Active ETFs have taken a huge leap forward over the last two years, gathering significant flows relative to their smaller AUM. The actively managed side of the ETF world is also contributing quite a bit to the overall number of launches. Even as more and more investors add active ETFs, some are looking for the right time or use case. This week’s market sell-off underscores the case for a particular active ETF as a diversification play.

See more: Market Sell-Off? This Active Equity ETF Is Still Outperforming

That strategy, the T. Rowe Price International Equity ETF (TOUS), combines two possible sources of diversification in its approach. The fund marries an active approach with an international view. The ETF charges only 50 basis points, which is competitive for an actively managed overseas portfolio. Celebrating its first birthday in June, TOUS has already grown to more than 80 million in AUM.

The active ETF invests in around 150 firms with quality business models and good valuation metrics. The strategy assesses local market inputs as well as broader macro factors, putting together a fundamental, bottom-up approach. TOUS has returned 9.8% over the last one-year period.

So, why consider TOUS moving forward following the market sell-off? The strategy’s international view could help U.S. investors diversify away from such a concentrated mega-cap-heavy U.S. stock market. What’s more, there are plenty of opportunities for upside abroad, too. Primarily focused on developed international regions, the ETF has the ability to provide some select exposure to other markets.

What’s more, its active ETF approach could really help. Its flexibility could allow its managers to find intriguing firms that aren’t just growthy tech options. Additionally, TOUS’ active flexibility could help it navigate tricky global market environments like we experienced this week. For investors looking for an active fund, this ETF could appeal.

For more news, information, and analysis, visit the Active ETF Channel.