iShares U.S. Basic Materials ETF
ALTAR
Score™
5.4% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
27.1x P/Sales
ratio
1.8x
P/BV
ratio
2.0x Div.
yield
2.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares Dow Jones U.S. Basic Materials 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. Basic Materials Sector Index.

FUND BASICS
Category US Equities
Fund Sponsor Barclays Global Fund Advisors
Website www.ishares.com
Inception date Jun 12, 2000
Assets (mns) $281
Currency USD
Expense ratio 42 bp
Distributions Quarterly

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 47
Wgt avg mkt cap (mns) $45,494
Large cap (>$10bn) 81.5%
Mid cap ($2-10bn) 17.1%
Small cap (<$2bn) 1.4%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
PRAXAIR INC 19.3 %
AIR PRODUCTS & CHEMICALS INC 9.2 %
NEWMONT MINING CORP 8.6 %
ECOLAB INC 8.5 %
DOW CHEMICAL 6.7 %
DOW, INC. 5.2 %
PPG INDUSTRIES INC 4.3 %
CORTEVA INC 3.5 %
LYONDELLBASELL INDU-CL A 2.9 %
FREEPORT-MCMORAN COPPER 2.9 %
Total 71.2 %

TOP COUNTRY EXPOSURE
UNITED STATES 77.2 %
BRITAIN 22.4 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-8.0% -4.1% 3.9% 7.2% 6.9%

Market Correlations
versus... Beta R-squared
S&P500 1.20 86%
MSCI EAFE 1.26 83%
MSCI Emg. Mkts. 0.94 73%

Technical Indicators
Recent close $90.77
30d moving avg. $88.84
Annualized volatility 21.9%
Short interest (ETF) 3.9%
Short interest (Underlying) 3.7%
Relative strength (RSI) 57

Liquidity measures
Avg. volume (thou.) 35
Turnover 1.1%
Bid/Ask (% of price) 0.07%
ADV underlying (mns) $10,205

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the iShares U.S. Basic Materials ETF ETF based on the alternatives' overlap in portfolio holdings with IYM. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IYM Expense: 42 bp ALTAR Score™: 5.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IYM
Ticker Fund
Name
Overlap1
vs IYM
(%)
Expense
ratio
(bp)
Savings
vs IYM
(bp)
ALTAR
Score™
(%)
ALTAR
vs IYM
(%)
XLB Materials Select Sector SPDR Fund 74.6 13 29 5.9 +0.5
FMAT Fidelity MSCI Materials Index ETF 70.4 8 34 6.1 +0.6
VAW Vanguard Materials Index Fund 69.1 10 32 6.1 +0.7
JHMA John Hancock Multifactor Materials ETF 57.7 40 2 6.8 +1.4
RTM Invesco S&P 500 Equal Weight Materials ETF 47.9 40 2 6.3 +0.8
PYZ Invesco DWA Basic Materials Momentum ETF 46.2 60 -18 6.1 +0.6
FXZ First Trust Materials AlphaDEX Fund 34.7 65 -23 7.3 +1.9
MXI iShares Global Materials ETF 26.8 46 -4 6.1 +0.7
NANR SPDR S&P North American Natural Resources ETF 19.0 35 7 3.4 -2.0
XME SPDR S&P Metals & Mining ETF 15.4 35 7 8.5 +3.0
EQRR ProShares Equities for Rising Rates ETF 12.6 35 7 6.1 +0.7
GUNR Flexshares Morningstar Global Upstream Natural Resources 11.9 46 -4 5.8 +0.4
DAX Global X DAX Germany ETF 10.2 21 21 7.7 +2.3
GDX VanEck Vectors Gold Miners ETF 10.0 52 -10 2.9 -2.5
SGDM Sprott Gold Miners ETF 10.0 50 -8 2.9 -2.6
NOBL ProShares S&P 500 Dividend Aristocrats ETF 9.2 35 7 6.2 +0.8
KNG Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF 9.2 75 -33 5.8 +0.4
CSD Invesco S&P Spin-Off ETF 9.1 62 -20 6.4 +1.0
JPUS JPMorgan Diversified Return U.S. Equity ETF 8.9 18 24 6.3 +0.8
RING iShares MSCI Global Gold Miners ETF 8.6 39 3 3.4 -2.1
RDIV Invesco S&P Ultra Dividend Revenue ETF 8.5 39 3 11.2 +5.8
FTAG First Trust Indxx Global Agriculture ETF 8.4 70 -28 6.5 +1.0
VEGI iShares MSCI Global Agriculture Producers ETF 8.4 39 3 6.1 +0.7
PICK iShares MSCI Global Metals & Mining Producers ETF 8.4 39 3 7.6 +2.1
PEXL Pacer US Export Leaders ETF 8.4 60 -18 6.1 +0.6
YLDE ClearBridge Dividend Strategy ESG ETF 8.4 60 -18 5.0 -0.4
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 8.3 24 18 6.2 +0.8
JDIV JPMorgan U.S. Dividend ETF 8.1 12 30 7.9 +2.5
VOE Vanguard Mid-Cap Value Index Fund 8.0 7 35 8.0 +2.6
TPHD Timothy Plan High Dividend Stock ETF 7.8 52 -10 7.7 +2.3
GNR SPDR S&P Global Natural Resources ETF 7.7 40 2 6.7 +1.2
PAVE Global X U.S. Infrastructure Development ETF 7.6 47 -5 5.8 +0.4
PHO Invesco Water Resources ETF 7.6 60 -18 3.7 -1.8
MOO VanEck Vectors Agribusiness ETF 7.5 56 -14 5.5 +0.1
PIO Invesco Global Water ETF 7.4 75 -33 4.0 -1.4
SLVP iShares MSCI Global Silver Miners ETF 7.2 39 3 1.7 -3.7
QDIV Global X S&P 500 Quality Dividend ETF 7.1 20 22 7.7 +2.2
FDVV Fidelity Core Dividend ETF 7.0 29 13 7.2 +1.7
TMDV ProShares Russell US Dividend Growers ETF 6.9 35 7 5.4 -0.1
ONEY SPDR Russell 1000 Yield Focus ETF 6.9 20 22 9.4 +4.0
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 6.9 29 13 9.9 +4.5
HAP VanEck Vectors Natural Resources ETF 6.7 50 -8 6.4 +1.0
LVUS Hartford Multifactor Low Volatility US Equity ETF 6.7 19 23 6.1 +0.7
EQWM Invesco S&P MidCap Quality ETF 6.6 25 17 6.5 +1.0
RPV Invesco S&P 500 Pure Value ETF 6.5 35 7 11.3 +5.9
COWZ Pacer US Cash Cows 100 ETF 6.4 49 -7 10.9 +5.4
IGE iShares North American Natural Resources ETF 6.4 46 -4 4.1 -1.3
QSY WisdomTree U.S. LargeCap Value Fund 6.3 38 4 6.9 +1.5
