SMDY vs. USVM ETF Comparison

Comparison of Syntax Stratified MidCap ETF (SMDY) to VictoryShares USAA MSCI USA Small Cap Value Momentum ETF (USVM)

SMDY

Syntax Stratified MidCap ETF

SMDY Description

The investment seeks to provide investment results that, before expenses, correspond generally to the total return performance of publicly traded equity securities of companies comprising the Syntax Stratified MidCap Index. Under normal market conditions, the fund generally invests substantially all, and at least 95%, of its total assets in the securities comprising the index. The index, which was created by Syntax LLC, an affiliate of the fund's investment adviser, is the stratified-weight version of the widely used S&P MidCap 400® Index and holds the same constituents as the S&P MidCap 400 Index.

Grade (RS Rating)

Last Trade

$44.16

Average Daily Volume

525

Number of Holdings ^*

391

* 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

$84.42

Average Daily Volume

12,873

Number of Holdings ^*

274

* may have additional holdings in another (foreign) market

Performance

Period	SMDY	USVM
30 Days	0.32%	0.61%
60 Days	0.23%	6.51%
90 Days	3.92%	9.29%
12 Months	21.05%	35.31%

82 Overlapping Holdings

Symbol	Grade	Weight in SMDY	Weight in USVM	Overlap
AMKR	F	0.48%	0.22%	0.22%
AN	C	0.44%	0.35%	0.35%
ANF	F	0.17%	0.18%	0.17%
ARW	C	0.08%	0.51%	0.08%
ASB	F	0.39%	0.38%	0.38%
AVT	C	0.07%	0.49%	0.07%
AZTA	F	0.33%	0.32%	0.32%
BCO	C	0.19%	0.47%	0.19%
BHF	F	0.33%	0.33%	0.33%
CACI	A	0.19%	0.67%	0.19%
CAR	D	0.34%	0.2%	0.2%
CHK	D	0.06%	0.52%	0.06%
CHRD	F	0.06%	0.41%	0.06%
CIVI	F	0.06%	0.31%	0.06%
CLF	D	0.13%	0.3%	0.13%
CLH	C	0.19%	0.47%	0.19%
CMC	D	0.17%	0.42%	0.17%
CNM	F	0.06%	0.3%	0.06%
CNO	C	0.41%	0.45%	0.41%
CNX	A	0.09%	0.49%	0.09%
COHR	B	0.15%	0.24%	0.15%
COKE	B	0.53%	0.32%	0.32%
CRUS	D	0.44%	0.24%	0.24%
CUZ	C	0.12%	0.42%	0.12%
CVLT	C	0.38%	0.3%	0.3%
CW	A	0.08%	0.59%	0.08%
DKS	D	0.27%	0.26%	0.26%
DTM	A	0.24%	0.68%	0.24%
EHC	B	0.25%	0.59%	0.25%
ENOV	F	0.35%	0.36%	0.35%
ESAB	C	0.32%	0.46%	0.32%
ESNT	C	0.32%	0.54%	0.32%
EVR	C	0.17%	0.45%	0.17%
EXEL	B	0.48%	0.41%	0.41%
FIX	A	0.17%	0.3%	0.17%
FYBR	C	1.55%	0.38%	0.38%
GAP	F	0.23%	0.19%	0.19%
GEF	D	0.05%	0.47%	0.05%
GHC	B	0.35%	0.44%	0.35%
GT	F	0.07%	0.25%	0.07%
H	C	0.09%	0.46%	0.09%
HALO	D	0.45%	0.3%	0.3%
HRB	C	0.34%	0.39%	0.34%
INGR	A	0.33%	0.67%	0.33%
JEF	A	0.22%	0.49%	0.22%
JLL	B	0.17%	0.38%	0.17%
KBH	C	0.46%	0.32%	0.32%
KBR	C	0.14%	0.61%	0.14%
KEX	C	0.23%	0.43%	0.23%
KRC	C	0.11%	0.34%	0.11%
LPX	A	0.14%	0.33%	0.14%
M	F	0.23%	0.25%	0.23%
MDU	C	0.14%	0.63%	0.14%
MEDP	F	0.31%	0.26%	0.26%
MTG	B	0.34%	0.51%	0.34%
MTSI	B	0.45%	0.34%	0.34%
MUSA	D	0.21%	0.44%	0.21%
NFG	A	0.23%	0.57%	0.23%
NXST	D	0.31%	0.33%	0.31%
ONTO	B	0.4%	0.23%	0.23%
ORI	B	0.19%	0.59%	0.19%
OVV	F	0.06%	0.36%	0.06%
PBF	F	0.15%	0.27%	0.15%
PK	D	0.1%	0.37%	0.1%
POST	C	0.47%	0.61%	0.47%
PR	F	0.07%	0.37%	0.07%
PRGO	F	0.39%	0.3%	0.3%
PVH	F	0.24%	0.28%	0.24%
R	C	0.17%	0.41%	0.17%
SBRA	C	0.73%	0.58%	0.58%
SF	A	0.43%	0.56%	0.43%
SFM	A	0.4%	0.35%	0.35%
SNX	C	0.07%	0.48%	0.07%
SWX	C	0.21%	0.48%	0.21%
TGNA	B	0.32%	0.45%	0.32%
TMHC	C	0.46%	0.36%	0.36%
TXRH	A	0.58%	0.5%	0.5%
UAA	B	0.17%	0.3%	0.17%
UGI	C	0.23%	0.35%	0.23%
UNM	A	0.37%	0.68%	0.37%
VSH	F	0.1%	0.35%	0.1%
WING	B	0.58%	0.36%	0.36%

SMDY Overweight 309 Positions Relative to USVM

Symbol	Grade	Weight
SMG	A	2.01%
COTY	F	1.55%
DOCS	A	1.52%
CIEN	A	1.42%
LITE	A	1.41%
IRDM	B	1.23%
ZD	D	0.98%
DT	C	0.84%
OHI	C	0.69%
QLYS	F	0.67%
THC	C	0.66%
ACHC	F	0.65%
ARMK	A	0.62%
WEN	D	0.58%
LNW	F	0.54%
DLB	D	0.52%
LAD	C	0.51%
UTHR	C	0.5%
ERIE	A	0.5%
TOL	A	0.47%
PAG	D	0.47%
ILMN	B	0.45%
BRBR	C	0.45%
WBS	D	0.43%
SLAB	D	0.42%
IBKR	A	0.42%
RGEN	F	0.42%
PSTG	F	0.41%
SRPT	F	0.4%
CYTK	F	0.39%
NVST	D	0.39%
GMED	D	0.39%
LSCC	D	0.38%
PRI	A	0.38%
JAZZ	F	0.38%
POWI	F	0.37%
MANH	C	0.37%
LIVN	B	0.36%
DUOL	B	0.36%
ALGM	F	0.36%
MKSI	F	0.36%
FNF	A	0.35%
PCTY	B	0.35%
WEX	C	0.35%
SYNA	D	0.35%
KMPR	D	0.34%
RNR	A	0.34%
PPC	B	0.34%
DBX	B	0.34%
NBIX	F	0.34%
BURL	D	0.33%
USFD	C	0.33%
HAE	D	0.33%
MIDD	D	0.33%
CPRI	B	0.33%
FAF	B	0.33%
AMG	B	0.33%
BMRN	F	0.33%
EQH	C	0.33%
PFGC	A	0.32%
BLKB	C	0.32%
FHI	C	0.32%
JHG	C	0.32%
ARWR	F	0.31%
MORN	C	0.31%
TKO	A	0.31%
RMBS	F	0.3%
VOYA	A	0.3%
JWN	D	0.3%
NYT	A	0.3%
RGA	C	0.3%
CG	C	0.3%
LECO	D	0.29%
CRI	D	0.29%
LOPE	D	0.29%
SEIC	B	0.29%
APPF	C	0.29%
MMS	B	0.29%
SAM	D	0.28%
TEX	F	0.28%
FLO	D	0.28%
ALTR	B	0.28%
DAR	F	0.28%
NWE	B	0.27%
PNM	B	0.27%
IDA	C	0.27%
WMG	D	0.27%
COLM	B	0.27%
OGE	A	0.27%
MSA	F	0.27%
WU	D	0.27%
AGCO	D	0.26%
TDC	D	0.26%
BJ	D	0.26%
HQY	C	0.26%
ST	F	0.26%
POR	C	0.26%
EEFT	F	0.26%
OSK	F	0.26%
SLM	C	0.26%
TTC	D	0.25%
OGS	C	0.25%
OPCH	F	0.25%
SKX	B	0.25%
LANC	F	0.25%
NSP	F	0.25%
CROX	C	0.25%
AYI	A	0.24%
PLNT	B	0.24%
OLLI	C	0.24%
SHC	C	0.24%
VNT	F	0.24%
ORA	C	0.24%
CGNX	F	0.24%
ALE	A	0.24%
BKH	C	0.24%
ZI	F	0.24%
THO	B	0.24%
HOG	D	0.24%
BC	D	0.23%
FIVE	D	0.23%
RH	C	0.23%
SAIC	A	0.23%
IPGP	D	0.23%
SCI	C	0.23%
NJR	C	0.23%
G	A	0.23%
SR	C	0.23%
EXLS	A	0.23%
AMED	D	0.23%
ALLY	F	0.22%
NSA	C	0.22%
CELH	F	0.22%
AM	A	0.22%
GME	F	0.22%
CASY	D	0.22%
CUBE	C	0.22%
PII	D	0.22%
WSM	B	0.21%
RYAN	A	0.21%
WTRG	D	0.21%
CHE	C	0.21%
LFUS	C	0.21%
ELS	D	0.21%
IRT	C	0.21%
THG	C	0.2%
ENS	D	0.2%
CNXC	F	0.2%
AMH	D	0.2%
LNTH	C	0.2%
MP	B	0.19%
