iShares MSCI Japan Value ETF
ALTAR
Score™		 6.3% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 16.5x P/Sales
ratio		 1.1x
P/BV
ratio		 1.3x Div.
yield		 3.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares MSCI Japan Value ETF seeks to track the investment results of an index composed of large- and mid-capitalization Japanese equities with value characteristics and relatively lower valuations.

FUND BASICS
Category International Equities
Fund Sponsor BlackRock
Website www.ishares.com
Inception date Mar 05, 2019
Assets (mns) $800
Currency USD
Expense ratio 15 bp
Distributions Semi-annual

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Market Cap
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 107
Wgt avg mkt cap (mns) $76,538
Large cap (>$10bn) 78.6%
Mid cap ($2-10bn) 21.0%
Small cap (<$2bn) 0.3%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
MITSUBISHI UFJ FINANCIAL GRO 9.1 %
TOYOTA MOTOR CORP 6.6 %
SUMITOMO MITSUI FINANCIAL GR 5.8 %
MIZUHO FINANCIAL GROUP INC 4.5 %
MITSUBISHI CORP 3.4 %
SOFTBANK GROUP CORP. 3.0 %
MITSUI & CO LTD 2.6 %
PANASONIC CORP 2.2 %
KDDI CORPORATION 2.0 %
MURATA MANUFACTURING CO LTD 1.7 %
Total 40.9 %

TOP COUNTRY EXPOSURE
JAPAN 96.6 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
21.4% 31.7% 15.5% -- 13.1%

Market Correlations
versus... Beta R-squared
S&P500 0.89 36%
MSCI EAFE 1.00 67%
MSCI Emg. Mkts. 0.49 41%

Technical Indicators
Recent close $49.36
30d moving avg. $46.42
Annualized volatility 12.4%
Short interest (ETF) 0.2%
Relative strength (RSI) 60

Liquidity measures
Avg. volume (thou.) 133
Turnover 0.8%
Bid/Ask (% of price) 0.24%
ADV underlying (mns) $10,114

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 291 potential alternatives to the iShares MSCI Japan Value ETF ETF based on the alternatives' overlap in portfolio holdings with EWJV. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EWJV Expense: 15 bp ALTAR Score™: 6.3%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EWJV
Ticker Fund
Name		 Overlap1
vs EWJV
(%)		 Expense
ratio
(bp)		 Savings
vs EWJV
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EWJV
(%)
EWJ iShares MSCI Japan ETF 55.5 50 -35 4.5 -1.8
BBJP JPMorgan BetaBuilders Japan ETF 55.1 19 -4 5.0 -1.4
DBJP Xtrackers MSCI Japan Hedged Equity ETF 51.7 47 -32 4.4 -1.9
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 51.3 25 -10 5.1 -1.3
DXJ WisdomTree Japan Hedged Equity Fund 50.1 48 -33 5.0 -1.3
FLJP Franklin FTSE Japan ETF 46.8 9 6 5.0 -1.3
JPXN iShares JPX-Nikkei 400 ETF 46.6 48 -33 5.1 -1.3
FLJH Franklin FTSE Japan Hedged ETF 45.9 9 6 4.9 -1.5
IPAC iShares Core MSCI Pacific ETF 31.8 9 6 5.2 -1.1
VPL Vanguard FTSE Pacific ETF 25.1 7 8 4.9 -1.4
IVLU iShares MSCI Intl Value Factor ETF 24.9 30 -15 7.8 +1.5
FJP First Trust Japan AlphaDEX Fund 24.7 80 -65 7.2 +0.9
EFV iShares MSCI EAFE Value ETF 23.5 34 -19 7.3 +1.0
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 22.7 58 -43 5.6 -0.7
DMXF iShares ESG Advanced MSCI EAFE ETF 17.9 12 3 4.8 -1.6
VIGI Vanguard International Dividend Appreciation ETF 17.7 10 5 6.0 -0.4
EFAV iShares MSCI EAFE Min Vol Factor ETF 17.3 22 -7 5.6 -0.8
UIVM VictoryShares International Value Momentum ETF 17.1 35 -20 7.8 +1.4
CEFA Global X S&P Catholic Values Developed ex-US ETF 16.5 35 -20 5.5 -0.8
PATN Pacer Nasdaq International Patent Leaders ETF 15.7 65 -50 3.9 -2.4
FIVA Fidelity International Value Factor ETF 15.7 18 -3 7.1 +0.8
IMTM iShares MSCI Intl Momentum Factor ETF 15.4 30 -15 4.6 -1.7
JHMD John Hancock Multifactor Developed International ETF 15.3 39 -24 6.1 -0.2
DFIV Dimensional International Value ETF 15.0 27 -12 7.6 +1.2
IGRO iShares International Dividend Growth ETF 14.9 15 0 6.6 +0.3
INEQ Columbia International Equity Income ETF 14.5 45 -30 7.6 +1.3
NUDM Nuveen ESG International Developed Markets Equity ETF 14.4 31 -16 5.4 -1.0
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 14.3 14 1 5.3 -1.0
QEFA SPDR MSCI EAFE StrategicFactors ETF 14.2 30 -15 6.0 -0.4
FNDF Schwab Fundamental International Large Co. Index ETF 14.1 25 -10 7.1 +0.8
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 14.0 45 -30 6.6 +0.2
HEFA iShares Currency Hedged MSCI EAFE ETF 13.8 35 -20 5.6 -0.7
DWMF WisdomTree International Multifactor Fund 13.7 38 -23 6.8 +0.5
EFA iShares MSCI EAFE ETF 13.7 35 -20 5.6 -0.7
GSID Goldman Sachs MarketBeta International Equity ETF 13.6 20 -5 5.7 -0.6
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 13.5 32 -17 5.3 -1.0
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 13.3 20 -5 5.5 -0.8
FDT First Trust Developed Markets ex-US AlphaDEX Fund 13.0 80 -65 6.6 +0.2
ESGD iShares ESG Aware MSCI EAFE ETF 12.9 20 -5 5.6 -0.7
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 12.8 36 -21 5.1 -1.2
HFXI IQ FTSE International Equity Currency Neutral ETF 12.7 20 -5 5.5 -0.8
FIDI Fidelity International High Dividend ETF 12.6 18 -3 7.1 +0.8
IQSI IQ Candriam International Equity ETF 12.6 15 0 5.5 -0.8
RAYJ Rayliant SMDAM Japan Equity ETF 12.4 72 -57 3.2 -3.2
IVSI Applied Finance IVS International Large ETF 12.4 65 -50 5.8 -0.5
TPIF Timothy Plan International ETF 12.3 62 -47 5.5 -0.8
BKIE BNY Mellon International Equity ETF 12.1 4 11 17.6 +11.3
FENI Fidelity Enhanced International ETF 12.1 28 -13 5.7 -0.6
GSIE Goldman Sachs ActiveBeta International Equity ETF 11.9 25 -10 6.0 -0.3
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 11.9 20 -5 5.6 -0.8
JIRE JPMorgan International Research Enhanced Equity ETF 11.8 24 -9 5.7 -0.7
IEFA iShares Core MSCI EAFE ETF 11.7 7 8 5.9 -0.4
DOL WisdomTree International LargeCap Dividend Fund 11.2 48 -33 5.4 -0.9
DIVI Franklin International Core Dividend Tilt Index ETF 11.2 9 6 6.5 +0.2
AIVI WisdomTree International AI Enhanced Value Fund 10.8 58 -43 6.0 -0.3
STXI Strive International Developed Markets ETF 10.7 29 -14 6.4 +0.0
LVHI Franklin International Low Volatility High Dividend Index ET 10.6 40 -25 7.4 +1.0
SPDW SPDR Portfolio Developed World ex-US ETF 10.5 3 12 5.7 -0.6
GCOW Pacer Global Cash Cows Dividend ETF 10.5 60 -45 9.3 +3.0
SCHF Schwab International Equity ETF 10.5 6 9 5.8 -0.6
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 10.5 58 -43 5.3 -1.0
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 10.4 24 -9 6.8 +0.5
JPIN J.P. Morgan Diversified Return International Equity ETF 10.3 37 -22 7.0 +0.6
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 10.3 12 3 5.3 -1.1
IQDG WisdomTree International Quality Dividend Growth Fund 10.3 42 -27 5.7 -0.6
IDEV iShares Core MSCI International Developed Markets ETF 10.3 4 11 5.9 -0.4
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 10.2 80 -65 5.4 -0.9
VYMI Vanguard International High Dividend Yield ETF 10.0 17 -2 7.7 +1.4
DTAN Sparkline International Intangible Value ETF 9.8 55 -40 7.0 +0.7
VEA Vanguard FTSE Developed Markets ETF 9.7 3 12 5.8 -0.5
DFAI Dimensional International Core Equity Market ETF 9.5 18 -3 5.9 -0.4
AVIV Avantis International Large Cap Value ETF 9.4 25 -10 6.7 +0.4
JIVE JPMorgan International Value ETF 9.4 55 -40 7.8 +1.5
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 9.3 39 -24 6.1 -0.2
INTF iShares International Equity Factor ETF 9.3 15 0 6.3 +0.0
ICOW Pacer Developed Markets International Cash Cows 100 ETF 9.1 65 -50 8.0 +1.7
CGXU Capital Group International Focus Equity ETF 9.1 54 -39 3.6 -2.7
DWM WisdomTree International Equity Fund 9.0 48 -33 5.5 -0.8
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 8.9 40 -25 5.6 -0.7
CWI SPDR MSCI ACWI ex-US ETF 8.6 30 -15 6.3 -0.1
DIM WisdomTree International MidCap Dividend Fund 8.5 58 -43 6.2 -0.1
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 8.4 39 -24 6.8 +0.5
FRGN Horizon International Equity ETF 8.4 75 -60 7.6 +1.3
FDEV Fidelity International Multifactor ETF 8.4 18 -3 7.1 +0.8
IDMO Invesco S&P International Developed Momentum ETF 8.2 25 -10 5.0 -1.3
ACWX iShares MSCI ACWI ex U.S. ETF 8.1 34 -19 6.2 -0.1
GXUS Goldman Sachs MarketBeta Total International Equity ETF 7.9 18 -3 6.2 -0.2
EFAD ProShares MSCI EAFE Dividend Growers ETF 7.9 50 -35 5.6 -0.7
RXI iShares Global Consumer Discretionary ETF 7.7 41 -26 8.8 +2.5
VEU Vanguard FTSE All-World ex-US Index Fund 7.7 4 11 6.5 +0.2
JHID John Hancock International High Dividend ETF 7.7 46 -31 7.8 +1.4
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 7.6 9 6 7.7 +1.3
RODM Hartford Multifactor Developed Markets (ex-US) ETF 7.5 29 -14 6.9 +0.6
IMFL Invesco International Developed Dynamic Multifactor ETF 7.5 34 -19 5.2 -1.1
VSGX Vanguard ESG International Stock ETF 7.4 10 5 6.4 +0.1
ACWV iShares MSCI Global Min Vol Factor ETF 7.3 20 -5 5.7 -0.7
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 7.2 41 -26 5.8 -0.5
VXUS Vanguard Total International Stock ETF 7.2 5 10 6.5 +0.1
IMOM Alpha Architect International Quantitative Momentum ETF 7.0 49 -34 4.5 -1.8
IXUS iShares Core MSCI Total International Stock ETF 6.9 7 8 6.4 +0.1
IXP iShares Global Comm Services ETF 6.8 42 -27 5.7 -0.6
WLDR Affinity World Leaders Equity ETF 6.8 67 -52 5.5 -0.9
DFIC Dimensional International Core Equity 2 ETF 6.7 23 -8 6.1 -0.2
DGT State Street SPDR Global Dow ETF 6.7 50 -35 5.6 -0.7
AVSD Avantis Responsible International Equity ETF 6.7 23 -8 5.8 -0.5
EXI iShares Global Industrials ETF 6.7 42 -27 3.7 -2.7
QINT American Century Quality Diversified International ETF 6.6 39 -24 6.5 +0.1
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 6.5 47 -32 5.1 -1.2
DSTX Distillate International Fundamental Stability & Value ETF 6.5 55 -40 6.4 +0.1
AVDE Avantis International Equity ETF 6.3 23 -8 6.1 -0.3
DFSI Dimensional International Sustainability Core 1 ETF 6.2 24 -9 5.5 -0.8
IXG iShares Global Financials ETF 6.2 42 -27 6.0 -0.4
DWX SPDR S&P International Dividend ETF 6.0 45 -30 6.8 +0.4
DIHP Dimensional International High Profitability ETF 6.0 29 -14 5.8 -0.6
IDLV Invesco S&P International Developed Low Volatility ETF 5.9 25 -10 6.3 +0.0
BINV Brandes International ETF 5.9 70 -55 8.3 +2.0
IQDF FlexShares International Quality Dividend Index Fund 5.8 47 -32 7.3 +1.0
DXIV Dimensional International Vector Equity ETF 5.7 34 -19 6.4 +0.1
CLNR IQ Cleaner Transport ETF 5.6 45 -30 4.0 -2.3
IDOG ALPS International Sector Dividend Dogs ETF 5.6 50 -35 9.2 +2.8
QWLD SPDR MSCI World StrategicFactors ETF 5.4 30 -15 5.1 -1.2
IQDY FlexShares International Quality Dividend Dynamic Index Fund 5.3 47 -32 7.1 +0.8
IPKW Invesco International BuyBack Achievers ETF 5.3 55 -40 7.9 +1.5
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 5.2 65 -50 4.1 -2.2
IVAL Alpha Architect International Quantitative Value ETF 4.9 49 -34 7.4 +1.1
FYLD Cambria Foreign Shareholder Yield ETF 4.9 59 -44 9.7 +3.3
CGIE Capital Group International Equity ETF 4.8 54 -39 4.5 -1.8
KNO AXS Knowledge Leaders ETF 4.7 78 -63 3.9 -2.4
IDHQ Invesco S&P International Developed High Quality ETF 4.6 29 -14 5.0 -1.3
IQLT iShares MSCI Intl Quality Factor ETF 4.6 30 -15 5.4 -0.9
RGEF Rockefeller Global Equity ETF 4.5 55 -40 3.7 -2.6
CGDG Capital Group Dividend Growers ETF 4.4 47 -32 5.2 -1.1
WWJD Inspire International ETF 4.4 80 -65 6.2 -0.2
IBAT iShares Energy Storage & Materials ETF 4.3 47 -32 1.6 -4.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 4.2 30 -15 6.2 -0.1
NXTG First Trust Indxx NextG ETF 4.2 70 -55 3.3 -3.0
UMMA Wahed Dow Jones Islamic World ETF 4.2 65 -50 3.5 -2.8
DTH WisdomTree International High Dividend Fund 4.2 58 -43 7.1 +0.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 3.6 20 -5 4.6 -1.7
MXI iShares Global Materials ETF 3.6 41 -26 5.9 -0.4
FEOE First Eagle Overseas Equity ETF 3.6 79 -64 6.0 -0.3
EFG iShares MSCI EAFE Growth ETF 3.5 36 -21 3.8 -2.5
FEGE First Eagle Global Equity ETF 3.5 79 -64 5.9 -0.4
EV Mast Global Battery Recycling & Production ETF 3.5 65 -50 6.4 +0.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 3.3 9 6 4.8 -1.6
URTH iShares MSCI World ETF 3.3 24 -9 4.2 -2.1
DRIV Global X Autonomous & Electric Vehicles ETF 3.3 68 -53 3.4 -2.9
JGLO JPMorgan Global Select Equity ETF 3.2 33 -18 4.3 -2.1
KLMT Invesco MSCI Global Climate 500 ETF 3.2 10 5 4.9 -1.5
JSTC Adasina Social Justice All Cap Global ETF 3.1 89 -74 4.3 -2.0
HYDR Global X Hydrogen ETF 3.0 50 -35 -5.7 -12.0
KXI iShares Global Consumer Staples ETF 3.0 41 -26 5.5 -0.8
GLBL Pacer MSCI World Industry Advantage ETF 3.0 65 -50 3.3 -3.0
CARZ First Trust NASDAQ Global Auto Index Fund 2.9 70 -55 2.3 -4.0
ACWI iShares MSCI ACWI ETF 2.9 32 -17 4.6 -1.8
VNQI Vanguard Global ex-U.S. Real Estate ETF 2.9 12 3 8.9 +2.6
ESGG FlexShares STOXX Global ESG Select Index Fund 2.9 42 -27 3.9 -2.4
GEW Cambria Global EW ETF 2.9 29 -14 5.3 -1.0
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 2.9 25 -10 5.5 -0.8
PIEL Pacer International Export Leaders ETF 2.7 60 -45 4.0 -2.3
VT Vanguard Total World Stock ETF 2.7 6 9 4.9 -1.4
AGQI First Trust Active Global Quality Income ETF 2.7 85 -70 6.3 -0.0
XT iShares Exponential Technologies ETF 2.7 46 -31 3.8 -2.5
CHAT Roundhill Generative AI & Technology ETF 2.4 75 -60 4.1 -2.3
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 2.3 10 5 8.9 +2.6
ROBO ROBO Global Robotics & Automation Index ETF 2.3 95 -80 2.4 -3.9
BLES Inspire Global Hope ETF 2.3 61 -46 5.7 -0.6
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 2.2 72 -57 2.6 -3.7
LIT Global X Lithium & Battery Tech ETF 2.2 75 -60 5.7 -0.7
OAIM OneAscent International Equity ETF 2.2 95 -80 4.3 -2.1
CCNR ALPS CoreCommodity Natural Resources ETF 2.1 39 -24 8.0 +1.7
IFGL iShares International Developed Real Estate ETF 2.1 48 -33 7.8 +1.5
ERET iShares Environmentally Aware Real Estate ETF 2.1 30 -15 7.1 +0.8
QTUM Defiance Quantum ETF 2.1 40 -25 3.6 -2.7
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 2.0 12 3 4.4 -2.0
MOTO SmartETFs Smart Transportation & Technology ETF 2.0 68 -53 5.6 -0.7
FPXI First Trust International Equity Opportunities ETF 2.0 70 -55 4.1 -2.3
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.9 65 -50 7.1 +0.8
GLOF iShares Global Equity Factor ETF 1.9 20 -5 5.4 -0.9
SCHY Schwab International Dividend Equity ETF 1.9 14 1 8.4 +2.1
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 1.9 42 -27 4.1 -2.2
OEFA ALPS O’Shares International Developed Quality Dividend ETF 1.8 48 -33 4.8 -1.5
FID First Trust S&P International Dividend Aristocrats ETF 1.8 60 -45 7.5 +1.2
FBOT Fidelity Disruptive Automation ETF 1.7 50 -35 2.9 -3.4
WTAI WisdomTree Artificial Intelligence and Innovation Fund 1.7 45 -30 1.8 -4.5
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.7 65 -50 1.3 -5.1
WRND IQ Global Equity R&D Leaders ETF 1.6 18 -3 4.0 -2.4
WDIV SPDR S&P Global Dividend ETF 1.6 40 -25 8.9 +2.6
SDG iShares MSCI Global Sustainable Development Goals ETF 1.6 49 -34 4.6 -1.8
CZAR Themes Natural Monopoly ETF 1.6 35 -20 5.3 -1.0
MINV Matthews Asia Innovators Active ETF 1.6 79 -64 5.6 -0.7
EFAS Global X MSCI SuperDividend EAFE ETF 1.5 57 -42 7.1 +0.8
IPAV Global X Infrastructure Development ex-U.S. ETF 1.5 55 -40 6.0 -0.4
DEW WisdomTree Global High Dividend Fund 1.5 58 -43 7.1 +0.8
IXJ iShares Global Healthcare ETF 1.5 42 -27 6.0 -0.3
JXI iShares Global Utilities ETF 1.5 43 -28 5.6 -0.7
IOO iShares Global 100 ETF 1.4 41 -26 3.8 -2.6
DVYA iShares Asia/Pacific Dividend ETF 1.4 49 -34 6.8 +0.5
KOCG FIS Knights of Columbus Global Belief ETF 1.4 75 -60 4.6 -1.7
SHPP Pacer Industrials and Logistics ETF 1.4 60 -45 6.8 +0.4
HAP VanEck Natural Resources ETF 1.3 50 -35 6.4 +0.1
FDRV Fidelity Electric Vehicles and Future Transportation ETF 1.3 39 -24 1.2 -5.1
PICK iShares MSCI Global Metals & Mining Producers ETF 1.3 39 -24 8.0 +1.7
RWO SPDR Dow Jones Global Real Estate ETF 1.2 50 -35 6.6 +0.2
RWX SPDR Dow Jones International Real Estate ETF 1.2 59 -44 7.5 +1.2
BKCI BNY Mellon Concentrated International ETF 1.2 80 -65 5.0 -1.4
ION ProShares S&P Global Core Battery Metals ETF 1.2 58 -43 6.6 +0.3
AKAF The Frontier Economic Fund 1.2 20 -5 5.4 -0.9
KNCT Invesco Next Gen Connectivity ETF 1.2 40 -25 2.8 -3.5
IXC iShares Global Energy ETF 1.2 44 -29 7.0 +0.7
GINN Goldman Sachs Innovate Equity ETF 1.1 52 -37 3.6 -2.7
FNDC Schwab Fundamental International Small Co. Index ETF 1.1 39 -24 6.6 +0.2
IDNA iShares Genomics Immunology and Healthcare ETF 1.1 47 -32 -0.3 -6.6
FDRR Fidelity Dividend ETF for Rising Rates 1.0 15 0 5.5 -0.8
SAGP Strategas Global Policy Opportunities ETF 1.0 65 -50 4.9 -1.4
BOTZ Global X Robotics & Artificial Intelligence ETF 1.0 69 -54 2.0 -4.3
AGIX KraneShares Artificial Intelligence and Technology ETF 0.9 99 -84 1.0 -5.3
CRAK VanEck Oil Refiners ETF 0.9 61 -46 6.9 +0.6
SNSR Global X Internet of Things ETF 0.9 68 -53 3.3 -3.0
GNR SPDR S&P Global Natural Resources ETF 0.9 40 -25 8.0 +1.7
IBOT Vaneck Robotics ETF 0.9 47 -32 3.3 -3.0
ICPY Tweedy, Browne International Insider Value ETF 0.9 80 -65 20.2 +13.9
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.9 80 -65 3.7 -2.7
IQM Franklin Intelligent Machines ETF 0.8 50 -35 1.2 -5.2
IXN iShares Global Tech ETF 0.8 41 -26 2.5 -3.8
BOAT SonicShares Global Shipping ETF 0.8 69 -54 17.0 +10.7
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.8 56 -41 9.4 +3.1
SLX VanEck Steel ETF 0.8 56 -41 10.2 +3.9
ARKX ARK Space Exploration & Innovation ETF 0.7 75 -60 0.0 -6.3
MOTG VanEck Morningstar Global Wide Moat ETF 0.7 52 -37 7.9 +1.6
GQRE FlexShares Global Quality Real Estate Index Fund 0.7 45 -30 7.7 +1.4
FTAG First Trust Indxx Global Agriculture ETF 0.6 70 -55 6.9 +0.6
VEGI iShares MSCI Agriculture Producers ETF 0.6 39 -24 7.3 +0.9
KROP Global X AgTech & Food Innovation ETF 0.6 50 -35 6.3 -0.1
MOO VanEck Agribusiness ETF 0.6 53 -38 8.7 +2.4
JIG JPMorgan International Growth ETF 0.6 55 -40 3.6 -2.8
OCEN IQ Clean Oceans ETF 0.6 45 -30 4.7 -1.7
COPY Tweedy, Browne Insider + Value ETF 0.6 80 -65 14.3 +8.0
AGNG Global X Aging Population ETF 0.6 50 -35 4.2 -2.1
RCGE RockCreek Global Equality ETF 0.5 95 -80 6.0 -0.3
COPX Global X Copper Miners ETF 0.5 65 -50 3.9 -2.4
GMET VanEck Green Metals ETF 0.5 63 -48 0.8 -5.5
FTRI First Trust Indxx Global Natural Resources Income ETF 0.5 70 -55 6.3 -0.0
BATT Amplify Lithium & Battery Technology ETF 0.5 59 -44 2.0 -4.3
OZEM Roundhill GLP-1 & Weight Loss ETF 0.5 59 -44 5.5 -0.8
BCDF Horizon Kinetics Blockchain Development ETF 0.5 85 -70 3.7 -2.6
