iShares JPX-Nikkei 400 ETF
ALTAR
Score™		 7.1% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 14.2x P/Sales
ratio		 1.0x
P/BV
ratio		 1.2x Div.
yield		 4.1%


  • 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) $96
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 387
Wgt avg mkt cap (mns) $42,152
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
MITSUBISHI HEAVY INDUSTRIES 2.3 %
NINTENDO CO LTD 2.3 %
SONY CORP 2.0 %
HITACHI LTD 1.9 %
MITSUBISHI UFJ FINANCIAL GRO 1.8 %
MIZUHO FINANCIAL GROUP INC 1.7 %
RECRUIT HOLDINGS CO LTD 1.5 %
SUMITOMO MITSUI FINANCIAL GR 1.5 %
NIPPON TELEGRAPH AND TELEPHONE COR 1.5 %
TOKIO MARINE HOLDINGS INC 1.5 %
Total 17.9 %

TOP COUNTRY EXPOSURE
JAPAN 99.7 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
13.1% 12.4% 8.2% 5.7% 4.6%

Market Correlations
versus... Beta R-squared
S&P500 0.73 62%
MSCI EAFE 0.74 68%
MSCI Emg. Mkts. 0.66 57%

Technical Indicators
Recent close $79.65
30d moving avg. $78.31
Annualized volatility 14.8%
Short interest (ETF) 0.2%
Relative strength (RSI) 59

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™: 7.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH JPXN
Ticker Fund
Name		 Overlap1
vs JPXN
(%)		 Expense
ratio
(bp)		 Savings
vs JPXN
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs JPXN
(%)
EWJ iShares MSCI Japan ETF 79.2 50 -2 6.7 -0.4
BBJP JPMorgan BetaBuilders Japan ETF 77.6 19 29 7.1 +0.0
FLJP Franklin FTSE Japan ETF 77.0 9 39 6.7 -0.4
DBJP Xtrackers MSCI Japan Hedged Equity ETF 76.7 47 1 7.0 -0.1
FLJH Franklin FTSE Japan Hedged ETF 76.1 9 39 6.7 -0.4
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 67.6 25 23 7.4 +0.3
DXJ WisdomTree Japan Hedged Equity Fund 54.3 48 0 8.2 +1.1
IPAC iShares Core MSCI Pacific ETF 53.7 9 39 6.7 -0.4
VPL Vanguard FTSE Pacific ETF 47.6 7 41 7.2 +0.1
EWJV iShares MSCI Japan Value ETF 45.8 15 33 9.5 +2.4
FJP First Trust Japan AlphaDEX Fund 33.1 80 -32 9.1 +2.0
INEQ Columbia International Equity Income ETF 29.1 45 3 8.3 +1.2
IVLU iShares MSCI Intl Value Factor ETF 26.4 30 18 10.8 +3.7
IQSI IQ Candriam International Equity ETF 23.6 15 33 6.7 -0.4
CEFA Global X S&P Catholic Values Developed ex-US ETF 23.3 35 13 6.8 -0.3
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 22.7 14 34 6.3 -0.8
VIGI Vanguard International Dividend Appreciation ETF 21.8 10 38 6.1 -1.0
HFXI IQ FTSE International Equity Currency Neutral ETF 21.7 20 28 7.2 +0.2
GSID Goldman Sachs MarketBeta International Equity ETF 21.6 20 28 7.0 -0.1
EFG iShares MSCI EAFE Growth ETF 21.1 36 12 4.3 -2.8
DMXF iShares ESG Advanced MSCI EAFE ETF 20.6 12 36 5.5 -1.6
PATN Pacer Nasdaq International Patent Leaders ETF 20.5 65 -17 6.3 -0.8
FNDF Schwab Fundamental International Large Co. Index ETF 20.4 25 23 9.6 +2.5
JHMD John Hancock Multifactor Developed International ETF 20.4 39 9 7.7 +0.6
EFA iShares MSCI EAFE ETF 20.3 35 13 6.9 -0.2
JIRE JPMorgan International Research Enhanced Equity ETF 20.0 24 24 7.1 +0.1
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 19.9 20 28 6.5 -0.6
QEFA SPDR MSCI EAFE StrategicFactors ETF 19.8 30 18 7.0 -0.1
