MFS Blended Research Core Equity ETF (BRCE) Valuation
BRCE valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 25.4 trailing earnings
- Forward P/E
- 17.4 analyst estimates
- Price / sales
- 3.24
- Price / book
- 5.58
- EV / EBITDA
- 17.5
- Earnings yield
- 3.94% inverse of P/E
- Dividend yield
- 1.03% of the holdings
- Return on equity
- 22.0% combined
- Net margin
- 12.8% combined
- Beta
- 1.12 weighted, vs S&P 500
BRCE valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| BRCE | 25.4 | 17.4 | 3.24 | 5.58 | 1.03% | 22.0% | 12.8% | 4.0% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
BRCE valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 38.3% | 30.0 | 21.9 | 10.25 | 14.07 | 0.43% | 46.9% |
| Financial Services | 12.9% | 18.4 | 12.0 | 3.09 | 2.74 | 1.50% | 14.9% |
| Healthcare | 10.4% | 34.7 | 13.7 | 1.23 | 3.64 | 2.54% | 10.5% |
| Industrials | 9.1% | 30.0 | 24.2 | 2.58 | 7.20 | 1.00% | 24.0% |
| Communication Services | 8.3% | 23.9 | 19.8 | 7.03 | 6.29 | 0.32% | 26.4% |
| Consumer Cyclical | 8.0% | 27.6 | 21.1 | 2.70 | 5.80 | 0.34% | 21.0% |
| Consumer Defensive | 5.1% | 32.3 | 22.7 | 3.67 | 16.29 | 1.85% | 50.4% |
| Energy | 3.6% | 19.1 | 9.9 | 1.15 | 4.60 | 1.00% | 24.1% |
| Utilities | 2.2% | 7.4 | 7.8 | 1.34 | 1.19 | 3.90% | 16.1% |
| Basic Materials | 1.0% | 25.5 | 13.7 | 3.51 | 3.43 | 1.02% | 13.5% |
| Real Estate | 0.9% | 25.2 | 22.0 | 2.84 | 2.24 | 3.81% | 8.9% |
BRCE earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How BRCE weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
BRCE largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 8.68% | 27.1 | 24.9 | 17.1 | 0.47% | 8.17% |
| AAPL | Apple Inc. | 7.79% | 39.4 | 35.2 | 10.7 | 0.31% | 5.04% |
| MSFT | Microsoft Corporation | 5.44% | 29.5 | 25.1 | 11.8 | 0.74% | 4.70% |
| AMZN | Amazon.com, Inc. | 4.06% | 20.1 | 23.6 | 3.5 | — | 5.14% |
| GOOGL | Alphabet Inc. | 2.92% | 17.1 | 22.8 | 9.3 | 0.26% | 4.35% |
| AVGO | Broadcom Inc. | 2.41% | 43.3 | 19.4 | 17.6 | 0.79% | 1.42% |
| JNJ | Johnson & Johnson | 2.34% | 38.8 | 21.0 | 6.2 | 2.10% | 1.54% |
| MA | Mastercard Incorporated | 2.33% | 34.0 | 24.2 | 15.4 | 0.56% | 1.75% |
| CRM | Salesforce, Inc. | 2.20% | 22.0 | 14.0 | 4.5 | 0.73% | 2.55% |
| META | Meta Platforms, Inc. | 2.05% | 26.7 | 22.1 | 7.9 | 0.30% | 1.96% |
| VLO | Valero Energy Corporation | 2.02% | 18.5 | 10.2 | 1.0 | 1.08% | 2.78% |
| MU | Micron Technology, Inc. | 2.01% | 11.8 | 7.0 | 7.5 | 0.07% | 4.34% |
| V | Visa Inc. | 1.86% | 34.3 | 24.0 | 17.0 | 0.67% | 1.38% |
| PFE | Pfizer Inc. | 1.68% | 38.9 | 9.7 | 2.6 | 5.81% | 1.10% |
| PM | Philip Morris International Inc. | 1.67% | 29.5 | 20.9 | 7.5 | 3.12% | 1.44% |
| GOOG | Alphabet Inc. | 1.67% | 16.9 | 21.8 | 9.2 | 0.26% | 2.51% |
| MNST | Monster Beverage Corporation | 1.52% | 42.3 | 33.7 | 9.7 | — | 0.92% |
| NTRS | Northern Trust Corporation | 1.50% | 14.2 | 13.8 | 3.3 | 1.98% | 2.68% |
| CL | Colgate-Palmolive Company | 1.48% | 37.1 | 21.0 | 3.6 | 2.25% | 1.01% |
| GEV | GE Vernova Inc. | 1.42% | 26.4 | 38.8 | 5.9 | 0.22% | 1.37% |
| C | Citigroup Inc. | 1.36% | 12.1 | 10.2 | 2.5 | 2.16% | 2.85% |
| VIK | Viking Holdings Ltd | 1.31% | 27.7 | 17.2 | 5.3 | — | 1.20% |
| GD | General Dynamics Corporation | 1.29% | 21.0 | 18.5 | 1.7 | 1.85% | 1.57% |
| UNP | Union Pacific Corporation | 1.28% | 23.4 | 19.3 | 6.8 | 1.97% | 1.39% |
| CI | Cigna Corporation | 1.27% | 12.5 | 8.3 | 0.3 | 2.06% | 2.59% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About BRCE valuation
Adding up its 105 holdings with company data, BRCE trades at 25.4 times trailing earnings and 17.4 times analysts' forward estimates, with a price-to-book ratio of 5.58 and a dividend yield of 1.03%. Its earnings yield of 3.94% is 1.38 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 40.2% of the fund and earn 36.6% of its combined profit. By sector, Healthcare is the most expensive at 34.7 times earnings and Utilities the cheapest at 7.4. Companies that lost money over the past year are 4.0% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 99.8% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: BRCE chart, BRCE performance, BRCE holdings, BRCE dividends.
BRCE valuation FAQ
What is the P/E ratio of BRCE?
Based on its holdings, BRCE has a trailing P/E of 25.4 and a forward P/E of 17.4 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of BRCE?
The trailing earnings yield is 3.94% (1 ÷ P/E) and the forward earnings yield 5.75%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is BRCE more expensive than the S&P 500?
BRCE trades at 25.4 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 17.4 and 19.9.
What is the price-to-book ratio of BRCE?
The holdings of BRCE trade at 5.58 times book value, with a combined return on equity of 22.0%.
Which sector in BRCE has the highest P/E?
Healthcare has the highest P/E at 34.7 and Utilities the lowest at 7.4.