iShares JPX-Nikkei 400 ETF
ALTAR
Score™		 8.7% info Recommen-
dation		 OVERWEIGHT
2024E    2025E
P/E
ratio		 14.3x P/Sales
ratio		 0.6x
P/BV
ratio		 1.1x Div.
yield		 3.9%


  • 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) $182
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 392
Wgt avg mkt cap (mns) $32,713
Large cap (>$10bn) 65.9%
Mid cap ($2-10bn) 30.2%
Small cap (<$2bn) 3.8%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
RECRUIT HOLDINGS CO LTD 1.8 %
HITACHI LTD 1.8 %
MITSUBISHI UFJ FINANCIAL GRO 1.7 %
MIZUHO FINANCIAL GROUP INC 1.7 %
SONY CORP 1.6 %
MITSUBISHI HEAVY INDUSTRIES 1.6 %
NIPPON TELEGRAPH AND TELEPHONE COR 1.5 %
SUMITOMO MITSUI FINANCIAL GR 1.5 %
ITOCHU CORP 1.5 %
TOKIO MARINE HOLDINGS INC 1.5 %
Total 16.3 %

TOP COUNTRY EXPOSURE
JAPAN 99.7 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
4.1% 15.3% 4.2% 5.0% 4.4%

Market Correlations
versus... Beta R-squared
S&P500 0.79 72%
MSCI EAFE 0.84 85%
MSCI Emg. Mkts. 0.76 68%

Technical Indicators
Recent close $71.40
30d moving avg. $74.84
Annualized volatility 16.1%
Short interest (ETF) 0.3%
Relative strength (RSI) 45

Liquidity measures
Avg. volume (thou.) 32
Turnover 1.3%
Bid/Ask (% of price) 0.17%
ADV underlying (mns) $40,189

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 384 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™: 8.7%


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 79.4 50 -2 8.0 -0.7
DBJP Xtrackers MSCI Japan Hedged Equity ETF 78.5 47 1 7.4 -1.3
BBJP JPMorgan BetaBuilders Japan ETF 78.3 19 29 7.8 -0.9
FLJP Franklin FTSE Japan ETF 77.4 9 39 7.8 -0.9
FLJH Franklin FTSE Japan Hedged ETF 76.9 9 39 7.7 -1.0
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 72.2 25 23 8.6 -0.1
DXJ WisdomTree Japan Hedged Equity Fund 57.5 48 0 8.5 -0.2
IPAC iShares Core MSCI Pacific ETF 54.3 9 39 7.2 -1.5
EWJV iShares MSCI Japan Value ETF 51.0 15 33 10.2 +1.5
VPL Vanguard FTSE Pacific ETF 47.6 8 40 7.7 -1.0
FJP First Trust Japan AlphaDEX Fund 31.2 80 -32 10.3 +1.6
IVLU iShares MSCI Intl Value Factor ETF 28.2 30 18 11.4 +2.8
CEFA Global X S&P Catholic Values Developed ex-US ETF 24.3 35 13 6.6 -2.1
IQSI IQ Candriam International Equity ETF 23.8 15 33 6.6 -2.1
IDMO Invesco S&P International Developed Momentum ETF 23.5 25 23 5.9 -2.8
PATN Pacer Nasdaq International Patent Leaders ETF 23.1 65 -17 6.5 -2.2
DMXF iShares ESG Advanced MSCI EAFE ETF 22.8 12 36 5.5 -3.1
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 22.8 14 34 6.2 -2.5
EFG iShares MSCI EAFE Growth ETF 22.5 36 12 4.5 -4.2
GSID Goldman Sachs MarketBeta International Equity ETF 22.4 20 28 7.0 -1.7
IQIN IQ 500 International ETF 21.7 25 23 9.2 +0.5
JHMD John Hancock Multifactor Developed International ETF 21.7 39 9 7.8 -0.9
EFA iShares MSCI EAFE ETF 21.5 35 13 6.9 -1.8
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 21.5 20 28 6.5 -2.2
FNDF Schwab Fundamental International Large Co. Index ETF 21.5 25 23 9.9 +1.2
DIHP Dimensional International High Profitability ETF 21.4 29 19 7.6 -1.0
ESGD iShares ESG Aware MSCI EAFE ETF 21.3 20 28 6.9 -1.8
HFXI IQ FTSE International Equity Currency Neutral ETF 21.2 20 28 7.1 -1.6
VIGI Vanguard International Dividend Appreciation ETF 21.2 15 33 6.4 -2.3
DIVI Franklin International Core Dividend Tilt Index ETF 21.0 9 39 8.1 -0.6
