iShares MSCI Australia ETF
ALTAR
Score™		 5.6% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 20.1x P/Sales
ratio		 2.9x
P/BV
ratio		 2.3x Div.
yield		 3.5%


  • 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) $1,539
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 48
Wgt avg mkt cap (mns) $70,980
Large cap (>$10bn) 92.6%
Mid cap ($2-10bn) 7.4%
Small cap (<$2bn) 0.0%
Developed mkts 98.7%
Emerging mkts 0.0%

TOP TEN HOLDINGS
COMMONWEALTH BANK OF AUSTRAL 14.6 %
BHP BILLITON LTD 10.1 %
CSL LIMITED 6.2 %
NATIONAL AUSTRALIA BANK LTD 5.8 %
WESTPAC BANKING CORP 5.7 %
WESFARMERS LIMITED 5.1 %
AUST AND NZ BANKING GROUP 4.5 %
MACQUARIE GROUP LTD 3.8 %
GOODMAN GROUP 3.5 %
WOODSIDE ENERGY GROUP LTD 2.5 %
Total 61.8 %

TOP COUNTRY EXPOSURE
AUSTRALIA 96.7 %
NEW ZEALAND 1.3 %
IRELAND 0.9 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru July 31)
Year-to-date 1 year 5 years 10 years Since Incep.
9.1% 4.0% 9.0% 6.3% 7.4%

Market Correlations
versus... Beta R-squared
S&P500 1.08 65%
MSCI EAFE 1.02 64%
MSCI Emg. Mkts. 0.95 59%

Technical Indicators
Recent close $27.09
30d moving avg. $26.53
Annualized volatility 20.6%
Short interest (ETF) 5.5%
Relative strength (RSI) 60

Liquidity measures
Avg. volume (thou.) 2,975
Turnover 5.2%
Bid/Ask (% of price) 0.05%
ADV underlying (mns) $1,072

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 242 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™: 5.6%


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 79.5 9 41 6.1 +0.5
EPP iShares MSCI Pacific ex-Japan ETF 62.6 47 3 5.1 -0.5
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 61.4 19 31 5.8 +0.2
DVYA iShares Asia/Pacific Dividend ETF 20.9 49 1 7.7 +2.1
IPAC iShares Core MSCI Pacific ETF 16.2 9 41 6.3 +0.7
PICK iShares MSCI Global Metals & Mining Producers ETF 14.9 39 11 12.7 +7.1
VPL Vanguard FTSE Pacific ETF 13.8 7 43 6.8 +1.2
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 12.8 80 -30 9.1 +3.5
SCHY Schwab International Dividend Equity ETF 12.0 14 36 9.7 +4.1
CEFA Global X S&P Catholic Values Developed ex-US ETF 10.3 35 15 6.6 +1.0
MXI iShares Global Materials ETF 10.0 41 9 7.6 +2.0
ICOP iShares Copper and Metals Mining ETF 9.2 47 3 8.6 +3.0
IDLV Invesco S&P International Developed Low Volatility ETF 9.2 25 25 6.3 +0.7
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 8.8 80 -30 5.9 +0.3
IDMO Invesco S&P International Developed Momentum ETF 8.3 25 25 5.3 -0.3
GNR SPDR S&P Global Natural Resources ETF 8.1 40 10 11.0 +5.4
DIVI Franklin International Core Dividend Tilt Index ETF 8.0 9 41 7.9 +2.3
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 7.6 65 -15 4.3 -1.3
DWMF WisdomTree International Multifactor Fund 7.6 38 12 7.0 +1.4
IQSI IQ Candriam International Equity ETF 7.5 15 35 6.6 +1.0
TTAI FCF International Quality ETF 7.2 59 -9 7.2 +1.6
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 7.2 46 4 9.9 +4.3
IMFL Invesco International Developed Dynamic Multifactor ETF 7.1 34 16 6.1 +0.5
EFG iShares MSCI EAFE Growth ETF 7.0 36 14 4.4 -1.3
NUDM Nuveen ESG International Developed Markets Equity ETF 6.9 31 19 6.3 +0.7
EFA iShares MSCI EAFE ETF 6.9 35 15 6.7 +1.1
RODM Hartford Multifactor Developed Markets (ex-US) ETF 6.9 29 21 7.7 +2.1
EFV iShares MSCI EAFE Value ETF 6.8 34 16 9.1 +3.5
ESGD iShares ESG Aware MSCI EAFE ETF 6.8 20 30 6.7 +1.1
EV Mast Global Battery Recycling & Production ETF 6.8 65 -15 10.5 +4.9
TPIF Timothy Plan International ETF 6.8 62 -12 6.2 +0.6
IDOG ALPS International Sector Dividend Dogs ETF 6.7 50 0 12.1 +6.5
BATT Amplify Lithium & Battery Technology ETF 6.6 59 -9 3.6 -2.0
IDHQ Invesco S&P International Developed High Quality ETF 6.6 29 21 6.6 +1.0
JIRE JPMorgan International Research Enhanced Equity ETF 6.6 24 26 7.2 +1.6
VYMI Vanguard International High Dividend Yield ETF 6.4 17 33 9.5 +3.9
FIDI Fidelity International High Dividend ETF 6.4 18 32 8.7 +3.1
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 6.3 10 40 8.0 +2.4
JPIN J.P. Morgan Diversified Return International Equity ETF 6.3 37 13 8.3 +2.7
GSID Goldman Sachs MarketBeta International Equity ETF 6.2 20 30 6.9 +1.3
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 6.2 36 14 6.5 +0.9
HFXI IQ FTSE International Equity Currency Neutral ETF 6.1 20 30 7.1 +1.5
DTH WisdomTree International High Dividend Fund 6.1 58 -8 8.4 +2.8
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 6.1 20 30 6.5 +0.9
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 6.1 12 38 6.0 +0.4
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 6.0 20 30 6.3 +0.7
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 6.0 24 26 7.4 +1.8
