iShares MSCI Australia ETF
ALTAR
Score™		 4.9% info Recommen-
dation		 AVOID
2024E    2025E
P/E
ratio		 18.0x P/Sales
ratio		 2.8x
P/BV
ratio		 2.4x Div.
yield		 3.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares MSCI Australia Index fund seeks investment results that correspond to the price and yield performance of the MSCI Australia Index. The index consists primarily of large cap stocks traded in the Australian market.

FUND BASICS
Category International Equities
Fund Sponsor Barclays Global Investors
Website www.ishares.com
Inception date Mar 12, 1996
Assets (mns) $1,465
Currency USD
Expense ratio 50 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 57
Wgt avg mkt cap (mns) $72,117
Large cap (>$10bn) 90.2%
Mid cap ($2-10bn) 9.8%
Small cap (<$2bn) 0.0%
Developed mkts 98.7%
Emerging mkts 0.0%

TOP TEN HOLDINGS
COMMONWEALTH BANK OF AUSTRAL 13.2 %
BHP BILLITON LTD 10.3 %
CSL LIMITED 6.8 %
NATIONAL AUSTRALIA BANK LTD 6.2 %
WESTPAC BANKING CORP 5.8 %
AUST AND NZ BANKING GROUP 5.0 %
MACQUARIE GROUP LTD 4.2 %
WESFARMERS LIMITED 4.0 %
GOODMAN GROUP 3.3 %
WOODSIDE ENERGY GROUP LTD 2.3 %
Total 61.1 %

TOP COUNTRY EXPOSURE
AUSTRALIA 95.7 %
NEW ZEALAND 1.3 %
IRELAND 1.2 %








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.
3.0% 23.3% 6.0% 4.2% 7.2%

Market Correlations
versus... Beta R-squared
S&P500 1.10 68%
MSCI EAFE 1.18 81%
MSCI Emg. Mkts. 1.02 59%

Technical Indicators
Recent close $25.98
30d moving avg. $26.37
Annualized volatility 23.2%
Short interest (ETF) 7.0%
Relative strength (RSI) 45

Liquidity measures
Avg. volume (thou.) 1,255
Turnover 2.2%
Bid/Ask (% of price) 0.05%
ADV underlying (mns) $2,577

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 270 potential alternatives to the iShares MSCI Australia ETF ETF based on the alternatives' overlap in portfolio holdings with EWA. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EWA Expense: 50 bp ALTAR Score™: 4.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EWA
Ticker Fund
Name		 Overlap1
vs EWA
(%)		 Expense
ratio
(bp)		 Savings
vs EWA
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EWA
(%)
FLAU Franklin FTSE Australia ETF 86.6 9 41 5.4 +0.6
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 67.5 19 31 5.4 +0.5
EPP iShares MSCI Pacific ex-Japan ETF 67.0 47 3 4.9 +0.1
DVYA iShares Asia/Pacific Dividend ETF 22.6 49 1 9.0 +4.1
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 19.7 80 -30 7.6 +2.7
IPAC iShares Core MSCI Pacific ETF 18.2 9 41 7.2 +2.4
PICK iShares MSCI Global Metals & Mining Producers ETF 16.0 39 11 12.8 +8.0
VPL Vanguard FTSE Pacific ETF 15.8 8 42 7.7 +2.9
SCHY Schwab International Dividend Equity ETF 12.0 14 36 9.3 +4.5
CEFA Global X S&P Catholic Values Developed ex-US ETF 10.6 35 15 6.6 +1.8
IDLV Invesco S&P International Developed Low Volatility ETF 10.4 25 25 6.2 +1.4
FICS First Trust International Developed Capital Strength ETF 10.1 70 -20 5.3 +0.4
MXI iShares Global Materials ETF 9.9 41 9 7.0 +2.1
IDMO Invesco S&P International Developed Momentum ETF 9.8 25 25 5.9 +1.0
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 9.2 9 41 9.9 +5.0
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 9.0 65 -15 4.3 -0.5
ICOP iShares Copper and Metals Mining ETF 8.9 47 3 10.1 +5.3
DIVI Franklin International Core Dividend Tilt Index ETF 8.8 9 41 8.1 +3.3
IQSI IQ Candriam International Equity ETF 8.5 15 35 6.6 +1.8
EFG iShares MSCI EAFE Growth ETF 8.4 36 14 4.5 -0.3
BATT Amplify Lithium & Battery Technology ETF 8.3 59 -9 -0.1 -5.0
RODM Hartford Multifactor Developed Markets (ex-US) ETF 8.1 29 21 8.6 +3.7
GNR SPDR S&P Global Natural Resources ETF 8.1 40 10 9.7 +4.8
ESGD iShares ESG Aware MSCI EAFE ETF 7.9 20 30 6.9 +2.1
EFA iShares MSCI EAFE ETF 7.8 35 15 6.9 +2.1
TTAI FCF International Quality ETF 7.7 59 -9 5.6 +0.8
JPIN J.P. Morgan Diversified Return International Equity ETF 7.5 37 13 8.9 +4.0
CID VictoryShares International High Div Volatility Wtd ETF 7.4 45 5 11.9 +7.1
JIRE JPMorgan International Research Enhanced Equity ETF 7.3 24 26 7.1 +2.3
NUDM Nuveen ESG International Developed Markets Equity ETF 7.3 31 19 6.7 +1.8
EFV iShares MSCI EAFE Value ETF 7.3 34 16 9.4 +4.6
GSID Goldman Sachs MarketBeta International Equity ETF 7.2 20 30 7.0 +2.1
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 7.2 46 4 9.3 +4.5
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 7.2 10 40 7.7 +2.8
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 7.1 12 38 5.9 +1.0
DIM WisdomTree International MidCap Dividend Fund 7.1 58 -8 7.7 +2.9
DWMF WisdomTree International Multifactor Fund 7.1 38 12 7.4 +2.6
VYMI Vanguard International High Dividend Yield ETF 7.1 22 28 9.8 +5.0
FIDI Fidelity International High Dividend ETF 7.0 18 32 10.9 +6.1
TPIF Timothy Plan International ETF 7.0 62 -12 6.8 +1.9
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 7.0 36 14 6.6 +1.7
JHMD John Hancock Multifactor Developed International ETF 6.9 39 11 7.8 +2.9
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 6.9 20 30 6.5 +1.7
DTH WisdomTree International High Dividend Fund 6.8 58 -8 10.1 +5.3
IDOG ALPS International Sector Dividend Dogs ETF 6.8 50 0 12.8 +8.0
IMFL Invesco International Developed Dynamic Multifactor ETF 6.8 34 16 5.9 +1.0
HFXI IQ FTSE International Equity Currency Neutral ETF 6.8 20 30 7.1 +2.2
IEFA iShares Core MSCI EAFE ETF 6.7 7 43 7.1 +2.3
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 6.7 24 26 8.7 +3.8
STXI Strive International Developed Markets ETF 6.5 29 21 6.9 +2.0
IFGL iShares International Developed Real Estate ETF 6.5 48 2 6.9 +2.1
VGSR Vert Global Sustainable Real Estate ETF 6.5 47 3 5.6 +0.8
VNQI Vanguard Global ex-U.S. Real Estate ETF 6.5 12 38 8.3 +3.4
