ITAN vs. USVM ETF Comparison

Comparison of Sparkline Intangible Value ETF (ITAN) to VictoryShares USAA MSCI USA Small Cap Value Momentum ETF (USVM)

ITAN

Sparkline Intangible Value ETF

ITAN Description

The investment seeks long-term capital appreciation. The fund is an actively-managed exchange-traded fund (âETFâ). The fund will invest in U.S.-listed equity securities that Sparkline Capital LP (the âSub-Adviserâ) believes are attractive relative to its proprietary measure of âintangible-augmented intrinsic value.â The fundâs investments may include common stocks and Real Estate Investment Trusts (REITs). Although the fund will not concentrate its investments in a particular industry, the Sub-Adviser anticipates that fund will hold a meaningful amount of stocks in the technology, communications, healthcare, and consumer discretionary sectors.

Grade (RS Rating)

Last Trade

$29.95

Average Daily Volume

5,950

Number of Holdings ^*

150

* 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

$85.24

Average Daily Volume

13,610

Number of Holdings ^*

275

* may have additional holdings in another (foreign) market

Performance

Period	ITAN	USVM
30 Days	3.62%	5.47%
60 Days	4.40%	5.22%
90 Days	5.47%	10.59%
12 Months	26.19%	30.74%

16 Overlapping Holdings

Symbol	Grade	Weight in ITAN	Weight in USVM	Overlap
ALLY	F	0.3%	0.27%	0.27%
ARW	C	0.26%	0.49%	0.26%
BIO	C	0.24%	0.41%	0.24%
CACI	B	0.42%	0.65%	0.42%
CVNA	B	0.4%	0.19%	0.19%
DVA	B	0.39%	0.32%	0.32%
ELAN	D	0.32%	0.19%	0.19%
FFIV	B	0.44%	0.64%	0.44%
GAP	F	0.22%	0.12%	0.12%
HRB	C	0.25%	0.56%	0.25%
IVZ	B	0.24%	0.35%	0.24%
JLL	B	0.4%	0.43%	0.4%
M	F	0.16%	0.17%	0.16%
PARA	F	0.27%	0.15%	0.15%
QRVO	F	0.26%	0.36%	0.26%
TAP	D	0.27%	0.5%	0.27%

ITAN Overweight 134 Positions Relative to USVM

Symbol	Grade	Weight
AMZN	C	4.77%
META	B	2.89%
ORCL	C	2.67%
CRM	D	1.91%
GOOG	D	1.81%
GOOGL	D	1.81%
IBM	B	1.79%
QCOM	D	1.76%
CSCO	C	1.69%
ACN	C	1.68%
T	C	1.63%
PFE	C	1.49%
VZ	B	1.43%
TMUS	C	1.33%
MDT	C	1.3%
WFC	D	1.29%
RTX	C	1.28%
INTC	F	1.2%
DELL	D	1.14%
HON	D	1.12%
BA	F	1.1%
TGT	C	1.06%
DIS	D	1.06%
CMCSA	D	0.99%
BMY	C	0.97%
PYPL	B	0.96%
CVS	D	0.96%
NOC	B	0.96%
MMM	B	0.95%
LMT	C	0.94%
GILD	B	0.92%
COF	B	0.91%
FDX	C	0.9%
GM	C	0.89%
PANW	D	0.87%
CMI	C	0.82%
F	F	0.81%
CTSH	C	0.78%
GD	B	0.75%
ALL	B	0.74%
HPQ	D	0.74%
SQ	D	0.74%
BDX	D	0.74%
NXPI	F	0.72%
EBAY	B	0.71%
CHTR	D	0.69%
CNC	D	0.69%
WDAY	D	0.67%
LHX	C	0.66%
DASH	C	0.65%
JCI	B	0.64%
WDC	D	0.62%
NTAP	D	0.61%
ADSK	C	0.59%
GLW	C	0.59%
HUM	F	0.58%
BAX	C	0.57%
TEL	D	0.56%
ILMN	C	0.55%
UAL	C	0.54%
HPE	D	0.53%
BBY	C	0.53%
PRU	C	0.53%
J	C	0.53%
LDOS	B	0.52%
DAL	C	0.52%
CAH	C	0.52%
KR	C	0.51%
EXPE	C	0.51%
IQV	C	0.5%
EA	D	0.5%
BIIB	F	0.49%
BAH	C	0.49%
SNAP	F	0.49%
ZBRA	B	0.48%
JNPR	B	0.46%
ZS	F	0.46%
NTNX	C	0.45%
VTRS	D	0.45%
DD	B	0.45%
DGX	B	0.44%
UBER	C	0.44%
DOCU	C	0.44%
ZM	C	0.44%
ROK	D	0.44%
WBD	D	0.43%
OKTA	F	0.42%
PSTG	F	0.41%
TRU	B	0.4%
ROKU	C	0.4%
ACM	B	0.4%
HAL	F	0.38%
TWLO	D	0.38%
AKAM	D	0.37%
MU	F	0.37%
DBX	D	0.37%
JBL	D	0.36%
Z	B	0.36%
EXAS	C	0.36%
CIEN	C	0.35%
AAL	D	0.35%
EMN	B	0.35%
TRMB	C	0.35%
IP	B	0.34%
LUV	C	0.33%
W	D	0.32%
WBA	F	0.32%
ACI	F	0.32%
TPR	C	0.31%
SWKS	D	0.31%
SWK	B	0.3%
APTV	D	0.3%
RIVN	F	0.29%
HAS	B	0.29%
LYFT	D	0.28%
JAZZ	D	0.28%
ETSY	F	0.28%
U	D	0.27%
MTCH	C	0.26%
PII	D	0.26%
DOX	C	0.26%
WHR	D	0.26%
RUN	C	0.25%
PATH	D	0.24%
MAT	C	0.24%
AGCO	D	0.24%
BWA	D	0.23%
ALK	C	0.23%
DLB	D	0.23%
NOV	F	0.22%
RHI	D	0.21%
MASI	F	0.21%
FLR	D	0.19%
XRAY	D	0.17%

ITAN Underweight 259 Positions Relative to USVM

Symbol	Grade	Weight
INGR	B	-0.75%
DTM	B	-0.71%
ENSG	B	-0.7%
GBDC	C	-0.7%
NHI	C	-0.66%
CVLT	B	-0.65%
PSN	B	-0.65%
GWRE	A	-0.64%
INVA	B	-0.63%
MTG	B	-0.63%
ESNT	B	-0.62%
EHC	C	-0.62%
JEF	B	-0.61%
MUSA	D	-0.6%
SBRA	C	-0.6%
POST	C	-0.6%
CSWI	B	-0.59%
MDU	C	-0.58%
CNO	B	-0.58%
UHS	B	-0.58%
RGA	C	-0.57%
PBH	B	-0.56%
AKR	B	-0.56%
AIZ	B	-0.56%
SF	A	-0.54%
PINC	C	-0.54%
UTHR	C	-0.54%
CLH	A	-0.51%
RDN	C	-0.51%
UNM	B	-0.5%
SNDR	B	-0.49%
IDCC	B	-0.49%
SFM	B	-0.49%
ESGR	D	-0.49%
SKT	B	-0.49%
HSIC	C	-0.49%
HNI	C	-0.49%
COOP	C	-0.49%
AGO	C	-0.48%
BPOP	C	-0.48%
GEF	D	-0.48%
GHC	B	-0.48%
GRBK	B	-0.47%
EXEL	C	-0.47%
MLI	A	-0.47%
AVT	C	-0.47%
TXRH	C	-0.46%
NSIT	D	-0.46%
CNX	B	-0.46%
SNX	D	-0.46%
COKE	C	-0.46%
MOG.A	B	-0.45%
EXP	B	-0.45%
R	A	-0.45%
VRNS	C	-0.44%
ALSN	B	-0.44%
RLJ	D	-0.43%
SAIC	C	-0.43%
STC	B	-0.43%
PATK	B	-0.42%
SWX	C	-0.42%
MHK	C	-0.42%
CALM	A	-0.42%
TGNA	D	-0.41%
AYI	B	-0.41%
NAVI	C	-0.41%
GNW	B	-0.41%
EME	B	-0.41%
ADMA	B	-0.41%
H	C	-0.41%
CUZ	B	-0.41%
PFSI	C	-0.41%
TNC	F	-0.41%
IIPR	B	-0.4%
PLUS	A	-0.4%
GMS	D	-0.4%
SLM	D	-0.4%
LRN	B	-0.4%
VCTR	B	-0.4%
TMHC	A	-0.39%
GPI	B	-0.39%
HQY	C	-0.39%
UVV	D	-0.39%
ESAB	C	-0.39%
RUSHA	C	-0.39%
FSS	D	-0.39%
AL	D	-0.38%
MATX	B	-0.38%
ASB	D	-0.38%
APG	D	-0.38%
KBH	A	-0.38%
NRG	C	-0.38%
SPB	C	-0.38%
TPH	C	-0.38%
OMF	D	-0.37%
TOL	B	-0.37%
CACC	F	-0.37%
ARI	F	-0.37%
DXC	C	-0.37%
MHO	B	-0.37%
VNT	F	-0.37%
JXN	A	-0.37%
CHRD	F	-0.36%
SKX	D	-0.36%
ESRT	B	-0.36%
WING	B	-0.36%
JBGS	C	-0.36%
SKYW	C	-0.36%
AROC	D	-0.35%
BECN	D	-0.35%
CMC	D	-0.35%
NMRK	A	-0.35%
GPOR	D	-0.35%
HIW	B	-0.35%
UFPI	C	-0.35%
ITGR	A	-0.35%
CHK	D	-0.35%
ROAD	B	-0.35%
RL	C	-0.34%
ENOV	D	-0.34%
CRC	C	-0.34%
IAC	C	-0.34%
CCS	B	-0.34%
AN	D	-0.33%
PRIM	B	-0.33%
MTH	A	-0.33%
MTSI	D	-0.33%
