Global X MSCI Argentina ETF
ALTAR
Score™		 3.9% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 23.7x P/Sales
ratio		 1.3x
P/BV
ratio		 2.5x Div.
yield		 1.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Global X FTSE Argentina 20 ETF seeks to track the performance of the FTSE Argentina 20 Index.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Global X Management Co LLC
Website www.globalxfunds.com
Inception date Mar 02, 2011
Assets (mns) $793
Currency USD
Expense ratio 59 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Brown Brothers Harriman & Co
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 24
Wgt avg mkt cap (mns) $35,867
Large cap (>$10bn) 31.9%
Mid cap ($2-10bn) 46.0%
Small cap (<$2bn) 21.4%
Developed mkts 12.6%
Emerging mkts 87.4%

TOP TEN HOLDINGS
MERCADOLIBRE INC 24.0 %
YPF S.A.-SPONSORED ADR 10.8 %
GRUPO FINANCIERO GALICIA-ADR 8.9 %
SSR MINING INC 6.5 %
VISTA ENERGY SAB DE CV 5.0 %
EMBOTELLADORA ANDINA-PREF B 4.6 %
PAMPA ENERGIA SA-SPON ADR 4.3 %
BANCO MACRO SA-ADR 4.2 %
TRANSPORTADOR GAS SUR-SP ADR 4.1 %
CENCOSUD SA 4.0 %
Total 76.5 %

TOP COUNTRY EXPOSURE
ARGENTINA 70.2 %
CHILE 11.1 %
CANADA 8.1 %
UNITED STATES 5.0 %
URUGUAY 2.9 %
LUXEMBOURG 2.7 %





HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru September 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-15.5% 6.5% 26.4% 17.2% 7.1%

Market Correlations
versus... Beta R-squared
S&P500 1.04 20%
MSCI EAFE 0.97 22%
MSCI Emg. Mkts. 0.80 17%

Technical Indicators
Recent close $94.39
30d moving avg. $71.62
Annualized volatility 31.0%
Short interest (ETF) 6.7%
Relative strength (RSI) 49

Liquidity measures
Avg. volume (thou.) 760
Turnover 9.0%
Bid/Ask (% of price) 0.20%
ADV underlying (mns) $435

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 232 potential alternatives to the Global X MSCI Argentina ETF ETF based on the alternatives' overlap in portfolio holdings with ARGT. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: ARGT Expense: 59 bp ALTAR Score™: 3.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH ARGT
Ticker Fund
Name		 Overlap1
vs ARGT
(%)		 Expense
ratio
(bp)		 Savings
vs ARGT
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs ARGT
(%)
AADR AdvisorShares Dorsey Wright ADR ETF 15.9 110 -51 4.8 +1.0
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 9.8 86 -27 0.5 -3.4
ECH iShares MSCI Chile ETF 9.4 58 1 7.9 +4.0
BUYZ Franklin Disruptive Commerce ETF 5.2 50 9 2.3 -1.5
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 5.0 86 -27 13.7 +9.8
BCOR Grayscale Bitcoin Adopters ETF 4.1 59 0 2.3 -1.5
SILJ ETFMG Prime Junior Silver Miners ETF 4.1 69 -10 1.9 -1.9
CLOD Themes Cloud Computing ETF 3.6 35 24 3.1 -0.7
EBIZ Global X E-Commerce ETF 3.3 50 9 4.0 +0.1
GOEX Global X Gold Explorers ETF 3.3 65 -6 2.6 -1.2
LOGO Alpha Brands Consumption Leaders ETF 3.1 69 -10 3.2 -0.7
GOAU U.S. Global GO GOLD and Precious Metal Miners ETF 3.0 60 -1 3.6 -0.3
ISHP First Trust Nasdaq Retail ETF 3.0 60 -1 5.7 +1.8
CGXU Capital Group International Focus Equity ETF 2.9 54 5 5.2 +1.4
LOUP Innovator Deepwater Frontier Tech ETF 2.9 70 -11 1.0 -2.9
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 2.8 60 -1 10.1 +6.3
BITQ Bitwise Crypto Industry Innovators ETF 2.8 85 -26 -2.1 -6.0
GVIP Goldman Sachs Hedge Industry VIP ETF 2.7 45 14 3.1 -0.8
ARKF ARK Fintech Innovation ETF 2.6 75 -16 -0.4 -4.3
QQQG Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF 2.6 49 10 3.7 -0.2
TMFG Motley Fool Global Opportunities ETF 2.5 85 -26 4.0 +0.1
QNXT iShares Nasdaq-100 ex Top 30 ETF 2.4 20 39 4.2 +0.4
PNQI Invesco NASDAQ Internet ETF 2.4 60 -1 3.4 -0.5
ONLN ProShares Online Retail ETF 2.4 58 1 1.9 -1.9
XC WisdomTree Emerging Markets Ex-China Fund 2.4 32 27 6.3 +2.4
CBSE Clough Select Equity ETF 2.3 85 -26 0.9 -3.0
TOGA Tremblant Global ETF 2.3 69 -10 1.9 -1.9
BRF VanEck Brazil Small-Cap ETF 2.2 66 -7 11.1 +7.2
AOTG AOT Growth and Innovation ETF 2.1 75 -16 1.6 -2.3
EDOG ALPS Emerging Sector Dividend Dogs ETF 2.0 60 -1 10.6 +6.8
LGCF Themes US Cash Flow Champions ETF 2.0 30 29 8.4 +4.5
FDIS Fidelity MSCI Consumer Discretionary Index ETF 1.9 8 51 4.5 +0.6
OGIG ALPS O'Shares Global Internet Giants ETF 1.9 48 11 1.6 -2.3
FRDM Freedom 100 Emerging Markets ETF 1.8 49 10 7.5 +3.6
NULC Nuveen ESG Large-Cap ETF 1.8 21 38 4.6 +0.7
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.8 32 27 8.7 +4.8
GTEK Goldman Sachs Future Tech Leaders Equity ETF 1.8 75 -16 2.8 -1.0
BLOK Amplify Transformational Data Sharing ETF 1.7 75 -16 -0.4 -4.3
USRD Themes US R&D Champions ETF 1.7 29 30 4.4 +0.5
FFOG Franklin Focused Growth ETF 1.7 61 -2 2.3 -1.6
NULG Nuveen ESG Large-Cap Growth ETF 1.7 26 33 3.3 -0.5
CGIE Capital Group International Equity ETF 1.6 54 5 5.0 +1.2
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 1.6 60 -1 4.7 +0.8
UEVM VictoryShares Emerging Markets Value Momentum ETF 1.5 45 14 10.6 +6.7
RING iShares MSCI Global Gold Miners ETF 1.5 39 20 4.0 +0.1
SLVP iShares MSCI Global Silver Miners ETF 1.5 39 20 5.7 +1.8
VCR Vanguard Consumer Discretionary ETF 1.5 9 50 4.4 +0.5
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.4 35 24 4.1 +0.2
AGMI Themes Silver Miners ETF 1.4 35 24 4.5 +0.7
BRAZ Global X Brazil Active ETF 1.1 75 -16 12.2 +8.3
TECB iShares U.S. Tech Breakthrough Multisector ETF 1.1 40 19 3.5 -0.3
FDFF Fidelity Disruptive Finance ETF 1.1 50 9 4.7 +0.8
HAPI Harbor Human Capital Factor US Large Cap ETF 1.1 36 23 4.7 +0.9
KOCG FIS Knights of Columbus Global Belief ETF 1.0 75 -16 5.3 +1.4
FLLA Franklin FTSE Latin America ETF 1.0 19 40 12.4 +8.5
CGGO Capital Group Global Growth Equity ETF 1.0 47 12 4.5 +0.7
GINN Goldman Sachs Innovate Equity ETF 1.0 52 7 3.5 -0.4
ARKW ARK Next Generation Internet ETF 0.9 87 -28 -0.4 -4.2
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.9 33 26 9.4 +5.5
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 0.9 58 1 4.1 +0.2
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 0.8 88 -29 8.2 +4.4
EMC Global X Emerging Markets Great Consumer ETF 0.8 75 -16 10.9 +7.1
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.8 29 30 8.3 +4.5
EMM Global X Emerging Markets ex-China ETF 0.8 75 -16 6.0 +2.2
VFVA Vanguard U.S. Value Factor ETF 0.8 13 46 11.1 +7.3
PBJ Invesco Food & Beverage ETF 0.8 57 2 7.9 +4.0
JIG JPMorgan International Growth ETF 0.7 55 4 4.6 +0.8
ILF iShares Latin America 40 ETF 0.7 48 11 12.1 +8.2
GVAL Cambria Global Value ETF 0.7 68 -9 10.2 +6.4
QQMG Invesco ESG NASDAQ 100 ETF 0.7 20 39 3.9 +0.1
WWJD Inspire International ETF 0.7 80 -21 7.3 +3.4
RGEF Rockefeller Global Equity ETF 0.6 55 4 4.6 +0.8
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 0.6 44 15 10.4 +6.6
VIDI Vident International Equity Strategy ETF 0.6 61 -2 10.5 +6.7
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.6 80 -21 4.9 +1.0
IBUY Amplify Online Retail ETF 0.6 65 -6 0.9 -3.0
MEM Matthews Emerging Markets Equity Active ETF 0.6 79 -20 7.3 +3.5
QQQ Invesco QQQ Trust Series I 0.6 20 39 3.9 0.0
OPTZ Optimize Strategy Index ETF 0.6 50 9 4.6 +0.7
QQQM Invesco NASDAQ 100 ETF 0.6 15 44 3.9 +0.0
QQWZ Pacer Cash COWZ 100-Nasdaq100 Rotator ETF 0.6 49 10 3.6 -0.3
ESMV iShares ESG MSCI USA Min Vol Factor ETF 0.5 18 41 6.0 +2.1
ROAM Hartford Multifactor Emerging Markets ETF 0.5 44 15 11.5 +7.7
EGUS iShares ESG Aware MSCI USA Growth ETF 0.5 18 41 3.7 -0.1
LIMI Themes Lithium & Battery Metal Miners ETF 0.5 35 24 5.3 +1.5
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.5 9 50 4.7 +0.9
EELV Invesco S&P Emerging Markets Low Volatility ETF 0.5 29 30 9.2 +5.4
SUSA iShares MSCI USA ESG Select ETF 0.4 25 34 4.6 +0.7
USXF iShares ESG Advanced MSCI USA ETF 0.4 10 49 4.5 +0.6
ONEQ Fidelity Nasdaq Composite Index ETF 0.4 21 38 3.5 -0.4
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.4 10 49 5.0 +1.1
AVSU Avantis Responsible U.S. Equity ETF 0.4 15 44 5.9 +2.0
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.4 10 49 4.8 +0.9
JGRO JPMorgan Active Growth ETF 0.4 44 15 3.3 -0.6
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 0.4 79 -20 4.4 +0.5
RODE Hartford Multifactor Diversified International ETF 0.4 29 30 11.5 +7.6
LIT Global X Lithium & Battery Tech ETF 0.4 75 -16 3.5 -0.4
SHE SPDR MSCI USA Gender Diversity ETF 0.4 20 39 4.9 +1.1
USMV iShares MSCI USA Min Vol Factor ETF 0.4 15 44 6.0 +2.1
MTUM iShares MSCI USA Momentum Factor ETF 0.4 15 44 3.4 -0.4
TRFM AAM Transformers ETF 0.4 49 10 1.2 -2.7
SGDM Sprott Gold Miners ETF 0.4 50 9 3.1 -0.8
AVUS Avantis U.S. Equity ETF 0.3 15 44 5.6 +1.8
BLES Inspire Global Hope ETF 0.3 61 -2 6.8 +2.9
APIE ActivePassive International Equity ETF 0.3 45 14 7.3 +3.4
FFLC Fidelity Fundamental Large Cap Core ETF 0.3 38 21 4.5 +0.6
ILCG iShares Morningstar Growth ETF 0.3 4 55 3.6 -0.3
SUSL iShares ESG MSCI USA Leaders ETF 0.3 10 49 4.8 +0.9
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.3 7 52 5.0 +1.1
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.3 39 20 7.9 +4.0
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.3 80 -21 9.2 +5.3
QLC FlexShares US Quality Large Cap Index Fund 0.3 25 34 5.2 +1.3
WRND IQ Global Equity R&D Leaders ETF 0.3 18 41 7.7 +3.9
FNDC Schwab Fundamental International Small Co. Index ETF 0.3 39 20 5.8 +1.9
LRGF iShares U.S. Equity Factor ETF 0.3 8 51 5.3 +1.4
DFIS Dimensional International Small Cap ETF 0.3 39 20 7.3 +3.4
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.3 10 49 4.2 +0.3
IGF iShares Global Infrastructure ETF 0.3 41 18 4.7 +0.8
