USVM vs. GQRE ETF Comparison

Comparison of VictoryShares USAA MSCI USA Small Cap Value Momentum ETF (USVM) to FlexShares Global Quality Real Estate Index Fund (GQRE)

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

$90.68

Average Daily Volume

6,987

Number of Holdings ^*

278

* may have additional holdings in another (foreign) market

GQRE

FlexShares Global Quality Real Estate Index Fund

GQRE Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Global Quality Real Estate IndexSM. The index is designed to measure the performance of companies that exhibit certain quality, valuation and momentum characteristics within a universe of publicly-traded equity securities of U.S. and non-U.S. real estate investment trusts and real estate companies. The fund will normally invest at least 80% of its total assets in the securities of the underlying index and in "ADRs" and "GDRs" based on the securities in its underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$61.00

Average Daily Volume

18,376

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	USVM	GQRE
30 Days	5.63%	-0.92%
60 Days	6.57%	-2.23%
90 Days	7.46%	0.75%
12 Months	37.15%	21.78%

10 Overlapping Holdings

Symbol	Grade	Weight in USVM	Weight in GQRE	Overlap
AKR	B	0.53%	0.35%	0.35%
CUZ	B	0.41%	0.64%	0.41%
ESRT	C	0.37%	0.26%	0.26%
HIW	C	0.33%	0.46%	0.33%
IIPR	D	0.31%	0.4%	0.31%
KRC	B	0.33%	0.6%	0.33%
NHI	D	0.51%	0.45%	0.45%
PK	C	0.36%	0.42%	0.36%
SBRA	C	0.56%	0.57%	0.56%
SLG	B	0.3%	0.66%	0.3%

