UITB vs. UEVM
UITB (VictoryShares Core Intermediate Bond ETF) and UEVM (VictoryShares Emerging Markets Value Momentum ETF) are both exchange-traded funds - UITB is a Intermediate Core Bond fund actively managed by Victory Capital, while UEVM is a Momentum fund tracking the Nasdaq Victory Emerging Market Value Momentum Index. UITB is actively managed, while UEVM is passively managed. Over the past 5 years, UITB returned 0.58%/yr vs 7.52%/yr for UEVM. At a 0.09 correlation, their price movements are largely independent. UITB charges 0.38%/yr vs 0.45%/yr for UEVM.
Performance
UITB vs. UEVM - Performance Comparison
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Returns By Period
In the year-to-date period, UITB achieves a 0.30% return, which is significantly lower than UEVM's 8.82% return.
UITB
- 1D
- 0.13%
- 1M
- 0.24%
- YTD
- 0.30%
- 6M
- 0.37%
- 1Y
- 4.58%
- 3Y*
- 4.41%
- 5Y*
- 0.58%
- 10Y*
- —
UEVM
- 1D
- -0.15%
- 1M
- -0.49%
- YTD
- 8.82%
- 6M
- 7.88%
- 1Y
- 23.89%
- 3Y*
- 18.12%
- 5Y*
- 7.52%
- 10Y*
- —
UITB vs. UEVM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UITB VictoryShares Core Intermediate Bond ETF | 0.30% | 7.32% | 1.81% | 6.49% | -12.23% | -0.88% | 7.99% | 11.40% | -1.31% | 0.99% |
UEVM VictoryShares Emerging Markets Value Momentum ETF | 8.82% | 22.74% | 11.92% | 17.41% | -14.60% | 11.09% | 3.77% | 10.71% | -16.96% | 3.70% |
Correlation
The correlation between UITB and UEVM is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Oct 27, 2017 | 0.09 |
Over the past year, UITB and UEVM have become more correlated (0.31) than their long-term average of 0.09, meaning their price movements have been converging.
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Return for Risk
UITB vs. UEVM — Risk / Return Rank
UITB
UEVM
UITB vs. UEVM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VictoryShares Core Intermediate Bond ETF (UITB) and VictoryShares Emerging Markets Value Momentum ETF (UEVM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| UITB | UEVM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.29 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.64 | 2.45 | -0.81 |
| Martin ratioReturn relative to average drawdown | 5.01 | 8.28 | -3.27 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| UITB | UEVM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.27 | 1.58 | -0.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | 0.47 | -0.37 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.33 | +0.14 |
Drawdowns
UITB vs. UEVM - Drawdown Comparison
The maximum UITB drawdown since its inception was -17.02%, smaller than the maximum UEVM drawdown of -45.44%. Use the drawdown chart below to compare losses from any high point for UITB and UEVM.
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Drawdown Indicators
| UITB | UEVM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.02% | -45.44% | +28.42% |
Max Drawdown (1Y)Largest decline over 1 year | -2.80% | -9.79% | +6.99% |
Max Drawdown (3Y)Largest decline over 3 years | -5.44% | -18.88% | +13.44% |
Max Drawdown (5Y)Largest decline over 5 years | -17.02% | -26.98% | +9.96% |
Current DrawdownCurrent decline from peak | -1.48% | -2.33% | +0.85% |
Average DrawdownAverage peak-to-trough decline | -4.34% | -11.67% | +7.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.92% | 2.89% | -1.97% |
Volatility
UITB vs. UEVM - Volatility Comparison
The current volatility for VictoryShares Core Intermediate Bond ETF (UITB) is 1.24%, while VictoryShares Emerging Markets Value Momentum ETF (UEVM) has a volatility of 5.03%. This indicates that UITB experiences smaller price fluctuations and is considered to be less risky than UEVM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UITB | UEVM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.24% | 5.03% | -3.79% |
Volatility (6M)Calculated over the trailing 6-month period | 2.59% | 12.13% | -9.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.66% | 15.17% | -11.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.64% | 15.90% | -10.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.98% | 18.38% | -13.40% |
UITB vs. UEVM - Expense Ratio Comparison
UITB has a 0.38% expense ratio, which is lower than UEVM's 0.45% expense ratio.
Dividends
UITB vs. UEVM - Dividend Comparison
UITB's dividend yield for the trailing twelve months is around 4.17%, more than UEVM's 3.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
UEVM VictoryShares Emerging Markets Value Momentum ETF | 3.06% | 4.02% | 5.65% | 4.71% | 3.46% | 4.49% | 2.19% | 2.79% | 2.34% | 0.79% |
UITB VictoryShares Core Intermediate Bond ETF | 4.17% | 4.04% | 3.89% | 3.14% | 2.32% | 1.95% | 2.79% | 3.01% | 2.99% | 0.50% |
Frequently Asked Questions
UITB and UEVM have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UEVM has higher volatility (5.03%) compared to UITB (1.24%). In terms of maximum drawdown, UITB dropped -17.02% vs UEVM's -45.44%.
On 5-year performance, UEVM leads with 7.52% vs 0.58% for UITB. On fees, UITB is cheaper at 0.38% per year. On volatility, UITB has been the lower-risk option at 1.24%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, UEVM has performed better with a 7.52% return vs 0.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
UITB is cheaper with a 0.38% expense ratio, compared with 0.45% for UEVM.
UITB has the higher dividend yield at 4.17%, compared with 3.06% for UEVM.
UITB is categorized as Intermediate Core Bond, while UEVM is Momentum. Their fees differ too: 0.38% for UITB and 0.45% for UEVM.
UEVM currently has the higher Sharpe Ratio (1.58 vs 1.27), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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