USVM vs. XSMO ETF Comparison

Comparison of VictoryShares USAA MSCI USA Small Cap Value Momentum ETF (USVM) to Invesco S&P SmallCap Momentum ETF (XSMO)

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

XSMO

Invesco S&P SmallCap Momentum ETF

XSMO Description

The Invesco S&P SmallCap Momentum ETF (Fund) is based on the S&P Smallcap 600 Momentum Index (Index). The Fund will invest at least 90% of its total assets in the component securities that comprise the Index. The Index is composed of securities 120 securities in the S&P SmallCap 600® Index having the highest “momentum scores,” calculated pursuant to the index methodology. which are computed by measuring the upward price movements of each security as compared to other eligible stocks within the S&P Midcap 600 Index. The Fund and the Index are rebalanced and reconstituted semi-annually.

Grade (RS Rating)

Last Trade

$72.84

Average Daily Volume

359,070

Number of Holdings ^*

111

* may have additional holdings in another (foreign) market

Performance

Period	USVM	XSMO
30 Days	8.14%	10.72%
60 Days	7.88%	10.21%
90 Days	9.06%	10.75%
12 Months	39.19%	44.81%

58 Overlapping Holdings

Symbol	Grade	Weight in USVM	Weight in XSMO	Overlap
ACIW	B	0.45%	1.97%	0.45%
AEO	F	0.26%	0.7%	0.26%
AGO	B	0.49%	1.05%	0.49%
AKR	B	0.53%	0.61%	0.53%
AMR	C	0.19%	0.5%	0.19%
AROC	B	0.38%	1.32%	0.38%
ATGE	B	0.31%	0.87%	0.31%
AWI	A	0.51%	2.3%	0.51%
AZZ	B	0.31%	0.82%	0.31%
BCC	B	0.29%	1.0%	0.29%
BHE	B	0.28%	0.5%	0.28%
CALM	A	0.52%	1.01%	0.52%
COLL	F	0.2%	0.24%	0.2%
COOP	B	0.43%	1.8%	0.43%
CRS	A	0.32%	3.51%	0.32%
CTRE	D	0.6%	1.16%	0.6%
CUBI	C	0.27%	0.29%	0.27%
CXW	B	0.41%	0.41%	0.41%
DY	D	0.36%	1.71%	0.36%
ENVA	B	0.42%	0.57%	0.42%
FSS	B	0.38%	1.67%	0.38%
GEO	B	0.46%	1.08%	0.46%
GKOS	B	0.26%	1.37%	0.26%
GPI	A	0.38%	1.01%	0.38%
GVA	A	0.59%	1.2%	0.59%
HCC	B	0.25%	0.66%	0.25%
HNI	B	0.42%	1.05%	0.42%
IIPR	D	0.31%	0.81%	0.31%
INVA	D	0.56%	0.26%	0.26%
JXN	C	0.35%	3.09%	0.35%
KFY	B	0.43%	0.92%	0.43%
LGND	B	0.28%	0.45%	0.28%
LPG	F	0.19%	0.18%	0.18%
LRN	A	0.46%	1.62%	0.46%
MATX	C	0.45%	1.16%	0.45%
MCY	A	0.4%	0.62%	0.4%
MHO	D	0.25%	0.98%	0.25%
MLI	C	0.47%	3.61%	0.47%
MOG.A	B	0.41%	2.4%	0.41%
NSIT	F	0.26%	1.18%	0.26%
PATK	D	0.36%	0.67%	0.36%
PHIN	A	0.34%	0.54%	0.34%
PIPR	B	0.46%	2.15%	0.46%
PLUS	F	0.26%	0.52%	0.26%
POWL	C	0.26%	0.82%	0.26%
PRDO	B	0.31%	0.44%	0.31%
RDN	C	0.41%	1.24%	0.41%
RDNT	B	0.34%	1.41%	0.34%
SKYW	B	0.45%	1.33%	0.45%
SLG	B	0.3%	1.17%	0.3%
SLVM	B	0.25%	0.56%	0.25%
STC	B	0.41%	0.5%	0.41%
TDS	B	0.22%	0.65%	0.22%
TPH	D	0.31%	0.73%	0.31%
UFPT	B	0.21%	0.45%	0.21%
VECO	F	0.19%	0.29%	0.19%
VIRT	B	0.32%	0.66%	0.32%
WT	B	0.39%	0.45%	0.39%

