CSF

VictoryShares U.S. Discovery Enhanced Volatility Wtd ETF
*Unless otherwise stated, data provided by FactSet.

CSF Fund Description

CSF tracks an index of 500 US small-cap stocks, screened for positive earnings and weighted by volatility. The fund can hold up to 75% cash in market downturns.

CSF Factset Analytics Insight

CSF offers small-cap exposure with downside protection. The Index screens out companies with negative earnings in any of the last four quarters, then selects 500 constituents and overweights those with low price volatility. The index applies a 25% sector cap and reconstitutes every March and September. Furthermore, in the event of a 10% decline in its equity holdings, 75% of the portfolio will be liquidated. CSF 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 (moves in and out of cash only occur at month-end). CSF's sector exposures reflect the market well, though its earnings screen and low-vol weighting seem to create a value tilt.

CSF MSCI ESG Analytics Insight

VictoryShares U.S. Discovery Enhanced Volatility Wtd ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.99 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 U.S. Discovery Enhanced Volatility Wtd ETF ranks in the 26th percentile within its peer group and in the 17th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

CSF 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 11/29/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
CSF 0.76% 3.69% 25.29% 34.22% 13.65% 10.90% --
CSF (NAV) -0.01% 0.64% 24.62% 33.47% 13.32% 11.03% --
MSCI USA Small Cap Index -2.05% -0.69% 18.38% 25.54% 17.01% 14.09% 15.02%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

CSF Summary Data

Crestview
08/01/14
Open-Ended Fund
0.35%
$68.81M
$260.91K
0.18%

CSF Portfolio Data

$1.72B
15.50
1.98
0.95%
N/A
490

CSF Index Data

Nasdaq Victory U.S. Small Cap 500 Long/Cash Volatility Weighted Index
Technical
Multi-Factor
MSCI USA Small Cap Index

CSF Portfolio Management

0.35%
-0.08%
0.01%
-1.18%

CSF Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

CSF Fund Structure

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

CSF Factset Analytics Block Liquidity

As of 11/30/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of CSF. CSF is rated a 4 out of 5.

CSF Tradability

4,214
$260.91K
2,646
$169.81K
0.18%
$0.11
0.00%
1.33% / -1.31%
None
98.00%
50,000
0.05
0.03%
0.15%
0
$62.18
4

CSF Sector/Industry Breakdown


CSF
Segment Benchmark
25.94%
22.61%
19.96%
14.03%
12.90%
15.32%
10.87%
14.85%
8.75%
13.83%
7.56%
3.89%
5.19%
5.04%
4.24%
2.04%
1.59%
3.49%
1.53%
0.63%

CSF Countries


CSF
Segment Benchmark
100.00%
100.00%

CSF Regions


CSF
Segment Benchmark
100.00%
100.00%

CSF Economic Development


CSF
Segment Benchmark
100.00%
100.00%

CSF Performance Statistics

0.88
0.99
1.06
0.94
0.38%
MSCI USA Small Cap Index

CSF MSCI ESG Ratings

4.99 / 10
16.75
25.92
3.20%
--
118.86

CSF Benchmark Comparison Holdings

490
1855
458
13.31%

CSF Benchmark Comparison Summary


CSF
Segment Benchmark
490
1855
$1.72B
$5.77B
15.50
49.54
1.98
2.79
1.20%
1.00%
Low
Low

CSF Benchmark Comparison Market Cap Size


CSF
Segment Benchmark
0.00%
4.83%
15.85%
73.12%
75.43%
21.12%
8.72%
0.93%