iShares MSCI Emerging Markets Small Cap ETF
ALTAR
Score™		 7.3% info Recommen-
dation		 NEUTRAL
2024E    2025E
P/E
ratio		 11.9x P/Sales
ratio		 0.8x
P/BV
ratio		 1.3x Div.
yield		 2.9%


  • 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) $363
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 1617
Wgt avg mkt cap (mns) $1,640
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 37.9%
Small cap (<$2bn) 60.8%
Developed mkts 4.7%
Emerging mkts 95.3%

TOP TEN HOLDINGS
ABRDN PHYSICAL PRECIOUS METALS BAS 1.0 %
ASIA VITAL COMPONENTS 0.5 %
NIIT TECHNOLOGIES LTD 0.4 %
ALTEOGEN INC. 0.4 %
EMPRESA BRAS DE AERONAUTICA 0.4 %
EMBASSY OFFICE PARKS REIT 0.3 %
INTERNATIONAL GAMES SYSTEM C 0.3 %
LOTES CO LTD 0.3 %
CHICONY ELECTRONICS CO LTD 0.3 %
ELITE MATERIAL CO LTD 0.3 %
Total 4.1 %

TOP COUNTRY EXPOSURE
TAIWAN 21.1 %
INDIA 18.5 %
SOUTH KOREA 10.3 %
CHINA 4.4 %
BRAZIL 3.8 %
SAUDI ARABIA 3.2 %
THAILAND 2.8 %
SOUTH AFRICA 2.8 %
HONG KONG 2.1 %
MALAYSIA 2.1 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
0.7% 18.7% 7.9% 4.4% 4.0%

Market Correlations
versus... Beta R-squared
S&P500 0.73 71%
MSCI EAFE 0.81 82%
MSCI Emg. Mkts. 0.77 79%

Technical Indicators
Recent close $58.55
30d moving avg. $56.38
Annualized volatility 15.3%
Short interest (ETF) 3.5%
Relative strength (RSI) 69

Liquidity measures
Avg. volume (thou.) 24
Turnover 0.4%
Bid/Ask (% of price) 0.22%
ADV underlying (mns) $9,903

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 328 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™: 7.3%


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 42.9 65 5 7.7 +0.5
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 32.5 58 12 10.1 +2.9
AVES Avantis Emerging Markets Value ETF 21.4 36 34 12.2 +4.9
DFEM Dimensional Emerging Markets Core Equity 2 ETF 19.7 38 32 8.3 +1.0
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 19.6 7 63 6.5 -0.8
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 19.4 41 29 7.9 +0.6
SMIN iShares MSCI India Small Cap ETF 18.5 79 -9 4.3 -2.9
AVEM Avantis Emerging Markets Equity ETF 18.1 33 37 9.2 +1.9
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 16.9 59 11 9.6 +2.3
DFEV Dimensional Emerging Markets Value ETF 14.7 43 27 11.0 +3.7
IEMG iShares Core MSCI Emerging Markets ETF 12.6 9 61 7.6 +0.3
DFAE Dimensional Emerging Core Equity Market ETF 11.9 35 35 7.8 +0.5
VWO Vanguard FTSE Emerging Markets ETF 10.1 8 62 7.6 +0.4
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 9.7 80 -10 14.3 +7.0
DEM WisdomTree Emerging Markets High Dividend Fund 8.7 63 7 12.9 +5.7
EPI WisdomTree India Earnings Fund 8.4 85 -15 6.7 -0.6
SPEM SPDR Portfolio Emerging Markets ETF 7.6 7 63 7.5 +0.3
GMF SPDR S&P Emerging Asia Pacific ETF 7.5 49 21 6.4 -0.8
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 7.2 90 -20 6.9 -0.3
ECNS iShares MSCI China Small-Cap ETF 6.7 59 11 14.5 +7.2
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 6.5 50 20 10.6 +3.3
DFAX Dimensional World ex U.S. Core Equity 2 ETF 6.3 30 40 7.8 +0.5
EEMO Invesco S&P Emerging Markets Momentum ETF 6.3 29 41 6.2 -1.1
XC WisdomTree Emerging Markets Ex-China Fund 5.7 32 38 6.2 -1.1
GWX SPDR S&P International Small Cap ETF 5.4 40 30 6.5 -0.8
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 5.2 44 26 10.3 +3.1
DEHP Dimensional Emerging Markets High Profitability ETF 5.0 41 29 7.3 +0.1
FDEM Fidelity Emerging Markets Multifactor ETF 4.8 25 45 12.0 +4.8
UEVM VictoryShares Emerging Markets Value Momentum ETF 4.7 45 25 12.8 +5.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 4.5 49 21 6.6 -0.7
PIN Invesco India ETF 4.4 78 -8 3.8 -3.5
FLIN Franklin FTSE India ETF 4.4 19 51 5.2 -2.0
FNDC Schwab Fundamental International Small Co. Index ETF 4.2 39 31 6.8 -0.5
VNQI Vanguard Global ex-U.S. Real Estate ETF 4.2 12 58 8.6 +1.3
SCHC Schwab International Small-Cap Equity ETF 3.9 11 59 6.4 -0.9
EWZS iShares MSCI Brazil Small-Cap ETF 3.9 59 11 8.1 +0.8
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 3.8 32 38 6.3 -1.0
SCHE Schwab Emerging Markets Equity ETF 3.8 11 59 7.6 +0.4
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 3.8 33 37 7.2 -0.1
FLTW Franklin FTSE Taiwan ETF 3.6 19 51 6.0 -1.3
VSGX Vanguard ESG International Stock ETF 3.6 12 58 6.8 -0.5
ROAM Hartford Multifactor Emerging Markets ETF 3.5 44 26 11.8 +4.5
IXUS iShares Core MSCI Total International Stock ETF 3.4 7 63 6.9 -0.4
FLKR Franklin FTSE South Korea ETF 3.3 9 61 9.3 +2.1
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 3.2 10 60 8.0 +0.8
FLAX Franklin FTSE Asia Ex Japan ETF 3.2 19 51 7.2 -0.1
KSA iShares MSCI Saudi Arabia ETF 3.1 74 -4 5.4 -1.8
EMGF iShares Emerging Markets Equity Factor ETF 3.1 25 45 8.7 +1.4
GXC SPDR S&P China ETF 3.1 59 11 9.2 +1.9
EDIV SPDR S&P Emerging Markets Dividend ETF 3.0 49 21 11.0 +3.8
VXUS Vanguard Total International Stock ETF 3.0 7 63 7.1 -0.2
FLLA Franklin FTSE Latin America ETF 3.0 19 51 11.5 +4.3
VIDI Vident International Equity Strategy ETF 2.9 61 9 11.9 +4.6
THD iShares MSCI Thailand ETF 2.8 58 12 5.7 -1.5
BKEM BNY Mellon Emerging Markets Equity ETF 2.8 11 59 7.7 +0.5
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 2.8 88 -18 6.2 -1.1
EYLD Cambria Emerging Shareholder Yield ETF 2.7 66 4 12.2 +4.9
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 2.7 36 34 7.5 +0.2
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 2.6 95 -25 11.5 +4.2
DVYE iShares Emerging Markets Dividend ETF 2.6 49 21 16.6 +9.3
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 2.5 80 -10 10.9 +3.7
XCEM Columbia EM Core ex-China ETF 2.5 16 54 7.4 +0.1
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 2.4 15 55 7.1 -0.2
PICK iShares MSCI Global Metals & Mining Producers ETF 2.4 39 31 11.1 +3.8
BRF VanEck Brazil Small-Cap ETF 2.4 66 4 7.8 +0.5
DGIN VanEck Digital India ETF 2.3 71 -1 1.6 -5.7
IMFL Invesco International Developed Dynamic Multifactor ETF 2.3 34 36 10.5 +3.2
RODE Hartford Multifactor Diversified International ETF 2.3 29 41 11.5 +4.2
EELV Invesco S&P Emerging Markets Low Volatility ETF 2.1 29 41 8.2 +1.0
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 2.0 86 -16 2.0 -5.3
VEGI iShares MSCI Agriculture Producers ETF 2.0 39 31 9.1 +1.9
PXH Invesco FTSE RAFI Emerging Markets ETF 2.0 49 21 12.5 +5.3
TUR iShares MSCI Turkey ETF 1.9 58 12 18.8 +11.6
EWW iShares MSCI Mexico ETF 1.8 50 20 9.6 +2.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.8 9 61 5.7 -1.6
FEM First Trust Emerging Markets AlphaDEX Fund 1.7 80 -10 16.4 +9.2
RNEM First Trust Emerging Markets Equity Select ETF 1.6 75 -5 8.3 +1.0
EIDO iShares MSCI Indonesia ETF 1.6 59 11 7.5 +0.2
FLCH Franklin FTSE China ETF 1.5 19 51 9.8 +2.5
FLBR Franklin FTSE Brazil ETF 1.5 19 51 12.3 +5.0
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 1.5 86 -16 1.9 -5.3
VPL Vanguard FTSE Pacific ETF 1.5 8 62 6.9 -0.4
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 1.5 42 28 6.8 -0.5
PBD Invesco Global Clean Energy ETF 1.5 75 -5 -3.8 -11.1
GLIN VanEck India Growth Leaders ETF 1.5 77 -7 5.4 -1.9
ECOW Pacer Emerging Markets Cash Cows 100 ETF 1.3 70 0 11.4 +4.2
IDX VanEck Indonesia Index ETF 1.3 57 13 8.0 +0.7
EPOL iShares MSCI Poland ETF 1.2 59 11 10.4 +3.1
VEU Vanguard FTSE All-World ex-US Index Fund 1.2 8 62 7.2 -0.1
AVRE Avantis Real Estate ETF 1.1 17 53 6.6 -0.7
REET iShares Global REIT ETF 1.1 14 56 7.1 -0.2
VT Vanguard Total World Stock ETF 1.1 7 63 5.8 -1.5
EEMD AAM S&P Emerging Markets High Dividend Value ETF 1.1 49 21 19.0 +11.7
OBOR KraneShares MSCI One Belt One Road Index ETF 1.1 79 -9 10.4 +3.1
FLMX Franklin FTSE Mexico ETF 1.1 19 51 10.7 +3.4
BTEK Future Tech ETF 1.1 88 -18 2.1 -5.2
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 1.1 47 23 0.7 -6.6
DFGR Dimensional Global Real Estate ETF 1.0 22 48 7.0 -0.3
CXSE WisdomTree China ex-State-Owned Enterprises Fund 1.0 32 38 5.8 -1.5
FLSA Franklin FTSE Saudi Arabia ETF 1.0 39 31 5.6 -1.7
SDIV Global X Superdividend ETF 1.0 58 12 17.7 +10.4
AFK VanEck Africa Index ETF 1.0 98 -28 9.9 +2.7
VYMI Vanguard International High Dividend Yield ETF 1.0 22 48 9.7 +2.4
EMM Global X Emerging Markets ex-China ETF 0.9 75 -5 3.7 -3.6
INQQ India Internet & Ecommerce ETF 0.9 86 -16 10.8 +3.5
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.9 75 -5 5.2 -2.1
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.9 39 31 12.7 +5.4
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.9 58 12 4.6 -2.7
GLOF iShares Global Equity Factor ETF 0.8 20 50 7.0 -0.3
ERTH Invesco MSCI Sustainable Future ETF 0.8 62 8 3.7 -3.6
GINN Goldman Sachs Innovate Equity ETF 0.8 52 18 2.7 -4.6
FBZ First Trust Brazil AlphaDEX Fund 0.8 80 -10 11.7 +4.4
JHEM John Hancock Multifactor Emerging Markets ETF 0.8 49 21 8.4 +1.1
UAE iShares MSCI UAE ETF 0.7 59 11 9.0 +1.7
ECH iShares MSCI Chile ETF 0.7 58 12 10.6 +3.3
FLN First Trust Latin America AlphaDEX Fund 0.7 80 -10 10.9 +3.6
CGV Conductor Global Equity Value ETF 0.7 130 -60 11.2 +4.0
FRDM Freedom 100 Emerging Markets ETF 0.7 49 21 7.3 +0.0
ICLN iShares Global Clean Energy ETF 0.7 41 29 4.2 -3.0
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.7 45 25 6.3 -1.0
CTEC Global X CleanTech ETF 0.7 50 20 1.0 -6.3
ETEC iShares Breakthrough Environmental Solutions ETF 0.6 47 23 5.3 -1.9
GVAL Cambria Global Value ETF 0.6 68 2 12.3 +5.0
QAT iShares MSCI Qatar ETF 0.6 59 11 9.2 +2.0
SCHY Schwab International Dividend Equity ETF 0.6 14 56 9.2 +1.9
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 0.6 80 -10 9.9 +2.6
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.6 80 -10 10.7 +3.4
HERO Global X Video Games & Esports ETF 0.6 50 20 5.1 -2.2
VEA Vanguard FTSE Developed Markets ETF 0.6 5 65 6.9 -0.3
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 0.6 18 52 7.9 +0.6
EPHE iShares MSCI Philippines ETF 0.6 59 11 8.9 +1.6
NDIA Global X India Active ETF 0.6 75 -5 6.5 -0.8
RWX SPDR Dow Jones International Real Estate ETF 0.6 59 11 7.0 -0.2
SPDW SPDR Portfolio Developed World ex-US ETF 0.6 3 67 6.9 -0.4
GREK Global X MSCI Greece ETF 0.6 57 13 -1.6 -8.8
RWO SPDR Dow Jones Global Real Estate ETF 0.6 50 20 6.9 -0.4
CN Xtrackers MSCI All China Equity ETF 0.5 50 20 10.0 +2.7
IGRO iShares International Dividend Growth ETF 0.5 15 55 7.0 -0.2
IWTR iShares MSCI Water Management Multisector ETF 0.5 47 23 4.8 -2.4
PGJ Invesco Golden Dragon China ETF 0.5 70 0 5.0 -2.3
KGRN KraneShares MSCI China Clean Technology Index ETF 0.5 79 -9 6.6 -0.7
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.5 45 25 8.6 +1.4
CUT Invesco MSCI Global Timber ETF 0.5 61 9 8.5 +1.3
FTAG First Trust Indxx Global Agriculture ETF 0.5 70 0 9.1 +1.8
JPIN J.P. Morgan Diversified Return International Equity ETF 0.5 37 33 8.6 +1.4
DWX SPDR S&P International Dividend ETF 0.5 45 25 7.1 -0.2
NERD Roundhill Video Games ETF 0.5 50 20 7.9 +0.7
FILL iShares MSCI Global Energy Producers ETF 0.5 39 31 9.1 +1.8
BATT Amplify Lithium & Battery Technology ETF 0.5 59 11 2.9 -4.4
SMOG VanEck Low Carbon Energy ETF 0.5 61 9 3.0 -4.2
ANEW ProShares MSCI Transformational Changes ETF 0.5 45 25 3.3 -4.0
IPKW Invesco International BuyBack Achievers ETF 0.5 55 15 9.1 +1.8
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.5 60 10 1.0 -6.3
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.5 45 25 4.8 -2.4
GTEK Goldman Sachs Future Tech Leaders Equity ETF 0.4 75 -5 3.2 -4.1
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.4 47 23 5.9 -1.4
BRAZ Global X Brazil Active ETF 0.4 75 -5 10.1 +2.8
FAN First Trust Global Wind Energy ETF 0.4 60 10 5.5 -1.8
TCHI iShares MSCI China Multisector Tech ETF 0.4 59 11 3.1 -4.2
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.4 24 46 8.5 +1.2
HJEN Direxion Hydrogen ETF 0.4 45 25 -3.1 -10.4
BLDG Cambria Global Real Estate ETF 0.4 60 10 9.3 +2.0
FM iShares Frontier and Select EM ETF 0.4 80 -10 9.5 +2.3
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.4 66 4 7.2 -0.0
TINT ProShares Smart Materials ETF 0.4 58 12 5.7 -1.6
KPOP KPOP and Korean Entertainment ETF 0.4 75 -5 -9.0 -16.2
EFRA iShares Environmental Infrastructure and Industrials ETF 0.4 47 23 5.2 -2.0
AGNG Global X Aging Population ETF 0.4 50 20 4.1 -3.2
GGME Invesco Next Gen Media and Gaming ETF 0.4 60 10 4.0 -3.2
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.4 46 24 8.9 +1.6
ADIV SmartETFs Asia Pacific Dividend Builder ETF 0.4 78 -8 9.0 +1.7
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.4 80 -10 5.6 -1.7
HART IQ Healthy Hearts ETF 0.3 45 25 5.3 -2.0
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 0.3 32 38 7.6 +0.3
SOCL Global X Social Media ETF 0.3 65 5 -5.7 -13.0
WNDY Global X Wind Energy ETF 0.3 50 20 5.1 -2.2
IGPT Invesco AI and Next Gen Software ETF 0.3 60 10 3.8 -3.5
IWFH iShares Virtual Work and Life Multisector ETF 0.3 47 23 -3.5 -10.8
CQQQ Invesco China Technology ETF 0.3 70 0 -5.8 -13.1
DMAT Global X Disruptive Materials ETF 0.3 59 11 10.2 +2.9
EPU iShares MSCI Peru and Global Exposure ETF 0.3 59 11 5.6 -1.7
IDHQ Invesco S&P International Developed High Quality ETF 0.3 29 41 5.7 -1.6
COPX Global X Copper Miners ETF 0.3 65 5 7.2 -0.1
FNDF Schwab Fundamental International Large Co. Index ETF 0.3 25 45 9.0 +1.8
WTAI WisdomTree Artificial Intelligence and Innovation Fund 0.3 45 25 1.4 -5.9
KURE KraneShares MSCI All China Health Care Index ETF 0.3 65 5 3.6 -3.7
VIGI Vanguard International Dividend Appreciation ETF 0.3 15 55 5.5 -1.8
FRNW Fidelity Clean Energy ETF 0.3 39 31 3.6 -3.6
INDF Nifty India Financials ETF 0.3 75 -5 6.0 -1.3
NUEM Nuveen ESG Emerging Markets Equity ETF 0.3 36 34 6.8 -0.4
IGF iShares Global Infrastructure ETF 0.3 41 29 5.0 -2.3
GII SPDR S&P Global Infrastructure ETF 0.3 40 30 5.0 -2.3
MINV Matthews Asia Innovators Active ETF 0.2 79 -9 2.9 -4.4
TAN Invesco Solar ETF 0.2 67 3 6.0 -1.2
RNRG Global X Renewable Energy Producers ETF 0.2 66 4 4.8 -2.4
FLHK Franklin FTSE Hong Kong ETF 0.2 9 61 7.7 +0.4
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.2 20 50 7.5 +0.2
