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ETFs

VictoryShares US 500 Volatility Wtd ETF

CFA
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Today’s Change
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Snapshot
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Inception Date
Jul 01 2014
Expense Ratio
0.35%
Type
US Equities
Fund Owner
VictoryShares
Volume (1m avg. daily)
$704,879
AUM
$512,187,500
Associated Index
Nasdaq Victory US Large Cap 500 Volatility Weighted Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

KO
Coca-Cola Co
0.42%
MCD
McDonald`s Corp
0.38%
WMT
Walmart Inc
0.38%
PEP
PepsiCo Inc
0.38%
PG
Procter & Gamble Co.
0.36%
K
Kellogg Co
0.35%
n/a
CASH AND CASH EQUIVALENTS
0.35%
KHC
Kraft Heinz Co
0.34%
KMB
Kimberly-Clark Corp.
0.34%
BRK/B
Berkshire Hathaway Inc. - Ordinary Shares - Class B
0.34%
Invest with CFA

What is CFA?

The VictoryShares US 500 Volatility Wtd ETF offers exposure to large-cap US stocks, without subjecting investors to the inherent limitations of traditional market-cap weighting. It seeks to provide investment results that track the performance of the Nasdaq Victory US Large Cap 500 Volatility Weighted Index before fees and expenses.

ETFs related toCFA

ETFs correlated to CFA include TPLC, RSP, JPUS

CFA
Victory Portfolios II - VictoryShares US 500 Volatility Wtd ETF
TPLC
Timothy Plan - Timothy Plan US Large/Mid Cap Core ETF
RSP
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight ETF
JPUS
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return U.S. Equity ETF
IWD
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 Value ETF
VONV
Vanguard Group, Inc. - Vanguard Russell 1000 Value Index ETF
SCHV
Schwab Strategic Trust - Schwab U.S. Large-Cap Value ETF
FEX
First Trust Exchange-Traded Fund III - First Trust Large Cap Core AlphaDEX Fund
PRF
Invesco Capital Management LLC - Invesco FTSE RAFI US 1000 ETF
ROUS
Lattice Strategies Trust - Hartford Multifactor US Equity ETF
FNDB
Schwab Strategic Trust - Schwab Fundamental U.S. Broad Market Index 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

CFA is a US Equities ETF. The VictoryShares US 500 Volatility Wtd ETF offers exposure to large-cap US stocks, without subjecting investors to the inherent limitations of traditional market-cap weighting. It seeks to provide investment results that track the performance of the Nasdaq Victory US Large Cap 500 Volatility Weighted Index before fees and expenses.

CFA tracks the Nasdaq Victory US Large Cap 500 Volatility Weighted Index.

No, CFA 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, CFA 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 CFA is -0.0153%. This is the percent change in the value of CFA over the most recent 1-month period. The 3-month return on CFA is -0.0064%. This is the percent change in the value of CFA over the most recent 3-month period.

The standard deviation of CFA for the past year is 0.1599%. 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 CFA include PKW, VIXY, and XYLD.

ETFs correlated to CFA include TPLC, RSP, and JPUS.

ETFs that are inversely correlated to CFA include SH, SDS, and SPXU.

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.