iShares MSCI World ETF
ALTAR
Score™
5.2% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
25.3x P/Sales
ratio
2.1x
P/BV
ratio
2.6x Div.
yield
1.9%


  • 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) $1,096
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 1235
Wgt avg mkt cap (mns) $304,408
Large cap (>$10bn) 93.7%
Mid cap ($2-10bn) 6.0%
Small cap (<$2bn) 0.0%
Developed mkts 99.8%
Emerging mkts 0.2%

TOP TEN HOLDINGS
APPLE INC 4.2 %
MICROSOFT CORP 3.1 %
AMAZON.COM INC 2.7 %
FACEBOOK 1.3 %
ALPHABET INC. CLASS C 1.1 %
ALPHABET INC. CLASS A 1.1 %
JOHNSON & JOHNSON 0.8 %
TESLA MOTORS INC 0.7 %
JPMORGAN CHASE & CO 0.7 %
NESTLE SA-REG 0.7 %
Total 16.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 63.2 %
JAPAN 7.8 %
BRITAIN 4.8 %
SWITZERLAND 3.4 %
FRANCE 3.2 %
CANADA 3.1 %
GERMANY 2.8 %
AUSTRALIA 2.1 %
NETHERLANDS 1.6 %
IRELAND 1.4 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-1.3% 4.5% 8.5% -- 9.6%

Market Correlations
versus... Beta R-squared
S&P500 0.94 98%
MSCI EAFE 1.00 93%
MSCI Emg. Mkts. 0.72 74%

Technical Indicators
Recent close $107.46
30d moving avg. $102.97
Annualized volatility 16.9%
Short interest (ETF) 0.3%
Relative strength (RSI) 57

Liquidity measures
Avg. volume (thou.) 63
Turnover 0.6%
Bid/Ask (% of price) 0.12%
ADV underlying (mns) $259,318

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 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™: 5.2%


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 89.4 25 -1 5.2 -0.1
KOKU Xtrackers MSCI Kokusai Equity ETF 88.2 9 15 5.3 +0.1
ACWI iShares MSCI ACWI ETF 83.4 32 -8 5.4 +0.2
LOWC SPDR MSCI ACWI Low Carbon Target ETF 77.4 20 4 5.6 +0.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 77.4 20 4 5.6 +0.4
VT Vanguard Total World Stock Index Fund 72.3 8 16 5.7 +0.4
PBUS Invesco PureBeta MSCI USA ETF 65.4 4 20 4.9 -0.4
SCHX Schwab U.S. Large-Cap ETF 65.2 3 21 4.8 -0.4
IYY iShares Dow Jones U.S. ETF 65.2 20 4 4.7 -0.5
ITOT iShares Core S&P Total U.S. Stock Market ETF 65.2 3 21 4.7 -0.5
SCHB Schwab U.S. Broad Market ETF 65.2 3 21 4.8 -0.5
VTI Vanguard Total Stock Market Index Fund 65.0 3 21 4.7 -0.5
SCHK Schwab 1000 Index ETF 65.0 5 19 4.9 -0.4
IWB iShares Russell 1000 ETF 64.9 15 9 4.8 -0.5
VTHR Vanguard Russell 3000 Index Fund 64.8 10 14 4.7 -0.5
IWV iShares Russell 3000 ETF 64.8 20 4 4.6 -0.6
VONE Vanguard Russell 1000 ETF 64.7 8 16 4.8 -0.4
BBUS JP Morgan Betabuilders U.S. Equity ETF 63.9 2 22 4.9 -0.3
VV Vanguard Large-Cap Index Fund 63.8 4 20 4.9 -0.4
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 63.2 7 17 4.9 -0.4
QWLD SPDR MSCI World StrategicFactors ETF 62.7 30 -6 5.7 +0.5
SFY SoFi Select 500 ETF 61.9 0 24 4.8 -0.4
JHML John Hancock Multifactor Large Cap ETF 61.9 29 -5 5.1 -0.1
SPTM SPDR Portfolio Total Stock Market ETF 61.3 3 21 5.1 -0.1
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 61.3 25 -1 5.7 +0.5
PBP Invesco S&P 500 BuyWrite ETF 60.8 49 -25 4.7 -0.5
SPLG SPDR Portfolio Large Cap ETF 60.8 3 21 5.1 -0.2
SPY SPDR S&P 500 ETF Trust 60.8 9 15 5.0 -0.2
IVV iShares Core S&P 500 ETF 60.8 3 21 5.1 -0.2
HSPX Global X S&P 500 Covered Call ETF 60.8 60 -36 4.6 -0.6
VOO VANGUARD S&P 500 ETF 60.8 3 21 5.1 -0.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 60.7 9 15 5.4 +0.2
XYLG Global X S&P 500 Covered Call & Growth ETF 60.6 60 -36 4.7 -0.6
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 59.8 20 4 5.0 -0.2
SPXE ProShares S&P 500 Ex-Energy ETF 59.0 27 -3 4.9 -0.3
ESGG FlexShares STOXX Global ESG Impact Index Fund 58.8 42 -18 4.9 -0.3
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 56.9 9 15 5.3 +0.1
ESGV Vanguard ESG U.S. Stock ETF 55.6 12 12 4.8 -0.5
ESGU iShares MSCI USA ESG Optimized ETF 55.6 15 9 4.7 -0.5
AVUS Avantis U.S. Equity ETF 55.1 15 9 5.2 -0.1
MGC Vanguard Mega Cap Index Fund 53.1 7 17 4.8 -0.4
EPS WisdomTree U.S. Earnings 500 Fund 53.0 8 16 6.0 +0.8
SPXN ProShares S&P 500 Ex-Financials ETF 52.6 27 -3 4.7 -0.6
CATH Global X S&P 500 Catholic Values Custom ETF 52.1 29 -5 4.8 -0.5
SPXV ProShares S&P 500 Ex-Health Care ETF 51.9 27 -3 4.7 -0.6
MMTM SPDR S&P 1500 Momentum Tilt ETF 51.5 12 12 4.2 -1.0
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 51.4 20 4 4.6 -0.6
IWL iShares Russell Top 200 ETF 51.0 15 9 4.7 -0.6
PRF Invesco FTSE RAFI US 1000 ETF 50.5 39 -15 6.2 +1.0
QUS SPDR MSCI USA StrategicFactors ETF 50.3 15 9 5.5 +0.3
BKLC BNY Mellon US Large Cap Core Equity ETF 49.9 0 24 4.8 -0.4
FNDX Schwab Fundamental U.S. Large Co. Index ETF 49.1 25 -1 6.1 +0.8
DYNF BlackRock U.S. Equity Factor Rotation ETF 49.0 30 -6 6.1 +0.9
FNDB Schwab Fundamental U.S. Broad Market Index ETF 48.8 25 -1 6.1 +0.8
VLU SPDR S&P 1500 Value Tilt ETF 46.1 12 12 6.5 +1.3
IUS Invesco Strategic US ETF 46.0 19 5 5.8 +0.6
IUSG iShares Core S&P US Growth ETF 45.9 4 20 4.2 -1.0
IQSU IQ Candriam ESG US Equity ETF 45.9 9 15 4.8 -0.4
VOOG Vanguard S&P 500 Growth ETF 45.5 10 14 4.2 -1.1
SNPE Xtrackers S&P 500 ESG ETF 45.5 10 14 4.8 -0.4
SPYG SPDR Portfolio S&P 500 Growth ETF 45.5 4 20 4.2 -1.0
IVW iShares S&P 500 Growth ETF 45.5 18 6 4.1 -1.2
EFIV SPDR S&P 500 ESG ETF 45.5 10 14 4.8 -0.4
DIVB iShares U.S. Dividend & Buyback ETF 44.9 25 -1 6.3 +1.0
RWL Invesco S&P 500 Revenue ETF 44.7 39 -15 6.6 +1.3
SPXT ProShares S&P 500 Ex-Technology ETF 43.7 27 -3 5.2 -0.0
ESG FlexShares STOXX US ESG Impact Index Fund 43.0 32 -8 4.8 -0.5
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 42.0 29 -5 5.2 +0.0
XOUT GraniteShares XOUT U.S. Large Cap ETF 41.6 60 -36 3.9 -1.4
DTD WisdomTree U.S.Total Dividend Fund 41.2 28 -4 6.3 +1.0
DLN WisdomTree U.S. LargeCap Dividend Fund 40.0 28 -4 6.1 +0.8
IWF iShares Russell 1000 Growth ETF 39.8 19 5 3.7 -1.6
OEF iShares S&P 100 ETF 39.8 20 4 4.6 -0.7
VONG Vanguard Russell 1000 Growth Index Fund 39.8 8 16 3.8 -1.5
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 39.2 9 15 5.5 +0.3
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 39.2 15 9 5.9 +0.7
EUSA iShares MSCI USA Equal Weighted ETF 38.5 15 9 5.6 +0.4
AFLG First Trust Active Factor Large Cap ETF 38.3 55 -31 4.9 -0.3
KRMA Global X Conscious Companies ETF 38.1 43 -19 4.9 -0.4
EXT WisdomTree U.S. Total Earnings Fund 37.8 28 -4 5.2 0.0
VONV Vanguard Russell 1000 Value Index Fund 37.4 8 16 6.5 +1.3
SIZE iShares MSCI USA Size Factor ETF 37.3 15 9 5.5 +0.3
IWD iShares Russell 1000 Value ETF 37.3 19 5 6.3 +1.1
VUG Vanguard Growth Index Fund 36.9 4 20 3.7 -1.5
RSP Invesco S&P 500 Equal Weight ETF 36.7 20 4 5.9 +0.7
IUSV iShares Core S&P U.S. Value ETF 35.1 4 20 6.9 +1.7
RNLC Large Cap US Equity Select ETF 34.9 60 -36 5.6 +0.3
ROUS Hartford Multifactor US Equity ETF 34.9 19 5 6.2 +0.9
SCHV Schwab U.S. Large-Cap Value ETF 34.9 4 20 6.3 +1.1
VOOV Vanguard S&P 500 Value ETF 34.8 10 14 6.8 +1.6
IVE iShares S&P 500 Value ETF 34.8 18 6 6.7 +1.5
SPYV SPDR Portfolio S&P 500 Value ETF 34.8 4 20 6.8 +1.6
CFA VictoryShares US 500 Volatility Weighted Index ETF 34.7 35 -11 5.4 +0.1
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 34.7 35 -11 5.4 +0.1
VEGN US Vegan Climate ETF 34.5 60 -36 4.7 -0.5
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 34.3 75 -51 4.0 -1.2
MXDU Nationwide Maximum Diversification US Core Equity ETF 34.3 34 -10 4.5 -0.7
IWY iShares Russell Top 200 Growth ETF 34.1 20 4 3.8 -1.4
DGRO iShares Core Dividend Growth ETF 33.8 8 16 6.3 +1.0

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:
iShares MSCI World ETF
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 13.3 %
Divided by: Fwd. P/BV 2.4 x
Less: Expense ratio 24 bp
Equals: ALTAR Score 5.2 %
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.