XBI vs. USVM ETF Comparison

Comparison of SPDR S&P Biotech ETF (XBI) to VictoryShares USAA MSCI USA Small Cap Value Momentum ETF (USVM)

XBI

SPDR S&P Biotech ETF

XBI Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the biotechnology segment of a U.S. total market composite index. In seeking to track the performance of the S&P Biotechnology Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the biotechnology industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$93.17

Average Daily Volume

8,240,140

Number of Holdings ^*

128

* may have additional holdings in another (foreign) market

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

$88.17

Average Daily Volume

6,856

Number of Holdings ^*

278

* may have additional holdings in another (foreign) market

Performance

Period	XBI	USVM
30 Days	-6.67%	1.68%
60 Days	-8.29%	4.65%
90 Days	-8.48%	7.88%
12 Months	26.98%	34.52%

12 Overlapping Holdings

Symbol	Grade	Weight in XBI	Weight in USVM	Overlap
ADMA	C	1.11%	0.22%	0.22%
CRNX	C	0.84%	0.23%	0.23%
DYN	F	0.69%	0.1%	0.1%
EXEL	B	1.14%	0.52%	0.52%
HALO	F	1.59%	0.29%	0.29%
HUMA	F	0.19%	0.12%	0.12%
INSM	C	2.33%	0.13%	0.13%
JANX	C	0.51%	0.15%	0.15%
NTRA	A	2.5%	0.35%	0.35%
RNA	C	1.36%	0.16%	0.16%
VIR	F	0.24%	0.2%	0.2%
VKTX	F	2.51%	0.12%	0.12%

XBI Overweight 116 Positions Relative to USVM

Symbol	Grade	Weight
INCY	C	3.15%
UTHR	C	2.88%
GILD	C	2.87%
ABBV	F	2.51%
VRTX	D	2.51%
ALNY	D	2.49%
NBIX	C	2.46%
SRPT	F	2.35%
AMGN	D	2.35%
MDGL	C	2.27%
BIIB	F	2.16%
EXAS	D	1.97%
BMRN	F	1.91%
MRNA	F	1.79%
REGN	F	1.74%
CYTK	D	1.71%
BPMC	C	1.7%
CRSP	D	1.59%
RVMD	B	1.42%
TGTX	B	1.36%
KRYS	C	1.22%
IOVA	F	1.15%
ROIV	D	1.11%
IONS	F	1.1%
ALKS	C	1.06%
PCVX	D	0.95%
TWST	F	0.91%
BBIO	F	0.9%
GERN	F	0.88%
APLS	F	0.84%
ACLX	C	0.79%
AGIO	C	0.71%
RARE	F	0.71%
BEAM	C	0.7%
ACAD	C	0.7%
RXRX	D	0.67%
SWTX	C	0.66%
IMVT	F	0.65%
FOLD	F	0.64%
PTCT	C	0.62%
PTGX	D	0.61%
NTLA	F	0.59%
RYTM	C	0.59%
NUVL	D	0.58%
VERA	C	0.56%
ARWR	D	0.55%
IDYA	F	0.54%
ARDX	F	0.54%
SNDX	F	0.53%
DNLI	C	0.5%
MIRM	C	0.5%
NVAX	F	0.49%
SRRK	B	0.48%
VCYT	B	0.48%
KYMR	C	0.47%
AKRO	C	0.45%
DVAX	C	0.45%
CGON	F	0.44%
BCRX	D	0.41%
CPRX	C	0.41%
ARQT	C	0.41%
KROS	D	0.4%
VCEL	A	0.39%
NRIX	C	0.37%
CLDX	F	0.35%
SMMT	D	0.33%
MNKD	B	0.33%
IRON	C	0.33%
RCKT	F	0.32%
VRDN	D	0.32%
DAWN	D	0.31%
MYGN	F	0.28%
IRWD	F	0.27%
CGEM	F	0.26%
EBS	C	0.23%
TVTX	C	0.23%
CDNA	D	0.23%
KURA	F	0.23%
APLT	C	0.22%
XNCR	B	0.21%
RCUS	F	0.2%
CDMO	A	0.2%
ANNX	F	0.19%
SPRY	C	0.19%
VERV	D	0.19%
ARCT	F	0.18%
REPL	C	0.18%
ETNB	D	0.18%
ALT	C	0.17%
PRTA	F	0.16%
IMNM	F	0.16%
STOK	D	0.16%
RLAY	F	0.16%
OLMA	F	0.16%
COGT	D	0.16%
AVXL	C	0.15%
SAGE	F	0.14%
SANA	F	0.14%
ALLO	F	0.14%
CELC	F	0.13%
MDXG	A	0.12%
ANAB	F	0.12%
RGNX	D	0.12%
OCGN	F	0.12%
CCCC	F	0.12%
FDMT	F	0.11%
SVRA	F	0.1%
ERAS	C	0.1%
ORIC	F	0.09%
YMAB	F	0.08%
FATE	F	0.08%
ITOS	F	0.07%
KALV	F	0.07%
SCLX	F	0.07%
ALEC	F	0.06%
ABUS	D	0.06%