BKIE BNY Mellon International Equity ETF 6.4 4 46 7.1 +2.2
IQDE FlexShares International Quality Dividend Defensive Index ET 6.3 47 3 14.8 +10.0
CIL VictoryShares International Volatility Wtd ETF 6.3 45 5 7.0 +2.1
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 6.3 51 -1 7.1 +2.3
WWJD Inspire International ETF 6.2 80 -30 7.3 +2.4
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 6.2 14 36 6.2 +1.3
SCHF Schwab International Equity ETF 6.1 6 44 7.5 +2.6
IQDF FlexShares International Quality Dividend Index Fund 6.0 47 3 12.9 +8.0
IQLT iShares MSCI Intl Quality Factor ETF 6.0 30 20 6.2 +1.4
IQDG WisdomTree International Quality Dividend Growth Fund 6.0 42 8 6.8 +1.9
IDEV iShares Core MSCI International Developed Markets ETF 5.9 4 46 7.1 +2.3
IMTM iShares MSCI Intl Momentum Factor ETF 5.9 30 20 6.3 +1.5
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 5.9 58 -8 6.4 +1.5
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 5.8 20 30 6.9 +2.1
EV Mast Global Battery Recycling & Production ETF 5.8 65 -15 12.2 +7.4
DFIV Dimensional International Value ETF 5.8 27 23 10.0 +5.1
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 5.8 80 -30 5.6 +0.7
IQDY FlexShares International Quality Dividend Dynamic Index Fund 5.7 47 3 9.4 +4.5
VEA Vanguard FTSE Developed Markets ETF 5.7 5 45 7.3 +2.5
FENI Fidelity Enhanced International ETF 5.7 28 22 8.1 +3.2
SPDW SPDR Portfolio Developed World ex-US ETF 5.6 3 47 7.2 +2.3
QEFA SPDR MSCI EAFE StrategicFactors ETF 5.5 30 20 7.3 +2.4
GSIE Goldman Sachs ActiveBeta International Equity ETF 5.5 25 25 7.2 +2.4
REET iShares Global REIT ETF 5.4 14 36 6.2 +1.4
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 5.4 40 10 7.9 +3.1
DWM WisdomTree International Equity Fund 5.4 48 2 8.0 +3.1
RFDI First Trust Riverfront Dynamic Developed International ETF 5.3 83 -33 10.0 +5.1
INTF iShares International Equity Factor ETF 5.2 15 35 8.2 +3.3
DOL WisdomTree International LargeCap Dividend Fund 5.2 48 2 7.9 +3.1
DFAI Dimensional International Core Equity Market ETF 5.2 18 32 7.3 +2.4
AVRE Avantis Real Estate ETF 5.2 17 33 5.9 +1.0
IDV iShares International Select Dividend ETF 5.1 51 -1 12.2 +7.4
DMXF iShares ESG Advanced MSCI EAFE ETF 5.1 12 38 5.5 +0.7
DIHP Dimensional International High Profitability ETF 5.0 29 21 7.6 +2.8
RODE Hartford Multifactor Diversified International ETF 5.0 29 21 11.8 +6.9
FIVA Fidelity International Value Factor ETF 5.0 18 32 10.2 +5.4
CWI SPDR MSCI ACWI ex-US ETF 4.9 30 20 6.9 +2.1
ACWX iShares MSCI ACWI ex U.S. ETF 4.8 34 16 7.0 +2.1
AVSD Avantis Responsible International Equity ETF 4.8 23 27 7.1 +2.2
DFGR Dimensional Global Real Estate ETF 4.7 22 28 6.2 +1.4
COPX Global X Copper Miners ETF 4.7 65 -15 8.2 +3.3
FNDF Schwab Fundamental International Large Co. Index ETF 4.7 25 25 9.9 +5.0
UMMA Wahed Dow Jones Islamic World ETF 4.7 65 -15 4.6 -0.3
GXUS Goldman Sachs MarketBeta Total International Equity ETF 4.7 18 32 7.0 +2.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 4.7 45 5 8.9 +4.1
VEU Vanguard FTSE All-World ex-US Index Fund 4.5 8 42 7.3 +2.4
EFAD ProShares MSCI EAFE Dividend Growers ETF 4.5 50 0 5.3 +0.5
COPA Themes Copper Miners ETF 4.5 35 15 7.3 +2.4
ERET iShares Environmentally Aware Real Estate ETF 4.4 30 20 6.5 +1.6
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 4.4 41 9 7.4 +2.6
LVHI Franklin International Low Volatility High Dividend Index ET 4.3 40 10 10.1 +5.2
IXG iShares Global Financials ETF 4.3 42 8 6.2 +1.3
FDNI First Trust Dow Jones International Internet ETF 4.3 65 -15 2.1 -2.7
FDEV Fidelity International Multifactor ETF 4.3 18 32 7.8 +2.9
VSGX Vanguard ESG International Stock ETF 4.2 12 38 6.8 +1.9
DFSI Dimensional International Sustainability Core 1 ETF 4.2 24 26 6.5 +1.6
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 4.2 80 -30 3.2 -1.7
AVDE Avantis International Equity ETF 4.2 23 27 8.1 +3.2
IXUS iShares Core MSCI Total International Stock ETF 4.2 7 43 7.2 +2.3
VWID Virtus WMC International Dividend ETF 4.1 49 1 9.6 +4.7
RITA ETFB Green SRI REITs ETF 4.1 50 0 4.9 +0.1
FDT First Trust Developed Markets ex-US AlphaDEX Fund 4.0 80 -30 9.1 +4.2
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 4.0 68 -18 8.2 +3.4
VXUS Vanguard Total International Stock ETF 3.9 7 43 7.2 +2.3
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 3.9 39 11 7.5 +2.7
IMOM Alpha Architect International Quantitative Momentum ETF 3.8 49 1 5.7 +0.9
GREI Goldman Sachs Future Real Estate and Infrastructure Equity E 3.8 75 -25 4.6 -0.3
DFIC Dimensional International Core Equity 2 ETF 3.7 23 27 7.7 +2.9
AVIV Avantis International Large Cap Value ETF 3.7 25 25 9.0 +4.1
GCOW Pacer Global Cash Cows Dividend ETF 3.6 60 -10 12.5 +7.7
ION ProShares S&P Global Core Battery Metals ETF 3.6 58 -8 15.5 +10.7
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 3.5 39 11 7.4 +2.6
MOTG VanEck Morningstar Global Wide Moat ETF 3.5 52 -2 5.6 +0.8
CCNR ALPS CoreCommodity Natural Resources ETF 3.5 39 11 11.0 +6.2
EFAV iShares MSCI EAFE Min Vol Factor ETF 3.4 22 28 6.6 +1.7
LNGG Roundhill Alerian LNG ETF 3.4 65 -15 9.1 +4.2
QINT American Century Quality Diversified International ETF 3.4 39 11 7.7 +2.9
IVAL Alpha Architect International Quantitative Value ETF 3.4 49 1 9.5 +4.7
ICOW Pacer Developed Markets International Cash Cows 100 ETF 3.4 65 -15 12.8 +7.9
NTZG Nuveen Global Net Zero Transition ETF 3.3 56 -6 4.7 -0.1
IDHQ Invesco S&P International Developed High Quality ETF 3.3 29 21 6.5 +1.6
SPRE SP Funds S&P Global REIT Sharia ETF 3.3 55 -5 4.6 -0.2
IQIN IQ 500 International ETF 3.2 25 25 9.2 +4.3
AIVI WisdomTree International AI Enhanced Value Fund 3.1 58 -8 8.5 +3.6
