iShares MSCI Germany ETF
ALTAR
Score™		 5.9% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 17.6x P/Sales
ratio		 1.4x
P/BV
ratio		 2.0x Div.
yield		 2.2%


  • 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) $1,712
Currency USD
Expense ratio 50 bp
Distributions Semi-annual

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) $115,935
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
SIEMENS AG-REG 11.7 %
SAP AG 11.1 %
ALLIANZ SE-REG 10.1 %
SIEMENS ENERGY AG 6.7 %
DEUTSCHE TELEKOM AG 5.7 %
INFINEON TECHNOLOGIES AG 4.4 %
MUENCHENER RUECKVER AG-REG 4.0 %
DEUTSCHE BANK AG-REGISTERED 3.6 %
DEUTSCHE BOERSE AG 3.0 %
DEUTSCHE POST AG-REG 3.0 %
Total 63.3 %

TOP COUNTRY EXPOSURE
GERMANY 98.5 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
6.2% 7.7% 7.5% 7.9% 6.5%

Market Correlations
versus... Beta R-squared
S&P500 1.02 54%
MSCI EAFE 1.03 82%
MSCI Emg. Mkts. 0.50 49%

Technical Indicators
Recent close $43.57
30d moving avg. $42.35
Annualized volatility 18.9%
Short interest (ETF) 11.9%
Relative strength (RSI) 61

Liquidity measures
Avg. volume (thou.) 733
Turnover 1.9%
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 88.6 9 41 6.5 +0.7
FGM First Trust Germany AlphaDEX Fund 33.9 80 -30 4.9 -0.9
FEZ SPDR EURO STOXX 50 ETF 29.9 29 21 5.6 -0.3
HEZU iShares Currency Hedged MSCI Eurozone ETF 25.0 53 -3 5.4 -0.5
EZU iShares MSCI Eurozone ETF 25.0 52 -2 5.5 -0.4
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 20.6 45 5 5.4 -0.5
HEDJ WisdomTree Europe Hedged Equity Fund 19.7 58 -8 6.0 +0.1
DTAN Sparkline International Intangible Value ETF 17.6 55 -5 7.0 +1.1
OSEA Harbor International Compounders ETF 13.8 55 -5 4.4 -1.5
SHPP Pacer Industrials and Logistics ETF 13.5 60 -10 6.6 +0.8
IEV iShares Europe ETF 13.4 67 -17 5.8 -0.1
BBEU JPMorgan BetaBuilders Europe ETF 12.7 9 41 6.1 +0.2
FLEE Franklin FTSE Europe ETF 12.5 9 41 6.2 +0.3
EUFN iShares MSCI Europe Financials ETF 12.4 51 -1 6.3 +0.5
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 12.2 25 25 6.2 +0.3
IEUR iShares Core MSCI Europe ETF 12.1 11 39 6.3 +0.4
DBEU Xtrackers MSCI Europe Hedged Equity ETF 12.1 46 4 5.3 -0.6
VGK Vanguard FTSE Europe ETF 12.1 6 44 6.4 +0.6
SPEU SPDR Portfolio Europe ETF 11.7 7 43 6.4 +0.5
MOTO SmartETFs Smart Transportation & Technology ETF 11.6 68 -18 5.6 -0.2
CLNR IQ Cleaner Transport ETF 11.5 45 5 4.0 -1.9
IVLU iShares MSCI Intl Value Factor ETF 10.7 30 20 7.7 +1.8
JIRE JPMorgan International Research Enhanced Equity ETF 10.4 24 26 5.6 -0.3
OCEN IQ Clean Oceans ETF 10.4 45 5 4.6 -1.2
FEUZ First Trust Eurozone AlphaDEX ETF 10.0 80 -30 6.4 +0.6
JHMD John Hancock Multifactor Developed International ETF 9.4 39 11 6.0 +0.1
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 9.4 58 -8 9.2 +3.3
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 9.2 20 30 5.4 -0.4
EFG iShares MSCI EAFE Growth ETF 8.9 36 14 3.7 -2.1
CEFA Global X S&P Catholic Values Developed ex-US ETF 8.8 35 15 5.4 -0.4
HEFA iShares Currency Hedged MSCI EAFE ETF 8.7 35 15 5.6 -0.2
FIVA Fidelity International Value Factor ETF 8.7 18 32 7.0 +1.1
EFA iShares MSCI EAFE ETF 8.7 35 15 5.6 -0.3
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 8.6 79 -29 3.7 -2.1
EFV iShares MSCI EAFE Value ETF 8.4 34 16 7.2 +1.3
ESGD iShares ESG Aware MSCI EAFE ETF 8.4 20 30 5.6 -0.3
IMOM Alpha Architect International Quantitative Momentum ETF 8.4 49 1 4.5 -1.4
INEQ Columbia International Equity Income ETF 8.4 45 5 7.4 +1.5
STXI Strive International Developed Markets ETF 8.3 29 21 6.4 +0.5
EUDG WisdomTree Europe Quality Dividend Growth Fund 8.3 58 -8 6.3 +0.5
DFIV Dimensional International Value ETF 8.2 27 23 7.4 +1.5
GCOW Pacer Global Cash Cows Dividend ETF 8.1 60 -10 9.1 +3.3
IVSI Applied Finance IVS International Large ETF 8.1 65 -15 5.7 -0.2
DIHP Dimensional International High Profitability ETF 8.1 29 21 5.6 -0.2
FPXE First Trust IPOX Europe Equity Opportunities ETF 8.1 70 -20 4.1 -1.8
FENI Fidelity Enhanced International ETF 8.0 28 22 5.6 -0.3
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 8.0 9 41 7.5 +1.7
OEFA ALPS O’Shares International Developed Quality Dividend ETF 7.9 48 2 4.8 -1.1
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 7.9 36 14 5.1 -0.7
PATN Pacer Nasdaq International Patent Leaders ETF 7.8 65 -15 4.0 -1.9
NUDM Nuveen ESG International Developed Markets Equity ETF 7.7 31 19 5.3 -0.6
GSID Goldman Sachs MarketBeta International Equity ETF 7.7 20 30 5.6 -0.2
LEGR First Trust Indxx Innovative Transaction & Process ETF 7.5 65 -15 7.1 +1.2
DMXF iShares ESG Advanced MSCI EAFE ETF 7.5 12 38 4.7 -1.1
MOTI VanEck Morningstar International Moat ETF 7.5 58 -8 9.9 +4.1
DIVI Franklin International Core Dividend Tilt Index ETF 7.4 9 41 6.4 +0.5
IEFA iShares Core MSCI EAFE ETF 7.4 7 43 5.9 +0.0
GSIE Goldman Sachs ActiveBeta International Equity ETF 7.2 25 25 5.9 +0.1
IQDG WisdomTree International Quality Dividend Growth Fund 7.2 42 8 5.6 -0.2
IDMO Invesco S&P International Developed Momentum ETF 7.2 25 25 4.9 -0.9
QEFA SPDR MSCI EAFE StrategicFactors ETF 7.2 30 20 5.9 +0.0
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 7.2 58 -8 5.3 -0.6
CGIE Capital Group International Equity ETF 7.2 54 -4 4.4 -1.4
IDHQ Invesco S&P International Developed High Quality ETF 7.1 29 21 4.9 -0.9
FNDF Schwab Fundamental International Large Co. Index ETF 7.1 25 25 7.0 +1.2
SCHY Schwab International Dividend Equity ETF 7.0 14 36 8.3 +2.5
HFXI IQ FTSE International Equity Currency Neutral ETF 7.0 20 30 5.5 -0.4
BKIE BNY Mellon International Equity ETF 6.9 4 46 17.3 +11.5
IQSI IQ Candriam International Equity ETF 6.7 15 35 5.4 -0.4
AVIV Avantis International Large Cap Value ETF 6.7 25 25 6.6 +0.8
FEP First Trust Europe AlphaDEX Fund 6.7 80 -30 6.6 +0.8
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 6.7 45 5 6.4 +0.6
IDEV iShares Core MSCI International Developed Markets ETF 6.5 4 46 5.8 -0.0
DFAI Dimensional International Core Equity Market ETF 6.5 18 32 5.8 -0.0
IDOG ALPS International Sector Dividend Dogs ETF 6.5 50 0 8.9 +3.1
