USVM vs. BBRE ETF Comparison

Comparison of VictoryShares USAA MSCI USA Small Cap Value Momentum ETF (USVM) to JPMorgan BetaBuilders MSCI U.S. REIT ETF (BBRE)

USVM

VictoryShares USAA MSCI USA Small Cap Value Momentum ETF

USVM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the MSCI USA Small Cap 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 small-capitalization U.S. issuers within the MSCI USA Small Cap 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

$91.12

Average Daily Volume

7,002

Number of Holdings ^*

278

* may have additional holdings in another (foreign) market

BBRE

JPMorgan BetaBuilders MSCI U.S. REIT ETF

BBRE Description

The investment seeks to provide total return. Under normal circumstances, the fund will invest at least 80% of its assets in bonds. It will invest at least 40% of its assets in countries other than the United States. The fund may invest in developed or emerging markets. It generally invests at least 25% of its assets in securities that, at the time of purchase are rated investment grade or the unrated equivalent. "Assets" means net assets plus the amount of borrowings for investment purposes. The fund may also use currency related transactions involving currency derivatives as part of its primary investment strategy.

Grade (RS Rating)

Last Trade

$100.43

Average Daily Volume

36,489

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

Performance

Period	USVM	BBRE
30 Days	8.14%	-0.12%
60 Days	7.88%	-1.15%
90 Days	9.06%	2.93%
12 Months	39.19%	29.32%

16 Overlapping Holdings

Symbol	Grade	Weight in USVM	Weight in BBRE	Overlap
AKR	B	0.53%	0.22%	0.22%
CTRE	D	0.6%	0.27%	0.27%
CUZ	B	0.41%	0.42%	0.41%
DEI	B	0.33%	0.3%	0.3%
ESRT	C	0.37%	0.14%	0.14%
HIW	D	0.33%	0.3%	0.3%
IIPR	D	0.31%	0.26%	0.26%
JBGS	D	0.32%	0.15%	0.15%
KRC	C	0.33%	0.36%	0.33%
MAC	B	0.31%	0.37%	0.31%
MPW	F	0.14%	0.23%	0.14%
NHI	D	0.51%	0.3%	0.3%
PEB	D	0.32%	0.15%	0.15%
PK	B	0.36%	0.28%	0.28%
SBRA	C	0.56%	0.38%	0.38%
SLG	B	0.3%	0.45%	0.3%

USVM Overweight 262 Positions Relative to BBRE

Symbol	Grade	Weight
DTM	B	0.8%
UNM	A	0.78%
INGR	B	0.69%
CACI	D	0.69%
SF	B	0.66%
CW	B	0.66%
KBR	F	0.62%
CNX	A	0.59%
GVA	A	0.59%
ORI	A	0.59%
EHC	B	0.58%
TAP	C	0.56%
NFG	A	0.56%
JEF	A	0.56%
INVA	D	0.56%
PINC	B	0.54%
AXS	A	0.54%
POST	C	0.54%
TXRH	C	0.53%
CALM	A	0.52%
EXEL	B	0.52%
ESAB	B	0.52%
FFIV	B	0.51%
TGNA	B	0.51%
AWI	A	0.51%
PBH	A	0.5%
ENSG	D	0.5%
EVR	B	0.5%
AGO	B	0.49%
GEF	A	0.49%
ALSN	B	0.49%
CSWI	A	0.49%
GHC	C	0.48%
CNO	A	0.48%
SNDR	B	0.48%
CLH	B	0.47%
MLI	C	0.47%
PIPR	B	0.46%
GNW	A	0.46%
GEO	B	0.46%
MTG	C	0.46%
SWX	B	0.46%
LRN	A	0.46%
R	B	0.45%
SFM	A	0.45%
SNX	C	0.45%
ASB	B	0.45%
AVT	C	0.45%
ACIW	B	0.45%
SKYW	B	0.45%
ESNT	D	0.45%
MATX	C	0.45%
GWRE	A	0.45%
GPOR	B	0.44%
CMC	B	0.44%
MUSA	A	0.44%
H	B	0.44%
GBX	A	0.44%
KFY	B	0.43%
PRIM	A	0.43%
PLXS	B	0.43%
COOP	B	0.43%
ENVA	B	0.42%
BPOP	B	0.42%
PSN	D	0.42%
GMS	B	0.42%
VCTR	B	0.42%
KEX	C	0.42%
HNI	B	0.42%
STC	B	0.41%
ARW	D	0.41%
MOG.A	B	0.41%
CXW	B	0.41%
RDN	C	0.41%
SEB	F	0.41%
RUSHA	C	0.4%
MCY	A	0.4%
PR	B	0.4%
ROAD	A	0.4%
ITGR	B	0.4%
DVA	B	0.4%
VSTO	A	0.4%
WT	B	0.39%
OVV	B	0.39%
WKC	D	0.39%
RL	B	0.39%
BTU	B	0.39%
CHRD	D	0.39%
MDU	D	0.39%
BCO	D	0.38%
GPI	A	0.38%
FSS	B	0.38%
AROC	B	0.38%
MTSI	B	0.37%
QTWO	A	0.37%
BIO	D	0.37%
CNK	B	0.37%
UHS	D	0.36%
PATK	D	0.36%
DY	D	0.36%
SPB	C	0.36%
AL	B	0.36%
ENOV	C	0.36%
BHF	B	0.36%
WTTR	B	0.36%
UVV	B	0.36%
TTMI	B	0.36%
FYBR	D	0.35%
LMAT	A	0.35%
IVZ	B	0.35%
JXN	C	0.35%
NAVI	C	0.35%
JLL	D	0.35%
ADUS	D	0.35%
NTRA	B	0.35%
RDNT	B	0.34%
PHIN	A	0.34%
TMHC	B	0.34%
HRB	D	0.34%
LNC	B	0.34%
MOS	F	0.33%
WGO	C	0.33%
LPX	B	0.33%
ABG	B	0.33%
ALKT	B	0.33%
REZI	A	0.33%
AMWD	C	0.33%
GIII	D	0.32%
SEM	B	0.32%
NXST	C	0.32%
UGI	A	0.32%
CRS	A	0.32%
UAA	C	0.32%
ANDE	D	0.32%
NMRK	B	0.32%
STRL	B	0.32%
CWEN	C	0.32%
VIRT	B	0.32%
ARI	C	0.32%
CVLT	B	0.32%
TPH	D	0.31%
DDS	B	0.31%
PRDO	B	0.31%
AZZ	B	0.31%
AN	C	0.31%
LZB	B	0.31%
ATGE	B	0.31%
FIX	A	0.31%
CRL	C	0.31%
CORT	B	0.3%
CIVI	D	0.3%
SOLV	C	0.3%
INSW	F	0.3%
NTCT	C	0.3%
ADTN	A	0.3%
IAC	D	0.29%
COKE	C	0.29%
SCS	C	0.29%
BCC	B	0.29%
SAH	A	0.29%
HALO	F	0.29%
VRNS	D	0.29%
PRGO	B	0.29%
VSH	D	0.29%
NATL	B	0.28%
LGND	B	0.28%
BHE	B	0.28%
KBH	D	0.28%
PVH	C	0.28%
SM	B	0.28%
WING	D	0.27%
VTLE	C	0.27%
IESC	B	0.27%
GT	C	0.27%
AZTA	D	0.27%
VERX	B	0.27%
MEDP	D	0.27%
GRBK	D	0.27%
CUBI	C	0.27%
DXC	B	0.27%
PLUS	F	0.26%
VYX	B	0.26%
NSIT	F	0.26%
POWL	C	0.26%
AMRX	C	0.26%
AEO	F	0.26%
CNM	D	0.26%
SANM	B	0.26%
GKOS	B	0.26%
CLF	F	0.26%
LEVI	F	0.25%
MTH	D	0.25%
HCC	B	0.25%
MHO	D	0.25%
SLVM	B	0.25%
COHR	B	0.25%
HIMS	B	0.25%
MHK	D	0.24%
BFH	B	0.24%
PBF	D	0.24%
BOOT	D	0.24%
CAL	D	0.23%
LUMN	C	0.23%
M	D	0.23%
CRNX	C	0.23%
CAR	C	0.23%
CCS	D	0.23%
BMBL	C	0.23%
ADMA	B	0.22%
JBLU	F	0.22%
DKS	C	0.22%
UCTT	D	0.22%
TDS	B	0.22%
LBPH	A	0.22%
UFPT	B	0.21%
REVG	B	0.21%
MODG	F	0.21%
MSGE	F	0.21%
GES	F	0.21%
VIR	D	0.2%
ELAN	D	0.2%
FTRE	D	0.2%
MOD	A	0.2%
COLL	F	0.2%
PI	D	0.2%
BKD	D	0.2%
USM	B	0.2%
VITL	D	0.19%
KSS	F	0.19%
AMR	C	0.19%
CRUS	D	0.19%
CLSK	C	0.19%
LPG	F	0.19%
PLAB	C	0.19%
GAP	C	0.19%
VECO	F	0.19%
HTZ	C	0.18%
ANF	C	0.18%
OGN	D	0.18%
XRX	F	0.18%
VSTS	C	0.17%
FORM	D	0.17%
AMKR	D	0.17%
SOUN	C	0.17%
SATS	D	0.17%
ODP	F	0.16%
ONTO	D	0.16%
QRVO	F	0.16%
RNA	D	0.16%
OMI	F	0.16%
AHCO	F	0.15%
JANX	C	0.15%
DFH	D	0.15%
ZETA	D	0.14%
HE	C	0.13%
INSM	C	0.13%
HOV	D	0.13%
NPAB	B	0.13%
VKTX	F	0.12%
HUMA	F	0.12%
DYN	F	0.1%
MRVI	F	0.08%

