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
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 2.00 $670.9 M 68,005
FCG First Trust ISE-Revere Natural Gas Index Fund 3.53 $206.3 M 1,045,283
YMLP VanEck Vectors High Income MLP ETF 3.75 $90.3 M 167,126
IYZ iShares U.S. Telecommunications ETF 5.64 $684.4 M 440,197
SOCL Social Media Index ETF 5.81 $62.0 M 19,715
MES VanEck Vectors Gulf States Index ETF 6.20 $6.6 M 1,226
CHIX Global X China Financials ETF 6.25 $15.3 M 10,045
FHK First Trust Hong Kong AlphaDEX Fund 6.56 $7.7 M 2,395
RSXJ VanEck Vectors Russia Small-Cap ETF 6.87 $46.9 M 29,262
RBL SPDR S&P Russia ETF 7.12 $22.9 M 7,184
RSX VanEck Vectors Russia ETF 7.28 $1,815.5 M 11,961,738
CARZ First Trust NASDAQ Global Auto Index Fund 7.58 $39.6 M 5,944
NGE Global X MSCI Nigeria ETF 7.84 $26.7 M 89,494
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 7.86 $57.3 M 25,308
FBZ First Trust Brazil AlphaDEX Fund 7.90 $2.7 M 2,251
YINN Direxion Daily FTSE China Bull 3x Shares ETF 7.92 $126.3 M 1,440,926
JETS U.S. Global Jets ETF 7.99 $51.3 M 35,808
KBWD PowerShares KBW High Dividend Yield Financial Portfolio ETF 8.01 $193.1 M 45,029
BBC BioShares Biotechnology Clinical Trials Fund 8.11 $27.6 M 14,557
DXJF WisdomTree Japan Hedged Financials Fund 8.19 $11.7 M 10,432
GUR SPDR S&P Emerging Europe ETF 8.27 $48.5 M 47,563
PAK Global X MSCI Pakistan ETF 8.37 $6.5 M 3,892
FCA First Trust China AlphaDEX Fund 8.41 $3.6 M 9,697
HDRW WisdomTree Global ex-U.S. Hedged Real Estate Fund 8.42 $2.4 M 416
IDXJ VanEck Vectors Indonesia Small-Cap ETF 8.47 $5.6 M 2,304
FNDE Schwab Fundamental Emerging Markets Large Company Index ETF 8.47 $476.8 M 130,057
VNM VanEck Vectors Vietnam ETF 8.48 $330.2 M 236,715
FEM First Trust Emerging Markets AlphaDEX Fund 8.57 $105.2 M 49,131
HDEE Deutsche X-trackers MSCI All World ex US High Dividend Yield Hedged Equity ETF 8.72 $2.1 M 136
SEA Guggenheim Shipping ETF 8.90 $36.5 M 48,051
EWH iShares MSCI Hong Kong ETF 8.92 $1,551.0 M 2,930,089
KWT VanEck Vectors Solar Energy ETF 9.14 $13.7 M 1,165
FPA First Trust Asia Pacific Ex-Japan AlphaDEX Fund 9.33 $30.7 M 6,232
AFK VanEck Vectors Africa Index ETF 9.39 $75.2 M 48,274
BIK SPDR S&P BRIC 40 ETF 9.49 $68.4 M 9,186
FKO First Trust South Korea AlphaDEX Fund 9.53 $2.3 M 10,119
PXH PowerShares FTSE RAFI Emerging Markets Portfolio ETF 9.56 $393.1 M 259,952
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 9.73 $6.6 M 1,147
QQQC Global X NASDAQ China Technology ETF 9.79 $12.0 M 2,930
DEM WisdomTree Emerging Markets High Dividend Fund 9.81 $1,269.0 M 264,585
EDIV SPDR S&P Emerging Markets Dividend ETF 9.83 $252.4 M 103,306
EGPT VanEck Vectors Egypt Index ETF 9.85 $29.2 M 13,503
YAO Guggenheim China All-Cap ETF 9.90 $20.5 M 6,651
GXC SPDR S&P China ETF 9.96 $667.3 M 66,888
AND Global X FTSE Andean 40 ETF 9.96 $3.7 M 1,376
GULF WisdomTree Middle East Dividend Fund 9.98 $22.8 M 10,471
FDT First Trust Developed Markets Ex-US AlphaDEX Fund 10.00 $218.3 M 52,460
HILO EGShares EM Quality Dividend ETF 10.02 $14.8 M 5,208
SDEM SuperDividend Emerging Markets ETF 10.07 $3.2 M 1,966
FRN Guggenheim Frontier Markets ETF 10.11 $39.9 M 8,618
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 10.12 $861.2 M 82,126
PLND VanEck Vectors Poland ETF 10.13 $13.5 M 6,829
CN Deutsche X-trackers MSCI All China Equity ETF 10.16 $6.8 M 861
HAO Guggenheim China Small Cap ETF 10.20 $92.9 M 34,766
GREK The Global X MSCI Greece ETF 10.27 $281.2 M 465,837
TAN Guggenheim Solar ETF 10.30 $231.0 M 93,502
IVAL ValueShares International Quantitative Value ETF 10.35 $28.0 M 8,220
FTW First Trust Taiwan AlphaDEX Fund 10.36 $4.3 M 1,760
EMFT SPDR MSCI EM 50 ETF 10.36 $3.9 M 696
DBKO Deutsche X-trackers MSCI South Korea Hedged Equity ETF 10.47 $116.6 M 175,335
KORU Direxion Daily South Korea Bull 3X Shares ETF 10.49 $4.2 M 2,502
HKOR Horizons Korea KOSPI 200 ETF 10.62 $1.7 M 2,481
BICK BICK Index Fund 10.63 $7.6 M 964
KOL VanEck Vectors Coal ETF 10.68 $51.5 M 67,977
MOTI VanEck Vectors Morningstar International Moat ETF 10.70 $12.3 M 882
QKOR SPDR MSCI Japan Quality Mix ETF 10.78 $2.5 M 8,840
EMSD WisdomTree Strong Dollar Emerging Markets Equity Fund 10.79 $7.0 M 675
ASHR Deutsche X-trackers Harvest CSI 300 China A-Shares ETF 10.81 $316.0 M 1,638,839
BRAQ Global X Brazil Consumer ETF 10.84 $3.5 M 1,333
FWDI Madrona Forward International ETF 10.89 $15.6 M 5,737
EFNL iShares MSCI Finland Capped ETF 10.93 $36.9 M 28,669
ASHX Deutsche X-trackers CSI 300 China A-Shares Hedged Equity ETF 10.95 $2.1 M 1,173
DXJC WisdomTree Japan Hedged Capital Goods Fund 10.98 $3.2 M 1,517
FCFI TrimTabs International Free-Cash-Flow ETF 11.01 $13.1 M 2,069
FKU First Trust United Kingdom AlphaDEX Fund 11.01 $161.3 M 22,092
GVAL Cambria Global Value ETF 11.06 $69.2 M 16,477
DBBR Deutsche X-trackers MSCI Brazil Hedged Equity ETF 11.08 $3.2 M 4,591