iShares Core S&P 500 ETF
ALTAR
Score™		 5.5% info Recommen-
dation		 NEUTRAL
2020E    2021E
P/E
ratio		 24.6x P/Sales
ratio		 2.4x
P/BV
ratio		 3.2x Div.
yield		 1.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares S&P500 Index Fund seeks investment results that correspond generally to the price and yield performance of the large capitalization sector of the U.S. equity market, as represented by the Standard& Poor's 500 Index.

FUND BASICS
Category US Equities
Fund Sponsor Barclays Global Investors
Website www.ishares.com
Inception date May 19, 2000
Assets (mns) $194,479
Currency USD
Expense ratio 4 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 505
Wgt avg mkt cap (mns) $354,057
Large cap (>$10bn) 97.5%
Mid cap ($2-10bn) 2.5%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
MICROSOFT CORP 5.5 %
APPLE INC 5.2 %
AMAZON.COM INC 4.0 %
FACEBOOK 2.1 %
ALPHABET INC. CLASS A 1.7 %
ALPHABET INC. CLASS C 1.7 %
JOHNSON & JOHNSON 1.5 %
BERKSHIRE HATHAWAY INC-CL B 1.4 %
VISA INC-CLASS A SHARES 1.3 %
JPMORGAN CHASE & CO 1.2 %
Total 25.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.6 %
IRELAND 1.6 %
BRITAIN 1.0 %
SWITZERLAND 0.4 %







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.
-5.0% 12.6% 9.8% 13.1% 5.9%

Market Correlations
versus... Beta R-squared
S&P500 0.99 100%
MSCI EAFE 0.99 85%
MSCI Emg. Mkts. 0.73 71%

Technical Indicators
Recent close $312.34
30d moving avg. $293.93
Annualized volatility 16.8%
Short interest (ETF) 0.7%
Short interest (Underlying) 2.3%
Relative strength (RSI) 67

Liquidity measures
Avg. volume (thou.) 5,998
Turnover 1.0%
Bid/Ask (% of price) 0.01%
ADV underlying (mns) $248,880

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the iShares Core S&P 500 ETF ETF based on the alternatives' overlap in portfolio holdings with IVV. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IVV Expense: 4 bp ALTAR Score™: 5.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IVV
Ticker Fund
Name		 Overlap1
vs IVV
(%)		 Expense
ratio
(bp)		 Savings
vs IVV
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs IVV
(%)
PBP Invesco S&P 500 BuyWrite ETF 99.7 49 -45 5.1 -0.4
SPY SPDR S&P 500 ETF Trust 99.6 9 -5 5.4 -0.1
SPLG SPDR Portfolio Large Cap ETF 99.5 3 1 5.5 +0.0
HSPX Global X S&P 500 Covered Call ETF 99.4 65 -61 4.9 -0.5
VOO VANGUARD S&P 500 ETF 98.8 3 1 5.5 +0.0
SPXE ProShares S&P 500 Ex-Energy ETF 96.8 27 -23 5.4 -0.1
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 96.6 20 -16 5.5 0.0
VV Vanguard Large-Cap Index Fund 95.6 4 0 5.3 -0.1
PBUS Invesco PureBeta MSCI USA ETF 94.9 4 0 5.3 -0.1
BBUS JP Morgan Betabuilders U.S. Equity ETF 94.3 2 2 5.4 -0.1
SCHX Schwab U.S. Large-Cap ETF 92.4 3 1 5.4 -0.1
SPTM SPDR Portfolio Total Stock Market ETF 91.9 3 1 5.6 +0.1
IWB iShares Russell 1000 ETF 89.9 15 -11 5.2 -0.2
SCHK Schwab 1000 Index ETF 89.3 5 -1 5.3 -0.1
VONE Vanguard Russell 1000 ETF 89.0 8 -4 5.3 -0.1
IYY iShares Dow Jones U.S. ETF 88.4 20 -16 5.2 -0.2
SPXN ProShares S&P 500 Ex-Financials ETF 86.5 27 -23 5.1 -0.3
MGC Vanguard Mega Cap Index Fund 86.3 7 -3 5.3 -0.2
SCHB Schwab U.S. Broad Market ETF 84.8 3 1 5.3 -0.2
VTI Vanguard Total Stock Market Index Fund 84.6 3 1 5.2 -0.3
IWV iShares Russell 3000 ETF 84.6 20 -16 5.1 -0.4
ITOT iShares Core S&P Total U.S. Stock Market ETF 84.6 3 1 5.2 -0.2
SPXV ProShares S&P 500 Ex-Health Care ETF 84.6 27 -23 5.1 -0.3
CATH Global X S&P 500 Catholic Values Custom ETF 84.1 29 -25 5.3 -0.2
VTHR Vanguard Russell 3000 Index Fund 84.0 10 -6 5.2 -0.3
ESGV Vanguard ESG U.S. Stock ETF 82.8 12 -8 5.3 -0.2
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 82.0 20 -16 5.0 -0.4
IWL iShares Russell Top 200 ETF 81.5 15 -11 5.1 -0.3
SFY SoFi Select 500 ETF 78.1 0 4 5.3 -0.1
SNPE Xtrackers S&P 500 ESG ETF 76.0 11 -7 5.2 -0.3
EPS WisdomTree U.S. Earnings 500 Fund 75.3 8 -4 6.4 +0.9
JHML John Hancock Multifactor Large Cap ETF 75.0 34 -30 5.5 +0.0
MMTM SPDR S&P 1500 Momentum Tilt ETF 74.2 12 -8 5.1 -0.4
ESGU iShares MSCI USA ESG Optimized ETF 73.9 15 -11 5.1 -0.3
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 73.7 9 -5 5.6 +0.1
SPXT ProShares S&P 500 Ex-Technology ETF 73.6 27 -23 5.6 +0.1
IQSU IQ Candriam ESG US Equity ETF 71.3 9 -5 5.3 -0.2
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 70.4 25 -21 6.1 +0.6
SPYG SPDR Portfolio S&P 500 Growth ETF 70.0 4 0 4.5 -1.0
IVW iShares S&P 500 Growth ETF 69.9 18 -14 4.3 -1.1
VOOG Vanguard S&P 500 Growth ETF 69.6 10 -6 4.4 -1.0
FNDX Schwab Fundamental U.S. Large Co. Index ETF 69.6 25 -21 6.4 +1.0
IUSG iShares Core S&P US Growth ETF 68.8 4 0 4.5 -1.0
FNDB Schwab Fundamental U.S. Broad Market Index ETF 67.6 25 -21 6.4 +0.9
AVUS Avantis U.S. Equity ETF 66.8 15 -11 5.7 +0.3
TOK iShares MSCI Kokusai ETF 66.8 25 -21 5.7 +0.3
QUS SPDR MSCI USA StrategicFactors ETF 66.7 15 -11 5.8 +0.3
IUS Invesco Strategic US ETF 66.4 19 -15 6.2 +0.7
PRF Invesco FTSE RAFI US 1000 ETF 66.0 39 -35 6.6 +1.2
OEF iShares S&P 100 ETF 65.9 20 -16 4.9 -0.5
URTH iShares MSCI World ETF 62.5 24 -20 5.8 +0.3
XOUT GraniteShares XOUT U.S. Large Cap ETF 62.5 60 -56 4.6 -0.9
DIVB iShares U.S. Dividend & Buyback ETF 62.3 25 -21 6.3 +0.9
RWL Invesco S&P 500 Revenue ETF 62.0 39 -35 6.7 +1.2
IWF iShares Russell 1000 Growth ETF 61.9 19 -15 4.3 -1.1
VONG Vanguard Russell 1000 Growth Index Fund 61.9 8 -4 4.4 -1.0
ESG FlexShares STOXX US ESG Impact Index Fund 61.6 32 -28 5.2 -0.3
DLN WisdomTree U.S. LargeCap Dividend Fund 60.6 28 -24 6.3 +0.8
DTD WisdomTree U.S.Total Dividend Fund 60.4 28 -24 6.5 +1.0
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 59.9 15 -11 6.2 +0.8
VLU SPDR S&P 1500 Value Tilt ETF 58.9 12 -8 7.1 +1.7
SPYV SPDR Portfolio S&P 500 Value ETF 58.3 4 0 7.2 +1.7
IVE iShares S&P 500 Value ETF 58.2 18 -14 7.0 +1.6
VOOV Vanguard S&P 500 Value ETF 58.1 15 -11 7.1 +1.6
OMFL Oppenheimer Russell 1000 Dynamic Multifactor ETF 58.0 29 -25 4.3 -1.1
DYNF BlackRock U.S. Equity Factor Rotation ETF 57.7 30 -26 6.6 +1.2
IUSV iShares Core S&P U.S. Value ETF 57.4 4 0 7.2 +1.8
RECS Columbia Research Enhanced Core ETF 56.0 15 -11 5.6 +0.2
EXT WisdomTree U.S. Total Earnings Fund 56.0 28 -24 5.7 +0.3
NACP Impact Shares NAACP Minority Empowerment ETF 55.4 75 -71 4.5 -1.0
SCHG Schwab U.S. Large-Cap Growth ETF 55.2 4 0 4.3 -1.1
ESGG FlexShares STOXX Global ESG Impact Index Fund 54.9 42 -38 5.6 +0.1
VUG Vanguard Growth Index Fund 54.7 4 0 4.2 -1.2
ACWI iShares MSCI ACWI ETF 54.7 32 -28 6.0 +0.6
IWY iShares Russell Top 200 Growth ETF 54.6 20 -16 4.3 -1.1
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 53.6 29 -25 6.1 +0.6
XLG Invesco S&P 500 Top 50 ETF 53.5 20 -16 4.7 -0.8
DGRO iShares Core Dividend Growth ETF 53.3 8 -4 6.4 +0.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 53.3 20 -16 6.3 +0.9
LOWC SPDR MSCI ACWI Low Carbon Target ETF 53.0 20 -16 6.4 +0.9
DSI iShares MSCI KLD 400 Social ETF 53.0 25 -21 5.2 -0.2
AFLG First Trust Active Factor Large Cap ETF 51.9 55 -51 5.6 +0.1
WOMN Impact Shares YWCA Women's Empowerment ETF 51.8 75 -71 4.5 -0.9
QWLD SPDR MSCI World StrategicFactors ETF 51.4 30 -26 6.0 +0.6
VEGN US Vegan Climate ETF 51.4 60 -56 5.3 -0.2
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 51.0 49 -45 4.2 -1.3
SUSL iShares ESG MSCI USA Leaders ETF 50.9 10 -6 5.4 -0.1
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 50.8 10 -6 5.4 -0.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 49.9 9 -5 6.2 +0.7
RSP Invesco S&P 500 Equal Weight ETF 49.1 20 -16 6.6 +1.2
IWD iShares Russell 1000 Value ETF 49.0 19 -15 6.9 +1.4
EQWL Invesco Russell Top 200 Equal Weight ETF 48.8 25 -21 5.9 +0.4
VONV Vanguard Russell 1000 Value Index Fund 48.7 8 -4 7.0 +1.5
VT Vanguard Total World Stock Index Fund 48.6 8 -4 6.3 +0.8
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 48.6 19 -15 5.6 +0.2
KRMA Global X Conscious Companies ETF 48.5 43 -39 5.2 -0.2
MGK Vanguard Mega Cap Growth ETF 47.9 7 -3 4.3 -1.1
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 47.7 9 -5 5.8 +0.4
FQAL Fidelity Quality Factor ETF 46.6 29 -25 5.4 -0.0
TMFC Motley Fool 100 Index ETF 46.4 50 -46 4.0 -1.5

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 Core S&P 500 ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 16.9 %
Divided by: Fwd. P/BV 3.1 x
Less: Expense ratio 4 bp
Equals: ALTAR Score 5.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.44 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.