ISCF
iShares Edge MSCI Multifactor Intl Small-Cap ETF
The iShares FactorSelect MSCI Intl Small-Cap ETF tracks an index of international small-cap firms. Stocks are selected and weighted to increase exposure to 4 factors (quality, value, momentum and small size) while maintaining similar characteristics of the MSCI World ex USA Small Cap Index.
Fund Basics
| Fund sponsor | BlackRock |
| Category | International Equities |
| Asset class | Equity |
| Website | link... |
| Inception date | Apr 28, 2015 |
| Assets (mns) | $570 |
| Expense ratio | 23 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-End Investment Company |
| Distributions | Semi-Annually |
| Taxation | 1099 |
| Stock selection | Multi-Factor |
| Weighting | Multi-Factor |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| TOKYU REIT INC | 0.6 % |
| LOGITECH INTERNATIONAL-REG | 0.6 % |
| BANK OF IRELAND GROUP PLC | 0.6 % |
| VAT GROUP LTD | 0.5 % |
| GALENICA AG | 0.5 % |
| BE SEMICONDUCTOR INDUSTRIES | 0.5 % |
| CT REAL ESTATE INVESTMENT TRUST | 0.4 % |
| SWISSQUOTE GROUP HOLDING-REG | 0.4 % |
| BANCO DE SABADELL SA | 0.4 % |
| FINNING INTERNATIONAL INC | 0.4 % |
Constituent Breakdown
| Number of holdings | 1008 |
| Herfindahl-Hirschman Index | 36 |
| Wgt avg mkt cap (mns) | $2,344 |
| Large cap (>$10bn) | 3.1% |
| Mid cap ($2-10bn) | 43.9% |
| Small cap (<$2bn) | 51.2% |
| Developed mkts. | 99.9% |
| Emerging mkts. | 0.1% |
Country Exposure
 |
JAPAN | 21.0 % |
 |
BRITAIN | 12.3 % |
 |
CANADA | 9.9 % |
 |
SWITZERLAND | 6.3 % |
 |
AUSTRALIA | 6.2 % |
 |
FRANCE | 5.1 % |
 |
GERMANY | 5.1 % |
 |
NETHERLANDS | 2.8 % |
 |
SWEDEN | 2.3 % |
 |
SPAIN | 2.1 % |
Historical Performance
Standardized Annual Returns (as of 08/31/2023)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. |
|---|---|---|---|---|---|---|
| 5.0% | 8.5% | -6.5% | 4.3% | 2.5% | -- | 5.4% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.88 | 77% |
| MSCI EAFE | 0.93 | 92% |
| MSCI Emg Mkts | 0.75 | 56% |
Liquidity Measures
| Avg. volume (000) | 45 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.12% |
| ADV of underlying (mns) | $3,580 |
Technical Indicators
| Recent close | $29.55 |
| 30d moving avg. | $30.51 |
| Annualized volatility | 17.9% |
| Relative strength (RSI) | 36 |
| Short interest (ETF) | 1.5% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. ISCF |
Expenses vs. ISCF |
ALTAR Score™ vs. ISCF |
|---|---|---|---|---|
| DFIS | Dimensional International Small Cap ETF | 32.3% | +16 bp | -2.0% |
| SCZ | iShares MSCI EAFE Small-Cap ETF | 28.0% | +16 bp | -2.4% |
| IEUS | iShares MSCI Europe Small-Cap ETF | 26.1% | +17 bp | -2.0% |
| SCHC | Schwab International Small-Cap Equity ETF | 26.1% | -12 bp | -2.5% |
| FNDC | Schwab Fundamental International Small Co. Index ETF | 24.1% | +16 bp | -2.5% |
| AVDV | Avantis International Small Cap Value ETF | 22.9% | +13 bp | -1.1% |
| PDN | Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF | 22.5% | +26 bp | -3.0% |
| VSS | Vanguard FTSE All-World ex-US Small-Cap ETF | 21.6% | -16 bp | -2.2% |
| GWX | SPDR S&P International Small Cap ETF | 20.2% | +17 bp | -2.9% |
| DLS | WisdomTree International SmallCap Dividend Fund | 19.8% | +35 bp | +0.8% |
Risk and Returns: ISCF 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.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023E | 2024E | ||
|---|---|---|---|---|---|---|---|---|
| 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
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| 2022 | 2023E | Fwd Est | 2024E | |
| 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 9/28/2023
Peer Group Comparison Sample data. Subscribe for access.
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
ISCF
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
ISCF
8.8%
Cat. Avg
8.2%
Fund Category: International Equities
| Avg. Return on Equity | --% |
| Divided by: Fwd. P/BV | --x |
| Less: Expenses | -- bp |
| Equals: ALTAR Score™ | 8.8% |
Recommendation
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
Category Overview
There are 271 funds in the International Equities category, with an average ALTAR Score™
of 8.2% and a standard deviation of
2.6%. ISCF's ALTAR Score™ is approximately
0.2 standard deviations
above
the category average. This places ISCF in the 59th percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
ISCF
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Market Activity
| Latest price | |
| Change | |
| Volume | |
| Bid/Ask Spread | |
| Update |
Today's Trading
Trading data provided for free by IEX. By accessing this data you agree to abide by their Terms of Service.
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| ISCF | 23.0 | 11.9 | 34.9 |
| Peer Avg. | -- | -- | -- |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .