ETF Evaluator:
VictoryShares WestEnd Global Equity ETF ()
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(as of Aug 26)
Best Performing in Global Large-Stock Blend Over the Last Year
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ETF Details
VictoryShares WestEnd Global Equity ETF Overview
VictoryShares WestEnd Global Equity ETF (GLOW) is an actively managed International Equity Global Large-Stock Blend exchange-traded fund (ETF). Victory Capital Management Inc. launched the ETF in 2024.
The investment seeks to provide long-term capital appreciation.
The fund, under normal circumstances, has a policy to invest at least 80% of its assets in the shares of exchange-traded funds (“ETFs”) that invest in equity securities. Under normal circumstances, the fund will invest at least 40% of its net assets in ETFs that invest primarily in securities of issuers outside of the United States.
About VictoryShares WestEnd Global Equity ETF (GLOW)
There are 4 members of the management team with an average tenure of 2.11 years: Edmund Durden (2024), Frederick Porter (2024), Marion (Ty) Peebles (2024) and Jacob Buchanan (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.
VictoryShares WestEnd Global Equity ETF has 14 securities in its portfolio. The top 10 holdings constitute 88.1% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
VictoryShares WestEnd Global Equity ETF is part of the Equity global asset class and is within the International Equity ETF group. VictoryShares WestEnd Global Equity ETF has 30.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 69.3% There is 30.3% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). VictoryShares WestEnd Global Equity ETF has 0.4% of the portfolio in cash.
Assets Under Management
The fund has $63 million in total assets, which is below the $2 billion average for the Global Large-Stock Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
GLOW Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The VictoryShares WestEnd Global Equity ETF expense ratio is above average compared to funds in the Global Large-Stock Blend category. VictoryShares WestEnd Global Equity ETF has an expense ratio of 0.72%, which is 46% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. VictoryShares WestEnd Global Equity ETF has a portfolio turnover rate of 37%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 50% for the Global Large-Stock Blend category.
Recently, in the month of July 2026, VictoryShares WestEnd Global Equity ETF returned -1.0%, which earned it a grade of D, as the Global Large-Stock Blend category had an average return of 0.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
VictoryShares WestEnd Global Equity ETF has a trailing yield of 1.24%, which is below the 1.66% category average.
The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
VictoryShares WestEnd Global Equity ETF Grades
Year to date, the ETF has returned 11.3%, 2.1 percentage points better than the category, which translates into a grade of C. The fund has returned 22.2% over the past year (grade of B).
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GLOW Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| GLOW Return (NAV) | -1.0% | 5.0% | 22.2% | na | na | na |
| GLOW Return (Price) | -1.0% | 5.0% | 22.3% | na | na | na |
| NAV +/- Price Return | 0.025% | 0.021% | -0.113% | na | na | na |
| Global Large-Stock Blend Avg | 0.0% | 3.1% | 19.1% | 15.1% | 8.5% | 11.5% |
| GLOW Grade (NAV) | D | B | B | na | na | na |
| +/- Category (NAV) | -1.0% | 2.0% | 3.1% | na | na | na |
| GLOW Tax-Cost Ratio | na | na | 0.4% | na | na | na |
GLOW Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| GLOW Return (NAV) | 11.3% | 21.2% | na | na | na | na | na | na | na | na | na |
| GLOW Return (Price) | 11.3% | 21.3% | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.001% | 0.006% | na | na | na | na | na | na | na | na | na |
| Global Large-Stock Blend Avg | 9.2% | 20.4% | 13.8% | 18.7% | -17.7% | 17.3% | 18.3% | 26.8% | -9.1% | 23.4% | 8.1% |
| GLOW Grade (NAV) | C | B | na | na | na | na | na | na | na | na | na |
| +/- Category | 2.1% | 0.8% | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 1.2% |
| Total Assets: | $ 63 Mil |
| Share Class Assets: | $ 63 Mil |
| Turnover: | 37.0% |
| Expense Ratio: | 0.72% |
| Index Fund: | No |
| Index Tracked: | N/A |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 2.1 years | |||
| Average Tenure: 2.1 years | |||
| Managers (Year): Durden Edmund (2024), Porter Frederick (2024), Peebles Marion (Ty) (2024), Buchanan Jacob (2024) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 14 |
| % in Top 10 Holdings: | 88.1% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 30.3% |
Portfolio Allocation |
|
| Domestic Stock: | 69.3% |
| Foreign Stock: | 30.3% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.1% |
| Cash: | 0.4% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Victory Capital Management Inc. |
| Phone Number: | 866-376-7890 |
| Website: | www.CompassEMPFunds.com |
| Inception Date: | June 20, 2024 |
Expenses and Fees
| Expense Ratio (%): | 0.72% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.49% |
