ishares Core MSCI Total International Stock ETF
ALTAR
Score™
7.3% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
20.5x P/Sales
ratio
1.3x
P/BV
ratio
1.4x Div.
yield
2.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares Core MSCI Total International Stock ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track the MSCI ACWI ex USA Investable Market Index.

FUND BASICS
Category International Equities
Fund Sponsor BlackRock Fund Advisors
Website www.ishares.com
Inception date Oct 18, 2012
Assets (mns) $20,734
Currency USD
Expense ratio 9 bp
Distributions Semi-Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 4295
Wgt avg mkt cap (mns) $78,252
Large cap (>$10bn) 72.4%
Mid cap ($2-10bn) 20.0%
Small cap (<$2bn) 6.3%
Developed mkts 73.9%
Emerging mkts 25.3%

TOP TEN HOLDINGS
ALIBABA GROUP HOLDING LTD. SPONSOR 1.9 %
TENCENT HOLDINGS LTD 1.6 %
TAIWAN SEMICONDUCTOR MANUFAC 1.5 %
NESTLE SA-REG 1.4 %
ROCHE HOLDING AG-GENUSSCHEIN 1.0 %
SAMSUNG ELECTRONICS CO LTD 0.9 %
NOVARTIS AG-REG 0.7 %
SAP AG 0.7 %
ASML HOLDING NV 0.6 %
ASTRAZENECA PLC 0.6 %
Total 10.9 %

TOP COUNTRY EXPOSURE
JAPAN 15.9 %
CHINA 9.6 %
BRITAIN 8.7 %
CANADA 6.5 %
SWITZERLAND 6.3 %
FRANCE 5.9 %
GERMANY 5.7 %
AUSTRALIA 4.5 %
TAIWAN 3.9 %
SOUTH KOREA 3.5 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru July 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-7.3% 1.2% 3.4% -- 4.9%

Market Correlations
versus... Beta R-squared
S&P500 0.86 82%
MSCI EAFE 1.01 96%
MSCI Emg. Mkts. 0.76 89%

Technical Indicators
Recent close $59.14
30d moving avg. $57.56
Annualized volatility 16.3%
Short interest (ETF) 0.6%
Relative strength (RSI) 64

Liquidity measures
Avg. volume (thou.) 1,325
Turnover 0.4%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $150,714

