VSMV vs. SPUS ETF Comparison

Comparison of VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) to SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS)

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

$50.08

Average Daily Volume

11,492

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SPUS

SP Funds S&P 500 Sharia Industry Exclusions ETF

SPUS Description

The investment seeks to track the performance, before fees and expenses, of the S&P 500 Shariah Industry Exclusions Index. The index is composed of the constituents of the S&P 500® Shariah Index other than those from the following sub-industries: Aerospace & Defense, Financial Exchanges & Data, and Data Processing & Outsourced Services. The manager attempts to invest all, or substantially all, of its assets in the component securities that make up the index. Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$42.50

Average Daily Volume

187,591

Number of Holdings ^*

223

* may have additional holdings in another (foreign) market

Performance

Period	VSMV	SPUS
30 Days	3.22%	1.91%
60 Days	4.01%	2.94%
90 Days	4.52%	3.81%
12 Months	23.25%	29.89%

31 Overlapping Holdings

Symbol	Grade	Weight in VSMV	Weight in SPUS	Overlap
AAPL	C	9.53%	11.07%	9.53%
ABBV	D	2.17%	0.94%	0.94%
ACN	C	0.25%	0.71%	0.25%
BBY	D	0.2%	0.05%	0.05%
CAH	B	2.7%	0.09%	0.09%
CL	D	0.22%	0.24%	0.22%
COR	B	3.18%	0.14%	0.14%
CSX	B	0.31%	0.21%	0.21%
CTSH	B	2.48%	0.12%	0.12%
EOG	A	1.96%	0.25%	0.25%
FFIV	B	1.05%	0.04%	0.04%
GILD	C	0.26%	0.35%	0.26%
GIS	D	0.21%	0.11%	0.11%
GOOGL	C	1.77%	3.28%	1.77%
JNJ	D	3.48%	1.17%	1.17%
KMB	D	0.27%	0.15%	0.15%
MCK	B	2.65%	0.26%	0.26%
MMM	D	0.23%	0.22%	0.22%
MRK	F	2.5%	0.79%	0.79%
MSFT	F	8.63%	9.82%	8.63%
MSI	B	0.27%	0.26%	0.26%
NTAP	C	2.13%	0.08%	0.08%
NUE	C	0.24%	0.11%	0.11%
PG	A	3.03%	1.28%	1.28%
PHM	D	0.22%	0.08%	0.08%
PKG	A	0.4%	0.07%	0.07%
RSG	A	3.08%	0.14%	0.14%
STLD	B	0.28%	0.07%	0.07%
TJX	A	0.28%	0.43%	0.28%
WM	A	2.94%	0.25%	0.25%
XOM	B	3.57%	1.7%	1.7%

VSMV Overweight 37 Positions Relative to SPUS

Symbol	Grade	Weight
WMT	A	3.94%
LMT	D	2.92%
AFL	B	2.9%
ADP	B	2.88%
COST	B	2.64%
ALL	A	2.63%
CI	F	2.5%
HPE	B	2.25%
LDOS	C	2.01%
KMI	A	1.84%
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%
SPG	B	0.4%
ANF	C	0.4%
CMCSA	B	0.38%
ALSN	B	0.3%
SNA	A	0.3%
CPAY	A	0.29%
WSO	A	0.27%
BMY	B	0.27%
PYPL	B	0.26%
CHRD	D	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%
LEA	D	0.21%
HCA	F	0.2%

