MODL vs. FDMO ETF Comparison

Comparison of VictoryShares WestEnd U.S. Sector ETF (MODL) to Fidelity Momentum Factor ETF (FDMO)

MODL

VictoryShares WestEnd U.S. Sector ETF

MODL Description

VictoryShares WestEnd U.S. Sector ETF is an exchange traded fund launched and managed by Victory Capital Management Inc. The fund is co-managed by WestEnd Advisors, LLC. It invests in public equity markets of the United States. It invests through other funds in stocks of companies operating across consumer discretionary, consumer staples, health care, financials, information technology, real estate, communication services, and utilities sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It employs fundamental analysis with top-down stock picking approach to create its portfolio. VictoryShares WestEnd U.S. Sector ETF was formed on October 11, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$40.73

Average Daily Volume

26,985

Number of Holdings ^*

316

* may have additional holdings in another (foreign) market

FDMO

Fidelity Momentum Factor ETF

FDMO Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Momentum Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Momentum Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that exhibit positive momentum signals.

Grade (RS Rating)

Last Trade

$71.42

Average Daily Volume

35,646

Number of Holdings ^*

122

* may have additional holdings in another (foreign) market

Performance

Period	MODL	FDMO
30 Days	2.91%	6.00%
60 Days	4.12%	8.27%
90 Days	5.95%	10.44%
12 Months	30.78%	42.98%

52 Overlapping Holdings

Symbol	Grade	Weight in MODL	Weight in FDMO	Overlap
AAPL	C	4.85%	6.8%	4.85%
ABBV	D	1.05%	1.08%	1.05%
AMZN	C	3.64%	3.76%	3.64%
ANET	C	0.13%	0.82%	0.13%
APP	B	0.12%	1.27%	0.12%
AVGO	D	1.06%	2.03%	1.06%
AXP	A	0.56%	0.9%	0.56%
BAC	A	1.02%	1.21%	1.02%
BK	A	0.33%	0.7%	0.33%
BKNG	A	0.32%	0.66%	0.32%
BRK.A	B	0.65%	2.14%	0.65%
BRK.A	B	1.72%	2.14%	1.72%
BSX	B	0.48%	0.95%	0.48%
CL	D	0.28%	0.33%	0.28%
COIN	C	0.37%	1.09%	0.37%
COST	B	1.6%	0.92%	0.92%
DHR	F	0.54%	0.92%	0.54%
EBAY	D	0.06%	0.42%	0.06%
FICO	B	0.1%	0.86%	0.1%
FIS	C	0.14%	0.65%	0.14%
GDDY	A	0.04%	0.78%	0.04%
GM	B	0.12%	0.5%	0.12%
GOOGL	C	2.21%	3.54%	2.21%
GS	A	1.05%	0.99%	0.99%
HCA	F	0.23%	0.78%	0.23%
HD	A	0.8%	1.08%	0.8%
HIG	B	0.1%	0.67%	0.1%
ISRG	A	0.69%	1.06%	0.69%
JPM	A	1.89%	1.88%	1.88%
KKR	A	0.59%	0.8%	0.59%
KMB	D	0.17%	0.28%	0.17%
KO	D	0.92%	0.61%	0.61%
LLY	F	2.3%	1.68%	1.68%
META	D	2.64%	2.39%	2.39%
MO	A	0.33%	0.37%	0.33%
MPWR	F	0.04%	0.56%	0.04%
MSFT	F	5.77%	6.21%	5.77%
MSI	B	0.11%	0.88%	0.11%
NFLX	A	0.77%	0.88%	0.77%
NVDA	C	4.61%	6.97%	4.61%
PG	A	1.54%	0.92%	0.92%
PGR	A	0.42%	0.87%	0.42%
PLTR	B	0.19%	1.3%	0.19%
PM	B	0.66%	0.55%	0.55%
RCL	A	0.1%	0.48%	0.1%
SYF	B	0.07%	0.72%	0.07%
T	A	0.34%	0.52%	0.34%
TJX	A	0.26%	0.61%	0.26%
TMUS	B	0.24%	0.45%	0.24%
TSLA	B	1.86%	2.03%	1.86%
TTD	B	0.11%	0.32%	0.11%
WMT	A	1.32%	0.86%	0.86%

MODL Overweight 264 Positions Relative to FDMO

Symbol	Grade	Weight
UNH	C	1.99%
GOOG	C	1.97%
V	A	1.47%
JNJ	D	1.33%
MA	C	1.21%
MS	A	0.94%
SPGI	C	0.93%
BLK	C	0.9%
MRK	F	0.88%
BX	A	0.76%
PEP	F	0.76%
SCHW	B	0.76%
ABT	B	0.72%
TMO	F	0.69%
WFC	A	0.69%
CRM	B	0.54%
AMGN	D	0.54%
ORCL	B	0.53%
ICE	C	0.52%
PFE	D	0.51%
SYK	C	0.5%
MCO	B	0.5%
CME	A	0.48%
VRTX	F	0.44%
DIS	B	0.43%
ADBE	C	0.42%
GILD	C	0.42%
BMY	B	0.41%
MDT	D	0.4%
MCD	D	0.4%
NOW	A	0.37%
C	A	0.37%
VZ	C	0.37%
INTU	C	0.35%
FI	A	0.34%
CMCSA	B	0.34%
CB	C	0.33%
ELV	F	0.33%
AMD	F	0.32%
MCK	B	0.32%
CI	F	0.32%
ACN	C	0.31%
AMP	A	0.31%
MMC	B	0.31%
CSCO	B	0.31%
REGN	F	0.3%
LOW	D	0.3%
ZTS	D	0.29%
MDLZ	F	0.27%
TGT	F	0.27%
TXN	C	0.26%
IBM	C	0.26%
MSCI	C	0.26%
QCOM	F	0.25%
CVS	D	0.24%
PYPL	B	0.24%
AON	A	0.23%
PNC	B	0.23%
USB	A	0.22%
PANW	C	0.22%
BDX	F	0.22%
SBUX	A	0.21%
AMAT	F	0.2%
COF	B	0.19%
ARES	A	0.18%
AJG	B	0.18%
APO	B	0.18%
TRV	B	0.17%
NKE	D	0.17%
RJF	A	0.17%
TFC	A	0.17%
CRWD	B	0.16%
AFL	B	0.16%
STT	A	0.16%
KVUE	A	0.16%
TROW	B	0.15%
EW	C	0.15%
MU	D	0.15%
ALL	A	0.15%
CDNS	B	0.15%
INTC	D	0.15%
NDAQ	A	0.15%
COR	B	0.15%
CMG	B	0.15%
SNPS	B	0.15%
MET	A	0.14%
SQ	B	0.14%
AIG	B	0.14%
KR	B	0.14%
ADI	D	0.14%
MNST	C	0.14%
STZ	D	0.14%
IDXX	F	0.13%
HLT	A	0.13%
PRU	A	0.13%
RMD	C	0.13%
MAR	B	0.13%
LRCX	F	0.13%
GEHC	F	0.13%
KHC	F	0.13%
SYY	B	0.13%
ORLY	B	0.13%
A	D	0.13%
LPLA	A	0.13%
MSTR	C	0.12%
KLAC	D	0.12%
VEEV	C	0.12%
HUM	C	0.12%
APH	A	0.12%
DFS	B	0.12%
GIS	D	0.12%
IQV	D	0.12%
NTRS	A	0.12%
CBOE	B	0.12%
ALNY	D	0.11%
FDS	B	0.11%
CAH	B	0.11%
MRVL	B	0.11%
DXCM	D	0.11%
ROP	B	0.11%
CNC	D	0.11%
KDP	D	0.11%
ABNB	C	0.11%
ADSK	A	0.11%
MTB	A	0.1%
ACGL	D	0.1%
ADM	D	0.1%
WDAY	B	0.1%
DASH	A	0.1%
AZO	C	0.1%
FTNT	C	0.1%
CHD	B	0.1%
HSY	F	0.09%
FITB	A	0.09%
DHI	D	0.09%
MTD	D	0.09%
ROST	C	0.09%
WTW	B	0.09%
CHTR	C	0.08%
WAT	B	0.08%
ILMN	D	0.08%
LEN	D	0.08%
WST	C	0.08%
CLX	B	0.08%
GPN	B	0.08%
F	C	0.08%
BIIB	F	0.08%
ZBH	C	0.08%
EA	A	0.08%
K	A	0.08%
CINF	A	0.07%
DGX	A	0.07%
HUBS	A	0.07%
RF	A	0.07%
PODD	C	0.07%
TTWO	A	0.07%
DDOG	A	0.07%
CPAY	A	0.07%
DG	F	0.07%
HBAN	A	0.07%
STE	F	0.07%
LH	C	0.07%
YUM	B	0.07%
BRO	B	0.07%
DLTR	F	0.06%
SNOW	C	0.06%
CFG	B	0.06%
PFG	D	0.06%
ANSS	B	0.06%
TSCO	D	0.06%
ALGN	D	0.06%
LW	C	0.06%
BAX	D	0.06%
FCNCA	A	0.06%
MKL	A	0.06%
TSN	B	0.06%
GRMN	B	0.06%
EL	F	0.06%
MOH	F	0.06%
VTRS	A	0.06%
TEAM	A	0.06%
LULU	C	0.06%
MKC	D	0.06%
HOLX	D	0.06%
TYL	B	0.05%
CCL	B	0.05%
MCHP	D	0.05%
MRNA	F	0.05%
AVTR	F	0.05%
RVTY	F	0.05%
GLW	B	0.05%
WBD	C	0.05%
HPQ	B	0.05%
WRB	A	0.05%
NVR	D	0.05%
PHM	D	0.05%
DELL	C	0.05%
DECK	A	0.05%
CTSH	B	0.05%
INCY	C	0.05%
IT	C	0.05%
RBLX	C	0.05%
JKHY	D	0.04%
BEN	C	0.04%
RPRX	D	0.04%
KEYS	A	0.04%
DRI	B	0.04%
LVS	C	0.04%
PINS	D	0.04%
HPE	B	0.04%
DKNG	B	0.04%
ON	D	0.04%
PTC	A	0.04%
NET	B	0.04%
OMC	C	0.04%
LYV	A	0.04%
BMRN	D	0.04%
EXPE	B	0.04%
L	A	0.04%
POOL	C	0.03%
DT	C	0.03%
ZBRA	B	0.03%
APTV	D	0.03%
FSLR	F	0.03%
STX	D	0.03%
MDB	C	0.03%
HRL	D	0.03%
TDY	B	0.03%
DPZ	C	0.03%
WDC	D	0.03%
WSM	B	0.03%
ULTA	F	0.03%
CDW	F	0.03%
GPC	D	0.03%
NTAP	C	0.03%
BBY	D	0.03%
EG	C	0.03%
ZS	C	0.03%
ZM	B	0.03%
OKTA	C	0.02%
SMCI	F	0.02%
MGM	D	0.02%
AKAM	D	0.02%
CELH	F	0.02%
SWKS	F	0.02%
JBL	B	0.02%
CRBG	B	0.02%
FOXA	B	0.02%
PSTG	D	0.02%
ENTG	D	0.02%
IPG	D	0.02%
GEN	B	0.02%
WBA	F	0.02%
TRMB	B	0.02%
TER	D	0.02%
VRSN	F	0.02%
SNAP	C	0.02%
MANH	D	0.01%
NTNX	A	0.01%
ENPH	F	0.01%
FOX	A	0.01%
BSY	D	0.01%
LEN	D	0.0%
IOT	A	0.0%