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 19.8 36 12 7.0 -0.1
ESGD iShares ESG Aware MSCI EAFE ETF 19.6 20 28 6.9 -0.2
FENI Fidelity Enhanced International ETF 19.6 28 20 6.7 -0.4
IEFA iShares Core MSCI EAFE ETF 19.5 7 41 7.2 +0.1
BKIE BNY Mellon International Equity ETF 19.3 4 44 7.1 0.0
DIHP Dimensional International High Profitability ETF 19.3 29 19 7.2 +0.1
DIVI Franklin International Core Dividend Tilt Index ETF 19.2 9 39 8.1 +1.0
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 19.1 24 24 7.5 +0.4
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 19.0 45 3 8.9 +1.9
EFV iShares MSCI EAFE Value ETF 18.8 34 14 9.4 +2.3
SCHF Schwab International Equity ETF 18.2 6 42 7.4 +0.3
SPDW SPDR Portfolio Developed World ex-US ETF 18.1 3 45 7.2 +0.1
IDEV iShares Core MSCI International Developed Markets ETF 17.5 4 44 7.2 +0.1
DFIV Dimensional International Value ETF 17.4 27 21 10.1 +3.0
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 17.4 39 9 6.8 -0.3
DFAI Dimensional International Core Equity Market ETF 17.3 18 30 7.3 +0.2
RFDI First Trust Riverfront Dynamic Developed International ETF 17.1 83 -35 9.7 +2.6
NUDM Nuveen ESG International Developed Markets Equity ETF 17.0 31 17 6.3 -0.8
VEA Vanguard FTSE Developed Markets ETF 16.9 3 45 7.3 +0.2
INTF iShares International Equity Factor ETF 16.9 15 33 7.9 +0.8
STXI Strive International Developed Markets ETF 16.9 29 19 7.0 -0.1
JPIN J.P. Morgan Diversified Return International Equity ETF 16.8 37 11 8.5 +1.5
IGRO iShares International Dividend Growth ETF 16.7 15 33 7.1 +0.1
GSIE Goldman Sachs ActiveBeta International Equity ETF 16.2 25 23 7.2 +0.1
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 16.2 20 28 6.6 -0.5
EFAV iShares MSCI EAFE Min Vol Factor ETF 16.0 22 26 5.7 -1.4
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 15.9 12 36 6.1 -1.0
FIVA Fidelity International Value Factor ETF 15.8 18 30 10.2 +3.1
QINT American Century Quality Diversified International ETF 15.5 39 9 7.4 +0.3
IDHQ Invesco S&P International Developed High Quality ETF 15.4 29 19 6.6 -0.5
IMFL Invesco International Developed Dynamic Multifactor ETF 15.2 34 14 5.9 -1.2
DFIC Dimensional International Core Equity 2 ETF 14.8 23 25 7.6 +0.5
DFSI Dimensional International Sustainability Core 1 ETF 14.7 24 24 6.4 -0.7
DWM WisdomTree International Equity Fund 14.5 48 0 7.5 +0.4
VWID Virtus WMC International Dividend ETF 14.5 49 -1 8.9 +1.8
DIM WisdomTree International MidCap Dividend Fund 14.5 58 -10 7.6 +0.5
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 14.4 65 -17 3.6 -3.5
TPIF Timothy Plan International ETF 14.3 62 -14 6.2 -0.9
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 14.2 40 8 7.6 +0.5
CIL VictoryShares International Volatility Wtd ETF 14.1 45 3 6.6 -0.5
DOL WisdomTree International LargeCap Dividend Fund 13.8 48 0 7.4 +0.3
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 13.8 39 9 8.2 +1.1
GXUS Goldman Sachs MarketBeta Total International Equity ETF 13.6 18 30 7.7 +0.6
VEU Vanguard FTSE All-World ex-US Index Fund 13.5 4 44 8.2 +1.1
JHID John Hancock International High Dividend ETF 13.5 46 2 9.9 +2.8
IMTM iShares MSCI Intl Momentum Factor ETF 13.5 30 18 5.4 -1.7
FDT First Trust Developed Markets ex-US AlphaDEX Fund 13.4 80 -32 10.0 +2.9
SCJ iShares MSCI Japan Small-Cap ETF 13.2 50 -2 6.7 -0.4
CGIE Capital Group International Equity ETF 13.2 54 -6 5.0 -2.1
IQDG WisdomTree International Quality Dividend Growth Fund 13.2 42 6 7.0 -0.1
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 13.2 58 -10 7.1 0.0
VSGX Vanguard ESG International Stock ETF 13.1 10 38 7.9 +0.8
IQLT iShares MSCI Intl Quality Factor ETF 13.0 30 18 6.2 -0.9
AVDE Avantis International Equity ETF 12.9 23 25 7.6 +0.5
SCZ iShares MSCI EAFE Small-Cap ETF 12.8 40 8 7.0 -0.1
FDEV Fidelity International Multifactor ETF 12.8 18 30 7.4 +0.3
ACWX iShares MSCI ACWI ex U.S. ETF 12.7 34 14 7.9 +0.8
CWI SPDR MSCI ACWI ex-US ETF 12.7 30 18 7.8 +0.7
AVSD Avantis Responsible International Equity ETF 12.7 23 25 5.7 -1.4
UMMA Wahed Dow Jones Islamic World ETF 12.7 65 -17 5.1 -2.0
PPIE Putnam PanAgora ESG International Equity ETF 12.6 49 -1 7.4 +0.3
VXUS Vanguard Total International Stock ETF 12.5 5 43 8.0 +0.9
RODM Hartford Multifactor Developed Markets (ex-US) ETF 12.4 29 19 7.9 +0.8
IXUS iShares Core MSCI Total International Stock ETF 12.3 7 41 8.0 +0.9
DXIV Dimensional International Vector Equity ETF 12.2 34 14 8.0 +0.9
VYMI Vanguard International High Dividend Yield ETF 12.2 17 31 9.9 +2.8
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 12.2 41 7 7.8 +0.7
EXI iShares Global Industrials ETF 11.6 42 6 4.6 -2.5
AVIV Avantis International Large Cap Value ETF 11.6 25 23 9.0 +1.9
DTAN Sparkline International Intangible Value ETF 11.4 55 -7 8.2 +1.1
IQDF FlexShares International Quality Dividend Index Fund 11.1 47 1 9.3 +2.2
EFAD ProShares MSCI EAFE Dividend Growers ETF 11.1 50 -2 5.8 -1.3
IQDY FlexShares International Quality Dividend Dynamic Index Fund 10.6 47 1 8.5 +1.4
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 10.4 32 16 5.9 -1.2
LVHI Franklin International Low Volatility High Dividend Index ET 10.3 40 8 11.0 +3.9
DFAX Dimensional World ex U.S. Core Equity 2 ETF 10.1 30 18 8.1 +1.0
JIG JPMorgan International Growth ETF 10.0 55 -7 4.7 -2.4
ICOW Pacer Developed Markets International Cash Cows 100 ETF 9.9 65 -17 11.6 +4.6
KNO AXS Knowledge Leaders ETF 9.7 78 -30 6.0 -1.1
IMOM Alpha Architect International Quantitative Momentum ETF 9.6 49 -1 3.2 -3.9
RODE Hartford Multifactor Diversified International ETF 9.6 29 19 12.7 +5.6
UIVM VictoryShares International Value Momentum ETF 9.5 35 13 8.9 +1.9
RXI iShares Global Consumer Discretionary ETF 9.5 41 7 9.1 +2.0
FIDI Fidelity International High Dividend ETF 9.0 18 30 9.0 +1.9
FNDC Schwab Fundamental International Small Co. Index ETF 9.0 39 9 5.9 -1.2
DGT SPDR Global Dow ETF 9.0 50 -2 7.3 +0.2
ACWV iShares MSCI Global Min Vol Factor ETF 8.8 20 28 5.9 -1.2
IDMO Invesco S&P International Developed Momentum ETF 8.6 25 23 5.4 -1.7
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 8.6 42 6 6.7 -0.4
NXTG First Trust Indxx NextG ETF 8.4 70 -22 5.3 -1.8
GCOW Pacer Global Cash Cows Dividend ETF 8.4 60 -12 11.0 +3.9
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 8.2 49 -1 7.0 -0.1
WLDR Affinity World Leaders Equity ETF 8.0 67 -19 7.7 +0.6
RGEF Rockefeller Global Equity ETF 8.0 55 -7 4.9 -2.2
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 7.7 80 -32 5.5 -1.6
QTUM Defiance Quantum ETF 7.5 40 8 5.5 -1.6
QWLD SPDR MSCI World StrategicFactors ETF 7.3 30 18 6.1 -1.0
DSTX Distillate International Fundamental Stability & Value ETF 7.1 55 -7 8.2 +1.1
BULD Pacer BlueStar Engineering the Future ETF 7.1 60 -12 1.4 -5.7
ESGG FlexShares STOXX Global ESG Select Index Fund 6.8 42 6 5.5 -1.6
IBOT Vaneck Robotics ETF 6.6 47 1 4.2 -2.9
CGXU Capital Group International Focus Equity ETF 6.6 54 -6 5.8 -1.3
WRND IQ Global Equity R&D Leaders ETF 6.6 18 30 8.4 +1.3
IVAL Alpha Architect International Quantitative Value ETF 6.5 49 -1 10.6 +3.5
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 6.3 9 39 9.2 +2.1
CLNR IQ Cleaner Transport ETF 6.3 45 3 6.6 -0.5
DTH WisdomTree International High Dividend Fund 6.3 58 -10 8.9 +1.8
AIVI WisdomTree International AI Enhanced Value Fund 6.2 58 -10 7.4 +0.3
IXP iShares Global Comm Services ETF 6.1 42 6 5.6 -1.5
WWJD Inspire International ETF 6.0 80 -32 7.3 +0.2
DWX SPDR S&P International Dividend ETF 6.0 45 3 6.1 -1.0
OSEA Harbor International Compounders ETF 5.7 55 -7 4.6 -2.5
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 5.5 80 -32 4.9 -2.2
IDOG ALPS International Sector Dividend Dogs ETF 5.4 50 -2 12.4 +5.3
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 5.4 75 -27 4.9 -2.2
BNGE First Trust S-Network Streaming and Gaming ETF 5.4 70 -22 2.8 -4.3
BINV Brandes International ETF 5.4 70 -22 9.6 +2.5
FEOE First Eagle Overseas Equity ETF 5.3 79 -31 8.2 +1.1
ARVR First Trust Indxx Metaverse ETF 5.2 70 -22 4.1 -3.0
GLOF iShares Global Equity Factor ETF 5.1 20 28 6.7 -0.4
FBOT Fidelity Disruptive Automation ETF 5.1 50 -2 3.7 -3.4
WBAT WisdomTree Battery Value Chain and Innovation Fund 5.1 45 3 4.5 -2.6
URTH iShares MSCI World ETF 5.1 24 24 5.3 -1.8
DWMF WisdomTree International Multifactor Fund 5.0 38 10 7.0 -0.1
CGDG Capital Group Dividend Growers ETF 4.8 47 1 6.2 -0.9
FEGE First Eagle Global Equity ETF 4.8 79 -31 7.0 -0.1
BKCI BNY Mellon Concentrated International ETF 4.8 80 -32 5.0 -2.1
KLMT Invesco MSCI Global Climate 500 ETF 4.8 10 38 5.9 -1.2
KXI iShares Global Consumer Staples ETF 4.8 41 7 5.5 -1.6
ROBO ROBO Global Robotics & Automation Index ETF 4.8 95 -47 3.6 -3.5
IXG iShares Global Financials ETF 4.6 42 6 6.7 -0.4
VT Vanguard Total World Stock ETF 4.6 6 42 6.0 -1.1
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 4.6 47 1 5.7 -1.4
ACWI iShares MSCI ACWI ETF 4.5 32 16 5.7 -1.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 4.5 9 39 5.9 -1.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 4.5 20 28 5.8 -1.3
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 4.2 25 23 5.9 -1.2
IXJ iShares Global Healthcare ETF 4.2 42 6 7.1 +0.0
AVDS Avantis International Small Cap Equity ETF 4.2 30 18 7.6 +0.5
NERD Roundhill Video Games ETF 3.9 50 -2 3.1 -4.0
MOTG VanEck Morningstar Global Wide Moat ETF 3.9 52 -4 6.7 -0.4
AGQI First Trust Active Global Quality Income ETF 3.8 85 -37 5.3 -1.8
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 3.8 65 -17 2.2 -4.9
ESPO VanEck Video Gaming and eSports ETF 3.8 56 -8 4.1 -3.0
ODDS Pacer BlueStar Digital Entertainment ETF 3.8 60 -12 2.0 -5.1
GTEK Goldman Sachs Future Tech Leaders Equity ETF 3.8 75 -27 3.1 -4.0
GINN Goldman Sachs Innovate Equity ETF 3.8 52 -4 3.7 -3.4
URA Global X Uranium ETF 3.7 69 -21 1.9 -5.2
OAIM OneAscent International Equity ETF 3.7 95 -47 5.6 -1.5
GGME Invesco Next Gen Media and Gaming ETF 3.7 60 -12 4.3 -2.8
MOTI VanEck Morningstar International Moat ETF 3.7 58 -10 11.1 +4.0
GLBL Pacer MSCI World Industry Advantage ETF 3.6 65 -17 4.3 -2.8
DRIV Global X Autonomous & Electric Vehicles ETF 3.6 68 -20 5.6 -1.5
JSTC Adasina Social Justice All Cap Global ETF 3.5 89 -41 4.8 -2.3
HERO Global X Video Games & Esports ETF 3.5 50 -2 3.8 -3.3
BLES Inspire Global Hope ETF 3.4 61 -13 6.8 -0.3
IBAT iShares Energy Storage & Materials ETF 3.4 47 1 5.4 -1.7
DFIS Dimensional International Small Cap ETF 3.3 39 9 7.4 +0.3
SDG iShares MSCI Global Sustainable Development Goals ETF 3.2 49 -1 6.3 -0.8
CARZ First Trust NASDAQ Global Auto Index Fund 3.2 70 -22 5.3 -1.8
IDLV Invesco S&P International Developed Low Volatility ETF 3.1 25 23 6.5 -0.6
TEMP JPMorgan Climate Change Solutions ETF 3.1 49 -1 5.7 -1.4
IXN iShares Global Tech ETF 3.1 41 7 3.9 -3.2
KNCT Invesco Next Gen Connectivity ETF 3.0 40 8 4.9 -2.2
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.0 12 36 5.3 -1.8
ANEW ProShares MSCI Transformational Changes ETF 3.0 45 3 6.0 -1.1
BOTZ Global X Robotics & Artificial Intelligence ETF 2.9 69 -21 2.4 -4.7
IPAV Global X Infrastructure Development ex-U.S. ETF 2.9 55 -7 7.6 +0.5
XT iShares Exponential Technologies ETF 2.9 46 2 4.8 -2.3
MXI iShares Global Materials ETF 2.9 41 7 7.9 +0.8
KOCG FIS Knights of Columbus Global Belief ETF 2.9 75 -27 5.1 -2.0
METV Roundhill Ball Metaverse ETF 2.9 59 -11 5.6 -1.5
FYLD Cambria Foreign Shareholder Yield ETF 2.8 59 -11 12.0 +4.9
BOTT Themes Robotics & Automation ETF 2.8 35 13 4.8 -2.3
DLS WisdomTree International SmallCap Dividend Fund 2.8 58 -10 8.5 +1.4
VNQI Vanguard Global ex-U.S. Real Estate ETF 2.7 12 36 7.9 +0.8
CGGO Capital Group Global Growth Equity ETF 2.6 47 1 4.7 -2.4
RAYD Rayliant Quantitative Developed Market Equity ETF 2.6 80 -32 4.4 -2.7
DFJ WisdomTree Japan SmallCap Dividend Fund 2.6 58 -10 8.0 +0.9
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 2.6 58 -10 8.0 +0.9
DINT Davis Select International ETF 2.5 55 -7 8.0 +1.0
JGLO JPMorgan Global Select Equity ETF 2.5 33 15 5.0 -2.1
IPKW Invesco International BuyBack Achievers ETF 2.5 55 -7 13.6 +6.5
FPXI First Trust International Equity Opportunities ETF 2.4 70 -22 3.4 -3.7
MDEV First Trust Indxx Medical Devices ETF 2.4 70 -22 4.3 -2.8
FPAG FPA Global Equity ETF 2.4 49 -1 5.8 -1.3
GWX SPDR S&P International Small Cap ETF 2.3 40 8 6.3 -0.8
TMFG Motley Fool Global Opportunities ETF 2.3 85 -37 3.9 -3.2
FDTX Fidelity Disruptive Technology ETF 2.3 50 -2 2.6 -4.5
IVRS iShares Future Metaverse Tech and Communications ETF 2.3 47 1 2.7 -4.4
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 2.2 10 38 8.1 +1.0
AVDV Avantis International Small Cap Value ETF 2.2 36 12 10.2 +3.1
IOO iShares Global 100 ETF 2.2 41 7 5.0 -2.1
FAN First Trust Global Wind Energy ETF 2.1 60 -12 4.6 -2.5
SHPP Pacer Industrials and Logistics ETF 2.1 60 -12 8.5 +1.4
DTEC ALPS Disruptive Technologies ETF 2.0 50 -2 3.8 -3.3
LEGR First Trust Indxx Innovative Transaction & Process ETF 2.0 65 -17 7.4 +0.3
AGNG Global X Aging Population ETF 1.9 50 -2 4.9 -2.2
ISCF iShares International SmallCap Equity Factor ETF 1.9 23 25 8.4 +1.3
IFGL iShares International Developed Real Estate ETF 1.8 48 0 7.0 -0.1
ERET iShares Environmentally Aware Real Estate ETF 1.8 30 18 7.5 +0.4
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 1.8 80 -32 11.2 +4.1
CCNR ALPS CoreCommodity Natural Resources ETF 1.8 39 9 11.6 +4.6
TTAI FCF International Quality ETF 1.8 59 -11 7.0 -0.1
CANC Tema Oncology ETF 1.8 75 -27 -2.7 -9.8
FID First Trust S&P International Dividend Aristocrats ETF 1.7 60 -12 8.1 +1.0
AIQ Global X Artificial Intelligence & Technology ETF 1.7 68 -20 3.8 -3.3
EFAS Global X MSCI SuperDividend EAFE ETF 1.6 57 -9 8.5 +1.4
IDNA iShares Genomics Immunology and Healthcare ETF 1.5 47 1 -2.3 -9.4
OCEN IQ Clean Oceans ETF 1.5 45 3 6.2 -0.9
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.5 58 -10 4.7 -2.4
SCHC Schwab International Small-Cap Equity ETF 1.5 11 37 6.8 -0.3
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 1.5 8 40 6.8 -0.3
WDIV SPDR S&P Global Dividend ETF 1.5 40 8 9.6 +2.5
IGPT Invesco AI and Next Gen Software ETF 1.5 60 -12 4.2 -2.9
DEW WisdomTree Global High Dividend Fund 1.3 58 -10 8.7 +1.6
GDOC Goldman Sachs Future Health Care Equity ETF 1.3 75 -27 2.8 -4.3
GSFP Goldman Sachs Future Planet Equity ETF 1.3 75 -27 4.6 -2.5
JAPN Horizon Kinetics Japan Owner Operator ETF 1.3 85 -37 4.4 -2.7
ION ProShares S&P Global Core Battery Metals ETF 1.3 58 -10 11.6 +4.5
EV Mast Global Battery Recycling & Production ETF 1.2 65 -17 10.6 +3.5
SCHY Schwab International Dividend Equity ETF 1.2 14 34 9.6 +2.5
PICK iShares MSCI Global Metals & Mining Producers ETF 1.2 39 9 14.0 +6.9
LIT Global X Lithium & Battery Tech ETF 1.2 75 -27 5.5 -1.6
ARTY iShares Future AI & Tech ETF 1.2 47 1 3.3 -3.8
IVES Wedbush ETFMG Global Cloud Technology ETF 1.2 68 -20 15.8 +8.7
AIVC Amplify Bloomberg AI Value Chain ETF 1.2 59 -11 6.0 -1.1
MOTO SmartETFs Smart Transportation & Technology ETF 1.2 68 -20 7.3 +0.3
WDNA WisdomTree BioRevolution Fund 1.2 45 3 -1.3 -8.4
OZEM Roundhill GLP-1 & Weight Loss ETF 1.1 59 -11 -0.6 -7.7
THNR Amplify Weight Loss Drug & Treatment ETF 1.1 59 -11 5.8 -1.3
HYDR Global X Hydrogen ETF 1.1 50 -2 -5.2 -12.3
JXI iShares Global Utilities ETF 1.1 43 5 5.9 -1.2
HAP VanEck Natural Resources ETF 1.1 50 -2 9.8 +2.7
CZAR Themes Natural Monopoly ETF 1.0 35 13 5.4 -1.7
HART IQ Healthy Hearts ETF 1.0 45 3 6.5 -0.6
RCGE RockCreek Global Equality ETF 1.0 95 -47 6.3 -0.8
FILL iShares MSCI Global Energy Producers ETF 0.9 39 9 12.1 +5.0
GQRE FlexShares Global Quality Real Estate Index Fund 0.9 45 3 7.9 +0.8
DISV Dimensional International Small Cap Value ETF 0.9 42 6 9.6 +2.5
ARKX ARK Space Exploration & Innovation ETF 0.9 75 -27 -0.2 -7.3
HRTS Tema GLP-1 Obesity & Cardiometabolic ETF 0.8 75 -27 1.2 -5.9
RWO SPDR Dow Jones Global Real Estate ETF 0.8 50 -2 7.1 -0.0
RWX SPDR Dow Jones International Real Estate ETF 0.8 59 -11 6.9 -0.2
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.8 56 -8 11.1 +4.0
IQM Franklin Intelligent Machines ETF 0.7 50 -2 2.2 -4.9
BATT Amplify Lithium & Battery Technology ETF 0.7 59 -11 3.9 -3.2
IDAT iShares Future Cloud 5G and Tech ETF 0.7 47 1 4.8 -2.3
IXC iShares Global Energy ETF 0.7 44 4 10.6 +3.5
WTAI WisdomTree Artificial Intelligence and Innovation Fund 0.7 45 3 2.9 -4.2
GNR SPDR S&P Global Natural Resources ETF 0.7 40 8 11.6 +4.5
HTEC ROBO Global Healthcare Technology and Innovation ETF 0.7 68 -20 2.2 -4.9
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.7 72 -24 -0.8 -7.9
IQRA IQ CBRE Real Assets ETF 0.6 65 -17 5.7 -1.4
SAGP Strategas Global Policy Opportunities ETF 0.6 65 -17 5.2 -1.9
CRAK VanEck Oil Refiners ETF 0.6 61 -13 14.4 +7.3
CGV Conductor Global Equity Value ETF 0.6 130 -82 8.6 +1.6
CGDV Capital Group Dividend Value ETF 0.6 33 15 4.6 -2.5
OND ProShares On-Demand ETF 0.6 58 -10 0.7 -6.4
AZTD Aztlan Global Stock Selection DM SMID ETF 0.5 75 -27 7.6 +0.5
FDNI First Trust Dow Jones International Internet ETF 0.5 65 -17 18.2 +11.1
FTAG First Trust Indxx Global Agriculture ETF 0.5 70 -22 8.3 +1.2
SNSR Global X Internet of Things ETF 0.5 68 -20 4.5 -2.6
FDCF Fidelity Disruptive Communications ETF 0.5 50 -2 3.0 -4.1
BOAT SonicShares Global Shipping ETF 0.5 69 -21 32.2 +25.1
CRTC Xtrackers US National Critical Technologies ETF 0.5 35 13 4.9 -2.2
EFRA iShares Environmental Infrastructure and Industrials ETF 0.5 47 1 5.2 -1.9
MOO VanEck Agribusiness ETF 0.4 53 -5 10.3 +3.2
MNTL Tema Neuroscience and Mental Health ETF 0.4 75 -27 -0.9 -8.0
VEGI iShares MSCI Agriculture Producers ETF 0.4 39 9 8.6 +1.5
STCE Schwab Crypto Thematic ETF 0.4 30 18 1.1 -6.0
FICS First Trust International Developed Capital Strength ETF 0.4 70 -22 6.2 -0.9
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.3 85 -37 4.0 -3.1
BCDF Horizon Kinetics Blockchain Development ETF 0.3 85 -37 3.9 -3.2
VIDI Vident International Equity Strategy ETF 0.3 61 -13 11.4 +4.3
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.3 68 -20 2.5 -4.6
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.3 46 2 5.6 -1.5
PIO Invesco Global Water ETF 0.3 75 -27 4.6 -2.5
KROP Global X AgTech & Food Innovation ETF 0.3 50 -2 6.5 -0.6
IVEG iShares Emergent Food and AgTech Multisector ETF 0.3 47 1 8.9 +1.8
BMED Future Health ETF 0.3 85 -37 0.5 -6.6
ARKF ARK Fintech Innovation ETF 0.3 75 -27 -0.4 -7.5
ISHP First Trust Nasdaq Retail ETF 0.3 60 -12 5.2 -1.9
OGIG ALPS O'Shares Global Internet Giants ETF 0.3 48 0 1.6 -5.5
BLOK Amplify Transformational Data Sharing ETF 0.3 75 -27 -0.0 -7.1
SOCL Global X Social Media ETF 0.3 65 -17 7.8 +0.7
TRFK Pacer Data and Digital Revolution ETF 0.3 60 -12 3.2 -3.9
TINY ProShares Nanotechnology ETF 0.2 58 -10 4.3 -2.8
ICLN iShares Global Clean Energy ETF 0.2 41 7 5.9 -1.2
VCLN Virtus Duff & Phelps Clean Energy ETF 0.2 59 -11 5.6 -1.5
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.2 86 -38 13.2 +6.1
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.2 60 -12 10.2 +3.1
FMET Fidelity Metaverse ETF 0.2 39 9 4.8 -2.3
BCOR Grayscale Bitcoin Adopters ETF 0.2 59 -11 2.6 -4.5
ETEC iShares Breakthrough Environmental Solutions ETF 0.2 47 1 3.5 -3.6
DMAT Global X Disruptive Materials ETF 0.2 59 -11 9.7 +2.6
IBLC iShares Blockchain and Tech ETF 0.2 47 1 -3.7 -10.8
LUX Tema Luxury ETF 0.2 75 -27 4.3 -2.8
BUG Global X Cybersecurity ETF 0.2 51 -3 2.1 -5.0
CIBR First Trust NASDAQ Cybersecurity ETF 0.2 60 -12 3.8 -3.3
HACK ETFMG Prime Cyber Security ETFMG Prime Cyber Security Fund 0.2 60 -12 2.7 -4.4
IHAK iShares Cybersecurity & Tech ETF 0.2 47 1 3.5 -3.6
WCBR WisdomTree Cybersecurity Fund 0.2 45 3 1.7 -5.4
XDAT Franklin Exponential Data ETF 0.2 50 -2 2.1 -5.0
SPAM Themes Cybersecurity ETF 0.2 35 13 1.9 -5.2
COPX Global X Copper Miners ETF 0.2 65 -17 8.1 +1.0
GMET VanEck Green Metals ETF 0.2 63 -15 9.6 +2.5
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.2 85 -37 9.9 +2.8
FDRR Fidelity Dividend ETF for Rising Rates 0.2 15 33 7.3 +0.2
FDVV Fidelity High Dividend ETF 0.2 15 33 7.9 +0.8
IBUY Amplify Online Retail ETF 0.2 65 -17 1.2 -5.9
SUPL ProShares Supply Chain Logistics ETF 0.1 58 -10 11.4 +4.3
WOOD iShares Global Timber & Forestry ETF 0.1 42 6 12.1 +5.0
BUYZ Franklin Disruptive Commerce ETF 0.1 50 -2 2.3 -4.8
DVYA iShares Asia/Pacific Dividend ETF 0.1 49 -1 8.5 +1.4
EBLU Ecofin Global Water ESG Fund 0.1 40 8 4.3 -2.8
TINT ProShares Smart Materials ETF 0.1 58 -10 7.4 +0.3
BJK VanEck Gaming ETF 0.1 65 -17 4.1 -3.0
CLOU Global X Cloud Computing ETF 0.1 68 -20 2.2 -4.9
PRNT 3D Printing ETF 0.1 66 -18 1.3 -5.8
URAN Themes Uranium & Nuclear ETF 0.1 35 13 1.8 -5.3
CUT Invesco MSCI Global Timber ETF 0.1 61 -13 10.2 +3.1
IWTR iShares MSCI Water Management Multisector ETF 0.1 47 1 5.7 -1.4
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 0.1 75 -27 7.7 +0.6
AQWA Global X Clean Water ETF 0.1 50 -2 4.8 -2.3
CGW Invesco S&P Global Water Index ETF 0.1 57 -9 4.5 -2.6
SMOG VanEck Low Carbon Energy ETF 0.1 61 -13 1.6 -5.5
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 0.1 75 -27 4.3 -2.8
FDIG Fidelity Crypto Industry and Digital Payments ETF 0.1 39 9 -1.1 -8.2
FDHT Fidelity Digital Health ETF 0.1 39 9 0.8 -6.3
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.0 39 9 -0.9 -8.0

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:

NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 9.2 %
Divided by: Fwd. P/BV 1.2 x
Less: Expense ratio 48 bp
Equals: ALTAR Score 7.1 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.60 CATEGORY
AVERAGE		 1.62
 
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.