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Launched · SEC filings

Brandes International ETF

BINVCboeBrandesC

$45.12+0.73 (+1.64%)

As of Nov 2, 2026, 3:59 PM ET

C42/ 100

Rank 10 of 18 in International Active Value

C42/100Rank 10 of 18inInternational Active Value
Intraday session: up, 79 prints from 44.39 to 45.12. Range 41.82 to 45.21. Use the arrow keys to read each point.42.0042.5043.0043.5044.0010 AM12 PM2 PM4 PM
Expense ratio
0.70%
Fund size
$550M
1Y total return
+17.4%
Yield · Last 12 months
2.22%
Holdings
70
Avg volume · 30D
31.2K sh
52W range
low $37.99high $46.05
Launched
Filings
SEC EDGAR

The ETF.net BINV Grade

Based on 5 of 6 pillars

C

Score 42 out of 100

Category
International Active Value⁠
Rank
10 of 18
Six-pillar profile for BINV. Scores out of 100: Cost 21, Risk 56, Mission not scored, Tradability 54, Holdings 63, Durability 55. Strongest: Holdings (63). Weakest: Cost (21). Based on 5 of 6 pillars.

Score 42 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.
    F21 out of 100
    Rank 13 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.
    B56 out of 100
    Rank 8 of 18

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C54 out of 100
    Rank 7 of 18

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B63 out of 100
    Rank 8 of 17

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B55 out of 100
    Rank 10 of 18

Our read on BINV

ETF.net Research

In short

CA 2023 launch that puts the Brandes value discipline in an ETF wrapper: roughly 70 non-US stocks, developed and emerging, picked one company at a time with no index underneath.

Stated mandate

The fund seeks long-term capital appreciation by investing primarily in equity securities of non-U.S. companies.

Why people hold it

  • Genuinely active, not an index sleeve: about 70 non-US names selected under Brandes' declared Active Value approach.brandes.com
  • The mandate spans developed and emerging markets, so bargains can be sourced anywhere outside the US rather than in one fenced-off region.
  • Stands in the upper half of its active international value peer group, a cohort packed with well-built competitors.
  • Distributions arrive on a quarterly cadence.

Worth knowing

  • 0.70% a year sits above the 0.65% median for its peer group and well above systematic rivals like AVIV at 0.25%. Stock selection is what the fee buys.
  • Thinly traded, so bid/ask spreads and order type carry more weight here than in a giant index fund.
  • Launched in 2023 and still modest in size, which leaves a short live record to judge the approach by.

BINV Holdings

Holdings pillarB63 out of 100Rank 8 of 17 in International Active Value
Asset class
Stocks
Holdings
70
Top-10 weight
25%
Largest holding
SAPGF3.3%

Sectors

  • Consumer Staples26.4%
  • Health Care16.7%
  • Consumer Discretionary14.6%
  • Industrials9.6%
  • Technology8.4%
  • Communication7.3%
  • Financials6.8%
  • Materials4.5%
  • Energy2.9%
  • Real Estate1.7%
  • Utilities1.3%

Geography

  • France16.22%
  • United Kingdom13.84%
  • Japan12.80%
  • Germany9.20%
  • Mexico7.19%
  • Brazil5.98%
  • Switzerland5.34%
  • China4.60%
  • Other countries (14)24.82%

Developed 79% · Emerging 21% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 5.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1SAPGFSap SE Npv Adr3.27%74,490$17.5M9
2SNYNFSanofi3.08%185,180$16.5M14
34502.TTakeda Pharmaceutical Co Ltd Npv2.78%352,412$14.9M144
4BABAAlibaba Group Hldg USD 0.000025 Adr2.50%136,470$13.4M75
5WALMEX.MXWal-Mart De Mexico Sab De Cv Npv2.41%4,820,425$12.9M87
6HEN.DEHenkel AG & Co Kgaa Npv2.29%150,613$12.2M92
7HEIO.ASHeineken Holding NV Eur 1.62.18%137,830$11.7M90
84503.TAstellas Pharma Inc Npv2.10%688,208$11.2M165
9RBGLYReckitt Benckiser Group PLC Npv Adr2.03%745,394$10.9M8
10CAP.PACapgemini SE2.02%75,796$10.8M125
11DEODiageo PLC 25P Adr1.99%114,144$10.7M22
12SNNSmith & Nephew Group P L C 20P Adr1.93%348,629$10.4M22
13NGGNational Grid PLC Npv Adr1.92%122,624$10.3M20
14RI.SWPernod Ric EUR1.551.92%135,966$10.3M2
157267.THonda Motor Co Ltd Npv1.92%905,400$10.3M123

Showing 1–15 of 70 holdings

BINV Performance

Launched Oct 5, 2023

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.
BINV$11,736
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. BINV $11,736. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 BINV. Periods over one year show the average yearly return.
PeriodBINV
Year to date+12.5%
1 month+3.0%
3 months−0.8%
1 year+17.4%
3 yearsper year+23.8%
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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 BINV
YearReturn barBINV
2026 YTD+12.5%
2025+37.8%
2024+7.7%
2023+12.7%

Since listing, Oct 5, 2023

BINV in the news

BINV 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 30, 2026.
2.22%Last 12 months
Payout per share
$0.99Last 12 months
Last payment
$0.18 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2023–2026

One bar per payment. 12 payments from 2023 to 2026 YTD. Dec 27, 2023 $0.08; Mar 26, 2024 $0.03; Jun 27, 2024 $0.43; Sep 27, 2024 $0.10; Dec 30, 2024 $0.16; Mar 28, 2025 $0.02; Jun 27, 2025 $0.49; Sep 29, 2025 $0.13; Dec 30, 2025 $0.25; Mar 30, 2026 $0.0043; Jun 29, 2026 $0.55; Sep 29, 2026 $0.18. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Sep 29, 2026Sep 30, 2026$0.18
Jun 29, 2026Jun 30, 2026$0.55
Mar 30, 2026Mar 31, 2026$0.0043
Dec 30, 2025Dec 31, 2025$0.25
Sep 29, 2025Sep 30, 2025$0.13
Jun 27, 2025Jun 30, 2025$0.49
Mar 28, 2025Mar 31, 2025$0.02
Dec 30, 2024Dec 31, 2024$0.16
Sep 27, 2024Sep 30, 2024$0.10
Jun 27, 2024Jun 28, 2024$0.43
Mar 26, 2024Mar 28, 2024$0.03
Dec 27, 2023Dec 29, 2023$0.08

$10,000 in BINV 3 years ago paid $928 in dividends.

BINV Risk

Risk pillarB56 out of 100Rank 8 of 18 in International Active Value
How much the fund’s monthly returns vary, scaled to a year.
12.4%
Annualised · 36 months to Oct 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.
1.44
vs 3-month T-bills · to Oct 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.
−14.9%
36 months · trough Apr 2025
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.
0.41
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.

FMP measures it over up to five years of monthly returns.

BINV Cost

Compare BINV and AVIV

Overpaying vs AVIV, cheapest in International Active Value

$8,447

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BINV 0.70%

    $13,606

  • AVIV 0.25% Cheapest

    $5,159

$10,000
30 years

Cost over time

  • BINV 0.70%
  • AVIV 0.25%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530BINV $13,606AVIV $5,159

Year by year

YearBINVAVIVOverpaying
10$1,250$455$795
20$4,760$1,769$2,991
30$13,606$5,159$8,447

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