Virtus files for High Dividend ETF VDIV after three regional funds held $40.9 million

Virtus is registering a fourth dividend ETF that would hold U.S., developed-market, and emerging-market stocks in one portfolio. The three single-region dividend funds it already listed held $40.9 million as of Wednesday, September 23. The amendment is limited to Virtus High Dividend ETF VDIV.

A U.S. yield base and a regional rotation

The fund would be actively managed, with a stated objective of long-term capital growth while delivering dividend income. Under normal circumstances it would invest at least 80% of net assets in dividend-paying equities.

The distinctive language sits in how those names would be mixed. The fund intends to generate a high baseline dividend yield from its U.S. holdings, which would generally see low turnover, and to enhance that yield through an opportunistic regional rotation. Allocations among Europe, Japan, and Asia excluding Japan would be adjusted to seek dividend payments as they occur.

The investment universe is described as more than 3,500 securities. A proprietary model would rank them daily, using what the filing calls behavioral-finance principles and machine learning. The portfolio would ordinarily hold approximately 100 to 150 securities. Virtus Investment Advisers, LLC is named as adviser; Virtus Advisers, LLC, through its Virtus Systematic division, as subadviser.

Systematic already runs three regional dividend ETFs: Virtus U.S. Dividend ETF BVUS, Virtus International Dividend ETF BVDI, and Virtus Emerging Markets Dividend ETF CVEM.

Three dividend ETFs already trading

The United States and developed-market funds opened in December 2025, the emerging-markets fund in February 2026.

Shareholder fees on VDIV are listed as none. Brokerage and intermediary charges can still apply. The management fee, other expenses, and total operating expenses are left blank. Systematic already prices this process at 0.25%, 0.39%, and 0.49% on the three regional funds. Capital Group Dividend Growers ETF ACGDG, an active global dividend-growth fund, charges 0.47% on $5.70 billion. First Trust Dow Jones Global Select Dividend Index Fund BFGD charges 0.55% on $1.61 billion.

Virtus asked for automatic effectiveness 75 days after filing, unless the SEC delays it or Virtus files again first, and named NYSE Arca as the listing exchange. That is a registration clock, not a listing date. VDIV is described as newly organized and has not begun operations.