iShares MSCI Hong Kong ETF
ALTAR
Score™		 5.0% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 15.2x P/Sales
ratio		 2.6x
P/BV
ratio		 1.1x Div.
yield		 4.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares MSCI Hong Kong Index fund seeks investment results that correspond to the price and yield performance of the MSCI Hong Kong Index. The index consists primarily of large cap stocks traded on the Hong Kong Stock Exchange.

FUND BASICS
Category International Equities
Fund Sponsor Barclays Global Investors
Website www.ishares.com
Inception date Mar 12, 1996
Assets (mns) $678
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 27
Wgt avg mkt cap (mns) $46,865
Large cap (>$10bn) 93.4%
Mid cap ($2-10bn) 6.6%
Small cap (<$2bn) 0.0%
Developed mkts 96.2%
Emerging mkts 3.8%

TOP TEN HOLDINGS
AIA GROUP LTD 21.3 %
HONG KONG EXCHANGES & CLEAR 16.5 %
BOC HONG KONG HOLDINGS LTD 4.6 %
SUN HUNG KAI PROPERTIES 4.5 %
TECHTRONIC INDUSTRIES CO 4.5 %
CK HUTCHISON HOLDINGS LTD 4.4 %
HANG SENG BANK LTD 3.9 %
CLP HOLDINGS LTD 3.5 %
LINK REIT 3.5 %
GALAXY ENTERTAINMENT GROUP L 2.9 %
Total 69.6 %

TOP COUNTRY EXPOSURE
HONG KONG 96.5 %
BERMUDA 1.8 %
MACAU 1.7 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
29.3% 23.0% 3.0% 3.6% 4.8%

Market Correlations
versus... Beta R-squared
S&P500 0.63 12%
MSCI EAFE 0.93 35%
MSCI Emg. Mkts. 1.00 46%

Technical Indicators
Recent close $22.09
30d moving avg. $21.35
Annualized volatility 23.5%
Short interest (ETF) 7.1%
Relative strength (RSI) 53

Liquidity measures
Avg. volume (thou.) 3,623
Turnover 11.8%
Bid/Ask (% of price) 0.05%
ADV underlying (mns) $648

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 222 potential alternatives to the iShares MSCI Hong Kong ETF ETF based on the alternatives' overlap in portfolio holdings with EWH. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EWH Expense: 50 bp ALTAR Score™: 5.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EWH
Ticker Fund
Name		 Overlap1
vs EWH
(%)		 Expense
ratio
(bp)		 Savings
vs EWH
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EWH
(%)
FLHK Franklin FTSE Hong Kong ETF 88.2 9 41 4.3 -0.7
DVYA iShares Asia/Pacific Dividend ETF 25.3 49 1 7.4 +2.4
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 20.3 19 31 5.4 +0.3
EPP iShares MSCI Pacific ex-Japan ETF 18.9 47 3 5.1 +0.1
EFAS Global X MSCI SuperDividend EAFE ETF 12.6 57 -7 8.7 +3.7
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 11.5 80 -30 6.1 +1.1
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 7.3 10 40 6.8 +1.7
ADIV SmartETFs Asia Pacific Dividend Builder ETF 6.8 78 -28 8.9 +3.9
IFGL iShares International Developed Real Estate ETF 6.5 48 2 7.0 +2.0
EFAV iShares MSCI EAFE Min Vol Factor ETF 6.5 22 28 6.0 +0.9
FID First Trust S&P International Dividend Aristocrats ETF 6.1 60 -10 7.7 +2.7
BKCI BNY Mellon Concentrated International ETF 6.1 80 -30 5.1 +0.0
FGD First Trust Dow Jones Global Select Dividend Index Fund 6.1 56 -6 10.5 +5.5
VNQI Vanguard Global ex-U.S. Real Estate ETF 6.1 12 38 8.3 +3.3
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 5.6 32 18 6.0 +1.0
GVAL Cambria Global Value ETF 5.4 68 -18 10.7 +5.7
WDIV SPDR S&P Global Dividend ETF 5.4 40 10 9.1 +4.0
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 5.4 80 -30 9.3 +4.2
AIA iShares Asia 50 ETF 5.1 50 0 12.1 +7.1
AIVI WisdomTree International AI Enhanced Value Fund 5.0 58 -8 6.9 +1.9
IDV iShares International Select Dividend ETF 5.0 51 -1 10.2 +5.2
DINT Davis Select International ETF 4.9 55 -5 7.6 +2.6
UIVM VictoryShares International Value Momentum ETF 4.9 35 15 8.4 +3.3
DIM WisdomTree International MidCap Dividend Fund 4.9 58 -8 7.2 +2.2
FLAX Franklin FTSE Asia Ex Japan ETF 4.9 19 31 8.2 +3.2
IPAC iShares Core MSCI Pacific ETF 4.8 9 41 6.1 +1.0
GQRE FlexShares Global Quality Real Estate Index Fund 4.6 45 5 8.1 +3.0
BJK VanEck Gaming ETF 4.6 65 -15 4.6 -0.4
AAXJ iShares MSCI All Country Asia ex Japan ETF 4.5 70 -20 8.1 +3.1
DTH WisdomTree International High Dividend Fund 4.5 58 -8 8.1 +3.1
JHID John Hancock International High Dividend ETF 4.3 46 4 8.7 +3.7
RODM Hartford Multifactor Developed Markets (ex-US) ETF 4.2 29 21 7.6 +2.6
FENI Fidelity Enhanced International ETF 4.2 28 22 6.2 +1.1
FIDI Fidelity International High Dividend ETF 4.1 18 32 8.2 +3.2
DWMF WisdomTree International Multifactor Fund 4.1 38 12 7.0 +2.0
RWX SPDR Dow Jones International Real Estate ETF 4.1 59 -9 6.9 +1.9
WWJD Inspire International ETF 4.0 80 -30 7.1 +2.0
RODE Hartford Multifactor Diversified International ETF 3.9 29 21 10.3 +5.3
OSEA Harbor International Compounders ETF 3.9 55 -5 4.8 -0.2
IDLV Invesco S&P International Developed Low Volatility ETF 3.8 25 25 6.7 +1.6
VPL Vanguard FTSE Pacific ETF 3.8 7 43 6.3 +1.3
FEOE First Eagle Overseas Equity ETF 3.7 79 -29 7.1 +2.1
EFAD ProShares MSCI EAFE Dividend Growers ETF 3.7 50 0 5.9 +0.8
SRET Global X SuperDividend REIT ETF 3.5 59 -9 12.3 +7.2
SDG iShares MSCI Global Sustainable Development Goals ETF 3.4 49 1 4.9 -0.1
QEFA SPDR MSCI EAFE StrategicFactors ETF 3.3 30 20 6.9 +1.8
FYLD Cambria Foreign Shareholder Yield ETF 3.3 59 -9 11.6 +6.5
DMXF iShares ESG Advanced MSCI EAFE ETF 3.2 12 38 5.2 +0.2
CGDG Capital Group Dividend Growers ETF 3.2 47 3 6.1 +1.0
AGQI First Trust Active Global Quality Income ETF 3.1 85 -35 4.6 -0.5
GCOW Pacer Global Cash Cows Dividend ETF 3.1 60 -10 10.6 +5.6
FIVA Fidelity International Value Factor ETF 3.1 18 32 9.4 +4.4
CGIE Capital Group International Equity ETF 3.0 54 -4 4.9 -0.2
CIL VictoryShares International Volatility Wtd ETF 3.0 45 5 6.4 +1.3
IQRA IQ CBRE Real Assets ETF 3.0 65 -15 5.7 +0.7
TPIF Timothy Plan International ETF 2.9 62 -12 6.1 +1.0
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.9 47 3 7.9 +2.8
VWID Virtus WMC International Dividend ETF 2.9 49 1 8.1 +3.0
MCH Matthews China Active ETF 2.9 79 -29 13.6 +8.5
ERET iShares Environmentally Aware Real Estate ETF 2.9 30 20 7.3 +2.3
AADR AdvisorShares Dorsey Wright ADR ETF 2.8 110 -60 4.8 -0.3
IQLT iShares MSCI Intl Quality Factor ETF 2.8 30 20 6.2 +1.1
INEQ Columbia International Equity Income ETF 2.7 45 5 7.7 +2.6
DWM WisdomTree International Equity Fund 2.7 48 2 7.1 +2.1
DWLD Davis Select Worldwide ETF 2.7 63 -13 7.2 +2.2
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 2.7 40 10 7.1 +2.1
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 2.5 9 41 8.9 +3.9
DOL WisdomTree International LargeCap Dividend Fund 2.5 48 2 6.9 +1.9
DIVI Franklin International Core Dividend Tilt Index ETF 2.5 9 41 7.7 +2.6
IDMO Invesco S&P International Developed Momentum ETF 2.5 25 25 5.8 +0.8
JPIN J.P. Morgan Diversified Return International Equity ETF 2.5 37 13 7.9 +2.9
IQDF FlexShares International Quality Dividend Index Fund 2.4 47 3 8.5 +3.5
CGXU Capital Group International Focus Equity ETF 2.3 54 -4 5.3 +0.3
FPXI First Trust International Equity Opportunities ETF 2.3 70 -20 4.2 -0.8
FDEV Fidelity International Multifactor ETF 2.3 18 32 7.6 +2.5
IVLU iShares MSCI Intl Value Factor ETF 2.3 30 20 9.8 +4.7
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 2.3 14 36 5.9 +0.9
DWX SPDR S&P International Dividend ETF 2.3 45 5 7.3 +2.3
IQSI IQ Candriam International Equity ETF 2.2 15 35 6.2 +1.2
NUDM Nuveen ESG International Developed Markets Equity ETF 2.2 31 19 5.9 +0.9
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 2.2 36 14 6.3 +1.2
HFXI IQ FTSE International Equity Currency Neutral ETF 2.2 20 30 6.6 +1.5
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 2.1 20 30 6.1 +1.0
IMTM iShares MSCI Intl Momentum Factor ETF 2.1 30 20 5.4 +0.4
CGRO CoreValues Alpha Greater China Growth ETF 2.1 75 -25 3.3 -1.7
FEGE First Eagle Global Equity ETF 2.1 79 -29 6.7 +1.6
LVHI Franklin International Low Volatility High Dividend Index ET 2.1 40 10 9.8 +4.8
EFV iShares MSCI EAFE Value ETF 2.1 34 16 8.7 +3.7
OAIM OneAscent International Equity ETF 2.1 95 -45 5.4 +0.4
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 2.1 24 26 7.2 +2.2
BLES Inspire Global Hope ETF 2.0 61 -11 6.8 +1.8
EFA iShares MSCI EAFE ETF 2.0 35 15 6.4 +1.4
EMC Global X Emerging Markets Great Consumer ETF 2.0 75 -25 7.1 +2.1
GSID Goldman Sachs MarketBeta International Equity ETF 2.0 20 30 6.5 +1.5
CEFA Global X S&P Catholic Values Developed ex-US ETF 2.0 35 15 6.2 +1.2
GSIE Goldman Sachs ActiveBeta International Equity ETF 2.0 25 25 6.9 +1.8
EFG iShares MSCI EAFE Growth ETF 2.0 36 14 4.2 -0.9
IDOG ALPS International Sector Dividend Dogs ETF 2.0 50 0 11.7 +6.6
VIGI Vanguard International Dividend Appreciation ETF 1.9 10 40 6.4 +1.4
JIG JPMorgan International Growth ETF 1.9 55 -5 4.5 -0.5
CGV Conductor Global Equity Value ETF 1.9 130 -80 8.0 +3.0
JIRE JPMorgan International Research Enhanced Equity ETF 1.9 24 26 6.9 +1.8
IGRO iShares International Dividend Growth ETF 1.9 15 35 7.1 +2.1
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 1.9 65 -15 4.7 -0.4
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 1.8 20 30 6.1 +1.1
ESGD iShares ESG Aware MSCI EAFE ETF 1.8 20 30 6.5 +1.4
BKIE BNY Mellon International Equity ETF 1.8 4 46 6.6 +1.6
IEFA iShares Core MSCI EAFE ETF 1.7 7 43 6.7 +1.7
IDHQ Invesco S&P International Developed High Quality ETF 1.7 29 21 6.4 +1.3
VEGI iShares MSCI Agriculture Producers ETF 1.6 39 11 9.1 +4.1
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 1.6 12 38 5.8 +0.8
AVIV Avantis International Large Cap Value ETF 1.6 25 25 8.4 +3.3
AVDE Avantis International Equity ETF 1.6 23 27 7.1 +2.1
ARKF ARK Fintech Innovation ETF 1.6 75 -25 0.1 -4.9
JHMD John Hancock Multifactor Developed International ETF 1.6 39 11 7.2 +2.2
JGLO JPMorgan Global Select Equity ETF 1.6 33 17 4.9 -0.1
FDRR Fidelity Dividend ETF for Rising Rates 1.6 15 35 6.9 +1.8
ICOW Pacer Developed Markets International Cash Cows 100 ETF 1.6 65 -15 10.3 +5.3
VYMI Vanguard International High Dividend Yield ETF 1.5 17 33 9.2 +4.1
RGEF Rockefeller Global Equity ETF 1.5 55 -5 4.5 -0.5
INTF iShares International Equity Factor ETF 1.5 15 35 7.4 +2.3
IDEV iShares Core MSCI International Developed Markets ETF 1.5 4 46 6.7 +1.7
IMFL Invesco International Developed Dynamic Multifactor ETF 1.5 34 16 5.6 +0.5
SCHF Schwab International Equity ETF 1.5 6 44 6.8 +1.8
ACWV iShares MSCI Global Min Vol Factor ETF 1.4 20 30 6.0 +1.0
SPDW SPDR Portfolio Developed World ex-US ETF 1.4 3 47 6.7 +1.6
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.4 65 -15 8.0 +2.9
BOAT SonicShares Global Shipping ETF 1.4 69 -19 26.2 +21.1
DFAI Dimensional International Core Equity Market ETF 1.4 18 32 6.9 +1.8
VEA Vanguard FTSE Developed Markets ETF 1.4 3 47 6.8 +1.8
DIHP Dimensional International High Profitability ETF 1.4 29 21 6.7 +1.7
DFIV Dimensional International Value ETF 1.4 27 23 9.1 +4.1
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.4 18 32 7.2 +2.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.3 41 9 7.0 +2.0
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 1.3 45 5 8.5 +3.4
AVSD Avantis Responsible International Equity ETF 1.3 23 27 5.1 +0.0
FNDF Schwab Fundamental International Large Co. Index ETF 1.3 25 25 9.1 +4.1
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.3 80 -30 8.6 +3.6
BLDG Cambria Global Real Estate ETF 1.2 60 -10 11.7 +6.6
ACWX iShares MSCI ACWI ex U.S. ETF 1.2 34 16 7.3 +2.2
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 1.2 33 17 9.1 +4.0
CWI SPDR MSCI ACWI ex-US ETF 1.2 30 20 7.3 +2.3
RWO SPDR Dow Jones Global Real Estate ETF 1.2 50 0 7.1 +2.0
IXG iShares Global Financials ETF 1.1 42 8 6.6 +1.6
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 1.1 39 11 6.4 +1.3
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 1.1 39 11 7.7 +2.7
FDEM Fidelity Emerging Markets Multifactor ETF 1.1 25 25 11.8 +6.8
VEU Vanguard FTSE All-World ex-US Index Fund 1.1 4 46 7.6 +2.6
IXUS iShares Core MSCI Total International Stock ETF 1.1 7 43 7.5 +2.4
AVRE Avantis Real Estate ETF 1.1 17 33 7.4 +2.3
SUPL ProShares Supply Chain Logistics ETF 1.1 58 -8 10.3 +5.3
VSGX Vanguard ESG International Stock ETF 1.0 10 40 7.5 +2.4
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 1.0 86 -36 13.2 +8.2
VXUS Vanguard Total International Stock ETF 1.0 5 45 7.6 +2.5
STXI Strive International Developed Markets ETF 1.0 29 21 6.3 +1.3
ERTH Invesco MSCI Sustainable Future ETF 0.9 62 -12 3.3 -1.8
QWLD SPDR MSCI World StrategicFactors ETF 0.9 30 20 5.8 +0.8
DFIC Dimensional International Core Equity 2 ETF 0.9 23 27 7.2 +2.1
CZAR Themes Natural Monopoly ETF 0.9 35 15 5.6 +0.5
VIDI Vident International Equity Strategy ETF 0.9 61 -11 10.4 +5.4
DVYE iShares Emerging Markets Dividend ETF 0.9 49 1 17.9 +12.9
MINV Matthews Asia Innovators Active ETF 0.9 79 -29 6.6 +1.6
FDNI First Trust Dow Jones International Internet ETF 0.8 65 -15 20.9 +15.9
REET iShares Global REIT ETF 0.8 14 36 7.6 +2.6
DSTX Distillate International Fundamental Stability & Value ETF 0.8 55 -5 7.6 +2.6
DXIV Dimensional International Vector Equity ETF 0.8 34 16 7.6 +2.6
DFGR Dimensional Global Real Estate ETF 0.7 22 28 7.8 +2.8
FNDC Schwab Fundamental International Small Co. Index ETF 0.7 39 11 5.8 +0.7
DEW WisdomTree Global High Dividend Fund 0.7 58 -8 8.4 +3.4
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.7 46 4 5.7 +0.7
JSTC Adasina Social Justice All Cap Global ETF 0.7 89 -39 5.0 -0.1
MEM Matthews Emerging Markets Equity Active ETF 0.7 79 -29 7.0 +2.0
DFSI Dimensional International Sustainability Core 1 ETF 0.6 24 26 6.2 +1.1
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.6 30 20 7.5 +2.5
RFDI First Trust Riverfront Dynamic Developed International ETF 0.6 83 -33 9.0 +4.0
KOKU Xtrackers MSCI Kokusai Equity ETF 0.6 9 41 5.1 +0.0
SHPP Pacer Industrials and Logistics ETF 0.6 60 -10 8.1 +3.1
EEMO Invesco S&P Emerging Markets Momentum ETF 0.6 29 21 7.4 +2.4
PPIE Putnam PanAgora ESG International Equity ETF 0.6 49 1 7.0 +2.0
TOK iShares MSCI Kokusai ETF 0.5 26 24 4.9 -0.1
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.5 32 18 13.0 +8.0
CCNR ALPS CoreCommodity Natural Resources ETF 0.5 39 11 9.4 +4.3
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.5 12 38 5.0 -0.0
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.5 50 0 10.1 +5.1
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 0.5 40 10 6.5 +1.5
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.5 47 3 5.7 +0.6
URTH iShares MSCI World ETF 0.5 24 26 4.9 -0.1
IQDG WisdomTree International Quality Dividend Growth Fund 0.5 42 8 6.6 +1.5
CGGO Capital Group Global Growth Equity ETF 0.5 47 3 4.1 -0.9
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.5 25 25 6.0 +0.9
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.5 49 1 6.9 +1.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.4 9 41 5.5 +0.5
KLMT Invesco MSCI Global Climate 500 ETF 0.4 10 40 5.5 +0.5
SCHY Schwab International Dividend Equity ETF 0.4 14 36 9.5 +4.5
ACWI iShares MSCI ACWI ETF 0.4 32 18 5.3 +0.3
FDVV Fidelity High Dividend ETF 0.4 15 35 7.7 +2.6
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.4 20 30 5.5 +0.4
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.4 42 8 6.2 +1.2
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.4 58 -8 6.4 +1.4
EXI iShares Global Industrials ETF 0.4 42 8 4.3 -0.7
VT Vanguard Total World Stock ETF 0.4 6 44 5.7 +0.6
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.4 15 35 7.2 +2.2
GXC SPDR S&P China ETF 0.3 59 -9 15.2 +10.2
ESGG FlexShares STOXX Global ESG Select Index Fund 0.3 42 8 5.3 +0.2
FPAG FPA Global Equity ETF 0.3 49 1 5.8 +0.7
GLOF iShares Global Equity Factor ETF 0.3 20 30 6.6 +1.6
EMGF iShares Emerging Markets Equity Factor ETF 0.3 25 25 10.4 +5.4
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.3 39 11 15.3 +10.2
KOMP SPDR S&P Kensho New Economies Composite ETF 0.3 20 30 2.7 -2.3
RAYD Rayliant Quantitative Developed Market Equity ETF 0.3 80 -30 4.4 -0.6
PXH Invesco FTSE RAFI Emerging Markets ETF 0.2 49 1 14.6 +9.6
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.2 36 14 8.8 +3.7
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.2 15 35 9.3 +4.3
GMF SPDR S&P Emerging Asia Pacific ETF 0.2 49 1 9.2 +4.1
BKEM BNY Mellon Emerging Markets Equity ETF 0.2 11 39 9.0 +3.9
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.2 59 -9 8.4 +3.3
SPEM SPDR Portfolio Emerging Markets ETF 0.1 7 43 10.1 +5.1
WLDR Affinity World Leaders Equity ETF 0.1 67 -17 7.2 +2.2
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 29 3.6 -1.4
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.1 32 18 8.1 +3.1
APIE ActivePassive International Equity ETF 0.0 45 5 7.1 +2.0
JHEM John Hancock Multifactor Emerging Markets ETF 0.0 49 1 9.2 +4.1

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%.

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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 Hong Kong ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 6.1 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 5.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.47 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.