iShares ESG Aware MSCI EM ETF
ALTAR
Score™		 7.7% info Recommen-
dation		 NEUTRAL
2024E    2025E
P/E
ratio		 12.1x P/Sales
ratio		 1.2x
P/BV
ratio		 1.5x Div.
yield		 2.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
ESGE an index composed of large- and mid-capitalization emerging market equities that have positive environmental, social and governance characteristics.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor BlackRock
Website www.ishares.com
Inception date Jun 28, 2016
Assets (mns) $4,067
Currency USD
Expense ratio 25 bp
Distributions Semi-Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 305
Wgt avg mkt cap (mns) $128,287
Large cap (>$10bn) 76.0%
Mid cap ($2-10bn) 23.9%
Small cap (<$2bn) 0.0%
Developed mkts 6.0%
Emerging mkts 94.1%

TOP TEN HOLDINGS
TAIWAN SEMICONDUCTOR MANUFAC 9.6 %
SAMSUNG ELECTRONICS CO LTD 4.3 %
TENCENT HOLDINGS LTD 3.4 %
ALIBABA GROUP HOLDING LTD. 1.9 %
RELIANCE INDUSTRIES LTD 1.8 %
ICICI BANK LTD 1.3 %
CHINA CONSTRUCTION BANK-H 1.2 %
INFOSYS TECHNOLOGIES LTD 1.2 %
FIRST FINANCIAL HOLDING CO 1.1 %
HYNIX SEMICONDUCTOR INC 1.1 %
Total 26.9 %

TOP COUNTRY EXPOSURE
CHINA 21.7 %
TAIWAN 18.8 %
INDIA 16.8 %
SOUTH KOREA 12.2 %
BRAZIL 4.7 %
SAUDI ARABIA 3.5 %
THAILAND 2.5 %
SOUTH AFRICA 2.5 %
MALAYSIA 2.3 %
HONG KONG 2.2 %

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.
-1.6% 2.9% 0.9% -- 4.5%

Market Correlations
versus... Beta R-squared
S&P500 0.72 46%
MSCI EAFE 0.90 68%
MSCI Emg. Mkts. 1.05 98%

Technical Indicators
Recent close $31.85
30d moving avg. $31.36
Annualized volatility 18.7%
Short interest (ETF) 0.0%
Relative strength (RSI) 62

Liquidity measures
Avg. volume (thou.) 843
Turnover 0.7%
Bid/Ask (% of price) 0.03%
ADV underlying (mns) $19,543

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 437 potential alternatives to the iShares ESG Aware MSCI EM ETF ETF based on the alternatives' overlap in portfolio holdings with ESGE. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: ESGE Expense: 25 bp ALTAR Score™: 7.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH ESGE
Ticker Fund
Name		 Overlap1
vs ESGE
(%)		 Expense
ratio
(bp)		 Savings
vs ESGE
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs ESGE
(%)
EEM iShares MSCI Emerging Markets ETF 55.0 69 -44 7.0 -0.7
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 54.9 30 -5 7.5 -0.2
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 54.8 20 5 7.5 -0.2
EEMA iShares MSCI Emerging Markets Asia ETF 53.6 49 -24 6.7 -1.0
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 53.3 66 -41 7.2 -0.5
LDEM iShares ESG MSCI EM Leaders ETF 53.1 17 8 7.7 +0.1
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 51.8 15 10 7.1 -0.6
AAXJ iShares MSCI All Country Asia ex Japan ETF 51.7 70 -45 6.3 -1.4
EMXF iShares ESG Advanced MSCI EM ETF 50.7 16 9 7.4 -0.2
BKEM BNY Mellon Emerging Markets Equity ETF 50.7 11 14 7.7 +0.0
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 49.7 36 -11 7.5 -0.2
EMXC iShares MSCI Emerging Markets ex China ETF 49.0 25 0 6.7 -1.0
FLAX Franklin FTSE Asia Ex Japan ETF 48.2 19 6 7.2 -0.5
IEMG iShares Core MSCI Emerging Markets ETF 47.8 9 16 7.5 -0.2
JHEM John Hancock Multifactor Emerging Markets ETF 47.7 49 -24 8.3 +0.7
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 46.7 45 -20 8.6 +0.9
EMGF iShares Emerging Markets Equity Factor ETF 44.9 25 0 8.7 +1.0
STXE Strive Emerging Markets Ex-China ETF 44.7 32 -7 6.9 -0.8
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 44.5 32 -7 6.3 -1.4
SCHE Schwab Emerging Markets Equity ETF 44.4 11 14 7.6 -0.1
NUEM Nuveen ESG Emerging Markets Equity ETF 44.2 36 -11 6.8 -0.9
XC WisdomTree Emerging Markets Ex-China Fund 43.8 32 -7 6.2 -1.5
DFAE Dimensional Emerging Core Equity Market ETF 43.1 35 -10 7.7 +0.0
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 42.5 24 1 7.1 -0.5
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 42.4 33 -8 7.2 -0.5
VWO Vanguard FTSE Emerging Markets ETF 41.9 8 17 7.6 -0.1
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 41.7 18 7 7.9 +0.2
SPEM SPDR Portfolio Emerging Markets ETF 37.4 7 18 7.5 -0.2
PXH Invesco FTSE RAFI Emerging Markets ETF 36.5 49 -24 12.4 +4.7
BKF iShares MSCI BIC ETF 35.3 69 -44 7.1 -0.6
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 35.1 39 -14 12.5 +4.8
DFEM Dimensional Emerging Markets Core Equity 2 ETF 34.9 38 -13 8.2 +0.5
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 34.4 41 -16 7.8 +0.1
XCEM Columbia EM Core ex-China ETF 34.2 16 9 7.4 -0.3
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 33.8 30 -5 8.5 +0.9
DEHP Dimensional Emerging Markets High Profitability ETF 33.8 41 -16 7.3 -0.4
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 33.7 32 -7 7.6 -0.1
AIA iShares Asia 50 ETF 33.3 50 -25 6.9 -0.8
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 32.0 59 -34 9.6 +1.9
EMDM First Trust Bloomberg Emerging Market Democracies ETF 31.7 75 -50 9.6 +1.9
GMF SPDR S&P Emerging Asia Pacific ETF 30.6 49 -24 6.4 -1.3
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 29.8 40 -15 7.1 -0.6
MINV Matthews Asia Innovators Active ETF 26.6 79 -54 2.8 -4.8
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 26.0 95 -70 11.4 +3.7
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 25.7 50 -25 10.5 +2.9
FDEM Fidelity Emerging Markets Multifactor ETF 25.0 25 0 11.9 +4.3
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 25.0 88 -63 6.2 -1.5
DFEV Dimensional Emerging Markets Value ETF 24.6 43 -18 10.9 +3.2
EMMF WisdomTree Emerging Markets Multifactor Fund 24.0 48 -23 9.4 +1.7
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 23.0 25 0 7.0 -0.7
ROAM Hartford Multifactor Emerging Markets ETF 22.8 44 -19 11.7 +4.0
AVEM Avantis Emerging Markets Equity ETF 22.0 33 -8 9.1 +1.4
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 21.6 44 -19 10.3 +2.6
MCHI iShares MSCI China ETF 21.0 59 -34 8.9 +1.2
KALL KraneShares MSCI All China Index ETF 20.4 49 -24 9.4 +1.7
FLCH Franklin FTSE China ETF 19.7 19 6 9.6 +1.9
RNEM First Trust Emerging Markets Equity Select ETF 19.1 75 -50 8.2 +0.6
EWT iShares MSCI Taiwan ETF 18.7 58 -33 5.7 -1.9
MEM Matthews Emerging Markets Equity Active ETF 18.6 79 -54 5.7 -2.0
FLTW Franklin FTSE Taiwan ETF 18.6 19 6 6.0 -1.7
EMC Global X Emerging Markets Great Consumer ETF 18.6 75 -50 4.9 -2.8
GXC SPDR S&P China ETF 18.2 59 -34 9.0 +1.3
CN Xtrackers MSCI All China Equity ETF 17.6 50 -25 8.7 +1.0
EELV Invesco S&P Emerging Markets Low Volatility ETF 17.4 29 -4 8.3 +0.6
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 16.4 60 -35 0.9 -6.7
ACWX iShares MSCI ACWI ex U.S. ETF 16.3 34 -9 6.7 -1.0
INDA iShares MSCI India ETF 15.9 65 -40 3.7 -4.0
ECON Columbia Emerging Markets Consumer ETF 15.6 49 -24 4.8 -2.9
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 15.5 41 -16 6.7 -1.0
FLIN Franklin FTSE India ETF 15.1 19 6 5.2 -2.5
VSGX Vanguard ESG International Stock ETF 15.1 12 13 6.8 -0.8
KNCT Invesco Next Gen Connectivity ETF 15.0 40 -15 5.9 -1.8
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 14.2 42 -17 6.8 -0.9
PIN Invesco India ETF 14.1 78 -53 3.8 -3.9
IXUS iShares Core MSCI Total International Stock ETF 14.1 7 18 6.9 -0.8
DEM WisdomTree Emerging Markets High Dividend Fund 14.0 63 -38 12.9 +5.2
VEU Vanguard FTSE All-World ex-US Index Fund 13.7 8 17 7.2 -0.5
VXUS Vanguard Total International Stock ETF 13.7 7 18 7.1 -0.6
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 13.5 86 -61 1.9 -5.7
FRDM Freedom 100 Emerging Markets ETF 13.5 49 -24 7.3 -0.3
FXI iShares China Large-Cap ETF 12.8 74 -49 9.6 +1.9
AVES Avantis Emerging Markets Value ETF 12.8 36 -11 12.1 +4.4
EPI WisdomTree India Earnings Fund 12.5 85 -60 6.6 -1.1
MCH Matthews China Active ETF 12.3 79 -54 6.1 -1.6
FLKR Franklin FTSE South Korea ETF 12.2 9 16 9.4 +1.7
EWY iShares MSCI South Korea ETF 11.8 58 -33 8.5 +0.8
INDY iShares India 50 ETF 11.4 89 -64 3.7 -4.0
NFTY First Trust India NIFTY 50 Equal Weight ETF 11.4 80 -55 6.1 -1.6
CXSE WisdomTree China ex-State-Owned Enterprises Fund 11.0 32 -7 5.7 -2.0
CWI SPDR MSCI ACWI ex-US ETF 10.9 30 -5 6.8 -0.9
EEMO Invesco S&P Emerging Markets Momentum ETF 10.9 29 -4 6.2 -1.5
JCHI JPMorgan Active China ETF 10.4 65 -40 7.9 +0.3
TCHI iShares MSCI China Multisector Tech ETF 10.1 59 -34 3.0 -4.7
KTEC KraneShares Hang Seng TECH Index ETF 9.7 69 -44 -3.9 -11.6
GGME Invesco Next Gen Media and Gaming ETF 9.6 60 -35 4.1 -3.6
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 9.5 20 5 10.7 +3.0
VYMI Vanguard International High Dividend Yield ETF 9.5 22 3 9.7 +2.0
FDNI First Trust Dow Jones International Internet ETF 9.4 65 -40 2.8 -4.9
KWEB KraneShares CSI China Internet ETF 9.3 69 -44 -0.7 -8.3
WRND IQ Global Equity R&D Leaders ETF 9.2 18 7 7.2 -0.5
CHAT Roundhill Generative AI & Technology ETF 9.2 75 -50 4.2 -3.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 9.1 30 -5 7.8 +0.1
FMET Fidelity Metaverse ETF 9.0 39 -14 4.4 -3.3
MOTI VanEck Morningstar International Moat ETF 8.9 58 -33 6.9 -0.8
ACWV iShares MSCI Global Min Vol Factor ETF 8.8 20 5 6.7 -1.0
IWTR iShares MSCI Water Management Multisector ETF 8.8 47 -22 4.8 -2.9
IQDF FlexShares International Quality Dividend Index Fund 8.7 47 -22 10.7 +3.0
METV Roundhill Ball Metaverse ETF 8.6 59 -34 3.4 -4.3
UEVM VictoryShares Emerging Markets Value Momentum ETF 8.6 45 -20 12.7 +5.0
AIQ Global X Artificial Intelligence & Technology ETF 8.5 68 -43 4.2 -3.5
CGXU Capital Group International Focus Equity ETF 8.4 54 -29 4.1 -3.5
RODE Hartford Multifactor Diversified International ETF 8.3 29 -4 11.5 +3.9
GBUY Goldman Sachs Future Consumer Equity ETF 8.1 75 -50 3.1 -4.6
IXN iShares Global Tech ETF 8.1 41 -16 4.3 -3.4
CHIQ Global X MSCI China Consumer Discretionary ETF 7.8 65 -40 5.3 -2.3
VPL Vanguard FTSE Pacific ETF 7.8 8 17 7.0 -0.7
DSTX Distillate International Fundamental Stability & Value ETF 7.5 55 -30 8.0 +0.4
IQDY FlexShares International Quality Dividend Dynamic Index Fund 7.4 47 -22 10.3 +2.6
FEM First Trust Emerging Markets AlphaDEX Fund 7.3 80 -55 16.3 +8.6
FLLA Franklin FTSE Latin America ETF 7.2 19 6 11.7 +4.0
EMM Global X Emerging Markets ex-China ETF 7.1 75 -50 3.7 -4.0
NXTG First Trust Indxx NextG ETF 6.9 70 -45 6.0 -1.7
UMMA Wahed Dow Jones Islamic World ETF 6.7 65 -40 4.3 -3.4
EDIV SPDR S&P Emerging Markets Dividend ETF 6.5 49 -24 10.9 +3.2
IQDE FlexShares International Quality Dividend Defensive Index ET 6.5 47 -22 10.7 +3.0
CGRO CoreValues Alpha Greater China Growth ETF 6.3 75 -50 2.6 -5.1
DEW WisdomTree Global High Dividend Fund 6.3 58 -33 9.1 +1.4
LEGR First Trust Indxx Innovative Transaction & Process ETF 6.1 65 -40 8.4 +0.7
ACWI iShares MSCI ACWI ETF 6.0 32 -7 5.5 -2.2
VIDI Vident International Equity Strategy ETF 6.0 61 -36 11.9 +4.2
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 5.9 90 -65 7.0 -0.7
CARZ First Trust NASDAQ Global Auto Index Fund 5.9 70 -45 3.5 -4.2
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 5.8 60 -35 10.0 +2.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 5.8 20 5 5.6 -2.1
CQQQ Invesco China Technology ETF 5.8 70 -45 -5.7 -13.4
JIG JPMorgan International Growth ETF 5.5 55 -30 4.3 -3.4
DINT Davis Select International ETF 5.5 55 -30 4.7 -3.0
DVYE iShares Emerging Markets Dividend ETF 5.4 49 -24 16.6 +8.9
CLNR IQ Cleaner Transport ETF 5.3 45 -20 8.3 +0.6
IXP iShares Global Comm Services ETF 5.3 42 -17 5.3 -2.4
