USVM vs. PAMC ETF Comparison

Comparison of VictoryShares USAA MSCI USA Small Cap Value Momentum ETF (USVM) to Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC)

USVM

VictoryShares USAA MSCI USA Small Cap Value Momentum ETF

USVM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the MSCI USA Small Cap 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 small-capitalization U.S. issuers within the MSCI USA Small Cap 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

$90.97

Average Daily Volume

6,987

Number of Holdings ^*

278

* may have additional holdings in another (foreign) market

PAMC

Pacer Lunt MidCap Multi-Factor Alternator ETF

PAMC Description

The investment seeks to track the total return performance, before fees and expenses, of the Lunt Capital U.S. MidCap Multi-Factor Rotation Index. Under normal circumstances, at least 80% of the fund’s total assets (exclusive of collateral held from securities lending) will be invested in the component securities of its underlying index or in one or more ETFs that track the performance of all or a portion of such component securities in the same approximate proportion as in the fund’s underlying index. The index uses an objective, rules-based methodology to provide exposure to mid-capitalization U.S. companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$50.06

Average Daily Volume

10,554

Number of Holdings ^*

134

* may have additional holdings in another (foreign) market

Performance

Period	USVM	PAMC
30 Days	5.63%	6.63%
60 Days	6.57%	7.12%
90 Days	7.46%	7.91%
12 Months	37.15%	41.67%

40 Overlapping Holdings

Symbol	Grade	Weight in USVM	Weight in PAMC	Overlap
ANF	F	0.18%	0.72%	0.18%
AVT	C	0.45%	0.54%	0.45%
BCO	F	0.38%	0.26%	0.26%
CACI	D	0.69%	1.39%	0.69%
CHRD	D	0.39%	0.43%	0.39%
CLH	C	0.47%	0.7%	0.47%
CNM	D	0.26%	0.49%	0.26%
CNO	B	0.48%	0.2%	0.2%
COKE	C	0.29%	0.52%	0.29%
CRUS	D	0.19%	0.29%	0.19%
CVLT	B	0.32%	0.63%	0.32%
CW	C	0.66%	2.22%	0.66%
DTM	A	0.8%	1.68%	0.8%
EHC	B	0.58%	1.38%	0.58%
ESAB	C	0.52%	0.38%	0.38%
ESNT	F	0.45%	0.83%	0.45%
EVR	B	0.5%	1.07%	0.5%
FIX	A	0.31%	1.03%	0.31%
GAP	C	0.19%	0.32%	0.19%
GEF	A	0.49%	0.62%	0.49%
HRB	D	0.34%	0.69%	0.34%
INGR	C	0.69%	0.75%	0.69%
JEF	A	0.56%	1.67%	0.56%
JLL	D	0.35%	0.6%	0.35%
KBH	D	0.28%	0.3%	0.28%
KBR	F	0.62%	0.58%	0.58%
KEX	B	0.42%	0.46%	0.42%
MTG	C	0.46%	1.01%	0.46%
MUSA	B	0.44%	1.32%	0.44%
NFG	A	0.56%	0.58%	0.56%
ORI	A	0.59%	1.17%	0.59%
POST	C	0.54%	0.85%	0.54%
R	B	0.45%	0.34%	0.34%
SBRA	C	0.56%	0.8%	0.56%
SF	B	0.66%	1.5%	0.66%
SFM	A	0.45%	1.44%	0.45%
SNX	D	0.45%	0.57%	0.45%
TXRH	B	0.53%	1.62%	0.53%
UNM	A	0.78%	0.72%	0.72%
WING	D	0.27%	0.98%	0.27%

USVM Overweight 238 Positions Relative to PAMC

Symbol	Grade	Weight
CTRE	C	0.6%
CNX	A	0.59%
GVA	A	0.59%
TAP	C	0.56%
INVA	D	0.56%
PINC	B	0.54%
AXS	A	0.54%
AKR	B	0.53%
CALM	A	0.52%
EXEL	B	0.52%
NHI	D	0.51%
FFIV	B	0.51%
TGNA	B	0.51%
AWI	A	0.51%
PBH	A	0.5%
ENSG	C	0.5%
AGO	B	0.49%
ALSN	B	0.49%
CSWI	B	0.49%
GHC	B	0.48%
SNDR	B	0.48%
MLI	B	0.47%
PIPR	A	0.46%
GNW	A	0.46%
GEO	B	0.46%
SWX	B	0.46%
LRN	A	0.46%
ASB	B	0.45%
ACIW	B	0.45%
SKYW	C	0.45%
MATX	C	0.45%
GWRE	A	0.45%
GPOR	B	0.44%
CMC	B	0.44%
H	B	0.44%
GBX	A	0.44%
KFY	B	0.43%
PRIM	A	0.43%
PLXS	B	0.43%
COOP	B	0.43%
ENVA	B	0.42%
BPOP	C	0.42%
PSN	D	0.42%
GMS	B	0.42%
VCTR	B	0.42%
HNI	B	0.42%
STC	B	0.41%
CUZ	B	0.41%
ARW	D	0.41%
MOG.A	B	0.41%
CXW	C	0.41%
RDN	D	0.41%
SEB	F	0.41%
RUSHA	C	0.4%
MCY	A	0.4%
PR	B	0.4%
ROAD	B	0.4%
ITGR	B	0.4%
DVA	C	0.4%
VSTO	A	0.4%
WT	A	0.39%
OVV	B	0.39%
WKC	C	0.39%
RL	C	0.39%
BTU	B	0.39%
MDU	D	0.39%
GPI	B	0.38%
FSS	B	0.38%
AROC	A	0.38%
MTSI	B	0.37%
QTWO	A	0.37%
BIO	C	0.37%
ESRT	C	0.37%
CNK	C	0.37%
UHS	D	0.36%
PATK	C	0.36%
DY	D	0.36%
SPB	C	0.36%
PK	C	0.36%
AL	B	0.36%
ENOV	C	0.36%
BHF	C	0.36%
WTTR	A	0.36%
UVV	B	0.36%
TTMI	C	0.36%
FYBR	C	0.35%
LMAT	A	0.35%
IVZ	B	0.35%
JXN	C	0.35%
NAVI	F	0.35%
ADUS	D	0.35%
NTRA	A	0.35%
RDNT	B	0.34%
PHIN	A	0.34%
TMHC	C	0.34%
LNC	C	0.34%
MOS	F	0.33%
WGO	C	0.33%
HIW	C	0.33%
LPX	B	0.33%
ABG	C	0.33%
DEI	B	0.33%
ALKT	B	0.33%
REZI	A	0.33%
KRC	B	0.33%
AMWD	C	0.33%
GIII	D	0.32%
SEM	B	0.32%
NXST	C	0.32%
UGI	C	0.32%
JBGS	F	0.32%
CRS	B	0.32%
UAA	C	0.32%
ANDE	D	0.32%
NMRK	C	0.32%
STRL	A	0.32%
CWEN	C	0.32%
VIRT	A	0.32%
PEB	D	0.32%
ARI	C	0.32%
TPH	D	0.31%
DDS	B	0.31%
PRDO	B	0.31%
AZZ	A	0.31%
AN	C	0.31%
LZB	B	0.31%
ATGE	B	0.31%
IIPR	D	0.31%
MAC	B	0.31%
CRL	D	0.31%
CORT	B	0.3%
SLG	B	0.3%
CIVI	D	0.3%
SOLV	D	0.3%
INSW	F	0.3%
NTCT	C	0.3%
ADTN	A	0.3%
IAC	F	0.29%
SCS	C	0.29%
BCC	B	0.29%
SAH	C	0.29%
HALO	F	0.29%
VRNS	D	0.29%
PRGO	C	0.29%
VSH	F	0.29%
NATL	B	0.28%
LGND	C	0.28%
BHE	C	0.28%
PVH	C	0.28%
SM	B	0.28%
VTLE	C	0.27%
IESC	C	0.27%
GT	C	0.27%
AZTA	D	0.27%
VERX	A	0.27%
MEDP	D	0.27%
GRBK	D	0.27%
CUBI	B	0.27%
DXC	B	0.27%
PLUS	F	0.26%
VYX	B	0.26%
NSIT	F	0.26%
POWL	C	0.26%
AMRX	C	0.26%
AEO	F	0.26%
SANM	B	0.26%
GKOS	B	0.26%
CLF	F	0.26%
LEVI	F	0.25%
MTH	D	0.25%
HCC	B	0.25%
MHO	D	0.25%
SLVM	B	0.25%
COHR	B	0.25%
HIMS	B	0.25%
MHK	D	0.24%
BFH	C	0.24%
PBF	D	0.24%
BOOT	C	0.24%
CAL	F	0.23%
LUMN	C	0.23%
M	F	0.23%
CRNX	C	0.23%
CAR	C	0.23%
CCS	D	0.23%
BMBL	C	0.23%
ADMA	B	0.22%
JBLU	F	0.22%
DKS	D	0.22%
UCTT	D	0.22%
TDS	B	0.22%
LBPH	A	0.22%
UFPT	C	0.21%
REVG	C	0.21%
MODG	F	0.21%
MSGE	F	0.21%
GES	F	0.21%
VIR	D	0.2%
ELAN	D	0.2%
FTRE	D	0.2%
MOD	A	0.2%
COLL	F	0.2%
PI	D	0.2%
BKD	F	0.2%
USM	B	0.2%
VITL	D	0.19%
KSS	F	0.19%
AMR	C	0.19%
CLSK	C	0.19%
LPG	F	0.19%
PLAB	C	0.19%
VECO	F	0.19%
HTZ	C	0.18%
OGN	F	0.18%
XRX	F	0.18%
VSTS	C	0.17%
FORM	D	0.17%
AMKR	D	0.17%
SOUN	B	0.17%
SATS	D	0.17%
ODP	F	0.16%
ONTO	F	0.16%
QRVO	F	0.16%
RNA	C	0.16%
OMI	F	0.16%
AHCO	F	0.15%
JANX	C	0.15%
DFH	D	0.15%
MPW	F	0.14%
ZETA	D	0.14%
HE	C	0.13%
INSM	C	0.13%
HOV	D	0.13%
NPAB	F	0.13%
VKTX	F	0.12%
HUMA	F	0.12%
DYN	F	0.1%
MRVI	F	0.08%

