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			<link:definition>220020 - Disclosure - VictoryShares Pioneer Equity Premium Income ETF Annual Fund Operating Expenses</link:definition>
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			<link:definition>220030 - Disclosure - VictoryShares Pioneer Equity Premium Income ETF Expense Example</link:definition>
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			<link:roleRef roleURI="http://www.vcm.com/1/role/PerformanceManagement" xlink:type="simple" xlink:href="#wwwvcmcom_1_PerformanceManagement"/>
			<link:roleRef roleURI="http://www.vcm.com/1/role/ShareholderFeesData" xlink:type="simple" xlink:href="#wwwvcmcom_1_ShareholderFeesData"/>
			<link:roleRef roleURI="http://www.vcm.com/1/role/OperatingExpensesData" xlink:type="simple" xlink:href="#wwwvcmcom_1_OperatingExpensesData"/>
			<link:roleRef roleURI="http://www.vcm.com/1/role/ExpenseExample" xlink:type="simple" xlink:href="#wwwvcmcom_1_ExpenseExample"/>
			<link:roleRef roleURI="http://www.vcm.com/1/role/ExpenseExampleNoRedemption" xlink:type="simple" xlink:href="#wwwvcmcom_1_ExpenseExampleNoRedemption"/>
			<link:roleRef roleURI="http://www.vcm.com/1/role/RiskTableData" xlink:type="simple" xlink:href="#wwwvcmcom_1_RiskTableData"/>
			<link:roleRef roleURI="http://www.vcm.com/1/role/BarChartData" xlink:type="simple" xlink:href="#wwwvcmcom_1_BarChartData"/>
			<link:roleRef roleURI="http://www.vcm.com/1/role/PerformanceTableData" xlink:type="simple" xlink:href="#wwwvcmcom_1_PerformanceTableData"/>
			<link:roleRef roleURI="http://www.vcm.com/1/role/MarketIndexPerformanceData" xlink:type="simple" xlink:href="#wwwvcmcom_1_MarketIndexPerformanceData"/>
			<link:roleRef roleURI="http://www.vcm.com/1/role/N1aCover" xlink:type="simple" xlink:href="#wwwvcmcom_1_N1aCover"/>
			<link:roleRef roleURI="http://www.vcm.com/1/role/N1aSupplement" xlink:type="simple" xlink:href="#wwwvcmcom_1_N1aSupplement"/>
			<link:roleRef roleURI="http://www.vcm.com/2/role/RiskReturn" xlink:type="simple" xlink:href="#wwwvcmcom_2_RiskReturn"/>
			<link:roleRef roleURI="http://www.vcm.com/2/role/FeesAndExpenses" xlink:type="simple" xlink:href="#wwwvcmcom_2_FeesAndExpenses"/>
			<link:roleRef roleURI="http://www.vcm.com/2/role/InvestmentStrategy" xlink:type="simple" xlink:href="#wwwvcmcom_2_InvestmentStrategy"/>
			<link:roleRef roleURI="http://www.vcm.com/2/role/InvestmentRisks" xlink:type="simple" xlink:href="#wwwvcmcom_2_InvestmentRisks"/>
			<link:roleRef roleURI="http://www.vcm.com/2/role/PerformanceManagement" xlink:type="simple" xlink:href="#wwwvcmcom_2_PerformanceManagement"/>
			<link:roleRef roleURI="http://www.vcm.com/2/role/ShareholderFeesData" xlink:type="simple" xlink:href="#wwwvcmcom_2_ShareholderFeesData"/>
			<link:roleRef roleURI="http://www.vcm.com/2/role/OperatingExpensesData" xlink:type="simple" xlink:href="#wwwvcmcom_2_OperatingExpensesData"/>
			<link:roleRef roleURI="http://www.vcm.com/2/role/ExpenseExample" xlink:type="simple" xlink:href="#wwwvcmcom_2_ExpenseExample"/>
			<link:roleRef roleURI="http://www.vcm.com/2/role/ExpenseExampleNoRedemption" xlink:type="simple" xlink:href="#wwwvcmcom_2_ExpenseExampleNoRedemption"/>
			<link:roleRef roleURI="http://www.vcm.com/2/role/RiskTableData" xlink:type="simple" xlink:href="#wwwvcmcom_2_RiskTableData"/>
			<link:roleRef roleURI="http://www.vcm.com/2/role/BarChartData" xlink:type="simple" xlink:href="#wwwvcmcom_2_BarChartData"/>
			<link:roleRef roleURI="http://www.vcm.com/2/role/PerformanceTableData" xlink:type="simple" xlink:href="#wwwvcmcom_2_PerformanceTableData"/>
			<link:roleRef roleURI="http://www.vcm.com/2/role/MarketIndexPerformanceData" xlink:type="simple" xlink:href="#wwwvcmcom_2_MarketIndexPerformanceData"/>
			<link:roleRef roleURI="http://www.vcm.com/2/role/N1aCover" xlink:type="simple" xlink:href="#wwwvcmcom_2_N1aCover"/>
			<link:roleRef roleURI="http://www.vcm.com/2/role/N1aSupplement" xlink:type="simple" xlink:href="#wwwvcmcom_2_N1aSupplement"/>
			<link:roleRef roleURI="http://www.vcm.com/3/role/RiskReturn" xlink:type="simple" xlink:href="#wwwvcmcom_3_RiskReturn"/>
			<link:roleRef roleURI="http://www.vcm.com/3/role/FeesAndExpenses" xlink:type="simple" xlink:href="#wwwvcmcom_3_FeesAndExpenses"/>
			<link:roleRef roleURI="http://www.vcm.com/3/role/InvestmentStrategy" xlink:type="simple" xlink:href="#wwwvcmcom_3_InvestmentStrategy"/>
			<link:roleRef roleURI="http://www.vcm.com/3/role/InvestmentRisks" xlink:type="simple" xlink:href="#wwwvcmcom_3_InvestmentRisks"/>
			<link:roleRef roleURI="http://www.vcm.com/3/role/PerformanceManagement" xlink:type="simple" xlink:href="#wwwvcmcom_3_PerformanceManagement"/>
			<link:roleRef roleURI="http://www.vcm.com/3/role/ShareholderFeesData" xlink:type="simple" xlink:href="#wwwvcmcom_3_ShareholderFeesData"/>
			<link:roleRef roleURI="http://www.vcm.com/3/role/OperatingExpensesData" xlink:type="simple" xlink:href="#wwwvcmcom_3_OperatingExpensesData"/>
			<link:roleRef roleURI="http://www.vcm.com/3/role/ExpenseExample" xlink:type="simple" xlink:href="#wwwvcmcom_3_ExpenseExample"/>
			<link:roleRef roleURI="http://www.vcm.com/3/role/ExpenseExampleNoRedemption" xlink:type="simple" xlink:href="#wwwvcmcom_3_ExpenseExampleNoRedemption"/>
			<link:roleRef roleURI="http://www.vcm.com/3/role/RiskTableData" xlink:type="simple" xlink:href="#wwwvcmcom_3_RiskTableData"/>
			<link:roleRef roleURI="http://www.vcm.com/3/role/BarChartData" xlink:type="simple" xlink:href="#wwwvcmcom_3_BarChartData"/>
			<link:roleRef roleURI="http://www.vcm.com/3/role/PerformanceTableData" xlink:type="simple" xlink:href="#wwwvcmcom_3_PerformanceTableData"/>
			<link:roleRef roleURI="http://www.vcm.com/3/role/MarketIndexPerformanceData" xlink:type="simple" xlink:href="#wwwvcmcom_3_MarketIndexPerformanceData"/>
			<link:roleRef roleURI="http://www.vcm.com/3/role/N1aCover" xlink:type="simple" xlink:href="#wwwvcmcom_3_N1aCover"/>
			<link:roleRef roleURI="http://www.vcm.com/3/role/N1aSupplement" xlink:type="simple" xlink:href="#wwwvcmcom_3_N1aSupplement"/>

            <link:roleRef roleURI="http://xbrl.sec.gov/rr/role/InvestmentStrategy" xlink:type="simple" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#InvestmentStrategy"/>	
            <!--PresentationLink Static Start-->
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_FormN1aAbstract" xlink:label="FormN1aAbstract" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ProspectusTable" xlink:label="ProspectusTable" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="FormN1aAbstract" xlink:to="ProspectusTable" order="1.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_DocumentInformationDocumentAxis" xlink:label="DocumentInformationDocumentAxis" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusTable" xlink:to="DocumentInformationDocumentAxis" order="1.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_DocumentDomain" xlink:label="DocumentDomain" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="DocumentInformationDocumentAxis" xlink:to="DocumentDomain" order="1.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_CoregistrantAxis" xlink:label="CoregistrantAxis" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusTable" xlink:to="CoregistrantAxis" order="2.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_AllCoregistrantsMember" xlink:label="AllCoregistrantsMember" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoregistrantAxis" xlink:to="AllCoregistrantsMember" order="1.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusTable" xlink:to="LegalEntityAxis" order="3.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityDomain" xlink:label="EntityDomain" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="LegalEntityAxis" xlink:to="EntityDomain" order="1.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ProspectusLineItems" xlink:label="ProspectusLineItems" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusTable" xlink:to="ProspectusLineItems" order="4.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_RiskReturnHeading" xlink:label="RiskReturnHeading" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="RiskReturnHeading" use="optional" order="1.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ObjectiveHeading" xlink:label="ObjectiveHeading" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="ObjectiveHeading" use="optional" order="2.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ObjectivePrimaryTextBlock" xlink:label="ObjectivePrimaryTextBlock" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="ObjectivePrimaryTextBlock" use="optional" order="3.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ObjectiveSecondaryTextBlock" xlink:label="ObjectiveSecondaryTextBlock" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="ObjectiveSecondaryTextBlock" use="optional" order="4.0" priority="1" />
			</link:presentationLink>
			<link:presentationLink xlink:type="extended" xlink:role="http://www.vcm.com/1/role/ShareholderFeesData" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase">
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ProspectusTable" xlink:label="ProspectusTable" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_DocumentInformationDocumentAxis" xlink:label="DocumentInformationDocumentAxis" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusTable" xlink:to="DocumentInformationDocumentAxis" order="1.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_DocumentDomain" xlink:label="DocumentDomain" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="DocumentInformationDocumentAxis" xlink:to="DocumentDomain" order="1.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_CoregistrantAxis" xlink:label="CoregistrantAxis" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusTable" xlink:to="CoregistrantAxis" order="2.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_AllCoregistrantsMember" xlink:label="AllCoregistrantsMember" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoregistrantAxis" xlink:to="AllCoregistrantsMember" order="1.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusTable" xlink:to="LegalEntityAxis" order="3.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityDomain" xlink:label="EntityDomain" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="LegalEntityAxis" xlink:to="EntityDomain" order="1.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ProspectusLineItems" xlink:label="ProspectusLineItems" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusTable" xlink:to="ProspectusLineItems" order="5.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ShareholderFeesColumnName" xlink:label="ShareholderFeesColumnName" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="ShareholderFeesColumnName" use="optional" order="1.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_MaximumCumulativeSalesChargeOverOfferingPrice" xlink:label="MaximumCumulativeSalesChargeOverOfferingPrice" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="MaximumCumulativeSalesChargeOverOfferingPrice" use="optional" order="2.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_MaximumCumulativeSalesChargeOverOther" xlink:label="MaximumCumulativeSalesChargeOverOther" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="MaximumCumulativeSalesChargeOverOther" use="optional" order="3.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice" xlink:label="MaximumSalesChargeImposedOnPurchasesOverOfferingPrice" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="MaximumSalesChargeImposedOnPurchasesOverOfferingPrice" use="optional" order="4.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_MaximumDeferredSalesChargeOverOfferingPrice" xlink:label="MaximumDeferredSalesChargeOverOfferingPrice" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="MaximumDeferredSalesChargeOverOfferingPrice" use="optional" order="5.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_MaximumDeferredSalesChargeOverOther" xlink:label="MaximumDeferredSalesChargeOverOther" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="MaximumDeferredSalesChargeOverOther" use="optional" order="6.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther" xlink:label="MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther" use="optional" order="7.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_RedemptionFeeOverRedemption" xlink:label="RedemptionFeeOverRedemption" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="RedemptionFeeOverRedemption" use="optional" order="8.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_RedemptionFee" xlink:label="RedemptionFee" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="RedemptionFee" use="optional" order="9.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ExchangeFeeOverRedemption" xlink:label="ExchangeFeeOverRedemption" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="ExchangeFeeOverRedemption" use="optional" order="10.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ExchangeFee" xlink:label="ExchangeFee" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="ExchangeFee" use="optional" order="11.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_MaximumAccountFeeOverAssets" xlink:label="MaximumAccountFeeOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="MaximumAccountFeeOverAssets" use="optional" order="12.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_MaximumAccountFee" xlink:label="MaximumAccountFee" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="MaximumAccountFee" use="optional" order="13.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ShareholderFeeOther" xlink:label="ShareholderFeeOther" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="ShareholderFeeOther" use="optional" order="14.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ClassAxis" xlink:label="ClassAxis" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusTable" xlink:to="ClassAxis" order="4.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ShareClassDomain" xlink:label="ShareClassDomain" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ClassAxis" xlink:to="ShareClassDomain" order="1.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ShareholderFeesAbstract" xlink:label="ShareholderFeesAbstract" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ShareholderFeesAbstract" xlink:to="ProspectusTable" order="1.0" priority="1" />
			</link:presentationLink>
			<link:presentationLink xlink:type="extended" xlink:role="http://www.vcm.com/1/role/OperatingExpensesData" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase">
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_FormN1aAbstract" xlink:label="FormN1aAbstract" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ProspectusTable" xlink:label="ProspectusTable" />
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			</link:presentationLink>
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			</link:presentationLink>
			<link:presentationLink xlink:type="extended" xlink:role="http://www.vcm.com/3/role/ShareholderFeesData">
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			</link:presentationLink>
			<link:presentationLink xlink:type="extended" xlink:role="http://www.vcm.com/3/role/OperatingExpensesData">
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				<link:loc xlink:type="locator" xlink:href="#vpii_HighYieldJunkBondRiskMember" xlink:label="HighYieldJunkBondRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_HighYieldJunkBondRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">High Yield Junk Bond Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HighYieldJunkBondRiskMember" xlink:to="label_HighYieldJunkBondRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_DurationRiskMember" xlink:label="DurationRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_DurationRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Duration Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DurationRiskMember" xlink:to="label_DurationRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InterestRateRiskMember" xlink:label="InterestRateRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_InterestRateRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Interest Rate Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateRiskMember" xlink:to="label_InterestRateRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CreditRiskMember" xlink:label="CreditRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_CreditRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Credit Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditRiskMember" xlink:to="label_CreditRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_PrepaymentorCallRiskMember" xlink:label="PrepaymentorCallRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_PrepaymentorCallRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Prepayment or Call Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrepaymentorCallRiskMember" xlink:to="label_PrepaymentorCallRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_ExtensionRiskMember" xlink:label="ExtensionRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_ExtensionRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Extension Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExtensionRiskMember" xlink:to="label_ExtensionRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_LiquidityRiskMember" xlink:label="LiquidityRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_LiquidityRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Liquidity Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiquidityRiskMember" xlink:to="label_LiquidityRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_DerivativesRiskMember" xlink:label="DerivativesRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_DerivativesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Derivatives Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativesRiskMember" xlink:to="label_DerivativesRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_CreditDefaultSwapRiskMember" xlink:label="CreditDefaultSwapRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_CreditDefaultSwapRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Credit Default Swap Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditDefaultSwapRiskMember" xlink:to="label_CreditDefaultSwapRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_CreditDefaultSwapIndexRiskMember" xlink:label="CreditDefaultSwapIndexRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_CreditDefaultSwapIndexRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Credit Default Swap Index Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditDefaultSwapIndexRiskMember" xlink:to="label_CreditDefaultSwapIndexRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_StructuredSecuritiesRiskMember" xlink:label="StructuredSecuritiesRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_StructuredSecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Structured Securities Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StructuredSecuritiesRiskMember" xlink:to="label_StructuredSecuritiesRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_LeveragingRiskMember" xlink:label="LeveragingRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_LeveragingRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Leveraging Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LeveragingRiskMember" xlink:to="label_LeveragingRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_PortfolioSelectionRiskMember" xlink:label="PortfolioSelectionRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_PortfolioSelectionRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Portfolio Selection Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PortfolioSelectionRiskMember" xlink:to="label_PortfolioSelectionRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_USTreasuryObligationsRiskMember" xlink:label="USTreasuryObligationsRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_USTreasuryObligationsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">US Treasury Obligations Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="USTreasuryObligationsRiskMember" xlink:to="label_USTreasuryObligationsRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_USGovernmentAgencyObligationsRiskMember" xlink:label="USGovernmentAgencyObligationsRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_USGovernmentAgencyObligationsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">US Government Agency Obligations Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="USGovernmentAgencyObligationsRiskMember" xlink:to="label_USGovernmentAgencyObligationsRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_MortgageRelatedandAssetBackedSecuritiesRiskMember" xlink:label="MortgageRelatedandAssetBackedSecuritiesRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_MortgageRelatedandAssetBackedSecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Mortgage Related and Asset Backed Securities [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MortgageRelatedandAssetBackedSecuritiesRiskMember" xlink:to="label_MortgageRelatedandAssetBackedSecuritiesRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_RisksofinstrumentsthatallowforballoonpaymentsornegativeamortizationpaymentsRiskMember" xlink:label="RisksofinstrumentsthatallowforballoonpaymentsornegativeamortizationpaymentsRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_RisksofinstrumentsthatallowforballoonpaymentsornegativeamortizationpaymentsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Risks of instruments that allow for balloon payments or negative amortization payments [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RisksofinstrumentsthatallowforballoonpaymentsornegativeamortizationpaymentsRiskMember" xlink:to="label_RisksofinstrumentsthatallowforballoonpaymentsornegativeamortizationpaymentsRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_RisksofinvestinginloansRiskMember" xlink:label="RisksofinvestinginloansRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_RisksofinvestinginloansRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Risks of investing in loans [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RisksofinvestinginloansRiskMember" xlink:to="label_RisksofinvestinginloansRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_RisksofinvestingininsurancelinkedsecuritiesRiskMember" xlink:label="RisksofinvestingininsurancelinkedsecuritiesRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_RisksofinvestingininsurancelinkedsecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Risks of investing in insurance linked securities [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RisksofinvestingininsurancelinkedsecuritiesRiskMember" xlink:to="label_RisksofinvestingininsurancelinkedsecuritiesRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_RisksofSubordinatedSecuritiesRiskMember" xlink:label="RisksofSubordinatedSecuritiesRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_RisksofSubordinatedSecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Risks of Subordinated Securities [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RisksofSubordinatedSecuritiesRiskMember" xlink:to="label_RisksofSubordinatedSecuritiesRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_MunicipalSecuritiesRiskMember" xlink:label="MunicipalSecuritiesRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_MunicipalSecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Municipal