BIDD vs. MCSE

Last updated Aug 2, 2026

BIDD (iShares International Dividend Active ETF) and MCSE (Franklin Sustainable International Equity ETF) are both Foreign Large Cap Equities funds. Both are actively managed. Over the past year, BIDD returned 23.52% vs 4.30% for MCSE. Their 0.62 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.59% expense ratio.

Performance

BIDD vs. MCSE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares International Dividend Active ETF (BIDD) and Franklin Sustainable International Equity ETF (MCSE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BIDD achieves a 10.61% return, which is significantly higher than MCSE's 1.12% return.

BIDD

• 1D: 0.43%
• 1M: 1.14%
• 6M: 5.38%
• YTD: 10.61%
• 1Y: 23.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.28%

MCSE

• 1D: 0.00%
• 1M: 0.00%
• 6M: 0.00%
• YTD: 1.12%
• 1Y: 4.30%
• 3Y*: -0.12%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 6.07%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BIDD iShares International Dividend Active ETF	$837.27K	$755.63K	$976.21K
MCSE Franklin Sustainable International Equity ETF	$0.00	$0.00	$0.00

BIDD vs. MCSE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BIDD iShares International Dividend Active ETF	10.61%	20.17%	-1.39%
MCSE Franklin Sustainable International Equity ETF	1.12%	7.79%	-0.19%

Correlation

The correlation between BIDD and MCSE is 0.45, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.45
Correlation (All Time) Calculated using the full available price history since Nov 18, 2024	0.62

The correlation between BIDD and MCSE shifts across timeframes, from 0.45 (1 year) to 0.62 (all time), reflecting how their relationship changes across market environments.

BIDD vs. MCSE - Sectors Allocation Comparison

Sectors	BIDD	MCSE
Financial Services	26.1%	2.1%
Technology	24.8%	31.1%
Industrials	16.8%	18.1%
Communication Services	7.2%	4.7%
Consumer Cyclical	6.1%	13.8%
Healthcare	6.0%	20.1%
Basic Materials	5.9%	5.1%
Energy	4.6%	-
Consumer Defensive	2.4%	5.0%
Real Estate	-	-
Utilities	-	-

Return for Risk

BIDD vs. MCSE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BIDD

BIDD Risk / Return Rank: 56
BIDD Sharpe Ratio Rank: 57
BIDD Sortino Ratio Rank: 57
BIDD Omega Ratio Rank: 57
BIDD Calmar Ratio Rank: 52
BIDD Martin Ratio Rank: 57

MCSE

MCSE Risk / Return Rank: 19
MCSE Sharpe Ratio Rank: 20
MCSE Sortino Ratio Rank: 18
MCSE Omega Ratio Rank: 22
MCSE Calmar Ratio Rank: 17
MCSE Martin Ratio Rank: 17

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BIDD vs. MCSE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares International Dividend Active ETF (BIDD) and Franklin Sustainable International Equity ETF (MCSE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BIDD	MCSE	Difference
Sharpe ratio: Return per unit of total volatility	1.37	0.37	+1.00
Sortino ratio: Return per unit of downside risk	1.98	0.58	+1.40
Omega ratio: Gain probability vs. loss probability	1.25	1.10	+0.15
Calmar ratio: Return relative to maximum drawdown	1.89	0.37	+1.52
Martin ratio: Return relative to average drawdown	6.82	0.92	+5.90

BIDD vs. MCSE - Sharpe Ratio Comparison

The current BIDD Sharpe Ratio is 1.37, which is higher than the MCSE Sharpe Ratio of 0.37. The chart below compares the historical Sharpe Ratios of BIDD and MCSE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BIDD vs. MCSE - Drawdown Comparison

The maximum BIDD drawdown since its inception was -15.08%, smaller than the maximum MCSE drawdown of -26.36%. Use the drawdown chart below to compare losses from any high point for BIDD and MCSE.

Drawdown Indicators

	BIDD	MCSE	Difference
Max Drawdown Largest peak-to-trough decline	-15.08%	-26.36%	+11.28%
Max Drawdown (1Y) Largest decline over 1 year	-12.32%	-10.42%	-1.90%
Max Drawdown (3Y) Largest decline over 3 years	—	-26.36%	—
Current Drawdown Current decline from peak	-2.21%	-10.51%	+8.30%
Average Drawdown Average peak-to-trough decline	-2.31%	-8.79%	+6.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.40%	4.36%	-0.96%

Volatility

BIDD vs. MCSE - Volatility Comparison

iShares International Dividend Active ETF (BIDD) has a higher volatility of 5.52% compared to Franklin Sustainable International Equity ETF (MCSE) at 0.00%. This indicates that BIDD's price experiences larger fluctuations and is considered to be riskier than MCSE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BIDD	MCSE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.52%	0.00%	+5.52%
Volatility (6M) Calculated over the trailing 6-month period	15.02%	1.91%	+13.11%
Volatility (1Y) Calculated over the trailing 1-year period	16.96%	10.71%	+6.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.42%	19.08%	-1.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.42%	19.08%	-1.66%

BIDD vs. MCSE - Expense Ratio Comparison

Both BIDD and MCSE have an expense ratio of 0.59%.

Dividends

BIDD vs. MCSE - Dividend Comparison

BIDD's dividend yield for the trailing twelve months is around 7.71%, more than MCSE's 3.74% yield.

Position	TTM	2025	2024	2023	2022
BIDD iShares International Dividend Active ETF	7.71%	2.74%	0.13%	0.00%	0.00%
MCSE Franklin Sustainable International Equity ETF	3.74%	3.78%	0.63%	0.57%	0.48%

Frequently Asked Questions

Can I hold both BIDD and MCSE in my portfolio?

BIDD and MCSE have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BIDD or MCSE?

BIDD has higher volatility (5.52%) compared to MCSE (0.00%). In terms of maximum drawdown, BIDD dropped -15.08% vs MCSE's -26.36%.

Which ETF is better, BIDD or MCSE?

On 1-year performance, BIDD leads with 23.52% vs 4.30% for MCSE. Both ETFs have the same 0.59% expense ratio. On volatility, MCSE has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BIDD or MCSE?

Over the 1-year period, BIDD has performed better with a 23.52% return vs 4.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BIDD or MCSE?

BIDD and MCSE have the same expense ratio: 0.59% per year.

Which ETF pays a higher dividend yield, BIDD or MCSE?

BIDD has the higher dividend yield at 7.71%, compared with 3.74% for MCSE.

What is the main difference between BIDD and MCSE?

They also come from different issuers: iShares and Franklin.

Which has better risk-adjusted returns?

BIDD currently has the higher Sharpe Ratio (1.37 vs 0.37), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.