DMCY vs. VWID ETF Comparison

Comparison of Democracy International Fund (DMCY) to Virtus WMC International Dividend ETF (VWID)

DMCY

Democracy International Fund

DMCY Description

The Democracy International Fund is a Global Markets ex-United States Large & Mid Cap international equity portfolio that is both democracy and market capitalization weighted. The Democracy International Fund seeks to track the total return performance, before fees and expenses, of the Democracy Investments International Index. The intent of the Fund is to enable investors to allocate more into democracies thereby shifting capital flows toward democratic countries and away from authoritarian countries. This could lower the cost of capital and improve economic growth for democracies and the opposite for authoritarians, resulting in market-based incentives for democratic reforms.

Grade (RS Rating)

Last Trade

$25.56

Average Daily Volume

1,217

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VWID

Virtus WMC International Dividend ETF

VWID Description

The investment seeks income. The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its objective by investing in equity securities that sub-adviser, believes will generate a higher dividend yield than is generally provided by equity markets in developed ex-U.S. countries, over a full market cycle within a framework that attempts to manage portfolio risk. It invests primarily in equity securities of foreign issuers of any market capitalization. The principal types of equity securities in which the fund invests are common and preferred stock, ADRs, GDRs and REITs.

Grade (RS Rating)

Last Trade

$27.24

Average Daily Volume

1,382

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DMCY	VWID
30 Days	-2.25%	-2.29%
60 Days	-4.85%	-6.03%
90 Days	-5.00%	-3.98%
12 Months	10.30%	7.70%

6 Overlapping Holdings

Symbol	Grade	Weight in DMCY	Weight in VWID	Overlap
E	F	0.21%	0.4%	0.21%
HSBH	B	0.79%	0.8%	0.79%
NVS	D	0.98%	2.93%	0.98%
STLA	F	0.21%	0.55%	0.21%
TD	F	0.52%	0.87%	0.52%
UL	D	0.65%	1.17%	0.65%

DMCY Overweight 16 Positions Relative to VWID

Symbol	Grade	Weight
EWT	C	3.86%
EWJ	D	3.26%
EIS	A	0.81%
SHOP	B	0.63%
ABBV	D	0.56%
NXPI	D	0.39%
CNI	D	0.38%
DEO	F	0.33%
WCN	A	0.29%
FLUT	A	0.28%
EWW	F	0.28%
LYG	F	0.27%
BCS	C	0.27%
VALE	F	0.11%
ICLR	D	0.1%
BNTX	D	0.04%

DMCY Underweight 5 Positions Relative to VWID

Symbol	Grade	Weight
HMC	F	-1.08%
TM	D	-0.86%
SMFG	B	-0.82%
MFG	B	-0.53%
MUFG	B	-0.32%