iShares Russell Top 200 Value ETF
ALTAR
Score™
6.9% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
20.6x P/Sales
ratio
1.8x
P/BV
ratio
1.9x Div.
yield
2.9%


  • 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 25, 2009
Assets (mns) $543
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 134
Wgt avg mkt cap (mns) $162,475
Large cap (>$10bn) 99.9%
Mid cap ($2-10bn) 0.1%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
BERKSHIRE HATHAWAY INC-CL B 4.5 %
JOHNSON & JOHNSON 4.1 %
JPMORGAN CHASE & CO 3.7 %
INTEL CORP 3.3 %
PROCTER & GAMBLE CO/THE 3.3 %
VERIZON COMMUNICATIONS INC 2.9 %
AT&T INC 2.8 %
PFIZER INC 2.6 %
WALT DISNEY CO/THE 2.5 %
BANK OF AMERICA CORP 2.4 %
Total 32.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 94.4 %
IRELAND 2.4 %
BRITAIN 1.6 %
SWITZERLAND 0.7 %







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.
-14.0% 0.9% 5.0% 9.8% 9.4%

Market Correlations
versus... Beta R-squared
S&P500 0.95 94%
MSCI EAFE 0.99 86%
MSCI Emg. Mkts. 0.72 71%

Technical Indicators
Recent close $51.43
30d moving avg. $48.16
Annualized volatility 16.6%
Short interest (ETF) 0.2%
Short interest (Underlying) 1.7%
Relative strength (RSI) 64

Liquidity measures
Avg. volume (thou.) 151
Turnover 1.4%
Bid/Ask (% of price) 0.05%
ADV underlying (mns) $82,826

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 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™: 6.9%


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 71.5 7 13 7.0 +0.2
IWD iShares Russell 1000 Value ETF 67.5 19 1 6.9 +0.0
VONV Vanguard Russell 1000 Value Index Fund 66.7 8 12 7.0 +0.1
VTV Vanguard Value Index Fund 63.7 4 16 7.2 +0.3
SPYV SPDR Portfolio S&P 500 Value ETF 60.7 4 16 7.2 +0.3
IVE iShares S&P 500 Value ETF 60.6 18 2 7.1 +0.2
VOOV Vanguard S&P 500 Value ETF 59.8 15 5 7.1 +0.2
VYM Vanguard High Dividend Yield Index ETF 58.6 6 14 7.1 +0.2
JKF iShares Morningstar Large Cap Value ETF 58.1 25 -5 7.5 +0.6
IUSV iShares Core S&P U.S. Value ETF 57.2 4 16 7.3 +0.4
SCHV Schwab U.S. Large-Cap Value ETF 55.9 4 16 7.0 +0.1
DLN WisdomTree U.S. LargeCap Dividend Fund 52.3 28 -8 6.3 -0.6
RAFE PIMCO RAFI ESG U.S. ETF 51.4 29 -9 7.6 +0.7
REVS Columbia Research Enhanced Value ETF 48.4 19 1 7.4 +0.5
PRF Invesco FTSE RAFI US 1000 ETF 48.2 39 -19 6.7 -0.2
DGRO iShares Core Dividend Growth ETF 47.6 8 12 6.4 -0.5
SPXT ProShares S&P 500 Ex-Technology ETF 47.6 27 -7 5.6 -1.3
FNDX Schwab Fundamental U.S. Large Co. Index ETF 47.4 25 -5 6.4 -0.4
DTD WisdomTree U.S.Total Dividend Fund 47.2 28 -8 6.5 -0.4
USDY Pacific Global US Equity Income ETF 46.5 29 -9 7.6 +0.7
IWL iShares Russell Top 200 ETF 46.3 15 5 5.1 -1.8
EPS WisdomTree U.S. Earnings 500 Fund 46.3 8 12 6.4 -0.5
EQWL Invesco Russell Top 200 Equal Weight ETF 46.1 25 -5 5.9 -1.0
DIVB iShares U.S. Dividend & Buyback ETF 45.3 25 -5 6.4 -0.5
VLU SPDR S&P 1500 Value Tilt ETF 44.9 12 8 7.0 +0.2
FNDB Schwab Fundamental U.S. Broad Market Index ETF 44.4 25 -5 6.4 -0.5
MGC Vanguard Mega Cap Index Fund 43.9 7 13 5.3 -1.6
OEF iShares S&P 100 ETF 42.8 20 0 4.9 -2.0
PFM Invesco Dividend Achievers ETF 41.9 54 -34 5.3 -1.6
PBP Invesco S&P 500 BuyWrite ETF 41.8 49 -29 5.1 -1.8
RWL Invesco S&P 500 Revenue ETF 41.3 39 -19 6.7 -0.2
ESG FlexShares STOXX US ESG Impact Index Fund 41.2 32 -12 5.1 -1.8
OUSA O'Shares FTSE US Quality Dividend ETF 41.0 48 -28 5.6 -1.2
FDRR Fidelity Dividend ETF for Rising Rates 40.9 29 -9 6.9 +0.0
HSPX Global X S&P 500 Covered Call ETF 40.5 65 -45 4.9 -2.0
IUS Invesco Strategic US ETF 39.7 19 1 6.1 -0.8
FMK First Trust Mega Cap AlphaDEX Fund 39.5 70 -50 5.2 -1.7
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 39.0 12 8 4.8 -2.1
SPLG SPDR Portfolio Large Cap ETF 38.7 3 17 5.5 -1.4
SPY SPDR S&P 500 ETF Trust 38.7 9 11 5.4 -1.5
IVV iShares Core S&P 500 ETF 38.7 4 16 5.4 -1.4
VOO VANGUARD S&P 500 ETF 38.4 3 17 5.5 -1.4
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 37.9 20 0 5.4 -1.4
VV Vanguard Large-Cap Index Fund 37.8 4 16 5.3 -1.6
HLAL Wahed FTSE USA Shariah ETF 37.5 50 -30 4.6 -2.3
SPXE ProShares S&P 500 Ex-Energy ETF 37.4 27 -7 5.4 -1.5
SNPE Xtrackers S&P 500 ESG ETF 37.1 11 9 5.2 -1.7
PBUS Invesco PureBeta MSCI USA ETF 36.9 4 16 5.3 -1.6
PWV Invesco Dynamic Large Cap Value ETF 36.9 55 -35 8.1 +1.2
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 36.8 20 0 5.0 -1.9
BBUS JP Morgan Betabuilders U.S. Equity ETF 36.7 2 18 5.4 -1.5
SFY SoFi Select 500 ETF 36.6 0 20 5.3 -1.6
XLG Invesco S&P 500 Top 50 ETF 36.4 20 0 4.7 -2.2
RECS Columbia Research Enhanced Core ETF 36.2 15 5 5.6 -1.3
SCHX Schwab U.S. Large-Cap ETF 36.1 3 17 5.3 -1.6
NACP Impact Shares NAACP Minority Empowerment ETF 36.0 75 -55 4.5 -2.4
DJD Invesco Dow Jones Industrial Average Dividend ETF 36.0 7 13 6.5 -0.4
SPTM SPDR Portfolio Total Stock Market ETF 35.8 3 17 5.5 -1.4
EDOW First Trust Dow 30 Equal Weight ETF 35.6 50 -30 5.7 -1.2
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 35.5 29 -9 6.1 -0.8
SPXV ProShares S&P 500 Ex-Health Care ETF 35.5 27 -7 5.1 -1.8
IWB iShares Russell 1000 ETF 35.3 15 5 5.2 -1.7
VONE Vanguard Russell 1000 ETF 35.0 8 12 5.3 -1.6
SCHK Schwab 1000 Index ETF 35.0 5 15 5.3 -1.6
SPXN ProShares S&P 500 Ex-Financials ETF 34.7 27 -7 5.1 -1.8
IYY iShares Dow Jones U.S. ETF 34.6 20 0 5.2 -1.7
FVAL Fidelity Value Factor ETF 34.6 29 -9 8.0 +1.1
CATH Global X S&P 500 Catholic Values Custom ETF 34.4 29 -9 5.3 -1.6
JVAL JPMorgan U.S. Value Factor ETF 34.1 12 8 8.6 +1.7
QUS SPDR MSCI USA StrategicFactors ETF 33.9 15 5 5.8 -1.1
JKD iShares Morningstar Large-Cap ETF 33.6 20 0 5.8 -1.1
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 33.6 75 -55 6.0 -0.9
ESGU iShares MSCI USA ESG Optimized ETF 33.4 15 5 5.1 -1.8
QDEF FlexShares Quality Dividend Defensive Index Fund 33.4 37 -17 6.2 -0.7
IWV iShares Russell 3000 ETF 33.3 20 0 5.1 -1.8
VTI Vanguard Total Stock Market Index Fund 33.3 3 17 5.2 -1.7
WOMN Impact Shares YWCA Women's Empowerment ETF 33.3 75 -55 4.5 -2.4
SCHB Schwab U.S. Broad Market ETF 33.3 3 17 5.3 -1.6
ITOT iShares Core S&P Total U.S. Stock Market ETF 33.2 3 17 5.2 -1.7
VTHR Vanguard Russell 3000 Index Fund 33.1 10 10 5.2 -1.7
FLLV Franklin Liberty U.S. Low Volatility ETF 32.8 29 -9 5.6 -1.3
IQSU IQ Candriam ESG US Equity ETF 32.8 9 11 5.2 -1.7
DYNF BlackRock U.S. Equity Factor Rotation ETF 32.8 30 -10 6.6 -0.3
FDVV Fidelity Core Dividend ETF 32.2 29 -9 7.2 +0.3
SUSL iShares ESG MSCI USA Leaders ETF 31.9 10 10 5.4 -1.5
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 31.9 10 10 5.4 -1.5
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 31.2 15 5 6.7 -0.2
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 31.1 15 5 6.3 -0.6
JHML John Hancock Multifactor Large Cap ETF 31.1 34 -14 5.5 -1.4
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 30.9 25 -5 6.1 -0.8
QVM Arrow QVM Equity Factor ETF 30.9 65 -45 4.9 -2.0
SPMV Invesco S&P 500 Minimum Variance ETF 30.6 10 10 5.7 -1.2
LVUS Hartford Multifactor Low Volatility US Equity ETF 30.6 19 1 5.9 -1.0
ROUS Hartford Multifactor US Equity ETF 30.5 19 1 7.1 +0.2
USMV iShares Edge MSCI Min Vol USA ETF 30.5 15 5 5.6 -1.3
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 30.5 19 1 5.6 -1.3
DIA SPDR Dow Jones Industrial Average ETF Trust 30.3 16 4 5.5 -1.4
QDF FlexShares Quality Dividend Index Fund 30.3 37 -17 6.8 -0.1
STLV iShares Factors US Value Style ETF 30.2 25 -5 7.8 +0.9
NULV Nuveen ESG Large-Cap Value ETF 30.0 35 -15 7.3 +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%.

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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 13.0 %
Divided by: Fwd. P/BV 1.8 x
Less: Expense ratio 20 bp
Equals: ALTAR Score 6.9 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.51 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.