iShares Russell Top 200 Value ETF
ALTAR
Score™
6.1% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
21.7x P/Sales
ratio
2.2x
P/BV
ratio
2.4x Div.
yield
2.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares Russell Top 200 Value Index Fund seeks investment results that correspond generally to the price and yield performance of the Russell Top 200 Value Index.

FUND BASICS
Category US Equities
Fund Sponsor Barclays Global Fund Advisors
Website www.ishares.com
Inception date Sep 22, 2009
Assets (mns) $932
Currency USD
Expense ratio 20 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 153
Wgt avg mkt cap (mns) $198,035
Large cap (>$10bn) 100.0%
Mid cap ($2-10bn) 0.0%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
BERKSHIRE HATHAWAY INC-CL B 3.8 %
JPMORGAN CHASE & CO 3.6 %
JOHNSON & JOHNSON 3.3 %
WALT DISNEY CO/THE 2.7 %
BANK OF AMERICA CORP 2.1 %
VERIZON COMMUNICATIONS INC 2.1 %
INTEL CORP 2.0 %
COMCAST CORP-CL A 1.9 %
AT&T INC 1.8 %
WAL-MART STORES INC 1.8 %
Total 25.2 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.2 %
IRELAND 1.8 %
BRITAIN 1.2 %
SWITZERLAND 0.6 %







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.
1.4% 1.4% 9.4% 10.3% 10.5%

Market Correlations
versus... Beta R-squared
S&P500 0.95 93%
MSCI EAFE 0.92 86%
MSCI Emg. Mkts. 0.72 68%

Technical Indicators
Recent close $58.81
30d moving avg. $58.28
Annualized volatility 18.5%
Short interest (ETF) 0.2%
Short interest (Underlying) 1.7%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 66
Turnover 0.4%
Bid/Ask (% of price) 0.05%
ADV underlying (mns) $102,488

