VictoryShares Developed Enhanced Volatility Wtd ETF
CIZ
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- DE United States of America
- IPO Date
- Oct 1, 2014
- CIK
- 0001547580
- Similar Companies
- Business
- VictoryShares Developed Enhanced Volatility Wtd ETF (CIZ) is an exchange-traded fund that seeks to track the performance of the Nasdaq Victory International 500 Long/Cash Volatility Weighted Index before fees and expenses. The fund employs a volatility weighting methodology that combines fundamental criteria, such as positive earnings screens for approximately 500 large-cap developed market stocks excluding the U.S., with inverse volatility weighting to emphasize lower-volatility securities; it tactically shifts up to 75% of its portfolio to cash equivalents during significant market declines based on the reference index's performance relative to its all-time high, reinvesting upon further declines or rebounds. Issued and managed by Victory Capital Management Inc., a subsidiary of Victory Capital Holdings, Inc. (NASDAQ: VCTR), CIZ offers investors exposure to international developed equity markets with a focus on risk-adjusted returns, featuring a net expense ratio of 0.51% and a dividend yield around 3.53%; it trades on NASDAQ and holds assets under management of approximately $24 million. Victory Capital, headquartered in San Antonio, Texas, launched the VictoryShares ETF suite, including CIZ, in 2017 following the rebranding of its Compass EMP ETF business; the firm traces its roots to over 100 years of asset management history and manages $317.7 billion in client assets across traditional and alternative strategies for institutional, intermediary, and individual investors globally. The ETF targets investors seeking enhanced volatility-weighted international equity performance, primarily through holdings like treasury obligations funds during cash phases and select developed market stocks such as Constellation Software Inc. during equity allocations. In a major strategic development, Victory Capital closed a transformative partnership with Amundi in April 2025, encompassing 15-year reciprocal global distribution agreements and the acquisition of Amundi US, which expanded Victory's scale, investment capabilities, U.S. intermediary presence, and international reach while reintroducing the Pioneer Investments brand as its 12th franchise. The firm also grew its ETF platform in 2024 with four new active strategies, including VictoryShares WestEnd Global Equity ETF (GLOW) and VictoryShares WestEnd Economic Cycle Bond ETF (BMDL), aligning with rising demand for solutions-oriented products. These expansions build on Victory Capital's 2018 IPO, 2019 USAA Asset Management acquisition, and headquarters relocation from Cleveland, Ohio, to San Antonio, enhancing distribution and operational efficiency.