O'Shares Global Internet Giants ETF
ALTAR
Score™		 0.6% info Recommen-
dation		 UNDERWEIGHT
2020E    2021E
P/E
ratio		 114.4x P/Sales
ratio		 7.3x
P/BV
ratio		 13.3x 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) $410
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 72
Wgt avg mkt cap (mns) $317,082
Large cap (>$10bn) 86.4%
Mid cap ($2-10bn) 11.0%
Small cap (<$2bn) 0.0%
Developed mkts 83.7%
Emerging mkts 16.3%

TOP TEN HOLDINGS
AMAZON.COM INC 5.8 %
ALIBABA GROUP HOLDING LTD. SPONSOR 5.5 %
TENCENT HOLDINGS LTD 4.0 %
ALPHABET INC. CLASS A 3.8 %
FACEBOOK 3.7 %
MICROSOFT CORP 3.6 %
ZOOM VIDEO COMMUNICATIONS, INC. CL 2.7 %
MEITUAN DIANPING 2.6 %
SHOPIFY, INC. CLASS A 2.1 %
PINDUODUO, INC. SPONSORED ADR CLAS 1.8 %
Total 35.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 60.3 %
CHINA 20.5 %
GERMANY 5.2 %
BRITAIN 3.0 %
CANADA 2.1 %
ARGENTINA 1.7 %
JAPAN 1.6 %
NETHERLANDS 1.5 %
FRANCE 1.3 %
LUXEMBOURG 1.0 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru September 30)
Year-to-date 1 year 5 years 10 years Since Incep.
68.9% 88.3% -- -- 30.8%

Market Correlations
versus... Beta R-squared
S&P500 1.17 70%
MSCI EAFE 1.20 60%
MSCI Emg. Mkts. 0.91 52%

Technical Indicators
Recent close $44.09
30d moving avg. $43.32
Annualized volatility 27.8%
Short interest (ETF) 0.2%
Relative strength (RSI) 55

Liquidity measures
Avg. volume (thou.) 229
Turnover 2.5%
Bid/Ask (% of price) 0.20%
ADV underlying (mns) $11,930

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 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
(%)
GBUY Goldman Sachs Motif New Age Consumer ETF 42.0 50 -2 1.8 +1.2
PNQI Invesco NASDAQ Internet ETF 38.0 60 -12 1.0 +0.4
BUYZ Franklin Disruptive Commerce ETF 37.5 50 -2 -0.2 -0.7
SKYY First Trust Cloud Computing ETF 34.5 60 -12 2.5 +1.9
AIQ Global X Future Analytics Tech ETF 34.3 68 -20 4.1 +3.5
TTTN UP Fintech China-U.S. Internet Titans ETF 34.3 59 -11 4.4 +3.9
PLAT WisdomTree Modern Tech Platforms Fund 34.3 20 28 1.8 +1.2
GIGE SoFi Gig Economy ETF 32.0 59 -11 -0.7 -1.3
XITK SPDR FactSet Innovative Technology ETF 31.9 45 3 0.4 -0.2
FDN First Trust Dow Jones Internet Index Fund 31.2 52 -4 2.2 +1.6
TECB iShares US Tech Breakthrough Multisector ETF 30.6 40 8 4.4 +3.9
ARKW ARK Web x.0 ETF 30.4 76 -28 -0.9 -1.5
FXL First Trust Technology AlphaDEX Fund 29.6 61 -13 3.4 +2.9
IGM iShares Expanded Tech Sector ETF 29.5 46 2 4.6 +4.0
WUGI Esoterica NextG Economy ETF 28.8 75 -27 1.6 +1.0
IETC iShares Evolved U.S. Technology ETF 28.4 18 30 5.1 +4.5
THNQ ROBO Global Artificial Intelligence ETF 28.1 68 -20 1.7 +1.2
MMLG First Trust Multi-Manager Large Growth ETF 27.5 85 -37 2.4 +1.9
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 27.2 75 -27 4.0 +3.5
ENTR Entrepreneur 30 Fund 27.2 49 -1 1.3 +0.7
SLT Salt TruBeta High Exposure ETF 27.0 29 19 3.9 +3.3
FDNI First Trust Dow Jones International Internet ETF 26.7 65 -17 2.1 +1.5
WFH Direxion Work From Home ETF 26.6 45 3 5.7 +5.1
ARKF ARK Fintech Innovation ETF 26.6 75 -27 0.6 +0.0
SCHG Schwab U.S. Large-Cap Growth ETF 25.8 4 44 4.8 +4.2
IGV iShares Expanded Tech-Software ETF 25.0 46 2 2.3 +1.8
QYLD Global X NASDAQ 100 Covered Call ETF 24.9 60 -12 4.5 +3.9
ALFA AlphaClone Alternative Alpha ETF 24.7 65 -17 -0.3 -0.9
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 24.6 60 -12 4.5 +3.9
QQQ Invesco QQQ Trust 24.6 20 28 4.9 +4.3
NUSI Nationwide Risk-Managed Income ETF 24.5 68 -20 4.5 +3.9
FDMO Fidelity Momentum Factor ETF 24.3 29 19 3.8 +3.2
JOYY Infusive Compounding Global Equities ETF 24.3 50 -2 5.0 +4.5
IWF iShares Russell 1000 Growth ETF 24.3 19 29 4.8 +4.2
GDAT Goldman Sachs Motif Data-Driven World Etf 24.2 50 -2 5.1 +4.5
VONG Vanguard Russell 1000 Growth Index Fund 23.9 8 40 4.9 +4.3
VUG Vanguard Growth Index Fund 23.9 4 44 4.9 +4.4
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 23.9 21 27 3.4 +2.8
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 23.6 86 -38 2.3 +1.7
MGK Vanguard Mega Cap Growth ETF 23.3 7 41 5.3 +4.7
SOCL Global X Social Media ETF 23.0 65 -17 1.8 +1.2
XNTK SPDR NYSE Technology ETF 23.0 35 13 3.7 +3.1
AIEQ AI Powered Equity ETF 22.9 87 -39 3.0 +2.4
SYG SPDR MFS Systematic Growth Equity ETF 22.8 60 -12 4.8 +4.2
XOUT GraniteShares XOUT U.S. Large Cap ETF 22.6 60 -12 4.8 +4.3
IWY iShares Russell Top 200 Growth ETF 22.6 20 28 5.1 +4.5
TMFC Motley Fool 100 Index ETF 22.5 50 -2 4.5 +3.9
IYW iShares U.S. Technology ETF 22.3 43 5 5.6 +5.1
GVIP Goldman Sachs Hedge Industry VIP ETF 22.2 45 3 3.9 +3.3
GENY Principal Millennials Index ETF 22.1 45 3 4.1 +3.5
PTF Invesco DWA Technology Momentum ETF 21.6 60 -12 1.4 +0.8
VOOG Vanguard S&P 500 Growth ETF 21.4 10 38 5.2 +4.6
IVW iShares S&P 500 Growth ETF 21.3 18 30 5.1 +4.5
SPYG SPDR Portfolio S&P 500 Growth ETF 21.3 4 44 5.2 +4.7
JKE iShares Morningstar Large-Cap Growth ETF 21.2 25 23 2.9 +2.3
IUSG iShares Core S&P US Growth ETF 20.8 4 44 5.2 +4.6
JKH iShares Morningstar Mid-Cap Growth ETF 20.3 30 18 2.1 +1.5
MTUM iShares Edge MSCI USA Momentum Factor ETF 20.0 15 33 4.7 +4.1
XLG Invesco S&P 500 Top 50 ETF 19.8 20 28 5.3 +4.7
SFYF SoFi 50 ETF 19.7 29 19 2.5 +2.0
IBUY Amplify Online Retail ETF 19.6 65 -17 -1.2 -1.8
KWEB KraneShares CSI China Internet ETF 19.4 76 -28 2.1 +1.6
CACG ClearBridge All Cap Growth ETF 19.3 54 -6 4.4 +3.9
XWEB SPDR S&P Internet ETF 19.1 35 13 -0.1 -0.7
OEF iShares S&P 100 ETF 19.1 20 28 5.4 +4.8
ESGV Vanguard ESG U.S. Stock ETF 19.0 12 36 5.5 +5.0
IWL iShares Russell Top 200 ETF 18.9 15 33 5.4 +4.8
EXT WisdomTree U.S. Total Earnings Fund 18.7 28 20 5.9 +5.3
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 18.6 20 28 5.3 +4.8
STLG iShares Factors US Growth Style ETF 18.6 25 23 5.3 +4.7
MMTM SPDR S&P 1500 Momentum Tilt ETF 18.5 12 36 5.6 +5.0
EBIZ Global X E-Commerce ETF 18.5 50 -2 2.5 +1.9
BKLC BNY Mellon US Large Cap Core Equity ETF 18.4 0 48 5.6 +5.0
SPXV ProShares S&P 500 Ex-Health Care ETF 18.4 27 21 5.5 +4.9
SFY SoFi Select 500 ETF 18.4 0 48 5.4 +4.8
MILN Global X Millennials Thematic ETF 18.3 50 -2 2.6 +2.1
SPXN ProShares S&P 500 Ex-Financials ETF 18.1 27 21 5.4 +4.9
IRBO iShares Robotics & Artificial Intelligence ETF 18.1 47 1 2.8 +2.2
SPMO Invesco S&P 500 Momentum ETF 18.1 13 35 4.7 +4.2
MGC Vanguard Mega Cap Index Fund 18.0 7 41 5.6 +5.0
HIPR Direxion High Growth ETF 17.9 40 8 5.9 +5.3
FPX First Trust US IPO Index Fund 17.9 58 -10 1.5 +0.9
DWEQ AdvisorShares Dorsey Wright Alpha Equal Weight ETF 17.8 99 -51 1.9 +1.3
DWLD Davis Select Worldwide ETF 17.8 63 -15 6.7 +6.1
BOSS Global X Founder-Run Companies ETF 17.8 45 3 3.4 +2.8
EFIV SPDR S&P 500 ESG ETF 17.7 10 38 5.6 +5.0
SNPE Xtrackers S&P 500 ESG ETF 17.7 10 38 5.6 +5.1
CLOU Global X Cloud Computing ETF 17.7 68 -20 0.6 +0.0
CXSE WisdomTree China ex-State-Owned Enterprises Fund 17.5 32 16 5.8 +5.2
FTC First Trust Large Cap Growth AlphaDEX Fund 17.5 61 -13 2.9 +2.3
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 17.4 7 41 5.6 +5.0
EEMO Invesco S&P Emerging Markets Momentum ETF 17.4 29 19 4.1 +3.5
LRGE ClearBridge Large Cap Growth ESG ETF 17.4 59 -11 4.2 +3.6
ESGU iShares MSCI USA ESG Optimized ETF 17.3 15 33 5.5 +4.9
JHMT John Hancock Multifactor Technology ETF 17.2 40 8 5.3 +4.8
PBUS Invesco PureBeta MSCI USA ETF 17.2 4 44 5.6 +5.0
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 17.2 15 33 6.7 +6.1
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 17.1 12 36 4.9 +4.3
VEGN US Vegan Climate ETF 17.1 60 -12 5.4 +4.9
SCHX Schwab U.S. Large-Cap ETF 17.0 3 45 5.5 +5.0

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:

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 12.4 %
Divided by: Fwd. P/BV 11.8 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		 1.36 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.