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ETFs

Vident International Equity Strategy

VIDI
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 29 2013
Expense Ratio
0.61%
Type
Global Ex. US Equities
Fund Owner
Vident
Volume (1m avg. daily)
$508,893
AUM
$352,166,700
Associated Index
Vident Core International Equity Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
Cash & Other
1.16%
3231
WISTRON CORP
1.14%
2376
GIGA-BYTE TECH
0.83%
HART
HARTALEGA HOLDINGS BHD
0.68%
2301
LITE-ON TECHNOLOGY CORP
0.67%
2377
MICRO-STAR INTERNATIONAL CO
0.67%
000990
DB HiTek Co. Ltd
0.67%
3320
China Resources Pharmaceutical Group Limited
0.65%
1911
Sumitomo Forestry Co. Ltd.
0.65%
000270
Kia Corporation
0.64%
Invest with VIDI

What is VIDI?

Vident International Equity Strategy ETF seeks to track the performance, before fees and expenses, of the Vident Core International Equity Index (VIEQX). The Index is a rules-based, systematic strategy index comprised of equity securities of issuers in developed and emerging markets outside of the United States. The strategy seeks to provide a systematic and optimized investment process that addresses the risks and opportunities of allocating capital in and among international equities. The Index employs a multi-factor model for scoring and ranking stocks listed on a securities exchange within each country in the Index universe.

ETFs related toVIDI

ETFs correlated to VIDI include DFAX, VYMI, IQDF

VIDI
WisdomTree Trust - Vident International Equity Strategy ETF
DFAX
Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF
VYMI
Vanguard Group, Inc. - Vanguard International High Dividend Yield ETF
IQDF
FlexShares Trust - FlexShares International Quality Dividend Index Fund
VXUS
Vanguard Group, Inc. - Vanguard Total International Stock ETF
VEU
Vanguard Group, Inc. - Vanguard FTSE All-World ex-US ETF
ACWX
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ex US ETF
FGD
First Trust Exchange-Traded Fund III - First Trust Dow Jones Global Select Dividend Index Fund
FNDF
Schwab Strategic Trust - Schwab Fundamental International Large Company Index ETF
CWI
SSgA Active Trust - SPDR MSCI ACWI ex-US ETF
ICOW
Pacer Funds Trust - Pacer Developed Markets International Cash Cows 100 ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toVIDI

#DPE

Diversify with Private Equity

Category

Getting Started, Go Global, Diversification

Risk Rating

Moderate

#DAVID

Copy David Swensen

Category

Classic, Copy the Greats

Risk Rating

Moderate

Create your own algorithmic trading strategy with VIDI using Composer

FAQ

VIDI is a Global Ex. US Equities ETF. Vident International Equity Strategy ETF seeks to track the performance, before fees and expenses, of the Vident Core International Equity Index (VIEQX). The Index is a rules-based, systematic strategy index comprised of equity securities of issuers in developed and emerging markets outside of the United States. The strategy seeks to provide a systematic and optimized investment process that addresses the risks and opportunities of allocating capital in and among international equities. The Index employs a multi-factor model for scoring and ranking stocks listed on a securities exchange within each country in the Index universe.

VIDI tracks the Vident Core International Equity Index.

No, VIDI is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, VIDI is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on VIDI is -0.0408%. This is the percent change in the value of VIDI over the most recent 1-month period. The 3-month return on VIDI is -0.0306%. This is the percent change in the value of VIDI over the most recent 3-month period.

The standard deviation of VIDI for the past year is 0.1874%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to VIDI include IGF, EFG, and PBW.

ETFs correlated to VIDI include DFAX, VYMI, and IQDF.

ETFs that are inversely correlated to VIDI include EPV, EDZ, and TWM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.