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 potential alternatives to the ishares Core MSCI Total International Stock ETF ETF based on the alternatives' overlap in portfolio holdings with IXUS. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IXUS Expense: 9 bp ALTAR Score™: 7.3%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IXUS
Ticker Fund
Name
Overlap1
vs IXUS
(%)
Expense
ratio
(bp)
Savings
vs IXUS
(bp)
ALTAR
Score™
(%)
ALTAR
vs IXUS
(%)
VXUS Vanguard Total International Stock Index Fund 87.6 8 1 7.4 +0.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 83.0 40 -31 6.9 -0.4
ACWX iShares MSCI ACWI ex U.S. ETF 82.9 32 -23 7.1 -0.1
VEU Vanguard FTSE All-World ex-US Index Fund 82.8 8 1 7.4 +0.2
VEA Vanguard FTSE Developed Markets ETF 70.9 5 4 7.3 +0.0
IDEV iShares Core MSCI International Developed Markets ETF 66.8 5 4 7.1 -0.2
VSGX Vanguard ESG International Stock ETF 66.4 17 -8 7.0 -0.3
SPDW SPDR Portfolio Developed World ex-US ETF 65.7 4 5 7.0 -0.3
SCHF Schwab International Equity ETF 65.4 6 3 7.2 -0.1
CWI SPDR MSCI ACWI ex-US ETF 64.5 30 -21 7.1 -0.2
IEFA iShares Core MSCI EAFE ETF 62.6 7 2 7.2 -0.1
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 60.3 7 2 7.4 +0.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 56.9 39 -30 8.2 +0.9
EFA iShares MSCI EAFE ETF 54.6 32 -23 6.9 -0.3
HFXI IQ 50 Percent Hedged FTSE International ETF 54.3 20 -11 7.3 +0.0
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 54.3 35 -26 6.7 -0.6
GSID Goldman Sachs MarketBeta International Equity ETF 52.9 20 -11 7.2 -0.1
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 52.6 45 -36 8.7 +1.4
BKIE BNY Mellon International Equity ETF 51.7 4 5 7.2 -0.0
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 50.4 20 -11 7.0 -0.3
GSIE Goldman Sachs ActiveBeta International Equity ETF 50.4 25 -16 6.5 -0.8
FNDF Schwab Fundamental International Large Co. Index ETF 50.0 25 -16 8.6 +1.3
JHMD John Hancock Multifactor Developed International ETF 48.4 39 -30 7.3 +0.1
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 45.9 39 -30 6.4 -0.9
QEFA SPDR MSCI EAFE Quality Mix ETF 44.2 30 -21 6.8 -0.5
ACSG Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF 44.2 16 -7 6.8 -0.5
PDEV Principal International Multi-Factor Core Index ETF 42.5 25 -16 7.7 +0.5
AVDE Avantis International Equity ETF 42.3 23 -14 7.7 +0.4
ESGD iShares MSCI EAFE ESG Optimized ETF 41.9 20 -11 6.8 -0.5
DWM WisdomTree International Equity Fund 40.5 48 -39 8.2 +0.9
ACWI iShares MSCI ACWI ETF 40.4 32 -23 5.7 -1.6
ISZE iShares Edge MSCI Intl Size Factor ETF 40.3 30 -21 7.2 -0.0
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 39.8 35 -26 8.4 +1.1
ISDX Invesco Strategic Developed ex-US ETF 39.8 23 -14 7.2 -0.1
IEUR iShares Core MSCI Europe ETF 38.6 9 0 7.1 -0.2
FEU SPDR Portfolio Europe ETF 38.5 9 0 7.2 -0.1
VGK Vanguard FTSE Europe ETF 38.5 8 1 7.3 +0.0
IQSI IQ Candriam ESG International Equity ETF 38.5 15 -6 7.2 -0.1
VT Vanguard Total World Stock Index Fund 38.0 8 1 5.9 -1.3
LOWC SPDR MSCI ACWI Low Carbon Target ETF 37.8 20 -11 5.9 -1.4
CIL VictoryShares International Volatility Weighted Index ETF 37.7 45 -36 6.5 -0.7
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 37.7 45 -36 6.5 -0.8
CRBN iShares MSCI ACWI Low Carbon Target ETF 37.2 20 -11 5.9 -1.4
HFXE IQ 50 PERCENT HEDGED FTSE EUROPE ETF 35.7 30 -21 6.9 -0.4
FLEE Franklin FTSE Europe ETF 35.6 9 0 6.9 -0.4
FLEH Franklin FTSE Europe Hedged ETF 35.6 9 0 7.0 -0.3
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 35.5 35 -26 6.8 -0.5
IQIN IQ 500 International ETF 34.9 25 -16 8.6 +1.3
VYMI Vanguard International High Dividend Yield ETF 34.5 32 -23 9.9 +2.6
DBEU Xtrackers MSCI Europe Hedged Equity ETF 34.3 45 -36 6.5 -0.8
BBEU JPMorgan BetaBuilders Europe ETF 34.1 9 0 7.2 -0.1
DOL WisdomTree International LargeCap Dividend Fund 34.0 48 -39 8.5 +1.2
URTH iShares MSCI World ETF 33.1 24 -15 5.5 -1.8
IEV iShares Europe ETF 33.0 59 -50 6.7 -0.6
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 32.9 25 -16 6.4 -0.9
ESGG FlexShares STOXX Global ESG Impact Index Fund 32.3 42 -33 5.2 -2.1
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 31.7 24 -15 7.0 -0.2
QWLD SPDR MSCI World StrategicFactors ETF 30.5 30 -21 6.0 -1.3
EFG iShares MSCI EAFE Growth ETF 29.8 40 -31 4.5 -2.8
EFV iShares MSCI EAFE Value ETF 29.4 39 -30 9.4 +2.2
RNDM Developed International Equity Select ETF 28.8 65 -56 6.2 -1.1
TOK iShares MSCI Kokusai ETF 28.0 25 -16 5.3 -1.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 27.9 9 0 5.7 -1.6
IEMG iShares Core MSCI Emerging Markets ETF 27.9 13 -4 7.8 +0.5
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 27.3 14 -5 6.9 -0.4
KOKU Xtrackers MSCI Kokusai Equity ETF 27.1 9 0 5.5 -1.8
VPL Vanguard FTSE Pacific ETF 26.6 8 1 7.5 +0.2
PQIN PGIM QMA Strategic Alpha International Equity ETF 25.9 29 -20 7.6 +0.3
EEM iShares MSCI Emerging Markets ETF 25.6 68 -59 7.3 +0.0
IDY Pacific Global International Equity Income ETF 25.5 39 -30 7.9 +0.6
IDLB Invesco FTSE International Low Beta Equal Weight ETF 25.4 45 -36 7.0 -0.3
QINT American Century Quality Diversified International ETF 25.1 39 -30 5.6 -1.7
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 25.1 65 -56 7.3 +0.1
IGRO iShares International Dividend Growth ETF 25.1 22 -13 7.8 +0.6
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 24.6 59 -50 10.8 +3.6
TPIF Timothy Plan International ETF 24.6 62 -53 6.2 -1.1
SCID Global X Scientific Beta Europe ETF 24.5 39 -30 6.3 -0.9
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 23.8 36 -27 8.0 +0.7
IMTM iShares Edge MSCI Intl Momentum Factor ETF 23.2 30 -21 4.3 -3.0
AAXJ iShares MSCI All Country Asia ex Japan ETF 22.9 68 -59 7.0 -0.3
VWO Vanguard FTSE Emerging Markets ETF 22.9 10 -1 8.0 +0.7
FLAX Franklin FTSE Asia Ex Japan ETF 22.8 19 -10 7.6 +0.4
IQLT iShares Edge MSCI Intl Quality Factor ETF 22.4 30 -21 6.0 -1.3
DHDG WisdomTree Dynamic Currency Hedged Intl Quality Div Growth 22.2 30 -21 0.0 -7.3
RBIN Nationwide Risk-Based International Equity ETF 22.0 42 -33 6.1 -1.2
RODM Hartford Multifactor Developed Markets (ex-US) ETF 21.3 29 -20 8.5 +1.2
SCHE Schwab Emerging Markets Equity ETF 21.3 11 -2 7.9 +0.6
EFAV iShares Edge MSCI Min Vol EAFE ETF 21.2 20 -11 5.4 -1.9
JPIN JPMorgan Diversified Return International Equity ETF 21.2 37 -28 7.8 +0.5
IPAC iShares Core MSCI Pacific ETF 21.2 9 0 7.2 -0.1
VGFO Virtus WMC Global Factor Opportunities ETF 21.0 49 -40 7.8 +0.5
RFDI First Trust Riverfront Dynamic Developed International ETF 20.7 83 -74 5.6 -1.7
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 20.5 30 -21 8.6 +1.3
DEW WisdomTree Global High Dividend Fund 20.2 58 -49 9.1 +1.8
EEMA iShares MSCI Emerging Markets Asia ETF 20.1 50 -41 7.4 +0.1
JHEM John Hancock Multifactor Emerging Markets ETF 19.7 49 -40 8.3 +1.0
FDEV Fidelity Targeted International Factor ETF 19.6 39 -30 6.5 -0.8
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 19.5 45 -36 7.8 +0.5
IQDF FlexShares International Quality Dividend Index Fund 19.5 47 -38 12.1 +4.8

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 Core MSCI Total International Stock 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 10.3 %
Divided by: Fwd. P/BV 1.4 x
Less: Expense ratio 9 bp
Equals: ALTAR Score 7.3 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.52 CATEGORY
AVERAGE
1.59
 
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.