iShares MSCI All Peru Capped ETF
ALTAR
Score™
8.3% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
10.6x P/Sales
ratio
1.3x
P/BV
ratio
1.0x Div.
yield
4.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares MSCI All Peru Capped Index Fund objective seeks to provide investment results that correspond to the performance of the Peruvian market, as measured by the MSCI All Peru Capped Index.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Barclays Global Fund Advisors
Website www.ishares.com
Inception date Jun 19, 2009
Assets (mns) $83
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 25
Wgt avg mkt cap (mns) $7,278
Large cap (>$10bn) 42.1%
Mid cap ($2-10bn) 21.0%
Small cap (<$2bn) 36.9%
Developed mkts 20.1%
Emerging mkts 79.9%

TOP TEN HOLDINGS
CREDICORP LTD 24.2 %
SOUTHERN COPPER CORP 13.7 %
CIA DE MINAS BUENAVENTUR-ADR 9.3 %
LUZ DEL SUR SAA-COMUN 5.5 %
ALICORP S.A.-COMUN 5.3 %
INTERGROUP FINANCIAL -CMN 4.7 %
BANCO CONTINENTAL -COMUN 3.2 %
SILVER WHEATON CORP 3.1 %
CEMENTOS PACASMAYO SAA-CMN 3.0 %
FERREYROS S.A.-COMUN 3.0 %
Total 74.9 %

TOP COUNTRY EXPOSURE
PERU 70.6 %
UNITED STATES 13.7 %
CANADA 5.9 %
CHILE 4.2 %
BRITAIN 2.9 %






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.
-37.7% -39.7% -2.2% -1.5% 1.3%

Market Correlations
versus... Beta R-squared
S&P500 1.00 45%
MSCI EAFE 1.26 70%
MSCI Emg. Mkts. 1.11 79%

Technical Indicators
Recent close $22.41
30d moving avg. $27.32
Annualized volatility 22.7%
Short interest (ETF) 0.3%
Relative strength (RSI) 29

Liquidity measures
Avg. volume (thou.) 64
Turnover 1.7%
Bid/Ask (% of price) 0.68%
ADV underlying (mns) $304

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the iShares MSCI All Peru Capped ETF ETF based on the alternatives' overlap in portfolio holdings with EPU. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EPU Expense: 59 bp ALTAR Score™: 8.3%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EPU
Ticker Fund
Name
Overlap1
vs EPU
(%)
Expense
ratio
(bp)
Savings
vs EPU
(bp)
ALTAR
Score™
(%)
ALTAR
vs EPU
(%)
PACA Xtrackers MSCI Latin America Pacific Alliance ETF 20.3 45 14 10.4 +2.1
SIL Global X Silver Miners ETF 11.2 65 -6 3.6 -4.7
SLVP iShares MSCI Global Silver Miners ETF 8.1 39 20 2.7 -5.6
COPX Global X Copper Miners ETF 5.8 65 -6 11.2 +2.9
SILJ ETFMG Prime Junior Silver ETF 5.7 69 -10 0.7 -7.6
ILF iShares Latin America 40 ETF 5.7 48 11 9.7 +1.4
GOAU U.S. Global GO GOLD & Precious Metal Miners ETF 4.7 60 -1 4.3 -4.0
ECH iShares MSCI Chile ETF 4.2 59 0 9.6 +1.3
NANR SPDR S&P North American Natural Resources ETF 3.1 35 24 5.4 -2.9
SGDM Sprott Gold Miners ETF 3.1 50 9 3.3 -5.0
GDXJ VanEck Vectors Junior Gold Miners ETF 2.8 53 6 4.6 -3.7
DOGS Arrow Dogs of the World ETF 1.9 134 -75 14.5 +6.2
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.9 70 -11 8.8 +0.6
FVL First Trust Value Line 100 Exchange-Traded Fund 1.8 70 -11 5.5 -2.8
FRDM Freedom 100 Emerging Markets ETF 1.6 49 10 9.4 +1.1
EMFM Global X MSCI Next Emerging & Frontier ETF 1.4 55 4 10.3 +2.0
CZA Invesco Zacks Mid-Cap ETF 1.4 76 -17 9.4 +1.1
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 1.3 40 19 9.1 +0.8
GNR SPDR S&P Global Natural Resources ETF 1.3 40 19 8.7 +0.4
RING iShares MSCI Global Gold Miners ETF 1.2 39 20 4.8 -3.5
FLCA Franklin FTSE Canada ETF 1.2 9 50 9.2 +0.9
EEMV iShares Edge MSCI Min Vol Emerging Markets ETF 1.1 25 34 9.8 +1.5
GDX VanEck Vectors Gold Miners ETF 1.1 52 7 4.1 -4.2
GOEX Global X Gold Explorers ETF 1.1 65 -6 4.8 -3.5
GRES IQ Global Resources ETF 1.1 77 -18 9.0 +0.7
VRAI Virtus Real Asset Income ETF 1.1 55 4 13.5 +5.2
EWC iShares MSCI Canada ETF 1.1 49 10 8.8 +0.5
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 1.1 49 10 10.3 +2.0
BBCA JPMorgan BetaBuilders Canada ETF 1.1 19 40 9.0 +0.7
QCAN SPDR MSCI Canada Quality Mix ETF 1.0 14 45 8.9 +0.6
MXI iShares Global Materials ETF 1.0 46 13 8.4 +0.1
FLLA Franklin FTSE Latin America ETF 1.0 19 40 9.5 +1.2
FCAN First Trust Canada AlphaDex Fund 0.9 80 -21 7.3 -1.0
GUNR Flexshares Morningstar Global Upstream Natural Resources 0.8 46 13 8.0 -0.3
SPEM SPDR Portfolio Emerging Markets ETF 0.7 11 48 10.2 +1.9
FXZ First Trust Materials AlphaDEX Fund 0.7 65 -6 10.3 +2.0
AIIQ AI Powered International Equity ETF 0.6 79 -20 6.4 -1.9
EMXC iShares MSCI Emerging Markets ex China ETF 0.6 49 10 10.4 +2.1
JHMA John Hancock Multifactor Materials ETF 0.6 40 19 9.1 +0.8
JDIV JPMorgan U.S. Dividend ETF 0.5 12 47 10.7 +2.4
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.5 30 29 10.8 +2.5
PICK iShares MSCI Global Metals & Mining Producers ETF 0.5 39 20 10.8 +2.5
ECON Columbia Emerging Markets Consumer ETF 0.4 59 0 5.8 -2.5
EELV Invesco S&P Emerging Markets Low Volatility ETF 0.4 29 30 12.5 +4.2
VIDI Vident International Equity Fund 0.4 59 0 14.9 +6.7
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.4 19 40 8.3 +0.0
RBUS Nationwide Risk-Based U.S. Equity ETF 0.4 30 29 7.2 -1.1
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Id 0.4 32 27 7.6 -0.7
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.3 30 29 10.3 +2.0
EEM iShares MSCI Emerging Markets ETF 0.3 68 -9 10.0 +1.7
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.3 65 -6 10.0 +1.7
AVEM Avantis Emerging Markets Equity ETF 0.3 33 26 11.7 +3.4
IEMG iShares Core MSCI Emerging Markets ETF 0.3 14 45 10.5 +2.2
