BRIE vs. MIVL

Last updated Jul 17, 2026

BRIE (MFS Blended Research International Equity ETF) and MIVL (MFS Active International Value ETF) are both Foreign Large Cap Equities funds from MFS. Both are actively managed. A 0.74 correlation means they provide meaningful diversification when combined. BRIE charges 0.34%/yr vs 0.57%/yr for MIVL.

Performance

BRIE vs. MIVL - 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 International Value ETF (MIVL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BRIE

• 1D: -0.73%
• 1M: -2.43%
• 6M: 7.77%
• YTD: 12.34%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MIVL

• 1D: -0.19%
• 1M: 0.88%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BRIE vs. MIVL - Yearly Performance Comparison

	2026 (YTD)
BRIE MFS Blended Research International Equity ETF	-0.96%
MIVL MFS Active International Value ETF	1.80%

Correlation

The correlation between BRIE and MIVL is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 4, 2026	0.74

Return for Risk

BRIE vs. MIVL - 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 International Value ETF (MIVL). 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.

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

Drawdowns

BRIE vs. MIVL - Drawdown Comparison

The maximum BRIE drawdown since its inception was -11.39%, which is greater than MIVL's maximum drawdown of -2.49%. Use the drawdown chart below to compare losses from any high point for BRIE and MIVL.

Drawdown Indicators

	BRIE	MIVL	Difference
Max Drawdown Largest peak-to-trough decline	-11.39%	-2.49%	-8.90%
Current Drawdown Current decline from peak	-3.09%	-0.19%	-2.90%
Average Drawdown Average peak-to-trough decline	-2.11%	-1.06%	-1.05%

Volatility

Volatility by Period

	BRIE	MIVL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	18.20%	13.86%	+4.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.20%	13.86%	+4.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.20%	13.86%	+4.34%

BRIE vs. MIVL - Expense Ratio Comparison

BRIE has a 0.34% expense ratio, which is lower than MIVL's 0.57% expense ratio.

Dividends

BRIE vs. MIVL - Dividend Comparison

BRIE's dividend yield for the trailing twelve months is around 0.24%, while MIVL has not paid dividends to shareholders.

Position	TTM	2025
BRIE MFS Blended Research International Equity ETF	0.24%	0.27%
MIVL MFS Active International Value ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both BRIE and MIVL in my portfolio?

BRIE and MIVL have a correlation of 0.74, 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 MIVL?

On fees, BRIE is cheaper at 0.34% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BRIE or MIVL?

BRIE is cheaper with a 0.34% expense ratio, compared with 0.57% for MIVL.

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

BRIE has the higher dividend yield at 0.24%, compared with 0.00% for MIVL.

What is the main difference between BRIE and MIVL?

Their fees differ too: 0.34% for BRIE and 0.57% for MIVL.