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ETFs

VictoryShares Developed Enhanced Volatility Wtd ETF

CIZ
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 01 2014
Expense Ratio
0.47%
Type
Global Ex. US Equities
Fund Owner
VictoryShares
Volume (1m avg. daily)
$196,055
AUM
$45,973,000
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
1.29%
9434
SoftBank Corp.
0.48%
GWO
Great-West Lifeco Inc.
0.37%
MRU
Metro Inc
0.36%
KPN
Koninklijke KPN NV
0.35%
SLF
Sun Life Financial, Inc.
0.35%
BCE
BCE Inc
0.34%
OCBA
Oversea-Chinese Banking Corporation Limited
0.34%
BEI
Beiersdorf AG
0.34%
2914
Japan Tobacco Inc.
0.34%
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, XAUG, RODM

CIZ
Victory Portfolios II - VictoryShares Developed Enhanced Volatility Wtd ETF
DFSI
Dimensional ETF Trust - Dimensional International Sustainability Core 1 ETF
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
RODM
Lattice Strategies Trust - Hartford Multifactor Developed Markets (ex-US) ETF
JPIN
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return International Equity ETF
VSGX
Vanguard Group, Inc. - Vanguard ESG International Stock ETF
SPDW
SSgA Active Trust - SPDR Portfolio Developed World ex-US ETF
IXUS
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Total International Stock ETF
CVRD
Madison ETFs Trust - Madison Covered Call ETF
VXUS
Vanguard Group, Inc. - Vanguard Total International Stock ETF
IDEV
iShares Trust - iShares Core MSCI International Developed Markets 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.

Automated Strategies
Related toCIZ

#DPE

Diversify with Private Equity

Category

Getting Started, Go Global, Diversification

Risk Rating

Moderate

#DAVID

Copy David Swensen

Category

Classic, Copy the Greats

Risk Rating

Moderate

Create your own algorithmic trading strategy with CIZ using Composer

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 -0.001%. This is the percent change in the value of CIZ over the most recent 1-month period. The 3-month return on CIZ is -0.0409%. 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 0.1304%. 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 QQH, SPYI, and MOTI.

ETFs correlated to CIZ include DFSI, XAUG, and RODM.

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

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.