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 $571.8 M 480,552
RSXJ Market Vectors Russia Small-Cap ETF 4.85 $70.9 M 50,021
ERUS iShares MSCI Russia Capped ETF 4.99 $276.4 M 352,258
ESR iShares MSCI Emerging Markets Eastern Europe ETF 5.85 $185.1 M 53,292
FXN Energy AlphaDEX Fund 5.97 $312.8 M 492,074
SCIF India Small-Cap Index ETF 6.12 $280.4 M 147,482
CHIX China Financials ETF 6.75 $50.1 M 22,248
EGPT Egypt Index ETF 7.11 $69.3 M 26,977
IDHQ S&P International Developed High Quality Portfolio Fund 7.85 $16.5 M 2,255
FXI iShares China Large-Cap ETF 8.32 $5,732.0 M 20,013,717
PUW WilderHill Progressive Energy Portfolio 8.59 $36.2 M 5,232
EEME MSCI Emerging Markets EMEA Index Fund 8.62 $9.8 M 1,327
CHIM China Materials ETF 8.63 $3.1 M 9,104
FCHI FTSE China (HK Listed) Index Fund 8.96 $29.6 M 4,047
GDXJ Market Vectors Junior Gold Miners ETF 9.16 $1,859.9 M 14,122,785
BKF MSCI BRIC Index Fund 9.20 $341.3 M 102,721
MCHI iShares MSCI China ETF 9.32 $1,257.4 M 520,202
RPV S&P 500 Pure Value ETF 9.33 $1,310.8 M 310,685
GXC SPDR S&P China ETF 9.47 $1,025.7 M 130,600
BIK SPDR S&P BRIC 40 9.48 $147.3 M 66,730
TUR MSCI Turkey ETF 9.57 $469.9 M 336,141
ECNS iShares MSCI China Small-Cap ETF 9.62 $34.0 M 7,033
AIA iShares Asia 50 ETF 9.67 $325.1 M 28,935
DEM Emerging Markets Equity Income Fund 9.69 $3,151.0 M 494,627
YAO China All-Cap ETF 9.77 $53.6 M 19,874
EWY iShares MSCI South Korea Capped ETF 9.90 $4,449.6 M 2,559,879
EDIV SPDR S&P Emerging Markets Dividend ETF 9.91 $460.1 M 120,606
AFK Market Vectors-Africa Index ETF 9.96 $110.1 M 34,900
RWW Financials Sector Fund 9.99 $34.9 M 4,082
FCA China AlphaDEX Fund 10.07 $16.3 M 15,385
KBWD KBW High Dividend Yield Financial Portfolio 10.10 $283.6 M 61,403
GULF Middle East Dividend ETF 10.10 $55.4 M 39,103
GUR SPDR S&P Emerging Europe ETF 10.13 $62.0 M 18,036
CHII China Industrials ETF 10.15 $6.1 M 8,664
FXO Financials AlphaDEX Fund 10.22 $650.5 M 615,039
FILL iShares MSCI Global Energy Producers ETF 10.27 $7.3 M 3,992
RYF S&P Equal Weight Financial ETF 10.36 $152.4 M 69,127
RSX Market Vectors Russia ETF 10.42 $2,142.9 M 8,451,555
KBWP KBW Property & Casualty Insurance Portfolio 10.52 $10.6 M 2,279
IPW SPDR S&P International Energy Sector ETF 10.74 $15.3 M 7,017
FEM Emerging Markets AlphaDEX Fund 10.74 $557.4 M 397,402
VNM Market Vectors Vietnam ETF 10.76 $532.5 M 349,476
EPI India Earnings Fund 10.78 $2,308.4 M 4,561,074
JKI iShares Morningstar Mid-Cap Value ETF 10.84 $225.0 M 9,644
THD MSCI Thailand Capped ETF 10.88 $564.4 M 237,953
SPHB S&P 500 High Beta Portfolio 10.95 $243.5 M 166,765
CHIE China Energy ETF 10.95 $3.6 M 6,440
EEM iShares MSCI Emerging Markets ETF 11.01 $36,834.7 M 62,094,844
RTR ADR Fund 11.10 $23.0 M 6,217
FDD STOXX European Select Dividend Index Fund 11.14 $169.3 M 143,942
SEA Shipping ETF 11.15 $76.7 M 52,012
HAO China Small Cap ETF 11.16 $224.0 M 86,670
PFI DWA Financial Momentum 11.31 $44.2 M 10,809
CARZ NASDAQ Global Auto Index Fund 11.34 $47.1 M 22,965
DGS Emerging Market SmallCap Fund 11.42 $1,796.1 M 199,379
FKO South Korea AlphaDEX Fund 11.44 $3.7 M 2,638
CVY Multi-Asset Income ETF 11.49 $1,186.8 M 246,142
BICK BICK Index Fund 11.51 $17.6 M 1,809
EIS iShares MSCI Israel Capped ETF 11.61 $124.3 M 32,335
AXJS MSCI All Country Asia ex Japan Small Cap Index Fund 11.62 $5.8 M 2,219
FTA Large Cap Value AlphaDEX Fund 11.63 $1,282.0 M 203,859
PWV Dynamic LargeCap Value 11.64 $969.5 M 125,317
VWO Emerging Markets ETF 11.71 $47,973.2 M 11,877,736
EWU iShares MSCI United Kingdom ETF 11.73 $3,097.3 M 3,363,379
RKH Market Vectors Bank and Brokerage ETF 11.73 $16.0 M 1,659
XLF Financial Select Sector SPDR 11.81 $18,594.2 M 37,658,219
FCG ISE-Revere Natural Gas Index Fund 11.81 $353.7 M 717,242
AAXJ MSCI All Country Asia ex Japan Index Fund 11.82 $2,712.4 M 687,401
IXG iShares Global Financials ETF 11.82 $314.7 M 63,565
EUFN MSCI Europe Financials Sector Index Fund 11.87 $402.1 M 337,061
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 $707.8 M 102,000
PZI Zacks Micro Cap 11.95 $30.6 M 7,756
ADRA BLDRS Asia 50 ADR Index Fund 11.97 $26.2 M 3,879
ADRE BLDRS Emerging Markets 50 ADR Index Fund 11.97 $213.6 M 23,802
FGD DJ Global Select Dividend Index Fund 11.99 $558.4 M 115,985
EWX SPDR S&P Emerging Markets Small Cap ETF 12.03 $511.4 M 93,385