WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001068663
<NAME> THE VICTORY VARIABLE INSURANCE FUNDS
<SERIES>
<NUMBER> 03
<NAME> VICTORY VARIABLE INSURANCE SMALL COMPANY OPPORTUNITY FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 1503
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<TOTAL-LIABILITIES> 13
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<SHARES-COMMON-PRIOR> 138
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<ACCUM-APPREC-OR-DEPREC> <202>
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<NET-INVESTMENT-INCOME> 4
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<FN>
</FN>
</TABLE>