iShares JPX-Nikkei 400 ETF
ALTAR
Score™		 6.2% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 16.7x P/Sales
ratio		 1.1x
P/BV
ratio		 1.4x Div.
yield		 3.4%


  • 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) $105
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) $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 %
ADVANTEST CORP 1.9 %
MIZUHO FINANCIAL GROUP INC 1.9 %
MITSUI & CO LTD 1.8 %
SUMITOMO MITSUI FINANCIAL GR 1.7 %
MITSUBISHI CORP 1.7 %
TOYOTA MOTOR CORP 1.6 %
ITOCHU CORP 1.6 %
SONY CORP 1.6 %
MITSUBISHI UFJ FINANCIAL GRO 1.5 %
Total 17.3 %

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 $87.37
30d moving avg. $87.22
Annualized volatility 13.2%
Short interest (ETF) 0.1%
Relative strength (RSI) 54

Liquidity measures
Avg. volume (thou.) 6
Turnover 0.5%
Bid/Ask (% of price) 0.21%
ADV underlying (mns) $18,552

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 365 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™: 6.2%


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 83.2 9 39 5.8 -0.4
FLJH Franklin FTSE Japan Hedged ETF 82.4 9 39 5.8 -0.4
BBJP JPMorgan BetaBuilders Japan ETF 80.8 19 29 6.1 -0.1
EWJ iShares MSCI Japan ETF 79.7 50 -2 5.6 -0.6
DBJP Xtrackers MSCI Japan Hedged Equity ETF 79.6 47 1 5.7 -0.5
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 70.5 25 23 6.2 0.0
DXJ WisdomTree Japan Hedged Equity Fund 55.2 48 0 6.7 +0.5
IPAC iShares Core MSCI Pacific ETF 54.6 9 39 6.0 -0.2
EWJV iShares MSCI Japan Value ETF 49.1 15 33 7.9 +1.8
VPL Vanguard FTSE Pacific ETF 47.7 7 41 6.3 +0.1
INEQ Columbia International Equity Income ETF 28.1 45 3 7.5 +1.4
IVLU iShares MSCI Intl Value Factor ETF 27.2 30 18 9.6 +3.5
IQSI IQ Candriam International Equity ETF 25.6 15 33 6.2 +0.1
FJP First Trust Japan AlphaDEX Fund 25.5 80 -32 7.9 +1.8
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 25.2 14 34 5.9 -0.3
DMXF iShares ESG Advanced MSCI EAFE ETF 25.0 12 36 5.4 -0.8
CEFA Global X S&P Catholic Values Developed ex-US ETF 24.8 35 13 6.3 +0.1
HFXI IQ FTSE International Equity Currency Neutral ETF 24.5 20 28 6.6 +0.4
GSID Goldman Sachs MarketBeta International Equity ETF 24.4 20 28 6.5 +0.3
JHMD John Hancock Multifactor Developed International ETF 23.2 39 9 7.1 +1.0
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 22.1 36 12 6.3 +0.2
JIRE JPMorgan International Research Enhanced Equity ETF 22.0 24 24 6.8 +0.7
BKIE BNY Mellon International Equity ETF 21.8 4 44 6.6 +0.5
EFG iShares MSCI EAFE Growth ETF 21.6 36 12 4.1 -2.0
EFA iShares MSCI EAFE ETF 21.3 35 13 6.4 +0.2
VIGI Vanguard International Dividend Appreciation ETF 21.2 10 38 6.3 +0.2
ESGD iShares ESG Aware MSCI EAFE ETF 21.1 20 28 6.3 +0.1
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 21.1 24 24 7.1 +0.9
FENI Fidelity Enhanced International ETF 21.0 28 20 6.2 +0.0
PATN Pacer Nasdaq International Patent Leaders ETF 20.9 65 -17 5.4 -0.8
FNDF Schwab Fundamental International Large Co. Index ETF 20.8 25 23 8.9 +2.8
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 20.7 20 28 6.1 -0.1
