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 $534.8 M 489,225
RSXJ Market Vectors Russia Small-Cap ETF 4.85 $48.3 M 54,225
ERUS iShares MSCI Russia Capped ETF 4.99 $187.3 M 440,678
ESR iShares MSCI Emerging Markets Eastern Europe ETF 5.85 $151.5 M 31,026
FXN Energy AlphaDEX Fund 5.97 $263.9 M 565,600
SCIF India Small-Cap Index ETF 6.12 $251.7 M 152,755
CHIX China Financials ETF 6.75 $55.1 M 32,751
EGPT Egypt Index ETF 7.11 $47.9 M 16,163
IDHQ S&P International Developed High Quality Portfolio Fund 7.85 $16.0 M 2,278
FXI iShares China Large-Cap ETF 8.32 $5,627.8 M 21,271,729
PUW WilderHill Progressive Energy Portfolio 8.59 $30.5 M 4,932
EEME MSCI Emerging Markets EMEA Index Fund 8.62 $8.0 M 1,885
CHIM China Materials ETF 8.63 $2.2 M 4,082
FCHI FTSE China (HK Listed) Index Fund 8.96 $24.5 M 3,539
GDXJ Market Vectors Junior Gold Miners ETF 9.16 $1,460.0 M 17,540,670
BKF MSCI BRIC Index Fund 9.20 $288.7 M 89,631
MCHI iShares MSCI China ETF 9.32 $1,209.7 M 495,452
RPV S&P 500 Pure Value ETF 9.33 $1,237.2 M 300,537
GXC SPDR S&P China ETF 9.47 $1,005.3 M 138,074
BIK SPDR S&P BRIC 40 9.48 $117.4 M 64,432
TUR MSCI Turkey ETF 9.57 $449.0 M 362,632
ECNS iShares MSCI China Small-Cap ETF 9.62 $31.0 M 7,086
AIA iShares Asia 50 ETF 9.67 $309.4 M 37,871
DEM Emerging Markets Equity Income Fund 9.69 $2,476.3 M 723,454
YAO China All-Cap ETF 9.77 $51.6 M 17,089
EWY iShares MSCI South Korea Capped ETF 9.90 $4,152.4 M 2,828,266
EDIV SPDR S&P Emerging Markets Dividend ETF 9.91 $423.7 M 137,274
AFK Market Vectors-Africa Index ETF 9.96 $92.4 M 36,586
RWW Financials Sector Fund 9.99 $34.5 M 5,071
FCA China AlphaDEX Fund 10.07 $15.4 M 16,082
GULF Middle East Dividend ETF 10.10 $40.5 M 45,551
KBWD KBW High Dividend Yield Financial Portfolio 10.10 $275.4 M 61,822
GUR SPDR S&P Emerging Europe ETF 10.13 $50.1 M 22,332
CHII China Industrials ETF 10.15 $6.1 M 13,552
FXO Financials AlphaDEX Fund 10.22 $1,193.5 M 1,020,772
FILL iShares MSCI Global Energy Producers ETF 10.27 $12.5 M 10,400
RYF S&P Equal Weight Financial ETF 10.36 $136.0 M 73,885
RSX Market Vectors Russia ETF 10.42 $1,393.0 M 12,331,824
KBWP KBW Property & Casualty Insurance Portfolio 10.52 $10.5 M 2,208
IPW SPDR S&P International Energy Sector ETF 10.74 $15.1 M 12,629
FEM Emerging Markets AlphaDEX Fund 10.74 $476.0 M 360,918
VNM Market Vectors Vietnam ETF 10.76 $486.7 M 367,945
EPI India Earnings Fund 10.78 $2,046.7 M 5,074,546
JKI iShares Morningstar Mid-Cap Value ETF 10.84 $225.0 M 7,951
THD MSCI Thailand Capped ETF 10.88 $468.3 M 260,335
SPHB S&P 500 High Beta Portfolio 10.95 $229.4 M 170,491
CHIE China Energy ETF 10.95 $3.3 M 4,769
EEM iShares MSCI Emerging Markets ETF 11.01 $30,760.0 M 63,460,391
RTR ADR Fund 11.10 $23.1 M 7,562
FDD STOXX European Select Dividend Index Fund 11.14 $168.9 M 144,823
SEA Shipping ETF 11.15 $65.5 M 54,928
HAO China Small Cap ETF 11.16 $211.8 M 99,286
PFI DWA Financial Momentum 11.31 $43.8 M 11,017
CARZ NASDAQ Global Auto Index Fund 11.34 $34.6 M 22,391
DGS Emerging Market SmallCap Fund 11.42 $1,578.8 M 227,583
FKO South Korea AlphaDEX Fund 11.44 $3.6 M 1,821
CVY Multi-Asset Income ETF 11.49 $1,112.8 M 333,798
BICK BICK Index Fund 11.51 $14.9 M 1,832
EIS iShares MSCI Israel Capped ETF 11.61 $117.7 M 40,648
AXJS MSCI All Country Asia ex Japan Small Cap Index Fund 11.62 $5.5 M 3,588
FTA Large Cap Value AlphaDEX Fund 11.63 $1,227.9 M 217,675
PWV Dynamic LargeCap Value 11.64 $954.4 M 127,978
VWO Emerging Markets ETF 11.71 $43,860.3 M 13,346,412
RKH Market Vectors Bank and Brokerage ETF 11.73 $15.7 M 2,249
EWU iShares MSCI United Kingdom ETF 11.73 $2,811.5 M 3,034,291
XLF Financial Select Sector SPDR 11.81 $20,520.3 M 39,320,230
FCG ISE-Revere Natural Gas Index Fund 11.81 $254.9 M 1,026,362
AAXJ MSCI All Country Asia ex Japan Index Fund 11.82 $2,915.3 M 868,405
IXG iShares Global Financials ETF 11.82 $332.0 M 91,428
EUFN MSCI Europe Financials Sector Index Fund 11.87 $415.9 M 303,777
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 $665.6 M 79,317
PZI Zacks Micro Cap 11.95 $29.9 M 7,454
ADRA BLDRS Asia 50 ADR Index Fund 11.97 $26.7 M 1,897
ADRE BLDRS Emerging Markets 50 ADR Index Fund 11.97 $213.4 M 21,746
FGD DJ Global Select Dividend Index Fund 11.99 $535.3 M 120,235
JKF Morningstar Large Value Index Fund 12.03 $296.9 M 18,229