ACWX vs. IQLT
Compare and contrast key facts about iShares MSCI ACWI ex U.S. ETF (ACWX) and iShares MSCI Intl Quality Factor ETF (IQLT).
ACWX and IQLT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ACWX is a passively managed fund by iShares that tracks the performance of the MSCI All Country World ex-U.S. Index. It was launched on Mar 26, 2008. IQLT is a passively managed fund by iShares that tracks the performance of the World ex USA Sector Neutral Quality. It was launched on Jan 13, 2015. Both ACWX and IQLT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ACWX or IQLT.
Performance
ACWX vs. IQLT - Performance Comparison
Returns By Period
In the year-to-date period, ACWX achieves a 6.75% return, which is significantly higher than IQLT's 2.99% return.
ACWX
6.75%
-3.47%
0.53%
12.57%
5.11%
4.36%
IQLT
2.99%
-4.56%
-2.61%
9.59%
6.65%
N/A
Key characteristics
| ACWX | IQLT | |
|---|---|---|
| Sharpe Ratio | 1.00 | 0.75 |
| Sortino Ratio | 1.44 | 1.14 |
| Omega Ratio | 1.18 | 1.13 |
| Calmar Ratio | 1.12 | 1.04 |
| Martin Ratio | 4.84 | 3.17 |
| Ulcer Index | 2.62% | 3.11% |
| Daily Std Dev | 12.73% | 13.04% |
| Max Drawdown | -60.39% | -32.21% |
| Current Drawdown | -7.11% | -8.94% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ACWX vs. IQLT - Expense Ratio Comparison
ACWX has a 0.32% expense ratio, which is higher than IQLT's 0.30% expense ratio.
Correlation
The correlation between ACWX and IQLT is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
ACWX vs. IQLT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI ACWI ex U.S. ETF (ACWX) and iShares MSCI Intl Quality Factor ETF (IQLT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ACWX vs. IQLT - Dividend Comparison
ACWX's dividend yield for the trailing twelve months is around 2.79%, more than IQLT's 2.62% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACWX iShares MSCI ACWI ex U.S. ETF | 2.79% | 2.96% | 2.68% | 2.73% | 1.88% | 3.22% | 2.65% | 2.40% | 2.77% | 2.51% | 3.18% | 2.69% |
IQLT iShares MSCI Intl Quality Factor ETF | 2.62% | 2.27% | 3.14% | 2.24% | 1.60% | 2.28% | 2.72% | 2.36% | 2.91% | 2.78% | 0.00% | 0.00% |
Drawdowns
ACWX vs. IQLT - Drawdown Comparison
The maximum ACWX drawdown since its inception was -60.39%, which is greater than IQLT's maximum drawdown of -32.21%. Use the drawdown chart below to compare losses from any high point for ACWX and IQLT. For additional features, visit the drawdowns tool.
Volatility
ACWX vs. IQLT - Volatility Comparison
iShares MSCI ACWI ex U.S. ETF (ACWX) and iShares MSCI Intl Quality Factor ETF (IQLT) have volatilities of 3.79% and 3.85%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.