iShares MSCI KLD 400 Social ETF
ALTAR
Score™		 6.5% info Recommen-
dation		 UNDERWEIGHT
2020E    2021E
P/E
ratio		 16.9x P/Sales
ratio		 2.1x
P/BV
ratio		 3.2x Div.
yield		 2.2%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares MSCI KLD 400 Social ETF is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond generally to the MSCI KLD 400 Social Index, which tracks common stocks of companies that are within the MSCI USA IMI Index and are determined to have positive environmental, social and governance characteristics.

FUND BASICS
Category US Equities
Fund Sponsor BlackRock Fund Advisors
Website www.ishares.com
Inception date Nov 17, 2006
Assets (mns) $1,578
Currency USD
Expense ratio 25 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 404
Wgt avg mkt cap (mns) $250,105
Large cap (>$10bn) 93.6%
Mid cap ($2-10bn) 6.0%
Small cap (<$2bn) 0.5%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
MICROSOFT CORP 9.4 %
FACEBOOK 3.3 %
ALPHABET INC. CLASS C 3.0 %
ALPHABET INC. CLASS A 2.9 %
VISA INC-CLASS A SHARES 2.4 %
PROCTER & GAMBLE CO/THE 2.4 %
INTEL CORP 2.0 %
MASTERCARD INC-CLASS A 1.9 %
VERIZON COMMUNICATIONS INC 1.9 %
HOME DEPOT INC 1.8 %
Total 31.0 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.2 %
IRELAND 1.8 %
BRITAIN 1.4 %
SWITZERLAND 0.7 %
SINGAPORE 0.0 %
BERMUDA 0.0 %
NETHERLANDS 0.0 %




HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 29)
Year-to-date 1 year 5 years 10 years Since Incep.
-7.0% 9.1% 9.0% 11.8% 7.7%

Market Correlations
versus... Beta R-squared
S&P500 0.98 99%
MSCI EAFE 0.92 76%
MSCI Emg. Mkts. 0.66 58%

Technical Indicators
Recent close $99.23
30d moving avg. $107.38
Annualized volatility 13.0%
Short interest (ETF) 0.1%
Short interest (Underlying) 2.8%
Relative strength (RSI) 37

Liquidity measures
Avg. volume (thou.) 67
Turnover 0.4%
Bid/Ask (% of price) 0.28%
ADV underlying (mns) $165,583

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the iShares MSCI KLD 400 Social ETF ETF based on the alternatives' overlap in portfolio holdings with DSI. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: DSI Expense: 25 bp ALTAR Score™: 6.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH DSI
Ticker Fund
Name		 Overlap1
vs DSI
(%)		 Expense
ratio
(bp)		 Savings
vs DSI
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs DSI
(%)
SUSL iShares ESG MSCI USA Leaders ETF 85.5 10 15 6.7 +0.2
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 85.3 10 15 6.7 +0.2
IQSU IQ Candriam ESG US Equity ETF 64.4 9 16 6.4 -0.1
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 62.9 49 -24 5.2 -1.2
ESGU iShares MSCI USA ESG Optimized ETF 59.6 15 10 6.4 -0.1
SNPE Xtrackers S&P 500 ESG ETF 58.1 11 14 6.6 +0.1
HSPX Global X S&P 500 Covered Call ETF 58.0 65 -40 6.1 -0.3
VOOG Vanguard S&P 500 Growth ETF 57.9 10 15 5.5 -1.0
SPYG SPDR Portfolio S&P 500 Growth ETF 57.9 4 21 5.5 -0.9
IVW iShares S&P 500 Growth ETF 57.9 18 7 5.4 -1.1
IUSG iShares Core S&P US Growth ETF 56.7 4 21 5.7 -0.8
PBP Invesco S&P 500 BuyWrite ETF 56.4 49 -24 6.5 +0.0
VEGN US Vegan Climate ETF 56.3 60 -35 6.7 +0.2
VUG Vanguard Growth Index Fund 55.8 4 21 5.3 -1.2
IWF iShares Russell 1000 Growth ETF 55.7 19 6 5.4 -1.1
VONG Vanguard Russell 1000 Growth Index Fund 55.5 8 17 5.5 -1.0
IWY iShares Russell Top 200 Growth ETF 55.2 20 5 5.3 -1.2
SPXV ProShares S&P 500 Ex-Health Care ETF 54.7 27 -2 6.5 +0.0
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 54.6 20 5 6.4 -0.1
CATH Global X S&P 500 Catholic Values Custom ETF 54.5 29 -4 6.7 +0.2
SPXN ProShares S&P 500 Ex-Financials ETF 53.8 27 -2 6.4 -0.1
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 53.2 20 5 6.8 +0.3
ESGV Vanguard ESG U.S. Stock ETF 53.2 12 13 6.7 +0.2
SPXE ProShares S&P 500 Ex-Energy ETF 53.0 27 -2 6.7 +0.2
NULC Nuveen ESG Large-Cap ETF 52.6 20 5 6.6 +0.1
MGC Vanguard Mega Cap Index Fund 52.5 7 18 6.6 +0.1
IVV iShares Core S&P 500 ETF 52.5 4 21 6.8 +0.4
SPY SPDR S&P 500 ETF Trust 52.5 9 16 6.8 +0.3
IWL iShares Russell Top 200 ETF 52.4 15 10 6.4 -0.1
VOO VANGUARD S&P 500 ETF 52.4 3 22 6.8 +0.4
SPLG SPDR Portfolio Large Cap ETF 52.3 3 22 6.9 +0.4
VV Vanguard Large-Cap Index Fund 52.0 4 21 6.7 +0.2
MMTM SPDR S&P 1500 Momentum Tilt ETF 51.9 12 13 6.4 -0.0
XOUT GraniteShares XOUT U.S. Large Cap ETF 51.8 60 -35 5.7 -0.8
PBUS Invesco PureBeta MSCI USA ETF 51.2 4 21 6.8 +0.3
BBUS JP Morgan Betabuilders U.S. Equity ETF 51.2 2 23 6.8 +0.3
QUS SPDR MSCI USA StrategicFactors ETF 51.1 15 10 7.0 +0.5
NACP Impact Shares NAACP Minority Empowerment ETF 51.0 75 -50 6.0 -0.5
SCHG Schwab U.S. Large-Cap Growth ETF 50.4 4 21 5.4 -1.1
SCHX Schwab U.S. Large-Cap ETF 50.3 3 22 6.7 +0.3
SFY SoFi Select 500 ETF 50.3 0 25 6.4 -0.1
JQUA JPMorgan U.S. Quality Factor ETF 50.0 12 13 6.4 -0.1
WOMN Impact Shares YWCA Women's Empowerment ETF 49.9 75 -50 6.0 -0.5
MGK Vanguard Mega Cap Growth ETF 49.6 7 18 5.4 -1.1
VONE Vanguard Russell 1000 ETF 49.4 8 17 6.7 +0.3
SPTM SPDR Portfolio Total Stock Market ETF 49.4 3 22 7.0 +0.5
IWB iShares Russell 1000 ETF 49.3 15 10 6.7 +0.2
OEF iShares S&P 100 ETF 49.1 20 5 6.1 -0.4
ESG FlexShares STOXX US ESG Impact Index Fund 49.1 32 -7 6.5 +0.0
SCHK Schwab 1000 Index ETF 48.9 5 20 6.7 +0.3
EPS WisdomTree U.S. Earnings 500 Fund 48.8 8 17 8.1 +1.7
IYY iShares Dow Jones U.S. ETF 48.7 20 5 6.6 +0.2
JHML John Hancock Multifactor Large Cap ETF 48.3 34 -9 7.1 +0.6
SPXT ProShares S&P 500 Ex-Technology ETF 48.1 27 -2 7.1 +0.6
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 47.5 9 16 7.0 +0.5
RECS Columbia Research Enhanced Core ETF 47.5 15 10 7.2 +0.7
XLG Invesco S&P 500 Top 50 ETF 47.3 20 5 5.7 -0.7
VTHR Vanguard Russell 3000 Index Fund 46.9 10 15 6.6 +0.2
SCHB Schwab U.S. Broad Market ETF 46.8 3 22 6.7 +0.3
ITOT iShares Core S&P Total U.S. Stock Market ETF 46.8 3 22 6.7 +0.2
IWV iShares Russell 3000 ETF 46.8 20 5 6.5 +0.1
VTI Vanguard Total Stock Market Index Fund 46.6 3 22 6.7 +0.2
DGRO iShares Core Dividend Growth ETF 46.5 8 17 8.1 +1.6
DLN WisdomTree U.S. LargeCap Dividend Fund 46.2 28 -3 7.7 +1.3
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 45.9 19 6 7.3 +0.8
SCHV Schwab U.S. Large-Cap Value ETF 45.5 4 21 8.6 +2.1
OMFL Oppenheimer Russell 1000 Dynamic Multifactor ETF 45.4 29 -4 5.4 -1.1
DIVB iShares U.S. Dividend & Buyback ETF 45.3 25 0 8.4 +1.9
SUSA iShares MSCI USA ESG Select ETF 45.1 25 0 6.0 -0.5
FQAL Fidelity Quality Factor ETF 44.7 29 -4 6.8 +0.3
IUS Invesco Strategic US ETF 44.5 19 6 7.6 +1.2
DYNF BlackRock U.S. Equity Factor Rotation ETF 44.3 30 -5 7.6 +1.1
DTD WisdomTree U.S.Total Dividend Fund 44.1 28 -3 8.2 +1.7
EXT WisdomTree U.S. Total Earnings Fund 44.0 28 -3 7.3 +0.8
TMFC Motley Fool 100 Index ETF 44.0 50 -25 4.8 -1.7
AVUS Avantis U.S. Equity ETF 43.6 15 10 7.6 +1.2
RAFE PIMCO RAFI ESG U.S. ETF 42.9 29 -4 9.8 +3.3
IETC iShares Evolved U.S. Technology ETF 42.4 18 7 5.1 -1.4
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 42.4 75 -50 4.7 -1.7
FNDX Schwab Fundamental U.S. Large Co. Index ETF 41.7 25 0 8.0 +1.5
VTV Vanguard Value Index Fund 41.4 4 21 8.8 +2.3
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 40.6 29 -4 7.8 +1.4
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 40.3 15 10 6.7 +0.2
IVE iShares S&P 500 Value ETF 40.2 18 7 8.7 +2.2
VOOV Vanguard S&P 500 Value ETF 40.1 15 10 8.8 +2.3
SPYV SPDR Portfolio S&P 500 Value ETF 40.0 4 21 8.8 +2.4
IUSV iShares Core S&P U.S. Value ETF 39.9 4 21 9.0 +2.5
IGM iShares North American Tech ETF 39.9 46 -21 5.0 -1.4
FNDB Schwab Fundamental U.S. Broad Market Index ETF 39.8 25 0 8.1 +1.7
PRF Invesco FTSE RAFI US 1000 ETF 39.3 39 -14 8.8 +2.3
VONV Vanguard Russell 1000 Value Index Fund 39.0 8 17 8.9 +2.4
QUAL iShares MSCI Usa Quality Factor ETF 39.0 15 10 6.6 +0.1
IWD iShares Russell 1000 Value ETF 38.9 19 6 8.7 +2.3
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 38.4 25 0 8.2 +1.7
RSP Invesco S&P 500 Equal Weight ETF 38.3 20 5 8.3 +1.8
QQQ Invesco QQQ Trust 37.8 20 5 5.2 -1.3
NUSI Nationwide Risk-Managed Income ETF 37.8 68 -43 4.9 -1.6
QYLD Global X NASDAQ 100 Covered Call ETF 37.8 60 -35 4.8 -1.7
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 37.6 9 16 7.7 +1.2
KRMA Global X Conscious Companies ETF 37.5 43 -18 7.0 +0.6

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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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 MSCI KLD 400 Social 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 20.7 %
Divided by: Fwd. P/BV 3.1 x
Less: Expense ratio 25 bp
Equals: ALTAR Score 6.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.44 CATEGORY
AVERAGE		 1.52
 
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.