Key stats
About VictoryShares WestEnd U.S. Sector ETF
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Inception date
Oct 12, 2022
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Victory Capital Management, Inc. (Investment Management)
Distributor
Foreside Fund Services LLC
ISIN
US92647P1268
MODL is a fund-of-funds that holds passive sector ETFs based on the fund advisors evaluation of the macroeconomic and market environment. These underlying ETFs primarily invest in large-cap US equities that are classified in one or more of 11 GICS sectors. Security selection begins by examining macroeconomic factors such as interest rates, inflation, price levels, rates of economic growth, national income, domestic product, and unemployment to determine market environment. Individual sector ETFs are then selected that are believed to potentially benefit most from the economic conditions. Specific attention is given to avoid investments in sectors believed to benefit the least from this top-down market assessment. The fund typically invests in four to six economic sectors at any given time. Single sector weights are capped at 35% of the funds assets. The underlying exposure changes based on the advisors discretion.
Related funds
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Health Technology
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
MODL assets under management is 614.79 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
MODL invests in stocks. See more details in our Analysis section.
MODL expense ratio is 0.46%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, MODL isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, MODL pays dividends to its holders with the dividend yield of 0.69%.
MODL shares are issued by Victory Capital Holdings, Inc.
MODL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 12, 2022.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.