iShares MSCI Europe Small-Cap ETF
ALTAR
Score™		 6.2% info Recommen-
dation		 UNDERWEIGHT
2023E    2024E
P/E
ratio		 12.4x P/Sales
ratio		 0.7x
P/BV
ratio		 1.4x Div.
yield		 3.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares FTSE Developed Small Cap ex-North America Index Fund seeks investment results that correspond to the FTSE Developed Small Cap ex-North America Index.

FUND BASICS
Category International Equities
Fund Sponsor Barclays Global Fund Advisors
Website www.ishares.com
Inception date Nov 12, 2007
Assets (mns) $125
Currency USD
Expense ratio 40 bp
Distributions Semi-Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 1001
Wgt avg mkt cap (mns) $2,778
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 66.9%
Small cap (<$2bn) 32.5%
Developed mkts 99.7%
Emerging mkts 0.1%

TOP TEN HOLDINGS
BE SEMICONDUCTOR INDUSTRIES 0.7 %
MELROSE INDUSTRIES PLC 0.7 %
B&M EUROPEAN VALUE RETAIL SA. 0.5 %
ASR NEDERLAND NV 0.5 %
BANCO DE SABADELL SA 0.5 %
WEIR GROUP PLC/THE 0.5 %
TRELLEBORG AB-B SHS 0.4 %
BANCO BPM SPA 0.4 %
GEORG FISCHER AG 0.4 %
RIGHTMOVE PLC 0.4 %
Total 5.0 %

TOP COUNTRY EXPOSURE
BRITAIN 24.3 %
SWITZERLAND 8.2 %
GERMANY 8.2 %
SWEDEN 7.8 %
FRANCE 6.9 %
ITALY 6.0 %
DENMARK 4.1 %
NETHERLANDS 3.8 %
SPAIN 3.5 %
NORWAY 3.1 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
5.7% -6.4% 0.6% 5.8% 3.2%

Market Correlations
versus... Beta R-squared
S&P500 1.16 76%
MSCI EAFE 1.27 93%
MSCI Emg. Mkts. 0.93 50%

Technical Indicators
Recent close $53.49
30d moving avg. $53.94
Annualized volatility 24.0%
Short interest (ETF) 2.2%
Relative strength (RSI) 45

Liquidity measures
Avg. volume (thou.) 9
Turnover 0.4%
Bid/Ask (% of price) 0.33%
ADV underlying (mns) $2,814

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 397 potential alternatives to the iShares MSCI Europe Small-Cap ETF ETF based on the alternatives' overlap in portfolio holdings with IEUS. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IEUS Expense: 40 bp ALTAR Score™: 6.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IEUS
Ticker Fund
Name		 Overlap1
vs IEUS
(%)		 Expense
ratio
(bp)		 Savings
vs IEUS
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs IEUS
(%)
SCZ iShares MSCI EAFE Small-Cap ETF 45.5 39 1 6.3 +0.1
DFIS Dimensional International Small Cap ETF 41.0 39 1 6.6 +0.4
SCHC Schwab International Small-Cap Equity ETF 37.6 11 29 6.1 -0.1
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 28.2 7 33 6.4 +0.2
ISCF iShares Edge MSCI Multifactor Intl Small-Cap ETF 27.2 40 0 8.6 +2.4
EWUS iShares MSCI United Kingdom Small Cap ETF 26.5 59 -19 8.3 +2.1
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 25.4 49 -9 5.8 -0.4
FNDC Schwab Fundamental International Small Co. Index ETF 23.8 39 1 6.2 +0.0
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 23.5 58 -18 9.2 +3.0
DISV Dimensional International Small Cap Value ETF 23.4 42 -2 10.0 +3.8
AVDV Avantis International Small Cap Value ETF 22.7 36 4 9.6 +3.4
DLS WisdomTree International SmallCap Dividend Fund 19.5 58 -18 9.6 +3.5
GWX SPDR S&P International Small Cap ETF 18.5 40 0 6.0 -0.2
DFE WisdomTree Europe SmallCap Dividend Fund 15.5 58 -18 11.0 +4.8
DIM WisdomTree International MidCap Dividend Fund 15.5 58 -18 9.4 +3.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 14.4 39 1 8.2 +2.0
DFIC Dimensional International Core Equity 2 ETF 12.0 23 17 8.0 +1.8
DFSI Dimensional International Sustainability Core 1 ETF 11.4 24 16 6.9 +0.7
FEP First Trust Europe AlphaDEX Fund 10.8 80 -40 10.5 +4.3
IEUR iShares Core MSCI Europe ETF 10.2 9 31 7.5 +1.3
AVDE Avantis International Equity ETF 10.0 23 17 9.0 +2.8
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 9.4 80 -40 9.5 +3.3
VGK Vanguard FTSE Europe ETF 9.3 8 32 7.6 +1.4
FEUZ First Trust Eurozone AlphaDEX ETF 9.2 80 -40 10.4 +4.2
SPEU SPDR Portfolio Europe ETF 9.0 9 31 7.4 +1.2
EWGS iShares MSCI Germany Small Cap ETF 8.7 59 -19 9.3 +3.1
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 8.4 47 -7 7.1 +0.9
FDT First Trust Developed Markets ex-US Alphadex Fund 8.3 80 -40 11.5 +5.3
EUDG WisdomTree Europe Quality Dividend Growth Fund 8.1 58 -18 6.7 +0.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 7.9 31 9 8.6 +2.4
HAUZ Xtrackers International Real Estate ETF 7.3 10 30 8.8 +2.6
VNQI Vanguard Global ex-U.S. Real Estate ETF 6.9 12 28 9.5 +3.3
WPS iShares International Developed Property ETF 6.9 48 -8 7.8 +1.6
IFGL iShares International Developed Real Estate ETF 6.8 48 -8 7.6 +1.4
INTF iShares Edge MSCI Multifactor Intl ETF 6.6 15 25 8.8 +2.6
IEFA iShares Core MSCI EAFE ETF 6.5 7 33 7.5 +1.3
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 6.5 39 1 8.4 +2.2
DTH WisdomTree International High Dividend Fund 6.5 58 -18 11.5 +5.3
FKU First Trust United Kingdom AlphaDEX Fund 6.3 80 -40 9.9 +3.7
RODM Hartford Multifactor Developed Markets (ex-US) ETF 6.1 29 11 9.9 +3.7
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 6.0 58 -18 5.9 -0.3
HEDJ WisdomTree Europe Hedged Equity Fund 5.9 58 -18 9.5 +3.3
IDEV iShares Core MSCI International Developed Markets ETF 5.8 4 36 7.5 +1.3
DFAI Dimensional International Core Equity Market ETF 5.7 18 22 7.5 +1.3
DWM WisdomTree International Equity Fund 5.6 48 -8 9.3 +3.1
IQDG WisdomTree International Quality Dividend Growth Fund 5.6 42 -2 6.0 -0.2
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 5.5 40 0 9.4 +3.2
VEA Vanguard FTSE Developed Markets ETF 5.0 5 35 7.6 +1.4
ERET iShares Environmentally Aware Real Estate ETF 4.9 30 10 7.3 +1.1
IXUS ishares Core MSCI Total International Stock ETF 4.4 7 33 7.6 +1.4
FDEV Fidelity Targeted International Factor ETF 4.4 39 1 7.6 +1.4
IQIN IQ 500 International ETF 4.4 25 15 8.9 +2.7
SPDW SPDR Portfolio Developed World ex-US ETF 4.1 4 36 7.3 +1.1
EDEN iShares MSCI Denmark Capped ETF 4.1 53 -13 6.3 +0.1
ENOR iShares MSCI Norway ETF 4.1 53 -13 6.6 +0.4
NORW Global X MSCI Norway ETF 4.1 50 -10 6.6 +0.4
VSGX Vanguard ESG International Stock ETF 4.1 12 28 7.4 +1.2
EWN iShares MSCI Netherlands ETF 4.0 50 -10 4.9 -1.3
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 4.0 24 16 8.7 +2.5
RWX SPDR Dow Jones International Real Estate ETF 4.0 59 -19 6.6 +0.4
DFGR Dimensional Global Real Estate ETF 4.0 22 18 6.9 +0.7
FPXE First Trust IPOX Europe Equity Opportunities ETF 4.0 70 -30 5.3 -0.9
RWO SPDR Dow Jones Global Real Estate ETF 3.9 50 -10 6.8 +0.6
REET iShares Global REIT ETF 3.9 14 26 7.1 +0.9
VXUS Vanguard Total International Stock ETF 3.8 7 33 7.7 +1.5
RNDM First Trust Developed International Equity Select ETF 3.7 65 -25 6.9 +0.7
JPIN JPMorgan Diversified Return International Equity ETF 3.6 37 3 9.3 +3.1
RFDI First Trust Riverfront Dynamic Developed International ETF 3.5 83 -43 9.8 +3.6
PIZ Invesco DWA Developed Markets Momentum ETF 3.5 80 -40 6.3 +0.1
QINT American Century Quality Diversified International ETF 3.4 39 1 9.1 +3.0
AVIV Avantis International Large Cap Value ETF 3.4 25 15 9.9 +3.7
