iShares MSCI Germany ETF
ALTAR
Score™		 6.6% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 16.6x P/Sales
ratio		 1.3x
P/BV
ratio		 1.8x Div.
yield		 2.5%


  • 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) $1,765
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 55
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 13.5 %
SIEMENS AG-REG 10.7 %
ALLIANZ SE-REG 8.9 %
DEUTSCHE TELEKOM AG 6.3 %
SIEMENS ENERGY AG 5.5 %
MUENCHENER RUECKVER AG-REG 4.4 %
RHEINMETALL AG 4.2 %
DEUTSCHE BANK AG-REGISTERED 3.5 %
INFINEON TECHNOLOGIES AG 2.9 %
DEUTSCHE BOERSE AG 2.7 %
Total 62.6 %

TOP COUNTRY EXPOSURE
GERMANY 98.8 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru November 30)
Year-to-date 1 year 5 years 10 years Since Incep.
30.7% 28.9% 8.9% 6.7% 6.3%

Market Correlations
versus... Beta R-squared
S&P500 0.71 49%
MSCI EAFE 1.08 83%
MSCI Emg. Mkts. 0.78 49%

Technical Indicators
Recent close $41.14
30d moving avg. $40.78
Annualized volatility 18.9%
Short interest (ETF) 8.2%
Relative strength (RSI) 49

Liquidity measures
Avg. volume (thou.) 2,129
Turnover 5.0%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $2,437

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 312 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™: 6.6%


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
(%)
DAX Global X DAX Germany ETF 89.3 21 29 7.1 +0.5
FLGR Franklin FTSE Germany ETF 85.5 9 41 7.2 +0.6
FGM First Trust Germany AlphaDEX Fund 34.0 80 -30 6.8 +0.3
FEZ SPDR EURO STOXX 50 ETF 28.8 29 21 6.4 -0.2
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 28.4 45 5 6.8 +0.2
EZU iShares MSCI Eurozone ETF 26.4 52 -2 6.4 -0.2
HEDJ WisdomTree Europe Hedged Equity Fund 24.8 58 -8 6.4 -0.2
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 16.4 25 25 7.1 +0.5
DBEU Xtrackers MSCI Europe Hedged Equity ETF 15.6 46 4 6.5 -0.1
FEUZ First Trust Eurozone AlphaDEX ETF 15.2 80 -30 7.5 +0.9
IDMO Invesco S&P International Developed Momentum ETF 15.2 25 25 5.7 -0.9
BBEU JPMorgan BetaBuilders Europe ETF 14.9 9 41 7.0 +0.4
DTAN Sparkline International Intangible Value ETF 14.9 55 -5 8.1 +1.6
IEV iShares Europe ETF 14.0 67 -17 6.6 -0.0
FLEE Franklin FTSE Europe ETF 13.7 9 41 7.0 +0.4
EUFN iShares MSCI Europe Financials ETF 13.6 51 -1 7.7 +1.2
CLNR IQ Cleaner Transport ETF 13.2 45 5 5.2 -1.4
OSEA Harbor International Compounders ETF 13.2 55 -5 4.8 -1.8
IEUR iShares Core MSCI Europe ETF 12.8 11 39 7.1 +0.5
VGK Vanguard FTSE Europe ETF 12.5 6 44 7.2 +0.6
SPEU SPDR Portfolio Europe ETF 12.2 7 43 7.1 +0.5
MOTO SmartETFs Smart Transportation & Technology ETF 12.2 68 -18 6.4 -0.2
FIVA Fidelity International Value Factor ETF 11.8 18 32 9.1 +2.5
IVLU iShares MSCI Intl Value Factor ETF 10.9 30 20 9.6 +3.0
INEQ Columbia International Equity Income ETF 10.9 45 5 7.5 +0.9
FENI Fidelity Enhanced International ETF 10.9 28 22 6.2 -0.4
UIVM VictoryShares International Value Momentum ETF 10.6 35 15 8.4 +1.9
JHID John Hancock International High Dividend ETF 10.6 46 4 9.2 +2.6
JIRE JPMorgan International Research Enhanced Equity ETF 10.4 24 26 6.8 +0.2
