VictoryShares WestEnd U.S. Sector ETF
MODL
NASDAQ Global Market- -
USD
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Capital Structure
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in mil. unless spec.Working Capital
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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
- 15935 La Cantera Parkway San Antonio TX United States of America 78256
- IPO Date
- Oct 12, 2022
- Website
- vcm.com
- Similar Companies
- Business
- VictoryShares WestEnd U.S. Sector ETF (MODL) is an actively managed exchange-traded fund that seeks favorable risk-adjusted returns through tactical sector rotation and individual stock selection within U.S. equity sectors, based on macroeconomic and market environment analysis by WestEnd Advisors. The fund typically invests in stocks from four to six economic sectors at any given time, with no single sector exceeding 35% of net assets at purchase; it emphasizes large-cap stocks in favored sectors such as energy while avoiding underweighted areas like industrials, depending on prevailing conditions. Launched in 2022 and subadvised by WestEnd Advisors, a Victory Capital Investment Franchise founded in 2004 and headquartered in Charlotte, North Carolina, MODL operates under Victory Capital Management Inc., based in San Antonio, Texas. MODL provides investors with exposure to U.S. large-cap equities via active management, targeting institutional and financial advisor clients seeking alternatives to passive indexing; its portfolio is managed by a team led by Fritz Porter, CFA (CIO), alongside Ned Durden, CIS, Ty Peebles, CFA, and Jacob Buchanan, CFA, each with extensive experience at WestEnd. The fund focuses on U.S. domestic markets without international allocations, delivering tax-efficient sector-based strategies within the broader equity ETF segment. In recent developments, Victory Capital, MODL's sponsor, has aggressively expanded its VictoryShares ETF lineup, launching VictoryShares WestEnd Global Equity ETF (GLOW) and VictoryShares WestEnd Economic Cycle Bond ETF (BMDL) in June 2024 to extend WestEnd's macroeconomic-driven approach into global equities and dynamic fixed income. Further growth occurred in June 2025 with three new ETFs—VictoryShares Pioneer Asset-Based Income ETF (ABI), VictoryShares International Free Cash Flow ETF (IFLO), and VictoryShares International Free Cash Flow Growth ETF (GRIN)—elevating the platform's assets under management beyond $14 billion as of May 31, 2025; these launches incorporate Pioneer Investments' strategies and international free cash flow exposure, complementing MODL's U.S. sector focus. This expansion reflects Victory Capital's ongoing integration of acquired franchises like WestEnd (acquired in December 2021) to broaden ETF offerings for advisors.