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Launched

Nomura Focused International Core ETF

EXUSNasdaqNomuraD

$25.66+0.07 (+0.27%)

As of Nov 6, 2026, 10:17 AM ET

D34/ 100

Rank 44 of 56 in International Active Equity

D34/100Rank 44 of 56inInternational Active Equity
Intraday session: up, 10 prints from 25.59 to 25.66. Range 25.46 to 25.66. Use the arrow keys to read each point.25.5025.5510 AM12 PM2 PM4 PM
Expense ratio
0.59%
Fund size
$92M
1Y total return
−1.2%
Yield · Last 12 months
No data
Holdings
47
Avg volume · 30D
7.86K sh
52W range
low $23.32high $30.00
Launched

The ETF.net EXUS Grade

Based on 5 of 6 pillars

D

Score 34 out of 100

Category
International Active Equity⁠
Rank
44 of 56
Six-pillar profile for EXUS. Scores out of 100: Cost 43, Risk 17, Mission not scored, Tradability 26, Holdings 46, Durability 36. Strongest: Holdings (46). Weakest: Risk (17). Based on 5 of 6 pillars.

Score 34 of 100 falls in the D 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.
    C43 out of 100
    Rank 31 of 56

  • 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.
    F17 out of 100
    Rank 52 of 56

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D26 out of 100
    Rank 48 of 56

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C46 out of 100
    Rank 35 of 52

  • 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 45 of 56

Our read on EXUS

ETF.net Research

In short

DAn active international fund that earns the word "focused": 35 to 45 stocks picked one by one, with country and factor bets deliberately dialed down so the individual stock calls do the work.

Stated mandate

The fund seeks capital growth and appreciation.

Why people hold it

  • Focused is literal. The portfolio targets 35 to 45 international stocks, so every pick carries real weight instead of vanishing into a thousand-name benchmark.macquarie.com
  • Macquarie's Global Equity Team takes granular stock-specific risk while working to minimize country and factor tilts. A different engine than the broad systematic funds that lead this group.macquarie.com
  • At 0.59%, the fee lands right at the midpoint for actively managed international funds rather than above it.
  • The ETF runs the same International Core approach the team already managed in mutual fund form, so the wrapper is newer than the process.macquarie.com

Worth knowing

  • Still roughly double the fee of the group's top-ranked systematic peers: AVDE at 0.23%, DFIC at 0.22%. The stock picking carries that gap.
  • Concentration cuts both ways. With 35 to 45 names, one holding's stumble lands harder here than in a sprawling international index fund.macquarie.com
  • A small fund that trades lightly next to the category's heavyweights, which can mean wider spreads at the moment of the trade.

EXUS Performance

Launched Jun 17, 2025

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.
EXUS$9,878
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,934
Nov 5, 2025 to Nov 5, 2026. EXUS $9,878. SPY $10,934. Use the arrow keys to read each point.$9,000$10,000$11,000Nov 2025May 2026Nov 2026

Nov 5, 2025 – Nov 5, 2026

Returns run to the Nov 5, 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 EXUS. Periods over one year show the average yearly return.
PeriodEXUS
Year to date−1.6%
1 month−10.0%
3 months−10.7%
1 year−1.2%
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 EXUS
YearReturn barEXUS
2026 YTD−1.6%
2025+4.3%

History from Jun 18, 2025

EXUS in the news

EXUS Dividends

Last payment
$0.009 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 24, 2025 $0.009. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 24, 2025Dec 31, 2025$0.009

$10,000 in EXUS 1 year ago paid $3.49 in dividends.

EXUS Risk

Risk pillarF17 out of 100Rank 52 of 56 in International Active Equity
How much the fund’s monthly returns vary, scaled to a year.
17.2%
Annualised · 16 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.
−0.16
vs 3-month T-bills · 16 months 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.
−15.3%
16 months · trough Mar 2026
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.
1.09
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.

EXUS Cost

Compare EXUS and TACN

Overpaying vs TACN, cheapest in International Active Equity

$11,635

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

  • EXUS 0.59%

    $11,635

  • TACN 0.00% Cheapest

    $0

$10,000
30 years

Cost over time

  • EXUS 0.59%
  • TACN 0.00%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530EXUS $11,635TACN $0

Year by year

YearEXUSTACNOverpaying
10$1,058$0$1,058
20$4,051$0$4,051
30$11,635$0$11,635

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