Key stats
About VictoryShares US 500 Enhanced Volatility Wtd ETF
Expense ratio
0.40%
Home page
Inception date
Jul 2, 2014
CFO attempts to provide broad exposure to US large-caps while reducing the amount of attendant volatility. To this end, it employs three moving parts: a simple quality screen, low-volatility weighting, and a cash toggle. The quality screen removes firms with negative earnings over the past four quarters. Low-volatility weighting gives more weight to stocks with lower price variability and ignores correlations. CFO then adds a cash toggle that is triggered by a 10% drop from CFA's all-time high and moves 75% into cash. In severe downturns, CFO will leg back in as stock prices drop.
Classification
What's in the fund
Exposure type
Finance
Technology Services
Stock breakdown by region