VictoryShares Emerging Markets Value Momentum ETF
VictoryShares Emerging Markets Value Momentum ETF (NASDAQ: UEVM) is an exchange-traded fund listed on NASDAQ, trading at $58.89 (about ₹5,649 a unit) as of 25 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.53% and holds 205 securities. Indian residents can buy UEVM through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$58.74
Today's high
$58.99
52 week low
$52.98
52 week high
$61.77
UEVM opened at $58.75, closed previously at $58.85, and has traded between $52.98 and $61.77 over the past 52 weeks.
About
The VictoryShares Emerging Markets Value Momentum ETF (UEVM) aims to replicate, before the deduction of fees and expenses, the investment performance of its underlying benchmark, the Nasdaq Victory Emerging Market Value Momentum Index. This index is exclusively made up of shares from companies located in developing economies. These companies are specifically chosen for their pronounced exposure to both value and momentum factors, with the additional goals of achieving more controlled portfolio turnover and exhibiting lower realized volatility when contrasted with typical market-capitalization-weighted indexes. The methodology involves assessing and scoring each stock for its value and momentum attributes, relative to its sector. A combined score is then calculated for every security by giving equal weight to its individual value and momentum scores. Subsequently, the top 25% of these securities are chosen. Their allocation within the index is then optimized by assigning greater proportional influence to those demonstrating historically lower realized volatility. The index undergoes rebalancing adjustments every quarter. To guarantee sufficient tradability, a liquidity filter is applied, excluding less liquid assets by retaining only the top 90% of securities based on their annualized trading volume over the preceding 12 months. The index encompasses a range of equity instruments, including both American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs).
Key statistics
Expense ratio
0.53%
Assets (AUM)
$245.1M
Holdings
205
NAV
$59.07
Avg. volume
—
1-year price change
+7.82%
5-year price change
+20.45%
Price change excludes dividends.
Top 10 holdings
UEVM holds 205 securities in total. These 10 are 10.9% of the fund.
Where the money is invested
Sectors
Countries
How to buy UEVM from India
Indian residents can buy UEVM 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 UEVM and buy
Find the fund by its ticker, UEVM, 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 UEVM from India
Trading and taxes when buying UEVM 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 UEVM price today?
VictoryShares Emerging Markets Value Momentum ETF (UEVM) last traded at $58.89 on NASDAQ, as of 25 Sep 2026, 4:00 PM ET. That is ₹5,649 a unit at the 25 Sep 2026 USD/INR rate.
When does UEVM 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 UEVM, and what does it cost to hold?
VictoryShares Emerging Markets Value Momentum ETF manages about $245.1M. Its expense ratio is 0.53% a year, deducted inside the fund. It launched in 2017.
What are UEVM's largest holdings?
The top three are TISCO FINANCIAL GROUP PCL (1.5%), NEPI ROCKCASTLE N.V. (1.3%) and BANK OF COMMUNICATIONS (1.1%). UEVM's 10 largest positions make up 10.9% of the fund.
Does UEVM pay dividends?
Yes. UEVM 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 UEVM 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 UEVM?
Yes. You can buy UEVM by amount rather than by whole unit, and there is no minimum trade size.
How has UEVM performed?
UEVM's price is up 7.8% over the past year and up 20.5% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.