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Victoryshares QQQN Fact Sheet

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Victoryshares QQQN Fact Sheet VictoryShares Nasdaq Next 50 ETF As of June 30, 2021 Offers exposure to the new generation of innovators: FUND CHARACTERISTICS 50 stocks that are next in line for inclusion in the Ticker Symbol QQQN Index Symbol NXTQ ® Nasdaq-100 Index . CUSIP 92647X806 IIV Ticker QQQN.IV Seeks to provide investment results that track the Primary Listing NASDAQ performance of the Nasdaq Q-50 Index® before fees Morningstar Category Mid-Cap Growth Number of Holdings 52 and expenses. Average Market Capitalization $28.1B Average P/E Ratio 278.1 Standard Deviation - About the index Sharpe Ratio - Aligns with the innovation and growth focus behind the time-tested Nasdaq-100 R-Squared - Index, but with an emphasis on the next generation of market leadership. ▪ The Index is a market-capitalization weighted index designed to track the performance of the 50 securities that are next-eligible for inclusion into the Nasdaq-100 Index. Index methodology ▪ Starts with a universe of all companies, both domestic and foreign, that are listed on the Nasdaq Stock Exchange ▪ Removes all companies classified as financials ▪ Selects the largest 50 companies, based in market capitalization, that are not currently in the Nasdaq-100 Index Why QQQN? ▪ Provides a cost-effective opportunity to invest in the next generation of innovators ▪ Offers diversification into forward-thinking, disruptive companies beyond the established, mega-cap and large-cap leaders in the Nasdaq-100 Index SECTOR WEIGHTING (%) QQQN ▪ Deploys the proven methodology behind the time-tested Nasdaq-100 Index, n Communication Services 17.78 with its emphasis on innovation and growth n Consumer Discretionary 18.06 n Consumer Staples — n Energy — n Financials — n Health Care 14.18 ABOUT VICTORYSHARES n Industrials 9.06 n Information Technology 40.69 VictoryShares is a specialist ETF provider that n Materials — offers a broad range of rules-based and active n Real Estate — ETF solutions. Our ETFs are brought to you by n Utilities — Victory Capital, a global asset management firm. n Cash 0.22 n Other 0.01 Not FDIC Insured • May Lose Value • No Bank Guarantee 20210723-1733765 VictoryShares Nasdaq Next 50 ETF As of June 30, 2021 Market Cap Weighting Market Cap Weighting Fund Top 10 Holdings ($B) (%) Fund Bottom 10 Holdings ($B) (%) Roku, Inc. Class A 60.8 4.59 10x Genomics Inc Class A 21.5 1.48 CrowdStrike Holdings, Inc. Class A 56.7 4.27 United Airlines Holdings, Inc. 16.9 1.47 Fortinet, Inc. 38.9 3.38 Wix.com Ltd. 16.3 1.42 Trade Desk, Inc. Class A 36.8 2.90 Royalty Pharma Plc Class A 16.1 1.40 Airbnb, Inc. Class A Class A 93.1 2.57 Novavax, Inc. 15.7 1.37 Old Dominion Freight Line, Inc. 29.4 2.55 CureVac N.V. 13.3 1.19 Zscaler, Inc. 29.6 2.55 IAC/InteractiveCorp. 13.7 1.12 Zebra Technologies Corporation Class A 28.3 2.46 Discovery, Inc. Class C 14.8 0.83 Liberty Broadband Corp. Class C 33.3 2.42 Discovery, Inc. Class A 15.6 0.45 Garmin Ltd. 27.8 2.41 ViacomCBS Inc. Class A 31.3 0.17 ANNUAL TOTAL RETURN (%) 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 VictoryShares Nasdaq Next 50 ETF (NAV) 24.55 – – – – – – – – – – – – – Nasdaq Q-50 Index 48.66 33.64 -10.62 33.57 5.94 9.45 1.84 47.53 29.43 -0.34 31.97 41.61 -38.62 -4.131 1Partial year, since October 10, 2007. Nasdaq Q-50 Index reflect price returns from 10/10/07 to 4/30/08, total return from 5/1/2008 and forward. Since Expense Ratio ANNUALIZED RATE OF RETURN (%) Inception VictoryShares Nasdaq Next 50 ETF (QQQN) Quarter YTD 1 Year 3 Year 5 Year 10 Year Sep 9, 2020 Gross Net Net Asset Value (NAV) 9.04 8.60 – – – – 35.26 0.29 0.18 Closing Market Price 8.92 8.51 – – – – 36.70 Indexes for Comparison (%) Nasdaq Q-50 Index 8.96 8.56 44.11 22.96 22.41 17.51 – Past performance does not guarantee future results. The exchange. If you trade your shares at another time, your return may performance data quoted represents past performance and current differ. Returns include reinvestment of dividends and capital gains. performance may be lower or higher. The investment return and Performance for periods greater than one year