Virtus ETF Trust II has made a significant update to its investment strategy for the Virtus AlphaSimplex Global Macro ETF, as detailed in a recent filing. This change, effective immediately, aims to enhance the fund's ability to participate in broad macroeconomic trends across global markets.

The filing, dated November 3, 2026, outlines the deletion and replacement of key sections in the fund's Summary and Statutory Prospectuses. The updated strategy focuses on outperforming typical long-only equity investments while aiming to reduce drawdowns during periods of market stress.

Background

Virtus ETF Trust II is an investment entity based in New York, incorporated in Delaware. The firm specializes in exchange-traded funds (ETFs) and is known for its innovative investment strategies. The recent filing is part of a series of regulatory submissions, including a 24F-2NT on October 22, 2026, and a Schedule 13G/A on October 14, 2026.

What the Filing Says

The filing indicates that the sections titled "Principal Investment Strategy" and "Additional Information Regarding the Global Macro ETF’s Principal Investment Strategy" have been entirely replaced. The new strategy emphasizes the fund's goal to capitalize on macroeconomic trends, which include various economic conditions such as growth, inflation, and interest rate policy. It also highlights the fund's active management approach and the use of proprietary quantitative models by the sub-adviser, AlphaSimplex Group, LLC.

Impact

This update may significantly affect investors in the Virtus AlphaSimplex Global Macro ETF, as it alters the fund's risk profile and investment approach. Additionally, the change could influence other players in the investment management industry, particularly those offering similar ETFs, as they may need to reassess their strategies in light of Virtus's new direction.

What's Next

The filing does not specify what further actions will follow this update. However, investors and industry observers will likely be watching closely for any additional filings or announcements from Virtus ETF Trust II regarding the performance and strategy of the fund.