USVM vs. IGV ETF Comparison

Comparison of VictoryShares USAA MSCI USA Small Cap Value Momentum ETF (USVM) to iShares Expanded Tech-Software Sector ETF (IGV)

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

$79.59

Average Daily Volume

4,742

Number of Holdings ^*

275

* may have additional holdings in another (foreign) market

IGV

iShares Expanded Tech-Software Sector ETF

IGV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P North American Technology Software IndexTM (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of U.S.-traded stocks of software-related companies in the United States and Canada. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$86.42

Average Daily Volume

3,798,188

Number of Holdings ^*

115

* may have additional holdings in another (foreign) market

Performance

Period	USVM	IGV
30 Days	3.72%	6.85%
60 Days	0.92%	6.18%
90 Days	4.74%	4.42%
12 Months	18.99%	22.54%

9 Overlapping Holdings

Symbol	Grade	Weight in USVM	Weight in IGV	Overlap
APP	C	0.21%	0.6%	0.21%
CLSK	D	0.14%	0.15%	0.14%
CVLT	B	0.57%	0.22%	0.22%
GWRE	C	0.55%	0.46%	0.46%
IDCC	B	0.46%	0.12%	0.12%
MSTR	D	0.12%	0.83%	0.12%
QTWO	A	0.29%	0.15%	0.15%
RAMP	F	0.28%	0.08%	0.08%
VRNS	C	0.42%	0.21%	0.21%

USVM Overweight 266 Positions Relative to IGV

Symbol	Grade	Weight
GBDC	D	0.79%
DTM	B	0.68%
INGR	D	0.64%
CACI	B	0.61%
ENSG	B	0.6%
EHC	B	0.59%
RGA	A	0.58%
MDU	C	0.58%
POST	B	0.57%
JEF	A	0.57%
FFIV	C	0.57%
ESNT	B	0.56%
NHI	B	0.56%
INVA	B	0.55%
MTG	A	0.55%
PSN	C	0.55%
SF	B	0.54%
SBRA	B	0.54%
MUSA	B	0.54%
PBH	B	0.54%
PINC	F	0.52%
UTHR	B	0.52%
ESGR	B	0.52%
CSWI	B	0.52%
AVT	C	0.51%
CNO	A	0.51%
TXRH	D	0.5%
HRB	C	0.49%
CLH	B	0.49%
AGO	C	0.49%
UNM	D	0.48%
UHS	B	0.48%
GEF	D	0.48%
SNX	D	0.48%
ARW	D	0.48%
AIZ	D	0.48%
HSIC	D	0.48%
TNC	D	0.47%
GHC	C	0.47%
RDN	B	0.47%
AKR	B	0.47%
TAP	F	0.47%
CHRD	D	0.47%
NSIT	C	0.47%
VNT	C	0.46%
HNI	A	0.46%
COOP	B	0.46%
RLJ	D	0.46%
CNX	B	0.45%
BPOP	A	0.44%
HQY	D	0.44%
APG	C	0.44%
AL	C	0.44%
H	B	0.44%
QRVO	B	0.43%
SWX	D	0.43%
SNDR	C	0.43%
SKT	D	0.43%
VSH	C	0.42%
EME	D	0.42%
MTSI	B	0.42%
SKYW	B	0.42%
OMF	C	0.42%
SLM	C	0.42%
R	C	0.42%
CHK	D	0.42%
MOG.A	B	0.42%
TGNA	C	0.41%
VECO	C	0.41%
SFM	B	0.41%
EXEL	B	0.41%
FSS	C	0.41%
MLI	B	0.41%
WING	D	0.4%
CALM	A	0.4%
NRG	D	0.4%
GMS	D	0.4%
AYI	D	0.4%
GPOR	D	0.4%
NAVI	D	0.4%
COKE	C	0.4%
BECN	C	0.4%
MATX	C	0.39%
PR	C	0.39%
AROC	A	0.39%
STC	B	0.39%
ESAB	D	0.39%
CACC	C	0.39%
AMKR	B	0.39%
ALSN	B	0.39%
EXP	D	0.39%
ASB	C	0.38%
SAIC	D	0.38%
CRC	C	0.38%
GNW	D	0.38%
OVV	D	0.38%
VCTR	C	0.38%
SKX	D	0.38%
CMC	C	0.38%
SEM	A	0.37%
SPB	D	0.37%
PATK	C	0.37%
CNM	D	0.37%
ARI	C	0.37%
IIPR	A	0.36%
BIO	D	0.36%
ENOV	F	0.36%
JXN	B	0.36%
INSW	D	0.36%
CIVI	D	0.36%
DINO	F	0.36%
LRN	D	0.36%
GRBK	A	0.36%
PFSI	A	0.36%
UVV	D	0.36%
DXC	D	0.35%
JLL	A	0.35%
AZTA	D	0.35%
RUSHA	C	0.35%
RL	C	0.35%
CUZ	B	0.34%
JBGS	C	0.34%
ITGR	C	0.34%
AN	C	0.34%
BTU	D	0.34%
CRL	D	0.34%
IVZ	C	0.34%
UCTT	B	0.34%
ESRT	B	0.34%
UFPI	C	0.34%
PLUS	D	0.34%
ALLY	A	0.34%
TPH	B	0.34%
TTMI	B	0.33%
ANDE	F	0.33%
CXW	D	0.33%
ROAD	C	0.33%
GPI	D	0.33%
TMHC	C	0.33%
AZZ	C	0.33%
IAC	F	0.33%
BHF	D	0.33%
COHR	B	0.33%
PRIM	C	0.33%
ABG	C	0.32%
GEO	B	0.32%
ODP	F	0.32%
NXST	B	0.32%
GFF	D	0.32%
SM	D	0.32%
KBH	B	0.32%
MHK	C	0.32%
PK	F	0.31%
PEB	D	0.31%
PRGO	F	0.31%
HCC	C	0.31%
MOS	F	0.31%
ARCH	F	0.31%
IDYA	C	0.3%
MHO	C	0.3%
RDNT	B	0.3%
HIW	B	0.3%
MEDP	B	0.3%
INFA	D	0.3%
UGI	D	0.3%
PHIN	D	0.3%
VSTO	B	0.3%
THO	D	0.3%
TOL	C	0.3%
WGO	F	0.3%
ONTO	C	0.29%
GT	F	0.29%
BLD	C	0.29%
ADMA	B	0.29%
THC	B	0.29%
FORM	C	0.29%
IBP	C	0.29%
COLL	D	0.29%
AMWD	D	0.29%
DDS	B	0.29%
LNC	B	0.29%
DVA	C	0.29%
CCS	C	0.29%
CUBI	B	0.28%
UAA	D	0.28%
MTH	C	0.28%
BCC	D	0.28%
FIX	D	0.28%
WSM	C	0.28%
FWRG	F	0.28%
PBF	F	0.28%
NTCT	F	0.28%
CLF	F	0.28%
SCS	B	0.28%
CAL	D	0.28%
NATL	C	0.28%
LPX	D	0.27%
NTRA	B	0.27%
LEVI	D	0.27%
GKOS	A	0.27%
CWEN	D	0.27%
UFPT	B	0.27%
DKS	C	0.27%
GIII	F	0.27%
FTRE	F	0.26%
WOR	F	0.26%
XPO	D	0.26%
KRC	C	0.26%
ATSG	D	0.26%
SLVM	D	0.26%
MOD	B	0.26%
AEO	D	0.26%
REVG	D	0.25%
MAC	C	0.25%
NMRK	B	0.25%
GBX	F	0.25%
VCEL	C	0.25%
PVH	D	0.25%
ANF	C	0.24%
BZH	C	0.24%
GES	D	0.24%
SAH	D	0.24%
OGN	C	0.24%
SANM	A	0.24%
SLG	B	0.23%
XRX	F	0.23%
M	C	0.23%
RYI	F	0.23%
FYBR	B	0.23%
MSGE	C	0.23%
IESC	C	0.23%
ALGT	F	0.23%
LPG	D	0.22%
STRL	D	0.22%
PLAB	D	0.22%
VNO	C	0.22%
CENX	C	0.21%
RXST	D	0.21%
AMR	D	0.21%
SIG	D	0.21%
ELAN	F	0.19%
HPP	D	0.19%
TDS	C	0.19%
KSS	D	0.19%
USM	B	0.19%
VIR	F	0.18%
CVNA	B	0.18%
DFH	F	0.18%
JELD	F	0.18%
CAR	F	0.18%
JBLU	C	0.18%
HE	D	0.17%
PARA	D	0.17%
DYN	A	0.16%
SMTC	C	0.16%
GPS	C	0.15%
CHGG	F	0.15%
VSTS	D	0.15%
VERA	D	0.14%
OMI	F	0.14%
OSCR	D	0.14%
HTZ	F	0.14%
SATS	C	0.14%
POWL	D	0.12%
VKTX	D	0.12%
MPW	D	0.11%

USVM Underweight 106 Positions Relative to IGV

Symbol	Grade	Weight
ADBE	C	-9.79%
CRM	F	-8.85%
MSFT	C	-8.23%
ORCL	B	-8.1%
INTU	C	-7.13%
NOW	C	-4.68%
PANW	C	-4.4%
SNPS	B	-3.72%
CRWD	C	-3.55%
CDNS	C	-3.45%
ROP	C	-2.41%
ADSK	C	-2.12%
PLTR	B	-2.05%
WDAY	F	-1.93%
DDOG	C	-1.62%
FTNT	D	-1.55%
FICO	A	-1.51%
EA	B	-1.35%
HUBS	F	-1.19%
TEAM	D	-1.16%
ANSS	C	-1.14%
TTWO	F	-0.98%
PTC	C	-0.88%
TYL	B	-0.86%
ZS	C	-0.71%
SNAP	C	-0.67%
ZM	F	-0.61%
MANH	C	-0.6%
NTNX	D	-0.58%
GEN	B	-0.55%
BSY	F	-0.46%
DT	F	-0.44%
DOCU	D	-0.44%
ESTC	C	-0.38%
DSGX	A	-0.34%
OTEX	D	-0.33%
SPSC	C	-0.29%
CFLT	F	-0.28%
IOT	C	-0.27%
PCOR	F	-0.25%
MARA	D	-0.24%
SMAR	C	-0.24%
S	D	-0.23%
AZPN	F	-0.22%
DBX	F	-0.22%
ALTR	B	-0.22%
GTLB	D	-0.22%
BILL	F	-0.21%
APPF	B	-0.21%
TENB	D	-0.21%
PATH	F	-0.21%
QLYS	F	-0.21%
DLB	D	-0.19%
HCP	B	-0.19%
U	F	-0.16%
ACIW	A	-0.16%
CCCS	D	-0.15%
BOX	F	-0.15%
WK	F	-0.14%
ALRM	C	-0.13%
FIVN	F	-0.13%
TDC	D	-0.13%
CWAN	D	-0.12%
ENV	D	-0.12%
BLKB	D	-0.12%
RPD	D	-0.11%
ZETA	C	-0.11%
AI	C	-0.11%
DV	F	-0.11%
FRSH	F	-0.1%
BL	F	-0.1%
PEGA	D	-0.1%
RIOT	F	-0.1%
BRZE	F	-0.09%
AUR	C	-0.09%
RNG	F	-0.09%
PRGS	C	-0.09%
LSPD	F	-0.08%
NCNO	C	-0.08%
VRNT	D	-0.08%
AGYS	B	-0.08%
PD	D	-0.08%
YOU	C	-0.07%
VERX	B	-0.07%
VYX	D	-0.07%
SPT	D	-0.07%
EVBG	B	-0.06%
INTA	D	-0.06%
ASAN	F	-0.05%
PRO	F	-0.05%
CXM	F	-0.05%
ADEA	C	-0.05%
ALKT	B	-0.05%
APPN	D	-0.05%
PWSC	C	-0.05%
BB	F	-0.05%
ZUO	D	-0.05%
ATEN	D	-0.04%
AVPT	C	-0.04%
JAMF	C	-0.04%
NABL	B	-0.04%
MTTR	C	-0.04%
SWI	D	-0.03%
ETWO	D	-0.03%
SEMR	D	-0.02%
MLNK	C	-0.02%