VictoryShares Emerging Markets Value Momentum ETF

Frequently Asked Questions About UEVM

What does UEVM invest in?

The VictoryShares Emerging Markets Value Momentum ETF (UEVM) aims to replicate, before the deduction of fees and expenses, the investment performance of its underlying benchmark, the Nasdaq Victory Emerging Market Value Momentum Index. This index is exclusively made up of shares from companies located in developing economies. These companies are specifically chosen for their pronounced exposure to both value and momentum factors, with the additional goals of achieving more controlled portfolio turnover and exhibiting lower realized volatility when contrasted with typical market-capitalization-weighted indexes. The methodology involves assessing and scoring each stock for its value and momentum attributes, relative to its sector. A combined score is then calculated for every security by giving equal weight to its individual value and momentum scores. Subsequently, the top 25% of these securities are chosen. Their allocation within the index is then optimized by assigning greater proportional influence to those demonstrating historically lower realized volatility. The index undergoes rebalancing adjustments every quarter. To guarantee sufficient tradability, a liquidity filter is applied, excluding less liquid assets by retaining only the top 90% of securities based on their annualized trading volume over the preceding 12 months. The index encompasses a range of equity instruments, including both American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs).

What is the expense ratio of UEVM?

VictoryShares Emerging Markets Value Momentum ETF (UEVM) charges an expense ratio of 0.53%. This is the annual fee deducted from fund assets to cover management and operations.

How big is UEVM?

VictoryShares Emerging Markets Value Momentum ETF (UEVM) manages $247.6M 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 UEVM actively managed or an index fund?

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

When was UEVM launched?

VictoryShares Emerging Markets Value Momentum ETF (UEVM) launched in October 2017 and is managed by Victory Capital.

How has UEVM performed?

UEVM'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.