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VictoryShares US Multi-Factor Minimum Volatility ETF VSMV

Is VictoryShares US Multi-Factor Minimum Volatility ETF Halal?

Shariah Compliance Analysis of VSMV ETF

No. As of October 2026, VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

VSMV was created on 2017-06-22 by VictoryShares. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 160.88m in AUM and 65 holdings. VSMV tracks an index of large- and mid-cap US stocks, selected and weighted based on multiple factors. ETF optimization and constraints are used in order to minimize volatility.

VSMV Shariah Compliance

As of October 2026, VictoryShares US Multi-Factor Minimum Volatility ETF is classified as not halal.

NOT HALAL

VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) Chart

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