iShares Dow Jones U.S. ETF
ALTAR
Score™
6.6% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
16.9x P/Sales
ratio
1.8x
P/BV
ratio
2.5x Div.
yield
2.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares Dow Jones U.S. Index Fund objective seeks investment results that correspond to the performance of the Dow Jones U.S. Total Market Index.

FUND BASICS
Category US Equities
Fund Sponsor Barclays Global Fund Advisors
Website www.ishares.com
Inception date Jun 16, 2000
Assets (mns) $1,043
Currency USD
Expense ratio 20 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 1172
Wgt avg mkt cap (mns) $270,878
Large cap (>$10bn) 89.2%
Mid cap ($2-10bn) 9.9%
Small cap (<$2bn) 0.9%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
MICROSOFT CORP 5.1 %
APPLE INC 4.4 %
AMAZON.COM INC 3.4 %
FACEBOOK 1.6 %
JOHNSON & JOHNSON 1.5 %
BERKSHIRE HATHAWAY INC-CL B 1.5 %
ALPHABET INC. CLASS C 1.4 %
ALPHABET INC. CLASS A 1.4 %
PROCTER & GAMBLE CO/THE 1.2 %
VISA INC-CLASS A SHARES 1.2 %
Total 22.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.3 %
IRELAND 1.8 %
BRITAIN 1.0 %
SWITZERLAND 0.3 %
BERMUDA 0.3 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-20.6% -8.9% 5.7% 10.0% 5.0%

Market Correlations
versus... Beta R-squared
S&P500 1.02 100%
MSCI EAFE 0.95 83%
MSCI Emg. Mkts. 0.70 67%

Technical Indicators
Recent close $129.54
30d moving avg. $133.26
Annualized volatility 15.6%
Short interest (ETF) 1.0%
Short interest (Underlying) 2.7%
Relative strength (RSI) 37

Liquidity measures
Avg. volume (thou.) 107
Turnover 1.3%
Bid/Ask (% of price) 0.21%
ADV underlying (mns) $318,021

