iShares MSCI Italy ETF
ALTAR
Score™		 10.4% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 12.0x P/Sales
ratio		 1.2x
P/BV
ratio		 4.2x Div.
yield		 4.2%


  • 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) $760
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) $56,906
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. 15.5 %
INTESA SANPAOLO S.P.A. 13.0 %
ENEL SPA 10.0 %
FERRARI NV 7.3 %
ENI SPA 5.0 %
ASSICURAZIONI GENERALI 4.4 %
PRYSMIAN SPA 4.4 %
LEONARDO SPA 3.9 %
BANCO BPM SPA 3.6 %
STELLANTIS NV 3.4 %
Total 70.3 %

TOP COUNTRY EXPOSURE
ITALY 94.9 %
BRITAIN 3.5 %
LUXEMBOURG 1.7 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru July 31)
Year-to-date 1 year 5 years 10 years Since Incep.
34.1% 31.9% 17.9% 7.8% 6.2%

Market Correlations
versus... Beta R-squared
S&P500 0.90 45%
MSCI EAFE 1.04 68%
MSCI Emg. Mkts. 0.80 42%

Technical Indicators
Recent close $51.19
30d moving avg. $49.59
Annualized volatility 20.4%
Short interest (ETF) 1.1%
Relative strength (RSI) 66

Liquidity measures
Avg. volume (thou.) 422
Turnover 2.8%
Bid/Ask (% of price) 0.03%
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™: 10.4%


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 12.1 57 -7 8.3 -2.2
EUFN iShares MSCI Europe Financials ETF 10.3 51 -1 7.9 -2.5
FEUZ First Trust Eurozone AlphaDEX ETF 9.4 80 -30 9.1 -1.3
EZU iShares MSCI Eurozone ETF 9.1 52 -2 6.8 -3.7
FEZ SPDR EURO STOXX 50 ETF 8.9 29 21 7.2 -3.3
IDV iShares International Select Dividend ETF 8.6 51 -1 10.6 +0.2
JHID John Hancock International High Dividend ETF 7.8 46 4 9.5 -0.9
SCHY Schwab International Dividend Equity ETF 7.6 14 36 9.7 -0.8
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 7.4 58 -8 8.8 -1.6
FEP First Trust Europe AlphaDEX Fund 6.9 80 -30 9.1 -1.3
RFEU First Trust Riverfront Dynamic Europe ETF 6.8 83 -33 10.6 +0.2
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 6.7 58 -8 4.7 -5.8
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 6.7 45 5 6.9 -3.5
DTH WisdomTree International High Dividend Fund 6.7 58 -8 8.4 -2.0
LVHI Franklin International Low Volatility High Dividend Index ET 6.5 40 10 10.3 -0.1
FINE Themes European Luxury ETF 6.5 35 15 3.5 -6.9
SMOG VanEck Low Carbon Energy ETF 6.3 61 -11 1.8 -8.6
IDOG ALPS International Sector Dividend Dogs ETF 5.8 50 0 12.1 +1.7
VWID Virtus WMC International Dividend ETF 5.8 49 1 8.5 -2.0
IPKW Invesco International BuyBack Achievers ETF 5.6 55 -5 12.5 +2.1
DIVI Franklin International Core Dividend Tilt Index ETF 5.6 9 41 7.9 -2.5
DOL WisdomTree International LargeCap Dividend Fund 5.5 48 2 7.2 -3.3
IDMO Invesco S&P International Developed Momentum ETF 5.4 25 25 5.3 -5.1
UIVM VictoryShares International Value Momentum ETF 5.3 35 15 8.9 -1.5
TPIF Timothy Plan International ETF 5.3 62 -12 6.2 -4.2
FDD First Trust Stoxx European Select Dividend Index Fund 5.2 58 -8 11.3 +0.9
IEV iShares Europe ETF 4.9 67 -17 6.9 -3.5
IPAV Global X Infrastructure Development ex-U.S. ETF 4.9 55 -5 7.7 -2.7
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 4.8 80 -30 5.9 -4.5
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 4.8 25 25 7.3 -3.1
JXI iShares Global Utilities ETF 4.8 43 7 5.9 -4.6
EUDV ProShares MSCI Europe Dividend Growers ETF 4.7 55 -5 6.2 -4.2
FIDI Fidelity International High Dividend ETF 4.6 18 32 8.7 -1.8
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 4.6 80 -30 5.0 -5.4
VGK Vanguard FTSE Europe ETF 4.5 6 44 7.5 -2.9
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 4.5 75 -25 7.8 -2.7
EFV iShares MSCI EAFE Value ETF 4.4 34 16 9.1 -1.4
IMTM iShares MSCI Intl Momentum Factor ETF 4.4 30 20 5.5 -5.0
IEUR iShares Core MSCI Europe ETF 4.4 11 39 7.4 -3.0
GSFP Goldman Sachs Future Planet Equity ETF 4.4 75 -25 4.8 -5.6
FAN First Trust Global Wind Energy ETF 4.3 60 -10 4.5 -5.9
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 4.3 40 10 7.4 -3.0
SPEU SPDR Portfolio Europe ETF 4.3 7 43 7.4 -3.0
DWM WisdomTree International Equity Fund 4.2 48 2 7.4 -3.1
DIM WisdomTree International MidCap Dividend Fund 4.1 58 -8 7.5 -2.9
DWMF WisdomTree International Multifactor Fund 4.1 38 12 7.0 -3.4
IQDY FlexShares International Quality Dividend Dynamic Index Fund 4.1 47 3 8.4 -2.0
IQDF FlexShares International Quality Dividend Index Fund 4.0 47 3 8.9 -1.5
CIL VictoryShares International Volatility Wtd ETF 3.9 45 5 6.6 -3.8
IGRO iShares International Dividend Growth ETF 3.9 15 35 7.3 -3.2
SHLD Global X Defense Tech ETF 3.9 50 0 3.3 -7.2
IVLU iShares MSCI Intl Value Factor ETF 3.9 30 20 10.4 -0.1
IMOM Alpha Architect International Quantitative Momentum ETF 3.8 49 1 3.3 -7.2
BBEU JPMorgan BetaBuilders Europe ETF 3.8 9 41 7.2 -3.2
FLEE Franklin FTSE Europe ETF 3.8 9 41 7.3 -3.1
DBEU Xtrackers MSCI Europe Hedged Equity ETF 3.7 46 4 6.7 -3.8
FYLD Cambria Foreign Shareholder Yield ETF 3.6 59 -9 11.6 +1.2
ICOW Pacer Developed Markets International Cash Cows 100 ETF 3.6 65 -15 12.1 +1.7
IVAL Alpha Architect International Quantitative Value ETF 3.6 49 1 9.8 -0.6
RFDI First Trust Riverfront Dynamic Developed International ETF 3.6 83 -33 9.4 -1.1
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 3.5 45 5 8.8 -1.6
PPIE Putnam PanAgora ESG International Equity ETF 3.5 49 1 7.4 -3.0
IDLV Invesco S&P International Developed Low Volatility ETF 3.4 25 25 6.3 -4.2
NUDM Nuveen ESG International Developed Markets Equity ETF 3.4 31 19 6.3 -4.1
EFAV iShares MSCI EAFE Min Vol Factor ETF 3.4 22 28 5.8 -4.7
FDT First Trust Developed Markets ex-US AlphaDEX Fund 3.4 80 -30 9.6 -0.8
EFAD ProShares MSCI EAFE Dividend Growers ETF 3.4 50 0 6.0 -4.5
BLLD JPMorgan Sustainable Infrastructure ETF 3.4 49 1 6.1 -4.3
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 3.3 12 38 6.0 -4.4
NXTG First Trust Indxx NextG ETF 3.3 70 -20 5.3 -5.2
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 3.3 65 -15 4.3 -6.1
VYMI Vanguard International High Dividend Yield ETF 3.3 17 33 9.5 -0.9
QEFA SPDR MSCI EAFE StrategicFactors ETF 3.3 30 20 7.0 -3.4
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 3.3 20 30 6.3 -4.1
GSIE Goldman Sachs ActiveBeta International Equity ETF 3.3 25 25 7.1 -3.4
EFA iShares MSCI EAFE ETF 3.2 35 15 6.7 -3.7
ESGD iShares ESG Aware MSCI EAFE ETF 3.2 20 30 6.7 -3.7
WWJD Inspire International ETF 3.1 80 -30 7.3 -3.1
CEFA Global X S&P Catholic Values Developed ex-US ETF 3.1 35 15 6.6 -3.8
INTF iShares International Equity Factor ETF 3.1 15 35 7.6 -2.8
HEDJ WisdomTree Europe Hedged Equity Fund 3.1 58 -8 6.6 -3.9
TEMP JPMorgan Climate Change Solutions ETF 3.1 49 1 5.8 -4.7
FID First Trust S&P International Dividend Aristocrats ETF 3.1 60 -10 7.9 -2.6
WLDR Affinity World Leaders Equity ETF 3.0 67 -17 7.5 -2.9
DEW WisdomTree Global High Dividend Fund 2.9 58 -8 8.4 -2.1
BINV Brandes International ETF 2.9 70 -20 9.4 -1.0
QINT American Century Quality Diversified International ETF 2.9 39 11 7.3 -3.1
FNDF Schwab Fundamental International Large Co. Index ETF 2.8 25 25 9.6 -0.8
BPAY BlackRock Future Financial and Technology ETF 2.8 70 -20 7.5 -3.0
AIVI WisdomTree International AI Enhanced Value Fund 2.8 58 -8 7.0 -3.4
STXI Strive International Developed Markets ETF 2.8 29 21 6.7 -3.8
IEFA iShares Core MSCI EAFE ETF 2.8 7 43 7.0 -3.4
IDHQ Invesco S&P International Developed High Quality ETF 2.8 29 21 6.6 -3.8
DWX SPDR S&P International Dividend ETF 2.7 45 5 6.1 -4.3
SCHF Schwab International Equity ETF 2.7 6 44 7.3 -3.1
IQLT iShares MSCI Intl Quality Factor ETF 2.7 30 20 6.3 -4.2
NBCC Neuberger Berman Next Generation Connected Consumer ETF 2.6 56 -6 0.3 -10.1
HFXI IQ FTSE International Equity Currency Neutral ETF 2.6 20 30 7.1 -3.4
JHMD John Hancock Multifactor Developed International ETF 2.6 39 11 7.6 -2.9
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 2.6 14 36 6.2 -4.2
FDFF Fidelity Disruptive Finance ETF 2.5 50 0 4.2 -6.2
IDEV iShares Core MSCI International Developed Markets ETF 2.5 4 46 7.0 -3.5
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 2.4 36 14 6.5 -3.9
GSID Goldman Sachs MarketBeta International Equity ETF 2.4 20 30 6.9 -3.5
VEA Vanguard FTSE Developed Markets ETF 2.4 3 47 7.2 -3.2
DFAI Dimensional International Core Equity Market ETF 2.4 18 32 7.1 -3.3
DFIC Dimensional International Core Equity 2 ETF 2.4 23 27 7.4 -3.0
IXG iShares Global Financials ETF 2.4 42 8 6.5 -3.9
DFIV Dimensional International Value ETF 2.4 27 23 9.6 -0.8
WDIV SPDR S&P Global Dividend ETF 2.4 40 10 9.2 -1.2
SPDW SPDR Portfolio Developed World ex-US ETF 2.3 3 47 7.0 -3.4
FENI Fidelity Enhanced International ETF 2.3 28 22 6.6 -3.8
INEQ Columbia International Equity Income ETF 2.3 45 5 8.1 -2.4
FPXE First Trust IPOX Europe Equity Opportunities ETF 2.2 70 -20 4.8 -5.6
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 2.2 39 11 6.7 -3.7
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 2.2 9 41 9.1 -1.4
BKIE BNY Mellon International Equity ETF 2.2 4 46 7.0 -3.4
IGF iShares Global Infrastructure ETF 2.2 41 9 4.7 -5.8
DIHP Dimensional International High Profitability ETF 2.1 29 21 7.2 -3.3
FGD First Trust Dow Jones Global Select Dividend Index Fund 2.1 56 -6 10.7 +0.3
JPIN J.P. Morgan Diversified Return International Equity ETF 2.1 37 13 8.3 -2.1
GII SPDR S&P Global Infrastructure ETF 2.1 40 10 4.7 -5.7
RCGE RockCreek Global Equality ETF 2.1 95 -45 6.7 -3.8
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 2.1 46 4 5.6 -4.8
ACWX iShares MSCI ACWI ex U.S. ETF 2.0 34 16 7.8 -2.7
EFG iShares MSCI EAFE Growth ETF 2.0 36 14 4.4 -6.1
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 2.0 47 3 5.8 -4.6
VCLN Virtus Duff & Phelps Clean Energy ETF 2.0 59 -9 5.0 -5.4
CWI SPDR MSCI ACWI ex-US ETF 2.0 30 20 7.7 -2.8
PBD Invesco Global Clean Energy ETF 1.9 75 -25 -0.3 -10.8
VEU Vanguard FTSE All-World ex-US Index Fund 1.9 4 46 8.1 -2.3
DGT SPDR Global Dow ETF 1.9 50 0 7.0 -3.4
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 1.9 20 30 6.5 -4.0
GCOW Pacer Global Cash Cows Dividend ETF 1.9 60 -10 10.9 +0.4
AVSD Avantis Responsible International Equity ETF 1.8 23 27 5.7 -4.8
JIRE JPMorgan International Research Enhanced Equity ETF 1.8 24 26 7.2 -3.3
DFSI Dimensional International Sustainability Core 1 ETF 1.8 24 26 6.3 -4.1
DMXF iShares ESG Advanced MSCI EAFE ETF 1.8 12 38 5.5 -4.9
VXUS Vanguard Total International Stock ETF 1.8 5 45 7.9 -2.5
IXUS iShares Core MSCI Total International Stock ETF 1.7 7 43 7.9 -2.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 1.7 39 11 7.9 -2.5
VSGX Vanguard ESG International Stock ETF 1.7 10 40 7.7 -2.8
OAIM OneAscent International Equity ETF 1.7 95 -45 5.7 -4.7
IXC iShares Global Energy ETF 1.7 44 6 10.0 -0.4
DTAN Sparkline International Intangible Value ETF 1.6 55 -5 8.5 -1.9
AVDE Avantis International Equity ETF 1.6 23 27 7.4 -3.1
BLES Inspire Global Hope ETF 1.6 61 -11 6.8 -3.7
IQSI IQ Candriam International Equity ETF 1.6 15 35 6.6 -3.8
DXIV Dimensional International Vector Equity ETF 1.6 34 16 7.8 -2.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.6 30 20 7.9 -2.6
AVIV Avantis International Large Cap Value ETF 1.6 25 25 8.6 -1.9
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.5 18 32 7.9 -2.6
FIVA Fidelity International Value Factor ETF 1.5 18 32 9.9 -0.6
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.5 41 9 7.5 -3.0
TTAI FCF International Quality ETF 1.5 59 -9 7.2 -3.2
CGIE Capital Group International Equity ETF 1.5 54 -4 5.1 -5.3
FDEV Fidelity International Multifactor ETF 1.5 18 32 7.5 -3.0
FILL iShares MSCI Global Energy Producers ETF 1.5 39 11 11.6 +1.1
KNO AXS Knowledge Leaders ETF 1.5 78 -28 6.0 -4.5
GLOF iShares Global Equity Factor ETF 1.4 20 30 6.5 -4.0
RODM Hartford Multifactor Developed Markets (ex-US) ETF 1.4 29 21 7.7 -2.7
RXI iShares Global Consumer Discretionary ETF 1.4 41 9 9.3 -1.2
IDAT iShares Future Cloud 5G and Tech ETF 1.3 47 3 4.7 -5.8
SRVR Pacer Data & Infrastructure Real Estate ETF 1.3 55 -5 3.7 -6.7
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 1.3 25 25 5.9 -4.6
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.2 24 26 7.4 -3.0
DRIV Global X Autonomous & Electric Vehicles ETF 1.2 68 -18 5.0 -5.4
XT iShares Exponential Technologies ETF 1.1 46 4 4.9 -5.5
NATO Themes Transatlantic Defense ETF 1.1 35 15 2.4 -8.0
DISV Dimensional International Small Cap Value ETF 1.1 42 8 9.1 -1.4
IQRA IQ CBRE Real Assets ETF 1.1 65 -15 5.7 -4.7
FDIG Fidelity Crypto Industry and Digital Payments ETF 1.1 39 11 -1.4 -11.9
FINX Global X FinTech ETF 1.1 68 -18 2.2 -8.3
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 1.1 75 -25 4.4 -6.0
JGLO JPMorgan Global Select Equity ETF 1.0 33 17 4.9 -5.5
CZAR Themes Natural Monopoly ETF 1.0 35 15 5.7 -4.7
CGV Conductor Global Equity Value ETF 1.0 130 -80 8.3 -2.2
QWLD SPDR MSCI World StrategicFactors ETF 1.0 30 20 5.9 -4.5
RODE Hartford Multifactor Diversified International ETF 1.0 29 21 11.4 +0.9
WTRE WisdomTree New Economy Real Estate Fund 1.0 58 -8 9.9 -0.6
IMFL Invesco International Developed Dynamic Multifactor ETF 0.9 34 16 6.1 -4.4
HTEC ROBO Global Healthcare Technology and Innovation ETF 0.9 68 -18 2.4 -8.0
GNR SPDR S&P Global Natural Resources ETF 0.9 40 10 11.0 +0.5
DTEC ALPS Disruptive Technologies ETF 0.9 50 0 3.9 -6.6
ESGG FlexShares STOXX Global ESG Select Index Fund 0.8 42 8 5.4 -5.1
TOK iShares MSCI Kokusai ETF 0.8 26 24 5.0 -5.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.8 20 30 5.6 -4.8
URTH iShares MSCI World ETF 0.8 24 26 5.1 -5.4
EUDG WisdomTree Europe Quality Dividend Growth Fund 0.8 58 -8 6.9 -3.5
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.8 58 -8 7.1 -3.4
DSTX Distillate International Fundamental Stability & Value ETF 0.7 55 -5 7.9 -2.5
JSTC Adasina Social Justice All Cap Global ETF 0.7 89 -39 4.8 -5.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.7 9 41 5.7 -4.7
ACWI iShares MSCI ACWI ETF 0.7 32 18 5.5 -4.9
IQDG WisdomTree International Quality Dividend Growth Fund 0.7 42 8 7.3 -3.1
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.7 46 4 9.9 -0.6
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.7 12 38 5.2 -5.3
UMMA Wahed Dow Jones Islamic World ETF 0.7 65 -15 5.4 -5.0
HART IQ Healthy Hearts ETF 0.7 45 5 6.6 -3.8
VT Vanguard Total World Stock ETF 0.6 6 44 5.9 -4.6
KOKU Xtrackers MSCI Kokusai Equity ETF 0.6 9 41 5.2 -5.3
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 0.6 32 18 6.0 -4.4
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 0.6 60 -10 3.6 -6.8
EXI iShares Global Industrials ETF 0.6 42 8 4.5 -6.0
DFIS Dimensional International Small Cap ETF 0.6 39 11 7.3 -3.1
KLMT Invesco MSCI Global Climate 500 ETF 0.5 10 40 5.7 -4.7
VIDI Vident International Equity Strategy ETF 0.5 61 -11 10.9 +0.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.5 49 1 6.8 -3.6
CARZ First Trust NASDAQ Global Auto Index Fund 0.4 70 -20 4.8 -5.6
FNDC Schwab Fundamental International Small Co. Index ETF 0.4 39 11 5.8 -4.7
UFO Procure Space ETF 0.3 75 -25 0.2 -10.2
IBLC iShares Blockchain and Tech ETF 0.2 47 3 -3.1 -13.5
VIGI Vanguard International Dividend Appreciation ETF 0.2 10 40 6.3 -4.1
WRND IQ Global Equity R&D Leaders ETF 0.2 18 32 8.2 -2.2
ISCF iShares International SmallCap Equity Factor ETF 0.1 23 27 8.2 -2.3
SDG iShares MSCI Global Sustainable Development Goals ETF 0.1 49 1 5.8 -4.6
IXP iShares Global Comm Services ETF 0.1 42 8 5.6 -4.8
ACWV iShares MSCI Global Min Vol Factor ETF 0.1 20 30 6.2 -4.3
CCNR ALPS CoreCommodity Natural Resources ETF 0.1 39 11 11.0 +0.6

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 40.5 %
Divided by: Fwd. P/BV 3.7 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 10.4 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.60 CATEGORY
AVERAGE		 1.63
 
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.