VictoryShares US 500 Enhanced Volatility Wtd ETF (CFO)

The VictoryShares US 500 Enhanced Volatility Wtd ETF aims to mirror the investment performance of the Nasdaq Victory US Large Cap 500 Long/Cash Volatility Weighted Index (referred to as the Long/Cash Index), prior to any fees or expenses. This fund employs a distinctive volatility weighting approach, which integrates fundamental criteria to potentially outperform conventional market capitalization-weighted indexing strategies. The underlying Long/Cash Index strategically reduces its equity market exposure during periods of significant downturns, then re-enters the market once asset prices have either fallen further or recovered. The Long/Cash Index's valuation is derived from the month-end price of the Nasdaq Victory US Large Cap 500 Volatility Weighted Index, known as the "Reference Index." Its tactical exit and reinvestment decisions are driven…