QUALiShares Edge MSCI U.S.A. Quality Factor ETF
QUAL Fund Description
The iShares Edge MSCI USA Quality Factor ETF tracks an index of US large- and mid-cap stocks, selected and weighted by high ROE, stable earnings growth and low debt/equity, relative to peers in each sector.
QUAL Factset Analytics Insight
Seeking to capture higher quality stocks within GICS sectors, QUAL make its selections from the large- and mid-cap MSCI universe by considering "quality" factors: high ROE, low debt/equity, and stable earnings growth. The fund changed its exposure following a September 1, 2015 index change, foregoing some of its earlier sector biases in favor of an underlying index with sector weighting that looks more like our benchmark, while applying quality factors to the stocks within those sectors. The new portfolio is expected to take less active risk (compared with the old index) relative to pure cap-weighted exposure. QUAL has decent on-screen and underlying liquidity. Historically it has tracked its index well—we'll see if the fund delivers its new index with similar efficiency. Its low fee certainly helps. Don't be alarmed by the index change: QUAL has beefy AUM, led by strong institutional interest from Arizona State Retirement System.
QUAL MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 21, 2018 the iShares Edge MSCI U.S.A. Quality Factor ETF MSCI ESG Fund Quality Score is 5.81 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. QUAL ranks in the 94th percentile within its peer group and in the 63th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
QUAL CHARTS AND PERFORMANCE
QUAL Top 10 Countries
QUAL Top 10 Sectors
QUAL Top 10 Holdings [View All]
QUAL Portfolio Management
QUAL Tax Exposures
QUAL Fund Structure
QUAL Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of QUAL. QUAL is rated a 5 out of 5.
QUAL Sector/Industry Breakdown
QUAL TOP 10 HOLDINGS[View All]
QUAL Economic Development
QUAL Performance Statistics
QUAL MSCI ESG Ratings
QUAL BENCHMARK COMPARISON SUMMARY
QUAL BENCHMARK COMPARISON MARKET CAP SIZE
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.