iShares JPX-Nikkei 400 ETF
ALTAR
Score™		 7.5% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 13.4x P/Sales
ratio		 1.0x
P/BV
ratio		 1.2x Div.
yield		 4.2%


  • 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) $87
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) $33,211
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
SONY CORP 1.9 %
MIZUHO FINANCIAL GROUP INC 1.9 %
MITSUBISHI UFJ FINANCIAL GRO 1.9 %
NINTENDO CO LTD 1.8 %
MITSUBISHI HEAVY INDUSTRIES 1.7 %
SUMITOMO MITSUI FINANCIAL GR 1.6 %
HITACHI LTD 1.6 %
RECRUIT HOLDINGS CO LTD 1.6 %
TAKEDA PHARMACEUTICAL CO LTD 1.5 %
NIPPON TELEGRAPH AND TELEPHONE COR 1.5 %
Total 17.1 %

TOP COUNTRY EXPOSURE
JAPAN 99.7 %










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.
2.4% 0.7% 6.9% 5.0% 4.2%

Market Correlations
versus... Beta R-squared
S&P500 0.79 72%
MSCI EAFE 0.84 83%
MSCI Emg. Mkts. 0.75 66%

Technical Indicators
Recent close $72.57
30d moving avg. $74.05
Annualized volatility 15.9%
Short interest (ETF) 0.8%
Relative strength (RSI) 50

Liquidity measures
Avg. volume (thou.) 31
Turnover 2.6%
Bid/Ask (% of price) 0.17%
ADV underlying (mns) $18,552

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 360 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™: 7.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH JPXN
Ticker Fund
Name		 Overlap1
vs JPXN
(%)		 Expense
ratio
(bp)		 Savings
vs JPXN
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs JPXN
(%)
EWJ iShares MSCI Japan ETF 79.5 50 -2 7.1 -0.4
BBJP JPMorgan BetaBuilders Japan ETF 78.6 19 29 7.6 +0.0
FLJP Franklin FTSE Japan ETF 77.3 9 39 7.0 -0.5
DBJP Xtrackers MSCI Japan Hedged Equity ETF 77.3 47 1 7.1 -0.4
FLJH Franklin FTSE Japan Hedged ETF 76.4 9 39 6.7 -0.8
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 68.4 25 23 7.4 -0.1
IPAC iShares Core MSCI Pacific ETF 55.5 9 39 7.1 -0.4
DXJ WisdomTree Japan Hedged Equity Fund 55.2 48 0 8.4 +0.9
EWJV iShares MSCI Japan Value ETF 49.5 15 33 9.8 +2.3
VPL Vanguard FTSE Pacific ETF 48.9 8 40 7.7 +0.1
FJP First Trust Japan AlphaDEX Fund 33.8 80 -32 10.3 +2.8
INEQ Columbia International Equity Income ETF 29.2 45 3 8.7 +1.2
IVLU iShares MSCI Intl Value Factor ETF 25.5 30 18 11.1 +3.6
IQSI IQ Candriam International Equity ETF 23.8 15 33 6.7 -0.8
CEFA Global X S&P Catholic Values Developed ex-US ETF 23.7 35 13 5.9 -1.7
IDMO Invesco S&P International Developed Momentum ETF 23.0 25 23 5.7 -1.8
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 22.7 14 34 6.0 -1.5
HFXI IQ FTSE International Equity Currency Neutral ETF 21.8 20 28 7.4 -0.1
GSID Goldman Sachs MarketBeta International Equity ETF 21.7 20 28 7.1 -0.4
PATN Pacer Nasdaq International Patent Leaders ETF 21.5 65 -17 4.0 -3.5
FNDF Schwab Fundamental International Large Co. Index ETF 21.4 25 23 10.1 +2.6
DMXF iShares ESG Advanced MSCI EAFE ETF 21.3 12 36 5.8 -1.8
VIGI Vanguard International Dividend Appreciation ETF 21.2 15 33 6.2 -1.3
JHMD John Hancock Multifactor Developed International ETF 20.6 39 9 7.8 +0.3
EFA iShares MSCI EAFE ETF 20.5 35 13 7.0 -0.5
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 20.3 20 28 6.6 -0.9
EFV iShares MSCI EAFE Value ETF 20.2 34 14 9.4 +1.9
EFG iShares MSCI EAFE Growth ETF 20.2 36 12 4.5 -3.0
ESGD iShares ESG Aware MSCI EAFE ETF 20.2 20 28 7.1 -0.4
JIRE JPMorgan International Research Enhanced Equity ETF 20.0 24 24 7.4 -0.1
DIHP Dimensional International High Profitability ETF 20.0 29 19 7.4 -0.1
IEFA iShares Core MSCI EAFE ETF 19.9 7 41 7.4 -0.2
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 19.9 36 12 6.9 -0.6
FENI Fidelity Enhanced International ETF 19.6 28 20 7.0 -0.5
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 19.5 24 24 6.4 -1.1
BKIE BNY Mellon International Equity ETF 19.4 4 44 7.3 -0.2
DIVI Franklin International Core Dividend Tilt Index ETF 19.3 9 39 8.2 +0.7
QEFA SPDR MSCI EAFE StrategicFactors ETF 19.0 30 18 7.3 -0.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 18.7 45 3 9.3 +1.8
SCHF Schwab International Equity ETF 18.6 6 42 7.7 +0.2
SPDW SPDR Portfolio Developed World ex-US ETF 18.5 3 45 7.5 -0.0
DFIV Dimensional International Value ETF 18.3 27 21 10.4 +2.9
IDEV iShares Core MSCI International Developed Markets ETF 17.9 4 44 7.4 -0.2
DFAI Dimensional International Core Equity Market ETF 17.6 18 30 7.6 +0.1
IMTM iShares MSCI Intl Momentum Factor ETF 17.6 30 18 5.6 -1.9
INTF iShares International Equity Factor ETF 17.5 15 33 8.1 +0.6
STXI Strive International Developed Markets ETF 17.5 29 19 5.9 -1.6
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 17.4 39 9 7.0 -0.6
VEA Vanguard FTSE Developed Markets ETF 17.2 5 43 7.6 +0.0
FDT First Trust Developed Markets ex-US AlphaDEX Fund 17.1 80 -32 10.0 +2.5
NUDM Nuveen ESG International Developed Markets Equity ETF 17.1 31 17 6.6 -0.9
JPIN J.P. Morgan Diversified Return International Equity ETF 17.0 37 11 8.9 +1.4
IGRO iShares International Dividend Growth ETF 17.0 15 33 7.3 -0.2
RFDI First Trust Riverfront Dynamic Developed International ETF 17.0 83 -35 10.0 +2.5
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 16.4 12 36 6.2 -1.3
GSIE Goldman Sachs ActiveBeta International Equity ETF 16.4 25 23 7.5 -0.0
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 16.3 20 28 6.7 -0.8
FIVA Fidelity International Value Factor ETF 16.0 18 30 10.5 +3.0
QINT American Century Quality Diversified International ETF 15.7 39 9 7.6 +0.1
EFAV iShares MSCI EAFE Min Vol Factor ETF 15.7 22 26 5.8 -1.7
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 15.7 65 -17 4.1 -3.4
DFIC Dimensional International Core Equity 2 ETF 15.3 23 25 7.9 +0.4
DFSI Dimensional International Sustainability Core 1 ETF 15.1 24 24 6.6 -0.9
DIM WisdomTree International MidCap Dividend Fund 14.8 58 -10 7.7 +0.2
DWM WisdomTree International Equity Fund 14.7 48 0 7.7 +0.2
VWID Virtus WMC International Dividend ETF 14.6 49 -1 8.8 +1.3
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 14.4 40 8 7.5 +0.0
TPIF Timothy Plan International ETF 14.2 62 -14 6.5 -1.0
CIL VictoryShares International Volatility Wtd ETF 14.2 45 3 7.0 -0.6
DOL WisdomTree International LargeCap Dividend Fund 13.9 48 0 7.5 -0.0
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 13.8 39 9 8.3 +0.8
GXUS Goldman Sachs MarketBeta Total International Equity ETF 13.7 18 30 8.1 +0.6
VEU Vanguard FTSE All-World ex-US Index Fund 13.6 8 40 8.5 +1.0
IMFL Invesco International Developed Dynamic Multifactor ETF 13.6 34 14 6.2 -1.3
VSGX Vanguard ESG International Stock ETF 13.5 12 36 8.2 +0.7
JHID John Hancock International High Dividend ETF 13.5 46 2 10.3 +2.8
CGIE Capital Group International Equity ETF 13.4 54 -6 5.1 -2.4
CWI SPDR MSCI ACWI ex-US ETF 13.1 30 18 8.2 +0.7
SCJ iShares MSCI Japan Small-Cap ETF 13.0 50 -2 6.8 -0.7
AVDE Avantis International Equity ETF 13.0 23 25 8.0 +0.5
ACWX iShares MSCI ACWI ex U.S. ETF 12.9 34 14 8.1 +0.6
FDEV Fidelity International Multifactor ETF 12.9 18 30 7.7 +0.2
SCZ iShares MSCI EAFE Small-Cap ETF 12.8 40 8 7.4 -0.1
AVSD Avantis Responsible International Equity ETF 12.8 23 25 6.8 -0.7
RODM Hartford Multifactor Developed Markets (ex-US) ETF 12.7 29 19 8.2 +0.7
IQDG WisdomTree International Quality Dividend Growth Fund 12.6 42 6 7.2 -0.3
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 12.6 58 -10 7.1 -0.5
VXUS Vanguard Total International Stock ETF 12.5 7 41 8.3 +0.8
IQLT iShares MSCI Intl Quality Factor ETF 12.4 30 18 6.3 -1.2
IXUS iShares Core MSCI Total International Stock ETF 12.4 7 41 8.3 +0.8
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 12.3 41 7 7.1 -0.4
UMMA Wahed Dow Jones Islamic World ETF 12.1 65 -17 5.3 -2.3
PPIE Putnam PanAgora ESG International Equity ETF 12.1 49 -1 7.8 +0.3
VYMI Vanguard International High Dividend Yield ETF 12.1 22 26 10.0 +2.5
DTAN Sparkline International Intangible Value ETF 11.7 55 -7 7.2 -0.3
AVIV Avantis International Large Cap Value ETF 11.7 25 23 9.3 +1.8
EXI iShares Global Industrials ETF 11.5 42 6 4.9 -2.6
IDHQ Invesco S&P International Developed High Quality ETF 11.3 29 19 6.7 -0.8
EFAD ProShares MSCI EAFE Dividend Growers ETF 11.2 50 -2 5.8 -1.7
IQDF FlexShares International Quality Dividend Index Fund 10.9 47 1 9.5 +2.0
ICOW Pacer Developed Markets International Cash Cows 100 ETF 10.7 65 -17 12.2 +4.7
LVHI Franklin International Low Volatility High Dividend Index ET 10.5 40 8 11.0 +3.5
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 10.5 32 16 6.1 -1.4
DFAX Dimensional World ex U.S. Core Equity 2 ETF 10.3 30 18 8.6 +1.1
JIG JPMorgan International Growth ETF 10.2 55 -7 4.8 -2.7
IQDY FlexShares International Quality Dividend Dynamic Index Fund 10.2 47 1 9.0 +1.5
UIVM VictoryShares International Value Momentum ETF 10.2 35 13 9.5 +2.0
KNO AXS Knowledge Leaders ETF 9.8 78 -30 6.1 -1.4
RXI iShares Global Consumer Discretionary ETF 9.8 41 7 9.2 +1.7
RODE Hartford Multifactor Diversified International ETF 9.7 29 19 9.9 +2.4
DGT SPDR Global Dow ETF 9.5 50 -2 7.5 -0.0
GCOW Pacer Global Cash Cows Dividend ETF 9.4 60 -12 10.9 +3.4
FIDI Fidelity International High Dividend ETF 9.2 18 30 9.0 +1.5
FNDC Schwab Fundamental International Small Co. Index ETF 9.0 39 9 6.3 -1.2
DSTX Distillate International Fundamental Stability & Value ETF 9.0 55 -7 8.4 +0.9
ACWV iShares MSCI Global Min Vol Factor ETF 8.8 20 28 5.9 -1.7
NXTG First Trust Indxx NextG ETF 8.3 70 -22 5.8 -1.7
WLDR Affinity World Leaders Equity ETF 8.2 67 -19 8.3 +0.8
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 8.0 42 6 6.8 -0.7
IVAL Alpha Architect International Quantitative Value ETF 7.8 49 -1 10.6 +3.1
RGEF Rockefeller Global Equity ETF 7.4 55 -7 5.2 -2.3
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 7.4 49 -1 7.3 -0.2
QWLD SPDR MSCI World StrategicFactors ETF 7.2 30 18 5.9 -1.6
CGXU Capital Group International Focus Equity ETF 6.9 54 -6 5.9 -1.7
ESGG FlexShares STOXX Global ESG Select Index Fund 6.8 42 6 5.4 -2.1
BULD Pacer BlueStar Engineering the Future ETF 6.7 60 -12 2.0 -5.5
QTUM Defiance Quantum ETF 6.6 40 8 7.7 +0.2
WRND IQ Global Equity R&D Leaders ETF 6.6 18 30 7.9 +0.4
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 6.5 9 39 9.2 +1.7
IBOT Vaneck Robotics ETF 6.5 47 1 4.6 -2.9
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 6.4 80 -32 4.9 -2.6
DWX SPDR S&P International Dividend ETF 6.4 45 3 6.6 -1.0
CLNR IQ Cleaner Transport ETF 6.4 45 3 7.3 -0.3
DTH WisdomTree International High Dividend Fund 6.3 58 -10 9.1 +1.6
AIVI WisdomTree International AI Enhanced Value Fund 6.3 58 -10 7.5 0.0
WWJD Inspire International ETF 6.1 80 -32 7.6 +0.1
OSEA Harbor International Compounders ETF 6.0 55 -7 4.7 -2.8
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 5.9 80 -32 5.7 -1.8
IDOG ALPS International Sector Dividend Dogs ETF 5.9 50 -2 12.2 +4.7
IXP iShares Global Comm Services ETF 5.8 42 6 6.7 -0.8
BINV Brandes International ETF 5.7 70 -22 9.5 +2.0
FBOT Fidelity Disruptive Automation ETF 5.6 50 -2 4.0 -3.6
IMOM Alpha Architect International Quantitative Momentum ETF 5.3 49 -1 4.8 -2.8
GLOF iShares Global Equity Factor ETF 5.3 20 28 6.8 -0.7
JSTC Adasina Social Justice All Cap Global ETF 5.3 89 -41 4.5 -3.0
URTH iShares MSCI World ETF 5.2 24 24 5.5 -2.0
BKCI BNY Mellon Concentrated International ETF 5.2 80 -32 4.9 -2.6
DWMF WisdomTree International Multifactor Fund 5.1 38 10 6.9 -0.6
IXG iShares Global Financials ETF 5.1 42 6 7.2 -0.3
ROBO ROBO Global Robotics & Automation Index ETF 5.0 95 -47 4.0 -3.5
KLMT Invesco MSCI Global Climate 500 ETF 4.9 10 38 6.1 -1.4
CGDG Capital Group Dividend Growers ETF 4.9 47 1 6.3 -1.2
KXI iShares Global Consumer Staples ETF 4.8 41 7 5.4 -2.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 4.7 9 39 6.1 -1.4
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 4.7 75 -27 5.9 -1.6
VT Vanguard Total World Stock ETF 4.7 7 41 6.3 -1.2
ACWI iShares MSCI ACWI ETF 4.6 32 16 6.0 -1.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 4.6 20 28 6.0 -1.5
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 4.6 47 1 5.7 -1.9
BNGE First Trust S-Network Streaming and Gaming ETF 4.5 70 -22 3.6 -3.9
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 4.5 65 -17 3.5 -4.0
WBAT WisdomTree Battery Value Chain and Innovation Fund 4.5 45 3 0.0 -7.5
ARVR First Trust Indxx Metaverse ETF 4.4 70 -22 5.9 -1.6
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 4.2 25 23 6.0 -1.5
DRIV Global X Autonomous & Electric Vehicles ETF 4.0 68 -20 6.8 -0.7
CARZ First Trust NASDAQ Global Auto Index Fund 4.0 70 -22 6.0 -1.5
OAIM OneAscent International Equity ETF 4.0 95 -47 6.2 -1.4
IXJ iShares Global Healthcare ETF 4.0 42 6 6.6 -0.9
GINN Goldman Sachs Innovate Equity ETF 3.9 52 -4 4.4 -3.2
METV Roundhill Ball Metaverse ETF 3.8 59 -11 8.2 +0.7
FPXI First Trust International Equity Opportunities ETF 3.7 70 -22 3.9 -3.7
GTEK Goldman Sachs Future Tech Leaders Equity ETF 3.7 75 -27 3.5 -4.0
MOTG VanEck Morningstar Global Wide Moat ETF 3.6 52 -4 6.7 -0.8
AGQI First Trust Active Global Quality Income ETF 3.6 85 -37 6.6 -0.9
FYLD Cambria Foreign Shareholder Yield ETF 3.5 59 -11 12.5 +5.0
IBAT iShares Energy Storage & Materials ETF 3.5 47 1 5.3 -2.2
BLES Inspire Global Hope ETF 3.4 61 -13 6.8 -0.7
IXN iShares Global Tech ETF 3.4 41 7 4.5 -3.0
SDG iShares MSCI Global Sustainable Development Goals ETF 3.4 49 -1 6.0 -1.5
BOTZ Global X Robotics & Artificial Intelligence ETF 3.4 69 -21 2.6 -4.9
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 3.2 68 -20 2.7 -4.8
NERD Roundhill Video Games ETF 3.2 50 -2 3.9 -3.7
SCHY Schwab International Dividend Equity ETF 3.2 14 34 9.8 +2.3
MXI iShares Global Materials ETF 3.2 41 7 8.0 +0.5
DFIS Dimensional International Small Cap ETF 3.1 39 9 7.9 +0.4
ESPO VanEck Video Gaming and eSports ETF 3.1 56 -8 4.8 -2.8
ODDS Pacer BlueStar Digital Entertainment ETF 3.1 60 -12 4.9 -2.6
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.1 12 36 5.1 -2.4
IPAV Global X Infrastructure Development ex-U.S. ETF 3.1 55 -7 4.5 -3.0
XT iShares Exponential Technologies ETF 3.1 46 2 5.5 -2.0
URA Global X Uranium ETF 3.0 69 -21 3.5 -4.1
KOCG FIS Knights of Columbus Global Belief ETF 3.0 75 -27 5.4 -2.2
TEMP JPMorgan Climate Change Solutions ETF 3.0 49 -1 5.9 -1.7
BOTT Themes Robotics & Automation ETF 2.9 35 13 4.5 -3.1
GGME Invesco Next Gen Media and Gaming ETF 2.9 60 -12 5.0 -2.6
DLS WisdomTree International SmallCap Dividend Fund 2.8 58 -10 8.9 +1.4
IPKW Invesco International BuyBack Achievers ETF 2.8 55 -7 15.3 +7.8
KNCT Invesco Next Gen Connectivity ETF 2.7 40 8 5.1 -2.5
IDLV Invesco S&P International Developed Low Volatility ETF 2.7 25 23 6.3 -1.2
HERO Global X Video Games & Esports ETF 2.7 50 -2 4.6 -2.9
MDEV First Trust Indxx Medical Devices ETF 2.7 70 -22 1.2 -6.4
VNQI Vanguard Global ex-U.S. Real Estate ETF 2.6 12 36 7.7 +0.2
CGGO Capital Group Global Growth Equity ETF 2.6 47 1 5.0 -2.5
RAYD Rayliant Quantitative Developed Market Equity ETF 2.6 80 -32 4.7 -2.8
JGLO JPMorgan Global Select Equity ETF 2.6 33 15 5.1 -2.4
DFJ WisdomTree Japan SmallCap Dividend Fund 2.5 58 -10 8.3 +0.8
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 2.5 58 -10 7.7 +0.2
IOO iShares Global 100 ETF 2.4 41 7 5.4 -2.2
ANEW ProShares MSCI Transformational Changes ETF 2.4 45 3 7.0 -0.5
AVDV Avantis International Small Cap Value ETF 2.3 36 12 10.9 +3.4
GWX SPDR S&P International Small Cap ETF 2.3 40 8 6.7 -0.8
DINT Davis Select International ETF 2.3 55 -7 8.3 +0.8
IGPT Invesco AI and Next Gen Software ETF 2.2 60 -12 4.9 -2.6
FPAG FPA Global Equity ETF 2.2 49 -1 6.3 -1.2
DTEC ALPS Disruptive Technologies ETF 2.2 50 -2 4.0 -3.5
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 2.1 10 38 7.5 0.0
IVRS iShares Future Metaverse Tech and Communications ETF 2.1 47 1 2.8 -4.7
ISCF iShares International SmallCap Equity Factor ETF 2.1 23 25 8.6 +1.1
FDTX Fidelity Disruptive Technology ETF 2.1 50 -2 3.0 -4.5
SHPP Pacer Industrials and Logistics ETF 2.0 60 -12 5.1 -2.4
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 2.0 80 -32 11.8 +4.3
AGNG Global X Aging Population ETF 2.0 50 -2 4.2 -3.3
FAN First Trust Global Wind Energy ETF 1.9 60 -12 5.3 -2.3
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.9 65 -17 8.6 +1.0
CANC Tema Oncology ETF 1.8 75 -27 -2.0 -9.5
TMFG Motley Fool Global Opportunities ETF 1.8 85 -37 3.5 -4.0
FID First Trust S&P International Dividend Aristocrats ETF 1.8 60 -12 9.1 +1.5
TTAI FCF International Quality ETF 1.8 59 -11 6.9 -0.6
CCNR ALPS CoreCommodity Natural Resources ETF 1.8 39 9 11.0 +3.5
IFGL iShares International Developed Real Estate ETF 1.7 48 0 6.3 -1.3
ERET iShares Environmentally Aware Real Estate ETF 1.7 30 18 3.1 -4.4
GLBL Pacer MSCI World Industry Advantage ETF 1.7 65 -17 5.0 -2.5
THNR Amplify Weight Loss Drug & Treatment ETF 1.7 59 -11 5.8 -1.7
MOTI VanEck Morningstar International Moat ETF 1.7 58 -10 12.8 +5.3
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 1.6 7 41 7.0 -0.5
IDNA iShares Genomics Immunology and Healthcare ETF 1.6 47 1 -2.1 -9.6
AIQ Global X Artificial Intelligence & Technology ETF 1.6 68 -20 4.7 -2.9
EV Mast Global Battery Recycling & Production ETF 1.5 65 -17 11.6 +4.1
OCEN IQ Clean Oceans ETF 1.5 45 3 5.7 -1.8
SCHC Schwab International Small-Cap Equity ETF 1.5 11 37 7.1 -0.4
WDIV SPDR S&P Global Dividend ETF 1.5 40 8 9.6 +2.1
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.4 58 -10 5.5 -2.0
PICK iShares MSCI Global Metals & Mining Producers ETF 1.4 39 9 14.1 +6.6
GSFP Goldman Sachs Future Planet Equity ETF 1.4 75 -27 4.8 -2.7
GDOC Goldman Sachs Future Health Care Equity ETF 1.4 75 -27 2.7 -4.9
MOTO SmartETFs Smart Transportation & Technology ETF 1.4 68 -20 7.8 +0.2
HAP VanEck Natural Resources ETF 1.4 50 -2 10.0 +2.5
LIT Global X Lithium & Battery Tech ETF 1.3 75 -27 5.9 -1.6
DEW WisdomTree Global High Dividend Fund 1.3 58 -10 7.7 +0.2
HYDR Global X Hydrogen ETF 1.3 50 -2 -8.4 -15.9
EFAS Global X MSCI SuperDividend EAFE ETF 1.3 57 -9 8.5 +1.0
ION ProShares S&P Global Core Battery Metals ETF 1.2 58 -10 11.2 +3.7
LIMI Themes Lithium & Battery Metal Miners ETF 1.2 35 13 0.0 -7.5
WDNA WisdomTree BioRevolution Fund 1.2 45 3 0.0 -7.5
FILL iShares MSCI Global Energy Producers ETF 1.2 39 9 11.4 +3.9
CZAR Themes Natural Monopoly ETF 1.1 35 13 2.8 -4.7
JXI iShares Global Utilities ETF 1.1 43 5 6.0 -1.5
OZEM Roundhill GLP-1 & Weight Loss ETF 1.1 59 -11 1.1 -6.4
HART IQ Healthy Hearts ETF 1.0 45 3 6.6 -0.9
ARTY iShares Future AI & Tech ETF 1.0 47 1 4.1 -3.5
IVES Wedbush ETFMG Global Cloud Technology ETF 1.0 68 -20 9.3 +1.7
AIVC Amplify Bloomberg AI Value Chain ETF 1.0 59 -11 8.6 +1.1
GQRE FlexShares Global Quality Real Estate Index Fund 1.0 45 3 4.1 -3.4
IXC iShares Global Energy ETF 0.8 44 4 9.8 +2.3
IBLC iShares Blockchain and Tech ETF 0.8 47 1 -4.1 -11.6
IDAT iShares Future Cloud 5G and Tech ETF 0.8 47 1 4.8 -2.8
GNR SPDR S&P Global Natural Resources ETF 0.8 40 8 11.4 +3.9
DISV Dimensional International Small Cap Value ETF 0.8 42 6 9.7 +2.1
ARKX ARK Space Exploration & Innovation ETF 0.8 75 -27 -0.3 -7.9
CRAK VanEck Oil Refiners ETF 0.8 61 -13 15.4 +7.9
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.8 72 -24 -1.2 -8.7
HRTS Tema GLP-1 Obesity & Cardiometabolic ETF 0.8 75 -27 0.9 -6.6
WTAI WisdomTree Artificial Intelligence and Innovation Fund 0.8 45 3 3.5 -4.1
RWO SPDR Dow Jones Global Real Estate ETF 0.8 50 -2 2.9 -4.7
RWX SPDR Dow Jones International Real Estate ETF 0.8 59 -11 5.9 -1.6
HTEC ROBO Global Healthcare Technology and Innovation ETF 0.7 68 -20 2.5 -5.1
IQM Franklin Intelligent Machines ETF 0.7 50 -2 2.6 -4.9
SAGP Strategas Global Policy Opportunities ETF 0.7 65 -17 5.3 -2.3
IQRA IQ CBRE Real Assets ETF 0.7 65 -17 2.7 -4.9
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.7 56 -8 12.6 +5.1
BATT Amplify Lithium & Battery Technology ETF 0.7 59 -11 3.8 -3.7
SNSR Global X Internet of Things ETF 0.6 68 -20 5.0 -2.5
FDCF Fidelity Disruptive Communications ETF 0.6 50 -2 3.3 -4.2
BOAT SonicShares Global Shipping ETF 0.6 69 -21 31.6 +24.0
CGDV Capital Group Dividend Value ETF 0.6 33 15 4.9 -2.6
EFRA iShares Environmental Infrastructure and Industrials ETF 0.6 47 1 4.4 -3.1
FTAG First Trust Indxx Global Agriculture ETF 0.6 70 -22 8.1 +0.6
CGV Conductor Global Equity Value ETF 0.6 130 -82 9.2 +1.7
MOO VanEck Agribusiness ETF 0.5 53 -5 10.8 +3.3
FDNI First Trust Dow Jones International Internet ETF 0.5 65 -17 19.5 +11.9
CRTC Xtrackers US National Critical Technologies ETF 0.5 35 13 5.3 -2.2
AZTD Aztlan Global Stock Selection DM SMID ETF 0.5 75 -27 8.4 +0.9
OGIG ALPS O'Shares Global Internet Giants ETF 0.5 48 0 1.9 -5.6
VEGI iShares MSCI Agriculture Producers ETF 0.5 39 9 8.8 +1.3
PIO Invesco Global Water ETF 0.4 75 -27 4.9 -2.6
OND ProShares On-Demand ETF 0.4 58 -10 1.5 -6.0
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.4 85 -37 3.9 -3.6
BCDF Horizon Kinetics Blockchain Development ETF 0.4 85 -37 4.5 -3.1
HDRO Defiance Next Gen H2 ETF 0.4 30 18 -10.1 -17.6
VIDI Vident International Equity Strategy ETF 0.4 61 -13 12.0 +4.5
EATV VegTech Plant-based Innovation & Climate ETF 0.4 75 -27 5.4 -2.1
KROP Global X AgTech & Food Innovation ETF 0.4 50 -2 7.0 -0.5
IVEG iShares Emergent Food and AgTech Multisector ETF 0.4 47 1 8.5 +1.0
STCE Schwab Crypto Thematic ETF 0.3 30 18 1.8 -5.8
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.3 46 2 4.9 -2.6
ARKF ARK Fintech Innovation ETF 0.3 75 -27 -0.3 -7.8
FICS First Trust International Developed Capital Strength ETF 0.3 70 -22 5.7 -1.8
ISHP First Trust Nasdaq Retail ETF 0.3 60 -12 5.5 -2.0
FTRI First Trust Indxx Global Natural Resources Income ETF 0.3 70 -22 8.6 +1.1
BMED Future Health ETF 0.3 85 -37 2.4 -5.1
AIS VistaShares Artificial Intelligence Supercycle ETF 0.3 75 -27 4.6 -2.9
TRFK Pacer Data and Digital Revolution ETF 0.3 60 -12 3.9 -3.6
BKCH Global X Blockchain ETF 0.3 50 -2 -4.3 -11.9
BLOK Amplify Transformational Data Sharing ETF 0.3 75 -27 0.4 -7.2
ETEC iShares Breakthrough Environmental Solutions ETF 0.3 47 1 5.8 -1.7
WOOD iShares Global Timber & Forestry ETF 0.2 42 6 9.5 +2.0
TINY ProShares Nanotechnology ETF 0.2 58 -10 5.8 -1.7
ICLN iShares Global Clean Energy ETF 0.2 41 7 6.4 -1.2
VCLN Virtus Duff & Phelps Clean Energy ETF 0.2 59 -11 6.2 -1.3
LUX Tema Luxury ETF 0.2 75 -27 2.6 -4.9
SOCL Global X Social Media ETF 0.2 65 -17 12.9 +5.4
DMAT Global X Disruptive Materials ETF 0.2 59 -11 9.2 +1.7
SUPL ProShares Supply Chain Logistics ETF 0.2 58 -10 5.4 -2.2
FDRR Fidelity Dividend ETF for Rising Rates 0.2 15 33 7.6 +0.1
FDVV Fidelity High Dividend ETF 0.2 15 33 7.5 -0.0
BUG Global X Cybersecurity ETF 0.2 51 -3 2.8 -4.8
CIBR First Trust NASDAQ Cybersecurity ETF 0.2 60 -12 4.2 -3.3
HACK ETFMG Prime Cyber Security ETFMG Prime Cyber Security Fund 0.2 60 -12 3.0 -4.5
IHAK iShares Cybersecurity & Tech ETF 0.2 47 1 3.8 -3.8
WCBR WisdomTree Cybersecurity Fund 0.2 45 3 1.9 -5.6
XDAT Franklin Exponential Data ETF 0.2 50 -2 2.1 -5.4
SPAM Themes Cybersecurity ETF 0.2 35 13 1.7 -5.8
CLOD Themes Cloud Computing ETF 0.2 35 13 2.1 -5.4
COPX Global X Copper Miners ETF 0.2 65 -17 8.9 +1.4
GMET VanEck Green Metals ETF 0.2 63 -15 10.8 +3.3
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.2 85 -37 8.0 +0.5
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.2 86 -38 13.7 +6.2
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.2 60 -12 13.3 +5.7
FMET Fidelity Metaverse ETF 0.2 39 9 5.1 -2.4
IBUY Amplify Online Retail ETF 0.2 65 -17 3.7 -3.9
BUYZ Franklin Disruptive Commerce ETF 0.1 50 -2 2.6 -5.0
PRNT 3D Printing ETF 0.1 66 -18 1.5 -6.0
TINT ProShares Smart Materials ETF 0.1 58 -10 3.1 -4.4
URAN Themes Uranium & Nuclear ETF 0.1 35 13 2.7 -4.8
EBLU Ecofin Global Water ESG Fund 0.1 40 8 4.4 -3.1
CUT Invesco MSCI Global Timber ETF 0.1 61 -13 9.1 +1.6
BJK VanEck Gaming ETF 0.1 65 -17 3.9 -3.6
CLOU Global X Cloud Computing ETF 0.1 68 -20 1.9 -5.6
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 0.1 75 -27 7.3 -0.2
DVYA iShares Asia/Pacific Dividend ETF 0.1 49 -1 8.9 +1.4
IWTR iShares MSCI Water Management Multisector ETF 0.1 47 1 6.5 -1.1
FDHT Fidelity Digital Health ETF 0.1 39 9 1.9 -5.6
SMOG VanEck Low Carbon Energy ETF 0.1 61 -13 1.5 -6.0
AQWA Global X Clean Water ETF 0.1 50 -2 5.0 -2.5
CGW Invesco S&P Global Water Index ETF 0.1 57 -9 4.8 -2.7
GII SPDR S&P Global Infrastructure ETF 0.1 40 8 4.9 -2.6
IGF iShares Global Infrastructure ETF 0.1 41 7 4.9 -2.6
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 0.0 75 -27 4.5 -3.0
FDIG Fidelity Crypto Industry and Digital Payments ETF 0.0 39 9 -0.5 -8.0
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.0 39 9 -1.1 -8.6

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:

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 9.8 %
Divided by: Fwd. P/BV 1.2 x
Less: Expense ratio 48 bp
Equals: ALTAR Score 7.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

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