iShares MSCI Brazil ETF
ALTAR
Score™		 11.9% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 9.1x P/Sales
ratio		 1.0x
P/BV
ratio		 1.4x Div.
yield		 5.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares MSCI Brazil Index fund seeks investment results that correspond to the price and yield performance of the MSCI Brazil Index. The index consists primarily of large cap stocks traded in the Brazilian market.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Barclays Global Investors
Website www.ishares.com
Inception date Jul 10, 2000
Assets (mns) $6,921
Currency USD
Expense ratio 58 bp
Distributions Semi-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 48
Wgt avg mkt cap (mns) $29,136
Large cap (>$10bn) 66.2%
Mid cap ($2-10bn) 24.4%
Small cap (<$2bn) 0.0%
Developed mkts 9.8%
Emerging mkts 90.3%

TOP TEN HOLDINGS
NU HOLDINGS LTD. CLASS A 12.7 %
VALE SA 10.7 %
ITAU UNIBANCO HOLDING SA 8.7 %
PETROBRAS - PETROLEO BRAS-PR 5.4 %
PETROBRAS - PETROLEO BRAS 4.7 %
BANCO BRADESCO SA-PREF 3.6 %
WEG SA 3.3 %
BM&FBOVESPA SA 3.3 %
AMBEV-SA 2.8 %
EMBRAER SA 2.8 %
Total 58.0 %

TOP COUNTRY EXPOSURE
BRAZIL 80.5 %
CAYMAN ISLANDS 12.7 %









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.
48.3% 48.3% 4.9% 9.8% 6.0%

Market Correlations
versus... Beta R-squared
S&P500 0.62 26%
MSCI EAFE 0.88 37%
MSCI Emg. Mkts. 0.80 35%

Technical Indicators
Recent close $33.06
30d moving avg. $32.13
Annualized volatility 24.4%
Short interest (ETF) 24.7%
Relative strength (RSI) 59

Liquidity measures
Avg. volume (thou.) 28,107
Turnover 13.4%
Bid/Ask (% of price) 0.03%
ADV underlying (mns) $1,818

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 229 potential alternatives to the iShares MSCI Brazil ETF ETF based on the alternatives' overlap in portfolio holdings with EWZ. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EWZ Expense: 58 bp ALTAR Score™: 11.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EWZ
Ticker Fund
Name		 Overlap1
vs EWZ
(%)		 Expense
ratio
(bp)		 Savings
vs EWZ
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EWZ
(%)
FLBR Franklin FTSE Brazil ETF 71.2 19 39 13.6 +1.7
FLLA Franklin FTSE Latin America ETF 43.9 19 39 11.7 -0.3
FLN First Trust Latin America AlphaDEX Fund 35.5 80 -22 10.2 -1.7
BRAZ Global X Brazil Active ETF 32.2 75 -17 10.5 -1.4
ILF iShares Latin America 40 ETF 26.1 48 10 10.6 -1.3
JIVE JPMorgan International Value ETF 17.9 55 3 9.7 -2.2
DVYE iShares Emerging Markets Dividend ETF 14.5 49 9 17.0 +5.1
FTHF First Trust Emerging Markets Human Flourishing ETF 11.5 75 -17 7.5 -4.4
EMDM First Trust Bloomberg Emerging Market Democracies ETF 11.1 75 -17 8.5 -3.5
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 11.0 39 19 14.6 +2.7
OTGL OTG Latin America ETF 10.4 269 -211 7.2 -4.8
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 9.9 86 -28 0.4 -11.6
PXH Invesco FTSE RAFI Emerging Markets ETF 9.6 49 9 13.7 +1.8
EELV Invesco S&P Emerging Markets Low Volatility ETF 8.5 29 29 8.1 -3.8
BKF iShares MSCI BIC ETF 8.5 69 -11 11.8 -0.1
EMMF WisdomTree Emerging Markets Multifactor Fund 8.3 48 10 6.1 -5.9
FEM First Trust Emerging Markets AlphaDEX Fund 7.4 80 -22 10.3 -1.7
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 7.4 44 14 9.5 -2.4
ECOW Pacer Emerging Markets Cash Cows 100 ETF 7.2 70 -12 11.8 -0.1
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 6.7 86 -28 11.7 -0.2
EDOG ALPS Emerging Sector Dividend Dogs ETF 6.3 60 -2 9.9 -2.1
GVAL Cambria Global Value ETF 6.3 68 -10 9.4 -2.5
SDEM Global X MSCI SuperDividend Emerging Markets ETF 6.2 67 -9 13.6 +1.7
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 5.9 24 34 6.4 -5.5
RNEM First Trust Emerging Markets Equity Select ETF 5.9 75 -17 7.8 -4.1
EMXC iShares MSCI Emerging Markets ex China ETF 5.6 25 33 5.8 -6.1
JADE JPMorgan Active Developing Markets Equity ETF 5.5 65 -7 6.6 -5.4
XC WisdomTree Emerging Markets Ex-China Fund 5.4 32 26 5.5 -6.4
SDIV Global X Superdividend ETF 5.4 58 0 15.5 +3.6
ICLN iShares Global Clean Energy ETF 5.4 41 17 2.9 -9.1
XCNY SPDR S&P Emerging Markets ex-China ETF 5.1 15 43 6.3 -5.6
EDIV SPDR S&P Emerging Markets Dividend ETF 5.1 49 9 8.7 -3.2
VCLN Virtus Duff & Phelps Clean Energy ETF 5.0 59 -1 3.7 -8.2
AOTG AOT Growth and Innovation ETF 4.9 75 -17 1.4 -10.5
UEVM VictoryShares Emerging Markets Value Momentum ETF 4.8 45 13 9.5 -2.5
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 4.8 50 8 9.4 -2.6
STXE Strive Emerging Markets Ex-China ETF 4.7 32 26 6.2 -5.7
EMXF iShares ESG Advanced MSCI EM ETF 4.7 16 42 7.2 -4.8
FRDM Freedom 100 Emerging Markets ETF 4.4 49 9 5.9 -6.0
EVLU iShares MSCI Emerging Markets Value Factor ETF 4.3 35 23 11.9 -0.1
EEM iShares MSCI Emerging Markets ETF 4.0 69 -11 8.1 -3.8
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 4.0 32 26 5.3 -6.6
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 4.0 60 -2 7.5 -4.4
PICK iShares MSCI Global Metals & Mining Producers ETF 3.9 39 19 9.0 -2.9
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 3.7 66 -8 7.7 -4.2
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 3.7 30 28 8.1 -3.8
ECON Columbia Emerging Markets Consumer ETF 3.7 49 9 10.0 -1.9
JHEM John Hancock Multifactor Emerging Markets ETF 3.7 49 9 8.3 -3.6
DEM WisdomTree Emerging Markets High Dividend Fund 3.7 63 -5 12.0 +0.1
EMGF iShares Emerging Markets Equity Factor ETF 3.6 25 33 9.5 -2.4
MEM Matthews Emerging Markets Equity Active ETF 3.6 79 -21 6.4 -5.6
BKEM BNY Mellon Emerging Markets Equity ETF 3.5 11 47 8.0 -3.9
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 3.5 36 22 8.0 -3.9
SCHE Schwab Emerging Markets Equity ETF 3.5 11 47 9.5 -2.4
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 3.4 95 -37 10.3 -1.6
XCEM Columbia EM Core ex-China ETF 3.4 16 42 6.6 -5.4
EMC Global X Emerging Markets Great Consumer ETF 3.4 75 -17 7.0 -5.0
IEMG iShares Core MSCI Emerging Markets ETF 3.4 9 49 8.5 -3.4
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 3.4 33 25 8.2 -3.7
LDEM iShares ESG MSCI EM Leaders ETF 3.4 17 41 11.4 -0.5
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 3.3 30 28 7.6 -4.3
NEWZ StockSnips AI-Powered Sentiment US All Cap ETF 3.3 65 -7 4.2 -7.8
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 3.2 45 13 8.5 -3.4
ESGE iShares ESG Aware MSCI EM ETF 3.2 25 33 8.5 -3.4
BLOK Amplify Transformational Data Sharing ETF 3.2 75 -17 0.3 -11.6
RNRG Global X Renewable Energy Producers ETF 3.1 66 -8 5.0 -6.9
LOUP Innovator Deepwater Frontier Tech ETF 3.1 70 -12 0.6 -11.3
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 3.1 15 43 6.6 -5.3
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 3.1 40 18 6.1 -5.8
ROAM Hartford Multifactor Emerging Markets ETF 3.1 44 14 10.4 -1.5
BPAY BlackRock Future Financial and Technology ETF 3.0 70 -12 5.5 -6.4
CGXU Capital Group International Focus Equity ETF 3.0 54 4 4.7 -7.2
VWO Vanguard FTSE Emerging Markets ETF 3.0 7 51 9.1 -2.8
NUEM Nuveen ESG Emerging Markets Equity ETF 2.9 36 22 6.7 -5.2
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 2.9 15 43 8.5 -3.4
VIDI Vident International Equity Strategy ETF 2.9 61 -3 9.3 -2.6
DSTX Distillate International Fundamental Stability & Value ETF 2.8 55 3 6.7 -5.2
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 2.8 46 12 8.5 -3.4
CGW Invesco S&P Global Water Index ETF 2.8 57 1 4.2 -7.7
PIO Invesco Global Water ETF 2.8 75 -17 3.8 -8.1
AQWA Global X Clean Water ETF 2.8 50 8 4.6 -7.3
EFRA iShares Environmental Infrastructure and Industrials ETF 2.8 47 11 4.8 -7.1
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 2.8 25 33 5.9 -6.0
MOTI VanEck Morningstar International Moat ETF 2.6 58 0 9.2 -2.7
FDEM Fidelity Emerging Markets Multifactor ETF 2.5 25 33 10.8 -1.2
EYLD Cambria Emerging Shareholder Yield ETF 2.5 66 -8 10.7 -1.3
FXO First Trust Financials AlphaDEX Fund 2.3 62 -4 7.2 -4.7
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 2.3 59 -1 7.6 -4.4
CUT Invesco MSCI Global Timber ETF 2.3 61 -3 9.7 -2.2
WOOD iShares Global Timber & Forestry ETF 2.3 42 16 11.7 -0.2
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 2.2 58 0 3.9 -8.1
MOTG VanEck Morningstar Global Wide Moat ETF 2.1 52 6 8.6 -3.3
ARKF ARK Fintech Innovation ETF 2.1 75 -17 0.1 -11.9
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 2.1 32 26 7.0 -4.9
SPEM SPDR Portfolio Emerging Markets ETF 2.0 7 51 9.3 -2.6
WWJD Inspire International ETF 2.0 80 -22 6.4 -5.5
DFAE Dimensional Emerging Core Equity Market ETF 2.0 35 23 7.5 -4.5
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 2.0 90 -32 4.5 -7.4
QMOM Alpha Architect U.S. Quantitative Momentum ETF 1.9 39 19 1.3 -10.6
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 1.9 88 -30 7.4 -4.5
SCHY Schwab International Dividend Equity ETF 1.9 14 44 8.8 -3.1
FDFF Fidelity Disruptive Finance ETF 1.9 50 8 3.9 -8.0
DEHP Dimensional Emerging Markets High Profitability ETF 1.8 41 17 5.3 -6.7
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 1.8 68 -10 5.8 -6.1
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 1.7 41 17 7.1 -4.8
VYMI Vanguard International High Dividend Yield ETF 1.7 17 41 8.3 -3.7
AVXC Avantis Emerging Markets Ex-China Equity ETF 1.6 33 25 6.9 -5.0
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.6 47 11 7.0 -4.9
DWX SPDR S&P International Dividend ETF 1.5 45 13 6.8 -5.1
AVES Avantis Emerging Markets Value ETF 1.5 36 22 9.6 -2.3
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.4 38 20 7.6 -4.4
FDLS Inspire Fidelis Multi Factor ETF 1.3 76 -18 4.1 -7.8
FPXI First Trust International Equity Opportunities ETF 1.3 70 -12 3.5 -8.4
ACWX iShares MSCI ACWI ex U.S. ETF 1.2 34 24 6.5 -5.4
BITQ Bitwise Crypto Industry Innovators ETF 1.2 85 -27 -2.0 -13.9
ERTH Invesco MSCI Sustainable Future ETF 1.2 62 -4 3.1 -8.8
AVSE Avantis Responsible Emerging Markets Equity ETF 1.2 33 25 7.0 -4.9
DFEV Dimensional Emerging Markets Value ETF 1.1 43 15 10.6 -1.4
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.1 41 17 6.4 -5.5
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.1 18 40 6.5 -5.4
DEXC Dimensional Emerging Markets ex China Core EquityETF 1.1 53 5 6.1 -5.8
IXUS iShares Core MSCI Total International Stock ETF 1.1 7 51 6.7 -5.2
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 1.0 47 11 5.8 -6.2
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 1.0 20 38 8.4 -3.5
BLES Inspire Global Hope ETF 1.0 61 -3 6.1 -5.8
JSTC Adasina Social Justice All Cap Global ETF 1.0 89 -31 4.2 -7.7
IYF iShares U.S. Financials ETF 1.0 40 18 5.2 -6.7
WRND IQ Global Equity R&D Leaders ETF 1.0 18 40 6.6 -5.4
JXI iShares Global Utilities ETF 1.0 43 15 5.4 -6.6
MID American Century Mid Cap Growth Impact ETF 1.0 45 13 2.9 -9.1
FEOE First Eagle Overseas Equity ETF 0.9 79 -21 6.0 -5.9
VXUS Vanguard Total International Stock ETF 0.9 5 53 6.8 -5.1
MOO VanEck Agribusiness ETF 0.9 53 5 9.8 -2.2
AVEM Avantis Emerging Markets Equity ETF 0.8 33 25 7.3 -4.6
JOET Virtus Terranova US Quality Momentum ETF 0.8 29 29 4.2 -7.7
TMAT Main Thematic Innovation ETF 0.8 164 -106 -1.5 -13.4
VEU Vanguard FTSE All-World ex-US Index Fund 0.8 4 54 6.9 -5.0
IQDF FlexShares International Quality Dividend Index Fund 0.7 47 11 7.7 -4.3
IXG iShares Global Financials ETF 0.7 42 16 5.8 -6.1
SUPL ProShares Supply Chain Logistics ETF 0.7 58 0 9.3 -2.6
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.7 30 28 5.8 -6.2
VSGX Vanguard ESG International Stock ETF 0.6 10 48 6.7 -5.2
FEGE First Eagle Global Equity ETF 0.6 79 -21 5.6 -6.3
CGV Conductor Global Equity Value ETF 0.6 130 -72 6.9 -5.0
OAIM OneAscent International Equity ETF 0.6 95 -37 4.6 -7.3
CWI SPDR MSCI ACWI ex-US ETF 0.6 30 28 6.5 -5.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.6 30 28 6.6 -5.3
GLOF iShares Global Equity Factor ETF 0.5 20 38 5.9 -6.0
EEMO Invesco S&P Emerging Markets Momentum ETF 0.5 29 29 7.0 -5.0
YNOT Horizon Digital Frontier ETF 0.5 75 -17 2.5 -9.5
RCGE RockCreek Global Equality ETF 0.5 95 -37 6.0 -5.9
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.5 80 -22 12.6 +0.7
ACWI iShares MSCI ACWI ETF 0.5 32 26 4.7 -7.2
DGT State Street SPDR Global Dow ETF 0.4 50 8 6.0 -6.0
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.4 45 13 1.6 -10.3
SMLF iShares U.S. SmallCap Equity Factor ETF 0.4 15 43 5.2 -6.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.4 20 38 4.8 -7.2
KLMT Invesco MSCI Global Climate 500 ETF 0.4 10 48 4.9 -7.0
VT Vanguard Total World Stock ETF 0.4 6 52 5.1 -6.8
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.4 12 46 4.3 -7.6
IGRO iShares International Dividend Growth ETF 0.3 15 43 6.3 -5.7
FDIG Fidelity Crypto Industry and Digital Payments ETF 0.3 39 19 -0.8 -12.7
FLQS Franklin U.S. Small Cap Multifactor Index ETF 0.3 35 23 6.5 -5.4
FINX Global X FinTech ETF 0.3 68 -10 2.5 -9.4
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 0.3 75 -17 4.7 -7.2
GPT Intelligent Alpha Atlas ETF 0.3 69 -11 4.9 -7.0
IPKW Invesco International BuyBack Achievers ETF 0.3 55 3 8.0 -3.9
SHPP Pacer Industrials and Logistics ETF 0.3 60 -2 7.6 -4.4
AIQ Global X Artificial Intelligence & Technology ETF 0.3 68 -10 2.9 -9.0
OCEN IQ Clean Oceans ETF 0.3 45 13 5.0 -6.9
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.3 42 16 5.5 -6.4
ACWV iShares MSCI Global Min Vol Factor ETF 0.3 20 38 5.3 -6.6
CLNR IQ Cleaner Transport ETF 0.2 45 13 4.9 -7.0
IWO iShares Russell 2000 Growth ETF 0.2 24 34 0.6 -11.3
IWY iShares Russell Top 200 Growth ETF 0.2 20 38 3.2 -8.7
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.2 12 46 3.6 -8.3
EXI iShares Global Industrials ETF 0.2 42 16 3.7 -8.2
LRGF iShares U.S. Equity Factor ETF 0.2 8 50 4.7 -7.2
IWF iShares Russell 1000 Growth ETF 0.2 19 39 3.2 -8.7
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.2 42 16 8.6 -3.3
VTWG Vanguard Russell 2000 Growth ETF 0.2 10 48 0.8 -11.1
VONG Vanguard Russell 1000 Growth ETF 0.2 7 51 3.4 -8.5
ONEY State Street SPDR Russell 1000 Yield Focus ETF 0.2 20 38 9.1 -2.8
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.2 20 38 5.8 -6.1
VFQY Vanguard U.S. Quality Factor ETF 0.2 13 45 5.3 -6.6
HAP VanEck Natural Resources ETF 0.2 50 8 7.9 -4.0
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.1 39 19 4.3 -7.6
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 49 4.1 -7.8
IWM iShares Russell 2000 ETF 0.1 19 39 3.2 -8.8
GINN Goldman Sachs Innovate Equity ETF 0.1 52 6 3.2 -8.7
RSSL Global X Russell 2000 ETF 0.1 8 50 3.2 -8.8
EQAL Invesco Russell 1000 Equal Weight ETF 0.1 20 38 6.4 -5.5
DEW WisdomTree Global High Dividend Fund 0.1 58 0 7.6 -4.3
IWL iShares Russell Top 200 ETF 0.1 15 43 3.8 -8.1
VTWO Vanguard Russell 2000 ETF 0.1 7 51 3.3 -8.6
IWV iShares Russell 3000 ETF 0.1 20 38 4.0 -7.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 49 4.9 -7.1
IWB iShares Russell 1000 ETF 0.1 15 43 4.1 -7.8
VONE Vanguard Russell 1000 ETF 0.1 7 51 4.2 -7.7
VTHR Vanguard Russell 3000 ETF 0.1 7 51 4.2 -7.8
VFVA Vanguard U.S. Value Factor ETF 0.1 13 45 9.3 -2.6
IXJ iShares Global Healthcare ETF 0.1 42 16 5.7 -6.3
RVRB Reverb ETF 0.1 30 28 3.9 -8.0
SMMD iShares Russell 2500 ETF 0.1 15 43 5.8 -6.1
REVS Columbia Research Enhanced Value ETF 0.1 19 39 6.9 -5.0
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.1 20 38 4.8 -7.2
LQPE PEO AlphaQuest Thematic PE ETF 0.1 125 -67 6.0 -5.9
IWS iShares Russell Mid-Cap Value ETF 0.1 23 35 6.3 -5.6
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.1 39 19 2.7 -9.2
IUS Invesco RAFI Strategic US ETF 0.1 19 39 6.0 -6.0
IWR iShares Russell Midcap ETF 0.1 19 39 5.4 -6.5
RECS Columbia Research Enhanced Core ETF 0.1 15 43 5.0 -6.9
THRO iShares U.S. Thematic Rotation Active ETF 0.0 90 -32 3.0 -8.9
FBCG Fidelity Blue Chip Growth ETF 0.0 59 -1 2.2 -9.7
FMDE Fidelity Enhanced Mid Cap ETF 0.0 23 35 5.2 -6.8
VFMO Vanguard U.S. Momentum Factor ETF 0.0 13 45 2.5 -9.4
VYM Vanguard High Dividend Yield Index ETF 0.0 6 52 6.3 -5.6
AVUS Avantis U.S. Equity ETF 0.0 15 43 4.9 -7.0
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.0 14 44 4.2 -7.7
FESM Fidelity Enhanced Small Cap ETF 0.0 28 30 2.8 -9.1
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 41 6.0 -5.9
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 37 3.1 -8.9
GVUS Marketbeta Russell 1000 Value Equity ETF 0.0 12 46 5.7 -6.2
IWD iShares Russell 1000 Value ETF 0.0 19 39 5.6 -6.3
IWP iShares Russell Mid-Cap Growth ETF 0.0 23 35 2.6 -9.3
VONV Vanguard Russell 1000 Value ETF 0.0 7 51 5.7 -6.2
VSLU Applied Finance Valuation Large Cap ETF 0.0 49 9 4.7 -7.2
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 19 5.9 -6.0
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.0 30 28 3.8 -8.1

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

SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 17.8 %
Divided by: Fwd. P/BV 1.4 x
Less: Expense ratio 58 bp
Equals: ALTAR Score 11.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.55 CATEGORY
AVERAGE		 1.54
 
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.