IQSI
IQ Candriam International Equity ETF
IQSI tracks a proprietary index of developed-market stocks selected by ESG criteria and weighted by market-cap.
International
EQUITY
Rules-Based
MANAGEMENT STYLE
203.9 M
ASSETS UNDER MGMT
15 bp
EXPENSES
Fund Basics
Fund sponsor | New York Life |
Category | International |
Asset class | Equity |
Website | link... |
Inception date | Dec 16, 2019 |
Assets (mns) | $204 |
Expense ratio | 15 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Quarterly |
Taxation | 1099 |
Stock selection | Principles-based |
Weighting | Market Cap |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | No |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
ASML HOLDING NV | 3.2 % |
NESTLE SA-REG | 2.4 % |
ROCHE HOLDING AG-BR | 2.3 % |
ASTRAZENECA PLC | 2.1 % |
SAP AG | 2.0 % |
TOYOTA MOTOR CORP | 1.9 % |
NOVARTIS AG | 1.9 % |
LVMH MOET HENNESSY LOUIS VUI | 1.7 % |
UNILEVER PLC | 1.4 % |
COMMONWEALTH BANK OF AUSTRAL | 1.3 % |
Constituent Breakdown
Number of holdings | 620 |
Herfindahl-Hirschman Index | 73 |
Wgt avg mkt cap (mns) | $80,140 |
Large cap (>$10bn) | 84.4% |
Mid cap ($2-10bn) | 13.4% |
Small cap (<$2bn) | 0.1% |
Developed mkts. | 99.4% |
Emerging mkts. | 0.6% |
Country Exposure
JAPAN | 26.4 % | |
BRITAIN | 13.2 % | |
SWITZERLAND | 11.4 % | |
FRANCE | 9.0 % | |
AUSTRALIA | 8.5 % | |
GERMANY | 8.5 % | |
NETHERLANDS | 5.6 % | |
SWEDEN | 2.8 % | |
SPAIN | 2.1 % | |
HONG KONG | 2.1 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | 8.3% | 12.7% | 11.4% | 4.1% | -- | -- | 6.9% | Volatility | 13.0% | 12.9% | 14.0% | 16.6% | -- | -- | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 0.88 | 75% |
MSCI EAFE | 1.00 | 95% |
MSCI Emg Mkts | 0.81 | 62% |
Liquidity Measures
Avg. volume (000) | 14 |
Turnover | 0.2% |
Avg. Bid/Ask (% of price) | 0.11% |
ADV of underlying (mns) | $29,638 |
Technical Indicators
Recent close | $29.77 |
30d moving avg. | $30.62 |
Annualized volatility | 17.9% |
Relative strength (RSI) | 43 |
Short interest (ETF) | 0.0% |
Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. IQSI |
Expenses vs. IQSI |
ALTAR Score™ vs. IQSI |
---|---|---|---|---|
GSID | Goldman Sachs MarketBeta International Equity ETF | 66.1% | +5 bp | +0.4% |
EFAX | SPDR MSCI EAFE Fossil Fuel Free ETF | 64.5% | +5 bp | -0.1% |
DBEF | Xtrackers MSCI EAFE Hedged Equity ETF | 61.4% | +21 bp | +0.2% |
EFA | iShares MSCI EAFE ETF | 60.6% | +20 bp | +0.3% |
HFXI | IQ FTSE International Equity Currency Neutral ETF | 60.3% | +5 bp | +0.6% |
BKIE | BNY Mellon International Equity ETF | 59.3% | -11 bp | +0.5% |
BBEU | JPMorgan BetaBuilders Europe ETF | 58.5% | -6 bp | +0.5% |
ESGD | iShares ESG Aware MSCI EAFE ETF | 58.3% | +5 bp | +0.3% |
EASG | Xtrackers MSCI EAFE ESG Leaders Equity ETF | 58.1% | -1 bp | -0.4% |
DBEU | Xtrackers MSCI Europe Hedged Equity ETF | 56.9% | +31 bp | +0.0% |
Risk and Returns: IQSI vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
Price-to-sales | --x | --x | --x | --x |
Price-to-earnings | --x | --x | --x | --x |
Price-to-cash flow | --x | --x | --x | --x |
Price-to-growth | --x | --x | --x | --x |
Price-to-book value | --x | --x | --x | --x |
Yield | --% | --% | --x | --% |
Based on closing prices from 12/2/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
IQSI
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
ALTAR Score™
IQSI
6.4%
Cat. Avg
7.2%
ALTAR Score™ Calculation
Category Overview
There are 267 funds in the International Equity category, with an average ALTAR Score™
of 7.2% and a standard deviation of
2.5%. IQSI's ALTAR Score™ is approximately
0.3 standard deviations
below
the category average. This places IQSI in the 37th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
IQSISELL
U/W
HOLD
O/W
BUY
Expense Analysis
Peer Group | Rules-Based International Equity ETFs |
# of ETFs | 152 |
Avg. Expense Ratio | 42.9 bp |
Std. Deviation | 24.3 bp |
IQSI (15 bp) Percentile rank | 13 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
IQSI | 15.0 | 11.0 | 26 |
Peer Avg. | 35.6 | 19.0 | 54.6 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .