iShares MSCI Global Energy Producers ETF
ALTAR
Score™
5.5% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
-259.5x P/Sales
ratio
0.9x
P/BV
ratio
1.0x Div.
yield
4.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares MSCI Global Energy Producers Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI ACWI Select Energy Producers Investable Market Index.

FUND BASICS
Category Global Equities
Fund Sponsor BlackRock Funds/USA
Website www.ishares.com
Inception date Jan 31, 2012
Assets (mns) $61
Currency USD
Expense ratio 39 bp
Distributions Semi-Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian State Street Bank & Trust
Weighting Market Cap
Index replication Optimized
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 158
Wgt avg mkt cap (mns) $84,234
Large cap (>$10bn) 86.1%
Mid cap ($2-10bn) 9.3%
Small cap (<$2bn) 3.1%
Developed mkts 80.0%
Emerging mkts 18.6%

TOP TEN HOLDINGS
EXXON MOBIL CORP 12.3 %
CHEVRON CORP 10.8 %
TOTAL SA 6.9 %
BP PLC 5.0 %
ROYAL DUTCH SHELL PLC-A SHS 5.0 %
ROYAL DUTCH SHELL PLC-B SHS 4.3 %
CONOCOPHILLIPS 2.9 %
RELIANCE INDUSTRIES LTD 2.7 %
EOG RESOURCES INC 2.1 %
LUKOIL OAO 2.0 %
Total 54.0 %

TOP COUNTRY EXPOSURE
UNITED STATES 40.7 %
BRITAIN 14.5 %
FRANCE 6.9 %
CANADA 6.1 %
INDIA 5.5 %
RUSSIA 4.4 %
BRAZIL 2.9 %
AUSTRALIA 2.6 %
FINLAND 1.9 %
ITALY 1.7 %

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.
-28.2% -28.2% -0.8% -- -4.5%

Market Correlations
versus... Beta R-squared
S&P500 1.49 72%
MSCI EAFE 1.63 85%
MSCI Emg. Mkts. 1.21 60%

Technical Indicators
Recent close $14.35
30d moving avg. $13.64
Annualized volatility 33.0%
Short interest (ETF) 1.3%
Relative strength (RSI) 59

Liquidity measures
Avg. volume (thou.) 39
Turnover 0.9%
Bid/Ask (% of price) 0.46%
ADV underlying (mns) $12,787

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 97 potential alternatives to the iShares MSCI Global Energy Producers ETF ETF based on the alternatives' overlap in portfolio holdings with FILL. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FILL Expense: 39 bp ALTAR Score™: 5.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FILL
Ticker Fund
Name
Overlap1
vs FILL
(%)
Expense
ratio
(bp)
Savings
vs FILL
(bp)
ALTAR
Score™
(%)
ALTAR
vs FILL
(%)
IXC iShares Global Energy ETF 74.9 46 -7 5.1 -0.3
FENY Fidelity MSCI Energy Index ETF 41.0 8 31 3.6 -1.9
VDE Vanguard Energy Index Fund 41.0 10 29 3.4 -2.0
IYE iShares U.S. Energy ETF 39.6 42 -3 3.5 -2.0
XLE Energy Select Sector SPDR Fund 38.7 13 26 3.9 -1.6
IGE iShares North American Natural Resources ETF 37.1 46 -7 3.6 -1.8
NANR SPDR S&P North American Natural Resources ETF 33.1 35 4 3.1 -2.4
GNR SPDR S&P Global Natural Resources ETF 29.1 40 -1 5.2 -0.3
JHME John Hancock Multifactor Energy ETF 28.4 40 -1 3.3 -2.1
FTXN First Trust Nasdaq Oil & Gas ETF 25.9 60 -21 2.3 -3.2
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 25.7 46 -7 5.0 -0.4
XOP SPDR S&P Oil & Gas Exploration & Production ETF 25.4 35 4 3.0 -2.5
FXN First Trust Energy AlphaDEX Fund 24.9 65 -26 1.8 -3.7
RYE Invesco S&P 500 Equal Weight Energy ETF 23.4 40 -1 3.2 -2.3
HDV iShares Core High Dividend ETF 18.6 8 31 6.3 +0.9
HAP VanEck Vectors Natural Resources ETF 17.9 50 -11 4.9 -0.6
IEO iShares U.S. Oil & Gas Exploration & Production ETF 16.6 42 -3 3.0 -2.5
PXE Invesco Dynamic Energy Exploration & Production ETF 15.2 63 -24 1.4 -4.0
FRAK VanEck Vectors Unconventional Oil & Gas ETF 15.1 54 -15 1.3 -4.1
GRES IQ Global Resources ETF 13.2 78 -39 5.6 +0.2
DFAI Dimensional International Core Equity Market ETF 13.2 18 21 6.4 +1.0
FCG First Trust Natural Gas ETF 13.1 60 -21 1.1 -4.3
PXI Invesco DWA Energy Momentum ETF 12.3 60 -21 0.2 -5.2
WBIY WBI Power Factor High Dividend ETF 11.6 70 -31 8.4 +2.9
CRAK VanEck Vectors Oil Refiners ETF 11.0 60 -21 10.7 +5.3
EWU iShares MSCI United Kingdom ETF 10.2 51 -12 6.5 +1.1
FCTR First Trust Lunt U.S. Factor Rotation ETF 10.1 65 -26 1.2 -4.3
ZGBR SPDR Solactive United Kingdom ETF 9.8 14 25 7.0 +1.6
ISDX Invesco RAFI Strategic Developed ex-US ETF 9.6 23 16 6.3 +0.8
MAGA Point Bridge GOP Stock Tracker ETF 9.5 72 -33 5.3 -0.1
FLGB Franklin FTSE United Kingdom ETF 9.4 9 30 6.9 +1.5
SPHB Invesco S&P 500 High Beta ETF 9.2 25 14 5.9 +0.5
ALTL Pacer Lunt Large Cap Alternator ETF 9.2 60 -21 5.5 +0.1
FIDI Fidelity International High Dividend ETF 9.1 39 0 10.1 +4.7
EFAS Global X MSCI SuperDividend EAFE ETF 8.5 56 -17 7.9 +2.5
DJD Invesco Dow Jones Industrial Average Dividend ETF 8.4 7 32 6.3 +0.9
PXH Invesco FTSE RAFI Emerging Markets ETF 8.2 50 -11 11.6 +6.2
DIVO Amplify YieldShares CWP Dividend & Option Income ETF 8.2 49 -10 4.1 -1.3
FNDF Schwab Fundamental International Large Co. Index ETF 8.1 25 14 7.7 +2.2
EQRR ProShares Equities for Rising Rates ETF 8.1 35 4 6.1 +0.7
VRAI Virtus Real Asset Income ETF 8.0 55 -16 8.8 +3.3
FOVL iShares Focused Value Factor ETF 7.7 25 14 7.7 +2.2
FDD First Trust Stoxx European Select Dividend Index Fund 7.5 58 -19 8.8 +3.3
RDIV Invesco S&P Ultra Dividend Revenue ETF 7.4 39 0 8.7 +3.3
SPVU Invesco S&P 500 Enhanced Value ETF 7.4 13 26 9.5 +4.1
FTRI First Trust Indxx Global Natural Resources Income ETF 7.3 70 -31 7.6 +2.2
