iShares MSCI Denmark ETF
ALTAR
Score™		 6.5% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 15.1x P/Sales
ratio		 1.4x
P/BV
ratio		 2.0x Div.
yield		 3.5%


  • 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) $187
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 41
Wgt avg mkt cap (mns) $50,109
Large cap (>$10bn) 69.9%
Mid cap ($2-10bn) 22.3%
Small cap (<$2bn) 7.4%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
NOVO NORDISK A/S-B 22.6 %
DSV A/S 9.3 %
DANSKE BANK A/S 6.3 %
NOVOZYMES A/S-B SHARES 5.0 %
GENMAB A/S 4.5 %
VESTAS WIND SYSTEMS A/S 4.3 %
DONG ENERGY A/S 3.0 %
COLOPLAST A/S CLASS B 2.9 %
CARLSBERG AS-B 2.9 %
PANDORA A/S 2.9 %
Total 63.8 %

TOP COUNTRY EXPOSURE
DENMARK 95.1 %
BRITAIN 0.8 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
2.1% -9.1% 6.8% 8.9% 12.2%

Market Correlations
versus... Beta R-squared
S&P500 0.71 29%
MSCI EAFE 0.65 31%
MSCI Emg. Mkts. 0.54 26%

Technical Indicators
Recent close $107.05
30d moving avg. $110.93
Annualized volatility 17.1%
Short interest (ETF) 0.1%
Relative strength (RSI) 44

Liquidity measures
Avg. volume (thou.) 4
Turnover 0.2%
Bid/Ask (% of price) 0.50%
ADV underlying (mns) $528

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 230 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™: 6.5%


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
(%)
FAN First Trust Global Wind Energy ETF 7.3 60 -7 4.0 -2.5
ICLN iShares Global Clean Energy ETF 6.7 41 12 3.1 -3.4
FRNW Fidelity Clean Energy ETF 6.6 39 14 2.2 -4.3
DINT Davis Select International ETF 6.3 55 -2 7.6 +1.1
EUDV ProShares MSCI Europe Dividend Growers ETF 6.0 55 -2 6.2 -0.3
SDG iShares MSCI Global Sustainable Development Goals ETF 5.6 49 4 5.0 -1.5
VCLN Virtus Duff & Phelps Clean Energy ETF 5.5 59 -6 4.0 -2.6
SMOG VanEck Low Carbon Energy ETF 5.4 61 -8 1.5 -5.0
VIDI Vident International Equity Strategy ETF 5.0 61 -8 10.5 +4.0
DFNL Davis Select Financial ETF 5.0 63 -10 7.7 +1.2
DWLD Davis Select Worldwide ETF 5.0 63 -10 7.2 +0.7
GSFP Goldman Sachs Future Planet Equity ETF 4.8 75 -22 4.2 -2.3
AGNG Global X Aging Population ETF 4.5 50 3 4.8 -1.7
IDNA iShares Genomics Immunology and Healthcare ETF 4.5 47 6 -2.3 -8.8
BKCI BNY Mellon Concentrated International ETF 4.4 80 -27 5.1 -1.4
CTEC Global X CleanTech ETF 4.3 50 3 0.6 -5.9
IVAL Alpha Architect International Quantitative Value ETF 4.1 49 4 10.5 +4.0
IEUS iShares MSCI Europe Small-Cap ETF 4.0 42 11 7.4 +0.9
CGIE Capital Group International Equity ETF 4.0 54 -1 4.9 -1.6
FEP First Trust Europe AlphaDEX Fund 4.0 80 -27 8.2 +1.7
HRTS Tema Heart & Health ETF 3.9 75 -22 2.3 -4.2
SHPP Pacer Industrials and Logistics ETF 3.8 60 -7 8.2 +1.7
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 3.8 79 -26 4.9 -1.6
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 3.8 42 11 6.3 -0.2
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 3.8 14 39 6.0 -0.5
IQDG WisdomTree International Quality Dividend Growth Fund 3.7 42 11 6.6 +0.1
OCEN IQ Clean Oceans ETF 3.7 45 8 5.1 -1.4
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 3.7 58 -5 6.5 -0.1
ERTH Invesco MSCI Sustainable Future ETF 3.6 62 -9 3.4 -3.1
TTAI FCF International Quality ETF 3.5 59 -6 7.2 +0.7
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 3.5 65 -12 4.7 -1.8
MOTI VanEck Morningstar International Moat ETF 3.4 58 -5 10.5 +4.0
VIGI Vanguard International Dividend Appreciation ETF 3.3 10 43 6.5 -0.0
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 3.3 25 28 7.2 +0.7
EFAD ProShares MSCI EAFE Dividend Growers ETF 3.3 50 3 5.9 -0.6
DBEU Xtrackers MSCI Europe Hedged Equity ETF 3.3 46 7 6.5 0.0
PBD Invesco Global Clean Energy ETF 3.2 75 -22 0.9 -5.6
MDEV First Trust Indxx Medical Devices ETF 3.2 70 -17 4.8 -1.7
ICOW Pacer Developed Markets International Cash Cows 100 ETF 3.2 65 -12 10.4 +3.9
FDD First Trust Stoxx European Select Dividend Index Fund 3.2 58 -5 11.5 +5.0
WDNA WisdomTree BioRevolution Fund 3.2 45 8 -2.3 -8.8
BBEU JPMorgan BetaBuilders Europe ETF 3.2 9 44 7.1 +0.6
EFG iShares MSCI EAFE Growth ETF 3.1 36 17 4.2 -2.3
IEUR iShares Core MSCI Europe ETF 3.0 11 42 7.1 +0.6
RNRG Global X Renewable Energy Producers ETF 3.0 66 -13 5.1 -1.4
ETEC iShares Breakthrough Environmental Solutions ETF 3.0 47 6 3.5 -3.0
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 3.0 80 -27 4.2 -2.3
BOAT SonicShares Global Shipping ETF 3.0 69 -16 26.6 +20.1
IEV iShares Europe ETF 2.9 67 -14 6.6 +0.1
AGQI First Trust Active Global Quality Income ETF 2.9 85 -32 4.6 -1.9
VGK Vanguard FTSE Europe ETF 2.9 6 47 7.3 +0.8
FLEE Franklin FTSE Europe ETF 2.9 9 44 7.1 +0.6
SPEU SPDR Portfolio Europe ETF 2.9 7 46 7.2 +0.7
HART IQ Healthy Hearts ETF 2.8 45 8 6.4 -0.2
IGRO iShares International Dividend Growth ETF 2.8 15 38 7.2 +0.6
IXJ iShares Global Healthcare ETF 2.7 42 11 7.0 +0.5
WWJD Inspire International ETF 2.7 80 -27 7.1 +0.6
CGXU Capital Group International Focus Equity ETF 2.7 54 -1 5.4 -1.1
OSEA Harbor International Compounders ETF 2.7 55 -2 4.8 -1.7
PPIE Putnam PanAgora ESG International Equity ETF 2.6 49 4 7.1 +0.6
SCHC Schwab International Small-Cap Equity ETF 2.5 11 42 7.6 +1.1
INTF iShares International Equity Factor ETF 2.5 15 38 7.4 +0.9
DISV Dimensional International Small Cap Value ETF 2.4 42 11 9.0 +2.5
GDOC Goldman Sachs Future Health Care Equity ETF 2.4 75 -22 2.7 -3.8
DFSI Dimensional International Sustainability Core 1 ETF 2.3 24 29 6.2 -0.3
EUDG WisdomTree Europe Quality Dividend Growth Fund 2.3 58 -5 6.7 +0.2
CLNR IQ Cleaner Transport ETF 2.3 45 8 5.0 -1.5
IDV iShares International Select Dividend ETF 2.2 51 2 10.3 +3.8
FIVA Fidelity International Value Factor ETF 2.2 18 35 9.5 +3.0
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 2.1 36 17 6.3 -0.2
IQLT iShares MSCI Intl Quality Factor ETF 2.1 30 23 6.2 -0.3
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 2.1 12 41 5.9 -0.6
TPIF Timothy Plan International ETF 2.1 62 -9 6.1 -0.4
DFIV Dimensional International Value ETF 2.1 27 26 9.2 +2.7
GSIE Goldman Sachs ActiveBeta International Equity ETF 2.1 25 28 6.9 +0.4
JIG JPMorgan International Growth ETF 2.0 55 -2 4.6 -2.0
AVDV Avantis International Small Cap Value ETF 2.0 36 17 9.1 +2.6
GSID Goldman Sachs MarketBeta International Equity ETF 2.0 20 33 6.6 +0.1
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 2.0 20 33 6.2 -0.3
HFXI IQ FTSE International Equity Currency Neutral ETF 2.0 20 33 6.6 +0.1
SUPL ProShares Supply Chain Logistics ETF 2.0 58 -5 10.3 +3.8
QEFA SPDR MSCI EAFE StrategicFactors ETF 2.0 30 23 6.9 +0.4
DFIS Dimensional International Small Cap ETF 2.0 39 14 7.1 +0.6
NUDM Nuveen ESG International Developed Markets Equity ETF 2.0 31 22 5.9 -0.6
DWMF WisdomTree International Multifactor Fund 1.9 38 15 7.1 +0.6
DXIV Dimensional International Vector Equity ETF 1.9 34 19 7.6 +1.1
EFA iShares MSCI EAFE ETF 1.9 35 18 6.4 -0.1
JIRE JPMorgan International Research Enhanced Equity ETF 1.9 24 29 6.9 +0.4
ISCF iShares International SmallCap Equity Factor ETF 1.9 23 30 8.2 +1.7
CGDG Capital Group Dividend Growers ETF 1.9 47 6 6.1 -0.4
RFEU First Trust Riverfront Dynamic Europe ETF 1.9 83 -30 10.1 +3.6
IEFA iShares Core MSCI EAFE ETF 1.9 7 46 6.8 +0.3
JHMD John Hancock Multifactor Developed International ETF 1.9 39 14 7.3 +0.8
PCGG Polen Capital Global Growth ETF 1.9 85 -32 4.0 -2.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 1.9 39 14 7.7 +1.2
ESGD iShares ESG Aware MSCI EAFE ETF 1.8 20 33 6.5 -0.0
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 1.8 20 33 6.1 -0.4
ISHP First Trust Nasdaq Retail ETF 1.8 60 -7 5.5 -1.0
DSTX Distillate International Fundamental Stability & Value ETF 1.8 55 -2 7.7 +1.2
DIVS SmartETFs Dividend Builder ETF 1.8 65 -12 5.1 -1.4
DFIC Dimensional International Core Equity 2 ETF 1.8 23 30 7.2 +0.7
BKIE BNY Mellon International Equity ETF 1.8 4 49 6.7 +0.2
FYLD Cambria Foreign Shareholder Yield ETF 1.8 59 -6 11.6 +5.1
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 1.8 8 45 7.3 +0.8
EFAS Global X MSCI SuperDividend EAFE ETF 1.7 57 -4 8.8 +2.3
DFAI Dimensional International Core Equity Market ETF 1.7 18 35 6.9 +0.4
FENI Fidelity Enhanced International ETF 1.7 28 25 6.2 -0.3
SCZ iShares MSCI EAFE Small-Cap ETF 1.7 40 13 6.9 +0.4
UMMA Wahed Dow Jones Islamic World ETF 1.7 65 -12 4.8 -1.7
IDEV iShares Core MSCI International Developed Markets ETF 1.7 4 49 6.8 +0.3
GCOW Pacer Global Cash Cows Dividend ETF 1.6 60 -7 10.7 +4.2
OAIM OneAscent International Equity ETF 1.6 95 -42 5.4 -1.1
STXI Strive International Developed Markets ETF 1.6 29 24 6.4 -0.1
QINT American Century Quality Diversified International ETF 1.6 39 14 6.9 +0.4
AZTD Aztlan Global Stock Selection DM SMID ETF 1.6 75 -22 10.1 +3.6
FNDC Schwab Fundamental International Small Co. Index ETF 1.6 39 14 5.8 -0.7
CIL VictoryShares International Volatility Wtd ETF 1.6 45 8 6.4 -0.1
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.6 80 -27 8.7 +2.2
SPDW SPDR Portfolio Developed World ex-US ETF 1.5 3 50 6.7 +0.2
VEA Vanguard FTSE Developed Markets ETF 1.5 3 50 6.9 +0.4
BMED Future Health ETF 1.5 85 -32 0.3 -6.2
RODM Hartford Multifactor Developed Markets (ex-US) ETF 1.5 29 24 7.7 +1.2
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 1.5 80 -27 6.1 -0.4
OZEM Roundhill GLP-1 & Weight Loss ETF 1.5 59 -6 3.7 -2.8
THNR Amplify Weight Loss Drug & Treatment ETF 1.5 59 -6 7.6 +1.1
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.4 49 4 7.0 +0.5
SCHF Schwab International Equity ETF 1.4 6 47 6.9 +0.4
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 1.4 39 14 6.4 -0.1
DMXF iShares ESG Advanced MSCI EAFE ETF 1.4 12 41 5.3 -1.2
FDEV Fidelity International Multifactor ETF 1.4 18 35 7.6 +1.1
BLES Inspire Global Hope ETF 1.4 61 -8 6.9 +0.4
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 1.4 32 21 6.0 -0.5
VSGX Vanguard ESG International Stock ETF 1.4 10 43 7.5 +1.0
INEQ Columbia International Equity Income ETF 1.4 45 8 7.7 +1.2
DIM WisdomTree International MidCap Dividend Fund 1.4 58 -5 7.3 +0.7
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.4 56 -3 10.7 +4.2
DIHP Dimensional International High Profitability ETF 1.3 29 24 6.8 +0.3
AVSD Avantis Responsible International Equity ETF 1.3 23 30 5.1 -1.4
AVDE Avantis International Equity ETF 1.3 23 30 7.2 +0.7
IPAV Global X Infrastructure Development ex-U.S. ETF 1.3 55 -2 6.9 +0.4
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.3 41 12 7.1 +0.6
RFDI First Trust Riverfront Dynamic Developed International ETF 1.3 83 -30 9.1 +2.6
AVDS Avantis International Small Cap Equity ETF 1.3 30 23 7.0 +0.5
DLS WisdomTree International SmallCap Dividend Fund 1.3 58 -5 8.2 +1.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.3 30 23 7.6 +1.1
COPY Tweedy, Browne Insider + Value ETF 1.3 80 -27 12.1 +5.6
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.3 18 35 7.3 +0.7
EUFN iShares MSCI Europe Financials ETF 1.2 51 2 8.0 +1.5
CZAR Themes Natural Monopoly ETF 1.2 35 18 5.6 -0.9
DIVI Franklin International Core Dividend Tilt Index ETF 1.2 9 44 7.7 +1.2
FDHT Fidelity Digital Health ETF 1.2 39 14 1.4 -5.1
HEAL Global X HealthTech ETF 1.2 50 3 -0.6 -7.1
CWI SPDR MSCI ACWI ex-US ETF 1.2 30 23 7.4 +0.9
IXUS iShares Core MSCI Total International Stock ETF 1.2 7 46 7.5 +1.0
ACWX iShares MSCI ACWI ex U.S. ETF 1.2 34 19 7.3 +0.8
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 1.1 80 -27 11.0 +4.5
CRTC Xtrackers US National Critical Technologies ETF 1.1 35 18 4.7 -1.8
HAP VanEck Natural Resources ETF 1.1 50 3 9.2 +2.7
XT iShares Exponential Technologies ETF 1.1 46 7 4.6 -1.9
DTAN Sparkline International Intangible Value ETF 1.1 55 -2 8.1 +1.6
VXUS Vanguard Total International Stock ETF 1.1 5 48 7.6 +1.1
CCNR ALPS CoreCommodity Natural Resources ETF 1.1 39 14 9.5 +3.0
IHAK iShares Cybersecurity & Tech ETF 1.1 47 6 4.3 -2.2
SPAM Themes Cybersecurity ETF 1.1 35 18 2.4 -4.1
CGGO Capital Group Global Growth Equity ETF 1.0 47 6 4.2 -2.4
DOL WisdomTree International LargeCap Dividend Fund 1.0 48 5 7.0 +0.5
VEU Vanguard FTSE All-World ex-US Index Fund 1.0 4 49 7.7 +1.2
CEFA Global X S&P Catholic Values Developed ex-US ETF 1.0 35 18 6.3 -0.2
DTEC ALPS Disruptive Technologies ETF 1.0 50 3 3.6 -2.9
SAGP Strategas Global Policy Opportunities ETF 1.0 65 -12 5.4 -1.1
RODE Hartford Multifactor Diversified International ETF 1.0 29 24 10.3 +3.8
EFAV iShares MSCI EAFE Min Vol Factor ETF 1.0 22 31 6.0 -0.5
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.9 45 8 8.5 +2.0
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.9 40 13 7.2 +0.7
ESGG FlexShares STOXX Global ESG Select Index Fund 0.9 42 11 5.3 -1.2
EXI iShares Global Industrials ETF 0.9 42 11 4.4 -2.1
