XRLV vs. ULVM ETF Comparison

Comparison of PowerShares S&P 500 ex-Rate Sensitive Low Volatility Portfolio (XRLV) to VictoryShares USAA MSCI USA Value Momentum ETF (ULVM)

XRLV

PowerShares S&P 500 ex-Rate Sensitive Low Volatility Portfolio

XRLV Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P 500 Low Volatility Rate Response Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. The underlying index is designed to include stocks exhibiting low volatility characteristics, after removing stocks that historically have performed poorly in rising interest rate environments. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$56.04

Average Daily Volume

803

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

ULVM

VictoryShares USAA MSCI USA Value Momentum ETF

ULVM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the MSCI USA Select Value Momentum Blend Index. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its assets in securities in the index. The index is designed to deliver exposure to equity securities of large- and mid-capitalization U.S. issuers within the MSCI USA Index (the parent index) that have higher exposure to value and momentum factors, while also maintaining moderate index turnover and lower realized volatility than traditional capitalization-weighted indexes.

Grade (RS Rating)

Last Trade

$86.63

Average Daily Volume

2,586

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

Performance

Period	XRLV	ULVM
30 Days	2.47%	6.04%
60 Days	4.00%	7.87%
90 Days	6.43%	10.00%
12 Months	23.64%	37.10%

23 Overlapping Holdings

Symbol	Grade	Weight in XRLV	Weight in ULVM	Overlap
AIG	B	0.96%	0.91%	0.91%
AVB	B	0.92%	0.98%	0.92%
BK	A	1.16%	1.22%	1.16%
BRK.A	B	1.43%	1.38%	1.38%
DGX	A	0.92%	0.94%	0.92%
DOW	F	0.71%	0.8%	0.71%
DUK	C	0.96%	1.18%	0.96%
ELV	F	0.64%	0.69%	0.64%
ETR	B	1.11%	1.27%	1.11%
FI	A	1.3%	1.39%	1.3%
GD	F	0.93%	1.11%	0.93%
HIG	B	1.03%	1.0%	1.0%
JPM	A	1.12%	1.03%	1.03%
KMI	A	1.28%	1.47%	1.28%
L	A	1.24%	1.3%	1.24%
LMT	D	0.9%	1.19%	0.9%
LYB	F	0.76%	0.85%	0.76%
MCK	B	0.88%	0.96%	0.88%
PEG	A	0.99%	1.22%	0.99%
PKG	A	1.04%	1.16%	1.04%
REGN	F	0.66%	0.68%	0.66%
WELL	A	0.99%	1.22%	0.99%
WMT	A	1.19%	1.2%	1.19%

XRLV Overweight 77 Positions Relative to ULVM

Symbol	Grade	Weight
TMUS	B	1.45%
V	A	1.34%
AMP	A	1.26%
WMB	A	1.22%
RSG	A	1.21%
MA	C	1.19%
HON	B	1.18%
OKE	A	1.16%
MMC	B	1.14%
PG	A	1.13%
ITW	B	1.13%
MSI	B	1.13%
TJX	A	1.13%
ATO	A	1.12%
KO	D	1.12%
AME	A	1.11%
CSCO	B	1.11%
PM	B	1.08%
IEX	B	1.07%
ROP	B	1.06%
CME	A	1.06%
MCD	D	1.06%
MET	A	1.05%
CB	C	1.04%
PRU	A	1.04%
ADP	B	1.04%
LIN	D	1.04%
SRE	A	1.03%
CL	D	1.03%
HLT	A	1.02%
JNJ	D	1.01%
CTAS	B	1.0%
PPL	B	1.0%
YUM	B	0.99%
CHD	B	0.99%
PFG	D	0.99%
DRI	B	0.98%
COR	B	0.98%
PAYX	C	0.98%
WM	A	0.98%
MO	A	0.97%
NI	A	0.97%
BRO	B	0.97%
EA	A	0.97%
CSX	B	0.96%
AJG	B	0.95%
AFL	B	0.95%
UNP	C	0.94%
BR	A	0.94%
LNT	A	0.94%
WEC	A	0.93%
SO	D	0.93%
VRSN	F	0.93%
ABT	B	0.92%
AVY	D	0.92%
CMS	C	0.91%
MDT	D	0.91%
LH	C	0.91%
VRSK	A	0.9%
EVRG	A	0.9%
PEP	F	0.89%
OMC	C	0.89%
KMB	D	0.88%
ECL	D	0.88%
FE	C	0.87%
MDLZ	F	0.87%
PPG	F	0.87%
ED	D	0.87%
STZ	D	0.87%
JKHY	D	0.86%
HOLX	D	0.85%
SYY	B	0.84%
CBOE	B	0.83%
KDP	D	0.81%
BDX	F	0.8%
GIS	D	0.78%
ABBV	D	0.76%

