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BELT vs INEQ

iShares U.S. Select Equity Active ETF vs Columbia International Equity Income ETF

BELT

iShares U.S. Select Equity Active ETF

Annual cost

0.75%

Fund size

$10M

INEQ

Columbia International Equity Income ETF

Annual cost

0.45%

Fund size

$81M

Key differences

Both BELT and INEQ are equity ETFs. BELT charges 0.75% a year and INEQ 0.45%. The main difference: BELT follows a index enhanced strategy; INEQ uses active selection.

  • BELT follows a index enhanced strategy; INEQ uses active selection.
  • BELT covers North America; INEQ covers global markets.
  • INEQ costs 0.30% less per year.
  • INEQ is much larger than BELT. Larger funds are usually more liquid and less likely to close.
  • INEQ has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

BELTINEQ
Annual cost (TER)0.75%0.45%
Fund size (AUM)$10M$81M
Since20242016
Dividend yield0.00%2.37%
Asset classequityequity
Regionnorth americaglobal
Strategyindex enhancedactive selection
CAGR 1Y+21.6%+22.8%
CAGR 3YN/A+20.0%
CAGR 5YN/A+11.4%
Sharpe 3YN/A1.06
Volatility 1Y17.37%13.62%
Max drawdown-23.05%-40.25%

Similar to BELT and INEQ