iShares Latin America 40 ETF
ALTAR
Score™		 8.6% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 12.5x P/Sales
ratio		 1.6x
P/BV
ratio		 1.8x Div.
yield		 2.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares S&P Latin America 40 Index fund seeks investment results that correspond to the price and yield performance of Standard & Poor's Latin America 40 Index. The index consists primarily of large cap stocks traded in the Mexican and South American equity markets.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Barclays Global Investors
Website www.ishares.com
Inception date Oct 25, 2001
Assets (mns) $4,794
Currency USD
Expense ratio 48 bp
Distributions Semi-annual

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 41
Wgt avg mkt cap (mns) $34,560
Large cap (>$10bn) 80.5%
Mid cap ($2-10bn) 8.0%
Small cap (<$2bn) 1.9%
Developed mkts 11.7%
Emerging mkts 88.3%

TOP TEN HOLDINGS
VALE SA-SP ADR 8.8 %
NU HOLDINGS LTD. CLASS A 8.3 %
ITAU UNIBANCO HLDNG-PREF ADR 7.2 %
PETROLEO BRASILEIRO-SPON ADR 6.3 %
PETROLEO BRASILEIRO S.A.-ADR 5.8 %
GRUPO MEXICO S.A.B. DE C.V. CLASS 5.4 %
GRUPO FINANCIERO BANORTE-O 4.0 %
AMERICA MOVIL B 3.6 %
CREDICORP LTD 3.4 %
BANCO BRADESCO-ADR 3.1 %
Total 55.9 %

TOP COUNTRY EXPOSURE
BRAZIL 51.1 %
MEXICO 21.7 %
CAYMAN ISLANDS 8.3 %
CHILE 6.5 %
PERU 3.4 %
UNITED STATES 2.3 %
COLOMBIA 1.0 %




HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
16.7% 58.1% 13.0% 8.6% 9.6%

Market Correlations
versus... Beta R-squared
S&P500 0.76 38%
MSCI EAFE 1.00 56%
MSCI Emg. Mkts. 0.91 61%

Technical Indicators
Recent close $37.75
30d moving avg. $34.82
Annualized volatility 20.8%
Short interest (ETF) 1.3%
Relative strength (RSI) 61

Liquidity measures
Avg. volume (thou.) 3,377
Turnover 2.7%
Bid/Ask (% of price) 0.03%
ADV underlying (mns) $1,162

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 319 potential alternatives to the iShares Latin America 40 ETF ETF based on the alternatives' overlap in portfolio holdings with ILF. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: ILF Expense: 48 bp ALTAR Score™: 8.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH ILF
Ticker Fund
Name		 Overlap1
vs ILF
(%)		 Expense
ratio
(bp)		 Savings
vs ILF
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs ILF
(%)
FLLA Franklin FTSE Latin America ETF 31.0 19 29 9.4 +0.8
OTGL OTG Latin America ETF 28.5 269 -221 6.9 -1.6
EWZ iShares MSCI Brazil ETF 24.1 58 -10 8.9 +0.4
FLN First Trust Latin America AlphaDEX Fund 20.8 80 -32 8.9 +0.4
FLMX Franklin FTSE Mexico ETF 20.2 19 29 8.2 -0.4
EWW iShares MSCI Mexico ETF 20.2 50 -2 7.8 -0.8
EMDM First Trust Bloomberg Emerging Market Democracies ETF 15.6 75 -27 6.4 -2.2
FLBR Franklin FTSE Brazil ETF 13.4 19 29 10.0 +1.4
FTHF First Trust Emerging Markets Human Flourishing ETF 12.6 75 -27 6.1 -2.5
ICOP iShares Copper and Metals Mining ETF 10.7 47 1 5.3 -3.3
JIVE JPMorgan International Value ETF 9.4 55 -7 8.3 -0.3
FRDM Freedom 100 Emerging Markets ETF 9.1 49 -1 5.7 -2.9
GMET VanEck Green Metals ETF 8.7 63 -15 0.3 -8.2
XC WisdomTree Emerging Markets Ex-China Fund 8.7 32 16 6.0 -2.6
SLX VanEck Steel ETF 8.2 56 -8 10.8 +2.2
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 8.1 86 -38 0.2 -8.4
JADE JPMorgan Active Developing Markets Equity ETF 8.0 65 -17 6.2 -2.4
EDOG ALPS Emerging Sector Dividend Dogs ETF 7.9 60 -12 9.7 +1.2
BINV Brandes International ETF 7.2 70 -22 8.3 -0.2
EPU iShares MSCI Peru and Global Exposure ETF 7.0 59 -11 4.4 -4.1
EV Mast Global Battery Recycling & Production ETF 6.9 65 -17 6.3 -2.3
EELV Invesco S&P Emerging Markets Low Volatility ETF 6.0 29 19 8.4 -0.2
MEM Matthews Emerging Markets Equity Active ETF 6.0 79 -31 8.7 +0.2
NDIV Amplify Natural Resources Dividend Income ETF 5.8 59 -11 11.0 +2.4
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 5.8 86 -38 11.6 +3.0
EMC Global X Emerging Markets Great Consumer ETF 5.6 75 -27 7.4 -1.2
STXE Strive Emerging Markets Ex-China ETF 5.5 32 16 5.6 -3.0
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 5.5 32 16 5.0 -3.6
SPEM SPDR Portfolio Emerging Markets ETF 5.4 7 41 9.4 +0.8
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 5.4 44 4 9.0 +0.5
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 5.2 24 24 5.6 -3.0
FEOE First Eagle Overseas Equity ETF 5.1 79 -31 6.1 -2.5
TIIV AAM Todd International Intrinsic Value ETF 5.0 54 -6 9.5 +0.9
DVYE iShares Emerging Markets Dividend ETF 4.9 49 -1 16.7 +8.1
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 4.9 33 15 6.9 -1.7
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 4.8 30 18 7.8 -0.8
XCNY SPDR S&P Emerging Markets ex-China ETF 4.8 15 33 5.7 -2.8
LOUP Innovator Deepwater Frontier Tech ETF 4.8 70 -22 1.0 -7.6
MXI iShares Global Materials ETF 4.8 41 7 5.7 -2.9
AVXC Avantis Emerging Markets Ex-China Equity ETF 4.6 33 15 6.4 -2.2
CGXU Capital Group International Focus Equity ETF 4.6 54 -6 3.9 -4.6
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 4.6 39 9 13.5 +4.9
DEM WisdomTree Emerging Markets High Dividend Fund 4.5 63 -15 10.6 +2.0
EMXF iShares ESG Advanced MSCI EM ETF 4.5 16 32 7.0 -1.6
EMXC iShares MSCI Emerging Markets ex China ETF 4.4 25 23 5.4 -3.2
BATT Amplify Lithium & Battery Technology ETF 4.3 59 -11 1.7 -6.8
AOTG AOT Growth and Innovation ETF 4.3 75 -27 1.4 -7.2
LDEM iShares ESG MSCI EM Leaders ETF 4.3 17 31 12.0 +3.4
VEXC Vanguard Emerging Markets Ex-China ETF 4.0 7 41 5.8 -2.8
ROAM Hartford Multifactor Emerging Markets ETF 4.0 44 4 7.8 -0.8
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 3.9 60 -12 6.3 -2.3
RNEM First Trust Emerging Markets Equity Select ETF 3.9 75 -27 7.6 -1.0
VCLN Virtus Duff & Phelps Clean Energy ETF 3.8 59 -11 2.4 -6.1
ECH iShares MSCI Chile ETF 3.7 58 -10 6.7 -1.9
PXH Invesco FTSE RAFI Emerging Markets ETF 3.6 49 -1 13.3 +4.7
BKF iShares MSCI BIC ETF 3.5 69 -21 13.4 +4.8
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 3.5 30 18 8.2 -0.4
BLOK Amplify Transformational Data Sharing ETF 3.4 75 -27 -0.1 -8.7
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 3.4 20 28 8.6 +0.1
SDEM Global X MSCI SuperDividend Emerging Markets ETF 3.4 67 -19 11.8 +3.3
FEGE First Eagle Global Equity ETF 3.4 79 -31 6.0 -2.6
PICK iShares MSCI Global Metals & Mining Producers ETF 3.4 39 9 7.8 -0.8
EMM Global X Emerging Markets ex-China ETF 3.4 75 -27 5.0 -3.6
EEM iShares MSCI Emerging Markets ETF 3.3 69 -21 8.0 -0.6
DEXC Dimensional Emerging Markets ex China Core EquityETF 3.3 53 -5 5.4 -3.2
NEWZ StockSnips AI-Powered Sentiment US All Cap ETF 3.3 65 -17 5.1 -3.5
EMMF WisdomTree Emerging Markets Multifactor Fund 3.3 48 0 8.7 +0.2
AVEM Avantis Emerging Markets Equity ETF 3.2 33 15 7.2 -1.3
UEVM VictoryShares Emerging Markets Value Momentum ETF 3.1 45 3 9.3 +0.7
ION ProShares S&P Global Core Battery Metals ETF 3.1 58 -10 4.9 -3.6
BJK VanEck Gaming ETF 3.1 65 -17 4.2 -4.3
XCEM Columbia EM Core ex-China ETF 3.1 16 32 5.2 -3.4
BPAY BlackRock Future Financial and Technology ETF 3.0 70 -22 5.3 -3.3
NUEM Nuveen ESG Emerging Markets Equity ETF 3.0 36 12 6.1 -2.5
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 3.0 66 -18 7.4 -1.2
IEMG iShares Core MSCI Emerging Markets ETF 2.9 9 39 8.3 -0.3
AVES Avantis Emerging Markets Value ETF 2.9 36 12 8.9 +0.3
APIE ActivePassive International Equity ETF 2.8 45 3 6.4 -2.2
GVAL Cambria Global Value ETF 2.8 68 -20 8.6 +0.1
AVSE Avantis Responsible Emerging Markets Equity ETF 2.8 33 15 6.9 -1.7
VWO Vanguard FTSE Emerging Markets ETF 2.7 7 41 9.0 +0.5
ECON Columbia Emerging Markets Consumer ETF 2.7 49 -1 7.1 -1.5
WWJD Inspire International ETF 2.7 80 -32 6.1 -2.5
SCHE Schwab Emerging Markets Equity ETF 2.7 11 37 9.3 +0.8
DINT Davis Select International ETF 2.6 55 -7 6.0 -2.5
BKEM BNY Mellon Emerging Markets Equity ETF 2.6 11 37 8.1 -0.5
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 2.6 15 33 9.1 +0.5
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 2.6 36 12 7.8 -0.8
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 2.6 90 -42 3.9 -4.7
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 2.6 50 -2 8.4 -0.2
GNR SPDR S&P Global Natural Resources ETF 2.6 40 8 8.1 -0.5
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 2.5 45 3 8.3 -0.3
DFEV Dimensional Emerging Markets Value ETF 2.5 43 5 9.9 +1.3
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 2.5 32 16 7.6 -0.9
FEM First Trust Emerging Markets AlphaDEX Fund 2.5 80 -32 8.5 -0.0
DFAE Dimensional Emerging Core Equity Market ETF 2.5 35 13 7.1 -1.5
HAP VanEck Natural Resources ETF 2.5 50 -2 6.5 -2.1
IXC iShares Global Energy ETF 2.4 44 4 7.4 -1.2
EDIV SPDR S&P Emerging Markets Dividend ETF 2.4 49 -1 8.8 +0.3
JHEM John Hancock Multifactor Emerging Markets ETF 2.3 49 -1 7.8 -0.8
CGW Invesco S&P Global Water Index ETF 2.3 57 -9 4.3 -4.3
PIO Invesco Global Water ETF 2.3 75 -27 4.1 -4.5
EFRA iShares Environmental Infrastructure and Industrials ETF 2.3 47 1 4.8 -3.8
DSTX Distillate International Fundamental Stability & Value ETF 2.3 55 -7 6.4 -2.2
FXZ First Trust Materials AlphaDEX Fund 2.3 61 -13 6.8 -1.7
COPX Global X Copper Miners ETF 2.3 65 -17 3.9 -4.6
ZIG Acquirers Fund 2.3 84 -36 20.0 +11.4
CCSO Carbon Collective Climate Solutions US Equity ETF 2.3 35 13 0.9 -7.7
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 2.3 49 -1 4.7 -3.8
AGMI Themes Silver Miners ETF 2.3 35 13 3.5 -5.1
COPA Themes Copper Miners ETF 2.3 35 13 3.0 -5.5
STRN SMART Trend 25 ETF 2.3 59 -11 2.7 -5.8
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 2.3 25 23 6.3 -2.2
ESGE iShares ESG Aware MSCI EM ETF 2.3 25 23 8.5 -0.1
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 2.3 15 33 8.2 -0.4
EMGF iShares Emerging Markets Equity Factor ETF 2.3 25 23 9.2 +0.6
ARKF ARK Fintech Innovation ETF 2.2 75 -27 0.2 -8.4
SETM Sprott Energy Transition Materials ETF 2.1 65 -17 1.4 -7.2
QMOM Alpha Architect U.S. Quantitative Momentum ETF 2.1 39 9 1.1 -7.5
ABLD Abacus FCF Real Assets Leaders ETF 2.1 69 -21 6.2 -2.4
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 2.1 41 7 6.9 -1.7
VIDI Vident International Equity Strategy ETF 2.0 61 -13 8.3 -0.3
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 2.0 49 -1 7.9 -0.7
FFF Founders 100 ETF 1.9 75 -27 2.6 -6.0
FDEM Fidelity Emerging Markets Multifactor ETF 1.9 25 23 10.5 +1.9
FDFF Fidelity Disruptive Finance ETF 1.9 50 -2 5.2 -3.4
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.8 38 10 7.1 -1.5
CWI SPDR MSCI ACWI ex-US ETF 1.8 30 18 6.4 -2.1
IYM iShares U.S. Basic Materials ETF 1.8 40 8 4.4 -4.2
BLES Inspire Global Hope ETF 1.8 61 -13 5.8 -2.8
ABLG Abacus FCF International Leaders ETF 1.8 59 -11 6.2 -2.4
EEMO Invesco S&P Emerging Markets Momentum ETF 1.7 29 19 7.3 -1.3
RNRG Global X Renewable Energy Producers ETF 1.7 66 -18 4.1 -4.5
IXG iShares Global Financials ETF 1.7 42 6 6.2 -2.4
KXI iShares Global Consumer Staples ETF 1.7 41 7 5.3 -3.3
SAMM Strategas Macro Momentum ETF 1.7 66 -18 3.7 -4.9
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.7 45 3 -0.9 -9.5
LITP Sprott Lithium Miners ETF 1.7 65 -17 0.7 -7.9
FTAG First Trust Indxx Global Agriculture ETF 1.7 70 -22 6.8 -1.8
REMX VanEck Rare Earth/Strategic Metals ETF 1.7 54 -6 2.4 -6.2
LIT Global X Lithium & Battery Tech ETF 1.7 75 -27 4.8 -3.7
ILIT iShares Lithium Miners and Producers ETF 1.7 47 1 3.0 -5.6
DEHP Dimensional Emerging Markets High Profitability ETF 1.7 41 7 5.0 -3.6
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 1.7 95 -47 10.2 +1.6
GDIV Harbor Dividend Growth Leaders ETF 1.6 50 -2 4.1 -4.5
VRAI Virtus Real Asset Income ETF 1.6 55 -7 8.4 -0.1
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 1.5 59 -11 8.6 +0.0
JHDV John Hancock U.S. High Dividend ETF 1.5 34 14 6.2 -2.3
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 1.5 58 -10 -1.9 -10.5
FFTY Innovator IBD 50 ETF 1.5 80 -32 0.0 -8.6
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.5 46 2 7.3 -1.3
PBW Invesco WilderHill Clean Energy ETF 1.5 66 -18 -3.0 -11.6
TTAI FCF International Quality ETF 1.5 59 -11 6.6 -1.9
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 1.5 88 -40 8.4 -0.2
EMIF iShares Emerging Markets Infrastructure ETF 1.5 60 -12 2.5 -6.1
IGF iShares Global Infrastructure ETF 1.5 41 7 4.1 -4.5
GII SPDR S&P Global Infrastructure ETF 1.5 40 8 4.1 -4.5
SGRT SMART Earnings Growth 30 ETF 1.5 59 -11 2.6 -6.0
JXI iShares Global Utilities ETF 1.4 43 5 4.9 -3.7
LIMI Themes Lithium & Battery Metal Miners ETF 1.4 35 13 2.6 -6.0
EVLU iShares MSCI Emerging Markets Value Factor ETF 1.4 35 13 11.3 +2.7
CVAR Cultivar ETF 1.4 87 -39 7.0 -1.6
YNOT Horizon Digital Frontier ETF 1.3 75 -27 2.6 -6.0
ABFL Abacus FCF Leaders ETF 1.3 59 -11 3.9 -4.7
BITQ Bitwise Crypto Industry Innovators ETF 1.2 85 -37 -2.2 -10.8
CVY Invesco Zacks Multi-Asset Income ETF 1.2 106 -58 10.2 +1.6
DRIV Global X Autonomous & Electric Vehicles ETF 1.1 68 -20 3.4 -5.2
VYMI Vanguard International High Dividend Yield ETF 1.1 17 31 7.9 -0.7
CZA Invesco Zacks Mid-Cap ETF 1.1 72 -24 5.9 -2.7
JSTC Adasina Social Justice All Cap Global ETF 1.1 89 -41 4.5 -4.0
ACWX iShares MSCI ACWI ex U.S. ETF 1.0 34 14 6.3 -2.2
RCGE RockCreek Global Equality ETF 1.0 95 -47 6.0 -2.6
FDLS Inspire Fidelis Multi Factor ETF 1.0 76 -28 3.3 -5.3
SDIV Global X Superdividend ETF 1.0 58 -10 12.9 +4.3
FRGN Horizon International Equity ETF 1.0 75 -27 8.1 -0.5
GURU Global X Guru Index ETF 1.0 75 -27 2.4 -6.2
MID American Century Mid Cap Growth Impact ETF 1.0 45 3 3.0 -5.6
VEU Vanguard FTSE All-World ex-US Index Fund 0.9 4 44 6.7 -1.9
AADR AdvisorShares Dorsey Wright ADR ETF 0.9 110 -62 2.8 -5.8
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.9 41 7 6.1 -2.5
COLO Global X MSCI Colombia ETF 0.9 62 -14 15.4 +6.8
IXUS iShares Core MSCI Total International Stock ETF 0.9 7 41 6.5 -2.0
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.9 47 1 5.0 -3.6
JOET Virtus Terranova US Quality Momentum ETF 0.8 29 19 3.9 -4.7
FFND Future Fund Active ETF 0.8 100 -52 4.3 -4.3
IYF iShares U.S. Financials ETF 0.8 40 8 5.7 -2.9
TMAT Main Thematic Innovation ETF 0.8 164 -116 -2.0 -10.5
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.8 18 30 6.4 -2.2
IPAV Global X Infrastructure Development ex-U.S. ETF 0.8 55 -7 5.6 -3.0
FPAG FPA Global Equity ETF 0.8 49 -1 5.9 -2.7
GINX SGI Enhanced Global Income ETF 0.8 98 -50 6.7 -1.9
IQDF FlexShares International Quality Dividend Index Fund 0.8 47 1 7.6 -1.0
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.8 47 1 7.3 -1.2
PBD Invesco Global Clean Energy ETF 0.7 75 -27 0.2 -8.3
VUSE Vident U.S. Equity Strategy ETF 0.7 50 -2 3.8 -4.8
VXUS Vanguard Total International Stock ETF 0.7 5 43 6.6 -2.0
RWX SPDR Dow Jones International Real Estate ETF 0.7 59 -11 6.8 -1.8
VSGX Vanguard ESG International Stock ETF 0.7 10 38 6.7 -1.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.7 20 28 4.8 -3.8
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.7 46 2 5.0 -3.5
PTL Inspire 500 ETF 0.7 9 39 4.5 -4.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.7 9 39 4.9 -3.6
NXTG First Trust Indxx NextG ETF 0.7 70 -22 4.3 -4.3
FPXI First Trust International Equity Opportunities ETF 0.6 70 -22 3.9 -4.7
CCNR ALPS CoreCommodity Natural Resources ETF 0.6 39 9 7.9 -0.7
ZSB USCF Sustainable Battery Metals Strategy Fund 0.6 61 -13 6.3 -2.3
AFLG First Trust Active Factor Large Cap ETF 0.6 55 -7 5.1 -3.5
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 0.6 40 8 6.4 -2.1
ARGT Global X MSCI Argentina ETF 0.5 59 -11 3.1 -5.4
BOUT Innovator IBD Breakout Opportunities ETF 0.5 81 -33 3.0 -5.6
CGGR Capital Group Growth ETF 0.5 39 9 2.5 -6.0
SCHY Schwab International Dividend Equity ETF 0.5 14 34 8.2 -0.4
CGDG Capital Group Dividend Growers ETF 0.5 47 1 5.1 -3.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.5 30 18 6.3 -2.2
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.5 12 36 4.5 -4.1
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.4 12 36 8.1 -0.5
EXI iShares Global Industrials ETF 0.4 42 6 3.5 -5.1
IGRO iShares International Dividend Growth ETF 0.4 15 33 6.6 -2.0
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.4 10 38 7.9 -0.6
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.4 18 30 6.9 -1.7
GQQQ Astoria US Quality Growth Kings ETF 0.4 35 13 3.5 -5.1
ACWI iShares MSCI ACWI ETF 0.4 32 16 4.8 -3.8
KLMT Invesco MSCI Global Climate 500 ETF 0.4 10 38 5.1 -3.5
FMDE Fidelity Enhanced Mid Cap ETF 0.4 23 25 5.5 -3.1
VT Vanguard Total World Stock ETF 0.4 6 42 5.1 -3.5
AQLT iShares MSCI Global Quality Factor ETF 0.4 18 30 0.0 -8.6
EQAL Invesco Russell 1000 Equal Weight ETF 0.4 20 28 6.1 -2.5
WRND IQ Global Equity R&D Leaders ETF 0.4 18 30 4.1 -4.5
FXO First Trust Financials AlphaDEX Fund 0.3 62 -14 8.2 -0.4
QDEF FlexShares Quality Dividend Defensive Index Fund 0.3 37 11 5.5 -3.1
FNDA Schwab Fundamental US Small Co. Index ETF 0.3 25 23 6.3 -2.3
RWO SPDR Dow Jones Global Real Estate ETF 0.3 50 -2 6.3 -2.3
SDG iShares MSCI Global Sustainable Development Goals ETF 0.3 49 -1 4.5 -4.1
AVRE Avantis Real Estate ETF 0.3 17 31 6.8 -1.8
REET iShares Global REIT ETF 0.3 14 34 7.0 -1.6
GEW Cambria Global EW ETF 0.3 29 19 5.4 -3.2
VFQY Vanguard U.S. Quality Factor ETF 0.3 13 35 5.7 -2.9
BFOR ALPS Barron's 400 ETF 0.3 65 -17 5.0 -3.6
DFGR Dimensional Global Real Estate ETF 0.3 22 26 7.0 -1.6
JMOM JPMorgan U.S. Momentum Factor ETF 0.2 12 36 3.5 -5.0
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 36 5.2 -3.4
SMOG VanEck Low Carbon Energy ETF 0.2 61 -13 1.2 -7.4
DGT State Street SPDR Global Dow ETF 0.2 50 -2 5.8 -2.8
RVRB Reverb ETF 0.2 30 18 4.0 -4.5
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.2 12 36 3.5 -5.1
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 0.2 56 -8 7.1 -1.5
ACWV iShares MSCI Global Min Vol Factor ETF 0.2 20 28 5.7 -2.9
IWY iShares Russell Top 200 Growth ETF 0.2 20 28 3.6 -5.0
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.2 9 39 5.3 -3.3
DEW WisdomTree Global High Dividend Fund 0.2 58 -10 7.3 -1.3
VYM Vanguard High Dividend Yield Index ETF 0.2 6 42 6.2 -2.4
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.2 42 6 4.0 -4.6
VONG Vanguard Russell 1000 Growth ETF 0.2 7 41 3.6 -5.0
IXP iShares Global Comm Services ETF 0.2 42 6 5.4 -3.1
ESGV Vanguard ESG U.S. Stock ETF 0.2 9 39 4.3 -4.3
IWF iShares Russell 1000 Growth ETF 0.2 19 29 3.4 -5.1
VSLU Applied Finance Valuation Large Cap ETF 0.2 49 -1 4.9 -3.7
FELC Fidelity Enhanced Large Cap Core ETF 0.2 18 30 4.5 -4.1
EQIN Columbia US Equity Income ETF 0.1 35 13 6.2 -2.3
GLOF iShares Global Equity Factor ETF 0.1 20 28 5.7 -2.9
IWL iShares Russell Top 200 ETF 0.1 15 33 4.0 -4.6
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 38 4.4 -4.2
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.1 20 28 6.2 -2.3
RXI iShares Global Consumer Discretionary ETF 0.1 41 7 7.8 -0.8
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.1 50 -2 5.3 -3.3
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 33 4.7 -3.9
IXJ iShares Global Healthcare ETF 0.1 42 6 6.2 -2.4
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.1 58 -10 3.5 -5.1
IWB iShares Russell 1000 ETF 0.1 15 33 4.3 -4.3
VONE Vanguard Russell 1000 ETF 0.1 7 41 4.3 -4.2
IWV iShares Russell 3000 ETF 0.1 20 28 4.1 -4.5
VTHR Vanguard Russell 3000 ETF 0.1 7 41 4.2 -4.3
DFVX Dimensional US Large Cap Vector ETF 0.1 22 26 5.3 -3.2
XMAG Defiance Large Cap ex-Mag 7 ETF 0.1 35 13 4.5 -4.1
ENHU iShares Enhanced Large Cap Core Active ETF 0.1 22 26 4.2 -4.3
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.1 14 34 4.3 -4.3
LRGF iShares U.S. Equity Factor ETF 0.1 8 40 4.8 -3.8
IWX iShares Russell Top 200 Value ETF 0.1 20 28 5.2 -3.3
DUHP Dimensional US High Profitability ETF 0.1 21 27 5.2 -3.3
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.1 20 28 0.8 -7.7
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.1 39 9 2.4 -6.2
IUS Invesco RAFI Strategic US ETF 0.1 19 29 5.9 -2.7
MNZL Manzil Russell Halal USA Broad MarketETF 0.1 40 8 4.0 -4.5
ILCV iShares Morningstar Value ETF 0.1 4 44 5.5 -3.1
HLAL Wahed FTSE USA Shariah ETF 0.1 50 -2 3.8 -4.7
NACP Impact Shares NAACP Minority Empowerment ETF 0.1 49 -1 4.0 -4.6
IWD iShares Russell 1000 Value ETF 0.1 19 29 5.6 -3.0
VONV Vanguard Russell 1000 Value ETF 0.1 7 41 5.7 -2.9
FBCG Fidelity Blue Chip Growth ETF 0.0 59 -11 2.2 -6.4
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.0 19 29 5.1 -3.4
GVUS Marketbeta Russell 1000 Value Equity ETF 0.0 12 36 5.6 -3.0
RAUS RACWI US ETF 0.0 15 33 4.3 -4.3
PRF Invesco FTSE RAFI US 1000 ETF 0.0 34 14 5.9 -2.7
AVUS Avantis U.S. Equity ETF 0.0 15 33 4.9 -3.7
JHML John Hancock Multifactor Large Cap ETF 0.0 29 19 4.6 -4.0
GXLC Global X U.S. 500 ETF 0.0 2 46 4.2 -4.4
DIVB iShares Core Dividend ETF 0.0 5 43 7.6 -1.0
ILCB iShares Morningstar U.S. Equity ETF 0.0 3 45 4.2 -4.4
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 31 6.6 -2.0
THRO iShares U.S. Thematic Rotation Active ETF 0.0 90 -42 3.3 -5.3
DFUS Dimensional U.S. Equity ETF 0.0 9 39 4.2 -4.4
DFAU Dimensional US Core Equity Market ETF 0.0 12 36 4.4 -4.2
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 31 4.8 -3.8
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 23 6.4 -2.2
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.0 2 46 4.3 -4.3
BKLC BNY Mellon US Large Cap Core Equity ETF 0.0 0 48 4.3 -4.3
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.0 7 41 4.2 -4.4
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 19 5.8 -2.8
VOTE TCW Transform 500 ETF 0.0 5 43 4.2 -4.4
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 37 4.3 -4.3
EBI Longview Advantage ETF 0.0 35 13 6.1 -2.5
DCOR Dimensional US Core Equity 1 ETF 0.0 14 34 4.7 -3.9
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 30 4.7 -3.8
DXUV Dimensional US Vector Equity ETF 0.0 28 20 5.4 -3.2
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.0 25 23 5.0 -3.5
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.0 29 19 4.1 -4.5
USEW Cambria US EW ETF 0.0 30 18 4.2 -4.4
GVLU Gotham 1000 Value ETF 0.0 50 -2 8.3 -0.3
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.0 30 18 3.9 -4.7

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%.

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 Latin America 40 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 15.8 %
Divided by: Fwd. P/BV 1.7 x
Less: Expense ratio 48 bp
Equals: ALTAR Score 8.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.60 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.