iShares MSCI Switzerland ETF
ALTAR
Score™		 4.5% info Recommen-
dation		 AVOID
2024E    2025E
P/E
ratio		 18.5x P/Sales
ratio		 2.0x
P/BV
ratio		 2.9x 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) $1,156
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) $133,919
Large cap (>$10bn) 93.4%
Mid cap ($2-10bn) 5.0%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
NESTLE SA-REG 14.7 %
NOVARTIS AG 12.9 %
ROCHE HOLDING LTD 12.7 %
ZURICH FINANCIAL SERVICES AG 5.2 %
UBS GROUP AG 5.1 %
ABB LTD. 4.9 %
CIE FINANCIERE RICHEMON-BR A 4.1 %
HOLCIM LTD-REG 3.4 %
ALCON, INC. 2.8 %
SWISS RE AG 2.8 %
Total 68.6 %

TOP COUNTRY EXPOSURE
SWITZERLAND 98.8 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
2.7% 18.2% 6.8% 6.4% 7.0%

Market Correlations
versus... Beta R-squared
S&P500 0.88 71%
MSCI EAFE 0.95 85%
MSCI Emg. Mkts. 0.73 50%

Technical Indicators
Recent close $47.19
30d moving avg. $51.10
Annualized volatility 18.1%
Short interest (ETF) 0.7%
Relative strength (RSI) 42

Liquidity measures
Avg. volume (thou.) 414
Turnover 1.7%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $3,702

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 277 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™: 4.5%


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 68.3 9 41 5.3 +0.8
FSZ First Trust Switzerland AlphaDEX Fund 35.2 80 -30 4.2 -0.3
IDHQ Invesco S&P International Developed High Quality ETF 20.2 29 21 6.5 +2.0
OEUR ALPS O'Shares Europe Quality Dividend ETF 16.8 48 2 5.7 +1.2
FICS First Trust International Developed Capital Strength ETF 15.7 70 -20 5.3 +0.8
EUDV ProShares MSCI Europe Dividend Growers ETF 15.7 55 -5 5.3 +0.8
VIGI Vanguard International Dividend Appreciation ETF 15.6 15 35 6.4 +1.9
EUFN iShares MSCI Europe Financials ETF 15.1 51 -1 8.1 +3.7
IQLT iShares MSCI Intl Quality Factor ETF 14.9 30 20 6.2 +1.8
IEV iShares Europe ETF 14.9 67 -17 6.6 +2.1
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 14.4 9 41 9.9 +5.4
IEUR iShares Core MSCI Europe ETF 13.1 11 39 7.1 +2.6
VGK Vanguard FTSE Europe ETF 12.9 11 39 7.1 +2.6
SPEU SPDR Portfolio Europe ETF 12.8 7 43 7.1 +2.6
EUDG WisdomTree Europe Quality Dividend Growth Fund 12.7 58 -8 6.5 +2.0
QEFA SPDR MSCI EAFE StrategicFactors ETF 12.7 30 20 7.3 +2.8
IMFL Invesco International Developed Dynamic Multifactor ETF 12.5 34 16 5.9 +1.4
UMMA Wahed Dow Jones Islamic World ETF 12.2 65 -15 4.6 +0.1
DBEU Xtrackers MSCI Europe Hedged Equity ETF 12.0 46 4 6.5 +2.0
BBEU JPMorgan BetaBuilders Europe ETF 11.7 9 41 7.1 +2.6
RFEU First Trust Riverfront Dynamic Europe ETF 11.6 83 -33 11.1 +6.6
TTAI FCF International Quality ETF 11.4 59 -9 5.6 +1.1
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 11.3 25 25 7.2 +2.7
EFAV iShares MSCI EAFE Min Vol Factor ETF 11.2 22 28 6.6 +2.1
EFAD ProShares MSCI EAFE Dividend Growers ETF 10.8 50 0 5.3 +0.8
FLEE Franklin FTSE Europe ETF 10.7 9 41 7.2 +2.7
DMXF iShares ESG Advanced MSCI EAFE ETF 10.5 12 38 5.5 +1.1
IGRO iShares International Dividend Growth ETF 10.4 15 35 7.5 +3.1
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 10.3 20 30 6.5 +2.0
EFV iShares MSCI EAFE Value ETF 9.9 34 16 9.4 +5.0
LVHI Franklin International Low Volatility High Dividend Index ET 9.9 40 10 10.1 +5.6
IMTM iShares MSCI Intl Momentum Factor ETF 9.8 30 20 6.3 +1.8
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 9.8 12 38 5.9 +1.4
ESGD iShares ESG Aware MSCI EAFE ETF 9.8 20 30 6.9 +2.5
EFA iShares MSCI EAFE ETF 9.5 35 15 6.9 +2.4
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 9.5 80 -30 5.6 +1.1
STXI Strive International Developed Markets ETF 9.5 29 21 6.9 +2.4
DIVI Franklin International Core Dividend Tilt Index ETF 9.2 9 41 8.1 +3.6
EFG iShares MSCI EAFE Growth ETF 9.2 36 14 4.5 +0.0
DOL WisdomTree International LargeCap Dividend Fund 9.1 48 2 7.9 +3.4
PATN Pacer Nasdaq International Patent Leaders ETF 8.8 65 -15 6.5 +2.0
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 8.5 65 -15 4.3 -0.2
IQDY FlexShares International Quality Dividend Dynamic Index Fund 8.3 47 3 9.4 +4.9
IQSI IQ Candriam International Equity ETF 8.3 15 35 6.6 +2.1
FID First Trust S&P International Dividend Aristocrats ETF 8.3 60 -10 9.0 +4.5
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 8.2 32 18 6.0 +1.5
IQDG WisdomTree International Quality Dividend Growth Fund 8.2 42 8 6.8 +2.3
IEFA iShares Core MSCI EAFE ETF 8.2 7 43 7.1 +2.7
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 8.1 58 -8 6.4 +1.9
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 8.1 20 30 6.9 +2.4
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 8.1 14 36 6.2 +1.7
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 8.1 36 14 6.6 +2.1
JHMD John Hancock Multifactor Developed International ETF 7.9 39 11 7.8 +3.3
IXJ iShares Global Healthcare ETF 7.7 42 8 6.5 +2.1
JIRE JPMorgan International Research Enhanced Equity ETF 7.5 24 26 7.1 +2.6
RFDI First Trust Riverfront Dynamic Developed International ETF 7.5 83 -33 10.0 +5.5
HFXI IQ FTSE International Equity Currency Neutral ETF 7.5 20 30 7.1 +2.6
NUDM Nuveen ESG International Developed Markets Equity ETF 7.4 31 19 6.7 +2.2
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 7.4 40 10 7.9 +3.4
DWM WisdomTree International Equity Fund 7.4 48 2 8.0 +3.5
IDEV iShares Core MSCI International Developed Markets ETF 7.3 4 46 7.1 +2.6
DFIV Dimensional International Value ETF 7.3 27 23 10.0 +5.5
VYMI Vanguard International High Dividend Yield ETF 7.2 22 28 9.8 +5.3
INTF iShares International Equity Factor ETF 7.2 15 35 8.2 +3.7
DWMF WisdomTree International Multifactor Fund 7.2 38 12 7.4 +3.0
GSID Goldman Sachs MarketBeta International Equity ETF 7.1 20 30 7.0 +2.5
DIHP Dimensional International High Profitability ETF 7.0 29 21 7.6 +3.2
DTAN Sparkline International Intangible Value ETF 6.9 55 -5 9.2 +4.7
VEA Vanguard FTSE Developed Markets ETF 6.8 5 45 7.3 +2.8
SPDW SPDR Portfolio Developed World ex-US ETF 6.8 3 47 7.2 +2.7
GSIE Goldman Sachs ActiveBeta International Equity ETF 6.8 25 25 7.2 +2.7
WDIV SPDR S&P Global Dividend ETF 6.7 40 10 9.4 +4.9
AGNG Global X Aging Population ETF 6.6 50 0 4.2 -0.3
FENI Fidelity Enhanced International ETF 6.6 28 22 8.1 +3.6
IDMO Invesco S&P International Developed Momentum ETF 6.5 25 25 5.9 +1.4
IQDF FlexShares International Quality Dividend Index Fund 6.5 47 3 12.9 +8.4
BKIE BNY Mellon International Equity ETF 6.4 4 46 7.1 +2.6
AIVI WisdomTree International AI Enhanced Value Fund 6.4 58 -8 8.5 +4.0
TPIF Timothy Plan International ETF 6.3 62 -12 6.8 +2.3
VWID Virtus WMC International Dividend ETF 6.0 49 1 9.6 +5.1
DFAI Dimensional International Core Equity Market ETF 6.0 18 32 7.3 +2.8
WWJD Inspire International ETF 5.9 80 -30 7.3 +2.8
CIL VictoryShares International Volatility Wtd ETF 5.9 45 5 7.0 +2.5
ACWX iShares MSCI ACWI ex U.S. ETF 5.9 34 16 7.0 +2.5
CWI SPDR MSCI ACWI ex-US ETF 5.9 30 20 6.9 +2.5
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 5.8 51 -1 7.1 +2.6
CGIE Capital Group International Equity ETF 5.8 54 -4 4.9 +0.5
MXI iShares Global Materials ETF 5.8 41 9 7.0 +2.5
THNR Amplify Weight Loss Drug & Treatment ETF 5.8 59 -9 5.2 +0.7
SHPP Pacer Industrials and Logistics ETF 5.7 60 -10 9.9 +5.4
RSHO Tema American Reshoring ETF 5.7 75 -25 3.4 -1.1
IQDE FlexShares International Quality Dividend Defensive Index ET 5.6 47 3 14.8 +10.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 5.6 45 5 8.9 +4.5
VSGX Vanguard ESG International Stock ETF 5.5 12 38 6.8 +2.3
VEU Vanguard FTSE All-World ex-US Index Fund 5.5 8 42 7.3 +2.8
IDLV Invesco S&P International Developed Low Volatility ETF 5.4 25 25 6.2 +1.8
AVDE Avantis International Equity ETF 5.3 23 27 8.1 +3.6
HART IQ Healthy Hearts ETF 5.3 45 5 5.0 +0.5
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 5.2 41 9 7.4 +2.9
DWX SPDR S&P International Dividend ETF 5.1 45 5 6.5 +2.0
IVLU iShares MSCI Intl Value Factor ETF 5.1 30 20 11.4 +7.0
CEFA Global X S&P Catholic Values Developed ex-US ETF 5.1 35 15 6.6 +2.1
FPAG FPA Global Equity ETF 5.1 49 1 5.4 +0.9
IXUS iShares Core MSCI Total International Stock ETF 5.0 7 43 7.2 +2.7
FIVA Fidelity International Value Factor ETF 5.0 18 32 10.2 +5.8
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 5.0 80 -30 3.2 -1.3
VXUS Vanguard Total International Stock ETF 5.0 7 43 7.2 +2.7
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 4.9 58 -8 4.6 +0.1
IBOT Vaneck Robotics ETF 4.9 47 3 4.1 -0.4
BOTZ Global X Robotics & Artificial Intelligence ETF 4.9 69 -19 2.4 -2.1
OZEM Roundhill GLP-1 & Weight Loss ETF 4.9 59 -9 -0.8 -5.2
DFSI Dimensional International Sustainability Core 1 ETF 4.9 24 26 6.5 +2.0
DTH WisdomTree International High Dividend Fund 4.9 58 -8 10.1 +5.7
GXUS Goldman Sachs MarketBeta Total International Equity ETF 4.8 18 32 7.0 +2.5
KXI iShares Global Consumer Staples ETF 4.8 41 9 5.7 +1.2
DFIC Dimensional International Core Equity 2 ETF 4.7 23 27 7.7 +3.3
FDD First Trust Stoxx European Select Dividend Index Fund 4.7 58 -8 13.6 +9.1
FDEV Fidelity International Multifactor ETF 4.6 18 32 7.8 +3.3
AVSD Avantis Responsible International Equity ETF 4.6 23 27 7.1 +2.6
IDNA iShares Genomics Immunology and Healthcare ETF 4.5 47 3 -4.3 -8.8
RODM Hartford Multifactor Developed Markets (ex-US) ETF 4.5 29 21 8.6 +4.1
LUXX Roundhill S&P Global Luxury ETF 4.5 45 5 2.9 -1.6
FINE Themes European Luxury ETF 4.3 35 15 -2.3 -6.7
VIDI Vident International Equity Strategy ETF 4.3 61 -11 10.2 +5.7
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 4.3 39 11 7.4 +3.0
PAWZ ProShares Pet Care ETF 4.3 50 0 3.8 -0.7
QWLD SPDR MSCI World StrategicFactors ETF 4.2 30 20 5.9 +1.5
IDRV iShares Self-driving EV & Tech ETF 4.2 47 3 -0.4 -4.9
BINV Brandes International ETF 4.2 70 -20 8.5 +4.0
JIG JPMorgan International Growth ETF 4.2 55 -5 4.6 +0.2
MDEV First Trust Indxx Medical Devices ETF 4.1 70 -20 4.3 -0.2
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 4.1 39 11 7.5 +3.1
LUX Tema Luxury ETF 4.1 75 -25 3.0 -1.5
IQIN IQ 500 International ETF 4.0 25 25 9.2 +4.7
SCHY Schwab International Dividend Equity ETF 4.0 14 36 9.3 +4.9
IMOM Alpha Architect International Quantitative Momentum ETF 3.8 49 1 5.7 +1.2
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 3.6 42 8 8.1 +3.6
FIDI Fidelity International High Dividend ETF 3.6 18 32 10.9 +6.4
AADR AdvisorShares Dorsey Wright ADR ETF 3.6 110 -60 5.6 +1.1
MOTG VanEck Morningstar Global Wide Moat ETF 3.6 52 -2 5.6 +1.1
IPAV Global X Infrastructure Development ex-U.S. ETF 3.4 55 -5 9.7 +5.2
GSIB Themes Global Systemically Important Banks ETF 3.4 35 15 13.4 +9.0
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 3.3 24 26 8.7 +4.2
OSEA Harbor International Compounders ETF 3.3 55 -5 4.3 -0.2
QINT American Century Quality Diversified International ETF 3.3 39 11 7.7 +3.2
JGLO JPMorgan Global Select Equity ETF 3.2 33 17 4.5 -0.0
SCHF Schwab International Equity ETF 3.2 6 44 7.5 +3.0
IBAT iShares Energy Storage & Materials ETF 3.2 47 3 3.1 -1.4
BKCI BNY Mellon Concentrated International ETF 3.2 80 -30 4.2 -0.3
DIVS SmartETFs Dividend Builder ETF 3.2 65 -15 5.0 +0.6
DGT SPDR Global Dow ETF 3.1 50 0 6.8 +2.3
IOO iShares Global 100 ETF 3.1 41 9 4.8 +0.4
EATV VegTech Plant-based Innovation & Climate ETF 3.1 75 -25 2.1 -2.4
SDG iShares MSCI Global Sustainable Development Goals ETF 3.1 49 1 5.6 +1.2
DFAX Dimensional World ex U.S. Core Equity 2 ETF 3.1 30 20 8.0 +3.5
CID VictoryShares International High Div Volatility Wtd ETF 3.0 45 5 11.9 +7.4
IDV iShares International Select Dividend ETF 3.0 51 -1 12.2 +7.8
BLES Inspire Global Hope ETF 3.0 61 -11 6.4 +2.0
DIM WisdomTree International MidCap Dividend Fund 3.0 58 -8 7.7 +3.2
RODE Hartford Multifactor Diversified International ETF 2.9 29 21 11.8 +7.3
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 2.9 12 38 4.8 +0.3
IDOG ALPS International Sector Dividend Dogs ETF 2.8 50 0 12.8 +8.3
AVIV Avantis International Large Cap Value ETF 2.7 25 25 9.0 +4.5
GSFP Goldman Sachs Future Planet Equity ETF 2.7 75 -25 4.2 -0.2
EFAS Global X MSCI SuperDividend EAFE ETF 2.7 57 -7 10.3 +5.8
IXG iShares Global Financials ETF 2.6 42 8 6.2 +1.7
RGEF Rockefeller Global Equity ETF 2.6 55 -5 5.0 +0.5
TINT ProShares Smart Materials ETF 2.6 58 -8 6.4 +2.0
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 2.6 55 -5 2.9 -1.6
LEGR First Trust Indxx Innovative Transaction & Process ETF 2.5 65 -15 8.2 +3.7
KOKU Xtrackers MSCI Kokusai Equity ETF 2.5 9 41 5.2 +0.7
GDOC Goldman Sachs Future Health Care Equity ETF 2.5 75 -25 3.7 -0.8
AGQI First Trust Active Global Quality Income ETF 2.5 85 -35 5.9 +1.4
ISCF iShares International SmallCap Equity Factor ETF 2.5 23 27 9.1 +4.6
SNSR Global X Internet of Things ETF 2.4 68 -18 4.6 +0.2
TOK iShares MSCI Kokusai ETF 2.3 26 24 5.0 +0.6
ICOW Pacer Developed Markets International Cash Cows 100 ETF 2.3 65 -15 12.8 +8.3
DISV Dimensional International Small Cap Value ETF 2.3 42 8 9.1 +4.7
HTEC ROBO Global Healthcare Technology and Innovation ETF 2.3 68 -18 -0.1 -4.6
