iShares MSCI Sweden ETF
ALTAR
Score™		 5.4% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 18.8x P/Sales
ratio		 2.0x
P/BV
ratio		 2.4x Div.
yield		 2.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares MSCI Sweden Index Fund is an exchange-traded fund incorporated in the USA. The Fund's objective seeks to provide investment results that correspond to the performance of publicly traded securities in the Swedish market, as measured by the MSCI Sweden Index.

FUND BASICS
Category International Equities
Fund Sponsor Barclays Global Fund Advisors
Website www.ishares.com
Inception date Mar 12, 1996
Assets (mns) $317
Currency USD
Expense ratio 54 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 41
Wgt avg mkt cap (mns) $41,041
Large cap (>$10bn) 84.8%
Mid cap ($2-10bn) 15.2%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
SPOTIFY TECHNOLOGY SA 15.2 %
INVESTOR AB-B SHS 7.6 %
VOLVO AB-B SHS 6.7 %
ATLAS COPCO AB CLASS A 6.5 %
ASSA ABLOY AB CLASS B 5.2 %
SKANDINAVISKA ENSKILDA BANKEN AB C 4.2 %
SANDVIK AB 4.1 %
SWEDBANK AB - A SHARES 3.6 %
HEXAGON AB-B SHS 3.4 %
ATLAS COPCO AB CLASS B 3.3 %
Total 59.7 %

TOP COUNTRY EXPOSURE
SWEDEN 85.5 %
LUXEMBOURG 14.5 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru September 30)
Year-to-date 1 year 5 years 10 years Since Incep.
26.4% 8.7% 8.9% 8.2% 8.2%

Market Correlations
versus... Beta R-squared
S&P500 0.98 40%
MSCI EAFE 1.06 58%
MSCI Emg. Mkts. 0.80 38%

Technical Indicators
Recent close $46.92
30d moving avg. $47.26
Annualized volatility 20.8%
Short interest (ETF) 0.8%
Relative strength (RSI) 51

Liquidity measures
Avg. volume (thou.) 42
Turnover 0.6%
Bid/Ask (% of price) 0.10%
ADV underlying (mns) $1,511

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 323 potential alternatives to the iShares MSCI Sweden ETF ETF based on the alternatives' overlap in portfolio holdings with EWD. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EWD Expense: 54 bp ALTAR Score™: 5.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EWD
Ticker Fund
Name		 Overlap1
vs EWD
(%)		 Expense
ratio
(bp)		 Savings
vs EWD
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EWD
(%)
NBDS Neuberger Berman Disrupters ETF 9.4 55 -1 0.7 -4.7
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 9.3 65 -11 4.2 -1.2
OSEA Harbor International Compounders ETF 8.7 55 -1 4.9 -0.5
INEQ Columbia International Equity Income ETF 7.5 45 9 8.3 +2.9
FPXI First Trust International Equity Opportunities ETF 6.9 70 -16 4.3 -1.1
NBCC Neuberger Berman Next Generation Connected Consumer ETF 6.6 56 -2 0.3 -5.1
SAGP Strategas Global Policy Opportunities ETF 6.4 65 -11 5.5 +0.1
OEUR ALPS O'Shares Europe Quality Dividend ETF 6.2 48 6 5.9 +0.5
GGRW Gabelli Growth Innovators ETF 6.0 90 -36 2.4 -3.0
DIVS SmartETFs Dividend Builder ETF 6.0 65 -11 5.1 -0.3
BNGE First Trust S-Network Streaming and Gaming ETF 5.7 70 -16 2.7 -2.7
TPIF Timothy Plan International ETF 5.7 62 -8 6.4 +1.0
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 5.6 24 30 7.7 +2.3
IVAL Alpha Architect International Quantitative Value ETF 5.6 49 5 10.1 +4.7
DSTX Distillate International Fundamental Stability & Value ETF 5.6 55 -1 7.9 +2.5
DBEU Xtrackers MSCI Europe Hedged Equity ETF 5.5 46 8 6.6 +1.2
FDNI First Trust Dow Jones International Internet ETF 5.5 65 -11 21.1 +15.7
GGME Invesco Next Gen Media and Gaming ETF 5.5 60 -6 4.4 -1.0
DMXF iShares ESG Advanced MSCI EAFE ETF 5.4 12 42 5.6 +0.2
SSPX Janus Henderson U.S. Sustainable Equity ETF 5.4 55 -1 4.2 -1.2
EUFN iShares MSCI Europe Financials ETF 5.1 51 3 8.0 +2.6
TIME Clockwise Core Equity & Innovation ETF 5.1 95 -41 2.8 -2.5
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 5.1 80 -26 6.2 +0.8
IEUR iShares Core MSCI Europe ETF 5.0 11 43 7.4 +2.1
EFG iShares MSCI EAFE Growth ETF 5.0 36 18 4.4 -1.0
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 4.9 25 29 7.3 +2.0
CIL VictoryShares International Volatility Wtd ETF 4.8 45 9 6.8 +1.4
BBEU JPMorgan BetaBuilders Europe ETF 4.7 9 45 7.2 +1.9
DTAN Sparkline International Intangible Value ETF 4.7 55 -1 8.7 +3.4
IQDG WisdomTree International Quality Dividend Growth Fund 4.6 42 12 7.4 +2.1
IEV iShares Europe ETF 4.6 67 -13 6.9 +1.5
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 4.5 58 -4 7.1 +1.7
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 4.5 14 40 6.2 +0.9
FPXE First Trust IPOX Europe Equity Opportunities ETF 4.3 70 -16 5.0 -0.4
VGK Vanguard FTSE Europe ETF 4.2 6 48 7.6 +2.2
SOCL Global X Social Media ETF 4.2 65 -11 9.2 +3.9
SPEU SPDR Portfolio Europe ETF 4.2 7 47 7.5 +2.1
FLEE Franklin FTSE Europe ETF 4.2 9 45 7.3 +1.9
IDLV Invesco S&P International Developed Low Volatility ETF 4.1 25 29 6.5 +1.2
CGIE Capital Group International Equity ETF 4.1 54 0 5.1 -0.2
EUDG WisdomTree Europe Quality Dividend Growth Fund 4.1 58 -4 7.0 +1.6
FICS First Trust International Developed Capital Strength ETF 4.0 70 -16 7.5 +2.2
CEFA Global X S&P Catholic Values Developed ex-US ETF 4.0 35 19 6.7 +1.3
IQDF FlexShares International Quality Dividend Index Fund 4.0 47 7 9.1 +3.8
LOGO Alpha Brands Consumption Leaders ETF 4.0 69 -15 3.3 -2.1
IMOM Alpha Architect International Quantitative Momentum ETF 3.9 49 5 3.2 -2.2
OND ProShares On-Demand ETF 3.9 58 -4 0.7 -4.7
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 3.8 20 34 6.4 +1.0
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 3.7 12 42 6.0 +0.6
FEP First Trust Europe AlphaDEX Fund 3.7 80 -26 9.1 +3.7
EFAS Global X MSCI SuperDividend EAFE ETF 3.7 57 -3 8.6 +3.2
IDMO Invesco S&P International Developed Momentum ETF 3.7 25 29 5.4 0.0
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 3.6 36 18 6.5 +1.1
EFA iShares MSCI EAFE ETF 3.6 35 19 6.8 +1.4
FBOT Fidelity Disruptive Automation ETF 3.6 50 4 3.7 -1.7
IQLT iShares MSCI Intl Quality Factor ETF 3.6 30 24 6.3 +0.9
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 3.5 42 12 7.3 +1.9
RGEF Rockefeller Global Equity ETF 3.5 55 -1 4.8 -0.6
ESGD iShares ESG Aware MSCI EAFE ETF 3.4 20 34 6.8 +1.4
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 3.4 20 34 6.5 +1.1
IQDY FlexShares International Quality Dividend Dynamic Index Fund 3.4 47 7 8.5 +3.1
KNO AXS Knowledge Leaders ETF 3.4 78 -24 6.2 +0.8
DWMF WisdomTree International Multifactor Fund 3.3 38 16 7.2 +1.9
EXI iShares Global Industrials ETF 3.3 42 12 4.6 -0.8
NUDM Nuveen ESG International Developed Markets Equity ETF 3.3 31 23 6.2 +0.9
MOTO SmartETFs Smart Transportation & Technology ETF 3.2 68 -14 7.5 +2.1
GTEK Goldman Sachs Future Tech Leaders Equity ETF 3.2 75 -21 3.1 -2.3
COPY Tweedy, Browne Insider + Value ETF 3.2 80 -26 12.1 +6.8
PNQI Invesco NASDAQ Internet ETF 3.2 60 -6 3.5 -1.9
QGRO American Century U.S. Quality Growth ETF 3.1 29 25 3.7 -1.7
IEFA iShares Core MSCI EAFE ETF 3.1 7 47 7.1 +1.7
FDEV Fidelity International Multifactor ETF 3.1 18 36 7.6 +2.2
MILN Global X Millennial Consumer ETF 3.0 50 4 3.9 -1.5
IDOG ALPS International Sector Dividend Dogs ETF 3.0 50 4 12.5 +7.1
GSID Goldman Sachs MarketBeta International Equity ETF 3.0 20 34 7.0 +1.6
TEMP JPMorgan Climate Change Solutions ETF 3.0 49 5 5.7 +0.4
FEOE First Eagle Overseas Equity ETF 3.0 79 -25 7.9 +2.5
HFXI IQ FTSE International Equity Currency Neutral ETF 3.0 20 34 7.1 +1.7
CBSE Clough Select Equity ETF 3.0 85 -31 0.9 -4.5
GSIE Goldman Sachs ActiveBeta International Equity ETF 3.0 25 29 7.2 +1.9
DOL WisdomTree International LargeCap Dividend Fund 3.0 48 6 7.3 +1.9
UIVM VictoryShares International Value Momentum ETF 2.9 35 19 9.2 +3.8
IMFL Invesco International Developed Dynamic Multifactor ETF 2.9 34 20 6.2 +0.8
IDEV iShares Core MSCI International Developed Markets ETF 2.8 4 50 7.0 +1.6
IWFG IQ Winslow Focused Large Cap Growth ETF 2.7 65 -11 3.0 -2.4
DIM WisdomTree International MidCap Dividend Fund 2.7 58 -4 7.8 +2.4
IQSI IQ Candriam International Equity ETF 2.7 15 39 6.7 +1.3
SPDW SPDR Portfolio Developed World ex-US ETF 2.7 3 51 7.0 +1.7
BKIE BNY Mellon International Equity ETF 2.7 4 50 7.1 +1.8
TOGA Tremblant Global ETF 2.6 69 -15 2.0 -3.4
SHLD Global X Defense Tech ETF 2.6 50 4 3.0 -2.4
TTAI FCF International Quality ETF 2.6 59 -5 7.4 +2.0
ICOW Pacer Developed Markets International Cash Cows 100 ETF 2.6 65 -11 12.3 +6.9
GVIP Goldman Sachs Hedge Industry VIP ETF 2.6 45 9 3.2 -2.2
SAMM Strategas Macro Momentum ETF 2.6 66 -12 2.4 -3.0
DIVI Franklin International Core Dividend Tilt Index ETF 2.5 9 45 8.1 +2.7
LVHI Franklin International Low Volatility High Dividend Index ET 2.5 40 14 10.4 +5.0
BLCR iShares Large Cap Core Active ETF 2.5 36 18 3.7 -1.7
