VictoryShares WestEnd U.S. Sector ETF (MODL)
Market Closed
17 Jul, 20:00
NASDAQ (NMS) NASDAQ (NMS) Primary $
51. 01
-0.52
-1.0091%
$
1.02B Market Cap
0.07% Div Yield
41,400 Volume
$ 51.53
Previous Close 
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MODL: Macro-Based Fund Seeking To Outperform The S&P 500 Index
MODL dynamically adjusts its sector allocations based on its advisors' macroeconomic outlook. Despite its prior success, MODL has somewhat struggled since its launch two years ago. Underpinning the strategy is WestEnd Advisors' belief that sectors rarely remain in favor year after year. As a result, MODL's momentum features aren't as strong as some of its peers. One potential advantage is its current defensive positioning, evidenced by a relatively low five-year beta and high allocation to stocks in the Health Care sector.
Seekingalpha | 1 year ago