is annualized. High, principal value will fluctuate so that an investor’s shares, when double-digit returns are highly unusual and cannot be sustained. redeemed, may be worth more or less than the original cost. To Investors should be aware that these returns were primarily achieved obtain performance information current to the most recent month- during favorable market conditions. Fee waivers and/or expense end, visit www.victoryshares.com. ETF shares are bought and sold at reimbursements were in place for some or all periods shown, without market price (not NAV) and are not individually redeemed from the Fund. which Fund performance would have been lower. Index performance is Brokerage commissions will reduce returns. Market price returns are shown for illustrative purposes only. Indexes are unmanaged and one based on the price of the last reported trade on the Fund’s primary cannot invest directly in an index. Carefully consider a fund’s investment objectives, risks, charges Net asset value or NAV is a fund’s total assets minus its total liabilities, and expenses before investing. To obtain a prospectus or summary divided by the number of outstanding shares. prospectus containing this and other important information, visit Premium/discount % indicates whether an ETF is currently trading at a www.vcm.com/prospectus. Read it carefully before investing. higher or lower price than the current value of the securities in that All investing involves risk, including the potential loss of principal. portfolio. The Fund has the same risks as the underlying securities traded on the The NASDAQ Q-50 Index is a market-capitalization weighted index exchange throughout the day. Redemptions are limited, and designed to track the performance of companies that are next-eligible for commissions are often charged on each trade. ETFs may trade at a inclusion into the NASDAQ-100 Index. The Index is comprised of 50 premium or discount to their net asset value. The Fund invests in securities ranked by market capitalization and reflects companies across securities included in, or representative of securities included in, the major industry groups, except financial companies. Index, regardless of their investment merits. The performance of the The S&P 500® Index is a market-capitalization-weighted index that Fund may diverge from that of the Index. International investments may measures the performance of the common stocks of 500 leading U.S. involve risk of capital loss from unfavorable fluctuation in currency companies. values, from differences in generally accepted accounting principles or from economic or political instability in other nations. Investments in mid- Net expense ratio reflects the contractual waiver and/or reimbursement cap companies typically exhibit higher volatility. Technology companies of management fees through May 30, 2022. may be adversely affected by economic downturns, short product cycles, Nasdaq is a registered trademark of Nasdaq, Inc. and its affiliates aggressive pricing, market competition and government regulation. The (together, “Nasdaq”) and is licensed for use by Victory Capital. The value of your investment is also subject to geopolitical risks such as product(s) are not issued, endorsed, sold, or promoted by Nasdaq. wars, terrorism, environmental disasters, and public health crises; the Nasdaq makes no warranties as to the legality or suitability of, and bears risk of technology malfunctions or disruptions; and the responses to no liability for, the product(s). such events by governments and/or individual companies. Fund Distributed by Foreside Fund Services, LLC (Foreside). Victory Capital is holdings and sector allocations are subject to change, may differ from not affiliated with Foreside. the Index, and should not be considered investment advice. ©2021 Victory Capital Management Inc. Market capitalization is the total dollar value of all outstanding shares V20.096 // 2Q 2021 VS QQQN FS computed as number of shares times current market price. Market price is the price of the last reported trade on a fund’s primary exchange. www.victoryshares.com // 800.991.8191 20210723-1733765.
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