Symbols

VSMV

VictoryShares US Multi-Factor Minimum Volatility ETF·NASDAQ

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Key Stats

Assets Under Management

163.04MUSD

Fund Flows (1Y)

29.61MUSD

Dividend Yield

1.31%

Discount/Premium to NAV

-0.03%

Shares Outstanding

2.90M

Expense Ratio

0.35%

About VictoryShares US Multi-Factor Minimum Volatility ETF

Issuer

Victory Capital

Brand

VictoryShares

Home Page

https://www.vcm.com/products/victoryshares-etfs/victoryshares-etfs-list/victoryshares-us-multi-factor-minimum-volatility-etf

Inception Date

Jun 22, 2017

Structure

Open-Ended Fund

Index Tracked

Nasdaq Victory US Multi-Factor Minimum Volatility Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Victory Capital Management, Inc. (Investment Management)

Distributor

Foreside Fund Services LLC

VSMV aims to provide enhanced, risk-adjusted equity returns, while seeking to minimize volatility. The fund pulls its holdings from the Nasdaq US Large mid-cap Index by scoring components on nine fundamental and technical factors—such as earnings quality, growth, momentum, and profitability—and selecting the top 20%. The fund optimizes the weight of each stock to minimize overall portfolio volatility while staying within the bounds of a series of industry and security constraints. Although VSMV seeks to offer a diversified portfolio with better returns, it faces stiff competition in the increasingly crowded total-market US equity space. The underlying index is reconstituted and rebalanced on a semi-annual basis.