The year is young, but already, a clear theme is emerging: investors are looking to add international equities exposure to their portfolios. ETFs already offer a wide variety of options for investors to get that exposure, but which fund or funds make the most sense? In that category, a factor or quality view can really help get that extra oomph, with this rising ETF a strong candidate.
The fund? QINT, the American Century Quality Diversified International ETF, charges a 40 basis point (bps) fee to track the American Century Quality Diversified International Equity Index. The international equities ETF targets ex-U.S. mid and large cap stocks showing some strong numbers in key metrics.
That includes healthy financials, strong growth prospects, and appealing fundamentals compared to their price. The fund also maintains a degree of flexibility between value and growth views that can help the strategy get more out of its approach.
International Equities ETF QINT: One to Watch
QINT has returned 13.1% over the last three months per ETF Database data with that index strategy. In doing so, it has beaten its ETF Database Category average over three months and over the last one and three year periods. QINT returned 38.8% over the last year, according to ETF Database data.
What, then, of the fund’s outlook this year? According to YCharts data, the fund has returned 7% YTD, beating the MSCI ACWI ex USA Net Total Return index in that time. The ETF’s price has been on a steady ascent for almost a full year, with its price above both its 50 and 200-day Simple Moving Averages (SMA) on YCharts, a traditional buy signal in tech chart analysis.
What’s more, it has done so while remaining outside of overbought territory most of the way through. Its focus on large and midcap firms meeting those aforementioned metrics could give it a leg up against the international equities index ETF competition. For those looking at options to bolster or create an international equities allocation, QINT can be part of the conversation.
VettaFi.com is owned by VettaFi LLC (“VettaFi”). VettaFi is the index provider for OINT, for which it receives an index licensing fee. However, QINT is not issued, sponsored, endorsed, or sold by VettaFi. VettaFi has no obligation or liability in connection with the issuance, administration, marketing, or trading of QINT.
