iShares MSCI Germany ETF
ALTAR
Score™		 6.5% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 15.5x P/Sales
ratio		 1.2x
P/BV
ratio		 1.7x 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) $2,041
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) $121,189
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 15.4 %
SIEMENS AG-REG 10.8 %
ALLIANZ SE-REG 8.3 %
DEUTSCHE TELEKOM AG 7.2 %
MUENCHENER RUECKVER AG-REG 4.7 %
RHEINMETALL AG 3.6 %
DEUTSCHE BOERSE AG 3.1 %
BASF SE 2.9 %
INFINEON TECHNOLOGIES AG 2.8 %
DAIMLER AG-REGISTERED SHARES 2.6 %
Total 61.4 %

TOP COUNTRY EXPOSURE
GERMANY 98.5 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
13.4% 20.6% 9.4% 4.5% 5.9%

Market Correlations
versus... Beta R-squared
S&P500 1.10 65%
MSCI EAFE 1.29 92%
MSCI Emg. Mkts. 1.07 64%

Technical Indicators
Recent close $37.38
30d moving avg. $37.52
Annualized volatility 23.3%
Short interest (ETF) 4.6%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 4,236
Turnover 7.8%
Bid/Ask (% of price) 0.04%
ADV underlying (mns) $2,437

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 306 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™: 6.5%


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 91.5 21 29 6.8 +0.3
FLGR Franklin FTSE Germany ETF 85.4 9 41 6.8 +0.3
FGM First Trust Germany AlphaDEX Fund 43.3 80 -30 9.0 +2.5
FEZ SPDR EURO STOXX 50 ETF 28.9 29 21 7.2 +0.6
EZU iShares MSCI Eurozone ETF 28.8 52 -2 6.8 +0.3
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 26.6 45 5 6.6 +0.1
HEDJ WisdomTree Europe Hedged Equity Fund 24.0 58 -8 6.6 +0.1
FEUZ First Trust Eurozone AlphaDEX ETF 19.3 80 -30 9.2 +2.7
DTAN Sparkline International Intangible Value ETF 16.8 55 -5 7.2 +0.7
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 15.5 25 25 7.2 +0.7
OEUR ALPS O'Shares Europe Quality Dividend ETF 15.1 48 2 5.9 -0.6
IEV iShares Europe ETF 15.0 67 -17 6.9 +0.4
EUFN iShares MSCI Europe Financials ETF 14.9 51 -1 8.5 +2.0
DBEU Xtrackers MSCI Europe Hedged Equity ETF 14.7 46 4 6.8 +0.3
BBEU JPMorgan BetaBuilders Europe ETF 14.0 9 41 7.2 +0.7
IEUR iShares Core MSCI Europe ETF 13.7 11 39 7.4 +0.9
OSEA Harbor International Compounders ETF 13.5 55 -5 4.7 -1.8
VGK Vanguard FTSE Europe ETF 13.4 11 39 7.5 +1.0
SPEU SPDR Portfolio Europe ETF 13.2 7 43 7.5 +1.0
FLEE Franklin FTSE Europe ETF 13.0 9 41 7.0 +0.5
IDMO Invesco S&P International Developed Momentum ETF 12.8 25 25 5.7 -0.8
CLNR IQ Cleaner Transport ETF 12.5 45 5 7.3 +0.7
IVLU iShares MSCI Intl Value Factor ETF 12.4 30 20 11.1 +4.6
FEP First Trust Europe AlphaDEX Fund 12.1 80 -30 9.3 +2.8
MOTO SmartETFs Smart Transportation & Technology ETF 12.1 68 -18 7.8 +1.2
IMOM Alpha Architect International Quantitative Momentum ETF 12.0 49 1 4.8 -1.8
IMTM iShares MSCI Intl Momentum Factor ETF 11.9 30 20 5.6 -0.9
SHPP Pacer Industrials and Logistics ETF 11.9 60 -10 5.1 -1.4
IMFL Invesco International Developed Dynamic Multifactor ETF 11.4 34 16 6.2 -0.3
EFV iShares MSCI EAFE Value ETF 11.0 34 16 9.4 +2.9
