XSLV vs. USVM ETF Comparison

Comparison of PowerShares S&P SmallCap Low Volatility Portfolio (XSLV) to VictoryShares USAA MSCI USA Small Cap Value Momentum ETF (USVM)

XSLV

PowerShares S&P SmallCap Low Volatility Portfolio

XSLV Description

The PowerShares S&P SmallCap Low Volatility Portfolio (Fund) is based on the S&P SmallCap 600 Low Volatility Index (Index). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's, consisting of 120 out of 600 small-capitalization range securities from the S&P SmallCap 600 Index with the lowest realized volatility over the past 12 months. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$43.20

Average Daily Volume

22,901

Number of Holdings ^*

116

* may have additional holdings in another (foreign) market

USVM

VictoryShares USAA MSCI USA Small Cap Value Momentum ETF

USVM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the MSCI USA Small Cap 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 small-capitalization U.S. issuers within the MSCI USA Small Cap 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

$76.98

Average Daily Volume

6,687

Number of Holdings ^*

281

* may have additional holdings in another (foreign) market

Performance

Period	XSLV	USVM
30 Days	0.50%	-1.60%
60 Days	0.24%	0.02%
90 Days	1.37%	6.09%
12 Months	11.99%	25.95%

21 Overlapping Holdings

Symbol	Grade	Weight in XSLV	Weight in USVM	Overlap
AGO	D	0.83%	0.41%	0.41%
AKR	B	0.77%	0.45%	0.45%
COOP	B	0.89%	0.49%	0.49%
CRC	D	0.76%	0.38%	0.38%
CRVL	C	0.82%	0.38%	0.38%
ENSG	D	1.01%	0.48%	0.48%
FSS	B	0.84%	0.47%	0.47%
IDCC	B	0.79%	0.4%	0.4%
INVA	A	0.82%	0.5%	0.5%
MOG.A	A	0.78%	0.42%	0.42%
NAVI	F	0.79%	0.4%	0.4%
NMIH	A	0.88%	0.52%	0.52%
NSIT	D	0.83%	0.49%	0.49%
PBH	B	1.1%	0.5%	0.5%
PINC	C	0.71%	0.43%	0.43%
RDN	B	0.99%	0.55%	0.55%
RUSHA	F	0.78%	0.37%	0.37%
SKT	C	0.86%	0.44%	0.44%
UE	A	0.75%	0.42%	0.42%
UVV	B	0.86%	0.47%	0.47%
YELP	B	0.65%	0.35%	0.35%

XSLV Overweight 95 Positions Relative to USVM

Symbol	Grade	Weight
CTRE	A	1.17%
LTC	A	1.09%
AMSF	F	1.09%
FCPT	B	1.07%
EIG	D	1.04%
VRRM	A	1.03%
GTY	B	1.03%
EPRT	A	1.02%
NWN	A	1.02%
AVA	A	1.0%
MCS	F	0.97%
SAFT	A	0.97%
CSR	A	0.97%
CPK	A	0.97%
JJSF	F	0.97%
FELE	D	0.96%
BMI	A	0.96%
NPK	A	0.95%
UTL	A	0.95%
AWI	D	0.94%
EZPW	B	0.93%
AZZ	B	0.93%
IOSP	C	0.92%
KFY	C	0.92%
PECO	D	0.92%
MCRI	D	0.91%
HMN	A	0.91%
TR	F	0.91%
AWR	C	0.9%
BRC	B	0.9%
CHCT	F	0.89%
TNC	B	0.88%
SJW	D	0.87%
CWT	A	0.87%
ALEX	B	0.87%
SXT	A	0.87%
CHCO	A	0.87%
BCPC	C	0.87%
EFC	B	0.87%
PLXS	A	0.86%
LXP	D	0.86%
STRA	A	0.86%
APOG	A	0.85%
RGR	B	0.85%
PSMT	A	0.84%
APLE	F	0.83%
AIR	A	0.83%
ESE	A	0.83%
BHE	A	0.83%
NHC	B	0.82%
CSGS	F	0.82%
FUL	C	0.82%
PRGS	F	0.82%
SXI	B	0.82%
UNF	F	0.81%
EPC	A	0.81%
MSGS	B	0.8%
AIN	F	0.8%
EVTC	F	0.8%
SHO	D	0.79%
XHR	D	0.79%
PIPR	A	0.78%
FDP	A	0.78%
SITC	C	0.78%
JBSS	C	0.78%
PJT	B	0.78%
BFS	B	0.77%
OSIS	B	0.77%
CENTA	C	0.76%
CTS	A	0.75%
FIZZ	D	0.75%
HSTM	B	0.75%
UHT	C	0.75%
APAM	C	0.74%
DEA	B	0.73%
DRH	D	0.73%
AHH	B	0.73%
SHOO	C	0.72%
WSR	B	0.71%
RGP	D	0.71%
AMBC	C	0.71%
CNXN	F	0.71%
ROG	D	0.7%
MRTN	D	0.7%
ROIC	D	0.7%
SCL	C	0.69%
SMPL	A	0.69%
HUBG	B	0.68%
SMP	D	0.68%
NWBI	D	0.68%
MSEX	D	0.68%
THS	D	0.66%
VIAV	D	0.65%
CLDT	F	0.64%
HTLD	D	0.63%

