VictoryShares US Multi-Factor Minimum Volatility ETF

Frequently Asked Questions About VSMV

What does VSMV invest in?

The VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) offers investors access to a curated selection of large and mid-sized American companies, engineered to temper market fluctuations and enhance returns relative to the risk undertaken. This fund strives to mirror the performance of the Nasdaq Victory US Multi-Factor Minimum Volatility Index, prior to any associated fees or operational costs. The underlying index utilizes a two-pronged strategy to achieve robust risk-adjusted equity returns while concurrently working to keep overall portfolio volatility at bay. Its initial phase involves a thorough screening process, assessing companies based on key fundamental indicators like earnings quality, price momentum, profitability, and valuation, in order to pinpoint those most likely to outperform. Subsequently, the index minimizes portfolio instability by strategically weighting selected stocks, considering their interdependencies (correlations) and adhering to various constraints. This index undergoes a comprehensive review and adjustment cycle every six months.

What is the expense ratio of VSMV?

VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) charges an expense ratio of 0.42%. This is the annual fee deducted from fund assets to cover management and operations.

How big is VSMV?

VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) manages $156.2M 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 VSMV actively managed or an index fund?

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

When was VSMV launched?

VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) launched in June 2017 and is managed by Victory Capital.

How has VSMV performed?

VSMV'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.