IVLU
iShares MSCI Intl Value Factor ETF
The iShares MSCI International Developed Value Factor ETF tracks an index of large- and midcap developed ex-US equities, selected using fundamental metrics, and weighted by these metrics and market cap.
International
EQUITY
Rules-Based
MANAGEMENT STYLE
1.7 B
ASSETS UNDER MGMT
30 bp
EXPENSES
Fund Basics
| Fund sponsor | BlackRock |
| Category | International |
| Asset class | Equity |
| Website | link... |
| Inception date | Jun 16, 2015 |
| Assets (mns) | $1,721 |
| Expense ratio | 30 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-End Investment Company |
| Distributions | Annually |
| Taxation | 1099 |
| Stock selection | Fundamental |
| Weighting | Fundamental |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| HSBC HOLDINGS PLC | 2.3 % |
| BRITISH AMERICAN TOBACCO PLC | 2.3 % |
| TOYOTA MOTOR CORP | 2.2 % |
| NOVARTIS AG | 1.9 % |
| ROCHE HOLDING LTD | 1.9 % |
| SANOFI-AVENTIS | 1.8 % |
| SHELL PLC | 1.6 % |
| BANCO SANTANDER SA | 1.5 % |
| SIEMENS AG-REG | 1.4 % |
| BARCLAYS PLC | 1.2 % |
Constituent Breakdown
| Number of holdings | 351 |
| Herfindahl-Hirschman Index | 73 |
| Wgt avg mkt cap (mns) | $61,687 |
| Large cap (>$10bn) | 86.3% |
| Mid cap ($2-10bn) | 13.2% |
| Small cap (<$2bn) | 0.2% |
| Developed mkts. | 99.8% |
| Emerging mkts. | 0.1% |
Country Exposure
 |
JAPAN | 29.9 % |
 |
BRITAIN | 17.5 % |
 |
GERMANY | 11.5 % |
 |
FRANCE | 10.6 % |
 |
SWITZERLAND | 5.5 % |
 |
SPAIN | 3.4 % |
 |
ITALY | 3.1 % |
 |
CANADA | 3.1 % |
 |
NETHERLANDS | 2.3 % |
 |
HONG KONG | 2.0 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 3.3% | 7.7% | 11.1% | 7.4% | 5.9% | -- | 4.2% | Volatility | 13.0% | 13.0% | 14.2% | 16.6% | 20.2% | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.72 | 56% |
| MSCI EAFE | 0.91 | 89% |
| MSCI Emg Mkts | 0.77 | 62% |
Liquidity Measures
| Avg. volume (000) | 386 |
| Turnover | 0.6% |
| Avg. Bid/Ask (% of price) | 0.04% |
| ADV of underlying (mns) | $20,452 |
Technical Indicators
| Recent close | $26.76 |
| 30d moving avg. | $28.01 |
| Annualized volatility | 16.9% |
| Relative strength (RSI) | 46 |
| Short interest (ETF) | 0.5% |
| 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. IVLU |
Expenses vs. IVLU |
ALTAR Score™ vs. IVLU |
|---|---|---|---|---|
| EFV | iShares MSCI EAFE Value ETF | 63.7% | +4 bp | -2.1% |
| FNDF | Schwab Fundamental International Large Co. Index ETF | 51.7% | -5 bp | -1.4% |
| PXF | Invesco FTSE RAFI Developed Markets ex-U.S. ETF | 51.2% | +15 bp | -2.7% |
| IQIN | IQ 500 International ETF | 47.3% | -5 bp | -2.7% |
| VYMI | Vanguard International High Dividend Yield ETF | 43.7% | -8 bp | -1.7% |
| JHMD | John Hancock Multifactor Developed International ETF | 42.6% | +9 bp | -3.9% |
| DFIV | Dimensional International Value ETF | 42.6% | -3 bp | -1.4% |
| EFA | iShares MSCI EAFE ETF | 41.8% | +5 bp | -4.8% |
| FIVA | Fidelity International Value Factor ETF | 40.1% | -12 bp | -1.4% |
| QEFA | SPDR MSCI EAFE StrategicFactors ETF | 39.7% | 0 bp | -4.4% |
Risk and Returns: IVLU 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 12/20/2024
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
IVLU
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
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™
IVLU
11.9%
Cat. Avg
7.5%
ALTAR Score™ Calculation
Category Overview
There are 267 funds in the International Equity category, with an average ALTAR Score™
of 7.5% and a standard deviation of
2.7%. IVLU's ALTAR Score™ is approximately
1.6 standard deviations
above
the category average. This places IVLU in the 95th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
IVLUSELL
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 |
| IVLU (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) |
|
|---|---|---|---|
| IVLU | 30.0 | 4.4 | 34.4 |
| Peer Avg. | 35.6 | 19.0 | 54.6 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .