Skip to Content
ETFs

Victory Portfolios II VictoryShares WestEnd U.S. Sector ETF

MODL
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Oct 11, 2022
Expense Ratio
0.48%
Type
US Equities
Fund Owner
VictoryShares
Volume (1m avg. daily)
$882,227
AUM
$215,530,200
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

AAPL
Apple Inc
6.58%
MSFT
Microsoft Corporation
5.56%
AMZN
Amazon.com Inc.
3.22%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
3.01%
GOOG
Alphabet Inc - Ordinary Shares - Class C
2.63%
UNH
Unitedhealth Group Inc
2.59%
LLY
Lilly(Eli) & Co
2.58%
META
Meta Platforms Inc - Ordinary Shares - Class A
2.57%
NVDA
NVIDIA Corp
2.31%
JNJ
Johnson & Johnson
2.28%
Invest with MODL
Trade MODL Options

What is MODL?

The VictoryShares WestEnd U.S. Sector ETF seeks to achieve favorable returns through active sector selection and avoidance, based on the team's evaluation of the macroeconomic and market environment. The team combines high-conviction active management with the diversification of investing in passive index-based sector ETFs and actively avoiding sectors to help mitigate risk.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

MODL
Performance Measures**

for the time period Oct 12, 2022 to Dec 5, 2025

Returns

1M Trailing Return: 1.4%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 6.2%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -17.6%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 14.9%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 1.52

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 1.37

The annualized return divided by the max drawdown for the selected time period.

ETFs related toMODL

ETFs correlated to MODL include IWL, MGC, OEF

MODL
Victory Portfolios II - VictoryShares WestEnd U.S. Sector ETF
IWL
BlackRock Institutional Trust Company N.A. - iShares Russell Top 200 ETF
MGC
Vanguard Group, Inc. - Vanguard Mega Cap 300 Index ETF
OEF
BlackRock Institutional Trust Company N.A. - iShares S&P 100 ETF
BKLC
BNY Mellon ETF Trust - BNY Mellon US Large Cap Core Equity ETF
PABU
iShares Trust - iShares Paris-Aligned Climate MSCI USA ETF
XVV
iShares Trust - iShares ESG Screened S&P 500 ETF
GSUS
Goldman Sachs ETF Trust - Goldman Sachs MarketBeta U.S. Equity ETF
IQSU
IndexIQ ETF Trust - IQ Candriam U.S. Large Cap Equity ETF
VV
Vanguard Group, Inc. - Vanguard Large Cap ETF
SPYX
SPDR Series Trust - SSGA SPDR S&P 500 Fossil Fuel Free 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

MODL is a US Equities ETF. The VictoryShares WestEnd U.S. Sector ETF seeks to achieve favorable returns through active sector selection and avoidance, based on the team's evaluation of the macroeconomic and market environment. The team combines high-conviction active management with the diversification of investing in passive index-based sector ETFs and actively avoiding sectors to help mitigate risk.

Yes, MODL is actively 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.

No, MODL is not passively managed. It is actively 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 MODL is -0.0075%. This is the percent change in the value of MODL over the most recent 1-month period. The 3-month return on MODL is -0.0063%. This is the percent change in the value of MODL over the most recent 3-month period.

ETFs similar to MODL include VIG, VYM, and DFAS.

ETFs correlated to MODL include IWL, MGC, and OEF.

ETFs that are inversely correlated to MODL include SPXS, SPDN, and SDS.

Disclaimers

*

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.