QQQN vs. AADR ETF Comparison

Comparison of VictoryShares Nasdaq Next 50 ETF (QQQN) to WCM BNY Mellon Focused Growth ADR ETF (AADR)

QQQN

VictoryShares Nasdaq Next 50 ETF

QQQN Description

The investment seeks to provide investment results that track the performance of the Nasdaq Q-50 Index before fees and expenses. The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities in the index. The index is composed of the 50 largest nonfinancial domestic and international companies listed on The Nasdaq Stock Market based on market capitalization after excluding the companies included in the Nasdaq-100 Index.

Grade (RS Rating)

Last Trade

$31.65

Average Daily Volume

6,312

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AADR

WCM BNY Mellon Focused Growth ADR ETF

AADR Description

The investment seeks long-term capital appreciation above international benchmarks such as the BNY Mellon Classic ADR Index, the fund's primary benchmark, and the MSCI EAFE Index, the fund's secondary benchmark. The sub-advisor seeks to achieve the fund's investment objective by selecting primarily a portfolio of U.S.-traded securities of non-U.S. organizations, most often American Depositary Receipts ("ADRs"), included in the BNY Mellon Classic ADR Index. The fund's investment focus follows the Sub-Advisor's core philosophy of investing in industry-leading non-U.S. organizations led by visionary management teams with sound business strategies.

Grade (RS Rating)

Last Trade

$67.45

Average Daily Volume

894

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QQQN	AADR
30 Days	3.53%	2.78%
60 Days	4.80%	6.23%
90 Days	10.05%	8.46%
12 Months	35.21%	30.70%

2 Overlapping Holdings

	Symbol	Grade	Weight in QQQN	Weight in AADR	Overlap
	CHKP	C	2.26%	2.09%	2.09%
	TCOM	B	2.22%	1.74%	1.74%

QQQN Overweight 47 Positions Relative to AADR

Symbol	Grade	Weight
APP	B	4.61%
ALNY	D	3.68%
MSTR	B	3.64%
MPWR	F	3.59%
AXON	A	3.25%
TSCO	D	3.07%
EBAY	D	3.03%
NTAP	C	2.37%
UAL	A	2.36%
ICLR	D	2.26%
WDC	D	2.23%
PTC	B	2.16%
STX	C	2.12%
FSLR	F	2.01%
TER	F	1.98%
STLD	B	1.94%
EXPE	B	1.92%
ZM	C	1.86%
ZBRA	B	1.86%
HOLX	D	1.84%
SSNC	B	1.81%
ARGX	B	1.77%
VRSN	C	1.77%
JBHT	C	1.74%
DKNG	B	1.73%
ULTA	F	1.68%
GEN	B	1.61%
MANH	D	1.61%
LNT	A	1.55%
ENTG	D	1.52%
AKAM	D	1.52%
UTHR	C	1.52%
ALGN	D	1.51%
SNY	F	1.51%
SWKS	F	1.48%
NTNX	B	1.45%
NTRA	A	1.43%
NDSN	B	1.39%
BSY	F	1.39%
CPB	D	1.37%
BMRN	F	1.3%
BNTX	C	1.06%
ENPH	F	1.04%
NWSA	A	0.95%
FOXA	A	0.92%
FOX	A	0.88%
NWS	A	0.51%

QQQN Underweight 24 Positions Relative to AADR

Symbol	Grade	Weight
YPF	B	-6.36%
GGAL	B	-5.56%
NVO	F	-4.85%
BMA	C	-4.69%
ERJ	A	-4.36%
PAM	A	-3.96%
ABBV	F	-3.64%
MUFG	B	-3.6%
QFIN	A	-3.05%
SAP	B	-3.04%
VRNA	B	-2.9%
BCS	A	-2.74%
RELX	D	-2.72%
BBVA	D	-2.68%
MELI	C	-2.68%
SE	A	-2.63%
ERIC	C	-2.58%
SMFG	B	-2.54%
HMY	D	-2.49%
TSM	B	-2.36%
ING	F	-2.13%
TEVA	C	-2.13%
NVS	F	-2.03%
FUTU	D	-1.79%