iShares Morningstar Large Cap Value ETF
ALTAR
Score™
8.1% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
12.2x P/Sales
ratio
1.5x
P/BV
ratio
1.9x Div.
yield
3.8%


  • 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 Jul 02, 2004
Assets (mns) $499
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 77
Wgt avg mkt cap (mns) $176,777
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 6.0 %
JOHNSON & JOHNSON 5.6 %
PROCTER & GAMBLE CO/THE 4.5 %
AT&T INC 4.0 %
INTEL CORP 4.0 %
EXXON MOBIL CORP 3.6 %
VERIZON COMMUNICATIONS INC 3.4 %
CHEVRON CORP 2.9 %
PFIZER INC 2.8 %
CISCO SYSTEMS INC 2.8 %
Total 39.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.0 %
IRELAND 2.1 %
SWITZERLAND 1.1 %
BRITAIN 0.3 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru January 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-3.5% 13.4% 9.8% 11.0% 7.2%

Market Correlations
versus... Beta R-squared
S&P500 0.91 87%
MSCI EAFE 0.84 61%
MSCI Emg. Mkts. 0.58 50%

Technical Indicators
Recent close $104.04
30d moving avg. $115.59
Annualized volatility 11.9%
Short interest (ETF) 0.2%
Short interest (Underlying) 1.8%
Relative strength (RSI) 32

Liquidity measures
Avg. volume (thou.) 9
Turnover 0.2%
Bid/Ask (% of price) 0.03%
ADV underlying (mns) $34,030

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 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™: 8.1%


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
(%)
IWX iShares Russell Top 200 Value ETF 59.7 20 5 7.4 -0.7
OYLD Invesco Russell 1000 Yield Factor ETF 59.2 19 6 6.7 -1.3
VYM Vanguard High Dividend Yield Index ETF 56.7 6 19 7.6 -0.5
MGV Vanguard Mega Cap Value ETF 56.1 7 18 7.5 -0.5
PWV Invesco Dynamic Large Cap Value ETF 49.8 55 -30 9.1 +1.1
RAFE PIMCO RAFI ESG U.S. ETF 49.0 29 -4 8.4 +0.3
VTV Vanguard Value Index Fund 48.3 4 21 7.7 -0.4
SCHV Schwab U.S. Large-Cap Value ETF 47.4 4 21 7.4 -0.7
DLN WisdomTree U.S. LargeCap Dividend Fund 46.9 28 -3 6.9 -1.2
OUSA O'Shares FTSE US Quality Dividend ETF 46.9 48 -23 6.2 -1.9
USDY Pacific Global US Equity Income ETF 44.9 29 -4 8.1 +0.1
REVS Columbia Research Enhanced Value ETF 44.2 19 6 7.9 -0.2
DHS WisdomTree U.S. High Dividend Fund 43.9 38 -13 8.6 +0.5
VOOV Vanguard S&P 500 Value ETF 43.8 15 10 7.6 -0.5
DURA VanEck Vectors Morningstar Durable Dividend ETF 43.8 29 -4 7.2 -0.9
IVE iShares S&P 500 Value ETF 43.7 18 7 7.6 -0.5
SPYV SPDR Portfolio S&P 500 Value ETF 43.7 4 21 7.7 -0.4
HDV iShares Core High Dividend ETF 42.5 8 17 7.5 -0.6
EQWL Invesco Russell Top 200 Equal Weight ETF 41.9 25 0 6.5 -1.6
VONV Vanguard Russell 1000 Value Index Fund 41.4 8 17 7.4 -0.6

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 Value ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 15.2 %
Divided by: Fwd. P/BV 1.8 x
Less: Expense ratio 25 bp
Equals: ALTAR Score 8.1 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.64 CATEGORY
AVERAGE
1.56
 
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.