Skip to content
etf.net

BREE

GradeCNew York Stock Exchange

MFS Blended Research Emerging Markets Equity ETF

Active Equity · MFS · Inception 2026-03-05

$27.50−0.15 (−0.54%)

As of Sep 24, 2026, 3:02 PM EDT

History starts Mar 5, 2026.History starts Mar 5, 2026.
Intraday session: down, 10 prints from 27.65 to 27.50. Range 27.45 to 27.65. Use the arrow keys to read each point.$27.45$27.55$27.60$27.6510 AM12 PM2 PM4 PM
Expense ratio
0.44%
Fund size
$27M
1Y return
—
Yield · Last 12 months
—
Volume · 30D
0M sh
NAV per share
$27.99
52W range
low $21.70high $28.60

The ETF.net BREE Grade

C

51/ 100

Rank 14 of 28 in Emerging Markets Active Equity⁠

Confidence Medium

Six-pillar profile for BREE. Scores out of 100: Cost 70, Risk 59, Mission not scored, Tradability 23, Holdings 36, Durability 35. Strongest: Cost (70). Weakest: Tradability (23). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 51 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.
    AScore 70
    Category rank9/28 · top 32%

  • 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.
    BScore 59
    Category rank7/28 · top 25%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 23
    Category rank23/28 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 36
    Category rank21/26 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 35
    Category rank23/28 · bottom quartile

Graded as of Sep 23, 2026 · Based on 5 of 6 pillars

Our read on BREE

ETF.net Research

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

  1. 010.44% 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).
  2. 02Actively run, not index-replicating: managers seek capital appreciation from companies economically tied to emerging markets, in weights MSCI EM doesn't dictate.
  3. 03A plain 1940 Act equity fund. No leverage, no exotic wrapper, no structural quirks to decode. The portfolio is the whole story.

Worth knowing

  1. 01It launched in 2026. The live record is short, and risk readings rest on limited history rather than a full market cycle.
  2. 02Young, 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.
  3. 03The mandate targets capital appreciation, not income, and the fund has not been making regular distributions.

BREE Holdings

As of Sep 21, 2026, 3:50 AM
Asset class
Stocks
Holdings
—
Top-10 weight
41%
Largest holding
TSM14.2%

Geography

  • Taiwan (Province of China)30.61%
  • Korea (the Republic of)24.93%
  • China20.40%
  • Brazil4.46%
  • India4.24%
  • South Africa3.44%
  • Hong Kong1.83%
  • Greece1.68%
  • Other countries (13)8.40%

Developed 2% · Emerging 98% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 10.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001TSMTAIWAN SEMICONDUCTOR SP ADR14.19%8,676$4M268
002000660.KSSK HYNIX INC6.48%1,283$2M185
003005930.KSSAMSUNG ELECTRONICS CO LTD5.62%7,910$1M177
004005935.KSSAMSUNG ELECTRONICS PREF2.77%5,181$735K85
005TCEHYTENCENT HOLDINGS LTD UNS ADR2.33%11,497$620K23
0060939.HKCHINA CONSTRUCTION BANK H2.25%489,627$599K106
0072317.TWHON HAI PRECISION INDUSTRY1.98%66,656$526K115
0082454.TWMEDIATEK INC1.87%3,352$497K165
009BABAALIBABA GROUP HOLDING SP ADR1.68%3,941$446K78
010KBKB FINANCIAL GROUP INC ADR1.58%3,316$421K28
011ASXASE TECHNOLOGY HOLDING ADR1.37%8,755$364K40
0120992.HKLENOVO GROUP LTD1.37%75,938$364K116
013—Cash & Cash Equivalents1.30%0$346K67
014NTESNETEASE INC ADR1.28%2,938$341K42
0150857.HKPETROCHINACO LTD H1.26%275,892$334K92

Showing 1–15 of 139 holdings

BREE Performance

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

BREE$10,177
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,493
Jun 23, 2026 to Sep 23, 2026. BREE $10,177. SPY $10,493. Use the arrow keys to read each point.$9,065$9,892$10,718Jun 2026Aug 2026Sep 2026

Jun 23, 2026 – Sep 23, 2026

Returns run to the Sep 23, 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 year—
1 month+1.8%
3 months+1.8%
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 BREE
YearReturn barBREE
2026 YTD+19.5%

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 Sep 23, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Mar 2026. No distributions yet.

BREE Risk

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.
1.29
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.

BREE Cost

Expense ratio0.44%
  • The middle half of Emerging Markets Active Equity funds
  • Median 0.65%

8 of the 27 Emerging Markets Active Equity funds charge less.

BREE costs $44.00 a year on $10,000. The median Emerging Markets Active Equity fund costs $65.00.