iShares MSCI China A ETF
ALTAR
Score™		 7.2% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 14.1x P/Sales
ratio		 1.3x
P/BV
ratio		 1.4x Div.
yield		 2.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares MSCI China A ETF tracks a market-cap-weighted index of large- and midcap Chinese equity listed in Shanghai and Shenzhen.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor BlackRock
Website www.ishares.com
Inception date Jun 13, 2016
Assets (mns) $218
Currency USD
Expense ratio 60 bp
Distributions Semi-Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 405
Wgt avg mkt cap (mns) $24,841
Large cap (>$10bn) 79.4%
Mid cap ($2-10bn) 20.6%
Small cap (<$2bn) 0.0%
Developed mkts 3.5%
Emerging mkts 96.5%

TOP TEN HOLDINGS
KWEICHOW MOUTAI CO LTD-A 5.2 %
CONTEMPORARY AMPEREX TECHNOLOGY CO 2.9 %
CHINA MERCHANTS BANK -A 2.4 %
BYD CO LTD -A 1.7 %
CHINA YANGTZE POWER CO LTD-A 1.7 %
PING AN INSURANCE (GROUP) COMPANY 1.4 %
WULIANGYE YIBIN CO LTD-A 1.4 %
INDUSTRIAL BANK CO LTD -A 1.2 %
AGRICULTURAL BANK OF CHINA-A 1.1 %
IND & COMM BK OF CHINA - A 1.1 %
Total 20.1 %

TOP COUNTRY EXPOSURE
CHINA 33.2 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
0.2% 7.9% 0.5% -- 3.3%

Market Correlations
versus... Beta R-squared
S&P500 0.26 3%
MSCI EAFE 0.54 14%
MSCI Emg. Mkts. 0.99 45%

Technical Indicators
Recent close $27.91
30d moving avg. $28.43
Annualized volatility 25.5%
Short interest (ETF) 53.4%
Relative strength (RSI) 48

Liquidity measures
Avg. volume (thou.) 191
Turnover 2.5%
Bid/Ask (% of price) 0.10%
ADV underlying (mns) $36,378

