iShares Russell 1000 Pure U.S. Revenue ETF
ALTAR
Score™
6.7% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
19.7x P/Sales
ratio
1.5x
P/BV
ratio
2.0x Div.
yield
2.6%


  • 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) $4
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 417
Wgt avg mkt cap (mns) $95,148
Large cap (>$10bn) 85.9%
Mid cap ($2-10bn) 13.6%
Small cap (<$2bn) 0.5%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
UNITEDHEALTH GROUP INC 4.3 %
HOME DEPOT INC 4.0 %
VERIZON COMMUNICATIONS INC 3.5 %
BERKSHIRE HATHAWAY INC-CL B 3.4 %
AT&T INC 3.4 %
COMCAST CORP-CL A 2.7 %
BANK OF AMERICA CORP 2.6 %
NEXTERA ENERGY GROUP 1.9 %
UNION PACIFIC CORP 1.8 %
LOWE'S COS INC 1.5 %
Total 28.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 98.7 %
IRELAND 0.2 %
BERMUDA 0.1 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-11.7% 1.5% -- -- 5.2%

Market Correlations
versus... Beta R-squared
S&P500 0.98 92%
MSCI EAFE 1.00 83%
MSCI Emg. Mkts. 0.73 65%

Technical Indicators
Recent close $27.39
30d moving avg. $25.40
Annualized volatility 18.0%
Short interest (ETF) 1.1%
Relative strength (RSI) 67

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.7%
Bid/Ask (% of price) 0.26%
ADV underlying (mns) $70,396

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the iShares Russell 1000 Pure U.S. Revenue ETF 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™: 6.7%


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 ETF 42.4 19 -4 5.5 -1.1
SPYV SPDR Portfolio S&P 500 Value ETF 38.2 4 11 7.2 +0.5
IUSV iShares Core S&P U.S. Value ETF 38.2 4 11 7.3 +0.6
IVE iShares S&P 500 Value ETF 38.2 18 -3 7.1 +0.4
IWD iShares Russell 1000 Value ETF 38.1 19 -4 6.9 +0.2
VOOV Vanguard S&P 500 Value ETF 38.0 15 0 7.1 +0.4
VONV Vanguard Russell 1000 Value Index Fund 37.9 8 7 7.0 +0.4
VTV Vanguard Value Index Fund 33.4 4 11 7.2 +0.5
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 33.4 9 6 5.8 -0.8
PRF Invesco FTSE RAFI US 1000 ETF 32.2 39 -24 6.7 -0.0
DTD WisdomTree U.S.Total Dividend Fund 32.1 28 -13 6.5 -0.2
SIZE iShares Edge MSCI USA Size Factor ETF 32.1 15 0 5.8 -0.8
EUSA iShares MSCI USA Equal Weighted ETF 31.9 15 0 5.9 -0.7
VLU SPDR S&P 1500 Value Tilt ETF 31.8 12 3 7.0 +0.4
USLB Invesco Russell 1000 Low Beta Equal Weight ETF 31.6 35 -20 5.7 -1.0
IWX iShares Russell Top 200 Value ETF 31.2 20 -5 6.9 +0.2
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 31.0 29 -14 6.5 -0.2
JHMM John Hancock Multifactor Mid Cap ETF 30.8 44 -29 5.6 -1.1
SCIU Global X Scientific Beta US ETF 30.8 19 -4 5.6 -1.0
CFA VictoryShares US 500 Volatility Weighted Index ETF 30.6 35 -20 5.7 -1.0
RWL Invesco S&P 500 Revenue ETF 30.2 39 -24 6.7 +0.0
REVS Columbia Research Enhanced Value ETF 30.2 19 -4 7.4 +0.7
IWS iShares Russell Mid-Cap Value ETF 30.2 24 -9 7.0 +0.3
SPXT ProShares S&P 500 Ex-Technology ETF 30.2 27 -12 5.6 -1.1
RSP Invesco S&P 500 Equal Weight ETF 30.2 20 -5 6.7 0.0
MGV Vanguard Mega Cap Value ETF 30.0 7 8 7.0 +0.4
DLN WisdomTree U.S. LargeCap Dividend Fund 30.0 28 -13 6.3 -0.4
JHML John Hancock Multifactor Large Cap ETF 29.8 34 -19 5.5 -1.2
VEGN US Vegan Climate ETF 29.7 60 -45 5.2 -1.5
DYNF BlackRock U.S. Equity Factor Rotation ETF 29.5 30 -15 6.6 -0.0
PFM Invesco Dividend Achievers ETF 29.5 54 -39 5.3 -1.4
USDY Pacific Global US Equity Income ETF 29.3 29 -14 7.6 +0.9
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 29.1 17 -2 6.4 -0.3
EQAL Invesco Russell 1000 Equal Weight ETF 29.1 20 -5 5.0 -1.7
FNDX Schwab Fundamental U.S. Large Co. Index ETF 28.9 25 -10 6.4 -0.2
ONEO SPDR Russell 1000 Momentum Focus ETF 28.5 20 -5 6.4 -0.3
JKD iShares Morningstar Large-Cap ETF 28.3 20 -5 5.8 -0.9
EPS WisdomTree U.S. Earnings 500 Fund 28.2 8 7 6.4 -0.3
FNDB Schwab Fundamental U.S. Broad Market Index ETF 28.2 25 -10 6.4 -0.3
SCHV Schwab U.S. Large-Cap Value ETF 28.2 4 11 7.0 +0.3
JPUS JPMorgan Diversified Return U.S. Equity ETF 28.0 19 -4 6.1 -0.5
RNLC Large Cap US Equity Select ETF 28.0 60 -45 6.1 -0.6
USMV iShares Edge MSCI Min Vol USA ETF 27.8 15 0 5.6 -1.0
VYM Vanguard High Dividend Yield Index ETF 27.6 6 9 7.1 +0.4
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 27.5 29 -14 6.1 -0.6
IYF iShares U.S. Financials ETF 27.2 42 -27 6.8 +0.1
ONEV SPDR Russell 1000 Low Volatility Focus ETF 27.0 20 -5 6.9 +0.2
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 26.5 47 -32 6.3 -0.4
IUS Invesco Strategic US ETF 26.4 19 -4 6.1 -0.6
FEX First Trust Large Cap Core AlphaDEX Fund 26.3 60 -45 5.9 -0.7
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 26.2 9 6 5.5 -1.1
AVUS Avantis U.S. Equity ETF 26.1 15 0 5.7 -1.0
SPMV Invesco S&P 500 Minimum Variance ETF 25.9 10 5 5.7 -1.0
QUS SPDR MSCI USA StrategicFactors ETF 25.9 15 0 5.8 -0.9
DGRO iShares Core Dividend Growth ETF 25.6 8 7 6.4 -0.3
ROUS Hartford Multifactor US Equity ETF 25.5 19 -4 7.1 +0.4
DGRW WisdomTree U.S. Quality Dividend Growth Fund 25.4 28 -13 6.5 -0.2
CATH Global X S&P 500 Catholic Values Custom ETF 25.3 29 -14 5.3 -1.4
JVAL JPMorgan U.S. Value Factor ETF 25.2 12 3 8.6 +1.9
PBP Invesco S&P 500 BuyWrite ETF 25.1 49 -34 5.1 -1.6
IWB iShares Russell 1000 ETF 24.9 15 0 5.2 -1.5
RECS Columbia Research Enhanced Core ETF 24.9 15 0 5.6 -1.1
FMK First Trust Mega Cap AlphaDEX Fund 24.9 70 -55 5.2 -1.5
VONE Vanguard Russell 1000 ETF 24.7 8 7 5.3 -1.4
FLQL Franklin LibertyQ U.S. Equity ETF 24.7 15 0 6.2 -0.5
HSPX Global X S&P 500 Covered Call ETF 24.6 65 -50 4.9 -1.8
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 24.6 24 -9 5.9 -0.8
IEFN iShares Evolved U.S. Financials ETF 24.5 18 -3 8.8 +2.1
SFY SoFi Select 500 ETF 24.5 0 15 5.3 -1.4
TUSA First Trust Total US Market AlphaDEX ETF 24.5 70 -55 5.9 -0.8
IYY iShares Dow Jones U.S. ETF 24.4 20 -5 5.2 -1.5
SCHK Schwab 1000 Index ETF 24.3 5 10 5.3 -1.4
VO Vanguard Mid-Cap Index Fund 24.2 4 11 5.4 -1.3
SCHX Schwab U.S. Large-Cap ETF 24.1 3 12 5.3 -1.3
RAFE PIMCO RAFI ESG U.S. ETF 24.0 29 -14 7.6 +0.9
JMIN JPMorgan U.S. Minimum Volatility ETF 23.9 12 3 5.7 -0.9
MXDU Nationwide Maximum Diversification US Core Equity ETF 23.9 34 -19 5.2 -1.5
DHS WisdomTree U.S. High Dividend Fund 23.9 38 -23 8.3 +1.6
DIVB iShares U.S. Dividend & Buyback ETF 23.9 25 -10 6.4 -0.3
JMOM JPMorgan U.S. Momentum Factor ETF 23.8 12 3 3.9 -2.8
EXT WisdomTree U.S. Total Earnings Fund 23.6 28 -13 5.7 -1.0
SPXV ProShares S&P 500 Ex-Health Care ETF 23.6 27 -12 5.1 -1.6
VV Vanguard Large-Cap Index Fund 23.5 4 11 5.3 -1.4
VTI Vanguard Total Stock Market Index Fund 23.5 3 12 5.2 -1.5
PBUS Invesco PureBeta MSCI USA ETF 23.5 4 11 5.3 -1.4
IWV iShares Russell 3000 ETF 23.4 20 -5 5.1 -1.6
SCHB Schwab U.S. Broad Market ETF 23.4 3 12 5.3 -1.4
BBUS JP Morgan Betabuilders U.S. Equity ETF 23.4 2 13 5.4 -1.3
ITOT iShares Core S&P Total U.S. Stock Market ETF 23.4 3 12 5.2 -1.5
VTHR Vanguard Russell 3000 Index Fund 23.3 10 5 5.2 -1.5
AFLG First Trust Active Factor Large Cap ETF 23.2 55 -40 5.5 -1.1
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 23.2 25 -10 6.1 -0.6
SPLG SPDR Portfolio Large Cap ETF 23.2 3 12 5.5 -1.2
SPXE ProShares S&P 500 Ex-Energy ETF 23.2 27 -12 5.4 -1.3
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 23.2 20 -5 5.4 -1.2
SPTM SPDR Portfolio Total Stock Market ETF 23.1 3 12 5.5 -1.1
IVV iShares Core S&P 500 ETF 23.1 4 11 5.4 -1.2
SPY SPDR S&P 500 ETF Trust 23.1 9 6 5.4 -1.3
VOO VANGUARD S&P 500 ETF 23.0 3 12 5.5 -1.2
RVRS Reverse Cap Weighted U.S. Large Cap ETF 22.6 29 -14 7.1 +0.4

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

  2015 2016 2017 2018 2019 2020E 2021E
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

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VALUATION METRICS
  2019 2020E 2021E
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 ETF
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 13.1 %
Divided by: Fwd. P/BV 1.9 x
Less: Expense ratio 15 bp
Equals: ALTAR Score 6.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.52 CATEGORY
AVERAGE
1.53
 
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.