AdvisorShares Dorsey Wright ADR ETF
ALTAR
Score™		 8.7% info Recommen-
dation		 NEUTRAL
2023E    2024E
P/E
ratio		 8.2x P/Sales
ratio		 0.8x
P/BV
ratio		 0.8x Div.
yield		 3.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
AADR is an actively managed ETF that seeks long-term capital appreciation above international benchmarks such as the BNY Mellon Classic ADR Index and the MSCI EAFE Index. The fund invests in a concentrated, high-quality, large-cap growth portfolio for the non-U.S. universe.

FUND BASICS
Category International Equities
Fund Sponsor AdvisorShares Trust
Website
Inception date Jul 20, 2010
Assets (mns) $28
Currency USD
Expense ratio 110 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Proprietary
Index replication n/a
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 38
Wgt avg mkt cap (mns) $8,309
Large cap (>$10bn) 31.3%
Mid cap ($2-10bn) 14.4%
Small cap (<$2bn) 3.0%
Developed mkts 51.1%
Emerging mkts 48.9%

TOP TEN HOLDINGS
NOVO-NORDISK A/S-SPONS ADR 5.4 %
TENARIS SA-ADR 3.8 %
ABB LTD-SPON ADR 3.2 %
UBS GROUP AG 3.2 %
RELX PLC SPONSORED ADR 3.1 %
AMERICA MOVIL SAB DE CV SPONSORED 3.1 %
MITSUBISHI UFJ FINL GRP-ADR 3.0 %
GENMAB A/S SPONSORED ADR 2.9 %
YPF S.A.-SPONSORED ADR 2.9 %
COCA-COLA FEMSA SAB-SP ADR 2.8 %
Total 33.3 %

TOP COUNTRY EXPOSURE
CHINA 16.1 %
SWITZERLAND 9.1 %
MEXICO 8.4 %
BRITAIN 8.3 %
DENMARK 8.3 %
NETHERLANDS 6.6 %
ARGENTINA 5.2 %
BRAZIL 4.0 %
LUXEMBOURG 3.8 %
JAPAN 3.0 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
1.7% -14.1% -3.2% 5.0% 6.3%

Market Correlations
versus... Beta R-squared
S&P500 1.00 82%
MSCI EAFE 1.00 80%
MSCI Emg. Mkts. 0.85 68%

Technical Indicators
Recent close $47.05
30d moving avg. $47.78
Annualized volatility 23.0%
Short interest (ETF) 2.5%
Short interest (Underlying) 1.5%
Relative strength (RSI) 41

Liquidity measures
Avg. volume (thou.) 4
Turnover 0.7%
Bid/Ask (% of price) 0.54%
ADV underlying (mns) $4,263

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 323 potential alternatives to the AdvisorShares Dorsey Wright ADR ETF ETF based on the alternatives' overlap in portfolio holdings with AADR. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: AADR Expense: 110 bp ALTAR Score™: 8.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH AADR
Ticker Fund
Name		 Overlap1
vs AADR
(%)		 Expense
ratio
(bp)		 Savings
vs AADR
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs AADR
(%)
PGJ Invesco Golden Dragon China ETF 15.3 70 40 4.5 -4.1
ADRE Invesco BLDRS Emerging Markets 50 ADR Index Fund 11.6 29 81 7.5 -1.2
DIVD Altrius Global Dividend ETF 10.2 49 61 12.1 +3.4
EWEB Global X Emerging Markets Internet & E-commerce ETF 10.2 65 45 5.6 -3.1
FPXI First Trust International Equity Opportunities ETF 9.6 70 40 -0.6 -9.3
SLX VanEck Steel ETF 8.5 55 55 24.8 +16.2
CHIQ Global X MSCI China Consumer ETF 8.4 65 45 4.5 -4.1
KWEB KraneShares CSI China Internet ETF 8.3 69 41 -0.4 -9.0
PPH VanEck Pharmaceutical ETF 7.9 35 75 12.9 +4.3
GENY Principal Millennials Index ETF 7.2 45 65 6.7 -1.9
EBIZ Global X E-Commerce ETF 6.9 50 60 0.8 -7.9
MINV Matthews Asia Innovators Active ETF 6.8 79 31 -0.6 -9.3
NDIV Amplify Natural Resources Dividend Income ETF 6.3 59 51 15.8 +7.2
TCHI iShares MSCI China Multisector Tech ETF 5.3 59 51 4.0 -4.6
ECOW Pacer Emerging Markets Cash Cows 100 ETF 5.2 70 40 15.7 +7.1
ARGT Global X MSCI Argentina ETF 5.2 59 51 6.6 -2.1
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF 5.1 69 41 8.2 -0.4
CNCR Loncar Cancer Immunotherapy ETF 5.1 79 31 -3.7 -12.4
KEMQ Kraneshares Emerging Markets Consumer Technology Index ETF 4.6 59 51 2.1 -6.6
PID Invesco International Dividend Achievers ETF 4.5 56 54 8.3 -0.3
AVIV Avantis International Large Cap Value ETF 4.5 25 85 10.3 +1.6
CQQQ Invesco China Technology ETF 4.4 70 40 -5.4 -14.1
MEM Matthews Emerging Markets Equity Active ETF 4.2 79 31 6.8 -1.9
AVDE Avantis International Equity ETF 4.2 23 87 9.3 +0.6
PRAY FIS Biblically Responsible Risk Managed ETF 4.1 68 42 7.3 -1.4
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 4.0 86 24 2.4 -6.2
BATT Amplify Lithium & Battery Technology ETF 3.9 59 51 4.9 -3.8
MCHI iShares MSCI China ETF 3.9 57 53 10.8 +2.1
SIMS SPDR S&P Kensho Intelligent Structures ETF 3.8 45 65 0.1 -8.5
OIH VanEck Oil Services ETF 3.8 35 75 0.7 -7.9
BICK First Trust BICK Index Fund 3.7 64 46 6.8 -1.8
IBBQ Invesco Nasdaq Biotechnology ETF 3.6 19 91 1.1 -7.5
WDNA WisdomTree BioRevolution Fund 3.6 45 65 -4.2 -12.8
JRNY ALPS Global Travel Beneficiaries ETF 3.6 65 45 0.8 -7.8
FRDM Freedom 100 Emerging Markets ETF 3.6 49 61 9.4 +0.7
MCH Matthews China Active ETF 3.5 79 31 10.3 +1.6
GK AdvisorShares Gerber Kawasaki ETF 3.4 81 29 5.4 -3.3
ILF iShares Latin America 40 ETF 3.4 47 63 10.0 +1.4
IBB iShares NASDAQ Biotechnology ETF 3.3 44 66 0.6 -8.0
DIHP Dimensional International High Profitability ETF 3.3 29 81 9.0 +0.3
KALL KraneShares MSCI All China Index ETF 3.3 48 62 11.5 +2.9
CCSO Carbon Collective Climate Solutions U.S. Equity ETF 3.2 35 75 3.5 -5.2
MAKX ProShares S&P Kensho Smart Factories ETF 3.2 58 52 3.8 -4.8
BAD B.A.D. ETF 3.2 75 35 3.2 -5.4
FFTY Innovator IBD 50 ETF 3.2 80 30 2.3 -6.3
FLSW Franklin FTSE Switzerland ETF 3.2 9 101 5.9 -2.7
EUFN iShares MSCI Europe Financials ETF 3.2 48 62 11.4 +2.8
EWL iShares MSCI Switzerland ETF 3.2 50 60 5.3 -3.4
GDOC Goldman Sachs Future Health Care Equity ETF 3.1 75 35 1.8 -6.9
QTUM Defiance Quantum ETF 3.1 40 70 4.7 -3.9
BNGE First Trust S-Network Streaming and Gaming ETF 3.0 70 40 0.7 -8.0
IBUY Amplify Online Retail ETF 3.0 65 45 -4.6 -13.3
CRUZ Defiance Hotel Airline and Cruise ETF 3.0 45 65 -7.3 -16.0
ISHP First Trust S-Network E-Commerce ETF 3.0 60 50 4.5 -4.2
FBT First Trust NYSE Arca Biotechnology Index Fund 2.9 55 55 1.5 -7.2
