O'Shares Global Internet Giants ETF
ALTAR
Score™		 0.6% info Recommen-
dation		 AVOID
2020E    2021E
P/E
ratio		 134.7x P/Sales
ratio		 9.0x
P/BV
ratio		 16.0x 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) $782
Currency USD
Expense ratio 48 bp
Distributions Monthly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 71
Wgt avg mkt cap (mns) $291,278
Large cap (>$10bn) 92.0%
Mid cap ($2-10bn) 5.5%
Small cap (<$2bn) 0.0%
Developed mkts 85.3%
Emerging mkts 14.7%

TOP TEN HOLDINGS
AMAZON.COM INC 5.7 %
TENCENT HOLDINGS LTD 4.5 %
ALIBABA GROUP HOLDING LTD. SPONSOR 4.4 %
ALPHABET INC. CLASS A 4.0 %
FACEBOOK 3.3 %
MEITUAN DIANPING 3.3 %
MICROSOFT CORP 3.3 %
PINDUODUO, INC. SPONSORED ADR CLAS 2.6 %
BILIBILI, INC. SPONSORED ADR CLASS 2.4 %
SHOPIFY, INC. CLASS A 2.2 %
Total 35.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 57.5 %
CHINA 23.2 %
GERMANY 5.5 %
BRITAIN 2.9 %
CANADA 2.2 %
ARGENTINA 2.0 %
NETHERLANDS 1.5 %
FRANCE 1.2 %
JAPAN 1.2 %
LUXEMBOURG 1.0 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
107.9% 107.9% -- -- 38.4%

Market Correlations
versus... Beta R-squared
S&P500 1.15 71%
MSCI EAFE 1.05 59%
MSCI Emg. Mkts. 0.92 55%

Technical Indicators
Recent close $59.03
30d moving avg. $54.95
Annualized volatility 27.3%
Short interest (ETF) 0.0%
Relative strength (RSI) 65

Liquidity measures
Avg. volume (thou.) 223
Turnover 1.7%
Bid/Ask (% of price) 0.14%
ADV underlying (mns) $79,592

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 98 potential alternatives to the O'Shares Global Internet Giants ETF 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™: 0.6%


