iShares MSCI Emerging Markets Small Cap ETF
ALTAR
Score™		 7.7% info Recommen-
dation		 NEUTRAL
2024E    2025E
P/E
ratio		 13.4x P/Sales
ratio		 0.8x
P/BV
ratio		 1.3x Div.
yield		 3.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares MSCI Emerging Markets Small Cap 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 of the MSCI Emerging Markets Small Cap Index.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor BlackRock Fund Advisors
Website www.ishares.com
Inception date Aug 16, 2011
Assets (mns) $345
Currency USD
Expense ratio 70 bp
Distributions Semi-Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 1570
Wgt avg mkt cap (mns) $1,589
Large cap (>$10bn) 0.1%
Mid cap ($2-10bn) 42.8%
Small cap (<$2bn) 56.0%
Developed mkts 5.8%
Emerging mkts 94.2%

TOP TEN HOLDINGS
ISHARES FLOATING RATE BOND ETF 4.7 %
ABRDN PHYSICAL PRECIOUS METALS BAS 1.1 %
INTERNATIONAL GAMES SYSTEM C 0.6 %
CHROMA ATE INC 0.4 %
FEDERAL BANK LTD 0.3 %
BSE LTD 0.3 %
LOTES CO LTD 0.3 %
JENTECH PRECISION INDUSTRIAL 0.3 %
MR PRICE GROUP LIMITED 0.3 %
KING YUAN ELECTRONICS CO LTD 0.3 %
Total 8.6 %

TOP COUNTRY EXPOSURE
TAIWAN 18.7 %
INDIA 18.6 %
SOUTH KOREA 8.5 %
CHINA 5.0 %
SOUTH AFRICA 3.3 %
SAUDI ARABIA 2.8 %
THAILAND 2.5 %
BRAZIL 2.5 %
MALAYSIA 2.4 %
HONG KONG 2.2 %

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.
5.6% 19.8% 9.4% 5.0% 4.2%

Market Correlations
versus... Beta R-squared
S&P500 0.74 71%
MSCI EAFE 0.76 77%
MSCI Emg. Mkts. 0.79 82%

Technical Indicators
Recent close $59.43
30d moving avg. $62.70
Annualized volatility 15.2%
Short interest (ETF) 0.1%
Relative strength (RSI) 48

Liquidity measures
Avg. volume (thou.) 20
Turnover 0.3%
Bid/Ask (% of price) 0.22%
ADV underlying (mns) $7,529

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 330 potential alternatives to the iShares MSCI Emerging Markets Small Cap ETF ETF based on the alternatives' overlap in portfolio holdings with EEMS. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EEMS Expense: 70 bp ALTAR Score™: 7.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EEMS
Ticker Fund
Name		 Overlap1
vs EEMS
(%)		 Expense
ratio
(bp)		 Savings
vs EEMS
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EEMS
(%)
EWX SPDR S&P Emerging Markets Small Cap ETF 31.7 65 5 8.2 +0.5
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 29.7 58 12 10.2 +2.5
AVES Avantis Emerging Markets Value ETF 20.0 36 34 11.6 +3.9
SMIN iShares MSCI India Small Cap ETF 18.6 79 -9 3.5 -4.3
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 17.8 7 63 6.7 -1.0
DFEM Dimensional Emerging Markets Core Equity 2 ETF 17.7 38 32 7.8 +0.1
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 17.1 41 29 7.4 -0.3
AVEM Avantis Emerging Markets Equity ETF 16.4 33 37 8.9 +1.2
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 15.9 59 11 11.3 +3.6
DFEV Dimensional Emerging Markets Value ETF 14.3 43 27 11.1 +3.4
XCNY SPDR S&P Emerging Markets ex-China ETF 13.7 15 55 6.3 -1.4
IEMG iShares Core MSCI Emerging Markets ETF 11.6 9 61 7.5 -0.3
DFAE Dimensional Emerging Core Equity Market ETF 10.8 35 35 7.3 -0.4
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 9.4 80 -10 12.3 +4.6
VWO Vanguard FTSE Emerging Markets ETF 9.1 8 62 6.9 -0.8
DEM WisdomTree Emerging Markets High Dividend Fund 8.5 63 7 18.9 +11.2
EPI WisdomTree India Earnings Fund 8.1 85 -15 6.1 -1.7
SPEM SPDR Portfolio Emerging Markets ETF 7.5 7 63 7.3 -0.4
ECNS iShares MSCI China Small-Cap ETF 7.3 59 11 14.2 +6.5
GMF SPDR S&P Emerging Asia Pacific ETF 6.9 49 21 6.1 -1.6
XC WisdomTree Emerging Markets Ex-China Fund 6.3 32 38 6.0 -1.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 5.9 30 40 8.0 +0.3
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 5.4 44 26 10.6 +2.9
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 5.3 50 20 13.0 +5.3
DEHP Dimensional Emerging Markets High Profitability ETF 5.2 41 29 5.0 -2.7
FDEM Fidelity Emerging Markets Multifactor ETF 4.9 25 45 12.3 +4.6
PIN Invesco India ETF 4.7 78 -8 4.5 -3.2
GWX SPDR S&P International Small Cap ETF 4.7 40 30 6.5 -1.2
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 4.4 90 -20 6.1 -1.6
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 4.3 33 37 8.2 +0.5
FLIN Franklin FTSE India ETF 4.2 19 51 4.7 -3.0
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 4.2 49 21 7.0 -0.7
VNQI Vanguard Global ex-U.S. Real Estate ETF 4.1 12 58 8.3 +0.6
SCHE Schwab Emerging Markets Equity ETF 3.9 11 59 7.1 -0.6
ROAM Hartford Multifactor Emerging Markets ETF 3.7 44 26 15.8 +8.1
FNDC Schwab Fundamental International Small Co. Index ETF 3.7 39 31 7.2 -0.5
UEVM VictoryShares Emerging Markets Value Momentum ETF 3.6 45 25 12.3 +4.6
EEMO Invesco S&P Emerging Markets Momentum ETF 3.5 29 41 5.5 -2.2
EMGF iShares Emerging Markets Equity Factor ETF 3.5 25 45 8.5 +0.8
FLTW Franklin FTSE Taiwan ETF 3.5 19 51 5.9 -1.8
SCHC Schwab International Small-Cap Equity ETF 3.4 11 59 6.6 -1.1
FLAX Franklin FTSE Asia Ex Japan ETF 3.4 19 51 6.9 -0.8
VSGX Vanguard ESG International Stock ETF 3.4 12 58 6.8 -0.9
IXUS iShares Core MSCI Total International Stock ETF 3.3 7 63 7.2 -0.5
GXC SPDR S&P China ETF 3.1 59 11 8.3 +0.6
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 3.1 88 -18 7.4 -0.3
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 3.0 36 34 7.8 +0.1
VXUS Vanguard Total International Stock ETF 2.9 7 63 7.2 -0.5
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 2.9 32 38 6.2 -1.5
BKEM BNY Mellon Emerging Markets Equity ETF 2.9 11 59 8.4 +0.7
FLKR Franklin FTSE South Korea ETF 2.8 9 61 10.6 +2.9
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 2.8 10 60 7.7 -0.1
KSA iShares MSCI Saudi Arabia ETF 2.8 74 -4 5.6 -2.1
EYLD Cambria Emerging Shareholder Yield ETF 2.7 66 4 13.2 +5.5
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 2.6 95 -25 10.5 +2.8
