iShares MSCI China Multisector Tech ETF
ALTAR
Score™		 16.9% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 8.4x P/Sales
ratio		 1.0x
P/BV
ratio		 1.5x 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) $25
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 171
Wgt avg mkt cap (mns) $65,160
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
XIAOMI CORP. CLASS B 4.6 %
ALIBABA GROUP HOLDING LTD. 4.5 %
KUAISHOU TECHNOLOGY CLASS B 4.4 %
JD.COM, INC. CLASS A 4.3 %
TENCENT HOLDINGS LTD 4.1 %
LENOVO GROUP LTD 4.0 %
BAIDU, INC. CLASS A 4.0 %
NETEASE, INC 3.9 %
PINDUODUO, INC. SPONSORED ADR CLAS 3.7 %
CONTEMPORARY AMPEREX TECHNOLOGY CO 3.4 %
Total 40.9 %

TOP COUNTRY EXPOSURE
CHINA 93.5 %
HONG KONG 6.8 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
10.5% 23.4% -- -- -8.2%

Market Correlations
versus... Beta R-squared
S&P500 0.71 11%
MSCI EAFE 1.21 33%
MSCI Emg. Mkts. 1.74 73%

Technical Indicators
Recent close $20.50
30d moving avg. $19.34
Annualized volatility 34.5%
Short interest (ETF) 1.3%
Relative strength (RSI) 55

Liquidity measures
Avg. volume (thou.) 15
Turnover 1.3%
Bid/Ask (% of price) 0.40%
ADV underlying (mns) $29,389

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 244 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™: 16.9%


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 44.7 69 -10 18.0 +1.2
KWEB KraneShares CSI China Internet ETF 39.6 69 -10 24.0 +7.1
CXSE WisdomTree China ex-State-Owned Enterprises Fund 37.0 32 27 16.9 -0.0
CQQQ Invesco China Technology ETF 30.2 70 -11 9.9 -7.0
MCH Matthews China Active ETF 29.0 79 -20 14.8 -2.1
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 28.9 60 -1 10.2 -6.7
JCHI JPMorgan Active China ETF 28.2 65 -6 15.6 -1.3
FLCH Franklin FTSE China ETF 26.9 19 40 16.3 -0.6
KALL KraneShares MSCI All China Index ETF 26.8 49 10 14.8 -2.1
FDNI First Trust Dow Jones International Internet ETF 25.9 65 -6 18.2 +1.3
FXI iShares China Large-Cap ETF 25.5 74 -15 16.7 -0.2
MCHI iShares MSCI China ETF 25.5 59 0 17.3 +0.5
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 23.9 65 -6 7.7 -9.2
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 23.5 86 -27 13.3 -3.6
CGRO CoreValues Alpha Greater China Growth ETF 22.8 75 -16 3.7 -13.2
GXC SPDR S&P China ETF 22.7 59 0 16.0 -0.9
CHIQ Global X MSCI China Consumer Discretionary ETF 22.4 65 -6 16.2 -0.7
BKF iShares MSCI BIC ETF 18.1 69 -10 13.2 -3.7
MINV Matthews Asia Innovators Active ETF 17.7 79 -20 7.5 -9.4
ECON Columbia Emerging Markets Consumer ETF 16.7 49 10 12.3 -4.6
AIA iShares Asia 50 ETF 15.7 50 9 13.1 -3.8
EMC Global X Emerging Markets Great Consumer ETF 15.5 75 -16 8.8 -8.1
FLAX Franklin FTSE Asia Ex Japan ETF 15.1 19 40 9.4 -7.5
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 14.9 20 39 10.7 -6.2
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 14.4 32 27 9.2 -7.6
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 13.8 45 14 10.4 -6.4
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 13.8 66 -7 9.8 -7.1
EEMA iShares MSCI Emerging Markets Asia ETF 13.7 49 10 10.0 -6.9
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 13.7 33 26 10.1 -6.8
BKEM BNY Mellon Emerging Markets Equity ETF 13.5 11 48 10.1 -6.8
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 13.4 15 44 10.3 -6.6
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 13.4 36 23 9.8 -7.1
LDEM iShares ESG MSCI EM Leaders ETF 13.0 17 42 13.1 -3.8
AAXJ iShares MSCI All Country Asia ex Japan ETF 12.8 70 -11 9.2 -7.7
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 12.0 30 29 10.3 -6.6
GMF SPDR S&P Emerging Asia Pacific ETF 12.0 49 10 9.4 -7.5
FDEM Fidelity Emerging Markets Multifactor ETF 11.9 25 34 12.8 -4.1
SCHE Schwab Emerging Markets Equity ETF 11.8 11 48 11.1 -5.8
EEM iShares MSCI Emerging Markets ETF 11.6 69 -10 10.2 -6.7
VWO Vanguard FTSE Emerging Markets ETF 11.6 7 52 10.5 -6.4
ESGE iShares ESG Aware MSCI EM ETF 11.2 25 34 10.0 -6.9
JHEM John Hancock Multifactor Emerging Markets ETF 10.9 49 10 10.4 -6.5
EEMO Invesco S&P Emerging Markets Momentum ETF 10.9 29 30 6.4 -10.4
PXH Invesco FTSE RAFI Emerging Markets ETF 10.9 49 10 15.9 -1.0
DEHP Dimensional Emerging Markets High Profitability ETF 10.7 41 18 6.8 -10.0
SPEM SPDR Portfolio Emerging Markets ETF 10.7 7 52 10.6 -6.3
IEMG iShares Core MSCI Emerging Markets ETF 10.5 9 50 10.4 -6.4
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 10.1 55 4 8.0 -8.9
ARVR First Trust Indxx Metaverse ETF 10.0 70 -11 4.0 -12.9
EMGF iShares Emerging Markets Equity Factor ETF 10.0 25 34 11.8 -5.1
MEM Matthews Emerging Markets Equity Active ETF 10.0 79 -20 7.9 -8.9
RAYC Rayliant Quantamental China Equity ETF 9.8 80 -21 8.4 -8.5
NUEM Nuveen ESG Emerging Markets Equity ETF 9.7 36 23 7.8 -9.1
DFAE Dimensional Emerging Core Equity Market ETF 9.6 35 24 9.4 -7.5
CHAT Roundhill Generative AI & Technology ETF 9.5 75 -16 7.8 -9.1
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 9.5 41 18 8.8 -8.1
MOTI VanEck Morningstar International Moat ETF 8.9 58 1 11.2 -5.7
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 8.8 15 44 8.1 -8.8
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 8.8 59 0 11.7 -5.2
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 8.6 39 20 16.2 -0.7
SOCL Global X Social Media ETF 8.5 65 -6 7.9 -9.0
IVRS iShares Future Metaverse Tech and Communications ETF 8.2 47 12 2.6 -14.3
PGJ Invesco Golden Dragon China ETF 8.1 70 -11 9.6 -7.3
BNGE First Trust S-Network Streaming and Gaming ETF 8.1 70 -11 2.7 -14.2
DFEM Dimensional Emerging Markets Core Equity 2 ETF 7.9 38 21 9.4 -7.5
EVLU iShares MSCI Emerging Markets Value Factor ETF 7.6 35 24 19.2 +2.3
FMET Fidelity Metaverse ETF 7.5 39 20 4.7 -12.1
AVEM Avantis Emerging Markets Equity ETF 7.0 33 26 9.1 -7.8
KGRN KraneShares MSCI China Clean Technology Index ETF 7.0 79 -20 3.5 -13.4
ANEW ProShares MSCI Transformational Changes ETF 6.9 45 14 6.1 -10.8
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 6.8 95 -36 12.7 -4.2
ESPO VanEck Video Gaming and eSports ETF 6.8 56 3 4.2 -12.7
GGME Invesco Next Gen Media and Gaming ETF 6.7 60 -1 4.2 -12.6
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 6.7 30 29 9.9 -7.0
PATN Pacer Nasdaq International Patent Leaders ETF 6.3 65 -6 6.3 -10.6
FEM First Trust Emerging Markets AlphaDEX Fund 6.3 80 -21 12.2 -4.7
WRND IQ Global Equity R&D Leaders ETF 6.1 18 41 8.4 -8.5
IXP iShares Global Comm Services ETF 6.0 42 17 5.7 -11.2
AVSE Avantis Responsible Emerging Markets Equity ETF 5.9 33 26 8.5 -8.3
OND ProShares On-Demand ETF 5.8 58 1 0.7 -16.2
ROAM Hartford Multifactor Emerging Markets ETF 5.8 44 15 12.0 -4.9
EBIZ Global X E-Commerce ETF 5.7 50 9 4.1 -12.8
ODDS Pacer BlueStar Digital Entertainment ETF 5.7 60 -1 2.0 -14.9
IPKW Invesco International BuyBack Achievers ETF 5.5 55 4 13.6 -3.3
MOTG VanEck Morningstar Global Wide Moat ETF 5.3 52 7 6.7 -10.2
KSTR KraneShares SSE STAR Market 50 Index ETF 5.1 89 -30 1.7 -15.2
FCA First Trust China AlphaDEX Fund 5.1 80 -21 8.8 -8.1
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 4.9 40 19 7.1 -9.8
FDCF Fidelity Disruptive Communications ETF 4.9 50 9 2.9 -13.9
ISHP First Trust Nasdaq Retail ETF 4.8 60 -1 5.2 -11.7
LIT Global X Lithium & Battery Tech ETF 4.5 75 -16 5.3 -11.6
METV Roundhill Ball Metaverse ETF 4.4 59 0 5.2 -11.7
DFEV Dimensional Emerging Markets Value ETF 4.4 43 16 13.2 -3.7
ABLG Abacus FCF International Leaders ETF 4.4 59 0 6.5 -10.4
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 4.3 65 -6 5.8 -11.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 4.3 41 18 7.7 -9.2
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 4.2 72 -13 -0.8 -17.7
RXI iShares Global Consumer Discretionary ETF 4.2 41 18 9.2 -7.7
IVES Wedbush ETFMG Global Cloud Technology ETF 4.2 68 -9 15.4 -1.5
EV Mast Global Battery Recycling & Production ETF 4.1 65 -6 10.6 -6.3
CNYA iShares MSCI China A ETF 4.1 60 -1 6.9 -10.0
GXUS Goldman Sachs MarketBeta Total International Equity ETF 4.1 18 41 7.9 -9.0
JIG JPMorgan International Growth ETF 4.1 55 4 4.7 -12.2
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 4.1 75 -16 4.8 -12.1
BATT Amplify Lithium & Battery Technology ETF 4.1 59 0 3.6 -13.3
FLHK Franklin FTSE Hong Kong ETF 4.1 9 50 7.1 -9.8
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 4.0 60 -1 7.2 -9.7
OGIG ALPS O'Shares Global Internet Giants ETF 3.9 48 11 1.6 -15.3
AIVC Amplify Bloomberg AI Value Chain ETF 3.9 59 0 5.9 -11.0
EMXF iShares ESG Advanced MSCI EM ETF 3.8 16 43 8.4 -8.5
ECOW Pacer Emerging Markets Cash Cows 100 ETF 3.8 70 -11 14.6 -2.3
ONLN ProShares Online Retail ETF 3.7 58 1 2.3 -14.6
AIQ Global X Artificial Intelligence & Technology ETF 3.7 68 -9 3.8 -13.1
TTAI FCF International Quality ETF 3.7 59 0 7.0 -9.9
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 3.7 50 9 11.4 -5.5
ACWX iShares MSCI ACWI ex U.S. ETF 3.6 34 25 7.9 -9.0
NXTG First Trust Indxx NextG ETF 3.6 70 -11 5.3 -11.6
VEU Vanguard FTSE All-World ex-US Index Fund 3.6 4 55 8.2 -8.6
CWI SPDR MSCI ACWI ex-US ETF 3.4 30 29 7.8 -9.1
IBLC iShares Blockchain and Tech ETF 3.2 47 12 -3.4 -20.3
VXUS Vanguard Total International Stock ETF 3.2 5 54 8.1 -8.8
IXUS iShares Core MSCI Total International Stock ETF 3.1 7 52 8.1 -8.8
FPXI First Trust International Equity Opportunities ETF 3.0 70 -11 3.5 -13.4
DSTX Distillate International Fundamental Stability & Value ETF 3.0 55 4 8.3 -8.6
GSFP Goldman Sachs Future Planet Equity ETF 2.9 75 -16 4.6 -12.2
RNEM First Trust Emerging Markets Equity Select ETF 2.8 75 -16 7.1 -9.8
SDG iShares MSCI Global Sustainable Development Goals ETF 2.7 49 10 6.2 -10.7
IBUY Amplify Online Retail ETF 2.7 65 -6 1.3 -15.6
VSGX Vanguard ESG International Stock ETF 2.7 10 49 8.0 -8.9
XNTK SPDR NYSE Technology ETF 2.6 35 24 3.8 -13.1
UEVM VictoryShares Emerging Markets Value Momentum ETF 2.5 45 14 10.8 -6.1
ETEC iShares Breakthrough Environmental Solutions ETF 2.5 47 12 3.5 -13.4
UMMA Wahed Dow Jones Islamic World ETF 2.4 65 -6 5.1 -11.7
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 2.4 25 34 6.5 -10.4
AIS VistaShares Artificial Intelligence Supercycle ETF 2.3 75 -16 3.6 -13.3
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 2.2 57 2 3.6 -13.3
RAYS Global X Solar ETF 2.2 51 8 7.0 -9.9
KOCG FIS Knights of Columbus Global Belief ETF 2.2 75 -16 5.1 -11.8
DFAX Dimensional World ex U.S. Core Equity 2 ETF 2.1 30 29 8.1 -8.8
BLLD JPMorgan Sustainable Infrastructure ETF 2.1 49 10 6.1 -10.8
GTEK Goldman Sachs Future Tech Leaders Equity ETF 2.1 75 -16 3.1 -13.8
TAN Invesco Solar ETF 2.0 67 -8 7.2 -9.7
AVES Avantis Emerging Markets Value ETF 2.0 36 23 11.5 -5.4
XT iShares Exponential Technologies ETF 1.9 46 13 4.8 -12.1
BUYZ Franklin Disruptive Commerce ETF 1.9 50 9 2.3 -14.6
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.8 45 14 4.5 -12.4
AVEE Avantis Emerging Markets Small Cap Equity ETF 1.8 42 17 9.8 -7.1
FDTX Fidelity Disruptive Technology ETF 1.8 50 9 2.6 -14.3
TEMP JPMorgan Climate Change Solutions ETF 1.7 49 10 5.8 -11.1
AADR AdvisorShares Dorsey Wright ADR ETF 1.7 110 -51 5.1 -11.8
FEOE First Eagle Overseas Equity ETF 1.6 79 -20 8.3 -8.6
QNXT iShares Nasdaq-100 ex Top 30 ETF 1.6 20 39 4.2 -12.6
CGV Conductor Global Equity Value ETF 1.6 130 -71 8.7 -8.2
GINN Goldman Sachs Innovate Equity ETF 1.6 52 7 3.7 -13.2
SMOG VanEck Low Carbon Energy ETF 1.6 61 -2 1.6 -15.3
EMMF WisdomTree Emerging Markets Multifactor Fund 1.5 48 11 7.8 -9.1
KNCT Invesco Next Gen Connectivity ETF 1.4 40 19 5.0 -11.9
BWEB Bitwise Web3 ETF 1.4 85 -26 -0.0 -16.9
OBOR KraneShares MSCI One Belt One Road Index ETF 1.3 79 -20 8.7 -8.1