AVIV Avantis International Large Cap Value ETF 10.3 25 25 8.2 +1.7
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 10.3 36 14 6.3 -0.3
SHPP Pacer Industrials and Logistics ETF 10.2 60 -10 8.3 +1.7
GSIE Goldman Sachs ActiveBeta International Equity ETF 10.1 25 25 6.9 +0.3
DIVI Franklin International Core Dividend Tilt Index ETF 10.0 9 41 7.5 +0.9
OCEN IQ Clean Oceans ETF 10.0 45 5 5.3 -1.3
HFXI IQ FTSE International Equity Currency Neutral ETF 9.9 20 30 6.6 -0.0
FEP First Trust Europe AlphaDEX Fund 9.8 80 -30 7.9 +1.3
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 9.8 20 30 6.1 -0.5
EFG iShares MSCI EAFE Growth ETF 9.8 36 14 4.1 -2.5
EUDG WisdomTree Europe Quality Dividend Growth Fund 9.7 58 -8 6.6 +0.0
IQSI IQ Candriam International Equity ETF 9.6 15 35 6.2 -0.4
GSID Goldman Sachs MarketBeta International Equity ETF 9.4 20 30 6.5 -0.1
EFA iShares MSCI EAFE ETF 9.4 35 15 6.4 -0.2
JHMD John Hancock Multifactor Developed International ETF 9.4 39 11 7.1 +0.6
STXI Strive International Developed Markets ETF 9.1 29 21 6.3 -0.3
ESGD iShares ESG Aware MSCI EAFE ETF 9.1 20 30 6.3 -0.3
CEFA Global X S&P Catholic Values Developed ex-US ETF 9.1 35 15 6.2 -0.4
DWMF WisdomTree International Multifactor Fund 8.7 38 12 7.0 +0.4
EFV iShares MSCI EAFE Value ETF 8.7 34 16 8.5 +1.9
NUDM Nuveen ESG International Developed Markets Equity ETF 8.7 31 19 5.9 -0.7
WRND IQ Global Equity R&D Leaders ETF 8.6 18 32 7.5 +0.9
DMXF iShares ESG Advanced MSCI EAFE ETF 8.5 12 38 5.4 -1.2
PATN Pacer Nasdaq International Patent Leaders ETF 8.5 65 -15 5.4 -1.2
BKIE BNY Mellon International Equity ETF 8.5 4 46 6.6 +0.0
CGIE Capital Group International Equity ETF 8.4 54 -4 4.9 -1.7
IMTM iShares MSCI Intl Momentum Factor ETF 8.4 30 20 5.2 -1.4
LVHI Franklin International Low Volatility High Dividend Index ET 8.3 40 10 10.1 +3.5
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 8.3 20 30 6.1 -0.5
DFIV Dimensional International Value ETF 8.2 27 23 8.9 +2.3
OEFA ALPS O’Shares International Developed Quality Dividend ETF 8.2 48 2 5.3 -1.3
DOL WisdomTree International LargeCap Dividend Fund 8.2 48 2 6.8 +0.2
QINT American Century Quality Diversified International ETF 8.1 39 11 6.8 +0.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 8.1 45 5 8.3 +1.8
IEFA iShares Core MSCI EAFE ETF 8.0 7 43 6.7 +0.1
CGXU Capital Group International Focus Equity ETF 7.8 54 -4 5.3 -1.3
IMOM Alpha Architect International Quantitative Momentum ETF 7.8 49 1 4.7 -1.9
CIL VictoryShares International Volatility Wtd ETF 7.8 45 5 6.4 -0.2
LEGR First Trust Indxx Innovative Transaction & Process ETF 7.7 65 -15 8.0 +1.4
BKCI BNY Mellon Concentrated International ETF 7.6 80 -30 5.1 -1.5
PCGG Polen Capital Global Growth ETF 7.6 85 -35 4.2 -2.4
QEFA SPDR MSCI EAFE StrategicFactors ETF 7.6 30 20 6.7 +0.1
DIHP Dimensional International High Profitability ETF 7.4 29 21 6.5 -0.1
IQDG WisdomTree International Quality Dividend Growth Fund 7.3 42 8 6.8 +0.2
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 7.2 58 -8 6.8 +0.2
AVSD Avantis Responsible International Equity ETF 7.2 23 27 5.1 -1.5
FICS First Trust International Developed Capital Strength ETF 7.1 70 -20 7.3 +0.7
IDOG ALPS International Sector Dividend Dogs ETF 7.1 50 0 11.4 +4.9
FNDF Schwab Fundamental International Large Co. Index ETF 7.1 25 25 8.9 +2.3
IQLT iShares MSCI Intl Quality Factor ETF 7.1 30 20 6.1 -0.5
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 7.0 9 41 8.9 +2.3
IDEV iShares Core MSCI International Developed Markets ETF 7.0 4 46 6.6 +0.1
SCHF Schwab International Equity ETF 7.0 6 44 6.8 +0.2
AVDE Avantis International Equity ETF 7.0 23 27 7.0 +0.5
VWID Virtus WMC International Dividend ETF 6.9 49 1 7.9 +1.4
ICOW Pacer Developed Markets International Cash Cows 100 ETF 6.9 65 -15 10.6 +4.0
UMMA Wahed Dow Jones Islamic World ETF 6.9 65 -15 4.8 -1.8
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 6.8 47 3 5.8 -0.8
TPIF Timothy Plan International ETF 6.8 62 -12 6.0 -0.6
RFEU First Trust Riverfront Dynamic Europe ETF 6.8 83 -33 10.0 +3.4
DFAI Dimensional International Core Equity Market ETF 6.8 18 32 6.7 +0.1
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 6.8 32 18 5.9 -0.7
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 6.8 12 38 5.7 -0.9
DWM WisdomTree International Equity Fund 6.7 48 2 6.9 +0.3
INTF iShares International Equity Factor ETF 6.5 15 35 7.3 +0.7
PPIE Putnam PanAgora ESG International Equity ETF 6.5 49 1 7.1 +0.6
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 6.5 40 10 7.0 +0.4
VEA Vanguard FTSE Developed Markets ETF 6.5 3 47 6.8 +0.2
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 6.5 41 9 7.1 +0.6
DFSI Dimensional International Sustainability Core 1 ETF 6.5 24 26 6.1 -0.5
DFIC Dimensional International Core Equity 2 ETF 6.4 23 27 7.1 +0.5
SPDW SPDR Portfolio Developed World ex-US ETF 6.3 3 47 6.7 +0.1
FIDI Fidelity International High Dividend ETF 6.3 18 32 8.0 +1.4
WBAT WisdomTree Battery Value Chain and Innovation Fund 6.3 45 5 1.7 -4.9
PRNT 3D Printing ETF 6.2 66 -16 1.8 -4.8
RFDI First Trust Riverfront Dynamic Developed International ETF 6.1 83 -33 8.9 +2.3
FDD First Trust Stoxx European Select Dividend Index Fund 6.1 58 -8 11.0 +4.4
FPXE First Trust IPOX Europe Equity Opportunities ETF 6.0 70 -20 3.9 -2.7
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 6.0 39 11 7.5 +0.9
IMFL Invesco International Developed Dynamic Multifactor ETF 6.0 34 16 5.8 -0.8
GXUS Goldman Sachs MarketBeta Total International Equity ETF 5.9 18 32 7.3 +0.7
ACWX iShares MSCI ACWI ex U.S. ETF 5.7 34 16 7.3 +0.7
WWJD Inspire International ETF 5.7 80 -30 7.1 +0.5
GDFN Tema International Defense Innov ETF 5.6 75 -25 3.3 -3.3
CWI SPDR MSCI ACWI ex-US ETF 5.6 30 20 7.4 +0.8
LOUP Innovator Deepwater Frontier Tech ETF 5.5 70 -20 1.0 -5.6
NETZ TCW Transform Systems ETF 5.4 75 -25 2.5 -4.1
DXIV Dimensional International Vector Equity ETF 5.4 34 16 7.4 +0.8
FPXI First Trust International Equity Opportunities ETF 5.3 70 -20 4.4 -2.2
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 5.2 14 36 5.9 -0.7
VEU Vanguard FTSE All-World ex-US Index Fund 5.2 4 46 7.6 +1.1
