iShares Morningstar Large Cap Value ETF
ALTAR
Score™
7.7% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
17.3x P/Sales
ratio
1.7x
P/BV
ratio
2.0x Div.
yield
3.5%


  • 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) $458
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 73
Wgt avg mkt cap (mns) $166,128
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
JOHNSON & JOHNSON 6.0 %
PROCTER & GAMBLE CO/THE 5.5 %
JPMORGAN CHASE & CO 4.9 %
VERIZON COMMUNICATIONS INC 3.7 %
PFIZER INC 3.3 %
COMCAST CORP-CL A 3.2 %
INTEL CORP 3.2 %
WAL-MART STORES INC 3.1 %
AT&T INC 3.1 %
BANK OF AMERICA CORP 3.0 %
Total 39.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 98.0 %
SWITZERLAND 0.9 %
IRELAND 0.7 %








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.
-13.4% -7.4% 8.2% 9.2% 6.2%

Market Correlations
versus... Beta R-squared
S&P500 0.92 91%
MSCI EAFE 0.97 83%
MSCI Emg. Mkts. 0.69 67%

Technical Indicators
Recent close $99.56
30d moving avg. $100.24
Annualized volatility 17.0%
Short interest (ETF) 0.4%
Short interest (Underlying) 1.8%
Relative strength (RSI) 46

Liquidity measures
Avg. volume (thou.) 15
Turnover 0.3%
Bid/Ask (% of price) 0.04%
ADV underlying (mns) $39,940

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 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™: 7.7%


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 56.2 7 18 7.2 -0.5
IWX iShares Russell Top 200 Value ETF 54.7 20 5 6.7 -0.9
VYM Vanguard High Dividend Yield Index ETF 53.8 6 19 7.4 -0.3
PWV Invesco Dynamic Large Cap Value ETF 48.5 56 -31 8.2 +0.6
VTV Vanguard Value Index Fund 45.6 4 21 7.3 -0.4
DLN WisdomTree U.S. LargeCap Dividend Fund 44.0 28 -3 6.4 -1.3
VOOV Vanguard S&P 500 Value ETF 43.8 10 15 7.2 -0.4
USDY Pacific Global US Equity Income ETF 41.8 29 -4 7.0 -0.7
SPYV SPDR Portfolio S&P 500 Value ETF 41.8 4 21 7.3 -0.4
IVE iShares S&P 500 Value ETF 41.8 18 7 7.1 -0.5
RAFE PIMCO RAFI ESG U.S. ETF 40.6 29 -4 7.6 -0.0
DGRO iShares Core Dividend Growth ETF 40.5 8 17 6.6 -1.1
EQWL Invesco Russell Top 200 Equal Weight ETF 40.3 25 0 6.2 -1.5
OUSA O'Shares FTSE US Quality Dividend ETF 40.3 48 -23 5.8 -1.9
REVS Columbia Research Enhanced Value ETF 39.9 19 6 7.7 +0.1
DTD WisdomTree U.S.Total Dividend Fund 39.3 28 -3 6.6 -1.0
DIVB iShares U.S. Dividend & Buyback ETF 39.3 25 0 6.8 -0.9
IUSV iShares Core S&P U.S. Value ETF 39.0 4 21 7.4 -0.3
FMK First Trust Mega Cap AlphaDEX Fund 38.3 70 -45 4.5 -3.1
FDRR Fidelity Dividend ETF for Rising Rates 37.8 29 -4 6.7 -0.9
HDV iShares Core High Dividend ETF 37.6 8 17 7.2 -0.4
DHS WisdomTree U.S. High Dividend Fund 37.0 38 -13 8.7 +1.1
IWD iShares Russell 1000 Value ETF 36.6 19 6 6.8 -0.8
VONV Vanguard Russell 1000 Value Index Fund 36.5 8 17 6.9 -0.7
SCHV Schwab U.S. Large-Cap Value ETF 36.3 4 21 6.8 -0.9
FNDX Schwab Fundamental U.S. Large Co. Index ETF 33.8 25 0 6.6 -1.0
PFM Invesco Dividend Achievers ETF 33.6 53 -28 5.3 -2.4
QDEF FlexShares Quality Dividend Defensive Index Fund 33.5 37 -12 5.9 -1.7
PRF Invesco FTSE RAFI US 1000 ETF 33.2 39 -14 6.7 -1.0
EPS WisdomTree U.S. Earnings 500 Fund 33.1 8 17 6.3 -1.3
FLV American Century Focused Large Cap Value ETF 32.8 42 -17 6.4 -1.3
VLU SPDR S&P 1500 Value Tilt ETF 32.6 12 13 7.3 -0.4
EDOW First Trust Dow 30 Equal Weight ETF 32.2 50 -25 5.7 -1.9
DEW WisdomTree Global High Dividend Fund 31.9 58 -33 9.7 +2.0
DJD Invesco Dow Jones Industrial Average Dividend ETF 31.7 7 18 7.2 -0.5
RWL Invesco S&P 500 Revenue ETF 31.2 39 -14 7.1 -0.5
FNDB Schwab Fundamental U.S. Broad Market Index ETF 31.1 25 0 6.7 -1.0
SPQQ Siren Large Cap Blend Index ETF 30.9 20 5 4.8 -2.9
FDVV Fidelity Core Dividend ETF 30.0 29 -4 7.0 -0.6
GBLO Global Beta Low Beta ETF 29.8 29 -4 7.3 -0.4
NACP Impact Shares NAACP Minority Empowerment ETF 29.4 75 -50 4.7 -2.9
QDF FlexShares Quality Dividend Index Fund 29.1 37 -12 5.9 -1.8
DTN WisdomTree U.S. Dividend ex-Financials Fund 28.6 38 -13 8.0 +0.3
FDL First Trust Morningstar Dividend Leaders Index Fund 28.0 45 -20 10.2 +2.6
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 28.0 35 -10 8.7 +1.0
SPXT ProShares S&P 500 Ex-Technology ETF 27.3 27 -2 5.5 -2.2
FTA First Trust Large Cap Value AlphaDEX Fund 27.3 60 -35 9.0 +1.3
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 27.3 12 13 4.7 -2.9
OEF iShares S&P 100 ETF 27.2 20 5 4.7 -3.0
IUS Invesco Strategic US ETF 27.1 19 6 6.4 -1.3
RNDV US Equity Dividend Select ETF 27.0 50 -25 7.8 +0.2
FVAL Fidelity Value Factor ETF 26.9 29 -4 7.7 0.0
JVAL JPMorgan U.S. Value Factor ETF 26.8 12 13 8.3 +0.6
QDYN FlexShares Quality Dividend Dynamic Index Fund 26.6 37 -12 6.0 -1.7
TTFS AdvisorShares Wilshire Buyback ETF 26.2 91 -66 6.1 -1.5
SYV SPDR MFS Systematic Value Equity ETF 26.2 60 -35 7.3 -0.3
CCOR Core Alternative ETF 26.1 109 -84 4.6 -3.1
IWL iShares Russell Top 200 ETF 25.8 15 10 4.8 -2.8
VLUE iShares MSCI USA Value Factor ETF 25.8 15 10 11.4 +3.8
QVM Arrow QVM Equity Factor ETF 25.8 65 -40 5.4 -2.3
QUS SPDR MSCI USA StrategicFactors ETF 25.6 15 10 5.8 -1.9
BKLC BNY Mellon US Large Cap Core Equity ETF 25.6 0 25 5.0 -2.7
ESG FlexShares STOXX US ESG Impact Index Fund 25.5 32 -7 5.0 -2.7
DGRW WisdomTree U.S. Quality Dividend Growth Fund 25.5 28 -3 6.4 -1.3
DURA VanEck Vectors Morningstar Durable Dividend ETF 25.4 29 -4 8.5 +0.9
MGC Vanguard Mega Cap Index Fund 25.3 7 18 5.0 -2.6
DIA SPDR Dow Jones Industrial Average ETF Trust 25.3 16 9 5.4 -2.3
NULV Nuveen ESG Large-Cap Value ETF 25.3 35 -10 7.2 -0.5
QLC FlexShares US Quality Large Cap Index Fund 24.8 32 -7 5.1 -2.6
RECS Columbia Research Enhanced Core ETF 24.3 15 10 5.5 -2.1
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 23.9 35 -10 8.8 +1.1
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 23.7 30 -5 9.2 +1.5
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 23.4 75 -50 5.4 -2.3
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 23.3 15 10 6.7 -1.0
HSPX Global X S&P 500 Covered Call ETF 23.3 60 -35 4.8 -2.8
HLAL Wahed FTSE USA Shariah ETF 23.2 50 -25 4.4 -3.3
RFDA RiverFront Dynamic US Dividend Advantage ETF 23.2 52 -27 5.0 -2.7
FUNL CornerCap Fundametrics Large-Cap ETF 23.1 50 -25 8.2 +0.5
SDOG ALPS Sector Dividend Dogs ETF 23.0 40 -15 9.7 +2.0
VETS Pacer Military Times Best Employers ETF 23.0 60 -35 6.9 -0.7
DVY iShares Select Dividend ETF 23.0 39 -14 9.2 +1.6
VALQ American Century STOXX U.S. Quality Value ETF 22.9 29 -4 8.9 +1.2
VSMV VictoryShares US Multi-Factor Minimum Volatility ETF 22.9 35 -10 7.1 -0.5
FVD First Trust Value Line Dividend Index Fund 22.6 70 -45 6.1 -1.5
PBP Invesco S&P 500 BuyWrite ETF 22.6 49 -24 4.8 -2.8
SPXV ProShares S&P 500 Ex-Health Care ETF 22.5 27 -2 4.9 -2.8
SPVU Invesco S&P 500 Enhanced Value ETF 22.5 13 12 11.6 +3.9
XYLG Global X S&P 500 Covered Call & Growth ETF 22.5 60 -35 4.9 -2.8
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 22.4 20 5 4.8 -2.9
SPVM Invesco S&P 500 Value with Momentum ETF 22.4 39 -14 8.7 +1.1
VFVA Vanguard U.S. Value Factor ETF 22.2 14 11 10.8 +3.2
SPY SPDR S&P 500 ETF Trust 22.2 9 16 5.2 -2.5
SPLG SPDR Portfolio Large Cap ETF 22.2 3 22 5.2 -2.4
IVV iShares Core S&P 500 ETF 22.2 3 22 5.2 -2.4
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 22.1 19 6 6.0 -1.7
VIG Vanguard Dividend Appreciation Index Fund 22.1 6 19 5.2 -2.5
DIVO Amplify YieldShares CWP Dividend & Option Income ETF 21.8 49 -24 4.4 -3.3
VOO VANGUARD S&P 500 ETF 21.8 3 22 5.3 -2.4
FLLV Franklin Liberty U.S. Low Volatility ETF 21.7 29 -4 5.4 -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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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 14.6 %
Divided by: Fwd. P/BV 1.8 x
Less: Expense ratio 25 bp
Equals: ALTAR Score 7.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.54 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.