iShares Global Industrials ETF
ALTAR
Score™
6.4% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
25.7x P/Sales
ratio
1.3x
P/BV
ratio
2.4x 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) $178
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 202
Wgt avg mkt cap (mns) $41,821
Large cap (>$10bn) 88.1%
Mid cap ($2-10bn) 11.8%
Small cap (<$2bn) 0.1%
Developed mkts 99.8%
Emerging mkts 0.2%

TOP TEN HOLDINGS
UNION PACIFIC CORP 3.0 %
HONEYWELL INTERNATIONAL INC 2.6 %
LOCKHEED MARTIN CORP 2.4 %
RAYTHEON TECHNOLOGIES CORPORATION 2.4 %
3M CO 2.3 %
SIEMENS AG-REG 2.2 %
BOEING CO 2.0 %
UNITED PARCEL SERVICE-CL B 1.8 %
CATERPILLAR INC 1.7 %
CANADIAN NATL RAILWAY CO 1.6 %
Total 22.0 %

TOP COUNTRY EXPOSURE
UNITED STATES 47.0 %
JAPAN 16.3 %
FRANCE 5.7 %
BRITAIN 5.4 %
IRELAND 3.7 %
GERMANY 3.6 %
SWEDEN 3.5 %
CANADA 3.4 %
SWITZERLAND 2.5 %
NETHERLANDS 1.7 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-15.7% -3.3% 4.2% 8.4% 5.3%

Market Correlations
versus... Beta R-squared
S&P500 1.09 89%
MSCI EAFE 1.18 90%
MSCI Emg. Mkts. 0.85 71%

Technical Indicators
Recent close $82.65
30d moving avg. $76.08
Annualized volatility 19.6%
Short interest (ETF) 0.2%
Relative strength (RSI) 60

Liquidity measures
Avg. volume (thou.) 28
Turnover 1.3%
Bid/Ask (% of price) 0.23%
ADV underlying (mns) $38,847

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 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™: 6.4%


