BREE vs. BRCE

Last updated Jun 4, 2026

BREE (MFS Blended Research Emerging Markets Equity ETF) and BRCE (MFS Blended Research Core Equity ETF) are both exchange-traded funds - BREE is a Emerging Markets Diversified fund actively managed by MFS, while BRCE is a Large Cap Blend Equities fund actively managed by MFS. Both are actively managed. Their correlation of 0.83 suggests significant overlap in exposure. BREE charges 0.44%/yr vs 0.24%/yr for BRCE.

Performance

BREE vs. BRCE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS Blended Research Emerging Markets Equity ETF (BREE) and MFS Blended Research Core Equity ETF (BRCE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BREE

• 1D: -1.25%
• 1M: 10.36%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BRCE

• 1D: -0.85%
• 1M: 4.81%
• YTD: 11.86%
• 6M: 12.84%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BREE vs. BRCE - Yearly Performance Comparison

	2026 (YTD)
BREE MFS Blended Research Emerging Markets Equity ETF	20.50%
BRCE MFS Blended Research Core Equity ETF	10.21%

Correlation

The correlation between BREE and BRCE is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 6, 2026	0.83

Return for Risk

BREE vs. BRCE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Blended Research Emerging Markets Equity ETF (BREE) and MFS Blended Research Core Equity ETF (BRCE). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BREE	BRCE	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	4.18	1.82	+2.37

Drawdowns

BREE vs. BRCE - Drawdown Comparison

The maximum BREE drawdown since its inception was -7.70%, smaller than the maximum BRCE drawdown of -8.77%. Use the drawdown chart below to compare losses from any high point for BREE and BRCE.

Drawdown Indicators

	BREE	BRCE	Difference
Max Drawdown Largest peak-to-trough decline	-7.70%	-8.77%	+1.07%
Current Drawdown Current decline from peak	-1.25%	-0.85%	-0.40%
Average Drawdown Average peak-to-trough decline	-1.77%	-1.55%	-0.22%

Volatility

Volatility by Period

	BREE	BRCE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	27.33%	14.15%	+13.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.33%	14.15%	+13.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.33%	14.15%	+13.18%

BREE vs. BRCE - Expense Ratio Comparison

BREE has a 0.44% expense ratio, which is higher than BRCE's 0.24% expense ratio.

Dividends

BREE vs. BRCE - Dividend Comparison

BREE has not paid dividends to shareholders, while BRCE's dividend yield for the trailing twelve months is around 0.34%.

Position	TTM	2025
BRCE MFS Blended Research Core Equity ETF	0.34%	0.19%
BREE MFS Blended Research Emerging Markets Equity ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both BREE and BRCE in my portfolio?

BREE and BRCE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BREE or BRCE?

On fees, BRCE is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BREE or BRCE?

BRCE is cheaper with a 0.24% expense ratio, compared with 0.44% for BREE.

Which ETF pays a higher dividend yield, BREE or BRCE?

BRCE has the higher dividend yield at 0.34%, compared with 0.00% for BREE.

What is the main difference between BREE and BRCE?

BREE is categorized as Emerging Markets Diversified, while BRCE is Large Cap Blend Equities. Their fees differ too: 0.44% for BREE and 0.24% for BRCE.