VSMV Stock Summary and Trading Ideas (VictoryShares US Multi-Factor Minimum Volatility ETF | NASDAQ:VSMV)

The VictoryShares US Multi-Factor Minimum Volatility ETF offers exposure to large- and mid cap US stocks in a portfolio that seeks to minimize volatility and maximize risk-adjusted returns. The fund seeks to provide investment results that track the performance of the Nasdaq Victory US Multi-Factor Minimum Volatility Index before fees and expenses. The Index utilizes a rules-based approach designed to generate investment returns with less volatility than the broader U.S. market. The Index is maintained exclusively by Nasdaq Inc. (the Index Provider ). The Index Provider is not affiliated with the Fund or the Adviser. The companies eligible for inclusion in the Index are derived from its starting universe, the mid- and large-capitalization U.S. companies included in the Nasdaq US Large Mid Cap Index ( Parent Index ), an index maintained by the Index Provider. The Parent Index consists of those U.S. companies with market caps representing the top 90% of the U.S. investable universe.

VictoryShares US Multi-Factor Minimum Volatility ETF trades on the NASDAQ stock market under the symbol VSMV.

As of April 25, 2024, VSMV stock price declined to $43.36 with 1,608 million shares trading.

VSMV has a market cap of $132.26 million. This is considered a Micro Cap stock.

In the last 3 years, VSMV stock traded as high as $45.31 and as low as $34.52.

VSMV has underperformed the market in the last year with a return of +12.6%, while the SPY ETF gained +23.6%. In the last 3 month period, VSMV fell short of the market, returning +1.9%, while SPY returned +4.1%. However, in the most recent 2 weeks VSMV has outperformed the stock market by returning -1.3%, while SPY returned -2.1%.

VSMV support price is $43.23 and resistance is $43.84 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VSMV stock will trade within this expected range on the day.