UIVM: VictoryShares International Value Momentum ETF
ETF Education Report: VictoryShares International Value Momentum ETF (UIVM)
What this ETF is trying to do
The VictoryShares International Value Momentum ETF (UIVM) is an exchange-traded fund listed on the NASDAQ. While the specific investment strategy is not detailed in the data, it holds a variety of international companies. Based on its top holdings, the fund includes companies like DBS Group Holdings Ltd, Royal Bank of Canada, and NN Group NV. Please note that the list of holdings provided is only a partial list of the 198 total companies in the fund, and holdings can change over time.
What the numbers show
When looking at an ETF, it is important to understand two different types of returns: price return and total return.
• Price Return: This measures only the change in the share price.
• Total Return: This includes both the share price change and any distributions (cash payments) received.
For UIVM, the numbers show growth in both areas:
• Year-to-Date (YTD): The price return is approximately 14.07%, while the total return is approximately 18.08%.
• One Year: The price return was approximately 20.10%, and the total return was approximately 25.26%.
• Three Year: The price return was approximately 75.48%, and the total return was approximately 100.82%.
To visualize the price change, we can look at an estimated price from roughly one year ago, which was $61.29. The current price is $73.61.
Income and distribution explanation
This ETF provides cash distributions to investors. The distribution yield is approximately 4.14%. This number describes the cash payments relative to the ETF's price. It is important to remember that a high yield does not mean an investor earned that same percentage as their total return.
UIVM typically pays distributions monthly, with 10 payouts recorded over the last 12 months.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). Some investors worry that frequent cash payments might cause the fund's value to shrink. However, for UIVM, the erosion-risk score is 100, and the label states "No price erosion detected." There is no severe erosion-risk flag for this ETF.
Pros
• Strong Total Returns: The fund has shown significant total returns over the one-year and three-year periods.
• Regular Income: The fund has a history of frequent distributions (usually monthly).
Cons
• Partial Data: The provided list of holdings is only a partial view of the full portfolio.
• Price vs. Total Return: Investors must remember that the share price alone does not show the full picture of what was earned; they must look at total return to see the impact of distributions.
Beginner takeaway
UIVM is an ETF that has shown both share-price growth and total returns over the last few years. It also provides regular cash distributions. When studying this or any ETF, always distinguish between the share price movement and the total return to get a complete picture of performance.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | DBS GROUP HOLDINGS LTD | n/a | 1.04% |
| 2 | ROYAL BANK OF CANADA | RY | 1.02% |
| 3 | NN GROUP NV | n/a | 0.98% |
| 4 | THE TORONTO-DOMINION BANK | n/a | 0.93% |
| 5 | GREAT-WEST LIFECO INC | n/a | 0.90% |
| 6 | INVESTOR AB CLASS B | n/a | 0.87% |
| 7 | SINGAPORE AIRLINES LTD | n/a | 0.87% |
| 8 | SWEDBANK AB CLASS A | n/a | 0.87% |
| 9 | BANK OF NOVA SCOTIA | n/a | 0.86% |
| 10 | KLEPIERRE | n/a | 0.85% |