JHMD John Hancock Multifactor Developed International ETF 6.0 39 11 7.6 +2.0
DOL WisdomTree International LargeCap Dividend Fund 5.9 48 2 7.2 +1.6
FICS First Trust International Developed Capital Strength ETF 5.9 70 -20 7.3 +1.7
IVAL Alpha Architect International Quantitative Value ETF 5.9 49 1 9.8 +4.2
IEFA iShares Core MSCI EAFE ETF 5.9 7 43 7.0 +1.4
CIL VictoryShares International Volatility Wtd ETF 5.9 45 5 6.6 +1.0
EFAD ProShares MSCI EAFE Dividend Growers ETF 5.8 50 0 6.0 +0.4
STXI Strive International Developed Markets ETF 5.8 29 21 6.7 +1.1
IMTM iShares MSCI Intl Momentum Factor ETF 5.7 30 20 5.5 -0.1
IFGL iShares International Developed Real Estate ETF 5.7 48 2 7.0 +1.4
VGSR Vert Global Sustainable Real Estate ETF 5.7 47 3 7.4 +1.8
VNQI Vanguard Global ex-U.S. Real Estate ETF 5.7 12 38 8.1 +2.5
RCGE RockCreek Global Equality ETF 5.6 95 -45 6.7 +1.1
BKIE BNY Mellon International Equity ETF 5.6 4 46 7.0 +1.4
IQLT iShares MSCI Intl Quality Factor ETF 5.6 30 20 6.3 +0.7
FENI Fidelity Enhanced International ETF 5.6 28 22 6.6 +1.0
SCHF Schwab International Equity ETF 5.4 6 44 7.3 +1.7
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 5.4 14 36 6.2 +0.6
FIVA Fidelity International Value Factor ETF 5.4 18 32 9.9 +4.3
RFDI First Trust Riverfront Dynamic Developed International ETF 5.3 83 -33 9.4 +3.8
QEFA SPDR MSCI EAFE StrategicFactors ETF 5.2 30 20 7.0 +1.4
IDEV iShares Core MSCI International Developed Markets ETF 5.2 4 46 7.0 +1.4
WWJD Inspire International ETF 5.1 80 -30 7.3 +1.7
DIHP Dimensional International High Profitability ETF 5.1 29 21 7.2 +1.6
INTF iShares International Equity Factor ETF 5.1 15 35 7.6 +2.0
DIM WisdomTree International MidCap Dividend Fund 5.0 58 -8 7.5 +1.9
DWM WisdomTree International Equity Fund 5.0 48 2 7.4 +1.8
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 5.0 40 10 7.4 +1.8
IQDG WisdomTree International Quality Dividend Growth Fund 5.0 42 8 7.3 +1.7
GSIE Goldman Sachs ActiveBeta International Equity ETF 5.0 25 25 7.1 +1.5
VEA Vanguard FTSE Developed Markets ETF 4.9 3 47 7.2 +1.6
SPDW SPDR Portfolio Developed World ex-US ETF 4.9 3 47 7.0 +1.4
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 4.9 58 -8 7.1 +1.5
IDV iShares International Select Dividend ETF 4.9 51 -1 10.6 +5.0
UMMA Wahed Dow Jones Islamic World ETF 4.7 65 -15 5.4 -0.2
REET iShares Global REIT ETF 4.6 14 36 7.4 +1.8
DFIV Dimensional International Value ETF 4.6 27 23 9.6 +4.0
DMXF iShares ESG Advanced MSCI EAFE ETF 4.5 12 38 5.5 -0.1
DFAI Dimensional International Core Equity Market ETF 4.5 18 32 7.1 +1.5
CWI SPDR MSCI ACWI ex-US ETF 4.4 30 20 7.7 +2.1
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 4.4 9 41 9.1 +3.5
ACWX iShares MSCI ACWI ex U.S. ETF 4.3 34 16 7.8 +2.2
COPX Global X Copper Miners ETF 4.3 65 -15 7.6 +2.0
DFGR Dimensional Global Real Estate ETF 4.2 22 28 7.4 +1.8
DWX SPDR S&P International Dividend ETF 4.2 45 5 6.1 +0.5
IQDY FlexShares International Quality Dividend Dynamic Index Fund 4.2 47 3 8.4 +2.8
RODE Hartford Multifactor Diversified International ETF 4.1 29 21 11.4 +5.8
AVSD Avantis Responsible International Equity ETF 4.1 23 27 5.7 +0.1
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 4.0 45 5 8.8 +3.2