XBI Underweight 266 Positions Relative to USVM

Symbol	Grade	Weight
DTM	A	-0.8%
UNM	A	-0.78%
INGR	B	-0.69%
CACI	C	-0.69%
SF	B	-0.66%
CW	B	-0.66%
KBR	F	-0.62%
CTRE	C	-0.6%
CNX	A	-0.59%
GVA	A	-0.59%
ORI	A	-0.59%
EHC	B	-0.58%
TAP	B	-0.56%
NFG	A	-0.56%
SBRA	B	-0.56%
JEF	A	-0.56%
INVA	C	-0.56%
PINC	B	-0.54%
AXS	A	-0.54%
POST	C	-0.54%
AKR	A	-0.53%
TXRH	B	-0.53%
CALM	A	-0.52%
ESAB	C	-0.52%
NHI	D	-0.51%
FFIV	B	-0.51%
TGNA	B	-0.51%
AWI	B	-0.51%
PBH	A	-0.5%
ENSG	D	-0.5%
EVR	B	-0.5%
AGO	A	-0.49%
GEF	B	-0.49%
ALSN	B	-0.49%
CSWI	A	-0.49%
GHC	B	-0.48%
CNO	B	-0.48%
SNDR	B	-0.48%
CLH	C	-0.47%
MLI	B	-0.47%
PIPR	B	-0.46%
GNW	A	-0.46%
GEO	A	-0.46%
MTG	D	-0.46%
SWX	A	-0.46%
LRN	A	-0.46%
R	B	-0.45%
SFM	A	-0.45%
SNX	D	-0.45%
ASB	B	-0.45%
AVT	C	-0.45%
ACIW	B	-0.45%
SKYW	B	-0.45%
ESNT	D	-0.45%
MATX	B	-0.45%
GWRE	A	-0.45%
GPOR	A	-0.44%
CMC	B	-0.44%
MUSA	B	-0.44%
H	B	-0.44%
GBX	B	-0.44%
KFY	B	-0.43%
PRIM	A	-0.43%
PLXS	B	-0.43%
COOP	B	-0.43%
ENVA	B	-0.42%
BPOP	C	-0.42%
PSN	C	-0.42%
GMS	B	-0.42%
VCTR	B	-0.42%
KEX	B	-0.42%
HNI	B	-0.42%
STC	B	-0.41%
CUZ	B	-0.41%
ARW	F	-0.41%
MOG.A	B	-0.41%
CXW	B	-0.41%
RDN	D	-0.41%
SEB	F	-0.41%
RUSHA	B	-0.4%
MCY	B	-0.4%
PR	B	-0.4%
ROAD	A	-0.4%
ITGR	B	-0.4%
DVA	C	-0.4%
VSTO	A	-0.4%
WT	A	-0.39%
OVV	C	-0.39%
WKC	D	-0.39%
RL	C	-0.39%
BTU	C	-0.39%
CHRD	F	-0.39%
MDU	D	-0.39%
BCO	F	-0.38%
GPI	B	-0.38%
FSS	B	-0.38%
AROC	A	-0.38%
MTSI	B	-0.37%
QTWO	B	-0.37%
BIO	C	-0.37%
ESRT	C	-0.37%
CNK	A	-0.37%
UHS	D	-0.36%
PATK	D	-0.36%
DY	C	-0.36%
SPB	C	-0.36%
PK	D	-0.36%
AL	B	-0.36%
ENOV	C	-0.36%
BHF	C	-0.36%
WTTR	A	-0.36%
UVV	B	-0.36%
TTMI	B	-0.36%
FYBR	C	-0.35%
LMAT	A	-0.35%
IVZ	C	-0.35%
JXN	C	-0.35%
NAVI	F	-0.35%
JLL	D	-0.35%
ADUS	D	-0.35%
RDNT	B	-0.34%
PHIN	B	-0.34%
TMHC	B	-0.34%
HRB	D	-0.34%
LNC	B	-0.34%
MOS	D	-0.33%
