iShares MSCI Germany ETF
ALTAR
Score™		 6.4% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 16.0x P/Sales
ratio		 1.3x
P/BV
ratio		 1.9x 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) $2,317
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) $128,163
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 14.3 %
SIEMENS AG-REG 10.9 %
ALLIANZ SE-REG 8.5 %
DEUTSCHE TELEKOM AG 6.5 %
RHEINMETALL AG 5.4 %
MUENCHENER RUECKVER AG-REG 4.4 %
SIEMENS ENERGY AG 3.9 %
DEUTSCHE BANK AG-REGISTERED 3.6 %
DEUTSCHE BOERSE AG 2.8 %
INFINEON TECHNOLOGIES AG 2.6 %
Total 63.0 %

TOP COUNTRY EXPOSURE
GERMANY 98.8 %










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.
33.8% 30.5% 9.8% 7.3% 6.4%

Market Correlations
versus... Beta R-squared
S&P500 1.01 55%
MSCI EAFE 1.05 70%
MSCI Emg. Mkts. 0.92 57%

Technical Indicators
Recent close $41.31
30d moving avg. $41.84
Annualized volatility 20.5%
Short interest (ETF) 5.1%
Relative strength (RSI) 48

Liquidity measures
Avg. volume (thou.) 1,924
Turnover 3.4%
Bid/Ask (% of price) 0.04%
ADV underlying (mns) $2,437

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 305 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™: 6.4%


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 89.8 21 29 6.8 +0.4
FLGR Franklin FTSE Germany ETF 87.2 9 41 7.1 +0.8
FGM First Trust Germany AlphaDEX Fund 34.3 80 -30 6.3 -0.1
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 28.4 45 5 6.9 +0.6
FEZ SPDR EURO STOXX 50 ETF 28.1 29 21 7.2 +0.8
EZU iShares MSCI Eurozone ETF 27.7 52 -2 6.7 +0.4
HEDJ WisdomTree Europe Hedged Equity Fund 24.7 58 -8 6.6 +0.2
FEUZ First Trust Eurozone AlphaDEX ETF 17.2 80 -30 9.0 +2.6
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 16.5 25 25 7.3 +0.9
IDMO Invesco S&P International Developed Momentum ETF 16.2 25 25 5.3 -1.1
DBEU Xtrackers MSCI Europe Hedged Equity ETF 15.6 46 4 6.7 +0.3
IMTM iShares MSCI Intl Momentum Factor ETF 15.4 30 20 5.4 -1.0
DTAN Sparkline International Intangible Value ETF 15.1 55 -5 8.6 +2.2
BBEU JPMorgan BetaBuilders Europe ETF 14.9 9 41 7.2 +0.8
IEV iShares Europe ETF 14.6 67 -17 6.9 +0.5
EUFN iShares MSCI Europe Financials ETF 14.0 51 -1 7.8 +1.4
FLEE Franklin FTSE Europe ETF 13.7 9 41 7.3 +0.9
IEUR iShares Core MSCI Europe ETF 13.4 11 39 7.4 +1.0
OSEA Harbor International Compounders ETF 13.3 55 -5 4.9 -1.5
VGK Vanguard FTSE Europe ETF 13.0 6 44 7.5 +1.1
OEUR ALPS O'Shares Europe Quality Dividend ETF 13.0 48 2 6.0 -0.3
SPEU SPDR Portfolio Europe ETF 12.7 7 43 7.4 +1.0
CLNR IQ Cleaner Transport ETF 12.6 45 5 6.6 +0.3
FEP First Trust Europe AlphaDEX Fund 12.3 80 -30 9.0 +2.6
FIVA Fidelity International Value Factor ETF 11.8 18 32 9.8 +3.4
MOTO SmartETFs Smart Transportation & Technology ETF 11.7 68 -18 7.3 +0.9
IVLU iShares MSCI Intl Value Factor ETF 11.1 30 20 10.3 +3.9
INEQ Columbia International Equity Income ETF 10.9 45 5 8.0 +1.7
FENI Fidelity Enhanced International ETF 10.9 28 22 6.5 +0.1
IMFL Invesco International Developed Dynamic Multifactor ETF 10.7 34 16 6.0 -0.3
UIVM VictoryShares International Value Momentum ETF 10.7 35 15 8.8 +2.5
JIRE JPMorgan International Research Enhanced Equity ETF 10.4 24 26 7.2 +0.8
AVIV Avantis International Large Cap Value ETF 10.3 25 25 8.5 +2.1
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 10.3 36 14 6.5 +0.1
IMOM Alpha Architect International Quantitative Momentum ETF 10.3 49 1 3.2 -3.2
JHID John Hancock International High Dividend ETF 10.1 46 4 9.4 +3.0
GSIE Goldman Sachs ActiveBeta International Equity ETF 10.1 25 25 7.0 +0.6
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 10.1 20 30 6.3 -0.1
DIVI Franklin International Core Dividend Tilt Index ETF 10.0 9 41 7.9 +1.5
HFXI IQ FTSE International Equity Currency Neutral ETF 9.9 20 30 7.0 +0.6
EFG iShares MSCI EAFE Growth ETF 9.7 36 14 4.3 -2.1
OCEN IQ Clean Oceans ETF 9.7 45 5 6.0 -0.3
ESGD iShares ESG Aware MSCI EAFE ETF 9.7 20 30 6.7 +0.3
EFA iShares MSCI EAFE ETF 9.6 35 15 6.7 +0.3
IQSI IQ Candriam International Equity ETF 9.6 15 35 6.6 +0.2
EFV iShares MSCI EAFE Value ETF 9.6 34 16 9.0 +2.6
STXI Strive International Developed Markets ETF 9.5 29 21 6.6 +0.2
GSID Goldman Sachs MarketBeta International Equity ETF 9.4 20 30 6.8 +0.5
EUDG WisdomTree Europe Quality Dividend Growth Fund 9.4 58 -8 6.9 +0.6
CEFA Global X S&P Catholic Values Developed ex-US ETF 9.4 35 15 6.6 +0.2
JHMD John Hancock Multifactor Developed International ETF 9.4 39 11 7.5 +1.1
SHPP Pacer Industrials and Logistics ETF 9.2 60 -10 8.7 +2.3
PATN Pacer Nasdaq International Patent Leaders ETF 9.1 65 -15 6.1 -0.3
DWMF WisdomTree International Multifactor Fund 8.8 38 12 7.0 +0.6
WRND IQ Global Equity R&D Leaders ETF 8.7 18 32 8.1 +1.7
NUDM Nuveen ESG International Developed Markets Equity ETF 8.7 31 19 6.2 -0.2
BKIE BNY Mellon International Equity ETF 8.5 4 46 7.0 +0.6
CGIE Capital Group International Equity ETF 8.4 54 -4 5.1 -1.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 8.4 45 5 8.7 +2.4
LVHI Franklin International Low Volatility High Dividend Index ET 8.3 40 10 10.4 +4.0
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 8.3 20 30 6.4 +0.0
QINT American Century Quality Diversified International ETF 8.2 39 11 7.3 +0.9
DOL WisdomTree International LargeCap Dividend Fund 8.2 48 2 7.1 +0.8
IEFA iShares Core MSCI EAFE ETF 8.2 7 43 7.0 +0.6
DFIV Dimensional International Value ETF 8.2 27 23 9.5 +3.1
CGXU Capital Group International Focus Equity ETF 7.9 54 -4 5.5 -0.9
CIL VictoryShares International Volatility Wtd ETF 7.8 45 5 6.6 +0.2
BKCI BNY Mellon Concentrated International ETF 7.7 80 -30 5.2 -1.2
PCGG Polen Capital Global Growth ETF 7.7 85 -35 3.8 -2.6
DMXF iShares ESG Advanced MSCI EAFE ETF 7.6 12 38 5.5 -0.9
DIHP Dimensional International High Profitability ETF 7.5 29 21 7.1 +0.7
FNDF Schwab Fundamental International Large Co. Index ETF 7.4 25 25 9.5 +3.1
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 7.4 80 -30 4.9 -1.5
SCHF Schwab International Equity ETF 7.4 6 44 7.2 +0.9
IDEV iShares Core MSCI International Developed Markets ETF 7.3 4 46 6.9 +0.5
IQLT iShares MSCI Intl Quality Factor ETF 7.1 30 20 6.2 -0.1
FPXE First Trust IPOX Europe Equity Opportunities ETF 7.1 70 -20 4.8 -1.6
AVSD Avantis Responsible International Equity ETF 7.1 23 27 5.6 -0.8
DFAI Dimensional International Core Equity Market ETF 7.1 18 32 7.1 +0.7
FICS First Trust International Developed Capital Strength ETF 7.1 70 -20 7.3 +1.0
ICOW Pacer Developed Markets International Cash Cows 100 ETF 7.1 65 -15 12.0 +5.6
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 7.0 9 41 9.1 +2.7
LEGR First Trust Indxx Innovative Transaction & Process ETF 7.0 65 -15 7.9 +1.6
VWID Virtus WMC International Dividend ETF 7.0 49 1 8.4 +2.0
IQDG WisdomTree International Quality Dividend Growth Fund 7.0 42 8 7.3 +0.9
AVDE Avantis International Equity ETF 7.0 23 27 7.3 +0.9
FDT First Trust Developed Markets ex-US AlphaDEX Fund 6.9 80 -30 9.3 +3.0
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 6.9 12 38 5.9 -0.4
IDOG ALPS International Sector Dividend Dogs ETF 6.9 50 0 12.1 +5.7
UMMA Wahed Dow Jones Islamic World ETF 6.9 65 -15 5.4 -1.0
QEFA SPDR MSCI EAFE StrategicFactors ETF 6.8 30 20 7.0 +0.6
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 6.8 58 -8 7.1 +0.7
VEA Vanguard FTSE Developed Markets ETF 6.8 3 47 7.1 +0.8
TPIF Timothy Plan International ETF 6.8 62 -12 6.2 -0.2
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 6.8 32 18 6.0 -0.4
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 6.8 47 3 5.8 -0.6
RFEU First Trust Riverfront Dynamic Europe ETF 6.7 83 -33 10.6 +4.3
DFSI Dimensional International Sustainability Core 1 ETF 6.7 24 26 6.3 -0.1
DFIC Dimensional International Core Equity 2 ETF 6.7 23 27 7.3 +1.0
PPIE Putnam PanAgora ESG International Equity ETF 6.6 49 1 7.4 +1.0
INTF iShares International Equity Factor ETF 6.6 15 35 7.5 +1.2
SPDW SPDR Portfolio Developed World ex-US ETF 6.5 3 47 6.9 +0.6
DWM WisdomTree International Equity Fund 6.5 48 2 7.3 +0.9
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 6.5 41 9 7.4 +1.0
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 6.4 40 10 7.4 +1.0
FIDI Fidelity International High Dividend ETF 6.3 18 32 8.6 +2.2
WBAT WisdomTree Battery Value Chain and Innovation Fund 6.3 45 5 4.0 -2.4
RFDI First Trust Riverfront Dynamic Developed International ETF 6.2 83 -33 9.3 +2.9
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 6.0 39 11 7.8 +1.5
ACWX iShares MSCI ACWI ex U.S. ETF 5.9 34 16 7.6 +1.3
FDD First Trust Stoxx European Select Dividend Index Fund 5.9 58 -8 11.3 +4.9
NATO Themes Transatlantic Defense ETF 5.9 35 15 2.4 -4.0
GXUS Goldman Sachs MarketBeta Total International Equity ETF 5.9 18 32 7.8 +1.5
WWJD Inspire International ETF 5.8 80 -30 7.3 +0.9
CWI SPDR MSCI ACWI ex-US ETF 5.8 30 20 7.6 +1.2
SHLD Global X Defense Tech ETF 5.8 50 0 3.1 -3.3
DXIV Dimensional International Vector Equity ETF 5.6 34 16 7.7 +1.4
VEU Vanguard FTSE All-World ex-US Index Fund 5.5 4 46 8.0 +1.6
DGT SPDR Global Dow ETF 5.3 50 0 6.9 +0.6
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 5.2 14 36 6.2 -0.2
IDHQ Invesco S&P International Developed High Quality ETF 5.2 29 21 6.6 +0.3
EXI iShares Global Industrials ETF 5.2 42 8 4.5 -1.9
VIGI Vanguard International Dividend Appreciation ETF 5.1 10 40 6.3 -0.1
IXUS iShares Core MSCI Total International Stock ETF 5.1 7 43 7.8 +1.4
VXUS Vanguard Total International Stock ETF 5.0 5 45 7.8 +1.4
VYMI Vanguard International High Dividend Yield ETF 5.0 17 33 9.5 +3.1
PRNT 3D Printing ETF 4.9 66 -16 1.3 -5.1
JGLO JPMorgan Global Select Equity ETF 4.9 33 17 5.0 -1.4
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 4.9 39 11 6.6 +0.2
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 4.7 80 -30 5.8 -0.5
OAIM OneAscent International Equity ETF 4.7 95 -45 5.6 -0.8
FAN First Trust Global Wind Energy ETF 4.6 60 -10 4.6 -1.8
VSGX Vanguard ESG International Stock ETF 4.5 10 40 7.6 +1.2
KNO AXS Knowledge Leaders ETF 4.5 78 -28 6.0 -0.4
KOCG FIS Knights of Columbus Global Belief ETF 4.5 75 -25 5.2 -1.2
DFAX Dimensional World ex U.S. Core Equity 2 ETF 4.5 30 20 7.7 +1.4
FTAG First Trust Indxx Global Agriculture ETF 4.4 70 -20 8.3 +2.0
RODM Hartford Multifactor Developed Markets (ex-US) ETF 4.4 29 21 7.7 +1.3
FPXI First Trust International Equity Opportunities ETF 4.3 70 -20 4.2 -2.2
IDV iShares International Select Dividend ETF 4.2 51 -1 10.6 +4.2
MOTI VanEck Morningstar International Moat ETF 4.2 58 -8 11.8 +5.5
EFAV iShares MSCI EAFE Min Vol Factor ETF 4.1 22 28 5.7 -0.7
FBOT Fidelity Disruptive Automation ETF 4.0 50 0 3.7 -2.7
NETZ TCW Transform Systems ETF 3.9 75 -25 2.4 -3.9
DTH WisdomTree International High Dividend Fund 3.9 58 -8 8.3 +2.0
AGQI First Trust Active Global Quality Income ETF 3.9 85 -35 4.8 -1.6
RAYD Rayliant Quantitative Developed Market Equity ETF 3.9 80 -30 4.3 -2.0
DSTX Distillate International Fundamental Stability & Value ETF 3.8 55 -5 7.8 +1.4
CLOD Themes Cloud Computing ETF 3.8 35 15 3.2 -3.2
IPKW Invesco International BuyBack Achievers ETF 3.8 55 -5 12.4 +6.0
FDEV Fidelity International Multifactor ETF 3.7 18 32 7.3 +1.0
AIVI WisdomTree International AI Enhanced Value Fund 3.7 58 -8 7.0 +0.6
GSIB Themes Global Systemically Important Banks ETF 3.6 35 15 9.0 +2.6
BINV Brandes International ETF 3.6 70 -20 9.3 +2.9
MXI iShares Global Materials ETF 3.6 41 9 7.5 +1.1
IGRO iShares International Dividend Growth ETF 3.6 15 35 7.2 +0.8
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 3.6 24 26 7.3 +0.9
MOTG VanEck Morningstar Global Wide Moat ETF 3.5 52 -2 7.6 +1.2
EUDV ProShares MSCI Europe Dividend Growers ETF 3.5 55 -5 6.3 -0.1
JXI iShares Global Utilities ETF 3.4 43 7 5.8 -0.5
JIG JPMorgan International Growth ETF 3.4 55 -5 4.7 -1.7
BLES Inspire Global Hope ETF 3.3 61 -11 6.8 +0.4
FGD First Trust Dow Jones Global Select Dividend Index Fund 3.2 56 -6 10.6 +4.2
TEMP JPMorgan Climate Change Solutions ETF 3.2 49 1 5.8 -0.6
ETEC iShares Breakthrough Environmental Solutions ETF 3.2 47 3 3.3 -3.1
BLLD JPMorgan Sustainable Infrastructure ETF 3.1 49 1 6.1 -0.2
IOO iShares Global 100 ETF 3.1 41 9 4.7 -1.7
IDLV Invesco S&P International Developed Low Volatility ETF 3.1 25 25 6.2 -0.1
IXG iShares Global Financials ETF 3.1 42 8 6.5 +0.1
FDTX Fidelity Disruptive Technology ETF 3.1 50 0 2.7 -3.7
RODE Hartford Multifactor Diversified International ETF 3.0 29 21 11.4 +5.0
AIQ Global X Artificial Intelligence & Technology ETF 3.0 68 -18 3.7 -2.7
IVAL Alpha Architect International Quantitative Value ETF 2.9 49 1 9.7 +3.3
RCGE RockCreek Global Equality ETF 2.9 95 -45 6.7 +0.3
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 2.9 25 25 5.8 -0.5
DIVS SmartETFs Dividend Builder ETF 2.8 65 -15 5.0 -1.4
INFL Horizon Kinetics Inflation Beneficiaries ETF 2.8 85 -35 3.9 -2.5
BCDF Horizon Kinetics Blockchain Development ETF 2.8 85 -35 4.1 -2.3
ESGG FlexShares STOXX Global ESG Select Index Fund 2.8 42 8 5.4 -1.0
KOKU Xtrackers MSCI Kokusai Equity ETF 2.8 9 41 5.2 -1.2
VIDI Vident International Equity Strategy ETF 2.8 61 -11 10.7 +4.3
JPIN J.P. Morgan Diversified Return International Equity ETF 2.7 37 13 8.2 +1.8
SCHY Schwab International Dividend Equity ETF 2.7 14 36 9.6 +3.2
DRIV Global X Autonomous & Electric Vehicles ETF 2.7 68 -18 5.0 -1.3
TTAI FCF International Quality ETF 2.6 59 -9 7.3 +0.9
IBAT iShares Energy Storage & Materials ETF 2.6 47 3 3.6 -2.8
COPY Tweedy, Browne Insider + Value ETF 2.6 80 -30 11.8 +5.4
GINN Goldman Sachs Innovate Equity ETF 2.6 52 -2 3.6 -2.7
FDRV Fidelity Electric Vehicles and Future Transportation ETF 2.6 39 11 -0.9 -7.3
GSFP Goldman Sachs Future Planet Equity ETF 2.6 75 -25 4.8 -1.6
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 2.6 79 -29 4.9 -1.5
IQDF FlexShares International Quality Dividend Index Fund 2.6 47 3 8.8 +2.5
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.5 47 3 8.3 +1.9
EFAD ProShares MSCI EAFE Dividend Growers ETF 2.5 50 0 5.9 -0.4
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 2.5 60 -10 3.7 -2.7
QWLD SPDR MSCI World StrategicFactors ETF 2.5 30 20 5.9 -0.5
TOK iShares MSCI Kokusai ETF 2.5 26 24 5.0 -1.4
RXI iShares Global Consumer Discretionary ETF 2.5 41 9 9.1 +2.7
URTH iShares MSCI World ETF 2.3 24 26 5.0 -1.3
IXP iShares Global Comm Services ETF 2.3 42 8 5.4 -1.0
HART IQ Healthy Hearts ETF 2.3 45 5 6.7 +0.3
FYLD Cambria Foreign Shareholder Yield ETF 2.3 59 -9 11.5 +5.1
KLMT Invesco MSCI Global Climate 500 ETF 2.3 10 40 5.7 -0.7
VCLN Virtus Duff & Phelps Clean Energy ETF 2.3 59 -9 4.8 -1.6
XT iShares Exponential Technologies ETF 2.2 46 4 4.9 -1.5
CGDG Capital Group Dividend Growers ETF 2.2 47 3 6.2 -0.2
FRNW Fidelity Clean Energy ETF 2.2 39 11 3.2 -3.1
IDRV iShares Self-driving EV & Tech ETF 2.1 47 3 1.8 -4.5
JSTC Adasina Social Justice All Cap Global ETF 2.1 89 -39 4.8 -1.6
GCOW Pacer Global Cash Cows Dividend ETF 2.1 60 -10 11.0 +4.7
ROBO ROBO Global Robotics & Automation Index ETF 2.1 95 -45 3.4 -3.0
DIM WisdomTree International MidCap Dividend Fund 2.1 58 -8 7.4 +1.1
CARZ First Trust NASDAQ Global Auto Index Fund 2.1 70 -20 4.8 -1.6
ACWI iShares MSCI ACWI ETF 2.1 32 18 5.5 -0.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 2.0 20 30 5.6 -0.8
FEOE First Eagle Overseas Equity ETF 1.9 79 -29 7.8 +1.5
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 1.9 58 -8 8.8 +2.4
DFIS Dimensional International Small Cap ETF 1.9 39 11 7.2 +0.8
RGEF Rockefeller Global Equity ETF 1.9 55 -5 4.7 -1.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.9 9 41 5.6 -0.7
VT Vanguard Total World Stock ETF 1.8 6 44 5.8 -0.6
KROP Global X AgTech & Food Innovation ETF 1.7 50 0 1.9 -4.5
HAP VanEck Natural Resources ETF 1.7 50 0 9.3 +2.9
MOO VanEck Agribusiness ETF 1.7 53 -3 10.4 +4.0
IXN iShares Global Tech ETF 1.7 41 9 3.6 -2.8
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.7 65 -15 2.1 -4.3
IPAV Global X Infrastructure Development ex-U.S. ETF 1.7 55 -5 7.6 +1.3
FEGE First Eagle Global Equity ETF 1.7 79 -29 6.8 +0.4
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 1.7 65 -15 4.2 -2.2
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 1.6 42 8 7.1 +0.7
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.6 10 40 7.9 +1.5
IFGL iShares International Developed Real Estate ETF 1.6 48 2 6.9 +0.5
SDG iShares MSCI Global Sustainable Development Goals ETF 1.6 49 1 5.8 -0.6
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.6 12 38 8.0 +1.6
NXTG First Trust Indxx NextG ETF 1.5 70 -20 5.2 -1.2
OGIG ALPS O'Shares Global Internet Giants ETF 1.5 48 2 1.5 -4.9
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.5 58 -8 4.6 -1.8
ERET iShares Environmentally Aware Real Estate ETF 1.5 30 20 7.2 +0.8
DEW WisdomTree Global High Dividend Fund 1.5 58 -8 8.3 +1.9
ACWV iShares MSCI Global Min Vol Factor ETF 1.5 20 30 6.1 -0.2
IXJ iShares Global Healthcare ETF 1.5 42 8 7.3 +0.9
ANEW ProShares MSCI Transformational Changes ETF 1.4 45 5 6.1 -0.3
KNCT Invesco Next Gen Connectivity ETF 1.4 40 10 4.7 -1.7
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 1.4 75 -25 7.8 +1.4
LST Leuthold Select Industries ETF 1.4 91 -41 5.0 -1.4
IQRA IQ CBRE Real Assets ETF 1.3 65 -15 5.7 -0.7
IGF iShares Global Infrastructure ETF 1.2 41 9 4.7 -1.7
WDNA WisdomTree BioRevolution Fund 1.2 45 5 -1.4 -7.8
GII SPDR S&P Global Infrastructure ETF 1.2 40 10 4.7 -1.7
FID First Trust S&P International Dividend Aristocrats ETF 1.2 60 -10 7.8 +1.4
ISCF iShares International SmallCap Equity Factor ETF 1.2 23 27 8.1 +1.7
FDNI First Trust Dow Jones International Internet ETF 1.2 65 -15 20.2 +13.9
CGGO Capital Group Global Growth Equity ETF 1.1 47 3 4.7 -1.7
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.1 12 38 5.1 -1.3
GLOF iShares Global Equity Factor ETF 1.0 20 30 6.4 +0.0
QTUM Defiance Quantum ETF 1.0 40 10 5.4 -1.0
FDHT Fidelity Digital Health ETF 1.0 39 11 0.8 -5.5
HTEC ROBO Global Healthcare Technology and Innovation ETF 1.0 68 -18 2.4 -4.0
MDEV First Trust Indxx Medical Devices ETF 1.0 70 -20 4.5 -1.8
WDIV SPDR S&P Global Dividend ETF 1.0 40 10 9.2 +2.8
TMFG Motley Fool Global Opportunities ETF 1.0 85 -35 3.9 -2.5
ISHP First Trust Nasdaq Retail ETF 0.9 60 -10 5.3 -1.1
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 0.9 61 -11 1.4 -5.0
FDRR Fidelity Dividend ETF for Rising Rates 0.9 15 35 7.0 +0.6
KXI iShares Global Consumer Staples ETF 0.9 41 9 5.5 -0.8
DWX SPDR S&P International Dividend ETF 0.7 45 5 6.1 -0.3
GLBL Pacer MSCI World Industry Advantage ETF 0.7 65 -15 4.1 -2.3
FNDC Schwab Fundamental International Small Co. Index ETF 0.7 39 11 5.7 -0.7
SYNB Putnam BioRevolution ETF 0.7 70 -20 2.9 -3.5
IBUY Amplify Online Retail ETF 0.7 65 -15 0.8 -5.6
IQM Franklin Intelligent Machines ETF 0.7 50 0 2.0 -4.4
CZAR Themes Natural Monopoly ETF 0.6 35 15 5.7 -0.7
AGNG Global X Aging Population ETF 0.6 50 0 4.9 -1.5
SAGP Strategas Global Policy Opportunities ETF 0.6 65 -15 5.4 -1.0
WLDR Affinity World Leaders Equity ETF 0.5 67 -17 7.3 +1.0
APIE ActivePassive International Equity ETF 0.4 45 5 7.4 +1.0
DISV Dimensional International Small Cap Value ETF 0.4 42 8 8.9 +2.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.4 49 1 6.7 +0.3
SUPL ProShares Supply Chain Logistics ETF 0.4 58 -8 11.9 +5.6
DTEC ALPS Disruptive Technologies ETF 0.4 50 0 3.9 -2.4
BULD Pacer BlueStar Engineering the Future ETF 0.4 60 -10 0.5 -5.9
FINE Themes European Luxury ETF 0.3 35 15 3.6 -2.7
TOGA Tremblant Global ETF 0.3 69 -19 1.8 -4.6
BMED Future Health ETF 0.3 85 -35 0.5 -5.9
HELX Franklin Genomic Advancements ETF 0.3 50 0 -0.2 -6.6
RWO SPDR Dow Jones Global Real Estate ETF 0.3 50 0 6.9 +0.5
RWX SPDR Dow Jones International Real Estate ETF 0.3 59 -9 6.8 +0.4
DINT Davis Select International ETF 0.3 55 -5 7.9 +1.5
DWLD Davis Select Worldwide ETF 0.3 63 -13 7.1 +0.7
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.3 86 -36 13.1 +6.7
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 0.3 86 -36 0.4 -6.0
OND ProShares On-Demand ETF 0.3 58 -8 0.7 -5.7
IPOS Renaissance International IPO ETF 0.3 80 -30 2.2 -4.2
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.3 72 -22 -0.9 -7.3
FPAG FPA Global Equity ETF 0.3 49 1 5.7 -0.6
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.3 68 -18 2.7 -3.7
AIRL Themes Airlines ETF 0.3 35 15 1.7 -4.7
JETS U.S. Global Jets ETF 0.3 60 -10 2.7 -3.7
SCHC Schwab International Small-Cap Equity ETF 0.2 11 39 6.5 +0.1
GGME Invesco Next Gen Media and Gaming ETF 0.2 60 -10 4.2 -2.2
BUYZ Franklin Disruptive Commerce ETF 0.2 50 0 2.2 -4.2
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 8 42 6.0 -0.3
AVDS Avantis International Small Cap Equity ETF 0.2 30 20 7.2 +0.8
RVRB Reverb ETF 0.1 30 20 4.5 -1.9
IGPT Invesco AI and Next Gen Software ETF 0.1 60 -10 4.2 -2.2

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:

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 12.2 %
Divided by: Fwd. P/BV 1.8 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 6.4 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.59 CATEGORY
AVERAGE		 1.63
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.