BINV Brandes International ETF
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Brandes International ETF (BINV) ETF
No description available.
- Exchange
- BATS
- Inception
- 2023-10-03
- Has Options
- No
- Expense ratio
- 0.70% prospectus, filed Oct 27, 2025
- Assets
- $490M SEC filing, Jun 30, 2026
- Trailing yield
- 2.21% paid quarterly
- Average daily volume
- $1.4M 30 sessions
- Holdings
- 67 top 10 are 23.0%
- Listed
- Oct 3, 2023 Cboe BZX
Moves with. US large-cap stocks (46% of its variance, beta 0.86); Developed markets ex-US over US (23% of its variance, beta 0.61); Long Treasuries (4% of its variance, beta 0.13); US dollar (3% of its variance, beta -0.16). These factors explain 72% of its daily moves over the last year.
Stated objective. The Brandes International ETF (the Fund) seeks long term capital appreciation. (from the fund's prospectus)
All 67 holdingsFlow historySimilar fundsOverlap toolAll Developed ex-US ETFs
- Jun 2026
- +$13M latest reported month
- Latest 3 months
- +$17M +3.5% of assets
- Latest 12 months
- +$187M +38.2% of assets
View as a table
| Month | Net flow |
|---|---|
| Jun 2026 | +$13M |
| May 2026 | −$43K |
| Apr 2026 | +$4.4M |
| Mar 2026 | +$13M |
| Feb 2026 | +$24M |
| Jan 2026 | +$14M |
| Dec 2025 | +$42M |
| Nov 2025 | +$41M |
| Oct 2025 | +$3.9M |
| Sep 2025 | +$15M |
| Aug 2025 | +$16M |
| Jul 2025 | +$8K |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 33 months ago
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| IDOGALPS International Sector Dividend Dogs ETF | 14% | 0.50% | $567M | +17.4% | compare |
| IFLOVictoryShares International Free Cash Flow ETF | 14% | 0.56% | $183M | +31.6% | compare |
| PZIVPzena International Value ETF | 13% | 0.70% | $11M | — | compare |
| IDVZPolen International Dividend Income Fund | 12% | 0.75% | $155M | +10.2% | compare |
| OAKIOakmark International Large Cap ETF | 12% | 0.65% | $79M | — | compare |
Ranked by how much of the two portfolios is the same securities.
- Insider buying
- 3% of weight had net insider buying, 90 days; 5% net selling
- Reporting earnings
- 7.2% of weight in 7 days; 11.9% in 14
Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.
| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| Exit | TotalEnergies SE | 1.65% | — | — |
| Exit | STMICROELECTRONICS NV | 1.55% | — | — |
| Decrease | PBR.APETROLEO BRASILEIRO SA | 2.83% | 1.48% | −32.0% |
| New position | ESSITY AB | — | 1.33% | — |
| New position | CNH INDUSTRIAL NV | — | 1.33% | — |
| Exit | SMC Corp. | 1.20% | — | — |
| New position | KRYAYKERRY GROUP PLC | — | 1.14% | — |
| New position | NTESNETEASE INC | — | 0.83% | — |
| Increase | DSM FIRMENICH AG | 1.11% | 1.91% | +29.7% |
| Exit | Samsung Electronics Co Ltd. | 0.78% | — | — |
5 new, 6 exited, 20 increased and 9 decreased between the fund's two latest holdings reports; turnover 13.2%. Full holdings and history
- Authorized participants
- 5 active of 8 with agreements; top 3 did 93%
- Created · redeemed
- $358M · $168M over the fiscal year
- Redemptions in kind
- 99% creations 48% in kind
- Creation unit
- 50,000 shares
- Securities lending
- not authorized
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-09-29 | 2026-09-30 | $0.1769 | CD |
| 2026-06-29 | 2026-06-30 | $0.5533 | CD |
| 2026-03-30 | 2026-03-31 | $0.0043 | CD |
| 2025-12-30 | 2025-12-31 | $0.2532 | CD |
| 2025-09-29 | 2025-09-30 | $0.1272 | CD |
| 2025-06-27 | 2025-06-30 | $0.4950 | CD |
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| — | SANOFI SA | 3.10% | Equity (common) | FR |
| SAP | SAP SE | 2.58% | Equity (common) | DE |
| — | TAKEDA PHARMACEUTICAL COMPANY LTD | 2.35% | Equity (common) | JP |
| BABA | ALIBABA GROUP HOLDING LTD | 2.34% | Equity (common) | KY |
| — | HENKEL AG & CO. KGAA | 2.33% | Equity (common) | DE |
| — | WAL-MART DE MEXICO SAB DE CV (WAL-MART DE MEXICO SA DE CV) | 2.29% | Equity (common) | MX |
| — | COMPAGNIE FINANCIERE RICHEMONT SA | 2.10% | Equity (common) | CH |
| — | HEINEKEN HOLDING NV | 2.06% | Equity (common) | NL |
| RBGPD | RECKITT BENCKISER GROUP PLC | 1.92% | Equity (common) | GB |
| — | DSM FIRMENICH AG | 1.91% | Equity (common) | CH |
| — | ASTELLAS PHARMA INC | 1.90% | Equity (common) | JP |
| PHG | KONINKLIJKE PHILIPS NV | 1.89% | Equity (common) | NL |
| — | FIBRA UNO ADMINISTRACION SA DE CV | 1.86% | Equity (common) | MX |
| — | FRESENIUS MEDICAL CARE AG | 1.86% | Equity (common) | DE |
| BNPZY | BNP PARIBAS SA | 1.84% | Equity (common) | FR |
| — | PERNOD RICARD SA | 1.83% | Equity (common) | FR |
| — | SODEXO SA | 1.81% | Equity (common) | FR |
| PPRUY | KERING SA | 1.79% | Equity (common) | FR |
| DEO | DIAGEO PLC | 1.79% | Equity (common) | GB |
| GSK | GSK PLC | 1.79% | Equity (common) | GB |
| — | CARREFOUR SA | 1.77% | Equity (common) | FR |
| — | WILMAR INTERNATIONAL LTD | 1.74% | Equity (common) | SG |
| — | PUBLICIS GROUPE SA | 1.72% | Equity (common) | FR |
| AMX | AMERICA MOVIL SAB DE CV | 1.70% | Equity (common) | MX |
| — | UBS GROUP AG | 1.67% | Equity (common) | CH |
| — | SWATCH GROUP AG (THE) | 1.66% | Equity (common) | CH |
| — | HONDA MOTOR CO LTD | 1.62% | Equity (common) | JP |
| JSAIY | J SAINSBURY PLC | 1.62% | Equity (common) | GB |
| EMBJ | EMBRAER - EMPRESA BRASILEIRA DE AERONAUTICA SA | 1.62% | Equity (common) | BR |
| CAE | CAE INC | 1.60% | Equity (common) | CA |
| — | INTESA SANPAOLO SPA | 1.56% | Equity (common) | IT |
| — | BRIDGESTONE CORP | 1.52% | Equity (common) | JP |
| SNN | SMITH & NEPHEW PLC | 1.51% | Equity (common) | GB |
| — | CAPGEMINI SE | 1.49% | Equity (common) | FR |
| PBR.A | PETROLEO BRASILEIRO SA | 1.48% | Equity (common) | BR |
| — | SUMITOMO MITSUI TRUST GROUP INC | 1.47% | Equity (common) | JP |
| ABEV | AMBEV SA | 1.46% | Equity (common) | BR |
| MONDY | MONDI PLC | 1.45% | Equity (common) | GB |
| NGG | NATIONAL GRID PLC | 1.38% | Equity (common) | GB |
| — | MAKITA CORP | 1.35% | Equity (common) | JP |
| — | ESSITY AB | 1.33% | Equity (common) | SE |
| — | CNH INDUSTRIAL NV | 1.33% | Equity (common) | NL |
| — | CHINA RESOURCES BEER (HOLDINGS) CO LTD | 1.32% | Equity (common) | HK |
| GRFS | GRIFOLS SA | 1.29% | Equity (common) | ES |
| — | DHL GROUP | 1.29% | Equity (common) | DE |
| VIV | TELEFONICA BRASIL SA | 1.28% | Equity (common) | BR |
| — | KUBOTA CORP | 1.24% | Equity (common) | JP |
| — | ERSTE GROUP BANK AG | 1.19% | Equity (common) | AT |
| OTEX | OPEN TEXT CORP | 1.17% | Equity (common) | CA |
| KRYAY | KERRY GROUP PLC | 1.14% | Equity (common) | IE |
| Month | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|
| Jan | -- | -0.28% | 4.86% | 3.71% | 2.76% |
| Feb | -- | 1.33% | 6.16% | 5.55% | 4.35% |
| Mar | -- | 3.73% | -0.96% | -5.39% | -0.87% |
| Apr | -- | -0.81% | 3.04% | 2.11% | 1.45% |
| May | -- | 5.24% | 3.71% | 1.46% | 3.47% |
| Jun | -- | -5.37% | 1.16% | -1.99% | -2.07% |
| Jul | -- | 4.66% | -0.69% | 7.46% | 3.81% |
| Aug | -- | 5.95% | 4.50% | 0.38% | 3.61% |
| Sep | -- | 3.58% | 3.51% | -4.31% | 0.93% |
| Oct | -0.72% | -4.35% | 0.34% | 4.85%* | 0.03% |
| Nov | 7.81% | -2.31% | 1.96% | -- | 2.49% |
| Dec | 2.96% | -2.20% | 1.54% | -- | 0.77% |
| Total | 10.20% | 8.68% | 33.00% | 13.81% | 16.42% |
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
Momentum Oscillators
Volume & Volatility
Data Summary
LLM Stock Analysis Report: BINV
Executive Summary
Overall assessment: NEUTRAL (confidence level: 6/10)
Key drivers: Recent news headlines, technical indicators
Primary risks:
- Earnings announcement on May 15, 2025
- Regulatory issues or product launch updates may impact stock price
- Volatility levels have been relatively low, but could increase with market movements
Investment thesis: BINV's current price reflects a mix of positive and neutral news headlines. The technical indicators suggest a range-bound market with no clear direction. A potential catalyst for the next move could be the upcoming earnings announcement.
Recent news sentiment impact: Positive sentiment from the first headline, which may support the stock price in the short term.
Technical Analysis
Trend Direction: Range-bound (short-term), Neutral (medium-term), Bearish (long-term)
Support/Resistance Levels:
- Short-term support: $44.36 (SMA 50)
- Intermediate resistance: $45.45 (SMA 20)
- Long-term resistance: $46.45 (upper Bollinger Band)
Momentum Signals:
- RSI interpretation: Neutral (54.37), not overbought or oversold
- MACD signal: Bullish momentum with a crossover above the signal line
- Bollinger Bands position: Squeeze, indicating potential volatility increase
News & Sentiment Analysis
Recent Headlines Summary: Three news headlines with mixed sentiment:
- Positive earnings announcement on May 15, 2025 (sentiment: POSITIVE)
- Neutral financial results and market commentary (sentiment: NEUTRAL)
- General market commentary with no direct impact on BINV's price (sentiment: NEUTRAL)
Sentiment Assessment: Aggregate news sentiment is NEUTRAL, but the positive earnings announcement may have a short-term impact.
Catalyst Identification: Upcoming earnings announcement on May 15, 2025
Market Narrative: The recent news headlines suggest a mix of positive and neutral market commentary. The technical indicators indicate a range-bound market with no clear direction.
Risk & Volatility Assessment
Beta Interpretation: Low risk relative to the market (beta: 0.65)
Volatility Regime: Current volatility is relatively low compared to historical levels
Options Market Signals: No options data available for analysis
Downside Protection: Support level at $44.36 (SMA 50) and potential risk management considerations.
Market Context & Positioning
Sector Performance: BINV's sector has been performing relatively well, but the stock price has not kept pace with the broader market
Institutional Activity: No unusual institutional activity or volume patterns to note
Correlation Analysis: The stock has a moderate correlation with the market (R-squared: 0.61), indicating some synchronicity in price movements.
Relative Valuation: The stock is trading within its historical range, but slightly above the mean.
Key Levels & Action Items
- Critical Price Levels:
- Support: $44.36 (SMA 50)
- Resistance: $45.45 (SMA 20)
- Breakout/Breakdown Levels:
- Upper band: $46.45
- Lower band: $44.94
- Time-Sensitive Catalysts: Earnings announcement on May 15, 2025
- Risk Management: Consider stop-loss levels at $43.36 (lower Bollinger Band) and position sizing considerations.
This comprehensive analysis provides an objective assessment of BINV's current market situation, highlighting both bullish and bearish cases. The technical indicators suggest a range-bound market with no clear direction, while the recent news headlines have mixed sentiment. The risk assessment flags low volatility as a potential concern, and the market context suggests some synchronicity in price movements with the broader market.
BINV Options Activity & IV Rank
Each spread is ranked by a composite score built in three stages. Full documentation →
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Enter a ticker to render the implied volatility surface.
Enter a ticker to render the implied volatility smile.
Risk Metrics
Analysis Details
Data Points: 251
Period: 252 trading days
Low volatility - stock moves less than market
BINV Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
Click any bar to view the full quote for that stock.
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|---|---|---|---|---|---|
| SAP | SAP SE | 2.58% | $239.18 | +2.77% | +6.30% | +14.38% |
| BABA | ALIBABA GROUP HOLDING LTD | 2.34% | $102.88 | -1.47% | -7.42% | -7.01% |
| PHG | KONINKLIJKE PHILIPS NV | 1.89% | $26.53 | +1.14% | +4.08% | +8.07% |
| DEO | DIAGEO PLC | 1.79% | $94.27 | +1.53% | +0.33% | +8.57% |
| GSK | GSK PLC | 1.79% | $50.58 | +1.12% | +3.18% | +1.87% |
| AMX | AMERICA MOVIL SAB DE CV | 1.70% | $24.39 | +0.39% | +8.72% | +10.59% |
| EMBJ | EMBRAER - EMPRESA BRASILEIRA DE AERONAUTICA SA | 1.62% | $70.5 | -3.29% | -2.22% | -7.72% |
| CAE | CAE INC | 1.60% | $24.4 | -0.45% | +2.05% | -0.89% |
| SNN | SMITH & NEPHEW PLC | 1.51% | $29.87 | +2.19% | +2.68% | +11.96% |
| PBR.A | PETROLEO BRASILEIRO SA | 1.48% | $22.82 | -0.63% | +0.91% | +20.14% |
| ABEV | AMBEV SA | 1.46% | $3.31 | +1.22% | +1.53% | +13.75% |
| NGG | NATIONAL GRID PLC | 1.38% | $81.31 | +0.66% | +2.83% | +8.08% |
| GRFS | GRIFOLS SA | 1.29% | $7.4 | -1.33% | -1.86% | +2.78% |
| VIV | TELEFONICA BRASIL SA | 1.28% | $13.05 | +1.04% | +6.48% | +11.68% |
| OTEX | OPEN TEXT CORP | 1.17% | $27.23 | +1.78% | +5.40% | +20.15% |
| NICE | NICE LTD | 1.07% | $116.15 | +1.04% | +1.08% | +2.22% |
| TCOM | TRIP.COM GROUP LTD | 1.05% | $39.69 | +0.95% | -0.61% | -0.89% |
| NVS | NOVARTIS AG | 0.98% | $156.1 | +1.41% | +3.80% | +8.73% |
| TSM | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD | 0.90% | $419.16 | -2.95% | -0.73% | -7.09% |
| SHEL | SHELL PLC | 0.83% | $105.41 | +0.05% | +1.80% | +10.26% |
| NTES | NETEASE INC | 0.83% | $117.94 | -4.10% | -7.21% | +0.33% |
| CX | CEMEX-CEMENTOS MEXICANOS SAB DE CV | 0.74% | $10.27 | -1.20% | +2.04% | +7.94% |