VictoryShares Short-Duration Municipal ETFVMSD

$25.45

+0.2% last session

[…] YTD

Data as of 11/4/20264:00 PM ET · End-of-day

1D 1M3MYTD1Y3Y5YMAX

Dividend-adjusted return from the previous close · S&P 500 uses VOOVMSDS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+0.2%	+1.6%	—	—	—	—	—	+1.8%
Peer average	+0.3%	+3.3%	−0.5%	+0.6%	+1.0%	+15.1%	+2.7%	—
S&P 500 · VOO	+1.6%	−1.6%	0.0%	+13.4%	+13.5%	+91.7%	+81.2%	—

Key Statistics

Open all fund facts →

AUM: $24M
Expense ratio: 0.62%
Distribution yield: 0.0%
NAV: $25.39
Volume: 7
Avg. volume 30D: 3K
High today: $25.45
Low today: $25.45
Previous close: $25.39
52-week high: $25.45
52-week low: $24.89
Our risk indicator: 2/5

VMSD in One Breath

VMSD Among Municipal ETFs

YTD

#1MMMANY Life Investments+2.6%$59.3M

#2OVMOverlay Shares+2.4%$44.9M

#3MYMGSPDR+2.2%$8.6M

#4TAXTFlexShares+2.1%$196M

#5SMMUPIMCO+2.1%$1.3B

#6FTMSFranklin Templeton+2.0%$265M

#7MYMFSPDR+1.9%$8.7M

#8IBMOiShares+1.9%$499M

#9CGSMCapital Group+1.9%$1.7B

End-of-day Nov 5, 2026 · 141 Municipal ETFs by YTD

$10,000 in VMSD

$10,000 in VMSD became

$10,176

In the S&P 500 (VOO)

$9,986

Total return, dividends in · Sep 23, 2026 – Nov 4, 2026 · S&P 500 uses VOO

VMSD’s Top Holdings

Today

LAS VARAS VRN Las Varas Vrn 11/01/444.6%CHICAGO-C 5.4.5%NEW YORK 5% 4.4%CHICAGO-C 5.4.4%SAN FRANC 5.4.4%NC HSG 4.554.3%ILLINOIS 5.%4.3%MN MUNI G 5.4.2%MO ST HLT 5.4.2%CA CMNTY VR4.2%OK HSG FI VR4.2%POUGHKEEP 5.4.2%ENERGY 5% 04.2%MANATEE C VR4.2%APPLING C VR4.2%CO HLTH F VR4.2%PORT PORT VR4.2%OHIO ST A VR4.2%FRANKLIN VRN4.2%BLACK BEL VR4.1%MEMPHIS H VR3.1%WEST VI 5.5%2.1%Other

LAS VARAS VR4.6%CHICAGO-C 5.4.5%NEW YORK 5% 4.4%CHICAGO-C 5.4.4%SAN FRANC 5.4.4%NC HSG 4.554.3%ILLINOIS 5.%4.3%MN MUNI G 5.4.2%MO ST HLT 5.4.2%CA CMNTY VR4.2%OK HSG FI VR4.2%POUGHKEEP 5.4.2%Other

VictoryShares VMSD · 0 holdings · tile size = share of the fund · as of Nov 4, 2026

What VMSD Holds

Today

All holdings100.0%

LAS VARAS 4.6 · CHICAGO-C 4.5 · NEW YORK 5 4.4 · CHICAGO-C 4.4 · SAN FRANC 4.4 · NC HSG 4. 4.3 · ILLINOIS 5 4.3

VictoryShares VMSD · share of the fund · as of Nov 4, 2026

Las’ Share of VMSD

Today

4.6%

$46 of every $1,000 in VMSD is Las

Las held by VMSD

$1.1M

VictoryShares VMSD · each square = $10 of $1,000 · as of Nov 4, 2026

VMSD’s Share of Municipal ETFs

Today

0.0%

of the $244B in 166 Municipal ETFs

VMSD$24.1M0.0%

MUB$54.5B22.3%

VTEB$49.6B20.3%

163 others$140B57.3%

Municipal ETF AUM · Nov 5, 2026

VMSD Fee per $100 vs Peers

Today

$0.62a year
per $100

$62 a year on $10,000

VTEB$0.03

MUB$0.05

SUB$0.07

JMUB$0.18

CGMU$0.27

VMSD$0.62

Expense ratio · Municipal peers · Nov 5, 2026

Inside VMSD

as of Nov 4, 2026

VMSD

VictoryShares Short-Duration Municipal ETF

Today

All holdings100.0%LAS Varas 4.6%Chicago-c 4.5%NEW York 54.4%Chicago-c 4.4%SAN Franc 4.4%NC HSG 4.54.3%Illinois 54.3%MN Muni G 4.2%MO ST HLT 4.2%CA Cmnty V4.2%OK HSG FI 4.2%Poughkeep 4.2%Energy 5% 4.2%Manatee C 4.2%15 more holdings39.6% of the fund

