iShares MSCI Switzerland ETF
ALTAR
Score™		 5.6% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 17.9x P/Sales
ratio		 2.5x
P/BV
ratio		 3.0x Div.
yield		 2.1%


  • 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) $1,570
Currency USD
Expense ratio 50 bp
Distributions Semi-annual

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian State Street Bank & Trust
Weighting Market Cap
Index replication Optimized
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 40
Wgt avg mkt cap (mns) $149,631
Large cap (>$10bn) 94.8%
Mid cap ($2-10bn) 3.7%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
NOVARTIS AG 14.6 %
ROCHE HOLDING LTD 14.2 %
NESTLE SA-REG 13.2 %
ZURICH FINANCIAL SERVICES AG 4.5 %
ABB LTD. 4.5 %
UBS GROUP AG 4.3 %
CIE FINANCIERE RICHEMON-BR A 4.1 %
SWISS RE AG 2.7 %
LONZA GROUP AG-REG 2.4 %
HOLCIM LTD-REG 2.2 %
Total 66.6 %

TOP COUNTRY EXPOSURE
SWITZERLAND 94.9 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
8.5% 28.2% 10.7% 11.0% 7.9%

Market Correlations
versus... Beta R-squared
S&P500 0.44 29%
MSCI EAFE 0.81 69%
MSCI Emg. Mkts. 0.52 35%

Technical Indicators
Recent close $59.54
30d moving avg. $62.73
Annualized volatility 15.9%
Short interest (ETF) 2.0%
Relative strength (RSI) 40

Liquidity measures
Avg. volume (thou.) 764
Turnover 2.9%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $2,166

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 264 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™: 5.6%


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
(%)
JIVE JPMorgan International Value ETF 31.3 55 -5 8.8 +3.2
FSZ First Trust Switzerland AlphaDEX Fund 30.1 80 -30 5.1 -0.5
IDHQ Invesco S&P International Developed High Quality ETF 18.5 29 21 5.7 +0.1
VIGI Vanguard International Dividend Appreciation ETF 17.1 10 40 6.2 +0.6
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 16.5 9 41 7.6 +2.0
IQLT iShares MSCI Intl Quality Factor ETF 15.1 30 20 5.6 +0.0
PIEL Pacer International Export Leaders ETF 14.9 60 -10 4.4 -1.2
IEV iShares Europe ETF 14.0 67 -17 6.0 +0.5
OEFA ALPS O’Shares International Developed Quality Dividend ETF 13.6 48 2 4.6 -1.0
EUDV ProShares MSCI Europe Dividend Growers ETF 13.4 55 -5 5.7 +0.1
FICS First Trust International Developed Capital Strength ETF 13.3 70 -20 6.7 +1.2
EUDG WisdomTree Europe Quality Dividend Growth Fund 13.1 58 -8 6.5 +0.9
UMMA Wahed Dow Jones Islamic World ETF 13.0 65 -15 4.0 -1.6
IGRO iShares International Dividend Growth ETF 12.9 15 35 6.9 +1.3
IEUR iShares Core MSCI Europe ETF 12.6 11 39 6.5 +1.0
VGK Vanguard FTSE Europe ETF 12.6 6 44 6.7 +1.2
QEFA SPDR MSCI EAFE StrategicFactors ETF 12.4 30 20 6.2 +0.6
SPEU SPDR Portfolio Europe ETF 12.2 7 43 6.6 +1.1
EUFN iShares MSCI Europe Financials ETF 11.8 51 -1 7.6 +2.0
IVSI Applied Finance IVS International LrgETF 11.7 65 -15 6.3 +0.7
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 11.7 32 18 5.3 -0.3
BBEU JPMorgan BetaBuilders Europe ETF 11.0 9 41 6.4 +0.8
DBEU Xtrackers MSCI Europe Hedged Equity ETF 11.0 46 4 5.7 +0.2
FLEE Franklin FTSE Europe ETF 10.9 9 41 6.5 +0.9
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 10.7 25 25 6.5 +1.0
EFAV iShares MSCI EAFE Min Vol Factor ETF 10.6 22 28 5.6 -0.0
DMXF iShares ESG Advanced MSCI EAFE ETF 10.5 12 38 5.2 -0.4
DIVI Franklin International Core Dividend Tilt Index ETF 10.5 9 41 6.8 +1.3
EFAD ProShares MSCI EAFE Dividend Growers ETF 10.2 50 0 5.8 +0.2
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 10.1 12 38 5.5 -0.1
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 9.9 20 30 5.8 +0.2
PATN Pacer Nasdaq International Patent Leaders ETF 9.8 65 -15 4.8 -0.8
EFG iShares MSCI EAFE Growth ETF 9.8 36 14 3.9 -1.7
TTAI FCF International Quality ETF 9.8 59 -9 6.6 +1.0
ESGD iShares ESG Aware MSCI EAFE ETF 9.7 20 30 6.0 +0.4
IXJ iShares Global Healthcare ETF 9.5 42 8 6.2 +0.6
STXI Strive International Developed Markets ETF 9.3 29 21 5.9 +0.3
EFA iShares MSCI EAFE ETF 9.1 35 15 5.9 +0.4
EFV iShares MSCI EAFE Value ETF 8.5 34 16 7.8 +2.2
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 8.4 65 -15 4.2 -1.3
IEFA iShares Core MSCI EAFE ETF 7.8 7 43 6.2 +0.7
IQSI IQ Candriam International Equity ETF 7.7 15 35 5.7 +0.2
FID First Trust S&P International Dividend Aristocrats ETF 7.7 60 -10 8.0 +2.4
DTAN Sparkline International Intangible Value ETF 7.7 55 -5 7.4 +1.9
RFDI First Trust Riverfront Dynamic Developed International ETF 7.7 83 -33 7.9 +2.3
INTF iShares International Equity Factor ETF 7.5 15 35 6.7 +1.1
NUDM Nuveen ESG International Developed Markets Equity ETF 7.5 31 19 5.8 +0.2
IMFL Invesco International Developed Dynamic Multifactor ETF 7.4 34 16 5.3 -0.3
PPIE Putnam PanAgora ESG International Equity ETF 7.4 49 1 6.6 +1.1
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 7.4 14 36 5.6 -0.0
INEQ Columbia International Equity Income ETF 7.4 45 5 7.8 +2.2
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 7.3 36 14 5.6 +0.0
JHMD John Hancock Multifactor Developed International ETF 7.3 39 11 6.4 +0.8
AIVI WisdomTree International AI Enhanced Value Fund 7.1 58 -8 6.5 +0.9
DOL WisdomTree International LargeCap Dividend Fund 7.0 48 2 5.9 +0.4
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 6.9 80 -30 3.7 -1.8
DIHP Dimensional International High Profitability ETF 6.9 29 21 5.8 +0.2
IDEV iShares Core MSCI International Developed Markets ETF 6.9 4 46 6.2 +0.6
HFXI IQ FTSE International Equity Currency Neutral ETF 6.9 20 30 6.0 +0.4
VYMI Vanguard International High Dividend Yield ETF 6.8 17 33 8.2 +2.7
FRGN Horizon International Equity ETF 6.8 75 -25 8.5 +2.9
FPXE First Trust IPOX Europe Equity Opportunities ETF 6.7 70 -20 4.2 -1.4
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 6.7 20 30 5.7 +0.2
GSID Goldman Sachs MarketBeta International Equity ETF 6.6 20 30 6.0 +0.5
GSIE Goldman Sachs ActiveBeta International Equity ETF 6.5 25 25 6.3 +0.8
FENI Fidelity Enhanced International ETF 6.4 28 22 6.0 +0.4
VEA Vanguard FTSE Developed Markets ETF 6.4 3 47 6.2 +0.7
SPDW SPDR Portfolio Developed World ex-US ETF 6.2 3 47 6.1 +0.6
LVHI Franklin International Low Volatility High Dividend Index ET 6.1 40 10 7.6 +2.0
JIRE JPMorgan International Research Enhanced Equity ETF 6.1 24 26 6.0 +0.5
IQDY FlexShares International Quality Dividend Dynamic Index Fund 6.1 47 3 7.8 +2.2
AGNG Global X Aging Population ETF 6.0 50 0 4.1 -1.5
VWID Virtus WMC International Dividend ETF 6.0 49 1 7.4 +1.9
HART IQ Healthy Hearts ETF 6.0 45 5 5.7 +0.1
DFIV Dimensional International Value ETF 6.0 27 23 8.0 +2.5
TPIF Timothy Plan International ETF 5.9 62 -12 5.6 +0.1
AVIV Avantis International Large Cap Value ETF 5.9 25 25 7.1 +1.6
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 5.9 80 -30 5.4 -0.1
ITOL Tema International Durable Quality ETF 5.9 60 -10 5.2 -0.4
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 5.9 40 10 5.8 +0.2
WDIV SPDR S&P Global Dividend ETF 5.9 40 10 9.3 +3.7
BKIE BNY Mellon International Equity ETF 5.9 4 46 6.2 +0.6
GCOW Pacer Global Cash Cows Dividend ETF 5.8 60 -10 9.1 +3.5
DWM WisdomTree International Equity Fund 5.8 48 2 5.8 +0.2
DFAI Dimensional International Core Equity Market ETF 5.7 18 32 6.2 +0.6
CWI SPDR MSCI ACWI ex-US ETF 5.6 30 20 6.7 +1.2
WWJD Inspire International ETF 5.5 80 -30 6.4 +0.9
FIDI Fidelity International High Dividend ETF 5.5 18 32 7.2 +1.7
ACWX iShares MSCI ACWI ex U.S. ETF 5.5 34 16 6.6 +1.1
CIL VictoryShares International Volatility Wtd ETF 5.4 45 5 5.7 +0.2
KXI iShares Global Consumer Staples ETF 5.3 41 9 5.1 -0.4
VSGX Vanguard ESG International Stock ETF 5.3 10 40 7.0 +1.4
SHPP Pacer Industrials and Logistics ETF 5.2 60 -10 7.3 +1.7
FIVA Fidelity International Value Factor ETF 5.2 18 32 7.7 +2.1
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 5.2 42 8 4.2 -1.4
THNR Amplify Weight Loss Drug & Treatment ETF 5.1 59 -9 5.6 +0.1
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 5.1 58 -8 3.7 -1.8
AQLT iShares MSCI Global Quality Factor ETF 5.1 18 32 0.0 -5.6
VEU Vanguard FTSE All-World ex-US Index Fund 5.0 4 46 7.0 +1.5
DFSI Dimensional International Sustainability Core 1 ETF 4.9 24 26 5.8 +0.2
FEOE First Eagle Overseas Equity ETF 4.9 79 -29 6.2 +0.7
IDLV Invesco S&P International Developed Low Volatility ETF 4.9 25 25 6.2 +0.6
CEFA Global X S&P Catholic Values Developed ex-US ETF 4.9 35 15 5.9 +0.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 4.8 45 5 7.1 +1.5
AGQI First Trust Active Global Quality Income ETF 4.8 85 -35 6.5 +1.0
FDEV Fidelity International Multifactor ETF 4.8 18 32 7.1 +1.6
AVDE Avantis International Equity ETF 4.7 23 27 6.4 +0.8
IXUS iShares Core MSCI Total International Stock ETF 4.7 7 43 6.9 +1.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 4.7 41 9 6.3 +0.8
VXUS Vanguard Total International Stock ETF 4.7 5 45 6.9 +1.4
AVSD Avantis Responsible International Equity ETF 4.7 23 27 6.2 +0.6
IMTM iShares MSCI Intl Momentum Factor ETF 4.7 30 20 4.9 -0.7
SDG iShares MSCI Global Sustainable Development Goals ETF 4.6 49 1 4.7 -0.8
DTH WisdomTree International High Dividend Fund 4.6 58 -8 7.4 +1.9
FINE Themes European Luxury ETF 4.6 35 15 3.7 -1.9
PAWZ ProShares Pet Care ETF 4.5 50 0 3.8 -1.7
DWMF WisdomTree International Multifactor Fund 4.5 38 12 6.6 +1.1
IBOT Vaneck Robotics ETF 4.5 47 3 3.7 -1.8
BOTZ Global X Robotics & Artificial Intelligence ETF 4.5 69 -19 2.0 -3.6
CANC Tema Oncology ETF 4.5 75 -25 -2.5 -8.0
IDRV iShares Self-driving EV & Tech ETF 4.4 47 3 1.4 -4.2
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 4.4 58 -8 5.5 -0.0
DFIC Dimensional International Core Equity 2 ETF 4.3 23 27 6.4 +0.8
GXUS Goldman Sachs MarketBeta Total International Equity ETF 4.2 18 32 6.6 +1.1
BKCI BNY Mellon Concentrated International ETF 4.1 80 -30 5.0 -0.6
BINV Brandes International ETF 4.1 70 -20 8.7 +3.1
SCHY Schwab International Dividend Equity ETF 4.0 14 36 8.3 +2.7
OZEM Roundhill GLP-1 & Weight Loss ETF 4.0 59 -9 5.1 -0.4
FPXI First Trust International Equity Opportunities ETF 4.0 70 -20 4.2 -1.3
IQDG WisdomTree International Quality Dividend Growth Fund 3.9 42 8 5.9 +0.3
BMED Future Health ETF 3.9 85 -35 1.2 -4.4
DWX SPDR S&P International Dividend ETF 3.9 45 5 6.7 +1.2
IVLU iShares MSCI Intl Value Factor ETF 3.9 30 20 8.4 +2.9
QWLD SPDR MSCI World StrategicFactors ETF 3.9 30 20 5.3 -0.3
IDNA iShares Genomics Immunology and Healthcare ETF 3.8 47 3 -0.3 -5.8
KNO AXS Knowledge Leaders ETF 3.8 78 -28 4.5 -1.0
FEGE First Eagle Global Equity ETF 3.8 79 -29 6.1 +0.5
MDEV First Trust Indxx Medical Devices ETF 3.7 70 -20 4.9 -0.7
SAGP Strategas Global Policy Opportunities ETF 3.6 65 -15 4.7 -0.8
IQDF FlexShares International Quality Dividend Index Fund 3.6 47 3 7.9 +2.4
RSHO Tema American Reshoring ETF 3.6 75 -25 4.0 -1.6
HRTS Tema Heart & Health ETF 3.5 75 -25 2.9 -2.7
DGT State Street SPDR Global Dow ETF 3.5 50 0 6.0 +0.4
DIVS SmartETFs Dividend Builder ETF 3.5 65 -15 4.5 -1.0
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 3.4 39 11 7.2 +1.6
RODM Hartford Multifactor Developed Markets (ex-US) ETF 3.4 29 21 7.1 +1.6
DXIV Dimensional International Vector Equity ETF 3.4 34 16 6.7 +1.2
MXI iShares Global Materials ETF 3.3 41 9 6.1 +0.5
IBAT iShares Energy Storage & Materials ETF 3.3 47 3 2.0 -3.6
OSEA Harbor International Compounders ETF 3.3 55 -5 4.2 -1.4
QINT American Century Quality Diversified International ETF 3.2 39 11 6.9 +1.3
IOO iShares Global 100 ETF 3.2 41 9 4.1 -1.4
JIG JPMorgan International Growth ETF 3.2 55 -5 3.8 -1.8
XT iShares Exponential Technologies ETF 3.2 46 4 4.3 -1.3
SCHF Schwab International Equity ETF 3.0 6 44 6.3 +0.7
GSIB Themes Global Systemically Important Banks ETF 3.0 35 15 9.7 +4.1
FPAG FPA Global Equity ETF 3.0 49 1 6.1 +0.6
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 2.9 39 11 6.3 +0.7
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 2.9 12 38 4.7 -0.9
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 2.8 58 -8 7.7 +2.1
VOLT Tema Electrification ETF 2.8 75 -25 2.7 -2.9
BLES Inspire Global Hope ETF 2.8 61 -11 6.0 +0.4
LEGR First Trust Indxx Innovative Transaction & Process ETF 2.7 65 -15 7.9 +2.3
JHID John Hancock International High Dividend ETF 2.6 46 4 8.1 +2.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 2.6 30 20 6.6 +1.1
IXG iShares Global Financials ETF 2.6 42 8 6.6 +1.1
GLOF iShares Global Equity Factor ETF 2.5 20 30 5.9 +0.4
FDD First Trust Stoxx European Select Dividend Index Fund 2.5 58 -8 10.4 +4.8
GLBL Pacer MSCI World Industry Advantage ETF 2.5 65 -15 3.7 -1.8
TOK iShares MSCI Kokusai ETF 2.4 26 24 4.5 -1.0
DIM WisdomTree International MidCap Dividend Fund 2.4 58 -8 6.4 +0.9
GDOC Goldman Sachs Future Health Care Equity ETF 2.4 75 -25 1.0 -4.6
KLMT Invesco MSCI Global Climate 500 ETF 2.3 10 40 5.3 -0.3
URTH iShares MSCI World ETF 2.3 24 26 4.6 -1.0
DEW WisdomTree Global High Dividend Fund 2.3 58 -8 7.4 +1.8
KOKU Xtrackers MSCI Kokusai Equity ETF 2.3 9 41 4.6 -0.9
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 2.2 24 26 6.9 +1.4
HTEC ROBO Global Healthcare Technology and Innovation ETF 2.2 68 -18 2.6 -3.0
IPAV Global X Infrastructure Development ex-U.S. ETF 2.2 55 -5 6.1 +0.5
MOTG VanEck Morningstar Global Wide Moat ETF 2.2 52 -2 7.6 +2.1
EXI iShares Global Industrials ETF 2.2 42 8 3.7 -1.9
JDOC JPMorgan Healthcare Leaders ETF 2.1 65 -15 3.5 -2.1
CGDG Capital Group Dividend Growers ETF 2.1 47 3 5.2 -0.4
DFIS Dimensional International Small Cap ETF 2.1 39 11 6.4 +0.8
MOTI VanEck Morningstar International Moat ETF 2.0 58 -8 9.5 +4.0
ACWI iShares MSCI ACWI ETF 2.0 32 18 5.0 -0.6
SNSR Global X Internet of Things ETF 2.0 68 -18 4.2 -1.4
ISCF iShares International SmallCap Equity Factor ETF 2.0 23 27 7.4 +1.8
CGW Invesco S&P Global Water Index ETF 2.0 57 -7 4.4 -1.2
PIO Invesco Global Water ETF 2.0 75 -25 4.3 -1.3
TBLU Tortoise Global Water ESG ETF 2.0 40 10 4.4 -1.2
GEW Cambria Global EW ETF 2.0 29 21 5.6 -0.0
ICOW Pacer Developed Markets International Cash Cows 100 ETF 2.0 65 -15 7.9 +2.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 2.0 20 30 5.0 -0.5
IDMO Invesco S&P International Developed Momentum ETF 1.9 25 25 5.4 -0.2
JPIN J.P. Morgan Diversified Return International Equity ETF 1.9 37 13 7.2 +1.6
IMOM Alpha Architect International Quantitative Momentum ETF 1.9 49 1 4.3 -1.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.9 9 41 5.2 -0.4
IDV iShares International Select Dividend ETF 1.9 51 -1 9.2 +3.6
ACWV iShares MSCI Global Min Vol Factor ETF 1.9 20 30 5.6 +0.1
CGGO Capital Group Global Growth Equity ETF 1.9 47 3 4.5 -1.1
FNDF Schwab Fundamental International Large Co. Index ETF 1.8 25 25 7.8 +2.3
VIDI Vident International Equity Strategy ETF 1.8 61 -11 8.7 +3.1
DISV Dimensional International Small Cap Value ETF 1.8 42 8 8.5 +2.9
RUNN Running Oak Efficient Growth ETF 1.8 58 -8 4.7 -0.8
VT Vanguard Total World Stock ETF 1.8 6 44 5.3 -0.3
ESGG FlexShares STOXX Global ESG Select Index Fund 1.8 42 8 4.5 -1.1
RGEF Rockefeller Global Equity ETF 1.8 55 -5 4.1 -1.5
RXI iShares Global Consumer Discretionary ETF 1.7 41 9 8.0 +2.5
EFAS Global X MSCI SuperDividend EAFE ETF 1.6 57 -7 7.5 +2.0
DSTX Distillate International Fundamental Stability & Value ETF 1.6 55 -5 6.6 +1.1
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 1.6 25 25 5.7 +0.2
WDNA WisdomTree BioRevolution Fund 1.5 45 5 -2.4 -7.9
TINT ProShares Smart Materials ETF 1.5 58 -8 6.1 +0.6
CGIE Capital Group International Equity ETF 1.5 54 -4 4.7 -0.9
QTUM Defiance Quantum ETF 1.4 40 10 4.9 -0.7
EBLU Ecofin Global Water ESG Fund 1.4 40 10 4.4 -1.1
PSP Invesco Global Listed Private Equity ETF 1.4 106 -56 6.9 +1.3
GPZ VanEck Alternative Asset Manager ETF 1.4 40 10 5.5 -0.1
AAUM Tema Alternative Asset Managers ETF 1.4 99 -49 5.4 -0.1
FFND Future Fund Active ETF 1.4 100 -50 4.5 -1.0
FMED Fidelity Disruptive Medicine ETF 1.3 50 0 -1.2 -6.8
CGXU Capital Group International Focus Equity ETF 1.1 54 -4 4.2 -1.3
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.1 56 -6 10.0 +4.4
JGLO JPMorgan Global Select Equity ETF 1.1 33 17 4.4 -1.1
UIVM VictoryShares International Value Momentum ETF 1.1 35 15 8.4 +2.8
GINN Goldman Sachs Innovate Equity ETF 1.0 52 -2 4.0 -1.6
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.0 61 -11 1.5 -4.1
DFNL Davis Select Financial ETF 1.0 63 -13 7.8 +2.3
DINT Davis Select International ETF 1.0 55 -5 6.2 +0.7
DWLD Davis Select Worldwide ETF 1.0 63 -13 6.9 +1.3
RCGE RockCreek Global Equality ETF 1.0 95 -45 6.3 +0.7
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.0 10 40 8.1 +2.5
IFGL iShares International Developed Real Estate ETF 1.0 48 2 7.0 +1.4
RWX SPDR Dow Jones International Real Estate ETF 1.0 59 -9 6.9 +1.3
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.0 12 38 8.2 +2.7
ERET iShares Environmentally Aware Real Estate ETF 1.0 30 20 6.8 +1.3
CZAR Themes Natural Monopoly ETF 0.9 35 15 5.4 -0.2
FNDC Schwab Fundamental International Small Co. Index ETF 0.9 39 11 7.0 +1.5
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.9 65 -15 1.6 -4.0
RWO SPDR Dow Jones Global Real Estate ETF 0.9 50 0 6.4 +0.8
JSTC Adasina Social Justice All Cap Global ETF 0.9 89 -39 4.7 -0.8
SUPL ProShares Supply Chain Logistics ETF 0.8 58 -8 8.1 +2.6
IDOG ALPS International Sector Dividend Dogs ETF 0.8 50 0 9.5 +3.9
PRNT 3D Printing ETF 0.7 66 -16 1.4 -4.1
FEP First Trust Europe AlphaDEX Fund 0.7 80 -30 7.1 +1.6
GGME Invesco Next Gen Media and Gaming ETF 0.7 60 -10 4.9 -0.6
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.7 49 1 6.2 +0.6
NXTG First Trust Indxx NextG ETF 0.7 70 -20 4.6 -0.9
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.6 47 3 4.9 -0.6
GINX SGI Enhanced Global Income ETF 0.5 98 -48 6.9 +1.4
IXP iShares Global Comm Services ETF 0.5 42 8 5.5 -0.0
CCNR ALPS CoreCommodity Natural Resources ETF 0.5 39 11 8.1 +2.5
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.4 80 -30 7.0 +1.4
ANEW ProShares MSCI Transformational Changes ETF 0.4 45 5 4.6 -1.0
SRVR Pacer Data & Infrastructure Real Estate ETF 0.4 55 -5 3.8 -1.8
FAN First Trust Global Wind Energy ETF 0.4 60 -10 2.9 -2.7
ICLN iShares Global Clean Energy ETF 0.4 41 9 1.9 -3.7
APIE ActivePassive International Equity ETF 0.2 45 5 6.6 +1.0
RVRB Reverb ETF 0.2 30 20 4.1 -1.4
KNCT Invesco Next Gen Connectivity ETF 0.2 40 10 3.9 -1.7
POW VistaShares Electrification Supercycle ETF 0.2 75 -25 2.4 -3.2
IXN iShares Global Tech ETF 0.1 41 9 3.3 -2.3
EBI Longview Advantage ETF 0.0 35 15 6.3 +0.7

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

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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 Switzerland ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 17.9 %
Divided by: Fwd. P/BV 3.0 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 5.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.77 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.