Key stats
About Virtus KAR Mid-Cap ETF
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Inception date
Oct 15, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Virtus Advisers LLC
Distributor
VP Distributors LLC
ISIN
US92790A8687
KMID invests in mid-cap companies that are believed to be undervalued relative to their future growth potential, focusing on those with sustainable competitive advantages, strong management, and low financial risk. The strategy emphasizes firms with robust balance sheets and low leverage, concentrating primarily on US stocks and occasionally investing in ADRs. Typically maintaining a portfolio of 25 to 35 securities, the fund targets companies within the mid-cap range as defined by the Russell Midcap Index. KMID selects its investments based on thorough analysis and potential for growth over market cycles. As an actively managed ETF, KMID aims for long-term capital growth through this focused investment approach.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Producer Manufacturing
Electronic Technology
Technology Services
Commercial Services
Stocks93.46%
Producer Manufacturing19.79%
Electronic Technology15.76%
Technology Services14.24%
Commercial Services11.23%
Health Technology9.46%
Finance5.11%
Consumer Services4.62%
Distribution Services3.53%
Transportation3.46%
Retail Trade3.20%
Industrial Services3.06%
Bonds, Cash & Other6.54%
Cash6.54%
Stock breakdown by region
North America95.69%
Europe4.31%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
KMID invests in stocks. The fund's major sectors are Producer Manufacturing, with 19.79% stocks, and Electronic Technology, with 15.76% of the basket. The assets are mostly located in the North America region.
KMID assets under management is 31.58 M USD. It's risen 3.00% over the last month.
KMID fund flows account for 29.24 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, KMID pays dividends to its holders with the dividend yield of 0.09%. The last dividend (Dec 27, 2024) amounted to 0.01 USD. The dividends are paid annually.
KMID shares are issued by Virtus Investment Partners, Inc. under the brand Virtus. The ETF was launched on Oct 15, 2024, and its management style is Active.
KMID expense ratio is 0.80% meaning you'd have to pay 0.80% of your investment to help manage the fund.
KMID follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
KMID invests in stocks.
KMID price has risen by 1.26% over the last month, and its yearly performance shows a −0.96% decrease. See more dynamics on KMID price chart.
NAV returns, another gauge of an ETF dynamics, showed a −2.49% decrease in three-month performance and has increased by 2.28% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −2.49% decrease in three-month performance and has increased by 2.28% in a year.
KMID trades at a premium (0.10%) meaning the ETF is trading at a higher price than the calculated NAV.