iShares MSCI World ETF
ALTAR
Score™
5.1% info Recommen-
dation
NEUTRAL
2021E    2022E
P/E
ratio
20.1x P/Sales
ratio
2.0x
P/BV
ratio
2.6x Div.
yield
2.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares MSCI World Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance results of the MSCI World Index.

FUND BASICS
Category Global Equities
Fund Sponsor BlackRock Funds/USA
Website www.ishares.com
Inception date Jan 10, 2012
Assets (mns) $1,120
Currency USD
Expense ratio 24 bp
Distributions Semi-Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian State Street Bank & Trust
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 1244
Wgt avg mkt cap (mns) $326,952
Large cap (>$10bn) 95.7%
Mid cap ($2-10bn) 3.9%
Small cap (<$2bn) 0.0%
Developed mkts 99.8%
Emerging mkts 0.2%

TOP TEN HOLDINGS
APPLE INC 4.0 %
MICROSOFT CORP 3.2 %
AMAZON.COM INC 2.5 %
FACEBOOK 1.2 %
ALPHABET INC. CLASS C 1.2 %
ALPHABET INC. CLASS A 1.1 %
TESLA MOTORS INC 1.0 %
JPMORGAN CHASE & CO 0.8 %
JOHNSON & JOHNSON 0.8 %
VISA INC-CLASS A SHARES 0.7 %
Total 16.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 63.4 %
JAPAN 7.8 %
BRITAIN 4.9 %
CANADA 3.3 %
SWITZERLAND 3.2 %
FRANCE 3.1 %
GERMANY 2.8 %
AUSTRALIA 2.1 %
NETHERLANDS 1.5 %
IRELAND 1.4 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
1.7% 29.6% 14.3% -- 11.4%

Market Correlations
versus... Beta R-squared
S&P500 0.96 98%
MSCI EAFE 0.95 93%
MSCI Emg. Mkts. 0.75 73%

Technical Indicators
Recent close $114.27
30d moving avg. $115.83
Annualized volatility 18.0%
Short interest (ETF) 1.1%
Relative strength (RSI) 52

Liquidity measures
Avg. volume (thou.) 119
Turnover 1.2%
Bid/Ask (% of price) 0.09%
ADV underlying (mns) $338,975

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 98 potential alternatives to the iShares MSCI World ETF ETF based on the alternatives' overlap in portfolio holdings with URTH. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: URTH Expense: 24 bp ALTAR Score™: 5.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH URTH
Ticker Fund
Name
Overlap1
vs URTH
(%)
Expense
ratio
(bp)
Savings
vs URTH
(bp)
ALTAR
Score™
(%)
ALTAR
vs URTH
(%)
TOK iShares MSCI Kokusai ETF 89.8 25 -1 5.0 -0.1
KOKU Xtrackers MSCI Kokusai Equity ETF 88.7 9 15 5.2 +0.1
ACWI iShares MSCI ACWI ETF 83.3 32 -8 5.2 +0.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 78.1 20 4 5.4 +0.3
LOWC SPDR MSCI ACWI Low Carbon Target ETF 77.1 20 4 5.4 +0.3
VT Vanguard Total World Stock ETF 72.8 8 16 5.5 +0.4
PBUS Invesco PureBeta MSCI USA ETF 65.7 4 20 4.8 -0.3
SCHK Schwab 1000 Index ETF 65.5 5 19 4.7 -0.4
IYY iShares Dow Jones U.S. ETF 65.5 20 4 4.6 -0.5
SCHB Schwab U.S. Broad Market ETF 65.5 3 21 4.6 -0.5
ITOT iShares Core S&P Total U.S. Stock Market ETF 65.5 3 21 4.6 -0.5
SCHX Schwab U.S. Large-Cap ETF 65.4 3 21 4.8 -0.3
VTI Vanguard Total Stock Market Index Fund 65.3 3 21 4.6 -0.5
IWB iShares Russell 1000 ETF 65.0 15 9 4.7 -0.4
IWV iShares Russell 3000 ETF 65.0 20 4 4.5 -0.6
VONE Vanguard Russell 1000 ETF 65.0 8 16 4.7 -0.4
VTHR Vanguard Russell 3000 Index Fund 65.0 10 14 4.6 -0.5
BBUS JP Morgan Betabuilders U.S. Equity ETF 64.2 2 22 4.8 -0.3
QWLD SPDR MSCI World StrategicFactors ETF 63.9 30 -6 5.6 +0.5
VV Vanguard Large-Cap Index Fund 63.8 4 20 4.8 -0.3
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 63.0 7 17 4.7 -0.4
DFAU Dimensional US Core Equity Market ETF 62.4 12 12 4.9 -0.2
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 62.0 25 -1 5.0 -0.1
JHML John Hancock Multifactor Large Cap ETF 62.0 29 -5 5.0 -0.1
SPTM SPDR Portfolio Total Stock Market ETF 61.8 3 21 5.0 -0.1
SFY SoFi Select 500 ETF 61.7 0 24 4.8 -0.3
SPLG SPDR Portfolio Large Cap ETF 61.2 3 21 5.0 -0.1
PBP Invesco S&P 500 BuyWrite ETF 61.2 49 -25 4.5 -0.6
SPY SPDR S&P 500 ETF Trust 61.2 9 15 4.9 -0.2
IVV iShares Core S&P 500 ETF 61.2 3 21 4.9 -0.2
XYLG Global X S&P 500 Covered Call & Growth ETF 61.2 60 -36 4.4 -0.7
VOO VANGUARD S&P 500 ETF 61.1 3 21 4.9 -0.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 59.4 9 15 5.4 +0.3
ESGG FlexShares STOXX Global ESG Impact Index Fund 59.1 42 -18 4.9 -0.2
SPXE ProShares S&P 500 Ex-Energy ETF 59.0 27 -3 4.8 -0.3
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 58.9 20 4 4.9 -0.2
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 56.4 9 15 5.1 -0.0
ESGV Vanguard ESG U.S. Stock ETF 55.5 12 12 4.7 -0.4
ESGU iShares MSCI USA ESG Optimized ETF 55.2 15 9 4.7 -0.4
XVV iShares ESG Screened S&P 500 ETF 54.5 8 16 5.0 -0.1
AVUS Avantis U.S. Equity ETF 54.5 15 9 5.1 -0.0
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 53.2 20 4 4.8 -0.3
SPXN ProShares S&P 500 Ex-Financials ETF 52.6 27 -3 4.5 -0.6
MGC Vanguard Mega Cap Index Fund 52.6 7 17 4.8 -0.3
SPXV ProShares S&P 500 Ex-Health Care ETF 52.5 27 -3 4.5 -0.6
CATH Global X S&P 500 Catholic Values Custom ETF 52.1 29 -5 4.7 -0.4
MMTM SPDR S&P 1500 Momentum Tilt ETF 51.8 12 12 4.2 -0.9
BKLC BNY Mellon US Large Cap Core Equity ETF 50.9 0 24 4.8 -0.3
EPS WisdomTree U.S. Earnings 500 Fund 50.4 8 16 6.2 +1.1
QUS SPDR MSCI USA StrategicFactors ETF 50.4 15 9 5.5 +0.4
IWL iShares Russell Top 200 ETF 50.2 15 9 4.7 -0.4
DYNF BlackRock U.S. Equity Factor Rotation ETF 50.0 30 -6 5.5 +0.4
PRF Invesco FTSE RAFI US 1000 ETF 49.4 39 -15 5.8 +0.7
FNDX Schwab Fundamental U.S. Large Co. Index ETF 47.5 25 -1 5.7 +0.6
FNDB Schwab Fundamental U.S. Broad Market Index ETF 47.3 25 -1 5.6 +0.5
JCTR JPMorgan Carbon Transition U.S. Equity ETF 47.2 15 9 5.0 -0.1
IQSU IQ Candriam ESG US Equity ETF 46.1 9 15 4.7 -0.4
RWL Invesco S&P 500 Revenue ETF 45.7 39 -15 6.1 +1.0
DIVB iShares U.S. Dividend & Buyback ETF 45.2 25 -1 6.0 +0.9
IUS Invesco Strategic US ETF 44.8 19 5 5.3 +0.2
VLU SPDR S&P 1500 Value Tilt ETF 44.7 12 12 6.0 +0.9
SNPE Xtrackers S&P 500 ESG ETF 44.6 10 14 4.9 -0.2
EFIV SPDR S&P 500 ESG ETF 44.6 10 14 4.9 -0.2
ACVF American Conservative Values ETF 43.9 75 -51 4.4 -0.8
SPXT ProShares S&P 500 Ex-Technology ETF 43.8 27 -3 5.1 0.0
ESG FlexShares STOXX US ESG Impact Index Fund 43.5 32 -8 4.8 -0.3
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 42.3 30 -6 5.2 +0.1
IUSG iShares Core S&P US Growth ETF 41.8 4 20 4.0 -1.1
IVW iShares S&P 500 Growth ETF 41.3 18 6 3.9 -1.2
SPYG SPDR Portfolio S&P 500 Growth ETF 41.3 4 20 4.0 -1.1
VOOG Vanguard S&P 500 Growth ETF 41.3 10 14 4.0 -1.2
VOOV Vanguard S&P 500 Value ETF 40.1 10 14 6.3 +1.2
OEF iShares S&P 100 ETF 40.0 20 4 4.6 -0.6
IUSV iShares Core S&P U.S. Value ETF 40.0 4 20 6.4 +1.3
SPYV SPDR Portfolio S&P 500 Value ETF 39.9 4 20 6.3 +1.2
IVE iShares S&P 500 Value ETF 39.9 18 6 6.2 +1.1
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 39.9 9 15 5.2 +0.1
XOUT GraniteShares XOUT U.S. Large Cap ETF 39.7 60 -36 3.7 -1.4
IWF iShares Russell 1000 Growth ETF 39.4 19 5 3.7 -1.4
EUSA iShares MSCI USA Equal Weighted ETF 39.4 15 9 5.1 +0.0
VONG Vanguard Russell 1000 Growth Index Fund 39.3 8 16 3.8 -1.3
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 38.4 15 9 0.0 -5.1
SIZE iShares MSCI USA Size Factor ETF 38.4 15 9 5.1 +0.0
VONV Vanguard Russell 1000 Value Index Fund 37.7 8 16 6.1 +1.0
RESP WisdomTree US ESG Fund of Benef Interest 37.6 28 -4 5.5 +0.4
DTD WisdomTree U.S.Total Dividend Fund 37.5 28 -4 6.5 +1.4
DLN WisdomTree U.S. LargeCap Dividend Fund 37.5 28 -4 6.4 +1.3
IWD iShares Russell 1000 Value ETF 37.3 19 5 6.0 +0.9
KRMA Global X Conscious Companies ETF 37.3 43 -19 5.1 +0.0
RSP Invesco S&P 500 Equal Weight ETF 37.2 20 4 5.4 +0.3
WOMN Impact Shares YWCA Women's Empowerment ETF 37.1 75 -51 4.5 -0.6
AFLG First Trust Active Factor Large Cap ETF 36.5 55 -31 4.9 -0.2
VUG Vanguard Growth Index Fund 36.5 4 20 3.6 -1.5
HIPR Direxion High Growth ETF 36.1 40 -16 4.2 -0.9
NACP Impact Shares NAACP Minority Empowerment ETF 35.0 49 -25 4.6 -0.5
SCHV Schwab U.S. Large-Cap Value ETF 35.0 4 20 6.2 +1.1
CFA VictoryShares US 500 Volatility Weighted Index ETF 34.8 35 -11 5.3 +0.2
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 34.8 35 -11 5.2 +0.1

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

  2016 2017 2018 2019 2020 2021E 2022E
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
  2020 2021E 2022E
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 World ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 13.5 %
Divided by: Fwd. P/BV 2.5 x
Less: Expense ratio 24 bp
Equals: ALTAR Score 5.1 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.47 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.