QQQN vs. FLCV ETF Comparison

Comparison of VictoryShares Nasdaq Next 50 ETF (QQQN) to Trust Federated Hermes MDT Large Cap Value ETF (FLCV)

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

FLCV

Trust Federated Hermes MDT Large Cap Value ETF

FLCV Description

The fund seeks to achieve its objective by investing primarily in the common stock of large-cap U.S. companies undervalued relative to the market. It will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in a mix of large-cap and value investments. The fund manager actively trades its portfolio securities in an attempt to achieve its investment objective.

Grade (RS Rating)

Last Trade

$28.13

Average Daily Volume

2,191

Number of Holdings ^*

120

* may have additional holdings in another (foreign) market

Performance

Period	QQQN	FLCV
30 Days	3.53%	1.71%
60 Days	4.80%	5.50%
90 Days	10.05%	9.66%
12 Months	35.21%

7 Overlapping Holdings

Symbol	Grade	Weight in QQQN	Weight in FLCV	Overlap
ALNY	D	3.68%	0.04%	0.04%
APP	A	4.61%	1.23%	1.23%
EBAY	D	3.03%	0.45%	0.45%
NTAP	D	2.37%	0.27%	0.27%
NTNX	B	1.45%	1.33%	1.33%
UAL	A	2.36%	0.12%	0.12%
ZM	B	1.86%	1.22%	1.22%

QQQN Overweight 42 Positions Relative to FLCV

Symbol	Grade	Weight
MSTR	A	3.64%
MPWR	F	3.59%
AXON	A	3.25%
TSCO	D	3.07%
CHKP	D	2.26%
ICLR	F	2.26%
WDC	F	2.23%
TCOM	B	2.22%
PTC	B	2.16%
STX	D	2.12%
FSLR	D	2.01%
TER	F	1.98%
STLD	B	1.94%
EXPE	A	1.92%
ZBRA	B	1.86%
HOLX	D	1.84%
SSNC	C	1.81%
ARGX	B	1.77%
VRSN	F	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	F	1.52%
AKAM	F	1.52%
UTHR	C	1.52%
ALGN	C	1.51%
SNY	D	1.51%
SWKS	F	1.48%
NTRA	B	1.43%
NDSN	C	1.39%
BSY	D	1.39%
CPB	D	1.37%
BMRN	F	1.3%
BNTX	D	1.06%
ENPH	F	1.04%
NWSA	B	0.95%
FOXA	B	0.92%
FOX	A	0.88%
NWS	B	0.51%

QQQN Underweight 113 Positions Relative to FLCV

Symbol	Grade	Weight
VLTO	D	-2.54%
GDDY	A	-2.49%
AMP	A	-2.47%
PRU	A	-2.45%
PM	A	-2.29%
JNJ	D	-2.27%
IBKR	A	-2.18%
ABBV	F	-2.11%
GEV	B	-1.98%
FTNT	B	-1.95%
KMB	C	-1.83%
TRV	A	-1.8%
GILD	B	-1.75%
EXC	C	-1.57%
EOG	A	-1.52%
LNG	A	-1.49%
PGR	B	-1.49%
ALSN	A	-1.48%
STT	A	-1.47%
BK	A	-1.45%
OTIS	C	-1.41%
CL	C	-1.35%
PPG	D	-1.32%
HPE	B	-1.31%
TT	A	-1.28%
SLG	B	-1.26%
EA	A	-1.25%
UNP	D	-1.23%
SBAC	C	-1.2%
KR	B	-1.19%
HIG	A	-1.17%
SN	D	-1.17%
KRC	C	-1.16%
TDG	D	-1.16%
ICE	C	-1.16%
UNH	B	-1.14%
NTRS	A	-1.11%
WM	B	-1.09%
INCY	B	-0.98%
GAP	C	-0.97%
JPM	A	-0.96%
ILMN	C	-0.96%
AON	A	-0.88%
CMCSA	B	-0.87%
BRK.A	A	-0.86%
BERY	C	-0.85%
ELAN	D	-0.84%
WFC	A	-0.83%
CAT	B	-0.83%
DVN	F	-0.82%
QCOM	F	-0.81%
MPC	C	-0.8%
RCL	A	-0.76%
NEM	F	-0.76%
ABT	A	-0.75%
PEP	F	-0.75%
CVX	A	-0.72%
AMGN	F	-0.72%
BPOP	D	-0.72%
PVH	C	-0.66%
AAP	C	-0.61%
T	A	-0.57%
MAN	F	-0.56%
ED	D	-0.55%
FMC	F	-0.54%
CAH	A	-0.53%
VST	A	-0.53%
NUE	D	-0.49%
TJX	A	-0.45%
PSX	C	-0.44%
WEC	A	-0.42%
ELV	F	-0.42%
BIIB	F	-0.36%
CRBG	B	-0.36%
CI	D	-0.34%
ZTS	D	-0.32%
GE	D	-0.32%
OMC	C	-0.32%
CNC	F	-0.32%
FNF	C	-0.32%
IBM	D	-0.27%
TFX	F	-0.27%
TAP	B	-0.26%
DXC	D	-0.26%
REGN	F	-0.26%
ETN	B	-0.24%
HUM	D	-0.22%
AA	A	-0.21%
CEG	D	-0.2%
XRAY	F	-0.18%
GLPI	C	-0.18%
MCD	D	-0.17%
PAYC	B	-0.17%
NOC	D	-0.17%
PNR	A	-0.17%
MRK	F	-0.16%
GM	B	-0.15%
EIX	C	-0.15%
VZ	C	-0.14%
PFG	A	-0.14%
DTM	A	-0.13%
DUK	C	-0.11%
ACGL	D	-0.1%
AGCO	D	-0.1%
HCA	F	-0.1%
FTI	A	-0.08%
SNX	C	-0.07%
LDOS	C	-0.06%
CHRW	A	-0.05%
MMM	D	-0.04%
DIS	B	-0.04%
QRVO	F	-0.03%
TGT	C	-0.03%