iShares Morningstar Large-Cap ETF
ALTAR
Score™
5.5% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
24.3x P/Sales
ratio
2.9x
P/BV
ratio
4.5x Div.
yield
1.4%


  • 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) $805
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 79
Wgt avg mkt cap (mns) $468,384
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 16.2 %
BERKSHIRE HATHAWAY INC-CL B 3.8 %
UNITEDHEALTH GROUP INC 2.9 %
HOME DEPOT INC 2.9 %
WALT DISNEY CO/THE 2.2 %
MERCK & CO. INC. 1.9 %
PEPSICO INC 1.9 %
COCA-COLA CO/THE 1.9 %
ABBOTT LABORATORIES 1.9 %
THERMO FISHER SCIENTIFIC INC 1.9 %
Total 37.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 94.7 %
IRELAND 3.1 %
BRITAIN 2.0 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru September 30)
Year-to-date 1 year 5 years 10 years Since Incep.
7.0% 18.1% 14.2% 14.1% 9.9%

Market Correlations
versus... Beta R-squared
S&P500 1.00 97%
MSCI EAFE 1.02 82%
MSCI Emg. Mkts. 0.72 65%

Technical Indicators
Recent close $198.75
30d moving avg. $196.28
Annualized volatility 18.1%
Short interest (ETF) 0.0%
Short interest (Underlying) 1.9%
Relative strength (RSI) 55

Liquidity measures
Avg. volume (thou.) 9
Turnover 0.2%
Bid/Ask (% of price) 0.05%
ADV underlying (mns) $56,858

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™: 5.5%


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
(%)
IWX iShares Russell Top 200 Value ETF 38.6 20 0 6.6 +1.2
HLAL Wahed FTSE USA Shariah ETF 38.3 50 -30 4.3 -1.2
ACIO Aptus Collared Income Opportunity ETF 38.2 79 -59 4.2 -1.2
VIG Vanguard Dividend Appreciation Index Fund 37.8 6 14 5.1 -0.3
MGV Vanguard Mega Cap Value ETF 37.7 7 13 7.1 +1.6
BKLC BNY Mellon US Large Cap Core Equity ETF 37.6 0 20 4.9 -0.6
GBGR Global Beta Momentum-Growth ETF 37.6 29 -9 5.2 -0.3
OUSA O'Shares FTSE US Quality Dividend ETF 37.5 48 -28 5.7 +0.2
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 37.2 49 -29 3.9 -1.6
IWL iShares Russell Top 200 ETF 37.0 15 5 4.7 -0.7
DGRW WisdomTree U.S. Quality Dividend Growth Fund 36.8 28 -8 6.3 +0.8
MGK Vanguard Mega Cap Growth ETF 36.7 7 13 3.9 -1.5
XLG Invesco S&P 500 Top 50 ETF 36.1 20 0 4.3 -1.2
MGC Vanguard Mega Cap Index Fund 35.8 7 13 4.9 -0.5
IWY iShares Russell Top 200 Growth ETF 35.6 20 0 3.8 -1.7
OEF iShares S&P 100 ETF 35.5 20 0 4.6 -0.9
IQSU IQ Candriam ESG US Equity ETF 33.8 9 11 4.9 -0.6
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 33.6 19 1 5.8 +0.4
PFM Invesco Dividend Achievers ETF 33.5 53 -33 5.2 -0.3
XOUT GraniteShares XOUT U.S. Large Cap ETF 33.5 60 -40 3.9 -1.5
EFIV SPDR S&P 500 ESG ETF 33.3 10 10 4.9 -0.6
SNPE Xtrackers S&P 500 ESG ETF 33.2 10 10 4.9 -0.6
HSPX Global X S&P 500 Covered Call ETF 33.0 60 -40 4.8 -0.7
PBP Invesco S&P 500 BuyWrite ETF 33.0 49 -29 4.8 -0.7
VOOG Vanguard S&P 500 Growth ETF 33.0 10 10 4.1 -1.3
USMV iShares Edge MSCI Min Vol USA ETF 32.7 15 5 5.4 -0.1
VOOV Vanguard S&P 500 Value ETF 32.6 10 10 7.1 +1.6
MMTM SPDR S&P 1500 Momentum Tilt ETF 32.1 12 8 4.5 -0.9
XYLG Global X S&P 500 Covered Call & Growth ETF 32.1 60 -40 4.8 -0.7
IVW iShares S&P 500 Growth ETF 32.0 18 2 16.7 +11.3
SPYG SPDR Portfolio S&P 500 Growth ETF 32.0 4 16 4.2 -1.3
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 32.0 20 0 5.1 -0.4
SPXE ProShares S&P 500 Ex-Energy ETF 31.9 27 -7 5.0 -0.4
DGRO iShares Core Dividend Growth ETF 31.9 8 12 6.5 +1.0
SPXN ProShares S&P 500 Ex-Financials ETF 31.7 27 -7 4.7 -0.7
SPY SPDR S&P 500 ETF Trust 31.6 9 11 5.1 -0.4
IVV iShares Core S&P 500 ETF 31.6 3 17 5.2 -0.3
SPLG SPDR Portfolio Large Cap ETF 31.6 3 17 5.2 -0.3
SPMO Invesco S&P 500 Momentum ETF 31.4 13 7 3.9 -1.6
EQWL Invesco Russell Top 200 Equal Weight ETF 31.3 25 -5 6.1 +0.6
ESGV Vanguard ESG U.S. Stock ETF 31.3 12 8 4.9 -0.6
QUS SPDR MSCI USA StrategicFactors ETF 31.3 15 5 5.7 +0.2
FLLV Franklin Liberty U.S. Low Volatility ETF 31.2 29 -9 5.3 -0.1
VOO VANGUARD S&P 500 ETF 31.1 3 17 5.2 -0.3
DLN WisdomTree U.S. LargeCap Dividend Fund 31.1 28 -8 6.3 +0.8
IVE iShares S&P 500 Value ETF 30.9 18 2 7.0 +1.5
TMFC Motley Fool 100 Index ETF 30.9 50 -30 3.3 -2.2
SPYV SPDR Portfolio S&P 500 Value ETF 30.9 4 16 7.1 +1.7
HIPR Direxion High Growth ETF 30.8 40 -20 4.4 -1.0
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 30.8 7 13 5.0 -0.5
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 30.7 12 8 4.6 -0.8
ESG FlexShares STOXX US ESG Impact Index Fund 30.5 32 -12 4.9 -0.6
SPXT ProShares S&P 500 Ex-Technology ETF 30.5 27 -7 5.4 -0.1
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 30.5 20 0 4.7 -0.7
FDLO Fidelity Low Volatility Factor ETF 30.3 29 -9 5.1 -0.4
IUSG iShares Core S&P US Growth ETF 30.3 4 16 4.2 -1.3
SCHV Schwab U.S. Large-Cap Value ETF 30.2 4 16 6.6 +1.2
VTV Vanguard Value Index Fund 30.1 4 16 7.2 +1.7
CATH Global X S&P 500 Catholic Values Custom ETF 30.0 29 -9 4.9 -0.5
BBUS JP Morgan Betabuilders U.S. Equity ETF 29.9 2 18 5.0 -0.4
IWF iShares Russell 1000 Growth ETF 29.9 19 1 3.6 -1.9
ESGU iShares MSCI USA ESG Optimized ETF 29.8 15 5 4.8 -0.6
PBUS Invesco PureBeta MSCI USA ETF 29.8 4 16 5.0 -0.5
FQAL Fidelity Quality Factor ETF 29.7 29 -9 5.3 -0.2
SPHQ Invesco S&P 500 Quality ETF 29.5 15 5 4.4 -1.0
SFY SoFi Select 500 ETF 29.5 0 20 4.9 -0.5
VV Vanguard Large-Cap Index Fund 29.5 4 16 5.0 -0.5
EPS WisdomTree U.S. Earnings 500 Fund 29.3 8 12 6.2 +0.8
VUG Vanguard Growth Index Fund 29.3 4 16 3.8 -1.7
SPTM SPDR Portfolio Total Stock Market ETF 29.1 3 17 5.3 -0.2
VONG Vanguard Russell 1000 Growth Index Fund 29.1 8 12 3.7 -1.7
IUSV iShares Core S&P U.S. Value ETF 28.9 4 16 7.2 +1.8
FDRR Fidelity Dividend ETF for Rising Rates 28.9 29 -9 6.6 +1.1
QDEF FlexShares Quality Dividend Defensive Index Fund 28.8 37 -17 5.8 +0.4
SPMV Invesco S&P 500 Minimum Variance ETF 28.8 10 10 5.6 +0.1
SCHX Schwab U.S. Large-Cap ETF 28.7 3 17 4.9 -0.5
FLQL Franklin LibertyQ U.S. Equity ETF 28.5 15 5 6.0 +0.6
SCHK Schwab 1000 Index ETF 28.0 5 15 5.0 -0.5
IWB iShares Russell 1000 ETF 28.0 15 5 4.9 -0.6
DIVB iShares U.S. Dividend & Buyback ETF 27.7 25 -5 6.6 +1.2
CCOR Core Alternative ETF 27.7 109 -89 4.5 -1.0
MTUM iShares Edge MSCI USA Momentum Factor ETF 27.7 15 5 4.1 -1.4
IYY iShares Dow Jones U.S. ETF 27.7 20 0 4.8 -0.6
YLDE ClearBridge Dividend Strategy ESG ETF 27.6 60 -40 4.7 -0.8
FDMO Fidelity Momentum Factor ETF 27.5 29 -9 3.2 -2.3
DTD WisdomTree U.S.Total Dividend Fund 27.4 28 -8 6.5 +1.1
IUS Invesco Strategic US ETF 27.4 19 1 6.3 +0.8
VONE Vanguard Russell 1000 ETF 27.3 8 12 4.9 -0.5
SPXV ProShares S&P 500 Ex-Health Care ETF 27.3 27 -7 4.8 -0.7
KRMA Global X Conscious Companies ETF 27.2 43 -23 5.0 -0.5
NULC Nuveen ESG Large-Cap ETF 27.1 20 0 4.9 -0.6
QUAL iShares MSCI Usa Quality Factor ETF 27.0 15 5 5.2 -0.3
QYLD Global X NASDAQ 100 Covered Call ETF 27.0 60 -40 3.4 -2.1
SCHG Schwab U.S. Large-Cap Growth ETF 26.9 4 16 3.4 -2.1
ADME Aptus Drawdown Managed Equity ETF 26.8 79 -59 3.3 -2.1
VTHR Vanguard Russell 3000 Index Fund 26.6 10 10 4.8 -0.7
RECS Columbia Research Enhanced Core ETF 26.5 15 5 5.5 -0.0
JOYY Infusive Compounding Global Equities ETF 26.5 50 -30 3.6 -1.9
FNDX Schwab Fundamental U.S. Large Co. Index ETF 26.4 25 -5 6.5 +1.0
QLC FlexShares US Quality Large Cap Index Fund 26.3 32 -12 5.0 -0.5

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 22.5 %
Divided by: Fwd. P/BV 4.0 x
Less: Expense ratio 20 bp
Equals: ALTAR Score 5.5 %
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.