EFIV vs. VSMV ETF Comparison

Comparison of SPDR S&P 500 ESG ETF (EFIV) to VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV)

EFIV

SPDR S&P 500 ESG ETF

EFIV Description

• Seeks to provide investment results that, before fees and expenses, correspond generally to the S&P 500 ESG Index • EFIV is designed to track an index that is designed to select S&P 500 firms meeting certain sustainability criteria (criteria related to environmental, social and governance factors) while maintaining similar overall industry group weights as the S&P 500 Index • EFIV may serve as a potential ESG core exposure, based on its focus on sustainability criteria and comprehensive market coverage of the flagship core S&P 500 Index

Grade (RS Rating)

Last Trade

$57.77

Average Daily Volume

109,257

Number of Holdings ^*

313

* may have additional holdings in another (foreign) market

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

Performance

Period	EFIV	VSMV
30 Days	2.81%	3.22%
60 Days	4.79%	4.01%
90 Days	5.59%	4.52%
12 Months	30.64%	23.25%

36 Overlapping Holdings

Symbol	Grade	Weight in EFIV	Weight in VSMV	Overlap
AAPL	C	9.53%	9.39%	9.39%
ABBV	D	0.84%	2.15%	0.84%
ACN	C	0.65%	0.25%	0.25%
ADP	B	0.35%	2.91%	0.35%
AFL	B	0.16%	2.87%	0.16%
ALL	A	0.15%	2.55%	0.15%
BBY	D	0.05%	0.21%	0.05%
BMY	B	0.33%	0.27%	0.27%
CAH	B	0.09%	2.74%	0.09%
CAT	B	0.52%	0.24%	0.24%
CI	F	0.26%	2.51%	0.26%
CL	D	0.21%	0.21%	0.21%
CMCSA	B	0.47%	0.38%	0.38%
COR	B	0.12%	3.24%	0.12%
COST	B	1.15%	2.58%	1.15%
CPAY	A	0.07%	0.29%	0.07%
CSX	B	0.2%	0.32%	0.2%
DVA	B	0.02%	0.48%	0.02%
GILD	C	0.32%	0.27%	0.27%
GIS	D	0.1%	0.21%	0.1%
GOOGL	C	2.92%	1.88%	1.88%
HPE	B	0.08%	2.26%	0.08%
KMI	A	0.14%	1.73%	0.14%
KO	D	0.68%	0.21%	0.21%
MRK	F	0.7%	2.46%	0.7%
MSFT	F	8.8%	8.89%	8.8%
PAYX	C	0.13%	0.83%	0.13%
PG	A	1.09%	2.92%	1.09%
PHM	D	0.07%	0.22%	0.07%
PYPL	B	0.25%	0.27%	0.25%
RSG	A	0.12%	3.09%	0.12%
TJX	A	0.38%	0.28%	0.28%
WM	A	0.23%	3.0%	0.23%
WMB	A	0.19%	1.24%	0.19%
WMT	A	1.03%	3.81%	1.03%
XOM	B	1.5%	3.55%	1.5%

