INTL

Chicago Board Options Exchange

Main International ETF

Broad Stock Market · Main Management · Inception 2022-11-30

$30.93−0.54 (−1.71%)

As of Sep 23, 2026, 2:20 PM EDT

Expense ratio: 0.84%
Fund size: $249M
1Y return: +17.1%
Yield · Last 12 months: 3.28%
Holdings: 10
Volume · 30D: 0M sh
NAV per share: $31.31
52W range: low $27.03high $32.34

Our read on INTL

ETF.net Research

An active international value fund with an unusual two-sided mandate in its own documents: beat the MSCI ACWI ex-USA index over a full market cycle while carrying less risk than it. The trade-off is the price tag.

Stated mandate

The Fund aims to beat the MSCI All Country World ex-USA Index across a complete market cycle while keeping risk below the benchmark.

Why people hold it

01The objective is written two ways: outperform MSCI ACWI ex-USA across a complete market cycle and keep risk below the benchmark. Downside discipline is part of the job description, not an afterthought.
02A real stock-picking mandate with a value lean across markets outside the US, in a corner of the market now dominated by systematic, rules-driven value products.
03Plain vanilla plumbing: a standard 1940 Act equity ETF, no leverage, no derivatives overlay, no K-1 at tax time.

Worth knowing

01At 1.03%, the fee sits well above systematic peers like AVIV (0.25%) and AVDV (0.36%), so the manager starts each year further behind the benchmark.
02A small, thinly traded fund. Spreads can run wider than the category's household names, and order size matters more than it would in a mega-fund.
03Launched in 2022, so there is no track record spanning the full market cycle its own objective uses as the yardstick.

INTL Holdings

As of Sep 22, 2026, 10:49 PM

Asset class: Stocks
Holdings: 10
Top-10 weight: 100%
Largest holding: IDEV37.4%

Sectors

Financials22.4%
Technology21.1%
Industrials14.9%
Consumer Discr.8.7%
Materials7.2%
Health Care6.8%

Communication5.1%
Cons. Staples4.7%
Energy4.5%
Utilities2.6%
Real Estate2.0%

Geography

United States100.00%

The fund’s holdings, weight-ordered — page 1 of 1.
#	Ticker	Company	Weight %	Shares	Market value	In ETFs
001	IDEV	ISHARES CORE DEV	37.39%	1,018,818	$93M	3
002	IEMG	ISHA CORE EM	19.88%	591,576	$50M	13
003	SPEU	STATE STREET SPD	12.47%	563,607	$31M	1
004	VPL	VANGUARD FTSE PA	8.33%	175,916	$21M	5
005	SPEM	SPDR PORTFOLIO E	6.67%	311,306	$17M	6
006	FLKR	FRANKLIN S KOREA	6.54%	262,680	$16M	3
007	FLCH	FNK FTSE CH ETF	5.93%	692,520	$15M	2
008	FLCA	FNK FTSE CN ETF	2.57%	118,682	$6M	2
009	TRIXX	STATE STREET SWEEP	0.23%	583,862	$584K	6
010	RECPAY	Receivables/Payables	<0.01%	703	$703	3

Showing 1–10 of 10 holdings

INTL Performance

INTL$11,706

$11,723

Sep 22, 2025 – Sep 22, 2026

Trailing total return for INTL. Periods over one year show the average yearly return.
Period	INTL
Year to date	+13.9%
1 month	+0.2%
3 months	+1.2%
1 year	+17.1%
3 years	+18.7%per year
5 yearsFund is under 5 years old	—per year
10 yearsFund is under 10 years old	—per year

As of the Sep 22, 2026 close, with distributions reinvested.

Annual total returns for INTL
Year	Return bar	INTL
2026 YTD		+13.9%
2025		+29.5%
2024		+2.0%
2023		+18.2%
2022		−2.7%

History from Dec 2, 2022

INTL in the news

ETF.net Research hasn’t filed on INTL yet — coverage lands here as it’s written.

INTL Dividends

: 3.28%Last 12 months
Payout per share: $1.03Last 12 months

Last payment: $0.32 per share
Paid on: Jun 30, 2026
: Jun 25, 2026
Frequency: Twice a year

Distribution history

2022–2026

Ex-date	Pay date	Amount per share
Jun 25, 2026	Jun 30, 2026	$0.32
Dec 23, 2025	Dec 29, 2025	$0.72
Dec 19, 2024	Dec 24, 2024	$0.53
Jun 20, 2024	Jun 25, 2024	$0.07
Dec 21, 2023	Jan 3, 2024	$0.33
Jun 22, 2023	Jul 5, 2023	$0.30
Dec 22, 2022	Jan 3, 2023	$0.27

INTL Risk

: 12.1%; Annualised · 36 months to Aug 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.
: 1.04; vs 3-month T-bills · to Aug 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.
: −14.5%; 45 months · trough Apr 2025; 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.
: 0.80; 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.

INTL Cost

Expense Ratio: 0.84%

INTL

Why people hold it

Worth knowing

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

Trailing returnsReturns run to the Sep 22, 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.

Annual returnsCalendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Distribution history