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ULVM vs. VLUE
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ULVM vs. VLUE

Last updated Apr 1, 2026

Compare and contrast key facts about VictoryShares US Value Momentum ETF (ULVM) and iShares Edge MSCI USA Value Factor ETF (VLUE).

ULVM and VLUE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ULVM is a passively managed fund by Victory Capital that tracks the performance of the Nasdaq Victory US Value Momentum Index. It was launched on Oct 24, 2017. VLUE is a passively managed fund by iShares that tracks the performance of the MSCI USA Value Weighted Index. It was launched on Apr 16, 2013. Both ULVM and VLUE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

ULVM vs. VLUE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VictoryShares US Value Momentum ETF (ULVM) and iShares Edge MSCI USA Value Factor ETF (VLUE). The values are adjusted to include any dividend payments, if applicable.

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ULVM vs. VLUE - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ULVM
VictoryShares US Value Momentum ETF		4.86%15.84%19.76%10.16%-9.04%31.06%3.51%22.08%-12.07%4.30%
VLUE
iShares Edge MSCI USA Value Factor ETF		4.44%32.67%7.25%14.26%-14.17%28.93%-0.23%27.20%-11.13%6.00%

Returns By Period

In the year-to-date period, ULVM achieves a 4.86% return, which is significantly higher than VLUE's 4.44% return.

ULVM

1D
1.99%
1M
-4.07%
YTD
4.86%
6M
6.43%
1Y
21.16%
3Y*
17.09%
5Y*
11.08%
10Y*
—

VLUE

1D
2.68%
1M
-5.29%
YTD
4.44%
6M
14.88%
1Y
36.35%
3Y*
18.33%
5Y*
9.45%
10Y*
11.61%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

VictoryShares US Value Momentum ETF

iShares Edge MSCI USA Value Factor ETF

Often compared with ULVM:
ULVM vs. SEIVULVM vs. SPMOULVM vs. SPYULVM vs. FXAIXULVM vs. USVMULVM vs. JPUSULVM vs. ONEV
Often compared with VLUE:
VLUE vs. VLUVLUE vs. AVLVVLUE vs. IUSVVLUE vs. QVALVLUE vs. VOOVLUE vs. SCHVVLUE vs. SCHD

ULVM vs. VLUE - Expense Ratio Comparison

ULVM has a 0.20% expense ratio, which is higher than VLUE's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

ULVM
VictoryShares US Value Momentum ETF
VLUE
iShares Edge MSCI USA Value Factor ETF

Return for Risk

ULVM vs. VLUE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ULVM
ULVM Risk / Return Rank: 7474
Overall Rank
ULVM Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
ULVM Sortino Ratio Rank: 7373
Sortino Ratio Rank
ULVM Omega Ratio Rank: 7575
Omega Ratio Rank
ULVM Calmar Ratio Rank: 7070
Calmar Ratio Rank
ULVM Martin Ratio Rank: 8080
Martin Ratio Rank
VLUE
VLUE Risk / Return Rank: 9090
Overall Rank
VLUE Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
VLUE Sortino Ratio Rank: 9090
Sortino Ratio Rank
VLUE Omega Ratio Rank: 8989
Omega Ratio Rank
VLUE Calmar Ratio Rank: 9090
Calmar Ratio Rank
VLUE Martin Ratio Rank: 9292
Martin Ratio Rank
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.

ULVM vs. VLUE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VictoryShares US Value Momentum ETF (ULVM) and iShares Edge MSCI USA Value Factor ETF (VLUE). 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.

ULVMVLUEDifference

Sharpe ratio

Return per unit of total volatility

1.27

1.87

-0.60

Sortino ratio

Return per unit of downside risk

1.82

2.52

-0.70

Omega ratio

Gain probability vs. loss probability

1.28

1.36

-0.08

Calmar ratio

Return relative to maximum drawdown

1.76

2.92

-1.16

Martin ratio

Return relative to average drawdown

8.58

12.74

-4.16

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ULVM vs. VLUE - Sharpe Ratio Comparison

The current ULVM Sharpe Ratio is 1.27, which is lower than the VLUE Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of ULVM and VLUE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

ULVMVLUEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.27

1.87

-0.60

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.72

0.55

+0.17

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.59

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.52

0.61

-0.09

Correlation

The correlation between ULVM and VLUE is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

ULVM vs. VLUE - Dividend Comparison

ULVM's dividend yield for the trailing twelve months is around 1.72%, less than VLUE's 2.00% yield.

TTM20252024202320222021202020192018201720162015
ULVM
VictoryShares US Value Momentum ETF		1.72%1.81%1.57%1.94%1.91%1.36%1.51%1.88%1.67%0.38%0.00%0.00%
VLUE
iShares Edge MSCI USA Value Factor ETF		2.00%2.11%2.73%2.66%3.18%2.22%2.42%2.61%2.70%2.14%2.07%2.39%

Drawdowns

ULVM vs. VLUE - Drawdown Comparison

The maximum ULVM drawdown since its inception was -40.71%, roughly equal to the maximum VLUE drawdown of -39.47%. Use the drawdown chart below to compare losses from any high point for ULVM and VLUE.

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Drawdown Indicators

ULVMVLUEDifference

Max Drawdown

Largest peak-to-trough decline

-40.71%

-39.47%

-1.24%

Max Drawdown (1Y)

Largest decline over 1 year

-12.72%

-12.81%

+0.09%

Max Drawdown (5Y)

Largest decline over 5 years

-19.77%

-27.12%

+7.35%

Max Drawdown (10Y)

Largest decline over 10 years

—

-39.47%

—

Current Drawdown

Current decline from peak

-4.41%

-6.60%

+2.19%

Average Drawdown

Average peak-to-trough decline

-5.85%

-6.08%

+0.23%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.61%

2.94%

-0.33%

Volatility

ULVM vs. VLUE - Volatility Comparison

The current volatility for VictoryShares US Value Momentum ETF (ULVM) is 4.32%, while iShares Edge MSCI USA Value Factor ETF (VLUE) has a volatility of 6.26%. This indicates that ULVM experiences smaller price fluctuations and is considered to be less risky than VLUE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ULVMVLUEDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.32%

6.26%

-1.94%

Volatility (6M)

Calculated over the trailing 6-month period

8.24%

12.28%

-4.04%

Volatility (1Y)

Calculated over the trailing 1-year period

16.72%

19.55%

-2.83%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.54%

17.35%

-1.81%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.99%

19.61%

-0.62%