MODL

VictoryShares WestEnd U.S. Sector ETF

$46.65
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The VictoryShares WestEnd U.S. Sector ETF (MODL) seeks to provide investment results that track the performance of the WestEnd U.S. Sector Index.

Overview

ETF tracking VictoryShares WestEnd U.S. Sector ETF

Category Other
Issuer Other
Inception Date 2022-10-12
Market Cap $638.6M
Average Volume N/A
Dividend Yield 0.52%
52-Week Range $34.89 - $47.70
VWAP $46.68

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The VictoryShares WestEnd U.S. Sector ETF (MODL) seeks to provide investment results that track the performance of the WestEnd U.S. Sector Index.

🎯 Investment Strategy

The ETF invests in a portfolio of U.S. equity securities that are intended to provide exposure to the various sectors of the U.S. equity market. The fund's holdings are weighted based on a proprietary methodology developed by WestEnd Advisors.

✨ Key Features

  • Broad exposure to the U.S. equity market across multiple sectors
  • Utilizes a proprietary sector weighting methodology
  • Aims to provide diversified market exposure with a low expense ratio
  • Relatively new ETF with limited performance history

⚠️ Primary Risks

  • Market risk: The value of the ETF's holdings may decline due to general market conditions
  • Sector concentration risk: The fund's performance may be more volatile due to its focus on specific sectors
  • Tracking error risk: The fund may not perfectly track the performance of its underlying index
  • Limited performance history: With a limited track record, the fund's long-term performance is uncertain

👤 Best For

The VictoryShares WestEnd U.S. Sector ETF may be suitable for investors seeking broad exposure to the U.S. equity market with a focus on sector diversification. However, due to the fund's limited performance history, it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.