SETM Sprott Energy Transition Materials ETF 0.2 65 5 5.4 -1.9
WOOD iShares Global Timber & Forestry ETF 0.2 42 28 9.6 +2.3
IQDE FlexShares International Quality Dividend Defensive Index ET 0.2 47 23 10.6 +3.4
ION ProShares S&P Global Core Battery Metals ETF 0.2 58 12 11.5 +4.3
EMIF iShares Emerging Markets Infrastructure ETF 0.2 60 10 4.7 -2.6
URA Global X Uranium ETF 0.2 69 1 3.9 -3.4
ISCF iShares International SmallCap Equity Factor ETF 0.2 23 47 8.7 +1.4
ROBO ROBO Global Robotics & Automation Index ETF 0.2 95 -25 2.8 -4.5
MEM Matthews Emerging Markets Equity Active ETF 0.2 79 -9 5.8 -1.5
QINT American Century Quality Diversified International ETF 0.2 39 31 7.4 +0.1
IDV iShares International Select Dividend ETF 0.2 51 19 12.2 +5.0
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.2 56 14 13.8 +6.6
LUXX Roundhill S&P Global Luxury ETF 0.2 45 25 2.7 -4.6
KOMP SPDR S&P Kensho New Economies Composite ETF 0.2 20 50 2.1 -5.2
SHLD Global X Defense Tech ETF 0.2 50 20 4.8 -2.5
KWEB KraneShares CSI China Internet ETF 0.2 69 1 -0.7 -7.9
DEW WisdomTree Global High Dividend Fund 0.2 58 12 9.0 +1.8
SCHF Schwab International Equity ETF 0.2 6 64 7.0 -0.3
PIO Invesco Global Water ETF 0.2 75 -5 4.9 -2.4
EMFQ Amplify Emerging Markets FinTech ETF 0.2 69 1 5.4 -1.9
FMET Fidelity Metaverse ETF 0.2 39 31 4.3 -2.9
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 0.2 60 10 10.0 +2.8
EMC Global X Emerging Markets Great Consumer ETF 0.2 75 -5 4.9 -2.4
EMMF WisdomTree Emerging Markets Multifactor Fund 0.2 48 22 9.4 +2.1
ARGT Global X MSCI Argentina ETF 0.2 59 11 7.2 -0.1
COPJ Sprott Junior Copper Miners ETF 0.2 75 -5 9.9 +2.6
APIE ActivePassive International Equity ETF 0.2 45 25 7.7 +0.4
MOTI VanEck Morningstar International Moat ETF 0.2 58 12 6.9 -0.4
XT iShares Exponential Technologies ETF 0.2 46 24 3.9 -3.4
JSTC Adasina Social Justice All Cap Global ETF 0.2 89 -19 4.7 -2.6
CNRG SPDR S&P Kensho Clean Power ETF 0.2 45 25 -7.4 -14.7
CCSO Carbon Collective Climate Solutions US Equity ETF 0.2 35 35 2.3 -4.9
IDRV iShares Self-driving EV & Tech ETF 0.1 47 23 -0.5 -7.8
CGGO Capital Group Global Growth Equity ETF 0.1 47 23 4.3 -3.0
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 0.1 68 2 8.9 +1.6
DINT Davis Select International ETF 0.1 55 15 4.8 -2.5
DWLD Davis Select Worldwide ETF 0.1 63 7 5.6 -1.7
SRET Global X SuperDividend REIT ETF 0.1 59 11 10.1 +2.8
FYLD Cambria Foreign Shareholder Yield ETF 0.1 59 11 11.9 +4.6
AQWA Global X Clean Water ETF 0.1 50 20 4.3 -3.0
GMET VanEck Green Metals ETF 0.1 63 7 10.2 +2.9
TINY ProShares Nanotechnology ETF 0.1 58 12 1.9 -5.4
WPS iShares International Developed Property ETF 0.1 48 22 7.1 -0.2
IVES Wedbush ETFMG Global Cloud Technology ETF 0.1 68 2 1.4 -5.9
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.1 39 31 7.3 -0.0
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.1 46 24 5.6 -1.7
FTRI First Trust Indxx Global Natural Resources Income ETF 0.1 70 0 10.7 +3.4
NLR VanEck Uranium+Nuclear Energy ETF 0.1 61 9 4.5 -2.8
HYDR Global X Hydrogen ETF 0.1 50 20 -13.0 -20.3
CARZ First Trust NASDAQ Global Auto Index Fund 0.1 70 0 3.5 -3.8
VGK Vanguard FTSE Europe ETF 0.1 11 59 6.8 -0.5
FIXT Procure Disaster Recovery Strategy ETF 0.1 75 -5 5.7 -1.6
FDIG Fidelity Crypto Industry and Digital Payments ETF 0.1 39 31 -1.3 -8.6
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.1 85 -15 8.2 +0.9
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.1 41 29 6.6 -0.6
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.1 39 31 -3.6 -10.9
SPEU SPDR Portfolio Europe ETF 0.1 7 63 6.5 -0.8
IHAK iShares Cybersecurity & Tech ETF 0.1 47 23 3.2 -4.1
KTEC KraneShares Hang Seng TECH Index ETF 0.1 69 1 -4.0 -11.3
BOTZ Global X Robotics & Artificial Intelligence ETF 0.1 69 1 2.3 -5.0
BPAY BlackRock Future Financial and Technology ETF 0.1 70 0 8.0 +0.7
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 0.1 40 30 7.1 -0.1
JETS U.S. Global Jets ETF 0.1 60 10 -15.3 -22.6
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 0.1 75 -5 5.2 -2.1
GDXJ VanEck Junior Gold Miners ETF 0.1 52 18 4.9 -2.3
GOEX Global X Gold Explorers ETF 0.1 65 5 5.0 -2.3
MOO VanEck Agribusiness ETF 0.1 53 17 9.3 +2.1
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.1 47 23 10.2 +3.0
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 0.1 61 9 -4.0 -11.2
SATO Invesco Alerian Galaxy Crypto Economy ETF 0.1 61 9 -12.7 -20.0
DRIV Global X Autonomous & Electric Vehicles ETF 0.1 68 2 3.4 -3.9
RAYS Global X Solar ETF 0.1 51 19 4.6 -2.7
RING iShares MSCI Global Gold Miners ETF 0.1 39 31 6.0 -1.2
GOAU U.S. Global GO GOLD and Precious Metal Miners ETF 0.1 60 10 6.3 -1.0
BOAT SonicShares Global Shipping ETF 0.1 69 1 29.3 +22.1
IQIN IQ 500 International ETF 0.1 25 45 8.7 +1.5
CRAK VanEck Oil Refiners ETF 0.1 61 9 12.8 +5.5
SPRE SP Funds S&P Global REIT Sharia ETF 0.1 55 15 5.3 -1.9
BLLD JPMorgan Sustainable Infrastructure ETF 0.1 49 21 6.2 -1.1
PBW Invesco WilderHill Clean Energy ETF 0.1 66 4 -19.6 -26.9
BNE Blue Horizon BNE ETF 0.1 87 -17 5.0 -2.3
CGW Invesco S&P Global Water Index ETF 0.1 57 13 3.7 -3.5
IFGL iShares International Developed Real Estate ETF 0.1 48 22 6.8 -0.4
ARVR First Trust Indxx Metaverse ETF 0.1 70 0 2.5 -4.8
SNSR Global X Internet of Things ETF 0.1 68 2 4.4 -2.9
GLIF AGF Global Infrastructure ETF 0.1 45 25 5.5 -1.8
URNJ Sprott Junior Uranium Miners ETF 0.1 80 -10 -2.4 -9.7
LNGG Roundhill Alerian LNG ETF 0.1 65 5 8.5 +1.2
KALL KraneShares MSCI All China Index ETF 0.1 49 21 9.5 +2.2
IDAT iShares Future Cloud 5G and Tech ETF 0.1 47 23 4.6 -2.7
