iShares Latin America 40 ETF
ALTAR
Score™		 9.5% info Recommen-
dation		 OVERWEIGHT
2025E    2026E
P/E
ratio		 11.6x P/Sales
ratio		 1.5x
P/BV
ratio		 1.7x Div.
yield		 3.2%


  • 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) $4,348
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 7.4 %
ITAU UNIBANCO HLDNG-PREF ADR 6.6 %
GRUPO MEXICO S.A.B. DE C.V. CLASS 5.9 %
PETROLEO BRASILEIRO-SPON ADR 5.7 %
PETROLEO BRASILEIRO S.A.-ADR 5.3 %
GRUPO FINANCIERO BANORTE-O 4.0 %
AMERICA MOVIL B 3.7 %
CREDICORP LTD 3.5 %
FOMENTO ECONOMICO MEXICANO SAB DE 3.4 %
Total 54.3 %

TOP COUNTRY EXPOSURE
BRAZIL 47.3 %
MEXICO 23.1 %
CAYMAN ISLANDS 7.4 %
CHILE 7.1 %
PERU 3.6 %
UNITED STATES 2.3 %
COLOMBIA 1.2 %




HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
14.7% 44.9% 10.3% 9.1% 9.4%

Market Correlations
versus... Beta R-squared
S&P500 1.06 34%
MSCI EAFE 1.03 51%
MSCI Emg. Mkts. 0.79 52%

Technical Indicators
Recent close $34.85
30d moving avg. $34.98
Annualized volatility 20.8%
Short interest (ETF) 1.3%
Relative strength (RSI) 49

Liquidity measures
Avg. volume (thou.) 2,812
Turnover 2.3%
Bid/Ask (% of price) 0.03%
ADV underlying (mns) $1,162

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 322 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™: 9.5%


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 30.2 19 29 10.5 +1.0
OTGL OTG Latin America ETF 27.3 269 -221 7.5 -1.9
FLMX Franklin FTSE Mexico ETF 21.6 19 29 8.4 -1.1
EWW iShares MSCI Mexico ETF 21.6 50 -2 8.0 -1.5
EWZ iShares MSCI Brazil ETF 21.2 58 -10 10.8 +1.4
FLN First Trust Latin America AlphaDEX Fund 18.9 80 -32 9.9 +0.5
EMDM First Trust Bloomberg Emerging Market Democracies ETF 14.5 75 -27 5.9 -3.5
FLBR Franklin FTSE Brazil ETF 11.6 19 29 11.9 +2.5
ICOP iShares Copper and Metals Mining ETF 10.7 47 1 5.3 -4.2
XC WisdomTree Emerging Markets Ex-China Fund 9.8 32 16 6.4 -3.1
GPT Intelligent Alpha Atlas ETF 9.4 69 -21 6.1 -3.4
GMET VanEck Green Metals ETF 9.2 63 -15 0.6 -8.9
MEM Matthews Emerging Markets Equity Active ETF 8.7 79 -31 8.1 -1.4
FTHF First Trust Emerging Markets Human Flourishing ETF 8.5 75 -27 5.3 -4.1
JADE JPMorgan Active Developing Markets Equity ETF 8.4 65 -17 5.8 -3.7
FRDM Freedom 100 Emerging Markets ETF 7.9 49 -1 5.0 -4.5
EDOG ALPS Emerging Sector Dividend Dogs ETF 7.7 60 -12 10.5 +1.0
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 7.4 86 -38 0.3 -9.2
EPU iShares MSCI Peru and Global Exposure ETF 7.3 59 -11 4.3 -5.2
SLX VanEck Steel ETF 7.0 56 -8 9.7 +0.2
BINV Brandes International ETF 7.0 70 -22 8.4 -1.0
EV Mast Global Battery Recycling & Production ETF 6.9 65 -17 6.3 -3.1
EELV Invesco S&P Emerging Markets Low Volatility ETF 6.0 29 19 8.6 -0.8
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 5.9 86 -38 13.3 +3.9
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 5.5 44 4 9.3 -0.2
CGXU Capital Group International Focus Equity ETF 5.4 54 -6 3.6 -5.8
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 5.3 33 15 6.4 -3.0
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 5.0 32 16 4.6 -4.9
FEOE First Eagle Overseas Equity ETF 4.8 79 -31 6.1 -3.4
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 4.8 24 24 5.0 -4.5
DEM WisdomTree Emerging Markets High Dividend Fund 4.7 63 -15 9.9 +0.4
SPEM SPDR Portfolio Emerging Markets ETF 4.5 7 41 9.2 -0.3
AVXC Avantis Emerging Markets Ex-China Equity ETF 4.5 33 15 5.8 -3.7
MXI iShares Global Materials ETF 4.5 41 7 5.8 -3.7
UEVM VictoryShares Emerging Markets Value Momentum ETF 4.4 45 3 9.4 -0.1
DVYE iShares Emerging Markets Dividend ETF 4.4 49 -1 17.4 +7.9
ECH iShares MSCI Chile ETF 4.3 58 -10 7.2 -2.3
EMC Global X Emerging Markets Great Consumer ETF 4.2 75 -27 6.8 -2.7
TIIV AAM Todd International Intrinsic Value ETF 4.2 54 -6 9.5 +0.1
STXE Strive Emerging Markets Ex-China ETF 4.1 32 16 4.9 -4.6
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 4.1 39 9 13.4 +3.9
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 4.0 30 18 7.3 -2.1
XCNY SPDR S&P Emerging Markets ex-China ETF 3.9 15 33 5.5 -3.9
ROAM Hartford Multifactor Emerging Markets ETF 3.9 44 4 7.3 -2.2
BATT Amplify Lithium & Battery Technology ETF 3.8 59 -11 1.8 -7.7
EMXF iShares ESG Advanced MSCI EM ETF 3.6 16 32 6.4 -3.1
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 3.6 60 -12 6.5 -3.0
PXH Invesco FTSE RAFI Emerging Markets ETF 3.6 49 -1 13.1 +3.7
LDEM iShares ESG MSCI EM Leaders ETF 3.5 17 31 12.3 +2.9
SDEM Global X MSCI SuperDividend Emerging Markets ETF 3.5 67 -19 12.4 +3.0
ABLD Abacus FCF Real Assets Leaders ETF 3.5 69 -21 6.7 -2.8
AVEM Avantis Emerging Markets Equity ETF 3.5 33 15 6.7 -2.8
VEXC Vanguard Emerging Markets Ex-China ETF 3.4 7 41 5.6 -3.9
AADR AdvisorShares Dorsey Wright ADR ETF 3.3 110 -62 3.0 -6.4
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 3.3 20 28 8.0 -1.5
DINT Davis Select International ETF 3.3 55 -7 6.0 -3.5
EMXC iShares MSCI Emerging Markets ex China ETF 3.2 25 23 4.8 -4.7
FEGE First Eagle Global Equity ETF 3.2 79 -31 6.0 -3.5
ION ProShares S&P Global Core Battery Metals ETF 3.1 58 -10 5.4 -4.1
NUEM Nuveen ESG Emerging Markets Equity ETF 3.0 36 12 5.8 -3.6
RNEM First Trust Emerging Markets Equity Select ETF 3.0 75 -27 7.9 -1.5
NDIV Amplify Natural Resources Dividend Income ETF 2.9 59 -11 11.2 +1.8
PICK iShares MSCI Global Metals & Mining Producers ETF 2.9 39 9 7.6 -1.9
JHEM John Hancock Multifactor Emerging Markets ETF 2.9 49 -1 7.2 -2.3
BKF iShares MSCI BIC ETF 2.9 69 -21 14.7 +5.2
XCEM Columbia EM Core ex-China ETF 2.9 16 32 4.7 -4.8
IPAV Global X Infrastructure Development ex-U.S. ETF 2.8 55 -7 5.6 -3.9
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 2.8 30 18 7.6 -1.9
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 2.8 66 -18 6.8 -2.6
AVSE Avantis Responsible Emerging Markets Equity ETF 2.8 33 15 6.3 -3.1
ECON Columbia Emerging Markets Consumer ETF 2.7 49 -1 6.2 -3.2
BPAY BlackRock Future Financial and Technology ETF 2.7 70 -22 5.6 -3.9
AOTG AOT Growth and Innovation ETF 2.7 75 -27 1.2 -8.3
DEXC Dimensional Emerging Markets ex China Core EquityETF 2.6 53 -5 4.8 -4.7
WWJD Inspire International ETF 2.6 80 -32 6.2 -3.2
