iShares MSCI Eurozone ETF
ALTAR
Score™		 7.4% info Recommen-
dation		 UNDERWEIGHT
2023E    2024E
P/E
ratio		 12.4x P/Sales
ratio		 1.2x
P/BV
ratio		 1.4x Div.
yield		 3.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares MSCI EMU Index Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the European Monetary Union (EMU) markets, as measured by the MSCI EMU Index.

FUND BASICS
Category International Equities
Fund Sponsor Barclays Global Investors
Website www.ishares.com
Inception date Jul 25, 2000
Assets (mns) $7,310
Currency USD
Expense ratio 50 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 228
Wgt avg mkt cap (mns) $6,018
Large cap (>$10bn) 21.4%
Mid cap ($2-10bn) 5.7%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ASML HOLDING NV 5.2 %
LVMH MOET HENNESSY LOUIS VUI 4.9 %
TOTAL SA 2.8 %
SAP AG 2.6 %
SANOFI-AVENTIS 2.4 %
SIEMENS AG-REG 2.3 %
L'OREAL 2.1 %
ALLIANZ SE-REG 1.8 %
AIR LIQUIDE SA 1.7 %
SCHNEIDER ELECTRIC SA 1.7 %
Total 27.5 %

TOP COUNTRY EXPOSURE
FRANCE 33.5 %
GERMANY 24.9 %
NETHERLANDS 15.3 %
SPAIN 7.7 %
ITALY 6.1 %
FINLAND 2.9 %
BELGIUM 2.6 %
IRELAND 2.4 %
BRITAIN 1.3 %
SWITZERLAND 0.7 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
10.4% 2.1% 2.7% 5.5% 2.6%

Market Correlations
versus... Beta R-squared
S&P500 1.08 74%
MSCI EAFE 1.23 93%
MSCI Emg. Mkts. 0.92 60%

Technical Indicators
Recent close $43.49
30d moving avg. $43.59
Annualized volatility 26.3%
Short interest (ETF) 0.0%
Relative strength (RSI) 47

Liquidity measures
Avg. volume (thou.) 3,237
Turnover 1.9%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $10,361

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 424 potential alternatives to the iShares MSCI Eurozone ETF ETF based on the alternatives' overlap in portfolio holdings with EZU. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EZU Expense: 50 bp ALTAR Score™: 7.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EZU
Ticker Fund
Name		 Overlap1
vs EZU
(%)		 Expense
ratio
(bp)		 Savings
vs EZU
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EZU
(%)
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 89.3 47 3 7.5 +0.1
FEZ SPDR EURO STOXX 50 ETF 63.1 29 21 13.6 +6.1
IEV iShares Europe ETF 50.0 58 -8 7.4 -0.1
DBEU Xtrackers MSCI Europe Hedged Equity ETF 49.9 46 4 7.7 +0.3
FLEH Franklin FTSE Europe Hedged ETF 48.3 9 41 8.2 +0.7
BBEU JPMorgan BetaBuilders Europe ETF 48.2 9 41 8.0 +0.6
FLEE Franklin FTSE Europe ETF 47.6 9 41 8.0 +0.5
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 46.5 25 25 8.2 +0.8
IEUR iShares Core MSCI Europe ETF 45.3 9 41 7.7 +0.3
HEDJ WisdomTree Europe Hedged Equity Fund 45.1 58 -8 9.7 +2.3
SPEU SPDR Portfolio Europe ETF 43.7 9 41 7.6 +0.2
VGK Vanguard FTSE Europe ETF 42.7 8 42 7.8 +0.4
EWQ iShares MSCI France ETF 36.4 50 0 7.2 -0.2
FLFR Franklin FTSE France ETF 36.0 9 41 7.5 +0.1
RDMX SPDR Bloomberg SASB Developed Markets EX US ESG Select ETF 34.6 12 38 7.6 +0.2
EFV iShares MSCI EAFE Value ETF 33.8 35 15 10.3 +2.8
FEUZ First Trust Eurozone AlphaDEX ETF 33.7 80 -30 8.9 +1.5
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 33.6 20 30 7.4 -0.1
EUDG WisdomTree Europe Quality Dividend Growth Fund 33.5 58 -8 6.5 -1.0
DMXF iShares ESG Advanced MSCI EAFE ETF 33.4 12 38 6.6 -0.8
EFA iShares MSCI EAFE ETF 33.2 32 18 7.7 +0.3
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 32.9 35 15 7.8 +0.4
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 32.8 14 36 7.3 -0.1
EFG iShares MSCI EAFE Growth ETF 32.6 35 15 5.2 -2.2
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 32.5 35 15 7.8 +0.3
ESGD iShares MSCI EAFE ESG Optimized ETF 32.2 20 30 7.5 +0.0
IQSI IQ Candriam ESG International Equity ETF 31.4 15 35 7.8 +0.4
IQIN IQ 500 International ETF 31.3 25 25 8.7 +1.3
JIDA JPMorgan ActiveBuilders International Equity ETF 31.3 25 25 7.6 +0.2
JIRE JPMorgan International Research Enhanced Equity ETF 31.0 24 26 7.8 +0.4
JHMD John Hancock Multifactor Developed International ETF 30.9 39 11 8.6 +1.1
DOL WisdomTree International LargeCap Dividend Fund 30.6 48 2 9.6 +2.2
IVLU iShares Edge MSCI Intl Value Factor ETF 30.3 30 20 12.1 +4.7
GSID Goldman Sachs MarketBeta International Equity ETF 30.0 20 30 7.9 +0.5
HFXI IQ 50 Percent Hedged FTSE International ETF 29.3 20 30 8.1 +0.7
GSIE Goldman Sachs ActiveBeta International Equity ETF 29.1 25 25 8.9 +1.5
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 28.9 45 5 9.2 +1.8
BKIE BNY Mellon International Equity ETF 28.6 4 46 8.4 +1.0
IEFA iShares Core MSCI EAFE ETF 28.4 7 43 7.7 +0.3
IQLT iShares Edge MSCI Intl Quality Factor ETF 28.3 30 20 8.2 +0.8
IMFL Invesco International Developed Dynamic Multifactor ETF 28.0 34 16 11.2 +3.8
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 27.9 7 43 8.0 +0.6
OEUR ALPS O'shares Europe Quality Dividend ETF 27.6 48 2 8.3 +0.9
QEFA SPDR MSCI EAFE Quality Mix ETF 26.7 30 20 7.8 +0.3
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 26.5 20 30 7.2 -0.2
FNDF Schwab Fundamental International Large Co. Index ETF 26.3 25 25 9.6 +2.2
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 26.1 40 10 9.6 +2.2
DWM WisdomTree International Equity Fund 26.0 48 2 9.4 +2.0
SCHF Schwab International Equity ETF 26.0 6 44 8.2 +0.8
PXUS Principal International Adaptive Multi-Factor ETF 25.8 24 26 7.7 +0.2
IDEV iShares Core MSCI International Developed Markets ETF 25.6 4 46 7.8 +0.4
EWG iShares MSCI Germany ETF 25.1 50 0 8.1 +0.6
FLGR Franklin FTSE Germany ETF 24.9 9 41 8.8 +1.4
DBGR Xtrackers MSCI Germany Hedged Equity ETF 24.9 45 5 8.3 +0.8
CIL VictoryShares International Volatility Weighted Index ETF 24.5 45 5 7.9 +0.5
FEP First Trust Europe AlphaDEX Fund 24.4 80 -30 9.8 +2.4
ISZE iShares Edge MSCI Intl Size Factor ETF 23.6 30 20 7.4 0.0
DAX Global X DAX Germany ETF 23.2 20 30 8.1 +0.7
DTH WisdomTree International High Dividend Fund 23.0 58 -8 11.4 +4.0
SPDW SPDR Portfolio Developed World ex-US ETF 22.9 4 46 7.6 +0.2
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 22.9 39 11 9.0 +1.6
VEA Vanguard FTSE Developed Markets ETF 22.8 5 45 8.0 +0.6
DFIV Dimensional International Value ETF 22.7 30 20 10.0 +2.5
RNDM First Trust Developed International Equity Select ETF 22.7 65 -15 7.1 -0.4
DFAI Dimensional International Core Equity Market ETF 22.5 18 32 7.9 +0.4
INTF iShares Edge MSCI Multifactor Intl ETF 22.5 15 35 9.1 +1.7
QINT American Century Quality Diversified International ETF 22.4 39 11 9.6 +2.2
FIVA Fidelity International Value Factor ETF 21.7 39 11 11.3 +3.9
IQDG WisdomTree International Quality Dividend Growth Fund 21.5 42 8 5.9 -1.5
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 21.4 58 -8 5.9 -1.6
CWI SPDR MSCI ACWI ex-US ETF 21.4 30 20 8.1 +0.6
NUDM Nuveen ESG International Developed Markets Equity ETF 21.3 30 20 8.6 +1.2
ACWX iShares MSCI ACWI ex U.S. ETF 21.3 32 18 8.1 +0.7
DIHP Dimensional International High Profitability ETF 21.1 29 21 9.0 +1.5
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 21.0 41 9 8.2 +0.8
RESD WisdomTree International ESG Fund 20.8 30 20 7.8 +0.4
UMMA Wahed Dow Jones Islamic World ETF 20.6 65 -15 5.3 -2.1
TPIF Timothy Plan International ETF 19.9 62 -12 7.4 +0.0
IDHQ Invesco S&P International Developed Quality ETF 19.7 29 21 8.3 +0.8
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 19.4 20 30 12.7 +5.3
RFEU First Trust Riverfront Dynamic Europe ETF 19.2 83 -33 8.7 +1.3
VYMI Vanguard International High Dividend Yield ETF 19.0 22 28 11.3 +3.9
DFIC Dimensional International Core Equity 2 ETF 18.9 23 27 8.4 +0.9
VEU Vanguard FTSE All-World ex-US Index Fund 18.9 7 43 8.3 +0.8
DXGE WisdomTree Germany Hedged Equity Fund 18.8 48 2 10.5 +3.0
BKCI BNY Mellon Concentrated International ETF 18.7 80 -30 4.5 -2.9
AVDE Avantis International Equity ETF 18.4 23 27 9.3 +1.9
IMTM iShares Edge MSCI Intl Momentum Factor ETF 18.3 30 20 8.5 +1.1
IXUS ishares Core MSCI Total International Stock ETF 18.2 7 43 8.0 +0.6
AVIV Avantis International Large Cap Value ETF 18.2 25 25 10.3 +2.9
WWJD Inspire International ESG ETF 17.8 69 -19 7.6 +0.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 17.1 39 11 8.6 +1.2
VXUS Vanguard Total International Stock ETF 17.1 7 43 8.1 +0.7
JIG JPMorgan International Growth ETF 16.8 55 -5 5.2 -2.2
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 16.8 42 8 6.6 -0.8
ESGN Columbia Sustainable International Equity Income ETF 16.5 45 5 9.0 +1.6
DWMF WisdomTree International Multifactor Fund 16.2 38 12 9.3 +1.9
FDEV Fidelity Targeted International Factor ETF 16.0 39 11 7.9 +0.5
HDEF Xtrackers MSCI EAFE High Dividend Yield Hedged Equity ETF 15.9 20 30 10.5 +3.1
VSGX Vanguard ESG International Stock ETF 15.8 12 38 7.8 +0.4
EFAV iShares Edge MSCI Min Vol EAFE ETF 15.4 20 30 6.6 -0.8
VWID Virtus WMC International Dividend ETF 15.4 49 1 10.3 +2.9
PIZ Invesco DWA Developed Markets Momentum ETF 15.4 80 -30 6.3 -1.1
RXI iShares Global Consumer Discretionary ETF 15.3 40 10 6.7 -0.8
DGT SPDR Global Dow ETF 15.3 50 0 8.4 +0.9
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Id 15.2 32 18 7.1 -0.4
FIDI Fidelity International High Dividend ETF 15.2 39 11 13.2 +5.8
EUFN iShares MSCI Europe Financials ETF 15.1 48 2 11.4 +4.0
IQDY FlexShares International Quality Dividend Dynamic Index Fund 15.0 47 3 11.6 +4.2
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 15.0 24 26 8.9 +1.5
VMAT V-Shares MSCI World ESG Materiality and Carbon Transition ET 15.0 39 11 6.8 -0.6
BKIS BNY Mellon Sustainable International Equity ETF 14.9 70 -20 5.6 -1.8
CGGO Capital Group Global Growth Equity ETF 14.6 47 3 4.9 -2.5
RODM Hartford Multifactor Developed Markets (ex-US) ETF 14.5 29 21 10.1 +2.7
CGXU Capital Group International Focus Equity ETF 14.2 54 -4 4.3 -3.2
EXI iShares Global Industrials ETF 14.2 40 10 6.5 -0.9
EWN iShares MSCI Netherlands ETF 13.3 50 0 5.4 -2.0
LEGR First Trust Indxx Innovative Transaction & Process ETF 13.2 65 -15 9.0 +1.5
CID VictoryShares Intl High Dividend Volatility Wtd Index ETF 13.1 45 5 10.9 +3.4
WKLY SoFi Weekly Dividend ETF 13.0 49 1 9.4 +2.0
DFAX Dimensional World ex U.S. Core Equity 2 ETF 13.0 31 19 8.9 +1.5
DWCR Arrow DWA Country Rotation ETF 12.8 111 -61 6.3 -1.1
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 12.7 80 -30 6.1 -1.3
NTZG Nuveen Global Net Zero Transition ETF 12.4 55 -5 6.1 -1.3
ESGG FlexShares STOXX Global ESG Impact Index Fund 12.2 42 8 7.1 -0.3
JPIN JPMorgan Diversified Return International Equity ETF 12.2 37 13 9.5 +2.1
FDT First Trust Developed Markets ex-US Alphadex Fund 12.1 80 -30 11.3 +3.9
IGRO iShares International Dividend Growth ETF 11.9 15 35 9.4 +1.9
UIVM VictoryShares USAA MSCI International Value Momentum ETF 11.8 35 15 10.3 +2.9
BLES Inspire Global Hope Large Cap ETF 11.6 49 1 7.2 -0.2
CLNR IQ Cleaner Transport ETF 11.3 45 5 7.2 -0.3
WRND IQ Global Equity R&D Leaders ETF 11.2 18 32 8.5 +1.0
IDMO Invesco S&P International Developed Momentum ETF 11.2 25 25 9.5 +2.1
IDOG ALPS International Sector Dividend Dogs ETF 11.2 50 0 13.6 +6.2
IQDE FlexShares International Quality Dividend Defensive Index ET 11.2 47 3 10.7 +3.3
OCEN IQ Clean Oceans ETF 11.1 45 5 6.8 -0.6
