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 $493.0 M 501,838
RSXJ Market Vectors Russia Small-Cap ETF 4.85 $69.3 M 65,674
ERUS iShares MSCI Russia Capped ETF 4.99 $261.8 M 414,562
ESR iShares MSCI Emerging Markets Eastern Europe ETF 5.85 $177.8 M 51,186
FXN Energy AlphaDEX Fund 5.97 $329.3 M 563,455
SCIF India Small-Cap Index ETF 6.12 $260.6 M 176,298
CHIX China Financials ETF 6.75 $46.7 M 61,826
EGPT Egypt Index ETF 7.11 $78.3 M 27,148
IDHQ S&P International Developed High Quality Portfolio Fund 7.85 $16.1 M 2,141
FXI iShares China Large-Cap ETF 8.32 $5,590.2 M 20,941,652
PUW WilderHill Progressive Energy Portfolio 8.59 $34.3 M 4,534
EEME MSCI Emerging Markets EMEA Index Fund 8.62 $9.4 M 1,594
CHIM China Materials ETF 8.63 $3.0 M 10,485
FCHI FTSE China (HK Listed) Index Fund 8.96 $28.9 M 4,598
GDXJ Market Vectors Junior Gold Miners ETF 9.16 $2,192.9 M 8,598,907
BKF MSCI BRIC Index Fund 9.20 $339.5 M 119,582
MCHI iShares MSCI China ETF 9.32 $1,183.0 M 534,273
RPV S&P 500 Pure Value ETF 9.33 $1,161.6 M 308,035
GXC SPDR S&P China ETF 9.47 $957.0 M 138,273
BIK SPDR S&P BRIC 40 9.48 $141.2 M 95,105
TUR MSCI Turkey ETF 9.57 $449.1 M 339,788
ECNS iShares MSCI China Small-Cap ETF 9.62 $33.4 M 12,927
AIA iShares Asia 50 ETF 9.67 $312.3 M 41,998
DEM Emerging Markets Equity Income Fund 9.69 $3,267.3 M 414,427
GGGG Pure Gold Miners ETF 9.74 $4.6 M 13,982
YAO China All-Cap ETF 9.77 $51.6 M 23,182
EWY iShares MSCI South Korea Capped ETF 9.90 $4,497.9 M 2,530,053
EDIV SPDR S&P Emerging Markets Dividend ETF 9.91 $458.9 M 99,871
AFK Market Vectors-Africa Index ETF 9.96 $110.0 M 36,762
RWW Financials Sector Fund 9.99 $32.4 M 4,741
FCA China AlphaDEX Fund 10.07 $6.6 M 3,427
GULF Middle East Dividend ETF 10.10 $58.6 M 36,082
KBWD KBW High Dividend Yield Financial Portfolio 10.10 $265.2 M 59,965
GUR SPDR S&P Emerging Europe ETF 10.13 $61.1 M 21,302
CHII China Industrials ETF 10.15 $3.1 M 7,487
FXO Financials AlphaDEX Fund 10.22 $619.6 M 737,261
FILL iShares MSCI Global Energy Producers ETF 10.27 $7.1 M 8,760
RYF S&P Equal Weight Financial ETF 10.36 $129.4 M 52,565
RSX Market Vectors Russia ETF 10.42 $1,990.8 M 8,416,802
KBWP KBW Property & Casualty Insurance Portfolio 10.52 $10.0 M 1,331
UGEM Utilities GEMS ETF 10.68 $0.8 M 4,958
IPW SPDR S&P International Energy Sector ETF 10.74 $15.2 M 8,215
FEM Emerging Markets AlphaDEX Fund 10.74 $396.0 M 294,324
VNM Market Vectors Vietnam ETF 10.76 $558.8 M 325,718
EPI India Earnings Fund 10.78 $2,012.2 M 4,666,229
AGEM GEMS Composite ETF 10.78 $11.3 M 8,445
JKI iShares Morningstar Mid-Cap Value ETF 10.84 $211.7 M 9,708
THD MSCI Thailand Capped ETF 10.88 $513.8 M 254,730
CHIE China Energy ETF 10.95 $4.5 M 6,627
SPHB S&P 500 High Beta Portfolio 10.95 $217.3 M 161,371
EEM iShares MSCI Emerging Markets ETF 11.01 $35,940.6 M 61,964,273
RTR ADR Fund 11.10 $22.2 M 3,709
FDD STOXX European Select Dividend Index Fund 11.14 $152.7 M 176,742
SEA Shipping ETF 11.15 $84.6 M 47,236
HAO China Small Cap ETF 11.16 $207.8 M 84,470
PFI DWA Financial Momentum 11.31 $32.6 M 5,579
CARZ NASDAQ Global Auto Index Fund 11.34 $53.7 M 21,005
DGS Emerging Market SmallCap Fund 11.42 $1,815.2 M 178,868
FKO South Korea AlphaDEX Fund 11.44 $4.1 M 5,304
CVY Multi-Asset Income ETF 11.49 $1,169.6 M 229,197
BICK BICK Index Fund 11.51 $17.2 M 1,583
EIS iShares MSCI Israel Capped ETF 11.61 $133.1 M 36,676
AXJS MSCI All Country Asia ex Japan Small Cap Index Fund 11.62 $5.7 M 1,608
FTA Large Cap Value AlphaDEX Fund 11.63 $1,172.2 M 196,327
PWV Dynamic LargeCap Value 11.64 $880.5 M 121,029
VWO Emerging Markets ETF 11.71 $46,240.2 M 11,765,920
EWU iShares MSCI United Kingdom ETF 11.73 $3,176.6 M 3,428,077
RKH Market Vectors Bank and Brokerage ETF 11.73 $15.1 M 1,022
XLF Financial Select Sector SPDR 11.81 $17,984.0 M 39,491,828
FCG ISE-Revere Natural Gas Index Fund 11.81 $332.1 M 546,123
AAXJ MSCI All Country Asia ex Japan Index Fund 11.82 $2,644.8 M 591,094
IXG iShares Global Financials ETF 11.82 $278.3 M 40,333
EUFN MSCI Europe Financials Sector Index Fund 11.87 $397.0 M 270,447
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 $686.0 M 97,380
PZI Zacks Micro Cap 11.95 $32.9 M 28,035
ADRA BLDRS Asia 50 ADR Index Fund 11.97 $26.2 M 9,211
ADRE BLDRS Emerging Markets 50 ADR Index Fund 11.97 $213.6 M 25,623
FGD DJ Global Select Dividend Index Fund 11.99 $540.9 M 127,139
EWX SPDR S&P Emerging Markets Small Cap ETF 12.03 $510.1 M 98,800