Vident International Equity Etf Profile
| VIDI Etf | USD 24.16 0.08 0.33% |
Performance5 of 100
| Odds Of DistressLess than 9
|
Vident International is trading at 24.16 as of the 19th of April 2024. This is a 0.33 percent increase since the beginning of the trading day. The etf's open price was 24.08. Vident International has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest 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 20th of March 2024 and ending today, the 19th of April 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
Moving together with Vident Etf
| 0.92 | EFV | iShares MSCI EAFE | PairCorr |
| 0.97 | FNDF | Schwab Fundamental | PairCorr |
| 0.94 | VYMI | Vanguard International | PairCorr |
| 0.72 | IDV | iShares International | PairCorr |
| 0.91 | DFIV | Dimensional International | PairCorr |
| 0.94 | IVLU | iShares Edge MSCI | PairCorr |
| 0.85 | RODM | Hartford Multifactor | PairCorr |
Vident Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Vident International's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Vident International or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| 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 | 363.76 Million |
| Average Trading Valume | 74,126.1 |
| 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 | 249 |
| Market Maker | Virtu Financial |
| Total Expense | 0.61 |
| Management Fee | 0.61 |
| Country Name | USA |
| Returns Y T D | (1.85) |
| Name | Vident International Equity Fund |
| Currency Code | USD |
| Open Figi | BBG005HJNZD1 |
| In Threey Volatility | 17.41 |
| 1y Volatility | 17.4 |
| 200 Day M A | 23.5986 |
| 50 Day M A | 24.5526 |
| Code | VIDI |
| Updated At | 18th of April 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 -0.4%.
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 |
Vident International Target Price Odds Analysis
Coming from a normal probability distribution, the odds of Vident International jumping above the current price in 90 days from now is about 66.59%. The Vident International Equity probability density function shows the probability of Vident International etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Vident International has a beta of 0.0845. This entails as returns on the market go up, Vident International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Vident International Equity will be expected to be much smaller as well. Additionally, vident International Equity has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Vident International to move above the current price in 90 days from now is about 66.59 (This Vident International Equity probability density function shows the probability of Vident Etf to fall within a particular range of prices over 90 days) .
Vident International Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Vident International market risk premium is the additional return an investor will receive from holding Vident International long position in a well-diversified portfolio. 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. Although Vident International's alpha and beta are two of the key measurements used to evaluate Vident International's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0036 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.08) |
Vident International Against Markets
Picking the right benchmark for Vident International etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Vident International etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Vident International is critical whether you are bullish or bearish towards Vident International Equity at a given time. Please also check how Vident International's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Vident International without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Portfolio OptimizationCompute new portfolio that will generate highest expected return given your specified tolerance for risk |
| All Next | Launch Module |
How to buy Vident Etf?
Before investing in Vident International, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Vident International. To buy Vident International etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Vident International. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Vident International etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Vident International Equity etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Vident International Equity etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Vident International Equity, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Vident Etf please use our How to Invest in Vident International guide.
Already Invested in Vident International Equity?
The danger of trading Vident International Equity is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Vident International is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Vident International. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Vident International is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Vident International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vident International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vident International Equity Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Vident International Equity Etf: 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 tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Vident International information on this page should be used as a complementary analysis to other Vident International's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for 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.