IQLT
iShares MSCI Intl Quality Factor ETF
iShares MSCI International Developed Quality Factor ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track an index that measures the performance of international developed large and mid capitalization stocks exhibiting relatively higher quality characteristics as identified through three fundamental variables: ROE, earnings varilability & debt-to-equity.
International
EQUITY
Rules-Based
MANAGEMENT STYLE
7.7 B
ASSETS UNDER MGMT
30 bp
EXPENSES
Fund Basics
| Fund sponsor | BlackRock Fund Advisors |
| Category | International |
| Asset class | Equity |
| Website | link... |
| Inception date | Jan 13, 2015 |
| Assets (mns) | $7,735 |
| Expense ratio | 30 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-End Investment Company |
| Distributions | Semi-Annually |
| Taxation | 1099 |
| Stock selection | Fundamental |
| Weighting | Multi-Factor |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| ASML HOLDING NV | 3.5 % |
| NOVO NORDISK A/S-B | 2.9 % |
| SHELL PLC | 2.7 % |
| NESTLE SA-REG | 2.5 % |
| ALLIANZ SE-REG | 2.2 % |
| ROCHE HOLDING LTD | 2.1 % |
| LVMH MOET HENNESSY LOUIS VUI | 2.0 % |
| ASTRAZENECA PLC | 1.8 % |
| ZURICH FINANCIAL SERVICES AG | 1.7 % |
| NOVARTIS AG | 1.7 % |
Constituent Breakdown
| Number of holdings | 295 |
| Herfindahl-Hirschman Index | 104 |
| Wgt avg mkt cap (mns) | $110,178 |
| Large cap (>$10bn) | 93.2% |
| Mid cap ($2-10bn) | 6.5% |
| Small cap (<$2bn) | 0.1% |
| Developed mkts. | 99.9% |
| Emerging mkts. | 0.1% |
Country Exposure
 |
BRITAIN | 16.6 % |
 |
SWITZERLAND | 15.2 % |
 |
JAPAN | 13.2 % |
 |
FRANCE | 8.0 % |
 |
NETHERLANDS | 6.5 % |
 |
CANADA | 6.4 % |
 |
AUSTRALIA | 5.8 % |
 |
GERMANY | 5.8 % |
 |
SWEDEN | 4.5 % |
 |
DENMARK | 4.1 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 3.1% | 19.0% | 16.9% | 1.3% | 6.8% | -- | 6.3% | Volatility | 13.2% | 13.1% | 14.7% | 17.2% | 19.6% | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.97 | 79% |
| MSCI EAFE | 1.04 | 95% |
| MSCI Emg Mkts | 0.87 | 64% |
Liquidity Measures
| Avg. volume (000) | 766 |
| Turnover | 0.4% |
| Avg. Bid/Ask (% of price) | 0.03% |
| ADV of underlying (mns) | $28,256 |
Technical Indicators
| Recent close | $37.88 |
| 30d moving avg. | $40.53 |
| Annualized volatility | 18.9% |
| Relative strength (RSI) | 43 |
| 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. IQLT |
Expenses vs. IQLT |
ALTAR Score™ vs. IQLT |
|---|---|---|---|---|
| IDHQ | Invesco S&P International Developed High Quality ETF | 56.0% | -1 bp | +0.3% |
| QEFA | SPDR MSCI EAFE StrategicFactors ETF | 52.7% | 0 bp | +1.0% |
| IEV | iShares Europe ETF | 50.9% | +37 bp | +0.4% |
| EFG | iShares MSCI EAFE Growth ETF | 50.5% | +6 bp | -1.7% |
| DMXF | iShares ESG Advanced MSCI EAFE ETF | 46.7% | -18 bp | -0.7% |
| IEUR | iShares Core MSCI Europe ETF | 46.6% | -19 bp | +0.8% |
| EFA | iShares MSCI EAFE ETF | 46.2% | +5 bp | +0.7% |
| DBEU | Xtrackers MSCI Europe Hedged Equity ETF | 46.1% | +16 bp | +0.2% |
| BBEU | JPMorgan BetaBuilders Europe ETF | 46.1% | -21 bp | +0.9% |
| EFAX | SPDR MSCI EAFE Fossil Fuel Free ETF | 45.7% | -10 bp | +0.3% |
Risk and Returns: IQLT 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.
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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
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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 11/15/2024
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
IQLT
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
ALTAR Score™
IQLT
6.2%
Cat. Avg
7.4%
ALTAR Score™ Calculation
Category Overview
There are 267 funds in the International Equity category, with an average ALTAR Score™
of 7.4% and a standard deviation of
2.6%. IQLT's ALTAR Score™ is approximately
0.4 standard deviations
below
the category average. This places IQLT in the 33rd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
IQLTSELL
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 |
| IQLT (30 bp) Percentile rank | 30 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| IQLT | 30.0 | 2.9 | 32.9 |
| Peer Avg. | 42.8 | 27.5 | 70.3 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .