iShares MSCI Switzerland ETF
ALTAR
Score™		 4.1% info Recommen-
dation		 AVOID
2024E    2025E
P/E
ratio		 19.2x P/Sales
ratio		 2.0x
P/BV
ratio		 3.0x Div.
yield		 3.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares MSCI Switzerland Index fund seeks investment results that correspond to the price and yield performance of publicly traded secruitires in the Swiss market, as measured by the MSCI Switzerland Index.

FUND BASICS
Category International Equities
Fund Sponsor Barclays Global Investors
Website www.ishares.com
Inception date Mar 12, 1996
Assets (mns) $1,058
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 46
Wgt avg mkt cap (mns) $123,293
Large cap (>$10bn) 94.9%
Mid cap ($2-10bn) 4.9%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
NESTLE SA-REG 17.7 %
NOVARTIS AG 12.4 %
ROCHE HOLDING LTD 11.0 %
ABB LTD. 5.1 %
UBS GROUP AG 4.8 %
ZURICH FINANCIAL SERVICES AG 4.5 %
CIE FINANCIERE RICHEMON-BR A 4.3 %
HOLCIM LTD-REG 3.1 %
SIKA AG-BR 2.8 %
LONZA GROUP AG-REG 2.8 %
Total 68.4 %

TOP COUNTRY EXPOSURE
SWITZERLAND 96.6 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-3.0% 5.6% 7.8% 5.4% 6.9%

Market Correlations
versus... Beta R-squared
S&P500 0.89 75%
MSCI EAFE 0.96 81%
MSCI Emg. Mkts. 0.73 50%

Technical Indicators
Recent close $45.76
30d moving avg. $44.89
Annualized volatility 18.2%
Short interest (ETF) 1.2%
Relative strength (RSI) 79

Liquidity measures
Avg. volume (thou.) 757
Turnover 3.3%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $3,296

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 263 potential alternatives to the iShares MSCI Switzerland ETF ETF based on the alternatives' overlap in portfolio holdings with EWL. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EWL Expense: 50 bp ALTAR Score™: 4.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EWL
Ticker Fund
Name		 Overlap1
vs EWL
(%)		 Expense
ratio
(bp)		 Savings
vs EWL
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EWL
(%)
FLSW Franklin FTSE Switzerland ETF 89.8 9 41 5.1 +1.0
FSZ First Trust Switzerland AlphaDEX Fund 34.7 80 -30 4.1 +0.1
EUDG WisdomTree Europe Quality Dividend Growth Fund 18.8 58 -8 6.0 +1.9
IDHQ Invesco S&P International Developed High Quality ETF 18.2 29 21 5.8 +1.7
OEUR ALPS O'Shares Europe Quality Dividend ETF 17.5 48 2 5.7 +1.6
EUDV ProShares MSCI Europe Dividend Growers ETF 16.7 55 -5 5.0 +0.9
FICS First Trust International Developed Capital Strength ETF 15.7 70 -20 6.1 +2.0
VIGI Vanguard International Dividend Appreciation ETF 14.6 15 35 5.6 +1.5
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 14.2 9 41 9.8 +5.7
EUFN iShares MSCI Europe Financials ETF 14.1 51 -1 8.1 +4.0
DBEU Xtrackers MSCI Europe Hedged Equity ETF 13.8 46 4 6.3 +2.2
IEV iShares Europe ETF 13.8 67 -17 6.1 +2.0
IQLT iShares MSCI Intl Quality Factor ETF 13.7 30 20 5.7 +1.6
BBEU JPMorgan BetaBuilders Europe ETF 13.5 9 41 6.7 +2.6
FLEE Franklin FTSE Europe ETF 13.3 9 41 6.8 +2.7
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 12.7 25 25 7.4 +3.3
IQDG WisdomTree International Quality Dividend Growth Fund 12.6 42 8 5.8 +1.7
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 12.3 58 -8 5.6 +1.5
RFEU First Trust Riverfront Dynamic Europe ETF 12.2 83 -33 8.7 +4.7
IEUR iShares Core MSCI Europe ETF 12.2 11 39 -1.3 -5.4
VGK Vanguard FTSE Europe ETF 12.0 11 39 6.8 +2.7
QEFA SPDR MSCI EAFE StrategicFactors ETF 11.9 30 20 6.8 +2.8
SPEU SPDR Portfolio Europe ETF 11.8 7 43 6.6 +2.5
UMMA Wahed Dow Jones Islamic World ETF 11.4 65 -15 4.3 +0.2
EFAV iShares MSCI EAFE Min Vol Factor ETF 11.3 22 28 6.2 +2.1
EFAD ProShares MSCI EAFE Dividend Growers ETF 11.3 50 0 5.1 +1.0
IGRO iShares International Dividend Growth ETF 11.1 15 35 7.1 +3.0
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 11.0 32 18 6.7 +2.6
DOL WisdomTree International LargeCap Dividend Fund 11.0 48 2 7.7 +3.7
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 10.7 20 30 10.7 +6.6
EFG iShares MSCI EAFE Growth ETF 10.0 36 14 4.1 +0.0
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 9.8 20 30 6.3 +2.2
VWID Virtus WMC International Dividend ETF 9.8 49 1 9.4 +5.3
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 9.7 20 30 6.9 +2.8
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 9.7 42 8 6.8 +2.7
NUDM Nuveen ESG International Developed Markets Equity ETF 9.6 31 19 6.4 +2.3
ESGD iShares ESG Aware MSCI EAFE ETF 9.2 20 30 6.3 +2.2
IQSI IQ Candriam International Equity ETF 9.2 15 35 6.4 +2.3
EFA iShares MSCI EAFE ETF 9.1 35 15 6.4 +2.3
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 9.0 36 14 6.4 +2.3
DIVI Franklin International Core Dividend Tilt Index ETF 9.0 9 41 8.0 +3.9
LVHI Franklin International Low Volatility High Dividend Index ET 9.0 40 10 10.2 +6.1
IPKW Invesco International BuyBack Achievers ETF 8.9 55 -5 9.1 +5.0
DMXF iShares ESG Advanced MSCI EAFE ETF 8.8 12 38 5.4 +1.3
DWM WisdomTree International Equity Fund 8.8 48 2 7.8 +3.7
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 8.8 40 10 7.8 +3.8
TTAI FCF International Quality ETF 8.6 59 -9 7.4 +3.3
JHMD John Hancock Multifactor Developed International ETF 8.6 39 11 7.4 +3.3
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 8.4 14 36 6.2 +2.1
EFV iShares MSCI EAFE Value ETF 8.1 34 16 9.1 +5.0
JIRE JPMorgan International Research Enhanced Equity ETF 8.1 24 26 6.7 +2.6
IQDF FlexShares International Quality Dividend Index Fund 8.1 47 3 10.7 +6.6
GSID Goldman Sachs MarketBeta International Equity ETF 8.0 20 30 6.7 +2.6
FID First Trust S&P International Dividend Aristocrats ETF 8.0 60 -10 9.8 +5.8
HFXI IQ FTSE International Equity Currency Neutral ETF 8.0 20 30 6.8 +2.7
IQDY FlexShares International Quality Dividend Dynamic Index Fund 7.9 47 3 10.3 +6.2
IEFA iShares Core MSCI EAFE ETF 7.8 7 43 2.7 -1.4
AIVI WisdomTree International AI Enhanced Value Fund 7.8 58 -8 8.0 +4.0
DIHP Dimensional International High Profitability ETF 7.7 29 21 6.9 +2.8
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 7.7 80 -30 5.4 +1.3
IQDE FlexShares International Quality Dividend Defensive Index ET 7.6 47 3 10.7 +6.6
DWMF WisdomTree International Multifactor Fund 7.4 38 12 7.3 +3.2
DWX SPDR S&P International Dividend ETF 7.4 45 5 7.1 +3.0
DIVS SmartETFs Dividend Builder ETF 7.3 65 -15 4.7 +0.6
BKIE BNY Mellon International Equity ETF 7.1 4 46 6.9 +2.8
GSIE Goldman Sachs ActiveBeta International Equity ETF 7.1 25 25 7.4 +3.4
IDEV iShares Core MSCI International Developed Markets ETF 7.0 4 46 6.7 +2.6
FIVA Fidelity International Value Factor ETF 6.9 18 32 9.3 +5.2
TPIF Timothy Plan International ETF 6.7 62 -12 6.7 +2.6
DFIV Dimensional International Value ETF 6.6 27 23 9.8 +5.7
VEA Vanguard FTSE Developed Markets ETF 6.6 5 45 7.0 +2.9
WDIV SPDR S&P Global Dividend ETF 6.6 40 10 10.2 +6.2
IXJ iShares Global Healthcare ETF 6.6 42 8 6.1 +2.0
INTF iShares International Equity Factor ETF 6.6 15 35 7.8 +3.8
SPDW SPDR Portfolio Developed World ex-US ETF 6.4 3 47 6.9 +2.8
RODM Hartford Multifactor Developed Markets (ex-US) ETF 6.1 29 21 8.8 +4.7
WWJD Inspire International ETF 5.9 80 -30 7.1 +3.1
KXI iShares Global Consumer Staples ETF 5.9 41 9 5.6 +1.5
RSHO Tema American Reshoring ETF 5.9 75 -25 3.6 -0.5
ACWX iShares MSCI ACWI ex U.S. ETF 5.8 34 16 6.7 +2.6
CWI SPDR MSCI ACWI ex-US ETF 5.8 30 20 6.8 +2.7
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 5.8 51 -1 6.8 +2.7
CIL VictoryShares International Volatility Wtd ETF 5.8 45 5 6.9 +2.8
DFAI Dimensional International Core Equity Market ETF 5.8 18 32 6.9 +2.8
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 5.8 41 9 6.7 +2.6
VSGX Vanguard ESG International Stock ETF 5.6 12 38 6.8 +2.8
FDEV Fidelity International Multifactor ETF 5.6 18 32 7.5 +3.4
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 5.5 80 -30 5.6 +1.6
VEU Vanguard FTSE All-World ex-US Index Fund 5.5 8 42 7.2 +3.1
AVIV Avantis International Large Cap Value ETF 5.3 25 25 8.9 +4.8
MXI iShares Global Materials ETF 5.3 41 9 6.6 +2.6
DFSI Dimensional International Sustainability Core 1 ETF 5.3 24 26 6.2 +2.2
VYMI Vanguard International High Dividend Yield ETF 5.3 22 28 9.7 +5.6
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 5.2 45 5 8.5 +4.4
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 5.2 39 11 7.6 +3.5
RFDI First Trust Riverfront Dynamic Developed International ETF 5.1 83 -33 9.0 +4.9
BKCI BNY Mellon Concentrated International ETF 5.1 80 -30 5.2 +1.1
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 5.1 58 -8 4.6 +0.5
IDRV iShares Self-driving EV & Tech ETF 5.1 47 3 -0.5 -4.6
IBOT Vaneck Robotics ETF 5.1 47 3 3.7 -0.4
BOTZ Global X Robotics & Artificial Intelligence ETF 5.1 69 -19 2.3 -1.8
IMTM iShares MSCI Intl Momentum Factor ETF 5.1 30 20 6.8 +2.8
AVDE Avantis International Equity ETF 5.1 23 27 7.9 +3.8
IXUS iShares Core MSCI Total International Stock ETF 5.0 7 43 6.9 +2.8
VXUS Vanguard Total International Stock ETF 4.9 7 43 7.1 +3.0
JIG JPMorgan International Growth ETF 4.9 55 -5 4.3 +0.2
CEFA Global X S&P Catholic Values Developed ex-US ETF 4.9 35 15 6.4 +2.3
DTH WisdomTree International High Dividend Fund 4.9 58 -8 10.1 +6.1
HART IQ Healthy Hearts ETF 4.9 45 5 5.3 +1.3
AGQI First Trust Active Global Quality Income ETF 4.9 85 -35 5.8 +1.8
FPAG FPA Global Equity ETF 4.8 49 1 5.7 +1.6
GSFP Goldman Sachs Future Planet Equity ETF 4.8 75 -25 4.5 +0.5
AADR AdvisorShares Dorsey Wright ADR ETF 4.7 110 -60 5.4 +1.3
DFIC Dimensional International Core Equity 2 ETF 4.7 23 27 7.4 +3.3
IVLU iShares MSCI Intl Value Factor ETF 4.6 30 20 10.6 +6.6
FINE Themes European Luxury ETF 4.5 35 15 -2.2 -6.3
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 4.5 39 11 7.3 +3.2
CID VictoryShares International High Div Volatility Wtd ETF 4.4 45 5 9.5 +5.4
SDG iShares MSCI Global Sustainable Development Goals ETF 4.4 49 1 5.8 +1.7
TEMP JPMorgan Climate Change Solutions ETF 4.4 49 1 4.7 +0.6
LUXX Roundhill S&P Global Luxury ETF 4.3 45 5 2.7 -1.4
LUX Tema Luxury ETF 4.3 75 -25 3.3 -0.8
PAWZ ProShares Pet Care ETF 4.2 50 0 4.0 -0.1
IQIN IQ 500 International ETF 4.2 25 25 8.8 +4.7
ISZE iShares MSCI Intl Size Factor ETF 4.1 30 20 6.6 +2.5
QWLD SPDR MSCI World StrategicFactors ETF 4.1 30 20 6.1 +2.0
IDLV Invesco S&P International Developed Low Volatility ETF 4.0 25 25 5.8 +1.8
AGNG Global X Aging Population ETF 4.0 50 0 4.1 +0.0
FDD First Trust Stoxx European Select Dividend Index Fund 3.9 58 -8 12.9 +8.8
MOTG VanEck Morningstar Global Wide Moat ETF 3.8 52 -2 5.8 +1.7
SCHY Schwab International Dividend Equity ETF 3.8 14 36 9.3 +5.2
CANC Tema Oncology ETF 3.7 75 -25 -4.4 -8.5
FIDI Fidelity International High Dividend ETF 3.5 18 32 10.1 +6.0
IOO iShares Global 100 ETF 3.5 41 9 4.8 +0.7
MOTI VanEck Morningstar International Moat ETF 3.5 58 -8 6.9 +2.8
IDNA iShares Genomics Immunology and Healthcare ETF 3.5 47 3 -5.2 -9.2
QINT American Century Quality Diversified International ETF 3.4 39 11 7.4 +3.3
OSEA Harbor International Compounders ETF 3.4 55 -5 3.7 -0.4
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 3.3 24 26 8.6 +4.5
OCEN IQ Clean Oceans ETF 3.3 45 5 5.3 +1.2
CLNR IQ Cleaner Transport ETF 3.3 45 5 8.3 +4.2
DFAX Dimensional World ex U.S. Core Equity 2 ETF 3.3 30 20 7.8 +3.7
DIM WisdomTree International MidCap Dividend Fund 3.2 58 -8 7.7 +3.6
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.2 12 38 5.1 +1.0
DGT SPDR Global Dow ETF 3.1 50 0 6.7 +2.6
WRND IQ Global Equity R&D Leaders ETF 3.1 18 32 7.2 +3.1
HTEC ROBO Global Healthcare Technology and Innovation ETF 3.0 68 -18 1.1 -2.9
RODE Hartford Multifactor Diversified International ETF 3.0 29 21 11.5 +7.5
IDOG ALPS International Sector Dividend Dogs ETF 3.0 50 0 11.6 +7.5
IMOM Alpha Architect International Quantitative Momentum ETF 2.9 49 1 7.3 +3.2
BLES Inspire Global Hope ETF 2.9 61 -11 6.3 +2.2
TINT ProShares Smart Materials ETF 2.8 58 -8 5.6 +1.6
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 2.8 55 -5 3.6 -0.4
VIDI Vident International Equity Strategy ETF 2.8 61 -11 11.9 +7.8
EATV VegTech Plant-based Innovation & Climate ETF 2.8 75 -25 1.0 -3.1
ISCF iShares International SmallCap Equity Factor ETF 2.8 23 27 8.8 +4.7
SCHF Schwab International Equity ETF 2.7 6 44 7.0 +2.9
RAYD Rayliant Quantitative Developed Market Equity ETF 2.7 80 -30 4.5 +0.4
JHID John Hancock International High Dividend ETF 2.7 46 4 11.5 +7.4
GDVD R3 Global Dividend Growth ETF 2.7 88 -38 5.8 +1.7
IXG iShares Global Financials ETF 2.7 42 8 6.8 +2.8
ACWV iShares MSCI Global Min Vol Factor ETF 2.6 20 30 6.7 +2.6
LEGR First Trust Indxx Innovative Transaction & Process ETF 2.6 65 -15 8.4 +4.3
KOKU Xtrackers MSCI Kokusai Equity ETF 2.5 9 41 5.5 +1.4
TOK iShares MSCI Kokusai ETF 2.5 26 24 5.3 +1.2
JRNY ALPS Global Travel Beneficiaries ETF 2.5 65 -15 0.0 -4.1
IDV iShares International Select Dividend ETF 2.5 51 -1 12.3 +8.2
KOIN Capital Link Global Fintech Leaders ETF 2.5 75 -25 4.6 +0.5
DISV Dimensional International Small Cap Value ETF 2.5 42 8 9.2 +5.2
EFAS Global X MSCI SuperDividend EAFE ETF 2.4 57 -7 9.7 +5.6
URTH iShares MSCI World ETF 2.4 24 26 5.4 +1.3
SNSR Global X Internet of Things ETF 2.2 68 -18 4.3 +0.2
EXI iShares Global Industrials ETF 2.2 42 8 4.7 +0.6
ACWI iShares MSCI ACWI ETF 2.1 32 18 5.5 +1.4
PSP Invesco Global Listed Private Equity ETF 2.1 106 -56 9.1 +5.0
DFIS Dimensional International Small Cap ETF 2.1 39 11 6.7 +2.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 2.0 9 41 5.7 +1.6
HELX Franklin Genomic Advancements ETF 2.0 50 0 1.7 -2.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 2.0 20 30 5.6 +1.5
JPIN J.P. Morgan Diversified Return International Equity ETF 1.9 37 13 8.7 +4.6
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.9 56 -6 13.9 +9.8
VT Vanguard Total World Stock ETF 1.9 7 43 5.8 +1.7
ESGG FlexShares STOXX Global ESG Select Index Fund 1.8 42 8 5.1 +1.0
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 1.7 25 25 6.1 +2.0
ANEW ProShares MSCI Transformational Changes ETF 1.7 45 5 3.3 -0.7
DSTX Distillate International Fundamental Stability & Value ETF 1.7 55 -5 8.0 +4.0
VCLN Virtus Duff & Phelps Clean Energy ETF 1.7 59 -9 3.5 -0.6
SANE Subversive Mental Health ETF 1.6 75 -25 0.0 -4.1
QTUM Defiance Quantum ETF 1.6 40 10 3.9 -0.2
DMDV AAM S&P Developed Markets High Dividend Value ETF 1.6 39 11 12.7 +8.6
FNDF Schwab Fundamental International Large Co. Index ETF 1.6 25 25 9.1 +5.0
DEW WisdomTree Global High Dividend Fund 1.6 58 -8 9.1 +5.0
SAGP Strategas Global Policy Opportunities ETF 1.6 65 -15 4.5 +0.4
GDOC Goldman Sachs Future Health Care Equity ETF 1.5 75 -25 3.2 -0.9
RXI iShares Global Consumer Discretionary ETF 1.5 41 9 5.5 +1.5
LRGE ClearBridge Large Cap Growth ESG ETF 1.5 59 -9 3.4 -0.7
GINN Goldman Sachs Innovate Equity ETF 1.5 52 -2 2.7 -1.4
GLOF iShares Global Equity Factor ETF 1.4 20 30 7.1 +3.0
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.4 61 -11 -4.0 -8.1
FEP First Trust Europe AlphaDEX Fund 1.4 80 -30 8.6 +4.6
ROBO ROBO Global Robotics & Automation Index ETF 1.4 95 -45 2.8 -1.2
ESGN Columbia International ESG Equity Income ETF 1.3 45 5 9.0 +4.9
EBLU Ecofin Global Water ESG Fund 1.3 40 10 3.9 -0.2
CGW Invesco S&P Global Water Index ETF 1.3 57 -7 3.8 -0.3
PIO Invesco Global Water ETF 1.3 75 -25 4.9 +0.8
IWTR iShares MSCI Water Management Multisector ETF 1.3 47 3 4.8 +0.8
FYLD Cambria Foreign Shareholder Yield ETF 1.2 59 -9 12.0 +7.9
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 1.2 47 3 0.7 -3.4
WDNA WisdomTree BioRevolution Fund 1.2 45 5 -4.5 -8.6
KLDW Knowledge Leaders Developed World ETF 1.2 75 -25 4.9 +0.8
SUPL ProShares Supply Chain Logistics ETF 1.1 58 -8 13.1 +9.0
SEA U.S. Global Sea to Sky Cargo ETF 1.1 60 -10 24.1 +20.0
SHPP Pacer Industrials and Logistics ETF 1.1 60 -10 8.9 +4.8
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 1.1 68 -18 5.3 +1.2
IMFL Invesco International Developed Dynamic Multifactor ETF 1.1 34 16 10.6 +6.6
BNE Blue Horizon BNE ETF 1.1 87 -37 5.0 +0.9
FDHT Fidelity Digital Health ETF 1.0 39 11 -2.4 -6.5
GCOW Pacer Global Cash Cows Dividend ETF 1.0 60 -10 13.6 +9.5
CGGO Capital Group Global Growth Equity ETF 1.0 47 3 4.3 +0.2
MVPS Amplify Thematic All-Stars ETF 1.0 49 1 1.7 -2.4
