iShares Russell 1000 Pure U.S. Revenue
ALTAR
Score™
6.6% info Recommen-
dation
OVERWEIGHT
2019E    2020E
P/E
ratio
16.5x P/Sales
ratio
1.5x
P/BV
ratio
2.2x Div.
yield
2.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares Russell 1000 Pure US Revenue ETF tracks a market-cap-weighted index of large- and midcap US stocks that generate a substantial portion of their revenue from domestic sales.

FUND BASICS
Category US Equities
Fund Sponsor BlackRock
Website www.ishares.com
Inception date Aug 08, 2017
Assets (mns) $6
Currency USD
Expense ratio 15 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 418
Wgt avg mkt cap (mns) $102,761
Large cap (>$10bn) 84.7%
Mid cap ($2-10bn) 15.1%
Small cap (<$2bn) 0.3%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
AT&T INC 3.8 %
BERKSHIRE HATHAWAY INC-CL B 3.6 %
HOME DEPOT INC 3.4 %
BANK OF AMERICA CORP 3.4 %
VERIZON COMMUNICATIONS INC 3.3 %
UNITEDHEALTH GROUP INC 3.2 %
COMCAST CORP-CL A 2.7 %
WELLS FARGO & CO 2.6 %
UNION PACIFIC CORP 1.7 %
NEXTERA ENERGY GROUP 1.4 %
Total 29.2 %

TOP COUNTRY EXPOSURE
UNITED STATES 98.9 %
IRELAND 0.2 %
BERMUDA 0.1 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
20.1% 10.3% -- -- 10.3%

Market Correlations
versus... Beta R-squared
S&P500 0.84 87%
MSCI EAFE 0.82 64%
MSCI Emg. Mkts. 0.55 45%

Technical Indicators
Recent close $29.67
30d moving avg. $29.10
Annualized volatility 12.6%
Short interest (ETF) 0.0%
Relative strength (RSI) 72

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.5%
Bid/Ask (% of price) 0.17%
ADV underlying (mns) $50,229

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the iShares Russell 1000 Pure U.S. Revenue ETF based on the alternatives' overlap in portfolio holdings with AMCA. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: AMCA Expense: 15 bp ALTAR Score™: 6.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH AMCA
Ticker Fund
Name
Overlap1
vs AMCA
(%)
Expense
ratio
(bp)
Savings
vs AMCA
(bp)
ALTAR
Score™
(%)
ALTAR
vs AMCA
(%)
IWR iShares Russell Midcap 44.1 19 -4 6.0 -0.6
OVLU Invesco Russell 1000 Value Factor ETF 40.8 19 -4 7.9 +1.4
IWD iShares Russell 1000 Value 39.1 19 -4 7.0 +0.5
VONV Vanguard Russell 1000 Value 39.0 12 3 7.1 +0.5
OYLD Invesco Russell 1000 Yield Factor ETF 33.8 19 -4 7.1 +0.5
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity 33.6 9 6 6.5 -0.1
IYF iShares DJ US Financials 33.4 42 -27 6.2 -0.4
VTV Vanguard Value ETF 33.3 4 11 7.3 +0.7
IWS iShares Russell Midcap Value 33.2 24 -9 7.0 +0.5
IUSV iShares Core U.S. Value 33.0 4 11 7.2 +0.6
PRF Invesco FTSE-RAFI U.S. 1000 33.0 39 -24 6.7 +0.1
SPYV SPDR Portfolio S&P 500 Value 32.8 4 11 7.2 +0.6
IVE iShares S&P 500 Value 32.8 18 -3 7.0 +0.4
VOOV Vanguard S&P 500 Value 32.7 15 0 7.0 +0.5
DEUS Xtrackers Russell 1000 Comprehensive Factor 32.6 17 -2 6.4 -0.2
SCIU Global X Scientific Beta US 32.5 19 -4 5.7 -0.9
VLU SPDR S&P 1500 Value Tilt 32.4 12 3 7.5 +0.9
SIZE iShares MSCI USA Size Factor 32.3 15 0 6.4 -0.2
ONEO SPDR Russell 1000 Momentum Focus 32.2 20 -5 6.5 -0.1
FEX First Trust Large Cap Core Alphadex 32.0 61 -46 6.4 -0.2

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

  2014 2015 2016 2017 2018 2019E 2020E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

Content on this tab for subscribers only

VALUATION METRICS
  2018 2019E 2020E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
iShares Russell 1000 Pure U.S. Revenue
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 13.6 %
Divided by: Fwd. P/BV 2.0 x
Less: Expense ratio 15 bp
Equals: ALTAR Score 6.6 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.55 CATEGORY
AVERAGE
1.55
 
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.