---
ticker: "IVSX"
name: "Applied Finance IVS International SMID ETF"
url: "https://etf.net/etf/IVSX"
grade: "D"
score: 29
graded_at: "2026-10-12"
category: "International Active Equity"
category_rank: "50 of 57"
methodology: "https://etf.net/methodology"
---

# IVSX: Applied Finance IVS International SMID ETF

Grade **D**, Score 29 of 100. Rank 50 of 57 in International Active Equity.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 33 | 38 of 57 |
| Mission | Not scored | — |
| Risk | 32 | 46 of 57 |
| Tradability | 20 | 52 of 57 |
| Holdings | Not scored | — |
| Durability | 25 | 55 of 57 |

## Top holdings

The fund holds 260 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Euro | 3.72% |
| 2 | — | Leopalace21 Corporation | 1.92% |
| 3 | EDEN | Edenred | 1.91% |
| 4 | — | Relo Group Inc | 1.60% |
| 5 | SQN.SW | Swissquote Group Holding SA | 1.55% |
| 6 | — | Ono Pharma | 1.52% |
| 7 | — | Lottomatica Group Spa | 1.39% |
| 8 | — | Persol Holdings Co Ltd /Jpy/ | 1.09% |
| 9 | — | Cts Eventim AG & Co Kgaa | 1.00% |
| 10 | STJ | St Jamess Place PLC | 1.00% |
| 11 | PRU | Perseus Mining Limited | 1.00% |
| 12 | — | Temenos Group Ag-Reg | 1.00% |
| 13 | — | Ionos SE | 0.97% |
| 14 | — | Lion Finance Group PLC Common Stock Gbp 1 | 0.96% |
| 15 | — | Starts Corp Inc | 0.92% |
| 16 | PLX | Pluxee France SA /Eur/ | 0.92% |
| 17 | — | Tui AG | 0.91% |
| 18 | — | Sweco Ab-B Shs | 0.88% |
| 19 | — | Regis Resources Ltd | 0.87% |
| 20 | — | Norwegian Krone | 0.87% |
| 21 | — | KION Group AG | 0.85% |
| 22 | AUTO | Auto Trader Group PLC | 0.84% |
| 23 | VAU.AX | Vault Minerals Ltd Common Stock | 0.81% |
| 24 | — | Oracle Corp Japan | 0.81% |
| 25 | — | Sumitomo Chemical Co. Ltd. | 0.81% |
| 26 | — | Open House Co Ltd | 0.81% |
| 27 | SGP | Stockland | 0.81% |
| 28 | — | Sekisui Chemical Co Ltd | 0.78% |
| 29 | — | Colruyt SA | 0.77% |
| 30 | — | Cash & Other | 0.76% |

Source: etf.net, https://etf.net/etf/IVSX. Please cite the page URL.