100 Equity ETFs with the Lowest 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 lowest P/E ratios. You may also wish to peruse our list of the 100 equity ETFs with the highest 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
PSP Listed Private Equity 3.86 $482.9 M 498,579
RSXJ Market Vectors Russia Small-Cap ETF 4.85 $69.8 M 64,883
ERUS iShares MSCI Russia Capped ETF 4.99 $268.0 M 421,779
ESR iShares MSCI Emerging Markets Eastern Europe ETF 5.85 $179.4 M 58,827
FXN Energy AlphaDEX Fund 5.97 $323.3 M 581,292
SCIF India Small-Cap Index ETF 6.12 $250.6 M 180,377
CHIX China Financials ETF 6.75 $46.0 M 61,585
EGPT Egypt Index ETF 7.11 $76.7 M 26,956
IDHQ S&P International Developed High Quality Portfolio Fund 7.85 $15.7 M 1,938
FXI iShares China Large-Cap ETF 8.32 $5,486.0 M 20,872,814
PUW WilderHill Progressive Energy Portfolio 8.59 $34.1 M 4,672
EEME MSCI Emerging Markets EMEA Index Fund 8.62 $9.3 M 1,635
CHIM China Materials ETF 8.63 $3.0 M 10,659
FCHI FTSE China (HK Listed) Index Fund 8.96 $28.5 M 4,608
GDXJ Market Vectors Junior Gold Miners ETF 9.16 $2,266.2 M 8,479,316
BKF MSCI BRIC Index Fund 9.20 $341.6 M 119,708
MCHI iShares MSCI China ETF 9.32 $1,161.4 M 530,214
RPV S&P 500 Pure Value ETF 9.33 $1,150.4 M 292,024
GXC SPDR S&P China ETF 9.47 $939.1 M 140,933
BIK SPDR S&P BRIC 40 9.48 $141.8 M 94,786
EMFN MSCI Emerging Markets Financials Sector Index Fund 9.54 $6.3 M 2,527
TUR MSCI Turkey ETF 9.57 $434.6 M 337,330
ECNS iShares MSCI China Small-Cap ETF 9.62 $33.1 M 13,150
AIA iShares Asia 50 ETF 9.67 $305.3 M 42,021
DEM Emerging Markets Equity Income Fund 9.69 $3,277.1 M 400,802
GGGG Pure Gold Miners ETF 9.74 $4.6 M 13,982
YAO China All-Cap ETF 9.77 $50.6 M 23,218
EWY iShares MSCI South Korea Capped ETF 9.90 $4,359.1 M 2,563,885
EDIV SPDR S&P Emerging Markets Dividend ETF 9.91 $465.7 M 97,129
AFK Market Vectors-Africa Index ETF 9.96 $107.7 M 36,880
RWW Financials Sector Fund 9.99 $32.0 M 4,382
FCA China AlphaDEX Fund 10.07 $6.6 M 3,825
GULF Middle East Dividend ETF 10.10 $61.1 M 34,988
KBWD KBW High Dividend Yield Financial Portfolio 10.10 $261.4 M 60,989
GUR SPDR S&P Emerging Europe ETF 10.13 $60.9 M 21,852
CHII China Industrials ETF 10.15 $3.1 M 4,905
FXO Financials AlphaDEX Fund 10.22 $952.3 M 748,826
FILL iShares MSCI Global Energy Producers ETF 10.27 $7.1 M 8,574
RYF S&P Equal Weight Financial ETF 10.36 $127.2 M 50,411
RSX Market Vectors Russia ETF 10.42 $1,973.4 M 8,460,728
KBWP KBW Property & Casualty Insurance Portfolio 10.52 $9.7 M 1,309
UGEM Utilities GEMS ETF 10.68 $0.8 M 4,958
IPW SPDR S&P International Energy Sector ETF 10.74 $15.1 M 8,221
FEM Emerging Markets AlphaDEX Fund 10.74 $396.2 M 290,318
VNM Market Vectors Vietnam ETF 10.76 $558.3 M 322,242
EPI India Earnings Fund 10.78 $1,946.1 M 4,711,336
AGEM GEMS Composite ETF 10.78 $11.3 M 8,445
JKI iShares Morningstar Mid-Cap Value ETF 10.84 $206.4 M 9,633
THD MSCI Thailand Capped ETF 10.88 $511.7 M 254,705
CHIE China Energy ETF 10.95 $4.4 M 6,527
SPHB S&P 500 High Beta Portfolio 10.95 $217.5 M 161,744
EEM iShares MSCI Emerging Markets ETF 11.01 $35,572.4 M 62,072,438
RTR ADR Fund 11.10 $22.1 M 3,727
FDD STOXX European Select Dividend Index Fund 11.14 $150.8 M 174,902
SEA Shipping ETF 11.15 $82.0 M 46,085
HAO China Small Cap ETF 11.16 $205.8 M 79,008
PFI DWA Financial Momentum 11.31 $31.9 M 5,598
CARZ NASDAQ Global Auto Index Fund 11.34 $52.7 M 17,923
DGS Emerging Market SmallCap Fund 11.42 $1,799.4 M 171,438
FKO South Korea AlphaDEX Fund 11.44 $3.9 M 4,865
CVY Multi-Asset Income ETF 11.49 $1,153.0 M 224,218
BICK BICK Index Fund 11.51 $16.9 M 1,606
EIS iShares MSCI Israel Capped ETF 11.61 $127.1 M 36,427
AXJS MSCI All Country Asia ex Japan Small Cap Index Fund 11.62 $5.7 M 2,143
FTA Large Cap Value AlphaDEX Fund 11.63 $1,112.5 M 185,317
PWV Dynamic LargeCap Value 11.64 $862.3 M 116,621
VWO Emerging Markets ETF 11.71 $46,285.2 M 11,804,456
EWU iShares MSCI United Kingdom ETF 11.73 $3,170.2 M 3,400,791
RKH Market Vectors Bank and Brokerage ETF 11.73 $15.0 M 941
XLF Financial Select Sector SPDR 11.81 $17,308.9 M 37,530,512
FCG ISE-Revere Natural Gas Index Fund 11.81 $331.3 M 540,021
AAXJ MSCI All Country Asia ex Japan Index Fund 11.82 $2,614.7 M 581,108
IXG iShares Global Financials ETF 11.82 $284.4 M 40,050
EUFN MSCI Europe Financials Sector Index Fund 11.87 $385.2 M 265,703
AXUT iShares MSCI ACWI ex U.S. Utilities ETF 11.88 $6.8 M 2,675
GMF SPDR S&P Emerging Asia Pacific ETF 11.92 $671.4 M 95,514
PZI Zacks Micro Cap 11.95 $32.7 M 27,573
ADRA BLDRS Asia 50 ADR Index Fund 11.97 $26.2 M 10,200
ADRE BLDRS Emerging Markets 50 ADR Index Fund 11.97 $213.6 M 25,674
FGD DJ Global Select Dividend Index Fund 11.99 $532.0 M 127,764
EWX SPDR S&P Emerging Markets Small Cap ETF 12.03 $500.3 M 95,239