iShares MSCI China Multisector Tech ETF
ALTAR
Score™		 3.0% info Recommen-
dation		 AVOID
2024E    2025E
P/E
ratio		 13.3x P/Sales
ratio		 1.1x
P/BV
ratio		 1.7x Div.
yield		 1.2%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
TCHI tracks a market cap-weighted index of large- and mid-cap Chinese equities in technology and technology-related industries.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Blackrock
Website www.ishares.com/us/products/325390/
Inception date Jan 25, 2022
Assets (mns) $7
Currency USD
Expense ratio 59 bp
Distributions Semi-annual

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Market Cap
Index replication
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 193
Wgt avg mkt cap (mns) $47,618
Large cap (>$10bn) 60.2%
Mid cap ($2-10bn) 38.7%
Small cap (<$2bn) 1.1%
Developed mkts 15.7%
Emerging mkts 84.4%

TOP TEN HOLDINGS
NEW ORIENTAL EDUCATION & TECHNOLOG 4.9 %
PINDUODUO, INC. SPONSORED ADR CLAS 4.5 %
ALIBABA GROUP HOLDING LTD. 4.2 %
BAIDU, INC. CLASS A 4.1 %
NETEASE, INC 4.0 %
JD.COM, INC. CLASS A 3.5 %
TENCENT HOLDINGS LTD 3.5 %
XIAOMI CORP. CLASS B 3.5 %
LENOVO GROUP LTD 3.5 %
KUAISHOU TECHNOLOGY CLASS B 3.1 %
Total 38.7 %

TOP COUNTRY EXPOSURE
CHINA 90.7 %
HONG KONG 6.7 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-7.0% -17.2% -- -- -15.4%

Market Correlations
versus... Beta R-squared
S&P500 0.58 9%
MSCI EAFE 1.06 29%
MSCI Emg. Mkts. 1.55 68%

Technical Indicators
Recent close $16.60
30d moving avg. $17.44
Annualized volatility 37.7%
Short interest (ETF) 0.7%
Relative strength (RSI) 55

Liquidity measures
Avg. volume (thou.) 2
Turnover 0.5%
Bid/Ask (% of price) 0.40%
ADV underlying (mns) $19,013

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 248 potential alternatives to the iShares MSCI China Multisector Tech ETF ETF based on the alternatives' overlap in portfolio holdings with TCHI. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: TCHI Expense: 59 bp ALTAR Score™: 3.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH TCHI
Ticker Fund
Name		 Overlap1
vs TCHI
(%)		 Expense
ratio
(bp)		 Savings
vs TCHI
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs TCHI
(%)
KTEC KraneShares Hang Seng TECH Index ETF 40.0 69 -10 -3.9 -6.8
KWEB KraneShares CSI China Internet ETF 39.5 69 -10 -0.7 -3.6
CXSE WisdomTree China ex-State-Owned Enterprises Fund 35.7 32 27 5.6 +2.6
FLCH Franklin FTSE China ETF 27.2 19 40 9.5 +6.6
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 27.0 86 -27 2.0 -1.0
CQQQ Invesco China Technology ETF 27.0 70 -11 -5.6 -8.5
MCHI iShares MSCI China ETF 26.7 59 0 8.9 +5.9
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 25.0 60 -1 0.9 -2.0
FXI iShares China Large-Cap ETF 24.6 74 -15 9.6 +6.6
FDNI First Trust Dow Jones International Internet ETF 24.5 65 -6 2.8 -0.1
KALL KraneShares MSCI All China Index ETF 24.2 49 10 9.3 +6.3
CHIQ Global X MSCI China Consumer Discretionary ETF 22.9 65 -6 5.3 +2.4
GXC SPDR S&P China ETF 22.4 59 0 8.9 +6.0
JCHI JPMorgan Active China ETF 22.1 65 -6 7.8 +4.9
MCH Matthews China Active ETF 21.6 79 -20 6.0 +3.0
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 19.6 65 -6 8.7 +5.7
CN Xtrackers MSCI All China Equity ETF 17.9 50 9 8.4 +5.5
KFVG KraneShares CICC China 5G & Semiconductor Index ETF 17.2 65 -6 4.7 +1.8
BKF iShares MSCI BIC ETF 17.1 69 -10 7.0 +4.1
CGRO CoreValues Alpha Greater China Growth ETF 17.0 75 -16 2.6 -0.4
ECON Columbia Emerging Markets Consumer ETF 16.2 49 10 4.7 +1.8
CNYA iShares MSCI China A ETF 15.9 60 -1 8.4 +5.5
AIA iShares Asia 50 ETF 13.1 50 9 6.8 +3.9
LDEM iShares ESG MSCI EM Leaders ETF 12.4 17 42 7.7 +4.8
EEMA iShares MSCI Emerging Markets Asia ETF 12.3 49 10 6.6 +3.7
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 11.9 20 39 7.4 +4.5
FLAX Franklin FTSE Asia Ex Japan ETF 11.9 19 40 7.1 +4.2
RAYC Rayliant Quantamental China Equity ETF 11.8 80 -21 8.5 +5.5
AAXJ iShares MSCI All Country Asia ex Japan ETF 11.6 70 -11 6.2 +3.3
FCA First Trust China AlphaDEX Fund 11.3 80 -21 17.6 +14.6
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 10.9 33 26 7.1 +4.2
GMF SPDR S&P Emerging Asia Pacific ETF 10.8 49 10 6.3 +3.4
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 10.7 30 29 7.4 +4.5
PXH Invesco FTSE RAFI Emerging Markets ETF 10.6 49 10 12.3 +9.4
IVRS iShares Future Metaverse Tech and Communications ETF 10.6 47 12 -5.3 -8.3
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 10.6 15 44 7.0 +4.0
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 10.6 66 -7 7.2 +4.2
ARVR First Trust Indxx Metaverse ETF 10.5 70 -11 2.5 -0.5
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 10.4 32 27 6.2 +3.3
EEM iShares MSCI Emerging Markets ETF 10.4 69 -10 6.9 +4.0
PGJ Invesco Golden Dragon China ETF 10.2 70 -11 5.0 +2.0
VWO Vanguard FTSE Emerging Markets ETF 10.1 8 51 7.5 +4.6
ESGE iShares ESG Aware MSCI EM ETF 10.1 25 34 7.6 +4.7
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 9.9 45 14 8.5 +5.6
SCHE Schwab Emerging Markets Equity ETF 9.9 11 48 7.5 +4.6
EMC Global X Emerging Markets Great Consumer ETF 9.8 75 -16 4.9 +1.9
NUEM Nuveen ESG Emerging Markets Equity ETF 9.8 36 23 6.8 +3.8
BKEM BNY Mellon Emerging Markets Equity ETF 9.7 11 48 7.7 +4.8
FDEM Fidelity Emerging Markets Multifactor ETF 9.3 25 34 11.8 +8.9
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 9.2 36 23 7.4 +4.5
IEMG iShares Core MSCI Emerging Markets ETF 9.1 9 50 7.5 +4.5
EMXF iShares ESG Advanced MSCI EM ETF 8.9 16 43 7.4 +4.4
MINV Matthews Asia Innovators Active ETF 8.8 79 -20 2.8 -0.1
DEHP Dimensional Emerging Markets High Profitability ETF 8.7 41 18 7.2 +4.3
SPEM SPDR Portfolio Emerging Markets ETF 8.7 7 52 7.4 +4.5
CHAT Roundhill Generative AI & Technology ETF 8.5 75 -16 4.2 +1.3
KGRN KraneShares MSCI China Clean Technology Index ETF 8.3 79 -20 6.2 +3.3
MOTI VanEck Morningstar International Moat ETF 8.3 58 1 6.9 +4.0
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 8.3 47 12 0.7 -2.3
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 8.3 41 18 7.7 +4.8
DFAE Dimensional Emerging Core Equity Market ETF 7.9 35 24 7.7 +4.7
SOCL Global X Social Media ETF 7.5 65 -6 -5.7 -8.6
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 7.3 39 20 12.4 +9.5
EMGF iShares Emerging Markets Equity Factor ETF 7.2 25 34 8.6 +5.6
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 7.1 65 -6 6.1 +3.1
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 7.0 55 4 8.3 +5.3
GGME Invesco Next Gen Media and Gaming ETF 7.0 60 -1 4.1 +1.1
FMET Fidelity Metaverse ETF 7.0 39 20 4.3 +1.4
DFEM Dimensional Emerging Markets Core Equity 2 ETF 6.8 38 21 8.2 +5.2
MEM Matthews Emerging Markets Equity Active ETF 6.7 79 -20 5.7 +2.8
AFTY Pacer CSOP FTSE China A50 ETF 6.5 70 -11 9.1 +6.1
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 6.1 95 -36 11.3 +8.3
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 6.0 45 14 6.2 +3.2
IWFH iShares Virtual Work and Life Multisector ETF 5.8 47 12 -3.5 -6.4
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 5.8 59 0 9.5 +6.6
JHEM John Hancock Multifactor Emerging Markets ETF 5.8 49 10 8.3 +5.3
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 5.7 30 29 8.5 +5.6
EBIZ Global X E-Commerce ETF 5.6 50 9 1.2 -1.8
IXP iShares Global Comm Services ETF 5.4 42 17 5.3 +2.4
DSTX Distillate International Fundamental Stability & Value ETF 5.3 55 4 8.1 +5.1
METV Roundhill Ball Metaverse ETF 5.2 59 0 3.3 +0.4
EMFQ Amplify Emerging Markets FinTech ETF 5.1 69 -10 5.4 +2.5
AVEM Avantis Emerging Markets Equity ETF 5.1 33 26 9.0 +6.1
OND ProShares On-Demand ETF 4.8 58 1 -2.5 -5.4
ETEC iShares Breakthrough Environmental Solutions ETF 4.7 47 12 5.2 +2.2
ESPO VanEck Video Gaming and eSports ETF 4.6 56 3 4.5 +1.5
ODDS Pacer BlueStar Digital Entertainment ETF 4.6 60 -1 3.0 +0.0
OGIG ALPS O'Shares Global Internet Giants ETF 4.6 48 11 0.5 -2.5
FPXI First Trust International Equity Opportunities ETF 4.5 70 -11 3.7 +0.7
ONLN ProShares Online Retail ETF 4.5 58 1 3.0 +0.1
TTAI FCF International Quality ETF 4.5 59 0 7.4 +4.5
DFEV Dimensional Emerging Markets Value ETF 4.0 43 16 10.8 +7.8
KSTR KraneShares SSE STAR Market 50 Index ETF 3.9 89 -30 2.5 -0.5
JIG JPMorgan International Growth ETF 3.8 55 4 4.3 +1.4
WRND IQ Global Equity R&D Leaders ETF 3.8 18 41 7.2 +4.3
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 3.7 18 41 7.9 +4.9
ANEW ProShares MSCI Transformational Changes ETF 3.6 45 14 3.4 +0.4
RAYS Global X Solar ETF 3.5 51 8 4.5 +1.6
TAN Invesco Solar ETF 3.5 67 -8 6.1 +3.1
LIT Global X Lithium & Battery Tech ETF 3.5 75 -16 9.8 +6.9
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 3.5 40 19 7.1 +4.2
BUYZ Franklin Disruptive Commerce ETF 3.5 50 9 2.1 -0.9
GSFP Goldman Sachs Future Planet Equity ETF 3.4 75 -16 4.5 +1.5
AIQ Global X Artificial Intelligence & Technology ETF 3.4 68 -9 4.2 +1.2
GBUY Goldman Sachs Future Consumer Equity ETF 3.3 75 -16 3.1 +0.2
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 3.2 50 9 10.4 +7.4
IPOS Renaissance International IPO ETF 3.1 80 -21 -163.9 -166.8
AVES Avantis Emerging Markets Value ETF 3.1 36 23 12.0 +9.0
BATT Amplify Lithium & Battery Technology ETF 3.1 59 0 2.8 -0.2
SDG iShares MSCI Global Sustainable Development Goals ETF 3.1 49 10 5.7 +2.8
NXTG First Trust Indxx NextG ETF 3.0 70 -11 6.0 +3.0
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 3.0 72 -13 2.1 -0.9
IBUY Amplify Online Retail ETF 3.0 65 -6 1.8 -1.2
ACWX iShares MSCI ACWI ex U.S. ETF 2.9 34 25 6.7 +3.8
EV Mast Global Battery Recycling & Production ETF 2.9 65 -6 12.8 +9.8
FLHK Franklin FTSE Hong Kong ETF 2.9 9 50 7.3 +4.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 2.9 41 18 6.6 +3.7
ROAM Hartford Multifactor Emerging Markets ETF 2.9 44 15 11.6 +8.7
VEU Vanguard FTSE All-World ex-US Index Fund 2.9 8 51 7.2 +4.2
RXI iShares Global Consumer Discretionary ETF 2.9 41 18 5.6 +2.6
ISHP First Trust Nasdaq Retail ETF 2.8 60 -1 3.1 +0.2
MRAD SmartETFs Advertising & Marketing Technology ETF 2.8 68 -9 4.2 +1.3
CWI SPDR MSCI ACWI ex-US ETF 2.7 30 29 6.8 +3.9
ECNS iShares MSCI China Small-Cap ETF 2.7 59 0 13.6 +10.6
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 2.7 25 34 7.0 +4.0
MOTG VanEck Morningstar Global Wide Moat ETF 2.6 52 7 5.8 +2.8
VXUS Vanguard Total International Stock ETF 2.6 7 52 7.1 +4.2
IXUS iShares Core MSCI Total International Stock ETF 2.6 7 52 6.9 +4.0
GTEK Goldman Sachs Future Tech Leaders Equity ETF 2.6 75 -16 3.1 +0.2
AADR AdvisorShares Dorsey Wright ADR ETF 2.5 110 -51 5.3 +2.4
VIDI Vident International Equity Strategy ETF 2.5 61 -2 11.9 +9.0
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 2.4 57 2 3.8 +0.9
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 2.4 60 -1 9.9 +7.0
KOIN Capital Link Global Fintech Leaders ETF 2.4 75 -16 4.6 +1.7
ICLN iShares Global Clean Energy ETF 2.3 41 18 4.3 +1.3
CTEC Global X CleanTech ETF 2.2 50 9 0.9 -2.0
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 2.2 42 17 6.8 +3.9
SMOG VanEck Low Carbon Energy ETF 2.2 61 -2 2.9 -0.0
XNTK SPDR NYSE Technology ETF 2.2 35 24 4.0 +1.0
VSGX Vanguard ESG International Stock ETF 2.1 12 47 6.8 +3.9
WUGI AXS Esoterica NextG Economy ETF 2.0 75 -16 2.1 -0.8
KOCG FIS Knights of Columbus Global Belief ETF 2.0 75 -16 5.3 +2.4
GINN Goldman Sachs Innovate Equity ETF 1.8 52 7 2.7 -0.3
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.7 30 29 7.8 +4.8
FRNW Fidelity Clean Energy ETF 1.7 39 20 3.7 +0.7
PBD Invesco Global Clean Energy ETF 1.7 75 -16 -3.8 -6.8
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.6 61 -2 -4.2 -7.2
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 1.6 90 -31 6.9 +3.9
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.6 45 14 4.8 +1.8
CLNR IQ Cleaner Transport ETF 1.6 45 14 8.2 +5.2
OBOR KraneShares MSCI One Belt One Road Index ETF 1.6 79 -20 10.4 +7.4
IPO Renaissance IPO ETF 1.5 60 -1 -3.2 -6.2
UMMA Wahed Dow Jones Islamic World ETF 1.5 65 -6 4.3 +1.3
XT iShares Exponential Technologies ETF 1.5 46 13 3.9 +0.9
UEVM VictoryShares Emerging Markets Value Momentum ETF 1.4 45 14 12.6 +9.6
BWEB Bitwise Web3 ETF 1.4 85 -26 1.0 -2.0
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 1.4 75 -16 5.2 +2.3
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 1.4 44 15 10.2 +7.3
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 1.3 79 -20 5.1 +2.1
MVPS Amplify Thematic All-Stars ETF 1.2 49 10 1.6 -1.3
EMMF WisdomTree Emerging Markets Multifactor Fund 1.2 48 11 9.3 +6.3
ERTH Invesco MSCI Sustainable Future ETF 1.2 62 -3 3.6 +0.7
