# EDGAR Filing Document

**Accession Number:** 0001648403
**File Stem:** 0000940400-25-015034
**Filing Date:** 2025-12
**Character Count:** 15432
**Document Hash:** a8c30992a7f4581e93214569f7278637
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-015034.hdr.sgml**: 20251230

**ACCESSION NUMBER**: 0000940400-25-015034

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251230

**DATE AS OF CHANGE**: 20251230

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Virtus ETF Trust II
- **CENTRAL INDEX KEY:** 0001648403

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23078
- **FILM NUMBER:** 251611878

**BUSINESS ADDRESS:**
- **STREET 1:** 1301 AVENUE OF THE AMERICAS
- **STREET 2:** 14TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 212-593-4383

**MAIL ADDRESS:**
- **STREET 1:** 1301 AVENUE OF THE AMERICAS
- **STREET 2:** 14TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Virtus EFT Trust II
- **DATE OF NAME CHANGE:** 20150717

## Series and Classes Contracts Data

### VIRTUS ALPHASIMPLEX GLOBAL MACRO ETF (Series ID: S000093089)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000261160 | VIRTUS ALPHASIMPLEX GLOBAL MACRO ETF |  |

## Nport-Ex

Consolidated Schedule of Investments - Virtus AlphaSimplex Global Macro ETF

October 31, 2025 (unaudited)

---

| | | |
|:---|:---|:---|
| **Security Description** | **Shares** | **Value** |
| **EXCHANGE TRADED FUNDS - 48.0%** |  |  |
| **Equity Funds - 48.0%** |  |  |
| iShares Core MSCI EAFE ETF | 9888 | $871034 |
| iShares Core MSCI Emerging Markets ETF | 6763 | 461710 |
| iShares Core S&P 500 ETF | 2399 | 1643867 |
| Total Equity Funds |  | **2976611** |
| **Total Exchange Traded Funds** |  |  |
| (Cost $2,748,705) |  | **2976611** |
| **TOTAL INVESTMENTS - 48.0%** |  |  |
| (Cost $2,748,705) |  | **2976611** |
| Other Assets in Excess of Liabilities - 52.0% |  | 3219734 |
| **Net Assets - 100.0%** |  | $**6196345** |

---

At October 31, 2025, open exchange-traded futures contracts purchased were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Expiration <br> Date** | **Number of <br> Contracts** | **Notional <br> Amount** | **Unrealized <br> Appreciation/<br> (Depreciation)** |
| <u>Long Contracts</u> |  |  |  |  |
| Australian Dollar Future | 12/15/2025 | 1 | $65460 | $(421) |
| British Pound Future | 12/15/2025 | 5 | 410625 | (13947) |
| Copper Future | 12/29/2025 | 1 | 127225 | (1835) |
| Euro FX Currency Futures | 12/15/2025 | 1 | 144400 | (4423) |
| Euro-Bund Future | 12/08/2025 | 7 | 1043985 | (4054) |
| Gold Future | 12/29/2025 | 1 | 399650 | 54350 |
| Long Gilt Future | 12/29/2025 | 7 | 860919 | 3544 |
| MSCI EAFE Index Future | 12/19/2025 | 9 | 1263195 | 14100 |
| MSCI Emerging Markets Index Future | 12/19/2025 | 9 | 633420 | 31657 |
| S&P 500® E-Mini Future | 12/19/2025 | 7 | 2405900 | 76574 |
| U.S. Treasury 10 Year Notes Future | 12/19/2025 | 24 | 2704125 | (2289) |
| U.S. Treasury 2 Year Notes Future | 12/31/2025 | 3 | 624727 | (1919) |
| U.S. Treasury Ultra Bond future | 12/19/2025 | 3 | 363844 | (2719) |
|  |  |  |  | $148618 |
| <u>Short Contracts</u> |  |  |  |  |
| Canadian Dollar Future | 12/16/2025 | (28) | $2002420 | $21835 |
| Corn Future | 3/13/2026 | (20) | 444000 | 923 |
| Japanese Yen Future | 12/15/2025 | (14) | 1140388 | 45304 |
| WTI Crude Future | 11/20/2025 | (1) | 60980 | (3608) |
|  |  |  |  | $64454 |

---

---

| |
|:---|
| **Abbreviations:** |
| EAFE — Europe, Australasia and Far East<br> ETF — Exchange Traded Fund |
| MSCI — Morgan Stanley Capital International |
| S&P — Standard & Poor's<br> WTI — West Texas Intermediate |

---

Consolidated Schedule of Investments - Virtus AlphaSimplex Global Macro ETF (continued)

October 31, 2025 (unaudited)

