Victoryshares Usaa Core Etf Profile
| USTB Etf | USD 49.42 0.04 0.08% |
Performance10 of 100
| Odds Of DistressLess than 9
|
VictoryShares USAA is trading at 49.42 as of the 16th of April 2024, a -0.08% down since the beginning of the trading day. The etf's open price was 49.46. VictoryShares USAA has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for VictoryShares USAA Core are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 16th of February 2024 and ending today, the 16th of April 2024. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of its assets in debt securities and in derivatives and other instruments that have economic characteristics similar to such securities. Usaa Core is traded on NASDAQ Exchange in the United States. More on VictoryShares USAA Core
Moving together with VictoryShares Etf
| 0.7 | IGSB | iShares 1 5 | PairCorr |
| 0.91 | SPSB | SPDR Barclays Short Sell-off Trend | PairCorr |
| 0.83 | SLQD | iShares 0 5 | PairCorr |
| 0.89 | LDUR | PIMCO Enhanced Low | PairCorr |
Moving against VictoryShares Etf
| 0.92 | WTID | UBS ETRACS | PairCorr |
VictoryShares Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. VictoryShares USAA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding VictoryShares USAA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Broad Debt ETFs, Short-Term Bond, Victory Capital (View all Sectors) |
| Issuer | VictoryShares |
| Inception Date | 2017-10-24 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 589.56 Million |
| Average Trading Valume | 59,274.7 |
| Asset Type | Fixed Income |
| Category | Broad Debt |
| Focus | Strategy |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Victory Capital Management Inc. |
| Advisor | Victory Capital Management Inc. |
| Custodian | Citibank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Julianne Bass, Kurt Daum, Brian Smith, John Spear, James Jackson, R. Neal Graves, Douglas Rollwitz |
| Transfer Agent | Citibank, N.A. |
| Fiscal Year End | 30-Jun |
| Exchange | NASDAQ |
| Number of Constituents | 551 |
| Market Maker | Jane Street |
| Total Expense | 0.36 |
| Management Fee | 0.25 |
| Country Name | USA |
| Returns Y T D | 1.2 |
| Name | VictoryShares USAA Core Short-Term Bond ETF |
| Currency Code | USD |
| Open Figi | BBG00HZ6R8J3 |
| In Threey Volatility | 2.37 |
| 1y Volatility | 2.08 |
| 200 Day M A | 49.2165 |
| 50 Day M A | 49.6734 |
| Code | USTB |
| Updated At | 16th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.44) |
VictoryShares USAA Core [USTB] is traded in USA and was established 2017-10-24. The fund is listed under Short-Term Bond category and is part of Victory Capital family. The entity is thematically classified as Strategy ETFs. VictoryShares USAA Core at this time have 345.89 M in net assets. , while the total return for the last 3 years was 1.8%.
Check VictoryShares USAA Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on VictoryShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding VictoryShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as VictoryShares USAA Core Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top VictoryShares USAA Core Etf Constituents
| Toll Brothers Finance Corp. 5.88% | 0.8% |
| Banco Santander Mexico SA 5.375% | 0.84% |
| Telefonaktiebolaget LM Ericsson 4.12% | 0.75% |
| Ashtead Capital Inc. 4.375% | 0.91% |
| Freeport-McMoRan Inc. 5% | 0.84% |
| Berry Global Inc 4.875% | 0.85% |
| Hess Midstream Operations LP 5.625% | 0.82% |
| Viatris 8/27/21 | 0.99% |
| Genpact Intl Llc | 0.82% |
| First American Financial Corporation 4.3% | 0.8% |
VictoryShares USAA Target Price Odds Analysis
What are VictoryShares USAA's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of VictoryShares USAA jumping above the current price in 90 days from now is about 22.31%. The VictoryShares USAA Core probability density function shows the probability of VictoryShares USAA etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days VictoryShares USAA has a beta of 0.0676. This usually implies as returns on the market go up, VictoryShares USAA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding VictoryShares USAA Core will be expected to be much smaller as well. Additionally, victoryShares USAA Core has an alpha of 0.0056, implying that it can generate a 0.005643 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of VictoryShares USAA to move above the current price in 90 days from now is about 22.31 (This VictoryShares USAA Core probability density function shows the probability of VictoryShares Etf to fall within a particular range of prices over 90 days) .
VictoryShares USAA Top Holders
| URINX | Target Retirement Income | Mutual Fund | Target-Date Retirement |
| USCCX | Cornerstone Servative Fund | Mutual Fund | Allocation--15% to 30% Equity |
| USCRX | Cornerstone Moderately Aggressive | Mutual Fund | Allocation--50% to 70% Equity |
VictoryShares USAA Core Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. VictoryShares USAA market risk premium is the additional return an investor will receive from holding VictoryShares USAA long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in VictoryShares USAA. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although VictoryShares USAA's alpha and beta are two of the key measurements used to evaluate VictoryShares USAA's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0567 | |||
| Jensen Alpha | 0.0056 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.29) |
VictoryShares USAA Against Markets
Picking the right benchmark for VictoryShares USAA etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in VictoryShares USAA etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for VictoryShares USAA is critical whether you are bullish or bearish towards VictoryShares USAA Core at a given time. Please also check how VictoryShares USAA's historical prices are related to one of the top price index indicators.
Be your own money manager
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How to buy VictoryShares Etf?
Before investing in VictoryShares USAA, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in VictoryShares USAA. To buy VictoryShares USAA etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of VictoryShares USAA. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase VictoryShares USAA etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located VictoryShares USAA Core etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased VictoryShares USAA Core etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as VictoryShares USAA Core, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy VictoryShares Etf please use our How to Invest in VictoryShares USAA guide.
Already Invested in VictoryShares USAA Core?
The danger of trading VictoryShares USAA Core is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of VictoryShares USAA is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than VictoryShares USAA. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile VictoryShares USAA Core is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether VictoryShares USAA Core offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VictoryShares USAA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Victoryshares Usaa Core Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Victoryshares Usaa Core Etf: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VictoryShares USAA Core. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of VictoryShares USAA Core is measured differently than its book value, which is the value of VictoryShares that is recorded on the company's balance sheet. Investors also form their own opinion of VictoryShares USAA's value that differs from its market value or its book value, called intrinsic value, which is VictoryShares USAA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VictoryShares USAA's market value can be influenced by many factors that don't directly affect VictoryShares USAA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VictoryShares USAA's value and its price as these two are different measures arrived at by different means. Investors typically determine if VictoryShares USAA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VictoryShares USAA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.