URTH Really Isn't Much Better Than The S&P

Oct. 12, 2022 6:40 AM ETiShares MSCI World ETF (URTH)IVV


  • URTH is supposed to be the broadest ETF out there but it suffers from ultimately being dominated by US exposures and the US geography.
  • As such, its multiple is high considering we're coming into a recession and that supply chains have to some extent been permanently damaged.
  • While the inflation speculation is a question mark, since we may see a huge rebound of markets if inflation peaks, on balance we're not drawn in by URTH.
  • Looking for a helping hand in the market? Members of The Value Lab get exclusive ideas and guidance to navigate any climate. Learn More »

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Thaweesak Saengngoen

The iShares MSCI World ETF (NYSEARCA:URTH) is supposedly a broad global exposure, but ends up being mostly skewed to the US and not much better than broad US indices. As such, it also suffers from the issue that its multiple

URTH top holdings

URTH Top Holdings (iShares.com)

Top holdings IVV

IVV Top Holdings (iShares.com)

URTH geographies

URTH Geography (iShares.com)


Value Chart ((VTS))

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This article was written by

Author of The Value Lab
A long-only voice with eclipsing growth through 2020 and 2022 bear markets.

Formerly Bocconi's Valkyrie Trading Society, seeks to provide a consistent and honest voice through this blog and our Marketplace Service, the Value Lab, with a focus on high conviction and obscure developed market ideas.

DISCLOSURE: All of our articles and communications, including on the Value Lab, are only opinions and should not be treated as investment advice. We are not investment advisors. Consult an investment professional and take care to do your own due diligence.

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Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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