iShares Core High Dividend ETF
ALTAR
Score™
6.7% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
19.1x P/Sales
ratio
2.2x
P/BV
ratio
2.3x Div.
yield
4.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares High Dividend Equity Fund seeks to track the performance of the Morningstar Dividend Yield Focus Index.

FUND BASICS
Category US Equities
Fund Sponsor BlackRock Fund Advisors
Website www.ishares.com
Inception date Mar 29, 2011
Assets (mns) $5,788
Currency USD
Expense ratio 8 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian State Street Bank & Trust
Weighting Dividend
Index replication n/a
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 75
Wgt avg mkt cap (mns) $153,838
Large cap (>$10bn) 97.9%
Mid cap ($2-10bn) 2.1%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
EXXON MOBIL CORP 8.9 %
AT&T INC 8.8 %
CHEVRON CORP 6.3 %
JOHNSON & JOHNSON 6.2 %
VERIZON COMMUNICATIONS INC 6.2 %
PFIZER INC 5.4 %
CISCO SYSTEMS INC 3.9 %
COCA-COLA CO/THE 3.9 %
PEPSICO INC 3.6 %
MERCK & CO. INC. 3.5 %
Total 56.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 97.5 %
IRELAND 0.8 %
BRITAIN 0.6 %
BERMUDA 0.3 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru November 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-8.5% -5.9% 6.9% -- 9.0%

Market Correlations
versus... Beta R-squared
S&P500 0.92 86%
MSCI EAFE 0.89 78%
MSCI Emg. Mkts. 0.71 63%

Technical Indicators
Recent close $88.44
30d moving avg. $83.63
Annualized volatility 18.7%
Short interest (ETF) 0.2%
Short interest (Underlying) 1.8%
Relative strength (RSI) 63

Liquidity measures
Avg. volume (thou.) 464
Turnover 0.7%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $22,890

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 potential alternatives to the iShares Core High Dividend ETF ETF based on the alternatives' overlap in portfolio holdings with HDV. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: HDV Expense: 8 bp ALTAR Score™: 6.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH HDV
Ticker Fund
Name
Overlap1
vs HDV
(%)
Expense
ratio
(bp)
Savings
vs HDV
(bp)
ALTAR
Score™
(%)
ALTAR
vs HDV
(%)
DURA VanEck Vectors Morningstar Durable Dividend ETF 46.9 29 -21 8.2 +1.5
DHS WisdomTree U.S. High Dividend Fund 46.1 38 -30 8.0 +1.3
OUSA O'Shares FTSE US Quality Dividend ETF 42.0 48 -40 5.5 -1.2
VYM Vanguard High Dividend Yield Index ETF 37.7 6 2 6.9 +0.2
SCHD Schwab U.S. Dividend Equity ETF 37.0 6 2 7.3 +0.6
JKF iShares Morningstar Large Cap Value ETF 36.5 25 -17 7.0 +0.3
FDL First Trust Morningstar Dividend Leaders Index Fund 33.7 45 -37 9.4 +2.7
MGV Vanguard Mega Cap Value ETF 32.0 7 1 6.7 -0.0
USDY Pacific Global US Equity Income ETF 31.5 29 -21 6.8 +0.1
DJD Invesco Dow Jones Industrial Average Dividend ETF 30.6 7 1 6.6 -0.1
DLN WisdomTree U.S. LargeCap Dividend Fund 30.1 28 -20 6.0 -0.7
DGRO iShares Core Dividend Growth ETF 29.5 8 0 6.2 -0.5
LVHD Legg Mason Low Volatility High Dividend ETF 27.7 27 -19 7.8 +1.1
VTV Vanguard Value Index Fund 27.4 4 4 6.8 +0.1
VOOV Vanguard S&P 500 Value ETF 27.4 10 -2 6.8 +0.1
DTD WisdomTree U.S.Total Dividend Fund 27.2 28 -20 6.2 -0.5
PWV Invesco Dynamic Large Cap Value ETF 26.7 56 -48 7.7 +1.0
CCOR Core Alternative ETF 26.6 109 -101 4.2 -2.5
DGRW WisdomTree U.S. Quality Dividend Growth Fund 26.6 28 -20 6.2 -0.5
DTN WisdomTree U.S. Dividend ex-Financials Fund 26.6 38 -30 7.4 +0.7
DEW WisdomTree Global High Dividend Fund 26.6 58 -50 9.0 +2.3
PFM Invesco Dividend Achievers ETF 26.3 53 -45 5.1 -1.6
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 25.9 35 -27 8.0 +1.3
REVS Columbia Research Enhanced Value ETF 25.8 19 -11 7.4 +0.7
SPYV SPDR Portfolio S&P 500 Value ETF 25.5 4 4 6.8 +0.1
IVE iShares S&P 500 Value ETF 25.5 18 -10 6.7 +0.0
IWX iShares Russell Top 200 Value ETF 25.2 20 -12 6.3 -0.4
FDRR Fidelity Dividend ETF for Rising Rates 24.8 29 -21 6.3 -0.4
SDOG ALPS Sector Dividend Dogs ETF 24.7 40 -32 8.8 +2.1
QDEF FlexShares Quality Dividend Defensive Index Fund 24.4 37 -29 5.8 -0.9
IUSV iShares Core S&P U.S. Value ETF 24.0 4 4 6.9 +0.2
EDOW First Trust Dow 30 Equal Weight ETF 23.8 50 -42 5.3 -1.4
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 23.5 75 -67 5.6 -1.1
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 23.2 12 -4 5.1 -1.6
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 22.8 35 -27 8.0 +1.3
RAFE PIMCO RAFI ESG U.S. ETF 22.7 29 -21 7.1 +0.4
GBLO Global Beta Low Beta ETF 22.5 29 -21 7.2 +0.5
SCHV Schwab U.S. Large-Cap Value ETF 22.3 4 4 6.4 -0.4
NULV Nuveen ESG Large-Cap Value ETF 22.0 35 -27 6.6 -0.1
EQWL Invesco Russell Top 200 Equal Weight ETF 21.6 25 -17 5.8 -0.9
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 21.4 30 -22 8.4 +1.7
QDYN FlexShares Quality Dividend Dynamic Index Fund 21.4 37 -29 5.7 -1.0
FMK First Trust Mega Cap AlphaDEX Fund 21.2 70 -62 4.8 -1.9
SPQQ Siren Large Cap Blend Index ETF 21.1 20 -12 4.4 -2.3
DIVO Amplify YieldShares CWP Dividend & Option Income ETF 21.0 49 -41 4.3 -2.5
IGE iShares North American Natural Resources ETF 20.9 46 -38 3.9 -2.8
DIVB iShares U.S. Dividend & Buyback ETF 20.6 25 -17 6.2 -0.5
IXC iShares Global Energy ETF 20.5 46 -38 5.7 -1.0
XLE Energy Select Sector SPDR Fund 20.5 13 -5 4.4 -2.3
FENY Fidelity MSCI Energy Index ETF 20.5 8 -0 4.1 -2.6
IYE iShares U.S. Energy ETF 20.5 42 -34 4.0 -2.7
VDE Vanguard Energy Index Fund 20.5 10 -2 4.0 -2.7
PEY Invesco High Yield Equity Dividend Achievers ETF 20.5 52 -44 8.7 +2.0
GBDV Global Beta Smart Income ETF 20.3 29 -21 9.3 +2.6
DVY iShares Select Dividend ETF 20.2 39 -31 8.5 +1.8
QDF FlexShares Quality Dividend Index Fund 20.1 37 -29 5.7 -1.0
QUAL iShares MSCI Usa Quality Factor ETF 19.9 15 -7 5.1 -1.6
QLV FlexShares US Quality Low Volatility Index Fund 19.8 22 -14 4.7 -2.0
SPHQ Invesco S&P 500 Quality ETF 19.7 15 -7 4.4 -2.3
VONV Vanguard Russell 1000 Value Index Fund 19.6 8 0 6.4 -0.3
FLQL Franklin LibertyQ U.S. Equity ETF 19.4 15 -7 5.9 -0.8
QDIV Global X S&P 500 Quality Dividend ETF 19.2 20 -12 6.9 +0.2
IWD iShares Russell 1000 Value ETF 19.1 19 -11 6.3 -0.4
QUS SPDR MSCI USA StrategicFactors ETF 19.1 15 -7 5.5 -1.2
FLLV Franklin Liberty U.S. Low Volatility ETF 19.1 29 -21 5.3 -1.4
FDVV Fidelity Core Dividend ETF 18.8 29 -21 6.4 -0.3
JDIV JPMorgan U.S. Dividend ETF 18.8 12 -4 7.0 +0.3
FNDX Schwab Fundamental U.S. Large Co. Index ETF 18.8 25 -17 6.1 -0.6
PRF Invesco FTSE RAFI US 1000 ETF 18.7 39 -31 6.2 -0.5
IYZ iShares U.S. Telecommunications ETF 18.7 42 -34 7.5 +0.8
IEIH iShares Evolved U.S. Innovative Healthcare ETF 18.5 18 -10 3.6 -3.1
XLV Health Care Select Sector SPDR Fund 18.5 13 -5 7.3 +0.6
RNDV US Equity Dividend Select ETF 18.3 50 -42 7.9 +1.2
SPMV Invesco S&P 500 Minimum Variance ETF 18.3 10 -2 5.6 -1.1
SPDV AAM S&P 500 High Dividend Value ETF 18.1 29 -21 8.9 +2.2
JQUA JPMorgan U.S. Quality Factor ETF 18.0 12 -4 5.2 -1.5
FLV American Century Focused Large Cap Value ETF 17.9 42 -34 6.0 -0.7
USMV iShares Edge MSCI Min Vol USA ETF 17.9 15 -7 5.4 -1.3
IYH iShares U.S. Healthcare ETF 17.8 43 -35 6.3 -0.4
FVD First Trust Value Line Dividend Index Fund 17.8 70 -62 6.0 -0.7
FILL iShares MSCI Global Energy Producers ETF 17.8 39 -31 6.0 -0.7
NANR SPDR S&P North American Natural Resources ETF 17.8 35 -27 3.4 -3.4
YLDE ClearBridge Dividend Strategy ESG ETF 17.8 60 -52 4.5 -2.2
HLAL Wahed FTSE USA Shariah ETF 17.6 50 -42 4.2 -2.6
JMIN JPMorgan U.S. Minimum Volatility ETF 17.5 12 -4 5.4 -1.3
DIV Global X SuperDividend US ETF 17.5 46 -38 5.6 -1.1
SUSL iShares ESG MSCI USA Leaders ETF 17.5 10 -2 5.0 -1.7
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 17.5 10 -2 5.1 -1.6
FNDB Schwab Fundamental U.S. Broad Market Index ETF 17.4 25 -17 6.1 -0.7
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 17.3 19 -11 5.6 -1.1
SDY SPDR S&P Dividend ETF 17.3 35 -27 6.7 -0.0
VSMV VictoryShares US Multi-Factor Minimum Volatility ETF 17.2 35 -27 6.9 +0.2
FHLC Fidelity MSCI Health Care Index ETF 17.2 8 -0 5.6 -1.1
FTCS First Trust Capital Strength ETF 17.2 58 -50 5.2 -1.6
ROUS Hartford Multifactor US Equity ETF 17.1 19 -11 6.2 -0.5
PJP Invesco Dynamic Pharmaceuticals ETF 17.1 56 -48 13.4 +6.7
VHT Vanguard Health Care Index Fund 17.0 10 -2 5.4 -1.3
FUNL CornerCap Fundametrics Large-Cap ETF 16.9 50 -42 7.4 +0.7
EPS WisdomTree U.S. Earnings 500 Fund 16.9 8 0 6.0 -0.7

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 Core High Dividend 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 14.8 %
Divided by: Fwd. P/BV 2.2 x
Less: Expense ratio 8 bp
Equals: ALTAR Score 6.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.60 CATEGORY
AVERAGE
1.50
 
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.