UIVM vs. UITB

Last updated Jun 4, 2026

UIVM (VictoryShares International Value Momentum ETF) and UITB (VictoryShares Core Intermediate Bond ETF) are both exchange-traded funds - UIVM is a Momentum fund tracking the Nasdaq Victory International Value Momentum Index, while UITB is a Intermediate Core Bond fund actively managed by Victory Capital. UIVM is passively managed, while UITB is actively managed. Over the past 5 years, UIVM returned 11.85%/yr vs 0.56%/yr for UITB. At a 0.13 correlation, their price movements are largely independent. UIVM charges 0.35%/yr vs 0.38%/yr for UITB.

Performance

UIVM vs. UITB - Performance Comparison

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

Returns By Period

In the year-to-date period, UIVM achieves a 14.89% return, which is significantly higher than UITB's 0.17% return.

UIVM

• 1D: -0.94%
• 1M: 4.60%
• YTD: 14.89%
• 6M: 18.61%
• 1Y: 34.29%
• 3Y*: 24.74%
• 5Y*: 11.85%
• 10Y*: —

UITB

• 1D: -0.19%
• 1M: 0.24%
• YTD: 0.17%
• 6M: 0.03%
• 1Y: 5.06%
• 3Y*: 4.33%
• 5Y*: 0.56%
• 10Y*: —

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

UIVM vs. UITB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UIVM VictoryShares International Value Momentum ETF	14.89%	45.47%	5.23%	16.79%	-13.31%	11.85%	0.76%	15.29%	-17.41%	2.56%
UITB VictoryShares Core Intermediate Bond ETF	0.17%	7.32%	1.81%	6.49%	-12.23%	-0.88%	7.99%	11.40%	-1.31%	0.99%

Correlation

The correlation between UIVM and UITB is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.22
Correlation (All Time) Calculated using the full available price history since Oct 27, 2017	0.13

Over the past year, UIVM and UITB have become more correlated (0.42) than their long-term average of 0.13, meaning their price movements have been converging.

Return for Risk

UIVM vs. UITB — Risk / Return Rank

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

UIVM

UIVM Risk / Return Rank: 68
UIVM Sharpe Ratio Rank: 71
UIVM Sortino Ratio Rank: 71
UIVM Omega Ratio Rank: 71
UIVM Calmar Ratio Rank: 63
UIVM Martin Ratio Rank: 63

UITB

UITB Risk / Return Rank: 38
UITB Sharpe Ratio Rank: 39
UITB Sortino Ratio Rank: 41
UITB Omega Ratio Rank: 38
UITB Calmar Ratio Rank: 37
UITB Martin Ratio Rank: 36

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.

UIVM vs. UITB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VictoryShares International Value Momentum ETF (UIVM) and VictoryShares Core Intermediate Bond ETF (UITB). 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.

	UIVM	UITB	Difference
Sharpe ratio Return per unit of total volatility	2.37	1.39	+0.98
Sortino ratio Return per unit of downside risk	3.25	2.08	+1.17
Omega ratio Gain probability vs. loss probability	1.43	1.25	+0.19
Calmar ratio Return relative to maximum drawdown	3.13	1.81	+1.31
Martin ratio Return relative to average drawdown	11.47	5.57	+5.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UIVM vs. UITB - Sharpe Ratio Comparison

The current UIVM Sharpe Ratio is 2.37, which is higher than the UITB Sharpe Ratio of 1.39. The chart below compares the historical Sharpe Ratios of UIVM and UITB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	UIVM	UITB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.37	1.39	+0.98
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.77	0.10	+0.67
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.46	+0.01

Drawdowns

UIVM vs. UITB - Drawdown Comparison

The maximum UIVM drawdown since its inception was -42.73%, which is greater than UITB's maximum drawdown of -17.02%. Use the drawdown chart below to compare losses from any high point for UIVM and UITB.

Drawdown Indicators

	UIVM	UITB	Difference
Max Drawdown Largest peak-to-trough decline	-42.73%	-17.02%	-25.71%
Max Drawdown (1Y) Largest decline over 1 year	-11.02%	-2.80%	-8.22%
Max Drawdown (3Y) Largest decline over 3 years	-11.69%	-5.44%	-6.25%
Max Drawdown (5Y) Largest decline over 5 years	-28.27%	-17.02%	-11.25%
Current Drawdown Current decline from peak	-0.94%	-1.61%	+0.67%
Average Drawdown Average peak-to-trough decline	-9.71%	-4.35%	-5.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.00%	0.91%	+2.09%

Volatility

UIVM vs. UITB - Volatility Comparison

VictoryShares International Value Momentum ETF (UIVM) has a higher volatility of 5.17% compared to VictoryShares Core Intermediate Bond ETF (UITB) at 1.24%. This indicates that UIVM's price experiences larger fluctuations and is considered to be riskier than UITB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UIVM	UITB	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.17%	1.24%	+3.93%
Volatility (6M) Calculated over the trailing 6-month period	12.46%	2.58%	+9.88%
Volatility (1Y) Calculated over the trailing 1-year period	14.56%	3.66%	+10.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.45%	5.64%	+9.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.21%	4.98%	+12.23%

UIVM vs. UITB - Expense Ratio Comparison

UIVM has a 0.35% expense ratio, which is lower than UITB's 0.38% expense ratio.

Dividends

UIVM vs. UITB - Dividend Comparison

UIVM's dividend yield for the trailing twelve months is around 3.22%, less than UITB's 4.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
UIVM VictoryShares International Value Momentum ETF	3.22%	3.70%	5.09%	4.35%	3.03%	3.48%	1.63%	3.49%	2.78%	0.15%

Frequently Asked Questions

Can I hold both UIVM and UITB in my portfolio?

UIVM and UITB have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UIVM or UITB?

UIVM has higher volatility (5.17%) compared to UITB (1.24%). In terms of maximum drawdown, UIVM dropped -42.73% vs UITB's -17.02%.

Which ETF is better, UIVM or UITB?

On 5-year performance, UIVM leads with 11.85% vs 0.56% for UITB. On fees, UIVM is cheaper at 0.35% 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.

Which ETF has performed better, UIVM or UITB?

Over the 5-year period, UIVM has performed better with a 11.85% return vs 0.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, UIVM or UITB?

UIVM is cheaper with a 0.35% expense ratio, compared with 0.38% for UITB.

Which ETF pays a higher dividend yield, UIVM or UITB?

UITB has the higher dividend yield at 4.17%, compared with 3.22% for UIVM.

What is the main difference between UIVM and UITB?

UIVM is categorized as Momentum, while UITB is Intermediate Core Bond. Their fees differ too: 0.35% for UIVM and 0.38% for UITB.

Which has better risk-adjusted returns?

UIVM currently has the higher Sharpe Ratio (2.37 vs 1.39), 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.