IDHQ Invesco S&P International Developed High Quality ETF 5.1 29 21 6.3 -0.3
NATO Themes Transatlantic Defense ETF 5.1 35 15 2.3 -4.3
EXI iShares Global Industrials ETF 5.1 42 8 4.4 -2.2
VSGX Vanguard ESG International Stock ETF 4.9 10 40 7.5 +0.9
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 4.9 39 11 6.4 -0.2
IXUS iShares Core MSCI Total International Stock ETF 4.9 7 43 7.5 +0.9
VYMI Vanguard International High Dividend Yield ETF 4.9 17 33 9.0 +2.4
JGLO JPMorgan Global Select Equity ETF 4.9 33 17 5.0 -1.6
OAIM OneAscent International Equity ETF 4.8 95 -45 5.4 -1.2
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 4.8 80 -30 5.9 -0.7
JIVE JPMorgan International Value ETF 4.8 55 -5 10.7 +4.1
VXUS Vanguard Total International Stock ETF 4.8 5 45 7.6 +1.0
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 4.8 58 -8 4.4 -2.2
VIGI Vanguard International Dividend Appreciation ETF 4.8 10 40 6.3 -0.3
KNO AXS Knowledge Leaders ETF 4.7 78 -28 5.6 -1.0
FTAG First Trust Indxx Global Agriculture ETF 4.5 70 -20 8.4 +1.8
KOCG FIS Knights of Columbus Global Belief ETF 4.5 75 -25 4.9 -1.7
SHLD Global X Defense Tech ETF 4.5 50 0 3.3 -3.3
RODM Hartford Multifactor Developed Markets (ex-US) ETF 4.4 29 21 7.4 +0.8
CLOD Themes Cloud Computing ETF 4.3 35 15 3.4 -3.2
IDV iShares International Select Dividend ETF 4.3 51 -1 10.2 +3.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 4.3 30 20 7.4 +0.8
POW VistaShares Electrification Supercycle ETF 4.2 75 -25 3.4 -3.2
DTH WisdomTree International High Dividend Fund 4.2 58 -8 7.9 +1.3
FAN First Trust Global Wind Energy ETF 4.1 60 -10 4.3 -2.3
IPKW Invesco International BuyBack Achievers ETF 4.1 55 -5 8.8 +2.2
ETEC iShares Breakthrough Environmental Solutions ETF 4.0 47 3 3.5 -3.1
DSTX Distillate International Fundamental Stability & Value ETF 4.0 55 -5 7.6 +1.0
FBOT Fidelity Disruptive Automation ETF 4.0 50 0 3.4 -3.2
RAYD Rayliant Quantitative Developed Market Equity ETF 3.9 80 -30 4.5 -2.1
IGRO iShares International Dividend Growth ETF 3.8 15 35 6.9 +0.3
DGT State Street SPDR Global Dow ETF 3.8 50 0 6.6 -0.0
AIVI WisdomTree International AI Enhanced Value Fund 3.8 58 -8 6.7 +0.1
EFAV iShares MSCI EAFE Min Vol Factor ETF 3.8 22 28 5.8 -0.8
FDEV Fidelity International Multifactor ETF 3.7 18 32 7.4 +0.8
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 3.6 24 26 7.1 +0.5
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 3.6 80 -30 4.2 -2.4
BINV Brandes International ETF 3.6 70 -20 9.2 +2.6
MXI iShares Global Materials ETF 3.6 41 9 7.2 +0.6
MOTI VanEck Morningstar International Moat ETF 3.5 58 -8 10.5 +4.0
JXI iShares Global Utilities ETF 3.4 43 7 5.6 -1.0
GSIB Themes Global Systemically Important Banks ETF 3.4 35 15 9.0 +2.4
ICPY Tweedy, Browne International Insider Value ETF 3.4 80 -30 11.4 +4.9
JIG JPMorgan International Growth ETF 3.4 55 -5 4.7 -1.9
FDT First Trust Developed Markets ex-US AlphaDEX Fund 3.3 80 -30 8.4 +1.8
EUDV ProShares MSCI Europe Dividend Growers ETF 3.3 55 -5 6.1 -0.5
BLES Inspire Global Hope ETF 3.2 61 -11 6.8 +0.2
FGD First Trust Dow Jones Global Select Dividend Index Fund 3.2 56 -6 10.6 +4.0
TEMP JPMorgan Climate Change Solutions ETF 3.1 49 1 5.8 -0.8
BLLD JPMorgan Sustainable Infrastructure ETF 3.1 49 1 5.9 -0.7
IXG iShares Global Financials ETF 3.1 42 8 6.5 -0.1
FDTX Fidelity Disruptive Technology ETF 3.1 50 0 2.6 -4.0
RCGE RockCreek Global Equality ETF 3.0 95 -45 6.6 0.0
RODE Hartford Multifactor Diversified International ETF 3.0 29 21 10.3 +3.7
IVAL Alpha Architect International Quantitative Value ETF 2.9 49 1 9.9 +3.3
FDRV Fidelity Electric Vehicles and Future Transportation ETF 2.9 39 11 -1.3 -7.9
GSFP Goldman Sachs Future Planet Equity ETF 2.9 75 -25 4.4 -2.2
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 2.9 79 -29 5.0 -1.6
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 2.9 25 25 6.0 -0.6
IOO iShares Global 100 ETF 2.8 41 9 4.6 -2.0
ESGG FlexShares STOXX Global ESG Select Index Fund 2.8 42 8 5.2 -1.4
KOKU Xtrackers MSCI Kokusai Equity ETF 2.8 9 41 5.1 -1.5
VIDI Vident International Equity Strategy ETF 2.8 61 -11 10.3 +3.7
SCHY Schwab International Dividend Equity ETF 2.7 14 36 9.6 +3.0
DIVS SmartETFs Dividend Builder ETF 2.7 65 -15 5.0 -1.6
INFL Horizon Kinetics Inflation Beneficiaries ETF 2.7 85 -35 3.4 -3.2
BCDF Horizon Kinetics Blockchain Development ETF 2.7 85 -35 4.2 -2.4
JPIN J.P. Morgan Diversified Return International Equity ETF 2.7 37 13 7.8 +1.2
RXI iShares Global Consumer Discretionary ETF 2.7 41 9 8.3 +1.7
XT iShares Exponential Technologies ETF 2.6 46 4 4.5 -2.1
COPY Tweedy, Browne Insider + Value ETF 2.6 80 -30 11.6 +5.1
GEW Cambria Global EW ETF 2.6 29 21 5.9 -0.7
GINN Goldman Sachs Innovate Equity ETF 2.6 52 -2 3.6 -3.0
IBAT iShares Energy Storage & Materials ETF 2.6 47 3 2.6 -4.0
TTAI FCF International Quality ETF 2.6 59 -9 7.4 +0.8
AIQ Global X Artificial Intelligence & Technology ETF 2.5 68 -18 3.6 -3.0
IQDF FlexShares International Quality Dividend Index Fund 2.5 47 3 8.4 +1.8
MOTG VanEck Morningstar Global Wide Moat ETF 2.5 52 -2 8.8 +2.2
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.5 47 3 7.7 +1.1
QWLD SPDR MSCI World StrategicFactors ETF 2.5 30 20 5.7 -0.9
EFAD ProShares MSCI EAFE Dividend Growers ETF 2.4 50 0 5.8 -0.8
TOK iShares MSCI Kokusai ETF 2.4 26 24 4.9 -1.7
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 2.4 60 -10 4.0 -2.6
DIM WisdomTree International MidCap Dividend Fund 2.4 58 -8 7.2 +0.6
ITOL Tema International Durable Quality ETF 2.4 60 -10 5.7 -0.9
IDLV Invesco S&P International Developed Low Volatility ETF 2.3 25 25 6.5 -0.1
HART IQ Healthy Hearts ETF 2.3 45 5 6.0 -0.6
GCOW Pacer Global Cash Cows Dividend ETF 2.3 60 -10 10.3 +3.7
IXP iShares Global Comm Services ETF 2.3 42 8 5.7 -0.9
KLMT Invesco MSCI Global Climate 500 ETF 2.3 10 40 5.6 -1.0
VCLN Virtus Duff & Phelps Clean Energy ETF 2.3 59 -9 4.0 -2.6
DRIV Global X Autonomous & Electric Vehicles ETF 2.3 68 -18 4.7 -1.9
URTH iShares MSCI World ETF 2.3 24 26 4.9 -1.7
CGDG Capital Group Dividend Growers ETF 2.2 47 3 6.0 -0.6
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 2.1 58 -8 8.4 +1.8
FRNW Fidelity Clean Energy ETF 2.1 39 11 2.3 -4.3
ROBO ROBO Global Robotics & Automation Index ETF 2.1 95 -45 3.1 -3.5
CARZ First Trust NASDAQ Global Auto Index Fund 2.1 70 -20 4.0 -2.6
IDRV iShares Self-driving EV & Tech ETF 2.0 47 3 3.3 -3.3
DFIS Dimensional International Small Cap ETF 2.0 39 11 7.0 +0.4
ACWI iShares MSCI ACWI ETF 2.0 32 18 5.3 -1.3
FEOE First Eagle Overseas Equity ETF 1.9 79 -29 6.8 +0.2
RGEF Rockefeller Global Equity ETF 1.9 55 -5 4.6 -2.0
KROP Global X AgTech & Food Innovation ETF 1.9 50 0 8.0 +1.4
HAP VanEck Natural Resources ETF 1.9 50 0 8.7 +2.2
MOO VanEck Agribusiness ETF 1.9 53 -3 10.6 +4.0
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.8 20 30 5.3 -1.3
IPAV Global X Infrastructure Development ex-U.S. ETF 1.8 55 -5 6.5 -0.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.8 9 41 5.5 -1.1
VT Vanguard Total World Stock ETF 1.7 6 44 5.7 -0.9
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 1.7 68 -18 6.4 -0.2
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 1.7 42 8 6.6 -0.0
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 1.7 75 -25 7.2 +0.6
JDOC JPMorgan Healthcare Leaders ETF 1.6 65 -15 3.8 -2.8
FEGE First Eagle Global Equity ETF 1.6 79 -29 6.5 -0.1
IXN iShares Global Tech ETF 1.6 41 9 3.5 -3.1
NXTG First Trust Indxx NextG ETF 1.6 70 -20 4.9 -1.7
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.5 10 40 6.7 +0.1
IFGL iShares International Developed Real Estate ETF 1.5 48 2 6.9 +0.3
SDG iShares MSCI Global Sustainable Development Goals ETF 1.5 49 1 5.1 -1.5
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.5 12 38 8.2 +1.6
DEW WisdomTree Global High Dividend Fund 1.5 58 -8 8.2 +1.6
ERET iShares Environmentally Aware Real Estate ETF 1.4 30 20 7.3 +0.7
ACWV iShares MSCI Global Min Vol Factor ETF 1.4 20 30 5.7 -0.9
ISCF iShares International SmallCap Equity Factor ETF 1.4 23 27 8.1 +1.5
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.3 65 -15 1.9 -4.7
IXJ iShares Global Healthcare ETF 1.3 42 8 6.6 +0.1
KNCT Invesco Next Gen Connectivity ETF 1.3 40 10 4.6 -2.0
FID First Trust S&P International Dividend Aristocrats ETF 1.3 60 -10 7.7 +1.1
LST Leuthold Select Industries ETF 1.3 91 -41 5.7 -0.9
JSTC Adasina Social Justice All Cap Global ETF 1.3 89 -39 4.8 -1.8
IQRA IQ CBRE Real Assets ETF 1.3 65 -15 5.7 -0.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.3 12 38 4.9 -1.7
ANEW ProShares MSCI Transformational Changes ETF 1.3 45 5 5.3 -1.3
WDNA WisdomTree BioRevolution Fund 1.2 45 5 -1.9 -8.5
IGF iShares Global Infrastructure ETF 1.1 41 9 4.6 -2.0
GII SPDR S&P Global Infrastructure ETF 1.1 40 10 4.6 -2.0
CGGO Capital Group Global Growth Equity ETF 1.1 47 3 4.4 -2.2
OGIG ALPS O'Shares Global Internet Giants ETF 1.1 48 2 2.2 -4.4
WDIV SPDR S&P Global Dividend ETF 1.1 40 10 8.9 +2.4
AGQI First Trust Active Global Quality Income ETF 1.1 85 -35 5.2 -1.4
QTUM Defiance Quantum ETF 1.1 40 10 5.0 -1.6
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.1 61 -11 2.0 -4.6
GLOF iShares Global Equity Factor ETF 1.0 20 30 6.6 +0.0
FDNI First Trust Dow Jones International Internet ETF 1.0 65 -15 23.1 +16.6