EFV iShares MSCI EAFE Value ETF 20.7 34 14 8.5 +2.3
IEFA iShares Core MSCI EAFE ETF 20.5 7 41 6.7 +0.5
DIVI Franklin International Core Dividend Tilt Index ETF 20.2 9 39 7.5 +1.4
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 20.0 45 3 8.4 +2.2
DIHP Dimensional International High Profitability ETF 19.8 29 19 6.6 +0.4
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 19.7 39 9 6.4 +0.2
QEFA SPDR MSCI EAFE StrategicFactors ETF 19.6 30 18 6.7 +0.5
IMTM iShares MSCI Intl Momentum Factor ETF 19.2 30 18 5.2 -1.0
NUDM Nuveen ESG International Developed Markets Equity ETF 18.7 31 17 5.9 -0.3
SPDW SPDR Portfolio Developed World ex-US ETF 18.6 3 45 6.7 +0.5
SCHF Schwab International Equity ETF 18.5 6 42 6.8 +0.6
JPIN J.P. Morgan Diversified Return International Equity ETF 18.3 37 11 7.8 +1.6
IDEV iShares Core MSCI International Developed Markets ETF 18.2 4 44 6.7 +0.5
STXI Strive International Developed Markets ETF 18.0 29 19 6.3 +0.2
DFAI Dimensional International Core Equity Market ETF 18.0 18 30 6.8 +0.6
GSIE Goldman Sachs ActiveBeta International Equity ETF 17.9 25 23 6.9 +0.7
DFIV Dimensional International Value ETF 17.5 27 21 8.9 +2.8
VEA Vanguard FTSE Developed Markets ETF 17.4 3 45 6.8 +0.6
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 17.3 20 28 6.1 -0.1
EFAV iShares MSCI EAFE Min Vol Factor ETF 17.1 22 26 5.8 -0.3
IGRO iShares International Dividend Growth ETF 17.1 15 33 7.0 +0.8
INTF iShares International Equity Factor ETF 17.1 15 33 7.3 +1.1
RAYJ Rayliant SMDAM Japan Equity ETF 16.4 72 -24 3.7 -2.5
RFDI First Trust Riverfront Dynamic Developed International ETF 16.4 83 -35 8.9 +2.7
QINT American Century Quality Diversified International ETF 16.4 39 9 6.8 +0.6
DWM WisdomTree International Equity Fund 16.2 48 0 6.9 +0.8
FIVA Fidelity International Value Factor ETF 16.2 18 30 9.2 +3.0
DIM WisdomTree International MidCap Dividend Fund 16.2 58 -10 7.2 +1.0
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 16.1 40 8 7.0 +0.9
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 15.9 12 36 5.7 -0.4
FDT First Trust Developed Markets ex-US AlphaDEX Fund 15.8 80 -32 8.4 +2.3
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 15.6 39 9 7.5 +1.4
DFIC Dimensional International Core Equity 2 ETF 15.5 23 25 7.1 +0.9
GXUS Goldman Sachs MarketBeta Total International Equity ETF 15.4 18 30 7.3 +1.2
IMFL Invesco International Developed Dynamic Multifactor ETF 15.3 34 14 5.8 -0.4
DOL WisdomTree International LargeCap Dividend Fund 15.2 48 0 6.8 +0.6
DFSI Dimensional International Sustainability Core 1 ETF 15.2 24 24 6.2 -0.0
TPIF Timothy Plan International ETF 15.1 62 -14 6.0 -0.2
AVDE Avantis International Equity ETF 15.1 23 25 7.1 +0.9
IDHQ Invesco S&P International Developed High Quality ETF 14.9 29 19 6.3 +0.2
CIL VictoryShares International Volatility Wtd ETF 14.8 45 3 6.4 +0.2
AVSD Avantis Responsible International Equity ETF 14.7 23 25 5.2 -1.0
JHID John Hancock International High Dividend ETF 14.3 46 2 9.2 +3.0
VWID Virtus WMC International Dividend ETF 14.1 49 -1 8.0 +1.8
