Skip to main content.
Home / ETF / Virtus WMC International Dividend ETF
Exchange Traded Fund Equity

Virtus WMC International Dividend ETF

Image specific to each asset class and market style grouping.
Ticker
VWID
CUSIP
26923G848
Closing Price
$
(as of 08/04/2020)
Inception
10/10/2017
Premium/Discount
$0.02 (as of 08/04/2020)
4PM Bid/Offer Midpoint
$25.97 (as of 08/04/2020)
Shares Outstanding
200,004 (as of 08/04/2020)
Daily Trading Volume
100.00 (as of 08/04/2020)
20 Day Average Trading Volume
50.00 (as of 08/04/2020)
Net Assets
$5,190,001 (as of 08/04/2020)

Portfolio Overview

Investment Overview

The Fund seeks to provide above-market dividend yield through a portfolio of international developed markets stocks with a risk profile similar to broad international markets.

Effective July 20, 2020, the Fund changed its name from Virtus WMC Global Factor Opportunities ETF to Virtus WMC International Dividend ETF. The Fund's investment objective and principal investment strategies have been revised. Please see the prospectus for more information.

Management Team

Investment Partner

Wellington Management Company LLP

With over $1 trillion in client assets under management, Wellington Management serves as an investment adviser to more than 2,150 institutions located in over 65 countries. Wellington's expertise is investments - from global equities and fixed income to currencies and commodities. The firm's most distinctive strength is its proprietary, independent research, which is shared across all areas of the organization and used only for managing client portfolios. Wellington Management Company LLP was founded in 1928 and is based in Boston, Massachusetts with additional offices in Radnor, Pennsylvania, San Francisco, California, Marlborough, Massachusetts, and Chicago, Illinois.


Investment Professionals

Gregg R. Thomas, CFA

Senior Managing Director, Partner, Director of Investment Strategy and Portfolio Manager

Industry start date: 1993
Start date as fund Portfolio Manager: 2017

Thomas S. Simon, CFA, FRM

Senior Managing Director, Portfolio Manager

Industry start date: 2001
Start date as fund Portfolio Manager: 2017

Key Features

High Dividend Potential

Broad diversification across a portfolio of international stocks tilted towards those forecasted to have above-average dividend yields

Actively Managed

A quantitative process informed by fundamentals that strives to broaden the opportunity set beyond traditional high dividend yield strategies

Risk-Aware

Wellington seeks to balance the most attractive yield opportunities while minimizing factor, country, sector, and currency risks

Positions & Distributions

Top Holdings (% Fund)

(as of 08/05/2020)
Security
JAPAN TOBACCO INC
2.08
 2.08
NESTLE SA-REG
2.07
 2.07
PCCW LTD
2.00
 2.00
ROCHE HOLDING AG-GENUSSCHEIN
1.94
 1.94
NOVARTIS AG-REG
1.93
 1.93
AXA SA
1.87
 1.87
AVIVA PLC
1.75
 1.75
ENBRIDGE INC
1.63
 1.63
BCE INC
1.60
 1.60
BRITISH AMERICAN TOBACCO PLC
1.41
 1.41

Does not include cash/cash equivalents.

Distribution History2

Ex-Date Record Date Payable Date Dividend Income ST Capital Gains LT Capital Gains Distribution Total
12/20/2019 12/23/2019 12/30/2019 0.545490 0.000000 0.000000 0.545490

Performance & Risk

Performance

As of
As of
1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Years Since Inception

Performance data quoted represents past results. Past performance is no guarantee of future results and current performance may be higher or lower than the performance shown. Investment return and principal value will fluctuate, so your shares, when redeemed, may be worth more or less than their original cost.

Fees & Expenses

Total Expense Ratio 0.49
The Total Expense Ratio represents the Fund's Total Annual Fund Operating Expenses, which includes the management fee and other expenses where applicable, except for certain payments that are paid directly by the Fund, as described in the Prospectus.

Sales Charge and Expenses

The Total Expense Ratio represents the Fund's Total Annual Fund Operating Expenses, which includes the management fee and other expenses where applicable, except for certain payments that are paid directly by the Fund, as described in the Prospectus.

Premium/Discount

Number of Days Fund has Traded at a:
Discount Premium
Period Less than -2% -1.51% to -2.00% -1.01% to -1.50% -0.51% to -1.00% -0.01% to -0.50% 0.00% to 0.50% 0.51% to 1.00% 1.01% to 1.50% 1.51% to 2.00% Greater than 2%
2018-Q3: 7/2/2018 through 9/28/2018 0 0 0 0 0 57 6 0 0 0
2018-Q4: 10/1/2018 through 12/31/2018 0 0 1 0 8 35 19 0 0 0
2019-Q1: 1/2/2019 through 3/29/2019 0 0 0 0 0 47 14 0 0 0
2019-Q2: 4/1/2019 through 6/28/2019 0 0 0 0 0 57 6 0 0 0
2019-Q3: 7/1/2019 through 9/30/2019 0 0 0 0 5 54 5 0 0 0
2019-Q4: 10/1/2019 through 12/31/2019 0 0 0 0 0 56 8 0 0 0
2020-Q1: 1/2/2020 through 3/31/2020 0 1 0 2 10 35 9 3 2 0
2020-Q2: 4/1/2020 through 6/30/2020 0 0 0 0 5 46 12 0 0 0

Risk Considerations

Exchange-Traded Funds (ETF): The value of an ETF may be more volatile than the underlying portfolio of securities it is designed to track. The costs of owning the ETF may exceed the cost of investing directly in the underlying securities.
Equity Securities: The market price of equity securities may be adversely affected by financial market, industry, or issuer-specific events. Focus on a particular style or on small or medium-sized companies may enhance that risk.
Foreign Investing: Investing internationally involves additional risks such as currency, political, accounting, economic, and market risk.
Dividend Paying Securities: Issuers that have paid regular dividends or distributions may not continue to do so in the future and can fall out of favor with the market, which may cause the portfolio to underperform. Securities with higher dividend yields can be sensitive to interest rate movements: when interest rates rise, the prices of these securities may fall.
Geographic Concentration: A fund that focuses its investments in a particular geographic location will be highly sensitive to financial, economic, political, and other developments affecting the fiscal stability of that location.
Market Price/NAV: At the time of purchase and/or sale, an investor's shares may have a market price that is above or below the fund's NAV, which may increase the investor's risk of loss.
Market Volatility: Local, regional, or global events such as war, acts of terrorism, the spread of infectious illness or other public health issues, recessions, or other events could have a significant impact on the portfolio and its investments, including hampering the ability of the portfolio manager(s) to invest the portfolio's assets as intended.
Prospectus: For additional information on risks, please see the fund's prospectus.

Documents & Resources

Marketing Materials

Virtus WMC International Dividend ETF Fact Sheet
Virtus ETF Ticker Menu
Precision Exposure Across Non-Traditional Sources of Income

Holdings

Positions VWID

Financial Materials

Virtus WMC International Dividend ETF (VWID) - Prospectus - July 2020
ETFis Series Trust I XBRL 497
ETFis Series Trust I XBRL 485(b)
Virtus WMC International Dividend ETF (VWID) - SAI - July 2020
ETFis Series Trust I Annual Report - Oct 2019
ETFis Series Trust I Semi-Annual Report - April 2020

Please consider the investment objectives, risks, charges and expenses of the Fund carefully before investing. The prospectus contains this and other information about the Fund. Contact us at 1-888-383-0553 or visit www.virtusetfs.com for a copy of the Fund's prospectus. Read the prospectus carefully before you invest or send money.

The Fund is an actively managed exchange-traded fund (“ETF”) and does not seek to replicate the performance of a specified index. The Fund may have a higher portfolio turnover than funds that seek to replicate the performance of an index.

Performance data quoted represents past results. Past performance is no guarantee of future results and current performance may be higher or lower than the performance shown. Investment return and principal value will fluctuate so your shares, when redeemed, may be worth more or less than their original cost.

Closing Price:
 The Closing Price is the price of the last reported trade on the fund's primary exchange. If there has been no reported trade for a particular date, the Closing Price represents the 4PM Bid/Offer Midpoint. 

4PM Bid/Offer Midpoint: The midpoint between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund's NAV is calculated (usually 4:00pm Eastern Time).

Premium/Discount: The amount the Fund is trading above or below the reported NAV (based on 4PM Bid/Offer Midpoint).

The Fund is an exchange-traded fund (“ETF”). The “net asset value” (NAV) of the Fund is determined at the close of each business day, and represents the dollar value of one share of the Fund; it is calculated by taking the total assets of the Fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV of the Fund is not necessarily the same as its intraday trading value. Fund investors should not expect to buy or sell shares at NAV because shares of ETFs such as the Fund are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Thus, shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns.

NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV, and include the reinvestment of all dividends and other distributions (reinvested at the Fund's NAV on distribution ex-date). Market price returns are calculated using the 4:00 pm midpoint between the bid and offer, and include the reinvestment of all dividends and other distributions (reinvested at the 4:00pm bid/offer midpoint on distribution ex-date). Market price returns do not represent the return you would receive if you traded at other times.

2 Distribution History: Distributions are represented on a cash basis and may be reclassified at year end for tax purposes. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes. STCG: Short Term Capital Gain, LTCG: Long Term Capital Gain

Returns for periods of less than one year are cumulative total returns.

Not insured by FDIC/NCUSIF or any federal government agency. No bank guarantee. Not a deposit. May lose value.