VanEck Africa Index ETF
ALTAR
Score™		 11.6% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 9.6x P/Sales
ratio		 1.9x
P/BV
ratio		 1.8x Div.
yield		 2.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
VanEck Vectors Africa Index ETF seeks investment results that correspond to the price and yield performance of the Dow Jones Africa Titans 50 Index.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Van Eck Associates Corp
Website www.vaneck.com
Inception date Jul 10, 2008
Assets (mns) $114
Currency USD
Expense ratio 98 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Tiered
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 81
Wgt avg mkt cap (mns) $13,454
Large cap (>$10bn) 45.8%
Mid cap ($2-10bn) 39.4%
Small cap (<$2bn) 14.7%
Developed mkts 34.0%
Emerging mkts 66.0%

TOP TEN HOLDINGS
ENDEAVOUR MINING PLC 5.5 %
AIRTEL AFRICA PLC 4.7 %
ANGLO AMERICAN PLC 4.2 %
ATTIJARIWAFA BANK 4.1 %
NASPERS LTD-N SHS 3.9 %
GOLD FIELDS LTD-SPONS ADR 3.3 %
PERSEUS MINING LTD 3.2 %
IVANHOE MINES LTD. CLASS A 3.2 %
SAFARICOM PLC 3.1 %
IAMGOLD CORP 3.0 %
Total 38.2 %

TOP COUNTRY EXPOSURE
SOUTH AFRICA 31.4 %
BRITAIN 14.5 %
MOROCCO 13.2 %
CANADA 12.8 %
KENYA 3.8 %
BERMUDA 3.2 %
AUSTRALIA 3.2 %
NIGERIA 3.0 %
EGYPT 1.5 %
INDIA 0.8 %

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.
14.2% 87.6% 10.2% 9.0% 0.9%

Market Correlations
versus... Beta R-squared
S&P500 0.76 37%
MSCI EAFE 1.02 48%
MSCI Emg. Mkts. 0.93 49%

Technical Indicators
Recent close $24.86
30d moving avg. $27.53
Annualized volatility 17.7%
Short interest (ETF) 0.1%
Relative strength (RSI) 42

Liquidity measures
Avg. volume (thou.) 122
Turnover 2.7%
Bid/Ask (% of price) 1.14%
ADV underlying (mns) $1,088

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 468 potential alternatives to the VanEck Africa Index ETF ETF based on the alternatives' overlap in portfolio holdings with AFK. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: AFK Expense: 98 bp ALTAR Score™: 11.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH AFK
Ticker Fund
Name		 Overlap1
vs AFK
(%)		 Expense
ratio
(bp)		 Savings
vs AFK
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs AFK
(%)
FTHF First Trust Emerging Markets Human Flourishing ETF 13.2 75 23 7.2 -4.3
GMET VanEck Green Metals ETF 11.7 63 35 0.4 -11.2
GDX VanEck Gold Miners ETF 11.4 51 47 2.8 -8.8
JIVE JPMorgan International Value ETF 10.0 55 43 9.1 -2.5
AUAU Global X Gold Miners ETF 9.1 35 63 2.5 -9.1
GOAU U.S. Global GO GOLD and Precious Metal Miners ETF 8.6 60 38 2.1 -9.5
XC WisdomTree Emerging Markets Ex-China Fund 8.4 32 66 6.6 -5.0
GDXJ VanEck Junior Gold Miners ETF 8.0 52 46 2.8 -8.8
EMDM First Trust Bloomberg Emerging Market Democracies ETF 7.9 75 23 7.5 -4.1
AUMI Themes Gold Miners ETF 6.2 35 63 3.1 -8.5
EELV Invesco S&P Emerging Markets Low Volatility ETF 5.6 29 69 8.9 -2.6
COPX Global X Copper Miners ETF 5.5 65 33 4.8 -6.7
ION ProShares S&P Global Core Battery Metals ETF 5.3 58 40 5.7 -5.9
COPA Themes Copper Miners ETF 5.1 35 63 3.7 -7.9
FRDM Freedom 100 Emerging Markets ETF 5.0 49 49 6.6 -5.0
AVXC Avantis Emerging Markets Ex-China Equity ETF 5.0 33 65 7.3 -4.3
SETM Sprott Energy Transition Materials ETF 5.0 65 33 1.8 -9.8
AADR AdvisorShares Dorsey Wright ADR ETF 4.7 110 -12 3.1 -8.4
PICK iShares MSCI Global Metals & Mining Producers ETF 4.6 39 59 9.1 -2.5
LDEM iShares ESG MSCI EM Leaders ETF 4.6 17 81 13.1 +1.5
CGXU Capital Group International Focus Equity ETF 4.5 54 44 4.5 -7.1
EDIV SPDR S&P Emerging Markets Dividend ETF 4.5 49 49 9.4 -2.2
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 4.4 44 54 9.9 -1.7
CGV Conductor Global Equity Value ETF 4.3 130 -32 7.9 -3.7
ICOP iShares Copper and Metals Mining ETF 4.0 47 51 6.3 -5.3
EYLD Cambria Emerging Shareholder Yield ETF 4.0 66 32 10.2 -1.4
HAP VanEck Natural Resources ETF 4.0 50 48 6.7 -4.9
FDNI First Trust Dow Jones International Internet ETF 3.9 65 33 24.0 +12.4
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 3.8 39 59 14.6 +3.0
BBCA JPMorgan BetaBuilders Canada ETF 3.6 19 79 5.8 -5.8
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 3.6 32 66 8.6 -3.0
ABLD Abacus FCF Real Assets Leaders ETF 3.6 69 29 6.4 -5.2
RNEM First Trust Emerging Markets Equity Select ETF 3.5 75 23 8.3 -3.3
FLCA Franklin FTSE Canada ETF 3.5 9 89 5.9 -5.7
STXE Strive Emerging Markets Ex-China ETF 3.5 32 66 6.5 -5.1
VEXC Vanguard Emerging Markets Ex-China ETF 3.4 7 91 6.5 -5.1
OBOR KraneShares MSCI One Belt One Road Index ETF 3.4 79 19 7.2 -4.3
FKU First Trust United Kingdom AlphaDEX Fund 3.4 80 18 7.8 -3.7
AVES Avantis Emerging Markets Value ETF 3.3 36 62 9.7 -1.9
AVEM Avantis Emerging Markets Equity ETF 3.3 33 65 8.1 -3.5
LIVR Intelligent Livermore ETF 3.2 69 29 2.9 -8.7
AVSE Avantis Responsible Emerging Markets Equity ETF 3.2 33 65 7.7 -3.8
DEM WisdomTree Emerging Markets High Dividend Fund 3.2 63 35 11.4 -0.2
PXH Invesco FTSE RAFI Emerging Markets ETF 3.1 49 49 14.4 +2.9
ECON Columbia Emerging Markets Consumer ETF 3.1 49 49 8.0 -3.6
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 3.1 50 48 9.2 -2.4
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 3.0 46 52 7.4 -4.2
XCNY SPDR S&P Emerging Markets ex-China ETF 3.0 15 83 6.4 -5.2
ECOW Pacer Emerging Markets Cash Cows 100 ETF 2.9 70 28 9.7 -1.9
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 2.8 45 53 9.3 -2.3
EMM Global X Emerging Markets ex-China ETF 2.8 75 23 5.8 -5.8
SCHE Schwab Emerging Markets Equity ETF 2.8 11 87 10.3 -1.3
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 2.8 24 74 6.4 -5.2
DEXC Dimensional Emerging Markets ex China Core EquityETF 2.7 53 45 6.1 -5.5
GOEX Global X Gold Explorers ETF 2.7 65 33 2.0 -9.6
JHEM John Hancock Multifactor Emerging Markets ETF 2.6 49 49 8.6 -3.0
EMXC iShares MSCI Emerging Markets ex China ETF 2.6 25 73 6.1 -5.4
XCEM Columbia EM Core ex-China ETF 2.6 16 82 5.9 -5.6
FIVA Fidelity International Value Factor ETF 2.6 18 80 8.1 -3.5
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 2.6 32 66 5.6 -5.9
JADE JPMorgan Active Developing Markets Equity ETF 2.6 65 33 7.0 -4.6
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 2.6 88 10 8.9 -2.7
EEMO Invesco S&P Emerging Markets Momentum ETF 2.4 29 69 8.6 -3.0
ABLG Abacus FCF International Leaders ETF 2.4 59 39 6.8 -4.8
URNJ Sprott Junior Uranium Miners ETF 2.4 80 18 -3.9 -15.5
NLR VanEck Uranium+Nuclear Energy ETF 2.4 61 37 1.5 -10.1
URA Global X Uranium ETF 2.4 69 29 0.8 -10.8
URAN Themes Uranium & Nuclear ETF 2.4 35 63 0.9 -10.7
IGE iShares North American Natural Resources ETF 2.4 41 57 5.3 -6.2
GPT Intelligent Alpha Atlas ETF 2.4 69 29 6.6 -5.0
DEHP Dimensional Emerging Markets High Profitability ETF 2.3 41 57 5.7 -5.9
DFAE Dimensional Emerging Core Equity Market ETF 2.3 35 63 8.0 -3.6
ROAM Hartford Multifactor Emerging Markets ETF 2.2 44 54 8.6 -3.0
ESGE iShares ESG Aware MSCI EM ETF 2.2 25 73 9.5 -2.1
DFEM Dimensional Emerging Markets Core Equity 2 ETF 2.2 38 60 7.9 -3.6
EVLU iShares MSCI Emerging Markets Value Factor ETF 2.2 35 63 12.4 +0.8
BKEM BNY Mellon Emerging Markets Equity ETF 2.2 11 87 9.0 -2.6
VWO Vanguard FTSE Emerging Markets ETF 2.2 7 91 10.0 -1.6
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 2.2 36 62 8.7 -2.8
CCNR ALPS CoreCommodity Natural Resources ETF 2.1 39 59 8.1 -3.5
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 2.1 33 65 7.8 -3.8
DFEV Dimensional Emerging Markets Value ETF 2.1 43 55 10.9 -0.7
WBAT WisdomTree Battery Value Chain and Innovation Fund 2.1 45 53 -0.9 -12.5
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 2.1 30 68 9.3 -2.3
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 2.1 15 83 9.1 -2.4
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 2.1 15 83 10.1 -1.5
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 2.1 66 32 8.3 -3.3
EMXF iShares ESG Advanced MSCI EM ETF 2.0 16 82 7.8 -3.8
CVAR Cultivar ETF 2.0 87 11 7.3 -4.3
