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LOEV vs MTRA

Harding Loevner International Developed Markets Select Equity ETF

LOEVCNYSE Arca

Invesco International Growth Focus ETF

MTRABCboe

Overlap

9.0%by weight

Expense ratio

MTRA −0.16pt a year

LOEV0.70%MTRA0.54%

Avg volume · 30D

LOEV 2.2×the volume

LOEV17.6KMTRA7.93K

LOEV vs MTRA Performance

Jul 31, 2026 – Nov 2, 2026

+2.1%LOEV−4.4%MTRA

Jul 31, 2026 to Nov 2, 2026. LOEV +2.1%. MTRA −4.4%. Use the arrow keys to read each point.−2%0%4%Jul 2026Sep 2026Nov 2026
Expense ratio
LOEV 0.70%
MTRA 0.54%, better
Fund size
LOEV $90M
MTRA $127M
1Y total return
LOEV No data
MTRA −3.6%
Holdings
LOEV 43
MTRA 54
Avg volume (30D)
LOEV 17.6K sh, better
MTRA 7.93K sh
NAV per share
LOEV $16.12
MTRA $25.23
52W range

ETF.net Grade

LOEV: Cost 9, Risk 93, Mission not scored, Tradability 71, Holdings 52, Durability 31. MTRA: Cost 76, Risk 31, Mission not scored, Tradability 52, Holdings 39, Durability 70.
Pillar letters and Scores for LOEV, MTRA, with each pillar’s weight
PillarLOEVMTRA
Cost30% weightF9A76Higher
Mission25% weightNot scoredNot scored
Risk15% weightA93HigherD31
Tradability15% weightA71HigherC52
Holdings10% weightC52HigherD39
Durability5% weightD31A70Higher

Rank among International Active Growth funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. LOEV and MTRA are both graded against the same 14 International Active Growth funds, so their Grades compare head to head.

International Active Growth⁠

Category · 14 funds
See all 14 ›

MTRA ranks 3rd and LOEV 8th of 14 funds in the International Active Growth Category.

  1. Rank 1BCGXUCapital Group International Focus Equity ETFScore 66
  2. Rank 2BFFGXFidelity Fundamental Global ex-U.S. ETFScore 61
  3. Rank 3BJIGJPMorgan International Growth ETFScore 56
  4. Rank 3BMTRAInvesco International Growth Focus ETFScore 56
  5. Rank 5CPJIOPGIM Jennison International Opportunities ETFScore 54
  6. Rank 6CFFDIFidelity Fundamental Developed International ETFScore 53
  7. Rank 8CLOEVHarding Loevner International Developed Markets Select Equity ETFScore 45
  8. Rank 9CBKCIBNY Mellon Concentrated International ETFScore 41

LOEV vs MTRA Holdings

How LOEV and MTRA differ

Overlap by weight

9.0%

Shared holdings make up 12.3% of LOEV and 9.1% of MTRA.

Level by level

  • Holdings5 in both9.0%
  • Countryby domicile58.0%
  • Asset classEquity100%

Sector

No Sector split for LOEV.

Country, concentration and asset class

Country by domicile

Country weights in LOEV and MTRA, widest gap first
CountryMore in LOEVMore in MTRA
JapanLOEV +8.1 points
United StatesMTRA +7.7 points
NetherlandsMTRA +7.5 points
CanadaLOEV +7.2 points
TaiwanMTRA +7.3 points
FranceLOEV +6.2 points
SpainLOEV +5.6 points
SwedenLOEV +5.4 points
Other countries (14)MTRA +10.1 points

Outside the US: LOEV 91% developed, 9% emerging. MTRA 67% developed, 33% emerging.

Concentration

Weight in the 10 largest Holdings

  • LOEV36.0%
  • MTRA41.4%

Securities held

  • LOEV43
  • MTRA50

Asset class

LOEV
Equity
MTRA
Equity

Holdings

  • Only in LOEV38
  • In both5
  • Only in MTRA45

Only in LOEV

38 securities, 87.7% of LOEV by weight

  • Shell PLC Sponsored Adr Repstg Ord Sh5.01%
  • Banco Bilbao Vizcaya Argentaria S A3.78%
  • Manulife Finl Corp Com3.69%

Only in MTRA

45 securities, 90.8% of MTRA by weight

  • Taiwan Semiconductor Manufacturing Co Ltd10.74%
  • ASML Holding NV7.14%
  • Siemens AG3.36%

Weight gaps

All 5 Holdings in both funds, largest gap first.

Holding weights in LOEV and MTRA, widest gap first
HoldingMore in LOEVMore in MTRA
Bae Systems Ord GBP0.025BA.LLOEV +1.12 points
Hitachi NpvLOEV +0.96 points
Keyence Corp NpvLOEV +0.70 points
Sea Ltd AdrSELOEV +0.49 points
Schneider Electric SE EUR4.00MTRA +0.02 points

All LOEV holdings⁠All 50 MTRA 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.

LOEV vs MTRA Cost

Overpaying LOEV vs MTRA

$2,886

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

  • LOEV 0.70%

    $13,606

  • MTRA 0.54%

    $10,720

$10,000
30 years

Cost over time

  • LOEV 0.70%
  • MTRA 0.54%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530LOEV $13,606MTRA $10,720

Year by year

YearLOEVMTRAOverpaying
10$1,250$971$279
20$4,760$3,724$1,036
30$13,606$10,720$2,886

Expense ratio

  • 0.70%LOEV
  • 0.54%MTRA, cheaper
  • Middle half of International Active Growth funds
  • Median 0.55%

MTRA 3rd cheapest of 14 funds

LOEV 13th cheapest of 14 funds

LOEV vs MTRA Dividends

Last 12 months to Nov 2, 2026
Payout (12M)
LOEV None
MTRA No data
Last payment
LOEV No data
MTRA $0.18
Ex-dividend
LOEV No data
MTRA Dec 22, 2025
Paid on
LOEV No data
MTRA Dec 26, 2025
Frequency
LOEV No data
MTRA Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

LOEVAll LOEV payments⁠

No distribution history available.

MTRAIrregular · 1 paymentAll MTRA payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 22, 2025 $0.18. Use the arrow keys to read each point.$0$0.202026YTD

LOEV vs MTRA Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
LOEV No dataMTRA 13.3%since Jul 2025
Return per unit of riskSharpe ratio, 3 years
LOEV No dataMTRA −0.23since Jul 2025
Worst fallMax drawdown, 5 years
LOEV No dataMTRA −15.8%since Jun 2025
Market sensitivityBeta, 5 years
LOEV 0.92MTRA 0.88

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