XRLV Underweight 102 Positions Relative to ULVM

Symbol	Grade	Weight
TRGP	B	-1.28%
BSX	B	-1.2%
T	A	-1.09%
APP	B	-1.08%
LDOS	C	-1.07%
WAB	B	-1.03%
RTX	C	-1.02%
SSNC	B	-1.01%
GDDY	A	-1.0%
FOXA	B	-0.99%
GS	A	-0.96%
KR	B	-0.96%
COST	B	-0.95%
WFC	A	-0.94%
CTSH	B	-0.93%
COF	B	-0.92%
BAC	A	-0.92%
UAL	A	-0.91%
NWSA	B	-0.9%
EQH	B	-0.9%
VZ	C	-0.9%
VICI	C	-0.9%
AXP	A	-0.9%
DAL	C	-0.89%
MLM	B	-0.89%
TSN	B	-0.88%
ESS	B	-0.87%
CI	F	-0.87%
EXC	C	-0.86%
IBM	C	-0.86%
SPG	B	-0.86%
KIM	A	-0.85%
RGA	A	-0.85%
MSTR	C	-0.84%
GRMN	B	-0.82%
SYF	B	-0.82%
C	A	-0.82%
WY	D	-0.82%
IR	B	-0.81%
STLD	B	-0.81%
EME	C	-0.81%
APH	A	-0.8%
KHC	F	-0.8%
IRM	D	-0.78%
FITB	A	-0.76%
CBRE	B	-0.76%
NVR	D	-0.75%
IP	B	-0.75%
TFC	A	-0.74%
TXT	D	-0.74%
GOOGL	C	-0.74%
VTRS	A	-0.73%
CSL	C	-0.73%
FCNCA	A	-0.72%
CASY	A	-0.72%
KKR	A	-0.72%
GM	B	-0.72%
PSX	C	-0.71%
OC	A	-0.71%
FANG	D	-0.69%
DD	D	-0.67%
CRBG	B	-0.67%
VST	B	-0.67%
HCA	F	-0.67%
CFG	B	-0.66%
GE	D	-0.66%
HWM	A	-0.66%
PFE	D	-0.65%
UTHR	C	-0.64%
VLO	C	-0.62%
KEY	B	-0.62%
HPQ	B	-0.6%
FDX	B	-0.59%
NTAP	C	-0.59%
CVS	D	-0.58%
HPE	B	-0.58%
PHM	D	-0.58%
MPC	D	-0.58%
VRT	B	-0.56%
URI	B	-0.55%
ARE	D	-0.55%
CNC	D	-0.54%
LEN	D	-0.54%
TOL	B	-0.53%
THC	D	-0.52%
WSM	B	-0.52%
META	D	-0.51%
LLY	F	-0.49%
ALLY	C	-0.48%
DHI	D	-0.47%
F	C	-0.46%
WDC	D	-0.46%
ADM	D	-0.44%
NVDA	C	-0.42%
AVGO	D	-0.41%
MU	D	-0.4%
BLDR	D	-0.4%
INTC	D	-0.39%
CVNA	B	-0.38%
SWKS	F	-0.38%
DELL	C	-0.34%
MRNA	F	-0.14%