VictoryShares WestEnd U.S. Sector ETF
VictoryShares WestEnd U.S. Sector ETF (NASDAQ: MODL) is an exchange-traded fund listed on NASDAQ, trading at $52.50 (about ₹5,044 a unit) as of 29 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.49% and holds 323 securities. Indian residents can buy MODL through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$52.33
Today's high
$52.73
52 week low
$43.39
52 week high
$53.43
MODL opened at $52.73, closed previously at $52.57, and has traded between $43.39 and $53.43 over the past 52 weeks.
About
The VictoryShares WestEnd U.S. Sector ETF strives for competitive returns through a dynamic process of selecting and avoiding specific market sectors. This strategic approach is driven by a thorough analysis of the broader economic and market environment, with sector exposure gained by investing in individual equities. Typically allocating capital to between four and six economic sectors at any given time, the ETF imposes a cap, ensuring no more than 35% of its net assets are committed to a single sector at the point of investment. The fund is overseen by a seasoned team of portfolio managers: Fritz Porter (Co-CIO, PM, with 26 years of industry experience, 18 at WestEnd), Ty Peebles (Co-CIO, PM, with 15 years of experience, 12 at WestEnd), Ned Durden (CIS, PM, with 26 years of experience, 19 at WestEnd), and Jacob Buchanan (CFA, PM, with 9 years of experience, 8 at WestEnd).
Key statistics
Expense ratio
0.49%
Assets (AUM)
$1.1B
Holdings
323
NAV
$52.56
Avg. volume
—
1-year price change
+14.04%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
MODL holds 323 securities in total. These 10 are 34.9% of the fund.
Where the money is invested
Sectors
Countries
How to buy MODL from India
Indian residents can buy MODL units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search MODL and buy
Find the fund by its ticker, MODL, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in MODL from India
Trading and taxes when buying MODL from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the MODL price today?
VictoryShares WestEnd U.S. Sector ETF (MODL) last traded at $52.50 on NASDAQ, as of 29 Sep 2026, 4:00 PM ET. That is ₹5,044 a unit at the 29 Sep 2026 USD/INR rate.
When does MODL trade, in Indian time?
NASDAQ trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is MODL, and what does it cost to hold?
VictoryShares WestEnd U.S. Sector ETF manages about $1.1B. Its expense ratio is 0.49% a year, deducted inside the fund. It launched in 2022.
What are MODL's largest holdings?
The top three are NVIDIA CORP. (6.7%), APPLE INC (6.2%) and MICROSOFT CORP (4.7%). MODL's 10 largest positions make up 34.9% of the fund.
Does MODL pay dividends?
Yes. MODL is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.
How are gains on MODL taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of MODL?
Yes. You can buy MODL by amount rather than by whole unit, and there is no minimum trade size.
How has MODL performed?
MODL's price is up 14.0% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.