URTH
iShares MSCI World ETF
iShares MSCI World Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance results of the MSCI World Index.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
24 bp
EXPENSES
$3.5 B
ASSETS UNDER MGMT
Fund Basics
| Fund sponsor | BlackRock Funds/USA |
| Category | Global |
| Asset class | Equity |
| Website | link... |
| Inception date | Jan 10, 2012 |
| Assets (mns) | $3,487 |
| Expense ratio | 24 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Semi-Annually |
| Taxation | 1099 |
| Stock selection | Market Cap |
| Weighting | Market Cap |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| APPLE INC | 4.9 % |
| MICROSOFT CORP | 4.6 % |
| NVIDIA CORP | 4.4 % |
| AMAZON.COM INC | 2.6 % |
| ALPHABET INC. CLASS A | 1.6 % |
| META PLATFORMS INC | 1.6 % |
| ALPHABET INC. CLASS C | 1.4 % |
| BROADCOM INC. | 1.0 % |
| ELI LILLY & CO | 1.0 % |
| TESLA MOTORS INC | 1.0 % |
Constituent Breakdown
| Number of holdings | 1433 |
| Herfindahl-Hirschman Index | 103 |
| Wgt avg mkt cap (mns) | $626,294 |
| Large cap (>$10bn) | 96.8% |
| Mid cap ($2-10bn) | 3.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.8% |
| Emerging mkts. | 0.2% |
Country Exposure
 |
UNITED STATES | 69.4 % |
 |
JAPAN | 5.8 % |
 |
BRITAIN | 4.0 % |
 |
SWITZERLAND | 2.9 % |
 |
CANADA | 2.7 % |
 |
FRANCE | 2.6 % |
 |
GERMANY | 2.1 % |
 |
AUSTRALIA | 1.8 % |
 |
NETHERLANDS | 1.5 % |
 |
IRELAND | 1.3 % |
Historical Performance
Standardized Performance (as of 06/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 8.2% | 16.5% | 17.5% | 5.9% | 11.3% | 9.0% | 10.7% | Volatility | 10.8% | 11.3% | 16.3% | 16.6% | 20.2% | 17.2% | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.98 | 100% |
| MSCI EAFE | 0.94 | 86% |
| MSCI Emg Mkts | 0.70 | 49% |
Liquidity Measures
| Avg. volume (000) | 240 |
| Turnover | 1.0% |
| Avg. Bid/Ask (% of price) | 0.06% |
| ADV of underlying (mns) | $587,082 |
Technical Indicators
| Recent close | $146.50 |
| 30d moving avg. | $149.88 |
| Annualized volatility | 17.7% |
| Relative strength (RSI) | 59 |
| Short interest (ETF) | 5.0% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. URTH |
Expenses vs. URTH |
ALTAR Score™ vs. URTH |
|---|---|---|---|---|
| TOK | iShares MSCI Kokusai ETF | 93.3% | +2 bp | -0.1% |
| KOKU | Xtrackers MSCI Kokusai Equity ETF | 90.2% | -15 bp | +0.1% |
| ACWI | iShares MSCI ACWI ETF | 88.8% | +8 bp | +0.1% |
| VT | Vanguard Total World Stock ETF | 73.6% | -17 bp | +0.4% |
| ITOT | iShares Core S&P Total U.S. Stock Market ETF | 71.4% | -21 bp | -0.3% |
| IYY | iShares Dow Jones U.S. ETF | 71.4% | -4 bp | -0.3% |
| PBUS | Invesco MSCI USA ETF | 71.4% | -20 bp | -0.1% |
| GUSA | Goldman Sachs MarketBeta U.S. 1000 Equity ETF | 71.3% | -13 bp | -0.2% |
| ILCB | iShares Morningstar U.S. Equity ETF | 71.2% | -21 bp | -0.1% |
| IWB | iShares Russell 1000 ETF | 71.2% | -9 bp | -0.2% |
Risk and Returns: URTH 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.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| 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
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| 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 7/25/2024
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
URTH
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
URTH
5.4%
Cat. Avg
4.0%
Fund Category: Global
| Avg. Return on Equity | --% |
| Divided by: Fwd. P/BV | --x |
| Less: Expenses | -- bp |
| Equals: ALTAR Score™ | 5.4% |
Recommendation
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.
Category Overview
There are 352 funds in the Global category, with an average ALTAR Score™
of 4.0% and a standard deviation of
4.8%. URTH's ALTAR Score™ is approximately
0.3 standard deviations
above
the category average. This places URTH in the 61st percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
URTH
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Expense Analysis
| Peer Group | Rules-Based Global Equity ETFs |
| # of ETFs | 191 |
| Avg. Expense Ratio | 55.4 bp |
| Std. Deviation | 17.5 bp |
| URTH (24 bp) Percentile rank | 4 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| URTH | 24.0 | 5.9 | 29.9 |
| Peer Avg. | 51.3 | 36.4 | 87.7 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .