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Launched

MFS Blended Research Emerging Markets Equity ETF

BREENYSEMFSC

$25.07−0.12 (−0.48%)

As of Nov 10, 2026, 10:35 AM ET

C53/ 100

Rank 10 of 27 in Emerging Markets Active Equity

C53/100Rank 10 of 27inEmerging Markets Active Equity
Intraday session: down, 11 prints from 25.19 to 25.07. Range 25.07 to 25.19. Use the arrow keys to read each point.25.1025.1325.1525.1810 AM12 PM2 PM4 PM
Expense ratio
0.44%
Fund size
$24M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
137
Avg volume · 30D
1.32K sh
52W range
low $21.70high $28.60
Launched

The ETF.net BREE Grade

Based on 5 of 6 pillars

C

Score 53 out of 100

Category
Emerging Markets Active Equity⁠
Rank
10 of 27
Six-pillar profile for BREE. Scores out of 100: Cost 69, Risk 54, Mission not scored, Tradability 33, Holdings 44, Durability 36. Strongest: Cost (69). Weakest: Tradability (33). Based on 5 of 6 pillars.

Score 53 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.
    B69 out of 100
    Rank 9 of 27

  • 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.
    C54 out of 100
    Rank 13 of 27

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D33 out of 100
    Rank 20 of 27

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C44 out of 100
    Rank 17 of 25

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D36 out of 100
    Rank 22 of 27

Our read on BREE

ETF.net Research

In short

CActive emerging-markets stock picking at a near-index price: 0.44% a year, below what most active EM funds charge, with the MSCI Emerging Markets Index as the yardstick. It opened in 2026, so the fee is proven and the record isn't yet.

Stated mandate

The fund seeks capital appreciation through an actively managed portfolio of equity securities issued by companies economically tied to emerging-market countries.

Why people hold it

  • 0.44% a year for active EM management, under the typical active emerging-markets fee and cheaper than several funds measured against the same MSCI EM benchmark (CGNG, EMSF).
  • Actively run, not index-replicating: managers seek capital appreciation from companies economically tied to emerging markets, in weights MSCI EM doesn't dictate.
  • A plain 1940 Act equity fund. No leverage, no exotic wrapper, no structural quirks to decode. The portfolio is the whole story.

Worth knowing

  • It launched in 2026. The live record is short, and risk readings rest on limited history rather than a full market cycle.
  • Young, small funds trade thinner than the EM index giants, so bid-ask spreads run wider. Limit orders matter more here than in a mega-fund.
  • The mandate targets capital appreciation, not income, and the fund has not been making regular distributions.

BREE Performance

Launched Mar 5, 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.
BREE$9,460
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$9,758
Aug 7, 2026 to Nov 9, 2026. BREE $9,460. SPY $9,758. Use the arrow keys to read each point.$9,000$9,500$10,000$10,500Aug 2026Sep 2026Nov 2026

Aug 7, 2026 – Nov 9, 2026

Returns run to the Nov 9, 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 BREE. Periods over one year show the average yearly return.
PeriodBREE
Year to dateFund launched this yearNo data
1 month−7.3%
3 months−5.4%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
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 BREE
YearReturn barBREE
2026 YTD+8.9%

Since listing, Mar 5, 2026

BREE in the news

BREE 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 Nov 9, 2026.
No dataLast 12 months
Payout per share
No dataLast 12 months

Listed Mar 2026. No distributions yet.

BREE Risk

Risk pillarC54 out of 100Rank 13 of 27 in Emerging Markets Active Equity
How much the fund’s monthly returns vary, scaled to a year.
Launched Mar 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 Mar 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 Mar 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.
1.25
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.

BREE Cost

Compare BREE and AVEM

Overpaying vs AVEM, tied cheapest in Emerging Markets Active Equity

$2,115

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

  • BREE 0.44%

    $8,852

  • AVEM 0.33% Tied cheapest

    $6,737

$10,000
30 years

Cost over time

  • BREE 0.44%
  • AVEM 0.33%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530BREE $8,852AVEM $6,737

Year by year

YearBREEAVEMOverpaying
10$794$598$196
20$3,061$2,318$743
30$8,852$6,737$2,115

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