(INTF) iShares Edge MSCI - Ratings and Ratios

The iShares Edge MSCI Multifactor Intl ETF (INTF) is an exchange-traded fund that falls under the Foreign Large Blend category, indicating its investment focus on large-cap stocks outside the US, blending growth and value styles. Its multifactor approach aims to capture various sources of return, such as value, momentum, quality, and size, across international developed and emerging markets.

As a hyper-rational Trading Analyst, key performance indicators (KPIs) to monitor for INTF would include tracking error relative to its benchmark, the MSCI ACWI ex USA Multifactor index, and the funds expense ratio. The funds AUM of $2.244 billion suggests a reasonable level of liquidity, which is crucial for minimizing trading costs. Average daily trading volume is another critical metric, with INTF averaging around 157,000 shares traded daily, indicating sufficient market participation.

Economic drivers influencing INTFs performance include global economic growth trends, currency fluctuations against the USD, and international trade policies. Shifts in monetary policies by major central banks outside the US, such as the European Central Bank or the Bank of Japan, can also impact the fund. Moreover, the multifactor strategys effectiveness in different market environments, such as during periods of high volatility or when certain factors are in favor (e.g., value vs. growth), is crucial for understanding its potential returns.

From a trading perspective, analyzing the funds beta of 1.05, which indicates a slightly higher volatility than the overall market, is essential. The relatively low Average True Range (ATR) of 0.27 (or 0.78%) suggests that the funds price movements are somewhat contained, which could be beneficial for traders looking to manage risk. The positioning of the funds price relative to its moving averages (SMA20, SMA50, SMA200) can provide insights into its short-term and long-term trends, with the current price above these averages indicating a positive trend.