iShares MSCI Poland ETF
ALTAR
Score™		 11.1% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 9.8x P/Sales
ratio		 1.0x
P/BV
ratio		 1.2x Div.
yield		 3.2%


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

FUND BASICS
Category International Equities
Fund Sponsor BlackRock Fund Advisors
Website www.ishares.com
Inception date May 25, 2010
Assets (mns) $474
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 Optimized
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 33
Wgt avg mkt cap (mns) $11,965
Large cap (>$10bn) 54.0%
Mid cap ($2-10bn) 42.7%
Small cap (<$2bn) 3.3%
Developed mkts 3.7%
Emerging mkts 96.3%

TOP TEN HOLDINGS
PKO BANK POLSKI SA 14.3 %
POLSKI KONCERN NAFTOWY SA 10.5 %
POWSZECHNY ZAKLAD UBEZPIECZE 8.4 %
BANK PEKAO SA 7.5 %
ALLEGRO.EU SA 4.6 %
DINO POLSKA SA 4.2 %
CD PROJEKT S.A. 4.1 %
BANK ZACHODNI WBK SA 3.9 %
KGHM POLSKA MIEDZ S.A. 3.6 %
LPP SA 3.3 %
Total 64.4 %

TOP COUNTRY EXPOSURE
POLAND 87.1 %
LUXEMBOURG 4.6 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
45.5% 22.8% 15.4% 4.4% 3.9%

Market Correlations
versus... Beta R-squared
S&P500 0.98 28%
MSCI EAFE 1.32 53%
MSCI Emg. Mkts. 1.11 37%

Technical Indicators
Recent close $31.69
30d moving avg. $30.29
Annualized volatility 31.3%
Short interest (ETF) 4.8%
Relative strength (RSI) 59

Liquidity measures
Avg. volume (thou.) 481
Turnover 3.2%
Bid/Ask (% of price) 0.05%
ADV underlying (mns) $153

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 136 potential alternatives to the iShares MSCI Poland ETF ETF based on the alternatives' overlap in portfolio holdings with EPOL. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EPOL Expense: 59 bp ALTAR Score™: 11.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EPOL
Ticker Fund
Name		 Overlap1
vs EPOL
(%)		 Expense
ratio
(bp)		 Savings
vs EPOL
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EPOL
(%)
FRDM Freedom 100 Emerging Markets ETF 12.5 49 10 8.8 -2.2
GVAL Cambria Global Value ETF 8.7 68 -9 11.3 +0.3
FTHF First Trust Emerging Markets Human Flourishing ETF 7.9 75 -16 8.6 -2.5
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 6.9 86 -27 0.8 -10.3
DVYE iShares Emerging Markets Dividend ETF 6.4 49 10 19.1 +8.1
EMDM First Trust Bloomberg Emerging Market Democracies ETF 6.4 75 -16 9.9 -1.1
CRAK VanEck Oil Refiners ETF 6.3 61 -2 14.9 +3.8
EMMF WisdomTree Emerging Markets Multifactor Fund 4.3 48 11 7.9 -3.2
IDOG ALPS International Sector Dividend Dogs ETF 4.2 50 9 12.4 +1.4
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 4.2 32 27 6.9 -4.2
HERO Global X Video Games & Esports ETF 4.1 50 9 3.8 -7.2
SDEM Global X MSCI SuperDividend Emerging Markets ETF 4.0 67 -8 13.9 +2.8
FDD First Trust Stoxx European Select Dividend Index Fund 3.9 58 1 11.8 +0.7
EYLD Cambria Emerging Shareholder Yield ETF 3.8 66 -7 12.5 +1.5
FEM First Trust Emerging Markets AlphaDEX Fund 3.8 80 -21 12.4 +1.3
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 3.6 80 -21 14.7 +3.7
COPX Global X Copper Miners ETF 3.6 65 -6 8.2 -2.8
SILJ ETFMG Prime Junior Silver Miners ETF 3.6 69 -10 3.1 -7.9
AGMI Themes Silver Miners ETF 3.6 35 24 6.7 -4.4
ESPO VanEck Video Gaming and eSports ETF 3.6 56 3 4.1 -6.9
ICOP iShares Copper and Metals Mining ETF 3.6 47 12 9.1 -2.0
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 2.7 58 1 9.9 -1.2
DEM WisdomTree Emerging Markets High Dividend Fund 2.6 63 -4 13.4 +2.3
NERD Roundhill Video Games ETF 2.5 50 9 3.1 -8.0
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.3 47 12 8.5 -2.5
OND ProShares On-Demand ETF 2.3 58 1 0.7 -10.3
ROAM Hartford Multifactor Emerging Markets ETF 2.3 44 15 12.1 +1.0
IQDF FlexShares International Quality Dividend Index Fund 2.3 47 12 9.3 -1.7
OBOR KraneShares MSCI One Belt One Road Index ETF 2.3 79 -20 9.0 -2.1
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 2.2 95 -36 12.9 +1.8
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 2.1 24 35 8.3 -2.8
AVXC Avantis Emerging Markets Ex-China Equity ETF 2.0 33 26 8.7 -2.3
VIDI Vident International Equity Strategy ETF 2.0 61 -2 11.5 +0.4
WWJD Inspire International ETF 1.9 80 -21 7.4 -3.7
GMET VanEck Green Metals ETF 1.8 63 -4 9.7 -1.4
EMXF iShares ESG Advanced MSCI EM ETF 1.7 16 43 8.5 -2.5
RNEM First Trust Emerging Markets Equity Select ETF 1.7 75 -16 7.0 -4.0
EEMS iShares MSCI Emerging Markets Small Cap ETF 1.6 70 -11 7.8 -3.3
XCEM Columbia EM Core ex-China ETF 1.6 16 43 8.2 -2.9
XC WisdomTree Emerging Markets Ex-China Fund 1.6 32 27 6.1 -5.0
MOTI VanEck Morningstar International Moat ETF 1.6 58 1 11.1 +0.0
EMXC iShares MSCI Emerging Markets ex China ETF 1.6 25 34 7.8 -3.3
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 1.6 86 -27 13.1 +2.1
XCNY SPDR S&P Emerging Markets ex-China ETF 1.5 15 44 7.7 -3.4
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 1.5 88 -29 9.4 -1.7
LDEM iShares ESG MSCI EM Leaders ETF 1.5 17 42 13.3 +2.3
STXE Strive Emerging Markets Ex-China ETF 1.5 32 27 7.9 -3.2
SCHC Schwab International Small-Cap Equity ETF 1.3 11 48 6.8 -4.2
DEXC Dimensional Emerging Markets ex China Core EquityETF 1.3 53 6 7.8 -3.3
DFEV Dimensional Emerging Markets Value ETF 1.3 43 16 13.5 +2.4
AVES Avantis Emerging Markets Value ETF 1.3 36 23 11.7 +0.7
FNDC Schwab Fundamental International Small Co. Index ETF 1.3 39 20 5.9 -5.1
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.3 32 27 9.3 -1.7
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 1.2 45 14 10.6 -0.5
SPEM SPDR Portfolio Emerging Markets ETF 1.2 7 52 10.7 -0.4
AVEM Avantis Emerging Markets Equity ETF 1.2 33 26 9.3 -1.8
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.2 49 10 7.0 -4.0
JHEM John Hancock Multifactor Emerging Markets ETF 1.2 49 10 10.5 -0.6
AVSE Avantis Responsible Emerging Markets Equity ETF 1.2 33 26 8.7 -2.4
EVLU iShares MSCI Emerging Markets Value Factor ETF 1.1 35 24 19.4 +8.4
IEMG iShares Core MSCI Emerging Markets ETF 1.1 9 50 10.6 -0.5
EEM iShares MSCI Emerging Markets ETF 1.1 69 -10 10.4 -0.7
EMGF iShares Emerging Markets Equity Factor ETF 1.1 25 34 12.0 +1.0
DFAE Dimensional Emerging Core Equity Market ETF 1.1 35 24 9.5 -1.5
SETM Sprott Energy Transition Materials ETF 1.0 65 -6 3.7 -7.3
BLES Inspire Global Hope ETF 1.0 61 -2 6.9 -4.2
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.0 38 21 9.5 -1.5
