USA Mutuals Vice Fund Investor Class (VICEX) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
Beta 0.72: the stock has moved about 28% less than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 18, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerUSA Mutuals Vice Fund Investor Class (VICEX) trades at $21.94. USA Mutuals Vice Fund Investor Class (VICEX) seeks long-term capital growth by investing in companies deriving revenue from vice industries. Sector: Financials.
Price as of · Last analyzed: Mar 18, 2026Analyst Coverage for VICEX: VICEX does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
USA Mutuals Vice Fund Investor Class (VICEX) Financial Services Profile
USA Mutuals Vice Fund Investor Class (VICEX) is an asset management fund focusing on long-term capital appreciation through investments in vice industries, including alcoholic beverages, defense/aerospace, gaming, and tobacco. The fund concentrates its holdings to meet specific investment criteria within these sectors, offering a unique investment strategy within the financial services landscape.
What Is the Investment Thesis for VICEX?
VICEX presents a focused investment strategy targeting the vice industries, which may offer resilience during economic downturns. The fund's concentration in alcoholic beverages, defense/aerospace, gaming, and tobacco aims to capitalize on consistent demand. With a market cap of $0.06 billion and a beta of 0.72, VICEX exhibits lower volatility compared to the broader market. The absence of dividend payouts allows for reinvestment into growth opportunities within these sectors. Key catalysts include sustained consumer spending on vice products and geopolitical factors driving defense spending. Potential risks involve regulatory changes impacting these industries and shifting consumer preferences.
Based on FMP financials and quantitative analysis
VICEX Key Highlights
VICEX focuses on long-term capital growth through investments in vice industries.
- The fund allocates at least 80% of its net assets to equity securities in alcoholic beverages, defense/aerospace, gaming, and tobacco companies.
- It concentrates at least 25% of its net assets in the four core vice industries.
- The fund maintains a market capitalization of $0.06 billion.
- VICEX exhibits a beta of 0.72, indicating lower volatility compared to the market.
Who Are VICEX's Competitors?
VICEX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| AUERX Auer Growth | $18.61 | +0.11% | $80.2M | — |
| DEBTX Shelton Tactical Credit Fund - Investor Class | $9.93 | +0.20% | $58.1M | — |
| HDSVX Hodges Small Intrinsic Value Fund Retail Cl | $21.31 | +0.05% | $57.5M | — |
| ICCIX Dynamic International Opportunity Fund -Class I | $16.53 | -0.12% | $65.4M | — |
| ICCNX Dynamic International Opportunity Fund - Class N | $16.57 | -0.06% | $65.0M | — |
| BLK BlackRock, Inc. | $1069.63 | -0.91% | $166B | 52 5-pillar |
| BX Blackstone Inc. | $111.82 | -1.36% | $135B | 69 5-pillar |
| APOS Apollo Global Management, Inc. | $25.50 | -0.39% | $74.6B | 56 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are VICEX's Key Strengths?
Specialized focus on vice industries.
- Potential for resilient performance during economic downturns.
- Concentrated portfolio for targeted growth.
- Lower volatility compared to broader market (beta of 0.72).
What Are VICEX's Weaknesses?
Limited diversification due to concentrated focus.
- Exposure to regulatory risks specific to vice industries.
- Potential ethical concerns for some investors.
- Small market capitalization ($0.06 billion).
What Are the Key Risks for VICEX?
Regulatory changes impacting vice industries.
- Shifting consumer preferences away from vice products.
- Economic downturns affecting consumer spending.
- Ethical concerns impacting investor sentiment.
What Are VICEX's Competitive Advantages?
- Specialized Focus: Unique investment strategy targeting vice industries.
- Concentrated Portfolio: High allocation to core vice sectors.
- Resilient Sectors: Investments in industries with historically stable demand.
What Does VICEX Do?
USA Mutuals Vice Fund Investor Class (VICEX) is an investment fund designed to achieve long-term capital growth by strategically investing in companies that generate significant revenue from what are commonly referred to as 'vice' industries. These industries include alcoholic beverages, defense/aerospace, gaming, and tobacco. The fund operates under the principle of allocating at least 80% of its net assets, inclusive of borrowings for investment purposes, into the equity securities of companies operating within these sectors. A core tenet of VICEX's investment strategy is to concentrate a minimum of 25% of its net assets across these four key vice industries, while ensuring that no single industry accounts for more than 80% of its total net assets. This concentration strategy aims to capitalize on the potential growth within these specific sectors while maintaining a degree of diversification. The fund's investment approach is tailored for investors seeking exposure to these niche markets, offering a focused investment vehicle within the broader asset management landscape. VICEX provides a unique investment opportunity by targeting sectors that, despite facing potential ethical concerns, have historically demonstrated resilience and consistent demand.
What Products and Services Does VICEX Offer?
- Invests in equity securities of companies in vice industries.
- Focuses on alcoholic beverages, defense/aerospace, gaming, and tobacco sectors.
- Allocates at least 80% of net assets to these sectors.
- Concentrates at least 25% of net assets in the four core vice industries.
- Seeks long-term capital growth.
- Manages investment portfolio to meet fund objectives.
How Does VICEX Make Money?
- Generates revenue through capital appreciation of invested assets.
- Focuses on companies deriving significant revenue from vice industries.
- Reinvests earnings to maximize long-term growth.
What Industry Does VICEX Operate In?
VICEX operates within the asset management industry, specifically targeting niche sectors like vice industries. The asset management industry is characterized by intense competition and evolving regulatory landscapes. Market trends indicate a growing interest in specialized investment funds that cater to specific sectors or investment themes. VICEX's focus on vice industries positions it uniquely within this landscape, potentially attracting investors seeking exposure to these historically resilient sectors. Competitors include funds with broader investment mandates, such as AUERX, DEBTX, HDSVX, ICCIX, and ICCNX, which may overlap in certain holdings but lack VICEX's concentrated focus.
Who Are VICEX's Key Customers?
- Individual investors seeking exposure to vice industries.
- Institutional investors looking for specialized investment funds.
- Investors with a high-risk tolerance seeking capital appreciation.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is a fund, not an operating company
VICEX Financials
Bull Case vs Bear Case
Bull Case
- Specialized focus on vice industries.
- Potential for resilient performance during economic downturns.
- Concentrated portfolio for targeted growth.
- Lower volatility compared to broader market (beta of 0.72).
Bear Case
- Limited diversification due to concentrated focus.
- Exposure to regulatory risks specific to vice industries.
- Potential ethical concerns for some investors.
- Small market capitalization ($0.06 billion).
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
VICEX Latest News
No recent news available for VICEX.
VICEX Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for VICEX.
Price Targets
Wall Street price target analysis for VICEX.
VICEX MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for VICEX; grades run from A+ (80-100) to F (below 30).
What Investors Ask About USA Mutuals Vice Fund Investor Class (VICEX) — Financials
What do analysts say about VICEX stock?
However, the fund's focus on vice industries suggests potential resilience during economic downturns due to the relatively stable demand for these products.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Information is based on available data and may be subject to change.