VSMV vs. WBIF ETF Comparison

Comparison of VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) to WBI Large Cap Tactical Value Shares (WBIF)

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

WBIF

WBI Large Cap Tactical Value Shares

WBIF Description

The investment seeks long-term capital appreciation and the potential for current income, while also seeking to protect principal during unfavorable market conditions. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the equity securities of large capitalization domestic and foreign companies which WBI Investments, Inc., the sub-advisor to the fund and an affiliate of Millington Securities Inc., the advisor, believes display an attractive discount in a company's intrinsic value relative to its market price, and up to 20% of its net assets in other tactical investment opportunities.

Grade (RS Rating)

Last Trade

$30.24

Average Daily Volume

1,622

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VSMV	WBIF
30 Days	3.22%	3.91%
60 Days	4.01%	3.66%
90 Days	4.52%	4.44%
12 Months	23.25%	13.34%

7 Overlapping Holdings

Symbol	Grade	Weight in VSMV	Weight in WBIF	Overlap
ACN	C	0.25%	3.98%	0.25%
ADP	B	2.91%	1.53%	1.53%
ALSN	B	0.3%	0.67%	0.3%
CI	F	2.51%	4.26%	2.51%
MCK	B	2.64%	3.93%	2.64%
PAYX	C	0.83%	1.39%	0.83%
PHM	D	0.22%	2.6%	0.22%

VSMV Overweight 61 Positions Relative to WBIF

Symbol	Grade	Weight
AAPL	C	9.39%
MSFT	F	8.89%
WMT	A	3.81%
XOM	B	3.55%
JNJ	D	3.43%
COR	B	3.24%
RSG	A	3.09%
LMT	D	3.01%
WM	A	3.0%
PG	A	2.92%
AFL	B	2.87%
CAH	B	2.74%
CTSH	B	2.59%
COST	B	2.58%
ALL	A	2.55%
MRK	F	2.46%
LDOS	C	2.38%
HPE	B	2.26%
ABBV	D	2.15%
NTAP	C	2.02%
EOG	A	1.95%
GOOGL	C	1.88%
KMI	A	1.73%
CINF	A	1.33%
WMB	A	1.24%
FFIV	B	1.06%
MUSA	A	0.86%
CCK	C	0.84%
NYT	C	0.69%
ATR	B	0.54%
GD	F	0.48%
DVA	B	0.48%
ANF	C	0.4%
PKG	A	0.39%
SPG	B	0.39%
CMCSA	B	0.38%
CSX	B	0.32%
SNA	A	0.3%
CPAY	A	0.29%
TJX	A	0.28%
GILD	C	0.27%
WSO	A	0.27%
MSI	B	0.27%
PYPL	B	0.27%
STLD	B	0.27%
BMY	B	0.27%
KMB	D	0.26%
NUE	C	0.25%
THC	D	0.24%
BERY	B	0.24%
CAT	B	0.24%
CHRD	D	0.24%
AM	A	0.24%
LSTR	D	0.24%
MMM	D	0.23%
LEA	D	0.22%
HCA	F	0.21%
KO	D	0.21%
CL	D	0.21%
BBY	D	0.21%
GIS	D	0.21%

VSMV Underweight 36 Positions Relative to WBIF

Symbol	Grade	Weight
WRB	A	-4.74%
UHS	D	-4.68%
FIX	A	-4.58%
KBH	D	-4.54%
NXST	C	-4.43%
V	A	-4.26%
DKS	C	-4.24%
PRU	A	-4.14%
UNM	A	-3.93%
AMAT	F	-3.55%
RGA	A	-3.26%
VOYA	B	-3.26%
OXY	D	-2.81%
MMC	B	-2.12%
CF	B	-1.86%
AXP	A	-1.53%
AME	A	-1.46%
G	B	-1.44%
PRI	A	-1.42%
BR	A	-1.36%
TXRH	C	-1.33%
CASY	A	-1.28%
RMD	C	-1.23%
FLTR	A	-0.76%
FALN	B	-0.75%
AGZD	A	-0.75%
FTSL	B	-0.69%
THG	A	-0.59%
DCI	B	-0.56%
GL	B	-0.55%
STIP	C	-0.54%
TOL	B	-0.54%
ALLE	D	-0.53%
CBT	C	-0.53%
DOX	D	-0.52%
BKLN	A	-0.32%