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 $482.4 M 502,408
RSXJ Market Vectors Russia Small-Cap ETF 4.85 $50.7 M 44,086
ERUS iShares MSCI Russia Capped ETF 4.99 $224.3 M 513,056
ESR iShares MSCI Emerging Markets Eastern Europe ETF 5.85 $120.6 M 74,643
FXN Energy AlphaDEX Fund 5.97 $222.7 M 379,902
SCIF India Small-Cap Index ETF 6.12 $293.2 M 128,370
CHIX China Financials ETF 6.75 $93.3 M 88,763
EGPT Egypt Index ETF 7.11 $50.4 M 12,003
IDHQ S&P International Developed High Quality Portfolio Fund 7.85 $16.4 M 2,873
FXI iShares China Large-Cap ETF 8.32 $6,120.2 M 17,946,844
PUW WilderHill Progressive Energy Portfolio 8.59 $30.1 M 5,071
EEME MSCI Emerging Markets EMEA Index Fund 8.62 $8.8 M 1,768
CHIM China Materials ETF 8.63 $2.2 M 3,196
FCHI FTSE China (HK Listed) Index Fund 8.96 $26.4 M 2,847
GDXJ Market Vectors Junior Gold Miners ETF 9.16 $1,918.9 M 21,038,527
BKF MSCI BRIC Index Fund 9.20 $285.9 M 68,532
MCHI iShares MSCI China ETF 9.32 $1,360.0 M 438,987
RPV S&P 500 Pure Value ETF 9.33 $1,074.6 M 243,097
GXC SPDR S&P China ETF 9.47 $1,070.8 M 181,446
BIK SPDR S&P BRIC 40 9.48 $120.8 M 56,273
TUR MSCI Turkey ETF 9.57 $602.8 M 347,843
ECNS iShares MSCI China Small-Cap ETF 9.62 $31.3 M 9,024
AIA iShares Asia 50 ETF 9.67 $345.0 M 40,948
DEM Emerging Markets Equity Income Fund 9.69 $2,211.7 M 896,221
YAO China All-Cap ETF 9.77 $53.1 M 14,194
EWY iShares MSCI South Korea Capped ETF 9.90 $4,201.8 M 2,753,551
EDIV SPDR S&P Emerging Markets Dividend ETF 9.91 $443.8 M 136,090
AFK Market Vectors-Africa Index ETF 9.96 $93.5 M 40,822
RWW Financials Sector Fund 9.99 $32.8 M 5,095
FCA China AlphaDEX Fund 10.07 $16.1 M 17,097
KBWD KBW High Dividend Yield Financial Portfolio 10.10 $275.6 M 61,630
GULF Middle East Dividend ETF 10.10 $39.1 M 29,952
GUR SPDR S&P Emerging Europe ETF 10.13 $48.2 M 25,797
CHII China Industrials ETF 10.15 $6.2 M 12,147
FXO Financials AlphaDEX Fund 10.22 $659.4 M 1,109,214
FILL iShares MSCI Global Energy Producers ETF 10.27 $18.3 M 21,948
RYF S&P Equal Weight Financial ETF 10.36 $172.9 M 90,775
RSX Market Vectors Russia ETF 10.42 $1,395.8 M 17,887,148
KBWP KBW Property & Casualty Insurance Portfolio 10.52 $10.6 M 2,175
FEM Emerging Markets AlphaDEX Fund 10.74 $440.5 M 400,087
IPW SPDR S&P International Energy Sector ETF 10.74 $22.0 M 21,529
VNM Market Vectors Vietnam ETF 10.76 $479.0 M 362,798
EPI India Earnings Fund 10.78 $2,371.2 M 4,777,600
JKI iShares Morningstar Mid-Cap Value ETF 10.84 $221.5 M 7,273
THD MSCI Thailand Capped ETF 10.88 $481.9 M 237,800
CHIE China Energy ETF 10.95 $3.4 M 1,369
SPHB S&P 500 High Beta Portfolio 10.95 $240.1 M 109,092
EEM iShares MSCI Emerging Markets ETF 11.01 $31,758.3 M 55,638,309
RTR ADR Fund 11.10 $23.1 M 7,231
FDD STOXX European Select Dividend Index Fund 11.14 $169.9 M 117,702
SEA Shipping ETF 11.15 $61.5 M 36,025
HAO China Small Cap ETF 11.16 $208.2 M 82,352
PFI DWA Financial Momentum 11.31 $42.2 M 16,667
CARZ NASDAQ Global Auto Index Fund 11.34 $30.3 M 14,147
DGS Emerging Market SmallCap Fund 11.42 $1,525.0 M 268,737
FKO South Korea AlphaDEX Fund 11.44 $3.7 M 1,559
CVY Multi-Asset Income ETF 11.49 $1,020.2 M 339,730
BICK BICK Index Fund 11.51 $13.6 M 3,935
EIS iShares MSCI Israel Capped ETF 11.61 $111.0 M 38,237
AXJS MSCI All Country Asia ex Japan Small Cap Index Fund 11.62 $5.6 M 2,830
FTA Large Cap Value AlphaDEX Fund 11.63 $1,178.7 M 200,338
PWV Dynamic LargeCap Value 11.64 $986.8 M 128,397
VWO Emerging Markets ETF 11.71 $46,401.7 M 13,380,438
RKH Market Vectors Bank and Brokerage ETF 11.73 $15.7 M 2,249
EWU iShares MSCI United Kingdom ETF 11.73 $2,912.2 M 3,248,752
XLF Financial Select Sector SPDR 11.81 $18,027.0 M 31,994,148
FCG ISE-Revere Natural Gas Index Fund 11.81 $235.9 M 1,260,462
AAXJ MSCI All Country Asia ex Japan Index Fund 11.82 $3,303.8 M 1,094,916
IXG iShares Global Financials ETF 11.82 $255.4 M 86,590
EUFN MSCI Europe Financials Sector Index Fund 11.87 $365.1 M 285,768
GMF SPDR S&P Emerging Asia Pacific ETF 11.92 $681.9 M 98,025
PZI Zacks Micro Cap 11.95 $29.9 M 5,016
ADRA BLDRS Asia 50 ADR Index Fund 11.97 $25.9 M 1,461
ADRE BLDRS Emerging Markets 50 ADR Index Fund 11.97 $187.7 M 15,316
FGD DJ Global Select Dividend Index Fund 11.99 $527.7 M 114,922
JKF Morningstar Large Value Index Fund 12.03 $298.2 M 12,098