iShares MSCI China Small-Cap ETF
ALTAR
Score™		 7.4% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 17.1x P/Sales
ratio		 0.7x
P/BV
ratio		 0.9x Div.
yield		 1.6%


  • 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) $98
Currency USD
Expense ratio 59 bp
Distributions Semi-annual

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 264
Wgt avg mkt cap (mns) $1,670
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 42.8%
Small cap (<$2bn) 55.7%
Developed mkts 49.5%
Emerging mkts 50.5%

TOP TEN HOLDINGS
MINTH GROUP LTD 2.3 %
XD, INC. 1.6 %
KINGSOFT CLOUD HOLDINGS LTD 1.5 %
CHINA EVERBRIGHT INTL LTD 1.3 %
KINGBOARD LAMINATES HOLDING 1.2 %
WANGUO GOLD GROUP LTD 1.2 %
CHINA CONCH VENTURE HOLDINGS 1.2 %
CHINA MEDICAL SYSTEM HOLDING 1.2 %
ZHONGAN ONLINE P&C INSURANCE CO., 1.2 %
DONGYUE GROUP 1.1 %
Total 14.0 %

TOP COUNTRY EXPOSURE
CHINA 52.6 %
HONG KONG 25.8 %
UNITED STATES 0.5 %
CAYMAN ISLANDS 0.3 %
SINGAPORE 0.3 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru January 31)
Year-to-date 1 year 5 years 10 years Since Incep.
7.5% 48.6% -3.5% 3.8% 1.4%

Market Correlations
versus... Beta R-squared
S&P500 0.68 26%
MSCI EAFE 0.95 37%
MSCI Emg. Mkts. 1.16 64%

Technical Indicators
Recent close $36.36
30d moving avg. $35.36
Annualized volatility 32.1%
Short interest (ETF) 3.5%
Relative strength (RSI) 60

Liquidity measures
Avg. volume (thou.) 21
Turnover 0.8%
Bid/Ask (% of price) 0.23%
ADV underlying (mns) $1,551

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 181 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™: 7.4%


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
(%)
AVEE Avantis Emerging Markets Small Cap Equity ETF 9.9 42 17 7.5 +0.0
EEMS iShares MSCI Emerging Markets Small Cap ETF 7.5 70 -11 6.3 -1.2
KWEB KraneShares CSI China Internet ETF 5.3 69 -10 19.2 +11.7
KGRN KraneShares MSCI China Clean Technology Index ETF 5.2 79 -20 3.0 -4.5
CXSE WisdomTree China ex-State-Owned Enterprises Fund 4.9 32 27 12.5 +5.1
EWX SPDR S&P Emerging Markets Small Cap ETF 4.4 65 -6 6.6 -0.9
AVES Avantis Emerging Markets Value ETF 4.2 36 23 8.6 +1.2
GXC SPDR S & P China ETF 4.0 59 0 16.3 +8.9
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 4.0 90 -31 4.1 -3.3
PGJ Invesco Golden Dragon China ETF 3.8 70 -11 12.5 +5.1
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 3.8 58 1 8.1 +0.6
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 3.7 80 -21 8.5 +1.0
UEVM VictoryShares Emerging Markets Value Momentum ETF 3.5 45 14 9.1 +1.7
EYLD Cambria Emerging Shareholder Yield ETF 3.4 66 -7 9.2 +1.7
CGV Conductor Global Equity Value ETF 3.1 130 -71 7.0 -0.4
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 3.0 80 -21 7.1 -0.3
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 2.9 59 0 8.5 +1.0
AVSE Avantis Responsible Emerging Markets Equity ETF 2.5 33 26 6.8 -0.6
AVEM Avantis Emerging Markets Equity ETF 2.5 33 26 7.2 -0.2
JIVE JPMorgan International Value ETF 2.4 55 4 8.2 +0.8
CTEC Global X CleanTech ETF 2.4 50 9 -0.0 -7.5
PBD Invesco Global Clean Energy ETF 2.3 75 -16 0.3 -7.2
HUMN Roundhill Humanoid Robotics ETF 2.3 75 -16 1.2 -6.3
EMIF iShares Emerging Markets Infrastructure ETF 2.3 60 -1 2.4 -5.1
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.9 38 21 7.1 -0.3
FLCH Franklin FTSE China ETF 1.9 19 40 15.6 +8.2
HERO Global X Video Games & Esports ETF 1.9 50 9 5.4 -2.1
NERD Roundhill Video Games ETF 1.9 50 9 7.3 -0.2
AADR AdvisorShares Dorsey Wright ADR ETF 1.9 110 -51 2.4 -5.1
CQQQ Invesco China Technology ETF 1.8 70 -11 13.9 +6.4
DFEV Dimensional Emerging Markets Value ETF 1.8 43 16 9.8 +2.4
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 1.7 8 51 6.1 -1.4
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 1.7 41 18 6.8 -0.6
DEM WisdomTree Emerging Markets High Dividend Fund 1.7 63 -4 10.6 +3.2
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 1.6 95 -36 10.2 +2.8
ESPO VanEck Video Gaming and eSports ETF 1.6 56 3 6.1 -1.3
ODDS Pacer BlueStar Digital Entertainment ETF 1.6 60 -1 4.6 -2.9
SOCL Global X Social Media ETF 1.5 65 -6 11.1 +3.6
VIDI Vident International Equity Strategy ETF 1.5 61 -2 8.2 +0.7
IGF iShares Global Infrastructure ETF 1.5 41 18 4.0 -3.4
GII SPDR S&P Global Infrastructure ETF 1.5 40 19 4.0 -3.4
CCNR ALPS CoreCommodity Natural Resources ETF 1.5 39 20 7.9 +0.5
ERTH Invesco MSCI Sustainable Future ETF 1.4 62 -3 2.9 -4.5
RNEM First Trust Emerging Markets Equity Select ETF 1.4 75 -16 7.4 -0.1
FEM First Trust Emerging Markets AlphaDEX Fund 1.3 80 -21 8.9 +1.5
EFRA iShares Environmental Infrastructure and Industrials ETF 1.3 47 12 4.6 -2.8
TAN Invesco Solar ETF 1.3 67 -8 4.0 -3.4
GMF SPDR S&P Emerging Asia Pacific ETF 1.2 49 10 8.6 +1.1
AGNG Global X Aging Population ETF 1.2 50 9 3.8 -3.7
ADIV SmartETFs Asia Pacific Dividend Builder ETF 1.2 78 -19 9.4 +1.9
FRNW Fidelity Clean Energy ETF 1.2 39 20 1.9 -5.5
DFAE Dimensional Emerging Core Equity Market ETF 1.2 35 24 7.1 -0.4
SETM Sprott Energy Transition Materials ETF 1.1 65 -6 1.4 -6.0
VWO Vanguard FTSE Emerging Markets ETF 1.1 7 52 8.9 +1.5
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 1.1 88 -29 8.0 +0.6
FDHT Fidelity Digital Health ETF 1.1 39 20 1.7 -5.8
IEMG iShares Core MSCI Emerging Markets ETF 1.1 9 50 8.3 +0.8
CLOU Global X Cloud Computing ETF 1.1 68 -9 3.3 -4.1
DTCR Global X Data Center & Digital Infrastructure ETF 1.1 50 9 3.9 -3.5
REAI Intelligent Real Estate ETF 1.1 59 0 5.6 -1.9
SPAM Themes Cybersecurity ETF 1.1 35 24 2.9 -4.5
WOOD iShares Global Timber & Forestry ETF 1.1 42 17 9.7 +2.3
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.1 12 47 7.5 +0.1
JCHI JPMorgan Active China ETF 1.1 65 -6 14.2 +6.7
BNGE First Trust S-Network Streaming and Gaming ETF 1.1 70 -11 2.9 -4.5
CUT Invesco MSCI Global Timber ETF 1.1 61 -2 7.3 -0.1
NLR VanEck Uranium+Nuclear Energy ETF 1.0 61 -2 1.3 -6.2
URA Global X Uranium ETF 1.0 69 -10 0.6 -6.8
URNJ Sprott Junior Uranium Miners ETF 1.0 80 -21 -3.2 -10.7
URAN Themes Uranium & Nuclear ETF 1.0 35 24 0.8 -6.7
CNRG State Street SPDR S&P Kensho Clean Power ETF 1.0 45 14 -0.0 -7.5
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.0 80 -21 6.5 -1.0
AQWA Global X Clean Water ETF 0.9 50 9 4.4 -3.0
SPEM SPDR Portfolio Emerging Markets ETF 0.9 7 52 9.2 +1.8
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.9 50 9 8.3 +0.8
QQQS Invesco NASDAQ Future Gen 200 ETF 0.9 20 39 -4.3 -11.7
PXH Invesco FTSE RAFI Emerging Markets ETF 0.9 49 10 13.2 +5.7
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.8 20 39 0.9 -6.6
FDEM Fidelity Emerging Markets Multifactor ETF 0.8 25 34 10.3 +2.8
FYLD Cambria Foreign Shareholder Yield ETF 0.8 59 0 10.2 +2.8
TMAT Main Thematic Innovation ETF 0.8 164 -105 -2.0 -9.4
GINN Goldman Sachs Innovate Equity ETF 0.8 52 7 3.9 -3.6
BOTZ Global X Robotics & Artificial Intelligence ETF 0.7 69 -10 1.7 -5.7
CGW Invesco S&P Global Water Index ETF 0.7 57 2 4.1 -3.4
FNDC Schwab Fundamental International Small Co. Index ETF 0.7 39 20 6.5 -0.9
ISCF iShares International SmallCap Equity Factor ETF 0.7 23 36 6.9 -0.5
TBLU Tortoise Global Water ESG ETF 0.7 40 19 4.0 -3.4
TRFM AAM Transformers ETF 0.7 49 10 1.2 -6.3
AWAY ETFMG Travel Tech ETF 0.7 76 -17 1.1 -6.3
FLAX Franklin FTSE Asia Ex Japan ETF 0.7 19 40 7.4 -0.1
ICLN iShares Global Clean Energy ETF 0.7 41 18 1.9 -5.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.7 30 29 6.2 -1.2
SCHE Schwab Emerging Markets Equity ETF 0.6 11 48 9.2 +1.8
VEGI iShares MSCI Agriculture Producers ETF 0.6 39 20 7.1 -0.3
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.6 32 27 7.6 +0.1
DRGN Themes China Generative Artificial Intelligence ETF 0.6 39 20 9.2 +1.7
MCH Matthews China Active ETF 0.6 79 -20 13.7 +6.3
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 0.6 44 15 8.9 +1.5
SRVR Pacer Data & Infrastructure Real Estate ETF 0.6 55 4 3.7 -3.7
RNRG Global X Renewable Energy Producers ETF 0.6 66 -7 4.3 -3.1
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.5 39 20 13.5 +6.0
HYP Golden Eagle Dynamic Hypergrowth ETF 0.5 85 -26 -0.8 -8.2
DRIV Global X Autonomous & Electric Vehicles ETF 0.5 68 -9 3.5 -3.9
EEMO Invesco S&P Emerging Markets Momentum ETF 0.5 29 30 7.3 -0.1
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.5 49 10 5.8 -1.7
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.5 10 49 7.5 +0.0
PBW Invesco WilderHill Clean Energy ETF 0.4 66 -7 -3.1 -10.6
SDIV Global X Superdividend ETF 0.4 58 1 12.9 +5.4
DVYE iShares Emerging Markets Dividend ETF 0.4 49 10 16.9 +9.4
CCSO Carbon Collective Climate Solutions US Equity ETF 0.4 35 24 0.9 -6.6
SMOG VanEck Low Carbon Energy ETF 0.4 61 -2 1.2 -6.2
EMGF iShares Emerging Markets Equity Factor ETF 0.4 25 34 9.2 +1.7
IPKW Invesco International BuyBack Achievers ETF 0.4 55 4 7.8 +0.3
EV Mast Global Battery Recycling & Production ETF 0.4 65 -6 6.2 -1.2
EDIV SPDR S&P Emerging Markets Dividend ETF 0.4 49 10 8.4 +1.0
VSGX Vanguard ESG International Stock ETF 0.4 10 49 6.5 -0.9
BKEM BNY Mellon Emerging Markets Equity ETF 0.3 11 48 8.1 +0.6
FAN First Trust Global Wind Energy ETF 0.3 60 -1 2.9 -4.5
GGME Invesco Next Gen Media and Gaming ETF 0.3 60 -1 5.0 -2.4
IXUS iShares Core MSCI Total International Stock ETF 0.3 7 52 6.5 -1.0
VXUS Vanguard Total International Stock ETF 0.3 5 54 6.5 -0.9
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.3 46 13 4.9 -2.5
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.3 36 23 7.7 +0.3
OZEM Roundhill GLP-1 & Weight Loss ETF 0.3 59 0 4.6 -2.9
IDNA iShares Genomics Immunology and Healthcare ETF 0.3 47 12 -0.3 -7.7
GWX SPDR S&P International Small Cap ETF 0.3 40 19 5.6 -1.8
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.3 47 12 4.8 -2.7
WISE Themes Generative Artificial Intelligence ETF 0.3 35 24 -0.4 -7.8
IDRV iShares Self-driving EV & Tech ETF 0.3 47 12 1.3 -6.2
FINX Global X FinTech ETF 0.3 68 -9 3.2 -4.2
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.3 15 44 8.9 +1.4
ECOW Pacer Emerging Markets Cash Cows 100 ETF 0.3 70 -11 9.0 +1.6
APIE ActivePassive International Equity ETF 0.2 45 14 6.2 -1.3
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.2 33 26 6.9 -0.5
AUAU Global X Gold Miners ETF 0.2 35 24 1.8 -5.6
IPAV Global X Infrastructure Development ex-U.S. ETF 0.2 55 4 5.5 -2.0
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.2 58 1 3.6 -3.9
VYMI Vanguard International High Dividend Yield ETF 0.2 17 42 7.8 +0.3
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.2 47 12 7.4 -0.1
VEU Vanguard FTSE All-World ex-US Index Fund 0.2 4 55 6.6 -0.8
SHPP Pacer Industrials and Logistics ETF 0.2 60 -1 6.8 -0.6
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.2 39 20 5.9 -1.5
SCHC Schwab International Small-Cap Equity ETF 0.2 11 48 6.3 -1.2
PICK iShares MSCI Global Metals & Mining Producers ETF 0.1 39 20 7.8 +0.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 50 5.0 -2.5
POW VistaShares Electrification Supercycle ETF 0.1 75 -16 2.4 -5.1
NIKL Sprott Nickel Miners ETF 0.1 75 -16 5.9 -1.5
ION ProShares S&P Global Core Battery Metals ETF 0.1 58 1 5.1 -2.4
COPJ Sprott Junior Copper Miners ETF 0.1 75 -16 -1.3 -8.8
VT Vanguard Total World Stock ETF 0.1 6 53 5.1 -2.3
FTAG First Trust Indxx Global Agriculture ETF 0.1 70 -11 6.7 -0.7
ZSB USCF Sustainable Battery Metals Strategy Fund 0.1 61 -2 6.8 -0.6
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.1 15 44 8.1 +0.7
GLOF iShares Global Equity Factor ETF 0.1 20 39 5.7 -1.7
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 0.1 61 -2 1.5 -6.0
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.1 46 13 7.4 -0.1
SATO Invesco Alerian Galaxy Crypto Economy ETF 0.1 61 -2 -0.7 -8.2
BCOR Grayscale Bitcoin Adopters ETF 0.1 59 0 2.0 -5.5
COPA Themes Copper Miners ETF 0.1 35 24 2.9 -4.6
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.1 18 41 6.3 -1.2
VPL Vanguard FTSE Pacific ETF 0.0 7 52 5.4 -2.1
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 14 6.7 -0.7
FNDF Schwab Fundamental International Large Co. Index ETF 0.0 25 34 7.4 -0.0
ICOP iShares Copper and Metals Mining ETF 0.0 47 12 5.0 -2.4
IGRO iShares International Dividend Growth ETF 0.0 15 44 6.5 -1.0
VEA Vanguard FTSE Developed Markets ETF 0.0 3 56 5.9 -1.6
REET iShares Global REIT ETF 0.0 14 45 6.9 -0.6
VIGI Vanguard International Dividend Appreciation ETF 0.0 10 49 5.8 -1.6
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 56 5.8 -1.7
DEW WisdomTree Global High Dividend Fund 0.0 58 1 7.1 -0.3
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 38 3.1 -4.4
DFGR Dimensional Global Real Estate ETF 0.0 22 37 6.9 -0.5
XT iShares Exponential Technologies ETF 0.0 46 13 4.2 -3.3
SCHF Schwab International Equity ETF 0.0 6 53 5.9 -1.6
AVDE Avantis International Equity ETF 0.0 23 36 6.0 -1.5
AVDV Avantis International Small Cap Value ETF 0.0 36 23 7.4 -0.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.0 41 18 6.1 -1.4
EBLU Ecofin Global Water ESG Fund 0.0 40 19 4.0 -3.4
HFXI IQ FTSE International Equity Currency Neutral ETF 0.0 20 39 5.6 -1.8
IEUS iShares MSCI Europe Small-Cap ETF 0.0 42 17 6.5 -0.9
AVSD Avantis Responsible International Equity ETF 0.0 23 36 5.7 -1.7

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 Small-Cap ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 6.9 %
Divided by: Fwd. P/BV 0.9 x
Less: Expense ratio 59 bp
Equals: ALTAR Score 7.4 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.50 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.