VIDI Vident International Equity Fund 3.3 61 -21 11.9 +5.7
FLGB Franklin FTSE United Kingdom ETF 3.3 9 31 9.1 +2.9
RFEU First Trust Riverfront Dynamic Europe ETF 3.2 83 -43 10.0 +3.8
AVRE Avantis Real Estate ETF 3.2 17 23 6.5 +0.3
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 3.2 42 -2 6.2 +0.1
DWCR Arrow DWA Country Rotation ETF 3.2 111 -71 7.7 +1.5
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 3.0 45 -5 9.0 +2.8
JIDA JPMorgan ActiveBuilders International Equity ETF 3.0 25 15 7.3 +1.1
PBD Invesco Global Clean Energy ETF 2.9 75 -35 -0.7 -6.9
FYLD Cambria Foreign Shareholder Yield ETF 2.8 59 -19 14.5 +8.3
IDV iShares International Select Dividend ETF 2.7 49 -9 16.3 +10.2
FLEH Franklin FTSE Europe Hedged ETF 2.7 9 31 7.9 +1.7
FLEE Franklin FTSE Europe ETF 2.7 9 31 7.9 +1.7
EWK iShares MSCI Belgium Capped ETF 2.7 50 -10 7.9 +1.7
FSZ First Trust Switzerland AlphaDEX Fund 2.6 80 -40 4.9 -1.3
FLIY Franklin FTSE Italy ETF 2.5 9 31 9.8 +3.6
EFNL iShares MSCI Finland Capped ETF 2.5 55 -15 7.4 +1.2
UIVM VictoryShares USAA MSCI International Value Momentum ETF 2.4 35 5 10.4 +4.2
FNDF Schwab Fundamental International Large Co. Index ETF 2.4 25 15 9.3 +3.1
GVAL Cambria Global Value ETF 2.4 71 -31 12.9 +6.7
IGRO iShares International Dividend Growth ETF 2.3 15 25 8.8 +2.7
FGD First Trust Dow Jones Global Select Dividend Index Fund 2.3 57 -17 15.5 +9.4
OCEN IQ Clean Oceans ETF 2.3 45 -5 6.5 +0.3
PICK iShares MSCI Global Metals & Mining Producers ETF 2.2 39 1 13.0 +6.8
ERTH Invesco MSCI Sustainable Future ETF 2.2 56 -16 4.2 -2.0
DXGE WisdomTree Germany Hedged Equity Fund 2.2 48 -8 10.0 +3.8
GQRE FlexShares Global Quality Real Estate Index Fund 2.1 45 -5 7.8 +1.6
FGM First Trust Germany AlphaDEX Fund 2.1 80 -40 10.9 +4.8
BSEA ETFMG Breakwave Sea Decarbonization Tech ETF 2.0 75 -35 0.8 -5.4
JSTC Adasina Social Justice All Cap Global ETF 1.9 89 -49 6.3 +0.1
FLSW Franklin FTSE Switzerland ETF 1.9 9 31 6.5 +0.3
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.8 65 -25 2.4 -3.8
EWO iShares MSCI Austria ETF 1.8 50 -10 13.3 +7.1
FLGR Franklin FTSE Germany ETF 1.8 9 31 8.9 +2.7
CGV Conductor Global Equity Value ETF 1.8 128 -88 11.4 +5.2
TTAI TrimTabs All Cap International Free-Cash-Flow ETF 1.8 61 -21 9.1 +2.9
ROBO Robo Global Robotics & Automation Index ETF 1.6 95 -55 3.3 -2.9
VIGI Vanguard International Dividend Appreciation ETF 1.6 15 25 6.1 -0.1
ROOF IQ US Real Estate Small Cap ETF 1.6 60 -20 4.9 -1.3
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 1.5 7 33 7.6 +1.4
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 1.5 50 -10 3.7 -2.5
VT Vanguard Total World Stock ETF 1.5 7 33 6.7 +0.5
IBOT Vaneck Robotics ETF 1.5 47 -7 3.9 -2.3
SCHF Schwab International Equity ETF 1.5 6 34 7.9 +1.7
BTEK BlackRock Future Tech ETF 1.4 88 -48 0.6 -5.6
IMOM Alpha Architect International Quantitative Momentum ETF 1.4 60 -20 -1.1 -7.3
SHPP Pacer Industrials and Logistics ETF 1.4 60 -20 11.2 +5.0
CGW Invesco S&P Global Water Index ETF 1.4 57 -17 4.7 -1.5
LVHI Legg Mason International Low Volatility High Dividend ETF 1.4 40 0 10.5 +4.3
GRNR Global X Green Building ETF 1.4 45 -5 7.7 +1.5
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 1.4 45 -5 5.0 -1.2
ERSX ERShares NextGen Entrepreneurs ETF 1.4 75 -35 6.6 +0.4
FDD First Trust Stoxx European Select Dividend Index Fund 1.4 58 -18 13.0 +6.8
BULD Pacer BlueStar Engineering the Future ETF 1.3 60 -20 0.1 -6.1
BBEU JPMorgan BetaBuilders Europe ETF 1.3 9 31 7.8 +1.6
BLLD JPMorgan Sustainable Infrastructure ETF 1.3 49 -9 6.1 -0.1
FEMA Procure Disaster Recovery Strategy ETF 1.3 75 -35 5.4 -0.8
DFIV Dimensional International Value ETF 1.3 30 10 9.6 +3.4
FRNW Fidelity Clean Energy ETF 1.3 39 1 2.0 -4.2
PIO Invesco Global Water ETF 1.3 75 -35 5.4 -0.8
DEW WisdomTree Global High Dividend Fund 1.3 58 -18 10.5 +4.3
EFRA iShares Environmental Infrastructure and Industrials ETF 1.3 47 -7 6.0 -0.2
ICLN iShares Global Clean Energy ETF 1.3 40 0 3.4 -2.8
DIHP Dimensional International High Profitability ETF 1.3 29 11 8.5 +2.3
TEMP JPMorgan Climate Change Solutions ETF 1.3 49 -9 4.4 -1.8
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 1.3 47 -7 5.6 -0.6
DIVI Franklin International Core Dividend Tilt Index ETF 1.2 9 31 9.2 +3.0
GDVD R3 Global Dividend Growth ETF 1.2 88 -48 7.1 +0.9
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde 1.2 63 -23 4.7 -1.5
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.2 45 -5 0.9 -5.3
FLFR Franklin FTSE France ETF 1.2 9 31 7.3 +1.1
RITA ETFB Green SRI REITs ETF 1.2 50 -10 4.9 -1.3
VEU Vanguard FTSE All-World ex-US Index Fund 1.1 7 33 7.9 +1.7
BNE Blue Horizon BNE ETF 1.1 87 -47 3.8 -2.4
CUT Invesco MSCI Global Timber ETF 1.1 60 -20 9.4 +3.2
SMOG VanEck Low Carbon Energy ETF 1.1 55 -15 3.0 -3.2
DSTX Distillate International Fundamental Stability & Value ETF 1.1 55 -15 8.5 +2.3
ESGG FlexShares STOXX Global ESG Impact Index Fund 1.1 42 -2 6.4 +0.2
MOO VanEck Agribusiness ETF 1.1 52 -12 9.0 +2.9
ETEC iShares Breakthrough Environmental Solutions ETF 1.1 47 -7 4.9 -1.3
GLIF AGFiQ Global Infrastructure ETF 1.1 45 -5 6.2 -0.0
CLNR IQ Cleaner Transport ETF 1.0 45 -5 6.6 +0.4
IWFH iShares Virtual Work and Life Multisector ETF 1.0 47 -7 -1.2 -7.4
RODE Hartford Multifactor Diversified International ETF 1.0 29 11 13.0 +6.8
VEGI iShares MSCI Global Agriculture Producers ETF 1.0 39 1 9.0 +2.8
RAYD Rayliant Quantitative Developed Market Equity ETF 1.0 80 -40 9.2 +3.0
INDS Pacer Benchmark Industrial Real Estate SCTR ETF 1.0 60 -20 5.4 -0.8
VYMI Vanguard International High Dividend Yield ETF 1.0 22 18 11.1 +4.9
IQSI IQ Candriam ESG International Equity ETF 1.0 15 25 7.6 +1.4
HAP VanEck Natural Resources ETF 1.0 49 -9 8.9 +2.7
GSID Goldman Sachs MarketBeta International Equity ETF 0.9 20 20 7.7 +1.5
CTEC Global X CleanTech ETF 0.9 50 -10 2.5 -3.7
RNRG Global X Renewable Energy Producers ETF 0.9 65 -25 3.6 -2.6
AZTD Aztlan Global Stock Selection DM SMID ETF 0.9 75 -35 7.0 +0.8
GSFP Goldman Sachs Future Planet Equity ETF 0.9 75 -35 3.9 -2.3
PAWZ ProShares Pet Care ETF 0.9 50 -10 2.9 -3.3
HFXI IQ 50 Percent Hedged FTSE International ETF 0.9 20 20 7.7 +1.5
ENRG SoFi Smart Energy ETF 0.9 59 -19 -1.6 -7.8
GENY Principal Millennials Index ETF 0.9 45 -5 7.1 +0.9
IGF iShares Global Infrastructure ETF 0.8 40 0 5.1 -1.1
GII SPDR S&P Global Infrastructure ETF 0.8 40 0 5.3 -0.9
BMED BlackRock Future Health ETF 0.8 85 -45 1.9 -4.3
SDIV Global X SuperDividend ETF 0.8 58 -18 20.4 +14.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.8 9 31 6.4 +0.2
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.8 47 -7 11.7 +5.5
BIDS Amplify Digital & Online Trading ETF 0.8 59 -19 8.3 +2.1
EIRL iShares MSCI Ireland Capped ETF 0.8 50 -10 6.0 -0.2
TAN Invesco Solar ETF 0.8 69 -29 4.2 -2.0
FPXI First Trust International Equity Opportunities ETF 0.8 70 -30 5.6 -0.6
AGNG Global X Aging Population ETF 0.8 50 -10 4.1 -2.1
KLDW Gavekal Knowledge Leaders Developed World ETF 0.7 75 -35 5.7 -0.5
IVAL Alpha Architect International Quantitative Value ETF 0.7 60 -20 15.3 +9.1
BOAT SonicShares Global Shipping ETF 0.7 69 -29 20.5 +14.3
IQDE FlexShares International Quality Dividend Defensive Index ET 0.7 47 -7 10.2 +4.0
IPKW Invesco International BuyBack Achievers ETF 0.7 55 -15 11.3 +5.1
PTEC Global X PropTech ETF 0.7 50 -10 3.0 -3.2
FDNI First Trust Dow Jones International Internet ETF 0.7 65 -25 2.7 -3.5
ODDS Pacer BlueStar Digital Entertainment ETF 0.7 60 -20 5.3 -0.9
HART IQ Healthy Hearts ETF 0.7 45 -5 6.2 -0.0
BOTZ Global X Robotics & Artificial Intelligence ETF 0.7 68 -28 2.9 -3.3
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Id 0.7 32 8 7.5 +1.3
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.7 25 15 7.8 +1.6
JRNY ALPS Global Travel Beneficiaries ETF 0.7 65 -25 0.8 -5.4
IQDF FlexShares International Quality Dividend Index Fund 0.7 47 -7 12.0 +5.8
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.7 65 -25 16.5 +10.3
IVEG iShares Emergent Food and AgTech Multisector ETF 0.7 47 -7 8.9 +2.7
WTRE WisdomTree New Economy Real Estate Fund 0.6 58 -18 5.1 -1.1
AFK VanEck Africa Index ETF 0.6 77 -37 11.7 +5.5
SNSR Global X Internet of Things Thematic ETF 0.6 68 -28 4.5 -1.7
FID First Trust S&P International Dividend Aristocrats ETF 0.6 60 -20 11.2 +5.0
WDIV SPDR Global Dividend ETF 0.6 40 0 11.5 +5.3
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.6 47 -7 6.1 -0.1
DWX SPDR S&P International Dividend ETF 0.6 45 -5 8.5 +2.3
FAN First Trust Global Wind Energy ETF 0.6 62 -22 4.3 -1.9
WDNA WisdomTree BioRevolution Fund 0.6 45 -5 -3.9 -10.1
GREI Goldman Sachs Future Real Estate and Infrastructure Equity E 0.6 75 -35 3.4 -2.8
PSP Invesco Global Listed Private Equity ETF 0.6 144 -104 12.0 +5.8
BFIT Global X Health & Wellness ETF 0.6 50 -10 5.6 -0.6
NERD Roundhill BITKRAFT Esports & Digital Entertainment ETF 0.6 50 -10 17.4 +11.3
IDMO Invesco S&P International Developed Momentum ETF 0.6 25 15 7.9 +1.7
FTAG First Trust Indxx Global Agriculture ETF 0.6 70 -30 10.8 +4.6
FIVA Fidelity International Value Factor ETF 0.6 39 1 10.6 +4.4
PGAL Global X FTSE Portugal 20 ETF 0.6 58 -18 6.8 +0.6
LUX Tema Luxury ETF 0.6 75 -35 2.4 -3.8
GAMR ETFMG Video Game Tech ETF 0.6 75 -35 6.4 +0.3
RAYS Global X Solar ETF 0.5 50 -10 3.6 -2.6
FMET Fidelity Metaverse ETF 0.5 39 1 4.9 -1.3
GBUY Goldman Sachs Future Consumer Equity ETF 0.5 75 -35 3.0 -3.2
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.5 46 -6 9.5 +3.3
BETZ Roundhill Sports Betting & iGaming ETF 0.5 75 -35 -0.0 -6.2
IDHQ Invesco S&P International Developed Quality ETF 0.5 29 11 7.9 +1.7
DRIV Global X Autonomous & Electric Vehicles ETF 0.5 68 -28 4.4 -1.8
IWTR iShares MSCI Water Management Multisector ETF 0.4 47 -7 5.6 -0.6
HERO Global X Video Games & Esports ETF 0.4 50 -10 9.6 +3.4
MOTI VanEck Morningstar International Moat ETF 0.4 57 -17 8.9 +2.7
GLOF iShares Global Equity Factor ETF 0.4 20 20 8.7 +2.5
VR Global X Metaverse ETF 0.4 50 -10 5.8 -0.4
JHMD John Hancock Multifactor Developed International ETF 0.4 39 1 8.2 +2.0
ISHP First Trust S-Network E-Commerce ETF 0.4 60 -20 3.7 -2.5
HELX Franklin Genomic Advancements ETF 0.4 50 -10 2.0 -4.2
FINX Global X FinTech Thematic ETF 0.4 68 -28 5.1 -1.1
GNR SPDR S&P Global Natural Resources ETF 0.4 40 0 10.4 +4.2
SXUS Janus Henderson International Sustainable Equity ETF 0.4 60 -20 4.2 -2.0
IEV iShares Europe ETF 0.4 58 -18 7.2 +1.0
JZRO Janus Henderson Net Zero Transition Resources ETF 0.4 60 -20 7.5 +1.3
FDHT Fidelity Digital Health ETF 0.4 39 1 0.2 -6.0
IDRV iShares Self-driving EV & Tech ETF 0.4 47 -7 1.1 -5.1
HTEC ROBO Global Healthcare Technology & Innovation ETF 0.4 68 -28 -0.9 -7.0
IHAK iShares Cybersecurity & Tech ETF 0.4 47 -7 4.1 -2.1
BNGE First Trust S-Network Streaming and Gaming ETF 0.4 70 -30 0.6 -5.6
IPOS Renaissance International IPO ETF 0.4 80 -40 -33.9 -40.1
UFO Procure Space ETF 0.4 75 -35 2.3 -3.9
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 0.4 47 -7 -0.8 -7.0
HYDR Global X Hydrogen ETF 0.4 50 -10 -7.4 -13.6
ARVR First Trust Indxx Metaverse ETF 0.4 70 -30 4.5 -1.7
OGIG O'Shares Global Internet Giants ETF 0.4 48 -8 0.1 -6.1
SRVR Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF 0.4 60 -20 7.2 +1.1
YUMY VanEck Future of Food ETF 0.4 69 -29 4.2 -2.0
BJK VanEck Gaming ETF 0.4 62 -22 1.7 -4.5
AHOY Newday Ocean Health ETF 0.4 75 -35 6.3 +0.1
TRFK Pacer Data and Digital Revolution ETF 0.3 60 -20 5.1 -1.1
DMDV AAM S&P Developed Markets High Dividend Value ETF 0.3 39 1 17.9 +11.7
SEA U.S. Global Sea to Sky Cargo ETF 0.3 60 -20 32.9 +26.7
ISRA VanEck Israel ETF 0.3 59 -19 9.2 +3.0
HJEN Direxion Hydrogen ETF 0.3 45 -5 -2.5 -8.7
DTEC ALPS Disruptive Technologies ETF 0.3 50 -10 4.1 -2.1
CIRC JPMorgan Sustainable Consumption ETF 0.3 49 -9 5.6 -0.6
IDLV Invesco S&P International Developed Low Volatility ETF 0.3 25 15 6.1 -0.1
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.3 39 1 -1.2 -7.4
CRUZ Defiance Hotel Airline and Cruise ETF 0.3 45 -5 -6.1 -12.3
JETS US Global Jets ETF 0.3 60 -20 -14.3 -20.5
VCLN Virtus Duff & Phelps Clean Energy ETF 0.3 59 -19 3.6 -2.6
MTVR Fount Metaverse ETF 0.3 70 -30 6.3 +0.1
COPX Global X Copper Miners ETF 0.3 65 -25 8.4 +2.2
HDRO Defiance Next Gen H2 ETF 0.3 30 10 -7.5 -13.7
CARZ First Trust NASDAQ Global Auto Index Fund 0.3 70 -30 5.0 -1.2
PRNT The 3D Printing ETF 0.3 66 -26 -4.0 -10.2
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.3 68 -28 -0.0 -6.2
FILL iShares MSCI Global Energy Producers ETF 0.3 39 1 9.5 +3.3
ZSB USCF Sustainable Battery Metals Strategy Fund 0.3 59 -19 4.6 -1.6
HACK ETFMG Prime Cyber Security ETF 0.3 60 -20 5.0 -1.2
ROAM Hartford Multifactor Emerging Markets ETF 0.3 44 -4 13.2 +7.0
STCE Schwab Crypto Thematic ETF 0.3 30 10 -4.8 -10.9
KCAL Subversive Food Security ETF 0.3 75 -35 7.4 +1.2
NTZG Nuveen Global Net Zero Transition ETF 0.3 55 -15 5.5 -0.7
DTRE Alerian Disruptive Technology Real Estate ETF 0.3 60 -20 8.1 +1.9
HOTL Kelly Hotel & Lodging Sector ETF 0.3 78 -38 2.8 -3.4
IVES Wedbush ETFMG Global Cloud Technology ETF 0.3 68 -28 3.4 -2.8
FDRR Fidelity Dividend ETF for Rising Rates 0.3 29 11 9.1 +2.9
WKLY SoFi Weekly Dividend ETF 0.3 49 -9 8.8 +2.6
FDVV Fidelity Core Dividend ETF 0.2 29 11 11.1 +4.9
KEMQ Kraneshares Emerging Markets Consumer Technology Index ETF 0.2 59 -19 0.7 -5.5
GXG Global X MSCI Colombia ETF 0.2 61 -21 14.6 +8.4
AIQ Global X Future Analytics Tech ETF 0.2 68 -28 4.7 -1.5
MXI iShares Global Materials ETF 0.2 40 0 8.3 +2.1
DMAT Global X Disruptive Materials ETF 0.2 59 -19 9.2 +3.0
WOOD iShares Global Timber & Forestry ETF 0.2 40 0 10.3 +4.1
IVRS iShares Future Metaverse Tech and Communications ETF 0.2 47 -7 8.2 +2.1
OND ProShares On-Demand ETF 0.2 58 -18 -5.2 -11.4
ESPO VanEck Video Gaming & eSports ETF 0.2 55 -15 6.9 +0.7
GOEX Global X Gold Explorers ETF 0.2 65 -25 5.6 -0.6
SGDJ Sprott Junior Gold Miners ETF 0.2 50 -10 3.5 -2.7
FTRI First Trust Indxx Global Natural Resources Income ETF 0.2 70 -30 20.2 +14.0
ANEW ProShares MSCI Transformational Changes ETF 0.2 45 -5 5.5 -0.7
QTUM Defiance Quantum ETF 0.2 40 0 4.2 -2.0
WNDY Global X Wind Energy ETF 0.2 50 -10 3.8 -2.4
MOTG VanEck Morningstar Global Wide Moat ETF 0.2 52 -12 6.9 +0.7
SRET Global X SuperDividend REIT ETF 0.2 58 -18 9.6 +3.4
GMET VanEck Green Metals ETF 0.2 59 -19 10.2 +4.0
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.2 85 -45 5.9 -0.3
BATT Amplify Lithium & Battery Technology ETF 0.2 59 -19 3.7 -2.5
BYTE Roundhill IO Digital Infrastructure ETF 0.2 76 -36 5.4 -0.8
EXI iShares Global Industrials ETF 0.2 40 0 5.9 -0.3
FIDI Fidelity International High Dividend ETF 0.2 39 1 12.7 +6.5
IBLC iShares Blockchain and Tech ETF 0.2 47 -7 -18.8 -25.0
IBET iBET Sports Betting and Gaming ETF 0.2 79 -39 2.2 -4.0
ITEQ BlueStar Israel Technology ETF 0.2 75 -35 2.2 -4.0
EATV VegTech Plant-based Innovation & Climate ETF 0.2 75 -35 2.7 -3.5
PEX ProShares Global Listed Private Equity ETF 0.2 341 -301 11.8 +5.6
IDAT iShares Cloud 5G and Tech ETF 0.2 47 -7 6.0 -0.2
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.2 85 -45 8.4 +2.3
ION ProShares S&P Global Core Battery Metals ETF 0.2 58 -18 9.2 +3.1
REMX VanEck Rare Earth/Strategic Metals ETF 0.2 53 -13 6.9 +0.7
EMFQ Amplify Emerging Markets FinTech ETF 0.2 69 -29 5.9 -0.3
IPAY ETFMG Prime Mobile Payments ETF 0.2 75 -35 7.7 +1.5
CGGO Capital Group Global Growth Equity ETF 0.2 47 -7 4.3 -1.9
GDXJ VanEck Junior Gold Miners ETF 0.2 52 -12 5.8 -0.4
IMFL Invesco International Developed Dynamic Multifactor ETF 0.2 34 6 6.6 +0.4
LOUP Innovator Loup Frontier Tech ETF 0.2 70 -30 3.1 -3.1
BKIS BNY Mellon Sustainable International Equity ETF 0.2 70 -30 5.3 -0.9
AWAY ETFMG Travel Tech ETF 0.2 75 -35 -3.5 -9.7
PRAY FIS Biblically Responsible Risk Managed ETF 0.2 68 -28 6.1 -0.1
GFOF Grayscale Future of Finance ETF 0.2 70 -30 -2.3 -8.5
VFMO Vanguard U.S. Momentum Factor ETF 0.2 13 27 4.1 -2.1
IXP iShares Global Comm Services ETF 0.2 40 0 7.1 +0.9
SETM Sprott Energy Transition Materials ETF 0.2 65 -25 4.7 -1.5
TINY ProShares Nanotechnology ETF 0.1 58 -18 1.4 -4.8
KOCG FIS Knights of Columbus Global Belief ETF 0.1 75 -35 7.5 +1.4
RING iShares MSCI Global Gold Miners ETF 0.1 39 1 6.6 +0.4
GOAU U.S. Global GO GOLD & Precious Metal Miners ETF 0.1 60 -20 6.0 -0.2
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.1 39 1 7.6 +1.4
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 -25 6.9 +0.7
IXG iShares Global Financials ETF 0.1 40 0 8.8 +2.6
MRAD SmartETFs Advertising & Marketing Technology ETF 0.1 68 -28 4.1 -2.1
SYNB Putnam BioRevolution ETF 0.1 70 -30 3.4 -2.8
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.1 70 -30 2.9 -3.3
IDNA iShares Genomics Immunology & Healthcare ETF 0.1 47 -7 -7.2 -13.4
KXI iShares Global Consumer Staples ETF 0.1 40 0 5.8 -0.4
EGPT VanEck Egypt Index ETF 0.1 102 -62 12.6 +6.4
GDX VanEck Gold Miners ETF 0.1 51 -11 5.0 -1.2
UPWD JPMorgan Social Advancement ETF 0.1 49 -9 5.8 -0.4
EDOC Global X Telemedicine & Digital Health ETF 0.1 68 -28 -6.8 -13.0
BYOB SoFi Be Your Own Boss ETF 0.1 59 -19 -3.0 -9.2
MOTO SmartETFs Smart Transportation & Technology ETF 0.1 68 -28 7.1 +0.9
TMFG Motley Fool Global Opportunities ETF 0.1 85 -45 4.2 -2.0
DGT SPDR Global Dow ETF 0.1 50 -10 7.8 +1.6
SOCL Global X Social Media ETF 0.1 65 -25 -6.0 -12.2
INNO Harbor Disruptive Innovation ETF 0.1 75 -35 -3.3 -9.5
CIBR First Trust NASDAQ CEA Cybersecurity ETF 0.1 60 -20 5.2 -1.0
SCHY Schwab International Dividend Equity ETF 0.1 14 26 8.9 +2.7
ARB AltShares Merger Arbitrage ETF 0.1 67 -27 8.0 +1.8
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 0.1 60 -20 2.5 -3.7
SATO Invesco Alerian Galaxy Crypto Economy ETF 0.1 60 -20 -20.8 -27.0
COPJ Sprott Junior Copper Miners ETF 0.1 75 -35 7.4 +1.2
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 0.1 35 5 7.4 +1.2
PXUS Principal International Adaptive Multi-Factor ETF 0.1 24 16 7.4 +1.2
NLR VanEck Uranium+Nuclear Energy ETF 0.1 60 -20 5.1 -1.1
URA Global X Uranium ETF 0.1 69 -29 2.4 -3.8
IBRN iShares Neuroscience and Healthcare ETF 0.1 47 -7 -2.8 -9.0
EBLU Ecofin Global Water ESG Fund 0.1 40 0 4.3 -1.9
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.1 39 1 4.1 -2.1
DSMC Distillate Small/Mid Cash Flow ETF 0.1 55 -15 13.7 +7.5
MJ ETFMG Alternative Harvest ETF 0.1 75 -35 0.0 -6.2
BUG Global X Cybersecurity ETF 0.1 50 -10 2.3 -3.9
JHID John Hancock International High Dividend ETF 0.1 46 -6 12.0 +5.8
WCBR WisdomTree Cybersecurity Fund 0.1 45 -5 1.4 -4.8
IBUY Amplify Online Retail ETF 0.1 65 -25 -5.4 -11.6
TINT ProShares Smart Materials ETF 0.1 58 -18 6.4 +0.2
RXI iShares Global Consumer Discretionary ETF 0.1 40 0 5.8 -0.4
EDUT Global X Education ETF 0.1 50 -10 2.4 -3.8
BFTR Future Innovators ETF 0.1 80 -40 2.4 -3.8
BLDG Cambria Global Real Estate ETF 0.1 59 -19 9.4 +3.2
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 0.1 86 -46 1.6 -4.6
INQQ India Internet & Ecommerce ETF 0.1 86 -46 2.5 -3.7
TWEB SoFi Web 3 ETF 0.0 59 -19 -12.9 -19.0
XT iShares Exponential Technologies ETF 0.0 46 -6 3.5 -2.7
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.0 86 -46 2.3 -3.9
SPEM SPDR Portfolio Emerging Markets ETF 0.0 11 29 8.1 +2.0
BPAY BlackRock Future Financial and Technology ETF 0.0 70 -30 10.1 +3.9
EPU iShares MSCI All Peru Capped ETF 0.0 57 -17 7.5 +1.3
SLVP iShares MSCI Global Silver Miners ETF 0.0 39 1 3.9 -2.3
SILJ ETFMG Prime Junior Silver ETF 0.0 69 -29 1.4 -4.8
SIL Global X Silver Miners ETF 0.0 65 -25 2.3 -3.9
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.0 20 20 7.9 +1.7
EBIZ Global X E-Commerce ETF 0.0 50 -10 0.8 -5.4
BKCH Global X Blockchain ETF 0.0 50 -10 -40.7 -46.9
JEMA JPMorgan Emerging Markets Equity Core ETF 0.0 39 1 7.4 +1.2
BITQ Bitwise Crypto Industry Innovators ETF 0.0 85 -45 -26.0 -32.2
DAPP VanEck Digital Transformation ETF 0.0 50 -10 -74.8 -81.0
IOO iShares Global 100 ETF 0.0 40 0 6.3 +0.1
BECO BlackRock Future Climate and Sustainable Economy ETF 0.0 70 -30 5.0 -1.2
KRUZ Unusual Whales Subversive Republican Trading ETF 0.0 75 -35 6.3 +0.1
SPTM SPDR Portfolio Total Stock Market ETF 0.0 3 37 6.3 +0.1
CHIM Global X MSCI China Materials ETF 0.0 66 -26 12.5 +6.3
NGE Global X MSCI Nigeria ETF 0.0 91 -51 24.0 +17.8
ECNS iShares MSCI China Small-Cap ETF 0.0 57 -17 9.1 +2.9

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

  2018 2019 2020 2021 2022 2023E 2024E
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
  2022 2023E 2024E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 iShares MSCI Europe Small-Cap ETF
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 8.2 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 40 bp
Equals: ALTAR Score 6.2 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.47 CATEGORY
AVERAGE		 1.52
 
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.