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Launched

NYLI International Small-Mid Cap Equity ETF

NISMNYSE ArcaC

$25.010.00 (0.00%)

As of Oct 13, 2026, 9:46 AM

C41/ 100

Rank 35 of 57 in International Active Equity

C41/100Rank 35 of 57inInternational Active Equity
Intraday session: flat, 2 prints from 25.01 to 25.01. Range 25.01 to 25.07. Use the arrow keys to read each point.25.0325.0425.0525.0625.0710 AM12 PM2 PM4 PM
Expense ratio
0.70%
Fund size
$25M
1Y total return
—
Yield · Last 12 months
Data unavailable
Holdings
91
Avg volume · 30D
0M sh
NAV per share
$24.95
52W range
low $23.94high $25.67
Launched

The ETF.net NISM Grade

Based on 5 of 6 pillars

C

Score 41 out of 100

Category
International Active Equity⁠
Rank
35 of 57
Six-pillar profile for NISM. Scores out of 100: Cost 38, Risk 64, Mission not scored, Tradability 18, Holdings 64, Durability 23. Strongest: Risk (64). Weakest: Tradability (18). Based on 5 of 6 pillars.

Score 41 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.
    D38 out of 100
    Rank 35 of 57

  • 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.
    B64 out of 100
    Rank 11 of 57

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F18 out of 100
    Rank 53 of 57

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B64 out of 100
    Rank 18 of 53

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F23 out of 100
    Rank 56 of 57

Our read on NISM

ETF.net Research

CActive stock-picking in a corner Wall Street barely covers: New York Life hands the keys to Ausbil's Global SmallCap team in Sydney, which builds a 50 to 100 name portfolio of non-US companies sized from roughly $500 million to $35 billion.

Stated mandate

The Fund seeks long-term capital growth.

Why people hold it

  1. 01Sub-advised by Ausbil, an Australian active-equity specialist in New York Life's boutique network, running a global small-cap strategy that predates this ETF wrapper.nylim.combusinesswire.com
  2. 02Concentrated by design: the mandate targets 50 to 100 non-US names, so each pick carries real weight instead of being diluted across a thousand-stock index.businesswire.com
  3. 03Spans small and mid caps (roughly $500 million to $35 billion), covering the size band pure small-cap funds stop short of and large-cap international funds skip.businesswire.com
  4. 04Fully active, with no index to hug: a macro read, then regional and sector tilts, then company-level research, then risk-aware portfolio construction.businesswire.com

Worth knowing

  1. 01At 0.70% a year, it costs more than the typical fund in its active international peer group (median 0.59%) and well more than systematic peers like AVDE at 0.23% or AVDS at 0.30%.
  2. 02Launched in 2026 with a small asset base and light trading, so spreads can run wider than the category's giants and there is little live record to study.
  3. 03Distributions come once or twice a year at most. The stated goal is long-term capital growth, not an income stream.

NISM Holdings

As of Oct 13, 2026
Asset class
Stocks
Holdings
91
Top-10 weight
23%
Largest holding
4021.T2.9%

Geography

  • Japan33.21%
  • Canada10.20%
  • Australia9.14%
  • United Kingdom6.50%
  • Sweden6.21%
  • Italy5.71%
  • Netherlands4.97%
  • Germany4.55%
  • Other countries (9)19.51%

Developed 100% · Emerging 0% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 7.
#TickerCompanyWeight %SharesMarket valueIn ETFs
0014021.TNissan Chemical Corporation2.90%12,956$742K73
0027832.TBandai Namco Holdings Inc.2.37%16,523$607K115
003INA.AXIngenia Communities Group2.37%182,980$606K40
0046988.TNitto Denko Corp.2.31%25,953$591K117
005SOL.AXWashington H. Soul Pattinson and Company Limited2.25%18,228$576K78
0066856.THoriba, Ltd.2.21%3,403$565K61
0076762.TTDK Corporation2.20%27,388$564K129
008EMP-A.TOEmpire Co Ltd Class A2.14%16,031$549K48
0098697.TJapan Exchange Group, Inc.2.04%36,497$522K110
010TRN.MITerna S.p.A.2.00%49,896$511K104
011CTC-A.TOCanadian Tire Corporation, Limited Class A1.99%3,772$509K56
012GTT.PAGaztransport & Technigaz SA1.98%2,091$506K63
013X.TOTMX Group Ltd.1.97%13,612$506K61
014DPLM.LDiploma PLC1.77%4,346$452K95
0157936.TAsics Corporation1.77%16,031$452K129

Showing 1–15 of 91 holdings

NISM Performance

Launched May 13, 2026

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.Not enough history yet.Not enough history yet.
NISM$10,196
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,332
Jul 10, 2026 to Oct 12, 2026. NISM $10,196. SPY $10,332. Use the arrow keys to read each point.$9,598$10,064$10,529Jul 2026Aug 2026Oct 2026

Jul 10, 2026 – Oct 12, 2026

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.

Trailing total return for NISM. Periods over one year show the average yearly return.
PeriodNISM
Year to dateFund launched this year—
1 month−0.5%
3 months+2.0%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, 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 NISM
YearReturn barNISM
2026 YTD+0.2%

Since listing, May 13, 2026

NISM in the news

Filtered to NISM · International Active Equity

NISM Dividends

Last payment
$0.06 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2026

One bar per payment. 1 payment in 2026 YTD. Jun 18, 2026 $0.06. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Jun 18, 2026Jun 22, 2026$0.06

NISM Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched May 2026; fills in after 12 months
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.
—
Launched May 2026; fills in after 12 months
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.
—
Launched May 2026; fills in after 12 months
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.
0.99
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.

NISM Cost

Expense ratio0.70%
  • The middle half of International Active Equity funds
  • Median 0.59%

33 of the 55 International Active Equity funds charge less.

NISM costs $70.00 a year on $10,000. The median International Active Equity fund costs $59.00.

Other funds in International Active Equity

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