IQLT vs. BKIE
Compare and contrast key facts about iShares MSCI Intl Quality Factor ETF (IQLT) and BNY Mellon International Equity ETF (BKIE).
IQLT and BKIE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. BKIE is a passively managed fund by The Bank of New York Mellon Corp. that tracks the performance of the Morningstar Developed Markets ex-US Large Cap Index. It was launched on Apr 24, 2020. Both IQLT and BKIE 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: IQLT or BKIE.
Correlation
The correlation between IQLT and BKIE is 0.97, 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.
Performance
IQLT vs. BKIE - Performance Comparison
Key characteristics
IQLT:
0.79
BKIE:
1.09
IQLT:
1.18
BKIE:
1.57
IQLT:
1.14
BKIE:
1.19
IQLT:
0.97
BKIE:
1.51
IQLT:
2.21
BKIE:
3.64
IQLT:
4.70%
BKIE:
3.87%
IQLT:
13.04%
BKIE:
12.93%
IQLT:
-32.21%
BKIE:
-28.19%
IQLT:
-2.05%
BKIE:
-0.45%
Returns By Period
In the year-to-date period, IQLT achieves a 9.11% return, which is significantly higher than BKIE's 8.49% return.
IQLT
9.11%
7.06%
1.59%
8.64%
7.26%
7.43%
BKIE
8.49%
7.09%
4.02%
12.51%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IQLT vs. BKIE - Expense Ratio Comparison
IQLT has a 0.30% expense ratio, which is higher than BKIE's 0.04% expense ratio.
Risk-Adjusted Performance
IQLT vs. BKIE — Risk-Adjusted Performance Rank
IQLT
BKIE
IQLT vs. BKIE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Intl Quality Factor ETF (IQLT) and BNY Mellon International Equity ETF (BKIE). 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
IQLT vs. BKIE - Dividend Comparison
IQLT's dividend yield for the trailing twelve months is around 2.63%, less than BKIE's 3.05% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
IQLT iShares MSCI Intl Quality Factor ETF | 2.63% | 2.87% | 2.27% | 3.14% | 2.24% | 1.60% | 2.28% | 2.72% | 2.36% | 2.91% | 2.78% |
BKIE BNY Mellon International Equity ETF | 3.05% | 3.31% | 2.88% | 2.97% | 2.58% | 1.49% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IQLT vs. BKIE - Drawdown Comparison
The maximum IQLT drawdown since its inception was -32.21%, which is greater than BKIE's maximum drawdown of -28.19%. Use the drawdown chart below to compare losses from any high point for IQLT and BKIE. For additional features, visit the drawdowns tool.
Volatility
IQLT vs. BKIE - Volatility Comparison
iShares MSCI Intl Quality Factor ETF (IQLT) and BNY Mellon International Equity ETF (BKIE) have volatilities of 3.43% and 3.56%, 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.