DSTX Distillate International Fundamental Stability & Value ETF 10.7 55 -5 8.6 +1.2
IQDF FlexShares International Quality Dividend Index Fund 10.7 47 3 11.9 +4.5
TTAI TrimTabs All Cap International Free-Cash-Flow ETF 10.6 61 -11 9.3 +1.9
IXG iShares Global Financials ETF 10.5 40 10 10.4 +3.0
WLDR Affinity World Leaders Equity ETF 10.4 67 -17 10.6 +3.2
FGM First Trust Germany AlphaDEX Fund 10.2 80 -30 11.0 +3.6
TOK iShares MSCI Kokusai ETF 10.2 25 25 7.0 -0.5
EUDV ProShares MSCI Europe Dividend Growers ETF 10.0 56 -6 6.2 -1.2
KOKU Xtrackers MSCI Kokusai Equity ETF 9.9 9 41 7.2 -0.2
MOTI VanEck Morningstar International Moat ETF 9.9 57 -7 9.1 +1.7
CIRC JPMorgan Sustainable Consumption ETF 9.8 49 1 5.8 -1.6
RODE Hartford Multifactor Diversified International ETF 9.7 29 21 13.6 +6.2
IOO iShares Global 100 ETF 9.5 40 10 7.2 -0.2
TEMP JPMorgan Climate Change Solutions ETF 9.5 49 1 4.6 -2.8
URTH iShares MSCI World ETF 9.5 24 26 7.1 -0.4
GCOW Pacer Global High Dividend ETF 9.4 60 -10 16.1 +8.6
MOTG VanEck Morningstar Global Wide Moat ETF 9.3 52 -2 7.1 -0.3
VIGI Vanguard International Dividend Appreciation ETF 9.3 15 35 6.6 -0.8
LVHI Legg Mason International Low Volatility High Dividend ETF 9.3 40 10 9.9 +2.5
FICS First Trust International Developed Capital Strength ETF 9.2 70 -20 7.0 -0.4
QWLD SPDR MSCI World StrategicFactors ETF 8.6 30 20 7.6 +0.2
ACWI iShares MSCI ACWI ETF 8.5 32 18 7.2 -0.3
DMDV AAM S&P Developed Markets High Dividend Value ETF 8.4 39 11 18.9 +11.5
DWX SPDR S&P International Dividend ETF 8.2 45 5 8.8 +1.4
DEW WisdomTree Global High Dividend Fund 8.2 58 -8 11.0 +3.5
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 8.1 45 5 4.8 -2.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 7.9 20 30 7.5 +0.1
DIM WisdomTree International MidCap Dividend Fund 7.9 58 -8 9.8 +2.4
JRNY ALPS Global Travel Beneficiaries ETF 7.8 65 -15 0.8 -6.6
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 7.8 47 3 6.3 -1.1
KXI iShares Global Consumer Staples ETF 7.7 40 10 5.7 -1.7
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 7.7 12 38 6.7 -0.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 7.7 9 41 7.0 -0.4
EWP iShares MSCI Spain ETF 7.6 50 0 8.7 +1.3
BNE Blue Horizon BNE ETF 7.5 87 -37 5.2 -2.2
VIDI Vident International Equity Fund 7.4 61 -11 12.3 +4.9
XT iShares Exponential Technologies ETF 7.4 46 4 3.8 -3.7
UPWD JPMorgan Social Advancement ETF 7.3 49 1 6.7 -0.7
EWI iShares MSCI Italy ETF 7.3 50 0 10.5 +3.1
FLIY Franklin FTSE Italy ETF 7.3 9 41 10.2 +2.8
ACWF iShares MSCI Global Multifactor ETF 7.3 35 15 9.8 +2.4
VT Vanguard Total World Stock ETF 7.0 7 43 7.3 -0.2
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 7.0 25 25 7.8 +0.4
EFAD ProShares MSCI EAFE Dividend Growers ETF 7.0 51 -1 6.6 -0.8
KOCG FIS Knights of Columbus Global Belief ETF 6.9 75 -25 8.0 +0.6
RFDI First Trust Riverfront Dynamic Developed International ETF 6.8 83 -33 12.3 +4.9
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 6.7 45 5 7.9 +0.5
ICOW Pacer Developed Markets International Cash Cows 100 ETF 6.5 65 -15 16.8 +9.4
BECO BlackRock Future Climate and Sustainable Economy ETF 6.4 70 -20 5.0 -2.4
AIVI WisdomTree International AI Enhanced Value Fund 6.4 58 -8 8.9 +1.5
GSFP Goldman Sachs Future Planet Equity ETF 6.2 75 -25 4.0 -3.4
FDD First Trust Stoxx European Select Dividend Index Fund 6.2 58 -8 14.4 +7.0
IDV iShares International Select Dividend ETF 6.1 49 1 16.3 +8.9
MXI iShares Global Materials ETF 6.0 40 10 8.3 +0.9
HAP VanEck Natural Resources ETF 6.0 49 1 9.4 +1.9
KLDW Gavekal Knowledge Leaders Developed World ETF 5.9 75 -25 5.3 -2.2
GBUY Goldman Sachs Future Consumer Equity ETF 5.8 75 -25 3.2 -4.2
JXI iShares Global Utilities ETF 5.8 40 10 6.4 -1.1
BKES BNY Mellon Sustainable Global Emerging Markets ETF 5.7 11 39 5.1 -2.3
RAYD Rayliant Quantitative Developed Market Equity ETF 5.7 80 -30 9.5 +2.1
IDLV Invesco S&P International Developed Low Volatility ETF 5.7 25 25 6.7 -0.7
GLIF AGFiQ Global Infrastructure ETF 5.7 45 5 6.2 -1.2
KOIN Innovation Shares NextGen Protocol ETF 5.6 75 -25 7.6 +0.2
IXJ iShares Global Healthcare ETF 5.6 40 10 8.2 +0.8
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde 5.5 63 -13 5.1 -2.3
WBAT WisdomTree Battery Value Chain and Innovation Fund 5.4 45 5 3.2 -4.2
ENRG SoFi Smart Energy ETF 5.3 59 -9 -1.7 -9.1
FGD First Trust Dow Jones Global Select Dividend Index Fund 5.3 57 -7 14.0 +6.6
GNR SPDR S&P Global Natural Resources ETF 5.3 40 10 10.5 +3.1
IXN iShares Global Tech ETF 5.1 40 10 5.9 -1.6
TINY ProShares Nanotechnology ETF 5.0 58 -8 1.8 -5.6
EFAS Global X MSCI SuperDividend EAFE ETF 4.8 55 -5 12.1 +4.7
BLLD JPMorgan Sustainable Infrastructure ETF 4.7 49 1 5.5 -2.0
IXC iShares Global Energy ETF 4.6 40 10 9.5 +2.0
CARZ First Trust NASDAQ Global Auto Index Fund 4.6 70 -20 6.6 -0.8
SOLR SmartETFs Sustainable Energy II Fund 4.6 79 -29 3.8 -3.6
FAN First Trust Global Wind Energy ETF 4.5 62 -12 5.0 -2.4
FILL iShares MSCI Global Energy Producers ETF 4.5 39 11 10.5 +3.1
FYLD Cambria Foreign Shareholder Yield ETF 4.4 59 -9 14.1 +6.7
GVAL Cambria Global Value ETF 4.4 71 -21 14.5 +7.0
SCHY Schwab International Dividend Equity ETF 4.2 14 36 9.2 +1.8
SYNB Putnam BioRevolution ETF 4.2 70 -20 3.8 -3.6
CGGR Capital Group Growth ETF 4.2 39 11 5.0 -2.5
IVAL Alpha Architect International Quantitative Value ETF 4.2 60 -10 13.1 +5.7
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 4.2 75 -25 5.9 -1.5
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 4.2 46 4 10.0 +2.6
IXP iShares Global Comm Services ETF 4.1 40 10 8.0 +0.5
NXTG First Trust Indxx NextG ETF 4.1 70 -20 6.9 -0.6
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 4.1 50 0 3.7 -3.7
AIQ Global X Future Analytics Tech ETF 4.0 68 -18 5.3 -2.2
GREI Goldman Sachs Future Real Estate and Infrastructure Equity E 4.0 75 -25 3.6 -3.8
LOUP Innovator Loup Frontier Tech ETF 3.9 70 -20 2.1 -5.3
GENY Principal Millennials Index ETF 3.8 45 5 6.7 -0.7
VCLN Virtus Duff & Phelps Clean Energy ETF 3.8 59 -9 4.0 -3.4
HART IQ Healthy Hearts ETF 3.5 45 5 6.2 -1.2
IVEG iShares Emergent Food and AgTech Multisector ETF 3.5 47 3 9.0 +1.6
FID First Trust S&P International Dividend Aristocrats ETF 3.5 60 -10 11.5 +4.0
SHPP Pacer Industrials and Logistics ETF 3.5 60 -10 10.9 +3.5
DIVS SmartETFs Dividend Builder ETF 3.5 65 -15 5.9 -1.6
GII SPDR S&P Global Infrastructure ETF 3.4 40 10 4.8 -2.6
IGF iShares Global Infrastructure ETF 3.4 40 10 4.8 -2.6
IMOM Alpha Architect International Quantitative Momentum ETF 3.4 60 -10 9.0 +1.6
WDIV SPDR Global Dividend ETF 3.3 40 10 11.8 +4.4
BULD Pacer BlueStar Engineering the Future ETF 3.3 60 -10 0.1 -7.3
DRIV Global X Autonomous & Electric Vehicles ETF 3.2 68 -18 5.0 -2.4
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 3.2 47 3 5.6 -1.8
MOTO SmartETFs Smart Transportation & Technology ETF 3.1 68 -18 7.7 +0.3
FNDC Schwab Fundamental International Small Co. Index ETF 3.1 39 11 7.2 -0.2
ISHP First Trust S-Network E-Commerce ETF 3.1 60 -10 4.5 -2.9
BTEK BlackRock Future Tech ETF 3.0 88 -38 0.8 -6.7
DINT Davis Select International ETF 3.0 64 -14 8.0 +0.6
EWK iShares MSCI Belgium Capped ETF 3.0 50 0 7.6 +0.2
SMOG VanEck Low Carbon Energy ETF 2.9 55 -5 3.4 -4.1
EFNL iShares MSCI Finland Capped ETF 2.9 55 -5 7.2 -0.2
DTEC ALPS Disruptive Technologies ETF 2.9 50 0 4.5 -2.9
FDNI First Trust Dow Jones International Internet ETF 2.8 65 -15 2.8 -4.6
