iShares S&P 500 Value ETF
ALTAR
Score™
6.3% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
23.0x P/Sales
ratio
1.9x
P/BV
ratio
2.4x Div.
yield
2.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares S&P 500 Value Index Fund seeks investment results that correspond to the price and yield performance of U.S. large-cap value stocks as represented by the S&P 500/Citigroup Value Index, based on a multifactor methodology.

FUND BASICS
Category US Equities
Fund Sponsor Barclays Global Investors
Website www.ishares.com
Inception date May 22, 2000
Assets (mns) $19,017
Currency USD
Expense ratio 18 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian State Street Bank & Trust
Weighting Market Cap
Index replication n/a
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 438
Wgt avg mkt cap (mns) $142,272
Large cap (>$10bn) 97.2%
Mid cap ($2-10bn) 2.9%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
BERKSHIRE HATHAWAY INC-CL B 3.0 %
JPMORGAN CHASE & CO 2.8 %
WALT DISNEY CO/THE 2.0 %
JOHNSON & JOHNSON 1.7 %
BANK OF AMERICA CORP 1.6 %
VERIZON COMMUNICATIONS INC 1.6 %
INTEL CORP 1.5 %
AT&T INC 1.4 %
PFIZER INC 1.3 %
EXXON MOBIL CORP 1.3 %
Total 18.2 %

TOP COUNTRY EXPOSURE
UNITED STATES 94.3 %
IRELAND 2.4 %
BRITAIN 1.2 %
SWITZERLAND 0.7 %
BERMUDA 0.1 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
1.2% 1.2% 10.3% 10.5% 6.1%

Market Correlations
versus... Beta R-squared
S&P500 1.01 94%
MSCI EAFE 0.98 87%
MSCI Emg. Mkts. 0.78 71%

Technical Indicators
Recent close $130.97
30d moving avg. $127.98
Annualized volatility 19.6%
Short interest (ETF) 0.5%
Short interest (Underlying) 2.4%
Relative strength (RSI) 59

Liquidity measures
Avg. volume (thou.) 812
Turnover 0.6%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $145,353

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 96 potential alternatives to the iShares S&P 500 Value ETF ETF based on the alternatives' overlap in portfolio holdings with IVE. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IVE Expense: 18 bp ALTAR Score™: 6.3%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IVE
Ticker Fund
Name
Overlap1
vs IVE
(%)
Expense
ratio
(bp)
Savings
vs IVE
(bp)
ALTAR
Score™
(%)
ALTAR
vs IVE
(%)
SPYV SPDR Portfolio S&P 500 Value ETF 98.6 4 14 6.4 +0.1
IUSV iShares Core S&P U.S. Value ETF 92.2 4 14 6.4 +0.2
VOOV Vanguard S&P 500 Value ETF 82.2 10 8 6.6 +0.3
VONV Vanguard Russell 1000 Value Index Fund 77.5 8 10 6.1 -0.1
VTV Vanguard Value Index Fund 75.9 4 14 6.5 +0.3
IWD iShares Russell 1000 Value ETF 74.8 19 -1 6.0 -0.2
SCHV Schwab U.S. Large-Cap Value ETF 73.5 4 14 6.1 -0.2
FNDX Schwab Fundamental U.S. Large Co. Index ETF 66.9 25 -7 5.8 -0.5
PRF Invesco FTSE RAFI US 1000 ETF 65.9 39 -21 5.8 -0.4
SPXT ProShares S&P 500 Ex-Technology ETF 65.4 27 -9 4.9 -1.3
MGV Vanguard Mega Cap Value ETF 64.0 7 11 6.4 +0.2
IWX iShares Russell Top 200 Value ETF 64.0 20 -2 6.0 -0.2
DIVB iShares U.S. Dividend & Buyback ETF 63.3 25 -7 5.9 -0.3
FNDB Schwab Fundamental U.S. Broad Market Index ETF 62.8 25 -7 5.7 -0.5
PBP Invesco S&P 500 BuyWrite ETF 62.3 49 -31 4.4 -1.9
XYLG Global X S&P 500 Covered Call & Growth ETF 61.8 60 -42 4.4 -1.8
EPS WisdomTree U.S. Earnings 500 Fund 61.5 8 10 6.0 -0.3
VOO VANGUARD S&P 500 ETF 61.4 3 15 4.9 -1.4
SPY SPDR S&P 500 ETF Trust 61.3 9 9 4.8 -1.5
SPLG SPDR Portfolio Large Cap ETF 61.3 3 15 4.8 -1.4
IVV iShares Core S&P 500 ETF 61.2 3 15 4.8 -1.4
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 61.2 20 -2 4.9 -1.4
VLU SPDR S&P 1500 Value Tilt ETF 59.7 12 6 6.2 -0.1
RWL Invesco S&P 500 Revenue ETF 59.5 39 -21 6.3 +0.1
SPXE ProShares S&P 500 Ex-Energy ETF 59.4 27 -9 4.7 -1.5
JHML John Hancock Multifactor Large Cap ETF 58.3 29 -11 4.9 -1.3
DLN WisdomTree U.S. LargeCap Dividend Fund 58.3 28 -10 6.2 -0.1
QUS SPDR MSCI USA StrategicFactors ETF 57.9 15 3 5.3 -1.0
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 57.7 7 11 4.6 -1.6
BBUS JP Morgan Betabuilders U.S. Equity ETF 57.7 2 16 4.7 -1.5
IUS Invesco Strategic US ETF 57.5 19 -1 5.5 -0.7
VV Vanguard Large-Cap Index Fund 57.2 4 14 4.7 -1.6
PBUS Invesco PureBeta MSCI USA ETF 57.1 4 14 4.7 -1.6
SPTM SPDR Portfolio Total Stock Market ETF 56.9 3 15 4.9 -1.4
DTD WisdomTree U.S.Total Dividend Fund 56.7 28 -10 6.3 +0.0
SCHX Schwab U.S. Large-Cap ETF 56.5 3 15 4.6 -1.6
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 55.9 20 -2 4.7 -1.6
MGC Vanguard Mega Cap Index Fund 55.8 7 11 4.7 -1.6
SPXV ProShares S&P 500 Ex-Health Care ETF 55.6 27 -9 4.4 -1.9
SCHK Schwab 1000 Index ETF 55.4 5 13 4.7 -1.6
ESGV Vanguard ESG U.S. Stock ETF 55.3 12 6 4.6 -1.7
IWB iShares Russell 1000 ETF 55.2 15 3 4.6 -1.7
CATH Global X S&P 500 Catholic Values Custom ETF 55.1 29 -11 4.7 -1.6
IYY iShares Dow Jones U.S. ETF 54.8 20 -2 4.5 -1.8
VYM Vanguard High Dividend Yield Index ETF 54.2 6 12 6.6 +0.4
DGRO iShares Core Dividend Growth ETF 54.1 8 10 6.0 -0.3
JCTR JPMorgan Carbon Transition U.S. Equity ETF 53.7 15 3 4.7 -1.5
IWL iShares Russell Top 200 ETF 53.4 15 3 4.5 -1.8
SPXN ProShares S&P 500 Ex-Financials ETF 53.3 27 -9 4.5 -1.8
VTHR Vanguard Russell 3000 Index Fund 53.3 10 8 4.5 -1.8