GII SPDR S&P Global Infrastructure ETF 0.3 40 19 4.7 +0.9
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.3 8 51 4.8 +1.0
VOTE TCW Transform 500 ETF 0.2 5 54 4.7 +0.9
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.2 2 57 4.8 +0.9
BKLC BNY Mellon US Large Cap Core Equity ETF 0.2 0 59 4.8 +0.9
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.2 7 52 4.7 +0.8
ESGU iShares ESG Aware MSCI USA ETF 0.2 15 44 4.6 +0.7
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.2 10 49 4.2 +0.3
KOMP SPDR S&P Kensho New Economies Composite ETF 0.2 20 39 2.3 -1.5
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.2 39 20 5.9 +2.0
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.2 49 10 6.9 +3.0
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.2 45 14 9.8 +5.9
GLBL Pacer MSCI World Industry Advantage ETF 0.2 65 -6 4.0 +0.1
GLOF iShares Global Equity Factor ETF 0.2 20 39 6.3 +2.4
NANR SPDR S&P North American Natural Resources ETF 0.2 35 24 7.8 +3.9
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.2 11 48 4.8 +0.9
EEMO Invesco S&P Emerging Markets Momentum ETF 0.2 29 30 6.5 +2.6
EMGF iShares Emerging Markets Equity Factor ETF 0.2 25 34 11.0 +7.2
SCHC Schwab International Small-Cap Equity ETF 0.2 11 48 6.6 +2.7
MGMT Ballast Small/Mid Cap ETF 0.2 110 -51 8.8 +4.9
KROP Global X AgTech & Food Innovation ETF 0.2 50 9 2.1 -1.8
ESGV Vanguard ESG U.S. Stock ETF 0.2 9 50 4.6 +0.7
AVDS Avantis International Small Cap Equity ETF 0.2 30 29 7.2 +3.4
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.2 50 9 10.7 +6.8
KLMN Invesco MSCI North America Climate ETF 0.2 9 50 4.8 +0.9
DXIV Dimensional International Vector Equity ETF 0.2 34 25 7.8 +4.0
ILCB iShares Morningstar U.S. Equity ETF 0.2 3 56 4.7 +0.8
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 50 5.1 +1.2
EUSA iShares MSCI USA Equal Weighted ETF 0.2 9 50 6.2 +2.3
PBUS Invesco MSCI USA ETF 0.2 4 55 4.7 +0.9
ACWV iShares MSCI Global Min Vol Factor ETF 0.2 20 39 6.3 +2.4
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.2 25 34 5.5 +1.7
EVLU iShares MSCI Emerging Markets Value Factor ETF 0.2 35 24 16.4 +12.6
INRO iShares U.S. Industry Rotation Active ETF 0.2 42 17 4.1 +0.3
QUS SPDR MSCI USA StrategicFactors ETF 0.2 15 44 5.7 +1.8
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.1 70 -11 7.6 +3.7
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 47 5.0 +1.1
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 8 51 6.1 +2.3
SIZE iShares MSCI USA Size Factor ETF 0.1 15 44 6.1 +2.3
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.1 12 47 7.7 +3.9
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.1 58 1 10.0 +6.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 50 5.5 +1.6
TOK iShares MSCI Kokusai ETF 0.1 26 33 4.9 +1.0
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.1 39 20 15.6 +11.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 39 5.5 +1.6
CCNR ALPS CoreCommodity Natural Resources ETF 0.1 39 20 10.0 +6.2
KLMT Invesco MSCI Global Climate 500 ETF 0.1 10 49 5.6 +1.7
RVRB Reverb ETF 0.1 30 29 4.4 +0.5
URTH iShares MSCI World ETF 0.1 24 35 4.9 +1.1
ACWI iShares MSCI ACWI ETF 0.1 32 27 5.4 +1.5
JHEM John Hancock Multifactor Emerging Markets ETF 0.1 49 10 9.6 +5.7
VT Vanguard Total World Stock ETF 0.1 6 53 5.7 +1.8
BKEM BNY Mellon Emerging Markets Equity ETF 0.1 11 48 9.5 +5.7
AVXC Avantis Emerging Markets Ex-China Equity ETF 0.1 33 26 8.2 +4.3
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.1 59 0 8.5 +4.7
KXI iShares Global Consumer Staples ETF 0.1 41 18 5.8 +1.9
SMLF iShares U.S. SmallCap Equity Factor ETF 0.1 15 44 5.9 +2.0
DISV Dimensional International Small Cap Value ETF 0.1 42 17 8.9 +5.1
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.1 36 23 9.2 +5.4
EPS WisdomTree U.S. LargeCap Fund 0.1 8 51 5.6 +1.7
