BRSM vs. BREE

Last updated Jul 8, 2026

BRSM (MFS Blended Research Small-Mid Cap ETF) and BREE (MFS Blended Research Emerging Markets Equity ETF) are both exchange-traded funds - BRSM is a Mid Cap Blend Equities fund actively managed by MFS, while BREE is a Emerging Markets Diversified fund actively managed by MFS. Both are actively managed. Their correlation of 0.81 suggests significant overlap in exposure. BRSM charges 0.38%/yr vs 0.44%/yr for BREE.

Performance

BRSM vs. BREE - Performance Comparison

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

Returns By Period

BRSM

• 1D: -0.82%
• 1M: 5.09%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BREE

• 1D: -2.70%
• 1M: 2.70%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BRSM vs. BREE - Yearly Performance Comparison

	2026 (YTD)
BRSM MFS Blended Research Small-Mid Cap ETF	2.65%
BREE MFS Blended Research Emerging Markets Equity ETF	-4.29%

Correlation

The correlation between BRSM and BREE is 0.81, 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 Jun 4, 2026	0.81

Return for Risk

BRSM vs. BREE - Risk-Adjusted Trends Comparison

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

BRSM vs. BREE - Drawdown Comparison

The maximum BRSM drawdown since its inception was -3.25%, smaller than the maximum BREE drawdown of -12.31%. Use the drawdown chart below to compare losses from any high point for BRSM and BREE.

Drawdown Indicators

	BRSM	BREE	Difference
Max Drawdown Largest peak-to-trough decline	-3.25%	-12.31%	+9.06%
Current Drawdown Current decline from peak	-1.52%	-6.66%	+5.14%
Average Drawdown Average peak-to-trough decline	-0.89%	-3.92%	+3.03%

Volatility

Volatility by Period

	BRSM	BREE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	19.99%	33.87%	-13.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.99%	33.87%	-13.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.99%	33.87%	-13.88%

BRSM vs. BREE - Expense Ratio Comparison

BRSM has a 0.38% expense ratio, which is lower than BREE's 0.44% expense ratio.

Dividends

BRSM vs. BREE - Dividend Comparison

Neither BRSM nor BREE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BRSM and BREE in my portfolio?

BRSM and BREE have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BRSM or BREE?

On fees, BRSM is cheaper at 0.38% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BRSM or BREE?

BRSM is cheaper with a 0.38% expense ratio, compared with 0.44% for BREE.

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

BRSM and BREE have nearly identical dividend yields, around 0.00%.

What is the main difference between BRSM and BREE?

BRSM is categorized as Mid Cap Blend Equities, while BREE is Emerging Markets Diversified. Their fees differ too: 0.38% for BRSM and 0.44% for BREE.