iShares MSCI South Korea ETF
ALTAR
Score™		 6.5% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 13.7x P/Sales
ratio		 1.2x
P/BV
ratio		 1.4x Div.
yield		 1.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares MSCI Korea Index fund seeks investment results that correspond to the price and yield performance of the MSCI Korea Index. The index consists primarily of large cap stocks traded on the Korean Stock Exchange.

FUND BASICS
Category International Equities
Fund Sponsor Barclays Global Investors
Website www.ishares.com
Inception date May 09, 2000
Assets (mns) $7,231
Currency USD
Expense ratio 58 bp
Distributions Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 83
Wgt avg mkt cap (mns) $148,314
Large cap (>$10bn) 72.9%
Mid cap ($2-10bn) 26.5%
Small cap (<$2bn) 0.6%
Developed mkts 0.0%
Emerging mkts 100.0%

TOP TEN HOLDINGS
SAMSUNG ELECTRONICS CO LTD 23.3 %
HYNIX SEMICONDUCTOR INC 16.9 %
KB FINANCIAL GROUP INC 2.8 %
HYUNDAI MOTOR CO 2.1 %
DOOSAN HEAVY INDUSTRIES 2.1 %
NHN CORP 2.1 %
SHINHAN FINANCIAL GROUP LTD 2.0 %
CELLTRION INC 1.8 %
SAMSUNG TECHWIN CO LTD 1.8 %
SK SQUARE CO., LTD. 1.7 %
Total 56.5 %

TOP COUNTRY EXPOSURE
SOUTH KOREA 97.2 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru November 30)
Year-to-date 1 year 5 years 10 years Since Incep.
78.6% 58.2% 4.9% 7.4% 7.4%

Market Correlations
versus... Beta R-squared
S&P500 0.88 39%
MSCI EAFE 1.01 37%
MSCI Emg. Mkts. 1.18 57%

Technical Indicators
Recent close $93.00
30d moving avg. $92.87
Annualized volatility 28.5%
Short interest (ETF) 13.9%
Relative strength (RSI) 54

Liquidity measures
Avg. volume (thou.) 7,860
Turnover 10.1%
Bid/Ask (% of price) 0.01%
ADV underlying (mns) $3,466

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 235 potential alternatives to the iShares MSCI South Korea ETF ETF based on the alternatives' overlap in portfolio holdings with EWY. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EWY Expense: 58 bp ALTAR Score™: 6.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EWY
Ticker Fund
Name		 Overlap1
vs EWY
(%)		 Expense
ratio
(bp)		 Savings
vs EWY
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EWY
(%)
FLKR Franklin FTSE South Korea ETF 88.1 9 49 7.1 +0.6
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 25.2 80 -22 9.4 +2.9
FTHF First Trust Emerging Markets Human Flourishing ETF 21.3 75 -17 9.2 +2.7
FRDM Freedom 100 Emerging Markets ETF 20.5 49 9 7.3 +0.8
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 19.7 24 34 7.3 +0.8
STXE Strive Emerging Markets Ex-China ETF 17.1 32 26 7.5 +1.0
EMDM First Trust Bloomberg Emerging Market Democracies ETF 16.1 75 -17 10.0 +3.5
EMXC iShares MSCI Emerging Markets ex China ETF 16.1 25 33 6.9 +0.4
XCEM Columbia EM Core ex-China ETF 15.2 16 42 7.7 +1.2
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 14.6 88 -30 8.7 +2.2
EEMA iShares MSCI Emerging Markets Asia ETF 14.4 49 9 9.2 +2.7
XC WisdomTree Emerging Markets Ex-China Fund 14.3 32 26 5.7 -0.8
AIA iShares Asia 50 ETF 14.3 50 8 12.7 +6.2
AAXJ iShares MSCI All Country Asia ex Japan ETF 13.1 70 -12 8.5 +2.0
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 13.0 33 25 9.4 +2.9
JHEM John Hancock Multifactor Emerging Markets ETF 12.8 49 9 9.5 +3.0
JADE JPMorgan Active Developing Markets Equity ETF 12.4 65 -7 7.7 +1.2
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 11.8 30 28 9.6 +3.1
ESGE iShares ESG Aware MSCI EM ETF 11.8 25 33 9.8 +3.3
IMFL Invesco International Developed Dynamic Multifactor ETF 11.8 34 24 5.8 -0.7
ECON Columbia Emerging Markets Consumer ETF 11.7 49 9 11.6 +5.1
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 11.6 32 26 8.5 +2.0
VPL Vanguard FTSE Pacific ETF 11.6 7 51 6.3 -0.2
EEM iShares MSCI Emerging Markets ETF 11.4 69 -11 9.5 +3.0
EMGF iShares Emerging Markets Equity Factor ETF 11.3 25 33 10.8 +4.3
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 11.2 45 13 9.7 +3.2
FDT First Trust Developed Markets ex-US AlphaDEX Fund 11.2 80 -22 8.4 +1.9
FLAX Franklin FTSE Asia Ex Japan ETF 11.1 19 39 8.5 +2.0
EVLU iShares MSCI Emerging Markets Value Factor ETF 11.0 35 23 12.8 +6.3
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 11.0 15 43 7.5 +1.0
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 10.9 50 8 10.3 +3.8
EMXF iShares ESG Advanced MSCI EM ETF 10.8 16 42 7.9 +1.4
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 10.6 66 -8 9.0 +2.5
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 10.6 15 43 9.6 +3.1
BKEM BNY Mellon Emerging Markets Equity ETF 10.6 11 47 9.3 +2.8
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 10.5 36 22 9.2 +2.7
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 9.8 32 26 6.4 -0.1
ICOW Pacer Developed Markets International Cash Cows 100 ETF 9.7 65 -7 10.6 +4.1
IEMG iShares Core MSCI Emerging Markets ETF 9.7 9 49 9.8 +3.3
DEXC Dimensional Emerging Markets ex China Core EquityETF 9.4 53 5 7.2 +0.7
DFEV Dimensional Emerging Markets Value ETF 9.2 43 15 11.8 +5.3
ROAM Hartford Multifactor Emerging Markets ETF 9.0 44 14 11.3 +4.8
PATN Pacer Nasdaq International Patent Leaders ETF 9.0 65 -7 5.4 -1.1
EYLD Cambria Emerging Shareholder Yield ETF 9.0 66 -8 11.6 +5.1
DFAE Dimensional Emerging Core Equity Market ETF 8.9 35 23 8.6 +2.1
DEHP Dimensional Emerging Markets High Profitability ETF 8.8 41 17 6.4 -0.1
NUEM Nuveen ESG Emerging Markets Equity ETF 8.7 36 22 7.2 +0.7
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 8.7 60 -2 10.8 +4.3
JPIN J.P. Morgan Diversified Return International Equity ETF 8.7 37 21 7.8 +1.3
EEMO Invesco S&P Emerging Markets Momentum ETF 8.6 29 29 7.6 +1.1
UIVM VictoryShares International Value Momentum ETF 8.4 35 23 8.4 +1.9
EMM Global X Emerging Markets ex-China ETF 8.3 75 -17 6.8 +0.3
FDEM Fidelity Emerging Markets Multifactor ETF 8.3 25 33 12.2 +5.7
AVES Avantis Emerging Markets Value ETF 8.2 36 22 10.6 +4.1
CARZ First Trust NASDAQ Global Auto Index Fund 8.0 70 -12 4.0 -2.5
DFEM Dimensional Emerging Markets Core Equity 2 ETF 7.8 38 20 8.7 +2.2
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 7.8 20 38 9.6 +3.1
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 7.7 59 -1 8.5 +2.0
AVEM Avantis Emerging Markets Equity ETF 7.5 33 25 8.1 +1.6
LDEM iShares ESG MSCI EM Leaders ETF 7.4 17 41 12.9 +6.4
MEM Matthews Emerging Markets Equity Active ETF 7.4 79 -21 7.3 +0.8
WTAI WisdomTree Artificial Intelligence and Innovation Fund 7.3 45 13 2.5 -4.0
IVES Wedbush ETFMG Global Cloud Technology ETF 7.3 68 -10 6.0 -0.5
FMET Fidelity Metaverse ETF 7.2 39 19 4.8 -1.7
AIS VistaShares Artificial Intelligence Supercycle ETF 7.1 75 -17 2.7 -3.8
MINV Matthews Asia Innovators Active ETF 7.0 79 -21 7.1 +0.5
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 6.7 41 17 8.1 +1.6
FNDF Schwab Fundamental International Large Co. Index ETF 6.5 25 33 8.9 +2.4
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 6.5 30 28 8.5 +2.0
AIQ Global X Artificial Intelligence & Technology ETF 6.4 68 -10 3.6 -2.9
FGD First Trust Dow Jones Global Select Dividend Index Fund 6.2 56 2 10.6 +4.1
AVXC Avantis Emerging Markets Ex-China Equity ETF 6.2 33 25 7.9 +1.4
CHPX Global X AI Semiconductor & Quantum ETF 6.2 50 8 3.3 -3.2
EMMF WisdomTree Emerging Markets Multifactor Fund 6.2 48 10 7.0 +0.5
FEOE First Eagle Overseas Equity ETF 5.8 79 -21 6.8 +0.3
WRND IQ Global Equity R&D Leaders ETF 5.8 18 40 7.5 +1.0
AVSE Avantis Responsible Emerging Markets Equity ETF 5.7 33 25 7.8 +1.3
DINT Davis Select International ETF 5.7 55 3 7.8 +1.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 5.6 45 13 8.4 +1.9
UMMA Wahed Dow Jones Islamic World ETF 5.6 65 -7 4.8 -1.7
KNCT Invesco Next Gen Connectivity ETF 5.5 40 18 4.6 -1.9
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 5.5 80 -22 4.2 -2.3
CHAT Roundhill Generative AI & Technology ETF 5.5 75 -17 7.8 +1.3
EMC Global X Emerging Markets Great Consumer ETF 5.4 75 -17 8.7 +2.2
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 5.3 40 18 6.7 +0.2
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 5.3 25 33 6.3 -0.2
IDV iShares International Select Dividend ETF 5.3 51 7 10.3 +3.8
AIVC Amplify Bloomberg AI Value Chain ETF 5.1 59 -1 5.7 -0.8
ICPY Tweedy, Browne International Insider Value ETF 5.1 80 -22 11.5 +5.0
HFXI IQ FTSE International Equity Currency Neutral ETF 5.1 20 38 6.6 +0.1
JIVE JPMorgan International Value ETF 4.9 55 3 10.7 +4.2
GKAT Scharf Global Opportunity ETF 4.7 57 1 6.4 -0.1
IDRV iShares Self-driving EV & Tech ETF 4.6 47 11 3.3 -3.2
DWLD Davis Select Worldwide ETF 4.5 63 -5 7.2 +0.7
EV Mast Global Battery Recycling & Production ETF 4.4 65 -7 7.6 +1.1
SCHF Schwab International Equity ETF 4.4 6 52 6.8 +0.3
VEA Vanguard FTSE Developed Markets ETF 4.2 3 55 6.8 +0.3
CGXU Capital Group International Focus Equity ETF 4.2 54 4 5.4 -1.2
DEM WisdomTree Emerging Markets High Dividend Fund 4.2 63 -5 12.7 +6.2
IGPT Invesco AI and Next Gen Software ETF 4.1 60 -2 4.4 -2.1
DSTX Distillate International Fundamental Stability & Value ETF 4.0 55 3 7.6 +1.1
RODE Hartford Multifactor Diversified International ETF 3.9 29 29 10.3 +3.8
VIDI Vident International Equity Strategy ETF 3.9 61 -3 10.3 +3.8
COPY Tweedy, Browne Insider + Value ETF 3.9 80 -22 11.7 +5.2
MOTO SmartETFs Smart Transportation & Technology ETF 3.8 68 -10 6.4 -0.1
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 3.7 24 34 7.1 +0.6
KPOP KPOP and Korean Entertainment ETF 3.6 75 -17 1.4 -5.1
ACWX iShares MSCI ACWI ex U.S. ETF 3.6 34 24 7.3 +0.8
NUKZ Range Nuclear Renaissance Index ETF 3.5 85 -27 1.2 -5.3
FDTX Fidelity Disruptive Technology ETF 3.5 50 8 2.6 -3.9
IBAT iShares Energy Storage & Materials ETF 3.5 47 11 2.6 -3.9
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 3.4 86 -28 14.3 +7.8
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 3.4 86 -28 0.5 -6.0
FDNI First Trust Dow Jones International Internet ETF 3.4 65 -7 23.1 +16.6
FEGE First Eagle Global Equity ETF 3.4 79 -21 6.5 -0.0
PBD Invesco Global Clean Energy ETF 3.4 75 -17 0.8 -5.7
VSGX Vanguard ESG International Stock ETF 3.4 10 48 7.5 +1.0
URA Global X Uranium ETF 3.3 69 -11 1.1 -5.4
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 3.3 72 -14 -1.3 -7.8
VEU Vanguard FTSE All-World ex-US Index Fund 3.3 4 54 7.7 +1.2
GXUS Goldman Sachs MarketBeta Total International Equity ETF 3.2 18 40 7.3 +0.8
SOCL Global X Social Media ETF 3.2 65 -7 11.0 +4.5
TPIF Timothy Plan International ETF 3.2 62 -4 6.0 -0.5
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 3.1 95 -37 11.8 +5.3
IXUS iShares Core MSCI Total International Stock ETF 3.1 7 51 7.5 +1.0
GTEK Goldman Sachs Future Tech Leaders Equity ETF 3.1 75 -17 3.0 -3.5
DTCR Global X Data Center & Digital Infrastructure ETF 3.1 50 8 3.9 -2.6
VXUS Vanguard Total International Stock ETF 3.1 5 53 7.6 +1.1
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 3.0 65 -7 1.9 -4.6
IDHQ Invesco S&P International Developed High Quality ETF 3.0 29 29 6.3 -0.2
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 3.0 41 17 7.2 +0.7
METV Roundhill Ball Metaverse ETF 2.9 59 -1 8.9 +2.4
SPDW SPDR Portfolio Developed World ex-US ETF 2.9 3 55 6.7 +0.2
IXN iShares Global Tech ETF 2.9 41 17 3.5 -3.0
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 2.9 58 0 9.4 +2.9
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 2.9 49 9 6.8 +0.3
SHLD Global X Defense Tech ETF 2.8 50 8 3.3 -3.2
LIT Global X Lithium & Battery Tech ETF 2.8 75 -17 6.5 +0.0
SMOG VanEck Low Carbon Energy ETF 2.8 61 -3 1.5 -5.0
BATT Amplify Lithium & Battery Technology ETF 2.8 59 -1 1.9 -4.6
NXTG First Trust Indxx NextG ETF 2.6 70 -12 4.9 -1.6
FNDC Schwab Fundamental International Small Co. Index ETF 2.6 39 19 5.7 -0.8
WBAT WisdomTree Battery Value Chain and Innovation Fund 2.6 45 13 1.7 -4.8
CIL VictoryShares International Volatility Wtd ETF 2.6 45 13 6.4 -0.1
FDRV Fidelity Electric Vehicles and Future Transportation ETF 2.6 39 19 -1.3 -7.8
GINN Goldman Sachs Innovate Equity ETF 2.6 52 6 3.6 -2.9
DFAX Dimensional World ex U.S. Core Equity 2 ETF 2.6 30 28 7.5 +1.0
RGEF Rockefeller Global Equity ETF 2.5 55 3 4.6 -1.9
CWI SPDR MSCI ACWI ex-US ETF 2.3 30 28 7.4 +0.9
DRIV Global X Autonomous & Electric Vehicles ETF 2.3 68 -10 4.7 -1.8
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 2.3 79 -21 5.0 -1.5
HUMN Roundhill Humanoid Robotics ETF 2.1 75 -17 1.2 -5.3
FDCF Fidelity Disruptive Communications ETF 2.1 50 8 3.9 -2.6
IPAV Global X Infrastructure Development ex-U.S. ETF 2.0 55 3 6.6 +0.1
XT iShares Exponential Technologies ETF 2.0 46 12 4.5 -2.0
CLNR IQ Cleaner Transport ETF 1.9 45 13 5.2 -1.3
AGNG Global X Aging Population ETF 1.8 50 8 4.5 -2.0
ISHP First Trust Nasdaq Retail ETF 1.8 60 -2 5.7 -0.8
FPAG FPA Global Equity ETF 1.7 49 9 5.6 -0.9
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.7 65 -7 8.0 +1.5
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.7 58 0 4.4 -2.1
FID First Trust S&P International Dividend Aristocrats ETF 1.6 60 -2 7.7 +1.2
WDIV SPDR S&P Global Dividend ETF 1.6 40 18 9.0 +2.5
GLOF iShares Global Equity Factor ETF 1.5 20 38 6.6 +0.1
VYMI Vanguard International High Dividend Yield ETF 1.5 17 41 9.0 +2.5
PICK iShares MSCI Global Metals & Mining Producers ETF 1.5 39 19 10.6 +4.1
TINT ProShares Smart Materials ETF 1.4 58 0 5.8 -0.7
CRAK VanEck Oil Refiners ETF 1.4 61 -3 11.6 +5.1
JIG JPMorgan International Growth ETF 1.3 55 3 4.7 -1.8
SDG iShares MSCI Global Sustainable Development Goals ETF 1.3 49 9 5.1 -1.4
WWJD Inspire International ETF 1.3 80 -22 7.1 +0.6
ACWI iShares MSCI ACWI ETF 1.3 32 26 5.3 -1.2
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 1.3 60 -2 7.9 +1.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.2 20 38 5.3 -1.2
GCOW Pacer Global Cash Cows Dividend ETF 1.2 60 -2 10.3 +3.8
CTEC Global X CleanTech ETF 1.2 50 8 0.8 -5.7
ERTH Invesco MSCI Sustainable Future ETF 1.2 62 -4 3.4 -3.1
TINY ProShares Nanotechnology ETF 1.1 58 0 3.5 -3.0
VT Vanguard Total World Stock ETF 1.1 6 52 5.7 -0.8
IOO iShares Global 100 ETF 0.9 41 17 4.5 -2.0
BLES Inspire Global Hope ETF 0.9 61 -3 6.8 +0.3
IPKW Invesco International BuyBack Achievers ETF 0.8 55 3 8.8 +2.3
SCHY Schwab International Dividend Equity ETF 0.8 14 44 9.6 +3.1
RXI iShares Global Consumer Discretionary ETF 0.8 41 17 8.3 +1.8
OCEN IQ Clean Oceans ETF 0.8 45 13 5.3 -1.2
POW VistaShares Electrification Supercycle ETF 0.8 75 -17 3.5 -3.0
DEW WisdomTree Global High Dividend Fund 0.8 58 0 8.1 +1.6
SHPP Pacer Industrials and Logistics ETF 0.7 60 -2 8.3 +1.8
KAT Scharf ETF 0.7 87 -29 5.3 -1.2
HELX Franklin Genomic Advancements ETF 0.7 50 8 -0.4 -6.9
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.7 42 16 6.6 +0.1
KLMT Invesco MSCI Global Climate 500 ETF 0.7 10 48 5.6 -0.9
EELV Invesco S&P Emerging Markets Low Volatility ETF 0.6 29 29 8.8 +2.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.6 9 49 5.5 -1.0
