iShares MSCI Singapore ETF
ALTAR
Score™		 4.1% info Recommen-
dation		 AVOID
2024E    2025E
P/E
ratio		 12.1x P/Sales
ratio		 1.9x
P/BV
ratio		 1.3x Div.
yield		 4.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares MSCI Singapore Index Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Singaporean equity market, as measured by the MSCI Singapore Index.

FUND BASICS
Category International Equities
Fund Sponsor Barclays Global Investors
Website www.ishares.com
Inception date Mar 12, 1996
Assets (mns) $437
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 22
Wgt avg mkt cap (mns) $32,568
Large cap (>$10bn) 68.4%
Mid cap ($2-10bn) 29.7%
Small cap (<$2bn) 1.9%
Developed mkts 94.6%
Emerging mkts 5.4%

TOP TEN HOLDINGS
DBS GROUP HOLDINGS LTD 19.5 %
OVERSEA-CHINESE BANKING CORP 14.7 %
UNITED OVERSEAS BANK LTD 11.8 %
SEA LTD. (SINGAPORE) SPONSORED ADR 5.7 %
SINGAPORE TELECOMMUNICATIONS LIMIT 4.6 %
KEPPEL CORP LTD 4.3 %
ASCENDAS REAL ESTATE INV TRT 4.0 %
SINGAPORE AIRLINES LTD 3.9 %
GRAB HOLDINGS LTD. (SINGAPORE) CLA 3.8 %
SINGAPORE EXCHANGE LTD 3.4 %
Total 75.5 %

TOP COUNTRY EXPOSURE
SINGAPORE 100.0 %










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.
-4.9% -4.4% -1.3% 0.2% 2.0%

Market Correlations
versus... Beta R-squared
S&P500 0.63 47%
MSCI EAFE 0.79 69%
MSCI Emg. Mkts. 0.74 64%

Technical Indicators
Recent close $18.91
30d moving avg. $18.12
Annualized volatility 16.4%
Short interest (ETF) 2.6%
Relative strength (RSI) 55

Liquidity measures
Avg. volume (thou.) 646
Turnover 2.8%
Bid/Ask (% of price) 0.06%
ADV underlying (mns) $713

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 216 potential alternatives to the iShares MSCI Singapore ETF ETF based on the alternatives' overlap in portfolio holdings with EWS. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

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


ALTERNATIVE ETFs BASED ON OVERLAP WITH EWS
Ticker Fund
Name		 Overlap1
vs EWS
(%)		 Expense
ratio
(bp)		 Savings
vs EWS
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EWS
(%)
ASEA Global X FTSE Southeast Asia ETF 37.6 65 -15 6.4 +2.4
DVYA iShares Asia/Pacific Dividend ETF 17.0 49 1 9.1 +5.1
EPP iShares MSCI Pacific ex-Japan ETF 12.7 47 3 5.3 +1.3
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 10.3 80 -30 5.3 +1.3
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 10.0 19 31 5.8 +1.8
OBOR KraneShares MSCI One Belt One Road Index ETF 9.5 79 -29 10.4 +6.3
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 8.5 80 -30 9.9 +5.9
ADIV SmartETFs Asia Pacific Dividend Builder ETF 8.2 78 -28 9.0 +4.9
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 8.1 86 -36 1.9 -2.1
EMFQ Amplify Emerging Markets FinTech ETF 7.4 69 -19 5.4 +1.4
LVHI Franklin International Low Volatility High Dividend Index ET 7.3 40 10 10.1 +6.0
GVAL Cambria Global Value ETF 6.9 68 -18 12.3 +8.3
RWX SPDR Dow Jones International Real Estate ETF 6.1 59 -9 7.0 +3.0
EBIZ Global X E-Commerce ETF 5.7 50 0 1.1 -2.9
DINT Davis Select International ETF 5.5 55 -5 4.8 +0.7
CID VictoryShares International High Div Volatility Wtd ETF 5.4 45 5 9.4 +5.4
IDLV Invesco S&P International Developed Low Volatility ETF 5.0 25 25 5.8 +1.7
VIDI Vident International Equity Strategy ETF 4.9 61 -11 11.9 +7.9
VWID Virtus WMC International Dividend ETF 4.9 49 1 9.3 +5.3
AIA iShares Asia 50 ETF 4.8 50 0 7.0 +2.9
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 4.7 60 -10 1.0 -3.1
JHID John Hancock International High Dividend ETF 4.6 46 4 11.4 +7.3
ESPO VanEck Video Gaming and eSports ETF 4.6 56 -6 4.5 +0.5
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 4.5 9 41 9.8 +5.7
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 4.5 32 18 6.6 +2.6
IFGL iShares International Developed Real Estate ETF 4.3 48 2 6.8 +2.8
EFAV iShares MSCI EAFE Min Vol Factor ETF 4.2 22 28 6.2 +2.1
DWLD Davis Select Worldwide ETF 4.1 63 -13 5.6 +1.6
DFNL Davis Select Financial ETF 3.9 63 -13 6.8 +2.7
OND ProShares On-Demand ETF 3.8 58 -8 -2.5 -6.5
WPS iShares International Developed Property ETF 3.8 48 2 7.1 +3.0
AAXJ iShares MSCI All Country Asia ex Japan ETF 3.6 70 -20 6.4 +2.3
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 3.5 86 -36 2.0 -2.1
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 3.4 10 40 8.0 +4.0
BCDF Horizon Kinetics Blockchain Development ETF 3.4 85 -35 -0.7 -4.8
AIVI WisdomTree International AI Enhanced Value Fund 3.3 58 -8 8.0 +3.9
IPAC iShares Core MSCI Pacific ETF 3.2 9 41 6.6 +2.6
BKCI BNY Mellon Concentrated International ETF 3.2 80 -30 5.2 +1.1
INFL Horizon Kinetics Inflation Beneficiaries ETF 3.1 85 -35 4.8 +0.8
DWMF WisdomTree International Multifactor Fund 3.1 38 12 7.2 +3.2
FTAG First Trust Indxx Global Agriculture ETF 3.1 70 -20 9.1 +5.0
VNQI Vanguard Global ex-U.S. Real Estate ETF 3.1 12 38 8.6 +4.5
DTH WisdomTree International High Dividend Fund 3.0 58 -8 10.1 +6.0
DWX SPDR S&P International Dividend ETF 2.9 45 5 7.1 +3.0
JPIN J.P. Morgan Diversified Return International Equity ETF 2.9 37 13 8.6 +4.6
FLAX Franklin FTSE Asia Ex Japan ETF 2.9 19 31 7.2 +3.2
TPIF Timothy Plan International ETF 2.8 62 -12 6.7 +2.6
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 2.8 20 30 10.7 +6.7
WTRE WisdomTree New Economy Real Estate Fund 2.8 58 -8 5.0 +0.9
ERET iShares Environmentally Aware Real Estate ETF 2.6 30 20 7.2 +3.2
KOIN Capital Link Global Fintech Leaders ETF 2.6 75 -25 4.6 +0.5
