(BINV) 2023 Series Trust - Brandes - Overview
Etf: Foreign, Equity, Large-Cap, Active
Dividends
| Dividend Yield | 2.40% |
| Yield on Cost 5y | 3.72% |
| Yield CAGR 5y | 24.72% |
| Payout Consistency | 100.0% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 13.1% |
| Relative Tail Risk | 2.49% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.86 |
| Alpha | 29.65 |
| Character TTM | |
|---|---|
| Beta | 0.638 |
| Beta Downside | 0.637 |
| Drawdowns 3y | |
|---|---|
| Max DD | 14.91% |
| CAGR/Max DD | 1.95 |
Description: BINV 2023 Series Trust - Brandes December 31, 2025
The 2023 ETF Series Trust – Brandes International ETF (BATS: BINV) is an actively managed U.S.–registered ETF that targets large-cap foreign equities, typically those with market capitalizations above $5 billion at purchase. Its stated objective is to deliver foreign large-value exposure by selecting individual stocks rather than tracking a passive index.
Key quantitative points (as of the latest public filings, Q3 2024) include an expense ratio of roughly 0.55 % and assets under management of about $350 million, with the top ten holdings accounting for ~ 30 % of the portfolio and a sector tilt toward financials and consumer staples. Performance is closely linked to global GDP growth, foreign exchange movements (especially USD-JPY and EUR-USD), and the relative valuation spread between large-cap value and growth stocks in developed markets-factors that have historically driven the fund’s excess returns. If you want a deeper dive into how these drivers translate into risk-adjusted performance, a quick look at ValueRay’s analytics can help you validate the thesis.
What is the price of BINV shares?
Over the past week, the price has changed by +3.34%, over one month by +5.99%, over three months by +13.50% and over the past year by +40.13%.
Is BINV a buy, sell or hold?
What are the forecasts/targets for the BINV price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 52.5 | 20.9% |
BINV Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 438.5m USD (438.5m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 438.5m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 438.5m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 8.27% (E(438.5m)/V(438.5m) * Re(8.27%) + (debt-free company))
Discount Rate = 8.27% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)