Victory Capital has just announced the launch of a new actively managed ETF, the VictoryShares WestEnd US Sector ETF (MODL). MODL is available for trade on the Nasdaq looking to offer exposure to WestEnd’s preexisting US sector rotation strategy which usually involves four to six large cap US sector ETFs with a single ETFs weight capped at 35%.
Victory Capital Launches Active WestEnd ETF
ETF Newz Says:
MODL opens another vehicle to WestEnd’s strategy aiming for consistent results with low volatility.