UIVM VictoryShares International Value Momentum ETF 20.9 35 13 11.0 +2.3
QEFA SPDR MSCI EAFE StrategicFactors ETF 20.8 30 18 7.3 -1.4
IEFA iShares Core MSCI EAFE ETF 20.6 7 41 7.1 -1.5
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 20.4 24 24 8.7 -0.0
EFV iShares MSCI EAFE Value ETF 20.3 34 14 9.4 +0.8
JIRE JPMorgan International Research Enhanced Equity ETF 20.3 24 24 7.1 -1.6
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 20.2 36 12 6.6 -2.1
BKIE BNY Mellon International Equity ETF 20.1 4 44 7.1 -1.6
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 19.1 45 3 8.9 +0.3
SPDW SPDR Portfolio Developed World ex-US ETF 19.1 3 45 7.2 -1.5
EFAV iShares MSCI EAFE Min Vol Factor ETF 18.9 22 26 6.6 -2.1
IMTM iShares MSCI Intl Momentum Factor ETF 18.8 30 18 6.3 -2.4
NUDM Nuveen ESG International Developed Markets Equity ETF 18.8 31 17 6.7 -2.0
FENI Fidelity Enhanced International ETF 18.5 28 20 8.1 -0.6
STXI Strive International Developed Markets ETF 18.4 29 19 6.9 -1.8
SCHF Schwab International Equity ETF 18.4 6 42 7.5 -1.2
DFIV Dimensional International Value ETF 18.3 27 21 10.0 +1.3
IDEV iShares Core MSCI International Developed Markets ETF 18.2 4 44 7.1 -1.6
DFAI Dimensional International Core Equity Market ETF 18.2 18 30 7.3 -1.4
GSIE Goldman Sachs ActiveBeta International Equity ETF 18.2 25 23 7.2 -1.5
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 18.0 51 -3 7.1 -1.6
JPIN J.P. Morgan Diversified Return International Equity ETF 18.0 37 11 8.9 +0.2
CIL VictoryShares International Volatility Wtd ETF 18.0 45 3 7.0 -1.7
INTF iShares International Equity Factor ETF 18.0 15 33 8.2 -0.5
TPIF Timothy Plan International ETF 17.9 62 -14 6.8 -1.9
IGRO iShares International Dividend Growth ETF 17.8 15 33 7.5 -1.1
FIVA Fidelity International Value Factor ETF 17.8 18 30 10.2 +1.6
RFDI First Trust Riverfront Dynamic Developed International ETF 17.7 83 -35 10.0 +1.3
VEA Vanguard FTSE Developed Markets ETF 17.5 5 43 7.3 -1.4
QINT American Century Quality Diversified International ETF 17.3 39 9 7.7 -1.0
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 16.8 20 28 6.9 -1.8
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 16.7 39 9 7.5 -1.1
FDT First Trust Developed Markets ex-US AlphaDEX Fund 16.7 80 -32 9.1 +0.4
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 16.3 65 -17 4.3 -4.4
DIM WisdomTree International MidCap Dividend Fund 16.2 58 -10 7.7 -1.0
DWM WisdomTree International Equity Fund 16.0 48 0 8.0 -0.7
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 15.8 12 36 5.9 -2.8
DFSI Dimensional International Sustainability Core 1 ETF 15.8 24 24 6.5 -2.2
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 15.7 40 8 7.9 -0.8
DFIC Dimensional International Core Equity 2 ETF 15.5 23 25 7.7 -1.0
DOL WisdomTree International LargeCap Dividend Fund 14.9 48 0 7.9 -0.8
GXUS Goldman Sachs MarketBeta Total International Equity ETF 14.3 18 30 7.0 -1.7
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 14.2 39 9 7.4 -1.3
JIG JPMorgan International Growth ETF 14.1 55 -7 4.6 -4.0
FDEV Fidelity International Multifactor ETF 14.1 18 30 7.8 -0.9
IMFL Invesco International Developed Dynamic Multifactor ETF 13.9 34 14 5.9 -2.8
AVDE Avantis International Equity ETF 13.9 23 25 8.1 -0.6
VEU Vanguard FTSE All-World ex-US Index Fund 13.8 8 40 7.3 -1.4
VSGX Vanguard ESG International Stock ETF 13.6 12 36 6.8 -1.9
CWI SPDR MSCI ACWI ex-US ETF 13.5 30 18 6.9 -1.7
UMMA Wahed Dow Jones Islamic World ETF 13.4 65 -17 4.6 -4.1
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 13.3 32 16 6.0 -2.7
ACWX iShares MSCI ACWI ex U.S. ETF 13.2 34 14 7.0 -1.7
IQLT iShares MSCI Intl Quality Factor ETF 13.1 30 18 6.2 -2.5
VXUS Vanguard Total International Stock ETF 12.7 7 41 7.2 -1.5
AVSD Avantis Responsible International Equity ETF 12.7 23 25 7.1 -1.6
CGIE Capital Group International Equity ETF 12.7 54 -6 4.9 -3.8
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 12.7 41 7 7.4 -1.3
IXUS iShares Core MSCI Total International Stock ETF 12.6 7 41 7.2 -1.5
RODM Hartford Multifactor Developed Markets (ex-US) ETF 12.3 29 19 8.6 -0.1
VYMI Vanguard International High Dividend Yield ETF 12.2 22 26 9.8 +1.1
SCJ iShares MSCI Japan Small-Cap ETF 12.0 50 -2 7.0 -1.7
EXI iShares Global Industrials ETF 11.8 42 6 4.5 -4.2
IDHQ Invesco S&P International Developed High Quality ETF 11.8 29 19 6.5 -2.2
SCZ iShares MSCI EAFE Small-Cap ETF 11.8 40 8 6.6 -2.1
JHID John Hancock International High Dividend ETF 11.6 46 2 11.3 +2.7
RODE Hartford Multifactor Diversified International ETF 11.5 29 19 11.8 +3.1
DWMF WisdomTree International Multifactor Fund 11.4 38 10 7.4 -1.3
AVIV Avantis International Large Cap Value ETF 11.3 25 23 9.0 +0.3
IQDY FlexShares International Quality Dividend Dynamic Index Fund 11.2 47 1 9.4 +0.7
IQDG WisdomTree International Quality Dividend Growth Fund 11.2 42 6 6.8 -1.9
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 11.2 58 -10 6.4 -2.3
DTAN Sparkline International Intangible Value ETF 11.1 55 -7 9.2 +0.5
FIDI Fidelity International High Dividend ETF 11.0 18 30 10.9 +2.2
IQDF FlexShares International Quality Dividend Index Fund 10.9 47 1 12.9 +4.2
VWID Virtus WMC International Dividend ETF 10.6 49 -1 9.6 +0.9
DFAX Dimensional World ex U.S. Core Equity 2 ETF 10.5 30 18 8.0 -0.7
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 9.7 68 -20 8.2 -0.4
IQDE FlexShares International Quality Dividend Defensive Index ET 9.7 47 1 14.8 +6.1
DSTX Distillate International Fundamental Stability & Value ETF 9.4 55 -7 8.0 -0.7
KNO AXS Knowledge Leaders ETF 9.2 78 -30 4.9 -3.7
DGT SPDR Global Dow ETF 9.1 50 -2 6.8 -1.9
ACWV iShares MSCI Global Min Vol Factor ETF 9.0 20 28 6.3 -2.3
RXI iShares Global Consumer Discretionary ETF 8.7 41 7 5.4 -3.3
FNDC Schwab Fundamental International Small Co. Index ETF 8.7 39 9 7.2 -1.5
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 8.6 80 -32 5.6 -3.1
EFAD ProShares MSCI EAFE Dividend Growers ETF 8.4 50 -2 5.3 -3.4
NXTG First Trust Indxx NextG ETF 8.0 70 -22 6.2 -2.5
IVAL Alpha Architect International Quantitative Value ETF 7.7 49 -1 9.5 +0.8
CLNR IQ Cleaner Transport ETF 7.7 45 3 6.8 -1.9
CGXU Capital Group International Focus Equity ETF 7.7 54 -6 4.9 -3.8
RGEF Rockefeller Global Equity ETF 7.7 55 -7 5.0 -3.7
WRND IQ Global Equity R&D Leaders ETF 7.5 18 30 7.5 -1.2
WLDR Affinity World Leaders Equity ETF 7.5 67 -19 8.1 -0.6
BIGFX Baron International Growth Retail 7.4 75 -27 3.1 -5.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 7.3 49 -1 7.0 -1.7
IMOM Alpha Architect International Quantitative Momentum ETF 7.3 49 -1 5.7 -3.0