ABFL Abacus FCF Leaders ETF 2.5 59 -5 5.5 +0.2
FDTX Fidelity Disruptive Technology ETF 2.5 50 4 2.7 -2.7
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 2.5 40 14 7.5 +2.1
CCNR ALPS CoreCommodity Natural Resources ETF 2.5 39 15 10.5 +5.1
SCHF Schwab International Equity ETF 2.4 6 48 7.3 +1.9
DWX SPDR S&P International Dividend ETF 2.4 45 9 6.3 +1.0
JHMD John Hancock Multifactor Developed International ETF 2.4 39 15 7.7 +2.3
CGV Conductor Global Equity Value ETF 2.4 130 -76 8.5 +3.2
DWM WisdomTree International Equity Fund 2.4 48 6 7.5 +2.2
QINT American Century Quality Diversified International ETF 2.4 39 15 7.4 +2.0
SDG iShares MSCI Global Sustainable Development Goals ETF 2.4 49 5 5.9 +0.5
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 2.4 39 15 6.8 +1.5
DFIV Dimensional International Value ETF 2.3 27 27 9.8 +4.4
IGRO iShares International Dividend Growth ETF 2.3 15 39 7.4 +2.0
FDCF Fidelity Disruptive Communications ETF 2.3 50 4 2.8 -2.6
IBUY Amplify Online Retail ETF 2.3 65 -11 0.9 -4.5
IMTM iShares MSCI Intl Momentum Factor ETF 2.3 30 24 5.5 +0.1
RJMG FT Raymond James Multicap Growth Equity ETF 2.3 85 -31 2.0 -3.4
EFV iShares MSCI EAFE Value ETF 2.3 34 20 9.2 +3.8
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 2.2 41 13 7.4 +2.0
RODM Hartford Multifactor Developed Markets (ex-US) ETF 2.2 29 25 7.9 +2.5
BGRO iShares Large Cap Growth Active ETF 2.2 55 -1 3.2 -2.2
CWI SPDR MSCI ACWI ex-US ETF 2.2 30 24 7.6 +2.3
ACWX iShares MSCI ACWI ex U.S. ETF 2.2 34 20 7.7 +2.4
AVDE Avantis International Equity ETF 2.2 23 31 7.4 +2.0
VEA Vanguard FTSE Developed Markets ETF 2.2 3 51 7.3 +1.9
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 2.2 80 -26 5.0 -0.3
JIG JPMorgan International Growth ETF 2.2 55 -1 4.8 -0.6
ABOT Abacus FCF Innovation Leaders ETF 2.2 69 -15 4.8 -0.6
IDV iShares International Select Dividend ETF 2.2 51 3 10.9 +5.6
QEFA SPDR MSCI EAFE StrategicFactors ETF 2.2 30 24 7.1 +1.7
DFSI Dimensional International Sustainability Core 1 ETF 2.1 24 30 6.4 +1.0
JPIN J.P. Morgan Diversified Return International Equity ETF 2.1 37 17 8.6 +3.2
NXTG First Trust Indxx NextG ETF 2.1 70 -16 5.2 -0.2
AVSD Avantis Responsible International Equity ETF 2.1 23 31 5.7 +0.3
IPAV Global X Infrastructure Development ex-U.S. ETF 2.1 55 -1 7.8 +2.4
QMOM Alpha Architect U.S. Quantitative Momentum ETF 2.0 39 15 3.5 -1.9
DFAI Dimensional International Core Equity Market ETF 2.0 18 36 7.2 +1.8
IBOT Vaneck Robotics ETF 2.0 47 7 4.3 -1.1
DIHP Dimensional International High Profitability ETF 2.0 29 25 7.2 +1.9
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.9 18 36 8.0 +2.7
IXUS iShares Core MSCI Total International Stock ETF 1.9 7 47 7.9 +2.5
PSP Invesco Global Listed Private Equity ETF 1.9 106 -52 6.3 +0.9
RCGE RockCreek Global Equality ETF 1.9 95 -41 6.9 +1.5
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 1.9 45 9 8.9 +3.6
