ULVM vs. USMF ETF Comparison

Comparison of VictoryShares USAA MSCI USA Value Momentum ETF (ULVM) to WisdomTree U.S. Multifactor Fund (USMF)

ULVM

VictoryShares USAA MSCI USA Value Momentum ETF

ULVM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the MSCI USA Select Value Momentum Blend Index. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its assets in securities in the index. The index is designed to deliver exposure to equity securities of large- and mid-capitalization U.S. issuers within the MSCI USA Index (the parent index) that have higher exposure to value and momentum factors, while also maintaining moderate index turnover and lower realized volatility than traditional capitalization-weighted indexes.

Grade (RS Rating)

Last Trade

$86.63

Average Daily Volume

2,586

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

USMF

WisdomTree U.S. Multifactor Fund

USMF Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Multifactor Index. Under normal circumstances, at least 80% of the fund's total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is generally comprised of 200 U.S. companies with the highest composite scores based on two fundamental factors (value and quality measures) and two technical factors (momentum and correlation). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.37

Average Daily Volume

25,306

Number of Holdings ^*

199

* may have additional holdings in another (foreign) market

Performance

Period	ULVM	USMF
30 Days	6.04%	6.39%
60 Days	7.87%	7.88%
90 Days	10.00%	8.72%
12 Months	37.10%	32.34%

45 Overlapping Holdings

Symbol	Grade	Weight in ULVM	Weight in USMF	Overlap
AIG	B	0.91%	0.34%	0.34%
APP	B	1.08%	1.8%	1.08%
AXP	A	0.9%	0.35%	0.35%
BRK.A	B	1.38%	0.37%	0.37%
BSX	B	1.2%	0.43%	0.43%
CI	F	0.87%	0.28%	0.28%
CNC	D	0.54%	0.26%	0.26%
CTSH	B	0.93%	1.32%	0.93%
DGX	A	0.94%	0.42%	0.42%
DUK	C	1.18%	0.31%	0.31%
ELV	F	0.69%	0.29%	0.29%
EME	C	0.81%	0.36%	0.36%
ETR	B	1.27%	0.41%	0.41%
FCNCA	A	0.72%	0.3%	0.3%
FDX	B	0.59%	0.26%	0.26%
FI	A	1.39%	0.43%	0.43%
FOXA	B	0.99%	1.09%	0.99%
GDDY	A	1.0%	1.52%	1.0%
GM	B	0.72%	0.61%	0.61%
HCA	F	0.67%	0.29%	0.29%
HIG	B	1.0%	0.4%	0.4%
HPQ	B	0.6%	0.96%	0.6%
IBM	C	0.86%	1.39%	0.86%
JPM	A	1.03%	0.39%	0.39%
KHC	F	0.8%	0.26%	0.26%
KR	B	0.96%	0.34%	0.34%
L	A	1.3%	0.4%	0.4%
LDOS	C	1.07%	0.44%	0.44%
LMT	D	1.19%	0.39%	0.39%
MCK	B	0.96%	0.46%	0.46%
MPC	D	0.58%	0.29%	0.29%
NTAP	C	0.59%	0.84%	0.59%
REGN	F	0.68%	0.26%	0.26%
RGA	A	0.85%	0.33%	0.33%
SSNC	B	1.01%	0.36%	0.36%
SYF	B	0.82%	0.32%	0.32%
T	A	1.09%	1.09%	1.09%
THC	D	0.52%	0.25%	0.25%
UTHR	C	0.64%	0.38%	0.38%
VICI	C	0.9%	0.32%	0.32%
VLO	C	0.62%	0.33%	0.33%
VTRS	A	0.73%	0.33%	0.33%
VZ	C	0.9%	0.9%	0.9%
WFC	A	0.94%	0.4%	0.4%
WMT	A	1.2%	0.36%	0.36%

ULVM Overweight 80 Positions Relative to USMF

Symbol	Grade	Weight
KMI	A	1.47%
TRGP	B	1.28%
WELL	A	1.22%
PEG	A	1.22%
BK	A	1.22%
PKG	A	1.16%
GD	F	1.11%
WAB	B	1.03%
RTX	C	1.02%
AVB	B	0.98%
GS	A	0.96%
COST	B	0.95%
COF	B	0.92%
BAC	A	0.92%
UAL	A	0.91%
NWSA	B	0.9%
EQH	B	0.9%
DAL	C	0.89%
MLM	B	0.89%
TSN	B	0.88%
ESS	B	0.87%
EXC	C	0.86%
SPG	B	0.86%
LYB	F	0.85%
KIM	A	0.85%
MSTR	C	0.84%
GRMN	B	0.82%
C	A	0.82%
WY	D	0.82%
IR	B	0.81%
STLD	B	0.81%
APH	A	0.8%
DOW	F	0.8%
IRM	D	0.78%
FITB	A	0.76%
CBRE	B	0.76%
NVR	D	0.75%
IP	B	0.75%
TFC	A	0.74%
TXT	D	0.74%
GOOGL	C	0.74%
CSL	C	0.73%
CASY	A	0.72%
KKR	A	0.72%
PSX	C	0.71%
OC	A	0.71%
FANG	D	0.69%
DD	D	0.67%
CRBG	B	0.67%
VST	B	0.67%
CFG	B	0.66%
GE	D	0.66%
HWM	A	0.66%
PFE	D	0.65%
KEY	B	0.62%
CVS	D	0.58%
HPE	B	0.58%
PHM	D	0.58%
VRT	B	0.56%
URI	B	0.55%
ARE	D	0.55%
LEN	D	0.54%
TOL	B	0.53%
WSM	B	0.52%
META	D	0.51%
LLY	F	0.49%
ALLY	C	0.48%
DHI	D	0.47%
F	C	0.46%
WDC	D	0.46%
ADM	D	0.44%
NVDA	C	0.42%
AVGO	D	0.41%
MU	D	0.4%
BLDR	D	0.4%
INTC	D	0.39%
CVNA	B	0.38%
SWKS	F	0.38%
DELL	C	0.34%
MRNA	F	0.14%

ULVM Underweight 154 Positions Relative to USMF

Symbol	Grade	Weight
MSI	B	-1.51%
VRSN	F	-1.43%
TDY	B	-1.32%
ROP	B	-1.31%
FFIV	B	-1.3%
TMUS	B	-1.27%
SNX	C	-1.16%
EA	A	-1.14%
TYL	B	-1.09%
FICO	B	-1.08%
ZM	B	-1.02%
DBX	B	-1.01%
GEN	B	-1.01%
DOCU	A	-1.0%
CVLT	B	-0.98%
AKAM	D	-0.98%
CRM	B	-0.97%
JNPR	F	-0.93%
DIS	B	-0.92%
CMCSA	B	-0.92%
DT	C	-0.9%
NYT	C	-0.86%
FTNT	C	-0.85%
TJX	A	-0.84%
ORLY	B	-0.8%
WDAY	B	-0.78%
DRI	B	-0.77%
TXRH	C	-0.77%
EPAM	C	-0.75%
MUSA	A	-0.74%
IPG	D	-0.74%
AZO	C	-0.71%
LVS	C	-0.71%
ARMK	B	-0.71%
EBAY	D	-0.68%
INFA	D	-0.68%
NTNX	A	-0.64%
HRB	D	-0.58%
EXPE	B	-0.54%
CRUS	D	-0.51%
COR	B	-0.48%
FSLR	F	-0.48%
XOM	B	-0.44%
CAH	B	-0.44%
AMP	A	-0.44%
EHC	B	-0.43%
IBKR	A	-0.43%
JNJ	D	-0.43%
ECL	D	-0.43%
HOLX	D	-0.42%
GILD	C	-0.42%
EOG	A	-0.42%
EXEL	B	-0.42%
ADP	B	-0.41%
RJF	A	-0.41%
WM	A	-0.41%
RSG	A	-0.4%
ADTN	A	-0.4%
ABT	B	-0.4%
COP	C	-0.4%
UNM	A	-0.4%
DOV	A	-0.39%
ANF	C	-0.39%
ZBH	C	-0.38%
VRSK	A	-0.38%
CACI	D	-0.38%
GPK	C	-0.38%
TRV	B	-0.38%
AIZ	A	-0.38%
INGR	B	-0.38%
BR	A	-0.38%
ALSN	B	-0.37%
CCK	C	-0.37%
RLI	B	-0.37%
LH	C	-0.37%
ALL	A	-0.37%
ABBV	D	-0.37%
CHE	D	-0.37%
CINF	A	-0.37%
PGR	A	-0.36%
BRO	B	-0.36%
ORI	A	-0.36%
CNA	B	-0.36%
PCAR	B	-0.36%
ACI	C	-0.36%
BERY	B	-0.36%
BMY	B	-0.36%
CME	A	-0.36%
PPC	C	-0.36%
PRI	A	-0.35%
MLI	C	-0.35%
VOYA	B	-0.35%
OGE	B	-0.35%
GAP	C	-0.35%
MRK	F	-0.35%
CBOE	B	-0.35%
HAL	C	-0.35%
AFL	B	-0.35%
WRB	A	-0.34%
LHX	C	-0.34%
MKL	A	-0.34%
MO	A	-0.34%
DE	A	-0.34%
MRO	B	-0.34%
PG	A	-0.33%
EWBC	A	-0.33%
MSA	D	-0.33%
GLPI	C	-0.33%
NTRS	A	-0.33%
ELS	C	-0.32%
NNN	D	-0.32%
KMB	D	-0.32%
MTB	A	-0.32%
TAP	C	-0.31%
DVN	F	-0.31%
POST	C	-0.31%
PNW	B	-0.31%
CBSH	A	-0.31%
MTG	C	-0.3%
TMO	F	-0.3%
CRS	A	-0.3%
SYY	B	-0.3%
FRT	B	-0.3%
EIX	B	-0.3%
REYN	D	-0.3%
UHS	D	-0.3%
J	F	-0.3%
PCG	A	-0.3%
CL	D	-0.3%
AEP	D	-0.29%
DVA	B	-0.29%
RYAN	B	-0.29%
SFM	A	-0.29%
LPX	B	-0.29%
MAS	D	-0.28%
WPC	D	-0.28%
GIS	D	-0.27%
BAH	F	-0.27%
CAG	D	-0.26%
SAIC	F	-0.25%
NBIX	C	-0.25%
DINO	D	-0.25%
AMT	D	-0.23%
APA	D	-0.23%
PAYC	B	-0.23%
FCN	D	-0.23%
PYPL	B	-0.22%
HII	D	-0.22%
MMM	D	-0.2%
FMC	D	-0.19%
BMRN	D	-0.19%
HALO	F	-0.18%
LNTH	D	-0.14%
GL	B	-0.14%