iShares MSCI Japan ETF
ALTAR
Score™		 5.3% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 17.1x P/Sales
ratio		 1.1x
P/BV
ratio		 1.4x Div.
yield		 3.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares MSCI Japan Index fund seeks investment results that correspond to the price and yield performance of the MSCI Japan Index. The index consists primarily of large cap stocks traded in the Japanese market.

FUND BASICS
Category International Equities
Fund Sponsor Barclays Global Fund Advisors
Website www.ishares.com
Inception date Mar 12, 1996
Assets (mns) $18,615
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 n/a
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 181
Wgt avg mkt cap (mns) $68,141
Large cap (>$10bn) 79.1%
Mid cap ($2-10bn) 20.6%
Small cap (<$2bn) 0.4%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
TOYOTA MOTOR CORP 4.5 %
MITSUBISHI UFJ FINANCIAL GRO 4.3 %
HITACHI LTD 3.0 %
SUMITOMO MITSUI FINANCIAL GR 2.8 %
SONY CORP 2.7 %
ADVANTEST CORP 2.6 %
MIZUHO FINANCIAL GROUP INC 2.4 %
TOKYO ELECTRON LTD 2.4 %
SOFTBANK GROUP CORP. 2.1 %
MITSUBISHI CORP 2.1 %
Total 28.9 %

TOP COUNTRY EXPOSURE
JAPAN 91.5 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
14.4% 41.1% 8.8% 10.0% 3.0%

Market Correlations
versus... Beta R-squared
S&P500 0.76 52%
MSCI EAFE 1.08 76%
MSCI Emg. Mkts. 0.77 47%

Technical Indicators
Recent close $84.77
30d moving avg. $88.78
Annualized volatility 13.3%
Short interest (ETF) 3.6%
Relative strength (RSI) 65

Liquidity measures
Avg. volume (thou.) 12,584
Turnover 5.7%
Bid/Ask (% of price) 0.01%
ADV underlying (mns) $18,906

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 340 potential alternatives to the iShares MSCI Japan ETF ETF based on the alternatives' overlap in portfolio holdings with EWJ. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EWJ Expense: 50 bp ALTAR Score™: 5.3%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EWJ
Ticker Fund
Name		 Overlap1
vs EWJ
(%)		 Expense
ratio
(bp)		 Savings
vs EWJ
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EWJ
(%)
DBJP Xtrackers MSCI Japan Hedged Equity ETF 90.7 47 3 5.1 -0.2
FLJP Franklin FTSE Japan ETF 82.3 9 41 5.7 +0.5
FLJH Franklin FTSE Japan Hedged ETF 81.0 9 41 5.5 +0.3
JPXN iShares JPX-Nikkei 400 ETF 80.0 48 2 5.7 +0.5
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 79.9 25 25 5.8 +0.5
DXJ WisdomTree Japan Hedged Equity Fund 60.9 48 2 5.7 +0.4
EWJV iShares MSCI Japan Value ETF 57.6 15 35 7.3 +2.0
IPAC iShares Core MSCI Pacific ETF 54.4 9 41 5.7 +0.5
VPL Vanguard FTSE Pacific ETF 44.3 7 43 5.8 +0.5
IVLU iShares MSCI Intl Value Factor ETF 31.3 30 20 8.4 +3.2
DMXF iShares ESG Advanced MSCI EAFE ETF 29.2 12 38 5.2 -0.1
JIVE JPMorgan International Value ETF 28.6 55 -5 8.8 +3.6
CEFA Global X S&P Catholic Values Developed ex-US ETF 27.2 35 15 5.9 +0.6
FJP First Trust Japan AlphaDEX Fund 25.8 80 -30 7.5 +2.3
PATN Pacer Nasdaq International Patent Leaders ETF 25.3 65 -15 4.9 -0.4
VIGI Vanguard International Dividend Appreciation ETF 25.3 10 40 6.1 +0.8
EFV iShares MSCI EAFE Value ETF 24.1 34 16 7.8 +2.5
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 23.5 14 36 5.5 +0.3
EFA iShares MSCI EAFE ETF 23.5 35 15 5.9 +0.7
IQSI IQ Candriam International Equity ETF 23.5 15 35 5.7 +0.5
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 23.0 20 30 5.8 +0.5
EFG iShares MSCI EAFE Growth ETF 22.9 36 14 3.9 -1.4
ESGD iShares ESG Aware MSCI EAFE ETF 22.5 20 30 5.9 +0.7
RAYJ Rayliant SMDAM Japan Equity ETF 22.4 72 -22 3.2 -2.1
QEFA SPDR MSCI EAFE StrategicFactors ETF 22.1 30 20 6.2 +0.9
JHMD John Hancock Multifactor Developed International ETF 21.9 39 11 6.3 +1.1
GSID Goldman Sachs MarketBeta International Equity ETF 21.7 20 30 6.0 +0.8
JIRE JPMorgan International Research Enhanced Equity ETF 21.2 24 26 6.0 +0.7
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 21.0 36 14 5.6 +0.4
FENI Fidelity Enhanced International ETF 21.0 28 22 6.0 +0.7
HFXI IQ FTSE International Equity Currency Neutral ETF 20.9 20 30 6.0 +0.7
IMTM iShares MSCI Intl Momentum Factor ETF 20.7 30 20 4.9 -0.3
DIVI Franklin International Core Dividend Tilt Index ETF 20.7 9 41 6.9 +1.6
FNDF Schwab Fundamental International Large Co. Index ETF 20.4 25 25 7.9 +2.6
IVSI Applied Finance IVS International LrgETF 20.1 65 -15 6.3 +1.0
IEFA iShares Core MSCI EAFE ETF 20.0 7 43 6.2 +1.0
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 19.7 58 -8 5.7 +0.5
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 19.5 45 5 7.2 +1.9
STXI Strive International Developed Markets ETF 19.4 29 21 5.9 +0.6
IGRO iShares International Dividend Growth ETF 19.3 15 35 6.8 +1.6
BKIE BNY Mellon International Equity ETF 19.0 4 46 6.1 +0.9
DIHP Dimensional International High Profitability ETF 18.8 29 21 5.7 +0.5
EFAV iShares MSCI EAFE Min Vol Factor ETF 18.7 22 28 5.6 +0.4
SCHF Schwab International Equity ETF 18.3 6 44 6.3 +1.0
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 18.3 12 38 5.4 +0.2
SPDW SPDR Portfolio Developed World ex-US ETF 18.3 3 47 6.1 +0.9
TPIF Timothy Plan International ETF 18.0 62 -12 5.6 +0.4
IDEV iShares Core MSCI International Developed Markets ETF 18.0 4 46 6.2 +0.9
NUDM Nuveen ESG International Developed Markets Equity ETF 17.8 31 19 5.7 +0.5
CIL VictoryShares International Volatility Wtd ETF 17.5 45 5 5.7 +0.5
PPIE Putnam PanAgora ESG International Equity ETF 17.4 49 1 6.6 +1.4
GSIE Goldman Sachs ActiveBeta International Equity ETF 17.3 25 25 6.3 +1.1
RFDI First Trust Riverfront Dynamic Developed International ETF 17.2 83 -33 7.9 +2.7
DFIV Dimensional International Value ETF 17.1 27 23 8.0 +2.8
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 17.0 20 30 5.7 +0.5
INTF iShares International Equity Factor ETF 16.8 15 35 6.7 +1.4
DFAI Dimensional International Core Equity Market ETF 16.6 18 32 6.2 +0.9
FIVA Fidelity International Value Factor ETF 16.6 18 32 7.7 +2.4
VEA Vanguard FTSE Developed Markets ETF 16.4 3 47 6.2 +1.0
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 16.3 39 11 6.3 +1.0
DOL WisdomTree International LargeCap Dividend Fund 15.8 48 2 6.0 +0.7
INEQ Columbia International Equity Income ETF 15.4 45 5 7.8 +2.6
CGIE Capital Group International Equity ETF 15.3 54 -4 4.7 -0.6
IQDG WisdomTree International Quality Dividend Growth Fund 15.1 42 8 5.8 +0.5
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 15.0 58 -8 5.5 +0.2
CWI SPDR MSCI ACWI ex-US ETF 14.7 30 20 6.8 +1.5
EXI iShares Global Industrials ETF 14.6 42 8 3.6 -1.7
VWID Virtus WMC International Dividend ETF 14.4 49 1 7.5 +2.2
ACWX iShares MSCI ACWI ex U.S. ETF 14.3 34 16 6.7 +1.4
FDT First Trust Developed Markets ex-US AlphaDEX Fund 14.3 80 -30 7.0 +1.8
IDHQ Invesco S&P International Developed High Quality ETF 14.2 29 21 5.7 +0.4
DWM WisdomTree International Equity Fund 14.1 48 2 5.7 +0.5
RXI iShares Global Consumer Discretionary ETF 14.0 41 9 7.9 +2.6
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 13.9 40 10 5.8 +0.5
OEFA ALPS O’Shares International Developed Quality Dividend ETF 13.5 48 2 4.6 -0.7
IMFL Invesco International Developed Dynamic Multifactor ETF 13.4 34 16 5.3 +0.0
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 13.4 24 26 6.9 +1.7
QINT American Century Quality Diversified International ETF 13.3 39 11 6.8 +1.6
JPIN J.P. Morgan Diversified Return International Equity ETF 13.3 37 13 7.2 +1.9
DWMF WisdomTree International Multifactor Fund 13.2 38 12 6.7 +1.4
GXUS Goldman Sachs MarketBeta Total International Equity ETF 13.2 18 32 6.7 +1.4
DTAN Sparkline International Intangible Value ETF 13.2 55 -5 7.3 +2.1
VEU Vanguard FTSE All-World ex-US Index Fund 13.1 4 46 7.1 +1.8
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 12.9 32 18 5.3 +0.0
UMMA Wahed Dow Jones Islamic World ETF 12.9 65 -15 4.0 -1.2
VYMI Vanguard International High Dividend Yield ETF 12.8 17 33 8.3 +3.0
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 12.7 41 9 6.4 +1.2
IQLT iShares MSCI Intl Quality Factor ETF 12.7 30 20 5.6 +0.3
DFSI Dimensional International Sustainability Core 1 ETF 12.4 24 26 5.7 +0.4
VSGX Vanguard ESG International Stock ETF 12.3 10 40 7.0 +1.7
IQDY FlexShares International Quality Dividend Dynamic Index Fund 12.3 47 3 7.9 +2.6
VXUS Vanguard Total International Stock ETF 12.2 5 45 7.0 +1.7
IXUS iShares Core MSCI Total International Stock ETF 12.1 7 43 6.9 +1.6
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 12.1 39 11 7.1 +1.9
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 12.0 42 8 4.2 -1.1
FRGN Horizon International Equity ETF 11.8 75 -25 8.5 +3.3
UIVM VictoryShares International Value Momentum ETF 11.7 35 15 8.5 +3.3
DFIC Dimensional International Core Equity 2 ETF 11.5 23 27 6.4 +1.1
CLNR IQ Cleaner Transport ETF 11.1 45 5 3.9 -1.4
DIM WisdomTree International MidCap Dividend Fund 11.1 58 -8 6.4 +1.1
AVSD Avantis Responsible International Equity ETF 10.9 23 27 6.1 +0.9
CGXU Capital Group International Focus Equity ETF 10.8 54 -4 4.3 -1.0
AVDE Avantis International Equity ETF 10.7 23 27 6.4 +1.1
IQDF FlexShares International Quality Dividend Index Fund 10.6 47 3 8.0 +2.7
AVIV Avantis International Large Cap Value ETF 10.4 25 25 7.1 +1.9
LVHI Franklin International Low Volatility High Dividend Index ET 10.2 40 10 7.7 +2.4
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 10.0 65 -15 4.2 -1.0
JHID John Hancock International High Dividend ETF 9.6 46 4 8.2 +3.0
ACWV iShares MSCI Global Min Vol Factor ETF 9.5 20 30 5.6 +0.3
FDEV Fidelity International Multifactor ETF 9.4 18 32 7.1 +1.9
FIDI Fidelity International High Dividend ETF 9.2 18 32 7.3 +2.1
BULD Pacer BlueStar Engineering the Future ETF 8.7 60 -10 0.4 -4.8
DXIV Dimensional International Vector Equity ETF 8.7 34 16 6.7 +1.4
PIEL Pacer International Export Leaders ETF 8.5 60 -10 4.3 -0.9
DGT State Street SPDR Global Dow ETF 8.4 50 0 6.0 +0.7
QWLD SPDR MSCI World StrategicFactors ETF 8.3 30 20 5.2 -0.0
DFAX Dimensional World ex U.S. Core Equity 2 ETF 8.2 30 20 6.6 +1.4
WWJD Inspire International ETF 8.0 80 -30 6.4 +1.2
ICOW Pacer Developed Markets International Cash Cows 100 ETF 7.9 65 -15 8.1 +2.8
JIG JPMorgan International Growth ETF 7.8 55 -5 3.8 -1.5
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 7.8 80 -30 5.5 +0.2
DSTX Distillate International Fundamental Stability & Value ETF 7.8 55 -5 6.6 +1.4
ITOL Tema International Durable Quality ETF 7.6 60 -10 5.0 -0.2
EFAD ProShares MSCI EAFE Dividend Growers ETF 7.6 50 0 5.7 +0.5
GCOW Pacer Global Cash Cows Dividend ETF 7.2 60 -10 9.2 +3.9
RODM Hartford Multifactor Developed Markets (ex-US) ETF 7.0 29 21 7.2 +1.9
QTUM Defiance Quantum ETF 6.9 40 10 4.9 -0.3
RGEF Rockefeller Global Equity ETF 6.9 55 -5 4.1 -1.1
WRND IQ Global Equity R&D Leaders ETF 6.7 18 32 4.3 -1.0
NXTG First Trust Indxx NextG ETF 6.5 70 -20 4.7 -0.5
KNO AXS Knowledge Leaders ETF 6.5 78 -28 4.6 -0.7
IXG iShares Global Financials ETF 6.5 42 8 6.6 +1.3
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 6.3 9 41 7.6 +2.4
IBOT Vaneck Robotics ETF 6.2 47 3 3.7 -1.5
URTH iShares MSCI World ETF 6.1 24 26 4.6 -0.7
IXP iShares Global Comm Services ETF 6.1 42 8 5.5 +0.2
IDLV Invesco S&P International Developed Low Volatility ETF 6.0 25 25 6.2 +1.0
GEW Cambria Global EW ETF 6.0 29 21 5.5 +0.3
FEOE First Eagle Overseas Equity ETF 5.6 79 -29 6.3 +1.0
AIVI WisdomTree International AI Enhanced Value Fund 5.5 58 -8 6.5 +1.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 5.5 20 30 5.0 -0.3
DWX SPDR S&P International Dividend ETF 5.5 45 5 6.8 +1.5
CARZ First Trust NASDAQ Global Auto Index Fund 5.4 70 -20 3.2 -2.1
ACWI iShares MSCI ACWI ETF 5.4 32 18 5.0 -0.3
OSEA Harbor International Compounders ETF 5.3 55 -5 4.2 -1.1
CGDG Capital Group Dividend Growers ETF 5.3 47 3 5.2 -0.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 5.3 9 41 5.2 -0.1
GLBL Pacer MSCI World Industry Advantage ETF 5.3 65 -15 3.7 -1.5
ESGG FlexShares STOXX Global ESG Select Index Fund 5.2 42 8 4.4 -0.8
WLDR Affinity World Leaders Equity ETF 5.1 67 -17 6.7 +1.4
