Victory US 500 Enhanced Volatility Wtd Index Fund (CUHAX)
Victory US 500 Enhanced Volatility Wtd Index Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Omaha, NE, US. The stock last traded at $10.47, up 0.10% on the session, giving a market capitalisation of $24.2M. Its beta of 0.61 implies it has historically moved less than the broad market.
The Victory US 500 Enhanced Volatility Wtd Index Fund aims to achieve its financial objectives by generally dedicating at least 80% of its portfolio, in normal market environments, to the shares of companies featured in the Nasdaq Victory US Large Cap 500 Long/Cash Volatility Weighted Index, commonly referred to as "the index." This particular index is not actively managed; instead, it employs a volatility-weighted methodology and is exclusively maintained by Nasdaq Inc. Its construction thoughtfully combines fundamental investment criteria with a strategy for managing individual stock risk, achieved by weighting each security based on its level of volatility.
Victory US 500 Enhanced Volatility Wtd Index Fund is most often compared with the following Financial Services names: