ULVM vs. JOET ETF Comparison

Comparison of VictoryShares USAA MSCI USA Value Momentum ETF (ULVM) to Virtus Terranova U.S. Quality Momentum ETF (JOET)

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

$79.17

Average Daily Volume

668

Number of Holdings ^*

122

* may have additional holdings in another (foreign) market

JOET

Virtus Terranova U.S. Quality Momentum ETF

JOET Description

The investment seeks investment results that correspond, before fees and expenses, to the price and yield performance of the Terranova U.S. Quality Momentum Index. Under normal market conditions, the fund will invest not less than 80% of its assets in component securities of the index. The index is designed to track the performance of quality large-capitalization companies listed in the United States. The index includes common stock and ADRs. The fund will invest not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. securities.

Grade (RS Rating)

Last Trade

$35.98

Average Daily Volume

23,841

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	ULVM	JOET
30 Days	2.59%	2.80%
60 Days	2.63%	3.33%
90 Days	5.78%	5.13%
12 Months	27.01%	25.41%

38 Overlapping Holdings

Symbol	Grade	Weight in ULVM	Weight in JOET	Overlap
APH	D	1.0%	0.75%	0.75%
AVGO	C	0.57%	0.77%	0.57%
AXP	B	0.91%	0.78%	0.78%
BRK.A	C	1.75%	0.82%	0.82%
CFG	C	0.66%	0.72%	0.66%
CMG	C	0.79%	0.85%	0.79%
COST	B	1.1%	0.86%	0.86%
CPRT	F	0.88%	0.76%	0.76%
CRWD	D	0.38%	0.76%	0.38%
CTSH	B	1.17%	0.8%	0.8%
DHI	B	0.77%	0.83%	0.77%
ELV	B	1.08%	0.81%	0.81%
EXPE	C	0.51%	0.82%	0.51%
FANG	F	0.72%	0.67%	0.67%
FCNCA	D	0.72%	0.68%	0.68%
FITB	B	0.68%	0.76%	0.68%
GOOGL	D	0.57%	0.7%	0.57%
HIG	B	1.32%	0.83%	0.83%
IR	D	0.82%	0.7%	0.7%
IRM	A	1.09%	0.91%	0.91%
JPM	D	1.19%	0.76%	0.76%
KKR	B	0.75%	0.78%	0.75%
LEN	B	0.71%	0.8%	0.71%
LLY	C	0.75%	0.88%	0.75%
META	B	0.55%	0.85%	0.55%
NVDA	D	0.41%	0.75%	0.41%
NVR	B	0.94%	0.83%	0.83%
PCAR	D	0.81%	0.75%	0.75%
PH	B	0.89%	0.82%	0.82%
PHM	B	0.72%	0.8%	0.72%
PSX	F	0.71%	0.7%	0.7%
RCL	B	0.65%	0.81%	0.65%
SMCI	F	0.13%	0.45%	0.13%
STLD	F	0.59%	0.65%	0.59%
SYF	D	0.75%	0.71%	0.71%
UBER	C	0.59%	0.84%	0.59%
URI	C	0.55%	0.73%	0.55%
VLO	F	0.59%	0.67%	0.59%

ULVM Overweight 84 Positions Relative to JOET

Symbol	Grade	Weight
L	C	1.42%
REGN	C	1.33%
DUK	B	1.31%
BK	A	1.27%
SSNC	A	1.25%
ED	B	1.2%
PKG	B	1.11%
VICI	B	1.09%
ETR	A	1.09%
AVB	B	1.08%
BSX	B	1.08%
GD	B	1.07%
DGX	B	1.06%
LDOS	B	1.04%
T	A	1.03%
IBM	A	1.03%
LYB	F	1.02%
FOXA	C	1.02%
AIG	D	1.01%
CAH	B	1.0%
MCK	F	0.98%
KHC	C	0.97%
TSN	C	0.96%
ESS	A	0.96%
GS	D	0.95%
CBRE	B	0.92%
HCA	A	0.92%
KR	B	0.91%
WAB	B	0.91%
SPG	B	0.9%
FNF	B	0.89%
EXC	A	0.88%
TDG	B	0.87%
WY	C	0.86%
NWSA	D	0.86%
KIM	B	0.85%
VZ	A	0.85%
AKAM	D	0.85%
TXT	D	0.84%
C	D	0.84%
GDDY	D	0.84%
FDX	C	0.83%
CNC	C	0.82%
BAC	D	0.8%
WFC	F	0.79%
GPN	C	0.78%
COF	D	0.78%
HST	D	0.78%
MLM	D	0.76%
VTRS	C	0.75%
PFE	C	0.74%
GE	A	0.72%
DLR	A	0.72%
UHAL	B	0.72%
ETN	C	0.71%
CSL	C	0.71%
CI	B	0.69%
GM	C	0.68%
DPZ	D	0.65%
SWKS	F	0.65%
MPC	F	0.63%
CRBG	D	0.62%
WLK	D	0.62%
HPQ	D	0.61%
NUE	D	0.6%
KEY	B	0.6%
HPE	F	0.6%
CE	D	0.58%
CVS	D	0.58%
OC	C	0.56%
DAL	C	0.55%
ARE	B	0.53%
ADM	D	0.5%
F	D	0.49%
WDC	D	0.46%
BLDR	C	0.44%
UAL	C	0.42%
VST	C	0.39%
JBL	D	0.37%
MU	F	0.35%
VRT	C	0.31%
INTC	F	0.3%
DELL	D	0.25%
MRNA	F	0.18%

ULVM Underweight 86 Positions Relative to JOET

Symbol	Grade	Weight
PLTR	B	-1.0%
MELI	B	-0.96%
PSA	A	-0.94%
WELL	B	-0.92%
AXON	A	-0.91%
AFL	B	-0.9%
ACGL	A	-0.9%
PGR	B	-0.9%
CPNG	B	-0.89%
ORCL	B	-0.88%
HWM	B	-0.88%
NU	B	-0.87%
CINF	B	-0.87%
APP	B	-0.87%
ROL	B	-0.87%
MA	A	-0.87%
TRV	A	-0.87%
ISRG	B	-0.86%
V	A	-0.86%
SYK	B	-0.86%
WRB	C	-0.85%
HEI	A	-0.85%
CME	B	-0.85%
NFLX	B	-0.84%
TW	A	-0.84%
ADSK	B	-0.84%
CTAS	B	-0.84%
CB	B	-0.84%
EXR	A	-0.84%
TTD	B	-0.84%
TJX	B	-0.83%
AJG	A	-0.83%
CPAY	C	-0.83%
IT	B	-0.83%
SPGI	A	-0.83%
PANW	C	-0.83%
MMC	A	-0.83%
TT	A	-0.82%
PG	A	-0.82%
CEG	C	-0.81%
MPWR	C	-0.81%
HUBB	B	-0.81%
CHKP	B	-0.81%
NOW	B	-0.81%
BRO	B	-0.81%
CMI	C	-0.8%
AMD	D	-0.8%
ANET	C	-0.8%
IBKR	B	-0.8%
GWW	B	-0.79%
TYL	B	-0.79%
AAPL	D	-0.79%
GRMN	D	-0.79%
DECK	C	-0.78%
INTU	C	-0.78%
RF	C	-0.77%
AMZN	C	-0.77%
AMP	B	-0.77%
CDNS	D	-0.77%
NTRS	B	-0.77%
ADI	D	-0.76%
EPD	A	-0.76%
PWR	C	-0.76%
MSFT	C	-0.76%
FAST	C	-0.76%
CAT	C	-0.75%
MTB	B	-0.75%
AME	D	-0.75%
PTC	D	-0.75%
MKL	C	-0.74%
HBAN	B	-0.74%
XOM	D	-0.74%
VRTX	C	-0.74%
EOG	D	-0.73%
DFS	C	-0.72%
FSLR	D	-0.72%
XYL	D	-0.72%
KLAC	D	-0.71%
NXPI	F	-0.7%
QCOM	D	-0.7%
AMAT	D	-0.68%
ICLR	F	-0.68%
APO	C	-0.68%
SNPS	D	-0.67%
HES	F	-0.66%
LRCX	F	-0.64%