**Fair Value Measurements**

The Fund utilizes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. Level 1 includes unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access. Level 2 includes observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data. Level 3 includes unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available; representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following table summarizes valuation of the Fund's investments under the fair value hierarchy levels as of October 31, 2025.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Asset Valuation Inputs** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exchange Traded Funds | $2976611 | $— | $— | $2976611 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Futures | 248287 |  |  | 248287 |
| **Total** | $**3224898** | $**—** | $**—** | $**3224898** |
| **Liability Valuation Inputs** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Futures | $35215 | $— | $— | $35215 |
| **Total** | $**35215** | $**—** | $**—** | $**35215** |

---

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Virtus ETF Trust II

- **b. Investment Company Act file number:** 811-23078

- **c. CIK number of Registrant:** 0001648403

- **d. LEI of Registrant:** 549300KNJ4HBWHIYD309

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 1540 Broadway

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10036

  - **Telephone number:** 1-888-383-0553

**Item A.2. Information about the Series.**

- **a. Name of Series:** Virtus AlphaSimplex Global Macro ETF

- **b. EDGAR series identifier (if any):** S000093089

- **c. LEI of Series:** 2549005S0P2JF1BHC238

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2025-10-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $6200525.01

**Total Liabilities:** $4180.92

**Net Assets:** $6196344.09

**Amount of Assets Invested in Other Investment Companies:** $437028.00

**Cash Not Reported:** $3236307.74

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** -114.25701330 | **10-Year:** -2409.56630100 | **30-Year:** -1371.08280400

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000261160 | 2.62%                | 4.85%                | 2.38%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $72052.18                                  |
| Month 2  | $0.00                    | $94031.71                                  |
| Month 3  | $0.00                    | $61821.76                                  |

### Schedule of Portfolio Investments

| Name                                        | Title                                  | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| NEW YORK MERCANTILE EXCHANGE, INC.          | WTI CRUDE                              | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              | CORP              | US        |        -1 | NC      | $-3607.68     | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES U.S., INC.                      | MSCI EMGMKT                            | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DE               | CORP              | US        |         9 | NC      | $31657.50     | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES EUROPE                          | LONG GILT                              | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DIR              | CORP              | GB        |         7 | NC      | $3543.86      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| EUREX CLEARING AKTIENGESELLSCHAFT           | EURO-BUND                              | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              | CORP              | DE        |         7 | NC      | $-4053.79     | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | US 2YR NOTE (CBT)                      | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         3 | NC      | $-1919.48     | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.            | BP CURRENCY                            | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DFE              | CORP              | US        |         5 | NC      | $-13946.50    | -0.23%            |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | US 10YR NOTE (CBT)                     | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        24 | NC      | $-2289.45     | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | US ULTRA BOND CBT                      | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         3 | NC      | $-2719.32     | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| COMMODITY EXCHANGE, INC.                    | COPPER                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              | CORP              | US        |         1 | NC      | $-1834.52     | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core MSCI EAFE ETF                  | iShares Core MSCI EAFE ETF             | CUSIP: 46432F842<br>LEI: 5493009FT582MI7Y3I36 | Long             | EC               | RF                | US        |      9888 | NS      | $871033.92    | 14.06%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core S&P 500 ETF                    | iShares Core S&P 500 ETF               | CUSIP: 464287200<br>LEI: 5493007M4YMN8XL48C14 | Long             | EC               | RF                | US        |      2399 | NS      | $1643866.77   | 26.53%            |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | CORN                                   | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              | CORP              | US        |       -20 | NC      | $922.68       | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core MSCI Emerging Markets ETF      | iShares Core MSCI Emerging Markets ETF | CUSIP: 46434G103<br>LEI: 5493007C24Z3ZDJ0VD06 | Long             | EC               | RF                | US        |      6763 | NS      | $461710.01    | 7.45%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMODITY EXCHANGE, INC.                    | GOLD 100 OZ                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              | CORP              | US        |         1 | NC      | $54350.00     | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.            | EURO FX CURR                           | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-4423.25     | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.            | AUDUSD CRNCY                           | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-421.25      | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.            | C$ CURRENCY                            | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DFE              | CORP              | US        |       -28 | NC      | $21835.09     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.            | JAPAN YEN CURR                         | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DFE              | CORP              | US        |       -14 | NC      | $45304.25     | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.            | S&P500 EMINI                           | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               | CORP              | US        |         7 | NC      | $76574.28     | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES U.S., INC.                      | MSCI EAFE                              | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DE               | CORP              | US        |         9 | NC      | $14100.00     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-30

**Name of Applicant:** Virtus ETF Trust II

**Signature:** Brinton W. Frith

**Name of Signer:** Brinton W. Frith

**Title:** Treasurer and Principal Financial Officer