iShares MSCI Intl Size Factor ETF

ISZE is a Global Ex. US Equities ETF. The Fund seeks to track the investment results of the MSCI World ex USA Low Size Index (the Underlying Index ), which is based on a traditional market capitalization-weighted parent index, the MSCI World ex USA Index (the Parent Index ). The Parent Index includes international large- and mid-capitalization stocks, as defined by MSCI Inc. (the Index Provider or MSCI ). The Underlying Index is constructed by applying a mathematical formula that reweights the constituents of its market capitalization weighted Parent Index, such that smaller companies as measured by market capitalization receive a larger index weight than their larger counterparts. In addition, at each rebalancing, a factor is applied that operates as a constraint or cap on the weight of individual components of the Underlying Index the constraint factor. The constraint factor is held constant between each rebalancing. The constraint factor is calculated by reference to the relative weight of each component in the Parent Index and used to determine the weights of each respective component in the Underlying Index. The constraint factor remains constant between index reviews except in case of corporate events (as defined by the Index Provider). The constraint factor does not limit the market appreciation / depreciation of individual components between each rebalancing. The Underlying Index is rebalanced semi-annually in May and November. As of October 25, 2018, there are 1,013 component securities in the Underlying Index. As of October 25, 2018 a significant portion of the Underlying Index is represented by securities of companies in the financials and industrials industries or sectors. The components of the Underlying Index are likely to change over time. Prior to the selection of the Underlying Index on December 3, 2018, the Fund tracked the MSCI World ex USA Risk Weighted Index.

ISZE tracks the MSCI World ex USA Low Size Index.

No, ISZE is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, ISZE is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on ISZE is -0.0003%. This is the percent change in the value of ISZE over the most recent 1-month period. The 3-month return on ISZE is -0.0128%. This is the percent change in the value of ISZE over the most recent 3-month period.

The standard deviation of ISZE for the past year is 0.1756%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to ISZE include PBW, IGF, and ARKK.

ETFs correlated to ISZE include IEFA, IDEV, and SPDW.

ETFs that are inversely correlated to ISZE include EFZ, EPV, and SH.