DWLD Davis Select Worldwide ETF 5.1 63 -38 5.6 -2.1
VT Vanguard Total World Stock ETF 4.9 7 18 5.8 -1.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 4.8 12 13 5.1 -2.6
XT iShares Exponential Technologies ETF 4.8 46 -21 3.9 -3.8
IVRS iShares Future Metaverse Tech and Communications ETF 4.7 47 -22 -5.3 -13.0
FLBR Franklin FTSE Brazil ETF 4.7 19 6 12.4 +4.7
EWZ iShares MSCI Brazil ETF 4.7 58 -33 11.9 +4.2
FNDF Schwab Fundamental International Large Co. Index ETF 4.6 25 0 9.1 +1.4
VIGI Vanguard International Dividend Appreciation ETF 4.6 15 10 5.6 -2.1
EMFQ Amplify Emerging Markets FinTech ETF 4.5 69 -44 5.4 -2.3
IGRO iShares International Dividend Growth ETF 4.4 15 10 7.1 -0.6
MOTG VanEck Morningstar Global Wide Moat ETF 4.4 52 -27 5.8 -1.9
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 4.4 80 -55 10.0 +2.3
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 4.4 47 -22 0.7 -7.0
SOCL Global X Social Media ETF 4.4 65 -40 -5.8 -13.4
WWJD Inspire International ETF 4.4 80 -55 7.1 -0.5
INCO Columbia India Consumer ETF 4.3 75 -50 1.6 -6.1
FCA First Trust China AlphaDEX Fund 4.2 80 -55 17.6 +10.0
SDEM Global X MSCI SuperDividend Emerging Markets ETF 4.2 67 -42 17.5 +9.8
INDF Nifty India Financials ETF 4.1 75 -50 6.0 -1.7
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 4.1 86 -61 1.9 -5.8
ASEA Global X FTSE Southeast Asia ETF 4.1 65 -40 6.5 -1.2
RXI iShares Global Consumer Discretionary ETF 4.0 41 -16 5.5 -2.1
ARVR First Trust Indxx Metaverse ETF 4.0 70 -45 2.5 -5.2
GLOF iShares Global Equity Factor ETF 4.0 20 5 7.1 -0.6
CNYA iShares MSCI China A ETF 3.9 60 -35 8.6 +1.0
IMFL Invesco International Developed Dynamic Multifactor ETF 3.9 34 -9 10.6 +3.0
ILF iShares Latin America 40 ETF 3.8 48 -23 10.3 +2.6
SCHY Schwab International Dividend Equity ETF 3.8 14 11 9.3 +1.6
FLN First Trust Latin America AlphaDEX Fund 3.8 80 -55 11.1 +3.4
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 3.8 65 -40 8.9 +1.2
UIVM VictoryShares International Value Momentum ETF 3.8 35 -10 10.7 +3.0
GTEK Goldman Sachs Future Tech Leaders Equity ETF 3.7 75 -50 3.2 -4.5
GVAL Cambria Global Value ETF 3.7 68 -43 12.3 +4.7
SDG iShares MSCI Global Sustainable Development Goals ETF 3.7 49 -24 5.8 -1.9
ANEW ProShares MSCI Transformational Changes ETF 3.6 45 -20 3.3 -4.3
ADIV SmartETFs Asia Pacific Dividend Builder ETF 3.6 78 -53 8.8 +1.2
IWFH iShares Virtual Work and Life Multisector ETF 3.6 47 -22 -3.5 -11.2
FLSA Franklin FTSE Saudi Arabia ETF 3.5 39 -14 5.7 -1.9
KSA iShares MSCI Saudi Arabia ETF 3.5 74 -49 5.6 -2.1
DGT SPDR Global Dow ETF 3.5 50 -25 6.7 -1.0
JPIN J.P. Morgan Diversified Return International Equity ETF 3.5 37 -12 8.7 +1.0
HFXI IQ FTSE International Equity Currency Neutral ETF 3.5 20 5 6.8 -0.9
FILL iShares MSCI Global Energy Producers ETF 3.5 39 -14 9.0 +1.3
ESPO VanEck Video Gaming and eSports ETF 3.4 56 -31 4.5 -3.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 3.4 45 -20 8.5 +0.8
ODDS Pacer BlueStar Digital Entertainment ETF 3.4 60 -35 3.0 -4.7
BLES Inspire Global Hope ETF 3.4 61 -36 6.3 -1.4
JSTC Adasina Social Justice All Cap Global ETF 3.3 89 -64 4.8 -2.9
EEMD AAM S&P Emerging Markets High Dividend Value ETF 3.3 49 -24 19.0 +11.3
ECOW Pacer Emerging Markets Cash Cows 100 ETF 3.3 70 -45 11.4 +3.7
IBUY Amplify Online Retail ETF 3.2 65 -40 1.8 -5.9
NDIA Global X India Active ETF 3.2 75 -50 6.5 -1.2
EDOG ALPS Emerging Sector Dividend Dogs ETF 3.2 60 -35 14.7 +7.0
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 3.2 61 -36 -4.0 -11.7
IXG iShares Global Financials ETF 3.1 42 -17 6.8 -0.8
FBZ First Trust Brazil AlphaDEX Fund 3.1 80 -55 11.9 +4.2
OGIG ALPS O'Shares Global Internet Giants ETF 3.1 48 -23 0.5 -7.2
TTAI FCF International Quality ETF 3.0 59 -34 7.4 -0.3
SCHF Schwab International Equity ETF 3.0 6 19 7.0 -0.7
