iShares Global Comm Services ETF
ALTAR
Score™
6.1% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
20.6x P/Sales
ratio
2.4x
P/BV
ratio
2.6x Div.
yield
1.7%


  • 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 16, 2001
Assets (mns) $280
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 68
Wgt avg mkt cap (mns) $413,226
Large cap (>$10bn) 95.8%
Mid cap ($2-10bn) 4.2%
Small cap (<$2bn) 0.0%
Developed mkts 90.2%
Emerging mkts 9.8%

TOP TEN HOLDINGS
FACEBOOK 14.6 %
ALPHABET INC. CLASS A 10.9 %
ALPHABET INC. CLASS C 10.9 %
TENCENT HOLDINGS LTD 7.9 %
NETFLIX INC 4.9 %
WALT DISNEY CO/THE 4.8 %
COMCAST CORP-CL A 3.9 %
VERIZON COMMUNICATIONS INC 3.6 %
AT&T INC 3.3 %
CHARTER COMMUNICATIONS, INC. CLASS 2.6 %
Total 67.2 %

TOP COUNTRY EXPOSURE
UNITED STATES 67.5 %
JAPAN 8.4 %
CHINA 7.9 %
BRITAIN 2.6 %
CANADA 2.5 %
GERMANY 1.7 %
FRANCE 1.6 %
HONG KONG 1.3 %
SOUTH KOREA 0.9 %
AUSTRALIA 0.8 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru April 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-6.4% -0.7% 1.1% 5.8% 4.3%

Market Correlations
versus... Beta R-squared
S&P500 0.82 77%
MSCI EAFE 0.88 77%
MSCI Emg. Mkts. 0.66 67%

Technical Indicators
Recent close $59.63
30d moving avg. $56.85
Annualized volatility 15.7%
Short interest (ETF) 0.5%
Relative strength (RSI) 65

Liquidity measures
Avg. volume (thou.) 28
Turnover 0.6%
Bid/Ask (% of price) 0.30%
ADV underlying (mns) $34,514

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 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™: 6.1%


