VSMV vs. VLUE ETF Comparison

Comparison of VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) to iShares MSCI USA Value Factor (VLUE)

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

VLUE

iShares MSCI USA Value Factor

VLUE Description

The investment seeks to track the performance of MSCI USA Value Weighted Index that measures the performance of U.S. large- and mid-capitalization stocks with value characteristics and relatively lower valuations, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Value Weighted Index (the "underlying index") is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid- capitalization stocks.

Grade (RS Rating)

Last Trade

$114.13

Average Daily Volume

324,164

Number of Holdings ^*

148

* may have additional holdings in another (foreign) market

Performance

Period	VSMV	VLUE
30 Days	3.22%	4.45%
60 Days	4.01%	5.68%
90 Days	4.52%	7.63%
12 Months	23.25%	25.66%

15 Overlapping Holdings

Symbol	Grade	Weight in VSMV	Weight in VLUE	Overlap
BBY	D	0.2%	0.38%	0.2%
BMY	B	0.27%	1.55%	0.27%
CI	F	2.5%	1.37%	1.37%
CTSH	B	2.48%	1.1%	1.1%
DVA	B	0.51%	0.08%	0.08%
FFIV	B	1.05%	0.37%	0.37%
GILD	C	0.26%	1.29%	0.26%
HPE	B	2.25%	1.4%	1.4%
LDOS	C	2.01%	0.19%	0.19%
NTAP	C	2.13%	0.52%	0.52%
NUE	C	0.24%	0.45%	0.24%
PHM	D	0.22%	0.94%	0.22%
SNA	A	0.3%	0.23%	0.23%
SPG	B	0.4%	1.26%	0.4%
STLD	B	0.28%	0.27%	0.27%

VSMV Overweight 53 Positions Relative to VLUE

Symbol	Grade	Weight
AAPL	C	9.53%
MSFT	F	8.63%
WMT	A	3.94%
XOM	B	3.57%
JNJ	D	3.48%
COR	B	3.18%
RSG	A	3.08%
PG	A	3.03%
WM	A	2.94%
LMT	D	2.92%
AFL	B	2.9%
ADP	B	2.88%
CAH	B	2.7%
MCK	B	2.65%
COST	B	2.64%
ALL	A	2.63%
MRK	F	2.5%
ABBV	D	2.17%
EOG	A	1.96%
KMI	A	1.84%
GOOGL	C	1.77%
CINF	A	1.36%
WMB	A	1.34%
MUSA	A	0.87%
CCK	C	0.83%
PAYX	C	0.82%
NYT	C	0.67%
ATR	B	0.52%
GD	F	0.43%
ANF	C	0.4%
PKG	A	0.4%
CMCSA	B	0.38%
CSX	B	0.31%
ALSN	B	0.3%
CPAY	A	0.29%
TJX	A	0.28%
MSI	B	0.27%
KMB	D	0.27%
WSO	A	0.27%
PYPL	B	0.26%
CHRD	D	0.25%
ACN	C	0.25%
BERY	B	0.25%
AM	A	0.25%
CAT	B	0.24%
MMM	D	0.23%
LSTR	D	0.23%
KO	D	0.22%
THC	D	0.22%
CL	D	0.22%
GIS	D	0.21%
LEA	D	0.21%
HCA	F	0.2%

VSMV Underweight 133 Positions Relative to VLUE

Symbol	Grade	Weight
CSCO	B	-6.43%
T	A	-6.04%
IBM	C	-3.86%
INTC	D	-3.65%
GM	B	-3.6%
VZ	C	-2.91%
AMAT	F	-2.37%
BAC	A	-2.25%
PFE	D	-2.07%
WFC	A	-1.92%
C	A	-1.78%
RTX	C	-1.77%
F	C	-1.68%
LEN	D	-1.49%
CVS	D	-1.46%
MO	A	-1.45%
GS	A	-1.43%
DHI	D	-1.4%
HPQ	B	-1.19%
FDX	B	-1.18%
NXPI	D	-1.12%
GLW	B	-1.1%
TEL	B	-1.02%
ELV	F	-0.97%
DELL	C	-0.84%
VLO	C	-0.78%
URI	B	-0.77%
PCAR	B	-0.76%
KR	B	-0.75%
KHC	F	-0.74%
WBD	C	-0.7%
ON	D	-0.67%
COF	B	-0.66%
ADM	D	-0.65%
PCG	A	-0.63%
JCI	C	-0.61%
FANG	D	-0.6%
CMI	A	-0.6%
CNC	D	-0.57%
WY	D	-0.55%
TFC	A	-0.54%
LHX	C	-0.53%
AIG	B	-0.5%
EXPE	B	-0.48%
USB	A	-0.48%
D	C	-0.47%
ZM	B	-0.47%
BK	A	-0.47%
MET	A	-0.46%
SWKS	F	-0.46%
VST	B	-0.45%
VTRS	A	-0.45%
PRU	A	-0.45%
MRO	B	-0.44%
TSN	B	-0.44%
GEN	B	-0.42%
FSLR	F	-0.38%
TAP	C	-0.38%
BLDR	D	-0.36%
OC	A	-0.36%
CTRA	B	-0.35%
TWLO	A	-0.34%
FOXA	B	-0.33%
OVV	B	-0.33%
JNPR	F	-0.33%
WAB	B	-0.32%
PPL	B	-0.32%
JBL	B	-0.31%
MTB	A	-0.31%
EQT	B	-0.28%
PARA	C	-0.27%
EVRG	A	-0.27%
CFG	B	-0.26%
STT	A	-0.26%
SSNC	B	-0.25%
DAL	C	-0.25%
LKQ	D	-0.24%
SYF	B	-0.24%
LH	C	-0.24%
TXT	D	-0.24%
UTHR	C	-0.23%
ATO	A	-0.23%
AZPN	A	-0.23%
DOW	F	-0.23%
CAG	D	-0.23%
HST	C	-0.23%
WBA	F	-0.22%
SJM	D	-0.22%
LYB	F	-0.22%
ES	D	-0.22%
HIG	B	-0.22%
FITB	A	-0.21%
GPN	B	-0.21%
BG	F	-0.2%
EXE	B	-0.2%
RF	A	-0.2%
IP	B	-0.19%
MAA	B	-0.19%
RPRX	D	-0.19%
DGX	A	-0.19%
KNX	B	-0.19%
FOX	A	-0.18%
UHS	D	-0.18%
QRVO	F	-0.18%
EG	C	-0.17%
MOS	F	-0.17%
CNH	C	-0.17%
HBAN	A	-0.17%
CF	B	-0.16%
DINO	D	-0.16%
APA	D	-0.15%
AKAM	D	-0.14%
SOLV	C	-0.14%
L	A	-0.13%
APTV	D	-0.13%
CPT	B	-0.13%
SW	A	-0.13%
KEY	B	-0.13%
FCNCA	A	-0.12%
EQH	B	-0.12%
ACI	C	-0.12%
LUV	C	-0.12%
UHAL	D	-0.11%
FBIN	D	-0.11%
NLY	C	-0.11%
ALLY	C	-0.1%
SWK	D	-0.1%
EMN	D	-0.1%
FNF	B	-0.09%
HII	D	-0.09%
BEN	C	-0.06%
WLK	D	-0.05%
BIO	D	-0.05%