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Upturn AI Summary
ActivePassive International Equity ETF(APIE)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for APIE
10/02/2026: APIE (1-star) is currently NOT-A-BUY. Pass it for now.
APIE provides active international equity exposure through a systematic, rules-based process designed to identify and hold compelling securities outside the US. Its main strengths include a disciplined approach to avoiding benchmark constraints and potential for outperformance through active security selection. It is best used as a core or satellite international component within a long-term portfolio. Investors should be mindful of concentration risks, currency impacts, and the higher costs compared to traditional passive funds. It is most suitable for investors who believe active management can add value internationally over the long term and who monitor global economic cycles.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The fund seeks active growth through international selection but is subject to broader global market cycles. |
| Momentum investor | Strong fit while signal remains positive | The active selection process may incorporate momentum-like factors, making it suitable when international equity trends are favorable. |
| Value investor | Strong fit | The strategy is often designed to avoid overvalued segments, aligning well with value-conscious mandates. |
| Dividend/Income investor | Mixed fit | While international equities can offer dividends, the primary goal of the fund is capital appreciation rather than yield generation. |
| Low-risk investor | Weak fit | International equities carry higher currency and geopolitical risks, making this less suitable for conservative investors. |
Investor Profile
Ideal Investor Profile
The ideal investor is a long-term participant looking for systematic active management in the international equity space.
Suitability
It is best suited for long-term investors seeking to augment their portfolio with international exposure beyond traditional passive indexing.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | Medium / high | International markets often exhibit higher volatility than domestic markets due to political and currency factors. |
| Market risk | High | As an equity fund, it is fully exposed to systemic market declines. |
| Concentration | Medium | Active strategies may result in overweighting specific regions or sectors compared to the broader index. |
| Tracking/expense | Medium | The active management style may lead to tracking error relative to passive benchmarks. |
| Liquidity | Medium | Lower trading volumes in certain underlying international markets can impact execution during stress. |
| Business/sector quality | Medium | Performance relies on the management team's ability to identify high-quality international businesses. |
Risk Analysis
Volatility
APIE exhibits moderate to high volatility consistent with international equity markets, influenced by the active selection of securities.
Market Risk
The fund is subject to systemic risk, including macroeconomic downturns, geopolitical events, and currency fluctuations inherent in international assets.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Geography | Developed International Markets (Europe/Pacific) | 65 | Provides exposure to stable, established economies outside of the United States. |
| Geography | Emerging Markets | 30 | Adds growth potential through exposure to developing economies with higher economic trajectories. |
| Cash/collateral | Cash and Cash Equivalents | 5 | Maintains liquidity for operational needs and tactical adjustments. |
Price Behavior
Steady Uptrend
The stock demonstrates consistent and steady upward price momentum.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type ETF | Historic Profit 13.07% | Avg. Invested days 64 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/02/2026 |
ETF Fundamentals 
Source: EOD Historical Data • Updated Oct 2, 2026
Fund Basics
| Metric | Value |
|---|---|
| Fund Size (AUM) | $1.15B |
| Issuer | Active Passive Funds |
| Expense Ratio | 0.45% |
| Distribution Yield | 3.35% |
| Inception | May 2, 2023 |
Performance
| Period | Total Return |
|---|---|
| YTD | +9.83% |
| 1 Year | +15.14% |
| 3 Year | +18.98% |
Risk Metrics
| Metric | Value |
|---|---|
| 1Y Volatility | 12.68% |
| 3Y Volatility | 11.5% |
| 3Y Sharpe Ratio | 1.14 |
Ratings
| Metric | Value |
|---|---|
| Morningstar Rating | ★★★★★ |
Market Cap Distribution
| Cap Size | Weight |
|---|---|
| Mega Cap | 62.56% |
| Large Cap | 27.46% |
| Mid Cap | 6.22% |
| Small Cap | 0.42% |
| Micro Cap | 0.13% |
Top Sectors
| Sector | Weight |
|---|---|
| Technology | 23.03% |
| Financial Services | 20.57% |
| Industrials | 13.89% |
| Healthcare | 9.10% |
Asset Allocation
Portfolio Characteristics
| Metric | Value |
|---|---|
| Portfolio P/E | 14.9x |
| Portfolio P/B | 2.23x |
| Portfolio P/S | 1.88x |
| Holdings Turnover | 0.0% |
Top Holdings
| Holding | Weight |
|---|---|
| Taiwan Semiconductor Manufacturing | 12.67% |
| Tencent Holdings ADR | 2.30% |
| ASML Holding N.V. New York Registry Shares | 1.84% |
| Alibaba Group Holding | 1.54% |
| SAP SE ADR | 1.21% |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
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