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 7.0 75 -36 5.3 -0.1
PEY Invesco High Yield Equity Dividend Achievers ETF 6.9 52 -13 8.1 +2.7
SDY SPDR S&P Dividend ETF 6.9 35 4 6.4 +0.9
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 6.7 45 -6 7.7 +2.2
IUS Invesco Strategic US ETF 6.6 19 20 5.5 +0.1
GBDV Global Beta Smart Income ETF 6.5 29 10 8.3 +2.8
EWQ iShares MSCI France ETF 6.4 51 -12 5.8 +0.3
FLFR Franklin FTSE France ETF 6.4 9 30 6.2 +0.8
DVY iShares Select Dividend ETF 6.4 39 0 8.0 +2.6
VLU SPDR S&P 1500 Value Tilt ETF 6.3 12 27 6.2 +0.7
IDV iShares International Select Dividend ETF 6.2 49 -10 8.8 +3.3
IDOG ALPS International Sector Dividend Dogs ETF 6.1 50 -11 8.2 +2.7
VYMI Vanguard International High Dividend Yield ETF 6.1 27 12 9.0 +3.6
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 6.1 25 14 6.4 +1.0
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 6.0 39 0 11.6 +6.1
IQIN IQ 500 International ETF 5.9 25 14 7.6 +2.2
ONEY SPDR Russell 1000 Yield Focus ETF 5.9 20 19 7.2 +1.8
FNDX Schwab Fundamental U.S. Large Co. Index ETF 5.8 25 14 5.8 +0.4
SCHD Schwab U.S. Dividend Equity ETF 5.8 6 33 7.1 +1.7
ISEM Invesco RAFI Strategic Emerging Markets ETF 5.7 35 4 8.9 +3.4
DMDV AAM S&P Developed Markets High Dividend Value ETF 5.6 39 0 9.9 +4.5
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 5.5 19 20 5.4 -0.1
FNDB Schwab Fundamental U.S. Broad Market Index ETF 5.5 25 14 5.7 +0.3
BKF iShares MSCI BRIC ETF 5.4 70 -31 6.4 +1.0
FDVV Fidelity Core Dividend ETF 5.3 29 10 6.1 +0.6
EFV iShares MSCI EAFE Value ETF 5.3 39 0 8.4 +2.9
EQAL Invesco Russell 1000 Equal Weight ETF 5.1 20 19 5.0 -0.4
RPV Invesco S&P 500 Pure Value ETF 5.1 35 4 9.9 +4.4
DGT SPDR Global Dow ETF 5.1 50 -11 6.3 +0.9
PRF Invesco FTSE RAFI US 1000 ETF 5.0 39 0 5.8 +0.4
JKI iShares Morningstar Mid-Cap Value ETF 4.9 30 9 7.6 +2.2
IQDY FlexShares International Quality Dividend Dynamic Index Fund 4.9 47 -8 8.2 +2.7
ESGS Columbia Sustainable U.S. Equity Income ETF 4.9 35 4 7.5 +2.0
VYM Vanguard High Dividend Yield Index ETF 4.9 6 33 6.6 +1.2
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 4.9 30 9 8.1 +2.6
JKF iShares Morningstar Large Cap Value ETF 4.8 25 14 6.6 +1.1
BBCA JPMorgan BetaBuilders Canada ETF 4.8 19 20 6.5 +1.0
VOOV Vanguard S&P 500 Value ETF 4.7 10 29 6.6 +1.1
IEV iShares Europe ETF 4.7 59 -20 6.3 +0.9
RWL Invesco S&P 500 Revenue ETF 4.7 39 0 6.3 +0.9
SPYD SPDR S&P 500 High Dividend ETF 4.6 7 32 9.2 +3.7
IOO iShares Global 100 ETF 4.6 40 -1 4.4 -1.1
DIV Global X SuperDividend US ETF 4.6 46 -7 5.3 -0.2
FEZ SPDR EURO STOXX 50 ETF 4.6 29 10 6.2 +0.7
EWC iShares MSCI Canada ETF 4.6 51 -12 6.2 +0.8
DBLV AdvisorShares DoubleLine Value Equity ETF 4.5 91 -52 5.4 -0.1
BBEU JPMorgan BetaBuilders Europe ETF 4.5 9 30 6.7 +1.3
HLAL Wahed FTSE USA Shariah ETF 4.5 50 -11 3.9 -1.6
DBEU Xtrackers MSCI Europe Hedged Equity ETF 4.5 45 -6 6.0 +0.6
FYLD Cambria Foreign Shareholder Yield ETF 4.5 59 -20 5.6 +0.1
IQDE FlexShares International Quality Dividend Defensive Index ET 4.4 47 -8 7.9 +2.5

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 MSCI Global Energy Producers 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 6.0 %
Divided by: Fwd. P/BV 1.0 x
Less: Expense ratio 39 bp
Equals: ALTAR Score 5.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.51 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.