iShares MSCI International Small-Cap Multifactor ETF (ISCF) is an exchange-traded fund that seeks to track the investment results of an index composed of small-capitalization stocks from developed markets outside the United States exhibiting favorable exposure to four target style factors: value, momentum, quality, and low volatility, subject to diversification constraints. The fund provides investors with access to international small-cap equities through a multifactor strategy designed to enhance returns while managing risk via an optimization process that weights securities for improved factor exposure alongside country and sector diversification; it holds approximately 1,100 stocks primarily from Europe, Japan, and other developed Asia-Pacific regions, with up to 20% of assets potentially in futures, options, and swaps for portfolio management. Managed by BlackRock with an expense ratio of 0.23-0.24%, ISCF trades on the NYSE Arca exchange and targets institutional and retail investors seeking broad exposure to foreign small- and mid-cap blend equities.
Launched on April 28, 2015, and headquartered in Wilmington, Delaware as part of BlackRock's iShares family of ETFs, ISCF operates globally with primary exposure to developed markets including Japan, the United Kingdom, Canada, Australia, and continental Europe. In a significant rebranding effective prior to March 1, 2023, the fund changed its name from iShares MSCI Intl Small-Cap Multifactor ETF and shifted its benchmark from the MSCI World ex USA Small Cap Diversified Multiple-Factor Index to align more precisely with the MSCI World ex USA Small-Cap Diversified Multi-Factor Index, refining its factor selection methodology. Recent developments include a semi-annual distribution declaration of $0.7916 per share in December 2025 and sustained asset growth to approximately $542 million as of mid-December 2025, amid strong year-to-date performance exceeding 30% total return. No major acquisitions, partnerships, or new product launches specific to ISCF have been reported in the last 1-2 years, with ongoing focus on index tracking and periodic rebalancing.