iShares DJ US Energy Sector
ALTAR
Score™
3.9% info Recommen-
dation
UNDERWEIGHT
2019E    2020E
P/E
ratio
21.0x P/Sales
ratio
1.0x
P/BV
ratio
1.4x Div.
yield
3.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares Dow Jones U.S. Energy Sector Index Fund is an exchange-traded fund incorporated in the USA. The Fund's objective seeks investment results that correspond to the performance of the Dow Jones U.S. Energy Sector Index.

FUND BASICS
Category US Equities
Fund Sponsor Barclays Global Fund Advisors
Website www.ishares.com
Inception date Jun 16, 2000
Assets (mns) $595
Currency USD
Expense ratio 42 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 49
Wgt avg mkt cap (mns) $129,957
Large cap (>$10bn) 87.0%
Mid cap ($2-10bn) 11.9%
Small cap (<$2bn) 1.1%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
EXXON MOBIL CORP 24.4 %
CHEVRON CORP 18.6 %
CONOCOPHILLIPS 5.7 %
SCHLUMBERGER LTD 4.2 %
PHILLIPS 66 4.2 %
EOG RESOURCES INC 3.6 %
MARATHON PETROLEUM 3.3 %
VALERO ENERGY CORP 3.2 %
KINDER MORGAN INC 3.2 %
OCCIDENTAL PETROLEUM CORP 2.9 %
Total 73.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 98.1 %
BRITAIN 0.7 %
SWITZERLAND 0.3 %
NETHERLANDS 0.2 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru November 30)
Year-to-date 1 year 5 years 10 years Since Incep.
3.4% -10.2% -4.4% 1.6% 6.3%

Market Correlations
versus... Beta R-squared
S&P500 1.26 55%
MSCI EAFE 1.36 53%
MSCI Emg. Mkts. 0.80 30%

Technical Indicators
Recent close $31.98
30d moving avg. $31.84
Annualized volatility 20.5%
Short interest (ETF) 1.5%
Short interest (Underlying) 3.4%
Relative strength (RSI) 48

Liquidity measures
Avg. volume (thou.) 367
Turnover 2.0%
Bid/Ask (% of price) 0.03%
ADV underlying (mns) $7,763

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the iShares DJ US Energy Sector ETF based on the alternatives' overlap in portfolio holdings with IYE. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IYE Expense: 42 bp ALTAR Score™: 3.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IYE
Ticker Fund
Name
Overlap1
vs IYE
(%)
Expense
ratio
(bp)
Savings
vs IYE
(bp)
ALTAR
Score™
(%)
ALTAR
vs IYE
(%)
FENY Fidelity MSCI Energy 94.6 8 34 3.9 +0.0
VDE Vanguard Energy ETF 92.6 10 32 3.9 -0.0
XLE Energy Select Sector SPDR 90.0 13 29 4.3 +0.4
JHME John Hancock Multifactor Energy 64.4 40 2 3.3 -0.6
IGE iShares North American Natural Resources 61.6 46 -4 3.9 +0.0
RYE Invesco S&P Equal Weight Energy ETF 54.4 40 2 3.4 -0.5
FTXN First Trust Nasdaq Oil & Gas 54.0 60 -18 2.6 -1.3
IXC iShares S&P Global Energy Sector 51.1 46 -4 5.1 +1.2
XLEY Cushing Energy & MLP 47.1 65 -23 3.5 -0.4
FXN First Trust Energy Alphadex 44.3 63 -21 4.2 +0.3
FILL iShares MSCI Global Energy Producers 42.6 39 3 5.6 +1.7
NANR SPDR S&P N. American Nat. Resources 37.5 35 7 4.0 +0.1
PXI Invesco Dynamic Energy Sector 35.3 60 -18 -0.8 -4.7
IEO iShares U.S. Oil & Gas Exploration & Production 34.6 42 0 3.2 -0.8
XOP SPDR S&P Oil & Gas Exploration 33.0 35 7 3.5 -0.5
XLSY Cushing Energy Supply Chain & MLP 31.2 65 -23 5.4 +1.5
FRAK VanEck Vectors Unconventional Oil & Gas 23.5 54 -12 2.2 -1.8
HDV iShares High Dividend 21.3 8 34 6.6 +2.6
FDL First Trust Morningstar Dividend Leaders 20.9 45 -3 8.5 +4.6
PXE Invesco Dynamic Energy Exploration & Production 16.2 63 -21 1.2 -2.7

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

  2014 2015 2016 2017 2018 2019E 2020E
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
  2018 2019E 2020E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
iShares DJ US Energy Sector
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 5.9 %
Divided by: Fwd. P/BV 1.4 x
Less: Expense ratio 42 bp
Equals: ALTAR Score 3.9 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.48 CATEGORY
AVERAGE
1.56
 
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.