RAFE vs. ULVM ETF Comparison

Comparison of PIMCO RAFI ESG U.S. ETF (RAFE) to VictoryShares USAA MSCI USA Value Momentum ETF (ULVM)

RAFE

PIMCO RAFI ESG U.S. ETF

RAFE Description

The investment seeks to provide total return that closely corresponds, before fees and expenses, to the total return of the RAFI ESG US Index. The fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its total assets in the component securities of the RAFI ESG US Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach within publicly traded U.S. equities to create an integrated ESG strategy which overweights companies that rate well across various ESG themes and excludes companies with a major involvement in industries such as tobacco, gaming, weapons and fossil fuels.

Grade (RS Rating)

Last Trade

$37.82

Average Daily Volume

12,485

Number of Holdings ^*

237

* 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

$86.63

Average Daily Volume

2,586

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

Performance

Period	RAFE	ULVM
30 Days	1.92%	6.04%
60 Days	3.06%	7.87%
90 Days	4.90%	10.00%
12 Months	24.12%	37.10%

57 Overlapping Holdings

Symbol	Grade	Weight in RAFE	Weight in ULVM	Overlap
ADM	D	0.26%	0.44%	0.26%
AVB	B	0.13%	0.99%	0.13%
AVGO	D	1.07%	0.43%	0.43%
AXP	A	0.51%	0.91%	0.51%
BAC	A	0.68%	0.93%	0.68%
BK	A	0.16%	1.23%	0.16%
BSX	B	0.09%	1.18%	0.09%
C	A	2.61%	0.83%	0.83%
CBRE	B	0.3%	0.77%	0.3%
CI	F	1.09%	0.88%	0.88%
CNC	D	0.11%	0.54%	0.11%
CTSH	B	0.15%	0.97%	0.15%
CVS	D	0.32%	0.56%	0.32%
DD	D	0.48%	0.68%	0.48%
DELL	C	0.11%	0.34%	0.11%
DGX	A	0.05%	0.92%	0.05%
DOW	F	0.42%	0.82%	0.42%
ELV	F	0.76%	0.71%	0.71%
EQH	B	0.05%	0.93%	0.05%
ESS	B	0.04%	0.88%	0.04%
F	C	0.92%	0.48%	0.48%
FDX	B	0.35%	0.6%	0.35%
FI	A	0.22%	1.36%	0.22%
FITB	A	0.1%	0.78%	0.1%
FOXA	B	0.15%	1.04%	0.15%
GM	B	1.79%	0.76%	0.76%
GS	A	0.8%	0.98%	0.8%
HCA	F	0.08%	0.7%	0.08%
HIG	B	0.21%	0.99%	0.21%
HPE	B	0.56%	0.59%	0.56%
HPQ	B	0.58%	0.6%	0.58%
IBM	C	1.45%	0.84%	0.84%
INTC	D	2.33%	0.41%	0.41%
IP	B	0.34%	0.73%	0.34%
IRM	D	0.15%	0.77%	0.15%
JPM	A	3.18%	1.05%	1.05%
KHC	F	0.17%	0.83%	0.17%
KIM	A	0.05%	0.84%	0.05%
LLY	F	0.6%	0.51%	0.51%
MCK	B	0.34%	0.95%	0.34%
META	D	0.98%	0.53%	0.53%
MU	D	0.84%	0.41%	0.41%
NTAP	C	0.22%	0.57%	0.22%
NVDA	C	0.88%	0.42%	0.42%
NWSA	B	0.06%	0.9%	0.06%
OC	A	0.17%	0.72%	0.17%
PFE	D	1.92%	0.68%	0.68%
PKG	A	0.12%	1.13%	0.12%
T	A	1.86%	1.07%	1.07%
TSN	B	0.05%	0.89%	0.05%
VTRS	A	0.07%	0.71%	0.07%
VZ	C	1.29%	0.88%	0.88%
WAB	B	0.07%	1.05%	0.07%
WDC	D	0.3%	0.46%	0.3%
WELL	A	0.26%	1.2%	0.26%
WFC	A	2.2%	0.94%	0.94%
WY	D	0.21%	0.84%	0.21%

