iShares MSCI Hong Kong ETF
ALTAR
Score™		 6.2% info Recommen-
dation		 UNDERWEIGHT
2024E    2025E
P/E
ratio		 12.7x P/Sales
ratio		 2.3x
P/BV
ratio		 0.9x 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) $644
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) $41,081
Large cap (>$10bn) 91.1%
Mid cap ($2-10bn) 8.9%
Small cap (<$2bn) 0.0%
Developed mkts 96.4%
Emerging mkts 3.6%

TOP TEN HOLDINGS
AIA GROUP LTD 22.7 %
HONG KONG EXCHANGES & CLEAR 13.9 %
TECHTRONIC INDUSTRIES CO 4.8 %
SUN HUNG KAI PROPERTIES 4.4 %
CK HUTCHISON HOLDINGS LTD 4.0 %
CLP HOLDINGS LTD 4.0 %
BOC HONG KONG HOLDINGS LTD 3.9 %
LINK REIT 3.6 %
GALAXY ENTERTAINMENT GROUP L 3.5 %
HANG SENG BANK LTD 3.0 %
Total 67.9 %

TOP COUNTRY EXPOSURE
HONG KONG 96.0 %
MACAU 2.1 %
BERMUDA 1.9 %








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.
10.5% 17.2% -1.7% 1.7% 4.2%

Market Correlations
versus... Beta R-squared
S&P500 0.39 7%
MSCI EAFE 0.78 30%
MSCI Emg. Mkts. 1.14 62%

Technical Indicators
Recent close $17.24
30d moving avg. $18.35
Annualized volatility 25.4%
Short interest (ETF) 10.3%
Relative strength (RSI) 53

Liquidity measures
Avg. volume (thou.) 2,351
Turnover 6.3%
Bid/Ask (% of price) 0.06%
ADV underlying (mns) $1,007

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 216 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™: 6.2%


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 79.7 9 41 6.8 +0.6
DVYA iShares Asia/Pacific Dividend ETF 25.8 49 1 9.0 +2.8
EPP iShares MSCI Pacific ex-Japan ETF 17.0 47 3 4.9 -1.3
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 15.5 19 31 5.4 -0.8
EFAS Global X MSCI SuperDividend EAFE ETF 9.9 57 -7 10.3 +4.1
DMDV AAM S&P Developed Markets High Dividend Value ETF 9.1 39 11 12.1 +5.9
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 8.5 80 -30 7.6 +1.4
FID First Trust S&P International Dividend Aristocrats ETF 7.6 60 -10 9.0 +2.8
WDIV SPDR S&P Global Dividend ETF 6.6 40 10 9.4 +3.2
IFGL iShares International Developed Real Estate ETF 6.1 48 2 6.9 +0.8
AIA iShares Asia 50 ETF 5.9 50 0 6.6 +0.4
EFAV iShares MSCI EAFE Min Vol Factor ETF 5.8 22 28 6.6 +0.4
VNQI Vanguard Global ex-U.S. Real Estate ETF 5.7 12 38 8.3 +2.1
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 5.7 10 40 7.7 +1.5
BJK VanEck Gaming ETF 5.6 65 -15 1.4 -4.8
GVAL Cambria Global Value ETF 5.5 68 -18 13.1 +6.9
ADIV SmartETFs Asia Pacific Dividend Builder ETF 5.4 78 -28 9.0 +2.8
JHID John Hancock International High Dividend ETF 5.2 46 4 11.3 +5.2
FGD First Trust Dow Jones Global Select Dividend Index Fund 5.2 56 -6 13.5 +7.3
BKCI BNY Mellon Concentrated International ETF 5.2 80 -30 4.2 -2.0
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 5.0 32 18 6.0 -0.2
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 4.9 68 -18 8.2 +2.1
IDV iShares International Select Dividend ETF 4.6 51 -1 12.2 +6.1
IPAC iShares Core MSCI Pacific ETF 4.6 9 41 7.2 +1.1
AAXJ iShares MSCI All Country Asia ex Japan ETF 4.6 70 -20 6.2 -0.0
VWID Virtus WMC International Dividend ETF 4.5 49 1 9.6 +3.4
UIVM VictoryShares International Value Momentum ETF 4.5 35 15 11.0 +4.8
DINT Davis Select International ETF 4.3 55 -5 6.0 -0.2
GDVD R3 Global Dividend Growth ETF 4.0 88 -38 5.5 -0.7
AIVI WisdomTree International AI Enhanced Value Fund 4.0 58 -8 8.5 +2.3
RWX SPDR Dow Jones International Real Estate ETF 4.0 59 -9 7.4 +1.2
FLAX Franklin FTSE Asia Ex Japan ETF 3.9 19 31 6.9 +0.7
CID VictoryShares International High Div Volatility Wtd ETF 3.9 45 5 11.9 +5.7
VPL Vanguard FTSE Pacific ETF 3.9 8 42 7.7 +1.5
EFAD ProShares MSCI EAFE Dividend Growers ETF 3.6 50 0 5.3 -0.9
SDG iShares MSCI Global Sustainable Development Goals ETF 3.4 49 1 5.6 -0.5
WWJD Inspire International ETF 3.4 80 -30 7.3 +1.1
RODM Hartford Multifactor Developed Markets (ex-US) ETF 3.4 29 21 8.6 +2.4
SXUS Janus Henderson International Sustainable Equity ETF 3.3 60 -10 4.2 -2.0
QEFA SPDR MSCI EAFE StrategicFactors ETF 3.2 30 20 7.3 +1.1
GCOW Pacer Global Cash Cows Dividend ETF 3.1 60 -10 12.5 +6.3
FENI Fidelity Enhanced International ETF 3.0 28 22 8.1 +1.9
LVHI Franklin International Low Volatility High Dividend Index ET 3.0 40 10 10.1 +3.9
FIDI Fidelity International High Dividend ETF 2.9 18 32 10.9 +4.7
GQRE FlexShares Global Quality Real Estate Index Fund 2.8 45 5 5.9 -0.3
DMXF iShares ESG Advanced MSCI EAFE ETF 2.7 12 38 5.5 -0.6
IQRA IQ CBRE Real Assets ETF 2.7 65 -15 5.2 -1.0
TPIF Timothy Plan International ETF 2.7 62 -12 6.8 +0.6
SRET Global X SuperDividend REIT ETF 2.7 59 -9 9.7 +3.5
IQLT iShares MSCI Intl Quality Factor ETF 2.6 30 20 6.2 +0.1
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 2.6 65 -15 4.3 -1.9
MCH Matthews China Active ETF 2.5 79 -29 5.4 -0.8
OSEA Harbor International Compounders ETF 2.5 55 -5 4.3 -1.9
CIL VictoryShares International Volatility Wtd ETF 2.5 45 5 7.0 +0.8
DTH WisdomTree International High Dividend Fund 2.5 58 -8 10.1 +4.0
CGXU Capital Group International Focus Equity ETF 2.4 54 -4 4.9 -1.3
FIVA Fidelity International Value Factor ETF 2.4 18 32 10.2 +4.1
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 2.4 51 -1 7.1 +0.9
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 2.4 9 41 9.9 +3.7
DWLD Davis Select Worldwide ETF 2.3 63 -13 6.7 +0.5
CGDG Capital Group Dividend Growers ETF 2.3 47 3 6.6 +0.4
IGRO iShares International Dividend Growth ETF 2.3 15 35 7.5 +1.4
JPIN J.P. Morgan Diversified Return International Equity ETF 2.3 37 13 8.9 +2.7
NUDM Nuveen ESG International Developed Markets Equity ETF 2.2 31 19 6.7 +0.5
ERET iShares Environmentally Aware Real Estate ETF 2.2 30 20 6.5 +0.3
DWX SPDR S&P International Dividend ETF 2.2 45 5 6.5 +0.3
DIM WisdomTree International MidCap Dividend Fund 2.2 58 -8 7.7 +1.5
MOTI VanEck Morningstar International Moat ETF 2.1 58 -8 5.9 -0.3
RODE Hartford Multifactor Diversified International ETF 2.1 29 21 11.8 +5.6
IDOG ALPS International Sector Dividend Dogs ETF 2.1 50 0 12.8 +6.6
EFG iShares MSCI EAFE Growth ETF 2.1 36 14 4.5 -1.7
DIVI Franklin International Core Dividend Tilt Index ETF 2.0 9 41 8.1 +1.9
AGQI First Trust Active Global Quality Income ETF 2.0 85 -35 5.9 -0.3
EFA iShares MSCI EAFE ETF 2.0 35 15 6.9 +0.7
FYLD Cambria Foreign Shareholder Yield ETF 2.0 59 -9 13.6 +7.4
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.0 47 3 9.4 +3.2
EFV iShares MSCI EAFE Value ETF 1.9 34 16 9.4 +3.3
EMFQ Amplify Emerging Markets FinTech ETF 1.9 69 -19 5.3 -0.9
EQIN Columbia US Equity Income ETF 1.9 35 15 8.3 +2.1
IVLU iShares MSCI Intl Value Factor ETF 1.9 30 20 11.4 +5.3
CEFA Global X S&P Catholic Values Developed ex-US ETF 1.9 35 15 6.6 +0.4
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 1.8 20 30 6.5 +0.3
VIGI Vanguard International Dividend Appreciation ETF 1.8 15 35 6.4 +0.2
CGIE Capital Group International Equity ETF 1.8 54 -4 4.9 -1.3
IQSI IQ Candriam International Equity ETF 1.8 15 35 6.6 +0.4
ESGD iShares ESG Aware MSCI EAFE ETF 1.7 20 30 6.9 +0.8
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 1.7 80 -30 5.6 -0.6
BLES Inspire Global Hope ETF 1.7 61 -11 6.4 +0.3
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 1.7 14 36 6.2 +0.0
IEFA iShares Core MSCI EAFE ETF 1.7 7 43 7.1 +1.0
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 1.7 36 14 6.6 +0.4
FDEV Fidelity International Multifactor ETF 1.6 18 32 7.8 +1.6
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.6 80 -30 9.1 +2.9
IMFL Invesco International Developed Dynamic Multifactor ETF 1.6 34 16 5.9 -0.3
HFXI IQ FTSE International Equity Currency Neutral ETF 1.6 20 30 7.1 +0.9
GSID Goldman Sachs MarketBeta International Equity ETF 1.6 20 30 7.0 +0.8
SCHF Schwab International Equity ETF 1.6 6 44 7.5 +1.3
VIDI Vident International Equity Strategy ETF 1.6 61 -11 10.2 +4.0
DOL WisdomTree International LargeCap Dividend Fund 1.6 48 2 7.9 +1.7
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 1.6 40 10 7.9 +1.7
DWM WisdomTree International Equity Fund 1.6 48 2 8.0 +1.8
RGEF Rockefeller Global Equity ETF 1.5 55 -5 5.0 -1.2
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.5 65 -15 8.2 +2.0
JHMD John Hancock Multifactor Developed International ETF 1.5 39 11 7.8 +1.6
INTF iShares International Equity Factor ETF 1.5 15 35 8.2 +2.0
AVIV Avantis International Large Cap Value ETF 1.5 25 25 9.0 +2.8
IDEV iShares Core MSCI International Developed Markets ETF 1.5 4 46 7.1 +0.9
BKIE BNY Mellon International Equity ETF 1.5 4 46 7.1 +0.9
IQDF FlexShares International Quality Dividend Index Fund 1.5 47 3 12.9 +6.7
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 1.5 12 38 5.9 -0.3
VEGI iShares MSCI Agriculture Producers ETF 1.5 39 11 9.2 +3.0
DVYE iShares Emerging Markets Dividend ETF 1.5 49 1 18.8 +12.6
BOAT SonicShares Global Shipping ETF 1.5 69 -19 34.8 +28.6
SEA U.S. Global Sea to Sky Cargo ETF 1.5 60 -10 21.5 +15.4
IQDE FlexShares International Quality Dividend Defensive Index ET 1.5 47 3 14.8 +8.6
GSIE Goldman Sachs ActiveBeta International Equity ETF 1.5 25 25 7.2 +1.0
JIRE JPMorgan International Research Enhanced Equity ETF 1.5 24 26 7.1 +0.9
FNDF Schwab Fundamental International Large Co. Index ETF 1.4 25 25 9.9 +3.7
LUXX Roundhill S&P Global Luxury ETF 1.4 45 5 2.9 -3.3
VYMI Vanguard International High Dividend Yield ETF 1.4 22 28 9.8 +3.6
VEA Vanguard FTSE Developed Markets ETF 1.4 5 45 7.3 +1.1
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 1.4 20 30 6.9 +0.7
DIHP Dimensional International High Profitability ETF 1.3 29 21 7.6 +1.5
LUX Tema Luxury ETF 1.3 75 -25 3.0 -3.2
DFAI Dimensional International Core Equity Market ETF 1.3 18 32 7.3 +1.1
ERTH Invesco MSCI Sustainable Future ETF 1.3 62 -12 3.6 -2.6
DFIV Dimensional International Value ETF 1.3 27 23 10.0 +3.8
SPDW SPDR Portfolio Developed World ex-US ETF 1.3 3 47 7.2 +1.0
ACWV iShares MSCI Global Min Vol Factor ETF 1.3 20 30 6.3 +0.2
IDHQ Invesco S&P International Developed High Quality ETF 1.3 29 21 6.5 +0.3
AVDE Avantis International Equity ETF 1.3 23 27 8.1 +1.9
ACWX iShares MSCI ACWI ex U.S. ETF 1.2 34 16 7.0 +0.8
CWI SPDR MSCI ACWI ex-US ETF 1.2 30 20 6.9 +0.8
AVSD Avantis Responsible International Equity ETF 1.2 23 27 7.1 +0.9
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.2 24 26 8.7 +2.5
RAYD Rayliant Quantitative Developed Market Equity ETF 1.1 80 -30 3.8 -2.3
VEU Vanguard FTSE All-World ex-US Index Fund 1.1 8 42 7.3 +1.1
JGLO JPMorgan Global Select Equity ETF 1.1 33 17 4.5 -1.7
CGV Conductor Global Equity Value ETF 1.1 130 -80 10.9 +4.7
IXG iShares Global Financials ETF 1.1 42 8 6.2 0.0
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.1 41 9 7.4 +1.2
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.1 18 32 7.0 +0.8
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 1.1 45 5 8.9 +2.8
RWO SPDR Dow Jones Global Real Estate ETF 1.1 50 0 6.1 -0.1
IXUS iShares Core MSCI Total International Stock ETF 1.1 7 43 7.2 +1.0
JSTC Adasina Social Justice All Cap Global ETF 1.1 89 -39 4.9 -1.3
FDVV Fidelity High Dividend ETF 1.0 15 35 8.7 +2.5
VXUS Vanguard Total International Stock ETF 1.0 7 43 7.2 +1.0
VSGX Vanguard ESG International Stock ETF 1.0 12 38 6.8 +0.6
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 1.0 33 17 8.2 +2.1
IDLV Invesco S&P International Developed Low Volatility ETF 0.9 25 25 6.2 +0.1
STXI Strive International Developed Markets ETF 0.9 29 21 6.9 +0.7
DFIC Dimensional International Core Equity 2 ETF 0.9 23 27 7.7 +1.6
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.9 39 11 7.4 +1.3
OAIM OneAscent International Equity ETF 0.9 95 -45 5.1 -1.1
DWMF WisdomTree International Multifactor Fund 0.9 38 12 7.4 +1.3
QWLD SPDR MSCI World StrategicFactors ETF 0.8 30 20 5.9 -0.2
FDEM Fidelity Emerging Markets Multifactor ETF 0.8 25 25 12.3 +6.1
AVRE Avantis Real Estate ETF 0.8 17 33 5.9 -0.3
BIGFX Baron International Growth Retail 0.8 75 -25 3.1 -3.0
SUPL ProShares Supply Chain Logistics ETF 0.8 58 -8 14.2 +8.0
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.7 46 4 4.9 -1.3
RNEM First Trust Emerging Markets Equity Select ETF 0.7 75 -25 7.6 +1.4
IQIN IQ 500 International ETF 0.7 25 25 9.2 +3.0
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.7 39 11 7.5 +1.4
REET iShares Global REIT ETF 0.7 14 36 6.2 +0.1
DFSI Dimensional International Sustainability Core 1 ETF 0.7 24 26 6.5 +0.3
DFGR Dimensional Global Real Estate ETF 0.6 22 28 6.2 +0.0
IMTM iShares MSCI Intl Momentum Factor ETF 0.6 30 20 6.3 +0.1
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.6 30 20 8.0 +1.8
RFDI First Trust Riverfront Dynamic Developed International ETF 0.6 83 -33 10.0 +3.8
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.6 42 8 8.1 +1.9
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.6 58 -8 6.4 +0.2
IQDG WisdomTree International Quality Dividend Growth Fund 0.6 42 8 6.8 +0.6
DEW WisdomTree Global High Dividend Fund 0.5 58 -8 8.5 +2.3
FNDC Schwab Fundamental International Small Co. Index ETF 0.5 39 11 7.2 +1.0
FDRR Fidelity Dividend ETF for Rising Rates 0.5 15 35 7.4 +1.2
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.5 12 38 4.8 -1.4
TOK iShares MSCI Kokusai ETF 0.5 26 24 5.0 -1.2
KOKU Xtrackers MSCI Kokusai Equity ETF 0.5 9 41 5.2 -1.0
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.5 47 3 5.5 -0.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.5 20 30 5.2 -1.0
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.5 49 1 7.0 +0.8
URTH iShares MSCI World ETF 0.5 24 26 5.2 -1.0
SHPP Pacer Industrials and Logistics ETF 0.5 60 -10 9.9 +3.7
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.5 25 25 5.6 -0.6
CGGO Capital Group Global Growth Equity ETF 0.5 47 3 4.6 -1.6
CCNR ALPS CoreCommodity Natural Resources ETF 0.4 39 11 11.0 +4.9
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.4 86 -36 1.6 -4.5
ACWI iShares MSCI ACWI ETF 0.4 32 18 5.3 -0.9
EXI iShares Global Industrials ETF 0.4 42 8 4.5 -1.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.4 9 41 5.4 -0.8
FPAG FPA Global Equity ETF 0.4 49 1 5.4 -0.8
IWTR iShares MSCI Water Management Multisector ETF 0.4 47 3 5.0 -1.2
KLMT Invesco MSCI Global Climate 500 ETF 0.4 10 40 5.4 -0.8
GXC SPDR S&P China ETF 0.4 59 -9 8.3 +2.2
VT Vanguard Total World Stock ETF 0.4 7 43 5.5 -0.7
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.4 50 0 13.0 +6.8
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 0.3 40 10 8.3 +2.1
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.3 32 18 6.1 -0.1
ESGG FlexShares STOXX Global ESG Select Index Fund 0.2 42 8 5.1 -1.1
EMGF iShares Emerging Markets Equity Factor ETF 0.2 25 25 8.5 +2.3
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.2 15 35 10.2 +4.1
GMF SPDR S&P Emerging Asia Pacific ETF 0.2 49 1 6.1 -0.1
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.1 36 14 7.8 +1.6
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.1 15 35 7.2 +1.1
SPEM SPDR Portfolio Emerging Markets ETF 0.1 7 43 7.3 +1.1
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.1 39 11 12.5 +6.3
BKEM BNY Mellon Emerging Markets Equity ETF 0.1 11 39 8.4 +2.2
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.1 59 -9 11.3 +5.1
APIE ActivePassive International Equity ETF 0.1 45 5 8.1 +1.9
GLOF iShares Global Equity Factor ETF 0.0 20 30 7.0 +0.8
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.0 32 18 6.2 +0.0
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 29 3.8 -2.4
JHEM John Hancock Multifactor Emerging Markets ETF 0.0 49 1 8.2 +2.0
DFIS Dimensional International Small Cap ETF 0.0 39 11 6.9 +0.7

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 Hong Kong 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 5.7 %
Divided by: Fwd. P/BV 0.9 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 6.2 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.48 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.