EFIV Overweight 277 Positions Relative to VSMV

Symbol	Grade	Weight
NVDA	C	10.02%
TSLA	B	2.55%
GOOG	C	2.42%
JPM	A	1.91%
LLY	F	1.79%
UNH	C	1.56%
V	A	1.44%
MA	C	1.2%
HD	A	1.13%
CRM	B	0.92%
BAC	A	0.86%
CVX	A	0.75%
ADBE	C	0.66%
CSCO	B	0.66%
AMD	F	0.63%
PEP	F	0.63%
LIN	D	0.61%
MCD	D	0.59%
ABT	B	0.56%
GE	D	0.55%
DIS	B	0.52%
GS	A	0.52%
QCOM	F	0.5%
MS	A	0.46%
T	A	0.45%
AXP	A	0.45%
AMGN	D	0.45%
SPGI	C	0.45%
LOW	D	0.43%
DHR	F	0.43%
UBER	D	0.42%
AMAT	F	0.42%
NEE	D	0.42%
UNP	C	0.41%
ETN	A	0.41%
BLK	C	0.4%
C	A	0.37%
SYK	C	0.37%
BSX	B	0.36%
FI	A	0.34%
SCHW	B	0.33%
TMUS	B	0.33%
SBUX	A	0.32%
MU	D	0.31%
MMC	B	0.31%
MDT	D	0.31%
INTC	D	0.3%
CB	C	0.3%
PLD	D	0.3%
DE	A	0.28%
ELV	F	0.27%
LRCX	F	0.27%
UPS	C	0.27%
NKE	D	0.26%
TT	A	0.26%
MDLZ	F	0.25%
ICE	C	0.25%
SHW	A	0.25%
PH	A	0.25%
AMT	D	0.25%
REGN	F	0.24%
EQIX	A	0.24%
KLAC	D	0.24%
CMG	B	0.23%
CME	A	0.23%
PNC	B	0.23%
AON	A	0.23%
WELL	A	0.22%
USB	A	0.22%
ZTS	D	0.22%
ITW	B	0.21%
EMR	A	0.21%
MCO	B	0.21%
CTAS	B	0.21%
COF	B	0.2%
TGT	F	0.2%
BDX	F	0.19%
MAR	B	0.19%
ADSK	A	0.19%
CVS	D	0.19%
APD	A	0.19%
ECL	D	0.18%
OKE	A	0.18%
CARR	D	0.18%
GM	B	0.18%
AJG	B	0.18%
NSC	B	0.17%
PCAR	B	0.17%
SLB	C	0.17%
FCX	D	0.17%
HLT	A	0.17%
TFC	A	0.17%
BK	A	0.16%
JCI	C	0.16%
URI	B	0.16%
TRV	B	0.16%
SRE	A	0.16%
GWW	B	0.15%
PSA	D	0.15%
MPC	D	0.15%
PSX	C	0.15%
DLR	B	0.15%
AMP	A	0.15%
RCL	A	0.15%
FIS	C	0.14%
MSCI	C	0.14%
AIG	B	0.14%
CMI	A	0.14%
AME	A	0.13%
ROST	C	0.13%
NEM	D	0.13%
DHI	D	0.13%
MET	A	0.13%
PWR	A	0.13%
DAL	C	0.12%
IR	B	0.12%
TRGP	B	0.12%
BKR	B	0.12%
PEG	A	0.12%
AXON	A	0.12%
DFS	B	0.12%
VLO	C	0.12%
PRU	A	0.12%
SYY	B	0.11%
KDP	D	0.11%
ACGL	D	0.11%
YUM	B	0.11%
EXC	C	0.11%
A	D	0.11%
EA	A	0.11%
KR	B	0.11%
HES	B	0.11%
CTVA	C	0.11%
EW	C	0.11%
OTIS	C	0.11%
CBRE	B	0.11%
VRSK	A	0.11%
HIG	B	0.1%
OXY	D	0.1%
RMD	C	0.1%
WAB	B	0.1%
EXR	D	0.1%
HUM	C	0.1%
MTB	A	0.1%
IDXX	F	0.1%
HPQ	B	0.1%
LULU	C	0.1%
CNC	D	0.09%
CSGP	D	0.09%
DOW	F	0.09%
ETR	B	0.09%
EIX	B	0.09%
FITB	A	0.09%
WTW	B	0.09%
ROK	B	0.09%
AVB	B	0.09%
