iShares JPX-Nikkei 400 ETF
ALTAR
Score™		 6.3% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 16.4x P/Sales
ratio		 1.1x
P/BV
ratio		 1.4x Div.
yield		 3.5%


  • 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 390
Wgt avg mkt cap (mns) $49,876
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. 2.0 %
MITSUI & CO LTD 1.9 %
MIZUHO FINANCIAL GROUP INC 1.9 %
ADVANTEST CORP 1.9 %
SUMITOMO MITSUI FINANCIAL GR 1.8 %
MITSUBISHI CORP 1.7 %
TOYOTA MOTOR CORP 1.6 %
ITOCHU CORP 1.6 %
MITSUBISHI UFJ FINANCIAL GRO 1.6 %
MITSUBISHI ELECTRIC CORP 1.5 %
Total 17.6 %

TOP COUNTRY EXPOSURE
JAPAN 99.6 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru November 30)
Year-to-date 1 year 5 years 10 years Since Incep.
24.9% 21.3% 6.9% 6.9% 5.0%

Market Correlations
versus... Beta R-squared
S&P500 0.68 51%
MSCI EAFE 0.98 75%
MSCI Emg. Mkts. 0.73 47%

Technical Indicators
Recent close $85.85
30d moving avg. $87.45
Annualized volatility 13.2%
Short interest (ETF) 0.1%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 7
Turnover 0.6%
Bid/Ask (% of price) 0.21%
ADV underlying (mns) $18,552

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 363 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™: 6.3%


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 82.8 9 39 5.8 -0.5
FLJH Franklin FTSE Japan Hedged ETF 81.9 9 39 5.7 -0.6
BBJP JPMorgan BetaBuilders Japan ETF 80.2 19 29 6.1 -0.2
EWJ iShares MSCI Japan ETF 79.9 50 -2 5.8 -0.5
DBJP Xtrackers MSCI Japan Hedged Equity ETF 78.9 47 1 5.6 -0.7
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 70.6 25 23 6.1 -0.2
DXJ WisdomTree Japan Hedged Equity Fund 55.5 48 0 6.6 +0.3
IPAC iShares Core MSCI Pacific ETF 54.6 9 39 6.2 -0.1
EWJV iShares MSCI Japan Value ETF 49.8 15 33 8.1 +1.8
VPL Vanguard FTSE Pacific ETF 47.4 7 41 6.3 +0.0
INEQ Columbia International Equity Income ETF 28.1 45 3 8.1 +1.8
IVLU iShares MSCI Intl Value Factor ETF 27.3 30 18 9.6 +3.3
FJP First Trust Japan AlphaDEX Fund 25.9 80 -32 8.0 +1.7
IQSI IQ Candriam International Equity ETF 25.6 15 33 6.2 -0.1
DMXF iShares ESG Advanced MSCI EAFE ETF 25.3 12 36 5.5 -0.8
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 25.0 14 34 5.9 -0.4
CEFA Global X S&P Catholic Values Developed ex-US ETF 24.9 35 13 6.2 -0.1
HFXI IQ FTSE International Equity Currency Neutral ETF 24.5 20 28 6.5 +0.2
GSID Goldman Sachs MarketBeta International Equity ETF 24.4 20 28 6.4 +0.1
JHMD John Hancock Multifactor Developed International ETF 23.2 39 9 7.1 +0.8
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 22.1 36 12 6.3 0.0
JIRE JPMorgan International Research Enhanced Equity ETF 22.0 24 24 7.0 +0.7
BKIE BNY Mellon International Equity ETF 21.8 4 44 6.6 +0.3
FNDF Schwab Fundamental International Large Co. Index ETF 21.6 25 23 9.1 +2.8
EFG iShares MSCI EAFE Growth ETF 21.4 36 12 4.2 -2.1
EFA iShares MSCI EAFE ETF 21.4 35 13 6.4 +0.2
ESGD iShares ESG Aware MSCI EAFE ETF 21.3 20 28 6.4 +0.1
VIGI Vanguard International Dividend Appreciation ETF 21.0 10 38 6.3 -0.0
PATN Pacer Nasdaq International Patent Leaders ETF 20.9 65 -17 5.4 -0.9
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 20.9 24 24 7.0 +0.7
FENI Fidelity Enhanced International ETF 20.9 28 20 6.1 -0.2
EFV iShares MSCI EAFE Value ETF 20.9 34 14 8.5 +2.3
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 20.8 20 28 6.1 -0.2
IEFA iShares Core MSCI EAFE ETF 20.6 7 41 6.8 +0.5
DIVI Franklin International Core Dividend Tilt Index ETF 20.1 9 39 7.5 +1.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 20.0 45 3 8.3 +2.0
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 19.7 39 9 6.4 +0.1
QEFA SPDR MSCI EAFE StrategicFactors ETF 19.6 30 18 6.6 +0.4
DIHP Dimensional International High Profitability ETF 19.3 29 19 6.6 +0.3
SCHF Schwab International Equity ETF 19.2 6 42 7.0 +0.7
IMTM iShares MSCI Intl Momentum Factor ETF 19.1 30 18 5.3 -1.0
NUDM Nuveen ESG International Developed Markets Equity ETF 18.7 31 17 6.3 +0.0
SPDW SPDR Portfolio Developed World ex-US ETF 18.6 3 45 6.6 +0.3
IDEV iShares Core MSCI International Developed Markets ETF 18.2 4 44 6.7 +0.4
JPIN J.P. Morgan Diversified Return International Equity ETF 18.2 37 11 7.7 +1.5
STXI Strive International Developed Markets ETF 18.0 29 19 6.3 +0.1
GSIE Goldman Sachs ActiveBeta International Equity ETF 17.9 25 23 6.8 +0.5
DFIV Dimensional International Value ETF 17.8 27 21 8.8 +2.6
DFAI Dimensional International Core Equity Market ETF 17.8 18 30 6.7 +0.4
VEA Vanguard FTSE Developed Markets ETF 17.4 3 45 6.7 +0.4
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 17.2 20 28 6.1 -0.1
IGRO iShares International Dividend Growth ETF 17.2 15 33 6.9 +0.7
INTF iShares International Equity Factor ETF 17.1 15 33 7.3 +1.0
EFAV iShares MSCI EAFE Min Vol Factor ETF 17.0 22 26 5.9 -0.4
QINT American Century Quality Diversified International ETF 16.5 39 9 6.8 +0.5
FIVA Fidelity International Value Factor ETF 16.4 18 30 8.9 +2.6
RFDI First Trust Riverfront Dynamic Developed International ETF 16.4 83 -35 8.9 +2.6
DIM WisdomTree International MidCap Dividend Fund 16.2 58 -10 7.1 +0.8
DWM WisdomTree International Equity Fund 16.2 48 0 6.9 +0.6
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 16.2 12 36 5.8 -0.5
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 16.1 40 8 7.0 +0.7
FDT First Trust Developed Markets ex-US AlphaDEX Fund 16.1 80 -32 8.5 +2.2
RAYJ Rayliant SMDAM Japan Equity ETF 16.0 72 -24 3.6 -2.7
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 15.6 39 9 7.5 +1.2
DFIC Dimensional International Core Equity 2 ETF 15.4 23 25 7.1 +0.8
GXUS Goldman Sachs MarketBeta Total International Equity ETF 15.4 18 30 7.3 +1.0
DOL WisdomTree International LargeCap Dividend Fund 15.3 48 0 6.7 +0.4
IMFL Invesco International Developed Dynamic Multifactor ETF 15.2 34 14 5.7 -0.6
TPIF Timothy Plan International ETF 15.1 62 -14 6.0 -0.3
AVDE Avantis International Equity ETF 15.1 23 25 7.1 +0.8
DFSI Dimensional International Sustainability Core 1 ETF 15.0 24 24 6.1 -0.2
CIL VictoryShares International Volatility Wtd ETF 14.8 45 3 6.3 +0.1
IDHQ Invesco S&P International Developed High Quality ETF 14.8 29 19 6.3 +0.1
AVSD Avantis Responsible International Equity ETF 14.7 23 25 5.1 -1.2
JHID John Hancock International High Dividend ETF 14.5 46 2 9.1 +2.8
VWID Virtus WMC International Dividend ETF 14.2 49 -1 7.8 +1.5
CGIE Capital Group International Equity ETF 13.8 54 -6 4.9 -1.4
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 13.7 41 7 7.2 +0.9
AVIV Avantis International Large Cap Value ETF 13.6 25 23 8.3 +2.0
VEU Vanguard FTSE All-World ex-US Index Fund 13.6 4 44 7.6 +1.4
CWI SPDR MSCI ACWI ex-US ETF 13.5 30 18 7.4 +1.1
UMMA Wahed Dow Jones Islamic World ETF 13.3 65 -17 4.8 -1.5
EXI iShares Global Industrials ETF 13.2 42 6 4.4 -1.9
ACWX iShares MSCI ACWI ex U.S. ETF 13.0 34 14 7.4 +1.1
VSGX Vanguard ESG International Stock ETF 13.0 10 38 7.5 +1.2
SCJ iShares MSCI Japan Small-Cap ETF 12.9 50 -2 6.6 +0.3
SCZ iShares MSCI EAFE Small-Cap ETF 12.8 40 8 6.9 +0.6
VXUS Vanguard Total International Stock ETF 12.8 5 43 7.6 +1.3
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 12.7 58 -10 6.8 +0.5
IQDG WisdomTree International Quality Dividend Growth Fund 12.7 42 6 6.8 +0.5
VYMI Vanguard International High Dividend Yield ETF 12.6 17 31 8.9 +2.6
IXUS iShares Core MSCI Total International Stock ETF 12.5 7 41 7.6 +1.3
FDEV Fidelity International Multifactor ETF 12.4 18 30 7.2 +1.0
IQLT iShares MSCI Intl Quality Factor ETF 12.4 30 18 6.1 -0.2
JIVE JPMorgan International Value ETF 12.4 55 -7 10.9 +4.6
PPIE Putnam PanAgora ESG International Equity ETF 12.4 49 -1 7.1 +0.8
IQDF FlexShares International Quality Dividend Index Fund 12.2 47 1 8.3 +2.0
DXIV Dimensional International Vector Equity ETF 12.2 34 14 7.4 +1.1
RODM Hartford Multifactor Developed Markets (ex-US) ETF 12.2 29 19 7.3 +1.0
LVHI Franklin International Low Volatility High Dividend Index ET 11.7 40 8 10.1 +3.8
OEFA ALPS O’Shares International Developed Quality Dividend ETF 11.5 48 0 5.3 -1.0
IQDY FlexShares International Quality Dividend Dynamic Index Fund 11.1 47 1 7.7 +1.4
ICOW Pacer Developed Markets International Cash Cows 100 ETF 11.0 65 -17 10.7 +4.4
EFAD ProShares MSCI EAFE Dividend Growers ETF 10.6 50 -2 5.9 -0.4
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 10.5 32 16 5.8 -0.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 10.5 30 18 7.5 +1.2
JIG JPMorgan International Growth ETF 9.9 55 -7 4.9 -1.4
RODE Hartford Multifactor Diversified International ETF 9.7 29 19 10.4 +4.1
FNDC Schwab Fundamental International Small Co. Index ETF 9.5 39 9 5.8 -0.5
FIDI Fidelity International High Dividend ETF 9.4 18 30 7.9 +1.6
RXI iShares Global Consumer Discretionary ETF 9.4 41 7 8.3 +2.0
DTAN Sparkline International Intangible Value ETF 9.3 55 -7 8.1 +1.8
KNO AXS Knowledge Leaders ETF 9.3 78 -30 5.7 -0.6
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 9.2 65 -17 4.6 -1.7
WLDR Affinity World Leaders Equity ETF 9.0 67 -19 7.7 +1.4
UIVM VictoryShares International Value Momentum ETF 8.8 35 13 8.3 +2.1
BULD Pacer BlueStar Engineering the Future ETF 8.1 60 -12 0.4 -5.9
NXTG First Trust Indxx NextG ETF 8.1 70 -22 5.0 -1.3
DSTX Distillate International Fundamental Stability & Value ETF 7.9 55 -7 7.6 +1.3
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 7.9 42 6 6.6 +0.3
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 7.8 80 -32 5.9 -0.4
IBOT Vaneck Robotics ETF 7.8 47 1 4.1 -2.2
GCOW Pacer Global Cash Cows Dividend ETF 7.8 60 -12 10.4 +4.1
QTUM Defiance Quantum ETF 7.7 40 8 5.2 -1.1
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 7.5 49 -1 6.7 +0.4
ESGG FlexShares STOXX Global ESG Select Index Fund 7.2 42 6 5.3 -1.0
QWLD SPDR MSCI World StrategicFactors ETF 7.2 30 18 5.8 -0.5
DGT State Street SPDR Global Dow ETF 7.1 50 -2 6.6 +0.3
WRND IQ Global Equity R&D Leaders ETF 7.0 18 30 7.7 +1.4
CLNR IQ Cleaner Transport ETF 6.8 45 3 5.2 -1.1
RGEF Rockefeller Global Equity ETF 6.7 55 -7 4.7 -1.6
IDLV Invesco S&P International Developed Low Volatility ETF 6.6 25 23 6.4 +0.1
IXP iShares Global Comm Services ETF 6.6 42 6 6.0 -0.3
DTH WisdomTree International High Dividend Fund 6.3 58 -10 7.9 +1.6
CGXU Capital Group International Focus Equity ETF 6.1 54 -6 5.4 -0.9
FEOE First Eagle Overseas Equity ETF 6.0 79 -31 6.8 +0.5
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 6.0 47 1 5.9 -0.4
AIVI WisdomTree International AI Enhanced Value Fund 5.9 58 -10 6.6 +0.3
WWJD Inspire International ETF 5.9 80 -32 7.2 +0.9
ITOL Tema International Durable Quality ETF 5.7 60 -12 5.7 -0.6
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 5.5 9 39 8.8 +2.5
CGDG Capital Group Dividend Growers ETF 5.5 47 1 6.0 -0.3
MOTI VanEck Morningstar International Moat ETF 5.4 58 -10 10.7 +4.4
ROBO ROBO Global Robotics & Automation Index ETF 5.3 95 -47 3.2 -3.1
OSEA Harbor International Compounders ETF 5.3 55 -7 4.9 -1.4
URTH iShares MSCI World ETF 5.2 24 24 5.0 -1.3
IVAL Alpha Architect International Quantitative Value ETF 5.2 49 -1 9.8 +3.5
GLOF iShares Global Equity Factor ETF 5.2 20 28 6.8 +0.5
BKCI BNY Mellon Concentrated International ETF 5.1 80 -32 5.1 -1.2
WBAT WisdomTree Battery Value Chain and Innovation Fund 5.1 45 3 1.7 -4.6
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 5.1 80 -32 4.2 -2.1
GEW Cambria Global EW ETF 5.1 29 19 5.9 -0.4
FBOT Fidelity Disruptive Automation ETF 4.9 50 -2 3.4 -2.9
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 4.9 65 -17 2.0 -4.3
IXG iShares Global Financials ETF 4.9 42 6 6.4 +0.2
GTEK Goldman Sachs Future Tech Leaders Equity ETF 4.8 75 -27 3.1 -3.2
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 4.7 25 23 6.0 -0.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 4.7 9 39 5.6 -0.7
VT Vanguard Total World Stock ETF 4.7 6 42 5.8 -0.5
KLMT Invesco MSCI Global Climate 500 ETF 4.7 10 38 5.6 -0.7
ACWI iShares MSCI ACWI ETF 4.6 32 16 5.4 -0.9
IMOM Alpha Architect International Quantitative Momentum ETF 4.6 49 -1 4.6 -1.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 4.5 20 28 5.5 -0.8
IDMO Invesco S&P International Developed Momentum ETF 4.5 25 23 5.6 -0.7
FEGE First Eagle Global Equity ETF 4.5 79 -31 6.5 +0.2
AVDS Avantis International Small Cap Equity ETF 4.4 30 18 6.7 +0.4
GLBL Pacer MSCI World Industry Advantage ETF 4.3 65 -17 4.2 -2.1
DWMF WisdomTree International Multifactor Fund 4.3 38 10 6.9 +0.7
