iShares Global Industrials
ALTAR
Score™
6.1% info Recommen-
dation
OVERWEIGHT
2019E    2020E
P/E
ratio
17.6x P/Sales
ratio
1.3x
P/BV
ratio
3.0x Div.
yield
2.2%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares S&P Global Industrials Index Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global Industrials Index.

FUND BASICS
Category Global Equities
Fund Sponsor Barclays Global Fund Advisors
Website www.ishares.com
Inception date Sep 15, 2006
Assets (mns) $208
Currency USD
Expense ratio 46 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 No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 200
Wgt avg mkt cap (mns) $53,877
Large cap (>$10bn) 91.8%
Mid cap ($2-10bn) 8.2%
Small cap (<$2bn) 0.0%
Developed mkts 99.7%
Emerging mkts 0.3%

TOP TEN HOLDINGS
BOEING CO 4.0 %
HONEYWELL INTERNATIONAL INC 2.8 %
UNION PACIFIC CORP 2.7 %
UNITED TECHNOLOGIES CORP 2.6 %
SIEMENS AG-REG 2.2 %
GENERAL ELECTRIC CO 2.1 %
3M CO 2.1 %
LOCKHEED MARTIN CORP 2.0 %
EADS NV 1.9 %
UNITED PARCEL SERVICE-CL B 1.9 %
Total 24.2 %

TOP COUNTRY EXPOSURE
UNITED STATES 48.6 %
JAPAN 15.3 %
FRANCE 5.9 %
BRITAIN 5.7 %
GERMANY 3.6 %
IRELAND 3.6 %
SWEDEN 3.1 %
CANADA 3.1 %
NETHERLANDS 2.5 %
SWITZERLAND 2.3 %

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.
22.3% 14.6% 7.7% 10.6% 6.6%

Market Correlations
versus... Beta R-squared
S&P500 1.09 86%
MSCI EAFE 1.10 75%
MSCI Emg. Mkts. 0.76 59%

Technical Indicators
Recent close $96.93
30d moving avg. $92.56
Annualized volatility 14.2%
Short interest (ETF) 0.0%
Relative strength (RSI) 65

Liquidity measures
Avg. volume (thou.) 18
Turnover 0.8%
Bid/Ask (% of price) 0.14%
ADV underlying (mns) $18,871

Distributions


FINDING ALTERNATIVE FUNDS

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

Benchmark ticker: EXI Expense: 46 bp ALTAR Score™: 6.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EXI
Ticker Fund
Name
Overlap1
vs EXI
(%)
Expense
ratio
(bp)
Savings
vs EXI
(bp)
ALTAR
Score™
(%)
ALTAR
vs EXI
(%)
VIS Vanguard Industrials 51.8 10 36 6.3 +0.2
XLI Industrials Select Sector SPDR 51.6 13 33 6.1 +0.0
FIDU Fidelity Industrials 50.3 8 38 6.0 -0.2
IYJ iShares DJ US Industrials 48.1 42 4 5.4 -0.7
JHMI John Hancock Multifactor Industrials 43.6 40 6 6.6 +0.5
RGI Invesco S&P Equal Weight Industrials 42.9 40 6 6.6 +0.5
FXR First Trust Industrials/Producer Durables 23.7 62 -16 6.9 +0.8
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation 21.1 60 -14 6.7 +0.6
BIBL Inspire 100 21.1 35 11 5.7 -0.4
VIG Vanguard Dividend Appreciation 20.7 6 40 5.5 -0.6
JKD iShares Morningstar Large Companies 18.5 20 26 5.8 -0.3
MAGA Point Bridge GOP Stock Tracker 18.1 72 -26 6.5 +0.4
PPA Invesco Aero & Defense 17.0 59 -13 5.1 -1.0
DGRW WisdomTree US Dividend Growth 16.9 28 18 6.8 +0.6
IFLY ETFMG Drone Economy Strategy 16.4 75 -29 0.5 -5.6
EFG iShares MSCI EAFE Growth 16.2 40 6 5.1 -1.0
IQIN IQ 500 International 16.2 25 21 8.4 +2.3
GMAN Goldman Sachs Motif Manufacturing Revolution 15.9 50 -4 4.7 -1.4
QJPN SPDR MSCI Japan Quality Mix 15.1 14 32 8.0 +1.9
CIZ Compass EMP Dev. 500 Enhanced Vol. Wgt. 15.1 45 1 6.9 +0.8

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

Content on this tab for subscribers only

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 Global Industrials
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 17.7 %
Divided by: Fwd. P/BV 2.7 x
Less: Expense ratio 46 bp
Equals: ALTAR Score 6.1 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.61 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.