iShares MSCI Italy ETF
ALTAR
Score™		 10.8% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 14.2x P/Sales
ratio		 1.4x
P/BV
ratio		 11.9x Div.
yield		 4.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium 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) $644
Currency USD
Expense ratio 50 bp
Distributions Semi-annual

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) $67,204
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
UNICREDIT S.P.A. 16.4 %
INTESA SANPAOLO S.P.A. 12.7 %
ENEL SPA 12.3 %
PRYSMIAN SPA 6.3 %
ENI SPA 5.3 %
ASSICURAZIONI GENERALI 4.6 %
FERRARI NV 3.9 %
LEONARDO SPA 3.9 %
BANCA POPOL EMILIA ROMAGNA 3.3 %
BANCA MONTE DEI PASCHI DI SIENA SP 3.0 %
Total 71.7 %

TOP COUNTRY EXPOSURE
ITALY 92.5 %
BRITAIN 2.6 %
LUXEMBOURG 2.1 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru April 30)
Year-to-date 1 year 5 years 10 years Since Incep.
6.3% 34.7% 16.9% 12.3% 6.8%

Market Correlations
versus... Beta R-squared
S&P500 0.86 40%
MSCI EAFE 1.02 76%
MSCI Emg. Mkts. 0.62 45%

Technical Indicators
Recent close $58.04
30d moving avg. $58.23
Annualized volatility 18.3%
Short interest (ETF) 5.8%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 408
Turnover 3.7%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $1,688

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 219 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™: 10.8%


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 10.2 57 -7 7.3 -3.5
EUFN iShares MSCI Europe Financials ETF 9.9 51 -1 7.1 -3.6
SCHY Schwab International Dividend Equity ETF 9.7 14 36 8.5 -2.3
EZU iShares MSCI Eurozone ETF 9.1 52 -2 5.6 -5.2
IDV iShares International Select Dividend ETF 9.1 51 -1 9.1 -1.7
HEZU iShares Currency Hedged MSCI Eurozone ETF 9.1 53 -3 5.5 -5.3
JHID John Hancock International High Dividend ETF 8.2 46 4 7.9 -2.9
FEZ SPDR EURO STOXX 50 ETF 8.2 29 21 5.8 -5.0
DIVI Franklin International Core Dividend Tilt Index ETF 7.5 9 41 6.6 -4.2
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 7.4 45 5 5.6 -5.2
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 7.4 58 -8 3.4 -7.4
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 7.0 58 -8 7.1 -3.7
DTH WisdomTree International High Dividend Fund 7.0 58 -8 7.4 -3.4
FINE Themes European Luxury ETF 6.4 35 15 3.7 -7.1
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 6.3 79 -29 3.6 -7.1
SMOG VanEck Low Carbon Energy ETF 6.0 61 -11 1.2 -9.6
IDMO Invesco S&P International Developed Momentum ETF 5.9 25 25 5.3 -5.5
LVHI Franklin International Low Volatility High Dividend Index ET 5.7 40 10 7.7 -3.1
POW VistaShares Electrification Supercycle ETF 5.6 75 -25 2.0 -8.8
FYLD Cambria Foreign Shareholder Yield ETF 5.4 59 -9 10.2 -0.6
FEUZ First Trust Eurozone AlphaDEX ETF 5.4 80 -30 6.4 -4.3
JXI iShares Global Utilities ETF 5.3 43 7 5.2 -5.6
RFDI First Trust Riverfront Dynamic Developed International ETF 5.2 83 -33 7.8 -3.0
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 5.1 25 25 6.3 -4.4
IPKW Invesco International BuyBack Achievers ETF 5.1 55 -5 8.2 -2.6
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 5.1 80 -30 5.6 -5.1
IEV iShares Europe ETF 5.1 67 -17 5.9 -4.9
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 4.8 65 -15 4.2 -6.6
DOL WisdomTree International LargeCap Dividend Fund 4.8 48 2 5.7 -5.1
UIVM VictoryShares International Value Momentum ETF 4.8 35 15 8.2 -2.6
TPIF Timothy Plan International ETF 4.7 62 -12 5.6 -5.1
BBEU JPMorgan BetaBuilders Europe ETF 4.6 9 41 6.2 -4.5
VGK Vanguard FTSE Europe ETF 4.6 6 44 6.6 -4.2
EFV iShares MSCI EAFE Value ETF 4.6 34 16 7.6 -3.2
EFAV iShares MSCI EAFE Min Vol Factor ETF 4.5 22 28 5.8 -5.0
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 4.5 75 -25 6.0 -4.7
SPEU SPDR Portfolio Europe ETF 4.5 7 43 6.5 -4.3
IEUR iShares Core MSCI Europe ETF 4.4 11 39 6.4 -4.4
FAN First Trust Global Wind Energy ETF 4.4 60 -10 2.8 -8.0
FLEE Franklin FTSE Europe ETF 4.4 9 41 6.3 -4.5
IGRO iShares International Dividend Growth ETF 4.4 15 35 6.8 -4.0
DBEU Xtrackers MSCI Europe Hedged Equity ETF 4.4 46 4 5.5 -5.2
EUDV ProShares MSCI Europe Dividend Growers ETF 4.3 55 -5 5.7 -5.0
IQDY FlexShares International Quality Dividend Dynamic Index Fund 4.3 47 3 7.2 -3.5
IQDF FlexShares International Quality Dividend Index Fund 4.3 47 3 7.6 -3.2
IDOG ALPS International Sector Dividend Dogs ETF 4.2 50 0 9.2 -1.6
ICOW Pacer Developed Markets International Cash Cows 100 ETF 4.1 65 -15 7.8 -2.9
INEQ Columbia International Equity Income ETF 4.1 45 5 7.9 -2.9
DWM WisdomTree International Equity Fund 4.1 48 2 5.7 -5.1
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 4.0 40 10 5.7 -5.1
GCOW Pacer Global Cash Cows Dividend ETF 3.9 60 -10 9.4 -1.4
PPIE Putnam PanAgora ESG International Equity ETF 3.9 49 1 6.2 -4.5
AIVI WisdomTree International AI Enhanced Value Fund 3.9 58 -8 6.3 -4.4
CIL VictoryShares International Volatility Wtd ETF 3.9 45 5 5.8 -4.9
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 3.7 80 -30 3.6 -7.2
SHLD Global X Defense Tech ETF 3.6 50 0 3.1 -7.7
IPAV Global X Infrastructure Development ex-U.S. ETF 3.5 55 -5 5.7 -5.0
FGD First Trust Dow Jones Global Select Dividend Index Fund 3.5 56 -6 9.8 -1.0
FPXE First Trust IPOX Europe Equity Opportunities ETF 3.5 70 -20 3.8 -7.0
QEFA SPDR MSCI EAFE StrategicFactors ETF 3.5 30 20 6.2 -4.6
EFAD ProShares MSCI EAFE Dividend Growers ETF 3.3 50 0 5.7 -5.0
DEW WisdomTree Global High Dividend Fund 3.3 58 -8 7.2 -3.5
FEP First Trust Europe AlphaDEX Fund 3.3 80 -30 6.8 -4.0
GSIE Goldman Sachs ActiveBeta International Equity ETF 3.2 25 25 6.2 -4.5
IVLU iShares MSCI Intl Value Factor ETF 3.2 30 20 8.1 -2.7
EFA iShares MSCI EAFE ETF 3.2 35 15 5.8 -5.0
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 3.2 20 30 5.7 -5.1
DWX SPDR S&P International Dividend ETF 3.2 45 5 6.8 -4.0
HEFA iShares Currency Hedged MSCI EAFE ETF 3.2 35 15 5.8 -5.0
ESGD iShares ESG Aware MSCI EAFE ETF 3.2 20 30 5.8 -5.0
DIM WisdomTree International MidCap Dividend Fund 3.2 58 -8 6.4 -4.4
OAIM OneAscent International Equity ETF 3.1 95 -45 4.7 -6.1
VYMI Vanguard International High Dividend Yield ETF 3.1 17 33 8.1 -2.7
CEFA Global X S&P Catholic Values Developed ex-US ETF 3.1 35 15 5.7 -5.0
FIDI Fidelity International High Dividend ETF 3.1 18 32 7.3 -3.5
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 3.1 45 5 6.8 -4.0
IDLV Invesco S&P International Developed Low Volatility ETF 3.1 25 25 6.5 -4.3
FRGN Horizon International Equity ETF 3.0 75 -25 7.8 -3.0
DFIV Dimensional International Value ETF 3.0 27 23 7.8 -2.9
WWJD Inspire International ETF 3.0 80 -30 6.4 -4.4
HEDJ WisdomTree Europe Hedged Equity Fund 3.0 58 -8 5.9 -4.8
NUDM Nuveen ESG International Developed Markets Equity ETF 2.9 31 19 5.6 -5.2
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 2.9 12 38 5.3 -5.5
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 2.9 36 14 5.4 -5.4
WLDR Affinity World Leaders Equity ETF 2.8 67 -17 5.8 -5.0
FID First Trust S&P International Dividend Aristocrats ETF 2.8 60 -10 7.8 -3.0
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 2.8 14 36 5.3 -5.4
IQSI IQ Candriam International Equity ETF 2.8 15 35 5.6 -5.2
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 2.8 39 11 6.2 -4.5
INTF iShares International Equity Factor ETF 2.8 15 35 6.5 -4.3
IMTM iShares MSCI Intl Momentum Factor ETF 2.8 30 20 4.7 -6.1
IDHQ Invesco S&P International Developed High Quality ETF 2.8 29 21 5.4 -5.3
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 2.8 20 30 5.7 -5.1
HFXI IQ FTSE International Equity Currency Neutral ETF 2.8 20 30 5.6 -5.1
IEFA iShares Core MSCI EAFE ETF 2.8 7 43 6.1 -4.7
JHMD John Hancock Multifactor Developed International ETF 2.7 39 11 6.2 -4.5
GSID Goldman Sachs MarketBeta International Equity ETF 2.7 20 30 5.9 -4.9
FNDF Schwab Fundamental International Large Co. Index ETF 2.7 25 25 7.4 -3.4
QINT American Century Quality Diversified International ETF 2.7 39 11 6.6 -4.2
VCLN Virtus Duff & Phelps Clean Energy ETF 2.7 59 -9 2.2 -8.6
IQLT iShares MSCI Intl Quality Factor ETF 2.7 30 20 5.5 -5.2
JPIN J.P. Morgan Diversified Return International Equity ETF 2.6 37 13 7.2 -3.6
AVIV Avantis International Large Cap Value ETF 2.6 25 25 7.0 -3.8
RCGE RockCreek Global Equality ETF 2.6 95 -45 6.2 -4.6
IVAL Alpha Architect International Quantitative Value ETF 2.5 49 1 7.7 -3.0
STXI Strive International Developed Markets ETF 2.5 29 21 6.2 -4.5
SCHF Schwab International Equity ETF 2.5 6 44 6.0 -4.8
IXG iShares Global Financials ETF 2.5 42 8 6.3 -4.5
FDFF Fidelity Disruptive Finance ETF 2.5 50 0 5.6 -5.1
IDEV iShares Core MSCI International Developed Markets ETF 2.4 4 46 6.0 -4.7
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 2.4 9 41 7.8 -3.0
DIHP Dimensional International High Profitability ETF 2.4 29 21 5.8 -5.0
DFAI Dimensional International Core Equity Market ETF 2.4 18 32 6.1 -4.7
DFIC Dimensional International Core Equity 2 ETF 2.4 23 27 6.3 -4.5
BKIE BNY Mellon International Equity ETF 2.4 4 46 6.0 -4.7
IGF iShares Global Infrastructure ETF 2.3 41 9 4.2 -6.5
GII SPDR S&P Global Infrastructure ETF 2.3 40 10 4.3 -6.5
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 2.3 46 4 5.0 -5.7
SPDW SPDR Portfolio Developed World ex-US ETF 2.3 3 47 5.8 -4.9
VEA Vanguard FTSE Developed Markets ETF 2.3 3 47 6.0 -4.8
FDD First Trust Stoxx European Select Dividend Index Fund 2.3 58 -8 9.8 -1.0
FICS First Trust International Developed Capital Strength ETF 2.3 70 -20 6.8 -4.0
PIEL Pacer International Export Leaders ETF 2.2 60 -10 4.1 -6.6
DWMF WisdomTree International Multifactor Fund 2.2 38 12 7.0 -3.8
FDEV Fidelity International Multifactor ETF 2.2 18 32 7.3 -3.4
BINV Brandes International ETF 2.1 70 -20 8.6 -2.1
WDIV SPDR S&P Global Dividend ETF 2.1 40 10 9.1 -1.7
NXTG First Trust Indxx NextG ETF 2.1 70 -20 3.4 -7.3
AVSD Avantis Responsible International Equity ETF 2.0 23 27 6.0 -4.8
FIVA Fidelity International Value Factor ETF 2.0 18 32 7.3 -3.4
CGIE Capital Group International Equity ETF 2.0 54 -4 4.6 -6.2
CGXU Capital Group International Focus Equity ETF 2.0 54 -4 3.8 -7.0
DFSI Dimensional International Sustainability Core 1 ETF 1.9 24 26 5.7 -5.1
IVSI Applied Finance IVS International Large ETF 1.9 65 -15 6.1 -4.7
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 1.9 47 3 5.0 -5.8
DMXF iShares ESG Advanced MSCI EAFE ETF 1.9 12 38 4.9 -5.8
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 1.9 39 11 7.0 -3.8
ACWX iShares MSCI ACWI ex U.S. ETF 1.9 34 16 6.4 -4.4
IXC iShares Global Energy ETF 1.9 44 6 7.3 -3.4
VEU Vanguard FTSE All-World ex-US Index Fund 1.8 4 46 6.7 -4.0
CWI SPDR MSCI ACWI ex-US ETF 1.8 30 20 6.5 -4.3
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.8 24 26 6.9 -3.8
AVDE Avantis International Equity ETF 1.8 23 27 6.2 -4.5
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.8 41 9 6.0 -4.8
JIRE JPMorgan International Research Enhanced Equity ETF 1.7 24 26 5.9 -4.9
EFG iShares MSCI EAFE Growth ETF 1.7 36 14 3.8 -7.0
VXUS Vanguard Total International Stock ETF 1.7 5 45 6.7 -4.1
PBD Invesco Global Clean Energy ETF 1.7 75 -25 0.2 -10.6
FENI Fidelity Enhanced International ETF 1.7 28 22 5.8 -4.9
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.6 18 32 6.4 -4.4
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 1.6 32 18 5.4 -5.3
IXUS iShares Core MSCI Total International Stock ETF 1.6 7 43 6.6 -4.2
DXIV Dimensional International Vector Equity ETF 1.6 34 16 6.6 -4.2
OEFA ALPS O’Shares International Developed Quality Dividend ETF 1.6 48 2 4.7 -6.1
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.6 30 20 6.4 -4.4
TTAI FCF International Quality ETF 1.5 59 -9 6.8 -4.0
VSGX Vanguard ESG International Stock ETF 1.5 10 40 6.6 -4.2
GLOF iShares Global Equity Factor ETF 1.5 20 30 5.6 -5.2
BLES Inspire Global Hope ETF 1.5 61 -11 5.7 -5.0
RODM Hartford Multifactor Developed Markets (ex-US) ETF 1.4 29 21 7.0 -3.7
DGT State Street SPDR Global Dow ETF 1.3 50 0 5.7 -5.1
JSTC Adasina Social Justice All Cap Global ETF 1.2 89 -39 4.3 -6.4
FDVV Fidelity High Dividend ETF 1.2 15 35 6.6 -4.1
KNO AXS Knowledge Leaders ETF 1.2 78 -28 4.0 -6.7
NATO Themes Transatlantic Defense ETF 1.2 35 15 1.9 -8.9
IQRA IQ CBRE Real Assets ETF 1.2 65 -15 5.9 -4.9
DTAN Sparkline International Intangible Value ETF 1.1 55 -5 7.1 -3.7
CGDG Capital Group Dividend Growers ETF 1.1 47 3 5.2 -5.6
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.1 80 -30 6.7 -4.1
RXI iShares Global Consumer Discretionary ETF 1.1 41 9 8.2 -2.5
ARB AltShares Merger Arbitrage ETF 1.1 77 -27 2.6 -8.2
CCNR ALPS CoreCommodity Natural Resources ETF 1.1 39 11 8.1 -2.7
XT iShares Exponential Technologies ETF 1.1 46 4 3.8 -6.9
GNR SPDR S&P Global Natural Resources ETF 1.1 40 10 8.6 -2.2
DFIS Dimensional International Small Cap ETF 1.0 39 11 6.1 -4.6
JIG JPMorgan International Growth ETF 1.0 55 -5 3.6 -7.1
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 1.0 42 8 4.1 -6.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.9 20 30 4.7 -6.0
QWLD SPDR MSCI World StrategicFactors ETF 0.9 30 20 5.2 -5.6
EUDG WisdomTree Europe Quality Dividend Growth Fund 0.9 58 -8 6.4 -4.4
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.9 46 4 7.8 -3.0
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.8 25 25 5.5 -5.3
TOK iShares MSCI Kokusai ETF 0.8 26 24 4.3 -6.5
URTH iShares MSCI World ETF 0.8 24 26 4.3 -6.5
EXI iShares Global Industrials ETF 0.8 42 8 3.6 -7.2
IQDG WisdomTree International Quality Dividend Growth Fund 0.8 42 8 5.8 -5.0
AZTD Aztlan Global Stock Selection DM SMID ETF 0.8 75 -25 4.1 -6.6
ESGG FlexShares STOXX Global ESG Select Index Fund 0.8 42 8 4.0 -6.7
KOKU Xtrackers MSCI Kokusai Equity ETF 0.8 9 41 4.4 -6.4
DRIV Global X Autonomous & Electric Vehicles ETF 0.8 68 -18 2.9 -7.8
IMFL Invesco International Developed Dynamic Multifactor ETF 0.7 34 16 5.2 -5.6
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.7 58 -8 5.4 -5.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.7 9 41 4.9 -5.9
DISV Dimensional International Small Cap Value ETF 0.7 42 8 8.1 -2.6
FDRR Fidelity Dividend ETF for Rising Rates 0.7 15 35 5.7 -5.1
ACWI iShares MSCI ACWI ETF 0.7 32 18 4.6 -6.1
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 0.6 60 -10 3.4 -7.3
FNDC Schwab Fundamental International Small Co. Index ETF 0.6 39 11 6.8 -3.9
GEW Cambria Global EW ETF 0.6 29 21 5.4 -5.4
VT Vanguard Total World Stock ETF 0.6 6 44 5.0 -5.8
DSTX Distillate International Fundamental Stability & Value ETF 0.6 55 -5 6.7 -4.1
ICPY Tweedy, Browne International Insider Value ETF 0.6 80 -30 21.5 +10.8
TRFK Pacer Data and Digital Revolution ETF 0.6 60 -10 1.8 -9.0
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.6 12 38 4.4 -6.3
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.5 49 1 6.1 -4.7
KLMT Invesco MSCI Global Climate 500 ETF 0.5 10 40 5.0 -5.8
HART IQ Healthy Hearts ETF 0.5 45 5 5.8 -5.0
COPY Tweedy, Browne Insider + Value ETF 0.4 80 -30 14.9 +4.2
DRNZ REX Drone ETF 0.4 65 -15 -1.6 -12.4
IXP iShares Global Comm Services ETF 0.4 42 8 5.7 -5.1
CARZ First Trust NASDAQ Global Auto Index Fund 0.4 70 -20 2.2 -8.5
UMMA Wahed Dow Jones Islamic World ETF 0.4 65 -15 3.5 -7.3
VIGI Vanguard International Dividend Appreciation ETF 0.3 10 40 6.1 -4.7
UFO Procure Space ETF 0.3 75 -25 -0.1 -10.8
AQLT iShares MSCI Global Quality Factor ETF 0.3 18 32 0.0 -10.8
ISCF iShares International SmallCap Equity Factor ETF 0.2 23 27 7.3 -3.5
SDG iShares MSCI Global Sustainable Development Goals ETF 0.1 49 1 4.5 -6.3
WRND IQ Global Equity R&D Leaders ETF 0.1 18 32 4.0 -6.8
VIDI Vident International Equity Strategy ETF 0.0 61 -11 8.1 -2.7

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

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

SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 119.4 %
Divided by: Fwd. P/BV 10.6 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 10.8 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.63 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.