iShares MSCI Denmark ETF
ALTAR
Score™		 7.2% info Recommen-
dation		 NEUTRAL
2024E    2025E
P/E
ratio		 17.1x P/Sales
ratio		 1.8x
P/BV
ratio		 2.3x Div.
yield		 2.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares MSCI Denmark Capped Investable Market Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Denmark IMI 25/50 Index.

FUND BASICS
Category International Equities
Fund Sponsor BlackRock Fund Advisors
Website www.ishares.com
Inception date Jan 25, 2012
Assets (mns) $228
Currency USD
Expense ratio 53 bp
Distributions Semi-Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 44
Wgt avg mkt cap (mns) $89,671
Large cap (>$10bn) 68.9%
Mid cap ($2-10bn) 23.8%
Small cap (<$2bn) 7.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
NOVO NORDISK A/S-B 18.9 %
DSV A/S 8.8 %
NOVOZYMES A/S-B SHARES 5.9 %
DANSKE BANK A/S 4.4 %
PANDORA A/S 4.1 %
COLOPLAST A/S CLASS B 3.4 %
CARLSBERG AS-B 3.3 %
VESTAS WIND SYSTEMS A/S 3.2 %
GENMAB A/S 3.2 %
A.P. MOLLER - MAERSK A/S CLASS B 2.6 %
Total 57.7 %

TOP COUNTRY EXPOSURE
DENMARK 96.2 %
BRITAIN 0.7 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-4.2% -4.2% 10.4% 10.1% 12.9%

Market Correlations
versus... Beta R-squared
S&P500 0.93 60%
MSCI EAFE 1.09 81%
MSCI Emg. Mkts. 0.73 37%

Technical Indicators
Recent close $106.10
30d moving avg. $108.17
Annualized volatility 21.0%
Short interest (ETF) 0.7%
Relative strength (RSI) 42

Liquidity measures
Avg. volume (thou.) 12
Turnover 0.6%
Bid/Ask (% of price) 0.26%
ADV underlying (mns) $528

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 245 potential alternatives to the iShares MSCI Denmark ETF ETF based on the alternatives' overlap in portfolio holdings with EDEN. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EDEN Expense: 53 bp ALTAR Score™: 7.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EDEN
Ticker Fund
Name		 Overlap1
vs EDEN
(%)		 Expense
ratio
(bp)		 Savings
vs EDEN
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EDEN
(%)
SDG iShares MSCI Global Sustainable Development Goals ETF 7.2 49 4 5.4 -1.8
GSFP Goldman Sachs Future Planet Equity ETF 7.1 75 -22 3.9 -3.3
SMOG VanEck Low Carbon Energy ETF 7.0 61 -8 2.6 -4.6
BKCI BNY Mellon Concentrated International ETF 6.3 80 -27 3.8 -3.4
EUDV ProShares MSCI Europe Dividend Growers ETF 5.9 55 -2 5.0 -2.2
IQDG WisdomTree International Quality Dividend Growth Fund 5.9 42 11 6.4 -0.8
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 5.9 58 -5 6.2 -1.0
FRNW Fidelity Clean Energy ETF 5.8 39 14 3.6 -3.5
FAN First Trust Global Wind Energy ETF 5.8 60 -7 5.9 -1.3
WNDY Global X Wind Energy ETF 5.8 50 3 6.1 -1.1
ICLN iShares Global Clean Energy ETF 5.8 41 12 6.0 -1.2
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 5.6 42 11 6.2 -1.0
HRTS Tema GLP-1 Obesity & Cardiometabolic ETF 5.5 75 -22 -1.2 -8.3
DMXF iShares ESG Advanced MSCI EAFE ETF 5.5 12 41 5.2 -2.0
EFG iShares MSCI EAFE Growth ETF 5.4 36 17 3.9 -3.2
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 5.4 14 39 6.0 -1.2
