iShares Global Utilities ETF
ALTAR
Score™
6.0% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
17.3x P/Sales
ratio
1.5x
P/BV
ratio
1.8x Div.
yield
3.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares S&P Global Utilities Index Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global Utilities Index.

FUND BASICS
Category Global Equities
Fund Sponsor Barclays Global Fund Advisors
Website www.ishares.com
Inception date Sep 12, 2006
Assets (mns) $137
Currency USD
Expense ratio 46 bp
Distributions Semi-Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian State Street Bank & Trust
Weighting Market Cap
Index replication Optimized
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 69
Wgt avg mkt cap (mns) $41,482
Large cap (>$10bn) 89.4%
Mid cap ($2-10bn) 10.7%
Small cap (<$2bn) 0.0%
Developed mkts 99.1%
Emerging mkts 0.9%

TOP TEN HOLDINGS
NEXTERA ENERGY GROUP 9.3 %
IBERDROLA SA 5.4 %
ENEL SPA 5.1 %
DUKE ENERGY CORP 4.4 %
DOMINION RESOURCES INC/VA 4.2 %
SOUTHERN CO 4.1 %
AMERICAN ELECTRIC POWER 3.1 %
NATIONAL GRID PLC 3.0 %
EXELON CORP 2.7 %
SEMPRA ENERGY 2.6 %
Total 43.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 58.8 %
SPAIN 7.6 %
ITALY 6.6 %
BRITAIN 5.6 %
GERMANY 3.4 %
FRANCE 3.3 %
JAPAN 2.8 %
CANADA 2.6 %
HONG KONG 2.4 %
DENMARK 1.6 %

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.
-8.2% 0.3% 7.4% 6.9% 3.9%

Market Correlations
versus... Beta R-squared
S&P500 0.45 33%
MSCI EAFE 0.52 39%
MSCI Emg. Mkts. 0.35 27%

Technical Indicators
Recent close $54.60
30d moving avg. $54.63
Annualized volatility 13.1%
Short interest (ETF) 0.1%
Relative strength (RSI) 50

Liquidity measures
Avg. volume (thou.) 108
Turnover 4.3%
Bid/Ask (% of price) 0.18%
ADV underlying (mns) $9,824