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 2.5 15 55 10.2 +2.5
EWZS iShares MSCI Brazil Small-Cap ETF 2.5 59 11 10.9 +3.2
THD iShares MSCI Thailand ETF 2.5 58 12 6.1 -1.6
VIDI Vident International Equity Strategy ETF 2.4 61 9 10.2 +2.5
DVYE iShares Emerging Markets Dividend ETF 2.4 49 21 18.8 +11.1
EDIV SPDR S&P Emerging Markets Dividend ETF 2.3 49 21 12.0 +4.3
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 2.0 80 -10 10.8 +3.1
PICK iShares MSCI Global Metals & Mining Producers ETF 2.0 39 31 12.8 +5.1
RODE Hartford Multifactor Diversified International ETF 1.9 29 41 11.8 +4.1
FLCH Franklin FTSE China ETF 1.9 19 51 8.8 +1.1
DGIN VanEck Digital India ETF 1.9 71 -1 0.1 -7.6
BRF VanEck Brazil Small-Cap ETF 1.9 66 4 9.7 +2.0
TUR iShares MSCI Turkey ETF 1.8 58 12 19.7 +12.0
PXH Invesco FTSE RAFI Emerging Markets ETF 1.7 49 21 12.2 +4.5
EIDO iShares MSCI Indonesia ETF 1.7 59 11 7.5 -0.2
FLLA Franklin FTSE Latin America ETF 1.7 19 51 13.2 +5.5
VEGI iShares MSCI Agriculture Producers ETF 1.7 39 31 9.2 +1.5
ECOW Pacer Emerging Markets Cash Cows 100 ETF 1.6 70 0 9.2 +1.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.5 9 61 5.4 -2.4
IDX VanEck Indonesia Index ETF 1.4 57 13 8.8 +1.1
XCEM Columbia EM Core ex-China ETF 1.4 16 54 7.7 0.0
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 1.4 15 55 7.2 -0.5
IPAV Global X Infrastructure Development ex-U.S. ETF 1.3 55 15 9.7 +2.0
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 1.3 42 28 8.1 +0.4
VPL Vanguard FTSE Pacific ETF 1.3 8 62 7.7 +0.0
GLIN VanEck India Growth Leaders ETF 1.3 77 -7 5.7 -2.0
VEU Vanguard FTSE All-World ex-US Index Fund 1.3 8 62 7.3 -0.5
PBD Invesco Global Clean Energy ETF 1.2 75 -5 -5.3 -13.0
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 1.2 39 31 12.5 +4.8
FLSA Franklin FTSE Saudi Arabia ETF 1.2 39 31 5.7 -2.0
EWW iShares MSCI Mexico ETF 1.2 50 20 13.2 +5.5
JHEM John Hancock Multifactor Emerging Markets ETF 1.2 49 21 8.2 +0.5
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 1.1 75 -5 4.6 -3.2
EELV Invesco S&P Emerging Markets Low Volatility ETF 1.0 29 41 8.7 +1.0
AFK VanEck Africa Index ETF 1.0 98 -28 9.1 +1.4
VT Vanguard Total World Stock ETF 1.0 7 63 5.5 -2.2
VYMI Vanguard International High Dividend Yield ETF 1.0 22 48 9.8 +2.1
GTEK Goldman Sachs Future Tech Leaders Equity ETF 1.0 75 -5 2.9 -4.9
RNEM First Trust Emerging Markets Equity Select ETF 1.0 75 -5 7.6 -0.2
ERTH Invesco MSCI Sustainable Future ETF 1.0 62 8 3.6 -4.1
EPOL iShares MSCI Poland ETF 1.0 59 11 12.9 +5.2
DFGR Dimensional Global Real Estate ETF 1.0 22 48 6.2 -1.5
AVRE Avantis Real Estate ETF 1.0 17 53 5.9 -1.8
EEMD AAM S&P Emerging Markets High Dividend Value ETF 0.9 49 21 16.1 +8.4
REET iShares Global REIT ETF 0.9 14 56 6.2 -1.5
SDIV Global X Superdividend ETF 0.9 58 12 14.9 +7.2
OBOR KraneShares MSCI One Belt One Road Index ETF 0.9 79 -9 10.3 +2.6
