iShares MSCI Indonesia ETF
ALTAR
Score™		 7.5% info Recommen-
dation		 NEUTRAL
2024E    2025E
P/E
ratio		 12.1x P/Sales
ratio		 1.8x
P/BV
ratio		 1.7x Div.
yield		 4.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares MSCI Indonesia Investable Market Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the performance of the MSCI Indonesia Investable Market Index.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor BlackRock Fund Advisors
Website www.ishares.com
Inception date May 05, 2010
Assets (mns) $313
Currency USD
Expense ratio 59 bp
Distributions Semi-Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 81
Wgt avg mkt cap (mns) $31,705
Large cap (>$10bn) 60.1%
Mid cap ($2-10bn) 26.1%
Small cap (<$2bn) 13.8%
Developed mkts 0.0%
Emerging mkts 100.0%

TOP TEN HOLDINGS
BANK CENTRAL ASIA PT 22.9 %
BANK RAKYAT INDONESIA 12.1 %
BANK MANDIRI TBK 9.2 %
PT TELEKOMUNIKASI INDONESIA, TBK C 4.0 %
ASTRA INTERNATIONAL TBK PT 3.6 %
BANK NEGARA INDONESIA PT 3.3 %
ADARO ENERGY PT 2.6 %
PT GOTO GOJEK TOKOPEDIA TBK 2.4 %
PT SUMBER ALFARIA TRIJAYA 2.4 %
PT CHANDRA ASRI PETROCHEMICAL TBK 2.1 %
Total 64.8 %

TOP COUNTRY EXPOSURE
INDONESIA 94.7 %










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.
-1.2% 9.2% -0.7% -0.6% 1.5%

Market Correlations
versus... Beta R-squared
S&P500 0.41 24%
MSCI EAFE 0.45 29%
MSCI Emg. Mkts. 0.34 16%

Technical Indicators
Recent close $19.95
30d moving avg. $22.27
Annualized volatility 14.8%
Short interest (ETF) 8.6%
Relative strength (RSI) 47

Liquidity measures
Avg. volume (thou.) 385
Turnover 2.5%
Bid/Ask (% of price) 0.05%
ADV underlying (mns) $383

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 151 potential alternatives to the iShares MSCI Indonesia ETF ETF based on the alternatives' overlap in portfolio holdings with EIDO. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EIDO Expense: 59 bp ALTAR Score™: 7.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EIDO
Ticker Fund
Name		 Overlap1
vs EIDO
(%)		 Expense
ratio
(bp)		 Savings
vs EIDO
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EIDO
(%)
IDX VanEck Indonesia Index ETF 63.2 57 2 8.8 +1.3
ASEA Global X FTSE Southeast Asia ETF 19.2 65 -6 6.3 -1.2
DVYE iShares Emerging Markets Dividend ETF 7.1 49 10 18.8 +11.3
EDOG ALPS Emerging Sector Dividend Dogs ETF 6.9 60 -1 13.4 +5.9
EEMD AAM S&P Emerging Markets High Dividend Value ETF 6.1 49 10 16.1 +8.7
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 6.0 80 -21 12.3 +4.8
EMC Global X Emerging Markets Great Consumer ETF 5.6 75 -16 4.5 -3.0
OBOR KraneShares MSCI One Belt One Road Index ETF 5.0 79 -20 10.3 +2.8
EMMF WisdomTree Emerging Markets Multifactor Fund 4.1 48 11 8.8 +1.3
FDEM Fidelity Emerging Markets Multifactor ETF 4.0 25 34 12.3 +4.8
ECOW Pacer Emerging Markets Cash Cows 100 ETF 3.7 70 -11 9.2 +1.7
EMM Global X Emerging Markets ex-China ETF 3.6 75 -16 4.2 -3.2
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 3.4 44 15 10.6 +3.2
EDIV SPDR S&P Emerging Markets Dividend ETF 3.3 49 10 12.0 +4.5
FEM First Trust Emerging Markets AlphaDEX Fund 3.3 80 -21 13.0 +5.6
EQLT iShares MSCI Emerging Markets Quality Factor ETF 3.1 35 24 7.4 -0.1
EMFQ Amplify Emerging Markets FinTech ETF 3.1 69 -10 5.3 -2.2
OSEA Harbor International Compounders ETF 3.0 55 4 4.3 -3.2
ROAM Hartford Multifactor Emerging Markets ETF 2.9 44 15 15.8 +8.3
DEM WisdomTree Emerging Markets High Dividend Fund 2.9 63 -4 18.9 +11.4
FRDM Freedom 100 Emerging Markets ETF 2.9 49 10 7.3 -0.2
GOEX Global X Gold Explorers ETF 2.8 65 -6 4.4 -3.1
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 2.7 24 35 9.2 +1.7
SDIV Global X Superdividend ETF 2.7 58 1 14.9 +7.4
RNEM First Trust Emerging Markets Equity Select ETF 2.7 75 -16 7.6 +0.1
EMXF iShares ESG Advanced MSCI EM ETF 2.5 16 43 6.8 -0.7
XCEM Columbia EM Core ex-China ETF 2.5 16 43 7.7 +0.2
OAIM OneAscent International Equity ETF 2.5 95 -36 5.1 -2.3
IPOS Renaissance International IPO ETF 2.4 80 -21 -0.8 -8.3
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 2.3 58 1 10.2 +2.7
XC WisdomTree Emerging Markets Ex-China Fund 2.3 32 27 6.0 -1.5
XCNY SPDR S&P Emerging Markets ex-China ETF 2.3 15 44 6.3 -1.2
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 2.3 30 29 8.1 +0.6
GMF SPDR S&P Emerging Asia Pacific ETF 2.2 49 10 6.1 -1.3
IQDF FlexShares International Quality Dividend Index Fund 2.2 47 12 12.9 +5.4
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 2.1 15 44 10.2 +2.8
WWJD Inspire International ETF 2.1 80 -21 7.3 -0.2
VIDI Vident International Equity Strategy ETF 2.1 61 -2 10.2 +2.7
STXE Strive Emerging Markets Ex-China ETF 2.1 32 27 7.0 -0.5
EMXC iShares MSCI Emerging Markets ex China ETF 2.0 25 34 6.7 -0.8
JIG JPMorgan International Growth ETF 2.0 55 4 4.6 -2.8
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.9 47 12 9.4 +1.9
RODE Hartford Multifactor Diversified International ETF 1.9 29 30 11.8 +4.3
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 1.9 32 27 6.9 -0.6
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 1.9 33 26 8.2 +0.8
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 1.9 86 -27 1.2 -6.2
EEMA iShares MSCI Emerging Markets Asia ETF 1.9 49 10 6.5 -1.0
JHEM John Hancock Multifactor Emerging Markets ETF 1.8 49 10 8.2 +0.7
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.8 32 27 6.2 -1.3
EEMS iShares MSCI Emerging Markets Small Cap ETF 1.7 70 -11 7.7 +0.2
SPEM SPDR Portfolio Emerging Markets ETF 1.7 7 52 7.3 -0.2
DSTX Distillate International Fundamental Stability & Value ETF 1.7 55 4 8.0 +0.5
AAXJ iShares MSCI All Country Asia ex Japan ETF 1.7 70 -11 6.2 -1.3
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 1.7 59 0 11.3 +3.8
FLAX Franklin FTSE Asia Ex Japan ETF 1.7 19 40 6.9 -0.6
SCHE Schwab Emerging Markets Equity ETF 1.7 11 48 7.1 -0.4
IQDE FlexShares International Quality Dividend Defensive Index ET 1.7 47 12 14.8 +7.3
DEHP Dimensional Emerging Markets High Profitability ETF 1.6 41 18 5.0 -2.5
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 1.6 25 34 6.6 -0.8
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 1.6 15 44 7.2 -0.2
VWO Vanguard FTSE Emerging Markets ETF 1.6 8 51 6.9 -0.6
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 1.5 30 29 7.3 -0.2
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 1.5 66 -7 10.0 +2.5
AVEM Avantis Emerging Markets Equity ETF 1.5 33 26 8.9 +1.4
IEMG iShares Core MSCI Emerging Markets ETF 1.5 9 50 7.5 -0.0
NUEM Nuveen ESG Emerging Markets Equity ETF 1.5 36 23 6.5 -1.0
DFAE Dimensional Emerging Core Equity Market ETF 1.5 35 24 7.3 -0.2
EMGF iShares Emerging Markets Equity Factor ETF 1.5 25 34 8.5 +1.0
EEM iShares MSCI Emerging Markets ETF 1.5 69 -10 6.9 -0.6
ECON Columbia Emerging Markets Consumer ETF 1.5 49 10 7.3 -0.1
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 1.5 40 19 8.3 +0.8
SCHY Schwab International Dividend Equity ETF 1.5 14 45 9.3 +1.9
BKEM BNY Mellon Emerging Markets Equity ETF 1.5 11 48 8.4 +0.9
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 1.5 36 23 7.8 +0.4
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 1.4 39 20 12.5 +5.0
AVES Avantis Emerging Markets Value ETF 1.4 36 23 11.6 +4.1
EELV Invesco S&P Emerging Markets Low Volatility ETF 1.4 29 30 8.7 +1.3
DFEV Dimensional Emerging Markets Value ETF 1.4 43 16 11.1 +3.6
EYLD Cambria Emerging Shareholder Yield ETF 1.3 66 -7 13.2 +5.7
EVLU iShares MSCI Emerging Markets Value Factor ETF 1.3 35 24 12.4 +4.9
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.3 38 21 7.8 +0.3
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 1.2 45 14 11.0 +3.5
EWX SPDR S&P Emerging Markets Small Cap ETF 1.2 65 -6 8.2 +0.7
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 1.2 68 -9 8.2 +0.8
PXH Invesco FTSE RAFI Emerging Markets ETF 1.2 49 10 12.2 +4.8
SGDJ Sprott Junior Gold Miners ETF 1.1 50 9 5.6 -1.8
GDXJ VanEck Junior Gold Miners ETF 1.1 52 7 4.5 -3.0
BLES Inspire Global Hope ETF 1.1 61 -2 6.4 -1.0
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 1.0 20 39 6.8 -0.7
MINV Matthews Asia Innovators Active ETF 1.0 79 -20 3.0 -4.5
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 1.0 95 -36 10.5 +3.0
MEM Matthews Emerging Markets Equity Active ETF 1.0 79 -20 5.4 -2.1
ESGE iShares ESG Aware MSCI EM ETF 1.0 25 34 7.1 -0.3
LDEM iShares ESG MSCI EM Leaders ETF 1.0 17 42 7.6 +0.2
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.9 50 9 13.0 +5.5
GMET VanEck Green Metals ETF 0.9 63 -4 10.7 +3.2
ION ProShares S&P Global Core Battery Metals ETF 0.9 58 1 15.5 +8.1
NIKL Sprott Nickel Miners ETF 0.9 75 -16 10.2 +2.7
BATT Amplify Lithium & Battery Technology ETF 0.9 59 0 -0.1 -7.6
WOOD iShares Global Timber & Forestry ETF 0.9 42 17 9.8 +2.3
IGRO iShares International Dividend Growth ETF 0.9 15 44 7.5 +0.1
CUT Invesco MSCI Global Timber ETF 0.8 61 -2 8.4 +0.9
VIGI Vanguard International Dividend Appreciation ETF 0.8 15 44 6.4 -1.1
DTCR Global X Data Center & Digital Infrastructure ETF 0.8 50 9 4.7 -2.8
SRVR Pacer Data & Infrastructure Real Estate ETF 0.8 55 4 1.9 -5.5
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 0.7 18 41 6.8 -0.7
MOO VanEck Agribusiness ETF 0.7 53 6 9.7 +2.3
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 0.7 90 -31 6.1 -1.3
VEGI iShares MSCI Agriculture Producers ETF 0.7 39 20 9.2 +1.7
EEMO Invesco S&P Emerging Markets Momentum ETF 0.7 29 30 5.5 -2.0
RING iShares MSCI Global Gold Miners ETF 0.6 39 20 5.6 -1.9
VYMI Vanguard International High Dividend Yield ETF 0.5 22 37 9.8 +2.4
VSGX Vanguard ESG International Stock ETF 0.5 12 47 6.8 -0.7
ACWV iShares MSCI Global Min Vol Factor ETF 0.5 20 39 6.3 -1.1
DEW WisdomTree Global High Dividend Fund 0.5 58 1 8.5 +1.0
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.5 45 14 -0.6 -8.0
CWI SPDR MSCI ACWI ex-US ETF 0.5 30 29 6.9 -0.5
NXTG First Trust Indxx NextG ETF 0.5 70 -11 6.2 -1.2
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.5 18 41 7.0 -0.5
IXUS iShares Core MSCI Total International Stock ETF 0.5 7 52 7.2 -0.3
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.5 7 52 6.7 -0.8
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 0.5 88 -29 7.4 -0.0
ACWX iShares MSCI ACWI ex U.S. ETF 0.4 34 25 7.0 -0.5
VXUS Vanguard Total International Stock ETF 0.4 7 52 7.2 -0.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.4 41 18 7.4 -0.1
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.4 72 -13 1.0 -6.5
VEU Vanguard FTSE All-World ex-US Index Fund 0.4 8 51 7.3 -0.2
CARZ First Trust NASDAQ Global Auto Index Fund 0.4 70 -11 3.8 -3.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.4 30 29 8.0 +0.5
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.4 86 -27 1.6 -5.8
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.4 46 13 9.3 +1.9
CGV Conductor Global Equity Value ETF 0.4 130 -71 10.9 +3.4
FDNI First Trust Dow Jones International Internet ETF 0.4 65 -6 2.1 -5.4
JSTC Adasina Social Justice All Cap Global ETF 0.3 89 -30 4.9 -2.6
FILL iShares MSCI Global Energy Producers ETF 0.3 39 20 9.6 +2.2
PICK iShares MSCI Global Metals & Mining Producers ETF 0.3 39 20 12.8 +5.4
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.3 41 18 7.4 -0.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 50 5.4 -2.1
SETM Sprott Energy Transition Materials ETF 0.2 65 -6 6.0 -1.5
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.2 10 49 7.7 +0.2
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.2 12 47 8.3 +0.8
IPAV Global X Infrastructure Development ex-U.S. ETF 0.2 55 4 9.7 +2.2
VT Vanguard Total World Stock ETF 0.2 7 52 5.5 -2.0
ACWI iShares MSCI ACWI ETF 0.2 32 27 5.3 -2.2
KNCT Invesco Next Gen Connectivity ETF 0.2 40 19 5.6 -1.9
SHPP Pacer Industrials and Logistics ETF 0.1 60 -1 9.9 +2.4
GLOF iShares Global Equity Factor ETF 0.1 20 39 7.0 -0.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 39 5.2 -2.3
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.1 42 17 8.1 +0.6
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 12 5.5 -2.0
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.0 12 47 4.8 -2.7

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 Indonesia 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 13.1 %
Divided by: Fwd. P/BV 1.6 x
Less: Expense ratio 59 bp
Equals: ALTAR Score 7.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.47 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.