ishares Core MSCI Total International Stock ETF
ALTAR
Score™
6.4% info Recommen-
dation
NEUTRAL
2021E    2022E
P/E
ratio
16.6x P/Sales
ratio
1.3x
P/BV
ratio
1.6x Div.
yield
2.8%


  • 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) $25,831
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 4281
Wgt avg mkt cap (mns) $91,929
Large cap (>$10bn) 73.3%
Mid cap ($2-10bn) 18.7%
Small cap (<$2bn) 5.7%
Developed mkts 71.7%
Emerging mkts 27.5%

TOP TEN HOLDINGS
TAIWAN SEMICONDUCTOR MANUFAC 1.8 %
TENCENT HOLDINGS LTD 1.8 %
ALIBABA GROUP HOLDING LTD. SPONSOR 1.6 %
SAMSUNG ELECTRONICS CO LTD 1.1 %
NESTLE SA-REG 1.0 %
ASML HOLDING NV 0.8 %
ROCHE HOLDING AG-GENUSSCHEIN 0.8 %
MEITUAN DIANPING 0.6 %
NOVARTIS AG-REG 0.6 %
LVMH MOET HENNESSY LOUIS VUI 0.6 %
Total 10.8 %

TOP COUNTRY EXPOSURE
JAPAN 15.7 %
CHINA 10.8 %
BRITAIN 8.7 %
CANADA 6.2 %
FRANCE 5.5 %
SWITZERLAND 5.5 %
GERMANY 5.2 %
AUSTRALIA 4.5 %
TAIWAN 4.4 %
SOUTH KOREA 4.2 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
2.6% 26.2% 11.4% -- 7.1%

Market Correlations
versus... Beta R-squared
S&P500 0.87 83%
MSCI EAFE 0.95 96%
MSCI Emg. Mkts. 0.80 86%

Technical Indicators
Recent close $68.92
30d moving avg. $70.34
Annualized volatility 17.7%
Short interest (ETF) 0.1%
Relative strength (RSI) 51

Liquidity measures
Avg. volume (thou.) 1,540
Turnover 0.4%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $192,236

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 97 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™: 6.4%


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
(%)
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 82.6 40 -31 6.0 -0.4
ACWX iShares MSCI ACWI ex U.S. ETF 82.5 32 -23 6.3 -0.1
VEU Vanguard FTSE All-World ex-US Index Fund 82.4 8 1 6.6 +0.2
VXUS Vanguard Total International Stock ETF 71.9 8 1 6.6 +0.2
VSGX Vanguard ESG International Stock ETF 69.1 17 -8 6.3 -0.1
VEA Vanguard FTSE Developed Markets ETF 68.9 5 4 6.5 +0.1
IDEV iShares Core MSCI International Developed Markets ETF 64.5 5 4 6.3 -0.1
CWI SPDR MSCI ACWI ex-US ETF 64.2 30 -21 6.2 -0.2
SPDW SPDR Portfolio Developed World ex-US ETF 63.5 4 5 6.1 -0.3
SCHF Schwab International Equity ETF 63.4 6 3 6.5 +0.1
IEFA iShares Core MSCI EAFE ETF 60.4 7 2 6.4 -0.0
DFAI Dimensional International Core Equity Market ETF 58.6 18 -9 6.2 -0.2
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 58.5 7 2 6.5 +0.1
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 58.1 39 -30 6.7 +0.3
HFXI IQ 50 Percent Hedged FTSE International ETF 53.4 20 -11 6.4 0.0
EFA iShares MSCI EAFE ETF 52.3 32 -23 6.2 -0.2
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 51.9 35 -26 6.0 -0.4
GSID Goldman Sachs MarketBeta International Equity ETF 51.8 20 -11 6.2 -0.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 50.5 45 -36 7.4 +1.0
BKIE BNY Mellon International Equity ETF 50.4 4 5 6.5 +0.1
GSIE Goldman Sachs ActiveBeta International Equity ETF 48.9 25 -16 6.1 -0.3
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 48.4 20 -11 6.2 -0.2
FNDF Schwab Fundamental International Large Co. Index ETF 47.3 25 -16 7.5 +1.1
JHMD John Hancock Multifactor Developed International ETF 47.1 39 -30 6.4 -0.0
AVDE Avantis International Equity ETF 45.6 23 -14 6.7 +0.3
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 43.7 39 -30 5.6 -0.8
ACSG Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF 43.2 16 -7 5.9 -0.5
QEFA SPDR MSCI EAFE Quality Mix ETF 42.4 30 -21 6.1 -0.3
ESGD iShares MSCI EAFE ESG Optimized ETF 42.1 20 -11 6.2 -0.2
ACWI iShares MSCI ACWI ETF 41.6 32 -23 5.2 -1.2
PDEV Principal International Multi-Factor Core Index ETF 41.0 25 -16 7.0 +0.6
VT Vanguard Total World Stock ETF 39.5 8 1 5.4 -1.0
ISZE iShares Edge MSCI Intl Size Factor ETF 39.4 30 -21 6.1 -0.3
IQSI IQ Candriam ESG International Equity ETF 38.9 15 -6 6.2 -0.2
LOWC SPDR MSCI ACWI Low Carbon Target ETF 38.6 20 -11 5.4 -1.0
CRBN iShares MSCI ACWI Low Carbon Target ETF 38.4 20 -11 5.4 -1.0
ISDX Invesco RAFI Strategic Developed ex-US ETF 37.8 23 -14 6.2 -0.2
CIL VictoryShares International Volatility Weighted Index ETF 37.3 45 -36 6.4 -0.0
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 37.3 45 -36 6.2 -0.2
IEUR iShares Core MSCI Europe ETF 36.7 9 0 6.4 +0.0
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 36.6 35 -26 6.0 -0.4
SPEU SPDR Portfolio Europe ETF 36.4 9 0 6.5 +0.1
VGK Vanguard FTSE Europe ETF 36.4 8 1 6.6 +0.2
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 35.8 40 -31 7.2 +0.8
DWM WisdomTree International Equity Fund 35.2 48 -39 7.1 +0.7
IQIN IQ 500 International ETF 33.7 25 -16 7.3 +0.9
FLEE Franklin FTSE Europe ETF 33.3 9 0 6.4 0.0
FLEH Franklin FTSE Europe Hedged ETF 33.3 9 0 6.4 -0.0
URTH iShares MSCI World ETF 33.2 24 -15 5.1 -1.3
VYMI Vanguard International High Dividend Yield ETF 32.9 27 -18 9.0 +2.6
BBEU JPMorgan BetaBuilders Europe ETF 32.5 9 0 6.6 +0.2
DBEU Xtrackers MSCI Europe Hedged Equity ETF 32.1 45 -36 6.0 -0.4
ESGG FlexShares STOXX Global ESG Impact Index Fund 31.6 42 -33 4.8 -1.6
IEV iShares Europe ETF 31.1 59 -50 6.1 -0.3
IEMG iShares Core MSCI Emerging Markets ETF 30.7 11 -2 6.7 +0.3
DOL WisdomTree International LargeCap Dividend Fund 30.4 48 -39 7.1 +0.7
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 30.4 25 -16 6.0 -0.4
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 29.7 24 -15 6.5 +0.1
QWLD SPDR MSCI World StrategicFactors ETF 29.3 30 -21 5.5 -0.9
EFV iShares MSCI EAFE Value ETF 28.6 39 -30 8.1 +1.7
DMXF iShares ESG Advanced MSCI EAFE ETF 28.1 12 -3 5.9 -0.5
TOK iShares MSCI Kokusai ETF 28.1 25 -16 4.9 -1.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 28.0 9 0 5.3 -1.1
EFG iShares MSCI EAFE Growth ETF 27.9 40 -31 4.0 -2.4
EEM iShares MSCI Emerging Markets ETF 27.9 70 -61 6.0 -0.4
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 27.3 65 -56 6.0 -0.4
VPL Vanguard FTSE Pacific ETF 27.2 8 1 6.3 -0.1
KOKU Xtrackers MSCI Kokusai Equity ETF 27.2 9 0 5.1 -1.3
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 26.9 59 -50 10.4 +4.0
RNDM First Trust Developed International Equity Select ETF 26.0 65 -56 5.6 -0.8
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 25.9 36 -27 7.0 +0.6
TPIF Timothy Plan International ETF 25.9 62 -53 5.9 -0.5
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 25.7 14 -5 6.0 -0.4
PQIN PGIM QMA Strategic Alpha International Equity ETF 25.3 29 -20 7.1 +0.7
VWO Vanguard FTSE Emerging Markets ETF 25.2 10 -1 7.1 +0.7
FLAX Franklin FTSE Asia Ex Japan ETF 25.1 19 -10 6.3 -0.1
AAXJ iShares MSCI All Country Asia ex Japan ETF 25.0 68 -59 5.7 -0.7
DFAE Dimensional Emerging Core Equity Market ETF 24.3 35 -26 7.1 +0.7
IDLB Invesco FTSE International Low Beta Equal Weight ETF 23.9 45 -36 6.3 -0.1
SCHE Schwab Emerging Markets Equity ETF 23.7 11 -2 6.8 +0.4
JHEM John Hancock Multifactor Emerging Markets ETF 22.9 49 -40 7.2 +0.9
RESD WisdomTree International ESG Fund 22.3 30 -21 6.3 -0.1
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 22.0 30 -21 7.7 +1.3
EEMA iShares MSCI Emerging Markets Asia ETF 22.0 50 -41 6.4 +0.0
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 21.9 30 -21 6.5 +0.1
SPEM SPDR Portfolio Emerging Markets ETF 21.7 11 -2 6.7 +0.3
BKEM BNY Mellon Emerging Markets Equity ETF 21.6 11 -2 6.8 +0.5
QINT American Century Quality Diversified International ETF 21.6 39 -30 6.2 -0.2
RBIN Nationwide Risk-Based International Equity ETF 21.6 42 -33 5.9 -0.5
IPAC iShares Core MSCI Pacific ETF 21.4 9 0 6.1 -0.3
IQLT iShares Edge MSCI Intl Quality Factor ETF 21.4 30 -21 5.4 -1.0
JPIN JPMorgan Diversified Return International Equity ETF 20.9 37 -28 6.9 +0.6
AVEM Avantis Emerging Markets Equity ETF 20.8 33 -24 7.5 +1.1
IMTM iShares Edge MSCI Intl Momentum Factor ETF 20.8 30 -21 3.8 -2.6
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 20.8 45 -36 6.5 +0.1
PBEE Invesco PureBeta FTSE Emerging Markets ETF 20.1 15 -6 7.7 +1.3
RODM Hartford Multifactor Developed Markets (ex-US) ETF 19.9 29 -20 7.2 +0.9

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

  2016 2017 2018 2019 2020 2021E 2022E
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
  2020 2021E 2022E
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 10.1 %
Divided by: Fwd. P/BV 1.6 x
Less: Expense ratio 9 bp
Equals: ALTAR Score 6.4 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.49 CATEGORY
AVERAGE
1.55
 
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.