DWM WisdomTree International Equity Fund 0.9 48 5 7.2 +0.7
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.9 12 41 5.0 -1.5
MXI iShares Global Materials ETF 0.9 41 12 7.5 +1.0
FNDF Schwab Fundamental International Large Co. Index ETF 0.9 25 28 9.2 +2.7
RAYD Rayliant Quantitative Developed Market Equity ETF 0.9 80 -27 4.4 -2.1
IQSI IQ Candriam International Equity ETF 0.8 15 38 6.3 -0.3
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.8 24 29 7.3 +0.8
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.8 58 -5 4.3 -2.2
IVLU iShares MSCI Intl Value Factor ETF 0.8 30 23 9.9 +3.4
JHID John Hancock International High Dividend ETF 0.8 46 7 8.8 +2.3
UIVM VictoryShares International Value Momentum ETF 0.8 35 18 8.4 +1.9
DEEP Roundhill Acquirers Deep Value ETF 0.7 80 -27 19.0 +12.5
GLOF iShares Global Equity Factor ETF 0.7 20 33 6.7 +0.2
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.7 65 -12 8.1 +1.6
WRND IQ Global Equity R&D Leaders ETF 0.7 18 35 7.4 +0.9
IMFL Invesco International Developed Dynamic Multifactor ETF 0.7 34 19 5.6 -0.9
JSTC Adasina Social Justice All Cap Global ETF 0.7 89 -36 5.0 -1.5
EFV iShares MSCI EAFE Value ETF 0.7 34 19 8.8 +2.3
GWX SPDR S&P International Small Cap ETF 0.6 40 13 6.8 +0.3
IPKW Invesco International BuyBack Achievers ETF 0.6 55 -2 9.1 +2.6
KOKU Xtrackers MSCI Kokusai Equity ETF 0.6 9 44 5.1 -1.4
IQDF FlexShares International Quality Dividend Index Fund 0.6 47 6 8.6 +2.1
TEMP JPMorgan Climate Change Solutions ETF 0.6 49 4 5.6 -0.9
QWLD SPDR MSCI World StrategicFactors ETF 0.6 30 23 5.9 -0.6
JPIN J.P. Morgan Diversified Return International Equity ETF 0.5 37 16 8.0 +1.5
IDLV Invesco S&P International Developed Low Volatility ETF 0.5 25 28 6.7 +0.2
TOK iShares MSCI Kokusai ETF 0.5 26 27 4.9 -1.6
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.5 47 6 7.9 +1.4
URTH iShares MSCI World ETF 0.5 24 29 5.0 -1.5
MOO VanEck Agribusiness ETF 0.5 53 0 11.0 +4.5
RCGE RockCreek Global Equality ETF 0.4 95 -42 6.7 +0.2
HELX Franklin Genomic Advancements ETF 0.4 50 3 -0.4 -6.9
JGLO JPMorgan Global Select Equity ETF 0.4 33 20 4.9 -1.6
ACWI iShares MSCI ACWI ETF 0.4 32 21 5.4 -1.2
JXI iShares Global Utilities ETF 0.4 43 10 5.6 -1.0
VT Vanguard Total World Stock ETF 0.4 6 47 5.7 -0.8
FIDI Fidelity International High Dividend ETF 0.4 18 35 8.3 +1.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.4 9 44 5.5 -1.0
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.3 20 33 5.5 -1.0
KLMT Invesco MSCI Global Climate 500 ETF 0.3 10 43 5.6 -0.9
DFE WisdomTree Europe SmallCap Dividend Fund 0.3 58 -5 8.2 +1.7
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 0.3 9 44 9.0 +2.5
AVIV Avantis International Large Cap Value ETF 0.3 25 28 8.4 +1.9
DTH WisdomTree International High Dividend Fund 0.3 58 -5 8.2 +1.7
KXI iShares Global Consumer Staples ETF 0.3 41 12 5.9 -0.6
IXG iShares Global Financials ETF 0.3 42 11 6.7 +0.2
IMTM iShares MSCI Intl Momentum Factor ETF 0.3 30 23 5.5 -1.0
VYMI Vanguard International High Dividend Yield ETF 0.2 17 36 9.3 +2.8
IDHQ Invesco S&P International Developed High Quality ETF 0.2 29 24 6.4 -0.1
RXI iShares Global Consumer Discretionary ETF 0.2 41 12 8.2 +1.7
CGGR Capital Group Growth ETF 0.1 39 14 3.3 -3.2
DEW WisdomTree Global High Dividend Fund 0.1 58 -5 8.5 +2.0
SCHY Schwab International Dividend Equity ETF 0.1 14 39 9.6 +3.1
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 32 3.7 -2.9

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 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 13.2 %
Divided by: Fwd. P/BV 1.9 x
Less: Expense ratio 53 bp
Equals: ALTAR Score 6.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.63 CATEGORY
AVERAGE		 1.64
 
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.