iShares Evolved U.S. Consumer Staples ETF
ALTAR
Score™
5.5% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
22.2x P/Sales
ratio
2.2x
P/BV
ratio
5.4x Div.
yield
2.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares Evolved U.S. Consumer Staples ETF is an actively managed, market-cap-weighted fund of large-, mid-, and small-cap US stocks in the consumer staples sector, according to an alternative classification system defined by machine learning algorithm

FUND BASICS
Category US Equities
Fund Sponsor BlackRock
Website www.ishares.com
Inception date Mar 21, 2018
Assets (mns) $10
Currency USD
Expense ratio 18 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 124
Wgt avg mkt cap (mns) $113,672
Large cap (>$10bn) 91.0%
Mid cap ($2-10bn) 7.9%
Small cap (<$2bn) 1.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
COCA-COLA CO/THE 11.1 %
PEPSICO INC 10.3 %
PROCTER & GAMBLE CO/THE 9.0 %
MCDONALD'S CORP 4.8 %
MONDELEZ INTERNATIONAL INC-A 4.3 %
STARBUCKS CORP 4.3 %
PHILIP MORRIS INTERNATIONAL 4.1 %
ALTRIA GROUP INC 3.6 %
GENERAL MILLS INC 3.4 %
MONSTER BEVERAGE CORPORATION 2.7 %
Total 57.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 98.6 %
CHINA 0.5 %
CAYMAN ISLANDS 0.2 %
BERMUDA 0.1 %
BRITAIN 0.1 %
IRELAND 0.0 %





HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru September 30)
Year-to-date 1 year 5 years 10 years Since Incep.
2.7% 5.7% -- -- 11.2%

Market Correlations
versus... Beta R-squared
S&P500 0.70 79%
MSCI EAFE 0.70 64%
MSCI Emg. Mkts. 0.48 49%

Technical Indicators
Recent close $28.23
30d moving avg. $29.05
Annualized volatility 14.9%
Short interest (ETF) 0.0%
Relative strength (RSI) 43

Liquidity measures
Avg. volume (thou.) 2
Turnover 0.6%
Bid/Ask (% of price) 0.09%
ADV underlying (mns) $16,341

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 potential alternatives to the iShares Evolved U.S. Consumer Staples ETF ETF based on the alternatives' overlap in portfolio holdings with IECS. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IECS Expense: 18 bp ALTAR Score™: 5.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IECS
Ticker Fund
Name
Overlap1
vs IECS
(%)
Expense
ratio
(bp)
Savings
vs IECS
(bp)
ALTAR
Score™
(%)
ALTAR
vs IECS
(%)
FSTA Fidelity MSCI Consumer Staples Index ETF 64.4 8 10 5.5 -0.0
XLP Consumer Staples Select Sector SPDR Fund 64.0 13 5 5.5 -0.1
VDC Vanguard Consumer Staples Index Fund 63.6 10 8 5.5 -0.1
JHMS John Hancock Multifactor Consumer Staples ETF 58.5 40 -22 5.9 +0.4
IYK iShares U.S. Consumer Goods ETF 52.8 43 -25 4.9 -0.6
RHS Invesco S&P 500 Equal Weight Consumer Staples ETF 46.9 40 -22 6.6 +1.1
KXI iShares Global Consumer Staples ETF 39.8 46 -28 5.5 -0.0
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 34.0 60 -42 6.6 +1.1
FTXG First Trust Nasdaq Food & Beverage ETF 32.3 60 -42 5.8 +0.3
PBJ Invesco Dynamic Food & Beverage ETF 28.8 63 -45 6.6 +1.1
FXG First Trust Consumer Staples AlphaDEX Fund 27.6 64 -46 7.7 +2.2
DURA VanEck Vectors Morningstar Durable Dividend ETF 25.0 29 -11 8.8 +3.3
PSL Invesco DWA Consumer Staples Momentum ETF 21.6 60 -42 5.8 +0.2
SPLV Invesco S&P 500 Low Volatility ETF 21.2 25 -7 5.7 +0.1
ALTL Pacer Lunt Large Cap Alternator ETF 21.1 60 -42 5.3 -0.2
LSLT Salt Low truBeta US Market ETF 20.8 60 -42 5.9 +0.4
JMIN JPMorgan U.S. Minimum Volatility ETF 19.3 12 6 5.6 +0.1
OUSA O'Shares FTSE US Quality Dividend ETF 17.8 48 -30 6.0 +0.5
NOBL ProShares S&P 500 Dividend Aristocrats ETF 16.7 35 -17 6.2 +0.7
KNG Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF 16.7 75 -57 5.8 +0.3
USDY Pacific Global US Equity Income ETF 16.6 29 -11 7.0 +1.5
VSDA VictoryShares Dividend Accelerator ETF 16.0 35 -17 4.9 -0.6
JOYY Infusive Compounding Global Equities ETF 15.4 50 -32 3.7 -1.8
MXDU Nationwide Maximum Diversification US Core Equity ETF 15.4 34 -16 4.7 -0.8
VYM Vanguard High Dividend Yield Index ETF 15.0 6 12 7.7 +2.2
PFM Invesco Dividend Achievers ETF 15.0 53 -35 5.5 -0.0
DGRW WisdomTree U.S. Quality Dividend Growth Fund 15.0 28 -10 6.6 +1.1
SPMV Invesco S&P 500 Minimum Variance ETF 14.8 10 8 5.8 +0.3
TMDV ProShares Russell US Dividend Growers ETF 14.7 36 -18 5.8 +0.3
FTCS First Trust Capital Strength ETF 14.7 58 -40 5.0 -0.6
RBUS Nationwide Risk-Based U.S. Equity ETF 14.6 30 -12 4.8 -0.8
FLQL Franklin LibertyQ U.S. Equity ETF 14.4 15 3 6.3 +0.7
USMV iShares Edge MSCI Min Vol USA ETF 14.2 15 3 5.7 +0.2
SCHD Schwab U.S. Dividend Equity ETF 14.0 6 12 8.2 +2.6
GBLO Global Beta Low Beta ETF 14.0 29 -11 7.5 +2.0
VSL Volshares Large Capital ETF 13.7 65 -47 7.2 +1.7
HDV iShares Core High Dividend ETF 13.5 8 10 7.5 +1.9
CCOR Core Alternative ETF 13.4 109 -91 4.6 -0.9
DLN WisdomTree U.S. LargeCap Dividend Fund 13.3 28 -10 6.6 +1.1
JKF iShares Morningstar Large Cap Value ETF 13.2 25 -7 7.9 +2.4
DTN WisdomTree U.S. Dividend ex-Financials Fund 13.2 38 -20 8.2 +2.7
LVHD Legg Mason Low Volatility High Dividend ETF 13.1 27 -9 8.3 +2.8
HUSV First Trust Horizon Managed Volatility Domestic ETF 13.1 70 -52 5.9 +0.3
NULV Nuveen ESG Large-Cap Value ETF 12.7 35 -17 7.4 +1.9
DTD WisdomTree U.S.Total Dividend Fund 12.5 28 -10 6.9 +1.4
SDY SPDR S&P Dividend ETF 12.5 35 -17 7.3 +1.8
DIVO Amplify YieldShares CWP Dividend & Option Income ETF 12.4 49 -31 4.6 -1.0
SCHV Schwab U.S. Large-Cap Value ETF 12.3 4 14 7.0 +1.5
