iShares MSCI Sweden ETF
ALTAR
Score™		 6.6% info Recommen-
dation		 UNDERWEIGHT
2024E    2025E
P/E
ratio		 15.0x P/Sales
ratio		 1.8x
P/BV
ratio		 2.1x Div.
yield		 3.0%


  • 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) $332
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 44
Wgt avg mkt cap (mns) $35,791
Large cap (>$10bn) 81.7%
Mid cap ($2-10bn) 18.3%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
INVESTOR AB-B SHS 8.9 %
ATLAS COPCO AB CLASS A 8.2 %
VOLVO AB-B SHS 7.5 %
ASSA ABLOY AB CLASS B 5.7 %
LM ERICSSON TELEFON AB CLASS B 4.2 %
SKANDINAVISKA ENSKILDA BANKEN AB C 4.2 %
ATLAS COPCO AB CLASS B 4.2 %
SANDVIK AB 3.8 %
HEXAGON AB-B SHS 3.4 %
SWEDBANK AB - A SHARES 3.2 %
Total 53.3 %

TOP COUNTRY EXPOSURE
SWEDEN 98.8 %










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.
1.7% 30.7% 7.9% 5.5% 7.7%

Market Correlations
versus... Beta R-squared
S&P500 1.27 70%
MSCI EAFE 1.38 85%
MSCI Emg. Mkts. 1.04 47%

Technical Indicators
Recent close $37.78
30d moving avg. $41.70
Annualized volatility 26.5%
Short interest (ETF) 0.2%
Relative strength (RSI) 44

Liquidity measures
Avg. volume (thou.) 177
Turnover 2.0%
Bid/Ask (% of price) 0.03%
ADV underlying (mns) $1,249

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 240 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™: 6.6%


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
(%)
EQIN Columbia US Equity Income ETF 11.1 35 19 8.3 +1.7
OSEA Harbor International Compounders ETF 8.0 55 -1 4.3 -2.4
OEUR ALPS O'Shares Europe Quality Dividend ETF 6.3 48 6 5.7 -0.9
FEP First Trust Europe AlphaDEX Fund 6.3 80 -26 7.8 +1.2
EUFN iShares MSCI Europe Financials ETF 5.9 51 3 8.1 +1.5
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 5.7 80 -26 3.2 -3.4
TPIF Timothy Plan International ETF 5.4 62 -8 6.8 +0.2
DIVS SmartETFs Dividend Builder ETF 5.3 65 -11 5.0 -1.6
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 4.9 24 30 8.7 +2.0
BBEU JPMorgan BetaBuilders Europe ETF 4.8 9 45 7.1 +0.5
DMXF iShares ESG Advanced MSCI EAFE ETF 4.8 12 42 5.5 -1.1
DTAN Sparkline International Intangible Value ETF 4.8 55 -1 9.2 +2.5
DBEU Xtrackers MSCI Europe Hedged Equity ETF 4.7 46 8 6.5 -0.2
CIL VictoryShares International Volatility Wtd ETF 4.6 45 9 7.0 +0.4
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 4.6 51 3 7.1 +0.5
FIXT Procure Disaster Recovery Strategy ETF 4.5 75 -21 5.8 -0.8
IEV iShares Europe ETF 4.5 67 -13 6.6 -0.0
IQLT iShares MSCI Intl Quality Factor ETF 4.5 30 24 6.2 -0.4
SPEU SPDR Portfolio Europe ETF 4.5 7 47 7.1 +0.4
IEUR iShares Core MSCI Europe ETF 4.4 11 43 7.1 +0.4
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 4.4 25 29 7.2 +0.5
VGK Vanguard FTSE Europe ETF 4.4 11 43 7.1 +0.4
FLEE Franklin FTSE Europe ETF 4.4 9 45 7.2 +0.5
CZAR Themes Natural Monopoly ETF 4.2 35 19 6.3 -0.4
