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ISIN
US92647N5683
CUSIP
92647N568
Inception Date
Oct 24, 2017
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
Nasdaq Victory US Small Mid Cap Value Momentum Index
Domicile
United States
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Small-Cap
Asset Class Style
Value
Assets Under Management
$2B

Share Price Chart


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Performance

USVM Performance Chart

VictoryShares US Small Mid Cap Value Momentum ETF (USVM) is up 18.8% since the beginning of the year. USVM is currently trading at $108 per share. Investors who bought $1,000 worth of USVM shares 5 years ago would now be looking at an investment worth $1,615.


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S&P 500 Index

Returns By Period

VictoryShares US Small Mid Cap Value Momentum ETF (USVM) has returned 18.75% so far this year and 32.76% over the past 12 months.


VictoryShares US Small Mid Cap Value Momentum ETF

1D
0.05%
1M
4.06%
YTD
18.75%
6M
16.97%
1Y
32.76%
3Y*
20.77%
5Y*
10.06%
10Y*

Benchmark (S&P 500 Index)

1D
-1.44%
1M
-1.45%
YTD
7.60%
6M
6.59%
1Y
22.24%
3Y*
19.20%
5Y*
11.54%
10Y*
13.71%
*Multi-year figures are annualized to reflect compound growth (CAGR)

USVM Monthly Returns History

Based on dividend-adjusted daily data since Oct 26, 2017, USVM's average daily return is +0.05%, while the average monthly return is +1.04%. At this rate, an investment would double in approximately 5.6 years.

Historically, 61% of months were positive and 39% were negative. The best month was Apr 2020 with a return of +14.8%, while the worst month was Mar 2020 at -24.3%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 4 months.

On a daily basis, USVM closed higher 52% of trading days. The best single day was Apr 9, 2025 with a return of +8.7%, while the worst single day was Mar 16, 2020 at -14.0%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20265.14%3.03%-3.92%9.06%1.13%3.46%18.75%
20253.48%-5.26%-4.37%-2.74%6.11%3.69%-0.23%7.03%1.65%-1.47%3.72%-0.67%10.56%
2024-1.78%6.11%5.04%-5.59%5.03%-2.11%9.02%-0.27%1.40%-1.65%10.02%-8.02%16.59%
20237.96%-1.71%-4.17%-0.54%-2.44%8.33%4.78%-1.97%-4.15%-5.78%9.01%10.02%18.90%
2022-8.01%1.99%2.10%-7.25%1.65%-8.65%10.49%-3.91%-9.75%11.70%4.14%-5.63%-13.23%
20215.05%5.89%3.02%2.15%1.71%2.07%-2.57%3.10%-3.19%3.79%-2.79%4.37%24.44%

Benchmark Metrics

VictoryShares US Small Mid Cap Value Momentum ETF has an annualized alpha of -0.99%, beta of 0.98, and R2 of 0.74 versus S&P 500 Index. Calculated based on daily prices since October 26, 2017.

  • This ETF participated in 104.31% of S&P 500 Index downside but only 96.73% of its upside - more exposed to losses than it benefited from rallies.
  • With beta of 0.98 and R2 of 0.74, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

Alpha
-0.99%
Beta
0.98
0.74
Upside Capture
96.73%
Downside Capture
104.31%

Expense Ratio

USVM has an expense ratio of 0.29%, placing it in the medium range.


Return for Risk

Risk / Return Rank

USVM ranks 75 for risk / return — better than 75% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


USVM Risk / Return Rank: 7575
Overall Rank
USVM Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
USVM Sortino Ratio Rank: 7676
Sortino Ratio Rank
USVM Omega Ratio Rank: 6868
Omega Ratio Rank
USVM Calmar Ratio Rank: 8080
Calmar Ratio Rank
USVM Martin Ratio Rank: 8080
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for VictoryShares US Small Mid Cap Value Momentum ETF (USVM) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


USVMBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.42

Sortino ratioReturn per unit of downside risk

+0.74

Omega ratioGain probability vs. loss probability

1.38

1.32

+0.06

Calmar ratioReturn relative to maximum drawdown

3.94

2.46

+1.48

Martin ratioReturn relative to average drawdown

14.82

10.92

+3.90

Dividends

Dividend History

VictoryShares US Small Mid Cap Value Momentum ETF provided a 1.77% dividend yield over the last twelve months, with an annual payout of $1.91 per share. The fund has been increasing its distributions for 4 consecutive years.


0.60%0.80%1.00%1.20%1.40%1.60%1.80%$0.00$0.50$1.00$1.50201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM202520242023202220212020201920182017
Dividend$1.91$1.68$1.47$1.20$0.90$0.51$0.72$0.96$0.65$0.33

Dividend yield

1.77%1.84%1.75%1.63%1.43%0.70%1.21%1.77%1.43%0.65%

Monthly Dividends

The table displays the monthly dividend distributions for VictoryShares US Small Mid Cap Value Momentum ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.06$0.11$0.17$0.21$0.04$0.18$0.78
2025$0.08$0.03$0.11$0.17$0.05$0.11$0.22$0.06$0.23$0.22$0.03$0.37$1.68
2024$0.11$0.04$0.00$0.20$0.01$0.09$0.12$0.26$0.16$0.18$0.02$0.27$1.47
2023$0.11$0.06$0.17$0.09$0.04$0.11$0.10$0.02$0.04$0.14$0.05$0.25$1.20
2022$0.12$0.03$0.04$0.08$0.00$0.10$0.07$0.00$0.07$0.08$0.04$0.26$0.90
2021$0.01$0.03$0.03$0.07$0.01$0.00$0.00$0.02$0.07$0.10$0.04$0.12$0.51

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the VictoryShares US Small Mid Cap Value Momentum ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the VictoryShares US Small Mid Cap Value Momentum ETF was 42.38%, occurring on Mar 23, 2020. Recovery took 166 trading sessions.

The current VictoryShares US Small Mid Cap Value Momentum ETF drawdown is 0.24%.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-42.38%Mar 2020
1y 6mo7mo 28d
2y 2moAug 2018 - Nov 2020
Bear market2022
-25.27%Sep 2022
10mo 21d1y 4mo
2y 3moNov 2021 - Feb 2024
2025 selloff2025
-24.34%Apr 2025
4mo 13d5mo 6d
9mo 19dNov 2024 - Sep 2025
2018 pullback2018
-9.16%Feb 2018
15d3mo 7d
3mo 22dJan 2018 - May 2018
2024 pullback2024
-8.98%Aug 2024
4d1mo 15d
1mo 19dAug 2024 - Sep 2024

Drawdown Indicators


USVMBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-42.38%

-56.78%

+14.40%

Max Drawdown (1Y)

Largest decline over 1 year

-8.36%

-9.10%

+0.74%

Max Drawdown (3Y)

Largest decline over 3 years

-24.34%

-18.90%

-5.44%

Max Drawdown (5Y)

Largest decline over 5 years

-25.27%

-25.43%

+0.16%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-0.24%

-3.21%

+2.97%

Average Drawdown

Average peak-to-trough decline

-7.85%

-10.71%

+2.86%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.22%

2.04%

+0.18%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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