BULD Pacer BlueStar Engineering the Future ETF 7.1 60 -12 1.7 -6.9
EQIN Columbia US Equity Income ETF 7.1 35 13 8.3 -0.4
LVHI Franklin International Low Volatility High Dividend Index ET 7.0 40 8 10.1 +1.4
GCOW Pacer Global Cash Cows Dividend ETF 6.8 60 -12 12.5 +3.8
QWLD SPDR MSCI World StrategicFactors ETF 6.7 30 18 5.9 -2.7
QTUM Defiance Quantum ETF 6.7 40 8 3.6 -5.1
DWX SPDR S&P International Dividend ETF 6.5 45 3 6.5 -2.2
AIVI WisdomTree International AI Enhanced Value Fund 6.5 58 -10 8.5 -0.2
ICOW Pacer Developed Markets International Cash Cows 100 ETF 6.4 65 -17 12.8 +4.1
WWJD Inspire International ETF 6.2 80 -32 7.3 -1.4
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 6.2 25 23 5.6 -3.1
OSEA Harbor International Compounders ETF 6.1 55 -7 4.3 -4.4
BKCI BNY Mellon Concentrated International ETF 5.9 80 -32 4.2 -4.5
DTH WisdomTree International High Dividend Fund 5.7 58 -10 10.1 +1.5
IBOT Vaneck Robotics ETF 5.5 47 1 4.1 -4.6
ESGG FlexShares STOXX Global ESG Select Index Fund 5.5 42 6 5.1 -3.6
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 5.2 80 -32 3.2 -5.5
DRIV Global X Autonomous & Electric Vehicles ETF 5.2 68 -20 4.8 -3.9
FBOT Fidelity Disruptive Automation ETF 5.2 50 -2 3.6 -5.0
ROBO ROBO Global Robotics & Automation Index ETF 5.1 95 -47 3.5 -5.2
URTH iShares MSCI World ETF 5.0 24 24 5.2 -3.5
IXP iShares Global Comm Services ETF 4.9 42 6 5.1 -3.6
BINV Brandes International ETF 4.9 70 -22 8.5 -0.2
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 4.9 9 39 9.9 +1.2
IXG iShares Global Financials ETF 4.8 42 6 6.2 -2.5
KLMT Invesco MSCI Global Climate 500 ETF 4.8 10 38 5.4 -3.3
KXI iShares Global Consumer Staples ETF 4.8 41 7 5.7 -3.0
GLOF iShares Global Equity Factor ETF 4.8 20 28 7.0 -1.7
CGDG Capital Group Dividend Growers ETF 4.6 47 1 6.6 -2.1
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 4.6 47 1 5.5 -3.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 4.6 20 28 5.2 -3.5
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 4.5 42 6 8.1 -0.6
ACWI iShares MSCI ACWI ETF 4.5 32 16 5.3 -3.4
VT Vanguard Total World Stock ETF 4.5 7 41 5.5 -3.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 4.5 9 39 5.4 -3.3
IXJ iShares Global Healthcare ETF 4.4 42 6 6.5 -2.2
SXUS Janus Henderson International Sustainable Equity ETF 4.3 60 -12 4.2 -4.5
WBAT WisdomTree Battery Value Chain and Innovation Fund 4.3 45 3 -0.6 -9.2
FID First Trust S&P International Dividend Aristocrats ETF 4.3 60 -12 9.0 +0.3
WDIV SPDR S&P Global Dividend ETF 3.9 40 8 9.4 +0.7
OAIM OneAscent International Equity ETF 3.9 95 -47 5.1 -3.6
CID VictoryShares International High Div Volatility Wtd ETF 3.9 45 3 11.9 +3.2
IBAT iShares Energy Storage & Materials ETF 3.9 47 1 3.1 -5.6
MOTG VanEck Morningstar Global Wide Moat ETF 3.8 52 -4 5.6 -3.1
CARZ First Trust NASDAQ Global Auto Index Fund 3.8 70 -22 3.8 -4.9
BNGE First Trust S-Network Streaming and Gaming ETF 3.7 70 -22 -3.5 -12.2
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 3.7 65 -17 0.2 -8.4
GLBL Pacer MSCI World Industry Advantage ETF 3.7 65 -17 4.7 -4.0
ARVR First Trust Indxx Metaverse ETF 3.7 70 -22 0.8 -7.9
JSTC Adasina Social Justice All Cap Global ETF 3.6 89 -41 4.9 -3.8
GTEK Goldman Sachs Future Tech Leaders Equity ETF 3.6 75 -27 2.9 -5.8
BTEK Future Tech ETF 3.5 88 -40 2.3 -6.4
