iShares Latin America 40 ETF
ALTAR
Score™		 9.2% info Recommen-
dation		 OVERWEIGHT
2025E    2026E
P/E
ratio		 11.5x P/Sales
ratio		 1.4x
P/BV
ratio		 1.8x Div.
yield		 3.7%


  • 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) $4,233
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 42
Wgt avg mkt cap (mns) $34,468
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 10.2 %
VALE SA-SP ADR 8.9 %
ITAU UNIBANCO HLDNG-PREF ADR 7.6 %
GRUPO MEXICO S.A.B. DE C.V. CLASS 5.7 %
PETROLEO BRASILEIRO-SPON ADR 4.8 %
GRUPO FINANCIERO BANORTE-O 4.5 %
PETROLEO BRASILEIRO S.A.-ADR 4.2 %
CREDICORP LTD 3.7 %
BANCO BRADESCO-ADR 3.2 %
AMERICA MOVIL B 3.0 %
Total 55.7 %

TOP COUNTRY EXPOSURE
BRAZIL 47.7 %
MEXICO 23.2 %
CAYMAN ISLANDS 10.2 %
CHILE 7.0 %
PERU 3.7 %
UNITED STATES 2.5 %
COLOMBIA 1.0 %




HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru January 31)
Year-to-date 1 year 5 years 10 years Since Incep.
16.1% 61.4% 13.2% 10.8% 9.6%

Market Correlations
versus... Beta R-squared
S&P500 0.65 35%
MSCI EAFE 0.91 49%
MSCI Emg. Mkts. 0.85 51%

Technical Indicators
Recent close $36.73
30d moving avg. $33.28
Annualized volatility 20.8%
Short interest (ETF) 1.3%
Relative strength (RSI) 66

Liquidity measures
Avg. volume (thou.) 4,779
Turnover 4.2%
Bid/Ask (% of price) 0.03%
ADV underlying (mns) $1,162

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 307 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™: 9.2%


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 31.2 19 29 10.2 +1.0
OTGL OTG Latin America ETF 26.1 269 -221 6.3 -2.9
EWZ iShares MSCI Brazil ETF 25.2 58 -10 10.2 +1.0
FLN First Trust Latin America AlphaDEX Fund 21.8 80 -32 8.9 -0.3
FLMX Franklin FTSE Mexico ETF 21.4 19 29 7.8 -1.4
EWW iShares MSCI Mexico ETF 21.4 50 -2 7.2 -2.0
EMDM First Trust Bloomberg Emerging Market Democracies ETF 16.4 75 -27 7.5 -1.7
FTHF First Trust Emerging Markets Human Flourishing ETF 12.8 75 -27 6.6 -2.6
FLBR Franklin FTSE Brazil ETF 12.6 19 29 11.6 +2.4
ICOP iShares Copper and Metals Mining ETF 11.2 47 1 5.2 -4.0
JIVE JPMorgan International Value ETF 10.2 55 -7 8.9 -0.3
FRDM Freedom 100 Emerging Markets ETF 9.4 49 -1 5.4 -3.8
GMET VanEck Green Metals ETF 9.2 63 -15 5.1 -4.1
SLX VanEck Steel ETF 8.3 56 -8 10.7 +1.5
XC WisdomTree Emerging Markets Ex-China Fund 8.2 32 16 5.3 -3.9
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 8.1 86 -38 0.4 -8.8
EDOG ALPS Emerging Sector Dividend Dogs ETF 8.1 60 -12 9.2 -0.0
JADE JPMorgan Active Developing Markets Equity ETF 8.0 65 -17 6.1 -3.1
EPU iShares MSCI Peru and Global Exposure ETF 7.5 59 -11 3.8 -5.4
BINV Brandes International ETF 7.2 70 -22 7.7 -1.5
DMAT Global X Disruptive Materials ETF 7.0 59 -11 4.8 -4.5
EV Mast Global Battery Recycling & Production ETF 6.9 65 -17 7.2 -2.0
EELV Invesco S&P Emerging Markets Low Volatility ETF 6.0 29 19 7.6 -1.6
MEM Matthews Emerging Markets Equity Active ETF 6.0 79 -31 6.0 -3.3
EMC Global X Emerging Markets Great Consumer ETF 5.8 75 -27 6.7 -2.5
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 5.8 86 -38 12.8 +3.6
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 5.7 32 16 5.0 -4.2
STXE Strive Emerging Markets Ex-China ETF 5.5 32 16 5.7 -3.5
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 5.4 44 4 8.9 -0.3
SPEM SPDR Portfolio Emerging Markets ETF 5.3 7 41 9.0 -0.2
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 5.2 24 24 5.8 -3.4
EMXF iShares ESG Advanced MSCI EM ETF 5.0 16 32 6.8 -2.5
AOTG AOT Growth and Innovation ETF 5.0 75 -27 1.7 -7.5
MXI iShares Global Materials ETF 4.9 41 7 5.7 -3.5
XCNY SPDR S&P Emerging Markets ex-China ETF 4.9 15 33 6.0 -3.2
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 4.9 33 15 7.7 -1.5
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 4.7 39 9 13.7 +4.4
EMXC iShares MSCI Emerging Markets ex China ETF 4.7 25 23 5.4 -3.8
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 4.7 30 18 7.1 -2.1
BATT Amplify Lithium & Battery Technology ETF 4.6 59 -11 1.6 -7.7
AVXC Avantis Emerging Markets Ex-China Equity ETF 4.6 33 15 6.4 -2.8
CGXU Capital Group International Focus Equity ETF 4.6 54 -6 4.5 -4.7
ECH iShares MSCI Chile ETF 4.6 58 -10 5.7 -3.5
TIIV AAM Todd International Intrinsic Value ETF 4.5 54 -6 9.3 +0.1
FEOE First Eagle Overseas Equity ETF 4.5 79 -31 5.6 -3.6
DEM WisdomTree Emerging Markets High Dividend Fund 4.3 63 -15 11.2 +2.0
NDIV Amplify Natural Resources Dividend Income ETF 4.2 59 -11 12.4 +3.2
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 4.0 60 -12 7.3 -1.9
ROAM Hartford Multifactor Emerging Markets ETF 4.0 44 4 9.7 +0.5
LDEM iShares ESG MSCI EM Leaders ETF 3.9 17 31 10.9 +1.7
RNEM First Trust Emerging Markets Equity Select ETF 3.8 75 -27 7.5 -1.7
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 3.6 30 18 7.7 -1.5
PXH Invesco FTSE RAFI Emerging Markets ETF 3.6 49 -1 12.9 +3.7
PICK iShares MSCI Global Metals & Mining Producers ETF 3.6 39 9 8.0 -1.2
BLOK Amplify Transformational Data Sharing ETF 3.6 75 -27 0.4 -8.8
VCLN Virtus Duff & Phelps Clean Energy ETF 3.5 59 -11 3.4 -5.8
EMMF WisdomTree Emerging Markets Multifactor Fund 3.5 48 0 5.8 -3.5
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 3.4 20 28 22,159.8 +22,150.6
EEM iShares MSCI Emerging Markets ETF 3.4 69 -21 7.7 -1.5
DSTX Distillate International Fundamental Stability & Value ETF 3.3 55 -7 6.4 -2.8
AVEM Avantis Emerging Markets Equity ETF 3.2 33 15 6.8 -2.4
BOUT Innovator IBD Breakout Opportunities ETF 3.2 81 -33 4.3 -4.9
FEGE First Eagle Global Equity ETF 3.2 79 -31 5.4 -3.8
DEXC Dimensional Emerging Markets ex China Core EquityETF 3.2 53 -5 5.7 -3.5
BKF iShares MSCI BIC ETF 3.2 69 -21 11.7 +2.5
LOUP Innovator Deepwater Frontier Tech ETF 3.2 70 -22 0.7 -8.5
UEVM VictoryShares Emerging Markets Value Momentum ETF 3.2 45 3 9.1 -0.2
XCEM Columbia EM Core ex-China ETF 3.1 16 32 6.1 -3.1
BPAY BlackRock Future Financial and Technology ETF 3.0 70 -22 6.4 -2.8
NUEM Nuveen ESG Emerging Markets Equity ETF 3.0 36 12 6.4 -2.8
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 3.0 66 -18 7.3 -1.9
ION ProShares S&P Global Core Battery Metals ETF 3.0 58 -10 5.4 -3.8
IEMG iShares Core MSCI Emerging Markets ETF 2.9 9 39 8.1 -1.1
GVAL Cambria Global Value ETF 2.9 68 -20 8.5 -0.7
AVES Avantis Emerging Markets Value ETF 2.9 36 12 9.0 -0.2
AVSE Avantis Responsible Emerging Markets Equity ETF 2.8 33 15 6.6 -2.6
WWJD Inspire International ETF 2.7 80 -32 6.0 -3.2
ECON Columbia Emerging Markets Consumer ETF 2.7 49 -1 9.3 +0.1
HAP VanEck Natural Resources ETF 2.7 50 -2 7.0 -2.2
SCHE Schwab Emerging Markets Equity ETF 2.7 11 37 9.2 0.0
FEM First Trust Emerging Markets AlphaDEX Fund 2.6 80 -32 9.7 +0.5
DINT Davis Select International ETF 2.6 55 -7 6.7 -2.5
VWO Vanguard FTSE Emerging Markets ETF 2.6 7 41 8.8 -0.4
APIE ActivePassive International Equity ETF 2.6 45 3 6.2 -3.0
BKEM BNY Mellon Emerging Markets Equity ETF 2.6 11 37 7.5 -1.7
EMM Global X Emerging Markets ex-China ETF 2.6 75 -27 5.2 -4.0
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 2.6 15 33 6.3 -2.9
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 2.6 36 12 7.6 -1.6
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 2.6 90 -42 4.2 -5.0
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 2.6 50 -2 8.6 -0.7
ESGE iShares ESG Aware MSCI EM ETF 2.6 25 23 8.1 -1.1
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 2.6 32 16 6.7 -2.5
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 2.5 45 3 8.0 -1.2
GNR SPDR S&P Global Natural Resources ETF 2.5 40 8 8.3 -0.9
FXZ First Trust Materials AlphaDEX Fund 2.5 61 -13 7.1 -2.1
COPX Global X Copper Miners ETF 2.5 65 -17 3.8 -5.5
CCSO Carbon Collective Climate Solutions US Equity ETF 2.5 35 13 1.0 -8.2
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 2.5 49 -1 4.1 -5.1
AGMI Themes Silver Miners ETF 2.5 35 13 2.7 -6.5
COPA Themes Copper Miners ETF 2.5 35 13 3.3 -6.0
STRN SMART Trend 25 ETF 2.5 59 -11 2.7 -6.6
SDEM Global X MSCI SuperDividend Emerging Markets ETF 2.5 67 -19 12.7 +3.5
DFAE Dimensional Emerging Core Equity Market ETF 2.5 35 13 7.1 -2.2
ARKF ARK Fintech Innovation ETF 2.4 75 -27 0.3 -9.0
DFEV Dimensional Emerging Markets Value ETF 2.4 43 5 9.8 +0.6
EDIV SPDR S&P Emerging Markets Dividend ETF 2.3 49 -1 8.2 -1.0
JHEM John Hancock Multifactor Emerging Markets ETF 2.3 49 -1 7.9 -1.3
EMGF iShares Emerging Markets Equity Factor ETF 2.3 25 23 9.0 -0.2
SETM Sprott Energy Transition Materials ETF 2.3 65 -17 1.3 -7.9
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 2.3 15 33 8.1 -1.1
VIDI Vident International Equity Strategy ETF 2.2 61 -13 8.6 -0.6
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 2.2 25 23 5.7 -3.5
ABLD Abacus FCF Real Assets Leaders ETF 2.2 69 -21 5.8 -3.5
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 2.2 41 7 6.8 -2.5
QMOM Alpha Architect U.S. Quantitative Momentum ETF 2.1 39 9 1.3 -8.0
CGW Invesco S&P Global Water Index ETF 2.0 57 -9 4.1 -5.1
PIO Invesco Global Water ETF 2.0 75 -27 3.7 -5.5
AQWA Global X Clean Water ETF 2.0 50 -2 4.4 -4.8
EFRA iShares Environmental Infrastructure and Industrials ETF 2.0 47 1 4.6 -4.6
FDEM Fidelity Emerging Markets Multifactor ETF 2.0 25 23 10.2 +1.0
IXC iShares Global Energy ETF 1.9 44 4 8.1 -1.1
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 1.9 49 -1 7.6 -1.6
ABLG Abacus FCF International Leaders ETF 1.9 59 -11 5.7 -3.5
IYM iShares U.S. Basic Materials ETF 1.9 40 8 4.8 -4.5
FDFF Fidelity Disruptive Finance ETF 1.9 50 -2 4.2 -5.0
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 1.8 95 -47 9.7 +0.5
EMIF iShares Emerging Markets Infrastructure ETF 1.8 60 -12 2.8 -6.5
IGF iShares Global Infrastructure ETF 1.8 41 7 4.1 -5.1
GII SPDR S&P Global Infrastructure ETF 1.8 40 8 4.1 -5.1
BLES Inspire Global Hope ETF 1.8 61 -13 5.8 -3.4
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.8 38 10 7.1 -2.1
EEMO Invesco S&P Emerging Markets Momentum ETF 1.7 29 19 6.8 -2.5
IXG iShares Global Financials ETF 1.7 42 6 5.8 -3.4
CWI SPDR MSCI ACWI ex-US ETF 1.7 30 18 6.2 -3.1
FXO First Trust Financials AlphaDEX Fund 1.7 62 -14 7.3 -2.0
DEHP Dimensional Emerging Markets High Profitability ETF 1.7 41 7 5.0 -4.2
GDIV Harbor Dividend Growth Leaders ETF 1.6 50 -2 4.2 -5.0
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.6 45 3 1.6 -7.6
SAMM Strategas Macro Momentum ETF 1.6 66 -18 1.9 -7.4
LITP Sprott Lithium Miners ETF 1.6 65 -17 1.2 -8.0
FTAG First Trust Indxx Global Agriculture ETF 1.6 70 -22 6.9 -2.3
REMX VanEck Rare Earth/Strategic Metals ETF 1.6 54 -6 2.6 -6.6
LIT Global X Lithium & Battery Tech ETF 1.6 75 -27 5.3 -3.9
ILIT iShares Lithium Miners and Producers ETF 1.6 47 1 3.8 -5.4
RNRG Global X Renewable Energy Producers ETF 1.5 66 -18 4.7 -4.5
KXI iShares Global Consumer Staples ETF 1.5 41 7 4.8 -4.4
VRAI Virtus Real Asset Income ETF 1.5 55 -7 9.0 -0.2
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 1.5 59 -11 7.1 -2.2
JHDV John Hancock U.S. High Dividend ETF 1.5 34 14 5.8 -3.4
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.5 46 2 7.6 -1.6
PBW Invesco WilderHill Clean Energy ETF 1.5 66 -18 -2.9 -12.1
TTAI FCF International Quality ETF 1.5 59 -11 6.5 -2.7
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 1.5 88 -40 7.2 -2.0
EVLU iShares MSCI Emerging Markets Value Factor ETF 1.4 35 13 11.1 +1.9
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 1.4 58 -10 -1.8 -11.0
FPXI First Trust International Equity Opportunities ETF 1.4 70 -22 3.3 -5.9
YNOT Horizon Digital Frontier ETF 1.4 75 -27 2.6 -6.6
CVAR Cultivar ETF 1.4 87 -39 6.7 -2.5
ABFL Abacus FCF Leaders ETF 1.3 59 -11 3.8 -5.4
JXI iShares Global Utilities ETF 1.3 43 5 5.1 -4.1
LIMI Themes Lithium & Battery Metal Miners ETF 1.3 35 13 3.4 -5.8
COLO Global X MSCI Colombia ETF 1.3 62 -14 15.5 +6.3
BITQ Bitwise Crypto Industry Innovators ETF 1.2 85 -37 -2.1 -11.3
CVY Invesco Zacks Multi-Asset Income ETF 1.2 106 -58 10.0 +0.8
VYMI Vanguard International High Dividend Yield ETF 1.1 17 31 7.6 -1.6