EV Mast Global Battery Recycling & Production ETF 2.0 65 33 6.2 -5.3
EEM iShares MSCI Emerging Markets ETF 2.0 69 29 9.1 -2.5
SGDM Sprott Gold Miners ETF 1.9 50 48 2.8 -8.8
EMC Global X Emerging Markets Great Consumer ETF 1.9 75 23 8.3 -3.3
SPEM SPDR Portfolio Emerging Markets ETF 1.9 7 91 10.3 -1.3
DWX SPDR S&P International Dividend ETF 1.9 45 53 7.0 -4.6
IEMG iShares Core MSCI Emerging Markets ETF 1.9 9 89 9.3 -2.3
FPXE First Trust IPOX Europe Equity Opportunities ETF 1.8 70 28 4.4 -7.2
FPXI First Trust International Equity Opportunities ETF 1.8 70 28 4.6 -7.0
WWJD Inspire International ETF 1.8 80 18 6.7 -4.9
OAIM OneAscent International Equity ETF 1.8 95 3 5.1 -6.5
EEMS iShares MSCI Emerging Markets Small Cap ETF 1.7 70 28 7.0 -4.6
BATT Amplify Lithium & Battery Technology ETF 1.7 59 39 2.1 -9.5
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 1.7 41 57 7.8 -3.8
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 1.6 59 39 9.5 -2.1
NUEM Nuveen ESG Emerging Markets Equity ETF 1.6 36 62 6.8 -4.8
EMGF iShares Emerging Markets Equity Factor ETF 1.6 25 73 10.4 -1.2
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 1.6 58 40 8.9 -2.6
SILJ ETFMG Prime Junior Silver Miners ETF 1.5 69 29 0.4 -11.2
MEM Matthews Emerging Markets Equity Active ETF 1.5 79 19 9.8 -1.8
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 1.5 30 68 8.6 -3.0
GNR SPDR S&P Global Natural Resources ETF 1.5 40 58 8.2 -3.3
NXTG First Trust Indxx NextG ETF 1.5 70 28 4.9 -6.6
CGDG Capital Group Dividend Growers ETF 1.5 47 51 5.4 -6.2
FDEM Fidelity Emerging Markets Multifactor ETF 1.3 25 73 11.7 +0.1
AVEE Avantis Emerging Markets Small Cap Equity ETF 1.3 42 56 8.2 -3.3
AVIV Avantis International Large Cap Value ETF 1.2 25 73 7.4 -4.2
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.2 30 68 7.0 -4.6
AVDV Avantis International Small Cap Value ETF 1.2 36 62 8.4 -3.2
SDEM Global X MSCI SuperDividend Emerging Markets ETF 1.2 67 31 12.8 +1.2
IGRO iShares International Dividend Growth ETF 1.2 15 83 7.2 -4.4
TTAI FCF International Quality ETF 1.1 59 39 6.6 -5.0
FEP First Trust Europe AlphaDEX Fund 1.1 80 18 7.5 -4.1
DXIV Dimensional International Vector Equity ETF 1.1 34 64 7.1 -4.5
FEOE First Eagle Overseas Equity ETF 1.1 79 19 6.6 -5.0
RCGE RockCreek Global Equality ETF 1.1 95 3 6.6 -5.0
CGIE Capital Group International Equity ETF 1.1 54 44 5.0 -6.6
FRGN Horizon International Equity ETF 1.1 75 23 9.0 -2.6
FEGE First Eagle Global Equity ETF 1.1 79 19 6.4 -5.1
VIDI Vident International Equity Strategy ETF 1.0 61 37 9.1 -2.5
FTRI First Trust Indxx Global Natural Resources Income ETF 0.9 70 28 6.3 -5.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.9 41 57 6.6 -4.9
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.9 18 80 7.0 -4.5
VYMI Vanguard International High Dividend Yield ETF 0.9 17 81 8.6 -3.0
BLES Inspire Global Hope ETF 0.9 61 37 6.2 -5.3
DFIC Dimensional International Core Equity 2 ETF 0.9 23 75 6.7 -4.9
CBSE Clough Select Equity ETF 0.9 85 13 0.5 -11.0
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 0.9 86 12 0.3 -11.3
INQQ India Internet & Ecommerce ETF 0.9 86 12 0.7 -10.9
MINV Matthews Asia Innovators Active ETF 0.9 79 19 6.9 -4.7
DGIN VanEck Digital India ETF 0.9 71 27 1.7 -9.9
AWAY ETFMG Travel Tech ETF 0.9 76 22 1.3 -10.3
JETS U.S. Global Jets ETF 0.9 60 38 2.9 -8.7
GVAL Cambria Global Value ETF 0.9 68 30 9.7 -1.9
DFIS Dimensional International Small Cap ETF 0.9 39 59 6.7 -4.9
VSGX Vanguard ESG International Stock ETF 0.9 10 88 7.4 -4.2
EWUS iShares MSCI United Kingdom Small Cap ETF 0.9 59 39 8.0 -3.6
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 0.8 90 8 4.5 -7.0
DIM WisdomTree International MidCap Dividend Fund 0.8 58 40 6.7 -4.9
EWC iShares MSCI Canada ETF 0.8 50 48 5.5 -6.1
UEVM VictoryShares Emerging Markets Value Momentum ETF 0.8 45 53 10.0 -1.5
IQDF FlexShares International Quality Dividend Index Fund 0.8 47 51 8.3 -3.3
DISV Dimensional International Small Cap Value ETF 0.8 42 56 8.7 -2.8
DIHP Dimensional International High Profitability ETF 0.8 29 69 6.1 -5.5
ARKF ARK Fintech Innovation ETF 0.8 75 23 0.3 -11.2
DFIV Dimensional International Value ETF 0.8 27 71 8.3 -3.3
FEM First Trust Emerging Markets AlphaDEX Fund 0.8 80 18 9.5 -2.0
IXUS iShares Core MSCI Total International Stock ETF 0.7 7 91 7.2 -4.3
SCHC Schwab International Small-Cap Equity ETF 0.7 11 87 7.1 -4.5
VXUS Vanguard Total International Stock ETF 0.7 5 93 7.3 -4.3
ACWX iShares MSCI ACWI ex U.S. ETF 0.7 34 64 7.0 -4.5
NANR SPDR S&P North American Natural Resources ETF 0.7 35 63 6.1 -5.5
VEU Vanguard FTSE All-World ex-US Index Fund 0.7 4 94 7.4 -4.2
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.7 8 90 6.8 -4.8
SCHY Schwab International Dividend Equity ETF 0.7 14 84 8.6 -2.9
SRVR Pacer Data & Infrastructure Real Estate ETF 0.7 55 43 4.1 -7.5
CWI SPDR MSCI ACWI ex-US ETF 0.7 30 68 7.1 -4.5
AVDE Avantis International Equity ETF 0.7 23 75 6.7 -4.9
QINT American Century Quality Diversified International ETF 0.7 39 59 7.2 -4.4
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.7 80 18 7.4 -4.2
FDLS Inspire Fidelis Multi Factor ETF 0.6 76 22 3.6 -8.0
PDP Invesco Dorsey Wright Momentum ETF 0.6 62 36 1.8 -9.8
PEJ Invesco Leisure and Entertainment ETF 0.6 58 40 1.1 -10.5
PEZ Invesco Dorsey Wright Consumer Cyclicals Momentum ETF 0.6 60 38 0.8 -10.7
RPG Invesco S&P 500 Pure Growth ETF 0.6 35 63 3.2 -8.4
RSPD Invesco S&P 500 Equal Weight Consumer Discretionary ETF 0.6 40 58 6.1 -5.5
SPGP Invesco S&P 500 GARP ETF 0.6 34 64 6.3 -5.2
SPHB Invesco S&P 500 High Beta ETF 0.6 25 73 4.5 -7.1
SPMO Invesco S&P 500 Momentum ETF 0.6 13 85 3.8 -7.7
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 0.6 75 23 2.4 -9.1
AVLV Avantis U.S. Large Cap Value ETF 0.6 15 83 6.3 -5.2
BEDZ AdvisorShares Hotel ETF 0.6 100 -2 5.9 -5.7
EQIN Columbia US Equity Income ETF 0.6 35 63 6.4 -5.2
FDIS Fidelity MSCI Consumer Discretionary Index ETF 0.6 8 90 4.8 -6.8
JOET Virtus Terranova US Quality Momentum ETF 0.6 29 69 4.2 -7.4
VFMO Vanguard U.S. Momentum Factor ETF 0.6 13 85 1.9 -9.6
CGUS Capital Group Core Equity ETF 0.6 33 65 4.1 -7.5
CGDV Capital Group Dividend Value ETF 0.6 33 65 4.3 -7.2
CGGR Capital Group Growth ETF 0.6 39 59 2.9 -8.7
AVUQ Avantis U.S. Quality ETF 0.6 15 83 4.1 -7.5
GXPD Global X PureCap MSCI Consumer Discretionary ETF 0.6 25 73 3.9 -7.7
IMCG iShares Morningstar Mid-Cap Growth ETF 0.6 6 92 3.9 -7.7
IWP iShares Russell Mid-Cap Growth ETF 0.6 23 75 3.1 -8.5
IYC iShares U.S. Consumer Discretionary ETF 0.6 40 58 3.7 -7.8
MTUM iShares MSCI USA Momentum Factor ETF 0.6 15 83 3.0 -8.6
RXI iShares Global Consumer Discretionary ETF 0.6 41 57 8.6 -3.0
XLY Consumer Discretionary Select Sector SPDR 0.6 8 90 4.8 -6.8
VUSE Vident U.S. Equity Strategy ETF 0.6 50 48 4.1 -7.4
LGCF Themes US Cash Flow Champions ETF 0.6 30 68 7.5 -4.1
AKAF The Frontier Economic Fund 0.6 20 78 5.4 -6.1
VCR Vanguard Consumer Discretionary ETF 0.6 9 89 4.8 -6.8
VO Vanguard Mid-Cap ETF 0.6 4 94 5.7 -5.9
VOT Vanguard Mid-Cap Growth ETF 0.6 7 91 3.5 -8.1
IEDI iShares U.S. Consumer Focused ETF 0.6 18 80 5.2 -6.4
ISHP First Trust Nasdaq Retail ETF 0.6 60 38 5.7 -5.9
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 0.6 60 38 6.7 -4.9
DFAI Dimensional International Core Equity Market ETF 0.6 18 80 6.5 -5.1
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.6 86 12 12.6 +1.0
DUHP Dimensional US High Profitability ETF 0.6 21 77 5.6 -6.0
MXI iShares Global Materials ETF 0.6 41 57 6.3 -5.3
SNPG Xtrackers S&P 500 Growth ESG ETF 0.6 15 83 4.5 -7.1
IWR iShares Russell Midcap ETF 0.5 19 79 5.9 -5.7
GOP Unusual Whales Subversive Republican Trading ETF 0.5 50 48 4.9 -6.7
HAPI Harbor Human Capital Factor US Large Cap ETF 0.5 36 62 4.6 -7.0
IEUS iShares MSCI Europe Small-Cap ETF 0.5 42 56 7.4 -4.2
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 0.5 60 38 5.3 -6.3
IMCB iShares Morningstar Mid-Cap ETF 0.5 4 94 5.8 -5.8
SCZ iShares MSCI EAFE Small-Cap ETF 0.5 40 58 6.7 -4.9
JPIN J.P. Morgan Diversified Return International Equity ETF 0.5 37 61 7.5 -4.1
JSTC Adasina Social Justice All Cap Global ETF 0.5 89 9 5.0 -6.6
AVDS Avantis International Small Cap Equity ETF 0.5 30 68 6.5 -5.0
FNDC Schwab Fundamental International Small Co. Index ETF 0.5 39 59 7.3 -4.3
DVYE iShares Emerging Markets Dividend ETF 0.5 49 49 17.8 +6.3
FNDF Schwab Fundamental International Large Co. Index ETF 0.5 25 73 8.1 -3.4
BUZZ VanEck Social Sentiment ETF 0.5 75 23 -0.6 -12.2
CGGO Capital Group Global Growth Equity ETF 0.5 47 51 4.9 -6.7
RSPE Invesco ESG S&P 500 Equal Weight ETF 0.5 20 78 6.2 -5.4
FFLC Fidelity Fundamental Large Cap Core ETF 0.5 38 60 4.4 -7.2
YNOT Horizon Digital Frontier ETF 0.5 75 23 3.2 -8.4
IBUY Amplify Online Retail ETF 0.5 65 33 2.5 -9.1
TPIF Timothy Plan International ETF 0.5 62 36 5.9 -5.7
EMMF WisdomTree Emerging Markets Multifactor Fund 0.5 48 50 9.6 -2.0
FCPI Fidelity Stocks for Inflation ETF 0.5 15 83 6.3 -5.3
APIE ActivePassive International Equity ETF 0.4 45 53 7.0 -4.6
DFVX Dimensional US Large Cap Vector ETF 0.4 22 76 5.7 -5.8
ISCF iShares International SmallCap Equity Factor ETF 0.4 23 75 7.8 -3.8
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 0.4 95 3 11.4 -0.2
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.4 80 18 12.1 +0.6
INTF iShares International Equity Factor ETF 0.4 15 83 7.0 -4.6
BKIE BNY Mellon International Equity ETF 0.4 4 94 6.5 -5.1
GVLU Gotham 1000 Value ETF 0.4 50 48 8.6 -3.0
XOEF iShares S&P 500 ex S&P 100 ETF 0.4 20 78 5.1 -6.5
FDD First Trust Stoxx European Select Dividend Index Fund 0.4 58 40 10.9 -0.7
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.4 56 42 10.3 -1.3
FLGB Franklin FTSE United Kingdom ETF 0.4 9 89 7.1 -4.5
CIL VictoryShares International Volatility Wtd ETF 0.4 45 53 5.8 -5.8
SHE State Street SPDR MSCI USA Gender Diversity ETF 0.4 20 78 5.1 -6.5
GEW Cambria Global EW ETF 0.4 29 69 5.8 -5.7
DIVI Franklin International Core Dividend Tilt Index ETF 0.4 9 89 7.2 -4.4
FLQL Franklin LibertyQ U.S. Equity ETF 0.4 15 83 5.1 -6.5
QLC FlexShares US Quality Large Cap Index Fund 0.4 25 73 5.1 -6.5
WLDR Affinity World Leaders Equity ETF 0.4 67 31 6.9 -4.6
IDX VanEck Indonesia Index ETF 0.4 57 41 7.8 -3.7
SDIV Global X Superdividend ETF 0.4 58 40 13.7 +2.2
GWX SPDR S&P International Small Cap ETF 0.4 40 58 6.3 -5.3
JMOM JPMorgan U.S. Momentum Factor ETF 0.4 12 86 3.9 -7.7
DFSI Dimensional International Sustainability Core 1 ETF 0.4 24 74 6.1 -5.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.4 39 59 7.5 -4.0
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.4 47 51 8.2 -3.4
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.3 49 49 6.5 -5.1
VT Vanguard Total World Stock ETF 0.3 6 92 5.6 -6.0
IPAV Global X Infrastructure Development ex-U.S. ETF 0.3 55 43 6.4 -5.2
FVAL Fidelity Value Factor ETF 0.3 15 83 6.7 -4.9
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.3 42 56 4.5 -7.1
ACWI iShares MSCI ACWI ETF 0.3 32 66 5.3 -6.3
PIEL Pacer International Export Leaders ETF 0.3 60 38 4.7 -6.8
USXF iShares ESG Advanced MSCI USA ETF 0.3 10 88 4.5 -7.1
MOO VanEck Agribusiness ETF 0.3 53 45 8.6 -3.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.3 9 89 5.4 -6.1
KLMT Invesco MSCI Global Climate 500 ETF 0.3 10 88 5.6 -6.0
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.3 39 59 6.6 -5.0
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.3 35 63 6.2 -5.4
AVUS Avantis U.S. Equity ETF 0.3 15 83 5.3 -6.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.3 20 78 5.3 -6.2
DWMF WisdomTree International Multifactor Fund 0.3 38 60 7.0 -4.6
NULC Nuveen ESG Large-Cap ETF 0.3 21 77 4.5 -7.1
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.3 12 86 3.8 -7.7
TMFG Motley Fool Global Opportunities ETF 0.3 85 13 4.2 -7.4
NACP Impact Shares NAACP Minority Empowerment ETF 0.3 49 49 4.4 -7.2
STXI Strive International Developed Markets ETF 0.3 29 69 6.1 -5.4
MCDS JPMorgan Fundamental Data Science Mid Core ETF 0.3 35 63 5.3 -6.2
GLBL Pacer MSCI World Industry Advantage ETF 0.3 65 33 4.0 -7.6
SCHF Schwab International Equity ETF 0.3 6 92 6.6 -5.0
RFDI First Trust Riverfront Dynamic Developed International ETF 0.3 83 15 8.3 -3.3
EWX SPDR S&P Emerging Markets Small Cap ETF 0.3 65 33 7.1 -4.5
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.3 12 86 5.8 -5.8
ILCG iShares Morningstar Growth ETF 0.2 4 94 3.6 -8.0
VONG Vanguard Russell 1000 Growth ETF 0.2 7 91 4.0 -7.6
IWF iShares Russell 1000 Growth ETF 0.2 19 79 3.9 -7.7
SCHV Schwab U.S. Large-Cap Value ETF 0.2 4 94 6.1 -5.5
LGDX Intech S&P Large Cap Diversified Alpha ETF 0.2 25 73 4.6 -6.9
VOOG Vanguard S&P 500 Growth ETF 0.2 7 91 3.6 -8.0
IVW iShares S&P 500 Growth ETF 0.2 18 80 3.4 -8.1
SPYG State Street SPDR Portfolio S&P 500 Growth ETF 0.2 4 94 3.6 -8.0
OPTZ Optimize Strategy Index ETF 0.2 50 48 4.3 -7.3
NUDM Nuveen ESG International Developed Markets Equity ETF 0.2 31 67 6.1 -5.4
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.2 9 89 4.9 -6.7
DSI iShares MSCI KLD 400 Social ETF 0.2 25 73 4.7 -6.8
DFAC Dimensional U.S. Core Equity 2 ETF 0.2 17 81 5.2 -6.4
VEGI iShares MSCI Agriculture Producers ETF 0.2 39 59 7.4 -4.1
IUSG iShares Core S&P U.S. Growth ETF 0.2 4 94 3.6 -8.0
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 89 4.9 -6.7
EDOG ALPS Emerging Sector Dividend Dogs ETF 0.2 60 38 10.3 -1.3
OCEN IQ Clean Oceans ETF 0.2 45 53 4.5 -7.1
AVRE Avantis Real Estate ETF 0.2 17 81 7.4 -4.2
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.2 10 88 8.7 -2.9
RWX SPDR Dow Jones International Real Estate ETF 0.2 59 39 7.4 -4.1
VGSR Vert Global Sustainable Real Estate ETF 0.2 47 51 7.7 -3.9
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.2 12 86 8.9 -2.7
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.2 24 74 7.3 -4.3
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.2 9 89 5.6 -5.9
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.2 14 84 4.7 -6.9
VFMF Vanguard U.S. Multifactor ETF 0.2 18 80 7.2 -4.3
RWO SPDR Dow Jones Global Real Estate ETF 0.2 50 48 6.9 -4.7
EUDG WisdomTree Europe Quality Dividend Growth Fund 0.2 58 40 6.9 -4.7
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.2 30 68 4.3 -7.3
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.2 25 73 6.6 -4.9
BFOR ALPS Barron's 400 ETF 0.2 65 33 5.4 -6.2
DXUV Dimensional US Vector Equity ETF 0.2 28 70 5.8 -5.8
RVRB Reverb ETF 0.2 30 68 4.0 -7.6
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.2 8 90 4.9 -6.7
SIZE iShares MSCI USA Size Factor ETF 0.2 15 83 6.0 -5.6
GLOF iShares Global Equity Factor ETF 0.2 20 78 6.3 -5.3
DFGR Dimensional Global Real Estate ETF 0.2 22 76 7.6 -3.9
PNQI Invesco NASDAQ Internet ETF 0.2 60 38 4.1 -7.5
WSML iShares MSCI World Small-Cap ETF 0.2 15 83 5.9 -5.6
JHML John Hancock Multifactor Large Cap ETF 0.2 29 69 5.0 -6.6
OALC OneAscent Large Cap Core ETF 0.2 86 12 4.0 -7.6
SPXT ProShares S&P 500 Ex-Technology ETF 0.2 9 89 5.2 -6.4
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.2 7 91 4.9 -6.7
RSP Invesco S&P 500 Equal Weight ETF 0.2 20 78 6.3 -5.2
DCOR Dimensional US Core Equity 1 ETF 0.2 14 84 5.1 -6.5
REET iShares Global REIT ETF 0.2 14 84 7.6 -4.0
FTC First Trust Large Cap Growth AlphaDEX Fund 0.2 59 39 2.1 -9.5
XMAG Defiance Large Cap ex-Mag 7 ETF 0.2 35 63 4.8 -6.8
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.2 12 86 5.0 -6.6
IDEV iShares Core MSCI International Developed Markets ETF 0.2 4 94 6.5 -5.1
KLMN Invesco MSCI North America Climate ETF 0.2 9 89 4.8 -6.7
SNPE Xtrackers S&P 500 ESG ETF 0.2 10 88 4.9 -6.7
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.2 80 18 9.6 -1.9
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.2 45 53 7.5 -4.1
QVML Invesco S&P 500 QVM Multi-factor ETF 0.2 11 87 4.9 -6.7
EUSA iShares MSCI USA Equal Weighted ETF 0.2 9 89 6.0 -5.6
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.2 58 40 5.8 -5.8
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.2 20 78 4.8 -6.8
APUE ActivePassive U.S. Equity ETF 0.2 45 53 4.5 -7.1
ERTH Invesco MSCI Sustainable Future ETF 0.2 62 36 3.2 -8.4
PBD Invesco Global Clean Energy ETF 0.2 75 23 0.3 -11.2
TAN Invesco Solar ETF 0.2 67 31 4.5 -7.1
NORW Global X MSCI Norway ETF 0.2 50 48 7.7 -3.8
RNRG Global X Renewable Energy Producers ETF 0.2 66 32 4.6 -7.0
ENOR iShares MSCI Norway ETF 0.2 53 45 7.8 -3.8
DSPY Tema S&P 500 Historical Weight ETF 0.2 18 80 4.9 -6.7
VEA Vanguard FTSE Developed Markets ETF 0.2 3 95 6.6 -5.0
PRXG Praxis Impact Large Cap Growth ETF 0.2 36 62 3.6 -8.0
IQDG WisdomTree International Quality Dividend Growth Fund 0.2 42 56 6.2 -5.4
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.2 40 58 6.0 -5.5
TOPC iShares S&P 500 3% Capped ETF 0.1 15 83 4.9 -6.7
SFY SoFi Select 500 ETF 0.1 0 98 4.3 -7.3
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 89 4.8 -6.8
STXG Strive 1000 Growth ETF 0.1 18 80 3.7 -7.9
EGUS iShares ESG Aware MSCI USA Growth ETF 0.1 18 80 3.5 -8.1
EBI Longview Advantage ETF 0.1 35 63 6.5 -5.1
DWM WisdomTree International Equity Fund 0.1 48 50 6.0 -5.5
EPS WisdomTree U.S. LargeCap Fund 0.1 8 90 5.3 -6.2
SPXN ProShares S&P 500 Ex-Financials ETF 0.1 9 89 4.5 -7.1
PBUS Invesco MSCI USA ETF 0.1 4 94 4.7 -6.8
XVV iShares ESG Screened S&P 500 ETF 0.1 8 90 4.7 -6.9
VTV Vanguard Value ETF 0.1 4 94 6.2 -5.3
PRXV Praxis Impact Large Cap Value ETF 0.1 36 62 6.0 -5.6
EWU iShares MSCI United Kingdom ETF 0.1 50 48 7.5 -4.1
SPXV ProShares S&P 500 Ex-Health Care ETF 0.1 9 89 4.5 -7.1
CHRI Global X S&P 500 Christian Values ETF 0.1 29 69 4.5 -7.1
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.1 20 78 6.6 -5.0
VUG Vanguard Growth ETF 0.1 4 94 3.9 -7.7
AQLT iShares MSCI Global Quality Factor ETF 0.1 18 80 0.0 -11.6
TOK iShares MSCI Kokusai ETF 0.1 26 72 4.8 -6.8
SPYX State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 78 4.5 -7.0
SPDW SPDR Portfolio Developed World ex-US ETF 0.1 3 95 6.4 -5.1
DFAU Dimensional US Core Equity Market ETF 0.1 12 86 4.8 -6.8
IVV iShares Core S&P 500 ETF 0.1 3 95 4.8 -6.8
SPYM State Street SPDR Portfolio S&P 500 ETF 0.1 2 96 4.8 -6.8
VOO Vanguard S&P 500 ETF 0.1 3 95 4.7 -6.8
SPY SPDR S&P 500 ETF 0.1 9 89 4.7 -6.9
VV Vanguard Large-Cap ETF 0.1 4 94 4.6 -6.9
URTH iShares MSCI World ETF 0.1 24 74 4.9 -6.7
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.1 46 52 5.1 -6.5
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.1 2 96 4.7 -6.9
BKLC BNY Mellon US Large Cap Core Equity ETF 0.1 0 98 4.7 -6.9
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.1 7 91 4.6 -7.0
SPXE ProShares S&P 500 Ex-Energy ETF 0.1 9 89 4.6 -7.0
VOTE TCW Transform 500 ETF 0.1 5 93 4.6 -7.0
CATH Global X S&P 500 Catholic Values Custom ETF 0.1 29 69 4.5 -7.0
GXLC Global X U.S. 500 ETF 0.1 2 96 4.6 -7.0
AVSD Avantis Responsible International Equity ETF 0.1 23 75 6.5 -5.1
ILCB iShares Morningstar U.S. Equity ETF 0.1 3 95 4.6 -6.9
SCHX Schwab U.S. Large-Cap ETF 0.1 3 95 4.8 -6.8
DFUS Dimensional U.S. Equity ETF 0.1 9 89 4.6 -7.0
TOV JLens 500 Jewish Advocacy U.S. ETF 0.1 18 80 4.4 -7.2
IWB iShares Russell 1000 ETF 0.1 15 83 4.7 -6.9
IYY iShares Dow Jones U.S. ETF 0.1 20 78 4.6 -7.0
VONE Vanguard Russell 1000 ETF 0.1 7 91 4.7 -6.8
SLX VanEck Steel ETF 0.1 56 42 12.2 +0.6
IPAC iShares Core MSCI Pacific ETF 0.1 9 89 6.0 -5.6
SCHK Schwab 1000 Index ETF 0.1 5 93 4.8 -6.8
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.1 3 95 4.9 -6.7
STRV Strive 500 ETF 0.1 5 93 4.6 -7.0
ACVF American Conservative Values ETF 0.1 75 23 4.2 -7.4
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 11 87 4.7 -6.9
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 51 5.1 -6.5
IWV iShares Russell 3000 ETF 0.1 20 78 4.5 -7.0
SCHB Schwab U.S. Broad Market ETF 0.1 3 95 4.8 -6.8
VTHR Vanguard Russell 3000 ETF 0.1 7 91 4.7 -6.9
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.1 3 95 4.7 -6.9
VTI Vanguard Total Stock Market ETF 0.1 3 95 4.6 -6.9
IMTM iShares MSCI Intl Momentum Factor ETF 0.1 30 68 5.2 -6.4
ESGU iShares ESG Aware MSCI USA ETF 0.1 15 83 4.7 -6.9
CFA VictoryShares US 500 Volatility Wtd ETF 0.1 35 63 5.6 -6.0
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.1 40 58 5.6 -6.0
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.1 9 89 4.8 -6.7
HDUS Hartford Disciplined US Equity ETF 0.1 19 79 5.3 -6.3
IUS Invesco RAFI Strategic US ETF 0.1 19 79 6.2 -5.4
DAK Dakota Active Equity ETF 0.1 43 55 4.2 -7.4
IEFA iShares Core MSCI EAFE ETF 0.1 7 91 6.6 -5.0
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.1 25 73 6.9 -4.7
CRTC Xtrackers US National Critical Technologies ETF 0.1 35 63 4.5 -7.0
SSPY Syntax Stratified LargeCap ETF 0.1 30 68 6.5 -5.1
VSLU Applied Finance Valuation Large Cap ETF 0.1 49 49 5.3 -6.3
FLEE Franklin FTSE Europe ETF 0.1 9 89 6.8 -4.8
VPL Vanguard FTSE Pacific ETF 0.1 7 91 6.0 -5.6
IEUR iShares Core MSCI Europe ETF 0.1 11 87 6.9 -4.7
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.1 64 34 1.5 -10.1
RWL Invesco S&P 500 Revenue ETF 0.1 39 59 6.3 -5.2
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.1 25 73 5.5 -6.1
GMF SPDR S&P Emerging Asia Pacific ETF 0.1 49 49 9.7 -1.9
SPEU SPDR Portfolio Europe ETF 0.1 7 91 7.0 -4.6
VGK Vanguard FTSE Europe ETF 0.1 6 92 7.1 -4.5
SMLF iShares U.S. SmallCap Equity Factor ETF 0.1 15 83 5.5 -6.0
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.1 29 69 4.4 -7.2
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.1 12 86 4.0 -7.5
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.1 46 52 6.0 -5.6
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.1 12 86 6.8 -4.8
FBCG Fidelity Blue Chip Growth ETF 0.1 59 39 2.7 -8.9
FMDE Fidelity Enhanced Mid Cap ETF 0.1 23 75 5.9 -5.7
MODL VictoryShares WestEnd U.S. Sector ETF 0.1 42 56 4.6 -7.0
DEW WisdomTree Global High Dividend Fund 0.1 58 40 7.6 -4.0
ENHU iShares Enhanced Large Cap Core Active ETF 0.1 22 76 4.7 -6.9
EQAL Invesco Russell 1000 Equal Weight ETF 0.1 20 78 6.5 -5.1
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.1 36 62 5.8 -5.8
HFXI IQ FTSE International Equity Currency Neutral ETF 0.1 20 78 6.3 -5.3
DMXF iShares ESG Advanced MSCI EAFE ETF 0.0 12 86 5.5 -6.1
EFG iShares MSCI EAFE Growth ETF 0.0 36 62 4.2 -7.4
GSPY Gotham Enhanced 500 ETF 0.0 50 48 5.0 -6.6
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 81 6.8 -4.7
PRF Invesco FTSE RAFI US 1000 ETF 0.0 34 64 6.3 -5.3
WSGE Warren Street Global Equity ETF 0.0 80 18 3.2 -8.4
QUS State Street SPDR MSCI USA StrategicFactors ETF 0.0 15 83 5.4 -6.2
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 68 5.5 -6.1
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.0 20 78 6.1 -5.5
EFA iShares MSCI EAFE ETF 0.0 35 63 6.2 -5.3
FENI Fidelity Enhanced International ETF 0.0 28 70 6.3 -5.3
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 77 3.4 -8.2
DTH WisdomTree International High Dividend Fund 0.0 58 40 7.7 -3.8
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 73 6.8 -4.8
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 73 6.8 -4.8
REMX VanEck Rare Earth/Strategic Metals ETF 0.0 54 44 2.8 -8.8
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.0 39 59 2.6 -9.0
INRO iShares U.S. Industry Rotation Active ETF 0.0 42 56 4.1 -7.5
USEW Cambria US EW ETF 0.0 30 68 4.6 -7.0

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

  2020 2021 2022 2023 2024 2025E 2026E
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
  2024 2025E 2026E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 VanEck Africa Index ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 21.6 %
Divided by: Fwd. P/BV 1.7 x
Less: Expense ratio 98 bp
Equals: ALTAR Score 11.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.66 CATEGORY
AVERAGE		 1.52
 
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.