iShares Exponential Technologies ETF
ALTAR
Score™
4.7% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
27.4x P/Sales
ratio
2.7x
P/BV
ratio
3.6x Div.
yield
1.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares Exponential Technologies ETF holds companies from developed and emerging market countries that create or use exponential technologies as defined by Morningstar.

FUND BASICS
Category Global Equities
Fund Sponsor BlackRock
Website www.ishares.com
Inception date Mar 19, 2015
Assets (mns) $2,875
Currency USD
Expense ratio 47 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-End Investment Company
Custodian
Weighting Equal
Index replication
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 199
Wgt avg mkt cap (mns) $126,685
Large cap (>$10bn) 85.7%
Mid cap ($2-10bn) 13.3%
Small cap (<$2bn) 1.0%
Developed mkts 92.3%
Emerging mkts 7.7%

TOP TEN HOLDINGS
TESLA MOTORS INC 2.8 %
SQUARE, INC. CLASS A 1.2 %
XIAOMI CORP. CLASS B 1.0 %
ADYEN NV 1.0 %
MERCADOLIBRE INC 1.0 %
NVIDIA CORP 1.0 %
ADVANCED MICRO DEVICES 0.9 %
VESTAS WIND SYSTEMS A/S 0.8 %
ALBEMARLE CORP 0.8 %
SERVICENOW INC 0.8 %
Total 11.2 %

TOP COUNTRY EXPOSURE
UNITED STATES 56.9 %
JAPAN 6.6 %
CHINA 4.0 %
NETHERLANDS 4.0 %
SWITZERLAND 3.6 %
GERMANY 3.1 %
DENMARK 2.9 %
FRANCE 2.5 %
BRITAIN 2.3 %
IRELAND 1.7 %

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.
12.4% 21.1% 14.8% -- 13.2%

Market Correlations
versus... Beta R-squared
S&P500 0.98 94%
MSCI EAFE 1.01 84%
MSCI Emg. Mkts. 0.77 74%

Technical Indicators
Recent close $53.20
30d moving avg. $50.88
Annualized volatility 18.0%
Short interest (ETF) 0.7%
Relative strength (RSI) 57

Liquidity measures
Avg. volume (thou.) 233
Turnover 0.4%
Bid/Ask (% of price) 0.09%
ADV underlying (mns) $123,098

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 potential alternatives to the iShares Exponential Technologies ETF ETF based on the alternatives' overlap in portfolio holdings with XT. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: XT Expense: 47 bp ALTAR Score™: 4.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH XT
Ticker Fund
Name
Overlap1
vs XT
(%)
Expense
ratio
(bp)
Savings
vs XT
(bp)
ALTAR
Score™
(%)
ALTAR
vs XT
(%)
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 31.7 75 -28 4.0 -0.7
SFY SoFi Select 500 ETF 26.0 0 47 4.8 +0.1
ETHO Etho Climate Leadership U.S. ETF 25.7 47 0 4.0 -0.7
ESGV Vanguard ESG U.S. Stock ETF 25.3 12 35 4.8 +0.1
LOWC SPDR MSCI ACWI Low Carbon Target ETF 25.2 20 27 5.6 +0.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 25.1 20 27 5.6 +0.9
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 25.1 7 40 4.9 +0.1
BBUS JP Morgan Betabuilders U.S. Equity ETF 24.9 2 45 4.9 +0.2
ACWI iShares MSCI ACWI ETF 24.9 32 15 5.4 +0.7
PBUS Invesco PureBeta MSCI USA ETF 24.8 4 43 4.9 +0.1
VV Vanguard Large-Cap Index Fund 24.5 4 43 4.9 +0.1
KOKU Xtrackers MSCI Kokusai Equity ETF 24.5 9 38 5.3 +0.6
TOK iShares MSCI Kokusai ETF 24.5 25 22 5.2 +0.5
MGC Vanguard Mega Cap Index Fund 24.4 7 40 4.8 +0.1
SCHX Schwab U.S. Large-Cap ETF 24.4 3 44 4.8 +0.1
URTH iShares MSCI World ETF 24.3 24 23 5.2 +0.5
KRMA Global X Conscious Companies ETF 24.3 43 4 4.9 +0.1
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 24.3 59 -12 4.1 -0.6
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 24.3 35 12 4.3 -0.4
ESGU iShares MSCI USA ESG Optimized ETF 24.3 15 32 4.7 +0.0
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 24.2 9 38 5.3 +0.6
IWL iShares Russell Top 200 ETF 24.1 15 32 4.7 -0.1
SCHK Schwab 1000 Index ETF 24.1 5 42 4.9 +0.1
IYY iShares Dow Jones U.S. ETF 23.9 20 27 4.7 -0.0
IWB iShares Russell 1000 ETF 23.9 15 32 4.8 +0.0
IQSU IQ Candriam ESG US Equity ETF 23.9 9 38 4.8 +0.1
DYNF BlackRock U.S. Equity Factor Rotation ETF 23.6 30 17 6.1 +1.4
XOUT GraniteShares XOUT U.S. Large Cap ETF 23.6 60 -13 3.9 -0.9
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 23.6 20 27 5.0 +0.3
PBP Invesco S&P 500 BuyWrite ETF 23.6 49 -2 4.7 -0.0
HSPX Global X S&P 500 Covered Call ETF 23.6 60 -13 4.6 -0.1
BKLC BNY Mellon US Large Cap Core Equity ETF 23.6 0 47 4.8 +0.1
XYLG Global X S&P 500 Covered Call & Growth ETF 23.6 60 -13 4.7 -0.1
JHML John Hancock Multifactor Large Cap ETF 23.5 29 18 5.1 +0.4
SPXE ProShares S&P 500 Ex-Energy ETF 23.5 27 20 4.9 +0.2
VTHR Vanguard Russell 3000 Index Fund 23.5 10 37 4.7 -0.0
IVV iShares Core S&P 500 ETF 23.4 3 44 5.1 +0.4
SPY SPDR S&P 500 ETF Trust 23.4 9 38 5.0 +0.3
SPLG SPDR Portfolio Large Cap ETF 23.4 3 44 5.1 +0.4
FTC First Trust Large Cap Growth AlphaDEX Fund 23.3 61 -14 2.4 -2.3
ROUS Hartford Multifactor US Equity ETF 23.3 19 28 6.2 +1.4
VOO VANGUARD S&P 500 ETF 23.3 3 44 5.1 +0.4
SCHB Schwab U.S. Broad Market ETF 23.1 3 44 4.8 +0.0
ITOT iShares Core S&P Total U.S. Stock Market ETF 23.0 3 44 4.7 +0.0
IWV iShares Russell 3000 ETF 23.0 20 27 4.6 -0.1
SPXN ProShares S&P 500 Ex-Financials ETF 22.9 27 20 4.7 -0.1
SPTM SPDR Portfolio Total Stock Market ETF 22.7 3 44 5.1 +0.4
VTI Vanguard Total Stock Market Index Fund 22.7 3 44 4.7 0.0
VONE Vanguard Russell 1000 ETF 22.5 8 39 4.8 +0.1
