Investing for Potential Volatility With CFA For cautious investors who are looking to capitalize on growth while keeping an eye towards potential inflation-driven volatility, the VictoryShares US 500 Volatility Wtd ETF (CFA) is a solid option. CFA tracks the Nasdaq Victory US Large Cap 500 Volatility Weighted Index. CFA’s sector breakdown as of the end of September includes a 16.37% allocation to industrials, 15.76% to financials, 15.11% to information technology, 14.04% to healthcare, 9.99% to consumer discretionary, and various smaller allocations.