100 Equity ETFs with the Highest P/E Ratios

The P/E ratio, sometimes also referred to as the earnings multiple, is calculated by dividing a fund's price by its earnings. Generally speaking, the higher the P/E, the more investors are expecting higher future earnings growth. Here is a list of the 100 equity ETFs with the highest P/E ratios. You may also wish to peruse our list of the 100 equity ETFs with the lowest P/E ratios.

This data may include leveraged and inverse ETFs. To exclude leveraged and inverse ETFs from the table below, click here.

Symbol
Name
P/E Ratio
AUM
Avg Volume
PNQI Nasdaq Internet Portfolio 40.07 $322.6 M 42,216
FDN DJ Internet Index Fund 36.85 $1,733.9 M 484,664
PBW WilderHill Clean Energy Portfolio 33.63 $188.0 M 440,977
BBH Market Vectors Biotech ETF 30.23 $492.4 M 92,959
XBI SPDR S&P Biotech ETF 29.64 $942.5 M 597,448
QCLN NASDAQ Clean Edge Green Energy Index Fund 29.26 $128.0 M 121,892
FBT NYSE Arca Biotechnology Index Fund 28.97 $1,306.8 M 141,339
JKK iShares Morningstar Small-Cap Growth ETF 28.42 $129.4 M 4,109
PSJ Dynamic Software 28.37 $53.3 M 8,377
IBB Nasdaq Biotechnology 27.89 $4,991.3 M 1,377,323
XSW SPDR S&P Software & Services ETF 26.50 $30.2 M 3,127
JKH iShares Morningstar Mid-Cap Growth ETF 26.42 $200.1 M 3,750
PSCH S&P SmallCap Health Care Portfolio 26.11 $171.9 M 13,409
PBE Dynamic Biotech &Genome 25.61 $369.9 M 57,375
AMLP Alerian MLP ETF 25.38 $9,228.9 M 2,965,606
XSD SPDR S&P Semiconductor ETF 25.26 $170.9 M 121,848
PSCT S&P SmallCap Information Technology Portfolio 25.21 $237.0 M 24,870
XTL SPDR S&P Telecom ETF 25.05 $25.4 M 5,438
FYC Small Cap Growth AlphaDEX Fund 24.75 $35.2 M 8,803
LTL Ultra Telecommunications ProShares 24.58 $7.1 M 257
IYZ iShares U.S. Telecommunications ETF 24.58 $577.6 M 225,508
IGV iShares North American Tech-Software ETF 24.53 $983.0 M 201,869
PXQ Dynamic Networking 24.45 $27.7 M 6,147
RZG S&P Smallcap 600 Pure Growth 23.69 $102.3 M 10,345
EVX Market Vectors Environmental Services ETF 23.63 $20.1 M 432
AADR WCM/BNY Mellon Focused Growth ADR ETF 23.58 $12.7 M 5,689
VTWG Russell 2000 Growth ETF 23.34 $125.0 M 16,998
VIOG S&P Small-Cap 600 Growth ETF 23.09 $65.2 M 4,584
UKK Ultra Russell2000 Growth 23.06 $14.1 M 944
IWO iShares Russell 2000 Growth ETF 23.05 $5,614.5 M 1,293,925
SLYG SPDR S&P 600 Small Cap Growth ETF 23.01 $387.0 M 10,283
XHE SPDR S&P Health Care Equipment ETF 23.01 $31.0 M 2,142
IJT iShares S&P Small-Cap 600 Growth ETF 23.01 $2,708.3 M 115,917
MDYG SPDR S&P 400 Mid Cap Growth ETF 22.09 $173.0 M 6,934
IJK iShares U.S. Consumer Goods ETF 22.08 $4,622.6 M 159,853
ECON EGShares Emerging Markets Consumer 22.03 $1,341.9 M 157,319
XME SPDR S&P Metals & Mining ETF 21.78 $512.1 M 1,246,408
PSCM S&P SmallCap Materials Portfolio 21.77 $61.2 M 10,970
PDP DWA Technical Leaders Portfolio 21.71 $1,288.4 M 175,539
URA Uranium ETF 21.68 $248.2 M 254,233
FNY Mid Cap Growth AlphaDEX Fund 21.46 $42.8 M 5,561
PZD Cleantech Portfolio 21.27 $84.8 M 7,669
IVOG S&P Mid-Cap 400 Growth ETF 21.12 $281.7 M 9,378
GEX Market Vectors Global Alternative Energy ETF 21.00 $103.1 M 10,417
PSI Dynamic Semiconductors 20.86 $25.5 M 14,425
UKW Ultra Russell MidCap Growth 20.83 $15.9 M 566
PBD Global Clean Energy Portfolio 20.82 $107.5 M 53,561
IWP iShares Russell Mid-Cap Growth ETF 20.79 $4,839.7 M 215,294
FAD Multi Cap Growth AlphaDEX Fund 20.73 $63.1 M 7,427
EIRL iShares MSCI Ireland Capped ETF 20.69 $168.5 M 67,531
VIOO S&P Small-Cap 600 ETF 20.68 $158.2 M 19,481
SLY SPDR S&P 600 Small Cap ETF 20.67 $422.0 M 13,577
IJR Core S&P Small-Cap ETF 20.67 $13,413.1 M 699,397
SAA Ultra SmallCap600 20.66 $23.7 M 1,208
RBL SPDR S&P Russia ETF 20.47 $24.4 M 21,347
JKE iShares Morningstar Large-Cap Value ETF 20.43 $534.0 M 14,038
BRAQ Brazil Consumer ETF 20.40 $14.7 M 4,661
FIW ISE Water Index Fund 20.25 $204.6 M 28,377
RFG S&P Midcap 400 Pure Growth 20.23 $803.5 M 21,423
PWB Dynamic LargeCap Growth 20.14 $272.7 M 44,423
PSCE S&P SmallCap Energy Portfolio 20.13 $58.8 M 10,978
PJP Dynamic Pharmaceuticals 20.01 $1,160.6 M 130,042
ENY Canadian Energy Income ETF 19.99 $54.0 M 24,436
XPH SPDR S&P Pharmaceuticals ETF 19.92 $932.2 M 80,069
QQXT NASDAQ-100 Ex-Technology Sector Index 19.91 $92.2 M 10,572
QQEW NASDAQ-100 Equal Weighted Index Fund 19.86 $427.0 M 64,764
FPX IPOX-100 Index Fund 19.79 $485.0 M 61,789
QTEC NASDAQ-100-Technology Sector Index Fund 19.78 $236.0 M 44,170
PHO Water Resource Portfolio 19.69 $976.1 M 90,872
IJH Core S&P Mid-Cap ETF 19.60 $23,094.4 M 1,245,967
MVV Ultra MidCap400 19.60 $755.6 M 607,987
VBK Small-Cap Growth ETF 19.46 $3,765.3 M 131,800
JKJ iShares Morningstar Small-Cap ETF 19.46 $216.3 M 3,959
IHI iShares U.S. Medical Devices ETF 19.41 $695.7 M 72,508
PSCC S&P SmallCap Consumer Staples Portfolio 19.33 $27.7 M 6,842
PSCD S&P SmallCap Consumer Discretionary Portfolio 19.32 $109.4 M 8,325
IWM iShares Russell 2000 ETF 19.31 $24,439.6 M 44,084,469
UWM Ultra Russell2000 19.30 $720.8 M 1,102,739
VHT Health Care ETF 19.19 $3,084.3 M 153,822
RYH S&P Equal Weight Health Care ETF 19.18 $225.8 M 19,597
CSD Spin-Off ETF 19.17 $647.9 M 106,213
PUI DWA Utilities Momentum 19.16 $43.0 M 6,992
IVOO S&P Mid-Cap 400 ETF 19.14 $334.1 M 11,050
XLY Consumer Discretionary Select Sector SPDR 19.12 $5,269.6 M 4,746,097
XRT SPDR S&P Retail ETF 19.11 $702.4 M 2,110,473
FTC Large Cap Growth AlphaDEX Fund 19.11 $308.3 M 29,237
CNDA IQ Canada Small Cap ETF 19.11 $22.9 M 9,530
VTWO Russell 2000 ETF 19.11 $374.7 M 41,722
SCHA U.S. Small-Cap ETF 19.09 $2,086.2 M 201,177
VGEM Consumer Services GEMS ETF 19.08 $1.1 M 5,538
PSCF S&P SmallCap Financials Portfolio 19.05 $109.2 M 5,752