XSLV Underweight 260 Positions Relative to USVM

Symbol	Grade	Weight
GBDC	A	-0.87%
EHC	A	-0.66%
NRG	A	-0.66%
CACI	A	-0.64%
RGA	A	-0.62%
ORI	A	-0.61%
SNX	B	-0.61%
MTG	B	-0.6%
AL	A	-0.57%
FFIV	F	-0.57%
ESNT	C	-0.57%
PNW	A	-0.56%
TAP	F	-0.56%
EPR	C	-0.54%
GHC	B	-0.53%
CHRD	B	-0.52%
JEF	A	-0.52%
MUSA	B	-0.52%
ARW	B	-0.52%
CNM	A	-0.51%
AVT	B	-0.51%
ALE	A	-0.51%
PRI	C	-0.5%
UNM	A	-0.5%
CNO	A	-0.49%
CNX	B	-0.49%
AGM	A	-0.48%
R	A	-0.48%
UHS	C	-0.48%
APG	D	-0.48%
CLH	A	-0.48%
CVLT	A	-0.48%
HSIC	F	-0.48%
CSWI	A	-0.47%
BECN	A	-0.47%
CHK	B	-0.47%
ESGR	B	-0.47%
SBRA	B	-0.47%
GEF	D	-0.47%
UTHR	A	-0.47%
EME	A	-0.47%
VSH	B	-0.46%
CHE	F	-0.46%
PSN	D	-0.46%
SPB	B	-0.45%
TW	B	-0.45%
ESAB	B	-0.44%
VNT	D	-0.44%
EXP	B	-0.44%
TGNA	C	-0.44%
IP	C	-0.44%
MLI	A	-0.44%
HRB	B	-0.43%
SFM	A	-0.43%
EXEL	B	-0.43%
SAIC	C	-0.43%
PRIM	A	-0.43%
AIZ	D	-0.43%
DFIN	B	-0.42%
NEU	D	-0.42%
BRBR	C	-0.42%
DLB	D	-0.42%
JXN	A	-0.41%
RLJ	D	-0.41%
CACC	F	-0.41%
GMS	B	-0.41%
BPOP	A	-0.4%
PRGO	A	-0.4%
LRN	A	-0.4%
OMF	A	-0.4%
AYI	D	-0.4%
WIRE	B	-0.4%
LEVI	A	-0.4%
HNI	B	-0.39%
SKX	A	-0.39%
DINO	F	-0.39%
GEO	A	-0.39%
AROC	A	-0.39%
GPOR	B	-0.39%
MATX	B	-0.38%
GPI	A	-0.38%
BERY	D	-0.38%
PAG	D	-0.38%
ALSN	D	-0.38%
CMC	B	-0.37%
CALM	C	-0.37%
PBF	B	-0.37%
PR	B	-0.37%
STC	A	-0.37%
SNDR	F	-0.37%
WING	A	-0.37%
RDNT	A	-0.37%
ITGR	B	-0.36%
AN	A	-0.36%
UFPI	C	-0.36%
SM	B	-0.36%
ENOV	F	-0.36%
ANDE	B	-0.36%
ASB	A	-0.36%
COKE	B	-0.36%
CXW	B	-0.36%
WSM	A	-0.36%
CIVI	D	-0.36%
TOL	B	-0.35%
BCC	D	-0.35%
GNW	B	-0.35%
INSW	A	-0.35%
BHF	B	-0.35%
GWRE	C	-0.35%
HCC	B	-0.35%
BGC	A	-0.35%
QLYS	D	-0.35%
HQY	D	-0.34%
SKYW	A	-0.34%
PFSI	B	-0.34%
ARI	F	-0.34%
SEM	B	-0.34%
PATK	C	-0.33%
GFF	C	-0.33%
DVAX	D	-0.33%
TPH	A	-0.33%
COLL	B	-0.33%
ABG	F	-0.33%
ROAD	D	-0.33%
TMHC	D	-0.33%
IIPR	A	-0.32%
ALLY	B	-0.32%