UMMA Wahed Dow Jones Islamic World ETF 6.4 65 -15 3.5 -2.3
IQLT iShares MSCI Intl Quality Factor ETF 6.4 30 20 5.3 -0.6
SCHF Schwab International Equity ETF 6.4 6 44 5.7 -0.2
DFSI Dimensional International Sustainability Core 1 ETF 6.3 24 26 5.5 -0.4
DFIC Dimensional International Core Equity 2 ETF 6.2 23 27 6.0 +0.2
DOL WisdomTree International LargeCap Dividend Fund 6.1 48 2 5.4 -0.5
INTF iShares International Equity Factor ETF 6.0 15 35 6.3 +0.4
JHID John Hancock International High Dividend ETF 6.0 46 4 7.6 +1.8
VEA Vanguard FTSE Developed Markets ETF 6.0 3 47 5.7 -0.1
VIGI Vanguard International Dividend Appreciation ETF 5.9 10 40 5.9 +0.0
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 5.9 12 38 5.2 -0.7
FTAG First Trust Indxx Global Agriculture ETF 5.9 70 -20 6.6 +0.8
ICOW Pacer Developed Markets International Cash Cows 100 ETF 5.9 65 -15 7.8 +1.9
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 5.8 20 30 5.5 -0.4
SPDW SPDR Portfolio Developed World ex-US ETF 5.7 3 47 5.6 -0.2
QINT American Century Quality Diversified International ETF 5.6 39 11 6.4 +0.5
DWMF WisdomTree International Multifactor Fund 5.6 38 12 6.8 +0.9
AVDE Avantis International Equity ETF 5.6 23 27 6.0 +0.1
AVSD Avantis Responsible International Equity ETF 5.6 23 27 5.8 -0.1
WRND IQ Global Equity R&D Leaders ETF 5.6 18 32 4.0 -1.8
PIEL Pacer International Export Leaders ETF 5.5 60 -10 4.0 -1.9
CLOD Themes Cloud Computing ETF 5.5 35 15 3.0 -2.8
RFDI First Trust Riverfront Dynamic Developed International ETF 5.5 83 -33 7.2 +1.4
FPXI First Trust International Equity Opportunities ETF 5.4 70 -20 4.0 -1.9
FDD First Trust Stoxx European Select Dividend Index Fund 5.4 58 -8 9.2 +3.3
EXI iShares Global Industrials ETF 5.3 42 8 3.6 -2.2
DXIV Dimensional International Vector Equity ETF 5.3 34 16 6.3 +0.5
PRNT 3D Printing ETF 5.3 66 -16 1.2 -4.7
UIVM VictoryShares International Value Momentum ETF 5.3 35 15 7.5 +1.7
BKCI BNY Mellon Concentrated International ETF 5.3 80 -30 4.9 -1.0
CWI SPDR MSCI ACWI ex-US ETF 5.2 30 20 6.2 +0.4
ACWX iShares MSCI ACWI ex U.S. ETF 5.1 34 16 6.1 +0.3
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 5.1 47 3 4.9 -0.9
DWM WisdomTree International Equity Fund 5.0 48 2 5.5 -0.4
WWJD Inspire International ETF 5.0 80 -30 6.0 +0.2
JIG JPMorgan International Growth ETF 4.9 55 -5 3.5 -2.3
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 4.9 40 10 5.6 -0.3
EUDV ProShares MSCI Europe Dividend Growers ETF 4.8 55 -5 5.8 -0.1
VEU Vanguard FTSE All-World ex-US Index Fund 4.7 4 46 6.5 +0.6
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 4.7 58 -8 3.6 -2.2
LVHI Franklin International Low Volatility High Dividend Index ET 4.7 40 10 7.3 +1.5
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 4.6 80 -30 5.3 -0.5
IMFL Invesco International Developed Dynamic Multifactor ETF 4.6 34 16 5.1 -0.8
IMTM iShares MSCI Intl Momentum Factor ETF 4.5 30 20 4.6 -1.3
VSGX Vanguard ESG International Stock ETF 4.5 10 40 6.3 +0.5
FIDI Fidelity International High Dividend ETF 4.5 18 32 6.9 +1.1
GXUS Goldman Sachs MarketBeta Total International Equity ETF 4.5 18 32 6.1 +0.3
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 4.5 39 11 6.7 +0.8
KOCG FIS Knights of Columbus Global Belief ETF 4.5 75 -25 4.6 -1.3
JIVE JPMorgan International Value ETF 4.5 55 -5 7.7 +1.9
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 4.5 41 9 5.9 0.0
IXUS iShares Core MSCI Total International Stock ETF 4.4 7 43 6.4 +0.5
VXUS Vanguard Total International Stock ETF 4.4 5 45 6.4 +0.5
FDRV Fidelity Electric Vehicles and Future Transportation ETF 4.4 39 11 1.2 -4.7
AIVI WisdomTree International AI Enhanced Value Fund 4.4 58 -8 5.9 +0.1
VYMI Vanguard International High Dividend Yield ETF 4.3 17 33 7.6 +1.7
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 4.3 14 36 5.1 -0.7
JXI iShares Global Utilities ETF 4.2 43 7 5.4 -0.5
ROBO ROBO Global Robotics & Automation Index ETF 4.2 95 -45 2.5 -3.4
FICS First Trust International Developed Capital Strength ETF 4.1 70 -20 6.6 +0.8
FAN First Trust Global Wind Energy ETF 4.1 60 -10 3.0 -2.9
NATO Themes Transatlantic Defense ETF 4.1 35 15 2.0 -3.9
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 4.1 32 18 5.2 -0.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 3.8 30 20 6.2 +0.3
DINT Davis Select International ETF 3.7 55 -5 5.9 +0.1
IDV iShares International Select Dividend ETF 3.7 51 -1 8.9 +3.0
DGT State Street SPDR Global Dow ETF 3.7 50 0 5.5 -0.3
GSIB Themes Global Systemically Important Banks ETF 3.6 35 15 7.3 +1.5
RODM Hartford Multifactor Developed Markets (ex-US) ETF 3.6 29 21 6.9 +1.0
DTH WisdomTree International High Dividend Fund 3.6 58 -8 7.0 +1.1
EFAV iShares MSCI EAFE Min Vol Factor ETF 3.5 22 28 5.5 -0.4
MOTG VanEck Morningstar Global Wide Moat ETF 3.5 52 -2 7.9 +2.1
TPIF Timothy Plan International ETF 3.5 62 -12 5.4 -0.5
FBOT Fidelity Disruptive Automation ETF 3.4 50 0 2.9 -3.0
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 3.4 39 11 6.0 +0.2
FGD First Trust Dow Jones Global Select Dividend Index Fund 3.3 56 -6 9.1 +3.3
CGXU Capital Group International Focus Equity ETF 3.3 54 -4 3.6 -2.2
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 3.3 80 -30 3.6 -2.2
EFAD ProShares MSCI EAFE Dividend Growers ETF 3.3 50 0 5.5 -0.3
POW VistaShares Electrification Supercycle ETF 3.1 75 -25 2.4 -3.5
SHLD Global X Defense Tech ETF 3.1 50 0 3.2 -2.6
LOUP Innovator Deepwater Frontier Tech ETF 3.1 70 -20 1.0 -4.9
NETZ TCW Transform Systems ETF 3.1 75 -25 1.5 -4.4
GEW Cambria Global EW ETF 3.1 29 21 5.3 -0.6
BCDF Horizon Kinetics Blockchain Development ETF 3.0 85 -35 3.6 -2.3
KBWR Invesco KBW Regional Banking ETF 3.0 35 15 8.5 +2.6
VCLN Virtus Duff & Phelps Clean Energy ETF 3.0 59 -9 2.6 -3.2
GTEK Goldman Sachs Future Tech Leaders Equity ETF 3.0 75 -25 1.9 -4.0
IXG iShares Global Financials ETF 3.0 42 8 5.8 -0.1
RCGE RockCreek Global Equality ETF 3.0 95 -45 5.8 -0.0
KNO AXS Knowledge Leaders ETF 2.9 78 -28 3.9 -1.9
IBAT iShares Energy Storage & Materials ETF 2.9 47 3 1.6 -4.2
WAR U.S. Global Tech and Aerospace & Defense ETF 2.9 60 -10 0.2 -5.7
MXI iShares Global Materials ETF 2.9 41 9 5.7 -0.2
XT iShares Exponential Technologies ETF 2.9 46 4 4.0 -1.9
IXP iShares Global Comm Services ETF 2.8 42 8 5.8 -0.0
KROP Global X AgTech & Food Innovation ETF 2.8 50 0 6.0 +0.2
MOO VanEck Agribusiness ETF 2.8 53 -3 8.3 +2.5
IDNA iShares Genomics Immunology and Healthcare ETF 2.8 47 3 -0.3 -6.2
HAP VanEck Natural Resources ETF 2.8 50 0 6.2 +0.3
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 2.8 42 8 4.0 -1.8
INFL Horizon Kinetics Inflation Beneficiaries ETF 2.8 85 -35 2.6 -3.3
DIVS SmartETFs Dividend Builder ETF 2.8 65 -15 4.3 -1.6
IGRO iShares International Dividend Growth ETF 2.7 15 35 6.5 +0.7
FRGN Horizon International Equity ETF 2.7 75 -25 7.5 +1.7
AIQ Global X Artificial Intelligence & Technology ETF 2.7 68 -18 2.7 -3.1
ICPY Tweedy, Browne International Insider Value ETF 2.7 80 -30 20.2 +14.4
IOO iShares Global 100 ETF 2.6 41 9 3.8 -2.1
DRIV Global X Autonomous & Electric Vehicles ETF 2.6 68 -18 3.4 -2.5
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 2.6 24 26 6.7 +0.9
IGF iShares Global Infrastructure ETF 2.6 41 9 4.4 -1.5
GII SPDR S&P Global Infrastructure ETF 2.6 40 10 4.4 -1.5
BLES Inspire Global Hope ETF 2.6 61 -11 5.6 -0.3
FID First Trust S&P International Dividend Aristocrats ETF 2.5 60 -10 7.4 +1.6
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 2.3 46 4 5.3 -0.6
FTRI First Trust Indxx Global Natural Resources Income ETF 2.3 70 -20 6.1 +0.3
QWLD SPDR MSCI World StrategicFactors ETF 2.3 30 20 5.1 -0.8
RXI iShares Global Consumer Discretionary ETF 2.3 41 9 8.6 +2.7
DWLD Davis Select Worldwide ETF 2.3 63 -13 6.9 +1.0
HUMN Roundhill Humanoid Robotics ETF 2.3 75 -25 1.5 -4.4
WUGI AXS Esoterica NextG Economy ETF 2.3 75 -25 1.5 -4.3
FDT First Trust Developed Markets ex-US AlphaDEX Fund 2.3 80 -30 6.5 +0.7
VIDI Vident International Equity Strategy ETF 2.3 61 -11 7.9 +2.0
TOK iShares MSCI Kokusai ETF 2.2 26 24 4.2 -1.6
DSTX Distillate International Fundamental Stability & Value ETF 2.2 55 -5 6.3 +0.4
FDEV Fidelity International Multifactor ETF 2.2 18 32 6.9 +1.1
KLMT Invesco MSCI Global Climate 500 ETF 2.2 10 40 4.8 -1.0
KOKU Xtrackers MSCI Kokusai Equity ETF 2.2 9 41 4.3 -1.5
TTAI FCF International Quality ETF 2.1 59 -9 7.0 +1.2
IQDF FlexShares International Quality Dividend Index Fund 2.1 47 3 7.1 +1.3
URTH iShares MSCI World ETF 2.1 24 26 4.3 -1.6
COPY Tweedy, Browne Insider + Value ETF 2.1 80 -30 14.1 +8.3
EFAS Global X MSCI SuperDividend EAFE ETF 2.0 57 -7 6.9 +1.1
JPIN J.P. Morgan Diversified Return International Equity ETF 2.0 37 13 6.8 +0.9
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 2.0 60 -10 3.4 -2.4
CARZ First Trust NASDAQ Global Auto Index Fund 2.0 70 -20 2.4 -3.5
FEOE First Eagle Overseas Equity ETF 2.0 79 -29 5.9 +0.1
WDIV SPDR S&P Global Dividend ETF 1.9 40 10 8.7 +2.9
DFIS Dimensional International Small Cap ETF 1.9 39 11 5.9 +0.1
ACWI iShares MSCI ACWI ETF 1.9 32 18 4.6 -1.3
IDLV Invesco S&P International Developed Low Volatility ETF 1.9 25 25 6.2 +0.3
CZAR Themes Natural Monopoly ETF 1.8 35 15 5.3 -0.6
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.8 47 3 6.9 +1.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.8 9 41 4.8 -1.1
FRNW Fidelity Clean Energy ETF 1.7 39 11 2.0 -3.9
CGGO Capital Group Global Growth Equity ETF 1.7 47 3 4.0 -1.8
IDRV iShares Self-driving EV & Tech ETF 1.7 47 3 1.5 -4.4
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 1.7 25 25 5.5 -0.4
VT Vanguard Total World Stock ETF 1.7 6 44 4.9 -1.0
FPAG FPA Global Equity ETF 1.7 49 1 5.5 -0.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.6 20 30 4.7 -1.2
DIM WisdomTree International MidCap Dividend Fund 1.6 58 -8 6.1 +0.3
GINX SGI Enhanced Global Income ETF 1.6 98 -48 6.3 +0.5
RGEF Rockefeller Global Equity ETF 1.5 55 -5 3.8 -2.1
FEGE First Eagle Global Equity ETF 1.5 79 -29 5.8 -0.1
NXTG First Trust Indxx NextG ETF 1.5 70 -20 3.4 -2.4
HART IQ Healthy Hearts ETF 1.5 45 5 6.0 +0.1
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.5 72 -22 2.5 -3.4
TCAI Tortoise AI Infrastructure ETF 1.5 65 -15 1.4 -4.4
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.4 65 -15 1.3 -4.5
DEW WisdomTree Global High Dividend Fund 1.4 58 -8 7.0 +1.1
CGDG Capital Group Dividend Growers ETF 1.4 47 3 5.1 -0.8
GINN Goldman Sachs Innovate Equity ETF 1.4 52 -2 3.6 -2.2
IBLC iShares Blockchain and Tech ETF 1.4 47 3 -1.2 -7.1
WDNA WisdomTree BioRevolution Fund 1.3 45 5 -1.8 -7.6
IPAV Global X Infrastructure Development ex-U.S. ETF 1.3 55 -5 5.8 -0.0
IXJ iShares Global Healthcare ETF 1.3 42 8 6.1 +0.3
AGQI First Trust Active Global Quality Income ETF 1.2 85 -35 6.2 +0.4
ESGG FlexShares STOXX Global ESG Select Index Fund 1.2 42 8 3.9 -1.9
JGLO JPMorgan Global Select Equity ETF 1.2 33 17 4.2 -1.6
SDG iShares MSCI Global Sustainable Development Goals ETF 1.2 49 1 4.5 -1.4
DISV Dimensional International Small Cap Value ETF 1.1 42 8 7.6 +1.8
OGIG ALPS O'Shares Global Internet Giants ETF 1.1 48 2 2.4 -3.4
IXN iShares Global Tech ETF 1.1 41 9 2.6 -3.3
BINV Brandes International ETF 1.1 70 -20 8.2 +2.4
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.1 12 38 4.4 -1.5
FYLD Cambria Foreign Shareholder Yield ETF 1.1 59 -9 9.5 +3.6
ISCF iShares International SmallCap Equity Factor ETF 1.0 23 27 7.1 +1.2
ANEW ProShares MSCI Transformational Changes ETF 1.0 45 5 4.2 -1.6
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 1.0 65 -15 4.1 -1.8
FDTX Fidelity Disruptive Technology ETF 1.0 50 0 1.6 -4.3
QTUM Defiance Quantum ETF 0.9 40 10 3.8 -2.1
AGIX KraneShares Artificial Intelligence and Technology ETF 0.9 99 -49 1.1 -4.8
GLOF iShares Global Equity Factor ETF 0.9 20 30 5.4 -0.4
PCGG Polen Capital Global Growth ETF 0.9 85 -35 3.9 -2.0
FDRR Fidelity Dividend ETF for Rising Rates 0.8 15 35 5.5 -0.3
KXI iShares Global Consumer Staples ETF 0.8 41 9 5.4 -0.4
IFGL iShares International Developed Real Estate ETF 0.8 48 2 7.5 +1.6
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.8 12 38 8.6 +2.8
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.8 10 40 8.6 +2.8
ERET iShares Environmentally Aware Real Estate ETF 0.8 30 20 6.9 +1.1
ACWV iShares MSCI Global Min Vol Factor ETF 0.8 20 30 5.6 -0.3
SUPL ProShares Supply Chain Logistics ETF 0.8 58 -8 7.6 +1.8
JSTC Adasina Social Justice All Cap Global ETF 0.8 89 -39 4.3 -1.6
IQM Franklin Intelligent Machines ETF 0.8 50 0 1.2 -4.7
MDEV First Trust Indxx Medical Devices ETF 0.8 70 -20 4.8 -1.1
FDHT Fidelity Digital Health ETF 0.8 39 11 1.8 -4.1
HTEC ROBO Global Healthcare Technology and Innovation ETF 0.8 68 -18 2.0 -3.9
KNCT Invesco Next Gen Connectivity ETF 0.8 40 10 2.9 -2.9
GKAT Scharf Global Opportunity ETF 0.7 57 -7 5.7 -0.1
TMFG Motley Fool Global Opportunities ETF 0.7 85 -35 3.8 -2.1
GLBL Pacer MSCI World Industry Advantage ETF 0.7 65 -15 3.4 -2.5
IBUY Amplify Online Retail ETF 0.6 65 -15 2.3 -3.6
FDNI First Trust Dow Jones International Internet ETF 0.6 65 -15 26.0 +20.1
AQLT iShares MSCI Global Quality Factor ETF 0.5 18 32 0.0 -5.9
DRNZ REX Drone ETF 0.5 65 -15 -1.9 -7.7
ISHP First Trust Nasdaq Retail ETF 0.5 60 -10 5.4 -0.5
APIE ActivePassive International Equity ETF 0.5 45 5 6.2 +0.4
FNDC Schwab Fundamental International Small Co. Index ETF 0.4 39 11 6.5 +0.7
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.4 49 1 5.8 -0.0
AGNG Global X Aging Population ETF 0.4 50 0 4.2 -1.7
SAGP Strategas Global Policy Opportunities ETF 0.4 65 -15 4.8 -1.1
IVAL Alpha Architect International Quantitative Value ETF 0.4 49 1 7.3 +1.5
CGV Conductor Global Equity Value ETF 0.4 130 -80 7.6 +1.7
HELX Franklin Genomic Advancements ETF 0.4 50 0 -1.3 -7.1
FFLC Fidelity Fundamental Large Cap Core ETF 0.4 38 12 3.8 -2.0
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.3 86 -36 13.4 +7.5
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.3 60 -10 9.2 +3.3
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 0.3 86 -36 0.2 -5.7
OND ProShares On-Demand ETF 0.3 58 -8 0.5 -5.3
JEDI Defiance Drone and Modern Warfare ETF 0.3 69 -19 1.3 -4.5
JDOC JPMorgan Healthcare Leaders ETF 0.3 65 -15 3.3 -2.5
JETS U.S. Global Jets ETF 0.3 60 -10 2.6 -3.2
AIRL Themes Airlines ETF 0.3 35 15 1.7 -4.2
FINE Themes European Luxury ETF 0.3 35 15 3.8 -2.1
ARB AltShares Merger Arbitrage ETF 0.2 77 -27 2.7 -3.2
DTEC ALPS Disruptive Technologies ETF 0.2 50 0 3.5 -2.4
BULD Pacer BlueStar Engineering the Future ETF 0.2 60 -10 0.3 -5.6
GGME Invesco Next Gen Media and Gaming ETF 0.1 60 -10 4.5 -1.4
RVRB Reverb ETF 0.1 30 20 3.7 -2.1
IGPT Invesco AI and Next Gen Software ETF 0.0 60 -10 2.4 -3.5
WSGE Warren Street Global Equity ETF 0.0 80 -30 2.8 -3.0
TEKX SPDR Galaxy Transformative Tech Accelerators ETF 0.0 65 -15 0.0 -5.9

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 12.0 %
Divided by: Fwd. P/BV 1.9 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		 1.61 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.