CSB
VictoryShares US Small Cap High Dividend Volatility Wtd ETF
The VictoryShares US Small Cap High Div Volatility Wtd Index ETF tracks the performance of the Compass EMP US Small Cap High Dividend 100 Volatility Weighted Index by investing in small-cap dividend-paying US common stocks.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
256.9 M
ASSETS UNDER MGMT
35 bp
EXPENSES
Fund Basics
| Fund sponsor | Victory Capital Management |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Jul 07, 2015 |
| Assets (mns) | $257 |
| Expense ratio | 35 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Monthly |
| Taxation | 1099 |
| Stock selection | Fundamental |
| Weighting | Volatility |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| DT MIDSTREAM, INC. | 2.4 % |
| NATIONAL FUEL GAS CO | 2.2 % |
| IDACORP INC | 2.0 % |
| PNM RESOURCES INC | 2.0 % |
| SPIRE, INC. | 1.8 % |
| CAL-MAINE FOODS INC | 1.8 % |
| SENSIENT TECHNOLOGIES CORP | 1.8 % |
| PREMIER INC-CLASS A | 1.7 % |
| FEDERATED INVESTORS INC-CL B | 1.6 % |
| NORTHWESTERN CORP | 1.6 % |
Constituent Breakdown
| Number of holdings | 102 |
| Herfindahl-Hirschman Index | 124 |
| Wgt avg mkt cap (mns) | $3,757 |
| Large cap (>$10bn) | 2.4% |
| Mid cap ($2-10bn) | 83.4% |
| Small cap (<$2bn) | 15.2% |
| Developed mkts. | 101.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 101.0 % |
Historical Performance
Standardized Performance (as of 10/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -3.9% | -2.2% | 9.9% | 2.6% | 7.9% | 5.4% | -- | 4.9% |
| Dividend Yield | 1.9% | 1.9% | 3.0% | 3.2% | 3.5% | 3.6% | -- | 3.5% |
| Total Returns | -2.0% | -0.3% | 12.9% | 5.8% | 11.4% | 9.0% | -- | 8.5% | Ann. Volatility | 20.3% | 20.6% | 19.6% | 19.3% | 20.3% | 21.6% | -- | 21.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.98 | 45% |
| MSCI EAFE | 0.73 | 33% |
| MSCI Emg Mkts | 0.52 | 20% |
Liquidity Measures
| Avg. volume (000) | 12 |
| ADV traded (mns) | $1 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.10% |
Technical Indicators
| 30d moving avg. (EMA) | $57.53 |
| Relative strength (RSI) | 49 |
| MACD/Signal | -0.29/-0.24 |
| Bollinger Bands (Upper/Lower) | $58.74/$56.04 |
| Short interest (% of AUM) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. CSB |
Expenses vs. CSB |
ALTAR Score™ vs. CSB |
|---|---|---|---|---|
| DES | WisdomTree U.S. SmallCap Dividend Fund | 29.0% | +3 bp | +9.3% |
| CSA | VictoryShares US Small Cap Volatility Wtd ETF | 22.9% | 0 bp | +7.6% |
| TPSC | Timothy Plan US Small Cap Core ETF | 21.6% | +17 bp | +7.0% |
| DGRS | WisdomTree US Smallcap Quality Dividend Growth Fund | 21.1% | +3 bp | +10.1% |
| SMDV | ProShares Russell 2000 Dividend Growers ETF | 20.8% | +5 bp | +7.8% |
| REGL | ProShares S&P MidCap 400 Dividend Aristocrats ETF | 19.2% | +5 bp | +7.5% |
| XMLV | Invesco S&P MidCap Low Volatility ETF | 17.9% | -10 bp | +7.2% |
| PEY | Invesco High Yield Equity Dividend Achievers ETF | 17.8% | +17 bp | +10.2% |
| KBE | State Street SPDR S&P Bank ETF | 17.2% | 0 bp | +9.7% |
| XSHD | Invesco S&P SmallCap High Dividend Low Volatility ETF | 17.1% | -5 bp | +17.4% |
Risk and Returns: CSB vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/27/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.
ALTAR Score™
CSB
9.3%
Cat. Avg
5.6%
ALTAR Score™ Calculation
Category Overview
There are 1012 funds in the US Equity category, with an average ALTAR Score™
of 5.6% and a standard deviation of
2.3%. CSB's ALTAR Score™ is approximately
1.6 standard deviations
above
the category average. This places CSB in the 94th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
CSBSELL
U/W
HOLD
O/W
BUY