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 5.1 80 -30 3.7 -1.6
NUKZ Range Nuclear Renaissance Index ETF 5.1 85 -35 1.3 -4.0
GLOF iShares Global Equity Factor ETF 5.0 20 30 5.9 +0.7
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 5.0 65 -15 1.6 -3.7
DRIV Global X Autonomous & Electric Vehicles ETF 4.9 68 -18 3.9 -1.4
JGLO JPMorgan Global Select Equity ETF 4.9 33 17 4.4 -0.9
FBOT Fidelity Disruptive Automation ETF 4.9 50 0 3.1 -2.1
KLMT Invesco MSCI Global Climate 500 ETF 4.9 10 40 5.3 0.0
WBAT WisdomTree Battery Value Chain and Innovation Fund 4.9 45 5 -0.9 -6.2
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 4.8 47 3 4.9 -0.3
VT Vanguard Total World Stock ETF 4.7 6 44 5.3 +0.0
BAI iShares AI Innovation and Tech Active ETF 4.7 55 -5 1.4 -3.8
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 4.7 75 -25 3.8 -1.5
AGQI First Trust Active Global Quality Income ETF 4.7 85 -35 6.6 +1.3
FEGE First Eagle Global Equity ETF 4.7 79 -29 6.0 +0.8
IDMO Invesco S&P International Developed Momentum ETF 4.6 25 25 5.3 +0.1
BINV Brandes International ETF 4.5 70 -20 8.6 +3.4
DTH WisdomTree International High Dividend Fund 4.4 58 -8 7.5 +2.2
BNGE First Trust S-Network Streaming and Gaming ETF 4.4 70 -20 2.8 -2.4
JSTC Adasina Social Justice All Cap Global ETF 4.4 89 -39 4.7 -0.6
BKCI BNY Mellon Concentrated International ETF 4.4 80 -30 4.9 -0.4
GTEK Goldman Sachs Future Tech Leaders Equity ETF 4.4 75 -25 2.5 -2.7
ROBO ROBO Global Robotics & Automation Index ETF 4.3 95 -45 2.7 -2.5
BLES Inspire Global Hope ETF 4.3 61 -11 6.0 +0.7
ARVR First Trust Indxx Metaverse ETF 4.2 70 -20 4.4 -0.9
KNCT Invesco Next Gen Connectivity ETF 4.2 40 10 4.0 -1.3
KXI iShares Global Consumer Staples ETF 4.1 41 9 5.1 -0.2
IXJ iShares Global Healthcare ETF 4.1 42 8 6.0 +0.8
DINT Davis Select International ETF 4.0 55 -5 6.3 +1.0
IVAL Alpha Architect International Quantitative Value ETF 4.0 49 1 7.8 +2.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.9 12 38 4.7 -0.6
URA Global X Uranium ETF 3.7 69 -19 0.7 -4.5
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 3.5 25 25 5.6 +0.4
IBAT iShares Energy Storage & Materials ETF 3.5 47 3 2.1 -3.1
FYLD Cambria Foreign Shareholder Yield ETF 3.5 59 -9 10.5 +5.2
IXN iShares Global Tech ETF 3.4 41 9 3.3 -1.9
MOTG VanEck Morningstar Global Wide Moat ETF 3.3 52 -2 7.5 +2.3
SDG iShares MSCI Global Sustainable Development Goals ETF 3.3 49 1 4.8 -0.5
FPXI First Trust International Equity Opportunities ETF 3.3 70 -20 4.3 -1.0
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 3.3 68 -18 0.8 -4.5
IPKW Invesco International BuyBack Achievers ETF 3.2 55 -5 8.2 +3.0
MXI iShares Global Materials ETF 3.1 41 9 6.0 +0.8
AQLT iShares MSCI Global Quality Factor ETF 3.1 18 32 0.0 -5.3
IDOG ALPS International Sector Dividend Dogs ETF 3.0 50 0 9.6 +4.4
IMOM Alpha Architect International Quantitative Momentum ETF 3.0 49 1 4.3 -1.0
KOCG FIS Knights of Columbus Global Belief ETF 2.9 75 -25 4.3 -0.9
MOTI VanEck Morningstar International Moat ETF 2.9 58 -8 9.4 +4.1
BOTZ Global X Robotics & Artificial Intelligence ETF 2.9 69 -19 1.9 -3.4
XT iShares Exponential Technologies ETF 2.8 46 4 4.3 -0.9
WTAI WisdomTree Artificial Intelligence and Innovation Fund 2.8 45 5 2.8 -2.4
IPAV Global X Infrastructure Development ex-U.S. ETF 2.6 55 -5 5.9 +0.7
METV Roundhill Ball Metaverse ETF 2.6 59 -9 8.6 +3.3
AIVC Amplify Bloomberg AI Value Chain ETF 2.6 59 -9 5.3 +0.1
HYDR Global X Hydrogen ETF 2.6 50 0 -7.4 -12.6
VNQI Vanguard Global ex-U.S. Real Estate ETF 2.5 12 38 8.0 +2.8
HUMN Roundhill Humanoid Robotics ETF 2.4 75 -25 1.3 -3.9
CGGO Capital Group Global Growth Equity ETF 2.4 47 3 4.5 -0.8
FDTX Fidelity Disruptive Technology ETF 2.4 50 0 2.2 -3.1
FNDC Schwab Fundamental International Small Co. Index ETF 2.3 39 11 6.9 +1.7
FAN First Trust Global Wind Energy ETF 2.3 60 -10 2.9 -2.3
IOO iShares Global 100 ETF 2.2 41 9 4.1 -1.1
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 2.1 10 40 7.9 +2.7
CHAT Roundhill Generative AI & Technology ETF 2.1 75 -25 5.9 +0.6
FICS First Trust International Developed Capital Strength ETF 2.1 70 -20 6.7 +1.4
MINV Matthews Asia Innovators Active ETF 2.0 79 -29 6.7 +1.5
IFGL iShares International Developed Real Estate ETF 2.0 48 2 6.8 +1.5
ERET iShares Environmentally Aware Real Estate ETF 2.0 30 20 6.8 +1.5
ESPO VanEck Video Gaming and eSports ETF 2.0 56 -6 6.3 +1.1
GINN Goldman Sachs Innovate Equity ETF 2.0 52 -2 4.0 -1.3
NERD Roundhill Video Games ETF 2.0 50 0 7.5 +2.2
ODDS Pacer BlueStar Digital Entertainment ETF 2.0 60 -10 4.5 -0.7
MDEV First Trust Indxx Medical Devices ETF 1.9 70 -20 4.7 -0.5
DTEC ALPS Disruptive Technologies ETF 1.9 50 0 3.7 -1.5
AIQ Global X Artificial Intelligence & Technology ETF 1.9 68 -18 3.4 -1.9
OAIM OneAscent International Equity ETF 1.8 95 -45 4.9 -0.3
IQRA IQ CBRE Real Assets ETF 1.8 65 -15 5.7 +0.5
SAGP Strategas Global Policy Opportunities ETF 1.8 65 -15 4.6 -0.6
ARTY iShares Future AI & Tech ETF 1.7 47 3 3.5 -1.7
IGPT Invesco AI and Next Gen Software ETF 1.7 60 -10 3.7 -1.6
AGNG Global X Aging Population ETF 1.7 50 0 4.1 -1.2
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.7 58 -8 3.8 -1.5
HERO Global X Video Games & Esports ETF 1.7 50 0 5.6 +0.4
GGME Invesco Next Gen Media and Gaming ETF 1.7 60 -10 4.9 -0.4
TTAI FCF International Quality ETF 1.7 59 -9 6.5 +1.3
DEW WisdomTree Global High Dividend Fund 1.7 58 -8 7.4 +2.1
FID First Trust S&P International Dividend Aristocrats ETF 1.6 60 -10 7.9 +2.6
CZAR Themes Natural Monopoly ETF 1.5 35 15 5.2 -0.0
EV Mast Global Battery Recycling & Production ETF 1.5 65 -15 6.2 +1.0
ANEW ProShares MSCI Transformational Changes ETF 1.5 45 5 4.5 -0.7
JDOC JPMorgan Healthcare Leaders ETF 1.5 65 -15 3.5 -1.8
EFAS Global X MSCI SuperDividend EAFE ETF 1.5 57 -7 7.7 +2.4
WDIV SPDR S&P Global Dividend ETF 1.3 40 10 9.2 +3.9
SHPP Pacer Industrials and Logistics ETF 1.3 60 -10 7.1 +1.9
CCNR ALPS CoreCommodity Natural Resources ETF 1.3 39 11 8.2 +3.0
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.3 65 -15 7.9 +2.7
LIT Global X Lithium & Battery Tech ETF 1.3 75 -25 5.7 +0.4
GDOC Goldman Sachs Future Health Care Equity ETF 1.2 75 -25 0.9 -4.3
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.2 49 1 6.1 +0.8
JXI iShares Global Utilities ETF 1.2 43 7 4.9 -0.3
TMFG Motley Fool Global Opportunities ETF 1.2 85 -35 3.9 -1.4
MOTO SmartETFs Smart Transportation & Technology ETF 1.1 68 -18 6.1 +0.9
RCGE RockCreek Global Equality ETF 1.1 95 -45 6.2 +0.9
IDNA iShares Genomics Immunology and Healthcare ETF 1.1 47 3 -0.3 -5.5
OZEM Roundhill GLP-1 & Weight Loss ETF 1.1 59 -9 5.0 -0.2
THNR Amplify Weight Loss Drug & Treatment ETF 1.1 59 -9 5.6 +0.3
WDNA WisdomTree BioRevolution Fund 1.1 45 5 -2.4 -7.6
SCHY Schwab International Dividend Equity ETF 1.0 14 36 8.4 +3.1
ION ProShares S&P Global Core Battery Metals ETF 1.0 58 -8 5.5 +0.3
IVRS iShares Future Metaverse Tech and Communications ETF 1.0 47 3 5.1 -0.1
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.0 72 -22 2.3 -2.9
RWO SPDR Dow Jones Global Real Estate ETF 1.0 50 0 6.3 +1.1
RWX SPDR Dow Jones International Real Estate ETF 1.0 59 -9 6.7 +1.5
HAP VanEck Natural Resources ETF 0.9 50 0 6.7 +1.4
OCEN IQ Clean Oceans ETF 0.9 45 5 4.5 -0.7
SRVR Pacer Data & Infrastructure Real Estate ETF 0.9 55 -5 3.9 -1.4
ARKX ARK Space Exploration & Innovation ETF 0.9 75 -25 0.0 -5.2
DWLD Davis Select Worldwide ETF 0.9 63 -13 6.9 +1.6
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.9 56 -6 10.0 +4.8
IXC iShares Global Energy ETF 0.9 44 6 7.5 +2.2
PICK iShares MSCI Global Metals & Mining Producers ETF 0.9 39 11 8.5 +3.2
BATT Amplify Lithium & Battery Technology ETF 0.9 59 -9 2.0 -3.2
CANC Tema Oncology ETF 0.8 75 -25 -2.5 -7.7
HRTS Tema Heart & Health ETF 0.8 75 -25 2.8 -2.4
TINY ProShares Nanotechnology ETF 0.7 58 -8 1.8 -3.5
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.7 39 11 1.2 -4.0
SNSR Global X Internet of Things ETF 0.7 68 -18 4.2 -1.0
CRAK VanEck Oil Refiners ETF 0.6 61 -11 9.4 +4.2
FPAG FPA Global Equity ETF 0.6 49 1 6.1 +0.8
AKAF The Frontier Economic Fund 0.6 20 30 5.2 -0.1
SLX VanEck Steel ETF 0.6 56 -6 11.7 +6.5
HART IQ Healthy Hearts ETF 0.5 45 5 5.7 +0.4
FDNI First Trust Dow Jones International Internet ETF 0.5 65 -15 22.0 +16.7
JAPN Horizon Kinetics Japan Owner Operator ETF 0.5 85 -35 5.6 +0.4
GQRE FlexShares Global Quality Real Estate Index Fund 0.5 45 5 7.3 +2.0
BMED Future Health ETF 0.4 85 -35 1.2 -4.1
GNR SPDR S&P Global Natural Resources ETF 0.4 40 10 8.3 +3.1
FTAG First Trust Indxx Global Agriculture ETF 0.4 70 -20 7.1 +1.9
KROP Global X AgTech & Food Innovation ETF 0.4 50 0 6.6 +1.3
MOO VanEck Agribusiness ETF 0.4 53 -3 8.7 +3.4
VEGI iShares MSCI Agriculture Producers ETF 0.4 39 11 7.4 +2.1
CRTC Xtrackers US National Critical Technologies ETF 0.4 35 15 4.2 -1.0
POW VistaShares Electrification Supercycle ETF 0.3 75 -25 2.6 -2.6
BOAT SonicShares Global Shipping ETF 0.3 69 -19 21.4 +16.1
