USSPX: USAA S&P 500 Index Member

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USSPX USAA S&P 500 Index Member


Profile

USSPX - Profile

Vitals

  • YTD Return 7.2%
  • 3 Yr Annualized Return 9.7%
  • 5 Yr Annualized Return 10.5%
  • Net Assets $8.54 B
  • Holdings in Top 10 28.7%

52 WEEK LOW AND HIGH

$47.10
$30.83
$49.85

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.26%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 13.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $3,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 7.2%
  • 3 Yr Annualized Total Return 9.7%
  • 5 Yr Annualized Total Return 10.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.73%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    USAA 500 Index Fund
  • Fund Family Name
    USAA
  • Inception Date
    May 01, 1996
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Mannik Dhillon

Fund Description

The fund's principal investment strategy is, under normal market conditions, to invest at least 80% of the fund's assets in the common stocks of companies composing the index. In seeking to track the performance of the index, the fund's subadviser attempts to allocate the fund's investments among stocks in approximately the same weightings as the index, beginning with the stocks that make up the larger portion of the index's value.


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Categories

Performance

USSPX - Performance

Return Ranking - Trailing

Period USSPX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.2% -37.3% 2024.0% 13.60%
1 Yr 11.1% -73.2% 2141.2% 23.76%
3 Yr 9.7%* -33.7% 192.6% 12.34%
5 Yr 10.5%* -21.2% 98.8% 7.64%
10 Yr 10.8%* -6.1% 39.3% 12.72%

* Annualized

Return Ranking - Calendar

Period USSPX Return Category Return Low Category Return High Rank in Category (%)
2019 24.7% -72.6% 39.5% 34.30%
2018 -7.3% -67.0% 10.0% 12.20%
2017 19.5% -32.8% 33.2% 13.80%
2016 9.0% -18.6% 19.7% 27.00%
2015 -0.8% -35.5% 7.8% 12.08%

Total Return Ranking - Trailing

Period USSPX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.2% -37.3% 2024.0% 13.60%
1 Yr 11.1% -73.2% 2141.2% 23.76%
3 Yr 9.7%* -33.7% 192.6% 22.32%
5 Yr 10.5%* -14.0% 98.8% 21.98%
10 Yr 10.8%* -4.3% 39.3% 43.64%

* Annualized

Total Return Ranking - Calendar

Period USSPX Return Category Return Low Category Return High Rank in Category (%)
2019 24.7% -72.6% 39.5% 34.30%
2018 -7.3% -67.0% 10.0% 39.00%
2017 19.5% -22.1% 33.2% 50.81%
2016 9.0% -16.4% 26.8% 57.53%
2015 -0.8% -26.4% 106.5% 40.02%

NAV & Total Return History


Holdings

USSPX - Holdings

Concentration Analysis

USSPX Category Low Category High USSPX % Rank
Net Assets 8.54 B 1.14 K 974 B 11.50%
Number of Holdings 502 1 3529 20.83%
Net Assets in Top 10 2.19 B 48.8 K 236 B 15.15%
Weighting of Top 10 28.66% 3.2% 100.0% 65.84%

Top 10 Holdings

  1. Apple Inc 6.14%
  2. Microsoft Corp 5.86%
  3. Amazon.com Inc 4.83%
  4. Alphabet Inc Class C 3.35%
  5. Facebook Inc A 1.98%
  6. Berkshire Hathaway Inc Class B 1.52%
  7. Johnson & Johnson 1.41%
  8. Visa Inc Class A 1.33%
  9. Procter & Gamble Co 1.14%
  10. JPMorgan Chase & Co 1.10%

Asset Allocation

Weighting Return Low Return High USSPX % Rank
Stocks
99.82% 80.83% 167.47% 20.16%
Cash
0.17% -124.99% 19.17% 75.53%
Preferred Stocks
0.00% 0.00% 14.67% 62.16%
Other
0.00% -4.07% 88.39% 61.35%
Convertible Bonds
0.00% 0.00% 13.87% 61.10%
Bonds
0.00% 0.00% 72.82% 63.81%

Stock Sector Breakdown

Weighting Return Low Return High USSPX % Rank
Technology
24.50% 0.00% 38.54% 26.24%
Healthcare
14.14% 0.00% 31.05% 72.28%
Financial Services
13.35% 0.00% 42.66% 45.96%
Consumer Cyclical
11.05% 0.00% 50.96% 53.63%
Communication Services
10.85% 0.00% 28.36% 40.02%
Industrials
7.89% 0.00% 28.15% 77.39%
Consumer Defense
7.45% 0.00% 32.98% 49.59%
Real Estate
3.39% 0.00% 12.00% 28.22%
Utilities
3.05% 0.00% 29.37% 41.01%
Energy
2.72% -1.47% 13.74% 35.31%
Basic Materials
1.61% -0.14% 13.17% 75.41%

Stock Geographic Breakdown

Weighting Return Low Return High USSPX % Rank
US
99.75% 80.53% 157.79% 6.08%
Non US
0.07% -1.85% 19.64% 88.41%

Expenses

USSPX - Expenses

Operational Fees

USSPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.26% 0.01% 49.73% 91.53%
Management Fee 0.10% 0.00% 2.00% 8.70%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.06% 0.00% 0.95% 30.12%

Sales Fees

USSPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.75% N/A
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

USSPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% 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.

USSPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 13.00% 0.00% 475.00% 22.00%

Distributions

USSPX - Distributions

Dividend Yield Analysis

USSPX Category Low Category High USSPX % Rank
Dividend Yield 0.00% 0.00% 15.19% 60.81%

Dividend Distribution Analysis

USSPX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Quarterly

Net Income Ratio Analysis

USSPX Category Low Category High USSPX % Rank
Net Income Ratio 1.73% -3.93% 3.34% 20.96%

Capital Gain Distribution Analysis

USSPX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History

View More +

Fund Manager Analysis

USSPX - Fund Manager Analysis

Managers

Mannik Dhillon


Start Date

Tenure

Tenure Rank

Jul 01, 2019

1.17

1.2%

Mannik S. Dhillon serves as President of VictoryShares and Solutions for Victory Capital. In his role, he leads and oversees the firms' exchange-traded and solutions business. He is also responsible for setting the strategy and initiating the development and implementation of Victory's strategic beta-based offerings. Additionally, he manages the solutions provided by our investment franchises, which includes product enhancements, extensions and innovations designed to best meet the needs of clients. Mr. Dhillon also contributes to the evaluation of capabilities of potential new franchises as part of the firm's acquisition strategy.

Wasif Latif


Start Date

Tenure

Tenure Rank

Jul 01, 2019

1.17

1.2%

Wasif A. Latif, Head of Investments, VictoryShares and Solutions, has co-managed the Fund since July 2019. He is Head of Global Multi-Assets for USAA Asset Management Company and he has worked for the firm since June 2006. Prior to joining USAA Asset Management Company, he was an equity portfolio manager at Deutsche Bank Private Wealth Management (DB PWM) from December 1998 to May 2006, where he was responsible for managing two fund-of-fund products and an international equity fund. Latif was also a member of DB PWM's U.S. Investment Committee responsible for covering the international equity and emerging markets asset classes. Mr. Latif holds a B.S. in finance from University of Indianapolis and a M.B.A. from University of Illinois at Chicago.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 34.15 6.43 0.67