UIVM
VictoryShares USAA MSCI International Value Momentum ETF
The fund seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the MSCI World ex USA Select Value Momentum Blend Index.
Fund Basics
| Fund sponsor | USAA Asset Management |
| Category | International Equities |
| Asset class | Equity |
| Website | link... |
| Inception date | Oct 24, 2017 |
| Assets (mns) | $231 |
| Expense ratio | 35 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
| DEUTSCHE TELEKOM AG | 0.8 % |
| HENKEL AG & CO KGAA VORZUG | 0.8 % |
| ACS ACTIVIDADES CONS Y SERV | 0.8 % |
| ORANGE SA | 0.8 % |
| EMPIRE CO LTD 'A' | 0.8 % |
| MUENCHENER RUECKVER AG-REG | 0.7 % |
| IMPERIAL TOBACCO GROUP PLC | 0.7 % |
| WESTON (GEORGE) LTD | 0.7 % |
| LOBLAW COMPANIES LTD | 0.7 % |
| CGI GROUP INC - CL A | 0.7 % |
Constituent Breakdown
| Number of holdings | 240 |
| Herfindahl-Hirschman Index | 47 |
| Wgt avg mkt cap (mns) | $11,929 |
| Large cap (>$10bn) | 28.7% |
| Mid cap ($2-10bn) | 35.6% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 91.3% |
| Emerging mkts. | 8.8% |
Country Exposure
 |
JAPAN | 27.4 % |
 |
BRITAIN | 10.8 % |
 |
GERMANY | 9.2 % |
 |
SOUTH KOREA | 8.7 % |
 |
FRANCE | 7.7 % |
 |
CANADA | 7.4 % |
 |
SPAIN | 4.4 % |
 |
HONG KONG | 3.8 % |
 |
SWEDEN | 2.7 % |
 |
ITALY | 2.7 % |
Historical Performance
Standardized Annual Returns (as of 08/31/2023)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. |
|---|---|---|---|---|---|---|
| 7.7% | 14.0% | -3.6% | 5.3% | 1.3% | -- | 0.5% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.81 | 74% |
| MSCI EAFE | 0.89 | 96% |
| MSCI Emg Mkts | 0.73 | 60% |
Liquidity Measures
| Avg. volume (000) | 6 |
| Turnover | 0.1% |
| Avg. Bid/Ask (% of price) | 0.14% |
| ADV of underlying (mns) | $10,505 |
Technical Indicators
| Recent close | $43.24 |
| 30d moving avg. | $43.09 |
| Annualized volatility | 16.8% |
| Relative strength (RSI) | 51 |
| 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. UIVM |
Expenses vs. UIVM |
ALTAR Score™ vs. UIVM |
|---|---|---|---|---|
| IVLU | iShares Edge MSCI Intl Value Factor ETF | 34.8% | -5 bp | +0.4% |
| JPIN | JPMorgan Diversified Return International Equity ETF | 31.5% | +2 bp | -1.2% |
| IQIN | IQ 500 International ETF | 30.5% | -10 bp | -1.3% |
| MFDX | PIMCO RAFI Dynamic Multi-Factor International Equity ETF | 30.2% | +4 bp | -2.6% |
| FDT | First Trust Developed Markets ex-US Alphadex Fund | 29.9% | +45 bp | -0.8% |
| DEEF | Xtrackers FTSE Developed ex US Comprehensive Factor ETF | 29.5% | -11 bp | -2.2% |
| FNDF | Schwab Fundamental International Large Co. Index ETF | 29.3% | -10 bp | -1.4% |
| RODM | Hartford Multifactor Developed Markets (ex-US) ETF | 28.4% | -6 bp | -0.8% |
| JHMD | John Hancock Multifactor Developed International ETF | 28.0% | +4 bp | -2.7% |
| EFV | iShares MSCI EAFE Value ETF | 27.7% | 0 bp | -1.4% |
Risk and Returns: UIVM 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
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023E | 2024E | ||
|---|---|---|---|---|---|---|---|---|
| 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
| 2022 | 2023E | Fwd Est | 2024E | |
| 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 9/21/2023
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
UIVM
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™
UIVM
10.8%
Cat. Avg
8.1%
Fund Category: International Equities
| Avg. Return on Equity | --% |
| Divided by: Fwd. P/BV | --x |
| Less: Expenses | -- bp |
| Equals: ALTAR Score™ | 10.8% |
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 271 funds in the International Equities category, with an average ALTAR Score™
of 8.1% and a standard deviation of
2.5%. UIVM's ALTAR Score™ is approximately
1.1 standard deviations
above
the category average. This places UIVM in the 86th percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
UIVM
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) |
|
|---|---|---|---|
| UIVM | 35.0 | 13.6 | 48.6 |
| Peer Avg. | -- | -- | -- |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .