BRIE vs TACN: Grades, Fees and Holdings Compared

MFS Blended Research International Equity ETF

BRIEBNYSE

T. Rowe Price Active Core International Equity ETF

TACNANYSE Arca

Overlap

18.2%by weight

Expense ratio

TACN −0.34pt a year

BRIE0.34%TACN0.00%

Avg volume · 30D

BRIE 78.8×the volume

BRIE204KTACN2.59K

BRIE vs TACN Performance

Dec 31, 2025 – Nov 2, 2026

+11.3%BRIE+11.4%TACN

Expense ratio: BRIE 0.34%; TACN 0.00%, better
Fund size: BRIE $698M; TACN $24M
1Y total return: BRIE +17.5%; TACN No data
Holdings: BRIE 164; TACN 509
Avg volume (30D): BRIE 204K sh, better; TACN 2.59K sh
NAV per share: BRIE $29.56; TACN $28.20
52W range

ETF.net Grade

Pillar letters and Scores for BRIE, TACN, with each pillar’s weight
Pillar	BRIE	TACN
Cost30% weight	A84	A100Higher
Mission25% weight	Not scored	Not scored
Risk15% weight	C51	A70Higher
Tradability15% weight	C53Higher	C46
Holdings10% weight	B63	A82Higher
Durability5% weight	C49Higher	D30

Rank among International Active Equity funds

How we build Categories ›

Same Category. BRIE and TACN are both graded against the same 55 International Active Equity funds, so their Grades compare head to head.

International Active Equity⁠

Category · 55 funds

See all 55 ›

TACN ranks 5th and BRIE 15th of 55 funds in the International Active Equity Category.

Rank 5AENHIiShares Enhanced International Active ETFScore 76
Rank 5ATACNT. Rowe Price Active Core International Equity ETFScore 76
Rank 7AAVNMAvantis All International Markets Equity ETFScore 72
Rank 13BILOWAB International Low Volatility Equity ETFScore 66
Rank 15BBRIEMFS Blended Research International Equity ETFScore 65
Rank 16BPIEQPrincipal International Equity ETFScore 64

Our read on each fund

ETF.net Research

BRIEBMFS Blended Research International Equity ETF

TACNAT. Rowe Price Active Core International Equity ETF

In short

BRIE No data

TACN T. Rowe Price's index-aware take on developed international stocks: it shadows the MSCI EAFE benchmark while nudging weights, and the fee is waived to 0.00% through January 30, 2027 (0.20% gross).

Stated mandate

BRIE No data

TACN The fund's goal is to achieve long-term capital growth.

Why people hold it

BRIE No data

TACN Fee waived to zero through January 30, 2027, then the 0.20% gross rate applies. Top-scoring active international peers AVDE (0.23%) and DFIC (0.22%) charge more, with no waiver.troweprice.com
Built around the MSCI EAFE Index: an optimizer modestly over- and underweights names, targeting tracking error above most passive funds and below most active ones.sec.gov troweprice.com
Names come from T. Rowe's quant models plus bottom-up fundamental research (valuation, profitability, financial stability, earnings quality), with at least 80% of net assets normally in equities.sec.gov troweprice.com
Despite being new, it already stands among the strongest-rated funds in a crowded active international equity group, with long-term capital growth as the stated goal.

Worth knowing

BRIE No data

TACN Launched December 10, 2025, so the track record is short and assets are still small. Trading is thin, which can mean wider spreads than at big index rivals.
The zero fee is contractual, not permanent: it runs through January 30, 2027, after which the 0.20% gross expense ratio kicks in.troweprice.com
Low tracking error is the design, not a bug. The active tilt is deliberately modest, so the portfolio is built to hug EAFE rather than stray from it.sec.gov

Full BRIE profile⁠

Full TACN profile⁠

BRIE vs TACN Holdings

How BRIE and TACN differ

Overlap by weight

18.2%

Shared holdings make up 39.5% of BRIE and 22.8% of TACN.

Level by level

Holdings55 in both18.2%
Countryby domicile57.1%
Asset classEquity100%

Sector

No Sector split for TACN.

Country, concentration and asset class

Country by domicile

Country weights in BRIE and TACN, widest gap first
Country	More in BRIEMore in TACN	BRIE	TACN
Japan	TACN +10.4 points	14.1%	24.5%
Canada	BRIE +9.9 points	9.9%	0.0%
Taiwan	BRIE +8.5 points	8.5%	0.0%
South Korea	BRIE +8.1 points	8.1%	0.0%
China	BRIE +6.5 points	6.7%	0.2%
United Kingdom	TACN +5.4 points	9.2%	14.6%
Germany	TACN +4.6 points	3.6%	8.2%
Australia	TACN +4.2 points	2.7%	6.9%
Other countries (27)	TACN +8.4 points	37.2%	45.6%

Outside the US: BRIE 68% developed, 32% emerging. TACN 99% developed, 1% emerging.

Concentration

Weight in the 10 largest Holdings

BRIE22.0%
TACN14.6%

Securities held

BRIE163
TACN499

Asset class

BRIE: Equity
TACN: Equity

Holdings

Only in BRIE108
In both55
Only in TACN444

Only in BRIE

108 securities, 59.5% of BRIE by weight

Taiwan Semiconductor Sp Adr5.23%
Samsung Electronics Pref2.50%
Sk Hynix Inc1.84%
Toronto Dominion Bank1.73%
Bnp Paribas1.44%
Banco Bilbao Vizcaya Argenta1.36%
Petrochinaco Ltd H1.17%
Dollaramainc1.13%
Aib Groupplc1.09%
China Construction Bank H1.09%
Hon Hai Precision Industry1.05%
Tencent Holdings Ltd Uns Adr0.97%
Netease Inc Adr0.96%
Cenovus Energy Inc0.89%
Iss A/S0.88%
Aritzia Inc Subordinate Voti0.87%
Oceanagoldcorp0.85%
Manulife Financial Corp0.85%
Kinross Gold Corp0.83%
Totalenergies SE0.80%
Ambev SA Adr0.73%
Japan Airlines Co Ltd0.71%
Sk Squareco Ltd0.65%
Axia Energia SA0.64%
Oversea Chinese Banking Corp0.64%
Tata Consultancy Svcs Ltd0.64%
Dai Nipponprinting Co Ltd0.64%
Aalberts NV0.62%
Techtronicindustries Co Ltd0.59%
SCOUT24 SE0.58%
Grupo Financiero Banorte O0.57%
Smith & Nephew PLC0.57%
Infosys Ltd Sp Adr0.57%
China Merchants Bank H0.56%
Shinhan Financial Group Adr0.56%
Mol Hungarian Oil and Gas Pl0.56%
Ericsson Lm B Shs0.54%
Mediatek Inc0.54%
Kb Financial Group Inc Adr0.54%
Clp Holdings Ltd0.53%
Pernod Ricard SA0.52%
Michelin (Cgde)0.49%
Credicorpltd0.48%
Jeronimo Martins0.46%
Yangzijiang Shipbuilding0.46%
Brookfieldcorp0.46%
Anhui Conch Cement Co Ltd H0.45%
Raiffeisenbank Internationa0.44%
Jgc Holdings Corp0.43%
Apa Group0.43%

Only in TACN

444 securities, 76.9% of TACN by weight

Mitsubishi Ufj Financial Gro Common Stock1.42%
Shell PLC Common Stock EUR.071.31%
Hsbc Holdings PLC Common Stock USD.51.26%
Astrazeneca PLC Common Stock USD.251.16%
Totalenergies SE Common Stock EUR2.51.08%
Allianz SE Reg Common Stock1.06%
Nestle SA Reg Common Stock CHF.11.05%
Sumitomo Mitsui Financial Gr Common Stock1.04%
Sap SE Common Stock0.97%
Siemens AG Reg Common Stock0.96%
Banco Bilbao Vizcaya Argenta Common Stock EUR.490.91%
Novo Nordisk A/S B Common Stock DKK.10.91%
Unilever PLC Common Stock GBP.000311110.88%
Bhp Group Ltd Common Stock0.85%
Anz Group Holdings Ltd Common Stock0.84%
Unicredit Spa Common Stock0.84%
Rolls Royce Holdings PLC Common Stock GBP.20.81%
Airbus SE Common Stock EUR1.00.74%
Dbs Group Holdings Ltd Common Stock0.74%
Commonwealth Bank of Austral Common Stock0.72%
Enel Spa Common Stock EUR1.00.71%
Toyota Motor Corp Common Stock0.71%
Deutsche Telekom AG Reg Common Stock0.69%
Takeda Pharmaceutical Co Ltd Common Stock0.66%
Hitachi Ltd Common Stock0.64%
Bnp Paribas Common Stock EUR2.00.64%
Safran SA Common Stock EUR.20.62%
Banco Santander SA Common Stock EUR.50.60%
Equinor Asa Common Stock NOK2.50.59%
Iberdrola SA Common Stock EUR.750.58%
Air Liquide SA Common Stock EUR5.50.56%
Abb Ltd Reg Common Stock CHF.120.54%
Bae Systems PLC Common Stock GBP.0250.53%
Asahi Group Holdings Ltd Common Stock0.52%
Sonova Holding AG Reg Common Stock CHF.050.52%
Relx PLC Common Stock GBP.001443970.51%
Ms+ad Insurance Group Holdin Common Stock0.51%
Suncorp Group Ltd Common Stock0.50%
Komatsu Ltd Common Stock0.50%
Intercontinental Hotels Grou Common Stock GBP.20852130.49%
Hannover Rueck SE Common Stock0.49%
Eurofins Scientific Common Stock EUR.10.47%
Lvmh Moet Hennessy Louis Vui Common Stock EUR.30.45%
Dhl AG Common Stock0.45%
Infineon Technologies AG Common Stock0.44%
3I Group PLC Common Stock GBP.7386360.44%
Amadeus It Group SA Common Stock EUR.010.44%
Murata Manufacturing Co Ltd Common Stock0.44%
Cie Financiere Richemo A Reg Common Stock CHF1.00.43%
L Oreal Common Stock EUR.20.42%

Weight gaps

All 55 Holdings in both funds, largest gap first.

Holding weights in BRIE and TACN, widest gap first
Holding	More in BRIEMore in TACN	BRIE	TACN
Roche Holding AG	TACN +1.31 points	0.26%	1.57%
Sompo Holdings Inc	BRIE +1.25 points	1.32%	0.07%
Rio TintoplcRIO.L	BRIE +1.22 points	1.56%	0.34%
Natwest Group PLCNWG.L	BRIE +1.17 points	1.31%	0.14%
Gea Groupag	BRIE +1.09 points	1.13%	0.04%
British American Tobacco PLCBATS.L	BRIE +1.00 points	1.60%	0.60%
Suzuki Motor Corp	BRIE +0.98 points	1.04%	0.06%
Ing Groepnv	BRIE +0.92 points	1.55%	0.63%
Aristocratleisure Ltd	BRIE +0.84 points	0.92%	0.08%
Itochu Corp	BRIE +0.81 points	1.01%	0.20%
Toyota Tsusho Corp	BRIE +0.79 points	0.84%	0.05%
Fisher & Paykel Healthcare C	BRIE +0.70 points	0.76%	0.06%
Eni Spa	BRIE +0.68 points	0.82%	0.14%
Aia Groupltd	BRIE +0.67 points	1.14%	0.47%
Novartis AG Reg	BRIE +0.67 points	1.98%	1.31%
Tesco PLCTSCO.L	BRIE +0.67 points	1.14%	0.47%
Ubs Groupag Reg	BRIE +0.63 points	1.46%	0.83%
Scentre Group	BRIE +0.62 points	0.88%	0.26%
Sanofi	BRIE +0.59 points	0.98%	0.39%
Koninklijke Philips NV	BRIE +0.59 points	0.66%	0.07%
Asml Holding NV	TACN +0.57 points	2.59%	3.16%
Barclays PLCBARC.L	BRIE +0.50 points	1.03%	0.53%
Sony Groupcorp	TACN +0.48 points	0.64%	1.12%
Recruit Holdings Co Ltd	TACN +0.47 points	0.75%	1.22%
Siemens Energy AG	TACN +0.46 points	0.19%	0.65%
Zurich Insurance Group AG	BRIE +0.43 points	0.80%	0.37%
Gsk PLCGSK.L	BRIE +0.40 points	0.75%	0.35%
E.on SE	BRIE +0.37 points	0.48%	0.11%
Mtu Aero Engines AG	BRIE +0.37 points	0.44%	0.07%
Japan Postbank Co Ltd	BRIE +0.36 points	0.45%	0.09%
Bper Bancaspa	BRIE +0.35 points	0.42%	0.07%
Sumitomo Corp	TACN +0.34 points	0.29%	0.63%
Mizuho Financial Group Inc	BRIE +0.34 points	0.68%	0.34%
Mitsubishielectric Corp	BRIE +0.32 points	0.54%	0.22%
Check Point Software TechCHKP	BRIE +0.28 points	0.32%	0.04%
Deutsche Boerse AG	BRIE +0.26 points	0.42%	0.16%
Ly Corp	BRIE +0.22 points	0.25%	0.03%
Schneiderelectric SE	TACN +0.23 points	0.35%	0.58%
Daimler Truck Holding AG	BRIE +0.20 points	0.25%	0.05%
Tenaris SA	BRIE +0.18 points	0.21%	0.03%
Compagniede Saint Gobain	BRIE +0.17 points	0.25%	0.08%
Kioxia Holdings Corp	TACN +0.17 points	0.22%	0.39%
Advantestcorp	TACN +0.16 points	0.65%	0.81%
Tokyo Electron Ltd	TACN +0.15 points	0.41%	0.56%
Engie	BRIE +0.15 points	0.26%	0.11%
Astellas Pharma Inc	BRIE +0.13 points	0.20%	0.07%
Kddi Corp	BRIE +0.13 points	0.75%	0.62%
Glencore PLCGLEN.L	BRIE +0.11 points	0.55%	0.44%
Pls Groupltd	BRIE +0.10 points	0.11%	0.01%
Spotify Technology SASPOT	TACN +0.06 points	0.25%	0.31%
Renesas Electronics Corp	TACN +0.06 points	0.42%	0.48%
Imperial Brands PLCIMB.L	TACN +0.05 points	0.36%	0.41%
Legrand SA	BRIE +0.04 points	0.12%	0.08%
Vinci SA	TACN +0.03 points	0.55%	0.58%
Bayer AG Reg	TACN +0.03 points	0.21%	0.24%

