VictoryShares WestEnd US Sector ETF

MODL

Market cap $630M

MODL dynamically adjusts its sector allocations based on its advisors' macroeconomic outlook. Despite its prior success, MODL has somewhat struggled since its launch two years ago. Underpinning the strategy is WestEnd Advisors' belief that sectors rarely remain in favor year after year. As a result, MODL's momentum features aren't as strong as some of its peers. One potential advantage is its current defensive positioning, evidenced by a relatively low five-year beta and high allocation to stocks in the Health Care sector.

On this episode of the “ETF of the Week” podcast, VettaFi's Head of Research Todd Rosenbluth discussed the VictoryShares WestEnd US Sector ETF (MODL) with Chuck Jaffe of “Money Life.” The pair talked about several topics regarding the fund to give investors a deeper understanding of the ETF overall.

VettaFi's Head of Research Todd Rosenbluth discussed the VictoryShares WestEnd US Sector ETF (MODL) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” For more news, information, and analysis, visit VettaFi | ETF Trends.

With the end of the free money era, fundamentals and management quality matter more now than they did in the 2010s, underscoring the role of active ETFs. Active ETFs are gathering market share in 2024 as investors recognize the need for quality management in the more challenging current market environment.