FLBR Franklin FTSE Brazil ETF 0.8 19 51 13.2 +5.5
GINN Goldman Sachs Innovate Equity ETF 0.8 52 18 2.8 -5.0
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.8 32 38 6.1 -1.7
HERO Global X Video Games & Esports ETF 0.8 50 20 4.4 -3.3
GLOF iShares Global Equity Factor ETF 0.8 20 50 7.0 -0.7
MINV Matthews Asia Innovators Active ETF 0.8 79 -9 3.0 -4.7
ANEW ProShares MSCI Transformational Changes ETF 0.8 45 25 3.6 -4.2
GREK Global X MSCI Greece ETF 0.7 57 13 -4.0 -11.7
EMM Global X Emerging Markets ex-China ETF 0.7 75 -5 4.2 -3.5
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.7 24 46 8.7 +1.0
UAE iShares MSCI UAE ETF 0.7 59 11 8.4 +0.7
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.6 86 -16 1.6 -6.1
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.6 45 25 5.7 -2.0
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.6 18 52 7.0 -0.7
ECH iShares MSCI Chile ETF 0.6 58 12 9.8 +2.1
CUT Invesco MSCI Global Timber ETF 0.6 61 9 8.4 +0.7
BTEK Future Tech ETF 0.6 88 -18 2.3 -5.4
QAT iShares MSCI Qatar ETF 0.6 59 11 9.4 +1.7
FBZ First Trust Brazil AlphaDEX Fund 0.6 80 -10 13.3 +5.6
FRDM Freedom 100 Emerging Markets ETF 0.6 49 21 7.3 -0.4
SCHY Schwab International Dividend Equity ETF 0.6 14 56 9.3 +1.6
RWX SPDR Dow Jones International Real Estate ETF 0.6 59 11 7.4 -0.3
FLMX Franklin FTSE Mexico ETF 0.6 19 51 16.2 +8.5
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.6 60 10 0.5 -7.2
GGME Invesco Next Gen Media and Gaming ETF 0.5 60 10 3.5 -4.2
IGRO iShares International Dividend Growth ETF 0.5 15 55 7.5 -0.2
JPIN J.P. Morgan Diversified Return International Equity ETF 0.5 37 33 8.9 +1.2
BATT Amplify Lithium & Battery Technology ETF 0.5 59 11 -0.1 -7.8
INQQ India Internet & Ecommerce ETF 0.5 86 -16 2.6 -5.1
RWO SPDR Dow Jones Global Real Estate ETF 0.5 50 20 6.1 -1.6
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 0.5 18 52 6.8 -0.9
VEA Vanguard FTSE Developed Markets ETF 0.5 5 65 7.3 -0.4
ETEC iShares Breakthrough Environmental Solutions ETF 0.5 47 23 8.0 +0.3
MEM Matthews Emerging Markets Equity Active ETF 0.5 79 -9 5.4 -2.3
FTAG First Trust Indxx Global Agriculture ETF 0.5 70 0 9.7 +2.0
CGV Conductor Global Equity Value ETF 0.5 130 -60 10.9 +3.2
SPDW SPDR Portfolio Developed World ex-US ETF 0.5 3 67 7.2 -0.5
CTEC Global X CleanTech ETF 0.5 50 20 2.9 -4.8
CQQQ Invesco China Technology ETF 0.5 70 0 -7.9 -15.6
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 0.5 86 -16 1.2 -6.5
GVAL Cambria Global Value ETF 0.5 68 2 13.1 +5.4
EMC Global X Emerging Markets Great Consumer ETF 0.5 75 -5 4.5 -3.2
IWTR iShares MSCI Water Management Multisector ETF 0.5 47 23 5.0 -2.7
ADIV SmartETFs Asia Pacific Dividend Builder ETF 0.5 78 -8 9.0 +1.3
EPHE iShares MSCI Philippines ETF 0.5 59 11 8.9 +1.2
ICLN iShares Global Clean Energy ETF 0.5 41 29 6.0 -1.7
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.5 58 12 4.6 -3.1
FMET Fidelity Metaverse ETF 0.4 39 31 5.4 -2.3
EFRA iShares Environmental Infrastructure and Industrials ETF 0.4 47 23 4.9 -2.8
FILL iShares MSCI Global Energy Producers ETF 0.4 39 31 9.6 +1.9
PGJ Invesco Golden Dragon China ETF 0.4 70 0 4.9 -2.8
KGRN KraneShares MSCI China Clean Technology Index ETF 0.4 79 -9 5.6 -2.1
NDIA Global X India Active ETF 0.4 75 -5 7.2 -0.5
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.4 47 23 5.5 -2.3
KWEB KraneShares CSI China Internet ETF 0.4 69 1 -1.4 -9.1
SMOG VanEck Low Carbon Energy ETF 0.4 61 9 2.4 -5.4
FAN First Trust Global Wind Energy ETF 0.4 60 10 5.5 -2.2
JSTC Adasina Social Justice All Cap Global ETF 0.4 89 -19 4.9 -2.8
IPKW Invesco International BuyBack Achievers ETF 0.3 55 15 11.0 +3.3
CGW Invesco S&P Global Water Index ETF 0.3 57 13 4.4 -3.3
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 0.3 32 38 6.9 -0.8
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.3 56 14 13.5 +5.8
IDV iShares International Select Dividend ETF 0.3 51 19 12.2 +4.5
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.3 45 25 -0.6 -8.3
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.3 39 31 7.4 -0.3
IBAT iShares Energy Storage & Materials ETF 0.3 47 23 3.1 -4.6
VGSR Vert Global Sustainable Real Estate ETF 0.3 47 23 5.6 -2.1
SOCL Global X Social Media ETF 0.3 65 5 -6.4 -14.1
WNDY Global X Wind Energy ETF 0.3 50 20 6.1 -1.6
SHPP Pacer Industrials and Logistics ETF 0.3 60 10 9.9 +2.2
JIG JPMorgan International Growth ETF 0.3 55 15 4.6 -3.1
BLDG Cambria Global Real Estate ETF 0.3 60 10 14.3 +6.6
FNDF Schwab Fundamental International Large Co. Index ETF 0.3 25 45 9.9 +2.2
KPOP KPOP and Korean Entertainment ETF 0.3 75 -5 -9.2 -16.9
GII SPDR S&P Global Infrastructure ETF 0.3 40 30 4.3 -3.4
IGF iShares Global Infrastructure ETF 0.3 41 29 4.3 -3.4
IGPT Invesco AI and Next Gen Software ETF 0.3 60 10 3.8 -3.9
GOEX Global X Gold Explorers ETF 0.3 65 5 4.4 -3.3
EMFQ Amplify Emerging Markets FinTech ETF 0.3 69 1 5.3 -2.4
SHLD Global X Defense Tech ETF 0.3 50 20 4.6 -3.1
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.3 46 24 9.3 +1.6
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.3 80 -10 9.1 +1.4
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 0.3 80 -10 7.6 -0.1
EMMF WisdomTree Emerging Markets Multifactor Fund 0.3 48 22 8.8 +1.1
AGNG Global X Aging Population ETF 0.2 50 20 4.2 -3.5
HART IQ Healthy Hearts ETF 0.2 45 25 5.0 -2.7
BIGFX Baron International Growth Retail 0.2 75 -5 3.1 -4.6
TINT ProShares Smart Materials ETF 0.2 58 12 6.4 -1.3
INDF Nifty India Financials ETF 0.2 75 -5 5.3 -2.5
FTHF First Trust Emerging Markets Human Flourishing ETF 0.2 75 -5 8.9 +1.2
ION ProShares S&P Global Core Battery Metals ETF 0.2 58 12 15.5 +7.8
KTEC KraneShares Hang Seng TECH Index ETF 0.2 69 1 -3.6 -11.3
URA Global X Uranium ETF 0.2 69 1 2.4 -5.3
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.2 45 25 11.0 +3.3