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 127 potential alternatives to the iShares MSCI China A ETF ETF based on the alternatives' overlap in portfolio holdings with CNYA. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: CNYA Expense: 60 bp ALTAR Score™: 7.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH CNYA
Ticker Fund
Name		 Overlap1
vs CNYA
(%)		 Expense
ratio
(bp)		 Savings
vs CNYA
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs CNYA
(%)
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 65.4 65 -5 7.9 +0.6
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 39.6 55 5 8.1 +0.9
KALL KraneShares MSCI All China Index ETF 32.2 49 11 15.3 +8.0
RAYC Rayliant Quantamental China Equity ETF 30.5 80 -20 9.0 +1.8
CXSE WisdomTree China ex-State-Owned Enterprises Fund 20.9 32 28 17.8 +10.5
TCHI iShares MSCI China Multisector Tech ETF 18.1 59 1 22.4 +15.1
JCHI JPMorgan Active China ETF 15.7 65 -5 16.8 +9.6
MCH Matthews China Active ETF 11.6 79 -19 15.3 +8.1
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 10.7 60 0 8.0 +0.7
FLCH Franklin FTSE China ETF 10.2 19 41 17.2 +10.0
MCHI iShares MSCI China ETF 10.0 59 1 17.8 +10.6
KGRN KraneShares MSCI China Clean Technology Index ETF 8.5 79 -19 3.8 -3.5
OBOR KraneShares MSCI One Belt One Road Index ETF 7.8 79 -19 7.7 +0.5
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 6.2 25 35 6.5 -0.8
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 6.0 32 28 9.6 +2.4
BKF iShares MSCI BIC ETF 5.8 69 -9 13.0 +5.8
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 5.8 72 -12 -1.2 -8.4
EV Mast Global Battery Recycling & Production ETF 5.7 65 -5 11.6 +4.4
GXC SPDR S&P China ETF 5.6 59 1 16.7 +9.5
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 5.3 50 10 11.6 +4.3
DEM WisdomTree Emerging Markets High Dividend Fund 5.0 63 -3 13.6 +6.4
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 5.0 65 -5 4.4 -2.8
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 4.8 45 15 11.0 +3.8
KURE KraneShares MSCI All China Health Care Index ETF 4.7 65 -5 3.2 -4.1
GSFP Goldman Sachs Future Planet Equity ETF 4.6 75 -15 4.8 -2.4
CHIQ Global X MSCI China Consumer Discretionary ETF 4.3 65 -5 13.7 +6.5
LIT Global X Lithium & Battery Tech ETF 4.2 75 -15 5.9 -1.3
FLAX Franklin FTSE Asia Ex Japan ETF 4.0 19 41 10.8 +3.6
NUEM Nuveen ESG Emerging Markets Equity ETF 4.0 36 24 8.1 +0.9
EEMA iShares MSCI Emerging Markets Asia ETF 4.0 49 11 10.7 +3.5
ESGE iShares ESG Aware MSCI EM ETF 3.9 25 35 10.7 +3.5
AAXJ iShares MSCI All Country Asia ex Japan ETF 3.8 70 -10 9.8 +2.6
BATT Amplify Lithium & Battery Technology ETF 3.5 59 1 3.8 -3.4
ECON Columbia Emerging Markets Consumer ETF 3.5 49 11 12.9 +5.7
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 3.5 33 27 10.6 +3.4
DEHP Dimensional Emerging Markets High Profitability ETF 3.4 41 19 6.5 -0.7
ICLN iShares Global Clean Energy ETF 3.3 41 19 6.4 -0.9
MINV Matthews Asia Innovators Active ETF 3.3 79 -19 7.7 +0.5
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 3.2 15 45 10.8 +3.5
IBAT iShares Energy Storage & Materials ETF 3.2 47 13 5.3 -1.9
MEM Matthews Emerging Markets Equity Active ETF 3.2 79 -19 8.5 +1.3
EEM iShares MSCI Emerging Markets ETF 3.1 69 -9 10.7 +3.5
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 3.0 30 30 9.3 +2.1
VWO Vanguard FTSE Emerging Markets ETF 3.0 8 52 10.9 +3.7
BKEM BNY Mellon Emerging Markets Equity ETF 2.9 11 49 11.8 +4.6
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 2.9 66 -6 10.2 +2.9
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 2.8 15 45 8.6 +1.4
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 2.8 36 24 11.2 +4.0
IEMG iShares Core MSCI Emerging Markets ETF 2.7 9 51 10.9 +3.7
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 2.6 44 16 11.0 +3.8
CQQQ Invesco China Technology ETF 2.6 70 -10 18.3 +11.1
EMXF iShares ESG Advanced MSCI EM ETF 2.6 16 44 8.4 +1.2
BLLD JPMorgan Sustainable Infrastructure ETF 2.6 49 11 4.8 -2.4
CGRO CoreValues Alpha Greater China Growth ETF 2.6 75 -15 4.0 -3.3
EMGF iShares Emerging Markets Equity Factor ETF 2.5 25 35 12.4 +5.2
TTAI FCF International Quality ETF 2.4 59 1 6.9 -0.3
TEMP JPMorgan Climate Change Solutions ETF 2.2 49 11 5.9 -1.4
LDEM iShares ESG MSCI EM Leaders ETF 2.1 17 43 12.9 +5.6
DFEV Dimensional Emerging Markets Value ETF 2.0 43 17 14.5 +7.2
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 1.9 41 19 9.4 +2.1
GMF SPDR S&P Emerging Asia Pacific ETF 1.9 49 11 10.0 +2.8
PXH Invesco FTSE RAFI Emerging Markets ETF 1.9 49 11 16.7 +9.4
XT iShares Exponential Technologies ETF 1.8 46 14 5.5 -1.7
DFAE Dimensional Emerging Core Equity Market ETF 1.8 35 25 10.2 +3.0
