VIRTUS ETF TRUST II AMENDMENT TO SCHEDULE A TO THE ADVISORY AGREEMENT
Exhibit 99(d)(1)(d)
AMENDMENT TO SCHEDULE A TO THE
THIS AMENDMENT (the “Amendment”) effective as of the 28th day of July 2025, to Schedule A to the Advisory Agreement, dated as of January 4, 2016 (the “Advisory Agreement”), is entered into by and between VIRTUS ETF TRUST II (the “Trust”), a Delaware statutory trust registered as an investment company under the Investment Company Act of 1940, as amended (the “1940 Act”), and VIRTUS INVESTMENT ADVISERS, LLC and/or VIRTUS ALTERNATIVE INVESTMENT ADVISERS, LLC, each a Delaware limited liability company (as applicable to the respective Fund, the “Adviser”), as the case may be, each as successor in interest to Virtus ETF Advisers LLC, a Delaware limited liability company, as noted on the attached Schedule A.
WHEREAS, each of the Trust and the Adviser is a party to the Advisory Agreement; and
WHEREAS, each of the Trust and the Adviser desires to amend the Advisory Agreement to replace Schedule A.
NOW, THEREFORE, the parties agree as follows:
1. Schedule A to the Advisory Agreement is hereby deleted in its entirety and replaced with Schedule A attached hereto.
2. Except to the extent amended hereby, the Advisory Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by a duly authorized officer on one or more counterparts as of the date and year first written above.
| VIRTUS ETF TRUST II | VIRTUS INVESTMENT ADVISERS, LLC | |||
| By: | /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ |
By: | /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ | |
| ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, President | ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇, Executive Vice President | |||
VIRTUS ALTERNATIVE INVESTMENT ADVISERS, LLC | ||||
| By: | /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ | |||
| ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇, Executive Vice President | ||||
SCHEDULE A
to the
between
and
VIRTUS INVESTMENT ADVISERS, LLC and
VIRTUS ALTERNATIVE INVESTMENT ADVISERS, LLC,
EACH A SUCCESSOR IN INTEREST TO ▇▇▇▇▇▇ ETF ADVISERS LLC
(As of July 28, 2025)
As compensation for the Adviser’s services rendered, the Adviser shall be entitled to a fee, computed daily at an annual rate based on the greater of (1) the minimum fee or (2) the average daily net assets of the respective Fund in accordance with the following fee schedule:
| Fund | Effective Date | Minimum Fee | Rate* | |||
| Virtus AlphaSimplex Global Macro ETF** | July 28, 2025 | $0 | 0.80% | |||
| Virtus AlphaSimplex Managed Futures ETF** | April 10, 2024 | $0 | 0.80% | |||
| ▇▇▇▇▇▇ ▇▇▇▇ & ▇▇▇▇▇▇ Clean Energy ETF | August 2, 2021 | $0 | 0.66% | |||
| Virtus IG Public & Private Credit ETF | July 28, 2025 | $0 | 0.45% | |||
| Virtus KAR Mid-Cap ETF | October 7, 2024 | $0 | 0.80% | |||
| Virtus Newfleet ABS/MBS ETF | February 9, 2021 | $0 | 0.49% | |||
| Virtus Newfleet Short Duration High Yield Bond ETF | March 22, 2021, as amended on November 28, 2023 | $0 | 0.39% | |||
| Virtus Newfleet Short Duration Core Plus Bond ETF | November 7, 2023 | $0 | 0.40% | |||
| Virtus Seix AAA Private Credit CLO ETF | November 25, 2024 | $0 | 0.29% | |||
| Virtus Seix Senior Loan ETF | April 22, 2019 | $0 | 0.57% | |||
| ▇▇▇▇▇▇ ▇▇▇▇▇ Harbor Emerging Markets High Yield Bond ETF | November 30, 2022 | $0 | 0.55% | |||
| ▇▇▇▇▇▇ ▇▇▇▇▇ Harbor International Bond ETF | July 28, 2025 | $0 | 0.45% | |||
| ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ U.S. Quality Momentum ETF | November 17, 2020 | $0 | 0.29% | |||
* The management fee for this Fund is structured as a “unified fee”, out of which the Adviser pays all of the ordinary operating expenses of the Fund, except for the fee payment under this Agreement; payments under any 12b-1 plan; taxes and other governmental fees; brokerage fees, commissions and other transaction expenses; interest and other costs of borrowing; litigation or arbitration expenses; acquired fund fees and expenses; and extraordinary or other non-routine expenses of the Fund; each of which is paid by the Fund.
** The Adviser of these Funds is Virtus Alternative Investment Advisers, LLC.