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 10.7 20 30 6.6 +0.1
FIVA Fidelity International Value Factor ETF 10.7 18 32 10.5 +4.0
EUDG WisdomTree Europe Quality Dividend Growth Fund 10.7 58 -8 6.5 +0.0
INEQ Columbia International Equity Income ETF 10.7 45 5 8.7 +2.2
FENI Fidelity Enhanced International ETF 10.7 28 22 7.0 +0.5
JIRE JPMorgan International Research Enhanced Equity ETF 10.4 24 26 7.4 +0.9
PATN Pacer Nasdaq International Patent Leaders ETF 10.4 65 -15 4.0 -2.5
EFA iShares MSCI EAFE ETF 10.2 35 15 7.0 +0.5
DIVI Franklin International Core Dividend Tilt Index ETF 10.0 9 41 8.2 +1.7
CEFA Global X S&P Catholic Values Developed ex-US ETF 10.0 35 15 5.9 -0.7
STXI Strive International Developed Markets ETF 9.9 29 21 5.9 -0.6
JHID John Hancock International High Dividend ETF 9.9 46 4 10.3 +3.8
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 9.7 45 5 9.3 +2.8
AVIV Avantis International Large Cap Value ETF 9.7 25 25 9.3 +2.8
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 9.7 36 14 6.9 +0.4
IQSI IQ Candriam International Equity ETF 9.6 15 35 6.7 +0.2
OCEN IQ Clean Oceans ETF 9.5 45 5 5.7 -0.8
GSIE Goldman Sachs ActiveBeta International Equity ETF 9.5 25 25 7.5 +1.0
ESGD iShares ESG Aware MSCI EAFE ETF 9.5 20 30 7.1 +0.6
UIVM VictoryShares International Value Momentum ETF 9.5 35 15 9.5 +3.0
HFXI IQ FTSE International Equity Currency Neutral ETF 9.3 20 30 7.4 +0.9
EFG iShares MSCI EAFE Growth ETF 9.3 36 14 4.5 -2.0
ICOW Pacer Developed Markets International Cash Cows 100 ETF 9.1 65 -15 12.2 +5.7
IDOG ALPS International Sector Dividend Dogs ETF 9.1 50 0 12.2 +5.7
BULD Pacer BlueStar Engineering the Future ETF 9.1 60 -10 2.0 -4.5
DIHP Dimensional International High Profitability ETF 8.9 29 21 7.4 +0.9
GSID Goldman Sachs MarketBeta International Equity ETF 8.9 20 30 7.1 +0.6
IEFA iShares Core MSCI EAFE ETF 8.7 7 43 7.4 +0.8
IQDG WisdomTree International Quality Dividend Growth Fund 8.7 42 8 7.2 +0.7
LEGR First Trust Indxx Innovative Transaction & Process ETF 8.6 65 -15 8.6 +2.0
LVHI Franklin International Low Volatility High Dividend Index ET 8.6 40 10 11.0 +4.5
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 8.6 58 -8 7.1 +0.5
FNDF Schwab Fundamental International Large Co. Index ETF 8.5 25 25 10.1 +3.6
JHMD John Hancock Multifactor Developed International ETF 8.4 39 11 7.8 +1.3
BKCI BNY Mellon Concentrated International ETF 8.4 80 -30 4.9 -1.6
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 8.4 47 3 5.7 -0.9
NUDM Nuveen ESG International Developed Markets Equity ETF 8.4 31 19 6.6 +0.1
DMXF iShares ESG Advanced MSCI EAFE ETF 8.3 12 38 5.8 -0.8
WRND IQ Global Equity R&D Leaders ETF 8.2 18 32 7.9 +1.4
DWMF WisdomTree International Multifactor Fund 8.1 38 12 6.9 +0.4
DFIV Dimensional International Value ETF 8.1 27 23 10.4 +3.9
FICS First Trust International Developed Capital Strength ETF 8.1 70 -20 5.7 -0.8
DOL WisdomTree International LargeCap Dividend Fund 8.1 48 2 7.5 +1.0
