USVM vs. HSMV ETF Comparison

Comparison of VictoryShares USAA MSCI USA Small Cap Value Momentum ETF (USVM) to First Trust Horizon Managed Volatility Small/Mid ETF (HSMV)

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

HSMV

First Trust Horizon Managed Volatility Small/Mid ETF

HSMV Description

The investment seeks to provide investors with capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in small- and/or mid-capitalization common stocks listed and traded on U.S. national securities exchanges that Sub-Advisor believes exhibit low future expected volatility. It is non-diversified.

Grade (RS Rating)

Last Trade

$38.09

Average Daily Volume

1,340

Number of Holdings ^*

147

* may have additional holdings in another (foreign) market

Performance

Period	USVM	HSMV
30 Days	5.63%	3.72%
60 Days	6.57%	5.02%
90 Days	7.46%	5.82%
12 Months	37.15%	26.13%

34 Overlapping Holdings

Symbol	Grade	Weight in USVM	Weight in HSMV	Overlap
AGO	B	0.49%	0.67%	0.49%
ARW	D	0.41%	0.45%	0.41%
AVT	C	0.45%	0.49%	0.45%
CACI	D	0.69%	1.29%	0.69%
CLH	C	0.47%	0.38%	0.38%
CNO	B	0.48%	0.44%	0.44%
COOP	B	0.43%	0.35%	0.35%
CTRE	C	0.6%	1.54%	0.6%
CW	C	0.66%	0.67%	0.66%
DTM	A	0.8%	2.06%	0.8%
EHC	B	0.58%	0.9%	0.58%
ENSG	C	0.5%	0.73%	0.5%
ESNT	F	0.45%	0.67%	0.45%
EVR	B	0.5%	0.34%	0.34%
EXEL	B	0.52%	0.38%	0.38%
FSS	B	0.38%	0.24%	0.24%
HRB	D	0.34%	0.26%	0.26%
INGR	C	0.69%	1.65%	0.69%
JEF	A	0.56%	0.46%	0.46%
KBR	F	0.62%	0.75%	0.62%
KEX	B	0.42%	0.31%	0.31%
KFY	B	0.43%	0.29%	0.29%
MDU	D	0.39%	0.64%	0.39%
MTG	C	0.46%	0.55%	0.46%
MUSA	B	0.44%	0.47%	0.44%
NFG	A	0.56%	1.18%	0.56%
ORI	A	0.59%	1.76%	0.59%
PBH	A	0.5%	0.76%	0.5%
PLXS	B	0.43%	0.27%	0.27%
POST	C	0.54%	1.56%	0.54%
R	B	0.45%	0.3%	0.3%
RDN	D	0.41%	0.4%	0.4%
SBRA	C	0.56%	0.55%	0.55%
SF	B	0.66%	0.72%	0.66%

USVM Overweight 244 Positions Relative to HSMV

Symbol	Grade	Weight
UNM	A	0.78%
CNX	A	0.59%
GVA	A	0.59%
TAP	C	0.56%
INVA	D	0.56%
PINC	B	0.54%
AXS	A	0.54%
AKR	B	0.53%
TXRH	B	0.53%
CALM	A	0.52%
ESAB	C	0.52%
NHI	D	0.51%
FFIV	B	0.51%
TGNA	B	0.51%
AWI	A	0.51%
GEF	A	0.49%
ALSN	B	0.49%
CSWI	B	0.49%
GHC	B	0.48%
SNDR	B	0.48%
MLI	B	0.47%
PIPR	A	0.46%
GNW	A	0.46%
GEO	B	0.46%
SWX	B	0.46%
LRN	A	0.46%
SFM	A	0.45%
SNX	D	0.45%
ASB	B	0.45%
ACIW	B	0.45%
SKYW	C	0.45%
MATX	C	0.45%
GWRE	A	0.45%
GPOR	B	0.44%
CMC	B	0.44%
H	B	0.44%
GBX	A	0.44%
PRIM	A	0.43%
ENVA	B	0.42%
BPOP	C	0.42%
PSN	D	0.42%
GMS	B	0.42%
VCTR	B	0.42%
HNI	B	0.42%
STC	B	0.41%
CUZ	B	0.41%
MOG.A	B	0.41%
CXW	C	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%
BCO	F	0.38%
GPI	B	0.38%
AROC	A	0.38%
MTSI	B	0.37%
QTWO	A	0.37%
BIO	C	0.37%
ESRT	C	0.37%
CNK	C	0.37%
UHS	D	0.36%
PATK	C	0.36%
DY	D	0.36%
SPB	C	0.36%
PK	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%
LNC	C	0.34%
MOS	F	0.33%
WGO	C	0.33%
HIW	C	0.33%
LPX	B	0.33%
ABG	C	0.33%
DEI	B	0.33%
ALKT	B	0.33%
REZI	A	0.33%
KRC	B	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%
IIPR	D	0.31%
FIX	A	0.31%
MAC	B	0.31%
CRL	D	0.31%
CORT	B	0.3%
SLG	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 113 Positions Relative to HSMV

Symbol	Grade	Weight
ATR	B	-2.09%
SEIC	B	-1.89%
IDA	A	-1.65%
OGE	A	-1.59%
RLI	A	-1.42%
MSGS	A	-1.4%
ADC	A	-1.34%
DCI	B	-1.33%
FHI	B	-1.26%
AMH	C	-1.24%
NJR	A	-1.24%
AM	A	-1.21%
FLO	D	-1.17%
CHE	D	-1.16%
NWE	B	-1.13%
OHI	C	-1.08%
AFG	A	-1.08%
POR	C	-1.07%
GGG	B	-1.06%
NNN	C	-1.01%
GNTX	C	-0.99%
GLPI	C	-0.99%
NYT	D	-0.95%
BKH	A	-0.9%
MMS	F	-0.89%
FCPT	C	-0.86%
DLB	B	-0.85%
CBSH	B	-0.83%
ELS	C	-0.81%
MSA	F	-0.8%
EPR	C	-0.79%
PRI	B	-0.78%
IDCC	B	-0.77%
AVA	A	-0.76%
LSTR	D	-0.76%
EFC	C	-0.76%
PECO	A	-0.74%
LOPE	C	-0.74%
AWR	B	-0.72%
OGS	A	-0.72%
RPM	A	-0.68%
SLGN	A	-0.68%
RNR	C	-0.67%
CPK	A	-0.67%
RGA	A	-0.67%
JHG	B	-0.66%
EPRT	B	-0.65%
AMG	B	-0.63%
CDP	C	-0.63%
EGP	D	-0.63%
SCI	B	-0.62%
PRGS	A	-0.58%
ACM	B	-0.57%
FELE	B	-0.56%
GATX	A	-0.56%
CHH	A	-0.56%
COLM	C	-0.55%
NMIH	C	-0.55%
RS	B	-0.54%
BCPC	B	-0.53%
FLS	B	-0.52%
CWT	C	-0.51%
FNF	B	-0.51%
EPC	F	-0.49%
FCN	F	-0.49%
BRX	A	-0.48%
BWXT	B	-0.48%
LANC	C	-0.46%
PFGC	B	-0.45%
FR	D	-0.45%
CHDN	B	-0.45%
PB	B	-0.45%
MSM	C	-0.44%
LAMR	C	-0.43%
ENR	B	-0.43%
RYN	D	-0.42%
BLKB	B	-0.41%
FAF	A	-0.4%
FNB	A	-0.38%
ITT	A	-0.38%
ASH	F	-0.36%
GPK	C	-0.36%
ABM	B	-0.36%
BJ	A	-0.36%
G	B	-0.35%
IOSP	C	-0.35%
SAIC	F	-0.35%
LXP	D	-0.34%
RGLD	C	-0.34%
LECO	C	-0.34%
JAZZ	B	-0.33%
CSL	C	-0.33%
MAN	F	-0.32%
AGCO	D	-0.31%
JJSF	C	-0.31%
ONB	C	-0.31%
MTN	C	-0.29%
ALV	C	-0.29%
MIDD	C	-0.28%
EVTC	B	-0.28%
OSK	C	-0.28%
ORA	B	-0.27%
CASY	A	-0.26%
LII	A	-0.26%
LFUS	D	-0.24%
CUBE	C	-0.24%
AIN	C	-0.24%
IRT	A	-0.23%
HXL	F	-0.22%
CRI	F	-0.21%
REXR	F	-0.2%
PCH	F	-0.19%
NSA	C	-0.13%