VSMV vs. FLSP ETF Comparison

Comparison of VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) to Franklin Liberty Systematic Style Premia ETF (FLSP)

VSMV

VictoryShares US Multi-Factor Minimum Volatility ETF

VSMV Description

The investment seeks to provide investment results that track the performance of the Nasdaq Victory US Multi-Factor Minimum Volatility Index before fees and expenses. The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in securities included in the Nasdaq Victory US Multi-Factor Minimum Volatility Index (the index). The index utilizes a rules-based approach designed to generate investment returns with less volatility than the broader U.S. market.

Grade (RS Rating)

Last Trade

$50.09

Average Daily Volume

11,492

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FLSP

Franklin Liberty Systematic Style Premia ETF

FLSP Description

The investment seeks absolute return. The fund seeks to achieve its investment goal by allocating its assets across two underlying alternative investment strategies, which represent top-down and bottom-up approaches to capturing factor-based risk premia. Through the two strategies, it may invest in or obtain exposure to: (i) equity securities (which may include common stocks and preferred stocks), (ii) debt securities (which may include bonds, notes, debentures, banker's acceptances and commercial paper), (iii) commodity-linked derivative instruments and (iv) currency-related derivative instruments.

Grade (RS Rating)

Last Trade

$24.11

Average Daily Volume

11,449

Number of Holdings ^*

183

* may have additional holdings in another (foreign) market

Performance

Period	VSMV	FLSP
30 Days	3.22%	0.69%
60 Days	4.01%	0.06%
90 Days	4.52%	0.73%
12 Months	23.25%	6.54%

32 Overlapping Holdings

Symbol	Grade	Weight in VSMV	Weight in FLSP	Overlap
ABBV	D	2.17%	0.59%	0.59%
AFL	B	2.9%	0.33%	0.33%
BBY	D	0.2%	0.11%	0.11%
BMY	B	0.27%	0.59%	0.27%
CAH	B	2.7%	0.12%	0.12%
CI	F	2.5%	0.22%	0.22%
CL	D	0.22%	0.36%	0.22%
CMCSA	B	0.38%	0.42%	0.38%
COR	B	3.18%	0.04%	0.04%
CPAY	A	0.29%	0.12%	0.12%
CSX	B	0.31%	0.31%	0.31%
CTSH	B	2.48%	0.21%	0.21%
EOG	A	1.96%	0.44%	0.44%
FFIV	B	1.05%	0.08%	0.08%
GILD	C	0.26%	0.61%	0.26%
HCA	F	0.2%	0.36%	0.2%
KMB	D	0.27%	0.23%	0.23%
LDOS	C	2.01%	0.13%	0.13%
MMM	D	0.23%	0.41%	0.23%
MSFT	F	8.63%	0.57%	0.57%
MSI	B	0.27%	0.48%	0.27%
NTAP	C	2.13%	0.16%	0.16%
NUE	C	0.24%	0.14%	0.14%
PG	A	3.03%	0.13%	0.13%
PHM	D	0.22%	0.11%	0.11%
PKG	A	0.4%	0.11%	0.11%
PYPL	B	0.26%	0.45%	0.26%
SNA	A	0.3%	0.1%	0.1%
SPG	B	0.4%	0.35%	0.35%
STLD	B	0.28%	0.11%	0.11%
TJX	A	0.28%	0.75%	0.28%
WMT	A	3.94%	0.75%	0.75%

VSMV Overweight 36 Positions Relative to FLSP

Symbol	Grade	Weight
AAPL	C	9.53%
XOM	B	3.57%
JNJ	D	3.48%
RSG	A	3.08%
WM	A	2.94%
LMT	D	2.92%
ADP	B	2.88%
MCK	B	2.65%
COST	B	2.64%
ALL	A	2.63%
MRK	F	2.5%
HPE	B	2.25%
KMI	A	1.84%
GOOGL	C	1.77%
CINF	A	1.36%
WMB	A	1.34%
MUSA	A	0.87%
CCK	C	0.83%
PAYX	C	0.82%
NYT	C	0.67%
ATR	B	0.52%
DVA	B	0.51%
GD	F	0.43%
ANF	C	0.4%
ALSN	B	0.3%
WSO	A	0.27%
CHRD	D	0.25%
ACN	C	0.25%
BERY	B	0.25%
AM	A	0.25%
CAT	B	0.24%
LSTR	D	0.23%
KO	D	0.22%
THC	D	0.22%
GIS	D	0.21%
LEA	D	0.21%