AVEM Avantis Emerging Markets Equity ETF 2.9 33 77 10.6 +1.9
AVES Avantis Emerging Markets Value ETF 2.9 36 74 15.0 +6.3
ECON Columbia Emerging Markets Consumer ETF 2.9 49 61 4.5 -4.1
ICOW Pacer Developed Markets International Cash Cows 100 ETF 2.7 65 45 16.8 +8.1
FLCH Franklin FTSE China ETF 2.6 19 91 11.0 +2.4
PEJ Invesco Dynamic Leisure & Entertainment ETF 2.5 55 55 3.9 -4.7
WFH Direxion Work From Home ETF 2.5 45 65 0.0 -8.7
AGNG Global X Aging Population ETF 2.5 50 60 4.4 -4.2
SANE Subversive Mental Health ETF 2.5 75 35 6.3 -2.4
HELX Franklin Genomic Advancements ETF 2.5 50 60 2.3 -6.3
SYNB Putnam BioRevolution ETF 2.5 70 40 3.8 -4.9
GNR SPDR S&P Global Natural Resources ETF 2.4 40 70 10.5 +1.9
FSZ First Trust Switzerland AlphaDEX Fund 2.4 80 30 5.0 -3.7
AWAY ETFMG Travel Tech ETF 2.3 75 35 -3.7 -12.4
CXSE WisdomTree China ex-State-Owned Enterprises Fund 2.3 32 78 6.8 -1.9
BKF iShares MSCI BRIC ETF 2.3 70 40 9.2 +0.5
GCOW Pacer Global High Dividend ETF 2.3 60 50 16.1 +7.4
EDUT Global X Education ETF 2.3 50 60 1.8 -6.9
SMH VanEck Semiconductor ETF 2.3 35 75 6.9 -1.7
CN Xtrackers MSCI All China Equity ETF 2.3 50 60 11.4 +2.7
ONLN ProShares Online Retail ETF 2.3 58 52 -11.3 -20.0
FTRI First Trust Indxx Global Natural Resources Income ETF 2.3 70 40 21.2 +12.5
ROAM Hartford Multifactor Emerging Markets ETF 2.3 44 66 13.3 +4.6
XCEM Columbia EM Core ex-China ETF 2.2 16 94 8.2 -0.4
UPWD JPMorgan Social Advancement ETF 2.2 49 61 6.7 -1.9
TMFG Motley Fool Global Opportunities ETF 2.2 85 25 4.5 -4.2
JETS US Global Jets ETF 2.2 60 50 -16.0 -24.7
BBH VanEck Biotech ETF 2.2 35 75 5.3 -3.4
LEGR First Trust Indxx Innovative Transaction & Process ETF 2.2 65 45 9.0 +0.3
RUFF Alpha Dog ETF 2.2 90 20 6.3 -2.3
CHIC Global X MSCI China Communication Services ETF 2.2 65 45 -3.3 -12.0
SOCL Global X Social Media ETF 2.1 65 45 -0.7 -9.3
GXC SPDR S&P China ETF 2.1 59 51 10.1 +1.5
GREK Global X FTSE Greece 20 ETF 2.1 56 54 -6.2 -14.8
EDOG ALPS Emerging Sector Dividend Dogs ETF 2.1 60 50 13.6 +4.9
DSTX Distillate International Fundamental Stability & Value ETF 2.1 55 55 8.6 -0.1
LITP Sprott Lithium Miners ETF 2.1 65 45 8.7 +0.1
FTAG First Trust Indxx Global Agriculture ETF 2.1 70 40 10.3 +1.7
MOO VanEck Agribusiness ETF 2.1 52 58 9.0 +0.3
GRZZ Grizzle Growth ETF 2.1 75 35 7.9 -0.7
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 2.1 85 25 9.0 +0.4
LIT Global X Lithium & Battery Tech ETF 2.1 75 35 6.0 -2.7
SETM Sprott Energy Transition Materials ETF 2.1 65 45 5.4 -3.3
SOXX iShares PHLX Semiconductor ETF 2.1 40 70 7.4 -1.3
FDG American Century Focused Dynamic Growth ETF 2.1 45 65 3.4 -5.3
DTEC ALPS Disruptive Technologies ETF 2.1 50 60 4.5 -4.1
IVLC Invesco US Large Cap Core ESG ETF 2.0 48 62 6.6 -2.1
XNTK SPDR NYSE Technology ETF 2.0 35 75 5.3 -3.4
GFGF Guru Favorite Stocks ETF 2.0 65 45 7.1 -1.5
OGIG O'Shares Global Internet Giants ETF 2.0 48 62 0.5 -8.1
