VictoryShares US 500 Enhanced Volatility Wtd ETF
Name
As of 01/26/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$568 M
Holdings in Top 10
3.6%
52 WEEK LOW AND HIGH
$60.9
$55.89
$65.06
Expenses
OPERATING FEES
Expense Ratio 0.44%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 01/26/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
CFO - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
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Legal NameVictoryShares US 500 Enhanced Volatility Wtd ETF
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Fund Family NameVictory Portfolios
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Inception DateN/A
-
Shares OutstandingN/A
-
Share ClassN/A
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CurrencyUSD
-
Domiciled CountryUS
Fund Description
The Fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets directly or indirectly in the securities included in the Nasdaq Victory US Large Cap 500 Long/Cash Volatility Weighted Index (the “Index”), an unmanaged, volatility weighted index maintained exclusively by Nasdaq, Inc. (the “Index Provider”). The Index Provider is not affiliated with the Fund or the Adviser.The Index combines fundamental criteria with individual security risk control achieved through volatility weighting of individual securities. In accordance with a rules-based mathematical formula, the Index tactically reduces its exposure to the equity markets during periods of significant market decline and reallocates to stocks when market prices have further declined or rebounded. The term “Enhanced” in the Fund’s name refers to a feature of the Index that is designed to enhance risk-adjusted returns while attempting to minimize downside market risk through defensive positioning, as described below.The Index follows a rules-based methodology to construct its constituent securities:◼The Index universe begins with all publicly traded U.S. stocks and then screens for all companies with positive earnings across the last 12 months.◼The Index identifies the 500 largest U.S. stocks by market capitalization measured at the time the Index’s constituent securities are determined.◼The 500 stocks are weighted based on their daily standard deviation (volatility) of daily price changes over the last 180 trading days. Stocks with lower volatility receive a higher weighting and stocks with higher volatility receive a lower weighting.The Index is reconstituted every March and September (based on information as of the prior month-end) and is adjusted to limit exposure to any particular sector to 25%. The Index may include more than or fewer than 500 stocks depending on the number of companies meeting the Index’s criteria. As of September 30, 2023, the Index had a market capitalization range from $0.5 billion to $2.7 trillion.The Index follows a mathematical index construction process designed to limit risk during periods of significant (non-normal) market decline by reducing its exposure to the equity market by allocating a portion of the Index to cash or cash equivalents. Market decline is measured at month-end by reference to the Nasdaq Victory US Large Cap 500 Volatility Weighted Index (“Reference Index”), an unmanaged, volatility weighted index, which is composed of the same securities as in the Index but without any allocation to cash or cash equivalents.A “significant market decline” means a decline of 10% or more from the Reference Index’s all-time daily high closing value compared to its most recent month-end closing value, during which the Index’s exposure to the market may be as low as 25% depending on the magnitude and duration of such decline.During a period of significant market decline that is 10% or more but less than 20% (the “initial trigger point”), the Index will allocate 75% of the stocks included in the Index to cash or cash equivalents, with the remaining 25% consisting of stocks included in the Reference Index.The Index will reallocate all or a portion of its cash or cash equivalents to stocks when the Reference Index reaches certain additional trigger points, measured at a subsequent month end, as follows:◼The Index will return to being 100% allocated to stocks if the subsequent month end closing value of the stocks in the Reference Index returns to a level that is less than the initial trigger point.◼If the Reference Index declines by 20% or more but less than 30% from its all-time daily high closing value as measured at a subsequent month end, the Index will reallocate an additional 25% to the stocks in the Reference Index at their current securities weightings and the Index will then be 50% allocated to stocks included in the Reference Index.◼If the Reference Index declines by 30% or more but less than 40% from its all-time daily high closing value as measured at a subsequent month end, the Index will reallocate another 25% to the stocks of the Reference Index at their current securities weighting and the Index will then be 75% allocated to stocks included in the Reference Index.◼If the Reference Index declines by 40% or more from its all-time daily high closing value as measured at a subsequent month end, the Index will reallocate the remaining 25% to the stocks in the Reference Index at their current securities weighting. At this point, the Index will be 100% allocated to stocks included in the Reference Index.The Index will make any prescribed allocations to cash in accordance with the mathematical formula only at month end. In the event that it does, the Fund may experience higher portfolio turnover and incur additional transaction costs.During any periods of significant market decline, when the Index’s exposure to the market is less than 100%, the cash portion of the Index will be invested in 30-day U.S. Treasury bills or in money market mutual funds that primarily invest in short-term U.S. Treasury obligations.While the Fund generally seeks to track the returns of the Index before fees and expenses by employing a replication strategy that seeks to hold all the stocks in the Index, at times the Fund may pursue its investment objective by investing in the Index securities indirectly by investing all or a portion of its assets in another investment company advised by the Adviser, including an exchange-traded fund (“ETF”), that seeks to track the Index or the Reference Index.The Fund’s investments are subject to the following principal risks:
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CFO - Performance
Return Ranking - Trailing
Period | CFO Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | N/A | N/A | N/A |
1 Yr | N/A | N/A | N/A | N/A |
3 Yr | N/A* | N/A | N/A | N/A |
5 Yr | N/A* | N/A | N/A | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Return Ranking - Calendar
Period | CFO Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | N/A | N/A | N/A |
2022 | N/A | N/A | N/A | N/A |
2021 | N/A | N/A | N/A | N/A |
2020 | N/A | N/A | N/A | N/A |
2019 | N/A | N/A | N/A | N/A |
Total Return Ranking - Trailing
Period | CFO Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | N/A | N/A | N/A |
1 Yr | N/A | N/A | N/A | N/A |
3 Yr | N/A* | N/A | N/A | N/A |
5 Yr | N/A* | N/A | N/A | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Total Return Ranking - Calendar
Period | CFO Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | N/A | N/A | N/A |
2022 | N/A | N/A | N/A | N/A |
2021 | N/A | N/A | N/A | N/A |
2020 | N/A | N/A | N/A | N/A |
2019 | N/A | N/A | N/A | N/A |
CFO - Holdings
Concentration Analysis
CFO | Category Low | Category High | CFO % Rank | |
---|---|---|---|---|
Net Assets | 568 M | N/A | N/A | N/A |
Number of Holdings | 506 | N/A | N/A | N/A |
Net Assets in Top 10 | 20.2 M | N/A | N/A | N/A |
Weighting of Top 10 | 3.57% | N/A | N/A | N/A |
Top 10 Holdings
- COCA COLA CO THE 0.41%
- WALMART INC 0.38%
- MCDONALD S CORP 0.38%
- PEPSICO INC 0.37%
- KELLOGG CO 0.35%
- PROCTER GAMBLE CO 0.35%
- KRAFT HEINZ CO THE 0.34%
- KIMBERLY CLARK CORP 0.33%
- YUM BRANDS INC 0.33%
- CENCORA INC 0.33%
Asset Allocation
Weighting | Return Low | Return High | CFO % Rank | |
---|---|---|---|---|
Stocks | 99.52% | N/A | N/A | N/A |
Cash | 0.49% | N/A | N/A | N/A |
Preferred Stocks | 0.00% | N/A | N/A | N/A |
Convertible Bonds | 0.00% | N/A | N/A | N/A |
Bonds | 0.00% | N/A | N/A | N/A |
Other | -0.02% | N/A | N/A | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | CFO % Rank | |
---|---|---|---|---|
Utilities | 0.00% | N/A | N/A | N/A |
Technology | 0.00% | N/A | N/A | N/A |
Real Estate | 0.00% | N/A | N/A | N/A |
Industrials | 0.00% | N/A | N/A | N/A |
Healthcare | 0.00% | N/A | N/A | N/A |
Financial Services | 0.00% | N/A | N/A | N/A |
Energy | 0.00% | N/A | N/A | N/A |
Communication Services | 0.00% | N/A | N/A | N/A |
Consumer Defense | 0.00% | N/A | N/A | N/A |
Consumer Cyclical | 0.00% | N/A | N/A | N/A |
Basic Materials | 0.00% | N/A | N/A | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | CFO % Rank | |
---|---|---|---|---|
US | 99.52% | N/A | N/A | N/A |
Non US | 0.00% | N/A | N/A | N/A |
CFO - Expenses
Operational Fees
CFO Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.44% | N/A | N/A | N/A |
Management Fee | 0.30% | N/A | N/A | N/A |
12b-1 Fee | N/A | N/A | N/A | N/A |
Administrative Fee | N/A | N/A | N/A | N/A |
Sales Fees
CFO Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | N/A | N/A | N/A |
Deferred Load | N/A | N/A | N/A | N/A |
Trading Fees
CFO Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
CFO Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | N/A | N/A | N/A |
CFO - Distributions
Dividend Yield Analysis
CFO | Category Low | Category High | CFO % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | N/A | N/A | N/A |
Dividend Distribution Analysis
CFO | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly |
Net Income Ratio Analysis
CFO | Category Low | Category High | CFO % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | N/A | N/A | N/A |
Capital Gain Distribution Analysis
CFO | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency |
Distributions History
Date | Amount | Type |
---|---|---|
Jan 16, 2024 | $0.205 | OrdinaryDividend |
Dec 20, 2023 | $0.099 | OrdinaryDividend |
Nov 10, 2023 | $0.067 | OrdinaryDividend |
Oct 13, 2023 | $0.113 | OrdinaryDividend |
Sep 08, 2023 | $0.086 | OrdinaryDividend |
Aug 10, 2023 | $0.076 | OrdinaryDividend |
Jul 12, 2023 | $0.167 | OrdinaryDividend |
Jun 13, 2023 | $0.115 | OrdinaryDividend |
May 12, 2023 | $0.033 | OrdinaryDividend |
Apr 13, 2023 | $0.089 | OrdinaryDividend |
Mar 14, 2023 | $0.122 | OrdinaryDividend |
Feb 14, 2023 | $0.076 | OrdinaryDividend |