VECO	B	-0.32%
ODP	D	-0.32%
LPX	C	-0.32%
KLG	A	-0.32%
MHK	C	-0.32%
MOS	F	-0.32%
BIO	D	-0.32%
BTU	F	-0.32%
WGO	F	-0.32%
TTMI	A	-0.32%
RL	D	-0.32%
SKWD	C	-0.32%
CWEN	B	-0.32%
FIX	B	-0.31%
SSD	C	-0.31%
ARCH	D	-0.31%
DDS	B	-0.31%
DBX	F	-0.31%
IVZ	F	-0.31%
KBH	C	-0.31%
KNX	F	-0.31%
DVA	A	-0.31%
SAH	A	-0.31%
THC	A	-0.31%
MTH	A	-0.31%
AEO	B	-0.3%
NTCT	D	-0.3%
BLD	C	-0.3%
CRK	C	-0.3%
LNC	D	-0.3%
ESRT	C	-0.29%
TEX	D	-0.29%
HURN	F	-0.29%
PRG	B	-0.29%
VRNS	D	-0.29%
ZD	D	-0.29%
WOR	C	-0.29%
PK	D	-0.29%
PVH	D	-0.28%
MEDP	D	-0.28%
LPG	A	-0.28%
MHO	C	-0.28%
PLUS	D	-0.28%
URBN	C	-0.28%
AMWD	C	-0.28%
THO	F	-0.28%
FORM	A	-0.27%
SIG	B	-0.27%
AMKR	B	-0.27%
CCS	C	-0.27%
GRBK	C	-0.27%
GES	A	-0.27%
ATGE	B	-0.27%
IAC	B	-0.27%
MOD	A	-0.26%
CEIX	F	-0.26%
GKOS	A	-0.26%
ALPN	A	-0.26%
NXST	B	-0.26%
UFPT	A	-0.26%
JBGS	F	-0.25%
INFA	D	-0.25%
LAD	F	-0.25%
OGN	A	-0.25%
SLVM	A	-0.25%
ATSG	D	-0.25%
RYI	F	-0.25%
MAC	D	-0.25%
GT	D	-0.25%
APPF	B	-0.24%
ANF	B	-0.24%
M	C	-0.24%
UEC	A	-0.24%
SCS	C	-0.24%
FTRE	C	-0.24%
VCEL	B	-0.24%
ONTO	B	-0.24%
PGRE	B	-0.24%
CLF	F	-0.24%
XPO	D	-0.23%
PCVX	C	-0.23%
GPS	C	-0.23%
IDYA	C	-0.23%
PARA	B	-0.23%
SANM	B	-0.23%
PLAB	B	-0.22%
APP	A	-0.22%
RAMP	D	-0.22%
KRC	C	-0.22%
PHIN	A	-0.22%
ARCB	F	-0.22%
RMBS	F	-0.21%
ELAN	C	-0.21%
STRL	D	-0.21%
GIII	C	-0.21%
DXC	F	-0.21%
OMI	D	-0.21%
XRX	F	-0.21%
ALGT	F	-0.21%
AMPH	D	-0.2%
AMR	D	-0.2%
CUBI	D	-0.2%
CAR	D	-0.2%
UAA	F	-0.2%
AZTA	D	-0.2%
ELF	D	-0.19%
RXST	A	-0.19%
MLKN	C	-0.19%
VNO	D	-0.19%
KSS	C	-0.18%
MSGE	A	-0.18%
SLG	A	-0.18%
BZH	F	-0.17%
FYBR	B	-0.16%
DFH	D	-0.16%
ACLX	C	-0.16%
MPW	B	-0.16%
HPP	F	-0.15%
USM	B	-0.15%
NUVL	C	-0.15%
TDS	B	-0.14%
RYTM	C	-0.14%
VKTX	B	-0.13%
HTZ	F	-0.12%
VERA	B	-0.12%
FL	F	-0.12%
IMVT	D	-0.11%
VIR	F	-0.11%
POWL	B	-0.11%
HE	F	-0.11%
ARDX	D	-0.1%
NYCB	F	-0.1%
IRON	F	-0.09%