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Launched

Virtus KAR Mid-Cap ETF

KMIDNYSE ArcaVirtusF

$24.88+0.51 (+2.07%)

As of Nov 2, 2026, 3:59 PM ET

F23/ 100

Rank 42 of 47 in US Active Small/Mid-Cap

F23/100Rank 42 of 47inUS Active Small/Mid-Cap
Intraday session: up, 77 prints from 24.37 to 24.88. Range 24.65 to 24.94. Use the arrow keys to read each point.24.5024.6024.7024.8010 AM12 PM2 PM4 PM
Expense ratio
0.80%
Fund size
$53M
1Y total return
+0.2%
Yield · Last 12 months
0.12%
Holdings
27
Avg volume · 30D
14.5K sh
52W range
low $23.14high $26.03
Launched

The ETF.net KMID Grade

Based on 5 of 6 pillars

F

Score 23 out of 100

Category
US Active Small/Mid-Cap⁠
Rank
42 of 47
Six-pillar profile for KMID. Scores out of 100: Cost 12, Risk 30, Mission not scored, Tradability 37, Holdings 14, Durability 47. Strongest: Durability (47). Weakest: Cost (12). Based on 5 of 6 pillars.

Score 23 of 100 falls in the F band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F12 out of 100
    Rank 41 of 47

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D30 out of 100
    Rank 38 of 44

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D37 out of 100
    Rank 37 of 47

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    F14 out of 100
    Rank 47 of 47

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C47 out of 100
    Rank 28 of 47

Our read on KMID

ETF.net Research

In short

FMost active mid-cap funds swing for growth. Virtus KAR Mid-Cap writes something different into its prospectus: buy mid-caps it sees as undervalued against their growth potential, while aiming for less market risk than the Russell Midcap Index.

Stated mandate

The Fund seeks long-term capital appreciation by investing in medium-capitalization companies that KAR considers undervalued relative to their future growth potential, while seeking less market risk than the Russell Midcap Index.

Why people hold it

  • The risk goal is in the prospectus, not the marketing: it seeks long-term capital appreciation while targeting less market risk than the Russell Midcap Index.
  • Active stock picking without single-name drama. KAR buys mid-caps it considers undervalued versus future growth, spread across a couple hundred holdings.
  • One job, one market: US mid-cap stocks only. No foreign sleeve, no bond ballast, nothing to unpack about what you actually own.

Worth knowing

  • It charges 0.80%, above the 0.65% median for active US equity ETFs. Systematic peers like DFAU (0.12%) and DFAC (0.17%) cover US stocks for a fraction of that.
  • Young and small: it launched in October 2024 and trades thinly, so bid-ask spreads can run wider than at household-name mid-cap funds.
  • With a track record this short, the lower-risk mandate has not yet met a full market cycle. Cash also lands only once or twice a year, not monthly.

KMID Performance

Launched Oct 15, 2024

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
KMID$10,020
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. KMID $10,020. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for KMID. Periods over one year show the average yearly return.
PeriodKMID
Year to date0.0%
1 month+4.1%
3 months−2.6%
1 year+0.2%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for KMID
YearReturn barKMID
2026 YTD0.0%
2025+0.3%
2024−2.9%

History from Oct 16, 2024

KMID in the news

KMID Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
0.12%Last 12 months
Payout per share
$0.03Last 12 months
Last payment
$0.01 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution history

2024–2026

One bar per payment. 3 payments from 2024 to 2026 YTD. Dec 20, 2024 $0.01; Dec 22, 2025 $0.01; May 11, 2026 $0.01. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
May 11, 2026May 13, 2026$0.01
Dec 22, 2025Dec 29, 2025$0.01
Dec 20, 2024Dec 27, 2024$0.01

$10,000 in KMID 1 year ago paid $11.71 in dividends.

KMID Risk

Risk pillarD30 out of 100Rank 38 of 44 in US Active Small/Mid-Cap
How much the fund’s monthly returns vary, scaled to a year.
13.1%
Annualised · 24 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
−0.27
vs 3-month T-bills · 24 months to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−18.9%
24 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.72
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

KMID Cost

Compare KMID and AVMC

Overpaying vs AVMC, cheapest in US Active Small/Mid-Cap

$11,597

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • KMID 0.80%

    $15,346

  • AVMC 0.18% Cheapest

    $3,749

$10,000
30 years

Cost over time

  • KMID 0.80%
  • AVMC 0.18%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530KMID $15,346AVMC $3,749

Year by year

YearKMIDAVMCOverpaying
10$1,422$328$1,094
20$5,393$1,281$4,112
30$15,346$3,749$11,597

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