MODL vs USMC
VictoryShares WestEnd US Sector ETF vs Principal U.S. Mega-Cap ETF
Which is better, MODL or USMC?
Nearly the same fund. USMC costs less.
USMC has a lower expense ratio. MODL led over 1Y, USMC over 3Y and the full window. The two have moved almost in lockstep, correlation 0.97. MODL is less concentrated, with 34.5% of the fund in its ten largest positions against 55.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | MODL | USMC |
|---|---|---|
| Expense Ratio | 0.46% | 0.12%Best |
| AUM | $1.1B | $5.2B |
| Dividend Yield | 0.70% | 0.74% |
| Holdings | 724 | 58 |
| YTD Return | +11.79% | +13.98%Best |
| 1Y Return | +15.41%Best | +14.91% |
| 3Y Return (annualized) | +21.46% | +22.22%Best |
| 5Y Return (annualized) | - | +14.81% |
| Volatility (annualized) | 12.3%Best | 12.6% |
| Max Drawdown | -17.6%Best | -19.1% |
| $10,000 over 4 years | $21,972 | $24,103Best |
| Top 10 Weight | 34.5%Best | 55.3% |
| Fund Family | Victory Capital Management Inc. | Principal Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 11, 2022 | Oct 11, 2017 |
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Oct 12, 2022 to Oct 14, 2026 (4 years).
MODL vs USMC growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4 years both funds cover.
MODL vs USMC Performance
VictoryShares WestEnd US Sector ETF (MODL) is an ETF from Victory Capital Management Inc. and Principal U.S. Mega-Cap ETF (USMC) is an ETF from Principal Funds. Over the past year MODL returned +15.41% while USMC returned +14.91%. Year to date, MODL is up 11.79% versus a gain of 13.98% for USMC.
Over three years, MODL compounded at +21.46% per year against +22.22% for USMC. Across the full 4-year window we track, USMC has the edge at +24.60% annualized vs +21.75%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
USMC has been the more volatile fund, with annualized monthly volatility of 12.6% compared with 12.3% for MODL. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -17.6% for MODL and -19.1% for USMC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
MODL charges 0.46% per year while USMC charges 0.12%. On a $10,000 position that is $46 vs $12 annually, a gap of $34 per year that compounds over a long holding period. On income, MODL currently yields 0.70% against 0.74% for USMC.
Holdings Overlap
43.6% of MODL's money is in holdings USMC also owns. 81.7% of USMC's money is in holdings MODL also owns.
Most of USMC is already inside MODL. Owning both mostly buys the same companies twice.
19 positions in common, counted across the 361 positions we hold weights for in MODL and 27 in USMC, against full books of 724 and 58.
What only one of them owns
Our book lists 8 positions for USMC that do not appear in our book for MODL (18.2% of the fund), and 329 for MODL that do not appear in USMC (54.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in MODL | Weight in USMC | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 6.45% | 7.99% | 1.54% |
| AAPLApple, Inc | 6.16% | 7.40% | 1.24% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 4.58% | 5.55% | 0.97% |
| MUMicron Technology, Inc. | 1.39% | 7.18% | 5.79% |
| GOOGLAlphabet Inc Cap Stk Cl A | 3.12% | 5.33% | 2.21% |
| JPMJpmorgan Chase | 2.30% | 4.65% | 2.35% |
| AVGOBroadcom Inc | 2.17% | 4.44% | 2.27% |
| METAMeta Platform Inc | 2.22% | 3.92% | 1.70% |
| ABBVAbbvie Inc Accenture Plc, Class A | 2.69% | 3.37% | 0.68% |
| VVisa Inc-class A Shares | 1.49% | 4.54% | 3.05% |
81.7% of USMC is already inside MODL.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, MODL or USMC?
MODL has an expense ratio of 0.46% while USMC charges 0.12%. USMC is the cheaper option, by $34 a year on a $10,000 investment.
Which performed better, MODL or USMC?
Over the past year MODL returned +15.41% vs +14.91% for USMC, so MODL leads on 1-year performance. Over the longest common window we track (4 years), MODL annualized +21.75% vs +24.60% for USMC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MODL or USMC?
USMC has been the more volatile fund at 12.6% annualized versus 12.3% for MODL. Worst drawdown: MODL -17.6% vs USMC -19.1%.
Should I hold both MODL and USMC?
MODL and USMC have a monthly-return correlation of 0.97, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between MODL and USMC?
81.7% of USMC's money is in holdings MODL also owns. 81.7% of USMC's is in holdings MODL also owns. They hold 19 positions in common, counted across the 361 positions we hold weights for in MODL and 27 in USMC.
Which pays a higher dividend, MODL or USMC?
MODL yields 0.70% while USMC yields 0.74%, so USMC currently pays the higher dividend yield.
Is USMC better than MODL?
USMC has a lower expense ratio. MODL led over 1Y, USMC over 3Y and the full window. The two have moved almost in lockstep, correlation 0.97. MODL is less concentrated, with 34.5% of the fund in its ten largest positions against 55.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.