CZA Invesco Zacks Mid-Cap ETF 1.1 72 -24 6.6 -2.6
TIME Clockwise Core Equity & Innovation ETF 1.1 95 -47 3.4 -5.9
RCGE RockCreek Global Equality ETF 1.1 95 -47 5.9 -3.4
ACWX iShares MSCI ACWI ex U.S. ETF 1.1 34 14 6.2 -3.0
CCNR ALPS CoreCommodity Natural Resources ETF 1.1 39 9 6.7 -2.5
FDLS Inspire Fidelis Multi Factor ETF 1.0 76 -28 3.9 -5.3
DRIV Global X Autonomous & Electric Vehicles ETF 1.0 68 -20 4.0 -5.2
JSTC Adasina Social Justice All Cap Global ETF 1.0 89 -41 4.2 -5.0
FFTY Innovator IBD 50 ETF 1.0 80 -32 -1.7 -11.0
MID American Century Mid Cap Growth Impact ETF 1.0 45 3 3.0 -6.3
IXUS iShares Core MSCI Total International Stock ETF 0.9 7 41 6.4 -2.8
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.9 41 7 6.2 -3.0
VEU Vanguard FTSE All-World ex-US Index Fund 0.9 4 44 6.6 -2.7
IYF iShares U.S. Financials ETF 0.9 40 8 5.4 -3.8
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.9 47 1 5.4 -3.8
AADR AdvisorShares Dorsey Wright ADR ETF 0.8 110 -62 3.7 -5.5
JOET Virtus Terranova US Quality Momentum ETF 0.8 29 19 4.2 -5.0
FFND Future Fund Active ETF 0.8 100 -52 3.2 -6.1
IPAV Global X Infrastructure Development ex-U.S. ETF 0.8 55 -7 5.3 -3.9
TMAT Main Thematic Innovation ETF 0.8 164 -116 -1.5 -10.7
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.8 18 30 6.2 -3.0
FPAG FPA Global Equity ETF 0.8 49 -1 4.8 -4.4
IQDF FlexShares International Quality Dividend Index Fund 0.8 47 1 7.1 -2.1
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.8 47 1 6.6 -2.6
PBD Invesco Global Clean Energy ETF 0.7 75 -27 0.6 -8.7
RWX SPDR Dow Jones International Real Estate ETF 0.7 59 -11 6.3 -3.0
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.7 46 2 5.0 -4.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.7 20 28 4.7 -4.5
VXUS Vanguard Total International Stock ETF 0.7 5 43 6.5 -2.7
VSGX Vanguard ESG International Stock ETF 0.7 10 38 6.4 -2.8
ARGT Global X MSCI Argentina ETF 0.7 59 -11 3.0 -6.2
PTL Inspire 500 ETF 0.7 9 39 4.6 -4.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.6 9 39 4.8 -4.4
NXTG First Trust Indxx NextG ETF 0.6 70 -22 4.2 -5.1
ZSB USCF Sustainable Battery Metals Strategy Fund 0.6 61 -13 4.5 -4.7
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 0.6 40 8 5.9 -3.3
CGGR Capital Group Growth ETF 0.5 39 9 2.9 -6.4
AFLG First Trust Active Factor Large Cap ETF 0.5 55 -7 5.3 -3.9
CGDG Capital Group Dividend Growers ETF 0.5 47 1 5.2 -4.0
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.5 30 18 6.2 -3.0
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.5 12 36 4.4 -4.9
EXI iShares Global Industrials ETF 0.5 42 6 3.5 -5.8
SFYX SoFi Next 500 ETF 0.4 0 48 5.0 -4.2
BFOR ALPS Barron's 400 ETF 0.4 65 -17 4.8 -4.4
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.4 10 38 6.0 -3.2
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.4 18 30 6.7 -2.5
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.4 12 36 7.6 -1.6
ACWI iShares MSCI ACWI ETF 0.4 32 16 4.7 -4.6
SCHY Schwab International Dividend Equity ETF 0.4 14 34 8.1 -1.1
KLMT Invesco MSCI Global Climate 500 ETF 0.4 10 38 4.9 -4.3
FMDE Fidelity Enhanced Mid Cap ETF 0.4 23 25 5.2 -4.0
VT Vanguard Total World Stock ETF 0.4 6 42 5.0 -4.2
EQAL Invesco Russell 1000 Equal Weight ETF 0.4 20 28 6.2 -3.1
WRND IQ Global Equity R&D Leaders ETF 0.4 18 30 6.5 -2.7
FNDA Schwab Fundamental US Small Co. Index ETF 0.3 25 23 6.4 -2.8
QDEF FlexShares Quality Dividend Defensive Index Fund 0.3 37 11 5.2 -4.0
SDG iShares MSCI Global Sustainable Development Goals ETF 0.3 49 -1 4.7 -4.5
AVRE Avantis Real Estate ETF 0.3 17 31 6.7 -2.5
RVRB Reverb ETF 0.3 30 18 4.0 -5.2
RWO SPDR Dow Jones Global Real Estate ETF 0.3 50 -2 6.4 -2.8
GEW Cambria Global EW ETF 0.3 29 19 5.3 -4.0
VFQY Vanguard U.S. Quality Factor ETF 0.3 13 35 5.3 -3.9
REET iShares Global REIT ETF 0.3 14 34 7.0 -2.2
SMOG VanEck Low Carbon Energy ETF 0.3 61 -13 1.3 -7.9
DFGR Dimensional Global Real Estate ETF 0.2 22 26 7.2 -2.0
JMOM JPMorgan U.S. Momentum Factor ETF 0.2 12 36 3.8 -5.4
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 36 5.1 -4.1
IWY iShares Russell Top 200 Growth ETF 0.2 20 28 3.4 -5.8
IGRO iShares International Dividend Growth ETF 0.2 15 33 6.0 -3.2
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.2 12 36 3.8 -5.4
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 0.2 56 -8 5.6 -3.6
IWF iShares Russell 1000 Growth ETF 0.2 19 29 3.4 -5.9
VONG Vanguard Russell 1000 Growth ETF 0.2 7 41 3.6 -5.6
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.2 9 39 5.4 -3.8
GLOF iShares Global Equity Factor ETF 0.2 20 28 5.8 -3.4
ESGV Vanguard ESG U.S. Stock ETF 0.2 9 39 4.2 -5.0
VYM Vanguard High Dividend Yield Index ETF 0.2 6 42 6.0 -3.2
DEW WisdomTree Global High Dividend Fund 0.2 58 -10 7.0 -2.2
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.2 68 -20 6.2 -3.1
DGT State Street SPDR Global Dow ETF 0.2 50 -2 5.7 -3.5
ACWV iShares MSCI Global Min Vol Factor ETF 0.2 20 28 5.2 -4.0
VSLU Applied Finance Valuation Large Cap ETF 0.2 49 -1 4.8 -4.5
FELC Fidelity Enhanced Large Cap Core ETF 0.2 18 30 4.5 -4.7
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.2 42 6 5.5 -3.7
IWL iShares Russell Top 200 ETF 0.1 15 33 3.9 -5.3
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.1 20 28 5.6 -3.6
EQIN Columbia US Equity Income ETF 0.1 35 13 5.9 -3.3
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.1 50 -2 4.7 -4.5
RXI iShares Global Consumer Discretionary ETF 0.1 41 7 7.3 -1.9
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 38 4.6 -4.7
IXP iShares Global Comm Services ETF 0.1 42 6 5.2 -4.0
IWB iShares Russell 1000 ETF 0.1 15 33 4.2 -5.0
VONE Vanguard Russell 1000 ETF 0.1 7 41 4.3 -4.9
IWV iShares Russell 3000 ETF 0.1 20 28 4.1 -5.2
VTHR Vanguard Russell 3000 ETF 0.1 7 41 4.2 -5.0
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 33 4.5 -4.7
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.1 58 -10 3.4 -5.8
DFVX Dimensional US Large Cap Vector ETF 0.1 22 26 5.2 -4.0
IXJ iShares Global Healthcare ETF 0.1 42 6 5.7 -3.5
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.1 14 34 4.2 -5.0
IWX iShares Russell Top 200 Value ETF 0.1 20 28 5.1 -4.1
LRGF iShares U.S. Equity Factor ETF 0.1 8 40 4.8 -4.4
DUHP Dimensional US High Profitability ETF 0.1 21 27 4.9 -4.3
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.1 39 9 2.7 -6.6
HLAL Wahed FTSE USA Shariah ETF 0.1 50 -2 3.9 -5.3
IUS Invesco RAFI Strategic US ETF 0.1 19 29 5.9 -3.4
ILCV iShares Morningstar Value ETF 0.1 4 44 5.5 -3.7
NACP Impact Shares NAACP Minority Empowerment ETF 0.1 49 -1 4.0 -5.2
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.1 20 28 2.7 -6.6
IWD iShares Russell 1000 Value ETF 0.1 19 29 5.4 -3.8
VONV Vanguard Russell 1000 Value ETF 0.1 7 41 5.6 -3.6
THRO iShares U.S. Thematic Rotation Active ETF 0.1 90 -42 3.1 -6.1
XMAG Defiance Large Cap ex-Mag 7 ETF 0.0 35 13 4.5 -4.7
FBCG Fidelity Blue Chip Growth ETF 0.0 59 -11 2.3 -6.9
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.0 19 29 5.2 -4.0
GVUS Marketbeta Russell 1000 Value Equity ETF 0.0 12 36 5.6 -3.6
RAUS RACWI US ETF 0.0 15 33 4.2 -5.0
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 9 5.8 -3.5
DIVB iShares Core Dividend ETF 0.0 5 43 7.0 -2.2
AVUS Avantis U.S. Equity ETF 0.0 15 33 4.9 -4.3
JHML John Hancock Multifactor Large Cap ETF 0.0 29 19 4.6 -4.6
ILCB iShares Morningstar U.S. Equity ETF 0.0 3 45 4.2 -5.0
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 31 5.8 -3.4
DFUS Dimensional U.S. Equity ETF 0.0 9 39 4.1 -5.1
DFAU Dimensional US Core Equity Market ETF 0.0 12 36 4.3 -4.9
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 23 6.2 -3.1
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 31 4.7 -4.6
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.0 2 46 4.3 -4.9
BKLC BNY Mellon US Large Cap Core Equity ETF 0.0 0 48 4.3 -4.9
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.0 7 41 4.2 -5.0
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 19 5.4 -3.8
VOTE TCW Transform 500 ETF 0.0 5 43 4.2 -5.0
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 37 4.2 -5.0
GXLC Global X U.S. 500 ETF 0.0 2 46 4.2 -5.0
DCOR Dimensional US Core Equity 1 ETF 0.0 14 34 4.6 -4.6
EBI Longview Advantage ETF 0.0 35 13 5.6 -3.7
DXUV Dimensional US Vector Equity ETF 0.0 28 20 5.1 -4.1
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 30 4.6 -4.7
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.0 25 23 4.7 -4.5
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.0 29 19 3.8 -5.4
GVLU Gotham 1000 Value ETF 0.0 50 -2 8.0 -1.2
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.0 30 18 3.9 -5.4

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:

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 16.9 %
Divided by: Fwd. P/BV 1.7 x
Less: Expense ratio 48 bp
Equals: ALTAR Score 9.2 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.62 CATEGORY
AVERAGE		 1.54
 
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.