iShares MSCI Hong Kong ETF
ALTAR
Score™		 5.5% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 13.7x P/Sales
ratio		 2.4x
P/BV
ratio		 1.0x Div.
yield		 5.0%


  • 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) $649
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) $36,746
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 22.9 %
HONG KONG EXCHANGES & CLEAR 17.2 %
BOC HONG KONG HOLDINGS LTD 4.6 %
SUN HUNG KAI PROPERTIES 4.5 %
CK HUTCHISON HOLDINGS LTD 4.5 %
TECHTRONIC INDUSTRIES CO 4.0 %
LINK REIT 3.9 %
CLP HOLDINGS LTD 3.7 %
HANG SENG BANK LTD 3.2 %
HONG KONG & CHINA GAS 2.7 %
Total 71.1 %

TOP COUNTRY EXPOSURE
HONG KONG 96.6 %
BERMUDA 1.9 %
MACAU 1.5 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
19.2% 32.5% 1.4% 1.8% 4.5%

Market Correlations
versus... Beta R-squared
S&P500 0.45 8%
MSCI EAFE 0.85 29%
MSCI Emg. Mkts. 1.18 58%

Technical Indicators
Recent close $20.11
30d moving avg. $19.34
Annualized volatility 26.1%
Short interest (ETF) 11.7%
Relative strength (RSI) 63

Liquidity measures
Avg. volume (thou.) 3,166
Turnover 9.8%
Bid/Ask (% of price) 0.06%
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™: 5.5%


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 78.9 9 41 7.1 +1.6
DVYA iShares Asia/Pacific Dividend ETF 25.0 49 1 8.4 +2.8
EPP iShares MSCI Pacific ex-Japan ETF 18.7 47 3 5.4 -0.1
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 18.0 19 31 6.0 +0.5
EFAS Global X MSCI SuperDividend EAFE ETF 12.9 57 -7 8.4 +2.9
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 11.3 80 -30 5.5 -0.0
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 7.4 80 -30 9.7 +4.2
IFGL iShares International Developed Real Estate ETF 7.3 48 2 7.0 +1.5
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 6.4 10 40 8.1 +2.6
AIA iShares Asia 50 ETF 6.3 50 0 13.3 +7.8
VNQI Vanguard Global ex-U.S. Real Estate ETF 6.1 12 38 7.9 +2.4
FID First Trust S&P International Dividend Aristocrats ETF 6.1 60 -10 8.1 +2.6
FGD First Trust Dow Jones Global Select Dividend Index Fund 5.9 56 -6 11.0 +5.5
EFAV iShares MSCI EAFE Min Vol Factor ETF 5.9 22 28 5.7 +0.2
ADIV SmartETFs Asia Pacific Dividend Builder ETF 5.7 78 -28 9.4 +3.8
BKCI BNY Mellon Concentrated International ETF 5.6 80 -30 5.0 -0.6
GVAL Cambria Global Value ETF 5.6 68 -18 11.0 +5.5
WDIV SPDR S&P Global Dividend ETF 5.3 40 10 9.5 +4.0
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 5.0 32 18 5.9 +0.4
IDV iShares International Select Dividend ETF 5.0 51 -1 11.1 +5.6
AAXJ iShares MSCI All Country Asia ex Japan ETF 4.9 70 -20 9.3 +3.8
IPAC iShares Core MSCI Pacific ETF 4.9 9 41 6.7 +1.2
AIVI WisdomTree International AI Enhanced Value Fund 4.5 58 -8 7.4 +1.8
DINT Davis Select International ETF 4.4 55 -5 8.0 +2.5
FLAX Franklin FTSE Asia Ex Japan ETF 4.3 19 31 9.5 +4.0
UIVM VictoryShares International Value Momentum ETF 4.3 35 15 9.0 +3.5
RWX SPDR Dow Jones International Real Estate ETF 4.2 59 -9 7.0 +1.4
DIM WisdomTree International MidCap Dividend Fund 4.2 58 -8 7.6 +2.0
VPL Vanguard FTSE Pacific ETF 4.0 7 43 7.1 +1.6
GQRE FlexShares Global Quality Real Estate Index Fund 4.0 45 5 7.8 +2.3
DTH WisdomTree International High Dividend Fund 4.0 58 -8 8.9 +3.4
SRET Global X SuperDividend REIT ETF 3.9 59 -9 12.1 +6.5
EFAD ProShares MSCI EAFE Dividend Growers ETF 3.9 50 0 5.8 +0.3
JHID John Hancock International High Dividend ETF 3.8 46 4 9.9 +4.3
BJK VanEck Gaming ETF 3.7 65 -15 4.1 -1.4
RODM Hartford Multifactor Developed Markets (ex-US) ETF 3.7 29 21 7.9 +2.4
WWJD Inspire International ETF 3.6 80 -30 7.2 +1.7
FIDI Fidelity International High Dividend ETF 3.6 18 32 9.0 +3.5
DWMF WisdomTree International Multifactor Fund 3.6 38 12 7.0 +1.4
FEOE First Eagle Overseas Equity ETF 3.6 79 -29 8.2 +2.7
FENI Fidelity Enhanced International ETF 3.6 28 22 6.7 +1.2
OSEA Harbor International Compounders ETF 3.5 55 -5 4.6 -0.9
SDG iShares MSCI Global Sustainable Development Goals ETF 3.5 49 1 6.2 +0.7
AGQI First Trust Active Global Quality Income ETF 3.4 85 -35 5.3 -0.3
RODE Hartford Multifactor Diversified International ETF 3.3 29 21 12.7 +7.2
FYLD Cambria Foreign Shareholder Yield ETF 3.2 59 -9 11.9 +6.4
IDLV Invesco S&P International Developed Low Volatility ETF 3.1 25 25 6.5 +0.9
QEFA SPDR MSCI EAFE StrategicFactors ETF 3.1 30 20 7.0 +1.5
GCOW Pacer Global Cash Cows Dividend ETF 3.1 60 -10 10.9 +5.4
DMXF iShares ESG Advanced MSCI EAFE ETF 3.1 12 38 5.5 +0.0
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 2.9 65 -15 3.6 -1.9
TPIF Timothy Plan International ETF 2.8 62 -12 6.2 +0.7
IQRA IQ CBRE Real Assets ETF 2.7 65 -15 5.8 +0.2
CIL VictoryShares International Volatility Wtd ETF 2.7 45 5 6.6 +1.1
FIVA Fidelity International Value Factor ETF 2.7 18 32 10.2 +4.7
IQLT iShares MSCI Intl Quality Factor ETF 2.7 30 20 6.2 +0.7
ERET iShares Environmentally Aware Real Estate ETF 2.6 30 20 7.4 +1.9
CGDG Capital Group Dividend Growers ETF 2.6 47 3 6.2 +0.7
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.6 47 3 8.5 +3.0
CGIE Capital Group International Equity ETF 2.6 54 -4 5.0 -0.5
DWLD Davis Select Worldwide ETF 2.4 63 -13 7.5 +1.9
DWM WisdomTree International Equity Fund 2.4 48 2 7.5 +2.0
CGXU Capital Group International Focus Equity ETF 2.4 54 -4 5.7 +0.2
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 2.3 40 10 7.6 +2.1
VWID Virtus WMC International Dividend ETF 2.3 49 1 8.8 +3.3
IVLU iShares MSCI Intl Value Factor ETF 2.3 30 20 10.7 +5.2
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 2.3 9 41 9.2 +3.7
INEQ Columbia International Equity Income ETF 2.3 45 5 8.3 +2.7
DOL WisdomTree International LargeCap Dividend Fund 2.3 48 2 7.4 +1.9
JPIN J.P. Morgan Diversified Return International Equity ETF 2.3 37 13 8.5 +3.0
DIVI Franklin International Core Dividend Tilt Index ETF 2.3 9 41 8.1 +2.6
IQDF FlexShares International Quality Dividend Index Fund 2.2 47 3 9.3 +3.8
FDT First Trust Developed Markets ex-US AlphaDEX Fund 2.1 80 -30 10.0 +4.5
MCH Matthews China Active ETF 2.1 79 -29 15.3 +9.7
EFV iShares MSCI EAFE Value ETF 2.1 34 16 9.3 +3.8
CEFA Global X S&P Catholic Values Developed ex-US ETF 2.1 35 15 6.7 +1.2
FFTY Innovator IBD 50 ETF 2.0 80 -30 0.5 -5.0
CGRO CoreValues Alpha Greater China Growth ETF 2.0 75 -25 3.8 -1.8
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 2.0 14 36 6.3 +0.7
IGRO iShares International Dividend Growth ETF 2.0 15 35 7.2 +1.6
EFA iShares MSCI EAFE ETF 2.0 35 15 6.9 +1.3
VIGI Vanguard International Dividend Appreciation ETF 2.0 10 40 6.1 +0.6
IQSI IQ Candriam International Equity ETF 2.0 15 35 6.6 +1.1
IDOG ALPS International Sector Dividend Dogs ETF 1.9 50 0 12.2 +6.6
AADR AdvisorShares Dorsey Wright ADR ETF 1.9 110 -60 5.1 -0.4
EFG iShares MSCI EAFE Growth ETF 1.9 36 14 4.3 -1.2
NUDM Nuveen ESG International Developed Markets Equity ETF 1.9 31 19 6.3 +0.8
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 1.9 36 14 6.9 +1.4
FDEV Fidelity International Multifactor ETF 1.9 18 32 7.4 +1.9
VIDI Vident International Equity Strategy ETF 1.9 61 -11 11.4 +5.8
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 1.9 20 30 6.6 +1.1
HFXI IQ FTSE International Equity Currency Neutral ETF 1.9 20 30 7.2 +1.7
LVHI Franklin International Low Volatility High Dividend Index ET 1.9 40 10 10.9 +5.4
DWX SPDR S&P International Dividend ETF 1.8 45 5 6.2 +0.6
BLES Inspire Global Hope ETF 1.8 61 -11 6.8 +1.2
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.8 24 26 7.5 +2.0
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 1.8 20 30 6.5 +0.9
OAIM OneAscent International Equity ETF 1.8 95 -45 5.6 +0.1
GSID Goldman Sachs MarketBeta International Equity ETF 1.8 20 30 7.0 +1.4
ESGD iShares ESG Aware MSCI EAFE ETF 1.8 20 30 6.9 +1.4
IEFA iShares Core MSCI EAFE ETF 1.7 7 43 7.2 +1.6
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 1.7 12 38 6.1 +0.6
JIRE JPMorgan International Research Enhanced Equity ETF 1.7 24 26 7.1 +1.6
RGEF Rockefeller Global Equity ETF 1.7 55 -5 4.9 -0.6
VEGI iShares MSCI Agriculture Producers ETF 1.6 39 11 8.4 +2.9
IDHQ Invesco S&P International Developed High Quality ETF 1.6 29 21 6.6 +1.1
GSIE Goldman Sachs ActiveBeta International Equity ETF 1.6 25 25 7.1 +1.6
BKIE BNY Mellon International Equity ETF 1.6 4 46 7.1 +1.5
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.6 65 -15 7.4 +1.8
ICOW Pacer Developed Markets International Cash Cows 100 ETF 1.6 65 -15 11.5 +6.0
FEGE First Eagle Global Equity ETF 1.6 79 -29 7.0 +1.4
JIG JPMorgan International Growth ETF 1.6 55 -5 4.7 -0.8
SCHF Schwab International Equity ETF 1.5 6 44 7.4 +1.8
IDEV iShares Core MSCI International Developed Markets ETF 1.5 4 46 7.2 +1.6
VYMI Vanguard International High Dividend Yield ETF 1.5 17 33 9.8 +4.3
IMFL Invesco International Developed Dynamic Multifactor ETF 1.5 34 16 6.0 +0.5
INTF iShares International Equity Factor ETF 1.5 15 35 7.8 +2.3
JHMD John Hancock Multifactor Developed International ETF 1.5 39 11 7.6 +2.1
SPDW SPDR Portfolio Developed World ex-US ETF 1.4 3 47 7.2 +1.7
VEA Vanguard FTSE Developed Markets ETF 1.4 3 47 7.3 +1.8
DIHP Dimensional International High Profitability ETF 1.4 29 21 7.2 +1.6
AVDE Avantis International Equity ETF 1.4 23 27 7.6 +2.1
CGV Conductor Global Equity Value ETF 1.4 130 -80 8.7 +3.2
FNDF Schwab Fundamental International Large Co. Index ETF 1.4 25 25 9.6 +4.0
ACWV iShares MSCI Global Min Vol Factor ETF 1.3 20 30 5.9 +0.4
DFAI Dimensional International Core Equity Market ETF 1.3 18 32 7.3 +1.7
ARKF ARK Fintech Innovation ETF 1.3 75 -25 -0.4 -6.0
JGLO JPMorgan Global Select Equity ETF 1.3 33 17 4.9 -0.6
AVIV Avantis International Large Cap Value ETF 1.3 25 25 8.9 +3.4
BOAT SonicShares Global Shipping ETF 1.3 69 -19 31.6 +26.1
DFIV Dimensional International Value ETF 1.3 27 23 10.0 +4.5
FDRR Fidelity Dividend ETF for Rising Rates 1.3 15 35 7.2 +1.7
ACWX iShares MSCI ACWI ex U.S. ETF 1.3 34 16 7.8 +2.3
RWO SPDR Dow Jones Global Real Estate ETF 1.3 50 0 7.1 +1.6
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 1.2 45 5 8.9 +3.4
IXG iShares Global Financials ETF 1.2 42 8 6.8 +1.2
CWI SPDR MSCI ACWI ex-US ETF 1.2 30 20 7.7 +2.2
FPXI First Trust International Equity Opportunities ETF 1.2 70 -20 3.5 -2.1
ERTH Invesco MSCI Sustainable Future ETF 1.2 62 -12 3.6 -1.9
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.2 18 32 7.6 +2.0
AVSD Avantis Responsible International Equity ETF 1.2 23 27 5.7 +0.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.2 41 9 7.8 +2.3
VEU Vanguard FTSE All-World ex-US Index Fund 1.1 4 46 8.2 +2.7
IXUS iShares Core MSCI Total International Stock ETF 1.1 7 43 8.0 +2.5
VSGX Vanguard ESG International Stock ETF 1.1 10 40 7.9 +2.4
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 1.0 33 17 10.1 +4.6
VXUS Vanguard Total International Stock ETF 1.0 5 45 8.0 +2.5
STXI Strive International Developed Markets ETF 1.0 29 21 7.0 +1.4
LUX Tema Luxury ETF 1.0 75 -25 4.3 -1.3
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 1.0 39 11 6.7 +1.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 1.0 39 11 8.2 +2.7
AVRE Avantis Real Estate ETF 0.9 17 33 7.1 +1.6
DFIC Dimensional International Core Equity 2 ETF 0.9 23 27 7.6 +2.0
MINV Matthews Asia Innovators Active ETF 0.9 79 -29 7.7 +2.2
DSTX Distillate International Fundamental Stability & Value ETF 0.9 55 -5 8.1 +2.6
QWLD SPDR MSCI World StrategicFactors ETF 0.9 30 20 6.1 +0.6
REET iShares Global REIT ETF 0.9 14 36 7.6 +2.1
DFGR Dimensional Global Real Estate ETF 0.8 22 28 7.5 +2.0
DVYE iShares Emerging Markets Dividend ETF 0.8 49 1 18.7 +13.2
FDEM Fidelity Emerging Markets Multifactor ETF 0.8 25 25 12.8 +7.3
DXIV Dimensional International Vector Equity ETF 0.8 34 16 8.0 +2.4
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.7 46 4 5.6 +0.1
SUPL ProShares Supply Chain Logistics ETF 0.7 58 -8 11.3 +5.8
DFSI Dimensional International Sustainability Core 1 ETF 0.7 24 26 6.4 +0.9
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.6 30 20 8.1 +2.6
RFDI First Trust Riverfront Dynamic Developed International ETF 0.6 83 -33 9.7 +4.2
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.6 86 -36 13.3 +7.8
FDNI First Trust Dow Jones International Internet ETF 0.6 65 -15 18.4 +12.9
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 0.6 40 10 7.1 +1.6
JSTC Adasina Social Justice All Cap Global ETF 0.6 89 -39 4.8 -0.7
FNDC Schwab Fundamental International Small Co. Index ETF 0.6 39 11 5.9 +0.3
DEW WisdomTree Global High Dividend Fund 0.6 58 -8 8.7 +3.2
IMTM iShares MSCI Intl Momentum Factor ETF 0.6 30 20 5.4 -0.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.6 12 38 5.2 -0.3
TOK iShares MSCI Kokusai ETF 0.5 26 24 5.2 -0.4
KOKU Xtrackers MSCI Kokusai Equity ETF 0.5 9 41 5.3 -0.3
URTH iShares MSCI World ETF 0.5 24 26 5.2 -0.3
IQDG WisdomTree International Quality Dividend Growth Fund 0.5 42 8 7.0 +1.5
CGGO Capital Group Global Growth Equity ETF 0.5 47 3 4.7 -0.8
CCNR ALPS CoreCommodity Natural Resources ETF 0.5 39 11 11.4 +5.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.5 9 41 5.9 +0.4
SHPP Pacer Industrials and Logistics ETF 0.5 60 -10 8.4 +2.9
KLMT Invesco MSCI Global Climate 500 ETF 0.5 10 40 5.9 +0.4
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.5 47 3 5.8 +0.2
PPIE Putnam PanAgora ESG International Equity ETF 0.5 49 1 7.4 +1.9
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.5 42 8 6.6 +1.1
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.5 58 -8 7.1 +1.5
ACWI iShares MSCI ACWI ETF 0.4 32 18 5.7 +0.1
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.4 25 25 6.0 +0.4
MEM Matthews Emerging Markets Equity Active ETF 0.4 79 -29 8.0 +2.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.4 49 1 6.9 +1.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.4 20 30 5.8 +0.3
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.4 50 0 11.4 +5.9
GXC SPDR S&P China ETF 0.4 59 -9 16.4 +10.9
SCHY Schwab International Dividend Equity ETF 0.4 14 36 9.6 +4.1
VT Vanguard Total World Stock ETF 0.4 6 44 6.0 +0.5
EXI iShares Global Industrials ETF 0.4 42 8 4.5 -1.0
FDVV Fidelity High Dividend ETF 0.3 15 35 7.8 +2.3
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.3 32 18 17.5 +12.0
EEMO Invesco S&P Emerging Markets Momentum ETF 0.3 29 21 6.5 +1.0
CZAR Themes Natural Monopoly ETF 0.3 35 15 5.4 -0.1
FPAG FPA Global Equity ETF 0.3 49 1 5.8 +0.2
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.3 39 11 16.2 +10.7
ESGG FlexShares STOXX Global ESG Select Index Fund 0.3 42 8 5.4 -0.1
EMGF iShares Emerging Markets Equity Factor ETF 0.3 25 25 11.9 +6.4
IDMO Invesco S&P International Developed Momentum ETF 0.3 25 25 5.4 -0.1
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.3 15 35 8.2 +2.6
KOMP SPDR S&P Kensho New Economies Composite ETF 0.2 20 30 2.8 -2.8
RAYD Rayliant Quantitative Developed Market Equity ETF 0.2 80 -30 4.5 -1.1
GMF SPDR S&P Emerging Asia Pacific ETF 0.2 49 1 9.5 +4.0
PXH Invesco FTSE RAFI Emerging Markets ETF 0.2 49 1 15.9 +10.4
GLOF iShares Global Equity Factor ETF 0.2 20 30 6.7 +1.2
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.2 36 14 9.9 +4.4
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.2 15 35 10.4 +4.8
BKEM BNY Mellon Emerging Markets Equity ETF 0.2 11 39 10.1 +4.6
SPEM SPDR Portfolio Emerging Markets ETF 0.1 7 43 10.6 +5.1
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.1 59 -9 11.7 +6.2
WLDR Affinity World Leaders Equity ETF 0.1 67 -17 7.7 +2.2
APIE ActivePassive International Equity ETF 0.1 45 5 7.4 +1.9
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 29 3.8 -1.7
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.0 32 18 9.3 +3.8
JHEM John Hancock Multifactor Emerging Markets ETF 0.0 49 1 10.4 +4.9

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 6.2 %
Divided by: Fwd. P/BV 1.0 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 5.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.46 CATEGORY
AVERAGE		 1.62
 
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.