IQLT vs. FM
Compare and contrast key facts about iShares MSCI Intl Quality Factor ETF (IQLT) and iShares MSCI Frontier 100 ETF (FM).
IQLT and FM 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. FM is a passively managed fund by iShares that tracks the performance of the MSCI Frontier Markets 100 Index. It was launched on Sep 12, 2012. Both IQLT and FM 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 FM.
Key characteristics
| IQLT | FM | |
|---|---|---|
| YTD Return | 3.42% | 7.06% |
| 1Y Return | 14.58% | 9.94% |
| 3Y Return (Ann) | 0.97% | -5.96% |
| 5Y Return (Ann) | 6.74% | 2.08% |
| Sharpe Ratio | 1.12 | 1.09 |
| Sortino Ratio | 1.65 | 1.53 |
| Omega Ratio | 1.19 | 1.23 |
| Calmar Ratio | 1.33 | 0.39 |
| Martin Ratio | 5.47 | 4.55 |
| Ulcer Index | 2.71% | 2.15% |
| Daily Std Dev | 13.28% | 8.94% |
| Max Drawdown | -32.21% | -41.63% |
| Current Drawdown | -8.56% | -17.22% |
Correlation
The correlation between IQLT and FM is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IQLT vs. FM - Performance Comparison
In the year-to-date period, IQLT achieves a 3.42% return, which is significantly lower than FM's 7.06% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IQLT vs. FM - Expense Ratio Comparison
IQLT has a 0.30% expense ratio, which is lower than FM's 0.79% expense ratio.
Risk-Adjusted Performance
IQLT vs. FM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Intl Quality Factor ETF (IQLT) and iShares MSCI Frontier 100 ETF (FM). 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. FM - Dividend Comparison
IQLT's dividend yield for the trailing twelve months is around 2.60%, less than FM's 4.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IQLT iShares MSCI Intl Quality Factor ETF | 2.60% | 2.27% | 3.14% | 2.24% | 1.60% | 2.28% | 2.72% | 2.36% | 2.91% | 2.78% | 0.00% | 0.00% |
FM iShares MSCI Frontier 100 ETF | 4.16% | 3.62% | 2.70% | 2.04% | 2.91% | 3.13% | 4.29% | 2.04% | 2.15% | 2.76% | 12.35% | 1.11% |
Drawdowns
IQLT vs. FM - Drawdown Comparison
The maximum IQLT drawdown since its inception was -32.21%, smaller than the maximum FM drawdown of -41.63%. Use the drawdown chart below to compare losses from any high point for IQLT and FM. For additional features, visit the drawdowns tool.
Volatility
IQLT vs. FM - Volatility Comparison
iShares MSCI Intl Quality Factor ETF (IQLT) has a higher volatility of 4.27% compared to iShares MSCI Frontier 100 ETF (FM) at 0.79%. This indicates that IQLT's price experiences larger fluctuations and is considered to be riskier than FM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.