PCLO vs. VWID

Last updated Apr 1, 2026

Compare and contrast key facts about Virtus SEIX AAA Private Credit CLO ETF (PCLO) and Virtus WMC International Dividend ETF (VWID).

PCLO and VWID are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PCLO is an actively managed fund by Virtus. It was launched on Dec 2, 2024. VWID is a passively managed fund by Virtus that tracks the performance of the MSCI World ex USA Value Index (net). It was launched on Oct 10, 2017.

Performance

PCLO vs. VWID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus SEIX AAA Private Credit CLO ETF (PCLO) and Virtus WMC International Dividend ETF (VWID). The values are adjusted to include any dividend payments, if applicable.

PCLO vs. VWID - Yearly Performance Comparison

	2026 (YTD)	2025	2024
PCLO Virtus SEIX AAA Private Credit CLO ETF	0.79%	5.39%	0.50%
VWID Virtus WMC International Dividend ETF	4.35%	41.70%	-2.53%

Returns By Period

In the year-to-date period, PCLO achieves a 0.79% return, which is significantly lower than VWID's 4.35% return.

PCLO

• 1D: -0.16%
• 1M: 0.02%
• YTD: 0.79%
• 6M: 2.24%
• 1Y: 5.22%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VWID

• 1D: 2.45%
• 1M: -5.25%
• YTD: 4.35%
• 6M: 13.17%
• 1Y: 33.07%
• 3Y*: 18.73%
• 5Y*: 11.93%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PCLO vs. VWID - Expense Ratio Comparison

PCLO has a 0.29% expense ratio, which is lower than VWID's 0.49% expense ratio.

VWID

Virtus WMC International Dividend ETF

PCLO

Virtus SEIX AAA Private Credit CLO ETF

Return for Risk

PCLO vs. VWID — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PCLO

PCLO Risk / Return Rank: 99
PCLO Sharpe Ratio Rank: 98
PCLO Sortino Ratio Rank: 99
PCLO Omega Ratio Rank: 99
PCLO Calmar Ratio Rank: 98
PCLO Martin Ratio Rank: 99

VWID

VWID Risk / Return Rank: 92
VWID Sharpe Ratio Rank: 91
VWID Sortino Ratio Rank: 93
VWID Omega Ratio Rank: 93
VWID Calmar Ratio Rank: 90
VWID Martin Ratio Rank: 93

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PCLO vs. VWID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus SEIX AAA Private Credit CLO ETF (PCLO) and Virtus WMC International Dividend ETF (VWID). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	PCLO	VWID	Difference
Sharpe ratio Return per unit of total volatility	4.09	2.08	+2.01
Sortino ratio Return per unit of downside risk	6.31	2.83	+3.48
Omega ratio Gain probability vs. loss probability	2.17	1.42	+0.76
Calmar ratio Return relative to maximum drawdown	6.94	3.11	+3.83
Martin ratio Return relative to average drawdown	58.92	13.26	+45.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PCLO vs. VWID - Sharpe Ratio Comparison

The current PCLO Sharpe Ratio is 4.09, which is higher than the VWID Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of PCLO and VWID, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PCLO	VWID	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.09	2.08	+2.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.84	—
Sharpe Ratio (All Time) Calculated using the full available price history	4.31	0.62	+3.69

Correlation

The correlation between PCLO and VWID is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

PCLO vs. VWID - Dividend Comparison

PCLO's dividend yield for the trailing twelve months is around 5.41%, more than VWID's 4.70% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
PCLO Virtus SEIX AAA Private Credit CLO ETF	5.41%	5.53%	0.44%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VWID Virtus WMC International Dividend ETF	4.70%	4.86%	4.48%	4.97%	5.73%	10.70%	4.71%	1.99%	4.55%	0.74%

Drawdowns

PCLO vs. VWID - Drawdown Comparison

The maximum PCLO drawdown since its inception was -0.76%, smaller than the maximum VWID drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for PCLO and VWID.

Drawdown Indicators

	PCLO	VWID	Difference
Max Drawdown Largest peak-to-trough decline	-0.76%	-34.64%	+33.88%
Max Drawdown (1Y) Largest decline over 1 year	-0.76%	-10.38%	+9.62%
Max Drawdown (5Y) Largest decline over 5 years	—	-24.30%	—
Current Drawdown Current decline from peak	-0.26%	-5.25%	+4.99%
Average Drawdown Average peak-to-trough decline	-0.03%	-4.74%	+4.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.09%	2.43%	-2.34%

Volatility

PCLO vs. VWID - Volatility Comparison

The current volatility for Virtus SEIX AAA Private Credit CLO ETF (PCLO) is 0.44%, while Virtus WMC International Dividend ETF (VWID) has a volatility of 6.66%. This indicates that PCLO experiences smaller price fluctuations and is considered to be less risky than VWID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PCLO	VWID	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.44%	6.66%	-6.22%
Volatility (6M) Calculated over the trailing 6-month period	0.67%	10.07%	-9.40%
Volatility (1Y) Calculated over the trailing 1-year period	1.28%	16.00%	-14.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.19%	14.25%	-13.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.19%	16.54%	-15.35%