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Name

As of 05/03/2024

Price

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

VictoryShares WestEnd U.S. Sector ETF

MODL | Active ETF

$35.02

$307 M

0.95%

$0.33

0.67%

Vitals

YTD Return

7.9%

1 yr return

21.6%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$307 M

Holdings in Top 10

35.5%

52 WEEK LOW AND HIGH

$34.6
$28.56
$35.80

Expenses

OPERATING FEES

Expense Ratio 0.67%

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 05/03/2024

Price

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

VictoryShares WestEnd U.S. Sector ETF

MODL | Active ETF

$35.02

$307 M

0.95%

$0.33

0.67%

MODL - Profile

Distributions

  • YTD Total Return 7.9%
  • 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
DIVIDENDS
  • Dividend Yield 0.9%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    VictoryShares WestEnd U.S. Sector ETF
  • Fund Family Name
    Victory Portfolios
  • Inception Date
    Oct 12, 2022
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

The Fund, under normal circumstances, invests at least 80% of its assets in U.S. equity securities of companies of any market capitalization size (e.g., small-, mid-, or large-cap) that are classified in one or more of the following sectors published by The Global Industry Classification Standard (“GICS®”): (1) Communication Services; (2) Consumer Discretionary; (3) Consumer Staples; (4) Energy; (5) Financials; (6) Health Care; (7) Industrials; (8) Information Technology; (9) Materials; (10) Real Estate; and (11) Utilities (“GICS® Sectors”). GICS® is an independent, industry classification system that assigns classifications based on an issuer’s primary business activity. The Fund may invest up to 10% of its assets in the shares of exchange-traded funds (“ETFs”) that primarily invest in U.S. equity securities of companies that are classified in one or more GICS® Sectors. The Fund’s investments in an ETF will count toward its “80%” policy to the extent that, at the time of purchase of the shares of the ETF, the ETF invests 80% or more of its assets in U.S. equity securities of companies that are classified in one or more GICS® Sectors. A security will be deemed to be economically tied to the United States if one or more of the following tests are met: (i) the company is organized in, or its primary business office or principal trading market of its equity is located in the United States, (ii) a majority of the company’s revenues are derived from the United States or (iii) a majority of the company’s assets are located in the United States.Victory Capital Management Inc. (the “Adviser”) serves as the Fund’s investment adviser. WestEnd Advisors, LLC (“WestEnd”), an investment franchise of the Adviser, is responsible for the day-to-day investment management of the Fund.In selecting securities for the Fund, WestEnd analyzes how the overall economy, including the markets, businesses, consumers, and governments behave. It then examines economy-wide factors such as interest rates, inflation, price levels, rates of economic growth, national income, domestic product, and unemployment, among others. We refer to these factors as “macroeconomic” factors. Using this investment approach, WestEnd seeks to achieve favorable returns by investing in GICS®Sectors (or avoiding investments in particular sectors) based on its evaluation of these macroeconomic factors.After identifying the broad macroeconomic factors that affect each GICS® Sector, WestEnd seeks to identify those economic conditions that may lead to higher profits, revenues, or growth for companies in particular GICS® Sectors. WestEnd allocates the Fund’s investments in particular sectors that it believes will most benefit from those economic conditions. Similarly, it avoids investments in particular sectors when it believes that those sectors are less likely to benefit from those conditions. We refer to this process as “top-down” analysis.While the Fund may at any given time have significant investments in any one or more of the GICS®Sectors, as of the date of this Prospectus, the Fund expects that it will have significant investments in the Health Care and Information Technology GICS® Sectors. Depending on its market analysis, the Adviser may change its sector allocations at any time.WestEnd invests in individual equity securities by selecting companies within each targeted GICS®Sector held in the Victory US Large Cap 500 Index, weighted in proportion to their index weight. The Victory US Large Cap 500 index is an unmanaged market-cap weighted index that consists of the largest 500 U.S. equity securities with readily available price data. Securities are sold when a targeted GICS® Sector has been eliminated or reduced from the sector model. Securities may also be sold as a result of being reduced or eliminated from the Victory US Large Cap 500 Index.The Fund’s investments are subject to the following principal risks:
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MODL - Performance

Return Ranking - Trailing

Period MODL Return Category Return Low Category Return High Rank in Category (%)
YTD 7.9% N/A N/A N/A
1 Yr 21.6% 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 MODL Return Category Return Low Category Return High Rank in Category (%)
2023 22.4% 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 MODL Return Category Return Low Category Return High Rank in Category (%)
YTD 7.9% N/A N/A N/A
1 Yr 21.6% 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 MODL Return Category Return Low Category Return High Rank in Category (%)
2023 23.7% 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

MODL - Holdings

Concentration Analysis

MODL Category Low Category High MODL % Rank
Net Assets 307 M N/A N/A N/A
Number of Holdings 281 N/A N/A N/A
Net Assets in Top 10 93.5 M N/A N/A N/A
Weighting of Top 10 35.52% N/A N/A N/A

Top 10 Holdings

  1. APPLE INC 6.48%
  2. MICROSOFT CORP 5.88%
  3. ALPHABET INC CLASS A 3.42%
  4. AMAZON COM INC 3.30%
  5. META PLATFORMS INC 3.30%
  6. ALPHABET INC CLASS C 2.90%
  7. ELI LILLY CO 2.82%
  8. UNITEDHEALTH GROUP INC 2.75%
  9. NVIDIA CORP 2.54%
  10. JOHNSON JOHNSON 2.12%

Asset Allocation

Weighting Return Low Return High MODL % Rank
Stocks 		99.56% N/A N/A N/A
Cash 		0.44% N/A N/A N/A
Other 		0.00% 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

Stock Sector Breakdown

Weighting Return Low Return High MODL % 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 MODL % Rank
US 		99.56% N/A N/A N/A
Non US 		0.00% N/A N/A N/A

MODL - Expenses

Operational Fees

MODL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.67% N/A N/A N/A
Management Fee 0.40% 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

MODL 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

MODL 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.

MODL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

MODL - Distributions

Dividend Yield Analysis

MODL Category Low Category High MODL % Rank
Dividend Yield 0.95% N/A N/A N/A

Dividend Distribution Analysis

MODL Category Low Category High Category Mod
Dividend Distribution Frequency Monthly

Net Income Ratio Analysis

MODL Category Low Category High MODL % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

MODL Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

MODL - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

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