SFY SoFi Select 500 ETF 53.3 0 18 4.6 -1.6
RSP Invesco S&P 500 Equal Weight ETF 52.9 20 -2 5.6 -0.6
ESGU iShares MSCI USA ESG Optimized ETF 52.1 15 3 4.5 -1.7
IWV iShares Russell 3000 ETF 52.0 20 -2 4.4 -1.9
SCHB Schwab U.S. Broad Market ETF 52.0 3 15 4.5 -1.7
BKLC BNY Mellon US Large Cap Core Equity ETF 52.0 0 18 4.6 -1.7
DFAU Dimensional US Core Equity Market ETF 51.9 12 6 4.7 -1.5
ITOT iShares Core S&P Total U.S. Stock Market ETF 51.7 3 15 4.5 -1.8
ESG FlexShares STOXX US ESG Impact Index Fund 51.5 32 -14 4.6 -1.7
VONE Vanguard Russell 1000 ETF 51.4 8 10 4.6 -1.6
SNPE Xtrackers S&P 500 ESG ETF 51.4 10 8 4.7 -1.6
EFIV SPDR S&P 500 ESG ETF 51.3 10 8 4.7 -1.6
VTI Vanguard Total Stock Market Index Fund 50.8 3 15 4.5 -1.8
RAFE PIMCO RAFI ESG U.S. ETF 49.5 30 -12 6.7 +0.5
IQSU IQ Candriam ESG US Equity ETF 49.5 9 9 4.6 -1.6
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 48.5 9 9 5.0 -1.3
DYNF BlackRock U.S. Equity Factor Rotation ETF 48.2 30 -12 5.3 -0.9
JKF iShares Morningstar Large Cap Value ETF 47.1 25 -7 6.6 +0.3
EQWL Invesco Russell Top 200 Equal Weight ETF 47.1 25 -7 5.6 -0.6
RNLC Large Cap US Equity Select ETF 46.7 60 -42 5.3 -1.0
AVUS Avantis U.S. Equity ETF 46.3 15 3 4.9 -1.4
OEF iShares S&P 100 ETF 46.1 20 -2 4.3 -1.9
EUSA iShares MSCI USA Equal Weighted ETF 46.0 15 3 5.1 -1.1
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 45.7 9 9 4.9 -1.4
NACP Impact Shares NAACP Minority Empowerment ETF 45.5 49 -31 4.8 -1.5
SIZE iShares MSCI USA Size Factor ETF 45.0 15 3 5.2 -1.1
SUSL iShares ESG MSCI USA Leaders ETF 44.7 10 8 4.9 -1.4
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 44.6 10 8 4.9 -1.4
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 44.1 30 -12 5.1 -1.1
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 43.3 25 -7 5.0 -1.3
DSI iShares MSCI KLD 400 Social ETF 43.3 25 -7 4.7 -1.6
TOK iShares MSCI Kokusai ETF 42.4 25 -7 5.0 -1.3
KOKU Xtrackers MSCI Kokusai Equity ETF 42.4 9 9 5.1 -1.2
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 42.2 35 -17 5.1 -1.2
CFA VictoryShares US 500 Volatility Weighted Index ETF 42.1 35 -17 5.1 -1.2
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 42.1 19 -1 5.4 -0.9
JVAL JPMorgan U.S. Value Factor ETF 40.8 12 6 7.2 +1.0
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 40.7 17 1 6.1 -0.2
PFM Invesco Dividend Achievers ETF 40.5 53 -35 5.1 -1.2
ROUS Hartford Multifactor US Equity ETF 40.4 19 -1 5.9 -0.3
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 40.1 15 3 5.8 -0.5
FDRR Fidelity Dividend ETF for Rising Rates 39.7 29 -11 6.0 -0.2
RNDV US Equity Dividend Select ETF 39.7 50 -32 7.4 +1.1
URTH iShares MSCI World ETF 39.5 24 -6 5.0 -1.2
JPUS JPMorgan Diversified Return U.S. Equity ETF 39.0 18 0 5.6 -0.6
QWLD SPDR MSCI World StrategicFactors ETF 38.6 30 -12 5.4 -0.8

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

  2015 2016 2017 2018 2019 2020E 2021E
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
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
iShares S&P 500 Value 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 14.4 %
Divided by: Fwd. P/BV 2.2 x
Less: Expense ratio 18 bp
Equals: ALTAR Score 6.3 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.51 CATEGORY
AVERAGE
1.49
 
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.