Securities Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MunicipalSecuritiesRiskMember" xlink:to="label_MunicipalSecuritiesRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_RisksofNonUSInvestmentsRiskMember" xlink:label="RisksofNonUSInvestmentsRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_RisksofNonUSInvestmentsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Risks of Non US Investments [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RisksofNonUSInvestmentsRiskMember" xlink:to="label_RisksofNonUSInvestmentsRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_RisksofConvertibleSecuritiesRiskMember" xlink:label="RisksofConvertibleSecuritiesRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_RisksofConvertibleSecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Risks of Convertible Securities [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RisksofConvertibleSecuritiesRiskMember" xlink:to="label_RisksofConvertibleSecuritiesRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_PreferredStocksRiskMember" xlink:label="PreferredStocksRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_PreferredStocksRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Preferred Stocks Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PreferredStocksRiskMember" xlink:to="label_PreferredStocksRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_RisksofinvestinginotherfundsRiskMember" xlink:label="RisksofinvestinginotherfundsRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_RisksofinvestinginotherfundsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Risks of investing in other funds [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RisksofinvestinginotherfundsRiskMember" xlink:to="label_RisksofinvestinginotherfundsRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_LimitedHistoryofOperationsRiskMember" xlink:label="LimitedHistoryofOperationsRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_LimitedHistoryofOperationsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Limited History of Operations [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LimitedHistoryofOperationsRiskMember" xlink:to="label_LimitedHistoryofOperationsRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_PortfolioTurnoverRiskMember" xlink:label="PortfolioTurnoverRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_PortfolioTurnoverRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Portfolio Turnover Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PortfolioTurnoverRiskMember" xlink:to="label_PortfolioTurnoverRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_MarketSegmentRiskMember" xlink:label="MarketSegmentRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_MarketSegmentRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Market Segment Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarketSegmentRiskMember" xlink:to="label_MarketSegmentRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_ValuationRiskMember" xlink:label="ValuationRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_ValuationRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Valuation Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ValuationRiskMember" xlink:to="label_ValuationRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_RedemptionRiskMember" xlink:label="RedemptionRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_RedemptionRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Redemption Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RedemptionRiskMember" xlink:to="label_RedemptionRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_LargeShareholderRiskMember" xlink:label="LargeShareholderRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_LargeShareholderRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Large Shareholder Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LargeShareholderRiskMember" xlink:to="label_LargeShareholderRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_CybersecurityRiskMember" xlink:label="CybersecurityRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_CybersecurityRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Cybersecurity Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CybersecurityRiskMember" xlink:to="label_CybersecurityRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_ExchangeTradedFundETFStructureRiskMember" xlink:label="ExchangeTradedFundETFStructureRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_ExchangeTradedFundETFStructureRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Exchange Traded Fund ETF Structure Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangeTradedFundETFStructureRiskMember" xlink:to="label_ExchangeTradedFundETFStructureRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_NotIndividuallyRedeemableRiskMember" xlink:label="NotIndividuallyRedeemableRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_NotIndividuallyRedeemableRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Not Individually Redeemable [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotIndividuallyRedeemableRiskMember" xlink:to="label_NotIndividuallyRedeemableRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_TradingIssuesRiskMember" xlink:label="TradingIssuesRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_TradingIssuesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Trading Issues [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradingIssuesRiskMember" xlink:to="label_TradingIssuesRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_MarketPriceVarianceRiskMember" xlink:label="MarketPriceVarianceRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_MarketPriceVarianceRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Market Price Variance Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarketPriceVarianceRiskMember" xlink:to="label_MarketPriceVarianceRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_InternationalClosedMarketTradingRiskMember" xlink:label="InternationalClosedMarketTradingRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_InternationalClosedMarketTradingRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">International