RAYC Rayliant Quantamental China Equity ETF 3.0 80 -55 8.7 +1.0
INQQ India Internet & Ecommerce ETF 2.9 86 -61 10.8 +3.1
WTAI WisdomTree Artificial Intelligence and Innovation Fund 2.9 45 -20 1.4 -6.3
MRAD SmartETFs Advertising & Marketing Technology ETF 2.8 68 -43 4.2 -3.5
VEA Vanguard FTSE Developed Markets ETF 2.8 5 20 7.0 -0.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 2.8 9 16 5.7 -2.0
KOIN Capital Link Global Fintech Leaders ETF 2.7 75 -50 4.6 -3.1
GLIN VanEck India Growth Leaders ETF 2.6 77 -52 5.3 -2.4
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 2.6 72 -47 2.2 -5.5
THD iShares MSCI Thailand ETF 2.5 58 -33 5.8 -1.9
EZA iShares MSCI South Africa ETF 2.5 58 -33 11.4 +3.7
DGIN VanEck Digital India ETF 2.4 71 -46 1.6 -6.1
ISHP First Trust Nasdaq Retail ETF 2.4 60 -35 3.2 -4.5
QINT American Century Quality Diversified International ETF 2.3 39 -14 7.4 -0.3
EWM iShares MSCI Malaysia ETF 2.3 50 -25 5.7 -2.0
WUGI AXS Esoterica NextG Economy ETF 2.3 75 -50 2.1 -5.5
KGRN KraneShares MSCI China Clean Technology Index ETF 2.3 79 -54 6.5 -1.2
IOO iShares Global 100 ETF 2.2 41 -16 4.8 -2.9
KURE KraneShares MSCI All China Health Care Index ETF 2.2 65 -40 3.6 -4.1
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 2.2 68 -43 8.8 +1.1
SATO Invesco Alerian Galaxy Crypto Economy ETF 2.2 61 -36 -13.0 -20.7
CGGO Capital Group Global Growth Equity ETF 2.2 47 -22 4.3 -3.4
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 2.1 65 -40 1.6 -6.1
AFK VanEck Africa Index ETF 2.1 98 -73 10.0 +2.4
MVPS Amplify Thematic All-Stars ETF 2.0 49 -24 1.7 -6.0
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 2.0 45 -20 6.2 -1.4
TPIF Timothy Plan International ETF 2.0 62 -37 6.7 -1.0
AFTY Pacer CSOP FTSE China A50 ETF 2.0 70 -45 9.2 +1.6
FLMX Franklin FTSE Mexico ETF 2.0 19 6 10.8 +3.1
EWW iShares MSCI Mexico ETF 2.0 50 -25 9.7 +2.0
OND ProShares On-Demand ETF 1.9 58 -33 -2.5 -10.1
PICK iShares MSCI Global Metals & Mining Producers ETF 1.9 39 -14 11.0 +3.3
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.9 56 -31 13.9 +6.2
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.9 80 -55 10.8 +3.1
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 1.9 55 -30 8.4 +0.8
EYLD Cambria Emerging Shareholder Yield ETF 1.8 66 -41 12.1 +4.4
FDRV Fidelity Electric Vehicles and Future Transportation ETF 1.8 39 -14 -3.5 -11.2
BNE Blue Horizon BNE ETF 1.8 87 -62 5.0 -2.7
OBOR KraneShares MSCI One Belt One Road Index ETF 1.8 79 -54 10.3 +2.6
BATT Amplify Lithium & Battery Technology ETF 1.7 59 -34 2.9 -4.8
BUYZ Franklin Disruptive Commerce ETF 1.7 50 -25 2.1 -5.6
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.7 46 -21 8.8 +1.1
BTEK Future Tech ETF 1.7 88 -63 2.1 -5.6
KOCG FIS Knights of Columbus Global Belief ETF 1.6 75 -50 5.3 -2.4
EV Mast Global Battery Recycling & Production ETF 1.5 65 -40 12.8 +5.1
IDV iShares International Select Dividend ETF 1.5 51 -26 12.3 +4.6
EIDO iShares MSCI Indonesia ETF 1.5 59 -34 7.6 -0.1
IGPT Invesco AI and Next Gen Software ETF 1.5 60 -35 3.8 -3.9
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 1.4 51 -26 6.8 -0.9
CIL VictoryShares International Volatility Wtd ETF 1.4 45 -20 6.9 -0.8
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 1.4 58 -33 10.1 +2.4
IDRV iShares Self-driving EV & Tech ETF 1.4 47 -22 -0.5 -8.2
BWEB Bitwise Web3 ETF 1.4 85 -60 0.9 -6.8
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.4 24 1 8.6 +0.9
ETEC iShares Breakthrough Environmental Solutions ETF 1.4 47 -22 5.3 -2.4
IDX VanEck Indonesia Index ETF 1.4 57 -32 7.9 +0.2
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.4 45 -20 4.9 -2.8
SPDW SPDR Portfolio Developed World ex-US ETF 1.4 3 22 6.9 -0.8
GINN Goldman Sachs Innovate Equity ETF 1.3 52 -27 2.7 -5.0
CGUS Capital Group Core Equity ETF 1.3 33 -8 4.7 -3.0
