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BCIL

GradeFNew York Stock Exchange Arca

Bancreek International Large Cap ETF

Active Equity · Bancreek · Inception 2024-03-20 · SEC filings

$29.04−0.62 (−2.09%)

As of Sep 23, 2026, 3:04 PM EDT

History starts Mar 21, 2024.
Intraday session: down, 59 prints from 29.66 to 29.04. Range 28.93 to 29.30. Use the arrow keys to read each point.$28.90$29.10$29.20$29.3010 AM12 PM2 PM4 PM
Expense ratio
0.90%
Fund size
$91M
1Y return
+1.6%
Yield · Last 12 months
0.74%
Holdings
30
Volume · 30D
0M sh
NAV per share
$29.12
52W range
low $25.50high $31.44

The ETF.net BCIL Grade

F

24/ 100

Rank 54 of 57 in International Active Equity

Confidence High

Six-pillar profile for BCIL. Scores out of 100: Cost 18, Risk 24, Mission 31, Tradability 29, Holdings 32, Durability 40. Strongest: Durability (40). Weakest: Cost (18). Leans toward Durability.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 24 of 100 sits in the F 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.
    FScore 18
    Category rank47/57 · bottom quartile
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    DScore 31
    Category rank6/7 · bottom quartile
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    FScore 24
    Category rank51/57 · bottom quartile
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 29
    Category rank40/57 · mid-pack
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 32
    Category rank42/53 · bottom quartile
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 40
    Category rank40/57 · mid-pack

Graded as of Sep 22, 2026

Our read on BCIL

ETF.net Research

FA boutique quant shop's concentrated take on international large caps: screen the developed world for structurally advantaged business models, then own a few dozen of them. Active, focused, and priced like the specialist product it is.

Stated mandate

The Fund seeks long-term capital appreciation.

Why people hold it

  1. 01Genuinely active and genuinely concentrated: a few dozen non-US large caps, not a sprawling index tracker wearing an active label.bancreeketfs.com
  2. 02Stock picking runs on a quantitative framework hunting companies with structurally advantaged business models, so the selection process is systematic rather than gut feel.bancreeketfs.combancreeketfs.com
  3. 03Plain mandate, plainly stated: developed-market equity outside the US, seeking long-term capital appreciation, with distributions on a quarterly schedule.

Worth knowing

  1. 010.80% a year sits above the typical active international fund and well above systematic rivals like AVDE (0.23%) and DFIC (0.22%). You are paying for the model.
  2. 02Launched in 2024, so there is no track record across a full market cycle. The fund also leans heavily on proprietary models and third-party data you cannot inspect.bancreeketfs.com
  3. 03It is small and lightly traded next to the index giants in its category, so bid-ask spreads can add cost beyond the headline fee.

BCIL Holdings

As of Sep 20, 2026, 9:28 AM
Asset class
Stocks
Holdings
30
Top-10 weight
40%
Largest holding
CDA.AX4.3%

Sectors

  • Industrials28.9%
  • Technology17.6%
  • Cons. Staples16.3%
  • Consumer Discr.7.6%
  • Health Care6.9%
  • Financials6.4%
  • Communication6.2%
  • Materials4.2%
  • Utilities3.0%
  • Real Estate3.0%

Geography

  • Korea (the Republic of)14.34%
  • Switzerland12.42%
  • Japan12.28%
  • United Kingdom10.20%
  • Australia9.34%
  • Italy8.14%
  • Canada7.97%
  • Israel7.04%
  • Other countries (4)18.27%

Developed 74% · Emerging 26% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001CDA.AXCODAN LTD4.31%112,341$4M56
002IG.MIITALGAS SPA4.13%383,955$4M85
003DOL.TODOLLARAMA INC4.05%29,590$4M74
004NOVN.SWNOVARTIS AG4.02%25,704$4M183
005000660.KSSK HYNIX INC3.98%2,843$4M184
006BFT.WABENEFIT SYSTEMS SA3.98%2,677$4M47
0077936.TASICS CORP3.96%135,800$4M130
008HOLN.SWHOLCIM LTD3.92%42,623$4M120
009HUB.AXHUB24 LTD3.88%71,366$3M53
0106857.TADVANTEST CORP ORD3.83%17,800$3M180
011GTT.PAGAZTRANSPORT ET TECHNIGA SA3.15%10,883$3M64
012NXSN.TANEXT VISION STABILIZED SYSTE3.10%36,244$3M61
013MMHD.TAMENORA MIVTACHIM HOLDINGS LT3.07%15,201$3M54
014DPLM.LDIPLOMA PLC3.06%28,173$3M97
015BGN.MIBANCA GENERALI SPA3.01%35,796$3M53

Showing 1–15 of 31 holdings

BCIL Performance

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

BCIL$10,155
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. BCIL $10,155. SPY $11,723. Use the arrow keys to read each point.$8,475$10,240$12,005Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – 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 BCIL. Periods over one year show the average yearly return.
PeriodBCIL
Year to date+6.8%
1 month−1.2%
3 months−4.2%
1 year+1.6%
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 BCIL
YearReturn barBCIL
2026 YTD+6.8%
2025+11.9%
2024+0.6%

History from Mar 21, 2024

BCIL in the news

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

BCIL 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.
0.74%Last 12 months
Payout per share
$0.22Last 12 months
Last payment
$0.15 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2024–2026

One bar per payment. 8 payments from 2024 to 2026 YTD. Jun 24, 2024 $0.16; Sep 24, 2024 $0.0041; Dec 30, 2024 $0.03; Mar 26, 2025 $0.05; Jun 26, 2025 $0.23; Sep 29, 2025 $0.05; Dec 30, 2025 $0.02; Jun 26, 2026 $0.15. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Jun 26, 2026Jun 30, 2026$0.15
Dec 30, 2025Dec 31, 2025$0.02
Sep 29, 2025Sep 30, 2025$0.05
Jun 26, 2025Jun 27, 2025$0.23
Mar 26, 2025Mar 27, 2025$0.05
Dec 30, 2024Dec 31, 2024$0.03
Sep 24, 2024Sep 25, 2024$0.0041
Jun 24, 2024Jun 25, 2024$0.16

BCIL Risk

How much the fund’s monthly returns vary, scaled to a year.
15.6%
Annualised · 29 months to Aug 2026
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.
0.30
vs 3-month T-bills · 29 months to Aug 2026
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.
−16.2%
30 months · trough Mar 2026
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.
0.78
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.

BCIL Cost

Expense ratio0.90%
  • The middle half of International Active Equity funds
  • Median 0.58%

44 of the 55 International Active Equity funds charge less.

BCIL costs $90.00 a year on $10,000. The median International Active Equity fund costs $58.00.