CGIE Capital Group International Equity ETF 14.1 54 -6 4.9 -1.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 13.7 41 7 7.2 +1.0
VEU Vanguard FTSE All-World ex-US Index Fund 13.5 4 44 7.7 +1.5
AVIV Avantis International Large Cap Value ETF 13.5 25 23 8.3 +2.1
CWI SPDR MSCI ACWI ex-US ETF 13.4 30 18 7.4 +1.2
UMMA Wahed Dow Jones Islamic World ETF 13.2 65 -17 4.8 -1.4
SCJ iShares MSCI Japan Small-Cap ETF 13.0 50 -2 6.5 +0.3
VSGX Vanguard ESG International Stock ETF 13.0 10 38 7.5 +1.4
ACWX iShares MSCI ACWI ex U.S. ETF 13.0 34 14 7.3 +1.1
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 12.9 58 -10 6.8 +0.6
IQDG WisdomTree International Quality Dividend Growth Fund 12.9 42 6 6.9 +0.7
EXI iShares Global Industrials ETF 12.9 42 6 4.4 -1.8
SCZ iShares MSCI EAFE Small-Cap ETF 12.8 40 8 6.8 +0.6
VXUS Vanguard Total International Stock ETF 12.7 5 43 7.6 +1.4
FDEV Fidelity International Multifactor ETF 12.7 18 30 7.4 +1.2
DXIV Dimensional International Vector Equity ETF 12.6 34 14 7.4 +1.3
IQLT iShares MSCI Intl Quality Factor ETF 12.5 30 18 6.1 -0.1
VYMI Vanguard International High Dividend Yield ETF 12.5 17 31 9.0 +2.9
IXUS iShares Core MSCI Total International Stock ETF 12.4 7 41 7.5 +1.3
IQDF FlexShares International Quality Dividend Index Fund 12.4 47 1 8.4 +2.2
PPIE Putnam PanAgora ESG International Equity ETF 12.4 49 -1 7.2 +1.0
JIVE JPMorgan International Value ETF 12.3 55 -7 10.7 +4.5
RODM Hartford Multifactor Developed Markets (ex-US) ETF 12.3 29 19 7.5 +1.3
LVHI Franklin International Low Volatility High Dividend Index ET 11.8 40 8 9.9 +3.7
OEFA ALPS O’Shares International Developed Quality Dividend ETF 11.8 48 0 5.3 -0.8
ICOW Pacer Developed Markets International Cash Cows 100 ETF 11.2 65 -17 10.6 +4.5
IQDY FlexShares International Quality Dividend Dynamic Index Fund 11.1 47 1 7.7 +1.5
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 10.7 32 16 5.9 -0.3
DFAX Dimensional World ex U.S. Core Equity 2 ETF 10.6 30 18 7.5 +1.3
EFAD ProShares MSCI EAFE Dividend Growers ETF 10.5 50 -2 5.8 -0.3
JIG JPMorgan International Growth ETF 10.1 55 -7 4.7 -1.5
RODE Hartford Multifactor Diversified International ETF 9.8 29 19 10.3 +4.2
FNDC Schwab Fundamental International Small Co. Index ETF 9.6 39 9 5.7 -0.5
RXI iShares Global Consumer Discretionary ETF 9.5 41 7 8.3 +2.1
DTAN Sparkline International Intangible Value ETF 9.5 55 -7 8.2 +2.0
FIDI Fidelity International High Dividend ETF 9.4 18 30 8.0 +1.8
KNO AXS Knowledge Leaders ETF 9.2 78 -30 5.6 -0.5
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 9.1 65 -17 4.6 -1.6
WLDR Affinity World Leaders Equity ETF 9.0 67 -19 7.2 +1.1
UIVM VictoryShares International Value Momentum ETF 8.8 35 13 8.4 +2.3
ACWV iShares MSCI Global Min Vol Factor ETF 8.5 20 28 5.7 -0.5
NXTG First Trust Indxx NextG ETF 8.1 70 -22 4.9 -1.3
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 8.1 42 6 6.6 +0.4
DSTX Distillate International Fundamental Stability & Value ETF 8.0 55 -7 7.6 +1.4
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 8.0 80 -32 5.8 -0.3
BULD Pacer BlueStar Engineering the Future ETF 7.9 60 -12 0.4 -5.8
