iShares MSCI Canada ETF
ALTAR
Score™		 6.5% info Recommen-
dation		 UNDERWEIGHT
2024E    2025E
P/E
ratio		 15.0x P/Sales
ratio		 2.2x
P/BV
ratio		 2.0x Div.
yield		 3.2%


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

FUND BASICS
Category International Equities
Fund Sponsor Barclays Global Investors
Website www.ishares.com
Inception date Mar 12, 1996
Assets (mns) $2,824
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 n/a
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 86
Wgt avg mkt cap (mns) $51,267
Large cap (>$10bn) 89.7%
Mid cap ($2-10bn) 10.3%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ROYAL BANK OF CANADA 8.0 %
SHOPIFY, INC. CLASS A 6.1 %
TORONTO-DOMINION BANK 4.5 %
ENBRIDGE INC 4.3 %
BROOKFIELD CORP CLASS A 3.6 %
CANADIAN NATURAL RESOURCES 3.3 %
CANADIAN PACIFIC KANSAS CITY LTD 3.2 %
BANK OF MONTREAL 3.2 %
BANK OF NOVA SCOTIA 3.1 %
CONSTELLATION SOFTWARE INC 2.9 %
Total 42.1 %

TOP COUNTRY EXPOSURE
CANADA 88.9 %
UNITED STATES 0.2 %









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.
7.4% 25.8% 8.6% 4.9% 9.1%

Market Correlations
versus... Beta R-squared
S&P500 0.94 78%
MSCI EAFE 0.96 85%
MSCI Emg. Mkts. 0.76 51%

Technical Indicators
Recent close $42.21
30d moving avg. $41.49
Annualized volatility 18.5%
Short interest (ETF) 3.6%
Relative strength (RSI) 50

Liquidity measures
Avg. volume (thou.) 1,807
Turnover 2.7%
Bid/Ask (% of price) 0.03%
ADV underlying (mns) $5,314

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 362 potential alternatives to the iShares MSCI Canada ETF ETF based on the alternatives' overlap in portfolio holdings with EWC. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EWC Expense: 50 bp ALTAR Score™: 6.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EWC
Ticker Fund
Name		 Overlap1
vs EWC
(%)		 Expense
ratio
(bp)		 Savings
vs EWC
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EWC
(%)
BBCA JPMorgan BetaBuilders Canada ETF 70.4 19 31 6.6 +0.1
FLCA Franklin FTSE Canada ETF 61.4 9 41 6.8 +0.3
IGRO iShares International Dividend Growth ETF 19.2 15 35 7.5 +1.1
PID Invesco International Dividend Achievers ETF 19.2 53 -3 7.0 +0.6
IDLV Invesco S&P International Developed Low Volatility ETF 15.4 25 25 6.2 -0.3
NANR SPDR S&P North American Natural Resources ETF 15.2 35 15 7.4 +0.9
IMTM iShares MSCI Intl Momentum Factor ETF 13.4 30 20 6.3 -0.2
IXC iShares Global Energy ETF 13.0 44 6 8.7 +2.2
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 12.3 12 38 5.9 -0.6
FID First Trust S&P International Dividend Aristocrats ETF 11.9 60 -10 9.0 +2.5
SCHC Schwab International Small-Cap Equity ETF 11.5 11 39 6.6 +0.1
GNR SPDR S&P Global Natural Resources ETF 11.3 40 10 9.7 +3.2
FTWO Strive FAANG 2.0 ETF 11.2 49 1 4.7 -1.8
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 11.0 80 -30 3.2 -3.3
STXI Strive International Developed Markets ETF 10.7 29 21 6.9 +0.4
UMMA Wahed Dow Jones Islamic World ETF 10.4 65 -15 4.6 -1.9
RODM Hartford Multifactor Developed Markets (ex-US) ETF 10.4 29 21 8.6 +2.1
FIDI Fidelity International High Dividend ETF 10.3 18 32 10.9 +4.4
WDIV SPDR S&P Global Dividend ETF 10.2 40 10 9.4 +2.9
FDT First Trust Developed Markets ex-US AlphaDEX Fund 9.6 80 -30 9.1 +2.6
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 9.6 46 4 4.9 -1.6
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 9.5 20 30 6.9 +0.4
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 9.4 45 5 8.9 +2.5
IDEV iShares Core MSCI International Developed Markets ETF 9.0 4 46 7.1 +0.6
VIGI Vanguard International Dividend Appreciation ETF 9.0 15 35 6.4 -0.1
GSIE Goldman Sachs ActiveBeta International Equity ETF 8.8 25 25 7.2 +0.7
IDMO Invesco S&P International Developed Momentum ETF 8.7 25 25 5.9 -0.6
SPDW SPDR Portfolio Developed World ex-US ETF 8.6 3 47 7.2 +0.7
TTAI FCF International Quality ETF 8.6 59 -9 5.6 -0.9
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 8.5 7 43 6.7 +0.2
VEA Vanguard FTSE Developed Markets ETF 8.4 5 45 7.3 +0.8
CIL VictoryShares International Volatility Wtd ETF 8.2 45 5 7.0 +0.5
VWID Virtus WMC International Dividend ETF 8.2 49 1 9.6 +3.1
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 8.1 51 -1 7.1 +0.6
MXI iShares Global Materials ETF 8.1 41 9 7.0 +0.5
UMI USCF Midstream Energy Income Fund ETF 8.1 85 -35 3.7 -2.8
ENFR Alerian Energy Infrastructure ETF 8.1 35 15 4.0 -2.5
IGF iShares Global Infrastructure ETF 8.1 41 9 4.3 -2.2
GII SPDR S&P Global Infrastructure ETF 8.1 40 10 4.3 -2.2
USAI Pacer American Energy Independence ETF 8.1 75 -25 3.0 -3.5
VYMI Vanguard International High Dividend Yield ETF 8.1 22 28 9.8 +3.3
DWX SPDR S&P International Dividend ETF 8.0 45 5 6.5 -0.0
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 7.9 47 3 5.5 -1.0
IVRA Invesco Real Assets ESG ETF 7.9 59 -9 5.4 -1.1
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 7.8 32 18 6.0 -0.5
NDIV Amplify Natural Resources Dividend Income ETF 7.8 59 -9 8.5 +2.0
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 7.8 46 4 9.3 +2.9
CID VictoryShares International High Div Volatility Wtd ETF 7.7 45 5 11.9 +5.4
TPIF Timothy Plan International ETF 7.7 62 -12 6.8 +0.3
AVIV Avantis International Large Cap Value ETF 7.7 25 25 9.0 +2.5
SCHF Schwab International Equity ETF 7.6 6 44 7.5 +1.0
FILL iShares MSCI Global Energy Producers ETF 7.6 39 11 9.6 +3.1
FIVA Fidelity International Value Factor ETF 7.5 18 32 10.2 +3.8
BKIE BNY Mellon International Equity ETF 7.4 4 46 7.1 +0.6
CWI SPDR MSCI ACWI ex-US ETF 7.3 30 20 6.9 +0.5
ACWX iShares MSCI ACWI ex U.S. ETF 7.3 34 16 7.0 +0.5
FNDF Schwab Fundamental International Large Co. Index ETF 7.1 25 25 9.9 +3.4
FDNI First Trust Dow Jones International Internet ETF 6.5 65 -15 2.1 -4.4
GSIB Themes Global Systemically Important Banks ETF 6.5 35 15 13.4 +6.9
LVHI Franklin International Low Volatility High Dividend Index ET 6.4 40 10 10.1 +3.6
IQLT iShares MSCI Intl Quality Factor ETF 6.4 30 20 6.2 -0.3
SGDM Sprott Gold Miners ETF 6.3 50 0 5.4 -1.1
FGD First Trust Dow Jones Global Select Dividend Index Fund 6.3 56 -6 13.5 +7.0
IXUS iShares Core MSCI Total International Stock ETF 6.2 7 43 7.2 +0.7
ICOW Pacer Developed Markets International Cash Cows 100 ETF 6.2 65 -15 12.8 +6.3
