Virtus WMC International Dividend ETF

Virtus WMC International Dividend ETF (VWID) is an actively managed fund in which Wellington Management picks dividend-paying stocks from developed markets outside the US, aiming for a higher yield than the MSCI World ex USA Index. Its yearly fee of 0.49% is the highest among similar funds and nearly double their 0.25% average. With about $13 million in assets as of January 30, 2026, it is also the smallest in that group.

• Over the year to Oct 27, 2026, VWID returned +15.5%, 7th of 9 among similar funds.
• Its 5-year annualized return was +12.2%.
• Its worst full calendar year was 2022 (-6.4%); its best was 2025 (+41.7%).
• The deepest fall in its price history was 24.3% (Feb 9, 2022 to Oct 12, 2022), recovered by Jul 25, 2023.

As of Jan 30, 2026, the fund held 143 securities; the ten largest made up 19.03% of assets.

• Over the three months to Jan 30, 2026, investors withdrew a net $1.8M (creations minus redemptions, per the N-PORT report).
• Monthly total returns reported for that quarter: +3.30%, +4.20%, +4.18%.

VWID does not track an index. Virtus Investment Partners sponsors it, and Wellington Management Company LLP, hired as sub-adviser, picks the holdings with one goal: income. At least 80% of net assets normally go into dividend-paying stocks that Wellington expects to yield more than the MSCI World ex USA Index, a benchmark of developed-market companies outside the US, over a full market cycle of ups and downs.

From every stock in that index, Wellington's systematic process, drawing on numerical and judgment-based research, narrows the list to a smaller set, with forecast dividend yield as the main yardstick. It also aims to limit industry, country and currency risk by diversifying across industries and at least three non-US countries. Holdings can include common and preferred stock, depositary receipts (certificates representing foreign shares) and real estate investment trusts. Position sizes and trades follow that process, not index rules. Turnover, the share of the portfolio traded in a year, was 30%.

As of January 30, 2026, the fund held 143 positions; the 10 largest, led by Allianz, Rio Tinto and Toyota, made up 19% of assets. Japan (18%) and the UK (13%) were its biggest country weights, and as of October 31, 2025, it leaned toward financial stocks. It held no derivatives, so currency swings against the dollar flow through to returns.

• VWID charges 0.49% a year, versus an average of 0.25% for the similar funds below (9th of 9, cheapest first).
• Using the prospectus's standard example, $10,000 invested would cost about $50 in the first year and $616 over 10 years (assuming a 5% annual return).

It mainly adds dividend-paying stocks from Japan, Europe and Canada to a portfolio, while its 2.23% trailing yield as of October 27, 2026, paid twice a year, is modest for an income role.

VWID could add dividend-paying stocks from developed markets outside the US. Launched in 2017, it has no 2008 record. It lost 22.22% in the first quarter of 2020 but ended that year up 4.97%. From February 9 to October 12, 2022, it fell 24.3%, then took about 9.4 months, until July 2023, to regain its peak. Its worst calendar year was 2018, down 10.2%. Withdrawals in late 2022 would have meant cashing in shares at depressed prices.

Income is modest: the trailing yield, based on the past year's dividends, was 2.23% as of October 27, 2026, paid twice a year. Its 0.49% yearly fee is nearly double the 0.25% average for similar funds; in the SEC's standard example, $10,000 growing 5% a year would incur $616 in costs over 10 years. Past results don't predict the future, and a plan should look at the whole portfolio, not one fund.

Matched by holdings overlap from the latest N-PORT reports.