iShares MSCI Philippines ETF
ALTAR
Score™		 0.0% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 8.8x P/Sales
ratio		 1.3x
P/BV
ratio		 0.0x Div.
yield		 3.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
EPHE tracks a market-cap-weighted index of the broader Filipino equity market.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Blackrock Inc.
Website us.ishares.com
Inception date Sep 28, 2010
Assets (mns) $135
Currency USD
Expense ratio 59 bp
Distributions Semi-annual

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Market Cap
Index replication
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 35
Wgt avg mkt cap (mns) $8,510
Large cap (>$10bn) 56.4%
Mid cap ($2-10bn) 27.8%
Small cap (<$2bn) 15.8%
Developed mkts 0.0%
Emerging mkts 100.0%

TOP TEN HOLDINGS
INTL CONTAINER TERM SVCS INC 26.3 %
BDO UNIBANK INC 9.6 %
SM PRIME HOLDINGS INC 5.9 %
BANK OF PHILIPPINE ISLANDS 5.0 %
SM INVESTMENTS CORP 4.5 %
MANILA ELECTRIC COMPANY 4.2 %
METROPOLITAN BANK & TRUST 4.2 %
PLDT, INC. 3.5 %
JOLLIBEE FOODS CORPORATION 2.7 %
ABOITIZ EQUITY VENTURES INC 2.5 %
Total 68.3 %

TOP COUNTRY EXPOSURE
PHILIPPINES 90.7 %










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.
-1.2% -8.4% -2.8% -3.4% 1.0%

Market Correlations
versus... Beta R-squared
S&P500 0.66 16%
MSCI EAFE 0.57 19%
MSCI Emg. Mkts. 0.37 17%

Technical Indicators
Recent close $25.39
30d moving avg. $25.01
Annualized volatility 18.9%
Short interest (ETF) 7.3%
Relative strength (RSI) 53

Liquidity measures
Avg. volume (thou.) 165
Turnover 3.1%
Bid/Ask (% of price) 0.26%
ADV underlying (mns) $56

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 109 potential alternatives to the iShares MSCI Philippines ETF ETF based on the alternatives' overlap in portfolio holdings with EPHE. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EPHE Expense: 59 bp ALTAR Score™: 0.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EPHE
Ticker Fund
Name		 Overlap1
vs EPHE
(%)		 Expense
ratio
(bp)		 Savings
vs EPHE
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EPHE
(%)
ASEA Global X FTSE Southeast Asia ETF 4.1 65 -6 5.2 +5.2
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 2.5 32 27 4.9 +4.9
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 2.5 95 -36 10.2 +10.2
ICPY Tweedy, Browne International Insider Value ETF 2.3 80 -21 20.6 +20.6
FTHF First Trust Emerging Markets Human Flourishing ETF 2.2 75 -16 6.1 +6.1
EDOG ALPS Emerging Sector Dividend Dogs ETF 2.1 60 -1 10.7 +10.7
EDIV SPDR S&P Emerging Markets Dividend ETF 2.0 49 10 8.9 +8.9
SDEM Global X MSCI SuperDividend Emerging Markets ETF 2.0 67 -8 12.4 +12.4
FEM First Trust Emerging Markets AlphaDEX Fund 1.9 80 -21 9.1 +9.1
SHPP Pacer Industrials and Logistics ETF 1.6 60 -1 6.6 +6.6
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 1.6 80 -21 12.6 +12.6
XC WisdomTree Emerging Markets Ex-China Fund 1.6 32 27 6.5 +6.5
COPY Tweedy, Browne Insider + Value ETF 1.6 80 -21 14.3 +14.3
FRDM Freedom 100 Emerging Markets ETF 1.6 49 10 5.6 +5.6
WWJD Inspire International ETF 1.4 80 -21 6.4 +6.4
ROAM Hartford Multifactor Emerging Markets ETF 1.2 44 15 7.8 +7.8
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 1.2 90 -31 3.8 +3.8
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 1.1 47 12 5.0 +5.0
CGV Conductor Global Equity Value ETF 1.0 130 -71 7.9 +7.9
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 0.9 25 34 6.2 +6.2
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.9 10 49 8.4 +8.4
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 0.9 40 19 6.4 +6.4
RNEM First Trust Emerging Markets Equity Select ETF 0.8 75 -16 7.9 +7.9
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.7 58 1 8.7 +8.7
BLES Inspire Global Hope ETF 0.6 61 -2 5.7 +5.7
EVLU iShares MSCI Emerging Markets Value Factor ETF 0.6 35 24 10.3 +10.3
OBOR KraneShares MSCI One Belt One Road Index ETF 0.6 79 -20 7.6 +7.6
VEXC Vanguard Emerging Markets Ex-China ETF 0.6 7 52 5.8 +5.8
CGGO Capital Group Global Growth Equity ETF 0.6 47 12 4.1 +4.1
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.5 70 -11 6.8 +6.8
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.5 12 47 8.5 +8.5
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.5 59 0 8.8 +8.8
MEM Matthews Emerging Markets Equity Active ETF 0.5 79 -20 8.8 +8.8
EMMF WisdomTree Emerging Markets Multifactor Fund 0.5 48 11 8.8 +8.8
DEM WisdomTree Emerging Markets High Dividend Fund 0.5 63 -4 10.4 +10.4
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.5 30 29 7.7 +7.7
EEMA iShares MSCI Emerging Markets Asia ETF 0.5 49 10 7.7 +7.7
AVXC Avantis Emerging Markets Ex-China Equity ETF 0.5 33 26 6.3 +6.3
GMF SPDR S&P Emerging Asia Pacific ETF 0.5 49 10 8.8 +8.8
JHEM John Hancock Multifactor Emerging Markets ETF 0.5 49 10 7.7 +7.7
SCHE Schwab Emerging Markets Equity ETF 0.4 11 48 9.5 +9.5
XCEM Columbia EM Core ex-China ETF 0.4 16 43 5.1 +5.1
XCNY SPDR S&P Emerging Markets ex-China ETF 0.4 15 44 5.8 +5.8
EMXC iShares MSCI Emerging Markets ex China ETF 0.4 25 34 5.3 +5.3
VWO Vanguard FTSE Emerging Markets ETF 0.4 7 52 9.3 +9.3
EELV Invesco S&P Emerging Markets Low Volatility ETF 0.4 29 30 8.8 +8.8
EMGF iShares Emerging Markets Equity Factor ETF 0.4 25 34 9.2 +9.2
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.4 24 35 5.4 +5.4
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.4 32 27 7.8 +7.8
AVEM Avantis Emerging Markets Equity ETF 0.4 33 26 7.3 +7.3
FLAX Franklin FTSE Asia Ex Japan ETF 0.4 19 40 7.4 +7.4
DEHP Dimensional Emerging Markets High Profitability ETF 0.4 41 18 5.0 +5.0
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.4 36 23 7.9 +7.9
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.3 70 -11 7.2 +7.2
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 0.3 30 29 8.2 +8.2
AVSE Avantis Responsible Emerging Markets Equity ETF 0.3 33 26 6.9 +6.9
AVES Avantis Emerging Markets Value ETF 0.3 36 23 9.2 +9.2
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 0.3 44 15 9.5 +9.5
IEMG iShares Core MSCI Emerging Markets ETF 0.3 9 50 8.5 +8.5
BKEM BNY Mellon Emerging Markets Equity ETF 0.3 11 48 24.9 +24.9
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.3 15 44 8.2 +8.2
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 0.3 69 -10 7.8 +7.8
EEM iShares MSCI Emerging Markets ETF 0.3 69 -10 8.1 +8.1
SPEM SPDR Portfolio Emerging Markets ETF 0.3 7 52 9.6 +9.6
JSTC Adasina Social Justice All Cap Global ETF 0.3 89 -30 4.3 +4.3
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 0.3 88 -29 8.4 +8.4
DFAE Dimensional Emerging Core Equity Market ETF 0.3 35 24 7.2 +7.2
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.3 66 -7 7.5 +7.5
DEXC Dimensional Emerging Markets ex China Core EquityETF 0.3 53 6 5.3 +5.3
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.3 15 44 9.1 +9.1
KROP Global X AgTech & Food Innovation ETF 0.3 50 9 6.5 +6.5
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.3 45 14 8.3 +8.3
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.2 42 17 8.1 +8.1
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.2 38 21 7.3 +7.3
EMXF iShares ESG Advanced MSCI EM ETF 0.2 16 43 6.8 +6.8
STXE Strive Emerging Markets Ex-China ETF 0.2 32 27 5.5 +5.5
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.2 41 18 7.1 +7.1
VYMI Vanguard International High Dividend Yield ETF 0.2 17 42 7.8 +7.8
DFEV Dimensional Emerging Markets Value ETF 0.2 43 16 9.7 +9.7
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.2 50 9 8.5 +8.5
IGRO iShares International Dividend Growth ETF 0.2 15 44 6.6 +6.6
EWX SPDR S&P Emerging Markets Small Cap ETF 0.2 65 -6 6.9 +6.9
ECON Columbia Emerging Markets Consumer ETF 0.1 49 10 6.8 +6.8
NUEM Nuveen ESG Emerging Markets Equity ETF 0.1 36 23 6.1 +6.1
LDEM iShares ESG MSCI EM Leaders ETF 0.1 17 42 13.0 +13.0
VSGX Vanguard ESG International Stock ETF 0.1 10 49 6.6 +6.6
GLOF iShares Global Equity Factor ETF 0.1 20 39 5.6 +5.6
ACWV iShares MSCI Global Min Vol Factor ETF 0.1 20 39 5.7 +5.7
IXUS iShares Core MSCI Total International Stock ETF 0.1 7 52 6.6 +6.6
VEU Vanguard FTSE All-World ex-US Index Fund 0.1 4 55 6.7 +6.7
ACWX iShares MSCI ACWI ex U.S. ETF 0.1 34 25 6.4 +6.4
VXUS Vanguard Total International Stock ETF 0.1 5 54 6.7 +6.7
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.1 41 18 5.9 +5.9
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.1 30 29 6.5 +6.5
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.1 18 41 6.4 +6.4
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.1 33 26 6.9 +6.9
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.1 42 17 4.1 +4.1
PIO Invesco Global Water ETF 0.1 75 -16 4.5 +4.5
DEW WisdomTree Global High Dividend Fund 0.1 58 1 7.0 +7.0
ERTH Invesco MSCI Sustainable Future ETF 0.1 62 -3 3.3 +3.3
CWI SPDR MSCI ACWI ex-US ETF 0.1 30 29 6.5 +6.5
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.0 46 13 7.9 +7.9
VT Vanguard Total World Stock ETF 0.0 6 53 5.1 +5.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.0 12 47 4.5 +4.5
ACWI iShares MSCI ACWI ETF 0.0 32 27 4.7 +4.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.0 20 39 4.8 +4.8
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.0 8 51 6.5 +6.5
AQLT iShares MSCI Global Quality Factor ETF 0.0 18 41 0.0 0.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.0 9 50 4.9 +4.9

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

  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

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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 Philippines 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 12.7 %
Divided by: Fwd. P/BV 0.0 x
Less: Expense ratio 59 bp
Equals: ALTAR Score 0.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.46 CATEGORY
AVERAGE		 1.53
 
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.