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VOEvsULVMETF Comparison

ETF 1
VOE

Vanguard Mid-Cap Value ETF

This fund is part of
US Mid Cap Value
-0.22%
Full VOE fund page
VS
ETF 2
ULVM

VictoryShares US Value Momentum ETF

This fund is part of
US Multi-Factor
-0.15%
Full ULVM fund page

Vanguard Mid-Cap Value ETF (VOE) belongs to the US Mid Cap Value segment. VictoryShares US Value Momentum ETF (ULVM) is part of the US Multi-Factor segment. VOE's top 3 sector exposures are Financials, Industrials and Utilities. In contrast, ULVM's top sector exposures are Financials, Information Technology and Industrials. VOE is less expensive with a Total Expense Ratio (TER) of 0.05%, versus 0.25% for ULVM. VOE is up 4.7% year-to-date (YTD) with +$175M in YTD flows. ULVM performs better with 6.02% YTD performance, and +$19M in YTD flows. Run a side-by-side ETF comparison of VOE and ULVM below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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VOE vs ULVM performance and flow charts

Performance

-3.0-2.0-1.00.01.0%Feb 11Feb 19Feb 26Mar 5

Cumulative Flows

0 M10 M20 M30 M40 M50 MFeb 11Feb 19Feb 26Mar 5

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Historic performance and flows
Data as of 03/11/2026
1M3MYTD1Y3Y5Y
Perf.
VOE
ULVM
-3.48%-2.64%
+3.03%+4.87%
+4.70%+6.02%
+19.56%+24.69%
+52.64%+68.24%
+53.00%+74.96%
Flows
VOE
ULVM
+$24M+$5M
+$325M+$19M
+$175M+$19M
+$1.15B+$54M
-$168M-$69M
+$3.00B-$413M
Volatility and drawdown
3M1Y3Y5Y
Volatility
VOE
ULVM
+12.00%+11.05%
+16.36%+16.97%
+14.06%+14.03%
+16.04%+15.71%
Max drawdown
VOE
ULVM
-4.55%-3.52%
-12.42%-13.34%
-18.39%-18.21%
-19.75%-19.79%
Max drawdown duration
VOE
ULVM
13d13d
37d46d
263d232d
672d717d
Trading data

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VOE
ULVM
Last sale
3/12/2026 at 1:30 PM
$183.10
$95.54
Previous close
03/11/2026
$185.65
$96.52
Consolidated volume
03/11/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

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VOE
ULVM
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 3/12/2026 at 1:30 PM
Live
Closed
VOE
ULVM
Last price
$183.10
$95.54
1D performance
-1.37%
-1.02%
AuM$21.31 B$236.47 M
E/R0.05%0.25%
Characteristics
VOE
ULVM
Management strategyPassivePassive
ProviderVanguardVictoryShares
BenchmarkCRSP U.S. Mid Cap Value IndexNasdaq Victory US Value Momentum Index
N° of holdings169118
Asset classEquitiesEquities
Trailing 12m distribution yield
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Inception dateAugust 17, 2006October 24, 2017
ESGNoNo
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Exposure

Countries

VOE
USA
93.44%
Other
6.56%
ULVM
USA
93.36%
Other
6.64%

Sectors

VOE
Financials
16.37%
Industrials
12.58%
Utilities
11.16%
Energy
10.26%
Information Techn.
9.82%
Consumer Discreti.
7.62%
Other
32.19%
ULVM
Financials
18.37%
Information Techn.
13.42%
Industrials
13.04%
Health Care
11.16%
Utilities
9.7%
Other
34.31%
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Diversification

VOE

Total weight of top 15 holdings out of 15

19.78%
ULVM

Total weight of top 15 holdings out of 15

19.39%

Top 15 holdings

Data as of January 31, 2026
VOE
NEWMONT CORP
2.19%
WESTERN DIGITAL
1.53%
CRH PLC
1.47%
CUMMINS
1.43%
CORNING
1.43%
GENERAL MOTORS
1.40%
SCHLUMBERGER
1.29%
AMERISOURCEBERGEN
1.18%
IE000IVNQZ81
1.17%
WARNER BROS. DISCOVERY
1.16%
PACCAR
1.15%
L3 HARRIS TECHNOLOGIES
1.15%
ARTHUR J GALLAGHER
1.15%
BECTON DICKINSON AND CO
1.04%
PHILLIPS 66
1.03%
ULVM
CENTERPOINT ENERGY
1.47%
REALTY INCOME REIT
1.45%
AMEREN
1.42%
L3 HARRIS TECHNOLOGIES
1.40%
EVERGY
1.37%
ATMOS ENERGY
1.36%
JOHNSON&JOHNSON
1.33%
VICI PROPERTIES INC
1.28%
TELEDYNE TECH
1.27%
EXELON CORP
1.21%
GENERAL DYNAMICS
1.18%
ENTERGY
1.18%
LOEWS
1.16%
BERKSHIRE HATHWAY
1.16%
ALTRIA GROUP
1.15%
Frequently asked questions about VOE and ULVM

How have the VOE and ULVM ETFs performed in 2026?

As of March 11, 2026, VOE is up 4.7% year-to-date (YTD), while ULVM has returned 6.02%. That puts ULVM better performer ahead so far this year.

Which ETF is attracting more investor money: VOE or ULVM?

Year-to-date, the VOE ETF saw +$175M in flows, compared to +$19M for ULVM.

Which ETF is more volatile: VOE or ULVM?

Over the past year, VOE had a volatility of 16.36%, while ULVM experienced 16.97%.

Which ETF is bigger: VOE or ULVM?

As of March 11, 2026, VOE holds $21.31 B in assets under management (AUM), while ULVM manages $236.47 M.

What sectors do the VOE and ULVM ETFs invest in?

VOE leans toward sectors like Financials, Industrials and Utilities. Meanwhile, ULVM focuses on Financials, Information Technology and Industrials.

What are the top holdings of the VOE ETF and ULVM ETF?

VOE top holdings include NEWMONT CORP, WESTERN DIGITAL and CRH PLC. ULVM holds in its top three: CENTERPOINT ENERGY, REALTY INCOME REIT and AMEREN.

Which ETF is more diversified: VOE or ULVM?

VOE holds 178 securities with 19.78% of its assets in the top 15. ULVM has 121 securities and a top 15 weight of 19.39%.

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