iShares MSCI Brazil ETF
ALTAR
Score™		 10.4% info Recommen-
dation		 OVERWEIGHT
2024E    2025E
P/E
ratio		 9.9x P/Sales
ratio		 1.0x
P/BV
ratio		 1.4x Div.
yield		 3.7%


  • 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) $3,698
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 52
Wgt avg mkt cap (mns) $32,680
Large cap (>$10bn) 67.2%
Mid cap ($2-10bn) 22.6%
Small cap (<$2bn) 0.5%
Developed mkts 12.0%
Emerging mkts 88.0%

TOP TEN HOLDINGS
NU HOLDINGS LTD. CLASS A 10.6 %
VALE SA 9.1 %
PETROBRAS - PETROLEO BRAS-PR 7.9 %
ITAU UNIBANCO HOLDING SA 7.8 %
PETROBRAS - PETROLEO BRAS 7.1 %
WEG SA 4.3 %
BANCO BRADESCO SA-PREF 3.3 %
AMBEV-SA 2.9 %
ITAUSA-INVESTIMENTOS ITAU-PR 2.7 %
BM&FBOVESPA SA 2.7 %
Total 58.5 %

TOP COUNTRY EXPOSURE
BRAZIL 87.6 %
CAYMAN ISLANDS 10.6 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-16.4% 1.6% -2.4% 0.3% 5.4%

Market Correlations
versus... Beta R-squared
S&P500 0.91 33%
MSCI EAFE 0.83 29%
MSCI Emg. Mkts. 0.61 15%

Technical Indicators
Recent close $27.16
30d moving avg. $28.78
Annualized volatility 27.3%
Short interest (ETF) 25.3%
Relative strength (RSI) 43

Liquidity measures
Avg. volume (thou.) 18,015
Turnover 13.2%
Bid/Ask (% of price) 0.03%
ADV underlying (mns) $2,229

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 247 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™: 10.4%


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 76.0 19 39 13.2 +2.8
FLLA Franklin FTSE Latin America ETF 51.7 19 39 13.2 +2.8
FBZ First Trust Brazil AlphaDEX Fund 39.0 80 -22 13.3 +3.0
FLN First Trust Latin America AlphaDEX Fund 32.1 80 -22 8.4 -1.9
BRAZ Global X Brazil Active ETF 31.9 75 -17 10.1 -0.2
ILF iShares Latin America 40 ETF 25.0 48 10 10.4 +0.1
FTHF First Trust Emerging Markets Human Flourishing ETF 13.5 75 -17 8.9 -1.5
DVYE iShares Emerging Markets Dividend ETF 13.2 49 9 18.8 +8.4
EMDM First Trust Bloomberg Emerging Market Democracies ETF 12.0 75 -17 8.2 -2.1
PXH Invesco FTSE RAFI Emerging Markets ETF 10.8 49 9 12.2 +1.9
DEM WisdomTree Emerging Markets High Dividend Fund 10.8 63 -5 18.9 +8.5
IPO Renaissance IPO ETF 10.3 60 -2 -4.3 -14.7
EEMD AAM S&P Emerging Markets High Dividend Value ETF 9.9 49 9 16.1 +5.8
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 9.1 39 19 12.5 +2.1
BKF iShares MSCI BIC ETF 8.8 69 -11 6.9 -3.4
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 8.7 86 -28 1.2 -9.1
EELV Invesco S&P Emerging Markets Low Volatility ETF 7.8 29 29 8.7 -1.6
FEM First Trust Emerging Markets AlphaDEX Fund 7.5 80 -22 13.0 +2.7
SDEM Global X MSCI SuperDividend Emerging Markets ETF 7.4 67 -9 15.0 +4.7
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 7.1 44 14 10.6 +0.3
EDOG ALPS Emerging Sector Dividend Dogs ETF 7.0 60 -2 13.4 +3.1
ICLN iShares Global Clean Energy ETF 6.8 41 17 6.0 -4.4
GVAL Cambria Global Value ETF 6.7 68 -10 13.1 +2.7
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 6.7 86 -28 1.6 -8.7
EMXC iShares MSCI Emerging Markets ex China ETF 6.4 25 33 6.7 -3.7
UEVM VictoryShares Emerging Markets Value Momentum ETF 6.3 45 13 12.3 +2.0
EMMF WisdomTree Emerging Markets Multifactor Fund 6.3 48 10 8.8 -1.6
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 6.1 24 34 9.2 -1.2
BPAY BlackRock Future Financial and Technology ETF 6.0 70 -12 8.2 -2.2
STXE Strive Emerging Markets Ex-China ETF 5.6 32 26 7.0 -3.4
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 5.5 32 26 6.9 -3.5
RNEM First Trust Emerging Markets Equity Select ETF 5.4 75 -17 7.6 -2.8
XCNY SPDR S&P Emerging Markets ex-China ETF 5.4 15 43 6.3 -4.1
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 5.3 95 -37 10.5 +0.1
EMFQ Amplify Emerging Markets FinTech ETF 5.2 69 -11 5.3 -5.1
XCEM Columbia EM Core ex-China ETF 5.2 16 42 7.7 -2.7
AOTG AOT Growth and Innovation ETF 5.0 75 -17 3.1 -7.3
EQLT iShares MSCI Emerging Markets Quality Factor ETF 4.9 35 23 7.4 -3.0
LOUP Innovator Deepwater Frontier Tech ETF 4.8 70 -12 1.3 -9.1
EMM Global X Emerging Markets ex-China ETF 4.8 75 -17 4.2 -6.1
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 4.8 90 -32 6.1 -4.2
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 4.6 18 40 6.8 -3.5
EEM iShares MSCI Emerging Markets ETF 4.6 69 -11 6.9 -3.5
JHEM John Hancock Multifactor Emerging Markets ETF 4.5 49 9 8.2 -2.2
FPXI First Trust International Equity Opportunities ETF 4.2 70 -12 4.9 -5.5
EVLU iShares MSCI Emerging Markets Value Factor ETF 4.2 35 23 12.4 +2.1
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 4.2 36 22 7.8 -2.5
BKEM BNY Mellon Emerging Markets Equity ETF 4.1 11 47 8.4 -2.0
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 4.1 50 8 13.0 +2.6
ECOW Pacer Emerging Markets Cash Cows 100 ETF 4.1 70 -12 9.2 -1.2
SCHE Schwab Emerging Markets Equity ETF 4.0 11 47 7.1 -3.3
ECON Columbia Emerging Markets Consumer ETF 4.0 49 9 7.3 -3.0
IEMG iShares Core MSCI Emerging Markets ETF 3.9 9 49 7.5 -2.9
PICK iShares MSCI Global Metals & Mining Producers ETF 3.9 39 19 12.8 +2.5
ESGE iShares ESG Aware MSCI EM ETF 3.9 25 33 7.1 -3.2
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 3.8 66 -8 10.0 -0.4
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 3.8 15 43 7.2 -3.1
EMGF iShares Emerging Markets Equity Factor ETF 3.8 25 33 8.5 -1.9
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 3.8 15 43 10.2 -0.1
EMXF iShares ESG Advanced MSCI EM ETF 3.8 16 42 6.8 -3.5
CGXU Capital Group International Focus Equity ETF 3.7 54 4 4.9 -5.5
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 3.7 88 -30 7.4 -2.9
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 3.7 45 13 11.0 +0.6
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 3.7 30 28 7.3 -3.1
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 3.7 60 -2 9.8 -0.5
XC WisdomTree Emerging Markets Ex-China Fund 3.6 32 26 6.0 -4.4
LDEM iShares ESG MSCI EM Leaders ETF 3.6 17 41 7.6 -2.7
VWO Vanguard FTSE Emerging Markets ETF 3.6 8 50 6.9 -3.4
EEMO Invesco S&P Emerging Markets Momentum ETF 3.5 29 29 5.5 -4.9
NUEM Nuveen ESG Emerging Markets Equity ETF 3.4 36 22 6.5 -3.9
EMC Global X Emerging Markets Great Consumer ETF 3.3 75 -17 4.5 -5.9
CUT Invesco MSCI Global Timber ETF 3.2 61 -3 8.4 -2.0
WOOD iShares Global Timber & Forestry ETF 3.2 42 16 9.8 -0.6
DEHP Dimensional Emerging Markets High Profitability ETF 3.1 41 17 5.0 -5.4
BFIIX Baron FinTech 3.0 75 -17 3.4 -7.0
FRDM Freedom 100 Emerging Markets ETF 3.0 49 9 7.3 -3.1
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 3.0 30 28 8.1 -2.3
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 2.9 59 -1 11.3 +0.9
ROAM Hartford Multifactor Emerging Markets ETF 2.8 44 14 15.8 +5.4
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 2.8 33 25 8.2 -2.1
ICOP iShares Copper and Metals Mining ETF 2.8 47 11 10.1 -0.3
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 2.8 32 26 6.2 -4.2
BLOK Amplify Transformational Data Sharing ETF 2.7 75 -17 0.0 -10.3
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 2.7 20 38 6.8 -3.6
DSTX Distillate International Fundamental Stability & Value ETF 2.7 55 3 8.0 -2.4
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 2.6 40 18 8.3 -2.1
EYLD Cambria Emerging Shareholder Yield ETF 2.6 66 -8 13.2 +2.8
RNRG Global X Renewable Energy Producers ETF 2.6 66 -8 5.5 -4.9
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 2.6 46 12 9.3 -1.0
DFAE Dimensional Emerging Core Equity Market ETF 2.5 35 23 7.3 -3.1
TIME Clockwise Core Equity & Innovation ETF 2.4 95 -37 2.3 -8.1
SPEM SPDR Portfolio Emerging Markets ETF 2.3 7 51 7.3 -3.1
SDIV Global X Superdividend ETF 2.3 58 0 14.9 +4.5
IWTR iShares MSCI Water Management Multisector ETF 2.3 47 11 5.0 -5.4
DFEV Dimensional Emerging Markets Value ETF 2.3 43 15 11.1 +0.7
DFEM Dimensional Emerging Markets Core Equity 2 ETF 2.2 38 20 7.8 -2.6
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 2.2 41 17 7.4 -3.0
FILL iShares MSCI Global Energy Producers ETF 2.2 39 19 9.6 -0.7
VIDI Vident International Equity Strategy ETF 2.1 61 -3 10.2 -0.2
AQWA Global X Clean Water ETF 2.1 50 8 4.2 -6.2
CGW Invesco S&P Global Water Index ETF 2.1 57 1 4.4 -6.0
PIO Invesco Global Water ETF 2.1 75 -17 5.2 -5.2
EFRA iShares Environmental Infrastructure and Industrials ETF 2.1 47 11 4.9 -5.5
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 2.0 58 0 4.6 -5.8
ERTH Invesco MSCI Sustainable Future ETF 2.0 62 -4 3.6 -6.8
WWJD Inspire International ETF 2.0 80 -22 7.3 -3.1
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.9 47 11 9.4 -1.0
VYMI Vanguard International High Dividend Yield ETF 1.8 22 36 9.8 -0.5
SFYF SoFi Social 50 ETF 1.7 29 29 -2.2 -12.5
ARKF ARK Fintech Innovation ETF 1.6 75 -17 -0.4 -10.8
IQDF FlexShares International Quality Dividend Index Fund 1.5 47 11 12.9 +2.5
IWP iShares Russell Mid-Cap Growth ETF 1.5 23 35 3.1 -7.3
BLLD JPMorgan Sustainable Infrastructure ETF 1.5 49 9 5.7 -4.7
BITQ Bitwise Crypto Industry Innovators ETF 1.5 85 -27 -1.9 -12.2
FDEM Fidelity Emerging Markets Multifactor ETF 1.4 25 33 12.3 +2.0
BIGFX Baron International Growth Retail 1.4 75 -17 3.1 -7.2
ACWX iShares MSCI ACWI ex U.S. ETF 1.4 34 24 7.0 -3.4
CGV Conductor Global Equity Value ETF 1.4 130 -72 10.9 +0.5
SCHY Schwab International Dividend Equity ETF 1.4 14 44 9.3 -1.0
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.4 18 40 7.0 -3.4
MEM Matthews Emerging Markets Equity Active ETF 1.3 79 -21 5.4 -5.0
SUPL ProShares Supply Chain Logistics ETF 1.3 58 0 14.2 +3.9
MOO VanEck Agribusiness ETF 1.3 53 5 9.7 -0.6
AVES Avantis Emerging Markets Value ETF 1.3 36 22 11.6 +1.2
BNE Blue Horizon BNE ETF 1.3 87 -29 4.6 -5.8
PWB Invesco Large Cap Growth ETF 1.3 56 2 3.2 -7.1
DEW WisdomTree Global High Dividend Fund 1.2 58 0 8.5 -1.9
FXO First Trust Financials AlphaDEX Fund 1.2 62 -4 7.4 -3.0
IXUS iShares Core MSCI Total International Stock ETF 1.2 7 51 7.2 -3.2
BOUT Innovator IBD Breakout Opportunities ETF 1.2 81 -23 3.6 -6.7
IQDE FlexShares International Quality Dividend Defensive Index ET 1.2 47 11 14.8 +4.4
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 1.2 45 13 5.7 -4.7
EDIV SPDR S&P Emerging Markets Dividend ETF 1.1 49 9 12.0 +1.6
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 1.1 68 -10 2.1 -8.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.1 41 17 7.4 -3.0
MINV Matthews Asia Innovators Active ETF 1.1 79 -21 3.0 -7.4
FDFF Fidelity Disruptive Finance ETF 1.1 50 8 4.1 -6.2
AVEM Avantis Emerging Markets Equity ETF 1.0 33 25 8.9 -1.5
JSTC Adasina Social Justice All Cap Global ETF 1.0 89 -31 4.9 -5.5
VXUS Vanguard Total International Stock ETF 1.0 7 51 7.2 -3.2
BLES Inspire Global Hope ETF 1.0 61 -3 6.4 -3.9
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.9 47 11 5.5 -4.9
VEU Vanguard FTSE All-World ex-US Index Fund 0.9 8 50 7.3 -3.1
JOET Virtus Terranova US Quality Momentum ETF 0.9 29 29 4.7 -5.7
IYF iShares U.S. Financials ETF 0.9 40 18 5.4 -5.0
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.8 30 28 8.0 -2.4
GQQQ Astoria US Quality Growth Kings ETF 0.8 35 23 6.3 -4.0
JIG JPMorgan International Growth ETF 0.8 55 3 4.6 -5.7
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 0.8 25 33 6.6 -3.7
VSGX Vanguard ESG International Stock ETF 0.7 12 46 6.8 -3.6
ARKW ARK Next Generation Internet ETF 0.7 87 -29 -0.7 -11.0
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.7 60 -2 0.5 -9.9
GLOF iShares Global Equity Factor ETF 0.7 20 38 7.0 -3.4
CWI SPDR MSCI ACWI ex-US ETF 0.7 30 28 6.9 -3.4
IXG iShares Global Financials ETF 0.7 42 16 6.2 -4.2
EMIF iShares Emerging Markets Infrastructure ETF 0.7 60 -2 8.5 -1.9
INNO Harbor Disruptive Innovation ETF 0.6 75 -17 1.6 -8.8
SDG iShares MSCI Global Sustainable Development Goals ETF 0.6 49 9 5.6 -4.7
GINN Goldman Sachs Innovate Equity ETF 0.6 52 6 2.8 -7.6
VEGI iShares MSCI Agriculture Producers ETF 0.6 39 19 9.2 -1.2
RODE Hartford Multifactor Diversified International ETF 0.5 29 29 11.8 +1.4
SHPP Pacer Industrials and Logistics ETF 0.5 60 -2 9.9 -0.5
ACWI iShares MSCI ACWI ETF 0.5 32 26 5.3 -5.1
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.5 42 16 8.1 -2.3
FFTY Innovator IBD 50 ETF 0.5 80 -22 -0.6 -11.0
DGT SPDR Global Dow ETF 0.5 50 8 6.8 -3.6
IWR iShares Russell Midcap ETF 0.4 19 39 5.4 -5.0
IGRO iShares International Dividend Growth ETF 0.4 15 43 7.5 -2.8
LRGF iShares U.S. Equity Factor ETF 0.4 8 50 5.6 -4.8
VFMO Vanguard U.S. Momentum Factor ETF 0.4 13 45 2.1 -8.3
VT Vanguard Total World Stock ETF 0.4 7 51 5.5 -4.9
PSC Principal U.S. Small-Cap ETF 0.4 38 20 5.9 -4.5
FINX Global X FinTech ETF 0.4 68 -10 2.6 -7.7
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 0.4 75 -17 4.7 -5.7
SMCP AlphaMark Actively Managed Small Cap ETF 0.4 90 -32 3.9 -6.5
TRFM AAM Transformers ETF 0.4 49 9 2.0 -8.4
RAYD Rayliant Quantitative Developed Market Equity ETF 0.4 80 -22 3.8 -6.5
KLMT Invesco MSCI Global Climate 500 ETF 0.4 10 48 5.4 -4.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.3 12 46 4.8 -5.6
JMOM JPMorgan U.S. Momentum Factor ETF 0.3 12 46 4.5 -5.9
JXI iShares Global Utilities ETF 0.3 43 15 5.9 -4.4
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.3 39 19 4.1 -6.3
EXI iShares Global Industrials ETF 0.3 42 16 4.5 -5.8
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.3 24 34 7.3 -3.0
SMLF iShares U.S. SmallCap Equity Factor ETF 0.3 15 43 4.6 -5.7
AVUV Avantis U.S. Small Cap Value ETF 0.3 25 33 8.8 -1.5
BUZZ VanEck Social Sentiment ETF 0.3 75 -17 0.3 -10.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.3 20 38 5.2 -5.2
