iShares MSCI Brazil ETF
ALTAR
Score™		 11.2% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 10.1x P/Sales
ratio		 1.1x
P/BV
ratio		 1.4x Div.
yield		 4.7%


  • 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) $9,644
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 11.4 %
NU HOLDINGS LTD. CLASS A 8.7 %
ITAU UNIBANCO HOLDING SA 8.4 %
PETROBRAS - PETROLEO BRAS-PR 7.2 %
PETROBRAS - PETROLEO BRAS 6.7 %
BM&FBOVESPA SA 3.6 %
BANCO BRADESCO SA-PREF 3.3 %
AMBEV-SA 3.2 %
WEG SA 3.0 %
CIA SANEAMENTO BASICO DE SP 2.9 %
Total 58.4 %

TOP COUNTRY EXPOSURE
BRAZIL 84.3 %
CAYMAN ISLANDS 8.7 %
UNITED STATES 1.0 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
13.0% 38.7% 6.4% 8.9% 6.4%

Market Correlations
versus... Beta R-squared
S&P500 1.08 26%
MSCI EAFE 1.04 39%
MSCI Emg. Mkts. 0.79 40%

Technical Indicators
Recent close $34.01
30d moving avg. $37.44
Annualized volatility 24.4%
Short interest (ETF) 24.7%
Relative strength (RSI) 38

Liquidity measures
Avg. volume (thou.) 27,189
Turnover 9.6%
Bid/Ask (% of price) 0.03%
ADV underlying (mns) $1,818

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 240 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™: 11.2%


