GLRY vs. USVM

Last updated Jul 14, 2026

GLRY (Inspire Faithward Mid Cap Momentum ESG ETF) and USVM (VictoryShares US Small Mid Cap Value Momentum ETF) are both Momentum funds. GLRY is actively managed, while USVM is passively managed. Over the past 5 years, GLRY returned 9.14%/yr vs 11.31%/yr for USVM. Their correlation of 0.87 suggests significant overlap in exposure. GLRY charges 0.85%/yr vs 0.29%/yr for USVM.

Performance

GLRY vs. USVM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Inspire Faithward Mid Cap Momentum ESG ETF (GLRY) and VictoryShares US Small Mid Cap Value Momentum ETF (USVM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GLRY achieves a 15.74% return, which is significantly lower than USVM's 20.14% return.

GLRY

• 1D: -1.92%
• 1M: -2.68%
• 6M: 9.91%
• YTD: 15.74%
• 1Y: 25.65%
• 3Y*: 17.50%
• 5Y*: 9.14%
• 10Y*: —

USVM

• 1D: -0.19%
• 1M: 0.93%
• 6M: 14.65%
• YTD: 20.14%
• 1Y: 30.87%
• 3Y*: 19.18%
• 5Y*: 11.31%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

GLRY vs. USVM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
GLRY Inspire Faithward Mid Cap Momentum ESG ETF	15.74%	16.50%	16.59%	19.58%	-22.50%	15.97%	4.64%
USVM VictoryShares US Small Mid Cap Value Momentum ETF	20.14%	10.56%	16.59%	18.90%	-13.23%	24.44%	3.74%

Correlation

The correlation between GLRY and USVM is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.73
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (All Time) Calculated using the full available price history since Dec 8, 2020	0.87

The correlation between GLRY and USVM shifts across timeframes, from 0.73 (1 year) to 0.88 (5 years), reflecting how their relationship changes across market environments.

GLRY vs. USVM - Sectors Allocation Comparison

Sectors	GLRY	USVM
Technology	27.6%	8.7%
Industrials	24.6%	10.6%
Consumer Cyclical	12.0%	12.3%
Financial Services	10.2%	25.1%
Healthcare	8.1%	12.8%
Communication Services	6.3%	3.0%
Utilities	3.0%	7.4%
Real Estate	2.6%	9.6%
Energy	2.5%	5.1%
Basic Materials	1.8%	1.7%
Consumer Defensive	1.4%	3.7%

Return for Risk

GLRY vs. USVM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GLRY

GLRY Risk / Return Rank: 50
GLRY Sharpe Ratio Rank: 46
GLRY Sortino Ratio Rank: 44
GLRY Omega Ratio Rank: 45
GLRY Calmar Ratio Rank: 60
GLRY Martin Ratio Rank: 57

USVM

USVM Risk / Return Rank: 84
USVM Sharpe Ratio Rank: 83
USVM Sortino Ratio Rank: 86
USVM Omega Ratio Rank: 79
USVM Calmar Ratio Rank: 85
USVM Martin Ratio Rank: 86

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GLRY vs. USVM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Inspire Faithward Mid Cap Momentum ESG ETF (GLRY) and VictoryShares US Small Mid Cap Value Momentum ETF (USVM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GLRY	USVM	Difference
Sharpe ratio: Return per unit of total volatility	1.29	2.09	-0.80
Sortino ratio: Return per unit of downside risk	1.82	3.06	-1.25
Omega ratio: Gain probability vs. loss probability	1.23	1.37	-0.13
Calmar ratio: Return relative to maximum drawdown	2.37	3.71	-1.34
Martin ratio: Return relative to average drawdown	7.93	13.98	-6.05

GLRY vs. USVM - Sharpe Ratio Comparison

The current GLRY Sharpe Ratio is 1.29, which is lower than the USVM Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of GLRY and USVM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GLRY vs. USVM - Drawdown Comparison

The maximum GLRY drawdown since its inception was -40.60%, roughly equal to the maximum USVM drawdown of -42.38%. Use the drawdown chart below to compare losses from any high point for GLRY and USVM.

Drawdown Indicators

	GLRY	USVM	Difference
Max Drawdown Largest peak-to-trough decline	-40.60%	-42.38%	+1.78%
Max Drawdown (1Y) Largest decline over 1 year	-10.89%	-8.36%	-2.53%
Max Drawdown (3Y) Largest decline over 3 years	-20.50%	-24.34%	+3.84%
Max Drawdown (5Y) Largest decline over 5 years	-34.63%	-25.27%	-9.36%
Current Drawdown Current decline from peak	-5.24%	-0.92%	-4.32%
Average Drawdown Average peak-to-trough decline	-15.77%	-7.81%	-7.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.24%	2.21%	+1.03%

Volatility

GLRY vs. USVM - Volatility Comparison

Inspire Faithward Mid Cap Momentum ESG ETF (GLRY) has a higher volatility of 8.20% compared to VictoryShares US Small Mid Cap Value Momentum ETF (USVM) at 3.46%. This indicates that GLRY's price experiences larger fluctuations and is considered to be riskier than USVM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GLRY	USVM	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.20%	3.46%	+4.74%
Volatility (6M) Calculated over the trailing 6-month period	16.67%	10.86%	+5.81%
Volatility (1Y) Calculated over the trailing 1-year period	19.94%	14.83%	+5.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.27%	19.57%	+0.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.51%	21.91%	-0.40%

GLRY vs. USVM - Expense Ratio Comparison

GLRY has a 0.85% expense ratio, which is higher than USVM's 0.29% expense ratio.

Dividends

GLRY vs. USVM - Dividend Comparison

GLRY's dividend yield for the trailing twelve months is around 0.17%, less than USVM's 1.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
GLRY Inspire Faithward Mid Cap Momentum ESG ETF	0.17%	0.34%	0.52%	1.07%	1.04%	4.00%	0.00%	0.00%	0.00%	0.00%
USVM VictoryShares US Small Mid Cap Value Momentum ETF	1.83%	1.84%	1.75%	1.63%	1.43%	0.70%	1.21%	1.77%	1.43%	0.65%

Frequently Asked Questions

Can I hold both GLRY and USVM in my portfolio?

GLRY and USVM have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GLRY or USVM?

GLRY has higher volatility (8.20%) compared to USVM (3.46%). In terms of maximum drawdown, GLRY dropped -40.60% vs USVM's -42.38%.

Which ETF is better, GLRY or USVM?

On 5-year performance, USVM leads with 11.31% vs 9.14% for GLRY. On fees, USVM is cheaper at 0.29% per year. On volatility, USVM has been the lower-risk option at 3.46%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GLRY or USVM?

Over the 5-year period, USVM has performed better with a 11.31% return vs 9.14%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GLRY or USVM?

USVM is cheaper with a 0.29% expense ratio, compared with 0.85% for GLRY.

Which ETF pays a higher dividend yield, GLRY or USVM?

USVM has the higher dividend yield at 1.83%, compared with 0.17% for GLRY.

What is the main difference between GLRY and USVM?

They also come from different issuers: Inspire and Victory Capital. Their fees differ too: 0.85% for GLRY and 0.29% for USVM.

Which has better risk-adjusted returns?

USVM currently has the higher Sharpe Ratio (2.09 vs 1.29), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.