IPAV Global X Infrastructure Development ex-U.S. ETF 0.3 55 3 9.7 -0.7
CLNR IQ Cleaner Transport ETF 0.3 45 13 6.8 -3.5
FDIG Fidelity Crypto Industry and Digital Payments ETF 0.2 39 19 -1.7 -12.0
ONEY SPDR Russell 1000 Yield Focus ETF 0.2 20 38 9.3 -1.1
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.2 12 46 4.5 -5.9
AIQ Global X Artificial Intelligence & Technology ETF 0.2 68 -10 4.0 -6.4
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.2 18 40 7.2 -3.1
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.2 15 43 4.7 -5.7
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.2 20 38 4.6 -5.8
VFVA Vanguard U.S. Value Factor ETF 0.2 13 45 10.0 -0.4
IWF iShares Russell 1000 Growth ETF 0.2 19 39 4.5 -5.9
VONG Vanguard Russell 1000 Growth ETF 0.2 8 50 4.6 -5.8
IWO iShares Russell 2000 Growth ETF 0.2 24 34 0.6 -9.8
VTWG Vanguard Russell 2000 Growth ETF 0.2 15 43 0.7 -9.7
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.2 80 -22 12.3 +1.9
IWM iShares Russell 2000 ETF 0.2 19 39 2.8 -7.6
DTEC ALPS Disruptive Technologies ETF 0.2 50 8 3.7 -6.7
RSSL Global X Russell 2000 ETF 0.2 8 50 2.6 -7.8
VTWO Vanguard Russell 2000 ETF 0.2 10 48 2.9 -7.5
IWN iShares Russell 2000 Value ETF 0.1 24 34 4.8 -5.6
VTWV Vanguard Russell 2000 Value ETF 0.1 15 43 4.9 -5.5
RVRB Reverb ETF 0.1 30 28 4.7 -5.7
XMAG Defiance Large Cap ex-Mag 7 ETF 0.1 35 23 5.1 -5.2
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 49 4.8 -5.6
KOMP SPDR S&P Kensho New Economies Composite ETF 0.1 20 38 1.0 -9.3
EQAL Invesco Russell 1000 Equal Weight ETF 0.1 20 38 6.3 -4.1
VIGI Vanguard International Dividend Appreciation ETF 0.1 15 43 6.4 -4.0
FELG Fidelity Enhanced Large Cap Growth ETF 0.1 18 40 4.6 -5.8
SMMD iShares Russell 2500 ETF 0.1 15 43 5.5 -4.9
IWV iShares Russell 3000 ETF 0.1 20 38 4.7 -5.7
ACWV iShares MSCI Global Min Vol Factor ETF 0.1 20 38 6.3 -4.0
VTHR Vanguard Russell 3000 ETF 0.1 10 48 4.7 -5.6
IWB iShares Russell 1000 ETF 0.1 15 43 4.8 -5.5
VONE Vanguard Russell 1000 ETF 0.1 8 50 4.9 -5.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 49 5.4 -5.0
ESGG FlexShares STOXX Global ESG Select Index Fund 0.1 42 16 5.1 -5.2
IXJ iShares Global Healthcare ETF 0.1 42 16 6.5 -3.8
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.1 32 26 4.8 -5.5
REVS Columbia Research Enhanced Value ETF 0.1 19 39 7.4 -3.0
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 38 6.8 -3.6
IWS iShares Russell Mid-Cap Value ETF 0.1 23 35 6.2 -4.1
AVUS Avantis U.S. Equity ETF 0.1 15 43 5.6 -4.8
FNDA Schwab Fundamental US Small Co. Index ETF 0.1 25 33 6.0 -4.4
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.1 14 44 5.0 -5.4
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 37 3.8 -6.6
RECS Columbia Research Enhanced Core ETF 0.0 15 43 5.5 -4.9
VYM Vanguard High Dividend Yield Index ETF 0.0 6 52 6.8 -3.6
IUS Invesco RAFI Strategic US ETF 0.0 19 39 6.8 -3.6
GVUS Marketbeta Russell 1000 Value Equity ETF 0.0 12 46 6.2 -4.2
IWD iShares Russell 1000 Value ETF 0.0 19 39 6.1 -4.2
VONV Vanguard Russell 1000 Value ETF 0.0 8 50 6.3 -4.1
FMDE Fidelity Enhanced Mid Cap ETF 0.0 23 35 6.0 -4.4
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.0 39 19 5.8 -4.6
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 19 6.8 -3.6
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 41 6.9 -3.5
AVLV Avantis U.S. Large Cap Value ETF 0.0 15 43 7.1 -3.3
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 33 6.8 -3.6
TGRW T. Rowe Price Growth Stock ETF 0.0 52 6 3.7 -6.7
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.0 30 28 4.7 -5.6

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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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 Brazil ETF
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 13.9 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 58 bp
Equals: ALTAR Score 10.4 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.52 CATEGORY
AVERAGE		 1.48
 
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.