iShares S&P Global Consumer Discretionary
ALTAR
Score™
6.8% info Recommen-
dation
OVERWEIGHT
2019E    2020E
P/E
ratio
17.8x P/Sales
ratio
1.1x
P/BV
ratio
2.7x Div.
yield
2.0%


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

FUND BASICS
Category Global Equities
Fund Sponsor Barclays Global Fund Advisors
Website www.ishares.com
Inception date Sep 15, 2006
Assets (mns) $209
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 n/a
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 150
Wgt avg mkt cap (mns) $159,704
Large cap (>$10bn) 93.4%
Mid cap ($2-10bn) 6.5%
Small cap (<$2bn) 0.2%
Developed mkts 99.4%
Emerging mkts 0.7%

TOP TEN HOLDINGS
AMAZON.COM INC 9.4 %
HOME DEPOT INC 6.2 %
TOYOTA MOTOR CORP 4.8 %
MCDONALD'S CORP 3.8 %
LVMH MOET HENNESSY LOUIS VUI 3.1 %
NIKE INC -CL B 3.0 %
STARBUCKS CORP 2.6 %
LOWE'S COS INC 2.4 %
BOOKING HOLDINGS INC. 2.1 %
SONY CORP 2.0 %
Total 39.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 54.7 %
JAPAN 16.8 %
FRANCE 8.0 %
GERMANY 5.5 %
BRITAIN 4.5 %
SWITZERLAND 1.7 %
CANADA 1.6 %
AUSTRALIA 1.4 %
CHINA 1.2 %
IRELAND 0.9 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru November 30)
Year-to-date 1 year 5 years 10 years Since Incep.
23.7% 15.3% 9.1% 13.0% 8.0%

Market Correlations
versus... Beta R-squared
S&P500 1.02 83%
MSCI EAFE 1.10 81%
MSCI Emg. Mkts. 0.79 67%

Technical Indicators
Recent close $122.80
30d moving avg. $123.05
Annualized volatility 13.5%
Short interest (ETF) 0.2%
Relative strength (RSI) 53

Liquidity measures
Avg. volume (thou.) 15
Turnover 0.9%
Bid/Ask (% of price) 0.14%
ADV underlying (mns) $25,969

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the iShares S&P Global Consumer Discretionary ETF based on the alternatives' overlap in portfolio holdings with RXI. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: RXI Expense: 46 bp ALTAR Score™: 6.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH RXI
Ticker Fund
Name
Overlap1
vs RXI
(%)
Expense
ratio
(bp)
Savings
vs RXI
(bp)
ALTAR
Score™
(%)
ALTAR
vs RXI
(%)
XLY Consumer Discretionary Select Sector SPDR 55.5 13 33 5.7 -1.0
VCR Vanguard Consumer Discretionary 55.5 10 36 5.5 -1.3
FDIS Fidelity MSCI Consumer Discrettionary 55.5 8 38 5.4 -1.3
IEDI iShares Evolved U.S. Discretionary Spending 46.7 18 28 5.0 -1.7
JHMC John Hancock Multifactor Consumer Discretionary 45.4 40 6 5.9 -0.8
IYC iShares DJ US Consumer Services 43.7 42 4 5.1 -1.7
RCD Invesco S&P Equal Weight Consumer Discretionary 36.6 40 6 8.4 +1.6
RTH VanEck Vectors Retail 26.8 35 11 5.9 -0.9
FXD First Trust Consumer Discretionary 22.0 64 -18 8.0 +1.2
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation 19.4 60 -14 7.4 +0.6
FTXD First Trust Nasdaq Retail 19.0 60 -14 6.5 -0.2
MILN Global X Millennials Thematic 18.8 50 -4 2.9 -3.8
MGK Vanguard Mega Cap 300 Growth 16.4 7 39 5.1 -1.7
EWJ iShares MSCI Japan 15.9 47 -1 7.6 +0.8
BBJP JPMorgan BetaBuilders Japan 15.9 19 27 7.8 +1.0
DBJP Xtrackers MSCI Japan Hedged 15.7 45 1 7.6 +0.8
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 15.5 75 -29 4.7 -2.1
TMFC Motley Fool 100 Index 15.4 50 -4 4.3 -2.4
HFXJ IQ 50 Percent Hedged FTSE Japan 15.4 30 16 7.7 +1.0
FLJP Franklin FTSE Japan 15.2 9 37 7.9 +1.2

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:
iShares S&P Global Consumer Discretionary
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 17.3 %
Divided by: Fwd. P/BV 2.4 x
Less: Expense ratio 46 bp
Equals: ALTAR Score 6.8 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.53 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.