VictoryShares International Volatility Wtd ETF (CIL)

Overview

The VictoryShares International Volatility Wtd ETF (IVOL) seeks to provide investment results that closely correspond to the performance of the Nasdaq VictoryShares International Volatility Weighted Index. It primarily focuses on developed markets outside the US and aims to reduce volatility by weighting stocks based on their historical volatility.

Reputation and Reliability

VictoryShares is the ETF brand of Victory Capital Management, a well-established asset management firm with a strong track record.

Management Expertise

Victory Capital has experienced professionals managing its ETFs, leveraging quantitative analysis to manage risk and volatility.

Goal

The fund's goal is to track the Nasdaq VictoryShares International Volatility Weighted Index, aiming for lower volatility relative to traditional market-cap weighted indexes.

Investment Approach and Strategy

Strategy: The ETF tracks the Nasdaq VictoryShares International Volatility Weighted Index, which weights stocks based on their historical volatility, with lower volatility stocks receiving higher weights.

Composition The ETF primarily holds stocks from developed markets outside the US.

Market Share: Data unavailable.

Total Net Assets (AUM): 102400000

Key Competitors

• SPDR MSCI EAFE StrategicFactors ETF (QEFA)
• Invesco FTSE RAFI Developed Markets ex-U.S. ETF (PXN)
• Dimensional International Core Equity Market ETF (DFAI)

Competitive Landscape

The international developed market ETF space is competitive, with various ETFs focusing on different factors like value, quality, and momentum. IVOL's volatility-weighted approach offers a unique selling point for investors seeking lower volatility compared to market-cap weighted or factor-based alternatives. However, the lack of specific market share data makes direct comparison challenging. A disadvantage is that by focusing on low volatility, IVOL might underperform during strong bull markets.

Historical Performance: Historical performance data is unavailable. Refer to official fund documents for details.

Benchmark Comparison: Performance data is unavailable, thus a meaningful comparison with the benchmark is not possible.

Expense Ratio: 0.35

Average Trading Volume

The ETF's average trading volume provides a measure of how easily shares can be bought and sold.

Bid-Ask Spread

The bid-ask spread indicates the cost of trading the ETF, with narrower spreads generally indicating higher liquidity.

Market Environment Factors

Economic growth in developed markets outside the US, interest rate policies, currency fluctuations, and geopolitical events impact IVOL's performance.

Growth Trajectory

Growth depends on the sustained demand for low volatility strategies and the ETF's ability to attract assets. There are no major changes to the strategy and holdings.

Competitive Edge

IVOL's competitive advantage lies in its volatility-weighted methodology, differentiating it from market-cap weighted and factor-based ETFs. This unique approach appeals to investors seeking to mitigate downside risk. The fund's focus on international developed markets further positions it as a specialized offering. VictoryShares' experience in quantitative investing also contributes to its competitive edge. However, its AUM is low compared to its competitors.

Volatility

The ETF's historical volatility can be assessed using standard deviation of returns; data is unavailable, so it can't be determined.

Market Risk

The ETF is subject to market risk, including economic downturns, geopolitical instability, and currency fluctuations within international developed markets.

Ideal Investor Profile

The ideal investor is risk-averse, seeks diversification in international developed markets, and prioritizes lower volatility over maximizing returns.

Market Risk

The ETF is suitable for long-term investors seeking to reduce portfolio volatility and potentially enhance risk-adjusted returns.

The VictoryShares International Volatility Wtd ETF (IVOL) offers exposure to international developed markets with a focus on lower volatility. The ETF weights its holdings based on volatility, potentially providing downside protection in turbulent markets. It is suitable for risk-averse investors and those seeking diversification. Its competitive edge lies in its volatility-weighted methodology and the management team's quantitative expertise. The fund is subject to market risk and may underperform during strong bull markets.

Data Sources:

• VictoryShares Official Website
• Nasdaq Official Website
• Bloomberg
• Morningstar

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions. Market share data was unavailable at the time of generation.