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
(%)
BUYZ Franklin Disruptive Commerce ETF 38.5 50 -2 -0.3 -0.8
PNQI Invesco NASDAQ Internet ETF 36.4 60 -12 1.0 +0.5
AIQ Global X Future Analytics Tech ETF 34.3 68 -20 3.4 +2.9
PLAT WisdomTree Modern Tech Platforms Fund 34.1 20 28 1.6 +1.0
SKYY First Trust Cloud Computing ETF 32.4 60 -12 2.1 +1.5
TECB iShares US Tech Breakthrough Multisector ETF 32.1 40 8 3.5 +2.9
FDN First Trust Dow Jones Internet Index Fund 31.6 52 -4 1.7 +1.1
GIGE SoFi Gig Economy ETF 30.3 59 -11 -0.2 -0.8
IGM iShares Expanded Tech Sector ETF 29.0 46 2 3.3 +2.7
JKE iShares Morningstar Large-Cap Growth ETF 28.4 25 23 2.2 +1.6
FDNI First Trust Dow Jones International Internet ETF 28.4 65 -17 1.9 +1.3
THNQ ROBO Global Artificial Intelligence ETF 28.3 68 -20 1.3 +0.7
IETC iShares Evolved U.S. Technology ETF 28.2 18 30 3.4 +2.9
XNTK SPDR NYSE Technology ETF 28.1 35 13 2.7 +2.2
ARKW ARK Web x.0 ETF 27.5 79 -31 -0.8 -1.3
WUGI Esoterica NextG Economy ETF 27.3 75 -27 1.0 +0.5
IWFH iShares Virtual Work and Life Multisector ETF 27.0 47 1 0.5 -0.1
MTUM iShares MSCI USA Momentum Factor ETF 26.6 15 33 2.2 +1.7
XITK SPDR FactSet Innovative Technology ETF 26.4 45 3 0.2 -0.3
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 26.2 75 -27 2.9 +2.3
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 25.8 86 -38 2.1 +1.5
FDMO Fidelity Momentum Factor ETF 25.8 29 19 2.4 +1.9
SCHG Schwab U.S. Large-Cap Growth ETF 25.6 4 44 3.2 +2.6
MMLG First Trust Multi-Manager Large Growth ETF 25.3 85 -37 1.8 +1.2
IGV iShares Expanded Tech-Software ETF 25.1 46 2 2.0 +1.4
QYLD Global X NASDAQ 100 Covered Call ETF 24.9 60 -12 3.2 +2.6
EWEB Global X Emerging Markets Internet & E-commerce ETF 24.9 65 -17 2.5 +1.9
NUSI Nationwide Risk-Managed Income ETF 24.7 68 -20 3.1 +2.5
JOYY Infusive Compounding Global Equities ETF 24.7 50 -2 3.4 +2.9
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 24.7 60 -12 3.1 +2.6
SOCL Global X Social Media ETF 24.5 65 -17 2.2 +1.6
BTEK BlackRock Future Tech ETF 24.5 88 -40 -0.2 -0.7
QQQM Invesco NASDAQ 100 ETF 24.5 15 33 3.5 +3.0
QQQ Invesco QQQ Trust 24.5 20 28 3.5 +2.9
VUG Vanguard Growth Index Fund 24.3 4 44 3.5 +2.9
ARKF ARK Fintech Innovation ETF 23.8 75 -27 0.2 -0.4
IWF iShares Russell 1000 Growth ETF 23.7 19 29 3.4 +2.9
WFH Direxion Work From Home ETF 23.5 45 3 4.4 +3.9
FTC First Trust Large Cap Growth AlphaDEX Fund 23.3 61 -13 2.2 +1.6
VONG Vanguard Russell 1000 Growth Index Fund 23.3 8 40 3.5 +3.0
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 23.2 21 27 2.9 +2.3
GENY Principal Millennials Index ETF 23.1 45 3 3.4 +2.8
MGK Vanguard Mega Cap Growth ETF 22.8 7 41 3.7 +3.1
ESGV Vanguard ESG U.S. Stock ETF 22.7 12 36 4.5 +3.9
TMFC Motley Fool 100 Index ETF 22.7 50 -2 3.0 +2.5
IYW iShares U.S. Technology ETF 22.4 43 5 3.4 +2.8
KWEB KraneShares CSI China Internet ETF 22.1 76 -28 2.1 +1.6
XOUT GraniteShares XOUT U.S. Large Cap ETF 21.9 60 -12 3.6 +3.0
ALFA AlphaClone Alternative Alpha ETF 21.8 65 -17 -0.3 -0.8
PWB Invesco Dynamic Large Cap Growth ETF 21.7 56 -8 2.1 +1.5
SYG SPDR MFS Systematic Growth Equity ETF 21.7 60 -12 3.4 +2.9
ANEW ProShares MSCI Transformational Changes ETF 21.7 45 3 2.4 +1.9
VOOG Vanguard S&P 500 Growth ETF 21.7 10 38 3.9 +3.3
IWY iShares Russell Top 200 Growth ETF 21.5 20 28 3.6 +3.0
SPYG SPDR Portfolio S&P 500 Growth ETF 21.3 4 44 3.7 +3.1
IVW iShares S&P 500 Growth ETF 21.3 18 30 3.5 +3.0
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 21.3 75 -27 2.0 +1.4
IUSG iShares Core S&P US Growth ETF 21.0 4 44 3.7 +3.1
FXL First Trust Technology AlphaDEX Fund 20.9 61 -13 3.4 +2.8
SFYF SoFi 50 ETF 19.9 29 19 0.8 +0.2
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 19.7 50 -2 3.3 +2.7
DFAE Dimensional Emerging Core Equity Market ETF 19.5 35 13 7.0 +6.4
EEMO Invesco S&P Emerging Markets Momentum ETF 19.1 29 19 3.3 +2.7
XLG Invesco S&P 500 Top 50 ETF 19.0 20 28 4.1 +3.5
GVIP Goldman Sachs Hedge Industry VIP ETF 18.8 45 3 3.2 +2.7
MCHI iShares MSCI China ETF 18.7 59 -11 6.4 +5.8
BKLC BNY Mellon US Large Cap Core Equity ETF 18.5 0 48 4.5 +3.9
LIV Emles (a)Home ETF 18.4 49 -1 2.4 +1.9
CACG ClearBridge All Cap Growth ETF 18.4 54 -6 3.8 +3.2
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 18.3 59 -11 4.0 +3.5
FLCH Franklin FTSE China ETF 18.3 19 29 7.0 +6.4
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 18.3 35 13 4.3 +3.7
CHIL Global X MSCI China Large-Cap 50 ETF 18.2 29 19 6.2 +5.6
BOSS Global X Founder-Run Companies ETF 18.2 45 3 2.7 +2.1
OEF iShares S&P 100 ETF 18.1 20 28 4.2 +3.6
GXC SPDR S&P China ETF 18.1 59 -11 6.5 +5.9
FPX First Trust US IPO Index Fund 18.1 58 -10 1.3 +0.7
XWEB SPDR S&P Internet ETF 18.1 35 13 0.3 -0.2
STLG iShares Factors US Growth Style ETF 18.0 25 23 3.9 +3.3
EBIZ Global X E-Commerce ETF 18.0 50 -2 2.5 +1.9
MXDU Nationwide Maximum Diversification US Core Equity ETF 17.9 34 14 4.3 +3.7
EQOP Natixis U.S. Equity Opportunities ETF 17.8 90 -42 3.9 +3.3
HIPR Direxion High Growth ETF 17.7 40 8 3.8 +3.3
MGC Vanguard Mega Cap Index Fund 17.7 7 41 4.6 +4.0
CLOU Global X Cloud Computing ETF 17.7 68 -20 0.5 -0.1
IWL iShares Russell Top 200 ETF 17.7 15 33 4.4 +3.8
MMTM SPDR S&P 1500 Momentum Tilt ETF 17.7 12 36 4.0 +3.4
KALL KraneShares MSCI All China Index ETF 17.7 49 -1 6.9 +6.3
LRGE ClearBridge Large Cap Growth ESG ETF 17.6 59 -11 3.3 +2.7
NULG Nuveen ESG Large-Cap Growth ETF 17.4 35 13 2.9 +2.4
WCLD WisdomTree Cloud Computing Fund 17.4 45 3 7.5 +6.9
ESGU iShares MSCI USA ESG Optimized ETF 17.4 15 33 4.4 +3.9
MILN Global X Millennials Thematic ETF 17.3 50 -2 1.9 +1.4
BKF iShares MSCI BRIC ETF 17.3 70 -22 6.2 +5.6
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 17.3 15 33 5.8 +5.2
IWP iShares Russell Mid-Cap Growth ETF 17.3 24 24 2.6 +2.1
CN Xtrackers MSCI All China Equity ETF 17.2 50 -2 6.9 +6.3
WWOW Direxion World Without Waste ETF 17.2 50 -2 0.1 -0.4

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

  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:		 O'Shares Global Internet Giants 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 14.6 %
Divided by: Fwd. P/BV 14.0 x
Less: Expense ratio 48 bp
Equals: ALTAR Score 0.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.32 CATEGORY
AVERAGE		 1.48
 
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.