iShares MSCI China Small-Cap ETF
ALTAR
Score™		 14.5% info Recommen-
dation		 SPECULATIVE
2024E    2025E
P/E
ratio		 6.8x P/Sales
ratio		 0.4x
P/BV
ratio		 0.5x Div.
yield		 4.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares MSCI China Small Cap Index Fund seeks to track the performance of the MSCI China Small Cap Index Fund.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor BlackRock Fund Advisors
Website www.ishares.com
Inception date Sep 28, 2010
Assets (mns) $51
Currency USD
Expense ratio 59 bp
Distributions Semi-Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 266
Wgt avg mkt cap (mns) $1,133
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 16.5%
Small cap (<$2bn) 82.2%
Developed mkts 48.8%
Emerging mkts 51.2%

TOP TEN HOLDINGS
HUTCHMED (CHINA) LTD 1.9 %
WINTEAM PHARMACEUTICAL GROUP 1.7 %
CHINASOFT INTERNATIONAL LTD 1.5 %
CHINA EVERBRIGHT INTL LTD 1.5 %
MINMETALS RESOURCES LTD 1.5 %
3SBIO INC 1.5 %
YY INC-ADR 1.3 %
DAQO NEW ENERGY CORP. SPONSORED AD 1.3 %
MINTH GROUP LTD 1.3 %
CHINA CONCH VENTURE HOLDINGS 1.2 %
Total 14.6 %

TOP COUNTRY EXPOSURE
CHINA 57.3 %
HONG KONG 24.1 %
UNITED STATES 0.4 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-8.4% -26.8% -8.9% -2.9% -2.4%

Market Correlations
versus... Beta R-squared
S&P500 0.37 5%
MSCI EAFE 0.79 20%
MSCI Emg. Mkts. 1.24 54%

Technical Indicators
Recent close $23.06
30d moving avg. $26.98
Annualized volatility 29.7%
Short interest (ETF) 1.4%
Relative strength (RSI) 46

Liquidity measures
Avg. volume (thou.) 12
Turnover 0.6%
Bid/Ask (% of price) 0.24%
ADV underlying (mns) $374

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 192 potential alternatives to the iShares MSCI China Small-Cap ETF ETF based on the alternatives' overlap in portfolio holdings with ECNS. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: ECNS Expense: 59 bp ALTAR Score™: 14.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH ECNS
Ticker Fund
Name		 Overlap1
vs ECNS
(%)		 Expense
ratio
(bp)		 Savings
vs ECNS
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs ECNS
(%)
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 9.7 80 -21 14.3 -0.2
EEMS iShares MSCI Emerging Markets Small Cap ETF 6.7 70 -11 7.3 -7.2
KGRN KraneShares MSCI China Clean Technology Index ETF 5.9 79 -20 6.5 -8.0
PGJ Invesco Golden Dragon China ETF 5.0 70 -11 5.1 -9.4
EWX SPDR S&P Emerging Markets Small Cap ETF 5.0 65 -6 7.8 -6.8
AVES Avantis Emerging Markets Value ETF 4.3 36 23 12.2 -2.3
CTEC Global X CleanTech ETF 3.8 50 9 1.0 -13.6
CQQQ Invesco China Technology ETF 3.4 70 -11 -5.9 -20.5
GXC SPDR S&P China ETF 3.4 59 0 9.3 -5.3
IWFH iShares Virtual Work and Life Multisector ETF 3.0 47 12 -3.6 -18.1
COPX Global X Copper Miners ETF 2.9 65 -6 7.0 -7.5
TCHI iShares MSCI China Multisector Tech ETF 2.7 59 0 3.1 -11.4
TAN Invesco Solar ETF 2.6 67 -8 6.1 -8.4
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 2.4 59 0 9.7 -4.9
CNRG SPDR S&P Kensho Clean Power ETF 2.3 45 14 -7.5 -22.1
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 2.3 75 -16 5.2 -9.3
EYLD Cambria Emerging Shareholder Yield ETF 2.2 66 -7 12.2 -2.3
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 2.2 58 1 10.2 -4.4
AVEM Avantis Emerging Markets Equity ETF 2.2 33 26 9.3 -5.3
EMIF iShares Emerging Markets Infrastructure ETF 2.1 60 -1 4.7 -9.8
PBD Invesco Global Clean Energy ETF 2.1 75 -16 -3.9 -18.4
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 2.1 60 -1 10.0 -4.5
KURE KraneShares MSCI All China Health Care Index ETF 2.0 65 -6 3.7 -10.9
UEVM VictoryShares Emerging Markets Value Momentum ETF 2.0 45 14 12.9 -1.7
SDIV Global X Superdividend ETF 2.0 58 1 17.8 +3.3
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 1.9 60 -1 1.0 -13.6
KWEB KraneShares CSI China Internet ETF 1.8 69 -10 -0.7 -15.2
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.7 38 21 8.3 -6.2
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 1.7 95 -36 11.5 -3.0
COPJ Sprott Junior Copper Miners ETF 1.7 75 -16 9.8 -4.7
CXSE WisdomTree China ex-State-Owned Enterprises Fund 1.7 32 27 5.9 -8.7
IVES Wedbush ETFMG Global Cloud Technology ETF 1.7 68 -9 1.5 -13.1
FLCH Franklin FTSE China ETF 1.7 19 40 9.8 -4.7
DMAT Global X Disruptive Materials ETF 1.6 59 0 10.0 -4.6
SOCL Global X Social Media ETF 1.6 65 -6 -5.9 -20.4
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 1.6 41 18 7.9 -6.6
FYLD Cambria Foreign Shareholder Yield ETF 1.6 59 0 12.0 -2.5
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 1.6 47 12 0.7 -13.9
FRNW Fidelity Clean Energy ETF 1.5 39 20 3.7 -10.8
FIXT Procure Disaster Recovery Strategy ETF 1.5 75 -16 5.7 -8.8
EPU iShares MSCI Peru and Global Exposure ETF 1.5 59 0 5.6 -9.0
RNEM First Trust Emerging Markets Equity Select ETF 1.5 75 -16 8.3 -6.3
ION ProShares S&P Global Core Battery Metals ETF 1.4 58 1 11.4 -3.1
EMFQ Amplify Emerging Markets FinTech ETF 1.4 69 -10 5.6 -9.0
