iShares JPX-Nikkei 400 ETF
ALTAR
Score™		 5.8% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 16.3x P/Sales
ratio		 1.0x
P/BV
ratio		 1.3x Div.
yield		 3.6%


  • 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) $189
Currency USD
Expense ratio 48 bp
Distributions Semi-annual

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 393
Wgt avg mkt cap (mns) $47,748
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
MITSUI & CO LTD 2.3 %
MITSUBISHI CORP 2.3 %
ADVANTEST CORP 2.1 %
MIZUHO FINANCIAL GROUP INC 1.9 %
SUMITOMO MITSUI FINANCIAL GR 1.8 %
MITSUBISHI ELECTRIC CORP 1.7 %
MITSUBISHI HEAVY INDUSTRIES 1.7 %
TOKYO ELECTRON LTD 1.6 %
ITOCHU CORP 1.6 %
SHIN-ETSU CHEMICAL CO LTD 1.6 %
Total 18.5 %

TOP COUNTRY EXPOSURE
JAPAN 100.5 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
15.4% 42.1% 9.0% 9.9% 5.6%

Market Correlations
versus... Beta R-squared
S&P500 0.69 49%
MSCI EAFE 1.00 75%
MSCI Emg. Mkts. 0.71 46%

Technical Indicators
Recent close $90.08
30d moving avg. $96.08
Annualized volatility 13.2%
Short interest (ETF) 0.1%
Relative strength (RSI) 45

Liquidity measures
Avg. volume (thou.) 135
Turnover 6.4%
Bid/Ask (% of price) 0.15%
ADV underlying (mns) $18,552

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 366 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™: 5.8%


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 77.4 9 39 5.8 -0.0
BBJP JPMorgan BetaBuilders Japan ETF 77.0 19 29 5.7 -0.1
FLJH Franklin FTSE Japan Hedged ETF 76.4 9 39 5.6 -0.3
DBJP Xtrackers MSCI Japan Hedged Equity ETF 75.3 47 1 5.1 -0.7
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 68.7 25 23 5.9 +0.1
DXJ WisdomTree Japan Hedged Equity Fund 59.8 48 0 5.7 -0.1
IPAC iShares Core MSCI Pacific ETF 55.4 9 39 5.8 +0.0
EWJV iShares MSCI Japan Value ETF 49.6 15 33 7.5 +1.6
VPL Vanguard FTSE Pacific ETF 45.4 7 41 5.9 +0.1
FJP First Trust Japan AlphaDEX Fund 29.5 80 -32 7.7 +1.9
IVLU iShares MSCI Intl Value Factor ETF 27.5 30 18 8.6 +2.8
DMXF iShares ESG Advanced MSCI EAFE ETF 26.8 12 36 5.3 -0.5
CEFA Global X S&P Catholic Values Developed ex-US ETF 25.7 35 13 6.0 +0.2
JIVE JPMorgan International Value ETF 24.1 55 -7 9.0 +3.2
IQSI IQ Candriam International Equity ETF 23.8 15 33 5.8 +0.0
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 22.3 14 34 5.7 -0.2
GSID Goldman Sachs MarketBeta International Equity ETF 22.0 20 28 6.2 +0.4
EFG iShares MSCI EAFE Growth ETF 21.8 36 12 4.0 -1.9
EFA iShares MSCI EAFE ETF 21.5 35 13 6.1 +0.2
ESGD iShares ESG Aware MSCI EAFE ETF 21.3 20 28 6.1 +0.3
PATN Pacer Nasdaq International Patent Leaders ETF 21.2 65 -17 4.9 -0.9
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 20.9 20 28 5.9 +0.1
IEFA iShares Core MSCI EAFE ETF 20.8 7 41 6.4 +0.6
HFXI IQ FTSE International Equity Currency Neutral ETF 20.8 20 28 6.1 +0.3
JHMD John Hancock Multifactor Developed International ETF 20.8 39 9 6.5 +0.7
EFV iShares MSCI EAFE Value ETF 20.7 34 14 8.0 +2.2
VIGI Vanguard International Dividend Appreciation ETF 20.6 10 38 6.2 +0.4
IMTM iShares MSCI Intl Momentum Factor ETF 20.5 30 18 5.0 -0.8
FNDF Schwab Fundamental International Large Co. Index ETF 20.5 25 23 8.0 +2.2
DIVI Franklin International Core Dividend Tilt Index ETF 20.4 9 39 7.0 +1.2
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 20.3 58 -10 5.8 -0.0
FENI Fidelity Enhanced International ETF 20.1 28 20 6.1 +0.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 20.0 45 3 7.3 +1.5
DIHP Dimensional International High Profitability ETF 19.9 29 19 5.9 +0.1
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 19.8 36 12 5.7 -0.2
JIRE JPMorgan International Research Enhanced Equity ETF 19.8 24 24 6.1 +0.3
QEFA SPDR MSCI EAFE StrategicFactors ETF 19.5 30 18 6.3 +0.5
BKIE BNY Mellon International Equity ETF 19.2 4 44 6.3 +0.5
IVSI Applied Finance IVS International LrgETF 19.0 65 -17 6.4 +0.6
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 18.8 24 24 7.1 +1.3
SPDW SPDR Portfolio Developed World ex-US ETF 18.5 3 45 6.3 +0.4
IDEV iShares Core MSCI International Developed Markets ETF 18.4 4 44 6.3 +0.5
IGRO iShares International Dividend Growth ETF 18.3 15 33 7.0 +1.2
STXI Strive International Developed Markets ETF 18.3 29 19 6.0 +0.2
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 18.3 39 9 6.4 +0.6
SCHF Schwab International Equity ETF 18.2 6 42 6.4 +0.6
DFAI Dimensional International Core Equity Market ETF 18.1 18 30 6.3 +0.5
DFIV Dimensional International Value ETF 17.7 27 21 8.2 +2.4
NUDM Nuveen ESG International Developed Markets Equity ETF 17.4 31 17 5.9 +0.1
DWM WisdomTree International Equity Fund 17.1 48 0 5.9 +0.1
INTF iShares International Equity Factor ETF 17.1 15 33 6.8 +1.0
VEA Vanguard FTSE Developed Markets ETF 17.1 3 45 6.4 +0.6
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 16.9 40 8 5.9 +0.1
EFAV iShares MSCI EAFE Min Vol Factor ETF 16.9 22 26 5.7 -0.1
FDT First Trust Developed Markets ex-US AlphaDEX Fund 16.8 80 -32 7.2 +1.4
JPIN J.P. Morgan Diversified Return International Equity ETF 16.6 37 11 7.3 +1.5
FIVA Fidelity International Value Factor ETF 16.6 18 30 7.9 +2.0
RFDI First Trust Riverfront Dynamic Developed International ETF 16.5 83 -35 8.1 +2.3
DIM WisdomTree International MidCap Dividend Fund 16.5 58 -10 6.5 +0.7
TPIF Timothy Plan International ETF 16.5 62 -14 5.8 -0.1
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 16.5 20 28 5.9 +0.0
INEQ Columbia International Equity Income ETF 16.4 45 3 7.9 +2.1
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 16.3 12 36 5.6 -0.2
GSIE Goldman Sachs ActiveBeta International Equity ETF 16.3 25 23 6.5 +0.6
CIL VictoryShares International Volatility Wtd ETF 16.1 45 3 5.7 -0.1
DFIC Dimensional International Core Equity 2 ETF 15.5 23 25 6.5 +0.7
DFSI Dimensional International Sustainability Core 1 ETF 15.3 24 24 5.9 +0.0
PPIE Putnam PanAgora ESG International Equity ETF 15.2 49 -1 6.8 +1.0
CGIE Capital Group International Equity ETF 15.2 54 -6 4.8 -1.0
DOL WisdomTree International LargeCap Dividend Fund 14.9 48 0 6.1 +0.3
IMFL Invesco International Developed Dynamic Multifactor ETF 14.8 34 14 5.4 -0.4
IQDG WisdomTree International Quality Dividend Growth Fund 14.7 42 6 6.0 +0.2
RAYJ Rayliant SMDAM Japan Equity ETF 14.5 72 -24 3.3 -2.5
