(VIDI) Vident International Equity - Overview

Vident International Equity Fund (NYSE ARCA: VIDI) is a U.S.-registered ETF that seeks to track a rules-based, systematic index of large-value equities issued outside the United States. In practice, at least 80 % of its net assets (excluding securities-lending collateral) are allocated to the index’s component stocks and their depositary receipts, giving the fund exposure to developed- and emerging-market issuers while deliberately avoiding any U.S. exposure.

Key recent metrics (as of the 2025-Q4 fund report, filed Feb 2026):
• Expense ratio: 0.45 % (industry-average for foreign large-value ETFs ≈ 0.48 %).
• Assets under management (AUM): ≈ $1.2 billion, up 7 % YoY, reflecting continued inflows into non-U.S. value strategies.
• Top sector allocations: Financials ≈ 25 %, Consumer Staples ≈ 15 %, Industrials ≈ 13 % – a tilt that aligns with the fund’s value bias and the higher dividend yields typical of these sectors.
• Performance YTD (2026): +4.2 % versus the MSCI World ex-US Value Index (+3.8 %).

Macro drivers that are likely to influence VIDI’s performance include: (1) the pace of emerging-market GDP growth, which the IMF projects at 4.6 % for 2026, supporting earnings for the fund’s non-U.S. constituents; (2) global interest-rate trends, as higher rates can compress equity multiples but also boost financial-sector profitability; and (3) commodity price cycles, which disproportionately affect emerging-market exporters that dominate the fund’s holdings.

If you want a deeper quantitative breakdown of VIDI’s risk-adjusted returns and factor exposures, a quick look at ValueRay’s analytics could be a useful next step.