CIZ

VictoryShares Developed Enhanced Volatility Wtd ETF
*Unless otherwise stated, data provided by FactSet.

CIZ Fund Description

CIZ tracks an index of 500 ex-US developed-market stocks screened for positive earnings weighted by volatility. The fund can hold up to 75% cash in market downturns.

CIZ Factset Analytics Insight

CIZ offers international large-cap exposure with downside protection. The fund takes a two-pronged approach to risk reduction — low-vol weighting and cash toggle. The index screens out companies with negative earnings in any of the last four quarters, selects 500 constituents and overweights those with low price volatility. The index applies 20% country cap and 25% sector cap with semi-annual reconstitution starting each March. Furthermore, in the event of a 12% decline in its equity holdings, 75% of the portfolio will be moved to cash or cash equivalents and it has logic to buy back equities in severe downturns. CIZ will move back into stocks gradually if the market continues to decline, or immediately if the market recovers. This sort of rules-based market timing can help limit losses, though there is a risk that the fund will act too late (cash-toggles only occur at month-end). Sibling fund CIL offers the same exposure but without the cash toggle.

CIZ MSCI ESG Analytics Insight

VictoryShares Developed Enhanced Volatility Wtd ETF has an MSCI ESG Fund Rating of AA based on a score of 7.90 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 Developed Enhanced Volatility Wtd ETF ranks in the 90th percentile within its peer group and in the 73th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

CIZ 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.

PERFORMANCE [as of 07/22/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
CIZ 0.21% 1.66% 9.53% 23.37% 1.91% 5.16% --
CIZ (NAV) -0.45% 1.56% 9.01% 25.72% 1.97% 5.22% --
MSCI World ex USA Large Cap -1.37% 1.70% 9.90% 25.79% 8.03% 9.65% 5.38%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

CIZ Summary Data

Crestview
10/01/14
Open-Ended Fund
0.45%
$42.63M
$51.68K
0.29%

CIZ Portfolio Data

$41.36B
19.94
1.86
1.29%
N/A
491

CIZ Index Data

Nasdaq Victory International 500 Long/Cash Volatility Weighted Index
Technical
Multi-Factor
MSCI World ex USA Large Cap

CIZ Portfolio Management

0.45%
-0.80%
-0.58%
-1.78%

CIZ Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

CIZ Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Medium
Daily

CIZ Factset Analytics Block Liquidity

As of 07/23/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of CIZ. CIZ is rated a 3 out of 5.

CIZ Tradability

1,508
$51.68K
880
$30.65K
0.29%
$0.10
-0.46%
0.40% / -1.71%
None
28.00%
50,000
0.02
0.26%
0.29%
0
$34.27
3

CIZ Sector/Industry Breakdown


CIZ
Segment Benchmark
23.14%
23.31%
15.76%
13.85%
11.66%
10.64%
10.47%
11.74%
9.92%
7.48%
8.77%
11.74%
7.26%
9.02%
5.96%
2.99%
5.28%
3.60%
1.36%
5.20%

CIZ Top 10 Holdings[View All]

0.83%
0.45%
0.43%
0.43%
0.41%
0.40%
0.40%
0.40%
0.39%
0.38%
4.53%

CIZ Countries


CIZ
Segment Benchmark
18.55%
19.91%
12.15%
9.76%
10.65%
13.37%
8.40%
10.82%
7.27%
9.01%
7.20%
9.70%
4.82%
6.19%
4.43%
2.62%
4.41%
--
3.84%
3.07%

CIZ Regions


CIZ
Segment Benchmark
54.07%
58.72%
33.10%
30.08%
12.41%
11.13%
0.42%
0.08%

CIZ Economic Development


CIZ
Segment Benchmark
100.00%
100.00%

CIZ Performance Statistics

0.91
0.86
0.87
0.86
0.25%
MSCI World ex USA Large Cap

CIZ MSCI ESG Ratings

7.90 / 10
72.52
89.82
8.79%
6.91%
211.53

CIZ Benchmark Comparison Holdings

491
385
296
47.34%

CIZ Benchmark Comparison Summary


CIZ
Segment Benchmark
491
385
$41.36B
$96.27B
19.94
27.37
1.86
1.93
2.42%
2.43%
Low
Low

CIZ Benchmark Comparison Market Cap Size


CIZ
Segment Benchmark
84.52%
99.27%
15.48%
0.73%
0.00%
0.00%
0.00%
0.00%