All BRIE holdings⁠All TACN holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BRIE vs TACN Cost

Overpaying BRIE vs TACN

$6,932

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

BRIE 0.34%
$6,932
TACN 0.00%
$0

Amount$10,000

Years30 years

Cost over time

BRIE 0.34%
TACN 0.00%
Overpaying

Year by year

Year	BRIE	TACN	Overpaying
10	$616	$0	$616
20	$2,386	$0	$2,386
30	$6,932	$0	$6,932

Expense ratio

0.34%BRIE
0.00%TACN, cheaper

TACN0.00%BRIE0.34%

0.00%1.49%

Middle half of International Active Equity funds
Median 0.55%

TACN cheapest of 55 funds

BRIE 10th cheapest of 55 funds

BRIE vs TACN Dividends

Last 12 months to Nov 2, 2026

Payout (12M): BRIE No data; TACN None
Last payment: BRIE $0.04; TACN No data
Ex-dividend: BRIE Jul 31, 2026; TACN No data
Paid on: BRIE Aug 3, 2026; TACN No data
Frequency: BRIE Twice a year; TACN No data

Distribution history

Per share, 2025 to 2026, same scale for both

BRIETwice a year · 2 paymentsAll BRIE payments⁠

TACNAll TACN payments⁠

No distribution history available.

BRIE vs TACN Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: BRIE 14.4%since Nov 2025TACN No data
Return per unit of riskSharpe ratio, 3 years: BRIE 0.93since Nov 2025TACN No data
Worst fallMax drawdown, 5 years: BRIE −11.4%since Oct 2025TACN No data
Market sensitivityBeta, 5 years: BRIE 0.75TACN 0.65; Market = 1

BRIE and TACN in the news

All news⁠

First-Year Review
MFS Blended Research International Equity ETF turns one ahead of its index
Oct 22, 2026BRIE
ETF Filings
Franklin Templeton files two enhanced ETFs to absorb its international core funds
Sep 18, 2026TACN

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BRIE vs TACN

In short

Stated mandate

Why people hold it

Worth knowing

How BRIE and TACN differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in BRIE

Only in TACN

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

MFS Blended Research International Equity ETF turns one ahead of its index

Franklin Templeton files two enhanced ETFs to absorb its international core funds

How BRIE and TACN differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in BRIE

Only in TACN

Weight gaps