USVM Overweight 220 Positions Relative to XSMO

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%
ORI	A	0.59%
EHC	B	0.58%
TAP	C	0.56%
NFG	A	0.56%
SBRA	C	0.56%
JEF	A	0.56%
PINC	B	0.54%
AXS	A	0.54%
POST	C	0.54%
TXRH	C	0.53%
EXEL	B	0.52%
ESAB	B	0.52%
NHI	D	0.51%
FFIV	B	0.51%
TGNA	B	0.51%
PBH	A	0.5%
ENSG	D	0.5%
EVR	B	0.5%
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%
GNW	A	0.46%
MTG	C	0.46%
SWX	B	0.46%
R	B	0.45%
SFM	A	0.45%
SNX	C	0.45%
ASB	B	0.45%
AVT	C	0.45%
ESNT	D	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%
PRIM	A	0.43%
PLXS	B	0.43%
BPOP	B	0.42%
PSN	D	0.42%
GMS	B	0.42%
VCTR	B	0.42%
KEX	C	0.42%
CUZ	B	0.41%
ARW	D	0.41%
SEB	F	0.41%
RUSHA	C	0.4%
PR	B	0.4%
ROAD	A	0.4%
ITGR	B	0.4%
DVA	B	0.4%
VSTO	A	0.4%
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%
MTSI	B	0.37%
QTWO	A	0.37%
BIO	D	0.37%
ESRT	C	0.37%
CNK	B	0.37%
UHS	D	0.36%
SPB	C	0.36%
PK	B	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%
NAVI	C	0.35%
JLL	D	0.35%
ADUS	D	0.35%
NTRA	B	0.35%
TMHC	B	0.34%
HRB	D	0.34%
LNC	B	0.34%
MOS	F	0.33%
WGO	C	0.33%
HIW	D	0.33%
LPX	B	0.33%
ABG	B	0.33%
DEI	B	0.33%
ALKT	B	0.33%
REZI	A	0.33%
KRC	C	0.33%
AMWD	C	0.33%
GIII	D	0.32%
SEM	B	0.32%
NXST	C	0.32%
UGI	A	0.32%
JBGS	D	0.32%
UAA	C	0.32%
ANDE	D	0.32%
NMRK	B	0.32%
STRL	B	0.32%
CWEN	C	0.32%
PEB	D	0.32%
ARI	C	0.32%
CVLT	B	0.32%
DDS	B	0.31%
AN	C	0.31%
LZB	B	0.31%
FIX	A	0.31%
MAC	B	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%
SAH	A	0.29%
HALO	F	0.29%
VRNS	D	0.29%
PRGO	B	0.29%
VSH	D	0.29%
NATL	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%
DXC	B	0.27%
VYX	B	0.26%
AMRX	C	0.26%
CNM	D	0.26%
SANM	B	0.26%
CLF	F	0.26%
LEVI	F	0.25%
MTH	D	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%
LBPH	A	0.22%
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%
PI	D	0.2%
BKD	D	0.2%
USM	B	0.2%
VITL	D	0.19%
KSS	F	0.19%
CRUS	D	0.19%
CLSK	C	0.19%
PLAB	C	0.19%
GAP	C	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%
MPW	F	0.14%
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 53 Positions Relative to XSMO

Symbol	Grade	Weight
AVAV	D	-1.38%
IBP	D	-1.32%
EAT	A	-1.31%
BGC	C	-1.3%
PJT	A	-1.28%
STEP	B	-1.24%
KTB	B	-1.19%
BCPC	B	-1.14%
MC	C	-1.11%
EPRT	B	-1.05%
HWKN	B	-0.97%
IDCC	A	-0.91%
GTES	A	-0.89%
VRRM	D	-0.89%
ABCB	B	-0.87%
GFF	A	-0.86%
FBP	B	-0.85%
NMIH	D	-0.81%
AX	A	-0.81%
FULT	A	-0.78%
PRK	B	-0.77%
BRC	D	-0.77%
CRVL	A	-0.73%
SHOO	D	-0.67%
SKT	B	-0.67%
NHC	C	-0.64%
EPAC	B	-0.6%
PTGX	C	-0.59%
LBRT	D	-0.55%
PLMR	B	-0.53%
SNEX	B	-0.52%
STRA	C	-0.44%
OFG	B	-0.43%
TRMK	B	-0.43%
APOG	B	-0.39%
TILE	B	-0.39%
DFIN	D	-0.36%
SPNT	A	-0.36%
TNC	D	-0.34%
QNST	B	-0.34%
STBA	B	-0.34%
MLKN	D	-0.32%
SCSC	B	-0.32%
KLG	C	-0.31%
EIG	B	-0.27%
CNXN	C	-0.22%
CPF	A	-0.21%
AORT	B	-0.2%
HSII	B	-0.18%
HCI	C	-0.18%
WSR	A	-0.14%
HSTM	B	-0.14%
SCVL	F	-0.14%