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Launched

MFS Blended Research Emerging Markets Equity ETF

BREENYSEMFSC

$25.860.00 (0.00%)

As of Oct 21, 2026, 9:46 AM ET

C50/ 100

Rank 14 of 28 in Emerging Markets Active Equity

C50/100Rank 14 of 28inEmerging Markets Active Equity
Intraday session: flat, 3 prints from 25.86 to 25.86. Range 25.86 to 26.00. Use the arrow keys to read each point.25.9025.9325.9525.9826.0010 AM12 PM2 PM4 PM
Expense ratio
0.44%
Fund size
$25M
1Y total return
—
Yield · Last 12 months
—
Holdings
137
Avg volume · 30D
1.16K sh
NAV per share
$25.71
52W range
low $21.70high $28.60
Launched

The ETF.net BREE Grade

Based on 5 of 6 pillars

C

Score 50 out of 100

Category
Emerging Markets Active Equity⁠
Rank
14 of 28
Six-pillar profile for BREE. Scores out of 100: Cost 70, Risk 56, Mission not scored, Tradability 19, Holdings 38, Durability 36. Strongest: Cost (70). Weakest: Tradability (19). Based on 5 of 6 pillars.

Score 50 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.
    A70 out of 100
    Rank 9 of 28

  • 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 9 of 28

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F19 out of 100
    Rank 27 of 28

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D38 out of 100
    Rank 19 of 26

  • 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 23 of 28

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 Holdings

Holdings pillarD38 out of 100Rank 19 of 26 in Emerging Markets Active EquityAs of Oct 21, 2026
Asset class
Stocks
Holdings
137
Top-10 weight
39%
Largest holding
TSM14.7%

Geography

  • Taiwan (Province of China)31.06%
  • Korea (the Republic of)21.61%
  • China21.58%
  • India4.82%
  • Brazil4.62%
  • South Africa3.32%
  • Greece1.72%
  • Mexico1.66%
  • Other countries (13)9.60%

Developed 2% · Emerging 98% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 10.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1TSMTaiwan Semiconductor Sp Adr14.72%8,676$3.69M278
2005930.KSSamsung Electronics Co Ltd5.03%7,910$1.26M177
3000660.KSSk Hynix Inc4.72%1,283$1.18M185
4005935.KSSamsung Electronics Pref2.58%5,181$647K84
50939.HKChina Construction Bank H2.44%489,627$610K111
6TCEHYTencent Holdings Ltd Uns Adr2.41%11,497$604K24
72317.TWHon Hai Precision Industry2.03%68,656$508K120
8BABAAlibaba Group Holding Sp Adr1.71%3,941$428K79
92454.TWMediatek Inc1.70%3,352$426K168
10KBKb Financial Group Inc Adr1.59%3,316$397K31
11—Cash & Cash Equivalents1.48%0$371K67
12NTESNetease Inc Adr1.47%2,938$368K46
13ASXAse Technology Holding Adr1.43%8,755$357K44
140857.HKPetrochinaco Ltd H1.40%275,892$351K92
15AXIAYAxia Energia Adr1.38%30,039$346K23

Showing 1–15 of 137 holdings

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$9,958
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,389
Jul 20, 2026 to Oct 20, 2026. BREE $9,958. SPY $10,389. Use the arrow keys to read each point.$10,000$10,500Jul 2026Sep 2026Oct 2026

Jul 20, 2026 – Oct 20, 2026

Returns run to the Oct 20, 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−5.2%
3 months−0.4%
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 BREE
YearReturn barBREE
2026 YTD+11.8%

Since listing, Mar 5, 2026

BREE in the news

Filtered to BREE · Emerging Markets Active Equity

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 Oct 20, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Mar 2026. No distributions yet.

BREE Risk

Risk pillarB56 out of 100Rank 9 of 28 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.

BREE Cost

Cost pillarA70 out of 100Rank 9 of 28 in Emerging Markets Active Equity
Expense ratio0.44%
  • 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.

Other funds in Emerging Markets Active Equity

See others