iShares Europe ETF
ALTAR
Score™		 6.9% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 14.4x P/Sales
ratio		 1.6x
P/BV
ratio		 2.1x Div.
yield		 3.2%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares S&P Europe 350 Index fund seeks investment results that correspond to the price and yield performance of Standard & Poor's Europe 350 Index. The index consists primarily of large cap stocks traded in Europe's developed-country equity markets.

FUND BASICS
Category International Equities
Fund Sponsor Barclays Global Investors
Website www.ishares.com
Inception date Jul 25, 2000
Assets (mns) $2,292
Currency USD
Expense ratio 67 bp
Distributions Semi-Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 365
Wgt avg mkt cap (mns) $103,084
Large cap (>$10bn) 95.0%
Mid cap ($2-10bn) 4.7%
Small cap (<$2bn) 0.0%
Developed mkts 99.9%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ASML HOLDING NV 2.6 %
SAP AG 2.6 %
NESTLE SA-REG 2.1 %
NOVARTIS AG 1.9 %
ROCHE HOLDING LTD 1.9 %
ASTRAZENECA PLC 1.8 %
NOVO NORDISK A/S-B 1.8 %
HSBC HOLDINGS PLC 1.8 %
SHELL PLC 1.8 %
SIEMENS AG-REG 1.6 %
Total 19.8 %

TOP COUNTRY EXPOSURE
BRITAIN 22.2 %
GERMANY 15.6 %
FRANCE 15.4 %
SWITZERLAND 14.9 %
NETHERLANDS 7.9 %
SPAIN 5.0 %
SWEDEN 4.7 %
ITALY 4.5 %
DENMARK 3.5 %
FINLAND 1.6 %

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.
21.5% 16.3% 12.1% 6.5% 4.7%

Market Correlations
versus... Beta R-squared
S&P500 0.85 56%
MSCI EAFE 1.00 82%
MSCI Emg. Mkts. 0.75 49%

Technical Indicators
Recent close $63.49
30d moving avg. $63.19
Annualized volatility 18.1%
Short interest (ETF) 0.4%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 490
Turnover 1.4%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $15,042

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 462 potential alternatives to the iShares Europe ETF ETF based on the alternatives' overlap in portfolio holdings with IEV. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IEV Expense: 67 bp ALTAR Score™: 6.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IEV
Ticker Fund
Name		 Overlap1
vs IEV
(%)		 Expense
ratio
(bp)		 Savings
vs IEV
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs IEV
(%)
IEUR iShares Core MSCI Europe ETF 85.1 11 56 7.3 +0.5
DBEU Xtrackers MSCI Europe Hedged Equity ETF 84.0 46 21 7.0 +0.1
VGK Vanguard FTSE Europe ETF 83.8 6 61 7.4 +0.5
BBEU JPMorgan BetaBuilders Europe ETF 82.8 9 58 7.2 +0.3
SPEU SPDR Portfolio Europe ETF 82.3 7 60 7.3 +0.5
FLEE Franklin FTSE Europe ETF 80.0 9 58 7.4 +0.5
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 64.6 25 42 7.3 +0.4
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 63.4 20 47 6.5 -0.4
EFA iShares MSCI EAFE ETF 63.2 35 32 6.9 +0.0
STXI Strive International Developed Markets ETF 60.6 29 38 7.0 +0.1
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 57.7 36 31 6.9 +0.0
ESGD iShares ESG Aware MSCI EAFE ETF 56.1 20 47 7.0 +0.1
HFXI IQ FTSE International Equity Currency Neutral ETF 56.1 20 47 7.2 +0.3
QEFA SPDR MSCI EAFE StrategicFactors ETF 55.3 30 37 7.1 +0.2
GSID Goldman Sachs MarketBeta International Equity ETF 54.2 20 47 7.0 +0.2
IEFA iShares Core MSCI EAFE ETF 54.2 7 60 7.2 +0.3
EZU iShares MSCI Eurozone ETF 52.3 52 15 6.7 -0.2
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 51.2 45 22 7.1 +0.3
EFV iShares MSCI EAFE Value ETF 51.1 34 33 9.4 +2.5
DOL WisdomTree International LargeCap Dividend Fund 51.0 48 19 7.4 +0.6
CEFA Global X S&P Catholic Values Developed ex-US ETF 51.0 35 32 6.8 -0.1
EFG iShares MSCI EAFE Growth ETF 50.3 36 31 4.4 -2.5
IQSI IQ Candriam International Equity ETF 50.1 15 52 6.7 -0.2
IQLT iShares MSCI Intl Quality Factor ETF 49.2 30 37 6.3 -0.6
JHMD John Hancock Multifactor Developed International ETF 49.0 39 28 7.7 +0.8
DIVI Franklin International Core Dividend Tilt Index ETF 48.9 9 58 8.2 +1.3
BKIE BNY Mellon International Equity ETF 48.6 4 63 7.1 +0.3
IDEV iShares Core MSCI International Developed Markets ETF 48.2 4 63 7.2 +0.3
JIRE JPMorgan International Research Enhanced Equity ETF 47.9 24 43 7.2 +0.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 46.6 45 22 8.9 +2.1
SCHF Schwab International Equity ETF 45.9 6 61 7.4 +0.5
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 45.9 12 55 6.2 -0.7
SPDW SPDR Portfolio Developed World ex-US ETF 45.5 3 64 7.2 +0.3
DWM WisdomTree International Equity Fund 45.0 48 19 7.5 +0.6
VEA Vanguard FTSE Developed Markets ETF 45.0 3 64 7.3 +0.5
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 44.7 40 27 7.6 +0.7
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 44.6 14 53 6.3 -0.5
DFAI Dimensional International Core Equity Market ETF 44.3 18 49 7.3 +0.4
DMXF iShares ESG Advanced MSCI EAFE ETF 43.0 12 55 5.6 -1.3
GSIE Goldman Sachs ActiveBeta International Equity ETF 42.5 25 42 7.2 +0.3
IMTM iShares MSCI Intl Momentum Factor ETF 41.6 30 37 5.5 -1.4
FENI Fidelity Enhanced International ETF 40.9 28 39 6.7 -0.1
IVLU iShares MSCI Intl Value Factor ETF 40.5 30 37 10.7 +3.9
VYMI Vanguard International High Dividend Yield ETF 40.4 17 50 9.9 +3.0
CWI SPDR MSCI ACWI ex-US ETF 40.2 30 37 7.8 +0.9
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 40.1 20 47 6.7 -0.2
ACWX iShares MSCI ACWI ex U.S. ETF 39.5 34 33 7.9 +1.0
CIL VictoryShares International Volatility Wtd ETF 39.0 45 22 6.7 -0.2
FNDF Schwab Fundamental International Large Co. Index ETF 38.8 25 42 9.6 +2.7
INTF iShares International Equity Factor ETF 38.7 15 52 7.9 +1.0
VEU Vanguard FTSE All-World ex-US Index Fund 36.5 4 63 8.2 +1.4
DFSI Dimensional International Sustainability Core 1 ETF 36.3 24 43 6.5 -0.4
OEUR ALPS O'Shares Europe Quality Dividend ETF 36.0 48 19 5.9 -1.0
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 36.0 41 26 7.7 +0.9
FEZ SPDR EURO STOXX 50 ETF 35.6 29 38 7.1 +0.3
IMFL Invesco International Developed Dynamic Multifactor ETF 35.1 34 33 6.0 -0.9
EUDG WisdomTree Europe Quality Dividend Growth Fund 34.3 58 9 6.8 -0.1
GXUS Goldman Sachs MarketBeta Total International Equity ETF 34.2 18 49 7.9 +1.0
IXUS iShares Core MSCI Total International Stock ETF 34.1 7 60 8.1 +1.2
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 33.4 39 28 6.8 -0.1
VXUS Vanguard Total International Stock ETF 33.3 5 62 8.1 +1.2
UMMA Wahed Dow Jones Islamic World ETF 33.2 65 2 5.2 -1.7
IDHQ Invesco S&P International Developed High Quality ETF 33.0 29 38 6.7 -0.2
DFIC Dimensional International Core Equity 2 ETF 32.5 23 44 7.6 +0.7
FIVA Fidelity International Value Factor ETF 31.7 18 49 10.2 +3.3
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 31.5 39 28 8.2 +1.3
NUDM Nuveen ESG International Developed Markets Equity ETF 30.6 31 36 6.4 -0.5
VSGX Vanguard ESG International Stock ETF 30.4 10 57 8.0 +1.1
DIHP Dimensional International High Profitability ETF 30.2 29 38 7.2 +0.4
IDMO Invesco S&P International Developed Momentum ETF 30.1 25 42 5.4 -1.5
RFEU First Trust Riverfront Dynamic Europe ETF 29.9 83 -16 10.5 +3.6
AVDE Avantis International Equity ETF 29.4 23 44 7.6 +0.7
AVSD Avantis Responsible International Equity ETF 29.0 23 44 5.7 -1.2
RFDI First Trust Riverfront Dynamic Developed International ETF 28.5 83 -16 9.8 +2.9
TPIF Timothy Plan International ETF 28.1 62 5 6.2 -0.7
EFAV iShares MSCI EAFE Min Vol Factor ETF 28.1 22 45 5.8 -1.1
CGIE Capital Group International Equity ETF 27.9 54 13 5.0 -1.9
DFIV Dimensional International Value ETF 27.7 27 40 10.1 +3.2
DXIV Dimensional International Vector Equity ETF 25.9 34 33 8.0 +1.1
FDEV Fidelity International Multifactor ETF 25.7 18 49 7.5 +0.6
HEDJ WisdomTree Europe Hedged Equity Fund 25.6 58 9 6.8 -0.1
DWMF WisdomTree International Multifactor Fund 25.5 38 29 7.1 +0.2
QINT American Century Quality Diversified International ETF 25.1 39 28 7.4 +0.6
DTH WisdomTree International High Dividend Fund 24.9 58 9 8.9 +2.0
PATN Pacer Nasdaq International Patent Leaders ETF 24.5 65 2 6.3 -0.6
FEP First Trust Europe AlphaDEX Fund 24.0 80 -13 9.2 +2.3
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 23.9 32 35 6.0 -0.9
JPIN J.P. Morgan Diversified Return International Equity ETF 23.8 37 30 8.6 +1.8
LVHI Franklin International Low Volatility High Dividend Index ET 22.8 40 27 10.8 +3.9
EUFN iShares MSCI Europe Financials ETF 22.7 51 16 8.4 +1.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 22.6 30 37 8.1 +1.2
IGRO iShares International Dividend Growth ETF 22.5 15 52 7.3 +0.4
EWU iShares MSCI United Kingdom ETF 22.1 50 17 8.6 +1.7
DTAN Sparkline International Intangible Value ETF 21.9 55 12 8.2 +1.3
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 21.8 24 43 7.6 +0.7
IXG iShares Global Financials ETF 21.6 42 25 6.8 -0.1
ESGG FlexShares STOXX Global ESG Select Index Fund 21.4 42 25 5.5 -1.4
IQDG WisdomTree International Quality Dividend Growth Fund 21.0 42 25 7.1 +0.2
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 21.0 58 9 7.0 +0.1
FLGB Franklin FTSE United Kingdom ETF 20.9 9 58 7.9 +1.0
AVIV Avantis International Large Cap Value ETF 20.8 25 42 8.9 +2.1
DGT SPDR Global Dow ETF 20.5 50 17 7.3 +0.4
FEUZ First Trust Eurozone AlphaDEX ETF 19.9 80 -13 9.0 +2.1
EUDV ProShares MSCI Europe Dividend Growers ETF 19.8 55 12 6.0 -0.9
VIGI Vanguard International Dividend Appreciation ETF 19.8 10 57 6.3 -0.6
FICS First Trust International Developed Capital Strength ETF 19.8 70 -3 6.3 -0.6
VWID Virtus WMC International Dividend ETF 19.7 49 18 8.9 +2.0
IQDF FlexShares International Quality Dividend Index Fund 19.6 47 20 9.3 +2.4
OSEA Harbor International Compounders ETF 19.5 55 12 4.6 -2.3
IDLV Invesco S&P International Developed Low Volatility ETF 19.5 25 42 6.5 -0.4
FIDI Fidelity International High Dividend ETF 19.3 18 49 9.0 +2.1
UIVM VictoryShares International Value Momentum ETF 18.6 35 32 9.0 +2.1
RODM Hartford Multifactor Developed Markets (ex-US) ETF 18.6 29 38 8.0 +1.1
JIG JPMorgan International Growth ETF 18.4 55 12 4.7 -2.1
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 18.2 9 58 9.2 +2.3
CGXU Capital Group International Focus Equity ETF 18.2 54 13 5.8 -1.1
EXI iShares Global Industrials ETF 18.2 42 25 4.5 -2.4
QWLD SPDR MSCI World StrategicFactors ETF 18.0 30 37 6.1 -0.8
GCOW Pacer Global Cash Cows Dividend ETF 17.9 60 7 10.9 +4.1
PPIE Putnam PanAgora ESG International Equity ETF 17.8 49 18 7.5 +0.6
RCGE RockCreek Global Equality ETF 17.8 95 -28 6.4 -0.5
IQDY FlexShares International Quality Dividend Dynamic Index Fund 17.1 47 20 8.5 +1.6
TTAI FCF International Quality ETF 17.0 59 8 7.0 +0.1
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 16.7 80 -13 5.6 -1.3
JHID John Hancock International High Dividend ETF 16.6 46 21 9.9 +3.0
EWQ iShares MSCI France ETF 16.6 53 14 7.1 +0.3
TOK iShares MSCI Kokusai ETF 16.5 26 41 5.2 -1.7
EFAD ProShares MSCI EAFE Dividend Growers ETF 16.3 50 17 5.9 -1.0
DEW WisdomTree Global High Dividend Fund 16.2 58 9 8.7 +1.8
KOKU Xtrackers MSCI Kokusai Equity ETF 15.7 9 58 5.3 -1.6
URTH iShares MSCI World ETF 15.6 24 43 5.3 -1.6
EWG iShares MSCI Germany ETF 15.5 50 17 6.0 -0.9
WWJD Inspire International ETF 15.2 80 -13 7.3 +0.4
DAX Global X DAX Germany ETF 15.2 21 46 6.4 -0.5
FDT First Trust Developed Markets ex-US AlphaDEX Fund 15.1 80 -13 10.0 +3.1
IOO iShares Global 100 ETF 14.9 41 26 5.0 -1.9
KLMT Invesco MSCI Global Climate 500 ETF 14.9 10 57 5.9 -1.0
CGGO Capital Group Global Growth Equity ETF 14.8 47 20 4.7 -2.2
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 14.6 80 -13 4.9 -2.0
LEGR First Trust Indxx Innovative Transaction & Process ETF 14.1 65 2 7.4 +0.6
FLGR Franklin FTSE Germany ETF 14.0 9 58 6.7 -0.2
EWL iShares MSCI Switzerland ETF 14.0 50 17 6.1 -0.8
ACWI iShares MSCI ACWI ETF 14.0 32 35 5.7 -1.2
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 13.9 65 2 3.7 -3.2
CGDG Capital Group Dividend Growers ETF 13.8 47 20 6.2 -0.7
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 13.7 42 25 6.7 -0.2
BKCI BNY Mellon Concentrated International ETF 13.5 80 -13 5.0 -1.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 13.3 9 58 5.9 -1.0
IXJ iShares Global Healthcare ETF 13.3 42 25 7.3 +0.4
RODE Hartford Multifactor Diversified International ETF 13.3 29 38 12.7 +5.8
IPKW Invesco International BuyBack Achievers ETF 13.2 55 12 13.5 +6.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 12.6 20 47 5.8 -1.1
WRND IQ Global Equity R&D Leaders ETF 12.5 18 49 8.4 +1.5
VT Vanguard Total World Stock ETF 12.2 6 61 6.0 -0.9
DWX SPDR S&P International Dividend ETF 12.2 45 22 6.3 -0.6
FKU First Trust United Kingdom AlphaDEX Fund 12.2 80 -13 7.4 +0.5
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 12.2 25 42 6.0 -0.9
CZAR Themes Natural Monopoly ETF 12.0 35 32 5.5 -1.4
SCHY Schwab International Dividend Equity ETF 12.0 14 53 9.6 +2.8
BLES Inspire Global Hope ETF 11.9 61 6 6.8 -0.1
ICOW Pacer Developed Markets International Cash Cows 100 ETF 11.7 65 2 11.6 +4.7
GLOF iShares Global Equity Factor ETF 11.4 20 47 6.7 -0.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 11.1 12 55 5.2 -1.6
INEQ Columbia International Equity Income ETF 11.0 45 22 8.3 +1.5
IDOG ALPS International Sector Dividend Dogs ETF 11.0 50 17 12.2 +5.4
FEOE First Eagle Overseas Equity ETF 10.9 79 -12 8.2 +1.4
FLSW Franklin FTSE Switzerland ETF 10.9 9 58 6.3 -0.6
IDV iShares International Select Dividend ETF 10.7 51 16 11.0 +4.1
AIVI WisdomTree International AI Enhanced Value Fund 10.7 58 9 7.4 +0.5
JGLO JPMorgan Global Select Equity ETF 10.5 33 34 4.9 -2.0
MOTG VanEck Morningstar Global Wide Moat ETF 10.0 52 15 6.7 -0.2
VIDI Vident International Equity Strategy ETF 9.6 61 6 11.3 +4.5
KXI iShares Global Consumer Staples ETF 9.6 41 26 5.6 -1.3
KOCG FIS Knights of Columbus Global Belief ETF 9.4 75 -8 5.1 -1.8
DSTX Distillate International Fundamental Stability & Value ETF 9.1 55 12 8.2 +1.3
FEGE First Eagle Global Equity ETF 8.9 79 -12 7.0 +0.1
DIVS SmartETFs Dividend Builder ETF 8.9 65 2 5.0 -1.9
AGQI First Trust Active Global Quality Income ETF 8.9 85 -18 5.3 -1.6
RXI iShares Global Consumer Discretionary ETF 8.7 41 26 9.2 +2.3
FDD First Trust Stoxx European Select Dividend Index Fund 8.4 58 9 11.7 +4.8
FYLD Cambria Foreign Shareholder Yield ETF 8.4 59 8 11.8 +5.0
MOTI VanEck Morningstar International Moat ETF 8.1 58 9 11.1 +4.2
EFAS Global X MSCI SuperDividend EAFE ETF 7.8 57 10 8.5 +1.6
JSTC Adasina Social Justice All Cap Global ETF 7.7 89 -22 4.8 -2.1
DIM WisdomTree International MidCap Dividend Fund 7.6 58 9 7.6 +0.7
WLDR Affinity World Leaders Equity ETF 7.6 67 0 7.8 +0.9
FGM First Trust Germany AlphaDEX Fund 7.5 80 -13 6.1 -0.8
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 7.5 60 7 3.6 -3.3
BINV Brandes International ETF 7.4 70 -3 9.7 +2.8
HART IQ Healthy Hearts ETF 7.3 45 22 6.7 -0.2
FSZ First Trust Switzerland AlphaDEX Fund 7.2 80 -13 5.1 -1.8
OCEN IQ Clean Oceans ETF 6.9 45 22 6.3 -0.6
EWN iShares MSCI Netherlands ETF 6.8 50 17 5.4 -1.4
RGEF Rockefeller Global Equity ETF 6.8 55 12 4.9 -2.0
RAYD Rayliant Quantitative Developed Market Equity ETF 6.6 80 -13 4.5 -2.4
COPY Tweedy, Browne Insider + Value ETF 6.5 80 -13 11.7 +4.9
XT iShares Exponential Technologies ETF 6.5 46 21 4.8 -2.1
CLNR IQ Cleaner Transport ETF 6.4 45 22 6.6 -0.3
KNO AXS Knowledge Leaders ETF 6.3 78 -11 6.0 -0.9
FGD First Trust Dow Jones Global Select Dividend Index Fund 6.3 56 11 10.9 +4.1
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 6.2 58 9 4.8 -2.1
WBAT WisdomTree Battery Value Chain and Innovation Fund 6.1 45 22 4.5 -2.4
FDTX Fidelity Disruptive Technology ETF 6.0 50 17 2.6 -4.3
TEMP JPMorgan Climate Change Solutions ETF 5.9 49 18 5.8 -1.1
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 5.8 46 21 10.3 +3.4
GINN Goldman Sachs Innovate Equity ETF 5.7 52 15 3.7 -3.2
HRTS Tema GLP-1 Obesity & Cardiometabolic ETF 5.5 75 -8 1.2 -5.7
OAIM OneAscent International Equity ETF 5.5 95 -28 5.6 -1.3
PCGG Polen Capital Global Growth ETF 5.5 85 -18 3.8 -3.1
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 5.4 47 20 5.8 -1.0
GNR SPDR S&P Global Natural Resources ETF 5.4 40 27 11.3 +4.4
CRTC Xtrackers US National Critical Technologies ETF 5.4 35 32 4.8 -2.0
IDNA iShares Genomics Immunology and Healthcare ETF 5.3 47 20 -2.2 -9.1
GLBL Pacer MSCI World Industry Advantage ETF 5.2 65 2 4.3 -2.6
IVAL Alpha Architect International Quantitative Value ETF 5.2 49 18 10.7 +3.8
IXN iShares Global Tech ETF 5.2 41 26 3.9 -3.0
MXI iShares Global Materials ETF 5.1 41 26 7.8 +1.0
LUX Tema Luxury ETF 4.9 75 -8 4.3 -2.6
EWP iShares MSCI Spain ETF 4.9 50 17 7.4 +0.5
EWI iShares MSCI Italy ETF 4.7 50 17 10.3 +3.4
IXC iShares Global Energy ETF 4.6 44 23 10.3 +3.4
NATO Themes Transatlantic Defense ETF 4.6 35 32 2.3 -4.5
IMOM Alpha Architect International Quantitative Momentum ETF 4.6 49 18 3.3 -3.6
FILL iShares MSCI Global Energy Producers ETF 4.5 39 28 11.7 +4.8
FPXE First Trust IPOX Europe Equity Opportunities ETF 4.5 70 -3 4.7 -2.2
EWD iShares MSCI Sweden ETF 4.4 54 13 5.6 -1.3
GSFP Goldman Sachs Future Planet Equity ETF 4.3 75 -8 4.6 -2.3
JXI iShares Global Utilities ETF 4.3 43 24 5.9 -0.9
SHPP Pacer Industrials and Logistics ETF 4.3 60 7 8.5 +1.6
GVAL Cambria Global Value ETF 4.3 68 -1 11.1 +4.2
SAGP Strategas Global Policy Opportunities ETF 4.3 65 2 5.3 -1.6
BLLD JPMorgan Sustainable Infrastructure ETF 4.2 49 18 6.1 -0.8
ACWV iShares MSCI Global Min Vol Factor ETF 4.2 20 47 6.0 -0.9
FID First Trust S&P International Dividend Aristocrats ETF 4.2 60 7 8.2 +1.3
GDOC Goldman Sachs Future Health Care Equity ETF 4.1 75 -8 2.8 -4.1
WDIV SPDR S&P Global Dividend ETF 3.9 40 27 9.6 +2.7
FINE Themes European Luxury ETF 3.8 35 32 3.4 -3.5
CANC Tema Oncology ETF 3.7 75 -8 -2.6 -9.5
FNDC Schwab Fundamental International Small Co. Index ETF 3.6 39 28 5.9 -1.0
CLOD Themes Cloud Computing ETF 3.5 35 32 3.1 -3.8
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 3.5 65 2 2.2 -4.7
EDEN iShares MSCI Denmark ETF 3.4 53 14 6.7 -0.2
SDG iShares MSCI Global Sustainable Development Goals ETF 3.4 49 18 6.2 -0.7
FPAG FPA Global Equity ETF 3.4 49 18 5.8 -1.1
IBAT iShares Energy Storage & Materials ETF 3.4 47 20 5.3 -1.6
IXP iShares Global Comm Services ETF 3.3 42 25 5.7 -1.2
DFIS Dimensional International Small Cap ETF 3.3 39 28 7.4 +0.5
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 3.3 61 6 1.4 -5.5
AGNG Global X Aging Population ETF 3.2 50 17 4.9 -2.0
MOTO SmartETFs Smart Transportation & Technology ETF 3.1 68 -1 7.2 +0.3
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 3.1 79 -12 5.1 -1.8
LOUP Innovator Deepwater Frontier Tech ETF 3.1 70 -3 1.2 -5.7
FAN First Trust Global Wind Energy ETF 3.0 60 7 4.5 -2.4
NXTG First Trust Indxx NextG ETF 2.9 70 -3 5.3 -1.5
ROBO ROBO Global Robotics & Automation Index ETF 2.9 95 -28 3.5 -3.4
CARZ First Trust NASDAQ Global Auto Index Fund 2.9 70 -3 5.2 -1.7
IQRA IQ CBRE Real Assets ETF 2.9 65 2 5.8 -1.1
AIQ Global X Artificial Intelligence & Technology ETF 2.9 68 -1 3.8 -3.0
VOLT Tema Electrification ETF 2.8 75 -8 2.8 -4.1
KNCT Invesco Next Gen Connectivity ETF 2.8 40 27 5.0 -1.9
NETZ TCW Transform Systems ETF 2.8 75 -8 2.5 -4.3
GII SPDR S&P Global Infrastructure ETF 2.8 40 27 4.8 -2.1
IGF iShares Global Infrastructure ETF 2.8 41 26 4.8 -2.1
PRNT 3D Printing ETF 2.7 66 1 1.3 -5.6
RSHO Tema American Reshoring ETF 2.7 75 -8 4.7 -2.2
TINY ProShares Nanotechnology ETF 2.6 58 9 4.1 -2.8
DTEC ALPS Disruptive Technologies ETF 2.6 50 17 3.8 -3.0
CCNR ALPS CoreCommodity Natural Resources ETF 2.5 39 28 11.3 +4.4
IVES Wedbush ETFMG Global Cloud Technology ETF 2.5 68 -1 15.7 +8.8
QTUM Defiance Quantum ETF 2.4 40 27 5.4 -1.5
ISCF iShares International SmallCap Equity Factor ETF 2.4 23 44 8.3 +1.4
SNSR Global X Internet of Things ETF 2.3 68 -1 4.5 -2.4
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 2.2 75 -8 7.8 +1.0
OGIG ALPS O'Shares Global Internet Giants ETF 2.2 48 19 1.6 -5.2
NBCC Neuberger Berman Next Generation Connected Consumer ETF 2.2 56 11 2.5 -4.4
VCLN Virtus Duff & Phelps Clean Energy ETF 2.2 59 8 5.5 -1.4
HAP VanEck Natural Resources ETF 2.2 50 17 9.6 +2.7
IPAV Global X Infrastructure Development ex-U.S. ETF 2.2 55 12 7.5 +0.7
FBOT Fidelity Disruptive Automation ETF 2.2 50 17 3.7 -3.2
WDNA WisdomTree BioRevolution Fund 2.2 45 22 -1.3 -8.1
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 2.1 46 21 5.7 -1.2
AIVC Amplify Bloomberg AI Value Chain ETF 2.1 59 8 6.0 -0.9
PAWZ ProShares Pet Care ETF 2.1 50 17 3.8 -3.1
BWEB Bitwise Web3 ETF 2.0 85 -18 0.0 -6.9
SHLD Global X Defense Tech ETF 2.0 50 17 3.4 -3.5
ISHP First Trust Nasdaq Retail ETF 1.9 60 7 5.3 -1.6
SMOG VanEck Low Carbon Energy ETF 1.9 61 6 1.6 -5.3
GSIB Themes Global Systemically Important Banks ETF 1.9 35 32 9.7 +2.8
OZEM Roundhill GLP-1 & Weight Loss ETF 1.9 59 8 -0.6 -7.5
THNR Amplify Weight Loss Drug & Treatment ETF 1.9 59 8 5.8 -1.1
DISV Dimensional International Small Cap Value ETF 1.8 42 25 9.5 +2.6
GNOM Global X Genomics & Biotechnology ETF 1.8 50 17 -3.6 -10.4
FPXI First Trust International Equity Opportunities ETF 1.8 70 -3 3.5 -3.4
ABLG Abacus FCF International Leaders ETF 1.6 59 8 6.5 -0.4
TOLL Tema Monopolies and Oligopolies ETF 1.6 75 -8 3.9 -3.0
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.6 49 18 7.0 +0.1
IVEG iShares Emergent Food and AgTech Multisector ETF 1.5 47 20 8.9 +2.0
FDNI First Trust Dow Jones International Internet ETF 1.5 65 2 18.8 +11.9
IBOT Vaneck Robotics ETF 1.5 47 20 4.1 -2.8
TMFG Motley Fool Global Opportunities ETF 1.5 85 -18 4.0 -2.9
ICLN iShares Global Clean Energy ETF 1.5 41 26 5.9 -1.0
EWK iShares MSCI Belgium ETF 1.4 50 17 4.6 -2.3
INFL Horizon Kinetics Inflation Beneficiaries ETF 1.4 85 -18 4.0 -2.9
BMED Future Health ETF 1.4 85 -18 0.5 -6.4
FDFF Fidelity Disruptive Finance ETF 1.4 50 17 4.1 -2.8
FRNW Fidelity Clean Energy ETF 1.3 39 28 3.9 -3.0
PICK iShares MSCI Global Metals & Mining Producers ETF 1.3 39 28 13.4 +6.5
DINT Davis Select International ETF 1.2 55 12 8.1 +1.2
CGGR Capital Group Growth ETF 1.2 39 28 3.2 -3.6
EFNL iShares MSCI Finland ETF 1.2 56 11 7.1 +0.3
ARKX ARK Space Exploration & Innovation ETF 1.2 75 -8 -0.3 -7.1
UFO Procure Space ETF 1.2 75 -8 -1.7 -8.6
TEKX SPDR Galaxy Transformative Tech Accelerators ETF 1.2 65 2 -1.3 -8.2
BCDF Horizon Kinetics Blockchain Development ETF 1.2 85 -18 4.0 -2.9
IDRV iShares Self-driving EV & Tech ETF 1.2 47 20 1.6 -5.3
MDEV First Trust Indxx Medical Devices ETF 1.2 70 -3 4.4 -2.5
DFNL Davis Select Financial ETF 1.2 63 4 7.5 +0.7
TOKE Cambria Cannabis ETF 1.1 42 25 1.7 -5.2
IDAT iShares Future Cloud 5G and Tech ETF 1.1 47 20 4.7 -2.1
JETS U.S. Global Jets ETF 1.1 60 7 2.6 -4.3
DWLD Davis Select Worldwide ETF 1.1 63 4 7.5 +0.6
ANEW ProShares MSCI Transformational Changes ETF 1.0 45 22 6.1 -0.8
PBD Invesco Global Clean Energy ETF 1.0 75 -8 0.5 -6.3
CGUS Capital Group Core Equity ETF 1.0 33 34 4.3 -2.6
HTEC ROBO Global Healthcare Technology and Innovation ETF 1.0 68 -1 2.2 -4.7
IBUY Amplify Online Retail ETF 1.0 65 2 1.2 -5.7
IQM Franklin Intelligent Machines ETF 0.9 50 17 2.1 -4.8
AADR AdvisorShares Dorsey Wright ADR ETF 0.9 110 -43 5.1 -1.8
FFND Future Fund Active ETF 0.9 100 -33 4.4 -2.5
GINX SGI Enhanced Global Income ETF 0.9 98 -31 7.0 +0.1
IEUS iShares MSCI Europe Small-Cap ETF 0.9 42 25 7.2 +0.3
SCZ iShares MSCI EAFE Small-Cap ETF 0.9 40 27 7.0 +0.1
DRIV Global X Autonomous & Electric Vehicles ETF 0.9 68 -1 5.4 -1.5
SUPL ProShares Supply Chain Logistics ETF 0.8 58 9 11.3 +4.5
CGDV Capital Group Dividend Value ETF 0.8 33 34 4.5 -2.4
PSP Invesco Global Listed Private Equity ETF 0.8 106 -39 5.9 -0.9
BOTZ Global X Robotics & Artificial Intelligence ETF 0.8 69 -2 2.4 -4.5
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.8 33 34 10.2 +3.3
ENOR iShares MSCI Norway ETF 0.8 53 14 10.1 +3.2
NORW Global X MSCI Norway ETF 0.8 50 17 10.1 +3.2
HELX Franklin Genomic Advancements ETF 0.8 50 17 -0.3 -7.2
APIE ActivePassive International Equity ETF 0.7 45 22 7.5 +0.6
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 0.7 58 9 8.8 +1.9
BPAY BlackRock Future Financial and Technology ETF 0.7 70 -3 6.6 -0.3
EWUS iShares MSCI United Kingdom Small Cap ETF 0.7 59 8 7.5 +0.6
PIO Invesco Global Water ETF 0.7 75 -8 4.7 -2.2
DMAT Global X Disruptive Materials ETF 0.7 59 8 9.1 +2.2
BUYZ Franklin Disruptive Commerce ETF 0.7 50 17 2.3 -4.5
FMED Fidelity Disruptive Medicine ETF 0.7 50 17 -1.1 -8.0
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.7 10 57 8.3 +1.4
IFGL iShares International Developed Real Estate ETF 0.7 48 19 7.2 +0.3
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.7 12 55 8.1 +1.2
ERET iShares Environmentally Aware Real Estate ETF 0.7 30 37 7.6 +0.7
FFLC Fidelity Fundamental Large Cap Core ETF 0.7 38 29 4.6 -2.3
ETEC iShares Breakthrough Environmental Solutions ETF 0.6 47 20 3.5 -3.4
FTAG First Trust Indxx Global Agriculture ETF 0.6 70 -3 8.3 +1.4
GGME Invesco Next Gen Media and Gaming ETF 0.6 60 7 4.3 -2.6
FINX Global X FinTech ETF 0.6 68 -1 2.2 -4.7
EIRL iShares MSCI Ireland ETF 0.6 50 17 8.8 +1.9
BULD Pacer BlueStar Engineering the Future ETF 0.6 60 7 1.4 -5.5
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 0.6 75 -8 4.4 -2.5
CGW Invesco S&P Global Water Index ETF 0.6 57 10 4.7 -2.2
EBLU Ecofin Global Water ESG Fund 0.6 40 27 4.2 -2.7
EV Mast Global Battery Recycling & Production ETF 0.6 65 2 10.6 +3.7
FDRR Fidelity Dividend ETF for Rising Rates 0.6 15 52 7.2 +0.3
IWTR iShares MSCI Water Management Multisector ETF 0.5 47 20 5.7 -1.2
GMET VanEck Green Metals ETF 0.5 63 4 9.3 +2.4
IGPT Invesco AI and Next Gen Software ETF 0.5 60 7 4.2 -2.7
TRFK Pacer Data and Digital Revolution ETF 0.5 60 7 3.2 -3.7
COPX Global X Copper Miners ETF 0.5 65 2 8.2 +1.3
COPA Themes Copper Miners ETF 0.5 35 32 6.5 -0.4
TINT ProShares Smart Materials ETF 0.5 58 9 7.3 +0.4
AVDV Avantis International Small Cap Value ETF 0.5 36 31 10.0 +3.2
LST Leuthold Select Industries ETF 0.5 91 -24 5.5 -1.4
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.5 39 28 -0.9 -7.8
AZTD Aztlan Global Stock Selection DM SMID ETF 0.5 75 -8 7.8 +0.9
CGV Conductor Global Equity Value ETF 0.5 130 -63 8.7 +1.8
ARKF ARK Fintech Innovation ETF 0.5 75 -8 -0.5 -7.3
TOGA Tremblant Global ETF 0.5 69 -2 1.5 -5.4
PEX ProShares Global Listed Private Equity ETF 0.5 81 -14 10.3 +3.4
RWO SPDR Dow Jones Global Real Estate ETF 0.4 50 17 7.2 +0.3
RWX SPDR Dow Jones International Real Estate ETF 0.4 59 8 7.2 +0.3
ION ProShares S&P Global Core Battery Metals ETF 0.4 58 9 11.2 +4.3
GTEK Goldman Sachs Future Tech Leaders Equity ETF 0.4 75 -8 3.1 -3.8
AVDS Avantis International Small Cap Equity ETF 0.4 30 37 7.5 +0.6
FDHT Fidelity Digital Health ETF 0.4 39 28 0.9 -6.0
ICOP iShares Copper and Metals Mining ETF 0.4 47 20 8.9 +2.1
BOTT Themes Robotics & Automation ETF 0.4 35 32 4.7 -2.2
ERTH Invesco MSCI Sustainable Future ETF 0.4 62 5 3.6 -3.3
MOO VanEck Agribusiness ETF 0.4 53 14 10.3 +3.5
RVRB Reverb ETF 0.4 30 37 4.7 -2.2
RUNN Running Oak Efficient Growth ETF 0.4 58 9 4.9 -2.0
BKWO BNY Mellon Women's Opportunities ETF 0.4 50 17 3.7 -3.2
EFRA iShares Environmental Infrastructure and Industrials ETF 0.4 47 20 5.2 -1.7
EWO iShares MSCI Austria ETF 0.4 50 17 11.1 +4.2
CUT Invesco MSCI Global Timber ETF 0.3 61 6 10.1 +3.2
MNTL Tema Neuroscience and Mental Health ETF 0.3 75 -8 -0.9 -7.8
AWAY ETFMG Travel Tech ETF 0.3 76 -9 0.0 -6.9
LRGE ClearBridge Large Cap Growth ESG ETF 0.3 59 8 3.9 -3.0
FDVV Fidelity High Dividend ETF 0.3 15 52 7.8 +0.9
REET iShares Global REIT ETF 0.3 14 53 7.7 +0.8
DFGR Dimensional Global Real Estate ETF 0.3 22 45 7.6 +0.7
VGSR Vert Global Sustainable Real Estate ETF 0.3 47 20 7.4 +0.5
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.3 68 -1 2.4 -4.5
WOOD iShares Global Timber & Forestry ETF 0.3 42 25 12.0 +5.1
FTRI First Trust Indxx Global Natural Resources Income ETF 0.3 70 -3 8.1 +1.2
