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ETFs

Victory Portfolios II VictoryShares Corporate Bond ETF

UCRD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 05 2021
Expense Ratio
0.40%
Type
US Bonds
Fund Owner
VictoryShares
Volume (1m avg. daily)
$1,201
AUM
$106,553,250
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

MS5169365
MORGAN ST VRN 05/04/27
1.91%
BAC5168824
BANK OF VRN 04/22/32
1.32%
n/a
AT&T INC 3.1% 02/01/43
1.27%
TMUS5192327
T-MOBILE 2.55% 02/15/31
1.15%
n/a
US T-NOTE 1.125% 01/15/25
1.13%
CVS30A
CVS Health Corp - 1.75% NT REDEEM 21/08/2030 USD 2000
1.10%
BNKQ4629078
Bank Of America Corp. - FXDFR NT REDEEM 20/12/2028 USD 1000
1.07%
n/a
HANNOVER F 9/25/23
0.95%
n/a
JPMORGAN VRN 02/04/2032
0.91%
ORCL26A
Oracle Corp. - 1.65% NT REDEEM 25/03/2026 USD 2000
0.86%
Invest with UCRD

What is UCRD?

The VictoryShares Corporate Bond ETF offers corporate bond fund exposure that seeks high current income without undue risk to principal. Invests primarily in investment-grade securities. This ETF invests in securities of issuers that demonstrate strong or improving Environmental, Social and Governance characteristics.

ETFs related toUCRD

ETFs correlated to UCRD include VCEB, SPBO, LQD

UCRD
Victory Portfolios II - VictoryShares Corporate Bond ETF
VCEB
Vanguard Group, Inc. - Vanguard ESG U.S. Corporate Bond ETF
SPBO
SPDR Series Trust - SPDR Portfolio Corporate Bond ETF
LQD
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD Investment Grade Corporate Bond ETF
SUSC
iShares Trust - iShares Trust iShares ESG Aware USD Corporate Bond ETF
IGIB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF
VTC
Vanguard Group, Inc. - Vanguard Total Corporate Bond ETF
QLTA
BlackRock Institutional Trust Company N.A. - iShares Aaa - A Rated Corporate Bond ETF
USIG
BlackRock Institutional Trust Company N.A. - iShares Broad USD Investment Grade Corporate Bond ETF
VCIT
Vanguard Group, Inc. - Vanguard Intermediate-Term Corporate Bond ETF
GTO
Invesco Capital Management LLC - Invesco Total Return Bond 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 toUCRD

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with UCRD using Composer

FAQ

UCRD is a US Bonds ETF. The VictoryShares Corporate Bond ETF offers corporate bond fund exposure that seeks high current income without undue risk to principal. Invests primarily in investment-grade securities. This ETF invests in securities of issuers that demonstrate strong or improving Environmental, Social and Governance characteristics.

Yes, UCRD 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, UCRD 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 UCRD is -0.0127%. This is the percent change in the value of UCRD over the most recent 1-month period. The 3-month return on UCRD is -0.0238%. This is the percent change in the value of UCRD over the most recent 3-month period.

The standard deviation of UCRD for the past year is 0.0882%. 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 UCRD include IGSB, SPIB, and VCLT.

ETFs correlated to UCRD include VCEB, SPBO, and LQD.

ETFs that are inversely correlated to UCRD include PST, TBX, and TTT.

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.