VictoryShares US 500 Volatility Wtd ETF (CFA)
NASDAQ (NMS) NASDAQ (NMS) Primary Summary
CFA Chart
The U.S. Dollar: An Untapped Portfolio Diversifier
By Andrew Okrongly, CFA and Joe Tenaglia, CFA, CMT Key Takeaways The U.S. Dollar as a Diversifier: The dollar has exhibited a strong negative correlation to equities (-0.56 vs. the S&P 500 over 3 years), making it a powerful portfolio hedge.
CFA: Low-Volatility ETFs Have A Sharpe Ratio Problem
VictoryShares US 500 Volatility Wtd ETF implements a simple low-volatility strategy with a portfolio of 500 stocks. CFA is well-diversified with a focus on financials and industrials, and has value characteristics. CFA has underperformed the S&P 500 in return and Sharpe ratio since inception and shows a deeper drawdown, despite lower volatility.
VictoryShares US 500 Volatility Wtd ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 263 | $24,008.48 | $26,048.83 | $2,040.35 | 8.5% |
| RS Ramu Singh CALTON & ASSOCIATES Inc. | 2,269 | $206,434.71 | $224,710.41 | $18,275.7 | 8.85% |
 Jennifer Grunberg Allspring Global Investments Holdings LLC | 13,600 | $1.08M | $1.34M | $261,537.52 | 24.24% |
 Amanda Hawley Atria Wealth Solutions Inc. | 2,960 | $202,845.52 | $291,769.27 | $88,923.75 | 43.84% |
 Christopher C. Powers Farther Finance Advisors, LLC | 7,878 | $778,343 | $776,539.97 | -$1,803.03 | -0.23% |
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VictoryShares US 500 Volatility Wtd ETF Profile
| NASDAQ (NMS) Exchange | US Country |
Overview
The fund is designed to offer investors exposure to the largest U.S. stocks, specifically targeting those within the top 500 by market capitalization. It aims to achieve its investment objective by allocating at least 80% of its assets, whether directly or indirectly, into the securities that comprise the Nasdaq Victory U.S. Large Cap 500 Volatility Weighted Index. This particular index is unmanaged, volatility weighted, and is maintained solely by the index provider. The unique aspect of this fund is its focus on volatility weighting, which strives to provide a more risk-adjusted approach to investing in large-cap stocks in the United States.
Products and Services
- Large Cap Equity Investments
- Volatility Weighted Indexing
Through the fund, investors gain access to equity investments in the 500 largest U.S. companies by market capitalization. These companies are selected based on their size and market presence, providing a potentially stable investment in the large-cap sector. This service is especially suited for investors looking for exposure to major U.S. corporations with a less volatile investment approach.
The fund utilizes the Nasdaq Victory U.S. Large Cap 500 Volatility Weighted Index as its reference point for investments. This innovative index approach weights its constituents based on their volatility, not just on market capitalization. By prioritizing lower volatility stocks within the large-cap domain, the fund aims to offer a smoother investment experience, potentially reducing risk while maintaining exposure to significant growth opportunities within the U.S. economy.
