ULVM vs. CDL ETF Comparison

Comparison of VictoryShares USAA MSCI USA Value Momentum ETF (ULVM) to Compass EMP US Large Cap High Dividend 100 Volatility Weighted Index ETF (CDL)

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

$80.97

Average Daily Volume

560

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

CDL

Compass EMP US Large Cap High Dividend 100 Volatility Weighted Index ETF

CDL Description

The investment seeks to provide investment results that match the performance of the CEMP US Large Cap High Dividend 100 Volatility Weighted Index. The index is an unmanaged index that was created by the fund's investment advisor and generally consists of the common stock of the 100 highest dividend yielding stocks of the CEMP US Large Cap 500 Volatility Weighted Index, which consists of the common stock of the 500 largest companies by market capitalization that have their headquarters in the U.S. and the stock of which trades on U.S. exchanges. Normally the fund invests at least 80% of its assets in the stocks of U.S. issuers included in the index.

Grade (RS Rating)

Last Trade

$67.94

Average Daily Volume

16,326

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	ULVM	CDL
30 Days	3.51%	2.25%
60 Days	10.81%	9.42%
90 Days	8.95%	12.89%
12 Months	36.14%	33.77%

24 Overlapping Holdings

Symbol	Grade	Weight in ULVM	Weight in CDL	Overlap
ADM	F	0.52%	0.58%	0.52%
ALLY	F	0.5%	0.56%	0.5%
C	B	0.79%	0.88%	0.79%
CFG	C	0.61%	0.68%	0.61%
CRBG	B	0.67%	0.74%	0.67%
CVS	D	0.63%	0.74%	0.63%
DOW	B	1.06%	1.16%	1.06%
DUK	C	1.27%	1.39%	1.27%
ETR	A	1.16%	1.29%	1.16%
EXC	C	0.94%	1.04%	0.94%
F	D	0.49%	0.53%	0.49%
FANG	D	0.68%	0.77%	0.68%
FITB	C	0.74%	0.81%	0.74%
HPQ	B	0.64%	0.68%	0.64%
IBM	A	0.95%	1.03%	0.95%
IP	C	0.66%	0.73%	0.66%
KEY	B	0.58%	0.64%	0.58%
KHC	F	0.95%	1.06%	0.95%
KMI	A	1.21%	1.35%	1.21%
LYB	B	1.05%	1.15%	1.05%
PSX	D	0.74%	0.82%	0.74%
T	B	1.1%	1.23%	1.1%
VLO	F	0.64%	0.69%	0.64%
VZ	C	1.01%	1.12%	1.01%

