iShares Morningstar Large Cap Value ETF
ALTAR
Score™
6.9% info Recommen-
dation
SPECULATIVE
2021E    2022E
P/E
ratio
15.5x P/Sales
ratio
2.2x
P/BV
ratio
2.3x Div.
yield
3.0%


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

FUND BASICS
Category US Equities
Fund Sponsor Barclays Global Fund Advisors
Website www.ishares.com
Inception date Jun 28, 2004
Assets (mns) $574
Currency USD
Expense ratio 25 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 81
Wgt avg mkt cap (mns) $176,751
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
JPMORGAN CHASE & CO 5.0 %
JOHNSON & JOHNSON 4.8 %
PROCTER & GAMBLE CO/THE 3.5 %
BANK OF AMERICA CORP 2.9 %
INTEL CORP 2.9 %
COMCAST CORP-CL A 2.7 %
VERIZON COMMUNICATIONS INC 2.6 %
EXXON MOBIL CORP 2.5 %
AT&T INC 2.3 %
BROADCOM INC. 2.2 %
Total 31.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.5 %
IRELAND 2.3 %
SWITZERLAND 0.8 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
3.3% 17.5% 11.1% 9.2% 7.1%

Market Correlations
versus... Beta R-squared
S&P500 0.96 90%
MSCI EAFE 0.95 86%
MSCI Emg. Mkts. 0.74 65%

Technical Indicators
Recent close $115.92
30d moving avg. $115.30
Annualized volatility 18.7%
Short interest (ETF) 0.1%
Short interest (Underlying) 1.1%
Relative strength (RSI) 54

Liquidity measures
Avg. volume (thou.) 17
Turnover 0.3%
Bid/Ask (% of price) 0.04%
ADV underlying (mns) $53,082

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 96 potential alternatives to the iShares Morningstar Large Cap Value ETF ETF based on the alternatives' overlap in portfolio holdings with JKF. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: JKF Expense: 25 bp ALTAR Score™: 6.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH JKF
Ticker Fund
Name
Overlap1
vs JKF
(%)
Expense
ratio
(bp)
Savings
vs JKF
(bp)
ALTAR
Score™
(%)
ALTAR
vs JKF
(%)
MGV Vanguard Mega Cap Value ETF 72.9 7 18 6.6 -0.3
VYM Vanguard High Dividend Yield Index ETF 63.1 6 19 6.8 -0.1
IWX iShares Russell Top 200 Value ETF 62.0 20 5 6.1 -0.8
VOOV Vanguard S&P 500 Value ETF 56.8 10 15 6.2 -0.7
VTV Vanguard Value Index Fund 56.4 4 21 6.6 -0.3
PWV Invesco Dynamic Large Cap Value ETF 51.3 56 -31 7.0 +0.1
DLN WisdomTree U.S. LargeCap Dividend Fund 50.2 28 -3 6.4 -0.5
DGRO iShares Core Dividend Growth ETF 49.3 8 17 6.4 -0.5
SPYV SPDR Portfolio S&P 500 Value ETF 47.1 4 21 6.3 -0.6
IVE iShares S&P 500 Value ETF 47.0 18 7 6.1 -0.8
EQWL Invesco Russell Top 200 Equal Weight ETF 46.0 25 0 5.8 -1.1
DIVB iShares U.S. Dividend & Buyback ETF 45.9 25 0 6.0 -0.9
DTD WisdomTree U.S.Total Dividend Fund 45.2 28 -3 6.4 -0.5
FDRR Fidelity Dividend ETF for Rising Rates 44.2 29 -4 6.1 -0.8
VONV Vanguard Russell 1000 Value Index Fund 44.0 8 17 6.1 -0.8
IUSV iShares Core S&P U.S. Value ETF 43.9 4 21 6.3 -0.6
SCHV Schwab U.S. Large-Cap Value ETF 43.7 4 21 6.1 -0.8
OUSA O'Shares FTSE US Quality Dividend ETF 43.2 48 -23 5.8 -1.1
RAFE PIMCO RAFI ESG U.S. ETF 42.4 30 -5 6.7 -0.2
IWD iShares Russell 1000 Value ETF 40.3 19 6 5.9 -0.9
PFM Invesco Dividend Achievers ETF 40.0 53 -28 5.2 -1.7
DGRW WisdomTree U.S. Quality Dividend Growth Fund 39.7 28 -3 6.2 -0.7
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 37.7 12 13 5.2 -1.7
FNDX Schwab Fundamental U.S. Large Co. Index ETF 37.6 25 0 5.6 -1.3
HDV iShares Core High Dividend ETF 37.0 8 17 6.4 -0.5
EPS WisdomTree U.S. Earnings 500 Fund 36.8 8 17 6.1 -0.8
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 36.5 75 -50 6.0 -0.9
EDOW First Trust Dow 30 Equal Weight ETF 36.0 50 -25 5.3 -1.6
FDVV Fidelity Core Dividend ETF 35.8 29 -4 6.1 -0.8
PRF Invesco FTSE RAFI US 1000 ETF 35.6 39 -14 5.7 -1.2
FMK First Trust Mega Cap AlphaDEX Fund 35.5 70 -45 0.0 -6.9
DJD Invesco Dow Jones Industrial Average Dividend ETF 34.8 7 18 6.5 -0.4
FNDB Schwab Fundamental U.S. Broad Market Index ETF 34.3 25 0 5.5 -1.4
QUS SPDR MSCI USA StrategicFactors ETF 34.0 15 10 5.4 -1.5
FLV American Century Focused Large Cap Value ETF 33.9 42 -17 5.9 -1.0
OEF iShares S&P 100 ETF 33.8 20 5 4.5 -2.4
REVS Columbia Research Enhanced Value ETF 33.8 19 6 7.0 +0.1
VLU SPDR S&P 1500 Value Tilt ETF 33.4 12 13 5.9 -1.0
SPXT ProShares S&P 500 Ex-Technology ETF 33.0 27 -2 5.0 -1.9
ESG FlexShares STOXX US ESG Impact Index Fund 32.8 32 -7 4.7 -2.2
NULV Nuveen ESG Large-Cap Value ETF 32.6 35 -10 6.2 -0.7
MGC Vanguard Mega Cap Index Fund 32.4 7 18 4.8 -2.1
DEW WisdomTree Global High Dividend Fund 32.3 58 -33 8.6 +1.7
IWL iShares Russell Top 200 ETF 32.2 15 10 4.6 -2.2
CCOR Core Alternative ETF 32.1 109 -84 4.7 -2.2
BKLC BNY Mellon US Large Cap Core Equity ETF 32.0 0 25 4.7 -2.2
WOMN Impact Shares YWCA Women's Empowerment ETF 31.8 75 -50 3.7 -3.2
SIXA 6 Meridian Mega Cap Equity ETF 31.6 82 -57 6.3 -0.6
DURA VanEck Vectors Morningstar Durable Dividend ETF 31.2 29 -4 8.2 +1.3
GBLO Global Beta Low Beta ETF 31.1 29 -4 7.5 +0.6
JVAL JPMorgan U.S. Value Factor ETF 31.1 12 13 7.1 +0.2
XLG Invesco S&P 500 Top 50 ETF 31.0 20 5 4.3 -2.6
RWL Invesco S&P 500 Revenue ETF 30.9 39 -14 6.1 -0.8
QDF FlexShares Quality Dividend Index Fund 30.9 37 -12 5.6 -1.3
QDEF FlexShares Quality Dividend Defensive Index Fund 30.4 37 -12 5.7 -1.2
FVAL Fidelity Value Factor ETF 30.2 29 -4 6.8 -0.1
DHS WisdomTree U.S. High Dividend Fund 29.9 38 -13 8.2 +1.3
RNDV US Equity Dividend Select ETF 29.9 50 -25 7.2 +0.3
SYV SPDR MFS Systematic Value Equity ETF 29.8 60 -35 6.2 -0.7
NACP Impact Shares NAACP Minority Empowerment ETF 29.7 49 -24 4.9 -2.0
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 29.7 35 -10 7.5 +0.6
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 29.7 35 -10 7.6 +0.7
FLLV Franklin Liberty U.S. Low Volatility ETF 29.7 29 -4 5.1 -1.8
SPQQ Siren Large Cap Blend Index ETF 29.6 20 5 4.3 -2.6
ESGV Vanguard ESG U.S. Stock ETF 29.4 12 13 4.6 -2.3
VIG Vanguard Dividend Appreciation Index Fund 29.4 6 19 5.2 -1.7
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 29.4 20 5 4.7 -2.2
DIA SPDR Dow Jones Industrial Average ETF Trust 29.0 16 9 5.2 -1.7
QDYN FlexShares Quality Dividend Dynamic Index Fund 28.9 37 -12 5.7 -1.2
FUNL CornerCap Fundametrics Large-Cap ETF 28.7 50 -25 7.2 +0.3
IUS Invesco Strategic US ETF 28.4 19 6 5.2 -1.7
VLUE iShares MSCI USA Value Factor ETF 28.4 15 10 9.3 +2.5
YLDE ClearBridge Dividend Strategy ESG ETF 28.3 60 -35 4.7 -2.2
PBP Invesco S&P 500 BuyWrite ETF 28.1 49 -24 4.5 -2.4
JCTR JPMorgan Carbon Transition U.S. Equity ETF 28.1 15 10 4.9 -2.0
FLQL Franklin LibertyQ U.S. Equity ETF 28.0 15 10 6.0 -0.8
DIVO Amplify YieldShares CWP Dividend & Option Income ETF 27.9 49 -24 4.4 -2.5
XYLG Global X S&P 500 Covered Call & Growth ETF 27.5 60 -35 4.4 -2.4
VFVA Vanguard U.S. Value Factor ETF 27.5 14 11 8.2 +1.4
DBLV AdvisorShares DoubleLine Value Equity ETF 27.5 91 -66 5.7 -1.2
MOAT VanEck Vectors Morningstar Wide Moat ETF 27.3 48 -23 6.4 -0.5
DSTL Distillate US Fundamental Stability & Value ETF 27.0 39 -14 6.1 -0.8
SPY SPDR S&P 500 ETF Trust 27.0 9 16 4.8 -2.1
IVV iShares Core S&P 500 ETF 27.0 3 22 4.9 -2.0
VTRN Victory Portfolios II VictoryShares Top Veteran Employers ET 26.9 60 -35 6.6 -0.3
SPLG SPDR Portfolio Large Cap ETF 26.8 3 22 4.9 -2.0
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 26.6 15 10 0.0 -6.9
FTA First Trust Large Cap Value AlphaDEX Fund 26.6 60 -35 7.2 +0.3
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 26.6 20 5 4.9 -2.0
VOO VANGUARD S&P 500 ETF 26.6 3 22 4.9 -2.0
EFIV SPDR S&P 500 ESG ETF 26.5 10 15 4.9 -2.0
SNPE Xtrackers S&P 500 ESG ETF 26.5 10 15 4.9 -2.0
SPXE ProShares S&P 500 Ex-Energy ETF 26.3 27 -2 4.8 -2.1
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 26.2 7 18 4.7 -2.2
DTN WisdomTree U.S. Dividend ex-Financials Fund 26.1 38 -13 7.1 +0.2
IOO iShares Global 100 ETF 25.7 40 -15 4.7 -2.2

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

  2016 2017 2018 2019 2020 2021E 2022E
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
  2020 2021E 2022E
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 Value ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE

Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 16.3 %
Divided by: Fwd. P/BV 2.3 x
Less: Expense ratio 25 bp
Equals: ALTAR Score 6.9 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.50 CATEGORY
AVERAGE
1.50
 
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.