iShares MSCI China Multisector Tech ETF
ALTAR
Score™		 13.4% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 10.0x P/Sales
ratio		 1.1x
P/BV
ratio		 1.7x Div.
yield		 0.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
TCHI tracks a market cap-weighted index of large- and mid-cap Chinese equities in technology and technology-related industries.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Blackrock
Website www.ishares.com/us/products/325390/
Inception date Jan 25, 2022
Assets (mns) $45
Currency USD
Expense ratio 59 bp
Distributions Semi-annual

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 196
Wgt avg mkt cap (mns) $76,488
Large cap (>$10bn) 67.5%
Mid cap ($2-10bn) 32.3%
Small cap (<$2bn) 0.1%
Developed mkts 17.0%
Emerging mkts 83.0%

TOP TEN HOLDINGS
LENOVO GROUP LTD 4.6 %
NETEASE, INC 4.1 %
TENCENT HOLDINGS LTD 3.6 %
JD.COM, INC. CLASS A 3.3 %
HUA HONG SEMICONDUCTOR LTD. 3.3 %
KUAISHOU TECHNOLOGY CLASS B 3.3 %
PINDUODUO, INC. SPONSORED ADR CLAS 3.1 %
BAIDU, INC. CLASS A 3.1 %
XIAOMI CORP. CLASS B 3.1 %
ALIBABA GROUP HOLDING LTD. 3.0 %
Total 34.6 %

TOP COUNTRY EXPOSURE
CHINA 84.8 %
HONG KONG 9.0 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
9.1% 42.9% -- -- -0.0%

Market Correlations
versus... Beta R-squared
S&P500 1.18 30%
MSCI EAFE 0.90 28%
MSCI Emg. Mkts. 0.93 52%

Technical Indicators
Recent close $25.15
30d moving avg. $25.34
Annualized volatility 32.8%
Short interest (ETF) 1.7%
Relative strength (RSI) 50

Liquidity measures
Avg. volume (thou.) 16
Turnover 0.9%
Bid/Ask (% of price) 0.34%
ADV underlying (mns) $29,389

