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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Health Technology
Stocks99.59%
Technology Services25.99%
Electronic Technology17.72%
Finance14.16%
Health Technology10.55%
Retail Trade9.64%
Consumer Non-Durables6.12%
Utilities4.80%
Consumer Services3.23%
Consumer Durables2.12%
Communications1.56%
Health Services1.34%
Commercial Services0.99%
Distribution Services0.68%
Producer Manufacturing0.44%
Transportation0.15%
Process Industries0.10%
Bonds, Cash & Other0.41%
Cash0.41%
Corporate0.00%
Stock breakdown by region
North America98.39%
Europe1.61%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MODL invests in stocks. The fund's major sectors are Technology Services, with 25.99% stocks, and Electronic Technology, with 17.72% of the basket. The assets are mostly located in the North America region.
MODL top holdings are NVIDIA Corporation and Microsoft Corporation, occupying 6.04% and 5.43% of the portfolio correspondingly.
MODL last dividends amounted to 0.03 USD. The month before, the issuer paid 0.02 USD in dividends, which shows a 43.23% increase.
Yes, MODL pays dividends to its holders with the dividend yield of 0.69%. The last dividend (Sep 9, 2025) amounted to 0.03 USD. The dividends are paid monthly.
MODL shares are issued by Victory Capital Holdings, Inc. under the brand VictoryShares. The ETF was launched on Oct 12, 2022, and its management style is Active.
MODL expense ratio is 0.46% meaning you'd have to pay 0.46% of your investment to help manage the fund.
MODL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MODL invests in stocks.