# VictoryShares WestEnd U.S. Sector ETF (MODL): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/modl for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Victory Capital · Asset class: US Equity - Strategy: Actively Managed · Inception: 2022-10-11 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 manage... ## Key Facts | Metric | Value | |---|---| | Price | $52.87 | | Expense Ratio | 0.49% | | Assets Under Management | $1.08B | | NAV | $52.44 | | Holdings Count | 323 | | Distribution Yield (TTM) | 0.68% | | Annual Distribution (TTM) | $0.36 /share | | Distribution Frequency | Monthly | | 52-Week Range | $43.39 – $53.45 | | Beta | 0.94 | ## Latest Distribution - Amount: $0.0223 /share - Ex-date: 2026-10-08 - Pay date: 2026-10-09 ## Frequently Asked Questions ### 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 is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (MODL's is 0.49%) in exchange for the discretion to over- or under-weight positions. ### 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. ### Does MODL pay a dividend? VictoryShares WestEnd U.S. Sector ETF (MODL) currently distributes little or no income. Trailing-twelve-month yield is 0.68%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does MODL pay dividends? VictoryShares WestEnd U.S. Sector ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is MODL's dividend yield? MODL's trailing-twelve-month yield is 0.68%, calculated from the sum of dividends over the past year divided by the current price. ### When is MODL's next ex-dividend date? The most recently announced ex-dividend date for MODL was 2026-10-08. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will MODL's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.49% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does MODL charge its expense ratio? The expense ratio is deducted in tiny daily slices from MODL's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does MODL cost more than a fund like VOO? MODL is actively managed (current expense ratio 0.49%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether MODL's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to MODL? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as MODL (0.49%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/modl - Distribution history: https://www.dividenddata.com/funds/modl/dividend - Holdings & diversification: https://www.dividenddata.com/funds/modl/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/modl/expenses - Peer comparison: https://www.dividenddata.com/funds/modl/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.