USVM Underweight 98 Positions Relative to BBRE

Symbol	Grade	Weight
PLD	D	-8.9%
EQIX	A	-7.34%
WELL	A	-6.17%
DLR	B	-4.57%
SPG	B	-4.49%
PSA	D	-4.27%
O	D	-3.75%
EXR	D	-3.02%
IRM	D	-2.95%
AVB	B	-2.78%
VICI	C	-2.7%
EQR	B	-2.27%
VTR	C	-2.24%
INVH	D	-1.8%
ESS	B	-1.7%
MAA	B	-1.59%
KIM	A	-1.47%
ARE	D	-1.42%
SUI	D	-1.37%
DOC	D	-1.3%
UDR	B	-1.26%
GLPI	C	-1.14%
REG	B	-1.09%
HST	C	-1.09%
ELS	C	-1.09%
CPT	B	-1.07%
BXP	D	-1.04%
AMH	D	-1.04%
WPC	D	-1.03%
CUBE	D	-0.95%
OHI	C	-0.82%
BRX	A	-0.78%
FRT	B	-0.73%
REXR	F	-0.69%
NNN	D	-0.69%
EGP	F	-0.65%
FR	C	-0.61%
ADC	B	-0.6%
VNO	B	-0.59%
STAG	F	-0.57%
COLD	D	-0.54%
KRG	B	-0.53%
RHP	B	-0.52%
EPRT	B	-0.42%
IRT	A	-0.42%
TRNO	F	-0.4%
PECO	A	-0.4%
NSA	D	-0.34%
SKT	B	-0.34%
CDP	C	-0.31%
EPR	D	-0.3%
APLE	B	-0.3%
BNL	D	-0.26%
UE	C	-0.24%
LXP	D	-0.23%
FCPT	C	-0.22%
IVT	B	-0.21%
ROIC	A	-0.2%
EQC	B	-0.2%
SHO	C	-0.19%
DRH	B	-0.17%
XHR	B	-0.15%
RLJ	C	-0.14%
LTC	B	-0.14%
ELME	D	-0.13%
GNL	F	-0.13%
ALEX	C	-0.13%
VRE	B	-0.13%
AAT	B	-0.13%
GTY	B	-0.12%
AIV	C	-0.12%
PDM	D	-0.11%
UMH	C	-0.1%
DEA	D	-0.1%
NXRT	B	-0.1%
CSR	B	-0.1%
BDN	C	-0.09%
PLYM	F	-0.08%
PGRE	F	-0.08%
AHH	D	-0.08%
NTST	D	-0.08%
GOOD	B	-0.07%
WSR	A	-0.07%
BFS	C	-0.06%
INN	D	-0.06%
FPI	B	-0.06%
OLP	B	-0.05%
ALX	D	-0.05%
UHT	D	-0.05%
GMRE	F	-0.05%
LAND	F	-0.04%
CBL	A	-0.04%
SVC	F	-0.04%
CLDT	B	-0.04%
CHCT	C	-0.04%
HPP	F	-0.04%
DHC	F	-0.03%
PKST	D	-0.03%