iShares Global Industrials ETF
ALTAR
Score™
4.8% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
45.8x P/Sales
ratio
1.7x
P/BV
ratio
3.2x Div.
yield
1.6%


  • 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 12, 2006
Assets (mns) $424
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 201
Wgt avg mkt cap (mns) $55,011
Large cap (>$10bn) 93.6%
Mid cap ($2-10bn) 5.9%
Small cap (<$2bn) 0.1%
Developed mkts 99.7%
Emerging mkts 0.3%

TOP TEN HOLDINGS
UNION PACIFIC CORP 2.8 %
HONEYWELL INTERNATIONAL INC 2.8 %
SIEMENS AG-REG 2.3 %
UNITED PARCEL SERVICE-CL B 2.2 %
BOEING CO 2.1 %
RAYTHEON TECHNOLOGIES CORPORATION 2.0 %
CATERPILLAR INC 2.0 %
GENERAL ELECTRIC CO 1.9 %
3M CO 1.9 %
DEERE & CO 1.8 %
Total 21.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 47.3 %
JAPAN 15.6 %
FRANCE 5.8 %
BRITAIN 5.3 %
GERMANY 4.2 %
SWEDEN 4.1 %
IRELAND 3.8 %
CANADA 3.2 %
SWITZERLAND 2.5 %
DENMARK 1.9 %

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.
11.3% 11.3% 11.5% 9.1% 7.2%

Market Correlations
versus... Beta R-squared
S&P500 1.11 89%
MSCI EAFE 1.13 91%
MSCI Emg. Mkts. 0.86 68%

Technical Indicators
Recent close $108.73
30d moving avg. $107.10
Annualized volatility 22.1%
Short interest (ETF) 0.4%
Relative strength (RSI) 57

Liquidity measures
Avg. volume (thou.) 29
Turnover 0.7%
Bid/Ask (% of price) 0.14%
ADV underlying (mns) $34,626

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 96 potential alternatives to the iShares Global Industrials ETF 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™: 4.8%


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
(%)
XLI Industrial Select Sector SPDR Fund 50.7 13 33 4.8 -0.0
VIS Vanguard Industrials Index Fund 50.7 10 36 4.7 -0.2
FIDU Fidelity MSCI Industrials Index ETF 49.6 8 38 4.8 -0.0
IYJ iShares U.S. Industrials ETF 47.3 42 4 4.9 +0.1
JHMI John Hancock Multifactor Industrials ETF 44.4 40 6 5.0 +0.2
RGI Invesco S&P 500 Equal Weight Industrials ETF 43.1 40 6 4.2 -0.6
DFAI Dimensional International Core Equity Market ETF 33.7 18 28 6.3 +1.5
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 21.1 60 -14 4.6 -0.2
IMTM iShares Edge MSCI Intl Momentum Factor ETF 20.8 30 16 4.1 -0.7
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 19.8 63 -17 5.1 +0.3
MAGA Point Bridge GOP Stock Tracker ETF 18.2 72 -26 5.3 +0.5
BIBL Inspire ETF 17.6 35 11 4.4 -0.5
DMXF iShares ESG Advanced MSCI EAFE ETF 16.0 12 34 6.2 +1.3
EFG iShares MSCI EAFE Growth ETF 15.8 40 6 4.1 -0.8
IQIN IQ 500 International ETF 15.4 25 21 7.5 +2.7
DSTL Distillate US Fundamental Stability & Value ETF 15.4 39 7 5.6 +0.8
BBJP JPMorgan BetaBuilders Japan ETF 15.3 19 27 6.4 +1.6
EWJ iShares MSCI Japan ETF 15.3 51 -5 6.1 +1.3
ZJPN SPDR Solactive Japan ETF 15.2 14 32 6.5 +1.7
FLJP Franklin FTSE Japan ETF 15.2 9 37 6.5 +1.7
FLJH Franklin FTSE Japan Hedged ETF 15.2 9 37 6.5 +1.7
DBJP Xtrackers MSCI Japan Hedged Equity ETF 15.2 45 1 6.1 +1.3
IEV iShares Europe ETF 15.0 59 -13 6.2 +1.3
ESGD iShares MSCI EAFE ESG Optimized ETF 15.0 20 26 6.1 +1.3
JPN Xtrackers Japan JPX-Nikkei 400 Equity ETF 14.9 9 37 6.6 +1.8
JPXN iShares JPX-Nikkei 400 ETF 14.9 48 -2 6.2 +1.4
IQSI IQ Candriam ESG International Equity ETF 14.9 15 31 6.4 +1.5
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 14.7 17 29 6.1 +1.2
FTCS First Trust Capital Strength ETF 14.5 58 -12 5.0 +0.2
TPIF Timothy Plan International ETF 14.5 62 -16 6.0 +1.2
DGRW WisdomTree U.S. Quality Dividend Growth Fund 14.5 28 18 6.0 +1.2
CIL VictoryShares International Volatility Weighted Index ETF 14.1 45 1 6.3 +1.5
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 14.1 45 1 6.3 +1.4
BBEU JPMorgan BetaBuilders Europe ETF 14.0 9 37 6.6 +1.8
BKIE BNY Mellon International Equity ETF 14.0 4 42 6.5 +1.7
JHMD John Hancock Multifactor Developed International ETF 14.0 39 7 6.5 +1.7
PQIN PGIM QMA Strategic Alpha International Equity ETF 13.9 29 17 7.0 +2.2
VIG Vanguard Dividend Appreciation Index Fund 13.9 6 40 5.0 +0.1
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 13.8 35 11 5.9 +1.1
EZU iShares MSCI Eurozone ETF 13.8 51 -5 5.9 +1.1
GSID Goldman Sachs MarketBeta International Equity ETF 13.7 20 26 6.3 +1.5
RSP Invesco S&P 500 Equal Weight ETF 13.7 20 26 5.6 +0.7
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 13.7 20 26 6.3 +1.5
EFA iShares MSCI EAFE ETF 13.7 32 14 6.2 +1.4
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 13.6 14 32 6.1 +1.2
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 13.6 25 21 5.8 +1.0
EURZ Xtrackers Eurozone Equity ETF 13.6 9 37 6.4 +1.6
FLEE Franklin FTSE Europe ETF 13.5 9 37 6.4 +1.6
TPLC Timothy Plan US Large Cap Core ETF 13.5 52 -6 4.4 -0.4
DBEU Xtrackers MSCI Europe Hedged Equity ETF 13.5 45 1 5.9 +1.1
SHLD Victoryshares Protect America ETF 13.4 60 -14 6.1 +1.3
OUSA O'Shares FTSE US Quality Dividend ETF 13.4 48 -2 5.5 +0.7
FLEH Franklin FTSE Europe Hedged ETF 13.4 9 37 6.4 +1.6
PFM Invesco Dividend Achievers ETF 13.3 53 -7 5.0 +0.2
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 13.3 35 11 6.1 +1.2
HFXI IQ 50 Percent Hedged FTSE International ETF 13.3 20 26 6.4 +1.6
DGT SPDR Global Dow ETF 13.2 50 -4 6.2 +1.4
JKF iShares Morningstar Large Cap Value ETF 13.2 25 21 6.6 +1.8
PDEV Principal International Multi-Factor Core Index ETF 13.2 25 21 7.0 +2.2
PWV Invesco Dynamic Large Cap Value ETF 13.2 56 -10 6.8 +2.0
MGV Vanguard Mega Cap Value ETF 13.2 7 39 6.4 +1.6
IQLT iShares Edge MSCI Intl Quality Factor ETF 13.1 30 16 5.2 +0.4
TPHD Timothy Plan High Dividend Stock ETF 13.0 52 -6 5.6 +0.7
BLES Inspire Global Hope Large Cap ETF 12.9 52 -6 5.5 +0.7
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 12.8 24 22 6.5 +1.7
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 12.6 47 -1 5.9 +1.1
VGK Vanguard FTSE Europe ETF 12.5 8 38 6.7 +1.9
PPA Invesco Aerospace & Defense ETF 12.4 59 -13 5.1 +0.3
ROKT SPDR S&P Kensho Final Frontiers ETF 12.4 45 1 5.5 +0.6
FLQL Franklin LibertyQ U.S. Equity ETF 12.4 15 31 5.9 +1.1
SPEU SPDR Portfolio Europe ETF 12.3 9 37 6.7 +1.9
ISDX Invesco RAFI Strategic Developed ex-US ETF 12.3 23 23 6.2 +1.4
IEUR iShares Core MSCI Europe ETF 12.3 9 37 6.5 +1.7
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 12.2 7 39 6.5 +1.7
IWS iShares Russell Mid-Cap Value ETF 12.2 24 22 5.9 +1.1
SCHF Schwab International Equity ETF 12.2 6 40 6.5 +1.6
VOOV Vanguard S&P 500 Value ETF 12.1 10 36 6.6 +1.7
VTV Vanguard Value Index Fund 12.1 4 42 6.5 +1.7
VONV Vanguard Russell 1000 Value Index Fund 12.0 8 38 6.1 +1.3
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 12.0 25 21 5.8 +1.0
VTRN Victory Portfolios II VictoryShares Top Veteran Employers ET 11.9 60 -14 6.2 +1.3
SCHV Schwab U.S. Large-Cap Value ETF 11.9 4 42 6.0 +1.2
EUDG WisdomTree Europe Quality Dividend Growth Fund 11.9 58 -12 6.4 +1.6
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 11.9 45 1 6.0 +1.1
PRN Invesco DWA Industrials Momentum ETF 11.8 60 -14 4.8 +0.0
SPDW SPDR Portfolio Developed World ex-US ETF 11.8 4 42 6.2 +1.4
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 11.8 25 21 6.2 +1.4
REVS Columbia Research Enhanced Value ETF 11.8 19 27 6.7 +1.8
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 11.8 39 7 5.5 +0.7
IEFA iShares Core MSCI EAFE ETF 11.7 7 39 6.4 +1.6
XTN SPDR S&P Transportation ETF 11.7 35 11 3.3 -1.6
KNG Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF 11.7 75 -29 5.3 +0.4
NOBL ProShares S&P 500 Dividend Aristocrats ETF 11.7 35 11 5.7 +0.9
GSIE Goldman Sachs ActiveBeta International Equity ETF 11.6 25 21 6.0 +1.1
EFV iShares MSCI EAFE Value ETF 11.6 39 7 8.3 +3.4
RESD WisdomTree International ESG Fund 11.6 30 16 6.5 +1.6

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%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
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
  2019 2020E 2021E
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 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 15.6 %
Divided by: Fwd. P/BV 3.0 x
Less: Expense ratio 46 bp
Equals: ALTAR Score 4.8 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.58 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.