VictoryShares WestEnd U.S. Sector ETF

Frequently Asked Questions About MODL

What does MODL invest in?

The VictoryShares WestEnd U.S. Sector ETF strives for competitive returns through a dynamic process of selecting and avoiding specific market sectors. This strategic approach is driven by a thorough analysis of the broader economic and market environment, with sector exposure gained by investing in individual equities. Typically allocating capital to between four and six economic sectors at any given time, the ETF imposes a cap, ensuring no more than 35% of its net assets are committed to a single sector at the point of investment. The fund is overseen by a seasoned team of portfolio managers: Fritz Porter (Co-CIO, PM, with 26 years of industry experience, 18 at WestEnd), Ty Peebles (Co-CIO, PM, with 15 years of experience, 12 at WestEnd), Ned Durden (CIS, PM, with 26 years of experience, 19 at WestEnd), and Jacob Buchanan (CFA, PM, with 9 years of experience, 8 at WestEnd).

What is the expense ratio of MODL?

VictoryShares WestEnd U.S. Sector ETF (MODL) charges an expense ratio of 0.49%. This is the annual fee deducted from fund assets to cover management and operations.

How big is MODL?

VictoryShares WestEnd U.S. Sector ETF (MODL) manages $1.08B 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 MODL actively managed or an index fund?

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

When was MODL launched?

VictoryShares WestEnd U.S. Sector ETF (MODL) launched in October 2022 and is managed by Victory Capital.

How has MODL performed?

MODL'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.