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.3 46 4 7.5 +2.2
COPX Global X Copper Miners ETF 0.3 65 -15 4.2 -1.0
GMET VanEck Green Metals ETF 0.3 63 -13 0.3 -4.9
PIO Invesco Global Water ETF 0.3 75 -25 4.2 -1.1
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.3 46 4 5.0 -0.3
OND ProShares On-Demand ETF 0.3 58 -8 0.4 -4.8
CGUS Capital Group Core Equity ETF 0.3 33 17 3.8 -1.5
IQM Franklin Intelligent Machines ETF 0.3 50 0 1.4 -3.9
BLOK Amplify Transformational Data Sharing ETF 0.2 75 -25 -0.1 -5.3
IBLC iShares Blockchain and Tech ETF 0.2 47 3 -1.4 -6.7
STCE Schwab Crypto Thematic ETF 0.2 30 20 3.2 -2.1
IBUY Amplify Online Retail ETF 0.2 65 -15 2.2 -3.0
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.2 85 -35 2.6 -2.6
BCDF Horizon Kinetics Blockchain Development ETF 0.2 85 -35 3.6 -1.6
ICLN iShares Global Clean Energy ETF 0.2 41 9 2.1 -3.2
VCLN Virtus Duff & Phelps Clean Energy ETF 0.2 59 -9 2.8 -2.5
MJSC MUFG Japan Small Cap Active ETF 0.2 85 -35 5.0 -0.3
VIDI Vident International Equity Strategy ETF 0.2 61 -11 8.8 +3.5
EBIZ Global X E-Commerce ETF 0.2 50 0 4.4 -0.8
PRNT 3D Printing ETF 0.2 66 -16 1.4 -3.9
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.1 86 -36 11.6 +6.3
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.1 60 -10 9.4 +4.1
SOCL Global X Social Media ETF 0.1 65 -15 11.7 +6.5
FMET Fidelity Metaverse ETF 0.1 39 11 4.9 -0.4
BCOR Grayscale Bitcoin Adopters ETF 0.1 59 -9 1.9 -3.4
AVRE Avantis Real Estate ETF 0.1 17 33 6.9 +1.6
REET iShares Global REIT ETF 0.1 14 36 7.1 +1.8
DFGR Dimensional Global Real Estate ETF 0.1 22 28 7.1 +1.8
VGSR Vert Global Sustainable Real Estate ETF 0.1 47 3 7.1 +1.9
FDRR Fidelity Dividend ETF for Rising Rates 0.1 15 35 6.0 +0.8
FDVV Fidelity High Dividend ETF 0.1 15 35 6.9 +1.6
ARKF ARK Fintech Innovation ETF 0.1 75 -25 0.2 -5.0
ISHP First Trust Nasdaq Retail ETF 0.1 60 -10 5.1 -0.2
TRFK Pacer Data and Digital Revolution ETF 0.1 60 -10 2.9 -2.4
EFRA iShares Environmental Infrastructure and Industrials ETF 0.1 47 3 4.8 -0.4
JETS U.S. Global Jets ETF 0.1 60 -10 2.7 -2.6
AIRL Themes Airlines ETF 0.1 35 15 1.6 -3.7
SUPL ProShares Supply Chain Logistics ETF 0.1 58 -8 7.9 +2.7
CGV Conductor Global Equity Value ETF 0.1 130 -80 7.5 +2.3
BUG Global X Cybersecurity ETF 0.1 51 -1 3.3 -2.0
CIBR First Trust NASDAQ Cybersecurity ETF 0.1 60 -10 4.6 -0.7
HACK ETFMG Prime Cyber Security ETFMG Prime Cyber Security Fund 0.1 60 -10 3.3 -1.9
IHAK iShares Cybersecurity & Tech ETF 0.1 47 3 4.3 -0.9
WCBR WisdomTree Cybersecurity Fund 0.1 45 5 2.9 -2.4
XDAT Franklin Exponential Data ETF 0.1 50 0 1.2 -4.0
SPAM Themes Cybersecurity ETF 0.1 35 15 2.7 -2.6
CLOU Global X Cloud Computing ETF 0.0 68 -18 3.0 -2.3

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 Japan 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 7.9 %
Divided by: Fwd. P/BV 1.4 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 5.3 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.58 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.