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ETFs

VictoryShares Portfolios II VictoryShares US Value Momentum ETF

ULVM
$--
Today’s Change
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Snapshot
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Inception Date
Oct 24 2017
Expense Ratio
0.20%
Type
US Equities
Fund Owner
VictoryShares
Volume (1m avg. daily)
$120,419
AUM
$158,584,500
Associated Index
Nasdaq Victory US Value Momentum Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

WMT
Walmart Inc
1.49%
BRK/B
Berkshire Hathaway Inc. - Ordinary Shares - Class B
1.39%
KHC
Kraft Heinz Co
1.34%
COR
Cencora Inc.
1.30%
RSG
Republic Services, Inc.
1.26%
MDLZ
Mondelez International Inc. - Ordinary Shares - Class A
1.25%
TJX
TJX Companies, Inc.
1.22%
ED
Consolidated Edison, Inc.
1.20%
PPL
PPL Corp
1.18%
EXC
Exelon Corp.
1.15%
Invest with ULVM

What is ULVM?

Seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Nasdaq Victory US Value Momentum Index. The Index is designed to deliver exposure to equity securities of large-capitalization U.S. 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 toULVM

ETFs correlated to ULVM include VTV, JPUS, SCHV

ULVM
Victory Portfolios II - VictoryShares US Value Momentum ETF
VTV
Vanguard Group, Inc. - Vanguard Value ETF
JPUS
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return U.S. Equity ETF
SCHV
Schwab Strategic Trust - Schwab U.S. Large-Cap Value ETF
NULV
Nuveen Fund Advisors LLC - Nuveen ESG Large-Cap Value ETF
MGV
Vanguard Group, Inc. - Vanguard Mega Cap Value ETF
VYM
Vanguard Group, Inc. - Vanguard High Dividend Yield Indx ETF
ROUS
Lattice Strategies Trust - Hartford Multifactor US Equity ETF
JAVA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Active Value ETF
DTD
WisdomTree Trust - WisdomTree U.S. Total Dividend Fund
PRF
Invesco Capital Management LLC - Invesco FTSE RAFI US 1000 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 toULVM

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

Create your own algorithmic trading strategy with ULVM using Composer

FAQ

ULVM is a US Equities ETF. Seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Nasdaq Victory US Value Momentum Index. The Index is designed to deliver exposure to equity securities of large-capitalization U.S. issuers that have higher exposure to value and momentum factors while also maintaining moderate turnover and lower realized volatility than traditional capitalization weighted indexes.

ULVM tracks the Nasdaq Victory US Value Momentum Index.

No, ULVM 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, ULVM 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 ULVM is -0.0095%. This is the percent change in the value of ULVM over the most recent 1-month period. The 3-month return on ULVM is -0.0034%. This is the percent change in the value of ULVM over the most recent 3-month period.

The standard deviation of ULVM for the past year is 0.1456%. 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 ULVM include SPHQ, SPHB, and DSI.

ETFs correlated to ULVM include VTV, JPUS, and SCHV.

ETFs that are inversely correlated to ULVM include DOG, SDOW, and DXD.

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.