iShares Latin America 40 ETF
ALTAR
Score™		 9.4% info Recommen-
dation		 OVERWEIGHT
2025E    2026E
P/E
ratio		 12.0x P/Sales
ratio		 1.6x
P/BV
ratio		 1.7x Div.
yield		 3.1%


  • 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) $3,975
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
NU HOLDINGS LTD. CLASS A 8.8 %
VALE SA-SP ADR 8.0 %
ITAU UNIBANCO HLDNG-PREF ADR 6.6 %
GRUPO MEXICO S.A.B. DE C.V. CLASS 6.1 %
PETROLEO BRASILEIRO-SPON ADR 6.0 %
PETROLEO BRASILEIRO S.A.-ADR 5.6 %
GRUPO FINANCIERO BANORTE-O 4.2 %
CREDICORP LTD 3.9 %
AMERICA MOVIL B 3.1 %
FOMENTO ECONOMICO MEXICANO SAB DE 3.0 %
Total 55.1 %

TOP COUNTRY EXPOSURE
BRAZIL 46.7 %
MEXICO 21.8 %
CAYMAN ISLANDS 8.8 %
CHILE 6.3 %
PERU 3.9 %
UNITED STATES 2.5 %
LUXEMBOURG 1.4 %
COLOMBIA 1.3 %



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.
14.6% 31.9% 10.7% 7.1% 9.3%

Market Correlations
versus... Beta R-squared
S&P500 1.00 32%
MSCI EAFE 1.05 53%
MSCI Emg. Mkts. 0.59 43%

Technical Indicators
Recent close $35.97
30d moving avg. $34.45
Annualized volatility 20.8%
Short interest (ETF) 0.9%
Relative strength (RSI) 45

Liquidity measures
Avg. volume (thou.) 2,920
Turnover 2.6%
Bid/Ask (% of price) 0.03%
ADV underlying (mns) $1,162

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 367 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™: 9.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH ILF
Ticker Fund
Name		 Overlap1
vs ILF
(%)		 Expense
ratio
(bp)		 Savings
vs ILF
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs ILF
(%)
FLLA Franklin FTSE Latin America ETF 31.0 19 29 10.4 +1.0
OTGL OTG Latin America ETF 28.7 269 -221 7.5 -1.8
EWZ iShares MSCI Brazil ETF 22.8 58 -10 10.1 +0.8
FLMX Franklin FTSE Mexico ETF 20.6 19 29 9.0 -0.3
EWW iShares MSCI Mexico ETF 20.6 50 -2 8.6 -0.8
FLN First Trust Latin America AlphaDEX Fund 18.1 80 -32 9.7 +0.3
EMDM First Trust Bloomberg Emerging Market Democracies ETF 14.8 75 -27 6.0 -3.3
FLBR Franklin FTSE Brazil ETF 11.7 19 29 11.2 +1.9
ICOP iShares Copper and Metals Mining ETF 11.5 47 1 5.3 -4.1
GMET VanEck Green Metals ETF 9.6 63 -15 0.8 -8.5
XC WisdomTree Emerging Markets Ex-China Fund 9.5 32 16 6.5 -2.9
FTHF First Trust Emerging Markets Human Flourishing ETF 8.1 75 -27 5.3 -4.1
FRDM Freedom 100 Emerging Markets ETF 8.0 49 -1 5.2 -4.2
EPU iShares MSCI Peru and Global Exposure ETF 7.8 59 -11 4.2 -5.1
EDOG ALPS Emerging Sector Dividend Dogs ETF 7.8 60 -12 10.4 +1.1
SLX VanEck Steel ETF 7.7 56 -8 10.0 +0.6
JADE JPMorgan Active Developing Markets Equity ETF 7.5 65 -17 5.8 -3.5
MEM Matthews Emerging Markets Equity Active ETF 7.5 79 -31 8.5 -0.9
EV Mast Global Battery Recycling & Production ETF 6.9 65 -17 6.4 -2.9
BINV Brandes International ETF 6.3 70 -22 8.4 -1.0
ECOW Pacer Emerging Markets Cash Cows 100 ETF 6.3 70 -22 9.4 +0.1
SDEM Global X MSCI SuperDividend Emerging Markets ETF 6.0 67 -19 12.0 +2.7
EMC Global X Emerging Markets Great Consumer ETF 5.6 75 -27 7.1 -2.3
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 5.6 86 -38 0.2 -9.1
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 5.3 44 4 9.2 -0.2
NDIV Amplify Natural Resources Dividend Income ETF 5.1 59 -11 10.9 +1.6
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 5.0 32 16 4.6 -4.8
FEOE First Eagle Overseas Equity ETF 4.9 79 -31 6.0 -3.3
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 4.9 33 15 6.6 -2.8
EEMO Invesco S&P Emerging Markets Momentum ETF 4.8 29 19 6.3 -3.1
SPEM SPDR Portfolio Emerging Markets ETF 4.7 7 41 9.4 +0.0
DVYE iShares Emerging Markets Dividend ETF 4.7 49 -1 16.7 +7.4
BATT Amplify Lithium & Battery Technology ETF 4.5 59 -11 2.0 -7.3
TIIV AAM Todd International Intrinsic Value ETF 4.5 54 -6 9.4 +0.1
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 4.5 24 24 5.0 -4.4
MXI iShares Global Materials ETF 4.4 41 7 5.9 -3.5
DEM WisdomTree Emerging Markets High Dividend Fund 4.4 63 -15 9.8 +0.5
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 4.4 86 -38 13.8 +4.5
UEVM VictoryShares Emerging Markets Value Momentum ETF 4.4 45 3 9.5 +0.2
STXE Strive Emerging Markets Ex-China ETF 4.3 32 16 5.0 -4.3
AVXC Avantis Emerging Markets Ex-China Equity ETF 4.2 33 15 5.9 -3.5
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 4.2 30 18 7.3 -2.0
XCNY SPDR S&P Emerging Markets ex-China ETF 4.2 15 33 5.5 -3.8
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 4.2 39 9 13.1 +3.7
EMXF iShares ESG Advanced MSCI EM ETF 3.9 16 32 6.5 -2.9
SETM Sprott Energy Transition Materials ETF 3.9 65 -17 1.8 -7.6
ROAM Hartford Multifactor Emerging Markets ETF 3.9 44 4 7.3 -2.0
CGXU Capital Group International Focus Equity ETF 3.9 54 -6 3.7 -5.7
OAIM OneAscent International Equity ETF 3.9 95 -47 4.3 -5.1
ECH iShares MSCI Chile ETF 3.9 58 -10 7.7 -1.7
ABLD Abacus FCF Real Assets Leaders ETF 3.9 69 -21 6.4 -3.0
PXH Invesco FTSE RAFI Emerging Markets ETF 3.8 49 -1 13.0 +3.6
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 3.7 60 -12 6.6 -2.8
EMXC iShares MSCI Emerging Markets ex China ETF 3.6 25 23 4.9 -4.5
LOUP Innovator Deepwater Frontier Tech ETF 3.6 70 -22 1.0 -8.3
LDEM iShares ESG MSCI EM Leaders ETF 3.6 17 31 12.6 +3.2
BKF iShares MSCI BIC ETF 3.4 69 -21 15.1 +5.8
VEXC Vanguard Emerging Markets Ex-China ETF 3.4 7 41 5.5 -3.8
AVEM Avantis Emerging Markets Equity ETF 3.4 33 15 6.9 -2.5
PID Invesco International Dividend Achievers ETF 3.3 53 -5 4.2 -5.2
QMOM Alpha Architect U.S. Quantitative Momentum ETF 3.3 39 9 1.2 -8.1
PICK iShares MSCI Global Metals & Mining Producers ETF 3.3 39 9 7.9 -1.5
FEGE First Eagle Global Equity ETF 3.2 79 -31 5.9 -3.5
EELV Invesco S&P Emerging Markets Low Volatility ETF 3.1 29 19 8.7 -0.6
IPAV Global X Infrastructure Development ex-U.S. ETF 3.1 55 -7 5.9 -3.4
AOTG AOT Growth and Innovation ETF 3.1 75 -27 1.2 -8.2
BJK VanEck Gaming ETF 3.1 65 -17 4.6 -4.7
DINT Davis Select International ETF 3.1 55 -7 6.1 -3.3
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 3.0 30 18 7.8 -1.6
BLOK Amplify Transformational Data Sharing ETF 2.9 75 -27 -0.1 -9.5
EEM iShares MSCI Emerging Markets ETF 2.9 69 -21 7.7 -1.7
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 2.9 69 -21 7.6 -1.8
RNEM First Trust Emerging Markets Equity Select ETF 2.9 75 -27 7.8 -1.5
HAP VanEck Natural Resources ETF 2.8 50 -2 6.2 -3.1
AVSE Avantis Responsible Emerging Markets Equity ETF 2.7 33 15 6.5 -2.9
XCEM Columbia EM Core ex-China ETF 2.6 16 32 4.8 -4.6
JHEM John Hancock Multifactor Emerging Markets ETF 2.6 49 -1 7.3 -2.0
AADR AdvisorShares Dorsey Wright ADR ETF 2.6 110 -62 3.1 -6.2
IEMG iShares Core MSCI Emerging Markets ETF 2.6 9 39 8.0 -1.3
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 2.5 90 -42 3.4 -5.9
BPAY BlackRock Future Financial and Technology ETF 2.5 70 -22 5.1 -4.3
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 2.5 66 -18 7.3 -2.0
AGMI Themes Silver Miners ETF 2.5 35 13 3.6 -5.7
ACEP ARS Core Equity ETF 2.5 45 3 4.0 -5.4
FXZ First Trust Materials AlphaDEX Fund 2.5 61 -13 6.5 -2.8
COPA Themes Copper Miners ETF 2.5 35 13 2.8 -6.6
STRN SMART Trend 25 ETF 2.5 59 -11 2.5 -6.8
COPX Global X Copper Miners ETF 2.5 65 -17 4.0 -5.4
CCSO Carbon Collective Climate Solutions US Equity ETF 2.5 35 13 1.0 -8.3
EMMF WisdomTree Emerging Markets Multifactor Fund 2.5 48 0 8.4 -0.9
APIE ActivePassive International Equity ETF 2.5 45 3 6.3 -3.0
DEXC Dimensional Emerging Markets ex China Core EquityETF 2.5 53 -5 4.9 -4.5
SCHE Schwab Emerging Markets Equity ETF 2.4 11 37 9.3 -0.1
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 2.4 50 -2 7.9 -1.5
COLO Global X MSCI Colombia ETF 2.4 62 -14 12.9 +3.5
ESGE iShares ESG Aware MSCI EM ETF 2.4 25 23 8.0 -1.3
VWO Vanguard FTSE Emerging Markets ETF 2.4 7 41 9.1 -0.3
DFAE Dimensional Emerging Core Equity Market ETF 2.3 35 13 6.8 -2.5
GNR SPDR S&P Global Natural Resources ETF 2.3 40 8 7.8 -1.5
GVAL Cambria Global Value ETF 2.2 68 -20 8.0 -1.4
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 2.2 36 12 7.4 -1.9
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 2.2 25 23 5.9 -3.5
BKEM BNY Mellon Emerging Markets Equity ETF 2.2 11 37 23.9 +14.5
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 2.2 32 16 7.4 -1.9
WWJD Inspire International ETF 2.2 80 -32 6.1 -3.2
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 2.2 45 3 7.9 -1.5
TMAT Main Thematic Innovation ETF 2.2 164 -116 -2.0 -11.3
IXC iShares Global Energy ETF 2.1 44 4 6.7 -2.6
OSEA Harbor International Compounders ETF 2.1 55 -7 4.5 -4.9
NUEM Nuveen ESG Emerging Markets Equity ETF 2.1 36 12 5.7 -3.6
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 2.1 41 7 6.8 -2.6
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 2.1 15 33 7.9 -1.5
AVES Avantis Emerging Markets Value ETF 2.1 36 12 8.9 -0.5
FFND Future Fund Active ETF 2.0 100 -52 4.4 -5.0
EMGF iShares Emerging Markets Equity Factor ETF 2.0 25 23 8.7 -0.7
ECON Columbia Emerging Markets Consumer ETF 2.0 49 -1 6.4 -3.0
GVIP Goldman Sachs Hedge Industry VIP ETF 2.0 45 3 2.5 -6.9
DFEV Dimensional Emerging Markets Value ETF 2.0 43 5 9.0 -0.4
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 1.9 49 -1 7.8 -1.6