PHIN	B	-0.33%
SEM	D	-0.33%
THC	A	-0.33%
CXW	F	-0.32%
WGO	D	-0.32%
COLL	C	-0.32%
VSH	F	-0.32%
QTWO	B	-0.32%
DINO	F	-0.32%
GIII	C	-0.31%
OVV	F	-0.31%
FYBR	C	-0.31%
BHF	F	-0.31%
AZZ	D	-0.31%
GFF	D	-0.31%
THO	D	-0.31%
CRL	F	-0.31%
CAL	F	-0.31%
UGI	C	-0.31%
PRGO	D	-0.31%
RDNT	B	-0.3%
PR	F	-0.3%
COHR	C	-0.3%
AZTA	F	-0.3%
LPX	B	-0.3%
AMWD	D	-0.3%
VSTO	C	-0.3%
NXST	D	-0.3%
ANDE	D	-0.3%
TTMI	D	-0.29%
BTU	D	-0.29%
ABG	D	-0.29%
INSW	D	-0.29%
CWEN	C	-0.29%
GEO	F	-0.28%
MOS	F	-0.28%
CNM	F	-0.28%
VNO	B	-0.28%
BCC	B	-0.28%
SCS	D	-0.28%
NTRA	C	-0.28%
IBP	D	-0.28%
NTCT	C	-0.28%
SLVM	B	-0.28%
FIX	B	-0.28%
PK	D	-0.28%
PEB	D	-0.28%
GKOS	C	-0.27%
BZH	B	-0.27%
LNC	D	-0.27%
IDYA	F	-0.27%
UAA	C	-0.27%
AMKR	F	-0.27%
CUBI	F	-0.27%
DKS	D	-0.27%
KRC	B	-0.27%
SM	F	-0.27%
CIVI	F	-0.27%
UFPT	B	-0.26%
NATL	D	-0.26%
BLD	D	-0.26%
LEVI	C	-0.26%
ATSG	D	-0.26%
XPO	D	-0.25%
HE	F	-0.25%
AEO	F	-0.25%
WSM	D	-0.25%
REVG	D	-0.25%
SLG	B	-0.25%
MAC	B	-0.25%
GBX	C	-0.25%
OGN	D	-0.24%
ODP	F	-0.24%
IESC	C	-0.24%
VECO	F	-0.24%
WOR	D	-0.24%
SAH	D	-0.24%
FWRG	F	-0.24%
VCEL	D	-0.23%
MSGE	B	-0.23%
MOD	A	-0.23%
SANM	D	-0.23%
INFA	D	-0.23%
MEDP	F	-0.23%
DFH	C	-0.22%
ONTO	D	-0.22%
HCC	F	-0.22%
DDS	F	-0.22%
ARCH	F	-0.22%
PBF	F	-0.21%
UCTT	F	-0.21%
STRL	B	-0.21%
RYI	D	-0.21%
RAMP	F	-0.21%
GES	F	-0.21%
FTRE	D	-0.21%
PVH	F	-0.21%
XRX	D	-0.2%
TDS	C	-0.2%
ALGT	F	-0.2%
APP	C	-0.2%
FORM	F	-0.19%
RXST	C	-0.19%
VSTS	D	-0.19%
CLF	F	-0.19%
GT	F	-0.19%
JBLU	D	-0.18%
SMTC	C	-0.18%
SIG	C	-0.18%
JELD	D	-0.18%
USM	C	-0.18%
PLAB	F	-0.18%
KSS	F	-0.17%
ANF	D	-0.17%
LPG	F	-0.17%
SATS	C	-0.16%
VIR	F	-0.16%
HPP	D	-0.16%
DYN	D	-0.15%
OSCR	B	-0.15%
OMI	D	-0.15%
VERA	C	-0.14%
POWL	C	-0.13%
VKTX	C	-0.13%
AMR	F	-0.13%
MPW	C	-0.13%
CAR	F	-0.12%
CENX	D	-0.12%
MSTR	D	-0.12%
HTZ	F	-0.1%
CHGG	F	-0.09%
CLSK	F	-0.08%