iShares Select Dividend ETF
ALTAR
Score™
9.3% info Recommen-
dation
SPECULATIVE
2020E    2021E
P/E
ratio
15.6x P/Sales
ratio
1.2x
P/BV
ratio
1.4x Div.
yield
4.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares Select Dividend Index Fund seeks investment results that correspond to the price and yield performance of the Dow Jones Select Dividend Index. The index consists of the stocks with consistent history of paying and increasing dividends.

FUND BASICS
Category US Equities
Fund Sponsor Barclays Global Investors
Website www.ishares.com
Inception date Nov 03, 2003
Assets (mns) $12,973
Currency USD
Expense ratio 39 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian State Street Bank & Trust
Weighting Dividend
Index replication n/a
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 101
Wgt avg mkt cap (mns) $49,536
Large cap (>$10bn) 78.5%
Mid cap ($2-10bn) 21.3%
Small cap (<$2bn) 0.2%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ALTRIA GROUP INC 2.5 %
PRUDENTIAL FINANCIAL INC 2.2 %
LYONDELLBASELL INDU-CL A 2.0 %
PHILIP MORRIS INTERNATIONAL 2.0 %
INTERNATIONAL PAPER CO 2.0 %
WELLS FARGO & CO 2.0 %
AT&T INC 1.8 %
PPL CORPORATION 1.8 %
CBS CORP-CLASS B NON VOTING 1.8 %
EXXON MOBIL CORP 1.7 %
Total 19.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 93.8 %
IRELAND 2.4 %
BRITAIN 2.4 %
SWITZERLAND 0.8 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-18.0% -10.0% 6.5% 10.5% 6.7%

Market Correlations
versus... Beta R-squared
S&P500 0.96 85%
MSCI EAFE 1.02 82%
MSCI Emg. Mkts. 0.72 64%

Technical Indicators
Recent close $85.60
30d moving avg. $85.00
Annualized volatility 18.2%
Short interest (ETF) 0.4%
Short interest (Underlying) 3.9%
Relative strength (RSI) 55

Liquidity measures
Avg. volume (thou.) 713
Turnover 0.5%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $5,890

Distributions


FINDING ALTERNATIVE FUNDS

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

Benchmark ticker: DVY Expense: 39 bp ALTAR Score™: 9.3%


ALTERNATIVE ETFs BASED ON OVERLAP WITH DVY
Ticker Fund
Name
Overlap1
vs DVY
(%)
Expense
ratio
(bp)
Savings
vs DVY
(bp)
ALTAR
Score™
(%)
ALTAR
vs DVY
(%)
SPYD SPDR S&P 500 High Dividend ETF 47.8 7 32 10.9 +1.6
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 46.8 35 4 8.3 -1.0
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 40.2 35 4 8.3 -1.0
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 35.2 30 9 9.2 -0.1
DTN WisdomTree U.S. Dividend ex-Financials Fund 35.2 38 1 7.8 -1.6
SDOG ALPS Sector Dividend Dogs ETF 34.8 40 -1 10.0 +0.7
JDIV JPMorgan U.S. Dividend ETF 34.2 12 27 7.6 -1.7
DHS WisdomTree U.S. High Dividend Fund 33.0 38 1 8.6 -0.7
SPDV AAM S&P 500 High Dividend Value ETF 32.4 29 10 9.8 +0.5
RDIV Invesco S&P Ultra Dividend Revenue ETF 31.8 39 0 10.2 +0.9
PEY Invesco High Yield Equity Dividend Achievers ETF 31.3 52 -13 9.7 +0.3
VYM Vanguard High Dividend Yield Index ETF 31.1 6 33 7.3 -2.0
FDL First Trust Morningstar Dividend Leaders Index Fund 30.9 45 -6 10.0 +0.7
TPHD Timothy Plan High Dividend Stock ETF 30.6 52 -13 7.4 -2.0
USDY Pacific Global US Equity Income ETF 30.4 29 10 7.1 -2.3
SCHD Schwab U.S. Dividend Equity ETF 30.1 6 33 7.8 -1.5
GBDV Global Beta Smart Income ETF 27.7 29 10 8.3 -1.1
LVHD Legg Mason Low Volatility High Dividend ETF 26.8 27 12 8.1 -1.2
DLN WisdomTree U.S. LargeCap Dividend Fund 26.4 28 11 6.9 -2.5
JKI iShares Morningstar Mid-Cap Value ETF 26.2 30 9 8.8 -0.5
DURA VanEck Vectors Morningstar Durable Dividend ETF 26.0 29 10 6.9 -2.4
DTD WisdomTree U.S.Total Dividend Fund 26.0 28 11 7.0 -2.3
MAGA Point Bridge GOP Stock Tracker ETF 25.9 72 -33 6.2 -3.1
FTA First Trust Large Cap Value AlphaDEX Fund 25.5 60 -21 9.0 -0.4
RNDV US Equity Dividend Select ETF 25.3 50 -11 7.8 -1.5
ONEY SPDR Russell 1000 Yield Focus ETF 25.1 20 19 8.7 -0.6
SCHV Schwab U.S. Large-Cap Value ETF 24.9 4 35 7.0 -2.3
ESGS Columbia Sustainable U.S. Equity Income ETF 24.9 35 4 8.7 -0.6
DEW WisdomTree Global High Dividend Fund 24.7 58 -19 9.4 +0.1
VOOV Vanguard S&P 500 Value ETF 24.3 10 29 7.2 -2.2
VTV Vanguard Value Index Fund 24.3 4 35 7.2 -2.1
MGV Vanguard Mega Cap Value ETF 24.2 7 32 7.1 -2.3
IVE iShares S&P 500 Value ETF 23.9 18 21 7.1 -2.2
SPYV SPDR Portfolio S&P 500 Value ETF 23.9 4 35 7.2 -2.1
JKF iShares Morningstar Large Cap Value ETF 23.5 25 14 7.5 -1.8
WBIY WBI Power Factor High Dividend ETF 23.4 70 -31 10.8 +1.4
FDRR Fidelity Dividend ETF for Rising Rates 23.4 29 10 7.5 -1.8
AUSF Global X Adaptive U.S. Factor ETF 23.3 27 12 9.1 -0.3
IUSV iShares Core S&P U.S. Value ETF 23.1 4 35 7.3 -2.0
FDVV Fidelity Core Dividend ETF 22.6 29 10 7.4 -1.9
FVD First Trust Value Line Dividend Index Fund 22.4 70 -31 6.2 -3.2
QDEF FlexShares Quality Dividend Defensive Index Fund 22.1 37 2 6.8 -2.5
OUSA O'Shares FTSE US Quality Dividend ETF 22.1 48 -9 6.4 -2.9
LSLT Salt Low truBeta US Market ETF 21.9 29 10 5.9 -3.4
JVAL JPMorgan U.S. Value Factor ETF 21.8 12 27 8.7 -0.6
SPVU Invesco S&P 500 Enhanced Value ETF 21.7 13 26 11.4 +2.1
DGRO iShares Core Dividend Growth ETF 21.6 8 31 6.8 -2.5
REVS Columbia Research Enhanced Value ETF 21.4 19 20 7.3 -2.0
VPU Vanguard Utilities Index Fund 21.3 10 29 5.9 -3.5
JHMU John Hancock Multifactor Utilities ETF 21.3 40 -1 6.2 -3.1
FUTY Fidelity MSCI Utilities Index ETF 21.2 8 31 6.0 -3.3
PRF Invesco FTSE RAFI US 1000 ETF 21.0 39 0 7.1 -2.3
QDYN FlexShares Quality Dividend Dynamic Index Fund 21.0 37 2 6.9 -2.4
PFM Invesco Dividend Achievers ETF 20.9 53 -14 5.3 -4.1
FNDX Schwab Fundamental U.S. Large Co. Index ETF 20.8 25 14 7.2 -2.2
IDU iShares U.S. Utilities ETF 20.8 43 -4 5.6 -3.8
IWX iShares Russell Top 200 Value ETF 20.7 20 19 6.7 -2.7
VALQ American Century STOXX U.S. Quality Value ETF 20.6 29 10 8.9 -0.4
DIVB iShares U.S. Dividend & Buyback ETF 20.5 25 14 7.0 -2.3
SPVM Invesco S&P 500 Value with Momentum ETF 20.4 39 0 8.7 -0.6
JMIN JPMorgan U.S. Minimum Volatility ETF 20.4 12 27 5.5 -3.9
SDY SPDR S&P Dividend ETF 20.3 35 4 7.0 -2.3
RAFE PIMCO RAFI ESG U.S. ETF 20.1 29 10 7.5 -1.8
FLQL Franklin LibertyQ U.S. Equity ETF 20.1 15 24 6.2 -3.1
IWD iShares Russell 1000 Value ETF 20.1 19 20 6.8 -2.6
VONV Vanguard Russell 1000 Value Index Fund 20.0 8 31 6.9 -2.5
EQWL Invesco Russell Top 200 Equal Weight ETF 19.8 25 14 6.1 -3.3
FXU First Trust Utilities AlphaDEX Fund 19.8 63 -24 6.2 -3.1
HDV iShares Core High Dividend ETF 19.6 8 31 6.8 -2.5
VLU SPDR S&P 1500 Value Tilt ETF 19.5 12 27 7.4 -1.9
FNDB Schwab Fundamental U.S. Broad Market Index ETF 19.5 25 14 7.2 -2.2
PY Principal Shareholder Yield Index ETF 19.4 15 24 9.2 -0.1
RYF Invesco S&P 500 Equal Weight Financials ETF 19.4 40 -1 9.5 +0.2
RYU Invesco S&P 500 Equal Weight Utilities ETF 19.3 40 -1 6.3 -3.0
XLU Utilities Select Sector SPDR Fund 19.2 13 26 5.8 -3.5
NULV Nuveen ESG Large-Cap Value ETF 19.1 35 4 7.1 -2.2
IFRA iShares U.S. Infrastructure ETF 18.9 40 -1 5.9 -3.5
RPV Invesco S&P 500 Pure Value ETF 18.6 35 4 10.7 +1.3
COWZ Pacer US Cash Cows 100 ETF 18.5 49 -10 10.3 +1.0
JPUS JPMorgan Diversified Return U.S. Equity ETF 18.3 18 21 6.1 -3.2
RWL Invesco S&P 500 Revenue ETF 18.1 39 0 7.2 -2.1
VOE Vanguard Mid-Cap Value Index Fund 18.0 7 32 7.6 -1.8
JXI iShares Global Utilities ETF 17.9 46 -7 6.0 -3.4
SPHB Invesco S&P 500 High Beta ETF 17.8 25 14 8.6 -0.7
VFVA Vanguard U.S. Value Factor ETF 17.8 14 25 10.8 +1.5
IUS Invesco Strategic US ETF 17.8 19 20 6.9 -2.4
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 17.7 15 24 6.9 -2.5
VLUE iShares Edge MSCI USA Value Factor ETF 17.4 15 24 11.3 +2.0
DON WisdomTree U.S. MidCap Dividend Fund 17.4 38 1 7.5 -1.8
LVUS Hartford Multifactor Low Volatility US Equity ETF 17.1 19 20 5.8 -3.5
EPS WisdomTree U.S. Earnings 500 Fund 17.1 8 31 7.1 -2.3
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 16.8 29 10 6.2 -3.1
PWV Invesco Dynamic Large Cap Value ETF 16.6 56 -17 8.1 -1.3
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 16.6 15 24 6.6 -2.7
QDF FlexShares Quality Dividend Index Fund 16.5 37 2 6.8 -2.5
ROUS Hartford Multifactor US Equity ETF 16.5 19 20 6.4 -2.9
SPXT ProShares S&P 500 Ex-Technology ETF 16.4 27 12 5.5 -3.9
FAB First Trust Multi Cap Value AlphaDEX Fund 16.3 71 -32 9.5 +0.2
SCIU Global X Scientific Beta US ETF 16.1 19 20 5.7 -3.6
WLDR Affinity World Leaders Equity ETF 16.1 47 -8 9.5 +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

  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 Select Dividend ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE

Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 13.0 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 39 bp
Equals: ALTAR Score 9.3 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.67 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.