KLMT Invesco MSCI Global Climate 500 ETF 1.3 10 49 5.9 -11.0
ACWI iShares MSCI ACWI ETF 1.3 32 27 5.7 -11.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.2 9 50 5.9 -11.0
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 1.2 90 -31 7.7 -9.2
IOO iShares Global 100 ETF 1.2 41 18 4.9 -12.0
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.2 35 24 4.2 -12.7
WUGI AXS Esoterica NextG Economy ETF 1.2 75 -16 2.4 -14.5
VT Vanguard Total World Stock ETF 1.2 6 53 6.0 -10.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.2 20 39 5.8 -11.1
CGXU Capital Group International Focus Equity ETF 1.2 54 5 5.8 -11.1
IQDF FlexShares International Quality Dividend Index Fund 1.1 47 12 9.3 -7.6
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.1 61 -2 1.3 -15.6
FEGE First Eagle Global Equity ETF 1.1 79 -20 7.1 -9.8
CVY Invesco Zacks Multi-Asset Income ETF 1.1 106 -47 12.2 -4.7
CGIE Capital Group International Equity ETF 1.1 54 5 5.0 -11.8
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.1 12 47 5.2 -11.6
RODE Hartford Multifactor Diversified International ETF 1.0 29 30 12.7 -4.2
ICLN iShares Global Clean Energy ETF 1.0 41 18 5.8 -11.1
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.0 58 1 4.0 -12.9
DGT SPDR Global Dow ETF 1.0 50 9 7.3 -9.6
TRFM AAM Transformers ETF 0.9 49 10 1.5 -15.4
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.9 47 12 8.5 -8.4
DTAN Sparkline International Intangible Value ETF 0.8 55 4 8.3 -8.6
FCLD Fidelity Cloud Computing ETF 0.8 39 20 3.2 -13.7
VIDI Vident International Equity Strategy ETF 0.8 61 -2 11.4 -5.5
SATO Invesco Alerian Galaxy Crypto Economy ETF 0.7 61 -2 -2.2 -19.0
FRNW Fidelity Clean Energy ETF 0.7 39 20 3.9 -13.0
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.7 79 -20 5.1 -11.7
DTEC ALPS Disruptive Technologies ETF 0.7 50 9 3.8 -13.1
CTEC Global X CleanTech ETF 0.7 50 9 2.5 -14.4
PBD Invesco Global Clean Energy ETF 0.7 75 -16 0.5 -16.3
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 0.7 44 15 11.0 -5.9
ION ProShares S&P Global Core Battery Metals ETF 0.7 58 1 11.2 -5.6
BOTT Themes Robotics & Automation ETF 0.7 35 24 4.7 -12.2
IXN iShares Global Tech ETF 0.7 41 18 3.8 -13.1
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.7 65 -6 7.4 -9.5
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.6 65 -6 11.7 -5.2
JPIN J.P. Morgan Diversified Return International Equity ETF 0.6 37 22 8.7 -8.2
CNXT VanEck ChiNext ETF 0.6 65 -6 5.9 -11.0
DMAT Global X Disruptive Materials ETF 0.6 59 0 9.1 -7.8
GLOF iShares Global Equity Factor ETF 0.6 20 39 6.7 -10.1
APIE ActivePassive International Equity ETF 0.6 45 14 7.5 -9.4
JSTC Adasina Social Justice All Cap Global ETF 0.6 89 -30 4.8 -12.1
IGPT Invesco AI and Next Gen Software ETF 0.5 60 -1 4.1 -12.8
ERTH Invesco MSCI Sustainable Future ETF 0.5 62 -3 3.6 -13.3
INTF iShares International Equity Factor ETF 0.4 15 44 8.0 -8.9
FBCG Fidelity Blue Chip Growth ETF 0.4 59 0 2.9 -14.0
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.4 65 -6 2.2 -14.7
QQQ Invesco QQQ Trust Series I 0.4 20 39 4.1 -12.8
QQWZ Pacer Cash COWZ 100-Nasdaq100 Rotator ETF 0.4 49 10 4.2 -12.6
QQQM Invesco NASDAQ 100 ETF 0.4 15 44 4.1 -12.8
VCLN Virtus Duff & Phelps Clean Energy ETF 0.4 59 0 5.5 -11.4
CCNR ALPS CoreCommodity Natural Resources ETF 0.3 39 20 11.6 -5.2
GCOW Pacer Global Cash Cows Dividend ETF 0.3 60 -1 11.0 -5.8
ONEQ Fidelity Nasdaq Composite Index ETF 0.3 21 38 3.8 -13.1
SPYA Twin Oak Endure ETF 0.3 80 -21 -2.2 -19.0
ROBO ROBO Global Robotics & Automation Index ETF 0.3 95 -36 3.5 -13.4
FBOT Fidelity Disruptive Automation ETF 0.3 50 9 3.7 -13.2
LIMI Themes Lithium & Battery Metal Miners ETF 0.3 35 24 7.6 -9.3
VYMI Vanguard International High Dividend Yield ETF 0.3 17 42 9.9 -7.0
HAP VanEck Natural Resources ETF 0.3 50 9 9.7 -7.2
CLNR IQ Cleaner Transport ETF 0.3 45 14 6.6 -10.3
QQMG Invesco ESG NASDAQ 100 ETF 0.2 20 39 4.1 -12.8
ACWV iShares MSCI Global Min Vol Factor ETF 0.2 20 39 6.0 -10.9
IGRO iShares International Dividend Growth ETF 0.2 15 44 7.3 -9.6
PNQI Invesco NASDAQ Internet ETF 0.2 60 -1 3.2 -13.7
DEM WisdomTree Emerging Markets High Dividend Fund 0.2 63 -4 13.2 -3.7
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.2 58 1 9.7 -7.2
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.2 49 10 7.0 -9.9
VPL Vanguard FTSE Pacific ETF 0.1 7 52 7.3 -9.6
HFXI IQ FTSE International Equity Currency Neutral ETF 0.1 20 39 7.3 -9.6
KOMP SPDR S&P Kensho New Economies Composite ETF 0.1 20 39 2.7 -14.2
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.1 24 35 7.6 -9.3
ADIV SmartETFs Asia Pacific Dividend Builder ETF 0.1 78 -19 9.3 -7.6
FNDC Schwab Fundamental International Small Co. Index ETF 0.1 39 20 5.9 -11.0
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.1 45 14 9.0 -7.9
SDEM Global X MSCI SuperDividend Emerging Markets ETF 0.1 67 -8 13.9 -3.0
SCHF Schwab International Equity ETF 0.1 6 53 7.5 -9.4
VIGI Vanguard International Dividend Appreciation ETF 0.1 10 49 6.3 -10.6
VEA Vanguard FTSE Developed Markets ETF 0.1 3 56 7.4 -9.5
BKIE BNY Mellon International Equity ETF 0.0 4 55 7.2 -9.7
GSID Goldman Sachs MarketBeta International Equity ETF 0.0 20 39 7.1 -9.8
DEW WisdomTree Global High Dividend Fund 0.0 58 1 8.7 -8.2
FNDF Schwab Fundamental International Large Co. Index ETF 0.0 25 34 9.7 -7.2
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 56 7.3 -9.6

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

  2020 2021 2022 2023 2024 2025E 2026E
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
  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 24.0 %
Divided by: Fwd. P/BV 1.4 x
Less: Expense ratio 59 bp
Equals: ALTAR Score 16.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.45 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.