Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
You take care of your investments. We like that.
Upgrade to Premium to access your Watchlist and more.
VictoryShares US Multi-Factor Minimum Volatility ETF
ETF
VSMV
Payout Change
Pending
Price as of:
$43.48
+0.25
+0.58%
primary theme
U.S. Large-Cap Value Equity
VSMV (ETF)
VictoryShares US Multi-Factor Minimum Volatility ETF
Payout Change
Pending
Price as of:
$43.48
+0.25
+0.58%
primary theme
U.S. Large-Cap Value Equity
VSMV (ETF)
VictoryShares US Multi-Factor Minimum Volatility ETF
Payout Change
Pending
Price as of:
$43.48
+0.25
+0.58%
primary theme
U.S. Large-Cap Value Equity
Name
As of 04/23/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
3.8%
1 yr return
13.0%
3 Yr Avg Return
6.9%
5 Yr Avg Return
9.7%
Net Assets
$137 M
Holdings in Top 10
47.1%
52 WEEK LOW AND HIGH
$43.2
$38.50
$45.24
Expenses
OPERATING FEES
Expense Ratio 0.42%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 04/23/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
VSMV - Profile
Distributions
- YTD Total Return 3.8%
- 3 Yr Annualized Total Return 6.9%
- 5 Yr Annualized Total Return 9.7%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.80%
- Dividend Yield 1.5%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameVictoryShares US Multi-Factor Minimum Volatility ETF
-
Fund Family NameVictory Portfolios
-
Inception DateJun 22, 2017
-
Shares Outstanding3700030
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMannik Dhillon
Fund Description
The Fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in securities included in the Nasdaq Victory US Multi-Factor Minimum Volatility Index (the “Index”). The Index utilizes a rules-based approach designed to generate investment returns with less volatility than the broader U.S. market. The Index is maintained exclusively by Nasdaq, Inc. (the “Index Provider”). The Index Provider is not affiliated with the Fund or the Adviser.The companies eligible for inclusion in the Index are derived from its starting universe, the mid- and large-capitalization U.S. companies included in the Nasdaq US Large Mid Cap Index (“Parent Index”), an index maintained by the Index Provider. The Parent Index consists of those U.S. companies with market caps representing the top 90% of the U.S. investable universe.The Index Provider considers a company to be a U.S. company if it is economically tied to the U.S. In general, a company is treated as being economically tied to the U.S. if: (1) the company is incorporated and domiciled in the U.S., (2) the company makes public filings with U.S. securities regulators, and (3) the company’s securities are listed on a U.S. exchange. In addition, the Index Provider treats companies that are incorporated in certain identified countries to benefit from tax, legal or other advantages, but which otherwise meet these requirements, as being economically tied to the U.S.The Index is designed to construct a diversified portfolio with superior risk-adjusted returns by first ranking companies using a number of proprietary fundamental factors, such as dividend yield, sales growth and other financial metrics that have been identified by a quantitative multi-factor selection process to identify the companies that are most likely to outperform the broader U.S. market. The companies in the top 20% of the ranking are included in the Index. Within this smaller set of companies, the Index uses an optimization tool to weight the individual securities to minimize absolute volatility, measured at a portfolio level, within established portfolio constraints (such as minimum and maximum weightings of index constituents and sectors). The Index is reconstituted every April and October (based on information as of the prior month-end).The Fund generally seeks to track the returns of the Index before fees and expenses by employing a replication strategy that seeks to hold all the stocks in the Index in proportion to their weightings in the Index.The Fund’s investments are subject to the following principal risks:
Read More
VSMV - Performance
Return Ranking - Trailing
| Period | VSMV Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.8% | -2.9% | 12.7% | 83.36% |
| 1 Yr | 13.0% | -8.4% | 34.4% | 71.57% |
| 3 Yr | 6.9%* | -3.7% | 30.2% | 44.59% |
| 5 Yr | 9.7%* | -1.4% | 43.5% | 45.61% |
| 10 Yr | N/A* | 1.2% | 24.6% | 70.06% |
* Annualized
Return Ranking - Calendar
| Period | VSMV Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 10.3% | -24.9% | 46.1% | 27.22% |
| 2022 | -9.4% | -64.7% | 4.6% | 29.85% |
| 2021 | 23.8% | -44.2% | 57.5% | 13.14% |
| 2020 | 2.8% | -23.2% | 285.0% | 22.11% |
| 2019 | 24.1% | -21.4% | 48.5% | 16.96% |
Total Return Ranking - Trailing
| Period | VSMV Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.8% | -2.9% | 12.7% | 83.36% |
| 1 Yr | 13.0% | -8.4% | 34.4% | 71.57% |
| 3 Yr | 6.9%* | -3.7% | 30.2% | 44.59% |
| 5 Yr | 9.7%* | -1.4% | 43.5% | 45.61% |
| 10 Yr | N/A* | 1.2% | 24.6% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | VSMV Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 12.3% | -15.9% | 46.7% | 39.82% |
| 2022 | -7.6% | -42.0% | 8.5% | 67.56% |
| 2021 | 25.7% | 3.6% | 129.7% | 54.78% |
| 2020 | 5.1% | -22.6% | 304.8% | 31.33% |
| 2019 | 26.8% | -12.7% | 52.1% | 34.88% |
VSMV - Holdings
Concentration Analysis
| VSMV | Category Low | Category High | VSMV % Rank | |
|---|---|---|---|---|
| Net Assets | 137 M | 1.09 M | 163 B | 83.94% |
| Number of Holdings | 75 | 2 | 1689 | 54.13% |
| Net Assets in Top 10 | 65.3 M | 420 K | 33.9 B | 76.85% |
| Weighting of Top 10 | 47.07% | 4.8% | 99.9% | 5.93% |
Top 10 Holdings
- MICROSOFT CORP 10.16%
- APPLE INC 10.06%
- JOHNSON JOHNSON 3.67%
- ABBVIE INC 3.52%
- LOCKHEED MARTIN CORP 3.36%
- MERCK CO INC 3.32%
- WALMART INC 3.30%
- REPUBLIC SERVICES INC 3.30%
- ELECTRONIC ARTS INC 3.23%
- WASTE MANAGEMENT INC 3.15%
Asset Allocation
| Weighting | Return Low | Return High | VSMV % Rank | |
|---|---|---|---|---|
| Stocks | 99.54% | 1.86% | 108.42% | 22.37% |
| Cash | 0.45% | -0.79% | 38.18% | 72.85% |
| Other | 0.01% | -3.53% | 39.72% | 25.76% |
| Preferred Stocks | 0.00% | 0.00% | 13.88% | 85.99% |
| Convertible Bonds | 0.00% | 0.00% | 3.66% | 85.95% |
| Bonds | 0.00% | -0.71% | 73.23% | 85.99% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | VSMV % Rank | |
|---|---|---|---|---|
| Technology | 25.37% | 0.00% | 54.02% | 1.93% |
| Healthcare | 18.24% | 0.00% | 30.08% | 42.51% |
| Consumer Defense | 15.66% | 0.00% | 34.10% | 5.08% |
| Industrials | 11.16% | 0.00% | 42.76% | 55.39% |
| Energy | 10.16% | 0.00% | 54.00% | 21.65% |
| Consumer Cyclical | 7.32% | 0.00% | 22.74% | 30.94% |
| Financial Services | 6.33% | 0.00% | 58.05% | 99.39% |
| Communication Services | 5.19% | 0.00% | 26.58% | 57.23% |
| Real Estate | 0.57% | 0.00% | 90.54% | 79.49% |
| Utilities | 0.00% | 0.00% | 27.04% | 98.51% |
| Basic Materials | 0.00% | 0.00% | 21.69% | 98.42% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | VSMV % Rank | |
|---|---|---|---|---|
| US | 99.54% | 1.86% | 108.42% | 19.32% |
| Non US | 0.00% | 0.00% | 27.89% | 88.51% |
VSMV - Expenses
Operational Fees
| VSMV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.42% | 0.03% | 14.82% | 91.00% |
| Management Fee | 0.30% | 0.00% | 1.50% | 10.01% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
| VSMV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
| VSMV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| VSMV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.00% | 488.00% | 40.24% |
VSMV - Distributions
Dividend Yield Analysis
| VSMV | Category Low | Category High | VSMV % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.55% | 0.00% | 37.13% | 68.29% |
Dividend Distribution Analysis
| VSMV | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| VSMV | Category Low | Category High | VSMV % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.80% | -1.51% | 4.28% | 24.42% |
Capital Gain Distribution Analysis
| VSMV | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Apr 15, 2024 | $0.056 | OrdinaryDividend |
| Mar 13, 2024 | $0.104 | OrdinaryDividend |
| Feb 13, 2024 | $0.018 | OrdinaryDividend |
| Jan 16, 2024 | $0.018 | OrdinaryDividend |
| Dec 20, 2023 | $0.141 | OrdinaryDividend |
| Nov 10, 2023 | $0.021 | OrdinaryDividend |