SNSR Global X Internet of Things Thematic ETF 2.8 68 -18 5.0 -2.4
QTUM Defiance Quantum ETF 2.6 40 10 4.7 -2.7
ROBO Robo Global Robotics & Automation Index ETF 2.6 95 -45 3.4 -4.0
FCLD Fidelity Cloud Computing ETF 2.6 39 11 4.9 -2.5
IQM Franklin Intelligent Machines ETF 2.5 50 0 4.1 -3.3
JSTC Adasina Social Justice All Cap Global ETF 2.4 89 -39 6.7 -0.7
IDNA iShares Genomics Immunology & Healthcare ETF 2.4 47 3 -8.3 -15.7
GTEK Goldman Sachs Future Tech Leaders Equity ETF 2.4 75 -25 4.2 -3.2
INNO Harbor Disruptive Innovation ETF 2.4 75 -25 -3.6 -11.0
ARKX ARK Space Exploration & Innovation ETF 2.3 75 -25 2.2 -5.2
PRNT The 3D Printing ETF 2.3 66 -16 -3.2 -10.6
FPXE First Trust IPOX Europe Equity Opportunities ETF 2.3 70 -20 6.2 -1.3
XDNA Strategic CRISPR & Gene Editing Technology ETF 2.3 78 -28 -3.3 -10.7
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 2.3 70 -20 3.2 -4.2
EIRL iShares MSCI Ireland Capped ETF 2.3 50 0 6.3 -1.2
FTAG First Trust Indxx Global Agriculture ETF 2.2 70 -20 10.3 +2.9
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 2.2 49 1 6.2 -1.2
ISCF iShares Edge MSCI Multifactor Intl Small-Cap ETF 2.2 40 10 10.6 +3.2
ACWV iShares MSCI Global Min Vol Factor ETF 2.2 20 30 8.3 +0.9
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 2.2 68 -18 0.6 -6.8
JETS US Global Jets ETF 2.1 60 -10 -16.0 -23.5
FPXI First Trust International Equity Opportunities ETF 2.1 70 -20 -0.6 -8.0
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 2.1 47 3 -0.9 -8.3
ICLN iShares Global Clean Energy ETF 2.1 40 10 3.6 -3.8
CGUS Capital Group Core Equity ETF 2.0 33 17 6.7 -0.7
IWTR iShares MSCI Water Management Multisector ETF 2.0 47 3 5.4 -2.0
FDVV Fidelity Core Dividend ETF 2.0 29 21 12.1 +4.7
MVPS Amplify Thematic All-Stars ETF 1.9 49 1 2.1 -5.3
FDRR Fidelity Dividend ETF for Rising Rates 1.8 29 21 9.8 +2.4
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.8 65 -15 2.4 -5.1
FPAG FPA Global Equity ETF 1.8 49 1 6.8 -0.6
HDRO Defiance Next Gen H2 ETF 1.7 30 20 -6.7 -14.1
HJEN Direxion Hydrogen ETF 1.7 45 5 -0.0 -7.5
WTAI WisdomTree Artificial Intelligence and Innovation Fund 1.6 45 5 2.2 -5.2
UFO Procure Space ETF 1.6 75 -25 1.2 -6.2
SUPL ProShares Supply Chain Logistics ETF 1.6 58 -8 16.3 +8.8
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 1.6 58 -8 9.5 +2.0
DKRB Subversive Decarbonization ETF 1.5 75 -25 5.1 -2.4
IDAT iShares Cloud 5G and Tech ETF 1.5 47 3 6.5 -1.0
BFIT Global X Health & Wellness ETF 1.4 50 0 6.0 -1.4
MEM Matthews Emerging Markets Equity Active ETF 1.4 79 -29 6.8 -0.7
DWLD Davis Select Worldwide ETF 1.3 62 -12 9.2 +1.8
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 1.3 86 -36 2.4 -5.0
SDG iShares Sustainable MSCI Global Impact ETF 1.3 49 1 7.2 -0.2
ANEW ProShares MSCI Transformational Changes ETF 1.3 45 5 6.0 -1.4
MOO VanEck Agribusiness ETF 1.2 52 -2 9.0 +1.5
DFNL Davis Select Financial ETF 1.2 62 -12 9.9 +2.5
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 1.2 40 10 8.9 +1.5
WDNA WisdomTree BioRevolution Fund 1.2 45 5 -4.2 -11.6
PBD Invesco Global Clean Energy ETF 1.1 75 -25 -1.3 -8.7
MDEV First Trust Indxx Medical Devices ETF 1.1 70 -20 3.5 -3.9
YUMY VanEck Future of Food ETF 1.1 69 -19 4.1 -3.4
DFIS Dimensional International Small Cap ETF 1.1 39 11 6.4 -1.0
FDRV Fidelity Electric Vehicles and Future Transportation ETF 1.0 39 11 -1.2 -8.6
IDRV iShares Self-driving EV & Tech ETF 1.0 47 3 1.0 -6.4
TRFK Pacer Data and Digital Revolution ETF 1.0 60 -10 5.8 -1.6
IPAY ETFMG Prime Mobile Payments ETF 1.0 75 -25 8.2 +0.8
BUYZ Franklin Disruptive Commerce ETF 0.9 50 0 2.6 -4.9
GRNR Global X Green Building ETF 0.9 45 5 9.2 +1.8
SEA U.S. Global Sea to Sky Cargo ETF 0.9 60 -10 31.5 +24.1
