IVSX ETF — Holdings & Analysis

The Applied Finance IVS International SMID ETF (IVSX) is an actively managed equity fund focusing on small- and mid-cap companies in developed markets outside North America.

Launched on 2026-02-20, IVSX employs proprietary valuation models and the Intrinsic Value Stewardship (IVS) model to identify stocks with strong return potential. With an expense ratio of 0.75% and currently holding $0.00B in assets under management, IVSX aims for growth through fundamental analysis, typically holding at least 150 positions across multiple countries and sectors.

Applied Finance IVS International SMID ETF (IVSX) ETF — Price, Holdings & Analysis

The Applied Finance IVS International SMID ETF (IVSX) is an actively managed equity fund focusing on small- and mid-cap companies in developed markets outside North America. Launched on 2026-02-20, IVSX employs proprietary valuation models and the Intrinsic Value Stewardship (IVS) model to identify stocks with strong return potential. With an expense ratio of 0.75% and currently holding $0.00B in assets under management, IVSX aims for growth through fundamental analysis, typically holding at least 150 positions across multiple countries and sectors.

ETF Overview

IVSX uses proprietary valuation models in researching small- and mid-cap companies in developed markets outside of North America, aiming for growth through fundamental analysis. The funds adviser uses proprietary research, valuation models, and its Intrinsic Value Stewardship (IVS) model to select stocks with strong return potential, considering factors like valuation, growth, profitability, and business strategy. The Fund is actively managed, typically holds at least 150 positions across multiple countries and sectors, but may concentrate more on certain holdings if justified by its research. The adviser sells positions if they no longer offer compelling investment opportunities or become too large relative to the portfolio.

The Applied Finance IVS International SMID ETF (IVSX) seeks to achieve growth by investing in small- and mid-cap companies located in developed markets, excluding North America. This actively managed fund utilizes proprietary research, valuation models, and the Intrinsic Value Stewardship (IVS) model to select stocks. The IVS model considers factors such as valuation, growth, profitability, and business strategy. IVSX typically holds at least 150 positions across various countries and sectors, providing diversification within the international small- and mid-cap space. The fund's adviser may concentrate its investments in certain holdings if justified by its research. Positions are sold if they no longer offer compelling investment opportunities or become too large relative to the portfolio. By focusing on fundamental analysis and active management, IVSX aims to outperform passive benchmarks in the international small- and mid-cap equity market. The fund's investment approach is designed for investors seeking long-term growth potential through a carefully selected portfolio of international stocks.

Risk Metrics

As an actively managed fund investing in international small- and mid-cap equities, IVSX carries several risks. The fund's active management strategy relies heavily on the adviser's proprietary research and valuation models, which may not always be accurate or successful. Investing in small- and mid-cap companies involves higher volatility compared to larger, more established firms. International investments are subject to currency fluctuations and political or economic instability in the countries where the fund invests. With an expense ratio of 0.75%, IVSX has a higher cost than some passively managed ETFs, which can create a drag on performance. The fund's beta is currently 0.00. their may be worth researching risk tolerance and investment horizon before investing in IVSX, as past performance does not guarantee future results.

Expense Ratio

0.75%

Dividend Yield

0.00%

Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
iShares MSCI EAFE ETF (EFA) — 0.32% expense ratio

Risk Metrics

Beta: 0.00

Questions & Answers

What is IVSX and what does it track?

The Applied Finance IVS International SMID ETF (IVSX) is an actively managed fund that invests in small- and mid-cap companies located in developed markets outside of North America.

It does not track a specific index but rather uses a proprietary valuation model and the Intrinsic Value Stewardship (IVS) model to select stocks.

What is the expense ratio for IVSX?

The expense ratio for the Applied Finance IVS International SMID ETF (IVSX) is 0.75%. This means that for every $10,000 invested in the fund, $75 is used to cover the fund's operating expenses.

While a direct category average is unavailable, actively managed international equity ETFs often have higher expense ratios than passively managed index funds.

What are the top holdings in IVSX?

As a newly launched ETF on 2026-02-20, the Applied Finance IVS International SMID ETF (IVSX) has not yet disclosed its top holdings.

Once the fund has been actively investing for a period, its top holdings will be available in its public disclosures.

Is IVSX a good long-term investment?

Whether IVSX is a suitable long-term investment depends on an individual investor's specific financial goals, risk tolerance, and investment horizon. The fund's active management strategy and focus on international small- and mid-cap companies offer the potential for long-term growth.

However, it also carries risks associated with active management, international investing, and smaller company stocks.

How does IVSX compare to similar ETFs?

IVSX differentiates itself through its active management and proprietary valuation models focused on international small- and mid-cap equities. Many similar ETFs in this space are passively managed, tracking broad market indexes.

IVSX's expense ratio of 0.75% may be higher than some passive ETFs but potentially justified by the active management strategy.

Does IVSX pay dividends?

According to the provided data, the Applied Finance IVS International SMID ETF (IVSX) currently has a dividend yield of 0.00%. This indicates that the fund is not currently distributing any dividends to its shareholders.