VSMV vs. MPAY ETF Comparison

Comparison of VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) to Akros Monthly Payout ETF (MPAY)

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

$43.92

Average Daily Volume

8,494

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MPAY

Akros Monthly Payout ETF

MPAY Description

MPAY seeks to provide potential monthly distributions, which may include return of capital to investors. The index is generally comprised of 50 stocks and 18 ETFs. For the stock component of the index, only those listed on a US exchange and have a market-cap of at least $1 billion may be included. A proprietary algorithm analyzes historical financial and trading data to rank and select stocks based on their excess return factor, which is a formula that gauges whether a stock could outperform future markets. The top 50 stocks are selected to be included. The ETF component of the index aims to cut across different asset classes: mainly foreign equity, broad commodity, gold, Treasurys, bonds, REITs, MBTs, and global infrastructure ETFs. Individual weights are based on a proprietary methodology that incorporates modern portfolio theory principles such as historical covariance, historical mean, historical risk contribution, and cluster analysis. The index is rebalanced monthly and is non-diversified.

Grade (RS Rating)

Last Trade

$23.60

Average Daily Volume

502

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VSMV	MPAY
30 Days	-1.39%	-1.72%
60 Days	-0.90%	-1.87%
90 Days	1.38%	3.43%
12 Months	12.31%	11.52%

11 Overlapping Holdings

Symbol	Grade	Weight in VSMV	Weight in MPAY	Overlap
AAPL	B	8.14%	8.01%	8.01%
CLX	F	0.25%	1.27%	0.25%
CSCO	F	2.25%	2.3%	2.25%
CTSH	F	2.42%	1.33%	1.33%
GOOGL	B	2.75%	8.91%	2.75%
HD	D	0.23%	2.98%	0.23%
KMB	B	3.22%	1.64%	1.64%
LDOS	A	1.63%	1.51%	1.51%
LMT	B	3.36%	1.92%	1.92%
NTAP	B	2.03%	1.35%	1.35%
ULTA	F	1.0%	1.13%	1.0%

VSMV Overweight 55 Positions Relative to MPAY

Symbol	Grade	Weight
MSFT	C	9.72%
MRK	B	3.77%
WMT	C	3.67%
JNJ	F	3.6%
ABBV	D	3.3%
WM	A	3.21%
RSG	C	3.18%
UNH	C	3.04%
CVX	B	2.83%
AFL	A	2.5%
HSY	C	2.38%
FAST	D	2.28%
EG	C	1.66%
AKAM	F	1.6%
TXT	D	1.6%
GD	A	1.56%
SNA	D	1.47%
WRB	D	1.46%
DECK	D	1.45%
BMY	F	1.37%
KMI	A	1.31%
KR	B	1.24%
MUSA	D	0.87%
UNM	B	0.8%
SSNC	C	0.74%
FOXA	B	0.71%
SAIC	C	0.68%
NYT	B	0.67%
CSX	D	0.36%
TXRH	A	0.31%
SKX	B	0.3%
CAH	F	0.3%
CHRD	B	0.28%
EOG	B	0.27%
OC	A	0.26%
CNM	B	0.26%
CSL	B	0.26%
MA	D	0.25%
VLO	D	0.25%
COKE	B	0.25%
CI	C	0.25%
V	D	0.25%
MPC	D	0.25%
BLD	C	0.24%
UFPI	C	0.24%
MAT	D	0.24%
TGT	D	0.24%
EXPD	D	0.24%
TROW	D	0.24%
NVR	D	0.24%
VRSK	C	0.24%
CNC	D	0.24%
PRU	C	0.24%
CMCSA	F	0.23%
THO	F	0.22%

VSMV Underweight 39 Positions Relative to MPAY

Symbol	Grade	Weight
AMZN	A	-8.17%
ACN	D	-2.19%
NKE	D	-2.02%
UPS	F	-1.98%
IBM	D	-1.97%
USHY	A	-1.88%
DELL	B	-1.87%
BKNG	C	-1.85%
TJX	C	-1.8%
CL	A	-1.74%
HCA	D	-1.67%
MELI	C	-1.65%
CDNS	D	-1.57%
ALL	B	-1.56%
FDX	C	-1.54%
SBUX	F	-1.53%
DAL	A	-1.53%
MMM	B	-1.52%
FTNT	F	-1.49%
EA	D	-1.44%
EBAY	C	-1.42%
OTIS	D	-1.39%
EL	F	-1.38%
HAL	F	-1.38%
STLA	D	-1.38%
BAH	A	-1.38%
MTD	D	-1.35%
SYY	D	-1.35%
KEYS	D	-1.34%
HPQ	D	-1.34%
BAX	F	-1.33%
IT	D	-1.32%
LII	D	-1.3%
WSM	B	-1.26%
STLD	D	-1.25%
ALGN	F	-1.23%
DKS	B	-1.23%
BBY	D	-1.22%
JBL	D	-1.16%