iShares Global Comm Services ETF
ALTAR
Score™
5.9% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
21.6x P/Sales
ratio
2.6x
P/BV
ratio
2.7x Div.
yield
1.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares Global Comm Services ETF seeks to track the investment results of an index composed of global equities in the communication services sector.

FUND BASICS
Category Global Equities
Fund Sponsor Barclays Global Fund Advisors
Website www.ishares.com
Inception date Nov 12, 2001
Assets (mns) $304
Currency USD
Expense ratio 46 bp
Distributions Semi-Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 69
Wgt avg mkt cap (mns) $430,022
Large cap (>$10bn) 97.1%
Mid cap ($2-10bn) 2.9%
Small cap (<$2bn) 0.0%
Developed mkts 88.9%
Emerging mkts 11.1%

TOP TEN HOLDINGS
FACEBOOK 14.5 %
ALPHABET INC. CLASS A 10.2 %
ALPHABET INC. CLASS C 10.0 %
TENCENT HOLDINGS LTD 9.2 %
COMCAST CORP-CL A 4.8 %
NETFLIX INC 4.7 %
VERIZON COMMUNICATIONS INC 4.4 %
WALT DISNEY CO/THE 4.4 %
AT&T INC 3.8 %
SOFTBANK GROUP CORP. 2.8 %
Total 68.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 67.8 %
CHINA 9.2 %
JAPAN 8.7 %
CANADA 2.2 %
BRITAIN 1.9 %
GERMANY 1.6 %
FRANCE 1.6 %
SOUTH KOREA 1.0 %
HONG KONG 1.0 %
AUSTRALIA 0.7 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
14.3% 23.7% 6.5% 7.4% 5.3%

Market Correlations
versus... Beta R-squared
S&P500 0.84 81%
MSCI EAFE 0.90 78%
MSCI Emg. Mkts. 0.65 66%

Technical Indicators
Recent close $64.69
30d moving avg. $67.62
Annualized volatility 16.3%
Short interest (ETF) 0.7%
Relative strength (RSI) 44

Liquidity measures
Avg. volume (thou.) 18
Turnover 0.4%
Bid/Ask (% of price) 0.23%
ADV underlying (mns) $6,023