ERTH Invesco MSCI Sustainable Future ETF 2.5 62 -12 3.7 -0.4
BJK VanEck Gaming ETF 2.5 65 -15 1.8 -2.3
VPL Vanguard FTSE Pacific ETF 2.5 8 42 6.9 +2.8
ONLN ProShares Online Retail ETF 2.5 58 -8 3.0 -1.1
MILN Global X Millennial Consumer ETF 2.4 50 0 2.4 -1.7
SCHY Schwab International Dividend Equity ETF 2.4 14 36 9.2 +5.1
ISZE iShares MSCI Intl Size Factor ETF 2.3 30 20 6.5 +2.5
MOO VanEck Agribusiness ETF 2.3 53 -3 9.3 +5.3
DTRE First Trust Alerian Disruptive Technology Real Estate ETF 2.2 60 -10 3.8 -0.2
DIVI Franklin International Core Dividend Tilt Index ETF 2.2 9 41 8.0 +3.9
CRUZ Defiance Hotel Airline and Cruise ETF 2.2 45 5 -4.9 -9.0
INDS Pacer Industrial Real Estate ETF 2.2 55 -5 6.1 +2.0
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 2.2 40 10 7.8 +3.7
METV Roundhill Ball Metaverse ETF 2.2 59 -9 3.3 -0.7
DOL WisdomTree International LargeCap Dividend Fund 2.1 48 2 7.7 +3.6
GDVD R3 Global Dividend Growth ETF 2.1 88 -38 5.8 +1.7
ICOW Pacer Developed Markets International Cash Cows 100 ETF 2.1 65 -15 12.7 +8.7
ODDS Pacer BlueStar Digital Entertainment ETF 2.1 60 -10 3.0 -1.1
CIL VictoryShares International Volatility Wtd ETF 2.1 45 5 6.8 +2.7
RODM Hartford Multifactor Developed Markets (ex-US) ETF 2.1 29 21 8.7 +4.7
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 2.0 51 -1 6.8 +2.7
FDNI First Trust Dow Jones International Internet ETF 2.0 65 -15 2.8 -1.3
DWM WisdomTree International Equity Fund 2.0 48 2 7.7 +3.7
IDOG ALPS International Sector Dividend Dogs ETF 2.0 50 0 11.5 +7.5
GQRE FlexShares Global Quality Real Estate Index Fund 1.9 45 5 6.8 +2.8
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.9 24 26 8.5 +4.4
FIDI Fidelity International High Dividend ETF 1.9 18 32 10.1 +6.0
MOTG VanEck Morningstar Global Wide Moat ETF 1.9 52 -2 5.8 +1.7
QEFA SPDR MSCI EAFE StrategicFactors ETF 1.9 30 20 6.8 +2.8
DIM WisdomTree International MidCap Dividend Fund 1.8 58 -8 7.6 +3.5
RWO SPDR Dow Jones Global Real Estate ETF 1.8 50 0 6.9 +2.8
DMXF iShares ESG Advanced MSCI EAFE ETF 1.8 12 38 5.3 +1.3
HAIL SPDR S&P Kensho Smart Mobility ETF 1.8 45 5 -2.0 -6.1
FDEV Fidelity International Multifactor ETF 1.7 18 32 7.5 +3.4
NUDM Nuveen ESG International Developed Markets Equity ETF 1.7 31 19 6.4 +2.3
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.7 80 -30 10.7 +6.6
AVRE Avantis Real Estate ETF 1.7 17 33 6.6 +2.6
IDX VanEck Indonesia Index ETF 1.6 57 -7 8.0 +3.9
RODE Hartford Multifactor Diversified International ETF 1.6 29 21 11.5 +7.5
IQRA IQ CBRE Real Assets ETF 1.6 65 -15 5.9 +1.8
CEFA Global X S&P Catholic Values Developed ex-US ETF 1.5 35 15 6.3 +2.3
GSIE Goldman Sachs ActiveBeta International Equity ETF 1.5 25 25 7.4 +3.3
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 1.5 39 11 7.6 +3.5
IQLT iShares MSCI Intl Quality Factor ETF 1.4 30 20 5.7 +1.6
GCOW Pacer Global Cash Cows Dividend ETF 1.4 60 -10 13.6 +9.5
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 1.4 20 30 6.2 +2.2
WWJD Inspire International ETF 1.4 80 -30 7.1 +3.0
UIVM VictoryShares International Value Momentum ETF 1.4 35 15 10.6 +6.5
REET iShares Global REIT ETF 1.4 14 36 7.1 +3.0
EFV iShares MSCI EAFE Value ETF 1.4 34 16 9.0 +5.0
ARKF ARK Fintech Innovation ETF 1.4 75 -25 -2.2 -6.2
JHMD John Hancock Multifactor Developed International ETF 1.4 39 11 7.3 +3.3
BLOK Amplify Transformational Data Sharing ETF 1.4 75 -25 1.1 -3.0
JIG JPMorgan International Growth ETF 1.3 55 -5 4.3 +0.2
EFA iShares MSCI EAFE ETF 1.3 35 15 6.3 +2.3
VYMI Vanguard International High Dividend Yield ETF 1.3 22 28 9.7 +5.6
EFG iShares MSCI EAFE Growth ETF 1.3 36 14 4.1 +0.0
INTF iShares International Equity Factor ETF 1.3 15 35 7.8 +3.7
IQSI IQ Candriam International Equity ETF 1.3 15 35 6.4 +2.3
DFGR Dimensional Global Real Estate ETF 1.3 22 28 7.0 +2.9
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 1.2 36 14 6.3 +2.3
GSID Goldman Sachs MarketBeta International Equity ETF 1.2 20 30 6.6 +2.6
ESGD iShares ESG Aware MSCI EAFE ETF 1.2 20 30 6.3 +2.2
IXG iShares Global Financials ETF 1.2 42 8 6.8 +2.7
FIVA Fidelity International Value Factor ETF 1.2 18 32 9.3 +5.2
ROOF IQ CBRE NextGen Real Estate ETF 1.2 60 -10 7.8 +3.8
GNR SPDR S&P Global Natural Resources ETF 1.2 40 10 9.3 +5.2
BITQ Bitwise Crypto Industry Innovators ETF 1.2 85 -35 -4.6 -8.6
IEFA iShares Core MSCI EAFE ETF 1.1 7 43 2.7 -1.4
TTAI FCF International Quality ETF 1.1 59 -9 7.3 +3.3
BKIE BNY Mellon International Equity ETF 1.1 4 46 6.8 +2.8
HFXI IQ FTSE International Equity Currency Neutral ETF 1.1 20 30 6.8 +2.7
MOTI VanEck Morningstar International Moat ETF 1.1 58 -8 6.9 +2.8
IDEV iShares Core MSCI International Developed Markets ETF 1.0 4 46 6.7 +2.6
KOCG FIS Knights of Columbus Global Belief ETF 1.0 75 -25 5.3 +1.2
AVIV Avantis International Large Cap Value ETF 1.0 25 25 8.8 +4.8
SPDW SPDR Portfolio Developed World ex-US ETF 1.0 3 47 6.9 +2.8
IBUY Amplify Online Retail ETF 1.0 65 -15 1.8 -2.3
VEGI iShares MSCI Agriculture Producers ETF 1.0 39 11 9.1 +5.1
JIRE JPMorgan International Research Enhanced Equity ETF 1.0 24 26 6.7 +2.6
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 1.0 80 -30 5.6 +1.5
QINT American Century Quality Diversified International ETF 1.0 39 11 7.4 +3.3
SCHF Schwab International Equity ETF 0.9 6 44 7.0 +2.9
AVDE Avantis International Equity ETF 0.9 23 27 7.8 +3.8
DIHP Dimensional International High Profitability ETF 0.9 29 21 6.9 +2.8
QQQJ Invesco NASDAQ Next Gen 100 ETF 0.9 15 35 4.7 +0.7
CWI SPDR MSCI ACWI ex-US ETF 0.9 30 20 6.8 +2.7
SDG iShares MSCI Global Sustainable Development Goals ETF 0.9 49 1 5.7 +1.7
ACWV iShares MSCI Global Min Vol Factor ETF 0.9 20 30 6.7 +2.6
DEW WisdomTree Global High Dividend Fund 0.9 58 -8 9.0 +5.0
QQQN VictoryShares Nasdaq Next 50 ETF 0.9 18 32 4.5 +0.5
VEA Vanguard FTSE Developed Markets ETF 0.9 5 45 6.9 +2.9
DFIV Dimensional International Value ETF 0.9 27 23 9.8 +5.7
ACWX iShares MSCI ACWI ex U.S. ETF 0.9 34 16 6.7 +2.6
GINN Goldman Sachs Innovate Equity ETF 0.8 52 -2 2.7 -1.4
JRNY ALPS Global Travel Beneficiaries ETF 0.8 65 -15 -0.0 -4.1
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.8 25 25 6.0 +2.0
VSGX Vanguard ESG International Stock ETF 0.8 12 38 6.8 +2.8
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.8 41 9 6.6 +2.6
IMFL Invesco International Developed Dynamic Multifactor ETF 0.8 34 16 10.5 +6.5
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.8 20 30 6.9 +2.8
PNQI Invesco NASDAQ Internet ETF 0.8 60 -10 2.5 -1.5
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.8 65 -15 8.4 +4.3
KOMP SPDR S&P Kensho New Economies Composite ETF 0.8 20 30 2.1 -2.0
RAYD Rayliant Quantitative Developed Market Equity ETF 0.8 80 -30 4.5 +0.4
DFAI Dimensional International Core Equity Market ETF 0.8 18 32 6.8 +2.8
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 0.7 20 30 5.4 +1.4
FNDC Schwab Fundamental International Small Co. Index ETF 0.7 39 11 6.8 +2.8
IXUS iShares Core MSCI Total International Stock ETF 0.7 7 43 6.9 +2.8
VEU Vanguard FTSE All-World ex-US Index Fund 0.7 8 42 7.2 +3.1
JSTC Adasina Social Justice All Cap Global ETF 0.7 89 -39 4.7 +0.7
BLES Inspire Global Hope ETF 0.7 61 -11 6.3 +2.2
