iShares MSCI Denmark ETF
ALTAR
Score™		 7.1% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 14.7x P/Sales
ratio		 1.3x
P/BV
ratio		 1.9x Div.
yield		 3.1%


  • 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) $186
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) $64,860
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 23.6 %
DSV A/S 9.4 %
DANSKE BANK A/S 6.4 %
NOVOZYMES A/S-B SHARES 5.0 %
GENMAB A/S 4.4 %
VESTAS WIND SYSTEMS A/S 4.1 %
CARLSBERG AS-B 3.5 %
COLOPLAST A/S CLASS B 3.1 %
PANDORA A/S 2.9 %
TRYG A/S 2.6 %
Total 64.9 %

TOP COUNTRY EXPOSURE
DENMARK 95.1 %
BRITAIN 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.
3.1% -15.7% 6.6% 8.8% 12.5%

Market Correlations
versus... Beta R-squared
S&P500 0.89 45%
MSCI EAFE 0.80 43%
MSCI Emg. Mkts. 0.62 27%

Technical Indicators
Recent close $109.64
30d moving avg. $108.52
Annualized volatility 20.0%
Short interest (ETF) 0.2%
Relative strength (RSI) 49

Liquidity measures
Avg. volume (thou.) 5
Turnover 0.3%
Bid/Ask (% of price) 0.26%
ADV underlying (mns) $528

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 234 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™: 7.1%


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
(%)
DINT Davis Select International ETF 6.4 55 -2 7.9 +0.8
EUDV ProShares MSCI Europe Dividend Growers ETF 6.0 55 -2 6.3 -0.8
FRNW Fidelity Clean Energy ETF 5.8 39 14 3.2 -3.8
FAN First Trust Global Wind Energy ETF 5.8 60 -7 4.6 -2.5
ICLN iShares Global Clean Energy ETF 5.8 41 12 5.1 -1.9
SDG iShares MSCI Global Sustainable Development Goals ETF 5.7 49 4 5.8 -1.3
VCLN Virtus Duff & Phelps Clean Energy ETF 5.3 59 -6 4.8 -2.3
SMOG VanEck Low Carbon Energy ETF 5.2 61 -8 1.8 -5.3
DFNL Davis Select Financial ETF 5.0 63 -10 7.4 +0.4
VIDI Vident International Equity Strategy ETF 5.0 61 -8 10.7 +3.7
DWLD Davis Select Worldwide ETF 5.0 63 -10 7.1 +0.0
GSFP Goldman Sachs Future Planet Equity ETF 4.8 75 -22 4.8 -2.2
HRTS Tema Heart & Health ETF 4.6 75 -22 1.3 -5.8
AGNG Global X Aging Population ETF 4.5 50 3 4.9 -2.2
BKCI BNY Mellon Concentrated International ETF 4.4 80 -27 5.2 -1.9
IDNA iShares Genomics Immunology and Healthcare ETF 4.4 47 6 -2.1 -9.2
CTEC Global X CleanTech ETF 4.1 50 3 -0.1 -7.1
CGIE Capital Group International Equity ETF 4.0 54 -1 5.1 -2.0
IEUS iShares MSCI Europe Small-Cap ETF 3.9 42 11 7.3 +0.2
SHPP Pacer Industrials and Logistics ETF 3.9 60 -7 8.7 +1.6
IVAL Alpha Architect International Quantitative Value ETF 3.8 49 4 9.7 +2.6
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 3.8 79 -26 4.9 -2.2
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 3.8 42 11 7.1 +0.0
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 3.8 14 39 6.2 -0.9
IQDG WisdomTree International Quality Dividend Growth Fund 3.7 42 11 7.3 +0.2
OCEN IQ Clean Oceans ETF 3.7 45 8 6.0 -1.0
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 3.7 58 -5 7.1 0.0
TTAI FCF International Quality ETF 3.5 59 -6 7.3 +0.2
ERTH Invesco MSCI Sustainable Future ETF 3.5 62 -9 3.7 -3.4
AGQI First Trust Active Global Quality Income ETF 3.5 85 -32 4.8 -2.3
VIGI Vanguard International Dividend Appreciation ETF 3.4 10 43 6.3 -0.7
ICOW Pacer Developed Markets International Cash Cows 100 ETF 3.3 65 -12 12.0 +4.9
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 3.3 25 28 7.3 +0.2
EFAD ProShares MSCI EAFE Dividend Growers ETF 3.3 50 3 5.9 -1.1
DSTX Distillate International Fundamental Stability & Value ETF 3.3 55 -2 7.8 +0.7
EFG iShares MSCI EAFE Growth ETF 3.3 36 17 4.3 -2.7
DBEU Xtrackers MSCI Europe Hedged Equity ETF 3.3 46 7 6.7 -0.4
FDD First Trust Stoxx European Select Dividend Index Fund 3.2 58 -5 11.3 +4.2
WDNA WisdomTree BioRevolution Fund 3.2 45 8 -1.4 -8.5
BOAT SonicShares Global Shipping ETF 3.2 69 -16 26.2 +19.2
BBEU JPMorgan BetaBuilders Europe ETF 3.2 9 44 7.2 +0.2
IEUR iShares Core MSCI Europe ETF 3.1 11 42 7.4 +0.3
IEV iShares Europe ETF 3.0 67 -14 6.9 -0.2
ETEC iShares Breakthrough Environmental Solutions ETF 3.0 47 6 3.3 -3.8
VGK Vanguard FTSE Europe ETF 3.0 6 47 7.5 +0.4
MDEV First Trust Indxx Medical Devices ETF 3.0 70 -17 4.5 -2.5
SPEU SPDR Portfolio Europe ETF 2.9 7 46 7.4 +0.3
IXJ iShares Global Healthcare ETF 2.9 42 11 7.3 +0.2
FLEE Franklin FTSE Europe ETF 2.9 9 44 7.3 +0.2
HART IQ Healthy Hearts ETF 2.8 45 8 6.7 -0.4
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 2.8 80 -27 4.9 -2.2
PBD Invesco Global Clean Energy ETF 2.7 75 -22 -0.3 -7.4
WWJD Inspire International ETF 2.7 80 -27 7.3 +0.2
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 2.7 65 -12 4.2 -2.9
UMMA Wahed Dow Jones Islamic World ETF 2.7 65 -12 5.4 -1.7
CGXU Capital Group International Focus Equity ETF 2.7 54 -1 5.5 -1.6
OSEA Harbor International Compounders ETF 2.7 55 -2 4.9 -2.2
PPIE Putnam PanAgora ESG International Equity ETF 2.6 49 4 7.4 +0.3
DFSI Dimensional International Sustainability Core 1 ETF 2.5 24 29 6.3 -0.8
GDOC Goldman Sachs Future Health Care Equity ETF 2.4 75 -22 2.8 -4.3
INTF iShares International Equity Factor ETF 2.3 15 38 7.5 +0.5
EUDG WisdomTree Europe Quality Dividend Growth Fund 2.3 58 -5 6.9 -0.1
IDV iShares International Select Dividend ETF 2.3 51 2 10.6 +3.5
DISV Dimensional International Small Cap Value ETF 2.3 42 11 8.9 +1.8
IQLT iShares MSCI Intl Quality Factor ETF 2.3 30 23 6.2 -0.8
CLNR IQ Cleaner Transport ETF 2.3 45 8 6.6 -0.4
IGRO iShares International Dividend Growth ETF 2.2 15 38 7.2 +0.2
FIVA Fidelity International Value Factor ETF 2.2 18 35 9.8 +2.7
DFIV Dimensional International Value ETF 2.2 27 26 9.5 +2.5
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 2.1 36 17 6.5 -0.5
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 2.1 12 41 5.9 -1.1
TPIF Timothy Plan International ETF 2.1 62 -9 6.2 -0.9
GSIE Goldman Sachs ActiveBeta International Equity ETF 2.1 25 28 7.0 -0.0
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 2.0 20 33 6.3 -0.8
RFEU First Trust Riverfront Dynamic Europe ETF 2.0 83 -30 10.6 +3.6
QEFA SPDR MSCI EAFE StrategicFactors ETF 2.0 30 23 7.0 -0.1
JIG JPMorgan International Growth ETF 2.0 55 -2 4.7 -2.4
AVDV Avantis International Small Cap Value ETF 2.0 36 17 9.3 +2.2
GSID Goldman Sachs MarketBeta International Equity ETF 2.0 20 33 6.8 -0.2
HFXI IQ FTSE International Equity Currency Neutral ETF 2.0 20 33 7.0 -0.1
SUPL ProShares Supply Chain Logistics ETF 2.0 58 -5 11.9 +4.9
NUDM Nuveen ESG International Developed Markets Equity ETF 2.0 31 22 6.2 -0.9
DWMF WisdomTree International Multifactor Fund 1.9 38 15 7.0 -0.1
EFA iShares MSCI EAFE ETF 1.9 35 18 6.7 -0.4
ESGD iShares ESG Aware MSCI EAFE ETF 1.9 20 33 6.7 -0.4
DFIS Dimensional International Small Cap ETF 1.9 39 14 7.2 +0.2
FICS First Trust International Developed Capital Strength ETF 1.9 70 -17 7.3 +0.3
IEFA iShares Core MSCI EAFE ETF 1.9 7 46 7.0 -0.1
FYLD Cambria Foreign Shareholder Yield ETF 1.9 59 -6 11.5 +4.4
JIRE JPMorgan International Research Enhanced Equity ETF 1.9 24 29 7.2 +0.1
CGDG Capital Group Dividend Growers ETF 1.9 47 6 6.2 -0.9
DXIV Dimensional International Vector Equity ETF 1.9 34 19 7.7 +0.7
OEUR ALPS O'Shares Europe Quality Dividend ETF 1.9 48 5 6.0 -1.0
JHMD John Hancock Multifactor Developed International ETF 1.9 39 14 7.5 +0.4
PCGG Polen Capital Global Growth ETF 1.9 85 -32 3.8 -3.3
SCHC Schwab International Small-Cap Equity ETF 1.9 11 42 6.5 -0.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 1.9 39 14 7.8 +0.8
DFIC Dimensional International Core Equity 2 ETF 1.8 23 30 7.3 +0.3
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 1.8 20 33 6.4 -0.7
EFAS Global X MSCI SuperDividend EAFE ETF 1.8 57 -4 8.2 +1.1
ISHP First Trust Nasdaq Retail ETF 1.8 60 -7 5.3 -1.7
ISCF iShares International SmallCap Equity Factor ETF 1.8 23 30 8.1 +1.0
DIVS SmartETFs Dividend Builder ETF 1.8 65 -12 5.0 -2.1
DFAI Dimensional International Core Equity Market ETF 1.8 18 35 7.1 0.0
FEP First Trust Europe AlphaDEX Fund 1.8 80 -27 9.0 +1.9
FPXE First Trust IPOX Europe Equity Opportunities ETF 1.8 70 -17 4.8 -2.3
BKIE BNY Mellon International Equity ETF 1.8 4 49 7.0 -0.1
FENI Fidelity Enhanced International ETF 1.7 28 25 6.5 -0.6
IDEV iShares Core MSCI International Developed Markets ETF 1.7 4 49 6.9 -0.2
GCOW Pacer Global Cash Cows Dividend ETF 1.7 60 -7 11.0 +4.0
STXI Strive International Developed Markets ETF 1.7 29 24 6.6 -0.4
RNRG Global X Renewable Energy Producers ETF 1.7 66 -13 1.4 -5.7
SCZ iShares MSCI EAFE Small-Cap ETF 1.7 40 13 6.8 -0.3
OAIM OneAscent International Equity ETF 1.6 95 -42 5.6 -1.5
QINT American Century Quality Diversified International ETF 1.6 39 14 7.3 +0.2
FNDC Schwab Fundamental International Small Co. Index ETF 1.6 39 14 5.7 -1.4
CIL VictoryShares International Volatility Wtd ETF 1.6 45 8 6.6 -0.5
VEA Vanguard FTSE Developed Markets ETF 1.6 3 50 7.1 +0.1
AZTD Aztlan Global Stock Selection DM SMID ETF 1.6 75 -22 7.4 +0.4
SPDW SPDR Portfolio Developed World ex-US ETF 1.5 3 50 6.9 -0.1
FPXI First Trust International Equity Opportunities ETF 1.5 70 -17 4.2 -2.9
SCHF Schwab International Equity ETF 1.5 6 47 7.2 +0.2
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 1.5 80 -27 5.8 -1.2
BMED Future Health ETF 1.5 85 -32 0.5 -6.6
RODM Hartford Multifactor Developed Markets (ex-US) ETF 1.5 29 24 7.7 +0.6
VSGX Vanguard ESG International Stock ETF 1.5 10 43 7.6 +0.5
DMXF iShares ESG Advanced MSCI EAFE ETF 1.4 12 41 5.5 -1.6
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 1.4 39 14 6.6 -0.4
FDEV Fidelity International Multifactor ETF 1.4 18 35 7.3 +0.3
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 1.4 80 -27 10.3 +3.2
BLES Inspire Global Hope ETF 1.4 61 -8 6.8 -0.3
DIHP Dimensional International High Profitability ETF 1.4 29 24 7.1 +0.0
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 1.4 32 21 6.0 -1.1
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.4 56 -3 10.6 +3.5
INEQ Columbia International Equity Income ETF 1.4 45 8 8.0 +1.0
DIM WisdomTree International MidCap Dividend Fund 1.4 58 -5 7.4 +0.4
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.4 49 4 6.7 -0.3
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 1.4 8 45 6.0 -1.0
RFDI First Trust Riverfront Dynamic Developed International ETF 1.3 83 -30 9.3 +2.2
OZEM Roundhill GLP-1 & Weight Loss ETF 1.3 59 -6 0.5 -6.6
THNR Amplify Weight Loss Drug & Treatment ETF 1.3 59 -6 6.7 -0.4
AVSD Avantis Responsible International Equity ETF 1.3 23 30 5.6 -1.5
AVDE Avantis International Equity ETF 1.3 23 30 7.3 +0.2
HEAL Global X HealthTech ETF 1.3 50 3 -0.6 -7.6
FDHT Fidelity Digital Health ETF 1.3 39 14 0.8 -6.2
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.3 41 12 7.4 +0.3
AVDS Avantis International Small Cap Equity ETF 1.3 30 23 7.2 +0.1
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.3 30 23 7.7 +0.7
COPY Tweedy, Browne Insider + Value ETF 1.3 80 -27 11.8 +4.7
DLS WisdomTree International SmallCap Dividend Fund 1.3 58 -5 8.0 +0.9
CZAR Themes Natural Monopoly ETF 1.3 35 18 5.7 -1.4
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.3 18 35 7.8 +0.8
EUFN iShares MSCI Europe Financials ETF 1.2 51 2 7.8 +0.7
DIVI Franklin International Core Dividend Tilt Index ETF 1.2 9 44 7.9 +0.9
CWI SPDR MSCI ACWI ex-US ETF 1.2 30 23 7.6 +0.5
DTAN Sparkline International Intangible Value ETF 1.2 55 -2 8.6 +1.5
ACWX iShares MSCI ACWI ex U.S. ETF 1.2 34 19 7.6 +0.6
IXUS iShares Core MSCI Total International Stock ETF 1.2 7 46 7.8 +0.7
MOTI VanEck Morningstar International Moat ETF 1.2 58 -5 11.8 +4.8
VXUS Vanguard Total International Stock ETF 1.2 5 48 7.8 +0.7
IPAV Global X Infrastructure Development ex-U.S. ETF 1.1 55 -2 7.6 +0.6
CRTC Xtrackers US National Critical Technologies ETF 1.1 35 18 4.8 -2.3
VEU Vanguard FTSE All-World ex-US Index Fund 1.1 4 49 8.0 +0.9
CGGO Capital Group Global Growth Equity ETF 1.0 47 6 4.7 -2.4
CCNR ALPS CoreCommodity Natural Resources ETF 1.0 39 14 10.7 +3.7
DTEC ALPS Disruptive Technologies ETF 1.0 50 3 3.9 -3.1
DOL WisdomTree International LargeCap Dividend Fund 1.0 48 5 7.1 +0.1
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.0 80 -27 9.3 +2.3
SAGP Strategas Global Policy Opportunities ETF 1.0 65 -12 5.4 -1.7
EFAV iShares MSCI EAFE Min Vol Factor ETF 1.0 22 31 5.7 -1.4
RODE Hartford Multifactor Diversified International ETF 1.0 29 24 11.4 +4.3
IHAK iShares Cybersecurity & Tech ETF 0.9 47 6 4.1 -3.0
SPAM Themes Cybersecurity ETF 0.9 35 18 2.0 -5.0
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.9 12 41 5.1 -2.0
HAP VanEck Natural Resources ETF 0.9 50 3 9.3 +2.2
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.9 40 13 7.4 +0.3
ESGG FlexShares STOXX Global ESG Select Index Fund 0.9 42 11 5.4 -1.7
EXI iShares Global Industrials ETF 0.9 42 11 4.5 -2.6