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 2.6 90 -42 3.5 -6.0
EEM iShares MSCI Emerging Markets ETF 2.6 69 -21 7.4 -2.0
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 2.6 69 -21 7.1 -2.4
GVAL Cambria Global Value ETF 2.5 68 -20 8.6 -0.9
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 2.5 36 12 7.3 -2.2
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 2.5 15 33 8.5 -1.0
AVES Avantis Emerging Markets Value ETF 2.5 36 12 8.6 -0.8
TMAT Main Thematic Innovation ETF 2.5 164 -116 -1.9 -11.4
BJK VanEck Gaming ETF 2.5 65 -17 4.6 -4.9
BKEM BNY Mellon Emerging Markets Equity ETF 2.5 11 37 7.5 -1.9
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 2.4 45 3 7.7 -1.8
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 2.4 50 -2 7.8 -1.7
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 2.4 32 16 7.1 -2.4
LOUP Innovator Deepwater Frontier Tech ETF 2.4 70 -22 0.8 -8.6
GNR SPDR S&P Global Natural Resources ETF 2.3 40 8 8.5 -1.0
HAP VanEck Natural Resources ETF 2.3 50 -2 6.7 -2.7
FXZ First Trust Materials AlphaDEX Fund 2.3 61 -13 6.4 -3.1
COPX Global X Copper Miners ETF 2.3 65 -17 4.0 -5.5
ZIG Acquirers Fund 2.3 84 -36 20.3 +10.8
CCSO Carbon Collective Climate Solutions US Equity ETF 2.3 35 13 0.9 -8.6
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 2.3 49 -1 4.4 -5.1
AGMI Themes Silver Miners ETF 2.3 35 13 4.1 -5.4
COPA Themes Copper Miners ETF 2.3 35 13 2.9 -6.6
SGRT SMART Earnings Growth 30 ETF 2.3 59 -11 2.2 -7.3
STRN SMART Trend 25 ETF 2.3 59 -11 2.3 -7.2
ACEP ARS Core Equity ETF 2.3 45 3 3.9 -5.5
VWO Vanguard FTSE Emerging Markets ETF 2.3 7 41 9.0 -0.5
SCHE Schwab Emerging Markets Equity ETF 2.3 11 37 9.3 -0.2
BLOK Amplify Transformational Data Sharing ETF 2.3 75 -27 -0.2 -9.6
IEMG iShares Core MSCI Emerging Markets ETF 2.3 9 39 7.8 -1.6
DSTX Distillate International Fundamental Stability & Value ETF 2.3 55 -7 6.6 -2.9
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 2.3 15 33 7.6 -1.8
VICE AdvisorShares Vice ETF 2.1 99 -51 5.6 -3.9
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 2.1 49 -1 7.8 -1.7
EDIV SPDR S&P Emerging Markets Dividend ETF 2.1 49 -1 8.8 -0.7
APIE ActivePassive International Equity ETF 2.1 45 3 6.3 -3.2
ESGE iShares ESG Aware MSCI EM ETF 2.1 25 23 7.8 -1.6
OAIM OneAscent International Equity ETF 2.1 95 -47 4.4 -5.0
DFAE Dimensional Emerging Core Equity Market ETF 2.1 35 13 6.6 -2.8
SETM Sprott Energy Transition Materials ETF 2.1 65 -17 1.6 -7.9
CGW Invesco S&P Global Water Index ETF 2.0 57 -9 4.6 -4.9
PIO Invesco Global Water ETF 2.0 75 -27 4.5 -5.0
EFRA iShares Environmental Infrastructure and Industrials ETF 2.0 47 1 5.0 -4.4
IXC iShares Global Energy ETF 2.0 44 4 7.3 -2.1
FDFF Fidelity Disruptive Finance ETF 2.0 50 -2 5.6 -3.9
VIDI Vident International Equity Strategy ETF 1.9 61 -13 7.9 -1.6
MID American Century Mid Cap Growth Impact ETF 1.9 45 3 3.0 -6.5
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 1.9 25 23 5.9 -3.6
DFEV Dimensional Emerging Markets Value ETF 1.9 43 5 8.9 -0.5
YNOT Horizon Digital Frontier ETF 1.8 75 -27 2.5 -7.0
EMM Global X Emerging Markets ex-China ETF 1.8 75 -27 4.5 -5.0
FEM First Trust Emerging Markets AlphaDEX Fund 1.8 80 -32 8.7 -0.8
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.8 46 2 7.7 -1.7
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 1.8 41 7 6.6 -2.9
QMOM Alpha Architect U.S. Quantitative Momentum ETF 1.7 39 9 1.1 -8.4
SAMM Strategas Macro Momentum ETF 1.7 66 -18 3.6 -5.9
LITP Sprott Lithium Miners ETF 1.7 65 -17 0.7 -8.8
FTAG First Trust Indxx Global Agriculture ETF 1.7 70 -22 7.2 -2.3
REMX VanEck Rare Earth/Strategic Metals ETF 1.7 54 -6 2.4 -7.0
LIT Global X Lithium & Battery Tech ETF 1.7 75 -27 4.7 -4.8
ILIT iShares Lithium Miners and Producers ETF 1.7 47 1 2.9 -6.6
EEMO Invesco S&P Emerging Markets Momentum ETF 1.7 29 19 6.0 -3.5
EMGF iShares Emerging Markets Equity Factor ETF 1.7 25 23 8.4 -1.0
EMMF WisdomTree Emerging Markets Multifactor Fund 1.7 48 0 8.1 -1.4
FDEM Fidelity Emerging Markets Multifactor ETF 1.7 25 23 9.9 +0.4
ARKF ARK Fintech Innovation ETF 1.7 75 -27 0.3 -9.2
KXI iShares Global Consumer Staples ETF 1.7 41 7 5.2 -4.3
GVIP Goldman Sachs Hedge Industry VIP ETF 1.7 45 3 2.3 -7.2
BLES Inspire Global Hope ETF 1.7 61 -13 5.7 -3.8
ABLG Abacus FCF International Leaders ETF 1.7 59 -11 6.2 -3.2
JHDV John Hancock U.S. High Dividend ETF 1.6 34 14 5.7 -3.7
IYM iShares U.S. Basic Materials ETF 1.6 40 8 4.3 -5.1
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.6 38 10 6.7 -2.8
EMIF iShares Emerging Markets Infrastructure ETF 1.5 60 -12 2.8 -6.7
IGF iShares Global Infrastructure ETF 1.5 41 7 4.2 -5.3
GII SPDR S&P Global Infrastructure ETF 1.5 40 8 4.2 -5.2
CWI SPDR MSCI ACWI ex-US ETF 1.5 30 18 6.3 -3.2
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 1.5 59 -11 8.1 -1.4
PBW Invesco WilderHill Clean Energy ETF 1.5 66 -18 -2.7 -12.2
TTAI FCF International Quality ETF 1.5 59 -11 6.8 -2.7
VCLN Virtus Duff & Phelps Clean Energy ETF 1.5 59 -11 2.2 -7.2
RNRG Global X Renewable Energy Producers ETF 1.5 66 -18 4.3 -5.2
IXG iShares Global Financials ETF 1.4 42 6 6.1 -3.4
GDIV Harbor Dividend Growth Leaders ETF 1.4 50 -2 3.9 -5.5
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 1.4 56 -8 6.7 -2.7
CVAR Cultivar ETF 1.4 87 -39 7.1 -2.3
DEHP Dimensional Emerging Markets High Profitability ETF 1.4 41 7 4.5 -5.0
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 1.3 95 -47 9.7 +0.2
BITQ Bitwise Crypto Industry Innovators ETF 1.3 85 -37 -2.1 -11.5
FFF Founders 100 ETF 1.3 75 -27 2.5 -7.0
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 1.3 88 -40 7.5 -2.0
JIVE JPMorgan International Value ETF 1.2 55 -7 8.1 -1.4
JXI iShares Global Utilities ETF 1.2 43 5 5.1 -4.3
LIMI Themes Lithium & Battery Metal Miners ETF 1.2 35 13 2.6 -6.9
FRGN Horizon International Equity ETF 1.2 75 -27 7.5 -2.0
CVY Invesco Zacks Multi-Asset Income ETF 1.2 106 -58 9.8 +0.4
CZA Invesco Zacks Mid-Cap ETF 1.1 72 -24 5.8 -3.7
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 1.1 58 -10 -1.7 -11.2
VYMI Vanguard International High Dividend Yield ETF 1.1 17 31 7.9 -1.6
