CFA - VictoryShares US 500 Volatility Wtd ETF
The VictoryShares US 500 Volatility Wtd ETF offers exposure to large-cap US stocks, without subjecting investors to the inherent limitations of traditional market-cap weighting. It seeks to provide investment results that track the performance of the Nasdaq Victory US Large Cap 500 Volatility Weighted Index before fees and expenses. Volatility Weighting Methodology Combines fundamental criteria and volatility weighting in an effort to outperform traditional cap-weighted indexing strategies.
As of May 15, 2026: spot at $94.29, ATM IV 16.6%, net GEX $417.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $529.6M
- Beta
- 0.84
- 52-Week Range
- 83.98-96.91
- Dividend Yield
- $1.20
- IPO Date
- Jul 2, 2014
- Exchange
- NASDAQ
What CFA Looks Like to Options Traders Today
IV rank of 10.2% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($417) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.034) prices calls richer than puts, often reflecting upside speculation or squeeze risk.
What This Page Covers
The CFA overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked CFA overview questions
- What is CFA?
- CFA is the ticker symbol for VictoryShares US 500 Volatility Wtd ETF, an listed exchange-traded fund. The VictoryShares US 500 Volatility Wtd ETF offers exposure to large-cap US stocks, without subjecting investors to the inherent limitations of traditional market-cap weighting. It seeks to provide investment results that track the performance of the Nasdaq Victory US Large Cap 500 Volatility Weighted Index before fees and expenses. Listed on NASDAQ. CFA is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What does the CFA options snapshot look like today?
- As of May 15, 2026, the CFA options snapshot shows spot at $94.29, ATM IV 16.6%, IV rank 10.2%, net GEX $417, expected move 4.76%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are CFA's key statistics?
- VictoryShares US 500 Volatility Wtd ETF (CFA) carries a market capitalization of $529.6M, 52-week range of 83.98-96.91. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does CFA belong to?
- VictoryShares US 500 Volatility Wtd ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare CFA's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the CFA data on this page?
- The options snapshot above is dated May 15, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.