BKCI BNY Mellon Concentrated International ETF 3.1 80 -30 4.2 -0.7
DWX SPDR S&P International Dividend ETF 3.1 45 5 6.5 +1.6
BLES Inspire Global Hope ETF 3.1 61 -11 6.4 +1.6
GDVD R3 Global Dividend Growth ETF 3.1 88 -38 5.5 +0.7
GDOC Goldman Sachs Future Health Care Equity ETF 3.0 75 -25 3.7 -1.2
ESGG FlexShares STOXX Global ESG Select Index Fund 2.9 42 8 5.1 +0.3
FYLD Cambria Foreign Shareholder Yield ETF 2.8 59 -9 13.6 +8.8
DMDV AAM S&P Developed Markets High Dividend Value ETF 2.8 39 11 12.1 +7.2
CRTC Xtrackers US National Critical Technologies ETF 2.7 35 15 5.1 +0.2
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 2.5 42 8 8.1 +3.2
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 2.5 25 25 5.6 +0.8
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 2.5 85 -35 8.6 +3.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 2.5 30 20 8.0 +3.1
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 2.4 46 4 4.9 +0.0
OGIG ALPS O'Shares Global Internet Giants ETF 2.4 48 2 1.9 -3.0
HAP VanEck Natural Resources ETF 2.4 50 0 10.0 +5.1
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 2.4 47 3 5.5 +0.6
VIDI Vident International Equity Strategy ETF 2.3 61 -11 10.2 +5.4
IQRA IQ CBRE Real Assets ETF 2.3 65 -15 5.2 +0.3
DSTX Distillate International Fundamental Stability & Value ETF 2.2 55 -5 8.0 +3.1
FIXT Procure Disaster Recovery Strategy ETF 2.2 75 -25 5.8 +1.0
RWX SPDR Dow Jones International Real Estate ETF 2.2 59 -9 7.4 +2.5
DEW WisdomTree Global High Dividend Fund 2.2 58 -8 8.5 +3.7
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 2.1 32 18 6.0 +1.1
LEGR First Trust Indxx Innovative Transaction & Process ETF 2.1 65 -15 8.2 +3.3
UIVM VictoryShares International Value Momentum ETF 2.1 35 15 11.0 +6.2
KLMT Invesco MSCI Global Climate 500 ETF 2.1 10 40 5.4 +0.6
GQRE FlexShares Global Quality Real Estate Index Fund 2.0 45 5 5.9 +1.1
IVLU iShares MSCI Intl Value Factor ETF 2.0 30 20 11.4 +6.6
IGF iShares Global Infrastructure ETF 2.0 41 9 4.3 -0.6
GII SPDR S&P Global Infrastructure ETF 2.0 40 10 4.3 -0.6
CGXU Capital Group International Focus Equity ETF 2.0 54 -4 4.9 0.0
BNGE First Trust S-Network Streaming and Gaming ETF 1.9 70 -20 -3.5 -8.3
FPXI First Trust International Equity Opportunities ETF 1.9 70 -20 4.9 +0.1
BJK VanEck Gaming ETF 1.9 65 -15 1.4 -3.5
ESPO VanEck Video Gaming and eSports ETF 1.9 56 -6 3.5 -1.3
ODDS Pacer BlueStar Digital Entertainment ETF 1.9 60 -10 2.3 -2.6
TOK iShares MSCI Kokusai ETF 1.9 26 24 5.0 +0.2
KOKU Xtrackers MSCI Kokusai Equity ETF 1.9 9 41 5.2 +0.4
PCGG Polen Capital Global Growth ETF 1.9 85 -35 3.5 -1.4
RWO SPDR Dow Jones Global Real Estate ETF 1.9 50 0 6.1 +1.3
ISHP First Trust Nasdaq Retail ETF 1.9 60 -10 2.9 -2.0
URA Global X Uranium ETF 1.9 69 -19 2.4 -2.5
URTH iShares MSCI World ETF 1.8 24 26 5.2 +0.3
