MODL ISSUER
The VictoryShares WestEnd U.S. Sector ETF is managed by Victory Capital Management Inc. Under normal circumstances, this ETF invests at least 80% of its total assets in U.S. equity securities of companies classified in various sectors according to The Global Industry Classification Standard (GICS®), including Communication Services, Consumer Discretionary, Consumer Staples, Energy, Financials, Health Care, Industrials, Information Technology, Materials, Real Estate, and Utilities. GICS® is an independent classification system that categorizes issuers based on their primary business activities. Additionally, the ETF may allocate up to 10% of its total assets in shares of other exchange-traded funds (ETFs) primarily investing in U.S. equity securities across different GICS® Sectors. VictoryShares WestEnd U.S. Sector ETF provides investors with diversified exposure to various sectors of the U.S. equity market.
MODL DIVIDEND
The VictoryShares WestEnd U.S. Sector ETF follows a dividend distribution strategy while primarily investing in U.S. equity securities across various GICS® sectors. Under normal circumstances, the fund allocates at least 80% of its total assets to these sectors, as defined by the Global Industry Classification Standard (GICS®). The dividend eligibility and distribution of this ETF are influenced by the dividend policies and performances of the companies within these sectors. Additionally, the fund may allocate up to 10% of its total assets to shares of other ETFs that focus on U.S. equity securities within GICS® sectors, potentially enhancing its dividend exposure and income potential for investors.
MODL TRACKING
MODL employs a tracking strategy centered on capturing the performance of the Model Portfolio Index. This index is carefully designed to include a diversified selection of assets across various asset classes, regions, and sectors. By closely aligning with the Model Portfolio Index, MODL provides investors with an efficient means to gain exposure to a well-constructed and diversified portfolio, making it a valuable option for those seeking a comprehensive approach to their investment strategy.
MODL CORRELATION
While the specific correlation details for MODL are not available, understanding the correlation of an ETF is crucial for investors to assess its behavior concerning different market conditions. ETF Insider offers a robust web app designed to facilitate in-depth studies of correlations for various US ETFs. With its simple visualization tool, ETF Insider provides investors with comprehensive and interesting data, enabling them to analyze correlations and identify overlaps, empowering them to make well-informed investment decisions based on a deep understanding of market trends and relationships.
MODL SECTOR
The VictoryShares WestEnd U.S. Sector ETF primarily invests in U.S. equity securities classified in various GICS® sectors, including Communication Services, Consumer Discretionary, Consumer Staples, Energy, Financials, Health Care, Industrials, Information Technology, Materials, Real Estate, and Utilities. This diversified approach allows investors to gain exposure to a wide range of industries, potentially reducing risk through sector diversification. Additionally, the fund may allocate up to 10% of its total assets to ETFs focusing on U.S. equity securities within these GICS® sectors, offering further diversification opportunities within the ETF itself.
MODL EXPOSURE
The VictoryShares WestEnd U.S. Sector ETF focuses on providing exposure to various sectors within the U.S. equity market. This ETF invests at least 80% of its total assets in U.S. equity securities classified in sectors following the Global Industry Classification Standard (GICS®). These sectors encompass Communication Services, Consumer Discretionary, Consumer Staples, Energy, Financials, Health Care, Industrials, Information Technology, Materials, Real Estate, and Utilities. Additionally, the fund may allocate up to 10% of its total assets to shares of exchange-traded funds (ETFs) that primarily invest in U.S. equity securities within GICS® sectors. This approach allows investors to gain diversified exposure to a wide range of industries and businesses within the U.S. market.
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