CGIE Capital Group International Equity ETF 5.4 54 -1 4.9 -2.3
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 5.3 79 -26 5.3 -1.9
IDMO Invesco S&P International Developed Momentum ETF 5.1 25 28 5.6 -1.6
SAGP Strategas Global Policy Opportunities ETF 5.0 65 -12 5.8 -1.3
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 5.0 25 28 6.6 -0.5
VCLN Virtus Duff & Phelps Clean Energy ETF 5.0 59 -6 4.7 -2.5
HART IQ Healthy Hearts ETF 4.7 45 8 6.1 -1.1
IEV iShares Europe ETF 4.6 67 -14 6.1 -1.1
IVEG iShares Emergent Food and AgTech Multisector ETF 4.6 47 6 8.2 +1.0
BBEU JPMorgan BetaBuilders Europe ETF 4.6 9 44 6.6 -0.5
OSEA Harbor International Compounders ETF 4.6 55 -2 4.0 -3.2
IEUR iShares Core MSCI Europe ETF 4.5 11 42 6.5 -0.7
IDHQ Invesco S&P International Developed High Quality ETF 4.5 29 24 5.6 -1.6
PCGG Polen Capital Global Growth ETF 4.5 85 -32 3.4 -3.8
SPEU SPDR Portfolio Europe ETF 4.4 7 46 6.5 -0.6
DBEU Xtrackers MSCI Europe Hedged Equity ETF 4.4 46 7 6.0 -1.2
IXJ iShares Global Healthcare ETF 4.4 42 11 6.4 -0.7
DINT Davis Select International ETF 4.4 55 -2 6.0 -1.2
UMMA Wahed Dow Jones Islamic World ETF 4.3 65 -12 4.2 -3.0
VGK Vanguard FTSE Europe ETF 4.3 11 42 6.5 -0.7
VIGI Vanguard International Dividend Appreciation ETF 4.3 15 38 6.0 -1.1
ERTH Invesco MSCI Sustainable Future ETF 4.3 62 -9 3.6 -3.5
AGNG Global X Aging Population ETF 4.2 50 3 4.1 -3.1
IMFL Invesco International Developed Dynamic Multifactor ETF 4.2 34 19 5.6 -1.6
FLEE Franklin FTSE Europe ETF 4.2 9 44 6.6 -0.6
FINE Themes European Luxury ETF 4.1 35 18 -2.0 -9.2
SHPP Pacer Industrials and Logistics ETF 4.1 60 -7 9.1 +1.9
FDD First Trust Stoxx European Select Dividend Index Fund 3.9 58 -5 12.5 +5.4
GDOC Goldman Sachs Future Health Care Equity ETF 3.9 75 -22 2.9 -4.2
DWLD Davis Select Worldwide ETF 3.8 63 -10 6.7 -0.5
PPIE Putnam PanAgora ESG International Equity ETF 3.8 49 4 6.5 -0.7
EUDG WisdomTree Europe Quality Dividend Growth Fund 3.8 58 -5 6.0 -1.2
CGXU Capital Group International Focus Equity ETF 3.7 54 -1 4.4 -2.8
IPKW Invesco International BuyBack Achievers ETF 3.7 55 -2 10.6 +3.4
DFNL Davis Select Financial ETF 3.6 63 -10 6.5 -0.7
EATV VegTech Plant-based Innovation & Climate ETF 3.6 75 -22 3.4 -3.7
OEUR ALPS O'Shares Europe Quality Dividend ETF 3.6 48 5 5.2 -1.9
IEUS iShares MSCI Europe Small-Cap ETF 3.5 42 11 5.8 -1.3
MDEV First Trust Indxx Medical Devices ETF 3.5 70 -17 4.0 -3.2
IQLT iShares MSCI Intl Quality Factor ETF 3.5 30 23 5.6 -1.6
TTAI FCF International Quality ETF 3.5 59 -6 4.9 -2.2
WDNA WisdomTree BioRevolution Fund 3.5 45 8 -4.1 -11.3
DFSI Dimensional International Sustainability Core 1 ETF 3.4 24 29 6.1 -1.1
BOAT SonicShares Global Shipping ETF 3.3 69 -16 39.5 +32.3
SEA U.S. Global Sea to Sky Cargo ETF 3.3 60 -7 34.8 +27.6
EFAD ProShares MSCI EAFE Dividend Growers ETF 3.3 50 3 5.6 -1.6
FDEV Fidelity International Multifactor ETF 3.3 18 35 7.2 -0.0
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 3.3 20 33 6.0 -1.2
CTEC Global X CleanTech ETF 3.2 50 3 2.7 -4.5
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 3.2 12 41 5.6 -1.6
ETEC iShares Breakthrough Environmental Solutions ETF 3.2 47 6 7.8 +0.7
IDNA iShares Genomics Immunology and Healthcare ETF 3.2 47 6 -4.8 -12.0
OCEN IQ Clean Oceans ETF 3.2 45 8 6.9 -0.3
INTF iShares International Equity Factor ETF 3.2 15 38 7.5 +0.4
ESGD iShares ESG Aware MSCI EAFE ETF 3.1 20 33 6.5 -0.6
DFIV Dimensional International Value ETF 3.0 27 26 9.5 +2.4
EFA iShares MSCI EAFE ETF 3.0 35 18 6.4 -0.7
GSIE Goldman Sachs ActiveBeta International Equity ETF 2.9 25 28 6.8 -0.3
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 2.9 36 17 6.4 -0.8
JIRE JPMorgan International Research Enhanced Equity ETF 2.8 24 29 6.6 -0.6
STXI Strive International Developed Markets ETF 2.8 29 24 6.4 -0.7
IEFA iShares Core MSCI EAFE ETF 2.8 7 46 6.7 -0.5
GSID Goldman Sachs MarketBeta International Equity ETF 2.8 20 33 6.7 -0.5
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 2.8 80 -27 3.0 -4.2
QEFA SPDR MSCI EAFE StrategicFactors ETF 2.7 30 23 7.0 -0.2
NUDM Nuveen ESG International Developed Markets Equity ETF 2.7 31 22 6.3 -0.9
JIG JPMorgan International Growth ETF 2.7 55 -2 4.3 -2.9
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 2.6 20 33 6.6 -0.6
DFAI Dimensional International Core Equity Market ETF 2.6 18 35 6.9 -0.3
ICOW Pacer Developed Markets International Cash Cows 100 ETF 2.6 65 -12 12.4 +5.2
IGRO iShares International Dividend Growth ETF 2.6 15 38 7.1 -0.0
DISV Dimensional International Small Cap Value ETF 2.6 42 11 8.9 +1.7
FENI Fidelity Enhanced International ETF 2.6 28 25 7.6 +0.5
WWJD Inspire International ETF 2.6 80 -27 7.3 +0.1
RNRG Global X Renewable Energy Producers ETF 2.5 66 -13 6.2 -1.0
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 2.5 75 -22 8.5 +1.3
PBD Invesco Global Clean Energy ETF 2.5 75 -22 -4.6 -11.8
FIVA Fidelity International Value Factor ETF 2.5 18 35 9.6 +2.5
HFXI IQ FTSE International Equity Currency Neutral ETF 2.5 20 33 6.8 -0.3
BKIE BNY Mellon International Equity ETF 2.5 4 49 6.8 -0.4
BIGFX Baron International Growth Retail 2.5 75 -22 3.2 -4.0
IDEV iShares Core MSCI International Developed Markets ETF 2.5 4 49 6.7 -0.5
CGGO Capital Group Global Growth Equity ETF 2.5 47 6 4.5 -2.7
DFIC Dimensional International Core Equity 2 ETF 2.5 23 30 7.4 +0.2
DWMF WisdomTree International Multifactor Fund 2.4 38 15 6.3 -0.9
JHMD John Hancock Multifactor Developed International ETF 2.4 39 14 7.3 +0.1
QINT American Century Quality Diversified International ETF 2.4 39 14 7.2 +0.1
AZTD Aztlan Global Stock Selection DM SMID ETF 2.4 75 -22 6.6 -0.6
RFEU First Trust Riverfront Dynamic Europe ETF 2.3 83 -30 10.6 +3.4
SCHF Schwab International Equity ETF 2.3 6 47 7.0 -0.1
DFIS Dimensional International Small Cap ETF 2.3 39 14 6.5 -0.6
SPDW SPDR Portfolio Developed World ex-US ETF 2.3 3 50 6.9 -0.3
VEA Vanguard FTSE Developed Markets ETF 2.3 5 48 6.9 -0.2
FICS First Trust International Developed Capital Strength ETF 2.3 70 -17 5.0 -2.1
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 2.2 65 -12 3.7 -3.4
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 2.2 39 14 7.5 +0.3
TPIF Timothy Plan International ETF 2.2 62 -9 6.5 -0.7
OZEM Roundhill GLP-1 & Weight Loss ETF 2.2 59 -6 0.4 -6.7
THNR Amplify Weight Loss Drug & Treatment ETF 2.2 59 -6 5.1 -2.1
DIHP Dimensional International High Profitability ETF 2.1 29 24 7.2 +0.0
FPXE First Trust IPOX Europe Equity Opportunities ETF 2.1 70 -17 3.2 -4.0
SCHC Schwab International Small-Cap Equity ETF 2.0 11 42 6.2 -0.9
IDV iShares International Select Dividend ETF 2.0 51 2 11.8 +4.7
VSGX Vanguard ESG International Stock ETF 2.0 12 41 6.5 -0.7
FEP First Trust Europe AlphaDEX Fund 2.0 80 -27 7.3 +0.1
CLNR IQ Cleaner Transport ETF 2.0 45 8 6.5 -0.7
AVDV Avantis International Small Cap Value ETF 2.0 36 17 8.1 +0.9
ISCF iShares International SmallCap Equity Factor ETF 2.0 23 30 8.4 +1.2
VIDI Vident International Equity Strategy ETF 2.0 61 -8 10.1 +3.0
DIVI Franklin International Core Dividend Tilt Index ETF 1.9 9 44 7.6 +0.5
EQIN Columbia US Equity Income ETF 1.9 35 18 8.3 +1.2
RFDI First Trust Riverfront Dynamic Developed International ETF 1.9 83 -30 9.3 +2.1
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 1.9 39 14 6.8 -0.4
ACWX iShares MSCI ACWI ex U.S. ETF 1.8 34 19 6.6 -0.6
CWI SPDR MSCI ACWI ex-US ETF 1.8 30 23 6.6 -0.5
DIVS SmartETFs Dividend Builder ETF 1.8 65 -12 4.9 -2.2
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.8 41 12 7.0 -0.2
DSTX Distillate International Fundamental Stability & Value ETF 1.8 55 -2 7.7 +0.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.8 30 23 7.7 +0.5
IXUS iShares Core MSCI Total International Stock ETF 1.7 7 46 6.8 -0.3
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.7 18 35 6.8 -0.4
FDHT Fidelity Digital Health ETF 1.7 39 14 -2.1 -9.3
CIL VictoryShares International Volatility Wtd ETF 1.7 45 8 6.6 -0.6
SCZ iShares MSCI EAFE Small-Cap ETF 1.7 40 13 6.3 -0.8
VEU Vanguard FTSE All-World ex-US Index Fund 1.7 8 45 6.9 -0.2
VXUS Vanguard Total International Stock ETF 1.7 7 46 6.9 -0.2
FYLD Cambria Foreign Shareholder Yield ETF 1.6 59 -6 13.2 +6.0
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.6 49 4 6.6 -0.5
DLS WisdomTree International SmallCap Dividend Fund 1.6 58 -5 7.8 +0.7
RODM Hartford Multifactor Developed Markets (ex-US) ETF 1.6 29 24 8.0 +0.8
FNDC Schwab Fundamental International Small Co. Index ETF 1.5 39 14 6.8 -0.4
DFE WisdomTree Europe SmallCap Dividend Fund 1.5 58 -5 8.0 +0.8
TEMP JPMorgan Climate Change Solutions ETF 1.4 49 4 5.9 -1.3
DIM WisdomTree International MidCap Dividend Fund 1.4 58 -5 7.3 +0.1
EFAV iShares MSCI EAFE Min Vol Factor ETF 1.4 22 31 6.4 -0.8
IHAK iShares Cybersecurity & Tech ETF 1.4 47 6 3.2 -3.9
SPAM Themes Cybersecurity ETF 1.4 35 18 1.8 -5.4
DOL WisdomTree International LargeCap Dividend Fund 1.4 48 5 7.1 -0.1
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 1.4 7 46 6.5 -0.7
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 1.4 32 21 6.0 -1.2
