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ETFs

VictoryShares Developed Enhanced Volatility Wtd ETF

CIZ
$--
Today’s Change
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Snapshot
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Inception Date
Oct 01 2014
Expense Ratio
0.47%
Type
Global Ex. US Equities
Fund Owner
VictoryShares
Volume (1m avg. daily)
$57,292
AUM
$46,365,000
Associated Index
Nasdaq Victory International 500 Long/Cash Volatility Weighted Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
CASH AND CASH EQUIVALENTS
75.95%
9434
SoftBank Corp.
0.12%
SIA
SINGAPORE AIRLINES LTD
0.10%
OCBC
OVERSEAS CHINESE LOCL
0.10%
TLS
Telstra Group Ltd
0.09%
4502
Takeda Pharmaceutical Co
0.09%
UNA
UNILEVER PLC
0.08%
NESN
Nestle SA
0.08%
9020
East Japan Railway Company
0.08%
DBS
DBS GROUP HOLDINGS LTD
0.08%
Invest with CIZ

What is CIZ?

The VictoryShares Developed Enhanced Volatility Wtd ETF seeks to provide investment results that track the performance of the Nasdaq Victory International 500 Long/Cash Volatility Weighted Index (the Long/Cash Index ) before fees and expenses. The Long/Cash Index tactically reduces its exposure to the equity markets during periods of significant market declines and reinvests when market prices have further declined or rebounded. The Nasdaq Victory International 500 Long/Cash Volatility Weighted Index is based on the month-end price of the Nasdaq Victory International 500 Volatility Weighted Index (the Reference Index ).

ETFs related toCIZ

ETFs correlated to CIZ include DFSI, MCSE, AVGE

CIZ
Victory Portfolios II - VictoryShares Developed Enhanced Volatility Wtd ETF
DFSI
Dimensional ETF Trust - Dimensional International Sustainability Core 1 ETF
MCSE
Franklin Templeton ETF Trust - Martin Currie Sustainable International Equity ETF
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF
SMOT
VanEck ETF Trust - VanEck Morningstar SMID Moat ETF
DFSU
Dimensional ETF Trust - Dimensional US Sustainability Core 1 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

CIZ is a Global Ex. US Equities ETF. The VictoryShares Developed Enhanced Volatility Wtd ETF seeks to provide investment results that track the performance of the Nasdaq Victory International 500 Long/Cash Volatility Weighted Index (the Long/Cash Index ) before fees and expenses. The Long/Cash Index tactically reduces its exposure to the equity markets during periods of significant market declines and reinvests when market prices have further declined or rebounded. The Nasdaq Victory International 500 Long/Cash Volatility Weighted Index is based on the month-end price of the Nasdaq Victory International 500 Volatility Weighted Index (the Reference Index ).

CIZ tracks the Nasdaq Victory International 500 Long/Cash Volatility Weighted Index.

No, CIZ 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, CIZ 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 CIZ is -0.0084%. This is the percent change in the value of CIZ over the most recent 1-month period. The 3-month return on CIZ is 0.0142%. This is the percent change in the value of CIZ over the most recent 3-month period.

The standard deviation of CIZ for the past year is 0.1457%. 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 CIZ include ICOW, BUYW, and DEF.

ETFs correlated to CIZ include DFSI, MCSE, and AVGE.

ETFs that are inversely correlated to CIZ include MSFD, EPV, and EFZ.

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.