iShares MSCI Malaysia ETF
ALTAR
Score™
5.8% info Recommen-
dation
AVOID
2020E    2021E
P/E
ratio
21.8x P/Sales
ratio
2.6x
P/BV
ratio
1.6x Div.
yield
2.9%


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

FUND BASICS
Category International Equities
Fund Sponsor Barclays Global Investors
Website www.ishares.com
Inception date Mar 18, 1996
Assets (mns) $321
Currency USD
Expense ratio 49 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 40
Wgt avg mkt cap (mns) $8,811
Large cap (>$10bn) 31.8%
Mid cap ($2-10bn) 65.0%
Small cap (<$2bn) 3.2%
Developed mkts 0.0%
Emerging mkts 100.0%

TOP TEN HOLDINGS
PUBLIC BANK BHD-FOREIGN MKT 10.6 %
TENAGA NASIONAL BHD 8.2 %
MALAYAN BANKING BHD 6.9 %
TOP GLOVE CORP BHD 4.8 %
HARTALEGA HOLDINGS BHD 4.4 %
CIMB GROUP HOLDINGS BHD 4.4 %
PETRONAS CHEMICALS GROUP BHD 3.5 %
PETRONAS GAS BHD 3.5 %
DIALOG GROUP BHD 3.4 %
DIGI.COM BHD 3.3 %
Total 52.9 %

TOP COUNTRY EXPOSURE
MALAYSIA 100.5 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-12.0% -12.8% -4.4% 0.8% 1.1%

Market Correlations
versus... Beta R-squared
S&P500 0.41 28%
MSCI EAFE 0.58 48%
MSCI Emg. Mkts. 0.48 51%

Technical Indicators
Recent close $26.94
30d moving avg. $24.21
Annualized volatility 13.2%
Short interest (ETF) 13.5%
Relative strength (RSI) 71

Liquidity measures
Avg. volume (thou.) 344
Turnover 2.9%
Bid/Ask (% of price) 0.09%
ADV underlying (mns) $220

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the iShares MSCI Malaysia ETF ETF based on the alternatives' overlap in portfolio holdings with EWM. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EWM Expense: 49 bp ALTAR Score™: 5.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EWM
Ticker Fund
Name
Overlap1
vs EWM
(%)
Expense
ratio
(bp)
Savings
vs EWM
(bp)
ALTAR
Score™
(%)
ALTAR
vs EWM
(%)
ASEA Global X Southeast Asia ETF 18.7 65 -16 9.8 +4.0
EELV Invesco S&P Emerging Markets Low Volatility ETF 11.0 29 20 9.9 +4.1
EDOG ALPS Emerging Sector Dividend Dogs ETF 9.7 60 -11 10.4 +4.6
CEZ VictoryShares Emerging Market Volatility Wtd Index ETF 8.3 50 -1 9.9 +4.1
KMED KraneShares Emerging Markets Healthcare Index ETF 8.1 79 -30 2.4 -3.4
EMFM Global X MSCI Next Emerging & Frontier ETF 7.3 55 -6 8.7 +2.8
PIE Invesco DWA Emerging Markets Momentum ETF 6.5 90 -41 5.7 -0.1
EMIF iShares Emerging Markets Infrastructure ETF 6.3 75 -26 7.8 +2.0
EDIV SPDR S&P Emerging Markets Dividend ETF 5.9 49 0 11.5 +5.6
EMMF WisdomTree Emerging Markets Multifactor Fund 5.8 48 1 9.9 +4.0
FDEM Fidelity Targeted Emerging Markets Factor ETF 5.7 45 4 9.7 +3.9
EEMV iShares Edge MSCI Min Vol Emerging Markets ETF 5.3 25 24 8.4 +2.6
XCEM Columbia EM Core ex-China ETF 5.0 16 33 7.8 +2.0
CEY VictoryShares Emerging Market High Dividend Volatility Wtd E 4.8 51 -2 13.4 +7.6
MXDE Nationwide Maximum Diversification Emerging Mkts Core Eq 4.4 64 -15 5.3 -0.5
OBOR KraneShares MSCI One Belt One Road Index ETF 4.1 79 -30 9.7 +3.8
ROAM Hartford Multifactor Emerging Markets ETF 4.0 44 5 14.8 +9.0
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 3.7 40 9 7.9 +2.0
SOIL Global X Fertilizers/Potash ETF 3.5 69 -20 5.2 -0.6
FTAG First Trust Indxx Global Agriculture ETF 3.3 70 -21 6.3 +0.5
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 3.2 45 4 9.0 +3.1
MOO VanEck Vectors Agribusiness ETF 3.2 54 -5 5.5 -0.3
ESGE iShares ESG MSCI EM ETF 3.1 25 24 9.7 +3.9
EMXC iShares MSCI Emerging Markets ex China ETF 3.1 49 0 8.4 +2.5
RNEM Emerging Markets Equity Select ETF 3.0 75 -26 10.4 +4.6
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 2.9 60 -11 8.4 +2.6
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 2.9 32 17 9.5 +3.7
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 2.8 30 19 9.4 +3.6
VEGI iShares MSCI Global Agriculture Producers ETF 2.8 39 10 5.9 +0.1
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 2.8 49 0 8.3 +2.4
BJK VanEck Vectors Gaming ETF 2.7 66 -17 5.3 -0.6
EEMA iShares MSCI Emerging Markets Asia ETF 2.7 50 -1 8.4 +2.6
GMF SPDR S&P Emerging Asia Pacific ETF 2.7 49 0 8.0 +2.1
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 2.6 20 29 7.6 +1.8
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 2.6 32 17 6.8 +1.0
SCHE Schwab Emerging Markets Equity ETF 2.4 13 36 8.7 +2.8
JHEM John Hancock Multifactor Emerging Markets ETF 2.4 55 -6 8.8 +3.0
FLAX Franklin FTSE Asia Ex Japan ETF 2.4 19 30 8.5 +2.6
PBEE Invesco PureBeta FTSE Emerging Markets ETF 2.4 14 35 9.5 +3.7
VWO Vanguard FTSE Emerging Markets ETF 2.2 10 39 8.8 +3.0
LVIN Hartford Multifactor Low Volatility International Equity ETF 2.2 29 20 12.2 +6.4
UEVM VictoryShares USAA MSCI Emerging Markets Value Momentum ETF 2.2 45 4 13.5 +7.7
DWX SPDR S&P International Dividend ETF 2.2 45 4 7.7 +1.9
FEM First Trust Emerging Markets AlphaDEX Fund 2.2 80 -31 11.8 +5.9
AAXJ iShares MSCI All Country Asia ex Japan ETF 2.1 68 -19 8.0 +2.1
ECOW Pacer Emerging Markets Cash Cows 100 ETF 2.1 70 -21 13.0 +7.2
GUNR Flexshares Morningstar Global Upstream Natural Resources 2.0 46 3 5.9 +0.1
DVYE iShares Emerging Markets Dividend ETF 2.0 49 0 13.0 +7.2
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 2.0 30 19 8.8 +2.9
NUEM Nuveen ESG Emerging Markets Equity ETF 1.9 45 4 7.8 +2.0