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 260 potential alternatives to the iShares MSCI China Multisector Tech ETF ETF based on the alternatives' overlap in portfolio holdings with TCHI. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: TCHI Expense: 59 bp ALTAR Score™: 13.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH TCHI
Ticker Fund
Name		 Overlap1
vs TCHI
(%)		 Expense
ratio
(bp)		 Savings
vs TCHI
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs TCHI
(%)
KTEC KraneShares Hang Seng TECH Index ETF 38.3 69 -10 22.0 +8.5
KWEB KraneShares CSI China Internet ETF 29.2 69 -10 25.5 +12.1
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 27.8 65 -6 6.1 -7.4
CQQQ Invesco China Technology ETF 27.0 70 -11 14.2 +0.7
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 26.3 60 -1 8.7 -4.8
FDNI First Trust Dow Jones International Internet ETF 25.3 65 -6 25.0 +11.6
FLCH Franklin FTSE China ETF 25.2 19 40 18.6 +5.2
FXI iShares China Large-Cap ETF 23.7 74 -15 22.0 +8.6
MCHI iShares MSCI China ETF 21.9 59 0 21.0 +7.5
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 21.7 86 -27 12.9 -0.6
MCH Matthews China Active ETF 21.3 79 -20 14.7 +1.3
CGRO CoreValues Alpha Greater China Growth ETF 20.9 75 -16 5.5 -8.0
JCHI JPMorgan Active China ETF 20.1 65 -6 15.6 +2.2
CHIQ Global X MSCI China Consumer Discretionary ETF 19.8 65 -6 14.6 +1.1
GXC SPDR S & P China ETF 19.3 59 0 19.2 +5.8
BKF iShares MSCI BIC ETF 15.9 69 -10 14.8 +1.4
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 15.1 55 4 6.3 -7.1
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 13.5 32 27 7.3 -6.2
EMC Global X Emerging Markets Great Consumer ETF 12.8 75 -16 6.9 -6.5
DRGN Themes China Generative Artificial Intelligence ETF 12.3 39 20 8.9 -4.6
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 12.1 15 44 8.6 -4.8
MINV Matthews Asia Innovators Active ETF 11.7 79 -20 5.0 -8.5
JADE JPMorgan Active Developing Markets Equity ETF 11.5 65 -6 5.8 -7.6
FLAX Franklin FTSE Asia Ex Japan ETF 11.2 19 40 7.0 -6.5
PXH Invesco FTSE RAFI Emerging Markets ETF 10.9 49 10 13.4 -0.0
LDEM iShares ESG MSCI EM Leaders ETF 10.8 17 42 12.6 -0.8
EEMA iShares MSCI Emerging Markets Asia ETF 10.6 49 10 7.4 -6.1
GMF SPDR S&P Emerging Asia Pacific ETF 10.6 49 10 8.4 -5.0
AIA iShares Asia 50 ETF 10.3 50 9 7.4 -6.0
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 10.2 33 26 6.5 -6.9
BNGE First Trust S-Network Streaming and Gaming ETF 10.2 70 -11 3.0 -10.4
VWO Vanguard FTSE Emerging Markets ETF 10.1 7 52 9.0 -4.5
IVRS iShares Future Metaverse Tech and Communications ETF 9.8 47 12 5.1 -8.4
BKEM BNY Mellon Emerging Markets Equity ETF 9.7 11 48 7.8 -5.7
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 9.6 20 39 12.8 -0.6
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 9.6 66 -7 7.1 -6.4
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 9.5 36 23 7.4 -6.0
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 9.4 88 -29 7.9 -5.5
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 9.4 45 14 7.8 -5.6
NUEM Nuveen ESG Emerging Markets Equity ETF 9.4 36 23 5.9 -7.6
MEM Matthews Emerging Markets Equity Active ETF 9.4 79 -20 8.3 -5.1
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 9.4 15 44 7.8 -5.7
SCHE Schwab Emerging Markets Equity ETF 9.4 11 48 9.3 -4.2
JHEM John Hancock Multifactor Emerging Markets ETF 9.2 49 10 7.4 -6.1
ABLG Abacus FCF International Leaders ETF 9.1 59 0 6.4 -7.1
AAXJ iShares MSCI All Country Asia ex Japan ETF 8.9 70 -11 6.7 -6.7
ARVR First Trust Indxx Metaverse ETF 8.9 70 -11 3.5 -9.9