VT Vanguard Total World Stock Index Fund 22.3 8 39 5.7 +1.0
RNLC Large Cap US Equity Select ETF 22.3 60 -13 5.6 +0.9
IXN iShares Global Tech ETF 22.2 46 1 4.2 -0.5
MMTM SPDR S&P 1500 Momentum Tilt ETF 22.1 12 35 4.2 -0.5
ESGG FlexShares STOXX Global ESG Impact Index Fund 22.0 42 5 4.9 +0.2
USXF iShares ESG Advanced MSCI USA ETF 21.9 10 37 4.7 -0.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 21.9 9 38 5.4 +0.7
EXT WisdomTree U.S. Total Earnings Fund 21.8 28 19 5.2 +0.5
IWF iShares Russell 1000 Growth ETF 21.7 19 28 3.7 -1.1
VOOG Vanguard S&P 500 Growth ETF 21.6 10 37 4.2 -0.6
VONG Vanguard Russell 1000 Growth Index Fund 21.4 8 39 3.8 -1.0
JHMT John Hancock Multifactor Technology ETF 21.4 40 7 4.4 -0.3
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 21.2 20 27 4.6 -0.1
SPYG SPDR Portfolio S&P 500 Growth ETF 21.2 4 43 4.2 -0.5
IVW iShares S&P 500 Growth ETF 21.2 18 29 4.1 -0.6
CATH Global X S&P 500 Catholic Values Custom ETF 21.1 29 18 4.8 +0.1
RYT Invesco S&P 500 Equal Weight Technology ETF 21.0 40 7 6.1 +1.4
IUSG iShares Core S&P US Growth ETF 21.0 4 43 4.2 -0.5
IWY iShares Russell Top 200 Growth ETF 20.9 20 27 3.8 -0.9
JQUA JPMorgan U.S. Quality Factor ETF 20.8 12 35 5.1 +0.4
VUG Vanguard Growth Index Fund 20.8 4 43 3.7 -1.0
JMOM JPMorgan U.S. Momentum Factor ETF 20.7 12 35 3.3 -1.4
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 20.7 60 -13 3.4 -1.3
QQQM Invesco NASDAQ 100 ETF 20.6 15 32 3.8 -0.9
QQQ Invesco QQQ Trust 20.6 20 27 3.8 -1.0
QYLD Global X NASDAQ 100 Covered Call ETF 20.5 60 -13 3.4 -1.3
NUSI Nationwide Risk-Managed Income ETF 20.4 68 -21 3.5 -1.2
EPS WisdomTree U.S. Earnings 500 Fund 20.2 8 39 6.0 +1.3
QWLD SPDR MSCI World StrategicFactors ETF 20.2 30 17 5.7 +1.0
DSI iShares MSCI KLD 400 Social ETF 20.1 25 22 4.8 +0.1
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 20.1 15 32 5.9 +1.2
IUS Invesco Strategic US ETF 19.9 19 28 5.8 +1.1
ESG FlexShares STOXX US ESG Impact Index Fund 19.9 32 15 4.8 +0.1
HLAL Wahed FTSE USA Shariah ETF 19.9 50 -3 4.2 -0.5
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 19.8 29 18 5.2 +0.5
QUS SPDR MSCI USA StrategicFactors ETF 19.6 15 32 5.5 +0.8
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 19.6 25 22 5.7 +1.0
MGK Vanguard Mega Cap Growth ETF 19.6 7 40 3.9 -0.8
AVUS Avantis U.S. Equity ETF 19.6 15 32 5.2 +0.5
IGM iShares Expanded Tech Sector ETF 19.5 46 1 3.6 -1.1
VEGN US Vegan Climate ETF 19.5 60 -13 4.7 +0.0
AFLG First Trust Active Factor Large Cap ETF 19.4 55 -8 4.9 +0.2
FLQL Franklin LibertyQ U.S. Equity ETF 19.3 15 32 5.9 +1.2
NULC Nuveen ESG Large-Cap ETF 19.3 20 27 4.7 -0.0
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 19.2 21 26 2.9 -1.8
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 19.0 9 38 5.5 +0.8
DGT SPDR Global Dow ETF 18.8 50 -3 6.6 +1.9
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 18.8 17 30 6.3 +1.6
FTEC Fidelity MSCI Information Technology Index ETF 18.8 8 39 4.3 -0.4
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 18.7 49 -2 3.9 -0.8

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 Exponential Technologies 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 16.9 %
Divided by: Fwd. P/BV 3.3 x
Less: Expense ratio 47 bp
Equals: ALTAR Score 4.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.48 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.