What is CID?

CID tracks an index of developed-market stocks outside the US, screened for positive earnings and high dividend yield, and weighted inversely by volatility.

PERFORMANCE [as of 03/28/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
CID -2.80% 4.42% 4.10% -1.81% 16.07% 1.71% --
CID (NAV) -3.01% 4.30% 4.06% -2.01% 15.66% 2.01% --
MSCI World ex USA Large Cap -0.23% 5.36% 5.25% -2.88% 13.50% 3.89% 4.66%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

CID Factset Analytics Insight

CID, launched in August 2015, brings a mix of high dividends and low volatility to the large-cap developed ex-US equity space. The index selects the 100 highest dividend-yielding stocks from a universe of about 500 stocks with a screen for four quarters of positive earnings. The index does not consider South Korea and Taiwan as developed countries. Rather than weighting by dividends or equally, CID weights its stocks inversely by daily volatility, overweighting low-vol stocks. The index applies 20% country cap and 25% sector cap with semi-annual reconstitution starting each March. The fund’s closest peers are sibling funds: CIL, which has the same exposure without the dividend yield screen, and CIZ with a cash toggle feature during downturns.

CID Summary Data

08/19/15
0.45%
$16.52M
Nasdaq Victory International High Dividend 100 Volatility Weighted Index
MSCI World ex USA Large Cap
Open-Ended Fund

Peers

MSCI World ex USA Large Cap

Fund Flows

$0.00B 5 Days
$0.00B 30 Days
$0.00B 90 Days

CID Portfolio Data

$35.30B
9.17
1.10
5.85%
N/A
103

CID Index Data

Nasdaq Victory International High Dividend 100 Volatility Weighted Index
Volatility
Fundamental
MSCI World ex USA Large Cap

CID Portfolio Management

0.45%
-0.64%
-0.53%
-0.80%

CID Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

CID Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
High
Daily

Factset Analytics Block Liquidity

As of 03/29/23

This measurement shows how easy it is to trade a $1 million USD block of CID. CID is rated a 4 out of 5.

CID Tradability

1,088
$32.55K
578
$15.31K
0.41%
$0.13
-0.11%
1.30% / -1.59%
None
30.70%
50,000
0.01
0.09%
0.04%
0
$30.28
4

CID Sector/Industry Breakdown

CID Segment
Benchmark
26.56% --
14.21% --
13.88% --
6.13% --
6.11% --
5.77% --
5.29% --
4.46% --
4.08% --
3.20% --

CID Top 10 Holdings

2.36%
1.61%
1.60%
1.56%
1.55%
1.54%
1.52%
1.51%
1.45%
1.44%
16.15%

CID Performance Statistics

0.79
0.80
0.81
0.85
0.52%
MSCI World ex USA Large Cap

CID Countries

CID Segment
Benchmark
12.27% 10.57%
11.27% 14.69%
11.07% 11.65%
8.87% 17.69%
8.08% 8.00%
7.04% 2.00%
5.50% 6.41%
5.26% 2.78%
4.97% 9.82%
4.81% 4.28%

CID Regions

CID Segment
Benchmark
63.53% 60.93%
23.56% 27.78%
12.50% 11.16%
0.40% 0.14%

CID Economic Development

CID Segment
Benchmark
100.00% 100.00%
0.00% 0.00%

CID Benchmark Comparison Holdings

103
378
73
18.40%

CID Benchmark Comparison Summary

CID Segment
Benchmark
103 378
$35.30B $94.90B
9.17 14.25
1.10 1.80
5.59% 2.99%
Low Low

CID Benchmark Comparison Market Cap Size

CID Segment
Benchmark
85.84% 99.40%
13.86% 0.59%
0.07% 0.00%
0.00% 0.00%