iShares JPX-Nikkei 400 ETF
ALTAR
Score™
7.5% info Recommen-
dation
NEUTRAL
2024E    2025E
P/E
ratio
14.8x P/Sales
ratio
0.8x
P/BV
ratio
1.3x Div.
yield
2.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares JPX-Nikkei 400 ETF tracks the investment results of a broad-based benchmark composed of Japanese equities that have been selected based on perceived shareholder-friendly activities.

FUND BASICS
Category International Equities
Fund Sponsor Barclays Global Fund Advisors
Website www.ishares.com
Inception date Oct 23, 2001
Assets (mns) $90
Currency USD
Expense ratio 48 bp
Distributions Semi-Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian State Street Bank & Trust
Weighting Market Cap
Index replication n/a
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 391
Wgt avg mkt cap (mns) $40,770
Large cap (>$10bn) 73.1%
Mid cap ($2-10bn) 23.3%
Small cap (<$2bn) 3.6%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
HITACHI LTD 2.4 %
RECRUIT HOLDINGS CO LTD 2.3 %
TOKYO ELECTRON LTD 2.1 %
SUMITOMO MITSUI FINANCIAL GR 2.1 %
TOKIO MARINE HOLDINGS INC 2.0 %
MITSUBISHI UFJ FINANCIAL GRO 2.0 %
SOFTBANK GROUP CORP. 1.9 %
ITOCHU CORP 1.9 %
MITSUBISHI CORP 1.8 %
MITSUI & CO LTD 1.8 %
Total 20.3 %

TOP COUNTRY EXPOSURE
JAPAN 99.8 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
3.8% 9.0% 5.8% 4.9% 4.5%

Market Correlations
versus... Beta R-squared
S&P500 0.69 62%
MSCI EAFE 0.80 79%
MSCI Emg. Mkts. 0.73 66%

Technical Indicators
Recent close $75.16
30d moving avg. $73.00
Annualized volatility 15.8%
Short interest (ETF) 0.2%
Relative strength (RSI) 50

Liquidity measures
Avg. volume (thou.) 5
Turnover 0.4%
Bid/Ask (% of price) 0.17%
ADV underlying (mns) $21,051

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 370 potential alternatives to the iShares JPX-Nikkei 400 ETF ETF based on the alternatives' overlap in portfolio holdings with JPXN. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: JPXN Expense: 48 bp ALTAR Score™: 7.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH JPXN
Ticker Fund
Name
Overlap1
vs JPXN
(%)
Expense
ratio
(bp)
Savings
vs JPXN
(bp)
ALTAR
Score™
(%)
ALTAR
vs JPXN
(%)
EWJ iShares MSCI Japan ETF 82.7 50 -2 6.7 -0.7
BBJP JPMorgan BetaBuilders Japan ETF 82.7 19 29 6.6 -0.8
DBJP Xtrackers MSCI Japan Hedged Equity ETF 80.5 47 1 6.3 -1.1
FLJP Franklin FTSE Japan ETF 79.8 9 39 6.7 -0.8
FLJH Franklin FTSE Japan Hedged ETF 79.0 9 39 6.8 -0.7
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 73.0 25 23 7.4 -0.1
DXJ WisdomTree Japan Hedged Equity Fund 60.3 48 0 7.5 +0.1
IPAC iShares Core MSCI Pacific ETF 55.2 9 39 6.6 -0.9
EWJV iShares MSCI Japan Value ETF 52.2 15 33 8.3 +0.9
VPL Vanguard FTSE Pacific ETF 46.5 8 40 6.7 -0.8
IDMO Invesco S&P International Developed Momentum ETF 46.0 25 23 7.2 -0.2
IMTM iShares MSCI Intl Momentum Factor ETF 38.7 30 18 6.2 -1.2
FJP First Trust Japan AlphaDEX Fund 27.8 80 -32 10.3 +2.8
IVLU iShares MSCI Intl Value Factor ETF 27.8 30 18 10.8 +3.3
CEFA Global X S&P Catholic Values Developed ex-US ETF 23.8 35 13 6.0 -1.5
FNDF Schwab Fundamental International Large Co. Index ETF 22.7 25 23 9.0 +1.6
DMXF iShares ESG Advanced MSCI EAFE ETF 22.6 12 36 4.9 -2.5
EFG iShares MSCI EAFE Growth ETF 22.4 36 12 4.1 -3.4
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 22.3 14 34 5.6 -1.9
IQIN IQ 500 International ETF 21.9 25 23 8.6 +1.1
GSID Goldman Sachs MarketBeta International Equity ETF 21.9 20 28 6.4 -1.0
ESGD iShares ESG Aware MSCI EAFE ETF 21.8 20 28 6.2 -1.2
DIVI Franklin International Core Dividend Tilt Index ETF 21.8 9 39 7.4 -0.1
EFA iShares MSCI EAFE ETF 21.4 35 13 6.3 -1.2
JHMD John Hancock Multifactor Developed International ETF 21.3 39 9 7.2 -0.2
HFXI IQ FTSE International Equity Currency Neutral ETF 21.3 20 28 6.6 -0.9
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 21.3 20 28 5.9 -1.6
IQSI IQ Candriam International Equity ETF 21.2 15 33 6.2 -1.3
VIGI Vanguard International Dividend Appreciation ETF 21.1 15 33 5.6 -1.8
ISZE iShares MSCI Intl Size Factor ETF 20.6 30 18 6.6 -0.9
UIVM VictoryShares International Value Momentum ETF 20.6 35 13 10.2 +2.8
JIRE JPMorgan International Research Enhanced Equity ETF 20.5 24 24 6.6 -0.9
EFV iShares MSCI EAFE Value ETF 20.4 34 14 8.8 +1.3
FDT First Trust Developed Markets ex-US AlphaDEX Fund 20.4 80 -32 7.8 +0.3
IEFA iShares Core MSCI EAFE ETF 20.3 7 41 6.5 -0.9
FENI Fidelity Enhanced International ETF 19.8 28 20 7.8 +0.3
DIHP Dimensional International High Profitability ETF 19.8 29 19 7.1 -0.3
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 19.6 36 12 6.3 -1.2
BKIE BNY Mellon International Equity ETF 19.5 4 44 6.7 -0.8
QEFA SPDR MSCI EAFE StrategicFactors ETF 19.5 30 18 6.6 -0.9
RFDI First Trust Riverfront Dynamic Developed International ETF 19.4 83 -35 8.6 +1.1
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 19.4 24 24 8.2 +0.7
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 19.3 45 3 8.4 +1.0
IGRO iShares International Dividend Growth ETF 19.0 15 33 7.1 -0.4
SCHF Schwab International Equity ETF 18.9 6 42 6.9 -0.5
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 18.8 39 9 7.1 -0.4
SPDW SPDR Portfolio Developed World ex-US ETF 18.7 3 45 6.6 -0.8
DFIV Dimensional International Value ETF 18.3 27 21 9.6 +2.2
IDEV iShares Core MSCI International Developed Markets ETF 18.3 4 44 6.6 -0.8
GSIE Goldman Sachs ActiveBeta International Equity ETF 18.0 25 23 6.9 -0.6
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 17.7 51 -3 6.6 -0.8
DFAI Dimensional International Core Equity Market ETF 17.7 18 30 6.8 -0.7
CIL VictoryShares International Volatility Wtd ETF 17.7 45 3 6.7 -0.8
FIVA Fidelity International Value Factor ETF 17.6 18 30 9.6 +2.2
JPIN J.P. Morgan Diversified Return International Equity ETF 17.5 37 11 8.3 +0.8
NUDM Nuveen ESG International Developed Markets Equity ETF 17.2 31 17 6.1 -1.4
TPIF Timothy Plan International ETF 17.2 62 -14 6.4 -1.1
VEA Vanguard FTSE Developed Markets ETF 16.9 5 43 6.7 -0.8
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 16.8 20 28 6.6 -0.9
INTF iShares International Equity Factor ETF 16.7 15 33 7.7 +0.3
EFAV iShares MSCI EAFE Min Vol Factor ETF 16.3 22 26 5.9 -1.5
DIM WisdomTree International MidCap Dividend Fund 16.3 58 -10 7.4 -0.0
QINT American Century Quality Diversified International ETF 16.1 39 9 7.4 -0.0
DWM WisdomTree International Equity Fund 15.8 48 0 7.6 +0.2
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 15.8 40 8 7.7 +0.3
DFSI Dimensional International Sustainability Core 1 ETF 15.7 24 24 6.0 -1.5
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 15.6 65 -17 5.5 -2.0
DOL WisdomTree International LargeCap Dividend Fund 14.9 48 0 7.6 +0.1
DFIC Dimensional International Core Equity 2 ETF 14.8 23 25 7.3 -0.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 14.2 39 9 7.5 +0.0
CWI SPDR MSCI ACWI ex-US ETF 13.7 30 18 6.5 -1.0
VSGX Vanguard ESG International Stock ETF 13.7 12 36 6.3 -1.2
VEU Vanguard FTSE All-World ex-US Index Fund 13.6 8 40 6.7 -0.7
JIG JPMorgan International Growth ETF 13.6 55 -7 4.0 -3.5
AVDE Avantis International Equity ETF 13.6 23 25 7.6 +0.1
ACWX iShares MSCI ACWI ex U.S. ETF 13.6 34 14 6.5 -1.0
IMFL Invesco International Developed Dynamic Multifactor ETF 13.2 34 14 10.4 +3.0
FDEV Fidelity International Multifactor ETF 13.2 18 30 7.3 -0.2
EXI iShares Global Industrials ETF 12.9 42 6 4.8 -2.7
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 12.8 41 7 6.4 -1.0
IXUS iShares Core MSCI Total International Stock ETF 12.7 7 41 6.8 -0.7
IQDG WisdomTree International Quality Dividend Growth Fund 12.6 42 6 5.9 -1.6
IQLT iShares MSCI Intl Quality Factor ETF 12.6 30 18 5.7 -1.8
VXUS Vanguard Total International Stock ETF 12.5 7 41 6.7 -0.8
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 12.5 58 -10 5.8 -1.7
VYMI Vanguard International High Dividend Yield ETF 12.4 22 26 9.4 +1.9
AVIV Avantis International Large Cap Value ETF 12.3 25 23 8.6 +1.1
IQDY FlexShares International Quality Dividend Dynamic Index Fund 12.0 47 1 8.6 +1.2
JHID John Hancock International High Dividend ETF 11.9 46 2 10.8 +3.3
UMMA Wahed Dow Jones Islamic World ETF 11.7 65 -17 4.2 -3.2
IDHQ Invesco S&P International Developed High Quality ETF 11.6 29 19 5.9 -1.5
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 11.0 32 16 5.7 -1.8
RODM Hartford Multifactor Developed Markets (ex-US) ETF 10.9 29 19 8.5 +1.1
RODE Hartford Multifactor Diversified International ETF 10.9 29 19 11.3 +3.8
FIDI Fidelity International High Dividend ETF 10.9 18 30 10.2 +2.8
IQDF FlexShares International Quality Dividend Index Fund 10.6 47 1 8.6 +1.1
SCJ iShares MSCI Japan Small-Cap ETF 10.2 50 -2 6.3 -1.2
DFAX Dimensional World ex U.S. Core Equity 2 ETF 10.1 30 18 7.6 +0.1
SCZ iShares MSCI EAFE Small-Cap ETF 10.0 40 8 6.1 -1.4
DWMF WisdomTree International Multifactor Fund 10.0 38 10 7.3 -0.1
VWID Virtus WMC International Dividend ETF 9.7 49 -1 9.2 +1.7
IQDE FlexShares International Quality Dividend Defensive Index ET 9.5 47 1 8.0 +0.5
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 9.0 68 -20 8.0 +0.5
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 8.9 80 -32 5.2 -2.3
DGT SPDR Global Dow ETF 8.8 50 -2 6.5 -1.0
DSTX Distillate International Fundamental Stability & Value ETF 8.7 55 -7 8.4 +0.9
CGXU Capital Group International Focus Equity ETF 8.7 54 -6 4.8 -2.7
KLDW Knowledge Leaders Developed World ETF 8.5 75 -27 4.8 -2.7
RXI iShares Global Consumer Discretionary ETF 8.4 41 7 5.5 -2.0
CLNR IQ Cleaner Transport ETF 8.3 45 3 5.9 -1.6
BULD Pacer BlueStar Engineering the Future ETF 8.1 60 -12 1.1 -6.4
EFAD ProShares MSCI EAFE Dividend Growers ETF 8.1 50 -2 4.9 -2.5
ACWV iShares MSCI Global Min Vol Factor ETF 7.7 20 28 6.2 -1.2
NXTG First Trust Indxx NextG ETF 7.4 70 -22 5.6 -1.9
FNDC Schwab Fundamental International Small Co. Index ETF 7.4 39 9 6.9 -0.6
WRND IQ Global Equity R&D Leaders ETF 7.2 18 30 6.7 -0.7