WGO	D	-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	C	-0.32%
JBGS	F	-0.32%
CRS	A	-0.32%
UAA	C	-0.32%
ANDE	F	-0.32%
NMRK	B	-0.32%
STRL	A	-0.32%
CWEN	C	-0.32%
VIRT	A	-0.32%
PEB	F	-0.32%
ARI	C	-0.32%
CVLT	B	-0.32%
TPH	D	-0.31%
DDS	B	-0.31%
PRDO	B	-0.31%
AZZ	A	-0.31%
AN	D	-0.31%
LZB	B	-0.31%
ATGE	B	-0.31%
IIPR	F	-0.31%
FIX	A	-0.31%
MAC	A	-0.31%
CRL	D	-0.31%
CORT	C	-0.3%
SLG	B	-0.3%
CIVI	D	-0.3%
SOLV	F	-0.3%
INSW	F	-0.3%
NTCT	C	-0.3%
ADTN	A	-0.3%
IAC	D	-0.29%
COKE	C	-0.29%
SCS	B	-0.29%
BCC	C	-0.29%
SAH	B	-0.29%
VRNS	D	-0.29%
PRGO	C	-0.29%
VSH	F	-0.29%
NATL	B	-0.28%
LGND	C	-0.28%
BHE	B	-0.28%
KBH	D	-0.28%
PVH	C	-0.28%
SM	C	-0.28%
WING	D	-0.27%
VTLE	C	-0.27%
IESC	A	-0.27%
GT	C	-0.27%
AZTA	F	-0.27%
VERX	A	-0.27%
MEDP	D	-0.27%
GRBK	D	-0.27%
CUBI	C	-0.27%
DXC	D	-0.27%
PLUS	F	-0.26%
VYX	C	-0.26%
NSIT	F	-0.26%
POWL	C	-0.26%
AMRX	C	-0.26%
AEO	F	-0.26%
CNM	C	-0.26%
SANM	B	-0.26%
GKOS	A	-0.26%
CLF	F	-0.26%
LEVI	F	-0.25%
MTH	D	-0.25%
HCC	B	-0.25%
MHO	D	-0.25%
SLVM	C	-0.25%
COHR	B	-0.25%
HIMS	C	-0.25%
MHK	D	-0.24%
BFH	B	-0.24%
PBF	D	-0.24%
BOOT	D	-0.24%
CAL	F	-0.23%
LUMN	C	-0.23%
M	D	-0.23%
CAR	C	-0.23%
CCS	F	-0.23%
BMBL	C	-0.23%
JBLU	F	-0.22%
DKS	D	-0.22%
UCTT	F	-0.22%
TDS	B	-0.22%
LBPH	A	-0.22%
UFPT	C	-0.21%
REVG	B	-0.21%
MODG	F	-0.21%
MSGE	F	-0.21%
GES	F	-0.21%
ELAN	D	-0.2%
FTRE	D	-0.2%
MOD	A	-0.2%
COLL	F	-0.2%
PI	D	-0.2%
BKD	F	-0.2%
USM	B	-0.2%
VITL	D	-0.19%
KSS	F	-0.19%
AMR	C	-0.19%
CRUS	F	-0.19%
CLSK	C	-0.19%
LPG	F	-0.19%
PLAB	D	-0.19%
GAP	D	-0.19%
VECO	F	-0.19%
HTZ	C	-0.18%
ANF	C	-0.18%
OGN	F	-0.18%
XRX	F	-0.18%
VSTS	F	-0.17%
FORM	F	-0.17%
AMKR	F	-0.17%
SOUN	C	-0.17%
SATS	C	-0.17%
ODP	F	-0.16%
ONTO	F	-0.16%
QRVO	F	-0.16%
OMI	F	-0.16%
AHCO	D	-0.15%
DFH	F	-0.15%
MPW	F	-0.14%
ZETA	D	-0.14%
HE	C	-0.13%
HOV	D	-0.13%
NPAB	F	-0.13%
MRVI	F	-0.08%