Designed to provide broad exposure to the Foreign Large Value ETF category of the market, the Vident International Equity Strategy ETF (VIDI) is a smart beta exchange traded fund launched on 10/29/2013.What Are Smart Beta ETFs?The ETF industry has long been dominated by products based on market cap weighted indexes, a strategy created to reflect the market or a particular market segment.Market cap weighted indexes offer a low-cost, convenient, and transparent way of replicating market returns, and are a goo ...