VictoryShares Emerging Market High Div Volatility Wtd ETF (CEY) ETF

CEY - Profile & Info

The investment objective of the VictoryShares Emerging Market High Dividend Volatility Weighted ETF seeks to to reflect the performance of the CEMP Emerging Market High Dividend 100 Volatility Weighted Index. The rules-based index begins with stocks taken from the CEMP Emerging Market 500 Volatility Weighted Index, a volatility weighted index comprised of the 500 largest emerging market companies by market capitalization with positive earnings in each of the four most recent quarters, and picks out the 100 highest dividend yielding stocks in the CEMP Emerging Market 500 Volatility Weighted Index, which are then weighted based on their daily standard deviation or volatility of daily price changes over the last 180 trading days. Stocks with lower volatility receive a higher weighting and stocks with higher volatility receive a lower weighting.