BSMC vs. BINV

Last updated Apr 2, 2026

Compare and contrast key facts about Brandes U.S. Small-Mid Cap Value ETF (BSMC) and Brandes International ETF (BINV).

BSMC and BINV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BSMC is an actively managed fund by Brandes. It was launched on Oct 3, 2023. BINV is an actively managed fund by Brandes. It was launched on Oct 3, 2023.

Performance

BSMC vs. BINV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brandes U.S. Small-Mid Cap Value ETF (BSMC) and Brandes International ETF (BINV). The values are adjusted to include any dividend payments, if applicable.

BSMC vs. BINV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BSMC Brandes U.S. Small-Mid Cap Value ETF	4.87%	15.52%	10.21%	11.69%
BINV Brandes International ETF	3.47%	37.84%	7.71%	12.66%

Returns By Period

In the year-to-date period, BSMC achieves a 4.87% return, which is significantly higher than BINV's 3.47% return.

BSMC

• 1D: 0.45%
• 1M: -5.77%
• YTD: 4.87%
• 6M: 8.71%
• 1Y: 24.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BINV

• 1D: 0.75%
• 1M: -4.67%
• YTD: 3.47%
• 6M: 8.31%
• 1Y: 28.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BSMC vs. BINV - Expense Ratio Comparison

Both BSMC and BINV have an expense ratio of 0.70%.

BSMC

Brandes U.S. Small-Mid Cap Value ETF

BINV

Brandes International ETF

Return for Risk

BSMC vs. BINV — Risk / Return Rank

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

BSMC

BSMC Risk / Return Rank: 68
BSMC Sharpe Ratio Rank: 68
BSMC Sortino Ratio Rank: 71
BSMC Omega Ratio Rank: 65
BSMC Calmar Ratio Rank: 68
BSMC Martin Ratio Rank: 69

BINV

BINV Risk / Return Rank: 83
BINV Sharpe Ratio Rank: 83
BINV Sortino Ratio Rank: 85
BINV Omega Ratio Rank: 83
BINV Calmar Ratio Rank: 82
BINV Martin Ratio Rank: 82

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.

BSMC vs. BINV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brandes U.S. Small-Mid Cap Value ETF (BSMC) and Brandes International ETF (BINV). 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.

	BSMC	BINV	Difference
Sharpe ratio Return per unit of total volatility	1.27	1.67	-0.40
Sortino ratio Return per unit of downside risk	1.89	2.35	-0.46
Omega ratio Gain probability vs. loss probability	1.25	1.34	-0.09
Calmar ratio Return relative to maximum drawdown	1.93	2.50	-0.56
Martin ratio Return relative to average drawdown	7.87	9.74	-1.87
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BSMC vs. BINV - Sharpe Ratio Comparison

The current BSMC Sharpe Ratio is 1.27, which is comparable to the BINV Sharpe Ratio of 1.67. The chart below compares the historical Sharpe Ratios of BSMC and BINV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BSMC	BINV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.27	1.67	-0.40
Sharpe Ratio (All Time) Calculated using the full available price history	1.08	1.69	-0.61

Correlation

The correlation between BSMC and BINV is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

BSMC vs. BINV - Dividend Comparison

BSMC's dividend yield for the trailing twelve months is around 0.99%, less than BINV's 2.12% yield.

	TTM	2025	2024	2023
BSMC Brandes U.S. Small-Mid Cap Value ETF	0.99%	1.17%	1.02%	0.15%
BINV Brandes International ETF	2.12%	2.23%	2.40%	0.28%

Drawdowns

BSMC vs. BINV - Drawdown Comparison

The maximum BSMC drawdown since its inception was -19.15%, which is greater than BINV's maximum drawdown of -14.91%. Use the drawdown chart below to compare losses from any high point for BSMC and BINV.

Drawdown Indicators

	BSMC	BINV	Difference
Max Drawdown Largest peak-to-trough decline	-19.15%	-14.91%	-4.24%
Max Drawdown (1Y) Largest decline over 1 year	-12.60%	-11.50%	-1.10%
Current Drawdown Current decline from peak	-5.77%	-7.08%	+1.31%
Average Drawdown Average peak-to-trough decline	-2.71%	-2.29%	-0.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.10%	2.95%	+0.15%

Volatility

BSMC vs. BINV - Volatility Comparison

The current volatility for Brandes U.S. Small-Mid Cap Value ETF (BSMC) is 5.31%, while Brandes International ETF (BINV) has a volatility of 6.20%. This indicates that BSMC experiences smaller price fluctuations and is considered to be less risky than BINV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BSMC	BINV	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.31%	6.20%	-0.89%
Volatility (6M) Calculated over the trailing 6-month period	10.45%	10.08%	+0.37%
Volatility (1Y) Calculated over the trailing 1-year period	19.31%	17.39%	+1.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.25%	14.68%	+1.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.25%	14.68%	+1.57%