iShares MSCI United Kingdom Small Cap
ALTAR
Score™
7.4% info Recommen-
dation
OVERWEIGHT
2019E    2020E
P/E
ratio
15.6x P/Sales
ratio
1.0x
P/BV
ratio
1.6x Div.
yield
3.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares MSCI United Kingdom Small Cap Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI United Kingdom Small Cap Index.

FUND BASICS
Category International Equities
Fund Sponsor BlackRock Fund Advisors
Website www.ishares.com
Inception date Jan 26, 2012
Assets (mns) $127
Currency USD
Expense ratio 59 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 No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 260
Wgt avg mkt cap (mns) $2,833
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 76.3%
Small cap (<$2bn) 23.7%
Developed mkts 99.3%
Emerging mkts 0.7%

TOP TEN HOLDINGS
RIGHTMOVE PLC 1.7 %
JUST EAT PLC 1.5 %
BELLWAY PLC 1.5 %
INTERMEDIATE CAPITAL GROUP PLC 1.4 %
DS SMITH PLC 1.4 %
PENNON GROUP PLC 1.4 %
DERWENT LONDON PLC 1.3 %
HOWDEN JOINERY GROUP PLC 1.2 %
PHOENIX GROUP HOLDINGS 1.2 %
TRAVIS PERKINS PLC 1.2 %
Total 13.7 %

TOP COUNTRY EXPOSURE
BRITAIN 78.2 %
IRELAND 1.8 %
BERMUDA 1.7 %
LUXEMBOURG 1.0 %
SWITZERLAND 0.9 %
ISRAEL 0.3 %
GIBRALTAR 0.1 %




HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
35.1% 35.1% 6.5% -- 10.2%

Market Correlations
versus... Beta R-squared
S&P500 0.88 48%
MSCI EAFE 1.21 75%
MSCI Emg. Mkts. 0.81 58%

Technical Indicators
Recent close $43.00
30d moving avg. $43.50
Annualized volatility 15.3%
Short interest (ETF) 0.0%
Relative strength (RSI) 54

Liquidity measures
Avg. volume (thou.) 34
Turnover 1.2%
Bid/Ask (% of price) 0.23%
ADV underlying (mns) $1,361

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the iShares MSCI United Kingdom Small Cap ETF based on the alternatives' overlap in portfolio holdings with EWUS. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EWUS Expense: 59 bp ALTAR Score™: 7.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EWUS
Ticker Fund
Name
Overlap1
vs EWUS
(%)
Expense
ratio
(bp)
Savings
vs EWUS
(bp)
ALTAR
Score™
(%)
ALTAR
vs EWUS
(%)
IEUS iShares MSCI Europe Small Cap 26.9 40 19 6.2 -1.2
FKU First Trust United Kingdom 20.2 80 -21 7.1 -0.3
ISCF iShares FactorSelect MSCI Intl Small-Cap 18.5 40 19 7.1 -0.3
DFE WisdomTree Europe Small Cap Dividend 16.7 58 1 8.7 +1.3
SCZ iShares MSCI EAFE Small Cap 15.4 39 20 6.1 -1.3
DLS WisdomTree Int'l SmallCap Dividend 13.9 58 1 8.1 +0.7
DDEZ WisdomTree Dynamic Currency Hedged Europe Equity 13.6 43 16 6.1 -1.3
DDLS WisdomTree Dynamic Currency Hedged Int'l SmallCap 13.0 43 16 8.1 +0.7
SCHC Schwab Intl Small-Cap Equity 12.4 12 47 6.4 -1.1
AVDV Avantis International Small Cap Value 11.7 36 23 7.1 -0.3
VSS Vanguard FTSE All World ex-US Small Cap 9.5 12 47 6.3 -1.1
ISDS Invesco Strategic Developed ex-US Small Company 9.3 35 24 5.1 -2.3
FNDC Schwab Fundamental Intl Small Cap 8.7 39 20 4.5 -3.0
PDN Invesco FTSE RAFI Developed Mkts ex-US Small-Mid Cap 8.3 49 10 6.4 -1.0
SCID Global X Scientific Beta Europe 7.7 38 21 6.2 -1.2
IFEU iShares FTSE EPRA/NAREIT Europe 7.4 48 11 5.5 -1.9
GWX SPDR International SmallCap 7.4 40 19 4.5 -2.9
FEP First Trust Europe AlphaDEX 5.6 80 -21 7.2 -0.2
FID First Trust S&P International Dividend Aristocrats 5.3 60 -1 7.0 -0.4
WDIV SPDR S&P Global Dividend 5.1 40 19 7.2 -0.2

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

  2014 2015 2016 2017 2018 2019E 2020E
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
  2018 2019E 2020E
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 United Kingdom Small Cap
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.1 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 59 bp
Equals: ALTAR Score 7.4 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.64 CATEGORY
AVERAGE
1.63
 
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.