About Victory Portfolios II - VictoryShares US 500 Enhanced Volatility Wtd ETF (CFO)

Victory Portfolios II - VictoryShares US 500 Enhanced Volatility Wtd ETF (CFO) is an exchange-traded fund that seeks to provide investors with exposure to U.S. large-cap stocks while employing an enhanced volatility-weighting methodology. This ETF is designed to capture the benefits of investing in low volatility stocks, which historically have provided attractive risk-adjusted returns. By weighting the portfolio based on each stock's volatility, CFO aims to provide investors with a unique approach to accessing the U.S. equity market.

CFO tracks the performance of the CEMP US Large Cap 500 Volatility Weighted Index. This index consists of 500 large-cap stocks selected from the S&P 500 Index and is reconstituted annually. The stocks in the index are weighted based on their daily standard deviation over the past 180 trading days, with the least volatile stocks receiving the highest weights. This methodology aims to create a portfolio that is less sensitive to market fluctuations.