iShares Morningstar Large-Cap ETF
ALTAR
Score™
6.0% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
21.7x P/Sales
ratio
2.6x
P/BV
ratio
3.4x Div.
yield
2.0%


  • 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 Jul 02, 2004
Assets (mns) $749
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 77
Wgt avg mkt cap (mns) $335,058
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 15.5 %
BERKSHIRE HATHAWAY INC-CL B 4.4 %
HOME DEPOT INC 3.4 %
WALT DISNEY CO/THE 2.7 %
MERCK & CO. INC. 2.6 %
BANK OF AMERICA CORP 2.5 %
PEPSICO INC 2.3 %
COMCAST CORP-CL A 2.3 %
COCA-COLA CO/THE 2.3 %
BRISTOL-MYERS SQUIBB CO 1.8 %
Total 39.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.5 %
IRELAND 3.9 %
SWITZERLAND 0.6 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-6.8% 12.8% 9.0% 12.9% 9.2%

Market Correlations
versus... Beta R-squared
S&P500 0.99 97%
MSCI EAFE 0.98 82%
MSCI Emg. Mkts. 0.70 65%

Technical Indicators
Recent close $172.23
30d moving avg. $163.15
Annualized volatility 17.0%
Short interest (ETF) 0.0%
Short interest (Underlying) 1.9%
Relative strength (RSI) 58

Liquidity measures
Avg. volume (thou.) 9
Turnover 0.2%
Bid/Ask (% of price) 0.05%
ADV underlying (mns) $55,295

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 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™: 6.0%


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
(%)
DGRW WisdomTree U.S. Quality Dividend Growth Fund 37.5 28 -8 6.6 +0.7
OUSA O'Shares FTSE US Quality Dividend ETF 34.9 48 -28 5.8 -0.2
IWX iShares Russell Top 200 Value ETF 33.6 20 0 7.1 +1.1
DGRO iShares Core Dividend Growth ETF 32.7 8 12 6.6 +0.7
MGV Vanguard Mega Cap Value ETF 32.1 7 13 7.2 +1.3
XLG Invesco S&P 500 Top 50 ETF 31.5 20 0 4.7 -1.2
IWL iShares Russell Top 200 ETF 31.5 15 5 5.2 -0.7
MGC Vanguard Mega Cap Index Fund 31.1 7 13 5.4 -0.6
FDLO Fidelity Low Volatility Factor ETF 30.9 29 -9 5.3 -0.7
DSTL Distillate US Fundamental Stability & Value ETF 30.3 39 -19 6.5 +0.6
PFM Invesco Dividend Achievers ETF 30.1 54 -34 5.4 -0.5
OEF iShares S&P 100 ETF 30.1 20 0 5.0 -1.0
MGK Vanguard Mega Cap Growth ETF 30.0 7 13 4.4 -1.6
IWY iShares Russell Top 200 Growth ETF 30.0 20 0 4.4 -1.6
PBP Invesco S&P 500 BuyWrite ETF 30.0 49 -29 5.1 -0.9
YLDE ClearBridge Dividend Strategy ESG ETF 29.6 60 -40 5.0 -0.9
HLAL Wahed FTSE USA Shariah ETF 29.5 50 -30 4.7 -1.2
HSPX Global X S&P 500 Covered Call ETF 29.2 65 -45 5.0 -1.0
DIVB iShares U.S. Dividend & Buyback ETF 29.1 25 -5 6.6 +0.7
DLN WisdomTree U.S. LargeCap Dividend Fund 29.1 28 -8 6.5 +0.5
ACIO Aptus Collared Income Opportunity ETF 28.8 79 -59 4.5 -1.4
SPMO Invesco S&P 500 Momentum ETF 28.7 13 7 4.5 -1.5
IUS Invesco Strategic US ETF 28.7 19 1 6.3 +0.3
SPYV SPDR Portfolio S&P 500 Value ETF 28.5 4 16 7.4 +1.5
ESG FlexShares STOXX US ESG Impact Index Fund 28.5 32 -12 5.3 -0.7
IVE iShares S&P 500 Value ETF 28.4 18 2 7.3 +1.3
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 28.4 20 0 5.6 -0.4
VTV Vanguard Value Index Fund 28.4 4 16 7.4 +1.4
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 28.3 15 5 6.8 +0.9
SPXE ProShares S&P 500 Ex-Energy ETF 28.2 27 -7 5.5 -0.5
VOOV Vanguard S&P 500 Value ETF 28.1 15 5 7.3 +1.4
IQSU IQ Candriam ESG US Equity ETF 28.1 9 11 5.3 -0.6
SPXV ProShares S&P 500 Ex-Health Care ETF 28.1 27 -7 5.2 -0.7
QUS SPDR MSCI USA StrategicFactors ETF 28.1 15 5 5.9 -0.1
SNPE Xtrackers S&P 500 ESG ETF 28.0 11 9 5.3 -0.7
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 28.0 12 8 4.9 -1.1
CATH Global X S&P 500 Catholic Values Custom ETF 27.9 29 -9 5.4 -0.5
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 27.8 49 -29 4.2 -1.7
USMV iShares Edge MSCI Min Vol USA ETF 27.7 15 5 5.7 -0.3
SFY SoFi Select 500 ETF 27.7 0 20 5.4 -0.6
SPLG SPDR Portfolio Large Cap ETF 27.6 3 17 5.6 -0.4
VIG Vanguard Dividend Appreciation Index Fund 27.6 6 14 5.2 -0.7
SPY SPDR S&P 500 ETF Trust 27.6 9 11 5.5 -0.5
IVV iShares Core S&P 500 ETF 27.6 4 16 5.6 -0.4
EQWL Invesco Russell Top 200 Equal Weight ETF 27.6 25 -5 6.1 +0.2
OMFL Oppenheimer Russell 1000 Dynamic Multifactor ETF 27.6 29 -9 4.4 -1.6
EPS WisdomTree U.S. Earnings 500 Fund 27.5 8 12 6.6 +0.6
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 27.4 20 0 5.1 -0.9
VOO VANGUARD S&P 500 ETF 27.4 3 17 5.6 -0.4
ESGU iShares MSCI USA ESG Optimized ETF 27.2 15 5 5.2 -0.7
VOOG Vanguard S&P 500 Growth ETF 27.1 10 10 4.5 -1.5
SPYG SPDR Portfolio S&P 500 Growth ETF 27.1 4 16 4.5 -1.4
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 27.0 19 1 5.7 -0.2
IVW iShares S&P 500 Growth ETF 27.0 18 2 4.4 -1.6
SPXN ProShares S&P 500 Ex-Financials ETF 27.0 27 -7 5.2 -0.8
MMTM SPDR S&P 1500 Momentum Tilt ETF 26.8 12 8 5.1 -0.8
IUSV iShares Core S&P U.S. Value ETF 26.7 4 16 7.5 +1.5
VV Vanguard Large-Cap Index Fund 26.7 4 16 5.4 -0.5
PBUS Invesco PureBeta MSCI USA ETF 26.7 4 16 5.4 -0.5
FDRR Fidelity Dividend ETF for Rising Rates 26.6 29 -9 7.1 +1.2
RECS Columbia Research Enhanced Core ETF 26.5 15 5 5.7 -0.2
BBUS JP Morgan Betabuilders U.S. Equity ETF 26.4 2 18 5.5 -0.5
QUAL iShares MSCI Usa Quality Factor ETF 26.4 15 5 5.5 -0.5
XLK Technology Select Sector SPDR Fund 26.3 13 7 5.1 -0.9
SPXT ProShares S&P 500 Ex-Technology ETF 26.3 27 -7 5.7 -0.3
JOYY Infusive Compounding Global Equities ETF 26.2 50 -30 3.9 -2.0
TMFC Motley Fool 100 Index ETF 26.0 50 -30 4.0 -2.0
SCHV Schwab U.S. Large-Cap Value ETF 26.0 4 16 7.2 +1.2
FNDX Schwab Fundamental U.S. Large Co. Index ETF 25.9 25 -5 6.7 +0.7
SCHX Schwab U.S. Large-Cap ETF 25.8 3 17 5.5 -0.5
FLLV Franklin Liberty U.S. Low Volatility ETF 25.7 29 -9 5.7 -0.2
VGT Vanguard Information Technology Index Fund 25.7 10 10 4.9 -1.1
FTEC Fidelity MSCI Information Technology Index ETF 25.7 8 12 4.9 -1.1
XOUT GraniteShares XOUT U.S. Large Cap ETF 25.6 60 -40 4.6 -1.4
DTD WisdomTree U.S.Total Dividend Fund 25.6 28 -8 6.7 +0.8
SCHG Schwab U.S. Large-Cap Growth ETF 25.5 4 16 4.3 -1.6
IUSG iShares Core S&P US Growth ETF 25.5 4 16 4.5 -1.4
SPTM SPDR Portfolio Total Stock Market ETF 25.5 3 17 5.7 -0.3
VUG Vanguard Growth Index Fund 25.3 4 16 4.2 -1.7
LVUS Hartford Multifactor Low Volatility US Equity ETF 25.2 19 1 6.0 +0.1
SPMV Invesco S&P 500 Minimum Variance ETF 24.9 10 10 5.8 -0.1
SCHK Schwab 1000 Index ETF 24.9 5 15 5.4 -0.5
IWB iShares Russell 1000 ETF 24.9 15 5 5.3 -0.6
IWF iShares Russell 1000 Growth ETF 24.9 19 1 4.4 -1.6
VONG Vanguard Russell 1000 Growth Index Fund 24.8 8 12 4.5 -1.5
KRMA Global X Conscious Companies ETF 24.8 43 -23 5.4 -0.6
IXN iShares Global Tech ETF 24.8 46 -26 4.9 -1.1
IWD iShares Russell 1000 Value ETF 24.8 19 1 7.2 +1.2
USDY Pacific Global US Equity Income ETF 24.7 29 -9 8.0 +2.0
QVM Arrow QVM Equity Factor ETF 24.6 65 -45 5.2 -0.8
IYY iShares Dow Jones U.S. ETF 24.6 20 0 5.3 -0.6
VONE Vanguard Russell 1000 ETF 24.6 8 12 5.4 -0.5
VONV Vanguard Russell 1000 Value Index Fund 24.5 8 12 7.3 +1.3
QLC FlexShares US Quality Large Cap Index Fund 24.5 32 -12 5.6 -0.3
VEGN US Vegan Climate ETF 24.3 60 -40 5.3 -0.6
DIA SPDR Dow Jones Industrial Average ETF Trust 24.3 16 4 5.7 -0.3
CCOR Core Alternative ETF 24.2 123 -103 4.3 -1.7
ADME Aptus Drawdown Managed Equity ETF 24.1 81 -61 3.8 -2.1
QLV FlexShares US Quality Low Volatility Index Fund 24.1 22 -2 5.2 -0.8
FNDB Schwab Fundamental U.S. Broad Market Index ETF 24.1 25 -5 6.6 +0.7

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

  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 19.9 %
Divided by: Fwd. P/BV 3.2 x
Less: Expense ratio 20 bp
Equals: ALTAR Score 6.0 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.44 CATEGORY
AVERAGE
1.53
 
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.