FLSP vs. ULVM ETF Comparison

Comparison of Franklin Liberty Systematic Style Premia ETF (FLSP) to VictoryShares USAA MSCI USA Value Momentum ETF (ULVM)

FLSP

Franklin Liberty Systematic Style Premia ETF

FLSP Description

The investment seeks absolute return. The fund seeks to achieve its investment goal by allocating its assets across two underlying alternative investment strategies, which represent top-down and bottom-up approaches to capturing factor-based risk premia. Through the two strategies, it may invest in or obtain exposure to: (i) equity securities (which may include common stocks and preferred stocks), (ii) debt securities (which may include bonds, notes, debentures, banker's acceptances and commercial paper), (iii) commodity-linked derivative instruments and (iv) currency-related derivative instruments.

Grade (RS Rating)

Last Trade

$24.11

Average Daily Volume

11,536

Number of Holdings ^*

172

* 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

$80.97

Average Daily Volume

560

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	FLSP	ULVM
30 Days	0.48%	3.51%
60 Days	3.14%	10.81%
90 Days	2.18%	8.95%
12 Months	7.61%	36.14%

46 Overlapping Holdings

Symbol	Grade	Weight in FLSP	Weight in ULVM	Overlap
ADM	F	0.04%	0.52%	0.04%
AIG	C	0.22%	0.94%	0.22%
APH	D	0.18%	0.78%	0.18%
APP	A	0.13%	0.45%	0.13%
AVB	C	0.14%	1.03%	0.14%
BK	A	0.24%	1.19%	0.24%
BLDR	C	0.12%	0.47%	0.12%
CI	D	0.27%	0.99%	0.27%
CNC	F	0.18%	0.72%	0.18%
CRBG	B	0.05%	0.67%	0.05%
CSL	A	0.12%	0.79%	0.12%
CTSH	B	0.2%	0.98%	0.2%
ELV	F	0.58%	0.95%	0.58%
EQH	B	0.09%	0.86%	0.09%
FDX	F	0.28%	0.58%	0.28%
FOXA	B	0.06%	0.98%	0.06%
GDDY	B	0.13%	0.86%	0.13%
GM	D	0.3%	0.64%	0.3%
HIG	A	0.13%	1.05%	0.13%
HPQ	B	0.18%	0.64%	0.18%
IR	A	0.17%	0.8%	0.17%
KR	C	0.21%	0.98%	0.21%
L	C	0.07%	1.28%	0.07%
LDOS	A	0.12%	1.1%	0.12%
LYB	B	0.12%	1.05%	0.12%
META	A	0.49%	0.54%	0.49%
MPC	D	0.3%	0.63%	0.3%
NTAP	D	0.15%	0.63%	0.15%
NVDA	B	0.6%	0.37%	0.37%
OC	C	0.1%	0.68%	0.1%
PHM	C	0.14%	0.67%	0.14%
PKG	B	0.12%	1.09%	0.12%
PSX	D	0.25%	0.74%	0.25%
REGN	D	0.5%	1.01%	0.5%
SPG	A	0.24%	0.84%	0.24%
SSNC	C	0.08%	1.08%	0.08%
STLD	C	0.1%	0.74%	0.1%
T	B	0.67%	1.1%	0.67%
TXT	F	0.11%	0.83%	0.11%
UTHR	C	0.09%	0.66%	0.09%
VICI	C	0.15%	0.98%	0.15%
VLO	F	0.22%	0.64%	0.22%
VST	A	0.21%	0.52%	0.21%
VTRS	D	0.07%	0.68%	0.07%
WMT	A	0.75%	1.17%	0.75%
WSM	C	0.09%	0.48%	0.09%

