iShares JPX-Nikkei 400 ETF
ALTAR
Score™		 6.5% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 15.2x P/Sales
ratio		 1.1x
P/BV
ratio		 1.4x Div.
yield		 3.8%


  • 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) $103
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 389
Wgt avg mkt cap (mns) $44,421
Large cap (>$10bn) 65.9%
Mid cap ($2-10bn) 30.0%
Small cap (<$2bn) 4.1%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
SOFTBANK GROUP CORP. 2.4 %
MITSUI & CO LTD 1.7 %
MIZUHO FINANCIAL GROUP INC 1.7 %
MITSUBISHI CORP 1.6 %
TOYOTA MOTOR CORP 1.6 %
MITSUBISHI UFJ FINANCIAL GRO 1.6 %
SONY CORP 1.6 %
ITOCHU CORP 1.5 %
SUMITOMO MITSUI FINANCIAL GR 1.5 %
TOKIO MARINE HOLDINGS INC 1.4 %
Total 16.5 %

TOP COUNTRY EXPOSURE
JAPAN 99.6 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
18.4% 10.8% 8.0% 6.8% 4.8%

Market Correlations
versus... Beta R-squared
S&P500 0.73 58%
MSCI EAFE 0.65 53%
MSCI Emg. Mkts. 0.64 56%

Technical Indicators
Recent close $85.96
30d moving avg. $83.80
Annualized volatility 14.4%
Short interest (ETF) 0.0%
Relative strength (RSI) 61

Liquidity measures
Avg. volume (thou.) 3
Turnover 0.3%
Bid/Ask (% of price) 0.17%
ADV underlying (mns) $18,552

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 359 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™: 6.5%


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
(%)
FLJP Franklin FTSE Japan ETF 84.0 9 39 6.2 -0.3
FLJH Franklin FTSE Japan Hedged ETF 83.2 9 39 6.0 -0.6
BBJP JPMorgan BetaBuilders Japan ETF 81.6 19 29 6.7 +0.1
DBJP Xtrackers MSCI Japan Hedged Equity ETF 80.5 47 1 6.1 -0.5
EWJ iShares MSCI Japan ETF 79.3 50 -2 6.1 -0.5
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 69.9 25 23 6.8 +0.3
DXJ WisdomTree Japan Hedged Equity Fund 54.9 48 0 7.3 +0.8
IPAC iShares Core MSCI Pacific ETF 53.6 9 39 6.2 -0.3
EWJV iShares MSCI Japan Value ETF 48.5 15 33 8.6 +2.1
VPL Vanguard FTSE Pacific ETF 48.1 7 41 6.7 +0.2
IVLU iShares MSCI Intl Value Factor ETF 27.9 30 18 10.3 +3.7
INEQ Columbia International Equity Income ETF 27.5 45 3 8.0 +1.5
IQSI IQ Candriam International Equity ETF 25.6 15 33 6.6 +0.1
FJP First Trust Japan AlphaDEX Fund 25.3 80 -32 8.6 +2.1
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 25.1 14 34 6.2 -0.4
CEFA Global X S&P Catholic Values Developed ex-US ETF 24.7 35 13 6.6 +0.1
HFXI IQ FTSE International Equity Currency Neutral ETF 24.5 20 28 7.0 +0.5
GSID Goldman Sachs MarketBeta International Equity ETF 24.4 20 28 6.8 +0.3
DMXF iShares ESG Advanced MSCI EAFE ETF 23.5 12 36 5.5 -1.1
JHMD John Hancock Multifactor Developed International ETF 23.2 39 9 7.5 +1.0
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 22.1 36 12 6.5 -0.0
JIRE JPMorgan International Research Enhanced Equity ETF 21.8 24 24 7.2 +0.6
BKIE BNY Mellon International Equity ETF 21.8 4 44 7.0 +0.5
ESGD iShares ESG Aware MSCI EAFE ETF 21.6 20 28 6.7 +0.2
EFG iShares MSCI EAFE Growth ETF 21.5 36 12 4.3 -2.2
EFA iShares MSCI EAFE ETF 21.4 35 13 6.7 +0.1
FNDF Schwab Fundamental International Large Co. Index ETF 21.4 25 23 9.5 +3.0
PATN Pacer Nasdaq International Patent Leaders ETF 21.3 65 -17 6.1 -0.5
VIGI Vanguard International Dividend Appreciation ETF 21.2 10 38 6.3 -0.2
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 21.1 24 24 7.3 +0.8
FENI Fidelity Enhanced International ETF 21.1 28 20 6.5 -0.1
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 20.8 20 28 6.3 -0.2
IEFA iShares Core MSCI EAFE ETF 20.6 7 41 7.0 +0.4
DIVI Franklin International Core Dividend Tilt Index ETF 20.5 9 39 7.9 +1.4
EFV iShares MSCI EAFE Value ETF 20.4 34 14 9.0 +2.5
QEFA SPDR MSCI EAFE StrategicFactors ETF 20.3 30 18 7.0 +0.4
DIHP Dimensional International High Profitability ETF 20.1 29 19 7.1 +0.6
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 20.0 45 3 8.7 +2.2
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 19.8 39 9 6.6 +0.1
NUDM Nuveen ESG International Developed Markets Equity ETF 19.2 31 17 6.2 -0.3
SCHF Schwab International Equity ETF 19.0 6 42 7.2 +0.7
SPDW SPDR Portfolio Developed World ex-US ETF 18.9 3 45 6.9 +0.4
JPIN J.P. Morgan Diversified Return International Equity ETF 18.5 37 11 8.2 +1.7
IDEV iShares Core MSCI International Developed Markets ETF 18.4 4 44 6.9 +0.4
DFAI Dimensional International Core Equity Market ETF 18.3 18 30 7.1 +0.5
STXI Strive International Developed Markets ETF 18.1 29 19 6.6 +0.1
GSIE Goldman Sachs ActiveBeta International Equity ETF 18.0 25 23 7.0 +0.5
VEA Vanguard FTSE Developed Markets ETF 17.7 3 45 7.1 +0.6
DFIV Dimensional International Value ETF 17.6 27 21 9.5 +3.0
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 17.5 20 28 6.4 -0.2
INTF iShares International Equity Factor ETF 17.3 15 33 7.5 +1.0
IGRO iShares International Dividend Growth ETF 17.2 15 33 7.2 +0.7
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 16.6 12 36 5.9 -0.6
DIM WisdomTree International MidCap Dividend Fund 16.5 58 -10 7.4 +0.9
RFDI First Trust Riverfront Dynamic Developed International ETF 16.5 83 -35 9.3 +2.7
QINT American Century Quality Diversified International ETF 16.3 39 9 7.3 +0.7
DWM WisdomTree International Equity Fund 16.3 48 0 7.3 +0.8
EFAV iShares MSCI EAFE Min Vol Factor ETF 16.2 22 26 5.7 -0.8
FIVA Fidelity International Value Factor ETF 16.2 18 30 9.8 +3.3
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 16.2 40 8 7.4 +0.8
DFIC Dimensional International Core Equity 2 ETF 15.8 23 25 7.3 +0.8
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 15.6 39 9 7.8 +1.3
DFSI Dimensional International Sustainability Core 1 ETF 15.4 24 24 6.3 -0.3
GXUS Goldman Sachs MarketBeta Total International Equity ETF 15.4 18 30 7.8 +1.3
TPIF Timothy Plan International ETF 15.3 62 -14 6.2 -0.4
DOL WisdomTree International LargeCap Dividend Fund 15.2 48 0 7.1 +0.6
FDT First Trust Developed Markets ex-US AlphaDEX Fund 15.2 80 -32 9.3 +2.8
AVDE Avantis International Equity ETF 15.1 23 25 7.3 +0.8
IDHQ Invesco S&P International Developed High Quality ETF 15.0 29 19 6.6 +0.1
CIL VictoryShares International Volatility Wtd ETF 14.9 45 3 6.6 +0.1
AVSD Avantis Responsible International Equity ETF 14.8 23 25 5.6 -0.9
VWID Virtus WMC International Dividend ETF 14.5 49 -1 8.4 +1.8
JHID John Hancock International High Dividend ETF 14.2 46 2 9.4 +2.9
IMTM iShares MSCI Intl Momentum Factor ETF 14.0 30 18 5.4 -1.2
VEU Vanguard FTSE All-World ex-US Index Fund 14.0 4 44 8.0 +1.5
IMFL Invesco International Developed Dynamic Multifactor ETF 13.9 34 14 6.0 -0.5
CGIE Capital Group International Equity ETF 13.7 54 -6 5.1 -1.5
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 13.7 41 7 7.4 +0.9
AVIV Avantis International Large Cap Value ETF 13.7 25 23 8.5 +2.0
VSGX Vanguard ESG International Stock ETF 13.6 10 38 7.6 +1.0
SCJ iShares MSCI Japan Small-Cap ETF 13.6 50 -2 6.4 -0.1
SCZ iShares MSCI EAFE Small-Cap ETF 13.4 40 8 6.8 +0.3
CWI SPDR MSCI ACWI ex-US ETF 13.2 30 18 7.6 +1.0
ACWX iShares MSCI ACWI ex U.S. ETF 13.2 34 14 7.6 +1.1
FDEV Fidelity International Multifactor ETF 13.1 18 30 7.3 +0.8
IQLT iShares MSCI Intl Quality Factor ETF 13.0 30 18 6.2 -0.3
VXUS Vanguard Total International Stock ETF 13.0 5 43 7.8 +1.3
DXIV Dimensional International Vector Equity ETF 13.0 34 14 7.7 +1.2
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 12.8 58 -10 7.1 +0.5
IQDG WisdomTree International Quality Dividend Growth Fund 12.8 42 6 7.3 +0.7
VYMI Vanguard International High Dividend Yield ETF 12.7 17 31 9.5 +2.9
IXUS iShares Core MSCI Total International Stock ETF 12.7 7 41 7.8 +1.3
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 12.6 65 -17 4.2 -2.3
EXI iShares Global Industrials ETF 12.5 42 6 4.5 -2.0
IQDF FlexShares International Quality Dividend Index Fund 12.5 47 1 8.8 +2.3
UMMA Wahed Dow Jones Islamic World ETF 12.4 65 -17 5.4 -1.2
RODM Hartford Multifactor Developed Markets (ex-US) ETF 12.3 29 19 7.7 +1.1
LVHI Franklin International Low Volatility High Dividend Index ET 11.8 40 8 10.4 +3.9
PPIE Putnam PanAgora ESG International Equity ETF 11.7 49 -1 7.4 +0.8
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 11.0 32 16 6.0 -0.6
EFAD ProShares MSCI EAFE Dividend Growers ETF 10.9 50 -2 5.9 -0.6
IQDY FlexShares International Quality Dividend Dynamic Index Fund 10.8 47 1 8.3 +1.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 10.7 30 18 7.7 +1.2
ICOW Pacer Developed Markets International Cash Cows 100 ETF 10.6 65 -17 12.0 +5.5
JIG JPMorgan International Growth ETF 10.2 55 -7 4.7 -1.8
FNDC Schwab Fundamental International Small Co. Index ETF 10.0 39 9 5.7 -0.9
DGT SPDR Global Dow ETF 9.8 50 -2 6.9 +0.4
RODE Hartford Multifactor Diversified International ETF 9.7 29 19 11.4 +4.9
DTAN Sparkline International Intangible Value ETF 9.5 55 -7 8.6 +2.0
FIDI Fidelity International High Dividend ETF 9.4 18 30 8.6 +2.1
RXI iShares Global Consumer Discretionary ETF 9.4 41 7 9.1 +2.6
IDMO Invesco S&P International Developed Momentum ETF 9.2 25 23 5.3 -1.3
KNO AXS Knowledge Leaders ETF 9.2 78 -30 6.0 -0.6
UIVM VictoryShares International Value Momentum ETF 8.9 35 13 8.8 +2.3
WLDR Affinity World Leaders Equity ETF 8.9 67 -19 7.3 +0.8
ACWV iShares MSCI Global Min Vol Factor ETF 8.4 20 28 6.1 -0.4
DSTX Distillate International Fundamental Stability & Value ETF 8.4 55 -7 7.8 +1.2