SAGP Strategas Global Policy Opportunities ETF 2.2 65 -15 5.3 +0.8
FGD First Trust Dow Jones Global Select Dividend Index Fund 2.2 56 -6 13.5 +9.0
URTH iShares MSCI World ETF 2.2 24 26 5.2 +0.7
OAIM OneAscent International Equity ETF 2.2 95 -45 5.1 +0.7
RAYD Rayliant Quantitative Developed Market Equity ETF 2.2 80 -30 3.8 -0.6
MOTI VanEck Morningstar International Moat ETF 2.2 58 -8 5.9 +1.4
ACWV iShares MSCI Global Min Vol Factor ETF 2.2 20 30 6.3 +1.9
KLMT Invesco MSCI Global Climate 500 ETF 2.1 10 40 5.4 +1.0
PSP Invesco Global Listed Private Equity ETF 2.1 106 -56 7.7 +3.2
EXI iShares Global Industrials ETF 2.1 42 8 4.5 +0.1
CANC Tema Oncology ETF 2.1 75 -25 -3.6 -8.1
JSTC Adasina Social Justice All Cap Global ETF 2.1 89 -39 4.9 +0.4
JPIN J.P. Morgan Diversified Return International Equity ETF 2.1 37 13 8.9 +4.4
ACWI iShares MSCI ACWI ETF 2.0 32 18 5.3 +0.8
ESGG FlexShares STOXX Global ESG Select Index Fund 2.0 42 8 5.1 +0.6
FNDF Schwab Fundamental International Large Co. Index ETF 1.9 25 25 9.9 +5.4
WRND IQ Global Equity R&D Leaders ETF 1.9 18 32 7.5 +3.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.9 9 41 5.4 +0.9
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 1.8 25 25 5.6 +1.1
DFIS Dimensional International Small Cap ETF 1.8 39 11 6.9 +2.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.8 20 30 5.2 +0.7
VT Vanguard Total World Stock ETF 1.8 7 43 5.5 +1.0
GCOW Pacer Global Cash Cows Dividend ETF 1.7 60 -10 12.5 +8.0
GLOF iShares Global Equity Factor ETF 1.7 20 30 7.0 +2.5
FEP First Trust Europe AlphaDEX Fund 1.6 80 -30 7.8 +3.3
RUNN Running Oak Efficient Growth ETF 1.5 58 -8 4.5 +0.0
DSTX Distillate International Fundamental Stability & Value ETF 1.5 55 -5 8.0 +3.5
DEW WisdomTree Global High Dividend Fund 1.5 58 -8 8.5 +4.0
LRGE ClearBridge Large Cap Growth ESG ETF 1.4 59 -9 3.5 -1.0
QTUM Defiance Quantum ETF 1.4 40 10 3.6 -0.9
EBLU Ecofin Global Water ESG Fund 1.4 40 10 4.9 +0.4
CGW Invesco S&P Global Water Index ETF 1.4 57 -7 4.4 -0.1
PIO Invesco Global Water ETF 1.4 75 -25 5.2 +0.7
IWTR iShares MSCI Water Management Multisector ETF 1.4 47 3 5.0 +0.5
FMED Fidelity Disruptive Medicine ETF 1.3 50 0 -0.4 -4.8
RXI iShares Global Consumer Discretionary ETF 1.3 41 9 5.4 +0.9
WDNA WisdomTree BioRevolution Fund 1.3 45 5 -3.8 -8.3
HRTS Tema GLP-1 Obesity & Cardiometabolic ETF 1.3 75 -25 -1.6 -6.1
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.3 61 -11 1.2 -3.3
FDHT Fidelity Digital Health ETF 1.3 39 11 -2.3 -6.8
HELX Franklin Genomic Advancements ETF 1.3 50 0 0.4 -4.1
KNO AXS Knowledge Leaders ETF 1.2 78 -28 4.9 +0.5
BNE Blue Horizon BNE ETF 1.2 87 -37 4.6 +0.1
JHID John Hancock International High Dividend ETF 1.1 46 4 11.3 +6.9
FPXE First Trust IPOX Europe Equity Opportunities ETF 1.1 70 -20 3.5 -1.0
FPXI First Trust International Equity Opportunities ETF 1.1 70 -20 4.9 +0.4
CGDG Capital Group Dividend Growers ETF 1.1 47 3 6.6 +2.1
KOCG FIS Knights of Columbus Global Belief ETF 1.0 75 -25 5.0 +0.5
PRNT 3D Printing ETF 1.0 66 -16 0.7 -3.8
CZAR Themes Natural Monopoly ETF 1.0 35 15 6.3 +1.8
TEMP JPMorgan Climate Change Solutions ETF 0.9 49 1 5.5 +1.0
DFNL Davis Select Financial ETF 0.9 63 -13 6.6 +2.1
DINT Davis Select International ETF 0.9 55 -5 6.0 +1.6