All holdings100.0%LAS Varas 4.6%Chicago-c 4.5%NEW York 54.4%Chicago-c 4.4%SAN Franc 4.4%23 more holdings73.4% of the fund

#	Ticker	Company	Weight ▼
1	—	LAS Varas VRN 11/01/44	4.59%
2	—	Chicago-c 5.% 01/01/34	4.45%
3	—	NEW York 5% 07/01/31	4.41%
4	—	Chicago-c 5.% 01/01/33	4.40%
5	—	SAN Franc 5.% 05/01/30	4.39%
6	—	NC HSG 4.55% 01/01/33	4.33%
7	—	Illinois 5.% 10/01/28	4.30%
8	—	MN Muni G 5.% 09/01/35	4.24%
9	—	MO ST HLT 5.% 02/15/28	4.24%
10	—	CA Cmnty VRN 12/01/55	4.24%

VictoryShares VMSD · current holdings by weight · as of Nov 4, 2026 · each tile is one holding · top 20 = 85.3%

How It Compares

VMSD

VictoryShares Short-Duration Municipal ETF’s Peers

YTD

		Trend
MUB	iSharesRead Desk		0.05%	+0.1%	+0.7%	$54.5B
VTEB	VanguardRead Desk		0.03%	+0.2%	+0.7%	$49.6B
SUB	iSharesRead Desk		0.07%	+1.5%	+2.3%	$13.3B
JMUB	J.P. MorganRead Desk		0.18%	+0.3%	+0.8%	$9.0B
CGMU	Capital GroupRead Desk		0.27%	+0.8%	+1.4%	$7.5B
VMSD	VictorySharesThis fundRead Desk	New fund	0.62%	new	new	$24M

Municipal peers · YTD and past-year returns · as of Nov 5, 2026 · sorted by AUM

Head to Head

Put VMSD head to head with MUB →

MUB vs VMSD

YTD

MUBiShares · MunicipalVMSDVictoryShares · Municipal

Year to date

+0.1%

[…]

Level

Past year

+0.7%

[…]

Level

Fee

0.05%

0.62%

MUB winslower fee

Yield

3.3%

0.0%

MUB wins+3.3 pts

AUM

$54.5B

$24.1M

MUB2258.9× more

2–0MUB wins

iShares MUB and VictoryShares VMSD · year-to-date · as of Nov 5, 2026 · AUM not scored

VMSD vs Its Peer Average

YTD

VMSDAvsBPeer average

1D+0.2%+0.3%

1M+1.6%+3.3%

3M[…]−0.5%

YTD[…]+0.6%

1Y[…]+1.0%

3Y[…]+15.1%

5Y[…]+2.7%

0–2Peer average wins

165 Municipal peers · each row scaled to its leader

The Details

VMSD

Risk

2/5our risk indicator

CalmerBumpier

Volatility · 1Y[…]

Deepest drop · 1Y[…]

Lowest point · 5Y−0.1%

52-week range

$25.45

$24.89at the high$25.45

VictoryShares VMSD · past-year price moves · as of Nov 5, 2026

VMSD

Fund Facts

Today

2026launched Sep 22

Tracks[…]

Exchange · CUSIPNASDAQ · 92647N360

StructureETF

Leverage1x

Cost on $10,000$62 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

VictoryShares VMSD · fund facts · as of Nov 5, 2026

VMSD

Payouts by Year

Today

$0no payouts on record

VMSD does not pay a distribution.

Distribution yield0.0%

Paid[…]

Latest ex-date · paid[…]

12 payouts added up[…]

VictoryShares VMSD · distributions by ex-date

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

summary prospectus · SEC 497K ↗summary prospectus · SEC 497K ↗

Trading & Liquidity

Net asset value$25.39

Premium / discount[…]

Median spread · 30D[…]

Volume today7

Average volume · 30D3K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.62%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$62.00

Our risk indicator2/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

No payouts on record: […]

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