IVLU
iShares MSCI Intl Value Factor ETF
The iShares MSCI International Developed Value Factor ETF tracks an index of large- and midcap developed ex-US equities, selected using fundamental metrics, and weighted by these metrics and market cap.
International
EQUITY
Rules-Based
MANAGEMENT STYLE
2.3 B
ASSETS UNDER MGMT
30 bp
EXPENSES
Fund Basics
| Fund sponsor | BlackRock |
| Category | International |
| Asset class | Equity |
| Website | link... |
| Inception date | Jun 16, 2015 |
| Assets (mns) | $2,251 |
| Expense ratio | 30 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-End Investment Company |
| Distributions | Annually |
| Taxation | 1099 |
| Stock selection | Fundamental |
| Weighting | Fundamental |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| BRITISH AMERICAN TOBACCO PLC | 2.4 % |
| HSBC HOLDINGS PLC | 2.1 % |
| TOYOTA MOTOR CORP | 2.0 % |
| NOVARTIS AG | 1.8 % |
| ROCHE HOLDING LTD | 1.7 % |
| BANCO SANTANDER SA | 1.7 % |
| SANOFI-AVENTIS | 1.5 % |
| SIEMENS AG-REG | 1.5 % |
| SHELL PLC | 1.5 % |
| BNP PARIBAS | 1.3 % |
Constituent Breakdown
| Number of holdings | 351 |
| Herfindahl-Hirschman Index | 77 |
| Wgt avg mkt cap (mns) | $67,399 |
| Large cap (>$10bn) | 91.3% |
| Mid cap ($2-10bn) | 8.6% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.7% |
| Emerging mkts. | 0.1% |
Country Exposure
 |
JAPAN | 29.8 % |
 |
BRITAIN | 16.2 % |
 |
GERMANY | 11.6 % |
 |
FRANCE | 11.0 % |
 |
SWITZERLAND | 5.1 % |
 |
SPAIN | 3.9 % |
 |
ITALY | 3.1 % |
 |
CANADA | 2.9 % |
 |
NETHERLANDS | 2.3 % |
 |
HONG KONG | 2.2 % |
Historical Performance
Standardized Performance (as of 05/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 21.4% | 12.8% | 16.1% | 9.5% | 11.2% | -- | -- | 2.9% |
| Dividend Yield | 0.0% | 2.6% | 4.2% | 3.9% | 3.6% | -- | -- | 3.0% |
| Total Returns | 21.4% | 15.4% | 20.3% | 13.4% | 14.8% | -- | -- | 5.9% | Ann. Volatility | 22.6% | 18.3% | 15.6% | 16.9% | 17.4% | -- | -- | 18.9% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.72 | 53% |
| MSCI EAFE | 0.87 | 81% |
| MSCI Emg Mkts | 0.73 | 57% |
Liquidity Measures
| Avg. volume (000) | 476 |
| ADV traded (mns) | $16 |
| Turnover | 0.7% |
| Avg. Bid/Ask (% of price) | 0.04% |
Technical Indicators
| Recent close | $33.06 |
| 30d moving avg. | $32.49 |
| Annualized volatility | 16.7% |
| Relative strength (RSI) | 61 |
| Short interest | 0.3% |
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. |
Expenses vs. |
ALTAR Score™ vs. |
|---|---|---|---|---|
| EFV | iShares MSCI EAFE Value ETF | 65.0% | +4 bp | +9.2% |
| PXF | Invesco FTSE RAFI Developed Markets ex-U.S. ETF | 52.6% | +15 bp | +8.9% |
| FNDF | Schwab Fundamental International Large Co. Index ETF | 51.2% | -5 bp | +9.7% |
| DFIV | Dimensional International Value ETF | 44.1% | -3 bp | +9.9% |
| EFA | iShares MSCI EAFE ETF | 43.7% | +5 bp | +6.9% |
| VYMI | Vanguard International High Dividend Yield ETF | 43.5% | -8 bp | +9.7% |
| JHMD | John Hancock Multifactor Developed International ETF | 43.1% | +9 bp | +7.6% |
| IEV | iShares Europe ETF | 40.3% | +37 bp | +6.8% |
| DIVI | Franklin International Core Dividend Tilt Index ETF | 40.1% | -21 bp | +8.1% |
| DBEF | Xtrackers MSCI EAFE Hedged Equity ETF | 40.1% | +6 bp | +6.7% |
Risk and Returns: 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
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| 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 6/16/2025
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
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
SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.
ALTAR Score™
10.6%
Cat. Avg
7.3%
ALTAR Score™ Calculation
Category Overview
There are 258 funds in the International Equity category, with an average ALTAR Score™
of 7.3% and a standard deviation of
1.9%. 's ALTAR Score™ is approximately
1.8 standard deviations
above
the category average. This places in the 96th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
IVLUSELL
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 |
| (30 bp) Percentile rank | 30 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| 30.0 | 0.0 | 30 | |
| Peer Avg. | 34.9 | 18.7 | 53.7 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .