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Launched · SEC filings

Tweedy, Browne International Insider + Value ETF

ICPYNYSE ArcaTweedy, Browne Co.D

$13.22+0.09 (+0.69%)

At close: Nov 2, 2026, 4:00 PM ET

D40/ 100

Rank 12 of 18 in International Active Value

D40/100Rank 12 of 18inInternational Active Value
Intraday session: up, 79 prints from 13.13 to 13.22. Range 13.20 to 13.24. Use the arrow keys to read each point.13.1613.1813.2013.2410 AM12 PM2 PM4 PM
Expense ratio
0.80%
Fund size
$80M
1Y total return
+30.4%
Yield · Last 12 months
No data
Holdings
139
Avg volume · 30D
21K sh
52W range
low $9.79high $14.14
Launched
Filings
SEC EDGAR

The ETF.net ICPY Grade

Based on 5 of 6 pillars

D

Score 40 out of 100

Category
International Active Value⁠
Rank
12 of 18
Six-pillar profile for ICPY. Scores out of 100: Cost 6, Risk 84, Mission not scored, Tradability 44, Holdings 73, Durability 44. Strongest: Risk (84). Weakest: Cost (6). Based on 5 of 6 pillars.

Score 40 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. The letter stays D for now. A new letter must hold for 3 published runs before it replaces it.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F6 out of 100
    Rank 17 of 18

  • 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.
    A84 out of 100
    Rank 2 of 18

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C44 out of 100
    Rank 9 of 18

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A73 out of 100
    Rank 5 of 17

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C44 out of 100
    Rank 12 of 18

Our read on ICPY

ETF.net Research

In short

DMost value funds stop at "cheap." Tweedy, Browne's international ETF wants a second signal: insiders buying their own stock, or the company buying back shares. Old-school value logic, aimed outside the US.

Stated mandate

The Fund seeks long-term capital growth. It mainly invests in non-U.S. equities the Adviser considers undervalued when company insiders are buying shares or the company is pursuing opportunistic buybacks.

Why people hold it

  • Two filters, not one: the adviser's own value scoring, plus evidence that company insiders are buying shares or the firm is running opportunistic buybacks.
  • Purely non-US equity mandate, so it covers ground a US-heavy core portfolio does not.
  • Lands in the upper half of its global active-equity peer group despite being one of the youngest funds in it, launched in 2025.

Worth knowing

  • The 0.80% expense ratio runs above the typical global active fund, and broad index-based rivals like GSWO (0.15%) sit far below it.
  • Thinly traded so far. Spreads can run wider than on large index funds, which matters most on big or hurried orders.
  • Launched in 2025, so there is little history to judge the strategy on in ETF form. Distributions come once or twice a year, not monthly.

ICPY Performance

Launched Sep 9, 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.
ICPY$13,037
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. ICPY $13,037. SPY $11,199. Use the arrow keys to read each point.$10,000$12,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 ICPY. Periods over one year show the average yearly return.
PeriodICPY
Year to date+21.1%
1 month+1.2%
3 months+1.4%
1 year+30.4%
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 ICPY
YearReturn barICPY
2026 YTD+21.1%
2025+8.9%

History from Sep 10, 2025

ICPY in the news

ICPY Dividends

Last payment
$0.03 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 23, 2025 $0.03. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 23, 2025Dec 24, 2025$0.03

$10,000 in ICPY 1 year ago paid $30.69 in dividends.

ICPY Risk

Risk pillarA84 out of 100Rank 2 of 18 in International Active Value
How much the fund’s monthly returns vary, scaled to a year.
11.5%
Annualised · 13 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.
1.87
vs 3-month T-bills · 13 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.
−8.9%
13 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.
0.34
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.

ICPY Cost

Compare ICPY and AVIV

Overpaying vs AVIV, cheapest in International Active Value

$10,187

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

  • ICPY 0.80%

    $15,346

  • AVIV 0.25% Cheapest

    $5,159

$10,000
30 years

Cost over time

  • ICPY 0.80%
  • AVIV 0.25%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530ICPY $15,346AVIV $5,159

Year by year

YearICPYAVIVOverpaying
10$1,422$455$967
20$5,393$1,769$3,624
30$15,346$5,159$10,187

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