Dec 20, 2022 | $0.341 | OrdinaryDividend |
Nov 10, 2022 | $0.101 | OrdinaryDividend |
Oct 13, 2022 | $0.104 | OrdinaryDividend |
Sep 13, 2022 | $0.107 | OrdinaryDividend |
Aug 11, 2022 | $0.051 | OrdinaryDividend |
Jul 13, 2022 | $0.115 | OrdinaryDividend |
Jun 14, 2022 | $0.014 | OrdinaryDividend |
May 12, 2022 | $0.023 | OrdinaryDividend |
Apr 13, 2022 | $0.087 | OrdinaryDividend |
Mar 15, 2022 | $0.127 | OrdinaryDividend |
Feb 14, 2022 | $0.034 | OrdinaryDividend |
Jan 14, 2022 | $0.012 | OrdinaryDividend |
Dec 20, 2021 | $0.219 | OrdinaryDividend |
Nov 10, 2021 | $0.037 | OrdinaryDividend |
Oct 13, 2021 | $0.078 | OrdinaryDividend |
Sep 13, 2021 | $0.082 | OrdinaryDividend |
Aug 11, 2021 | $0.042 | OrdinaryDividend |
Jul 13, 2021 | $0.084 | OrdinaryDividend |
Jun 14, 2021 | $0.062 | OrdinaryDividend |
May 12, 2021 | $0.037 | OrdinaryDividend |
Apr 13, 2021 | $0.072 | OrdinaryDividend |
Mar 15, 2021 | $0.068 | OrdinaryDividend |
Feb 12, 2021 | $0.039 | OrdinaryDividend |
Jan 14, 2021 | $0.001 | OrdinaryDividend |
Dec 18, 2020 | $0.142 | OrdinaryDividend |
Nov 16, 2020 | $0.036 | OrdinaryDividend |
Oct 09, 2020 | $0.072 | OrdinaryDividend |
Sep 11, 2020 | $0.063 | OrdinaryDividend |
Aug 14, 2020 | $0.001 | OrdinaryDividend |
Jul 10, 2020 | $0.031 | OrdinaryDividend |
Jun 12, 2020 | $0.046 | OrdinaryDividend |
May 15, 2020 | $0.012 | OrdinaryDividend |
Apr 09, 2020 | $0.029 | OrdinaryDividend |
Mar 13, 2020 | $0.086 | OrdinaryDividend |
Feb 14, 2020 | $0.031 | OrdinaryDividend |
Jan 10, 2020 | $0.010 | OrdinaryDividend |
Dec 20, 2019 | $0.153 | OrdinaryDividend |
Nov 15, 2019 | $0.033 | OrdinaryDividend |
Oct 17, 2019 | $0.070 | OrdinaryDividend |
Sep 12, 2019 | $0.072 | OrdinaryDividend |
Aug 16, 2019 | $0.025 | OrdinaryDividend |
Jul 19, 2019 | $0.078 | OrdinaryDividend |
Jun 17, 2019 | $0.080 | OrdinaryDividend |
May 17, 2019 | $0.019 | OrdinaryDividend |
Apr 18, 2019 | $0.090 | OrdinaryDividend |
Mar 11, 2019 | $0.069 | OrdinaryDividend |
Feb 15, 2019 | $0.061 | OrdinaryDividend |
Jan 18, 2019 | $0.010 | OrdinaryDividend |
Dec 21, 2018 | $0.125 | OrdinaryDividend |
Nov 16, 2018 | $0.050 | OrdinaryDividend |
Oct 19, 2018 | $0.063 | OrdinaryDividend |
Sep 11, 2018 | $0.065 | OrdinaryDividend |
Aug 17, 2018 | $0.028 | OrdinaryDividend |
Jul 19, 2018 | $0.059 | OrdinaryDividend |
Jun 15, 2018 | $0.075 | OrdinaryDividend |
May 18, 2018 | $0.028 | OrdinaryDividend |
Apr 19, 2018 | $0.069 | OrdinaryDividend |
Mar 09, 2018 | $0.068 | OrdinaryDividend |
Feb 16, 2018 | $0.018 | OrdinaryDividend |
Jan 19, 2018 | $0.008 | OrdinaryDividend |
Dec 17, 2017 | $0.128 | OrdinaryDividend |
Nov 17, 2017 | $0.017 | OrdinaryDividend |
Oct 19, 2017 | $0.054 | OrdinaryDividend |
Sep 11, 2017 | $0.094 | OrdinaryDividend |
Aug 18, 2017 | $0.024 | OrdinaryDividend |
Jul 21, 2017 | $0.012 | OrdinaryDividend |
Jun 16, 2017 | $0.059 | OrdinaryDividend |
May 19, 2017 | $0.031 | OrdinaryDividend |
Apr 21, 2017 | $0.068 | OrdinaryDividend |
Mar 10, 2017 | $0.041 | OrdinaryDividend |
Feb 17, 2017 | $0.026 | OrdinaryDividend |
Jan 20, 2017 | $0.020 | OrdinaryDividend |
Dec 16, 2016 | $0.083 | OrdinaryDividend |
Nov 18, 2016 | $0.087 | OrdinaryDividend |
Sep 12, 2016 | $0.109 | OrdinaryDividend |
Jun 17, 2016 | $0.146 | OrdinaryDividend |
Mar 11, 2016 | $0.118 | OrdinaryDividend |
Dec 31, 2015 | $0.165 | OrdinaryDividend |
Sep 25, 2015 | $0.109 | OrdinaryDividend |
Jun 19, 2015 | $0.096 | OrdinaryDividend |
Mar 20, 2015 | $0.099 | OrdinaryDividend |
Dec 19, 2014 | $0.125 | OrdinaryDividend |
Sep 19, 2014 | $0.060 | OrdinaryDividend |