IPKW Invesco International BuyBack Achievers ETF 0.9 55 -5 11.6 +4.2
IFGL iShares International Developed Real Estate ETF 0.8 48 2 7.9 +0.5
WPS iShares International Developed Property ETF 0.8 48 2 8.1 +0.6
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.8 12 38 10.5 +3.1
HAUZ Xtrackers International Real Estate ETF 0.8 10 40 9.3 +1.8
ERET iShares Environmentally Aware Real Estate ETF 0.8 30 20 7.6 +0.1
HTEC ROBO Global Healthcare Technology & Innovation ETF 0.8 68 -18 0.0 -7.4
SAGP Strategas Global Policy Opportunities ETF 0.8 65 -15 7.7 +0.3
ERTH Invesco MSCI Sustainable Future ETF 0.8 56 -6 4.4 -3.0
CZA Invesco Zacks Mid-Cap ETF 0.8 69 -19 7.8 +0.4
BSEA ETFMG Breakwave Sea Decarbonization Tech ETF 0.8 75 -25 0.9 -6.6
TMFG Motley Fool Global Opportunities ETF 0.8 85 -35 4.5 -3.0
FINX Global X FinTech Thematic ETF 0.8 68 -18 5.2 -2.2
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 0.8 18 32 8.5 +1.0
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.7 85 -35 6.1 -1.4
BCDF Horizon Kinetics Blockchain Development ETF 0.7 85 -35 1.4 -6.0
DUSA Davis Select U.S. Equity ETF 0.7 61 -11 10.3 +2.9
WOOD iShares Global Timber & Forestry ETF 0.7 40 10 11.3 +3.8
CUT Invesco MSCI Global Timber ETF 0.7 60 -10 9.8 +2.4
VERS ProShares Metaverse ETF 0.7 58 -8 -5.6 -13.0
ARVR First Trust Indxx Metaverse ETF 0.7 70 -20 4.7 -2.7
WUGI AXS Esoterica NextG Economy ETF 0.7 75 -25 3.6 -3.8
ARKF ARK Fintech Innovation ETF 0.7 75 -25 -2.3 -9.7
BYOB SoFi Be Your Own Boss ETF 0.7 59 -9 -3.2 -10.7
BJK VanEck Gaming ETF 0.7 62 -12 1.4 -6.0
ODDS Pacer BlueStar Digital Entertainment ETF 0.7 60 -10 6.0 -1.4
OGIG O'Shares Global Internet Giants ETF 0.6 48 2 0.5 -6.9
PGAL Global X FTSE Portugal 20 ETF 0.6 58 -8 7.3 -0.1
CRAK VanEck Oil Refiners ETF 0.6 59 -9 11.3 +3.9
IBLC iShares Blockchain and Tech ETF 0.6 47 3 -29.5 -36.9
CGV Conductor Global Equity Value ETF 0.6 128 -78 13.4 +6.0
PRAY FIS Biblically Responsible Risk Managed ETF 0.6 68 -18 7.3 -0.2
AWAY ETFMG Travel Tech ETF 0.6 75 -25 -3.7 -11.1
RWX SPDR Dow Jones International Real Estate ETF 0.6 59 -9 6.6 -0.8
RWO SPDR Dow Jones Global Real Estate ETF 0.6 50 0 7.1 -0.4
JZRO Janus Henderson Net Zero Transition Resources ETF 0.6 60 -10 7.7 +0.2
FMET Fidelity Metaverse ETF 0.5 39 11 5.7 -1.7
SUBS Fount Subscription Economy ETF 0.5 70 -20 5.4 -2.1
TINT ProShares Smart Materials ETF 0.5 58 -8 6.6 -0.9
EWO iShares MSCI Austria ETF 0.5 50 0 14.2 +6.8
WTRE WisdomTree New Economy Real Estate Fund 0.5 58 -8 5.3 -2.2
EFRA iShares Environmental Infrastructure and Industrials ETF 0.5 47 3 5.3 -2.1
BPAY BlackRock Future Financial and Technology ETF 0.5 70 -20 11.9 +4.5
BYTE Roundhill IO Digital Infrastructure ETF 0.5 76 -26 5.3 -2.1
SRVR Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF 0.5 60 -10 7.0 -0.4
PIO Invesco Global Water ETF 0.5 75 -25 5.7 -1.7
AGNG Global X Aging Population ETF 0.5 50 0 4.4 -3.0
REET iShares Global REIT ETF 0.5 14 36 7.5 +0.0
DISV Dimensional International Small Cap Value ETF 0.5 42 8 10.3 +2.9
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.4 9 41 7.4 -0.0
BMED BlackRock Future Health ETF 0.4 85 -35 2.1 -5.3
IBUY Amplify Online Retail ETF 0.4 65 -15 -4.6 -12.1
CGW Invesco S&P Global Water Index ETF 0.4 57 -7 4.6 -2.8
EBLU Ecofin Global Water ESG Fund 0.4 40 10 4.5 -2.9
PICK iShares MSCI Global Metals & Mining Producers ETF 0.4 39 11 12.8 +5.4
FRNW Fidelity Clean Energy ETF 0.4 39 11 2.0 -5.4
MTVR Fount Metaverse ETF 0.4 70 -20 6.6 -0.8
VEGI iShares MSCI Global Agriculture Producers ETF 0.4 39 11 9.0 +1.5
CIBR First Trust NASDAQ CEA Cybersecurity ETF 0.3 60 -10 5.1 -2.3
ITAN Sparkline Intangible Value ETF 0.3 50 0 7.8 +0.3
AVDV Avantis International Small Cap Value ETF 0.3 36 14 10.3 +2.9