ED	D	0.09%
NDAQ	A	0.09%
FANG	D	0.09%
IRM	D	0.09%
DECK	A	0.08%
HSY	F	0.08%
DOV	A	0.08%
KHC	F	0.08%
STT	A	0.08%
PPG	F	0.08%
ON	D	0.08%
TTWO	A	0.08%
GPN	B	0.08%
RJF	A	0.08%
XYL	D	0.08%
EBAY	D	0.08%
TSCO	D	0.08%
RF	A	0.07%
HUBB	B	0.07%
BIIB	F	0.07%
DVN	F	0.07%
CCL	B	0.07%
ADM	D	0.07%
SW	A	0.07%
EQR	B	0.07%
HBAN	A	0.07%
SYF	B	0.07%
EQT	B	0.07%
MTD	D	0.07%
AWK	D	0.07%
BR	A	0.07%
TROW	B	0.07%
HAL	C	0.07%
VTR	C	0.07%
FTV	C	0.07%
OMC	C	0.06%
CBOE	B	0.06%
WDC	D	0.06%
CFG	B	0.06%
NTRS	A	0.06%
LYB	F	0.06%
ES	D	0.06%
K	A	0.06%
ZBH	C	0.06%
WY	D	0.06%
EXPE	B	0.06%
IFF	D	0.06%
WAT	B	0.06%
SBAC	D	0.06%
AVY	D	0.05%
KIM	A	0.05%
BAX	D	0.05%
ARE	D	0.05%
GPC	D	0.05%
MAS	D	0.05%
LVS	C	0.05%
PNR	A	0.05%
KEY	B	0.05%
IEX	B	0.05%
TSN	B	0.05%
DGX	A	0.05%
FDS	B	0.05%
HOLX	D	0.05%
PFG	D	0.05%
ULTA	F	0.05%
BALL	D	0.05%
MKC	D	0.05%
JKHY	D	0.04%
ALB	C	0.04%
INCY	C	0.04%
POOL	C	0.04%
CHRW	C	0.04%
SWK	D	0.04%
CAG	D	0.04%
AKAM	D	0.04%
UDR	B	0.04%
MRNA	F	0.04%
AMCR	D	0.04%
EL	F	0.04%
RVTY	F	0.04%
APTV	D	0.04%
JBHT	C	0.04%
DOC	D	0.04%
CF	B	0.04%
EG	C	0.04%
TFX	F	0.03%
GL	B	0.03%
MKTX	D	0.03%
LKQ	D	0.03%
NWSA	B	0.03%
CRL	C	0.03%
IPG	D	0.03%
AIZ	A	0.03%
TAP	C	0.03%
LW	C	0.03%
BXP	D	0.03%
SJM	D	0.03%
TPR	B	0.03%
NCLH	B	0.03%
REG	B	0.03%
KMX	B	0.03%
ALLE	D	0.03%
DAY	B	0.03%
HST	C	0.03%
WBA	F	0.02%
PARA	C	0.02%
BEN	C	0.02%
FMC	D	0.02%
MHK	D	0.02%
BWA	D	0.02%
IVZ	B	0.02%
WYNN	D	0.02%
RL	B	0.02%
HAS	D	0.02%
MOS	F	0.02%
CZR	F	0.02%
FRT	B	0.02%
CPB	D	0.02%
MGM	D	0.02%
HRL	D	0.02%
NWS	B	0.01%

EFIV Underweight 32 Positions Relative to VSMV

Symbol	Grade	Weight
JNJ	D	-3.43%
LMT	D	-3.01%
MCK	B	-2.64%
CTSH	B	-2.59%
LDOS	C	-2.38%
NTAP	C	-2.02%
EOG	A	-1.95%
CINF	A	-1.33%
FFIV	B	-1.06%
MUSA	A	-0.86%
CCK	C	-0.84%
NYT	C	-0.69%
ATR	B	-0.54%
GD	F	-0.48%
ANF	C	-0.4%
PKG	A	-0.39%
SPG	B	-0.39%
ALSN	B	-0.3%
SNA	A	-0.3%
WSO	A	-0.27%
MSI	B	-0.27%
STLD	B	-0.27%
KMB	D	-0.26%
NUE	C	-0.25%
THC	D	-0.24%
BERY	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%