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 $501.2 M 410,395
RSXJ Market Vectors Russia Small-Cap ETF 4.85 $70.5 M 63,271
ERUS iShares MSCI Russia Capped ETF 4.99 $284.4 M 389,009
ESR iShares MSCI Emerging Markets Eastern Europe ETF 5.85 $183.8 M 49,462
FXN Energy AlphaDEX Fund 5.97 $320.2 M 530,494
SCIF India Small-Cap Index ETF 6.12 $268.2 M 169,936
CHIX China Financials ETF 6.75 $47.8 M 62,488
EGPT Egypt Index ETF 7.11 $77.7 M 28,180
IDHQ S&P International Developed High Quality Portfolio Fund 7.85 $16.4 M 2,106
FXI iShares China Large-Cap ETF 8.32 $5,661.9 M 20,618,969
PUW WilderHill Progressive Energy Portfolio 8.59 $35.5 M 4,789
EEME MSCI Emerging Markets EMEA Index Fund 8.62 $9.8 M 1,445
CHIM China Materials ETF 8.63 $2.9 M 11,339
FCHI FTSE China (HK Listed) Index Fund 8.96 $29.8 M 4,535
GDXJ Market Vectors Junior Gold Miners ETF 9.16 $1,845.8 M 9,240,394
BKF MSCI BRIC Index Fund 9.20 $347.0 M 122,871
MCHI iShares MSCI China ETF 9.32 $1,210.8 M 545,450
RPV S&P 500 Pure Value ETF 9.33 $1,258.9 M 316,992
GXC SPDR S&P China ETF 9.47 $973.2 M 131,870
BIK SPDR S&P BRIC 40 9.48 $145.7 M 85,208
TUR MSCI Turkey ETF 9.57 $471.4 M 343,073
ECNS iShares MSCI China Small-Cap ETF 9.62 $33.2 M 12,155
AIA iShares Asia 50 ETF 9.67 $318.6 M 41,927
DEM Emerging Markets Equity Income Fund 9.69 $3,295.9 M 434,379
YAO China All-Cap ETF 9.77 $52.6 M 23,303
EWY iShares MSCI South Korea Capped ETF 9.90 $4,588.6 M 2,554,032
EDIV SPDR S&P Emerging Markets Dividend ETF 9.91 $457.3 M 101,292
AFK Market Vectors-Africa Index ETF 9.96 $109.5 M 36,205
RWW Financials Sector Fund 9.99 $33.7 M 5,008
FCA China AlphaDEX Fund 10.07 $6.8 M 2,903
GULF Middle East Dividend ETF 10.10 $58.5 M 38,245
KBWD KBW High Dividend Yield Financial Portfolio 10.10 $269.9 M 61,600
GUR SPDR S&P Emerging Europe ETF 10.13 $62.4 M 18,374
CHII China Industrials ETF 10.15 $5.2 M 7,924
FXO Financials AlphaDEX Fund 10.22 $617.9 M 687,912
FILL iShares MSCI Global Energy Producers ETF 10.27 $7.2 M 8,060
RYF S&P Equal Weight Financial ETF 10.36 $128.0 M 62,302
RSX Market Vectors Russia ETF 10.42 $2,125.0 M 8,541,821
KBWP KBW Property & Casualty Insurance Portfolio 10.52 $10.2 M 1,284
UGEM Utilities GEMS ETF 10.68 $0.8 M 4,958
IPW SPDR S&P International Energy Sector ETF 10.74 $15.2 M 8,345
FEM Emerging Markets AlphaDEX Fund 10.74 $405.8 M 294,302
VNM Market Vectors Vietnam ETF 10.76 $543.3 M 323,798
EPI India Earnings Fund 10.78 $2,092.8 M 4,762,274
AGEM GEMS Composite ETF 10.78 $11.3 M 8,445
JKI iShares Morningstar Mid-Cap Value ETF 10.84 $217.6 M 9,741
THD MSCI Thailand Capped ETF 10.88 $525.7 M 250,385
CHIE China Energy ETF 10.95 $4.5 M 6,718
SPHB S&P 500 High Beta Portfolio 10.95 $229.3 M 168,356
EEM iShares MSCI Emerging Markets ETF 11.01 $36,694.5 M 64,646,191
RTR ADR Fund 11.10 $22.7 M 3,780
FDD STOXX European Select Dividend Index Fund 11.14 $156.2 M 177,318
SEA Shipping ETF 11.15 $84.3 M 47,797
HAO China Small Cap ETF 11.16 $209.0 M 84,995
PFI DWA Financial Momentum 11.31 $34.1 M 5,623
CARZ NASDAQ Global Auto Index Fund 11.34 $47.1 M 22,008
DGS Emerging Market SmallCap Fund 11.42 $1,840.2 M 183,277
FKO South Korea AlphaDEX Fund 11.44 $4.0 M 3,496
CVY Multi-Asset Income ETF 11.49 $1,179.4 M 237,638
BICK BICK Index Fund 11.51 $17.5 M 1,626
EIS iShares MSCI Israel Capped ETF 11.61 $130.8 M 36,168
AXJS MSCI All Country Asia ex Japan Small Cap Index Fund 11.62 $5.8 M 1,892
FTA Large Cap Value AlphaDEX Fund 11.63 $1,236.3 M 209,948
PWV Dynamic LargeCap Value 11.64 $915.7 M 121,895
VWO Emerging Markets ETF 11.71 $47,534.2 M 12,053,201
EWU iShares MSCI United Kingdom ETF 11.73 $3,138.3 M 3,571,848
RKH Market Vectors Bank and Brokerage ETF 11.73 $15.6 M 1,416
XLF Financial Select Sector SPDR 11.81 $18,086.3 M 39,808,723
FCG ISE-Revere Natural Gas Index Fund 11.81 $328.4 M 569,318
AAXJ MSCI All Country Asia ex Japan Index Fund 11.82 $2,719.8 M 623,639
IXG iShares Global Financials ETF 11.82 $285.2 M 42,736
EUFN MSCI Europe Financials Sector Index Fund 11.87 $405.2 M 273,753
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 $697.7 M 97,832
PZI Zacks Micro Cap 11.95 $34.4 M 21,139
ADRA BLDRS Asia 50 ADR Index Fund 11.97 $26.2 M 6,722
ADRE BLDRS Emerging Markets 50 ADR Index Fund 11.97 $213.6 M 24,950
FGD DJ Global Select Dividend Index Fund 11.99 $552.5 M 128,814
EWX SPDR S&P Emerging Markets Small Cap ETF 12.03 $513.8 M 97,224