Distributions


FINDING ALTERNATIVE FUNDS

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

Benchmark ticker: IYY Expense: 20 bp ALTAR Score™: 6.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IYY
Ticker Fund
Name
Overlap1
vs IYY
(%)
Expense
ratio
(bp)
Savings
vs IYY
(bp)
ALTAR
Score™
(%)
ALTAR
vs IYY
(%)
SCHK Schwab 1000 Index ETF 98.4 5 15 6.7 +0.1
IWB iShares Russell 1000 ETF 97.1 15 5 6.6 +0.0
VONE Vanguard Russell 1000 ETF 96.9 8 12 6.7 +0.1
SCHB Schwab U.S. Broad Market ETF 96.1 3 17 6.7 +0.1
VTHR Vanguard Russell 3000 Index Fund 95.7 10 10 6.6 -0.0
SCHX Schwab U.S. Large-Cap ETF 95.6 3 17 6.7 +0.1
ITOT iShares Core S&P Total U.S. Stock Market ETF 95.5 3 17 6.6 +0.0
VTI Vanguard Total Stock Market Index Fund 95.3 3 17 6.6 +0.0
IWV iShares Russell 3000 ETF 95.3 20 0 6.5 -0.1
SPTM SPDR Portfolio Total Stock Market ETF 94.1 3 17 6.9 +0.3
PBUS Invesco PureBeta MSCI USA ETF 92.9 4 16 6.7 +0.1
BBUS JP Morgan Betabuilders U.S. Equity ETF 92.5 2 18 6.7 +0.1
VV Vanguard Large-Cap Index Fund 91.4 4 16 6.6 +0.0
IVV iShares Core S&P 500 ETF 89.1 4 16 6.7 +0.2
SPY SPDR S&P 500 ETF Trust 89.1 9 11 6.7 +0.1
SPLG SPDR Portfolio Large Cap ETF 89.1 3 17 6.8 +0.2
PBP Invesco S&P 500 BuyWrite ETF 89.1 49 -29 6.3 -0.3
HSPX Global X S&P 500 Covered Call ETF 88.8 65 -45 6.1 -0.5
VOO VANGUARD S&P 500 ETF 88.7 3 17 6.7 +0.2
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 86.6 20 0 6.7 +0.2
SPXE ProShares S&P 500 Ex-Energy ETF 86.6 27 -7 6.6 +0.1
ESGV Vanguard ESG U.S. Stock ETF 83.5 12 8 6.6 +0.0
SFY SoFi Select 500 ETF 82.5 0 20 6.3 -0.3
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 79.3 25 -5 8.1 +1.5
JHML John Hancock Multifactor Large Cap ETF 79.0 34 -14 7.0 +0.5
MGC Vanguard Mega Cap Index Fund 78.2 7 13 6.5 -0.1
SPXN ProShares S&P 500 Ex-Financials ETF 76.8 27 -7 6.3 -0.3
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 75.9 20 0 6.3 -0.3
SPXV ProShares S&P 500 Ex-Health Care ETF 75.3 27 -7 6.4 -0.2
CATH Global X S&P 500 Catholic Values Custom ETF 74.9 29 -9 6.6 +0.1
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 74.3 9 11 6.9 +0.3
IWL iShares Russell Top 200 ETF 73.8 15 5 6.3 -0.3
MMTM SPDR S&P 1500 Momentum Tilt ETF 72.6 12 8 6.4 -0.2
EPS WisdomTree U.S. Earnings 500 Fund 72.0 8 12 8.0 +1.5
AVUS Avantis U.S. Equity ETF 71.9 15 5 7.5 +1.0
TOK iShares MSCI Kokusai ETF 70.3 25 -5 7.0 +0.4
FNDB Schwab Fundamental U.S. Broad Market Index ETF 70.3 25 -5 8.0 +1.4
ESGU iShares MSCI USA ESG Optimized ETF 69.8 15 5 6.3 -0.2
FNDX Schwab Fundamental U.S. Large Co. Index ETF 68.9 25 -5 7.9 +1.3
PRF Invesco FTSE RAFI US 1000 ETF 68.8 39 -19 8.7 +2.1
VLU SPDR S&P 1500 Value Tilt ETF 66.6 12 8 9.1 +2.6
SNPE Xtrackers S&P 500 ESG ETF 66.2 11 9 6.5 -0.1
SPXT ProShares S&P 500 Ex-Technology ETF 66.1 27 -7 7.0 +0.4
IUSG iShares Core S&P US Growth ETF 65.8 4 16 5.5 -1.1
QUS SPDR MSCI USA StrategicFactors ETF 65.3 15 5 6.9 +0.3
IQSU IQ Candriam ESG US Equity ETF 64.7 9 11 6.3 -0.2
IUS Invesco Strategic US ETF 64.4 19 1 7.5 +1.0
URTH iShares MSCI World ETF 64.1 24 -4 7.2 +0.6
SPYG SPDR Portfolio S&P 500 Growth ETF 62.8 4 16 5.5 -1.1
IVW iShares S&P 500 Growth ETF 62.8 18 2 5.3 -1.3
VOOG Vanguard S&P 500 Growth ETF 62.8 10 10 5.4 -1.2
DTD WisdomTree U.S.Total Dividend Fund 61.5 28 -8 8.1 +1.5
IWF iShares Russell 1000 Growth ETF 59.9 19 1 5.3 -1.2
VONG Vanguard Russell 1000 Growth Index Fund 59.8 8 12 5.4 -1.1
DIVB iShares U.S. Dividend & Buyback ETF 59.2 25 -5 8.3 +1.7
RWL Invesco S&P 500 Revenue ETF 59.1 39 -19 8.7 +2.2
OEF iShares S&P 100 ETF 58.7 20 0 6.0 -0.6
DLN WisdomTree U.S. LargeCap Dividend Fund 58.0 28 -8 7.6 +1.1
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 57.9 15 5 6.5 -0.1
ESG FlexShares STOXX US ESG Impact Index Fund 57.6 32 -12 6.4 -0.2
XOUT GraniteShares XOUT U.S. Large Cap ETF 57.3 60 -40 5.6 -1.0
IUSV iShares Core S&P U.S. Value ETF 56.9 4 16 8.9 +2.4
ACWI iShares MSCI ACWI ETF 56.7 32 -12 7.4 +0.8
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 56.4 29 -9 7.7 +1.1
DYNF BlackRock U.S. Equity Factor Rotation ETF 55.2 30 -10 7.5 +0.9
IVE iShares S&P 500 Value ETF 54.3 18 2 8.7 +2.1
SPYV SPDR Portfolio S&P 500 Value ETF 54.3 4 16 8.8 +2.2
LOWC SPDR MSCI ACWI Low Carbon Target ETF 54.2 20 0 7.7 +1.2
VT Vanguard Total World Stock Index Fund 54.2 8 12 7.7 +1.2
EXT WisdomTree U.S. Total Earnings Fund 54.2 28 -8 7.3 +0.7
VOOV Vanguard S&P 500 Value ETF 54.1 15 5 8.7 +2.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 54.1 20 0 7.8 +1.2
OMFL Oppenheimer Russell 1000 Dynamic Multifactor ETF 53.3 29 -9 5.3 -1.3
RECS Columbia Research Enhanced Core ETF 52.7 15 5 7.1 +0.5
SCHG Schwab U.S. Large-Cap Growth ETF 52.2 4 16 5.3 -1.3
ESGG FlexShares STOXX Global ESG Impact Index Fund 52.0 42 -22 6.8 +0.3
DGRO iShares Core Dividend Growth ETF 51.8 8 12 8.0 +1.4
QWLD SPDR MSCI World StrategicFactors ETF 50.3 30 -10 7.1 +0.6
VUG Vanguard Growth Index Fund 50.2 4 16 5.2 -1.4
IWD iShares Russell 1000 Value ETF 50.1 19 1 8.7 +2.1
NACP Impact Shares NAACP Minority Empowerment ETF 50.1 75 -55 5.8 -0.7
VONV Vanguard Russell 1000 Value Index Fund 50.0 8 12 8.8 +2.3
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 49.2 75 -55 4.6 -2.0
DSI iShares MSCI KLD 400 Social ETF 49.2 25 -5 6.4 -0.2
RSP Invesco S&P 500 Equal Weight ETF 49.0 20 0 8.2 +1.7
IWY iShares Russell Top 200 Growth ETF 48.9 20 0 5.2 -1.4
AFLG First Trust Active Factor Large Cap ETF 48.6 55 -35 7.3 +0.7
EUSA iShares MSCI USA Equal Weighted ETF 48.4 15 5 7.9 +1.4
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 48.3 9 11 7.9 +1.3
XLG Invesco S&P 500 Top 50 ETF 48.0 20 0 5.6 -1.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 47.9 9 11 7.5 +0.9
SIZE iShares Edge MSCI USA Size Factor ETF 47.8 15 5 7.8 +1.2
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 47.3 49 -29 5.1 -1.5
VEGN US Vegan Climate ETF 47.2 60 -40 6.6 +0.1
SUSL iShares ESG MSCI USA Leaders ETF 47.1 10 10 6.6 -0.0
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 47.0 10 10 6.6 -0.0
RNLC Large Cap US Equity Select ETF 47.0 60 -40 7.6 +1.0
WOMN Impact Shares YWCA Women's Empowerment ETF 46.8 75 -55 5.9 -0.7
EQWL Invesco Russell Top 200 Equal Weight ETF 46.3 25 -5 7.2 +0.6
MXDU Nationwide Maximum Diversification US Core Equity ETF 45.2 34 -14 6.4 -0.2

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 Dow Jones U.S. ETF
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 16.6 %
Divided by: Fwd. P/BV 2.4 x
Less: Expense ratio 20 bp
Equals: ALTAR Score 6.6 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.43 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.