Virtus KAR Mid-Cap ETF
KMID
New York Stock Exchange Arca- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Virtus KAR Mid-Cap ETF (KMID) is an actively managed exchange-traded fund that seeks to generate attractive risk-adjusted long-term capital appreciation by investing primarily in 25-35 high-quality U.S. mid-cap stocks exhibiting durable competitive advantages, excellent management teams, lower financial risk profiles, and strong growth trajectories; the fund employs a disciplined fundamental research process to select companies with above-average returns on capital, solid balance sheets, consistent profitability, high free cash flow generation, and market-dominant business models, while maintaining a low-turnover, high-conviction approach. Key portfolio characteristics include a focus on lower earnings variability and reduced business risk to mitigate volatility relative to broader mid-cap benchmarks like the Russell Midcap Index; top holdings as of late 2025 feature leading positions in AMETEK Inc., Domino's Pizza Inc., Teledyne Technologies Inc., Monolithic Power Systems Inc., and Rollins Inc. The ETF, with a net expense ratio of 0.80%, trades on the NYSE Arca exchange under the ticker KMID (CUSIP: 92790A868) and targets individual and institutional investors seeking mid-cap equity exposure. Launched on October 15, 2024, by Virtus Investment Partners, Inc. (NYSE: VRTS), headquartered in Hartford, Connecticut, the ETF represents the first ETF strategy managed by its investment subadviser, Kayne Anderson Rudnick Investment Management, LLC (KAR), a Los Angeles-based firm founded in 1984 with approximately $69.8 billion in assets under management as of September 30, 2024; KAR, an affiliate of Virtus, applies its quality-focused equity expertise across market caps and styles to the fund, led by portfolio managers Jon Christensen, CFA, and Craig Stone. The fund operates within the mid-cap growth segment of the U.S. equity market, with assets under management reaching approximately $34.9 million as of December 2025 and primary geographic focus on U.S.-domiciled companies; it forms part of Virtus ETF Solutions, a multi-manager platform offering 19 actively managed and index-based ETFs across asset classes, including strategies from affiliates like Duff & Phelps, Newfleet, Seix, and Stone Harbor. In October 2024, Virtus introduced KMID as an extension of KAR's acclaimed mid-cap core mutual fund strategy (e.g., Virtus KAR Mid-Cap Core Fund, VMACX, inception 2009) into a transparent, tax-efficient ETF structure, marking a strategic expansion of Virtus' actively managed ETF lineup and KAR's entry into the ETF market after 40 years of managing high-quality equity portfolios.