IDMO Invesco S&P International Developed Momentum ETF 1.0 25 25 7.0 +2.9
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 1.0 45 5 6.2 +2.2
KOCG FIS Knights of Columbus Global Belief ETF 0.9 75 -25 5.3 +1.2
APIE ActivePassive International Equity ETF 0.9 45 5 7.7 +3.7
CACG ClearBridge All Cap Growth ESG ETF 0.9 54 -4 3.4 -0.7
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.9 65 -15 1.6 -2.5
DFNL Davis Select Financial ETF 0.8 63 -13 6.8 +2.8
DINT Davis Select International ETF 0.8 55 -5 4.7 +0.6
DWLD Davis Select Worldwide ETF 0.8 63 -13 5.6 +1.5
UIVM VictoryShares International Value Momentum ETF 0.8 35 15 10.7 +6.6
GGME Invesco Next Gen Media and Gaming ETF 0.7 60 -10 4.1 +0.0
FNDC Schwab Fundamental International Small Co. Index ETF 0.7 39 11 6.9 +2.8
BMED Future Health ETF 0.6 85 -35 0.2 -3.9
INNO Harbor Disruptive Innovation ETF 0.6 75 -25 -3.5 -7.6
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.6 10 40 8.2 +4.1
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.6 12 38 8.7 +4.6
IFGL iShares International Developed Real Estate ETF 0.6 48 2 7.0 +2.9
WPS iShares International Developed Property ETF 0.6 48 2 7.2 +3.1
RWX SPDR Dow Jones International Real Estate ETF 0.6 59 -9 7.2 +3.1
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.6 49 1 6.7 +2.6
RWO SPDR Dow Jones Global Real Estate ETF 0.6 50 0 6.9 +2.9
BECO BlackRock Future Climate and Sustainable Economy ETF 0.5 70 -20 13.7 +9.6
CUT Invesco MSCI Global Timber ETF 0.5 61 -11 8.6 +4.5
GNR SPDR S&P Global Natural Resources ETF 0.5 40 10 9.2 +5.1
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.5 75 -25 5.2 +1.1
NXTG First Trust Indxx NextG ETF 0.5 70 -20 6.0 +1.9
XT iShares Exponential Technologies ETF 0.5 46 4 3.9 -0.2
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.5 47 3 5.9 +1.9
BPAY BlackRock Future Financial and Technology ETF 0.4 70 -20 8.3 +4.2
DTEC ALPS Disruptive Technologies ETF 0.4 50 0 3.3 -0.8
FINX Global X FinTech ETF 0.4 68 -18 3.2 -0.9
ERET iShares Environmentally Aware Real Estate ETF 0.4 30 20 7.3 +3.2
IXP iShares Global Comm Services ETF 0.4 42 8 5.3 +1.2
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.3 45 5 4.9 +0.8
FAN First Trust Global Wind Energy ETF 0.3 60 -10 5.5 +1.4
ICLN iShares Global Clean Energy ETF 0.3 41 9 4.3 +0.2
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.3 80 -30 10.8 +6.7
JSTC Adasina Social Justice All Cap Global ETF 0.3 89 -39 4.8 +0.7
RVRB Reverb ETF 0.3 30 20 5.0 +0.9
AIQ Global X Artificial Intelligence & Technology ETF 0.2 68 -18 4.2 +0.1
IXN iShares Global Tech ETF 0.1 41 9 4.3 +0.3
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -25 4.7 +0.6
NANC Unusual Whales Subversive Democratic Trading ETF 0.0 75 -25 3.8 -0.3

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

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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
  2023 2024E 2025E
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 Switzerland ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 13.5 %
Divided by: Fwd. P/BV 2.9 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 4.1 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.65 CATEGORY
AVERAGE		 1.51
 
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.