iShares Latin America 40 ETF
ALTAR
Score™		 9.5% info Recommen-
dation		 OVERWEIGHT
2025E    2026E
P/E
ratio		 11.7x P/Sales
ratio		 1.5x
P/BV
ratio		 1.7x Div.
yield		 3.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares S&P Latin America 40 Index fund seeks investment results that correspond to the price and yield performance of Standard & Poor's Latin America 40 Index. The index consists primarily of large cap stocks traded in the Mexican and South American equity markets.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Barclays Global Investors
Website www.ishares.com
Inception date Oct 25, 2001
Assets (mns) $3,815
Currency USD
Expense ratio 48 bp
Distributions Semi-annual

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 41
Wgt avg mkt cap (mns) $34,560
Large cap (>$10bn) 80.5%
Mid cap ($2-10bn) 8.0%
Small cap (<$2bn) 1.9%
Developed mkts 11.7%
Emerging mkts 88.3%

TOP TEN HOLDINGS
NU HOLDINGS LTD. CLASS A 8.4 %
VALE SA-SP ADR 8.0 %
ITAU UNIBANCO HLDNG-PREF ADR 6.9 %
GRUPO MEXICO S.A.B. DE C.V. CLASS 5.8 %
PETROLEO BRASILEIRO-SPON ADR 5.7 %
PETROLEO BRASILEIRO S.A.-ADR 5.4 %
GRUPO FINANCIERO BANORTE-O 4.1 %
CREDICORP LTD 4.1 %
AMERICA MOVIL B 3.6 %
FOMENTO ECONOMICO MEXICANO SAB DE 3.3 %
Total 55.4 %

TOP COUNTRY EXPOSURE
BRAZIL 47.5 %
MEXICO 22.5 %
CAYMAN ISLANDS 8.4 %
CHILE 6.5 %
PERU 4.2 %
UNITED STATES 2.3 %
LUXEMBOURG 1.4 %
COLOMBIA 1.3 %



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.
16.2% 45.6% 11.0% 7.4% 9.4%

Market Correlations
versus... Beta R-squared
S&P500 1.03 35%
MSCI EAFE 1.06 55%
MSCI Emg. Mkts. 0.62 45%

Technical Indicators
Recent close $35.08
30d moving avg. $34.22
Annualized volatility 20.8%
Short interest (ETF) 1.3%
Relative strength (RSI) 54

Liquidity measures
Avg. volume (thou.) 2,204
Turnover 2.0%
Bid/Ask (% of price) 0.03%
ADV underlying (mns) $1,162

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 367 potential alternatives to the iShares Latin America 40 ETF ETF based on the alternatives' overlap in portfolio holdings with ILF. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: ILF Expense: 48 bp ALTAR Score™: 9.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH ILF
Ticker Fund
Name		 Overlap1
vs ILF
(%)		 Expense
ratio
(bp)		 Savings
vs ILF
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs ILF
(%)
FLLA Franklin FTSE Latin America ETF 31.0 19 29 10.6 +1.1
OTGL OTG Latin America ETF 27.4 269 -221 7.6 -1.9
EWZ iShares MSCI Brazil ETF 22.4 58 -10 10.6 +1.1
EWW iShares MSCI Mexico ETF 21.1 50 -2 8.3 -1.3
FLMX Franklin FTSE Mexico ETF 21.1 19 29 8.7 -0.8
FLN First Trust Latin America AlphaDEX Fund 18.8 80 -32 9.9 +0.4
EMDM First Trust Bloomberg Emerging Market Democracies ETF 15.0 75 -27 6.3 -3.2
FLBR Franklin FTSE Brazil ETF 11.6 19 29 11.9 +2.3
ICOP iShares Copper and Metals Mining ETF 11.3 47 1 5.5 -4.0
GPT Intelligent Alpha Atlas ETF 9.7 69 -21 6.1 -3.5
XC WisdomTree Emerging Markets Ex-China Fund 9.5 32 16 6.3 -3.2
GMET VanEck Green Metals ETF 9.1 63 -15 1.2 -8.3
FTHF First Trust Emerging Markets Human Flourishing ETF 8.6 75 -27 5.8 -3.7
FRDM Freedom 100 Emerging Markets ETF 8.4 49 -1 5.4 -4.1
SLX VanEck Steel ETF 8.0 56 -8 10.0 +0.5
EPU iShares MSCI Peru and Global Exposure ETF 7.9 59 -11 4.3 -5.2
EDOG ALPS Emerging Sector Dividend Dogs ETF 7.6 60 -12 10.5 +1.0
JADE JPMorgan Active Developing Markets Equity ETF 7.5 65 -17 5.9 -3.6
MEM Matthews Emerging Markets Equity Active ETF 7.5 79 -31 8.4 -1.1
EV Mast Global Battery Recycling & Production ETF 6.9 65 -17 6.4 -3.1
ECOW Pacer Emerging Markets Cash Cows 100 ETF 6.8 70 -22 9.2 -0.3
BINV Brandes International ETF 6.6 70 -22 8.1 -1.4
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 5.6 86 -38 0.2 -9.3
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 5.3 44 4 9.3 -0.3
NDIV Amplify Natural Resources Dividend Income ETF 5.1 59 -11 11.7 +2.2
FEOE First Eagle Overseas Equity ETF 5.0 79 -31 5.9 -3.6
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 5.0 32 16 4.7 -4.8
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 4.9 33 15 6.7 -2.8
SPEM SPDR Portfolio Emerging Markets ETF 4.8 7 41 9.4 -0.2
EEMO Invesco S&P Emerging Markets Momentum ETF 4.8 29 19 6.8 -2.8
DVYE iShares Emerging Markets Dividend ETF 4.8 49 -1 17.6 +8.1
TIIV AAM Todd International Intrinsic Value ETF 4.7 54 -6 9.3 -0.2
MXI iShares Global Materials ETF 4.6 41 7 6.0 -3.5
EMC Global X Emerging Markets Great Consumer ETF 4.5 75 -27 7.1 -2.4
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 4.5 24 24 5.2 -4.3
BATT Amplify Lithium & Battery Technology ETF 4.4 59 -11 2.0 -7.5
DEM WisdomTree Emerging Markets High Dividend Fund 4.4 63 -15 10.2 +0.6
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 4.4 86 -38 12.3 +2.8
UEVM VictoryShares Emerging Markets Value Momentum ETF 4.4 45 3 9.4 -0.1
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 4.3 30 18 7.5 -2.1
XCNY SPDR S&P Emerging Markets ex-China ETF 4.3 15 33 5.6 -3.9
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 4.3 39 9 13.3 +3.8
ECH iShares MSCI Chile ETF 4.3 58 -10 7.4 -2.1
AVXC Avantis Emerging Markets Ex-China Equity ETF 4.2 33 15 6.1 -3.4
STXE Strive Emerging Markets Ex-China ETF 4.2 32 16 5.2 -4.3
OAIM OneAscent International Equity ETF 4.1 95 -47 4.5 -5.1
EMXF iShares ESG Advanced MSCI EM ETF 4.0 16 32 6.6 -3.0
ROAM Hartford Multifactor Emerging Markets ETF 3.9 44 4 7.5 -2.0
CGXU Capital Group International Focus Equity ETF 3.9 54 -6 3.7 -5.8
SETM Sprott Energy Transition Materials ETF 3.8 65 -17 1.9 -7.6
PXH Invesco FTSE RAFI Emerging Markets ETF 3.8 49 -1 13.1 +3.6
LDEM iShares ESG MSCI EM Leaders ETF 3.8 17 31 12.5 +3.0
ABLD Abacus FCF Real Assets Leaders ETF 3.8 69 -21 6.6 -2.9
SDEM Global X MSCI SuperDividend Emerging Markets ETF 3.7 67 -19 12.2 +2.7
EMXC iShares MSCI Emerging Markets ex China ETF 3.7 25 23 5.1 -4.4
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 3.6 60 -12 6.4 -3.1
LOUP Innovator Deepwater Frontier Tech ETF 3.5 70 -22 0.9 -8.6
VEXC Vanguard Emerging Markets Ex-China ETF 3.5 7 41 5.6 -3.9
FEGE First Eagle Global Equity ETF 3.4 79 -31 5.8 -3.7
PICK iShares MSCI Global Metals & Mining Producers ETF 3.4 39 9 8.1 -1.5
AVEM Avantis Emerging Markets Equity ETF 3.4 33 15 7.0 -2.5
PID Invesco International Dividend Achievers ETF 3.3 53 -5 4.0 -5.5
AOTG AOT Growth and Innovation ETF 3.3 75 -27 1.2 -8.3
NEWZ StockSnips AI-Powered Sentiment US All Cap ETF 3.3 65 -17 5.0 -4.5
BKF iShares MSCI BIC ETF 3.2 69 -21 14.4 +4.9
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 3.1 30 18 7.9 -1.6
EELV Invesco S&P Emerging Markets Low Volatility ETF 3.1 29 19 8.7 -0.8
DINT Davis Select International ETF 3.1 55 -7 5.8 -3.8
RNEM First Trust Emerging Markets Equity Select ETF 3.0 75 -27 7.7 -1.8
IPAV Global X Infrastructure Development ex-U.S. ETF 3.0 55 -7 5.8 -3.7
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 2.9 69 -21 7.6 -2.0
EEM iShares MSCI Emerging Markets ETF 2.9 69 -21 7.8 -1.7
BLOK Amplify Transformational Data Sharing ETF 2.8 75 -27 -0.1 -9.6
BJK VanEck Gaming ETF 2.8 65 -17 4.6 -5.0
DEXC Dimensional Emerging Markets ex China Core EquityETF 2.8 53 -5 5.1 -4.4
AADR AdvisorShares Dorsey Wright ADR ETF 2.8 110 -62 3.1 -6.4
AVSE Avantis Responsible Emerging Markets Equity ETF 2.7 33 15 6.6 -2.9
XCEM Columbia EM Core ex-China ETF 2.6 16 32 5.0 -4.6
JHEM John Hancock Multifactor Emerging Markets ETF 2.6 49 -1 7.5 -2.0
IEMG iShares Core MSCI Emerging Markets ETF 2.6 9 39 8.2 -1.3
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 2.5 90 -42 3.6 -5.9
BPAY BlackRock Future Financial and Technology ETF 2.5 70 -22 4.8 -4.7
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 2.5 66 -18 7.3 -2.2
APIE ActivePassive International Equity ETF 2.5 45 3 6.2 -3.3
EMMF WisdomTree Emerging Markets Multifactor Fund 2.5 48 0 8.6 -1.0
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 2.4 50 -2 8.2 -1.3
COLO Global X MSCI Colombia ETF 2.4 62 -14 14.2 +4.6
HAP VanEck Natural Resources ETF 2.4 50 -2 6.7 -2.8
VWO Vanguard FTSE Emerging Markets ETF 2.4 7 41 9.0 -0.5
SCHE Schwab Emerging Markets Equity ETF 2.4 11 37 9.3 -0.3
GNR SPDR S&P Global Natural Resources ETF 2.4 40 8 8.4 -1.1
CCSO Carbon Collective Climate Solutions US Equity ETF 2.3 35 13 0.9 -8.6
COPX Global X Copper Miners ETF 2.3 65 -17 4.2 -5.4
STRN SMART Trend 25 ETF 2.3 59 -11 2.4 -7.1
ACEP ARS Core Equity ETF 2.3 45 3 4.0 -5.6
AGMI Themes Silver Miners ETF 2.3 35 13 4.3 -5.2
COPA Themes Copper Miners ETF 2.3 35 13 3.0 -6.5
FXZ First Trust Materials AlphaDEX Fund 2.3 61 -13 6.8 -2.7
SGRT SMART Earnings Growth 30 ETF 2.3 59 -11 2.5 -7.1
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 2.3 25 23 6.0 -3.5
DFAE Dimensional Emerging Core Equity Market ETF 2.3 35 13 7.0 -2.6
ESGE iShares ESG Aware MSCI EM ETF 2.3 25 23 8.2 -1.3
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 2.2 36 12 7.5 -2.0
BKEM BNY Mellon Emerging Markets Equity ETF 2.2 11 37 24.0 +14.5
GVAL Cambria Global Value ETF 2.2 68 -20 8.3 -1.2
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 2.2 32 16 7.5 -2.1
WWJD Inspire International ETF 2.2 80 -32 6.1 -3.4
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 2.2 45 3 8.0 -1.5
TMAT Main Thematic Innovation ETF 2.2 164 -116 -1.9 -11.5
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 2.1 41 7 6.9 -2.7
OSEA Harbor International Compounders ETF 2.1 55 -7 4.2 -5.3
EDIV SPDR S&P Emerging Markets Dividend ETF 2.1 49 -1 8.8 -0.7
NUEM Nuveen ESG Emerging Markets Equity ETF 2.1 36 12 5.9 -3.6
YNOT Horizon Digital Frontier ETF 2.1 75 -27 2.5 -7.0
IXC iShares Global Energy ETF 2.1 44 4 7.4 -2.2
VIDI Vident International Equity Strategy ETF 2.1 61 -13 8.2 -1.3
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 2.1 15 33 8.0 -1.6
AVES Avantis Emerging Markets Value ETF 2.1 36 12 9.0 -0.5
CGW Invesco S&P Global Water Index ETF 2.0 57 -9 4.4 -5.1
EFRA iShares Environmental Infrastructure and Industrials ETF 2.0 47 1 4.9 -4.7
PIO Invesco Global Water ETF 2.0 75 -27 4.3 -5.3
FFND Future Fund Active ETF 2.0 100 -52 4.2 -5.4
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 2.0 49 -1 7.6 -1.9
VICE AdvisorShares Vice ETF 2.0 99 -51 5.8 -3.7
EMGF iShares Emerging Markets Equity Factor ETF 2.0 25 23 8.9 -0.6
ECON Columbia Emerging Markets Consumer ETF 2.0 49 -1 6.6 -2.9
GVIP Goldman Sachs Hedge Industry VIP ETF 2.0 45 3 2.4 -7.1
ARKF ARK Fintech Innovation ETF 2.0 75 -27 0.3 -9.3
EMM Global X Emerging Markets ex-China ETF 1.9 75 -27 4.7 -4.8
DFEV Dimensional Emerging Markets Value ETF 1.9 43 5 9.4 -0.1
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 1.9 15 33 8.8 -0.7
FEM First Trust Emerging Markets AlphaDEX Fund 1.9 80 -32 8.8 -0.7
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.9 38 10 7.0 -2.5
JHDV John Hancock U.S. High Dividend ETF 1.8 34 14 5.7 -3.8
FDFF Fidelity Disruptive Finance ETF 1.8 50 -2 5.0 -4.5
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.8 46 2 7.9 -1.7
ABLG Abacus FCF International Leaders ETF 1.7 59 -11 6.5 -3.0
RNRG Global X Renewable Energy Producers ETF 1.7 66 -18 4.8 -4.8
VCLN Virtus Duff & Phelps Clean Energy ETF 1.7 59 -11 2.6 -6.9
FDEM Fidelity Emerging Markets Multifactor ETF 1.7 25 23 10.4 +0.8
IYM iShares U.S. Basic Materials ETF 1.7 40 8 4.5 -5.0
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 1.7 49 -1 4.5 -5.1
KXI iShares Global Consumer Staples ETF 1.6 41 7 5.3 -4.3
FFF Founders 100 ETF 1.6 75 -27 2.4 -7.2
MID American Century Mid Cap Growth Impact ETF 1.6 45 3 3.0 -6.6
CWI SPDR MSCI ACWI ex-US ETF 1.6 30 18 6.3 -3.2
DEHP Dimensional Emerging Markets High Profitability ETF 1.6 41 7 4.8 -4.7
TDIV First Trust NASDAQ Technology Dividend Index Fund 1.5 50 -2 4.7 -4.8
REMX VanEck Rare Earth/Strategic Metals ETF 1.5 54 -6 3.4 -6.1
LITP Sprott Lithium Miners ETF 1.5 65 -17 1.3 -8.2
LIT Global X Lithium & Battery Tech ETF 1.5 75 -27 5.6 -3.9
ILIT iShares Lithium Miners and Producers ETF 1.5 47 1 4.2 -5.3
FTAG First Trust Indxx Global Agriculture ETF 1.5 70 -22 7.0 -2.5
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 1.5 95 -47 9.7 +0.2
ION ProShares S&P Global Core Battery Metals ETF 1.5 58 -10 6.5 -3.0
LIMI Themes Lithium & Battery Metal Miners ETF 1.5 35 13 3.6 -6.0
IXG iShares Global Financials ETF 1.5 42 6 5.7 -3.8
TTAI FCF International Quality ETF 1.5 59 -11 6.9 -2.6
CZA Invesco Zacks Mid-Cap ETF 1.5 72 -24 5.5 -4.0
GDIV Harbor Dividend Growth Leaders ETF 1.5 50 -2 3.9 -5.6
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 1.4 59 -11 8.5 -1.0
DIV Global X SuperDividend US ETF 1.4 45 3 9.4 -0.1
HYP Golden Eagle Dynamic Hypergrowth ETF 1.4 85 -37 -0.8 -10.3
IMOM Alpha Architect International Quantitative Momentum ETF 1.4 49 -1 4.5 -5.0
JIVE JPMorgan International Value ETF 1.4 55 -7 7.9 -1.6
IYZ iShares U.S. Telecommunications ETF 1.4 40 8 5.7 -3.8
JIG JPMorgan International Growth ETF 1.4 55 -7 3.6 -5.9
GII SPDR S&P Global Infrastructure ETF 1.4 40 8 4.3 -5.3
IGF iShares Global Infrastructure ETF 1.4 41 7 4.3 -5.3
EMIF iShares Emerging Markets Infrastructure ETF 1.4 60 -12 2.9 -6.6
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 1.3 88 -40 8.4 -1.1
BLES Inspire Global Hope ETF 1.3 61 -13 5.5 -4.0
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 1.3 56 -8 6.6 -2.9
GURU Global X Guru Index ETF 1.3 75 -27 2.3 -7.2
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 1.3 58 -10 -1.9 -11.4
FRGN Horizon International Equity ETF 1.2 75 -27 7.7 -1.8
JXI iShares Global Utilities ETF 1.2 43 5 5.2 -4.3
PBW Invesco WilderHill Clean Energy ETF 1.2 66 -18 -3.0 -12.5
FFOX FundX Future Fund Opportunities ETF 1.2 100 -52 2.3 -7.2
EVLU iShares MSCI Emerging Markets Value Factor ETF 1.1 35 13 9.9 +0.4
VYMI Vanguard International High Dividend Yield ETF 1.1 17 31 7.7 -1.9
ROE Astoria US Quality Kings ETF 1.1 49 -1 5.1 -4.4
ABFL Abacus FCF Leaders ETF 1.1 59 -11 3.8 -5.8
EYLD Cambria Emerging Shareholder Yield ETF 1.0 66 -18 9.0 -0.5
FDLS Inspire Fidelis Multi Factor ETF 1.0 76 -28 3.0 -6.5
ACWX iShares MSCI ACWI ex U.S. ETF 1.0 34 14 6.2 -3.3
RODM Hartford Multifactor Developed Markets (ex-US) ETF 1.0 29 19 6.9 -2.6
RCGE RockCreek Global Equality ETF 1.0 95 -47 5.7 -3.9
DRIV Global X Autonomous & Electric Vehicles ETF 0.9 68 -20 3.3 -6.2
BITQ Bitwise Crypto Industry Innovators ETF 0.9 85 -37 -2.3 -11.8
IQDF FlexShares International Quality Dividend Index Fund 0.9 47 1 7.3 -2.2
RFDA RiverFront Dynamic US Dividend Advantage ETF 0.9 52 -4 4.9 -4.6
CVY Invesco Zacks Multi-Asset Income ETF 0.9 106 -58 9.6 +0.1
PBD Invesco Global Clean Energy ETF 0.9 75 -27 0.3 -9.2
EQAL Invesco Russell 1000 Equal Weight ETF 0.9 20 28 5.9 -3.6
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.9 47 1 5.0 -4.6
IXUS iShares Core MSCI Total International Stock ETF 0.8 7 41 6.4 -3.1
VEU Vanguard FTSE All-World ex-US Index Fund 0.8 4 44 6.5 -3.0
PTL Inspire 500 ETF 0.8 9 39 4.3 -5.2
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.8 18 30 6.6 -2.9
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.8 47 1 7.0 -2.5
JSTC Adasina Social Justice All Cap Global ETF 0.8 89 -41 4.2 -5.4
FPAG FPA Global Equity ETF 0.8 49 -1 5.4 -4.1
AESR Anfield U.S. Equity Sector Rotation ETF 0.8 108 -60 2.8 -6.7
IYF iShares U.S. Financials ETF 0.8 40 8 5.3 -4.2
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.8 41 7 5.8 -3.7
BLDG Cambria Global Real Estate ETF 0.7 60 -12 10.6 +1.1
RWX SPDR Dow Jones International Real Estate ETF 0.7 59 -11 6.9 -2.6
CCNR ALPS CoreCommodity Natural Resources ETF 0.7 39 9 8.3 -1.2
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.7 18 30 6.2 -3.3
EWD iShares MSCI Sweden ETF 0.7 54 -6 4.9 -4.6
VFMO Vanguard U.S. Momentum Factor ETF 0.7 13 35 1.7 -7.8
JOET Virtus Terranova US Quality Momentum ETF 0.7 29 19 3.7 -5.8
CGGR Capital Group Growth ETF 0.7 39 9 2.6 -6.9
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.6 46 2 5.2 -4.4
VUSE Vident U.S. Equity Strategy ETF 0.6 50 -2 3.6 -5.9
VSGX Vanguard ESG International Stock ETF 0.6 10 38 6.4 -3.1
VXUS Vanguard Total International Stock ETF 0.6 5 43 6.5 -3.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.6 9 39 4.7 -4.8
NXTG First Trust Indxx NextG ETF 0.6 70 -22 3.5 -6.0
QDF FlexShares Quality Dividend Index Fund 0.6 37 11 5.1 -4.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.6 20 28 4.6 -4.9
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 0.6 15 33 7.4 -2.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.5 12 36 4.3 -5.2
SCHY Schwab International Dividend Equity ETF 0.5 14 34 8.1 -1.4
CARZ First Trust NASDAQ Global Auto Index Fund 0.5 70 -22 2.4 -7.1
GINX SGI Enhanced Global Income ETF 0.5 98 -50 6.3 -3.2
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.5 10 38 8.4 -1.1
GQI Natixis Gateway Quality Income ETF 0.5 34 14 4.5 -5.0
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.5 12 36 8.4 -1.1
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.5 24 24 6.9 -2.6
JMOM JPMorgan U.S. Momentum Factor ETF 0.4 12 36 3.2 -6.3
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.4 30 18 6.3 -3.2
AFLG First Trust Active Factor Large Cap ETF 0.4 55 -7 4.8 -4.7
LVHI Franklin International Low Volatility High Dividend Index ET 0.4 40 8 7.3 -2.3
QDEF FlexShares Quality Dividend Defensive Index Fund 0.4 37 11 5.3 -4.3
KLMT Invesco MSCI Global Climate 500 ETF 0.4 10 38 4.8 -4.7
EXI iShares Global Industrials ETF 0.4 42 6 3.4 -6.1
ARGT Global X MSCI Argentina ETF 0.4 59 -11 3.3 -6.3
IXP iShares Global Comm Services ETF 0.4 42 6 5.8 -3.8
IGRO iShares International Dividend Growth ETF 0.4 15 33 6.5 -3.0
ACWI iShares MSCI ACWI ETF 0.4 32 16 4.5 -5.0
VT Vanguard Total World Stock ETF 0.3 6 42 4.9 -4.6
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.3 20 28 5.8 -3.8
WRND IQ Global Equity R&D Leaders ETF 0.3 18 30 3.9 -5.6
GQQQ Astoria US Quality Growth Kings ETF 0.3 35 13 3.2 -6.3
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.3 15 33 4.9 -4.7
FMDE Fidelity Enhanced Mid Cap ETF 0.3 23 25 5.1 -4.4
AVRE Avantis Real Estate ETF 0.3 17 31 6.6 -2.9
VFMF Vanguard U.S. Multifactor ETF 0.3 18 30 6.2 -3.4
ACWV iShares MSCI Global Min Vol Factor ETF 0.3 20 28 5.6 -3.9
AQLT iShares MSCI Global Quality Factor ETF 0.3 18 30 0.0 -9.5
RWO SPDR Dow Jones Global Real Estate ETF 0.3 50 -2 6.1 -3.4
GEW Cambria Global EW ETF 0.3 29 19 5.2 -4.3
REET iShares Global REIT ETF 0.3 14 34 6.7 -2.8
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.3 30 18 7.3 -2.3
DEUS Xtrackers Russell US Multifactor ETF 0.3 17 31 6.2 -3.3
LRGF iShares U.S. Equity Factor ETF 0.3 8 40 4.5 -5.0
FNDA Schwab Fundamental US Small Co. Index ETF 0.3 25 23 5.8 -3.7
ONEY State Street SPDR Russell 1000 Yield Focus ETF 0.2 20 28 8.3 -1.2
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.2 42 6 4.0 -5.6
FLQL Franklin LibertyQ U.S. Equity ETF 0.2 15 33 4.5 -5.0
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.2 20 28 0.8 -8.7
BFOR ALPS Barron's 400 ETF 0.2 65 -17 20.5 +11.0
RVRB Reverb ETF 0.2 30 18 3.6 -5.9
DFGR Dimensional Global Real Estate ETF 0.2 22 26 6.8 -2.7
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 36 4.7 -4.8
SFY SoFi Select 500 ETF 0.2 0 48 3.7 -5.9
VYM Vanguard High Dividend Yield Index ETF 0.2 6 42 5.9 -3.6
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.2 9 39 5.0 -4.5
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.2 4 44 16.4 +6.9
DEW WisdomTree Global High Dividend Fund 0.2 58 -10 6.9 -2.6
IWY iShares Russell Top 200 Growth ETF 0.2 20 28 3.7 -5.9
DGT State Street SPDR Global Dow ETF 0.2 50 -2 5.5 -4.0
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.2 14 34 4.0 -5.5
STXM Strive Mid-Cap ETF 0.2 18 30 5.9 -3.6
ESGV Vanguard ESG U.S. Stock ETF 0.2 9 39 4.0 -5.5
USEW Cambria US EW ETF 0.2 30 18 4.0 -5.5
EQIN Columbia US Equity Income ETF 0.2 35 13 5.9 -3.6
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.2 12 36 3.5 -6.0
VONG Vanguard Russell 1000 Growth ETF 0.2 7 41 3.7 -5.9
IWF iShares Russell 1000 Growth ETF 0.2 19 29 14.7 +5.2
AVIV Avantis International Large Cap Value ETF 0.1 25 23 6.7 -2.8
VSLU Applied Finance Valuation Large Cap ETF 0.1 49 -1 4.8 -4.8
RXI iShares Global Consumer Discretionary ETF 0.1 41 7 8.0 -1.5
GLOF iShares Global Equity Factor ETF 0.1 20 28 5.4 -4.1
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 38 4.1 -5.4
IWL iShares Russell Top 200 ETF 0.1 15 33 3.8 -5.7
SMMD iShares Russell 2500 ETF 0.1 15 33 5.2 -4.3
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.1 29 19 3.9 -5.6
ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF 0.1 20 28 7.0 -2.5
VONE Vanguard Russell 1000 ETF 0.1 7 41 4.1 -5.4
IWB iShares Russell 1000 ETF 0.1 15 33 4.0 -5.5
IWV iShares Russell 3000 ETF 0.1 20 28 3.9 -5.6
VTHR Vanguard Russell 3000 ETF 0.1 7 41 4.0 -5.5
JVAL JPMorgan U.S. Value Factor ETF 0.1 12 36 6.5 -3.1
XMAG Defiance Large Cap ex-Mag 7 ETF 0.1 35 13 4.1 -5.4
IXJ iShares Global Healthcare ETF 0.1 42 6 6.2 -3.4
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.1 58 -10 3.5 -6.1
IWS iShares Russell Mid-Cap Value ETF 0.1 23 25 5.7 -3.8
DFVX Dimensional US Large Cap Vector ETF 0.1 22 26 5.1 -4.4
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 36 5.1 -4.5
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.1 25 23 6.1 -3.4
AVDE Avantis International Equity ETF 0.1 23 25 6.0 -3.5
DMXF iShares ESG Advanced MSCI EAFE ETF 0.1 12 36 4.8 -4.8
DUHP Dimensional US High Profitability ETF 0.1 21 27 5.2 -4.4
ENHU iShares Enhanced Large Cap Core Active ETF 0.1 22 26 4.0 -5.5
MNZL Manzil Russell Halal USA Broad MarketETF 0.1 40 8 3.8 -5.8
IWR iShares Russell Midcap ETF 0.1 19 29 5.1 -4.4
IMTM iShares MSCI Intl Momentum Factor ETF 0.1 30 18 4.6 -4.9
IEUR iShares Core MSCI Europe ETF 0.1 11 37 6.2 -3.3
AVSD Avantis Responsible International Equity ETF 0.1 23 25 5.7 -3.8
IWD iShares Russell 1000 Value ETF 0.1 19 29 5.0 -4.5
VONV Vanguard Russell 1000 Value ETF 0.1 7 41 5.1 -4.4
EFG iShares MSCI EAFE Growth ETF 0.1 36 12 3.7 -5.8
ILCV iShares Morningstar Value ETF 0.1 4 44 5.1 -4.4
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.1 32 16 3.8 -5.7
IUS Invesco RAFI Strategic US ETF 0.1 19 29 5.3 -4.2
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.1 9 39 4.2 -5.3
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 29 4.9 -4.6
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.1 46 2 5.2 -4.3
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.1 30 18 3.6 -5.9
IWX iShares Russell Top 200 Value ETF 0.0 20 28 4.7 -4.9
NACP Impact Shares NAACP Minority Empowerment ETF 0.0 49 -1 3.6 -6.0
HLAL Wahed FTSE USA Shariah ETF 0.0 50 -2 3.5 -6.0
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.0 20 28 5.4 -4.1
EFA iShares MSCI EAFE ETF 0.0 35 13 5.5 -4.0
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 37 4.0 -5.5
HEFA iShares Currency Hedged MSCI EAFE ETF 0.0 35 13 5.5 -4.0
IEFA iShares Core MSCI EAFE ETF 0.0 7 41 5.9 -3.7
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 44 5.8 -3.7
STXV Strive 1000 Value ETF 0.0 18 30 6.6 -2.9
RAUS RACWI US ETF 0.0 15 33 4.0 -5.5
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 3 6.6 -3.0
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.0 36 12 5.1 -4.5
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.0 2 46 4.1 -5.5
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 19 5.4 -4.1
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.0 7 41 4.0 -5.5
VOTE TCW Transform 500 ETF 0.0 5 43 4.0 -5.5
BKLC BNY Mellon US Large Cap Core Equity ETF 0.0 0 48 12.2 +2.6
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 27 2.9 -6.7
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.0 25 23 5.9 -3.6
DIVB iShares Core Dividend ETF 0.0 5 43 6.4 -3.1
EFV iShares MSCI EAFE Value ETF 0.0 34 14 7.2 -2.3
ILCB iShares Morningstar U.S. Equity ETF 0.0 3 45 4.0 -5.5
DFUS Dimensional U.S. Equity ETF 0.0 9 39 4.0 -5.6
PRF Invesco FTSE RAFI US 1000 ETF 0.0 34 14 5.4 -4.1
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.0 20 28 5.5 -4.0
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 31 4.5 -5.0
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.0 25 23 4.7 -4.8
GXLC Global X U.S. 500 ETF 0.0 2 46 4.0 -5.5
JHML John Hancock Multifactor Large Cap ETF 0.0 29 19 4.3 -5.2
AVUS Avantis U.S. Equity ETF 0.0 15 33 4.6 -4.9
DFAU Dimensional US Core Equity Market ETF 0.0 12 36 4.2 -5.4
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 23 5.9 -3.6
EBI Longview Advantage ETF 0.0 35 13 5.7 -3.8
DCOR Dimensional US Core Equity 1 ETF 0.0 14 34 4.4 -5.1
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 30 4.5 -5.0
TOK iShares MSCI Kokusai ETF 0.0 26 22 4.2 -5.4
FENI Fidelity Enhanced International ETF 0.0 28 20 5.6 -3.9
KOKU Xtrackers MSCI Kokusai Equity ETF 0.0 9 39 4.3 -5.3
URTH iShares MSCI World ETF 0.0 24 24 4.2 -5.3
DXUV Dimensional US Vector Equity ETF 0.0 28 20 5.0 -4.6
GVLU Gotham 1000 Value ETF 0.0 50 -2 7.8 -1.8
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 18 5.0 -4.5
ZIG Acquirers Fund 0.0 84 -36 20.3 +10.8
QMOM Alpha Architect U.S. Quantitative Momentum ETF 0.0 39 9 1.1 -8.4

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 Latin America 40 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 15.8 %
Divided by: Fwd. P/BV 1.6 x
Less: Expense ratio 48 bp
Equals: ALTAR Score 9.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.60 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.