DEHP Dimensional Emerging Markets High Profitability ETF 1.0 41 18 6.9 -4.2
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 1.0 30 29 10.4 -0.7
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 1.0 41 18 9.0 -2.1
ODDS Pacer BlueStar Digital Entertainment ETF 0.9 60 -1 2.1 -9.0
EWX SPDR S&P Emerging Markets Small Cap ETF 0.9 65 -6 8.2 -2.8
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.9 33 26 10.1 -0.9
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.9 66 -7 10.0 -1.1
ESGE iShares ESG Aware MSCI EM ETF 0.9 25 34 10.2 -0.9
EEMO Invesco S&P Emerging Markets Momentum ETF 0.9 29 30 6.5 -4.5
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.9 8 51 6.9 -4.2
SPEU SPDR Portfolio Europe ETF 0.9 7 52 7.4 -3.7
NUEM Nuveen ESG Emerging Markets Equity ETF 0.9 36 23 7.9 -3.2
EELV Invesco S&P Emerging Markets Low Volatility ETF 0.9 29 30 8.8 -2.2
VGK Vanguard FTSE Europe ETF 0.8 6 53 7.4 -3.6
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.8 30 29 10.0 -1.1
PICK iShares MSCI Global Metals & Mining Producers ETF 0.8 39 20 14.0 +3.0
IBUY Amplify Online Retail ETF 0.8 65 -6 1.3 -9.8
ION ProShares S&P Global Core Battery Metals ETF 0.8 58 1 11.9 +0.8
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.7 50 9 11.5 +0.4
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.7 24 35 7.6 -3.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.6 39 20 8.2 -2.8
EDIV SPDR S&P Emerging Markets Dividend ETF 0.6 49 10 12.0 +1.0
BBEU JPMorgan BetaBuilders Europe ETF 0.6 9 50 7.2 -3.9
IQSI IQ Candriam International Equity ETF 0.6 15 44 6.6 -4.4
FLEE Franklin FTSE Europe ETF 0.6 9 50 7.4 -3.7
UEVM VictoryShares Emerging Markets Value Momentum ETF 0.5 45 14 10.8 -0.3
FILL iShares MSCI Global Energy Producers ETF 0.5 39 20 12.2 +1.1
DIVI Franklin International Core Dividend Tilt Index ETF 0.5 9 50 8.1 -2.9
EMM Global X Emerging Markets ex-China ETF 0.5 75 -16 6.0 -5.0
JSTC Adasina Social Justice All Cap Global ETF 0.5 89 -30 4.8 -6.2
IPAV Global X Infrastructure Development ex-U.S. ETF 0.5 55 4 7.7 -3.4
VEA Vanguard FTSE Developed Markets ETF 0.4 3 56 7.3 -3.7
FNDF Schwab Fundamental International Large Co. Index ETF 0.4 25 34 9.7 -1.4
GSID Goldman Sachs MarketBeta International Equity ETF 0.4 20 39 7.0 -4.1
IEUS iShares MSCI Europe Small-Cap ETF 0.4 42 17 7.3 -3.8
EMC Global X Emerging Markets Great Consumer ETF 0.4 75 -16 8.8 -2.2
VYMI Vanguard International High Dividend Yield ETF 0.4 17 42 9.9 -1.1
BKIE BNY Mellon International Equity ETF 0.4 4 55 7.0 -4.0
HFXI IQ FTSE International Equity Currency Neutral ETF 0.4 20 39 7.2 -3.8
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.4 42 17 10.0 -1.0
DEW WisdomTree Global High Dividend Fund 0.4 58 1 8.8 -2.2
SCHF Schwab International Equity ETF 0.4 6 53 7.4 -3.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.3 30 29 8.2 -2.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.3 12 47 5.3 -5.8
VSGX Vanguard ESG International Stock ETF 0.3 10 49 7.9 -3.1
IXUS iShares Core MSCI Total International Stock ETF 0.3 7 52 8.0 -3.0
VXUS Vanguard Total International Stock ETF 0.3 5 54 8.1 -3.0
ACWX iShares MSCI ACWI ex U.S. ETF 0.3 34 25 7.9 -3.2
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.3 18 41 7.7 -3.4
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.3 45 14 9.0 -2.1
IPKW Invesco International BuyBack Achievers ETF 0.3 55 4 13.7 +2.6
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.3 41 18 7.8 -3.3
VEU Vanguard FTSE All-World ex-US Index Fund 0.3 4 55 8.2 -2.8
CWI SPDR MSCI ACWI ex-US ETF 0.2 30 29 7.8 -3.3
GGME Invesco Next Gen Media and Gaming ETF 0.2 60 -1 4.2 -6.8
FDEM Fidelity Emerging Markets Multifactor ETF 0.2 25 34 13.0 +1.9
SCZ iShares MSCI EAFE Small-Cap ETF 0.2 40 19 7.0 -4.0
RODE Hartford Multifactor Diversified International ETF 0.2 29 30 12.7 +1.6
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.2 20 39 5.8 -5.2
GLOF iShares Global Equity Factor ETF 0.2 20 39 6.8 -4.3
INTF iShares International Equity Factor ETF 0.1 15 44 7.9 -3.2
VT Vanguard Total World Stock ETF 0.1 6 53 6.0 -5.0
ACWI iShares MSCI ACWI ETF 0.1 32 27 5.7 -5.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 50 5.9 -5.1
ESGG FlexShares STOXX Global ESG Select Index Fund 0.1 42 17 5.5 -5.6
VEGI iShares MSCI Agriculture Producers ETF 0.1 39 20 8.6 -2.4
IMFL Invesco International Developed Dynamic Multifactor ETF 0.1 34 25 5.9 -5.2
IEFA iShares Core MSCI EAFE ETF 0.0 7 52 7.2 -3.9
JPIN J.P. Morgan Diversified Return International Equity ETF 0.0 37 22 8.6 -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

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

SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 13.7 %
Divided by: Fwd. P/BV 1.2 x
Less: Expense ratio 59 bp
Equals: ALTAR Score 11.1 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.66 CATEGORY
AVERAGE		 1.62
 
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.