Closed Market Trading Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InternationalClosedMarketTradingRiskMember" xlink:to="label_InternationalClosedMarketTradingRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_AuthorizedParticipantsConcentrationRiskMember" xlink:label="AuthorizedParticipantsConcentrationRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_AuthorizedParticipantsConcentrationRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Authorized Participants Concentration Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AuthorizedParticipantsConcentrationRiskMember" xlink:to="label_AuthorizedParticipantsConcentrationRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_TaxEfficiencyRiskMember" xlink:label="TaxEfficiencyRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_TaxEfficiencyRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Tax Efficiency Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxEfficiencyRiskMember" xlink:to="label_TaxEfficiencyRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_ExpenseRiskMember" xlink:label="ExpenseRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_ExpenseRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Expense Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpenseRiskMember" xlink:to="label_ExpenseRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_S000105023Member" xlink:label="S000105023Member"/>
				<link:label xlink:type="resource" xlink:label="label_S000105023Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">VictoryShares Pioneer Equity Premium Income ETF</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="S000105023Member" xlink:to="label_S000105023Member"/>
				<link:label xlink:type="resource" xlink:label="label_S000105023Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">S000105023 [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="S000105023Member" xlink:to="label_S000105023Member_2"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_C000275729Member" xlink:label="C000275729Member"/>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000275729Member" xlink:to="label_S000105023Member"/>
				<link:label xlink:type="resource" xlink:label="label_C000275729Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">C000275729 [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000275729Member" xlink:to="label_C000275729Member_2"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_EquitySecuritiesRiskMember" xlink:label="EquitySecuritiesRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_EquitySecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Equity Securities Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquitySecuritiesRiskMember" xlink:to="label_EquitySecuritiesRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_IncomeProducingSecuritiesRiskMember" xlink:label="IncomeProducingSecuritiesRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_IncomeProducingSecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Income Producing Securities Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeProducingSecuritiesRiskMember" xlink:to="label_IncomeProducingSecuritiesRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_EquityLinkedNotesRiskMember" xlink:label="EquityLinkedNotesRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_EquityLinkedNotesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Equity-Linked Notes Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityLinkedNotesRiskMember" xlink:to="label_EquityLinkedNotesRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_LargeCapitalizationCompaniesRiskMember" xlink:label="LargeCapitalizationCompaniesRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_LargeCapitalizationCompaniesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Large Capitalization Companies Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LargeCapitalizationCompaniesRiskMember" xlink:to="label_LargeCapitalizationCompaniesRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_SmallandMidSizeCompaniesRiskMember" xlink:label="SmallandMidSizeCompaniesRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_SmallandMidSizeCompaniesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Small and Mid Size Companies Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SmallandMidSizeCompaniesRiskMember" xlink:to="label_SmallandMidSizeCompaniesRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_RisksofinvestmentsinrealestaterelatedsecuritiesRiskMember" xlink:label="RisksofinvestmentsinrealestaterelatedsecuritiesRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_RisksofinvestmentsinrealestaterelatedsecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Risks of investments in real estate related securities [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RisksofinvestmentsinrealestaterelatedsecuritiesRiskMember" xlink:to="label_RisksofinvestmentsinrealestaterelatedsecuritiesRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_RisksofwarrantsandrightsRiskMember" xlink:label="RisksofwarrantsandrightsRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_RisksofwarrantsandrightsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Risks of warrants and rights [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RisksofwarrantsandrightsRiskMember" xlink:to="label_RisksofwarrantsandrightsRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_MasterLimitedPartnershipRiskMember" xlink:label="MasterLimitedPartnershipRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_MasterLimitedPartnershipRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Master Limited Partnership Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MasterLimitedPartnershipRiskMember" xlink:to="label_MasterLimitedPartnershipRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_RisksofInitialPublicOfferingsRiskMember" xlink:label="RisksofInitialPublicOfferingsRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_RisksofInitialPublicOfferingsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Risks of Initial Public Offerings [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RisksofInitialPublicOfferingsRiskMember" xlink:to="label_RisksofInitialPublicOfferingsRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_DebtSecuritiesRiskMember" xlink:label="DebtSecuritiesRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_DebtSecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Debt Securities Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtSecuritiesRiskMember" xlink:to="label_DebtSecuritiesRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_IntradayIndicativeValueIIVRiskMember" xlink:label="IntradayIndicativeValueIIVRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_IntradayIndicativeValueIIVRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Intraday Indicative Value IIV Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntradayIndicativeValueIIVRiskMember" xlink:to="label_IntradayIndicativeValueIIVRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_S000105022Member" xlink:label="S000105022Member"/>
				<link:label xlink:type="resource" xlink:label="label_S000105022Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">VictoryShares Pioneer Mortgage-Backed Securities ETF</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="S000105022Member" xlink:to="label_S000105022Member"/>
				<link:label xlink:type="resource" xlink:label="label_S000105022Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">S000105022 [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="S000105022Member" xlink:to="label_S000105022Member_2"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_C000275728Member" xlink:label="C000275728Member"/>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000275728Member" xlink:to="label_S000105022Member"/>
				<link:label xlink:type="resource" xlink:label="label_C000275728Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">C000275728 [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000275728Member" xlink:to="label_C000275728Member_2"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_RisksofinvestingincollateralizeddebtobligationsRiskMember" xlink:label="RisksofinvestingincollateralizeddebtobligationsRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_RisksofinvestingincollateralizeddebtobligationsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Risks of investing in collateralized debt obligations [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RisksofinvestingincollateralizeddebtobligationsRiskMember" xlink:to="label_RisksofinvestingincollateralizeddebtobligationsRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_TBACommitmentsRiskMember" xlink:label="TBACommitmentsRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_TBACommitmentsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">TBA Commitments Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TBACommitmentsRiskMember" xlink:to="label_TBACommitmentsRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_CreditRiskTransferSecuritiesRiskMember" xlink:label="CreditRiskTransferSecuritiesRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_CreditRiskTransferSecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Credit Risk Transfer Securities Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditRiskTransferSecuritiesRiskMember" xlink:to="label_CreditRiskTransferSecuritiesRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_CustodialReceiptsRiskMember" xlink:label="CustodialReceiptsRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_CustodialReceiptsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Custodial Receipts Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CustodialReceiptsRiskMember" xlink:to="label_CustodialReceiptsRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#vpii_MortgageDollarRollTransactionsRiskMember" xlink:label="MortgageDollarRollTransactionsRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_MortgageDollarRollTransactionsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Mortgage Dollar Roll Transactions Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MortgageDollarRollTransactionsRiskMember" xlink:to="label_MortgageDollarRollTransactionsRiskMember"/>

            </link:labelLink>
         </link:linkbase>
      </xs:appinfo>
  </xs:annotation>
	<xs:element name="S000105021Member" id="vpii_S000105021Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="C000275727Member" id="vpii_C000275727Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="MarketRiskMember" id="vpii_MarketRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="HighYieldJunkBondRiskMember" id="vpii_HighYieldJunkBondRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="DurationRiskMember" id="vpii_DurationRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="PrepaymentorCallRiskMember" id="vpii_PrepaymentorCallRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="ExtensionRiskMember" id="vpii_ExtensionRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="LiquidityRiskMember" id="vpii_LiquidityRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="DerivativesRiskMember" id="vpii_DerivativesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="CreditDefaultSwapRiskMember" id="vpii_CreditDefaultSwapRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="CreditDefaultSwapIndexRiskMember" id="vpii_CreditDefaultSwapIndexRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="StructuredSecuritiesRiskMember" id="vpii_StructuredSecuritiesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="LeveragingRiskMember" id="vpii_LeveragingRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