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 0.9 65 -15 4.6 -2.0
FDRR Fidelity Dividend ETF for Rising Rates 0.9 15 35 6.8 +0.2
TMFG Motley Fool Global Opportunities ETF 0.9 85 -35 4.0 -2.6
FDHT Fidelity Digital Health ETF 0.9 39 11 1.5 -5.1
HTEC ROBO Global Healthcare Technology and Innovation ETF 0.9 68 -18 1.9 -4.7
MDEV First Trust Indxx Medical Devices ETF 0.9 70 -20 4.7 -1.9
ISHP First Trust Nasdaq Retail ETF 0.8 60 -10 5.7 -0.9
FNDC Schwab Fundamental International Small Co. Index ETF 0.8 39 11 5.7 -0.9
KXI iShares Global Consumer Staples ETF 0.8 41 9 5.7 -0.9
GLBL Pacer MSCI World Industry Advantage ETF 0.7 65 -15 4.1 -2.5
DWX SPDR S&P International Dividend ETF 0.7 45 5 7.2 +0.6
CZAR Themes Natural Monopoly ETF 0.7 35 15 5.6 -1.0
IQM Franklin Intelligent Machines ETF 0.7 50 0 2.0 -4.6
SYNB Putnam BioRevolution ETF 0.6 70 -20 2.5 -4.1
DISV Dimensional International Small Cap Value ETF 0.6 42 8 8.9 +2.3
IBUY Amplify Online Retail ETF 0.6 65 -15 1.7 -4.9
SAGP Strategas Global Policy Opportunities ETF 0.6 65 -15 5.5 -1.1
AGNG Global X Aging Population ETF 0.6 50 0 4.5 -2.1
WLDR Affinity World Leaders Equity ETF 0.5 67 -17 7.2 +0.6
GINX SGI Enhanced Global Income ETF 0.5 98 -48 7.9 +1.3
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.5 49 1 6.8 +0.2
SUPL ProShares Supply Chain Logistics ETF 0.5 58 -8 10.2 +3.6
APIE ActivePassive International Equity ETF 0.4 45 5 7.1 +0.5
BMED Future Health ETF 0.4 85 -35 0.2 -6.4
HELX Franklin Genomic Advancements ETF 0.4 50 0 -0.4 -7.0
FINE Themes European Luxury ETF 0.4 35 15 6.6 +0.0
DTEC ALPS Disruptive Technologies ETF 0.3 50 0 3.7 -2.9
BULD Pacer BlueStar Engineering the Future ETF 0.3 60 -10 0.4 -6.2
TOGA Tremblant Global ETF 0.3 69 -19 1.7 -4.9
IPOS Renaissance International IPO ETF 0.3 80 -30 2.2 -4.4
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.3 72 -22 -1.3 -7.9
AIRL Themes Airlines ETF 0.3 35 15 2.2 -4.4
JETS U.S. Global Jets ETF 0.3 60 -10 2.8 -3.8
RWO SPDR Dow Jones Global Real Estate ETF 0.3 50 0 7.0 +0.4
RWX SPDR Dow Jones International Real Estate ETF 0.3 59 -9 6.8 +0.3
JEDI Defiance Drone and Modern Warfare ETF 0.3 69 -19 1.6 -5.0
GGME Invesco Next Gen Media and Gaming ETF 0.3 60 -10 4.9 -1.7
DINT Davis Select International ETF 0.2 55 -5 7.8 +1.2
DWLD Davis Select Worldwide ETF 0.2 63 -13 7.2 +0.6
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.2 86 -36 14.3 +7.7
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 0.2 86 -36 0.5 -6.1
FPAG FPA Global Equity ETF 0.2 49 1 5.6 -1.0
OND ProShares On-Demand ETF 0.2 58 -8 -0.6 -7.2
BUYZ Franklin Disruptive Commerce ETF 0.2 50 0 2.5 -4.1
AVDS Avantis International Small Cap Equity ETF 0.2 30 20 6.7 +0.1
IGPT Invesco AI and Next Gen Software ETF 0.1 60 -10 4.4 -2.2
RVRB Reverb ETF 0.1 30 20 4.5 -2.1

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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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 1.7 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 6.6 %
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.