BRIE vs. MFSM

Last updated Jun 3, 2026

BRIE (MFS Blended Research International Equity ETF) and MFSM (MFS Active Intermediate Muni Bond ETF) are both exchange-traded funds - BRIE is a Foreign Large Cap Equities fund actively managed by MFS, while MFSM is a Municipal Bonds fund actively managed by MFS. Both are actively managed. At a 0.39 correlation, their price movements are largely independent. Both charge a 0.34% expense ratio.

Performance

BRIE vs. MFSM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS Blended Research International Equity ETF (BRIE) and MFS Active Intermediate Muni Bond ETF (MFSM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BRIE achieves a 14.80% return, which is significantly higher than MFSM's 1.76% return.

BRIE

• 1D: 0.86%
• 1M: 5.48%
• YTD: 14.80%
• 6M: 17.61%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MFSM

• 1D: 0.11%
• 1M: 0.64%
• YTD: 1.76%
• 6M: 2.32%
• 1Y: 7.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BRIE vs. MFSM - Yearly Performance Comparison

	2026 (YTD)	2025
BRIE MFS Blended Research International Equity ETF	14.80%	6.63%
MFSM MFS Active Intermediate Muni Bond ETF	1.76%	0.54%

Correlation

The correlation between BRIE and MFSM is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 23, 2025	0.39

Return for Risk

BRIE vs. MFSM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MFSM

MFSM Risk / Return Rank: 76
MFSM Sharpe Ratio Rank: 85
MFSM Sortino Ratio Rank: 90
MFSM Omega Ratio Rank: 91
MFSM Calmar Ratio Rank: 55
MFSM Martin Ratio Rank: 58

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BRIE vs. MFSM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Blended Research International Equity ETF (BRIE) and MFS Active Intermediate Muni Bond ETF (MFSM). 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

	BRIE	MFSM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.84	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.28	1.12	+1.17

Drawdowns

BRIE vs. MFSM - Drawdown Comparison

The maximum BRIE drawdown since its inception was -11.39%, which is greater than MFSM's maximum drawdown of -3.86%. Use the drawdown chart below to compare losses from any high point for BRIE and MFSM.

Drawdown Indicators

	BRIE	MFSM	Difference
Max Drawdown Largest peak-to-trough decline	-11.39%	-3.86%	-7.53%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.65%	—
Current Drawdown Current decline from peak	0.00%	-0.49%	+0.49%
Average Drawdown Average peak-to-trough decline	-2.15%	-0.88%	-1.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.71%	—

Volatility

Volatility by Period

	BRIE	MFSM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.93%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.97%	—
Volatility (1Y) Calculated over the trailing 1-year period	17.50%	2.67%	+14.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.50%	3.45%	+14.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.50%	3.45%	+14.05%

BRIE vs. MFSM - Expense Ratio Comparison

Both BRIE and MFSM have an expense ratio of 0.34%.

Dividends

BRIE vs. MFSM - Dividend Comparison

BRIE's dividend yield for the trailing twelve months is around 0.24%, less than MFSM's 3.55% yield.

Position	TTM	2025	2024
BRIE MFS Blended Research International Equity ETF	0.24%	0.27%	0.00%
MFSM MFS Active Intermediate Muni Bond ETF	3.55%	3.53%	0.23%

Frequently Asked Questions

Can I hold both BRIE and MFSM in my portfolio?

BRIE and MFSM have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BRIE or MFSM?

Both ETFs have the same 0.34% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BRIE or MFSM?

BRIE and MFSM have the same expense ratio: 0.34% per year.

Which ETF pays a higher dividend yield, BRIE or MFSM?

MFSM has the higher dividend yield at 3.55%, compared with 0.24% for BRIE.

What is the main difference between BRIE and MFSM?

BRIE is categorized as Foreign Large Cap Equities, while MFSM is Municipal Bonds.