CID
VictoryShares International High Div Volatility Wtd ETF
Victory Portfolios II
ETFIndex fund
Expense ratio1
0.45%
Net assets2
$17.05M
Holdings2
105
Category
International Equity
2023 return3
16.40%

Investment objective & strategy

As of Oct. 26, 2023 · prospectus

Objective. The VictoryShares International High Div Volatility Wtd ETF (the Fund) seeks to provide investment results that track the performance of the Nasdaq Victory International High Dividend 100 Volatility Weighted Index (the Index) before fees and expenses.

Strategy. The Fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets directly or indirectly in the securities included in the Nasdaq Victory International High Dividend 100 Volatility Weighted Index (the Index), an unmanaged, volatility weighted index maintained exclusively by Nasdaq, Inc. (the Index Provider). The Index Provider is not affiliated with the Fund or the Adviser. The Index combines fundamental criteria with individual security risk control achieved through volatility weighting of individual securities. The Index follows a rules-based methodology to construct its constituent securities: ? The Index universe begins with the stocks included in the Nasdaq Victory International 500 Volatility Weighted Index, a volatility weighted index comprised of the 500 largest … The Fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets directly or indirectly in the securities included in the Nasdaq Victory International High Dividend 100 Volatility Weighted Index (the Index), an unmanaged, volatility weighted index maintained exclusively by Nasdaq, Inc. (the Index Provider). The Index Provider is not affiliated with the Fund or the Adviser. The Index combines fundamental criteria with individual security risk control achieved through volatility weighting of individual securities. The Index follows a rules-based methodology to construct its constituent securities: ? The Index universe begins with the stocks included in the Nasdaq Victory International 500 Volatility Weighted Index, a volatility weighted index comprised of the 500 largest foreign companies by market capitalization with positive earnings over the last 12 months. ? The Index identifies the 100 highest dividend yielding stocks in the Nasdaq Victory International 500 Volatility Weighted Index. ? The 100 stocks are weighted based on their daily standard deviation (volatility) of daily price changes over the last 180 trading days. Stocks with lower volatility receive a higher weighting and stocks with higher volatility receive a lower weighting. The Index considers foreign companies to be those that are organized or domiciled in a developed country (excluding the U.S. and emerging markets) and whose stock principally trades on a foreign exchange. Representative developed markets include Canada, France, Germany, Japan, Hong Kong, and Australia. The Index is reconstituted every March and September (based on information as of the prior month-end) and is adjusted to limit exposure to any particular country to 20% and any particular sector to 25%. The Index may include more than or fewer than 100 stocks depending on the number of companies meeting the Indexs criteria. The Fund seeks to track the returns of the Index before fees and expenses by employing, under normal circumstances, a sampling process to invest in a representative sample of stocks included in the Index. The Funds portfolio managers select these stocks using a statistical optimization process designed to produce investment characteristics that closely approximate those of the Index. The Funds investments are subject to the following principal risks:

Top holdings

As of Sept. 30, 2024 · N-PORT
SecurityTickerValue% of fund
PEMBINA PIPELINE $308.87K 1.81%
KPN (KONIN) NV $294.07K 1.73%
ENBRIDGE INC $273.95K 1.61%
OCBC BANK $259.72K 1.52%
BANK OF NOVA SCO $250.56K 1.47%
TELSTRA GROUP LT $244.92K 1.44%
TC ENERGY CORP $236.95K 1.39%
ORANGE $234.19K 1.37%
EMERA INC $233.49K 1.37%
TELENOR ASA TEL $230.41K 1.35%
View all holdings →

Allocation by sector

As of September 30, 2024 · N-PORT
View portfolio breakdown →

Portfolio moves

Jun 30, 2024 → Sep 30, 2024
Opened
31
Exited
33
Increased
36
Decreased
36
Unchanged
2

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

View portfolio moves →

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Advisers

As of June 30, 2024 · N-CEN
FirmRole
Victory Capital Management Inc. Adviser

Footnotes

  1. Expense ratio as of October 26, 2023, from the fund's prospectus.
  2. Net assets and holdings count as of September 30, 2024, from the fund's N-PORT filing.
  3. Total return for calendar year 2023, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2023 (the latest prospectus does not yet chart this year).

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