iShares MSCI Finland ETF
ALTAR
Score™		 8.1% info Recommen-
dation		 OVERWEIGHT
2024E    2025E
P/E
ratio		 13.8x P/Sales
ratio		 1.1x
P/BV
ratio		 1.5x Div.
yield		 4.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares MSCI Finland 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 Finland 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) $17
Currency USD
Expense ratio 56 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 34
Wgt avg mkt cap (mns) $17,841
Large cap (>$10bn) 62.4%
Mid cap ($2-10bn) 33.5%
Small cap (<$2bn) 4.2%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
NORDEA BANK ABP 18.0 %
SAMPO OYJ CLASS A 9.3 %
NOKIA OYJ 8.9 %
UPM-KYMMENE OYJ 8.8 %
OUTOTEC OYJ 4.5 %
STORA ENSO OYJ-R SHS 4.5 %
NESTE OIL OYJ 4.5 %
KONE OYJ-B 4.2 %
WARTSILA OYJ 4.2 %
ELISA OYJ CLASS A 3.7 %
Total 70.5 %

TOP COUNTRY EXPOSURE
FINLAND 98.2 %










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.
-3.2% -5.8% 2.2% 3.5% 6.3%

Market Correlations
versus... Beta R-squared
S&P500 0.89 63%
MSCI EAFE 1.02 77%
MSCI Emg. Mkts. 0.75 45%

Technical Indicators
Recent close $34.52
30d moving avg. $34.16
Annualized volatility 19.9%
Short interest (ETF) 0.5%
Relative strength (RSI) 66

Liquidity measures
Avg. volume (thou.) 12
Turnover 2.4%
Bid/Ask (% of price) 0.52%
ADV underlying (mns) $351

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 214 potential alternatives to the iShares MSCI Finland ETF ETF based on the alternatives' overlap in portfolio holdings with EFNL. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EFNL Expense: 56 bp ALTAR Score™: 8.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EFNL
Ticker Fund
Name		 Overlap1
vs EFNL
(%)		 Expense
ratio
(bp)		 Savings
vs EFNL
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EFNL
(%)
CUT Invesco MSCI Global Timber ETF 11.1 61 -5 8.6 +0.5
WOOD iShares Global Timber & Forestry ETF 8.7 42 14 9.7 +1.6
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 8.6 58 -2 9.2 +1.1
CRAK VanEck Oil Refiners ETF 4.5 61 -5 13.2 +5.0
GNR SPDR S&P Global Natural Resources ETF 4.4 40 16 9.3 +1.2
FEUZ First Trust Eurozone AlphaDEX ETF 3.9 80 -24 8.5 +0.4
IDOG ALPS International Sector Dividend Dogs ETF 3.8 50 6 11.8 +3.7
HEDJ WisdomTree Europe Hedged Equity Fund 3.8 58 -2 8.5 +0.4
AIVI WisdomTree International AI Enhanced Value Fund 3.2 58 -2 8.1 0.0
NLR VanEck Uranium+Nuclear Energy ETF 3.2 61 -5 4.5 -3.6
ETEC iShares Breakthrough Environmental Solutions ETF 3.2 47 9 5.4 -2.8
CID VictoryShares International High Div Volatility Wtd ETF 3.2 45 11 9.7 +1.6
VCLN Virtus Duff & Phelps Clean Energy ETF 3.0 59 -3 3.5 -4.6
GDVD R3 Global Dividend Growth ETF 3.0 88 -32 5.9 -2.2
EZU iShares MSCI Eurozone ETF 2.9 52 4 6.3 -1.9
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 2.9 75 -19 8.0 -0.1
EUFN iShares MSCI Europe Financials ETF 2.8 51 5 8.3 +0.2
WBAT WisdomTree Battery Value Chain and Innovation Fund 2.7 45 11 4.8 -3.3
IDAT iShares Future Cloud 5G and Tech ETF 2.5 47 9 4.6 -3.5
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 2.5 45 11 6.3 -1.8
FID First Trust S&P International Dividend Aristocrats ETF 2.4 60 -4 10.0 +1.9
FIXT Procure Disaster Recovery Strategy ETF 2.4 75 -19 5.7 -2.4
BKCI BNY Mellon Concentrated International ETF 2.4 80 -24 5.3 -2.8
FLEU Franklin FTSE Eurozone ETF 2.3 9 47 6.8 -1.3
DTH WisdomTree International High Dividend Fund 2.3 58 -2 10.3 +2.2
SCHY Schwab International Dividend Equity ETF 2.3 14 42 9.4 +1.3
FEP First Trust Europe AlphaDEX Fund 2.3 80 -24 8.8 +0.7
IQLT iShares MSCI Intl Quality Factor ETF 2.3 30 26 5.7 -2.4
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 2.3 32 24 6.8 -1.3
EFAV iShares MSCI EAFE Min Vol Factor ETF 2.2 22 34 6.3 -1.8
DIM WisdomTree International MidCap Dividend Fund 2.2 58 -2 7.7 -0.4
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 2.2 9 47 10.0 +1.9
IEUS iShares MSCI Europe Small-Cap ETF 2.1 42 14 0.0 -8.1
FIDI Fidelity International High Dividend ETF 2.1 18 38 10.3 +2.1
DFE WisdomTree Europe SmallCap Dividend Fund 2.0 58 -2 11.0 +2.9
FICS First Trust International Developed Capital Strength ETF 2.0 70 -14 6.2 -2.0
DFIS Dimensional International Small Cap ETF 1.9 39 17 6.8 -1.4
BECO BlackRock Future Climate and Sustainable Economy ETF 1.9 70 -14 14.0 +5.9
WDIV SPDR S&P Global Dividend ETF 1.8 40 16 10.5 +2.4
TPIF Timothy Plan International ETF 1.8 62 -6 6.8 -1.3
EFV iShares MSCI EAFE Value ETF 1.8 34 22 9.3 +1.1
IQDE FlexShares International Quality Dividend Defensive Index ET 1.7 47 9 10.9 +2.8
DMDV AAM S&P Developed Markets High Dividend Value ETF 1.7 39 17 12.9 +4.7
ICOW Pacer Developed Markets International Cash Cows 100 ETF 1.7 65 -9 13.0 +4.9
BOTZ Global X Robotics & Artificial Intelligence ETF 1.7 69 -13 2.4 -5.8
AHOY Newday Ocean Health ETF 1.7 75 -19 5.7 -2.4
DWX SPDR S&P International Dividend ETF 1.6 45 11 7.2 -0.9
EUDG WisdomTree Europe Quality Dividend Growth Fund 1.6 58 -2 6.1 -2.0
IEUR iShares Core MSCI Europe ETF 1.6 11 45 -1.3 -9.5
AVIV Avantis International Large Cap Value ETF 1.6 25 31 9.0 +0.8
LVHI Franklin International Low Volatility High Dividend Index ET 1.6 40 16 10.3 +2.2
ESGN Columbia International ESG Equity Income ETF 1.5 45 11 9.1 +1.0
ESGD iShares ESG Aware MSCI EAFE ETF 1.5 20 36 6.4 -1.7
FEZ SPDR EURO STOXX 50 ETF 1.5 29 27 6.3 -1.8
EV Mast Global Battery Recycling & Production ETF 1.5 65 -9 12.7 +4.6
DBEU Xtrackers MSCI Europe Hedged Equity ETF 1.5 46 10 6.4 -1.7
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.5 56 0 14.3 +6.2
INTF iShares International Equity Factor ETF 1.5 15 41 7.9 -0.2
JHID John Hancock International High Dividend ETF 1.5 46 10 11.6 +3.5
CIL VictoryShares International Volatility Wtd ETF 1.5 45 11 7.0 -1.2
DWM WisdomTree International Equity Fund 1.5 48 8 7.9 -0.2
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 1.5 40 16 8.0 -0.2
DISV Dimensional International Small Cap Value ETF 1.4 42 14 9.4 +1.3
ISZE iShares MSCI Intl Size Factor ETF 1.4 30 26 6.6 -1.5
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.4 46 10 9.0 +0.9
ROBO ROBO Global Robotics & Automation Index ETF 1.4 95 -39 2.8 -5.3
SPEU SPDR Portfolio Europe ETF 1.4 7 49 6.7 -1.5
KLDW Knowledge Leaders Developed World ETF 1.4 75 -19 4.9 -3.2
DMXF iShares ESG Advanced MSCI EAFE ETF 1.4 12 44 5.4 -2.7
VGK Vanguard FTSE Europe ETF 1.4 11 45 6.9 -1.2
DFSI Dimensional International Sustainability Core 1 ETF 1.4 24 32 6.3 -1.9
WWJD Inspire International ETF 1.4 80 -24 7.2 -0.9
IPKW Invesco International BuyBack Achievers ETF 1.4 55 1 9.3 +1.2
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 1.4 20 36 10.9 +2.8
IQDF FlexShares International Quality Dividend Index Fund 1.3 47 9 10.9 +2.7
IDV iShares International Select Dividend ETF 1.3 51 5 12.6 +4.5
QEFA SPDR MSCI EAFE StrategicFactors ETF 1.3 30 26 6.9 -1.2
DOL WisdomTree International LargeCap Dividend Fund 1.3 48 8 7.9 -0.2
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 1.3 42 14 6.8 -1.3
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 1.3 51 5 6.9 -1.2
BBEU JPMorgan BetaBuilders Europe ETF 1.3 9 47 6.8 -1.3
NXTG First Trust Indxx NextG ETF 1.2 70 -14 6.1 -2.1
IEV iShares Europe ETF 1.2 67 -11 6.2 -1.9
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 1.2 45 11 8.6 +0.5
SCHC Schwab International Small-Cap Equity ETF 1.2 11 45 6.5 -1.6
OCEN IQ Clean Oceans ETF 1.2 45 11 5.4 -2.7
VYMI Vanguard International High Dividend Yield ETF 1.2 22 34 9.9 +1.8
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.2 80 -24 10.9 +2.8
OEUR ALPS O'Shares Europe Quality Dividend ETF 1.2 48 8 5.8 -2.3
FLEE Franklin FTSE Europe ETF 1.2 9 47 6.9 -1.2
DFIC Dimensional International Core Equity 2 ETF 1.2 23 33 7.5 -0.6
IQDG WisdomTree International Quality Dividend Growth Fund 1.2 42 14 5.8 -2.3
HAP VanEck Natural Resources ETF 1.1 50 6 9.6 +1.5
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 1.1 58 -2 5.6 -2.6
IMFL Invesco International Developed Dynamic Multifactor ETF 1.1 34 22 10.7 +2.6
IQSI IQ Candriam International Equity ETF 1.1 15 41 6.5 -1.7
RODM Hartford Multifactor Developed Markets (ex-US) ETF 1.1 29 27 8.9 +0.8
VWID Virtus WMC International Dividend ETF 1.1 49 7 9.6 +1.5
SCZ iShares MSCI EAFE Small-Cap ETF 1.1 40 16 0.0 -8.1
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 1.1 45 11 6.4 -1.7
MXI iShares Global Materials ETF 1.1 41 15 6.6 -1.5
TRFK Pacer Data and Digital Revolution ETF 1.1 60 -4 4.0 -4.1
IDLV Invesco S&P International Developed Low Volatility ETF 1.0 25 31 5.9 -2.2
IEFA iShares Core MSCI EAFE ETF 1.0 7 49 2.7 -5.4
GSID Goldman Sachs MarketBeta International Equity ETF 1.0 20 36 6.8 -1.4
EFA iShares MSCI EAFE ETF 1.0 35 21 6.5 -1.7
IQIN IQ 500 International ETF 1.0 25 31 8.9 +0.8
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 1.0 14 42 6.3 -1.9
DIVI Franklin International Core Dividend Tilt Index ETF 1.0 9 47 8.1 +0.0
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 1.0 36 20 6.5 -1.7
BNE Blue Horizon BNE ETF 1.0 87 -31 5.1 -3.1
FNDF Schwab Fundamental International Large Co. Index ETF 1.0 25 31 9.2 +1.1
DFAI Dimensional International Core Equity Market ETF 1.0 18 38 7.0 -1.2
VIDI Vident International Equity Strategy ETF 1.0 61 -5 12.1 +4.0
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.9 25 31 7.5 -0.6
IBOT Vaneck Robotics ETF 0.9 47 9 3.7 -4.4
IDEV iShares Core MSCI International Developed Markets ETF 0.9 4 52 6.8 -1.3
HFXI IQ FTSE International Equity Currency Neutral ETF 0.9 20 36 6.9 -1.2
JHMD John Hancock Multifactor Developed International ETF 0.9 39 17 7.5 -0.7
VEA Vanguard FTSE Developed Markets ETF 0.9 5 51 7.1 -1.0
TEMP JPMorgan Climate Change Solutions ETF 0.9 49 7 4.7 -3.4
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.9 20 36 7.0 -1.1
FNDC Schwab Fundamental International Small Co. Index ETF 0.9 39 17 6.9 -1.2
FYLD Cambria Foreign Shareholder Yield ETF 0.8 59 -3 12.1 +4.0
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.8 20 36 6.3 -1.8
SCHF Schwab International Equity ETF 0.8 6 50 7.1 -1.0
AVDE Avantis International Equity ETF 0.8 23 33 8.0 -0.2
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.8 30 26 7.9 -0.2
RFEU First Trust Riverfront Dynamic Europe ETF 0.8 83 -27 8.9 +0.8
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.8 65 -9 1.6 -6.5
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.8 7 49 6.6 -1.6
JPIN J.P. Morgan Diversified Return International Equity ETF 0.8 37 19 8.8 +0.7
AVDV Avantis International Small Cap Value ETF 0.8 36 20 8.0 -0.1
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.8 39 17 7.7 -0.4
DIHP Dimensional International High Profitability ETF 0.8 29 27 6.9 -1.2
DFIV Dimensional International Value ETF 0.8 27 29 10.0 +1.8
VSGX Vanguard ESG International Stock ETF 0.7 12 44 6.9 -1.2
ISCF iShares International SmallCap Equity Factor ETF 0.7 23 33 8.8 +0.7
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.7 12 44 5.1 -3.0
IDHQ Invesco S&P International Developed High Quality ETF 0.7 29 27 5.8 -2.3
NUDM Nuveen ESG International Developed Markets Equity ETF 0.7 31 25 6.5 -1.6
BKIE BNY Mellon International Equity ETF 0.7 4 52 7.0 -1.2
SPDW SPDR Portfolio Developed World ex-US ETF 0.7 3 53 7.0 -1.1
VXUS Vanguard Total International Stock ETF 0.7 7 49 7.2 -0.9
BLES Inspire Global Hope ETF 0.7 61 -5 6.4 -1.7
DLS WisdomTree International SmallCap Dividend Fund 0.7 58 -2 8.9 +0.8
FDEV Fidelity International Multifactor ETF 0.7 18 38 7.7 -0.5
IVLU iShares MSCI Intl Value Factor ETF 0.7 30 26 10.8 +2.7
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.6 47 9 10.4 +2.3
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.6 24 32 8.6 +0.5
DGT SPDR Global Dow ETF 0.6 50 6 6.8 -1.4
DEW WisdomTree Global High Dividend Fund 0.6 58 -2 9.3 +1.2
IXUS iShares Core MSCI Total International Stock ETF 0.6 7 49 7.0 -1.1
DSTX Distillate International Fundamental Stability & Value ETF 0.6 55 1 8.1 -0.1
ACWX iShares MSCI ACWI ex U.S. ETF 0.6 34 22 6.8 -1.3
RFDI First Trust Riverfront Dynamic Developed International ETF 0.6 83 -27 9.1 +1.0
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.6 49 7 6.7 -1.4
WRND IQ Global Equity R&D Leaders ETF 0.6 18 38 7.2 -0.9
KNCT Invesco Next Gen Connectivity ETF 0.6 40 16 5.9 -2.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.5 39 17 7.4 -0.7
XT iShares Exponential Technologies ETF 0.5 46 10 3.9 -4.3
VEU Vanguard FTSE All-World ex-US Index Fund 0.5 8 48 7.3 -0.8
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.5 35 21 6.5 -1.6
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.5 25 31 7.5 -0.6
JSTC Adasina Social Justice All Cap Global ETF 0.5 89 -33 4.8 -3.3
EXI iShares Global Industrials ETF 0.5 42 14 4.7 -3.5
RWX SPDR Dow Jones International Real Estate ETF 0.5 59 -3 7.3 -0.9
CWI SPDR MSCI ACWI ex-US ETF 0.5 30 26 6.9 -1.2
FIVA Fidelity International Value Factor ETF 0.5 18 38 9.5 +1.4
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.5 41 15 6.8 -1.4
IQRA IQ CBRE Real Assets ETF 0.5 65 -9 6.1 -2.0
CGXU Capital Group International Focus Equity ETF 0.5 54 2 4.2 -3.9
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.5 80 -24 11.1 +3.0
IXC iShares Global Energy ETF 0.4 44 12 8.4 +0.3
FILL iShares MSCI Global Energy Producers ETF 0.4 39 17 9.2 +1.1
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.4 25 31 6.1 -2.0
ESGG FlexShares STOXX Global ESG Select Index Fund 0.4 42 14 5.1 -3.0
GLOF iShares Global Equity Factor ETF 0.4 20 36 7.1 -1.0
JXI iShares Global Utilities ETF 0.4 43 13 6.9 -1.2
QWLD SPDR MSCI World StrategicFactors ETF 0.4 30 26 6.1 -2.0
IFGL iShares International Developed Real Estate ETF 0.3 48 8 7.0 -1.1
CLNR IQ Cleaner Transport ETF 0.3 45 11 8.3 +0.2
WPS iShares International Developed Property ETF 0.3 48 8 7.3 -0.9
IGRO iShares International Dividend Growth ETF 0.3 15 41 7.2 -0.9
GWX SPDR S&P International Small Cap ETF 0.3 40 16 6.6 -1.5
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.3 10 46 8.2 +0.1
EFG iShares MSCI EAFE Growth ETF 0.3 36 20 4.1 -4.0
BULD Pacer BlueStar Engineering the Future ETF 0.3 60 -4 1.2 -7.0
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.3 12 44 8.8 +0.7
TOK iShares MSCI Kokusai ETF 0.3 26 30 5.3 -2.8
URTH iShares MSCI World ETF 0.3 24 32 5.4 -2.7
AIQ Global X Artificial Intelligence & Technology ETF 0.3 68 -12 4.1 -4.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.3 9 47 5.8 -2.4
VT Vanguard Total World Stock ETF 0.3 7 49 5.9 -2.3
SHPP Pacer Industrials and Logistics ETF 0.2 60 -4 9.0 +0.9
QINT American Century Quality Diversified International ETF 0.2 39 17 7.5 -0.6
ACWI iShares MSCI ACWI ETF 0.2 32 24 5.5 -2.6
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 47 5.5 -2.6
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.2 70 -14 4.6 -3.6
IXG iShares Global Financials ETF 0.2 42 14 7.0 -1.1
ACWV iShares MSCI Global Min Vol Factor ETF 0.2 20 36 6.8 -1.3
IXP iShares Global Comm Services ETF 0.2 42 14 5.2 -2.9
PAWZ ProShares Pet Care ETF 0.2 50 6 4.0 -4.1
RWO SPDR Dow Jones Global Real Estate ETF 0.2 50 6 7.0 -1.1
IDMO Invesco S&P International Developed Momentum ETF 0.1 25 31 6.9 -1.2
KXI iShares Global Consumer Staples ETF 0.1 41 15 5.8 -2.4
ERET iShares Environmentally Aware Real Estate ETF 0.1 30 26 7.4 -0.7
RODE Hartford Multifactor Diversified International ETF 0.1 29 27 11.7 +3.6
IXN iShares Global Tech ETF 0.1 41 15 4.3 -3.9
VIGI Vanguard International Dividend Appreciation ETF 0.1 15 41 5.6 -2.5
IMTM iShares MSCI Intl Momentum Factor ETF 0.1 30 26 6.9 -1.3
JIRE JPMorgan International Research Enhanced Equity ETF 0.1 24 32 6.8 -1.3
PICK iShares MSCI Global Metals & Mining Producers ETF 0.1 39 17 10.9 +2.8
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.0 20 36 5.6 -2.5

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%.

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 Finland ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.5 %
Divided by: Fwd. P/BV 1.4 x
Less: Expense ratio 56 bp
Equals: ALTAR Score 8.1 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.55 CATEGORY
AVERAGE		 1.51
 
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.