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 1.9 15 33 8.8 -0.6
ARKF ARK Fintech Innovation ETF 1.9 75 -27 0.2 -9.2
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.9 38 10 6.8 -2.5
FFTY Innovator IBD 50 ETF 1.9 80 -32 0.1 -9.3
BOUT Innovator IBD Breakout Opportunities ETF 1.9 81 -33 3.2 -6.1
FEM First Trust Emerging Markets AlphaDEX Fund 1.8 80 -32 8.5 -0.9
DEHP Dimensional Emerging Markets High Profitability ETF 1.8 41 7 4.7 -4.6
CGW Invesco S&P Global Water Index ETF 1.8 57 -9 4.6 -4.7
PIO Invesco Global Water ETF 1.8 75 -27 4.7 -4.7
EFRA iShares Environmental Infrastructure and Industrials ETF 1.8 47 1 5.2 -4.2
JHDV John Hancock U.S. High Dividend ETF 1.8 34 14 5.9 -3.5
FDFF Fidelity Disruptive Finance ETF 1.8 50 -2 5.1 -4.3
SMOG VanEck Low Carbon Energy ETF 1.8 61 -13 1.3 -8.1
RNRG Global X Renewable Energy Producers ETF 1.8 66 -18 4.9 -4.5
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.8 46 2 7.3 -2.1
IYM iShares U.S. Basic Materials ETF 1.8 40 8 4.5 -4.9
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 1.8 49 -1 4.6 -4.7
VCLN Virtus Duff & Phelps Clean Energy ETF 1.8 59 -11 2.7 -6.7
ABLG Abacus FCF International Leaders ETF 1.7 59 -11 6.6 -2.7
FDEM Fidelity Emerging Markets Multifactor ETF 1.7 25 23 10.2 +0.9
LITP Sprott Lithium Miners ETF 1.6 65 -17 1.3 -8.1
REMX VanEck Rare Earth/Strategic Metals ETF 1.6 54 -6 3.5 -5.9
ILIT iShares Lithium Miners and Producers ETF 1.6 47 1 4.3 -5.0
LIT Global X Lithium & Battery Tech ETF 1.6 75 -27 5.6 -3.7
FTAG First Trust Indxx Global Agriculture ETF 1.6 70 -22 6.7 -2.6
MID American Century Mid Cap Growth Impact ETF 1.6 45 3 3.0 -6.3
KXI iShares Global Consumer Staples ETF 1.6 41 7 5.5 -3.9
CWI SPDR MSCI ACWI ex-US ETF 1.6 30 18 6.3 -3.1
LIMI Themes Lithium & Battery Metal Miners ETF 1.5 35 13 3.5 -5.9
ION ProShares S&P Global Core Battery Metals ETF 1.5 58 -10 6.4 -2.9
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 1.5 95 -47 9.4 +0.0
TTAI FCF International Quality ETF 1.5 59 -11 7.1 -2.3
CZA Invesco Zacks Mid-Cap ETF 1.5 72 -24 5.8 -3.5
GDIV Harbor Dividend Growth Leaders ETF 1.5 50 -2 4.0 -5.3
LOGO Alpha Brands Consumption Leaders ETF 1.5 69 -21 2.7 -6.6
IXG iShares Global Financials ETF 1.5 42 6 5.8 -3.6
TDIV First Trust NASDAQ Technology Dividend Index Fund 1.4 50 -2 4.8 -4.6
YNOT Horizon Digital Frontier ETF 1.4 75 -27 2.6 -6.8
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 1.4 59 -11 8.3 -1.1
EMM Global X Emerging Markets ex-China ETF 1.4 75 -27 4.5 -4.8
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 1.4 58 -10 -2.0 -11.3
JIG JPMorgan International Growth ETF 1.4 55 -7 3.6 -5.7
IYZ iShares U.S. Telecommunications ETF 1.4 40 8 5.8 -3.5
IMOM Alpha Architect International Quantitative Momentum ETF 1.4 49 -1 4.5 -4.8
NEWZ StockSnips AI-Powered Sentiment US All Cap ETF 1.4 65 -17 5.2 -4.2
HYP Golden Eagle Dynamic Hypergrowth ETF 1.4 85 -37 -0.8 -10.1
DIV Global X SuperDividend US ETF 1.4 45 3 9.5 +0.2
VIDI Vident International Equity Strategy ETF 1.4 61 -13 7.9 -1.5
GURU Global X Guru Index ETF 1.3 75 -27 2.4 -7.0
FFF Founders 100 ETF 1.3 75 -27 2.4 -7.0
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 1.3 88 -40 8.5 -0.9
BLES Inspire Global Hope ETF 1.3 61 -13 5.7 -3.7
JXI iShares Global Utilities ETF 1.3 43 5 5.5 -3.9
FRGN Horizon International Equity ETF 1.3 75 -27 7.7 -1.7
GII SPDR S&P Global Infrastructure ETF 1.3 40 8 4.5 -4.9
IGF iShares Global Infrastructure ETF 1.3 41 7 4.5 -4.9
EMIF iShares Emerging Markets Infrastructure ETF 1.3 60 -12 2.9 -6.5
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 1.3 56 -8 6.8 -2.6
EVLU iShares MSCI Emerging Markets Value Factor ETF 1.2 35 13 9.8 +0.5
ABFL Abacus FCF Leaders ETF 1.2 59 -11 4.0 -5.3
DRIV Global X Autonomous & Electric Vehicles ETF 1.2 68 -20 3.5 -5.9
PBW Invesco WilderHill Clean Energy ETF 1.2 66 -18 -3.3 -12.6
JSTC Adasina Social Justice All Cap Global ETF 1.2 89 -41 4.3 -5.0
FFOX FundX Future Fund Opportunities ETF 1.2 100 -52 2.6 -6.7
EWD iShares MSCI Sweden ETF 1.1 54 -6 5.1 -4.3
VYMI Vanguard International High Dividend Yield ETF 1.1 17 31 7.6 -1.8
ROE Astoria US Quality Kings ETF 1.0 49 -1 5.3 -4.1
FDLS Inspire Fidelis Multi Factor ETF 1.0 76 -28 3.1 -6.3
EYLD Cambria Emerging Shareholder Yield ETF 1.0 66 -18 8.4 -0.9
RFDA RiverFront Dynamic US Dividend Advantage ETF 1.0 52 -4 5.0 -4.4
RODM Hartford Multifactor Developed Markets (ex-US) ETF 1.0 29 19 6.9 -2.5
ACWX iShares MSCI ACWI ex U.S. ETF 1.0 34 14 6.2 -3.1
RCGE RockCreek Global Equality ETF 1.0 95 -47 5.9 -3.4
BITQ Bitwise Crypto Industry Innovators ETF 0.9 85 -37 -2.2 -11.5
IQDF FlexShares International Quality Dividend Index Fund 0.9 47 1 7.2 -2.1
CCNR ALPS CoreCommodity Natural Resources ETF 0.9 39 9 7.8 -1.5
CVY Invesco Zacks Multi-Asset Income ETF 0.9 106 -58 9.7 +0.4
PBD Invesco Global Clean Energy ETF 0.9 75 -27 0.4 -9.0
EQAL Invesco Russell 1000 Equal Weight ETF 0.9 20 28 6.1 -3.3
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.9 47 1 5.0 -4.4
IXUS iShares Core MSCI Total International Stock ETF 0.8 7 41 6.5 -2.9
VUSE Vident U.S. Equity Strategy ETF 0.8 50 -2 3.8 -5.6
PTL Inspire 500 ETF 0.8 9 39 4.6 -4.8
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.8 18 30 6.8 -2.5
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.8 47 1 7.0 -2.4
IYF iShares U.S. Financials ETF 0.8 40 8 5.4 -3.9
VEU Vanguard FTSE All-World ex-US Index Fund 0.8 4 44 6.6 -2.8
FPAG FPA Global Equity ETF 0.8 49 -1 5.6 -3.8
AESR Anfield U.S. Equity Sector Rotation ETF 0.8 108 -60 2.9 -6.4
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.8 41 7 5.9 -3.4
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.7 18 30 6.2 -3.2
RWX SPDR Dow Jones International Real Estate ETF 0.7 59 -11 7.3 -2.1
BLDG Cambria Global Real Estate ETF 0.7 60 -12 11.1 +1.8
VFMO Vanguard U.S. Momentum Factor ETF 0.7 13 35 1.7 -7.6
CGGR Capital Group Growth ETF 0.7 39 9 2.6 -6.7
JOET Virtus Terranova US Quality Momentum ETF 0.7 29 19 3.9 -5.5
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.6 46 2 5.4 -4.0
VXUS Vanguard Total International Stock ETF 0.6 5 43 6.5 -2.9
VSGX Vanguard ESG International Stock ETF 0.6 10 38 6.4 -2.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.6 20 28 4.7 -4.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.6 9 39 4.8 -4.6
QDF FlexShares Quality Dividend Index Fund 0.6 37 11 5.3 -4.0
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 0.6 15 33 7.5 -1.9
CARZ First Trust NASDAQ Global Auto Index Fund 0.5 70 -22 2.4 -6.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.5 12 36 4.4 -4.9
SDIV Global X Superdividend ETF 0.5 58 -10 13.8 +4.4
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.5 10 38 8.8 -0.6
GQI Natixis Gateway Quality Income ETF 0.5 34 14 4.7 -4.7
SCHY Schwab International Dividend Equity ETF 0.5 14 34 8.4 -0.9
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.5 12 36 8.8 -0.5
NXTG First Trust Indxx NextG ETF 0.5 70 -22 3.4 -6.0
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.5 24 24 7.1 -2.2
GINX SGI Enhanced Global Income ETF 0.5 98 -50 6.3 -3.0
JMOM JPMorgan U.S. Momentum Factor ETF 0.4 12 36 3.4 -6.0
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.4 30 18 6.2 -3.1
LVHI Franklin International Low Volatility High Dividend Index ET 0.4 40 8 7.4 -2.0
AFLG First Trust Active Factor Large Cap ETF 0.4 55 -7 5.0 -4.4
QDEF FlexShares Quality Dividend Defensive Index Fund 0.4 37 11 5.4 -4.0
ARGT Global X MSCI Argentina ETF 0.4 59 -11 3.2 -6.1
KLMT Invesco MSCI Global Climate 500 ETF 0.4 10 38 4.9 -4.5
EXI iShares Global Industrials ETF 0.4 42 6 3.7 -5.7
IGRO iShares International Dividend Growth ETF 0.4 15 33 6.6 -2.8
ACWI iShares MSCI ACWI ETF 0.4 32 16 4.6 -4.8
GQQQ Astoria US Quality Growth Kings ETF 0.4 35 13 3.4 -6.0
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.4 20 28 6.0 -3.4
WRND IQ Global Equity R&D Leaders ETF 0.3 18 30 4.1 -5.3
IXP iShares Global Comm Services ETF 0.3 42 6 5.8 -3.6
VT Vanguard Total World Stock ETF 0.3 6 42 4.9 -4.4
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.3 15 33 5.0 -4.3
FMDE Fidelity Enhanced Mid Cap ETF 0.3 23 25 5.3 -4.1
AVRE Avantis Real Estate ETF 0.3 17 31 7.1 -2.3
VFMF Vanguard U.S. Multifactor ETF 0.3 18 30 6.3 -3.1
AQLT iShares MSCI Global Quality Factor ETF 0.3 18 30 0.0 -9.4
ACWV iShares MSCI Global Min Vol Factor ETF 0.3 20 28 5.6 -3.8
FNDA Schwab Fundamental US Small Co. Index ETF 0.3 25 23 6.1 -3.2
GEW Cambria Global EW ETF 0.3 29 19 5.3 -4.1
RWO SPDR Dow Jones Global Real Estate ETF 0.3 50 -2 6.4 -2.9
REET iShares Global REIT ETF 0.3 14 34 7.1 -2.2
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.3 30 18 7.6 -1.8
DEUS Xtrackers Russell US Multifactor ETF 0.3 17 31 6.4 -2.9
BFOR ALPS Barron's 400 ETF 0.3 65 -17 21.6 +12.3
LRGF iShares U.S. Equity Factor ETF 0.3 8 40 4.6 -4.8
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.3 20 28 0.8 -8.5
ONEY State Street SPDR Russell 1000 Yield Focus ETF 0.2 20 28 8.5 -0.8
DFGR Dimensional Global Real Estate ETF 0.2 22 26 7.2 -2.2
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.2 42 6 4.1 -5.2
FLQL Franklin LibertyQ U.S. Equity ETF 0.2 15 33 4.6 -4.8
SFY SoFi Select 500 ETF 0.2 0 48 3.7 -5.6
RVRB Reverb ETF 0.2 30 18 3.9 -5.5
JIVE JPMorgan International Value ETF 0.2 55 -7 7.8 -1.6
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 36 4.9 -4.5
VYM Vanguard High Dividend Yield Index ETF 0.2 6 42 6.0 -3.3
DGT State Street SPDR Global Dow ETF 0.2 50 -2 5.5 -3.8
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.2 9 39 5.2 -4.2
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.2 4 44 17.2 +7.9
IWY iShares Russell Top 200 Growth ETF 0.2 20 28 3.8 -5.5
DEW WisdomTree Global High Dividend Fund 0.2 58 -10 7.0 -2.4
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.2 14 34 4.1 -5.2
USEW Cambria US EW ETF 0.2 30 18 4.1 -5.2
STXM Strive Mid-Cap ETF 0.2 18 30 6.0 -3.3
ESGV Vanguard ESG U.S. Stock ETF 0.2 9 39 4.1 -5.2
VONG Vanguard Russell 1000 Growth ETF 0.2 7 41 3.8 -5.5
IWF iShares Russell 1000 Growth ETF 0.2 19 29 15.4 +6.0
EQIN Columbia US Equity Income ETF 0.2 35 13 6.0 -3.4
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.2 12 36 3.7 -5.7
AVIV Avantis International Large Cap Value ETF 0.1 25 23 6.7 -2.7
VSLU Applied Finance Valuation Large Cap ETF 0.1 49 -1 4.9 -4.5
RXI iShares Global Consumer Discretionary ETF 0.1 41 7 8.7 -0.7
IWL iShares Russell Top 200 ETF 0.1 15 33 3.9 -5.5
GLOF iShares Global Equity Factor ETF 0.1 20 28 5.5 -3.9
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 38 4.2 -5.1
SMMD iShares Russell 2500 ETF 0.1 15 33 5.5 -3.8
VONE Vanguard Russell 1000 ETF 0.1 7 41 4.2 -5.1
IWB iShares Russell 1000 ETF 0.1 15 33 4.2 -5.2
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.1 29 19 4.0 -5.3
VTHR Vanguard Russell 3000 ETF 0.1 7 41 4.1 -5.2
IWV iShares Russell 3000 ETF 0.1 20 28 4.0 -5.4
ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF 0.1 20 28 7.3 -2.0
JVAL JPMorgan U.S. Value Factor ETF 0.1 12 36 6.6 -2.8
IMTM iShares MSCI Intl Momentum Factor ETF 0.1 30 18 4.6 -4.8
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.1 58 -10 3.6 -5.7
IXJ iShares Global Healthcare ETF 0.1 42 6 6.2 -3.2
XMAG Defiance Large Cap ex-Mag 7 ETF 0.1 35 13 4.3 -5.1
DUHP Dimensional US High Profitability ETF 0.1 21 27 5.4 -4.0
IWS iShares Russell Mid-Cap Value ETF 0.1 23 25 5.9 -3.4
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 36 5.1 -4.2
AVDE Avantis International Equity ETF 0.1 23 25 6.1 -3.3
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.1 25 23 6.3 -3.1
DMXF iShares ESG Advanced MSCI EAFE ETF 0.1 12 36 4.8 -4.6
ENHU iShares Enhanced Large Cap Core Active ETF 0.1 22 26 4.1 -5.3
MNZL Manzil Russell Halal USA Broad MarketETF 0.1 40 8 3.9 -5.5
IWR iShares Russell Midcap ETF 0.1 19 29 5.3 -4.0
AVSD Avantis Responsible International Equity ETF 0.1 23 25 5.8 -3.5
IWD iShares Russell 1000 Value ETF 0.1 19 29 5.1 -4.3
VONV Vanguard Russell 1000 Value ETF 0.1 7 41 5.2 -4.2
IEUR iShares Core MSCI Europe ETF 0.1 11 37 6.4 -3.0
ILCV iShares Morningstar Value ETF 0.1 4 44 5.1 -4.2
EFG iShares MSCI EAFE Growth ETF 0.1 36 12 3.8 -5.5
IWX iShares Russell Top 200 Value ETF 0.1 20 28 4.7 -4.7
NACP Impact Shares NAACP Minority Empowerment ETF 0.1 49 -1 3.6 -5.7
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.1 30 18 3.7 -5.7
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.1 32 16 3.9 -5.5
HLAL Wahed FTSE USA Shariah ETF 0.1 50 -2 3.6 -5.8
IUS Invesco RAFI Strategic US ETF 0.1 19 29 5.3 -4.0
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 29 5.0 -4.4
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.1 46 2 5.4 -4.0
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.1 9 39 4.3 -5.0
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.0 20 28 5.5 -3.9
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 37 4.1 -5.2
EFA iShares MSCI EAFE ETF 0.0 35 13 5.6 -3.7
HEFA iShares Currency Hedged MSCI EAFE ETF 0.0 35 13 5.7 -3.7
DFVX Dimensional US Large Cap Vector ETF 0.0 22 26 5.3 -4.1
IEFA iShares Core MSCI EAFE ETF 0.0 7 41 5.9 -3.4
RAUS RACWI US ETF 0.0 15 33 4.1 -5.2
STXV Strive 1000 Value ETF 0.0 18 30 6.6 -2.7
DIVB iShares Core Dividend ETF 0.0 5 43 6.3 -3.0
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 44 5.9 -3.5
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.0 36 12 5.2 -4.2
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.0 2 46 4.2 -5.2
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 19 5.6 -3.8
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.0 7 41 4.1 -5.3
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.0 25 23 6.0 -3.4
GXLC Global X U.S. 500 ETF 0.0 2 46 4.1 -5.3
VOTE TCW Transform 500 ETF 0.0 5 43 4.1 -5.3
BKLC BNY Mellon US Large Cap Core Equity ETF 0.0 0 48 12.4 +3.1
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 27 3.0 -6.4
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 3 6.5 -2.9
ILCB iShares Morningstar U.S. Equity ETF 0.0 3 45 4.1 -5.3
DFUS Dimensional U.S. Equity ETF 0.0 9 39 4.1 -5.3
EFV iShares MSCI EAFE Value ETF 0.0 34 14 7.2 -2.2
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 31 4.6 -4.7
DFAU Dimensional US Core Equity Market ETF 0.0 12 36 4.3 -5.1
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.0 20 28 5.6 -3.8
AVUS Avantis U.S. Equity ETF 0.0 15 33 4.7 -4.6
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.0 25 23 4.8 -4.5
PRF Invesco FTSE RAFI US 1000 ETF 0.0 34 14 5.4 -3.9
JHML John Hancock Multifactor Large Cap ETF 0.0 29 19 4.5 -4.9
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 -4.8
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 30 4.6 -4.7
TOK iShares MSCI Kokusai ETF 0.0 26 22 4.3 -5.1
KOKU Xtrackers MSCI Kokusai Equity ETF 0.0 9 39 4.4 -5.0
FENI Fidelity Enhanced International ETF 0.0 28 20 5.7 -3.7
DXUV Dimensional US Vector Equity ETF 0.0 28 20 5.1 -4.2
URTH iShares MSCI World ETF 0.0 24 24 4.3 -5.1
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 18 5.1 -4.3
GPT Intelligent Alpha Atlas ETF 0.0 69 -21 6.2 -3.2

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 9.4 %
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.