IDAT iShares Future Cloud 5G and Tech ETF 0.2 47 23 4.3 -3.4
KOMP SPDR S&P Kensho New Economies Composite ETF 0.2 20 50 1.0 -6.7
GDXJ VanEck Junior Gold Miners ETF 0.2 52 18 4.5 -3.2
FTRI First Trust Indxx Global Natural Resources Income ETF 0.2 70 0 9.8 +2.1
WOOD iShares Global Timber & Forestry ETF 0.2 42 28 9.8 +2.1
CCNR ALPS CoreCommodity Natural Resources ETF 0.2 39 31 11.0 +3.3
EMIF iShares Emerging Markets Infrastructure ETF 0.2 60 10 8.5 +0.8
VIGI Vanguard International Dividend Appreciation ETF 0.2 15 55 6.4 -1.3
IQDE FlexShares International Quality Dividend Defensive Index ET 0.2 47 23 14.8 +7.1
EPU iShares MSCI Peru and Global Exposure ETF 0.2 59 11 5.5 -2.2
SETM Sprott Energy Transition Materials ETF 0.2 65 5 6.0 -1.8
RNRG Global X Renewable Energy Producers ETF 0.2 66 4 5.5 -2.2
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.2 46 24 4.9 -2.8
CRAK VanEck Oil Refiners ETF 0.2 61 9 14.7 +7.0
DMAT Global X Disruptive Materials ETF 0.2 59 11 10.5 +2.8
BRAZ Global X Brazil Active ETF 0.2 75 -5 10.1 +2.4
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.2 20 50 6.8 -0.9
SRET Global X SuperDividend REIT ETF 0.2 59 11 9.7 +2.0
DEW WisdomTree Global High Dividend Fund 0.2 58 12 8.5 +0.8
NUEM Nuveen ESG Emerging Markets Equity ETF 0.2 36 34 6.5 -1.2
NERD Roundhill Video Games ETF 0.2 50 20 7.1 -0.6
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.2 47 23 9.4 +1.7
APIE ActivePassive International Equity ETF 0.2 45 25 8.1 +0.4
MOTI VanEck Morningstar International Moat ETF 0.2 58 12 5.9 -1.8
XT iShares Exponential Technologies ETF 0.2 46 24 4.8 -2.9
ARGT Global X MSCI Argentina ETF 0.2 59 11 5.4 -2.3
ROBO ROBO Global Robotics & Automation Index ETF 0.2 95 -25 3.5 -4.2
COPX Global X Copper Miners ETF 0.2 65 5 8.2 +0.5
ICOP iShares Copper and Metals Mining ETF 0.2 47 23 10.1 +2.4
IDRV iShares Self-driving EV & Tech ETF 0.2 47 23 -0.4 -8.1
TAN Invesco Solar ETF 0.1 67 3 10.4 +2.7
IDHQ Invesco S&P International Developed High Quality ETF 0.1 29 41 6.5 -1.2
FRNW Fidelity Clean Energy ETF 0.1 39 31 2.6 -5.2
SCHF Schwab International Equity ETF 0.1 6 64 7.5 -0.2
SGDJ Sprott Junior Gold Miners ETF 0.1 50 20 5.6 -2.1
BNGE First Trust S-Network Streaming and Gaming ETF 0.1 70 0 -3.5 -11.2
TINY ProShares Nanotechnology ETF 0.1 58 12 1.9 -5.8
HYDR Global X Hydrogen ETF 0.1 50 20 -15.6 -23.3
LUXX Roundhill S&P Global Luxury ETF 0.1 45 25 2.9 -4.8
RING iShares MSCI Global Gold Miners ETF 0.1 39 31 5.6 -2.1
FIXT Procure Disaster Recovery Strategy ETF 0.1 75 -5 5.8 -1.9
DINT Davis Select International ETF 0.1 55 15 6.0 -1.7
DWLD Davis Select Worldwide ETF 0.1 63 7 6.7 -1.0
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 0.1 68 2 8.2 +0.5
ISCF iShares International SmallCap Equity Factor ETF 0.1 23 47 9.1 +1.4
JETS U.S. Global Jets ETF 0.1 60 10 -13.3 -21.0
AQWA Global X Clean Water ETF 0.1 50 20 4.2 -3.5
