iShares MSCI Germany ETF
ALTAR
Score™		 6.6% info Recommen-
dation		 UNDERWEIGHT
2024E    2025E
P/E
ratio		 12.0x P/Sales
ratio		 0.9x
P/BV
ratio		 1.4x Div.
yield		 3.5%


  • 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) $954
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 56
Wgt avg mkt cap (mns) $88,301
Large cap (>$10bn) 95.6%
Mid cap ($2-10bn) 3.6%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
SAP AG 13.8 %
SIEMENS AG-REG 9.7 %
ALLIANZ SE-REG 7.8 %
DEUTSCHE TELEKOM AG 5.3 %
DAIMLER AG-REGISTERED SHARES 4.5 %
MUENCHENER RUECKVER AG-REG 4.3 %
BASF SE 3.6 %
INFINEON TECHNOLOGIES AG 3.1 %
DEUTSCHE POST AG-REG 2.9 %
BAYERISCHE MOTOREN WERKE AG 2.7 %
Total 57.6 %

TOP COUNTRY EXPOSURE
GERMANY 98.6 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
3.2% 10.5% 5.4% 2.2% 5.4%

Market Correlations
versus... Beta R-squared
S&P500 1.10 69%
MSCI EAFE 1.31 90%
MSCI Emg. Mkts. 1.07 64%

Technical Indicators
Recent close $30.00
30d moving avg. $27.95
Annualized volatility 23.6%
Short interest (ETF) 13.2%
Relative strength (RSI) 83

Liquidity measures
Avg. volume (thou.) 1,841
Turnover 5.8%
Bid/Ask (% of price) 0.04%
ADV underlying (mns) $4,047

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 302 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
(%)
DBGR Xtrackers MSCI Germany Hedged Equity ETF 94.5 45 5 6.4 -0.2
FLGR Franklin FTSE Germany ETF 94.4 9 41 7.2 +0.6
DAX Global X DAX Germany ETF 90.8 21 29 7.1 +0.5
FGM First Trust Germany AlphaDEX Fund 34.0 80 -30 9.3 +2.7
FEZ SPDR EURO STOXX 50 ETF 25.4 29 21 6.3 -0.3
EZU iShares MSCI Eurozone ETF 25.4 52 -2 6.3 -0.3
FLEU Franklin FTSE Eurozone ETF 24.7 9 41 6.8 +0.2
HEDJ WisdomTree Europe Hedged Equity Fund 23.2 58 -8 8.5 +1.8
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 22.8 45 5 6.3 -0.3
ESGN Columbia International ESG Equity Income ETF 21.7 45 5 9.1 +2.5
OEUR ALPS O'Shares Europe Quality Dividend ETF 16.2 48 2 5.8 -0.8
FEUZ First Trust Eurozone AlphaDEX ETF 15.8 80 -30 8.6 +2.0
CLNR IQ Cleaner Transport ETF 14.0 45 5 8.3 +1.7
EUFN iShares MSCI Europe Financials ETF 13.9 51 -1 8.4 +1.8
SHPP Pacer Industrials and Logistics ETF 13.3 60 -10 8.9 +2.3
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 13.1 25 25 7.5 +0.9
IEV iShares Europe ETF 13.0 67 -17 6.2 -0.4
DBEU Xtrackers MSCI Europe Hedged Equity ETF 12.7 46 4 6.4 -0.2
FLEE Franklin FTSE Europe ETF 12.4 9 41 7.0 +0.3
BBEU JPMorgan BetaBuilders Europe ETF 12.4 9 41 6.8 +0.2
VGK Vanguard FTSE Europe ETF 11.8 11 39 7.0 +0.3
IEUR iShares Core MSCI Europe ETF 11.7 11 39 -1.3 -8.0
SPEU SPDR Portfolio Europe ETF 11.4 7 43 6.7 +0.1
RFEU First Trust Riverfront Dynamic Europe ETF 11.2 83 -33 8.9 +2.3
IQIN IQ 500 International ETF 11.1 25 25 8.9 +2.3
DOL WisdomTree International LargeCap Dividend Fund 11.0 48 2 7.9 +1.3
IVLU iShares MSCI Intl Value Factor ETF 10.6 30 20 10.9 +4.2
FIVA Fidelity International Value Factor ETF 10.4 18 32 9.5 +2.9
OCEN IQ Clean Oceans ETF 10.3 45 5 5.4 -1.2
FEP First Trust Europe AlphaDEX Fund 10.1 80 -30 8.9 +2.3
OSEA Harbor International Compounders ETF 10.1 55 -5 3.7 -2.9
MOTI VanEck Morningstar International Moat ETF 10.1 58 -8 7.1 +0.5
EFV iShares MSCI EAFE Value ETF 10.1 34 16 9.3 +2.7
JHID John Hancock International High Dividend ETF 10.0 46 4 11.7 +5.1
UIVM VictoryShares International Value Momentum ETF 9.6 35 15 10.9 +4.3
DMXF iShares ESG Advanced MSCI EAFE ETF 9.5 12 38 5.4 -1.2
MOTO SmartETFs Smart Transportation & Technology ETF 9.5 68 -18 6.6 +0.0
DTH WisdomTree International High Dividend Fund 9.4 58 -8 10.4 +3.8
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 9.1 20 30 6.3 -0.3
BKCI BNY Mellon Concentrated International ETF 8.8 80 -30 5.3 -1.3
SXUS Janus Henderson International Sustainable Equity ETF 8.7 60 -10 4.6 -2.0
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 8.7 45 5 8.7 +2.0
EFA iShares MSCI EAFE ETF 8.6 35 15 6.5 -0.2
DWM WisdomTree International Equity Fund 8.6 48 2 8.0 +1.3
RFDI First Trust Riverfront Dynamic Developed International ETF 8.5 83 -33 9.2 +2.6
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 8.5 40 10 8.0 +1.3
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 8.2 36 14 6.4 -0.2
WRND IQ Global Equity R&D Leaders ETF 8.2 18 32 7.1 +0.5
EUDG WisdomTree Europe Quality Dividend Growth Fund 8.2 58 -8 6.1 -0.5
DIVI Franklin International Core Dividend Tilt Index ETF 8.2 9 41 8.1 +1.5
IDOG ALPS International Sector Dividend Dogs ETF 8.1 50 0 11.9 +5.3
JIRE JPMorgan International Research Enhanced Equity ETF 8.1 24 26 6.8 +0.2
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 8.0 9 41 10.0 +3.4
ESGD iShares ESG Aware MSCI EAFE ETF 8.0 20 30 6.4 -0.2
JHMD John Hancock Multifactor Developed International ETF 7.9 39 11 7.5 +0.9
AVIV Avantis International Large Cap Value ETF 7.9 25 25 9.0 +2.4
LUXX Roundhill S&P Global Luxury ETF 7.8 45 5 2.7 -3.9
IQSI IQ Candriam International Equity ETF 7.7 15 35 6.5 -0.2
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 7.7 80 -30 5.5 -1.1
LEGR First Trust Indxx Innovative Transaction & Process ETF 7.7 65 -15 8.5 +1.9
GSID Goldman Sachs MarketBeta International Equity ETF 7.6 20 30 6.8 +0.1
FNDF Schwab Fundamental International Large Co. Index ETF 7.6 25 25 9.2 +2.6
GSIE Goldman Sachs ActiveBeta International Equity ETF 7.5 25 25 7.5 +0.9
LVHI Franklin International Low Volatility High Dividend Index ET 7.5 40 10 10.3 +3.7
NUDM Nuveen ESG International Developed Markets Equity ETF 7.5 31 19 6.5 -0.1
FDD First Trust Stoxx European Select Dividend Index Fund 7.5 58 -8 13.3 +6.7
HFXI IQ FTSE International Equity Currency Neutral ETF 7.5 20 30 6.9 +0.3
IEFA iShares Core MSCI EAFE ETF 7.4 7 43 2.7 -3.9
LUX Tema Luxury ETF 7.4 75 -25 3.3 -3.3
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 7.3 20 30 7.0 +0.4
EFG iShares MSCI EAFE Growth ETF 7.3 36 14 4.1 -2.5
VIGI Vanguard International Dividend Appreciation ETF 7.0 15 35 5.6 -1.0
DFIV Dimensional International Value ETF 6.9 27 23 10.0 +3.4
CEFA Global X S&P Catholic Values Developed ex-US ETF 6.9 35 15 6.5 -0.2
BKIE BNY Mellon International Equity ETF 6.8 4 46 7.0 +0.3
GCOW Pacer Global Cash Cows Dividend ETF 6.8 60 -10 13.9 +7.3
SCHF Schwab International Equity ETF 6.8 6 44 7.1 +0.5
DIHP Dimensional International High Profitability ETF 6.7 29 21 6.9 +0.3
WBAT WisdomTree Battery Value Chain and Innovation Fund 6.7 45 5 4.9 -1.7
IDEV iShares Core MSCI International Developed Markets ETF 6.6 4 46 6.8 +0.2
QEFA SPDR MSCI EAFE StrategicFactors ETF 6.5 30 20 7.0 +0.3
VYMI Vanguard International High Dividend Yield ETF 6.5 22 28 9.9 +3.3
DFAI Dimensional International Core Equity Market ETF 6.5 18 32 7.0 +0.4
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 6.5 20 30 11.0 +4.3
VEA Vanguard FTSE Developed Markets ETF 6.4 5 45 7.1 +0.5
BULD Pacer BlueStar Engineering the Future ETF 6.3 60 -10 1.1 -5.5
KOIN Capital Link Global Fintech Leaders ETF 6.3 75 -25 4.7 -2.0
ISZE iShares MSCI Intl Size Factor ETF 6.2 30 20 6.7 +0.0
DFSI Dimensional International Sustainability Core 1 ETF 6.1 24 26 6.3 -0.3
UMMA Wahed Dow Jones Islamic World ETF 6.1 65 -15 4.3 -2.3
FICS First Trust International Developed Capital Strength ETF 6.1 70 -20 6.2 -0.5
DWMF WisdomTree International Multifactor Fund 6.1 38 12 7.4 +0.8
IVEG iShares Emergent Food and AgTech Multisector ETF 6.0 47 3 8.2 +1.6
SPDW SPDR Portfolio Developed World ex-US ETF 6.0 3 47 7.0 +0.4
CIL VictoryShares International Volatility Wtd ETF 6.0 45 5 7.0 +0.3
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 5.9 51 -1 6.9 +0.3
BNE Blue Horizon BNE ETF 5.9 87 -37 5.1 -1.6
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 5.9 47 3 6.1 -0.6
FTAG First Trust Indxx Global Agriculture ETF 5.9 70 -20 9.2 +2.6
IDMO Invesco S&P International Developed Momentum ETF 5.9 25 25 6.9 +0.3
DFIC Dimensional International Core Equity 2 ETF 5.9 23 27 7.5 +0.9
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 5.7 39 11 7.7 +1.1
IQLT iShares MSCI Intl Quality Factor ETF 5.7 30 20 5.7 -0.9
DMDV AAM S&P Developed Markets High Dividend Value ETF 5.7 39 11 12.9 +6.3
IDV iShares International Select Dividend ETF 5.6 51 -1 12.8 +6.1
DSTX Distillate International Fundamental Stability & Value ETF 5.5 55 -5 8.1 +1.4
INTF iShares International Equity Factor ETF 5.5 15 35 7.9 +1.3
FPXE First Trust IPOX Europe Equity Opportunities ETF 5.5 70 -20 4.5 -2.1
TPIF Timothy Plan International ETF 5.5 62 -12 6.8 +0.2
CWI SPDR MSCI ACWI ex-US ETF 5.5 30 20 6.9 +0.3
IMTM iShares MSCI Intl Momentum Factor ETF 5.5 30 20 6.9 +0.2
AVDE Avantis International Equity ETF 5.4 23 27 8.0 +1.3
CGXU Capital Group International Focus Equity ETF 5.4 54 -4 4.2 -2.4
ACWX iShares MSCI ACWI ex U.S. ETF 5.3 34 16 6.8 +0.2
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 5.3 41 9 6.7 +0.1
VEU Vanguard FTSE All-World ex-US Index Fund 5.3 8 42 7.3 +0.7
CLOD Themes Cloud Computing ETF 5.2 35 15 3.6 -3.0
DGT SPDR Global Dow ETF 5.1 50 0 6.8 +0.1
EUDV ProShares MSCI Europe Dividend Growers ETF 5.0 55 -5 5.0 -1.6
AIVI WisdomTree International AI Enhanced Value Fund 4.9 58 -8 8.2 +1.5
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 4.8 14 36 6.2 -0.4
VSGX Vanguard ESG International Stock ETF 4.8 12 38 6.9 +0.3
FDEV Fidelity International Multifactor ETF 4.8 18 32 7.7 +1.0
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 4.8 24 26 8.6 +2.0
VXUS Vanguard Total International Stock ETF 4.8 7 43 7.2 +0.6
FDT First Trust Developed Markets ex-US AlphaDEX Fund 4.8 80 -30 10.9 +4.3
IGRO iShares International Dividend Growth ETF 4.7 15 35 7.2 +0.6
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 4.7 39 11 7.4 +0.8
EFAS Global X MSCI SuperDividend EAFE ETF 4.7 57 -7 9.9 +3.3
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 4.7 80 -30 5.7 -0.9
IXUS iShares Core MSCI Total International Stock ETF 4.6 7 43 7.0 +0.4
IBOT Vaneck Robotics ETF 4.5 47 3 3.6 -3.0
CID VictoryShares International High Div Volatility Wtd ETF 4.5 45 5 9.7 +3.1
FGD First Trust Dow Jones Global Select Dividend Index Fund 4.5 56 -6 14.4 +7.8
EFAV iShares MSCI EAFE Min Vol Factor ETF 4.4 22 28 6.3 -0.3
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 4.4 45 5 6.5 -0.2
TEMP JPMorgan Climate Change Solutions ETF 4.4 49 1 4.7 -1.9
IQDG WisdomTree International Quality Dividend Growth Fund 4.3 42 8 5.8 -0.8
KOCG FIS Knights of Columbus Global Belief ETF 4.3 75 -25 5.3 -1.3
QINT American Century Quality Diversified International ETF 4.3 39 11 7.5 +0.9
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 4.2 58 -8 5.5 -1.1
VIDI Vident International Equity Strategy ETF 4.2 61 -11 12.2 +5.6
PRNT 3D Printing ETF 4.1 66 -16 -4.1 -10.7
WWJD Inspire International ETF 4.1 80 -30 7.2 +0.6
IDLV Invesco S&P International Developed Low Volatility ETF 4.1 25 25 6.0 -0.7
RODM Hartford Multifactor Developed Markets (ex-US) ETF 4.0 29 21 8.9 +2.3
EFAD ProShares MSCI EAFE Dividend Growers ETF 4.0 50 0 5.1 -1.5
FIDI Fidelity International High Dividend ETF 4.0 18 32 10.3 +3.7
EXI iShares Global Industrials ETF 3.9 42 8 4.7 -2.0
DFAX Dimensional World ex U.S. Core Equity 2 ETF 3.9 30 20 7.9 +1.3
VCLN Virtus Duff & Phelps Clean Energy ETF 3.8 59 -9 3.6 -3.1
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 3.8 32 18 6.8 +0.2
RXI iShares Global Consumer Discretionary ETF 3.8 41 9 5.6 -1.0
IMOM Alpha Architect International Quantitative Momentum ETF 3.7 49 1 7.2 +0.6
VWID Virtus WMC International Dividend ETF 3.7 49 1 9.6 +3.0
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 3.6 42 8 6.8 +0.2
MXI iShares Global Materials ETF 3.6 41 9 6.7 +0.1
DIVS SmartETFs Dividend Builder ETF 3.6 65 -15 4.7 -1.9
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 3.5 72 -22 2.2 -4.5
JXI iShares Global Utilities ETF 3.5 43 7 7.1 +0.4
KLDW Knowledge Leaders Developed World ETF 3.4 75 -25 4.9 -1.7
ICOW Pacer Developed Markets International Cash Cows 100 ETF 3.3 65 -15 13.0 +6.4
IDHQ Invesco S&P International Developed High Quality ETF 3.2 29 21 5.8 -0.8
DRIV Global X Autonomous & Electric Vehicles ETF 3.2 68 -18 3.3 -3.3
BLLD JPMorgan Sustainable Infrastructure ETF 3.2 49 1 6.4 -0.3
AIQ Global X Artificial Intelligence & Technology ETF 3.2 68 -18 4.1 -2.6
IDRV iShares Self-driving EV & Tech ETF 3.1 47 3 -0.5 -7.1
GSFP Goldman Sachs Future Planet Equity ETF 3.1 75 -25 4.6 -2.1
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 3.1 79 -29 5.2 -1.4
FDRV Fidelity Electric Vehicles and Future Transportation ETF 3.1 39 11 -3.5 -10.1
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 3.1 68 -18 5.2 -1.4
IVAL Alpha Architect International Quantitative Value ETF 3.1 49 1 5.7 -0.9
JSTC Adasina Social Justice All Cap Global ETF 3.0 89 -39 4.8 -1.9
SUPL ProShares Supply Chain Logistics ETF 2.9 58 -8 13.0 +6.4
SCHY Schwab International Dividend Equity ETF 2.9 14 36 9.4 +2.8
FYLD Cambria Foreign Shareholder Yield ETF 2.9 59 -9 12.2 +5.6
CARZ First Trust NASDAQ Global Auto Index Fund 2.8 70 -20 3.4 -3.2
IPKW Invesco International BuyBack Achievers ETF 2.8 55 -5 9.3 +2.7
IXG iShares Global Financials ETF 2.8 42 8 7.1 +0.4
SANE Subversive Mental Health ETF 2.8 75 -25 0.0 -6.6
SEA U.S. Global Sea to Sky Cargo ETF 2.7 60 -10 24.8 +18.2
INFL Horizon Kinetics Inflation Beneficiaries ETF 2.6 85 -35 4.9 -1.7
BCDF Horizon Kinetics Blockchain Development ETF 2.6 85 -35 -0.7 -7.4
GDVD R3 Global Dividend Growth ETF 2.6 88 -38 5.9 -0.7
FPXI First Trust International Equity Opportunities ETF 2.6 70 -20 3.6 -3.0
XT iShares Exponential Technologies ETF 2.6 46 4 3.8 -2.8
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.5 47 3 10.4 +3.8
IOO iShares Global 100 ETF 2.5 41 9 4.8 -1.8
JPIN J.P. Morgan Diversified Return International Equity ETF 2.5 37 13 8.9 +2.2
BECO BlackRock Future Climate and Sustainable Economy ETF 2.5 70 -20 14.0 +7.4
IQDF FlexShares International Quality Dividend Index Fund 2.4 47 3 10.9 +4.2
IQDE FlexShares International Quality Dividend Defensive Index ET 2.4 47 3 10.9 +4.2
TOK iShares MSCI Kokusai ETF 2.4 26 24 5.3 -1.3
KOKU Xtrackers MSCI Kokusai Equity ETF 2.3 9 41 5.5 -1.1
ISHP First Trust Nasdaq Retail ETF 2.3 60 -10 3.2 -3.4
RODE Hartford Multifactor Diversified International ETF 2.2 29 21 11.7 +5.1
URTH iShares MSCI World ETF 2.2 24 26 5.4 -1.2
QWLD SPDR MSCI World StrategicFactors ETF 2.2 30 20 6.1 -0.5
FDRR Fidelity Dividend ETF for Rising Rates 2.2 15 35 8.0 +1.4
ESGG FlexShares STOXX Global ESG Select Index Fund 2.2 42 8 5.1 -1.5
DIM WisdomTree International MidCap Dividend Fund 2.2 58 -8 7.7 +1.1
FAN First Trust Global Wind Energy ETF 2.1 60 -10 5.6 -1.0
DEW WisdomTree Global High Dividend Fund 2.1 58 -8 9.4 +2.8
FID First Trust S&P International Dividend Aristocrats ETF 2.1 60 -10 10.0 +3.4
HART IQ Healthy Hearts ETF 2.1 45 5 5.4 -1.2
NTZG Nuveen Global Net Zero Transition ETF 2.0 56 -6 4.9 -1.7
IXP iShares Global Comm Services ETF 2.0 42 8 5.2 -1.4
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 2.0 25 25 6.1 -0.6
WLDR Affinity World Leaders Equity ETF 2.0 67 -17 8.5 +1.9
HAP VanEck Natural Resources ETF 2.0 50 0 9.7 +3.1
MOO VanEck Agribusiness ETF 2.0 53 -3 9.5 +2.9
BLES Inspire Global Hope ETF 2.0 61 -11 6.4 -0.2
ACWI iShares MSCI ACWI ETF 2.0 32 18 5.5 -1.1
IDAT iShares Future Cloud 5G and Tech ETF 1.9 47 3 4.5 -2.1
ANEW ProShares MSCI Transformational Changes ETF 1.8 45 5 3.3 -3.3
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.8 12 38 8.8 +2.2
IFGL iShares International Developed Real Estate ETF 1.8 48 2 7.1 +0.4
SDG iShares MSCI Global Sustainable Development Goals ETF 1.8 49 1 5.9 -0.7
WPS iShares International Developed Property ETF 1.8 48 2 7.3 +0.6
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.8 10 40 8.2 +1.6
VT Vanguard Total World Stock ETF 1.8 7 43 5.9 -0.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.8 9 41 5.7 -0.9
SHLD Global X Defense Tech ETF 1.7 50 0 4.9 -1.7
GINN Goldman Sachs Innovate Equity ETF 1.7 52 -2 2.7 -3.9
IXN iShares Global Tech ETF 1.6 41 9 4.2 -2.4
ERET iShares Environmentally Aware Real Estate ETF 1.6 30 20 7.4 +0.8
IQM Franklin Intelligent Machines ETF 1.6 50 0 3.0 -3.6
WDIV SPDR S&P Global Dividend ETF 1.5 40 10 10.5 +3.9
GLIF AGF Global Infrastructure ETF 1.5 45 5 5.5 -1.1
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.5 58 -8 4.6 -2.0
ROBO ROBO Global Robotics & Automation Index ETF 1.5 95 -45 2.8 -3.8
NXTG First Trust Indxx NextG ETF 1.5 70 -20 6.0 -0.6
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.5 20 30 5.6 -1.0
MDEV First Trust Indxx Medical Devices ETF 1.5 70 -20 3.9 -2.7
RAYD Rayliant Quantitative Developed Market Equity ETF 1.5 80 -30 4.5 -2.1
DFIS Dimensional International Small Cap ETF 1.4 39 11 6.8 +0.1
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 1.4 75 -25 8.1 +1.5
GREI Goldman Sachs Future Real Estate and Infrastructure Equity E 1.4 75 -25 5.0 -1.6
GLOF iShares Global Equity Factor ETF 1.4 20 30 7.1 +0.4
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.4 61 -11 -4.2 -10.8
DWX SPDR S&P International Dividend ETF 1.3 45 5 7.3 +0.6
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 1.3 58 -8 9.2 +2.6
IXJ iShares Global Healthcare ETF 1.3 42 8 6.2 -0.4
GTEK Goldman Sachs Future Tech Leaders Equity ETF 1.3 75 -25 3.1 -3.5
SAGP Strategas Global Policy Opportunities ETF 1.3 65 -15 4.5 -2.1
KNCT Invesco Next Gen Connectivity ETF 1.3 40 10 5.8 -0.8
IGF iShares Global Infrastructure ETF 1.2 41 9 5.3 -1.4
FDNI First Trust Dow Jones International Internet ETF 1.2 65 -15 3.0 -3.7
GII SPDR S&P Global Infrastructure ETF 1.2 40 10 5.3 -1.4
BITQ Bitwise Crypto Industry Innovators ETF 1.2 85 -35 -5.2 -11.8
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.2 12 38 5.1 -1.6
CANC Tema Oncology ETF 1.2 75 -25 -4.4 -11.0
HTEC ROBO Global Healthcare Technology and Innovation ETF 1.2 68 -18 1.1 -5.5
JIG JPMorgan International Growth ETF 1.1 55 -5 4.3 -2.3
TTAI FCF International Quality ETF 1.1 59 -9 7.4 +0.8
ISCF iShares International SmallCap Equity Factor ETF 1.1 23 27 8.8 +2.2
SYNB Putnam BioRevolution ETF 1.1 70 -20 2.9 -3.7
TMFG Motley Fool Global Opportunities ETF 1.1 85 -35 3.3 -3.3
QTUM Defiance Quantum ETF 1.1 40 10 3.9 -2.8
OGIG ALPS O'Shares Global Internet Giants ETF 1.0 48 2 0.5 -6.2
ACWV iShares MSCI Global Min Vol Factor ETF 0.9 20 30 6.8 +0.2
KXI iShares Global Consumer Staples ETF 0.9 41 9 5.8 -0.8
IBUY Amplify Online Retail ETF 0.8 65 -15 1.8 -4.8
IMFL Invesco International Developed Dynamic Multifactor ETF 0.8 34 16 10.8 +4.1
IPOS Renaissance International IPO ETF 0.8 80 -30 -169.3 -175.9
LOUP Innovator Deepwater Frontier Tech ETF 0.8 70 -20 2.2 -4.4
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 0.8 47 3 0.7 -6.0
PTEC Global X PropTech ETF 0.8 50 0 1.7 -4.9
CGV Conductor Global Equity Value ETF 0.7 130 -80 11.4 +4.8
ETEC iShares Breakthrough Environmental Solutions ETF 0.7 47 3 5.4 -1.3
FDVV Fidelity High Dividend ETF 0.7 15 35 9.1 +2.5
BMED Future Health ETF 0.7 85 -35 0.2 -6.4
HELX Franklin Genomic Advancements ETF 0.7 50 0 1.7 -5.0
FNDC Schwab Fundamental International Small Co. Index ETF 0.7 39 11 6.9 +0.3
FINE Themes European Luxury ETF 0.6 35 15 -2.2 -8.8
MVPS Amplify Thematic All-Stars ETF 0.6 49 1 1.6 -5.0
AGNG Global X Aging Population ETF 0.5 50 0 4.2 -2.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.5 49 1 6.8 +0.1
WDNA WisdomTree BioRevolution Fund 0.5 45 5 -4.5 -11.1
MOTG VanEck Morningstar Global Wide Moat ETF 0.5 52 -2 5.8 -0.8
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 0.4 86 -36 2.0 -4.6
OND ProShares On-Demand ETF 0.4 58 -8 -2.4 -9.1
DINT Davis Select International ETF 0.4 55 -5 5.0 -1.7
DWLD Davis Select Worldwide ETF 0.4 63 -13 5.8 -0.8
IWFH iShares Virtual Work and Life Multisector ETF 0.4 47 3 -3.5 -10.2
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.4 86 -36 2.1 -4.5
RWO SPDR Dow Jones Global Real Estate ETF 0.4 50 0 7.0 +0.4
RWX SPDR Dow Jones International Real Estate ETF 0.4 59 -9 7.3 +0.6
GQRE FlexShares Global Quality Real Estate Index Fund 0.4 45 5 6.9 +0.3
BTEK Future Tech ETF 0.4 88 -38 2.0 -4.6
DTEC ALPS Disruptive Technologies ETF 0.4 50 0 3.3 -3.3
CGGR Capital Group Growth ETF 0.4 39 11 3.4 -3.2
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.4 65 -15 1.6 -5.0
TOLL Tema Monopolies and Oligopolies ETF 0.3 75 -25 2.6 -4.0
CRUZ Defiance Hotel Airline and Cruise ETF 0.3 45 5 -5.1 -11.7
JETS U.S. Global Jets ETF 0.3 60 -10 -16.4 -23.0
JRNY ALPS Global Travel Beneficiaries ETF 0.3 65 -15 0.0 -6.6
FPAG FPA Global Equity ETF 0.2 49 1 5.7 -0.9
APIE ActivePassive International Equity ETF 0.2 45 5 7.9 +1.3
GGME Invesco Next Gen Media and Gaming ETF 0.2 60 -10 4.0 -2.7
IGPT Invesco AI and Next Gen Software ETF 0.1 60 -10 3.6 -3.0
RVRB Reverb ETF 0.1 30 20 5.0 -1.7

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2019 2020 2021 2022 2023 2024E 2025E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2023 2024E 2025E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 iShares MSCI 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 9.5 %
Divided by: Fwd. P/BV 1.3 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		 1.43 CATEGORY
AVERAGE		 1.51
 
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.