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ETFs

Victory Portfolios II VictoryShares International Value Momentum ETF

UIVM
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Oct 24 2017
Expense Ratio
0.35%
Type
Global Ex. US Equities
Fund Owner
VictoryShares
Volume (1m avg. daily)
$44,610
AUM
$231,815,500
Associated Index
Nasdaq Victory International Value Momentum Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

GWO
Great-West Lifeco Inc.
1.11%
ORA
Orange.
0.89%
HEN3
Henkel AG & Co. KGAA - PRF PERPETUAL EUR
0.88%
QSR
Restaurant Brands International Inc
0.80%
EMP.A
Empire Co., Ltd. - Ordinary Shares - Class A
0.80%
DTE
Deutsche Telekom AG - Registered Shares
0.77%
ACS
ACS, Actividades de Construccion Y Servicios, S.A.
0.77%
IMB
Imperial Brands Plc
0.76%
EN
Bouygues
0.75%
FGR
Eiffage
0.75%
Invest with UIVM

What is UIVM?

Seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Nasdaq Victory International Value Momentum Index. The Index is designed to deliver exposure to equity market performance in non-U.S. markets for issuers 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 toUIVM

ETFs correlated to UIVM include MFDX, FNDF, RODM

UIVM
Victory Portfolios II - VictoryShares Emerging Markets Value Momentum ETF
MFDX
Pimco Equity Series - PIMCO RAFI Dynamic Multi-Factor International Equity ETF
FNDF
Schwab Strategic Trust - Schwab Fundamental International Large Company Index ETF
RODM
Lattice Strategies Trust - Hartford Multifactor Developed Markets (ex-US) ETF
AVDE
American Century ETF Trust - Avantis International Equity ETF
JPIN
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return International Equity ETF
EFV
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE Value ETF
DFAI
Dimensional ETF Trust - Dimensional International Core Equity Market ETF
DWM
WisdomTree Trust - WisdomTree International Equity Fund
PXF
Invesco Capital Management LLC - Invesco FTSE RAFI Developed Markets ex-U.S. ETF
VYMI
Vanguard Group, Inc. - Vanguard International High Dividend Yield 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

UIVM 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 International Value Momentum Index. The Index is designed to deliver exposure to equity market performance in non-U.S. markets for issuers that have higher exposure to value and momentum factors while also maintaining moderate turnover and lower realized volatility than traditional capitalization weighted indexes.

UIVM tracks the Nasdaq Victory International Value Momentum Index.

No, UIVM 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, UIVM 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 UIVM is 0.019%. This is the percent change in the value of UIVM over the most recent 1-month period. The 3-month return on UIVM is 0.0155%. This is the percent change in the value of UIVM over the most recent 3-month period.

The standard deviation of UIVM for the past year is 0.151%. 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 UIVM include PBW, IGF, and ARKK.

ETFs correlated to UIVM include MFDX, FNDF, and RODM.

ETFs that are inversely correlated to UIVM include EFZ, EPV, and SH.

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.