IDHQ Invesco S&P International Developed High Quality ETF 14.1 29 19 5.8 +0.0
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 14.0 39 9 7.3 +1.5
EXI iShares Global Industrials ETF 13.6 42 6 3.7 -2.1
QINT American Century Quality Diversified International ETF 13.6 39 9 7.0 +1.2
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 13.6 58 -10 5.6 -0.3
AVDE Avantis International Equity ETF 13.5 23 25 6.5 +0.7
DWMF WisdomTree International Multifactor Fund 13.5 38 10 6.8 +1.0
CWI SPDR MSCI ACWI ex-US ETF 13.4 30 18 6.9 +1.1
VEU Vanguard FTSE All-World ex-US Index Fund 13.4 4 44 7.2 +1.4
VWID Virtus WMC International Dividend ETF 13.3 49 -1 7.6 +1.8
GXUS Goldman Sachs MarketBeta Total International Equity ETF 13.3 18 30 6.8 +1.0
AVSD Avantis Responsible International Equity ETF 13.1 23 25 6.3 +0.5
SCJ iShares MSCI Japan Small-Cap ETF 13.1 50 -2 6.0 +0.2
ACWX iShares MSCI ACWI ex U.S. ETF 13.0 34 14 6.8 +1.0
SCZ iShares MSCI EAFE Small-Cap ETF 12.9 40 8 6.5 +0.7
AVIV Avantis International Large Cap Value ETF 12.7 25 23 7.3 +1.5
VSGX Vanguard ESG International Stock ETF 12.7 10 38 7.1 +1.3
UMMA Wahed Dow Jones Islamic World ETF 12.7 65 -17 4.1 -1.7
VYMI Vanguard International High Dividend Yield ETF 12.7 17 31 8.4 +2.6
VXUS Vanguard Total International Stock ETF 12.6 5 43 7.1 +1.3
IXUS iShares Core MSCI Total International Stock ETF 12.5 7 41 7.0 +1.2
IQLT iShares MSCI Intl Quality Factor ETF 12.4 30 18 5.7 -0.1
DXIV Dimensional International Vector Equity ETF 12.2 34 14 6.9 +1.1
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 12.2 32 16 5.4 -0.5
LVHI Franklin International Low Volatility High Dividend Index ET 12.1 40 8 7.7 +1.8
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 11.9 41 7 6.5 +0.6
IQDY FlexShares International Quality Dividend Dynamic Index Fund 11.7 47 1 8.0 +2.2
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 11.6 42 6 4.3 -1.6
FRGN Horizon International Equity ETF 11.3 75 -27 8.7 +2.9
OEFA ALPS O’Shares International Developed Quality Dividend ETF 10.9 48 0 4.6 -1.3
FDEV Fidelity International Multifactor ETF 10.6 18 30 7.3 +1.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 10.6 30 18 6.8 +1.0
IQDF FlexShares International Quality Dividend Index Fund 10.3 47 1 8.1 +2.3
UIVM VictoryShares International Value Momentum ETF 10.1 35 13 8.7 +2.8
JHID John Hancock International High Dividend ETF 10.1 46 2 8.4 +2.5
CGXU Capital Group International Focus Equity ETF 9.8 54 -6 4.4 -1.5
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 9.6 65 -17 4.3 -1.5
RXI iShares Global Consumer Discretionary ETF 9.6 41 7 8.1 +2.3
RODM Hartford Multifactor Developed Markets (ex-US) ETF 9.0 29 19 7.3 +1.5
EFAD ProShares MSCI EAFE Dividend Growers ETF 8.9 50 -2 5.9 +0.1
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 8.8 80 -32 5.6 -0.3
FIDI Fidelity International High Dividend ETF 8.8 18 30 7.4 +1.6
FNDC Schwab Fundamental International Small Co. Index ETF 8.6 39 9 7.2 +1.4
BULD Pacer BlueStar Engineering the Future ETF 8.5 60 -12 0.5 -5.4
ACWV iShares MSCI Global Min Vol Factor ETF 8.4 20 28 5.7 -0.2