MODL Underweight 71 Positions Relative to FDMO

Symbol	Grade	Weight
XOM	B	-1.12%
NTRA	B	-0.87%
HOOD	B	-0.83%
QTWO	A	-0.78%
CVLT	B	-0.74%
GKOS	B	-0.74%
GE	D	-0.74%
CAT	B	-0.73%
RVMD	C	-0.73%
THC	D	-0.72%
RNA	D	-0.7%
UBER	D	-0.67%
CVX	A	-0.67%
EVR	B	-0.67%
RTX	C	-0.66%
TT	A	-0.59%
JXN	C	-0.59%
CTAS	B	-0.54%
HWM	A	-0.52%
CARR	D	-0.51%
VRT	B	-0.51%
LIN	D	-0.51%
URI	B	-0.5%
TDG	D	-0.5%
FIX	A	-0.47%
NEE	D	-0.47%
EME	C	-0.47%
MLI	C	-0.44%
ZETA	D	-0.43%
DY	D	-0.42%
TRU	D	-0.4%
SN	D	-0.39%
LDOS	C	-0.38%
CVNA	B	-0.38%
DUK	C	-0.35%
LUMN	C	-0.32%
VST	B	-0.31%
WMB	A	-0.3%
OKE	A	-0.3%
SHW	A	-0.29%
CEG	D	-0.29%
KMI	A	-0.28%
PEG	A	-0.28%
WELL	A	-0.28%
AEP	D	-0.28%
TRGP	B	-0.27%
SPG	B	-0.25%
FRPT	B	-0.24%
NRG	B	-0.24%
TPL	A	-0.24%
PSA	D	-0.24%
DLR	B	-0.24%
SFM	A	-0.24%
ECL	D	-0.23%
CBRE	B	-0.21%
NEM	D	-0.2%
DTM	B	-0.2%
EXR	D	-0.2%
IRM	D	-0.19%
EQR	B	-0.19%
FTI	A	-0.19%
ESS	B	-0.18%
SW	A	-0.17%
JLL	D	-0.16%
CRS	A	-0.16%
PKG	A	-0.16%
IFF	D	-0.15%
SLG	B	-0.15%
VNO	B	-0.15%
LPX	B	-0.15%
ATI	D	-0.14%