CFAVictoryShares US 500 Volatility Wtd ETF
CFA Fund Description
CFA tracks an index of the largest US stocks by market cap, screened for positive earnings and weighted by volatility.
CFA Factset Analytics Insight
CFA combines a simple quality screen with a straightforward low-volatility weighting scheme. The 500 in the fund's name has no ties to the S&P 500. Instead, CFA takes the largest 500 publicly traded US stocks within the Nasdaq Global Index, screened for consecutive positive earnings in the last four quarters, and weights them inversely to their recent price volatility. Meaning, stocks with lower volatility receive a higher weighting while those with higher volatility receive a lower weighting. This produces a bigger basket than you'll find in low-vol SPLV and min-vol USMV. Sister funds CFO and CDC can move to cash in down markets and CDC also screens for high dividend yield.
CFA MSCI ESG Analytics Insight
VictoryShares US 500 Volatility Wtd ETF has an MSCI ESG Fund Rating of A based on a score of 6.68 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. VictoryShares US 500 Volatility Wtd ETF ranks in the 66th percentile within its peer group and in the 83th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
CFA MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
CFA Summary Data
CFA Portfolio Data
CFA Index Data
CFA Portfolio Management
CFA Tax Exposures
CFA Fund Structure
CFA Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of CFA. CFA is rated a 5 out of 5.
CFA Sector/Industry Breakdown
CFA Top 10 Holdings[View All]
CFA Economic Development
CFA Performance Statistics
CFA MSCI ESG Ratings
CFA Benchmark Comparison Summary
CFA Benchmark Comparison Market Cap Size