VanEck Vectors Indonesia Index ETF
ALTAR
Score™
9.3% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
18.3x P/Sales
ratio
1.4x
P/BV
ratio
1.5x Div.
yield
2.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
VanEck Vectors Indonesia Index ETF is an exchange traded fund incorporated in the USA. The Fund's objective is to replicate as closely as possible the price and yield performance of the VanEck Vectors Indonesia Index.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Van Eck Associates Corp
Website www.vaneck.com
Inception date Jan 15, 2009
Assets (mns) $28
Currency USD
Expense ratio 57 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 37
Wgt avg mkt cap (mns) $13,000
Large cap (>$10bn) 42.5%
Mid cap ($2-10bn) 45.3%
Small cap (<$2bn) 12.2%
Developed mkts 4.3%
Emerging mkts 95.7%

TOP TEN HOLDINGS
BANK CENTRAL ASIA PT 8.0 %
BANK RAKYAT INDONESIA 8.0 %
PT TELEKOMUNIKASI INDONESIA (PERSE 7.3 %
ASTRA INTERNATIONAL TBK PT 6.4 %
BANK MANDIRI TBK 6.1 %
UNILEVER INDONESIA TBK PT 5.1 %
CHAROEN POKPHAND INDONESI PT 4.9 %
BANK NEGARA INDONESIA PT 3.9 %
KALBE FARMA PT 3.5 %
BARITO PACIFIC TBK PT 3.3 %
Total 56.6 %

TOP COUNTRY EXPOSURE
INDONESIA 91.0 %
SINGAPORE 3.6 %
THAILAND 1.5 %
HONG KONG 0.7 %







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.
-28.5% -28.6% -3.4% -1.8% 8.5%

Market Correlations
versus... Beta R-squared
S&P500 1.19 55%
MSCI EAFE 1.34 61%
MSCI Emg. Mkts. 1.15 71%

Technical Indicators
Recent close $16.52
30d moving avg. $16.31
Annualized volatility 27.1%
Short interest (ETF) 0.8%
Relative strength (RSI) 59

Liquidity measures
Avg. volume (thou.) 20
Turnover 1.2%
Bid/Ask (% of price) 0.53%
ADV underlying (mns) $872

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the VanEck Vectors Indonesia Index ETF ETF based on the alternatives' overlap in portfolio holdings with IDX. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IDX Expense: 57 bp ALTAR Score™: 9.3%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IDX
Ticker Fund
Name
Overlap1
vs IDX
(%)
Expense
ratio
(bp)
Savings
vs IDX
(bp)
ALTAR
Score™
(%)
ALTAR
vs IDX
(%)
EIDO iShares MSCI Indonesia ETF 62.0 59 -2 10.4 +1.1
ASEA Global X Southeast Asia ETF 16.2 65 -8 10.2 +0.9
EMFM Global X MSCI Next Emerging & Frontier ETF 8.8 66 -9 9.0 -0.3
EDOG ALPS Emerging Sector Dividend Dogs ETF 7.8 60 -3 10.9 +1.6
KOL VanEck Vectors Coal ETF 7.2 60 -3 20.4 +11.1
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 5.6 60 -3 8.5 -0.8
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 4.7 32 25 9.2 -0.1
EEMD AAM S&P Emerging Markets High Dividend Value ETF 4.5 50 7 20.9 +11.6
FRDM Freedom 100 Emerging Markets ETF 4.5 49 8 7.0 -2.4
OBOR KraneShares MSCI One Belt One Road Index ETF 3.1 79 -22 9.5 +0.2
XCEM Columbia EM Core ex-China ETF 3.0 16 41 7.4 -1.9
FEMS First Trust Emerging Markets Small Cap Alphadex Fund 2.9 80 -23 18.3 +8.9
EMCG WisdomTree Emerging Markets Consumer Growth Fund 2.9 32 25 7.5 -1.8
CEZ VictoryShares Emerging Market Volatility Wtd Index ETF 2.9 50 7 10.4 +1.1
ROAM Hartford Multifactor Emerging Markets ETF 2.9 44 13 15.0 +5.6
FDEM Fidelity Targeted Emerging Markets Factor ETF 2.8 45 12 9.7 +0.4
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 2.6 44 13 9.1 -0.2
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 2.3 49 8 8.1 -1.2
RNEM Emerging Markets Equity Select ETF 2.2 75 -18 10.5 +1.2
FEM First Trust Emerging Markets AlphaDEX Fund 2.2 80 -23 11.4 +2.0
EMXC iShares MSCI Emerging Markets ex China ETF 2.1 25 32 8.5 -0.9
EWS iShares MSCI Singapore ETF 2.1 50 7 8.6 -0.8
CEY VictoryShares Emerging Market High Dividend Volatility Wtd E 2.0 51 6 13.5 +4.2
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 1.9 30 27 9.0 -0.4
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 1.9 20 37 7.1 -2.2
EEMO Invesco S&P Emerging Markets Momentum ETF 1.9 29 28 6.9 -2.5
GMF SPDR S&P Emerging Asia Pacific ETF 1.9 49 8 7.6 -1.8
EMMF WisdomTree Emerging Markets Multifactor Fund 1.8 48 9 9.8 +0.4
DVEM WisdomTree Emerging Markets Dividend Fund 1.8 32 25 8.5 -0.9
EEMA iShares MSCI Emerging Markets Asia ETF 1.8 50 7 7.9 -1.5
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.7 32 25 6.4 -3.0
SDIV Global X SuperDividend ETF 1.7 59 -2 13.4 +4.0
JHEM John Hancock Multifactor Emerging Markets ETF 1.7 49 8 8.7 -0.7
DVYA iShares Asia/Pacific Dividend ETF 1.7 49 8 13.2 +3.9
LVIN Hartford Multifactor Low Volatility International Equity ETF 1.6 29 28 12.3 +3.0
AVEM Avantis Emerging Markets Equity ETF 1.5 33 24 9.2 -0.1
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 1.5 49 8 8.9 -0.5
SPEM SPDR Portfolio Emerging Markets ETF 1.4 11 46 8.1 -1.3
AAXJ iShares MSCI All Country Asia ex Japan ETF 1.4 68 -11 7.4 -2.0
PIE Invesco DWA Emerging Markets Momentum ETF 1.4 90 -33 5.4 -3.9
FLAX Franklin FTSE Asia Ex Japan ETF 1.4 19 38 8.0 -1.3
PBEE Invesco PureBeta FTSE Emerging Markets ETF 1.4 15 42 9.0 -0.3
BKEM BNY Mellon Emerging Markets Equity ETF 1.4 11 46 8.7 -0.6
KMED KraneShares Emerging Markets Healthcare Index ETF 1.4 79 -22 2.2 -7.1
SCHE Schwab Emerging Markets Equity ETF 1.3 11 46 8.2 -1.2
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 1.3 36 21 8.5 -0.8
VWO Vanguard FTSE Emerging Markets ETF 1.3 10 47 8.4 -1.0
EEM iShares MSCI Emerging Markets ETF 1.2 68 -11 7.7 -1.6
ESGE iShares ESG MSCI EM ETF 1.2 25 32 9.0 -0.3
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 1.2 65 -8 7.7 -1.6
MOO VanEck Vectors Agribusiness ETF 1.2 56 1 5.5 -3.8
NUEM Nuveen ESG Emerging Markets Equity ETF 1.2 45 12 7.6 -1.7
VIGI Vanguard International Dividend Appreciation ETF 1.2 25 32 5.6 -3.7
AFK VanEck Vectors Africa Index ETF 1.2 79 -22 8.9 -0.4
CROP IQ Global Agribusiness Small Cap ETF 1.2 76 -19 5.1 -4.3
IEMG iShares Core MSCI Emerging Markets ETF 1.2 13 44 8.2 -1.1
VEGI iShares MSCI Global Agriculture Producers ETF 1.2 39 18 6.1 -3.2
GVAL Cambria Global Value ETF 1.1 69 -12 10.8 +1.5
AXJL WisdomTree Asia Pacific ex-Japan Fund 1.1 48 9 9.7 +0.4
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 1.1 45 12 8.2 -1.2
ECOW Pacer Emerging Markets Cash Cows 100 ETF 1.1 70 -13 13.5 +4.2
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 1.1 30 27 8.1 -1.2
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 1.0 59 -2 11.4 +2.1
VRAI Virtus Real Asset Income ETF 1.0 55 2 11.2 +1.9
ECON Columbia Emerging Markets Consumer ETF 1.0 59 -2 4.6 -4.7
EDIV SPDR S&P Emerging Markets Dividend ETF 0.9 49 8 11.1 +1.7
CUT Invesco MSCI Global Timber ETF 0.9 61 -4 9.3 -0.0
DVYE iShares Emerging Markets Dividend ETF 0.9 49 8 16.3 +7.0
CID VictoryShares Intl High Dividend Volatility Wtd Index ETF 0.9 45 12 10.0 +0.7
ADRE Invesco BLDRS Emerging Markets 50 ADR Index Fund 0.9 18 39 5.9 -3.4
PXH Invesco FTSE RAFI Emerging Markets ETF 0.9 50 7 13.4 +4.1
VIDI Vident International Equity Fund 0.9 59 -2 11.5 +2.2
EYLD Cambria Emerging Shareholder Yield ETF 0.8 66 -9 16.6 +7.3
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.8 69 -12 8.1 -1.3
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.8 39 18 13.0 +3.7
EMGF iShares Edge MSCI Multifactor Emerging Markets ETF 0.8 45 12 9.5 +0.1
CARZ First Trust NASDAQ Global Auto Index Fund 0.8 70 -13 15.2 +5.9
IQDE FlexShares International Quality Dividend Defensive Index Fd 0.7 47 10 12.4 +3.0
MXDE Nationwide Maximum Diversification Emerging Mkts Core Eq 0.7 64 -7 4.8 -4.5
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.7 63 -6 12.7 +3.4
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 0.7 40 17 7.3 -2.0
IQDF FlexShares International Quality Dividend Index Fund 0.7 47 10 12.4 +3.1
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.7 47 10 12.8 +3.5
UEVM VictoryShares USAA MSCI Emerging Markets Value Momentum ETF 0.7 45 12 13.8 +4.5
HDAW Xtrackers MSCI All World ex US High Dividend Yield Hedged 0.7 20 37 11.1 +1.8
DEM WisdomTree Emerging Markets High Dividend Fund 0.7 63 -6 14.1 +4.8
IGRO iShares International Dividend Growth ETF 0.6 22 35 8.1 -1.2
WWJD Inspire International ESG ETF 0.6 80 -23 7.6 -1.7
ACSG Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF 0.6 16 41 7.0 -2.3
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 0.6 80 -23 8.1 -1.2
ACWV iShares Edge MSCI Min Vol Global ETF 0.5 20 37 5.7 -3.6
THD iShares MSCI Thailand ETF 0.5 59 -2 10.0 +0.7
DWMF WisdomTree International Multifactor Fund 0.4 38 19 6.8 -2.5
EWX SPDR S&P Emerging Markets Small Cap ETF 0.4 65 -8 6.3 -3.0
ISEM Invesco Strategic Emerging Markets ETF 0.4 35 22 10.7 +1.3
GUNR Flexshares Morningstar Global Upstream Natural Resources 0.4 46 11 5.8 -3.5
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.4 40 17 7.1 -2.2
ACWX iShares MSCI ACWI ex U.S. ETF 0.4 32 25 7.4 -2.0
IXUS ishares Core MSCI Total International Stock ETF 0.4 9 48 7.5 -1.8
EEMV iShares Edge MSCI Min Vol Emerging Markets ETF 0.3 25 32 7.8 -1.5

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:
VanEck Vectors Indonesia Index ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 13.9 %
Divided by: Fwd. P/BV 1.4 x
Less: Expense ratio 57 bp
Equals: ALTAR Score 9.3 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

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