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.5 85 -70 2.7 -3.6
KBWR Invesco KBW Regional Banking ETF 0.5 35 -20 8.5 +2.2
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.5 58 -43 3.6 -2.7
AQLT iShares MSCI Global Quality Factor ETF 0.5 18 -3 0.0 -6.3
BULD Pacer BlueStar Engineering the Future ETF 0.4 60 -45 0.2 -6.1
HUMN Roundhill Humanoid Robotics ETF 0.4 75 -60 1.5 -4.9
DTEC ALPS Disruptive Technologies ETF 0.4 50 -35 3.4 -2.9
ICLN iShares Global Clean Energy ETF 0.4 41 -26 2.1 -4.2
VCLN Virtus Duff & Phelps Clean Energy ETF 0.4 59 -44 2.7 -3.6
STCE Schwab Crypto Thematic ETF 0.4 30 -15 2.3 -4.0
BLOK Amplify Transformational Data Sharing ETF 0.4 75 -60 -0.2 -6.5
MNRS Grayscale Bitcoin Miners ETF 0.4 59 -44 -2.1 -8.5
NUKZ Range Nuclear Renaissance Index ETF 0.4 85 -70 1.6 -4.8
JDOC JPMorgan Healthcare Leaders ETF 0.4 65 -50 3.3 -3.0
FDVV Fidelity High Dividend ETF 0.4 15 0 6.6 +0.3
FAN First Trust Global Wind Energy ETF 0.4 60 -45 3.0 -3.3
NERD Roundhill Video Games ETF 0.3 50 -35 7.3 +1.0
ESPO VanEck Video Gaming and eSports ETF 0.3 56 -41 6.2 -0.1
ODDS Pacer BlueStar Digital Entertainment ETF 0.3 60 -45 4.7 -1.7
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.3 75 -60 3.1 -3.3
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.3 46 -31 7.6 +1.2
ISHP First Trust Nasdaq Retail ETF 0.3 60 -45 5.5 -0.8
FDNI First Trust Dow Jones International Internet ETF 0.3 65 -50 26.2 +19.9
ARKF ARK Fintech Innovation ETF 0.3 75 -60 0.2 -6.2
AIQ Global X Artificial Intelligence & Technology ETF 0.3 68 -53 2.6 -3.7
HART IQ Healthy Hearts ETF 0.3 45 -30 6.0 -0.3
SUPL ProShares Supply Chain Logistics ETF 0.3 58 -43 7.9 +1.6
AZTD Aztlan Global Stock Selection DM SMID ETF 0.3 75 -60 4.4 -1.9
MDEV First Trust Indxx Medical Devices ETF 0.2 70 -55 4.7 -1.6
PAWZ ProShares Pet Care ETF 0.2 50 -35 4.4 -2.0
FPAG FPA Global Equity ETF 0.2 49 -34 5.6 -0.7
MOTI VanEck Morningstar International Moat ETF 0.2 58 -43 10.2 +3.8
DFGR Dimensional Global Real Estate ETF 0.2 22 -7 7.4 +1.0
VGSR Vert Global Sustainable Real Estate ETF 0.2 47 -32 7.3 +1.0
REET iShares Global REIT ETF 0.2 14 1 7.3 +1.0
ERTH Invesco MSCI Sustainable Future ETF 0.2 62 -47 3.4 -2.9
AVRE Avantis Real Estate ETF 0.2 17 -2 7.2 +0.8
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.2 49 -34 5.9 -0.4
SRVR Pacer Data & Infrastructure Real Estate ETF 0.2 55 -40 4.4 -2.0
JAPN Horizon Kinetics Japan Owner Operator ETF 0.2 85 -70 5.3 -1.0
ANEW ProShares MSCI Transformational Changes ETF 0.1 45 -30 4.1 -2.2
PRNT 3D Printing ETF 0.1 66 -51 1.2 -5.2
CRTC Xtrackers US National Critical Technologies ETF 0.1 35 -20 4.0 -2.3
JETS U.S. Global Jets ETF 0.1 60 -45 2.6 -3.8
AIRL Themes Airlines ETF 0.1 35 -20 1.7 -4.6

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 Japan Value 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 8.0 %
Divided by: Fwd. P/BV 1.2 x
Less: Expense ratio 15 bp
Equals: ALTAR Score 6.3 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.61 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.