The ZDIS ETF targets long-term capital growth by selecting companies in their early stages of growth. Rather than replicating the performance of a specific index, it focuses on growth stocks with potential to benefit from technological change through company-level fundamental research and portfolio management decisions.

It may be suitable for investors who prefer a selective growth-stock strategy over broad index exposure and can tolerate the volatility associated with a concentrated portfolio over a long time horizon.

This ETF is actively managed by Virtus Zevenbergen.

This product builds its portfolio primarily around common stocks of innovative growth companies and shares of growth companies traded in the U.S. market. It places greater emphasis on bottom-up research — examining individual company growth, product differentiation, and the potential to benefit from technological change — rather than on the macro environment, and it does not track any specific index.

• Bottom-up research aimed at identifying companies that may benefit from technological change
• Concentrated portfolio management focused on early-stage growth companies

Assets under management (AUM) stand at $65.9M, with a total expense ratio of 0.75% annually.

Unlike index-tracking products, active ETFs are influenced materially by management decisions in both performance outcomes and cost interpretation. It is advisable to review actual bid-ask spreads and trading conditions before transacting.

Market preference for companies with high growth expectations can fluctuate with interest rates, corporate earnings, and technological change. As a result, the flow of this product may not mirror the broader equity market, and security selection outcomes along with moves in specific industries can have a greater impact on performance.

Capital seeking active growth strategies may see inflows and outflows shift with market risk appetite and the valuation backdrop for growth stocks. In a concentrated portfolio structure in particular, single-company events and industry-level developments can affect net asset value and intraday trading prices, so the broader market environment should be considered as well.

While a company-selection-driven growth approach is a strength, concentrated management and growth-stock sensitivity can translate into heightened volatility depending on the market environment.

The metadata provided does not include comparable candidates or similar product details, so specific alternative ETFs cannot be directly recommended. Unlike products that simply follow a specific index, the ZDIS ETF is driven primarily by the manager's company-selection judgment. When making comparisons, the priority should be to check whether the strategy is an active, growth-stock-focused approach and whether the investor is prepared to accept the volatility that comes with concentrated management. In addition, since individual holdings data was not provided, rather than making comparisons based on the holdings lineup, it is more appropriate to review the official documentation's investment objective and risk disclosures.

Before investing, it should first be confirmed that this product is an active ETF that selects growth companies rather than providing broad index exposure. After defining the investment horizon and acceptable loss range, investors should review whether the absence of a distribution history, trading conditions, and the concentrated portfolio structure align with their objectives.

Growth-stock selection and concentrated management can be sensitive to market expectations, technological change, and company-specific earnings. Exposure to foreign-domiciled issuers can introduce additional variables such as currency, regulation, and liquidity, and during trading, bid-ask spreads can affect realized returns.

The ZDIS ETF may be worth considering for investors who prefer active selection of innovative growth companies over passively tracking a specific index. However, given the absence of a distribution history, investors should assess whether it aligns with a capital growth objective rather than a cash flow goal, and whether they can tolerate the volatility associated with concentrated portfolio management.