iShares MSCI Finland ETF
ALTAR
Score™		 6.0% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 17.6x P/Sales
ratio		 1.6x
P/BV
ratio		 1.9x Div.
yield		 5.0%


  • 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) $239
Currency USD
Expense ratio 56 bp
Distributions Semi-annual

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 35
Wgt avg mkt cap (mns) $27,878
Large cap (>$10bn) 51.1%
Mid cap ($2-10bn) 45.0%
Small cap (<$2bn) 4.0%
Developed mkts 96.5%
Emerging mkts 0.0%

TOP TEN HOLDINGS
NORDEA BANK ABP 19.4 %
NOKIA OYJ 15.2 %
SAMPO OYJ CLASS A 7.6 %
METSO CORPORATION 4.7 %
KONE OYJ-B 4.4 %
NESTE OIL OYJ 4.4 %
WARTSILA OYJ 4.3 %
UPM-KYMMENE OYJ 4.1 %
FORTUM OYJ 4.0 %
ORION OYJ CLASS B 3.8 %
Total 71.8 %

TOP COUNTRY EXPOSURE
FINLAND 95.6 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
12.4% 32.1% 5.7% 9.4% 8.9%

Market Correlations
versus... Beta R-squared
S&P500 0.97 41%
MSCI EAFE 0.95 61%
MSCI Emg. Mkts. 0.57 48%

Technical Indicators
Recent close $50.88
30d moving avg. $53.36
Annualized volatility 16.0%
Short interest (ETF) 0.4%
Relative strength (RSI) 46

Liquidity measures
Avg. volume (thou.) 16
Turnover 0.3%
Bid/Ask (% of price) 0.21%
ADV underlying (mns) $259

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 213 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™: 6.0%


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
(%)
WOOD iShares Global Timber & Forestry ETF 6.5 42 14 11.3 +5.3
CRAK VanEck Oil Refiners ETF 4.4 61 -5 8.1 +2.1
FEUZ First Trust Eurozone AlphaDEX ETF 4.3 80 -24 6.6 +0.6
HEDJ WisdomTree Europe Hedged Equity Fund 4.3 58 -2 6.0 -0.0
NLR VanEck Uranium+Nuclear Energy ETF 4.0 61 -5 2.0 -4.0
TNUK Tortoise Nuclear Renaissance ETF 4.0 75 -19 0.9 -5.1
GNR SPDR S&P Global Natural Resources ETF 3.9 40 16 8.6 +2.6
FICS First Trust International Developed Capital Strength ETF 3.7 70 -14 6.7 +0.7
EZU iShares MSCI Eurozone ETF 3.3 52 4 5.7 -0.3
HEZU iShares Currency Hedged MSCI Eurozone ETF 3.2 53 3 5.4 -0.6
IDOG ALPS International Sector Dividend Dogs ETF 3.1 50 6 9.4 +3.4
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 3.0 58 -2 9.1 +3.1
EFAV iShares MSCI EAFE Min Vol Factor ETF 2.9 22 34 5.7 -0.3
SCHY Schwab International Dividend Equity ETF 2.9 14 42 8.4 +2.4
FID First Trust S&P International Dividend Aristocrats ETF 2.8 60 -4 7.7 +1.7
WWJD Inspire International ETF 2.7 80 -24 6.4 +0.4
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 2.7 45 11 5.4 -0.6
NUKZ Range Nuclear Renaissance Index ETF 2.6 85 -29 1.5 -4.5
EUFN iShares MSCI Europe Financials ETF 2.5 51 5 6.6 +0.6
DIM WisdomTree International MidCap Dividend Fund 2.3 58 -2 6.3 +0.3
TPIF Timothy Plan International ETF 2.2 62 -6 5.6 -0.4
DFIS Dimensional International Small Cap ETF 2.1 39 17 6.2 +0.3
EUDV ProShares MSCI Europe Dividend Growers ETF 2.1 55 1 5.8 -0.2
DISV Dimensional International Small Cap Value ETF 2.1 42 14 8.2 +2.2
FEP First Trust Europe AlphaDEX Fund 2.1 80 -24 6.9 +0.9
WDIV SPDR S&P Global Dividend ETF 2.1 40 16 8.9 +2.9
IEUS iShares MSCI Europe Small-Cap ETF 2.0 42 14 6.9 +0.9
VCLN Virtus Duff & Phelps Clean Energy ETF 2.0 59 -3 2.8 -3.2
IDLV Invesco S&P International Developed Low Volatility ETF 2.0 25 31 6.3 +0.3
IQDF FlexShares International Quality Dividend Index Fund 1.9 47 9 7.5 +1.6
FENI Fidelity Enhanced International ETF 1.9 28 28 5.8 -0.2
DFSI Dimensional International Sustainability Core 1 ETF 1.9 24 32 5.7 -0.3
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 1.9 25 31 6.3 +0.3
IEUR iShares Core MSCI Europe ETF 1.8 11 45 6.4 +0.4
IBOT Vaneck Robotics ETF 1.8 47 9 3.3 -2.7
INTF iShares International Equity Factor ETF 1.8 15 41 6.5 +0.5
DMXF iShares ESG Advanced MSCI EAFE ETF 1.7 12 44 4.9 -1.1
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 1.6 32 24 5.3 -0.7
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 1.6 12 44 5.3 -0.7
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.6 24 32 6.9 +1.0
BBEU JPMorgan BetaBuilders Europe ETF 1.6 9 47 6.2 +0.2
IMFL Invesco International Developed Dynamic Multifactor ETF 1.6 34 22 5.3 -0.7
QEFA SPDR MSCI EAFE StrategicFactors ETF 1.6 30 26 6.1 +0.1
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 1.6 14 42 5.3 -0.7
EFV iShares MSCI EAFE Value ETF 1.5 34 22 7.5 +1.5
CIL VictoryShares International Volatility Wtd ETF 1.5 45 11 5.9 -0.1
IDHQ Invesco S&P International Developed High Quality ETF 1.5 29 27 5.1 -0.9
ESGD iShares ESG Aware MSCI EAFE ETF 1.5 20 36 5.8 -0.2
SPEU SPDR Portfolio Europe ETF 1.5 7 49 6.5 +0.5
DFIC Dimensional International Core Equity 2 ETF 1.5 23 33 6.3 +0.3
DFE WisdomTree Europe SmallCap Dividend Fund 1.5 58 -2 7.7 +1.7
FLEE Franklin FTSE Europe ETF 1.5 9 47 6.3 +0.3
VGK Vanguard FTSE Europe ETF 1.5 6 50 6.6 +0.6
BKCI BNY Mellon Concentrated International ETF 1.5 80 -24 4.9 -1.1
EV Mast Global Battery Recycling & Production ETF 1.5 65 -9 6.4 +0.4
IMTM iShares MSCI Intl Momentum Factor ETF 1.4 30 26 4.7 -1.3
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 1.4 80 -24 3.8 -2.2
DXIV Dimensional International Vector Equity ETF 1.4 34 22 6.6 +0.6
DBEU Xtrackers MSCI Europe Hedged Equity ETF 1.4 46 10 5.3 -0.7
QINT American Century Quality Diversified International ETF 1.4 39 17 6.6 +0.6
OCEN IQ Clean Oceans ETF 1.4 45 11 4.6 -1.4
ICOW Pacer Developed Markets International Cash Cows 100 ETF 1.4 65 -9 8.1 +2.1
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 1.4 65 -9 4.2 -1.8
NUDM Nuveen ESG International Developed Markets Equity ETF 1.4 31 25 5.4 -0.6
FEZ SPDR EURO STOXX 50 ETF 1.3 29 27 5.8 -0.2
IEV iShares Europe ETF 1.3 67 -11 5.9 -0.1
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.3 46 10 7.9 +1.9
BLES Inspire Global Hope ETF 1.3 61 -5 5.7 -0.3
IVLU iShares MSCI Intl Value Factor ETF 1.3 30 26 8.0 +2.0
NXTG First Trust Indxx NextG ETF 1.3 70 -14 3.7 -2.3
EFAD ProShares MSCI EAFE Dividend Growers ETF 1.3 50 6 5.8 -0.2
IQLT iShares MSCI Intl Quality Factor ETF 1.2 30 26 5.5 -0.5
IQSI IQ Candriam International Equity ETF 1.2 15 41 5.6 -0.4
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 1.2 9 47 7.6 +1.6
JHID John Hancock International High Dividend ETF 1.1 46 10 7.9 +1.9
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 1.1 45 11 6.8 +0.8
EFA iShares MSCI EAFE ETF 1.1 35 21 5.8 -0.2
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 1.1 39 17 6.3 +0.3
HEFA iShares Currency Hedged MSCI EAFE ETF 1.1 35 21 5.6 -0.4
IEFA iShares Core MSCI EAFE ETF 1.1 7 49 6.1 +0.1
DFAI Dimensional International Core Equity Market ETF 1.1 18 38 6.0 +0.0
ETEC iShares Breakthrough Environmental Solutions ETF 1.1 47 9 3.1 -2.9
FNDF Schwab Fundamental International Large Co. Index ETF 1.1 25 31 7.4 +1.4
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 1.0 20 36 5.7 -0.3
DWMF WisdomTree International Multifactor Fund 1.0 38 18 6.8 +0.8
SCHC Schwab International Small-Cap Equity ETF 1.0 11 45 6.8 +0.8
FNDC Schwab Fundamental International Small Co. Index ETF 1.0 39 17 6.9 +0.9
GSIE Goldman Sachs ActiveBeta International Equity ETF 1.0 25 31 6.1 +0.2
JPIN J.P. Morgan Diversified Return International Equity ETF 1.0 37 19 7.1 +1.1
SLX VanEck Steel ETF 1.0 56 0 10.5 +4.5
AVIV Avantis International Large Cap Value ETF 1.0 25 31 6.9 +0.9
IDEV iShares Core MSCI International Developed Markets ETF 1.0 4 52 6.0 +0.0
DSTX Distillate International Fundamental Stability & Value ETF 1.0 55 1 6.6 +0.6
JHMD John Hancock Multifactor Developed International ETF 1.0 39 17 6.2 +0.2
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.9 20 36 5.6 -0.4
VYMI Vanguard International High Dividend Yield ETF 0.9 17 39 7.9 +1.9
GSID Goldman Sachs MarketBeta International Equity ETF 0.9 20 36 5.8 -0.2
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.9 65 -9 1.5 -4.5
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.9 36 20 5.2 -0.8
SCZ iShares MSCI EAFE Small-Cap ETF 0.9 40 16 6.2 +0.2
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.9 30 26 6.5 +0.5
ISCF iShares International SmallCap Equity Factor ETF 0.9 23 33 7.4 +1.4
BOTZ Global X Robotics & Artificial Intelligence ETF 0.9 69 -13 2.2 -3.8
CGV Conductor Global Equity Value ETF 0.9 130 -74 7.9 +1.9
VEA Vanguard FTSE Developed Markets ETF 0.9 3 53 6.0 -0.0
SCHF Schwab International Equity ETF 0.9 6 50 6.0 -0.0
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.8 35 21 5.7 -0.3
DFIV Dimensional International Value ETF 0.8 27 29 7.7 +1.7
HFXI IQ FTSE International Equity Currency Neutral ETF 0.8 20 36 5.6 -0.4
KNCT Invesco Next Gen Connectivity ETF 0.8 40 16 3.1 -2.9
BKIE BNY Mellon International Equity ETF 0.8 4 52 18.0 +12.0
DWM WisdomTree International Equity Fund 0.8 48 8 5.6 -0.4
RODM Hartford Multifactor Developed Markets (ex-US) ETF 0.8 29 27 7.0 +1.0
RFDI First Trust Riverfront Dynamic Developed International ETF 0.8 83 -27 7.5 +1.5
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.8 47 9 7.3 +1.3
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.8 40 16 5.6 -0.4
AIS VistaShares Artificial Intelligence Supercycle ETF 0.8 75 -19 1.0 -5.0
DIHP Dimensional International High Profitability ETF 0.8 29 27 5.8 -0.2
DIVI Franklin International Core Dividend Tilt Index ETF 0.7 9 47 6.6 +0.6
FDEV Fidelity International Multifactor ETF 0.7 18 38 7.2 +1.2
EFG iShares MSCI EAFE Growth ETF 0.7 36 20 3.9 -2.1
STXI Strive International Developed Markets ETF 0.7 29 27 6.3 +0.3
AVSD Avantis Responsible International Equity ETF 0.7 23 33 5.9 -0.1
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.7 8 48 6.5 +0.6
KNO AXS Knowledge Leaders ETF 0.7 78 -22 4.1 -1.9
AVDE Avantis International Equity ETF 0.7 23 33 6.2 +0.2
SPDW SPDR Portfolio Developed World ex-US ETF 0.7 3 53 5.9 -0.1
TTAI FCF International Quality ETF 0.7 59 -3 6.9 +0.9
HAP VanEck Natural Resources ETF 0.7 50 6 6.8 +0.8
ACWX iShares MSCI ACWI ex U.S. ETF 0.7 34 22 6.4 +0.4
ACWV iShares MSCI Global Min Vol Factor ETF 0.7 20 36 5.7 -0.3
MXI iShares Global Materials ETF 0.7 41 15 6.2 +0.2
EUDG WisdomTree Europe Quality Dividend Growth Fund 0.7 58 -2 6.4 +0.4
IXUS iShares Core MSCI Total International Stock ETF 0.7 7 49 6.7 +0.7
VXUS Vanguard Total International Stock ETF 0.6 5 51 6.7 +0.7
CLNR IQ Cleaner Transport ETF 0.6 45 11 4.0 -2.0
TRFK Pacer Data and Digital Revolution ETF 0.6 60 -4 2.0 -4.0
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.6 49 7 6.1 +0.2
VSGX Vanguard ESG International Stock ETF 0.6 10 46 6.7 +0.7
DTH WisdomTree International High Dividend Fund 0.6 58 -2 7.3 +1.3
AVDV Avantis International Small Cap Value ETF 0.6 36 20 7.9 +1.9
AVDS Avantis International Small Cap Equity ETF 0.6 30 26 6.1 +0.1
CWI SPDR MSCI ACWI ex-US ETF 0.6 30 26 6.5 +0.5
JSTC Adasina Social Justice All Cap Global ETF 0.6 89 -33 4.3 -1.7
GCOW Pacer Global Cash Cows Dividend ETF 0.6 60 -4 9.4 +3.4
PATN Pacer Nasdaq International Patent Leaders ETF 0.6 65 -9 4.2 -1.8
DWX SPDR S&P International Dividend ETF 0.6 45 11 6.7 +0.7
IQDG WisdomTree International Quality Dividend Growth Fund 0.6 42 14 5.8 -0.2
IDMO Invesco S&P International Developed Momentum ETF 0.6 25 31 5.2 -0.8
FRGN Horizon International Equity ETF 0.6 75 -19 7.9 +1.9
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.6 41 15 5.9 -0.1
VIDI Vident International Equity Strategy ETF 0.6 61 -5 8.3 +2.4
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.6 18 38 6.4 +0.4
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.6 58 -2 5.3 -0.7
DGT State Street SPDR Global Dow ETF 0.5 50 6 5.7 -0.3
ICPY Tweedy, Browne International Insider Value ETF 0.5 80 -24 20.9 +14.9
VEU Vanguard FTSE All-World ex-US Index Fund 0.5 4 52 6.8 +0.8
EXI iShares Global Industrials ETF 0.5 42 14 3.6 -2.4
RCGE RockCreek Global Equality ETF 0.5 95 -39 5.9 -0.1
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.5 39 17 7.0 +1.0
QWLD SPDR MSCI World StrategicFactors ETF 0.5 30 26 5.2 -0.8
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.5 12 44 4.5 -1.5
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.5 80 -24 7.0 +1.1
DLS WisdomTree International SmallCap Dividend Fund 0.5 58 -2 7.5 +1.5
JXI iShares Global Utilities ETF 0.5 43 13 5.0 -1.0
GWX SPDR S&P International Small Cap ETF 0.4 40 16 6.1 +0.1
IDV iShares International Select Dividend ETF 0.4 51 5 9.2 +3.2
IPAV Global X Infrastructure Development ex-U.S. ETF 0.4 55 1 6.1 +0.1
COPY Tweedy, Browne Insider + Value ETF 0.4 80 -24 14.4 +8.4
DTAN Sparkline International Intangible Value ETF 0.4 55 1 7.3 +1.4
CGW Invesco S&P Global Water Index ETF 0.4 57 -1 4.5 -1.5
IXC iShares Global Energy ETF 0.4 44 12 7.2 +1.2
IVSI Applied Finance IVS International Large ETF 0.4 65 -9 5.9 -0.1
GLOF iShares Global Equity Factor ETF 0.4 20 36 5.6 -0.4
RWX SPDR Dow Jones International Real Estate ETF 0.4 59 -3 7.1 +1.1
FEOE First Eagle Overseas Equity ETF 0.3 79 -23 6.1 +0.1
JIRE JPMorgan International Research Enhanced Equity ETF 0.3 24 32 5.8 -0.2
BULD Pacer BlueStar Engineering the Future ETF 0.3 60 -4 0.3 -5.7
WSML iShares MSCI World Small-Cap ETF 0.3 15 41 5.4 -0.6
TOK iShares MSCI Kokusai ETF 0.3 26 30 4.3 -1.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.3 20 36 4.8 -1.2
DOL WisdomTree International LargeCap Dividend Fund 0.3 48 8 5.6 -0.4
PIEL Pacer International Export Leaders ETF 0.3 60 -4 4.1 -1.9
URTH iShares MSCI World ETF 0.3 24 32 4.4 -1.6
AQLT iShares MSCI Global Quality Factor ETF 0.3 18 38 0.0 -6.0
CCNR ALPS CoreCommodity Natural Resources ETF 0.3 39 17 8.5 +2.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.3 9 47 4.9 -1.1
KOKU Xtrackers MSCI Kokusai Equity ETF 0.3 9 47 4.4 -1.6
AIQ Global X Artificial Intelligence & Technology ETF 0.3 68 -12 3.0 -3.0
ACWI iShares MSCI ACWI ETF 0.2 32 24 4.7 -1.3
VT Vanguard Total World Stock ETF 0.2 6 50 5.1 -0.9
GEW Cambria Global EW ETF 0.2 29 27 5.4 -0.6
WRND IQ Global Equity R&D Leaders ETF 0.2 18 38 4.2 -1.8
AIVI WisdomTree International AI Enhanced Value Fund 0.2 58 -2 6.2 +0.2
IGRO iShares International Dividend Growth ETF 0.2 15 41 6.6 +0.6
IFGL iShares International Developed Real Estate ETF 0.2 48 8 7.3 +1.3
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.2 42 14 4.1 -1.9
IXN iShares Global Tech ETF 0.2 41 15 2.8 -3.2
ESGG FlexShares STOXX Global ESG Select Index Fund 0.2 42 14 4.0 -2.0
PICK iShares MSCI Global Metals & Mining Producers ETF 0.2 39 17 8.6 +2.6
IXG iShares Global Financials ETF 0.2 42 14 5.9 -0.1
IXP iShares Global Comm Services ETF 0.2 42 14 6.1 +0.1
KXI iShares Global Consumer Staples ETF 0.2 41 15 5.4 -0.6
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.2 10 46 8.5 +2.5
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.2 12 44 8.5 +2.6
SHLD Global X Defense Tech ETF 0.1 50 6 3.2 -2.8
DEW WisdomTree Global High Dividend Fund 0.1 58 -2 7.0 +1.0
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.1 80 -24 9.6 +3.6
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.1 25 31 5.4 -0.6
RWO SPDR Dow Jones Global Real Estate ETF 0.1 50 6 5.9 -0.1
ERET iShares Environmentally Aware Real Estate ETF 0.1 30 26 6.6 +0.6
LVHI Franklin International Low Volatility High Dividend Index ET 0.1 40 16 7.3 +1.3
VIGI Vanguard International Dividend Appreciation ETF 0.1 10 46 6.0 -0.0

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

  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

Content on this tab for subscribers only

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 Finland 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 12.1 %
Divided by: Fwd. P/BV 1.8 x
Less: Expense ratio 56 bp
Equals: ALTAR Score 6.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.74 CATEGORY
AVERAGE		 1.64
 
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.