---
ticker: "TXUG"
name: "Thornburg International Growth Fund ETF"
url: "https://etf.net/etf/TXUG"
grade: "D"
score: 33
graded_at: "2026-10-12"
category: "International Active Equity"
category_rank: "47 of 57"
methodology: "https://etf.net/methodology"
---

# TXUG: Thornburg International Growth Fund ETF

Grade **D**, Score 33 of 100. Rank 47 of 57 in International Active Equity.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 38 | 35 of 57 |
| Mission | 68 | 2 of 7 |
| Risk | 36 | 45 of 57 |
| Tradability | 31 | 45 of 57 |
| Holdings | 19 | 52 of 53 |
| Durability | 36 | 47 of 57 |

## Top holdings

The fund holds 44 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | B929F46 | ASML Holding N.V. | 8.47% |
| 2 | 6889106 | Taiwan Semiconductor Manufacturing Co. Ltd. | 6.08% |
| 3 | AMD | Advanced Micro Devices, Inc. | 4.97% |
| 4 | 6441506 | Hoya Corp. | 4.50% |
| 5 | B63H849 | Rolls-Royce Holdings plc | 3.72% |
| 6 | AZN | AstraZeneca plc | 2.99% |
| 7 | B1YXBJ7 | Air Liquide S.A. | 2.97% |
| 8 | — | ASM International N.V. | 2.90% |
| 9 | MA | Mastercard, Inc. | 2.88% |
| 10 | ANET | Arista Networks, Inc. | 2.85% |
| 11 | SHOP | Shopify, Inc. | 2.83% |
| 12 | 7333378 | Lonza Group AG | 2.83% |
| 13 | BMTVQK9 | Siemens Energy AG | 2.81% |
| 14 | — | Diploma plc | 2.77% |
| 15 | 4834108 | Schneider Electric SE | 2.64% |
| 16 | RACE | Ferrari N.V. | 2.64% |
| 17 | MELI | MercadoLibre, Inc. | 2.28% |
| 18 | — | BE Semiconductor Industries N.V. | 2.25% |
| 19 | 6743882 | Japan Exchange Group, Inc. | 2.22% |
| 20 | — | Leonardo SpA | 2.20% |
| 21 | MTUAY | MTU Aero Engines AG | 2.19% |
| 22 | SE | Sea Ltd. | 2.11% |
| 23 | 7021963 | Deutsche Boerse AG | 2.04% |
| 24 | 6390921 | Nomura Research Institute Ltd. | 2.00% |
| 25 | — | Samsung Electronics Co. Ltd. | 1.91% |
| 26 | 6763965 | SMC Corp. | 1.57% |
| 27 | — | Money Forward, Inc. | 1.50% |
| 28 | 4942904 | E.on SE | 1.47% |
| 29 | AMZN | Amazon.com, Inc. | 1.45% |
| 30 | CDNS | Cadence Design Systems, Inc. | 1.40% |

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