WWJD Inspire International ETF 6.1 80 -30 7.3 +0.8
CZAR Themes Natural Monopoly ETF 6.1 35 15 6.3 -0.2
BWEB Bitwise Web3 ETF 6.1 85 -35 0.7 -5.8
ARKF ARK Fintech Innovation ETF 6.1 75 -25 -0.4 -6.9
VXUS Vanguard Total International Stock ETF 6.1 7 43 7.2 +0.7
TPYP Tortoise North American Pipeline Fund 6.1 40 10 4.2 -2.3
ABEQ Absolute Select Value ETF 6.0 85 -35 4.3 -2.2
AVSD Avantis Responsible International Equity ETF 6.0 23 27 7.1 +0.6
SXUS Janus Henderson International Sustainable Equity ETF 6.0 60 -10 4.2 -2.3
FDEV Fidelity International Multifactor ETF 5.9 18 32 7.8 +1.3
BUYZ Franklin Disruptive Commerce ETF 5.8 50 0 1.8 -4.7
AVDE Avantis International Equity ETF 5.7 23 27 8.1 +1.6
VEU Vanguard FTSE All-World ex-US Index Fund 5.7 8 42 7.3 +0.8
INTF iShares International Equity Factor ETF 5.7 15 35 8.2 +1.7
GXUS Goldman Sachs MarketBeta Total International Equity ETF 5.7 18 32 7.0 +0.5
VSGX Vanguard ESG International Stock ETF 5.6 12 38 6.8 +0.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 5.6 41 9 7.4 +0.9
FYLD Cambria Foreign Shareholder Yield ETF 5.5 59 -9 13.6 +7.1
IXG iShares Global Financials ETF 5.5 42 8 6.2 -0.3
SCHY Schwab International Dividend Equity ETF 5.5 14 36 9.3 +2.9
IDV iShares International Select Dividend ETF 5.4 51 -1 12.2 +5.7
IQIN IQ 500 International ETF 5.3 25 25 9.2 +2.7
IQDE FlexShares International Quality Dividend Defensive Index ET 5.3 47 3 14.8 +8.3
DFAI Dimensional International Core Equity Market ETF 5.0 18 32 7.3 +0.8
RING iShares MSCI Global Gold Miners ETF 5.0 39 11 5.6 -0.9
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 4.9 39 11 7.4 +0.9
ARKK ARK Innovation ETF 4.7 75 -25 -3.2 -9.7
DSTX Distillate International Fundamental Stability & Value ETF 4.7 55 -5 8.0 +1.5
DIHP Dimensional International High Profitability ETF 4.6 29 21 7.6 +1.2
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 4.5 39 11 7.5 +1.1
FICS First Trust International Developed Capital Strength ETF 4.4 70 -20 5.3 -1.2
CGXU Capital Group International Focus Equity ETF 4.4 54 -4 4.9 -1.6
DFSI Dimensional International Sustainability Core 1 ETF 4.4 24 26 6.5 -0.0
IDHQ Invesco S&P International Developed High Quality ETF 4.3 29 21 6.5 -0.0
PNQI Invesco NASDAQ Internet ETF 4.3 60 -10 2.3 -4.2
ARKW ARK Next Generation Internet ETF 4.3 87 -37 -0.7 -7.2
DIVY Sound Equity Dividend Income ETF 4.3 45 5 10.6 +4.1
VIDI Vident International Equity Strategy ETF 4.2 61 -11 10.2 +3.7
KEAT Keating Active ETF 4.2 85 -35 0.0 -6.5
DFIC Dimensional International Core Equity 2 ETF 4.2 23 27 7.7 +1.2
AOTG AOT Growth and Innovation ETF 4.2 75 -25 3.1 -3.4
INFL Horizon Kinetics Inflation Beneficiaries ETF 4.1 85 -35 3.5 -3.0
UDI USCF Dividend Income Fund 4.1 65 -15 7.3 +0.8
FTRI First Trust Indxx Global Natural Resources Income ETF 4.0 70 -20 9.8 +3.3
QINT American Century Quality Diversified International ETF 4.0 39 11 7.7 +1.2
SLVP iShares MSCI Global Silver Miners ETF 4.0 39 11 3.2 -3.3
DFIV Dimensional International Value ETF 4.0 27 23 10.0 +3.5
PCGG Polen Capital Global Growth ETF 3.9 85 -35 3.5 -3.0
OAIM OneAscent International Equity ETF 3.8 95 -45 5.1 -1.4
NEWZ StockSnips AI-Powered Sentiment US All Cap ETF 3.8 65 -15 3.9 -2.6
SPRX Spear Alpha ETF 3.8 75 -25 2.3 -4.2
DIVZ TrueShares Low Volatility Equity Income ETF 3.7 65 -15 7.2 +0.7
AGMI Themes Silver Miners ETF 3.7 35 15 4.5 -2.0
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.6 12 38 4.8 -1.7
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 3.6 42 8 8.1 +1.6
DTAN Sparkline International Intangible Value ETF 3.6 55 -5 9.2 +2.7
IQRA IQ CBRE Real Assets ETF 3.6 65 -15 5.2 -1.3
FPXI First Trust International Equity Opportunities ETF 3.5 70 -20 4.9 -1.6
CCNR ALPS CoreCommodity Natural Resources ETF 3.4 39 11 11.0 +4.5
KOCG FIS Knights of Columbus Global Belief ETF 3.4 75 -25 5.0 -1.5
CGDG Capital Group Dividend Growers ETF 3.3 47 3 6.6 +0.1
IVLU iShares MSCI Intl Value Factor ETF 3.3 30 20 11.4 +5.0
SUPL ProShares Supply Chain Logistics ETF 3.3 58 -8 14.2 +7.7
SHPP Pacer Industrials and Logistics ETF 3.3 60 -10 9.9 +3.4
IQDF FlexShares International Quality Dividend Index Fund 3.2 47 3 12.9 +6.4
JHID John Hancock International High Dividend ETF 3.1 46 4 11.3 +4.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 3.1 20 30 5.2 -1.3
BNE Blue Horizon BNE ETF 3.1 87 -37 4.6 -1.9
BLES Inspire Global Hope ETF 3.0 61 -11 6.4 -0.1
GLBL Pacer MSCI World Industry Advantage ETF 3.0 65 -15 4.7 -1.8
DFAX Dimensional World ex U.S. Core Equity 2 ETF 3.0 30 20 8.0 +1.5
TOK iShares MSCI Kokusai ETF 2.9 26 24 5.0 -1.5
RODE Hartford Multifactor Diversified International ETF 2.9 29 21 11.8 +5.3
RFDI First Trust Riverfront Dynamic Developed International ETF 2.8 83 -33 10.0 +3.5
CGGR Capital Group Growth ETF 2.8 39 11 3.2 -3.3
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 2.8 24 26 8.7 +2.2
DEW WisdomTree Global High Dividend Fund 2.8 58 -8 8.5 +2.0
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 2.7 85 -35 8.6 +2.1
URTH iShares MSCI World ETF 2.7 24 26 5.2 -1.3
ICAP InfraCap Equity Income Fund ETF 2.7 171 -121 6.0 -0.5
IQM Franklin Intelligent Machines ETF 2.7 50 0 3.2 -3.3
IPAV Global X Infrastructure Development ex-U.S. ETF 2.7 55 -5 9.7 +3.2
TMFG Motley Fool Global Opportunities ETF 2.7 85 -35 3.2 -3.3
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 2.7 25 25 5.6 -0.9
BIGFX Baron International Growth Retail 2.7 75 -25 3.1 -3.4
GVLU Gotham 1000 Value ETF 2.7 50 0 7.4 +1.0
JSTC Adasina Social Justice All Cap Global ETF 2.7 89 -39 4.9 -1.6
BKCI BNY Mellon Concentrated International ETF 2.6 80 -30 4.2 -2.3
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 2.6 49 1 10.4 +3.9
EIPX FT Energy Income Partners Strategy ETF 2.6 95 -45 6.0 -0.5
QWLD SPDR MSCI World StrategicFactors ETF 2.6 30 20 5.9 -0.6
KLMT Invesco MSCI Global Climate 500 ETF 2.5 10 40 5.4 -1.1
ACWI iShares MSCI ACWI ETF 2.5 32 18 5.3 -1.2
KNO AXS Knowledge Leaders ETF 2.4 78 -28 4.9 -1.6
NVIR Horizon Kinetics Energy and Remediation ETF 2.4 85 -35 1.5 -5.0
KOKU Xtrackers MSCI Kokusai Equity ETF 2.4 9 41 5.2 -1.3
IMFL Invesco International Developed Dynamic Multifactor ETF 2.4 34 16 5.9 -0.6
GCOW Pacer Global Cash Cows Dividend ETF 2.3 60 -10 12.5 +6.0
INNO Harbor Disruptive Innovation ETF 2.3 75 -25 1.6 -4.9
