SMMV vs. USVM ETF Comparison

Comparison of iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) to VictoryShares USAA MSCI USA Small Cap Value Momentum ETF (USVM)

SMMV

iShares MSCI USA Small-Cap Min Vol Factor ETF

SMMV Description

iShares Edge MSCI Min Vol USA Small-Cap ETF seeks to track the investment results of an index composed of small-capitalization U.S. equities that, in the aggregate, have lower volatility characteristics relative to the small-capitalization U.S. equity market.

Grade (RS Rating)

Last Trade

$43.55

Average Daily Volume

37,673

Number of Holdings ^*

289

* 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

$89.79

Average Daily Volume

6,987

Number of Holdings ^*

278

* may have additional holdings in another (foreign) market

Performance

Period	SMMV	USVM
30 Days	5.88%	5.63%
60 Days	7.08%	6.57%
90 Days	8.51%	7.46%
12 Months	28.57%	37.15%

64 Overlapping Holdings

Symbol	Grade	Weight in SMMV	Weight in USVM	Overlap
ADMA	B	0.21%	0.22%	0.21%
ADUS	D	0.37%	0.35%	0.35%
ATGE	B	0.14%	0.31%	0.14%
AVT	C	0.34%	0.45%	0.34%
AXS	A	1.32%	0.54%	0.54%
BHE	C	0.32%	0.28%	0.28%
BTU	B	0.05%	0.39%	0.05%
CACI	D	0.81%	0.69%	0.69%
CALM	A	0.72%	0.52%	0.52%
CNX	A	0.17%	0.59%	0.17%
COKE	C	0.06%	0.29%	0.06%
COLL	F	0.18%	0.2%	0.18%
CORT	B	0.3%	0.3%	0.3%
CRNX	C	0.27%	0.23%	0.23%
CSWI	B	0.45%	0.49%	0.45%
CTRE	C	0.65%	0.6%	0.6%
CVLT	B	1.12%	0.32%	0.32%
CW	C	0.71%	0.66%	0.66%
CXW	C	0.16%	0.41%	0.16%
DTM	A	1.14%	0.8%	0.8%
EHC	B	1.08%	0.58%	0.58%
ENSG	C	1.06%	0.5%	0.5%
EXEL	B	1.73%	0.52%	0.52%
GEO	B	0.09%	0.46%	0.09%
GHC	B	0.58%	0.48%	0.48%
GPOR	B	0.3%	0.44%	0.3%
GWRE	A	0.09%	0.45%	0.09%
HALO	F	0.12%	0.29%	0.12%
HCC	B	0.16%	0.25%	0.16%
HRB	D	0.47%	0.34%	0.34%
INGR	C	0.72%	0.69%	0.69%
INSM	C	0.58%	0.13%	0.13%
INSW	F	0.31%	0.3%	0.3%
INVA	D	0.21%	0.56%	0.21%
KBR	F	0.42%	0.62%	0.42%
LMAT	A	0.12%	0.35%	0.12%
LRN	A	0.7%	0.46%	0.46%
MATX	C	0.08%	0.45%	0.08%
MCY	A	0.38%	0.4%	0.38%
MDU	D	0.59%	0.39%	0.39%
MUSA	B	1.6%	0.44%	0.44%
NSIT	F	0.3%	0.26%	0.26%
NTCT	C	0.18%	0.3%	0.18%
ORI	A	1.57%	0.59%	0.59%
PBF	D	0.06%	0.24%	0.06%
PBH	A	0.77%	0.5%	0.5%
PINC	B	0.51%	0.54%	0.51%
PLXS	B	0.11%	0.43%	0.11%
POST	C	0.77%	0.54%	0.54%
PRDO	B	0.35%	0.31%	0.31%
PRGO	C	0.15%	0.29%	0.15%
PSN	D	0.87%	0.42%	0.42%
SEB	F	0.05%	0.41%	0.05%
SFM	A	1.07%	0.45%	0.45%
SNDR	B	0.32%	0.48%	0.32%
SNX	D	0.31%	0.45%	0.31%
SWX	B	0.18%	0.46%	0.18%
TGNA	B	0.5%	0.51%	0.5%
TXRH	B	0.62%	0.53%	0.53%
UNM	A	1.16%	0.78%	0.78%
USM	B	0.11%	0.2%	0.11%
VIRT	A	0.5%	0.32%	0.32%
VITL	D	0.08%	0.19%	0.08%
WT	A	0.28%	0.39%	0.28%

SMMV Overweight 225 Positions Relative to USVM

Symbol	Grade	Weight
ATR	B	1.49%
ADC	A	1.45%
RGLD	C	1.39%
CHE	D	1.32%
RLI	A	1.25%
HQY	A	1.23%
OGE	A	1.16%
SIGI	C	1.14%
IDA	A	1.12%
RGA	A	1.11%
THG	A	1.11%
WTM	A	0.93%
RNR	C	0.93%
PNW	A	0.91%
GNTX	C	0.9%
FLO	D	0.82%
LSTR	D	0.81%
DLB	B	0.81%
CASY	A	0.79%
BWXT	B	0.78%
TXNM	A	0.75%
NEU	D	0.75%
BJ	A	0.73%
ALKS	C	0.71%
LOPE	C	0.69%
RYAN	A	0.69%
PAGP	A	0.68%
TKO	A	0.66%
CCOI	B	0.66%
MSGS	A	0.64%
NWE	B	0.64%
BRC	D	0.63%
FCN	F	0.61%
OHI	C	0.6%
WEN	D	0.6%
VNOM	A	0.59%
CCCS	B	0.59%
MSM	C	0.57%
AMED	F	0.56%
IBKR	A	0.54%
HESM	B	0.54%
PRGS	A	0.51%
POR	C	0.49%
FCFS	F	0.49%
CWAN	B	0.48%
DRS	B	0.47%
LAUR	A	0.47%
JJSF	C	0.47%
PCVX	D	0.47%
ECG	C	0.46%
ESGR	B	0.46%
MGEE	B	0.46%
IONS	F	0.45%
WERN	C	0.45%
MSA	F	0.44%
SON	F	0.43%
HURN	C	0.42%
JAZZ	B	0.42%
KNTK	A	0.42%
NYT	D	0.4%
EQC	B	0.4%
HLI	A	0.38%
AM	A	0.36%
CWST	A	0.35%
XENE	D	0.34%
BATRK	D	0.34%
REYN	D	0.33%
AGX	B	0.33%
UNF	B	0.33%
MGRC	B	0.33%
NHC	C	0.33%
AVPT	A	0.33%
HMN	B	0.33%
VRRM	F	0.32%
SKWD	A	0.32%
LANC	C	0.32%
SMPL	B	0.31%
IDCC	B	0.31%
DCI	B	0.31%
USLM	A	0.3%
GO	C	0.3%
PDCO	F	0.3%
DVAX	C	0.29%
DBX	B	0.28%
MIRM	B	0.28%
HWKN	B	0.28%
VVV	D	0.27%
EIG	B	0.26%
ALE	A	0.26%
CRAI	C	0.25%
YELP	C	0.25%
SAIC	F	0.25%
OSW	B	0.25%
SCI	B	0.25%
IDYA	F	0.24%
NJR	A	0.24%
OLLI	D	0.24%
PPC	C	0.24%
SAFT	B	0.24%
MMS	F	0.23%
ASH	F	0.23%
WABC	B	0.22%
AMSF	B	0.21%
NTST	C	0.2%
PJT	A	0.2%
AVA	A	0.2%
OPCH	D	0.19%
AWR	B	0.19%
IMKTA	C	0.19%
CHH	A	0.19%
EDR	A	0.19%
BFC	B	0.18%
RARE	F	0.18%
ATEN	A	0.18%
KRP	B	0.18%
SPNT	B	0.17%
ARCH	B	0.16%
CNXN	C	0.16%
KNSA	F	0.16%
WMK	C	0.16%
CWT	C	0.16%
CIEN	C	0.15%
ICFI	F	0.15%
IRON	B	0.15%
IDT	B	0.15%
DJCO	B	0.14%
VVX	C	0.14%
SLGN	A	0.14%
JBSS	F	0.14%
BLKB	B	0.14%
HCKT	B	0.14%
OGS	A	0.14%
HSTM	B	0.14%
GTX	C	0.13%
RGR	F	0.13%
REX	D	0.13%
LBTYK	A	0.13%
KRYS	C	0.13%
ZYME	C	0.13%
UVE	B	0.12%
SPTN	D	0.12%
SMP	C	0.12%
GPK	C	0.11%
VREX	B	0.11%
LQDT	B	0.11%
LTC	B	0.11%
ACLX	C	0.11%
NTNX	B	0.11%
SHEN	F	0.11%
CHCO	B	0.11%
SNRE	D	0.1%
MCS	B	0.1%
AGIO	C	0.1%
ALRM	C	0.1%
DHIL	B	0.1%
ACEL	C	0.1%
EBF	F	0.1%
NABL	F	0.1%
UFCS	A	0.1%
TIPT	C	0.09%
CRVL	B	0.09%
HCI	C	0.09%
EPAC	C	0.09%
YORW	F	0.09%
SPRY	C	0.09%
IRWD	F	0.09%
FC	F	0.08%
DORM	B	0.08%
EWTX	C	0.08%
ANIP	F	0.08%
NPK	B	0.08%
TARS	C	0.08%
ITCI	C	0.08%
BBSI	B	0.08%
KELYA	F	0.08%
STRA	C	0.08%
NTGR	B	0.08%
FRPH	B	0.08%
CEIX	A	0.08%
IMAX	B	0.07%
SR	A	0.07%
BOX	B	0.07%
CNSL	C	0.07%
SENEA	A	0.07%
TBPH	B	0.07%
LQDA	F	0.07%
ATEX	F	0.07%
THS	D	0.07%
OSIS	A	0.07%
WINA	C	0.07%
CPK	A	0.07%
NRC	F	0.06%
IMXI	B	0.06%
CART	C	0.06%
CLW	F	0.06%
HG	C	0.06%
RAMP	B	0.06%
UTI	B	0.06%
CCRN	F	0.06%
ACT	C	0.06%
ACHC	F	0.06%
IRMD	C	0.05%
ADEA	C	0.05%
IMNM	F	0.05%
SCHL	F	0.05%
METC	C	0.05%
ACAD	C	0.05%
UTZ	D	0.05%
AESI	B	0.05%
KROS	D	0.05%
CGON	F	0.05%
USPH	B	0.05%
RMR	F	0.05%
BATRA	F	0.05%
GNK	D	0.04%
SWBI	C	0.04%
DAWN	D	0.04%
DK	C	0.04%
TH	C	0.04%
CGEM	F	0.03%
MITK	C	0.03%
ROG	D	0.03%
ANAB	F	0.03%
CRGX	F	0.03%
ITOS	F	0.02%

SMMV Underweight 214 Positions Relative to USVM

Symbol	Grade	Weight
SF	B	-0.66%
GVA	A	-0.59%
TAP	C	-0.56%
NFG	A	-0.56%
SBRA	C	-0.56%
JEF	A	-0.56%
AKR	B	-0.53%
ESAB	C	-0.52%
NHI	D	-0.51%
FFIV	B	-0.51%
AWI	A	-0.51%
EVR	B	-0.5%
AGO	B	-0.49%
GEF	A	-0.49%
ALSN	B	-0.49%
CNO	B	-0.48%
CLH	C	-0.47%
MLI	B	-0.47%
PIPR	A	-0.46%
GNW	A	-0.46%
MTG	C	-0.46%
R	B	-0.45%
ASB	B	-0.45%
ACIW	B	-0.45%
SKYW	C	-0.45%
ESNT	F	-0.45%
CMC	B	-0.44%
H	B	-0.44%
GBX	A	-0.44%
KFY	B	-0.43%
PRIM	A	-0.43%
COOP	B	-0.43%
ENVA	B	-0.42%
BPOP	C	-0.42%
GMS	B	-0.42%
VCTR	B	-0.42%
KEX	B	-0.42%
HNI	B	-0.42%
STC	B	-0.41%
CUZ	B	-0.41%
ARW	D	-0.41%
MOG.A	B	-0.41%
RDN	D	-0.41%
RUSHA	C	-0.4%
PR	B	-0.4%
ROAD	B	-0.4%
ITGR	B	-0.4%
DVA	C	-0.4%
VSTO	A	-0.4%
OVV	B	-0.39%
WKC	C	-0.39%
RL	C	-0.39%
CHRD	D	-0.39%
BCO	F	-0.38%
GPI	B	-0.38%
FSS	B	-0.38%
AROC	A	-0.38%
MTSI	B	-0.37%
QTWO	A	-0.37%
BIO	C	-0.37%
ESRT	C	-0.37%
CNK	C	-0.37%
UHS	D	-0.36%
PATK	C	-0.36%
DY	D	-0.36%
SPB	C	-0.36%
PK	C	-0.36%
AL	B	-0.36%
ENOV	C	-0.36%
BHF	C	-0.36%
WTTR	A	-0.36%
UVV	B	-0.36%
TTMI	C	-0.36%
FYBR	C	-0.35%
IVZ	B	-0.35%
JXN	C	-0.35%
NAVI	F	-0.35%
JLL	D	-0.35%
NTRA	A	-0.35%
RDNT	B	-0.34%
PHIN	A	-0.34%
TMHC	C	-0.34%
LNC	C	-0.34%
MOS	F	-0.33%
WGO	C	-0.33%
HIW	C	-0.33%
LPX	B	-0.33%
ABG	C	-0.33%
DEI	B	-0.33%
ALKT	B	-0.33%
REZI	A	-0.33%
KRC	B	-0.33%
AMWD	C	-0.33%
GIII	D	-0.32%
SEM	B	-0.32%
NXST	C	-0.32%
UGI	C	-0.32%
JBGS	F	-0.32%
CRS	B	-0.32%
UAA	C	-0.32%
ANDE	D	-0.32%
NMRK	C	-0.32%
STRL	A	-0.32%
CWEN	C	-0.32%
PEB	D	-0.32%
ARI	C	-0.32%
TPH	D	-0.31%
DDS	B	-0.31%
AZZ	A	-0.31%
AN	C	-0.31%
LZB	B	-0.31%
IIPR	D	-0.31%
FIX	A	-0.31%
MAC	B	-0.31%
CRL	D	-0.31%
SLG	B	-0.3%
CIVI	D	-0.3%
SOLV	D	-0.3%
ADTN	A	-0.3%
IAC	F	-0.29%
SCS	C	-0.29%
BCC	B	-0.29%
SAH	C	-0.29%
VRNS	D	-0.29%
VSH	F	-0.29%
NATL	B	-0.28%
LGND	C	-0.28%
KBH	D	-0.28%
PVH	C	-0.28%
SM	B	-0.28%
WING	D	-0.27%
VTLE	C	-0.27%
IESC	C	-0.27%
GT	C	-0.27%
AZTA	D	-0.27%
VERX	A	-0.27%
MEDP	D	-0.27%
GRBK	D	-0.27%
CUBI	B	-0.27%
DXC	B	-0.27%
PLUS	F	-0.26%
VYX	B	-0.26%
POWL	C	-0.26%
AMRX	C	-0.26%
AEO	F	-0.26%
CNM	D	-0.26%
SANM	B	-0.26%
GKOS	B	-0.26%
CLF	F	-0.26%
LEVI	F	-0.25%
MTH	D	-0.25%
MHO	D	-0.25%
SLVM	B	-0.25%
COHR	B	-0.25%
HIMS	B	-0.25%
MHK	D	-0.24%
BFH	C	-0.24%
BOOT	C	-0.24%
CAL	F	-0.23%
LUMN	C	-0.23%
M	F	-0.23%
CAR	C	-0.23%
CCS	D	-0.23%
BMBL	C	-0.23%
JBLU	F	-0.22%
DKS	D	-0.22%
UCTT	D	-0.22%
TDS	B	-0.22%
LBPH	A	-0.22%
UFPT	C	-0.21%
REVG	C	-0.21%
MODG	F	-0.21%
MSGE	F	-0.21%
GES	F	-0.21%
VIR	D	-0.2%
ELAN	D	-0.2%
FTRE	D	-0.2%
MOD	A	-0.2%
PI	D	-0.2%
BKD	F	-0.2%
KSS	F	-0.19%
AMR	C	-0.19%
CRUS	D	-0.19%
CLSK	C	-0.19%
LPG	F	-0.19%
PLAB	C	-0.19%
GAP	C	-0.19%
VECO	F	-0.19%
HTZ	C	-0.18%
ANF	F	-0.18%
OGN	F	-0.18%
XRX	F	-0.18%
VSTS	C	-0.17%
FORM	D	-0.17%
AMKR	D	-0.17%
SOUN	B	-0.17%
SATS	D	-0.17%
ODP	F	-0.16%
ONTO	F	-0.16%
QRVO	F	-0.16%
RNA	C	-0.16%
OMI	F	-0.16%
AHCO	F	-0.15%
JANX	C	-0.15%
DFH	D	-0.15%
MPW	F	-0.14%
ZETA	D	-0.14%
HE	C	-0.13%
HOV	D	-0.13%
NPAB	F	-0.13%
VKTX	F	-0.12%
HUMA	F	-0.12%
DYN	F	-0.1%
MRVI	F	-0.08%