VDNI

V-Shares US Leadership Diversity ETF

Overview

Fund Details

As of 09/29/2023
Ticker VDNI
Inception Date 12/20/2021
CUSIP 56167N423
Primary Exchange NYSE Arca
Net Assets ($) 1,163,066.54
Shares Outstanding 50,000
Expense Ratio 0.29%
Fund Type Index Based
Number of Holdings 608
Index Ticker ISSDIVUT Index
Index Name ISS ESG US Diversity Index

ETF Summary

The V-Shares US Leadership Diversity ETF (VDNI) invests in domestic companies (US) exhibiting broad ethnic and gender representation for Directors and Named Executive Officers (NEO).

The fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the ISS ESG U.S. Diversity Index Total Return (Ticker ISSDIVUT).

Fund Documents

  Factsheet   Summary
Prospectus   Statutory
Prospectus   SAI   Semi-Annual
Report   Part F Schedule of
Investments 7/31/22   Part F Schedule of
Investments 1/31/23   Annual Report

Three reasons to consider VDNI

1. Get Your US All Cap Exposure through an Innovative ETF – VDNI tracks a pioneering index
VDNI provides exposure to large-, mid-, and small-cap U.S. companies that exhibit a broad ethnic and gender representation of directors and Named Executive Officers (NEO). The underlying index displays a correlation1 close to 1 with the Russell 3000 and the S&P500.
   1 Source : Bloomberg.

2. Unlock the Diversity Value – Research finds that diversity at the top is a catalyst for outperformance
Three of the latest reports from McKinsey2 showed that companies in the top quartile for gender diversity on executive teams were 25% more likely to have above-average profitability than companies in the fourth quartile, up from 21% in 2017 and 15% in 2014. The performance gap is widening between fast movers and slow movers in that department.
   2 Source : McKinsey reports Why Diversity Matters (2015), Delivering Through Diversity (2018), and Diversity Wins (2020).

3. Companies' Leadership Culture Drives Sustainable Corporate Performance – Invest in the first US ETF focused on diversified human capital in leadership positions accounting for both gender and ethnicity
Diversification And Diversity have more in common than their Latin root; they both carry value. Human capital is a capital, a key driving force of any business, that too enjoys the benefits of diversification. Diversity at the senior leadership level is a foreteller of a healthy company culture, which in turn strengthens the levers and drivers of sustainable corporate performance.

How to Invest?

V-Shares ETFs trade intraday on an exchange. ETFs are available through various channels including broker-dealers, investment advisers, and other financial services firms, including*:

You may contact your financial advisor or find the ETF ticker on your brokerage platform.
Neither V-Square Quantitative Management nor V-Shares US Leadership Diversity ETF are affiliated with these financial services firms. Their listing should not be viewed as a recommendation or endorsement.

Top Holdings

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ETF NAV and Prices

Closing NAV
Net Asset Value (NAV $) 23.26
NAV Daily Change ($) -0.03
NAV Daily Change (%) -0.14%
Closing Market Price
Market Price ($) 23.25
Price Daily Change ($) -0.04
Price Daily Change (%) -0.17%

Premium / Discount

Premium / Discount
Premium / Discount -0.04
Median 30 Day Spread Percentage 0.37
  Premium / Discount Chart

Performance

As of 08/31/2023 Fund NAV (%) Market Price (%) Underlying Index (%) S&P 500 Total Return (%)
Year-to-date 19.48 19.62 19.76 18.73
1 Month -2.00 -1.81 -1.99 -1.59
3 Month 7.60 7.61 7.70 8.28
6 Month 15.05 14.96 15.27 14.50
Since Inception (Cumulative) 1.10 1.16 1.51 1.48

Past performance is no guarantee of future results. The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Investment return and principal value will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost. For performance data current to the most recent month end, please call 1 844 VSHRETF (1 844 874 7383).
VDNI is bought and sold at market price (not NAV) and are not individually redeemed from the fund. Brokerage commissions will reduce returns.
Market Price returns are based upon the official closing price on the listing exchange (NYSE ARCA) at 4:00 p.m. ET when NAV is normally determined for VDNI, and do not represent the returns you would receive if you traded shares at other times. A fund’s NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding.

Distribution Information Fund NAV
Distribution Frequency Semi-Annually
Last Ex-Date 6/29/2022
Last Pay Date 7/3/2023
Distribution Amount per Share ($) 0.1497114
Distribution (%) 0.63%
30-Day SEC Yield (%) 1.26%

Disclosures

The underlying index is a free float-adjusted market capitalization weighted equity index designed to reflect the equity performance of U.S. companies exhibiting broad ethnic and gender representation for Directors and Named Executive Officers (NEO), as determined by the Index Provider, ISS ESG.

The index is rebalanced semi-annually. All returns assume the reinvestment of income and dividends. The index is calculated by an independent third party, Solactive. Additional information regarding the index is available here: https://www.solactive.com/indices/?index=DE000SL0BQB6#detail. Past performance is not indicative of future results. An investment of this nature is subject to risks, including the risk of loss of your entire investment.

The S&P 500® is widely regarded as the best single gauge of large-cap U.S. equities. The index includes 500 leading companies and covers approximately 80% of available market capitalization. The Russell 3000® Index measures the performance of the largest 3,000 US companies representing approximately 97% of the investable US equity market. The Russell 3000 Index is constructed to provide a comprehensive, unbiased and stable barometer of the broad market and is completely reconstituted annually to ensure new and growing equities are included.

Before investing you should carefully consider the fund's investment objectives, risks, charges and expenses. this and other information is in the prospectus, a copy of which may be obtained from www.v-shares.com or by calling 1 844 VSHRETF (1 844 874 7383). please read the prospectus carefully before you invest.

As with all ETFs, Shares may be bought and sold in the secondary market at market prices. Although it is expected that the market price of Shares will approximate the Fund's NAV, there may be times when the market price of Shares is more than the NAV intra-day (premium) or less than the NAV intra-day (discount) due to supply and demand of Shares or during periods of market volatility.

Passive Investment Risk. The Fund is not actively managed and therefore the Fund generally will not sell a security due to current or projected underperformance of a security, industry or sector, unless that security is removed from the Underlying Index or the selling of the security is otherwise required upon a rebalancing of the Underlying Index.

Methodology Risks. The Index Provider relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor the Index Provider can offer assurances that Underlying Index's calculation methodology or sources of information will provide an accurate assessment of included issuers or that the included issuers will provide the Fund with the market exposure it seeks.

Distributed by Quasar Distributors, LLC.