Vident International Equity Etf Profile
| VIDI Etf | USD 25.94 0.11 0.43% |
Performance1 of 100
| Odds Of DistressLess than 9
|
Vident International is trading at 25.94 as of the 28th of November 2024. This is a 0.43 percent increase since the beginning of the trading day. The etf's open price was 25.83. Vident International has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Vident International Equity are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Under normal circumstances, at least 80 percent of the funds total assets will be invested in the component securities of the index and depositary receipts representing such component securities. Vident Intl is traded on NYSEARCA Exchange in the United States. More on Vident International Equity
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Vident Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Broad Equity ETFs, Foreign Large Value, Vident Financial (View all Sectors) |
| Issuer | Vident Financial |
| Inception Date | 2013-10-29 |
| Benchmark | Vident International Equity Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 334.24 Million |
| Average Trading Valume | 15,863.5 |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Blended Development |
| Region | Global ex-U.S. |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Exchange Traded Concepts, LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Quasar Distributors, LLC |
| Portfolio Manager | Rafael Zayas, Austin Wen, Ryan Dofflemeyer |
| Transfer Agent | U.S. Bank, N.A. |
| Fiscal Year End | 31-Aug |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 251 |
| Market Maker | Virtu Financial |
| Total Expense | 0.61 |
| Management Fee | 0.61 |
| Country Name | USA |
| Returns Y T D | 6.87 |
| Name | Vident International Equity Fund |
| Currency Code | USD |
| Open Figi | BBG005HJNZD1 |
| In Threey Volatility | 17.8 |
| 1y Volatility | 13.62 |
| 200 Day M A | 25.4124 |
| 50 Day M A | 26.328 |
| Code | VIDI |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
Vident International Equity [VIDI] is traded in USA and was established 2013-10-29. The fund is listed under Foreign Large Value category and is part of Vident Financial family. The entity is thematically classified as Strategy ETFs. Vident International at this time have 299.09 M in net assets. , while the total return for the last 3 years was 4.9%.
Check Vident International Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Vident Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Vident Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Vident International Equity Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Vident International Currency Exposure
Vident International Equity holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Vident International will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Vident International Equity.
Top Vident International Equity Etf Constituents
| CHJTF | CSPC Pharmaceutical Group | Pink Sheet | Drug Manufacturers—General | |
| OMVJF | OMV Aktiengesellschaft | Pink Sheet | Oil & Gas Integrated | |
| AIPUF | Airports of Thailand | Pink Sheet | US Pink Sheet | |
| YSHLF | Yangzijiang Shipbuilding | Pink Sheet | Aerospace & Defense | |
| GRMN | Garmin | Stock | Consumer Discretionary | |
| MNK | Mallinckrodt Plc | Stock | Health Care | |
| MDT | Medtronic PLC | Stock | Health Care | |
| ICLR | ICON PLC | Stock | Health Care |
Vident International Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Vident International. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.011 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.11) |
Vident International Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vident International Equity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of Vident International is measured differently than its book value, which is the value of Vident that is recorded on the company's balance sheet. Investors also form their own opinion of Vident International's value that differs from its market value or its book value, called intrinsic value, which is Vident International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Vident International's market value can be influenced by many factors that don't directly affect Vident International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Vident International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vident International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vident International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.