SCHF Schwab International Equity ETF 8.0 6 44 7.7 +1.2
CGXU Capital Group International Focus Equity ETF 8.0 54 -4 5.9 -0.7
QEFA SPDR MSCI EAFE StrategicFactors ETF 8.0 30 20 7.3 +0.8
BKIE BNY Mellon International Equity ETF 7.9 4 46 7.3 +0.8
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 7.8 12 38 6.2 -0.3
IDEV iShares Core MSCI International Developed Markets ETF 7.8 4 46 7.4 +0.8
DFAI Dimensional International Core Equity Market ETF 7.7 18 32 7.6 +1.1
RFEU First Trust Riverfront Dynamic Europe ETF 7.7 83 -33 10.0 +3.5
IDHQ Invesco S&P International Developed High Quality ETF 7.7 29 21 6.7 +0.2
PCGG Polen Capital Global Growth ETF 7.7 85 -35 3.8 -2.7
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 7.6 9 41 9.2 +2.7
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 7.5 20 30 6.7 +0.2
VWID Virtus WMC International Dividend ETF 7.5 49 1 8.8 +2.3
DFIC Dimensional International Core Equity 2 ETF 7.5 23 27 7.9 +1.4
CGIE Capital Group International Equity ETF 7.5 54 -4 5.1 -1.4
VIGI Vanguard International Dividend Appreciation ETF 7.5 15 35 6.2 -0.3
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 7.4 80 -30 4.9 -1.6
VEA Vanguard FTSE Developed Markets ETF 7.4 5 45 7.6 +1.0
QINT American Century Quality Diversified International ETF 7.4 39 11 7.6 +1.1
VYMI Vanguard International High Dividend Yield ETF 7.4 22 28 10.0 +3.5
PPIE Putnam PanAgora ESG International Equity ETF 7.3 49 1 7.8 +1.3
IPKW Invesco International BuyBack Achievers ETF 7.3 55 -5 15.3 +8.8
DFSI Dimensional International Sustainability Core 1 ETF 7.2 24 26 6.6 +0.1
IQLT iShares MSCI Intl Quality Factor ETF 7.2 30 20 6.3 -0.2
SPDW SPDR Portfolio Developed World ex-US ETF 7.1 3 47 7.5 +1.0
CIL VictoryShares International Volatility Wtd ETF 7.1 45 5 7.0 +0.4
DSTX Distillate International Fundamental Stability & Value ETF 6.9 55 -5 8.4 +1.9
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 6.7 80 -30 5.7 -0.8
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 6.7 32 18 6.1 -0.4
UMMA Wahed Dow Jones Islamic World ETF 6.7 65 -15 5.3 -1.3
FIDI Fidelity International High Dividend ETF 6.7 18 32 9.0 +2.5
RFDI First Trust Riverfront Dynamic Developed International ETF 6.5 83 -33 10.0 +3.5
AVSD Avantis Responsible International Equity ETF 6.4 23 27 6.8 +0.3
ACWX iShares MSCI ACWI ex U.S. ETF 6.4 34 16 8.1 +1.6
IBOT Vaneck Robotics ETF 6.4 47 3 4.6 -1.9
INTF iShares International Equity Factor ETF 6.4 15 35 8.1 +1.6
FDT First Trust Developed Markets ex-US AlphaDEX Fund 6.3 80 -30 10.0 +3.5
DWM WisdomTree International Equity Fund 6.3 48 2 7.7 +1.2
CWI SPDR MSCI ACWI ex-US ETF 6.3 30 20 8.2 +1.7
FDD First Trust Stoxx European Select Dividend Index Fund 6.3 58 -8 12.4 +5.9
AVDE Avantis International Equity ETF 6.2 23 27 8.0 +1.5
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 6.2 40 10 7.5 +1.0
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 6.1 41 9 7.1 +0.6
TPIF Timothy Plan International ETF 6.0 62 -12 6.5 +0.0
KOCG FIS Knights of Columbus Global Belief ETF 6.0 75 -25 5.4 -1.2
VEU Vanguard FTSE All-World ex-US Index Fund 5.9 8 42 8.5 +2.0
WBAT WisdomTree Battery Value Chain and Innovation Fund 5.8 45 5 0.0 -6.5
GCOW Pacer Global Cash Cows Dividend ETF 5.8 60 -10 10.9 +4.4
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 5.6 39 11 8.3 +1.8
EFAV iShares MSCI EAFE Min Vol Factor ETF 5.6 22 28 5.8 -0.7
GXUS Goldman Sachs MarketBeta Total International Equity ETF 5.6 18 32 8.1 +1.6
IXUS iShares Core MSCI Total International Stock ETF 5.5 7 43 8.3 +1.8
WWJD Inspire International ETF 5.5 80 -30 7.6 +1.1
VXUS Vanguard Total International Stock ETF 5.4 7 43 8.3 +1.8
EXI iShares Global Industrials ETF 5.4 42 8 4.9 -1.6
DGT SPDR Global Dow ETF 5.3 50 0 7.5 +1.0
EFAS Global X MSCI SuperDividend EAFE ETF 5.2 57 -7 8.5 +2.0
PRNT 3D Printing ETF 5.2 66 -16 1.5 -5.0
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 5.1 14 36 6.0 -0.5
BINV Brandes International ETF 5.1 70 -20 9.5 +3.0
VSGX Vanguard ESG International Stock ETF 5.0 12 38 8.2 +1.7
CLOD Themes Cloud Computing ETF 5.0 35 15 2.1 -4.4
DFAX Dimensional World ex U.S. Core Equity 2 ETF 4.9 30 20 8.6 +2.1
IVEG iShares Emergent Food and AgTech Multisector ETF 4.8 47 3 8.5 +2.0
NATO Themes Transatlantic Defense ETF 4.7 35 15 3.2 -3.3
JGLO JPMorgan Global Select Equity ETF 4.7 33 17 5.1 -1.4
FTAG First Trust Indxx Global Agriculture ETF 4.6 70 -20 8.1 +1.6
IDLV Invesco S&P International Developed Low Volatility ETF 4.5 25 25 6.3 -0.2
MOTG VanEck Morningstar Global Wide Moat ETF 4.5 52 -2 6.7 +0.2
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 4.4 39 11 7.0 +0.4
IGRO iShares International Dividend Growth ETF 4.3 15 35 7.3 +0.8
OAIM OneAscent International Equity ETF 4.3 95 -45 6.2 -0.4
KNO AXS Knowledge Leaders ETF 4.3 78 -28 6.1 -0.4
DTH WisdomTree International High Dividend Fund 4.2 58 -8 9.1 +2.6
IDV iShares International Select Dividend ETF 4.0 51 -1 11.6 +5.1
RODM Hartford Multifactor Developed Markets (ex-US) ETF 4.0 29 21 8.2 +1.7
FYLD Cambria Foreign Shareholder Yield ETF 4.0 59 -9 12.5 +6.0
FGD First Trust Dow Jones Global Select Dividend Index Fund 3.9 56 -6 12.6 +6.1
MXI iShares Global Materials ETF 3.9 41 9 8.0 +1.5
FBOT Fidelity Disruptive Automation ETF 3.9 50 0 4.0 -2.6
FDEV Fidelity International Multifactor ETF 3.8 18 32 7.7 +1.2
VIDI Vident International Equity Strategy ETF 3.8 61 -11 12.0 +5.5
EUDV ProShares MSCI Europe Dividend Growers ETF 3.7 55 -5 6.9 +0.4
MOTI VanEck Morningstar International Moat ETF 3.6 58 -8 12.8 +6.3
SHLD Global X Defense Tech ETF 3.6 50 0 3.8 -2.7
AIVI WisdomTree International AI Enhanced Value Fund 3.6 58 -8 7.5 +1.0
FAN First Trust Global Wind Energy ETF 3.6 60 -10 5.3 -1.3
LUX Tema Luxury ETF 3.5 75 -25 2.6 -3.9
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 3.5 65 -15 4.1 -2.4
FPXE First Trust IPOX Europe Equity Opportunities ETF 3.5 70 -20 4.5 -2.0
JIG JPMorgan International Growth ETF 3.4 55 -5 4.8 -1.7
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 3.3 24 26 6.4 -0.1
AIQ Global X Artificial Intelligence & Technology ETF 3.3 68 -18 4.7 -1.9
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 3.2 42 8 6.8 +0.3
IXG iShares Global Financials ETF 3.2 42 8 7.2 +0.7
COPY Tweedy, Browne Insider + Value ETF 3.2 80 -30 12.6 +6.1
TEMP JPMorgan Climate Change Solutions ETF 3.1 49 1 5.9 -0.7
RXI iShares Global Consumer Discretionary ETF 3.1 41 9 9.2 +2.7
IXP iShares Global Comm Services ETF 3.1 42 8 6.7 +0.2
FDTX Fidelity Disruptive Technology ETF 3.1 50 0 3.0 -3.5
IBAT iShares Energy Storage & Materials ETF 3.1 47 3 5.3 -1.2
DRIV Global X Autonomous & Electric Vehicles ETF 3.1 68 -18 6.8 +0.3
INFL Horizon Kinetics Inflation Beneficiaries ETF 3.1 85 -35 3.9 -2.6
BCDF Horizon Kinetics Blockchain Development ETF 3.1 85 -35 4.5 -2.1
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 3.1 25 25 6.0 -0.5
RAYD Rayliant Quantitative Developed Market Equity ETF 3.1 80 -30 4.7 -1.8
AGQI First Trust Active Global Quality Income ETF 3.1 85 -35 6.6 +0.1
BLES Inspire Global Hope ETF 3.0 61 -11 6.8 +0.3
JXI iShares Global Utilities ETF 3.0 43 7 6.0 -0.5
IQDY FlexShares International Quality Dividend Dynamic Index Fund 3.0 47 3 9.0 +2.5
DIVS SmartETFs Dividend Builder ETF 3.0 65 -15 4.9 -1.6
IQDF FlexShares International Quality Dividend Index Fund 3.0 47 3 9.5 +3.0
QWLD SPDR MSCI World StrategicFactors ETF 3.0 30 20 5.9 -0.6
DWX SPDR S&P International Dividend ETF 2.9 45 5 6.6 +0.0
EFAD ProShares MSCI EAFE Dividend Growers ETF 2.8 50 0 5.8 -0.7
FDRV Fidelity Electric Vehicles and Future Transportation ETF 2.8 39 11 -1.1 -7.6
GSFP Goldman Sachs Future Planet Equity ETF 2.8 75 -25 4.8 -1.7
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 2.8 79 -29 5.9 -0.7
IDAT iShares Future Cloud 5G and Tech ETF 2.8 47 3 4.8 -1.8
IOO iShares Global 100 ETF 2.8 41 9 5.4 -1.2
ESGG FlexShares STOXX Global ESG Select Index Fund 2.8 42 8 5.4 -1.1
TTAI FCF International Quality ETF 2.7 59 -9 6.9 +0.4
TOK iShares MSCI Kokusai ETF 2.7 26 24 5.2 -1.4
FID First Trust S&P International Dividend Aristocrats ETF 2.7 60 -10 9.1 +2.5
RODE Hartford Multifactor Diversified International ETF 2.7 29 21 9.9 +3.4
BLLD JPMorgan Sustainable Infrastructure ETF 2.7 49 1 4.8 -1.7
JPIN J.P. Morgan Diversified Return International Equity ETF 2.7 37 13 8.9 +2.4
KOKU Xtrackers MSCI Kokusai Equity ETF 2.6 9 41 5.5 -1.0
URTH iShares MSCI World ETF 2.6 24 26 5.5 -1.0
HART IQ Healthy Hearts ETF 2.5 45 5 6.6 +0.1
GSIB Themes Global Systemically Important Banks ETF 2.5 35 15 12.4 +5.9
SUPL ProShares Supply Chain Logistics ETF 2.5 58 -8 5.4 -1.2
SCHY Schwab International Dividend Equity ETF 2.5 14 36 9.8 +3.3
CARZ First Trust NASDAQ Global Auto Index Fund 2.4 70 -20 6.0 -0.5
VCLN Virtus Duff & Phelps Clean Energy ETF 2.4 59 -9 6.2 -0.3
ISHP First Trust Nasdaq Retail ETF 2.3 60 -10 5.5 -1.0
NETZ TCW Transform Systems ETF 2.3 75 -25 3.4 -3.1
ETEC iShares Breakthrough Environmental Solutions ETF 2.3 47 3 5.8 -0.7
GINN Goldman Sachs Innovate Equity ETF 2.3 52 -2 4.4 -2.2
ACWI iShares MSCI ACWI ETF 2.3 32 18 6.0 -0.5
IVAL Alpha Architect International Quantitative Value ETF 2.3 49 1 10.6 +4.1
KLMT Invesco MSCI Global Climate 500 ETF 2.3 10 40 6.1 -0.4
CGDG Capital Group Dividend Growers ETF 2.3 47 3 6.3 -0.2
IXN iShares Global Tech ETF 2.2 41 9 4.5 -2.0
JSTC Adasina Social Justice All Cap Global ETF 2.2 89 -39 4.5 -2.0
IDRV iShares Self-driving EV & Tech ETF 2.2 47 3 2.5 -4.0
XT iShares Exponential Technologies ETF 2.2 46 4 5.5 -1.0
DIM WisdomTree International MidCap Dividend Fund 2.1 58 -8 7.7 +1.2
WDIV SPDR S&P Global Dividend ETF 2.1 40 10 9.6 +3.1
FPXI First Trust International Equity Opportunities ETF 2.1 70 -20 3.9 -2.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 2.1 9 41 6.1 -0.4
VT Vanguard Total World Stock ETF 2.0 7 43 6.3 -0.2
CZAR Themes Natural Monopoly ETF 2.0 35 15 2.8 -3.7
NXTG First Trust Indxx NextG ETF 2.0 70 -20 5.8 -0.7
ROBO ROBO Global Robotics & Automation Index ETF 2.0 95 -45 4.0 -2.5
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.9 58 -8 5.5 -1.0
KNCT Invesco Next Gen Connectivity ETF 1.9 40 10 5.1 -1.5
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 1.8 58 -8 9.0 +2.4
FRNW Fidelity Clean Energy ETF 1.8 39 11 4.2 -2.3
QTUM Defiance Quantum ETF 1.6 40 10 7.7 +1.2
OGIG ALPS O'Shares Global Internet Giants ETF 1.6 48 2 1.9 -4.6
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.6 20 30 6.0 -0.5
DEW WisdomTree Global High Dividend Fund 1.5 58 -8 7.7 +1.2
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.5 10 40 7.5 +1.0
IFGL iShares International Developed Real Estate ETF 1.5 48 2 6.3 -0.3
SDG iShares MSCI Global Sustainable Development Goals ETF 1.5 49 1 6.0 -0.5
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.5 12 38 7.7 +1.2
ERET iShares Environmentally Aware Real Estate ETF 1.5 30 20 3.1 -3.4
ACWV iShares MSCI Global Min Vol Factor ETF 1.5 20 30 5.9 -0.7
IPAV Global X Infrastructure Development ex-U.S. ETF 1.5 55 -5 4.5 -2.0
ISCF iShares International SmallCap Equity Factor ETF 1.4 23 27 8.6 +2.1
HAP VanEck Natural Resources ETF 1.4 50 0 10.0 +3.5
MOO VanEck Agribusiness ETF 1.4 53 -3 10.8 +4.3
KROP Global X AgTech & Food Innovation ETF 1.4 50 0 7.0 +0.5
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.4 61 -11 1.4 -5.1
GLOF iShares Global Equity Factor ETF 1.3 20 30 6.8 +0.3
DFIS Dimensional International Small Cap ETF 1.3 39 11 7.9 +1.4
IXJ iShares Global Healthcare ETF 1.3 42 8 6.6 +0.1
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 1.2 75 -25 7.3 +0.8
ANEW ProShares MSCI Transformational Changes ETF 1.2 45 5 7.0 +0.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.2 12 38 5.1 -1.4
TMFG Motley Fool Global Opportunities ETF 1.1 85 -35 3.5 -3.0
CGGO Capital Group Global Growth Equity ETF 1.1 47 3 5.0 -1.5
FDNI First Trust Dow Jones International Internet ETF 1.1 65 -15 19.5 +12.9
LST Leuthold Select Industries ETF 1.1 91 -41 6.1 -0.4
IGF iShares Global Infrastructure ETF 1.1 41 9 4.9 -1.6
GII SPDR S&P Global Infrastructure ETF 1.1 40 10 4.9 -1.6
