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INTLMain International ETF

Get income3y track recordRanked #1,030 of 1,622 in this goal

Seeks to outperform the MSCI All Country World ex-USA Index over a full market cycle with lower risk.

By Main Management ETFs · Launched 2022

Annual Cost

0.84%

#4,247 of 5,562 · expensive

Fund Size

$233M

#2,195 of 5,562 · mid-size

Dividend YieldGoal

2.31%

Track Record

3 years

#2,873 of 5,562 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$12,816+28.2%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

What it actually holds

By weight

Concentration

Top 10 holdings = 100.0% of funddiversified through underlying funds

iShares Trust
38.8%
Ishares Inc
17.5%
SPDR Index Shares Funds
12.7%
iShares Trust
9.8%
Vanguard International Equity Index Funds
7.5%
SPDR Index Shares Funds
7.1%
Franklin Templeton ETF Trust
2.8%
Franklin Templeton ETF Trust
2.5%
iShares Trust
1.2%
State Street Institutional Investment Trust
0.3%

Asset allocation

Stocks
99.0%
Cash
0.9%
Other
0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
16.2%Moderate

Year-on-year price swings

Max drawdown
-14.5%Mild

Worst peak-to-trough loss

Sharpe (3Y)
0.83Decent risk-adjusted returns
Sortino (3Y)
1.20Good downside protection

Where to buy

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to outperform the MSCI All Country World ex-USA Index over a full market cycle with lower risk.
Strategy
Invests primarily in ETFs that provide exposure to undervalued non-U.S. equity securities across various sectors and regions. The strategy involves assessing macro and micro-economic factors to identify transformative opportunities, with at least 50% of assets in non-U.S. securities. May use covered call or put options to reduce volatility and enhance returns.
Inception date
December 1, 2022
Fund family
Main Management ETFs

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

Covered call ETF — yield ≠ total return

The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.

Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

Why we flagged this: strategy=option_income + option_income_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19