iShares Morningstar Large-Cap ETF
ALTAR
Score™
4.7% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
29.0x P/Sales
ratio
2.9x
P/BV
ratio
5.2x Div.
yield
1.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares Morningstar Large Core Index Fund seeks investment results that correspond to the price and yield performance of the Morningstar Large Core Index. The Index measures the performance of

FUND BASICS
Category US Equities
Fund Sponsor Barclays Global Fund Advisors
Website www.ishares.com
Inception date Jun 28, 2004
Assets (mns) $876
Currency USD
Expense ratio 20 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 No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 69
Wgt avg mkt cap (mns) $529,217
Large cap (>$10bn) 100.0%
Mid cap ($2-10bn) 0.0%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
APPLE INC 17.2 %
BERKSHIRE HATHAWAY INC-CL B 3.9 %
UNITEDHEALTH GROUP INC 3.0 %
WALT DISNEY CO/THE 2.8 %
HOME DEPOT INC 2.8 %
ABBOTT LABORATORIES 2.0 %
ELI LILLY & CO 1.9 %
NIKE INC -CL B 1.8 %
NEXTERA ENERGY GROUP 1.8 %
ACCENTURE PLC-CL A 1.7 %
Total 39.0 %

TOP COUNTRY EXPOSURE
UNITED STATES 94.7 %
BRITAIN 2.4 %
IRELAND 1.7 %
NETHERLANDS 0.9 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
19.3% 19.3% 15.0% 14.2% 10.5%

Market Correlations
versus... Beta R-squared
S&P500 1.01 98%
MSCI EAFE 0.93 82%
MSCI Emg. Mkts. 0.74 66%

Technical Indicators
Recent close $221.69
30d moving avg. $215.79
Annualized volatility 19.2%
Short interest (ETF) 0.0%
Short interest (Underlying) 1.9%
Relative strength (RSI) 65

Liquidity measures
Avg. volume (thou.) 6
Turnover 0.2%
Bid/Ask (% of price) 0.05%
ADV underlying (mns) $50,639

