UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number 811-23078
Virtus ETF Trust II
(Exact name of registrant as specified in charter)
1301 Avenue of the Americas, 14th Floor
New York, NY 10019
(Address of principal executive offices) (Zip code)
Virtus ETF Trust II
c/o Corporation Service Company
2711 Centerville Road, Suite 400
Wilmington, DE 19808
(Name and address of agent for service)
Registrant’s telephone number, including area code: (212) 593-4383
Date of fiscal year end: July 31
Date of reporting period: July 31, 2026
Item 1. Reports to Stockholders.
| (a) | The Report(s) to Shareholders are attached herewith. |
Virtus AlphaSimplex Global Macro ETF
ASGM / 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 Global Macro ETF | $ |
| Footnote | Description |
Footnote(a) |
Portfolio Manager Commentary by AlphaSimplex Group, LLC
For the period August 4, 2025 (commencement of operations) to July 31, 2026, the Fund at NAV returned 30.00%. For the same period, the Wilshire 5000 Total Market Index, a broad-based securities market index, returned 19.87%, and the ICE BofA US 3-Month Treasury Bill Index, which serves as the style-specific index, returned 3.76%.
What factors impacted Fund performance over the reporting period?
The Fund seeks long-term capital appreciation by pursuing long-term positive returns independent of market cycles. This systematic strategy combines two complementary investment approaches: dedicated global equity exposures and macro strategies. Macro strategies employ long and short exposures across distinct trading styles and asset classes, including stocks, bonds, currencies, and commodities. The Fund’s goal is to outperform traditional long-only equity investments, while reducing drawdowns during protracted periods of stress. The Fund takes positions in highly liquid futures contracts in more than 20 different assets across global equity, bond, currency, and commodity markets, as well as in ETFs. For the reporting period, the Fund’s gains were driven by long positions in equities and commodities. Currencies and commodities had a mixed impact on performance over the period. Fixed income positions detracted from performance over the period.
FACTOR
IMPACT
SUMMARY
Equities
Positive
As equity markets rose during the period, the Fund had significant gains from its long positions, particularly in the S&P 500® Index and the MSCI EAFE Index.
Fixed income
Negative
The Fund had losses primarily from its long positions in fixed income as prices fell over the course of the year. International bonds were the largest detractors.
Currencies
Mixed
In currencies, the Fund had gains from long positions in the Australian dollar while being short the U.S. dollar, and short positions in the Japanese yen while being long the U.S. dollar, which outweighed losses from other foreign currencies.
Commodities
Mixed
As prices rose in a number of commodities markets, the Fund saw gains from its long positions, especially in energies and gold. Agricultural commodities and livestock detracted from 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 gains distributions.
Growth of $ 10,000
8/4/25 | $10,000 | $ | $ |
|---|---|---|---|
8/31/25 | $10,262 | $ | $ |
9/30/25 | $10,760 | $ | $ |
10/31/25 | $11,016 | $ | $ |
11/30/25 | $10,999 | $ | $ |
12/31/25 | $11,129 | $ | $ |
1/31/26 | $11,713 | $ | $ |
2/28/26 | $12,256 | $ | $ |
3/31/26 | $11,789 | $ | $ |
4/30/26 | $12,831 | $ | $ |
5/31/26 | $13,403 | $ | $ |
6/30/26 | $13,089 | $ | $ |
7/31/26 | $13,000 | $ | $ |
ANNUAL AVERAGE TOTAL RETURNS | Since Inception
|
|---|---|
Virtus AlphaSimplex Global Macro ETF - NAV | |
Wilshire 5000 Total Market Index | |
ICE BofA US 3-Month Treasury Bill Index |
• The Wilshire 5000 Total Market 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 3-Month Treasury Bill Index measures the performance of a single outstanding U.S. Treasury bill with approximately three months to maturity. It assumes the bill is purchased at the beginning of the month, held for one full month, and then rolled over into a newly selected 3-month issue. 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, 2026)
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 |
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.
8677
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 | $ |
Portfolio Manager Commentary by AlphaSimplex Group, LLC
For the fiscal year ended July 31, 2026, the Fund at NAV returned 16.34%. For the same period, the Wilshire 5000 Total Market Index, a broad-based securities market index, returned 19.69%, and the ICE BofA US 3-Month Treasury Bill Index, which serves as the style-specific index, returned 3.82%.
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 12-month period, the Fund’s gains were driven by long positions in equities. Currencies and commodities had a mixed impact on performance over the period. Fixed income positions detracted from performance over the period.
FACTOR
IMPACT
SUMMARY
Equities
Positive
As equity markets rose over the period, the Fund earned significant gains from its long positions, particularly in the MSCI Emerging Markets 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, primarily from international bonds.
Currencies
Mixed
Currencies were more mixed as gains from long positions in the Australian dollar while being short the U.S. dollar, and short positions in the Japanese yen while being long the U.S. dollar outweighed losses from other foreign currencies.
Commodities
Mixed
As prices rose in a number of commodities markets, the Fund saw gains from its long positions, particularly in gold, energies, and copper. Agricultural commodities detracted from 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 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 | $ | $ |
8/31/25 | $9,228 | $ | $ |
9/30/25 | $9,456 | $ | $ |
10/31/25 | $9,511 | $ | $ |
11/30/25 | $9,624 | $ | $ |
12/31/25 | $9,774 | $ | $ |
1/31/26 | $10,165 | $ | $ |
2/28/26 | $10,785 | $ | $ |
3/31/26 | $10,258 | $ | $ |
4/30/26 | $10,518 | $ | $ |
5/31/26 | $10,544 | $ | $ |
6/30/26 | $10,475 | $ | $ |
7/31/26 | $10,532 | $ | $ |
ANNUAL AVERAGE TOTAL RETURNS | 1 Year | Since Inception
|
|---|---|---|
Virtus AlphaSimplex Managed Futures ETF - NAV | ||
Wilshire 5000 Total Market Index | ||
ICE BofA US 3-Month Treasury Bill Index |
• The Wilshire 5000 Total Market 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 3-Month Treasury Bill Index measures the performance of a single outstanding U.S. Treasury bill with approximately three months to maturity. It assumes the bill is purchased at the beginning of the month, held for one full month, and then rolled over into a newly selected 3-month issue. 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, 2026)
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 |
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 | $ |
Portfolio Manager Commentary by Duff & Phelps Investment Management Co.
For the fiscal year ended July 31, 2026, the Fund at NAV returned 36.94%. For the same period, the S&P Global Broad Market Index (net), a broad-based securities market index, returned 21.97%, and the S&P Global Clean Energy Transition Index (net), which serves as the style-specific index, returned 32.81%.
What factors impacted Fund performance over the reporting period?
Individual stock selection and sector allocation both contributed to 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. By sector, utilities contributed the most to relative performance. Within utilities, overweight positions in Brazilian utilities, specific out-of-benchmark holdings, and the avoidance of certain emerging markets stocks were the largest contributors. Stock selection in the information technology sector also contributed to relative performance, as the Fund owned an out-of-benchmark holding in a power semiconductor market leader. Stock selection in the energy sector detracted from relative performance. In terms of regional attribution, the allocation to the U.S. detracted from relative performance during the period. This resulted primarily from being underweight a fuel cell manufacturer that represented a significant position size in the Index.
FACTOR
IMPACT
SUMMARY
Utilities
Positive
Stock selection and allocation contributed to relative returns, particularly an overweight position in Axia Energia, holdings in the out-of-benchmark names SABESP and Fortum, and the avoidance of the benchmark names Barito Renewables and NHPC Ltd.
Information technology
Positive
Stock selection was the primary contributor to relative returns, particularly the out-of-benchmark name Infineon Technologies.
Energy
Negative
Stock selection was negative, as the Fund held two out-of-benchmark names, Technip Energies and Cameco, which underperformed the Index. The weighting to the energy sector was small for both the Fund and the Index, at 1%–2%.
U.S.
Negative
Stock selection was negative, as the Fund was underweight Bloom Energy, which significantly outperformed. In addition, the out-of-benchmark holding Constellation Energy underperformed 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 | $ | $ |
8/31/25 | $8,910 | $ | $ |
9/30/25 | $9,605 | $ | $ |
10/31/25 | $10,716 | $ | $ |
11/30/25 | $10,643 | $ | $ |
12/31/25 | $10,470 | $ | $ |
1/31/26 | $11,624 | $ | $ |
2/28/26 | $11,684 | $ | $ |
3/31/26 | $11,545 | $ | $ |
4/30/26 | $13,137 | $ | $ |
5/31/26 | $14,720 | $ | $ |
6/30/26 | $13,024 | $ | $ |
7/31/26 | $11,358 | $ | $ |
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, 2026)
Fund net assets | $ |
|---|---|
Total number of portfolio holdings | |
Total advisory fees paid | $ |
Portfolio turnover rate |
ASSET ALLOCATION Footnote Reference(1)
Industrials | |
|---|---|
Utilities | |
Information Technology | |
Energy |
| Footnote | Description |
Footnote(1) | Percentage of total investments as of July 31, 2026. |
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 Duff & Phelps Real Estate Income ETF
DPRE / 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 Real Estate Income ETF | $ |
| Footnote | Description |
Footnote(a) |
Portfolio Manager Commentary by Duff & Phelps Investment Management Co.
For the period April 14, 2026 (commencement of operations) to July 31, 2026, the Fund at NAV returned 7.03%. For the same period, the Wilshire 5000 Total Market Index, a broad-based securities market index, returned 7.67%, and the FTSE Nareit Equity REITs Index, which serves as the style-specific index, returned 7.96%.
What factors impacted Fund performance over the reporting period?
The Fund utilizes an actively managed, bottom-up fundamental research approach to offer dedicated exposure to equity real estate investment trusts (REITs) and real estate-focused fixed income with objectives of reduced volatility and higher yield as compared to category averages. Since the Fund’s inception, positive property sector allocation and selection contributed to outperformance relative to the FTSE NAREIT Equity REITs Index (“Index”), the Fund’s style-specific index. Stock selection within the healthcare property sector was the largest contributor to performance, followed by stock selection within the office sector. Stock selection within the specialty and self-storage sectors detracted the most from performance. The largest contributors to performance since inception were Highwoods, Healthpeak, Ryman Hospitality, Cousins Properties, and Apple Hospitality. The largest detractors from performance during the period were Ventas, Millrose Properties, Gaming and Leisure Properties, ProLogis, and a Simon 4.75% 2034 note. The following table outlines key factors that materially affected the Fund’s performance during the reporting period.
FACTOR
IMPACT
SUMMARY
Highwoods
Positive
Highwoods’ equity shares significantly outperformed the Index and contributed to performance within the office property sector, due to continued fundamental improvement in the company’s office portfolio.
Healthpeak
Positive
Healthpeak’s shares significantly outperformed the Index and contributed to performance within the healthcare property sector. Appreciation in the shares was due to earnings exceeding expectations, partially driven by the initial public offering of shares in Janus Living, its senior housing operating platform.
Ventas
Negative
Shares of Ventas, a healthcare REIT, outperformed the Index, and the Fund’s underweight positioning detracted from performance.
Millrose Properties
Negative
Millrose, a land bank REIT in the specialty sector, held in an overweight position, detracted from the Fund’s performance due to uncertainty surrounding its financing options relative to its external growth appetite.
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
4/14/26 | $10,000 | $ | $ |
|---|---|---|---|
4/30/26 | $10,205 | $ | $ |
5/31/26 | $10,227 | $ | $ |
6/30/26 | $10,524 | $ | $ |
7/31/26 | $10,703 | $ | $ |
ANNUAL AVERAGE TOTAL RETURNS | Since Inception
|
|---|---|
Virtus Duff & Phelps Real Estate Income ETF - NAV | |
Wilshire 5000 Total Market Index | |
FTSE Nareit Equity REITs Index |
• The Wilshire 5000 Total Market 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 FTSE Nareit Equity REITs Index is a free-float market capitalization-weighted index measuring equity tax-qualified real estate investment trusts, which meet minimum size and liquidity criteria, that are listed on the New York Stock Exchange, the American Stock Exchange and the NASDAQ National Market System. 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, 2026)
Fund net assets | $ |
|---|---|
Total number of portfolio holdings | |
Total advisory fees paid | $ |
Portfolio turnover rate |
ASSET ALLOCATION Footnote Reference(1)
Real Estate | |
|---|---|
Corporate Bonds | |
Preferred Stocks |
| Footnote | Description |
Footnote(1) | Percentage of total investments as of July 31, 2026. |
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.
8678
Virtus Emerging Markets Dividend ETF
VEM / 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 Emerging Markets Dividend ETF | $ |
| Footnote | Description |
Footnote(a) |
Portfolio Manager Commentary by Virtus Systematic
For the period February 3, 2026 (commencement of operations) to July 31, 2026, the Fund at NAV returned 9.92%. For the same period, the MSCI Emerging Markets Index (net), a broad-based securities market index, returned 9.70%.
What factors impacted Fund performance over the reporting period?
From the Fund's inception on February 3, 2026, through July 31, 2026, the Fund overperformed the MSCI Emerging Markets Index (net) (“Index”). Stock selection in industrials, information technology, and energy contributed the most to the Fund’s performance relative to the Index. Stock selection in materials, utilities, and consumer discretionary detracted the most from the Fund’s performance. The biggest individual contributors to performance during the reporting period were Delta Electronics, Samsung Electronics (preferred), SITC International Holdings, Alibaba, and Kiatnakin Phatra Bank. The biggest detractors from performance during the same period were Samsung Electronics, Bank Mandiri, Infosys, Mediatek, and China Hongqiao. The following table outlines key factors that materially affected the Fund’s performance during the reporting period.
FACTOR
IMPACT
SUMMARY
Stock selection in industrials
Positive
Shipping rates in SITC’s primary areas of operations increased with the closure of the Strait of Hormuz.
Stock selection in information technology
Positive
Optimism about artificial intelligence (AI) boosted electronics stocks and AI input providers including component and memory producers Delta and Samsung.
Stock selection in materials
Negative
Some of the Fund’s holdings lagged the wider Index due to strength in specific sections of the materials market that the Fund was less exposed to.
Stock selection in consumer discretionary
Negative
Some of the Fund’s holdings like China Brilliance Auto lagged the wider Index names due to weakness in the Chinese automotive sector.
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
2/3/26 | $10,000 | $ |
|---|---|---|
2/28/26 | $10,407 | $ |
3/31/26 | $9,216 | $ |
4/30/26 | $10,299 | $ |
5/31/26 | $11,092 | $ |
6/30/26 | $10,913 | $ |
7/31/26 | $10,992 | $ |
ANNUAL AVERAGE TOTAL RETURNS | Since Inception
|
|---|---|
Virtus Emerging Markets Dividend ETF - NAV | |
MSCI Emerging Markets Index (net) |
• The MSCI Emerging Markets Index (net) is a free float-adjusted market capitalization-weighted index designed to measure equity market performance in the global emerging markets. 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.
KEY FUND STATISTICS (as of July 31, 2026)
Fund net assets | $ |
|---|---|
Total number of portfolio holdings | |
Total advisory fees paid | $ |
Portfolio turnover rate |
ASSET ALLOCATION Footnote Reference(1)
Information Technology | |
|---|---|
Financials | |
Industrials | |
Materials | |
Energy | |
Consumer Discretionary | |
Consumer Staples | |
Communication Services | |
Utilities |
| Footnote | Description |
Footnote(1) | Percentage of total investments as of July 31, 2026. |
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.
8679
Virtus International Dividend ETF
VDI / 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 International Dividend ETF | $ |
| Footnote | Description |
Footnote(a) |
Portfolio Manager Commentary by Virtus Systematic
For the period December 2, 2025 (commencement of operations) to July 31, 2026, the Fund at NAV returned 22.43%. For the same period, the MSCI World Ex USA Index (net), a broad-based securities market index, returned 15.20%.
What factors impacted Fund performance over the reporting period?
From the Fund's inception on December 2, 2025, through July 31, 2026, the Fund outperformed the MSCI World Ex USA Index (net) (“Index”). Stock selection in financials, industrials, and health care contributed the most to the Fund’s performance relative to the Index. Stock selection in real estate, communication services, and consumer discretionary detracted the most from the Fund’s performance. The biggest individual contributors to performance during the reporting period were HSBC, ASML, BHP, Wallenius Wilhelmsen, and Toronto-Dominion Bank. The biggest detractors from performance during the same period were Kioxia, Infineon Technologies, TELUS, Shopify, and Mercedes-Benz. The following table outlines key factors that materially affected the Fund’s performance during the reporting period.
FACTOR
IMPACT
SUMMARY
Stock selection in financials
Positive
HSBC and Toronto-Dominion Bank were among the Fund's largest individual contributors. European banks also posted strong earnings and upward revisions to future estimates, led by banks across the region.
Stock selection in industrials
Positive
Wallenius Wilhelmsen contributed as defense and industrial firms posted strong earnings and upward revisions to future estimates.
Stock selection in communication services
Negative
Some of the Fund’s holdings like TELUS lagged the Index after posting weaker than expected earnings.
Stock selection in consumer discretionary
Negative
Mercedes-Benz was among the Fund's largest individual detractors as it faced competition and future threats from Chinese automotive producers, as well as lost market share in China.
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
12/2/25 | $10,000 | $ |
|---|---|---|
12/31/25 | $10,389 | $ |
1/31/26 | $11,007 | $ |
2/28/26 | $11,681 | $ |
3/31/26 | $10,740 | $ |
4/30/26 | $11,527 | $ |
5/31/26 | $11,831 | $ |
6/30/26 | $11,920 | $ |
7/31/26 | $12,243 | $ |
ANNUAL AVERAGE TOTAL RETURNS | Since Inception
|
|---|---|
Virtus International Dividend ETF - NAV | |
MSCI World Ex USA Index (net) |
• The MSCI World ex USA Index (net) is a free float-adjusted market capitalization-weighted index that measures large and mid cap equity performance of 22 of 23 developed market countries, excluding the U.S. 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.
KEY FUND STATISTICS (as of July 31, 2026)
Fund net assets | $ |
|---|---|
Total number of portfolio holdings | |
Total advisory fees paid | $ |
Portfolio turnover rate |
ASSET ALLOCATION Footnote Reference(1)
Financials | |
|---|---|
Industrials | |
Information Technology | |
Energy | |
Utilities | |
Materials | |
Consumer Staples | |
Health Care | |
Communication Services | |
Real Estate | |
Consumer Discretionary |
| Footnote | Description |
Footnote(1) | Percentage of total investments as of July 31, 2026. |
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.
8680
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 | $ |
Portfolio Manager Commentary by Kayne Anderson Rudnick Investment Management, LLC
For the fiscal year ended July 31, 2026, the Fund at NAV returned 1.80%. For the same period, the Wilshire 5000 Total Market Index, a broad-based securities market index, returned 19.69%, and the Russell Midcap® Index, which serves as the style-specific index, returned 18.68%.
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. Underweights in communication services and consumer staples contributed to performance relative to the Russell Midcap® Index, which serves as the Fund’s style-specific index, for the 12 months ended July 31, 2026. Stock selection and an underweight in financials, and stock selection and an overweight in industrials, detracted from performance. The biggest contributors to relative performance for the 12-month period were Monolithic Power Systems, Ross Stores, AMETEK, Westinghouse Air Brake Technologies, and Old Dominion Freight Line. The biggest detractors from performance for the fiscal period were Broadridge Financial Solutions, Rollins, Pentair, Lennox International, and Verisk Analytics.
FACTOR
IMPACT
SUMMARY
Monolithic Power Systems
Positive
Monolithic Power Systems saw growth in its Enterprise Data segment as contracts for artificial intelligence (AI)/datacenter power began to convert into revenues. The company also saw broad-based growth across nearly all other customer segments.
Ross Stores
Positive
Ross Stores reported improving results, driven by its branded strategy, store refresh initiatives, and new marketing campaigns. The company generated comparable sales growth above peers and benefited from ongoing consumer price sensitivity.
Broadridge Financial Solutions
Negative
Shares declined due to concerns about new competition from blockchain tokenization of securities. The New York Stock Exchange announced its own tokenized security platform. In response to these challenges, the Fund sold its shares during the period.
Rollins
Negative
Rollins saw weakness as organic growth in its Residential segment was been pressured due to a sluggish housing market, as well as competitive pressure from search engine innovations that impeded new lead volumes for the company’s Orkin Pest Control business.
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 | $ | $ |
8/31/25 | $9,891 | $ | $ |
9/30/25 | $9,865 | $ | $ |
10/31/25 | $9,753 | $ | $ |
11/30/25 | $9,680 | $ | $ |
12/31/25 | $9,746 | $ | $ |
1/31/26 | $10,103 | $ | $ |
2/28/26 | $10,339 | $ | $ |
3/31/26 | $9,540 | $ | $ |
4/30/26 | $10,204 | $ | $ |
5/31/26 | $9,926 | $ | $ |
6/30/26 | $10,055 | $ | $ |
7/31/26 | $10,010 | $ | $ |
ANNUAL AVERAGE TOTAL RETURNS | 1 Year | Since Inception
|
|---|---|---|
Virtus KAR Mid-Cap ETF - NAV | ||
Wilshire 5000 Total Market Index | ||
Russell Midcap® Index |
• The Wilshire 5000 Total Market 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, 2026)
Fund net assets | $ |
|---|---|
Total number of portfolio holdings | |
Total advisory fees paid | $ |
Portfolio turnover rate |
ASSET ALLOCATION Footnote Reference(1)
Industrials | |
|---|---|
Health Care | |
Financials | |
Information Technology | |
Consumer Discretionary |
| Footnote | Description |
Footnote(1) | Percentage of total investments as of July 31, 2026. |
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 Securitized Income 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 Securitized Income ETF | $ |
Portfolio Manager Commentary by Newfleet Asset Management
For the fiscal year ended July 31, 2026, the Fund at NAV returned 3.70%. For the same period, the Bloomberg U.S. Aggregate Bond Index, a broad-based securities market index, returned 2.71%, and the ICE BofA 1-3 Year A-BBB US Corporate Index, which serves as the style-specific index, returned 3.95%.
What factors impacted Fund performance over the reporting period?
The Fund underperformed the ICE BofA 1-3 Year A-BBB U.S. Corporate Index, its style-specific index, over the 12-month period. Positive results were driven primarily by overweight allocations to commercial asset-backed securities (ABS), non-agency residential mortgage-backed securities (RMBS), and esoteric ABS. A resilient economy, limited housing supply, and strong consumer, commercial, and residential loan performance supported credit fundamentals across the portfolio. The Fund was negatively impacted by exposure to Tricolor, a subprime auto issuer that filed for bankruptcy. The bankruptcy and related disruption to noteholder cash flows caused the security’s price to decline sharply.
FACTOR
IMPACT
SUMMARY
ABS and RMBS
Positive
Overweight allocations to Veros Auto, Onslow Bay Financial, and a Westin resort contributed to positive performance.
Security selection
Negative
The allocation to Tricolor detracted from performance. This subprime auto issuer filed for bankruptcy in late 2025. Shortly after the filing, noteholders were informed of alleged fraud in which the company had double-pledged loans to securitization vehicles and investment banks. Noteholder cash flows were interrupted and, as a result, the price of the security dropped dramatically.
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 | $ | $ |
8/31/25 | $11,554 | $ | $ |
9/30/25 | $11,489 | $ | $ |
10/31/25 | $11,515 | $ | $ |
11/30/25 | $11,581 | $ | $ |
12/31/25 | $11,619 | $ | $ |
1/31/26 | $11,675 | $ | $ |
2/28/26 | $11,763 | $ | $ |
3/31/26 | $11,705 | $ | $ |
4/30/26 | $11,752 | $ | $ |
5/31/26 | $11,796 | $ | $ |
6/30/26 | $11,827 | $ | $ |
7/31/26 | $11,846 | $ | $ |
ANNUAL AVERAGE TOTAL RETURNS | 1 Year | 5 Years | Since Inception
|
|---|---|---|---|
Virtus Newfleet Securitized Income 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, 2026)
Fund net assets | $ |
|---|---|
Total number of portfolio holdings | |
Total advisory fees paid | $ |
Portfolio turnover rate |
ASSET ALLOCATION Footnote Reference(1)
Mortgage Backed Securities | |
|---|---|
Asset Backed Securities | |
Corporate Bond |
| Footnote | Description |
Footnote(1) | Percentage of total investments as of July 31, 2026. |
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 | $ |
Portfolio Manager Commentary by Newfleet Asset Management
For the fiscal year ended July 31, 2026, the Fund at NAV returned 3.57%. For the same period, the Bloomberg U.S. Aggregate Bond Index, a broad-based securities market index, returned 2.71%, and the ICE BofA 1-5 Year US Corporate & Government Index, which serves as the style-specific index, returned 3.05%.
What factors impacted Fund performance over the reporting period?
Sector selection contributed to performance relative to the Fund’s style-specific benchmark, the ICE BofA 1-5 Year Corporate & Government Index, for the 12-month period. The Fund’s underweight to U.S. Treasuries was a key contributor to performance. Sector allocation within the non-agency residential mortgage-backed securities (RMBS) sector had a positive impact on performance during the period. The Fund’s allocation to asset-backed securities (ABS) contributed to performance, however, issue selection within the sector detracted. The Fund’s underweight to investment grade corporate bonds modestly detracted from performance.
FACTOR
IMPACT
SUMMARY
U.S. Treasuries
Positive
The Fund’s underweight to U.S. Treasuries had a positive impact, as spread sectors (investments other than risk-free government debt) outperformed during the period.
Non-agency RMBS
Positive
Sector allocation within RMBS contributed to performance for the period. The sector benefited from resilient housing fundamentals, including stable home prices, substantial homeowner equity, and the continuing aging of the underlying mortgages. Performance was further supported by strong investor demand and continued upgrades across collateral backed by mortgage loans that have been outstanding for more than one year.
ABS
Mixed
Allocation to the sector had a positive impact on performance, however, issue selection within the sector detracted. ABS benefited from a combination of stable underlying consumer fundamentals, strong investor demand, and attractive relative valuations. Despite elevated new issuance pricing remained stable as new deals were consistently well absorbed by the market.
Investment grade corporate bonds
Negative
The Fund’s underweight to investment grade corporate bonds modestly detracted from performance during the period, as favorable credit conditions and supportive market conditions drove strong returns across the sector.
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 | $ | $ |
8/31/25 | $11,283 | $ | $ |
9/30/25 | $11,283 | $ | $ |
10/31/25 | $11,321 | $ | $ |
11/30/25 | $11,383 | $ | $ |
12/31/25 | $11,419 | $ | $ |
1/31/26 | $11,464 | $ | $ |
2/28/26 | $11,530 | $ | $ |
3/31/26 | $11,470 | $ | $ |
4/30/26 | $11,521 | $ | $ |
5/31/26 | $11,554 | $ | $ |
6/30/26 | $11,581 | $ | $ |
7/31/26 | $11,584 | $ | $ |
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 US Corporate & Government 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, 2026)
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, 2026. |
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 | $ |
Portfolio Manager Commentary by Newfleet Asset Management
For the fiscal year ended July 31, 2026, the Fund at NAV returned 5.35%. For the same period, the Bloomberg U.S. Aggregate Bond Index, a broad-based securities market index, returned 2.71%, and the ICE BofA 1-3 Year BB US Cash Pay High Yield Index, a style-specific index, returned 5.06%.
What factors impacted Fund performance over the reporting period?
Positive industry allocation to leisure, security selection within metals & mining, energy and media other, and security selection within the single-B rating tier contributed to the Fund's outperformance relative to the ICE BofA 1-3 Year BB US Cash Pay High Yield Index (“Index”), the Fund’s style-specific index. Issue selection within building products, media cable, and chemicals hurt relative performance. The biggest contributors to absolute performance for the 12-month period were bonds issued by Coronado Finance, Neptune Bidco, Millenium Escrow, Helix Energy, and Noble Finance. The biggest detractors from absolute performance were bonds issued by CSC Holdings, SGUS LLC, Ineos Quattro, Cornerstone Building, and Kronos Acquisition. The following table outlines key factors that materially affected the Fund's performance during the reporting period.
FACTOR
IMPACT
SUMMARY
Rise in global oil and natural gas prices due to Middle East conflict
Positive
The partial closure of the Strait of Hormuz caused a spike in oil prices and natural gas prices in Europe and Asia. These higher prices led to higher earnings for numerous energy-related firms. Multiple bonds from energy-related issuers performed well during the reporting period due to these improved results and outlook.
Cable exposure
Negative
Multiple cable issuers posted weaker than expected results during the period. Increased competition from fiber and wireless players caused declines in valuation multiples and higher debt-to-enterprise-value ratios, which generally are considered to indicate higher financial risk. The worsening credit metrics and higher level of uncertainty about future earnings resulted in poor performance by cable bonds, especially those of CSC Holdings.
Exposure to Nielsen
Positive
The media ratings firm Nielsen posted improved performance during the reporting period while also announcing contract extensions with important clients. Nielsen issues bonds via Neptune Bidco, and those bond prices had strong performance during the period.
Building products exposure
Negative
Elevated interest rates, higher material costs, and economic uncertainty led to slower new home construction by homebuilders. Building products firms that are suppliers to homebuilders consequently posted weak results, and bond prices moved lower.
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 | $ | $ |
8/31/25 | $14,183 | $ | $ |
9/30/25 | $14,280 | $ | $ |
10/31/25 | $14,321 | $ | $ |
11/30/25 | $14,365 | $ | $ |
12/31/25 | $14,426 | $ | $ |
1/31/26 | $14,512 | $ | $ |
2/28/26 | $14,550 | $ | $ |
3/31/26 | $14,442 | $ | $ |
4/30/26 | $14,647 | $ | $ |
5/31/26 | $14,727 | $ | $ |
6/30/26 | $14,771 | $ | $ |
7/31/26 | $14,779 | $ | $ |
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 1-3 Year 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, 2026)
Fund net assets | $ |
|---|---|
Total number of portfolio holdings | |
Total advisory fees paid | $ |
Portfolio turnover rate |
ASSET ALLOCATION Footnote Reference(1)
Corporate Bonds | |
|---|---|
Foreign Bonds | |
Common StockFootnote Reference(2) |
| Footnote | Description |
Footnote(1) | Percentage of total investments as of July 31, 2026. |
Footnote(2) | Amount rounds to less than 0.05%. |
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 | $ |
Portfolio Manager Commentary by Seix Investment Advisors
For the fiscal year ended July 31, 2026, the Fund at NAV returned 5.07%. For the same period, the Bloomberg U.S. Aggregate Bond Index, a broad-based securities market index, returned 2.71%, and the J.P. Morgan CLOIE AAA Index, which serves as the style-specific index, returned 5.03%.
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 for the 12-month period. The Fund’s strategy was put to the test as market concerns about the potential disruption that artificial intelligence (AI) could have on the software industry also affected the insurance and financial industries. Fears about inflation and a weakening economy also impacted market expectations as the Middle East conflagration unfolded. However, the Fund demonstrated resilience during the volatility as its focus on high quality CLO tranches, as well as security selection within those 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
With AI software disruption and Middle East turmoil increasing volatility during the first quarter of 2026, the Fund’s selection of high-quality CLO managers in the private sector limited downside movement. The Fund’s high-quality positioning helped to maintain a relatively steady net asset value (NAV) throughout the 12-month 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
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 | $ | $ |
8/31/25 | $10,407 | $ | $ |
9/30/25 | $10,456 | $ | $ |
10/31/25 | $10,501 | $ | $ |
11/30/25 | $10,556 | $ | $ |
12/31/25 | $10,599 | $ | $ |
1/31/26 | $10,643 | $ | $ |
2/28/26 | $10,680 | $ | $ |
3/31/26 | $10,699 | $ | $ |
4/30/26 | $10,754 | $ | $ |
5/31/26 | $10,793 | $ | $ |
6/30/26 | $10,830 | $ | $ |
7/31/26 | $10,876 | $ | $ |
ANNUAL AVERAGE TOTAL RETURNS | 1 Year | 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, 2026)
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, 2026. |
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 | $ |
Portfolio Manager Commentary by Seix Investment Advisors
For the fiscal year ended July 31, 2026, the Fund at NAV returned 5.29%. For the same period, the Bloomberg U.S. Aggregate Bond Index, a broad-based securities market index, returned 2.71%, and the S&P UBS Leveraged Loan Index, which serves as the style-specific index, returned 4.27%.
What factors impacted Fund performance over the reporting period?
For the 12-month period, performance relative to the S&P UBS Leveraged Loan Index (“Index”), which serves as the Fund’s style-specific benchmark, was positively affected by both industry allocation and security selection in information technology, automotive, and chemicals. This was partially offset by industry allocation and/or security selection in telecommunications, health care, and services. Security selection and higher-quality holdings positioning were the Fund’s keys to performance for the 12 months as the market experienced pressure from both the potential impact of artificial intelligence (AI), with software experiencing the greatest negative impact, and the Middle East conflict, which created energy and chemical supply disruptions. Lower-quality issues were negatively impacted as strong corporate balance sheets and business fundamentals were rewarded. The top individual contributors to performance for the reporting period were Emergent Biosolutions, Oravel Stays Private, and the decision not to own First Brands. The biggest detractors were Soliant Lower Intermediate, Altice International, and Perforce Software.
FACTOR
IMPACT
SUMMARY
AI disruption and Middle East turmoil
Mixed
The market struggled in January with concerns about AI potentially upending the software industry, and this negative sentiment hurt other sectors as well. As that stress dissipated, Middle East tensions arose. The resulting selloff hurt lower-quality issuers across multiple industries, while the Fund’s higher quality positioning helped the portfolio. The Middle East conflict increased concerns about higher energy and chemical prices, as well as a possible economic slowdown. Both these factors hurt Index performance during the 1st qtr of 2026.
Industry allocation /
Security selection
Positive
Strong security selection as well as positive industry allocation contributed to Fund performance relative to the Index. The Fund focuses on higher-quality issuers, which helped the portfolio avoid much of the negative impact of the market dislocation mentioned above, and culminated in strong relative performance for the 12-month 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 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 | $ | $ |
8/31/25 | $13,957 | $ | $ |
9/30/25 | $14,035 | $ | $ |
10/31/25 | $14,045 | $ | $ |
11/30/25 | $14,091 | $ | $ |
12/31/25 | $14,191 | $ | $ |
1/31/26 | $14,165 | $ | $ |
2/28/26 | $14,144 | $ | $ |
3/31/26 | $14,204 | $ | $ |
4/30/26 | $14,412 | $ | $ |
5/31/26 | $14,484 | $ | $ |
6/30/26 | $14,503 | $ | $ |
7/31/26 | $14,604 | $ | $ |
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, 2026)
Fund net assets | $ |
|---|---|
Total number of portfolio holdings | |
Total advisory fees paid | $ |
Portfolio turnover rate |
ASSET ALLOCATION Footnote Reference(1)
Term Loans | |
|---|---|
Corporate Bonds | |
Foreign Bonds | |
Asset Backed Security | |
Affiliated Exchange Traded Fund | |
Common StocksFootnote Reference(2) |
| Footnote | Description |
Footnote(1) | Percentage of total investments as of July 31, 2026. |
Footnote(2) | Amount rounds to less than 0.05%. |
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 Silvant Growth Opportunities ETF
VGRO / 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 Silvant Growth Opportunities ETF | $ |
| Footnote | Description |
Footnote(a) |
Portfolio Manager Commentary by Silvant Capital Management LLC
For the period December 22, 2025 (commencement of operations) to July 31, 2026, the Fund at NAV returned -0.59%. For the same period, the Wilshire 5000 Total Market Index, a broad-based securities market index, returned 9.72%, and the Russell 1000® Growth Index, which serves as the style-specific index, returned -0.35%.
What factors impacted Fund performance over the reporting period?
For the reporting period, the majority of the Fund’s investment performance, both positive and negative, was driven by stock selection. The Fund slightly lost value during this time period while also slightly underperforming the Russell 1000® Growth Index (“Index”), primarily due to stock selection with the technology sector. The Fund’s technology stocks lost an average of approximately -5.28%, while the Index’s technology stocks gained 0.99% for the period. Additionally, within the Index, technology stocks primarily focused on the semiconductor memory industry had an especially positive return for the period. For the same period, the software stocks within the Index lagged dramatically, with some even losing value, as fears spread that artificial intelligence (AI) could displace software’s competitive advantage in certain industries in the future. Fair Isaac, Autodesk, and AppLovin detracted from performance during the period. GE Vernova contributed to performance during the period. The following table outlines key factors that materially affected the Fund’s performance during the reporting period.
FACTOR
IMPACT
SUMMARY
Fair Isaac
Negative
Fair Isaac provides decision management solutions and operates through its software and scores segments. The company underperformed due to investor uncertainty about future competitive dynamics within Fair Isaac’s scores segment. This stemmed from the announcement that Fannie Mae and Freddie Mac would permit lenders to use VantageScore 4.0 as an alternative to Fair Isaac’s Classic FICO score for mortgage credit decisions.
Autodesk
Negative
Autodesk engages in the design of software and services. Despite positive business fundamentals, the company underperformed due to investor fears that AI could severely disrupt the software business.
GE Vernova
Positive
GE Vernova’s products and services generate, transfer, orchestrate, convert, and store electricity. The company outperformed due to better-than-expected quarterly earnings results and strong growth in orders.
AppLovin
Negative
AppLovin engages in the development and operation of a mobile marketing platform. The company underperformed due to fears about slowing growth and uncertainty about the prospects for e-commerce advertising.
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
12/22/25 | $10,000 | $ | $ |
|---|---|---|---|
12/31/25 | $9,954 | $ | $ |
1/31/26 | $9,754 | $ | $ |
2/28/26 | $9,474 | $ | $ |
3/31/26 | $8,906 | $ | $ |
4/30/26 | $10,067 | $ | $ |
5/31/26 | $10,686 | $ | $ |
6/30/26 | $10,243 | $ | $ |
7/31/26 | $9,941 | $ | $ |
ANNUAL AVERAGE TOTAL RETURNS | Since Inception
|
|---|---|
Virtus Silvant Growth Opportunities ETF - NAV | - |
Wilshire 5000 Total Market Index | |
Russell 1000® Growth Index | - |
• The Wilshire 5000 Total Market 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 1000® Growth Index is a free float-adjusted market capitalization-weighted index of growth-oriented stocks of the 1,000 largest companies in the Russell Universe, which comprises the 3,000 largest U.S. companies. 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 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, 2026)
Fund net assets | $ |
|---|---|
Total number of portfolio holdings | |
Total advisory fees paid | $ |
Portfolio turnover rate |
ASSET ALLOCATION Footnote Reference(1)
Information Technology | |
|---|---|
Communication Services | |
Industrials | |
Consumer Discretionary | |
Health Care | |
Financials | |
Materials |
| Footnote | Description |
Footnote(1) | Percentage of total investments as of July 31, 2026. |
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.
8681
Virtus Silvant Small/Mid Growth ETF
SSMG / 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 Silvant Small/Mid Growth ETF | $ |
| Footnote | Description |
Footnote(a) |
Portfolio Manager Commentary by Silvant Capital Management LLC
For the period April 21, 2026 (commencement of operations) to July 31, 2026, the Fund at NAV returned 2.46%. For the same period, the Wilshire 5000 Total Market Index, a broad-based securities market index, returned 6.09%, and the Russell 2500™ Growth Index, which serves as the style-specific index, returned 1.79%.
What factors impacted Fund performance over the reporting period?
During the period, the Fund demonstrated positive stock selection relative to the Russell 2500 Growth® Index (“Index”), primarily within the industrials sector, while experiencing negative relative performance from sector selection. Sector allocation within the health care sector hampered relative results. The health care sector for the Index gained 12.04% during the period, while the Fund was underexposed to health care stocks relative to the Index, and the Fund’s health care stocks only rose by 6.03% during the reporting period. Lindblad Expeditions Holdings and Sterling Infrastructure contributed to performance during the period. Fabrinet and Celestica detracted from performance during the period. The following table outlines key factors that materially affected the Fund’s performance during the reporting period.
FACTOR
IMPACT
SUMMARY
Lindblad Expeditions Holdings
Positive
Lindblad Expeditions Holdings provides expedition cruising and travel services. The company performed well as it reported record occupancy and strong net yields, coupled with strong booking trends.
Sterling Infrastructure
Positive
Sterling Infrastructure provides construction solutions. The company outperformed as its E-infrastructure segment, which represents 70% of its total business and is heavily driven by datacenters, posted strong revenue and order trends.
Fabrinet
Negative
Fabrinet provides optical packaging and electronic manufacturing services to original equipment manufacturers. Investors became concerned about the sustainability of the company’s future growth related to its transceiver business with NVIDIA.
Celestica
Negative
Celestica provides supply chain solutions globally to equipment manufacturers and service providers. Although the company is a material beneficiary of the AI infrastructure buildout, investors became concerned about the sustainability of that buildout during the spring and summer of 2026.
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
4/21/26 | $10,000 | $ | $ |
|---|---|---|---|
4/30/26 | $10,184 | $ | $ |
5/31/26 | $10,960 | $ | $ |
6/30/26 | $11,382 | $ | $ |
7/31/26 | $10,246 | $ | $ |
ANNUAL AVERAGE TOTAL RETURNS | Since Inception
|
|---|---|
Virtus Silvant Small/Mid Growth ETF - NAV | |
Wilshire 5000 Total Market Index | |
Russell 2500™ Growth Index |
• The Wilshire 5000 Total Market 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 2500™ Growth Index is a free float-adjusted market capitalization-weighted index of growth-oriented stocks of the 2,500 smallest companies in the Russell Universe, which comprises the 3,000 largest U.S. companies. 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 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, 2026)
Fund net assets | $ |
|---|---|
Total number of portfolio holdings | |
Total advisory fees paid | $ |
Portfolio turnover rate |
ASSET ALLOCATION Footnote Reference(1)
Industrials | |
|---|---|
Information Technology | |
Health Care | |
Consumer Discretionary | |
Financials | |
Energy | |
Materials | |
Communication Services | |
Utilities | |
Real Estate |
| Footnote | Description |
Footnote(1) | Percentage of total investments as of July 31, 2026. |
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.
8682
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 | $ |
Portfolio Manager Commentary by Stone Harbor Investment Partners
For the fiscal year ended July 31, 2026, the Fund at NAV returned 12.78%. For the same period, the Bloomberg Emerging Markets USD Aggregate Bond Index, a broad-based securities market index, returned 5.65%, and the J.P. Morgan Hard Currency Credit 50-50 High Yield Index, which serves as the style-specific index, returned 11.36%.
What factors impacted Fund performance over the reporting period?
The Fund’s allocations to hard currency sovereign debt contributed to the bulk of its outperformance 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. Hard currency debt is generally denominated in currencies issued by developed countries, is globally traded, and is viewed as politically and economically stable. An overweight exposure and security selection in Venezuela were the largest contributors to performance. An underweight exposure to Bahrain also considerably boosted performance. Offsetting the performance was the Fund’s overweight exposure to Brazilian corporate debt, as well as an overweight exposure and security selection in Senegal.
FACTOR
IMPACT
SUMMARY
Venezuela
Positive
The Fund’s overweight exposure to Venezuela and security selection within the country contributed to performance. As investors increasingly focused on long-term recovery prospects and the potential for debt restructuring, the Fund’s holdings outperformed the broader Venezuelan bond market, generating meaningful performance.
Bahrain
Positive
The Fund benefited from an underweight allocation to Bahrain, where persistent questions surrounding debt sustainability and funding requirements weighed on market performance relative to peer countries.
Brazilian corporate debt
Negative
Several high-profile issuers experienced stress, causing investors to demand greater compensation for Brazilian credit risk. By 2026, debt renegotiations had reached record levels, judicial recovery filings were elevated, and many bonds became focal points for credit concerns. These events weighed on sentiment toward the broader Brazilian corporate bond universe.
Senegal
Negative
The Fund maintained an overweight position in Senegal during the fiscal year due to its constructive view of the country's medium-term fundamentals. However, performance was negatively impacted by greater-than-expected fallout from the debt audit, fiscal reporting revisions, and restructuring-related concerns, which weighed on investor confidence and caused spreads to widen more than anticipated.
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 | $ | $ |
8/31/25 | $14,160 | $ | $ |
9/30/25 | $14,233 | $ | $ |
10/31/25 | $14,597 | $ | $ |
11/30/25 | $14,671 | $ | $ |
12/31/25 | $14,874 | $ | $ |
1/31/26 | $15,205 | $ | $ |
2/28/26 | $15,342 | $ | $ |
3/31/26 | $14,932 | $ | $ |
4/30/26 | $15,497 | $ | $ |
5/31/26 | $15,691 | $ | $ |
6/30/26 | $15,811 | $ | $ |
7/31/26 | $15,723 | $ | $ |
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, 2026)
Fund net assets | $ |
|---|---|
Total number of portfolio holdings | |
Total advisory fees paid | $ |
Portfolio turnover rate |
ASSET ALLOCATION Footnote Reference(1)
Corporate Bonds and Notes | |
|---|---|
Foreign Government Securities | |
Foreign Bonds |
| Footnote | Description |
Footnote(1) | Percentage of total investments as of July 31, 2026. |
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 | $ |
Portfolio Manager Commentary by Virtus Investment Advisers, LLC
For the fiscal year ended July 31, 2026, the Fund at NAV returned 11.49%. For the same period, the S&P 500® Index, a broad-based securities market index, returned 19.56%, and the Terranova U.S. Quality Momentum Index, which serves as the style-specific index, returned 11.92%.
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. Exposures in the industrials 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 overweight positioning to momentum and value factors during the period. Underweight positions in large-cap technology stocks including Micron Technology and Nvidia, which were an outgrowth of the Fund’s equal weighting, detracted from relative performance. In addition, communications stocks including Alphabet experienced gains due to strong earnings growth, but detracted from Fund performance due to their underweights relative to the Index.
FACTOR
IMPACT
SUMMARY
Industrials / Information technology
Positive
Issue selection, particularly in Travelers and Allstate, enhanced returns relative to the Index. In addition, names like Vertiv Holdings and Advanced Quanta Services contributed to performance.
Momentum/Value
Positive
Overweight exposure to the momentum and value factors enhanced relative returns.
Technology / Communications
Negative
Underweight exposures to information technology and 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 as larger-cap names performed well.
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 | $ | $ |
8/31/25 | $17,414 | $ | $ |
9/30/25 | $17,914 | $ | $ |
10/31/25 | $17,799 | $ | $ |
11/30/25 | $17,676 | $ | $ |
12/31/25 | $17,634 | $ | $ |
1/31/26 | $17,721 | $ | $ |
2/28/26 | $17,950 | $ | $ |
3/31/26 | $16,785 | $ | $ |
4/30/26 | $17,989 | $ | $ |
5/31/26 | $18,752 | $ | $ |
6/30/26 | $19,406 | $ | $ |
7/31/26 | $19,087 | $ | $ |
ANNUAL AVERAGE TOTAL RETURNS | 1 Year | 5 Years | 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, 2026)
Fund net assets | $ |
|---|---|
Total number of portfolio holdings | |
Total advisory fees paid | $ |
Portfolio turnover rate |
ASSET ALLOCATION Footnote Reference(1)
Information Technology | |
|---|---|
Industrials | |
Financials | |
Health Care | |
Energy | |
Consumer Discretionary | |
Communication Services | |
Consumer Staples | |
Utilities | |
Materials | |
Real Estate |
| Footnote | Description |
Footnote(1) | Percentage of total investments as of July 31, 2026. |
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
Virtus U.S. Dividend ETF
VUS / 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 U.S. Dividend ETF | $ |
| Footnote | Description |
Footnote(a) |
Portfolio Manager Commentary by Virtus Systematic
For the period December 2, 2025 (commencement of operations) to July 31, 2026, the Fund at NAV returned 20.88%. For the same period, the Wilshire 5000 Total Market Index, a broad-based securities market index, returned 10.80%, and the Russell 3000® Index, which serves as the style-specific index, returned 10.71%.
What factors impacted Fund performance over the reporting period?
From the Fund’s inception on December 2, 2025, through July 31, 2026, the Fund outperformed the Russell 3000 Index (“Index”). Stock selection in information technology, industrials, and health care contributed the most to the Fund’s performance relative to the Index. Stock selection in energy, materials, and consumer staples detracted the most from the Fund’s performance. The biggest individual contributors to performance during the reporting period were Micron, SanDisk, Lam Research, Comfort Systems, and Vertiv Holdings. The biggest detractors from performance during the same period were AMD, Texas Instruments, Amazon, ServiceNow, and Intel. The following table outlines key factors that materially affected the Fund’s performance during the reporting period.
FACTOR
IMPACT
SUMMARY
Stock selection in information technology
Positive
The Fund's positions in Micron, SanDisk, and Lam Research contributed as surging demand for high-bandwidth memory and other artificial intelligence (AI) hardware drove earnings and pricing power sharply higher for semiconductor companies.
Stock selection in industrials
Positive
Comfort Systems and Vertiv Holdings contributed, benefiting from the data center construction and power infrastructure spending tied to the AI buildout.
Stock selection in energy and materials
Negative
The closure of the Strait of Hormuz disrupted oil supply and restarted inflation, boosting some of the energy providers that the Fund was underweight.
Stock selection in consumer staples
Negative
Consumer sectors lagged the rest of the market as inflation and spending worries weighed on many American consumer brands, and the Fund's holdings in the sector trailed those of 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
12/2/25 | $10,000 | $ | $ |
|---|---|---|---|
12/31/25 | $10,106 | $ | $ |
1/31/26 | $10,727 | $ | $ |
2/28/26 | $11,026 | $ | $ |
3/31/26 | $10,402 | $ | $ |
4/30/26 | $11,578 | $ | $ |
5/31/26 | $12,060 | $ | $ |
6/30/26 | $12,079 | $ | $ |
7/31/26 | $12,088 | $ | $ |
ANNUAL AVERAGE TOTAL RETURNS | Since Inception
|
|---|---|
Virtus U.S. Dividend ETF - NAV | |
Wilshire 5000 Total Market Index | |
Russell 3000® Index |
• The Wilshire 5000 Total Market 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 3000® Index is a free float-adjusted market capitalization-weighted index that measures the performance of the 3,000 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.
KEY FUND STATISTICS (as of July 31, 2026)
Fund net assets | $ |
|---|---|
Total number of portfolio holdings | |
Total advisory fees paid | $ |
Portfolio turnover rate |
ASSET ALLOCATION Footnote Reference(1)
Information Technology | |
|---|---|
Financials | |
Health Care | |
Industrials | |
Real Estate | |
Energy | |
Communication Services | |
Consumer Discretionary | |
Consumer Staples | |
Utilities | |
Materials |
| Footnote | Description |
Footnote(1) | Percentage of total investments as of July 31, 2026. |
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.
8683