UAE iShares MSCI UAE ETF 1.3 59 -34 9.0 +1.3
SMOG VanEck Low Carbon Energy ETF 1.2 61 -36 3.0 -4.7
KXI iShares Global Consumer Staples ETF 1.2 41 -16 5.6 -2.1
LIT Global X Lithium & Battery Tech ETF 1.2 75 -50 10.2 +2.5
LOUP Innovator Deepwater Frontier Tech ETF 1.1 70 -45 2.3 -5.4
SDIV Global X Superdividend ETF 1.1 58 -33 17.6 +9.9
MOTO SmartETFs Smart Transportation & Technology ETF 1.1 68 -43 6.6 -1.1
EBIZ Global X E-Commerce ETF 1.0 50 -25 1.2 -6.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.0 49 -24 6.7 -1.0
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 1.0 75 -50 5.2 -2.5
KBUY KraneShares CICC China Consumer Leaders Index ETF 1.0 69 -44 0.0 -7.7
FNDC Schwab Fundamental International Small Co. Index ETF 0.9 39 -14 6.9 -0.8
TUR iShares MSCI Turkey ETF 0.9 58 -33 18.6 +10.9
GSFP Goldman Sachs Future Planet Equity ETF 0.8 75 -50 4.5 -3.1
EPOL iShares MSCI Poland ETF 0.8 59 -34 10.5 +2.8
GREK Global X MSCI Greece ETF 0.8 57 -32 -1.6 -9.3
ERTH Invesco MSCI Sustainable Future ETF 0.8 62 -37 3.7 -4.0
ONLN ProShares Online Retail ETF 0.8 58 -33 3.1 -4.6
FPXI First Trust International Equity Opportunities ETF 0.8 70 -45 3.6 -4.1
XNTK SPDR NYSE Technology ETF 0.8 35 -10 4.0 -3.7
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 0.8 58 -33 4.8 -2.9
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 0.8 57 -32 3.8 -3.9
KPOP KPOP and Korean Entertainment ETF 0.8 75 -50 -9.1 -16.7
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.8 35 -10 4.8 -2.9
PBD Invesco Global Clean Energy ETF 0.8 75 -50 -3.9 -11.6
ICLN iShares Global Clean Energy ETF 0.8 41 -16 4.3 -3.4
GXG Global X MSCI Colombia ETF 0.8 62 -37 15.2 +7.6
PGJ Invesco Golden Dragon China ETF 0.8 70 -45 4.9 -2.8
TRFM AAM Transformers ETF 0.8 49 -24 1.2 -6.4
NTZG Nuveen Global Net Zero Transition ETF 0.7 56 -31 4.9 -2.8
QTUM Defiance Quantum ETF 0.7 40 -15 3.9 -3.8
APIE ActivePassive International Equity ETF 0.7 45 -20 7.7 +0.1
FLHK Franklin FTSE Hong Kong ETF 0.7 9 16 7.4 -0.3
MXI iShares Global Materials ETF 0.7 41 -16 6.6 -1.0
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.7 80 -55 14.2 +6.5
CRAK VanEck Oil Refiners ETF 0.7 61 -36 13.1 +5.4
BRAZ Global X Brazil Active ETF 0.7 75 -50 10.3 +2.6
FM iShares Frontier and Select EM ETF 0.7 80 -55 9.5 +1.8
DWX SPDR S&P International Dividend ETF 0.7 45 -20 7.1 -0.6
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.7 12 13 8.7 +1.0
LUXX Roundhill S&P Global Luxury ETF 0.6 45 -20 2.7 -5.0
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.6 58 -33 4.6 -3.1
VEGI iShares MSCI Agriculture Producers ETF 0.6 39 -14 9.2 +1.5
CGV Conductor Global Equity Value ETF 0.6 130 -105 11.3 +3.7
RING iShares MSCI Global Gold Miners ETF 0.6 39 -14 5.7 -1.9
SNSR Global X Internet of Things ETF 0.6 68 -43 4.3 -3.4
IDAT iShares Future Cloud 5G and Tech ETF 0.6 47 -22 4.5 -3.2
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.6 47 -22 5.9 -1.8
QQQ Invesco QQQ Trust Series I 0.6 20 5 4.6 -3.0
QQQM Invesco NASDAQ 100 ETF 0.6 15 10 4.7 -3.0
BECO BlackRock Future Climate and Sustainable Economy ETF 0.6 70 -45 13.7 +6.0
BLLD JPMorgan Sustainable Infrastructure ETF 0.6 49 -24 6.2 -1.5
AGQI First Trust Active Global Quality Income ETF 0.6 85 -60 5.8 -1.9
FTAG First Trust Indxx Global Agriculture ETF 0.5 70 -45 9.1 +1.5
QAT iShares MSCI Qatar ETF 0.5 59 -34 9.3 +1.6
DRIV Global X Autonomous & Electric Vehicles ETF 0.5 68 -43 3.4 -4.3
OCEN IQ Clean Oceans ETF 0.5 45 -20 5.3 -2.4
ROBO ROBO Global Robotics & Automation Index ETF 0.5 95 -70 2.8 -4.8
JRNY ALPS Global Travel Beneficiaries ETF 0.5 65 -40 0.0 -7.7
ECH iShares MSCI Chile ETF 0.5 58 -33 10.7 +3.1
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.5 10 15 8.2 +0.5
WDIV SPDR S&P Global Dividend ETF 0.4 40 -15 10.2 +2.6
DFNL Davis Select Financial ETF 0.4 63 -38 6.8 -0.8
FID First Trust S&P International Dividend Aristocrats ETF 0.4 60 -35 9.8 +2.2
FPAG FPA Global Equity ETF 0.4 49 -24 5.7 -2.0
TMFG Motley Fool Global Opportunities ETF 0.4 85 -60 3.3 -4.4
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.4 79 -54 5.1 -2.5
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.4 46 -21 5.6 -2.1
TEMP JPMorgan Climate Change Solutions ETF 0.4 49 -24 4.7 -3.0
AWAY ETFMG Travel Tech ETF 0.4 76 -51 -4.1 -11.8
JETS U.S. Global Jets ETF 0.4 60 -35 -15.6 -23.3
FEP First Trust Europe AlphaDEX Fund 0.4 80 -55 8.6 +1.0
FEUZ First Trust Eurozone AlphaDEX ETF 0.4 80 -55 8.3 +0.6
EMIF iShares Emerging Markets Infrastructure ETF 0.4 60 -35 4.6 -3.1
MOO VanEck Agribusiness ETF 0.4 53 -28 9.4 +1.7
CID VictoryShares International High Div Volatility Wtd ETF 0.4 45 -20 9.5 +1.8
IQSI IQ Candriam International Equity ETF 0.4 15 10 6.4 -1.3
SHLD Global X Defense Tech ETF 0.3 50 -25 4.8 -2.8
KFVG KraneShares CICC China 5G & Semiconductor Index ETF 0.3 65 -40 5.0 -2.7
QQMG Invesco ESG NASDAQ 100 ETF 0.3 20 5 4.7 -3.0
ION ProShares S&P Global Core Battery Metals ETF 0.3 58 -33 11.6 +3.9
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.3 85 -60 8.1 +0.4
GLIF AGF Global Infrastructure ETF 0.3 45 -20 5.5 -2.2
RNRG Global X Renewable Energy Producers ETF 0.3 66 -41 4.9 -2.8
RFDI First Trust Riverfront Dynamic Developed International ETF 0.3 83 -58 9.0 +1.3
RFEU First Trust Riverfront Dynamic Europe ETF 0.3 83 -58 8.7 +1.1
BJK VanEck Gaming ETF 0.3 65 -40 1.8 -5.9
BETZ Roundhill Sports Betting & iGaming ETF 0.3 75 -50 1.9 -5.8
ONEQ Fidelity Nasdaq Composite Index ETF 0.3 21 4 3.9 -3.8
GSID Goldman Sachs MarketBeta International Equity ETF 0.3 20 5 6.7 -1.0
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.3 65 -40 12.8 +5.1
IDHQ Invesco S&P International Developed High Quality ETF 0.3 29 -4 5.8 -1.9
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.3 19 6 5.8 -1.8
BKIE BNY Mellon International Equity ETF 0.3 4 21 6.9 -0.8
FBCG Fidelity Blue Chip Growth ETF 0.3 59 -34 2.6 -5.1
EPU iShares MSCI Peru and Global Exposure ETF 0.3 59 -34 5.5 -2.2
USVT US Value ETF 0.3 49 -24 11.3 +3.6
CZA Invesco Zacks Mid-Cap ETF 0.3 72 -47 6.3 -1.3
OSEA Harbor International Compounders ETF 0.3 55 -30 3.7 -4.0
ERUS iShares MSCI Russia ETF 0.3 8 17 11.3 +3.6
LNGG Roundhill Alerian LNG ETF 0.3 65 -40 8.5 +0.9
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.3 7 18 6.5 -1.2
AADR AdvisorShares Dorsey Wright ADR ETF 0.2 110 -85 5.4 -2.3
BPAY BlackRock Future Financial and Technology ETF 0.2 70 -45 8.3 +0.6
CTEC Global X CleanTech ETF 0.2 50 -25 1.0 -6.7
PNQI Invesco NASDAQ Internet ETF 0.2 60 -35 2.6 -5.1
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.2 80 -55 11.0 +3.3
SPEU SPDR Portfolio Europe ETF 0.2 7 18 6.6 -1.1
IPOS Renaissance International IPO ETF 0.2 80 -55 -168.9 -176.6
BBEU JPMorgan BetaBuilders Europe ETF 0.2 9 16 6.7 -1.0
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.2 80 -55 5.6 -2.0
IBRN iShares Neuroscience and Healthcare ETF 0.2 47 -22 -5.0 -12.6
SUPL ProShares Supply Chain Logistics ETF 0.2 58 -33 13.1 +5.4
RAYS Global X Solar ETF 0.2 51 -26 4.7 -3.0
VGK Vanguard FTSE Europe ETF 0.2 11 14 6.8 -0.9
FLEE Franklin FTSE Europe ETF 0.2 9 16 6.8 -0.9
GOEX Global X Gold Explorers ETF 0.2 65 -40 4.9 -2.8
EXI iShares Global Industrials ETF 0.2 42 -17 4.7 -3.0
IPKW Invesco International BuyBack Achievers ETF 0.2 55 -30 9.1 +1.4
IQRA IQ CBRE Real Assets ETF 0.2 65 -40 5.9 -1.8
AGNG Global X Aging Population ETF 0.2 50 -25 4.1 -3.6
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -50 4.7 -3.0
COPX Global X Copper Miners ETF 0.1 65 -40 6.9 -0.8
SETM Sprott Energy Transition Materials ETF 0.1 65 -40 5.3 -2.4
FTRI First Trust Indxx Global Natural Resources Income ETF 0.1 70 -45 10.6 +2.9
