Skip to content
etf.net

Launched · SEC filings

Brown Advisory International Value Select ETF

BAIVNasdaqC

$27.88+0.34 (+1.23%)

At close: Oct 13, 2026, 4:00 PM

C48/ 100

Rank 8 of 18 in International Active Value

C48/100Rank 8 of 18inInternational Active Value
Intraday session: up, 10 prints from 27.54 to 27.88. Range 27.80 to 27.93. Use the arrow keys to read each point.27.6027.7027.8010 AM12 PM2 PM4 PM
Expense ratio
0.60%
Fund size
$188M
1Y total return
—
Yield · Last 12 months
—
Holdings
56
Avg volume · 30D
0M sh
NAV per share
$27.49
52W range
low $22.67high $29.33
Launched
Filings
SEC EDGAR

The ETF.net BAIV Grade

Based on 5 of 6 pillars

C

Score 48 out of 100

Category
International Active Value⁠
Rank
8 of 18
Six-pillar profile for BAIV. Scores out of 100: Cost 59, Risk 44, Mission not scored, Tradability 32, Holdings 52, Durability 39. Strongest: Cost (59). Weakest: Tradability (32). Based on 5 of 6 pillars.

Score 48 of 100 falls in the C 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.
    B59 out of 100
    Rank 8 of 18

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C44 out of 100
    Rank 11 of 17

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D32 out of 100
    Rank 16 of 18

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C52 out of 100
    Rank 10 of 17

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D39 out of 100
    Rank 14 of 18

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 Oct 12, 2026
Asset class
Stocks
Holdings
56
Top-10 weight
30%
Largest holding
ICLR4.0%

Geography

  • United Kingdom17.64%
  • France14.38%
  • Japan14.22%
  • Netherlands13.89%
  • Germany8.10%
  • Ireland7.66%
  • Brazil3.54%
  • Switzerland2.98%
  • Other countries (10)17.59%

Developed 91% · Emerging 9% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001ICLRIcon PLC4.01%46,252$8M75
002PBR.APetroleo Brasil-Sp Pref Adr3.51%294,227$7M27
003MICC.ASMagnum Ice Cream Co Nv/The3.33%355,805$6M77
004BNR.DEBrenntag SE3.33%91,443$6M76
005EDEN.PAEdenred3.21%192,481$6M73
006ADEN.SWAdecco Group Ag-Reg2.96%214,067$6M55
007RAND.ASRandstad NV2.62%127,516$5M68
008CSL.AXCsl Ltd2.51%36,992$5M123
009WKL.ASWolters Kluwer2.48%54,515$5M125
010WPP.LWpp PLC2.41%914,881$5M54
011IMB.LImperial Brands PLC2.33%125,515$4M135
012BLND.LBritish Land Co PLC2.21%805,203$4M61
013SNYSanofi-Adr2.18%104,210$4M37
014DCC.LDcc Energy PLC2.18%48,662$4M62
015LAND.LLand Securities Group PLC2.17%508,555$4M85

Showing 1–15 of 56 holdings

BAIV Performance

Launched Feb 25, 2026

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.Not enough history yet.Not enough history yet.Not enough history yet.
BAIV$10,406
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,332
Jul 10, 2026 to Oct 12, 2026. BAIV $10,406. SPY $10,332. Use the arrow keys to read each point.$9,552$10,354$11,157Jul 2026Aug 2026Oct 2026

Jul 10, 2026 – Oct 12, 2026

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.

Trailing total return for BAIV. Periods over one year show the average yearly return.
PeriodBAIV
Year to dateFund launched this year—
1 month−3.6%
3 months+4.1%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper 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+7.6%

History from Feb 26, 2026

BAIV in the news

Filtered to BAIV · International Active Value

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 Oct 12, 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.

Other funds in International Active Value

See others