# VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/vsmv 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: Thematic · Inception: 2017-06-22 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... ## Key Facts | Metric | Value | |---|---| | Price | $62.51 | | Expense Ratio | 0.42% | | Assets Under Management | $162.5M | | NAV | $62.51 | | Holdings Count | 63 | | Distribution Yield (TTM) | 1.28% | | Annual Distribution (TTM) | $0.80 /share | | Distribution Frequency | Monthly | | 52-Week Range | $52.93 – $62.91 | | Beta | 0.56 | ## Latest Distribution - Amount: $0.0740 /share - Ex-date: 2026-10-08 - Pay date: 2026-10-09 ## Frequently Asked Questions ### 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 $162.5M 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. ### Does VSMV pay a dividend? VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) currently distributes little or no income. Trailing-twelve-month yield is 1.28%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does VSMV pay dividends? VictoryShares US Multi-Factor Minimum Volatility 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 VSMV's dividend yield? VSMV's trailing-twelve-month yield is 1.28%, calculated from the sum of dividends over the past year divided by the current price. ### When is VSMV's next ex-dividend date? The most recently announced ex-dividend date for VSMV 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 VSMV's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.42% 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 VSMV charge its expense ratio? The expense ratio is deducted in tiny daily slices from VSMV'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 VSMV cost more than a fund like VOO? VSMV's strategy (current expense ratio 0.42%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where VSMV sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to VSMV? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as VSMV (0.42%) 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/vsmv - Distribution history: https://www.dividenddata.com/funds/vsmv/dividend - Holdings & diversification: https://www.dividenddata.com/funds/vsmv/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/vsmv/expenses - Peer comparison: https://www.dividenddata.com/funds/vsmv/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.