VSMV vs. QTEC ETF Comparison

Comparison of VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) to First Trust NASDAQ-100- Technology Index Fund (QTEC)

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

$44.70

Average Daily Volume

5,387

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QTEC

First Trust NASDAQ-100- Technology Index Fund

QTEC Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ-100 Technology Sector Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is an equal-weighted index based on the securities of the NASDAQ-100 Index(R) that are classified as "technology" according to the Industry Classification Benchmark classification system. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$191.46

Average Daily Volume

105,288

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VSMV	QTEC
30 Days	1.90%	0.54%
60 Days	0.22%	0.69%
90 Days	2.44%	-1.29%
12 Months	14.49%	47.56%

4 Overlapping Holdings

Symbol	Grade	Weight in VSMV	Weight in QTEC	Overlap
AAPL	B	8.77%	2.67%	2.67%
CTSH	D	2.38%	2.27%	2.27%
GOOGL	B	2.66%	1.51%	1.51%
MSFT	C	9.68%	2.48%	2.48%

VSMV Overweight 62 Positions Relative to QTEC

Symbol	Grade	Weight
JNJ	D	3.66%
MRK	C	3.65%
WMT	D	3.63%
ABBV	D	3.37%
LMT	B	3.35%
KMB	C	3.23%
WM	B	3.17%
RSG	D	3.06%
UNH	B	3.01%
CVX	B	2.72%
HSY	C	2.52%
AFL	A	2.47%
FAST	D	2.28%
CSCO	D	2.21%
NTAP	B	2.09%
LDOS	A	1.76%
EG	B	1.67%
TXT	D	1.58%
GD	B	1.57%
AKAM	F	1.56%
WRB	D	1.49%
DECK	C	1.46%
SNA	D	1.46%
BMY	F	1.34%
KMI	A	1.3%
KR	D	1.22%
ULTA	F	0.97%
UNM	B	0.81%
MUSA	C	0.8%
SSNC	B	0.74%
FOXA	B	0.73%
NYT	B	0.7%
SAIC	B	0.68%
CSX	D	0.36%
TXRH	B	0.32%
SKX	A	0.3%
CAH	F	0.29%
CNM	B	0.27%
CHRD	B	0.27%
OC	A	0.27%
VRSK	B	0.26%
COKE	B	0.26%
CSL	A	0.26%
EOG	C	0.26%
CNC	B	0.25%
PRU	A	0.25%
V	C	0.25%
TROW	D	0.24%
VLO	D	0.24%
MA	D	0.24%
NVR	D	0.24%
MAT	D	0.24%
CI	D	0.24%
EXPD	D	0.24%
UFPI	B	0.24%
TGT	D	0.23%
CMCSA	D	0.23%
HD	D	0.23%
CLX	F	0.23%
MPC	D	0.23%
BLD	C	0.23%
THO	D	0.22%

VSMV Underweight 37 Positions Relative to QTEC

Symbol	Grade	Weight
MU	B	-3.22%
PDD	B	-2.83%
NXPI	A	-2.76%
QCOM	A	-2.72%
PANW	C	-2.71%
AVGO	C	-2.7%
TXN	A	-2.69%
KLAC	A	-2.64%
ADI	A	-2.64%
AMAT	B	-2.63%
MCHP	B	-2.62%
NVDA	B	-2.59%
MRVL	D	-2.57%
INTU	C	-2.55%
GFS	C	-2.54%
LRCX	D	-2.53%
SNPS	C	-2.52%
ANSS	D	-2.51%
ADBE	F	-2.5%
MDB	F	-2.5%
CRWD	B	-2.5%
META	D	-2.46%
DDOG	D	-2.45%
ASML	D	-2.44%
ROP	D	-2.4%
CDNS	D	-2.39%
ON	D	-2.38%
WDAY	F	-2.34%
TEAM	F	-2.31%
CDW	D	-2.26%
FTNT	F	-2.25%
ZS	F	-2.22%
DASH	D	-2.18%
ADSK	F	-2.12%
AMD	D	-2.03%
INTC	F	-1.77%
GOOG	B	-1.52%