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ETFs

VictoryShares US 500 Enhanced Volatility Wtd ETF

CFO
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Jul 01 2014
Expense Ratio
0.36%
Type
US Equities
Fund Owner
VictoryShares
Volume (1m avg. daily)
$2,686,087
AUM
$752,928,000
Associated Index
Nasdaq Victory US Large Cap 500 Long/Cash Volatility Weighted Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

JNJ
Johnson & Johnson
0.40%
SJM
J.M. Smucker Co.
0.39%
PEP
PepsiCo Inc
0.39%
KO
Coca-Cola Co
0.38%
MCD
McDonald`s Corp
0.37%
MDLZ
Mondelez International Inc. - Ordinary Shares - Class A
0.36%
KMB
Kimberly-Clark Corp.
0.36%
KDP
Keurig Dr Pepper Inc
0.35%
PG
Procter & Gamble Co.
0.34%
HSY
Hershey Company
0.34%
Invest with CFO

What is CFO?

The VictoryShares US 500 Enhanced Volatility Wtd ETF seeks to provide investment results that track the performance of the Nasdaq Victory US Large Cap 500 Long/Cash Volatility Weighted Index (the Long/Cash Index) before fees and expenses.

ETFs related toCFO

ETFs correlated to CFO include CVLC, AVGE, SMOT

CFO
Victory Portfolios II - VictoryShares US 500 Enhanced Volatility Wtd ETF
CVLC
Morgan Stanley ETF Trust - Calvert US Large-Cap Core Responsible Index ETF
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF
SMOT
VanEck ETF Trust - VanEck Morningstar SMID Moat ETF
GJAN
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - January
DFLV
Dimensional ETF Trust - Dimensional US Large Cap Value ETF
RDVI
First Trust Exchange-Traded Fund IV - FT Cboe Vest Rising Dividend Achievers Target Income ETF
FEX
First Trust Exchange-Traded Fund III - First Trust Large Cap Core AlphaDEX Fund
DFSU
Dimensional ETF Trust - Dimensional US Sustainability Core 1 ETF
RSP
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight ETF
IUSV
BlackRock Institutional Trust Company N.A. - iShares Core S&P U.S.Value ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

CFO is a US Equities ETF. The VictoryShares US 500 Enhanced Volatility Wtd ETF seeks to provide investment results that track the performance of the Nasdaq Victory US Large Cap 500 Long/Cash Volatility Weighted Index (the Long/Cash Index) before fees and expenses.

CFO tracks the Nasdaq Victory US Large Cap 500 Long/Cash Volatility Weighted Index.

No, CFO is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, CFO is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on CFO is -0.0541%. This is the percent change in the value of CFO over the most recent 1-month period. The 3-month return on CFO is -0.0586%. This is the percent change in the value of CFO over the most recent 3-month period.

The standard deviation of CFO for the past year is 0.1491%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to CFO include HDGE, QYLD, and XYLD.

ETFs correlated to CFO include CVLC, AVGE, and SMOT.

ETFs that are inversely correlated to CFO include SEF, SKF, and SH.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.