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 97 potential alternatives to the iShares Russell Top 200 Value ETF ETF based on the alternatives' overlap in portfolio holdings with IWX. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IWX Expense: 20 bp ALTAR Score™: 6.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IWX
Ticker Fund
Name
Overlap1
vs IWX
(%)
Expense
ratio
(bp)
Savings
vs IWX
(bp)
ALTAR
Score™
(%)
ALTAR
vs IWX
(%)
MGV Vanguard Mega Cap Value ETF 79.4 7 13 6.5 +0.4
VOOV Vanguard S&P 500 Value ETF 74.9 10 10 6.6 +0.5
VONV Vanguard Russell 1000 Value Index Fund 68.0 8 12 6.2 +0.1
VTV Vanguard Value Index Fund 66.1 4 16 6.6 +0.5
IWD iShares Russell 1000 Value ETF 64.6 19 1 6.1 -0.0
SPYV SPDR Portfolio S&P 500 Value ETF 64.2 4 16 6.5 +0.4
IVE iShares S&P 500 Value ETF 64.2 18 2 6.3 +0.2
JKF iShares Morningstar Large Cap Value ETF 61.7 25 -5 6.7 +0.6
IUSV iShares Core S&P U.S. Value ETF 60.2 4 16 6.5 +0.4
VYM Vanguard High Dividend Yield Index ETF 59.0 6 14 6.7 +0.6
SCHV Schwab U.S. Large-Cap Value ETF 56.2 4 16 6.1 0.0
DIVB iShares U.S. Dividend & Buyback ETF 53.4 25 -5 5.9 -0.2
EQWL Invesco Russell Top 200 Equal Weight ETF 52.1 25 -5 5.6 -0.5
SPXT ProShares S&P 500 Ex-Technology ETF 51.5 27 -7 4.9 -1.2
IWL iShares Russell Top 200 ETF 50.8 15 5 4.4 -1.7
DLN WisdomTree U.S. LargeCap Dividend Fund 50.1 28 -8 6.1 +0.0
DGRO iShares Core Dividend Growth ETF 49.9 8 12 6.0 -0.1
MGC Vanguard Mega Cap Index Fund 49.6 7 13 4.6 -1.5
FNDX Schwab Fundamental U.S. Large Co. Index ETF 49.1 25 -5 5.7 -0.3
PRF Invesco FTSE RAFI US 1000 ETF 48.9 39 -19 5.7 -0.3
BKLC BNY Mellon US Large Cap Core Equity ETF 48.6 0 20 4.4 -1.6
EPS WisdomTree U.S. Earnings 500 Fund 47.8 8 12 5.9 -0.2
RAFE PIMCO RAFI ESG U.S. ETF 46.5 30 -10 6.7 +0.6
DTD WisdomTree U.S.Total Dividend Fund 45.9 28 -8 6.2 +0.2
OEF iShares S&P 100 ETF 45.8 20 0 4.2 -1.9
QUS SPDR MSCI USA StrategicFactors ETF 45.6 15 5 5.3 -0.8
FNDB Schwab Fundamental U.S. Broad Market Index ETF 45.6 25 -5 5.7 -0.4
NACP Impact Shares NAACP Minority Empowerment ETF 44.7 49 -29 4.7 -1.4
ESGV Vanguard ESG U.S. Stock ETF 44.7 12 8 4.5 -1.6
VLU SPDR S&P 1500 Value Tilt ETF 44.6 12 8 6.2 +0.1
PBP Invesco S&P 500 BuyWrite ETF 44.2 49 -29 4.3 -1.8
PFM Invesco Dividend Achievers ETF 44.2 53 -33 5.0 -1.1
RWL Invesco S&P 500 Revenue ETF 44.2 39 -19 6.3 +0.2
JCTR JPMorgan Carbon Transition U.S. Equity ETF 43.6 15 5 4.7 -1.4
XYLG Global X S&P 500 Covered Call & Growth ETF 43.6 60 -40 4.4 -1.7
SPY SPDR S&P 500 ETF Trust 43.0 9 11 4.7 -1.4
IVV iShares Core S&P 500 ETF 43.0 3 17 4.7 -1.4
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 43.0 20 0 4.8 -1.3
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 42.9 20 0 4.6 -1.5
SPLG SPDR Portfolio Large Cap ETF 42.8 3 17 4.7 -1.4
ESG FlexShares STOXX US ESG Impact Index Fund 42.3 32 -12 4.5 -1.6
VOO VANGUARD S&P 500 ETF 42.3 3 17 4.8 -1.3
SPXE ProShares S&P 500 Ex-Energy ETF 42.1 27 -7 4.6 -1.5
SFY SoFi Select 500 ETF 42.0 0 20 4.6 -1.5
IUS Invesco Strategic US ETF 41.9 19 1 5.5 -0.6
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 41.7 7 13 4.5 -1.6
EFIV SPDR S&P 500 ESG ETF 41.4 10 10 4.6 -1.5
SNPE Xtrackers S&P 500 ESG ETF 41.3 10 10 4.6 -1.5
VV Vanguard Large-Cap Index Fund 41.3 4 16 4.6 -1.5
BBUS JP Morgan Betabuilders U.S. Equity ETF 40.9 2 18 4.6 -1.5
FDRR Fidelity Dividend ETF for Rising Rates 40.9 29 -9 5.9 -0.2
PBUS Invesco PureBeta MSCI USA ETF 40.6 4 16 4.6 -1.5
SPXV ProShares S&P 500 Ex-Health Care ETF 39.9 27 -7 4.3 -1.8
SCHX Schwab U.S. Large-Cap ETF 39.7 3 17 4.6 -1.5
SPTM SPDR Portfolio Total Stock Market ETF 39.6 3 17 4.8 -1.3
REVS Columbia Research Enhanced Value ETF 39.6 19 1 6.7 +0.7
XVV iShares ESG Screened S&P 500 ETF 39.2 8 12 4.9 -1.2
ESGU iShares MSCI USA ESG Optimized ETF 38.9 15 5 4.4 -1.7
SCHK Schwab 1000 Index ETF 38.9 5 15 4.6 -1.5
IWB iShares Russell 1000 ETF 38.8 15 5 4.5 -1.6
CATH Global X S&P 500 Catholic Values Custom ETF 38.7 29 -9 4.6 -1.5
SPXN ProShares S&P 500 Ex-Financials ETF 38.4 27 -7 4.3 -1.7
IYY iShares Dow Jones U.S. ETF 38.4 20 0 4.4 -1.7
IQSU IQ Candriam ESG US Equity ETF 38.2 9 11 4.5 -1.6
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 37.9 12 8 4.9 -1.2
VTHR Vanguard Russell 3000 Index Fund 37.7 10 10 4.4 -1.7
XLG Invesco S&P 500 Top 50 ETF 37.2 20 0 4.0 -2.1
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 37.1 10 10 4.8 -1.3
SUSL iShares ESG MSCI USA Leaders ETF 37.1 10 10 4.8 -1.3
FLLV Franklin Liberty U.S. Low Volatility ETF 36.8 29 -9 4.9 -1.2
IWV iShares Russell 3000 ETF 36.5 20 0 4.3 -1.8
SCHB Schwab U.S. Broad Market ETF 36.4 3 17 4.5 -1.6
OUSA O'Shares FTSE US Quality Dividend ETF 36.3 48 -28 5.5 -0.6
ITOT iShares Core S&P Total U.S. Stock Market ETF 36.2 3 17 4.4 -1.7
VONE Vanguard Russell 1000 ETF 35.9 8 12 4.6 -1.5
PWV Invesco Dynamic Large Cap Value ETF 35.7 56 -36 6.9 +0.8
SPQQ Siren Large Cap Blend Index ETF 35.6 20 0 4.2 -1.9
VTI Vanguard Total Stock Market Index Fund 35.5 3 17 4.4 -1.7
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 35.3 19 1 5.3 -0.8
HLAL Wahed FTSE USA Shariah ETF 35.2 50 -30 3.8 -2.3
DFAU Dimensional US Core Equity Market ETF 35.1 12 8 4.7 -1.4
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 35.0 30 -10 5.1 -1.0
WOMN Impact Shares YWCA Women's Empowerment ETF 34.7 75 -55 3.5 -2.5
JHML John Hancock Multifactor Large Cap ETF 34.5 29 -9 4.9 -1.2
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 34.3 15 5 0.0 -6.1
FVAL Fidelity Value Factor ETF 33.9 29 -9 6.8 +0.7
JVAL JPMorgan U.S. Value Factor ETF 33.9 12 8 7.1 +1.1
SIXA 6 Meridian Mega Cap Equity ETF 33.7 82 -62 5.8 -0.3
USMV iShares Edge MSCI Min Vol USA ETF 33.6 15 5 5.3 -0.8
DGRW WisdomTree U.S. Quality Dividend Growth Fund 33.6 28 -8 6.0 -0.1
VIG Vanguard Dividend Appreciation Index Fund 33.5 6 14 5.0 -1.1
KRMA Global X Conscious Companies ETF 33.0 43 -23 4.8 -1.2
DYNF BlackRock U.S. Equity Factor Rotation ETF 32.9 30 -10 5.3 -0.8
DSI iShares MSCI KLD 400 Social ETF 32.8 25 -5 4.6 -1.5
ACIO Aptus Collared Income Opportunity ETF 32.6 79 -59 3.8 -2.3
RECS Columbia Research Enhanced Core ETF 32.5 15 5 5.1 -1.0
FDLO Fidelity Low Volatility Factor ETF 32.0 29 -9 4.9 -1.2

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

  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 Russell Top 200 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 14.2 %
Divided by: Fwd. P/BV 2.3 x
Less: Expense ratio 20 bp
Equals: ALTAR Score 6.1 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.47 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.