VWID

VWID is a portfolio of developed ex-US companies tilted towards those with high dividend potential. The fund is actively-managed but uses a systematic selection process. Selection begins by screening the constituents of the MSCI World ex USA Index for stocks with above market consensus forecast for dividends and/or below market beta. The end portfolio targets a dividend yield roughly 2.5% above the universe and a beta of 0.9. The fund is composed of approximately 150-250 all-cap securities including common and preferred stock, ADRs, GDRs and REITs. VWID also diversifies its investment across industries and countries in its attempt to minimize factor, country, sector, and currency risks, and achieve a risk profile similar to broad international market. Prior to July 20, 2020, the fund was a factor-based global equity ETF traded as Virtus WMC Global Factor Opportunities ETF under ticker VGFO.