IMTM iShares Edge MSCI Intl Momentum Factor ETF 0.3 30 29 5.9 -2.4
JKD iShares Morningstar Large-Cap ETF 0.3 20 39 7.4 -0.9
FNDC Schwab Fundamental International Small Co. Index ETF 0.3 39 20 9.4 +1.1
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.3 59 0 13.2 +4.9
ROAM Hartford Multifactor Emerging Markets ETF 0.3 44 15 17.9 +9.6
SGDJ ALPS Sprott Junior Gold Miners ETF 0.2 50 9 4.2 -4.1
BFOR Barron's 400 ETF 0.2 66 -7 9.1 +0.8
SCHC Schwab International Small-Cap Equity ETF 0.2 12 47 9.5 +1.2
FDEV Fidelity Targeted International Factor ETF 0.2 39 20 7.7 -0.6
LOWC SPDR MSCI ACWI Low Carbon Target ETF 0.2 20 39 8.1 -0.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.2 20 39 8.1 -0.2
IGRO iShares International Dividend Growth ETF 0.2 22 37 9.8 +1.5
IXG iShares Global Financials ETF 0.2 46 13 12.5 +4.2
VSS Vanguard FTSE All World (ex-US) Small Cap Index Fund 0.2 11 48 9.2 +0.9
CWI SPDR MSCI ACWI ex-US ETF 0.2 30 29 9.3 +1.0
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.2 45 14 10.3 +2.0
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.2 63 -4 16.3 +8.0
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.2 39 20 6.4 -1.9
EQAL Invesco Russell 1000 Equal Weight ETF 0.2 20 39 7.6 -0.7
FNDA Schwab Fundamental U.S. Small Co. Index ETF 0.2 25 34 9.6 +1.3
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.2 69 -10 10.3 +2.0
VFQY Vanguard U.S. Quality Factor ETF 0.2 13 46 8.5 +0.2
QINT American Century Quality Diversified International ETF 0.2 39 20 7.6 -0.7
IXUS ishares Core MSCI Total International Stock ETF 0.2 9 50 9.5 +1.2
CEZ Victory CEMP Emerging Market Volatility Wtd Index ETF 0.2 50 9 12.6 +4.3
ACWX iShares MSCI ACWI ex U.S. ETF 0.2 32 27 9.4 +1.1
HAP VanEck Vectors Natural Resources ETF 0.2 50 9 8.3 +0.1
ACSG Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF 0.2 16 43 8.7 +0.4
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 0.1 29 30 9.2 +0.9
ACWV iShares Edge MSCI Min Vol Global ETF 0.1 20 39 6.7 -1.6
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.1 40 19 9.0 +0.7
IDLB Invesco FTSE International Low Beta Equal Weight ETF 0.1 45 14 8.8 +0.5
ISEM Invesco Strategic Emerging Markets ETF 0.1 35 24 11.9 +3.6
EWUS iShares MSCI United Kingdom Small Cap ETF 0.1 59 0 11.1 +2.8
VSGX Vanguard ESG International Stock ETF 0.1 17 42 9.1 +0.8
DBAP Xtrackers MSCI Asia Pacific ex Japan Hedged Equity ETF 0.1 10 49 10.8 +2.5
IDEV iShares Core MSCI International Developed Markets ETF 0.1 5 54 9.3 +1.0
VNQI Vanguard Global ex-US Real Estate Index Fund 0.1 12 47 11.8 +3.5
ISZE iShares Edge MSCI Intl Size Factor ETF 0.1 30 29 9.1 +0.8
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 -6 8.7 +0.4
VEA Vanguard FTSE Developed Markets ETF 0.1 5 54 9.5 +1.2
AVDE Avantis International Equity ETF 0.1 23 36 10.2 +1.9
FDL First Trust Morningstar Dividend Leaders Index Fund 0.1 45 14 10.9 +2.6
SCHE Schwab Emerging Markets Equity ETF 0.1 13 46 10.4 +2.1
VXUS Vanguard Total International Stock Index Fund 0.1 8 51 9.6 +1.3
VFVA Vanguard U.S. Value Factor ETF 0.1 13 46 16.5 +8.2
PBEE Invesco PureBeta FTSE Emerging Markets ETF 0.1 14 45 11.5 +3.3

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

  2015 2016 2017 2018 2019 2020E 2021E
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
  2019 2020E 2021E
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 All Peru Capped ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 8.7 %
Divided by: Fwd. P/BV 1.0 x
Less: Expense ratio 59 bp
Equals: ALTAR Score 8.3 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.56 CATEGORY
AVERAGE
1.45
 
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.