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 8.3 49 -1 6.7 +0.2
NXTG First Trust Indxx NextG ETF 8.2 70 -22 5.2 -1.3
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 8.1 80 -32 5.8 -0.7
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 8.0 42 6 7.1 +0.6
GCOW Pacer Global Cash Cows Dividend ETF 7.7 60 -12 11.0 +4.5
QTUM Defiance Quantum ETF 7.3 40 8 5.4 -1.2
IXP iShares Global Comm Services ETF 7.3 42 6 5.4 -1.2
ESGG FlexShares STOXX Global ESG Select Index Fund 7.2 42 6 5.4 -1.2
QWLD SPDR MSCI World StrategicFactors ETF 7.2 30 18 5.9 -0.6
WRND IQ Global Equity R&D Leaders ETF 7.1 18 30 8.1 +1.6
BULD Pacer BlueStar Engineering the Future ETF 7.0 60 -12 0.5 -6.1
RGEF Rockefeller Global Equity ETF 7.0 55 -7 4.7 -1.8
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 6.9 47 1 5.8 -0.8
IBOT Vaneck Robotics ETF 6.7 47 1 4.3 -2.2
CGXU Capital Group International Focus Equity ETF 6.5 54 -6 5.5 -1.1
DTH WisdomTree International High Dividend Fund 6.4 58 -10 8.3 +1.8
CLNR IQ Cleaner Transport ETF 6.2 45 3 6.6 +0.1
IVAL Alpha Architect International Quantitative Value ETF 6.1 49 -1 9.7 +3.1
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 6.0 9 39 9.1 +2.6
AIVI WisdomTree International AI Enhanced Value Fund 5.9 58 -10 7.0 +0.5
WWJD Inspire International ETF 5.9 80 -32 7.3 +0.7
CGDG Capital Group Dividend Growers ETF 5.5 47 1 6.2 -0.3
OSEA Harbor International Compounders ETF 5.4 55 -7 4.9 -1.7
GLOF iShares Global Equity Factor ETF 5.3 20 28 6.4 -0.2
URTH iShares MSCI World ETF 5.2 24 24 5.0 -1.5
BKCI BNY Mellon Concentrated International ETF 5.1 80 -32 5.2 -1.3
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 5.1 80 -32 4.9 -1.6
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 5.0 65 -17 2.1 -4.5
FEOE First Eagle Overseas Equity ETF 5.0 79 -31 7.8 +1.3
FBOT Fidelity Disruptive Automation ETF 5.0 50 -2 3.7 -2.9
IXG iShares Global Financials ETF 4.9 42 6 6.5 -0.0
ROBO ROBO Global Robotics & Automation Index ETF 4.8 95 -47 3.4 -3.1
KLMT Invesco MSCI Global Climate 500 ETF 4.8 10 38 5.7 -0.9
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 4.7 25 23 5.8 -0.7
WBAT WisdomTree Battery Value Chain and Innovation Fund 4.7 45 3 4.0 -2.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 4.7 20 28 5.6 -1.0
VT Vanguard Total World Stock ETF 4.7 6 42 5.8 -0.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 4.7 9 39 5.6 -0.9
ACWI iShares MSCI ACWI ETF 4.7 32 16 5.5 -1.1
AVDS Avantis International Small Cap Equity ETF 4.6 30 18 7.2 +0.7
FEGE First Eagle Global Equity ETF 4.6 79 -31 6.8 +0.3
DWMF WisdomTree International Multifactor Fund 4.6 38 10 7.0 +0.4
DWX SPDR S&P International Dividend ETF 4.4 45 3 6.1 -0.5
KNCT Invesco Next Gen Connectivity ETF 4.3 40 8 4.7 -1.8
BINV Brandes International ETF 4.2 70 -22 9.3 +2.8
GTEK Goldman Sachs Future Tech Leaders Equity ETF 4.2 75 -27 3.0 -3.5
GLBL Pacer MSCI World Industry Advantage ETF 4.2 65 -17 4.1 -2.5
GINN Goldman Sachs Innovate Equity ETF 4.2 52 -4 3.6 -2.9
KXI iShares Global Consumer Staples ETF 4.2 41 7 5.5 -1.0
DRIV Global X Autonomous & Electric Vehicles ETF 4.0 68 -20 5.0 -1.5
MOTG VanEck Morningstar Global Wide Moat ETF 4.0 52 -4 7.6 +1.1
CARZ First Trust NASDAQ Global Auto Index Fund 3.9 70 -22 4.8 -1.8
JSTC Adasina Social Justice All Cap Global ETF 3.9 89 -41 4.8 -1.7
BNGE First Trust S-Network Streaming and Gaming ETF 3.9 70 -22 2.6 -4.0
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 3.9 75 -27 4.7 -1.9
DFIS Dimensional International Small Cap ETF 3.7 39 9 7.2 +0.7
ARVR First Trust Indxx Metaverse ETF 3.7 70 -22 4.0 -2.6
IPKW Invesco International BuyBack Achievers ETF 3.7 55 -7 12.4 +5.9
MOTI VanEck Morningstar International Moat ETF 3.7 58 -10 11.8 +5.3
OAIM OneAscent International Equity ETF 3.6 95 -47 5.6 -0.9
IXJ iShares Global Healthcare ETF 3.6 42 6 7.3 +0.7
IDOG ALPS International Sector Dividend Dogs ETF 3.6 50 -2 12.1 +5.6
SDG iShares MSCI Global Sustainable Development Goals ETF 3.5 49 -1 5.8 -0.8
BLES Inspire Global Hope ETF 3.5 61 -13 6.8 +0.2
IBAT iShares Energy Storage & Materials ETF 3.3 47 1 3.6 -2.9
DLS WisdomTree International SmallCap Dividend Fund 3.2 58 -10 8.0 +1.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.2 12 36 5.1 -1.4
MXI iShares Global Materials ETF 3.1 41 7 7.5 +0.9
IPAV Global X Infrastructure Development ex-U.S. ETF 3.1 55 -7 7.6 +1.1
RAYD Rayliant Quantitative Developed Market Equity ETF 3.0 80 -32 4.3 -2.2
DFJ WisdomTree Japan SmallCap Dividend Fund 3.0 58 -10 7.3 +0.7
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 3.0 58 -10 7.2 +0.6
IDLV Invesco S&P International Developed Low Volatility ETF 3.0 25 23 6.2 -0.3
URA Global X Uranium ETF 3.0 69 -21 1.7 -4.9
KOCG FIS Knights of Columbus Global Belief ETF 3.0 75 -27 5.2 -1.3
NUKZ Range Nuclear Renaissance Index ETF 2.9 85 -37 2.1 -4.5
BOTZ Global X Robotics & Artificial Intelligence ETF 2.9 69 -21 2.4 -4.1
VNQI Vanguard Global ex-U.S. Real Estate ETF 2.8 12 36 8.0 +1.4
ESPO VanEck Video Gaming and eSports ETF 2.8 56 -8 3.7 -2.8
ODDS Pacer BlueStar Digital Entertainment ETF 2.8 60 -12 2.1 -4.4
FYLD Cambria Foreign Shareholder Yield ETF 2.8 59 -11 11.5 +4.9
IXN iShares Global Tech ETF 2.8 41 7 3.6 -3.0
XT iShares Exponential Technologies ETF 2.7 46 2 4.9 -1.6
FDTX Fidelity Disruptive Technology ETF 2.7 50 -2 2.7 -3.8
GWX SPDR S&P International Small Cap ETF 2.7 40 8 5.9 -0.7
TEMP JPMorgan Climate Change Solutions ETF 2.7 49 -1 5.8 -0.7
AVDV Avantis International Small Cap Value ETF 2.6 36 12 9.3 +2.8
GGME Invesco Next Gen Media and Gaming ETF 2.6 60 -12 4.2 -2.3
DINT Davis Select International ETF 2.6 55 -7 7.9 +1.3
NERD Roundhill Video Games ETF 2.6 50 -2 2.9 -3.6
JGLO JPMorgan Global Select Equity ETF 2.6 33 15 5.0 -1.6
FPXI First Trust International Equity Opportunities ETF 2.6 70 -22 4.2 -2.4
METV Roundhill Ball Metaverse ETF 2.6 59 -11 7.4 +0.9
HERO Global X Video Games & Esports ETF 2.4 50 -2 3.7 -2.8
CHAT Roundhill Generative AI & Technology ETF 2.4 75 -27 8.9 +2.4
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 2.4 10 38 7.9 +1.4
MDEV First Trust Indxx Medical Devices ETF 2.4 70 -22 4.5 -2.0
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 2.3 80 -32 10.3 +3.8
ISCF iShares International SmallCap Equity Factor ETF 2.3 23 25 8.1 +1.5
CGGO Capital Group Global Growth Equity ETF 2.3 47 1 4.7 -1.9
AGQI First Trust Active Global Quality Income ETF 2.3 85 -37 4.8 -1.7
IOO iShares Global 100 ETF 2.2 41 7 4.7 -1.8
IMOM Alpha Architect International Quantitative Momentum ETF 2.2 49 -1 3.2 -3.4
CCNR ALPS CoreCommodity Natural Resources ETF 2.0 39 9 10.7 +4.2
IFGL iShares International Developed Real Estate ETF 2.0 48 0 6.9 +0.3
ERET iShares Environmentally Aware Real Estate ETF 2.0 30 18 7.2 +0.7
ANEW ProShares MSCI Transformational Changes ETF 2.0 45 3 6.1 -0.5
SHPP Pacer Industrials and Logistics ETF 1.9 60 -12 8.7 +2.2
CZAR Themes Natural Monopoly ETF 1.9 35 13 5.7 -0.9
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.9 65 -17 7.9 +1.4
DTEC ALPS Disruptive Technologies ETF 1.8 50 -2 3.9 -2.6
IVRS iShares Future Metaverse Tech and Communications ETF 1.8 47 1 2.5 -4.0
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 1.7 8 40 6.0 -0.5
TTAI FCF International Quality ETF 1.7 59 -11 7.3 +0.8
AIQ Global X Artificial Intelligence & Technology ETF 1.7 68 -20 3.7 -2.8
CANC Tema Oncology ETF 1.7 75 -27 -2.8 -9.3
AGNG Global X Aging Population ETF 1.7 50 -2 4.9 -1.7
FPAG FPA Global Equity ETF 1.7 49 -1 5.7 -0.8
SCHC Schwab International Small-Cap Equity ETF 1.7 11 37 6.5 -0.0
IGPT Invesco AI and Next Gen Software ETF 1.6 60 -12 4.2 -2.4
FAN First Trust Global Wind Energy ETF 1.5 60 -12 4.6 -1.9
EFAS Global X MSCI SuperDividend EAFE ETF 1.5 57 -9 8.2 +1.6
OCEN IQ Clean Oceans ETF 1.5 45 3 6.0 -0.5
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.4 58 -10 4.6 -2.0
GDOC Goldman Sachs Future Health Care Equity ETF 1.4 75 -27 2.8 -3.7
TMFG Motley Fool Global Opportunities ETF 1.4 85 -37 3.9 -2.6
GSFP Goldman Sachs Future Planet Equity ETF 1.4 75 -27 4.8 -1.7
ARTY iShares Future AI & Tech ETF 1.4 47 1 3.5 -3.0
IVES Wedbush ETFMG Global Cloud Technology ETF 1.4 68 -20 6.9 +0.3
AIVC Amplify Bloomberg AI Value Chain ETF 1.4 59 -11 5.3 -1.2
DEW WisdomTree Global High Dividend Fund 1.3 58 -10 8.3 +1.8
PICK iShares MSCI Global Metals & Mining Producers ETF 1.3 39 9 12.3 +5.8
JAPN Horizon Kinetics Japan Owner Operator ETF 1.3 85 -37 4.4 -2.2
EV Mast Global Battery Recycling & Production ETF 1.3 65 -17 10.5 +4.0
HYDR Global X Hydrogen ETF 1.3 50 -2 -3.8 -10.3
VIDI Vident International Equity Strategy ETF 1.2 61 -13 10.7 +4.2
ION ProShares S&P Global Core Battery Metals ETF 1.2 58 -10 9.4 +2.9
MOTO SmartETFs Smart Transportation & Technology ETF 1.2 68 -20 7.3 +0.8
JXI iShares Global Utilities ETF 1.2 43 5 5.8 -0.7
SCHY Schwab International Dividend Equity ETF 1.2 14 34 9.6 +3.1
HAP VanEck Natural Resources ETF 1.2 50 -2 9.3 +2.8
LIT Global X Lithium & Battery Tech ETF 1.1 75 -27 4.5 -2.1
FILL iShares MSCI Global Energy Producers ETF 1.1 39 9 11.8 +5.2
WAR U.S. Global Tech and Aerospace & Defense ETF 1.1 60 -12 3.7 -2.9
IQRA IQ CBRE Real Assets ETF 1.0 65 -17 5.7 -0.9
RCGE RockCreek Global Equality ETF 1.0 95 -47 6.7 +0.2
GQRE FlexShares Global Quality Real Estate Index Fund 1.0 45 3 7.7 +1.2
OZEM Roundhill GLP-1 & Weight Loss ETF 0.9 59 -11 0.5 -6.1
THNR Amplify Weight Loss Drug & Treatment ETF 0.9 59 -11 6.7 +0.2
DISV Dimensional International Small Cap Value ETF 0.9 42 6 8.9 +2.4
HART IQ Healthy Hearts ETF 0.9 45 3 6.7 +0.1
BATT Amplify Lithium & Battery Technology ETF 0.9 59 -11 3.4 -3.1
RWO SPDR Dow Jones Global Real Estate ETF 0.8 50 -2 6.9 +0.3
RWX SPDR Dow Jones International Real Estate ETF 0.8 59 -11 6.8 +0.3
IXC iShares Global Energy ETF 0.8 44 4 10.2 +3.7
ARKX ARK Space Exploration & Innovation ETF 0.8 75 -27 -0.3 -6.8
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.8 56 -8 10.6 +4.1
IQM Franklin Intelligent Machines ETF 0.8 50 -2 2.0 -4.6
SAGP Strategas Global Policy Opportunities ETF 0.7 65 -17 5.4 -1.2
HRTS Tema Heart & Health ETF 0.7 75 -27 1.3 -5.2
GNR SPDR S&P Global Natural Resources ETF 0.7 40 8 10.9 +4.4
CRAK VanEck Oil Refiners ETF 0.7 61 -13 13.5 +7.0
WTAI WisdomTree Artificial Intelligence and Innovation Fund 0.6 45 3 2.6 -3.9
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.6 72 -24 -0.9 -7.5
HTEC ROBO Global Healthcare Technology and Innovation ETF 0.6 68 -20 2.4 -4.1
SNSR Global X Internet of Things ETF 0.5 68 -20 4.5 -2.0
FDCF Fidelity Disruptive Communications ETF 0.5 50 -2 2.7 -3.9
CGDV Capital Group Dividend Value ETF 0.5 33 15 4.5 -2.0
OND ProShares On-Demand ETF 0.5 58 -10 0.7 -5.9
AZTD Aztlan Global Stock Selection DM SMID ETF 0.5 75 -27 7.4 +0.9
FDNI First Trust Dow Jones International Internet ETF 0.5 65 -17 20.2 +13.7
EFRA iShares Environmental Infrastructure and Industrials ETF 0.5 47 1 5.2 -1.3
JETS U.S. Global Jets ETF 0.5 60 -12 2.7 -3.8
AIRL Themes Airlines ETF 0.5 35 13 1.7 -4.8
FTAG First Trust Indxx Global Agriculture ETF 0.5 70 -22 8.3 +1.8
FID First Trust S&P International Dividend Aristocrats ETF 0.5 60 -12 7.8 +1.3
WDIV SPDR S&P Global Dividend ETF 0.5 40 8 9.2 +2.6
BOAT SonicShares Global Shipping ETF 0.5 69 -21 26.2 +19.7
CGV Conductor Global Equity Value ETF 0.4 130 -82 8.1 +1.5
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.4 68 -20 2.7 -3.9
STCE Schwab Crypto Thematic ETF 0.4 30 18 0.9 -5.7
MOO VanEck Agribusiness ETF 0.3 53 -5 10.4 +3.9
BLOK Amplify Transformational Data Sharing ETF 0.3 75 -27 -0.4 -6.9
SOCL Global X Social Media ETF 0.3 65 -17 8.6 +2.1
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.3 46 2 5.6 -0.9
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.3 85 -37 3.9 -2.7
BCDF Horizon Kinetics Blockchain Development ETF 0.3 85 -37 4.1 -2.4
PIO Invesco Global Water ETF 0.3 75 -27 4.3 -2.3
BMED Future Health ETF 0.3 85 -37 0.5 -6.1
FICS First Trust International Developed Capital Strength ETF 0.3 70 -22 7.3 +0.8
KROP Global X AgTech & Food Innovation ETF 0.3 50 -2 1.9 -4.6
VEGI iShares MSCI Agriculture Producers ETF 0.3 39 9 8.7 +2.2
OGIG ALPS O'Shares Global Internet Giants ETF 0.3 48 0 1.5 -5.0
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.3 86 -38 13.1 +6.5
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.3 60 -12 10.4 +3.8
FMET Fidelity Metaverse ETF 0.3 39 9 4.6 -1.9
BCOR Grayscale Bitcoin Adopters ETF 0.3 59 -11 2.4 -4.2
SUPL ProShares Supply Chain Logistics ETF 0.3 58 -10 11.9 +5.4
WOOD iShares Global Timber & Forestry ETF 0.2 42 6 12.2 +5.6
ARKF ARK Fintech Innovation ETF 0.2 75 -27 -0.4 -7.0
ISHP First Trust Nasdaq Retail ETF 0.2 60 -12 5.3 -1.2
ICLN iShares Global Clean Energy ETF 0.2 41 7 5.1 -1.4
VCLN Virtus Duff & Phelps Clean Energy ETF 0.2 59 -11 4.8 -1.8
ETEC iShares Breakthrough Environmental Solutions ETF 0.2 47 1 3.3 -3.2
TINY ProShares Nanotechnology ETF 0.2 58 -10 4.9 -1.6
TRFK Pacer Data and Digital Revolution ETF 0.2 60 -12 2.9 -3.6
CRTC Xtrackers US National Critical Technologies ETF 0.2 35 13 4.8 -1.8
COPX Global X Copper Miners ETF 0.2 65 -17 6.9 +0.4
DMAT Global X Disruptive Materials ETF 0.2 59 -11 7.4 +0.9
GMET VanEck Green Metals ETF 0.2 63 -15 8.5 +2.0
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.2 85 -37 8.7 +2.2
IBUY Amplify Online Retail ETF 0.2 65 -17 0.8 -5.7
FDRR Fidelity Dividend ETF for Rising Rates 0.2 15 33 7.0 +0.4
FDVV Fidelity High Dividend ETF 0.2 15 33 7.6 +1.0
DVYA iShares Asia/Pacific Dividend ETF 0.1 49 -1 7.5 +1.0
IBLC iShares Blockchain and Tech ETF 0.1 47 1 -2.8 -9.3
BUG Global X Cybersecurity ETF 0.1 51 -3 2.4 -4.2
CIBR First Trust NASDAQ Cybersecurity ETF 0.1 60 -12 4.0 -2.5
HACK ETFMG Prime Cyber Security ETFMG Prime Cyber Security Fund 0.1 60 -12 3.4 -3.1
IHAK iShares Cybersecurity & Tech ETF 0.1 47 1 4.1 -2.5
WCBR WisdomTree Cybersecurity Fund 0.1 45 3 1.8 -4.7
XDAT Franklin Exponential Data ETF 0.1 50 -2 2.1 -4.5
SPAM Themes Cybersecurity ETF 0.1 35 13 2.0 -4.5
EBLU Ecofin Global Water ESG Fund 0.1 40 8 4.3 -2.2
URAN Themes Uranium & Nuclear ETF 0.1 35 13 1.5 -5.0
BOTT Themes Robotics & Automation ETF 0.1 35 13 4.0 -2.6
BJK VanEck Gaming ETF 0.1 65 -17 4.0 -2.5
IDNA iShares Genomics Immunology and Healthcare ETF 0.1 47 1 -2.1 -8.7
BLLD JPMorgan Sustainable Infrastructure ETF 0.1 49 -1 6.1 -0.4
BUYZ Franklin Disruptive Commerce ETF 0.1 50 -2 2.2 -4.3
CUT Invesco MSCI Global Timber ETF 0.1 61 -13 10.5 +3.9
PRNT 3D Printing ETF 0.1 66 -18 1.3 -5.3
CLOU Global X Cloud Computing ETF 0.1 68 -20 2.3 -4.3
BRF VanEck Brazil Small-Cap ETF 0.1 66 -18 11.0 +4.5
AQWA Global X Clean Water ETF 0.1 50 -2 5.0 -1.6
CGW Invesco S&P Global Water Index ETF 0.1 57 -9 4.7 -1.9
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 0.1 75 -27 7.8 +1.2
SMOG VanEck Low Carbon Energy ETF 0.1 61 -13 1.8 -4.8
FDHT Fidelity Digital Health ETF 0.0 39 9 0.8 -5.7
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 0.0 75 -27 4.6 -2.0
FDIG Fidelity Crypto Industry and Digital Payments ETF 0.0 39 9 -1.3 -7.9
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.0 39 9 -0.9 -7.4

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

  2020 2021 2022 2023 2024 2025E 2026E
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
  2024 2025E 2026E
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:

UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 9.3 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 48 bp
Equals: ALTAR Score 6.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.60 CATEGORY
AVERAGE		 1.63
 
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.