EUDG WisdomTree Europe Quality Dividend Growth Fund 4.1 58 -4 6.5 -0.1
EFG iShares MSCI EAFE Growth ETF 4.0 36 18 4.5 -2.1
FICS First Trust International Developed Capital Strength ETF 4.0 70 -16 5.3 -1.3
WWJD Inspire International ETF 4.0 80 -26 7.3 +0.7
TEMP JPMorgan Climate Change Solutions ETF 3.8 49 5 5.5 -1.2
UIVM VictoryShares International Value Momentum ETF 3.8 35 19 11.0 +4.4
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 3.7 65 -11 4.3 -2.3
IMOM Alpha Architect International Quantitative Momentum ETF 3.7 49 5 5.7 -0.9
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 3.7 80 -26 5.6 -1.0
MOTO SmartETFs Smart Transportation & Technology ETF 3.7 68 -14 7.3 +0.7
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 3.6 14 40 6.2 -0.4
KNO AXS Knowledge Leaders ETF 3.6 78 -24 4.9 -1.7
CGIE Capital Group International Equity ETF 3.5 54 0 4.9 -1.7
IDLV Invesco S&P International Developed Low Volatility ETF 3.5 25 29 6.2 -0.4
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 3.5 20 34 6.5 -0.1
IDHQ Invesco S&P International Developed High Quality ETF 3.4 29 25 6.5 -0.2
CEFA Global X S&P Catholic Values Developed ex-US ETF 3.4 35 19 6.6 -0.0
IQDG WisdomTree International Quality Dividend Growth Fund 3.4 42 12 6.8 +0.1
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 3.3 58 -4 6.4 -0.3
FPXE First Trust IPOX Europe Equity Opportunities ETF 3.2 70 -16 3.5 -3.1
IMFL Invesco International Developed Dynamic Multifactor ETF 3.2 34 20 5.9 -0.8
IDMO Invesco S&P International Developed Momentum ETF 3.2 25 29 5.9 -0.8
EFA iShares MSCI EAFE ETF 3.2 35 19 6.9 +0.3
DMDV AAM S&P Developed Markets High Dividend Value ETF 3.2 39 15 12.1 +5.4
BJK VanEck Gaming ETF 3.2 65 -11 1.4 -5.3
BETZ Roundhill Sports Betting & iGaming ETF 3.2 75 -21 1.6 -5.1
ODDS Pacer BlueStar Digital Entertainment ETF 3.2 60 -6 2.3 -4.3
GSID Goldman Sachs MarketBeta International Equity ETF 3.1 20 34 7.0 +0.3
IVAL Alpha Architect International Quantitative Value ETF 3.1 49 5 9.5 +2.9
CGV Conductor Global Equity Value ETF 3.1 130 -76 10.9 +4.3
FDEV Fidelity International Multifactor ETF 3.1 18 36 7.8 +1.2
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 3.0 36 18 6.6 -0.1
ESGD iShares ESG Aware MSCI EAFE ETF 3.0 20 34 6.9 +0.3
IQDF FlexShares International Quality Dividend Index Fund 3.0 47 7 12.9 +6.3
IDAT iShares Future Cloud 5G and Tech ETF 3.0 47 7 4.3 -2.3
RGEF Rockefeller Global Equity ETF 3.0 55 -1 5.0 -1.7
DIVI Franklin International Core Dividend Tilt Index ETF 3.0 9 45 8.1 +1.5
BOTT Themes Robotics & Automation ETF 3.0 35 19 4.7 -1.9
EXI iShares Global Industrials ETF 2.9 42 12 4.5 -2.1
HFXI IQ FTSE International Equity Currency Neutral ETF 2.9 20 34 7.1 +0.4
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 2.8 20 34 6.9 +0.3
BKIE BNY Mellon International Equity ETF 2.8 4 50 7.1 +0.5
RODM Hartford Multifactor Developed Markets (ex-US) ETF 2.8 29 25 8.6 +2.0
IEFA iShares Core MSCI EAFE ETF 2.8 7 47 7.1 +0.5
BNGE First Trust S-Network Streaming and Gaming ETF 2.7 70 -16 -3.5 -10.1
DSTX Distillate International Fundamental Stability & Value ETF 2.7 55 -1 8.0 +1.3
NXTG First Trust Indxx NextG ETF 2.7 70 -16 6.2 -0.4
GSIE Goldman Sachs ActiveBeta International Equity ETF 2.7 25 29 7.2 +0.6
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 2.7 12 42 5.9 -0.8
JHMD John Hancock Multifactor Developed International ETF 2.7 39 15 7.8 +1.1
TTAI FCF International Quality ETF 2.6 59 -5 5.6 -1.0
SCHF Schwab International Equity ETF 2.6 6 48 7.5 +0.8
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.6 47 7 9.4 +2.7
QINT American Century Quality Diversified International ETF 2.5 39 15 7.7 +1.1
IQSI IQ Candriam International Equity ETF 2.5 15 39 6.6 -0.0
IDEV iShares Core MSCI International Developed Markets ETF 2.5 4 50 7.1 +0.5
FENI Fidelity Enhanced International ETF 2.5 28 26 8.1 +1.4
SDG iShares MSCI Global Sustainable Development Goals ETF 2.4 49 5 5.6 -1.0
DFIV Dimensional International Value ETF 2.4 27 27 10.0 +3.3
DIHP Dimensional International High Profitability ETF 2.4 29 25 7.6 +1.0
EFV iShares MSCI EAFE Value ETF 2.4 34 20 9.4 +2.8
BIGFX Baron International Growth Retail 2.4 75 -21 3.1 -3.5
SPDW SPDR Portfolio Developed World ex-US ETF 2.4 3 51 7.2 +0.6
JIG JPMorgan International Growth ETF 2.4 55 -1 4.6 -2.0
IBOT Vaneck Robotics ETF 2.3 47 7 4.1 -2.5
JIRE JPMorgan International Research Enhanced Equity ETF 2.3 24 30 7.1 +0.5
IDRV iShares Self-driving EV & Tech ETF 2.3 47 7 -0.4 -7.1
VEA Vanguard FTSE Developed Markets ETF 2.3 5 49 7.3 +0.7
QEFA SPDR MSCI EAFE StrategicFactors ETF 2.3 30 24 7.3 +0.6
IPAV Global X Infrastructure Development ex-U.S. ETF 2.3 55 -1 9.7 +3.1
IDOG ALPS International Sector Dividend Dogs ETF 2.3 50 4 12.8 +6.2
FIVA Fidelity International Value Factor ETF 2.3 18 36 10.2 +3.6
DWMF WisdomTree International Multifactor Fund 2.2 38 16 7.4 +0.8
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 2.2 45 9 8.9 +2.3
IMTM iShares MSCI Intl Momentum Factor ETF 2.2 30 24 6.3 -0.3
DFSI Dimensional International Sustainability Core 1 ETF 2.2 24 30 6.5 -0.2
FIDI Fidelity International High Dividend ETF 2.2 18 36 10.9 +4.3
CUT Invesco MSCI Global Timber ETF 2.1 61 -7 8.4 +1.8
WOOD iShares Global Timber & Forestry ETF 2.1 42 12 9.8 +3.1
RWX SPDR Dow Jones International Real Estate ETF 2.1 59 -5 7.4 +0.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 2.1 39 15 7.5 +0.9
DFAI Dimensional International Core Equity Market ETF 2.1 18 36 7.3 +0.7
DOL WisdomTree International LargeCap Dividend Fund 2.0 48 6 7.9 +1.3
AVDE Avantis International Equity ETF 2.0 23 31 8.1 +1.4
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 2.0 40 14 7.9 +1.3
CGGO Capital Group Global Growth Equity ETF 2.0 47 7 4.6 -2.1
GXUS Goldman Sachs MarketBeta Total International Equity ETF 2.0 18 36 7.0 +0.4
ACWX iShares MSCI ACWI ex U.S. ETF 2.0 34 20 7.0 +0.3
FPXI First Trust International Equity Opportunities ETF 2.0 70 -16 4.9 -1.7
BLES Inspire Global Hope ETF 2.0 61 -7 6.4 -0.2
NUDM Nuveen ESG International Developed Markets Equity ETF 2.0 31 23 6.7 +0.1
CWI SPDR MSCI ACWI ex-US ETF 2.0 30 24 6.9 +0.3
RFEU First Trust Riverfront Dynamic Europe ETF 2.0 83 -29 11.1 +4.5
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 2.0 41 13 7.4 +0.8
DWM WisdomTree International Equity Fund 1.9 48 6 8.0 +1.3
PSP Invesco Global Listed Private Equity ETF 1.9 106 -52 7.7 +1.1
STXI Strive International Developed Markets ETF 1.9 29 25 6.9 +0.3
IVLU iShares MSCI Intl Value Factor ETF 1.9 30 24 11.4 +4.8
IQIN IQ 500 International ETF 1.9 25 29 9.2 +2.6
FNDF Schwab Fundamental International Large Co. Index ETF 1.9 25 29 9.9 +3.2
RODE Hartford Multifactor Diversified International ETF 1.9 29 25 11.8 +5.1
CCNR ALPS CoreCommodity Natural Resources ETF 1.9 39 15 11.0 +4.4
VEU Vanguard FTSE All-World ex-US Index Fund 1.8 8 46 7.3 +0.6
GNR SPDR S&P Global Natural Resources ETF 1.8 40 14 9.7 +3.1
DIM WisdomTree International MidCap Dividend Fund 1.8 58 -4 7.7 +1.1
VIGI Vanguard International Dividend Appreciation ETF 1.8 15 39 6.4 -0.2
AVSD Avantis Responsible International Equity ETF 1.8 23 31 7.1 +0.5
CGXU Capital Group International Focus Equity ETF 1.8 54 0 4.9 -1.8
INTF iShares International Equity Factor ETF 1.7 15 39 8.2 +1.5
IXUS iShares Core MSCI Total International Stock ETF 1.7 7 47 7.2 +0.6
IFGL iShares International Developed Real Estate ETF 1.7 48 6 6.9 +0.3
VSGX Vanguard ESG International Stock ETF 1.7 12 42 6.8 +0.1
VXUS Vanguard Total International Stock ETF 1.7 7 47 7.2 +0.6
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.7 80 -26 9.1 +2.4
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 1.6 39 15 7.4 +0.8
JPIN J.P. Morgan Diversified Return International Equity ETF 1.6 37 17 8.9 +2.2
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 1.6 42 12 8.1 +1.4
AVIV Avantis International Large Cap Value ETF 1.6 25 29 9.0 +2.3
DFIC Dimensional International Core Equity 2 ETF 1.5 23 31 7.7 +1.1
GMET VanEck Green Metals ETF 1.5 63 -9 10.7 +4.0
COPX Global X Copper Miners ETF 1.5 65 -11 8.2 +1.6
DMAT Global X Disruptive Materials ETF 1.5 59 -5 10.5 +3.9
EV Mast Global Battery Recycling & Production ETF 1.5 65 -11 12.2 +5.6
COPA Themes Copper Miners ETF 1.5 35 19 7.3 +0.7
IQDE FlexShares International Quality Dividend Defensive Index ET 1.5 47 7 14.8 +8.2
ION ProShares S&P Global Core Battery Metals ETF 1.5 58 -4 15.5 +8.9
PRNT 3D Printing ETF 1.5 66 -12 0.7 -6.0
VWID Virtus WMC International Dividend ETF 1.5 49 5 9.6 +2.9
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 1.4 9 45 9.9 +3.3
CID VictoryShares International High Div Volatility Wtd ETF 1.4 45 9 11.9 +5.3
