First-Year Review
Cambria Global EW ETF's largest holding is another fund, about 25 times an equal share
VictoryShares US Multi-Factor Minimum Volatility ETF
$60.40−0.30 (−0.50%)
- 0.42%
- $157M
- +16.6%
- 1.32%
- 0M sh
- $60.45
- low $52.75high $61.94
The ETF.net VSMV Grade
D
Score 36 out of 100
- 16 of 16
Score 36 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F0 out of 100Rank 16 of 16Mission
Whether the fund did what it promised, tested against its stated mandate.A70 out of 100Rank 13 of 16Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A72 out of 100Rank 3 of 16Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D33 out of 100Rank 13 of 16Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F23 out of 100Rank 16 of 16Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.F17 out of 100Rank 15 of 16
Our read on VSMV
DMost minimum-volatility funds hand the whole market to a volatility optimizer. VSMV screens first, keeping stocks that rate well on earnings quality, momentum, profitability and valuation, then optimizes only those survivors for the smoothest ride.
The Fund seeks to track the Nasdaq Victory US Multi-Factor Minimum Volatility Index before fees and expenses.
Why people hold it
- Two-step build: a fundamental factor screen picks the roster, then weights are set by how the chosen stocks correlate with each other, inside sector and position constraints.advisor.vcm.com
- Roughly 60 large- and mid-cap names, so the low-volatility tilt shows up in the portfolio instead of being diluted across hundreds of positions.advisor.vcm.com
- Pays monthly, a cadence more common in bond funds than equity ones. The index reconstitutes semi-annually, so the roster is not churning every month.advisor.vcm.com
Worth knowing
- 0.42% a year is roughly double the low-volatility category median, and several times what QLV (0.09%) or LGLV (0.12%) charge for a similar brief.
- Small and thinly traded next to shelf giants like USMV, so bid-ask spreads can run wider and large orders move the price more.
- Screening on fundamentals before optimizing means the holdings can look quite different from a plain minimum-volatility index in any given stretch.advisor.vcm.com
VSMV Holdings
- Stocks
- 62
- 47%
- AAPL
Sectors
- Technology37.9%
- Consumer Staples15.7%
- Health Care15.4%
- Financials7.9%
- Industrials7.7%
- Communication4.7%
- Energy4.5%
- Consumer Discretionary4.4%
- Materials1.7%
Geography
- United States95.45%
- Ireland3.59%
- Bermuda0.96%
VSMV Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
VSMV$11,657
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | VSMV |
|---|---|
| Year to date | +11.0% |
| 1 month | 0.0% |
| 3 months | +1.7% |
| 1 year | +16.6% |
| 3 years | +16.9% |
| 5 years | +11.3% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | VSMV |
|---|---|---|
| 2026 YTD | +11.0% | |
| 2025 | +16.8% | |
| 2024 | +15.8% | |
| 2023 | +12.3% | |
| 2022 | −7.5% | |
| 2021 | +25.7% | |
| 2020 | +5.1% |
VSMV in the news
Category Review
Cash-flow quality returned 42% while QUAL returned 17%
VSMV Dividends
- 1.32%
- $0.80
- $0.07 per share
- Monthly
Distribution history
VSMV Risk
- 9.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.24
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −18.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.56
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
VSMV Cost
0.42%
VSMV0.42%
- The middle half of US Low Volatility Index funds
- Median 0.20%
Every other US Low Volatility Index fund charges less.
Other funds in US Low Volatility Index
- CCFOVictoryShares US 500 Enhanced Volatility Wtd ETFExpense ratio 0.39%1 year return +12.1%
- CESMViShares ESG Optimized MSCI USA Min Vol Factor ETFExpense ratio 0.18%1 year return +12.0%
- CXMLVInvesco S&P MidCap Low Volatility ETFExpense ratio 0.25%1 year return +6.2%
- CXSLVInvesco S&P SmallCap Low Volatility ETFExpense ratio 0.25%1 year return +12.3%
- CQQLVInvesco Exchange-Traded Fund Trust II - Invesco QQQ Low Volatility ETFExpense ratio 0.25%1 year return +2.8%