VSMV vs. QLV ETF Comparison

Comparison of VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) to FlexShares US Quality Low Volatility Index Fund (QLV)

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

$45.50

Average Daily Volume

3,530

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QLV

FlexShares US Quality Low Volatility Index Fund

QLV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Developed Markets ex-US Quality Low Volatility IndexSM. The underlying index is designed to reflect the performance of a selection of companies that, in aggregate, possess lower overall absolute volatility characteristics relative to a broad universe of securities domiciled in developed market countries, excluding the U.S. The fund will invest at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$62.44

Average Daily Volume

15,626

Number of Holdings ^*

110

* may have additional holdings in another (foreign) market

Performance

Period	VSMV	QLV
30 Days	1.68%	2.87%
60 Days	5.32%	6.35%
90 Days	1.50%	3.88%
12 Months	13.05%	18.84%

17 Overlapping Holdings

Symbol	Grade	Weight in VSMV	Weight in QLV	Overlap
AAPL	A	9.64%	5.28%	5.28%
ABBV	B	3.41%	1.3%	1.3%
CLX	D	0.22%	0.05%	0.05%
EXPD	B	0.26%	0.03%	0.03%
GD	C	1.57%	0.63%	0.63%
GOOGL	A	2.7%	1.08%	1.08%
HSY	F	2.23%	0.48%	0.48%
JNJ	F	3.48%	0.77%	0.77%
LMT	A	3.25%	1.04%	1.04%
MRK	C	3.57%	3.23%	3.23%
MSFT	A	10.19%	9.32%	9.32%
RSG	A	3.04%	0.57%	0.57%
UNH	D	2.85%	0.13%	0.13%
V	D	0.24%	2.16%	0.24%
VRSK	B	0.28%	0.76%	0.28%
WM	B	3.05%	0.89%	0.89%
WRB	B	1.48%	0.49%	0.49%

VSMV Overweight 49 Positions Relative to QLV

Symbol	Grade	Weight
WMT	B	3.97%
KMB	B	3.19%
AFL	B	2.56%
CVX	C	2.55%
NTAP	A	2.44%
CTSH	C	2.35%
CSCO	C	2.1%
FAST	D	2.08%
LDOS	B	1.74%
DECK	B	1.65%
EG	B	1.65%
TXT	D	1.53%
SNA	F	1.39%
AKAM	F	1.34%
KMI	A	1.33%
BMY	F	1.2%
KR	C	1.07%
MUSA	B	0.95%
ULTA	F	0.89%
UNM	C	0.76%
FOXA	B	0.75%
NYT	A	0.75%
SSNC	B	0.72%
SAIC	D	0.58%
CSX	C	0.34%
TXRH	B	0.32%
SKX	C	0.32%
COKE	A	0.29%
CAH	D	0.29%
OC	C	0.26%
CSL	C	0.26%
PRU	B	0.25%
EOG	C	0.24%
TROW	B	0.24%
CHRD	C	0.24%
HD	C	0.23%
NVR	C	0.23%
CI	D	0.23%
UFPI	D	0.23%
MA	D	0.23%
CMCSA	F	0.22%
BLD	D	0.22%
VLO	C	0.22%
CNM	D	0.22%
CNC	D	0.21%
MPC	C	0.21%
MAT	F	0.21%
TGT	D	0.2%
THO	D	0.19%

VSMV Underweight 93 Positions Relative to QLV

Symbol	Grade	Weight
NVDA	B	-4.76%
PG	C	-3.39%
LLY	A	-3.04%
AMZN	A	-2.39%
MCD	F	-1.85%
VZ	A	-1.64%
PEP	D	-1.64%
T	A	-1.29%
AVGO	B	-1.27%
IBM	B	-1.23%
VRTX	B	-1.17%
META	B	-1.1%
ABT	D	-1.03%
TMUS	A	-1.01%
GILD	C	-0.93%
TXN	B	-0.86%
DUK	D	-0.85%
GOOG	A	-0.84%
DLR	A	-0.84%
AMGN	B	-0.83%
CME	D	-0.81%
ADP	D	-0.81%
PSA	B	-0.8%
CHKP	A	-0.8%
ALL	C	-0.78%
TYL	A	-0.78%
AVY	C	-0.77%
PKG	B	-0.76%
GIS	D	-0.76%
ED	D	-0.74%
REGN	A	-0.74%
CHE	D	-0.73%
WEC	D	-0.72%
DOX	D	-0.72%
AFG	D	-0.71%
LSTR	B	-0.7%
AIZ	D	-0.7%
RGLD	C	-0.7%
QLYS	D	-0.7%
WDFC	D	-0.68%
CB	C	-0.67%
CHRW	B	-0.65%
NOC	D	-0.58%
WCN	A	-0.58%
AZO	C	-0.57%
TRV	D	-0.55%
EQIX	C	-0.54%
TSCO	C	-0.54%
RYAN	B	-0.54%
XEL	D	-0.53%
BAH	C	-0.53%
BRK.A	C	-0.52%
DTM	A	-0.52%
ATR	D	-0.52%
CINF	C	-0.51%
BMRN	C	-0.51%
AEP	D	-0.51%
ADC	B	-0.51%
SCI	C	-0.5%
AEE	D	-0.5%
NBIX	C	-0.5%
SFM	A	-0.5%
MKL	C	-0.5%
CMS	D	-0.49%
HII	D	-0.49%
CTRA	D	-0.49%
CPB	B	-0.48%
TTEK	C	-0.48%
FCN	C	-0.47%
SIGI	D	-0.47%
QGEN	D	-0.47%
SWX	D	-0.47%
PNW	C	-0.46%
CHK	D	-0.45%
FLO	D	-0.43%
HRL	F	-0.43%
CWAN	D	-0.35%
MCK	B	-0.35%
SR	C	-0.35%
TGNA	D	-0.33%
CRUS	A	-0.31%
DDS	D	-0.3%
SLGN	D	-0.29%
BMI	D	-0.24%
IDA	D	-0.22%
EA	B	-0.2%
JPM	A	-0.18%
ROP	A	-0.18%
LIN	C	-0.18%
PM	A	-0.17%
XOM	C	-0.08%
HELE	F	-0.08%
ALKS	C	-0.07%