DSTX Distillate International Fundamental Stability & Value ETF 8.4 55 -7 6.8 +1.0
DTAN Sparkline International Intangible Value ETF 8.3 55 -7 7.6 +1.8
ICOW Pacer Developed Markets International Cash Cows 100 ETF 7.8 65 -17 8.1 +2.3
QTUM Defiance Quantum ETF 7.6 40 8 5.0 -0.9
RGEF Rockefeller Global Equity ETF 7.6 55 -7 4.2 -1.7
IVAL Alpha Architect International Quantitative Value ETF 7.4 49 -1 7.9 +2.1
WRND IQ Global Equity R&D Leaders ETF 7.3 18 30 4.3 -1.5
QWLD SPDR MSCI World StrategicFactors ETF 7.3 30 18 5.3 -0.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 7.2 49 -1 6.3 +0.5
DGT State Street SPDR Global Dow ETF 7.1 50 -2 6.1 +0.2
WWJD Inspire International ETF 7.1 80 -32 6.6 +0.7
PIEL Pacer International Export Leaders ETF 6.9 60 -12 4.5 -1.3
NXTG First Trust Indxx NextG ETF 6.9 70 -22 4.8 -1.1
KNO AXS Knowledge Leaders ETF 6.9 78 -30 4.6 -1.2
IBOT Vaneck Robotics ETF 6.8 47 1 3.8 -2.0
CLNR IQ Cleaner Transport ETF 6.8 45 3 3.9 -2.0
JIG JPMorgan International Growth ETF 6.7 55 -7 3.9 -2.0
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 6.6 9 39 7.7 +1.9
IDLV Invesco S&P International Developed Low Volatility ETF 6.4 25 23 6.3 +0.5
ITOL Tema International Durable Quality ETF 6.3 60 -12 5.3 -0.6
FEOE First Eagle Overseas Equity ETF 6.1 79 -31 6.4 +0.6
WSML iShares MSCI World Small-Cap ETF 6.1 15 33 5.8 -0.0
IXP iShares Global Comm Services ETF 6.0 42 6 5.6 -0.3
GCOW Pacer Global Cash Cows Dividend ETF 6.0 60 -12 9.2 +3.4
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 5.5 80 -32 3.8 -2.0
GEW Cambria Global EW ETF 5.5 29 19 5.6 -0.2
URTH iShares MSCI World ETF 5.4 24 24 4.7 -1.2
IXG iShares Global Financials ETF 5.4 42 6 6.8 +1.0
WLDR Affinity World Leaders Equity ETF 5.3 67 -19 6.7 +0.8
GLOF iShares Global Equity Factor ETF 5.3 20 28 6.0 +0.2
CGDG Capital Group Dividend Growers ETF 5.3 47 1 5.3 -0.6
AVDS Avantis International Small Cap Equity ETF 5.3 30 18 6.3 +0.5
AIVI WisdomTree International AI Enhanced Value Fund 5.2 58 -10 6.6 +0.8
DTH WisdomTree International High Dividend Fund 5.1 58 -10 7.6 +1.8
BKCI BNY Mellon Concentrated International ETF 5.1 80 -32 5.1 -0.8
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 5.1 65 -17 1.6 -4.2
ESGG FlexShares STOXX Global ESG Select Index Fund 5.0 42 6 4.5 -1.3
FEGE First Eagle Global Equity ETF 4.9 79 -31 6.2 +0.4
FBOT Fidelity Disruptive Automation ETF 4.8 50 -2 3.2 -2.6
VT Vanguard Total World Stock ETF 4.8 6 42 5.4 -0.4
JGLO JPMorgan Global Select Equity ETF 4.8 33 15 4.5 -1.3
ACWI iShares MSCI ACWI ETF 4.8 32 16 5.0 -0.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 4.8 9 39 5.3 -0.6
KLMT Invesco MSCI Global Climate 500 ETF 4.7 10 38 5.4 -0.5
DWX SPDR S&P International Dividend ETF 4.7 45 3 6.9 +1.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 4.6 20 28 5.1 -0.7
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 4.6 47 1 5.0 -0.8
WBAT WisdomTree Battery Value Chain and Innovation Fund 4.6 45 3 -0.9 -6.8
GLBL Pacer MSCI World Industry Advantage ETF 4.6 65 -17 3.8 -2.0
ROBO ROBO Global Robotics & Automation Index ETF 4.5 95 -47 2.8 -3.0
JSTC Adasina Social Justice All Cap Global ETF 4.5 89 -41 4.8 -1.0
IDMO Invesco S&P International Developed Momentum ETF 4.4 25 23 5.5 -0.3
IMOM Alpha Architect International Quantitative Momentum ETF 4.4 49 -1 4.5 -1.4
GTEK Goldman Sachs Future Tech Leaders Equity ETF 4.3 75 -27 2.6 -3.3
KNCT Invesco Next Gen Connectivity ETF 4.2 40 8 4.0 -1.8
IBAT iShares Energy Storage & Materials ETF 4.1 47 1 2.1 -3.8
FYLD Cambria Foreign Shareholder Yield ETF 3.9 59 -11 10.7 +4.8
KXI iShares Global Consumer Staples ETF 3.9 41 7 5.1 -0.7
CARZ First Trust NASDAQ Global Auto Index Fund 3.9 70 -22 3.2 -2.6
OSEA Harbor International Compounders ETF 3.9 55 -7 4.2 -1.6
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 3.8 25 23 5.7 -0.1
AGQI First Trust Active Global Quality Income ETF 3.7 85 -37 6.7 +0.9
BLES Inspire Global Hope ETF 3.7 61 -13 6.1 +0.3
DRIV Global X Autonomous & Electric Vehicles ETF 3.6 68 -20 3.9 -2.0
IPAV Global X Infrastructure Development ex-U.S. ETF 3.6 55 -7 6.2 +0.4
BINV Brandes International ETF 3.5 70 -22 8.9 +3.1
DFIS Dimensional International Small Cap ETF 3.5 39 9 6.5 +0.6
MOTG VanEck Morningstar Global Wide Moat ETF 3.5 52 -4 7.8 +1.9
IXJ iShares Global Healthcare ETF 3.5 42 6 6.2 +0.4
MXI iShares Global Materials ETF 3.5 41 7 6.2 +0.4
IPKW Invesco International BuyBack Achievers ETF 3.4 55 -7 8.4 +2.5
MJSC MUFG Japan Small Cap Active ETF 3.3 85 -37 5.1 -0.7
URA Global X Uranium ETF 3.3 69 -21 0.7 -5.1
DINT Davis Select International ETF 3.2 55 -7 6.4 +0.6
NUKZ Range Nuclear Renaissance Index ETF 3.2 85 -37 1.3 -4.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.2 12 36 4.8 -1.1
IXN iShares Global Tech ETF 3.1 41 7 3.4 -2.4
BOTZ Global X Robotics & Artificial Intelligence ETF 3.1 69 -21 2.0 -3.8
DLS WisdomTree International SmallCap Dividend Fund 3.0 58 -10 7.7 +1.9
AQLT iShares MSCI Global Quality Factor ETF 3.0 18 30 0.0 -5.8
KOCG FIS Knights of Columbus Global Belief ETF 3.0 75 -27 4.3 -1.5
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 3.0 75 -27 3.8 -2.1
VNQI Vanguard Global ex-U.S. Real Estate ETF 2.9 12 36 8.5 +2.6
AVDV Avantis International Small Cap Value ETF 2.9 36 12 8.2 +2.4
DFJ WisdomTree Japan SmallCap Dividend Fund 2.8 58 -10 6.9 +1.1
BNGE First Trust S-Network Streaming and Gaming ETF 2.8 70 -22 2.9 -3.0
FPXI First Trust International Equity Opportunities ETF 2.7 70 -22 4.4 -1.4
SDG iShares MSCI Global Sustainable Development Goals ETF 2.6 49 -1 4.8 -1.0
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 2.6 10 38 8.3 +2.5
CGGO Capital Group Global Growth Equity ETF 2.6 47 1 4.6 -1.2
XT iShares Exponential Technologies ETF 2.6 46 2 4.4 -1.5
MOTI VanEck Morningstar International Moat ETF 2.6 58 -10 9.5 +3.7
ARVR First Trust Indxx Metaverse ETF 2.5 70 -22 4.4 -1.4
HUMN Roundhill Humanoid Robotics ETF 2.5 75 -27 1.4 -4.4
FDTX Fidelity Disruptive Technology ETF 2.5 50 -2 2.2 -3.6
WTAI WisdomTree Artificial Intelligence and Innovation Fund 2.3 45 3 2.8 -3.1
GINN Goldman Sachs Innovate Equity ETF 2.3 52 -4 4.0 -1.8
OAIM OneAscent International Equity ETF 2.2 95 -47 5.0 -0.8