| Oct 13, 2023 | $0.086 | OrdinaryDividend |
| Sep 08, 2023 | $0.074 | OrdinaryDividend |
| Aug 10, 2023 | $0.055 | OrdinaryDividend |
| Jul 12, 2023 | $0.020 | OrdinaryDividend |
| Jun 13, 2023 | $0.097 | OrdinaryDividend |
| May 12, 2023 | $0.044 | OrdinaryDividend |
| Apr 13, 2023 | $0.051 | OrdinaryDividend |
| Mar 14, 2023 | $0.084 | OrdinaryDividend |
| Feb 14, 2023 | $0.066 | OrdinaryDividend |
| Jan 17, 2023 | $0.005 | OrdinaryDividend |
| Dec 20, 2022 | $0.141 | OrdinaryDividend |
| Nov 10, 2022 | $0.059 | OrdinaryDividend |
| Oct 13, 2022 | $0.056 | OrdinaryDividend |
| Sep 13, 2022 | $0.093 | OrdinaryDividend |
| Aug 11, 2022 | $0.039 | OrdinaryDividend |
| Jul 13, 2022 | $0.047 | OrdinaryDividend |
| Jun 14, 2022 | $0.119 | OrdinaryDividend |
| May 12, 2022 | $0.044 | OrdinaryDividend |
| Apr 13, 2022 | $0.023 | OrdinaryDividend |
| Mar 15, 2022 | $0.077 | OrdinaryDividend |
| Feb 14, 2022 | $0.060 | OrdinaryDividend |
| Jan 14, 2022 | $0.000 | OrdinaryDividend |
| Dec 20, 2021 | $0.090 | OrdinaryDividend |
| Nov 10, 2021 | $0.053 | OrdinaryDividend |
| Oct 13, 2021 | $0.055 | OrdinaryDividend |
| Sep 13, 2021 | $0.064 | OrdinaryDividend |
| Aug 11, 2021 | $0.048 | OrdinaryDividend |
| Jul 13, 2021 | $0.033 | OrdinaryDividend |
| Jun 14, 2021 | $0.031 | OrdinaryDividend |
| May 12, 2021 | $0.038 | OrdinaryDividend |
| Apr 13, 2021 | $0.055 | OrdinaryDividend |
| Mar 15, 2021 | $0.066 | OrdinaryDividend |
| Feb 12, 2021 | $0.041 | OrdinaryDividend |
| Dec 18, 2020 | $0.141 | OrdinaryDividend |
| Nov 16, 2020 | $0.043 | OrdinaryDividend |
| Oct 09, 2020 | $0.083 | OrdinaryDividend |
| Sep 11, 2020 | $0.058 | OrdinaryDividend |
| Aug 14, 2020 | $0.026 | OrdinaryDividend |
| Jul 10, 2020 | $0.044 | OrdinaryDividend |
| Jun 12, 2020 | $0.066 | OrdinaryDividend |
| May 15, 2020 | $0.049 | OrdinaryDividend |
| Apr 09, 2020 | $0.069 | OrdinaryDividend |
| Mar 13, 2020 | $0.054 | OrdinaryDividend |
| Feb 14, 2020 | $0.037 | OrdinaryDividend |
| Jan 10, 2020 | $0.014 | OrdinaryDividend |
| Dec 20, 2019 | $0.155 | OrdinaryDividend |
| Nov 15, 2019 | $0.011 | OrdinaryDividend |
| Oct 17, 2019 | $0.102 | OrdinaryDividend |
| Sep 12, 2019 | $0.048 | OrdinaryDividend |
| Aug 16, 2019 | $0.031 | OrdinaryDividend |
| Jul 19, 2019 | $0.066 | OrdinaryDividend |
| Jun 17, 2019 | $0.073 | OrdinaryDividend |
| May 17, 2019 | $0.010 | OrdinaryDividend |
| Apr 18, 2019 | $0.071 | OrdinaryDividend |
| Mar 11, 2019 | $0.058 | OrdinaryDividend |
| Feb 15, 2019 | $0.037 | OrdinaryDividend |
| Dec 21, 2018 | $0.176 | OrdinaryDividend |
| Nov 16, 2018 | $0.031 | OrdinaryDividend |
| Oct 19, 2018 | $0.066 | OrdinaryDividend |
| Sep 11, 2018 | $0.047 | OrdinaryDividend |
| Aug 17, 2018 | $0.028 | OrdinaryDividend |
| Jul 19, 2018 | $0.046 | OrdinaryDividend |
| Jun 15, 2018 | $0.072 | OrdinaryDividend |
| May 18, 2018 | $0.025 | OrdinaryDividend |
| Apr 19, 2018 | $0.062 | OrdinaryDividend |
| Mar 09, 2018 | $0.053 | OrdinaryDividend |
| Feb 16, 2018 | $0.021 | OrdinaryDividend |
| Jan 19, 2018 | $0.019 | OrdinaryDividend |
| Dec 17, 2017 | $0.127 | OrdinaryDividend |
| Nov 17, 2017 | $0.016 | OrdinaryDividend |
| Oct 19, 2017 | $0.050 | OrdinaryDividend |
| Sep 11, 2017 | $0.074 | OrdinaryDividend |
| Aug 18, 2017 | $0.029 | OrdinaryDividend |
| Jul 21, 2017 | $0.010 | OrdinaryDividend |
VSMV - Fund Manager Analysis
Managers
Mannik Dhillon
Start Date
Tenure
Tenure Rank
Jun 21, 2017
4.95
5.0%
Mannik S. Dhillon serves as President of VictoryShares and Solutions for Victory Capital. In his role, he leads and oversees the firms' exchange-traded and solutions business. He is also responsible for setting the strategy and initiating the development and implementation of Victory's strategic beta-based offerings. Additionally, he manages the solutions provided by our investment franchises, which includes product enhancements, extensions and innovations designed to best meet the needs of clients. Mr. Dhillon also contributes to the evaluation of capabilities of potential new franchises as part of the firm's acquisition strategy.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.05 | 86.59 | 8.07 | 16.42 |
