VUSE

Vident Core U.S. Equity Fund

As of 11/25/2020

Fund Details


Ticker VUSE
Primary Exchange NYSE
CUSIP 26922A503
Net Assets $356,383,165.20
Total Fund Annual Operating Expenses After Fee Waiver* 0.48%
Inception Date 1/21/2014
Shares Outstanding 10,500,000.00
30-Day SEC Yield
(as of 10/31/2020)
1.18%
Market Price $33.89
NAV $33.94
Premium/Discount -0.15%
30-Day Median Bid-Ask Spread 0.38%
Distribution Frequency Quarterly


*Effective February 1, 2020, Vident Advisory, LLC, the investment adviser to the Fund, has contractually agreed to waive two basis points (0.02%) of its unified management fee for the Fund until at least January 31, 2021. The fee waiver agreement may only be terminated by, or with the consent of, the Fund's Board of Trustees.



Investment Objectives: The Vident Core U.S. Equity Fund seeks to track the performance, before fees and expenses, of the Vident Core U.S. Stock IndexTM.


UNCERTAINTY & INSTABILITY

Broadly diversified company exposure within and across sectors helps to enhance the resilience of the portfolio.

HUMAN PRODUCTIVITY

Favors companies using capital efficiency and productivity with strong return on investments.


LEADERSHIP & GOVERNANCE

Companies with poor leadership and governance scores are removed from the investment universe.

VALUATION

Incorporates relative valuation in assessing and weightiting companies, seeking to acquire principles at favorable prices.





Fund Story
7.31.2020



Fund Literature
Prospectus, SAI, Annual Report...


Premium Discount Chart

Total Returns

Month End Performance
(as of 10/31/2020)
VUSE NAV Returns VUSE Market Price Returns
Cumulative
1 Month -0.34% -0.32%
3 Month 0.58% 0.64%
Year-to-date -12.93% -12.64%
Since Inception* 26.17% 26.36%
Average Annual
1 Year -8.23% -8.14%
3 Year -1.64% -1.60%
5 Year 3.73% 3.77%
Since Inception* 3.49% 3.51%

Quarter End Performance
(as of 9/30/2020)
VUSE NAV Returns VUSE Market Price Returns
Cumulative
Quarter 5.12% 5.04%
Year To Date -12.63% -12.36%
Since Inception* 26.60% 26.77%
Average Annual
1 Year -5.54% -5.47%
3 Year -1.17% -1.18%
5 Year 5.10% 5.12%
10 Year
Since Inception* 3.59% 3.61%

*Fund Inception Date: 1/21/2014

Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Short term performance is not a good indication of the fund's future performance, and an investment should not be made based solely on returns.



As of 10/31/2020

Sector Breakdown

Name Weight
Information Technology 21.76%
Consumer Discretionary 15.04%
Financials 12.45%
Health Care 11.38%
Industrials 10.21%
Consumer Staples 8.13%
Communication Services 7.94%
Materials 3.62%
Energy 3.15%
Utilities 3.06%
Real Estate 3.03%
Money Market Deposit Account 0.23%


As of 11/29/2020

Top Holdings

Top Holdings will be made available momentarily after the first full day of trading has completed.

Name Weight
CERENCE INC 0.96%
DARLING INGREDIENTS INC 0.75%
QUANTA SVCS INC 0.74%
ALLIANCE DATA SYSTEMS CORP 0.74%
BUILDERS FIRSTSOURCE INC 0.71%
GENERAL MTRS CO 0.71%
NORWEGIAN CRUISE LINE HLDG LTD SHS 0.69%
NUANCE COMMUNICATIONS INC 0.68%
FIRST SOLAR INC 0.67%
STIFEL FINL CORP 0.66%

Fund holdings and allocations are subject to change and should not be considered a recommendation to buy or sell any security. Please see our online holdings information here.


Carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. To obtain a prospectus download one here or call 800-617-0004. Please read it carefully before investing.

Investing involves risk, including the risk of loss of principal. VUSE has the same risks as the underlying securities traded on the exchange throughout the day at market price. Redemptions are limited and often commissions are charged on each trade. The Fund invests primarily in securities of large cap companies. As a result, the Fund’s performance may be adversely affected if the securities of large cap companies underperform. The Fund may also invest in small and medium-capitalization companies. Small and medium-capitalization companies tend to have more limited liquidity and greater price volatility than large-capitalization companies. The Fund invests in the securities included in, or representative of its Index regardless of their investment merits. The performance of the Fund may diverge from the Index. Because the Fund employs a representative sampling strategy and may also invest up to 20% of its assets in securities that are not included in the Index, the Fund may experience a tracking error to a greater extent than a fund that seeks to replicate an index. The Fund is not actively managed and its performance may be adversely affected by a general decline in the market segments relating to its Index. The Fund may invest a significant portion of its assets in the securities of companies of a particular sector of the economy therefore its performance will be especially sensitive to developments that significantly affect those sectors.

The fund’s investment advisor is Vident Advisory, LLC. VUSE's sub-adviser is Vident Investment Advisory (VIA). Vident Financial owns the index that underlies the fund. The Vident Core U.S. Equity Fund is distributed by ALPS Distributors, LLC. ALPS is not affiliated with Vident Financial, Vident Advisory or VIA.

Investor shares are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the Fund. Ordinary brokerage commissions may apply.

Diversification does not ensure a profit or protect against a loss.