VictoryShares US 500 Enhanced Volatility Wtd ETF

Frequently Asked Questions About CFO

What does CFO invest in?

The VictoryShares US 500 Enhanced Volatility Wtd ETF aims to mirror the investment performance of the Nasdaq Victory US Large Cap 500 Long/Cash Volatility Weighted Index (referred to as the Long/Cash Index), prior to any fees or expenses. This fund employs a distinctive volatility weighting approach, which integrates fundamental criteria to potentially outperform conventional market capitalization-weighted indexing strategies. The underlying Long/Cash Index strategically reduces its equity market exposure during periods of significant downturns, then re-enters the market once asset prices have either fallen further or recovered. The Long/Cash Index's valuation is derived from the month-end price of the Nasdaq Victory US Large Cap 500 Volatility Weighted Index, known as the "Reference Index." Its tactical exit and reinvestment decisions are driven by the Reference Index's month-end value in comparison to its All-Time Highest Daily Closing Value (AHDCV), which signifies the highest daily closing price the Reference Index has achieved since its creation.

What is the expense ratio of CFO?

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

How big is CFO?

VictoryShares US 500 Enhanced Volatility Wtd ETF (CFO) manages $413.2M 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 CFO actively managed or an index fund?

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

When was CFO launched?

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

How has CFO performed?

CFO'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.