iShares MSCI EAFE Growth ETF
ALTAR
Score™
4.5% info Recommen-
dation
AVOID
2020E    2021E
P/E
ratio
29.7x P/Sales
ratio
2.6x
P/BV
ratio
3.1x Div.
yield
1.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares MSCI EAFE Growth Index Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI EAFE Growth Index.

FUND BASICS
Category International Equities
Fund Sponsor Barclays Global Investors
Website www.ishares.com
Inception date Aug 01, 2005
Assets (mns) $8,530
Currency USD
Expense ratio 40 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 447
Wgt avg mkt cap (mns) $81,059
Large cap (>$10bn) 87.2%
Mid cap ($2-10bn) 11.3%
Small cap (<$2bn) 0.1%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
NESTLE SA-REG 5.0 %
ROCHE HOLDING AG-GENUSSCHEIN 3.6 %
SAP AG 2.3 %
ASML HOLDING NV 2.2 %
ASTRAZENECA PLC 2.1 %
LVMH MOET HENNESSY LOUIS VUI 1.8 %
AIA GROUP LTD 1.7 %
NOVO NORDISK A/S-B 1.7 %
SONY CORP 1.4 %
CSL LIMITED 1.4 %
Total 23.2 %

TOP COUNTRY EXPOSURE
JAPAN 26.5 %
SWITZERLAND 13.6 %
FRANCE 9.7 %
BRITAIN 9.2 %
NETHERLANDS 7.8 %
GERMANY 6.8 %
AUSTRALIA 6.1 %
DENMARK 4.6 %
SWEDEN 4.2 %
HONG KONG 3.6 %

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.
4.8% 14.8% 8.2% 7.9% 5.7%

Market Correlations
versus... Beta R-squared
S&P500 0.76 87%
MSCI EAFE 0.86 93%
MSCI Emg. Mkts. 0.62 76%

Technical Indicators
Recent close $89.23
30d moving avg. $90.04
Annualized volatility 14.3%
Short interest (ETF) 0.0%
Relative strength (RSI) 47

Liquidity measures
Avg. volume (thou.) 339
Turnover 0.4%
Bid/Ask (% of price) 0.10%
ADV underlying (mns) $13,358

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 potential alternatives to the iShares MSCI EAFE Growth ETF ETF based on the alternatives' overlap in portfolio holdings with EFG. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EFG Expense: 40 bp ALTAR Score™: 4.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EFG
Ticker Fund
Name
Overlap1
vs EFG
(%)
Expense
ratio
(bp)
Savings
vs EFG
(bp)
ALTAR
Score™
(%)
ALTAR
vs EFG
(%)
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 57.4 20 20 7.1 +2.6
EFA iShares MSCI EAFE ETF 54.5 32 8 7.1 +2.6
IMTM iShares Edge MSCI Intl Momentum Factor ETF 53.3 30 10 4.3 -0.1
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 52.9 14 26 6.9 +2.5
ESGD iShares MSCI EAFE ESG Optimized ETF 52.9 20 20 7.0 +2.5
IQSI IQ Candriam ESG International Equity ETF 52.5 15 25 7.4 +2.9
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 52.2 35 5 6.9 +2.4
GSID Goldman Sachs MarketBeta International Equity ETF 51.5 20 20 7.4 +2.9
IQLT iShares Edge MSCI Intl Quality Factor ETF 49.9 30 10 6.0 +1.6
HFXI IQ 50 Percent Hedged FTSE International ETF 49.5 20 20 7.5 +3.0
FLEE Franklin FTSE Europe ETF 49.3 9 31 7.1 +2.7
IEV iShares Europe ETF 49.3 59 -19 7.0 +2.5
DBEU Xtrackers MSCI Europe Hedged Equity ETF 49.2 45 -5 6.7 +2.2
HFXE IQ 50 PERCENT HEDGED FTSE EUROPE ETF 48.7 30 10 0.0 -4.5
BKIE BNY Mellon International Equity ETF 48.4 4 36 7.4 +2.9
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 48.4 7 33 7.6 +3.1
BBEU JPMorgan BetaBuilders Europe ETF 47.6 9 31 7.5 +3.0
QEFA SPDR MSCI EAFE Quality Mix ETF 46.9 30 10 6.9 +2.4
IEFA iShares Core MSCI EAFE ETF 46.8 7 33 7.3 +2.9
FLEH Franklin FTSE Europe Hedged ETF 46.5 9 31 7.3 +2.8
IEUR iShares Core MSCI Europe ETF 46.4 9 31 7.3 +2.9
GSIE Goldman Sachs ActiveBeta International Equity ETF 45.1 25 15 6.7 +2.3
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 44.9 35 5 7.0 +2.5
SCHF Schwab International Equity ETF 44.8 6 34 7.4 +2.9
VGK Vanguard FTSE Europe ETF 44.6 8 32 7.5 +3.1
FEU SPDR Portfolio Europe ETF 44.3 9 31 7.4 +3.0
DHDG WisdomTree Dynamic Currency Hedged Intl Quality Div Growth 43.9 30 10 0.0 -4.5
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 43.9 25 15 6.5 +2.0
JHMD John Hancock Multifactor Developed International ETF 43.2 39 1 7.5 +3.0
IDHQ Invesco S&P International Developed Quality ETF 42.1 29 11 5.0 +0.5
IDEV iShares Core MSCI International Developed Markets ETF 40.8 5 35 7.3 +2.8
SPDW SPDR Portfolio Developed World ex-US ETF 40.8 4 36 7.2 +2.7
VEA Vanguard FTSE Developed Markets ETF 39.6 5 35 7.5 +3.0
IDMO Invesco S&P International Developed Momentum ETF 37.9 26 14 4.5 +0.0
VIGI Vanguard International Dividend Appreciation ETF 37.5 20 20 5.6 +1.1
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 36.9 39 1 6.6 +2.1
IPAC iShares Core MSCI Pacific ETF 36.8 9 31 7.1 +2.7
VSGX Vanguard ESG International Stock ETF 36.6 17 23 7.2 +2.7
VPL Vanguard FTSE Pacific ETF 35.9 8 32 7.5 +3.0
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 35.8 45 -5 6.7 +2.3
CIL VictoryShares International Volatility Weighted Index ETF 35.8 45 -5 6.7 +2.2
ACWX iShares MSCI ACWI ex U.S. ETF 35.6 32 8 7.4 +2.9
RBIN Nationwide Risk-Based International Equity ETF 34.9 42 -2 6.1 +1.6
ACSG Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF 34.6 16 24 7.0 +2.5
ISZE iShares Edge MSCI Intl Size Factor ETF 34.4 30 10 7.3 +2.8
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 34.1 40 0 7.1 +2.7
CWI SPDR MSCI ACWI ex-US ETF 34.1 30 10 7.3 +2.8
VEU Vanguard FTSE All-World ex-US Index Fund 33.0 8 32 7.7 +3.2
DOL WisdomTree International LargeCap Dividend Fund 32.9 48 -8 8.8 +4.3
NUDM Nuveen ESG International Developed Markets Equity ETF 32.4 40 0 6.8 +2.3
TPIF Timothy Plan International ETF 31.7 62 -22 6.3 +1.8
