IQDF
FlexShares International Quality Dividend Index Fund
FlexShares International Quality Dividend Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the Northern Trust International Quality Dividend Index.
International
EQUITY
Rules-Based
MANAGEMENT STYLE
583.0 M
ASSETS UNDER MGMT
47 bp
EXPENSES
Fund Basics
Fund sponsor | Northern Trust Investments Inc |
Category | International |
Asset class | Equity |
Website | link... |
Inception date | Apr 12, 2013 |
Assets (mns) | $583 |
Expense ratio | 47 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Quarterly |
Taxation | 1099 |
Stock selection | Proprietary |
Weighting | Multi-Factor |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | Yes |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
NOVO NORDISK A/S-B | 2.9 % |
ROYAL BANK OF CANADA | 2.8 % |
BHP BILLITON LTD | 2.5 % |
TAIWAN SEMICONDUCTOR MANUFAC | 2.2 % |
ROCHE HOLDING AG-BR | 2.1 % |
NOVARTIS AG | 2.0 % |
L'OREAL | 1.9 % |
NESTLE SA-REG | 1.5 % |
BRITISH AMERICAN TOBACCO PLC | 1.5 % |
CHINA CONSTRUCTION BANK-H | 1.3 % |
Constituent Breakdown
Number of holdings | 244 |
Herfindahl-Hirschman Index | 95 |
Wgt avg mkt cap (mns) | $93,904 |
Large cap (>$10bn) | 74.8% |
Mid cap ($2-10bn) | 22.8% |
Small cap (<$2bn) | 0.0% |
Developed mkts. | 67.5% |
Emerging mkts. | 32.5% |
Country Exposure
JAPAN | 12.6 % | |
BRITAIN | 8.9 % | |
SWITZERLAND | 8.1 % | |
CHINA | 7.1 % | |
TAIWAN | 6.5 % | |
AUSTRALIA | 6.0 % | |
CANADA | 5.3 % | |
FRANCE | 4.5 % | |
INDIA | 3.3 % | |
NETHERLANDS | 3.2 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | 8.4% | 24.5% | 22.3% | 4.1% | 6.5% | 4.0% | 4.2% | Volatility | 12.9% | 12.9% | 13.6% | 15.7% | 19.0% | 16.8% | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 0.81 | 65% |
MSCI EAFE | 0.95 | 92% |
MSCI Emg Mkts | 0.88 | 77% |
Liquidity Measures
Avg. volume (000) | 35 |
Turnover | 0.2% |
Avg. Bid/Ask (% of price) | 0.12% |
ADV of underlying (mns) | $23,745 |
Technical Indicators
Recent close | $24.50 |
30d moving avg. | $25.85 |
Annualized volatility | 17.5% |
Relative strength (RSI) | 46 |
Short interest (ETF) | 0.1% |
Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. IQDF |
Expenses vs. IQDF |
ALTAR Score™ vs. IQDF |
---|---|---|---|---|
IQDY | FlexShares International Quality Dividend Dynamic Index Fund | 63.5% | 0 bp | -3.5% |
IQDE | FlexShares International Quality Dividend Defensive Index ET | 45.6% | 0 bp | +1.9% |
DIVI | Franklin International Core Dividend Tilt Index ETF | 28.4% | -38 bp | -4.8% |
QINT | American Century Quality Diversified International ETF | 25.3% | -8 bp | -5.2% |
DOL | WisdomTree International LargeCap Dividend Fund | 24.9% | +1 bp | -4.9% |
JIRE | JPMorgan International Research Enhanced Equity ETF | 24.0% | -23 bp | -5.8% |
BKIE | BNY Mellon International Equity ETF | 23.7% | -43 bp | -5.8% |
DBEF | Xtrackers MSCI EAFE Hedged Equity ETF | 23.6% | -11 bp | -6.3% |
GSID | Goldman Sachs MarketBeta International Equity ETF | 23.6% | -27 bp | -5.9% |
GSIE | Goldman Sachs ActiveBeta International Equity ETF | 23.2% | -22 bp | -5.7% |
Risk and Returns: IQDF vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
Price-to-sales | --x | --x | --x | --x |
Price-to-earnings | --x | --x | --x | --x |
Price-to-cash flow | --x | --x | --x | --x |
Price-to-growth | --x | --x | --x | --x |
Price-to-book value | --x | --x | --x | --x |
Yield | --% | --% | --x | --% |
Based on closing prices from 11/22/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
IQDF
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.
ALTAR Score™
IQDF
12.9%
Cat. Avg
7.3%
ALTAR Score™ Calculation
Category Overview
There are 267 funds in the International Equity category, with an average ALTAR Score™
of 7.3% and a standard deviation of
2.6%. IQDF's ALTAR Score™ is approximately
2.1 standard deviations
above
the category average. This places IQDF in the 98th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
IQDFSELL
U/W
HOLD
O/W
BUY
Expense Analysis
Peer Group | Rules-Based International Equity ETFs |
# of ETFs | 152 |
Avg. Expense Ratio | 42.9 bp |
Std. Deviation | 24.3 bp |
IQDF (47 bp) Percentile rank | 57 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
IQDF | 47.0 | 11.8 | 58.8 |
Peer Avg. | 35.0 | 18.4 | 53.5 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .