iShares MSCI Canada ETF
ALTAR
Score™		 5.2% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 20.5x P/Sales
ratio		 2.6x
P/BV
ratio		 2.6x Div.
yield		 2.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares MSCI Canada Index fund seeks investment results that correspond to the price and yield performance of the MSCI Canada Index. The index consists primarily of large cap stocks traded in the Canadian market.

FUND BASICS
Category International Equities
Fund Sponsor Barclays Global Investors
Website www.ishares.com
Inception date Mar 12, 1996
Assets (mns) $6,753
Currency USD
Expense ratio 50 bp
Distributions Semi-annual

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 84
Wgt avg mkt cap (mns) $73,374
Large cap (>$10bn) 91.4%
Mid cap ($2-10bn) 8.4%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ROYAL BANK OF CANADA 9.1 %
TORONTO-DOMINION BANK 6.3 %
SHOPIFY, INC. CLASS A 5.5 %
BANK OF MONTREAL 3.7 %
BANK OF NOVA SCOTIA 3.6 %
ENBRIDGE INC 3.4 %
CAN IMPERIAL BK OF COMMERCE 3.3 %
CANADIAN NATURAL RESOURCES 3.3 %
AGNICO-EAGLE MINES LTD 3.3 %
CANADIAN PACIFIC KANSAS CITY 2.5 %
Total 44.0 %

TOP COUNTRY EXPOSURE
CANADA 90.5 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru September 30)
Year-to-date 1 year 5 years 10 years Since Incep.
8.8% 17.1% 12.2% 10.8% 8.9%

Market Correlations
versus... Beta R-squared
S&P500 0.76 46%
MSCI EAFE 0.68 54%
MSCI Emg. Mkts. 0.33 33%

Technical Indicators
Recent close $58.72
30d moving avg. $59.72
Annualized volatility 15.7%
Short interest (ETF) 2.4%
Relative strength (RSI) 66

Liquidity measures
Avg. volume (thou.) 1,887
Turnover 1.6%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $5,647

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 369 potential alternatives to the iShares MSCI Canada ETF ETF based on the alternatives' overlap in portfolio holdings with EWC. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EWC Expense: 50 bp ALTAR Score™: 5.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EWC
Ticker Fund
Name		 Overlap1
vs EWC
(%)		 Expense
ratio
(bp)		 Savings
vs EWC
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EWC
(%)
BBCA JPMorgan BetaBuilders Canada ETF 72.0 19 31 5.5 +0.3
VIGI Vanguard International Dividend Appreciation ETF 19.0 10 40 6.1 +0.9
NANR SPDR S&P North American Natural Resources ETF 18.4 35 15 6.2 +1.0
IMTM iShares MSCI Intl Momentum Factor ETF 17.5 30 20 4.7 -0.5
PID Invesco International Dividend Achievers ETF 16.0 53 -3 4.5 -0.7
FTWO Strive FAANG 2.0 ETF 15.4 49 1 4.0 -1.2
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 14.7 32 18 5.5 +0.3
IDMO Invesco S&P International Developed Momentum ETF 14.1 25 25 5.1 -0.1
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 13.6 12 38 5.4 +0.2
GNR SPDR S&P Global Natural Resources ETF 13.3 40 10 8.3 +3.2
IXC iShares Global Energy ETF 13.2 44 6 7.0 +1.8
RODM Hartford Multifactor Developed Markets (ex-US) ETF 12.8 29 21 7.1 +2.0
IGRO iShares International Dividend Growth ETF 12.3 15 35 6.8 +1.7
IDLV Invesco S&P International Developed Low Volatility ETF 11.5 25 25 6.6 +1.4
LVHI Franklin International Low Volatility High Dividend Index ET 11.5 40 10 7.5 +2.4
STXI Strive International Developed Markets ETF 11.0 29 21 6.4 +1.2
MXI iShares Global Materials ETF 11.0 41 9 6.1 +1.0
FICS First Trust International Developed Capital Strength ETF 9.9 70 -20 7.1 +1.9
SGDM Sprott Gold Miners ETF 9.6 50 0 2.9 -2.3
IDEV iShares Core MSCI International Developed Markets ETF 9.5 4 46 6.1 +0.9
GSIE Goldman Sachs ActiveBeta International Equity ETF 9.5 25 25 6.2 +1.0
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 9.4 46 4 7.8 +2.7
SCHF Schwab International Equity ETF 9.2 6 44 5.9 +0.8
FRGN Horizon International Equity ETF 9.1 75 -25 7.9 +2.7
BKIE BNY Mellon International Equity ETF 9.1 4 46 18.1 +13.0
VYMI Vanguard International High Dividend Yield ETF 8.7 17 33 8.0 +2.9
VEA Vanguard FTSE Developed Markets ETF 8.6 3 47 5.9 +0.8
FID First Trust S&P International Dividend Aristocrats ETF 8.6 60 -10 7.8 +2.6
AVIV Avantis International Large Cap Value ETF 8.5 25 25 7.0 +1.8
SPDW SPDR Portfolio Developed World ex-US ETF 8.5 3 47 5.8 +0.7
RING iShares MSCI Global Gold Miners ETF 8.4 39 11 3.5 -1.7
TPIF Timothy Plan International ETF 8.4 62 -12 5.7 +0.5
DSTX Distillate International Fundamental Stability & Value ETF 8.3 55 -5 6.7 +1.6
IQLT iShares MSCI Intl Quality Factor ETF 8.3 30 20 5.5 +0.3
AVSD Avantis Responsible International Equity ETF 8.1 23 27 6.0 +0.8
CWI SPDR MSCI ACWI ex-US ETF 8.0 30 20 6.4 +1.3
ICOW Pacer Developed Markets International Cash Cows 100 ETF 8.0 65 -15 8.3 +3.1
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 8.0 46 4 5.7 +0.5
FIDI Fidelity International High Dividend ETF 7.9 18 32 7.4 +2.2
ACWX iShares MSCI ACWI ex U.S. ETF 7.5 34 16 6.4 +1.2
SLVP iShares MSCI Global Silver Miners ETF 7.5 39 11 4.2 -0.9
FNDF Schwab Fundamental International Large Co. Index ETF 7.5 25 25 7.4 +2.2
FIVA Fidelity International Value Factor ETF 7.4 18 32 7.4 +2.2
WDIV SPDR S&P Global Dividend ETF 7.1 40 10 9.2 +4.0
FEOE First Eagle Overseas Equity ETF 7.0 79 -29 6.2 +1.1
AVDE Avantis International Equity ETF 6.9 23 27 6.3 +1.1
VEU Vanguard FTSE All-World ex-US Index Fund 6.9 4 46 6.7 +1.5
IXG iShares Global Financials ETF 6.8 42 8 6.2 +1.0
FDEV Fidelity International Multifactor ETF 6.8 18 32 7.4 +2.2
INTF iShares International Equity Factor ETF 6.7 15 35 6.5 +1.4
ENFR Alerian Energy Infrastructure ETF 6.7 35 15 4.5 -0.7
UMI USCF Midstream Energy Income Fund ETF 6.7 85 -35 4.1 -1.1
USAI Pacer American Energy Independence ETF 6.7 75 -25 3.7 -1.5
IGF iShares Global Infrastructure ETF 6.7 41 9 4.6 -0.5
GII SPDR S&P Global Infrastructure ETF 6.6 40 10 4.7 -0.5
GSIB Themes Global Systemically Important Banks ETF 6.6 35 15 8.0 +2.8
IXUS iShares Core MSCI Total International Stock ETF 6.5 7 43 6.6 +1.4
VXUS Vanguard Total International Stock ETF 6.4 5 45 6.6 +1.5
FEGE First Eagle Global Equity ETF 6.3 79 -29 6.1 +1.0
MLPI NEOS MLP & Engy Infras Hi Inc ETF 6.3 68 -18 4.6 -0.6
UMMA Wahed Dow Jones Islamic World ETF 6.3 65 -15 3.5 -1.6
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 6.2 47 3 5.3 +0.1
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 6.1 45 5 6.8 +1.6
GXUS Goldman Sachs MarketBeta Total International Equity ETF 6.0 18 32 6.4 +1.2
PIEL Pacer International Export Leaders ETF 5.9 60 -10 4.1 -1.1
BUYZ Franklin Disruptive Commerce ETF 5.8 50 0 2.6 -2.6
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 5.8 41 9 5.9 +0.7
WWJD Inspire International ETF 5.6 80 -30 6.5 +1.3
AUMI Themes Gold Miners ETF 5.5 35 15 3.3 -1.9
BWEB Bitwise Web3 ETF 5.5 85 -35 -0.1 -5.3
FDNI First Trust Dow Jones International Internet ETF 5.5 65 -15 28.0 +22.8
ARKF ARK Fintech Innovation ETF 5.5 75 -25 0.2 -5.0
DUNK Dana Unconstrained Equity ETF 5.5 75 -25 1.7 -3.4
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 5.5 39 11 7.0 +1.8
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 5.4 42 8 4.2 -1.0
VSGX Vanguard ESG International Stock ETF 5.4 10 40 6.6 +1.4
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 5.3 39 11 6.3 +1.1
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 5.2 80 -30 3.9 -1.3
KNO AXS Knowledge Leaders ETF 5.2 78 -28 4.0 -1.2
DFIV Dimensional International Value ETF 5.1 27 23 7.8 +2.7
TPYP Tortoise North American Pipeline Fund 5.0 40 10 5.2 0.0
DFAI Dimensional International Core Equity Market ETF 5.0 18 32 6.1 +0.9
ABLD Abacus FCF Real Assets Leaders ETF 5.0 69 -19 6.8 +1.7
DIHP Dimensional International High Profitability ETF 4.9 29 21 5.9 +0.7
JIVE JPMorgan International Value ETF 4.8 55 -5 8.1 +3.0
ICPY Tweedy, Browne International Insider Value ETF 4.7 80 -30 20.9 +15.8
DFSI Dimensional International Sustainability Core 1 ETF 4.6 24 26 5.7 +0.6
GLBL Pacer MSCI World Industry Advantage ETF 4.5 65 -15 3.4 -1.8
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 4.5 24 26 7.1 +1.9
LOUP Innovator Deepwater Frontier Tech ETF 4.4 70 -20 1.0 -4.2
INFL Horizon Kinetics Inflation Beneficiaries ETF 4.3 85 -35 2.9 -2.3
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 4.3 12 38 4.5 -0.7
GEW Cambria Global EW ETF 4.1 29 21 5.4 +0.3
DFIC Dimensional International Core Equity 2 ETF 4.1 23 27 6.3 +1.1
OAIM OneAscent International Equity ETF 4.0 95 -45 4.4 -0.8
ARKW ARK Next Generation Internet ETF 4.0 87 -37 0.5 -4.7
JHID John Hancock International High Dividend ETF 4.0 46 4 8.1 +2.9
OEFA ALPS O’Shares International Developed Quality Dividend ETF 3.9 48 2 4.8 -0.4
QINT American Century Quality Diversified International ETF 3.9 39 11 6.7 +1.5
DEW WisdomTree Global High Dividend Fund 3.9 58 -8 7.4 +2.2
UIVM VictoryShares International Value Momentum ETF 3.8 35 15 8.1 +2.9
PCGG Polen Capital Global Growth ETF 3.7 85 -35 4.0 -1.2
COPY Tweedy, Browne Insider + Value ETF 3.7 80 -30 14.7 +9.6
KLMN Invesco MSCI North America Climate ETF 3.7 9 41 4.3 -0.9
KOCG FIS Knights of Columbus Global Belief ETF 3.7 75 -25 4.6 -0.5
PNQI Invesco NASDAQ Internet ETF 3.6 60 -10 3.8 -1.4
AGMI Themes Silver Miners ETF 3.6 35 15 4.1 -1.1
TOGA Tremblant Global ETF 3.5 69 -19 -0.1 -5.3
NDIV Amplify Natural Resources Dividend Income ETF 3.4 59 -9 11.8 +6.6
DIVZ TrueShares Low Volatility Equity Income ETF 3.4 65 -15 6.3 +1.1
USNG Amplify Samsung U.S. Natural Gas Infrastructure ETF 3.4 59 -9 3.1 -2.1
DVGR DAC 3D Dividend Growth ETF 3.4 65 -15 5.1 -0.1
FDTX Fidelity Disruptive Technology ETF 3.4 50 0 1.4 -3.7
ARKK ARK Innovation ETF 3.4 75 -25 -2.5 -7.7
ACSI American Customer Satisfaction ETF 3.4 65 -15 4.6 -0.6
FFF Founders 100 ETF 3.3 75 -25 2.3 -2.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 3.3 20 30 4.7 -0.5
TOK iShares MSCI Kokusai ETF 3.3 26 24 4.3 -0.9
DFAX Dimensional World ex U.S. Core Equity 2 ETF 3.2 30 20 6.4 +1.2
AKAF The Frontier Economic Fund 3.2 20 30 5.6 +0.4
IVLU iShares MSCI Intl Value Factor ETF 3.1 30 20 8.1 +2.9
URTH iShares MSCI World ETF 3.1 24 26 4.3 -0.9
CGGR Capital Group Growth ETF 3.0 39 11 2.6 -2.6
LST Leuthold Select Industries ETF 2.9 91 -41 4.8 -0.4
SILJ ETFMG Prime Junior Silver Miners ETF 2.9 69 -19 0.6 -4.6
EPU iShares MSCI Peru and Global Exposure ETF 2.9 59 -9 4.3 -0.8
GOAU U.S. Global GO GOLD and Precious Metal Miners ETF 2.9 60 -10 2.3 -2.9
ABEQ Absolute Select Value ETF 2.9 85 -35 4.6 -0.6
IDV iShares International Select Dividend ETF 2.8 51 -1 9.7 +4.5
UDI USCF Dividend Income Fund 2.8 65 -15 6.8 +1.6
KOKU Xtrackers MSCI Kokusai Equity ETF 2.8 9 41 4.4 -0.8
CGXU Capital Group International Focus Equity ETF 2.8 54 -4 3.8 -1.4
GCOW Pacer Global Cash Cows Dividend ETF 2.7 60 -10 9.6 +4.5
JIG JPMorgan International Growth ETF 2.7 55 -5 3.6 -1.6
VIDI Vident International Equity Strategy ETF 2.7 61 -11 8.2 +3.1
ACWI iShares MSCI ACWI ETF 2.7 32 18 4.6 -0.5
MBOX Freedom Day Dividend ETF 2.7 39 11 6.9 +1.7
BLES Inspire Global Hope ETF 2.7 61 -11 5.9 +0.7
SWP SWP Growth & Income ETF 2.7 99 -49 4.7 -0.5
IMFL Invesco International Developed Dynamic Multifactor ETF 2.7 34 16 5.3 +0.2
QWLD SPDR MSCI World StrategicFactors ETF 2.6 30 20 5.2 +0.0
FYLD Cambria Foreign Shareholder Yield ETF 2.6 59 -9 9.9 +4.7
BEEX BeeHive ETF 2.6 84 -34 3.8 -1.4
DXIV Dimensional International Vector Equity ETF 2.6 34 16 6.7 +1.5
GINX SGI Enhanced Global Income ETF 2.6 98 -48 6.7 +1.5
NVIR Horizon Kinetics Energy and Remediation ETF 2.5 85 -35 5.4 +0.2
USSE Segall Bryant & Hamill Select Equity ETF 2.5 65 -15 3.0 -2.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 2.5 9 41 4.8 -0.4
KLMT Invesco MSCI Global Climate 500 ETF 2.4 10 40 4.9 -0.2
COPA Themes Copper Miners ETF 2.4 35 15 2.9 -2.3
COPX Global X Copper Miners ETF 2.4 65 -15 4.1 -1.1
ICOP iShares Copper and Metals Mining ETF 2.4 47 3 5.4 +0.3
PICK iShares MSCI Global Metals & Mining Producers ETF 2.4 39 11 8.3 +3.2
CBSE Clough Select Equity ETF 2.4 85 -35 0.4 -4.8
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 2.4 25 25 5.5 +0.3
VT Vanguard Total World Stock ETF 2.4 6 44 5.0 -0.2
FGD First Trust Dow Jones Global Select Dividend Index Fund 2.4 56 -6 10.0 +4.8
DIVY Sound Equity Dividend Income ETF 2.4 45 5 8.1 +2.9
IQDF FlexShares International Quality Dividend Index Fund 2.4 47 3 7.5 +2.4
CRTC Xtrackers US National Critical Technologies ETF 2.4 35 15 4.0 -1.2
GVLU Gotham 1000 Value ETF 2.3 50 0 8.3 +3.2
VNSE Natixis Vaughan Nelson Select ETF 2.3 80 -30 3.4 -1.8
DUSA Davis Select U.S. Equity ETF 2.3 61 -11 7.2 +2.0
SUPL ProShares Supply Chain Logistics ETF 2.3 58 -8 8.0 +2.8
SHPP Pacer Industrials and Logistics ETF 2.3 60 -10 6.8 +1.7
IPAV Global X Infrastructure Development ex-U.S. ETF 2.3 55 -5 6.2 +1.1
IDHQ Invesco S&P International Developed High Quality ETF 2.3 29 21 5.1 -0.1
FFOG Franklin Focused Growth ETF 2.3 61 -11 1.6 -3.6
NBDS Neuberger Berman Disrupters ETF 2.3 55 -5 0.7 -4.5
BATT Amplify Lithium & Battery Technology ETF 2.2 59 -9 2.1 -3.1
FDT First Trust Developed Markets ex-US AlphaDEX Fund 2.2 80 -30 6.8 +1.6
CCNR ALPS CoreCommodity Natural Resources ETF 2.2 39 11 8.4 +3.3
JSTC Adasina Social Justice All Cap Global ETF 2.2 89 -39 4.3 -0.8
SCHY Schwab International Dividend Equity ETF 2.1 14 36 8.8 +3.6
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 2.1 49 1 8.1 +2.9
CZAR Themes Natural Monopoly ETF 2.1 35 15 5.3 +0.2
CAML Congress Large Cap Growth ETF 2.1 66 -16 2.5 -2.7
AOTG AOT Growth and Innovation ETF 2.0 75 -25 1.1 -4.0
ISHP First Trust Nasdaq Retail ETF 2.0 60 -10 5.8 +0.6
EIPX FT Energy Income Partners Strategy ETF 1.9 95 -45 6.0 +0.8
FPXI First Trust International Equity Opportunities ETF 1.9 70 -20 4.2 -1.0
GLOF iShares Global Equity Factor ETF 1.9 20 30 5.5 +0.3
ESGG FlexShares STOXX Global ESG Select Index Fund 1.9 42 8 4.0 -1.2
CVAR Cultivar ETF 1.9 87 -37 7.0 +1.8
DINT Davis Select International ETF 1.8 55 -5 6.4 +1.3
IQM Franklin Intelligent Machines ETF 1.8 50 0 1.1 -4.0
CCSO Carbon Collective Climate Solutions US Equity ETF 1.8 35 15 1.1 -4.1
JXI iShares Global Utilities ETF 1.8 43 7 5.7 +0.6
NUKZ Range Nuclear Renaissance Index ETF 1.7 85 -35 1.7 -3.5
TNUK Tortoise Nuclear Renaissance ETF 1.7 75 -25 1.0 -4.2
EV Mast Global Battery Recycling & Production ETF 1.7 65 -15 6.4 +1.3
RCGE RockCreek Global Equality ETF 1.7 95 -45 6.3 +1.1
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.7 47 3 7.2 +2.1
TBG TBG Dividend Focus ETF 1.7 59 -9 6.5 +1.3
CGGO Capital Group Global Growth Equity ETF 1.7 47 3 4.1 -1.1
FDG American Century Focused Dynamic Growth ETF 1.6 45 5 1.9 -3.3
TMFG Motley Fool Global Opportunities ETF 1.6 85 -35 4.0 -1.2
CGDG Capital Group Dividend Growers ETF 1.6 47 3 5.4 +0.2
HGRO Hedgeye Quality Growth ETF 1.6 70 -20 3.6 -1.6
FDIG Fidelity Crypto Industry and Digital Payments ETF 1.5 39 11 -1.2 -6.4
DGT State Street SPDR Global Dow ETF 1.5 50 0 5.7 +0.6
RXI iShares Global Consumer Discretionary ETF 1.5 41 9 9.1 +3.9
KXI iShares Global Consumer Staples ETF 1.5 41 9 5.7 +0.5
SETM Sprott Energy Transition Materials ETF 1.4 65 -15 2.0 -3.1
GMET VanEck Green Metals ETF 1.4 63 -13 0.8 -4.4
ARTY iShares Future AI & Tech ETF 1.4 47 3 2.2 -3.0
AMZA InfraCap MLP ETF 1.4 164 -114 5.7 +0.5
DWX SPDR S&P International Dividend ETF 1.4 45 5 7.0 +1.8
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 1.4 55 -5 4.8 -0.4
GRNJ Fundstrat Granny Shots US Small & Mid Cap ETF 1.4 75 -25 2.0 -3.2
ARKQ ARK Autonomous Technology & Robotics ETF 1.4 75 -25 1.0 -4.2
NETZ TCW Transform Systems ETF 1.4 75 -25 1.5 -3.7
AFOS ARS Focused Opportunities Strategy ETF 1.4 45 5 2.0 -3.2
AIPO Defiance AI & Power Infrastructure ETF 1.4 69 -19 0.9 -4.3
SAGP Strategas Global Policy Opportunities ETF 1.4 65 -15 5.1 -0.1
URA Global X Uranium ETF 1.4 69 -19 1.2 -4.0
MID American Century Mid Cap Growth Impact ETF 1.4 45 5 3.0 -2.2
URAN Themes Uranium & Nuclear ETF 1.4 35 15 1.3 -3.9
AKRE Akre Focus ETF 1.4 106 -56 4.8 -0.4
RW Rainwater Equity ETF 1.4 125 -75 3.5 -1.7
DFIS Dimensional International Small Cap ETF 1.4 39 11 6.2 +1.0
CGDV Capital Group Dividend Value ETF 1.3 33 17 3.9 -1.3
FSST Fidelity Sustainable U.S. Equity ETF 1.3 59 -9 3.7 -1.5
LOGO Alpha Brands Consumption Leaders ETF 1.3 69 -19 2.8 -2.4
FBCG Fidelity Blue Chip Growth ETF 1.3 59 -9 2.2 -2.9
FNDC Schwab Fundamental International Small Co. Index ETF 1.3 39 11 6.7 +1.6
XDAT Franklin Exponential Data ETF 1.3 50 0 1.0 -4.1
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.3 49 1 6.1 +0.9
ION ProShares S&P Global Core Battery Metals ETF 1.2 58 -8 7.2 +2.0
WCLD WisdomTree Cloud Computing Fund 1.2 45 5 1.1 -4.1
AGIX KraneShares Artificial Intelligence and Technology ETF 1.2 99 -49 1.0 -4.2
ACWV iShares MSCI Global Min Vol Factor ETF 1.2 20 30 5.8 +0.6
VEGI iShares MSCI Agriculture Producers ETF 1.2 39 11 7.5 +2.4
FTAG First Trust Indxx Global Agriculture ETF 1.2 70 -20 7.3 +2.1
CHAT Roundhill Generative AI & Technology ETF 1.2 75 -25 4.0 -1.1
AIVC Amplify Bloomberg AI Value Chain ETF 1.2 59 -9 3.3 -1.9
QLV FlexShares US Quality Low Volatility Index Fund 1.2 22 28 5.0 -0.1
TOLL Tema Durable Quality ETF 1.2 75 -25 3.7 -1.5
SFYF SoFi Social 50 ETF 1.2 29 21 0.7 -4.4
GOEX Global X Gold Explorers ETF 1.1 65 -15 2.2 -3.0
WLDR Affinity World Leaders Equity ETF 1.1 67 -17 5.6 +0.4
OGIG ALPS O'Shares Global Internet Giants ETF 1.1 48 2 2.4 -2.8
CGUS Capital Group Core Equity ETF 1.1 33 17 3.6 -1.6
TRFM AAM Transformers ETF 1.0 49 1 1.0 -4.2
DISV Dimensional International Small Cap Value ETF 1.0 42 8 8.0 +2.8
GPT Intelligent Alpha Atlas ETF 1.0 69 -19 6.1 +0.9
TMAT Main Thematic Innovation ETF 1.0 164 -114 -1.9 -7.1
VRAI Virtus Real Asset Income ETF 1.0 55 -5 8.7 +3.5
FFTY Innovator IBD 50 ETF 1.0 80 -30 0.1 -5.1
IXN iShares Global Tech ETF 1.0 41 9 2.5 -2.7
DWLD Davis Select Worldwide ETF 1.0 63 -13 7.4 +2.2
BOUT Innovator IBD Breakout Opportunities ETF 1.0 81 -31 3.3 -1.9
DIVL Madison Dividend Value ETF 1.0 65 -15 5.0 -0.2
CGIE Capital Group International Equity ETF 1.0 54 -4 4.6 -0.6
IBUY Amplify Online Retail ETF 0.9 65 -15 2.5 -2.7
IWFG IQ Winslow Focused Large Cap Growth ETF 0.9 65 -15 2.2 -3.0
EXI iShares Global Industrials ETF 0.9 42 8 3.7 -1.4
AFK VanEck Africa Index ETF 0.9 98 -48 11.2 +6.1
LCLG Logan Capital Broad Innovative Growth ETF 0.9 99 -49 3.1 -2.1
MDLV Morgan Dempsey Large Cap Value ETF 0.9 58 -8 6.2 +1.0
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 0.9 60 -10 3.6 -1.6
VCLN Virtus Duff & Phelps Clean Energy ETF 0.9 59 -9 2.8 -2.4
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.8 65 -15 7.4 +2.2
CDIG City Different Investments Global Equity ETF 0.8 75 -25 -1.7 -6.8
NXTG First Trust Indxx NextG ETF 0.8 70 -20 3.4 -1.8
DIVE Dana Concentrated Dividend ETF 0.8 65 -15 6.8 +1.6
GURU Global X Guru Index ETF 0.8 75 -25 2.4 -2.7
PEJ Invesco Leisure and Entertainment ETF 0.8 58 -8 1.0 -4.2
HAP VanEck Natural Resources ETF 0.8 50 0 6.6 +1.4
SRVR Pacer Data & Infrastructure Real Estate ETF 0.8 55 -5 4.7 -0.5
GINN Goldman Sachs Innovate Equity ETF 0.8 52 -2 3.7 -1.5
IXP iShares Global Comm Services ETF 0.8 42 8 5.9 +0.8
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.8 35 15 3.4 -1.8
EINC VanEck Energy Income ETF 0.7 48 2 4.6 -0.6
EMLP First Trust North American Energy Infrastructure Fund 0.7 95 -45 5.0 -0.2
EIPI FT Energy Income Partners Enhanced Income ETF 0.7 110 -60 5.7 +0.5
AVDV Avantis International Small Cap Value ETF 0.7 36 14 7.6 +2.5
FTRI First Trust Indxx Global Natural Resources Income ETF 0.7 70 -20 6.8 +1.7
ACEP ARS Core Equity ETF 0.7 45 5 4.1 -1.1
GTEK Goldman Sachs Future Tech Leaders Equity ETF 0.7 75 -25 1.7 -3.4
DTAN Sparkline International Intangible Value ETF 0.6 55 -5 7.3 +2.1
IPKW Invesco International BuyBack Achievers ETF 0.6 55 -5 8.1 +2.9
QDEF FlexShares Quality Dividend Defensive Index Fund 0.6 37 13 5.5 +0.3
JETS U.S. Global Jets ETF 0.6 60 -10 2.7 -2.5
NATO Themes Transatlantic Defense ETF 0.6 35 15 2.1 -3.0
QQQ Invesco QQQ Trust Series I 0.6 20 30 3.2 -2.0
QQQM Invesco NASDAQ 100 ETF 0.6 15 35 3.2 -1.9
ISCF iShares International SmallCap Equity Factor ETF 0.5 23 27 7.3 +2.1
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.5 58 -8 3.6 -1.6
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 0.5 40 10 7.1 +2.0
XMLV Invesco S&P MidCap Low Volatility ETF 0.5 25 25 7.2 +2.0
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.5 15 35 6.4 +1.2
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 0.5 60 -10 5.3 +0.1
RFG Invesco S&P Midcap 400 Pure Growth ETF 0.5 35 15 4.8 -0.4
MCOW Pacer S&P MidCap 400 Quality FCF Aristocrats ETF 0.5 49 1 6.3 +1.1
RUNN Running Oak Efficient Growth ETF 0.5 58 -8 5.1 -0.1
XMMO Invesco S&P MidCap Momentum ETF 0.5 34 16 3.8 -1.4
EBIZ Global X E-Commerce ETF 0.5 50 0 5.1 -0.1
ZAP Global X U.S. Electrification ETF 0.5 50 0 3.7 -1.4
AIS VistaShares Artificial Intelligence Supercycle ETF 0.5 75 -25 0.8 -4.3
SIXL ETC 6 Meridian Low Beta Equity ETF 0.4 80 -30 6.3 +1.1
AVDS Avantis International Small Cap Equity ETF 0.4 30 20 6.0 +0.8
FVD First Trust Value Line Dividend Index Fund 0.4 65 -15 6.0 +0.8
QQMG Invesco ESG NASDAQ 100 ETF 0.4 20 30 3.1 -2.0
TCAI Tortoise AI Infrastructure ETF 0.4 65 -15 1.5 -3.7
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 0.4 35 15 6.6 +1.4
YNOT Horizon Digital Frontier ETF 0.4 75 -25 2.5 -2.7
FPWR First Trust EIP Power Solutions ETF 0.4 96 -46 4.9 -0.3
DEUS Xtrackers Russell US Multifactor ETF 0.3 17 33 6.7 +1.5
BCDF Horizon Kinetics Blockchain Development ETF 0.3 85 -35 3.9 -1.3
KBWR Invesco KBW Regional Banking ETF 0.3 35 15 8.5 +3.3
AZTD Aztlan Global Stock Selection DM SMID ETF 0.3 75 -25 4.5 -0.7
CZA Invesco Zacks Mid-Cap ETF 0.3 72 -22 6.1 +0.9
FXD First Trust Consumer Discretionary AlphaDEX Fund 0.3 61 -11 8.6 +3.4
WRND IQ Global Equity R&D Leaders ETF 0.3 18 32 4.0 -1.2
USEW Cambria US EW ETF 0.3 30 20 4.2 -1.0
AQLT iShares MSCI Global Quality Factor ETF 0.3 18 32 0.0 -5.2
JGRO JPMorgan Active Growth ETF 0.3 44 6 2.6 -2.6
ONEQ Fidelity Nasdaq Composite Index ETF 0.3 21 29 2.9 -2.3
RECS Columbia Research Enhanced Core ETF 0.3 15 35 5.2 +0.1
AIQ Global X Artificial Intelligence & Technology ETF 0.3 68 -18 2.7 -2.5
QLC FlexShares US Quality Large Cap Index Fund 0.3 25 25 4.5 -0.6
FBCV Fidelity Blue Chip Value ETF 0.3 59 -9 5.7 +0.5
LOWV AB US Low Volatility Equity ETF 0.3 48 2 4.4 -0.8
TBLU Tortoise Global Water ESG ETF 0.3 40 10 4.8 -0.4
EFRA iShares Environmental Infrastructure and Industrials ETF 0.3 47 3 5.3 +0.1
PIO Invesco Global Water ETF 0.3 75 -25 4.7 -0.5
EQAL Invesco Russell 1000 Equal Weight ETF 0.3 20 30 6.3 +1.1
EBLU Ecofin Global Water ESG Fund 0.3 40 10 4.5 -0.7
PHO Invesco Water Resources ETF 0.3 60 -10 5.2 +0.1
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.2 24 26 6.1 +0.9
BINV Brandes International ETF 0.2 70 -20 8.7 +3.5
PPA Invesco Aerospace & Defense ETF 0.2 58 -8 2.2 -3.0
AUAU Global X Gold Miners ETF 0.2 35 15 2.7 -2.5
GDXJ VanEck Junior Gold Miners ETF 0.2 52 -2 3.1 -2.1
GDX VanEck Gold Miners ETF 0.2 51 -1 3.0 -2.2
SDG iShares MSCI Global Sustainable Development Goals ETF 0.2 49 1 4.8 -0.4
RWK Invesco S&P MidCap 400 Revenue ETF 0.2 39 11 8.1 +2.9
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.2 14 36 4.2 -1.0
ACVF American Conservative Values ETF 0.2 75 -25 3.7 -1.4
ALRG Allspring LT Large Core ETF 0.2 28 22 3.5 -1.7
OCEN IQ Clean Oceans ETF 0.1 45 5 4.7 -0.5
PBW Invesco WilderHill Clean Energy ETF 0.1 66 -16 -3.4 -8.6
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.1 24 26 7.5 +2.3
ICLN iShares Global Clean Energy ETF 0.1 41 9 2.2 -3.0
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.1 15 35 5.1 -0.0
FRNW Fidelity Clean Energy ETF 0.1 39 11 2.2 -3.0
COLO Global X MSCI Colombia ETF 0.1 62 -12 14.2 +9.1
JVAL JPMorgan U.S. Value Factor ETF 0.1 12 38 6.7 +1.5
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.1 4 46 17.7 +12.5
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 8 42 6.4 +1.2
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 38 5.3 +0.1
REVS Columbia Research Enhanced Value ETF 0.1 19 31 6.5 +1.4
VSLU Applied Finance Valuation Large Cap ETF 0.1 49 1 4.9 -0.2
JAVA JPMorgan Active Value ETF 0.1 44 6 5.5 +0.3
KNCT Invesco Next Gen Connectivity ETF 0.1 40 10 2.8 -2.4
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.1 12 38 3.6 -1.6
FFSM Fidelity Fundamental Small-Mid Cap ETF 0.1 43 7 5.3 +0.1
XT iShares Exponential Technologies ETF 0.1 46 4 3.8 -1.3
MNZL Manzil Russell Halal USA Broad MarketETF 0.1 40 10 3.8 -1.4
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.1 20 30 5.7 +0.6
JMOM JPMorgan U.S. Momentum Factor ETF 0.1 12 38 3.3 -1.9
SFGV Sequoia Global Value ETF 0.0 23 27 7.2 +2.0
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.0 18 32 7.1 +1.9
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 39 4.2 -1.0
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.0 15 35 4.2 -0.9
AVMC Avantis U.S. Mid Cap Equity ETF 0.0 18 32 6.3 +1.1
EBI Longview Advantage ETF 0.0 35 15 5.9 +0.8
GWX SPDR S&P International Small Cap ETF 0.0 40 10 5.8 +0.6

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%.

Content on this tab for subscribers only**

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

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 Canada ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 13.8 %
Divided by: Fwd. P/BV 2.4 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 5.2 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.59 CATEGORY
AVERAGE		 1.64
 
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.