ESGG FlexShares STOXX Global ESG Select Index Fund 6.8 42 6 5.0 -2.4
IXP iShares Global Comm Services ETF 6.8 42 6 5.0 -2.4
GCOW Pacer Global Cash Cows Dividend ETF 6.7 60 -12 12.2 +4.7
IMOM Alpha Architect International Quantitative Momentum ETF 6.6 49 -1 7.0 -0.5
QWLD SPDR MSCI World StrategicFactors ETF 6.6 30 18 5.8 -1.7
AIVI WisdomTree International AI Enhanced Value Fund 6.5 58 -10 7.9 +0.4
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 6.5 80 -32 3.3 -4.2
WLDR Affinity World Leaders Equity ETF 6.5 67 -19 8.2 +0.7
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 6.4 49 -1 6.3 -1.1
ICOW Pacer Developed Markets International Cash Cows 100 ETF 6.4 65 -17 12.0 +4.5
DRIV Global X Autonomous & Electric Vehicles ETF 6.3 68 -20 5.2 -2.3
WWJD Inspire International ETF 6.3 80 -32 6.8 -0.7
BKCI BNY Mellon Concentrated International ETF 6.2 80 -32 3.7 -3.8
EQIN Columbia US Equity Income ETF 6.1 35 13 8.5 +1.0
IBOT Vaneck Robotics ETF 6.0 47 1 3.4 -4.0
QTUM Defiance Quantum ETF 5.9 40 8 4.0 -3.4
DWX SPDR S&P International Dividend ETF 5.8 45 3 6.7 -0.8
OSEA Harbor International Compounders ETF 5.7 55 -7 3.7 -3.8
DTH WisdomTree International High Dividend Fund 5.7 58 -10 9.9 +2.4
IVAL Alpha Architect International Quantitative Value ETF 5.7 49 -1 9.9 +2.4
FBOT Fidelity Disruptive Automation ETF 5.5 50 -2 3.4 -4.0
IXG iShares Global Financials ETF 5.4 42 6 6.6 -0.8
URTH iShares MSCI World ETF 5.4 24 24 5.2 -2.3
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 5.3 42 6 7.0 -0.5
GTEK Goldman Sachs Future Tech Leaders Equity ETF 5.3 75 -27 2.8 -4.7
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 5.2 25 23 5.7 -1.8
ROBO ROBO Global Robotics & Automation Index ETF 5.1 95 -47 3.1 -4.4
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 5.1 47 1 5.6 -1.8
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 5.1 65 -17 1.2 -6.3
LVHI Franklin International Low Volatility High Dividend Index ET 5.1 40 8 10.3 +2.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 4.9 9 39 5.5 -2.0
ACWI iShares MSCI ACWI ETF 4.8 32 16 5.3 -2.2
VT Vanguard Total World Stock ETF 4.8 7 41 5.6 -1.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 4.7 20 28 5.1 -2.4
CARZ First Trust NASDAQ Global Auto Index Fund 4.7 70 -22 2.6 -4.9
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 4.6 9 39 9.4 +2.0
KXI iShares Global Consumer Staples ETF 4.5 41 7 5.6 -1.9
GLOF iShares Global Equity Factor ETF 4.5 20 28 6.9 -0.5
JSTC Adasina Social Justice All Cap Global ETF 4.5 89 -41 4.9 -2.6
SXUS Janus Henderson International Sustainable Equity ETF 4.5 60 -12 3.9 -3.6
BINV Brandes International ETF 4.4 70 -22 8.1 +0.6
BTEK Future Tech ETF 4.3 88 -40 1.9 -5.5
IPKW Invesco International BuyBack Achievers ETF 4.3 55 -7 9.4 +1.9
IXJ iShares Global Healthcare ETF 4.1 42 6 5.9 -1.6
WBAT WisdomTree Battery Value Chain and Innovation Fund 4.0 45 3 -0.5 -7.9
DINT Davis Select International ETF 4.0 55 -7 5.9 -1.6
XT iShares Exponential Technologies ETF 3.9 46 2 4.5 -3.0
FID First Trust S&P International Dividend Aristocrats ETF 3.9 60 -12 9.4 +2.0
MXI iShares Global Materials ETF 3.8 41 7 6.6 -0.8
IDLV Invesco S&P International Developed Low Volatility ETF 3.8 25 23 5.8 -1.6
CID VictoryShares International High Div Volatility Wtd ETF 3.7 45 3 8.9 +1.5
