iShares S&P 500 Value ETF
ALTAR
Score™
7.0% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
20.5x P/Sales
ratio
1.5x
P/BV
ratio
2.0x Div.
yield
2.7%


  • 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) $16,268
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 386
Wgt avg mkt cap (mns) $132,116
Large cap (>$10bn) 95.9%
Mid cap ($2-10bn) 4.1%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
BERKSHIRE HATHAWAY INC-CL B 3.7 %
UNITEDHEALTH GROUP INC 2.8 %
VERIZON COMMUNICATIONS INC 2.1 %
JOHNSON & JOHNSON 2.0 %
PFIZER INC 1.9 %
WAL-MART STORES INC 1.8 %
AT&T INC 1.8 %
BANK OF AMERICA CORP 1.7 %
JPMORGAN CHASE & CO 1.5 %
CISCO SYSTEMS INC 1.5 %
Total 20.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 94.7 %
IRELAND 3.0 %
BRITAIN 1.2 %
SWITZERLAND 0.7 %
BERMUDA 0.1 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru September 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-11.7% -3.0% 8.6% 10.1% 5.5%

Market Correlations
versus... Beta R-squared
S&P500 0.99 93%
MSCI EAFE 1.05 86%
MSCI Emg. Mkts. 0.75 70%

Technical Indicators
Recent close $116.91
30d moving avg. $114.41
Annualized volatility 18.2%
Short interest (ETF) 0.2%
Short interest (Underlying) 2.4%
Relative strength (RSI) 55

Liquidity measures
Avg. volume (thou.) 702
Turnover 0.5%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $102,544

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 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™: 7.0%


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 99.5 4 14 7.1 +0.1
VOOV Vanguard S&P 500 Value ETF 99.3 10 8 7.1 +0.1
IUSV iShares Core S&P U.S. Value ETF 93.0 4 14 7.2 +0.2
VTV Vanguard Value Index Fund 74.3 4 14 7.1 +0.2
VONV Vanguard Russell 1000 Value Index Fund 69.5 8 10 6.8 -0.2
IWD iShares Russell 1000 Value ETF 69.4 19 -1 6.7 -0.3
SCHV Schwab U.S. Large-Cap Value ETF 69.4 4 14 6.6 -0.4
MGV Vanguard Mega Cap Value ETF 67.9 7 11 7.1 +0.1
PRF Invesco FTSE RAFI US 1000 ETF 64.7 39 -21 6.6 -0.4
FNDX Schwab Fundamental U.S. Large Co. Index ETF 64.7 25 -7 6.5 -0.5
IWX iShares Russell Top 200 Value ETF 64.6 20 -2 6.6 -0.4
SPXT ProShares S&P 500 Ex-Technology ETF 63.4 27 -9 5.3 -1.6
DLN WisdomTree U.S. LargeCap Dividend Fund 62.5 28 -10 6.3 -0.7
DTD WisdomTree U.S.Total Dividend Fund 62.2 28 -10 6.5 -0.5
FNDB Schwab Fundamental U.S. Broad Market Index ETF 60.8 25 -7 6.5 -0.5
EPS WisdomTree U.S. Earnings 500 Fund 59.2 8 10 6.2 -0.8
RWL Invesco S&P 500 Revenue ETF 59.2 39 -21 7.0 -0.0
VLU SPDR S&P 1500 Value Tilt ETF 59.1 12 6 7.1 +0.1
HSPX Global X S&P 500 Covered Call ETF 58.1 60 -42 4.7 -2.2
DIVB iShares U.S. Dividend & Buyback ETF 57.1 25 -7 6.6 -0.4
VYM Vanguard High Dividend Yield Index ETF 57.0 6 12 7.3 +0.3
PBP Invesco S&P 500 BuyWrite ETF 56.5 49 -31 4.7 -2.2
XYLG Global X S&P 500 Covered Call & Growth ETF 56.3 60 -42 4.8 -2.2
SPY SPDR S&P 500 ETF Trust 55.7 9 9 5.1 -1.9
SPLG SPDR Portfolio Large Cap ETF 55.6 3 15 5.1 -1.8
IVV iShares Core S&P 500 ETF 55.6 3 15 5.1 -1.8
QUS SPDR MSCI USA StrategicFactors ETF 55.4 15 3 5.6 -1.3
DGRO iShares Core Dividend Growth ETF 55.3 8 10 6.5 -0.5
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 55.2 20 -2 5.1 -1.9
VOO VANGUARD S&P 500 ETF 54.8 3 15 5.2 -1.8
USDY Pacific Global US Equity Income ETF 54.8 29 -11 7.0 +0.0
IUS Invesco Strategic US ETF 54.7 19 -1 6.3 -0.7
SPXE ProShares S&P 500 Ex-Energy ETF 54.3 27 -9 5.0 -2.0
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 52.4 7 11 5.0 -2.0
JHML John Hancock Multifactor Large Cap ETF 52.2 29 -11 5.3 -1.7
BBUS JP Morgan Betabuilders U.S. Equity ETF 52.1 2 16 5.0 -2.0
RAFE PIMCO RAFI ESG U.S. ETF 51.8 29 -11 7.4 +0.5
SPTM SPDR Portfolio Total Stock Market ETF 51.6 3 15 5.3 -1.7
PBUS Invesco PureBeta MSCI USA ETF 51.5 4 14 5.0 -2.0
VV Vanguard Large-Cap Index Fund 51.2 4 14 5.0 -2.0
SCHX Schwab U.S. Large-Cap ETF 50.6 3 15 4.9 -2.1
MGC Vanguard Mega Cap Index Fund 50.0 7 11 4.9 -2.1
SFY SoFi Select 500 ETF 49.8 0 18 4.9 -2.1
SCHK Schwab 1000 Index ETF 49.6 5 13 5.0 -2.0
CATH Global X S&P 500 Catholic Values Custom ETF 49.6 29 -11 4.9 -2.1
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 49.5 20 -2 4.7 -2.3
IWB iShares Russell 1000 ETF 49.4 15 3 4.8 -2.1
SPXV ProShares S&P 500 Ex-Health Care ETF 49.3 27 -9 4.8 -2.2
SPXN ProShares S&P 500 Ex-Financials ETF 49.3 27 -9 4.7 -2.3
IYY iShares Dow Jones U.S. ETF 49.1 20 -2 4.8 -2.2
RSP Invesco S&P 500 Equal Weight ETF 48.7 20 -2 6.3 -0.7
ESGU iShares MSCI USA ESG Optimized ETF 48.6 15 3 4.8 -2.2
IWL iShares Russell Top 200 ETF 48.5 15 3 4.7 -2.3
VONE Vanguard Russell 1000 ETF 48.4 8 10 4.9 -2.1
BKLC BNY Mellon US Large Cap Core Equity ETF 47.8 0 18 4.9 -2.1
EFIV SPDR S&P 500 ESG ETF 47.5 10 8 4.9 -2.1
SNPE Xtrackers S&P 500 ESG ETF 47.4 10 8 4.8 -2.1
VTHR Vanguard Russell 3000 Index Fund 47.2 10 8 4.8 -2.2
DYNF BlackRock U.S. Equity Factor Rotation ETF 47.0 30 -12 6.4 -0.6
PFM Invesco Dividend Achievers ETF 46.8 53 -35 5.2 -1.8
IWV iShares Russell 3000 ETF 46.7 20 -2 4.7 -2.3
SCHB Schwab U.S. Broad Market ETF 46.7 3 15 4.9 -2.1
ITOT iShares Core S&P Total U.S. Stock Market ETF 46.6 3 15 4.8 -2.2
EQWL Invesco Russell Top 200 Equal Weight ETF 46.2 25 -7 6.1 -0.9
ESG FlexShares STOXX US ESG Impact Index Fund 46.1 32 -14 4.9 -2.1
ESGV Vanguard ESG U.S. Stock ETF 45.7 12 6 4.9 -2.1
SCIU Global X Scientific Beta US ETF 45.4 19 -1 0.0 -7.0
VTI Vanguard Total Stock Market Index Fund 45.1 3 15 4.8 -2.2
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 45.0 9 9 5.7 -1.3
RNLC Large Cap US Equity Select ETF 44.7 60 -42 5.9 -1.1
OEF iShares S&P 100 ETF 44.1 20 -2 4.6 -2.4
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 43.6 29 -11 5.8 -1.2
IQSU IQ Candriam ESG US Equity ETF 42.9 9 9 4.9 -2.1
EUSA iShares MSCI USA Equal Weighted ETF 42.3 15 3 5.9 -1.1
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 42.2 9 9 5.3 -1.7
AVUS Avantis U.S. Equity ETF 42.1 15 3 5.4 -1.6
OUSA O'Shares FTSE US Quality Dividend ETF 42.0 48 -30 5.7 -1.3
JVAL JPMorgan U.S. Value Factor ETF 41.9 12 6 8.1 +1.1
JKF iShares Morningstar Large Cap Value ETF 41.8 25 -7 7.5 +0.5
SUSL iShares ESG MSCI USA Leaders ETF 41.4 10 8 5.1 -1.9
FDRR Fidelity Dividend ETF for Rising Rates 41.3 29 -11 6.6 -0.4
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 41.3 10 8 5.1 -1.9
ROUS Hartford Multifactor US Equity ETF 41.0 19 -1 6.3 -0.7
RNDV US Equity Dividend Select ETF 40.9 50 -32 7.6 +0.6
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 40.7 25 -7 6.0 -1.0
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 40.7 17 1 6.6 -0.4
SIZE iShares MSCI USA Size Factor ETF 40.5 15 3 5.8 -1.2
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 40.1 19 -1 5.8 -1.2
NACP Impact Shares NAACP Minority Empowerment ETF 39.3 75 -57 4.6 -2.3
USMV iShares Edge MSCI Min Vol USA ETF 39.2 15 3 5.4 -1.6
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 39.1 15 3 6.0 -1.0
CFA VictoryShares US 500 Volatility Weighted Index ETF 39.0 35 -17 5.5 -1.5
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 39.0 35 -17 5.5 -1.5
FTA First Trust Large Cap Value AlphaDEX Fund 38.9 60 -42 8.8 +1.8
JPUS JPMorgan Diversified Return U.S. Equity ETF 38.8 18 0 6.0 -1.0
DSI iShares MSCI KLD 400 Social ETF 38.2 25 -7 4.9 -2.1
TOK iShares MSCI Kokusai ETF 37.6 25 -7 5.4 -1.6
KOKU Xtrackers MSCI Kokusai Equity ETF 37.6 9 9 5.5 -1.5
FEX First Trust Large Cap Core AlphaDEX Fund 36.8 60 -42 5.6 -1.3
XOUT GraniteShares XOUT U.S. Large Cap ETF 36.8 60 -42 3.9 -3.1

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

  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

Content on this tab for subscribers only

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 13.6 %
Divided by: Fwd. P/BV 1.9 x
Less: Expense ratio 18 bp
Equals: ALTAR Score 7.0 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

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