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.4 61 -2 -4.0 -18.6
BNGE First Trust S-Network Streaming and Gaming ETF 1.3 70 -11 -1.1 -15.7
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 1.3 7 52 6.5 -8.0
HERO Global X Video Games & Esports ETF 1.3 50 9 5.1 -9.5
AGNG Global X Aging Population ETF 1.3 50 9 4.1 -10.4
SATO Invesco Alerian Galaxy Crypto Economy ETF 1.2 61 -2 -13.0 -27.6
GII SPDR S&P Global Infrastructure ETF 1.2 40 19 5.1 -9.5
SETM Sprott Energy Transition Materials ETF 1.2 65 -6 5.4 -9.2
IGF iShares Global Infrastructure ETF 1.2 41 18 5.1 -9.5
DFEV Dimensional Emerging Markets Value ETF 1.2 43 16 11.0 -3.5
ERTH Invesco MSCI Sustainable Future ETF 1.1 62 -3 3.7 -10.8
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 1.1 90 -31 7.0 -7.5
IWTR iShares MSCI Water Management Multisector ETF 1.1 47 12 4.9 -9.7
FMET Fidelity Metaverse ETF 1.1 39 20 4.4 -10.1
FAN First Trust Global Wind Energy ETF 1.1 60 -1 5.6 -9.0
VIDI Vident International Equity Strategy ETF 1.0 61 -2 12.0 -2.6
PBW Invesco WilderHill Clean Energy ETF 1.0 66 -7 -20.0 -34.6
ICLN iShares Global Clean Energy ETF 1.0 41 18 4.3 -10.3
ETEC iShares Breakthrough Environmental Solutions ETF 1.0 47 12 5.4 -9.2
SMOG VanEck Low Carbon Energy ETF 0.9 61 -2 3.1 -11.5
DFAE Dimensional Emerging Core Equity Market ETF 0.9 35 24 7.8 -6.7
GMF SPDR S&P Emerging Asia Pacific ETF 0.9 49 10 6.5 -8.1
VWO Vanguard FTSE Emerging Markets ETF 0.9 8 51 7.7 -6.9
BNE Blue Horizon BNE ETF 0.9 87 -28 5.0 -9.5
IEMG iShares Core MSCI Emerging Markets ETF 0.9 9 50 7.6 -6.9
EDOC Global X Telemedicine & Digital Health ETF Registered 0.8 68 -9 -5.5 -20.0
RNRG Global X Renewable Energy Producers ETF 0.7 66 -7 4.9 -9.6
WOOD iShares Global Timber & Forestry ETF 0.7 42 17 9.6 -5.0
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.7 86 -27 2.0 -12.5
JFWD Jacob Forward ETF 0.7 75 -16 0.0 -14.5
URA Global X Uranium ETF 0.7 69 -10 3.9 -10.7
URNJ Sprott Junior Uranium Miners ETF 0.7 80 -21 -2.4 -16.9
NLR VanEck Uranium+Nuclear Energy ETF 0.7 61 -2 4.5 -10.0
EMMF WisdomTree Emerging Markets Multifactor Fund 0.6 48 11 9.4 -5.1
SPEM SPDR Portfolio Emerging Markets ETF 0.6 7 52 7.6 -7.0
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.6 39 20 12.7 -1.8
EMGF iShares Emerging Markets Equity Factor ETF 0.6 25 34 8.8 -5.8
IQDE FlexShares International Quality Dividend Defensive Index ET 0.6 47 12 10.7 -3.8
MCH Matthews China Active ETF 0.6 79 -20 6.3 -8.3
KTEC KraneShares Hang Seng TECH Index ETF 0.6 69 -10 -4.1 -18.6
BOTZ Global X Robotics & Artificial Intelligence ETF 0.6 69 -10 2.4 -12.2
EV Mast Global Battery Recycling & Production ETF 0.6 65 -6 12.8 -1.8
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.6 12 47 8.7 -5.9
IPOS Renaissance International IPO ETF 0.6 80 -21 -170.5 -185.1
CN Xtrackers MSCI All China Equity ETF 0.5 50 9 8.7 -5.9
HART IQ Healthy Hearts ETF 0.5 45 14 5.4 -9.2
GINN Goldman Sachs Innovate Equity ETF 0.5 52 7 2.7 -11.8
EDIV SPDR S&P Emerging Markets Dividend ETF 0.5 49 10 11.0 -3.5
GMET VanEck Green Metals ETF 0.5 63 -4 10.0 -4.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.5 30 29 7.8 -6.7
DINT Davis Select International ETF 0.5 55 4 4.9 -9.7
SXUS Janus Henderson International Sustainable Equity ETF 0.5 60 -1 4.6 -9.9
HJEN Direxion Hydrogen ETF 0.5 45 14 -3.1 -17.7
KOMP SPDR S&P Kensho New Economies Composite ETF 0.5 20 39 2.1 -12.4
MRAD SmartETFs Advertising & Marketing Technology ETF 0.5 68 -9 4.2 -10.3
FLHK Franklin FTSE Hong Kong ETF 0.5 9 50 7.8 -6.8
ISCF iShares International SmallCap Equity Factor ETF 0.5 23 36 8.8 -5.8
WNDY Global X Wind Energy ETF 0.5 50 9 5.2 -9.4
FLAX Franklin FTSE Asia Ex Japan ETF 0.5 19 40 7.3 -7.3
GLIF AGF Global Infrastructure ETF 0.5 45 14 5.5 -9.1
CUT Invesco MSCI Global Timber ETF 0.5 61 -2 8.5 -6.1
DEM WisdomTree Emerging Markets High Dividend Fund 0.5 63 -4 13.0 -1.6
CCSO Carbon Collective Climate Solutions US Equity ETF 0.4 35 24 2.4 -12.2
SCHE Schwab Emerging Markets Equity ETF 0.4 11 48 7.7 -6.9
DTEC ALPS Disruptive Technologies ETF 0.4 50 9 3.3 -11.2
PIO Invesco Global Water ETF 0.4 75 -16 5.0 -9.6
DVYE iShares Emerging Markets Dividend ETF 0.4 49 10 16.6 +2.1
DRIV Global X Autonomous & Electric Vehicles ETF 0.4 68 -9 3.4 -11.1
VEGI iShares MSCI Agriculture Producers ETF 0.4 39 20 9.2 -5.4
EFRA iShares Environmental Infrastructure and Industrials ETF 0.4 47 12 5.3 -9.3
DWLD Davis Select Worldwide ETF 0.4 63 -4 5.7 -8.8
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.4 50 9 10.6 -3.9
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.4 10 49 8.1 -6.4
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.3 45 14 8.7 -5.9
PXH Invesco FTSE RAFI Emerging Markets ETF 0.3 49 10 12.6 -1.9
VSGX Vanguard ESG International Stock ETF 0.3 12 47 6.9 -7.7
RAYS Global X Solar ETF 0.3 51 8 4.6 -9.9
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.3 85 -26 8.1 -6.5
BATT Amplify Lithium & Battery Technology ETF 0.3 59 0 2.9 -11.6
ZSB USCF Sustainable Battery Metals Strategy Fund 0.3 61 -2 14.7 +0.1
IXUS iShares Core MSCI Total International Stock ETF 0.2 7 52 7.0 -7.6
VXUS Vanguard Total International Stock ETF 0.2 7 52 7.2 -7.4
PTEC Global X PropTech ETF 0.2 50 9 1.7 -12.9
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.2 32 27 6.3 -8.2
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.2 49 10 6.7 -7.9
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 0.2 44 15 10.3 -4.2
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.2 66 -7 7.3 -7.3
IDAT iShares Future Cloud 5G and Tech ETF 0.2 47 12 4.7 -9.9
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.2 68 -9 5.2 -9.3
BLOK Amplify Transformational Data Sharing ETF 0.2 75 -16 1.1 -13.4
BWEB Bitwise Web3 ETF 0.2 85 -26 0.9 -13.6
GFOF Grayscale Future of Finance ETF 0.2 70 -11 -4.0 -18.5
FDIG Fidelity Crypto Industry and Digital Payments ETF 0.2 39 20 -1.3 -15.9
IBLC iShares Blockchain and Tech ETF 0.2 47 12 -1.0 -15.5
BITQ Bitwise Crypto Industry Innovators ETF 0.2 85 -26 -4.7 -19.2
DAPP VanEck Digital Transformation ETF 0.2 50 9 -8.5 -23.0
BKCH Global X Blockchain ETF 0.2 50 9 -5.2 -19.8
CGV Conductor Global Equity Value ETF 0.2 130 -71 11.4 -3.2
GWX SPDR S&P International Small Cap ETF 0.2 40 19 6.6 -8.0
FNDC Schwab Fundamental International Small Co. Index ETF 0.2 39 20 6.9 -7.7
FCLD Fidelity Cloud Computing ETF 0.2 39 20 2.4 -12.1
DTCR Global X Data Center & Digital Infrastructure ETF 0.2 50 9 2.8 -11.8
CLOU Global X Cloud Computing ETF 0.2 68 -9 2.1 -12.5
APIE ActivePassive International Equity ETF 0.2 45 14 7.8 -6.8
PICK iShares MSCI Global Metals & Mining Producers ETF 0.2 39 20 11.0 -3.6
EBLU Ecofin Global Water ESG Fund 0.2 40 19 3.9 -10.6
IMFL Invesco International Developed Dynamic Multifactor ETF 0.2 34 25 10.5 -4.0
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 12 5.9 -8.6
INNO Harbor Disruptive Innovation ETF 0.1 75 -16 -3.5 -18.1
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.1 20 39 7.6 -7.0
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.1 46 13 5.6 -8.9
VEU Vanguard FTSE All-World ex-US Index Fund 0.1 8 51 7.2 -7.3
BKEM BNY Mellon Emerging Markets Equity ETF 0.1 11 48 7.8 -6.8
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.1 15 44 7.2 -7.4
CGW Invesco S&P Global Water Index ETF 0.1 57 2 3.8 -10.8
VYMI Vanguard International High Dividend Yield ETF 0.1 22 37 9.7 -4.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 50 5.8 -8.8
KALL KraneShares MSCI All China Index ETF 0.1 49 10 9.6 -5.0
FINX Global X FinTech ETF 0.1 68 -9 3.2 -11.4
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.1 36 23 7.6 -7.0
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 0.1 18 41 7.9 -6.6
IQIN IQ 500 International ETF 0.1 25 34 8.8 -5.8
SCHC Schwab International Small-Cap Equity ETF 0.1 11 48 6.4 -8.1
VT Vanguard Total World Stock ETF 0.1 7 52 5.9 -8.7
NUEM Nuveen ESG Emerging Markets Equity ETF 0.1 36 23 6.9 -7.7
GLOF iShares Global Equity Factor ETF 0.1 20 39 7.1 -7.5
IGRO iShares International Dividend Growth ETF 0.1 15 44 7.1 -7.4
WPS iShares International Developed Property ETF 0.1 48 11 7.2 -7.4
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.1 41 18 6.7 -7.9
FTAG First Trust Indxx Global Agriculture ETF 0.1 70 -11 9.1 -5.5
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.1 45 14 6.3 -8.2
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.1 39 20 7.6 -6.9
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 0.0 20 39 10.8 -3.8
VPL Vanguard FTSE Pacific ETF 0.0 8 51 6.9 -7.6
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.0 58 1 4.6 -9.9
FILL iShares MSCI Global Energy Producers ETF 0.0 39 20 9.1 -5.4
GGME Invesco Next Gen Media and Gaming ETF 0.0 60 -1 4.1 -10.4
REET iShares Global REIT ETF 0.0 14 45 7.2 -7.4
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 56 6.9 -7.6
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.0 33 26 7.3 -7.3
IGPT Invesco AI and Next Gen Software ETF 0.0 60 -1 3.8 -10.7
VEA Vanguard FTSE Developed Markets ETF 0.0 5 54 7.0 -7.5
JSTC Adasina Social Justice All Cap Global ETF 0.0 89 -30 4.8 -9.8
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 38 3.9 -10.6
DFGR Dimensional Global Real Estate ETF 0.0 22 37 7.1 -7.5
SCHF Schwab International Equity ETF 0.0 6 53 7.0 -7.5
KRUZ Unusual Whales Subversive Republican Trading ETF 0.0 75 -16 5.0 -9.6
IEUS iShares MSCI Europe Small-Cap ETF 0.0 42 17 0.0 -14.5

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

  2019 2020 2021 2022 2023 2024E 2025E
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
  2023 2024E 2025E
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 Small-Cap 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 7.2 %
Divided by: Fwd. P/BV 0.5 x
Less: Expense ratio 59 bp
Equals: ALTAR Score 14.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.33 CATEGORY
AVERAGE		 1.39
 
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.