TEMP JPMorgan Climate Change Solutions ETF 3.7 49 -1 5.1 -2.4
WDIV SPDR S&P Global Dividend ETF 3.6 40 8 9.7 +2.3
KOCG FIS Knights of Columbus Global Belief ETF 3.5 75 -27 5.2 -2.3
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 3.5 20 28 10.1 +2.6
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 3.5 75 -27 4.8 -2.6
BOTZ Global X Robotics & Artificial Intelligence ETF 3.4 69 -21 2.3 -5.2
ARVR First Trust Indxx Metaverse ETF 3.4 70 -22 1.5 -5.9
BNGE First Trust S-Network Streaming and Gaming ETF 3.4 70 -22 -2.1 -9.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.4 12 36 4.7 -2.8
BLES Inspire Global Hope ETF 3.4 61 -13 6.3 -1.2
RAYD Rayliant Quantitative Developed Market Equity ETF 3.4 80 -32 4.3 -3.2
IXN iShares Global Tech ETF 3.3 41 7 3.9 -3.5
KNCT Invesco Next Gen Connectivity ETF 3.3 40 8 5.2 -2.2
NTZG Nuveen Global Net Zero Transition ETF 3.2 56 -8 4.6 -2.9
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 3.1 47 1 1.8 -5.6
GINN Goldman Sachs Innovate Equity ETF 3.1 52 -4 2.6 -4.8
URA Global X Uranium ETF 3.1 69 -21 2.7 -4.8
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 3.1 68 -20 4.1 -3.3
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 3.1 58 -10 7.2 -0.2
DFJ WisdomTree Japan SmallCap Dividend Fund 3.0 58 -10 7.2 -0.2
SDG iShares MSCI Global Sustainable Development Goals ETF 3.0 49 -1 5.5 -2.0
BNE Blue Horizon BNE ETF 3.0 87 -39 4.9 -2.6
SCHY Schwab International Dividend Equity ETF 3.0 14 34 9.0 +1.5
METV Roundhill Ball Metaverse ETF 2.9 59 -11 3.1 -4.3
IGPT Invesco AI and Next Gen Software ETF 2.8 60 -12 3.7 -3.7
DFIS Dimensional International Small Cap ETF 2.8 39 9 6.3 -1.2
DLS WisdomTree International SmallCap Dividend Fund 2.7 58 -10 8.3 +0.9
TTAI FCF International Quality ETF 2.7 59 -11 6.4 -1.1
FYLD Cambria Foreign Shareholder Yield ETF 2.7 59 -11 11.9 +4.4
NERD Roundhill Video Games ETF 2.7 50 -2 6.8 -0.7
DMDV AAM S&P Developed Markets High Dividend Value ETF 2.6 39 9 12.9 +5.5
MDEV First Trust Indxx Medical Devices ETF 2.6 70 -22 4.2 -3.2
VNQI Vanguard Global ex-U.S. Real Estate ETF 2.5 12 36 7.9 +0.4
WPS iShares International Developed Property ETF 2.5 48 0 6.8 -0.6
ESPO VanEck Video Gaming and eSports ETF 2.5 56 -8 3.9 -3.5
ODDS Pacer BlueStar Digital Entertainment ETF 2.5 60 -12 2.2 -5.3
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 2.5 45 3 5.8 -1.7
GGME Invesco Next Gen Media and Gaming ETF 2.5 60 -12 3.6 -3.9
HERO Global X Video Games & Esports ETF 2.3 50 -2 4.1 -3.4
FPXI First Trust International Equity Opportunities ETF 2.3 70 -22 3.8 -3.7
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 2.2 10 38 7.5 +0.0
IDOG ALPS International Sector Dividend Dogs ETF 2.2 50 -2 11.3 +3.9
IOO iShares Global 100 ETF 2.2 41 7 4.6 -2.9
CANC Tema Oncology ETF 2.2 75 -27 -4.2 -11.7
MINV Matthews Asia Innovators Active ETF 2.2 79 -31 0.8 -6.6
GQRE FlexShares Global Quality Real Estate Index Fund 2.1 45 3 6.5 -1.0
DTEC ALPS Disruptive Technologies ETF 2.1 50 -2 3.1 -4.4
SHPP Pacer Industrials and Logistics ETF 2.0 60 -12 8.4 +1.0
CGGO Capital Group Global Growth Equity ETF 2.0 47 1 4.4 -3.0
JGLO JPMorgan Global Select Equity ETF 2.0 33 15 4.3 -3.2
AGQI First Trust Active Global Quality Income ETF 2.0 85 -37 5.2 -2.3
GDVD R3 Global Dividend Growth ETF 2.0 88 -40 5.5 -2.0
