The VictoryShares US Small Cap Volatility Wtd ETF provides investors with exposure to smaller American companies, designed to circumvent the common drawbacks of traditional market-capitalization weighting schemes. Its primary aim is to mirror the investment returns of the Nasdaq Victory US Small Cap 500 Volatility Weighted Index, prior to accounting for fees and expenses. This objective is realized through a distinct Volatility Weighting Methodology, which integrates both fundamental company criteria and volatility-based weighting in an effort to outperform conventional cap-weighted indexing strategies.

IDACORP, Inc.

Portland General Electric Company

New Jersey Resources Corporation

Black Hills Corporation

TXNM Energy, Inc.

Northwest Natural Holding Company

Chesapeake Utilities Corporation

Flowers Foods, Inc.

Northwestern Energy Group Inc

Federated Hermes, Inc.

Financial Services

Industrials

Consumer Cyclical

Technology

Utilities

Consumer Defensive

Healthcare

Basic Materials

Energy

Communication Services

VictoryShares US Small Cap Volatility Wtd ETF

CSA Holdings & Sector Breakdown

CSA Holdings & Sector Breakdown