(IVLU) Edge MSCI Intl Value Factor - NYSE

The iShares Edge MSCI Intl Value Factor ETF (IVLU) tracks the MSCI World ex USA Enhanced Value Index, focusing on international equities that exhibit low valuations relative to fundamental metrics. The fund maintains a primary commitment to its benchmark by investing at least 80% of assets in component securities, while utilizing the remaining 20% for derivatives, cash equivalents, or non-index securities to manage liquidity and tracking error.

The underlying index selects constituents from developed markets outside the United States, targeting companies with low price-to-book, price-to-forward-earnings, and enterprise value-to-cash flow from operations ratios. This strategy targets the value factor, which historically seeks to capitalize on market mispricings of mature companies with stable cash flows. Value-oriented portfolios often have higher exposure to cyclical sectors such as financials, industrials, and energy compared to growth-focused indices.

Investors can compare these international valuation metrics against historical norms by reviewing the detailed data sets on ValueRay. Since its inception in 2015, this ETF has provided a vehicle for mid-to-large cap exposure across Europe, Australia, and the Far East, offering diversification away from domestic U.S. equity concentration.