ULVM Overweight 100 Positions Relative to CDL

Symbol	Grade	Weight
BRK.A	B	1.42%
LMT	A	1.36%
L	C	1.28%
GD	C	1.27%
PEG	A	1.25%
BK	A	1.19%
WELL	C	1.19%
BSX	A	1.18%
WMT	A	1.17%
RTX	A	1.1%
LDOS	A	1.1%
PKG	B	1.09%
SSNC	C	1.08%
HIG	A	1.05%
AVB	C	1.03%
WAB	A	1.02%
REGN	D	1.01%
CI	D	0.99%
FOXA	B	0.98%
CTSH	B	0.98%
COST	C	0.98%
VICI	C	0.98%
TRGP	A	0.98%
KR	C	0.98%
DGX	D	0.95%
ELV	F	0.95%
JPM	C	0.95%
AIG	C	0.94%
WY	C	0.94%
ESS	D	0.9%
AXP	A	0.89%
HCA	C	0.87%
RGA	B	0.87%
TSN	D	0.87%
GS	B	0.87%
MLM	F	0.87%
EQH	B	0.86%
NWSA	D	0.86%
GDDY	B	0.86%
NVR	C	0.85%
BAC	B	0.84%
IRM	B	0.84%
SPG	A	0.84%
TXT	F	0.83%
KIM	C	0.82%
IR	A	0.8%
PFE	D	0.8%
COF	A	0.79%
CSL	A	0.79%
APH	D	0.78%
MCK	F	0.78%
DD	C	0.77%
WFC	B	0.76%
DAL	C	0.76%
CBRE	C	0.75%
GRMN	D	0.74%
STLD	C	0.74%
GOOGL	B	0.73%
CNC	F	0.72%
GE	B	0.72%
EME	B	0.71%
TFC	D	0.71%
CASY	D	0.69%
OC	C	0.68%
ARE	D	0.68%
VTRS	D	0.68%
PHM	C	0.67%
SYF	A	0.66%
KKR	A	0.66%
UTHR	C	0.66%
GM	D	0.64%
LEN	C	0.63%
FCNCA	D	0.63%
MPC	D	0.63%
NTAP	D	0.63%
LLY	D	0.62%
THC	D	0.6%
UAL	A	0.6%
HPE	B	0.59%
HWM	A	0.59%
FDX	F	0.58%
URI	C	0.57%
DHI	C	0.57%
TOL	C	0.56%
WDC	C	0.54%
META	A	0.54%
VST	A	0.52%
SWKS	F	0.49%
WSM	C	0.48%
BLDR	C	0.47%
AVGO	B	0.47%
MU	D	0.47%
APP	A	0.45%
VRT	B	0.43%
INTC	D	0.41%
NVDA	B	0.37%
DELL	C	0.34%
MSTR	B	0.31%
CVNA	A	0.28%
MRNA	F	0.26%

ULVM Underweight 76 Positions Relative to CDL

Symbol	Grade	Weight
PPL	C	-1.39%
NI	A	-1.38%
JNJ	D	-1.33%
FE	C	-1.32%
CMS	A	-1.31%
PM	D	-1.31%
SO	A	-1.31%
ED	C	-1.3%
CME	A	-1.28%
EVRG	C	-1.28%
PEP	F	-1.26%
LNT	B	-1.25%
SRE	C	-1.24%
CSCO	A	-1.24%
WMB	A	-1.21%
MDT	C	-1.21%
PFG	A	-1.19%
MET	A	-1.19%
OKE	A	-1.18%
PAYX	B	-1.17%
DTE	B	-1.17%
WEC	B	-1.17%
XOM	A	-1.16%
EIX	C	-1.16%
CVX	B	-1.15%
AEP	C	-1.15%
AEE	A	-1.13%
KMB	D	-1.13%
ABBV	C	-1.12%
MO	D	-1.12%
GIS	C	-1.12%
CNP	B	-1.11%
OMC	C	-1.08%
DRI	C	-1.07%
CMCSA	B	-1.07%
EMN	C	-1.07%
CAG	D	-1.06%
STT	A	-1.04%
CLX	C	-1.03%
CPB	D	-1.02%
SJM	D	-1.02%
TAP	D	-1.01%
HSY	D	-1.01%
IPG	D	-1.01%
XEL	C	-0.99%
PRU	B	-0.97%
EOG	B	-0.97%
CTRA	D	-0.96%
TROW	D	-0.95%
D	A	-0.95%
MS	A	-0.94%
FNF	C	-0.94%
NTRS	B	-0.92%
GILD	A	-0.91%
GPC	D	-0.91%
PNC	C	-0.89%
BG	F	-0.85%
MTB	A	-0.85%
GLW	C	-0.84%
AMGN	D	-0.82%
UPS	D	-0.82%
USB	C	-0.81%
KVUE	C	-0.81%
DVN	F	-0.81%
RF	B	-0.8%
HBAN	B	-0.8%
OWL	A	-0.78%
STX	C	-0.76%
HRL	F	-0.75%
OVV	D	-0.71%
AES	C	-0.7%
TGT	C	-0.69%
BBY	C	-0.63%
EL	D	-0.61%
MMM	C	-0.6%
DG	F	-0.44%