UEVM
VictoryShares Emerging Markets Value Momentum ETF
The USAA MSCI Emerging Markets Value Momentum Blend Index ETF tracks a multi-factor-selected, volatility-weighted index of stocks from emerging economies.
Fund Basics
Fund sponsor | USAA Asset Management |
Category | Emerging Market Equities |
Asset class | Equity |
Website | link... |
Inception date | Oct 24, 2017 |
Assets (mns) | $175 |
Expense ratio | 45 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Semi-annual |
Taxation | 1099 |
Stock selection | Multi-Factor |
Weighting | Volatility |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | No |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
NTPC LIMITED | 1.2 % |
LARSEN & TOUBRO LIMITED | 1.2 % |
POWERTECH TECHNOLOGY INC | 1.2 % |
ITC LTD | 1.1 % |
POU CHEN | 1.1 % |
DR. REDDY'S LABORATORIES | 1.1 % |
COCA-COLA FEMSA SAB-SER L | 1.1 % |
TVS MOTOR CO LTD | 1.1 % |
CATCHER TECHNOLOGY CO LTD | 1.1 % |
LUPIN LTD | 1.0 % |
Constituent Breakdown
Number of holdings | 166 |
Herfindahl-Hirschman Index | 70 |
Wgt avg mkt cap (mns) | $18,615 |
Large cap (>$10bn) | 38.8% |
Mid cap ($2-10bn) | 57.8% |
Small cap (<$2bn) | 3.4% |
Developed mkts. | 6.6% |
Emerging mkts. | 93.5% |
Country Exposure
CHINA | 27.2 % | |
TAIWAN | 21.6 % | |
INDIA | 17.7 % | |
BRAZIL | 7.7 % | |
TURKEY | 5.9 % | |
MEXICO | 4.4 % | |
HONG KONG | 4.0 % | |
CHILE | 2.2 % | |
SOUTH AFRICA | 2.0 % | |
INDONESIA | 1.8 % |
Historical Performance
Standardized Annual Returns (as of 02/29/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. |
---|---|---|---|---|---|---|
0.0% | 18.5% | 2.0% | 3.1% | 3.9% | -- | 1.7% |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 0.61 | 51% |
MSCI EAFE | 0.80 | 80% |
MSCI Emg Mkts | 0.80 | 86% |
Liquidity Measures
Avg. volume (000) | 1 |
Turnover | 0.0% |
Avg. Bid/Ask (% of price) | 0.19% |
ADV of underlying (mns) | $5,757 |
Technical Indicators
Recent close | $45.40 |
30d moving avg. | $42.35 |
Annualized volatility | 15.3% |
Relative strength (RSI) | 65 |
Short interest (ETF) | 0.0% |
Short interest (underlying) | 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. UEVM |
Expenses vs. UEVM |
ALTAR Score™ vs. UEVM |
---|---|---|---|---|
ROAM | Hartford Multifactor Emerging Markets ETF | 31.8% | -1 bp | -1.9% |
FEM | First Trust Emerging Markets AlphaDEX Fund | 31.7% | +35 bp | +3.3% |
EEMO | Invesco S&P Emerging Markets Momentum ETF | 23.1% | -16 bp | -7.2% |
FDEM | Fidelity Emerging Markets Multifactor ETF | 22.1% | -20 bp | -1.3% |
PXH | Invesco FTSE RAFI Emerging Markets ETF | 20.7% | +4 bp | -13.5% |
MFEM | PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF | 20.4% | +5 bp | -2.8% |
FNDE | Schwab Fundamental Emerging Markets Large Co. Index ETF | 19.3% | -6 bp | -0.7% |
ECOW | Pacer Emerging Markets Cash Cows 100 ETF | 18.6% | +25 bp | -2.0% |
JPEM | JPMorgan Diversified Return Emerging Markets Equity ETF | 18.2% | -1 bp | -2.9% |
RODE | Hartford Multifactor Diversified International ETF | 17.9% | -16 bp | -2.1% |
Risk and Returns: UEVM 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.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
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 3/27/2024
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
UEVM
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
UEVM
13.5%
Cat. Avg
6.2%
Fund Category: Emerging Market Equities
Avg. Return on Equity | --% |
Divided by: Fwd. P/BV | --x |
Less: Expenses | -- bp |
Equals: ALTAR Score™ | 13.5% |
Recommendation
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.
Category Overview
There are 165 funds in the Emerging Market Equities category, with an average ALTAR Score™
of 6.2% and a standard deviation of
4.9%. UEVM's ALTAR Score™ is approximately
1.5 standard deviations
above
the category average. This places UEVM in the 93rd percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
UEVM
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Market Activity
Latest price | |
Change | |
Volume | |
Bid/Ask Spread | |
Update |
Today's Trading
Trading data provided for free by IEX. By accessing this data you agree to abide by their Terms of Service.
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
UEVM | 45.0 | 19.3 | 64.3 |
Peer Avg. | -- | -- | -- |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .