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 364
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 %
ROCHE HOLDING LTD 1.9 %
NOVARTIS AG 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 19.9 %

TOP COUNTRY EXPOSURE
BRITAIN 22.2 %
GERMANY 15.6 %
FRANCE 15.3 %
SWITZERLAND 14.9 %
NETHERLANDS 8.0 %
SPAIN 5.0 %
SWEDEN 4.6 %
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 $63.50
30d moving avg. $62.97
Annualized volatility 18.1%
Short interest (ETF) 0.4%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 497
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 85.2 11 56 7.3 +0.5
VGK Vanguard FTSE Europe ETF 83.9 6 61 7.4 +0.5
DBEU Xtrackers MSCI Europe Hedged Equity ETF 83.8 46 21 7.0 +0.2
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 79.8 9 58 7.3 +0.5
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 64.5 25 42 7.3 +0.4
EFA iShares MSCI EAFE ETF 62.7 35 32 6.9 +0.0
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 62.7 20 47 6.5 -0.4
STXI Strive International Developed Markets ETF 60.7 29 38 7.0 +0.1
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 57.7 36 31 6.9 +0.1
HFXI IQ FTSE International Equity Currency Neutral ETF 56.0 20 47 7.2 +0.4
ESGD iShares ESG Aware MSCI EAFE ETF 55.8 20 47 6.9 +0.1
QEFA SPDR MSCI EAFE StrategicFactors ETF 55.1 30 37 7.0 +0.2
GSID Goldman Sachs MarketBeta International Equity ETF 54.2 20 47 7.0 +0.1
IEFA iShares Core MSCI EAFE ETF 54.0 7 60 7.2 +0.3
EZU iShares MSCI Eurozone ETF 52.2 52 15 6.7 -0.2
EFV iShares MSCI EAFE Value ETF 51.1 34 33 9.3 +2.5
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 51.1 45 22 7.2 +0.3
DOL WisdomTree International LargeCap Dividend Fund 50.9 48 19 7.4 +0.5
CEFA Global X S&P Catholic Values Developed ex-US ETF 50.7 35 32 6.7 -0.1
EFG iShares MSCI EAFE Growth ETF 50.2 36 31 4.3 -2.5
IQSI IQ Candriam International Equity ETF 50.2 15 52 6.6 -0.2
IQLT iShares MSCI Intl Quality Factor ETF 49.3 30 37 6.2 -0.6
JHMD John Hancock Multifactor Developed International ETF 49.0 39 28 7.6 +0.8
DIVI Franklin International Core Dividend Tilt Index ETF 48.8 9 58 8.1 +1.2
BKIE BNY Mellon International Equity ETF 48.6 4 63 7.1 +0.2
IDEV iShares Core MSCI International Developed Markets ETF 48.1 4 63 7.2 +0.3
JIRE JPMorgan International Research Enhanced Equity ETF 47.8 24 43 7.1 +0.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 46.5 45 22 8.9 +2.0
SCHF Schwab International Equity ETF 45.7 6 61 7.4 +0.5
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 45.6 12 55 6.1 -0.7
SPDW SPDR Portfolio Developed World ex-US ETF 45.3 3 64 7.2 +0.3
VEA Vanguard FTSE Developed Markets ETF 45.2 3 64 7.3 +0.4
DWM WisdomTree International Equity Fund 45.0 48 19 7.5 +0.6
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 44.6 14 53 6.3 -0.6
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 44.6 40 27 7.6 +0.7
DFAI Dimensional International Core Equity Market ETF 44.2 18 49 7.3 +0.4
DMXF iShares ESG Advanced MSCI EAFE ETF 43.1 12 55 5.5 -1.3
GSIE Goldman Sachs ActiveBeta International Equity ETF 42.5 25 42 7.1 +0.3
IMTM iShares MSCI Intl Momentum Factor ETF 41.6 30 37 5.4 -1.4
FENI Fidelity Enhanced International ETF 41.0 28 39 6.7 -0.2
VYMI Vanguard International High Dividend Yield ETF 40.5 17 50 9.8 +3.0
IVLU iShares MSCI Intl Value Factor ETF 40.3 30 37 10.7 +3.8
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 40.2 20 47 6.6 -0.2
CWI SPDR MSCI ACWI ex-US ETF 40.1 30 37 7.7 +0.9
ACWX iShares MSCI ACWI ex U.S. ETF 39.3 34 33 7.8 +1.0
CIL VictoryShares International Volatility Wtd ETF 39.0 45 22 6.6 -0.3
FNDF Schwab Fundamental International Large Co. Index ETF 38.7 25 42 9.6 +2.7
INTF iShares International Equity Factor ETF 38.5 15 52 7.8 +1.0
VEU Vanguard FTSE All-World ex-US Index Fund 36.5 4 63 8.2 +1.3
OEUR ALPS O'Shares Europe Quality Dividend ETF 36.2 48 19 5.9 -1.0
DFSI Dimensional International Sustainability Core 1 ETF 36.1 24 43 6.4 -0.4
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 36.0 41 26 7.8 +0.9
FEZ SPDR EURO STOXX 50 ETF 35.5 29 38 7.1 +0.3
IMFL Invesco International Developed Dynamic Multifactor ETF 35.2 34 33 6.0 -0.9
EUDG WisdomTree Europe Quality Dividend Growth Fund 34.3 58 9 6.7 -0.1
GXUS Goldman Sachs MarketBeta Total International Equity ETF 34.2 18 49 7.6 +0.7
IXUS iShares Core MSCI Total International Stock ETF 34.0 7 60 8.0 +1.1
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 33.5 39 28 6.7 -0.1
UMMA Wahed Dow Jones Islamic World ETF 33.4 65 2 5.1 -1.8
VXUS Vanguard Total International Stock ETF 33.3 5 62 8.0 +1.2
IDHQ Invesco S&P International Developed High Quality ETF 33.0 29 38 6.6 -0.3
DFIC Dimensional International Core Equity 2 ETF 32.4 23 44 7.6 +0.7
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 31.5 39 28 8.2 +1.3
FIVA Fidelity International Value Factor ETF 31.5 18 49 10.2 +3.3
NUDM Nuveen ESG International Developed Markets Equity ETF 30.8 31 36 6.3 -0.6
VSGX Vanguard ESG International Stock ETF 30.5 10 57 7.9 +1.0
DIHP Dimensional International High Profitability ETF 30.3 29 38 7.2 +0.3
IDMO Invesco S&P International Developed Momentum ETF 30.1 25 42 5.4 -1.4
RFEU First Trust Riverfront Dynamic Europe ETF 29.9 83 -16 10.4 +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 28.3 83 -16 9.7 +2.9
EFAV iShares MSCI EAFE Min Vol Factor ETF 28.2 22 45 5.7 -1.2
TPIF Timothy Plan International ETF 28.1 62 5 6.2 -0.7
CGIE Capital Group International Equity ETF 27.7 54 13 5.0 -1.9
DFIV Dimensional International Value ETF 27.5 27 40 10.0 +3.2
DXIV Dimensional International Vector Equity ETF 25.8 34 33 8.0 +1.1
DWMF WisdomTree International Multifactor Fund 25.7 38 29 7.0 +0.1
FDEV Fidelity International Multifactor ETF 25.7 18 49 7.4 +0.6
HEDJ WisdomTree Europe Hedged Equity Fund 25.5 58 9 6.8 -0.0
QINT American Century Quality Diversified International ETF 25.0 39 28 7.4 +0.5
DTH WisdomTree International High Dividend Fund 24.9 58 9 8.9 +2.0
PATN Pacer Nasdaq International Patent Leaders ETF 24.6 65 2 6.3 -0.6
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 24.1 32 35 5.9 -1.0
FEP First Trust Europe AlphaDEX Fund 24.0 80 -13 9.3 +2.5
JPIN J.P. Morgan Diversified Return International Equity ETF 23.9 37 30 8.5 +1.7
IGRO iShares International Dividend Growth ETF 22.8 15 52 7.2 +0.3
LVHI Franklin International Low Volatility High Dividend Index ET 22.8 40 27 10.9 +4.0
EUFN iShares MSCI Europe Financials ETF 22.7 51 16 8.4 +1.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 22.5 30 37 8.1 +1.2
EWU iShares MSCI United Kingdom ETF 22.2 50 17 8.6 +1.7
DTAN Sparkline International Intangible Value ETF 22.0 55 12 8.1 +1.3
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 21.9 24 43 7.5 +0.6
IXG iShares Global Financials ETF 21.6 42 25 6.8 -0.1
ESGG FlexShares STOXX Global ESG Select Index Fund 21.5 42 25 5.4 -1.4
IQDG WisdomTree International Quality Dividend Growth Fund 21.0 42 25 7.0 +0.2
FLGB Franklin FTSE United Kingdom ETF 20.9 9 58 8.0 +1.1
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 20.9 58 9 7.1 +0.2
AVIV Avantis International Large Cap Value ETF 20.7 25 42 8.9 +2.1
DGT SPDR Global Dow ETF 20.5 50 17 7.2 +0.4
EUDV ProShares MSCI Europe Dividend Growers ETF 20.2 55 12 5.8 -1.0
VIGI Vanguard International Dividend Appreciation ETF 20.1 10 57 6.1 -0.7
FEUZ First Trust Eurozone AlphaDEX ETF 19.9 80 -13 9.1 +2.3
FICS First Trust International Developed Capital Strength ETF 19.9 70 -3 6.2 -0.6
VWID Virtus WMC International Dividend ETF 19.6 49 18 8.8 +2.0
IQDF FlexShares International Quality Dividend Index Fund 19.6 47 20 9.3 +2.4
IDLV Invesco S&P International Developed Low Volatility ETF 19.6 25 42 6.5 -0.4
OSEA Harbor International Compounders ETF 19.6 55 12 4.6 -2.2
FIDI Fidelity International High Dividend ETF 19.4 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 7.9 +1.1
JIG JPMorgan International Growth ETF 18.4 55 12 4.7 -2.1
EXI iShares Global Industrials ETF 18.3 42 25 4.5 -2.3
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 18.2 9 58 9.2 +2.3
CGXU Capital Group International Focus Equity ETF 18.1 54 13 5.7 -1.1
RCGE RockCreek Global Equality ETF 18.1 95 -28 6.3 -0.6
QWLD SPDR MSCI World StrategicFactors ETF 18.0 30 37 6.1 -0.8
PPIE Putnam PanAgora ESG International Equity ETF 17.9 49 18 7.4 +0.5
GCOW Pacer Global Cash Cows Dividend ETF 17.9 60 7 10.9 +4.1
TTAI FCF International Quality ETF 17.2 59 8 7.0 +0.1
IQDY FlexShares International Quality Dividend Dynamic Index Fund 17.0 47 20 8.5 +1.7
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 16.9 80 -13 5.5 -1.4
TOK iShares MSCI Kokusai ETF 16.6 26 41 5.2 -1.7
JHID John Hancock International High Dividend ETF 16.6 46 21 9.9 +3.0
EFAD ProShares MSCI EAFE Dividend Growers ETF 16.5 50 17 5.8 -1.1
EWQ iShares MSCI France ETF 16.4 53 14 7.1 +0.3
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 15.7 24 43 5.2 -1.6
EWG iShares MSCI Germany ETF 15.5 50 17 6.0 -0.8
WWJD Inspire International ETF 15.3 80 -13 7.2 +0.4
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 15.2 80 -13 4.9 -2.0
DAX Global X DAX Germany ETF 15.2 21 46 6.4 -0.5
KLMT Invesco MSCI Global Climate 500 ETF 15.1 10 57 5.9 -1.0
IOO iShares Global 100 ETF 15.1 41 26 5.0 -1.9
FDT First Trust Developed Markets ex-US AlphaDEX Fund 15.1 80 -13 10.0 +3.1
FKU First Trust United Kingdom AlphaDEX Fund 15.0 80 -13 7.4 +0.5
CGGO Capital Group Global Growth Equity ETF 14.7 47 20 4.7 -2.2
LEGR First Trust Indxx Innovative Transaction & Process ETF 14.1 65 2 7.4 +0.5
EWL iShares MSCI Switzerland ETF 14.1 50 17 6.0 -0.8
ACWI iShares MSCI ACWI ETF 14.1 32 35 5.7 -1.2
FLGR Franklin FTSE Germany ETF 14.0 9 58 6.7 -0.1
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 13.9 65 2 3.6 -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 13.8 42 25 6.6 -0.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 13.4 9 58 5.9 -1.0
IXJ iShares Global Healthcare ETF 13.4 42 25 7.2 +0.3
BKCI BNY Mellon Concentrated International ETF 13.3 80 -13 5.0 -1.9
RODE Hartford Multifactor Diversified International ETF 13.3 29 38 12.7 +5.8
IPKW Invesco International BuyBack Achievers ETF 13.1 55 12 13.6 +6.8
CRBN iShares MSCI ACWI Low Carbon Target ETF 12.6 20 47 5.8 -1.1
FGM First Trust Germany AlphaDEX Fund 12.4 80 -13 6.2 -0.7
WRND IQ Global Equity R&D Leaders ETF 12.4 18 49 8.4 +1.5
VT Vanguard Total World Stock ETF 12.3 6 61 6.0 -0.9
DWX SPDR S&P International Dividend ETF 12.3 45 22 6.2 -0.7
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 12.2 25 42 6.0 -0.9
SCHY Schwab International Dividend Equity ETF 12.0 14 53 9.6 +2.7
BLES Inspire Global Hope ETF 11.8 61 6 6.8 -0.1
ICOW Pacer Developed Markets International Cash Cows 100 ETF 11.6 65 2 11.5 +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 11.1 45 22 8.3 +1.4
DSTX Distillate International Fundamental Stability & Value ETF 11.0 55 12 8.1 +1.3
FLSW Franklin FTSE Switzerland ETF 11.0 9 58 6.3 -0.6
IDOG ALPS International Sector Dividend Dogs ETF 11.0 50 17 12.2 +5.3
FEOE First Eagle Overseas Equity ETF 10.9 79 -12 8.2 +1.3
IDV iShares International Select Dividend ETF 10.7 51 16 11.1 +4.2
AIVI WisdomTree International AI Enhanced Value Fund 10.6 58 9 7.4 +0.5
JGLO JPMorgan Global Select Equity ETF 10.3 33 34 4.9 -1.9
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 11.4 +4.5
KXI iShares Global Consumer Staples ETF 9.6 41 26 5.5 -1.4
KOCG FIS Knights of Columbus Global Belief ETF 9.5 75 -8 5.1 -1.8
DIVS SmartETFs Dividend Builder ETF 9.1 65 2 4.9 -1.9
FSZ First Trust Switzerland AlphaDEX Fund 8.9 80 -13 5.2 -1.7
FEGE First Eagle Global Equity ETF 8.9 79 -12 7.0 +0.1
RXI iShares Global Consumer Discretionary ETF 8.5 41 26 9.1 +2.2
AGQI First Trust Active Global Quality Income ETF 8.5 85 -18 5.3 -1.6
CZAR Themes Natural Monopoly ETF 8.4 35 32 5.4 -1.4
FDD First Trust Stoxx European Select Dividend Index Fund 8.4 58 9 11.7 +4.9
FYLD Cambria Foreign Shareholder Yield ETF 8.3 59 8 11.9 +5.1
MOTI VanEck Morningstar International Moat ETF 8.1 58 9 11.0 +4.2
EFAS Global X MSCI SuperDividend EAFE ETF 7.8 57 10 8.4 +1.6
JSTC Adasina Social Justice All Cap Global ETF 7.8 89 -22 4.8 -2.1
DIM WisdomTree International MidCap Dividend Fund 7.7 58 9 7.6 +0.7
WLDR Affinity World Leaders Equity ETF 7.6 67 0 7.7 +0.9
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 7.5 60 7 3.6 -3.2
HART IQ Healthy Hearts ETF 7.3 45 22 6.6 -0.3
BINV Brandes International ETF 7.3 70 -3 9.6 +2.7
OCEN IQ Clean Oceans ETF 7.0 45 22 6.2 -0.6
RGEF Rockefeller Global Equity ETF 6.9 55 12 4.9 -1.9
EWN iShares MSCI Netherlands ETF 6.9 50 17 5.4 -1.4
RAYD Rayliant Quantitative Developed Market Equity ETF 6.7 80 -13 4.5 -2.4
XT iShares Exponential Technologies ETF 6.6 46 21 4.8 -2.1
CLNR IQ Cleaner Transport ETF 6.5 45 22 6.6 -0.3
COPY Tweedy, Browne Insider + Value ETF 6.5 80 -13 11.7 +4.9
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 6.3 58 9 4.7 -2.1
IMOM Alpha Architect International Quantitative Momentum ETF 6.3 49 18 3.2 -3.6
KNO AXS Knowledge Leaders ETF 6.3 78 -11 6.0 -0.9
FGD First Trust Dow Jones Global Select Dividend Index Fund 6.2 56 11 11.0 +4.2
WBAT WisdomTree Battery Value Chain and Innovation Fund 6.0 45 22 4.5 -2.3
FDTX Fidelity Disruptive Technology ETF 6.0 50 17 2.6 -4.2
TEMP JPMorgan Climate Change Solutions ETF 5.9 49 18 5.7 -1.1
GINN Goldman Sachs Innovate Equity ETF 5.7 52 15 3.7 -3.2
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 5.7 46 21 10.2 +3.4
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 5.6 47 20 5.8 -1.1
HRTS Tema GLP-1 Obesity & Cardiometabolic ETF 5.5 75 -8 1.2 -5.6
OAIM OneAscent International Equity ETF 5.5 95 -28 5.6 -1.2
PCGG Polen Capital Global Growth ETF 5.5 85 -18 3.7 -3.1
CRTC Xtrackers US National Critical Technologies ETF 5.4 35 32 4.9 -2.0
IDNA iShares Genomics Immunology and Healthcare ETF 5.4 47 20 -2.2 -9.1
IXN iShares Global Tech ETF 5.3 41 26 3.9 -3.0
GNR SPDR S&P Global Natural Resources ETF 5.3 40 27 11.3 +4.5
GLBL Pacer MSCI World Industry Advantage ETF 5.3 65 2 4.2 -2.6
SDG iShares MSCI Global Sustainable Development Goals ETF 5.3 49 18 6.2 -0.7
MXI iShares Global Materials ETF 5.1 41 26 7.8 +1.0
IVAL Alpha Architect International Quantitative Value ETF 5.0 49 18 10.6 +3.7
EWP iShares MSCI Spain ETF 5.0 50 17 7.3 +0.4
LUX Tema Luxury ETF 4.7 75 -8 4.3 -2.6
EWI iShares MSCI Italy ETF 4.7 50 17 10.1 +3.3
NATO Themes Transatlantic Defense ETF 4.6 35 32 2.4 -4.5
FPXE First Trust IPOX Europe Equity Opportunities ETF 4.5 70 -3 4.7 -2.1
IXC iShares Global Energy ETF 4.5 44 23 10.4 +3.6
JXI iShares Global Utilities ETF 4.4 43 24 5.9 -0.9
GSFP Goldman Sachs Future Planet Equity ETF 4.4 75 -8 4.6 -2.3
EWD iShares MSCI Sweden ETF 4.4 54 13 5.5 -1.3
FILL iShares MSCI Global Energy Producers ETF 4.4 39 28 12.0 +5.1
BLLD JPMorgan Sustainable Infrastructure ETF 4.3 49 18 6.1 -0.8
SAGP Strategas Global Policy Opportunities ETF 4.3 65 2 5.2 -1.6
SHPP Pacer Industrials and Logistics ETF 4.3 60 7 8.4 +1.6
FID First Trust S&P International Dividend Aristocrats ETF 4.2 60 7 8.1 +1.3
GVAL Cambria Global Value ETF 4.2 68 -1 11.0 +4.2
ACWV iShares MSCI Global Min Vol Factor ETF 4.2 20 47 5.9 -0.9
GDOC Goldman Sachs Future Health Care Equity ETF 4.1 75 -8 2.8 -4.1
WDIV SPDR S&P Global Dividend ETF 4.0 40 27 9.5 +2.6
CANC Tema Oncology ETF 3.7 75 -8 -2.7 -9.5
FINE Themes European Luxury ETF 3.7 35 32 3.3 -3.5
FNDC Schwab Fundamental International Small Co. Index ETF 3.7 39 28 5.9 -1.0
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 3.6 61 6 1.5 -5.4
CLOD Themes Cloud Computing ETF 3.5 35 32 3.0 -3.8
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 3.5 65 2 2.2 -4.7
IBAT iShares Energy Storage & Materials ETF 3.5 47 20 5.4 -1.5
EDEN iShares MSCI Denmark ETF 3.5 53 14 6.6 -0.2
IXP iShares Global Comm Services ETF 3.4 42 25 5.6 -1.2
FPAG FPA Global Equity ETF 3.3 49 18 5.8 -1.1
AGNG Global X Aging Population ETF 3.2 50 17 4.9 -2.0
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 3.2 79 -12 5.1 -1.7
DFIS Dimensional International Small Cap ETF 3.2 39 28 7.4 +0.5
LOUP Innovator Deepwater Frontier Tech ETF 3.1 70 -3 1.1 -5.7
FAN First Trust Global Wind Energy ETF 3.1 60 7 4.5 -2.4
MOTO SmartETFs Smart Transportation & Technology ETF 3.1 68 -1 7.2 +0.4
IQRA IQ CBRE Real Assets ETF 3.0 65 2 5.8 -1.1
VOLT Tema Electrification ETF 3.0 75 -8 2.8 -4.0
ROBO ROBO Global Robotics & Automation Index ETF 2.9 95 -28 3.5 -3.3
NXTG First Trust Indxx NextG ETF 2.9 70 -3 5.3 -1.6
KNCT Invesco Next Gen Connectivity ETF 2.9 40 27 4.9 -1.9
GII SPDR S&P Global Infrastructure ETF 2.9 40 27 4.7 -2.1
IGF iShares Global Infrastructure ETF 2.9 41 26 4.8 -2.1
AIQ Global X Artificial Intelligence & Technology ETF 2.9 68 -1 3.8 -3.1
CARZ First Trust NASDAQ Global Auto Index Fund 2.9 70 -3 5.2 -1.7
NETZ TCW Transform Systems ETF 2.8 75 -8 2.6 -4.3
RSHO Tema American Reshoring ETF 2.7 75 -8 4.8 -2.1
PRNT 3D Printing ETF 2.7 66 1 1.3 -5.6
DTEC ALPS Disruptive Technologies ETF 2.6 50 17 3.8 -3.1
TINY ProShares Nanotechnology ETF 2.6 58 9 4.1 -2.7
CCNR ALPS CoreCommodity Natural Resources ETF 2.5 39 28 11.4 +4.5
IVES Wedbush ETFMG Global Cloud Technology ETF 2.5 68 -1 15.6 +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 8.4 +1.5
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 2.3 75 -8 7.8 +0.9
SNSR Global X Internet of Things ETF 2.3 68 -1 4.4 -2.4
VCLN Virtus Duff & Phelps Clean Energy ETF 2.2 59 8 5.5 -1.3
HAP VanEck Natural Resources ETF 2.2 50 17 9.6 +2.7
OGIG ALPS O'Shares Global Internet Giants ETF 2.2 48 19 1.6 -5.3
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 2.2 46 21 5.6 -1.2
NBCC Neuberger Berman Next Generation Connected Consumer ETF 2.2 56 11 2.5 -4.3
WDNA WisdomTree BioRevolution Fund 2.2 45 22 -1.3 -8.1
FBOT Fidelity Disruptive Automation ETF 2.2 50 17 3.7 -3.2
IPAV Global X Infrastructure Development ex-U.S. ETF 2.1 55 12 7.5 +0.7
PAWZ ProShares Pet Care ETF 2.1 50 17 3.7 -3.2
AIVC Amplify Bloomberg AI Value Chain ETF 2.1 59 8 6.0 -0.9
SMOG VanEck Low Carbon Energy ETF 2.0 61 6 1.6 -5.3
ISHP First Trust Nasdaq Retail ETF 1.9 60 7 5.2 -1.6
OZEM Roundhill GLP-1 & Weight Loss ETF 1.9 59 8 -0.6 -7.4
THNR Amplify Weight Loss Drug & Treatment ETF 1.9 59 8 5.8 -1.1
SHLD Global X Defense Tech ETF 1.9 50 17 3.5 -3.4
BWEB Bitwise Web3 ETF 1.9 85 -18 0.0 -6.9
GSIB Themes Global Systemically Important Banks ETF 1.9 35 32 9.7 +2.8
GNOM Global X Genomics & Biotechnology ETF 1.8 50 17 -3.6 -10.5
FPXI First Trust International Equity Opportunities ETF 1.8 70 -3 3.5 -3.4
TOLL Tema Monopolies and Oligopolies ETF 1.6 75 -8 3.9 -3.0
ABLG Abacus FCF International Leaders ETF 1.6 59 8 6.3 -0.5
DISV Dimensional International Small Cap Value ETF 1.6 42 25 9.5 +2.7
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.6 49 18 6.9 +0.1
IVEG iShares Emergent Food and AgTech Multisector ETF 1.5 47 20 8.8 +1.9
ICLN iShares Global Clean Energy ETF 1.5 41 26 5.8 -1.0
TMFG Motley Fool Global Opportunities ETF 1.5 85 -18 3.9 -2.9
IBOT Vaneck Robotics ETF 1.5 47 20 4.1 -2.7
FDNI First Trust Dow Jones International Internet ETF 1.5 65 2 18.4 +11.5
EWK iShares MSCI Belgium ETF 1.4 50 17 4.5 -2.3
FDFF Fidelity Disruptive Finance ETF 1.4 50 17 4.0 -2.8
BMED Future Health ETF 1.4 85 -18 0.5 -6.4
INFL Horizon Kinetics Inflation Beneficiaries ETF 1.4 85 -18 4.0 -2.9
FRNW Fidelity Clean Energy ETF 1.3 39 28 4.0 -2.9
DINT Davis Select International ETF 1.2 55 12 8.0 +1.2
CGGR Capital Group Growth ETF 1.2 39 28 3.3 -3.6
EFNL iShares MSCI Finland ETF 1.2 56 11 7.1 +0.3
TEKX SPDR Galaxy Transformative Tech Accelerators ETF 1.2 65 2 -1.3 -8.1
BCDF Horizon Kinetics Blockchain Development ETF 1.2 85 -18 3.9 -2.9
ARKX ARK Space Exploration & Innovation ETF 1.2 75 -8 -0.2 -7.1
PICK iShares MSCI Global Metals & Mining Producers ETF 1.2 39 28 13.6 +6.7
UFO Procure Space ETF 1.2 75 -8 -1.8 -8.6
MDEV First Trust Indxx Medical Devices ETF 1.2 70 -3 4.3 -2.5
IDRV iShares Self-driving EV & Tech ETF 1.2 47 20 1.6 -5.2
DFNL Davis Select Financial ETF 1.2 63 4 7.5 +0.7
JETS U.S. Global Jets ETF 1.1 60 7 2.8 -4.1
IDAT iShares Future Cloud 5G and Tech ETF 1.1 47 20 4.7 -2.1
DWLD Davis Select Worldwide ETF 1.0 63 4 7.5 +0.6
ANEW ProShares MSCI Transformational Changes ETF 1.0 45 22 6.0 -0.8
TOKE Cambria Cannabis ETF 1.0 42 25 1.8 -5.1
PBD Invesco Global Clean Energy ETF 1.0 75 -8 0.6 -6.3
HTEC ROBO Global Healthcare Technology and Innovation ETF 1.0 68 -1 2.2 -4.6
IBUY Amplify Online Retail ETF 1.0 65 2 1.2 -5.6
CGUS Capital Group Core Equity ETF 0.9 33 34 4.4 -2.5
IEUS iShares MSCI Europe Small-Cap ETF 0.9 42 25 7.2 +0.4
SCZ iShares MSCI EAFE Small-Cap ETF 0.9 40 27 7.0 +0.1
IQM Franklin Intelligent Machines ETF 0.9 50 17 2.2 -4.7
DRIV Global X Autonomous & Electric Vehicles ETF 0.9 68 -1 5.4 -1.4
AADR AdvisorShares Dorsey Wright ADR ETF 0.9 110 -43 5.1 -1.7
FFND Future Fund Active ETF 0.9 100 -33 4.4 -2.5
GINX SGI Enhanced Global Income ETF 0.9 98 -31 6.9 +0.0
SUPL ProShares Supply Chain Logistics ETF 0.8 58 9 11.3 +4.4
BOTZ Global X Robotics & Artificial Intelligence ETF 0.8 69 -2 2.4 -4.5
WAR U.S. Global Tech and Aerospace & Defense ETF 0.8 60 7 3.4 -3.4
PSP Invesco Global Listed Private Equity ETF 0.8 106 -39 6.1 -0.8
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.8 33 34 10.1 +3.2
CGDV Capital Group Dividend Value ETF 0.8 33 34 4.6 -2.3
HELX Franklin Genomic Advancements ETF 0.8 50 17 -0.3 -7.1
ENOR iShares MSCI Norway ETF 0.8 53 14 10.0 +3.2
NORW Global X MSCI Norway ETF 0.8 50 17 10.0 +3.2
APIE ActivePassive International Equity ETF 0.7 45 22 7.4 +0.5
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 0.7 58 9 9.0 +2.1
BPAY BlackRock Future Financial and Technology ETF 0.7 70 -3 6.4 -0.5
EWUS iShares MSCI United Kingdom Small Cap ETF 0.7 59 8 7.4 +0.5
PIO Invesco Global Water ETF 0.7 75 -8 4.7 -2.2
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.7 10 57 8.1 +1.3
IFGL iShares International Developed Real Estate ETF 0.7 48 19 7.0 +0.2
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.7 12 55 7.9 +1.1
ERET iShares Environmentally Aware Real Estate ETF 0.7 30 37 7.4 +0.6
FFLC Fidelity Fundamental Large Cap Core ETF 0.7 38 29 4.6 -2.2
FMED Fidelity Disruptive Medicine ETF 0.7 50 17 -1.1 -8.0
BUYZ Franklin Disruptive Commerce ETF 0.7 50 17 2.3 -4.5
DMAT Global X Disruptive Materials ETF 0.7 59 8 9.4 +2.6
ETEC iShares Breakthrough Environmental Solutions ETF 0.7 47 20 3.5 -3.4
FINX Global X FinTech ETF 0.6 68 -1 2.2 -4.7
FTAG First Trust Indxx Global Agriculture ETF 0.6 70 -3 8.2 +1.3
EIRL iShares MSCI Ireland ETF 0.6 50 17 8.7 +1.9
GGME Invesco Next Gen Media and Gaming ETF 0.6 60 7 4.3 -2.6
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 4.3 -2.6
CGW Invesco S&P Global Water Index ETF 0.6 57 10 4.6 -2.3
EBLU Ecofin Global Water ESG Fund 0.6 40 27 4.2 -2.6
IWTR iShares MSCI Water Management Multisector ETF 0.5 47 20 5.6 -1.2
EV Mast Global Battery Recycling & Production ETF 0.5 65 2 10.6 +3.8
FDRR Fidelity Dividend ETF for Rising Rates 0.5 15 52 7.2 +0.4
TRFK Pacer Data and Digital Revolution ETF 0.5 60 7 3.2 -3.7
TINT ProShares Smart Materials ETF 0.5 58 9 7.3 +0.4
IGPT Invesco AI and Next Gen Software ETF 0.5 60 7 4.2 -2.7
GMET VanEck Green Metals ETF 0.5 63 4 9.3 +2.4
AZTD Aztlan Global Stock Selection DM SMID ETF 0.5 75 -8 7.7 +0.8
LST Leuthold Select Industries ETF 0.5 91 -24 5.5 -1.4
AVDV Avantis International Small Cap Value ETF 0.5 36 31 10.1 +3.3
ARKF ARK Fintech Innovation ETF 0.5 75 -8 -0.4 -7.3
TOGA Tremblant Global ETF 0.5 69 -2 1.5 -5.4
CGV Conductor Global Equity Value ETF 0.5 130 -63 8.7 +1.8
RWO SPDR Dow Jones Global Real Estate ETF 0.5 50 17 7.1 +0.2
RWX SPDR Dow Jones International Real Estate ETF 0.5 59 8 7.0 +0.1
COPX Global X Copper Miners ETF 0.5 65 2 7.9 +1.0
COPA Themes Copper Miners ETF 0.5 35 32 6.3 -0.5
PEX ProShares Global Listed Private Equity ETF 0.5 81 -14 10.6 +3.8
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.5 39 28 -0.9 -7.7
GTEK Goldman Sachs Future Tech Leaders Equity ETF 0.4 75 -8 3.1 -3.8
FDHT Fidelity Digital Health ETF 0.4 39 28 0.9 -6.0
AVDS Avantis International Small Cap Equity ETF 0.4 30 37 7.6 +0.7
BOTT Themes Robotics & Automation ETF 0.4 35 32 4.7 -2.1
RW Rainwater Equity ETF 0.4 125 -58 2.7 -4.2
ION ProShares S&P Global Core Battery Metals ETF 0.4 58 9 11.3 +4.4
ERTH Invesco MSCI Sustainable Future ETF 0.4 62 5 3.6 -3.3
ICOP iShares Copper and Metals Mining ETF 0.4 47 20 8.7 +1.8
MOO VanEck Agribusiness ETF 0.4 53 14 10.2 +3.3
RVRB Reverb ETF 0.4 30 37 4.7 -2.2
RUNN Running Oak Efficient Growth ETF 0.4 58 9 4.8 -2.1
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
CUT Invesco MSCI Global Timber ETF 0.4 61 6 10.0 +3.1
EWO iShares MSCI Austria ETF 0.3 50 17 11.2 +4.4
MNTL Tema Neuroscience and Mental Health ETF 0.3 75 -8 -0.9 -7.8
REET iShares Global REIT ETF 0.3 14 53 7.6 +0.8
DFGR Dimensional Global Real Estate ETF 0.3 22 45 7.5 +0.6
VGSR Vert Global Sustainable Real Estate ETF 0.3 47 20 7.3 +0.5
AWAY ETFMG Travel Tech ETF 0.3 76 -9 0.0 -6.8
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.3 68 -1 2.4 -4.4
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 +1.0
FTRI First Trust Indxx Global Natural Resources Income ETF 0.3 70 -3 8.1 +1.2
WOOD iShares Global Timber & Forestry ETF 0.3 42 25 11.9 +5.0
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
AVRE Avantis Real Estate ETF 0.3 17 50 7.1 +0.3
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 -3.7
CTEC Global X CleanTech ETF 0.2 50 17 2.6 -4.2
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.2 60 7 10.3 +3.4
CIBR First Trust NASDAQ Cybersecurity ETF 0.2 60 7 3.8 -3.1
WNDY Global X Wind Energy ETF 0.2 50 17 5.5 -1.3
FMET Fidelity Metaverse ETF 0.2 39 28 4.8 -2.0
IVRS iShares Future Metaverse Tech and Communications ETF 0.2 47 20 2.7 -4.2
SRVR Pacer Data & Infrastructure Real Estate ETF 0.2 55 12 3.7 -3.1
WTRE WisdomTree New Economy Real Estate Fund 0.2 58 9 8.8 +2.0
FDCF Fidelity Disruptive Communications ETF 0.2 50 17 3.0 -3.9
CRAK VanEck Oil Refiners ETF 0.2 61 6 14.1 +7.3
AQWA Global X Clean Water ETF 0.2 50 17 4.9 -2.0
SDIV Global X Superdividend ETF 0.2 58 9 40.4 +33.6
BETZ Roundhill Sports Betting & iGaming ETF 0.2 75 -8 2.0 -4.9
BJK VanEck Gaming ETF 0.2 65 2 4.1 -2.8
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
HEAL Global X HealthTech ETF 0.2 50 17 -0.7 -7.6
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 5.6 -1.2
SYNB Putnam BioRevolution ETF 0.1 70 -3 3.0 -3.8
VEGI iShares MSCI Agriculture Producers ETF 0.1 39 28 8.4 +1.6
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 46 3.8 -3.0
DTRE First Trust Alerian Disruptive Technology Real Estate ETF 0.1 60 7 5.9 -0.9
INDS Pacer Industrial Real Estate ETF 0.1 55 12 6.7 -0.2
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
BATT Amplify Lithium & Battery Technology ETF 0.1 59 8 3.8 -3.1
FDIG Fidelity Crypto Industry and Digital Payments ETF 0.1 39 28 -1.1 -7.9
URAN Themes Uranium & Nuclear ETF 0.1 35 32 1.8 -5.0
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 0.1 40 27 7.1 +0.3
SILJ ETFMG Prime Junior Silver Miners ETF 0.1 69 -2 3.0 -3.9
BOAT SonicShares Global Shipping ETF 0.1 69 -2 31.6 +24.7
SETM Sprott Energy Transition Materials ETF 0.1 65 2 3.6 -3.2
PTEC Global X PropTech ETF 0.1 50 17 1.8 -5.0
EMM Global X Emerging Markets ex-China ETF 0.1 75 -8 6.0 -0.9
EMC Global X Emerging Markets Great Consumer ETF 0.1 75 -8 8.8 +1.9
GLCR GlacierShares Nasdaq Iceland ETF 0.1 95 -28 4.5 -2.4
ECLN First Trust EIP Carbon Impact ETF 0.1 96 -29 4.1 -2.7
PRAY FIS Christian Stock Fund 0.1 69 -2 5.0 -1.8
NLR VanEck Uranium+Nuclear Energy ETF 0.1 61 6 2.1 -4.7
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.0 86 -19 13.3 +6.5
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 0.0 86 -19 0.8 -6.0
OND ProShares On-Demand ETF 0.0 58 9 0.7 -6.1
GQRE FlexShares Global Quality Real Estate Index Fund 0.0 45 22 7.8 +1.0
IPOS Renaissance International IPO ETF 0.0 80 -13 10.1 +3.2
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 11.2 +4.4
HYDR Global X Hydrogen ETF 0.0 50 17 -5.2 -12.0
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%.

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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

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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.