THNR Amplify Weight Loss Drug & Treatment ETF 1.1 59 -9 5.8 -0.7
RGEF Rockefeller Global Equity ETF 1.0 55 -5 5.2 -1.3
IQRA IQ CBRE Real Assets ETF 1.0 65 -15 2.7 -3.9
KXI iShares Global Consumer Staples ETF 1.0 41 9 5.4 -1.1
FDRR Fidelity Dividend ETF for Rising Rates 1.0 15 35 7.6 +1.1
WDNA WisdomTree BioRevolution Fund 0.9 45 5 0.0 -6.5
FDHT Fidelity Digital Health ETF 0.9 39 11 1.9 -4.6
HTEC ROBO Global Healthcare Technology and Innovation ETF 0.9 68 -18 2.5 -4.1
MDEV First Trust Indxx Medical Devices ETF 0.9 70 -20 1.2 -5.4
PTEC Global X PropTech ETF 0.8 50 0 2.5 -4.0
GLBL Pacer MSCI World Industry Advantage ETF 0.8 65 -15 5.0 -1.5
SYNB Putnam BioRevolution ETF 0.8 70 -20 3.2 -3.3
IBUY Amplify Online Retail ETF 0.7 65 -15 3.7 -2.9
IQM Franklin Intelligent Machines ETF 0.7 50 0 2.6 -3.9
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.6 65 -15 3.5 -3.0
SAGP Strategas Global Policy Opportunities ETF 0.5 65 -15 5.3 -1.3
AGNG Global X Aging Population ETF 0.5 50 0 4.2 -2.3
FNDC Schwab Fundamental International Small Co. Index ETF 0.5 39 11 6.3 -0.2
BOTT Themes Robotics & Automation ETF 0.5 35 15 4.5 -2.1
DISV Dimensional International Small Cap Value ETF 0.5 42 8 9.7 +3.1
WLDR Affinity World Leaders Equity ETF 0.4 67 -17 8.3 +1.8
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.4 49 1 7.3 +0.8
DTEC ALPS Disruptive Technologies ETF 0.4 50 0 4.0 -2.5
TOGA Tremblant Global ETF 0.4 69 -19 2.5 -4.1
BMED Future Health ETF 0.4 85 -35 2.4 -4.1
HELX Franklin Genomic Advancements ETF 0.4 50 0 0.1 -6.4
IPOS Renaissance International IPO ETF 0.4 80 -30 2.4 -4.1
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.4 72 -22 -1.2 -7.7
FINE Themes European Luxury ETF 0.4 35 15 0.5 -6.0
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.3 68 -18 2.7 -3.8
RWO SPDR Dow Jones Global Real Estate ETF 0.3 50 0 2.9 -3.7
RWX SPDR Dow Jones International Real Estate ETF 0.3 59 -9 5.9 -0.6
APIE ActivePassive International Equity ETF 0.3 45 5 7.7 +1.2
GGME Invesco Next Gen Media and Gaming ETF 0.3 60 -10 5.0 -1.6
CRUZ Defiance Hotel Airline and Cruise ETF 0.3 45 5 3.1 -3.4
JETS U.S. Global Jets ETF 0.3 60 -10 4.2 -2.4
AIRL Themes Airlines ETF 0.3 35 15 -7.8 -14.3
DINT Davis Select International ETF 0.3 55 -5 8.3 +1.8
DWLD Davis Select Worldwide ETF 0.3 63 -13 7.8 +1.3
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.3 86 -36 13.7 +7.2
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 0.3 86 -36 0.4 -6.2
FPAG FPA Global Equity ETF 0.3 49 1 6.3 -0.2
OND ProShares On-Demand ETF 0.3 58 -8 1.5 -5.0
BUYZ Franklin Disruptive Commerce ETF 0.2 50 0 2.6 -4.0
IGPT Invesco AI and Next Gen Software ETF 0.2 60 -10 4.9 -1.6
RVRB Reverb ETF 0.1 30 20 3.7 -2.8

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 11.9 %
Divided by: Fwd. P/BV 1.7 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 6.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.58 CATEGORY
AVERAGE		 1.60
 
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.