ULVM vs. FLRG ETF Comparison

Comparison of VictoryShares USAA MSCI USA Value Momentum ETF (ULVM) to Fidelity U.S. Multifactor ETF (FLRG)

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

$87.10

Average Daily Volume

2,589

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

FLRG

Fidelity U.S. Multifactor ETF

FLRG Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Multifactor Index?. The fund normally invests at least 80% of its assets in securities included in the Fidelity U.S. Multifactor Index?. The Fidelity U.S. Multifactor Index? is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility than the broader market.

Grade (RS Rating)

Last Trade

$35.42

Average Daily Volume

51,976

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	ULVM	FLRG
30 Days	7.71%	4.12%
60 Days	8.67%	5.00%
90 Days	11.02%	6.46%
12 Months	37.56%	32.45%

33 Overlapping Holdings

Symbol	Grade	Weight in ULVM	Weight in FLRG	Overlap
APH	B	0.8%	0.61%	0.61%
AVGO	D	0.41%	1.93%	0.41%
CI	D	0.87%	0.83%	0.83%
CNC	F	0.54%	0.67%	0.54%
CRBG	B	0.67%	0.88%	0.67%
CTSH	B	0.93%	0.52%	0.52%
DELL	C	0.34%	0.54%	0.34%
FOXA	C	0.99%	0.14%	0.14%
GDDY	B	1.0%	0.53%	0.53%
GOOGL	C	0.74%	3.46%	0.74%
HIG	B	1.0%	0.95%	0.95%
IBM	C	0.86%	0.9%	0.86%
LEN	C	0.54%	0.91%	0.54%
LLY	F	0.49%	1.98%	0.49%
LMT	D	1.19%	1.2%	1.19%
MCK	C	0.96%	0.6%	0.6%
META	D	0.51%	2.47%	0.51%
NTAP	C	0.59%	0.49%	0.49%
NVDA	C	0.42%	6.08%	0.42%
NVR	D	0.75%	0.94%	0.75%
PHM	C	0.58%	0.91%	0.58%
REGN	F	0.68%	0.8%	0.68%
RGA	A	0.85%	0.83%	0.83%
STLD	B	0.81%	0.81%	0.81%
SWKS	F	0.38%	0.43%	0.38%
SYF	A	0.82%	0.88%	0.82%
T	A	1.09%	0.41%	0.41%
UTHR	C	0.64%	0.7%	0.64%
VICI	C	0.9%	0.88%	0.88%
VLO	C	0.62%	0.81%	0.62%
VST	B	0.67%	1.76%	0.67%
VZ	B	0.9%	0.47%	0.47%
WSM	B	0.52%	0.86%	0.52%

ULVM Overweight 92 Positions Relative to FLRG

Symbol	Grade	Weight
KMI	B	1.47%
FI	A	1.39%
BRK.A	B	1.38%
L	B	1.3%
TRGP	B	1.28%
ETR	B	1.27%
WELL	C	1.22%
PEG	A	1.22%
BK	A	1.22%
WMT	B	1.2%
BSX	C	1.2%
DUK	C	1.18%
PKG	B	1.16%
GD	F	1.11%
APP	B	1.08%
LDOS	D	1.07%
WAB	B	1.03%
JPM	B	1.03%
RTX	D	1.02%
SSNC	A	1.01%
AVB	B	0.98%
GS	B	0.96%
KR	A	0.96%
COST	B	0.95%
DGX	B	0.94%
WFC	A	0.94%
COF	B	0.92%
BAC	A	0.92%
AIG	B	0.91%
UAL	B	0.91%
NWSA	B	0.9%
EQH	B	0.9%
AXP	A	0.9%
DAL	B	0.89%
MLM	B	0.89%
TSN	B	0.88%
ESS	B	0.87%
EXC	D	0.86%
SPG	C	0.86%
LYB	F	0.85%
KIM	A	0.85%
MSTR	C	0.84%
GRMN	A	0.82%
C	A	0.82%
WY	D	0.82%
IR	A	0.81%
EME	B	0.81%
KHC	D	0.8%
DOW	F	0.8%
IRM	C	0.78%
FITB	B	0.76%
CBRE	B	0.76%
IP	B	0.75%
TFC	B	0.74%
TXT	D	0.74%
VTRS	B	0.73%
CSL	B	0.73%
FCNCA	B	0.72%
CASY	B	0.72%
KKR	B	0.72%
GM	B	0.72%
PSX	C	0.71%
OC	B	0.71%
ELV	F	0.69%
FANG	F	0.69%
DD	D	0.67%
HCA	F	0.67%
CFG	B	0.66%
GE	D	0.66%
HWM	B	0.66%
PFE	D	0.65%
KEY	A	0.62%
HPQ	B	0.6%
FDX	B	0.59%
CVS	D	0.58%
HPE	B	0.58%
MPC	F	0.58%
VRT	B	0.56%
URI	B	0.55%
ARE	D	0.55%
TOL	A	0.53%
THC	D	0.52%
ALLY	C	0.48%
DHI	D	0.47%
F	C	0.46%
WDC	C	0.46%
ADM	F	0.44%
MU	D	0.4%
BLDR	C	0.4%
INTC	C	0.39%
CVNA	B	0.38%
MRNA	F	0.14%

ULVM Underweight 68 Positions Relative to FLRG

Symbol	Grade	Weight
MSFT	D	-6.44%
V	A	-1.66%
MA	B	-1.64%
HD	A	-1.62%
PG	A	-1.43%
JNJ	D	-1.35%
ABBV	D	-1.29%
MCD	D	-1.28%
PGR	A	-1.25%
ADP	B	-1.17%
BKNG	B	-1.15%
NFG	B	-1.12%
PSA	C	-1.04%
PAYX	B	-1.04%
PCAR	B	-1.03%
ALSN	B	-1.02%
ACGL	D	-1.02%
PM	B	-1.01%
MLI	C	-1.0%
VRSK	A	-1.0%
BCC	B	-0.97%
SNA	A	-0.97%
CF	B	-0.91%
ORLY	B	-0.91%
AMGN	D	-0.91%
DTM	B	-0.9%
EG	C	-0.9%
JXN	B	-0.89%
OHI	D	-0.87%
MTG	B	-0.87%
AZO	C	-0.87%
HRB	D	-0.87%
ESNT	D	-0.87%
CTRA	B	-0.83%
NUE	D	-0.82%
MO	A	-0.82%
CL	D	-0.82%
RDN	C	-0.81%
QCOM	F	-0.81%
VRTX	D	-0.79%
AMAT	F	-0.77%
BRBR	B	-0.77%
KMB	C	-0.75%
NFLX	B	-0.69%
ANET	C	-0.68%
CRWD	B	-0.67%
CHRD	F	-0.67%
KLAC	F	-0.65%
MOH	F	-0.65%
MSI	C	-0.64%
FICO	B	-0.63%
RPRX	D	-0.63%
LRCX	F	-0.63%
CDNS	B	-0.6%
ZM	B	-0.56%
NXPI	D	-0.55%
GEN	A	-0.51%
DBX	C	-0.5%
AKAM	F	-0.5%
ACIW	B	-0.5%
CRUS	F	-0.47%
DOX	D	-0.47%
CVLT	B	-0.47%
DLB	B	-0.45%
QLYS	C	-0.42%
CMCSA	C	-0.41%
TMUS	A	-0.31%
EA	C	-0.17%