iShares MSCI Germany ETF
ALTAR
Score™		 5.9% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 17.2x P/Sales
ratio		 1.3x
P/BV
ratio		 1.8x Div.
yield		 2.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares MSCI Germany Index Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the German equity market, as measured by the MSCI Germany Index.

FUND BASICS
Category International Equities
Fund Sponsor Barclays Global Investors
Website www.ishares.com
Inception date Mar 12, 1996
Assets (mns) $1,736
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 54
Wgt avg mkt cap (mns) $114,867
Large cap (>$10bn) 97.5%
Mid cap ($2-10bn) 2.2%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
SAP AG 13.0 %
SIEMENS AG-REG 11.4 %
ALLIANZ SE-REG 8.7 %
DEUTSCHE TELEKOM AG 6.1 %
SIEMENS ENERGY AG 5.7 %
RHEINMETALL AG 5.1 %
MUENCHENER RUECKVER AG-REG 4.0 %
DEUTSCHE BANK AG-REGISTERED 3.6 %
INFINEON TECHNOLOGIES AG 3.2 %
DAIMLER AG-REGISTERED SHARES 2.6 %
Total 63.4 %

TOP COUNTRY EXPOSURE
GERMANY 99.5 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
35.8% 35.8% 8.6% 7.5% 6.4%

Market Correlations
versus... Beta R-squared
S&P500 0.71 50%
MSCI EAFE 1.10 84%
MSCI Emg. Mkts. 0.79 50%

Technical Indicators
Recent close $42.54
30d moving avg. $42.52
Annualized volatility 18.9%
Short interest (ETF) 8.2%
Relative strength (RSI) 59

Liquidity measures
Avg. volume (thou.) 2,218
Turnover 5.4%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $2,437

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 308 potential alternatives to the iShares MSCI Germany ETF ETF based on the alternatives' overlap in portfolio holdings with EWG. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EWG Expense: 50 bp ALTAR Score™: 5.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EWG
Ticker Fund
Name		 Overlap1
vs EWG
(%)		 Expense
ratio
(bp)		 Savings
vs EWG
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EWG
(%)
FLGR Franklin FTSE Germany ETF 93.7 9 41 6.6 +0.6
DAX Global X DAX Germany ETF 90.0 21 29 6.4 +0.4
FGM First Trust Germany AlphaDEX Fund 34.3 80 -30 6.0 +0.0
JIVE JPMorgan International Value ETF 30.3 55 -5 9.6 +3.7
FEZ SPDR EURO STOXX 50 ETF 29.1 29 21 5.7 -0.3
EZU iShares MSCI Eurozone ETF 26.5 52 -2 5.8 -0.2
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 23.8 45 5 6.2 +0.2
HEDJ WisdomTree Europe Hedged Equity Fund 20.7 58 -8 5.8 -0.2
INEQ Columbia International Equity Income ETF 16.9 45 5 7.6 +1.6
FEUZ First Trust Eurozone AlphaDEX ETF 15.4 80 -30 6.7 +0.7
IDMO Invesco S&P International Developed Momentum ETF 15.2 25 25 5.2 -0.8
DTAN Sparkline International Intangible Value ETF 15.2 55 -5 7.5 +1.6
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 15.0 25 25 6.5 +0.5
CLNR IQ Cleaner Transport ETF 14.5 45 5 4.9 -1.0
IEV iShares Europe ETF 14.1 67 -17 5.8 -0.1
DBEU Xtrackers MSCI Europe Hedged Equity ETF 14.0 46 4 6.0 +0.0
OSEA Harbor International Compounders ETF 14.0 55 -5 4.4 -1.5
BBEU JPMorgan BetaBuilders Europe ETF 13.9 9 41 6.3 +0.4
FLEE Franklin FTSE Europe ETF 13.8 9 41 6.3 +0.4
IEUR iShares Core MSCI Europe ETF 13.0 11 39 6.4 +0.4
EUFN iShares MSCI Europe Financials ETF 12.8 51 -1 6.9 +0.9
VGK Vanguard FTSE Europe ETF 12.6 6 44 6.5 +0.5
SPEU SPDR Portfolio Europe ETF 12.3 7 43 6.4 +0.5
IMOM Alpha Architect International Quantitative Momentum ETF 11.9 49 1 3.9 -2.1
MOTO SmartETFs Smart Transportation & Technology ETF 11.8 68 -18 5.5 -0.4
JIRE JPMorgan International Research Enhanced Equity ETF 11.5 24 26 6.3 +0.4
IVLU iShares MSCI Intl Value Factor ETF 11.2 30 20 8.8 +2.8
OCEN IQ Clean Oceans ETF 11.2 45 5 5.1 -0.9
DIVI Franklin International Core Dividend Tilt Index ETF 10.7 9 41 7.0 +1.0
FENI Fidelity Enhanced International ETF 10.4 28 22 5.7 -0.3
JHMD John Hancock Multifactor Developed International ETF 10.1 39 11 6.6 +0.6
EFG iShares MSCI EAFE Growth ETF 10.0 36 14 3.7 -2.3
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 9.9 20 30 5.5 -0.4
NUDM Nuveen ESG International Developed Markets Equity ETF 9.9 31 19 5.8 -0.1
SHPP Pacer Industrials and Logistics ETF 9.9 60 -10 7.7 +1.8
FEP First Trust Europe AlphaDEX Fund 9.9 80 -30 7.0 +1.0
CEFA Global X S&P Catholic Values Developed ex-US ETF 9.5 35 15 5.8 -0.2
EFA iShares MSCI EAFE ETF 9.5 35 15 5.8 -0.1
ESGD iShares ESG Aware MSCI EAFE ETF 9.3 20 30 5.8 -0.2
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 9.3 36 14 5.9 -0.1
STXI Strive International Developed Markets ETF 9.2 29 21 5.7 -0.2
GSIE Goldman Sachs ActiveBeta International Equity ETF 9.2 25 25 6.3 +0.3
EFV iShares MSCI EAFE Value ETF 9.0 34 16 7.8 +1.9
IMTM iShares MSCI Intl Momentum Factor ETF 8.9 30 20 4.7 -1.2
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 8.8 9 41 8.4 +2.4
GSID Goldman Sachs MarketBeta International Equity ETF 8.8 20 30 5.9 -0.0
EUDG WisdomTree Europe Quality Dividend Growth Fund 8.7 58 -8 5.9 -0.1
CGIE Capital Group International Equity ETF 8.7 54 -4 4.3 -1.7
PATN Pacer Nasdaq International Patent Leaders ETF 8.6 65 -15 4.6 -1.3
HFXI IQ FTSE International Equity Currency Neutral ETF 8.5 20 30 6.0 +0.1
DFIV Dimensional International Value ETF 8.5 27 23 8.1 +2.2
DMXF iShares ESG Advanced MSCI EAFE ETF 8.4 12 38 5.1 -0.9
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 8.3 20 30 5.7 -0.3
OEFA ALPS O’Shares International Developed Quality Dividend ETF 8.3 48 2 4.6 -1.3
FPXE First Trust IPOX Europe Equity Opportunities ETF 8.2 70 -20 3.3 -2.6
IEFA iShares Core MSCI EAFE ETF 8.1 7 43 6.2 +0.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 8.1 45 5 7.5 +1.6
IQSI IQ Candriam International Equity ETF 7.9 15 35 5.7 -0.2
IQDG WisdomTree International Quality Dividend Growth Fund 7.8 42 8 6.1 +0.2
BKIE BNY Mellon International Equity ETF 7.8 4 46 6.1 +0.2
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 7.7 58 -8 6.0 +0.0
DIHP Dimensional International High Profitability ETF 7.7 29 21 5.8 -0.1
LEGR First Trust Indxx Innovative Transaction & Process ETF 7.7 65 -15 7.3 +1.3
QEFA SPDR MSCI EAFE StrategicFactors ETF 7.6 30 20 6.1 +0.1
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 7.5 58 -8 7.3 +1.4
DOL WisdomTree International LargeCap Dividend Fund 7.5 48 2 6.2 +0.2
UIVM VictoryShares International Value Momentum ETF 7.4 35 15 7.6 +1.6
AVIV Avantis International Large Cap Value ETF 7.3 25 25 7.5 +1.5
FNDF Schwab Fundamental International Large Co. Index ETF 7.3 25 25 8.2 +2.3
SCHF Schwab International Equity ETF 7.2 6 44 6.3 +0.3
IDEV iShares Core MSCI International Developed Markets ETF 7.1 4 46 6.1 +0.2
ICOW Pacer Developed Markets International Cash Cows 100 ETF 7.1 65 -15 9.8 +3.8
IQLT iShares MSCI Intl Quality Factor ETF 7.0 30 20 5.4 -0.6
UMMA Wahed Dow Jones Islamic World ETF 7.0 65 -15 3.9 -2.0
BKCI BNY Mellon Concentrated International ETF 7.0 80 -30 4.6 -1.3
DFAI Dimensional International Core Equity Market ETF 6.9 18 32 6.1 +0.1
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 6.8 12 38 5.3 -0.7
INTF iShares International Equity Factor ETF 6.7 15 35 6.6 +0.7
FICS First Trust International Developed Capital Strength ETF 6.7 70 -20 6.5 +0.6
VEA Vanguard FTSE Developed Markets ETF 6.6 3 47 6.2 +0.2
DFSI Dimensional International Sustainability Core 1 ETF 6.6 24 26 5.5 -0.4
PRNT 3D Printing ETF 6.6 66 -16 1.7 -4.3
DFIC Dimensional International Core Equity 2 ETF 6.6 23 27 6.4 +0.4
PPIE Putnam PanAgora ESG International Equity ETF 6.6 49 1 7.0 +1.1
IDOG ALPS International Sector Dividend Dogs ETF 6.5 50 0 10.8 +4.9
SPDW SPDR Portfolio Developed World ex-US ETF 6.4 3 47 6.1 +0.1
AVDE Avantis International Equity ETF 6.4 23 27 6.4 +0.4
FIVA Fidelity International Value Factor ETF 6.3 18 32 8.1 +2.2
AVSD Avantis Responsible International Equity ETF 6.3 23 27 4.7 -1.3
RFDI First Trust Riverfront Dynamic Developed International ETF 6.3 83 -33 8.1 +2.2
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 6.2 47 3 5.8 -0.1
JHID John Hancock International High Dividend ETF 6.1 46 4 8.4 +2.5
FDD First Trust Stoxx European Select Dividend Index Fund 6.0 58 -8 9.9 +4.0
LVHI Franklin International Low Volatility High Dividend Index ET 6.0 40 10 9.2 +3.3
QINT American Century Quality Diversified International ETF 6.0 39 11 6.2 +0.3
DWM WisdomTree International Equity Fund 6.0 48 2 6.4 +0.5
IMFL Invesco International Developed Dynamic Multifactor ETF 5.9 34 16 5.0 -0.9
CIL VictoryShares International Volatility Wtd ETF 5.9 45 5 5.8 -0.2
WRND IQ Global Equity R&D Leaders ETF 5.8 18 32 6.7 +0.8
ACWX iShares MSCI ACWI ex U.S. ETF 5.8 34 16 6.5 +0.6
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 5.8 40 10 6.5 +0.5
GDFN Tema International Defense Innov ETF 5.7 75 -25 2.0 -4.0
FPXI First Trust International Equity Opportunities ETF 5.7 70 -20 3.6 -2.4
FIDI Fidelity International High Dividend ETF 5.7 18 32 7.5 +1.5
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 5.7 41 9 6.5 +0.5
WBAT WisdomTree Battery Value Chain and Innovation Fund 5.7 45 5 1.6 -4.3
CWI SPDR MSCI ACWI ex-US ETF 5.7 30 20 6.5 +0.6
DWMF WisdomTree International Multifactor Fund 5.5 38 12 6.5 +0.5
NATO Themes Transatlantic Defense ETF 5.5 35 15 1.6 -4.4
DXIV Dimensional International Vector Equity ETF 5.5 34 16 6.7 +0.7
EXI iShares Global Industrials ETF 5.5 42 8 3.7 -2.3
SHLD Global X Defense Tech ETF 5.5 50 0 2.3 -3.7
VWID Virtus WMC International Dividend ETF 5.4 49 1 7.4 +1.5
GXUS Goldman Sachs MarketBeta Total International Equity ETF 5.4 18 32 6.5 +0.6
LOUP Innovator Deepwater Frontier Tech ETF 5.3 70 -20 0.7 -5.3
EUDV ProShares MSCI Europe Dividend Growers ETF 5.3 55 -5 5.5 -0.4
VEU Vanguard FTSE All-World ex-US Index Fund 5.2 4 46 6.9 +1.0
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 5.1 58 -8 3.8 -2.1
IDHQ Invesco S&P International Developed High Quality ETF 5.1 29 21 5.4 -0.5
WWJD Inspire International ETF 5.1 80 -30 6.5 +0.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 5.1 39 11 6.9 +0.9
RODM Hartford Multifactor Developed Markets (ex-US) ETF 5.0 29 21 6.9 +1.0
IXUS iShares Core MSCI Total International Stock ETF 4.9 7 43 6.8 +0.8
VSGX Vanguard ESG International Stock ETF 4.9 10 40 6.7 +0.8
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 4.9 80 -30 5.5 -0.4
GCOW Pacer Global Cash Cows Dividend ETF 4.9 60 -10 9.7 +3.8
VXUS Vanguard Total International Stock ETF 4.8 5 45 6.9 +0.9
VYMI Vanguard International High Dividend Yield ETF 4.8 17 33 8.2 +2.3
FTAG First Trust Indxx Global Agriculture ETF 4.8 70 -20 7.5 +1.6
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 4.8 32 18 5.5 -0.4
VIGI Vanguard International Dividend Appreciation ETF 4.6 10 40 5.8 -0.2
KOCG FIS Knights of Columbus Global Belief ETF 4.5 75 -25 4.4 -1.5
DTH WisdomTree International High Dividend Fund 4.4 58 -8 7.5 +1.6
KNO AXS Knowledge Leaders ETF 4.4 78 -28 5.1 -0.9
MOTI VanEck Morningstar International Moat ETF 4.4 58 -8 9.3 +3.3
TPIF Timothy Plan International ETF 4.4 62 -12 5.4 -0.5
MOTG VanEck Morningstar Global Wide Moat ETF 4.4 52 -2 8.8 +2.9
DFAX Dimensional World ex U.S. Core Equity 2 ETF 4.4 30 20 6.6 +0.7
IDV iShares International Select Dividend ETF 4.3 51 -1 9.5 +3.6
CLOD Themes Cloud Computing ETF 4.3 35 15 3.1 -2.8
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 4.3 14 36 5.6 -0.3
FAN First Trust Global Wind Energy ETF 4.2 60 -10 3.8 -2.2
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 4.2 39 11 5.8 -0.1
PCGG Polen Capital Global Growth ETF 4.2 85 -35 3.6 -2.4
IPKW Invesco International BuyBack Achievers ETF 4.1 55 -5 8.0 +2.1
CGXU Capital Group International Focus Equity ETF 3.9 54 -4 4.8 -1.2
DGT State Street SPDR Global Dow ETF 3.9 50 0 6.0 +0.1
JXI iShares Global Utilities ETF 3.8 43 7 5.3 -0.6
AIVI WisdomTree International AI Enhanced Value Fund 3.8 58 -8 6.2 +0.3
EFAV iShares MSCI EAFE Min Vol Factor ETF 3.8 22 28 5.6 -0.4
FBOT Fidelity Disruptive Automation ETF 3.6 50 0 2.8 -3.1
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 3.6 80 -30 3.5 -2.5
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 3.6 24 26 6.4 +0.5
POW VistaShares Electrification Supercycle ETF 3.6 75 -25 2.8 -3.1
WAR U.S. Global Tech and Aerospace & Defense ETF 3.5 60 -10 4.6 -1.4
FDEV Fidelity International Multifactor ETF 3.5 18 32 6.6 +0.7
ICPY Tweedy, Browne International Insider Value ETF 3.5 80 -30 10.0 +4.1
DSTX Distillate International Fundamental Stability & Value ETF 3.5 55 -5 6.7 +0.8
EFAD ProShares MSCI EAFE Dividend Growers ETF 3.5 50 0 5.5 -0.5
GSIB Themes Global Systemically Important Banks ETF 3.4 35 15 8.4 +2.4
FDT First Trust Developed Markets ex-US AlphaDEX Fund 3.4 80 -30 7.3 +1.3