ANEW ProShares MSCI Transformational Changes ETF 0.7 45 5 3.3 -0.8
HAP VanEck Natural Resources ETF 0.7 50 0 9.5 +5.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.7 39 11 7.3 +3.2
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.7 75 -25 5.2 +1.1
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 0.7 95 -45 11.5 +7.4
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.7 14 36 6.1 +2.1
TRFM AAM Transformers ETF 0.7 49 1 1.2 -2.8
IDHQ Invesco S&P International Developed High Quality ETF 0.6 29 21 5.7 +1.7
VXUS Vanguard Total International Stock ETF 0.6 7 43 7.1 +3.0
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.6 45 5 8.4 +4.4
WUGI AXS Esoterica NextG Economy ETF 0.6 75 -25 2.1 -1.9
IQDF FlexShares International Quality Dividend Index Fund 0.6 47 3 10.7 +6.6
DFIC Dimensional International Core Equity 2 ETF 0.6 23 27 7.4 +3.3
FNDF Schwab Fundamental International Large Co. Index ETF 0.6 25 25 9.0 +5.0
GBUY Goldman Sachs Future Consumer Equity ETF 0.6 75 -25 3.1 -1.0
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.6 49 1 6.6 +2.6
EMC Global X Emerging Markets Great Consumer ETF 0.6 75 -25 4.9 +0.8
QWLD SPDR MSCI World StrategicFactors ETF 0.5 30 20 6.0 +2.0
NXTG First Trust Indxx NextG ETF 0.5 70 -20 6.0 +2.0
DFSI Dimensional International Sustainability Core 1 ETF 0.5 24 26 6.2 +2.1
RFDI First Trust Riverfront Dynamic Developed International ETF 0.5 83 -33 8.9 +4.9
IVLU iShares MSCI Intl Value Factor ETF 0.5 30 20 10.6 +6.5
JETS U.S. Global Jets ETF 0.5 60 -10 -15.3 -19.4
IQDE FlexShares International Quality Dividend Defensive Index ET 0.5 47 3 10.6 +6.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.4 30 20 7.8 +3.7
IQDG WisdomTree International Quality Dividend Growth Fund 0.4 42 8 5.8 +1.7
IQIN IQ 500 International ETF 0.4 25 25 8.7 +4.7
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.4 58 -8 5.5 +1.4
GLIF AGF Global Infrastructure ETF 0.4 45 5 5.5 +1.4
TOK iShares MSCI Kokusai ETF 0.4 26 24 5.3 +1.2
KOKU Xtrackers MSCI Kokusai Equity ETF 0.4 9 41 5.5 +1.4
URTH iShares MSCI World ETF 0.3 24 26 5.4 +1.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.3 9 41 5.7 +1.6
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.3 12 38 5.0 +1.0
ACWI iShares MSCI ACWI ETF 0.3 32 18 5.4 +1.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.3 20 30 5.6 +1.5
ESGG FlexShares STOXX Global ESG Select Index Fund 0.3 42 8 5.1 +1.0
VT Vanguard Total World Stock ETF 0.3 7 43 5.8 +1.7
FBCG Fidelity Blue Chip Growth ETF 0.2 59 -9 2.5 -1.5
INNO Harbor Disruptive Innovation ETF 0.2 75 -25 -3.5 -7.5
IDMO Invesco S&P International Developed Momentum ETF 0.2 25 25 6.8 +2.8
IMTM iShares MSCI Intl Momentum Factor ETF 0.2 30 20 6.7 +2.7
GLOF iShares Global Equity Factor ETF 0.2 20 30 7.0 +3.0
APIE ActivePassive International Equity ETF 0.1 45 5 7.7 +3.6
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 29 3.9 -0.2
STXG Strive 1000 Growth ETF 0.0 18 32 4.2 +0.1
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 41 5.0 +1.0
STRV Strive 500 ETF 0.0 5 45 5.2 +1.1
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 11 7.2 +3.2
TGRW T. Rowe Price Growth Stock ETF 0.0 52 -2 4.1 +0.1
DFIS Dimensional International Small Cap ETF 0.0 39 11 6.7 +2.6
TCHP T. Rowe Price Blue Chip Growth ETF 0.0 57 -7 3.5 -0.5
STXV Strive 1000 Value ETF 0.0 18 32 7.8 +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 Singapore 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 5.8 %
Divided by: Fwd. P/BV 1.3 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		 1.51 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.