The Portfolio Building Block World Ex US Industrials ETF Ticker: PBWN
About PBWN
The Portfolio Building Block World Ex US Industrials ETF (PBWN) seeks to track the BITA Global Industrials ex US Select Index, providing investors with targeted exposure to leading industrials companies across developed and emerging markets outside the United States. By excluding U.S.-listed securities, the fund is designed to complement existing domestic holdings and reduce home-country concentration in a sector that drives global economic growth.
About the Underlying Index
The BITA Global Industrials ex US Select Index targets developed-market, ex-US companies. To qualify, constituents must have a market capitalization exceeding $10 billion and derive at least 50% of their revenue from the industrials sector value chain. It is a market-cap-weighted index.
The index typically evaluates BITA GmbH classified industrial firms operating outside the United States. It provides a targeted way to invest in large-cap international industrial, manufacturing, and construction companies without holding US equities.
Fund Details
| Fund Name | Portfolio Building Block World Ex US Industrials ETF |
| Ticker | PBWN |
| Primary Exchange | Nasdaq |
| CUSIP | 88636N734 |
| Gross Expense Ratio | 0.14% |
| 30 Day SEC Yield* As of | - |
*The subsidized SEC yield is calculated with a standardized formula mandated by the SEC. The formula is based on maximum offering price per share and includes the effect of any fee waivers. Without waivers, yields would be reduced. This is also referred to as the “standardized yield,” “30-Day Yield” and “Current Yield”.
Fund Data & Pricing
| Net Assets | $0.99M |
| NAV | $24.68 |
| Shares Outstanding | 40000 |
| Premium/Discount Percentage | 0.44% |
| Closing Price | $24.79 |
| Median 30 Day Spread* | 0.36% |
As of: 09/28/2026
*30-Day Median Spread is a calculation of Fund’s median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund’s national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.
Performance
Inception Date: 09/24/2026
As of: XX/XX/XXXX
| Fund Name | Fund Ticker | 1 Month | 3 Month | 6 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception (Cumulative) | Since Inception (Annualized) | Date |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio Building Block World Ex US Industrials ETF | PBWN MKT | - | - | - | - | - | - | - | - | - | - | - |
| Portfolio Building Block World Ex US Industrials ETF | PBWN NAV | - | - | - | - | - | - | - | - | - | - | - |
As of: XX/XX/XXXX
| Fund Name | Fund Ticker | 1 Month | 3 Month | 6 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception (Cumulative) | Since Inception (Annualized) | Date |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio Building Block World Ex US Industrials ETF | PBWN MKT | - | - | - | - | - | - | - | - | - | - | - |
| Portfolio Building Block World Ex US Industrials ETF | PBWN NAV | - | - | - | - | - | - | - | - | - | - | - |
The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For the most recent month-end performance, please call (877) 955-2433.
Short term performance, in particular, is not a good indication of the Fund’s future performance, and an investment should not be made based solely on returns. Returns beyond 1 year are annualized. A Fund’s NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding. The market price is the most recent price at which the fund was traded. The fund intends to pay out dividends and interest income, if any, weekly. There is no guarantee these distributions will be made.
Top 10 Holdings
As of: 09/29/2026
Holdings are subject to change without notice.
| Date | Account | StockTicker | CUSIP ▲ | Name ▲ | Shares ▲ | Price ▲ | Market Value ▲ | Weightings ▲ | NetAssets | SharesOutstanding |
|---|---|---|---|---|---|---|---|---|---|---|
| 09/29/2026 | PBWN | SIE | 5727973 | SIEMENS AG-REG | 182.0 | 278.45 | 57590.49 | 5.8357% | 987125.91 | 40000.0 |
| 09/29/2026 | PBWN | SU | 4834108 | SCHNEIDER ELECTRIC SE | 136.0 | 290.50 | 44896.99 | 4.5495% | 987125.91 | 40000.0 |
| 09/29/2026 | PBWN | RR/ | B63H849 | ROLLS-ROYCE HOLDINGS PLC | 2060.0 | 14.74 | 40241.99 | 4.0778% | 987125.91 | 40000.0 |
| 09/29/2026 | PBWN | 6501 | 6429104 | HITACHI LTD | 1084.0 | 5490.00 | 37773.15 | 3.8276% | 987125.91 | 40000.0 |
| 09/29/2026 | PBWN | ABBN | 7108899 | ABB LTD-REG | 388.0 | 79.78 | 37200.62 | 3.7696% | 987125.91 | 40000.0 |
| 09/29/2026 | PBWN | 6098 | BQRRZ00 | RECRUIT HOLDINGS CO LTD | 316.0 | 16432.00 | 32957.87 | 3.3397% | 987125.91 | 40000.0 |
| 09/29/2026 | PBWN | AIR | 4012250 | AIRBUS SE | 148.0 | 193.10 | 32477.02 | 3.2910% | 987125.91 | 40000.0 |
| 09/29/2026 | PBWN | SAF | B058TZ6 | SAFRAN SA | 83.0 | 333.00 | 31409.03 | 3.1827% | 987125.91 | 40000.0 |
| 09/29/2026 | PBWN | ENR | BMTVQK9 | SIEMENS ENERGY AG | 148.0 | 140.88 | 23694.26 | 2.4010% | 987125.91 | 40000.0 |
| 09/29/2026 | PBWN | 8058 | 6596785 | MITSUBISHI CORP | 780.0 | 4756.00 | 23546.05 | 2.3860% | 987125.91 | 40000.0 |
Fund Documents
Purchase
The Fund (PBWN) is available through various channels including via phone (877) 955-2433, broker-dealers, investment advisers, and other financial services firms, including:
