ActivePassive International Equity ETF
$38.63+0.23 (+0.60%)
- 0.45%
- $1.1B
- +14.1%
- 3.43%
- 0.1M sh
- $38.60
- low $34.00high $40.20
The ETF.net APIE Grade
B
Score 68 out of 100
- 9 of 57
Score 68 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A76 out of 100Rank 14 of 57Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C48 out of 100Rank 37 of 57Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A77 out of 100Rank 6 of 57Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B60 out of 100Rank 23 of 53Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A75 out of 100Rank 10 of 57
Our read on APIE
BThe name is the whole pitch. APIE anchors developed-markets-ex-US exposure to an American depositary receipt index, then blends active judgment over that passive core, at a price under the typical active international fund.
The fund seeks long-term capital appreciation.
Why people hold it
- Charges 0.45%, below the roughly 0.60% median for active international equity funds. Not the cheapest shelf in the aisle, but the fee works in the shareholder's favor versus the typical rival.
- Its reference index is the ADR version of developed markets outside the US, so the building blocks are US-listed depositary receipts rather than shares bought on local exchanges.
- Explicitly a hybrid: an index-referenced core with active decision-making layered on, per the fund's own filings. One ticker instead of pairing a cheap tracker with a stock-picker.
- Several hundred million dollars in assets, moderate steady volume, and a spot in the upper half of a peer group of more than 50 international active-equity funds.
Worth knowing
- Cheaper systematic competitors are right there: AVDE, DFIC and JIRE all list fees near 0.22% to 0.24%, roughly half of APIE's 0.45%.
- An ADR-built index reaches only foreign companies that carry US-listed depositary receipts, a narrower field than a full developed-markets benchmark.
- Launched in 2023, so its record is short next to the international funds that have been grinding through cycles for decades.
APIE Holdings
- Stocks
- 548
- 24%
- TSM
Sectors
- Technology23.5%
- Financials20.5%
- Industrials13.8%
- Health Care9.0%
- Consumer Discretionary8.6%
- Communication7.2%
- Consumer Staples6.6%
- Materials4.9%
- Energy3.2%
- Utilities2.3%
- Real Estate0.5%
Geography
- Japan14.15%
- Taiwan14.12%
- United Kingdom13.67%
- China8.55%
- Germany7.27%
- France6.37%
- Switzerland5.70%
- Netherlands4.84%
- 25.32%
Developed 68% · Emerging 32%
APIE Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
APIE$11,415
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | APIE |
|---|---|
| Year to date | +8.1% |
| 1 month | −2.0% |
| 3 months | −1.2% |
| 1 year | +14.1% |
| 3 years | +18.7% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | APIE |
|---|---|---|
| 2026 YTD | +8.1% | |
| 2025 | +31.4% | |
| 2024 | +7.3% | |
| 2023 | +8.0% |
APIE in the news
APIE Dividends
- 3.43%
- $1.32
- $1.32 per share
- Annual
Distribution history
APIE Risk
- 11.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.17
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −15.9%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.82
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
APIE Cost
0.45%
APIE0.45%
- The middle half of International Active Equity funds
- Median 0.59%
13 of the 55 International Active Equity funds charge less.
Other funds in International Active Equity
- AGIEQGoldman Sachs Data Enhanced International Equity ETFExpense ratio 0.30%1 year return —
- AENHIiShares Enhanced International Active ETFExpense ratio 0.27%1 year return —
- BIDEQLazard International Dynamic Equity ETFExpense ratio 0.40%1 year return +25.0%
- BTOUST. Rowe Price International Equity ETFExpense ratio 0.50%1 year return +17.0%
- BBRIEMFS Active Exchange Traded Funds Trust - MFS Blended Research International Equity ETFExpense ratio 0.34%1 year return —