ATLASVictoryShares US 500 Volatility Wtd ETF (CFA): outlook, holdings and fees
VictoryShares US 500 Volatility Wtd ETF (CFA) is an exchange-traded fund and is managed by Victory Capital Management Inc.. The expense ratio is 0.35% and the yield is 1.32%. The ten largest holdings are 4% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on CFA
| Last price | $101.00 (-0.5%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 57% |
| Likely 1-month range (50%) | $99.50 – $103.60 |
| Normal 1-day range (±1σ) | ±0.7% |
| Distribution yield | 1.32% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
CFA fund facts
| Issuer | Victory Capital Management Inc. |
|---|---|
| Theme | Volatility |
| Assets under management | $520M |
| Expense ratio | 0.35% |
| Number of holdings | 49 |
| Portfolio turnover | 24% |
| Inception | Jul 1, 2014 |
| Exchange | NASDAQ |
The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets directly or indirectly in the securities included in the Nasdaq Victory U.S. Large Cap 500 Volatility Weighted Index, an unmanaged, volatility weighted index maintained exclusively by the index provider. The index identifies the 500 largest U.S. stocks by market capitalization measured at the time the index's constituent securities are determined.
CFA top holdings
| Holding | Sector | Weight |
|---|---|---|
| Berkshire Hathaway Inc BRK-B | Financial Services | 0.46% |
| Atmos Energy Corporation ATO | Utilities | 0.40% |
| WEC Energy Group Inc WEC | Utilities | 0.40% |
| Evergy, Inc. EVRG | Utilities | 0.38% |
| FirstEnergy Corporation FE | Utilities | 0.40% |
| Duke Energy Corporation DUK | Utilities | 0.39% |
| Loews Corp L | Financial Services | 0.37% |
| Consolidated Edison Inc ED | Utilities | 0.38% |
| Alliant Energy Corp LNT | Utilities | 0.38% |
| Aflac Incorporated AFL | Financial Services | 0.35% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
CFA sector breakdown
| Sector | Weight |
|---|---|
| Financial Services | 19.3% |
| Industrials | 16.8% |
| Technology | 14.3% |
| Healthcare | 11.7% |
| Consumer Cyclicals | 9.7% |
| Utilities | 8.8% |
| Consumer Defensive | 6.7% |
| Energy | 5.6% |
| Basic Materials | 3.7% |
| Communication Services | 3.1% |
| Real Estate | 0.3% |
By region: North America 99.0%, Europe Developed 0.6%, Asia Emerging 0.2%, United Kingdom 0.2%.
CFA returns and risk
| Year to date | +9.2% |
|---|---|
| 1 year | +12.3% |
| 3 years (annualised) | +15.1% |
| 5 years (annualised) | +8.1% |
| 10 years (annualised) | +11.4% |
| Volatility (3 years) | 12.6% |
| Sharpe ratio (3 years) | 0.72 |
Past returns do not guarantee future results.
CFA: frequently asked questions
What does CFA invest in?
VictoryShares US 500 Volatility Wtd ETF invests in a portfolio of securities. Its largest holdings are Berkshire Hathaway Inc (0.5%), Atmos Energy Corporation (0.4%), WEC Energy Group Inc (0.4%), Evergy, Inc. (0.4%), FirstEnergy Corporation (0.4%).
What is the CFA expense ratio?
0.35% a year: about $35.00 for every $10,000 invested.
What is the CFA dividend yield?
1.32%. ATLAS does not hold the exact distribution dates for ETFs.
Will CFA go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 57%, with a likely range (50%) of $99.50 to $103.60 from $101.00 today. It is a probability, not a prediction.
How has CFA performed?
Year to date +9.2%, one year +12.3%, three years +15.1% a year, five years +8.1% a year. Past returns do not guarantee future results.
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Educational information, not investment advice. Disclaimer