iShares MSCI Japan ETF
ALTAR
Score™		 6.9% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 14.0x P/Sales
ratio		 1.1x
P/BV
ratio		 1.2x Div.
yield		 4.1%


  • 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) $14,920
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 n/a
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 182
Wgt avg mkt cap (mns) $61,780
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 4.1 %
MITSUBISHI UFJ FINANCIAL GRO 4.0 %
SONY CORP 3.8 %
HITACHI LTD 3.2 %
NINTENDO CO LTD 2.4 %
SUMITOMO MITSUI FINANCIAL GR 2.3 %
TOKYO ELECTRON LTD 2.1 %
RECRUIT HOLDINGS CO LTD 2.0 %
KEYENCE CORP 1.9 %
TOKIO MARINE HOLDINGS INC 1.8 %
Total 27.6 %

TOP COUNTRY EXPOSURE
JAPAN 99.9 %










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.
12.6% 12.5% 8.3% 5.7% 2.2%

Market Correlations
versus... Beta R-squared
S&P500 0.76 67%
MSCI EAFE 0.74 66%
MSCI Emg. Mkts. 0.64 52%

Technical Indicators
Recent close $72.39
30d moving avg. $73.35
Annualized volatility 15.0%
Short interest (ETF) 3.2%
Relative strength (RSI) 51

Liquidity measures
Avg. volume (thou.) 4,978
Turnover 2.4%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $18,906

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 336 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™: 6.9%


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 92.3 47 3 6.9 +0.1
BBJP JPMorgan BetaBuilders Japan ETF 92.2 19 31 7.4 +0.5
FLJP Franklin FTSE Japan ETF 81.8 9 41 6.9 +0.0
FLJH Franklin FTSE Japan Hedged ETF 80.5 9 41 6.7 -0.2
JPXN iShares JPX-Nikkei 400 ETF 79.2 48 2 7.3 +0.5
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 79.0 25 25 7.6 +0.7
DXJ WisdomTree Japan Hedged Equity Fund 55.0 48 2 8.1 +1.2
EWJV iShares MSCI Japan Value ETF 54.7 15 35 9.7 +2.8
IPAC iShares Core MSCI Pacific ETF 51.3 9 41 6.9 -0.0
VPL Vanguard FTSE Pacific ETF 44.4 7 43 7.2 +0.4
INEQ Columbia International Equity Income ETF 33.6 45 5 8.4 +1.5
IVLU iShares MSCI Intl Value Factor ETF 28.8 30 20 10.8 +4.0
CEFA Global X S&P Catholic Values Developed ex-US ETF 24.7 35 15 6.8 -0.1
VIGI Vanguard International Dividend Appreciation ETF 24.2 10 40 6.3 -0.6
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 24.1 14 36 6.4 -0.5
IQSI IQ Candriam International Equity ETF 23.7 15 35 6.8 -0.1
PATN Pacer Nasdaq International Patent Leaders ETF 23.5 65 -15 6.3 -0.6
DMXF iShares ESG Advanced MSCI EAFE ETF 22.8 12 38 5.6 -1.3
HFXI IQ FTSE International Equity Currency Neutral ETF 22.0 20 30 7.2 +0.4
GSID Goldman Sachs MarketBeta International Equity ETF 21.6 20 30 7.1 +0.2
JHMD John Hancock Multifactor Developed International ETF 21.5 39 11 7.8 +0.9
EFG iShares MSCI EAFE Growth ETF 21.2 36 14 4.4 -2.5
QEFA SPDR MSCI EAFE StrategicFactors ETF 21.1 30 20 7.1 +0.3
JIRE JPMorgan International Research Enhanced Equity ETF 21.1 24 26 7.2 +0.3
EFA iShares MSCI EAFE ETF 21.1 35 15 7.0 +0.1
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 21.0 36 14 6.9 +0.0
EFV iShares MSCI EAFE Value ETF 21.0 34 16 9.5 +2.6
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 20.9 20 30 6.6 -0.3
FJP First Trust Japan AlphaDEX Fund 20.7 80 -30 9.4 +2.6
ESGD iShares ESG Aware MSCI EAFE ETF 20.4 20 30 7.0 +0.1
FENI Fidelity Enhanced International ETF 19.8 28 22 6.7 -0.1
FNDF Schwab Fundamental International Large Co. Index ETF 19.3 25 25 9.7 +2.8
BKIE BNY Mellon International Equity ETF 19.2 4 46 7.2 +0.3
DIVI Franklin International Core Dividend Tilt Index ETF 18.9 9 41 8.2 +1.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 18.3 45 5 9.0 +2.1
IEFA iShares Core MSCI EAFE ETF 17.9 7 43 7.2 +0.4
NUDM Nuveen ESG International Developed Markets Equity ETF 17.9 31 19 6.4 -0.5
EFAV iShares MSCI EAFE Min Vol Factor ETF 17.4 22 28 5.8 -1.1
GSIE Goldman Sachs ActiveBeta International Equity ETF 17.2 25 25 7.2 +0.4
SCHF Schwab International Equity ETF 17.0 6 44 7.4 +0.6
IGRO iShares International Dividend Growth ETF 17.0 15 35 7.3 +0.4
SPDW SPDR Portfolio Developed World ex-US ETF 16.9 3 47 7.2 +0.4
STXI Strive International Developed Markets ETF 16.7 29 21 7.0 +0.2
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 16.6 12 38 6.2 -0.7
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 16.4 20 30 6.7 -0.2
DIHP Dimensional International High Profitability ETF 16.4 29 21 7.3 +0.4
RFDI First Trust Riverfront Dynamic Developed International ETF 16.4 83 -33 9.8 +3.0
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 16.1 39 11 6.8 -0.0
IDEV iShares Core MSCI International Developed Markets ETF 16.0 4 46 7.2 +0.4
TPIF Timothy Plan International ETF 15.5 62 -12 6.3 -0.6
VEA Vanguard FTSE Developed Markets ETF 15.5 3 47 7.4 +0.5
INTF iShares International Equity Factor ETF 15.2 15 35 7.9 +1.1
CIL VictoryShares International Volatility Wtd ETF 15.1 45 5 6.7 -0.2
DFIV Dimensional International Value ETF 15.1 27 23 10.2 +3.3
QINT American Century Quality Diversified International ETF 15.1 39 11 7.5 +0.6
DFAI Dimensional International Core Equity Market ETF 15.0 18 32 7.3 +0.5
IDHQ Invesco S&P International Developed High Quality ETF 14.9 29 21 6.7 -0.1
FIVA Fidelity International Value Factor ETF 14.9 18 32 10.3 +3.4
DOL WisdomTree International LargeCap Dividend Fund 14.7 48 2 7.5 +0.6
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 14.2 65 -15 3.6 -3.2
PPIE Putnam PanAgora ESG International Equity ETF 14.1 49 1 7.5 +0.7
JPIN J.P. Morgan Diversified Return International Equity ETF 14.0 37 13 8.6 +1.8
VWID Virtus WMC International Dividend ETF 14.0 49 1 8.9 +2.1
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 13.9 24 26 7.6 +0.8
IMFL Invesco International Developed Dynamic Multifactor ETF 13.6 34 16 6.0 -0.9
GXUS Goldman Sachs MarketBeta Total International Equity ETF 13.5 18 32 7.9 +1.0
IMTM iShares MSCI Intl Momentum Factor ETF 13.3 30 20 5.4 -1.4
ACWX iShares MSCI ACWI ex U.S. ETF 13.2 34 16 7.9 +1.0
CGIE Capital Group International Equity ETF 13.2 54 -4 5.0 -1.9
CWI SPDR MSCI ACWI ex-US ETF 13.1 30 20 7.8 +0.9
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 13.0 41 9 7.7 +0.8
DWM WisdomTree International Equity Fund 12.7 48 2 7.6 +0.7
VEU Vanguard FTSE All-World ex-US Index Fund 12.6 4 46 8.2 +1.3
JHID John Hancock International High Dividend ETF 12.6 46 4 9.9 +3.1
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 12.6 40 10 7.6 +0.8
IQLT iShares MSCI Intl Quality Factor ETF 12.5 30 20 6.3 -0.6
IQDG WisdomTree International Quality Dividend Growth Fund 12.4 42 8 7.1 +0.3
FDT First Trust Developed Markets ex-US AlphaDEX Fund 12.4 80 -30 10.0 +3.1
DTAN Sparkline International Intangible Value ETF 12.4 55 -5 8.3 +1.4
UMMA Wahed Dow Jones Islamic World ETF 12.4 65 -15 5.1 -1.8
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 12.2 58 -8 7.0 +0.2
EXI iShares Global Industrials ETF 12.2 42 8 4.5 -2.4
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 12.2 39 11 8.2 +1.4
JIG JPMorgan International Growth ETF 12.1 55 -5 4.7 -2.2
RXI iShares Global Consumer Discretionary ETF 12.0 41 9 9.2 +2.3
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 12.0 32 18 6.0 -0.9
VSGX Vanguard ESG International Stock ETF 12.0 10 40 7.9 +1.1
VYMI Vanguard International High Dividend Yield ETF 11.6 17 33 9.9 +3.0
VXUS Vanguard Total International Stock ETF 11.5 5 45 8.0 +1.2
FDEV Fidelity International Multifactor ETF 11.3 18 32 7.5 +0.7
DFSI Dimensional International Sustainability Core 1 ETF 11.3 24 26 6.5 -0.4
IXUS iShares Core MSCI Total International Stock ETF 11.2 7 43 8.0 +1.2
IQDF FlexShares International Quality Dividend Index Fund 11.1 47 3 9.3 +2.4
RODM Hartford Multifactor Developed Markets (ex-US) ETF 11.0 29 21 8.0 +1.1
IQDY FlexShares International Quality Dividend Dynamic Index Fund 10.9 47 3 8.5 +1.6
AVDE Avantis International Equity ETF 10.8 23 27 7.6 +0.8
AVIV Avantis International Large Cap Value ETF 10.7 25 25 9.0 +2.2
DFIC Dimensional International Core Equity 2 ETF 10.6 23 27 7.6 +0.8
AVSD Avantis Responsible International Equity ETF 10.3 23 27 5.7 -1.2
EFAD ProShares MSCI EAFE Dividend Growers ETF 10.0 50 0 5.9 -1.0
CLNR IQ Cleaner Transport ETF 9.9 45 5 6.6 -0.3
DIM WisdomTree International MidCap Dividend Fund 9.8 58 -8 7.6 +0.8
UIVM VictoryShares International Value Momentum ETF 9.7 35 15 9.0 +2.2
ACWV iShares MSCI Global Min Vol Factor ETF 9.6 20 30 6.0 -0.9
ICOW Pacer Developed Markets International Cash Cows 100 ETF 9.6 65 -15 11.8 +4.9
LVHI Franklin International Low Volatility High Dividend Index ET 9.4 40 10 10.9 +4.0
DGT SPDR Global Dow ETF 9.4 50 0 7.3 +0.4
FIDI Fidelity International High Dividend ETF 9.0 18 32 9.0 +2.1
RODE Hartford Multifactor Diversified International ETF 9.0 29 21 12.7 +5.8
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 8.8 42 8 6.8 -0.1
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 8.7 80 -30 5.6 -1.3
KNO AXS Knowledge Leaders ETF 8.4 78 -28 6.0 -0.8
BULD Pacer BlueStar Engineering the Future ETF 8.3 60 -10 1.4 -5.5
DXIV Dimensional International Vector Equity ETF 8.3 34 16 8.0 +1.2
DSTX Distillate International Fundamental Stability & Value ETF 8.2 55 -5 8.3 +1.4
GCOW Pacer Global Cash Cows Dividend ETF 8.1 60 -10 11.1 +4.2
OSEA Harbor International Compounders ETF 8.1 55 -5 4.7 -2.2
IDMO Invesco S&P International Developed Momentum ETF 8.0 25 25 5.4 -1.5
WLDR Affinity World Leaders Equity ETF 7.8 67 -17 7.7 +0.9
QWLD SPDR MSCI World StrategicFactors ETF 7.7 30 20 6.1 -0.7
RGEF Rockefeller Global Equity ETF 7.5 55 -5 4.9 -2.0
DFAX Dimensional World ex U.S. Core Equity 2 ETF 7.3 30 20 8.1 +1.2
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 7.3 75 -25 4.7 -2.2
NXTG First Trust Indxx NextG ETF 7.2 70 -20 5.3 -1.6
IXP iShares Global Comm Services ETF 7.2 42 8 5.7 -1.2
CGXU Capital Group International Focus Equity ETF 7.1 54 -4 5.7 -1.1
WRND IQ Global Equity R&D Leaders ETF 7.0 18 32 8.4 +1.5
WWJD Inspire International ETF 7.0 80 -30 7.3 +0.4
ESGG FlexShares STOXX Global ESG Select Index Fund 6.9 42 8 5.5 -1.4
IBOT Vaneck Robotics ETF 6.8 47 3 4.0 -2.8
BNGE First Trust S-Network Streaming and Gaming ETF 6.7 70 -20 2.7 -4.2
IVAL Alpha Architect International Quantitative Value ETF 6.7 49 1 10.8 +4.0
QTUM Defiance Quantum ETF 6.6 40 10 5.3 -1.6
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 6.1 47 3 5.9 -1.0
CARZ First Trust NASDAQ Global Auto Index Fund 6.0 70 -20 5.0 -1.8
FBOT Fidelity Disruptive Automation ETF 5.9 50 0 3.6 -3.3
AIVI WisdomTree International AI Enhanced Value Fund 5.9 58 -8 7.5 +0.6
BKCI BNY Mellon Concentrated International ETF 5.7 80 -30 5.0 -1.8
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 5.7 9 41 9.3 +2.4
AGQI First Trust Active Global Quality Income ETF 5.7 85 -35 5.3 -1.6
DWX SPDR S&P International Dividend ETF 5.6 45 5 6.3 -0.6
ARVR First Trust Indxx Metaverse ETF 5.4 70 -20 4.0 -2.9
URTH iShares MSCI World ETF 5.2 24 26 5.2 -1.6
TEMP JPMorgan Climate Change Solutions ETF 5.0 49 1 5.7 -1.2
KXI iShares Global Consumer Staples ETF 5.0 41 9 5.6 -1.3
BINV Brandes International ETF 4.9 70 -20 9.7 +2.9
DRIV Global X Autonomous & Electric Vehicles ETF 4.9 68 -18 5.2 -1.6
IDOG ALPS International Sector Dividend Dogs ETF 4.9 50 0 12.4 +5.5
DTH WisdomTree International High Dividend Fund 4.8 58 -8 8.9 +2.1
CGDG Capital Group Dividend Growers ETF 4.8 47 3 6.2 -0.7
DWMF WisdomTree International Multifactor Fund 4.8 38 12 7.0 +0.2
WBAT WisdomTree Battery Value Chain and Innovation Fund 4.8 45 5 4.5 -2.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 4.8 20 30 5.8 -1.1
IXG iShares Global Financials ETF 4.7 42 8 6.8 -0.1
KLMT Invesco MSCI Global Climate 500 ETF 4.7 10 40 5.9 -1.0
ACWI iShares MSCI ACWI ETF 4.7 32 18 5.7 -1.2
GLOF iShares Global Equity Factor ETF 4.6 20 30 6.7 -0.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 4.5 9 41 5.9 -1.0
ROBO ROBO Global Robotics & Automation Index ETF 4.5 95 -45 3.5 -3.4
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 4.5 65 -15 2.2 -4.7
FEOE First Eagle Overseas Equity ETF 4.4 79 -29 8.3 +1.4
VT Vanguard Total World Stock ETF 4.2 6 44 6.0 -0.9
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 4.2 25 25 6.0 -0.9
FEGE First Eagle Global Equity ETF 4.2 79 -29 7.1 +0.2
GINN Goldman Sachs Innovate Equity ETF 4.1 52 -2 3.6 -3.2
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 4.0 80 -30 4.8 -2.0
IXJ iShares Global Healthcare ETF 4.0 42 8 7.4 +0.5
BLES Inspire Global Hope ETF 4.0 61 -11 6.8 -0.1
GLBL Pacer MSCI World Industry Advantage ETF 3.8 65 -15 4.2 -2.7
SDG iShares MSCI Global Sustainable Development Goals ETF 3.7 49 1 6.2 -0.7
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.6 12 38 5.2 -1.7
DINT Davis Select International ETF 3.6 55 -5 8.0 +1.2
ESPO VanEck Video Gaming and eSports ETF 3.6 56 -6 4.1 -2.7
NERD Roundhill Video Games ETF 3.6 50 0 3.2 -3.7
ODDS Pacer BlueStar Digital Entertainment ETF 3.6 60 -10 2.0 -4.9
IBAT iShares Energy Storage & Materials ETF 3.6 47 3 5.2 -1.7
JSTC Adasina Social Justice All Cap Global ETF 3.6 89 -39 4.8 -2.1
KNCT Invesco Next Gen Connectivity ETF 3.6 40 10 5.0 -1.9
MOTG VanEck Morningstar Global Wide Moat ETF 3.5 52 -2 6.7 -0.2
MXI iShares Global Materials ETF 3.5 41 9 8.0 +1.1
IVRS iShares Future Metaverse Tech and Communications ETF 3.4 47 3 2.5 -4.3
URA Global X Uranium ETF 3.3 69 -19 1.7 -5.2
BOTZ Global X Robotics & Artificial Intelligence ETF 3.3 69 -19 2.3 -4.6
GTEK Goldman Sachs Future Tech Leaders Equity ETF 3.3 75 -25 3.1 -3.8
HERO Global X Video Games & Esports ETF 3.2 50 0 3.9 -3.0
GGME Invesco Next Gen Media and Gaming ETF 3.2 60 -10 4.2 -2.7
BOTT Themes Robotics & Automation ETF 3.1 35 15 4.6 -2.3
ANEW ProShares MSCI Transformational Changes ETF 3.1 45 5 6.1 -0.8
OAIM OneAscent International Equity ETF 3.1 95 -45 5.7 -1.2
MOTI VanEck Morningstar International Moat ETF 3.1 58 -8 11.1 +4.2
IDLV Invesco S&P International Developed Low Volatility ETF 3.1 25 25 6.5 -0.3
FNDC Schwab Fundamental International Small Co. Index ETF 2.9 39 11 5.9 -1.0
IXN iShares Global Tech ETF 2.9 41 9 3.8 -3.1
KOCG FIS Knights of Columbus Global Belief ETF 2.9 75 -25 5.1 -1.8
IPAV Global X Infrastructure Development ex-U.S. ETF 2.9 55 -5 7.6 +0.7
METV Roundhill Ball Metaverse ETF 2.6 59 -9 5.1 -1.7
CGGO Capital Group Global Growth Equity ETF 2.6 47 3 4.7 -2.2
FYLD Cambria Foreign Shareholder Yield ETF 2.6 59 -9 11.9 +5.1
FPXI First Trust International Equity Opportunities ETF 2.6 70 -20 3.4 -3.5
FDTX Fidelity Disruptive Technology ETF 2.6 50 0 2.6 -4.3
JGLO JPMorgan Global Select Equity ETF 2.5 33 17 4.9 -2.0
XT iShares Exponential Technologies ETF 2.5 46 4 4.8 -2.1
TMFG Motley Fool Global Opportunities ETF 2.4 85 -35 4.0 -2.9
RAYD Rayliant Quantitative Developed Market Equity ETF 2.4 80 -30 4.4 -2.5
IPKW Invesco International BuyBack Achievers ETF 2.4 55 -5 13.5 +6.6
VNQI Vanguard Global ex-U.S. Real Estate ETF 2.3 12 38 8.0 +1.2
IGPT Invesco AI and Next Gen Software ETF 2.3 60 -10 4.1 -2.8
FPAG FPA Global Equity ETF 2.3 49 1 5.8 -1.1
GSFP Goldman Sachs Future Planet Equity ETF 2.3 75 -25 4.7 -2.2
MDEV First Trust Indxx Medical Devices ETF 2.2 70 -20 4.5 -2.4
IMOM Alpha Architect International Quantitative Momentum ETF 2.2 49 1 3.3 -3.6
WAR U.S. Global Tech and Aerospace & Defense ETF 2.1 60 -10 3.5 -3.4
IOO iShares Global 100 ETF 2.1 41 9 4.9 -2.0
FAN First Trust Global Wind Energy ETF 2.1 60 -10 4.5 -2.4
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.9 10 40 8.3 +1.4
DTEC ALPS Disruptive Technologies ETF 1.8 50 0 3.8 -3.1
AGNG Global X Aging Population ETF 1.8 50 0 4.9 -2.0
TTAI FCF International Quality ETF 1.8 59 -9 7.0 +0.1
EFAS Global X MSCI SuperDividend EAFE ETF 1.8 57 -7 8.5 +1.7
AIQ Global X Artificial Intelligence & Technology ETF 1.8 68 -18 3.7 -3.1
CANC Tema Oncology ETF 1.8 75 -25 -2.6 -9.5
CZAR Themes Natural Monopoly ETF 1.7 35 15 5.5 -1.4
CHAT Roundhill Generative AI & Technology ETF 1.7 75 -25 7.7 +0.9
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.7 65 -15 7.4 +0.5
IFGL iShares International Developed Real Estate ETF 1.7 48 2 7.2 +0.4
ERET iShares Environmentally Aware Real Estate ETF 1.7 30 20 7.6 +0.7
SHPP Pacer Industrials and Logistics ETF 1.6 60 -10 8.5 +1.6
ARTY iShares Future AI & Tech ETF 1.5 47 3 3.2 -3.7
IVES Wedbush ETFMG Global Cloud Technology ETF 1.5 68 -18 15.3 +8.4
AIVC Amplify Bloomberg AI Value Chain ETF 1.5 59 -9 5.9 -1.0
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.4 58 -8 4.6 -2.3
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.4 49 1 7.0 +0.1
HYDR Global X Hydrogen ETF 1.4 50 0 -5.0 -11.9
FID First Trust S&P International Dividend Aristocrats ETF 1.3 60 -10 8.1 +1.2
IDNA iShares Genomics Immunology and Healthcare ETF 1.3 47 3 -2.2 -9.1
CCNR ALPS CoreCommodity Natural Resources ETF 1.3 39 11 11.6 +4.7
OCEN IQ Clean Oceans ETF 1.2 45 5 6.3 -0.6
MOTO SmartETFs Smart Transportation & Technology ETF 1.2 68 -18 7.1 +0.3
GDOC Goldman Sachs Future Health Care Equity ETF 1.2 75 -25 2.9 -4.0
WDNA WisdomTree BioRevolution Fund 1.2 45 5 -1.3 -8.1
DEW WisdomTree Global High Dividend Fund 1.1 58 -8 8.7 +1.8
LIT Global X Lithium & Battery Tech ETF 1.1 75 -25 5.1 -1.8
SCHY Schwab International Dividend Equity ETF 1.1 14 36 9.7 +2.8
OZEM Roundhill GLP-1 & Weight Loss ETF 1.1 59 -9 -0.6 -7.5
THNR Amplify Weight Loss Drug & Treatment ETF 1.1 59 -9 5.9 -1.0
EV Mast Global Battery Recycling & Production ETF 1.1 65 -15 10.6 +3.8
WDIV SPDR S&P Global Dividend ETF 1.1 40 10 9.6 +2.7
ION ProShares S&P Global Core Battery Metals ETF 1.0 58 -8 11.0 +4.1
JXI iShares Global Utilities ETF 1.0 43 7 6.0 -0.9
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.0 72 -22 -0.8 -7.7
HAP VanEck Natural Resources ETF 0.9 50 0 9.7 +2.9
RCGE RockCreek Global Equality ETF 0.9 95 -45 6.4 -0.5
RWO SPDR Dow Jones Global Real Estate ETF 0.9 50 0 7.2 +0.3
RWX SPDR Dow Jones International Real Estate ETF 0.9 59 -9 7.2 +0.3
IQRA IQ CBRE Real Assets ETF 0.8 65 -15 5.8 -1.1
PICK iShares MSCI Global Metals & Mining Producers ETF 0.8 39 11 13.6 +6.7
JAPN Horizon Kinetics Japan Owner Operator ETF 0.8 85 -35 4.5 -2.4
FILL iShares MSCI Global Energy Producers ETF 0.8 39 11 12.0 +5.2
HRTS Tema GLP-1 Obesity & Cardiometabolic ETF 0.8 75 -25 1.2 -5.7
ARKX ARK Space Exploration & Innovation ETF 0.8 75 -25 -0.3 -7.2
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.7 56 -6 11.0 +4.1
IQM Franklin Intelligent Machines ETF 0.7 50 0 2.1 -4.8
BATT Amplify Lithium & Battery Technology ETF 0.7 59 -9 3.5 -3.3
HART IQ Healthy Hearts ETF 0.7 45 5 6.8 -0.1
IXC iShares Global Energy ETF 0.7 44 6 10.5 +3.6
GNR SPDR S&P Global Natural Resources ETF 0.6 40 10 11.6 +4.7
FDNI First Trust Dow Jones International Internet ETF 0.6 65 -15 18.0 +11.1
IDAT iShares Future Cloud 5G and Tech ETF 0.6 47 3 4.7 -2.2
WTAI WisdomTree Artificial Intelligence and Innovation Fund 0.6 45 5 2.8 -4.1
SAGP Strategas Global Policy Opportunities ETF 0.6 65 -15 5.2 -1.7
CGDV Capital Group Dividend Value ETF 0.6 33 17 4.5 -2.4
GQRE FlexShares Global Quality Real Estate Index Fund 0.6 45 5 7.9 +1.1
HTEC ROBO Global Healthcare Technology and Innovation ETF 0.6 68 -18 2.3 -4.6
SNSR Global X Internet of Things ETF 0.6 68 -18 4.4 -2.4
FDCF Fidelity Disruptive Communications ETF 0.6 50 0 2.9 -4.0
CRAK VanEck Oil Refiners ETF 0.5 61 -11 14.3 +7.4
CRTC Xtrackers US National Critical Technologies ETF 0.5 35 15 4.8 -2.1
OND ProShares On-Demand ETF 0.4 58 -8 0.7 -6.2
BOAT SonicShares Global Shipping ETF 0.4 69 -19 31.0 +24.1
MNTL Tema Neuroscience and Mental Health ETF 0.4 75 -25 -0.9 -7.8
TINT ProShares Smart Materials ETF 0.4 58 -8 7.3 +0.5
IBUY Amplify Online Retail ETF 0.3 65 -15 1.2 -5.6
TRFK Pacer Data and Digital Revolution ETF 0.3 60 -10 3.0 -3.9
FICS First Trust International Developed Capital Strength ETF 0.3 70 -20 6.3 -0.6
BMED Future Health ETF 0.3 85 -35 0.5 -6.4
OGIG ALPS O'Shares Global Internet Giants ETF 0.3 48 2 1.6 -5.3
FTAG First Trust Indxx Global Agriculture ETF 0.3 70 -20 8.4 +1.5
KROP Global X AgTech & Food Innovation ETF 0.3 50 0 6.6 -0.3
MOO VanEck Agribusiness ETF 0.3 53 -3 10.6 +3.7
VEGI iShares MSCI Agriculture Producers ETF 0.3 39 11 8.7 +1.9
IVEG iShares Emergent Food and AgTech Multisector ETF 0.3 47 3 9.1 +2.2
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.3 46 4 5.7 -1.2
BLOK Amplify Transformational Data Sharing ETF 0.3 75 -25 -0.1 -6.9
STCE Schwab Crypto Thematic ETF 0.3 30 20 0.9 -6.0
ARKF ARK Fintech Innovation ETF 0.3 75 -25 -0.5 -7.3
ISHP First Trust Nasdaq Retail ETF 0.3 60 -10 5.2 -1.7
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.3 85 -35 4.1 -2.8
BCDF Horizon Kinetics Blockchain Development ETF 0.3 85 -35 3.9 -3.0
EBIZ Global X E-Commerce ETF 0.2 50 0 4.0 -2.9
BUG Global X Cybersecurity ETF 0.2 51 -1 2.2 -4.7
CIBR First Trust NASDAQ Cybersecurity ETF 0.2 60 -10 3.8 -3.0
HACK ETFMG Prime Cyber Security ETFMG Prime Cyber Security Fund 0.2 60 -10 2.7 -4.1
IHAK iShares Cybersecurity & Tech ETF 0.2 47 3 3.6 -3.3
WCBR WisdomTree Cybersecurity Fund 0.2 45 5 1.7 -5.1
XDAT Franklin Exponential Data ETF 0.2 50 0 2.1 -4.8
SPAM Themes Cybersecurity ETF 0.2 35 15 2.0 -4.9
ICLN iShares Global Clean Energy ETF 0.2 41 9 5.8 -1.0
VCLN Virtus Duff & Phelps Clean Energy ETF 0.2 59 -9 5.4 -1.5
IBLC iShares Blockchain and Tech ETF 0.2 47 3 -3.4 -10.2
LUX Tema Luxury ETF 0.2 75 -25 4.4 -2.5
AVRE Avantis Real Estate ETF 0.2 17 33 7.2 +0.3
REET iShares Global REIT ETF 0.2 14 36 7.7 +0.8
DFGR Dimensional Global Real Estate ETF 0.2 22 28 7.5 +0.7
VGSR Vert Global Sustainable Real Estate ETF 0.2 47 3 7.4 +0.5
FDRR Fidelity Dividend ETF for Rising Rates 0.2 15 35 7.2 +0.3
FDVV Fidelity High Dividend ETF 0.2 15 35 7.8 +0.9
TINY ProShares Nanotechnology ETF 0.2 58 -8 4.2 -2.7
AZTD Aztlan Global Stock Selection DM SMID ETF 0.2 75 -25 7.7 +0.9
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.2 86 -36 13.2 +6.4
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.2 60 -10 10.1 +3.3
SOCL Global X Social Media ETF 0.2 65 -15 7.8 +1.0
FMET Fidelity Metaverse ETF 0.2 39 11 4.7 -2.2
BCOR Grayscale Bitcoin Adopters ETF 0.2 59 -9 2.3 -4.6
VIDI Vident International Equity Strategy ETF 0.2 61 -11 11.3 +4.5
JETS U.S. Global Jets ETF 0.2 60 -10 2.6 -4.3
AIRL Themes Airlines ETF 0.2 35 15 1.7 -5.1
COPX Global X Copper Miners ETF 0.2 65 -15 8.4 +1.6
DMAT Global X Disruptive Materials ETF 0.2 59 -9 9.0 +2.2
GMET VanEck Green Metals ETF 0.2 63 -13 9.4 +2.5
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.2 85 -35 9.9 +3.0
EFRA iShares Environmental Infrastructure and Industrials ETF 0.1 47 3 5.3 -1.6
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.1 68 -18 2.3 -4.6
SUPL ProShares Supply Chain Logistics ETF 0.1 58 -8 11.5 +4.6
BUYZ Franklin Disruptive Commerce ETF 0.1 50 0 2.3 -4.6
CLOU Global X Cloud Computing ETF 0.1 68 -18 2.2 -4.7
PRNT 3D Printing ETF 0.1 66 -16 1.3 -5.6

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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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:

NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 8.7 %
Divided by: Fwd. P/BV 1.2 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 6.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.58 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.