IFGL iShares International Developed Real Estate ETF 2.2 48 0 7.1 +1.3
ERET iShares Environmentally Aware Real Estate ETF 2.2 30 18 7.0 +1.1
MDEV First Trust Indxx Medical Devices ETF 2.2 70 -22 5.0 -0.9
DTEC ALPS Disruptive Technologies ETF 2.2 50 -2 3.9 -2.0
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 2.2 68 -20 0.8 -5.1
FICS First Trust International Developed Capital Strength ETF 2.1 70 -22 6.9 +1.0
NERD Roundhill Video Games ETF 2.1 50 -2 7.3 +1.5
ARTY iShares Future AI & Tech ETF 2.1 47 1 3.5 -2.3
AIVC Amplify Bloomberg AI Value Chain ETF 2.1 59 -11 5.2 -0.6
BAI iShares AI Innovation and Tech Active ETF 2.1 55 -7 1.4 -4.4
ISCF iShares International SmallCap Equity Factor ETF 2.1 23 25 7.6 +1.7
CCNR ALPS CoreCommodity Natural Resources ETF 2.1 39 9 8.2 +2.4
ESPO VanEck Video Gaming and eSports ETF 2.0 56 -8 6.2 +0.4
ODDS Pacer BlueStar Digital Entertainment ETF 2.0 60 -12 4.5 -1.3
IOO iShares Global 100 ETF 2.0 41 7 4.2 -1.6
SAGP Strategas Global Policy Opportunities ETF 2.0 65 -17 4.8 -1.0
SHPP Pacer Industrials and Logistics ETF 1.9 60 -12 7.4 +1.6
METV Roundhill Ball Metaverse ETF 1.9 59 -11 8.6 +2.8
IQRA IQ CBRE Real Assets ETF 1.9 65 -17 5.8 -0.0
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 1.9 80 -32 9.4 +3.6
EV Mast Global Battery Recycling & Production ETF 1.9 65 -17 6.2 +0.4
GGME Invesco Next Gen Media and Gaming ETF 1.8 60 -12 5.0 -0.9
AGNG Global X Aging Population ETF 1.8 50 -2 4.2 -1.7
HERO Global X Video Games & Esports ETF 1.8 50 -2 5.6 -0.3
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 1.7 8 40 6.6 +0.8
AIQ Global X Artificial Intelligence & Technology ETF 1.7 68 -20 3.5 -2.3
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.7 58 -10 3.8 -2.0
TTAI FCF International Quality ETF 1.7 59 -11 6.6 +0.7
DEW WisdomTree Global High Dividend Fund 1.6 58 -10 7.5 +1.7
PICK iShares MSCI Global Metals & Mining Producers ETF 1.6 39 9 8.8 +3.0
HYDR Global X Hydrogen ETF 1.6 50 -2 -7.2 -13.0
IDOG ALPS International Sector Dividend Dogs ETF 1.6 50 -2 9.7 +3.9
FAN First Trust Global Wind Energy ETF 1.6 60 -12 3.0 -2.9
SCHC Schwab International Small-Cap Equity ETF 1.6 11 37 6.9 +1.1
CZAR Themes Natural Monopoly ETF 1.6 35 13 5.4 -0.4
CHAT Roundhill Generative AI & Technology ETF 1.6 75 -27 5.7 -0.1
GDOC Goldman Sachs Future Health Care Equity ETF 1.5 75 -27 1.0 -4.9
ION ProShares S&P Global Core Battery Metals ETF 1.5 58 -10 5.6 -0.2
GWX SPDR S&P International Small Cap ETF 1.5 40 8 6.1 +0.3
IGPT Invesco AI and Next Gen Software ETF 1.5 60 -12 3.6 -2.2
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.5 65 -17 8.1 +2.2
JDOC JPMorgan Healthcare Leaders ETF 1.5 65 -17 3.5 -2.3
LIT Global X Lithium & Battery Tech ETF 1.4 75 -27 5.6 -0.3
OCEN IQ Clean Oceans ETF 1.4 45 3 4.5 -1.3
MINV Matthews Asia Innovators Active ETF 1.4 79 -31 6.6 +0.8
JXI iShares Global Utilities ETF 1.3 43 5 4.9 -0.9
EFAS Global X MSCI SuperDividend EAFE ETF 1.3 57 -9 7.8 +1.9
SCHY Schwab International Dividend Equity ETF 1.3 14 34 8.5 +2.6
ANEW ProShares MSCI Transformational Changes ETF 1.3 45 3 4.6 -1.2
BATT Amplify Lithium & Battery Technology ETF 1.2 59 -11 2.0 -3.8