JSTC Adasina Social Justice All Cap Global ETF 0.6 89 -31 4.8 -1.7
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.6 12 46 4.9 -1.6
CGV Conductor Global Equity Value ETF 0.6 130 -72 7.7 +1.2
CGGR Capital Group Growth ETF 0.5 39 19 3.4 -3.1
IXP iShares Global Comm Services ETF 0.5 42 16 5.7 -0.8
DWX SPDR S&P International Dividend ETF 0.5 45 13 7.2 +0.6
OND ProShares On-Demand ETF 0.5 58 0 -0.6 -7.1
HERO Global X Video Games & Esports ETF 0.5 50 8 4.5 -2.0
BNGE First Trust S-Network Streaming and Gaming ETF 0.5 70 -12 2.6 -3.9
ESPO VanEck Video Gaming and eSports ETF 0.5 56 2 5.3 -1.2
IVRS iShares Future Metaverse Tech and Communications ETF 0.5 47 11 3.1 -3.4
NERD Roundhill Video Games ETF 0.5 50 8 6.6 +0.1
ODDS Pacer BlueStar Digital Entertainment ETF 0.5 60 -2 3.0 -3.5
TTAI FCF International Quality ETF 0.4 59 -1 7.4 +0.9
IXG iShares Global Financials ETF 0.4 42 16 6.6 +0.1
HYDR Global X Hydrogen ETF 0.4 50 8 -6.3 -12.8
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.4 42 16 9.3 +2.8
SIL Global X Silver Miners ETF 0.3 65 -7 2.2 -4.4
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.3 80 -22 10.6 +4.1
GGME Invesco Next Gen Media and Gaming ETF 0.3 60 -2 5.0 -1.5
CGW Invesco S&P Global Water Index ETF 0.3 57 1 4.7 -1.8
PIO Invesco Global Water ETF 0.3 75 -17 4.4 -2.1
AQWA Global X Clean Water ETF 0.3 50 8 5.0 -1.5
DGT State Street SPDR Global Dow ETF 0.3 50 8 6.6 +0.1
ARTY iShares Future AI & Tech ETF 0.3 47 11 3.6 -3.0
SUPL ProShares Supply Chain Logistics ETF 0.3 58 0 10.2 +3.7
BOAT SonicShares Global Shipping ETF 0.3 69 -11 26.3 +19.8
SDEM Global X MSCI SuperDividend Emerging Markets ETF 0.3 67 -9 14.5 +8.0
IBRN iShares Neuroscience and Healthcare ETF 0.3 47 11 0.0 -6.5
ACWV iShares MSCI Global Min Vol Factor ETF 0.3 20 38 5.7 -0.8
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.3 46 12 9.5 +3.0
JGLO JPMorgan Global Select Equity ETF 0.3 33 25 5.0 -1.5
IXJ iShares Global Healthcare ETF 0.2 42 16 6.6 +0.1
EXI iShares Global Industrials ETF 0.2 42 16 4.4 -2.1
IGRO iShares International Dividend Growth ETF 0.2 15 43 7.0 +0.5
IQDF FlexShares International Quality Dividend Index Fund 0.2 47 11 8.4 +1.9
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.2 47 11 7.7 +1.2
CGGO Capital Group Global Growth Equity ETF 0.1 47 11 4.4 -2.1
AGQI First Trust Active Global Quality Income ETF 0.1 85 -27 5.2 -1.4
ZSB USCF Sustainable Battery Metals Strategy Fund 0.0 61 -3 5.1 -1.4
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.0 70 -12 7.5 +1.0

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

  2020 2021 2022 2023 2024 2025E 2026E
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
  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 South Korea ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 8.8 %
Divided by: Fwd. P/BV 1.2 x
Less: Expense ratio 58 bp
Equals: ALTAR Score 6.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.44 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.