iShares Russell 3000 ETF
ALTAR
Score™
4.3% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
30.8x P/Sales
ratio
2.8x
P/BV
ratio
3.8x Div.
yield
1.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares Russell 3000 Index Fund seeks investment results that correspond generally to the price and yield performance of the broad U.S. equity market, as represented by the Russell 3000 Index.

FUND BASICS
Category US Equities
Fund Sponsor Barclays Global Investors
Website www.ishares.com
Inception date May 22, 2000
Assets (mns) $11,031
Currency USD
Expense ratio 20 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 2851
Wgt avg mkt cap (mns) $424,474
Large cap (>$10bn) 87.6%
Mid cap ($2-10bn) 9.7%
Small cap (<$2bn) 2.3%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
APPLE INC 5.7 %
MICROSOFT CORP 4.3 %
AMAZON.COM INC 3.6 %
FACEBOOK 1.7 %
TESLA MOTORS INC 1.6 %
ALPHABET INC. CLASS A 1.4 %
ALPHABET INC. CLASS C 1.4 %
BERKSHIRE HATHAWAY INC-CL B 1.1 %
JOHNSON & JOHNSON 1.1 %
JPMORGAN CHASE & CO 1.0 %
Total 23.0 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.3 %
IRELAND 1.4 %
BRITAIN 1.0 %
BERMUDA 0.3 %
SWITZERLAND 0.2 %
LUXEMBOURG 0.1 %
CHINA 0.1 %
BRAZIL 0.0 %
CANADA 0.0 %
PUERTO RICO 0.0 %

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.
20.5% 20.5% 15.2% 13.6% 7.1%

Market Correlations
versus... Beta R-squared
S&P500 1.04 100%
MSCI EAFE 0.97 86%
MSCI Emg. Mkts. 0.78 71%

Technical Indicators
Recent close $230.54
30d moving avg. $224.74
Annualized volatility 19.5%
Short interest (ETF) 0.7%
Short interest (Underlying) 2.9%
Relative strength (RSI) 66

Liquidity measures
Avg. volume (thou.) 197
Turnover 0.4%
Bid/Ask (% of price) 0.04%
ADV underlying (mns) $356,066

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 98 potential alternatives to the iShares Russell 3000 ETF ETF based on the alternatives' overlap in portfolio holdings with IWV. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IWV Expense: 20 bp ALTAR Score™: 4.3%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IWV
Ticker Fund
Name
Overlap1
vs IWV
(%)
Expense
ratio
(bp)
Savings
vs IWV
(bp)
ALTAR
Score™
(%)
ALTAR
vs IWV
(%)
VTHR Vanguard Russell 3000 Index Fund 99.3 10 10 4.4 +0.1
SCHB Schwab U.S. Broad Market ETF 97.8 3 17 4.5 +0.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 97.3 3 17 4.4 +0.1
VTI Vanguard Total Stock Market Index Fund 95.3 3 17 4.4 +0.1
IYY iShares Dow Jones U.S. ETF 93.0 20 0 4.4 +0.1
IWB iShares Russell 1000 ETF 92.9 15 5 4.5 +0.2
SCHK Schwab 1000 Index ETF 92.2 5 15 4.6 +0.3
VONE Vanguard Russell 1000 ETF 91.0 8 12 4.6 +0.3
SPTM SPDR Portfolio Total Stock Market ETF 89.7 3 17 4.8 +0.5
SCHX Schwab U.S. Large-Cap ETF 89.7 3 17 4.6 +0.3
PBUS Invesco PureBeta MSCI USA ETF 87.0 4 16 4.6 +0.3
BBUS JP Morgan Betabuilders U.S. Equity ETF 85.7 2 18 4.6 +0.3
VV Vanguard Large-Cap Index Fund 84.9 4 16 4.6 +0.3
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 84.0 7 13 4.5 +0.3
DFAU Dimensional US Core Equity Market ETF 84.0 12 8 4.7 +0.4
ESGV Vanguard ESG U.S. Stock ETF 82.8 12 8 4.5 +0.2
IVV iShares Core S&P 500 ETF 82.0 3 17 4.7 +0.4
SPLG SPDR Portfolio Large Cap ETF 82.0 3 17 4.7 +0.4
SPY SPDR S&P 500 ETF Trust 82.0 9 11 4.7 +0.4
PBP Invesco S&P 500 BuyWrite ETF 82.0 49 -29 4.3 +0.0
XYLG Global X S&P 500 Covered Call & Growth ETF 82.0 60 -40 4.4 +0.1
VOO VANGUARD S&P 500 ETF 81.9 3 17 4.8 +0.5
SPXE ProShares S&P 500 Ex-Energy ETF 79.4 27 -7 4.6 +0.3
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 78.9 20 0 4.8 +0.5
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 77.4 25 -5 4.9 +0.6
SFY SoFi Select 500 ETF 76.4 0 20 4.6 +0.3
JHML John Hancock Multifactor Large Cap ETF 75.8 29 -9 4.9 +0.6
XVV iShares ESG Screened S&P 500 ETF 72.7 8 12 4.9 +0.6
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 72.3 20 0 4.6 +0.3
ESGU iShares MSCI USA ESG Optimized ETF 72.0 15 5 4.4 +0.1
SPXN ProShares S&P 500 Ex-Financials ETF 71.0 27 -7 4.3 +0.1
KOKU Xtrackers MSCI Kokusai Equity ETF 70.6 9 11 5.0 +0.7
TOK iShares MSCI Kokusai ETF 70.6 25 -5 4.9 +0.6
AVUS Avantis U.S. Equity ETF 70.5 15 5 4.8 +0.6
MGC Vanguard Mega Cap Index Fund 70.3 7 13 4.6 +0.3
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 70.3 9 11 4.8 +0.5
SPXV ProShares S&P 500 Ex-Health Care ETF 70.2 27 -7 4.3 -0.0
MMTM SPDR S&P 1500 Momentum Tilt ETF 69.4 12 8 4.0 -0.3
CATH Global X S&P 500 Catholic Values Custom ETF 69.2 29 -9 4.6 +0.3
BKLC BNY Mellon US Large Cap Core Equity ETF 68.4 0 20 4.4 +0.2
IWL iShares Russell Top 200 ETF 68.2 15 5 4.4 +0.1
URTH iShares MSCI World ETF 65.0 24 -4 5.0 +0.7
EPS WisdomTree U.S. Earnings 500 Fund 64.8 8 12 5.9 +1.6
FNDB Schwab Fundamental U.S. Broad Market Index ETF 64.0 25 -5 5.7 +1.4
PRF Invesco FTSE RAFI US 1000 ETF 63.9 39 -19 5.7 +1.5
JCTR JPMorgan Carbon Transition U.S. Equity ETF 63.5 15 5 4.7 +0.4
IQSU IQ Candriam ESG US Equity ETF 61.0 9 11 4.5 +0.2
FNDX Schwab Fundamental U.S. Large Co. Index ETF 60.9 25 -5 5.7 +1.5
QUS SPDR MSCI USA StrategicFactors ETF 60.9 15 5 5.3 +1.0
DYNF BlackRock U.S. Equity Factor Rotation ETF 60.5 30 -10 5.3 +1.0
SNPE Xtrackers S&P 500 ESG ETF 59.7 10 10 4.6 +0.3
EFIV SPDR S&P 500 ESG ETF 59.7 10 10 4.6 +0.3
SPXT ProShares S&P 500 Ex-Technology ETF 58.9 27 -7 4.9 +0.6
IUSG iShares Core S&P US Growth ETF 58.7 4 16 3.6 -0.7
VLU SPDR S&P 1500 Value Tilt ETF 57.8 12 8 6.2 +1.9
ESG FlexShares STOXX US ESG Impact Index Fund 57.3 32 -12 4.5 +0.2
IUS Invesco Strategic US ETF 57.1 19 1 5.5 +1.2
DIVB iShares U.S. Dividend & Buyback ETF 56.8 25 -5 5.9 +1.6
ACWI iShares MSCI ACWI ETF 56.2 32 -12 5.1 +0.8
XOUT GraniteShares XOUT U.S. Large Cap ETF 56.1 60 -40 3.6 -0.7
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 55.6 30 -10 5.1 +0.8
VT Vanguard Total World Stock ETF 55.6 8 12 5.4 +1.1
VOOG Vanguard S&P 500 Growth ETF 55.6 10 10 3.9 -0.4
SPYG SPDR Portfolio S&P 500 Growth ETF 55.5 4 16 3.6 -0.7
IVW iShares S&P 500 Growth ETF 55.5 18 2 3.5 -0.8
CRBN iShares MSCI ACWI Low Carbon Target ETF 54.7 20 0 5.3 +1.0
IWF iShares Russell 1000 Growth ETF 54.7 19 1 3.4 -0.9
OEF iShares S&P 100 ETF 54.7 20 0 4.2 -0.1
IUSV iShares Core S&P U.S. Value ETF 54.6 4 16 6.5 +2.2
LOWC SPDR MSCI ACWI Low Carbon Target ETF 54.5 20 0 5.3 +1.0
VONG Vanguard Russell 1000 Growth Index Fund 54.4 8 12 3.5 -0.8
RWL Invesco S&P 500 Revenue ETF 53.9 39 -19 6.3 +2.0
VOOV Vanguard S&P 500 Value ETF 52.5 10 10 6.6 +2.3
VONV Vanguard Russell 1000 Value Index Fund 52.2 8 12 6.2 +1.9
IWD iShares Russell 1000 Value ETF 51.8 19 1 6.1 +1.8
SPYV SPDR Portfolio S&P 500 Value ETF 51.5 4 16 6.5 +2.2
IVE iShares S&P 500 Value ETF 51.5 18 2 6.3 +2.0
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 51.4 15 5 0.0 -4.3
RESP WisdomTree US ESG Fund of Benef Interest 51.1 28 -8 5.0 +0.8
DTD WisdomTree U.S.Total Dividend Fund 50.9 28 -8 6.2 +2.0
VUG Vanguard Growth Index Fund 49.2 4 16 3.5 -0.8
HIPR Direxion High Growth ETF 48.3 40 -20 3.8 -0.5
DLN WisdomTree U.S. LargeCap Dividend Fund 48.1 28 -8 6.1 +1.8
ESGG FlexShares STOXX Global ESG Impact Index Fund 48.0 42 -22 4.6 +0.3
QWLD SPDR MSCI World StrategicFactors ETF 47.9 30 -10 5.4 +1.1
AFLG First Trust Active Factor Large Cap ETF 47.7 55 -35 4.7 +0.4
SCHV Schwab U.S. Large-Cap Value ETF 47.5 4 16 6.1 +1.8
KRMA Global X Conscious Companies ETF 47.3 43 -23 4.8 +0.6
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 47.1 9 11 5.0 +0.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 46.9 9 11 5.1 +0.8
DSI iShares MSCI KLD 400 Social ETF 45.8 25 -5 4.6 +0.3
EUSA iShares MSCI USA Equal Weighted ETF 45.8 15 5 5.2 +0.9
SUSA iShares MSCI USA ESG Select ETF 45.0 25 -5 4.2 -0.1
IWY iShares Russell Top 200 Growth ETF 44.9 20 0 3.5 -0.7
RECS Columbia Research Enhanced Core ETF 44.8 15 5 5.1 +0.8
SIZE iShares MSCI USA Size Factor ETF 44.6 15 5 5.2 +0.9
RSP Invesco S&P 500 Equal Weight ETF 44.3 20 0 5.6 +1.4
NACP Impact Shares NAACP Minority Empowerment ETF 44.2 49 -29 4.7 +0.4

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%.

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 Russell 3000 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 15.6 %
Divided by: Fwd. P/BV 3.5 x
Less: Expense ratio 20 bp
Equals: ALTAR Score 4.3 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.44 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.