VDI vs. MCSE

Last updated Aug 1, 2026

VDI (Virtus International Dividend ETF) and MCSE (Franklin Sustainable International Equity ETF) are both Foreign Large Cap Equities funds. Both are actively managed. Their 0.22 correlation means their historical movements had little consistent relationship. VDI charges 0.39%/yr vs 0.59%/yr for MCSE.

Performance

VDI vs. MCSE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus International Dividend ETF (VDI) and Franklin Sustainable International Equity ETF (MCSE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VDI achieves a 17.52% return, which is significantly higher than MCSE's 1.12% return.

VDI

• 1D: -0.40%
• 1M: 2.41%
• 6M: 10.60%
• YTD: 17.52%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

MCSE

• 1D: 0.00%
• 1M: 0.00%
• 6M: 0.00%
• YTD: 1.12%
• 1Y: 4.30%
• 3Y*: -0.12%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 6.07%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
MCSE Franklin Sustainable International Equity ETF	$0.00	$0.00	$0.00
VDI Virtus International Dividend ETF	$85.19K	$45.68K	$18.02K

VDI vs. MCSE - Yearly Performance Comparison

	2026 (YTD)	2025
VDI Virtus International Dividend ETF	17.52%	3.29%
MCSE Franklin Sustainable International Equity ETF	1.12%	0.50%

Correlation

The correlation between VDI and MCSE is 0.22, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 3, 2025	0.22

VDI vs. MCSE - Sectors Allocation Comparison

Sectors	VDI	MCSE
Financial Services	35.7%	2.1%
Industrials	12.9%	18.1%
Technology	10.2%	31.1%
Energy	8.2%	-
Utilities	6.1%	-
Basic Materials	5.6%	5.1%
Healthcare	4.8%	20.1%
Consumer Defensive	4.4%	5.0%
Communication Services	1.9%	4.7%
Consumer Cyclical	1.8%	13.8%
Real Estate	1.3%	-

Return for Risk

VDI vs. MCSE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

VDI

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

MCSE

MCSE Risk / Return Rank: 19
MCSE Sharpe Ratio Rank: 20
MCSE Sortino Ratio Rank: 18
MCSE Omega Ratio Rank: 22
MCSE Calmar Ratio Rank: 17
MCSE Martin Ratio Rank: 17

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

VDI vs. MCSE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus International Dividend ETF (VDI) and Franklin Sustainable International Equity ETF (MCSE). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	VDI	MCSE	Difference
Sharpe ratio: Return per unit of total volatility	—	0.37	—
Sortino ratio: Return per unit of downside risk	—	0.58	—
Omega ratio: Gain probability vs. loss probability	—	1.10	—
Calmar ratio: Return relative to maximum drawdown	—	0.37	—
Martin ratio: Return relative to average drawdown	—	0.92	—

Drawdowns

VDI vs. MCSE - Drawdown Comparison

The maximum VDI drawdown since its inception was -10.40%, smaller than the maximum MCSE drawdown of -26.36%. Use the drawdown chart below to compare losses from any high point for VDI and MCSE.

Drawdown Indicators

	VDI	MCSE	Difference
Max Drawdown Largest peak-to-trough decline	-10.40%	-26.36%	+15.96%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.42%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-26.36%	—
Current Drawdown Current decline from peak	-0.40%	-10.51%	+10.11%
Average Drawdown Average peak-to-trough decline	-1.64%	-8.79%	+7.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.36%	—

Volatility

Volatility by Period

	VDI	MCSE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.00%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.91%	—
Volatility (1Y) Calculated over the trailing 1-year period	16.30%	10.71%	+5.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.30%	19.08%	-2.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.30%	19.08%	-2.78%

VDI vs. MCSE - Expense Ratio Comparison

VDI has a 0.39% expense ratio, which is lower than MCSE's 0.59% expense ratio.

Dividends

VDI vs. MCSE - Dividend Comparison

VDI's dividend yield for the trailing twelve months is around 2.28%, less than MCSE's 3.74% yield.

Position	TTM	2025	2024	2023	2022
MCSE Franklin Sustainable International Equity ETF	3.74%	3.78%	0.63%	0.57%	0.48%
VDI Virtus International Dividend ETF	2.28%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VDI and MCSE in my portfolio?

VDI and MCSE have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VDI or MCSE?

On fees, VDI is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VDI or MCSE?

VDI is cheaper with a 0.39% expense ratio, compared with 0.59% for MCSE.

Which ETF pays a higher dividend yield, VDI or MCSE?

MCSE has the higher dividend yield at 3.74%, compared with 2.28% for VDI.

What is the main difference between VDI and MCSE?

They also come from different issuers: Virtus and Franklin. Their fees differ too: 0.39% for VDI and 0.59% for MCSE.