Xtrackers MSCI Kokusai Equity ETF
ALTAR
Score™
5.3% info Recommen-
dation
AVOID
2020E    2021E
P/E
ratio
25.5x P/Sales
ratio
2.3x
P/BV
ratio
2.8x Div.
yield
1.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
KOKU tracks a market-cap-weighted index of large- and midcap developed market stocks outside of Japan.

FUND BASICS
Category International Equities
Fund Sponsor Deutsche Bank
Website etf.dws.com
Inception date Apr 08, 2020
Assets (mns) $805
Currency USD
Expense ratio 9 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Market Cap
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 1193
Wgt avg mkt cap (mns) $327,419
Large cap (>$10bn) 94.2%
Mid cap ($2-10bn) 5.4%
Small cap (<$2bn) 0.0%
Developed mkts 99.8%
Emerging mkts 0.2%

TOP TEN HOLDINGS
APPLE INC 4.6 %
MICROSOFT CORP 3.4 %
AMAZON.COM INC 2.9 %
FACEBOOK 1.5 %
ALPHABET INC. CLASS C 1.2 %
ALPHABET INC. CLASS A 1.2 %
JOHNSON & JOHNSON 0.9 %
TESLA MOTORS INC 0.8 %
JPMORGAN CHASE & CO 0.8 %
PROCTER & GAMBLE CO/THE 0.8 %
Total 17.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 68.6 %
BRITAIN 5.2 %
SWITZERLAND 3.7 %
FRANCE 3.5 %
CANADA 3.4 %
GERMANY 2.7 %
AUSTRALIA 2.3 %
NETHERLANDS 1.8 %
IRELAND 1.5 %
SWEDEN 1.1 %

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.
4.2% -- -- -- 4.2%

Market Correlations
versus... Beta R-squared
S&P500 -- --
MSCI EAFE -- --
MSCI Emg. Mkts. -- --

Technical Indicators
Recent close $68.24
30d moving avg. $65.56
Annualized volatility 0.0%
Short interest (ETF) 0.0%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.0%
Bid/Ask (% of price) 0.46%
ADV underlying (mns) $253,049

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the Xtrackers MSCI Kokusai Equity ETF ETF based on the alternatives' overlap in portfolio holdings with KOKU. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: KOKU Expense: 9 bp ALTAR Score™: 5.3%