="PortfolioSelectionRiskMember" id="vpii_PortfolioSelectionRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="USTreasuryObligationsRiskMember" id="vpii_USTreasuryObligationsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="USGovernmentAgencyObligationsRiskMember" id="vpii_USGovernmentAgencyObligationsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="MortgageRelatedandAssetBackedSecuritiesRiskMember" id="vpii_MortgageRelatedandAssetBackedSecuritiesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="RisksofinstrumentsthatallowforballoonpaymentsornegativeamortizationpaymentsRiskMember" id="vpii_RisksofinstrumentsthatallowforballoonpaymentsornegativeamortizationpaymentsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="RisksofinvestinginloansRiskMember" id="vpii_RisksofinvestinginloansRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="RisksofinvestingininsurancelinkedsecuritiesRiskMember" id="vpii_RisksofinvestingininsurancelinkedsecuritiesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="RisksofSubordinatedSecuritiesRiskMember" id="vpii_RisksofSubordinatedSecuritiesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="MunicipalSecuritiesRiskMember" id="vpii_MunicipalSecuritiesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="RisksofNonUSInvestmentsRiskMember" id="vpii_RisksofNonUSInvestmentsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="RisksofConvertibleSecuritiesRiskMember" id="vpii_RisksofConvertibleSecuritiesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="PreferredStocksRiskMember" id="vpii_PreferredStocksRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="RisksofinvestinginotherfundsRiskMember" id="vpii_RisksofinvestinginotherfundsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="LimitedHistoryofOperationsRiskMember" id="vpii_LimitedHistoryofOperationsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="PortfolioTurnoverRiskMember" id="vpii_PortfolioTurnoverRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="MarketSegmentRiskMember" id="vpii_MarketSegmentRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="ValuationRiskMember" id="vpii_ValuationRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="RedemptionRiskMember" id="vpii_RedemptionRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="LargeShareholderRiskMember" id="vpii_LargeShareholderRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="CybersecurityRiskMember" id="vpii_CybersecurityRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="ExchangeTradedFundETFStructureRiskMember" id="vpii_ExchangeTradedFundETFStructureRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="NotIndividuallyRedeemableRiskMember" id="vpii_NotIndividuallyRedeemableRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="TradingIssuesRiskMember" id="vpii_TradingIssuesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="MarketPriceVarianceRiskMember" id="vpii_MarketPriceVarianceRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="InternationalClosedMarketTradingRiskMember" id="vpii_InternationalClosedMarketTradingRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="AuthorizedParticipantsConcentrationRiskMember" id="vpii_AuthorizedParticipantsConcentrationRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="TaxEfficiencyRiskMember" id="vpii_TaxEfficiencyRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="ExpenseRiskMember" id="vpii_ExpenseRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="S000105023Member" id="vpii_S000105023Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="C000275729Member" id="vpii_C000275729Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="EquitySecuritiesRiskMember" id="vpii_EquitySecuritiesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="IncomeProducingSecuritiesRiskMember" id="vpii_IncomeProducingSecuritiesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="EquityLinkedNotesRiskMember" id="vpii_EquityLinkedNotesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="LargeCapitalizationCompaniesRiskMember" id="vpii_LargeCapitalizationCompaniesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="SmallandMidSizeCompaniesRiskMember" id="vpii_SmallandMidSizeCompaniesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="RisksofinvestmentsinrealestaterelatedsecuritiesRiskMember" id="vpii_RisksofinvestmentsinrealestaterelatedsecuritiesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="RisksofwarrantsandrightsRiskMember" id="vpii_RisksofwarrantsandrightsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="MasterLimitedPartnershipRiskMember" id="vpii_MasterLimitedPartnershipRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="RisksofInitialPublicOfferingsRiskMember" id="vpii_RisksofInitialPublicOfferingsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="DebtSecuritiesRiskMember" id="vpii_DebtSecuritiesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="IntradayIndicativeValueIIVRiskMember" id="vpii_IntradayIndicativeValueIIVRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="S000105022Member" id="vpii_S000105022Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="C000275728Member" id="vpii_C000275728Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="RisksofinvestingincollateralizeddebtobligationsRiskMember" id="vpii_RisksofinvestingincollateralizeddebtobligationsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="TBACommitmentsRiskMember" id="vpii_TBACommitmentsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="CreditRiskTransferSecuritiesRiskMember" id="vpii_CreditRiskTransferSecuritiesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="CustodialReceiptsRiskMember" id="vpii_CustodialReceiptsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="MortgageDollarRollTransactionsRiskMember" id="vpii_MortgageDollarRollTransactionsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>

</xs:schema>