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.1 15 44 7.4 +3.5
IUS Invesco RAFI Strategic US ETF 0.1 19 40 6.8 +2.9
XCNY SPDR S&P Emerging Markets ex-China ETF 0.1 15 44 7.4 +3.6
EMXF iShares ESG Advanced MSCI EM ETF 0.1 16 43 8.1 +4.2
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 29 5.9 +2.0
AVEM Avantis Emerging Markets Equity ETF 0.1 33 26 8.2 +4.3
AVSE Avantis Responsible Emerging Markets Equity ETF 0.1 33 26 8.1 +4.2
AVES Avantis Emerging Markets Value ETF 0.1 36 23 10.8 +7.0
SCHE Schwab Emerging Markets Equity ETF 0.1 11 48 10.6 +6.7
PXH Invesco FTSE RAFI Emerging Markets ETF 0.1 49 10 15.2 +11.4
RNEM First Trust Emerging Markets Equity Select ETF 0.1 75 -16 7.8 +3.9
AVLV Avantis U.S. Large Cap Value ETF 0.1 15 44 7.8 +3.9
DEHP Dimensional Emerging Markets High Profitability ETF 0.1 41 18 6.3 +2.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.1 30 29 7.7 +3.9
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.1 41 18 8.4 +4.6
VWO Vanguard FTSE Emerging Markets ETF 0.1 7 52 9.9 +6.0
IEMG iShares Core MSCI Emerging Markets ETF 0.1 9 50 9.9 +6.0
EMXC iShares MSCI Emerging Markets ex China ETF 0.1 25 34 7.0 +3.2
AVDE Avantis International Equity ETF 0.1 23 36 7.3 +3.4
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.1 15 44 9.7 +5.9
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.1 46 13 5.8 +1.9
DFAE Dimensional Emerging Core Equity Market ETF 0.0 35 24 8.8 +5.0
DFIC Dimensional International Core Equity 2 ETF 0.0 23 36 7.4 +3.5
DFEV Dimensional Emerging Markets Value ETF 0.0 43 16 12.6 +8.8
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.0 30 29 8.9 +5.0
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.0 39 20 5.3 +1.4
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.0 66 -7 8.9 +5.0
DEXC Dimensional Emerging Markets ex China Core EquityETF 0.0 53 6 7.4 +3.6
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.0 30 29 9.7 +5.9
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.0 38 21 8.8 +5.0
EEM iShares MSCI Emerging Markets ETF 0.0 69 -10 9.6 +5.8
IXUS iShares Core MSCI Total International Stock ETF 0.0 7 52 7.7 +3.8
NUEM Nuveen ESG Emerging Markets Equity ETF 0.0 36 23 7.5 +3.6
VSGX Vanguard ESG International Stock ETF 0.0 10 49 7.5 +3.7
VXUS Vanguard Total International Stock ETF 0.0 5 54 7.7 +3.8
SPEM SPDR Portfolio Emerging Markets ETF 0.0 7 52 10.2 +6.3
THRO iShares U.S. Thematic Rotation Active ETF 0.0 90 -31 3.9 +0.1
DFAI Dimensional International Core Equity Market ETF 0.0 18 41 7.1 +3.2
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.0 18 41 7.8 +3.9
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.0 41 18 7.1 +3.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 14 8.6 +4.8
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 35 6.3 +2.5
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 55 6.9 +3.0
VEU Vanguard FTSE All-World ex-US Index Fund 0.0 4 55 7.9 +4.1
VEA Vanguard FTSE Developed Markets ETF 0.0 3 56 7.1 +3.2
VYMI Vanguard International High Dividend Yield ETF 0.0 17 42 9.5 +5.7
ACWX iShares MSCI ACWI ex U.S. ETF 0.0 34 25 7.5 +3.6
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 56 6.8 +3.0
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 20 6.7 +2.8
PKW Invesco Buyback Achievers ETF 0.0 62 -3 7.4 +3.5
EBI Longview Advantage ETF 0.0 35 24 6.5 +2.6
DFAS Dimensional U.S. Small Cap ETF 0.0 26 33 6.5 +2.7
DFAT Dimensional U.S. Targeted Value ETF 0.0 28 31 9.6 +5.8
DFUS Dimensional U.S. Equity ETF 0.0 9 50 4.7 +0.8

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:		 Global X MSCI Argentina ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 10.4 %
Divided by: Fwd. P/BV 2.3 x
Less: Expense ratio 59 bp
Equals: ALTAR Score 3.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.48 CATEGORY
AVERAGE		 1.51
 
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.