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ETFs

Victory Portfolios II VictoryShares THB Mid Cap ESG ETF

MDCP
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 05 2021
Expense Ratio
0.55%
Type
US Equities
Fund Owner
VictoryShares
Volume (1m avg. daily)
—
AUM
$2,340,000
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

VRSK
Verisk Analytics Inc
4.96%
CPRT
Copart, Inc.
4.69%
NVR
NVR Inc.
4.25%
HEI
Heico Corp.
4.08%
APH
Amphenol Corp. - Ordinary Shares - Class A
4.00%
ROL
Rollins, Inc.
3.66%
CTAS
Cintas Corporation
3.60%
POOL
Pool Corporation
3.50%
FAST
Fastenal Co.
3.45%
CHE
Chemed Corp.
3.43%
Invest with MDCP

What is MDCP?

The Adviser pursues the Fund s investment objective by investing, under normal circumstances, at least 80% of its assets in equity securities of mid-cap companies. The Adviser uses a bottom-up investment process to identify companies it believes have consistent returns trading below the Adviser s assessment of their intrinsic value and that have prospects for an inflection in business fundamentals that will enable stock prices to be revalued higher. The Adviser believes there is a high correlation between high-quality companies, good corporate citizenship, and long-term shareholder value creation; it fully integrates Environmental, Social and Governance ( ESG ) factors into its investment process as a measure of corporate citizenship. ESG is not, however, the sole or the determinative factor in the Adviser s investment decisions.

ETFs related toMDCP

ETFs correlated to MDCP include TPLC, FLQM, VO

MDCP
Victory Portfolios II - VictoryShares THB Mid Cap ESG ETF
TPLC
Timothy Plan - Timothy Plan US Large/Mid Cap Core ETF
FLQM
Franklin Templeton ETF Trust - Franklin U.S. Mid Cap Multifactor Index ETF
VO
Vanguard Group, Inc. - Vanguard Mid-Cap ETF
IWR
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap ETF
IMCB
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap ETF
EUSA
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Equal Weighted ETF
SIZE
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Size Factor ETF
IMCG
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap Growth ETF
JHMM
John Hancock Investment Management LLC - John Hancock Multifactor Mid Cap ETF
RSP
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight 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 toMDCP

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with MDCP using Composer

FAQ

MDCP is a US Equities ETF. The Adviser pursues the Fund s investment objective by investing, under normal circumstances, at least 80% of its assets in equity securities of mid-cap companies. The Adviser uses a bottom-up investment process to identify companies it believes have consistent returns trading below the Adviser s assessment of their intrinsic value and that have prospects for an inflection in business fundamentals that will enable stock prices to be revalued higher. The Adviser believes there is a high correlation between high-quality companies, good corporate citizenship, and long-term shareholder value creation; it fully integrates Environmental, Social and Governance ( ESG ) factors into its investment process as a measure of corporate citizenship. ESG is not, however, the sole or the determinative factor in the Adviser s investment decisions.

Yes, MDCP 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, MDCP 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 MDCP is -0.0241%. This is the percent change in the value of MDCP over the most recent 1-month period. The 3-month return on MDCP is -0.0267%. This is the percent change in the value of MDCP over the most recent 3-month period.

The standard deviation of MDCP for the past year is 0.1777%. 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 MDCP include SPHQ, DSI, and QUAL.

ETFs correlated to MDCP include TPLC, FLQM, and VO.

ETFs that are inversely correlated to MDCP include SH, SPXS, and SPXU.

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.