iShares International Developed Real Estate ETF
ALTAR
Score™		 7.6% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 12.8x P/Sales
ratio		 4.2x
P/BV
ratio		 0.8x Div.
yield		 5.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares FTSE EPRA/NAREIT Developed Real Estate ex-US Index Fund seeks investment results that correspond to the performance of the FTSE EPRA/NAREIT Global Real Estate ex-US Index.

FUND BASICS
Category International Equities
Fund Sponsor Barclays Global Fund Advisors
Website www.ishares.com
Inception date Nov 12, 2007
Assets (mns) $79
Currency USD
Expense ratio 48 bp
Distributions Quarterly

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 259
Wgt avg mkt cap (mns) $10,783
Large cap (>$10bn) 30.0%
Mid cap ($2-10bn) 49.9%
Small cap (<$2bn) 20.0%
Developed mkts 99.9%
Emerging mkts 0.1%

TOP TEN HOLDINGS
GOODMAN GROUP 5.7 %
MITSUBISHI ESTATE CO LTD 3.6 %
MITSUI FUDOSAN CO LTD 3.5 %
SUN HUNG KAI PROPERTIES 2.8 %
SEGRO PLC 2.5 %
DEUTSCHE ANNINGTON IMMOBILIE 2.3 %
UNIBAIL-RODAMCO-WESTFIELD STAPLED 2.0 %
SCENTRE GROUP 1.9 %
SUMITOMO REALTY & DEVELOPMNT 1.9 %
LINK REIT 1.8 %
Total 28.0 %

TOP COUNTRY EXPOSURE
JAPAN 22.6 %
AUSTRALIA 15.7 %
BRITAIN 9.1 %
SINGAPORE 8.4 %
HONG KONG 8.0 %
CANADA 5.0 %
SWITZERLAND 3.9 %
GERMANY 3.6 %
SWEDEN 3.5 %
FRANCE 2.9 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-1.6% 0.4% -2.7% 1.2% 0.8%

Market Correlations
versus... Beta R-squared
S&P500 0.62 32%
MSCI EAFE 0.74 67%
MSCI Emg. Mkts. 0.33 34%

Technical Indicators
Recent close $21.85
30d moving avg. $22.80
Annualized volatility 17.9%
Short interest (ETF) 0.4%
Relative strength (RSI) 51

Liquidity measures
Avg. volume (thou.) 8
Turnover 0.2%
Bid/Ask (% of price) 1.41%
ADV underlying (mns) $1,099

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 239 potential alternatives to the iShares International Developed Real Estate ETF ETF based on the alternatives' overlap in portfolio holdings with IFGL. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IFGL Expense: 48 bp ALTAR Score™: 7.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IFGL
Ticker Fund
Name		 Overlap1
vs IFGL
(%)		 Expense
ratio
(bp)		 Savings
vs IFGL
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs IFGL
(%)
VNQI Vanguard Global ex-U.S. Real Estate ETF 62.6 12 36 8.8 +1.2
RWX SPDR Dow Jones International Real Estate ETF 55.8 59 -11 7.3 -0.3
ERET iShares Environmentally Aware Real Estate ETF 33.8 30 18 7.1 -0.6
VGSR Vert Global Sustainable Real Estate ETF 28.6 47 1 7.3 -0.4
RWO SPDR Dow Jones Global Real Estate ETF 23.4 50 -2 6.4 -1.2
AVRE Avantis Real Estate ETF 22.5 17 31 7.1 -0.6
REET iShares Global REIT ETF 22.2 14 34 7.1 -0.5
DFGR Dimensional Global Real Estate ETF 21.1 22 26 7.2 -0.4
GQRE FlexShares Global Quality Real Estate Index Fund 20.2 45 3 7.6 -0.1
ERTH Invesco MSCI Sustainable Future ETF 16.1 62 -14 3.4 -4.2
WTRE WisdomTree New Economy Real Estate Fund 15.4 58 -10 -0.3 -7.9
IDLV Invesco S&P International Developed Low Volatility ETF 12.4 25 23 6.3 -1.4
DWX SPDR S&P International Dividend ETF 11.0 45 3 6.7 -1.0
DTRE First Trust Alerian Disruptive Technology Real Estate ETF 9.5 60 -12 5.7 -2.0
INDS Pacer Industrial Real Estate ETF 9.1 55 -7 6.4 -1.2
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 8.4 80 -32 5.4 -2.2
SCZ iShares MSCI EAFE Small-Cap ETF 7.7 40 8 6.1 -1.6
IEUS iShares MSCI Europe Small-Cap ETF 7.1 42 6 6.8 -0.9
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 7.1 19 29 5.2 -2.4
JPIN J.P. Morgan Diversified Return International Equity ETF 6.9 37 11 6.9 -0.7
EWH iShares MSCI Hong Kong ETF 6.9 50 -2 5.3 -2.3
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 6.6 49 -1 5.9 -1.7
SPRE SP Funds S&P Global REIT Sharia ETF 6.6 55 -7 5.7 -2.0
FLAU Franklin FTSE Australia ETF 6.3 9 39 5.8 -1.8
SCJ iShares MSCI Japan Small-Cap ETF 5.9 50 -2 5.4 -2.2
EFAS Global X MSCI SuperDividend EAFE ETF 5.9 57 -9 7.0 -0.6
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 5.7 12 36 5.3 -2.3
EPP iShares MSCI Pacific ex-Japan ETF 5.7 47 1 4.9 -2.8
EWUS iShares MSCI United Kingdom Small Cap ETF 5.5 59 -11 7.2 -0.4
FID First Trust S&P International Dividend Aristocrats ETF 5.5 60 -12 7.5 -0.1
SCHC Schwab International Small-Cap Equity ETF 5.3 11 37 6.5 -1.1
DIM WisdomTree International MidCap Dividend Fund 5.1 58 -10 6.2 -1.4
WDIV SPDR S&P Global Dividend ETF 5.1 40 8 8.8 +1.2
FNDC Schwab Fundamental International Small Co. Index ETF 5.1 39 9 6.6 -1.0
RCGE RockCreek Global Equality ETF 5.0 95 -47 6.0 -1.7
ISCF iShares International SmallCap Equity Factor ETF 5.0 23 25 7.2 -0.4
FEP First Trust Europe AlphaDEX Fund 4.9 80 -32 6.8 -0.9
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 4.2 80 -32 7.2 -0.5
FEUZ First Trust Eurozone AlphaDEX ETF 4.1 80 -32 6.5 -1.1
GVAL Cambria Global Value ETF 4.1 68 -20 8.0 +0.4
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 4.1 24 24 6.8 -0.8
SDG iShares MSCI Global Sustainable Development Goals ETF 4.1 49 -1 4.6 -3.0
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 4.1 8 40 6.3 -1.3
EWA iShares MSCI Australia ETF 4.0 50 -2 5.3 -2.4
GWX SPDR S&P International Small Cap ETF 3.9 40 8 5.8 -1.9
FDT First Trust Developed Markets ex-US AlphaDEX Fund 3.9 80 -32 6.7 -1.0
IPAC iShares Core MSCI Pacific ETF 3.8 9 39 5.3 -2.3
REAI Intelligent Real Estate ETF 3.8 59 -11 5.8 -1.9
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 3.6 32 16 5.3 -2.4
DTH WisdomTree International High Dividend Fund 3.6 58 -10 7.0 -0.6
RITA ETFB Green SRI REITs ETF 3.5 50 -2 5.6 -2.0
EWS iShares MSCI Singapore ETF 3.4 50 -2 3.6 -4.0
FKU First Trust United Kingdom AlphaDEX Fund 3.4 80 -32 7.1 -0.5
BYRE Principal Real Estate Active Opportunities ETF 3.3 65 -17 7.3 -0.4
EFAD ProShares MSCI EAFE Dividend Growers ETF 3.3 50 -2 5.7 -2.0
FIDI Fidelity International High Dividend ETF 3.2 18 30 7.0 -0.7
VPL Vanguard FTSE Pacific ETF 3.1 7 41 5.0 -2.6
JHID John Hancock International High Dividend ETF 3.1 46 2 7.7 +0.1
WSML iShares MSCI World Small-Cap ETF 2.8 15 33 5.4 -2.3
ADIV SmartETFs Asia Pacific Dividend Builder ETF 2.8 78 -30 9.3 +1.7
RODM Hartford Multifactor Developed Markets (ex-US) ETF 2.6 29 19 6.9 -0.7
DMXF iShares ESG Advanced MSCI EAFE ETF 2.6 12 36 4.8 -2.8
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 2.5 12 36 4.5 -3.2
DLS WisdomTree International SmallCap Dividend Fund 2.5 58 -10 7.3 -0.3
AIVI WisdomTree International AI Enhanced Value Fund 2.4 58 -10 6.0 -1.6
EUDV ProShares MSCI Europe Dividend Growers ETF 2.3 55 -7 5.9 -1.7
ASEA Global X FTSE Southeast Asia ETF 2.3 65 -17 5.1 -2.6
FGM First Trust Germany AlphaDEX Fund 2.3 80 -32 5.1 -2.6
FLJP Franklin FTSE Japan ETF 2.3 9 39 5.1 -2.5
BLDG Cambria Global Real Estate ETF 2.3 60 -12 11.1 +3.5
EWK iShares MSCI Belgium ETF 2.3 50 -2 3.9 -3.8
FLJH Franklin FTSE Japan Hedged ETF 2.3 9 39 5.0 -2.6
SRET Global X SuperDividend REIT ETF 2.2 59 -11 13.2 +5.6
IEFA iShares Core MSCI EAFE ETF 2.2 7 41 6.0 -1.7
IQDF FlexShares International Quality Dividend Index Fund 2.2 47 1 7.3 -0.4
INTF iShares International Equity Factor ETF 2.2 15 33 6.4 -1.3
EWJV iShares MSCI Japan Value ETF 2.1 15 33 6.4 -1.2
IQSI IQ Candriam International Equity ETF 2.1 15 33 5.6 -2.1
EFV iShares MSCI EAFE Value ETF 2.1 34 14 7.3 -0.4
WWJD Inspire International ETF 2.1 80 -32 6.1 -1.5
IDEV iShares Core MSCI International Developed Markets ETF 2.0 4 44 5.9 -1.7
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 2.0 80 -32 8.8 +1.2
DVYA iShares Asia/Pacific Dividend ETF 2.0 49 -1 6.7 -0.9
VEA Vanguard FTSE Developed Markets ETF 1.9 3 45 5.8 -1.8
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 1.9 39 9 6.1 -1.5
DWM WisdomTree International Equity Fund 1.8 48 0 5.6 -2.1
SPDW SPDR Portfolio Developed World ex-US ETF 1.8 3 45 5.8 -1.9
EFAV iShares MSCI EAFE Min Vol Factor ETF 1.8 22 26 5.6 -2.1
UIVM VictoryShares International Value Momentum ETF 1.8 35 13 7.8 +0.1
HFXI IQ FTSE International Equity Currency Neutral ETF 1.8 20 28 5.6 -2.0
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 1.8 39 9 6.8 -0.8
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 1.7 40 8 5.7 -2.0
VSGX Vanguard ESG International Stock ETF 1.7 10 38 6.5 -1.2
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.7 56 -8 9.2 +1.6
DISV Dimensional International Small Cap Value ETF 1.7 42 6 7.7 +0.1
BBJP JPMorgan BetaBuilders Japan ETF 1.7 19 29 5.1 -2.6
ESGD iShares ESG Aware MSCI EAFE ETF 1.7 20 28 5.7 -2.0
LVHI Franklin International Low Volatility High Dividend Index ET 1.7 40 8 7.4 -0.2
SRVR Pacer Data & Infrastructure Real Estate ETF 1.6 55 -7 4.4 -3.3
DTCR Global X Data Center & Digital Infrastructure ETF 1.6 50 -2 3.6 -4.1
GSID Goldman Sachs MarketBeta International Equity ETF 1.6 20 28 5.7 -1.9
JPXN iShares JPX-Nikkei 400 ETF 1.6 48 0 5.2 -2.5
TPIF Timothy Plan International ETF 1.6 62 -14 5.5 -2.1
DFIS Dimensional International Small Cap ETF 1.5 39 9 6.0 -1.6
EIS iShares MSCI Israel ETF 1.5 58 -10 6.8 -0.8
ISRA VanEck Israel ETF 1.5 59 -11 6.0 -1.6
SCHF Schwab International Equity ETF 1.5 6 42 5.8 -1.8
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 1.5 58 -10 9.2 +1.6
BKIE BNY Mellon International Equity ETF 1.5 4 44 17.7 +10.1
JIVE JPMorgan International Value ETF 1.5 55 -7 7.8 +0.2
IDV iShares International Select Dividend ETF 1.4 51 -3 8.9 +1.3
VXUS Vanguard Total International Stock ETF 1.4 5 43 6.5 -1.1
IXUS iShares Core MSCI Total International Stock ETF 1.4 7 41 6.5 -1.1
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 1.4 20 28 5.5 -2.1
IDMO Invesco S&P International Developed Momentum ETF 1.4 25 23 5.0 -2.6
HEWJ iShares Currency Hedged MSCI Japan ETF 1.4 50 -2 5.3 -2.3
RAYJ Rayliant SMDAM Japan Equity ETF 1.4 72 -24 3.2 -4.5
DBJP Xtrackers MSCI Japan Hedged Equity ETF 1.4 47 1 4.6 -3.1
AVSD Avantis Responsible International Equity ETF 1.3 23 25 5.9 -1.7
EWQ iShares MSCI France ETF 1.3 53 -5 6.8 -0.9
EWJ iShares MSCI Japan ETF 1.3 50 -2 4.6 -3.0
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 1.3 14 34 5.2 -2.4
HEFA iShares Currency Hedged MSCI EAFE ETF 1.3 35 13 5.7 -1.9
EFA iShares MSCI EAFE ETF 1.3 35 13 5.7 -2.0
IEUR iShares Core MSCI Europe ETF 1.3 11 37 6.4 -1.2
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 1.3 36 12 5.2 -2.4
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 1.3 45 3 6.5 -1.1
VGK Vanguard FTSE Europe ETF 1.3 6 42 6.6 -1.1
IMFL Invesco International Developed Dynamic Multifactor ETF 1.3 34 14 5.2 -2.5
RFDI First Trust Riverfront Dynamic Developed International ETF 1.2 83 -35 7.4 -0.3
AVDS Avantis International Small Cap Equity ETF 1.2 30 18 5.9 -1.7
FLGR Franklin FTSE Germany ETF 1.2 9 39 6.7 -0.9
FSZ First Trust Switzerland AlphaDEX Fund 1.2 80 -32 5.4 -2.3
SPEU SPDR Portfolio Europe ETF 1.2 7 41 6.5 -1.1
VEU Vanguard FTSE All-World ex-US Index Fund 1.2 4 44 6.6 -1.0
FLSW Franklin FTSE Switzerland ETF 1.2 9 39 6.0 -1.6
SPAM Themes Cybersecurity ETF 1.2 35 13 1.9 -5.7
BKCI BNY Mellon Concentrated International ETF 1.1 80 -32 5.0 -2.6
BLES Inspire Global Hope ETF 1.1 61 -13 5.7 -2.0
FENI Fidelity Enhanced International ETF 1.1 28 20 5.7 -1.9
DFIV Dimensional International Value ETF 1.1 27 21 7.5 -0.2
QEFA SPDR MSCI EAFE StrategicFactors ETF 1.0 30 18 6.0 -1.7
AVDE Avantis International Equity ETF 1.0 23 25 6.1 -1.5
DFE WisdomTree Europe SmallCap Dividend Fund 1.0 58 -10 7.6 -0.1
JHMD John Hancock Multifactor Developed International ETF 1.0 39 9 6.1 -1.5
FIVA Fidelity International Value Factor ETF 1.0 18 30 7.1 -0.5
IVLU iShares MSCI Intl Value Factor ETF 1.0 30 18 7.8 +0.2
FRGN Horizon International Equity ETF 0.9 75 -27 7.7 +0.1
DFSI Dimensional International Sustainability Core 1 ETF 0.9 24 24 5.6 -2.1
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.9 35 13 5.5 -2.1
INEQ Columbia International Equity Income ETF 0.9 45 3 7.6 -0.1
IQLT iShares MSCI Intl Quality Factor ETF 0.9 30 18 5.4 -2.2
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.9 18 30 6.2 -1.4
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.9 25 23 6.0 -1.6
NUDM Nuveen ESG International Developed Markets Equity ETF 0.9 31 17 5.4 -2.2
EWL iShares MSCI Switzerland ETF 0.9 50 -2 5.8 -1.8
DFIC Dimensional International Core Equity 2 ETF 0.9 23 25 6.1 -1.5
DWMF WisdomTree International Multifactor Fund 0.9 38 10 6.9 -0.8
JIRE JPMorgan International Research Enhanced Equity ETF 0.9 24 24 5.7 -1.9
FLAX Franklin FTSE Asia Ex Japan ETF 0.9 19 29 7.1 -0.6
DOL WisdomTree International LargeCap Dividend Fund 0.8 48 0 5.5 -2.1
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.8 45 3 5.5 -2.1
VIGI Vanguard International Dividend Appreciation ETF 0.8 10 38 6.0 -1.7
EWG iShares MSCI Germany ETF 0.8 50 -2 6.0 -1.6
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 0.8 25 23 5.2 -2.5
DAX Global X DAX Germany ETF 0.8 21 27 6.2 -1.4
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.8 20 28 5.6 -2.0
FLGB Franklin FTSE United Kingdom ETF 0.8 9 39 6.7 -0.9
KLMT Invesco MSCI Global Climate 500 ETF 0.8 10 38 4.9 -2.7
ACWX iShares MSCI ACWI ex U.S. ETF 0.8 34 14 6.3 -1.4
DFAI Dimensional International Core Equity Market ETF 0.8 18 30 5.9 -1.7
FEOE First Eagle Overseas Equity ETF 0.8 79 -31 6.1 -1.5
KOCG FIS Knights of Columbus Global Belief ETF 0.8 75 -27 4.6 -3.0
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.8 41 7 6.0 -1.7
FLEE Franklin FTSE Europe ETF 0.8 9 39 6.3 -1.3
AGNG Global X Aging Population ETF 0.8 50 -2 4.3 -3.4
CGV Conductor Global Equity Value ETF 0.7 130 -82 7.6 0.0
CWI SPDR MSCI ACWI ex-US ETF 0.7 30 18 6.4 -1.3
EWU iShares MSCI United Kingdom ETF 0.7 50 -2 7.2 -0.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.7 20 28 4.7 -2.9
DEW WisdomTree Global High Dividend Fund 0.7 58 -10 7.0 -0.6
GLOF iShares Global Equity Factor ETF 0.7 20 28 5.5 -2.1
ENZL iShares MSCI New Zealand ETF 0.7 50 -2 3.7 -3.9
DXIV Dimensional International Vector Equity ETF 0.7 34 14 6.4 -1.2
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.6 70 -22 6.8 -0.8
DIVI Franklin International Core Dividend Tilt Index ETF 0.6 9 39 6.5 -1.2
AVIV Avantis International Large Cap Value ETF 0.6 25 23 6.7 -0.9
HEZU iShares Currency Hedged MSCI Eurozone ETF 0.6 53 -5 5.5 -2.2
EZU iShares MSCI Eurozone ETF 0.6 52 -4 5.6 -2.0
IEV iShares Europe ETF 0.6 67 -19 5.9 -1.7
MJSC MUFG Japan Small Cap Active ETF 0.6 85 -37 4.6 -3.0
STXI Strive International Developed Markets ETF 0.6 29 19 6.4 -1.3
VT Vanguard Total World Stock ETF 0.5 6 42 5.0 -2.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.5 30 18 6.3 -1.3
EFG iShares MSCI EAFE Growth ETF 0.5 36 12 3.8 -3.8
AIA iShares Asia 50 ETF 0.5 50 -2 7.5 -0.1
IMTM iShares MSCI Intl Momentum Factor ETF 0.5 30 18 4.6 -3.0
AVDV Avantis International Small Cap Value ETF 0.5 36 12 7.5 -0.2
OAIM OneAscent International Equity ETF 0.5 95 -47 4.4 -3.3
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.5 46 2 5.4 -2.2
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.5 25 23 6.3 -1.3
FDD First Trust Stoxx European Select Dividend Index Fund 0.4 58 -10 9.3 +1.7
ESGG FlexShares STOXX Global ESG Select Index Fund 0.4 42 6 4.0 -3.7
FNDF Schwab Fundamental International Large Co. Index ETF 0.4 25 23 7.1 -0.5
IPKW Invesco International BuyBack Achievers ETF 0.4 55 -7 7.8 +0.2
VYMI Vanguard International High Dividend Yield ETF 0.4 17 31 7.7 +0.0
UMMA Wahed Dow Jones Islamic World ETF 0.4 65 -17 3.6 -4.0
IGRO iShares International Dividend Growth ETF 0.3 15 33 6.6 -1.0
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.3 47 1 5.0 -2.6
BBEU JPMorgan BetaBuilders Europe ETF 0.3 9 39 6.2 -1.4
VIDI Vident International Equity Strategy ETF 0.3 61 -13 7.9 +0.3
URTH iShares MSCI World ETF 0.3 24 24 4.3 -3.3
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.3 47 1 7.0 -0.6
SDIV Global X Superdividend ETF 0.3 58 -10 13.7 +6.1
ACWI iShares MSCI ACWI ETF 0.3 32 16 4.6 -3.0
KOKU Xtrackers MSCI Kokusai Equity ETF 0.3 9 39 4.4 -3.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.3 9 39 4.8 -2.8
TOK iShares MSCI Kokusai ETF 0.3 26 22 4.3 -3.3
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 0.2 9 39 7.6 -0.1
EFNL iShares MSCI Finland ETF 0.2 56 -8 5.5 -2.2
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.2 25 23 5.5 -2.2
WLDR Affinity World Leaders Equity ETF 0.2 67 -19 5.5 -2.1
QWLD SPDR MSCI World StrategicFactors ETF 0.2 30 18 5.1 -2.5
IGPT Invesco AI and Next Gen Software ETF 0.2 60 -12 2.4 -5.2
GLBL Pacer MSCI World Industry Advantage ETF 0.1 65 -17 3.5 -4.2
JSTC Adasina Social Justice All Cap Global ETF 0.1 89 -41 4.4 -3.3
ANEW ProShares MSCI Transformational Changes ETF 0.1 45 3 4.3 -3.3
QINT American Century Quality Diversified International ETF 0.1 39 9 6.5 -1.1
EWN iShares MSCI Netherlands ETF 0.1 50 -2 4.5 -3.1
EWO iShares MSCI Austria ETF 0.1 50 -2 6.9 -0.7
EIRL iShares MSCI Ireland ETF 0.1 50 -2 6.6 -1.0
IVSI Applied Finance IVS International Large ETF 0.1 65 -17 5.8 -1.8
DFJ WisdomTree Japan SmallCap Dividend Fund 0.1 58 -10 6.2 -1.5
NORW Global X MSCI Norway ETF 0.1 50 -2 7.6 -0.0
ENOR iShares MSCI Norway ETF 0.1 53 -5 7.4 -0.2
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.0 70 -22 6.4 -1.2
IXN iShares Global Tech ETF 0.0 41 7 2.7 -5.0
IEMG iShares Core MSCI Emerging Markets ETF 0.0 9 39 8.1 +0.5
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.0 59 -11 8.4 +0.7

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  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 International Developed Real Estate ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 6.2 %
Divided by: Fwd. P/BV 0.8 x
Less: Expense ratio 48 bp
Equals: ALTAR Score 7.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.62 CATEGORY
AVERAGE		 1.64
 
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.