FlexShares International Quality Dividend… (IQDF) Performance
IQDF total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +13.5% since Dec 31, 2025
- 1 year
- +19.9% total return
- 5 years
- +10.6% a year
- 10 years
- +9.1% a year
- Since first price
- +6.8% a year since 2013
IQDF trailing returns vs SPY, QQQ, AGG
| Period | IQDF total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −3.8% | −3.8% | −1.0% | −5.0% | +0.9% |
| 3 months | −1.4% | −2.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +3.9% | +1.1% | +7.8% | +8.4% | −1.5% |
| YTD | +13.5% | +10.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +19.9% | +15.8% | +14.4% | +15.9% | −1.1% |
| 3 years | +88.6%+23.6%/yr | +61.6% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +65.8%+10.6%/yr | +28.0% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +138.2%+9.1%/yr | +48.5% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionApr 16, 2013 | +144.7%+6.8%/yr | +34.7% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: IQDF vs SPY
From Apr 16, 2013: IQDF grew to $24,469, SPY to $60,676.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
IQDF returns by calendar year
8 of 12 full years positive. Best 2025 (+35.5%), worst 2018 (−17.4%). 2026 is year to date.
IQDF annual returns table
| Year | IQDF | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +13.5% | −10.0% | +12.3% | +15.1% | −1.0% |
| 2025 | +35.5% | −13.9% | +17.7% | +20.8% | +7.2% |
| 2024 | +6.6% | −9.8% | +24.9% | +25.6% | +1.3% |
| 2023 | +20.1% | −9.0% | +26.2% | +54.9% | +5.7% |
| 2022 | −14.7% | −29.1% | −18.2% | −32.6% | −13.0% |
| 2021 | +10.2% | −8.0% | +28.7% | +27.4% | −1.8% |
| 2020 | +3.4% | −37.0% | +18.3% | +48.6% | +7.5% |
| 2019 | +21.0% | −8.7% | +31.2% | +39.0% | +8.5% |
| 2018 | −17.4% | −25.5% | −4.6% | −0.1% | +0.1% |
| 2017 | +23.9% | −2.8% | +21.7% | +32.7% | +3.6% |
| 2016 | +8.7% | −9.2% | +12.0% | +7.1% | +2.4% |
| 2015 | −9.3% | −20.2% | +1.2% | +9.4% | +0.5% |
| 2014 | −5.9% | −15.8% | +13.5% | +19.2% | +6.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
IQDF largest drawdowns
Now 6.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 26, 2018 | −39.8% | Mar 23, 2020 | Jan 8, 2021 | 2.2 years | 3.0 years |
| Jun 14, 2021 | −30.3% | Oct 12, 2022 | Feb 22, 2024 | 1.3 years | 2.7 years |
| Jul 24, 2014 | −30.3% | Feb 11, 2016 | Jul 20, 2017 | 1.6 years | 3.0 years |
| Mar 17, 2025 | −13.9% | Apr 8, 2025 | May 2, 2025 | 22 days | 46 days |
| May 21, 2013 | −11.5% | Jun 24, 2013 | Sep 11, 2013 | 34 days | 4 months |
| Feb 25, 2026 | −10.0% | Mar 20, 2026 | May 6, 2026 | 23 days | 2 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
IQDF risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2013 |
|---|---|---|---|---|
| Annualized return | +23.6% | +12.1% | +9.3% | +6.8% |
| Volatility (annualized) | 10.9% | 15.0% | 15.2% | 14.8% |
| Sharpe ratio | 1.61 | 0.60 | 0.51 | 0.41 |
| Sortino ratio | 3.06 | 0.96 | 0.76 | 0.61 |
| Best month | +8.2% | +14.6% | +14.6% | +14.6% |
| Worst month | −6.4% | −9.0% | −17.6% | −17.6% |
| Best 12 months | +43.0% | +43.0% | +49.7% | +49.7% |
| Worst 12 months | +6.6% | −25.3% | −25.3% | −25.3% |
| Positive months | 75% | 63% | 62% | 58% |
| Beta vs S&P 500 | 0.53 | 0.70 | 0.78 | — |
| Correlation with S&P 500 | 0.60 | 0.73 | 0.79 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
IQDF rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 151 | −25.3% | +8.9% | +49.7% | 64% |
| 3-year (a year) | 127 | −5.6% | +4.6% | +24.2% | 82% |
| 5-year (a year) | 103 | −3.0% | +4.5% | +13.2% | 88% |
| 10-year (a year) | 43 | +1.6% | +4.4% | +10.3% | 100% |
Every holding period starting at a month-end since 2013. Returns for 3 years and longer are annualized.
IQDF performance overview
FlexShares International Quality Dividend… (IQDF) returned +19.9% over the past year and +9.1% a year over ten years, with distributions reinvested. Since its first recorded price in 2013 it has returned +6.8% a year, turning $10,000 into about $24,469. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −39.8%, from Jan 26, 2018 to Mar 23, 2020, and it took 10 months to get back to the old high. IQDF finished 8 of its 12 full calendar years with a gain; the best year was 2025 (+35.5%) and the worst 2018 (−17.4%). Volatility has been 14.8% a year.
Related: IQDF chart, IQDF holdings, IQDF dividends. See the IQDF overview for the latest quote and fund facts.
IQDF performance FAQ
What is the IQDF return over the past year?
IQDF returned +19.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 15.8%.
What is the average annual return of IQDF?
IQDF has returned +10.6% a year over 5 years, +9.1% a year over 10 years, +6.8% a year since April 16, 2013 (total return, distributions reinvested).
How much would $10,000 invested in IQDF be worth?
$10,000 invested in IQDF at its first recorded close on April 16, 2013 would be worth about $24,469 on October 23, 2026 with distributions reinvested.
What was the worst year for IQDF?
The worst calendar year was 2018, with a total return of −17.4%. The best was 2025 at +35.5%.
What is the biggest drawdown of IQDF?
The largest peak-to-trough decline was −39.8% between January 26, 2018 and March 23, 2020. It recovered to the old high on January 8, 2021, 10 months after the bottom.
How volatile is IQDF?
Over the past 3 years IQDF had an annualized volatility of 10.9% and a Sharpe ratio of 1.61 (excess return over 1–3 month T-bills per unit of risk).