ULVM vs. VLLU ETF Comparison

Comparison of VictoryShares USAA MSCI USA Value Momentum ETF (ULVM) to Harbor AlphaEdge Large Cap Value ETF (VLLU)

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

VLLU

Harbor AlphaEdge Large Cap Value ETF

VLLU Description

The fund employs an indexing investment approach designed to track the performance of the index, which is constructed by Harbor Capital Advisors, Inc. using a proprietary, rules-based methodology. The index consists of equity securities of U.S.-listed companies that exhibit attractive valuation along with positive fundamental and price characteristics according to the index Provider"s methodology. The fund invests at least 80% of its total assets in securities that are included in the index.

Grade (RS Rating)

Last Trade

$21.97

Average Daily Volume

152

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ULVM	VLLU
30 Days	6.04%	6.02%
60 Days	7.87%	6.70%
90 Days	10.00%
12 Months	37.10%

29 Overlapping Holdings

Symbol	Grade	Weight in ULVM	Weight in VLLU	Overlap
ADM	D	0.44%	0.46%	0.44%
AXP	A	0.9%	3.02%	0.9%
BAC	A	0.92%	2.47%	0.92%
BK	A	1.22%	0.54%	0.54%
BRK.A	B	1.38%	2.92%	1.38%
C	A	0.82%	0.51%	0.51%
CI	F	0.87%	2.04%	0.87%
CTSH	B	0.93%	2.41%	0.93%
ELV	F	0.69%	0.48%	0.48%
EME	C	0.81%	3.43%	0.81%
GM	B	0.72%	0.53%	0.53%
GS	A	0.96%	0.54%	0.54%
HIG	B	1.0%	3.03%	1.0%
HPQ	B	0.6%	2.86%	0.6%
JPM	A	1.03%	3.09%	1.03%
KR	B	0.96%	1.87%	0.96%
L	A	1.3%	0.5%	0.5%
LDOS	C	1.07%	0.41%	0.41%
LEN	D	0.54%	0.48%	0.48%
MPC	D	0.58%	1.47%	0.58%
NVR	D	0.75%	0.42%	0.42%
SYF	B	0.82%	1.5%	0.82%
T	A	1.09%	2.94%	1.09%
THC	D	0.52%	0.89%	0.52%
TSN	B	0.88%	0.52%	0.52%
VLO	C	0.62%	1.96%	0.62%
VZ	C	0.9%	0.99%	0.9%
WFC	A	0.94%	0.62%	0.62%
WSM	B	0.52%	0.63%	0.52%

ULVM Overweight 96 Positions Relative to VLLU

Symbol	Grade	Weight
KMI	A	1.47%
FI	A	1.39%
TRGP	B	1.28%
ETR	B	1.27%
WELL	A	1.22%
PEG	A	1.22%
WMT	A	1.2%
BSX	B	1.2%
LMT	D	1.19%
DUK	C	1.18%
PKG	A	1.16%
GD	F	1.11%
APP	B	1.08%
WAB	B	1.03%
RTX	C	1.02%
SSNC	B	1.01%
GDDY	A	1.0%
FOXA	B	0.99%
AVB	B	0.98%
MCK	B	0.96%
COST	B	0.95%
DGX	A	0.94%
COF	B	0.92%
AIG	B	0.91%
UAL	A	0.91%
NWSA	B	0.9%
EQH	B	0.9%
VICI	C	0.9%
DAL	C	0.89%
MLM	B	0.89%
ESS	B	0.87%
EXC	C	0.86%
IBM	C	0.86%
SPG	B	0.86%
LYB	F	0.85%
KIM	A	0.85%
RGA	A	0.85%
MSTR	C	0.84%
GRMN	B	0.82%
WY	D	0.82%
IR	B	0.81%
STLD	B	0.81%
APH	A	0.8%
KHC	F	0.8%
DOW	F	0.8%
IRM	D	0.78%
FITB	A	0.76%
CBRE	B	0.76%
IP	B	0.75%
TFC	A	0.74%
TXT	D	0.74%
GOOGL	C	0.74%
VTRS	A	0.73%
CSL	C	0.73%
FCNCA	A	0.72%
CASY	A	0.72%
KKR	A	0.72%
PSX	C	0.71%
OC	A	0.71%
FANG	D	0.69%
REGN	F	0.68%
DD	D	0.67%
CRBG	B	0.67%
VST	B	0.67%
HCA	F	0.67%
CFG	B	0.66%
GE	D	0.66%
HWM	A	0.66%
PFE	D	0.65%
UTHR	C	0.64%
KEY	B	0.62%
FDX	B	0.59%
NTAP	C	0.59%
CVS	D	0.58%
HPE	B	0.58%
PHM	D	0.58%
VRT	B	0.56%
URI	B	0.55%
ARE	D	0.55%
CNC	D	0.54%
TOL	B	0.53%
META	D	0.51%
LLY	F	0.49%
ALLY	C	0.48%
DHI	D	0.47%
F	C	0.46%
WDC	D	0.46%
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 44 Positions Relative to VLLU

Symbol	Grade	Weight
MO	A	-3.19%
CVX	A	-3.13%
XOM	B	-2.96%
DFS	B	-2.84%
COR	B	-2.82%
BBY	D	-2.78%
SYY	B	-2.72%
EOG	A	-2.49%
GILD	C	-2.26%
CMCSA	B	-2.05%
JXN	C	-2.0%
LPX	B	-1.93%
TGT	F	-1.87%
HRB	D	-1.67%
NRG	B	-1.6%
MLI	C	-1.55%
FLEX	A	-1.52%
PPC	C	-1.29%
UHS	D	-1.0%
LOW	D	-0.92%
PGR	A	-0.85%
MATX	C	-0.75%
CALM	A	-0.62%
FTDR	A	-0.58%
ACGL	D	-0.58%
DIS	B	-0.58%
LOPE	B	-0.57%
CAH	B	-0.56%
AMR	C	-0.55%
COP	C	-0.53%
DXC	B	-0.53%
CB	C	-0.51%
DBX	B	-0.5%
JBL	B	-0.5%
PFG	D	-0.48%
CAT	B	-0.48%
MMM	D	-0.48%
BJ	A	-0.48%
RNR	C	-0.47%
MTG	C	-0.46%
GIS	D	-0.45%
STNG	F	-0.45%
MMS	F	-0.44%
NNI	D	-0.44%