ISCF vs. ISCG

Last updated Apr 1, 2026

Compare and contrast key facts about iShares MSCI Intl Small-Cap Multifactor ETF (ISCF) and iShares Morningstar Small-Cap Growth ETF (ISCG).

ISCF and ISCG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ISCF is a passively managed fund by iShares that tracks the performance of the MSCI World exUSA SmallCap Diversified Multi-Factor. It was launched on Apr 28, 2015. ISCG is a passively managed fund by iShares that tracks the performance of the Morningstar US Small Cap Broad Growth Extended Index. It was launched on Jun 28, 2004. Both ISCF and ISCG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

ISCF vs. ISCG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Intl Small-Cap Multifactor ETF (ISCF) and iShares Morningstar Small-Cap Growth ETF (ISCG). The values are adjusted to include any dividend payments, if applicable.

ISCF vs. ISCG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ISCF iShares MSCI Intl Small-Cap Multifactor ETF	0.75%	33.65%	4.75%	11.50%	-15.07%	13.31%	7.65%	26.32%	-18.76%	38.13%
ISCG iShares Morningstar Small-Cap Growth ETF	-1.05%	12.88%	13.35%	23.13%	-26.75%	-1.26%	43.41%	27.66%	-6.91%	24.68%

Returns By Period

In the year-to-date period, ISCF achieves a 0.75% return, which is significantly higher than ISCG's -1.05% return. Over the past 10 years, ISCF has underperformed ISCG with an annualized return of 9.03%, while ISCG has yielded a comparatively higher 10.56% annualized return.

ISCF

• 1D: 2.96%
• 1M: -8.54%
• YTD: 0.75%
• 6M: 3.58%
• 1Y: 29.05%
• 3Y*: 14.93%
• 5Y*: 7.24%
• 10Y*: 9.03%

ISCG

• 1D: 3.44%
• 1M: -6.67%
• YTD: -1.05%
• 6M: 1.24%
• 1Y: 22.45%
• 3Y*: 12.87%
• 5Y*: 2.31%
• 10Y*: 10.56%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ISCF vs. ISCG - Expense Ratio Comparison

ISCF has a 0.40% expense ratio, which is higher than ISCG's 0.06% expense ratio.

ISCF

iShares MSCI Intl Small-Cap Multifactor ETF

ISCG

iShares Morningstar Small-Cap Growth ETF

Return for Risk

ISCF vs. ISCG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ISCF

ISCF Risk / Return Rank: 86
ISCF Sharpe Ratio Rank: 86
ISCF Sortino Ratio Rank: 87
ISCF Omega Ratio Rank: 88
ISCF Calmar Ratio Rank: 85
ISCF Martin Ratio Rank: 85

ISCG

ISCG Risk / Return Rank: 61
ISCG Sharpe Ratio Rank: 57
ISCG Sortino Ratio Rank: 61
ISCG Omega Ratio Rank: 55
ISCG Calmar Ratio Rank: 65
ISCG Martin Ratio Rank: 66

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ISCF vs. ISCG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Intl Small-Cap Multifactor ETF (ISCF) and iShares Morningstar Small-Cap Growth ETF (ISCG). 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.

	ISCF	ISCG	Difference
Sharpe ratio Return per unit of total volatility	1.72	0.97	+0.76
Sortino ratio Return per unit of downside risk	2.34	1.50	+0.84
Omega ratio Gain probability vs. loss probability	1.35	1.20	+0.15
Calmar ratio Return relative to maximum drawdown	2.46	1.58	+0.88
Martin ratio Return relative to average drawdown	9.51	6.35	+3.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ISCF vs. ISCG - Sharpe Ratio Comparison

The current ISCF Sharpe Ratio is 1.72, which is higher than the ISCG Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of ISCF and ISCG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ISCF	ISCG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.72	0.97	+0.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.44	0.10	+0.34
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.52	0.46	+0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.38	+0.07

Correlation

The correlation between ISCF and ISCG is 0.65, 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.

Dividends

ISCF vs. ISCG - Dividend Comparison

ISCF's dividend yield for the trailing twelve months is around 3.73%, more than ISCG's 0.64% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ISCF iShares MSCI Intl Small-Cap Multifactor ETF	3.73%	3.76%	4.29%	3.94%	2.73%	3.93%	2.30%	2.87%	2.14%	1.97%	2.89%	1.46%
ISCG iShares Morningstar Small-Cap Growth ETF	0.64%	0.61%	0.84%	0.77%	0.92%	0.62%	0.10%	0.27%	0.40%	0.52%	1.19%	0.64%

Drawdowns

ISCF vs. ISCG - Drawdown Comparison

The maximum ISCF drawdown since its inception was -40.79%, smaller than the maximum ISCG drawdown of -57.72%. Use the drawdown chart below to compare losses from any high point for ISCF and ISCG.

Drawdown Indicators

	ISCF	ISCG	Difference
Max Drawdown Largest peak-to-trough decline	-40.79%	-57.72%	+16.93%
Max Drawdown (1Y) Largest decline over 1 year	-11.34%	-14.09%	+2.75%
Max Drawdown (5Y) Largest decline over 5 years	-30.70%	-37.80%	+7.10%
Max Drawdown (10Y) Largest decline over 10 years	-40.79%	-41.48%	+0.69%
Current Drawdown Current decline from peak	-8.57%	-8.39%	-0.18%
Average Drawdown Average peak-to-trough decline	-8.23%	-11.71%	+3.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	3.50%	-0.57%

Volatility

ISCF vs. ISCG - Volatility Comparison

iShares MSCI Intl Small-Cap Multifactor ETF (ISCF) and iShares Morningstar Small-Cap Growth ETF (ISCG) have volatilities of 7.29% and 7.39%, 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.

Volatility by Period

	ISCF	ISCG	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.29%	7.39%	-0.10%
Volatility (6M) Calculated over the trailing 6-month period	10.81%	14.01%	-3.20%
Volatility (1Y) Calculated over the trailing 1-year period	16.95%	23.33%	-6.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.52%	22.98%	-6.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.32%	23.12%	-5.80%