USVM vs. QVMM ETF Comparison

Comparison of VictoryShares USAA MSCI USA Small Cap Value Momentum ETF (USVM) to Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM)
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

$89.79

Average Daily Volume

6,987

Number of Holdings *

278

* may have additional holdings in another (foreign) market
QVMM

Invesco S&P MidCap 400 QVM Multi-factor ETF

QVMM Description The investment seeks to track the investment results of the S&P MidCap 400 ® Quality, Value & Momentum Top 90% Multi- Factor Index (the “underlying index”). The fund will invest at least 90% of its total assets in the securities that comprise the index. S&P Dow Jones Indices LLC compiles, maintains and calculates the index, which is designed to track the performance of a subset of securities from the S&P MidCap 400 ® Index that exhibit the investment style criteria of quality, value and momentum. The index is composed of securities with multi-factor scores representing the top 90% of the parent index, as determined by the index provider. It is non-diversified.

Grade (RS Rating)

Last Trade

$30.46

Average Daily Volume

1,049

Number of Holdings *

352

* may have additional holdings in another (foreign) market
Performance
Period USVM QVMM
30 Days 5.63% 4.70%
60 Days 6.57% 6.17%
90 Days 7.46% 6.60%
12 Months 37.15% 31.35%
78 Overlapping Holdings
Symbol Grade Weight in USVM Weight in QVMM Overlap
AMKR D 0.17% 0.1% 0.1%
AN C 0.31% 0.16% 0.16%
ANF F 0.18% 0.29% 0.18%
ARW D 0.41% 0.23% 0.23%
ASB B 0.45% 0.15% 0.15%
AVT C 0.45% 0.18% 0.18%
AZTA D 0.27% 0.09% 0.09%
BCO F 0.38% 0.15% 0.15%
BHF C 0.36% 0.12% 0.12%
CACI D 0.69% 0.4% 0.4%
CHRD D 0.39% 0.32% 0.32%
CIVI D 0.3% 0.19% 0.19%
CLF F 0.26% 0.22% 0.22%
CLH C 0.47% 0.46% 0.46%
CMC B 0.44% 0.27% 0.27%
CNM D 0.26% 0.31% 0.26%
CNO B 0.48% 0.16% 0.16%
CNX A 0.59% 0.21% 0.21%
COHR B 0.25% 0.49% 0.25%
COKE C 0.29% 0.21% 0.21%
CRUS D 0.19% 0.2% 0.19%
CUZ B 0.41% 0.16% 0.16%
CVLT B 0.32% 0.28% 0.28%
CW C 0.66% 0.51% 0.51%
DKS D 0.22% 0.47% 0.22%
DTM A 0.8% 0.36% 0.36%
EHC B 0.58% 0.36% 0.36%
ENOV C 0.36% 0.09% 0.09%
ESAB C 0.52% 0.27% 0.27%
ESNT F 0.45% 0.22% 0.22%
EVR B 0.5% 0.39% 0.39%
EXEL B 0.52% 0.35% 0.35%
FIX A 0.31% 0.59% 0.31%
FYBR C 0.35% 0.22% 0.22%
GAP C 0.19% 0.19% 0.19%
GEF A 0.49% 0.06% 0.06%
GHC B 0.48% 0.12% 0.12%
GT C 0.27% 0.11% 0.11%
H B 0.44% 0.26% 0.26%
HALO F 0.29% 0.26% 0.26%
HRB D 0.34% 0.29% 0.29%
INGR C 0.69% 0.34% 0.34%
JEF A 0.56% 0.47% 0.47%
JLL D 0.35% 0.44% 0.35%
KBH D 0.28% 0.21% 0.21%
KBR F 0.62% 0.32% 0.32%
KEX B 0.42% 0.28% 0.28%
KRC B 0.33% 0.15% 0.15%
LPX B 0.33% 0.26% 0.26%
M F 0.23% 0.16% 0.16%
MEDP D 0.27% 0.29% 0.27%
MTG C 0.46% 0.24% 0.24%
MTSI B 0.37% 0.26% 0.26%
MUSA B 0.44% 0.35% 0.35%
NFG A 0.56% 0.19% 0.19%
NXST C 0.32% 0.19% 0.19%
ONTO F 0.16% 0.31% 0.16%
ORI A 0.59% 0.35% 0.35%
OVV B 0.39% 0.44% 0.39%
PBF D 0.24% 0.13% 0.13%
PK C 0.36% 0.12% 0.12%
POST C 0.54% 0.19% 0.19%
PR B 0.4% 0.3% 0.3%
PRGO C 0.29% 0.14% 0.14%
PVH C 0.28% 0.22% 0.22%
R B 0.45% 0.28% 0.28%
SBRA C 0.56% 0.14% 0.14%
SF B 0.66% 0.44% 0.44%
SFM A 0.45% 0.52% 0.45%
SNX D 0.45% 0.35% 0.35%
SWX B 0.46% 0.17% 0.17%
TMHC C 0.34% 0.27% 0.27%
TXRH B 0.53% 0.49% 0.49%
UAA C 0.32% 0.15% 0.15%
UGI C 0.32% 0.18% 0.18%
UNM A 0.78% 0.47% 0.47%
VSH F 0.29% 0.08% 0.08%
WING D 0.27% 0.34% 0.27%
USVM Overweight 200 Positions Relative to QVMM
Symbol Grade Weight
CTRE C 0.6%
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%
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%
SNDR B 0.48%
MLI B 0.47%
PIPR A 0.46%
GNW A 0.46%
GEO B 0.46%
LRN A 0.46%
ACIW B 0.45%
SKYW C 0.45%
MATX C 0.45%
GWRE A 0.45%
GPOR 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%
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%
ROAD B 0.4%
ITGR B 0.4%
DVA C 0.4%
VSTO A 0.4%
WT A 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%
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%
AL B 0.36%
WTTR A 0.36%
UVV B 0.36%
TTMI C 0.36%
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%
LNC C 0.34%
MOS F 0.33%
WGO C 0.33%
HIW C 0.33%
ABG C 0.33%
DEI B 0.33%
ALKT B 0.33%
REZI A 0.33%
AMWD C 0.33%
GIII D 0.32%
SEM B 0.32%
JBGS F 0.32%
CRS B 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%
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%
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%
VRNS D 0.29%
NATL B 0.28%
LGND C 0.28%
BHE C 0.28%
SM B 0.28%
VTLE C 0.27%
IESC C 0.27%
VERX A 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%
LEVI F 0.25%
MTH D 0.25%
HCC B 0.25%
MHO D 0.25%
SLVM B 0.25%
HIMS B 0.25%
MHK D 0.24%
BFH C 0.24%
BOOT C 0.24%
CAL F 0.23%
LUMN C 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%
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%
SOUN B 0.17%
SATS D 0.17%
ODP 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 274 Positions Relative to QVMM
Symbol Grade Weight
TPL A -0.99%
EME A -0.84%
CSL C -0.8%
LII A -0.73%
IBKR A -0.71%
XPO B -0.68%
RS B -0.66%
UTHR C -0.64%
OC A -0.63%
RPM A -0.61%
BURL B -0.61%
RBA A -0.61%
WSO A -0.61%
MANH D -0.6%
TOL B -0.59%
THC D -0.59%
WSM C -0.59%
PSTG D -0.58%
FNF B -0.57%
RGA A -0.56%
EQH C -0.56%
EWBC A -0.55%
USFD A -0.54%
ACM B -0.54%
GGG B -0.54%
CASY A -0.52%
AVTR F -0.49%
PFGC B -0.49%
RNR C -0.48%
GLPI C -0.47%
ITT A -0.47%
BMRN F -0.47%
NBIX C -0.46%
RRX B -0.46%
LECO C -0.46%
ALLY C -0.46%
NVT B -0.46%
SAIA B -0.45%
BLD D -0.44%
BWXT B -0.44%
SCI B -0.43%
ATR B -0.42%
BJ A -0.42%
FHN A -0.42%
AMH C -0.42%
FND D -0.41%
WPC C -0.41%
LAD A -0.41%
LAMR C -0.4%
KNSL B -0.4%
DUOL A -0.4%
WBS A -0.39%
TTEK F -0.39%
EXP B -0.38%
PRI B -0.38%
AIT B -0.38%
CIEN C -0.38%
AA A -0.38%
CCK D -0.38%
CUBE C -0.37%
PNFP B -0.37%
WWD C -0.37%
TPX B -0.36%
AYI B -0.36%
HLI A -0.35%
GMED A -0.34%
DCI B -0.34%
WTRG B -0.34%
TTC C -0.34%
OHI C -0.34%
ZION B -0.34%
WCC B -0.34%
WMS F -0.34%
FLR B -0.34%
ARMK B -0.34%
NYT D -0.33%
CHDN B -0.33%
AFG A -0.33%
FBIN D -0.33%
RGLD C -0.33%
KNX C -0.33%
AAON B -0.33%
AXTA B -0.33%
CFR B -0.33%
RBC A -0.33%
GPK C -0.32%
AR B -0.32%
BRBR A -0.32%
PCTY C -0.32%
CR A -0.32%
MORN B -0.32%
REXR F -0.32%
X B -0.32%
WTFC A -0.32%
MTZ B -0.31%
SNV C -0.31%
CHE D -0.31%
UFPI C -0.31%
HQY A -0.31%
CBSH B -0.31%
SKX D -0.3%
SSB B -0.3%
JAZZ B -0.3%
FLS B -0.3%
BRX A -0.3%
SSD F -0.29%
OGE A -0.29%
SEIC B -0.29%
EGP D -0.29%
GME C -0.29%
RRC B -0.29%
LNW F -0.29%
WH B -0.28%
MIDD C -0.28%
BERY C -0.28%
DAR C -0.28%
PB B -0.28%
OSK C -0.28%
G B -0.27%
TREX C -0.27%
VOYA B -0.27%
RGEN D -0.27%
ALV C -0.27%
MTDR B -0.27%
ADC A -0.26%
GXO B -0.26%
VMI B -0.26%
CGNX D -0.26%
MASI B -0.26%
LSCC D -0.26%
CADE B -0.26%
NNN C -0.26%
ONB C -0.26%
RYAN A -0.26%
EXLS B -0.26%
GNTX C -0.26%
WEX D -0.26%
DINO D -0.25%
FR D -0.25%
GBCI B -0.25%
WFRD D -0.25%
FCN F -0.25%
NOV C -0.25%
RLI A -0.25%
VNT C -0.24%
KD B -0.24%
MAT D -0.24%
STAG D -0.24%
MSA F -0.24%
LFUS D -0.24%
LSTR D -0.24%
CROX D -0.24%
OLED F -0.24%
COLB B -0.24%
FNB A -0.23%
THO B -0.23%
DOCS C -0.23%
CHX C -0.23%
FAF A -0.23%
NOVT D -0.23%
WHR B -0.23%
VNO C -0.23%
LEA F -0.22%
RMBS B -0.22%
ALTR B -0.22%
CBT D -0.22%
SIGI C -0.22%
JHG B -0.22%
STWD C -0.22%
AMG B -0.22%
SAIC F -0.22%
VVV D -0.21%
KRG B -0.21%
THG A -0.21%
WTS B -0.21%
HOMB A -0.21%
UBSI B -0.21%
QLYS B -0.2%
BRKR D -0.2%
BC C -0.2%
HWC B -0.2%
GATX A -0.2%
SLM A -0.2%
IDA A -0.2%
LNTH D -0.2%
AGCO D -0.2%
MUR D -0.19%
MMS F -0.19%
OLN F -0.19%
KNF B -0.19%
AM A -0.19%
BDC C -0.19%
FFIN B -0.19%
OZK B -0.19%
ST F -0.19%
UMBF B -0.19%
BYD B -0.18%
AVNT B -0.18%
LOPE C -0.18%
APPF B -0.18%
EXPO D -0.18%
HXL F -0.18%
SON F -0.18%
TKR D -0.18%
OLLI D -0.18%
POR C -0.17%
IRT A -0.17%
WMG D -0.17%
HAE C -0.17%
EEFT B -0.17%
DLB B -0.16%
KMPR A -0.16%
ASGN F -0.16%
SLGN A -0.16%
CELH F -0.16%
VLY B -0.16%
NJR A -0.16%
PNM B -0.15%
ASH F -0.15%
MSM C -0.15%
ENS F -0.15%
HOG D -0.15%
FLO D -0.15%
BKH A -0.15%
ORA B -0.15%
WLK D -0.15%
NEU D -0.14%
PII F -0.14%
SR A -0.14%
ROIV C -0.14%
ACHC F -0.14%
TEX F -0.14%
RYN D -0.14%
IBOC B -0.14%
TNL A -0.14%
OGS A -0.14%
TCBI C -0.14%
NVST B -0.13%
PAG B -0.13%
LANC C -0.13%
SLAB F -0.13%
WU F -0.13%
ALE A -0.13%
XRAY F -0.13%
OPCH D -0.13%
VAC C -0.12%
EPR C -0.12%
NWE B -0.12%
SYNA C -0.12%
FHI B -0.12%
PCH F -0.12%
CDP C -0.12%
VAL F -0.12%
YETI D -0.12%
LIVN F -0.11%
ZI D -0.11%
WEN D -0.11%
MAN F -0.11%
NEOG F -0.11%
HGV C -0.11%
CXT C -0.1%
RCM A -0.1%
COLM C -0.1%
VC F -0.1%
COTY F -0.1%
NSP F -0.1%
NSA C -0.1%
SAM C -0.1%
JWN D -0.08%
IPGP D -0.08%
PPC C -0.08%
CRI F -0.07%
CNXC F -0.07%
CPRI F -0.07%
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