iShares MSCI Brazil ETF
ALTAR
Score™		 10.6% info Recommen-
dation		 OVERWEIGHT
2025E    2026E
P/E
ratio		 10.7x P/Sales
ratio		 1.2x
P/BV
ratio		 1.5x Div.
yield		 4.5%


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

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Barclays Global Investors
Website www.ishares.com
Inception date Jul 10, 2000
Assets (mns) $9,136
Currency USD
Expense ratio 58 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 46
Wgt avg mkt cap (mns) $28,645
Large cap (>$10bn) 66.2%
Mid cap ($2-10bn) 24.4%
Small cap (<$2bn) 0.0%
Developed mkts 9.8%
Emerging mkts 90.3%

TOP TEN HOLDINGS
VALE SA 9.9 %
NU HOLDINGS LTD. CLASS A 9.1 %
ITAU UNIBANCO HOLDING SA 8.3 %
PETROBRAS - PETROLEO BRAS-PR 6.7 %
PETROBRAS - PETROLEO BRAS 6.4 %
BANCO BRADESCO SA-PREF 3.7 %
BM&FBOVESPA SA 3.3 %
AXIA ENERGIA 3.1 %
WEG SA 3.1 %
AMBEV-SA 3.0 %
Total 56.5 %

TOP COUNTRY EXPOSURE
BRAZIL 83.7 %
CAYMAN ISLANDS 9.2 %
UNITED STATES 1.4 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru July 31)
Year-to-date 1 year 5 years 10 years Since Incep.
16.5% 44.2% 7.7% 6.3% 6.5%

Market Correlations
versus... Beta R-squared
S&P500 1.02 27%
MSCI EAFE 1.03 42%
MSCI Emg. Mkts. 0.60 34%

Technical Indicators
Recent close $36.09
30d moving avg. $35.18
Annualized volatility 24.4%
Short interest (ETF) 24.7%
Relative strength (RSI) 54

Liquidity measures
Avg. volume (thou.) 16,826
Turnover 6.7%
Bid/Ask (% of price) 0.03%
ADV underlying (mns) $1,818

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 264 potential alternatives to the iShares MSCI Brazil ETF ETF based on the alternatives' overlap in portfolio holdings with EWZ. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EWZ Expense: 58 bp ALTAR Score™: 10.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EWZ
Ticker Fund
Name		 Overlap1
vs EWZ
(%)		 Expense
ratio
(bp)		 Savings
vs EWZ
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EWZ
(%)
FLLA Franklin FTSE Latin America ETF 45.5 19 39 10.6 -0.0
FLN First Trust Latin America AlphaDEX Fund 28.9 80 -22 9.9 -0.8
BRAZ Global X Brazil Active ETF 28.5 75 -17 10.2 -0.4
ILF iShares Latin America 40 ETF 22.4 48 10 9.5 -1.1
JIVE JPMorgan International Value ETF 17.4 55 3 7.9 -2.7
FTHF First Trust Emerging Markets Human Flourishing ETF 13.8 75 -17 5.8 -4.9
DVYE iShares Emerging Markets Dividend ETF 12.5 49 9 17.6 +6.9
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 12.3 39 19 13.3 +2.7
BKF iShares MSCI BIC ETF 10.8 69 -11 14.4 +3.7
EMDM First Trust Bloomberg Emerging Market Democracies ETF 10.7 75 -17 6.3 -4.3
PXH Invesco FTSE RAFI Emerging Markets ETF 10.2 49 9 13.1 +2.5
SDEM Global X MSCI SuperDividend Emerging Markets ETF 9.8 67 -9 12.2 +1.6
ECOW Pacer Emerging Markets Cash Cows 100 ETF 9.0 70 -12 9.2 -1.4
FEM First Trust Emerging Markets AlphaDEX Fund 7.5 80 -22 8.8 -1.8
EELV Invesco S&P Emerging Markets Low Volatility ETF 7.4 29 29 8.7 -2.0
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 7.2 86 -28 0.2 -10.5
RNEM First Trust Emerging Markets Equity Select ETF 7.2 75 -17 7.7 -2.9
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 6.8 44 14 9.3 -1.4
OTGL OTG Latin America ETF 6.5 269 -211 7.6 -3.0
EDOG ALPS Emerging Sector Dividend Dogs ETF 6.4 60 -2 10.5 -0.1
FRDM Freedom 100 Emerging Markets ETF 6.4 49 9 5.4 -5.3
JADE JPMorgan Active Developing Markets Equity ETF 6.3 65 -7 5.9 -4.7
GVAL Cambria Global Value ETF 6.2 68 -10 8.3 -2.3
EMMF WisdomTree Emerging Markets Multifactor Fund 6.1 48 10 8.6 -2.1
EEMO Invesco S&P Emerging Markets Momentum ETF 5.8 29 29 6.8 -3.9
VEXC Vanguard Emerging Markets Ex-China ETF 5.4 7 51 5.6 -5.0
UEVM VictoryShares Emerging Markets Value Momentum ETF 5.4 45 13 9.4 -1.2
XC WisdomTree Emerging Markets Ex-China Fund 5.3 32 26 6.3 -4.3
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 5.3 86 -28 12.3 +1.7
XCNY SPDR S&P Emerging Markets ex-China ETF 5.1 15 43 5.6 -5.0
EDIV SPDR S&P Emerging Markets Dividend ETF 5.1 49 9 8.8 -1.8
EMXC iShares MSCI Emerging Markets ex China ETF 4.9 25 33 5.1 -5.5
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 4.9 24 34 5.2 -5.5
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 4.8 50 8 8.2 -2.4
SDIV Global X Superdividend ETF 4.4 58 0 13.6 +3.0
STXE Strive Emerging Markets Ex-China ETF 4.3 32 26 5.2 -5.4
JHEM John Hancock Multifactor Emerging Markets ETF 4.2 49 9 7.5 -3.2
EVLU iShares MSCI Emerging Markets Value Factor ETF 4.1 35 23 9.9 -0.7
EMXF iShares ESG Advanced MSCI EM ETF 4.0 16 42 6.6 -4.1
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 3.9 69 -11 7.6 -3.1
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 3.9 40 18 6.2 -4.5
EEM iShares MSCI Emerging Markets ETF 3.9 69 -11 7.8 -2.9
PICK iShares MSCI Global Metals & Mining Producers ETF 3.8 39 19 8.1 -2.6
SCHE Schwab Emerging Markets Equity ETF 3.7 11 47 9.3 -1.4
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 3.7 60 -2 6.4 -4.2
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 3.7 95 -37 9.7 -1.0
RNRG Global X Renewable Energy Producers ETF 3.6 66 -8 4.8 -5.9
ICLN iShares Global Clean Energy ETF 3.6 41 17 2.0 -8.6
LOUP Innovator Deepwater Frontier Tech ETF 3.5 70 -12 0.9 -9.7
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 3.5 30 28 7.9 -2.7
DEM WisdomTree Emerging Markets High Dividend Fund 3.5 63 -5 10.2 -0.5
IEMG iShares Core MSCI Emerging Markets ETF 3.4 9 49 8.2 -2.5
VWO Vanguard FTSE Emerging Markets ETF 3.4 7 51 9.0 -1.6
LDEM iShares ESG MSCI EM Leaders ETF 3.4 17 41 12.5 +1.9
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 3.3 32 26 4.7 -5.9
AOTG AOT Growth and Innovation ETF 3.3 75 -17 1.2 -9.5
ECON Columbia Emerging Markets Consumer ETF 3.3 49 9 6.6 -4.1
NEWZ StockSnips AI-Powered Sentiment US All Cap ETF 3.3 65 -7 5.0 -5.6
BKEM BNY Mellon Emerging Markets Equity ETF 3.2 11 47 24.0 +13.4
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 3.2 66 -8 7.3 -3.3
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 3.1 36 22 7.5 -3.1
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 3.1 46 12 7.9 -2.8
EMGF iShares Emerging Markets Equity Factor ETF 3.1 25 33 8.9 -1.7
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 3.0 45 13 8.0 -2.6
ESGE iShares ESG Aware MSCI EM ETF 3.0 25 33 8.2 -2.4
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 2.9 88 -30 8.4 -2.2
DSTX Distillate International Fundamental Stability & Value ETF 2.9 55 3 6.3 -4.4
FDEM Fidelity Emerging Markets Multifactor ETF 2.9 25 33 10.4 -0.3
NUEM Nuveen ESG Emerging Markets Equity ETF 2.8 36 22 5.9 -4.7
BLOK Amplify Transformational Data Sharing ETF 2.8 75 -17 -0.1 -10.8
PIO Invesco Global Water ETF 2.8 75 -17 4.3 -6.4
EFRA iShares Environmental Infrastructure and Industrials ETF 2.8 47 11 4.9 -5.8
CGW Invesco S&P Global Water Index ETF 2.8 57 1 4.4 -6.3
BJK VanEck Gaming ETF 2.8 65 -7 4.6 -6.1
XCEM Columbia EM Core ex-China ETF 2.8 16 42 5.0 -5.7
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 2.7 30 28 7.5 -3.2
ROAM Hartford Multifactor Emerging Markets ETF 2.7 44 14 7.5 -3.1
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 2.7 15 43 8.0 -2.7
CGXU Capital Group International Focus Equity ETF 2.6 54 4 3.7 -6.9
EYLD Cambria Emerging Shareholder Yield ETF 2.6 66 -8 9.0 -1.7
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 2.6 33 25 6.7 -3.9
BPAY BlackRock Future Financial and Technology ETF 2.5 70 -12 4.8 -5.8
VIDI Vident International Equity Strategy ETF 2.4 61 -3 8.2 -2.5
IPAV Global X Infrastructure Development ex-U.S. ETF 2.2 55 3 5.8 -4.8
IQDF FlexShares International Quality Dividend Index Fund 2.2 47 11 7.3 -3.4
EMC Global X Emerging Markets Great Consumer ETF 2.2 75 -17 7.1 -3.6
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 2.2 59 -1 8.5 -2.1
DEHP Dimensional Emerging Markets High Profitability ETF 2.2 41 17 4.8 -5.8
DFAE Dimensional Emerging Core Equity Market ETF 2.2 35 23 7.0 -3.7
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.1 47 11 7.0 -3.7
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 2.1 58 0 3.5 -7.2
OSEA Harbor International Compounders ETF 2.1 55 3 4.2 -6.4
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 2.1 15 43 8.8 -1.9
MEM Matthews Emerging Markets Equity Active ETF 2.1 79 -21 8.4 -2.2
MOTG VanEck Morningstar Global Wide Moat ETF 2.0 52 6 7.5 -3.1
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 2.0 41 17 6.9 -3.8
GVIP Goldman Sachs Hedge Industry VIP ETF 2.0 45 13 2.4 -8.3
ARKF ARK Fintech Innovation ETF 2.0 75 -17 0.3 -10.4
SPEM SPDR Portfolio Emerging Markets ETF 2.0 7 51 9.4 -1.3
VYMI Vanguard International High Dividend Yield ETF 1.9 17 41 7.7 -3.0
WOOD iShares Global Timber & Forestry ETF 1.8 42 16 10.6 +0.0
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.8 32 26 7.5 -3.2
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 1.8 90 -32 3.6 -7.0
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 1.8 25 33 6.0 -4.6
FDFF Fidelity Disruptive Finance ETF 1.8 50 8 5.0 -5.6
GPT Intelligent Alpha Atlas ETF 1.8 69 -11 6.1 -4.6
VCLN Virtus Duff & Phelps Clean Energy ETF 1.8 59 -1 2.6 -8.0
WWJD Inspire International ETF 1.7 80 -22 6.1 -4.5
DWX SPDR S&P International Dividend ETF 1.7 45 13 6.6 -4.1
SCHY Schwab International Dividend Equity ETF 1.7 14 44 8.1 -2.5
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.7 38 20 7.0 -3.6
FFF Founders 100 ETF 1.6 75 -17 2.4 -8.3
MID American Century Mid Cap Growth Impact ETF 1.6 45 13 3.0 -7.7
MOTI VanEck Morningstar International Moat ETF 1.4 58 0 9.6 -1.1
AVXC Avantis Emerging Markets Ex-China Equity ETF 1.3 33 25 6.1 -4.6
JSTC Adasina Social Justice All Cap Global ETF 1.3 89 -31 4.2 -6.5
ACWX iShares MSCI ACWI ex U.S. ETF 1.3 34 24 6.2 -4.4
GURU Global X Guru Index ETF 1.3 75 -17 2.3 -8.3
CUT Invesco MSCI Global Timber ETF 1.2 61 -3 7.7 -3.0
FRGN Horizon International Equity ETF 1.2 75 -17 7.7 -2.9
IXUS iShares Core MSCI Total International Stock ETF 1.1 7 51 6.4 -4.2
DFEV Dimensional Emerging Markets Value ETF 1.1 43 15 9.4 -1.3
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.1 18 40 6.2 -4.5
JXI iShares Global Utilities ETF 1.1 43 15 5.2 -5.4
DEXC Dimensional Emerging Markets ex China Core EquityETF 1.0 53 5 5.1 -5.5
AVES Avantis Emerging Markets Value ETF 1.0 36 22 9.0 -1.7
FEOE First Eagle Overseas Equity ETF 1.0 79 -21 5.9 -4.8
AVSE Avantis Responsible Emerging Markets Equity ETF 1.0 33 25 6.6 -4.0
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 1.0 47 11 5.0 -5.7
FXG First Trust Consumer Staples AlphaDEX Fund 1.0 63 -5 8.1 -2.6
DWLD Davis Select Worldwide ETF 1.0 63 -5 6.5 -4.1
DIV Global X SuperDividend US ETF 1.0 45 13 9.4 -1.2
DINT Davis Select International ETF 1.0 55 3 5.8 -4.9
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.0 41 17 5.8 -4.8
FXO First Trust Financials AlphaDEX Fund 0.9 62 -4 7.5 -3.2
VXUS Vanguard Total International Stock ETF 0.9 5 53 6.5 -4.2
BITQ Bitwise Crypto Industry Innovators ETF 0.9 85 -27 -2.3 -12.9
OAIM OneAscent International Equity ETF 0.9 95 -37 4.5 -6.2
FEGE First Eagle Global Equity ETF 0.9 79 -21 5.8 -4.8
VEU Vanguard FTSE All-World ex-US Index Fund 0.9 4 54 6.5 -4.1
IYF iShares U.S. Financials ETF 0.9 40 18 5.3 -5.3
AVEM Avantis Emerging Markets Equity ETF 0.8 33 25 7.0 -3.6
BLES Inspire Global Hope ETF 0.8 61 -3 5.5 -5.1
MOO VanEck Agribusiness ETF 0.7 53 5 8.9 -1.7
FDLS Inspire Fidelis Multi Factor ETF 0.7 76 -18 3.0 -7.6
ERTH Invesco MSCI Sustainable Future ETF 0.7 62 -4 3.2 -7.5
JIG JPMorgan International Growth ETF 0.7 55 3 3.6 -7.0
JOET Virtus Terranova US Quality Momentum ETF 0.7 29 29 3.7 -7.0
VSGX Vanguard ESG International Stock ETF 0.6 10 48 6.4 -4.2
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.6 30 28 6.3 -4.3
IXG iShares Global Financials ETF 0.6 42 16 5.7 -4.9
CWI SPDR MSCI ACWI ex-US ETF 0.6 30 28 6.3 -4.4
DGT State Street SPDR Global Dow ETF 0.6 50 8 5.5 -5.2
FPXI First Trust International Equity Opportunities ETF 0.6 70 -12 3.9 -6.7
SUPL ProShares Supply Chain Logistics ETF 0.6 58 0 7.5 -3.2
CGGO Capital Group Global Growth Equity ETF 0.5 47 11 3.9 -6.7
RCGE RockCreek Global Equality ETF 0.5 95 -37 5.7 -5.0
CGV Conductor Global Equity Value ETF 0.5 130 -72 7.7 -2.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.5 12 46 4.3 -6.3
ACWI iShares MSCI ACWI ETF 0.5 32 26 4.5 -6.1
CVY Invesco Zacks Multi-Asset Income ETF 0.5 106 -48 9.6 -1.1
IGRO iShares International Dividend Growth ETF 0.4 15 43 6.5 -4.2
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 0.4 15 43 7.4 -3.2
GLOF iShares Global Equity Factor ETF 0.4 20 38 5.4 -5.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.4 20 38 4.6 -6.0
AIVL WisdomTree U.S. AI Enhanced Value Fund 0.4 38 20 4.9 -5.8
CZA Invesco Zacks Mid-Cap ETF 0.4 72 -14 5.5 -5.1
VT Vanguard Total World Stock ETF 0.4 6 52 4.9 -5.8
SMLF iShares U.S. SmallCap Equity Factor ETF 0.4 15 43 4.7 -5.9
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 0.4 75 -17 5.6 -5.0
FINX Global X FinTech ETF 0.4 68 -10 2.8 -7.9
DBSC Deepwater Beachfront Small Cap ETF 0.4 85 -27 1.2 -9.5
FDIG Fidelity Crypto Industry and Digital Payments ETF 0.4 39 19 -1.2 -11.8
YNOT Horizon Digital Frontier ETF 0.3 75 -17 2.5 -8.1
WRND IQ Global Equity R&D Leaders ETF 0.3 18 40 3.9 -6.7
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.3 30 28 3.7 -7.0
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.3 42 16 4.0 -6.7
GQQQ Astoria US Quality Growth Kings ETF 0.3 35 23 3.2 -7.4
FXZ First Trust Materials AlphaDEX Fund 0.3 61 -3 6.8 -3.8
GDXJ VanEck Junior Gold Miners ETF 0.3 52 6 3.3 -7.3
GOEX Global X Gold Explorers ETF 0.3 65 -7 2.5 -8.2
GDX VanEck Gold Miners ETF 0.3 51 7 3.3 -7.3
GVLU Gotham 1000 Value ETF 0.3 50 8 7.8 -2.9
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.3 80 -22 12.4 +1.8
SGDM Sprott Gold Miners ETF 0.3 50 8 3.3 -7.4
KLMT Invesco MSCI Global Climate 500 ETF 0.3 10 48 4.8 -5.8
BSVO EA Bridgeway Omni Small-Cap Value ETF 0.3 47 11 7.1 -3.5
ACWV iShares MSCI Global Min Vol Factor ETF 0.3 20 38 5.6 -5.1
SHPP Pacer Industrials and Logistics ETF 0.3 60 -2 6.4 -4.2
AUAU Global X Gold Miners ETF 0.3 35 23 2.9 -7.7
IYM iShares U.S. Basic Materials ETF 0.2 40 18 4.5 -6.1
FLQS Franklin U.S. Small Cap Multifactor Index ETF 0.2 35 23 5.6 -5.1
SMMD iShares Russell 2500 ETF 0.2 15 43 5.2 -5.4
IPKW Invesco International BuyBack Achievers ETF 0.2 55 3 7.7 -2.9
SQLV Royce Quant Small-Cap Quality Value ETF 0.2 60 -2 7.0 -3.6
EXI iShares Global Industrials ETF 0.2 42 16 3.4 -7.2
LRGF iShares U.S. Equity Factor ETF 0.2 8 50 4.5 -6.2
IYK iShares U.S. Consumer Staples ETF 0.2 40 18 5.8 -4.8
IWY iShares Russell Top 200 Growth ETF 0.2 20 38 3.7 -7.0
USEW Cambria US EW ETF 0.2 30 28 4.0 -6.6
AQLT iShares MSCI Global Quality Factor ETF 0.2 18 40 0.0 -10.6
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.2 12 46 3.5 -7.1
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.2 20 38 5.8 -4.9
VONG Vanguard Russell 1000 Growth ETF 0.2 7 51 3.7 -7.0
IWF iShares Russell 1000 Growth ETF 0.2 19 39 14.7 +4.0
OCEN IQ Clean Oceans ETF 0.2 45 13 4.6 -6.0
STXM Strive Mid-Cap ETF 0.2 18 40 5.9 -4.7
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.2 42 16 7.8 -2.8
ONEY State Street SPDR Russell 1000 Yield Focus ETF 0.1 20 38 8.3 -2.3
IWN iShares Russell 2000 Value ETF 0.1 24 34 4.4 -6.2
VTWV Vanguard Russell 2000 Value ETF 0.1 10 48 4.6 -6.0
GINN Goldman Sachs Innovate Equity ETF 0.1 52 6 3.6 -7.1
CLNR IQ Cleaner Transport ETF 0.1 45 13 4.0 -6.7
DEW WisdomTree Global High Dividend Fund 0.1 58 0 6.9 -3.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 49 4.7 -5.9
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 49 4.0 -6.6
IWS iShares Russell Mid-Cap Value ETF 0.1 23 35 5.7 -4.9
EQAL Invesco Russell 1000 Equal Weight ETF 0.1 20 38 5.9 -4.7
IWR iShares Russell Midcap ETF 0.1 19 39 5.1 -5.5
AFSM First Trust Active Factor Small Cap ETF 0.1 75 -17 5.3 -5.4
IWV iShares Russell 3000 ETF 0.1 20 38 3.9 -6.7
IWB iShares Russell 1000 ETF 0.1 15 43 4.0 -6.6
VONE Vanguard Russell 1000 ETF 0.1 7 51 4.1 -6.5
IWL iShares Russell Top 200 ETF 0.1 15 43 3.8 -6.9
VTHR Vanguard Russell 3000 ETF 0.1 7 51 4.0 -6.6
IXJ iShares Global Healthcare ETF 0.1 42 16 6.2 -4.5
ENHU iShares Enhanced Large Cap Core Active ETF 0.1 22 36 4.0 -6.7
STXK Strive Small-Cap ETF 0.1 18 40 4.9 -5.8
INRO iShares U.S. Industry Rotation Active ETF 0.1 42 16 3.4 -7.2
VFVA Vanguard U.S. Value Factor ETF 0.1 13 45 8.6 -2.0
RSSL Global X Russell 2000 ETF 0.1 8 50 2.5 -8.1
RVRB Reverb ETF 0.1 30 28 3.6 -7.0
REVS Columbia Research Enhanced Value ETF 0.1 19 39 6.3 -4.4
IWM iShares Russell 2000 ETF 0.1 19 39 2.5 -8.2
CCNR ALPS CoreCommodity Natural Resources ETF 0.1 39 19 8.3 -2.3
VTWO Vanguard Russell 2000 ETF 0.1 7 51 2.6 -8.0
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.1 20 38 3.7 -6.9
IWP iShares Russell Mid-Cap Growth ETF 0.1 23 35 2.9 -7.8
NANR SPDR S&P North American Natural Resources ETF 0.1 35 23 6.4 -4.2
IUS Invesco RAFI Strategic US ETF 0.1 19 39 5.3 -5.4
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.1 4 54 16.4 +5.8
ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF 0.0 20 38 7.0 -3.6
VFMO Vanguard U.S. Momentum Factor ETF 0.0 13 45 1.7 -9.0
RECS Columbia Research Enhanced Core ETF 0.0 15 43 5.2 -5.5
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 37 2.9 -7.8
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.0 14 44 4.0 -6.6
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.0 20 38 0.8 -9.9
VYM Vanguard High Dividend Yield Index ETF 0.0 6 52 5.9 -4.8
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.0 39 19 3.3 -7.3
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 41 6.2 -4.5
IWD iShares Russell 1000 Value ETF 0.0 19 39 5.0 -5.6
VONV Vanguard Russell 1000 Value ETF 0.0 7 51 5.1 -5.5
DFIS Dimensional International Small Cap ETF 0.0 39 19 6.0 -4.6
STXV Strive 1000 Value ETF 0.0 18 40 6.6 -4.1
AVUS Avantis U.S. Equity ETF 0.0 15 43 4.6 -6.1
GVUS Marketbeta Russell 1000 Value Equity ETF 0.0 12 46 5.1 -5.6
IWO iShares Russell 2000 Growth ETF 0.0 24 34 0.5 -10.2
VTWG Vanguard Russell 2000 Growth ETF 0.0 10 48 0.6 -10.0
FMDE Fidelity Enhanced Mid Cap ETF 0.0 23 35 5.1 -5.5
VSLU Applied Finance Valuation Large Cap ETF 0.0 49 9 4.8 -5.9
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 13 6.6 -4.1
MNZL Manzil Russell Halal USA Broad MarketETF 0.0 40 18 3.8 -6.9
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 47 4.0 -6.6
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.0 30 28 3.6 -7.0

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

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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 Brazil 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 16.2 %
Divided by: Fwd. P/BV 1.4 x
Less: Expense ratio 58 bp
Equals: ALTAR Score 10.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.53 CATEGORY
AVERAGE		 1.52
 
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.