USVM Overweight 268 Positions Relative to GQRE

Symbol	Grade	Weight
DTM	A	0.8%
UNM	A	0.78%
INGR	C	0.69%
CACI	D	0.69%
SF	B	0.66%
CW	C	0.66%
KBR	F	0.62%
CTRE	C	0.6%
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	B	0.53%
CALM	A	0.52%
EXEL	B	0.52%
ESAB	C	0.52%
FFIV	B	0.51%
TGNA	B	0.51%
AWI	A	0.51%
PBH	A	0.5%
ENSG	C	0.5%
EVR	B	0.5%
AGO	B	0.49%
GEF	A	0.49%
ALSN	B	0.49%
CSWI	B	0.49%
GHC	B	0.48%
CNO	B	0.48%
SNDR	B	0.48%
CLH	C	0.47%
MLI	B	0.47%
PIPR	A	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	D	0.45%
ASB	B	0.45%
AVT	C	0.45%
ACIW	B	0.45%
SKYW	C	0.45%
ESNT	F	0.45%
MATX	C	0.45%
GWRE	A	0.45%
GPOR	B	0.44%
CMC	B	0.44%
MUSA	B	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	C	0.42%
PSN	D	0.42%
GMS	B	0.42%
VCTR	B	0.42%
KEX	B	0.42%
HNI	B	0.42%
STC	B	0.41%
ARW	D	0.41%
MOG.A	B	0.41%
CXW	C	0.41%
RDN	D	0.41%
SEB	F	0.41%
RUSHA	C	0.4%
MCY	A	0.4%
PR	B	0.4%
ROAD	B	0.4%
ITGR	B	0.4%
DVA	C	0.4%
VSTO	A	0.4%
WT	A	0.39%
OVV	B	0.39%
WKC	C	0.39%
RL	C	0.39%
BTU	B	0.39%
CHRD	D	0.39%
MDU	D	0.39%
BCO	F	0.38%
GPI	B	0.38%
FSS	B	0.38%
AROC	A	0.38%
MTSI	B	0.37%
QTWO	A	0.37%
BIO	C	0.37%
CNK	C	0.37%
UHS	D	0.36%
PATK	C	0.36%
DY	D	0.36%
SPB	C	0.36%
AL	B	0.36%
ENOV	C	0.36%
BHF	C	0.36%
WTTR	A	0.36%
UVV	B	0.36%
TTMI	C	0.36%
FYBR	C	0.35%
LMAT	A	0.35%
IVZ	B	0.35%
JXN	C	0.35%
NAVI	F	0.35%
JLL	D	0.35%
ADUS	D	0.35%
NTRA	A	0.35%
RDNT	B	0.34%
PHIN	A	0.34%
TMHC	C	0.34%
HRB	D	0.34%
LNC	C	0.34%
MOS	F	0.33%
WGO	C	0.33%
LPX	B	0.33%
ABG	C	0.33%
DEI	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	C	0.32%
JBGS	F	0.32%
CRS	B	0.32%
UAA	C	0.32%
ANDE	D	0.32%
NMRK	C	0.32%
STRL	A	0.32%
CWEN	C	0.32%
VIRT	A	0.32%
PEB	D	0.32%
ARI	C	0.32%
CVLT	B	0.32%
TPH	D	0.31%
DDS	B	0.31%
PRDO	B	0.31%
AZZ	A	0.31%
AN	C	0.31%
LZB	B	0.31%
ATGE	B	0.31%
FIX	A	0.31%
MAC	B	0.31%
CRL	D	0.31%
CORT	B	0.3%
CIVI	D	0.3%
SOLV	D	0.3%
INSW	F	0.3%
NTCT	C	0.3%
ADTN	A	0.3%
IAC	F	0.29%
COKE	C	0.29%
SCS	C	0.29%
BCC	B	0.29%
SAH	C	0.29%
HALO	F	0.29%
VRNS	D	0.29%
PRGO	C	0.29%
VSH	F	0.29%
NATL	B	0.28%
LGND	C	0.28%
BHE	C	0.28%
KBH	D	0.28%
PVH	C	0.28%
SM	B	0.28%
WING	D	0.27%
VTLE	C	0.27%
IESC	C	0.27%
GT	C	0.27%
AZTA	D	0.27%
VERX	A	0.27%
MEDP	D	0.27%
GRBK	D	0.27%
CUBI	B	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	C	0.24%
PBF	D	0.24%
BOOT	C	0.24%
CAL	F	0.23%
LUMN	C	0.23%
M	F	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	D	0.22%
UCTT	D	0.22%
TDS	B	0.22%
LBPH	A	0.22%
UFPT	C	0.21%
REVG	C	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	F	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	F	0.18%
OGN	F	0.18%
XRX	F	0.18%
VSTS	C	0.17%
FORM	D	0.17%
AMKR	D	0.17%
SOUN	B	0.17%
SATS	D	0.17%
ODP	F	0.16%
ONTO	F	0.16%
QRVO	F	0.16%
RNA	C	0.16%
OMI	F	0.16%
AHCO	F	0.15%
JANX	C	0.15%
DFH	D	0.15%
MPW	F	0.14%
ZETA	D	0.14%
HE	C	0.13%
INSM	C	0.13%
HOV	D	0.13%
NPAB	F	0.13%
VKTX	F	0.12%
HUMA	F	0.12%
DYN	F	0.1%
MRVI	F	0.08%

USVM Underweight 53 Positions Relative to GQRE

Symbol	Grade	Weight
SPG	A	-5.85%
DLR	B	-5.76%
AVB	B	-4.37%
EQR	C	-3.36%
PLD	F	-2.99%
ESS	B	-2.62%
VICI	C	-2.46%
AMT	C	-2.37%
KIM	A	-2.25%
UDR	B	-1.88%
EQIX	A	-1.74%
CPT	B	-1.73%
AMH	C	-1.67%
HST	C	-1.66%
REG	A	-1.59%
LAMR	C	-1.5%
CUBE	C	-1.45%
WELL	A	-1.42%
NNN	C	-1.04%
ADC	A	-1.02%
FR	D	-0.94%
VNO	C	-0.91%
STAG	D	-0.89%
KRG	B	-0.8%
EPRT	B	-0.77%
IRM	C	-0.69%
PSA	C	-0.64%
IRT	A	-0.63%
SKT	A	-0.52%
APLE	B	-0.47%
EPR	C	-0.45%
WY	F	-0.43%
BNL	D	-0.43%
HASI	D	-0.42%
O	C	-0.41%
NSA	C	-0.4%
UE	B	-0.38%
IVT	A	-0.3%
EQC	B	-0.29%
LTC	B	-0.28%
SHO	D	-0.28%
XHR	B	-0.28%
DBRG	F	-0.28%
AAT	B	-0.26%
ALEX	B	-0.26%
DRH	B	-0.26%
PDM	D	-0.26%
CSR	B	-0.24%
JOE	F	-0.24%
RLJ	C	-0.24%
NXRT	B	-0.24%
CCI	C	-0.19%
HPP	F	-0.16%