FLSP Overweight 126 Positions Relative to ULVM

Symbol	Grade	Weight
MA	A	0.84%
INTU	F	0.76%
NOW	B	0.74%
CRM	B	0.71%
BKNG	B	0.7%
MSFT	D	0.66%
ABBV	C	0.64%
UBER	C	0.61%
TJX	D	0.6%
NVS	D	0.6%
V	B	0.59%
AMAT	C	0.56%
QCOM	D	0.56%
VRTX	D	0.53%
TMO	D	0.47%
ADBE	F	0.47%
CL	D	0.46%
GILD	A	0.46%
CMCSA	B	0.43%
MSI	A	0.41%
PYPL	A	0.4%
CTAS	C	0.36%
CSX	D	0.34%
AFL	A	0.33%
EOG	B	0.31%
CDNS	D	0.31%
HD	A	0.3%
ADSK	B	0.29%
TGT	C	0.27%
FIS	A	0.26%
FICO	C	0.26%
CMI	A	0.25%
FTNT	A	0.25%
A	B	0.24%
MET	A	0.23%
CPRT	B	0.23%
TEL	D	0.23%
PH	A	0.23%
LNG	A	0.23%
IQV	F	0.22%
BCS	B	0.21%
AMP	A	0.21%
KMB	D	0.21%
SNPS	F	0.2%
MELI	D	0.2%
EA	D	0.2%
EBAY	A	0.19%
IDXX	D	0.19%
MTD	C	0.18%
RCL	B	0.18%
SE	B	0.17%
SYY	D	0.17%
NUE	D	0.16%
STT	A	0.15%
LULU	D	0.15%
LIN	C	0.15%
PCAR	D	0.14%
TROW	D	0.14%
VEEV	C	0.14%
EL	D	0.14%
DVN	F	0.14%
ANSS	D	0.14%
VTR	C	0.13%
BR	B	0.13%
DECK	B	0.13%
CAH	B	0.12%
TYL	D	0.12%
FE	C	0.12%
AWK	D	0.12%
WAT	B	0.12%
PG	D	0.12%
K	B	0.11%
EXPE	B	0.11%
PTC	B	0.11%
BBY	C	0.11%
CPAY	A	0.11%
STX	C	0.11%
GOOG	B	0.11%
MAS	C	0.1%
MRO	B	0.1%
LII	C	0.1%
LVS	B	0.1%
CF	A	0.1%
MOH	F	0.1%
ZM	B	0.1%
CBOE	B	0.1%
HOLX	D	0.1%
NRG	A	0.1%
JBL	C	0.09%
BG	F	0.09%
LYV	A	0.09%
AVTR	D	0.09%
MANH	A	0.09%
EXPD	D	0.09%
VRSN	C	0.09%
SNA	C	0.08%
UDR	C	0.08%
ROL	C	0.08%
UHS	D	0.08%
RS	D	0.08%
FFIV	B	0.07%
GLPI	C	0.07%
REG	C	0.07%
NBIX	F	0.07%
CHRW	C	0.07%
DT	B	0.07%
AIZ	B	0.07%
TER	C	0.07%
DPZ	D	0.07%
DOCU	A	0.07%
TAP	D	0.06%
OVV	D	0.06%
CHKP	A	0.06%
INCY	B	0.06%
RPRX	D	0.06%
MTCH	B	0.06%
TWLO	B	0.06%
WYNN	B	0.05%
DKS	D	0.05%
SEIC	B	0.05%
MOS	F	0.05%
ACI	F	0.05%
HII	F	0.05%
MMM	C	0.04%
DINO	F	0.04%
AER	C	0.04%

FLSP Underweight 78 Positions Relative to ULVM

Symbol	Grade	Weight
BRK.A	B	-1.42%
LMT	A	-1.36%
GD	C	-1.27%
DUK	C	-1.27%
PEG	A	-1.25%
KMI	A	-1.21%
WELL	C	-1.19%
BSX	A	-1.18%
ETR	A	-1.16%
RTX	A	-1.1%
DOW	B	-1.06%
WAB	A	-1.02%
VZ	C	-1.01%
COST	C	-0.98%
TRGP	A	-0.98%
IBM	A	-0.95%
DGX	D	-0.95%
KHC	F	-0.95%
JPM	C	-0.95%
EXC	C	-0.94%
WY	C	-0.94%
ESS	D	-0.9%
AXP	A	-0.89%
HCA	C	-0.87%
RGA	B	-0.87%
TSN	D	-0.87%
GS	B	-0.87%
MLM	F	-0.87%
NWSA	D	-0.86%
NVR	C	-0.85%
BAC	B	-0.84%
IRM	B	-0.84%
KIM	C	-0.82%
PFE	D	-0.8%
C	B	-0.79%
COF	A	-0.79%
MCK	F	-0.78%
DD	C	-0.77%
WFC	B	-0.76%
DAL	C	-0.76%
CBRE	C	-0.75%
GRMN	D	-0.74%
FITB	C	-0.74%
GOOGL	B	-0.73%
GE	B	-0.72%
EME	B	-0.71%
TFC	D	-0.71%
CASY	D	-0.69%
ARE	D	-0.68%
FANG	D	-0.68%
SYF	A	-0.66%
KKR	A	-0.66%
IP	C	-0.66%
LEN	C	-0.63%
FCNCA	D	-0.63%
CVS	D	-0.63%
LLY	D	-0.62%
CFG	C	-0.61%
THC	D	-0.6%
UAL	A	-0.6%
HPE	B	-0.59%
HWM	A	-0.59%
KEY	B	-0.58%
URI	C	-0.57%
DHI	C	-0.57%
TOL	C	-0.56%
WDC	C	-0.54%
ALLY	F	-0.5%
SWKS	F	-0.49%
F	D	-0.49%
AVGO	B	-0.47%
MU	D	-0.47%
VRT	B	-0.43%
INTC	D	-0.41%
DELL	C	-0.34%
MSTR	B	-0.31%
CVNA	A	-0.28%
MRNA	F	-0.26%