GCOW Pacer Global Cash Cows Dividend ETF 7.7 60 -12 10.3 +4.1
QTUM Defiance Quantum ETF 7.6 40 8 5.0 -1.1
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 7.5 49 -1 6.8 +0.6
IBOT Vaneck Robotics ETF 7.5 47 1 4.0 -2.2
ESGG FlexShares STOXX Global ESG Select Index Fund 7.2 42 6 5.2 -0.9
QWLD SPDR MSCI World StrategicFactors ETF 7.1 30 18 5.7 -0.4
DGT State Street SPDR Global Dow ETF 7.0 50 -2 6.6 +0.4
WRND IQ Global Equity R&D Leaders ETF 7.0 18 30 7.5 +1.4
RGEF Rockefeller Global Equity ETF 7.0 55 -7 4.6 -1.6
IDLV Invesco S&P International Developed Low Volatility ETF 6.8 25 23 6.5 +0.3
IXP iShares Global Comm Services ETF 6.7 42 6 5.7 -0.4
CLNR IQ Cleaner Transport ETF 6.7 45 3 5.2 -1.0
IVAL Alpha Architect International Quantitative Value ETF 6.7 49 -1 10.0 +3.8
DTH WisdomTree International High Dividend Fund 6.4 58 -10 7.9 +1.8
CGXU Capital Group International Focus Equity ETF 6.3 54 -6 5.4 -0.8
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 6.1 47 1 5.8 -0.3
WWJD Inspire International ETF 5.9 80 -32 7.1 +1.0
AIVI WisdomTree International AI Enhanced Value Fund 5.9 58 -10 6.7 +0.5
ITOL Tema International Durable Quality ETF 5.8 60 -12 5.7 -0.5
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 5.7 9 39 8.9 +2.7
FEOE First Eagle Overseas Equity ETF 5.6 79 -31 6.8 +0.7
CGDG Capital Group Dividend Growers ETF 5.5 47 1 6.0 -0.2
OSEA Harbor International Compounders ETF 5.4 55 -7 4.8 -1.4
MOTI VanEck Morningstar International Moat ETF 5.2 58 -10 10.6 +4.4
BKCI BNY Mellon Concentrated International ETF 5.1 80 -32 5.1 -1.1
URTH iShares MSCI World ETF 5.1 24 24 4.9 -1.2
GLOF iShares Global Equity Factor ETF 5.1 20 28 6.6 +0.5
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 5.1 80 -32 4.2 -2.0
WBAT WisdomTree Battery Value Chain and Innovation Fund 5.0 45 3 1.7 -4.5
GEW Cambria Global EW ETF 5.0 29 19 5.9 -0.3
ROBO ROBO Global Robotics & Automation Index ETF 4.9 95 -47 3.2 -3.0
IXG iShares Global Financials ETF 4.8 42 6 6.6 +0.4
GTEK Goldman Sachs Future Tech Leaders Equity ETF 4.8 75 -27 3.0 -3.2
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 4.7 25 23 6.0 -0.2
FBOT Fidelity Disruptive Automation ETF 4.7 50 -2 3.4 -2.8
KLMT Invesco MSCI Global Climate 500 ETF 4.7 10 38 5.6 -0.6
VT Vanguard Total World Stock ETF 4.6 6 42 5.7 -0.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 4.6 9 39 5.5 -0.7
ACWI iShares MSCI ACWI ETF 4.6 32 16 5.3 -0.8
IDMO Invesco S&P International Developed Momentum ETF 4.5 25 23 5.8 -0.4
AVDS Avantis International Small Cap Equity ETF 4.5 30 18 6.7 +0.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 4.4 20 28 5.3 -0.8
DWMF WisdomTree International Multifactor Fund 4.4 38 10 7.0 +0.8
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 4.4 65 -17 1.9 -4.3
DWX SPDR S&P International Dividend ETF 4.3 45 3 7.2 +1.0
GINN Goldman Sachs Innovate Equity ETF 4.2 52 -4 3.6 -2.5
KNCT Invesco Next Gen Connectivity ETF 4.2 40 8 4.6 -1.6
FEGE First Eagle Global Equity ETF 4.1 79 -31 6.5 +0.3
GLBL Pacer MSCI World Industry Advantage ETF 4.1 65 -17 4.1 -2.1
KXI iShares Global Consumer Staples ETF 4.1 41 7 5.7 -0.5
BINV Brandes International ETF 4.0 70 -22 9.2 +3.0
MOTG VanEck Morningstar Global Wide Moat ETF 4.0 52 -4 8.9 +2.7
JSTC Adasina Social Justice All Cap Global ETF 3.9 89 -41 4.8 -1.4
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 3.9 75 -27 3.5 -2.7
IMOM Alpha Architect International Quantitative Momentum ETF 3.9 49 -1 4.7 -1.5
OAIM OneAscent International Equity ETF 3.9 95 -47 5.3 -0.8
CARZ First Trust NASDAQ Global Auto Index Fund 3.8 70 -22 4.0 -2.1
DRIV Global X Autonomous & Electric Vehicles ETF 3.8 68 -20 4.7 -1.4
BNGE First Trust S-Network Streaming and Gaming ETF 3.7 70 -22 2.6 -3.5
IBAT iShares Energy Storage & Materials ETF 3.6 47 1 2.6 -3.5
ARVR First Trust Indxx Metaverse ETF 3.6 70 -22 3.9 -2.2
BLES Inspire Global Hope ETF 3.5 61 -13 6.8 +0.6
DFIS Dimensional International Small Cap ETF 3.5 39 9 7.0 +0.9
IDOG ALPS International Sector Dividend Dogs ETF 3.4 50 -2 11.4 +5.3
IPKW Invesco International BuyBack Achievers ETF 3.4 55 -7 8.8 +2.6
IXJ iShares Global Healthcare ETF 3.3 42 6 6.6 +0.4
SDG iShares MSCI Global Sustainable Development Goals ETF 3.3 49 -1 5.1 -1.0
FDTX Fidelity Disruptive Technology ETF 3.2 50 -2 2.6 -3.5
MJSC MUFG Japan Small Cap Active ETF 3.2 85 -37 5.8 -0.4
NUKZ Range Nuclear Renaissance Index ETF 3.2 85 -37 1.2 -5.0
FYLD Cambria Foreign Shareholder Yield ETF 3.2 59 -11 11.1 +5.0
DLS WisdomTree International SmallCap Dividend Fund 3.1 58 -10 7.9 +1.8
MXI iShares Global Materials ETF 3.1 41 7 7.2 +1.0
URA Global X Uranium ETF 3.0 69 -21 1.1 -5.0
RAYD Rayliant Quantitative Developed Market Equity ETF 3.0 80 -32 4.5 -1.7
IXN iShares Global Tech ETF 3.0 41 7 3.5 -2.6
DINT Davis Select International ETF 3.0 55 -7 7.8 +1.6
KOCG FIS Knights of Columbus Global Belief ETF 3.0 75 -27 4.9 -1.3
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.0 12 36 4.9 -1.3
IPAV Global X Infrastructure Development ex-U.S. ETF 2.9 55 -7 6.6 +0.4
BOTZ Global X Robotics & Artificial Intelligence ETF 2.9 69 -21 2.1 -4.1
DFJ WisdomTree Japan SmallCap Dividend Fund 2.9 58 -10 7.2 +1.0
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 2.9 58 -10 7.1 +1.0
VNQI Vanguard Global ex-U.S. Real Estate ETF 2.8 12 36 8.1 +2.0
METV Roundhill Ball Metaverse ETF 2.8 59 -11 8.9 +2.8
AVDV Avantis International Small Cap Value ETF 2.7 36 12 8.7 +2.5
XT iShares Exponential Technologies ETF 2.7 46 2 4.5 -1.7
TEMP JPMorgan Climate Change Solutions ETF 2.7 49 -1 5.8 -0.4
NERD Roundhill Video Games ETF 2.6 50 -2 6.6 +0.5
JGLO JPMorgan Global Select Equity ETF 2.6 33 15 5.0 -1.2
ESPO VanEck Video Gaming and eSports ETF 2.5 56 -8 5.3 -0.9
ODDS Pacer BlueStar Digital Entertainment ETF 2.5 60 -12 3.0 -3.1
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 2.5 10 38 6.6 +0.5
JDOC JPMorgan Healthcare Leaders ETF 2.4 65 -17 3.8 -2.4
GGME Invesco Next Gen Media and Gaming ETF 2.4 60 -12 5.0 -1.2
MDEV First Trust Indxx Medical Devices ETF 2.3 70 -22 4.7 -1.5
HUMN Roundhill Humanoid Robotics ETF 2.3 75 -27 1.2 -5.0
CGGO Capital Group Global Growth Equity ETF 2.3 47 1 4.4 -1.8
HERO Global X Video Games & Esports ETF 2.2 50 -2 4.5 -1.7
FICS First Trust International Developed Capital Strength ETF 2.1 70 -22 7.3 +1.1
ISCF iShares International SmallCap Equity Factor ETF 2.1 23 25 8.1 +1.9
IFGL iShares International Developed Real Estate ETF 2.1 48 0 6.9 +0.7
ERET iShares Environmentally Aware Real Estate ETF 2.1 30 18 7.3 +1.1
CHAT Roundhill Generative AI & Technology ETF 2.0 75 -27 7.8 +1.7
IOO iShares Global 100 ETF 2.0 41 7 4.5 -1.6
AIQ Global X Artificial Intelligence & Technology ETF 2.0 68 -20 3.6 -2.6
FPXI First Trust International Equity Opportunities ETF 1.9 70 -22 4.4 -1.8
ARTY iShares Future AI & Tech ETF 1.9 47 1 3.6 -2.6
IVES Wedbush ETFMG Global Cloud Technology ETF 1.9 68 -20 6.0 -0.2
AIVC Amplify Bloomberg AI Value Chain ETF 1.9 59 -11 5.7 -0.4
CZAR Themes Natural Monopoly ETF 1.9 35 13 5.6 -0.6
CANC Tema Oncology ETF 1.8 75 -27 -2.4 -8.5
DTEC ALPS Disruptive Technologies ETF 1.8 50 -2 3.7 -2.5
IVRS iShares Future Metaverse Tech and Communications ETF 1.8 47 1 3.1 -3.0
AGNG Global X Aging Population ETF 1.8 50 -2 4.5 -1.7
SHPP Pacer Industrials and Logistics ETF 1.8 60 -12 8.3 +2.2
ANEW ProShares MSCI Transformational Changes ETF 1.8 45 3 5.3 -0.9
CCNR ALPS CoreCommodity Natural Resources ETF 1.8 39 9 8.3 +2.2
TTAI FCF International Quality ETF 1.7 59 -11 7.4 +1.2
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 1.7 80 -32 10.6 +4.5
FAN First Trust Global Wind Energy ETF 1.7 60 -12 4.3 -1.9
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.7 65 -17 8.0 +1.8
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 1.6 8 40 7.1 +0.9
AGQI First Trust Active Global Quality Income ETF 1.6 85 -37 5.2 -1.0
SCHC Schwab International Small-Cap Equity ETF 1.5 11 37 7.3 +1.1
FPAG FPA Global Equity ETF 1.5 49 -1 5.6 -0.6
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.5 58 -10 4.4 -1.8
OCEN IQ Clean Oceans ETF 1.5 45 3 5.3 -0.8
GDOC Goldman Sachs Future Health Care Equity ETF 1.5 75 -27 2.6 -3.6
IGPT Invesco AI and Next Gen Software ETF 1.5 60 -12 4.4 -1.8
EV Mast Global Battery Recycling & Production ETF 1.4 65 -17 7.6 +1.5
GWX SPDR S&P International Small Cap ETF 1.4 40 8 6.5 +0.3
LIT Global X Lithium & Battery Tech ETF 1.4 75 -27 6.5 +0.4
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 1.4 68 -20 6.4 +0.3
JXI iShares Global Utilities ETF 1.3 43 5 5.6 -0.6
DEW WisdomTree Global High Dividend Fund 1.3 58 -10 8.1 +2.0
PICK iShares MSCI Global Metals & Mining Producers ETF 1.3 39 9 10.6 +4.4
EFAS Global X MSCI SuperDividend EAFE ETF 1.3 57 -9 8.4 +2.2
ION ProShares S&P Global Core Battery Metals ETF 1.3 58 -10 7.3 +1.1
SCHY Schwab International Dividend Equity ETF 1.3 14 34 9.6 +3.4
GSFP Goldman Sachs Future Planet Equity ETF 1.3 75 -27 4.4 -1.8
TMFG Motley Fool Global Opportunities ETF 1.2 85 -37 4.0 -2.1
HYDR Global X Hydrogen ETF 1.2 50 -2 -6.3 -12.5
MOTO SmartETFs Smart Transportation & Technology ETF 1.2 68 -20 6.4 +0.3
JAPN Horizon Kinetics Japan Owner Operator ETF 1.1 85 -37 5.4 -0.8
HAP VanEck Natural Resources ETF 1.1 50 -2 8.8 +2.6
BATT Amplify Lithium & Battery Technology ETF 1.1 59 -11 1.9 -4.2
IQRA IQ CBRE Real Assets ETF 1.1 65 -17 5.7 -0.5
OZEM Roundhill GLP-1 & Weight Loss ETF 1.0 59 -11 5.5 -0.7
THNR Amplify Weight Loss Drug & Treatment ETF 1.0 59 -11 7.0 +0.8
VIDI Vident International Equity Strategy ETF 1.0 61 -13 10.3 +4.2
RWO SPDR Dow Jones Global Real Estate ETF 0.9 50 -2 7.0 +0.8
RWX SPDR Dow Jones International Real Estate ETF 0.9 59 -11 6.8 +0.6
GQRE FlexShares Global Quality Real Estate Index Fund 0.9 45 3 7.9 +1.7
IXC iShares Global Energy ETF 0.9 44 4 9.8 +3.7
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.9 56 -8 10.6 +4.4
AKAF The Frontier Economic Fund 0.8 20 28 6.3 +0.1
IQM Franklin Intelligent Machines ETF 0.8 50 -2 2.0 -4.2
HART IQ Healthy Hearts ETF 0.8 45 3 6.0 -0.1
HRTS Tema Heart & Health ETF 0.8 75 -27 2.2 -4.0
ARKX ARK Space Exploration & Innovation ETF 0.8 75 -27 0.3 -5.9
DISV Dimensional International Small Cap Value ETF 0.7 42 6 8.9 +2.8
WTAI WisdomTree Artificial Intelligence and Innovation Fund 0.7 45 3 2.5 -3.6
SAGP Strategas Global Policy Opportunities ETF 0.7 65 -17 5.5 -0.7
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.7 72 -24 -1.3 -7.5
CRAK VanEck Oil Refiners ETF 0.7 61 -13 11.6 +5.4
GNR SPDR S&P Global Natural Resources ETF 0.6 40 8 10.2 +4.1
SNSR Global X Internet of Things ETF 0.5 68 -20 4.8 -1.4
FDCF Fidelity Disruptive Communications ETF 0.5 50 -2 3.9 -2.3
CGDV Capital Group Dividend Value ETF 0.5 33 15 4.6 -1.6
EFRA iShares Environmental Infrastructure and Industrials ETF 0.5 47 1 5.3 -0.8
RCGE RockCreek Global Equality ETF 0.5 95 -47 6.6 +0.4
FTAG First Trust Indxx Global Agriculture ETF 0.5 70 -22 8.3 +2.2
HTEC ROBO Global Healthcare Technology and Innovation ETF 0.5 68 -20 1.9 -4.3
OND ProShares On-Demand ETF 0.5 58 -10 -0.6 -6.7
POW VistaShares Electrification Supercycle ETF 0.5 75 -27 3.5 -2.7
FID First Trust S&P International Dividend Aristocrats ETF 0.5 60 -12 7.7 +1.5
WDIV SPDR S&P Global Dividend ETF 0.5 40 8 9.0 +2.8
FDNI First Trust Dow Jones International Internet ETF 0.5 65 -17 23.1 +16.9
JETS U.S. Global Jets ETF 0.4 60 -12 2.7 -3.4
AIRL Themes Airlines ETF 0.4 35 13 2.2 -3.9
MOO VanEck Agribusiness ETF 0.4 53 -5 10.6 +4.4
BOAT SonicShares Global Shipping ETF 0.4 69 -21 26.3 +20.1
CGV Conductor Global Equity Value ETF 0.4 130 -82 7.7 +1.6
PIO Invesco Global Water ETF 0.4 75 -27 4.4 -1.8
KROP Global X AgTech & Food Innovation ETF 0.3 50 -2 8.0 +1.9
VEGI iShares MSCI Agriculture Producers ETF 0.3 39 9 9.0 +2.9
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.3 46 2 5.7 -0.5
SOCL Global X Social Media ETF 0.3 65 -17 11.0 +4.8
BMED Future Health ETF 0.3 85 -37 0.2 -5.9
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.3 85 -37 3.5 -2.7
BCDF Horizon Kinetics Blockchain Development ETF 0.3 85 -37 4.3 -1.9
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.3 86 -38 14.3 +8.1
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.3 60 -12 10.8 +4.6
FMET Fidelity Metaverse ETF 0.3 39 9 4.8 -1.4
BCOR Grayscale Bitcoin Adopters ETF 0.3 59 -11 2.3 -3.9
ETEC iShares Breakthrough Environmental Solutions ETF 0.3 47 1 3.5 -2.7
ICLN iShares Global Clean Energy ETF 0.3 41 7 3.2 -3.0
VCLN Virtus Duff & Phelps Clean Energy ETF 0.3 59 -11 4.1 -2.1
WOOD iShares Global Timber & Forestry ETF 0.2 42 6 13.0 +6.9
SUPL ProShares Supply Chain Logistics ETF 0.2 58 -10 10.2 +4.1
COPX Global X Copper Miners ETF 0.2 65 -17 5.6 -0.6
DMAT Global X Disruptive Materials ETF 0.2 59 -11 6.8 +0.6
GMET VanEck Green Metals ETF 0.2 63 -15 7.2 +1.0
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.2 85 -37 6.2 +0.0
STCE Schwab Crypto Thematic ETF 0.2 30 18 3.3 -2.9
CRTC Xtrackers US National Critical Technologies ETF 0.2 35 13 4.8 -1.4
ARKF ARK Fintech Innovation ETF 0.2 75 -27 0.2 -5.9
ISHP First Trust Nasdaq Retail ETF 0.2 60 -12 5.7 -0.5
TBLU Tortoise Global Water ESG ETF 0.2 40 8 4.6 -1.6
TRFK Pacer Data and Digital Revolution ETF 0.2 60 -12 3.1 -3.1
BLOK Amplify Transformational Data Sharing ETF 0.2 75 -27 0.5 -5.7
TINY ProShares Nanotechnology ETF 0.2 58 -10 3.5 -2.6
FDRR Fidelity Dividend ETF for Rising Rates 0.1 15 33 6.8 +0.6
FDVV Fidelity High Dividend ETF 0.1 15 33 7.6 +1.4
DVYA iShares Asia/Pacific Dividend ETF 0.1 49 -1 7.3 +1.1
IDNA iShares Genomics Immunology and Healthcare ETF 0.1 47 1 -2.6 -8.8
EBLU Ecofin Global Water ESG Fund 0.1 40 8 4.5 -1.6
URAN Themes Uranium & Nuclear ETF 0.1 35 13 1.3 -4.8
IBUY Amplify Online Retail ETF 0.1 65 -17 1.7 -4.5
AZTD Aztlan Global Stock Selection DM SMID ETF 0.1 75 -27 6.4 +0.2
IBLC iShares Blockchain and Tech ETF 0.1 47 1 -1.5 -7.6
BUG Global X Cybersecurity ETF 0.1 51 -3 2.9 -3.3
CIBR First Trust NASDAQ Cybersecurity ETF 0.1 60 -12 4.2 -2.0
HACK ETFMG Prime Cyber Security ETFMG Prime Cyber Security Fund 0.1 60 -12 3.1 -3.1
IHAK iShares Cybersecurity & Tech ETF 0.1 47 1 4.6 -1.6
WCBR WisdomTree Cybersecurity Fund 0.1 45 3 2.0 -4.2
XDAT Franklin Exponential Data ETF 0.1 50 -2 2.4 -3.8
SPAM Themes Cybersecurity ETF 0.1 35 13 2.8 -3.4
PRNT 3D Printing ETF 0.1 66 -18 1.8 -4.3
BLLD JPMorgan Sustainable Infrastructure ETF 0.1 49 -1 5.9 -0.3
CUT Invesco MSCI Global Timber ETF 0.1 61 -13 10.8 +4.6
BJK VanEck Gaming ETF 0.1 65 -17 4.0 -2.2
AQWA Global X Clean Water ETF 0.1 50 -2 5.0 -1.1
CGW Invesco S&P Global Water Index ETF 0.1 57 -9 4.7 -1.5
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 0.1 75 -27 7.1 +1.0
SMOG VanEck Low Carbon Energy ETF 0.1 61 -13 1.5 -4.6
BUYZ Franklin Disruptive Commerce ETF 0.1 50 -2 2.5 -3.6
CLOU Global X Cloud Computing ETF 0.1 68 -20 2.8 -3.4
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 0.0 75 -27 5.9 -0.3
FDIG Fidelity Crypto Industry and Digital Payments ETF 0.0 39 9 -0.8 -7.0
FDHT Fidelity Digital Health ETF 0.0 39 9 1.5 -4.7
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.0 39 9 -1.3 -7.5

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

  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

Content on this tab for subscribers only

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 1.4 x
Less: Expense ratio 48 bp
Equals: ALTAR Score 6.2 %
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.