FDTX Fidelity Disruptive Technology ETF 1.9 50 -2 2.7 -4.8
PSP Invesco Global Listed Private Equity ETF 1.9 106 -58 8.0 +0.6
AVDV Avantis International Small Cap Value ETF 1.9 36 12 7.5 +0.1
ANEW ProShares MSCI Transformational Changes ETF 1.9 45 3 3.5 -4.0
IWFH iShares Virtual Work and Life Multisector ETF 1.9 47 1 -4.2 -11.6
GWX SPDR S&P International Small Cap ETF 1.8 40 8 6.0 -1.4
GSFP Goldman Sachs Future Planet Equity ETF 1.8 75 -27 4.3 -3.1
IFGL iShares International Developed Real Estate ETF 1.8 48 0 6.5 -1.0
ERET iShares Environmentally Aware Real Estate ETF 1.8 30 18 6.7 -0.7
ISCF iShares International SmallCap Equity Factor ETF 1.8 23 25 8.6 +1.1
FPAG FPA Global Equity ETF 1.8 49 -1 5.2 -2.2
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.7 65 -17 8.0 +0.6
HYDR Global X Hydrogen ETF 1.7 50 -2 -13.3 -20.7
AGNG Global X Aging Population ETF 1.7 50 -2 3.9 -3.6
FIXT Procure Disaster Recovery Strategy ETF 1.6 75 -27 6.0 -1.5
FAN First Trust Global Wind Energy ETF 1.6 60 -12 5.1 -2.3
TMFG Motley Fool Global Opportunities ETF 1.6 85 -37 3.3 -4.2
IQM Franklin Intelligent Machines ETF 1.5 50 -2 3.1 -4.3
SCHC Schwab International Small-Cap Equity ETF 1.5 11 37 6.1 -1.4
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 1.5 7 41 6.2 -1.3
DEW WisdomTree Global High Dividend Fund 1.5 58 -10 8.8 +1.3
IVRS iShares Future Metaverse Tech and Communications ETF 1.4 47 1 -3.7 -11.1
GDOC Goldman Sachs Future Health Care Equity ETF 1.4 75 -27 3.3 -4.2
MOTO SmartETFs Smart Transportation & Technology ETF 1.4 68 -20 6.5 -0.9
ION ProShares S&P Global Core Battery Metals ETF 1.4 58 -10 11.7 +4.3
IWTR iShares MSCI Water Management Multisector ETF 1.4 47 1 4.8 -2.7
AIQ Global X Artificial Intelligence & Technology ETF 1.3 68 -20 3.7 -3.8
IDNA iShares Genomics Immunology and Healthcare ETF 1.3 47 1 -4.2 -11.6
HAP VanEck Natural Resources ETF 1.3 50 -2 9.8 +2.4
BECO BlackRock Future Climate and Sustainable Economy ETF 1.2 70 -22 12.5 +5.1
EV Mast Global Battery Recycling & Production ETF 1.2 65 -17 12.3 +4.8
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 1.2 80 -32 9.1 +1.6
CGV Conductor Global Equity Value ETF 1.2 130 -82 10.3 +2.8
IDAT iShares Future Cloud 5G and Tech ETF 1.2 47 1 4.0 -3.5
PICK iShares MSCI Global Metals & Mining Producers ETF 1.2 39 9 11.9 +4.4
LIT Global X Lithium & Battery Tech ETF 1.1 75 -27 13.0 +5.6
FILL iShares MSCI Global Energy Producers ETF 1.1 39 9 9.9 +2.5
MOTG VanEck Morningstar Global Wide Moat ETF 1.1 52 -4 5.7 -1.8
EFAS Global X MSCI SuperDividend EAFE ETF 1.1 57 -9 9.7 +2.3
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.0 72 -24 0.1 -7.4
JXI iShares Global Utilities ETF 1.0 43 5 6.3 -1.1
FDVV Fidelity High Dividend ETF 1.0 15 33 8.9 +1.4
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.0 58 -10 4.4 -3.0
WDNA WisdomTree BioRevolution Fund 0.9 45 3 -3.8 -11.2
CRTC Xtrackers US National Critical Technologies ETF 0.9 35 13 5.2 -2.3
BATT Amplify Lithium & Battery Technology ETF 0.9 59 -11 0.5 -7.0
IXC iShares Global Energy ETF 0.8 44 4 9.1 +1.7
RWO SPDR Dow Jones Global Real Estate ETF 0.8 50 -2 6.3 -1.2
RWX SPDR Dow Jones International Real Estate ETF 0.8 59 -11 6.5 -1.0
HJEN Direxion Hydrogen ETF 0.8 45 3 -6.4 -13.9
FDRR Fidelity Dividend ETF for Rising Rates 0.8 15 33 7.5 +0.1
SEA U.S. Global Sea to Sky Cargo ETF 0.8 60 -12 17.1 +9.6
ARKX ARK Space Exploration & Innovation ETF 0.8 75 -27 2.1 -5.3
DISV Dimensional International Small Cap Value ETF 0.8 42 6 8.6 +1.1
MOTI VanEck Morningstar International Moat ETF 0.8 58 -10 6.0 -1.4
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.8 56 -8 13.6 +6.1
GNR SPDR S&P Global Natural Resources ETF 0.7 40 8 9.6 +2.2
SAGP Strategas Global Policy Opportunities ETF 0.7 65 -17 5.3 -2.1
WTAI WisdomTree Artificial Intelligence and Innovation Fund 0.7 45 3 2.9 -4.6
CRAK VanEck Oil Refiners ETF 0.7 61 -13 13.7 +6.3
IDRV iShares Self-driving EV & Tech ETF 0.7 47 1 -0.4 -7.9
FTAG First Trust Indxx Global Agriculture ETF 0.7 70 -22 9.4 +1.9
SNSR Global X Internet of Things ETF 0.7 68 -20 3.9 -3.5
FDCF Fidelity Disruptive Communications ETF 0.7 50 -2 2.5 -5.0
IBLC iShares Blockchain and Tech ETF 0.6 47 1 -0.9 -8.4
CHAT Roundhill Generative AI & Technology ETF 0.6 75 -27 3.5 -3.9
OCEN IQ Clean Oceans ETF 0.6 45 3 5.4 -2.1
BOAT SonicShares Global Shipping ETF 0.6 69 -21 29.6 +22.1
TINT ProShares Smart Materials ETF 0.6 58 -10 5.4 -2.1
IQRA IQ CBRE Real Assets ETF 0.6 65 -17 5.5 -2.0
FDNI First Trust Dow Jones International Internet ETF 0.5 65 -17 2.7 -4.7
MOO VanEck Agribusiness ETF 0.5 53 -5 9.8 +2.3
HTEC ROBO Global Healthcare Technology and Innovation ETF 0.5 68 -20 0.3 -7.1
OND ProShares On-Demand ETF 0.5 58 -10 -2.1 -9.5
VEGI iShares MSCI Agriculture Producers ETF 0.5 39 9 9.6 +2.2
HART IQ Healthy Hearts ETF 0.5 45 3 5.2 -2.3
BLOK Amplify Transformational Data Sharing ETF 0.5 75 -27 0.9 -6.5
EFRA iShares Environmental Infrastructure and Industrials ETF 0.5 47 1 5.0 -2.4
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.4 46 2 9.1 +1.6
EATV VegTech Plant-based Innovation & Climate ETF 0.4 75 -27 3.5 -3.9
KROP Global X AgTech & Food Innovation ETF 0.4 50 -2 4.8 -2.7
IVEG iShares Emergent Food and AgTech Multisector ETF 0.4 47 1 8.4 +1.0
MVPS Amplify Thematic All-Stars ETF 0.4 49 -1 2.8 -4.7
ERTH Invesco MSCI Sustainable Future ETF 0.4 62 -14 3.2 -4.3
SUPL ProShares Supply Chain Logistics ETF 0.4 58 -10 14.0 +6.6
FTRI First Trust Indxx Global Natural Resources Income ETF 0.4 70 -22 9.7 +2.2
HDRO Defiance Next Gen H2 ETF 0.4 30 18 -12.1 -19.5
LNGG Roundhill Alerian LNG ETF 0.4 65 -17 8.2 +0.7
BCDF Horizon Kinetics Blockchain Development ETF 0.3 85 -37 5.0 -2.5
PIO Invesco Global Water ETF 0.3 75 -27 5.7 -1.7
LUXX Roundhill S&P Global Luxury ETF 0.3 45 3 2.8 -4.6
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.3 85 -37 4.5 -2.9
STCE Schwab Crypto Thematic ETF 0.3 30 18 2.1 -5.3
ETEC iShares Breakthrough Environmental Solutions ETF 0.3 47 1 7.5 +0.1
CGUS Capital Group Core Equity ETF 0.3 33 15 4.5 -2.9
SOCL Global X Social Media ETF 0.3 65 -17 -5.7 -13.2
AZTD Aztlan Global Stock Selection DM SMID ETF 0.3 75 -27 4.3 -3.2
MRAD SmartETFs Advertising & Marketing Technology ETF 0.3 68 -20 5.5 -1.9
ICLN iShares Global Clean Energy ETF 0.2 41 7 4.6 -2.8
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.2 86 -38 1.8 -5.6
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 0.2 86 -38 1.5 -5.9
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.2 60 -12 0.4 -7.0
FMET Fidelity Metaverse ETF 0.2 39 9 4.7 -2.7
FICS First Trust International Developed Capital Strength ETF 0.2 70 -22 4.2 -3.3
WOOD iShares Global Timber & Forestry ETF 0.2 42 6 9.6 +2.1
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 0.2 61 -13 2.7 -4.8
SATO Invesco Alerian Galaxy Crypto Economy ETF 0.2 61 -13 -1.1 -8.5
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.2 46 2 5.4 -2.1
TINY ProShares Nanotechnology ETF 0.2 58 -10 1.2 -6.3
TRFK Pacer Data and Digital Revolution ETF 0.2 60 -12 4.1 -3.3
COPX Global X Copper Miners ETF 0.2 65 -17 7.0 -0.5
DMAT Global X Disruptive Materials ETF 0.2 59 -11 10.9 +3.5
GMET VanEck Green Metals ETF 0.2 63 -15 9.5 +2.1
ARKF ARK Fintech Innovation ETF 0.2 75 -27 -0.3 -7.7
ISHP First Trust Nasdaq Retail ETF 0.2 60 -12 3.0 -4.5
OGIG ALPS O'Shares Global Internet Giants ETF 0.2 48 0 0.5 -6.9
VIDI Vident International Equity Strategy ETF 0.2 61 -13 11.4 +3.9
JRNY ALPS Global Travel Beneficiaries ETF 0.1 65 -17 -1.2 -8.7
IHAK iShares Cybersecurity & Tech ETF 0.1 47 1 3.2 -4.3
SPAM Themes Cybersecurity ETF 0.1 35 13 2.0 -5.5
BUG Global X Cybersecurity ETF 0.1 51 -3 2.1 -5.3
CIBR First Trust NASDAQ Cybersecurity ETF 0.1 60 -12 4.0 -3.4
HACK ETFMG Prime Cyber Security ETFMG Prime Cyber Security Fund 0.1 60 -12 3.6 -3.8
WCBR WisdomTree Cybersecurity Fund 0.1 45 3 2.0 -5.5
XDAT Franklin Exponential Data ETF 0.1 50 -2 2.9 -4.6
CLOD Themes Cloud Computing ETF 0.1 35 13 3.5 -3.9
PRNT 3D Printing ETF 0.1 66 -18 -1.2 -8.7
CUT Invesco MSCI Global Timber ETF 0.1 61 -13 8.4 +0.9
IBUY Amplify Online Retail ETF 0.1 65 -17 1.5 -6.0
EBLU Ecofin Global Water ESG Fund 0.1 40 8 3.9 -3.5
IVES Wedbush ETFMG Global Cloud Technology ETF 0.1 68 -20 1.5 -6.0
BUYZ Franklin Disruptive Commerce ETF 0.1 50 -2 2.1 -5.4
FDHT Fidelity Digital Health ETF 0.1 39 9 -1.9 -9.4
SMOG VanEck Low Carbon Energy ETF 0.1 61 -13 2.6 -4.8
BJK VanEck Gaming ETF 0.1 65 -17 1.8 -5.7
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 0.1 75 -27 7.4 -0.1
DVYA iShares Asia/Pacific Dividend ETF 0.1 49 -1 9.1 +1.6
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 0.1 75 -27 5.6 -1.8
FDIG Fidelity Crypto Industry and Digital Payments ETF 0.1 39 9 -0.7 -8.1
AQWA Global X Clean Water ETF 0.0 50 -2 4.2 -3.3
CGW Invesco S&P Global Water Index ETF 0.0 57 -9 3.8 -3.7
AHOY Newday Ocean Health ETF 0.0 75 -27 5.5 -2.0
FRNW Fidelity Clean Energy ETF 0.0 39 9 3.6 -3.9
PBD Invesco Global Clean Energy ETF 0.0 75 -27 -6.7 -14.2
RNRG Global X Renewable Energy Producers ETF 0.0 66 -18 4.4 -3.0
TAN Invesco Solar ETF 0.0 67 -19 3.1 -4.3
GFOF Grayscale Future of Finance ETF 0.0 70 -22 0.2 -7.2
SLVP iShares MSCI Global Silver Miners ETF 0.0 39 9 2.8 -4.7
GNOM Global X Genomics & Biotechnology ETF 0.0 50 -2 -5.4 -12.8
RAYS Global X Solar ETF 0.0 51 -3 7.1 -0.4
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.0 85 -37 7.6 +0.2

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

  2019 2020 2021 2022 2023 2024E 2025E
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
  2023 2024E 2025E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
iShares JPX-Nikkei 400 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 10.1 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 48 bp
Equals: ALTAR Score 7.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.60 CATEGORY
AVERAGE
1.61
 
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.