SHLDVictoryShares Protect America ETF
SHLD Fund Description
SHLD tracks a narrow index of US-listed companies selected and weighted based on current and projected US national security revenues and significant intellectual property contributions to the aerospace and defense industry.
SHLD Factset Analytics Insight
SHLD is passively managed to provide exposure to US companies that derive significant revenue from contracts with four major US Government agencies: Department of Defense, Department of Energy, Department of Homeland Security, and NASA. SHLD differs from others in the space to reach beyond traditional subindustries to include possibly technology, cybersecurity and healthcare stocks. The selection process uses artificial intelligence to rank companies based on actual and projected revenue from government contracts, defense-related patents or intellectual property(IP). The eligible universe contains the top 50 companies ranked by contract revenue and the top 200 companies that have significant IP contributions to the same government agencies. Stocks must be US-listed and meet minimum trading liquidity requirements. SHLD is reconstituted and rebalanced semi-annually, however the fund can become heavily concentrated at times.
SHLD MSCI ESG Analytics Insight
VictoryShares Protect America ETF has an MSCI ESG Fund Rating of A based on a score of 6.60 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 Protect America ETF ranks in the 63th percentile within its peer group and in the 58th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
SHLD 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.
SHLD Summary Data
SHLD Portfolio Data
SHLD Index Data
SHLD Portfolio Management
SHLD Tax Exposures
SHLD Fund Structure
SHLD Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SHLD. SHLD is rated a 4 out of 5.
SHLD Sector/Industry Breakdown
SHLD Top 10 Holdings[View All]
SHLD Economic Development
SHLD Performance Statistics
SHLD MSCI ESG Ratings
SHLD Benchmark Comparison Summary
SHLD Benchmark Comparison Market Cap Size