USVM vs. VFMV ETF Comparison

Comparison of VictoryShares USAA MSCI USA Small Cap Value Momentum ETF (USVM) to Vanguard U.S. Minimum Volatility ETF (VFMV)

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

$91.12

Average Daily Volume

7,002

Number of Holdings ^*

278

* may have additional holdings in another (foreign) market

VFMV

Vanguard U.S. Minimum Volatility ETF

VFMV Description

The investment seeks to provide long-term capital appreciation with lower volatility relative to the broad U.S. equity market. The fund invests primarily in a group of U.S. common stocks that together are deemed by the advisor to have the potential to generate lower volatility relative to the broad U.S. equity market. The portfolio will include a diverse mix of companies representing many different market sectors and industry groups. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$126.54

Average Daily Volume

6,907

Number of Holdings ^*

165

* may have additional holdings in another (foreign) market

Performance

Period	USVM	VFMV
30 Days	8.14%	3.75%
60 Days	7.88%	4.37%
90 Days	9.06%	5.38%
12 Months	39.19%	27.52%

18 Overlapping Holdings

Symbol	Grade	Weight in USVM	Weight in VFMV	Overlap
CRUS	D	0.19%	0.64%	0.19%
CTRE	D	0.6%	0.65%	0.6%
CVLT	B	0.32%	1.38%	0.32%
DTM	B	0.8%	0.35%	0.35%
EXEL	B	0.52%	0.21%	0.21%
INSW	F	0.3%	0.37%	0.3%
KEX	C	0.42%	1.05%	0.42%
LRN	A	0.46%	0.97%	0.46%
MATX	C	0.45%	0.45%	0.45%
MTSI	B	0.37%	0.2%	0.2%
MUSA	A	0.44%	1.13%	0.44%
NSIT	F	0.26%	0.56%	0.26%
PBH	A	0.5%	0.42%	0.42%
PI	D	0.2%	0.12%	0.12%
QRVO	F	0.16%	0.28%	0.16%
UNM	A	0.78%	0.06%	0.06%
VECO	F	0.19%	0.78%	0.19%
VERX	B	0.27%	0.3%	0.27%