GNTX	D	0.19%
KNX	D	0.19%
PEN	D	0.19%
VC	F	0.19%
DINO	F	0.18%
LII	C	0.18%
GXO	D	0.18%
SRCL	B	0.18%
NVT	D	0.18%
LSTR	D	0.18%
SAIA	D	0.18%
RGLD	C	0.18%
XPO	F	0.18%
AVTR	D	0.18%
XRAY	D	0.18%
WHR	B	0.17%
MAT	D	0.17%
AFG	C	0.17%
TPX	C	0.17%
KD	F	0.17%
EXPO	A	0.17%
RS	D	0.17%
CHX	D	0.17%
FLR	D	0.17%
RBA	D	0.17%
HLI	C	0.17%
BRKR	D	0.16%
RCM	B	0.16%
ELF	F	0.16%
EXP	C	0.16%
TTEK	B	0.16%
FCN	C	0.16%
NOV	F	0.16%
KNF	C	0.16%
ACM	C	0.16%
UA	B	0.16%
KNSL	D	0.16%
MTZ	B	0.16%
X	F	0.16%
RLI	A	0.16%
EME	C	0.15%
YETI	B	0.15%
FND	C	0.15%
AA	B	0.15%
SIGI	D	0.15%
NOVT	C	0.14%
PCH	C	0.14%
MAN	D	0.14%
UMBF	C	0.14%
VNO	A	0.14%
PGNY	F	0.14%
BDC	B	0.14%
ASGN	D	0.14%
GATX	F	0.14%
BYD	C	0.14%
MASI	B	0.14%
BLD	C	0.14%
GLPI	A	0.14%
NEOG	D	0.14%
TCBI	C	0.13%
VAL	F	0.13%
RYN	C	0.13%
OLED	C	0.13%
WFRD	F	0.13%
CFR	D	0.12%
WTFC	D	0.12%
CHDN	D	0.12%
HWC	D	0.12%
TREX	D	0.12%
CBSH	D	0.12%
RPM	A	0.11%
AVNT	C	0.11%
CHH	B	0.11%
FHN	D	0.11%
DCI	B	0.1%
AAON	A	0.1%
TNL	B	0.1%
GGG	B	0.1%
LEA	F	0.1%
AXTA	C	0.1%
WTS	C	0.1%
RBC	C	0.1%
FLS	A	0.1%
CBT	B	0.1%
WH	C	0.1%
SSD	B	0.09%
CSL	A	0.09%
FR	C	0.09%
HGV	F	0.09%
HXL	F	0.09%
RRX	C	0.09%
MTN	D	0.09%
HELE	D	0.09%
VMI	B	0.09%
ATR	A	0.09%
WLK	C	0.09%
ADNT	D	0.09%
VVV	D	0.09%
WWD	B	0.08%
BWXT	A	0.08%
BRX	C	0.08%
ADC	B	0.08%
OC	C	0.08%
FFIN	D	0.08%
EGP	D	0.08%
VLY	C	0.08%
WMS	D	0.08%
NEU	F	0.08%
AIT	B	0.08%
STAG	D	0.08%
MSM	D	0.08%
ALV	F	0.08%
VAC	D	0.08%
ITT	B	0.08%
COLB	C	0.08%
GTLS	F	0.08%
TKR	D	0.08%
REXR	D	0.08%
SSB	C	0.08%
TPL	B	0.08%
OLN	D	0.08%
WPC	C	0.08%
ASH	F	0.08%
OZK	F	0.07%
CACC	F	0.07%
ZION	D	0.07%
HOMB	D	0.07%
ONB	D	0.07%
CADE	D	0.07%
UFPI	C	0.07%
SWN	D	0.07%
UBSI	D	0.07%
NNN	A	0.07%
SNV	D	0.07%
EWBC	D	0.07%
CR	B	0.07%
GBCI	C	0.07%
KRG	C	0.07%
CC	D	0.07%
EPR	C	0.07%
LAMR	C	0.07%
PB	D	0.07%
PNFP	D	0.07%
CCK	C	0.06%
WCC	C	0.06%
AR	B	0.06%
BERY	C	0.06%
SLGN	C	0.06%
RRC	D	0.06%
STWD	C	0.06%
FNB	D	0.06%
MUR	F	0.06%
IBOC	D	0.06%
MTDR	F	0.06%
SON	D	0.05%
GPK	C	0.05%
WOLF	F	0.04%
WSO	C	0.04%

SMDY Underweight 192 Positions Relative to USVM

Symbol	Grade	Weight
CTRE	B	-0.65%
NHI	C	-0.58%
INVA	B	-0.57%
AXS	A	-0.54%
ENSG	D	-0.53%
AKR	C	-0.52%
TAP	D	-0.51%
GVA	A	-0.51%
SEB	D	-0.51%
PINC	F	-0.49%
FFIV	B	-0.48%
AGO	B	-0.47%
PBH	D	-0.46%
SNDR	C	-0.46%
AWI	A	-0.46%
CSWI	B	-0.46%
UHS	D	-0.45%
BPOP	D	-0.45%
GNW	C	-0.45%
STC	C	-0.44%
IIPR	C	-0.44%
CALM	B	-0.44%
RDN	D	-0.44%
DVA	C	-0.44%
GWRE	A	-0.43%
ACIW	B	-0.42%
GPOR	B	-0.42%
ALSN	A	-0.42%
COOP	B	-0.42%
KFY	C	-0.42%
HNI	B	-0.42%
FSS	B	-0.41%
ESRT	C	-0.41%
MATX	C	-0.41%
PIPR	B	-0.41%
PSN	A	-0.41%
LRN	C	-0.41%
INSW	B	-0.4%
ITGR	C	-0.4%
PLXS	B	-0.4%
ADUS	D	-0.4%
PATK	C	-0.4%
BTU	B	-0.39%
RL	B	-0.39%
VCTR	B	-0.39%
GMS	C	-0.39%
DY	C	-0.39%
MOG.A	A	-0.39%
MLI	C	-0.39%
SPB	C	-0.38%
CWEN	C	-0.38%
VSTO	D	-0.38%
JBGS	C	-0.38%
UVV	D	-0.38%
NSIT	B	-0.37%
PEB	D	-0.37%
GPI	C	-0.37%
NAVI	D	-0.37%
IVZ	A	-0.37%
RUSHA	D	-0.36%
SKYW	B	-0.36%
BIO	B	-0.36%
MCY	B	-0.36%
ANDE	D	-0.36%
NMRK	A	-0.35%
AROC	B	-0.35%
AL	D	-0.35%
MOS	D	-0.35%
ENVA	D	-0.35%
IAC	C	-0.35%
GBX	C	-0.35%
ARI	F	-0.35%
HIW	C	-0.35%
CNK	C	-0.34%
TPH	C	-0.34%
WGO	D	-0.33%
LMAT	B	-0.33%
LZB	C	-0.33%
GIII	C	-0.33%
LNC	D	-0.33%
BOOT	A	-0.33%
LEVI	B	-0.33%
PRIM	C	-0.33%
DDS	D	-0.33%
GRBK	C	-0.33%
PLUS	C	-0.33%
VRNS	C	-0.33%
DEI	A	-0.33%
CRL	F	-0.32%
AEO	B	-0.32%
PHIN	C	-0.32%
AZZ	C	-0.32%
AMWD	B	-0.32%
ROAD	C	-0.32%
JXN	A	-0.31%
ADTN	B	-0.31%
ABG	D	-0.31%
SOLV	C	-0.31%
NTCT	B	-0.3%
RDNT	C	-0.3%
WTTR	C	-0.3%
TTMI	D	-0.3%
CRS	C	-0.3%
SEM	D	-0.3%
MAC	C	-0.3%
SCS	D	-0.3%
VIRT	B	-0.3%
BCC	C	-0.3%
MHO	C	-0.29%
SLG	C	-0.29%
NTRA	A	-0.29%
CCS	C	-0.29%
QTWO	C	-0.29%
MTH	C	-0.29%
UCTT	D	-0.28%
MHK	B	-0.28%
ALKT	D	-0.28%
STRL	B	-0.27%
REZI	D	-0.27%
SLVM	C	-0.27%
QRVO	F	-0.27%
COLL	B	-0.27%
MODG	F	-0.27%
NATL	D	-0.27%
SAH	D	-0.27%
BHE	C	-0.27%
ATGE	D	-0.27%
AMRX	B	-0.26%
CXW	F	-0.26%
BKD	D	-0.26%
DXC	D	-0.26%
SM	F	-0.26%
GES	F	-0.26%
SANM	D	-0.25%
GEO	F	-0.25%
GKOS	B	-0.25%
PI	B	-0.25%
LPG	F	-0.25%
CAL	F	-0.25%
HCC	B	-0.25%
ZETA	B	-0.25%
PRDO	D	-0.25%
VECO	F	-0.25%
MSGE	A	-0.24%
OGN	F	-0.24%
LGND	D	-0.24%
VITL	B	-0.24%
CORT	B	-0.24%
XRX	D	-0.24%
UFPT	D	-0.23%
CUBI	F	-0.23%
JBLU	B	-0.22%
MOD	B	-0.22%
SATS	C	-0.22%
KSS	D	-0.22%
OMI	F	-0.22%
PLAB	D	-0.21%
ADMA	C	-0.21%
VERX	A	-0.21%
CRNX	C	-0.21%
FORM	F	-0.21%
IESC	B	-0.21%
FTRE	F	-0.2%
DFH	C	-0.2%
MPW	C	-0.2%
USM	C	-0.2%
AMR	F	-0.2%
ELAN	D	-0.2%
POWL	A	-0.19%
VSTS	D	-0.19%
ODP	F	-0.19%
LUMN	C	-0.19%
BMBL	F	-0.19%
REVG	D	-0.19%
TDS	B	-0.18%
VIR	F	-0.17%
HIMS	B	-0.17%
HTZ	F	-0.16%
HOV	D	-0.16%
AHCO	C	-0.15%
CLSK	F	-0.14%
INSM	D	-0.14%
RNA	B	-0.14%
VKTX	C	-0.14%
JANX	D	-0.14%
SOUN	D	-0.14%
HUMA	D	-0.13%
MRVI	F	-0.13%
HE	F	-0.13%
NPAB	D	-0.12%
LBPH	D	-0.12%
DYN	D	-0.11%