ROBO ROBO Global Robotics & Automation Index ETF 1.4 95 -41 3.5 -3.2
VYMI Vanguard International High Dividend Yield ETF 1.4 22 32 9.8 +3.2
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.4 65 -11 0.2 -6.4
IPKW Invesco International BuyBack Achievers ETF 1.3 55 -1 11.0 +4.4
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 1.3 79 -25 5.1 -1.5
SMOG VanEck Low Carbon Energy ETF 1.3 61 -7 2.4 -4.3
FNDC Schwab Fundamental International Small Co. Index ETF 1.3 39 15 7.2 +0.6
SAGP Strategas Global Policy Opportunities ETF 1.3 65 -11 5.3 -1.4
SHLD Global X Defense Tech ETF 1.3 50 4 4.6 -2.0
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.3 10 44 7.7 +1.0
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.3 56 -2 13.5 +6.8
XT iShares Exponential Technologies ETF 1.2 46 8 4.8 -1.9
FAN First Trust Global Wind Energy ETF 1.2 60 -6 5.5 -1.1
IDV iShares International Select Dividend ETF 1.2 51 3 12.2 +5.6
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.2 12 42 8.3 +1.6
SILJ ETFMG Prime Junior Silver Miners ETF 1.2 69 -15 1.5 -5.1
ROOF IQ CBRE NextGen Real Estate ETF 1.2 60 -6 8.1 +1.5
INDS Pacer Industrial Real Estate ETF 1.2 55 -1 5.7 -1.0
JHID John Hancock International High Dividend ETF 1.2 46 8 11.3 +4.7
FDD First Trust Stoxx European Select Dividend Index Fund 1.2 58 -4 13.6 +7.0
UMMA Wahed Dow Jones Islamic World ETF 1.2 65 -11 4.6 -2.1
FDRR Fidelity Dividend ETF for Rising Rates 1.2 15 39 7.4 +0.8
ICOW Pacer Developed Markets International Cash Cows 100 ETF 1.1 65 -11 12.8 +6.1
GGME Invesco Next Gen Media and Gaming ETF 1.1 60 -6 3.5 -3.1
RAYD Rayliant Quantitative Developed Market Equity ETF 1.1 80 -26 3.8 -2.8
IXG iShares Global Financials ETF 1.1 42 12 6.2 -0.5
MOTI VanEck Morningstar International Moat ETF 1.1 58 -4 5.9 -0.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.1 30 24 8.0 +1.3
DTH WisdomTree International High Dividend Fund 1.0 58 -4 10.1 +3.5
PBD Invesco Global Clean Energy ETF 1.0 75 -21 -5.3 -11.9
IGRO iShares International Dividend Growth ETF 1.0 15 39 7.5 +0.9
WRND IQ Global Equity R&D Leaders ETF 1.0 18 36 7.5 +0.9
LVHI Franklin International Low Volatility High Dividend Index ET 1.0 40 14 10.1 +3.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.9 49 5 7.0 +0.3
NETZ TCW Transform Systems ETF 0.9 75 -21 3.6 -3.1
BNE Blue Horizon BNE ETF 0.9 87 -33 4.6 -2.0
HAP VanEck Natural Resources ETF 0.9 50 4 10.0 +3.3
MOTG VanEck Morningstar Global Wide Moat ETF 0.9 52 2 5.6 -1.0
ESGG FlexShares STOXX Global ESG Select Index Fund 0.9 42 12 5.1 -1.5
NATO Themes Transatlantic Defense ETF 0.9 35 19 3.2 -3.5
KOKU Xtrackers MSCI Kokusai Equity ETF 0.9 9 45 5.2 -1.4
TOK iShares MSCI Kokusai ETF 0.8 26 28 5.0 -1.6
PICK iShares MSCI Global Metals & Mining Producers ETF 0.8 39 15 12.8 +6.2
RWO SPDR Dow Jones Global Real Estate ETF 0.8 50 4 6.1 -0.5