GURU Global X Guru Index ETF 1.1 75 -27 2.4 -7.1
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 1.0 47 1 4.9 -4.6
EVLU iShares MSCI Emerging Markets Value Factor ETF 1.0 35 13 9.8 +0.3
ABFL Abacus FCF Leaders ETF 1.0 59 -11 3.7 -5.8
COLO Global X MSCI Colombia ETF 1.0 62 -14 14.7 +5.2
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.9 41 7 5.8 -3.6
RFDA RiverFront Dynamic US Dividend Advantage ETF 0.9 52 -4 5.0 -4.4
FFND Future Fund Active ETF 0.9 100 -52 4.3 -5.2
FDLS Inspire Fidelis Multi Factor ETF 0.9 76 -28 3.1 -6.3
DRIV Global X Autonomous & Electric Vehicles ETF 0.9 68 -20 2.8 -6.6
ACWX iShares MSCI ACWI ex U.S. ETF 0.9 34 14 6.2 -3.3
RCGE RockCreek Global Equality ETF 0.8 95 -47 6.0 -3.5
VEU Vanguard FTSE All-World ex-US Index Fund 0.8 4 44 6.5 -2.9
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.8 18 30 6.2 -3.3
IQDF FlexShares International Quality Dividend Index Fund 0.8 47 1 7.3 -2.2
JOET Virtus Terranova US Quality Momentum ETF 0.8 29 19 3.7 -5.7
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.8 47 1 7.0 -2.5
IXUS iShares Core MSCI Total International Stock ETF 0.8 7 41 6.4 -3.1
PBD Invesco Global Clean Energy ETF 0.7 75 -27 0.2 -9.3
FPAG FPA Global Equity ETF 0.7 49 -1 5.8 -3.7
PTL Inspire 500 ETF 0.7 9 39 4.3 -5.1
RWX SPDR Dow Jones International Real Estate ETF 0.7 59 -11 7.0 -2.4
SDIV Global X Superdividend ETF 0.7 58 -10 13.6 +4.1
JSTC Adasina Social Justice All Cap Global ETF 0.7 89 -41 4.2 -5.3
IYF iShares U.S. Financials ETF 0.6 40 8 5.6 -3.8
CCNR ALPS CoreCommodity Natural Resources ETF 0.6 39 9 8.0 -1.4
VSGX Vanguard ESG International Stock ETF 0.6 10 38 6.4 -3.1
VXUS Vanguard Total International Stock ETF 0.6 5 43 6.5 -3.0
JIG JPMorgan International Growth ETF 0.6 55 -7 3.5 -6.0
CGGR Capital Group Growth ETF 0.6 39 9 2.5 -6.9
VUSE Vident U.S. Equity Strategy ETF 0.6 50 -2 3.7 -5.8
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 0.6 40 8 6.0 -3.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.6 9 39 4.8 -4.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.5 20 28 4.7 -4.8
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.5 10 38 8.4 -1.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.5 12 36 4.4 -5.1
SCHY Schwab International Dividend Equity ETF 0.5 14 34 8.2 -1.2
FPXI First Trust International Equity Opportunities ETF 0.5 70 -22 3.5 -6.0
ARGT Global X MSCI Argentina ETF 0.5 59 -11 3.0 -6.4
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.5 46 2 5.0 -4.5
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.4 12 36 8.4 -1.0
AFLG First Trust Active Factor Large Cap ETF 0.4 55 -7 4.9 -4.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.4 30 18 6.2 -3.2
EXI iShares Global Industrials ETF 0.4 42 6 3.6 -5.9
KLMT Invesco MSCI Global Climate 500 ETF 0.4 10 38 4.9 -4.6
NXTG First Trust Indxx NextG ETF 0.4 70 -22 3.3 -6.1
EQAL Invesco Russell 1000 Equal Weight ETF 0.4 20 28 6.0 -3.5
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.4 18 30 6.7 -2.8
QDEF FlexShares Quality Dividend Defensive Index Fund 0.4 37 11 5.4 -4.1
CARZ First Trust NASDAQ Global Auto Index Fund 0.4 70 -22 2.1 -7.4
WRND IQ Global Equity R&D Leaders ETF 0.4 18 30 4.0 -5.5
FMDE Fidelity Enhanced Mid Cap ETF 0.3 23 25 5.3 -4.2
IGRO iShares International Dividend Growth ETF 0.3 15 33 6.6 -2.8
VT Vanguard Total World Stock ETF 0.3 6 42 4.9 -4.5
ACWI iShares MSCI ACWI ETF 0.3 32 16 4.6 -4.9
AQLT iShares MSCI Global Quality Factor ETF 0.3 18 30 0.0 -9.5
AVRE Avantis Real Estate ETF 0.3 17 31 6.7 -2.8
ACWV iShares MSCI Global Min Vol Factor ETF 0.3 20 28 5.7 -3.8
GQQQ Astoria US Quality Growth Kings ETF 0.3 35 13 3.2 -6.3
FNDA Schwab Fundamental US Small Co. Index ETF 0.3 25 23 5.9 -3.6
RWO SPDR Dow Jones Global Real Estate ETF 0.3 50 -2 6.1 -3.3
SMOG VanEck Low Carbon Energy ETF 0.3 61 -13 1.2 -8.3
ICLN iShares Global Clean Energy ETF 0.3 41 7 1.7 -7.8
GEW Cambria Global EW ETF 0.3 29 19 5.3 -4.1
REET iShares Global REIT ETF 0.3 14 34 6.8 -2.7
FXO First Trust Financials AlphaDEX Fund 0.3 62 -14 8.1 -1.4
BFOR ALPS Barron's 400 ETF 0.2 65 -17 4.8 -4.6
RVRB Reverb ETF 0.2 30 18 3.8 -5.7
VFMO Vanguard U.S. Momentum Factor ETF 0.2 13 35 1.6 -7.9
DFGR Dimensional Global Real Estate ETF 0.2 22 26 6.8 -2.7
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 36 4.9 -4.6
JMOM JPMorgan U.S. Momentum Factor ETF 0.2 12 36 3.2 -6.2
SFY SoFi Select 500 ETF 0.2 0 48 3.7 -5.8
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.2 12 36 3.4 -6.0
DEW WisdomTree Global High Dividend Fund 0.2 58 -10 7.1 -2.4
DGT State Street SPDR Global Dow ETF 0.2 50 -2 5.5 -3.9
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.2 9 39 5.1 -4.4
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.2 42 6 3.9 -5.6
EQIN Columbia US Equity Income ETF 0.2 35 13 6.1 -3.4
VYM Vanguard High Dividend Yield Index ETF 0.2 6 42 6.0 -3.5
USEW Cambria US EW ETF 0.1 30 18 4.1 -5.4
IWY iShares Russell Top 200 Growth ETF 0.1 20 28 3.6 -5.9
VSLU Applied Finance Valuation Large Cap ETF 0.1 49 -1 4.9 -4.6
GINX SGI Enhanced Global Income ETF 0.1 98 -50 6.6 -2.9
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 39 4.1 -5.4
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.1 14 34 4.1 -5.3
IXP iShares Global Comm Services ETF 0.1 42 6 5.7 -3.8
VONG Vanguard Russell 1000 Growth ETF 0.1 7 41 3.6 -5.9
IWF iShares Russell 1000 Growth ETF 0.1 19 29 14.4 +5.0
RXI iShares Global Consumer Discretionary ETF 0.1 41 7 8.1 -1.3
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 33 4.5 -5.0
GLOF iShares Global Equity Factor ETF 0.1 20 28 5.5 -4.0
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 38 4.2 -5.3
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.1 20 28 5.8 -3.6
IWL iShares Russell Top 200 ETF 0.1 15 33 3.9 -5.6
IXJ iShares Global Healthcare ETF 0.1 42 6 6.3 -3.2
VONE Vanguard Russell 1000 ETF 0.1 7 41 4.2 -5.3
DFVX Dimensional US Large Cap Vector ETF 0.1 22 26 5.2 -4.3
IWB iShares Russell 1000 ETF 0.1 15 33 4.1 -5.3
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.1 58 -10 3.4 -6.1
VTHR Vanguard Russell 3000 ETF 0.1 7 41 4.1 -5.4
DUHP Dimensional US High Profitability ETF 0.1 21 27 5.1 -4.3
IWV iShares Russell 3000 ETF 0.1 20 28 4.0 -5.5
XMAG Defiance Large Cap ex-Mag 7 ETF 0.1 35 13 4.2 -5.3
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.1 50 -2 4.6 -4.9
IWX iShares Russell Top 200 Value ETF 0.1 20 28 4.9 -4.6
LRGF iShares U.S. Equity Factor ETF 0.1 8 40 4.6 -4.9
MNZL Manzil Russell Halal USA Broad MarketETF 0.1 40 8 3.7 -5.8
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.1 39 9 2.2 -7.3
ENHU iShares Enhanced Large Cap Core Active ETF 0.1 22 26 4.1 -5.4
IUS Invesco RAFI Strategic US ETF 0.1 19 29 5.5 -4.0
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.1 20 28 0.8 -8.7
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.1 32 16 3.9 -5.6
ILCV iShares Morningstar Value ETF 0.0 4 44 5.3 -4.2
HLAL Wahed FTSE USA Shariah ETF 0.0 50 -2 3.6 -5.9
IWD iShares Russell 1000 Value ETF 0.0 19 29 5.2 -4.2
NACP Impact Shares NAACP Minority Empowerment ETF 0.0 49 -1 3.6 -5.9
VONV Vanguard Russell 1000 Value ETF 0.0 7 41 5.3 -4.1
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 31 6.3 -3.2
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.0 19 29 5.0 -4.5
GVUS Marketbeta Russell 1000 Value Equity ETF 0.0 12 36 5.3 -4.2
PRF Invesco FTSE RAFI US 1000 ETF 0.0 34 14 5.5 -4.0
AVUS Avantis U.S. Equity ETF 0.0 15 33 4.7 -4.8
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.0 2 46 4.1 -5.3
BKLC BNY Mellon US Large Cap Core Equity ETF 0.0 0 48 4.1 -5.3
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.0 9 39 4.3 -5.2
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.0 7 41 4.1 -5.4
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 19 5.4 -4.1
VOTE TCW Transform 500 ETF 0.0 5 43 4.1 -5.4
RAUS RACWI US ETF 0.0 15 33 4.1 -5.4
ILCB iShares Morningstar U.S. Equity ETF 0.0 3 45 4.1 -5.4
DFUS Dimensional U.S. Equity ETF 0.0 9 39 4.0 -5.4
DIVB iShares Core Dividend ETF 0.0 5 43 6.8 -2.7
DFAU Dimensional US Core Equity Market ETF 0.0 12 36 4.3 -5.2
JHML John Hancock Multifactor Large Cap ETF 0.0 29 19 4.4 -5.1
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.0 25 23 4.8 -4.6
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 37 4.1 -5.4
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 31 4.6 -4.9
GXLC Global X U.S. 500 ETF 0.0 2 46 4.1 -5.4
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 23 6.0 -3.4
EBI Longview Advantage ETF 0.0 35 13 5.8 -3.6
DCOR Dimensional US Core Equity 1 ETF 0.0 14 34 4.5 -4.9
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 30 4.6 -4.8
DXUV Dimensional US Vector Equity ETF 0.0 28 20 5.2 -4.3
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.0 29 19 3.9 -5.5
GVLU Gotham 1000 Value ETF 0.0 50 -2 8.2 -1.3
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.0 30 18 3.7 -5.7
THRO iShares U.S. Thematic Rotation Active ETF 0.0 90 -42 3.1 -6.4

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 15.8 %
Divided by: Fwd. P/BV 1.6 x
Less: Expense ratio 48 bp
Equals: ALTAR Score 9.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.60 CATEGORY
AVERAGE		 1.53
 
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.