---
ticker: "TXUE"
name: "Thornburg International Equity ETF"
url: "https://etf.net/etf/TXUE"
grade: "C"
score: 42
graded_at: "2026-10-12"
category: "International Active Value"
category_rank: "12 of 18"
methodology: "https://etf.net/methodology"
---

# TXUE: Thornburg International Equity ETF

Grade **C**, Score 42 of 100. Rank 12 of 18 in International Active Value.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 50 | 9 of 18 |
| Mission | 58 | 3 of 3 |
| Risk | 41 | 13 of 17 |
| Tradability | 42 | 9 of 18 |
| Holdings | 18 | 17 of 17 |
| Durability | 59 | 9 of 18 |

## Top holdings

The fund holds 50 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | Cash & Cash Equivalents | Cash & Cash Equivalents | 5.67% |
| 2 | 6889106 | Taiwan Semiconductor Manufacturing Co. Ltd. | 4.44% |
| 3 | 6335171 | Mitsubishi UFJ Financial Group, Inc. | 3.58% |
| 4 | 7309681 | BNP Paribas S.A. | 2.86% |
| 5 | AZN | AstraZeneca plc | 2.84% |
| 6 | BZ57390 | ING Groep N.V. | 2.83% |
| 7 | 5176177 | Orange S.A. | 2.83% |
| 8 | B15C557 | TotalEnergies SE | 2.81% |
| 9 | BNG8PQ9 | NN Group N.V. | 2.71% |
| 10 | 6429104 | Hitachi Ltd. | 2.67% |
| 11 | 5727973 | Siemens AG | 2.66% |
| 12 | 4942904 | E.on SE | 2.56% |
| 13 | 6821506 | Sony Group Corp. | 2.55% |
| 14 | — | Roche Holding AG | 2.48% |
| 15 | FCX | Freeport-McMoRan, Inc. | 2.42% |
| 16 | 7144569 | Enel SpA | 2.26% |
| 17 | 5271782 | Endesa S.A. | 2.23% |
| 18 | CP | Canadian Pacific Kansas City Ltd. | 2.18% |
| 19 | B288C92 | Iberdrola S.A. | 2.18% |
| 20 | CME | CME Group, Inc. | 2.13% |
| 21 | 7108899 | ABB Ltd. | 2.12% |
| 22 | AAGIY | AIA Group Ltd. | 2.04% |
| 23 | GXYYY | Galaxy Entertainment Group Ltd. | 1.94% |
| 24 | 4056719 | Generali | 1.83% |
| 25 | 4846288 | Sap SE | 1.82% |
| 26 | 4834108 | Schneider Electric SE | 1.81% |
| 27 | — | Mitsubishi Electric Corp. | 1.79% |
| 28 | 6490995 | Keyence Corp. | 1.77% |
| 29 | B4T3BW6 | Glencore plc | 1.72% |
| 30 | DHLGY | Dhl AG | 1.68% |

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