ULVM vs PIT

Comparison between VICTORYSHARES US VALUE MOMENTUM ETF FORMERLY VICTORYSHARES USAA MSCI USA VALUE MOMENTUM ETF (ULVM, ETF) and VANECK COMMODITY STRATEGY ETF (PIT, ETF).

ULVM vs PIT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ULVM(ETF)	PIT(ETF)
Net Assets	$260M	$260M
Expense Ratio	0.20%	0.55%
Max Drawdown	40.81%	17.20%
Sharpe Ratio	2.01	1.83
5Y Beta	0.76	0.16
P/E Ratio	18.95	N/A
Forward P/E	13.91	N/A
PEG Ratio	0.51	N/A
5Y Dividends CAGR	18.57%	N/A
5Y EPS CAGR	10.36%	N/A
Debt to Equity	13.14%	N/A
P/S Ratio	1.48	N/A
P/B Ratio	1.96	N/A

Net Assets

ULVM

$260M

PIT

$260M

Expense Ratio

Winner

ULVM

0.20%

PIT

0.55%

Max Drawdown

ULVM

40.81%

Winner

PIT

17.20%

Sharpe Ratio

Winner

ULVM

2.01

PIT

1.83

5Y Beta

ULVM

0.76

Winner

PIT

0.16

P/E Ratio

ULVM

18.95

PIT

N/A

Forward P/E

ULVM

13.91

PIT

N/A

PEG Ratio

ULVM

0.51

PIT

N/A

5Y Dividends CAGR

ULVM

18.57%

PIT

N/A

5Y EPS CAGR

ULVM

10.36%

PIT

N/A

Debt to Equity

ULVM

13.14%

PIT

N/A

P/S Ratio

ULVM

1.48

PIT

N/A

P/B Ratio

ULVM

1.96

PIT

N/A

ULVM vs PIT - Historical Returns

Returns include dividend reinvestment.

Period	ULVM	PIT
1 month	+2.14%	+9.95%
3 months	+7.65%	+2.70%
6 months	+14.24%	+28.91%
1 year	+28.10%	+50.80%
5 years(CAGR)	+12.63%	N/A
10 years(CAGR)	+11.13%	N/A
Max(CAGR)	+11.13%	+17.48%

ULVM

+2.14%

Winner

PIT

+9.95%

Winner

ULVM

+7.65%

PIT

+2.70%

ULVM

+14.24%

Winner

PIT

+28.91%

ULVM

+28.10%

Winner

PIT

+50.80%

5Y(CAGR)

ULVM

+12.63%

PIT

N/A

10Y(CAGR)

ULVM

+11.13%

PIT

N/A

Max(CAGR)

ULVM

+11.13%

Winner

PIT

+17.48%

ULVM vs PIT - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	ULVM	PIT
2026	+17.67%	+39.97%
2025	+16.00%	+20.59%
2024	+19.24%	+7.30%
2023	+10.56%	-1.51%
2022	-8.85%	+2.74%
2021	+32.46%	N/A
2020	+3.47%	N/A
2019	+22.30%	N/A
2018	-12.64%	N/A
2017	+4.30%	N/A

ULVM vs PIT Drawdown Comparison

The maximum drawdown for ULVM was -40.71%, occurring on Mar 23, 2020. Recovery took 206 trading sessions.

The maximum drawdown for PIT was -17.20%, occurring on Jun 24, 2026. This drawdown has not yet recovered.

The current ULVM drawdown is -0.26%. The current PIT drawdown is -5.50%.

Rank	ULVM	PIT
#1	-40.71% Feb 14, 2020 - Dec 8, 2020	-17.20% May 12, 2026 - Jun 24, 2026
#2	-21.95% Jan 26, 2018 - Dec 20, 2019	-12.27% Sep 14, 2023 - Jan 15, 2025
#3	-19.77% Jan 4, 2022 - Jan 25, 2024	-11.66% Apr 2, 2025 - Jun 13, 2025
#4	-18.14% Nov 29, 2024 - Jul 22, 2025	-11.38% Dec 30, 2022 - Jul 24, 2023
#5	-6.71% Jul 16, 2024 - Aug 23, 2024	-9.27% Jan 29, 2026 - Mar 2, 2026
#6	-6.47% Feb 26, 2026 - Apr 17, 2026	-6.08% Mar 18, 2026 - Mar 30, 2026
#7	-5.87% Nov 16, 2021 - Dec 27, 2021	-6.02% Apr 2, 2026 - Apr 28, 2026
#8	-5.69% Mar 28, 2024 - Jul 11, 2024	-4.66% Jul 29, 2025 - Sep 2, 2025
#9	-5.24% Jun 8, 2021 - Aug 3, 2021	-4.63% Feb 20, 2025 - Mar 31, 2025
#10	-5.03% Sep 2, 2021 - Oct 20, 2021	-4.35% Jun 18, 2025 - Jul 11, 2025
#11	-4.16% Aug 30, 2024 - Sep 19, 2024	-3.48% Nov 11, 2025 - Dec 5, 2025
#12	-4.07% Feb 12, 2021 - Mar 10, 2021	-3.01% May 4, 2026 - May 11, 2026
#13	-4.02% May 7, 2021 - May 27, 2021	-2.81% Oct 8, 2025 - Oct 23, 2025
#14	-3.87% Mar 15, 2021 - Apr 5, 2021	-2.72% Dec 5, 2025 - Dec 22, 2025
#15	-3.62% Jan 23, 2020 - Feb 11, 2020	-2.63% Aug 9, 2023 - Aug 31, 2023