Sparkline International Intangible Value ETF
$32.80+0.17 (+0.54%)
- 0.55%
- $21M
- +12.3%
- 1.97%
- 0M sh
- $32.58
- low $29.02high $34.40
The ETF.net DTAN Grade
C
Score 54 out of 100
- 7 of 18
Score 54 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.A76 out of 100Rank 4 of 18Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D28 out of 100Rank 14 of 17Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D33 out of 100Rank 14 of 18Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B65 out of 100Rank 8 of 17Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C40 out of 100Rank 13 of 18
Our read on DTAN
COld-school value screens run on book value, which shrugs at brands, patents and know-how. DTAN takes Sparkline's intangible-adjusted value model overseas, actively picking non-US stocks on an intrinsic value that tries to count the invisible assets.
The Fund seeks capital appreciation. It invests at least 80% of assets plus investment borrowings in publicly listed non-U.S. equities selected against the Sub-Adviser’s proprietary intangible-augmented intrinsic-value measure.
Why people hold it
- The screen is the whole product: at least 80% of assets in non-US listed equities chosen against an intangible-augmented intrinsic-value measure, not book value alone.
- 0.55% for active, boutique-quant international value sits under the typical fee in its peer group and matches JPMorgan's JIVE.
- Not a one-off experiment: Sparkline runs the same intangibles model across US, US small-cap, international and emerging-market funds.sec.gov
- Lands in the upper half of the active international value ETFs we cover, and it distributes quarterly.
Worth knowing
- A small fund that trades lightly, so spreads and market-order fills can be less friendly than at the category's heavyweights.
- No index to hold it to. Outcomes ride on the sub-adviser's proprietary model, and a 2024 launch leaves a short record to study.
- Cheaper neighbors exist in the same aisle: Avantis' AVIV at 0.25% and AVDV at 0.36% take a rules-based route to international value.
DTAN Holdings
- Stocks
- 115
- 28%
- SIE.DE
Geography
- Japan22.63%
- Germany22.49%
- United Kingdom11.50%
- Switzerland9.59%
- France9.23%
- Netherlands8.17%
- Canada3.73%
- Denmark2.90%
- 9.75%
Developed 98% · Emerging 2%
DTAN Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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DTAN$11,233
Returns run to the Oct 12, 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.
| Period | DTAN |
|---|---|
| Year to date | +6.0% |
| 1 month | −2.0% |
| 3 months | +2.0% |
| 1 year | +12.3% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | DTAN |
|---|---|---|
| 2026 YTD | +6.0% | |
| 2025 | +29.5% | |
| 2024 | −0.3% |
DTAN in the news
DTAN Dividends
- 1.97%
- $0.64
- $0.03 per share
- Quarterly
Distribution history
DTAN Risk
- 13.2%
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.
- 0.72
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.
- −17.6%
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.
- 0.59
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
DTAN Cost
0.55%
DTAN0.55%
- The middle half of International Active Value funds
- Median 0.66%
3 of the 18 International Active Value funds charge less.
Other funds in International Active Value
- BAIVIWisdomTree International AI Enhanced Value FundExpense ratio 0.58%1 year return +22.3%
- BMIVLMfs Active Exchange Traded Funds Trust - Active International Large Capital Value EtfExpense ratio 0.57%1 year return —
- CBAIVBrown Advisory International Value Select ETFExpense ratio 0.60%1 year return —
- CBINVBrandes International ETFExpense ratio 0.70%1 year return +17.9%
- CDINTDavis Select International ETFExpense ratio 0.66%1 year return +5.9%