VSMV vs. FCLD ETF Comparison

Comparison of VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) to Fidelity Cloud Computing ETF (FCLD)

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

$50.09

Average Daily Volume

11,492

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FCLD

Fidelity Cloud Computing ETF

FCLD Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Cloud Computing Index. Normally investing at least 80% of assets in securities included in the Fidelity Cloud Computing Index and in depositary receipts representing securities included in the index. The Fidelity Cloud Computing Index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum that provide products or services enabling the increased adoption of cloud computing, characterized by the delivery of computing services over the internet

Grade (RS Rating)

Last Trade

$29.35

Average Daily Volume

14,361

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VSMV	FCLD
30 Days	3.22%	18.74%
60 Days	4.01%	21.70%
90 Days	4.52%	24.10%
12 Months	23.25%	42.86%

4 Overlapping Holdings

Symbol	Grade	Weight in VSMV	Weight in FCLD	Overlap
FFIV	B	1.06%	1.88%	1.06%
HPE	B	2.26%	2.37%	2.26%
MSFT	F	8.89%	3.85%	3.85%
NTAP	C	2.02%	1.99%	1.99%

VSMV Overweight 64 Positions Relative to FCLD

Symbol	Grade	Weight
AAPL	C	9.39%
WMT	A	3.81%
XOM	B	3.55%
JNJ	D	3.43%
COR	B	3.24%
RSG	A	3.09%
LMT	D	3.01%
WM	A	3.0%
PG	A	2.92%
ADP	B	2.91%
AFL	B	2.87%
CAH	B	2.74%
MCK	B	2.64%
CTSH	B	2.59%
COST	B	2.58%
ALL	A	2.55%
CI	F	2.51%
MRK	F	2.46%
LDOS	C	2.38%
ABBV	D	2.15%
EOG	A	1.95%
GOOGL	C	1.88%
KMI	A	1.73%
CINF	A	1.33%
WMB	A	1.24%
MUSA	A	0.86%
CCK	C	0.84%
PAYX	C	0.83%
NYT	C	0.69%
ATR	B	0.54%
GD	F	0.48%
DVA	B	0.48%
ANF	C	0.4%
PKG	A	0.39%
SPG	B	0.39%
CMCSA	B	0.38%
CSX	B	0.32%
ALSN	B	0.3%
SNA	A	0.3%
CPAY	A	0.29%
TJX	A	0.28%
GILD	C	0.27%
WSO	A	0.27%
MSI	B	0.27%
PYPL	B	0.27%
STLD	B	0.27%
BMY	B	0.27%
KMB	D	0.26%
NUE	C	0.25%
ACN	C	0.25%
THC	D	0.24%
BERY	B	0.24%
CAT	B	0.24%
CHRD	D	0.24%
AM	A	0.24%
LSTR	D	0.24%
MMM	D	0.23%
PHM	D	0.22%
LEA	D	0.22%
HCA	F	0.21%
KO	D	0.21%
CL	D	0.21%
BBY	D	0.21%
GIS	D	0.21%

VSMV Underweight 44 Positions Relative to FCLD

Symbol	Grade	Weight
CRM	B	-5.14%
MSTR	C	-4.92%
ORCL	B	-4.92%
NOW	A	-4.68%
INTU	C	-4.27%
EQIX	A	-3.15%
TEAM	A	-3.1%
DLR	B	-2.92%
HUBS	A	-2.76%
WDAY	B	-2.75%
SNOW	C	-2.63%
DDOG	A	-2.54%
TWLO	A	-2.4%
ZM	B	-2.21%
DAY	B	-1.96%
MDB	C	-1.93%
NTNX	A	-1.91%
WDC	D	-1.84%
STX	D	-1.77%
XRX	F	-1.75%
PSTG	D	-1.74%
DT	C	-1.67%
CFLT	B	-1.64%
ESTC	C	-1.52%
CVLT	B	-1.49%
DBX	B	-1.42%
GTLB	B	-1.34%
PEGA	A	-1.26%
PATH	C	-1.24%
BOX	B	-1.2%
FIVN	C	-1.19%
RNG	B	-1.18%
VERX	B	-1.14%
AI	B	-1.1%
TDC	D	-1.0%
FROG	C	-0.99%
SMCI	F	-0.91%
PD	C	-0.88%
DOCN	D	-0.88%
VRNT	C	-0.77%
FSLY	D	-0.75%
INFA	D	-0.7%
VNET	B	-0.65%
SWI	B	-0.64%