iShares Latin America 40 ETF
ALTAR
Score™		 12.3% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 9.2x P/Sales
ratio		 1.1x
P/BV
ratio		 1.4x Div.
yield		 4.8%


  • 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) $1,886
Currency USD
Expense ratio 48 bp
Distributions Semi-Annually

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) $27,156
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
NU HOLDINGS LTD. CLASS A 10.5 %
VALE SA-SP ADR 7.8 %
ITAU UNIBANCO HLDNG-PREF ADR 7.6 %
PETROLEO BRASILEIRO-SPON ADR 5.1 %
GRUPO FINANCIERO BANORTE-O 4.9 %
PETROLEO BRASILEIRO S.A.-ADR 4.8 %
GRUPO MEXICO S.A.B. DE C.V. CLASS 4.7 %
AMERICA MOVIL B 3.8 %
CREDICORP LTD 3.7 %
BANCO BRADESCO-ADR 3.4 %
Total 56.0 %

TOP COUNTRY EXPOSURE
BRAZIL 48.6 %
MEXICO 22.3 %
CAYMAN ISLANDS 10.5 %
CHILE 7.0 %
PERU 3.7 %
UNITED STATES 1.9 %
COLOMBIA 1.0 %




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.
29.6% 8.8% 11.1% 5.6% 8.4%

Market Correlations
versus... Beta R-squared
S&P500 0.77 30%
MSCI EAFE 0.74 32%
MSCI Emg. Mkts. 0.59 22%

Technical Indicators
Recent close $28.58
30d moving avg. $26.46
Annualized volatility 21.2%
Short interest (ETF) 2.0%
Relative strength (RSI) 66

Liquidity measures
Avg. volume (thou.) 2,157
Turnover 3.3%
Bid/Ask (% of price) 0.04%
ADV underlying (mns) $1,162

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 295 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™: 12.3%


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
(%)
BRAZ Global X Brazil Active ETF 37.7 75 -27 12.2 -0.1
FLLA Franklin FTSE Latin America ETF 35.7 19 29 12.4 +0.1
EWZ iShares MSCI Brazil ETF 26.0 58 -10 12.6 +0.3
FLMX Franklin FTSE Mexico ETF 22.3 19 29 9.9 -2.4
EWW iShares MSCI Mexico ETF 22.3 50 -2 9.6 -2.7
FLN First Trust Latin America AlphaDEX Fund 19.4 80 -32 10.0 -2.3
EMDM First Trust Bloomberg Emerging Market Democracies ETF 15.3 75 -27 9.1 -3.2
FLBR Franklin FTSE Brazil ETF 13.3 19 29 13.9 +1.6
FTHF First Trust Emerging Markets Human Flourishing ETF 12.4 75 -27 8.1 -4.2
FRDM Freedom 100 Emerging Markets ETF 9.0 49 -1 8.1 -4.2
SLX VanEck Steel ETF 8.6 56 -8 14.9 +2.6
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 8.2 86 -38 0.4 -11.9
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 7.8 85 -37 8.8 -3.5
GMET VanEck Green Metals ETF 7.8 63 -15 8.5 -3.8
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 7.2 44 4 10.4 -1.9
EV Mast Global Battery Recycling & Production ETF 6.9 65 -17 10.5 -1.8
BINV Brandes International ETF 6.8 70 -22 9.2 -3.1
EPU iShares MSCI Peru and Global Exposure ETF 6.8 59 -11 6.2 -6.1
ICOP iShares Copper and Metals Mining ETF 6.6 47 1 8.1 -4.2
EELV Invesco S&P Emerging Markets Low Volatility ETF 6.2 29 19 9.1 -3.2
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 6.1 24 24 7.8 -4.5
FEM First Trust Emerging Markets AlphaDEX Fund 6.0 80 -32 10.9 -1.4
DMAT Global X Disruptive Materials ETF 5.7 59 -11 7.4 -4.9
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 5.3 33 15 9.7 -2.6
EMC Global X Emerging Markets Great Consumer ETF 5.2 75 -27 10.6 -1.7
BATT Amplify Lithium & Battery Technology ETF 5.1 59 -11 3.3 -9.0
AVXC Avantis Emerging Markets Ex-China Equity ETF 5.1 33 15 8.4 -3.9
STXE Strive Emerging Markets Ex-China ETF 5.0 32 16 7.6 -4.7
ECH iShares MSCI Chile ETF 4.9 58 -10 8.3 -4.0
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 4.8 86 -38 12.6 +0.3
NDIV Amplify Natural Resources Dividend Income ETF 4.8 59 -11 13.8 +1.5
MEM Matthews Emerging Markets Equity Active ETF 4.7 79 -31 7.5 -4.8
AOTG AOT Growth and Innovation ETF 4.7 75 -27 1.7 -10.6
SPEM SPDR Portfolio Emerging Markets ETF 4.6 7 41 10.2 -2.1
EMXC iShares MSCI Emerging Markets ex China ETF 4.5 25 23 7.5 -4.8
EMXF iShares ESG Advanced MSCI EM ETF 4.5 16 32 8.3 -4.0
XCEM Columbia EM Core ex-China ETF 4.4 16 32 8.1 -4.2
NUEM Nuveen ESG Emerging Markets Equity ETF 4.3 36 12 7.7 -4.6
XCNY SPDR S&P Emerging Markets ex-China ETF 4.2 15 33 7.5 -4.7
DSTX Distillate International Fundamental Stability & Value ETF 4.2 55 -7 7.7 -4.6
ECOW Pacer Emerging Markets Cash Cows 100 ETF 4.1 70 -22 13.0 +0.7
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 4.0 39 9 15.7 +3.4
BPAY BlackRock Future Financial and Technology ETF 4.0 70 -22 7.6 -4.7
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 4.0 30 18 8.9 -3.4
MXI iShares Global Materials ETF 3.9 41 7 7.5 -4.8
VCLN Virtus Duff & Phelps Clean Energy ETF 3.8 59 -11 4.7 -7.5
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 3.7 15 33 7.6 -4.7
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 3.7 20 28 10.3 -2.0
AVES Avantis Emerging Markets Value ETF 3.7 36 12 10.7 -1.6
AVEM Avantis Emerging Markets Equity ETF 3.7 33 15 8.4 -3.9
EMMF WisdomTree Emerging Markets Multifactor Fund 3.6 48 0 7.3 -5.0
EDIV SPDR S&P Emerging Markets Dividend ETF 3.5 49 -1 11.6 -0.7
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 3.5 60 -12 8.1 -4.2
LOUP Innovator Deepwater Frontier Tech ETF 3.5 70 -22 1.1 -11.1
LDEM iShares ESG MSCI EM Leaders ETF 3.4 17 31 13.3 +1.0
GVAL Cambria Global Value ETF 3.4 68 -20 10.3 -2.0
RNEM First Trust Emerging Markets Equity Select ETF 3.3 75 -27 7.5 -4.8
ECON Columbia Emerging Markets Consumer ETF 3.3 49 -1 11.9 -0.4
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 3.3 30 18 10.0 -2.3
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 3.3 66 -18 9.2 -3.1
CGXU Capital Group International Focus Equity ETF 3.3 54 -6 5.4 -6.9
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 3.3 32 16 6.8 -5.5
WWJD Inspire International ETF 3.3 80 -32 7.2 -5.0
XC WisdomTree Emerging Markets Ex-China Fund 3.2 32 16 6.2 -6.1
PXH Invesco FTSE RAFI Emerging Markets ETF 3.2 49 -1 15.1 +2.8
ROAM Hartford Multifactor Emerging Markets ETF 3.1 44 4 11.8 -0.5
EEM iShares MSCI Emerging Markets ETF 3.1 69 -21 9.9 -2.4
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 3.1 88 -40 8.5 -3.8
EDOG ALPS Emerging Sector Dividend Dogs ETF 3.0 60 -12 10.3 -2.0
BKEM BNY Mellon Emerging Markets Equity ETF 3.0 11 37 9.6 -2.7
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 2.9 36 12 9.4 -2.9
PICK iShares MSCI Global Metals & Mining Producers ETF 2.9 39 9 12.3 -0.0
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 2.8 45 3 10.0 -2.3
EEMO Invesco S&P Emerging Markets Momentum ETF 2.8 29 19 6.3 -6.0
BITQ Bitwise Crypto Industry Innovators ETF 2.8 85 -37 -2.3 -14.6
DEXC Dimensional Emerging Markets ex China Core EquityETF 2.8 53 -5 7.6 -4.7
MID American Century Mid Cap Growth Impact ETF 2.8 45 3 3.2 -9.1
BLOK Amplify Transformational Data Sharing ETF 2.8 75 -27 -0.4 -12.7
AVSE Avantis Responsible Emerging Markets Equity ETF 2.8 33 15 8.1 -4.1
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 2.7 32 16 8.8 -3.5
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 2.7 90 -42 6.7 -5.6
DFEV Dimensional Emerging Markets Value ETF 2.7 43 5 12.9 +0.6
ESGE iShares ESG Aware MSCI EM ETF 2.7 25 23 9.8 -2.5
BKF iShares MSCI BIC ETF 2.7 69 -21 13.0 +0.7
JHEM John Hancock Multifactor Emerging Markets ETF 2.7 49 -1 9.8 -2.4
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 2.6 15 33 9.9 -2.4
SPYA Twin Oak Endure ETF 2.6 80 -32 -2.1 -14.4
IEMG iShares Core MSCI Emerging Markets ETF 2.6 9 39 10.1 -2.2
ION ProShares S&P Global Core Battery Metals ETF 2.6 58 -10 9.2 -3.0
SDEM Global X MSCI SuperDividend Emerging Markets ETF 2.6 67 -19 13.5 +1.2
DEM WisdomTree Emerging Markets High Dividend Fund 2.5 63 -15 13.0 +0.7
FEOE First Eagle Overseas Equity ETF 2.4 79 -31 7.8 -4.5
SCHE Schwab Emerging Markets Equity ETF 2.3 11 37 10.6 -1.7
GNR SPDR S&P Global Natural Resources ETF 2.2 40 8 10.9 -1.4
VWO Vanguard FTSE Emerging Markets ETF 2.2 7 41 9.8 -2.5
HAP VanEck Natural Resources ETF 2.2 50 -2 9.3 -3.0
AQWA Global X Clean Water ETF 2.2 50 -2 5.0 -7.3
BLLD JPMorgan Sustainable Infrastructure ETF 2.2 49 -1 6.1 -6.1
CGW Invesco S&P Global Water Index ETF 2.2 57 -9 4.7 -7.6
PIO Invesco Global Water ETF 2.2 75 -27 4.3 -8.0
EFRA iShares Environmental Infrastructure and Industrials ETF 2.2 47 1 5.3 -7.0
UEVM VictoryShares Emerging Markets Value Momentum ETF 2.1 45 3 10.5 -1.8
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 2.1 49 -1 9.4 -2.9
EVLU iShares MSCI Emerging Markets Value Factor ETF 2.1 35 13 17.5 +5.3
BLES Inspire Global Hope ETF 2.1 61 -13 6.8 -5.5
EMM Global X Emerging Markets ex-China ETF 2.0 75 -27 6.3 -6.0
APIE ActivePassive International Equity ETF 2.0 45 3 7.3 -5.0
ICLN iShares Global Clean Energy ETF 2.0 41 7 5.0 -7.3
VIDI Vident International Equity Strategy ETF 2.0 61 -13 10.7 -1.6
DFAE Dimensional Emerging Core Equity Market ETF 2.0 35 13 9.0 -3.3
ABLG Abacus FCF International Leaders ETF 1.9 59 -11 6.8 -5.5
COPX Global X Copper Miners ETF 1.9 65 -17 7.0 -5.3
QVAL Alpha Architect US Quantitative Value ETF 1.9 39 9 9.6 -2.7
CCSO Carbon Collective Climate Solutions US Equity ETF 1.9 35 13 1.0 -11.3
AGMI Themes Silver Miners ETF 1.9 35 13 4.9 -7.4
COPA Themes Copper Miners ETF 1.9 35 13 5.5 -6.8
IXC iShares Global Energy ETF 1.9 44 4 10.1 -2.2
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 1.9 25 23 6.5 -5.8
FXZ First Trust Materials AlphaDEX Fund 1.9 61 -13 9.9 -2.4
ABLD Abacus FCF Real Assets Leaders ETF 1.7 69 -21 6.7 -5.6
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.7 46 2 9.8 -2.5
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 1.7 59 -11 8.5 -3.7
SETM Sprott Energy Transition Materials ETF 1.7 65 -17 2.6 -9.7
EMGF iShares Emerging Markets Equity Factor ETF 1.7 25 23 11.3 -1.0
ARKF ARK Fintech Innovation ETF 1.6 75 -27 -0.4 -12.7
DINT Davis Select International ETF 1.6 55 -7 7.7 -4.6
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 1.6 50 -2 10.6 -1.7
RNRG Global X Renewable Energy Producers ETF 1.6 66 -18 1.4 -10.9
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 1.6 41 7 8.4 -3.9
VRAI Virtus Real Asset Income ETF 1.5 55 -7 10.0 -2.3
TTAI FCF International Quality ETF 1.5 59 -11 7.3 -5.0
COLO Global X MSCI Colombia ETF 1.5 62 -14 16.5 +4.2
CWI SPDR MSCI ACWI ex-US ETF 1.5 30 18 7.5 -4.8
KXI iShares Global Consumer Staples ETF 1.4 41 7 5.6 -6.7
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.4 38 10 8.9 -3.4
IXG iShares Global Financials ETF 1.4 42 6 6.5 -5.8
FDEM Fidelity Emerging Markets Multifactor ETF 1.4 25 23 12.2 -0.1
SFYF SoFi Social 50 ETF 1.4 29 19 0.4 -11.9
FEGE First Eagle Global Equity ETF 1.4 79 -31 6.8 -5.5
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 1.4 95 -47 11.4 -0.9
FXO First Trust Financials AlphaDEX Fund 1.4 62 -14 8.1 -4.1
CCNR ALPS CoreCommodity Natural Resources ETF 1.4 39 9 10.7 -1.6
IYM iShares U.S. Basic Materials ETF 1.3 40 8 6.0 -6.3
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 1.3 40 8 6.9 -5.4
DRIV Global X Autonomous & Electric Vehicles ETF 1.2 68 -20 4.8 -7.5
LIT Global X Lithium & Battery Tech ETF 1.2 75 -27 4.2 -8.1
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.2 45 3 4.0 -8.3
LITP Sprott Lithium Miners ETF 1.2 65 -17 2.0 -10.3
FTAG First Trust Indxx Global Agriculture ETF 1.2 70 -22 8.4 -3.9
REMX VanEck Rare Earth/Strategic Metals ETF 1.2 54 -6 3.9 -8.4
PBW Invesco WilderHill Clean Energy ETF 1.2 66 -18 -3.5 -15.8
ILIT iShares Lithium Miners and Producers ETF 1.2 47 1 6.5 -5.8
LIMI Themes Lithium & Battery Metal Miners ETF 1.2 35 13 6.6 -5.7
CZA Invesco Zacks Mid-Cap ETF 1.2 72 -24 6.6 -5.7
JXI iShares Global Utilities ETF 1.2 43 5 5.9 -6.4
CVY Invesco Zacks Multi-Asset Income ETF 1.2 106 -58 12.3 -0.0
ZSB USCF Sustainable Battery Metals Strategy Fund 1.1 61 -13 7.9 -4.4
FDFF Fidelity Disruptive Finance ETF 1.1 50 -2 4.2 -8.0
EYLD Cambria Emerging Shareholder Yield ETF 1.1 66 -18 12.2 -0.1
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 1.1 47 1 5.8 -6.5
CVAR Cultivar ETF 1.0 87 -39 6.8 -5.5
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 1.0 58 -10 -2.2 -14.5
JOET Virtus Terranova US Quality Momentum ETF 1.0 29 19 4.7 -7.6
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.0 47 1 8.2 -4.1
VYMI Vanguard International High Dividend Yield ETF 1.0 17 31 9.4 -2.8
IQDF FlexShares International Quality Dividend Index Fund 1.0 47 1 8.8 -3.5
ACWX iShares MSCI ACWI ex U.S. ETF 0.9 34 14 7.6 -4.7
RCGE RockCreek Global Equality ETF 0.9 95 -47 6.6 -5.6
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.9 41 7 7.4 -4.9
JSTC Adasina Social Justice All Cap Global ETF 0.9 89 -41 4.8 -7.5
RWX SPDR Dow Jones International Real Estate ETF 0.9 59 -11 6.8 -5.5
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.9 18 30 7.8 -4.5
DEHP Dimensional Emerging Markets High Profitability ETF 0.8 41 7 6.5 -5.8
IXUS iShares Core MSCI Total International Stock ETF 0.8 7 41 7.8 -4.5
PBD Invesco Global Clean Energy ETF 0.8 75 -27 -0.3 -12.6
VEU Vanguard FTSE All-World ex-US Index Fund 0.8 4 44 8.0 -4.3
IYF iShares U.S. Financials ETF 0.8 40 8 5.8 -6.5
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 0.8 49 -1 4.6 -7.7
ARGT Global X MSCI Argentina ETF 0.7 59 -11 5.1 -7.1
JIG JPMorgan International Growth ETF 0.7 55 -7 4.7 -7.6
SDG iShares MSCI Global Sustainable Development Goals ETF 0.7 49 -1 5.7 -6.6
VSGX Vanguard ESG International Stock ETF 0.6 10 38 7.5 -4.8
NXTG First Trust Indxx NextG ETF 0.6 70 -22 5.2 -7.1
VXUS Vanguard Total International Stock ETF 0.6 5 43 7.7 -4.6
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.6 20 28 5.6 -6.7
DEW WisdomTree Global High Dividend Fund 0.6 58 -10 8.3 -4.0
PTL Inspire 500 ETF 0.6 9 39 5.2 -7.1
CGDG Capital Group Dividend Growers ETF 0.5 47 1 6.2 -6.1
IPAV Global X Infrastructure Development ex-U.S. ETF 0.5 55 -7 7.6 -4.7
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.5 10 38 7.9 -4.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.5 9 39 5.6 -6.7
CARZ First Trust NASDAQ Global Auto Index Fund 0.5 70 -22 4.6 -7.7
JHDV John Hancock U.S. High Dividend ETF 0.5 34 14 6.5 -5.7
SDIV Global X Superdividend ETF 0.5 58 -10 40.8 +28.6
RODE Hartford Multifactor Diversified International ETF 0.5 29 19 11.4 -0.9
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.4 18 30 7.7 -4.6
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.4 12 36 5.1 -7.2
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.4 12 36 8.0 -4.3
CGGR Capital Group Growth ETF 0.4 39 9 3.1 -9.2
LRGF iShares U.S. Equity Factor ETF 0.4 8 40 5.4 -6.9
SMOG VanEck Low Carbon Energy ETF 0.4 61 -13 1.7 -10.6
GINN Goldman Sachs Innovate Equity ETF 0.4 52 -4 3.6 -8.7
KLMT Invesco MSCI Global Climate 500 ETF 0.4 10 38 5.6 -6.6
SCHY Schwab International Dividend Equity ETF 0.4 14 34 9.7 -2.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.4 30 18 7.7 -4.6
BUZZ VanEck Social Sentiment ETF 0.4 75 -27 -0.4 -12.7
CUT Invesco MSCI Global Timber ETF 0.3 61 -13 10.5 -1.8
DVYE iShares Emerging Markets Dividend ETF 0.3 49 -1 18.4 +6.2
WOOD iShares Global Timber & Forestry ETF 0.3 42 6 12.1 -0.2
ACWI iShares MSCI ACWI ETF 0.3 32 16 5.5 -6.8
EQAL Invesco Russell 1000 Equal Weight ETF 0.3 20 28 6.8 -5.5
VT Vanguard Total World Stock ETF 0.3 6 42 5.8 -6.5
AVRE Avantis Real Estate ETF 0.3 17 31 7.2 -5.1
RWO SPDR Dow Jones Global Real Estate ETF 0.3 50 -2 6.9 -5.4
EXI iShares Global Industrials ETF 0.3 42 6 4.5 -7.8
REET iShares Global REIT ETF 0.3 14 34 7.5 -4.8
IGRO iShares International Dividend Growth ETF 0.3 15 33 7.2 -5.0
FPAG FPA Global Equity ETF 0.3 49 -1 5.7 -6.6
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.3 12 36 4.4 -7.9
SFYX SoFi Next 500 ETF 0.2 0 48 5.7 -6.6
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.2 42 6 7.0 -5.3
DFGR Dimensional Global Real Estate ETF 0.2 22 26 7.4 -4.9
FNDA Schwab Fundamental US Small Co. Index ETF 0.2 25 23 8.2 -4.1
JMOM JPMorgan U.S. Momentum Factor ETF 0.2 12 36 4.5 -7.8
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 36 5.8 -6.4
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.2 15 33 4.6 -7.7
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.2 68 -20 2.5 -9.7
IWY iShares Russell Top 200 Growth ETF 0.2 20 28 4.5 -7.8
RVRB Reverb ETF 0.2 30 18 4.5 -7.8
GVLU Gotham 1000 Value ETF 0.2 50 -2 8.9 -3.4
KOMP SPDR S&P Kensho New Economies Composite ETF 0.2 20 28 2.4 -9.9
VFQY Vanguard U.S. Quality Factor ETF 0.2 13 35 6.4 -5.9
GLOF iShares Global Equity Factor ETF 0.2 20 28 6.4 -5.9
IWF iShares Russell 1000 Growth ETF 0.2 19 29 4.3 -8.0
VONG Vanguard Russell 1000 Growth ETF 0.2 7 41 4.4 -7.9
VFMO Vanguard U.S. Momentum Factor ETF 0.1 13 35 2.9 -9.4
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 38 5.1 -7.2
DGT SPDR Global Dow ETF 0.1 50 -2 6.9 -5.4
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.1 50 -2 5.3 -7.0
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 39 4.6 -7.6
VYM Vanguard High Dividend Yield Index ETF 0.1 6 42 7.0 -5.3
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.1 39 9 5.3 -7.0
IWL iShares Russell Top 200 ETF 0.1 15 33 4.6 -7.7
CCMG CCM Global Equity ETF 0.1 34 14 8.3 -3.9
IXJ iShares Global Healthcare ETF 0.1 42 6 7.3 -5.0
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 33 5.3 -7.0
ACWV iShares MSCI Global Min Vol Factor ETF 0.1 20 28 6.2 -6.1
IWB iShares Russell 1000 ETF 0.1 15 33 4.8 -7.5
VONE Vanguard Russell 1000 ETF 0.1 7 41 4.9 -7.4
IWV iShares Russell 3000 ETF 0.1 20 28 4.7 -7.6
VTHR Vanguard Russell 3000 ETF 0.1 7 41 4.8 -7.5
IXP iShares Global Comm Services ETF 0.1 42 6 5.3 -7.0
ESGG FlexShares STOXX Global ESG Select Index Fund 0.1 42 6 5.4 -6.9
RXI iShares Global Consumer Discretionary ETF 0.1 41 7 9.0 -3.3
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 28 7.0 -5.3
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.1 58 -10 4.6 -7.7
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.1 32 16 4.9 -7.4
VFMF Vanguard U.S. Multifactor ETF 0.1 18 30 7.9 -4.4
IUS Invesco RAFI Strategic US ETF 0.1 19 29 6.8 -5.5
FBCG Fidelity Blue Chip Growth ETF 0.1 59 -11 2.8 -9.5
DFVX Dimensional US Large Cap Vector ETF 0.1 22 26 6.2 -6.1
AFLG First Trust Active Factor Large Cap ETF 0.1 55 -7 6.3 -6.0
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 9 6.7 -5.6
IWX iShares Russell Top 200 Value ETF 0.0 20 28 6.2 -6.1
AVUS Avantis U.S. Equity ETF 0.0 15 33 5.7 -6.6
ILCV iShares Morningstar Value ETF 0.0 4 44 6.4 -5.9
HLAL Wahed FTSE USA Shariah ETF 0.0 50 -2 4.6 -7.7
DUHP Dimensional US High Profitability ETF 0.0 21 27 6.3 -6.0
IWD iShares Russell 1000 Value ETF 0.0 19 29 6.4 -5.9
XMAG Defiance Large Cap ex-Mag 7 ETF 0.0 35 13 5.1 -7.2
JHML John Hancock Multifactor Large Cap ETF 0.0 29 19 5.3 -7.0
VONV Vanguard Russell 1000 Value ETF 0.0 7 41 6.5 -5.8
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 31 7.1 -5.2
NACP Impact Shares NAACP Minority Empowerment ETF 0.0 49 -1 4.7 -7.6
DIVB iShares Core Dividend ETF 0.0 5 43 8.1 -4.2
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.0 2 46 4.9 -7.4
BKLC BNY Mellon US Large Cap Core Equity ETF 0.0 0 48 4.8 -7.5
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.0 7 41 4.7 -7.5
VOTE TCW Transform 500 ETF 0.0 5 43 4.8 -7.5
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 37 4.8 -7.5
ILCB iShares Morningstar U.S. Equity ETF 0.0 3 45 4.8 -7.5
DFAU Dimensional US Core Equity Market ETF 0.0 12 36 5.0 -7.3
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 31 5.5 -6.8
DFUS Dimensional U.S. Equity ETF 0.0 9 39 4.7 -7.5
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 23 7.1 -5.1
DCOR Dimensional US Core Equity 1 ETF 0.0 14 34 5.3 -7.0
EBI Longview Advantage ETF 0.0 35 13 6.5 -5.8
QDF FlexShares Quality Dividend Index Fund 0.0 37 11 6.1 -6.2
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.0 25 23 5.6 -6.7
DXUV Dimensional US Vector Equity ETF 0.0 28 20 6.2 -6.1
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 30 5.3 -7.0
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.0 29 19 4.5 -7.8
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.0 30 18 4.3 -8.0
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 19 6.4 -5.9
QDEF FlexShares Quality Dividend Defensive Index Fund 0.0 37 11 6.0 -6.3

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 Latin America 40 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 16.5 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 48 bp
Equals: ALTAR Score 12.3 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.59 CATEGORY
AVERAGE		 1.51
 
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.