ULVM: VICTORYSHARES US VALUE MOMENTUM ETF FORMERLY VICTORYSHARES USAA MSCI USA VALUE MOMENTUM ETF
What this ETF is trying to do
The VictoryShares US Value Momentum ETF (ticker: ULVM) is an exchange-traded fund that focuses on U.S. stocks. Based on its name and holdings, it looks for companies that fit a "value" style with "momentum." This means it seeks out stocks that might be considered undervalued but are also showing a trend of increasing prices.
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 change in share price *and* any cash distributions (dividends) paid out to investors.
For ULVM, the numbers show growth:
• Year-to-Date (YTD): The price return is approximately 15.02%, while the total return is higher at 16.50%.
• One Year: The price return was approximately 17.75%, and the total return was approximately 19.96%.
• Three Years: The price return was approximately 68.62%, and the total return was approximately 78.54%.
To give you an idea of how the price has moved, the estimated price from roughly one year ago was $89.26. The current price is $105.10.
Income and distribution explanation
Some investors look for ETFs that pay them cash regularly. This is called a distribution yield. ULVM has a distribution yield of approximately 1.76%. The fund usually pays these distributions monthly, having made 12 payments over the last year.
It is important to remember that a distribution yield tells you how much cash was paid out relative to the price, but it is not the same thing as your total return.
NAV erosion explanation
"NAV erosion" is a term used to describe when the value of the underlying assets in a fund decreases significantly over time. Some investors worry that high payouts might cause this. However, for ULVM, the erosion-risk score is 100, and the label states "No price erosion detected." There is no severe erosion-risk flag for this ETF.
Top Holdings
The following are the top holdings in this fund (note that this is a partial list):
• Berkshire Hathaway Inc Class B (1.61%)
• Johnson & Johnson (1.54%)
• Atmos Energy Corp (1.52%)
• Realty Income Corp (1.52%)
• Loews Corp (1.50%)
• Evergy Inc (1.49%)
• Ameren Corp (1.46%)
• Centerpoint Energy Inc (1.45%)
• Chubb Ltd (1.40%)
• Consolidated Edison Inc (1.39%)
Please keep in mind that holdings can change over time.
Pros
• The fund has shown positive price returns and total returns over the last year and three years.
• It provides regular monthly distributions.
Cons
• The distribution yield is relatively modest compared to some other types of income-focused funds.
Beginner takeaway
ULVM tracks a specific strategy of value and momentum in the U.S. market. It has grown in price over the last year, and when you include its monthly cash payments, the total return is even higher. There are currently no signs of price erosion detected by StockValueFinder's measurements.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | BERKSHIRE HATHAWAY INC CLASS B | BRK-B | 1.64% |
| 2 | EVERGY INC | EVRG | 1.44% |
| 3 | LOEWS CORP | L | 1.42% |
| 4 | CONSOLIDATED EDISON INC | ED | 1.38% |
| 5 | AFLAC INC | AFL | 1.36% |
| 6 | REALTY INCOME CORP | O | 1.31% |
| 7 | AMEREN CORP | AEE | 1.30% |
| 8 | CENTERPOINT ENERGY INC | CNP | 1.30% |
| 9 | W.P. CAREY INC | WPC | 1.28% |
| 10 | JOHNSON & JOHNSON | JNJ | 1.24% |