QINT American Century Quality Diversified International ETF 0.1 39 31 7.7 0.0
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.1 66 4 10.0 +2.3
IHAK iShares Cybersecurity & Tech ETF 0.1 47 23 3.2 -4.5
FBOT Fidelity Disruptive Automation ETF 0.1 50 20 3.6 -4.1
CGGO Capital Group Global Growth Equity ETF 0.1 47 23 4.6 -3.1
SPEU SPDR Portfolio Europe ETF 0.1 7 63 7.1 -0.6
PIO Invesco Global Water ETF 0.1 75 -5 5.2 -2.6
WTAI WisdomTree Artificial Intelligence and Innovation Fund 0.1 45 25 3.1 -4.6
VGK Vanguard FTSE Europe ETF 0.1 11 59 7.1 -0.6
ECON Columbia Emerging Markets Consumer ETF 0.1 49 21 7.3 -0.4
COPA Themes Copper Miners ETF 0.1 35 35 7.3 -0.4
IQDF FlexShares International Quality Dividend Index Fund 0.1 47 23 12.9 +5.2
DRIV Global X Autonomous & Electric Vehicles ETF 0.1 68 2 4.8 -2.9
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 0.1 61 9 1.2 -6.5
SATO Invesco Alerian Galaxy Crypto Economy ETF 0.1 61 9 -2.4 -10.1
BPAY BlackRock Future Financial and Technology ETF 0.1 70 0 8.2 +0.5
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.1 85 -15 8.6 +0.9
WFH Direxion Work From Home ETF 0.1 45 25 6.0 -1.8
BLLD JPMorgan Sustainable Infrastructure ETF 0.1 49 21 5.7 -2.0
FLHK Franklin FTSE Hong Kong ETF 0.1 9 61 6.8 -0.9
FYLD Cambria Foreign Shareholder Yield ETF 0.1 59 11 13.6 +5.9
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.1 72 -2 1.0 -6.7
EDOG ALPS Emerging Sector Dividend Dogs ETF 0.1 60 10 13.4 +5.7
ERNZ TrueShares Active Yield ETF 0.1 75 -5 10.9 +3.2
OCEN IQ Clean Oceans ETF 0.1 45 25 6.1 -1.6
NBCC Neuberger Berman Next Generation Connected Consumer ETF 0.1 56 14 1.1 -6.6
BJK VanEck Gaming ETF 0.1 65 5 1.4 -6.3
BFGFX Baron Focused Growth Retail 0.1 75 -5 3.1 -4.6
BARAX Baron Asset Retail 0.1 75 -5 3.4 -4.3
BPTRX Baron Partners Retail 0.1 75 -5 3.6 -4.1
SPRE SP Funds S&P Global REIT Sharia ETF 0.1 55 15 4.6 -3.1
CNRG SPDR S&P Kensho Clean Power ETF 0.1 45 25 2.8 -4.9
CCSO Carbon Collective Climate Solutions US Equity ETF 0.1 35 35 1.9 -5.8
EDOC Global X Telemedicine & Digital Health ETF Registered 0.1 68 2 -4.1 -11.8
FDHT Fidelity Digital Health ETF 0.1 39 31 -2.3 -10.0
MOO VanEck Agribusiness ETF 0.1 53 17 9.7 +2.0
LNGG Roundhill Alerian LNG ETF 0.1 65 5 9.1 +1.4
GXG Global X MSCI Colombia ETF 0.1 62 8 15.8 +8.1
IFGL iShares International Developed Real Estate ETF 0.1 48 22 6.9 -0.8
CARZ First Trust NASDAQ Global Auto Index Fund 0.1 70 0 3.8 -3.9
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.1 39 31 7.5 -0.2
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.1 70 0 3.5 -4.2
BOTZ Global X Robotics & Artificial Intelligence ETF 0.1 69 1 2.4 -5.3
SRVR Pacer Data & Infrastructure Real Estate ETF 0.1 55 15 1.9 -5.8
DTCR Global X Data Center & Digital Infrastructure ETF 0.1 50 20 4.7 -3.1
URNJ Sprott Junior Uranium Miners ETF 0.1 80 -10 -2.4 -10.1
URAN Themes Uranium & Nuclear ETF 0.1 35 35 1.9 -5.8
BOAT SonicShares Global Shipping ETF 0.1 69 1 34.8 +27.1
ESPO VanEck Video Gaming and eSports ETF 0.1 56 14 3.5 -4.2
ODDS Pacer BlueStar Digital Entertainment ETF 0.1 60 10 2.3 -5.4
KURE KraneShares MSCI All China Health Care Index ETF 0.1 65 5 4.3 -3.4
NLR VanEck Uranium+Nuclear Energy ETF 0.1 61 9 2.9 -4.8
RAYS Global X Solar ETF 0.1 51 19 6.9 -0.8
ZSB USCF Sustainable Battery Metals Strategy Fund 0.1 61 9 18.6 +10.9
IDNA iShares Genomics Immunology and Healthcare ETF 0.1 47 23 -4.3 -12.0
SNSR Global X Internet of Things ETF 0.1 68 2 4.6 -3.1
ARVR First Trust Indxx Metaverse ETF 0.1 70 0 0.8 -6.9
NIKL Sprott Nickel Miners ETF 0.1 75 -5 10.2 +2.5
ISHP First Trust Nasdaq Retail ETF 0.1 60 10 2.9 -4.9
EV Mast Global Battery Recycling & Production ETF 0.1 65 5 12.2 +4.5
MRAD SmartETFs Advertising & Marketing Technology ETF 0.1 68 2 5.5 -2.2
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.1 24 46 9.2 +1.5
IQIN IQ 500 International ETF 0.0 25 45 9.2 +1.5
SXUS Janus Henderson International Sustainable Equity ETF 0.0 60 10 4.2 -3.5
ERET iShares Environmentally Aware Real Estate ETF 0.0 30 40 6.5 -1.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.0 41 29 7.4 -0.3
BDFIX Baron Discovery 0.0 75 -5 0.2 -7.5
AWAY ETFMG Travel Tech ETF 0.0 76 -6 -5.2 -12.9
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.0 39 31 -1.7 -9.4
HDRO Defiance Next Gen H2 ETF 0.0 30 40 -21.5 -29.2
AHOY Newday Ocean Health ETF 0.0 75 -5 6.2 -1.5
IVRS iShares Future Metaverse Tech and Communications ETF 0.0 47 23 -4.9 -12.6
MOTO SmartETFs Smart Transportation & Technology ETF 0.0 68 2 7.3 -0.4
IMFL Invesco International Developed Dynamic Multifactor ETF 0.0 34 36 5.9 -1.8
COPJ Sprott Junior Copper Miners ETF 0.0 75 -5 17.2 +9.5
PTEC Global X PropTech ETF 0.0 50 20 1.6 -6.1
ILIT iShares Lithium Miners and Producers ETF 0.0 47 23 12.3 +4.6
BUG Global X Cybersecurity ETF 0.0 51 19 2.1 -5.6
WCBR WisdomTree Cybersecurity Fund 0.0 45 25 2.0 -5.7
JFWD Jacob Forward ETF 0.0 75 -5 0.0 -7.7
VICE AdvisorShares Vice ETF 0.0 99 -29 5.0 -2.7
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 25 8.9 +1.2
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 49 3.8 -3.9
IBRN iShares Neuroscience and Healthcare ETF 0.0 47 23 -4.8 -12.5
WTRE WisdomTree New Economy Real Estate Fund 0.0 58 12 0.3 -7.4
BBEU JPMorgan BetaBuilders Europe ETF 0.0 9 61 7.1 -0.6
EWY iShares MSCI South Korea ETF 0.0 58 12 9.8 +2.1

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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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 Emerging Markets 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 10.4 %
Divided by: Fwd. P/BV 1.2 x
Less: Expense ratio 70 bp
Equals: ALTAR Score 7.7 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.57 CATEGORY
AVERAGE		 1.48
 
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.