XT iShares Exponential Technologies ETF 0.9 46 7 4.9 -2.2
MXI iShares Global Materials ETF 0.9 41 12 7.5 +0.4
DWM WisdomTree International Equity Fund 0.9 48 5 7.3 +0.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.9 45 8 8.7 +1.7
RAYD Rayliant Quantitative Developed Market Equity ETF 0.9 80 -27 4.3 -2.7
IQSI IQ Candriam International Equity ETF 0.8 15 38 6.6 -0.5
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.8 24 29 7.3 +0.3
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.8 58 -5 4.6 -2.5
DEEP Roundhill Acquirers Deep Value ETF 0.8 80 -27 16.9 +9.9
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.8 35 18 6.6 -0.5
FNDF Schwab Fundamental International Large Co. Index ETF 0.8 25 28 9.5 +2.4
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.8 65 -12 7.9 +0.9
IVLU iShares MSCI Intl Value Factor ETF 0.8 30 23 10.3 +3.2
JHID John Hancock International High Dividend ETF 0.8 46 7 9.4 +2.4
UIVM VictoryShares International Value Momentum ETF 0.8 35 18 8.8 +1.8
WRND IQ Global Equity R&D Leaders ETF 0.7 18 35 8.1 +1.0
JSTC Adasina Social Justice All Cap Global ETF 0.7 89 -36 4.8 -2.3
EFV iShares MSCI EAFE Value ETF 0.6 34 19 9.0 +1.9
KOKU Xtrackers MSCI Kokusai Equity ETF 0.6 9 44 5.2 -1.9
IPKW Invesco International BuyBack Achievers ETF 0.6 55 -2 12.4 +5.3
IQDF FlexShares International Quality Dividend Index Fund 0.6 47 6 8.8 +1.8
TEMP JPMorgan Climate Change Solutions ETF 0.6 49 4 5.8 -1.3
GLOF iShares Global Equity Factor ETF 0.6 20 33 6.4 -0.7
QWLD SPDR MSCI World StrategicFactors ETF 0.6 30 23 5.9 -1.2
GWX SPDR S&P International Small Cap ETF 0.6 40 13 5.9 -1.2
JPIN J.P. Morgan Diversified Return International Equity ETF 0.5 37 16 8.2 +1.2
TOK iShares MSCI Kokusai ETF 0.5 26 27 5.0 -2.1
IDLV Invesco S&P International Developed Low Volatility ETF 0.5 25 28 6.2 -0.8
URTH iShares MSCI World ETF 0.5 24 29 5.0 -2.0
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.5 47 6 8.3 +1.2
MOO VanEck Agribusiness ETF 0.5 53 0 10.4 +3.4
IMFL Invesco International Developed Dynamic Multifactor ETF 0.4 34 19 6.0 -1.0
HELX Franklin Genomic Advancements ETF 0.4 50 3 -0.2 -7.3
ACWI iShares MSCI ACWI ETF 0.4 32 21 5.5 -1.6
VT Vanguard Total World Stock ETF 0.4 6 47 5.8 -1.3
JGLO JPMorgan Global Select Equity ETF 0.4 33 20 5.0 -2.1
FIDI Fidelity International High Dividend ETF 0.4 18 35 8.6 +1.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.4 9 44 5.6 -1.4
RCGE RockCreek Global Equality ETF 0.4 95 -42 6.7 -0.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.3 20 33 5.6 -1.5
KXI iShares Global Consumer Staples ETF 0.3 41 12 5.5 -1.5
DFE WisdomTree Europe SmallCap Dividend Fund 0.3 58 -5 8.0 +0.9
KLMT Invesco MSCI Global Climate 500 ETF 0.3 10 43 5.7 -1.4
JXI iShares Global Utilities ETF 0.3 43 10 5.8 -1.2
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 0.3 9 44 9.1 +2.0
AVIV Avantis International Large Cap Value ETF 0.3 25 28 8.5 +1.4
DTH WisdomTree International High Dividend Fund 0.3 58 -5 8.3 +1.3
IXG iShares Global Financials ETF 0.3 42 11 6.5 -0.5
IMTM iShares MSCI Intl Momentum Factor ETF 0.3 30 23 5.4 -1.7
VYMI Vanguard International High Dividend Yield ETF 0.2 17 36 9.5 +2.4
IDHQ Invesco S&P International Developed High Quality ETF 0.2 29 24 6.6 -0.4
RXI iShares Global Consumer Discretionary ETF 0.2 41 12 9.1 +2.1
CGGR Capital Group Growth ETF 0.1 39 14 3.1 -4.0
SCHY Schwab International Dividend Equity ETF 0.1 14 39 9.6 +2.5
DEW WisdomTree Global High Dividend Fund 0.1 58 -5 8.3 +1.2
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 32 3.7 -3.4

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 13.8 %
Divided by: Fwd. P/BV 1.8 x
Less: Expense ratio 53 bp
Equals: ALTAR Score 7.1 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.61 CATEGORY
AVERAGE		 1.63
 
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.