MOTO SmartETFs Smart Transportation & Technology ETF 1.2 68 -20 6.2 +0.4
OZEM Roundhill GLP-1 & Weight Loss ETF 1.2 59 -11 5.2 -0.7
THNR Amplify Weight Loss Drug & Treatment ETF 1.2 59 -11 5.7 -0.1
IXC iShares Global Energy ETF 1.1 44 4 7.3 +1.4
HAP VanEck Natural Resources ETF 1.1 50 -2 6.7 +0.9
SRVR Pacer Data & Infrastructure Real Estate ETF 1.0 55 -7 3.9 -2.0
JAPN Horizon Kinetics Japan Owner Operator ETF 1.0 85 -37 5.8 -0.1
ARKX ARK Space Exploration & Innovation ETF 1.0 75 -27 0.1 -5.8
IVRS iShares Future Metaverse Tech and Communications ETF 1.0 47 1 5.1 -0.7
RWO SPDR Dow Jones Global Real Estate ETF 0.9 50 -2 6.5 +0.7
RWX SPDR Dow Jones International Real Estate ETF 0.9 59 -11 7.1 +1.2
DWLD Davis Select Worldwide ETF 0.9 63 -15 7.0 +1.2
DISV Dimensional International Small Cap Value ETF 0.9 42 6 8.6 +2.8
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.9 72 -24 2.3 -3.6
AKAF The Frontier Economic Fund 0.9 20 28 5.4 -0.5
TMFG Motley Fool Global Opportunities ETF 0.9 85 -37 4.0 -1.9
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.9 56 -8 10.3 +4.4
GQRE FlexShares Global Quality Real Estate Index Fund 0.8 45 3 7.5 +1.7
HART IQ Healthy Hearts ETF 0.8 45 3 5.7 -0.2
CANC Tema Oncology ETF 0.8 75 -27 -2.5 -8.3
HRTS Tema Heart & Health ETF 0.8 75 -27 2.9 -2.9
CRAK VanEck Oil Refiners ETF 0.8 61 -13 9.4 +3.6
TINY ProShares Nanotechnology ETF 0.8 58 -10 1.8 -4.0
SLX VanEck Steel ETF 0.7 56 -8 12.2 +6.4
FPAG FPA Global Equity ETF 0.7 49 -1 6.3 +0.4
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.7 39 9 1.2 -4.6
SNSR Global X Internet of Things ETF 0.7 68 -20 4.3 -1.5
EFRA iShares Environmental Infrastructure and Industrials ETF 0.6 47 1 5.0 -0.8
POW VistaShares Electrification Supercycle ETF 0.6 75 -27 2.5 -3.3
FTAG First Trust Indxx Global Agriculture ETF 0.6 70 -22 7.0 +1.2
GNR SPDR S&P Global Natural Resources ETF 0.6 40 8 8.3 +2.5
RCGE RockCreek Global Equality ETF 0.6 95 -47 6.4 +0.6
VIDI Vident International Equity Strategy ETF 0.5 61 -13 9.0 +3.1
FID First Trust S&P International Dividend Aristocrats ETF 0.5 60 -12 8.2 +2.4
WDIV SPDR S&P Global Dividend ETF 0.5 40 8 9.5 +3.7
FDNI First Trust Dow Jones International Internet ETF 0.5 65 -17 21.9 +16.1
BOAT SonicShares Global Shipping ETF 0.5 69 -21 22.7 +16.9
MOO VanEck Agribusiness ETF 0.4 53 -5 8.5 +2.7
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.4 46 2 7.4 +1.6
BMED Future Health ETF 0.4 85 -37 1.2 -4.6
OND ProShares On-Demand ETF 0.4 58 -10 0.5 -5.4
JETS U.S. Global Jets ETF 0.4 60 -12 2.9 -2.9
AIRL Themes Airlines ETF 0.4 35 13 1.6 -4.3
PIO Invesco Global Water ETF 0.4 75 -27 4.4 -1.5
CGV Conductor Global Equity Value ETF 0.4 130 -82 7.8 +2.0
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.4 46 2 5.0 -0.8
KROP Global X AgTech & Food Innovation ETF 0.4 50 -2 6.5 +0.7
VEGI iShares MSCI Agriculture Producers ETF 0.4 39 9 7.3 +1.5
COPX Global X Copper Miners ETF 0.4 65 -17 4.5 -1.3
GMET VanEck Green Metals ETF 0.4 63 -15 0.5 -5.3
ETEC iShares Breakthrough Environmental Solutions ETF 0.3 47 1 3.0 -2.9
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.3 85 -37 2.7 -3.1
BCDF Horizon Kinetics Blockchain Development ETF 0.3 85 -37 3.8 -2.1
STCE Schwab Crypto Thematic ETF 0.3 30 18 3.1 -2.8
CGUS Capital Group Core Equity ETF 0.3 33 15 3.8 -2.0
AZTD Aztlan Global Stock Selection DM SMID ETF 0.3 75 -27 4.5 -1.4
BLOK Amplify Transformational Data Sharing ETF 0.3 75 -27 -0.1 -5.9
ICLN iShares Global Clean Energy ETF 0.3 41 7 2.0 -3.9
VCLN Virtus Duff & Phelps Clean Energy ETF 0.3 59 -11 2.7 -3.2
IQM Franklin Intelligent Machines ETF 0.3 50 -2 1.4 -4.5
IBLC iShares Blockchain and Tech ETF 0.2 47 1 -1.4 -7.2
SOCL Global X Social Media ETF 0.2 65 -17 11.9 +6.1
SUPL ProShares Supply Chain Logistics ETF 0.2 58 -10 8.3 +2.4
WOOD iShares Global Timber & Forestry ETF 0.2 42 6 11.0 +5.1
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.2 86 -38 11.8 +6.0
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.2 60 -12 9.3 +3.5
FMET Fidelity Metaverse ETF 0.2 39 9 4.9 -0.9
BCOR Grayscale Bitcoin Adopters ETF 0.2 59 -11 1.9 -4.0
EVX VanEck Environmental Services ETF 0.2 55 -7 4.0 -1.8
CRTC Xtrackers US National Critical Technologies ETF 0.2 35 13 4.3 -1.5
TBLU Tortoise Global Water ESG ETF 0.2 40 8 4.4 -1.4
ARKF ARK Fintech Innovation ETF 0.2 75 -27 0.2 -5.6
ISHP First Trust Nasdaq Retail ETF 0.2 60 -12 5.3 -0.5
FDRR Fidelity Dividend ETF for Rising Rates 0.2 15 33 6.2 +0.4
FDVV Fidelity High Dividend ETF 0.2 15 33 7.1 +1.2
PRNT 3D Printing ETF 0.1 66 -18 1.5 -4.4
IDNA iShares Genomics Immunology and Healthcare ETF 0.1 47 1 -0.3 -6.1
DVYA iShares Asia/Pacific Dividend ETF 0.1 49 -1 7.1 +1.3
EBLU Ecofin Global Water ESG Fund 0.1 40 8 4.4 -1.4
TRFK Pacer Data and Digital Revolution ETF 0.1 60 -12 2.9 -2.9
URAN Themes Uranium & Nuclear ETF 0.1 35 13 0.8 -5.0
IBUY Amplify Online Retail ETF 0.1 65 -17 2.4 -3.5
CUT Invesco MSCI Global Timber ETF 0.1 61 -13 8.1 +2.3
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 0.1 75 -27 6.1 +0.3
SMOG VanEck Low Carbon Energy ETF 0.1 61 -13 1.3 -4.5
AQWA Global X Clean Water ETF 0.1 50 -2 4.8 -1.0
CGW Invesco S&P Global Water Index ETF 0.1 57 -9 4.4 -1.4
BUG Global X Cybersecurity ETF 0.1 51 -3 3.3 -2.5
CIBR First Trust NASDAQ Cybersecurity ETF 0.1 60 -12 4.7 -1.2
HACK ETFMG Prime Cyber Security ETFMG Prime Cyber Security Fund 0.1 60 -12 3.3 -2.5
IHAK iShares Cybersecurity & Tech ETF 0.1 47 1 4.4 -1.4
WCBR WisdomTree Cybersecurity Fund 0.1 45 3 2.8 -3.0
XDAT Franklin Exponential Data ETF 0.1 50 -2 1.3 -4.6
SPAM Themes Cybersecurity ETF 0.1 35 13 2.7 -3.2
BJK VanEck Gaming ETF 0.1 65 -17 4.3 -1.6
CLOU Global X Cloud Computing ETF 0.0 68 -20 3.0 -2.8
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 0.0 75 -27 6.3 +0.5
FDIG Fidelity Crypto Industry and Digital Payments ETF 0.0 39 9 -1.3 -7.2
FDHT Fidelity Digital Health ETF 0.0 39 9 1.7 -4.1
HTEC ROBO Global Healthcare Technology and Innovation ETF 0.0 68 -20 2.6 -3.2

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

  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 8.3 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 48 bp
Equals: ALTAR Score 5.8 %
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.