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 $566.1 M 594,305
RSXJ Market Vectors Russia Small-Cap ETF 4.85 $33.1 M 45,356
ERUS iShares MSCI Russia Capped ETF 4.99 $273.9 M 686,062
ESR iShares MSCI Emerging Markets Eastern Europe ETF 5.85 $137.1 M 24,533
FXN Energy AlphaDEX Fund 5.97 $633.3 M 685,078
SCIF India Small-Cap Index ETF 6.12 $184.6 M 102,602
CHIX China Financials ETF 6.75 $21.0 M 85,944
EGPT Egypt Index ETF 7.11 $70.4 M 23,508
IDHQ S&P International Developed High Quality Portfolio Fund 7.85 $21.8 M 1,656
FGEM Financials GEMS ETF 8.11 $3.0 M 12,176
FXI iShares China Large-Cap ETF 8.32 $4,945.4 M 27,887,996
PUW WilderHill Progressive Energy Portfolio 8.59 $45.2 M 5,749
EEME MSCI Emerging Markets EMEA Index Fund 8.62 $10.1 M 6,353
CHIM China Materials ETF 8.63 $2.2 M 1,496
FCHI FTSE China (HK Listed) Index Fund 8.96 $27.8 M 2,620
GDXJ Market Vectors Junior Gold Miners ETF 9.16 $1,910.7 M 3,740,784
BKF MSCI BRIC Index Fund 9.20 $392.6 M 100,192
MCHI iShares MSCI China ETF 9.32 $990.6 M 536,903
RPV S&P 500 Pure Value ETF 9.33 $726.3 M 191,652
GXC SPDR S&P China ETF 9.47 $786.2 M 156,295
BIK SPDR S&P BRIC 40 9.48 $160.2 M 112,654
EMFN MSCI Emerging Markets Financials Sector Index Fund 9.54 $6.2 M 928
TUR MSCI Turkey ETF 9.57 $624.9 M 593,854
ECNS iShares MSCI China Small-Cap ETF 9.62 $32.3 M 6,106
AIA iShares Asia 50 ETF 9.67 $271.7 M 20,703
DEM Emerging Markets Equity Income Fund 9.69 $3,923.7 M 785,614
GGGG Pure Gold Miners ETF 9.74 $4.3 M 6,097
YAO China All-Cap ETF 9.77 $56.3 M 19,187
EWY iShares MSCI South Korea Capped ETF 9.90 $4,389.1 M 3,229,752
EDIV SPDR S&P Emerging Markets Dividend ETF 9.91 $485.7 M 116,076
AFK Market Vectors-Africa Index ETF 9.96 $115.4 M 26,976
RWW Financials Sector Fund 9.99 $30.6 M 3,697
FCA China AlphaDEX Fund 10.07 $4.4 M 2,525
KBWD KBW High Dividend Yield Financial Portfolio 10.10 $240.6 M 51,556
GULF Middle East Dividend ETF 10.10 $71.9 M 53,733
GUR SPDR S&P Emerging Europe ETF 10.13 $76.8 M 26,702
CHII China Industrials ETF 10.15 $4.2 M 1,267
FXO Financials AlphaDEX Fund 10.22 $908.5 M 572,333
FILL iShares MSCI Global Energy Producers ETF 10.27 $5.3 M 1,548
RYF S&P Equal Weight Financial ETF 10.36 $117.2 M 51,037
RSX Market Vectors Russia ETF 10.42 $1,357.1 M 7,216,014
KBWP KBW Property & Casualty Insurance Portfolio 10.52 $11.2 M 5,490
UGEM Utilities GEMS ETF 10.68 $0.8 M 4,958
FEM Emerging Markets AlphaDEX Fund 10.74 $339.5 M 433,454
IPW SPDR S&P International Energy Sector ETF 10.74 $13.5 M 4,081
VNM Market Vectors Vietnam ETF 10.76 $513.0 M 453,490
AGEM GEMS Composite ETF 10.78 $11.3 M 8,445
EPI India Earnings Fund 10.78 $983.0 M 4,422,381
JKI iShares Morningstar Mid-Cap Value ETF 10.84 $184.6 M 11,063
THD MSCI Thailand Capped ETF 10.88 $556.0 M 263,121
SPHB S&P 500 High Beta Portfolio 10.95 $241.4 M 322,152
CHIE China Energy ETF 10.95 $3.7 M 1,422
EEM iShares MSCI Emerging Markets ETF 11.01 $36,382.7 M 79,465,023
AXEN iShares MSCI ACWI ex U.S. Energy ETF 11.09 $5.2 M 3,715
RTR ADR Fund 11.10 $23.7 M 1,923
FDD STOXX European Select Dividend Index Fund 11.14 $114.4 M 60,040
SEA Shipping ETF 11.15 $115.6 M 137,960
HAO China Small Cap ETF 11.16 $230.3 M 116,994
PFI DWA Financial Momentum 11.31 $35.1 M 10,267
CARZ NASDAQ Global Auto Index Fund 11.34 $59.3 M 18,960
DGS Emerging Market SmallCap Fund 11.42 $1,848.7 M 181,013
FKO South Korea AlphaDEX Fund 11.44 $5.4 M 1,902
CVY Multi-Asset Income ETF 11.49 $1,227.9 M 203,895
BICK BICK Index Fund 11.51 $17.7 M 3,068
EIS iShares MSCI Israel Capped ETF 11.61 $131.4 M 83,122
AXJS MSCI All Country Asia ex Japan Small Cap Index Fund 11.62 $5.8 M 14,566
FTA Large Cap Value AlphaDEX Fund 11.63 $773.7 M 102,014
PWV Dynamic LargeCap Value 11.64 $767.7 M 93,348
VWO Emerging Markets ETF 11.71 $43,797.9 M 19,731,410
RKH Market Vectors Bank and Brokerage ETF 11.73 $15.2 M 1,367
EWU iShares MSCI United Kingdom ETF 11.73 $4,122.0 M 3,095,957
XLF Financial Select Sector SPDR 11.81 $17,349.7 M 49,271,895
FCG ISE-Revere Natural Gas Index Fund 11.81 $478.6 M 495,989
IXG iShares Global Financials ETF 11.82 $313.6 M 52,108
AAXJ MSCI All Country Asia ex Japan Index Fund 11.82 $2,351.4 M 687,310
EUFN MSCI Europe Financials Sector Index Fund 11.87 $489.0 M 234,667
AXUT iShares MSCI ACWI ex U.S. Utilities ETF 11.88 $6.8 M 2,675
AXFN MSCI ACWI ex US Financials Sector Index Fund 11.89 $5.0 M 1,618
GMF SPDR S&P Emerging Asia Pacific ETF 11.92 $415.0 M 38,113
PZI Zacks Micro Cap 11.95 $61.8 M 19,921
ADRE BLDRS Emerging Markets 50 ADR Index Fund 11.97 $212.9 M 24,944
ADRA BLDRS Asia 50 ADR Index Fund 11.97 $26.7 M 5,814
FGD DJ Global Select Dividend Index Fund 11.99 $494.8 M 72,756
JKF Morningstar Large Value Index Fund 12.03 $281.8 M 11,098