iShares Latin America 40 ETF
ALTAR
Score™		 10.3% info Recommen-
dation		 OVERWEIGHT
2024E    2025E
P/E
ratio		 8.1x P/Sales
ratio		 1.4x
P/BV
ratio		 1.3x Div.
yield		 4.7%


  • 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) $1,628
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) $37,746
Large cap (>$10bn) 78.5%
Mid cap ($2-10bn) 11.1%
Small cap (<$2bn) 0.0%
Developed mkts 8.2%
Emerging mkts 91.8%

TOP TEN HOLDINGS
VALE SA-SP ADR 9.6 %
PETROLEO BRASILEIRO-SPON ADR 7.8 %
PETROLEO BRASILEIRO S.A.-ADR 6.7 %
ITAU UNIBANCO HLDNG-PREF ADR 6.4 %
NU HOLDINGS LTD. CLASS A 5.5 %
GRUPO FINANCIERO BANORTE-O 5.4 %
FOMENTO ECONOMICO MEXICANO SAB DE 4.7 %
GRUPO MEXICO S.A.B. DE C.V. CLASS 4.1 %
WALMART DE MEXICO-SER V 4.0 %
AMERICA MOVIL B 4.0 %
Total 58.3 %

TOP COUNTRY EXPOSURE
BRAZIL 53.5 %
MEXICO 24.1 %
CAYMAN ISLANDS 5.5 %
CHILE 5.5 %
PERU 2.4 %
UNITED STATES 2.1 %
COLOMBIA 1.9 %




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.
-3.3% 23.3% 2.7% 1.6% 11.2%

Market Correlations
versus... Beta R-squared
S&P500 0.90 38%
MSCI EAFE 0.95 38%
MSCI Emg. Mkts. 0.80 29%

Technical Indicators
Recent close $27.25
30d moving avg. $27.60
Annualized volatility 26.1%
Short interest (ETF) 2.0%
Relative strength (RSI) 68

Liquidity measures
Avg. volume (thou.) 964
Turnover 1.6%
Bid/Ask (% of price) 0.04%
ADV underlying (mns) $1,706

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 277 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™: 10.3%


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 38.6 75 -27 10.3 0.0
FLLA Franklin FTSE Latin America ETF 30.6 19 29 11.7 +1.4
FLMX Franklin FTSE Mexico ETF 24.1 19 29 10.8 +0.5
EWW iShares MSCI Mexico ETF 24.1 50 -2 9.7 -0.6
EWZ iShares MSCI Brazil ETF 16.0 58 -10 11.9 +1.6
FLBR Franklin FTSE Brazil ETF 15.8 19 29 12.4 +2.1
FLN First Trust Latin America AlphaDEX Fund 15.7 80 -32 11.1 +0.8
EMDM First Trust Bloomberg Emerging Market Democracies ETF 13.7 75 -27 9.6 -0.7
ECOW Pacer Emerging Markets Cash Cows 100 ETF 10.2 70 -22 11.4 +1.1
FTRI First Trust Indxx Global Natural Resources Income ETF 9.9 70 -22 10.6 +0.3
EV Mast Global Battery Recycling & Production ETF 9.0 65 -17 12.8 +2.5
SLX VanEck Steel ETF 9.0 56 -8 20.6 +10.3
FRDM Freedom 100 Emerging Markets ETF 7.8 49 -1 7.3 -2.9
GMET VanEck Green Metals ETF 7.3 63 -15 9.8 -0.5
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF 7.0 69 -21 8.3 -2.0
EMM Global X Emerging Markets ex-China ETF 6.6 75 -27 3.7 -6.6
EDOG ALPS Emerging Sector Dividend Dogs ETF 6.2 60 -12 14.7 +4.4
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 6.0 33 15 7.2 -3.1
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 5.9 95 -47 11.4 +1.1
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 5.8 24 24 7.1 -3.1
SPEM SPDR Portfolio Emerging Markets ETF 5.7 7 41 7.5 -2.8
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 5.7 44 4 10.3 +0.0
EMC Global X Emerging Markets Great Consumer ETF 5.6 75 -27 4.9 -5.4
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 5.6 32 16 7.6 -2.7
DEM WisdomTree Emerging Markets High Dividend Fund 5.5 63 -15 12.9 +2.6
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 5.5 86 -38 1.9 -8.3
IPO Renaissance IPO ETF 5.5 60 -12 -3.2 -13.5
DSTX Distillate International Fundamental Stability & Value ETF 5.5 55 -7 8.0 -2.2
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 5.5 30 18 8.5 -1.7
NDIV Amplify Natural Resources Dividend Income ETF 5.4 59 -11 9.7 -0.6
EPU iShares MSCI Peru and Global Exposure ETF 5.4 59 -11 5.5 -4.8
XCEM Columbia EM Core ex-China ETF 5.4 16 32 7.3 -2.9
VRAI Virtus Real Asset Income ETF 4.9 55 -7 8.6 -1.7
BPAY BlackRock Future Financial and Technology ETF 4.8 70 -22 8.3 -2.0
MEM Matthews Emerging Markets Equity Active ETF 4.8 79 -31 5.7 -4.6
AOTG AOT Growth and Innovation ETF 4.8 75 -27 3.0 -7.3
FM iShares Frontier and Select EM ETF 4.6 80 -32 9.5 -0.8
SDEM Global X MSCI SuperDividend Emerging Markets ETF 4.6 67 -19 17.5 +7.2
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 4.6 60 -12 10.0 -0.3
STXE Strive Emerging Markets Ex-China ETF 4.6 32 16 6.9 -3.4
XC WisdomTree Emerging Markets Ex-China Fund 4.4 32 16 6.2 -4.1
EMXC iShares MSCI Emerging Markets ex China ETF 4.4 25 23 6.7 -3.6
AVEM Avantis Emerging Markets Equity ETF 4.3 33 15 9.1 -1.2
FPXI First Trust International Equity Opportunities ETF 4.2 70 -22 3.6 -6.6
FBZ First Trust Brazil AlphaDEX Fund 4.2 80 -32 11.9 +1.6
LDEM iShares ESG MSCI EM Leaders ETF 4.1 17 31 7.7 -2.5
EMXF iShares ESG Advanced MSCI EM ETF 4.0 16 32 7.4 -2.8
RNEM First Trust Emerging Markets Equity Select ETF 4.0 75 -27 8.2 -2.0
AVES Avantis Emerging Markets Value ETF 4.0 36 12 12.1 +1.8
FEM First Trust Emerging Markets AlphaDEX Fund 3.9 80 -32 16.3 +6.0
EEMO Invesco S&P Emerging Markets Momentum ETF 3.9 29 19 6.2 -4.1
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 3.8 18 30 7.9 -2.4
ESGE iShares ESG Aware MSCI EM ETF 3.8 25 23 7.7 -2.6
MXI iShares Global Materials ETF 3.7 41 7 6.6 -3.6
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 3.7 32 16 6.3 -4.0
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 3.6 20 28 7.5 -2.8
EMFQ Amplify Emerging Markets FinTech ETF 3.6 69 -21 5.4 -4.9
PXH Invesco FTSE RAFI Emerging Markets ETF 3.5 49 -1 12.4 +2.1
UEVM VictoryShares Emerging Markets Value Momentum ETF 3.5 45 3 12.7 +2.4
SETM Sprott Energy Transition Materials ETF 3.5 65 -17 5.3 -5.0
NUEM Nuveen ESG Emerging Markets Equity ETF 3.5 36 12 6.8 -3.5
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 3.5 15 33 7.1 -3.2
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 3.4 39 9 12.5 +2.3
BNE Blue Horizon BNE ETF 3.4 87 -39 5.0 -5.3
ECH iShares MSCI Chile ETF 3.4 58 -10 10.7 +0.5
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 3.3 36 12 7.5 -2.8
CVY Invesco Zacks Multi-Asset Income ETF 3.3 106 -58 8.9 -1.4
BKEM BNY Mellon Emerging Markets Equity ETF 3.3 11 37 7.7 -2.6
AADR AdvisorShares Dorsey Wright ADR ETF 3.2 110 -62 5.4 -4.9
EEM iShares MSCI Emerging Markets ETF 3.2 69 -21 7.0 -3.3
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 3.2 66 -18 7.2 -3.1
GVAL Cambria Global Value ETF 3.2 68 -20 12.3 +2.1
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 3.1 30 18 7.5 -2.8
SCHE Schwab Emerging Markets Equity ETF 3.1 11 37 7.6 -2.7
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 3.1 90 -42 7.0 -3.3
GNR SPDR S&P Global Natural Resources ETF 3.1 40 8 9.2 -1.1
JHEM John Hancock Multifactor Emerging Markets ETF 3.1 49 -1 8.3 -1.9
BLOK Amplify Transformational Data Sharing ETF 3.0 75 -27 1.1 -9.1
VWO Vanguard FTSE Emerging Markets ETF 3.0 8 40 7.6 -2.7
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 3.0 45 3 8.6 -1.7
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 3.0 86 -38 1.9 -8.3
ROAM Hartford Multifactor Emerging Markets ETF 2.9 44 4 11.7 +1.4
ECON Columbia Emerging Markets Consumer ETF 2.9 49 -1 4.8 -5.5
LOUP Innovator Deepwater Frontier Tech ETF 2.9 70 -22 2.3 -8.0
EMMF WisdomTree Emerging Markets Multifactor Fund 2.9 48 0 9.3 -0.9
IEMG iShares Core MSCI Emerging Markets ETF 2.8 9 39 7.5 -2.8
EELV Invesco S&P Emerging Markets Low Volatility ETF 2.7 29 19 8.3 -2.0
TIME Clockwise Core Equity & Innovation ETF 2.7 95 -47 2.0 -8.3
WWJD Inspire International ETF 2.7 80 -32 7.1 -3.1
DFAE Dimensional Emerging Core Equity Market ETF 2.6 35 13 7.7 -2.6
HAP VanEck Natural Resources ETF 2.6 50 -2 9.5 -0.8
PICK iShares MSCI Global Metals & Mining Producers ETF 2.5 39 9 11.0 +0.7
VIDI Vident International Equity Strategy ETF 2.5 61 -13 11.9 +1.6
IXC iShares Global Energy ETF 2.5 44 4 8.2 -2.1
ION ProShares S&P Global Core Battery Metals ETF 2.5 58 -10 11.6 +1.3
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 2.4 88 -40 6.2 -4.1
FDEM Fidelity Emerging Markets Multifactor ETF 2.3 25 23 11.9 +1.7
EMGF iShares Emerging Markets Equity Factor ETF 2.2 25 23 8.7 -1.6
CBSE Clough Select Equity ETF 2.2 85 -37 -2.3 -12.6
SFYF SoFi Social 50 ETF 2.2 29 19 -2.6 -12.9
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 2.2 41 7 7.8 -2.5
IWTR iShares MSCI Water Management Multisector ETF 2.2 47 1 4.8 -5.4
CGXU Capital Group International Focus Equity ETF 2.2 54 -6 4.1 -6.1
JIG JPMorgan International Growth ETF 2.2 55 -7 4.3 -6.0
BKF iShares MSCI BIC ETF 2.1 69 -21 7.1 -3.2
COPX Global X Copper Miners ETF 2.1 65 -17 6.9 -3.4
DMAT Global X Disruptive Materials ETF 2.1 59 -11 9.9 -0.4
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 2.1 85 -37 8.1 -2.2
CCSO Carbon Collective Climate Solutions US Equity ETF 2.1 35 13 2.3 -8.0
DFEV Dimensional Emerging Markets Value ETF 2.1 43 5 10.9 +0.6
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 2.0 50 -2 10.5 +0.3
ARKF ARK Fintech Innovation ETF 2.0 75 -27 -2.2 -12.5
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 1.9 59 -11 9.6 -0.7
DEHP Dimensional Emerging Markets High Profitability ETF 1.9 41 7 7.3 -3.0
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.9 38 10 8.2 -2.1
FXZ First Trust Materials AlphaDEX Fund 1.9 61 -13 10.2 -0.1
KXI iShares Global Consumer Staples ETF 1.8 41 7 5.6 -4.7
CWI SPDR MSCI ACWI ex-US ETF 1.7 30 18 6.8 -3.5
RNRG Global X Renewable Energy Producers ETF 1.6 66 -18 4.9 -5.4
IXG iShares Global Financials ETF 1.6 42 6 6.8 -3.4
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 1.6 68 -20 5.3 -5.0
GDVD R3 Global Dividend Growth ETF 1.6 88 -40 5.8 -4.5
APIE ActivePassive International Equity ETF 1.6 45 3 7.7 -2.5
BLES Inspire Global Hope ETF 1.6 61 -13 6.3 -4.0
FXO First Trust Financials AlphaDEX Fund 1.6 62 -14 9.2 -1.0
GCOW Pacer Global Cash Cows Dividend ETF 1.5 60 -12 13.6 +3.4
BITQ Bitwise Crypto Industry Innovators ETF 1.5 85 -37 -4.7 -15.0
TTAI FCF International Quality ETF 1.5 59 -11 7.4 -2.9
ZSB USCF Sustainable Battery Metals Strategy Fund 1.5 61 -13 14.8 +4.5
EEMD AAM S&P Emerging Markets High Dividend Value ETF 1.4 49 -1 19.0 +8.7
REMX VanEck Rare Earth/Strategic Metals ETF 1.4 54 -6 11.9 +1.6
LITP Sprott Lithium Miners ETF 1.4 65 -17 12.4 +2.1
LIT Global X Lithium & Battery Tech ETF 1.4 75 -27 10.2 -0.1
PBW Invesco WilderHill Clean Energy ETF 1.4 66 -18 -19.8 -30.1
BATT Amplify Lithium & Battery Technology ETF 1.4 59 -11 2.9 -7.4
IYM iShares U.S. Basic Materials ETF 1.4 40 8 6.7 -3.5
GXG Global X MSCI Colombia ETF 1.4 62 -14 15.2 +5.0
FTAG First Trust Indxx Global Agriculture ETF 1.3 70 -22 9.1 -1.1
VYMI Vanguard International High Dividend Yield ETF 1.2 22 26 9.7 -0.6
DEW WisdomTree Global High Dividend Fund 1.2 58 -10 9.1 -1.2
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 1.1 58 -10 -0.3 -10.6
VEU Vanguard FTSE All-World ex-US Index Fund 1.1 8 40 7.2 -3.1
DRIV Global X Autonomous & Electric Vehicles ETF 1.1 68 -20 3.3 -6.9
CZA Invesco Zacks Mid-Cap ETF 1.1 72 -24 6.3 -3.9
MINV Matthews Asia Innovators Active ETF 1.1 79 -31 2.8 -7.4
PBD Invesco Global Clean Energy ETF 1.1 75 -27 -3.9 -14.1
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 1.0 25 23 7.0 -3.3
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 1.0 20 28 10.7 +0.4
EYLD Cambria Emerging Shareholder Yield ETF 1.0 66 -18 12.1 +1.8
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.9 42 6 6.8 -3.5
ARKW ARK Next Generation Internet ETF 0.9 87 -39 -2.9 -13.2
SRET Global X SuperDividend REIT ETF 0.9 59 -11 10.1 -0.1
RWX SPDR Dow Jones International Real Estate ETF 0.9 59 -11 7.2 -3.1
BLDG Cambria Global Real Estate ETF 0.9 60 -12 9.4 -0.9
JOET Virtus Terranova US Quality Momentum ETF 0.9 29 19 5.2 -5.1
ACWX iShares MSCI ACWI ex U.S. ETF 0.9 34 14 6.7 -3.6
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.9 46 2 8.8 -1.5
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.9 41 7 6.7 -3.6
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 0.8 49 -1 4.8 -5.5
MOO VanEck Agribusiness ETF 0.8 53 -5 9.4 -0.9
VSGX Vanguard ESG International Stock ETF 0.8 12 36 6.8 -3.5
IXUS iShares Core MSCI Total International Stock ETF 0.8 7 41 6.9 -3.4
JXI iShares Global Utilities ETF 0.8 43 5 6.7 -3.6
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.8 45 3 4.9 -5.4
JSTC Adasina Social Justice All Cap Global ETF 0.8 89 -41 4.8 -5.5
VXUS Vanguard Total International Stock ETF 0.7 7 41 7.1 -3.2
CGUS Capital Group Core Equity ETF 0.7 33 15 4.7 -5.6
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.6 10 38 8.2 -2.1
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.6 58 -10 10.1 -0.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.6 9 39 5.7 -4.6
UMMA Wahed Dow Jones Islamic World ETF 0.6 65 -17 4.3 -6.0
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.6 12 36 5.1 -5.2
EMIF iShares Emerging Markets Infrastructure ETF 0.6 60 -12 4.6 -5.7
USVT US Value ETF 0.6 49 -1 11.3 +1.0
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.6 20 28 5.6 -4.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.5 30 18 7.8 -2.5
IWP iShares Russell Mid-Cap Growth ETF 0.5 23 25 3.8 -6.4
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.5 12 36 8.7 -1.6
IYF iShares U.S. Financials ETF 0.5 40 8 6.3 -4.0
IQDE FlexShares International Quality Dividend Defensive Index ET 0.5 47 1 10.7 +0.4
AVRE Avantis Real Estate ETF 0.5 17 31 6.6 -3.6
IGRO iShares International Dividend Growth ETF 0.5 15 33 7.1 -3.2
IQDF FlexShares International Quality Dividend Index Fund 0.5 47 1 10.7 +0.4
RODE Hartford Multifactor Diversified International ETF 0.5 29 19 11.5 +1.3
JMOM JPMorgan U.S. Momentum Factor ETF 0.5 12 36 4.8 -5.5
CARZ First Trust NASDAQ Global Auto Index Fund 0.5 70 -22 3.5 -6.8
ARGT Global X MSCI Argentina ETF 0.5 59 -11 7.4 -2.9
CUT Invesco MSCI Global Timber ETF 0.5 61 -13 8.6 -1.7
DVYE iShares Emerging Markets Dividend ETF 0.5 49 -1 16.6 +6.3
SDG iShares MSCI Global Sustainable Development Goals ETF 0.5 49 -1 5.8 -4.5
WOOD iShares Global Timber & Forestry ETF 0.5 42 6 9.6 -0.7
NXTG First Trust Indxx NextG ETF 0.5 70 -22 6.0 -4.3
EXI iShares Global Industrials ETF 0.4 42 6 4.7 -5.6
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.4 47 1 5.9 -4.3
JRNY ALPS Global Travel Beneficiaries ETF 0.4 65 -17 0.0 -10.3
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.4 45 3 6.2 -4.0
EQAL Invesco Russell 1000 Equal Weight ETF 0.4 20 28 6.0 -4.3
VT Vanguard Total World Stock ETF 0.4 7 41 5.8 -4.5
SMOG VanEck Low Carbon Energy ETF 0.4 61 -13 3.0 -7.2
GINN Goldman Sachs Innovate Equity ETF 0.4 52 -4 2.7 -7.6
VFMO Vanguard U.S. Momentum Factor ETF 0.4 13 35 2.8 -7.5
CGGR Capital Group Growth ETF 0.3 39 9 3.5 -6.8
ICLN iShares Global Clean Energy ETF 0.3 41 7 4.3 -6.0
ACWI iShares MSCI ACWI ETF 0.3 32 16 5.5 -4.8
RWO SPDR Dow Jones Global Real Estate ETF 0.3 50 -2 6.9 -3.3
REET iShares Global REIT ETF 0.3 14 34 7.1 -3.1
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.3 18 30 7.6 -2.7
KOMP SPDR S&P Kensho New Economies Composite ETF 0.3 20 28 2.1 -8.2
RVRB Reverb ETF 0.3 30 18 5.0 -5.3
DFGR Dimensional Global Real Estate ETF 0.3 22 26 7.1 -3.2
VUSE Vident U.S. Equity Strategy ETF 0.3 50 -2 3.6 -6.7
FNDA Schwab Fundamental US Small Co. Index ETF 0.3 25 23 6.8 -3.5
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.3 47 1 10.3 -0.0
SCHY Schwab International Dividend Equity ETF 0.3 14 34 9.2 -1.0
GLOF iShares Global Equity Factor ETF 0.2 20 28 7.1 -3.2
IWR iShares Russell Midcap ETF 0.2 19 29 5.7 -4.6
DGT SPDR Global Dow ETF 0.2 50 -2 6.7 -3.6
JHDV John Hancock U.S. High Dividend ETF 0.2 34 14 6.5 -3.8
AFLG First Trust Active Factor Large Cap ETF 0.2 55 -7 6.2 -4.1
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.2 39 9 4.5 -5.7
LRGF iShares U.S. Equity Factor ETF 0.2 8 40 5.8 -4.5
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 36 5.7 -4.6
VYM Vanguard High Dividend Yield Index ETF 0.1 6 42 7.3 -2.9
SFY SoFi Select 500 ETF 0.1 0 48 5.2 -5.1
EPS WisdomTree U.S. LargeCap Fund 0.1 8 40 6.3 -4.0
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.1 58 -10 4.6 -5.7
AIEQ AI Powered Equity ETF 0.1 75 -27 6.1 -4.2
IWF iShares Russell 1000 Growth ETF 0.1 19 29 4.7 -5.6
VONG Vanguard Russell 1000 Growth ETF 0.1 8 40 4.8 -5.4
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.1 32 16 5.2 -5.1
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 38 5.4 -4.9
IWS iShares Russell Mid-Cap Value ETF 0.1 23 25 6.6 -3.7
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 0.1 40 8 7.1 -3.2
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 33 6.0 -4.3
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 39 5.1 -5.2
RXI iShares Global Consumer Discretionary ETF 0.1 41 7 5.5 -4.7
IXP iShares Global Comm Services ETF 0.1 42 6 5.3 -5.0
ESGG FlexShares STOXX Global ESG Select Index Fund 0.1 42 6 5.1 -5.2
IWB iShares Russell 1000 ETF 0.1 15 33 5.1 -5.1
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 9 7.3 -3.0
VONE Vanguard Russell 1000 ETF 0.1 8 40 5.2 -5.1
IWV iShares Russell 3000 ETF 0.1 20 28 5.0 -5.3
VTHR Vanguard Russell 3000 ETF 0.1 10 38 5.1 -5.2
IXJ iShares Global Healthcare ETF 0.1 42 6 6.1 -4.2
FNDB Schwab Fundamental US Broad Market Index ETF 0.1 25 23 7.1 -3.2
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -27 4.7 -5.6
RECS Columbia Research Enhanced Core ETF 0.1 15 33 5.6 -4.7
DIVB iShares Core Dividend ETF 0.1 5 43 8.0 -2.3
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 23 7.1 -3.2
ILCV iShares Morningstar Value ETF 0.0 4 44 6.7 -3.6
NANC Unusual Whales Subversive Democratic Trading ETF 0.0 75 -27 3.8 -6.5
HLAL Wahed FTSE USA Shariah ETF 0.0 50 -2 4.9 -5.3
IWY iShares Russell Top 200 Growth ETF 0.0 20 28 4.9 -5.4
ONEO SPDR Russell 1000 Momentum Focus ETF 0.0 20 28 7.1 -3.2
AVUS Avantis U.S. Equity ETF 0.0 15 33 6.0 -4.2
IWD iShares Russell 1000 Value ETF 0.0 19 29 6.5 -3.7
VONV Vanguard Russell 1000 Value ETF 0.0 8 40 6.7 -3.6
IWL iShares Russell Top 200 ETF 0.0 15 33 5.0 -5.3
VFMF Vanguard U.S. Multifactor ETF 0.0 18 30 8.7 -1.6
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 31 7.1 -3.2
NACP Impact Shares NAACP Minority Empowerment ETF 0.0 49 -1 5.0 -5.3
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.0 14 34 5.4 -4.9
JHML John Hancock Multifactor Large Cap ETF 0.0 29 19 5.6 -4.7
ILCB iShares Morningstar U.S. Equity ETF 0.0 3 45 5.3 -5.0
DFAU Dimensional US Core Equity Market ETF 0.0 12 36 5.4 -4.9
DFUS Dimensional U.S. Equity ETF 0.0 9 39 5.1 -5.1
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 31 5.7 -4.6
DUHP Dimensional US High Profitability ETF 0.0 21 27 7.0 -3.3
GVLU Gotham 1000 Value ETF 0.0 50 -2 7.4 -2.9
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.0 7 41 5.2 -5.1
VOTE TCW Transform 500 ETF 0.0 5 43 5.2 -5.1
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.0 2 46 5.2 -5.0
BKLC BNY Mellon US Large Cap Core Equity ETF 0.0 0 48 5.3 -5.0
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 37 5.2 -5.0
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 30 5.7 -4.6
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.0 25 23 5.7 -4.6
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 19 6.3 -4.0

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

  2019 2020 2021 2022 2023 2024E 2025E
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
  2023 2024E 2025E
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:

OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 13.8 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 48 bp
Equals: ALTAR Score 10.3 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.51 CATEGORY
AVERAGE		 1.39
 
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.