CRTC Xtrackers US National Critical Technologies ETF 2.3 35 15 5.1 -1.4
AUMI Themes Gold Miners ETF 2.3 35 15 10.4 +3.9
BLLD JPMorgan Sustainable Infrastructure ETF 2.3 49 1 5.7 -0.8
GLOF iShares Global Equity Factor ETF 2.2 20 30 7.0 +0.5
ISHP First Trust Nasdaq Retail ETF 2.2 60 -10 2.9 -3.6
VT Vanguard Total World Stock ETF 2.2 7 43 5.5 -1.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 2.2 9 41 5.4 -1.1
COPX Global X Copper Miners ETF 2.1 65 -15 8.2 +1.7
ICOP iShares Copper and Metals Mining ETF 2.1 47 3 10.1 +3.6
PICK iShares MSCI Global Metals & Mining Producers ETF 2.1 39 11 12.8 +6.4
COPA Themes Copper Miners ETF 2.1 35 15 7.3 +0.8
BKWO BNY Mellon Women's Opportunities ETF 2.1 50 0 3.9 -2.6
CGIE Capital Group International Equity ETF 2.0 54 -4 4.9 -1.6
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.0 47 3 9.4 +2.9
LNGG Roundhill Alerian LNG ETF 2.0 65 -15 9.1 +2.6
JXI iShares Global Utilities ETF 2.0 43 7 5.9 -0.6
AMZA InfraCap MLP ETF 2.0 164 -114 4.2 -2.3
TOLL Tema Monopolies and Oligopolies ETF 1.9 75 -25 3.3 -3.2
RVRB Reverb ETF 1.9 30 20 4.7 -1.8
ECLN First Trust EIP Carbon Impact ETF 1.9 96 -46 4.3 -2.2
MOTG VanEck Morningstar Global Wide Moat ETF 1.9 52 -2 5.6 -0.9
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 1.8 45 5 5.7 -0.8
MVPS Amplify Thematic All-Stars ETF 1.8 49 1 2.7 -3.8
CGUS Capital Group Core Equity ETF 1.8 33 17 4.4 -2.1
MBOX Freedom Day Dividend ETF 1.8 39 11 7.4 +0.9
CGDV Capital Group Dividend Value ETF 1.7 33 17 5.6 -0.9
TOGA Tremblant Global ETF 1.7 69 -19 1.9 -4.6
CCSO Carbon Collective Climate Solutions US Equity ETF 1.7 35 15 1.9 -4.6
DINT Davis Select International ETF 1.7 55 -5 6.0 -0.5
DWLD Davis Select Worldwide ETF 1.7 63 -13 6.7 +0.2
EPU iShares MSCI Peru and Global Exposure ETF 1.7 59 -9 5.5 -1.0
SILJ ETFMG Prime Junior Silver Miners ETF 1.7 69 -19 1.5 -5.0
EMLP First Trust North American Energy Infrastructure Fund 1.7 95 -45 4.5 -2.0
SFYF SoFi Social 50 ETF 1.7 29 21 -2.2 -8.7
CZA Invesco Zacks Mid-Cap ETF 1.6 72 -22 5.6 -0.9
ACTV LeaderShares Activist Leaders ETF 1.6 75 -25 6.7 +0.2
FFOG Franklin Focused Growth ETF FOCUSED GROWTH ETF 1.6 61 -11 2.8 -3.7
FDIG Fidelity Crypto Industry and Digital Payments ETF 1.5 39 11 -1.7 -8.1
FDG American Century Focused Dynamic Growth ETF 1.5 45 5 2.6 -3.9
DUSA Davis Select U.S. Equity ETF 1.5 61 -11 7.1 +0.6
DIVL Madison Dividend Value ETF 1.5 65 -15 5.5 -1.0
EIPI FT Energy Income Partners Enhanced Income ETF 1.5 110 -60 5.1 -1.4
GBUY Goldman Sachs Future Consumer Equity ETF 1.4 75 -25 3.3 -3.2
IXN iShares Global Tech ETF 1.4 41 9 4.5 -2.0
AMID Argent Mid Cap ETF Argent Mid Cap ETF 1.3 52 -2 6.7 +0.2
GOAU U.S. Global GO GOLD and Precious Metal Miners ETF 1.3 60 -10 4.8 -1.7
DGT SPDR Global Dow ETF 1.3 50 0 6.8 +0.3
RXI iShares Global Consumer Discretionary ETF 1.2 41 9 5.4 -1.1
FNDC Schwab Fundamental International Small Co. Index ETF 1.2 39 11 7.2 +0.7
WCLD WisdomTree Cloud Computing Fund 1.2 45 5 1.5 -5.0
EXI iShares Global Industrials ETF 1.2 42 8 4.5 -2.0
IPKW Invesco International BuyBack Achievers ETF 1.2 55 -5 11.0 +4.5