VSMV Underweight 151 Positions Relative to FLSP

Symbol	Grade	Weight
ADBE	C	-0.91%
BKNG	A	-0.87%
QCOM	F	-0.83%
MA	C	-0.77%
NOW	A	-0.75%
CRM	B	-0.7%
INTU	C	-0.68%
AMAT	F	-0.66%
T	A	-0.63%
NVDA	C	-0.62%
MDT	D	-0.6%
UBER	D	-0.49%
VRTX	F	-0.49%
NVS	D	-0.48%
META	D	-0.45%
NFLX	A	-0.45%
ADSK	A	-0.36%
GM	B	-0.36%
CTAS	B	-0.35%
RTX	C	-0.34%
TMO	F	-0.34%
FICO	B	-0.34%
REGN	F	-0.33%
FTNT	C	-0.32%
CDNS	B	-0.32%
APP	B	-0.31%
BK	A	-0.31%
VST	B	-0.29%
LNG	B	-0.29%
HD	A	-0.28%
MPC	D	-0.27%
FDX	B	-0.27%
FIS	C	-0.26%
CMI	A	-0.25%
VLO	C	-0.25%
KR	B	-0.24%
PH	A	-0.23%
A	D	-0.23%
PSX	C	-0.23%
EA	A	-0.23%
BCS	C	-0.23%
CPRT	A	-0.22%
AMP	A	-0.22%
RCL	A	-0.21%
MET	A	-0.21%
AIG	B	-0.21%
SNPS	B	-0.2%
HPQ	B	-0.2%
VICI	C	-0.19%
TGT	F	-0.19%
HIG	B	-0.19%
EBAY	D	-0.18%
SE	B	-0.18%
APH	A	-0.18%
IQV	D	-0.17%
STT	A	-0.17%
LULU	C	-0.16%
ADM	D	-0.16%
TROW	B	-0.16%
DECK	A	-0.16%
IR	B	-0.16%
MELI	D	-0.16%
GDDY	A	-0.15%
MS	A	-0.15%
SYY	B	-0.15%
MTD	D	-0.15%
ANSS	B	-0.14%
WAT	B	-0.14%
PCAR	B	-0.14%
EXPE	B	-0.14%
IDXX	F	-0.14%
AWK	D	-0.13%
CNC	D	-0.13%
DVN	F	-0.13%
AVB	B	-0.13%
LIN	D	-0.13%
TYL	B	-0.13%
CBOE	B	-0.12%
K	A	-0.12%
VTR	C	-0.12%
NRG	B	-0.12%
NTRS	A	-0.12%
LYV	A	-0.12%
BR	A	-0.12%
VEEV	C	-0.12%
CSL	C	-0.11%
STX	D	-0.11%
HOLX	D	-0.11%
LII	A	-0.11%
GOOG	C	-0.11%
WSM	B	-0.11%
LVS	C	-0.11%
LYB	F	-0.11%
MRO	B	-0.1%
EL	F	-0.1%
JBL	B	-0.1%
MAS	D	-0.1%
MOH	F	-0.1%
RS	B	-0.1%
CF	B	-0.1%
UTHR	C	-0.1%
VRSN	F	-0.1%
BLDR	D	-0.1%
PTC	A	-0.1%
DOCU	A	-0.1%
FE	C	-0.1%
ZM	B	-0.1%
GEN	B	-0.1%
UDR	B	-0.09%
L	A	-0.09%
TWLO	A	-0.09%
ROL	B	-0.09%
VTRS	A	-0.09%
EQH	B	-0.09%
SSNC	B	-0.09%
TXT	D	-0.09%
OC	A	-0.09%
EXPD	D	-0.09%
MANH	D	-0.09%
AVTR	F	-0.08%
DT	C	-0.08%
OVV	B	-0.08%
CHRW	C	-0.08%
REG	B	-0.08%
SWKS	F	-0.08%
DPZ	C	-0.08%
NBIX	C	-0.08%
PAYC	B	-0.07%
FOXA	B	-0.07%
TAP	C	-0.07%
DKS	C	-0.07%
INCY	C	-0.07%
BG	F	-0.07%
GLPI	C	-0.07%
UHS	D	-0.07%
ACI	C	-0.06%
MKTX	D	-0.06%
MTCH	D	-0.06%
CHKP	D	-0.06%
TER	D	-0.06%
SEIC	B	-0.06%
RPRX	D	-0.06%
AIZ	A	-0.06%
RPM	A	-0.05%
AER	B	-0.05%
WYNN	D	-0.05%
MGM	D	-0.05%
MOS	F	-0.05%
CRBG	B	-0.05%
ON	D	-0.04%
HII	D	-0.04%