BOTZ Global X Robotics & Artificial Intelligence ETF 3.5 69 -21 2.4 -6.3
IDOG ALPS International Sector Dividend Dogs ETF 3.5 50 -2 12.8 +4.1
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 3.5 75 -27 4.6 -4.1
BOTT Themes Robotics & Automation ETF 3.4 35 13 4.7 -3.9
XT iShares Exponential Technologies ETF 3.4 46 2 4.8 -3.9
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 3.4 58 -10 7.8 -0.9
DFJ WisdomTree Japan SmallCap Dividend Fund 3.4 58 -10 7.9 -0.8
BLES Inspire Global Hope ETF 3.4 61 -13 6.4 -2.2
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.4 12 36 4.8 -3.9
SDG iShares MSCI Global Sustainable Development Goals ETF 3.4 49 -1 5.6 -3.0
MXI iShares Global Materials ETF 3.3 41 7 7.0 -1.7
RAYD Rayliant Quantitative Developed Market Equity ETF 3.3 80 -32 3.8 -4.8
AGQI First Trust Active Global Quality Income ETF 3.2 85 -37 5.9 -2.8
BNE Blue Horizon BNE ETF 3.2 87 -39 4.6 -4.1
SCHY Schwab International Dividend Equity ETF 3.2 14 34 9.3 +0.7
DLS WisdomTree International SmallCap Dividend Fund 3.2 58 -10 8.8 +0.1
TEMP JPMorgan Climate Change Solutions ETF 3.2 49 -1 5.5 -3.2
FYLD Cambria Foreign Shareholder Yield ETF 3.2 59 -11 13.6 +4.9
IPAV Global X Infrastructure Development ex-U.S. ETF 3.2 55 -7 9.7 +1.0
DFIS Dimensional International Small Cap ETF 3.1 39 9 6.9 -1.8
IXN iShares Global Tech ETF 3.1 41 7 4.5 -4.2
URA Global X Uranium ETF 3.1 69 -21 2.4 -6.3
KOCG FIS Knights of Columbus Global Belief ETF 3.1 75 -27 5.0 -3.7
METV Roundhill Ball Metaverse ETF 3.0 59 -11 3.4 -5.3
MDEV First Trust Indxx Medical Devices ETF 3.0 70 -22 4.3 -4.4
GINN Goldman Sachs Innovate Equity ETF 2.8 52 -4 2.8 -5.9
IDLV Invesco S&P International Developed Low Volatility ETF 2.7 25 23 6.2 -2.4
NTZG Nuveen Global Net Zero Transition ETF 2.7 56 -8 4.7 -4.0
AVDV Avantis International Small Cap Value ETF 2.6 36 12 8.1 -0.5
DMDV AAM S&P Developed Markets High Dividend Value ETF 2.6 39 9 12.1 +3.4
NERD Roundhill Video Games ETF 2.6 50 -2 7.1 -1.5
VNQI Vanguard Global ex-U.S. Real Estate ETF 2.5 12 36 8.3 -0.4
FPXI First Trust International Equity Opportunities ETF 2.5 70 -22 4.9 -3.8
KNCT Invesco Next Gen Connectivity ETF 2.5 40 8 5.6 -3.1
FDTX Fidelity Disruptive Technology ETF 2.5 50 -2 2.8 -5.9
ESPO VanEck Video Gaming and eSports ETF 2.5 56 -8 3.5 -5.2
ODDS Pacer BlueStar Digital Entertainment ETF 2.5 60 -12 2.3 -6.4
DINT Davis Select International ETF 2.5 55 -7 6.0 -2.7
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 2.4 45 3 5.7 -3.0
GGME Invesco Next Gen Media and Gaming ETF 2.4 60 -12 3.5 -5.2
GWX SPDR S&P International Small Cap ETF 2.3 40 8 6.5 -2.2
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 2.3 68 -20 2.1 -6.6
HERO Global X Video Games & Esports ETF 2.2 50 -2 4.4 -4.2
IGPT Invesco AI and Next Gen Software ETF 2.2 60 -12 3.8 -4.9
CANC Tema Oncology ETF 2.2 75 -27 -3.6 -12.3
IOO iShares Global 100 ETF 2.2 41 7 4.8 -3.9
ISCF iShares International SmallCap Equity Factor ETF 2.2 23 25 9.1 +0.4
AGNG Global X Aging Population ETF 2.1 50 -2 4.2 -4.5
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 2.1 10 38 7.7 -1.0
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 2.0 80 -32 10.8 +2.1
DTEC ALPS Disruptive Technologies ETF 2.0 50 -2 3.7 -5.0
IPKW Invesco International BuyBack Achievers ETF 2.0 55 -7 11.0 +2.3
FAN First Trust Global Wind Energy ETF 2.0 60 -12 5.5 -3.2
