DVAL vs. ULVM ETF Comparison

Comparison of Dynamic US Large Cap Value ETF (DVAL) to VictoryShares USAA MSCI USA Value Momentum ETF (ULVM)

DVAL

Dynamic US Large Cap Value ETF

DVAL Description

Dynamic US Large Cap Value ETF is an exchange traded fund launched by Franklin Resources, Inc. It is managed by Franklin Advisers, Inc. and Brandywine Global Investment Management, LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. It invests in value stocks of large-cap companies, within the market capitalization range of the Russell 1000 Index. The fund employs quantitative analysis to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the Russell 1000 Value Index and the S&P 500 Index. It employs proprietary research to create its portfolio. Dynamic US Large Cap Value ETF was formed on December 27, 2006 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$14.92

Average Daily Volume

7,020

Number of Holdings ^*

110

* 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	DVAL	ULVM
30 Days	4.63%	6.04%
60 Days	5.94%	7.87%
90 Days	7.93%	10.00%
12 Months	28.10%	37.10%

26 Overlapping Holdings

Symbol	Grade	Weight in DVAL	Weight in ULVM	Overlap
AXP	A	1.5%	0.9%	0.9%
BLDR	D	1.86%	0.4%	0.4%
CRBG	B	0.74%	0.67%	0.67%
CSL	C	1.06%	0.73%	0.73%
EQH	B	0.6%	0.9%	0.6%
FANG	D	0.15%	0.69%	0.15%
FOXA	B	0.51%	0.99%	0.51%
GM	B	3.32%	0.72%	0.72%
IBM	C	4.21%	0.86%	0.86%
KHC	F	0.98%	0.8%	0.8%
LMT	D	4.4%	1.19%	1.19%
LYB	F	1.44%	0.85%	0.85%
MLM	B	0.66%	0.89%	0.66%
MPC	D	2.74%	0.58%	0.58%
NVR	D	0.64%	0.75%	0.64%
OC	A	0.9%	0.71%	0.71%
PHM	D	1.05%	0.58%	0.58%
PSX	C	0.71%	0.71%	0.71%
STLD	B	1.41%	0.81%	0.81%
TOL	B	0.31%	0.53%	0.31%
TRGP	B	0.37%	1.28%	0.37%
TXT	D	0.5%	0.74%	0.5%
VLO	C	1.26%	0.62%	0.62%
VZ	C	0.43%	0.9%	0.43%
WFC	A	0.71%	0.94%	0.71%
WMT	A	1.37%	1.2%	1.2%

DVAL Overweight 84 Positions Relative to ULVM

Symbol	Grade	Weight
CMCSA	B	4.34%
DE	A	3.88%
TMUS	B	3.65%
HON	B	3.53%
CSCO	B	3.43%
CAT	B	3.17%
COP	C	3.1%
PYPL	B	2.36%
CVX	A	2.2%
JNJ	D	1.56%
MMM	D	1.33%
WMB	A	1.32%
PCAR	B	1.2%
NUE	C	1.15%
EXPD	D	1.04%
RS	B	0.97%
PG	A	0.96%
GIS	D	0.95%
SCI	B	0.93%
JBL	B	0.89%
CF	B	0.83%
EBAY	D	0.78%
NRG	B	0.77%
MGM	D	0.76%
BG	F	0.7%
BMY	B	0.68%
DRI	B	0.67%
EXPE	B	0.66%
ORI	A	0.65%
IPG	D	0.65%
MRO	B	0.64%
AMGN	D	0.63%
AN	C	0.62%
CPAY	A	0.6%
AFG	A	0.58%
EOG	A	0.53%
BERY	B	0.52%
DIS	B	0.52%
WH	B	0.49%
EVR	B	0.48%
ARMK	B	0.47%
OMF	A	0.45%
SYY	B	0.45%
MTG	C	0.45%
NXST	C	0.42%
TRMB	B	0.41%
AMG	B	0.4%
FLEX	A	0.4%
MRK	F	0.35%
BC	C	0.35%
RL	B	0.33%
KBH	D	0.33%
DVA	B	0.31%
SAIC	F	0.31%
MUSA	A	0.29%
R	B	0.28%
DKS	C	0.27%
BCC	B	0.26%
RHI	B	0.26%
AM	A	0.25%
EMN	D	0.23%
AOS	F	0.23%
COKE	C	0.22%
EXP	A	0.22%
BLD	D	0.2%
PVH	C	0.19%
H	B	0.18%
SNX	C	0.18%
INGR	B	0.17%
CBT	C	0.17%
CNM	D	0.17%
MDU	D	0.14%
NEU	C	0.14%
FMC	D	0.13%
WEX	D	0.13%
BYD	C	0.13%
CHX	C	0.1%
GPK	C	0.1%
TPR	B	0.09%
RDN	C	0.08%
OMC	C	0.05%
WSC	D	0.04%
VOYA	B	0.04%
WCC	B	0.0%

DVAL Underweight 99 Positions Relative to ULVM

Symbol	Grade	Weight
KMI	A	-1.47%
FI	A	-1.39%
BRK.A	B	-1.38%
L	A	-1.3%
ETR	B	-1.27%
WELL	A	-1.22%
PEG	A	-1.22%
BK	A	-1.22%
BSX	B	-1.2%
DUK	C	-1.18%
PKG	A	-1.16%
GD	F	-1.11%
T	A	-1.09%
APP	B	-1.08%
LDOS	C	-1.07%
WAB	B	-1.03%
JPM	A	-1.03%
RTX	C	-1.02%
SSNC	B	-1.01%
GDDY	A	-1.0%
HIG	B	-1.0%
AVB	B	-0.98%
MCK	B	-0.96%
GS	A	-0.96%
KR	B	-0.96%
COST	B	-0.95%
DGX	A	-0.94%
CTSH	B	-0.93%
COF	B	-0.92%
BAC	A	-0.92%
AIG	B	-0.91%
UAL	A	-0.91%
NWSA	B	-0.9%
VICI	C	-0.9%
DAL	C	-0.89%
TSN	B	-0.88%
ESS	B	-0.87%
CI	F	-0.87%
EXC	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%
EME	C	-0.81%
APH	A	-0.8%
DOW	F	-0.8%
IRM	D	-0.78%
FITB	A	-0.76%
CBRE	B	-0.76%
IP	B	-0.75%
TFC	A	-0.74%
GOOGL	C	-0.74%
VTRS	A	-0.73%
FCNCA	A	-0.72%
CASY	A	-0.72%
KKR	A	-0.72%
ELV	F	-0.69%
REGN	F	-0.68%
DD	D	-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%
KEY	B	-0.62%
HPQ	B	-0.6%
FDX	B	-0.59%
NTAP	C	-0.59%
CVS	D	-0.58%
HPE	B	-0.58%
VRT	B	-0.56%
URI	B	-0.55%
ARE	D	-0.55%
CNC	D	-0.54%
LEN	D	-0.54%
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%
INTC	D	-0.39%
CVNA	B	-0.38%
SWKS	F	-0.38%
DELL	C	-0.34%
MRNA	F	-0.14%