USVM Overweight 260 Positions Relative to VFMV

Symbol	Grade	Weight
INGR	B	0.69%
CACI	D	0.69%
SF	B	0.66%
CW	B	0.66%
KBR	F	0.62%
CNX	A	0.59%
GVA	A	0.59%
ORI	A	0.59%
EHC	B	0.58%
TAP	C	0.56%
NFG	A	0.56%
SBRA	C	0.56%
JEF	A	0.56%
INVA	D	0.56%
PINC	B	0.54%
AXS	A	0.54%
POST	C	0.54%
AKR	B	0.53%
TXRH	C	0.53%
CALM	A	0.52%
ESAB	B	0.52%
NHI	D	0.51%
FFIV	B	0.51%
TGNA	B	0.51%
AWI	A	0.51%
ENSG	D	0.5%
EVR	B	0.5%
AGO	B	0.49%
GEF	A	0.49%
ALSN	B	0.49%
CSWI	A	0.49%
GHC	C	0.48%
CNO	A	0.48%
SNDR	B	0.48%
CLH	B	0.47%
MLI	C	0.47%
PIPR	B	0.46%
GNW	A	0.46%
GEO	B	0.46%
MTG	C	0.46%
SWX	B	0.46%
R	B	0.45%
SFM	A	0.45%
SNX	C	0.45%
ASB	B	0.45%
AVT	C	0.45%
ACIW	B	0.45%
SKYW	B	0.45%
ESNT	D	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	B	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	B	0.41%
RDN	C	0.41%
SEB	F	0.41%
RUSHA	C	0.4%
MCY	A	0.4%
PR	B	0.4%
ROAD	A	0.4%
ITGR	B	0.4%
DVA	B	0.4%
VSTO	A	0.4%
WT	B	0.39%
OVV	B	0.39%
WKC	D	0.39%
RL	B	0.39%
BTU	B	0.39%
CHRD	D	0.39%
MDU	D	0.39%
BCO	D	0.38%
GPI	A	0.38%
FSS	B	0.38%
AROC	B	0.38%
QTWO	A	0.37%
BIO	D	0.37%
ESRT	C	0.37%
CNK	B	0.37%
UHS	D	0.36%
PATK	D	0.36%
DY	D	0.36%
SPB	C	0.36%
PK	B	0.36%
AL	B	0.36%
ENOV	C	0.36%
BHF	B	0.36%
WTTR	B	0.36%
UVV	B	0.36%
TTMI	B	0.36%
FYBR	D	0.35%
LMAT	A	0.35%
IVZ	B	0.35%
JXN	C	0.35%
NAVI	C	0.35%
JLL	D	0.35%
ADUS	D	0.35%
NTRA	B	0.35%
RDNT	B	0.34%
PHIN	A	0.34%
TMHC	B	0.34%
HRB	D	0.34%
LNC	B	0.34%
MOS	F	0.33%
WGO	C	0.33%
HIW	D	0.33%
LPX	B	0.33%
ABG	B	0.33%
DEI	B	0.33%
ALKT	B	0.33%
REZI	A	0.33%
KRC	C	0.33%
AMWD	C	0.33%
GIII	D	0.32%
SEM	B	0.32%
NXST	C	0.32%
UGI	A	0.32%
JBGS	D	0.32%
CRS	A	0.32%
UAA	C	0.32%
ANDE	D	0.32%
NMRK	B	0.32%
STRL	B	0.32%
CWEN	C	0.32%
VIRT	B	0.32%
PEB	D	0.32%
ARI	C	0.32%
TPH	D	0.31%
DDS	B	0.31%
PRDO	B	0.31%
AZZ	B	0.31%
AN	C	0.31%
LZB	B	0.31%
ATGE	B	0.31%
IIPR	D	0.31%
FIX	A	0.31%
MAC	B	0.31%
CRL	C	0.31%
CORT	B	0.3%
SLG	B	0.3%
CIVI	D	0.3%
SOLV	C	0.3%
NTCT	C	0.3%
ADTN	A	0.3%
IAC	D	0.29%
COKE	C	0.29%
SCS	C	0.29%
BCC	B	0.29%
SAH	A	0.29%
HALO	F	0.29%
VRNS	D	0.29%
PRGO	B	0.29%
VSH	D	0.29%
NATL	B	0.28%
LGND	B	0.28%
BHE	B	0.28%
KBH	D	0.28%
PVH	C	0.28%
SM	B	0.28%
WING	D	0.27%
VTLE	C	0.27%
IESC	B	0.27%
GT	C	0.27%
AZTA	D	0.27%
MEDP	D	0.27%
GRBK	D	0.27%
CUBI	C	0.27%
DXC	B	0.27%
PLUS	F	0.26%
VYX	B	0.26%
POWL	C	0.26%
AMRX	C	0.26%
AEO	F	0.26%
CNM	D	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	B	0.24%
PBF	D	0.24%
BOOT	D	0.24%
CAL	D	0.23%
LUMN	C	0.23%
M	D	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	C	0.22%
UCTT	D	0.22%
TDS	B	0.22%
LBPH	A	0.22%
UFPT	B	0.21%
REVG	B	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%
BKD	D	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%
GAP	C	0.19%
HTZ	C	0.18%
ANF	C	0.18%
OGN	D	0.18%
XRX	F	0.18%
VSTS	C	0.17%
FORM	D	0.17%
AMKR	D	0.17%
SOUN	C	0.17%
SATS	D	0.17%
ODP	F	0.16%
ONTO	D	0.16%
RNA	D	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	B	0.13%
VKTX	F	0.12%
HUMA	F	0.12%
DYN	F	0.1%
MRVI	F	0.08%