IFRA iShares U.S. Infrastructure ETF 6.3 40 2 6.1 +0.6
DTN WisdomTree U.S. Dividend ex-Financials Fund 6.1 38 4 8.0 +2.5
PVAL Principal Contrarian Value Index ETF 6.0 29 13 10.2 +4.7
ESGS Columbia Sustainable U.S. Equity Income ETF 5.9 35 7 8.6 +3.2
EQAL Invesco Russell 1000 Equal Weight ETF 5.8 20 22 5.7 +0.3
CZA Invesco Zacks Mid-Cap ETF 5.8 76 -34 6.3 +0.9
DON WisdomTree U.S. MidCap Dividend Fund 5.7 38 4 7.8 +2.3
SYLD Cambria Shareholder Yield ETF 5.7 59 -17 9.0 +3.6
JMIN JPMorgan U.S. Minimum Volatility ETF 5.6 12 30 5.9 +0.5
PY Principal Shareholder Yield Index ETF 5.6 29 13 9.6 +4.2
SDOG ALPS Sector Dividend Dogs ETF 5.6 40 2 10.4 +4.9
SDY SPDR S&P Dividend ETF 5.6 35 7 7.0 +1.6
IWS iShares Russell Mid-Cap Value ETF 5.6 24 18 7.3 +1.9
VRAI Virtus Real Asset Income ETF 5.6 55 -13 11.2 +5.8
SPDV AAM S&P 500 High Dividend Value ETF 5.6 29 13 11.0 +5.6
BUL Pacer US Cash Cows Growth ETF 5.5 60 -18 6.2 +0.8
SLX VanEck Vectors Steel ETF 5.4 56 -14 15.6 +10.2
MAGA Point Bridge GOP Stock Tracker ETF 5.4 72 -30 6.6 +1.2
GRES IQ Global Resources ETF 5.4 77 -35 7.6 +2.2
RWK Invesco S&P MidCap 400 Revenue ETF 5.4 39 3 8.2 +2.8
GBDV Global Beta Smart Income ETF 5.3 29 13 8.8 +3.4
KLCD KFA Large Cap Quality Dividend Index ETF 5.3 41 1 5.4 -0.0
DJD Invesco Dow Jones Industrial Average Dividend ETF 5.2 7 35 6.9 +1.5
NULV Nuveen ESG Large-Cap Value ETF 5.1 35 7 7.4 +2.0
FCPI Fidelity Stocks for Inflation ETF 5.1 29 13 7.0 +1.5
HLAL Wahed FTSE USA Shariah ETF 5.1 50 -8 4.7 -0.8
ABEQ Absolute Core Strategy ETF 5.0 85 -43 4.7 -0.7
JKG iShares Morningstar Mid-Cap ETF 5.0 25 17 5.6 +0.1
EZM WisdomTree U.S. MidCap Earnings Fund 4.9 38 4 9.3 +3.9
EWMC Invesco S&P MidCap 400 Equal Weight ETF 4.9 40 2 7.3 +1.9
IVOV Vanguard S&P Mid-Cap 400 Value ETF 4.5 15 27 8.7 +3.3
MDYV SPDR S&P 400 Mid Cap Value ETF 4.4 15 27 8.8 +3.3
IJJ iShares S&P Mid-Cap 400 Value ETF 4.4 25 17 8.7 +3.2
FIW First Trust Water ETF 4.4 55 -13 3.9 -1.6
SPHQ Invesco S&P 500 Quality ETF 4.4 15 27 4.7 -0.8
MDY SPDR S&P Midcap 400 ETF Trust 4.3 23 19 6.5 +1.1
SPMD SPDR Portfolio Mid Cap ETF 4.3 5 37 6.7 +1.3
IVOO Vanguard S&P Mid-Cap 400 ETF 4.3 10 32 6.5 +1.1
IJH iShares Core S&P Mid-Cap ETF 4.3 6 36 6.7 +1.2
JKE iShares Morningstar Large-Cap Growth ETF 4.2 25 17 2.9 -2.6
TPLC Timothy Plan US Large Cap Core ETF 4.2 52 -10 5.5 +0.1
TTFS AdvisorShares Wilshire Buyback ETF 4.2 91 -49 6.2 +0.8
FTA First Trust Large Cap Value AlphaDEX Fund 4.2 60 -18 9.3 +3.9
IJK iShares S&P Mid-Cap 400 Growth ETF 4.2 24 18 4.9 -0.5
MDYG SPDR S&P 400 Mid Cap Growth ETF 4.2 15 27 5.0 -0.4
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 4.2 15 27 5.0 -0.5
JKL iShares Morningstar Small Cap Value ETF 4.1 30 12 10.5 +5.1
FAB First Trust Multi Cap Value AlphaDEX Fund 4.1 71 -29 9.7 +4.2
FTCS First Trust Capital Strength ETF 4.1 58 -16 4.9 -0.5
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 4.1 29 13 6.8 +1.4
VONV Vanguard Russell 1000 Value Index Fund 4.1 8 34 7.4 +1.9
FNK First Trust Mid Cap Value AlphaDEX Fund 4.1 70 -28 10.4 +5.0

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 U.S. Basic Materials 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 11.5 %
Divided by: Fwd. P/BV 2.0 x
Less: Expense ratio 42 bp
Equals: ALTAR Score 5.4 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

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