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.8 46 8 9.3 +2.7
KNCT Invesco Next Gen Connectivity ETF 0.7 40 14 5.6 -1.1
URTH iShares MSCI World ETF 0.7 24 30 5.2 -1.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.7 9 45 5.4 -1.3
CARZ First Trust NASDAQ Global Auto Index Fund 0.7 70 -16 3.8 -2.8
DGT SPDR Global Dow ETF 0.7 50 4 6.8 +0.2
GQRE FlexShares Global Quality Real Estate Index Fund 0.7 45 9 5.9 -0.7
KLMT Invesco MSCI Global Climate 500 ETF 0.7 10 44 5.4 -1.2
ERET iShares Environmentally Aware Real Estate ETF 0.7 30 24 6.5 -0.2
ACWI iShares MSCI ACWI ETF 0.7 32 22 5.3 -1.4
DWX SPDR S&P International Dividend ETF 0.7 45 9 6.5 -0.2
MXI iShares Global Materials ETF 0.7 41 13 7.0 +0.4
IGPT Invesco AI and Next Gen Software ETF 0.6 60 -6 3.8 -2.8
PRAY FIS Christian Stock Fund 0.6 69 -15 5.9 -0.7
QWLD SPDR MSCI World StrategicFactors ETF 0.6 30 24 5.9 -0.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.6 20 34 5.2 -1.5
VT Vanguard Total World Stock ETF 0.6 7 47 5.5 -1.1
GLOF iShares Global Equity Factor ETF 0.6 20 34 7.0 +0.4
GCOW Pacer Global Cash Cows Dividend ETF 0.6 60 -6 12.5 +5.9
AIVI WisdomTree International AI Enhanced Value Fund 0.5 58 -4 8.5 +1.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.5 12 42 4.8 -1.9
KXI iShares Global Consumer Staples ETF 0.4 41 13 5.7 -0.9
DEW WisdomTree Global High Dividend Fund 0.4 58 -4 8.5 +1.9
PATN Pacer Nasdaq International Patent Leaders ETF 0.4 65 -11 6.5 -0.1
WLDR Affinity World Leaders Equity ETF 0.4 67 -13 8.1 +1.5
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.4 25 29 5.6 -1.0
RXI iShares Global Consumer Discretionary ETF 0.4 41 13 5.4 -1.3
FID First Trust S&P International Dividend Aristocrats ETF 0.4 60 -6 9.0 +2.3
VEGI iShares MSCI Agriculture Producers ETF 0.4 39 15 9.2 +2.6
WDIV SPDR S&P Global Dividend ETF 0.4 40 14 9.4 +2.7
SCHC Schwab International Small-Cap Equity ETF 0.3 11 43 6.6 -0.1
IPOS Renaissance International IPO ETF 0.3 80 -26 -0.8 -7.5
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.3 72 -18 1.0 -5.7
VIDI Vident International Equity Strategy ETF 0.3 61 -7 10.2 +3.6
CGGR Capital Group Growth ETF 0.3 39 15 3.2 -3.4
IXP iShares Global Comm Services ETF 0.3 42 12 5.1 -1.6
IXN iShares Global Tech ETF 0.3 41 13 4.5 -2.1
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 7 47 6.7 +0.1
IBUY Amplify Online Retail ETF 0.2 65 -11 1.4 -5.3
JSTC Adasina Social Justice All Cap Global ETF 0.1 89 -35 4.9 -1.7
EFAV iShares MSCI EAFE Min Vol Factor ETF 0.1 22 32 6.6 -0.1
IXJ iShares Global Healthcare ETF 0.1 42 12 6.5 -0.1

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 Sweden 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 14.4 %
Divided by: Fwd. P/BV 2.0 x
Less: Expense ratio 54 bp
Equals: ALTAR Score 6.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.75 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.