A strength of Vident Financial is that its product shelf of open-end and exchange-traded funds is, on average, offered at a minimal cost, suggesting that it considers what's best for its investor base. On average, fees for funds are in the cheapest quintile of respective category peers. Vident Financial's risk-adjusted performance compares similarly to competitors. Across its open-end and exchange-traded funds, the firm’s average five-year Morningstar Rating is 3.3 stars, which is about standard. Average asset-weighted tenure of seven years among the longest-tenured managers at Vident Financial is on par with peer firms. In isolation, seasoned teams tend to have more experience to draw upon should they need to weather turbulent market conditions.
Category
A category is a way to group investments based on similar risk, return, and behavior profiles.