iShares DJ US Utilities
ALTAR
Score™
4.5% info Recommen-
dation
UNDERWEIGHT
2019E    2020E
P/E
ratio
21.8x P/Sales
ratio
2.6x
P/BV
ratio
2.3x Div.
yield
2.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares Dow Jones U.S. Utilities Sector Index Fund is an exchange-traded fund incorporated in the USA. The Fund's objective seeks investment results that correspond to the performance of the Dow Jones U.S. Utilities Sector Index.

FUND BASICS
Category US Equities
Fund Sponsor Barclays Global Fund Advisors
Website www.ishares.com
Inception date Jun 20, 2000
Assets (mns) $1,017
Currency USD
Expense ratio 43 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 48
Wgt avg mkt cap (mns) $41,520
Large cap (>$10bn) 86.5%
Mid cap ($2-10bn) 13.5%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
NEXTERA ENERGY GROUP 12.3 %
SOUTHERN CO 7.0 %
DUKE ENERGY CORP 6.7 %
DOMINION RESOURCES INC/VA 6.6 %
AMERICAN ELECTRIC POWER 4.8 %
EXELON CORP 4.4 %
SEMPRA ENERGY 4.3 %
XCEL ENERGY INC 3.4 %
WEC ENERGY GROUP INC 3.0 %
PUBLIC SERVICE ENTERPRISE GP 3.0 %
Total 55.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 99.7 %










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.
24.2% 24.2% 9.9% 11.7% 8.2%

Market Correlations
versus... Beta R-squared
S&P500 0.24 9%
MSCI EAFE 0.20 5%
MSCI Emg. Mkts. 0.12 3%

Technical Indicators
Recent close $170.93
30d moving avg. $161.95
Annualized volatility 9.9%
Short interest (ETF) 0.1%
Short interest (Underlying) 2.5%
Relative strength (RSI) 79

Liquidity measures
Avg. volume (thou.) 38
Turnover 0.6%
Bid/Ask (% of price) 0.03%
ADV underlying (mns) $4,491

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 19 potential alternatives to the iShares DJ US Utilities ETF based on the alternatives' overlap in portfolio holdings with IDU. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IDU Expense: 43 bp ALTAR Score™: 4.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IDU
Ticker Fund
Name
Overlap1
vs IDU
(%)
Expense
ratio
(bp)
Savings
vs IDU
(bp)
ALTAR
Score™
(%)
ALTAR
vs IDU
(%)
FUTY Fidelity MSCI Utilities 95.8 8 35 4.8 +0.3
VPU Vanguard Utilities ETF 95.3 10 33 4.7 +0.2
XLU Utilities Select Sector SPDR 89.8 13 30 4.8 +0.3
JHMU John Hancock Multifactor Utilities 74.7 40 3 4.8 +0.3
RYU Invesco S&P Equal Weight Utilities 68.9 40 3 4.7 +0.2
JXI iShares S&P Global Utilities 61.5 46 -3 4.9 +0.4
UTES Reaves Utilities 51.7 49 -6 4.0 -0.6
FXU First Trust Utilities Alphadex 46.3 63 -20 5.1 +0.6
PUI Invesco DWA Utilities Momentum 41.8 60 -17 3.8 -0.7
ECLN First Trust EIP Carbon Impact 37.9 95 -52 3.1 -1.4
GII SPDR FTSE/Macquarie Global Infrastructure 30.2 40 3 4.6 +0.1
IGF iShares S&P Global Infrastructure 30.2 46 -3 4.5 +0.0
EMLP First Trust N. American Energy Infrastructure 29.5 95 -52 4.6 +0.1
SPLV Invesco S&P 500 Low Volatility 28.9 25 18 5.0 +0.5
IFRA iShares U.S. Infrastructure 28.4 40 3 5.2 +0.7
DVOL First Trust Dorsey Wright Momentum & Low Volatility 27.2 60 -17 4.2 -0.3
LVHD Legg Mason Low Volatility High Dividend ETF 26.0 27 16 6.6 +2.1
DVY iShares Select Dividend 25.2 39 4 7.7 +3.2
NLR VanEck Vectors Nuclear Energy 24.9 60 -17 9.3 +4.8

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

  2014 2015 2016 2017 2018 2019E 2020E
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
  2018 2019E 2020E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
iShares DJ US Utilities
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 10.9 %
Divided by: Fwd. P/BV 2.2 x
Less: Expense ratio 43 bp
Equals: ALTAR Score 4.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.65 CATEGORY
AVERAGE
1.55
 
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.