VictoryShares US 500 Enhanced ETF (CFO)

CFO: A Timing Methodology Failing For 10 Years

VictoryShares US 500 Enhanced Volatility Wtd ETF (CFO) combines low-volatility weighting with market timing. CFO's unconventional timing rules have reduced drawdown and volatility but result in lower risk-adjusted performance compared to SPY and CFA. CFO has significantly underperformed several low-volatility and market-timing ETFs, with PTLC showing much better market timing success.