IGRO iShares International Dividend Growth ETF 1.8 15 35 7.5 +2.7
GGME Invesco Next Gen Media and Gaming ETF 1.8 60 -10 3.5 -1.3
IXC iShares Global Energy ETF 1.8 44 6 8.7 +3.8
ACWI iShares MSCI ACWI ETF 1.6 32 18 5.3 +0.4
FDHT Fidelity Digital Health ETF 1.6 39 11 -2.3 -7.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.6 20 30 5.2 +0.3
IXJ iShares Global Healthcare ETF 1.6 42 8 6.5 +1.7
FILL iShares MSCI Global Energy Producers ETF 1.6 39 11 9.6 +4.8
JHID John Hancock International High Dividend ETF 1.6 46 4 11.3 +6.5
KNO AXS Knowledge Leaders ETF 1.5 78 -28 4.9 +0.1
VT Vanguard Total World Stock ETF 1.5 7 43 5.5 +0.7
BLDG Cambria Global Real Estate ETF 1.4 60 -10 14.3 +9.4
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.4 12 38 4.8 -0.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.4 9 41 5.4 +0.5
GLOF iShares Global Equity Factor ETF 1.4 20 30 7.0 +2.2
TEMP JPMorgan Climate Change Solutions ETF 1.4 49 1 5.5 +0.6
SUPL ProShares Supply Chain Logistics ETF 1.4 58 -8 14.2 +9.4
SEA U.S. Global Sea to Sky Cargo ETF 1.4 60 -10 21.5 +16.7
KXI iShares Global Consumer Staples ETF 1.3 41 9 5.7 +0.9
RXI iShares Global Consumer Discretionary ETF 1.3 41 9 5.4 +0.5
DGT SPDR Global Dow ETF 1.3 50 0 6.8 +1.9
QWLD SPDR MSCI World StrategicFactors ETF 1.3 30 20 5.9 +1.1
FINX Global X FinTech ETF 1.3 68 -18 2.6 -2.2
VIGI Vanguard International Dividend Appreciation ETF 1.2 15 35 6.4 +1.6
SDG iShares MSCI Global Sustainable Development Goals ETF 1.2 49 1 5.6 +0.8
JSTC Adasina Social Justice All Cap Global ETF 1.1 89 -39 4.9 +0.1
DTEC ALPS Disruptive Technologies ETF 1.1 50 0 3.7 -1.2
IXP iShares Global Comm Services ETF 1.1 42 8 5.1 +0.2
JXI iShares Global Utilities ETF 1.0 43 7 5.9 +1.1
MDEV First Trust Indxx Medical Devices ETF 1.0 70 -20 4.3 -0.6
AGNG Global X Aging Population ETF 1.0 50 0 4.2 -0.6
XT iShares Exponential Technologies ETF 0.9 46 4 4.8 -0.1
GDX VanEck Gold Miners ETF 0.9 51 -1 4.5 -0.4
AZTD Aztlan Global Stock Selection DM SMID ETF 0.9 75 -25 7.8 +2.9
AUMI Themes Gold Miners ETF 0.9 35 15 10.4 +5.5
FTRI First Trust Indxx Global Natural Resources Income ETF 0.9 70 -20 9.8 +4.9
EFAS Global X MSCI SuperDividend EAFE ETF 0.9 57 -7 10.3 +5.4
EXI iShares Global Industrials ETF 0.9 42 8 4.5 -0.3
FNDC Schwab Fundamental International Small Co. Index ETF 0.9 39 11 7.2 +2.4
BLLD JPMorgan Sustainable Infrastructure ETF 0.8 49 1 5.7 +0.8
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.8 49 1 7.0 +2.1
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.8 72 -22 1.0 -3.9
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.8 45 5 -0.6 -5.4
LITP Sprott Lithium Miners ETF 0.8 65 -15 16.9 +12.1
LIT Global X Lithium & Battery Tech ETF 0.8 75 -25 9.1 +4.2
ILIT iShares Lithium Miners and Producers ETF 0.8 47 3 12.3 +7.4
LIMI Themes Lithium & Battery Metal Miners ETF 0.8 35 15 4.7 -0.2