MXI iShares Global Materials ETF 3.3 41 9 6.1 +0.2
FGD First Trust Dow Jones Global Select Dividend Index Fund 3.2 56 -6 10.1 +4.2
FDRV Fidelity Electric Vehicles and Future Transportation ETF 3.2 39 11 -1.3 -7.2
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 3.2 79 -29 4.5 -1.4
XT iShares Exponential Technologies ETF 3.1 46 4 4.3 -1.7
ROBO ROBO Global Robotics & Automation Index ETF 3.1 95 -45 2.7 -3.2
IOO iShares Global 100 ETF 2.9 41 9 4.0 -1.9
IXG iShares Global Financials ETF 2.9 42 8 6.0 +0.1
SCHY Schwab International Dividend Equity ETF 2.9 14 36 8.8 +2.9
RCGE RockCreek Global Equality ETF 2.9 95 -45 6.1 +0.2
JIG JPMorgan International Growth ETF 2.9 55 -5 4.0 -1.9
VIDI Vident International Equity Strategy ETF 2.9 61 -11 9.2 +3.3
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.9 47 3 7.0 +1.1
AIQ Global X Artificial Intelligence & Technology ETF 2.8 68 -18 3.0 -2.9
JGLO JPMorgan Global Select Equity ETF 2.7 33 17 4.4 -1.5
JPIN J.P. Morgan Diversified Return International Equity ETF 2.7 37 13 7.3 +1.3
BLES Inspire Global Hope ETF 2.7 61 -11 6.1 +0.2
GEW Cambria Global EW ETF 2.7 29 21 5.4 -0.5
IVAL Alpha Architect International Quantitative Value ETF 2.7 49 1 9.0 +3.1
COPY Tweedy, Browne Insider + Value ETF 2.7 80 -30 10.3 +4.4
RXI iShares Global Consumer Discretionary ETF 2.7 41 9 7.3 +1.4
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 2.7 25 25 5.5 -0.4
TEKX SPDR Galaxy Transformative Tech Accelerators ETF 2.6 65 -15 -1.1 -7.1
IQDF FlexShares International Quality Dividend Index Fund 2.6 47 3 7.6 +1.7
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 2.6 42 8 5.6 -0.3
IGRO iShares International Dividend Growth ETF 2.6 15 35 6.3 +0.4
QWLD SPDR MSCI World StrategicFactors ETF 2.6 30 20 5.2 -0.8
TTAI FCF International Quality ETF 2.5 59 -9 6.5 +0.6
IBAT iShares Energy Storage & Materials ETF 2.5 47 3 2.4 -3.5
TOK iShares MSCI Kokusai ETF 2.5 26 24 4.4 -1.5
KOKU Xtrackers MSCI Kokusai Equity ETF 2.5 9 41 4.6 -1.3
IXP iShares Global Comm Services ETF 2.5 42 8 5.5 -0.5
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 2.4 60 -10 3.2 -2.7
DRIV Global X Autonomous & Electric Vehicles ETF 2.4 68 -18 4.1 -1.9
DIVS SmartETFs Dividend Builder ETF 2.4 65 -15 4.6 -1.3
INFL Horizon Kinetics Inflation Beneficiaries ETF 2.4 85 -35 2.9 -3.0
BCDF Horizon Kinetics Blockchain Development ETF 2.4 85 -35 3.6 -2.3
URTH iShares MSCI World ETF 2.3 24 26 4.5 -1.5
IDLV Invesco S&P International Developed Low Volatility ETF 2.3 25 25 6.2 +0.3
HART IQ Healthy Hearts ETF 2.3 45 5 5.4 -0.5
WUGI AXS Esoterica NextG Economy ETF 2.3 75 -25 2.4 -3.5
KLMT Invesco MSCI Global Climate 500 ETF 2.3 10 40 5.1 -0.9
WTAI WisdomTree Artificial Intelligence and Innovation Fund 2.3 45 5 2.2 -3.8
HAP VanEck Natural Resources ETF 2.2 50 0 7.6 +1.7
MOO VanEck Agribusiness ETF 2.2 53 -3 9.5 +3.5
IDNA iShares Genomics Immunology and Healthcare ETF 2.2 47 3 -2.9 -8.8
NETZ TCW Transform Systems ETF 2.2 75 -25 2.0 -3.9
SAGP Strategas Global Policy Opportunities ETF 2.2 65 -15 4.7 -1.3
FDTX Fidelity Disruptive Technology ETF 2.2 50 0 2.2 -3.7
DFIS Dimensional International Small Cap ETF 2.2 39 11 6.2 +0.3
