ULVM vs. QQQE ETF Comparison

Comparison of VictoryShares USAA MSCI USA Value Momentum ETF (ULVM) to Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE)

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

QQQE

Direxion NASDAQ-100 Equal Weighted Index Shares

QQQE Description

The investment seeks investment results, before fees and expenses, that track the NASDAQ-100Â® Equal Weighted Index. The fund invests at least 80% of its assets in the equity securities that comprise the index and/or investments that have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is the equal weighted version of the NASDAQ-100 IndexÂ® which includes 100 of the largest domestic and international non-financial securities listed on The NASDAQÂ® Stock Market (the "NASDAQÂ®") based on market capitalization. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$90.19

Average Daily Volume

292,930

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	ULVM	QQQE
30 Days	3.51%	3.78%
60 Days	10.81%	9.64%
90 Days	8.95%	0.18%
12 Months	36.14%	23.32%

13 Overlapping Holdings

Symbol	Grade	Weight in ULVM	Weight in QQQE	Overlap
AVGO	B	0.47%	1.0%	0.47%
COST	C	0.98%	0.96%	0.96%
CTSH	B	0.98%	1.0%	0.98%
EXC	C	0.94%	0.99%	0.94%
FANG	D	0.68%	0.93%	0.68%
GOOGL	B	0.73%	0.49%	0.49%
INTC	D	0.41%	1.08%	0.41%
KHC	F	0.95%	1.0%	0.95%
META	A	0.54%	1.0%	0.54%
MRNA	F	0.26%	0.99%	0.26%
MU	D	0.47%	1.17%	0.47%
NVDA	B	0.37%	1.03%	0.37%
REGN	D	1.01%	0.9%	0.9%

ULVM Overweight 111 Positions Relative to QQQE

Symbol	Grade	Weight
BRK.A	B	1.42%
LMT	A	1.36%
L	C	1.28%
GD	C	1.27%
DUK	C	1.27%
PEG	A	1.25%
KMI	A	1.21%
BK	A	1.19%
WELL	C	1.19%
BSX	A	1.18%
WMT	A	1.17%
ETR	A	1.16%
RTX	A	1.1%
T	B	1.1%
LDOS	A	1.1%
PKG	B	1.09%
SSNC	C	1.08%
DOW	B	1.06%
HIG	A	1.05%
LYB	B	1.05%
AVB	C	1.03%
WAB	A	1.02%
VZ	C	1.01%
CI	D	0.99%
FOXA	B	0.98%
VICI	C	0.98%
TRGP	A	0.98%
KR	C	0.98%
IBM	A	0.95%
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%
C	B	0.79%
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%
FITB	C	0.74%
PSX	D	0.74%
STLD	C	0.74%
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%
CRBG	B	0.67%
PHM	C	0.67%
SYF	A	0.66%
KKR	A	0.66%
UTHR	C	0.66%
IP	C	0.66%
HPQ	B	0.64%
GM	D	0.64%
VLO	F	0.64%
LEN	C	0.63%
FCNCA	D	0.63%
MPC	D	0.63%
CVS	D	0.63%
NTAP	D	0.63%
LLY	D	0.62%
CFG	C	0.61%
THC	D	0.6%
UAL	A	0.6%
HPE	B	0.59%
HWM	A	0.59%
KEY	B	0.58%
FDX	F	0.58%
URI	C	0.57%
DHI	C	0.57%
TOL	C	0.56%
WDC	C	0.54%
ADM	F	0.52%
VST	A	0.52%
ALLY	F	0.5%
SWKS	F	0.49%
F	D	0.49%
WSM	C	0.48%
BLDR	C	0.47%
APP	A	0.45%
VRT	B	0.43%
DELL	C	0.34%
MSTR	B	0.31%
CVNA	A	0.28%

ULVM Underweight 88 Positions Relative to QQQE

Symbol	Grade	Weight
PDD	B	-1.34%
TSLA	C	-1.08%
LRCX	D	-1.06%
LULU	D	-1.05%
AMAT	C	-1.05%
ON	F	-1.05%
AMD	C	-1.04%
NXPI	F	-1.04%
ASML	F	-1.04%
BKNG	B	-1.03%
MCHP	F	-1.03%
ARM	C	-1.03%
KLAC	B	-1.02%
ORLY	A	-1.02%
MAR	A	-1.02%
EA	D	-1.02%
CMCSA	B	-1.02%
GFS	F	-1.02%
DLTR	F	-1.01%
CSCO	A	-1.01%
HON	C	-1.01%
ADI	B	-1.01%
MNST	D	-1.01%
TTWO	D	-1.01%
TXN	C	-1.01%
TMUS	A	-1.01%
NFLX	A	-1.0%
IDXX	D	-1.0%
FAST	C	-1.0%
CPRT	B	-1.0%
SNPS	F	-1.0%
SBUX	B	-1.0%
ODFL	F	-1.0%
PYPL	A	-1.0%
ANSS	D	-1.0%
LIN	C	-1.0%
WBD	F	-1.0%
ADSK	B	-1.0%
DASH	A	-1.0%
GEHC	C	-1.0%
MDLZ	D	-0.99%
KDP	C	-0.99%
TTD	A	-0.99%
CDNS	D	-0.99%
BKR	B	-0.99%
CDW	D	-0.99%
XEL	C	-0.99%
QCOM	D	-0.99%
CEG	A	-0.99%
FTNT	A	-0.99%
AZN	D	-0.98%
CTAS	C	-0.98%
ILMN	B	-0.98%
PCAR	D	-0.98%
ROP	D	-0.98%
PEP	F	-0.98%
ZS	F	-0.98%
DDOG	B	-0.98%
VRTX	D	-0.98%
GILD	A	-0.98%
AEP	C	-0.98%
VRSK	D	-0.98%
PAYX	B	-0.98%
AAPL	C	-0.98%
AMZN	C	-0.97%
WDAY	D	-0.97%
MELI	D	-0.97%
ROST	D	-0.97%
MSFT	D	-0.97%
ISRG	C	-0.97%
ADBE	F	-0.97%
PANW	B	-0.97%
ADP	A	-0.97%
CHTR	D	-0.97%
CSX	D	-0.97%
TEAM	D	-0.97%
CSGP	F	-0.96%
CCEP	C	-0.96%
BIIB	F	-0.96%
ABNB	D	-0.96%
INTU	F	-0.95%
MRVL	C	-0.95%
MDB	D	-0.95%
CRWD	D	-0.94%
DXCM	F	-0.94%
AMGN	D	-0.94%
SMCI	F	-0.91%
GOOG	B	-0.5%