RITA ETFB Green SRI REITs ETF 4.0 50 0 5.9 +0.3
FNDF Schwab Fundamental International Large Co. Index ETF 4.0 25 25 9.6 +4.0
AVRE Avantis Real Estate ETF 4.0 17 33 7.1 +1.5
VEU Vanguard FTSE All-World ex-US Index Fund 4.0 4 46 8.1 +2.5
GXUS Goldman Sachs MarketBeta Total International Equity ETF 3.9 18 32 7.9 +2.3
FDNI First Trust Dow Jones International Internet ETF 3.9 65 -15 21.3 +15.7
GCOW Pacer Global Cash Cows Dividend ETF 3.9 60 -10 10.9 +5.3
IXG iShares Global Financials ETF 3.9 42 8 6.5 +0.9
PPIE Putnam PanAgora ESG International Equity ETF 3.9 49 1 7.4 +1.8
IQDF FlexShares International Quality Dividend Index Fund 3.9 47 3 8.9 +3.3
VSGX Vanguard ESG International Stock ETF 3.8 10 40 7.7 +2.1
AVIV Avantis International Large Cap Value ETF 3.8 25 25 8.6 +3.0
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 3.8 41 9 7.5 +1.9
AVDE Avantis International Equity ETF 3.8 23 27 7.4 +1.8
LVHI Franklin International Low Volatility High Dividend Index ET 3.8 40 10 10.3 +4.7
ICOW Pacer Developed Markets International Cash Cows 100 ETF 3.8 65 -15 12.1 +6.5
IXUS iShares Core MSCI Total International Stock ETF 3.7 7 43 7.9 +2.3
COPA Themes Copper Miners ETF 3.6 35 15 5.9 +0.3
ERET iShares Environmentally Aware Real Estate ETF 3.6 30 20 7.3 +1.7
SPRE SP Funds S&P Global REIT Sharia ETF 3.5 55 -5 6.0 +0.4
CCNR ALPS CoreCommodity Natural Resources ETF 3.5 39 11 11.0 +5.4
EFAV iShares MSCI EAFE Min Vol Factor ETF 3.5 22 28 5.8 +0.2
VXUS Vanguard Total International Stock ETF 3.5 5 45 7.9 +2.3
DFSI Dimensional International Sustainability Core 1 ETF 3.4 24 26 6.3 +0.7
DFIC Dimensional International Core Equity 2 ETF 3.3 23 27 7.4 +1.8
MOTG VanEck Morningstar Global Wide Moat ETF 3.3 52 -2 7.7 +2.1
ESGG FlexShares STOXX Global ESG Select Index Fund 3.3 42 8 5.4 -0.2
FDEV Fidelity International Multifactor ETF 3.2 18 32 7.5 +1.9
VWID Virtus WMC International Dividend ETF 3.1 49 1 8.5 +2.9
GDOC Goldman Sachs Future Health Care Equity ETF 3.1 75 -25 2.8 -2.8
AIVI WisdomTree International AI Enhanced Value Fund 3.1 58 -8 7.0 +1.4
FYLD Cambria Foreign Shareholder Yield ETF 3.0 59 -9 11.6 +6.0
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 3.0 39 11 6.7 +1.1
DXIV Dimensional International Vector Equity ETF 3.0 34 16 7.8 +2.2
FDT First Trust Developed Markets ex-US AlphaDEX Fund 2.9 80 -30 9.6 +4.0
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 2.8 39 11 7.9 +2.3
QINT American Century Quality Diversified International ETF 2.8 39 11 7.3 +1.7
BLES Inspire Global Hope ETF 2.7 61 -11 6.8 +1.2
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 2.6 42 8 7.2 +1.6
BKCI BNY Mellon Concentrated International ETF 2.6 80 -30 5.3 -0.4
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 2.6 46 4 5.6 +0.0
ION ProShares S&P Global Core Battery Metals ETF 2.6 58 -8 9.7 +4.1
HAP VanEck Natural Resources ETF 2.4 50 0 9.4 +3.8
OGIG ALPS O'Shares Global Internet Giants ETF 2.4 48 2 1.6 -4.0
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 2.3 25 25 5.9 +0.3
LEGR First Trust Indxx Innovative Transaction & Process ETF 2.3 65 -15 8.1 +2.5
JHID John Hancock International High Dividend ETF 2.3 46 4 9.5 +3.9
