O'Shares Global Internet Giants
ALTAR
Score™
1.5% info Recommen-
dation
UNDERWEIGHT
2019E    2020E
P/E
ratio
71.9x P/Sales
ratio
5.1x
P/BV
ratio
7.9x Div.
yield
0.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
OShares Global Internet Giants ETF tracks an index of global internet and internet technology stocks, selected and weighted by growth and quality factors.

FUND BASICS
Category Global Equities
Fund Sponsor OSI ETF Trust
Website oshares.com
Inception date Jun 05, 2018
Assets (mns) $44
Currency USD
Expense ratio 48 bp
Distributions Monthly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 71
Wgt avg mkt cap (mns) $258,076
Large cap (>$10bn) 67.8%
Mid cap ($2-10bn) 30.7%
Small cap (<$2bn) 0.0%
Developed mkts 82.4%
Emerging mkts 17.7%

TOP TEN HOLDINGS
ALPHABET INC. CLASS A 6.5 %
ALIBABA GROUP HOLDING LTD. SPONSOR 6.3 %
FACEBOOK 6.1 %
AMAZON.COM INC 5.7 %
MICROSOFT CORP 4.9 %
TENCENT HOLDINGS LTD 4.3 %
SALESFORCE.COM INC 2.3 %
NETFLIX INC 2.3 %
MEITUAN DIANPING 2.2 %
ADOBE SYSTEMS INC 1.8 %
Total 42.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 66.1 %
CHINA 20.2 %
BRITAIN 2.3 %
GERMANY 2.0 %
ARGENTINA 1.7 %
CANADA 1.6 %
NEW ZEALAND 1.4 %
NETHERLANDS 1.4 %
LUXEMBOURG 1.2 %
ISRAEL 1.0 %

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.
24.8% 16.7% -- -- -0.9%

Market Correlations
versus... Beta R-squared
S&P500 1.33 78%
MSCI EAFE 1.46 67%
MSCI Emg. Mkts. 1.22 65%

Technical Indicators
Recent close $24.63
30d moving avg. $23.95
Annualized volatility 24.9%
Short interest (ETF) 0.4%
Relative strength (RSI) 55

Liquidity measures
Avg. volume (thou.) 16
Turnover 0.9%
Bid/Ask (% of price) 0.32%
ADV underlying (mns) $28,480

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 19 potential alternatives to the O'Shares Global Internet Giants ETF based on the alternatives' overlap in portfolio holdings with OGIG. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: OGIG Expense: 48 bp ALTAR Score™: 1.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH OGIG
Ticker Fund
Name
Overlap1
vs OGIG
(%)
Expense
ratio
(bp)
Savings
vs OGIG
(bp)
ALTAR
Score™
(%)
ALTAR
vs OGIG
(%)
PLAT WisdomTree Modern Tech Platforms 40.1 45 3 2.9 +1.4
PNQI Invesco Nasdaq Internet 35.3 62 -14 2.8 +1.3
AIQ Global X Future Analytics Tech 35.0 68 -20 4.6 +3.1
SKYY First Trust Cloud Computing 34.8 60 -12 2.4 +0.9
TTTN TigerShares China-U.S. Internet Titans 33.4 59 -11 3.9 +2.4
GBUY Goldman Sachs Motif New Age Consumer 31.6 50 -2 3.6 +2.0
IGM iShares S&P N. American Technology 31.3 46 2 4.6 +3.0
IETC iShares Evolved U.S. Technology 31.2 18 30 4.8 +3.3
FDN First Trust DJ Internet 30.0 52 -4 3.3 +1.8
GIGE SoFi Gig Economy 28.2 59 -11 0.5 -1.0
ENTR ERShares Entrepreneur 30 27.8 49 -1 3.9 +2.4
QYLD Global X NASDAQ 100 Covered Call ETF 26.9 60 -12 4.9 +3.3
XNTK SPDR NYSE Technology 26.9 35 13 5.5 +3.9
QQQ Invesco QQQ 26.3 20 28 5.2 +3.7
JKE iShares Morningstar Large Cap Growth 26.2 25 23 4.0 +2.5
ARKW ARK Web x.O 26.1 75 -27 -0.9 -2.4
SOCL Global X Social Media 26.0 65 -17 4.6 +3.1
IYW iShares US Technology 25.5 42 6 5.1 +3.6
MGK Vanguard Mega Cap 300 Growth 24.5 7 41 5.0 +3.4

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

  2014 2015 2016 2017 2018 2019E 2020E
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
  2018 2019E 2020E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
O'Shares Global Internet Giants
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 14.2 %
Divided by: Fwd. P/BV 7.1 x
Less: Expense ratio 48 bp
Equals: ALTAR Score 1.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.30 CATEGORY
AVERAGE
1.54
 
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.