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TIERvsCVIEETF Comparison

ETF 1
TIER

T. Rowe Price International Equity Research ETF

This fund is part of
Global Blended Cap
-1.45%
VS
ETF 2
CVIE

Calvert International Responsible Index ETF

This fund is part of
DM Large & Mid Cap
-1.08%

T. Rowe Price International Equity Research ETF (TIER) belongs to the Global Blended Cap segment. Calvert International Responsible Index ETF (CVIE) is part of the DM Large & Mid Cap segment. TIER's top 3 sector exposures are Financials, Industrials and Information Technology. In contrast, CVIE's top sector exposures are Financials, Information Technology and Industrials. TIER is more expensive with a Total Expense Ratio (TER) of 0.38%, versus 0.18% for CVIE. TIER is up 11.21% year-to-date (YTD) with +$4M in YTD flows. CVIE performs better with 13.99% YTD performance, and +$68M in YTD flows. Run a side-by-side ETF comparison of TIER and CVIE below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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TIER vs CVIE performance and flow charts

Performance

-2.00.02.04.0%May 11May 18May 25Jun 1Jun 8

Cumulative Flows

0500,0001,000,0001,500,000May 11May 18May 25Jun 1Jun 8

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Historic performance and flows
Data as of 06/09/2026
1M3MYTD1Y3Y5Y
Perf.
TIER
CVIE
-0.82%-0.10%
+7.65%+8.76%
+11.21%+13.99%
n/a+29.68%
n/a+71.64%
n/an/a
Flows
TIER
CVIE
+$2M-
+$3M+$38M
+$4M+$68M
-+$143M
-+$255M
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
TIER
CVIE
+22.05%+19.43%
n/a+15.10%
n/a+14.60%
n/an/a
Max drawdown
TIER
CVIE
-6.41%-5.90%
n/a-12.43%
n/a-13.68%
n/an/a
Max drawdown duration
TIER
CVIE
28d28d
n/a64d
n/a212d
n/an/a
Trading data

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TIER
CVIE
Last sale
6/10/2026 at 1:30 PM
$31.01
$83.92
Previous close
06/10/2026
$31.45
$80.85
Consolidated volume
06/10/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of May 29, 2026
1-year trailing difference

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TIER
is actively managed and doesn’t replicate an index

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TIER
CVIE
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 6/10/2026 at 1:30 PM
Live
Closed
TIER
CVIE
Last price
$31.01
$83.92
1D performance
-1.43%
+3.79%
AuM$29.76 M$390.21 M
E/R0.38%0.18%
Characteristics
TIER
CVIE
Management strategyActivePassive
ProviderT. Rowe PriceMorgan Stanley
Benchmark-Calvert International Responsible Index
N° of holdings259636
Asset class-Equities
Trailing 12m distribution yield
Join
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Inception dateJune 25, 2025February 1, 2023
ESGNoYes
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Exposure

Countries

TIER
Japan
14.02%
United Kingdom
8.4%
Canada
8.28%
USA
7.38%
Other
61.92%
CVIE
Japan
15.43%
Canada
9.49%
Taiwan
8.73%
United Kingdom
7.03%
Other
59.32%

Sectors

TIER
Financials
19.67%
Industrials
11.93%
Information Techn.
9.44%
Other
58.96%
CVIE
Financials
21.38%
Information Techn.
19.29%
Industrials
15.5%
Other
43.83%
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Diversification

TIER

Total weight of top 15 holdings out of 15

18.43%
CVIE

Total weight of top 15 holdings out of 15

20.89%

Top 15 holdings

Data as of April 30, 2026
TIER
TWN SEMICONT MAN
3.56%
US8740391003
1.80%
USN070592100
1.54%
TENCENT HOLDINGS
1.32%
ROYAL BK CANADA
1.22%
ALIBABA GROUP HOLDING LTD
1.11%
BHP GROUP LTD
1.01%
ASTRAZENECA
0.95%
NESTLE SA
0.93%
HSBC HOLDINGS
0.91%
SIEMENS
0.90%
SHELL PLC
0.87%
MITSUBISHI UFJ FINANCIAL GROUP
0.84%
DELTA ELECTRONIC
0.74%
NOVARTIS
0.73%
CVIE
TWN SEMICONT MAN
5.62%
SAMSUNG ELECTR
2.71%
ASML HOLDING
1.87%
SK HYNIX
1.74%
NOVARTIS
1.00%
NESTLE SA
0.99%
ROYAL BK CANADA
0.94%
SIEMENS
0.88%
MITSUBISHI UFJ FINANCIAL GROUP
0.80%
COMMONWEALTH BANK OF AUSTRALIA
0.77%
SAP SE
0.77%
SCHNEIDER ELECTRIC SE
0.75%
TOYOTA
0.71%
TORONTO DOMINION
0.69%
SIEMENS ENERGY AG
0.65%
Frequently asked questions about TIER and CVIE

How have the TIER and CVIE ETFs performed in 2026?

As of June 9, 2026, TIER is up 11.21% year-to-date (YTD), while CVIE has returned 13.99%. That puts CVIE better performer ahead so far this year.

Which ETF is attracting more investor money: TIER or CVIE?

Year-to-date, the TIER ETF saw +$4M in flows, compared to +$68M for CVIE.

Which ETF is bigger: TIER or CVIE?

As of June 9, 2026, TIER holds $29.76 M in assets under management (AUM), while CVIE manages $390.21 M.

What sectors do the TIER and CVIE ETFs invest in?

TIER leans toward sectors like Financials, Industrials and Information Technology. Meanwhile, CVIE focuses on Financials, Information Technology and Industrials.

What are the top holdings of the TIER ETF and CVIE ETF?

TIER top holdings include TWN SEMICONT MAN, US8740391003 and USN070592100. CVIE holds in its top three: TWN SEMICONT MAN, SAMSUNG ELECTR and ASML HOLDING.

Which ETF is more diversified: TIER or CVIE?

TIER holds 273 securities with 18.43% of its assets in the top 15. CVIE has 641 securities and a top 15 weight of 20.89%.

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