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 $490.3 M 381,551
RSXJ Market Vectors Russia Small-Cap ETF 4.85 $62.2 M 40,992
ERUS iShares MSCI Russia Capped ETF 4.99 $269.3 M 578,484
ESR iShares MSCI Emerging Markets Eastern Europe ETF 5.85 $141.0 M 98,336
FXN Energy AlphaDEX Fund 5.97 $270.4 M 335,687
SCIF India Small-Cap Index ETF 6.12 $308.8 M 140,970
CHIX China Financials ETF 6.75 $93.3 M 101,267
EGPT Egypt Index ETF 7.11 $51.3 M 9,908
IDHQ S&P International Developed High Quality Portfolio Fund 7.85 $17.1 M 3,853
FXI iShares China Large-Cap ETF 8.32 $5,996.6 M 16,340,983
PUW WilderHill Progressive Energy Portfolio 8.59 $32.0 M 3,790
EEME MSCI Emerging Markets EMEA Index Fund 8.62 $8.8 M 1,861
CHIM China Materials ETF 8.63 $2.3 M 3,063
FCHI FTSE China (HK Listed) Index Fund 8.96 $26.4 M 4,696
GDXJ Market Vectors Junior Gold Miners ETF 9.16 $1,800.3 M 15,726,798
BKF MSCI BRIC Index Fund 9.20 $275.3 M 71,051
MCHI iShares MSCI China ETF 9.32 $1,385.1 M 413,111
RPV S&P 500 Pure Value ETF 9.33 $1,058.9 M 256,159
GXC SPDR S&P China ETF 9.47 $1,070.7 M 158,420
BIK SPDR S&P BRIC 40 9.48 $120.7 M 44,464
TUR MSCI Turkey ETF 9.57 $517.0 M 414,308
ECNS iShares MSCI China Small-Cap ETF 9.62 $31.8 M 13,231
AIA iShares Asia 50 ETF 9.67 $368.3 M 38,051
DEM Emerging Markets Equity Income Fund 9.69 $2,218.1 M 873,507
YAO China All-Cap ETF 9.77 $50.3 M 10,118
EWY iShares MSCI South Korea Capped ETF 9.90 $4,104.8 M 2,776,026
EDIV SPDR S&P Emerging Markets Dividend ETF 9.91 $429.4 M 121,631
AFK Market Vectors-Africa Index ETF 9.96 $97.9 M 46,079
RWW Financials Sector Fund 9.99 $34.4 M 5,339
FCA China AlphaDEX Fund 10.07 $19.8 M 6,236
GULF Middle East Dividend ETF 10.10 $39.1 M 26,818
KBWD KBW High Dividend Yield Financial Portfolio 10.10 $286.7 M 63,446
GUR SPDR S&P Emerging Europe ETF 10.13 $50.5 M 28,539
CHII China Industrials ETF 10.15 $4.8 M 12,587
FXO Financials AlphaDEX Fund 10.22 $666.0 M 1,162,738
FILL iShares MSCI Global Energy Producers ETF 10.27 $27.6 M 28,621
RYF S&P Equal Weight Financial ETF 10.36 $144.5 M 84,036
RSX Market Vectors Russia ETF 10.42 $1,868.4 M 21,730,078
KBWP KBW Property & Casualty Insurance Portfolio 10.52 $10.7 M 1,648
IPW SPDR S&P International Energy Sector ETF 10.74 $25.3 M 27,905
FEM Emerging Markets AlphaDEX Fund 10.74 $417.9 M 349,536
VNM Market Vectors Vietnam ETF 10.76 $526.4 M 405,554
EPI India Earnings Fund 10.78 $2,471.6 M 4,806,713
JKI iShares Morningstar Mid-Cap Value ETF 10.84 $227.6 M 7,100
THD MSCI Thailand Capped ETF 10.88 $459.9 M 269,305
CHIE China Energy ETF 10.95 $3.3 M 1,098
SPHB S&P 500 High Beta Portfolio 10.95 $263.5 M 117,338
EEM iShares MSCI Emerging Markets ETF 11.01 $31,877.6 M 53,609,910
RTR ADR Fund 11.10 $25.8 M 5,505
FDD STOXX European Select Dividend Index Fund 11.14 $190.7 M 126,784
SEA Shipping ETF 11.15 $65.6 M 34,728
HAO China Small Cap ETF 11.16 $202.8 M 71,266
PFI DWA Financial Momentum 11.31 $39.1 M 14,408
CARZ NASDAQ Global Auto Index Fund 11.34 $30.3 M 9,087
DGS Emerging Market SmallCap Fund 11.42 $1,449.3 M 262,329
FKO South Korea AlphaDEX Fund 11.44 $3.7 M 1,272
CVY Multi-Asset Income ETF 11.49 $1,049.5 M 330,187
BICK BICK Index Fund 11.51 $13.6 M 6,202
EIS iShares MSCI Israel Capped ETF 11.61 $115.2 M 37,044
AXJS MSCI All Country Asia ex Japan Small Cap Index Fund 11.62 $5.6 M 2,774
FTA Large Cap Value AlphaDEX Fund 11.63 $1,238.8 M 178,815
PWV Dynamic LargeCap Value 11.64 $1,084.4 M 184,670
VWO Emerging Markets ETF 11.71 $46,225.7 M 13,974,512
RKH Market Vectors Bank and Brokerage ETF 11.73 $15.7 M 2,249
EWU iShares MSCI United Kingdom ETF 11.73 $3,060.7 M 3,585,869
FCG ISE-Revere Natural Gas Index Fund 11.81 $257.7 M 1,318,726
XLF Financial Select Sector SPDR 11.81 $18,583.3 M 34,833,887
IXG iShares Global Financials ETF 11.82 $258.4 M 63,443
AAXJ MSCI All Country Asia ex Japan Index Fund 11.82 $3,303.8 M 1,266,436
EUFN MSCI Europe Financials Sector Index Fund 11.87 $365.1 M 239,200
GMF SPDR S&P Emerging Asia Pacific ETF 11.92 $731.2 M 109,992
PZI Zacks Micro Cap 11.95 $29.0 M 7,807
ADRE BLDRS Emerging Markets 50 ADR Index Fund 11.97 $187.7 M 13,605
ADRA BLDRS Asia 50 ADR Index Fund 11.97 $25.9 M 1,685
FGD DJ Global Select Dividend Index Fund 11.99 $540.5 M 121,513
EWX SPDR S&P Emerging Markets Small Cap ETF 12.03 $469.1 M 113,679