GMET VanEck Green Metals ETF 0.1 63 -38 9.8 +2.1
DIVI Franklin International Core Dividend Tilt Index ETF 0.1 9 16 8.0 +0.3
URA Global X Uranium ETF 0.1 69 -44 3.9 -3.8
JXI iShares Global Utilities ETF 0.1 43 -18 6.7 -1.0
VCLN Virtus Duff & Phelps Clean Energy ETF 0.1 59 -34 3.5 -4.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.1 39 -14 7.3 -0.4
FDD First Trust Stoxx European Select Dividend Index Fund 0.1 58 -33 12.9 +5.2
SCHC Schwab International Small-Cap Equity ETF 0.1 11 14 6.4 -1.3
FCLD Fidelity Cloud Computing ETF 0.1 39 -14 2.4 -5.3
IDOG ALPS International Sector Dividend Dogs ETF 0.1 50 -25 11.6 +3.9
SFYF SoFi Social 50 ETF 0.1 29 -4 -2.6 -10.3
CCSO Carbon Collective Climate Solutions US Equity ETF 0.1 35 -10 2.3 -5.4
PBW Invesco WilderHill Clean Energy ETF 0.1 66 -41 -19.8 -27.5
HAIL SPDR S&P Kensho Smart Mobility ETF 0.1 45 -20 -2.0 -9.7
FDHT Fidelity Digital Health ETF 0.1 39 -14 -2.4 -10.1
EDOC Global X Telemedicine & Digital Health ETF Registered 0.1 68 -43 -5.5 -13.2
KOMP SPDR S&P Kensho New Economies Composite ETF 0.1 20 5 2.1 -5.6
GII SPDR S&P Global Infrastructure ETF 0.1 40 -15 5.0 -2.7
IGF iShares Global Infrastructure ETF 0.1 41 -16 5.0 -2.7
GCOW Pacer Global Cash Cows Dividend ETF 0.1 60 -35 13.6 +5.9
LUX Tema Luxury ETF 0.1 75 -50 3.3 -4.4
IXC iShares Global Energy ETF 0.1 44 -19 8.2 +0.5
DTCR Global X Data Center & Digital Infrastructure ETF 0.1 50 -25 2.7 -5.0
SRVR Pacer Data & Infrastructure Real Estate ETF 0.1 55 -30 2.9 -4.8
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.1 39 -14 7.6 -0.1
TAN Invesco Solar ETF 0.1 67 -42 6.2 -1.5
HERO Global X Video Games & Esports ETF 0.1 50 -25 5.1 -2.6
NERD Roundhill Video Games ETF 0.1 50 -25 8.0 +0.3
TINT ProShares Smart Materials ETF 0.1 58 -33 5.6 -2.0
VYM Vanguard High Dividend Yield Index ETF 0.1 6 19 7.3 -0.3
IHAK iShares Cybersecurity & Tech ETF 0.1 47 -22 3.2 -4.5
DIHP Dimensional International High Profitability ETF 0.1 29 -4 6.9 -0.8
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.1 9 16 5.0 -2.7
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 15 5.4 -2.3
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 0 7.1 -0.6
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 -14 7.3 -0.4
DFAI Dimensional International Core Equity Market ETF 0.0 18 7 6.9 -0.8
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 0 7.1 -0.6
BKLC BNY Mellon US Large Cap Core Equity ETF 0.0 0 25 5.3 -2.4
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.0 7 18 5.2 -2.5
JHMD John Hancock Multifactor Developed International ETF 0.0 39 -14 7.4 -0.3
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 -17 5.1 -2.6
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 14 5.2 -2.5
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 16 5.1 -2.6
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.0 35 -10 6.4 -1.3
RVRB Reverb ETF 0.0 30 -5 5.0 -2.7
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 1 6.2 -1.5
NANC Unusual Whales Subversive Democratic Trading ETF 0.0 75 -50 3.8 -3.9
DFIC Dimensional International Core Equity 2 ETF 0.0 23 2 7.4 -0.3
KRUZ Unusual Whales Subversive Republican Trading ETF 0.0 75 -50 4.9 -2.8
HAP VanEck Natural Resources ETF 0.0 50 -25 9.5 +1.8
GNR SPDR S&P Global Natural Resources ETF 0.0 40 -15 9.2 +1.5

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%.

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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 ESG Aware MSCI EM 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 11.6 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 25 bp
Equals: ALTAR Score 7.7 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.39 CATEGORY
AVERAGE		 1.39
 
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.