iShares Genomics Immunology & Healthcare ETF
ALTAR
Score™
-2.9% info Recommen-
dation
AVOID
2020E    2021E
P/E
ratio
-33.4x P/Sales
ratio
7.8x
P/BV
ratio
5.2x Div.
yield
0.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
IDNA seeks to track the investment results of an index composed of developed and emerging market companies that could benefit from the long-term growth and innovation in genomics, immunology, and bioengineering.

FUND BASICS
Category Global Equities
Fund Sponsor Blackrock
Website www.ishares.com
Inception date Jun 11, 2019
Assets (mns) $112
Currency USD
Expense ratio 47 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Market Value
Index replication
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 46
Wgt avg mkt cap (mns) $19,298
Large cap (>$10bn) 35.4%
Mid cap ($2-10bn) 43.4%
Small cap (<$2bn) 21.2%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
MIRATI THERAPEUTICS INC 4.3 %
GENMAB A/S 4.3 %
SEATTLE GENETICS INC 4.2 %
MODERNA, INC. 4.1 %
SAREPTA THERAPEUTICS INC 4.0 %
INOVIO PHARMACEUTICALS INC 4.0 %
EXELIXIS INC 3.9 %
REGENERON PHARMACEUTICALS 3.9 %
SANOFI-AVENTIS 3.7 %
GILEAD SCIENCES INC 3.7 %
Total 40.0 %

TOP COUNTRY EXPOSURE
UNITED STATES 68.6 %
JAPAN 9.0 %
GERMANY 7.3 %
DENMARK 4.2 %
FRANCE 3.8 %
SWITZERLAND 3.2 %
NETHERLANDS 1.5 %




HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
27.4% -- -- -- 38.7%

Market Correlations
versus... Beta R-squared
S&P500 -- --
MSCI EAFE -- --
MSCI Emg. Mkts. -- --

Technical Indicators
Recent close $38.03
30d moving avg. $36.56
Annualized volatility 0.0%
Short interest (ETF) 0.4%
Relative strength (RSI) 54

Liquidity measures
Avg. volume (thou.) 60
Turnover 2.0%
Bid/Ask (% of price) 0.16%
ADV underlying (mns) $10,309

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the iShares Genomics Immunology & Healthcare ETF ETF based on the alternatives' overlap in portfolio holdings with IDNA. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IDNA Expense: 47 bp ALTAR Score™: -2.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IDNA
Ticker Fund
Name
Overlap1
vs IDNA
(%)
Expense
ratio
(bp)
Savings
vs IDNA
(bp)
ALTAR
Score™
(%)
ALTAR
vs IDNA
(%)
GNOM Global X Genomics & Biotechnology ETF 26.0 68 -21 -3.9 -1.0
XBI SPDR S&P BIOTECH ETF 25.7 35 12 -2.5 +0.5
CNCR Loncar Cancer Immunotherapy ETF 25.0 79 -32 -2.9 +0.1
FBT First Trust NYSE Arca Biotechnology Index Fund 23.8 55 -8 -0.9 +2.0
BTEC Principal Healthcare Innovators Index ETF 23.5 42 5 -2.4 +0.6
GDNA Goldman Sachs Motif Human Evolution ETF 22.1 50 -3 0.3 +3.2
IBB iShares NASDAQ Biotechnology ETF 21.5 47 0 0.2 +3.1
BBH VanEck Vectors Biotech ETF 19.7 35 12 3.8 +6.7
ARKG ARK Genomic Revolution Multi-Sector ETF 18.8 75 -28 0.0 +2.9
BBC Virtus LifeSci Biotech Clinical Trials ETF 17.5 79 -32 -1.4 +1.6
IEIH iShares Evolved U.S. Innovative Healthcare ETF 16.5 18 29 2.9 +5.9
SBIO ALPS Medical Breakthroughs ETF 15.1 50 -3 -1.9 +1.1
PBE Invesco Dynamic Biotechnology & Genome ETF 14.7 57 -10 -1.8 +1.2
PTH Invesco DWA Healthcare Momentum ETF 12.4 60 -13 -2.4 +0.6
HELX Franklin Genomic Advancements ETF 11.9 50 -3 -1.8 +1.2
ARKK ARK Innovation ETF 11.8 75 -28 -2.9 +0.0
GERM ETFMG Treatments Testing and Advancements ETF 11.0 68 -21 -3.1 -0.1
FXH First Trust Health Care AlphaDEX Fund 11.0 62 -15 4.4 +7.4
TECB iShares US Tech Breakthrough Multisector ETF 10.2 40 7 4.0 +7.0
LNGR Global X Longevity Thematic ETF 8.6 50 -3 3.1 +6.0
PJP Invesco Dynamic Pharmaceuticals ETF 8.2 56 -9 10.9 +13.9
HTEC ROBO Global Healthcare Technology & Innovation ETF 8.2 68 -21 0.2 +3.1
FPXE First Trust IPOX Europe Equity Opportunities ETF 8.1 70 -23 2.4 +5.4
ENTR Entrepreneur 30 Fund 7.0 49 -2 2.6 +5.5
IXJ iShares Global Healthcare ETF 6.6 46 1 6.3 +9.2
DWAS Invesco DWA SmallCap Momentum ETF 6.3 60 -13 -1.1 +1.9
FHLC Fidelity MSCI Health Care Index ETF 5.8 8 39 5.5 +8.4
VHT Vanguard Health Care Index Fund 5.7 10 37 5.4 +8.3
JHMH John Hancock Multifactor Healthcare ETF 5.6 40 7 6.1 +9.0
IYH iShares U.S. Healthcare ETF 5.6 43 4 6.1 +9.1
AIEQ AI Powered Equity ETF 5.5 87 -40 3.7 +6.7
IPO Renaissance IPO ETF 5.5 60 -13 23.9 +26.8
NIFE Direxion Fallen Knives ETF 5.2 50 -3 2.4 +5.3
VFMO Vanguard U.S. Momentum Factor ETF 5.1 13 34 1.2 +4.1
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 5.0 60 -13 3.7 +6.6
RBUS Nationwide Risk-Based U.S. Equity ETF 5.0 30 17 5.1 +8.0
XT iShares Exponential Technologies ETF 4.8 47 0 5.1 +8.1
EDEN iShares MSCI Denmark Capped ETF 4.3 53 -6 6.3 +9.3
SDG iShares Sustainable MSCI Global Impact ETF 4.3 49 -2 5.9 +8.8
XLV Health Care Select Sector SPDR Fund 4.2 13 34 7.1 +10.0
IWC iShares Micro-Cap ETF 4.2 60 -13 -3.9 -0.9
HEDJ WisdomTree Europe Hedged Equity Fund 4.0 58 -11 6.9 +9.9
IDOG ALPS International Sector Dividend Dogs ETF 3.9 50 -3 11.0 +13.9
MXDU Nationwide Maximum Diversification US Core Equity ETF 3.8 34 13 4.9 +7.9
FTCS First Trust Capital Strength ETF 3.8 58 -11 4.9 +7.9
HDEF Xtrackers MSCI EAFE High Dividend Yield Hedged Equity ETF 3.7 20 27 9.5 +12.4
FEZ SPDR EURO STOXX 50 ETF 3.7 29 18 7.1 +10.1
FLFR Franklin FTSE France ETF 3.7 9 38 6.9 +9.8
EWQ iShares MSCI France ETF 3.7 50 -3 6.5 +9.4
MTUM iShares Edge MSCI USA Momentum Factor ETF 3.6 15 32 4.2 +7.1
HDAW Xtrackers MSCI All World ex US High Dividend Yield Hedged 3.5 20 27 11.1 +14.0
IVLU iShares Edge MSCI Intl Value Factor ETF 3.4 30 17 11.4 +14.4
RYH Invesco S&P 500 Equal Weight Health Care ETF 3.3 40 7 6.5 +9.5
EWGS iShares MSCI Germany Small Cap ETF 3.2 59 -12 5.2 +8.1
FNY First Trust Mid Cap Growth AlphaDEX Fund 3.2 70 -23 2.1 +5.0
IWO iShares Russell 2000 Growth ETF 3.2 24 23 0.8 +3.7
SHE SPDR SSGA Gender Diversity Index ETF 3.2 20 27 5.5 +8.4
DXJ WisdomTree Japan Hedged Equity Fund 3.2 48 -1 8.4 +11.3
VTWG Vanguard Russell 2000 Growth Index Fund 3.1 15 32 0.8 +3.7
IMTM iShares Edge MSCI Intl Momentum Factor ETF 3.1 30 17 4.4 +7.3
FPXI First Trust International Equity Opportunities ETF 3.1 70 -23 3.3 +6.2
EURZ Xtrackers Eurozone Equity ETF 3.1 9 38 7.1 +10.1
EZU iShares MSCI Eurozone ETF 3.1 49 -2 6.6 +9.6
GOAT VanEck Vectors Morningstar Global Wide Moat ETF 3.0 56 -9 6.0 +8.9
DTH WisdomTree DEFA Equity Income Fund 3.0 58 -11 9.7 +12.7
BOSS Global X Founder-Run Companies ETF 3.0 45 2 3.7 +6.6
SPDV AAM S&P 500 High Dividend Value ETF 3.0 29 18 11.0 +13.9
EUMV iShares Edge MSCI Min Vol Europe ETF 3.0 25 22 5.0 +8.0
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 2.9 59 -12 4.2 +7.1
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 2.9 35 12 4.4 +7.4
JKK iShares Morningstar Small-Cap Growth ETF 2.9 30 17 1.1 +4.1
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 2.9 30 17 9.8 +12.8
FCTR First Trust Lunt U.S. Factor Rotation ETF 2.9 65 -18 3.4 +6.3
DHS WisdomTree U.S. High Dividend Fund 2.9 38 9 8.7 +11.6
USMV iShares Edge MSCI Min Vol USA ETF 2.9 15 32 5.5 +8.5
EUDV ProShares MSCI Europe Dividend Growers ETF 2.8 55 -8 5.6 +8.6
ACWV iShares Edge MSCI Min Vol Global ETF 2.8 20 27 5.7 +8.6
VFMV Vanguard U.S. Minimum Volatility ETF 2.8 13 34 3.9 +6.9
VBK Vanguard Small-Cap Growth Index Fund 2.8 7 40 2.4 +5.4
IDY Pacific Global International Equity Income ETF 2.8 39 8 8.1 +11.0
AUSF Global X Adaptive U.S. Factor ETF 2.8 27 20 8.0 +11.0
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 2.8 45 2 6.8 +9.7
RFG Invesco S&P Midcap 400 Pure Growth ETF 2.8 35 12 4.0 +6.9
ECOZ TrueMark ESG Active Opportunities ETF 2.6 58 -11 4.4 +7.3
QVAL Alpha Architect U.S. Quantitative Value ETF 2.6 49 -2 12.4 +15.4
COWZ Pacer US Cash Cows 100 ETF 2.5 49 -2 10.9 +13.8
SPYD SPDR S&P 500 High Dividend ETF 2.5 7 40 10.4 +13.4
DHDG WisdomTree Dynamic Currency Hedged Intl Quality Div Growth 2.5 30 17 0.0 +2.9
DOO WisdomTree International Dividend ex-Financials Fund 2.5 58 -11 8.8 +11.7
PQSG PGIM QMA Strategic Alpha Small-Cap Growth ETF 2.4 29 18 1.8 +4.7
KOMP SPDR Kensho New Economies Composite ETF 2.4 20 27 2.6 +5.5
IGRO iShares International Dividend Growth ETF 2.4 22 25 8.1 +11.0
IMOM Alpha Architect International Quantitative Momentum ETF 2.4 59 -12 3.4 +6.4
FYC First Trust Small Cap Growth AlphaDEX Fund 2.4 70 -23 2.5 +5.4
BIBL Inspire ETF 2.4 35 12 4.9 +7.8
HDV iShares Core High Dividend ETF 2.4 8 39 6.8 +9.7
MOAT VanEck Vectors Morningstar Wide Moat ETF 2.3 49 -2 6.4 +9.3
SCHA Schwab U.S. Small-Cap ETF 2.3 4 43 4.7 +7.7
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 2.3 35 12 6.9 +9.9
FDMO Fidelity Momentum Factor ETF 2.3 29 18 3.9 +6.8

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 Genomics Immunology & Healthcare ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

AVOID

Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity -14.0 %
Divided by: Fwd. P/BV 5.6 x
Less: Expense ratio 47 bp
Equals: ALTAR Score -2.9 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.35 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.