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 66.9 10 36 5.2 -0.9
FCOM Fidelity MSCI Telecommunication Services Index ETF 66.9 8 38 5.4 -0.7
XLC The Communication Services Select Sector SPDR Fund 66.5 13 33 6.1 +0.1
JHCS John Hancock Multifactor Media & Communications ETF 44.7 40 6 5.9 -0.2
EWCO Invesco S&P 500 Equal Weight Communication Services ETF 40.3 40 6 8.2 +2.1
JOYY Infusive Compounding Global Equities ETF 29.9 50 -4 4.1 -2.0
TTTN UP Fintech China-U.S. Internet Titans ETF 29.4 59 -13 5.2 -0.9
SOCL Global X Social Media ETF 25.5 65 -19 2.4 -3.7
IEME iShares Evolved U.S. Media & Entertainment ETF 24.1 18 28 7.9 +1.8
QYLD Global X NASDAQ 100 Covered Call ETF 21.1 60 -14 3.8 -2.3
FDN First Trust Dow Jones Internet Index Fund 20.8 52 -6 2.6 -3.5
PNQI Invesco NASDAQ Internet ETF 20.6 62 -16 1.3 -4.8
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 20.5 47 -1 7.1 +1.0
NUSI Nationwide Risk-Managed Income ETF 20.1 68 -22 3.8 -2.3
QQQ Invesco QQQ Trust 20.0 20 26 4.2 -1.9
VEGN US Vegan Climate ETF 19.2 60 -14 5.5 -0.6
PBS Invesco Dynamic Media ETF 19.1 63 -17 -2.4 -8.5
XLG Invesco S&P 500 Top 50 ETF 18.2 20 26 4.8 -1.3
IGM iShares North American Tech ETF 18.1 46 0 4.1 -2.0
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 17.9 12 34 5.0 -1.1
GENY Principal Millennials Index ETF 17.6 45 1 4.5 -1.6
IYC iShares U.S. Consumer Services ETF 17.5 42 4 4.6 -1.5
OGIG O'Shares Global Internet Giants ETF 16.9 48 -2 0.6 -5.5
FMK First Trust Mega Cap AlphaDEX Fund 16.9 70 -24 5.5 -0.6
TMFC Motley Fool 100 Index ETF 16.8 50 -4 4.1 -2.0
ENTR Entrepreneur 30 Fund 16.7 49 -3 3.1 -3.0
MGK Vanguard Mega Cap Growth ETF 16.6 7 39 4.4 -1.7
DUSA Davis Select U.S. Equity ETF 16.2 63 -17 6.3 +0.2
LRGE ClearBridge Large Cap Growth ESG ETF 16.2 60 -14 4.1 -2.0
IETC iShares Evolved U.S. Technology ETF 16.0 18 28 4.2 -1.9
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 15.6 21 25 3.3 -2.8
OEF iShares S&P 100 ETF 15.3 20 26 5.1 -1.0
SPXT ProShares S&P 500 Ex-Technology ETF 15.3 27 19 6.0 -0.1
GBUY Goldman Sachs Motif New Age Consumer ETF 15.0 50 -4 2.4 -3.7
MILN Global X Millennials Thematic ETF 14.9 50 -4 3.3 -2.8
VUG Vanguard Growth Index Fund 14.2 4 42 4.3 -1.8
IWY iShares Russell Top 200 Growth ETF 14.1 20 26 4.4 -1.7
AIQ Global X Future Analytics Tech ETF 13.9 68 -22 4.3 -1.8
DSI iShares MSCI KLD 400 Social ETF 13.9 25 21 5.5 -0.6
JKE iShares Morningstar Large-Cap Growth ETF 13.9 25 21 3.6 -2.5
SCHG Schwab U.S. Large-Cap Growth ETF 13.9 4 42 4.5 -1.6
VOOG Vanguard S&P 500 Growth ETF 13.6 10 36 4.6 -1.5
SPYG SPDR Portfolio S&P 500 Growth ETF 13.5 4 42 4.6 -1.5
XOUT GraniteShares XOUT U.S. Large Cap ETF 13.5 60 -14 4.7 -1.4
IVW iShares S&P 500 Growth ETF 13.5 18 28 4.5 -1.6
SPXV ProShares S&P 500 Ex-Health Care ETF 13.3 27 19 5.4 -0.7
NACP Impact Shares NAACP Minority Empowerment ETF 13.1 75 -29 4.8 -1.3
GVIP Goldman Sachs Hedge Industry VIP ETF 13.1 45 1 4.7 -1.4
IWL iShares Russell Top 200 ETF 12.9 15 31 5.4 -0.7
SPXN ProShares S&P 500 Ex-Financials ETF 12.9 27 19 5.3 -0.8
CACG ClearBridge All Cap Growth ETF 12.8 54 -8 4.7 -1.4
IUSG iShares Core S&P US Growth ETF 12.7 4 42 4.6 -1.5
SNPE Xtrackers S&P 500 ESG ETF 12.7 11 35 5.4 -0.7
MGC Vanguard Mega Cap Index Fund 12.3 7 39 5.6 -0.5
ESPO VanEck Vectors Video Gaming & eSports ETF 12.3 55 -9 2.9 -3.2
BVAL Brand Value ETF 12.2 65 -19 6.6 +0.5
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 12.2 19 27 5.9 -0.2
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 11.9 15 31 6.7 +0.6
PBP Invesco S&P 500 BuyWrite ETF 11.9 49 -3 5.3 -0.8
HSPX Global X S&P 500 Covered Call ETF 11.9 65 -19 5.2 -0.9
ACSI American Customer Satisfaction Core Alpha ETF 11.8 66 -20 5.3 -0.8
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 11.7 15 31 7.2 +1.1
MTUM iShares Edge MSCI USA Momentum Factor ETF 11.7 15 31 4.8 -1.3
DWLD Davis Select Worldwide ETF 11.7 64 -18 7.3 +1.2
VONG Vanguard Russell 1000 Growth Index Fund 11.7 8 38 4.6 -1.5
IWF iShares Russell 1000 Growth ETF 11.6 19 27 4.5 -1.6
TECB iShares US Tech Breakthrough Multisector ETF 11.6 40 6 4.1 -2.0
SPXE ProShares S&P 500 Ex-Energy ETF 11.6 27 19 5.7 -0.4
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 11.6 20 26 5.8 -0.3
ESG FlexShares STOXX US ESG Impact Index Fund 11.5 32 14 5.4 -0.7
QUAL iShares MSCI Usa Quality Factor ETF 11.5 15 31 5.7 -0.4
ESGV Vanguard ESG U.S. Stock ETF 11.5 12 34 5.6 -0.5
EPS WisdomTree U.S. Earnings 500 Fund 11.4 8 38 6.9 +0.8
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 11.4 49 -3 4.3 -1.8
CATH Global X S&P 500 Catholic Values Custom ETF 11.3 29 17 5.6 -0.5
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 11.2 20 26 5.3 -0.8
SPLG SPDR Portfolio Large Cap ETF 11.2 3 43 5.8 -0.3
SPY SPDR S&P 500 ETF Trust 11.2 9 37 5.7 -0.4
IVV iShares Core S&P 500 ETF 11.2 4 42 5.8 -0.3
GCOW Pacer Global High Dividend ETF 11.2 60 -14 11.7 +5.6
VOO VANGUARD S&P 500 ETF 11.2 3 43 5.8 -0.3
WOMN Impact Shares YWCA Women's Empowerment ETF 11.1 75 -29 4.8 -1.3
EXT WisdomTree U.S. Total Earnings Fund 11.1 28 18 6.1 +0.0
XNTK SPDR Morgan Stanley Technology ETF 11.1 35 11 4.1 -2.0
IQSU IQ Candriam ESG US Equity ETF 11.0 9 37 5.5 -0.6
IWX iShares Russell Top 200 Value ETF 10.9 20 26 7.4 +1.3
VV Vanguard Large-Cap Index Fund 10.9 4 42 5.6 -0.5
RECS Columbia Research Enhanced Core ETF 10.7 15 31 5.9 -0.2
PBUS Invesco PureBeta MSCI USA ETF 10.7 4 42 5.7 -0.4
IUS Invesco Strategic US ETF 10.7 19 27 6.5 +0.5
BBUS JP Morgan Betabuilders U.S. Equity ETF 10.7 2 44 5.7 -0.4
DEW WisdomTree Global High Dividend Fund 10.5 58 -12 9.9 +3.8
AIA iShares Asia 50 ETF 10.5 50 -4 9.6 +3.5
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 10.5 10 36 5.7 -0.4
SUSL iShares ESG MSCI USA Leaders ETF 10.5 10 36 5.7 -0.4
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 10.5 75 -29 3.9 -2.2
SCHX Schwab U.S. Large-Cap ETF 10.4 3 43 5.7 -0.4
FVAL Fidelity Value Factor ETF 10.3 29 17 8.7 +2.7
SPTM SPDR Portfolio Total Stock Market ETF 10.3 3 43 5.9 -0.2
PWV Invesco Dynamic Large Cap Value ETF 10.3 55 -9 8.9 +2.8

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:

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 16.1 %
Divided by: Fwd. P/BV 2.5 x
Less: Expense ratio 46 bp
Equals: ALTAR Score 6.1 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.34 CATEGORY
AVERAGE
1.51
 
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.