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ETFs

Victory Portfolios II VictoryShares Emerging Markets Value Momentum ETF

UEVM
$--
Today’s Change
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Snapshot
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Inception Date
Oct 24 2017
Expense Ratio
0.45%
Type
Global Ex. US Equities
Fund Owner
VictoryShares
Volume (1m avg. daily)
$39,691
AUM
$170,140,500
Associated Index
Nasdaq Victory Emerging Market Value Momentum Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

2887
Taishin Financial Holding Co
1.31%
9904
Pou Chen
1.17%
500530
Bosch Ltd.
1.12%
NTPC
NTPC Ltd.
1.09%
500510
Larsen & Toubro Ltd.
1.05%
500124
Dr. Reddy`s Laboratories Ltd.
1.04%
500875
ITC Ltd.
1.04%
500830
Colgate-Palmolive (India) Ltd.
1.04%
OUT
OUTsurance Group Limited
1.02%
532977
Bajaj Auto Ltd
1.02%
Invest with UEVM

What is UEVM?

Seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Nasdaq Victory Emerging Market Value Momentum Index. The Index is comprised solely of securities issued by companies in emerging market countries that have higher exposure to value and momentum factors while also maintaining moderate turnover and lower realized volatility than traditional capitalization weighted indexes.

ETFs related toUEVM

ETFs correlated to UEVM include FEM, DFEV, FNDE

UEVM
Victory Portfolios II - VictoryShares USAA MSCI Emerging Markets Value Momentum ETF
FEM
First Trust Exchange-Traded Fund III - First Trust Emerging Markets AlphaDEX Fund
DFEV
Dimensional ETF Trust - Dimensional Emerging Markets Value ETF
FNDE
Schwab Strategic Trust - Schwab Fundamental Emerging Markets Large Company Index ETF
DGS
WisdomTree Trust - WisdomTree Emerging Markets SmallCap Dividend Fund
DFEM
Dimensional ETF Trust - Dimensional Emerging Markets Core Equity 2 ETF
AVEM
American Century ETF Trust - Avantis Emerging Markets Equity ETF
PXH
Invesco Capital Management LLC - Invesco FTSE RAFI Emerging Markets ETF
DFAE
Dimensional ETF Trust - Dimensional Emerging Core Equity Market ETF
EMGF
BlackRock Institutional Trust Company N.A. - iShares Emerging Markets Equity Factor ETF
DEM
WisdomTree Trust - WisdomTree Emerging Markets High Dividend Fund

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

UEVM is a Global Ex. US Equities ETF. Seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Nasdaq Victory Emerging Market Value Momentum Index. The Index is comprised solely of securities issued by companies in emerging market countries that have higher exposure to value and momentum factors while also maintaining moderate turnover and lower realized volatility than traditional capitalization weighted indexes.

UEVM tracks the Nasdaq Victory Emerging Market Value Momentum Index.

No, UEVM 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, UEVM 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 UEVM is -0.0006%. This is the percent change in the value of UEVM over the most recent 1-month period. The 3-month return on UEVM is 0.0292%. This is the percent change in the value of UEVM over the most recent 3-month period.

The standard deviation of UEVM for the past year is 0.1422%. 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 UEVM include PBW, IGF, and ARKK.

ETFs correlated to UEVM include FEM, DFEV, and FNDE.

ETFs that are inversely correlated to UEVM include EDZ, YANG, and EFZ.

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.