Skip to content
Beacon

INTLMain International ETF

Get income3y track recordRanked #987 of 1,650 in this goal

Seeks to outperform the MSCI All Country World ex-USA Index over a full market cycle while maintaining below-benchmark risk.

By Main Management ETFs · Launched 2022

Annual Cost

0.84%

#4,420 of 5,861 · expensive

Fund Size

$232M

#2,243 of 5,861 · mid-size

Dividend YieldGoal

3.38%

Track Record

3 years

#2,803 of 5,861 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,260+12.6%

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

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

Global ex-US

Strategy

Option income

What it actually holds

By weight

Concentration

Top 10 holdings = 100.1% of fund✓ diversified through underlying funds

ISHARES TRUST
38.4%
ISHARES INC
18.3%
SPDR INDEX SHARES FUNDS
12.2%
ISHARES TRUST
10.9%
VANGUARD INTERNATIONAL EQUITY INDEX FUNDS
7.8%
SPDR INDEX SHARES FUNDS
7.1%
FRANKLIN TEMPLETON ETF TRUST
2.6%
FRANKLIN TEMPLETON ETF TRUST
2.5%
STATE STREET INSTITUTIONAL INVESTMENT TRUST
0.2%
N/A
0.0%

Asset allocation

Stocks
98.0%
Cash
1.9%
Other
0.1%

By sector

Financial Services
23.9%
Technology
19.3%
Industrials
14.2%
Basic Materials
9.1%
Consumer Cyclical
7.2%
Healthcare
6.2%
Consumer Defensive
5.5%
Energy
5.0%
Other
9.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
17.0%Moderate

Year-on-year price swings

Max drawdown
-66.2%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.70Decent risk-adjusted returns
Sortino (3Y)
1.01Good downside protection

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to outperform the MSCI All Country World ex-USA Index over a full market cycle while maintaining below-benchmark risk.
Strategy
Actively manages a fund of funds structure investing in non-U.S. equity securities of companies of any capitalization. Focuses on sectors and regions deemed undervalued, utilizing ETFs and an option strategy to enhance returns and manage risk.
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

The big yield isn't extra money

The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.

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

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

What's next?

You've looked at INTL. Save it to your watchlist to weigh it against other funds, then turn your shortlist into a portfolio.

See other funds for this goal

Data updated on 2026-08-04