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
GLDX Gold Explorers ETF 46.43 $25.1 M 40,281
BRAQ Brazil Consumer ETF 26.71 $25.1 M 8,252
URA Uranium ETF 25.10 $129.3 M 58,589
BIB Ultra Nasdaq Biotechnology 24.37 $115.3 M 39,503
AMLP Alerian MLP ETF 23.48 $6,228.1 M 3,095,462
BBH Market Vectors Biotech ETF 22.38 $328.1 M 106,113
PSCH S&P SmallCap Health Care Portfolio 21.67 $107.3 M 11,013
ECON Dow Jones Emerging Markets Consumer Titans Index Fund 21.43 $1,054.7 M 267,722
PSCT S&P SmallCap Information Technology Portfolio 21.09 $124.7 M 19,268
VGEM Consumer Services GEMS ETF 20.92 $2.2 M 657
XSW SPDR S&P Software & Services ETF 20.74 $14.7 M 1,115
FYC Small Cap Growth AlphaDEX Fund 20.31 $11.3 M 4,107
GGEM Consumer Goods GEMS ETF 20.26 $2.6 M 636
XTL SPDR S&P Telecom ETF 20.18 $4.9 M 1,931
FNY Mid Cap Growth AlphaDEX Fund 20.09 $22.2 M 7,933
IVOG S&P Mid-Cap 400 Growth ETF 20.02 $166.8 M 11,067
AADR WCM/BNY Mellon Focused Growth ADR ETF 19.85 $7.9 M 697
XHE SPDR S&P Health Care Equipment ETF 19.80 $19.2 M 1,679
HGEM Health Care GEMS ETF 19.46 $6.3 M 2,549
VIOG S&P Small-Cap 600 Growth ETF 19.29 $21.2 M 1,921
QQQC NASDAQ China Technology ETF 18.95 $3.2 M 808
PSCC S&P SmallCap Consumer Staples Portfolio 18.23 $25.0 M 4,829
VTWG Russell 2000 Growth ETF 18.14 $49.4 M 7,786
PSCF S&P SmallCap Financials Portfolio 18.13 $83.0 M 7,571
VIOO S&P Small-Cap 600 ETF 18.11 $66.3 M 5,863
AND FTSE Andean 40 ETF 17.64 $10.0 M 7,857
CHIQ China Consumer ETF 17.54 $210.8 M 144,357
AXSL MSCI ACWI ex US Consumer Staples Sector Index Fund 17.48 $7.9 M 520
SCJ MSCI Japan Small Cap Index Fund 17.38 $85.3 M 22,952
EPHE MSCI Philippines Investable Market Index Fund 17.24 $506.1 M 364,811
PSCE S&P SmallCap Energy Portfolio 17.07 $30.5 M 12,479
VIOV S&P Small-Cap 600 Value ETF 16.93 $24.5 M 2,807
NUGT Daily Gold Miners Bull 3x Shares 16.92 $251.0 M 5,949,887
RTH Market Vectors Retail ETF 16.91 $30.2 M 75,224
PSCM S&P SmallCap Materials Portfolio 16.72 $7.3 M 4,902
BRAZ Brazil Mid Cap ETF 16.72 $18.9 M 13,152
IVOO S&P Mid-Cap 400 ETF 16.64 $166.5 M 16,824
PSCI S&P SmallCap Industrials Portfolio 16.59 $42.5 M 8,213
VONG Russell 1000 Growth ETF 16.47 $127.1 M 23,787
CURE Daily Healthcare Bull 3X Shares 16.44 $34.2 M 27,863
SMH Market Vectors Semiconductor ETF 16.40 $295.2 M 1,986,043
VTWO Russell 2000 ETF 16.20 $229.0 M 45,565
EWZS MSCI Brazil Small Cap Index Fund 16.19 $58.2 M 25,394
CCXE Commodity Country Equity Fund 16.16 $23.7 M 1,807
SCHM U.S. Mid-Cap ETF 16.10 $534.9 M 162,748
CNDA IQ Canada Small Cap ETF 15.98 $15.4 M 4,978
PPH Market Vectors Pharmaceutical ETF 15.95 $244.5 M 73,311
HEDJ International Hedged Equity Fund 15.92 $289.6 M 102,995
SCHG U.S. Large-Cap Growth ETF 15.81 $716.6 M 99,703
PXSC RAFI Fundamental Pure Small Core Portfolio 15.67 $16.1 M 1,132
VOOG S&P 500 Growth ETF 15.53 $133.9 M 6,963
AXHE MSCI ACWI ex US Health Care Sector Index Fund 15.52 $15.1 M 1,807
EWRM Russell Midcap Equal Weight ETF 15.45 $62.9 M 5,498
PSCD S&P SmallCap Consumer Discretionary Portfolio 15.43 $75.2 M 5,035
TQQQ UltraPro QQQ 15.39 $234.1 M 1,886,484
EIDO MSCI Indonesia Investable Market Index Fund 15.37 $618.7 M 399,632
FBZ Brazil AlphaDEX Fund 15.34 $5.9 M 2,311
LATM Latin America Small-Cap Index ETF 15.33 $10.1 M 4,180
PSCU S&P SmallCap Utilities Portfolio 15.33 $32.6 M 5,757
AXIT MSCI ACWI ex US Information Technology Sector Index Fund 15.29 $3.1 M 452
EWRI Russell 1000 Equal Weight ETF 15.21 $62.3 M 8,803
EWRS Russell 2000 Equal Weight ETF 15.14 $15.2 M 3,732
ENZL MSCI New Zealand Investable Market Index Fund 15.13 $203.3 M 77,078
EIRL MSCI Ireland Capped Investable Market Index Fund 15.03 $55.8 M 21,749
COLX Market Vectors Colombia ETF 14.91 $2.7 M 4,755
TGEM Telecommunications GEMS ETF 14.85 $4.1 M 547
VTWV Russell 2000 Value ETF 14.66 $37.9 M 3,924
QGEM Technology GEMS ETF 14.60 $2.7 M 983
CQQQ China Technology ETF 14.52 $20.9 M 6,805
VTHR Russell 3000 ETF 14.50 $61.5 M 7,447
GERJ Market Vectors Germany Small-Cap ETF 14.48 $3.8 M 2,448
VONE Russell 1000 ETF 14.40 $210.8 M 11,732
OIH Market Vectors Oil Services ETF 14.39 $1,657.6 M 4,914,457
GNAT Global Natural Resources Fund 14.30 $24.3 M 6,478
XHS SPDR S&P Health Care Services ETF 14.27 $31.9 M 7,322
EUSA MSCI USA Index Fund 14.26 $165.1 M 4,095
FONE NASDAQ CEA Smartphone Index Fund 14.26 $13.0 M 2,779
VOO S&P 500 ETF 14.24 $9,701.1 M 1,625,038