UITB vs. USVM

Last updated Apr 1, 2026

Compare and contrast key facts about VictoryShares Core Intermediate Bond ETF (UITB) and VictoryShares US Small Mid Cap Value Momentum ETF (USVM).

UITB and USVM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UITB is an actively managed fund by Victory Capital. It was launched on Oct 24, 2017. USVM is a passively managed fund by Victory Capital that tracks the performance of the Nasdaq Victory US Small Mid Cap Value Momentum Index. It was launched on Oct 24, 2017.

Performance

UITB vs. USVM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VictoryShares Core Intermediate Bond ETF (UITB) and VictoryShares US Small Mid Cap Value Momentum ETF (USVM). The values are adjusted to include any dividend payments, if applicable.

UITB vs. USVM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UITB VictoryShares Core Intermediate Bond ETF	0.03%	7.32%	1.81%	6.49%	-12.23%	-0.88%	7.99%	11.40%	-1.31%	0.99%
USVM VictoryShares US Small Mid Cap Value Momentum ETF	4.07%	10.56%	16.59%	18.90%	-13.23%	24.44%	11.56%	21.65%	-9.39%	2.21%

Returns By Period

In the year-to-date period, UITB achieves a 0.03% return, which is significantly lower than USVM's 4.07% return.

UITB

• 1D: 0.30%
• 1M: -1.76%
• YTD: 0.03%
• 6M: 0.98%
• 1Y: 4.34%
• 3Y*: 4.13%
• 5Y*: 0.74%
• 10Y*: —

USVM

• 1D: 2.36%
• 1M: -3.92%
• YTD: 4.07%
• 6M: 5.65%
• 1Y: 22.73%
• 3Y*: 16.19%
• 5Y*: 8.24%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

UITB vs. USVM - Expense Ratio Comparison

UITB has a 0.38% expense ratio, which is higher than USVM's 0.29% expense ratio.

UITB

VictoryShares Core Intermediate Bond ETF

USVM

VictoryShares US Small Mid Cap Value Momentum ETF

Return for Risk

UITB vs. USVM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UITB

UITB Risk / Return Rank: 59
UITB Sharpe Ratio Rank: 61
UITB Sortino Ratio Rank: 59
UITB Omega Ratio Rank: 49
UITB Calmar Ratio Rank: 70
UITB Martin Ratio Rank: 53

USVM

USVM Risk / Return Rank: 68
USVM Sharpe Ratio Rank: 66
USVM Sortino Ratio Rank: 68
USVM Omega Ratio Rank: 66
USVM Calmar Ratio Rank: 69
USVM Martin Ratio Rank: 74

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.

UITB vs. USVM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VictoryShares Core Intermediate Bond ETF (UITB) and VictoryShares US Small Mid Cap Value Momentum ETF (USVM). 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	USVM	Difference
Sharpe ratio Return per unit of total volatility	1.06	1.13	-0.07
Sortino ratio Return per unit of downside risk	1.53	1.69	-0.16
Omega ratio Gain probability vs. loss probability	1.19	1.24	-0.05
Calmar ratio Return relative to maximum drawdown	1.79	1.70	+0.09
Martin ratio Return relative to average drawdown	5.16	7.47	-2.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UITB vs. USVM - Sharpe Ratio Comparison

The current UITB Sharpe Ratio is 1.06, which is comparable to the USVM Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of UITB and USVM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	UITB	USVM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.06	1.13	-0.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.13	0.42	-0.29
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.44	+0.03

Correlation

The correlation between UITB and USVM is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

UITB vs. USVM - Dividend Comparison

UITB's dividend yield for the trailing twelve months is around 4.10%, more than USVM's 1.91% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
UITB VictoryShares Core Intermediate Bond ETF	4.10%	4.04%	3.89%	3.14%	2.32%	1.95%	2.79%	3.01%	2.99%	0.50%
USVM VictoryShares US Small Mid Cap Value Momentum ETF	1.91%	1.84%	1.75%	1.63%	1.43%	0.70%	1.21%	1.77%	1.43%	0.65%

Drawdowns

UITB vs. USVM - Drawdown Comparison

The maximum UITB drawdown since its inception was -17.02%, smaller than the maximum USVM drawdown of -42.38%. Use the drawdown chart below to compare losses from any high point for UITB and USVM.

Drawdown Indicators

	UITB	USVM	Difference
Max Drawdown Largest peak-to-trough decline	-17.02%	-42.38%	+25.36%
Max Drawdown (1Y) Largest decline over 1 year	-2.56%	-13.58%	+11.02%
Max Drawdown (5Y) Largest decline over 5 years	-17.02%	-25.27%	+8.25%
Current Drawdown Current decline from peak	-1.76%	-5.50%	+3.74%
Average Drawdown Average peak-to-trough decline	-4.40%	-8.04%	+3.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.89%	3.09%	-2.20%

Volatility

UITB vs. USVM - Volatility Comparison

The current volatility for VictoryShares Core Intermediate Bond ETF (UITB) is 1.55%, while VictoryShares US Small Mid Cap Value Momentum ETF (USVM) has a volatility of 5.75%. This indicates that UITB experiences smaller price fluctuations and is considered to be less risky than USVM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UITB	USVM	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.55%	5.75%	-4.20%
Volatility (6M) Calculated over the trailing 6-month period	2.44%	11.01%	-8.57%
Volatility (1Y) Calculated over the trailing 1-year period	4.11%	20.16%	-16.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.63%	19.75%	-14.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.00%	22.14%	-17.14%