iShares MSCI Hong Kong ETF
ALTAR
Score™		 4.8% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 15.5x P/Sales
ratio		 2.6x
P/BV
ratio		 1.2x Div.
yield		 4.4%


  • 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) $700
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 28
Wgt avg mkt cap (mns) $49,243
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 22.6 %
HONG KONG EXCHANGES & CLEAR 15.6 %
CK HUTCHISON HOLDINGS LTD 4.7 %
SUN HUNG KAI PROPERTIES 4.5 %
BOC HONG KONG HOLDINGS LTD 4.4 %
TECHTRONIC INDUSTRIES CO 4.4 %
HANG SENG BANK LTD 3.7 %
CLP HOLDINGS LTD 3.6 %
JARDINE MATHESON HLDGS LTD 3.0 %
LINK REIT 2.8 %
Total 69.4 %

TOP COUNTRY EXPOSURE
HONG KONG 96.3 %
BERMUDA 2.2 %
MACAU 1.5 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
34.5% 34.5% 0.8% 4.3% 4.9%

Market Correlations
versus... Beta R-squared
S&P500 0.55 33%
MSCI EAFE 0.72 39%
MSCI Emg. Mkts. 0.81 57%

Technical Indicators
Recent close $22.81
30d moving avg. $21.55
Annualized volatility 23.5%
Short interest (ETF) 6.7%
Relative strength (RSI) 59

Liquidity measures
Avg. volume (thou.) 2,832
Turnover 9.2%
Bid/Ask (% of price) 0.05%
ADV underlying (mns) $648

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 220 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™: 4.8%


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
(%)
DVYA iShares Asia/Pacific Dividend ETF 26.5 49 1 6.7 +1.9
EPP iShares MSCI Pacific ex-Japan ETF 20.0 47 3 4.9 +0.1
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 18.4 19 31 5.1 +0.2
JIVE JPMorgan International Value ETF 15.4 55 -5 9.6 +4.7
EFAS Global X MSCI SuperDividend EAFE ETF 13.4 57 -7 7.7 +2.8
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 11.4 80 -30 5.5 +0.7
IFGL iShares International Developed Real Estate ETF 6.7 48 2 6.5 +1.7
EFAV iShares MSCI EAFE Min Vol Factor ETF 6.5 22 28 5.6 +0.7
FID First Trust S&P International Dividend Aristocrats ETF 6.4 60 -10 7.3 +2.4
VNQI Vanguard Global ex-U.S. Real Estate ETF 6.3 12 38 8.0 +3.1
FGD First Trust Dow Jones Global Select Dividend Index Fund 6.2 56 -6 10.0 +5.2
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 5.9 32 18 5.5 +0.7
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 5.9 10 40 6.3 +1.5
AIA iShares Asia 50 ETF 5.7 50 0 10.3 +5.5
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 5.7 80 -30 8.2 +3.4
WDIV SPDR S&P Global Dividend ETF 5.6 40 10 8.3 +3.5
AIVI WisdomTree International AI Enhanced Value Fund 5.5 58 -8 6.2 +1.3
GQRE FlexShares Global Quality Real Estate Index Fund 5.3 45 5 7.4 +2.6
GVAL Cambria Global Value ETF 5.3 68 -18 9.2 +4.4
BKCI BNY Mellon Concentrated International ETF 5.1 80 -30 4.5 -0.3
IDV iShares International Select Dividend ETF 5.0 51 -1 9.4 +4.6
DINT Davis Select International ETF 5.0 55 -5 6.7 +1.9
IPAC iShares Core MSCI Pacific ETF 4.8 9 41 5.6 +0.8
DIM WisdomTree International MidCap Dividend Fund 4.6 58 -8 6.5 +1.6
AAXJ iShares MSCI All Country Asia ex Japan ETF 4.6 70 -20 7.1 +2.3
UIVM VictoryShares International Value Momentum ETF 4.2 35 15 7.5 +2.7
BJK VanEck Gaming ETF 4.2 65 -15 3.8 -1.1
DWMF WisdomTree International Multifactor Fund 4.1 38 12 6.4 +1.6
DTH WisdomTree International High Dividend Fund 4.1 58 -8 7.4 +2.6
FEOE First Eagle Overseas Equity ETF 4.0 79 -29 5.9 +1.1
VPL Vanguard FTSE Pacific ETF 4.0 7 43 5.7 +0.9
ICOW Pacer Developed Markets International Cash Cows 100 ETF 4.0 65 -15 9.7 +4.9
OSEA Harbor International Compounders ETF 3.9 55 -5 4.3 -0.5
FLAX Franklin FTSE Asia Ex Japan ETF 3.9 19 31 7.3 +2.5
RODM Hartford Multifactor Developed Markets (ex-US) ETF 3.9 29 21 6.9 +2.0
IDLV Invesco S&P International Developed Low Volatility ETF 3.8 25 25 6.2 +1.4
TPIF Timothy Plan International ETF 3.8 62 -12 5.4 +0.5
EFAD ProShares MSCI EAFE Dividend Growers ETF 3.7 50 0 5.4 +0.6
MCH Matthews China Active ETF 3.7 79 -29 12.4 +7.6
IQDY FlexShares International Quality Dividend Dynamic Index Fund 3.6 47 3 6.9 +2.1
CIL VictoryShares International Volatility Wtd ETF 3.6 45 5 5.7 +0.9
RWX SPDR Dow Jones International Real Estate ETF 3.5 59 -9 6.5 +1.7
AGQI First Trust Active Global Quality Income ETF 3.5 85 -35 4.6 -0.3
SDG iShares MSCI Global Sustainable Development Goals ETF 3.4 49 1 4.8 -0.0
JHID John Hancock International High Dividend ETF 3.4 46 4 8.3 +3.5
DMXF iShares ESG Advanced MSCI EAFE ETF 3.3 12 38 5.0 +0.1
FIDI Fidelity International High Dividend ETF 3.3 18 32 7.4 +2.5
ADIV SmartETFs Asia Pacific Dividend Builder ETF 3.3 78 -28 8.5 +3.7
GCOW Pacer Global Cash Cows Dividend ETF 3.2 60 -10 9.6 +4.8
QEFA SPDR MSCI EAFE StrategicFactors ETF 3.2 30 20 6.0 +1.2
EMC Global X Emerging Markets Great Consumer ETF 3.0 75 -25 6.9 +2.0
JPIN J.P. Morgan Diversified Return International Equity ETF 3.0 37 13 7.2 +2.4
ERET iShares Environmentally Aware Real Estate ETF 2.9 30 20 6.9 +2.1
MEM Matthews Emerging Markets Equity Active ETF 2.9 79 -29 6.3 +1.5
FYLD Cambria Foreign Shareholder Yield ETF 2.9 59 -9 10.3 +5.5
CGIE Capital Group International Equity ETF 2.9 54 -4 4.2 -0.6
CGV Conductor Global Equity Value ETF 2.9 130 -80 6.8 +2.0
SRET Global X SuperDividend REIT ETF 2.8 59 -9 11.1 +6.3
IQLT iShares MSCI Intl Quality Factor ETF 2.8 30 20 5.3 +0.5
FENI Fidelity Enhanced International ETF 2.7 28 22 5.6 +0.7
JIG JPMorgan International Growth ETF 2.7 55 -5 3.9 -0.9
DIVI Franklin International Core Dividend Tilt Index ETF 2.6 9 41 6.9 +2.1
FPXI First Trust International Equity Opportunities ETF 2.6 70 -20 3.5 -1.3
FFTY Innovator IBD 50 ETF 2.6 80 -30 -1.8 -6.6
HYP Golden Eagle Dynamic Hypergrowth ETF 2.6 85 -35 -1.1 -5.9
WWJD Inspire International ETF 2.6 80 -30 6.4 +1.6
IDMO Invesco S&P International Developed Momentum ETF 2.5 25 25 5.1 +0.3
AADR AdvisorShares Dorsey Wright ADR ETF 2.5 110 -60 3.8 -1.0
GSIE Goldman Sachs ActiveBeta International Equity ETF 2.4 25 25 6.2 +1.4
IVLU iShares MSCI Intl Value Factor ETF 2.4 30 20 8.7 +3.8
DOL WisdomTree International LargeCap Dividend Fund 2.4 48 2 6.1 +1.3
DWX SPDR S&P International Dividend ETF 2.3 45 5 6.8 +2.0
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 2.3 24 26 6.4 +1.6
CGRO CoreValues Alpha Greater China Growth ETF 2.3 75 -25 2.9 -1.9
NUDM Nuveen ESG International Developed Markets Equity ETF 2.3 31 19 5.8 +0.9
FEGE First Eagle Global Equity ETF 2.3 79 -29 5.6 +0.7
LVHI Franklin International Low Volatility High Dividend Index ET 2.3 40 10 9.1 +4.3
CGXU Capital Group International Focus Equity ETF 2.2 54 -4 4.7 -0.2
VIGI Vanguard International Dividend Appreciation ETF 2.2 10 40 5.7 +0.9
IMTM iShares MSCI Intl Momentum Factor ETF 2.2 30 20 4.7 -0.2
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 2.2 14 36 5.5 +0.7
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 2.2 9 41 8.3 +3.5
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 2.2 40 10 6.4 +1.6
CEFA Global X S&P Catholic Values Developed ex-US ETF 2.2 35 15 5.7 +0.9
EFV iShares MSCI EAFE Value ETF 2.1 34 16 7.7 +2.9
DWM WisdomTree International Equity Fund 2.1 48 2 6.3 +1.5
DWLD Davis Select Worldwide ETF 2.1 63 -13 6.4 +1.6
VWID Virtus WMC International Dividend ETF 2.1 49 1 7.4 +2.5
JADE JPMorgan Active Developing Markets Equity ETF 2.1 65 -15 6.4 +1.6
EFA iShares MSCI EAFE ETF 2.1 35 15 5.8 +0.9
FDEV Fidelity International Multifactor ETF 2.1 18 32 6.6 +1.8
CGDG Capital Group Dividend Growers ETF 2.1 47 3 5.3 +0.5
MINV Matthews Asia Innovators Active ETF 2.0 79 -29 5.4 +0.6
EFG iShares MSCI EAFE Growth ETF 2.0 36 14 3.6 -1.2
IQSI IQ Candriam International Equity ETF 1.9 15 35 5.6 +0.8
IDOG ALPS International Sector Dividend Dogs ETF 1.9 50 0 10.6 +5.8
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 1.9 12 38 5.1 +0.3
ESGD iShares ESG Aware MSCI EAFE ETF 1.9 20 30 5.7 +0.9
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 1.9 20 30 5.4 +0.6
FIVA Fidelity International Value Factor ETF 1.9 18 32 8.0 +3.2
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 1.9 36 14 5.8 +0.9
VEGI iShares MSCI Agriculture Producers ETF 1.9 39 11 8.0 +3.1
HFXI IQ FTSE International Equity Currency Neutral ETF 1.9 20 30 5.9 +1.1
GSID Goldman Sachs MarketBeta International Equity ETF 1.9 20 30 5.8 +1.0
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 1.9 20 30 5.6 +0.7
IQDF FlexShares International Quality Dividend Index Fund 1.9 47 3 7.5 +2.7
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 1.8 65 -15 4.0 -0.8
IEFA iShares Core MSCI EAFE ETF 1.8 7 43 6.1 +1.3
RGEF Rockefeller Global Equity ETF 1.7 55 -5 3.9 -0.9
IDHQ Invesco S&P International Developed High Quality ETF 1.7 29 21 5.3 +0.5
ARKF ARK Fintech Innovation ETF 1.7 75 -25 0.1 -4.8
JIRE JPMorgan International Research Enhanced Equity ETF 1.7 24 26 6.3 +1.4
INEQ Columbia International Equity Income ETF 1.7 45 5 7.5 +2.7
BKIE BNY Mellon International Equity ETF 1.6 4 46 6.0 +1.2
JHMD John Hancock Multifactor Developed International ETF 1.6 39 11 6.5 +1.7
INTF iShares International Equity Factor ETF 1.6 15 35 6.5 +1.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 1.6 39 11 5.8 +0.9
IDEV iShares Core MSCI International Developed Markets ETF 1.6 4 46 6.1 +1.2
VYMI Vanguard International High Dividend Yield ETF 1.5 17 33 8.2 +3.3
DEW WisdomTree Global High Dividend Fund 1.5 58 -8 7.5 +2.7
SCHF Schwab International Equity ETF 1.5 6 44 6.2 +1.3
IQRA IQ CBRE Real Assets ETF 1.5 65 -15 5.4 +0.6
IMFL Invesco International Developed Dynamic Multifactor ETF 1.5 34 16 5.0 +0.2
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.5 65 -15 7.1 +2.3
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 1.5 58 -8 5.8 +1.0
SPDW SPDR Portfolio Developed World ex-US ETF 1.4 3 47 6.0 +1.2
FDRR Fidelity Dividend ETF for Rising Rates 1.4 15 35 6.1 +1.3
IQDG WisdomTree International Quality Dividend Growth Fund 1.4 42 8 6.0 +1.1
DFIV Dimensional International Value ETF 1.4 27 23 8.0 +3.2
VEA Vanguard FTSE Developed Markets ETF 1.4 3 47 6.1 +1.3
ACWV iShares MSCI Global Min Vol Factor ETF 1.4 20 30 5.3 +0.5
DFAI Dimensional International Core Equity Market ETF 1.4 18 32 6.0 +1.2
AVDE Avantis International Equity ETF 1.4 23 27 6.3 +1.5
AVIV Avantis International Large Cap Value ETF 1.4 25 25 7.4 +2.6
DIHP Dimensional International High Profitability ETF 1.4 29 21 5.8 +1.0
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 1.3 45 5 7.4 +2.6
BOAT SonicShares Global Shipping ETF 1.3 69 -19 24.9 +20.1
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.3 80 -30 7.3 +2.5
FNDF Schwab Fundamental International Large Co. Index ETF 1.3 25 25 8.1 +3.3
BLES Inspire Global Hope ETF 1.3 61 -11 6.0 +1.2
WLDR Affinity World Leaders Equity ETF 1.2 67 -17 6.4 +1.6
AVSD Avantis Responsible International Equity ETF 1.2 23 27 4.6 -0.2
ACWX iShares MSCI ACWI ex U.S. ETF 1.2 34 16 6.4 +1.6
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.2 41 9 6.4 +1.5
IXG iShares Global Financials ETF 1.2 42 8 5.9 +1.1
CWI SPDR MSCI ACWI ex-US ETF 1.2 30 20 6.4 +1.6
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.2 18 32 6.4 +1.6
IGRO iShares International Dividend Growth ETF 1.1 15 35 6.3 +1.4
VEU Vanguard FTSE All-World ex-US Index Fund 1.1 4 46 6.8 +2.0
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 1.1 33 17 8.1 +3.3
IXUS iShares Core MSCI Total International Stock ETF 1.1 7 43 6.7 +1.9
FDNI First Trust Dow Jones International Internet ETF 1.1 65 -15 18.6 +13.8
RWO SPDR Dow Jones Global Real Estate ETF 1.0 50 0 6.6 +1.7
BLDG Cambria Global Real Estate ETF 1.0 60 -10 10.9 +6.1
VSGX Vanguard ESG International Stock ETF 1.0 10 40 6.6 +1.8
VXUS Vanguard Total International Stock ETF 1.0 5 45 6.8 +1.9
STXI Strive International Developed Markets ETF 1.0 29 21 5.6 +0.8
SUPL ProShares Supply Chain Logistics ETF 1.0 58 -8 9.2 +4.4
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 1.0 86 -36 12.0 +7.1
DFIC Dimensional International Core Equity 2 ETF 1.0 23 27 6.3 +1.5
ERTH Invesco MSCI Sustainable Future ETF 0.9 62 -12 3.1 -1.7
FNDC Schwab Fundamental International Small Co. Index ETF 0.9 39 11 5.3 +0.4
CZAR Themes Natural Monopoly ETF 0.9 35 15 4.9 +0.1
VIDI Vident International Equity Strategy ETF 0.9 61 -11 9.2 +4.4
QWLD SPDR MSCI World StrategicFactors ETF 0.9 30 20 5.1 +0.3
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.9 39 11 6.8 +1.9
BYRE Principal Real Estate Active Opportunities ETF 0.9 65 -15 6.2 +1.4
AVRE Avantis Real Estate ETF 0.9 17 33 6.9 +2.1
DVYE iShares Emerging Markets Dividend ETF 0.9 49 1 16.6 +11.8
DXIV Dimensional International Vector Equity ETF 0.8 34 16 6.6 +1.8
JSTC Adasina Social Justice All Cap Global ETF 0.8 89 -39 4.2 -0.6
REET iShares Global REIT ETF 0.7 14 36 7.2 +2.3
RFDI First Trust Riverfront Dynamic Developed International ETF 0.7 83 -33 8.0 +3.2
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.7 42 8 5.5 +0.7
DFSI Dimensional International Sustainability Core 1 ETF 0.6 24 26 5.5 +0.6
DFGR Dimensional Global Real Estate ETF 0.6 22 28 7.3 +2.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.6 30 20 6.6 +1.7
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.6 46 4 5.4 +0.6
PPIE Putnam PanAgora ESG International Equity ETF 0.6 49 1 6.9 +2.0
EEMO Invesco S&P Emerging Markets Momentum ETF 0.6 29 21 6.8 +2.0
CCNR ALPS CoreCommodity Natural Resources ETF 0.6 39 11 7.3 +2.5
SHPP Pacer Industrials and Logistics ETF 0.5 60 -10 7.5 +2.7
TOK iShares MSCI Kokusai ETF 0.5 26 24 4.3 -0.5
KOKU Xtrackers MSCI Kokusai Equity ETF 0.5 9 41 4.5 -0.3
URTH iShares MSCI World ETF 0.5 24 26 4.4 -0.4
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.5 47 3 5.8 +0.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.5 20 30 4.8 -0.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.5 12 38 4.3 -0.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.5 9 41 4.9 +0.0
GLOF iShares Global Equity Factor ETF 0.5 20 30 5.9 +1.1
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.5 49 1 6.1 +1.3
KLMT Invesco MSCI Global Climate 500 ETF 0.4 10 40 5.0 +0.1
ACWI iShares MSCI ACWI ETF 0.4 32 18 4.7 -0.1
GEW Cambria Global EW ETF 0.4 29 21 5.3 +0.5
SCHY Schwab International Dividend Equity ETF 0.4 14 36 8.8 +4.0
FDVV Fidelity High Dividend ETF 0.4 15 35 6.9 +2.1
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.4 50 0 9.1 +4.3
EXI iShares Global Industrials ETF 0.4 42 8 3.6 -1.2
GXC SPDR S & P China ETF 0.4 59 -9 14.2 +9.3
VT Vanguard Total World Stock ETF 0.4 6 44 5.1 +0.3
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.4 25 25 5.4 +0.6
FPAG FPA Global Equity ETF 0.3 49 1 4.9 +0.1
JGLO JPMorgan Global Select Equity ETF 0.3 33 17 4.3 -0.5
EMGF iShares Emerging Markets Equity Factor ETF 0.3 25 25 9.3 +4.5
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.2 39 11 14.2 +9.4
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.2 32 18 11.1 +6.3
PXH Invesco FTSE RAFI Emerging Markets ETF 0.2 49 1 13.4 +8.6
ESGG FlexShares STOXX Global ESG Select Index Fund 0.2 42 8 4.7 -0.1
GMF SPDR S&P Emerging Asia Pacific ETF 0.2 49 1 8.3 +3.5
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.2 36 14 7.9 +3.1
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.2 15 35 8.3 +3.5
BKEM BNY Mellon Emerging Markets Equity ETF 0.2 11 39 7.9 +3.1
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.2 15 35 6.5 +1.7
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.2 59 -9 7.4 +2.6
SPEM SPDR Portfolio Emerging Markets ETF 0.1 7 43 9.2 +4.3
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.1 20 30 2.6 -2.3
ISCF iShares International SmallCap Equity Factor ETF 0.1 23 27 7.3 +2.5
APIE ActivePassive International Equity ETF 0.0 45 5 6.4 +1.5
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 29 3.1 -1.8
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.0 32 18 6.9 +2.1

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:

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 6.1 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 4.8 %
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.