GLBL Pacer MSCI World Industry Advantage ETF 0.8 65 -15 4.7 -0.2
KOCG FIS Knights of Columbus Global Belief ETF 0.8 75 -25 5.0 +0.2
RAYD Rayliant Quantitative Developed Market Equity ETF 0.7 80 -30 3.8 -1.0
SDIV Global X Superdividend ETF 0.7 58 -8 14.9 +10.1
JIG JPMorgan International Growth ETF 0.7 55 -5 4.6 -0.2
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.7 56 -6 13.5 +8.6
PTEC Global X PropTech ETF 0.7 50 0 1.6 -3.3
CLOD Themes Cloud Computing ETF 0.7 35 15 2.6 -2.2
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.7 85 -35 3.5 -1.3
BCDF Horizon Kinetics Blockchain Development ETF 0.7 85 -35 3.9 -0.9
ZSB USCF Sustainable Battery Metals Strategy Fund 0.7 61 -11 18.6 +13.8
EDOC Global X Telemedicine & Digital Health ETF Registered 0.6 68 -18 -4.1 -8.9
CZAR Themes Natural Monopoly ETF 0.6 35 15 6.3 +1.4
ADIV SmartETFs Asia Pacific Dividend Builder ETF 0.6 78 -28 9.0 +4.1
DIVS SmartETFs Dividend Builder ETF 0.6 65 -15 5.0 +0.2
ANEW ProShares MSCI Transformational Changes ETF 0.6 45 5 3.6 -1.3
NXTG First Trust Indxx NextG ETF 0.6 70 -20 6.2 +1.4
IQM Franklin Intelligent Machines ETF 0.5 50 0 3.2 -1.6
IOO iShares Global 100 ETF 0.5 41 9 4.8 -0.0
SETM Sprott Energy Transition Materials ETF 0.5 65 -15 6.0 +1.1
CARZ First Trust NASDAQ Global Auto Index Fund 0.5 70 -20 3.8 -1.0
GMET VanEck Green Metals ETF 0.5 63 -13 10.7 +5.8
REMX VanEck Rare Earth/Strategic Metals ETF 0.5 54 -4 13.9 +9.1
DMAT Global X Disruptive Materials ETF 0.5 59 -9 10.5 +5.6
DRIV Global X Autonomous & Electric Vehicles ETF 0.5 68 -18 4.8 -0.0
IDRV iShares Self-driving EV & Tech ETF 0.5 47 3 -0.4 -5.3
FID First Trust S&P International Dividend Aristocrats ETF 0.5 60 -10 9.0 +4.1
WDIV SPDR S&P Global Dividend ETF 0.5 40 10 9.4 +4.5
MOO VanEck Agribusiness ETF 0.4 53 -3 9.7 +4.9
LUX Tema Luxury ETF 0.4 75 -25 3.0 -1.8
LUXX Roundhill S&P Global Luxury ETF 0.4 45 5 2.9 -2.0
CRAK VanEck Oil Refiners ETF 0.4 61 -11 14.7 +9.9
MOTI VanEck Morningstar International Moat ETF 0.4 58 -8 5.9 +1.0
IPKW Invesco International BuyBack Achievers ETF 0.4 55 -5 11.0 +6.2
CRUZ Defiance Hotel Airline and Cruise ETF 0.4 45 5 -4.6 -9.4
JETS U.S. Global Jets ETF 0.4 60 -10 -13.3 -18.1
AIRL Themes Airlines ETF 0.4 35 15 -16.7 -21.5
HART IQ Healthy Hearts ETF 0.3 45 5 5.0 +0.1
WLDR Affinity World Leaders Equity ETF 0.3 67 -17 8.1 +3.2
IXN iShares Global Tech ETF 0.2 41 9 4.5 -0.4
KNCT Invesco Next Gen Connectivity ETF 0.2 40 10 5.6 +0.7
WRND IQ Global Equity R&D Leaders ETF 0.2 18 32 7.5 +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 Australia 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 12.2 %
Divided by: Fwd. P/BV 2.3 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 4.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.82 CATEGORY
AVERAGE		 1.60
 
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.