DWX SPDR S&P International Dividend ETF 4.2 45 3 7.1 +0.8
GINN Goldman Sachs Innovate Equity ETF 4.2 52 -4 3.7 -2.6
KNCT Invesco Next Gen Connectivity ETF 4.2 40 8 4.8 -1.5
OAIM OneAscent International Equity ETF 4.0 95 -47 5.3 -1.0
BINV Brandes International ETF 4.0 70 -22 9.1 +2.8
MOTG VanEck Morningstar Global Wide Moat ETF 4.0 52 -4 8.9 +2.6
JSTC Adasina Social Justice All Cap Global ETF 4.0 89 -41 4.8 -1.5
CARZ First Trust NASDAQ Global Auto Index Fund 4.0 70 -22 4.1 -2.2
KXI iShares Global Consumer Staples ETF 3.9 41 7 5.7 -0.6
DRIV Global X Autonomous & Electric Vehicles ETF 3.9 68 -20 4.8 -1.5
IBAT iShares Energy Storage & Materials ETF 3.6 47 1 2.8 -3.5
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 3.5 75 -27 3.7 -2.6
BLES Inspire Global Hope ETF 3.5 61 -13 6.9 +0.6
DFIS Dimensional International Small Cap ETF 3.4 39 9 7.0 +0.7
IDOG ALPS International Sector Dividend Dogs ETF 3.4 50 -2 11.4 +5.2
IPKW Invesco International BuyBack Achievers ETF 3.4 55 -7 8.6 +2.3
BNGE First Trust S-Network Streaming and Gaming ETF 3.3 70 -22 2.7 -3.6
IXJ iShares Global Healthcare ETF 3.3 42 6 6.7 +0.4
MJSC MUFG Japan Small Cap Active ETF 3.3 85 -37 5.8 -0.5
FYLD Cambria Foreign Shareholder Yield ETF 3.3 59 -11 11.3 +5.0
NUKZ Range Nuclear Renaissance Index ETF 3.2 85 -37 1.3 -5.0
FDTX Fidelity Disruptive Technology ETF 3.2 50 -2 2.7 -3.6
DLS WisdomTree International SmallCap Dividend Fund 3.2 58 -10 7.9 +1.6
ARVR First Trust Indxx Metaverse ETF 3.2 70 -22 4.1 -2.2
BOTZ Global X Robotics & Artificial Intelligence ETF 3.2 69 -21 2.1 -4.2
MXI iShares Global Materials ETF 3.1 41 7 7.1 +0.8
URA Global X Uranium ETF 3.1 69 -21 1.2 -5.1
SDG iShares MSCI Global Sustainable Development Goals ETF 3.1 49 -1 5.3 -1.0
IXN iShares Global Tech ETF 3.1 41 7 3.7 -2.6
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.1 12 36 5.0 -1.3
KOCG FIS Knights of Columbus Global Belief ETF 3.0 75 -27 4.9 -1.4
RAYD Rayliant Quantitative Developed Market Equity ETF 3.0 80 -32 4.4 -1.9
DINT Davis Select International ETF 3.0 55 -7 7.7 +1.4
IPAV Global X Infrastructure Development ex-U.S. ETF 3.0 55 -7 6.5 +0.2
DFJ WisdomTree Japan SmallCap Dividend Fund 2.9 58 -10 7.0 +0.7
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 2.9 58 -10 7.0 +0.7
XT iShares Exponential Technologies ETF 2.8 46 2 4.9 -1.4
VNQI Vanguard Global ex-U.S. Real Estate ETF 2.8 12 36 8.2 +1.9
TEMP JPMorgan Climate Change Solutions ETF 2.7 49 -1 5.8 -0.5
AVDV Avantis International Small Cap Value ETF 2.7 36 12 8.7 +2.4
JGLO JPMorgan Global Select Equity ETF 2.6 33 15 5.1 -1.2
HUMN Roundhill Humanoid Robotics ETF 2.6 75 -27 1.2 -5.1
METV Roundhill Ball Metaverse ETF 2.5 59 -11 9.5 +3.2
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 2.5 10 38 6.6 +0.3
NERD Roundhill Video Games ETF 2.4 50 -2 7.0 +0.7
ESPO VanEck Video Gaming and eSports ETF 2.3 56 -8 5.5 -0.8
ODDS Pacer BlueStar Digital Entertainment ETF 2.3 60 -12 3.1 -3.2
JDOC JPMorgan Healthcare Leaders ETF 2.3 65 -17 3.9 -2.4
MDEV First Trust Indxx Medical Devices ETF 2.3 70 -22 4.8 -1.5
CGGO Capital Group Global Growth Equity ETF 2.2 47 1 4.5 -1.8
GGME Invesco Next Gen Media and Gaming ETF 2.2 60 -12 5.2 -1.1
FICS First Trust International Developed Capital Strength ETF 2.2 70 -22 7.2 +0.9
CCNR ALPS CoreCommodity Natural Resources ETF 2.1 39 9 8.7 +2.4
IFGL iShares International Developed Real Estate ETF 2.0 48 0 7.0 +0.7
ERET iShares Environmentally Aware Real Estate ETF 2.0 30 18 7.5 +1.2
IOO iShares Global 100 ETF 2.0 41 7 4.7 -1.6
DTEC ALPS Disruptive Technologies ETF 2.0 50 -2 3.8 -2.5
CHAT Roundhill Generative AI & Technology ETF 2.0 75 -27 8.4 +2.1
HERO Global X Video Games & Esports ETF 2.0 50 -2 4.7 -1.6
ISCF iShares International SmallCap Equity Factor ETF 2.0 23 25 8.2 +1.9
AIQ Global X Artificial Intelligence & Technology ETF 1.9 68 -20 3.7 -2.6
FPXI First Trust International Equity Opportunities ETF 1.9 70 -22 4.5 -1.8
IVES Wedbush ETFMG Global Cloud Technology ETF 1.9 68 -20 6.3 +0.0
AIVC Amplify Bloomberg AI Value Chain ETF 1.9 59 -11 6.0 -0.3
CZAR Themes Natural Monopoly ETF 1.9 35 13 5.7 -0.6
SHPP Pacer Industrials and Logistics ETF 1.8 60 -12 8.3 +2.0
AGNG Global X Aging Population ETF 1.8 50 -2 4.6 -1.7
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 1.7 80 -32 10.8 +4.5
TTAI FCF International Quality ETF 1.7 59 -11 7.4 +1.1
FAN First Trust Global Wind Energy ETF 1.7 60 -12 4.2 -2.1
CANC Tema Oncology ETF 1.7 75 -27 -2.4 -8.7
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.6 65 -17 8.0 +1.7
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 1.6 8 40 7.1 +0.8
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.6 58 -10 4.5 -1.8
HYDR Global X Hydrogen ETF 1.6 50 -2 -6.8 -13.1
ANEW ProShares MSCI Transformational Changes ETF 1.6 45 3 5.4 -0.9
IVRS iShares Future Metaverse Tech and Communications ETF 1.6 47 1 3.5 -2.8
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 1.5 68 -20 6.9 +0.6
EV Mast Global Battery Recycling & Production ETF 1.5 65 -17 7.6 +1.3
SCHC Schwab International Small-Cap Equity ETF 1.5 11 37 7.5 +1.2
IGPT Invesco AI and Next Gen Software ETF 1.5 60 -12 4.5 -1.8
GDOC Goldman Sachs Future Health Care Equity ETF 1.5 75 -27 2.7 -3.6
GWX SPDR S&P International Small Cap ETF 1.4 40 8 6.4 +0.2
OCEN IQ Clean Oceans ETF 1.4 45 3 5.3 -1.0
PICK iShares MSCI Global Metals & Mining Producers ETF 1.4 39 9 10.5 +4.2
AGQI First Trust Active Global Quality Income ETF 1.4 85 -37 5.2 -1.1
ION ProShares S&P Global Core Battery Metals ETF 1.4 58 -10 6.9 +0.6
LIT Global X Lithium & Battery Tech ETF 1.4 75 -27 6.5 +0.2
FPAG FPA Global Equity ETF 1.3 49 -1 5.7 -0.6
DEW WisdomTree Global High Dividend Fund 1.3 58 -10 8.1 +1.8
GSFP Goldman Sachs Future Planet Equity ETF 1.3 75 -27 4.4 -1.9
JXI iShares Global Utilities ETF 1.3 43 5 5.8 -0.5
EFAS Global X MSCI SuperDividend EAFE ETF 1.3 57 -9 8.2 +1.9
SCHY Schwab International Dividend Equity ETF 1.3 14 34 9.6 +3.3
MOTO SmartETFs Smart Transportation & Technology ETF 1.2 68 -20 6.6 +0.3
VIDI Vident International Equity Strategy ETF 1.2 61 -13 10.5 +4.2
HAP VanEck Natural Resources ETF 1.1 50 -2 8.8 +2.5
TMFG Motley Fool Global Opportunities ETF 1.1 85 -37 4.1 -2.2
OZEM Roundhill GLP-1 & Weight Loss ETF 1.1 59 -11 5.2 -1.1
THNR Amplify Weight Loss Drug & Treatment ETF 1.1 59 -11 7.1 +0.8
JAPN Horizon Kinetics Japan Owner Operator ETF 1.0 85 -37 5.4 -0.9
BATT Amplify Lithium & Battery Technology ETF 1.0 59 -11 1.9 -4.4
IQRA IQ CBRE Real Assets ETF 1.0 65 -17 5.8 -0.5
RWO SPDR Dow Jones Global Real Estate ETF 0.9 50 -2 7.1 +0.8
RWX SPDR Dow Jones International Real Estate ETF 0.9 59 -11 6.8 +0.5
GQRE FlexShares Global Quality Real Estate Index Fund 0.9 45 3 8.0 +1.7
IXC iShares Global Energy ETF 0.9 44 4 10.5 +4.2
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.9 56 -8 10.8 +4.5
AKAF The Frontier Economic Fund 0.8 20 28 6.4 +0.1
WTAI WisdomTree Artificial Intelligence and Innovation Fund 0.8 45 3 2.7 -3.6
DISV Dimensional International Small Cap Value ETF 0.8 42 6 8.8 +2.6
IQM Franklin Intelligent Machines ETF 0.8 50 -2 2.1 -4.2
HART IQ Healthy Hearts ETF 0.8 45 3 6.1 -0.2
HRTS Tema Heart & Health ETF 0.8 75 -27 2.3 -4.0
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.8 72 -24 -1.3 -7.6
ARKX ARK Space Exploration & Innovation ETF 0.7 75 -27 0.2 -6.1
SAGP Strategas Global Policy Opportunities ETF 0.7 65 -17 5.5 -0.8
CRAK VanEck Oil Refiners ETF 0.7 61 -13 12.2 +5.9
SNSR Global X Internet of Things ETF 0.6 68 -20 4.9 -1.4
GNR SPDR S&P Global Natural Resources ETF 0.6 40 8 10.4 +4.1
FDCF Fidelity Disruptive Communications ETF 0.6 50 -2 4.0 -2.3
CGDV Capital Group Dividend Value ETF 0.5 33 15 4.6 -1.7
EFRA iShares Environmental Infrastructure and Industrials ETF 0.5 47 1 5.5 -0.8
RCGE RockCreek Global Equality ETF 0.5 95 -47 6.5 +0.2
FTAG First Trust Indxx Global Agriculture ETF 0.5 70 -22 8.4 +2.1
OND ProShares On-Demand ETF 0.5 58 -10 -0.6 -6.9
FID First Trust S&P International Dividend Aristocrats ETF 0.5 60 -12 7.8 +1.5
WDIV SPDR S&P Global Dividend ETF 0.5 40 8 8.9 +2.6
HTEC ROBO Global Healthcare Technology and Innovation ETF 0.5 68 -20 2.0 -4.3
POW VistaShares Electrification Supercycle ETF 0.5 75 -27 3.6 -2.7
FDNI First Trust Dow Jones International Internet ETF 0.5 65 -17 24.0 +17.7
JETS U.S. Global Jets ETF 0.4 60 -12 2.6 -3.7
AIRL Themes Airlines ETF 0.4 35 13 2.3 -4.0
BOAT SonicShares Global Shipping ETF 0.4 69 -21 26.7 +20.4
MOO VanEck Agribusiness ETF 0.4 53 -5 10.5 +4.3
STCE Schwab Crypto Thematic ETF 0.4 30 18 4.0 -2.3
PIO Invesco Global Water ETF 0.4 75 -27 4.6 -1.7
CGV Conductor Global Equity Value ETF 0.3 130 -82 7.7 +1.4
KROP Global X AgTech & Food Innovation ETF 0.3 50 -2 8.1 +1.8
VEGI iShares MSCI Agriculture Producers ETF 0.3 39 9 9.2 +2.9
BLOK Amplify Transformational Data Sharing ETF 0.3 75 -27 0.6 -5.7
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.3 46 2 5.7 -0.6
SOCL Global X Social Media ETF 0.3 65 -17 11.3 +5.0
BMED Future Health ETF 0.3 85 -37 0.3 -6.0
ETEC iShares Breakthrough Environmental Solutions ETF 0.3 47 1 3.5 -2.8
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.3 85 -37 3.5 -2.8
BCDF Horizon Kinetics Blockchain Development ETF 0.3 85 -37 4.3 -2.0
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.3 86 -38 15.0 +8.7
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.3 60 -12 11.0 +4.8
FMET Fidelity Metaverse ETF 0.3 39 9 4.9 -1.4
BCOR Grayscale Bitcoin Adopters ETF 0.3 59 -11 2.5 -3.8
IBLC iShares Blockchain and Tech ETF 0.3 47 1 -1.7 -8.0
ICLN iShares Global Clean Energy ETF 0.2 41 7 3.3 -3.0
VCLN Virtus Duff & Phelps Clean Energy ETF 0.2 59 -11 4.3 -2.0
COPX Global X Copper Miners ETF 0.2 65 -17 5.4 -0.9
DMAT Global X Disruptive Materials ETF 0.2 59 -11 6.5 +0.2
GMET VanEck Green Metals ETF 0.2 63 -15 6.9 +0.6
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.2 85 -37 6.2 -0.1
WOOD iShares Global Timber & Forestry ETF 0.2 42 6 12.9 +6.6
SUPL ProShares Supply Chain Logistics ETF 0.2 58 -10 10.0 +3.7
CRTC Xtrackers US National Critical Technologies ETF 0.2 35 13 4.9 -1.4
ARKF ARK Fintech Innovation ETF 0.2 75 -27 0.3 -6.0
ISHP First Trust Nasdaq Retail ETF 0.2 60 -12 5.7 -0.6
TBLU Tortoise Global Water ESG ETF 0.2 40 8 4.7 -1.6
FDRR Fidelity Dividend ETF for Rising Rates 0.2 15 33 6.9 +0.6
FDVV Fidelity High Dividend ETF 0.2 15 33 7.7 +1.4
TRFK Pacer Data and Digital Revolution ETF 0.2 60 -12 3.4 -2.9
TINY ProShares Nanotechnology ETF 0.2 58 -10 3.7 -2.6
DVYA iShares Asia/Pacific Dividend ETF 0.1 49 -1 7.4 +1.1
IDNA iShares Genomics Immunology and Healthcare ETF 0.1 47 1 -2.7 -8.9
EBLU Ecofin Global Water ESG Fund 0.1 40 8 4.6 -1.7
IBUY Amplify Online Retail ETF 0.1 65 -17 1.7 -4.6
AZTD Aztlan Global Stock Selection DM SMID ETF 0.1 75 -27 6.3 +0.0
PRNT 3D Printing ETF 0.1 66 -18 1.8 -4.5
URAN Themes Uranium & Nuclear ETF 0.1 35 13 1.5 -4.8
BUG Global X Cybersecurity ETF 0.1 51 -3 3.0 -3.3
CIBR First Trust NASDAQ Cybersecurity ETF 0.1 60 -12 4.3 -2.0
HACK ETFMG Prime Cyber Security ETFMG Prime Cyber Security Fund 0.1 60 -12 3.2 -3.1
IHAK iShares Cybersecurity & Tech ETF 0.1 47 1 4.6 -1.7
WCBR WisdomTree Cybersecurity Fund 0.1 45 3 2.1 -4.2
XDAT Franklin Exponential Data ETF 0.1 50 -2 2.5 -3.8
SPAM Themes Cybersecurity ETF 0.1 35 13 3.0 -3.3
BLLD JPMorgan Sustainable Infrastructure ETF 0.1 49 -1 5.9 -0.4
CUT Invesco MSCI Global Timber ETF 0.1 61 -13 10.6 +4.3
BJK VanEck Gaming ETF 0.1 65 -17 4.0 -2.3
AQWA Global X Clean Water ETF 0.1 50 -2 5.1 -1.2
CGW Invesco S&P Global Water Index ETF 0.1 57 -9 4.7 -1.6
SMOG VanEck Low Carbon Energy ETF 0.1 61 -13 1.6 -4.7
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 0.1 75 -27 7.2 +0.9
CLOU Global X Cloud Computing ETF 0.1 68 -20 2.9 -3.4
BUYZ Franklin Disruptive Commerce ETF 0.1 50 -2 2.6 -3.7
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 0.0 75 -27 5.9 -0.4
FDIG Fidelity Crypto Industry and Digital Payments ETF 0.0 39 9 -0.9 -7.1
FDHT Fidelity Digital Health ETF 0.0 39 9 1.5 -4.8
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.0 39 9 -1.3 -7.6

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

  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 9.1 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 48 bp
Equals: ALTAR Score 6.3 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.60 CATEGORY
AVERAGE		 1.64
 
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.