PPIE Putnam PanAgora ESG International Equity ETF 1.9 49 5 7.4 +2.1
PRNT 3D Printing ETF 1.8 66 -12 1.3 -4.1
VSGX Vanguard ESG International Stock ETF 1.8 10 44 7.7 +2.4
INTF iShares International Equity Factor ETF 1.8 15 39 7.7 +2.3
FIVA Fidelity International Value Factor ETF 1.8 18 36 9.9 +4.5
VEU Vanguard FTSE All-World ex-US Index Fund 1.8 4 50 8.2 +2.8
IVLU iShares MSCI Intl Value Factor ETF 1.8 30 24 10.6 +5.2
ROBO ROBO Global Robotics & Automation Index ETF 1.8 95 -41 3.4 -2.0
BJK VanEck Gaming ETF 1.7 65 -11 4.6 -0.8
BETZ Roundhill Sports Betting & iGaming ETF 1.7 75 -21 3.0 -2.4
ODDS Pacer BlueStar Digital Entertainment ETF 1.7 60 -6 2.4 -3.0
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.7 65 -11 2.0 -3.4
IDHQ Invesco S&P International Developed High Quality ETF 1.7 29 25 6.7 +1.3
VIGI Vanguard International Dividend Appreciation ETF 1.7 10 44 6.5 +1.1
RODE Hartford Multifactor Diversified International ETF 1.7 29 25 11.5 +6.1
RFEU First Trust Riverfront Dynamic Europe ETF 1.7 83 -29 10.6 +5.3
VXUS Vanguard Total International Stock ETF 1.6 5 49 7.9 +2.6
DFNV Donoghue Forlines Innovation ETF 1.6 69 -15 4.5 -0.9
IYC iShares U.S. Consumer Discretionary ETF 1.6 40 14 3.9 -1.5
STXI Strive International Developed Markets ETF 1.6 29 25 6.7 +1.3
ARKF ARK Fintech Innovation ETF 1.6 75 -21 -0.4 -5.8
JIRE JPMorgan International Research Enhanced Equity ETF 1.6 24 30 7.2 +1.9
CUT Invesco MSCI Global Timber ETF 1.6 61 -7 11.5 +6.1
WOOD iShares Global Timber & Forestry ETF 1.6 42 12 13.3 +7.9
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 1.6 39 15 8.0 +2.6
CZAR Themes Natural Monopoly ETF 1.5 35 19 5.8 +0.4
VFMV Vanguard U.S. Minimum Volatility ETF 1.5 13 41 5.9 +0.6
FNDF Schwab Fundamental International Large Co. Index ETF 1.5 25 29 9.6 +4.3
FDVV Fidelity High Dividend ETF 1.5 15 39 7.7 +2.4
BUYZ Franklin Disruptive Commerce ETF 1.5 50 4 2.3 -3.0
NETZ TCW Transform Systems ETF 1.5 75 -21 2.3 -3.1
EV Mast Global Battery Recycling & Production ETF 1.5 65 -11 10.6 +5.2
COPX Global X Copper Miners ETF 1.5 65 -11 6.1 +0.7
DMAT Global X Disruptive Materials ETF 1.5 59 -5 6.6 +1.3
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 1.5 85 -31 8.8 +3.4
ION ProShares S&P Global Core Battery Metals ETF 1.5 58 -4 8.7 +3.3
GMET VanEck Green Metals ETF 1.5 63 -9 7.6 +2.2
SILJ ETFMG Prime Junior Silver Miners ETF 1.5 69 -15 1.8 -3.6
COPA Themes Copper Miners ETF 1.5 35 19 4.9 -0.5
XITK SPDR FactSet Innovative Technology ETF 1.5 45 9 -0.3 -5.7
DTH WisdomTree International High Dividend Fund 1.5 58 -4 8.7 +3.3
VYMI Vanguard International High Dividend Yield ETF 1.4 17 37 9.8 +4.4
FIDI Fidelity International High Dividend ETF 1.4 18 36 8.7 +3.4
RWX SPDR Dow Jones International Real Estate ETF 1.4 59 -5 7.1 +1.8
PWB Invesco Large Cap Growth ETF 1.4 56 -2 3.1 -2.2
