VictoryShares USAA MSCI International Value Momentum ETF (UIVM) is an exchange-traded fund that seeks to track the performance of the MSCI World ex USA Select Value Momentum Quality Index before fees and expenses. The ETF provides exposure to international equities selected for value characteristics, positive momentum, and quality factors; it holds a diversified portfolio of large- and mid-cap stocks from developed markets outside the United States, excluding emerging markets. UIVM offers investors a rules-based investment strategy combining value investing with momentum screening to identify undervalued stocks exhibiting upward price trends and strong fundamentals such as profitability, low leverage, and stable earnings variability.
The fund's primary services include daily liquidity through exchange trading, systematic rebalancing aligned with the underlying index methodology, and tax-efficient structure as a passively managed ETF. It targets institutional and retail investors seeking international diversification beyond U.S. markets, with geographic operations spanning Europe, Asia-Pacific, and other developed regions including countries like Japan, the United Kingdom, Switzerland, and Australia. Launched in 2021 and domiciled in the United States under the management of VictoryShares, which is part of Ameriprise Financial, the ETF operates without notable subsidiaries or parent fund relationships specific to its structure.
In recent developments, UIVM has benefited from Victory Capital's ongoing enhancements to its ETF lineup, including expanded marketing efforts and integration into broader advisor platforms amid rising demand for factor-based international strategies as of late 2025. The fund has seen no major acquisitions, funding rounds, or name changes, but reflects strategic shifts in the ETF industry toward multi-factor approaches amid volatile global markets. Victory Capital continues to emphasize low-cost, high-conviction products like UIVM in response to investor preferences for momentum-enhanced value exposure.