What this ETF is trying to do

The Nomura Focused International Core ETF (EXUS) is an exchange-traded fund that invests in companies around the world. Based on its top holdings, it focuses on international businesses in sectors like technology and finance.

What the numbers show

As of October 5, 2026, the share price of EXUS was $28.44.

When looking at performance, there are two different numbers to consider: price return (which only tracks the share price) and total return (which includes distributions).

• Year-to-Date (YTD): Both the price return and total return are 9.39%.

• One-Year: The price return was 8.90%, while the total return was slightly higher at 8.94%.

To put this in perspective, the estimated price from roughly one year ago was $26.12. If an investor had put $10,000 into the fund based on that estimated price, the price-only growth would be worth approximately $10,890 today.

Income and Distribution Explanation

This ETF provides cash payments called distributions. Its distribution yield is 0.03%. Over the last 12 months, it has made one payout. The frequency of these payments is described as irregular or less frequent.

It is important for new investors to remember that a distribution yield is not the same as a total return. While distributions provide cash income, they do not guarantee that the original investment value will stay the same.

NAV Erosion Explanation

"NAV erosion" happens when the actual value of the fund's underlying assets drops over time. StockValueFinder uses an erosion-risk score to measure this.

EXUS has an erosion score of 100, and the erosion label states "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag for this fund.

Top Holdings

The fund holds 48 different assets. Because the list is partial, we only see the largest holdings (updated as of October 7, 2026). The top 10 include:

• Taiwan Semiconductor Manufacturing Co Ltd: 8.4%

• Samsung Electronics Co Ltd: 5.12%

• SK Hynix Inc: 4.85%

• Lenovo Group Ltd: 4.43%

• ING Groep NV: 4.32%

• ASML Holding NV: 3.77%

• Barclays PLC: 3.32%

• Banco Bilbao Vizcaya Argentaria SA: 3.26%

• Mitsubishi UFJ Financial Group Inc: 2.99%

• Sompo Holdings Inc: 2.84%

Pros

• Positive price and total returns over the last year and year-to-date.

• No detected price erosion according to the erosion-risk score.

Cons

• Very low distribution yield.

• Irregular payout schedule.

Beginner Takeaway

EXUS is an international fund that has seen its share price grow over the last year. While it does pay out some cash, the yield is very low and the payments are not frequent. It currently shows a healthy erosion-risk score, meaning its price has remained stable.