IQDG WisdomTree International Quality Dividend Growth Fund 31.7 42 -2 6.2 +1.8
PDEV Principal International Multi-Factor Core Index ETF 31.6 25 15 8.1 +3.6
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 31.6 58 -18 6.1 +1.6
DWM WisdomTree International Equity Fund 31.4 48 -8 8.4 +4.0
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 31.3 35 5 8.7 +4.2
EUDG WisdomTree Europe Quality Dividend Growth Fund 30.7 58 -18 6.0 +1.5
IXUS ishares Core MSCI Total International Stock ETF 30.3 9 31 7.5 +3.0
RFDI First Trust Riverfront Dynamic Developed International ETF 29.7 83 -43 5.7 +1.3
EFAV iShares Edge MSCI Min Vol EAFE ETF 29.4 20 20 5.5 +1.0
EZU iShares MSCI Eurozone ETF 29.2 49 -9 6.8 +2.3
VXUS Vanguard Total International Stock Index Fund 29.0 8 32 7.6 +3.2
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 28.9 45 -5 6.8 +2.4
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 28.7 24 16 7.1 +2.6
RNDM Developed International Equity Select ETF 27.8 65 -25 6.4 +2.0
PQIN PGIM QMA Strategic Alpha International Equity ETF 27.5 29 11 7.6 +3.1
EURZ Xtrackers Eurozone Equity ETF 27.3 9 31 7.2 +2.7
FDEV Fidelity Targeted International Factor ETF 27.2 39 1 6.5 +2.0
QINT American Century Quality Diversified International ETF 26.8 39 1 6.1 +1.7
RFEU First Trust Riverfront Dynamic Europe ETF 26.7 83 -43 6.0 +1.6
EWJ iShares MSCI Japan ETF 26.5 49 -9 7.0 +2.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 26.4 39 1 8.4 +4.0
FLJP Franklin FTSE Japan ETF 26.3 9 31 7.4 +3.0
FLJH Franklin FTSE Japan Hedged ETF 26.3 9 31 7.4 +2.9
HFXJ IQ 50 Percent Hedged FTSE Japan ETF 26.3 30 10 0.0 -4.5
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 26.3 25 15 7.1 +2.6
BBJP JPMorgan BetaBuilders Japan ETF 26.3 19 21 7.3 +2.8
DBJP Xtrackers MSCI Japan Hedged Equity ETF 26.3 45 -5 7.0 +2.5
QJPN SPDR MSCI Japan StrategicFactors ETF 25.7 14 26 7.4 +3.0
JPXN iShares JPX-Nikkei 400 ETF 25.6 48 -8 7.0 +2.6
JPN Xtrackers Japan JPX-Nikkei 400 Equity ETF 25.2 9 31 7.5 +3.0
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Id 25.1 32 8 6.0 +1.5
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 25.0 45 -5 9.1 +4.6
AVDE Avantis International Equity ETF 24.6 23 17 7.7 +3.2
OEUR O'shares FTSE Europe Quality Dividend ETF 24.2 48 -8 6.8 +2.3
PIZ Invesco DWA Developed Markets Momentum ETF 24.0 81 -41 4.5 +0.1
SCID Global X Scientific Beta Europe ETF 23.8 39 1 6.5 +2.0
FNDF Schwab Fundamental International Large Co. Index ETF 23.2 25 15 8.9 +4.5
IGRO iShares International Dividend Growth ETF 23.0 22 18 8.1 +3.7
IDLB Invesco FTSE International Low Beta Equal Weight ETF 22.3 45 -5 7.1 +2.6
ISDX Invesco Strategic Developed ex-US ETF 22.0 23 17 7.5 +3.0
TTAI TrimTabs All Cap International Free-Cash-Flow ETF 22.0 61 -21 4.9 +0.5
DWCR Arrow DWA Country Rotation ETF 21.9 95 -55 14.4 +9.9
DWMF WisdomTree International Multifactor Fund 21.6 38 2 6.2 +1.7
IQIN IQ 500 International ETF 20.7 25 15 8.8 +4.3
IDLV Invesco S&P International Developed Low Volatility ETF 20.4 25 15 6.6 +2.2
IDY Pacific Global International Equity Income ETF 20.2 39 1 8.1 +3.6
MVIN Natixis Seeyond International Minimum Volatility ETF 20.0 56 -16 5.6 +1.1
JPIN JPMorgan Diversified Return International Equity ETF 19.9 37 3 7.9 +3.5

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
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
  2019 2020E 2021E
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 EAFE Growth ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

AVOID

Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 14.5 %
Divided by: Fwd. P/BV 3.0 x
Less: Expense ratio 40 bp
Equals: ALTAR Score 4.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

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