FBCV Fidelity Blue Chip Value ETF 1.2 59 -9 7.0 +0.5
KXI iShares Global Consumer Staples ETF 1.2 41 9 5.7 -0.8
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.1 49 1 7.0 +0.5
MDLV Morgan Dempsey Large Cap Value ETF 1.1 58 -8 7.8 +1.4
FDTX Fidelity Disruptive Technology ETF 1.1 50 0 2.8 -3.7
SETM Sprott Energy Transition Materials ETF 1.1 65 -15 6.0 -0.5
GMET VanEck Green Metals ETF 1.1 63 -13 10.7 +4.2
MOTI VanEck Morningstar International Moat ETF 1.1 58 -8 5.9 -0.6
UIVM VictoryShares International Value Momentum ETF 1.1 35 15 11.0 +4.5
ESGG FlexShares STOXX Global ESG Select Index Fund 1.1 42 8 5.1 -1.4
SAMT Strategas Macro Thematic Opportunities ETF 1.1 65 -15 4.1 -2.4
VCLN Virtus Duff & Phelps Clean Energy ETF 1.1 59 -9 3.9 -2.6
ARKQ ARK Autonomous Technology & Robotics ETF 1.1 75 -25 2.4 -4.1
URA Global X Uranium ETF 1.1 69 -19 2.4 -4.1
LOUP Innovator Deepwater Frontier Tech ETF 1.1 70 -20 1.3 -5.2
SWP SWP Growth & Income ETF 1.1 99 -49 4.1 -2.4
URAN Themes Uranium & Nuclear ETF 1.1 35 15 1.9 -4.6
IBUY Amplify Online Retail ETF 1.1 65 -15 1.4 -5.1
ANEW ProShares MSCI Transformational Changes ETF 1.1 45 5 3.6 -2.9
BECO BlackRock Future Climate and Sustainable Economy ETF 1.1 70 -20 11.9 +5.4
FTAG First Trust Indxx Global Agriculture ETF 1.1 70 -20 9.7 +3.2
IVEG iShares Emergent Food and AgTech Multisector ETF 1.1 47 3 8.0 +1.5
VEGI iShares MSCI Agriculture Producers ETF 1.1 39 11 9.2 +2.7
JIG JPMorgan International Growth ETF 1.1 55 -5 4.6 -1.9
QLV FlexShares US Quality Low Volatility Index Fund 1.1 22 28 3.8 -2.7
QUVU Hartford Quality Value ETF 1.0 46 4 6.6 +0.1
ARTY iShares Future AI & Tech ETF 1.0 47 3 3.8 -2.7
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 1.0 75 -25 3.4 -3.1
TIME Clockwise Core Equity & Innovation ETF 1.0 95 -45 2.3 -4.2
GINN Goldman Sachs Innovate Equity ETF 1.0 52 -2 2.8 -3.7
HART IQ Healthy Hearts ETF 1.0 45 5 5.0 -1.5
EATZ AdvisorShares Restaurant ETF 0.9 101 -51 3.2 -3.3
GTEK Goldman Sachs Future Tech Leaders Equity ETF 0.9 75 -25 2.9 -3.6
NXTG First Trust Indxx NextG ETF 0.9 70 -20 6.2 -0.3
WLDR Affinity World Leaders Equity ETF 0.9 67 -17 8.1 +1.6
GINX SGI Enhanced Global Income ETF 0.9 98 -48 5.6 -0.9
CGGO Capital Group Global Growth Equity ETF 0.8 47 3 4.6 -1.9
RAYD Rayliant Quantitative Developed Market Equity ETF 0.8 80 -30 3.8 -2.7
CVY Invesco Zacks Multi-Asset Income ETF 0.8 106 -56 9.8 +3.3
TRFM AAM Transformers ETF 0.8 49 1 2.0 -4.5
AFK VanEck Africa Index ETF 0.8 98 -48 9.1 +2.6
EBIZ Global X E-Commerce ETF 0.8 50 0 2.1 -4.4
RFG Invesco S&P Midcap 400 Pure Growth ETF 0.8 35 15 5.1 -1.4
RUNN Running Oak Efficient Growth ETF 0.8 58 -8 4.5 -2.0
AIVL WisdomTree U.S. AI Enhanced Value Fund 0.8 38 12 5.7 -0.8
WDNA WisdomTree BioRevolution Fund 0.8 45 5 -3.8 -10.3
IXP iShares Global Comm Services ETF 0.7 42 8 5.1 -1.4
BINV Brandes International ETF 0.7 70 -20 8.5 +2.0
DARP Grizzle Growth ETF 0.7 75 -25 3.3 -3.2
ION ProShares S&P Global Core Battery Metals ETF 0.7 58 -8 15.5 +9.0
DMAT Global X Disruptive Materials ETF 0.7 59 -9 10.5 +4.0
BATT Amplify Lithium & Battery Technology ETF 0.7 59 -9 -0.1 -6.6
ACWV iShares MSCI Global Min Vol Factor ETF 0.7 20 30 6.3 -0.2
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.7 65 -15 8.2 +1.7
XT iShares Exponential Technologies ETF 0.7 46 4 4.8 -1.7
DFIS Dimensional International Small Cap ETF 0.7 39 11 6.9 +0.4
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.6 58 -8 4.6 -1.9
JOET Virtus Terranova US Quality Momentum ETF 0.6 29 21 4.7 -1.8
RGEF Rockefeller Global Equity ETF 0.6 55 -5 5.0 -1.5
LRGC AB US Large Cap Strategic Equities ETF 0.6 48 2 4.6 -1.9
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.6 15 35 6.7 +0.2
FSMO Fidelity Small-Mid Cap Opportunities ETF 0.6 60 -10 6.4 -0.1
CVAR Cultivar ETF 0.6 87 -37 6.7 +0.2
FFLC Fidelity Fundamental Large Cap Core ETF 0.6 38 12 4.8 -1.7
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.5 75 -25 4.3 -2.2
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.5 10 40 7.7 +1.2
SDG iShares MSCI Global Sustainable Development Goals ETF 0.5 49 1 5.6 -0.9
KNCT Invesco Next Gen Connectivity ETF 0.5 40 10 5.6 -0.9
PRAY FIS Christian Stock Fund 0.4 69 -19 5.9 -0.6
BTEK Future Tech ETF 0.4 88 -38 2.3 -4.2
EBLU Ecofin Global Water ESG Fund 0.4 40 10 4.9 -1.6
FIXT Procure Disaster Recovery Strategy ETF 0.4 75 -25 5.8 -0.7
PHO Invesco Water Resources ETF 0.4 60 -10 4.4 -2.1
PIO Invesco Global Water ETF 0.4 75 -25 5.2 -1.3
EFRA iShares Environmental Infrastructure and Industrials ETF 0.4 47 3 4.9 -1.6
AHOY Newday Ocean Health ETF 0.4 75 -25 6.2 -0.3
ISCF iShares International SmallCap Equity Factor ETF 0.4 23 27 9.1 +2.6
CIBR First Trust NASDAQ Cybersecurity ETF 0.4 60 -10 4.1 -2.4
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 0.4 20 30 5.6 -0.9
QQQJ Invesco NASDAQ Next Gen 100 ETF 0.4 15 35 4.5 -2.0
EV Mast Global Battery Recycling & Production ETF 0.4 65 -15 12.2 +5.7
BCDF Horizon Kinetics Blockchain Development ETF 0.4 85 -35 3.9 -2.6
SAGP Strategas Global Policy Opportunities ETF 0.4 65 -15 5.3 -1.2
WRND IQ Global Equity R&D Leaders ETF 0.4 18 32 7.5 +1.0
XMAG Defiance Large Cap ex-Mag 7 ETF 0.4 35 15 5.1 -1.4
INCE Franklin Income Equity Focus ETF 0.3 29 21 5.7 -0.8
VRAI Virtus Real Asset Income ETF 0.3 55 -5 8.0 +1.5
AGQI First Trust Active Global Quality Income ETF 0.3 85 -35 5.9 -0.6
EINC VanEck Energy Income ETF 0.3 48 2 3.6 -2.9
FSMD Fidelity Small-Mid Multifactor ETF 0.3 15 35 6.8 +0.3
PPA Invesco Aerospace & Defense ETF 0.3 58 -8 2.5 -4.0
FBCG Fidelity Blue Chip Growth ETF 0.3 59 -9 2.8 -3.7
DRIV Global X Autonomous & Electric Vehicles ETF 0.3 68 -18 4.8 -1.7
DMDV AAM S&P Developed Markets High Dividend Value ETF 0.3 39 11 12.1 +5.6
FMIL Fidelity New Millennium ETF 0.3 59 -9 4.8 -1.7
TEMP JPMorgan Climate Change Solutions ETF 0.2 49 1 5.5 -1.0
CUT Invesco MSCI Global Timber ETF 0.2 61 -11 8.4 +1.9
ERTH Invesco MSCI Sustainable Future ETF 0.2 62 -12 3.6 -2.9
WOOD iShares Global Timber & Forestry ETF 0.2 42 8 9.8 +3.3
EQAL Invesco Russell 1000 Equal Weight ETF 0.2 20 30 6.3 -0.2
JGRO JPMorgan Active Growth ETF 0.2 44 6 3.5 -3.0
PEX ProShares Global Listed Private Equity ETF 0.2 81 -31 11.7 +5.2
PSP Invesco Global Listed Private Equity ETF 0.2 106 -56 7.7 +1.2
DISV Dimensional International Small Cap Value ETF 0.2 42 8 9.1 +2.7
RWK Invesco S&P MidCap 400 Revenue ETF 0.2 39 11 6.9 +0.5
FRNW Fidelity Clean Energy ETF 0.2 39 11 2.6 -3.9
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.2 24 26 7.3 +0.8
OCEN IQ Clean Oceans ETF 0.2 45 5 6.1 -0.4
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.2 15 35 5.8 -0.7
GXG Global X MSCI Colombia ETF 0.2 62 -12 15.8 +9.3
PBD Invesco Global Clean Energy ETF 0.2 75 -25 -5.3 -11.8
PBW Invesco WilderHill Clean Energy ETF 0.2 66 -16 -13.7 -20.2
ICLN iShares Global Clean Energy ETF 0.2 41 9 6.0 -0.5
SMDY Syntax Stratified MidCap ETF 0.2 35 15 5.8 -0.7
ACVF American Conservative Values ETF 0.2 75 -25 4.2 -2.3
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.2 4 46 5.6 -0.9
CRUZ Defiance Hotel Airline and Cruise ETF 0.1 45 5 -4.6 -11.0
JETS U.S. Global Jets ETF 0.1 60 -10 -13.3 -19.8
AIRL Themes Airlines ETF 0.1 35 15 -16.7 -23.2
AVRE Avantis Real Estate ETF 0.1 17 33 5.9 -0.6
JRE Janus Henderson U.S. Real Estate ETF 0.1 65 -15 5.6 -0.9
ROOF IQ CBRE NextGen Real Estate ETF 0.1 60 -10 8.1 +1.6
DFGR Dimensional Global Real Estate ETF 0.1 22 28 6.2 -0.3
ERET iShares Environmentally Aware Real Estate ETF 0.1 30 20 6.5 -0.0
IFGL iShares International Developed Real Estate ETF 0.1 48 2 6.9 +0.5
REET iShares Global REIT ETF 0.1 14 36 6.2 -0.3
RWO SPDR Dow Jones Global Real Estate ETF 0.1 50 0 6.1 -0.4
RWX SPDR Dow Jones International Real Estate ETF 0.1 59 -9 7.4 +0.9
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.1 12 38 8.3 +1.8
NANC Unusual Whales Subversive Democratic Trading ETF 0.1 75 -25 3.9 -2.6
JVAL JPMorgan U.S. Value Factor ETF 0.1 12 38 7.8 +1.3
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 29 3.8 -2.7
QQQS Invesco NASDAQ Future Gen 200 ETF 0.1 20 30 -10.7 -17.2
APIE ActivePassive International Equity ETF 0.1 45 5 8.1 +1.6
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 38 6.2 -0.3
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.1 15 35 4.7 -1.8
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.1 18 32 7.2 +0.7
OPTZ Optimize Strategy Index ETF 0.1 50 0 2.9 -3.6
JHMM John Hancock Multifactor Mid Cap ETF 0.1 42 8 6.1 -0.4
AVDV Avantis International Small Cap Value ETF 0.0 36 14 8.1 +1.7
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 33 6.9 +0.4
JHML John Hancock Multifactor Large Cap ETF 0.0 29 21 5.3 -1.2
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 39 4.9 -1.6
FELV Fidelity Enhanced Large Cap Value ETF 0.0 18 32 6.4 -0.1
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.0 15 35 4.9 -1.6
GWX SPDR S&P International Small Cap ETF 0.0 40 10 6.5 -0.0

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

  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

Content on this tab for subscribers only

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 Canada 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 12.9 %
Divided by: Fwd. P/BV 1.8 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 6.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.52 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.