CSB: VICTORYSHARES US SMALL CAP HIGH DIV VOLATILITY WTD ETF
What this ETF is trying to do
The VICTORYSHARES US SMALL CAP HIGH DIV VOLATILITY WTD ETF (Ticker: CSB) is an exchange-traded fund. Based on its name, it focuses on small companies in the United States that pay high dividends. It holds a total of 101 different investments.
What the numbers show
When looking at an ETF, it is important to separate the share price from the total return. The price return only shows how much the share price changed. The total return includes both the price change and any cash distributions paid out.
Here is what the data shows for CSB:
• Year-to-Date (YTD): The YTD price return is approximately 14.42%. The YTD total return is approximately 16.31%.
• One Year: The one-year price return is approximately 13.11%. The one-year total return is approximately 16.99%. An estimated price from roughly one year ago was $59.29.
• Three Years: The three-year price return is approximately 30.96%. The three-year total return is approximately 45.35%.
To understand the difference, imagine you had $10,000 invested in this ETF one year ago. Based on the one-year price return, your $10,000 would have grown to about $11,311 based on share price alone. However, because of the total return, that investment would have actually reached approximately $11,699 when including distributions.
Income and distribution explanation
This ETF provides cash distributions to investors. The distribution yield is approximately 3.09%. This number describes the cash paid out relative to the current share price. These distributions happen frequently; in the last year, there were 12 payouts, which usually occur monthly. Most of these payments have been made on Thursdays.
NAV erosion explanation
"NAV" stands for Net Asset Value, which is the actual value of the assets held by the fund. NAV erosion happens when the value of those underlying assets drops significantly.
For this ETF, the erosion-risk score is 100, and the label says "No price erosion detected." The erosion severity is listed as "good," and there is no severe erosion-risk flag. This means the data does not show signs of the fund's value being worn away by its own structure or price drops.
Top Holdings
The following are some of the top holdings in this portfolio (note that this list is a partial view of the total holdings):
• IDACORP INC (1.81%)
• NEW JERSEY RESOURCES CORP (1.78%)
• AMERICAN STATES WATER CO (1.70%)
• SOUTHWEST GAS HOLDINGS INC (1.59%)
• AVISTA CORP (1.54%)
• ONE GAS INC (1.52%)
• MGE ENERGY INC (1.49%)
• FIRST BANCORP (1.45%)
• BLACK HILLS CORP (1.44%)
• PORTLAND GENERAL ELECTRIC CO (1.44%)
Please remember that holdings can change over time.
Pros
• The ETF has shown positive total returns over the one-year and three-year periods.
• It provides regular monthly cash distributions.
Cons
• Small-cap stocks can sometimes be more volatile than larger companies.
Beginner takeaway
When looking at ETFs that pay dividends, remember that a high distribution yield is not the same as total return. It is important to look at both the share price movement and the total return to see how the investment is actually performing.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | IDACORP INC | IDA | 1.81% |
| 2 | NEW JERSEY RESOURCES CORP | NJR | 1.78% |
| 3 | AMERICAN STATES WATER CO | AWR | 1.70% |
| 4 | SOUTHWEST GAS HOLDINGS INC | SWX | 1.59% |
| 5 | AVISTA CORP | AVA | 1.54% |
| 6 | ONE GAS INC | OGS | 1.52% |
| 7 | MGE ENERGY INC | MGEE | 1.49% |
| 8 | FIRST BANCORP | FBP | 1.45% |
| 9 | BLACK HILLS CORP | BKH | 1.44% |
| 10 | PORTLAND GENERAL ELECTRIC CO | POR | 1.44% |