Nasdaq Dorsey Wright

Victory Weekly Feature

Published: November 3, 2020

This content is for informational purposes only. This should not be construed as solicitation. The general public should consult their financial advisor for additional information related to investment decisions.

Today we note trades in each of the VictoryShares Models

Beginning with the VictoryShares (VS) Equity Rotation Model, the strategy sold the VictoryShares Dividend Accelerator ETF VSDA because it fell out of the top two positions in the model’s relative strength matrix and purchased the VictoryShares US Small Cap Volatility Wtd ETF CSA as it was the next highest ranking fund not currently in the model. We observe a notable tailwind behind small cap equities, present in CSA as well given its acceptable fund score of 3.20 and strongly positive score direction of 2.70. The VS Equity Rotation Model maintains a heavily tilt toward domestic equities yet leans toward small cap value and small cap blend exposure. This marks the model’s fifth trade this year.

As for the VictoryShares Equity Select Model, we also note a change as the VictoryShares US EQ Income Enhanced Volatility Wtd ETF CDC.TR fell out of the number one ranked position in the matrix, causing it to lose its 40% overweight. As a result, the VictoryShares US 500 Enhanced Volatility Wtd ETF CFO now carries the 40% overweight, with the other two funds each carrying a weighting of 30%. Like the VS Equity Rotation Model, the VS Equity Select Model also maintains a heavy overweight to domestic equities but instead leans toward the large cap space. This is only the second month this year that ushered changes for this strategy.

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DISCLOSURE

Victory Capital has arranged with Dorsey, Wright & Associates (“DWA”) to provide this specialized Funds page on Company sponsored products. The Point & Figure analysis, models and resulting rankings, including any information, data or commentary included herein, are created and provided solely by DWA. Such analysis, models and rankings should not be considered an offer to purchase or sell, or a solicitation of an offer to buy or purchase any security. Unless otherwise stated, the examples presented do not take into consideration dividends, commissions, tax implications, or all potential transactions costs. Neither DWA, nor Victory Capital themselves through this Fund page provide investment advice or recommendations regarding any security, fund or market. As the investment professional making the final decision with respect to allocations, including any related suitability, fiduciary or other legal obligation, please remember to adhere to all applicable laws, regulations, and rules including FINRA Rules 2090 and 2111 (Suitability), or other such similar rules and regulations. The percentage of the portfolio devoted to any Fund is at the sole discretion of the financial advisor or the customer, and not DWA or Company. If you are not familiar with the Point & Figure methodology, we suggest you read “Point & Figure Charting, Fourth Edition” by Thomas J. Dorsey and visit the PnF University. If you are not familiar with the Victory Capital products, we suggest you call 1-800-991-8191 or visit www.vcm.com. You should consider each Victory Capital product’s investment objectives, risks, and charges and expenses carefully before investing. Contact Victory Capital to obtain a prospectus, which contains this and other information about the Victory Capital products. Read it carefully before you invest.