(IQLT) iShares MSCI Intl Quality - Ratings and Ratios

The iShares MSCI Intl Quality Factor ETF (IQLT) is an exchange-traded fund that tracks an underlying index, investing at least 80% of its assets in constituent securities or economically identical investments. The underlying index focuses on international developed large- and mid-cap stocks that exhibit higher quality characteristics, as measured by return on equity, earnings variability, and debt-to-equity.

By concentrating on quality factors, IQLT provides investors with exposure to a portfolio of companies with strong financial health, stable earnings, and relatively lower leverage. This approach is designed to mitigate potential downsides during market downturns, as high-quality companies tend to be more resilient. The funds investment strategy is transparent, with holdings and characteristics aligned with its underlying index.

From a technical analysis perspective, IQLTs price action indicates a bullish trend, with the short-term SMA20 (42.56) and long-term SMA50 (40.94) and SMA200 (39.69) suggesting a sustained upward trajectory. The Average True Range (ATR) of 0.39, or 0.90%, indicates moderate volatility. Given the current price of 43.21, near its 52-week high of 43.28, and the overall trend, its likely that IQLT will continue to trade within a narrow range, potentially breaking out to new highs if the quality factor continues to be in favor.

Combining technical and fundamental insights, a forecast for IQLT is cautiously optimistic. With a strong AUM of $11.66B, the fund has a significant presence in the market, which can contribute to liquidity and stability. The quality factor tilt is expected to remain attractive to investors seeking resilient investments, potentially driving demand and, consequently, the price of IQLT upwards. If the current trend persists, IQLT may test new highs, potentially reaching 45.00 in the next 6-12 months, assuming the quality factor continues to outperform.