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FMCX vs IQLT

FM Focus Equity ETF vs iShares MSCI Intl Quality Factor ETF

FMCX

FM Focus Equity ETF

First Manhattan Co.

Annual cost

0.71%

Fund size

$115M

IQLT

iShares MSCI Intl Quality Factor ETF

iShares

Annual cost

0.30%

Fund size

$12.9B

Key differences

  • IQLT costs 0.41% less per year.
  • IQLT is significantly larger than FMCX — larger funds tend to be more liquid and less likely to close.
  • FMCX covers north america markets; IQLT covers global ex us.
  • FMCX follows a active selection strategy; IQLT uses index tracking.
  • Over the last 3 years, FMCX has delivered higher annualized returns.
  • IQLT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMCXIQLT
Annual cost (TER)0.71%0.30%
Fund size (AUM)$115M$12.9B
Since20222015
Dividend yield0.34%2.16%
Asset classequityequity
Regionnorth americaglobal ex us
Strategyactive selectionindex tracking
CAGR 1Y+18.7%+18.8%
CAGR 3Y+17.2%+14.1%
CAGR 5YN/A+7.8%
Sharpe 3Y0.950.72
Volatility 1Y12.96%14.47%
Max drawdown-17.70%-32.21%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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