ITOL Tema International Durable Quality ETF 2.1 60 -10 4.8 -1.1
ACWI iShares MSCI ACWI ETF 2.1 32 18 4.8 -1.1
IDRV iShares Self-driving EV & Tech ETF 2.1 47 3 3.1 -2.8
CGDG Capital Group Dividend Growers ETF 2.1 47 3 5.4 -0.5
CARZ First Trust NASDAQ Global Auto Index Fund 2.0 70 -20 3.4 -2.6
RGEF Rockefeller Global Equity ETF 2.0 55 -5 4.0 -2.0
GTEK Goldman Sachs Future Tech Leaders Equity ETF 2.0 75 -25 2.4 -3.5
NXTG First Trust Indxx NextG ETF 2.0 70 -20 4.4 -1.5
DEW WisdomTree Global High Dividend Fund 2.0 58 -8 7.6 +1.6
DIM WisdomTree International MidCap Dividend Fund 1.9 58 -8 6.5 +0.6
FEOE First Eagle Overseas Equity ETF 1.9 79 -29 6.0 +0.0
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.9 20 30 4.9 -1.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.8 9 41 5.0 -1.0
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.8 72 -22 -1.3 -7.2
IPAV Global X Infrastructure Development ex-U.S. ETF 1.8 55 -5 5.9 0.0
GINN Goldman Sachs Innovate Equity ETF 1.8 52 -2 3.3 -2.7
VT Vanguard Total World Stock ETF 1.8 6 44 5.2 -0.8
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 1.8 75 -25 6.6 +0.7
GINX SGI Enhanced Global Income ETF 1.7 98 -48 7.0 +1.1
FEGE First Eagle Global Equity ETF 1.7 79 -29 5.7 -0.3
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.6 65 -15 1.7 -4.3
IQM Franklin Intelligent Machines ETF 1.6 50 0 1.5 -4.5
VCLN Virtus Duff & Phelps Clean Energy ETF 1.5 59 -9 3.7 -2.3
IQRA IQ CBRE Real Assets ETF 1.5 65 -15 5.4 -0.5
IXN iShares Global Tech ETF 1.5 41 9 3.0 -3.0
IXJ iShares Global Healthcare ETF 1.5 42 8 5.8 -0.2
ESGG FlexShares STOXX Global ESG Select Index Fund 1.5 42 8 4.8 -1.2
ACWV iShares MSCI Global Min Vol Factor ETF 1.5 20 30 5.4 -0.6
ISCF iShares International SmallCap Equity Factor ETF 1.4 23 27 7.4 +1.5
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.4 10 40 6.4 +0.4
IFGL iShares International Developed Real Estate ETF 1.4 48 2 6.6 +0.6
SDG iShares MSCI Global Sustainable Development Goals ETF 1.4 49 1 4.9 -1.0
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.4 12 38 8.0 +2.1
BINV Brandes International ETF 1.4 70 -20 8.4 +2.4
ERET iShares Environmentally Aware Real Estate ETF 1.4 30 20 7.0 +1.0
LST Leuthold Select Industries ETF 1.4 91 -41 4.8 -1.1
FID First Trust S&P International Dividend Aristocrats ETF 1.3 60 -10 7.3 +1.4
QTUM Defiance Quantum ETF 1.3 40 10 4.3 -1.6
KNCT Invesco Next Gen Connectivity ETF 1.3 40 10 4.0 -1.9
CGGO Capital Group Global Growth Equity ETF 1.3 47 3 3.8 -2.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.3 12 38 4.4 -1.5
JSTC Adasina Social Justice All Cap Global ETF 1.3 89 -39 4.3 -1.6
IGF iShares Global Infrastructure ETF 1.2 41 9 4.4 -1.5
GII SPDR S&P Global Infrastructure ETF 1.2 40 10 4.4 -1.5
TCAI Tortoise AI Infrastructure ETF 1.2 65 -15 1.9 -4.1
FPAG FPA Global Equity ETF 1.2 49 1 5.0 -0.9
ANEW ProShares MSCI Transformational Changes ETF 1.2 45 5 4.7 -1.3
GLOF iShares Global Equity Factor ETF 1.2 20 30 6.0 +0.1
AGQI First Trust Active Global Quality Income ETF 1.1 85 -35 4.6 -1.3
WDIV SPDR S&P Global Dividend ETF 1.1 40 10 8.4 +2.4
JDOC JPMorgan Healthcare Leaders ETF 1.1 65 -15 3.4 -2.6
ISHP First Trust Nasdaq Retail ETF 1.1 60 -10 5.2 -0.7
OGIG ALPS O'Shares Global Internet Giants ETF 1.1 48 2 2.0 -3.9
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.1 61 -11 1.8 -4.1
WDNA WisdomTree BioRevolution Fund 1.0 45 5 -1.9 -7.9
FDNI First Trust Dow Jones International Internet ETF 1.0 65 -15 19.4 +13.4
FDHT Fidelity Digital Health ETF 0.9 39 11 1.3 -4.6
HTEC ROBO Global Healthcare Technology and Innovation ETF 0.9 68 -18 1.7 -4.3
MDEV First Trust Indxx Medical Devices ETF 0.9 70 -20 4.3 -1.7
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 0.9 65 -15 4.0 -1.9
FDRR Fidelity Dividend ETF for Rising Rates 0.9 15 35 6.3 +0.3
TMFG Motley Fool Global Opportunities ETF 0.9 85 -35 3.6 -2.3
KXI iShares Global Consumer Staples ETF 0.8 41 9 5.1 -0.8
GLBL Pacer MSCI World Industry Advantage ETF 0.7 65 -15 3.6 -2.4
CZAR Themes Natural Monopoly ETF 0.7 35 15 5.0 -1.0
WLDR Affinity World Leaders Equity ETF 0.6 67 -17 6.5 +0.6
DWX SPDR S&P International Dividend ETF 0.6 45 5 6.8 +0.9
DISV Dimensional International Small Cap Value ETF 0.6 42 8 8.0 +2.1
IBUY Amplify Online Retail ETF 0.6 65 -15 1.4 -4.6
FNDC Schwab Fundamental International Small Co. Index ETF 0.6 39 11 5.3 -0.7
AGNG Global X Aging Population ETF 0.5 50 0 4.0 -1.9
SUPL ProShares Supply Chain Logistics ETF 0.5 58 -8 9.5 +3.6
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.5 49 1 6.2 +0.2
APIE ActivePassive International Equity ETF 0.5 45 5 6.5 +0.5
BMED Future Health ETF 0.4 85 -35 0.2 -5.8
HELX Franklin Genomic Advancements ETF 0.4 50 0 -0.4 -6.3
BUYZ Franklin Disruptive Commerce ETF 0.4 50 0 2.1 -3.8
FINE Themes European Luxury ETF 0.3 35 15 6.5 +0.5
JEDI Defiance Drone and Modern Warfare ETF 0.3 69 -19 1.0 -5.0
IPOS Renaissance International IPO ETF 0.3 80 -30 1.7 -4.3
AIRL Themes Airlines ETF 0.3 35 15 2.0 -4.0
JETS U.S. Global Jets ETF 0.3 60 -10 2.2 -3.8
DTEC ALPS Disruptive Technologies ETF 0.3 50 0 3.5 -2.5
BULD Pacer BlueStar Engineering the Future ETF 0.3 60 -10 0.3 -5.7
TOGA Tremblant Global ETF 0.3 69 -19 1.3 -4.6
RWO SPDR Dow Jones Global Real Estate ETF 0.3 50 0 6.6 +0.7
RWX SPDR Dow Jones International Real Estate ETF 0.3 59 -9 6.6 +0.6
DINT Davis Select International ETF 0.3 55 -5 6.9 +0.9
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.3 86 -36 12.5 +6.5
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 0.3 86 -36 0.4 -5.5
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.3 60 -10 8.9 +3.0
OND ProShares On-Demand ETF 0.3 58 -8 -0.6 -6.5
GGME Invesco Next Gen Media and Gaming ETF 0.3 60 -10 4.4 -1.5
EFAS Global X MSCI SuperDividend EAFE ETF 0.2 57 -7 7.7 +1.8
IGPT Invesco AI and Next Gen Software ETF 0.1 60 -10 3.4 -2.6
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.1 68 -18 6.0 +0.1
RVRB Reverb ETF 0.1 30 20 4.1 -1.9

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 Germany ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 11.8 %
Divided by: Fwd. P/BV 1.8 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 5.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.62 CATEGORY
AVERAGE		 1.64
 
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.