FDIG Fidelity Crypto Industry and Digital Payments ETF 0.3 39 11 0.2 -7.2
AVRE Avantis Real Estate ETF 0.3 17 33 6.7 -0.7
FEMA Procure Disaster Recovery Strategy ETF 0.3 75 -25 5.9 -1.6
NLR VanEck Uranium+Nuclear Energy ETF 0.3 60 -10 6.1 -1.4
QQQN VictoryShares Nasdaq Next 50 ETF 0.2 18 32 6.8 -0.6
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 0.2 20 30 5.5 -1.9
QQQJ Invesco NASDAQ Next Gen 100 ETF 0.2 15 35 4.5 -3.0
FBCV Fidelity Blue Chip Value ETF 0.2 59 -9 7.8 +0.4
GQRE FlexShares Global Quality Real Estate Index Fund 0.2 45 5 7.7 +0.3
CRUZ Defiance Hotel Airline and Cruise ETF 0.2 45 5 -7.3 -14.8
RNRG Global X Renewable Energy Producers ETF 0.2 65 -15 3.8 -3.7
PSYK PSYK ETF 0.2 75 -25 -173.5 -180.9
HELX Franklin Genomic Advancements ETF 0.2 50 0 2.3 -5.1
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.2 9 41 7.1 -0.3
PSP Invesco Global Listed Private Equity ETF 0.2 144 -94 12.6 +5.2
GDOC Goldman Sachs Future Health Care Equity ETF 0.2 75 -25 1.8 -5.7
OND ProShares On-Demand ETF 0.2 58 -8 -5.5 -12.9
PLAT WisdomTree Modern Tech Platforms Fund 0.2 20 30 1.2 -6.2
IWFH iShares Virtual Work and Life Multisector ETF 0.2 47 3 -1.3 -8.7
USVT US Value ETF 0.2 49 1 12.8 +5.4
GPAL Goldman Sachs ActiveBeta Paris-Aligned Climate U.S. Large Ca 0.2 20 30 7.2 -0.2
GAMR ETFMG Video Game Tech ETF 0.1 75 -25 7.0 -0.4
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 0.1 21 29 4.7 -2.7
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -25 7.7 +0.3
AZTD Aztlan Global Stock Selection DM SMID ETF 0.1 75 -25 7.2 -0.2
ZSB USCF Sustainable Battery Metals Strategy Fund 0.1 59 -9 5.0 -2.4
BATT Amplify Lithium & Battery Technology ETF 0.1 59 -9 4.9 -2.5
RVRB Reverb ETF 0.1 30 20 6.7 -0.7
JEMA JPMorgan Emerging Markets Equity Core ETF 0.1 39 11 8.0 +0.6
PEX ProShares Global Listed Private Equity ETF 0.1 341 -291 13.2 +5.8
IPOS Renaissance International IPO ETF 0.1 80 -30 -35.9 -43.3
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 0.1 86 -36 1.8 -5.7
ECLN First Trust EIP Carbon Impact ETF 0.1 95 -45 4.6 -2.8
HOTL Kelly Hotel & Lodging Sector ETF 0.1 78 -28 3.1 -4.3
BLDG Cambria Global Real Estate ETF 0.1 59 -9 10.6 +3.1
SRET Global X SuperDividend REIT ETF 0.1 58 -8 9.9 +2.5
DTRE Alerian Disruptive Technology Real Estate ETF 0.1 60 -10 7.1 -0.4
INDS Pacer Benchmark Industrial Real Estate SCTR ETF 0.1 60 -10 5.5 -1.9
FNDX Schwab Fundamental U.S. Large Co. Index ETF 0.1 25 25 8.3 +0.8
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 11 8.3 +0.8
VYM Vanguard High Dividend Yield Index ETF 0.1 6 44 8.8 +1.4
BETZ Roundhill Sports Betting & iGaming ETF 0.1 75 -25 0.9 -6.5
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.1 25 25 8.2 +0.8
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.1 80 -30 12.5 +5.1
SDIV Global X SuperDividend ETF 0.1 58 -8 19.7 +12.2
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 41 6.5 -0.9
WNDY Global X Wind Energy ETF 0.1 50 0 4.1 -3.3
SOCL Global X Social Media ETF 0.0 65 -15 -0.7 -8.1
SCHC Schwab International Small-Cap Equity ETF 0.0 11 39 6.6 -0.9
SPEM SPDR Portfolio Emerging Markets ETF 0.0 11 39 8.7 +1.2
NETZ Engine No 1 Transform Climate ETF 0.0 75 -25 6.8 -0.6

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

  2018 2019 2020 2021 2022 2023E 2024E
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
  2022 2023E 2024E
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 Eurozone ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 10.3 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 7.4 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.45 CATEGORY
AVERAGE		 1.53
 
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.