GQRE FlexShares Global Quality Real Estate Index Fund 2.0 45 3 5.9 -2.8
ANEW ProShares MSCI Transformational Changes ETF 1.9 45 3 3.6 -5.1
SHPP Pacer Industrials and Logistics ETF 1.9 60 -12 9.9 +1.2
FIXT Procure Disaster Recovery Strategy ETF 1.9 75 -27 5.8 -2.8
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.9 65 -17 8.2 -0.5
CCNR ALPS CoreCommodity Natural Resources ETF 1.8 39 9 11.0 +2.4
THNR Amplify Weight Loss Drug & Treatment ETF 1.8 59 -11 5.2 -3.5
CGGO Capital Group Global Growth Equity ETF 1.7 47 1 4.6 -4.1
GDVD R3 Global Dividend Growth ETF 1.7 88 -40 5.5 -3.2
IQM Franklin Intelligent Machines ETF 1.7 50 -2 3.2 -5.4
TTAI FCF International Quality ETF 1.7 59 -11 5.6 -3.1
IVRS iShares Future Metaverse Tech and Communications ETF 1.7 47 1 -4.9 -13.5
IFGL iShares International Developed Real Estate ETF 1.7 48 0 6.9 -1.7
ERET iShares Environmentally Aware Real Estate ETF 1.7 30 18 6.5 -2.2
MOTI VanEck Morningstar International Moat ETF 1.6 58 -10 5.9 -2.8
JGLO JPMorgan Global Select Equity ETF 1.6 33 15 4.5 -4.2
FPAG FPA Global Equity ETF 1.6 49 -1 5.4 -3.3
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 1.6 7 41 6.7 -2.0
AIQ Global X Artificial Intelligence & Technology ETF 1.6 68 -20 4.0 -4.7
MINV Matthews Asia Innovators Active ETF 1.6 79 -31 3.0 -5.7
GDOC Goldman Sachs Future Health Care Equity ETF 1.6 75 -27 3.7 -5.0
SCHC Schwab International Small-Cap Equity ETF 1.5 11 37 6.6 -2.1
IDNA iShares Genomics Immunology and Healthcare ETF 1.5 47 1 -4.3 -13.0
IWTR iShares MSCI Water Management Multisector ETF 1.5 47 1 5.0 -3.7
MOTO SmartETFs Smart Transportation & Technology ETF 1.5 68 -20 7.3 -1.4
DEW WisdomTree Global High Dividend Fund 1.5 58 -10 8.5 -0.2
GSFP Goldman Sachs Future Planet Equity ETF 1.5 75 -27 4.2 -4.4
TMFG Motley Fool Global Opportunities ETF 1.4 85 -37 3.2 -5.5
EV Mast Global Battery Recycling & Production ETF 1.4 65 -17 12.2 +3.5
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.4 58 -10 4.6 -4.1
BECO BlackRock Future Climate and Sustainable Economy ETF 1.4 70 -22 11.9 +3.3
PICK iShares MSCI Global Metals & Mining Producers ETF 1.3 39 9 12.8 +4.2
LIT Global X Lithium & Battery Tech ETF 1.3 75 -27 9.1 +0.4
HAP VanEck Natural Resources ETF 1.3 50 -2 10.0 +1.3
HYDR Global X Hydrogen ETF 1.2 50 -2 -15.6 -24.2
ION ProShares S&P Global Core Battery Metals ETF 1.2 58 -10 15.5 +6.8
CGV Conductor Global Equity Value ETF 1.2 130 -82 10.9 +2.2
EFAS Global X MSCI SuperDividend EAFE ETF 1.2 57 -9 10.3 +1.6
TINY ProShares Nanotechnology ETF 1.1 58 -10 1.9 -6.8
FILL iShares MSCI Global Energy Producers ETF 1.1 39 9 9.6 +0.9
OZEM Roundhill GLP-1 & Weight Loss ETF 1.1 59 -11 -0.8 -9.4
JXI iShares Global Utilities ETF 1.1 43 5 5.9 -2.7
IVES Wedbush ETFMG Global Cloud Technology ETF 1.0 68 -20 5.8 -2.9
CHAT Roundhill Generative AI & Technology ETF 1.0 75 -27 3.8 -4.8
AIVC Amplify Bloomberg AI Value Chain ETF 1.0 59 -11 5.8 -2.8
CRTC Xtrackers US National Critical Technologies ETF 1.0 35 13 5.1 -3.6
FDVV Fidelity High Dividend ETF 1.0 15 33 8.7 -0.0
SEA U.S. Global Sea to Sky Cargo ETF 1.0 60 -12 21.5 +12.9
HART IQ Healthy Hearts ETF 0.9 45 3 5.0 -3.7
IDAT iShares Future Cloud 5G and Tech ETF 0.9 47 1 4.3 -4.4
IDRV iShares Self-driving EV & Tech ETF 0.9 47 1 -0.4 -9.1
