ULVM vs. WBIF ETF Comparison

Comparison of VictoryShares USAA MSCI USA Value Momentum ETF (ULVM) to WBI Large Cap Tactical Value Shares (WBIF)

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

WBIF

WBI Large Cap Tactical Value Shares

WBIF Description

The investment seeks long-term capital appreciation and the potential for current income, while also seeking to protect principal during unfavorable market conditions. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the equity securities of large capitalization domestic and foreign companies which WBI Investments, Inc., the sub-advisor to the fund and an affiliate of Millington Securities Inc., the advisor, believes display an attractive discount in a company's intrinsic value relative to its market price, and up to 20% of its net assets in other tactical investment opportunities.

Grade (RS Rating)

Last Trade

$29.40

Average Daily Volume

1,099

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ULVM	WBIF
30 Days	3.51%	2.05%
60 Days	10.81%	7.25%
90 Days	8.95%	1.34%
12 Months	36.14%	13.13%

14 Overlapping Holdings

Symbol	Grade	Weight in ULVM	Weight in WBIF	Overlap
AXP	A	0.89%	1.48%	0.89%
CASY	D	0.69%	1.22%	0.69%
CI	D	0.99%	3.16%	0.99%
CSL	A	0.79%	1.47%	0.79%
DHI	C	0.57%	1.44%	0.57%
EQH	B	0.86%	0.55%	0.55%
LEN	C	0.63%	1.48%	0.63%
MCK	F	0.78%	1.48%	0.78%
MPC	D	0.63%	1.46%	0.63%
OC	C	0.68%	1.28%	0.68%
PHM	C	0.67%	1.45%	0.67%
RGA	B	0.87%	3.09%	0.87%
SYF	A	0.66%	0.57%	0.57%
TOL	C	0.56%	0.56%	0.56%

ULVM Overweight 110 Positions Relative to WBIF

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%
REGN	D	1.01%
VZ	C	1.01%
FOXA	B	0.98%
CTSH	B	0.98%
COST	C	0.98%
VICI	C	0.98%
TRGP	A	0.98%
KR	C	0.98%
IBM	A	0.95%
DGX	D	0.95%
KHC	F	0.95%
ELV	F	0.95%
JPM	C	0.95%
EXC	C	0.94%
AIG	C	0.94%
WY	C	0.94%
ESS	D	0.9%
HCA	C	0.87%
TSN	D	0.87%
GS	B	0.87%
MLM	F	0.87%
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%
APH	D	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%
GOOGL	B	0.73%
CNC	F	0.72%
GE	B	0.72%
EME	B	0.71%
TFC	D	0.71%
ARE	D	0.68%
FANG	D	0.68%
VTRS	D	0.68%
CRBG	B	0.67%
KKR	A	0.66%
UTHR	C	0.66%
IP	C	0.66%
HPQ	B	0.64%
GM	D	0.64%
VLO	F	0.64%
FCNCA	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%
WDC	C	0.54%
META	A	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%
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 55 Positions Relative to WBIF

Symbol	Grade	Weight
BDX	C	-3.27%
DTE	B	-3.26%
UNM	A	-3.21%
VOYA	A	-3.21%
WRB	C	-3.2%
FIX	A	-3.12%
UHS	D	-3.05%
PRU	B	-2.99%
CMS	A	-2.98%
OXY	D	-2.89%
LRCX	D	-1.52%
AMAT	C	-1.5%
V	B	-1.47%
SLB	D	-1.43%
ADP	A	-1.43%
BYD	B	-1.39%
MLI	B	-1.38%
PAG	D	-1.37%
NXST	D	-1.35%
AME	C	-1.33%
PAYX	B	-1.32%
DKS	D	-1.31%
EXP	C	-1.29%
BR	B	-1.29%
PRI	A	-1.28%
RMD	C	-1.28%
G	A	-1.27%
R	C	-1.26%
HRB	C	-1.22%
LPX	C	-1.22%
TXRH	A	-1.2%
KBR	A	-1.2%
FLTR	A	-0.77%
FALN	B	-0.77%
AGZD	A	-0.76%
DFS	A	-0.72%
FTSL	A	-0.7%
EG	A	-0.57%
ALSN	A	-0.57%
DOX	B	-0.56%
IPG	D	-0.56%
AVY	D	-0.56%
NEU	F	-0.55%
STIP	B	-0.55%
ALLE	A	-0.55%
TTC	F	-0.55%
GPI	C	-0.55%
DCI	B	-0.55%
CBT	B	-0.55%
SCI	D	-0.54%
THG	A	-0.54%
NOV	F	-0.53%
GL	C	-0.53%
AOS	C	-0.43%
BKLN	A	-0.32%