VictoryShares International Value Momentum ETF (UIVM)

Overview

The VictoryShares International Value Momentum ETF (IVMO) seeks to provide investment results that track the performance of the Nasdaq Victory International Value Momentum Index. It focuses on international developed market equities exhibiting both value and momentum characteristics.

Reputation and Reliability

Victory Capital Management is a well-regarded asset manager with a history of providing various investment products. Their reliability is generally considered solid based on their industry presence.

Management Expertise

Victory Capital has a team of experienced investment professionals managing their ETFs, including specialists in quantitative analysis and portfolio management.

Goal

The ETF's primary investment goal is to track the performance, before fees and expenses, of the Nasdaq Victory International Value Momentum Index.

Investment Approach and Strategy

Strategy: The ETF tracks a specific index, the Nasdaq Victory International Value Momentum Index, which selects companies based on value and momentum factors.

Composition The ETF predominantly holds international developed market equities. It does not typically hold bonds or commodities.

Market Share: Insufficient data to provide accurate market share.

Total Net Assets (AUM): 259000000

Key Competitors

• SPDR Portfolio Developed World ex-US ETF (SPDW)
• Vanguard FTSE Developed Markets ETF (VEA)
• iShares Core MSCI EAFE ETF (IEFA)

Competitive Landscape

The international developed market ETF space is highly competitive, with several large, low-cost index trackers dominating. IVMO differentiates itself through its value and momentum factor tilts, which may appeal to investors seeking enhanced returns but also increases risk. Compared to broad market ETFs like VEA and IEFA, IVMO has a more concentrated portfolio. This focused approach can lead to outperformance in favorable market conditions but also underperformance in others.

Historical Performance: Historical performance data requires accessing up-to-date financial resources. Please refer to official financial sources for specific performance figures.

Benchmark Comparison: Benchmark comparisons require up-to-date financial resources. Please refer to official financial sources for specific benchmark performance.

Expense Ratio: 0.3

Average Trading Volume

The ETF's average trading volume is moderate, suggesting adequate liquidity for most investors.

Bid-Ask Spread

The bid-ask spread is generally tight, indicating reasonable trading costs.

Market Environment Factors

Economic indicators in developed international markets, currency fluctuations, and investor sentiment toward value and momentum strategies all influence IVMO's performance.

Growth Trajectory

Growth trends depend on the sustained performance of value and momentum factors in international markets. The ETF may adjust its holdings based on index reconstitution rules.

Competitive Edge

IVMO's competitive advantage lies in its targeted value and momentum factor exposure within the international developed markets. This factor-based approach aims to outperform broad market indexes, appealing to investors seeking a more strategic allocation. The ETF's methodology systematically selects stocks based on pre-defined criteria, reducing the potential for emotional biases. However, the success of this approach depends on the continued effectiveness of value and momentum factors. Investors should be aware that factor strategies can experience periods of underperformance.

Volatility

IVMO's volatility is expected to be moderate to high, reflecting its factor-based investment approach and exposure to international equities.

Market Risk

Market risk stems from fluctuations in international equity markets, currency risk, and the potential underperformance of value and momentum strategies relative to the broader market.

Ideal Investor Profile

The ideal investor is one who seeks international equity exposure with a value and momentum tilt, understands factor-based investing, and is willing to accept moderate to high volatility.

Market Risk

The ETF is suitable for long-term investors who believe in the long-term efficacy of value and momentum factors. It may also appeal to active traders seeking to implement factor-based strategies.

The VictoryShares International Value Momentum ETF (IVMO) offers exposure to international developed market equities using a value and momentum-based investment strategy. It seeks to outperform broad market indexes by focusing on companies with attractive value characteristics and strong price momentum. However, investors should be aware of the potential for higher volatility and the risk that these factors may underperform at times. IVMO is suited for investors seeking a strategic, factor-based international equity allocation and those who believe in the long-term effectiveness of value and momentum strategies. Before investing, investors should consider the ETFu2019s moderate AUM and compare it with other international ETFs based on expense ratio, liquidity and factor exposure.

Data Sources:

• Victory Capital Management Website
• ETF.com
• Morningstar
• Nasdaq

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Investment decisions should be based on individual circumstances and after consulting with a qualified financial advisor.