BATT Amplify Lithium & Battery Technology ETF 0.9 59 -11 -0.1 -8.8
WDNA WisdomTree BioRevolution Fund 0.9 45 3 -3.8 -12.5
OCEN IQ Clean Oceans ETF 0.8 45 3 6.1 -2.6
IXC iShares Global Energy ETF 0.8 44 4 8.7 0.0
HRTS Tema GLP-1 Obesity & Cardiometabolic ETF 0.8 75 -27 -1.6 -10.3
HTEC ROBO Global Healthcare Technology and Innovation ETF 0.8 68 -20 -0.1 -8.8
SAGP Strategas Global Policy Opportunities ETF 0.8 65 -17 5.3 -3.4
FDRR Fidelity Dividend ETF for Rising Rates 0.8 15 33 7.4 -1.3
RWO SPDR Dow Jones Global Real Estate ETF 0.8 50 -2 6.1 -2.6
RWX SPDR Dow Jones International Real Estate ETF 0.8 59 -11 7.4 -1.3
GNR SPDR S&P Global Natural Resources ETF 0.8 40 8 9.7 +1.0
ARKX ARK Space Exploration & Innovation ETF 0.8 75 -27 2.4 -6.3
CRAK VanEck Oil Refiners ETF 0.8 61 -13 14.7 +6.1
WTAI WisdomTree Artificial Intelligence and Innovation Fund 0.7 45 3 3.1 -5.6
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.7 56 -8 13.5 +4.8
DISV Dimensional International Small Cap Value ETF 0.7 42 6 9.1 +0.5
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.7 72 -24 1.0 -7.7
FTAG First Trust Indxx Global Agriculture ETF 0.6 70 -22 9.7 +1.0
SNSR Global X Internet of Things ETF 0.6 68 -20 4.6 -4.0
FDCF Fidelity Disruptive Communications ETF 0.6 50 -2 2.6 -6.1
BOAT SonicShares Global Shipping ETF 0.6 69 -21 34.8 +26.1
EFRA iShares Environmental Infrastructure and Industrials ETF 0.6 47 1 4.9 -3.8
IQRA IQ CBRE Real Assets ETF 0.5 65 -17 5.2 -3.5
MOO VanEck Agribusiness ETF 0.5 53 -5 9.7 +1.1
CZAR Themes Natural Monopoly ETF 0.5 35 13 6.3 -2.4
FDNI First Trust Dow Jones International Internet ETF 0.5 65 -17 2.1 -6.6
ERTH Invesco MSCI Sustainable Future ETF 0.5 62 -14 3.6 -5.1
AZTD Aztlan Global Stock Selection DM SMID ETF 0.5 75 -27 7.8 -0.9
OGIG ALPS O'Shares Global Internet Giants ETF 0.5 48 0 1.9 -6.8
VEGI iShares MSCI Agriculture Producers ETF 0.5 39 9 9.2 +0.5
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.4 85 -37 3.5 -5.2
BCDF Horizon Kinetics Blockchain Development ETF 0.4 85 -37 3.9 -4.8
OND ProShares On-Demand ETF 0.4 58 -10 -2.2 -10.8
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.4 46 2 9.3 +0.7
IBLC iShares Blockchain and Tech ETF 0.4 47 1 -1.7 -10.3
PIO Invesco Global Water ETF 0.4 75 -27 5.2 -3.5
CGUS Capital Group Core Equity ETF 0.4 33 15 4.4 -4.3
HDRO Defiance Next Gen H2 ETF 0.4 30 18 -21.5 -30.2
EATV VegTech Plant-based Innovation & Climate ETF 0.4 75 -27 2.1 -6.6
KROP Global X AgTech & Food Innovation ETF 0.4 50 -2 4.7 -4.0
IVEG iShares Emergent Food and AgTech Multisector ETF 0.4 47 1 8.0 -0.7
LNGG Roundhill Alerian LNG ETF 0.4 65 -17 9.1 +0.4
FICS First Trust International Developed Capital Strength ETF 0.3 70 -22 5.3 -3.4
MRAD SmartETFs Advertising & Marketing Technology ETF 0.3 68 -20 5.5 -3.2
FTRI First Trust Indxx Global Natural Resources Income ETF 0.3 70 -22 9.8 +1.1
TRFK Pacer Data and Digital Revolution ETF 0.3 60 -12 4.0 -4.7
STCE Schwab Crypto Thematic ETF 0.3 30 18 -1.6 -10.3
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.3 46 2 4.9 -3.8
SUPL ProShares Supply Chain Logistics ETF 0.3 58 -10 14.2 +5.5
ETEC iShares Breakthrough Environmental Solutions ETF 0.3 47 1 8.0 -0.7
WOOD iShares Global Timber & Forestry ETF 0.3 42 6 9.8 +1.1
ARKF ARK Fintech Innovation ETF 0.2 75 -27 -0.4 -9.1
ISHP First Trust Nasdaq Retail ETF 0.2 60 -12 2.9 -5.8
BLOK Amplify Transformational Data Sharing ETF 0.2 75 -27 0.0 -8.7
ICLN iShares Global Clean Energy ETF 0.2 41 7 6.0 -2.7
SOCL Global X Social Media ETF 0.2 65 -17 -6.4 -15.0
LUX Tema Luxury ETF 0.2 75 -27 3.0 -5.7
LUXX Roundhill S&P Global Luxury ETF 0.2 45 3 2.9 -5.8
DMAT Global X Disruptive Materials ETF 0.2 59 -11 10.5 +1.8
BKCH Global X Blockchain ETF 0.2 50 -2 -2.8 -11.5
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 0.2 61 -13 1.2 -7.5
SATO Invesco Alerian Galaxy Crypto Economy ETF 0.2 61 -13 -2.4 -11.1
COPX Global X Copper Miners ETF 0.2 65 -17 8.2 -0.5
GMET VanEck Green Metals ETF 0.2 63 -15 10.7 +2.0
LIMI Themes Lithium & Battery Metal Miners ETF 0.2 35 13 4.7 -4.0
VIDI Vident International Equity Strategy ETF 0.2 61 -13 10.2 +1.5
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.2 86 -38 1.6 -7.0
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 0.2 86 -38 1.2 -7.4
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.2 60 -12 0.5 -8.2
FMET Fidelity Metaverse ETF 0.2 39 9 5.4 -3.3
IBUY Amplify Online Retail ETF 0.2 65 -17 1.4 -7.3
BUG Global X Cybersecurity ETF 0.1 51 -3 2.1 -6.6
CIBR First Trust NASDAQ Cybersecurity ETF 0.1 60 -12 4.1 -4.6
HACK ETFMG Prime Cyber Security ETFMG Prime Cyber Security Fund 0.1 60 -12 3.5 -5.2
IHAK iShares Cybersecurity & Tech ETF 0.1 47 1 3.2 -5.5
MVPS Amplify Thematic All-Stars ETF 0.1 49 -1 2.7 -6.0
WCBR WisdomTree Cybersecurity Fund 0.1 45 3 2.0 -6.7
XDAT Franklin Exponential Data ETF 0.1 50 -2 2.8 -5.9
SPAM Themes Cybersecurity ETF 0.1 35 13 2.0 -6.7
BUYZ Franklin Disruptive Commerce ETF 0.1 50 -2 1.8 -6.9
URAN Themes Uranium & Nuclear ETF 0.1 35 13 1.9 -6.8
TINT ProShares Smart Materials ETF 0.1 58 -10 6.4 -2.3
EBLU Ecofin Global Water ESG Fund 0.1 40 8 4.9 -3.8
PRNT 3D Printing ETF 0.1 66 -18 0.7 -8.0
CLOU Global X Cloud Computing ETF 0.1 68 -20 1.8 -6.9
CUT Invesco MSCI Global Timber ETF 0.1 61 -13 8.4 -0.3
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 0.1 75 -27 7.9 -0.8
BJK VanEck Gaming ETF 0.1 65 -17 1.4 -7.3
DVYA iShares Asia/Pacific Dividend ETF 0.1 49 -1 9.0 +0.3
GII SPDR S&P Global Infrastructure ETF 0.1 40 8 4.3 -4.4
IGF iShares Global Infrastructure ETF 0.1 41 7 4.3 -4.4
FDHT Fidelity Digital Health ETF 0.1 39 9 -2.3 -11.0
AQWA Global X Clean Water ETF 0.1 50 -2 4.2 -4.5
CGW Invesco S&P Global Water Index ETF 0.1 57 -9 4.4 -4.3
AHOY Newday Ocean Health ETF 0.1 75 -27 6.2 -2.5
SMOG VanEck Low Carbon Energy ETF 0.0 61 -13 2.4 -6.3
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.0 39 9 -1.7 -10.4
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 0.0 75 -27 4.7 -4.0
FDIG Fidelity Crypto Industry and Digital Payments ETF 0.0 39 9 -1.7 -10.3
GFOF Grayscale Future of Finance ETF 0.0 70 -22 -0.7 -9.4
SLVP iShares MSCI Global Silver Miners ETF 0.0 39 9 3.2 -5.5

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%.

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RESULTS & ESTIMATES

  2019 2020 2021 2022 2023 2024E 2025E
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
  2023 2024E 2025E
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:

OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 9.6 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 48 bp
Equals: ALTAR Score 8.7 %
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.