DWLD Davis Select Worldwide ETF 0.9 63 -13 6.7 +2.2
UIVM VictoryShares International Value Momentum ETF 0.9 35 15 11.0 +6.5
CACG ClearBridge All Cap Growth ESG ETF 0.9 54 -4 3.7 -0.8
EQIN Columbia US Equity Income ETF 0.9 35 15 8.3 +3.8
GINN Goldman Sachs Innovate Equity ETF 0.9 52 -2 2.8 -1.7
BMED Future Health ETF 0.8 85 -35 -0.2 -4.7
SUPL ProShares Supply Chain Logistics ETF 0.8 58 -8 14.2 +9.7
SEA U.S. Global Sea to Sky Cargo ETF 0.8 60 -10 21.5 +17.1
FNDC Schwab Fundamental International Small Co. Index ETF 0.8 39 11 7.2 +2.7
GLBL Pacer MSCI World Industry Advantage ETF 0.7 65 -15 4.7 +0.2
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.7 49 1 7.0 +2.5
CGXU Capital Group International Focus Equity ETF 0.7 54 -4 4.9 +0.4
CGGO Capital Group Global Growth Equity ETF 0.7 47 3 4.6 +0.1
GGME Invesco Next Gen Media and Gaming ETF 0.6 60 -10 3.5 -1.0
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.6 10 40 7.7 +3.2
IFGL iShares International Developed Real Estate ETF 0.6 48 2 6.9 +2.5
RWX SPDR Dow Jones International Real Estate ETF 0.6 59 -9 7.4 +2.9
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.6 12 38 8.3 +3.8
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.6 65 -15 0.2 -4.2
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.6 47 3 5.5 +1.0
RWO SPDR Dow Jones Global Real Estate ETF 0.6 50 0 6.1 +1.6
NXTG First Trust Indxx NextG ETF 0.6 70 -20 6.2 +1.8
APIE ActivePassive International Equity ETF 0.5 45 5 8.1 +3.6
XT iShares Exponential Technologies ETF 0.5 46 4 4.8 +0.3
ANEW ProShares MSCI Transformational Changes ETF 0.5 45 5 3.6 -0.9
GDVD R3 Global Dividend Growth ETF 0.5 88 -38 5.5 +1.0
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.5 75 -25 4.6 +0.1
BECO BlackRock Future Climate and Sustainable Economy ETF 0.5 70 -20 11.9 +7.5
CUT Invesco MSCI Global Timber ETF 0.5 61 -11 8.4 +3.9
GNR SPDR S&P Global Natural Resources ETF 0.5 40 10 9.7 +5.2
MVPS Amplify Thematic All-Stars ETF 0.5 49 1 2.7 -1.8
ERET iShares Environmentally Aware Real Estate ETF 0.4 30 20 6.5 +2.0
BPAY BlackRock Future Financial and Technology ETF 0.4 70 -20 8.2 +3.7
DTEC ALPS Disruptive Technologies ETF 0.4 50 0 3.7 -0.8
FINX Global X FinTech ETF 0.4 68 -18 2.6 -1.9
IXP iShares Global Comm Services ETF 0.3 42 8 5.1 +0.6
FAN First Trust Global Wind Energy ETF 0.3 60 -10 5.5 +1.1
ICLN iShares Global Clean Energy ETF 0.3 41 9 6.0 +1.5
RVRB Reverb ETF 0.3 30 20 4.7 +0.2
AIQ Global X Artificial Intelligence & Technology ETF 0.3 68 -18 4.0 -0.5
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.2 80 -30 9.1 +4.6
KNCT Invesco Next Gen Connectivity ETF 0.2 40 10 5.6 +1.1
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.2 45 5 5.7 +1.2
IXN iShares Global Tech ETF 0.1 41 9 4.5 +0.0
AVDV Avantis International Small Cap Value ETF 0.0 36 14 8.1 +3.7

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

  2019 2020 2021 2022 2023 2024E 2025E
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
  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 13.7 %
Divided by: Fwd. P/BV 2.8 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 4.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.70 CATEGORY
AVERAGE		 1.60
 
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.