Main International ETF

INTL

Valor de mercado US$ 237 mi

Main International ETF aims to outperform the MSCI ACWI ex-USA Index via tactical ETF allocation. INTL has underperformed both its benchmark, ACWX, and close competitor CORO, despite a value tilt and attractive yield. Given INTL's high fees, limited liquidity, uncompelling performance, and unclear strategy, investors seeking international exposure may prefer a proven fundamental ETF, for example, DFIV.

SAN FRANCISCO--(BUSINESS WIRE)--Main Management ETF Advisors ETFs BUYW, SECT, TMAT and INTL join LPL Financial's ETF No Transaction Fee (NTF) Sponsorship Program.

International Small Cap stocks currently offer better valuation compared to US Small-Cap stocks, as indicated by ETF comparisons. GWX ranks last in the Foreign Small/Mid Blend category, earning a Strong Sell rating due to poor relative performance.  DFIS, the top-ranked ETF gets a Buy rating. This article reviews both GWX's and DFIS's current holdings, and then explores the reason why their returns vary so much.

International investing may outperform due to US tech overvaluation and attractive overseas valuations; consider the Main International ETF for active overseas allocation. The fund aims to beat the MSCI All Country World ex-USA Index® with a dynamic asset allocation strategy, focusing on undervalued areas. Despite underperformance since inception, the fund's active management could capitalize on inefficiencies in overseas markets, offering potential future outperformance.

The Main International ETF has performed well since inception, outperforming a passive international index ETF in 2023. The fund's investment process and strategy are not well-documented, making it difficult to determine if its outperformance is sustainable. INTL is currently overweight Japan and India, while underweight China and the U.K. These active allocations have added value over the past year.