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 potential alternatives to the iShares Morningstar Large-Cap ETF ETF based on the alternatives' overlap in portfolio holdings with JKD. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: JKD Expense: 20 bp ALTAR Score™: 4.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH JKD
Ticker Fund
Name
Overlap1
vs JKD
(%)
Expense
ratio
(bp)
Savings
vs JKD
(bp)
ALTAR
Score™
(%)
ALTAR
vs JKD
(%)
HLAL Wahed FTSE USA Shariah ETF 37.0 50 -30 3.8 -0.9
VIG Vanguard Dividend Appreciation Index Fund 36.4 6 14 5.0 +0.3
ESGV Vanguard ESG U.S. Stock ETF 35.0 12 8 4.5 -0.3
MGK Vanguard Mega Cap Growth ETF 34.8 7 13 3.6 -1.1
ACIO Aptus Collared Income Opportunity ETF 34.5 79 -59 3.8 -0.9
IWY iShares Russell Top 200 Growth ETF 32.0 20 0 3.5 -1.2
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 31.8 19 1 5.3 +0.6
BKLC BNY Mellon US Large Cap Core Equity ETF 31.4 0 20 4.4 -0.3
VOOG Vanguard S&P 500 Growth ETF 31.3 10 10 3.9 -0.9
IWL iShares Russell Top 200 ETF 31.2 15 5 4.4 -0.3
MGC Vanguard Mega Cap Index Fund 30.3 7 13 4.6 -0.2
IQSU IQ Candriam ESG US Equity ETF 30.1 9 11 4.5 -0.2
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 30.1 49 -29 3.4 -1.3
IWX iShares Russell Top 200 Value ETF 30.0 20 0 6.1 +1.4
SPYG SPDR Portfolio S&P 500 Growth ETF 29.4 4 16 3.6 -1.1
IVW iShares S&P 500 Growth ETF 29.3 18 2 3.5 -1.2
MMTM SPDR S&P 1500 Momentum Tilt ETF 29.1 12 8 4.0 -0.7
HIPR Direxion High Growth ETF 28.9 40 -20 3.8 -0.9
TMFC Motley Fool 100 Index ETF 28.8 50 -30 3.0 -1.7
OUSA O'Shares FTSE US Quality Dividend ETF 28.7 48 -28 5.5 +0.7
XVV iShares ESG Screened S&P 500 ETF 28.3 8 12 4.9 +0.1
SPMO Invesco S&P 500 Momentum ETF 28.3 13 7 3.8 -1.0
JCTR JPMorgan Carbon Transition U.S. Equity ETF 28.2 15 5 4.6 -0.1
VUG Vanguard Growth Index Fund 28.2 4 16 3.5 -1.2
SPMV Invesco S&P 500 Minimum Variance ETF 28.1 10 10 5.5 +0.7
XOUT GraniteShares XOUT U.S. Large Cap ETF 28.1 60 -40 3.6 -1.2
XLG Invesco S&P 500 Top 50 ETF 28.0 20 0 4.0 -0.7
EFIV SPDR S&P 500 ESG ETF 27.9 10 10 4.6 -0.2
CATH Global X S&P 500 Catholic Values Custom ETF 27.9 29 -9 4.6 -0.2
SNPE Xtrackers S&P 500 ESG ETF 27.8 10 10 4.6 -0.2
PFM Invesco Dividend Achievers ETF 27.8 53 -33 5.0 +0.3
OEF iShares S&P 100 ETF 27.8 20 0 4.2 -0.5
IUSG iShares Core S&P US Growth ETF 27.6 4 16 3.6 -1.1
USMV iShares Edge MSCI Min Vol USA ETF 27.6 15 5 5.3 +0.6
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 27.1 20 0 4.8 +0.0
PBP Invesco S&P 500 BuyWrite ETF 27.0 49 -29 4.3 -0.4
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 27.0 12 8 4.9 +0.2
XLK Technology Select Sector SPDR Fund 26.8 13 7 4.2 -0.5
DEF Invesco Defensive Equity ETF 26.8 55 -35 5.2 +0.5
FLLV Franklin Liberty U.S. Low Volatility ETF 26.8 29 -9 4.9 +0.2
VOOV Vanguard S&P 500 Value ETF 26.6 10 10 6.6 +1.9
SPXE ProShares S&P 500 Ex-Energy ETF 26.6 27 -7 4.6 -0.1
FDLO Fidelity Low Volatility Factor ETF 26.5 29 -9 4.9 +0.2
IWF iShares Russell 1000 Growth ETF 26.4 19 1 3.4 -1.3
SCHG Schwab U.S. Large-Cap Growth ETF 26.4 4 16 3.1 -1.6
XYLG Global X S&P 500 Covered Call & Growth ETF 26.4 60 -40 4.4 -0.3
SPY SPDR S&P 500 ETF Trust 26.1 9 11 4.7 -0.1
IVV iShares Core S&P 500 ETF 26.1 3 17 4.7 +0.0
MGV Vanguard Mega Cap Value ETF 26.1 7 13 6.5 +1.8
SPLG SPDR Portfolio Large Cap ETF 26.0 3 17 4.7 0.0
QDEF FlexShares Quality Dividend Defensive Index Fund 26.0 37 -17 5.4 +0.7
FDMO Fidelity Momentum Factor ETF 25.9 29 -9 2.4 -2.3
SPXN ProShares S&P 500 Ex-Financials ETF 25.8 27 -7 4.3 -0.4
FTEC Fidelity MSCI Information Technology Index ETF 25.7 8 12 3.9 -0.8
ECOZ TrueMark ESG Active Opportunities ETF 25.7 58 -38 3.0 -1.7
VOO VANGUARD S&P 500 ETF 25.6 3 17 4.8 +0.1
VGT Vanguard Information Technology Index Fund 25.6 10 10 3.9 -0.8
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 25.5 7 13 4.5 -0.2
VONG Vanguard Russell 1000 Growth Index Fund 25.3 8 12 3.5 -1.2
SPXV ProShares S&P 500 Ex-Health Care ETF 25.3 27 -7 4.3 -0.5
ADME Aptus Drawdown Managed Equity ETF 25.2 79 -59 3.1 -1.6
DGRW WisdomTree U.S. Quality Dividend Growth Fund 25.2 28 -8 6.0 +1.3
JOET Virtus Terranova US Quality Momentum ETF 25.1 29 -9 4.6 -0.1
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF 24.9 49 -29 4.2 -0.5
ESGU iShares MSCI USA ESG Optimized ETF 24.9 15 5 4.4 -0.3
BBUS JP Morgan Betabuilders U.S. Equity ETF 24.9 2 18 4.6 -0.1
PBUS Invesco PureBeta MSCI USA ETF 24.8 4 16 4.6 -0.1
SPHQ Invesco S&P 500 Quality ETF 24.8 15 5 4.4 -0.4
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 24.8 20 0 4.6 -0.2
RECS Columbia Research Enhanced Core ETF 24.8 15 5 5.1 +0.4
VV Vanguard Large-Cap Index Fund 24.7 4 16 4.6 -0.1
FQAL Fidelity Quality Factor ETF 24.6 29 -9 5.0 +0.3
IXN iShares Global Tech ETF 24.6 46 -26 3.7 -1.0
DGRO iShares Core Dividend Growth ETF 24.6 8 12 6.0 +1.3
JOYY Infusive Compounding Global Equities ETF 24.5 50 -30 3.4 -1.3
QUAL iShares MSCI Usa Quality Factor ETF 24.5 15 5 5.0 +0.3
IEDI iShares Evolved U.S. Discretionary Spending ETF 24.1 18 2 3.4 -1.3
FLQL Franklin LibertyQ U.S. Equity ETF 24.0 15 5 5.9 +1.2
SCHX Schwab U.S. Large-Cap ETF 24.0 3 17 4.5 -0.2
SFY SoFi Select 500 ETF 23.9 0 20 4.6 -0.2
EPS WisdomTree U.S. Earnings 500 Fund 23.8 8 12 5.9 +1.2
SPTM SPDR Portfolio Total Stock Market ETF 23.8 3 17 4.8 +0.1
FDRR Fidelity Dividend ETF for Rising Rates 23.8 29 -9 5.9 +1.2
AFLG First Trust Active Factor Large Cap ETF 23.7 55 -35 4.6 -0.1
QUS SPDR MSCI USA StrategicFactors ETF 23.7 15 5 5.3 +0.5
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 23.6 15 5 5.8 +1.1
KRMA Global X Conscious Companies ETF 23.5 43 -23 4.9 +0.1
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 23.5 25 -5 5.8 +1.1
ACSI American Customer Satisfaction Core Alpha ETF 23.4 66 -46 3.5 -1.2
QYLD Global X NASDAQ 100 Covered Call ETF 23.4 60 -40 3.1 -1.6
SCHK Schwab 1000 Index ETF 23.2 5 15 4.6 -0.2
IWB iShares Russell 1000 ETF 23.2 15 5 4.4 -0.3
ESG FlexShares STOXX US ESG Impact Index Fund 23.2 32 -12 4.4 -0.3
IYY iShares Dow Jones U.S. ETF 23.0 20 0 4.4 -0.3
EQWL Invesco Russell Top 200 Equal Weight ETF 23.0 25 -5 5.6 +0.9
QDYN FlexShares Quality Dividend Dynamic Index Fund 23.0 37 -17 5.3 +0.6
DLN WisdomTree U.S. LargeCap Dividend Fund 22.9 28 -8 6.1 +1.4
NUSI Nationwide Risk-Managed Income ETF 22.9 68 -48 3.1 -1.6
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 22.8 60 -40 3.1 -1.6

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 Morningstar Large-Cap 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 22.2 %
Divided by: Fwd. P/BV 4.5 x
Less: Expense ratio 20 bp
Equals: ALTAR Score 4.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

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