BYOB SoFi Be Your Own Boss ETF 2.0 59 51 -3.2 -11.9
FDNI First Trust Dow Jones International Internet ETF 2.0 65 45 2.8 -5.8
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 2.0 56 54 6.0 -2.7
KOMP SPDR Kensho New Economies Composite ETF 2.0 20 90 -1.3 -10.0
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 2.0 58 52 -0.2 -8.9
TIME Clockwise Capital Innovation ETF 2.0 95 15 3.4 -5.2
REMG SPDR Bloomberg SASB Emerging Markets ESG Select ETF 2.0 16 94 9.9 +1.2
DFIC Dimensional International Core Equity 2 ETF 2.0 23 87 8.4 -0.3
QQQJ Invesco NASDAQ Next Gen 100 ETF 2.0 15 95 4.5 -4.2
VRAI Virtus Real Asset Income ETF 1.9 55 55 8.4 -0.3
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.8 57 53 5.4 -3.3
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.8 35 75 5.6 -3.1
BTEK BlackRock Future Tech ETF 1.8 88 22 0.8 -7.9
QQQN VictoryShares Nasdaq Next 50 ETF 1.8 18 92 6.8 -1.9
TRFM AAM Transformers ETF 1.8 49 61 2.0 -6.6
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 1.7 15 95 9.3 +0.7
RODE Hartford Multifactor Diversified International ETF 1.7 29 81 13.6 +5.0
JFWD Jacob Forward ETF 1.7 75 35 -13.9 -22.5
CVY Invesco Zacks Multi-Asset Income ETF 1.7 100 10 13.6 +5.0
XITK SPDR FactSet Innovative Technology ETF 1.7 45 65 0.2 -8.4
IWFH iShares Virtual Work and Life Multisector ETF 1.7 47 63 -1.3 -9.9
SUBS Fount Subscription Economy ETF 1.7 70 40 5.4 -3.3
JEMA JPMorgan Emerging Markets Equity Core ETF 1.7 39 71 8.0 -0.6
FBCV Fidelity Blue Chip Value ETF 1.6 59 51 7.8 -0.8
DEIF Sterling Capital Diverse Multi-Manager Active ETF 1.6 65 45 7.7 -1.0
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 1.6 47 63 -0.9 -9.5
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 1.6 60 50 5.3 -3.4
FDEM Fidelity Emerging Markets Multifactor ETF 1.6 45 65 13.7 +5.1
MBOX Freedom Day Dividend ETF 1.6 39 71 9.1 +0.4
EEMA iShares MSCI Emerging Markets Asia ETF 1.6 50 60 8.2 -0.5
NUDM Nuveen ESG International Developed Markets Equity ETF 1.5 30 80 8.6 -0.0
BMED BlackRock Future Health ETF 1.5 85 25 2.1 -6.5
HAIL SPDR S&P Kensho Smart Mobility ETF 1.4 45 65 -5.4 -14.1
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 1.4 30 80 8.7 +0.1
AAXJ iShares MSCI All Country Asia ex Japan ETF 1.4 69 41 7.7 -1.0
PBW Invesco WilderHill Clean Energy ETF 1.4 61 49 -7.9 -16.5
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 1.4 36 74 8.6 -0.1
TTAI TrimTabs All Cap International Free-Cash-Flow ETF 1.4 61 49 9.3 +0.6
RESE WisdomTree Emerging Markets ESG Fund 1.4 32 78 8.9 +0.3
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 1.3 20 90 5.5 -3.1
KEJI Global X China Innovation ETF 1.3 75 35 3.5 -5.1
RYJ Invesco Raymond James SB-1 Equity ETF 1.3 81 29 5.9 -2.7
GDIV Harbor Dividend Growth Leaders ETF 1.3 50 60 8.2 -0.5
CARZ First Trust NASDAQ Global Auto Index Fund 1.3 70 40 6.6 -2.1
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 1.3 66 44 8.3 -0.3
CGXU Capital Group International Focus Equity ETF 1.3 54 56 4.3 -4.4
AHOY Newday Ocean Health ETF 1.2 75 35 6.7 -2.0
EEM iShares MSCI Emerging Markets ETF 1.2 68 42 8.3 -0.3
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 1.2 40 70 8.9 +0.3
JIG JPMorgan International Growth ETF 1.2 55 55 5.2 -3.5
RAYE Rayliant Quantamental Emerging Market Equity ETF 1.2 80 30 14.7 +6.1
FVD First Trust Value Line Dividend Index Fund 1.2 67 43 6.9 -1.8
BUYZ Franklin Disruptive Commerce ETF 1.2 50 60 2.6 -6.1
FXD First Trust Consumer Discretionary AlphaDEX Fund 1.2 61 49 8.4 -0.3
PNQI Invesco NASDAQ Internet ETF 1.1 60 50 3.4 -5.2
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.1 31 79 8.9 +0.3
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.1 32 78 7.1 -1.5
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 1.1 50 60 3.7 -5.0
HAP VanEck Natural Resources ETF 1.1 49 61 9.4 +0.7
CNRG SPDR S&P Kensho Clean Power ETF 1.1 45 65 2.9 -5.7
IEMG iShares Core MSCI Emerging Markets ETF 1.1 9 101 8.7 +0.1
VWO Vanguard FTSE Emerging Markets ETF 1.1 8 102 8.8 +0.1
DFAI Dimensional International Core Equity Market ETF 1.1 18 92 7.9 -0.8
DRIV Global X Autonomous & Electric Vehicles ETF 1.1 68 42 5.0 -3.6
FIVA Fidelity International Value Factor ETF 1.0 39 71 11.3 +2.6
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 1.0 45 65 9.9 +1.3
DINT Davis Select International ETF 1.0 64 46 8.0 -0.6
DFIV Dimensional International Value ETF 1.0 30 80 10.0 +1.3
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 1.0 51 59 10.8 +2.2
PBD Invesco Global Clean Energy ETF 0.9 75 35 -1.3 -9.9
PBEE Invesco PureBeta FTSE Emerging Markets ETF 0.9 16 94 8.8 +0.1
CWI SPDR MSCI ACWI ex-US ETF 0.9 30 80 8.1 -0.6
SCHE Schwab Emerging Markets Equity ETF 0.9 11 99 8.7 +0.1
FBCG Fidelity Blue Chip Growth ETF 0.9 59 51 2.9 -5.8
FLAX Franklin FTSE Asia Ex Japan ETF 0.9 19 91 8.5 -0.2
EMMF WisdomTree Emerging Markets Multifactor Fund 0.9 48 62 13.5 +4.8
JIDA JPMorgan ActiveBuilders International Equity ETF 0.9 25 85 7.6 -1.0
FLV American Century Focused Large Cap Value ETF 0.9 42 68 7.4 -1.3
GMF SPDR S&P Emerging Asia Pacific ETF 0.9 49 61 7.9 -0.7
EFV iShares MSCI EAFE Value ETF 0.9 35 75 10.3 +1.6
JHEM John Hancock Multifactor Emerging Markets ETF 0.9 49 61 9.5 +0.9
IXG iShares Global Financials ETF 0.8 40 70 10.4 +1.8
KESG KraneShares MSCI China ESG Leaders Index ETF 0.8 59 51 12.5 +3.9
ESGE iShares ESG Aware MSCI EM ETF 0.8 25 85 8.9 +0.2
SPEM SPDR Portfolio Emerging Markets ETF 0.8 11 99 8.7 +0.0
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.8 47 63 11.6 +3.0
GERM ETFMG Treatments Testing and Advancements ETF 0.8 68 42 -13.6 -22.2
RODM Hartford Multifactor Developed Markets (ex-US) ETF 0.7 29 81 10.1 +1.5
EMGF iShares MSCI Emerging Markets Multifactor ETF 0.7 45 65 12.9 +4.2
DGT SPDR Global Dow ETF 0.7 50 60 8.4 -0.3
DWMC AdvisorShares Dorsey Wright Micro-Cap ETF 0.7 127 -17 3.1 -5.6
MXI iShares Global Materials ETF 0.7 40 70 8.3 -0.3
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 0.7 18 92 8.5 -0.2
EQOP Natixis U.S. Equity Opportunities ETF 0.7 85 25 6.5 -2.2
IEV iShares Europe ETF 0.7 58 52 7.4 -1.3
BKEM BNY Mellon Emerging Markets Equity ETF 0.7 11 99 9.2 +0.5
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.7 50 60 7.7 -0.9
QQQM Invesco NASDAQ 100 ETF 0.7 15 95 6.2 -2.4
BBEU JPMorgan BetaBuilders Europe ETF 0.7 9 101 8.0 -0.6
QQQ Invesco QQQ Trust 0.7 20 90 5.9 -2.8
KOCG FIS Knights of Columbus Global Belief ETF 0.7 75 35 8.0 -0.6
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.6 46 64 7.7 -0.9
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.6 45 65 3.2 -5.4
VSGX Vanguard ESG International Stock ETF 0.6 12 98 7.8 -0.8
IMTM iShares Edge MSCI Intl Momentum Factor ETF 0.6 30 80 8.5 -0.2
IVLU iShares Edge MSCI Intl Value Factor ETF 0.6 30 80 12.1 +3.5
ACWX iShares MSCI ACWI ex U.S. ETF 0.6 32 78 8.1 -0.6
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 0.6 21 89 4.7 -3.9
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.6 41 69 8.2 -0.5
VEU Vanguard FTSE All-World ex-US Index Fund 0.6 7 103 8.3 -0.4
DWLD Davis Select Worldwide ETF 0.6 62 48 9.2 +0.5
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.6 39 71 10.1 +1.4
INTF iShares Edge MSCI Multifactor Intl ETF 0.6 15 95 9.1 +0.5
IEUR iShares Core MSCI Europe ETF 0.6 9 101 7.7 -1.0
DEHP Dimensional Emerging Markets High Profitability ETF 0.6 41 69 9.3 +0.7
VYMI Vanguard International High Dividend Yield ETF 0.6 22 88 11.3 +2.7
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.6 25 85 8.2 -0.5
DFEV Dimensional Emerging Markets Value ETF 0.6 43 67 13.9 +5.2
FLEH Franklin FTSE Europe Hedged ETF 0.6 9 101 8.2 -0.5
UMMA Wahed Dow Jones Islamic World ETF 0.6 65 45 5.3 -3.4
FLEE Franklin FTSE Europe ETF 0.5 9 101 8.0 -0.7
IXUS ishares Core MSCI Total International Stock ETF 0.5 7 103 8.0 -0.6
QQMG Invesco ESG NASDAQ 100 ETF 0.5 20 90 6.3 -2.3
FDEV Fidelity Targeted International Factor ETF 0.5 39 71 7.9 -0.7
GSID Goldman Sachs MarketBeta International Equity ETF 0.5 20 90 7.9 -0.7
VGK Vanguard FTSE Europe ETF 0.5 8 102 7.8 -0.8
DFAE Dimensional Emerging Core Equity Market ETF 0.5 35 75 9.4 +0.7
VIDI Vident International Equity Fund 0.5 61 49 12.3 +3.7
RDMX SPDR Bloomberg SASB Developed Markets EX US ESG Select ETF 0.5 12 98 7.6 -1.1
SPEU SPDR Portfolio Europe ETF 0.5 9 101 7.6 -1.0
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 0.5 35 75 7.8 -0.9
ESGD iShares MSCI EAFE ESG Optimized ETF 0.5 20 90 7.5 -1.2
EEMO Invesco S&P Emerging Markets Momentum ETF 0.5 31 79 9.7 +1.1
VXUS Vanguard Total International Stock ETF 0.5 7 103 8.1 -0.5
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.5 20 90 7.4 -1.3
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.5 30 80 10.0 +1.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.5 9 101 7.0 -1.6
BKIE BNY Mellon International Equity ETF 0.4 4 106 8.4 -0.3
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.4 35 75 7.8 -0.8
EFA iShares MSCI EAFE ETF 0.4 32 78 7.7 -1.0
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.4 59 51 11.8 +3.1
SPDW SPDR Portfolio Developed World ex-US ETF 0.4 4 106 7.6 -1.0
IOO iShares Global 100 ETF 0.4 40 70 7.2 -1.4
PXH Invesco FTSE RAFI Emerging Markets ETF 0.4 50 60 13.6 +4.9
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.4 45 65 9.2 +0.5
IEFA iShares Core MSCI EAFE ETF 0.4 7 103 7.7 -1.0
DOL WisdomTree International LargeCap Dividend Fund 0.4 48 62 9.6 +0.9
FSMO Fidelity Small-Mid Cap Opportunities ETF 0.4 64 46 8.2 -0.4
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 0.4 15 95 14.3 +5.7
QINT American Century Quality Diversified International ETF 0.3 39 71 9.6 +0.9
JHMD John Hancock Multifactor Developed International ETF 0.3 39 71 8.6 -0.1
HFXI IQ 50 Percent Hedged FTSE International ETF 0.3 20 90 8.1 -0.5
VMAT V-Shares MSCI World ESG Materiality and Carbon Transition ET 0.3 39 71 6.8 -1.9
IDEV iShares Core MSCI International Developed Markets ETF 0.3 4 106 7.8 -0.8
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.3 39 71 13.9 +5.2
ACWF iShares MSCI Global Multifactor ETF 0.3 35 75 9.8 +1.2
ION ProShares S&P Global Core Battery Metals ETF 0.3 58 52 10.1 +1.4
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 0.3 7 103 8.0 -0.6
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.3 39 71 8.6 -0.1
VEA Vanguard FTSE Developed Markets ETF 0.3 5 105 8.0 -0.7
DWM WisdomTree International Equity Fund 0.3 48 62 9.4 +0.7
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.3 40 70 9.6 +1.0
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.3 25 85 8.9 +0.3
JIRE JPMorgan International Research Enhanced Equity ETF 0.3 24 86 7.8 -0.8
ACWI iShares MSCI ACWI ETF 0.3 32 78 7.2 -1.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.2 20 90 7.5 -1.1
EMXF iShares ESG Advanced MSCI EM ETF 0.2 16 94 9.6 +1.0
JVAL JPMorgan U.S. Value Factor ETF 0.2 12 98 10.2 +1.5
QEFA SPDR MSCI EAFE Quality Mix ETF 0.2 30 80 7.8 -0.9
LDEM iShares ESG MSCI EM Leaders ETF 0.2 16 94 9.3 +0.7
VT Vanguard Total World Stock ETF 0.2 7 103 7.3 -1.4
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.2 24 86 9.6 +1.0
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.2 20 90 8.6 -0.0
IQSI IQ Candriam ESG International Equity ETF 0.2 15 95 7.8 -0.8
JHSC John Hancock Multifactor Small Cap ETF 0.2 42 68 7.4 -1.3
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 98 7.3 -1.3
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.2 20 90 7.2 -1.4
PXUS Principal International Adaptive Multi-Factor ETF 0.2 24 86 7.7 -1.0
NUEM Nuveen ESG Emerging Markets Equity ETF 0.2 35 75 8.2 -0.4
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.2 39 71 9.0 +0.4
RVRB Reverb ETF 0.2 30 80 6.7 -1.9
CIL VictoryShares International Volatility Weighted Index ETF 0.2 45 65 7.9 -0.7
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 98 6.7 -2.0
TOK iShares MSCI Kokusai ETF 0.1 25 85 7.0 -1.7
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 101 7.2 -1.5
IQIN IQ 500 International ETF 0.1 25 85 8.7 +0.0
URTH iShares MSCI World ETF 0.1 24 86 7.1 -1.6
ISZE iShares Edge MSCI Intl Size Factor ETF 0.1 30 80 7.4 -1.2
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 80 7.6 -1.1
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 95 8.4 -0.2
DFAT Dimensional U.S. Targeted Value ETF 0.1 29 81 10.1 +1.4
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 90 9.3 +0.7
VFMO Vanguard U.S. Momentum Factor ETF 0.1 13 97 4.4 -4.2
ESGG FlexShares STOXX Global ESG Impact Index Fund 0.1 42 68 7.1 -1.6
SMOG VanEck Low Carbon Energy ETF 0.1 55 55 3.4 -5.3
DFAS Dimensional U.S. Small Cap ETF 0.1 28 82 7.5 -1.2
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.1 39 71 5.8 -2.8
EQAL Invesco Russell 1000 Equal Weight ETF 0.1 20 90 7.2 -1.4
IYC iShares U.S. Consumer Services ETF 0.1 39 71 4.4 -4.3
SMMD iShares Russell 2500 ETF 0.0 15 95 6.8 -1.8
EWX SPDR S&P Emerging Markets Small Cap ETF 0.0 65 45 7.9 -0.7
IWS iShares Russell Mid-Cap Value ETF 0.0 23 87 7.9 -0.7
STXK Strive Small-Cap ETF 0.0 18 92 6.4 -2.3
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 0.0 45 65 7.9 -0.7
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde 0.0 63 47 5.1 -3.5
IWR iShares Russell Midcap ETF 0.0 18 92 6.9 -1.8
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 0.0 24 86 8.9 +0.3
DFUV Dimensional US Marketwide Value ETF 0.0 23 87 9.5 +0.8
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 0.0 17 93 8.7 +0.1
VONV Vanguard Russell 1000 Value Index Fund 0.0 8 102 8.1 -0.6
IWD iShares Russell 1000 Value ETF 0.0 18 92 8.0 -0.7
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 19 91 7.5 -1.1
DFAU Dimensional US Core Equity Market ETF 0.0 12 98 6.9 -1.7
IWV iShares Russell 3000 ETF 0.0 20 90 6.4 -2.2
VONE Vanguard Russell 1000 ETF 0.0 8 102 6.7 -2.0
IWB iShares Russell 1000 ETF 0.0 15 95 6.6 -2.1
VTHR Vanguard Russell 3000 Index Fund 0.0 10 100 6.5 -2.1
DFUS Dimensional U.S. Equity ETF 0.0 11 99 6.7 -1.9

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2018 2019 2020 2021 2022 2023E 2024E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2022 2023E 2024E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 AdvisorShares Dorsey Wright ADR ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 7.0 %
Divided by: Fwd. P/BV 0.7 x
Less: Expense ratio 110 bp
Equals: ALTAR Score 8.7 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.36 CATEGORY
AVERAGE		 1.53
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.