VSMV Underweight 192 Positions Relative to SPUS

Symbol	Grade	Weight
NVDA	C	-11.41%
AMZN	C	-6.03%
META	D	-3.93%
TSLA	B	-3.02%
GOOG	C	-2.71%
AVGO	D	-2.42%
LLY	F	-1.89%
HD	A	-1.26%
CRM	B	-1.0%
CSCO	B	-0.74%
AMD	F	-0.71%
ADBE	C	-0.7%
LIN	D	-0.69%
PEP	F	-0.69%
NOW	A	-0.67%
ABT	B	-0.64%
TMO	F	-0.62%
ISRG	A	-0.61%
TXN	C	-0.58%
QCOM	F	-0.55%
BKNG	A	-0.53%
DHR	F	-0.48%
LOW	D	-0.48%
HON	B	-0.47%
ETN	A	-0.46%
UBER	D	-0.46%
AMAT	F	-0.45%
UNP	C	-0.45%
COP	C	-0.42%
SYK	C	-0.42%
BSX	B	-0.42%
PANW	C	-0.4%
MU	D	-0.35%
PLD	D	-0.34%
MDT	D	-0.34%
ADI	D	-0.33%
UPS	C	-0.31%
ANET	C	-0.31%
TT	A	-0.3%
LRCX	F	-0.29%
EQIX	A	-0.28%
NKE	D	-0.28%
PH	A	-0.28%
APH	A	-0.27%
MDLZ	F	-0.27%
SHW	A	-0.27%
KLAC	D	-0.26%
SNPS	B	-0.26%
CDNS	B	-0.26%
REGN	F	-0.25%
EMR	A	-0.24%
CTAS	B	-0.24%
ITW	B	-0.23%
APD	A	-0.23%
CEG	D	-0.23%
ORLY	B	-0.22%
ADSK	A	-0.21%
SLB	C	-0.2%
FCX	D	-0.2%
BDX	F	-0.2%
NSC	B	-0.19%
FTNT	C	-0.19%
ROP	B	-0.19%
ECL	D	-0.19%
JCI	C	-0.18%
NXPI	D	-0.18%
TGT	F	-0.18%
FICO	B	-0.18%
AZO	C	-0.17%
GWW	B	-0.17%
PWR	A	-0.16%
NEM	D	-0.16%
CMI	A	-0.16%
ROST	C	-0.15%
FAST	B	-0.15%
DHI	D	-0.15%
CPRT	A	-0.15%
BKR	B	-0.14%
AME	A	-0.14%
VLO	C	-0.14%
KVUE	A	-0.14%
IT	C	-0.13%
OTIS	C	-0.13%
ODFL	B	-0.13%
CTVA	C	-0.13%
HES	B	-0.13%
IR	B	-0.13%
EW	C	-0.13%
GLW	B	-0.12%
VMC	B	-0.12%
A	D	-0.12%
MNST	C	-0.12%
GEHC	F	-0.12%
WAB	B	-0.11%
DD	D	-0.11%
IDXX	F	-0.11%
MCHP	D	-0.11%
LULU	C	-0.11%
RMD	C	-0.11%
MLM	B	-0.11%
HPQ	B	-0.11%
KDP	D	-0.11%
ANSS	B	-0.1%
DXCM	D	-0.1%
EFX	F	-0.1%
GRMN	B	-0.1%
ROK	B	-0.1%
AVB	B	-0.1%
DECK	A	-0.09%
DOV	A	-0.09%
MPWR	F	-0.09%
CHD	B	-0.09%
HAL	C	-0.09%
PPG	F	-0.09%
ON	D	-0.09%
KEYS	A	-0.09%
TSCO	D	-0.09%
EBAY	D	-0.09%
XYL	D	-0.09%
HUBB	B	-0.08%
DVN	F	-0.08%
MTD	D	-0.08%
EQR	B	-0.08%
ADM	D	-0.08%
TYL	B	-0.08%
HSY	F	-0.08%
VLTO	D	-0.08%
FTV	C	-0.08%
CLX	B	-0.07%
STE	F	-0.07%
WAT	B	-0.07%
K	A	-0.07%
ZBH	C	-0.07%
WY	D	-0.07%
WST	C	-0.07%
PTC	A	-0.07%
BIIB	F	-0.07%
CDW	F	-0.07%
HOLX	D	-0.06%
MAA	B	-0.06%
PODD	C	-0.06%
MKC	D	-0.06%
FSLR	F	-0.06%
ZBRA	B	-0.06%
CTRA	B	-0.06%
LH	C	-0.06%
BLDR	D	-0.06%
JBL	B	-0.05%
JBHT	C	-0.05%
EL	F	-0.05%
VRSN	F	-0.05%
ALGN	D	-0.05%
AVY	D	-0.05%
CF	B	-0.05%
ULTA	F	-0.05%
J	F	-0.05%
EXPD	D	-0.05%
MAS	D	-0.05%
GPC	D	-0.05%
IEX	B	-0.05%
TER	D	-0.05%
TRMB	B	-0.05%
PNR	A	-0.05%
MOH	F	-0.05%
INCY	C	-0.04%
JNPR	F	-0.04%
ALLE	D	-0.04%
CHRW	C	-0.04%
CPT	B	-0.04%
ALB	C	-0.04%
SMCI	F	-0.04%
SWKS	F	-0.04%
AKAM	D	-0.04%
EPAM	C	-0.04%
NDSN	B	-0.04%
POOL	C	-0.04%
ROL	B	-0.04%
APTV	D	-0.04%
RL	B	-0.03%
MOS	F	-0.03%
ENPH	F	-0.03%
AOS	F	-0.03%
TFX	F	-0.03%
HSIC	B	-0.03%
CRL	C	-0.03%
LKQ	D	-0.03%
PAYC	B	-0.03%
TECH	D	-0.03%
GNRC	B	-0.03%
LW	C	-0.03%
QRVO	F	-0.02%
MHK	D	-0.02%