IQLT
iShares MSCI Intl Quality Factor ETF
📎 Investment Objective
The iShares MSCI Intl Quality Factor ETF (IQLT) seeks to track the investment results of an index composed of high quality international developed market stocks.
Overview
ETF tracking iShares MSCI Intl Quality Factor ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares MSCI Intl Quality Factor ETF (IQLT) seeks to track the investment results of an index composed of high quality international developed market stocks.
🎯 Investment Strategy
The ETF seeks to track the MSCI World ex USA Sector Neutral Quality Index, which is designed to measure the performance of developed market stocks that have high quality characteristics as identified through three main fundamental variables: high return on equity (ROE), low earnings variability, and low debt-to-equity. The fund uses a representative sampling strategy to invest in a subset of the index components.
✨ Key Features
- Focuses on international developed market stocks with high quality characteristics
- Uses a factor-based approach to target companies with strong profitability, stable earnings, and healthy balance sheets
- Diversified across sectors to limit concentration risk
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Exposure to international developed market equities, which can be subject to currency fluctuations, political uncertainty, and economic conditions in those markets
- Factor investing strategy may underperform the broader market during certain periods
- Potential for tracking error versus the underlying index
- Low assets under management may impact liquidity
👤 Best For
The iShares MSCI Intl Quality Factor ETF may be suitable for investors seeking international developed market equity exposure with a focus on high quality companies. It could be used as a core portfolio holding or to complement a broader international equity allocation. Investors should have a medium to long-term investment horizon and be comfortable with the risks associated with international equity investing.
Top Holdings
| Rank | Ticker | Name | Weight | Sector |
|---|---|---|---|---|
| 1 | ASML | ASML HOLDING NV | 5.36% | Information Technology |
| 2 | SHEL | SHELL PLC | 2.48% | Energy |
| 3 | ALV | ALLIANZ | 2.36% | Financials |
| 4 | ROG | ROCHE HOLDING PAR AG | 2.23% | Health Care |
| 5 | AZN | ASTRAZENECA PLC | 2.10% | Health Care |
| 6 | NOVN | NOVARTIS AG | 1.99% | Health Care |
| 7 | NESN | NESTLE SA | 1.97% | Consumer Staples |
| 8 | ABBN | ABB LTD | 1.73% | Industrials |
| 9 | MC | LVMH | 1.71% | Consumer Discretionary |
| 10 | ZURN | ZURICH INSURANCE GROUP AG | 1.70% | Financials |
| 11 | NOVO B | NOVO NORDISK CLASS B | 1.49% | Health Care |
| 12 | ULVR | UNILEVER PLC | 1.47% | Consumer Staples |
| 13 | BHP | BHP GROUP LTD | 1.38% | Materials |
| 14 | 8766 | TOKIO MARINE HOLDINGS INC | 1.32% | Financials |
| 15 | SU | SCHNEIDER ELECTRIC | 1.32% | Industrials |