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 potential alternatives to the iShares Global Comm Services ETF ETF based on the alternatives' overlap in portfolio holdings with IXP. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IXP Expense: 46 bp ALTAR Score™: 5.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IXP
Ticker Fund
Name
Overlap1
vs IXP
(%)
Expense
ratio
(bp)
Savings
vs IXP
(bp)
ALTAR
Score™
(%)
ALTAR
vs IXP
(%)
VOX Vanguard Telecommunication Services Index Fund 67.7 10 36 4.9 -1.0
FCOM Fidelity MSCI Telecommunication Services Index ETF 67.6 8 38 5.1 -0.8
XLC The Communication Services Select Sector SPDR Fund 67.3 13 33 5.8 -0.1
JHCS John Hancock Multifactor Media & Communications ETF 45.7 40 6 5.4 -0.5
EWCO Invesco S&P 500 Equal Weight Communication Services ETF 42.0 40 6 7.2 +1.3
TTTN UP Fintech China-U.S. Internet Titans ETF 26.0 59 -13 4.3 -1.6
IEME iShares Evolved U.S. Media & Entertainment ETF 24.0 18 28 7.2 +1.3
SOCL Global X Social Media ETF 23.5 65 -19 1.8 -4.0
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 22.0 47 -1 6.4 +0.6
PBS Invesco Dynamic Media ETF 20.6 63 -17 6.5 +0.7
FDN First Trust Dow Jones Internet Index Fund 20.0 52 -6 2.1 -3.8
SPQQ Siren Large Cap Blend Index ETF 19.6 20 26 5.3 -0.5
QYLD Global X NASDAQ 100 Covered Call ETF 18.4 60 -14 5.5 -0.4
VEGN US Vegan Climate ETF 18.4 60 -14 5.8 -0.1
QQQ Invesco QQQ Trust 18.3 20 26 5.8 -0.1
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 18.3 60 -14 5.4 -0.5
NUSI Nationwide Risk-Managed Income ETF 18.3 68 -22 5.5 -0.4
PLAT WisdomTree Modern Tech Platforms Fund 18.0 20 26 1.8 -4.0
IYC iShares U.S. Consumer Services ETF 17.8 43 3 3.9 -1.9
PNQI Invesco NASDAQ Internet ETF 17.7 60 -14 1.0 -4.8
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 17.5 12 34 5.1 -0.8
GBGR Global Beta Momentum-Growth ETF 17.3 29 17 4.4 -1.5
ENTR Entrepreneur 30 Fund 17.1 49 -3 1.3 -4.5
XLG Invesco S&P 500 Top 50 ETF 16.9 20 26 5.9 +0.0
IGM iShares Expanded Tech Sector ETF 16.9 46 0 5.3 -0.5
JOYY Infusive Compounding Global Equities ETF 16.8 50 -4 6.2 +0.3
FMK First Trust Mega Cap AlphaDEX Fund 16.5 70 -24 5.0 -0.9
TMFC Motley Fool 100 Index ETF 16.2 50 -4 5.2 -0.7
GVIP Goldman Sachs Hedge Industry VIP ETF 15.9 45 1 4.0 -1.9
MGK Vanguard Mega Cap Growth ETF 15.8 7 39 6.2 +0.3
OGIG O'Shares Global Internet Giants ETF 15.5 48 -2 0.8 -5.1
DUSA Davis Select U.S. Equity ETF 15.1 63 -17 6.3 +0.4
SPXT ProShares S&P 500 Ex-Technology ETF 15.0 27 19 5.6 -0.3
GENY Principal Millennials Index ETF 14.8 45 1 4.2 -1.7
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 14.6 21 25 3.5 -2.3
OEF iShares S&P 100 ETF 14.6 20 26 5.9 +0.0
HIPR Direxion High Growth ETF 14.4 40 6 6.9 +1.0
IETC iShares Evolved U.S. Technology ETF 13.8 18 28 5.9 +0.1
MMLG First Trust Multi-Manager Large Growth ETF 13.7 85 -39 2.6 -3.3
GBUY Goldman Sachs Motif New Age Consumer ETF 13.6 50 -4 1.8 -4.1
MILN Global X Millennials Thematic ETF 13.6 50 -4 2.8 -3.0
CCON Direxion Connected Consumer ETF 13.5 45 1 1.4 -4.4
JKE iShares Morningstar Large-Cap Growth ETF 13.1 25 21 2.8 -3.0
ESG FlexShares STOXX US ESG Impact Index Fund 13.1 32 14 5.7 -0.2
DSI iShares MSCI KLD 400 Social ETF 13.0 25 21 5.1 -0.8
ESPO VanEck Vectors Video Gaming & eSports ETF 12.9 55 -9 2.7 -3.2
ACSI American Customer Satisfaction Core Alpha ETF 12.8 66 -20 5.9 +0.0
VOOG Vanguard S&P 500 Growth ETF 12.8 10 36 5.8 -0.0
SPXV ProShares S&P 500 Ex-Health Care ETF 12.7 27 19 5.8 -0.1
DWEQ AdvisorShares Dorsey Wright Alpha Equal Weight ETF 12.7 99 -53 2.1 -3.8
IWX iShares Russell Top 200 Value ETF 12.5 20 26 6.9 +1.0
IVW iShares S&P 500 Growth ETF 12.5 18 28 5.7 -0.1
SFYF SoFi 50 ETF 12.4 29 17 2.7 -3.1
SPXN ProShares S&P 500 Ex-Financials ETF 12.4 27 19 5.8 -0.1
SPYG SPDR Portfolio S&P 500 Growth ETF 12.3 4 42 5.9 +0.0
VUG Vanguard Growth Index Fund 12.3 4 42 5.6 -0.3
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 12.3 19 27 6.8 +0.9
BKLC BNY Mellon US Large Cap Core Equity ETF 12.3 0 46 6.0 +0.2
AIQ Global X Future Analytics Tech ETF 12.2 68 -22 4.2 -1.7
IYW iShares U.S. Technology ETF 12.2 43 3 7.2 +1.4
IWL iShares Russell Top 200 ETF 12.2 15 31 5.8 -0.0
SYG SPDR MFS Systematic Growth Equity ETF 12.1 60 -14 5.4 -0.5
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 12.0 15 31 6.9 +1.0
XOUT GraniteShares XOUT U.S. Large Cap ETF 11.9 60 -14 5.4 -0.5
IWY iShares Russell Top 200 Growth ETF 11.9 20 26 6.1 +0.3
SNPE Xtrackers S&P 500 ESG ETF 11.8 10 36 6.0 +0.2
FTHI First Trust High Income ETF 11.8 85 -39 5.7 -0.1
IUSG iShares Core S&P US Growth ETF 11.8 4 42 5.8 -0.0
MGC Vanguard Mega Cap Index Fund 11.7 7 39 6.0 +0.1
ESGV Vanguard ESG U.S. Stock ETF 11.7 12 34 5.9 +0.0
AIA iShares Asia 50 ETF 11.6 50 -4 8.3 +2.4
TECB iShares US Tech Breakthrough Multisector ETF 11.5 40 6 4.8 -1.1
NACP Impact Shares NAACP Minority Empowerment ETF 11.5 75 -29 5.7 -0.2
SCHG Schwab U.S. Large-Cap Growth ETF 11.4 4 42 5.5 -0.3
FTLB First Trust Hedged BuyWrite Income ETF 11.4 85 -39 5.7 -0.1
SYE SPDR MFS Systematic Core Equity ETF 11.3 60 -14 6.6 +0.8
EPS WisdomTree U.S. Earnings 500 Fund 11.2 8 38 7.2 +1.4
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 11.1 15 31 7.1 +1.3
SPXE ProShares S&P 500 Ex-Energy ETF 11.1 27 19 6.1 +0.2
QUAL iShares MSCI Usa Quality Factor ETF 11.0 15 31 6.0 +0.1
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 10.9 20 26 6.1 +0.2
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 10.9 49 -3 5.7 -0.2
DEW WisdomTree Global High Dividend Fund 10.9 58 -12 9.8 +3.9
SPY SPDR S&P 500 ETF Trust 10.8 9 37 6.1 +0.2
PBP Invesco S&P 500 BuyWrite ETF 10.8 49 -3 5.7 -0.2
FDNI First Trust Dow Jones International Internet ETF 10.8 65 -19 2.2 -3.6
JKF iShares Morningstar Large Cap Value ETF 10.8 25 21 7.8 +1.9
XYLG Global X S&P 500 Covered Call & Growth ETF 10.8 60 -14 5.7 -0.2
SPLG SPDR Portfolio Large Cap ETF 10.7 3 43 6.1 +0.3
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 10.7 20 26 5.7 -0.2
CATH Global X S&P 500 Catholic Values Custom ETF 10.7 29 17 5.9 +0.1
FDG American Century Focused Dynamic Growth ETF 10.7 45 1 1.7 -4.2
HSPX Global X S&P 500 Covered Call ETF 10.7 60 -14 5.5 -0.3
DWLD Davis Select Worldwide ETF 10.7 63 -17 6.8 +0.9
VOO VANGUARD S&P 500 ETF 10.7 3 43 6.1 +0.3
IVV iShares Core S&P 500 ETF 10.7 3 43 6.1 +0.3
GCOW Pacer Global High Dividend ETF 10.6 60 -14 10.9 +5.0
EXT WisdomTree U.S. Total Earnings Fund 10.5 28 18 6.1 +0.2
LRGE ClearBridge Large Cap Growth ESG ETF 10.5 59 -13 4.5 -1.3

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 Global Comm Services 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 16.1 %
Divided by: Fwd. P/BV 2.5 x
Less: Expense ratio 46 bp
Equals: ALTAR Score 5.9 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.34 CATEGORY
AVERAGE
1.50
 
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.