The Vident International Equity Strategy ETF (VIDI) offers unique investment opportunities for those looking to diversify their portfolios.
So, what’s the deal with smart beta ETFs? They’re a bit different from the usual market cap-weighted funds. While those are great for tracking the market, smart beta funds aim to pick stocks based on specific strategies. This can help investors potentially beat the market by focusing on stocks with better risk-return profiles.
VIDI is managed by Vident Financial and has over $319 million in assets. It aims to match the performance of the Vident International Equity Index, which carefully selects stocks from both developed and emerging markets.
When it comes to costs, VIDI has an expense ratio of 0.61%, which is pretty standard for this type of fund. Plus, it offers a decent dividend yield of 4.91%.
Investors love the transparency of ETFs, and VIDI is no exception. It discloses its holdings daily, which helps you keep track of where your money is going. The fund’s top holdings include companies like Hellofresh and Geely Automobile, making up a small percentage of its total assets.
Looking at performance, VIDI has seen a slight increase of about 0.37% this year and a more impressive 10.68% over the past year. It’s considered a medium-risk option, with a good mix of around 253 holdings to spread out risk.
If you’re considering alternatives, there are other ETFs like the Vanguard Total International Stock ETF and the Vanguard FTSE Developed Markets ETF, which have lower expense ratios and larger asset bases.
In summary, VIDI is a solid choice for those wanting to explore international equities, but it’s always good to compare with other options to find what fits your investment goals best. If you want to dive deeper into ETFs, check out resources like Zacks ETF Center for more insights.