JHID John Hancock International High Dividend ETF 1.3 46 7 10.1 +2.9
CGDG Capital Group Dividend Growers ETF 1.3 47 6 6.5 -0.7
ISHP First Trust Nasdaq Retail ETF 1.3 60 -7 2.8 -4.4
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.3 12 41 4.6 -2.5
AVDE Avantis International Equity ETF 1.3 23 30 7.5 +0.4
EUFN iShares MSCI Europe Financials ETF 1.3 51 2 7.2 +0.1
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.3 56 -3 13.3 +6.1
AGQI First Trust Active Global Quality Income ETF 1.2 85 -32 5.4 -1.7
FPXI First Trust International Equity Opportunities ETF 1.2 70 -17 4.8 -2.4
BLES Inspire Global Hope ETF 1.2 61 -8 6.5 -0.6
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 1.2 40 13 7.2 +0.1
BLLD JPMorgan Sustainable Infrastructure ETF 1.2 49 4 5.6 -1.6
FIDI Fidelity International High Dividend ETF 1.2 18 35 11.0 +3.9
HAP VanEck Natural Resources ETF 1.1 50 3 10.1 +2.9
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 1.1 80 -27 5.3 -1.9
MXI iShares Global Materials ETF 1.1 41 12 7.1 -0.0
DWM WisdomTree International Equity Fund 1.1 48 5 7.2 +0.0
ESGG FlexShares STOXX Global ESG Select Index Fund 1.1 42 11 5.0 -2.2
IMTM iShares MSCI Intl Momentum Factor ETF 1.1 30 23 5.4 -1.8
DTEC ALPS Disruptive Technologies ETF 1.1 50 3 3.3 -3.9
BMED Future Health ETF 1.1 85 -32 0.0 -7.2
XT iShares Exponential Technologies ETF 1.0 46 7 4.7 -2.4
RODE Hartford Multifactor Diversified International ETF 1.0 29 24 11.1 +4.0
IQDF FlexShares International Quality Dividend Index Fund 1.0 47 6 13.3 +6.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 1.0 45 8 8.6 +1.4
EXI iShares Global Industrials ETF 1.0 42 11 4.4 -2.8
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.0 24 29 7.6 +0.4
TOLL Tema Monopolies and Oligopolies ETF 0.9 75 -22 3.3 -3.9
GLOF iShares Global Equity Factor ETF 0.9 20 33 6.6 -0.6
FDVV Fidelity High Dividend ETF 0.9 15 38 8.9 +1.7
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.9 35 18 6.3 -0.9
FNDF Schwab Fundamental International Large Co. Index ETF 0.9 25 28 9.6 +2.5
QWLD SPDR MSCI World StrategicFactors ETF 0.9 30 23 6.0 -1.2
IPAV Global X Infrastructure Development ex-U.S. ETF 0.9 55 -2 10.2 +3.0
JGLO JPMorgan Global Select Equity ETF 0.9 33 20 4.6 -2.6
IQSI IQ Candriam International Equity ETF 0.9 15 38 6.2 -1.0
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.9 80 -27 10.4 +3.2
SUPL ProShares Supply Chain Logistics ETF 0.9 58 -5 13.6 +6.5
DTAN Sparkline International Intangible Value ETF 0.8 55 -2 8.4 +1.2
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.8 65 -12 7.7 +0.6
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.8 47 6 9.3 +2.2
UIVM VictoryShares International Value Momentum ETF 0.8 35 18 9.5 +2.4
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.7 58 -5 4.7 -2.4
TOK iShares MSCI Kokusai ETF 0.7 26 27 4.9 -2.2
KOKU Xtrackers MSCI Kokusai Equity ETF 0.7 9 44 5.1 -2.1
IQDE FlexShares International Quality Dividend Defensive Index ET 0.7 47 6 16.6 +9.4