USVM Underweight 147 Positions Relative to VFMV

Symbol	Grade	Weight
IBM	C	-1.52%
MCK	B	-1.52%
ADI	D	-1.5%
DOX	D	-1.5%
EQC	B	-1.49%
JNJ	D	-1.49%
ABT	B	-1.49%
PGR	A	-1.48%
PG	A	-1.48%
TXN	C	-1.48%
COR	B	-1.48%
LMT	D	-1.47%
MRK	F	-1.46%
ED	D	-1.44%
CHD	B	-1.44%
TMUS	B	-1.43%
DUK	C	-1.42%
T	A	-1.41%
KO	D	-1.4%
SO	D	-1.38%
NTAP	C	-1.37%
ROP	B	-1.33%
MSFT	F	-1.3%
TJX	A	-1.27%
CSCO	B	-1.25%
XOM	B	-1.23%
RSG	A	-1.2%
NOC	D	-1.17%
EA	A	-1.16%
GD	F	-1.14%
CME	A	-1.14%
REGN	F	-1.12%
ORLY	B	-1.11%
IDT	B	-1.1%
WMT	A	-1.08%
RTX	C	-1.06%
IDCC	A	-1.06%
WM	A	-1.06%
CL	D	-1.05%
CBOE	B	-1.04%
GIS	D	-1.0%
VZ	C	-1.0%
FCN	D	-0.98%
HPQ	B	-0.96%
WTW	B	-0.93%
CVX	A	-0.9%
MGEE	C	-0.89%
HSTM	B	-0.84%
GILD	C	-0.83%
MCD	D	-0.79%
DLB	B	-0.78%
FE	C	-0.77%
BSX	B	-0.75%
UNH	C	-0.75%
TYL	B	-0.74%
ABBV	D	-0.74%
TKO	B	-0.73%
CHE	D	-0.69%
SPOT	B	-0.68%
SAFT	C	-0.67%
BLKB	B	-0.66%
AVGO	D	-0.64%
GOOGL	C	-0.64%
CAH	B	-0.64%
WTM	A	-0.54%
AAPL	C	-0.54%
YELP	C	-0.52%
NABL	F	-0.51%
GOOG	C	-0.48%
META	D	-0.47%
GDDY	A	-0.46%
WEC	A	-0.45%
NEU	C	-0.4%
FLO	D	-0.38%
TRV	B	-0.38%
WMB	A	-0.37%
HOLX	D	-0.36%
HSY	F	-0.36%
V	A	-0.35%
AJG	B	-0.35%
PPC	C	-0.34%
AZO	C	-0.34%
LAUR	A	-0.34%
NVEC	C	-0.33%
THFF	B	-0.33%
PFE	D	-0.32%
LLY	F	-0.32%
BRK.A	B	-0.31%
FANG	D	-0.3%
RLI	B	-0.3%
MDLZ	F	-0.28%
OLLI	D	-0.26%
ATR	B	-0.25%
QCOM	F	-0.25%
LIN	D	-0.24%
JBSS	D	-0.24%
MO	A	-0.24%
ROL	B	-0.23%
MCS	B	-0.22%
AMSF	B	-0.21%
LOPE	B	-0.2%
DECK	A	-0.2%
IMMR	C	-0.2%
KMI	A	-0.2%
ACN	C	-0.2%
EBF	F	-0.2%
JJSF	B	-0.19%
CASS	B	-0.19%
AEE	A	-0.19%
QNST	B	-0.18%
HQY	B	-0.18%
SPOK	C	-0.15%
FDP	B	-0.15%
AMGN	D	-0.14%
OLED	D	-0.14%
HCKT	B	-0.14%
SPNS	F	-0.14%
TW	A	-0.13%
CI	F	-0.11%
PSX	C	-0.1%
DGICA	A	-0.1%
TNK	F	-0.09%
DJCO	B	-0.09%
AMAT	F	-0.08%
KLAC	D	-0.07%
CNXN	C	-0.07%
CB	C	-0.07%
CTSH	B	-0.06%
OSIS	B	-0.06%
JPM	A	-0.05%
AKAM	D	-0.04%
CNA	B	-0.04%
PEBK	B	-0.04%
LANC	C	-0.04%
CLBK	B	-0.04%
GLRE	B	-0.04%
PEP	F	-0.04%
CMS	C	-0.03%
NBIX	C	-0.03%
MSI	B	-0.03%
BCAL	B	-0.03%
EIG	B	-0.03%
VRTX	F	-0.03%
DTE	C	-0.03%
MRAM	D	-0.02%
FFNW	C	-0.02%
MU	D	-0.02%

VFMV: Top Represented Industries & Keywords

Industries: Insurance - Property & Casualty Semiconductors Drug Manufacturers - Major Internet Content & Information Utilities - Regulated Electric Packaged Foods Software - Application Telecom Services Information Technology Services Aerospace & Defense Banks - Regional - US Biotechnology Business Services Medical Distribution Semiconductor Equipment & Materials Shipping & Ports Education & Training Services Household & Personal Products Media - Diversified Oil & Gas Midstream