VSMV vs. CVSE ETF Comparison

Comparison of VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) to Calvert US Select Equity ETF (CVSE)

VSMV

VictoryShares US Multi-Factor Minimum Volatility ETF

VSMV Description

The investment seeks to provide investment results that track the performance of the Nasdaq Victory US Multi-Factor Minimum Volatility Index before fees and expenses. The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in securities included in the Nasdaq Victory US Multi-Factor Minimum Volatility Index (the index). The index utilizes a rules-based approach designed to generate investment returns with less volatility than the broader U.S. market.

Grade (RS Rating)

Last Trade

$49.24

Average Daily Volume

11,142

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CVSE

Calvert US Select Equity ETF

CVSE Description

Under normal circumstances, at least 80% of the fund"s net assets (plus any borrowings for investment purposes) will be invested in the equity securities of U.S. issuers. The fund is actively managed, not designed to track a benchmark, and therefore not constrained by the composition of a benchmark. The fund primarily invests in the equity securities of large capitalization U.S. issuers that are involved in economic activities that address global environmental or societal challenges that relate to areas such as environmental sustainability and resource efficiency.

Grade (RS Rating)

Last Trade

$69.91

Average Daily Volume

657

Number of Holdings ^*

178

* may have additional holdings in another (foreign) market

Performance

Period	VSMV	CVSE
30 Days	0.86%	1.29%
60 Days	2.94%	4.63%
90 Days	4.21%	6.49%
12 Months	21.84%	31.10%

16 Overlapping Holdings

Symbol	Grade	Weight in VSMV	Weight in CVSE	Overlap
AAPL	C	9.65%	6.78%	6.78%
ACN	B	0.25%	1.81%	0.25%
ADP	A	2.86%	0.85%	0.85%
BBY	C	0.23%	0.24%	0.23%
BMY	B	0.27%	0.38%	0.27%
CAT	B	0.24%	0.99%	0.24%
DVA	C	0.46%	0.16%	0.16%
GILD	B	0.27%	0.36%	0.27%
GIS	F	0.23%	0.91%	0.23%
HPE	B	2.15%	0.55%	0.55%
MRK	F	2.65%	1.78%	1.78%
MSFT	C	8.89%	7.64%	7.64%
MSI	B	0.26%	0.2%	0.2%
NUE	D	0.24%	0.67%	0.24%
PYPL	A	0.25%	0.31%	0.25%
TJX	A	0.28%	0.36%	0.28%

VSMV Overweight 52 Positions Relative to CVSE

Symbol	Grade	Weight
WMT	A	3.83%
JNJ	D	3.69%
XOM	B	3.61%
COR	B	3.16%
LMT	D	3.05%
PG	C	3.02%
RSG	B	3.01%
WM	A	2.97%
AFL	C	2.83%
ABBV	F	2.64%
CAH	B	2.55%
COST	B	2.55%
CI	D	2.46%
CTSH	A	2.45%
ALL	B	2.45%
LDOS	C	2.37%
MCK	B	2.31%
NTAP	D	2.02%
EOG	A	1.86%
GOOGL	C	1.86%
KMI	B	1.65%
CINF	A	1.27%
WMB	B	1.21%
FFIV	B	1.03%
CCK	D	0.89%
PAYX	B	0.83%
MUSA	B	0.82%
NYT	C	0.69%
ATR	A	0.54%
GD	C	0.47%
ANF	C	0.41%
SPG	A	0.39%
PKG	B	0.39%
CMCSA	B	0.38%
CSX	B	0.31%
SNA	A	0.29%
ALSN	B	0.28%
CPAY	A	0.27%
STLD	C	0.27%
KMB	D	0.27%
BERY	D	0.26%
WSO	B	0.25%
THC	B	0.25%
LSTR	B	0.24%
AM	B	0.24%
CHRD	D	0.24%
HCA	D	0.23%
CL	F	0.23%
PHM	D	0.23%
KO	F	0.23%
MMM	C	0.23%
LEA	F	0.22%