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.8 45 15 0.0 -7.2
JHEM John Hancock Multifactor Emerging Markets ETF 1.8 49 11 10.5 +3.3
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 1.8 59 1 13.7 +6.4
SPEM SPDR Portfolio Emerging Markets ETF 1.6 7 53 10.9 +3.7
IGRO iShares International Dividend Growth ETF 1.5 15 45 7.3 +0.1
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.4 38 22 9.9 +2.7
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 1.3 30 30 10.6 +3.3
EVLU iShares MSCI Emerging Markets Value Factor ETF 1.3 35 25 21.6 +14.3
VEGI iShares MSCI Agriculture Producers ETF 1.3 39 21 8.8 +1.5
ETEC iShares Breakthrough Environmental Solutions ETF 1.2 47 13 5.8 -1.5
JSTC Adasina Social Justice All Cap Global ETF 1.2 89 -29 4.5 -2.8
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.2 46 14 10.4 +3.2
ACWV iShares MSCI Global Min Vol Factor ETF 1.2 20 40 7.6 +0.3
RAYS Global X Solar ETF 1.1 51 9 6.3 -1.0
ACWX iShares MSCI ACWI ex U.S. ETF 1.0 34 26 8.1 +0.9
VEU Vanguard FTSE All-World ex-US Index Fund 1.0 8 52 8.5 +1.2
AIS VistaShares Artificial Intelligence Supercycle ETF 0.9 75 -15 4.6 -2.6
IWTR iShares MSCI Water Management Multisector ETF 0.9 47 13 6.5 -0.8
IXUS iShares Core MSCI Total International Stock ETF 0.9 7 53 8.3 +1.1
VIGI Vanguard International Dividend Appreciation ETF 0.8 15 45 6.2 -1.0
ION ProShares S&P Global Core Battery Metals ETF 0.8 58 2 11.2 +4.0
VYMI Vanguard International High Dividend Yield ETF 0.8 22 38 10.0 +2.8
VXUS Vanguard Total International Stock ETF 0.8 7 53 8.3 +1.1
JIG JPMorgan International Growth ETF 0.8 55 5 4.8 -2.4
GLOF iShares Global Equity Factor ETF 0.8 20 40 7.0 -0.3
VSGX Vanguard ESG International Stock ETF 0.8 12 48 8.2 +0.9
RING iShares MSCI Global Gold Miners ETF 0.8 39 21 5.8 -1.4
KSTR KraneShares SSE STAR Market 50 Index ETF 0.7 89 -29 1.6 -5.6
SDG iShares MSCI Global Sustainable Development Goals ETF 0.7 49 11 6.0 -1.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.7 20 40 6.3 -0.9
AGMI Themes Silver Miners ETF 0.6 35 25 3.1 -4.2
DMAT Global X Disruptive Materials ETF 0.6 59 1 9.2 +1.9
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.6 41 19 7.1 -0.1
ADIV SmartETFs Asia Pacific Dividend Builder ETF 0.6 78 -18 9.6 +2.4
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.5 18 42 8.1 +0.9
URAN Themes Uranium & Nuclear ETF 0.5 35 25 2.7 -4.6
CGXU Capital Group International Focus Equity ETF 0.5 54 6 5.9 -1.4
PICK iShares MSCI Global Metals & Mining Producers ETF 0.5 39 21 14.1 +6.9
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.5 58 2 10.1 +2.9
CWI SPDR MSCI ACWI ex-US ETF 0.4 30 30 8.2 +1.0
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.4 30 30 8.6 +1.4
LIMI Themes Lithium & Battery Metal Miners ETF 0.4 35 25 0.0 -7.2
ERTH Invesco MSCI Sustainable Future ETF 0.4 62 -2 2.5 -4.8
VCLN Virtus Duff & Phelps Clean Energy ETF 0.4 59 1 6.2 -1.1
ICOP iShares Copper and Metals Mining ETF 0.4 47 13 10.0 +2.7
ACWI iShares MSCI ACWI ETF 0.4 32 28 6.1 -1.2
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.3 12 48 5.2 -2.1
EMC Global X Emerging Markets Great Consumer ETF 0.3 75 -15 8.5 +1.2
VT Vanguard Total World Stock ETF 0.3 7 53 6.4 -0.9
CHAT Roundhill Generative AI & Technology ETF 0.3 75 -15 14.8 +7.6
SDEM Global X MSCI SuperDividend Emerging Markets ETF 0.3 67 -7 13.3 +6.1
ILIT iShares Lithium Miners and Producers ETF 0.3 47 13 7.0 -0.2
ROBO ROBO Global Robotics & Automation Index ETF 0.2 95 -35 4.0 -3.3
FBOT Fidelity Disruptive Automation ETF 0.2 50 10 4.0 -3.3
ZSB USCF Sustainable Battery Metals Strategy Fund 0.2 61 -1 17.4 +10.2
FILL iShares MSCI Global Energy Producers ETF 0.2 39 21 11.4 +4.2
CNXT VanEck ChiNext ETF 0.2 65 -5 5.9 -1.4
GMET VanEck Green Metals ETF 0.1 63 -3 10.8 +3.6
EFRA iShares Environmental Infrastructure and Industrials ETF 0.1 47 13 4.4 -2.9
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.1 12 48 7.7 +0.4
SCHE Schwab Emerging Markets Equity ETF 0.1 11 49 11.6 +4.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 51 6.0 -1.3
KROP Global X AgTech & Food Innovation ETF 0.1 50 10 7.0 -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

  2020 2021 2022 2023 2024 2025E 2026E
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
  2024 2025E 2026E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

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

UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 10.4 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 60 bp
Equals: ALTAR Score 7.2 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.45 CATEGORY
AVERAGE		 1.50
 
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.