DEHP Dimensional Emerging Markets High Profitability ETF 8.9 41 18 4.7 -8.8
SPEM SPDR Portfolio Emerging Markets ETF 8.8 7 52 9.3 -4.1
KGRN KraneShares MSCI China Clean Technology Index ETF 8.7 79 -20 3.8 -9.7
MOTI VanEck Morningstar International Moat ETF 8.6 58 1 10.2 -3.2
EMXF iShares ESG Advanced MSCI EM ETF 8.6 16 43 6.5 -7.0
ECON Columbia Emerging Markets Consumer ETF 8.6 49 10 6.4 -7.0
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 8.5 30 29 7.7 -5.7
FMET Fidelity Metaverse ETF 8.2 39 20 4.3 -9.1
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 8.1 72 -13 2.4 -11.0
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 8.1 41 18 6.8 -6.7
EEM iShares MSCI Emerging Markets ETF 8.0 69 -10 7.6 -5.8
ESGE iShares ESG Aware MSCI EM ETF 8.0 25 34 8.1 -5.4
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 8.0 69 -10 7.3 -6.2
EEMO Invesco S&P Emerging Markets Momentum ETF 7.3 29 30 6.3 -7.2
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 7.1 39 20 13.6 +0.2
FDEM Fidelity Emerging Markets Multifactor ETF 7.1 25 34 10.3 -3.2
IEMG iShares Core MSCI Emerging Markets ETF 7.1 9 50 8.0 -5.4
DFAE Dimensional Emerging Core Equity Market ETF 7.1 35 24 6.8 -6.6
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 6.7 95 -36 9.8 -3.7
EVLU iShares MSCI Emerging Markets Value Factor ETF 6.7 35 24 10.0 -3.4
GGME Invesco Next Gen Media and Gaming ETF 6.6 60 -1 4.4 -9.1
EMGF iShares Emerging Markets Equity Factor ETF 6.6 25 34 8.7 -4.8
MOTG VanEck Morningstar Global Wide Moat ETF 6.5 52 7 7.9 -5.6
SOCL Global X Social Media ETF 6.5 65 -6 12.6 -0.8
KSTR KraneShares SSE STAR Market 50 Index ETF 6.4 89 -30 0.4 -13.1
IXP iShares Global Comm Services ETF 6.0 42 17 5.8 -7.7
JIVE JPMorgan International Value ETF 5.9 55 4 8.2 -5.3
DFEM Dimensional Emerging Markets Core Equity 2 ETF 5.8 38 21 6.8 -6.6
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 5.6 42 17 3.9 -9.5
OND ProShares On-Demand ETF 5.5 58 1 0.5 -13.0
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 5.5 30 29 7.5 -6.0
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 5.3 65 -6 4.2 -9.2
OGIG ALPS O'Shares Global Internet Giants ETF 5.3 48 11 2.5 -11.0
UEVM VictoryShares Emerging Markets Value Momentum ETF 5.1 45 14 9.7 -3.8
IPKW Invesco International BuyBack Achievers ETF 5.1 55 4 8.1 -5.4
EBIZ Global X E-Commerce ETF 5.0 50 9 4.6 -8.8
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 4.9 59 0 8.3 -5.1
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 4.8 75 -16 3.2 -10.3
EMMF WisdomTree Emerging Markets Multifactor Fund 4.8 48 11 8.4 -5.1
ESPO VanEck Video Gaming and eSports ETF 4.7 56 3 6.5 -6.9
ODDS Pacer BlueStar Digital Entertainment ETF 4.7 60 -1 4.5 -9.0
LIT Global X Lithium & Battery Tech ETF 4.5 75 -16 5.5 -8.0
CNYA iShares MSCI China A ETF 4.4 60 -1 6.3 -7.2
PATN Pacer Nasdaq International Patent Leaders ETF 4.4 65 -6 3.9 -9.5
DSTX Distillate International Fundamental Stability & Value ETF 4.1 55 4 6.5 -6.9
ANEW ProShares MSCI Transformational Changes ETF 4.0 45 14 4.3 -9.2
EV Mast Global Battery Recycling & Production ETF 4.0 65 -6 6.4 -7.1
METV Roundhill Ball Metaverse ETF 4.0 59 0 7.7 -5.8
AVEM Avantis Emerging Markets Equity ETF 4.0 33 26 6.9 -6.6
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 4.0 60 -1 6.7 -6.8
RXI iShares Global Consumer Discretionary ETF 4.0 41 18 8.3 -5.2
BOTZ Global X Robotics & Artificial Intelligence ETF 3.8 69 -10 1.9 -11.5
GTEK Goldman Sachs Future Tech Leaders Equity ETF 3.8 75 -16 1.7 -11.8
NXTG First Trust Indxx NextG ETF 3.8 70 -11 3.5 -10.0
ROAM Hartford Multifactor Emerging Markets ETF 3.7 44 15 7.5 -6.0
AVSE Avantis Responsible Emerging Markets Equity ETF 3.7 33 26 6.4 -7.0
FDCF Fidelity Disruptive Communications ETF 3.6 50 9 1.8 -11.7
GINN Goldman Sachs Innovate Equity ETF 3.5 52 7 3.7 -9.8
ECOW Pacer Emerging Markets Cash Cows 100 ETF 3.5 70 -11 9.4 -4.1
BATT Amplify Lithium & Battery Technology ETF 3.5 59 0 2.1 -11.4
PCGG Polen Capital Global Growth ETF 3.5 85 -26 3.9 -9.5
HUMN Roundhill Humanoid Robotics ETF 3.4 75 -16 1.2 -12.2
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 3.3 41 18 5.8 -7.6
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 3.2 40 19 6.2 -7.3
VEU Vanguard FTSE All-World ex-US Index Fund 3.1 4 55 6.6 -6.9
GXUS Goldman Sachs MarketBeta Total International Equity ETF 3.1 18 41 6.3 -7.2
TTAI FCF International Quality ETF 3.1 59 0 6.9 -6.6
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 3.1 50 9 8.2 -5.2
AIS VistaShares Artificial Intelligence Supercycle ETF 3.0 75 -16 0.8 -12.6
AIVC Amplify Bloomberg AI Value Chain ETF 2.9 59 0 3.4 -10.1
VXUS Vanguard Total International Stock ETF 2.8 5 54 6.5 -6.9
CHAT Roundhill Generative AI & Technology ETF 2.8 75 -16 4.0 -9.5
JIG JPMorgan International Growth ETF 2.8 55 4 3.5 -9.9
RNEM First Trust Emerging Markets Equity Select ETF 2.7 75 -16 7.9 -5.5
ACWX iShares MSCI ACWI ex U.S. ETF 2.7 34 25 6.3 -7.2
SDG iShares MSCI Global Sustainable Development Goals ETF 2.7 49 10 4.6 -8.9
CWI SPDR MSCI ACWI ex-US ETF 2.7 30 29 6.3 -7.1
IBUY Amplify Online Retail ETF 2.7 65 -6 2.2 -11.3
DFEV Dimensional Emerging Markets Value ETF 2.7 43 16 9.2 -4.3
ONLN ProShares Online Retail ETF 2.6 58 1 1.3 -12.2
ISHP First Trust Nasdaq Retail ETF 2.6 60 -1 5.4 -8.0
IBLC iShares Blockchain and Tech ETF 2.5 47 12 -1.3 -14.7
VSGX Vanguard ESG International Stock ETF 2.5 10 49 6.4 -7.0
FID First Trust S&P International Dividend Aristocrats ETF 2.5 60 -1 7.8 -5.6
ETEC iShares Breakthrough Environmental Solutions ETF 2.4 47 12 2.9 -10.6
IXUS iShares Core MSCI Total International Stock ETF 2.4 7 52 6.5 -7.0
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 2.4 90 -31 3.5 -10.0
BUYZ Franklin Disruptive Commerce ETF 2.3 50 9 2.4 -11.1
WDIV SPDR S&P Global Dividend ETF 2.3 40 19 9.1 -4.4
PGJ Invesco Golden Dragon China ETF 2.3 70 -11 16.1 +2.6
SMOG VanEck Low Carbon Energy ETF 2.2 61 -2 1.3 -12.2
XT iShares Exponential Technologies ETF 2.2 46 13 3.8 -9.7
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 2.2 25 34 5.9 -7.5
CDIG City Different Investments Global Equity ETF 2.2 75 -16 -1.6 -15.0
FEM First Trust Emerging Markets AlphaDEX Fund 2.2 80 -21 8.8 -4.7
KOCG FIS Knights of Columbus Global Belief ETF 2.2 75 -16 4.5 -8.9
AVES Avantis Emerging Markets Value ETF 1.9 36 23 8.8 -4.6
CTEC Global X CleanTech ETF 1.9 50 9 -0.0 -13.5
ROBO ROBO Global Robotics & Automation Index ETF 1.9 95 -36 2.3 -11.1
AIQ Global X Artificial Intelligence & Technology ETF 1.9 68 -9 2.7 -10.8
FPXI First Trust International Equity Opportunities ETF 1.8 70 -11 3.6 -9.8
TIIV AAM Todd International Intrinsic Value ETF 1.8 54 5 9.5 -3.9
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.8 65 -6 1.4 -12.1
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.8 30 29 6.4 -7.1
DTAN Sparkline International Intangible Value ETF 1.7 55 4 7.3 -6.2
FRGN Horizon International Equity ETF 1.7 75 -16 7.7 -5.8
KLMT Invesco MSCI Global Climate 500 ETF 1.7 10 49 4.9 -8.6
XDAT Franklin Exponential Data ETF 1.7 50 9 1.1 -12.3
ADIV SmartETFs Asia Pacific Dividend Builder ETF 1.7 78 -19 9.5 -3.9
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.6 58 1 3.0 -10.4
CGXU Capital Group International Focus Equity ETF 1.5 54 5 3.7 -9.7
FDRV Fidelity Electric Vehicles and Future Transportation ETF 1.5 39 20 1.0 -12.4
IDRV iShares Self-driving EV & Tech ETF 1.5 47 12 1.5 -12.0
ERTH Invesco MSCI Sustainable Future ETF 1.5 62 -3 3.2 -10.2
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 1.4 57 2 2.3 -11.2
AOTS AOT Software Platform ETF 1.4 49 10 4.7 -8.8
BWEB Bitwise Web3 ETF 1.4 85 -26 -0.1 -13.5
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.4 65 -6 7.3 -6.1
FCLD Fidelity Cloud Computing ETF 1.3 39 20 2.9 -10.6
KNCT Invesco Next Gen Connectivity ETF 1.3 40 19 2.8 -10.6
OBOR KraneShares MSCI One Belt One Road Index ETF 1.3 79 -20 7.7 -5.8
HERO Global X Video Games & Esports ETF 1.3 50 9 6.0 -7.5
FEOE First Eagle Overseas Equity ETF 1.3 79 -20 6.1 -7.4
AVEE Avantis Emerging Markets Small Cap Equity ETF 1.3 42 17 7.6 -5.9
FCA First Trust China AlphaDEX Fund 1.2 80 -21 8.6 -4.9
IPOS Renaissance International IPO ETF 1.1 80 -21 0.0 -13.4
QNXT iShares Nasdaq-100 ex Top 30 ETF 1.1 20 39 4.0 -9.5
CNXT VanEck ChiNext ETF 1.1 65 -6 2.6 -10.9
TAN Invesco Solar ETF 1.1 67 -8 4.6 -8.9
UMMA Wahed Dow Jones Islamic World ETF 1.1 65 -6 3.4 -10.0
VT Vanguard Total World Stock ETF 1.1 6 53 4.9 -8.5
FDTX Fidelity Disruptive Technology ETF 1.0 50 9 1.5 -11.9
VCLN Virtus Duff & Phelps Clean Energy ETF 1.0 59 0 2.5 -10.9
ACWI iShares MSCI ACWI ETF 1.0 32 27 4.6 -8.9
ION ProShares S&P Global Core Battery Metals ETF 1.0 58 1 6.6 -6.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.0 9 50 4.8 -8.7
IGPT Invesco AI and Next Gen Software ETF 1.0 60 -1 2.2 -11.3
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.9 35 24 3.3 -10.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.9 12 47 4.4 -9.1
GEW Cambria Global EW ETF 0.9 29 30 5.3 -8.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.9 20 39 4.7 -8.8
WRND IQ Global Equity R&D Leaders ETF 0.9 18 41 4.0 -9.4
JSTC Adasina Social Justice All Cap Global ETF 0.9 89 -30 4.2 -9.2
FEGE First Eagle Global Equity ETF 0.9 79 -20 6.1 -7.4
IOO iShares Global 100 ETF 0.9 41 18 3.8 -9.6
BOTT Themes Robotics & Automation ETF 0.8 35 24 -4.4 -17.8
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 0.7 44 15 9.5 -3.9
NERD Roundhill Video Games ETF 0.7 50 9 7.9 -5.6
CARZ First Trust NASDAQ Global Auto Index Fund 0.7 70 -11 2.3 -11.2
CGIE Capital Group International Equity ETF 0.7 54 5 4.5 -8.9
IBOT Vaneck Robotics ETF 0.7 47 12 3.2 -10.3
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.7 47 12 7.1 -6.4
IQDF FlexShares International Quality Dividend Index Fund 0.7 47 12 7.4 -6.0
GCOW Pacer Global Cash Cows Dividend ETF 0.6 60 -1 9.6 -3.8
IQM Franklin Intelligent Machines ETF 0.6 50 9 1.1 -12.4
POW VistaShares Electrification Supercycle ETF 0.6 75 -16 2.1 -11.3
IGRO iShares International Dividend Growth ETF 0.6 15 44 6.6 -6.8
APIE ActivePassive International Equity ETF 0.6 45 14 6.3 -7.2
VYMI Vanguard International High Dividend Yield ETF 0.6 17 42 7.9 -5.5
DGT State Street SPDR Global Dow ETF 0.5 50 9 5.6 -7.8
CGDG Capital Group Dividend Growers ETF 0.5 47 12 5.1 -8.3
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 0.5 61 -2 1.5 -11.9
ECNS iShares MSCI China Small-Cap ETF 0.5 59 0 9.8 -3.7
SATO Invesco Alerian Galaxy Crypto Economy ETF 0.5 61 -2 -0.7 -14.2
QQQ Invesco QQQ Trust Series I 0.5 20 39 3.1 -10.3
QQQM Invesco NASDAQ 100 ETF 0.5 15 44 3.2 -10.3
JPIN J.P. Morgan Diversified Return International Equity ETF 0.5 37 22 7.1 -6.3
ACWV iShares MSCI Global Min Vol Factor ETF 0.5 20 39 5.7 -7.7
JGLO JPMorgan Global Select Equity ETF 0.5 33 26 4.2 -9.2
GLOF iShares Global Equity Factor ETF 0.4 20 39 5.5 -7.9
DTEC ALPS Disruptive Technologies ETF 0.4 50 9 3.6 -9.8
FRNW Fidelity Clean Energy ETF 0.4 39 20 1.9 -11.5
PBD Invesco Global Clean Energy ETF 0.4 75 -16 0.3 -13.2
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.4 79 -20 3.7 -9.8
CCNR ALPS CoreCommodity Natural Resources ETF 0.4 39 20 8.6 -4.8
ICLN iShares Global Clean Energy ETF 0.4 41 18 1.9 -11.6
AQLT iShares MSCI Global Quality Factor ETF 0.4 18 41 0.0 -13.4
LIMI Themes Lithium & Battery Metal Miners ETF 0.4 35 24 3.3 -10.1
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.3 80 -21 11.8 -1.6
QQMG Invesco ESG NASDAQ 100 ETF 0.3 20 39 3.1 -10.4
TRFM AAM Transformers ETF 0.3 49 10 0.9 -12.5
QQWZ Pacer Cash COWZ 100-Nasdaq100 Rotator ETF 0.2 49 10 7.2 -6.3
IXN iShares Global Tech ETF 0.2 41 18 2.6 -10.9
CLNR IQ Cleaner Transport ETF 0.2 45 14 3.9 -9.5
VPL Vanguard FTSE Pacific ETF 0.2 7 52 5.1 -8.4
SDEM Global X MSCI SuperDividend Emerging Markets ETF 0.2 67 -8 12.4 -1.0
FBOT Fidelity Disruptive Automation ETF 0.2 50 9 2.9 -10.6
PNQI Invesco NASDAQ Internet ETF 0.2 60 -1 3.8 -9.6
INTF iShares International Equity Factor ETF 0.2 15 44 6.5 -7.0
BULD Pacer BlueStar Engineering the Future ETF 0.2 60 -1 0.2 -13.2
ONEQ Fidelity Nasdaq Composite Index ETF 0.2 21 38 2.9 -10.6
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.1 80 -21 9.4 -4.1
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.1 70 -11 6.4 -7.1
THRO iShares U.S. Thematic Rotation Active ETF 0.1 90 -31 3.1 -10.4
FNDC Schwab Fundamental International Small Co. Index ETF 0.1 39 20 6.8 -6.6
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 10 6.1 -7.4
SCHF Schwab International Equity ETF 0.1 6 53 5.8 -7.6
VEA Vanguard FTSE Developed Markets ETF 0.1 3 56 5.9 -7.6
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.1 58 1 3.5 -10.0
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.1 58 1 8.2 -5.2
HFXI IQ FTSE International Equity Currency Neutral ETF 0.1 20 39 5.5 -7.9
CVY Invesco Zacks Multi-Asset Income ETF 0.1 106 -47 9.9 -3.6
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.1 20 39 0.8 -12.6
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.1 50 9 4.8 -8.7
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 14 6.7 -6.7
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.0 25 34 5.4 -8.1
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.0 24 35 6.9 -6.5
IQSI IQ Candriam International Equity ETF 0.0 15 44 5.5 -8.0
WSGE Warren Street Global Equity ETF 0.0 80 -21 2.8 -10.6
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.0 8 51 6.3 -7.1
BKIE BNY Mellon International Equity ETF 0.0 4 55 5.9 -7.5
GSID Goldman Sachs MarketBeta International Equity ETF 0.0 20 39 5.8 -7.7
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 56 5.8 -7.7

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

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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

Content on this tab for subscribers only

VALUATION METRICS
  2024 2025E 2026E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 iShares MSCI China Multisector Tech ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 22.1 %
Divided by: Fwd. P/BV 1.6 x
Less: Expense ratio 59 bp
Equals: ALTAR Score 13.4 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.45 CATEGORY
AVERAGE		 1.53
 
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.