Virtus AlphaSimplex Managed
Futures ETF
ASMF /
NYSE
Arca, Inc.
What were the Fund costs for the period?
(Based on a hypothetical $10,000 investment)
|
Fund |
Costs
of a $10,000 investment |
Costs
paid as a percentage of a $10,000 investment |
|---|---|---|
|
Virtus
AlphaSimplex Managed Futures ETF |
$ |
|
Commentary by AlphaSimplex Group, LLC
For the fiscal year ended July 31, 2025, the Fund at NAV returned -10.15%. For the same period, the FT Wilshire 5000 Index, a broad-based securities market index, returned 15.67%, and the ICE BofA US Treasury Bill 3 Month Index, which serves as the style-specific index, returned 4.57%.
What factors impacted Fund performance over the reporting period?
The Fund seeks to provide capital appreciation consistent with the risk and return characteristics of a basket of the largest managed futures funds in the world. The Fund takes a diversified approach to identifying price trends by combining index replication techniques with insights from AlphaSimplex’s own trend-following models. It takes positions in highly liquid futures contracts in 20 different assets across global equity, bond, currency, and commodity markets. For the fiscal year ended July 31, 2025, the Fund’s losses were driven by long positions in equity markets, with additional losses from fixed income, currencies, and commodities as trends in these markets reversed multiple times.
FACTOR
IMPACT
SUMMARY
Equities
Negative
As equity markets whipsawed, especially around tariff “Liberation Day” in April 2025, the Fund experienced losses from long positions in equities, particularly in international developed markets as represented by the EURO STOXX 50® Index and the Tokyo Stock Price Index.
Fixed income
Negative
The Fund moved between long and short positions in response to changing trends in bond markets. These positions led to losses, particularly from U.S. bonds.
Currencies
Negative
Currency losses were driven by long positions in foreign currencies while being short the U.S. dollar. The largest losses came from the Japanese yen and the euro. Short positions in the Australian dollar and the Canadian dollar provided some gains.
Commodities
Negative
Commodities were more mixed. The Fund had gains from long positions in gold, but these gains were outweighed by losses from other commodity markets (especially energies).
The preceding information is the opinion of the investment adviser and/or sub-adviser, as appropriate, through the end of the period stated. Any such opinions are subject to change at any time based upon market or other conditions and should not be relied upon as investment advice. Past performance is no guarantee of future results, and there is no guarantee that market forecasts will be realized.
How has the Fund historically performed?
The following graph compares the initial and subsequent account values over the life of the Fund. It assumes a $10,000 initial investment from inception, in an appropriate, broad-based securities market index and style-specific index for the same period. Performance assumes reinvestment of dividends and capital gains distributions.
Growth of $ 10,000
|
|
|
| |
|---|---|---|---|
|
5/15/24 |
$10,000 |
$ |
$ |
|
5/31/24 |
$10,076 |
$ |
$ |
|
6/30/24 |
$10,195 |
$ |
$ |
|
7/31/24 |
$10,075 |
$ |
$ |
|
8/31/24 |
$9,809 |
$ |
$ |
|
9/30/24 |
$9,977 |
$ |
$ |
|
10/31/24 |
$9,508 |
$ |
$ |
|
11/30/24 |
$9,478 |
$ |
$ |
|
12/31/24 |
$9,660 |
$ |
$ |
|
1/31/25 |
$9,822 |
$ |
$ |
|
2/28/25 |
$9,514 |
$ |
$ |
|
3/31/25 |
$9,415 |
$ |
$ |
|
4/30/25 |
$9,066 |
$ |
$ |
|
5/31/25 |
$9,109 |
$ |
$ |
|
6/30/25 |
$9,176 |
$ |
$ |
|
7/31/25 |
$9,053 |
$ |
$ |
|
ANNUAL
AVERAGE TOTAL RETURNS |
1
Year |
Since
Inception |
|---|---|---|
|
Virtus
AlphaSimplex Managed Futures ETF - NAV |
- |
- |
|
FT
Wilshire 5000 Index |
|
|
|
ICE
BofA US Treasury Bill 3 Month Index |
|
|
• The FT Wilshire 5000 Index is a broad-based free-float market capitalization-weighted index that aims to capture 100% of the U.S. investable market capitalization. The index is calculated on a total return basis with dividends reinvested. The index is unmanaged, its returns do not reflect any fees, expenses, or sales charges, and is not available for direct investment.
• The ICE BofA US Treasury Bill 3 Month Index measures performance of the three-month Treasury bill, based on monthly average auction rates. The index is calculated on a total return basis. The index is unmanaged, its returns do not reflect any fees, expenses, or sales charges, and is not available for direct investment.
KEY FUND STATISTICS (as of July 31, 2025)
|
Fund
net assets |
$ |
|---|---|
|
Total
number of portfolio holdings |
|
|
Total
advisory fees paid |
$ |
|
Portfolio
turnover rate |
|
% RISK ALLOCATION (includes futures contracts)
|
Commodities |
|
|---|---|
|
Currencies |
|
|
Equities |
|
|
Fixed
Income |
|
Material Changes to the Fund
This
is a summary of certain changes to the Fund since August 1, 2024. For more
complete information, you may review the Fund’s next prospectus, which we expect
to be available by November 28, 2025, at
Where can I find additional information about the Fund?
For
more information about the Fund, including its Prospectuses (Summary and
Statutory), Statement of Additional Information, Financial Statements &
Other Information, Fund holdings, and proxy voting information, please contact
us at
Householding
Shareholders who have consented to receive a single annual or semi-annual shareholder report at a shared address may revoke this
consent or request additional copies by calling Virtus ETFs at 1-888-383-0553.
8112
Virtus Duff & Phelps Clean
Energy ETF
VCLN /
NYSE
Arca, Inc.
What were the Fund costs for the period?
(Based on a hypothetical $10,000 investment)
|
Fund |
Costs
of a $10,000 investment |
Costs
paid as a percentage of a $10,000 investment |
|---|---|---|
|
Virtus
Duff & Phelps Clean Energy ETF |
$ |
|
Commentary by Duff & Phelps Investment Management Co.
For the fiscal year ended July 31, 2025, the Fund at NAV returned 10.64%. For the same period, the S&P Global Broad Market Index (net), a broad-based securities market index, returned 15.04%, and the S&P Global Clean Energy Transition Index (net), which serves as the style-specific index, returned -2.92%.
What factors impacted Fund performance over the reporting period?
Individual stock selection contributed the vast majority to positive returns relative to the S&P Global Clean Energy Transition Index (net) (“Index”), which serves as the Fund’s style-specific index, for the 12-month period ended July 31, 2025. By sector, exposure to industrials contributed the most to relative performance. Within this sector, an overweight position in a fuel cell manufacturer and specific out-of-benchmark holdings in engineering & construction and electrification equipment stocks were the largest contributors. An overweight to the energy sector also contributed to relative performance as the Fund owned out-of-benchmark holdings in a carbon capture solutions provider and a nuclear fuel company. Stock selection in the information technology sector detracted from performance. In terms of regional attribution, an underweight exposure to Brazil was slightly negative for relative performance during the period primarily due to utilities within that region.
FACTOR
IMPACT
SUMMARY
Industrials
Positive
Stock selection contributed to relative returns, particularly an overweight position in Bloom Energy; holding out-of-benchmark names Argan Inc., GE Vernova, and Maire SpA; and an underweight position in Vestas Wind Systems.
Energy
Positive
An overweight exposure to and stock selection within the sector, particularly in out-of-benchmark names DT Midstream and Cameco Corp., were positive for performance.
Information Technology
Negative
Sector allocation partially offset strong stock selection as the Fund was slightly overweight in information technology, which underperformed the Index.
Brazil
Negative
An underweight exposure to Brazil was slightly negative for relative performance during the period primarily due to utilities within that region, which outperformed the Index.
The preceding information is the opinion of the investment adviser and/or sub-adviser, as appropriate, through the end of the period stated. Any such opinions are subject to change at any time based upon market or other conditions and should not be relied upon as investment advice. Past performance is no guarantee of future results, and there is no guarantee that market forecasts will be realized.
How has the Fund historically performed?
The following graph compares the initial and subsequent account values over the life of the Fund. It assumes a $10,000 initial investment from inception, in an appropriate, broad-based securities market index and style-specific index for the same period. Performance assumes reinvestment of dividends and capital gains distributions.
Growth of $ 10,000
|
|
|
| |
|---|---|---|---|
|
8/3/21 |
$10,000 |
$ |
$ |
|
8/31/21 |
$10,225 |
$ |
$ |
|
9/30/21 |
$9,547 |
$ |
$ |
|
10/31/21 |
$10,969 |
$ |
$ |
|
11/30/21 |
$10,249 |
$ |
$ |
|
12/31/21 |
$9,544 |
$ |
$ |
|
1/31/22 |
$8,320 |
$ |
$ |
|
2/28/22 |
$9,017 |
$ |
$ |
|
3/31/22 |
$9,341 |
$ |
$ |
|
4/30/22 |
$8,355 |
$ |
$ |
|
5/31/22 |
$8,735 |
$ |
$ |
|
6/30/22 |
$8,083 |
$ |
$ |
|
7/31/22 |
$9,624 |
$ |
$ |
|
8/31/22 |
$9,602 |
$ |
$ |
|
9/30/22 |
$8,393 |
$ |
$ |
|
10/31/22 |
$8,487 |
$ |
$ |
|
11/30/22 |
$9,344 |
$ |
$ |
|
12/31/22 |
$8,813 |
$ |
$ |
|
1/31/23 |
$9,217 |
$ |
$ |
|
2/28/23 |
$8,730 |
$ |
$ |
|
3/31/23 |
$8,840 |
$ |
$ |
|
4/30/23 |
$8,387 |
$ |
$ |
|
5/31/23 |
$8,171 |
$ |
$ |
|
6/30/23 |
$8,350 |
$ |
$ |
|
7/31/23 |
$8,320 |
$ |
$ |
|
8/31/23 |
$7,404 |
$ |
$ |
|
9/30/23 |
$6,792 |
$ |
$ |
|
10/31/23 |
$6,227 |
$ |
$ |
|
11/30/23 |
$6,811 |
$ |
$ |
|
12/31/23 |
$7,281 |
$ |
$ |
|
1/31/24 |
$6,616 |
$ |
$ |
|
2/29/24 |
$6,637 |
$ |
$ |
|
3/31/24 |
$6,992 |
$ |
$ |
|
4/30/24 |
$6,837 |
$ |
$ |
|
5/31/24 |
$7,913 |
$ |
$ |
|
6/30/24 |
$7,054 |
$ |
$ |
|
7/31/24 |
$7,497 |
$ |
$ |
|
8/31/24 |
$7,580 |
$ |
$ |
|
9/30/24 |
$7,938 |
$ |
$ |
|
10/31/24 |
$7,249 |
$ |
$ |
|
11/30/24 |
$7,262 |
$ |
$ |
|
12/31/24 |
$6,709 |
$ |
$ |
|
1/31/25 |
$6,834 |
$ |
$ |
|
2/28/25 |
$6,659 |
$ |
$ |
|
3/31/25 |
$6,675 |
$ |
$ |
|
4/30/25 |
$6,847 |
$ |
$ |
|
5/31/25 |
$7,393 |
$ |
$ |
|
6/30/25 |
$7,848 |
$ |
$ |
|
7/31/25 |
$8,294 |
$ |
$ |
|
ANNUAL
AVERAGE TOTAL RETURNS |
1
Year |
Since
Inception |
|---|---|---|
|
Virtus
Duff & Phelps Clean Energy ETF - NAV |
|
- |
|
S&P
Global Broad Market Index (net) |
|
|
|
S&P
Global Clean Energy Transition Index (net) |
- |
- |
• The S&P Global Broad Market Index (net) is a float-adjusted market capitalization-weighted index that measures global stock market performance. The index is calculated on a total return basis with net dividends reinvested. The index is unmanaged, its returns do not reflect any fees, expenses, or sales charges, and is not available for direct investment.
• The S&P Global Clean Energy Transition Index (net) is designed to measure the performance of companies in global clean energy-related businesses from both developed and emerging markets, with a target constituent count of 100, calculated on a total return basis with net dividends reinvested. The index is unmanaged, its returns do not reflect any fees, expenses, or sales charges, and is not available for direct investment.
KEY FUND STATISTICS (as of July 31, 2025)
|
Fund
net assets |
$ |
|---|---|
|
Total
number of portfolio holdings |
|
|
Total
advisory fees paid |
$ |
|
Portfolio
turnover rate |
|
ASSET ALLOCATION Footnote Reference(1)
|
Utilities |
|
|---|---|
|
Industrials |
|
|
Information
Technology |
|
|
Energy |
|
|
Materials |
|
| Footnote | Description |
|
Footnote(1) |
Percentage of total investments as of July 31, 2025. |
Material Changes to the Fund
This
is a summary of certain changes to the Fund since August 1, 2024. For more
complete information, you may review the Fund’s next prospectus, which we expect
to be available by November 28, 2025, at
Where can I find additional information about the Fund?
For
more information about the Fund, including its Prospectuses (Summary and
Statutory), Statement of Additional Information, Financial Statements &
Other Information, Fund holdings, and proxy voting information, please contact
us at
Householding
Shareholders who have consented to receive a single annual or semi-annual shareholder report at a shared address may revoke this
consent or request additional copies by calling Virtus ETFs at 1-888-383-0553.
8133
Virtus KAR
Mid-Cap ETF
KMID /
NYSE
Arca, Inc.
What were the Fund costs for the period?
(Based on a hypothetical $10,000 investment)
|
Fund |
Costs
of a $10,000 investment |
Costs
paid as a percentage of a $10,000 investment |
|---|---|---|
|
Virtus
KAR Mid-Cap ETF |
$ |
|
| Footnote | Description |
|
Footnote(a) |
Portfolio Manager Commentary by Kayne Anderson Rudnick Investment Management, LLC
For the period October 15, 2024 (inception) to July 31, 2025, the Fund at NAV returned -1.68%. For the same period, the FT Wilshire 5000 Index, a broad-based securities market index, returned 9.74%, and the Russell Midcap® Index, which serves as the style-specific index, returned 6.16%.
What factors impacted Fund performance over the reporting period?
The Fund utilizes an actively managed, bottom-up fundamental research approach to identify a select group of companies believed by the Fund’s portfolio managers to possess sustainable competitive advantages. As such, the performance of the Fund will be determined by market reactions, both positive and negative, to activity related to these companies. Stock selection and overweights in both health care and industrials detracted from performance relative to the Russell Midcap® Index, which serves as the Fund’s style-specific index, from the Fund’s inception through the end of the fiscal year on July 31, 2025. Stock selection and an overweight in information technology, as well as an underweight in materials, contributed to performance. The biggest contributors to relative performance from the Fund’s inception to the end of the fiscal period were EMCOR Group, HEICO, Monolithic Power Systems, LPL Financial, and Teledyne Technologies. The biggest detractors from performance from inception to the end of the fiscal period were Align Technology, Old Dominion Freight Line, Cooper Companies, Fair Isaac, and West Pharmaceutical Companies.
FACTOR
IMPACT
SUMMARY
EMCOR Group
Positive
EMCOR delivered strong growth and profit margin expansion, benefiting from strong demand for its U.S. construction services across various end markets, notably datacenters, while continuing to grow its pipeline for future work.
HEICO
Positive
HEICO continued to execute in all business segments as demand for the company’s parts increased in both commercial and defense aircraft. The company continued to gain market share within the aviation industry.
Align Technology
Negative
Align saw sluggish demand for its orthodontic aligners as high interest rates impeded customers from choosing the company’s higher-priced alignment options over traditional bracket-and-wire braces.
Old Dominion Freight Line
Negative
Old Dominion Freight Line’s share price declined due to ongoing softness in the trucking market, which caused revenues and profits to decline during the period. Despite these negatives, Old Dominion’s recent quarterly results compared favorably to those of other carriers
The preceding information is the opinion of the investment adviser and/or sub-adviser, as appropriate, through the end of the period stated. Any such opinions are subject to change at any time based upon market or other conditions and should not be relied upon as investment advice. Past performance is no guarantee of future results, and there is no guarantee that market forecasts will be realized.
How has the Fund historically performed?
The following graph and table compare the initial and subsequent account values over the life of the Fund. It assumes a $10,000 initial investment from inception in an appropriate broad-based securities market index and style-specific index for the same period. Performance assumes reinvestment of dividends and capital gains distributions.
Growth of $ 10,000
|
|
|
| |
|---|---|---|---|
|
10/15/24 |
$10,000 |
$ |
$ |
|
10/31/24 |
$9,813 |
$ |
$ |
|
11/30/24 |
$10,469 |
$ |
$ |
|
12/31/24 |
$9,713 |
$ |
$ |
|
1/31/25 |
$10,068 |
$ |
$ |
|
2/28/25 |
$9,860 |
$ |
$ |
|
3/31/25 |
$9,478 |
$ |
$ |
|
4/30/25 |
$9,445 |
$ |
$ |
|
5/31/25 |
$9,852 |
$ |
$ |
|
6/30/25 |
$10,029 |
$ |
$ |
|
7/31/25 |
$9,832 |
$ |
$ |
|
ANNUAL
AVERAGE TOTAL RETURNS |
Since
Inception |
|---|---|
|
Virtus
KAR Mid-Cap ETF - NAV |
- |
|
FT
Wilshire 5000 Index |
|
|
Russell
Midcap®
Index |
|
• The FT Wilshire 5000 Index is a broad-based free-float market capitalization-weighted index that aims to capture 100% of the U.S. investable market capitalization. The index is calculated on a total return basis with dividends reinvested. The index is unmanaged, its returns do not reflect any fees, expenses, or sales charges, and is not available for direct investment.
• The Russell Midcap® Index is a free float-adjusted market capitalization-weighted index of medium-capitalization stocks of U.S. companies. The index is calculated on a total return basis with dividends reinvested. All companies that have a weight greater than 4.5% in aggregate are no more than 45% of the Index and no individual company has a weight greater than 22.5% of the Index. The index is unmanaged, its returns do not reflect any fees, expenses, or sales charges, and is not available for direct investment.
KEY FUND STATISTICS (as of July 31, 2025)
|
Fund
net assets |
$ |
|---|---|
|
Total
number of portfolio holdings |
|
|
Total
advisory fees paid |
$ |
|
Portfolio
turnover rate |
|
ASSET ALLOCATION Footnote Reference(1)
|
Industrials |
|
|---|---|
|
Information
Technology |
|
|
Financials |
|
|
Consumer
Discretionary |
|
|
Health
Care |
|
| Footnote | Description |
|
Footnote(1) |
Percentage of total investments as of July 31, 2025. |
Material Changes to the Fund
This
is a summary of certain changes to the Fund since August 1, 2024. For more
complete information, you may review the Fund’s next prospectus, which we expect
to be available by November 28, 2025, at
Where can I find additional information about the Fund?
For
more information about the Fund, including its Prospectuses (Summary and
Statutory), Statement of Additional Information, Financial Statements &
Other Information, Fund holdings, and proxy voting information, please contact
us at
Householding
Shareholders who have consented to receive a single annual or semi-annual shareholder report at a shared address may revoke this
consent or request additional copies by calling Virtus ETFs at 1-888-383-0553.
8672
Virtus Newfleet
ABS/MBS ETF
VABS /
NYSE
Arca, Inc.
What were the Fund costs for the period?
(Based on a hypothetical $10,000 investment)
|
Fund |
Costs
of a $10,000 investment |
Costs
paid as a percentage of a $10,000 investment |
|---|---|---|
|
Virtus
Newfleet ABS/MBS ETF |
$ |
|
Commentary by Newfleet Asset Management
For the fiscal year ended July 31, 2025, the Fund at NAV returned 6.43%. For the same period, the Bloomberg U.S. Aggregate Bond Index, a broad-based securities market index, returned 3.38%, and the ICE BofA 1-3 Year A-BBB US Corporate Index, which serves as the style-specific index, returned 5.48%.
What factors impacted Fund performance over the reporting period?
The Fund’s overweight in consumer, residential, and commercial loans contributed to the Fund’s outperformance relative to the ICE BofA 1-3 Year A-BBB US Corporate Index, which serves as the Fund’s style-specific index, for the 12-month period ended July 31, 2025. Due to a strong economy, consumer and commercial loan performance proved resilient. The Fund’s consumer exposure, particularly bonds that were lower in the capital structure such as a subordinate tranche of Veros Auto, performed well as investor demand increased for these securities. In addition, the Fund’s exposure to the U.S. housing market via non-agency mortgage-backed securities (MBS) including Progress Residential Trust benefited from the strong housing market. This exposure provided extra income and a better relative value play for the Fund versus agency MBS and investment grade corporate bonds. Lastly, the Fund’s security selection within the commercial mortgage-backed securities market via investments in single-asset, single-borrower floating rate deals proved valuable over the fiscal year. The Fund’s exposure to a senior-rated floating rate collateralized loan obligation (CLO) detracted from performance as interest rates moved lower.
FACTOR
IMPACT
SUMMARY
Progress Residential Trust
Positive
This residential MBS investment was backed by a single loan collateralized by roughly 2,100 single family rental units. The values of the related properties experienced significant equity appreciation over the period. This allowed the sponsor to refinance the deal at the full price and earlier than the expected maturity.
Veros Auto
Positive
This subordinate tranche, or security whose principal payments are subordinate to senior tranches in the transaction, was backed by a pool of subprime auto receivables. The security’s ratings were upgraded during the fiscal year driven by positive deal performance, which caused credit spreads to compress. Spread refers to the additional yield over the yield of a risk-free government bond.
Residential housing/MBS
Positive
A lack of existing home supply and tight underwriting standards for residential mortgages positively impacted the Fund’s performance by creating unmet demand.
Collateralized loan obligation (CLO)
Negative
The Fund’s exposure to a senior-rated floating rate CLO lagged in performance, driven primarily by a move lower in interest rates during the fiscal year.
The preceding information is the opinion of the investment adviser and/or sub-adviser, as appropriate, through the end of the period stated. Any such opinions are subject to change at any time based upon market or other conditions and should not be relied upon as investment advice. Past performance is no guarantee of future results, and there is no guarantee that market forecasts will be realized.
How has the Fund historically performed?
The following graph compares the initial and subsequent account values over the life of the Fund. It assumes a $10,000 initial investment from inception, in an appropriate, broad-based securities market index and style-specific index for the same period. Performance assumes reinvestment of dividends and capital gains distributions.
Growth of $ 10,000
|
|
|
| |
|---|---|---|---|
|
2/9/21 |
$10,000 |
$ |
$ |
|
2/28/21 |
$10,010 |
$ |
$ |
|
3/31/21 |
$9,987 |
$ |
$ |
|
4/30/21 |
$10,021 |
$ |
$ |
|
5/31/21 |
$10,047 |
$ |
$ |
|
6/30/21 |
$10,051 |
$ |
$ |
|
7/31/21 |
$10,085 |
$ |
$ |
|
8/31/21 |
$10,091 |
$ |
$ |
|
9/30/21 |
$10,082 |
$ |
$ |
|
10/31/21 |
$10,052 |
$ |
$ |
|
11/30/21 |
$10,047 |
$ |
$ |
|
12/31/21 |
$10,042 |
$ |
$ |
|
1/31/22 |
$9,994 |
$ |
$ |
|
2/28/22 |
$9,931 |
$ |
$ |
|
3/31/22 |
$9,792 |
$ |
$ |
|
4/30/22 |
$9,739 |
$ |
$ |
|
5/31/22 |
$9,703 |
$ |
$ |
|
6/30/22 |
$9,654 |
$ |
$ |
|
7/31/22 |
$9,669 |
$ |
$ |
|
8/31/22 |
$9,628 |
$ |
$ |
|
9/30/22 |
$9,504 |
$ |
$ |
|
10/31/22 |
$9,424 |
$ |
$ |
|
11/30/22 |
$9,472 |
$ |
$ |
|
12/31/22 |
$9,521 |
$ |
$ |
|
1/31/23 |
$9,705 |
$ |
$ |
|
2/28/23 |
$9,677 |
$ |
$ |
|
3/31/23 |
$9,753 |
$ |
$ |
|
4/30/23 |
$9,824 |
$ |
$ |
|
5/31/23 |
$9,822 |
$ |
$ |
|
6/30/23 |
$9,852 |
$ |
$ |
|
7/31/23 |
$9,922 |
$ |
$ |
|
8/31/23 |
$9,953 |
$ |
$ |
|
9/30/23 |
$9,994 |
$ |
$ |
|
10/31/23 |
$10,003 |
$ |
$ |
|
11/30/23 |
$10,110 |
$ |
$ |
|
12/31/23 |
$10,252 |
$ |
$ |
|
1/31/24 |
$10,342 |
$ |
$ |
|
2/29/24 |
$10,370 |
$ |
$ |
|
3/31/24 |
$10,451 |
$ |
$ |
|
4/30/24 |
$10,443 |
$ |
$ |
|
5/31/24 |
$10,524 |
$ |
$ |
|
6/30/24 |
$10,602 |
$ |
$ |
|
7/31/24 |
$10,733 |
$ |
$ |
|
8/31/24 |
$10,825 |
$ |
$ |
|
9/30/24 |
$10,926 |
$ |
$ |
|
10/31/24 |
$10,903 |
$ |
$ |
|
11/30/24 |
$10,975 |
$ |
$ |
|
12/31/24 |
$11,013 |
$ |
$ |
|
1/31/25 |
$11,093 |
$ |
$ |
|
2/28/25 |
$11,205 |
$ |
$ |
|
3/31/25 |
$11,213 |
$ |
$ |
|
4/30/25 |
$11,268 |
$ |
$ |
|
5/31/25 |
$11,307 |
$ |
$ |
|
6/30/25 |
$11,402 |
$ |
$ |
|
7/31/25 |
$11,424 |
$ |
$ |
|
ANNUAL
AVERAGE TOTAL RETURNS |
1
Year |
Since
Inception |
|---|---|---|
|
Virtus
Newfleet ABS/MBS ETF - NAV |
|
|
|
Bloomberg
U.S. Aggregate Bond Index |
|
- |
|
ICE
BofA 1-3 Year A-BBB US Corporate Index |
|
|
• The Bloomberg U.S. Aggregate Bond Index measures the U.S. investment grade fixed rate bond market. The index is calculated on a total return basis. The index is unmanaged, its returns do not reflect any fees, expenses, or sales charges, and is not available for direct investment.
• The ICE BofA 1-3 Year A-BBB US Corporate Index measures performance of U.S. corporate bond issues rated A through BBB, inclusive (based on an average of Moody's, S&P and Fitch), with a remaining term to final maturity less than 3 years. The index is calculated on a total return basis. The index is unmanaged, its returns do not reflect any fees, expenses, or sales charges, and is not available for direct investment.
KEY FUND STATISTICS (as of July 31, 2025)
|
Fund
net assets |
$ |
|---|---|
|
Total
number of portfolio holdings |
|
|
Total
advisory fees paid |
$ |
|
Portfolio
turnover rate |
|
ASSET ALLOCATION Footnote Reference(1)
|
Asset
Backed Securities |
|
|---|---|
|
Mortgage
Backed Securities |
|
|
Corporate
Bond |
|
| Footnote | Description |
|
Footnote(1) |
Percentage of total investments as of July 31, 2025. |
Material Changes to the Fund
This
is a summary of certain changes to the Fund since August 1, 2024. For more
complete information, you may review the Fund’s next prospectus, which we expect
to be available by November 28, 2025, at
Where can I find additional information about the Fund?
For
more information about the Fund, including its Prospectuses (Summary and
Statutory), Statement of Additional Information, Financial Statements &
Other Information, Fund holdings, and proxy voting information, please contact
us at
Householding
Shareholders who have consented to receive a single annual or semi-annual shareholder report at a shared address may revoke this
consent or request additional copies by calling Virtus ETFs at 1-888-383-0553.
8256
Virtus Newfleet Short Duration Core Plus
Bond ETF
SDCP /
NYSE
Arca, Inc.
What were the Fund costs for the period?
(Based on a hypothetical $10,000 investment)
|
Fund |
Costs
of a $10,000 investment |
Costs
paid as a percentage of a $10,000 investment |
|---|---|---|
|
Virtus
Newfleet Short Duration Core Plus Bond ETF |
$ |
|
Commentary by Newfleet Asset Management
For the fiscal year ended July 31, 2025, the Fund at NAV returned 5.57%. For the same period, the Bloomberg U.S. Aggregate Bond Index, a broad-based securities market index, returned 3.38%, and the ICE BofA 1-5 Year Corporate & Government Bond Index, which serves as the style-specific index, returned 4.79%.
What factors impacted Fund performance over the reporting period?
Sector allocation and issue selection contributed positively to performance relative to the ICE BofA 1-5 Year Corporate & Government Bond Index, which serves as the Fund’s style-specific index (“Index”), for the 12-month period ended July 31, 2025. The Fund’s underweight in U.S. Treasuries was a key contributor to performance. Allocation to and issue selection within the asset-backed securities (ABS) sector had a positive impact on performance during the period. Allocation to high yield corporate bonds was a contributor to performance, however, issue selection within the sector detracted. The Fund’s shorter duration, or sensitivity to changes in interest rates, versus the Index detracted from performance.
FACTOR
IMPACT
SUMMARY
U.S. Treasuries
Positive
The Fund’s underweight in U.S. Treasuries had a positive impact, as spread sectors (investments other than risk-free government debt) outperformed during the period.
Asset-Backed Securities (ABS)
Positive
Allocation to and issue selection within the sector had a positive impact on performance during the reporting period. Consumer strength remained resilient, bond structures remained solid, and ABS spreads were attractive relative to those of investment grade corporate bonds. Spread refers to the additional yield over the yield of a risk-free government bond.
High yield corporate bonds
Mixed
Allocation to the sector had a positive impact on performance, however, issue selection within the sector detracted as lower-quality bonds outperformed. During the reporting period, the high yield market rallied due to positive trade developments, prospects for interest rate cuts, easing geopolitical tensions, robust inflows, and supportive corporate earnings.
Duration
Negative
The Fund’s shorter duration relative to the Index detracted from performance. Duration measures a bond’s or fund’s sensitivity to interest rate or other changes (such as changes in a bond’s yield) and is expressed as a number of years or days. The higher the number, the greater the risk.
The preceding information is the opinion of the investment adviser and/or sub-adviser, as appropriate, through the end of the period stated. Any such opinions are subject to change at any time based upon market or other conditions and should not be relied upon as investment advice. Past performance is no guarantee of future results, and there is no guarantee that market forecasts will be realized.
How has the Fund historically performed?
The following graph compares the initial and subsequent account values over the life of the Fund. It assumes a $10,000 initial investment from inception, in an appropriate, broad-based securities market index and style-specific index for the same period. Performance assumes reinvestment of dividends and capital gains distributions.
Growth of $ 10,000
|
|
|
| |
|---|---|---|---|
|
11/15/23 |
$10,000 |
$ |
$ |
|
11/30/23 |
$10,067 |
$ |
$ |
|
12/31/23 |
$10,237 |
$ |
$ |
|
1/31/24 |
$10,307 |
$ |
$ |
|
2/29/24 |
$10,293 |
$ |
$ |
|
3/31/24 |
$10,360 |
$ |
$ |
|
4/30/24 |
$10,320 |
$ |
$ |
|
5/31/24 |
$10,407 |
$ |
$ |
|
6/30/24 |
$10,470 |
$ |
$ |
|
7/31/24 |
$10,594 |
$ |
$ |
|
8/31/24 |
$10,695 |
$ |
$ |
|
9/30/24 |
$10,788 |
$ |
$ |
|
10/31/24 |
$10,736 |
$ |
$ |
|
11/30/24 |
$10,802 |
$ |
$ |
|
12/31/24 |
$10,823 |
$ |
$ |
|
1/31/25 |
$10,890 |
$ |
$ |
|
2/28/25 |
$10,973 |
$ |
$ |
|
3/31/25 |
$10,990 |
$ |
$ |
|
4/30/25 |
$11,029 |
$ |
$ |
|
5/31/25 |
$11,070 |
$ |
$ |
|
6/30/25 |
$11,162 |
$ |
$ |
|
7/31/25 |
$11,185 |
$ |
$ |
|
ANNUAL
AVERAGE TOTAL RETURNS |
1
Year |
Since
Inception |
|---|---|---|
|
Virtus
Newfleet Short Duration Core Plus Bond ETF - NAV |
|
|
|
Bloomberg
U.S. Aggregate Bond Index |
|
|
|
ICE
BofA 1-5 Year Corporate & Government Bond Index |
|
|
• The Bloomberg U.S. Aggregate Bond Index measures the U.S. investment grade fixed rate bond market. The index is calculated on a total return basis. The index is unmanaged, its returns do not reflect any fees, expenses, or sales charges, and is not available for direct investment.
• The ICE BofA 1-5 Year US Corporate & Government Bond Index tracks the performance of US dollar denominated investment grade debt publicly issued in the U.S. domestic market, including U.S. Treasury, U.S. agency, foreign government, supranational and corporate securities, with a remaining term to final maturity less than 5 years, calculated on a total return basis. The index is unmanaged, its returns do not reflect any fees, expenses, or sales charges, and is not available for direct investment.
KEY FUND STATISTICS (as of July 31, 2025)
|
Fund
net assets |
$ |
|---|---|
|
Total
number of portfolio holdings |
|
|
Total
advisory fees paid |
$ |
|
Portfolio
turnover rate |
|
ASSET ALLOCATION Footnote Reference(1)
|
Asset
Backed Securities |
|
|---|---|
|
Mortgage
Backed Securities |
|
|
Corporate
Bonds |
|
|
U.S.
Government Securities |
|
|
Foreign
Bonds |
|
| Footnote | Description |
|
Footnote(1) |
Percentage of total investments as of July 31, 2025. |
Material Changes to the Fund
This
is a summary of certain changes to the Fund since August 1, 2024. For more
complete information, you may review the Fund’s next prospectus, which we expect
to be available by November 28, 2025, at
Where can I find additional information about the Fund?
For
more information about the Fund, including its Prospectuses (Summary and
Statutory), Statement of Additional Information, Financial Statements &
Other Information, Fund holdings, and proxy voting information, please contact
us at
Householding
Shareholders who have consented to receive a single annual or semi-annual shareholder report at a shared address may revoke this
consent or request additional copies by calling Virtus ETFs at 1-888-383-0553.
8285
Virtus Newfleet Short Duration High Yield
Bond ETF
VSHY /
NYSE
Arca, Inc.
What were the Fund costs for the period?
(Based on a hypothetical $10,000 investment)
|
Fund |
Costs
of a $10,000 investment |
Costs
paid as a percentage of a $10,000 investment |
|---|---|---|
|
Virtus
Newfleet Short Duration High Yield Bond ETF |
$ |
|
Commentary by Newfleet Asset Management
For the fiscal year ended July 31, 2025, the Fund at NAV returned 7.28%. For the same period, the Bloomberg U.S. Aggregate Bond Index, a broad-based securities market index, returned 3.38%, and the ICE BofA 1-3Y BB US Cash Pay High Yield Index, a style-specific index, returned 6.80%.
What factors impacted Fund performance over the reporting period?
Issue selection in the wirelines, communications, media other, and media cable industries, as well as an allocation to CCC-rated securities, contributed positively to performance relative to the ICE BoFA 1-3Y BB US Cash Pay High Yield Index, which serves as the Fund’s style-specific index, for the 12-month period ended July 31, 2025. The outperformance was partially offset by issue selection in the retail non food/drug, consumer products, and metals & mining industries, and an overweight allocation to B-rated securities. The biggest contributors to absolute performance for the 12-month period were Level 3, Millennium Escrow, Hertz, VistaJet, and Neptune Bidco. The biggest detractors from absolute performance for the 12-month period were Saks Global, Coronado Finance, Kronos Acquisition, Merlin Entertainments, and H-Food Holdings.
FACTOR
IMPACT
SUMMARY
Communications
Positive
The Fund benefited as bonds issued by telecommunications firm Level 3 rallied throughout the year as the company’s fiber lines became more valuable with increased demand for artificial intelligence applications.
Media other
Positive
The Fund benefited from its positions in television broadcasters as investors expected the Federal Communications Commission to loosen the rules that had restricted merger activity.
Retail exposure
Negative
The Fund was hurt by a sharp decline in the bonds of luxury retailer Saks, which struggled due to working capital needs, tariff announcements, and impact of the volatile macroeconomic climate on consumer spending.
Weak coking coal prices
Negative
Coking coal is the coal used to make steel. The Fund was hurt by a decline in the bonds of coal producer Coronado Global Resources, which saw cash flows weaken as coking coal prices declined and the company spent its capital on expansion projects.
The preceding information is the opinion of the investment adviser and/or sub-adviser, as appropriate, through the end of the period stated. Any such opinions are subject to change at any time based upon market or other conditions and should not be relied upon as investment advice. Past performance is no guarantee of future results, and there is no guarantee that market forecasts will be realized.
How has the Fund historically performed?
The following graph compares the initial and subsequent account values at the end of each of the most recently completed fiscal years of the Fund from inception. It assumes a $10,000 initial investment from inception, in an appropriate, broad-based securities market index and style-specific indexes for the same period. Performance assumes reinvestment of dividends and capital gains distributions.
Growth of $ 10,000
|
|
|
| |
|---|---|---|---|
|
12/5/16 |
$10,000 |
$ |
$ |
|
12/31/16 |
$10,008 |
$ |
$ |
|
1/31/17 |
$10,030 |
$ |
$ |
|
2/28/17 |
$10,090 |
$ |
$ |
|
3/31/17 |
$10,081 |
$ |
$ |
|
4/30/17 |
$10,151 |
$ |
$ |
|
5/31/17 |
$10,198 |
$ |
$ |
|
6/30/17 |
$10,175 |
$ |
$ |
|
7/31/17 |
$10,279 |
$ |
$ |
|
8/31/17 |
$10,244 |
$ |
$ |
|
9/30/17 |
$10,312 |
$ |
$ |
|
10/31/17 |
$10,372 |
$ |
$ |
|
11/30/17 |
$10,361 |
$ |
$ |
|
12/31/17 |
$10,415 |
$ |
$ |
|
1/31/18 |
$10,512 |
$ |
$ |
|
2/28/18 |
$10,462 |
$ |
$ |
|
3/31/18 |
$10,433 |
$ |
$ |
|
4/30/18 |
$10,463 |
$ |
$ |
|
5/31/18 |
$10,459 |
$ |
$ |
|
6/30/18 |
$10,477 |
$ |
$ |
|
7/31/18 |
$10,553 |
$ |
$ |
|
8/31/18 |
$10,616 |
$ |
$ |
|
9/30/18 |
$10,680 |
$ |
$ |
|
10/31/18 |
$10,584 |
$ |
$ |
|
11/30/18 |
$10,472 |
$ |
$ |
|
12/31/18 |
$10,217 |
$ |
$ |
|
1/31/19 |
$10,521 |
$ |
$ |
|
2/28/19 |
$10,688 |
$ |
$ |
|
3/31/19 |
$10,724 |
$ |
$ |
|
4/30/19 |
$10,873 |
$ |
$ |
|
5/31/19 |
$10,859 |
$ |
$ |
|
6/30/19 |
$10,840 |
$ |
$ |
|
7/31/19 |
$10,884 |
$ |
$ |
|
8/31/19 |
$10,837 |
$ |
$ |
|
9/30/19 |
$10,941 |
$ |
$ |
|
10/31/19 |
$10,922 |
$ |
$ |
|
11/30/19 |
$10,996 |
$ |
$ |
|
12/31/19 |
$11,166 |
$ |
$ |
|
1/31/20 |
$11,206 |
$ |
$ |
|
2/29/20 |
$11,089 |
$ |
$ |
|
3/31/20 |
$10,173 |
$ |
$ |
|
4/30/20 |
$10,440 |
$ |
$ |
|
5/31/20 |
$10,731 |
$ |
$ |
|
6/30/20 |
$10,750 |
$ |
$ |
|
7/31/20 |
$11,113 |
$ |
$ |
|
8/31/20 |
$11,211 |
$ |
$ |
|
9/30/20 |
$11,108 |
$ |
$ |
|
10/31/20 |
$11,140 |
$ |
$ |
|
11/30/20 |
$11,530 |
$ |
$ |
|
12/31/20 |
$11,769 |
$ |
$ |
|
1/31/21 |
$11,837 |
$ |
$ |
|
2/28/21 |
$11,868 |
$ |
$ |
|
3/31/21 |
$11,887 |
$ |
$ |
|
4/30/21 |
$12,007 |
$ |
$ |
|
5/31/21 |
$12,054 |
$ |
$ |
|
6/30/21 |
$12,202 |
$ |
$ |
|
7/31/21 |
$12,200 |
$ |
$ |
|
8/31/21 |
$12,245 |
$ |
$ |
|
9/30/21 |
$12,273 |
$ |
$ |
|
10/31/21 |
$12,254 |
$ |
$ |
|
11/30/21 |
$12,140 |
$ |
$ |
|
12/31/21 |
$12,366 |
$ |
$ |
|
1/31/22 |
$12,110 |
$ |
$ |
|
2/28/22 |
$11,976 |
$ |
$ |
|
3/31/22 |
$11,905 |
$ |
$ |
|
4/30/22 |
$11,522 |
$ |
$ |
|
5/31/22 |
$11,445 |
$ |
$ |
|
6/30/22 |
$10,703 |
$ |
$ |
|
7/31/22 |
$11,189 |
$ |
$ |
|
8/31/22 |
$11,073 |
$ |
$ |
|
9/30/22 |
$10,679 |
$ |
$ |
|
10/31/22 |
$10,944 |
$ |
$ |
|
11/30/22 |
$11,164 |
$ |
$ |
|
12/31/22 |
$11,114 |
$ |
$ |
|
1/31/23 |
$11,535 |
$ |
$ |
|
2/28/23 |
$11,419 |
$ |
$ |
|
3/31/23 |
$11,468 |
$ |
$ |
|
4/30/23 |
$11,597 |
$ |
$ |
|
5/31/23 |
$11,448 |
$ |
$ |
|
6/30/23 |
$11,693 |
$ |
$ |
|
7/31/23 |
$11,894 |
$ |
$ |
|
8/31/23 |
$11,953 |
$ |
$ |
|
9/30/23 |
$11,837 |
$ |
$ |
|
10/31/23 |
$11,620 |
$ |
$ |
|
11/30/23 |
$12,114 |
$ |
$ |
|
12/31/23 |
$12,507 |
$ |
$ |
|
1/31/24 |
$12,500 |
$ |
$ |
|
2/29/24 |
$12,532 |
$ |
$ |
|
3/31/24 |
$12,717 |
$ |
$ |
|
4/30/24 |
$12,571 |
$ |
$ |
|
5/31/24 |
$12,706 |
$ |
$ |
|
6/30/24 |
$12,825 |
$ |
$ |
|
7/31/24 |
$13,077 |
$ |
$ |
|
8/31/24 |
$13,293 |
$ |
$ |
|
9/30/24 |
$13,408 |
$ |
$ |
|
10/31/24 |
$13,362 |
$ |
$ |
|
11/30/24 |
$13,528 |
$ |
$ |
|
12/31/24 |
$13,500 |
$ |
$ |
|
1/31/25 |
$13,647 |
$ |
$ |
|
2/28/25 |
$13,717 |
$ |
$ |
|
3/31/25 |
$13,589 |
$ |
$ |
|
4/30/25 |
$13,470 |
$ |
$ |
|
5/31/25 |
$13,756 |
$ |
$ |
|
6/30/25 |
$13,970 |
$ |
$ |
|
7/31/25 |
$14,029 |
$ |
$ |
|
ANNUAL
AVERAGE TOTAL RETURNS |
1
Year |
5
Years |
Since
Inception |
|---|---|---|---|
|
Virtus
Newfleet Short Duration High Yield Bond ETF - NAV |
|
|
|
|
Bloomberg
U.S. Aggregate Bond Index |
|
- |
|
|
ICE
BofA 1-3Y BB US Cash Pay High Yield Index |
|
|
|
• The Bloomberg U.S. Aggregate Bond Index measures the U.S. investment grade fixed rate bond market. The index is calculated on a total return basis. The index is unmanaged, its returns do not reflect any fees, expenses, or sales charges, and is not available for direct investment.
• The ICE BofA 1-3 Year BB US Cash Pay High Yield Index is a subset of the ICE BofA US Cash Pay High Yield Index including all securities with a remaining term to final maturity less than 3 years and rated BB1 through BB3, inclusive. The ICE BofA US Cash Pay High Yield Index tracks the performance of U.S. dollar denominated below investment grade corporate debt, currently in a coupon paying period, that is publicly issued in the U.S. domestic market. The index is calculated on a total return basis. The index is unmanaged, its returns do not reflect any fees, expenses, or sales charges, and is not available for direct investment.
KEY FUND STATISTICS (as of July 31, 2025)
|
Fund
net assets |
$ |
|---|---|
|
Total
number of portfolio holdings |
|
|
Total
advisory fees paid |
$ |
|
Portfolio
turnover rate |
|
ASSET ALLOCATION Footnote Reference(1)
|
Corporate
Bonds |
|
|---|---|
|
Foreign
Bonds |
|
|
Money
Market Fund |
|
|
Term
LoanFootnote
Reference(2) |
|
|
Common
StockFootnote
Reference(2) |
|
| Footnote | Description |
|
Footnote(1) |
Percentage of total investments as of July 31, 2025. |
|
Footnote(2) |
Amount rounds to less than 0.05%. |
Material Changes to the Fund
This
is a summary of certain changes to the Fund since August 1, 2024. For more
complete information, you may review the Fund’s next prospectus, which we expect
to be available by November 28, 2025, at
Where can I find additional information about the Fund?
For
more information about the Fund, including its Prospectuses (Summary and
Statutory), Statement of Additional Information, Financial Statements &
Other Information, Fund holdings, and proxy voting information, please contact
us at
Householding
Shareholders who have consented to receive a single annual or semi-annual shareholder report at a shared address may revoke this
consent or request additional copies by calling Virtus ETFs at 1-888-383-0553.
8290
Virtus Seix AAA Private Credit
CLO ETF
PCLO /
NYSE
Arca, Inc.
What were the Fund costs for the period?
(Based on a hypothetical $10,000 investment)
|
Fund |
Costs
of a $10,000 investment |
Costs
paid as a percentage of a $10,000 investment |
|---|---|---|
|
Virtus
Seix AAA Private Credit CLO ETF |
$ |
|
| Footnote | Description |
|
Footnote(a) |
Portfolio Manager Commentary by Seix Investment Advisors
For the period December 2, 2024 (inception) to July 31, 2025, the Fund at NAV returned 3.51%. For the same period, the Bloomberg U.S. Aggregate Bond Index, a broad-based securities market index, returned 1.98%, and the J.P. Morgan CLOIE AAA Index, which serves as the style-specific index, returned 3.66%.
What factors impacted Fund performance over the reporting period?
The Fund’s focus on investing in AAA-rated tranches of private credit collateralized loan obligations (CLOs) contributed to relative performance from its inception on December 2, 2024, through July 31, 2025. The Fund’s strategy was put to the test within its first four months as the Trump administration’s tariff announcements created unexpected market dynamics. The Fund demonstrated resiliency during the volatility as its focus on high quality CLO tranches helped to mitigate the downside.
FACTOR
IMPACT
SUMMARY
Ratings allocation
Neutral
The Fund’s focus on AAA-rated private credit CLO tranches contributed to relative performance.
Security selection
Positive
The announcement of trade tariffs in March and April caused unexpected volatility in the market. However, the Fund’s selection of high-quality CLO managers in the private sector space limited downside movement.
The preceding information is the opinion of the investment adviser and/or sub-adviser, as appropriate, through the end of the period stated. Any such opinions are subject to change at any time based upon market or other conditions and should not be relied upon as investment advice. Past performance is no guarantee of future results, and there is no guarantee that market forecasts will be realized.
How has the Fund historically performed?
The following graph compares the initial and subsequent account values over the life of the Fund. It assumes a $10,000 initial investment from inception, in an appropriate, broad-based securities market index and style-specific index for the same period. Performance assumes reinvestment of dividends and capital gains distributions.
Growth of $ 10,000
|
|
|
| |
|---|---|---|---|
|
12/2/24 |
$10,000 |
$ |
$ |
|
12/31/24 |
$10,056 |
$ |
$ |
|
1/31/25 |
$10,106 |
$ |
$ |
|
2/28/25 |
$10,145 |
$ |
$ |
|
3/31/25 |
$10,151 |
$ |
$ |
|
4/30/25 |
$10,175 |
$ |
$ |
|
5/31/25 |
$10,263 |
$ |
$ |
|
6/30/25 |
$10,300 |
$ |
$ |
|
7/31/25 |
$10,351 |
$ |
$ |
|
ANNUAL
AVERAGE TOTAL RETURNS |
Since
Inception |
|---|---|
|
Virtus
Seix AAA Private Credit CLO ETF - NAV |
|
|
Bloomberg
U.S. Aggregate Bond Index |
|
|
J.P.
Morgan CLOIE AAA Index |
|
• The Bloomberg U.S. Aggregate Bond Index measures the U.S. investment grade fixed rate bond market. The index is calculated on a total return basis. The index is unmanaged, its returns do not reflect any fees, expenses, or sales charges, and is not available for direct investment.
• The J.P. Morgan CLOIE AAA Index is designed to track the performance of broadly-syndicated, arbitrage US CLO debt from AAA tranches. The index is calculated on a total return basis with dividends reinvested. The index is unmanaged, its returns do not reflect any fees, expenses, or sales charges, and is not available for direct investment.
KEY FUND STATISTICS (as of July 31, 2025)
|
Fund
net assets |
$ |
|---|---|
|
Total
number of portfolio holdings |
|
|
Total
advisory fees paid |
$ |
|
Portfolio
turnover rate |
|
ASSET ALLOCATION Footnote Reference(1)
|
Asset
Backed Securities |
|
|---|---|
|
Term
Loan |
|
| Footnote | Description |
|
Footnote(1) |
Percentage of total investments as of July 31, 2025. |
Material Changes to the Fund
This
is a summary of certain changes to the Fund since August 1, 2024. For more
complete information, you may review the Fund’s next prospectus, which we expect
to be available by November 28, 2025, at
Where can I find additional information about the Fund?
For
more information about the Fund, including its Prospectuses (Summary and
Statutory), Statement of Additional Information, Financial Statements &
Other Information, Fund holdings, and proxy voting information, please contact
us at
Householding
Shareholders who have consented to receive a single annual or semi-annual shareholder report at a shared address may revoke this
consent or request additional copies by calling Virtus ETFs at 1-888-383-0553.
8673
Virtus Seix Senior
Loan ETF
SEIX /
NYSE
Arca, Inc.
What were the Fund costs for the period?
(Based on a hypothetical $10,000 investment)
|
Fund |
Costs
of a $10,000 investment |
Costs
paid as a percentage of a $10,000 investment |
|---|---|---|
|
Virtus
Seix Senior Loan ETF |
$ |
|
Commentary by Seix Investment Advisors
For the fiscal year ended July 31, 2025, the Fund at NAV returned 6.70%. For the same period, the Bloomberg U.S. Aggregate Bond Index, a broad-based securities market index, returned 3.38%, and the S&P UBS Leveraged Loan Index, which serves as the style-specific index, returned 7.60%.
What factors impacted Fund performance over the reporting period?
For the 12-month period ended July 31, 2025, performance relative to the S&P UBS Leveraged Loan Index, which serves as the Fund's style-specific benchmark, was negatively affected by security selection in chemicals, energy, and utilities. This was partially offset by positive security selection in telecommunications, information technology, and gaming & leisure. Unanticipated changes among specific issuers also negatively impacted Fund performance. The top contributors to performance for the reporting period were Altice France, Lumen, WaterBridge, Amneal Pharmaceuticals, and Creation Technologies. The biggest detractors were Ascend Performance, LaserShip, NewFortress Energy, Liberty Media, and First New Zealand. An additional headwind for the Fund was the rally in low-quality issuers as investors favored higher-risk securities throughout the period. The Fund’s underweight to CCC-rated securities negatively affected overall performance.
FACTOR
IMPACT
SUMMARY
Unanticipated changes among specific issuers
Negative
Three positions held in the Fund were significantly negatively impacted due to continued overstocking issues in chemicals, changes in delivery needs for retail purchases, and company management decisions.
Security selection
Mixed
Several issuers surprised with negative earnings, which hurt Fund performance during the reporting period. However, our conviction that Altice’s and Lumen’s lower prices were unwarranted was rewarded during the period, making a positive contribution to Fund performance.
The preceding information is the opinion of the investment adviser and/or sub-adviser, as appropriate, through the end of the period stated. Any such opinions are subject to change at any time based upon market or other conditions and should not be relied upon as investment advice. Past performance is no guarantee of future results, and there is no guarantee that market forecasts will be realized.
How has the Fund historically performed?
The following graph compares the initial and subsequent account values over the life of the Fund. It assumes a $10,000 initial investment from inception, in an appropriate broad-based securities market index and style-specific index for the same period. Performance assumes reinvestment of dividends and capital gain distributions.
Growth of $ 10,000
|
|
|
| |
|---|---|---|---|
|
4/24/19 |
$10,000 |
$ |
$ |
|
4/30/19 |
$10,005 |
$ |
$ |
|
5/31/19 |
$9,973 |
$ |
$ |
|
6/30/19 |
$10,016 |
$ |
$ |
|
7/31/19 |
$10,108 |
$ |
$ |
|
8/31/19 |
$10,079 |
$ |
$ |
|
9/30/19 |
$10,105 |
$ |
$ |
|
10/31/19 |
$10,102 |
$ |
$ |
|
11/30/19 |
$10,179 |
$ |
$ |
|
12/31/19 |
$10,346 |
$ |
$ |
|
1/31/20 |
$10,371 |
$ |
$ |
|
2/29/20 |
$10,228 |
$ |
$ |
|
3/31/20 |
$9,497 |
$ |
$ |
|
4/30/20 |
$9,796 |
$ |
$ |
|
5/31/20 |
$10,045 |
$ |
$ |
|
6/30/20 |
$10,143 |
$ |
$ |
|
7/31/20 |
$10,321 |
$ |
$ |
|
8/31/20 |
$10,371 |
$ |
$ |
|
9/30/20 |
$10,374 |
$ |
$ |
|
10/31/20 |
$10,386 |
$ |
$ |
|
11/30/20 |
$10,582 |
$ |
$ |
|
12/31/20 |
$10,687 |
$ |
$ |
|
1/31/21 |
$10,777 |
$ |
$ |
|
2/28/21 |
$10,813 |
$ |
$ |
|
3/31/21 |
$10,820 |
$ |
$ |
|
4/30/21 |
$10,876 |
$ |
$ |
|
5/31/21 |
$10,947 |
$ |
$ |
|
6/30/21 |
$11,006 |
$ |
$ |
|
7/31/21 |
$11,037 |
$ |
$ |
|
8/31/21 |
$11,086 |
$ |
$ |
|
9/30/21 |
$11,147 |
$ |
$ |
|
10/31/21 |
$11,199 |
$ |
$ |
|
11/30/21 |
$11,188 |
$ |
$ |
|
12/31/21 |
$11,290 |
$ |
$ |
|
1/31/22 |
$11,283 |
$ |
$ |
|
2/28/22 |
$11,223 |
$ |
$ |
|
3/31/22 |
$11,223 |
$ |
$ |
|
4/30/22 |
$11,168 |
$ |
$ |
|
5/31/22 |
$10,921 |
$ |
$ |
|
6/30/22 |
$10,631 |
$ |
$ |
|
7/31/22 |
$10,834 |
$ |
$ |
|
8/31/22 |
$10,980 |
$ |
$ |
|
9/30/22 |
$10,766 |
$ |
$ |
|
10/31/22 |
$10,893 |
$ |
$ |
|
11/30/22 |
$11,006 |
$ |
$ |
|
12/31/22 |
$11,076 |
$ |
$ |
|
1/31/23 |
$11,342 |
$ |
$ |
|
2/28/23 |
$11,400 |
$ |
$ |
|
3/31/23 |
$11,404 |
$ |
$ |
|
4/30/23 |
$11,471 |
$ |
$ |
|
5/31/23 |
$11,426 |
$ |
$ |
|
6/30/23 |
$11,711 |
$ |
$ |
|
7/31/23 |
$11,858 |
$ |
$ |
|
8/31/23 |
$11,980 |
$ |
$ |
|
9/30/23 |
$12,085 |
$ |
$ |
|
10/31/23 |
$12,087 |
$ |
$ |
|
11/30/23 |
$12,250 |
$ |
$ |
|
12/31/23 |
$12,453 |
$ |
$ |
|
1/31/24 |
$12,541 |
$ |
$ |
|
2/29/24 |
$12,639 |
$ |
$ |
|
3/31/24 |
$12,700 |
$ |
$ |
|
4/30/24 |
$12,739 |
$ |
$ |
|
5/31/24 |
$12,877 |
$ |
$ |
|
6/30/24 |
$12,900 |
$ |
$ |
|
7/31/24 |
$12,999 |
$ |
$ |
|
8/31/24 |
$13,078 |
$ |
$ |
|
9/30/24 |
$13,152 |
$ |
$ |
|
10/31/24 |
$13,263 |
$ |
$ |
|
11/30/24 |
$13,406 |
$ |
$ |
|
12/31/24 |
$13,487 |
$ |
$ |
|
1/31/25 |
$13,571 |
$ |
$ |
|
2/28/25 |
$13,572 |
$ |
$ |
|
3/31/25 |
$13,511 |
$ |
$ |
|
4/30/25 |
$13,456 |
$ |
$ |
|
5/31/25 |
$13,645 |
$ |
$ |
|
6/30/25 |
$13,757 |
$ |
$ |
|
7/31/25 |
$13,871 |
$ |
$ |
|
ANNUAL
AVERAGE TOTAL RETURNS |
1
Year |
5
Years |
Since
Inception |
|---|---|---|---|
|
Virtus
Seix Senior Loan ETF - NAV |
|
|
|
|
Bloomberg
U.S. Aggregate Bond Index |
|
- |
|
|
S&P
UBS Leveraged Loan Index |
|
|
|
• The Bloomberg U.S. Aggregate Bond Index measures the U.S. investment grade fixed rate bond market. The index is calculated on a total return basis. The index is unmanaged, its returns do not reflect any fees, expenses, or sales charges, and is not available for direct investment.
• The S&P UBS Leveraged Loan Index is a market-weighted index that tracks the investable universe of the U.S. dollar denominated leveraged loans. The index is calculated on a total return basis. The index is unmanaged, its returns do not reflect any fees, expenses, or sales charges, and is not available for direct investment.
KEY FUND STATISTICS (as of July 31, 2025)
|
Fund
net assets |
$ |
|---|---|
|
Total
number of portfolio holdings |
|
|
Total
advisory fees paid |
$ |
|
Portfolio
turnover rate |
|
ASSET ALLOCATION Footnote Reference(1)
|
Term
Loans |
|
|---|---|
|
Corporate
Bonds |
|
|
Asset
Backed Securities |
|
|
Common
StocksFootnote
Reference(2) |
|
| Footnote | Description |
|
Footnote(1) |
Percentage of total investments as of July 31, 2025. |
|
Footnote(2) |
Amount rounds to less than 0.05%. |
Material Changes to the Fund
This
is a summary of certain changes to the Fund since August 1, 2024. For more
complete information, you may review the Fund’s next prospectus, which we expect
to be available by November 28, 2025, at
Where can I find additional information about the Fund?
For
more information about the Fund, including its Prospectuses (Summary and
Statutory), Statement of Additional Information, Financial Statements &
Other Information, Fund holdings, and proxy voting information, please contact
us at
Householding
Shareholders who have consented to receive a single annual or semi-annual shareholder report at a shared address may revoke this
consent or request additional copies by calling Virtus ETFs at 1-888-383-0553.
8339
Virtus Stone Harbor Emerging Markets High Yield
Bond ETF
VEMY /
NYSE
Arca, Inc.
What were the Fund costs for the period?
(Based on a hypothetical $10,000 investment)
|
Fund |
Costs
of a $10,000 investment |
Costs
paid as a percentage of a $10,000 investment |
|---|---|---|
|
Virtus
Stone Harbor Emerging Markets High Yield Bond ETF |
$ |
|
Commentary by Stone Harbor Investment Partners
For the fiscal year ended July 31, 2025, the Fund at NAV returned 12.60%. For the same period, the Bloomberg Emerging Markets USD Aggregate Bond Index, a broad-based securities market index, returned 8.42%, and the J.P. Morgan Hard Currency Credit 50-50 High Yield Index, which serves as the style-specific index, returned 11.62%.
What factors impacted Fund performance over the reporting period?
Allocations to both hard currency sovereign debt and hard currency corporate debt contributed positively to returns relative to the J.P. Morgan Hard Currency Credit 50-50 High Yield Index, which serves as the Fund’s style-specific benchmark, for the 12-month period ended July 31, 2025. Hard currency is generally issued by developed countries, globally traded, and seen as politically and economically stable. Within hard currency sovereign debt, country selection, particularly in Latin America, enhanced performance. Within hard currency corporate debt, issue selection enhanced total returns, particularly in Brazil. Some of the positive performance attribution was offset by country selection decisions in hard currency Ghana corporate debt, as well as issue selection in Zambia.
FACTOR
IMPACT
SUMMARY
Ecuador
Positive
Overweight exposure in Ecuador enhanced relative returns. Rising oil prices improved Ecuador’s fiscal position and external accounts. Additionally, the country executed a debt-for-nature swap and bond buyback that reduced near-term repayment pressures and improved its debt profile. These factors, along with a stable ratings outlook and expectations for continued policy efficacy, contributed to stronger investor confidence and bond price recovery.
Brazil
Positive
Issue selection in Brazilian corporate bonds enhanced performance due to a combination of favorable market conditions and liability management. Brazilian issuers with hard currency revenues—such as exporters and financial institutions—were able to tap into robust investor demand. Many issuers focused on liability management, refinancing existing debt at attractive rates and extending maturities, which improved credit profiles and reduced refinancing risk.
Zambia
Negative
Issue selection detracted from Fund performance as delays in restructuring negotiations and investor concerns over fiscal sustainability affected longer-dated maturities. These issues remained volatile due to their sensitivity to restructuring outcomes and global rate movements.
Ghana
Negative
Country selection in hard currency Ghana corporate debt detracted from performance as volatility in oil prices contributed to lower bond prices of Ghanaian oil issuers.
The preceding information is the opinion of the investment adviser and/or sub-adviser, as appropriate, through the end of the period stated. Any such opinions are subject to change at any time based upon market or other conditions and should not be relied upon as investment advice. Past performance is no guarantee of future results, and there is no guarantee that market forecasts will be realized.
How has the Fund historically performed?
The following graph compares the initial and subsequent account values over the life of the Fund. It assumes a $10,000 initial investment from inception, in an appropriate, broad-based securities market index and style-specific index for the same period. Performance assumes reinvestment of dividends and capital gain distributions.
Growth of $ 10,000
|
|
|
| |
|---|---|---|---|
|
12/12/22 |
$10,000 |
$ |
$ |
|
12/31/22 |
$9,958 |
$ |
$ |
|
1/31/23 |
$10,481 |
$ |
$ |
|
2/28/23 |
$10,135 |
$ |
$ |
|
3/31/23 |
$10,071 |
$ |
$ |
|
4/30/23 |
$10,073 |
$ |
$ |
|
5/31/23 |
$10,066 |
$ |
$ |
|
6/30/23 |
$10,410 |
$ |
$ |
|
7/31/23 |
$10,722 |
$ |
$ |
|
8/31/23 |
$10,587 |
$ |
$ |
|
9/30/23 |
$10,532 |
$ |
$ |
|
10/31/23 |
$10,443 |
$ |
$ |
|
11/30/23 |
$10,951 |
$ |
$ |
|
12/31/23 |
$11,395 |
$ |
$ |
|
1/31/24 |
$11,439 |
$ |
$ |
|
2/29/24 |
$11,693 |
$ |
$ |
|
3/31/24 |
$12,016 |
$ |
$ |
|
4/30/24 |
$11,961 |
$ |
$ |
|
5/31/24 |
$12,112 |
$ |
$ |
|
6/30/24 |
$12,147 |
$ |
$ |
|
7/31/24 |
$12,381 |
$ |
$ |
|
8/31/24 |
$12,647 |
$ |
$ |
|
9/30/24 |
$12,897 |
$ |
$ |
|
10/31/24 |
$12,851 |
$ |
$ |
|
11/30/24 |
$13,037 |
$ |
$ |
|
12/31/24 |
$12,974 |
$ |
$ |
|
1/31/25 |
$13,217 |
$ |
$ |
|
2/28/25 |
$13,378 |
$ |
$ |
|
3/31/25 |
$13,212 |
$ |
$ |
|
4/30/25 |
$13,073 |
$ |
$ |
|
5/31/25 |
$13,349 |
$ |
$ |
|
6/30/25 |
$13,687 |
$ |
$ |
|
7/31/25 |
$13,941 |
$ |
$ |
|
ANNUAL
AVERAGE TOTAL RETURNS |
1
Year |
Since
Inception |
|---|---|---|
|
Virtus
Stone Harbor Emerging Markets High Yield Bond ETF - NAV |
|
|
|
Bloomberg
Emerging Markets USD Aggregate Bond Index |
|
|
|
J.P.
Morgan Hard Currency Credit 50-50 High Yield Index |
|
|
• The Bloomberg Emerging Markets USD Aggregate Bond Index is a hard currency Emerging Markets debt benchmark that measures fixed and floating-rate U.S. dollar denominated debt issued from sovereign, quasi-sovereign, and corporate EM issuers. The index is calculated on a total return basis. The index is unmanaged, its returns do not reflect any fees, expenses, or sales charges, and is not available for direct investment.
• The J.P. Morgan Hard Currency Credit 50-50 (EMBIG Diversified and CEMBI Broad Diversified) High Yield Index tracks liquid, US-dollar emerging market fixed and floating-rate debt instruments issued by corporate, sovereign, and quasi-sovereign entities. The index tracks instruments that are classified as high yield (HY) in the established J.P. Morgan EMBI Global Diversified and J.P. Morgan CEMBI Broad Diversified indices and combines them with an equal weight (50-50). The index is calculated on a total return basis with dividends reinvested. The index is unmanaged, its returns do not reflect any fees, expenses, or sales charges, and is not available for direct investment.
KEY FUND STATISTICS (as of July 31, 2025)
|
Fund
net assets |
$ |
|---|---|
|
Total
number of portfolio holdings |
|
|
Total
advisory fees paid |
$ |
|
Portfolio
turnover rate |
|
ASSET ALLOCATION Footnote Reference(1)
|
Foreign
Bonds |
|
|---|
| Footnote | Description |
|
Footnote(1) |
Percentage of total investments as of July 31, 2025. |
Material Changes to the Fund
This
is a summary of certain changes to the Fund since August 1, 2024. For more
complete information, you may review the Fund’s next prospectus, which we expect
to be available by November 28, 2025, at
Where can I find additional information about the Fund?
For
more information about the Fund, including its Prospectuses (Summary and
Statutory), Statement of Additional Information, Financial Statements &
Other Information, Fund holdings, and proxy voting information, please contact
us at
Householding
Shareholders who have consented to receive a single annual or semi-annual shareholder report at a shared address may revoke this
consent or request additional copies by calling Virtus ETFs at 1-888-383-0553.
8381
Virtus Terranova U.S. Quality
Momentum ETF
JOET /
NYSE
Arca, Inc.
What were the Fund costs for the period?
(Based on a hypothetical $10,000 investment)
|
Fund |
Costs
of a $10,000 investment |
Costs
paid as a percentage of a $10,000 investment |
|---|---|---|
|
Virtus
Terranova U.S. Quality Momentum ETF |
$ |
|
Commentary by Virtus ETF Advisers LLC
For the fiscal year ended July 31, 2025, the Fund at NAV returned 19.20%. For the same period, the S&P 500® Index, a broad-based securities market index, returned 16.33%, and the Terranova U.S. Quality Momentum Index, which serves as the style-specific index, returned 19.70%.
What factors impacted Fund performance over the reporting period?
Sector and style exposure contributed positively to returns relative to the S&P 500® Index (“Index”), the Fund’s broad-based securities market index, for the 12-month period ended July 31, 2025. Exposures in the financials and information technology sectors contributed the most to relative performance. However, the Fund’s equally weighted approach, which is designed to reduce concentration risk, limited its ability to benefit fully from gains in the information technology and communication services sectors during the period. Sector allocations and specific stock index weightings contributed positively to overall Fund performance, and tracking error to the Index was minimal. The Fund benefited from its overweights to momentum and value factors during the period. Underweight positions in large-cap technology stocks including NVIDIA and Broadcom, which were an outgrowth of the Fund’s equal weighting, detracted from relative performance. In addition, communications stocks including Netflix experienced gains due to strong earnings growth, but detracted from Fund performance due to its underweight relative to the Index.
FACTOR
IMPACT
SUMMARY
Financials/
Information Technology
Positive
Issuer selection, particularly in Interactive Brokers and Coinbase Global, enhanced relative returns. In addition, names like AppLovin Corp. and Palantir Technologies contributed to performance.
Momentum/Value
Positive
Overweight exposure to these factors enhanced relative returns.
Communications
Negative
Underweight exposure to communications relative to the Index detracted from relative performance.
Company Size
Negative
The Fund’s quarterly momentum-driven adjustments led it to hold companies with smaller market capitalizations. This positioning excluded larger-cap technology names, which detracted somewhat from performance during the reporting period.
The preceding information is the opinion of the investment adviser and/or sub-adviser, as appropriate, through the end of the period stated. Any such opinions are subject to change at any time based upon market or other conditions and should not be relied upon as investment advice. Past performance is no guarantee of future results, and there is no guarantee that market forecasts will be realized.
How has the Fund historically performed?
The following graph compares the initial and subsequent account values over the life of the Fund. It assumes a $10,000 initial investment from inception, in an appropriate, broad-based securities market index and style-specific index for the same period. Performance assumes reinvestment of dividends and capital gains distributions.
Growth of $ 10,000
|
|
|
| |
|---|---|---|---|
|
11/17/20 |
$10,000 |
$ |
$ |
|
11/30/20 |
$10,128 |
$ |
$ |
|
12/31/20 |
$10,500 |
$ |
$ |
|
1/31/21 |
$10,238 |
$ |
$ |
|
2/28/21 |
$10,294 |
$ |
$ |
|
3/31/21 |
$10,681 |
$ |
$ |
|
4/30/21 |
$11,217 |
$ |
$ |
|
5/31/21 |
$11,294 |
$ |
$ |
|
6/30/21 |
$11,674 |
$ |
$ |
|
7/31/21 |
$12,158 |
$ |
$ |
|
8/31/21 |
$12,590 |
$ |
$ |
|
9/30/21 |
$11,859 |
$ |
$ |
|
10/31/21 |
$12,869 |
$ |
$ |
|
11/30/21 |
$12,774 |
$ |
$ |
|
12/31/21 |
$13,307 |
$ |
$ |
|
1/31/22 |
$11,998 |
$ |
$ |
|
2/28/22 |
$11,730 |
$ |
$ |
|
3/31/22 |
$12,108 |
$ |
$ |
|
4/30/22 |
$11,017 |
$ |
$ |
|
5/31/22 |
$11,038 |
$ |
$ |
|
6/30/22 |
$10,177 |
$ |
$ |
|
7/31/22 |
$11,031 |
$ |
$ |
|
8/31/22 |
$10,709 |
$ |
$ |
|
9/30/22 |
$9,913 |
$ |
$ |
|
10/31/22 |
$10,871 |
$ |
$ |
|
11/30/22 |
$11,521 |
$ |
$ |
|
12/31/22 |
$10,925 |
$ |
$ |
|
1/31/23 |
$11,462 |
$ |
$ |
|
2/28/23 |
$11,180 |
$ |
$ |
|
3/31/23 |
$11,240 |
$ |
$ |
|
4/30/23 |
$11,254 |
$ |
$ |
|
5/31/23 |
$11,049 |
$ |
$ |
|
6/30/23 |
$11,746 |
$ |
$ |
|
7/31/23 |
$12,104 |
$ |
$ |
|
8/31/23 |
$11,889 |
$ |
$ |
|
9/30/23 |
$11,384 |
$ |
$ |
|
10/31/23 |
$10,893 |
$ |
$ |
|
11/30/23 |
$11,932 |
$ |
$ |
|
12/31/23 |
$12,686 |
$ |
$ |
|
1/31/24 |
$12,864 |
$ |
$ |
|
2/29/24 |
$13,811 |
$ |
$ |
|
3/31/24 |
$14,233 |
$ |
$ |
|
4/30/24 |
$13,495 |
$ |
$ |
|
5/31/24 |
$13,854 |
$ |
$ |
|
6/30/24 |
$14,210 |
$ |
$ |
|
7/31/24 |
$14,363 |
$ |
$ |
|
8/31/24 |
$14,901 |
$ |
$ |
|
9/30/24 |
$15,220 |
$ |
$ |
|
10/31/24 |
$15,228 |
$ |
$ |
|
11/30/24 |
$16,794 |
$ |
$ |
|
12/31/24 |
$15,730 |
$ |
$ |
|
1/31/25 |
$16,614 |
$ |
$ |
|
2/28/25 |
$16,141 |
$ |
$ |
|
3/31/25 |
$15,260 |
$ |
$ |
|
4/30/25 |
$15,403 |
$ |
$ |
|
5/31/25 |
$16,442 |
$ |
$ |
|
6/30/25 |
$17,042 |
$ |
$ |
|
7/31/25 |
$17,120 |
$ |
$ |
|
ANNUAL
AVERAGE TOTAL RETURNS |
1
Year |
Since
Inception |
|---|---|---|
|
Virtus
Terranova U.S. Quality Momentum ETF - NAV |
|
|
|
S&P
500®
Index |
|
|
|
Terranova
U.S. Quality Momentum Index |
|
|
• The S&P 500® Index is a free-float market capitalization-weighted index of 500 of the largest U.S. companies. The index is calculated on a total return basis with dividends reinvested. The index is unmanaged, its returns do not reflect any fees, expenses, or sales charges, and is not available for direct investment.
• The Terranova U.S. Quality Momentum Index is an equally weighted index designed to provide diversified exposure to quality momentum large-cap equities listed in the United States. The index is calculated on a total return basis with dividends reinvested. The index is unmanaged, its returns do not reflect any fees, expenses, or sales charges, and is not available for direct investment.
KEY FUND STATISTICS (as of July 31, 2025)
|
Fund
net assets |
$ |
|---|---|
|
Total
number of portfolio holdings |
|
|
Total
advisory fees paid |
$ |
|
Portfolio
turnover rate |
|
ASSET ALLOCATION Footnote Reference(1)
|
Financials |
|
|---|---|
|
Information
Technology |
|
|
Industrials |
|
|
Consumer
Discretionary |
|
|
Health
Care |
|
|
Communication
Services |
|
|
Utilities |
|
|
Real
Estate |
|
|
Consumer
Staples |
|
|
Energy |
|
|
Materials |
|
| Footnote | Description |
|
Footnote(1) |
Percentage of total investments as of July 31, 2025. |
Material Changes to the Fund
This
is a summary of certain changes to the Fund since August 1, 2024. For more
complete information, you may review the Fund’s next prospectus, which we expect
to be available by November 28, 2025, at
Where can I find additional information about the Fund?
For
more information about the Fund, including its Prospectuses (Summary and
Statutory), Statement of Additional Information, Financial Statements &
Other Information, Fund holdings, and proxy voting information, please contact
us at
Householding
Shareholders who have consented to receive a single annual or semi-annual shareholder report at a shared address may revoke this
consent or request additional copies by calling Virtus ETFs at 1-888-383-0553.
8389