AIS VistaShares Artificial Intelligence Supercycle ETF 0.3 75 -8 3.6 -3.3
KROP Global X AgTech & Food Innovation ETF 0.3 50 17 6.4 -0.4
ARTY iShares Future AI & Tech ETF 0.2 47 20 3.3 -3.6
BGRO iShares Large Cap Growth Active ETF 0.2 55 12 3.1 -3.8
AVRE Avantis Real Estate ETF 0.2 17 50 7.2 +0.4
CTEC Global X CleanTech ETF 0.2 50 17 2.5 -4.4
CIBR First Trust NASDAQ Cybersecurity ETF 0.2 60 7 3.9 -3.0
WAR U.S. Global Tech and Aerospace & Defense ETF 0.2 60 7 3.5 -3.4
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.2 60 7 10.5 +3.6
WNDY Global X Wind Energy ETF 0.2 50 17 5.5 -1.4
FMET Fidelity Metaverse ETF 0.2 39 28 4.9 -2.0
IVRS iShares Future Metaverse Tech and Communications ETF 0.2 47 20 2.6 -4.2
SRVR Pacer Data & Infrastructure Real Estate ETF 0.2 55 12 3.8 -3.1
WTRE WisdomTree New Economy Real Estate Fund 0.2 58 9 9.2 +2.3
FDCF Fidelity Disruptive Communications ETF 0.2 50 17 3.0 -3.9
CRAK VanEck Oil Refiners ETF 0.2 61 6 13.9 +7.0
BETZ Roundhill Sports Betting & iGaming ETF 0.2 75 -8 2.0 -4.9
BJK VanEck Gaming ETF 0.2 65 2 4.0 -2.9
BNGE First Trust S-Network Streaming and Gaming ETF 0.2 70 -3 2.8 -4.1
ODDS Pacer BlueStar Digital Entertainment ETF 0.2 60 7 2.1 -4.8
SDIV Global X Superdividend ETF 0.2 58 9 39.6 +32.7
HEAL Global X HealthTech ETF 0.2 50 17 -0.7 -7.6
AQWA Global X Clean Water ETF 0.2 50 17 4.9 -2.0
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.1 85 -18 9.9 +3.0
RNRG Global X Renewable Energy Producers ETF 0.1 66 1 5.7 -1.2
VEGI iShares MSCI Agriculture Producers ETF 0.1 39 28 8.6 +1.7
SYNB Putnam BioRevolution ETF 0.1 70 -3 3.0 -3.9
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 46 3.8 -3.1
BATT Amplify Lithium & Battery Technology ETF 0.1 59 8 3.7 -3.2
SCHC Schwab International Small-Cap Equity ETF 0.1 11 56 6.8 -0.1
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 8 59 6.8 -0.0
FDIG Fidelity Crypto Industry and Digital Payments ETF 0.1 39 28 -1.0 -7.9
DTRE First Trust Alerian Disruptive Technology Real Estate ETF 0.1 60 7 6.0 -0.8
INDS Pacer Industrial Real Estate ETF 0.1 55 12 6.8 -0.1
URAN Themes Uranium & Nuclear ETF 0.1 35 32 1.8 -5.1
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 0.1 40 27 7.2 +0.3
SILJ ETFMG Prime Junior Silver Miners ETF 0.1 69 -2 2.8 -4.1
BOAT SonicShares Global Shipping ETF 0.1 69 -2 30.7 +23.8
SETM Sprott Energy Transition Materials ETF 0.1 65 2 3.4 -3.5
EMM Global X Emerging Markets ex-China ETF 0.1 75 -8 6.1 -0.8
EMC Global X Emerging Markets Great Consumer ETF 0.1 75 -8 8.9 +2.1
PTEC Global X PropTech ETF 0.1 50 17 1.8 -5.1
GLCR GlacierShares Nasdaq Iceland ETF 0.1 95 -28 4.6 -2.3
ECLN First Trust EIP Carbon Impact ETF 0.1 96 -29 4.1 -2.8
PRAY FIS Christian Stock Fund 0.1 69 -2 5.1 -1.8
NLR VanEck Uranium+Nuclear Energy ETF 0.1 61 6 2.1 -4.7
RW Rainwater Equity ETF 0.1 125 -58 2.7 -4.2
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.0 86 -19 13.6 +6.7
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 0.0 86 -19 0.9 -6.0
OND ProShares On-Demand ETF 0.0 58 9 0.7 -6.2
GQRE FlexShares Global Quality Real Estate Index Fund 0.0 45 22 7.9 +1.0
IPOS Renaissance International IPO ETF 0.0 80 -13 9.8 +2.9
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.0 72 -5 -0.8 -7.7
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.0 80 -13 11.1 +4.2
HYDR Global X Hydrogen ETF 0.0 50 17 -4.9 -11.7
EBI Longview Advantage ETF 0.0 35 32 6.7 -0.2

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%.

Content on this tab for subscribers only**

RESULTS & ESTIMATES

  2020 2021 2022 2023 2024 2025E 2026E
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
  2024 2025E 2026E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 iShares Europe 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 14.7 %
Divided by: Fwd. P/BV 2.0 x
Less: Expense ratio 67 bp
Equals: ALTAR Score 6.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.62 CATEGORY
AVERAGE		 1.62
 
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.