ALTERNATIVE ETFs BASED ON OVERLAP WITH KOKU
Ticker Fund
Name
Overlap1
vs KOKU
(%)
Expense
ratio
(bp)
Savings
vs KOKU
(bp)
ALTAR
Score™
(%)
ALTAR
vs KOKU
(%)
TOK iShares MSCI Kokusai ETF 96.0 25 -16 5.2 -0.1
URTH iShares MSCI World ETF 88.2 24 -15 5.2 -0.1
ACWI iShares MSCI ACWI ETF 78.4 32 -23 5.4 +0.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 73.5 20 -11 5.6 +0.4
LOWC SPDR MSCI ACWI Low Carbon Target ETF 73.2 20 -11 5.6 +0.4
PBUS Invesco PureBeta MSCI USA ETF 71.2 4 5 4.9 -0.4
IYY iShares Dow Jones U.S. ETF 71.0 20 -11 4.7 -0.6
ITOT iShares Core S&P Total U.S. Stock Market ETF 70.9 3 6 4.7 -0.6
SCHB Schwab U.S. Broad Market ETF 70.9 3 6 4.8 -0.5
SCHX Schwab U.S. Large-Cap ETF 70.9 3 6 4.8 -0.4
VTI Vanguard Total Stock Market Index Fund 70.7 3 6 4.7 -0.6
SCHK Schwab 1000 Index ETF 70.6 5 4 4.9 -0.4
IWB iShares Russell 1000 ETF 70.5 15 -6 4.8 -0.5
IWV iShares Russell 3000 ETF 70.5 20 -11 4.6 -0.7
VTHR Vanguard Russell 3000 Index Fund 70.5 10 -1 4.7 -0.6
VONE Vanguard Russell 1000 ETF 70.4 8 1 4.8 -0.5
BBUS JP Morgan Betabuilders U.S. Equity ETF 69.4 2 7 4.9 -0.4
VV Vanguard Large-Cap Index Fund 68.9 4 5 4.9 -0.4
VT Vanguard Total World Stock Index Fund 68.8 8 1 5.7 +0.4
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 68.3 7 2 4.9 -0.4
SFY SoFi Select 500 ETF 66.8 0 9 4.8 -0.5
SPTM SPDR Portfolio Total Stock Market ETF 66.3 3 6 5.1 -0.1
SPY SPDR S&P 500 ETF Trust 65.6 9 -0 5.0 -0.3
IVV iShares Core S&P 500 ETF 65.6 3 6 5.1 -0.2
SPLG SPDR Portfolio Large Cap ETF 65.6 3 6 5.1 -0.2
PBP Invesco S&P 500 BuyWrite ETF 65.6 49 -40 4.7 -0.6
HSPX Global X S&P 500 Covered Call ETF 65.6 60 -51 4.6 -0.7
VOO VANGUARD S&P 500 ETF 65.6 3 6 5.1 -0.2
JHML John Hancock Multifactor Large Cap ETF 65.5 29 -20 5.1 -0.2
XYLG Global X S&P 500 Covered Call & Growth ETF 65.3 60 -51 4.7 -0.6
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 64.5 20 -11 5.0 -0.3
SPXE ProShares S&P 500 Ex-Energy ETF 63.7 27 -18 4.9 -0.3
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 63.3 25 -16 5.7 +0.5
ESGG FlexShares STOXX Global ESG Impact Index Fund 61.5 42 -33 4.9 -0.4
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 60.7 9 0 5.3 0.0
QWLD SPDR MSCI World StrategicFactors ETF 60.7 30 -21 5.7 +0.4
ESGV Vanguard ESG U.S. Stock ETF 60.4 12 -3 4.8 -0.5
ESGU iShares MSCI USA ESG Optimized ETF 60.3 15 -6 4.7 -0.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 58.3 9 0 5.4 +0.1
AVUS Avantis U.S. Equity ETF 58.2 15 -6 5.2 -0.1
MGC Vanguard Mega Cap Index Fund 57.3 7 2 4.8 -0.4
SPXN ProShares S&P 500 Ex-Financials ETF 57.0 27 -18 4.7 -0.6
EPS WisdomTree U.S. Earnings 500 Fund 56.7 8 1 6.0 +0.7
CATH Global X S&P 500 Catholic Values Custom ETF 56.0 29 -20 4.8 -0.5
SPXV ProShares S&P 500 Ex-Health Care ETF 56.0 27 -18 4.7 -0.6
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 55.7 20 -11 4.6 -0.6
IWL iShares Russell Top 200 ETF 55.1 15 -6 4.7 -0.6
MMTM SPDR S&P 1500 Momentum Tilt ETF 55.1 12 -3 4.2 -1.1
BKLC BNY Mellon US Large Cap Core Equity ETF 54.1 0 9 4.8 -0.4
PRF Invesco FTSE RAFI US 1000 ETF 53.5 39 -30 6.2 +0.9
QUS SPDR MSCI USA StrategicFactors ETF 53.4 15 -6 5.5 +0.2
FNDX Schwab Fundamental U.S. Large Co. Index ETF 52.2 25 -16 6.1 +0.8
FNDB Schwab Fundamental U.S. Broad Market Index ETF 52.0 25 -16 6.1 +0.8
DYNF BlackRock U.S. Equity Factor Rotation ETF 51.8 30 -21 6.1 +0.9
