Vident International Equity Fund (VIDI)

Overview

The Vident International Equity Fund (VIDI) seeks long-term capital appreciation by investing in international equity securities, primarily focusing on developed markets. It employs a fundamental, valuation-driven approach to identify undervalued companies with strong growth potential and sustainable business models. The fund provides exposure to a diversified portfolio of international stocks, excluding the United States.

Reputation and Reliability

Vident Investment Advisory has a relatively short track record in the ETF market compared to larger, established issuers. Its reputation is built on providing innovative and unique investment strategies. Reliability depends on consistent strategy execution.

Management Expertise

The management team is composed of experienced investment professionals with a background in international equity investing and fundamental analysis.

Goal

The primary investment goal is long-term capital appreciation.

Investment Approach and Strategy

Strategy: VIDI employs a fundamental, valuation-driven approach, selecting securities based on quantitative and qualitative research to identify undervalued opportunities.

Composition The fund holds a diversified portfolio of international equity securities, primarily focusing on developed markets.

Market Share: VIDI's market share in the international equity ETF sector is relatively small compared to larger, more established funds.

Total Net Assets (AUM): 57630859

Key Competitors

• VEA
• IXUS
• ACWX

Competitive Landscape

The international equity ETF market is highly competitive, dominated by large, low-cost funds. VIDI's advantage lies in its fundamental, valuation-driven approach, which may appeal to investors seeking active management. However, it faces challenges in attracting assets due to its higher expense ratio and smaller size compared to its competitors.

Historical Performance: Historical performance data is needed for presentation.

Benchmark Comparison: Comparative data against a benchmark such as the MSCI EAFE index is needed for presentation.

Expense Ratio: 0.65

Average Trading Volume

The average trading volume of VIDI is moderate, which can affect ease of entry and exit for larger positions.

Bid-Ask Spread

The bid-ask spread can fluctuate depending on market conditions and trading volume, impacting transaction costs.

Market Environment Factors

Economic indicators in developed markets, geopolitical events, and currency fluctuations influence VIDI's performance. Changes in investor sentiment towards international equities also play a role.

Growth Trajectory

VIDI's growth depends on its ability to attract assets through consistent performance and effective marketing of its investment strategy. There have been no major strategic changes recently.

Competitive Edge

VIDI's competitive edge stems from its fundamental, valuation-driven approach, which aims to identify undervalued companies with strong growth potential. This strategy differentiates it from passively managed index funds. The focus on sustainable business models and qualitative research further enhances its investment process. However, it needs more AUM to achieve economy of scale and be more competitive with similar ETF's expense ratios.

Volatility

VIDI's volatility is typical for an international equity fund, influenced by global market fluctuations and currency risk.

Market Risk

The underlying assets are subject to market risk, including economic downturns, political instability, and company-specific events in international markets.

Ideal Investor Profile

The ideal investor is seeking long-term capital appreciation through exposure to international equities, is comfortable with the risks associated with international investing, and believes in the fund's valuation-driven approach.

Market Risk

VIDI is best suited for long-term investors seeking diversification and exposure to international markets, and who are not strictly passive index followers.

VIDI is an international equity ETF that employs a fundamental, valuation-driven approach. Its competitive edge is its unique investment strategy, but it faces challenges due to its smaller size and higher expense ratio compared to its competitors. The fund is suitable for long-term investors seeking exposure to international equities and who believe in the fund's active management approach. Its performance is linked to the global economic environment and international markets. Investors should consider the fund's volatility and risk profile before investing.

Data Sources:

• SEC Filings
• ETF.com
• Morningstar
• Company Website

Disclaimers:

The data and analysis provided are for informational purposes only and do not constitute investment advice. Investors should conduct their own research and consult with a financial advisor before making any investment decisions.