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 potential alternatives to the iShares Global Utilities ETF ETF based on the alternatives' overlap in portfolio holdings with JXI. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: JXI Expense: 46 bp ALTAR Score™: 6.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH JXI
Ticker Fund
Name
Overlap1
vs JXI
(%)
Expense
ratio
(bp)
Savings
vs JXI
(bp)
ALTAR
Score™
(%)
ALTAR
vs JXI
(%)
XLU Utilities Select Sector SPDR Fund 58.8 13 33 5.9 -0.0
FUTY Fidelity MSCI Utilities Index ETF 58.8 8 38 5.9 -0.1
VPU Vanguard Utilities Index Fund 58.8 10 36 5.9 -0.1
IDU iShares U.S. Utilities ETF 58.8 43 3 5.6 -0.3
JHMU John Hancock Multifactor Utilities ETF 50.8 40 6 6.1 +0.2
RYU Invesco S&P 500 Equal Weight Utilities ETF 50.4 40 6 6.3 +0.3
INFR Legg Mason Global Infrastructure ETF 46.5 40 6 6.3 +0.3
FXU First Trust Utilities AlphaDEX Fund 42.0 63 -17 6.3 +0.4
GII SPDR S&P Global Infrastructure ETF 39.9 40 6 5.5 -0.4
IGF iShares Global Infrastructure ETF 39.7 46 0 5.5 -0.5
PUI Invesco DWA Utilities Momentum ETF 34.8 60 -14 4.8 -1.2
UTES Virtus Reaves Utilities ETF 34.0 49 -3 4.7 -1.3
ECLN First Trust EIP Carbon Impact ETF 32.5 96 -50 3.8 -2.2
EMLP First Trust North American Energy Infrastructure Fund 29.8 96 -50 5.9 -0.1
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 24.7 47 -1 6.5 +0.6
GLIF AGFiQ Global Infrastructure ETF 22.7 45 1 5.4 -0.6
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 22.6 46 0 5.5 -0.4
IFRA iShares U.S. Infrastructure ETF 20.2 40 6 6.1 +0.2
DVY iShares Select Dividend ETF 18.7 39 7 9.7 +3.8
FAN First Trust Global Wind Energy ETF 18.2 62 -16 6.0 +0.0
NLR VanEck Vectors Uranium+Nuclear Energy ETF 17.7 61 -15 9.1 +3.1
TPHD Timothy Plan High Dividend Stock ETF 17.0 52 -6 7.8 +1.8
LSLT Salt Low truBeta US Market ETF 16.1 29 17 6.1 +0.1
UTRN Vesper U.S. Large Cap Short-Term Reversal Strategy ETF 15.3 75 -29 6.0 +0.0
JDIV JPMorgan U.S. Dividend ETF 14.7 12 34 8.0 +2.0
JMIN JPMorgan U.S. Minimum Volatility ETF 14.0 12 34 5.9 -0.0
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 13.9 35 11 8.7 +2.8
LVHD Legg Mason Low Volatility High Dividend ETF 13.3 27 19 8.9 +3.0
VOE Vanguard Mid-Cap Value Index Fund 13.1 7 39 8.0 +2.1
JKI iShares Morningstar Mid-Cap Value ETF 12.8 30 16 9.3 +3.4
IDHD Invesco S&P Intl Developed High Dividend Low Volatility ETF 12.4 30 16 7.6 +1.6
FDL First Trust Morningstar Dividend Leaders Index Fund 12.4 45 1 10.3 +4.3
FVD First Trust Value Line Dividend Index Fund 12.4 70 -24 6.4 +0.5
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 12.3 30 16 9.9 +4.0
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 11.7 60 -14 5.5 -0.5
BIBL Inspire ETF 11.6 35 11 4.9 -1.0
HDEF Xtrackers MSCI EAFE High Dividend Yield Hedged Equity ETF 11.5 20 26 9.6 +3.6
CZA Invesco Zacks Mid-Cap ETF 11.4 76 -30 6.3 +0.4
DHS WisdomTree U.S. High Dividend Fund 11.0 38 8 8.7 +2.8
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 11.0 35 11 8.7 +2.7
SPYD SPDR S&P 500 High Dividend ETF 10.7 7 39 10.5 +4.6
DTN WisdomTree U.S. Dividend ex-Financials Fund 10.5 38 8 8.1 +2.1
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 10.2 15 31 6.9 +1.0
SCIU Global X Scientific Beta US ETF 10.0 19 27 5.8 -0.1
IDMO Invesco S&P International Developed Momentum ETF 9.9 26 20 4.5 -1.4
HDV iShares Core High Dividend ETF 9.7 8 38 6.8 +0.8
PEY Invesco High Yield Equity Dividend Achievers ETF 9.7 53 -7 9.3 +3.3
ACSI American Customer Satisfaction Core Alpha ETF 9.2 66 -20 5.8 -0.2
IDV iShares International Select Dividend ETF 9.2 49 -3 10.2 +4.3