DFAX Dimensional World ex U.S. Core Equity 2 ETF 2.3 30 20 7.9 +2.3
UIVM VictoryShares International Value Momentum ETF 2.2 35 15 8.9 +3.3
EFAS Global X MSCI SuperDividend EAFE ETF 2.1 57 -7 8.3 +2.7
IGF iShares Global Infrastructure ETF 2.1 41 9 4.7 -0.9
GII SPDR S&P Global Infrastructure ETF 2.1 40 10 4.7 -0.9
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 2.1 32 18 6.0 +0.4
IQRA IQ CBRE Real Assets ETF 2.1 65 -15 5.7 +0.1
URA Global X Uranium ETF 2.1 69 -19 1.7 -3.9
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 2.1 80 -30 5.0 -0.6
JSTC Adasina Social Justice All Cap Global ETF 2.0 89 -39 4.8 -0.8
KNO AXS Knowledge Leaders ETF 2.0 78 -28 6.0 +0.4
GDX VanEck Gold Miners ETF 2.0 51 -1 3.6 -2.0
DEW WisdomTree Global High Dividend Fund 2.0 58 -8 8.4 +2.8
BNGE First Trust S-Network Streaming and Gaming ETF 1.9 70 -20 2.6 -3.0
BJK VanEck Gaming ETF 1.9 65 -15 3.9 -1.7
ESPO VanEck Video Gaming and eSports ETF 1.9 56 -6 3.9 -1.7
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 1.9 75 -25 4.7 -0.9
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 1.9 47 3 5.8 +0.2
FILL iShares MSCI Global Energy Producers ETF 1.9 39 11 11.6 +6.0
IXC iShares Global Energy ETF 1.9 44 6 10.0 +4.4
FDHT Fidelity Digital Health ETF 1.9 39 11 0.9 -4.7
IXJ iShares Global Healthcare ETF 1.9 42 8 7.3 +1.7
CRTC Xtrackers US National Critical Technologies ETF 1.9 35 15 4.8 -0.8
ODDS Pacer BlueStar Digital Entertainment ETF 1.8 60 -10 2.1 -3.5
TOK iShares MSCI Kokusai ETF 1.8 26 24 5.0 -0.6
IGRO iShares International Dividend Growth ETF 1.8 15 35 7.3 +1.7
IVLU iShares MSCI Intl Value Factor ETF 1.7 30 20 10.4 +4.8
KLMT Invesco MSCI Global Climate 500 ETF 1.7 10 40 5.7 +0.1
URTH iShares MSCI World ETF 1.7 24 26 5.1 -0.5
KOKU Xtrackers MSCI Kokusai Equity ETF 1.7 9 41 5.2 -0.4
TEMP JPMorgan Climate Change Solutions ETF 1.6 49 1 5.8 +0.2
SUPL ProShares Supply Chain Logistics ETF 1.6 58 -8 11.8 +6.2
SDG iShares MSCI Global Sustainable Development Goals ETF 1.5 49 1 5.8 +0.2
RXI iShares Global Consumer Discretionary ETF 1.5 41 9 9.3 +3.7
ACWI iShares MSCI ACWI ETF 1.5 32 18 5.5 -0.1
GGME Invesco Next Gen Media and Gaming ETF 1.5 60 -10 4.2 -1.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.5 20 30 5.6 +0.0
RWX SPDR Dow Jones International Real Estate ETF 1.5 59 -9 6.9 +1.3
JIG JPMorgan International Growth ETF 1.5 55 -5 4.8 -0.8
MOTI VanEck Morningstar International Moat ETF 1.5 58 -8 12.0 +6.4
FINX Global X FinTech ETF 1.4 68 -18 2.2 -3.4
VIGI Vanguard International Dividend Appreciation ETF 1.4 10 40 6.3 +0.7
GLOF iShares Global Equity Factor ETF 1.4 20 30 6.5 +0.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.3 9 41 5.7 +0.1
ISHP First Trust Nasdaq Retail ETF 1.3 60 -10 5.4 -0.2
VT Vanguard Total World Stock ETF 1.3 6 44 5.9 +0.3
RWO SPDR Dow Jones Global Real Estate ETF 1.3 50 0 7.0 +1.4
VIDI Vident International Equity Strategy ETF 1.3 61 -11 10.9 +5.3
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.3 12 38 5.2 -0.4
AUMI Themes Gold Miners ETF 1.2 35 15 4.7 -0.9
QWLD SPDR MSCI World StrategicFactors ETF 1.2 30 20 5.9 +0.3
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.2 56 -6 10.7 +5.1
IMOM Alpha Architect International Quantitative Momentum ETF 1.2 49 1 3.3 -2.3
SHPP Pacer Industrials and Logistics ETF 1.1 60 -10 8.6 +3.0
FDTX Fidelity Disruptive Technology ETF 1.1 50 0 2.7 -2.9
DGT SPDR Global Dow ETF 1.1 50 0 7.0 +1.4
KXI iShares Global Consumer Staples ETF 1.1 41 9 5.5 -0.1
IXP iShares Global Comm Services ETF 1.1 42 8 5.6 0.0
RAYD Rayliant Quantitative Developed Market Equity ETF 1.1 80 -30 4.4 -1.2
JXI iShares Global Utilities ETF 1.0 43 7 5.9 +0.3
FTRI First Trust Indxx Global Natural Resources Income ETF 1.0 70 -20 7.6 +2.0
MDEV First Trust Indxx Medical Devices ETF 1.0 70 -20 4.5 -1.1
AGNG Global X Aging Population ETF 1.0 50 0 4.9 -0.7
GQRE FlexShares Global Quality Real Estate Index Fund 1.0 45 5 7.8 +2.2
DTEC ALPS Disruptive Technologies ETF 1.0 50 0 3.9 -1.7
EXI iShares Global Industrials ETF 0.9 42 8 4.5 -1.1
HEAL Global X HealthTech ETF 0.9 50 0 -0.7 -6.3
AZTD Aztlan Global Stock Selection DM SMID ETF 0.9 75 -25 7.4 +1.8
IQM Franklin Intelligent Machines ETF 0.8 50 0 2.0 -3.6
GDXJ VanEck Junior Gold Miners ETF 0.8 52 -2 4.8 -0.8
FNDC Schwab Fundamental International Small Co. Index ETF 0.7 39 11 5.8 +0.2
CLOD Themes Cloud Computing ETF 0.7 35 15 3.2 -2.4
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.7 85 -35 8.7 +3.1
PTEC Global X PropTech ETF 0.6 50 0 1.7 -3.9
ADIV SmartETFs Asia Pacific Dividend Builder ETF 0.6 78 -28 9.4 +3.8
DIVS SmartETFs Dividend Builder ETF 0.6 65 -15 5.0 -0.6
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.6 49 1 6.8 +1.2
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.6 85 -35 3.9 -1.7
BCDF Horizon Kinetics Blockchain Development ETF 0.6 85 -35 4.1 -1.5
FID First Trust S&P International Dividend Aristocrats ETF 0.6 60 -10 7.9 +2.3
WDIV SPDR S&P Global Dividend ETF 0.6 40 10 9.2 +3.6
NXTG First Trust Indxx NextG ETF 0.6 70 -20 5.3 -0.3
CZAR Themes Natural Monopoly ETF 0.5 35 15 5.7 +0.1
ANEW ProShares MSCI Transformational Changes ETF 0.5 45 5 6.1 +0.5
CGGO Capital Group Global Growth Equity ETF 0.5 47 3 4.7 -0.9
XT iShares Exponential Technologies ETF 0.5 46 4 4.9 -0.7
BLLD JPMorgan Sustainable Infrastructure ETF 0.4 49 1 6.1 +0.5
IOO iShares Global 100 ETF 0.4 41 9 4.8 -0.9
IPKW Invesco International BuyBack Achievers ETF 0.4 55 -5 12.5 +6.9
JETS U.S. Global Jets ETF 0.4 60 -10 2.6 -3.0
AIRL Themes Airlines ETF 0.4 35 15 1.7 -3.9
SCHC Schwab International Small-Cap Equity ETF 0.3 11 39 6.6 +1.0
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 8 42 6.1 +0.5
KNCT Invesco Next Gen Connectivity ETF 0.2 40 10 4.8 -0.8
IXN iShares Global Tech ETF 0.2 41 9 3.6 -2.0
FDRR Fidelity Dividend ETF for Rising Rates 0.2 15 35 7.0 +1.4
WRND IQ Global Equity R&D Leaders ETF 0.2 18 32 8.2 +2.6
DFIS Dimensional International Small Cap ETF 0.0 39 11 7.3 +1.7
AVDS Avantis International Small Cap Equity ETF 0.0 30 20 7.3 +1.7

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

  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 Australia 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 13.8 %
Divided by: Fwd. P/BV 2.3 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 5.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.92 CATEGORY
AVERAGE		 1.63
 
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.