RAFE Overweight 180 Positions Relative to ULVM

Symbol	Grade	Weight
AAPL	C	5.06%
MSFT	F	4.52%
JNJ	D	2.55%
CSCO	B	2.39%
PG	A	2.18%
BMY	B	1.6%
HD	A	1.4%
MRK	F	1.39%
ORCL	B	1.33%
QCOM	F	1.29%
CMCSA	B	1.28%
ABBV	D	1.26%
AMGN	D	0.98%
LOW	D	0.95%
ABT	B	0.93%
LIN	D	0.91%
TGT	F	0.91%
MMM	D	0.88%
GILD	C	0.87%
V	A	0.86%
DIS	B	0.85%
ACN	C	0.78%
KO	D	0.78%
AMAT	F	0.71%
TXN	C	0.7%
MA	C	0.63%
MET	A	0.55%
PYPL	B	0.51%
UNH	C	0.5%
ADBE	C	0.5%
CRM	B	0.49%
ALL	A	0.46%
JCI	C	0.45%
LRCX	F	0.43%
DE	A	0.43%
UPS	C	0.42%
NKE	D	0.4%
PRU	A	0.4%
BBY	D	0.4%
TSLA	B	0.39%
DHR	F	0.38%
TJX	A	0.38%
ADP	B	0.37%
TMUS	B	0.37%
NEM	D	0.36%
WM	A	0.35%
EBAY	D	0.33%
HUM	C	0.33%
APD	A	0.32%
ADI	D	0.31%
CARR	D	0.3%
CL	D	0.29%
FIS	C	0.29%
BDX	F	0.27%
GIS	D	0.26%
ITW	B	0.25%
PEP	F	0.24%
BIIB	F	0.24%
MDLZ	F	0.24%
CAH	B	0.24%
MAR	B	0.23%
KMB	D	0.23%
EA	A	0.23%
LUMN	C	0.22%
GEHC	F	0.22%
STT	A	0.21%
ECL	D	0.21%
CCI	D	0.21%
SYY	B	0.2%
AMP	A	0.2%
PGR	A	0.2%
EQIX	A	0.19%
EIX	B	0.19%
PARA	C	0.18%
KLAC	D	0.18%
JLL	D	0.18%
VTR	C	0.18%
MOS	F	0.17%
PPG	F	0.17%
MSI	B	0.17%
WHR	B	0.17%
VFC	C	0.16%
PFG	D	0.16%
JNPR	F	0.16%
CMI	A	0.16%
GWW	B	0.15%
AMT	D	0.15%
BAX	D	0.15%
LH	C	0.15%
K	A	0.14%
SHW	A	0.13%
EQR	B	0.13%
BALL	D	0.13%
A	D	0.13%
MCO	B	0.13%
DVA	B	0.13%
DG	F	0.12%
OMC	C	0.12%
HLT	A	0.12%
CF	B	0.12%
EW	C	0.12%
ARW	D	0.12%
KSS	F	0.12%
ISRG	A	0.11%
MRVL	B	0.11%
COR	B	0.11%
ZTS	D	0.11%
KDP	D	0.11%
TPR	B	0.11%
IFF	D	0.1%
CDNS	B	0.1%
AWK	D	0.1%
FAST	B	0.1%
CDW	F	0.09%
KEYS	A	0.09%
TSCO	D	0.09%
HST	C	0.09%
PAYX	C	0.09%
SWK	D	0.09%
WAT	B	0.09%
TROW	B	0.09%
SYK	C	0.09%
EL	F	0.09%
PVH	C	0.09%
GAP	C	0.09%
OTIS	C	0.09%
DOX	D	0.08%
AVT	C	0.08%
TER	D	0.08%
WBA	F	0.08%
ON	D	0.08%
SPGI	C	0.08%
HOLX	D	0.08%
SNPS	B	0.07%
ILMN	D	0.07%
LNC	B	0.07%
LEA	D	0.07%
LKQ	D	0.07%
SOLV	C	0.07%
SJM	D	0.07%
USFD	A	0.07%
HUN	F	0.06%
CAG	D	0.06%
NTRS	A	0.06%
MAA	B	0.06%
AKAM	D	0.06%
DXC	B	0.06%
GPC	D	0.06%
PLD	D	0.06%
NFLX	A	0.06%
DOV	A	0.05%
KD	B	0.05%
HSY	F	0.05%
CHD	B	0.05%
NDAQ	A	0.05%
AMD	F	0.05%
GT	C	0.05%
MCHP	D	0.05%
NWL	B	0.04%
FLEX	A	0.04%
ORLY	B	0.04%
HAS	D	0.04%
XRX	F	0.04%
MHK	D	0.04%
CTVA	C	0.04%
ROK	B	0.04%
CPB	D	0.04%
HSIC	B	0.04%
FL	F	0.04%
WU	D	0.03%
AAP	C	0.03%
AGCO	D	0.03%
OGN	D	0.03%
GEN	B	0.03%
RSG	A	0.03%
ANET	C	0.02%
MAN	D	0.02%
M	D	0.02%
HRL	D	0.01%
O	D	0.01%

RAFE Underweight 68 Positions Relative to ULVM

Symbol	Grade	Weight
KMI	A	-1.42%
BRK.A	B	-1.39%
L	A	-1.28%
ETR	B	-1.25%
TRGP	B	-1.22%
LMT	D	-1.21%
WMT	A	-1.18%
PEG	A	-1.18%
GD	F	-1.17%
DUK	C	-1.16%
LDOS	C	-1.11%
SSNC	B	-1.03%
RTX	C	-1.03%
KR	B	-1.0%
GDDY	A	-0.98%
APP	B	-0.95%
COST	B	-0.95%
AIG	B	-0.93%
COF	B	-0.93%
DAL	C	-0.91%
MLM	B	-0.9%
UAL	A	-0.89%
VICI	C	-0.89%
RGA	A	-0.87%
LYB	F	-0.86%
SPG	B	-0.86%
GRMN	B	-0.85%
EXC	C	-0.85%
SYF	B	-0.83%
APH	A	-0.82%
IR	B	-0.81%
EME	C	-0.79%
STLD	B	-0.78%
TXT	D	-0.78%
CSL	C	-0.77%
NVR	D	-0.77%
TFC	A	-0.74%
GOOGL	C	-0.74%
KKR	A	-0.72%
REGN	F	-0.72%
CASY	A	-0.71%
FANG	D	-0.7%
PSX	C	-0.7%
FCNCA	A	-0.69%
UTHR	C	-0.68%
GE	D	-0.67%
CFG	B	-0.67%
CRBG	B	-0.67%
HWM	A	-0.64%
KEY	B	-0.63%
VLO	C	-0.62%
VST	B	-0.61%
PHM	D	-0.59%
ARE	D	-0.58%
MPC	D	-0.58%
MSTR	C	-0.58%
URI	B	-0.57%
THC	D	-0.56%
LEN	D	-0.55%
TOL	B	-0.54%
ALLY	C	-0.49%
VRT	B	-0.49%
DHI	D	-0.47%
BLDR	D	-0.42%
SWKS	F	-0.39%
WSM	B	-0.39%
CVNA	B	-0.38%
MRNA	F	-0.16%