VictoryShares US 500 Volatility Wtd ETF

Frequently Asked Questions About CFA

What does CFA invest in?

The VictoryShares US 500 Volatility Wtd ETF (CFA) offers investors exposure to leading large-capitalization American companies. It distinguishes itself by avoiding the inherent drawbacks often associated with traditional market-cap weighting strategies. The fund's primary objective is to mirror the performance of the Nasdaq Victory US Large Cap 500 Volatility Weighted Index, before any expenses or fees are deducted. Its unique weighting methodology combines careful consideration of fundamental business criteria with a volatility-based approach, aiming to potentially surpass the returns of conventional cap-weighted index funds.

What is the expense ratio of CFA?

VictoryShares US 500 Volatility Wtd ETF (CFA) charges an expense ratio of 0.39%. This is the annual fee deducted from fund assets to cover management and operations.

How big is CFA?

VictoryShares US 500 Volatility Wtd ETF (CFA) manages $530.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is CFA actively managed or an index fund?

CFA's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was CFA launched?

VictoryShares US 500 Volatility Wtd ETF (CFA) launched in July 2014 and is managed by Victory Capital.

How has CFA performed?

CFA's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.