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ETFs

Virtus Private Credit Strategy ETF

VPC
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 07 2019
Expense Ratio
6.72%
Type
US Equities
Fund Owner
Virtus ETF Solutions
Volume (1m avg. daily)
$243,496
AUM
$36,562,230
Associated Index
Indxx Private Credit Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

OXLC
Oxford Lane Capital Corp
3.02%
GSBD
Goldman Sachs BDC Inc
2.51%
XFLT
XAI Octagon Floating Rate Alternative Income Term Trust
2.49%
TPVG
TriplePoint Venture Growth BDC Corp
2.38%
FSK
FS KKR Capital Corp
2.32%
JQC
Nuveen Credit Strategies Income Fund
2.25%
PSEC
Prospect Capital Corp
2.22%
SLRC
SLR Investment Corp
2.21%
BKCC
BlackRock Capital Investment Corp
2.17%
PFLT
PennantPark Floating Rate Capital Ltd
2.09%
Invest with VPC

What is VPC?

The Fund strives to deliver an alternative source of yield to traditional fixed income by focusing on the private credit market. The Fund seeks to track the Indxx Private Credit Index, which provides passive exposure to listed instruments that emphasize private credit, including business development companies (BDCs) and closed-end funds (CEFs). As commercial banks have moved away from financing small-to-mid-sized U.S. companies, private lenders have become a burgeoning capital solution, offering exposure to generally below-investment grade or unrated private debt, which carries higher yields and more volatility than traditional corporate bonds.

ETFs related toVPC

ETFs correlated to VPC include BIZD, KBWD, MDYV

VPC
ETFis Series Trust I - Virtus Private Credit Strategy ETF
BIZD
VanEck ETF Trust - VanEck BDC Income ETF
KBWD
Invesco Capital Management LLC - Invesco KBW High Dividend Yield Financial ETF
MDYV
SPDR Series Trust - SPDR S&P 400 Mid Cap Value ETF
SMMD
BlackRock Institutional Trust Company N.A. - iShares Russell 2500 ETF
BBMC
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Mid Cap Equity ETF
IJJ
BlackRock Institutional Trust Company N.A. - iShares S&P Mid-Cap 400 Value ETF
NUSC
Nuveen Fund Advisors LLC - Nuveen ESG Small-Cap ETF
EZM
WisdomTree Trust - WisdomTree U.S. MidCap Fund
IVOV
Vanguard Group, Inc. - Vanguard S&P Mid-Cap 400 Value ETF
VBR
Vanguard Group, Inc. - Vanguard Small Cap Value ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toVPC

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#SAM

Spread Across the Market

Category

Getting Defensive, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with VPC using Composer

FAQ

VPC is a US Equities ETF. The Fund strives to deliver an alternative source of yield to traditional fixed income by focusing on the private credit market. The Fund seeks to track the Indxx Private Credit Index, which provides passive exposure to listed instruments that emphasize private credit, including business development companies (BDCs) and closed-end funds (CEFs). As commercial banks have moved away from financing small-to-mid-sized U.S. companies, private lenders have become a burgeoning capital solution, offering exposure to generally below-investment grade or unrated private debt, which carries higher yields and more volatility than traditional corporate bonds.

VPC tracks the Indxx Private Credit Index.

No, VPC is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, VPC is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on VPC is 0.0204%. This is the percent change in the value of VPC over the most recent 1-month period. The 3-month return on VPC is 0.0819%. This is the percent change in the value of VPC over the most recent 3-month period.

The standard deviation of VPC for the past year is 0.164%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to VPC include XLI, XLY, and XLV.

ETFs correlated to VPC include BIZD, KBWD, and MDYV.

ETFs that are inversely correlated to VPC include SRTY, RWM, and TZA.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.