
The Thornburg International Equity ETF (TXUE) strategically builds a concentrated portfolio, typically holding 50 to 55 large-capitalization companies based outside the United States. This fund opportunistically invests across diverse sectors and developed economies, targeting a blend of classic value propositions, consistently profitable businesses, and emerging, high-potential ventures. Its primary objective is to maximize risk-adjusted returns by identifying strong, fundamentally sound companies that are currently undervalued, perhaps due to negative market perceptions or sector-specific…
Is TXUE'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.

For years, investors buying international stocks have battled two problems: American markets outperforming and a dollar that kept climbing. New moves by the U.S. Treasury suggest the second problem may not stick around forever.

Half of the financial advisors who tuned into an August 20 webcast said they're still underweight international stocks. Another 42% said they're already diversified enough.

For 11 of the 12 years following the 2008 financial crisis, U.S. stocks beat international markets. But that trend has flipped: Over the past four years, international equities have taken the lead.

The prolonged zero-interest-rate environment that provided massive tailwinds for U.S. markets is shifting as central banks adjust policy and global interest rates normalize. Global capital costs are rebalancing, creating a compelling backdrop for investors to reevaluate international equities.

A shrinking pool of stocks is powering most of Wall Street's gains, making international equities worth a fresh look, according to Thornburg Investment Management. That shift is unfolding in the second half of 2026.