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 1.9 65 -16 8.4 +2.6
EEM iShares MSCI Emerging Markets ETF 1.9 68 -19 8.3 +2.4
DVEM WisdomTree Emerging Markets Dividend Fund 1.9 32 17 9.1 +3.2
AXJL WisdomTree Asia Pacific ex-Japan Fund 1.8 48 1 10.0 +4.2
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 1.8 49 0 9.0 +3.2
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 1.7 39 10 13.1 +7.3
IEMG iShares Core MSCI Emerging Markets ETF 1.7 14 35 8.7 +2.9
EMCG WisdomTree Emerging Markets Consumer Growth Fund 1.6 32 17 7.9 +2.1
SPEM SPDR Portfolio Emerging Markets ETF 1.5 11 38 8.6 +2.8
AVEM Avantis Emerging Markets Equity ETF 1.5 33 16 9.5 +3.7
DEM WisdomTree Emerging Markets High Dividend Fund 1.4 63 -14 14.2 +8.4
NXTG First Trust Indxx NextG ETF 1.4 70 -21 6.1 +0.2
VIDI Vident International Equity Fund 1.3 59 -10 11.3 +5.5
ISEM Invesco Strategic Emerging Markets ETF 1.3 35 14 10.3 +4.5
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 1.2 95 -46 10.1 +4.3
KEMQ Kraneshares Emerging Markets Consumer Technology Index ETF 1.1 80 -31 1.7 -4.1
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 1.1 59 -10 11.1 +5.2
HAP VanEck Vectors Natural Resources ETF 1.1 50 -1 6.2 +0.3
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.8 63 -14 13.2 +7.3
ACSG Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF 0.7 16 33 7.1 +1.3
PXH Invesco FTSE RAFI Emerging Markets ETF 0.7 50 -1 13.7 +7.9
EMGF iShares Edge MSCI Multifactor Emerging Markets ETF 0.7 45 4 10.0 +4.2
INFR Legg Mason Global Infrastructure ETF 0.7 40 9 6.0 +0.2
EEMO Invesco S&P Emerging Markets Momentum ETF 0.7 30 19 7.1 +1.3
VSGX Vanguard ESG International Stock ETF 0.6 17 32 7.4 +1.6
ACWV iShares Edge MSCI Min Vol Global ETF 0.6 20 29 5.9 +0.0
VEU Vanguard FTSE All-World ex-US Index Fund 0.6 8 41 7.7 +1.9
VYMI Vanguard International High Dividend Yield ETF 0.6 32 17 10.1 +4.3
BLES Inspire Global Hope Large Cap ETF 0.6 61 -12 6.2 +0.4
ACWX iShares MSCI ACWI ex U.S. ETF 0.5 32 17 7.5 +1.7
VXUS Vanguard Total International Stock Index Fund 0.5 8 41 7.7 +1.9
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.5 40 9 7.4 +1.6
IXUS ishares Core MSCI Total International Stock ETF 0.5 9 40 7.6 +1.7
EWX SPDR S&P Emerging Markets Small Cap ETF 0.4 65 -16 6.9 +1.1
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.4 47 2 6.4 +0.5
HDAW Xtrackers MSCI All World ex US High Dividend Yield Hedged 0.3 20 29 10.9 +5.1
CWI SPDR MSCI ACWI ex-US ETF 0.3 30 19 7.6 +1.8
VGFO Virtus WMC Global Factor Opportunities ETF 0.3 49 0 6.1 +0.3
DEW WisdomTree Global High Dividend Fund 0.3 58 -9 9.0 +3.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.3 20 29 6.3 +0.5
SDEM Global X SuperDividend Emerging Markets ETF 0.2 67 -18 22.6 +16.8
EEMD AAM S&P Emerging Markets High Dividend Value ETF 0.2 50 -1 20.8 +15.0
SDIV Global X SuperDividend ETF 0.2 58 -9 17.3 +11.5
IGRO iShares International Dividend Growth ETF 0.2 22 27 8.0 +2.2
VT Vanguard Total World Stock Index Fund 0.2 8 41 6.3 +0.4
LOWC SPDR MSCI ACWI Low Carbon Target ETF 0.2 20 29 6.4 +0.6
ACWI iShares MSCI ACWI ETF 0.2 32 17 6.0 +0.2
PICK iShares MSCI Global Metals & Mining Producers ETF 0.2 39 10 7.5 +1.7
IQDE FlexShares International Quality Dividend Defensive Index Fd 0.1 47 2 12.7 +6.9
VSS Vanguard FTSE All World (ex-US) Small Cap Index Fund 0.1 11 38 6.3 +0.5

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

  2015 2016 2017 2018 2019 2020E 2021E
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
  2019 2020E 2021E
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 Malaysia 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 9.8 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 49 bp
Equals: ALTAR Score 5.8 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.80 CATEGORY
AVERAGE
1.59
 
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.