DEEP Roundhill Acquirers Deep Value ETF 0.7 80 -27 21.2 +14.0
OCTA Octane All-Cap Value Energy ETF 0.7 30 23 13.4 +6.2
URTH iShares MSCI World ETF 0.7 24 29 5.0 -2.1
CZAR Themes Natural Monopoly ETF 0.7 35 18 6.2 -1.0
GCOW Pacer Global Cash Cows Dividend ETF 0.7 60 -7 13.7 +6.6
WRND IQ Global Equity R&D Leaders ETF 0.7 18 35 7.4 +0.2
IVLU iShares MSCI Intl Value Factor ETF 0.6 30 23 10.8 +3.7
GWX SPDR S&P International Small Cap ETF 0.6 40 13 6.1 -1.0
EFV iShares MSCI EAFE Value ETF 0.6 34 19 9.0 +1.9
ACWI iShares MSCI ACWI ETF 0.6 32 21 5.1 -2.0
JPIN J.P. Morgan Diversified Return International Equity ETF 0.6 37 16 8.9 +1.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.6 9 44 5.2 -1.9
VT Vanguard Total World Stock ETF 0.6 7 46 5.5 -1.7
RAYD Rayliant Quantitative Developed Market Equity ETF 0.6 80 -27 4.4 -2.8
IDLV Invesco S&P International Developed Low Volatility ETF 0.6 25 28 6.2 -1.0
JSTC Adasina Social Justice All Cap Global ETF 0.6 89 -36 4.4 -2.7
JXI iShares Global Utilities ETF 0.5 43 10 6.1 -1.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.5 20 33 5.1 -2.0
KLMT Invesco MSCI Global Climate 500 ETF 0.5 10 43 5.2 -1.9
FDRR Fidelity Dividend ETF for Rising Rates 0.5 15 38 7.4 +0.3
MJ ETFMG Alternative Harvest 0.4 75 -22 -47.2 -54.3
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.4 80 -27 8.8 +1.6
MOO VanEck Agribusiness ETF 0.4 53 0 9.6 +2.5
ECLN First Trust EIP Carbon Impact ETF 0.4 96 -43 4.6 -2.5
KXI iShares Global Consumer Staples ETF 0.3 41 12 5.7 -1.5
RXI iShares Global Consumer Discretionary ETF 0.3 41 12 5.2 -2.0
HELX Franklin Genomic Advancements ETF 0.3 50 3 0.5 -6.7
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 0.3 9 44 9.6 +2.5
VYMI Vanguard International High Dividend Yield ETF 0.3 22 31 9.4 +2.3
DTH WisdomTree International High Dividend Fund 0.3 58 -5 9.0 +1.8
IXG iShares Global Financials ETF 0.2 42 11 5.8 -1.3
CGGR Capital Group Growth ETF 0.2 39 14 2.6 -4.6
IGF iShares Global Infrastructure ETF 0.2 41 12 4.3 -2.8
GII SPDR S&P Global Infrastructure ETF 0.2 40 13 4.4 -2.8
AVIV Avantis International Large Cap Value ETF 0.2 25 28 8.0 +0.9
CCNR ALPS CoreCommodity Natural Resources ETF 0.1 39 14 10.1 +2.9
DEW WisdomTree Global High Dividend Fund 0.1 58 -5 8.3 +1.2
AVSD Avantis Responsible International Equity ETF 0.1 23 30 7.3 +0.2
SCHY Schwab International Dividend Equity ETF 0.1 14 39 9.3 +2.1
OAIM OneAscent International Equity ETF 0.1 95 -42 5.6 -1.5
LVHI Franklin International Low Volatility High Dividend Index ET 0.1 40 13 11.6 +4.5
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 32 3.9 -3.3
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.0 25 28 5.7 -1.5

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 Denmark 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 16.5 %
Divided by: Fwd. P/BV 2.1 x
Less: Expense ratio 53 bp
Equals: ALTAR Score 7.2 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.58 CATEGORY
AVERAGE		 1.60
 
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.