Skip to content
etf.net

Launched

NYLI International Small-Mid Cap Equity ETF

NISMNYSE ArcaNY Life InvestmentsD

$24.67+0.26 (+1.08%)

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

D39/ 100

Rank 38 of 56 in International Active Equity

D39/100Rank 38 of 56inInternational Active Equity
Intraday session: up, 73 prints from 24.41 to 24.67. Range 24.41 to 24.71. Use the arrow keys to read each point.24.4524.5024.5524.6010 AM12 PM2 PM4 PM
Expense ratio
0.70%
Fund size
$26M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
91
Avg volume · 30D
1.11K sh
52W range
low $23.94high $25.67
Launched

The ETF.net NISM Grade

Based on 5 of 6 pillars

D

Score 39 out of 100

Category
International Active Equity⁠
Rank
38 of 56
Six-pillar profile for NISM. Scores out of 100: Cost 30, Risk 63, Mission not scored, Tradability 27, Holdings 60, Durability 23. Strongest: Risk (63). Weakest: Durability (23). Based on 5 of 6 pillars.

Score 39 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.
    D30 out of 100
    Rank 39 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.
    B63 out of 100
    Rank 19 of 56

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D27 out of 100
    Rank 48 of 56

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B60 out of 100
    Rank 22 of 52

  • 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 55 of 56

Our read on NISM

ETF.net Research

In short

DActive 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

  • Sub-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
  • Concentrated 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
  • Spans 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
  • Fully 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

  • At 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%.
  • Launched 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.
  • Distributions come once or twice a year at most. The stated goal is long-term capital growth, not an income stream.

NISM Holdings

Holdings pillarB60 out of 100Rank 22 of 52 in International Active Equity
Asset class
Stocks
Holdings
91
Top-10 weight
24%
Largest holding
TKA.DE3.0%

Geography

  • Japan32.23%
  • Canada10.68%
  • Italy7.43%
  • Australia6.73%
  • United Kingdom6.50%
  • Germany6.47%
  • Sweden6.41%
  • Netherlands4.13%
  • Other countries (8)19.41%

Developed 100% · Emerging 0% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 7.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1TKA.DEthyssenkrupp AG3.01%56,312$755K55
27832.TBandai Namco Holdings Inc.2.60%16,523$652K118
34021.TNissan Chemical Corporation2.56%12,956$642K78
4SOL.AXWashington H. Soul Pattinson and Company Limited2.34%18,228$587K83
5X.TOTMX Group Ltd.2.34%13,612$586K62
6EMP-A.TOEmpire Co Ltd Class A2.30%16,031$577K49
76988.TNitto Denko Corp.2.23%25,953$559K117
8CTC-A.TOCanadian Tire Corporation, Limited Class A2.16%3,772$542K56
9TRN.MITerna S.p.A.2.13%49,896$535K104
107936.TAsics Corporation1.96%16,031$492K130
118697.TJapan Exchange Group, Inc.1.96%36,497$490K113
12KPN.ASRoyal KPN NV1.92%99,547$482K128
136856.THoriba, Ltd.1.90%3,403$476K65
145020.TENEOS Holdings, Inc.1.88%52,047$471K113
156762.TTDK Corporation1.78%27,388$447K132

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$9,843
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,141
Jul 31, 2026 to Oct 30, 2026. NISM $9,843. SPY $10,141. Use the arrow keys to read each point.$9,800$10,000$10,200$10,400Jul 2026Sep 2026Oct 2026

Jul 31, 2026 – 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 NISM. Periods over one year show the average yearly return.
PeriodNISM
Year to dateFund launched this yearNo data
1 month−2.8%
3 months−1.6%
1 yearFund is under 1 year oldNo data
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 NISM
YearReturn barNISM
2026 YTD−2.2%

Since listing, May 13, 2026

NISM in the news

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

Risk pillarB63 out of 100Rank 19 of 56 in International Active Equity
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.

FMP measures it over up to five years of monthly returns.

NISM Cost

Compare NISM and TACN

Overpaying vs TACN, cheapest in International Active Equity

$13,606

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

  • NISM 0.70%

    $13,606

  • TACN 0.00% Cheapest

    $0

$10,000
30 years

Cost over time

  • NISM 0.70%
  • TACN 0.00%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530NISM $13,606TACN $0

Year by year

YearNISMTACNOverpaying
10$1,250$0$1,250
20$4,760$0$4,760
30$13,606$0$13,606

Other funds in International Active Equity

See others