SXUS Janus Henderson International Sustainable Equity ETF 0.1 60 10 4.6 -2.7
ERET iShares Environmentally Aware Real Estate ETF 0.1 30 40 7.2 -0.1
IVRS iShares Future Metaverse Tech and Communications ETF 0.1 47 23 -5.3 -12.6
TTAI FCF International Quality ETF 0.1 59 11 7.3 +0.0
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.1 39 31 7.6 +0.3
HDRO Defiance Next Gen H2 ETF 0.1 30 40 -10.8 -18.1
MCH Matthews China Active ETF 0.1 79 -9 6.2 -1.1
EV Mast Global Battery Recycling & Production ETF 0.1 65 5 12.8 +5.5
SGDJ Sprott Junior Gold Miners ETF 0.1 50 20 5.4 -1.9
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 0.0 20 50 10.7 +3.4
IDNA iShares Genomics Immunology and Healthcare ETF 0.0 47 23 -5.1 -12.4
EDOC Global X Telemedicine & Digital Health ETF Registered 0.0 68 2 -5.4 -12.7
AWAY ETFMG Travel Tech ETF 0.0 76 -6 -4.1 -11.4
MRAD SmartETFs Advertising & Marketing Technology ETF 0.0 68 2 4.1 -3.2
SHPP Pacer Industrials and Logistics ETF 0.0 60 10 8.7 +1.4
EBLU Ecofin Global Water ESG Fund 0.0 40 30 3.9 -3.4
ZSB USCF Sustainable Battery Metals Strategy Fund 0.0 61 9 14.9 +7.6
KCAL Subversive Food Security ETF 0.0 75 -5 0.0 -7.3
AHOY Newday Ocean Health ETF 0.0 75 -5 5.6 -1.7
DAT ProShares Big Data Refiners ETF 0.0 58 12 1.4 -5.9
JFWD Jacob Forward ETF 0.0 75 -5 0.0 -7.3
WCBR WisdomTree Cybersecurity Fund 0.0 45 25 1.9 -5.4
BUG Global X Cybersecurity ETF 0.0 51 19 2.4 -4.9
PTEC Global X PropTech ETF 0.0 50 20 1.6 -5.6
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 25 8.4 +1.2
FCLD Fidelity Cloud Computing ETF 0.0 39 31 2.3 -4.9
DTCR Global X Data Center & Digital Infrastructure ETF 0.0 50 20 2.7 -4.6
CLOU Global X Cloud Computing ETF 0.0 68 2 2.0 -5.3
INNO Harbor Disruptive Innovation ETF 0.0 75 -5 -3.5 -10.7
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 49 3.9 -3.4
BLOK Amplify Transformational Data Sharing ETF 0.0 75 -5 1.1 -6.2
BWEB Bitwise Web3 ETF 0.0 85 -15 0.9 -6.4
GFOF Grayscale Future of Finance ETF 0.0 70 0 -3.9 -11.1
BITQ Bitwise Crypto Industry Innovators ETF 0.0 85 -15 -4.6 -11.9
IBRN iShares Neuroscience and Healthcare ETF 0.0 47 23 -4.9 -12.2
DAPP VanEck Digital Transformation ETF 0.0 50 20 -8.2 -15.4
BKCH Global X Blockchain ETF 0.0 50 20 -5.0 -12.3
IBLC iShares Blockchain and Tech ETF 0.0 47 23 -0.9 -8.2
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.0 68 2 5.2 -2.1
KRUZ Unusual Whales Subversive Republican Trading ETF 0.0 75 -5 4.9 -2.4
EWY iShares MSCI South Korea ETF 0.0 58 12 8.5 +1.2

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 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 9.9 %
Divided by: Fwd. P/BV 1.2 x
Less: Expense ratio 70 bp
Equals: ALTAR Score 7.3 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.47 CATEGORY
AVERAGE		 1.39
 
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.