VSMV Underweight 162 Positions Relative to CVSE

Symbol	Grade	Weight
NVDA	A	-8.09%
LLY	F	-2.66%
SPGI	C	-1.96%
PH	A	-1.64%
MA	B	-1.53%
NFLX	A	-1.47%
V	A	-1.43%
ETN	B	-1.41%
HD	B	-1.31%
VRSK	A	-1.18%
MET	C	-1.12%
DIS	B	-1.12%
CMI	A	-1.08%
NOW	A	-1.08%
PGR	A	-1.05%
CRM	B	-1.02%
GM	B	-1.0%
ICE	C	-1.0%
VZ	D	-0.89%
AXP	B	-0.87%
TT	B	-0.82%
BSX	A	-0.81%
AMGN	F	-0.8%
CSCO	A	-0.75%
LOW	B	-0.74%
PRU	B	-0.74%
AMAT	F	-0.72%
TRV	B	-0.71%
TFC	B	-0.7%
URI	B	-0.69%
CBRE	B	-0.69%
ECL	C	-0.68%
AWK	D	-0.67%
INTU	A	-0.67%
OMC	A	-0.65%
LIN	D	-0.65%
AMT	F	-0.64%
ADBE	C	-0.63%
ES	D	-0.63%
PLD	D	-0.62%
SHW	A	-0.6%
ITW	B	-0.59%
SCHW	B	-0.57%
TGT	C	-0.56%
DFS	B	-0.55%
AMD	F	-0.55%
CFG	B	-0.54%
DE	D	-0.54%
TXN	B	-0.51%
ED	D	-0.5%
COF	B	-0.47%
HUM	D	-0.46%
EMR	A	-0.46%
CDNS	B	-0.43%
JLL	C	-0.43%
SJM	F	-0.42%
RMD	C	-0.41%
MU	D	-0.4%
NDAQ	B	-0.4%
STT	B	-0.4%
BALL	D	-0.38%
EBAY	C	-0.36%
ADSK	B	-0.36%
DHR	F	-0.36%
LULU	B	-0.35%
STE	D	-0.35%
A	F	-0.34%
FITB	A	-0.34%
MKC	D	-0.34%
IDXX	F	-0.31%
QCOM	F	-0.31%
ULTA	C	-0.3%
DRI	B	-0.3%
ROK	B	-0.3%
MORN	B	-0.3%
MOS	D	-0.3%
HOLX	D	-0.29%
EW	F	-0.29%
HUBS	B	-0.29%
CLX	A	-0.29%
TSCO	D	-0.29%
PFE	F	-0.28%
HPQ	B	-0.28%
HAS	D	-0.27%
WDAY	B	-0.27%
INTC	C	-0.27%
HBAN	A	-0.27%
ALNY	D	-0.26%
IPG	F	-0.26%
NKE	F	-0.25%
PRI	B	-0.24%
PNR	A	-0.24%
DAR	B	-0.23%
SNPS	C	-0.23%
EXPD	C	-0.22%
MTN	C	-0.22%
EL	F	-0.22%
MSA	D	-0.22%
BFAM	F	-0.22%
WSM	F	-0.21%
VRTX	B	-0.21%
HIG	C	-0.21%
DECK	B	-0.2%
KLAC	F	-0.2%
KNX	C	-0.19%
WAT	B	-0.19%
SCI	B	-0.19%
TROW	A	-0.19%
DELL	C	-0.19%
FMC	F	-0.19%
EQR	C	-0.18%
RF	A	-0.18%
CTAS	B	-0.18%
FCN	F	-0.17%
TPR	A	-0.17%
LRCX	F	-0.16%
AKAM	F	-0.16%
EXR	D	-0.15%
NEE	D	-0.15%
PANW	B	-0.15%
CNM	D	-0.15%
FIS	B	-0.15%
VTR	C	-0.14%
XYL	F	-0.14%
MTG	C	-0.14%
TWLO	B	-0.11%
GAP	B	-0.11%
IQV	F	-0.1%
CHD	A	-0.1%
SWK	F	-0.1%
EA	A	-0.1%
G	B	-0.1%
EXAS	F	-0.1%
REGN	F	-0.1%
BXP	D	-0.1%
TTEK	F	-0.1%
PLNT	A	-0.09%
RL	B	-0.09%
GPC	D	-0.09%
SNOW	C	-0.09%
MSCI	B	-0.09%
MAN	F	-0.08%
CSGP	F	-0.08%
PCTY	B	-0.08%
RKT	F	-0.07%
PODD	B	-0.07%
VRSN	C	-0.07%
CIEN	B	-0.06%
ON	F	-0.06%
KEY	B	-0.06%
DKS	D	-0.06%
HST	D	-0.05%
VLTO	D	-0.05%
BRX	A	-0.05%
HXL	F	-0.04%
FSLR	F	-0.04%
FICO	B	-0.04%
LITE	B	-0.04%
RHI	B	-0.04%
ETSY	D	-0.03%
MRNA	F	-0.03%
CPRT	A	-0.03%