DOO WisdomTree International Dividend ex-Financials Fund 8.9 58 -12 8.9 +2.9
JPUS JPMorgan Diversified Return U.S. Equity ETF 8.8 18 28 6.3 +0.3
EUMV iShares Edge MSCI Min Vol Europe ETF 8.7 25 21 5.0 -1.0
MAGA Point Bridge GOP Stock Tracker ETF 8.7 72 -26 6.6 +0.7
DTH WisdomTree DEFA Equity Income Fund 8.7 58 -12 9.8 +3.8
ESGS Columbia Sustainable U.S. Equity Income ETF 8.5 35 11 8.6 +2.6
VYM Vanguard High Dividend Yield Index ETF 8.4 6 40 7.4 +1.4
LVHI Legg Mason International Low Volatility High Dividend ETF 8.3 40 6 9.3 +3.4
PWV Invesco Dynamic Large Cap Value ETF 8.3 55 -9 8.9 +2.9
OEUR O'shares FTSE Europe Quality Dividend ETF 8.3 48 -2 6.6 +0.7
SPVM Invesco S&P 500 Value with Momentum ETF 8.2 39 7 9.2 +3.3
USMV iShares Edge MSCI Min Vol USA ETF 8.1 15 31 5.6 -0.4
IWS iShares Russell Mid-Cap Value ETF 8.1 24 22 7.4 +1.4
KLCD KFA Large Cap Quality Dividend Index ETF 8.0 41 5 5.4 -0.6
FTA First Trust Large Cap Value AlphaDEX Fund 8.0 60 -14 9.4 +3.4
VETS Pacer Military Times Best Employers ETF 7.9 60 -14 7.0 +1.1
SPDV AAM S&P 500 High Dividend Value ETF 7.9 29 17 11.1 +5.1
SDOG ALPS Sector Dividend Dogs ETF 7.8 40 6 10.5 +4.5
SPMO Invesco S&P 500 Momentum ETF 7.8 13 33 4.4 -1.6
JPGE JPMorgan Diversified Return Global Equity ETF 7.8 29 17 7.5 +1.5
SPMV Invesco S&P 500 Minimum Variance ETF 7.8 10 36 5.9 -0.1
ACWV iShares Edge MSCI Min Vol Global ETF 7.7 20 26 5.7 -0.3
EWP iShares MSCI Spain ETF 7.6 50 -4 8.5 +2.6
DEW WisdomTree Global High Dividend Fund 7.6 58 -12 9.4 +3.5
DWX SPDR S&P International Dividend ETF 7.5 45 1 8.1 +2.1
EQAL Invesco Russell 1000 Equal Weight ETF 7.1 20 26 5.8 -0.2
USLB Invesco Russell 1000 Low Beta Equal Weight ETF 7.1 35 11 5.4 -0.5
ONEV SPDR Russell 1000 Low Volatility Focus ETF 7.1 20 26 7.2 +1.2
JPIN JPMorgan Diversified Return International Equity ETF 7.0 37 9 8.1 +2.1
JPEU JPMorgan Diversified Return Europe Equity ETF 7.0 37 9 7.0 +1.1
EZU iShares MSCI Eurozone ETF 7.0 49 -3 6.6 +0.6
GVAL Cambria Global Value ETF 6.9 69 -23 10.9 +4.9
DURA VanEck Vectors Morningstar Durable Dividend ETF 6.8 29 17 7.3 +1.3
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 6.8 24 22 6.3 +0.3
VTV Vanguard Value Index Fund 6.7 4 42 7.5 +1.5
VONV Vanguard Russell 1000 Value Index Fund 6.7 8 38 7.4 +1.4
IVE iShares S&P 500 Value ETF 6.7 18 28 7.3 +1.4
SPYV SPDR Portfolio S&P 500 Value ETF 6.7 4 42 7.5 +1.5
ONEY SPDR Russell 1000 Yield Focus ETF 6.7 20 26 9.5 +3.6
VOOV Vanguard S&P 500 Value ETF 6.6 15 31 7.4 +1.4
EURZ Xtrackers Eurozone Equity ETF 6.6 9 37 7.1 +1.1
RBIN Nationwide Risk-Based International Equity ETF 6.6 42 4 6.5 +0.5
FLIY Franklin FTSE Italy ETF 6.6 9 37 7.6 +1.7
EWI iShares MSCI Italy ETF 6.6 49 -3 7.6 +1.6
DIM WisdomTree International MidCap Dividend Fund 6.6 58 -12 7.8 +1.9
DIV Global X SuperDividend US ETF 6.6 46 0 7.2 +1.3
EFV iShares MSCI EAFE Value ETF 6.5 39 7 9.6 +3.7
TPLC Timothy Plan US Large Cap Core ETF 6.4 52 -6 5.6 -0.4
CFA VictoryShares US 500 Volatility Weighted Index ETF 6.4 35 11 6.0 +0.0
IUSV iShares Core S&P U.S. Value ETF 6.3 4 42 7.6 +1.6

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%.

Content on this tab for subscribers only**

RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

Content on this tab for subscribers only

VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
iShares Global Utilities 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 11.1 %
Divided by: Fwd. P/BV 1.7 x
Less: Expense ratio 46 bp
Equals: ALTAR Score 6.0 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.60 CATEGORY
AVERAGE
1.50
 
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.