Summary
Applied Finance IVS International SMID ETF is an ETF - a fund traded on an exchange like a stock - run by Applied Finance. Positions inside: 260. The ten largest make up 14% of the fund.
- Yearly costs
- 0.75%
- Fund size
- $4.86M
- Positions
- 260
- Running since
- 2026
What speaks for it
- Widely spread: the ten largest positions make up only 14% of the fund.
What to watch
- Costs of 0.75% a year are above the middle of comparable funds (0.44%).
- A young fund: it has been running only since 2026.
- A small fund with $4.86M under management; small funds get closed more often.
- It trades little: only about $14.2K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +0.1%
- 3 months
- +6.1%
- Avg. market cap
- $10.6B
- P/E
- 13.9x
- Forward P/E
- 11.8x
- P/S
- 0.9x
- P/B
- 2.0x
- P/FCF
- 8.6x
- EV/EBITDA
- 9.9x
- Dividend yield
- 3.99%
- ROIC
- 1.3%
- ROE
- -4.4%
- Gross margin
- 41.0%
- Operating margin
- 4.5%
- Net margin
- -0.8%
- Payout ratio
- 55.6%
- Net debt/EBITDA
- 6.2x
- Beta
- 0.76
Weighted average of the 28 largest companies, which make up 11% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Widely spread- 1 EDiShares MSCI Denmark ETF EDEN 2.0%
- 2 Leopalace21 Corporation 1.9%
- 3 RELO GROUP INC 1.6%
- 4 ONO PHARMA 1.6%
- 5 SQSwissquote Group Holding Ltd SQN.SW 1.6%
- 6 LOTTOMATICA GROUP SPA 1.4%
- 7 PERSOL HOLDINGS CO LTD /JPY/ 1.1%
- 8 TEMENOS GROUP AG-REG 1.1%
- 9 CTS EVENTIM AG & CO KGAA 1.1%
- 10 ST JAMESS PLACE PLC 1.0%
Positions in the fund: 260. The ten largest make up 14% of it.
Composition as of Oct 18, 2026.
Where is it spread?
Spread outBy country
- United States 16%
- Switzerland 1.6%
- United Kingdom 1.3%
- Israel 0.8%
- Other countries 81%
Largest country: United States (16%).
What does it cost me?
Expensive- A year from $10,000
- $75.00
- Over 20 years
- $3,544
From every $10,000 invested the fund takes $75.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,544.
How has it done?
- Deepest drop
- -12%
It has traded for less than a year, too short to judge.
Does it pay dividends?
We have no record of payments from this fund.
Is it easy to buy and sell?
It trades little- Traded a day
- $14.2K
- Shares a day
- 549
On an average day about $14.2K of the fund changes hands.
How expensive are the companies inside?
Rather cheap- P/E of the companies inside
- 13.9
- Average Bulios Score
- 58 out of 100
Weight by Bulios Fair Price
- Undervalued 36%
- Fairly valued 5.5%
- Overvalued 58%
On average the companies inside trade for 13.9 times their yearly profit. By Fair Price, 58% of the rated weight comes out as overvalued.
Counted from its largest companies (28), which make up 11% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.