IUSG iShares Core S&P US Growth ETF 49.7 4 5 4.2 -1.1
IQSU IQ Candriam ESG US Equity ETF 49.4 9 0 4.8 -0.5
VOOG Vanguard S&P 500 Growth ETF 49.3 10 -1 4.2 -1.1
SNPE Xtrackers S&P 500 ESG ETF 49.3 10 -1 4.8 -0.5
SPYG SPDR Portfolio S&P 500 Growth ETF 49.2 4 5 4.2 -1.1
IVW iShares S&P 500 Growth ETF 49.2 18 -9 4.1 -1.2
EFIV SPDR S&P 500 ESG ETF 49.2 10 -1 4.8 -0.5
IUS Invesco Strategic US ETF 49.1 19 -10 5.8 +0.5
VLU SPDR S&P 1500 Value Tilt ETF 48.1 12 -3 6.5 +1.2
DIVB iShares U.S. Dividend & Buyback ETF 47.9 25 -16 6.3 +1.0
SPXT ProShares S&P 500 Ex-Technology ETF 47.0 27 -18 5.2 -0.1
ESG FlexShares STOXX US ESG Impact Index Fund 46.6 32 -23 4.8 -0.5
RWL Invesco S&P 500 Revenue ETF 46.4 39 -30 6.6 +1.3
XOUT GraniteShares XOUT U.S. Large Cap ETF 45.1 60 -51 3.9 -1.4
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 44.8 29 -20 5.2 -0.0
DTD WisdomTree U.S.Total Dividend Fund 44.3 28 -19 6.3 +1.0
OEF iShares S&P 100 ETF 43.2 20 -11 4.6 -0.7
IWF iShares Russell 1000 Growth ETF 43.1 19 -10 3.7 -1.6
VONG Vanguard Russell 1000 Growth Index Fund 43.0 8 1 3.8 -1.5
DLN WisdomTree U.S. LargeCap Dividend Fund 42.9 28 -19 6.1 +0.8
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 42.3 15 -6 5.9 +0.7
AFLG First Trust Active Factor Large Cap ETF 41.2 55 -46 4.9 -0.4
EXT WisdomTree U.S. Total Earnings Fund 41.1 28 -19 5.2 -0.1
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 41.1 9 0 5.5 +0.2
KRMA Global X Conscious Companies ETF 40.8 43 -34 4.9 -0.4
EUSA iShares MSCI USA Equal Weighted ETF 40.5 15 -6 5.6 +0.3
VONV Vanguard Russell 1000 Value Index Fund 40.3 8 1 6.5 +1.2
IWD iShares Russell 1000 Value ETF 40.2 19 -10 6.3 +1.0
VUG Vanguard Growth Index Fund 39.9 4 5 3.7 -1.5
SIZE iShares MSCI USA Size Factor ETF 39.2 15 -6 5.5 +0.3
RSP Invesco S&P 500 Equal Weight ETF 38.2 20 -11 5.9 +0.6
IUSV iShares Core S&P U.S. Value ETF 37.9 4 5 6.9 +1.6
SCHV Schwab U.S. Large-Cap Value ETF 37.8 4 5 6.3 +1.0
VOOV Vanguard S&P 500 Value ETF 37.5 10 -1 6.8 +1.5
IVE iShares S&P 500 Value ETF 37.5 18 -9 6.7 +1.4
SPYV SPDR Portfolio S&P 500 Value ETF 37.5 4 5 6.8 +1.6
VEGN US Vegan Climate ETF 37.4 60 -51 4.7 -0.6
RNLC Large Cap US Equity Select ETF 36.9 60 -51 5.6 +0.3
ROUS Hartford Multifactor US Equity ETF 36.9 19 -10 6.2 +0.9
IWY iShares Russell Top 200 Growth ETF 36.9 20 -11 3.8 -1.5
MXDU Nationwide Maximum Diversification US Core Equity ETF 36.7 34 -25 4.5 -0.8
DSI iShares MSCI KLD 400 Social ETF 36.6 25 -16 4.8 -0.5
CFA VictoryShares US 500 Volatility Weighted Index ETF 36.2 35 -26 5.4 +0.1
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 36.2 35 -26 5.4 +0.1
NACP Impact Shares NAACP Minority Empowerment ETF 36.1 75 -66 4.6 -0.7
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 36.0 75 -66 4.0 -1.3

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

  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

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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:
Xtrackers MSCI Kokusai Equity ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

AVOID

Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 14.0 %
Divided by: Fwd. P/BV 2.6 x
Less: Expense ratio 9 bp
Equals: ALTAR Score 5.3 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.46 CATEGORY
AVERAGE
1.55
 
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.