DVYE
iShares Emerging Markets Dividend ETF
iShares Emerging Markets Dividend Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks to track the investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones Emerging Markets Select Dividend Index.
Fund Basics
| Fund sponsor | BlackRock Fund Advisors |
| Category | Emerging Market Equities |
| Asset class | Equity |
| Website | link... |
| Inception date | Feb 23, 2012 |
| Assets (mns) | $739 |
| Expense ratio | 49 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Fundamental |
| Weighting | Dividend |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| PHOSAGRO OAO - CLS | 2.2 % |
| RURAL ELECTRIFICATION CORP | 2.1 % |
| PETROBRAS - PETROLEO BRAS-PR | 2.0 % |
| CIA SANEAMENTO MINAS GERAIS | 1.7 % |
| ASUSTEK COMPUTER INC | 1.7 % |
| SITRONIX TECHNOLOGY CORP. | 1.6 % |
| UNITED TRACTORS TBK PT | 1.5 % |
| UNIPAR CARBOCLORO SA PFD CLASS B | 1.5 % |
| CPFL ENERGIA SA | 1.5 % |
| TERNA PARTICIPACOES S.A-UNIT | 1.4 % |
Constituent Breakdown
| Number of holdings | 112 |
| Herfindahl-Hirschman Index | 106 |
| Wgt avg mkt cap (mns) | $5,634 |
| Large cap (>$10bn) | 13.0% |
| Mid cap ($2-10bn) | 42.8% |
| Small cap (<$2bn) | 31.1% |
| Developed mkts. | 7.5% |
| Emerging mkts. | 92.5% |
Country Exposure
 |
BRAZIL | 19.5 % |
 |
CHINA | 14.6 % |
 |
RUSSIA | 13.7 % |
 |
TAIWAN | 11.9 % |
 |
INDIA | 7.6 % |
 |
SOUTH AFRICA | 5.7 % |
 |
INDONESIA | 5.3 % |
 |
HONG KONG | 4.4 % |
 |
THAILAND | 4.1 % |
 |
CHILE | 2.9 % |
Historical Performance
Standardized Annual Returns (as of 08/31/2023)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. |
|---|---|---|---|---|---|---|
| 5.6% | 5.9% | -14.7% | -0.7% | -2.5% | -0.5% | -1.4% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.77 | 47% |
| MSCI EAFE | 0.94 | 74% |
| MSCI Emg Mkts | 0.94 | 70% |
Liquidity Measures
| Avg. volume (000) | 68 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.17% |
| ADV of underlying (mns) | $1,632 |
Technical Indicators
| Recent close | $25.17 |
| 30d moving avg. | $24.63 |
| Annualized volatility | 20.0% |
| Relative strength (RSI) | 53 |
| Short interest (ETF) | 0.7% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. DVYE |
Expenses vs. DVYE |
ALTAR Score™ vs. DVYE |
|---|---|---|---|---|
| EYLD | Cambria Emerging Shareholder Yield ETF | 20.3% | +15 bp | -5.3% |
| UEVM | VictoryShares USAA MSCI Emerging Markets Value Momentum ETF | 16.2% | -4 bp | -5.7% |
| SDIV | Global X SuperDividend ETF | 15.9% | +9 bp | -0.5% |
| SDEM | Global X MSCI SuperDividend Emerging Markets ETF | 14.9% | +18 bp | +1.0% |
| DEM | WisdomTree Emerging Markets High Dividend Fund | 14.8% | +14 bp | -4.6% |
| FDEM | Fidelity Emerging Markets Multifactor ETF | 13.6% | -4 bp | -6.3% |
| FEM | First Trust Emerging Markets AlphaDEX Fund | 13.5% | +31 bp | -3.2% |
| FNDE | Schwab Fundamental Emerging Markets Large Co. Index ETF | 12.3% | -10 bp | -5.8% |
| EEMD | AAM S&P Emerging Markets High Dividend Value ETF | 12.2% | 0 bp | -0.7% |
| ROAM | Hartford Multifactor Emerging Markets ETF | 11.4% | -5 bp | -6.3% |
Risk and Returns: DVYE vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023E | 2024E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| 2022 | 2023E | Fwd Est | 2024E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 9/22/2023
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
DVYE
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
DVYE
18.8%
Cat. Avg
7.6%
Fund Category: Emerging Market Equities
| Avg. Return on Equity | --% |
| Divided by: Fwd. P/BV | --x |
| Less: Expenses | -- bp |
| Equals: ALTAR Score™ | 18.8% |
Recommendation
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.
Category Overview
There are 186 funds in the Emerging Market Equities category, with an average ALTAR Score™
of 7.6% and a standard deviation of
4.1%. DVYE's ALTAR Score™ is approximately
2.8 standard deviations
above
the category average. This places DVYE in the 99th percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
DVYE
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Market Activity
| Latest price | |
| Change | |
| Volume | |
| Bid/Ask Spread | |
| Update |
Today's Trading
Trading data provided for free by IEX. By accessing this data you agree to abide by their Terms of Service.
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| DVYE | 49.0 | 17.2 | 66.2 |
| Peer Avg. | -- | -- | -- |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .