USVM ETF — VictoryShares US Small Cap Volatility Wtd ETF

VictoryShares US Small Cap Volatility Wtd ETF (USVM)

USVM is an ETF that tracks the Nasdaq Victory US Small Cap 500 Volatility Weighted Index. its distribution rate is 2.15%, its trailing-12-month yield is 1.88%, its expense ratio is 0.29%. Dividend Vision Distribution Safety Score™ is 81/100 (Safe). Total return is 142.1% over the past 8.9 years, 105.2 points behind SPY at 247.3%.

At the current 2.15% distribution rate, a $10,000 investment would generate approximately $215 per year, or $17.92 per month.

VictoryShares US Small Cap Volatility Wtd ETF is an ETF that tracks the Nasdaq Victory US Small Cap 500 Volatility Weighted Index, selecting profitable U.S. small-cap companies and weighting them inversely to their volatility to emphasize value and momentum exposure while reducing turnover and realized volatility compared to traditional capitalization-weighted indexes. The fund has a modest current distribution rate with monthly distributions and carries an expense ratio of 0.29%. It appeals to income-focused investors seeking exposure to small-cap equities with a focus on reducing volatility through the fund's weighting methodology.

USVM performance versus SPY

Price and return data through 2026-09-21.

Total return is 142.1% over the past 8.9 years, 105.2 points behind SPY at 247.3%. Over the past year its total return — price change plus distributions reinvested — is 19.0%. Its deepest 1-year drawdown was 8.4%.

USVM key facts

Distribution Safety Score™

81 · Safe

Safety-Adjusted Yield

1.74%

Issuer

VictoryShares

Asset type

ETF

Asset class

Equity

Inception date

04/10/2017

Expense ratio

0.29%

Distribution rate

2.15%

Distribution frequency

Monthly

Trailing yield

1.88%

Last close

$105.19 (as of 2026-09-21)

NAV

$105.26

Premium / discount

0.07% discount

AUM

$2,031,595,383

Average volume

45266.0

Last dividend

$0.1882

Last ex-dividend date

09/09/2026

Last payment date

09/10/2026

Beta

0.98

P/E ratio

13.0032

How Dividend Vision calculates yield and returns

Distribution rate (2.15%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (1.88%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: VictoryShares or company page; Index: Nasdaq Victory US Small Cap 500 Volatility Weighted Index; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

USVM risks and drawbacks

USVM's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 8.4%.

Who may consider USVM — and who may not

USVM may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

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