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 51.1 13 33 6.0 -0.4
VIS Vanguard Industrials Index Fund 51.1 10 36 6.1 -0.4
FIDU Fidelity MSCI Industrials Index ETF 50.4 8 38 6.1 -0.3
IYJ iShares U.S. Industrials ETF 48.2 42 4 6.0 -0.4
JHMI John Hancock Multifactor Industrials ETF 44.6 40 6 6.1 -0.3
RGI Invesco S&P 500 Equal Weight Industrials ETF 42.6 40 6 5.9 -0.6
BIBL Inspire ETF 22.6 35 11 4.8 -1.7
VIG Vanguard Dividend Appreciation Index Fund 19.4 6 40 5.2 -1.2
MAGA Point Bridge GOP Stock Tracker ETF 18.3 72 -26 6.7 +0.3
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 17.6 63 -17 7.1 +0.7
TPIF Timothy Plan International ETF 17.4 62 -16 7.2 +0.8
DGRW WisdomTree U.S. Quality Dividend Growth Fund 17.0 28 18 6.6 +0.2
BBJP JPMorgan BetaBuilders Japan ETF 16.0 19 27 7.7 +1.3
IQIN IQ 500 International ETF 15.8 25 21 9.3 +2.9
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 15.7 25 21 6.0 -0.5
EWJ iShares MSCI Japan ETF 15.7 49 -3 7.4 +1.0
QJPN SPDR MSCI Japan StrategicFactors ETF 15.6 14 32 8.0 +1.6
JPXN iShares JPX-Nikkei 400 ETF 15.6 48 -2 7.5 +1.1
JPN Xtrackers Japan JPX-Nikkei 400 Equity ETF 15.6 9 37 7.9 +1.5
DBJP Xtrackers MSCI Japan Hedged Equity ETF 15.5 45 1 7.5 +1.1
JKD iShares Morningstar Large-Cap ETF 15.4 20 26 6.0 -0.5
HFXJ IQ 50 Percent Hedged FTSE Japan ETF 15.2 30 16 7.6 +1.2
GMAN Goldman Sachs Motif Manufacturing Revolution ETF 15.2 50 -4 4.3 -2.1
FLJP Franklin FTSE Japan ETF 15.1 9 37 7.8 +1.4
FLJH Franklin FTSE Japan Hedged ETF 14.9 9 37 7.8 +1.4
CIL VictoryShares International Volatility Weighted Index ETF 14.8 45 1 6.9 +0.5
DSTL Distillate US Fundamental Stability & Value ETF 14.5 39 7 6.5 +0.1
KLCD KFA Large Cap Quality Dividend Index ETF 14.4 41 5 5.3 -1.1
EFG iShares MSCI EAFE Growth ETF 14.1 40 6 4.8 -1.6
PPA Invesco Aerospace & Defense ETF 14.0 59 -13 5.8 -0.6
JHMD John Hancock Multifactor Developed International ETF 13.9 45 1 7.6 +1.2
RSP Invesco S&P 500 Equal Weight ETF 13.9 20 26 6.9 +0.5
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 13.8 24 22 7.4 +1.0
ESGD iShares MSCI EAFE ESG Optimized ETF 13.7 20 26 7.4 +1.0
TPHD Timothy Plan High Dividend Stock ETF 13.6 52 -6 7.3 +0.9
IEV iShares Europe ETF 13.5 59 -13 7.1 +0.7
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 13.5 14 32 7.2 +0.8
IQLT iShares Edge MSCI Intl Quality Factor ETF 13.2 30 16 6.4 -0.1
FVD First Trust Value Line Dividend Index Fund 13.2 70 -24 6.3 -0.2
TPLC Timothy Plan US Large Cap Core ETF 13.2 52 -6 5.5 -1.0
IQSI IQ Candriam ESG International Equity ETF 13.2 15 31 7.5 +1.1
EURZ Xtrackers Eurozone Equity ETF 13.0 9 37 7.4 +1.0
EZU iShares MSCI Eurozone ETF 12.8 49 -3 7.1 +0.7
HFXI IQ 50 Percent Hedged FTSE International ETF 12.8 20 26 7.8 +1.3
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 12.8 47 -1 6.5 +0.1
BLES Inspire Global Hope Large Cap ETF 12.7 61 -15 6.6 +0.1
PFM Invesco Dividend Achievers ETF 12.7 54 -8 5.4 -1.0
EFA iShares MSCI EAFE ETF 12.6 32 14 7.4 +0.9
USDY Pacific Global US Equity Income ETF 12.6 29 17 8.0 +1.6
BBEU JPMorgan BetaBuilders Europe ETF 12.5 9 37 7.6 +1.1
PQIN PGIM QMA Strategic Alpha International Equity ETF 12.5 29 17 8.3 +1.8
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 12.5 20 26 7.5 +1.1
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 12.4 35 11 7.2 +0.8
DBEU Xtrackers MSCI Europe Hedged Equity ETF 12.3 45 1 6.9 +0.5
HFXE IQ 50 PERCENT HEDGED FTSE EUROPE ETF 12.2 30 16 7.1 +0.7
OEUR O'shares FTSE Europe Quality Dividend ETF 12.2 48 -2 6.7 +0.3
ITA iShares U.S. Aerospace & Defense ETF 12.2 42 4 7.0 +0.5
PDEV Principal International Multi-Factor Core Index ETF 12.1 25 21 8.1 +1.7
FLEE Franklin FTSE Europe ETF 12.1 9 37 7.2 +0.8
IDMO Invesco S&P International Developed Momentum ETF 12.1 25 21 4.7 -1.7
DHDG WisdomTree Dynamic Currency Hedged Intl Quality Div Growth 12.0 48 -2 0.0 -6.4
DGT SPDR Global Dow ETF 12.0 50 -4 7.0 +0.6
SCHD Schwab U.S. Dividend Equity ETF 12.0 6 40 7.5 +1.1
FLEH Franklin FTSE Europe Hedged ETF 12.0 9 37 7.3 +0.9
XAR SPDR S&P Aerospace & Defense ETF 11.9 35 11 4.9 -1.6
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 11.9 9 37 6.0 -0.4
IDHQ Invesco S&P International Developed High Quality ETF 11.9 29 17 5.5 -0.9
KNG Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF 11.8 75 -29 5.8 -0.6
NOBL ProShares S&P 500 Dividend Aristocrats ETF 11.8 35 11 6.2 -0.3
IDY Pacific Global International Equity Income ETF 11.8 39 7 8.3 +1.8
FLQL Franklin LibertyQ U.S. Equity ETF 11.8 15 31 6.4 -0.1
QEFA SPDR MSCI EAFE Quality Mix ETF 11.6 30 16 6.9 +0.5
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 11.5 25 21 7.6 +1.2
ISDX Invesco Strategic Developed ex-US ETF 11.5 23 23 7.7 +1.3
SCHF Schwab International Equity ETF 11.5 6 40 7.6 +1.2
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 11.5 7 39 7.8 +1.4
SPDW SPDR Portfolio Developed World ex-US ETF 11.5 4 42 7.4 +1.0
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 11.4 45 1 7.0 +0.6
FNDF Schwab Fundamental International Large Co. Index ETF 11.3 25 21 9.0 +2.6
EQWL Invesco Russell Top 200 Equal Weight ETF 11.2 25 21 6.1 -0.3
RVRS Reverse Cap Weighted U.S. Large Cap ETF 11.2 29 17 7.4 +0.9
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 11.1 39 7 6.9 +0.4
IEUR iShares Core MSCI Europe ETF 11.1 9 37 7.6 +1.1
FEU SPDR Portfolio Europe ETF 11.1 9 37 7.6 +1.1
IPAC iShares Core MSCI Pacific ETF 11.1 9 37 7.6 +1.2
VSDA VictoryShares Dividend Accelerator ETF 11.0 35 11 4.8 -1.6
ISZE iShares Edge MSCI Intl Size Factor ETF 11.0 30 16 7.2 +0.7
XTN SPDR S&P Transportation ETF 11.0 35 11 5.2 -1.2
XKFF SPDR Kensho Final Frontiers ETF 11.0 45 1 5.3 -1.1
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 10.9 25 21 6.9 +0.5
CWI SPDR MSCI ACWI ex-US ETF 10.9 30 16 7.9 +1.4
EFV iShares MSCI EAFE Value ETF 10.9 39 7 10.4 +4.0
VO Vanguard Mid-Cap Index Fund 10.8 4 42 5.5 -0.9
DGRO iShares Core Dividend Growth ETF 10.8 8 38 6.6 +0.2
IEFA iShares Core MSCI EAFE ETF 10.8 7 39 7.5 +1.1
UFO Procure Space ETF 10.8 75 -29 -0.4 -6.8
RNDM Developed International Equity Select ETF 10.8 65 -19 6.5 +0.1
SPXT ProShares S&P 500 Ex-Technology ETF 10.8 27 19 5.7 -0.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 10.7 9 37 6.3 -0.1

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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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 16.0 %
Divided by: Fwd. P/BV 2.3 x
Less: Expense ratio 46 bp
Equals: ALTAR Score 6.4 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.59 CATEGORY
AVERAGE
1.51
 
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.