DTEC ALPS Disruptive Technologies ETF 1.1 50 9 3.3 +0.3
SATO Invesco Alerian Galaxy Crypto Economy ETF 1.1 61 -2 -14.3 -17.2
ACWI iShares MSCI ACWI ETF 1.1 32 27 5.5 +2.5
FEM First Trust Emerging Markets AlphaDEX Fund 1.0 80 -21 16.1 +13.1
KBUY KraneShares CICC China Consumer Leaders Index ETF 1.0 69 -10 0.0 -3.0
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.0 12 47 5.1 +2.1
IOO iShares Global 100 ETF 1.0 41 18 4.8 +1.9
TRFM AAM Transformers ETF 1.0 49 10 1.3 -1.7
VT Vanguard Total World Stock ETF 1.0 7 52 5.8 +2.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.0 9 50 5.7 +2.8
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.0 58 1 4.8 +1.9
APIE ActivePassive International Equity ETF 0.9 45 14 7.7 +4.8
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.9 20 39 5.6 +2.7
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.9 65 -6 8.4 +5.5
CGXU Capital Group International Focus Equity ETF 0.9 54 5 4.1 +1.2
FCLD Fidelity Cloud Computing ETF 0.9 39 20 2.4 -0.6
RODE Hartford Multifactor Diversified International ETF 0.9 29 30 11.5 +8.5
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.8 35 24 4.8 +1.9
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.8 80 -21 14.0 +11.1
IVES Wedbush ETFMG Global Cloud Technology ETF 0.7 68 -9 1.4 -1.5
JFWD Jacob Forward ETF 0.7 75 -16 0.0 -3.0
BECO BlackRock Future Climate and Sustainable Economy ETF 0.7 70 -11 13.7 +10.8
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.6 58 1 10.0 +7.0
DEM WisdomTree Emerging Markets High Dividend Fund 0.6 63 -4 12.8 +9.9
ACWV iShares MSCI Global Min Vol Factor ETF 0.6 20 39 6.7 +3.8
IMFL Invesco International Developed Dynamic Multifactor ETF 0.6 34 25 10.6 +7.6
DGT SPDR Global Dow ETF 0.6 50 9 6.7 +3.7
KOMP SPDR S&P Kensho New Economies Composite ETF 0.6 20 39 2.1 -0.9
QQQ Invesco QQQ Trust Series I 0.6 20 39 4.7 +1.7
QQQM Invesco NASDAQ 100 ETF 0.6 15 44 4.7 +1.8
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.6 47 12 10.2 +7.3
KNCT Invesco Next Gen Connectivity ETF 0.6 40 19 5.9 +3.0
IQDF FlexShares International Quality Dividend Index Fund 0.6 47 12 10.7 +7.7
IGPT Invesco AI and Next Gen Software ETF 0.6 60 -1 3.8 +0.8
CNRG SPDR S&P Kensho Clean Power ETF 0.6 45 14 -7.4 -10.3
IQDE FlexShares International Quality Dividend Defensive Index ET 0.5 47 12 10.6 +7.7
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.5 65 -6 1.6 -1.3
VCLN Virtus Duff & Phelps Clean Energy ETF 0.5 59 0 3.5 +0.5
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 0.4 20 39 10.7 +7.8
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.4 70 -11 7.2 +4.2
BTEK Future Tech ETF 0.4 88 -29 2.1 -0.9
IDAT iShares Future Cloud 5G and Tech ETF 0.4 47 12 4.5 +1.6
BLLD JPMorgan Sustainable Infrastructure ETF 0.4 49 10 6.2 +3.3
ONEQ Fidelity Nasdaq Composite Index ETF 0.4 21 38 3.9 +0.9
JPIN J.P. Morgan Diversified Return International Equity ETF 0.4 37 22 8.7 +5.8
DMAT Global X Disruptive Materials ETF 0.3 59 0 9.7 +6.8
QQMG Invesco ESG NASDAQ 100 ETF 0.3 20 39 4.7 +1.8
TEMP JPMorgan Climate Change Solutions ETF 0.3 49 10 4.6 +1.7
FPAG FPA Global Equity ETF 0.3 49 10 5.7 +2.7
PNQI Invesco NASDAQ Internet ETF 0.3 60 -1 2.6 -0.3
FBCG Fidelity Blue Chip Growth ETF 0.3 59 0 2.5 -0.4
QINT American Century Quality Diversified International ETF 0.3 39 20 7.4 +4.5
FINX Global X FinTech ETF 0.3 68 -9 3.3 +0.3
SDIV Global X Superdividend ETF 0.3 58 1 17.5 +14.6
ECOW Pacer Emerging Markets Cash Cows 100 ETF 0.3 70 -11 11.2 +8.3
HAP VanEck Natural Resources ETF 0.3 50 9 9.6 +6.7
CCSO Carbon Collective Climate Solutions US Equity ETF 0.2 35 24 2.3 -0.7
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.2 46 13 8.9 +6.0
IXN iShares Global Tech ETF 0.2 41 18 4.4 +1.4
IGRO iShares International Dividend Growth ETF 0.2 15 44 7.1 +4.2
ZSB USCF Sustainable Battery Metals Strategy Fund 0.2 61 -2 14.8 +11.9
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.2 49 10 6.7 +3.7
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.2 50 9 5.8 +2.9
JSTC Adasina Social Justice All Cap Global ETF 0.2 89 -30 4.8 +1.9
VYMI Vanguard International High Dividend Yield ETF 0.2 22 37 9.7 +6.8
SDEM Global X MSCI SuperDividend Emerging Markets ETF 0.2 67 -8 17.3 +14.4
DVYE iShares Emerging Markets Dividend ETF 0.1 49 10 16.3 +13.3
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 -6 7.6 +4.6
CNXT VanEck ChiNext ETF 0.1 65 -6 4.1 +1.1
FNDC Schwab Fundamental International Small Co. Index ETF 0.1 39 20 6.9 +3.9
VPL Vanguard FTSE Pacific ETF 0.1 8 51 6.9 +4.0
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 7 52 6.5 +3.5
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.1 45 14 8.5 +5.6
ADIV SmartETFs Asia Pacific Dividend Builder ETF 0.1 78 -19 8.8 +5.8
GLOF iShares Global Equity Factor ETF 0.1 20 39 7.1 +4.1
FNDF Schwab Fundamental International Large Co. Index ETF 0.1 25 34 9.1 +6.1
HFXI IQ FTSE International Equity Currency Neutral ETF 0.1 20 39 6.8 +3.8
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.1 24 35 8.6 +5.6
SCHF Schwab International Equity ETF 0.1 6 53 7.0 +4.1
VEA Vanguard FTSE Developed Markets ETF 0.0 5 54 7.0 +4.1
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 20 7.6 +4.7
IQSI IQ Candriam International Equity ETF 0.0 15 44 6.4 +3.5
GSID Goldman Sachs MarketBeta International Equity ETF 0.0 20 39 6.7 +3.7
BKIE BNY Mellon International Equity ETF 0.0 4 55 6.9 +4.0
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 56 6.9 +4.0
KRUZ Unusual Whales Subversive Republican Trading ETF 0.0 75 -16 5.0 +2.1

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2019 2020 2021 2022 2023 2024E 2025E
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OTHER FUNDAMENTAL METRICS

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Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2023 2024E 2025E
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Historical valuation trends

Forward
multiple:		 iShares MSCI China Multisector Tech ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 5.8 %
Divided by: Fwd. P/BV 1.6 x
Less: Expense ratio 59 bp
Equals: ALTAR Score 3.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.27 CATEGORY
AVERAGE		 1.39
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.