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BAIV

GradeCNASDAQ Global Market

Brown Advisory International Value Select ETF

Active Equity · Brown Advisory · Inception 2026-02-25 · SEC filings

$27.95−0.44 (−1.54%)

As of Sep 23, 2026, 2:55 PM EDT

History starts Feb 26, 2026.History starts Feb 26, 2026.
Intraday session: down, 14 prints from 28.38 to 27.95. Range 27.91 to 28.18. Use the arrow keys to read each point.$27.90$28.00$28.10$28.2010 AM12 PM2 PM4 PM
Expense ratio
0.60%
Fund size
$160M
1Y return
—
Yield · Last 12 months
—
Volume · 30D
0M sh
NAV per share
$28.15
52W range
low $22.67high $29.33

The ETF.net BAIV Grade

C

53/ 100

Rank 7 of 18 in International Active Value⁠

Confidence Medium

Six-pillar profile for BAIV. Scores out of 100: Cost 59, Risk 48, Mission not scored, Tradability 53, Holdings 52, Durability 39. Strongest: Cost (59). Weakest: Durability (39). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 53 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 59
    Category rank8/18 · top 44%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 48
    Category rank10/17 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 53
    Category rank8/18 · top 44%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 52
    Category rank10/17 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 39
    Category rank13/18 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on BAIV

ETF.net Research

CA concentrated international value fund built from scratch by Nick Kirrage, who ran Schroders' global value team. Typically 35 to 65 non-US stocks, developed and emerging, any size, bought where the crowd has soured.

Stated mandate

The Fund seeks long-term capital appreciation.

Why people hold it

  1. 01Deliberately concentrated: typically 35 to 65 holdings across developed and emerging markets and small through large caps, so each contrarian pick carries real weight.brownadvisory.combrownadvisory.com
  2. 02Charges 0.60%, a shade under the typical fee in its active international value peer group.
  3. 03Run by a value specialist with more than two decades at Schroders, latterly head of its global value team, now backed by a dedicated London research bench.ai-cio.comprnewswire.com
  4. 04A clean non-US sleeve: the same value process as the firm's global strategy, with the US market carved out, and a stated goal of long-term capital appreciation.prnewswire.com

Worth knowing

  1. 01Started trading in February 2026, so there is no long record, and results ride on the team's judgment rather than an index.brownadvisory.com
  2. 02Trades thinly and is small next to established rivals, which tends to mean wider spreads. Limit orders are the usual defense.
  3. 03Costs more than systematic international value options such as AVIV (0.25%) and AVDV (0.36%), the price of a human stock picker.

BAIV Holdings

As of Sep 20, 2026, 9:23 AM
Asset class
Stocks
Holdings
—
Top-10 weight
30%
Largest holding
ICLR3.9%

Geography

  • United Kingdom17.54%
  • France14.95%
  • Japan14.24%
  • Netherlands14.06%
  • Germany7.92%
  • Ireland7.65%
  • Switzerland3.33%
  • Brazil2.89%
  • Other countries (10)17.43%

Developed 92% · Emerging 8% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001ICLRICON PLC3.93%38,069$6M71
002MICC.ASMAGNUM ICE CREAM CO NV/THE3.48%292,742$6M77
003ADEN.SWADECCO GROUP AG-REG3.31%176,141$5M57
004BNR.DEBRENNTAG SE3.25%75,224$5M77
005EDEN.PAEDENRED3.24%158,377$5M74
006PBR-APETROLEO BRASIL-SP PREF ADR2.87%242,091$5M25
007RAND.ASRANDSTAD NV2.75%104,927$4M68
008WPP.LWPP PLC2.43%752,740$4M54
009CSL.AXCSL LTD2.39%30,426$4M120
010SNYSANOFI-ADR2.29%85,737$4M35
011BLND.LBRITISH LAND CO PLC2.22%662,515$4M63
012WKL.ASWOLTERS KLUWER2.21%44,862$4M125
013LAND.LLAND SECURITIES GROUP PLC2.20%418,444$3M87
014IMB.LIMPERIAL BRANDS PLC2.16%103,269$3M138
015DCC.LDCC ENERGY PLC2.16%40,038$3M62

Showing 1–15 of 57 holdings

BAIV Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

BAIV$11,174
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. BAIV $11,174. SPY $10,415. Use the arrow keys to read each point.$9,656$10,652$11,649Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

Returns run to the Sep 22, 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.

Trailing total return for BAIV. Periods over one year show the average yearly return.
PeriodBAIV
Year to dateFund launched this year—
1 month−2.3%
3 months+11.7%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for BAIV
YearReturn barBAIV
2026 YTD+10.9%

History from Feb 26, 2026

BAIV in the news

ETF.net Research hasn’t filed on BAIV yet — coverage lands here as it’s written.

BAIV Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Feb 2026. No distributions yet.

BAIV Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Feb 2026; fills in after 12 months
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.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Feb 2026; fills in after 12 months
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.

The largest fall from a peak to the low that followed.
—
Launched Feb 2026; fills in after 12 months
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.

How strongly the fund’s returns move with its asset-class index.
0.50
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

BAIV Cost

Expense ratio0.60%
  • The middle half of International Active Value funds
  • Median 0.66%

7 of the 18 International Active Value funds charge less.

BAIV costs $60.00 a year on $10,000. The median International Active Value fund costs $65.50.