
The funds investment objective is to seek capital appreciation.
Is BRSM's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

The U.S. ETF landscape reached a massive $15.7 trillion in total assets under management by the end of May, as the industry continues to grow rapidly. Year-to-date ETF inflows grew to a staggering $843 billion by the end of last month, according to FactSet data.

On June 4, MFS expanded its ETF suite with the launch of the MFS Blended Research Small-Mid Cap ETF (BRSM) and the MFS Active International Value ETF (MIVL). With an expense ratio of 38 basis points, BRSM broadens MFS's actively managed offerings into the small-mid cap market.