VictoryShares US 500 Volatility Wtd ETF (CFA)
VictoryShares US 500 Volatility Wtd ETF operates in the Asset Management industry of the Financial Services sector, headquartered in San Antonio, TX, US. The stock last traded at $102.35, up 0.09% on the session, giving a market capitalisation of $547.7M. Its beta of 0.86 implies it has historically moved less than the broad market.
The VictoryShares US 500 Volatility Wtd ETF (CFA) offers investors exposure to leading large-capitalization American companies. It distinguishes itself by avoiding the inherent drawbacks often associated with traditional market-cap weighting strategies. The fund's primary objective is to mirror the performance of the Nasdaq Victory US Large Cap 500 Volatility Weighted Index, before any expenses or fees are deducted. Its unique weighting methodology combines careful consideration of fundamental business criteria with a volatility-based approach, aiming to potentially surpass the returns of conventional cap-weighted index funds.
VictoryShares US 500 Volatility Wtd ETF is most often compared with the following Financial Services names: