ETF Research Center

iShares MSCI Italy ETF

ALTAR
Score™

10.0%

Recommen-
dation

SPECULATIVE

2025E 2026E
P/E ratio	11.9x	P/Sales ratio	1.3x
P/BV ratio	4.6x	Div. yield	4.2%

Description
Performance
Comps
Fundamentals
Valuation
Rating

iShares MSCI Italy Index Fund objective seeks to provide investment results that correspond to the performance of the Italian market, as measured by the MSCI Italy Index. The Fund invests in a

FUND BASICS
Category	International Equities
Fund Sponsor	Barclays Global Fund Advisors
Website	www.ishares.com
Inception date	Mar 12, 1996
Assets (mns)	$486
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	26
Wgt avg mkt cap (mns)	$53,800
Large cap (>$10bn)	94.5%
Mid cap ($2-10bn)	5.5%
Small cap (<$2bn)	0.0%
Developed mkts	100.0%
Emerging mkts	0.0%

TOP TEN HOLDINGS
Total	70.1 %
UNICREDIT S.P.A.	14.0 %
INTESA SANPAOLO S.P.A.	12.4 %
ENEL SPA	11.3 %
FERRARI NV	9.1 %
LEONARDO SPA	5.2 %
ASSICURAZIONI GENERALI	4.5 %
ENI SPA	4.0 %
PRYSMIAN SPA	3.3 %
BANCO BPM SPA	3.3 %
MONCLER SPA	3.0 %

TOP COUNTRY EXPOSURE
	ITALY	95.5 %
	BRITAIN	2.9 %
	LUXEMBOURG	1.7 %

Standardized Annual Returns (thru May 31)
Year-to-date	1 year	5 years	10 years	Since Incep.
32.8%	27.9%	20.2%	7.9%	6.2%

Market Correlations
versus...	Beta	R-squared
S&P500	0.94	50%
MSCI EAFE	1.11	73%
MSCI Emg. Mkts.	0.88	45%

Technical Indicators
Recent close	$47.98
30d moving avg.	$45.50
Annualized volatility	22.4%
Short interest (ETF)	1.2%
Relative strength (RSI)	65

Liquidity measures
Avg. volume (thou.)	397
Turnover	3.9%
Bid/Ask (% of price)	0.03%
ADV underlying (mns)	$1,688

FINDING ALTERNATIVE FUNDS

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

Benchmark ticker:

EWI

Expense:

50 bp

ALTAR Score™:

10.0%

ALTERNATIVE ETFs BASED ON OVERLAP WITH EWI
Ticker	Fund Name	Overlap¹ vs EWI (%)	Expense ratio (bp)	Savings vs EWI (bp)	ALTAR Score™ (%)	ALTAR vs EWI (%)
EFAS	Global X MSCI SuperDividend EAFE ETF	14.1	57	-7	8.7	-1.4
EUFN	iShares MSCI Europe Financials ETF	9.8	51	-1	8.2	-1.8
FEUZ	First Trust Eurozone AlphaDEX ETF	9.2	80	-30	9.3	-0.8
EZU	iShares MSCI Eurozone ETF	8.8	52	-2	6.6	-3.4
IDV	iShares International Select Dividend ETF	8.6	51	-1	11.2	+1.2
FEZ	SPDR EURO STOXX 50 ETF	8.3	29	21	7.1	-3.0
SCHY	Schwab International Dividend Equity ETF	8.1	14	36	9.6	-0.5
JHID	John Hancock International High Dividend ETF	7.8	46	4	9.9	-0.1
FINE	Themes European Luxury ETF	7.5	35	15	3.4	-6.6
SMOG	VanEck Low Carbon Energy ETF	7.4	61	-11	1.7	-8.4
DBEZ	Xtrackers MSCI Eurozone Hedged Equity ETF	6.8	45	5	6.9	-3.2
DTH	WisdomTree International High Dividend Fund	6.6	58	-8	8.9	-1.1
RFEU	First Trust Riverfront Dynamic Europe ETF	6.6	83	-33	10.4	+0.3
FEP	First Trust Europe AlphaDEX Fund	6.6	80	-30	9.3	-0.7
LVHI	Franklin International Low Volatility High Dividend Index ET	6.5	40	10	11.0	+0.9
GRID	First Trust Nasdaq Clean Edge Smart GRID Infrastructure	6.3	58	-8	5.0	-5.1
IPKW	Invesco International BuyBack Achievers ETF	6.2	55	-5	13.6	+3.5
EUSC	WisdomTree Europe Hedged SmallCap Equity Fund	6.2	58	-8	8.8	-1.2
IDOG	ALPS International Sector Dividend Dogs ETF	5.9	50	0	12.4	+2.4
VWID	Virtus WMC International Dividend ETF	5.8	49	1	8.8	-1.2
HDMV	First Trust Horizon Managed Volatility Developed Intl ETF	5.6	80	-30	5.4	-4.6
DIVI	Franklin International Core Dividend Tilt Index ETF	5.5	9	41	8.1	-1.9
DOL	WisdomTree International LargeCap Dividend Fund	5.5	48	2	7.4	-2.7
FDD	First Trust Stoxx European Select Dividend Index Fund	5.4	58	-8	11.9	+1.8
PIZ	Invesco Dorsey Wright Developed Markets Momentum ETF	5.4	80	-30	4.9	-5.2
TPIF	Timothy Plan International ETF	5.3	62	-12	6.3	-3.8
SHLD	Global X Defense Tech ETF	5.2	50	0	3.5	-6.6
JXI	iShares Global Utilities ETF	5.1	43	7	6.0	-4.1
EUDV	ProShares MSCI Europe Dividend Growers ETF	5.0	55	-5	5.8	-4.3
IDMO	Invesco S&P International Developed Momentum ETF	4.9	25	25	5.4	-4.7
GSEU	Goldman Sachs ActiveBeta Europe Equity ETF	4.9	25	25	7.2	-2.9
IEV	iShares Europe ETF	4.6	67	-17	6.8	-3.3
UIVM	VictoryShares International Value Momentum ETF	4.6	35	15	9.1	-1.0
FIDI	Fidelity International High Dividend ETF	4.6	18	32	8.9	-1.1
EFV	iShares MSCI EAFE Value ETF	4.6	34	16	9.3	-0.8
RNWZ	TrueShares Eagle Global Renewable Energy Income ETF	4.5	75	-25	8.1	-2.0
IVLU	iShares MSCI Intl Value Factor ETF	4.4	30	20	10.7	+0.6
IGRO	iShares International Dividend Growth ETF	4.4	15	35	7.1	-2.9
GSFP	Goldman Sachs Future Planet Equity ETF	4.4	75	-25	4.7	-5.4
FYLD	Cambria Foreign Shareholder Yield ETF	4.4	59	-9	12.2	+2.2
VGK	Vanguard FTSE Europe ETF	4.3	11	39	7.3	-2.7
DDWM	WisdomTree Dynamic Currency Hedged International Equity Fund	4.2	40	10	7.6	-2.4
FAN	First Trust Global Wind Energy ETF	4.2	60	-10	4.8	-5.2
IEUR	iShares Core MSCI Europe ETF	4.2	11	39	7.3	-2.8
IMTM	iShares MSCI Intl Momentum Factor ETF	4.2	30	20	5.4	-4.7
DWM	WisdomTree International Equity Fund	4.1	48	2	7.5	-2.5
DWMF	WisdomTree International Multifactor Fund	4.1	38	12	6.9	-3.2
SPEU	SPDR Portfolio Europe ETF	4.1	7	43	7.3	-2.8
CIL	VictoryShares International Volatility Wtd ETF	3.9	45	5	6.7	-3.4
BBEU	JPMorgan BetaBuilders Europe ETF	3.8	9	41	7.1	-2.9
FLEE	Franklin FTSE Europe ETF	3.8	9	41	7.3	-2.8
IDLV	Invesco S&P International Developed Low Volatility ETF	3.7	25	25	6.5	-3.6
DBEU	Xtrackers MSCI Europe Hedged Equity ETF	3.7	46	4	6.7	-3.4
PXF	Invesco FTSE RAFI Developed Markets ex-U.S. ETF	3.7	45	5	9.0	-1.0
DIM	WisdomTree International MidCap Dividend Fund	3.7	58	-8	7.7	-2.4
IVAL	Alpha Architect International Quantitative Value ETF	3.7	49	1	10.6	+0.6
PPIE	Putnam PanAgora ESG International Equity ETF	3.5	49	1	7.5	-2.6
EFAD	ProShares MSCI EAFE Dividend Growers ETF	3.5	50	0	5.7	-4.3
NUDM	Nuveen ESG International Developed Markets Equity ETF	3.4	31	19	6.4	-3.6
IPAV	Global X Infrastructure Development ex-U.S. ETF	3.4	55	-5	7.8	-2.2
FDT	First Trust Developed Markets ex-US AlphaDEX Fund	3.4	80	-30	10.2	+0.2
BLLD	JPMorgan Sustainable Infrastructure ETF	3.4	49	1	6.1	-4.0
EAFG	Pacer Developed Markets Cash Cows Growth Leaders ETF	3.3	65	-15	3.7	-6.4
IQDY	FlexShares International Quality Dividend Dynamic Index Fund	3.3	47	3	8.7	-1.4
IQDF	FlexShares International Quality Dividend Index Fund	3.3	47	3	9.4	-0.6
GSIE	Goldman Sachs ActiveBeta International Equity ETF	3.3	25	25	7.2	-2.9
NXTG	First Trust Indxx NextG ETF	3.3	70	-20	5.5	-4.5
EFAV	iShares MSCI EAFE Min Vol Factor ETF	3.2	22	28	5.6	-4.4
FID	First Trust S&P International Dividend Aristocrats ETF	3.2	60	-10	8.2	-1.8
QEFA	SPDR MSCI EAFE StrategicFactors ETF	3.2	30	20	7.1	-2.9
WWJD	Inspire International ETF	3.1	80	-30	7.4	-2.7
EFAX	SPDR MSCI EAFE Fossil Fuel Free ETF	3.1	20	30	6.6	-3.5
GCOW	Pacer Global Cash Cows Dividend ETF	3.1	60	-10	11.2	+1.2
EFA	iShares MSCI EAFE ETF	3.1	35	15	6.8	-3.2
VYMI	Vanguard International High Dividend Yield ETF	3.1	22	28	9.8	-0.2
PABD	iShares Paris-Aligned Climate MSCI World ex USA ETF	3.1	12	38	6.1	-3.9
HEDJ	WisdomTree Europe Hedged Equity Fund	3.1	58	-8	6.6	-3.5
TEMP	JPMorgan Climate Change Solutions ETF	3.1	49	1	5.9	-4.1
RFDI	First Trust Riverfront Dynamic Developed International ETF	3.0	83	-33	9.8	-0.3
CEFA	Global X S&P Catholic Values Developed ex-US ETF	3.0	35	15	6.8	-3.3
WLDR	Affinity World Leaders Equity ETF	3.0	67	-17	7.9	-2.1
ICOW	Pacer Developed Markets International Cash Cows 100 ETF	3.0	65	-15	11.9	+1.8
DWX	SPDR S&P International Dividend ETF	3.0	45	5	6.2	-3.9
LUX	Tema Luxury ETF	2.9	75	-25	4.5	-5.5
ESGD	iShares ESG Aware MSCI EAFE ETF	2.9	20	30	6.9	-3.2
BINV	Brandes International ETF	2.9	70	-20	9.7	-0.4
QINT	American Century Quality Diversified International ETF	2.9	39	11	7.4	-2.6
DEW	WisdomTree Global High Dividend Fund	2.9	58	-8	8.9	-1.2
BPAY	BlackRock Future Financial and Technology ETF	2.8	70	-20	7.3	-2.7
FNDF	Schwab Fundamental International Large Co. Index ETF	2.8	25	25	9.8	-0.3
AIVI	WisdomTree International AI Enhanced Value Fund	2.8	58	-8	7.3	-2.7
INTF	iShares International Equity Factor ETF	2.8	15	35	7.9	-2.2
FDFF	Fidelity Disruptive Finance ETF	2.8	50	0	4.0	-6.0
IEFA	iShares Core MSCI EAFE ETF	2.7	7	43	7.2	-2.9
NBCC	Neuberger Berman Next Generation Connected Consumer ETF	2.6	56	-6	2.6	-7.4
DMXF	iShares ESG Advanced MSCI EAFE ETF	2.6	12	38	5.5	-4.5
SCHF	Schwab International Equity ETF	2.6	6	44	7.4	-2.6
HFXI	IQ FTSE International Equity Currency Neutral ETF	2.6	20	30	7.2	-2.8
JHMD	John Hancock Multifactor Developed International ETF	2.6	39	11	7.6	-2.4
STXI	Strive International Developed Markets ETF	2.6	29	21	7.0	-3.1
EASG	Xtrackers MSCI EAFE ESG Leaders Equity ETF	2.6	14	36	6.3	-3.8
WDIV	SPDR S&P Global Dividend ETF	2.5	40	10	9.6	-0.4
DBEF	Xtrackers MSCI EAFE Hedged Equity ETF	2.5	36	14	6.7	-3.3
GSID	Goldman Sachs MarketBeta International Equity ETF	2.4	20	30	7.0	-3.1
VEA	Vanguard FTSE Developed Markets ETF	2.4	5	45	7.4	-2.7
IDEV	iShares Core MSCI International Developed Markets ETF	2.4	4	46	7.2	-2.9
INEQ	Columbia International Equity Income ETF	2.4	45	5	8.4	-1.6
FENI	Fidelity Enhanced International ETF	2.3	28	22	6.7	-3.3
DFIV	Dimensional International Value ETF	2.2	27	23	10.2	+0.1
IGF	iShares Global Infrastructure ETF	2.2	41	9	4.7	-5.3
DFAI	Dimensional International Core Equity Market ETF	2.2	18	32	7.3	-2.8
GII	SPDR S&P Global Infrastructure ETF	2.2	40	10	4.8	-5.3
HDEF	Xtrackers MSCI EAFE High Dividend Yield Equity ETF	2.2	9	41	9.2	-0.9
DFIC	Dimensional International Core Equity 2 ETF	2.2	23	27	7.6	-2.4
MFDX	PIMCO RAFI Dynamic Multi-Factor International Equity ETF	2.2	39	11	6.8	-3.3
SPDW	SPDR Portfolio Developed World ex-US ETF	2.2	3	47	7.2	-2.8
IQLT	iShares MSCI Intl Quality Factor ETF	2.2	30	20	6.2	-3.9
BKIE	BNY Mellon International Equity ETF	2.2	4	46	7.1	-2.9
IXG	iShares Global Financials ETF	2.1	42	8	6.9	-3.2
IMOM	Alpha Architect International Quantitative Momentum ETF	2.1	49	1	3.3	-6.8
DIHP	Dimensional International High Profitability ETF	2.1	29	21	7.2	-2.9
TOLZ	ProShares DJ Brookfield Global Infrastructure ETF	2.1	46	4	5.5	-4.6
JPIN	J.P. Morgan Diversified Return International Equity ETF	2.0	37	13	8.6	-1.4
FGD	First Trust Dow Jones Global Select Dividend Index Fund	2.0	56	-6	11.4	+1.4
NFRA	FlexShares STOXX Global Broad Infrastructure Index Fund	2.0	47	3	5.8	-4.3
RCGE	RockCreek Global Equality ETF	2.0	95	-45	6.5	-3.6
VCLN	Virtus Duff & Phelps Clean Energy ETF	2.0	59	-9	5.8	-4.3
ACWX	iShares MSCI ACWI ex U.S. ETF	2.0	34	16	7.9	-2.2
VEU	Vanguard FTSE All-World ex-US Index Fund	1.9	8	42	8.3	-1.8
PBD	Invesco Global Clean Energy ETF	1.9	75	-25	0.7	-9.4
LCTD	BlackRock World ex U.S. Carbon Transition Readiness ETF	1.9	20	30	6.6	-3.4
TTAI	FCF International Quality ETF	1.8	59	-9	6.9	-3.2
JIRE	JPMorgan International Research Enhanced Equity ETF	1.8	24	26	7.2	-2.8
AVSD	Avantis Responsible International Equity ETF	1.8	23	27	5.7	-4.4
FPXE	First Trust IPOX Europe Equity Opportunities ETF	1.8	70	-20	4.8	-5.3
CWI	SPDR MSCI ACWI ex-US ETF	1.8	30	20	7.9	-2.1
DGT	SPDR Global Dow ETF	1.8	50	0	7.4	-2.6
VXUS	Vanguard Total International Stock ETF	1.8	7	43	8.1	-1.9
TLTD	FlexShares Morningstar Developed Markets ex-US Factor Tilt	1.7	39	11	8.3	-1.8
VSGX	Vanguard ESG International Stock ETF	1.7	12	38	8.0	-2.1
IXUS	iShares Core MSCI Total International Stock ETF	1.7	7	43	8.1	-2.0
OAIM	OneAscent International Equity ETF	1.7	95	-45	5.8	-4.3
DFSI	Dimensional International Sustainability Core 1 ETF	1.7	24	26	6.4	-3.6
IQSI	IQ Candriam International Equity ETF	1.6	15	35	6.6	-3.4
BLES	Inspire Global Hope ETF	1.6	61	-11	7.0	-3.1
AVDE	Avantis International Equity ETF	1.6	23	27	7.6	-2.4
AVIV	Avantis International Large Cap Value ETF	1.6	25	25	8.9	-1.1
IXC	iShares Global Energy ETF	1.5	44	6	10.9	+0.9
DBAW	Xtrackers MSCI All World ex US Hedged Equity ETF	1.5	41	9	7.7	-2.3
GXUS	Goldman Sachs MarketBeta Total International Equity ETF	1.5	18	32	7.9	-2.1
FIVA	Fidelity International Value Factor ETF	1.5	18	32	10.3	+0.2
EFG	iShares MSCI EAFE Growth ETF	1.5	36	14	4.3	-5.7
DFAX	Dimensional World ex U.S. Core Equity 2 ETF	1.5	30	20	8.2	-1.8
CGIE	Capital Group International Equity ETF	1.5	54	-4	5.0	-5.1
FDEV	Fidelity International Multifactor ETF	1.5	18	32	7.5	-2.6
RXI	iShares Global Consumer Discretionary ETF	1.5	41	9	9.2	-0.8
KNO	AXS Knowledge Leaders ETF	1.5	78	-28	6.1	-3.9
RODM	Hartford Multifactor Developed Markets (ex-US) ETF	1.4	29	21	8.0	-2.1
DTAN	Sparkline International Intangible Value ETF	1.3	55	-5	8.3	-1.8
IDHQ	Invesco S&P International Developed High Quality ETF	1.3	29	21	6.6	-3.4
IDAT	iShares Future Cloud 5G and Tech ETF	1.3	47	3	5.0	-5.0
SRVR	Pacer Data & Infrastructure Real Estate ETF	1.3	55	-5	3.8	-6.2
NATO	Themes Transatlantic Defense ETF	1.3	35	15	2.4	-7.6
FILL	iShares MSCI Global Energy Producers ETF	1.3	39	11	12.6	+2.6
GLOF	iShares Global Equity Factor ETF	1.2	20	30	6.9	-3.1
GLOV	Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF	1.2	25	25	6.0	-4.1
DEEF	Xtrackers FTSE Developed ex US Multifactor ETF	1.2	24	26	7.6	-2.5
XT	iShares Exponential Technologies ETF	1.1	46	4	5.0	-5.1
DRIV	Global X Autonomous & Electric Vehicles ETF	1.1	68	-18	5.9	-4.2
IQRA	IQ CBRE Real Assets ETF	1.1	65	-15	5.8	-4.3
FDIG	Fidelity Crypto Industry and Digital Payments ETF	1.1	39	11	-1.2	-11.2
FINX	Global X FinTech ETF	1.1	68	-18	2.4	-7.7
IPAY	ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund	1.1	75	-25	4.5	-5.6
QWLD	SPDR MSCI World StrategicFactors ETF	1.1	30	20	6.2	-3.8
JGLO	JPMorgan Global Select Equity ETF	1.0	33	17	5.1	-4.9
CGV	Conductor Global Equity Value ETF	1.0	130	-80	8.8	-1.3
CZAR	Themes Natural Monopoly ETF	1.0	35	15	5.5	-4.6
IMFL	Invesco International Developed Dynamic Multifactor ETF	1.0	34	16	5.9	-4.1
HTEC	ROBO Global Healthcare Technology and Innovation ETF	1.0	68	-18	2.4	-7.7
RODE	Hartford Multifactor Diversified International ETF	1.0	29	21	11.0	+1.0
WTRE	WisdomTree New Economy Real Estate Fund	1.0	58	-8	9.2	-0.9
MDEV	First Trust Indxx Medical Devices ETF	0.9	70	-20	4.4	-5.6
DTEC	ALPS Disruptive Technologies ETF	0.9	50	0	3.9	-6.2
IHDG	WisdomTree International Hedged Quality Dividend Growth Fund	0.9	58	-8	7.0	-3.1
TOK	iShares MSCI Kokusai ETF	0.8	26	24	5.3	-4.7
IQDG	WisdomTree International Quality Dividend Growth Fund	0.8	42	8	7.0	-3.0
ESGG	FlexShares STOXX Global ESG Select Index Fund	0.8	42	8	5.6	-4.4
URTH	iShares MSCI World ETF	0.8	24	26	5.4	-4.7
GNR	SPDR S&P Global Natural Resources ETF	0.8	40	10	11.9	+1.9
DSTX	Distillate International Fundamental Stability & Value ETF	0.8	55	-5	8.3	-1.8
DFIS	Dimensional International Small Cap ETF	0.8	39	11	7.5	-2.5
EUDG	WisdomTree Europe Quality Dividend Growth Fund	0.8	58	-8	6.7	-3.4
CRBN	iShares MSCI ACWI Low Carbon Target ETF	0.7	20	30	6.0	-4.1
FOWF	Pacer Solactive Whitney Fututre of Warfare ETF	0.7	60	-10	3.7	-6.3
DISV	Dimensional International Small Cap Value ETF	0.7	42	8	9.7	-0.4
SPGM	SPDR Portfolio MSCI Global Stock Market ETF	0.7	9	41	6.1	-4.0
UMMA	Wahed Dow Jones Islamic World ETF	0.7	65	-15	5.2	-4.9
ACWI	iShares MSCI ACWI ETF	0.7	32	18	5.8	-4.2
GUNR	FlexShares Morningstar Global Upstream Natural Resources Ind	0.7	46	4	10.6	+0.5
VT	Vanguard Total World Stock ETF	0.7	7	43	6.2	-3.9
HART	IQ Healthy Hearts ETF	0.7	45	5	6.6	-3.4
KLMT	Invesco MSCI Global Climate 500 ETF	0.6	10	40	6.1	-4.0
KOKU	Xtrackers MSCI Kokusai Equity ETF	0.6	9	41	5.4	-4.6
QLVD	FlexShares Developed Markets ex-US Quality Low Volatility In	0.6	32	18	5.9	-4.2
NZAC	SPDR MSCI ACWI Climate Paris Aligned ETF	0.6	12	38	5.4	-4.7
JSTC	Adasina Social Justice All Cap Global ETF	0.6	89	-39	4.9	-5.2
EXI	iShares Global Industrials ETF	0.5	42	8	4.6	-5.4
CARZ	First Trust NASDAQ Global Auto Index Fund	0.5	70	-20	5.7	-4.4
AGNG	Global X Aging Population ETF	0.4	50	0	4.9	-5.1
FNDC	Schwab Fundamental International Small Co. Index ETF	0.4	39	11	6.1	-4.0
PDN	Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF	0.4	49	1	7.1	-2.9
VIDI	Vident International Equity Strategy ETF	0.4	61	-11	11.6	+1.6
UFO	Procure Space ETF	0.3	75	-25	-1.9	-11.9
AIQ	Global X Artificial Intelligence & Technology ETF	0.3	68	-18	4.0	-6.0
IBLC	iShares Blockchain and Tech ETF	0.2	47	3	-4.3	-14.3
VIGI	Vanguard International Dividend Appreciation ETF	0.2	15	35	6.1	-4.0
WRND	IQ Global Equity R&D Leaders ETF	0.2	18	32	8.7	-1.4
ISCF	iShares International SmallCap Equity Factor ETF	0.1	23	27	8.5	-1.6
ACWV	iShares MSCI Global Min Vol Factor ETF	0.1	20	30	5.9	-4.1
IXP	iShares Global Comm Services ETF	0.1	42	8	5.8	-4.2
SDG	iShares MSCI Global Sustainable Development Goals ETF	0.1	49	1	6.3	-3.8
CCNR	ALPS CoreCommodity Natural Resources ETF	0.1	39	11	12.0	+1.9

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%.

	2020	2021	2022	2023	2024	2025E	2026E
Sales per share	**	**	**	**	**	**	**
Earnings per share	**	**	**	**	**	**	**
Dividends per share	**	**	**	**	**	**	**
Book value per share	**	**	**	**	**	**	**

Sales per share growth		**%	**%	**%	**%	**%	**%
EPS growth		**%	**%	**%	**%	**%	**%

Sales per share growth		**%	**%	**%	**%	**%	**%
EPS growth		**%	**%	**%	**%	**%	**%

Long term EPS growth est.	**%		Debt-to-equity	**x
Asset turnover	**%		Assets-to-equity	**x

	2024	2025E	2026E
Price-to-sales	**	**	**
Price-to-earnings	**	**	**
Price-to-cash flow	**	**	**
Price-to-growth	**	**	**
Price-to-book value	**	**	**
Yield	**	**	**

Forward multiple:	iShares MSCI Italy ETF
Relative to:	S&P500	MSCI EAFE	MSCI Emg. Mkts.	Other ETF:

	Custom date range	Compare to
	thru

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