USVM Underweight 94 Positions Relative to PAMC

Symbol	Grade	Weight
RGA	A	-2.12%
IBKR	A	-1.78%
EME	A	-1.76%
HLI	A	-1.45%
TPL	A	-1.38%
WSM	C	-1.37%
LII	A	-1.26%
THC	D	-1.21%
CSL	C	-1.19%
FLS	B	-1.1%
EQH	C	-1.05%
TOL	B	-1.01%
JHG	B	-0.94%
AM	A	-0.92%
NYT	D	-0.92%
FNF	B	-0.92%
ATR	B	-0.91%
AMG	B	-0.91%
SEIC	B	-0.89%
CASY	A	-0.87%
XPO	B	-0.85%
PPC	C	-0.82%
VOYA	B	-0.77%
FHI	B	-0.77%
THG	A	-0.73%
IDA	A	-0.73%
PNM	B	-0.72%
RLI	A	-0.71%
DCI	B	-0.71%
G	B	-0.71%
EWBC	A	-0.71%
ITT	A	-0.7%
OGE	A	-0.69%
USFD	A	-0.67%
ACM	B	-0.67%
PSTG	D	-0.67%
PRI	B	-0.67%
RPM	A	-0.66%
ADC	A	-0.66%
GGG	B	-0.66%
AIT	B	-0.66%
AFG	A	-0.66%
NJR	A	-0.65%
GNTX	C	-0.62%
BLD	D	-0.62%
GLPI	C	-0.62%
BWXT	B	-0.61%
SON	F	-0.61%
OHI	C	-0.61%
NWE	B	-0.61%
AMH	C	-0.6%
SR	A	-0.6%
EPR	C	-0.6%
ELS	C	-0.6%
GATX	A	-0.59%
CHE	D	-0.59%
BRX	A	-0.59%
SLGN	A	-0.59%
NBIX	C	-0.59%
OGS	A	-0.58%
ALE	A	-0.58%
CR	A	-0.58%
BKH	A	-0.57%
LSTR	D	-0.57%
AYI	B	-0.57%
CDP	C	-0.56%
EGP	D	-0.56%
MSA	F	-0.55%
NNN	C	-0.55%
POR	C	-0.55%
FLO	D	-0.55%
FR	D	-0.54%
NEU	D	-0.53%
MMS	F	-0.53%
STAG	D	-0.53%
NVT	B	-0.52%
DLB	B	-0.51%
EXP	B	-0.51%
WTRG	B	-0.49%
ALLY	C	-0.48%
MAN	F	-0.46%
MORN	B	-0.45%
LNW	F	-0.44%
BRBR	A	-0.44%
FLR	B	-0.4%
KD	B	-0.39%
RYAN	A	-0.39%
KNF	B	-0.38%
OLED	F	-0.35%
CBT	D	-0.31%
SLM	A	-0.26%
LOPE	C	-0.26%
UMBF	B	-0.26%
IBOC	B	-0.19%