USVM vs. DBND ETF Comparison

Comparison of VictoryShares USAA MSCI USA Small Cap Value Momentum ETF (USVM) to DoubleLine Opportunistic Bond ETF (DBND)

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

$85.24

Average Daily Volume

13,610

Number of Holdings ^*

275

* may have additional holdings in another (foreign) market

DBND

DoubleLine Opportunistic Bond ETF

DBND Description

Under normal circumstances, the Advisor intends to invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in fixed income instruments or other investments with economic characteristics similar to fixed income instruments. It may invest in fixed income instruments of any credit quality, including those that are at the time of investment unrated or rated BB+ or lower by S&P or Ba1 or lower by Moody?s or the equivalent by any other nationally recognized statistical rating organization. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$47.41

Average Daily Volume

37,941

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	USVM	DBND
30 Days	5.47%	1.51%
60 Days	5.22%	4.00%
90 Days	10.59%	4.82%
12 Months	30.74%	10.03%

9 Overlapping Holdings

Symbol	Grade	Weight in USVM	Weight in DBND	Overlap
CACC	F	0.37%	0.16%	0.16%
DKS	D	0.27%	0.34%	0.27%
GFF	D	0.31%	0.18%	0.18%
GPOR	D	0.35%	0.16%	0.16%
NRG	C	0.38%	0.17%	0.17%
OMF	D	0.37%	0.16%	0.16%
OMI	D	0.15%	0.16%	0.15%
PK	D	0.28%	0.18%	0.18%
POST	C	0.6%	0.18%	0.18%

USVM Overweight 266 Positions Relative to DBND

Symbol	Grade	Weight
INGR	B	0.75%
DTM	B	0.71%
ENSG	B	0.7%
GBDC	C	0.7%
NHI	C	0.66%
CVLT	B	0.65%
CACI	B	0.65%
PSN	B	0.65%
GWRE	A	0.64%
FFIV	B	0.64%
INVA	B	0.63%
MTG	B	0.63%
ESNT	B	0.62%
EHC	C	0.62%
JEF	B	0.61%
MUSA	D	0.6%
SBRA	C	0.6%
CSWI	B	0.59%
MDU	C	0.58%
CNO	B	0.58%
UHS	B	0.58%
RGA	C	0.57%
HRB	C	0.56%
PBH	B	0.56%
AKR	B	0.56%
AIZ	B	0.56%
SF	A	0.54%
PINC	C	0.54%
UTHR	C	0.54%
CLH	A	0.51%
RDN	C	0.51%
TAP	D	0.5%
UNM	B	0.5%
SNDR	B	0.49%
IDCC	B	0.49%
SFM	B	0.49%
ESGR	D	0.49%
SKT	B	0.49%
HSIC	C	0.49%
HNI	C	0.49%
COOP	C	0.49%
ARW	C	0.49%
AGO	C	0.48%
BPOP	C	0.48%
GEF	D	0.48%
GHC	B	0.48%
GRBK	B	0.47%
EXEL	C	0.47%
MLI	A	0.47%
AVT	C	0.47%
TXRH	C	0.46%
NSIT	D	0.46%
CNX	B	0.46%
SNX	D	0.46%
COKE	C	0.46%
MOG.A	B	0.45%
EXP	B	0.45%
R	A	0.45%
VRNS	C	0.44%
ALSN	B	0.44%
JLL	B	0.43%
RLJ	D	0.43%
SAIC	C	0.43%
STC	B	0.43%
PATK	B	0.42%
SWX	C	0.42%
MHK	C	0.42%
CALM	A	0.42%
TGNA	D	0.41%
AYI	B	0.41%
NAVI	C	0.41%
BIO	C	0.41%
GNW	B	0.41%
EME	B	0.41%
ADMA	B	0.41%
H	C	0.41%
CUZ	B	0.41%
PFSI	C	0.41%
TNC	F	0.41%
IIPR	B	0.4%
PLUS	A	0.4%
GMS	D	0.4%
SLM	D	0.4%
LRN	B	0.4%
VCTR	B	0.4%
TMHC	A	0.39%
GPI	B	0.39%
HQY	C	0.39%
UVV	D	0.39%
ESAB	C	0.39%
RUSHA	C	0.39%
FSS	D	0.39%
AL	D	0.38%
MATX	B	0.38%
ASB	D	0.38%
APG	D	0.38%
KBH	A	0.38%
SPB	C	0.38%
TPH	C	0.38%
TOL	B	0.37%
ARI	F	0.37%
DXC	C	0.37%
MHO	B	0.37%
VNT	F	0.37%
JXN	A	0.37%
CHRD	F	0.36%
SKX	D	0.36%
ESRT	B	0.36%
WING	B	0.36%
JBGS	C	0.36%
QRVO	F	0.36%
SKYW	C	0.36%
AROC	D	0.35%
BECN	D	0.35%
CMC	D	0.35%
NMRK	A	0.35%
HIW	B	0.35%
UFPI	C	0.35%
ITGR	A	0.35%
CHK	D	0.35%
IVZ	B	0.35%
ROAD	B	0.35%
RL	C	0.34%
ENOV	D	0.34%
CRC	C	0.34%
IAC	C	0.34%
CCS	B	0.34%
AN	D	0.33%
PRIM	B	0.33%
MTH	A	0.33%
MTSI	D	0.33%
PHIN	B	0.33%
SEM	D	0.33%
THC	A	0.33%
CXW	F	0.32%
WGO	D	0.32%
COLL	C	0.32%
VSH	F	0.32%
DVA	B	0.32%
QTWO	B	0.32%
DINO	F	0.32%
GIII	C	0.31%
OVV	F	0.31%
FYBR	C	0.31%
BHF	F	0.31%
AZZ	D	0.31%
THO	D	0.31%
CRL	F	0.31%
CAL	F	0.31%
UGI	C	0.31%
PRGO	D	0.31%
RDNT	B	0.3%
PR	F	0.3%
COHR	C	0.3%
AZTA	F	0.3%
LPX	B	0.3%
AMWD	D	0.3%
VSTO	C	0.3%
NXST	D	0.3%
ANDE	D	0.3%
TTMI	D	0.29%
BTU	D	0.29%
ABG	D	0.29%
INSW	D	0.29%
CWEN	C	0.29%
GEO	F	0.28%
MOS	F	0.28%
CNM	F	0.28%
VNO	B	0.28%
BCC	B	0.28%
SCS	D	0.28%
NTRA	C	0.28%
IBP	D	0.28%
NTCT	C	0.28%
SLVM	B	0.28%
FIX	B	0.28%
PEB	D	0.28%
GKOS	C	0.27%
BZH	B	0.27%
LNC	D	0.27%
IDYA	F	0.27%
UAA	C	0.27%
AMKR	F	0.27%
ALLY	F	0.27%
CUBI	F	0.27%
KRC	B	0.27%
SM	F	0.27%
CIVI	F	0.27%
UFPT	B	0.26%
NATL	D	0.26%
BLD	D	0.26%
LEVI	C	0.26%
ATSG	D	0.26%
XPO	D	0.25%
HE	F	0.25%
AEO	F	0.25%
WSM	D	0.25%
REVG	D	0.25%
SLG	B	0.25%
MAC	B	0.25%
GBX	C	0.25%
OGN	D	0.24%
ODP	F	0.24%
IESC	C	0.24%
VECO	F	0.24%
WOR	D	0.24%
SAH	D	0.24%
FWRG	F	0.24%
VCEL	D	0.23%
MSGE	B	0.23%
MOD	A	0.23%
SANM	D	0.23%
INFA	D	0.23%
MEDP	F	0.23%
DFH	C	0.22%
ONTO	D	0.22%
HCC	F	0.22%
DDS	F	0.22%
ARCH	F	0.22%
PBF	F	0.21%
UCTT	F	0.21%
STRL	B	0.21%
RYI	D	0.21%
RAMP	F	0.21%
GES	F	0.21%
FTRE	D	0.21%
PVH	F	0.21%
XRX	D	0.2%
TDS	C	0.2%
ALGT	F	0.2%
APP	C	0.2%
CVNA	B	0.19%
ELAN	D	0.19%
FORM	F	0.19%
RXST	C	0.19%
VSTS	D	0.19%
CLF	F	0.19%
GT	F	0.19%
JBLU	D	0.18%
SMTC	C	0.18%
SIG	C	0.18%
JELD	D	0.18%
USM	C	0.18%
PLAB	F	0.18%
KSS	F	0.17%
M	F	0.17%
ANF	D	0.17%
LPG	F	0.17%
SATS	C	0.16%
VIR	F	0.16%
HPP	D	0.16%
DYN	D	0.15%
OSCR	B	0.15%
PARA	F	0.15%
VERA	C	0.14%
POWL	C	0.13%
VKTX	C	0.13%
AMR	F	0.13%
MPW	C	0.13%
CAR	F	0.12%
GAP	F	0.12%
CENX	D	0.12%
MSTR	D	0.12%
HTZ	F	0.1%
CHGG	F	0.09%
CLSK	F	0.08%

USVM Underweight 44 Positions Relative to DBND

Symbol	Grade	Weight
UPST	C	-1.79%
COMM	C	-0.77%
BNS	B	-0.68%
GS	C	-0.66%
JPM	D	-0.62%
ABBV	C	-0.61%
DLTR	F	-0.59%
BAC	D	-0.56%
DFS	B	-0.49%
T	C	-0.48%
CVS	D	-0.42%
CCI	C	-0.38%
BMO	C	-0.38%
MAR	C	-0.38%
CMCSA	D	-0.38%
OC	D	-0.37%
NTAP	D	-0.37%
SO	B	-0.36%
BA	F	-0.35%
KMI	B	-0.35%
ARCC	B	-0.35%
MO	C	-0.34%
GM	C	-0.34%
SYY	D	-0.33%
RPRX	C	-0.32%
EXPE	C	-0.3%
ORCL	C	-0.3%
WTW	C	-0.29%
HCA	B	-0.29%
CCL	C	-0.26%
AAL	D	-0.19%
COTY	F	-0.19%
PENN	D	-0.19%
PFGC	B	-0.19%
MODV	F	-0.18%
SPH	F	-0.18%
UAL	C	-0.18%
PCG	C	-0.18%
VSCO	C	-0.17%
CHTR	D	-0.17%
UBER	C	-0.16%
BALY	B	-0.16%
SSP	F	-0.16%
EXC	C	-0.09%