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 1.4 60 -6 3.6 -1.8
DFIC Dimensional International Core Equity 2 ETF 1.4 23 31 7.5 +2.1
JGRO JPMorgan Active Growth ETF 1.4 44 10 3.4 -2.0
IFGL iShares International Developed Real Estate ETF 1.3 48 6 7.2 +1.8
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.3 80 -26 9.6 +4.3
AVIV Avantis International Large Cap Value ETF 1.3 25 29 8.6 +3.2
CGGO Capital Group Global Growth Equity ETF 1.3 47 7 4.7 -0.7
TTAC FCF US Quality ETF 1.3 59 -5 6.4 +1.1
OGIG ALPS O'Shares Global Internet Giants ETF 1.3 48 6 1.6 -3.8
VFQY Vanguard U.S. Quality Factor ETF 1.3 13 41 6.6 +1.2
FAN First Trust Global Wind Energy ETF 1.2 60 -6 4.3 -1.1
UMMA Wahed Dow Jones Islamic World ETF 1.2 65 -11 5.3 -0.1
FNDC Schwab Fundamental International Small Co. Index ETF 1.2 39 15 5.9 +0.5
JSTC Adasina Social Justice All Cap Global ETF 1.2 89 -35 5.0 -0.4
FENI Fidelity Enhanced International ETF 1.2 28 26 6.6 +1.2
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.2 10 44 8.3 +2.9
WWJD Inspire International ETF 1.2 80 -26 7.5 +2.1
ARKW ARK Next Generation Internet ETF 1.2 87 -33 -0.4 -5.7
VFMO Vanguard U.S. Momentum Factor ETF 1.2 13 41 2.9 -2.5
IXG iShares Global Financials ETF 1.2 42 12 6.8 +1.4
FTRI First Trust Indxx Global Natural Resources Income ETF 1.2 70 -16 7.6 +2.3
GNR SPDR S&P Global Natural Resources ETF 1.2 40 14 11.1 +5.8
ESGG FlexShares STOXX Global ESG Select Index Fund 1.2 42 12 5.4 +0.0
JOET Virtus Terranova US Quality Momentum ETF 1.1 29 25 4.8 -0.6
DXIV Dimensional International Vector Equity ETF 1.1 34 20 8.0 +2.6
VWID Virtus WMC International Dividend ETF 1.1 49 5 8.6 +3.3
FDD First Trust Stoxx European Select Dividend Index Fund 1.1 58 -4 11.7 +6.3
FEGE First Eagle Global Equity ETF 1.0 79 -25 6.9 +1.5
GLOF iShares Global Equity Factor ETF 1.0 20 34 6.6 +1.2
KOKU Xtrackers MSCI Kokusai Equity ETF 1.0 9 45 5.2 -0.1
TOK iShares MSCI Kokusai ETF 0.9 26 28 5.0 -0.3
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.9 30 24 8.0 +2.6
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.9 12 42 8.2 +2.9
FXD First Trust Consumer Discretionary AlphaDEX Fund 0.9 61 -7 7.8 +2.5
PICK iShares MSCI Global Metals & Mining Producers ETF 0.9 39 15 11.8 +6.5
CHGX AXS Change Finance ESG ETF 0.9 49 5 4.8 -0.6
HAP VanEck Natural Resources ETF 0.9 50 4 9.3 +4.0
XT iShares Exponential Technologies ETF 0.9 46 8 4.8 -0.6
OPTZ Optimize Strategy Index ETF 0.9 50 4 4.7 -0.7
NATO Themes Transatlantic Defense ETF 0.9 35 19 2.4 -3.0
URTH iShares MSCI World ETF 0.9 24 30 5.1 -0.3
VFMF Vanguard U.S. Multifactor ETF 0.9 18 36 8.2 +2.8
CLOD Themes Cloud Computing ETF 0.9 35 19 3.2 -2.1
CTEC Global X CleanTech ETF 0.8 50 4 -0.1 -5.5
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.8 79 -25 4.8 -0.5
SMOG VanEck Low Carbon Energy ETF 0.8 61 -7 1.7 -3.7
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.8 46 8 10.0 +4.6
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.8 56 -2 11.2 +5.8
CGXU Capital Group International Focus Equity ETF 0.8 54 0 5.5 +0.1
ACWI iShares MSCI ACWI ETF 0.8 32 22 5.6 +0.2
ACVF American Conservative Values ETF 0.8 75 -21 4.4 -0.9
KLMT Invesco MSCI Global Climate 500 ETF 0.8 10 44 5.8 +0.4
WRND IQ Global Equity R&D Leaders ETF 0.8 18 36 8.1 +2.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.8 9 45 5.7 +0.3
CGDG Capital Group Dividend Growers ETF 0.7 47 7 6.4 +1.0
PBD Invesco Global Clean Energy ETF 0.7 75 -21 -0.4 -5.7
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.7 49 5 7.0 +1.6
PRAY FIS Christian Stock Fund 0.7 69 -15 5.4 -0.0
MXI iShares Global Materials ETF 0.7 41 13 7.6 +2.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.7 20 34 5.7 +0.3
VT Vanguard Total World Stock ETF 0.7 6 48 5.9 +0.5
INDS Pacer Industrial Real Estate ETF 0.7 55 -1 6.9 +1.6
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.7 12 42 5.2 -0.2
CARZ First Trust NASDAQ Global Auto Index Fund 0.7 70 -16 4.6 -0.8
OCEN IQ Clean Oceans ETF 0.7 45 9 6.1 +0.7
JMOM JPMorgan U.S. Momentum Factor ETF 0.7 12 42 4.6 -0.8
RWO SPDR Dow Jones Global Real Estate ETF 0.6 50 4 7.2 +1.9
QWLD SPDR MSCI World StrategicFactors ETF 0.6 30 24 6.0 +0.6
BLES Inspire Global Hope ETF 0.6 61 -7 6.9 +1.6
AIVI WisdomTree International AI Enhanced Value Fund 0.6 58 -4 7.3 +1.9
KNCT Invesco Next Gen Connectivity ETF 0.6 40 14 4.7 -0.7
QLC FlexShares US Quality Large Cap Index Fund 0.6 25 29 5.4 +0.0
IGPT Invesco AI and Next Gen Software ETF 0.6 60 -6 4.1 -1.3
DGT SPDR Global Dow ETF 0.6 50 4 7.0 +1.6
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.6 25 29 6.0 +0.6
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 0.6 9 45 9.3 +4.0
ERET iShares Environmentally Aware Real Estate ETF 0.6 30 24 7.5 +2.2
GCOW Pacer Global Cash Cows Dividend ETF 0.6 60 -6 11.2 +5.9
FLQL Franklin LibertyQ U.S. Equity ETF 0.5 15 39 5.4 +0.0
LRND IQ U.S. Large Cap R&D Leaders ETF 0.5 14 40 5.3 -0.0
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.5 12 42 4.6 -0.8
RAYD Rayliant Quantitative Developed Market Equity ETF 0.5 80 -26 4.4 -1.0
GQI Natixis Gateway Quality Income ETF 0.5 34 20 5.2 -0.1
DEW WisdomTree Global High Dividend Fund 0.4 58 -4 8.6 +3.2
KXI iShares Global Consumer Staples ETF 0.4 41 13 5.7 +0.3
IWY iShares Russell Top 200 Growth ETF 0.4 20 34 4.6 -0.8
FDG American Century Focused Dynamic Growth ETF 0.4 45 9 1.9 -3.5
LRGF iShares U.S. Equity Factor ETF 0.4 8 46 5.5 +0.1
GINN Goldman Sachs Innovate Equity ETF 0.4 52 2 3.6 -1.8
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.4 15 39 4.6 -0.8
RXI iShares Global Consumer Discretionary ETF 0.4 41 13 9.5 +4.1
JHID John Hancock International High Dividend ETF 0.4 46 8 9.6 +4.3
IWF iShares Russell 1000 Growth ETF 0.3 19 35 4.4 -0.9
VONG Vanguard Russell 1000 Growth ETF 0.3 7 47 4.5 -0.9
PATN Pacer Nasdaq International Patent Leaders ETF 0.3 65 -11 6.0 +0.6
IXP iShares Global Comm Services ETF 0.3 42 12 5.7 +0.3
XMAG Defiance Large Cap ex-Mag 7 ETF 0.3 35 19 5.2 -0.2
CGGR Capital Group Growth ETF 0.3 39 15 3.2 -2.2
IXN iShares Global Tech ETF 0.3 41 13 3.5 -1.9
AOTG AOT Growth and Innovation ETF 0.3 75 -21 1.7 -3.7
FBCG Fidelity Blue Chip Growth ETF 0.3 59 -5 2.9 -2.5
RECS Columbia Research Enhanced Core ETF 0.3 15 39 5.7 +0.4
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.2 29 25 4.6 -0.8
IWL iShares Russell Top 200 ETF 0.2 15 39 4.6 -0.7
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.2 7 47 4.8 -0.5
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.2 10 44 5.2 -0.2
ESGV Vanguard ESG U.S. Stock ETF 0.2 9 45 4.8 -0.6
DFSU Dimensional US Sustainability Core 1 ETF 0.2 18 36 5.5 +0.1
STXG Strive 1000 Growth ETF 0.2 18 36 3.9 -1.5
BKLC BNY Mellon US Large Cap Core Equity ETF 0.2 0 54 4.9 -0.4
MODL VictoryShares WestEnd U.S. Sector ETF 0.2 42 12 4.6 -0.8
VALQ American Century U.S. Quality Value ETF 0.2 29 25 8.0 +2.6
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.2 11 43 4.9 -0.4
TOV JLens 500 Jewish Advocacy U.S. ETF 0.2 18 36 4.6 -0.7
DFUS Dimensional U.S. Equity ETF 0.2 9 45 4.9 -0.5
IWB iShares Russell 1000 ETF 0.2 15 39 4.9 -0.5
VONE Vanguard Russell 1000 ETF 0.2 7 47 5.0 -0.4
IWV iShares Russell 3000 ETF 0.2 20 34 4.8 -0.6
VTHR Vanguard Russell 3000 ETF 0.2 7 47 4.9 -0.5
STRV Strive 500 ETF 0.2 5 49 4.8 -0.5
RVRB Reverb ETF 0.2 30 24 4.6 -0.8
JHML John Hancock Multifactor Large Cap ETF 0.1 29 25 5.4 +0.0
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.1 14 40 4.9 -0.5
EBI Longview Advantage ETF 0.1 35 19 6.7 +1.3
DFAU Dimensional US Core Equity Market ETF 0.1 12 42 5.1 -0.3
DCOR Dimensional US Core Equity 1 ETF 0.1 14 40 5.5 +0.1
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 34 7.2 +1.9
ACWV iShares MSCI Global Min Vol Factor ETF 0.1 20 34 6.3 +0.9
DEUS Xtrackers Russell US Multifactor ETF 0.1 17 37 7.3 +1.9
THRO iShares U.S. Thematic Rotation Active ETF 0.1 90 -36 4.1 -1.3
EQAL Invesco Russell 1000 Equal Weight ETF 0.1 20 34 6.9 +1.6
AVUS Avantis U.S. Equity ETF 0.1 15 39 5.8 +0.5
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 37 5.6 +0.3
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 15 6.9 +1.5
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.0 30 24 4.4 -1.0

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%.

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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 Sweden 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 13.3 %
Divided by: Fwd. P/BV 2.2 x
Less: Expense ratio 54 bp
Equals: ALTAR Score 5.4 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.74 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.