VIG Vanguard Dividend Appreciation Index Fund 12.2 6 12 5.4 -0.2
DGRO iShares Core Dividend Growth ETF 12.1 8 10 6.9 +1.3
DEF Invesco Defensive Equity ETF 12.0 55 -37 5.3 -0.2
PWV Invesco Dynamic Large Cap Value ETF 11.8 56 -38 8.6 +3.0
MGV Vanguard Mega Cap Value ETF 11.8 7 11 7.5 +2.0
DHS WisdomTree U.S. High Dividend Fund 11.7 38 -20 9.1 +3.6
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 11.7 29 -11 6.0 +0.5
IEDI iShares Evolved U.S. Discretionary Spending ETF 11.6 18 0 3.6 -1.9
XLY Consumer Discretionary Select Sector SPDR Fund 11.5 13 5 4.1 -1.4
IYC iShares U.S. Consumer Services ETF 11.5 43 -25 3.8 -1.8
VALQ American Century STOXX U.S. Quality Value ETF 11.5 29 -11 9.2 +3.6
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 11.3 75 -57 5.6 +0.0
FCTR First Trust Lunt U.S. Factor Rotation ETF 11.3 65 -47 3.0 -2.5
FDVV Fidelity Core Dividend ETF 11.2 29 -11 7.2 +1.7
RAFE PIMCO RAFI ESG U.S. ETF 11.2 29 -11 7.9 +2.4
VTV Vanguard Value Index Fund 11.1 4 14 7.6 +2.0
DSI iShares MSCI KLD 400 Social ETF 10.9 25 -7 5.2 -0.4
DIV Global X SuperDividend US ETF 10.7 46 -28 6.1 +0.6
DJD Invesco Dow Jones Industrial Average Dividend ETF 10.7 7 11 7.4 +1.9
YLDE ClearBridge Dividend Strategy ESG ETF 10.7 60 -42 5.0 -0.6
NULC Nuveen ESG Large-Cap ETF 10.7 20 -2 5.1 -0.4
SPXT ProShares S&P 500 Ex-Technology ETF 10.4 27 -9 5.6 +0.1
VOOV Vanguard S&P 500 Value ETF 10.4 10 8 7.5 +2.0
SHE SPDR SSGA Gender Diversity Index ETF 10.3 20 -2 4.9 -0.7
QUS SPDR MSCI USA StrategicFactors ETF 10.3 15 3 5.9 +0.4
FDLO Fidelity Low Volatility Factor ETF 10.3 29 -11 5.4 -0.2
EDOW First Trust Dow 30 Equal Weight ETF 10.3 50 -32 5.9 +0.4
IWX iShares Russell Top 200 Value ETF 10.2 20 -2 7.0 +1.5
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 10.2 10 8 5.4 -0.1
SUSL iShares ESG MSCI USA Leaders ETF 10.2 10 8 5.4 -0.2
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 10.2 35 -17 9.0 +3.5
FVD First Trust Value Line Dividend Index Fund 10.2 70 -52 6.4 +0.9
FLV American Century Focused Large Cap Value ETF 10.2 42 -24 6.6 +1.1
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 10.1 12 6 4.8 -0.7
SPQQ Siren Large Cap Blend Index ETF 10.1 20 -2 4.9 -0.6
SUSA iShares MSCI USA ESG Select ETF 10.0 25 -7 4.8 -0.7
JPUS JPMorgan Diversified Return U.S. Equity ETF 10.0 18 0 6.3 +0.7
JDIV JPMorgan U.S. Dividend ETF 9.9 12 6 8.0 +2.4
USXF iShares ESG Advanced MSCI USA ETF 9.8 10 8 5.0 -0.6
EQWL Invesco Russell Top 200 Equal Weight ETF 9.8 25 -7 6.4 +0.9
SPYV SPDR Portfolio S&P 500 Value ETF 9.8 4 14 7.5 +2.0
IVE iShares S&P 500 Value ETF 9.8 18 0 7.4 +1.9
KLCD KFA Large Cap Quality Dividend Index ETF 9.8 42 -24 5.6 +0.0
IUSV iShares Core S&P U.S. Value ETF 9.7 4 14 7.6 +2.1
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 9.6 17 1 6.9 +1.4
QVM Arrow QVM Equity Factor ETF 9.6 65 -47 5.2 -0.4
ESG FlexShares STOXX US ESG Impact Index Fund 9.5 32 -14 5.1 -0.4
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 9.5 49 -31 4.0 -1.5
DIA SPDR Dow Jones Industrial Average ETF Trust 9.4 16 2 5.6 +0.1
MOAT VanEck Vectors Morningstar Wide Moat ETF 9.4 49 -31 7.1 +1.6
VCR Vanguard Consumer Discretionary Index Fund 9.4 10 8 3.8 -1.7

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 Evolved U.S. Consumer Staples 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 28.0 %
Divided by: Fwd. P/BV 4.9 x
Less: Expense ratio 18 bp
Equals: ALTAR Score 5.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.49 CATEGORY
AVERAGE
1.51
 
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.