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 49.6 19 39 10.9 -0.3
BRAZ Global X Brazil Active ETF 29.0 75 -17 10.8 -0.3
FLN First Trust Latin America AlphaDEX Fund 28.8 80 -22 10.4 -0.8
ILF iShares Latin America 40 ETF 22.1 48 10 10.0 -1.2
JIVE JPMorgan International Value ETF 19.5 55 3 8.4 -2.8
FTHF First Trust Emerging Markets Human Flourishing ETF 13.9 75 -17 5.8 -5.3
DVYE iShares Emerging Markets Dividend ETF 12.6 49 9 17.9 +6.8
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 12.3 39 19 13.7 +2.6
EMDM First Trust Bloomberg Emerging Market Democracies ETF 10.6 75 -17 6.4 -4.8
BKF iShares MSCI BIC ETF 10.6 69 -11 14.9 +3.7
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 9.6 86 -28 0.3 -10.8
PXH Invesco FTSE RAFI Emerging Markets ETF 9.6 49 9 13.4 +2.3
SDEM Global X MSCI SuperDividend Emerging Markets ETF 9.2 67 -9 12.8 +1.6
EELV Invesco S&P Emerging Markets Low Volatility ETF 9.0 29 29 8.9 -2.3
EMMF WisdomTree Emerging Markets Multifactor Fund 8.1 48 10 8.4 -2.7
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 8.1 44 14 9.5 -1.6
ECOW Pacer Emerging Markets Cash Cows 100 ETF 7.8 70 -12 9.5 -1.7
OTGL OTG Latin America ETF 7.1 269 -211 7.9 -3.2
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 7.1 86 -28 13.4 +2.2
RNEM First Trust Emerging Markets Equity Select ETF 7.0 75 -17 8.2 -2.9
FEM First Trust Emerging Markets AlphaDEX Fund 6.9 80 -22 9.0 -2.2
JADE JPMorgan Active Developing Markets Equity ETF 6.8 65 -7 6.1 -5.1
GVAL Cambria Global Value ETF 6.5 68 -10 9.0 -2.2
UEVM VictoryShares Emerging Markets Value Momentum ETF 6.3 45 13 9.7 -1.5
EDOG ALPS Emerging Sector Dividend Dogs ETF 6.3 60 -2 10.7 -0.4
FRDM Freedom 100 Emerging Markets ETF 6.3 49 9 5.3 -5.8
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 6.2 24 34 5.2 -5.9
XC WisdomTree Emerging Markets Ex-China Fund 6.1 32 26 6.6 -4.5
VEXC Vanguard Emerging Markets Ex-China ETF 5.3 7 51 5.7 -5.4
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 5.3 50 8 8.1 -3.1
SDIV Global X Superdividend ETF 5.3 58 0 13.8 +2.6
JHEM John Hancock Multifactor Emerging Markets ETF 5.1 49 9 7.5 -3.6
EDIV SPDR S&P Emerging Markets Dividend ETF 5.0 49 9 9.1 -2.1
XCNY SPDR S&P Emerging Markets ex-China ETF 4.9 15 43 5.7 -5.5
EMXC iShares MSCI Emerging Markets ex China ETF 4.7 25 33 5.1 -6.1
EVLU iShares MSCI Emerging Markets Value Factor ETF 4.6 35 23 10.0 -1.1
STXE Strive Emerging Markets Ex-China ETF 4.3 32 26 5.2 -6.0
ECON Columbia Emerging Markets Consumer ETF 4.1 49 9 6.6 -4.5
DEM WisdomTree Emerging Markets High Dividend Fund 4.0 63 -5 10.3 -0.9
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 4.0 66 -8 7.2 -4.0
LDEM iShares ESG MSCI EM Leaders ETF 3.9 17 41 12.9 +1.7
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 3.8 36 22 7.6 -3.5
BKEM BNY Mellon Emerging Markets Equity ETF 3.8 11 47 7.9 -3.3
PICK iShares MSCI Global Metals & Mining Producers ETF 3.8 39 19 8.0 -3.2
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 3.8 40 18 6.3 -4.9
EEM iShares MSCI Emerging Markets ETF 3.8 69 -11 7.8 -3.3
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 3.8 69 -11 7.4 -3.7
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 3.8 45 13 8.1 -3.1
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 3.7 32 26 4.8 -6.3
SCHE Schwab Emerging Markets Equity ETF 3.7 11 47 9.5 -1.6
CGXU Capital Group International Focus Equity ETF 3.6 54 4 3.8 -7.4
XCEM Columbia EM Core ex-China ETF 3.6 16 42 4.9 -6.2
ICLN iShares Global Clean Energy ETF 3.6 41 17 1.7 -9.5
ROAM Hartford Multifactor Emerging Markets ETF 3.6 44 14 7.5 -3.7
EMXF iShares ESG Advanced MSCI EM ETF 3.6 16 42 6.7 -4.4
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 3.6 60 -2 6.6 -4.6
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 3.6 95 -37 10.0 -1.1
FDEM Fidelity Emerging Markets Multifactor ETF 3.5 25 33 10.4 -0.8
NUEM Nuveen ESG Emerging Markets Equity ETF 3.4 36 22 6.1 -5.1
VWO Vanguard FTSE Emerging Markets ETF 3.4 7 51 9.2 -2.0
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 3.4 15 43 8.0 -3.2
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 3.3 46 12 7.8 -3.4
IEMG iShares Core MSCI Emerging Markets ETF 3.3 9 49 8.2 -3.0
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 3.2 33 25 6.7 -4.4
ESGE iShares ESG Aware MSCI EM ETF 3.2 25 33 8.3 -2.9
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 3.2 30 28 8.0 -3.1
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 3.2 88 -30 8.4 -2.8
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 3.2 30 28 7.6 -3.5
RNRG Global X Renewable Energy Producers ETF 3.1 66 -8 4.3 -6.9
MOTI VanEck Morningstar International Moat ETF 3.1 58 0 10.2 -0.9
EMGF iShares Emerging Markets Equity Factor ETF 3.1 25 33 8.8 -2.3
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 2.9 15 43 8.8 -2.3
AOTG AOT Growth and Innovation ETF 2.9 75 -17 1.2 -10.0
CGW Invesco S&P Global Water Index ETF 2.9 57 1 4.6 -6.5
PIO Invesco Global Water ETF 2.9 75 -17 4.5 -6.7
EFRA iShares Environmental Infrastructure and Industrials ETF 2.9 47 11 5.1 -6.1
DSTX Distillate International Fundamental Stability & Value ETF 2.8 55 3 6.7 -4.5
MEM Matthews Emerging Markets Equity Active ETF 2.7 79 -21 8.5 -2.7
BPAY BlackRock Future Financial and Technology ETF 2.7 70 -12 5.8 -5.3
EYLD Cambria Emerging Shareholder Yield ETF 2.7 66 -8 9.2 -1.9
BJK VanEck Gaming ETF 2.6 65 -7 4.5 -6.7
LOUP Innovator Deepwater Frontier Tech ETF 2.6 70 -12 0.8 -10.4
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 2.6 59 -1 8.6 -2.6
BLOK Amplify Transformational Data Sharing ETF 2.4 75 -17 -0.1 -11.3
MOTG VanEck Morningstar Global Wide Moat ETF 2.3 52 6 8.0 -3.2
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 2.3 25 33 6.2 -5.0
VIDI Vident International Equity Strategy ETF 2.2 61 -3 8.1 -3.1
VCLN Virtus Duff & Phelps Clean Energy ETF 2.2 59 -1 2.2 -9.0
EMC Global X Emerging Markets Great Consumer ETF 2.1 75 -17 7.1 -4.1
DEHP Dimensional Emerging Markets High Profitability ETF 2.1 41 17 4.8 -6.4
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 2.1 32 26 7.4 -3.7
IQDF FlexShares International Quality Dividend Index Fund 2.0 47 11 7.6 -3.6
DFAE Dimensional Emerging Core Equity Market ETF 2.0 35 23 7.0 -4.2
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.0 47 11 7.2 -3.9
FDFF Fidelity Disruptive Finance ETF 2.0 50 8 5.6 -5.5
IPAV Global X Infrastructure Development ex-U.S. ETF 2.0 55 3 5.7 -5.4
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 2.0 90 -32 3.7 -7.4
MID American Century Mid Cap Growth Impact ETF 1.9 45 13 2.9 -8.2
VYMI Vanguard International High Dividend Yield ETF 1.9 17 41 8.1 -3.1
SPEM SPDR Portfolio Emerging Markets ETF 1.9 7 51 9.5 -1.7
CUT Invesco MSCI Global Timber ETF 1.9 61 -3 8.6 -2.5
WOOD iShares Global Timber & Forestry ETF 1.9 42 16 11.7 +0.6
WWJD Inspire International ETF 1.9 80 -22 6.4 -4.8
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.8 58 0 3.4 -7.8
DWX SPDR S&P International Dividend ETF 1.8 45 13 6.8 -4.3
ARKF ARK Fintech Innovation ETF 1.7 75 -17 0.3 -10.8
GVIP Goldman Sachs Hedge Industry VIP ETF 1.7 45 13 2.4 -8.8
GPT Intelligent Alpha Atlas ETF 1.7 69 -11 6.1 -5.0
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 1.7 41 17 6.9 -4.3
SCHY Schwab International Dividend Equity ETF 1.6 14 44 8.5 -2.7
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.4 38 20 7.0 -4.2
FFF Founders 100 ETF 1.4 75 -17 2.4 -8.7
AVXC Avantis Emerging Markets Ex-China Equity ETF 1.4 33 25 6.1 -5.1
OAIM OneAscent International Equity ETF 1.4 95 -37 4.7 -6.5
AVES Avantis Emerging Markets Value ETF 1.3 36 22 8.9 -2.2
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.3 18 40 6.4 -4.8
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.3 41 17 6.0 -5.2
BITQ Bitwise Crypto Industry Innovators ETF 1.3 85 -27 -2.1 -13.3
AVSE Avantis Responsible Emerging Markets Equity ETF 1.3 33 25 6.6 -4.5
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 1.3 47 11 5.0 -6.2
ACWX iShares MSCI ACWI ex U.S. ETF 1.3 34 24 6.4 -4.8
FRGN Horizon International Equity ETF 1.2 75 -17 7.8 -3.4
JSTC Adasina Social Justice All Cap Global ETF 1.2 89 -31 4.3 -6.8
ERTH Invesco MSCI Sustainable Future ETF 1.2 62 -4 3.0 -8.1
GURU Global X Guru Index ETF 1.1 75 -17 2.4 -8.7
DFEV Dimensional Emerging Markets Value ETF 1.1 43 15 9.4 -1.7
IXUS iShares Core MSCI Total International Stock ETF 1.1 7 51 6.6 -4.6
DEXC Dimensional Emerging Markets ex China Core EquityETF 1.0 53 5 5.1 -6.1
DINT Davis Select International ETF 1.0 55 3 6.1 -5.1
DWLD Davis Select Worldwide ETF 1.0 63 -5 6.7 -4.4
DIV Global X SuperDividend US ETF 1.0 45 13 9.8 -1.4
JXI iShares Global Utilities ETF 1.0 43 15 5.2 -6.0
FEOE First Eagle Overseas Equity ETF 1.0 79 -21 6.2 -4.9
FPXI First Trust International Equity Opportunities ETF 1.0 70 -12 3.7 -7.5
AVEM Avantis Emerging Markets Equity ETF 1.0 33 25 7.0 -4.1
VXUS Vanguard Total International Stock ETF 0.9 5 53 6.7 -4.5
FDLS Inspire Fidelis Multi Factor ETF 0.9 76 -18 3.3 -7.9
BLES Inspire Global Hope ETF 0.9 61 -3 5.7 -5.4
VEU Vanguard FTSE All-World ex-US Index Fund 0.9 4 54 6.7 -4.4
FEGE First Eagle Global Equity ETF 0.8 79 -21 6.1 -5.1
IYF iShares U.S. Financials ETF 0.8 40 18 5.8 -5.4
JOET Virtus Terranova US Quality Momentum ETF 0.8 29 29 3.8 -7.4
MOO VanEck Agribusiness ETF 0.8 53 5 9.2 -2.0
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.8 20 38 7.4 -3.8
SUPL ProShares Supply Chain Logistics ETF 0.7 58 0 7.4 -3.8
IXG iShares Global Financials ETF 0.6 42 16 6.3 -4.9
VSGX Vanguard ESG International Stock ETF 0.6 10 48 6.6 -4.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.6 30 28 6.4 -4.7
DGT State Street SPDR Global Dow ETF 0.6 50 8 5.7 -5.5
JIG JPMorgan International Growth ETF 0.6 55 3 3.6 -7.5
AIVL WisdomTree U.S. AI Enhanced Value Fund 0.6 38 20 5.2 -6.0
FXO First Trust Financials AlphaDEX Fund 0.5 62 -4 8.3 -2.9
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.5 30 28 3.7 -7.5
CWI SPDR MSCI ACWI ex-US ETF 0.5 30 28 6.5 -4.6
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.5 45 13 -0.9 -12.1
EEMO Invesco S&P Emerging Markets Momentum ETF 0.5 29 29 6.6 -4.6
CGV Conductor Global Equity Value ETF 0.5 130 -72 7.7 -3.5
ACWI iShares MSCI ACWI ETF 0.5 32 26 4.6 -6.5
IGRO iShares International Dividend Growth ETF 0.4 15 43 6.8 -4.4
RCGE RockCreek Global Equality ETF 0.4 95 -37 6.2 -5.0
GLOF iShares Global Equity Factor ETF 0.4 20 38 5.6 -5.6
WRND IQ Global Equity R&D Leaders ETF 0.4 18 40 4.0 -7.2
KLMT Invesco MSCI Global Climate 500 ETF 0.4 10 48 5.0 -6.2
VT Vanguard Total World Stock ETF 0.4 6 52 5.0 -6.2
CCNR ALPS CoreCommodity Natural Resources ETF 0.4 39 19 8.1 -3.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.4 20 38 4.7 -6.4
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.3 12 46 4.4 -6.7
AQLT iShares MSCI Global Quality Factor ETF 0.3 18 40 0.0 -11.2
OCEN IQ Clean Oceans ETF 0.3 45 13 4.6 -6.6
SMLF iShares U.S. SmallCap Equity Factor ETF 0.3 15 43 4.9 -6.2
GQQQ Astoria US Quality Growth Kings ETF 0.3 35 23 3.3 -7.9
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.3 42 16 4.1 -7.1
YNOT Horizon Digital Frontier ETF 0.3 75 -17 2.5 -8.6
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.3 80 -22 12.2 +1.0
ACWV iShares MSCI Global Min Vol Factor ETF 0.3 20 38 5.7 -5.4
CGGO Capital Group Global Growth Equity ETF 0.3 47 11 4.1 -7.1
CLNR IQ Cleaner Transport ETF 0.3 45 13 3.9 -7.2
SHPP Pacer Industrials and Logistics ETF 0.3 60 -2 6.6 -4.6
FDIG Fidelity Crypto Industry and Digital Payments ETF 0.3 39 19 -1.2 -12.4
IPKW Invesco International BuyBack Achievers ETF 0.3 55 3 8.2 -3.0
DBSC Deepwater Beachfront Small Cap ETF 0.3 85 -27 1.1 -10.0
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 0.3 75 -17 6.6 -4.5
FINX Global X FinTech ETF 0.3 68 -10 3.2 -8.0
FLQS Franklin U.S. Small Cap Multifactor Index ETF 0.3 35 23 6.1 -5.0
EXI iShares Global Industrials ETF 0.2 42 16 3.6 -7.6
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.2 12 46 3.4 -7.8
LRGF iShares U.S. Equity Factor ETF 0.2 8 50 4.6 -6.6
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.2 42 16 7.6 -3.6
USEW Cambria US EW ETF 0.2 30 28 4.1 -7.0
INRO iShares U.S. Industry Rotation Active ETF 0.2 42 16 3.5 -7.6
IWO iShares Russell 2000 Growth ETF 0.2 24 34 0.5 -10.7
IWY iShares Russell Top 200 Growth ETF 0.2 20 38 3.5 -7.6
ONEY State Street SPDR Russell 1000 Yield Focus ETF 0.2 20 38 8.6 -2.6
STXM Strive Mid-Cap ETF 0.2 18 40 5.8 -5.3
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.1 39 19 3.5 -7.6
VONG Vanguard Russell 1000 Growth ETF 0.1 7 51 3.5 -7.6
IWF iShares Russell 1000 Growth ETF 0.1 19 39 14.2 +3.0
VTWG Vanguard Russell 2000 Growth ETF 0.1 10 48 0.6 -10.5
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.1 20 38 6.0 -5.2
SMMD iShares Russell 2500 ETF 0.1 15 43 5.5 -5.7
EQAL Invesco Russell 1000 Equal Weight ETF 0.1 20 38 6.1 -5.1
VFVA Vanguard U.S. Value Factor ETF 0.1 13 45 9.4 -1.8
DEW WisdomTree Global High Dividend Fund 0.1 58 0 7.2 -3.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 49 4.9 -6.3
AFSM First Trust Active Factor Small Cap ETF 0.1 75 -17 5.8 -5.4
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 49 4.1 -7.0
REVS Columbia Research Enhanced Value ETF 0.1 19 39 6.6 -4.6
IXJ iShares Global Healthcare ETF 0.1 42 16 6.3 -4.9
IWM iShares Russell 2000 ETF 0.1 19 39 2.6 -8.5
RVRB Reverb ETF 0.1 30 28 3.8 -7.4
GINN Goldman Sachs Innovate Equity ETF 0.1 52 6 3.7 -7.4
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.1 20 38 4.0 -7.1
RSSL Global X Russell 2000 ETF 0.1 8 50 2.7 -8.5
IWL iShares Russell Top 200 ETF 0.1 15 43 3.9 -7.3
ENHU iShares Enhanced Large Cap Core Active ETF 0.1 22 36 4.1 -7.1
IWV iShares Russell 3000 ETF 0.1 20 38 4.0 -7.2
VTWO Vanguard Russell 2000 ETF 0.1 7 51 2.8 -8.4
VTHR Vanguard Russell 3000 ETF 0.1 7 51 4.1 -7.0
IWB iShares Russell 1000 ETF 0.1 15 43 4.1 -7.0
VONE Vanguard Russell 1000 ETF 0.1 7 51 4.2 -7.0
VFMO Vanguard U.S. Momentum Factor ETF 0.1 13 45 1.7 -9.5
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.1 39 19 2.3 -8.9
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.1 14 44 4.1 -7.0
IUS Invesco RAFI Strategic US ETF 0.1 19 39 5.6 -5.6
IWS iShares Russell Mid-Cap Value ETF 0.1 23 35 6.0 -5.1
RECS Columbia Research Enhanced Core ETF 0.1 15 43 5.3 -5.9
IWR iShares Russell Midcap ETF 0.0 19 39 5.4 -5.8
AVUS Avantis U.S. Equity ETF 0.0 15 43 4.7 -6.4
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 41 6.4 -4.7
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 37 2.9 -8.3
VYM Vanguard High Dividend Yield Index ETF 0.0 6 52 6.0 -5.1
STXV Strive 1000 Value ETF 0.0 18 40 6.8 -4.4
FMDE Fidelity Enhanced Mid Cap ETF 0.0 23 35 5.4 -5.8
GVUS Marketbeta Russell 1000 Value Equity ETF 0.0 12 46 5.4 -5.8
IWP iShares Russell Mid-Cap Growth ETF 0.0 23 35 2.9 -8.3
VONV Vanguard Russell 1000 Value ETF 0.0 7 51 5.5 -5.7
IWD iShares Russell 1000 Value ETF 0.0 19 39 5.4 -5.8
VSLU Applied Finance Valuation Large Cap ETF 0.0 49 9 4.8 -6.3
PRF Invesco FTSE RAFI US 1000 ETF 0.0 34 24 5.6 -5.6
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.0 30 28 3.8 -7.4

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

SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

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 11.2 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

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