Global X MSCI Argentina ETF
ALTAR
Score™		 7.4% info Recommen-
dation		 NEUTRAL
2024E    2025E
P/E
ratio		 11.7x P/Sales
ratio		 0.8x
P/BV
ratio		 1.4x Div.
yield		 2.8%


  • 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) $189
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 25
Wgt avg mkt cap (mns) $18,460
Large cap (>$10bn) 29.0%
Mid cap ($2-10bn) 41.0%
Small cap (<$2bn) 27.9%
Developed mkts 17.9%
Emerging mkts 82.1%

TOP TEN HOLDINGS
MERCADOLIBRE INC 15.9 %
GRUPO FINANCIERO GALICIA-ADR 11.1 %
YPF S.A.-SPONSORED ADR 10.2 %
BANCO MACRO SA-ADR 6.5 %
TRANSPORTADOR GAS SUR-SP ADR 4.5 %
PAMPA ENERGIA SA-SPON ADR 4.5 %
FILO MINING CORP. 4.3 %
SSR MINING INC 3.9 %
CENTRAL PUERTO S.A. SPONSORED ADR 3.8 %
ARCOS DORADOS HOLDINGS INC-A 3.8 %
Total 68.6 %

TOP COUNTRY EXPOSURE
ARGENTINA 70.8 %
CANADA 10.0 %
CHILE 9.8 %
LUXEMBOURG 5.4 %
URUGUAY 3.8 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-2.9% 29.1% 14.1% 10.8% 4.9%

Market Correlations
versus... Beta R-squared
S&P500 1.27 45%
MSCI EAFE 1.38 49%
MSCI Emg. Mkts. 1.05 30%

Technical Indicators
Recent close $54.62
30d moving avg. $46.68
Annualized volatility 33.8%
Short interest (ETF) 0.7%
Relative strength (RSI) 76

Liquidity measures
Avg. volume (thou.) 66
Turnover 1.9%
Bid/Ask (% of price) 0.47%
ADV underlying (mns) $427

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 218 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™: 7.4%


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 11.9 110 -51 5.4 -2.0
ECH iShares MSCI Chile ETF 8.8 58 1 10.7 +3.3
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 7.9 86 -27 1.9 -5.5
DKRB Subversive Decarbonization ETF 7.5 75 -16 0.0 -7.4
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 6.9 86 -27 1.9 -5.5
KCAL Subversive Food Security ETF 5.0 75 -16 0.0 -7.4
BRAZ Global X Brazil Active ETF 4.8 75 -16 10.3 +2.9
BRF VanEck Brazil Small-Cap ETF 4.3 66 -7 7.9 +0.5
BUYZ Franklin Disruptive Commerce ETF 4.2 50 9 2.1 -5.3
EATZ AdvisorShares Restaurant ETF 3.8 101 -42 2.7 -4.8
CLOD Themes Cloud Computing ETF 3.3 35 24 3.7 -3.7
EBIZ Global X E-Commerce ETF 3.0 50 9 1.2 -6.2
MOHR Collaborative Investment Series Trust - Mohr Growth ETF 3.0 106 -47 2.9 -4.5
PBJ Invesco Food & Beverage ETF 2.8 57 2 5.4 -2.0
ARKF ARK Fintech Innovation ETF 2.6 75 -16 -2.2 -9.6
CGXU Capital Group International Focus Equity ETF 2.5 54 5 4.1 -3.3
ONLN ProShares Online Retail ETF 2.5 58 1 3.1 -4.3
EMFQ Amplify Emerging Markets FinTech ETF 2.5 69 -10 5.4 -2.0
PNQI Invesco NASDAQ Internet ETF 2.5 60 -1 2.6 -4.8
INNO Harbor Disruptive Innovation ETF 2.5 75 -16 -3.5 -10.9
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 2.5 60 -1 0.9 -6.5
GBUY Goldman Sachs Future Consumer Equity ETF 2.4 75 -16 3.1 -4.3
SGDM Sprott Gold Miners ETF 2.4 50 9 5.9 -1.5
AWAY ETFMG Travel Tech ETF 2.4 76 -17 -4.1 -11.5
XNTK SPDR NYSE Technology ETF 2.3 35 24 4.0 -3.5
COPX Global X Copper Miners ETF 2.2 65 -6 6.9 -0.5
AOTG AOT Growth and Innovation ETF 2.2 75 -16 3.0 -4.4
GTEK Goldman Sachs Future Tech Leaders Equity ETF 2.2 75 -16 3.2 -4.2
BLOK Amplify Transformational Data Sharing ETF 2.1 75 -16 1.1 -6.3
TMFG Motley Fool Global Opportunities ETF 2.0 85 -26 3.3 -4.1
EDOG ALPS Emerging Sector Dividend Dogs ETF 2.0 60 -1 14.7 +7.3
RAYD Rayliant Quantitative Developed Market Equity ETF 1.9 80 -21 4.5 -2.9
GVIP Goldman Sachs Hedge Industry VIP ETF 1.8 45 14 4.6 -2.8
EEMD AAM S&P Emerging Markets High Dividend Value ETF 1.7 49 10 19.0 +11.6
PBW Invesco WilderHill Clean Energy ETF 1.7 66 -7 -19.8 -27.2
ISHP First Trust Nasdaq Retail ETF 1.7 60 -1 3.2 -4.3
BTEK Future Tech ETF 1.6 88 -29 2.1 -5.3
OGIG ALPS O'Shares Global Internet Giants ETF 1.6 48 11 0.5 -7.0
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 1.6 60 -1 5.6 -1.9
NULG Nuveen ESG Large-Cap Growth ETF 1.5 26 33 4.4 -3.0
NULC Nuveen ESG Large-Cap ETF 1.4 21 38 5.5 -1.9
FDIS Fidelity MSCI Consumer Discretionary Index ETF 1.4 8 51 4.9 -2.5
GDXJ VanEck Junior Gold Miners ETF 1.3 52 7 4.8 -2.6
GOEX Global X Gold Explorers ETF 1.3 65 -6 4.9 -2.5
FRDM Freedom 100 Emerging Markets ETF 1.2 49 10 7.3 -0.1
PWB Invesco Large Cap Growth ETF 1.1 56 3 3.1 -4.3
TECB iShares U.S. Tech Breakthrough Multisector ETF 1.1 40 19 4.1 -3.3
MGMT Ballast Small/Mid Cap ETF 1.1 110 -51 7.8 +0.4
BITQ Bitwise Crypto Industry Innovators ETF 1.1 85 -26 -4.7 -12.1
VCR Vanguard Consumer Discretionary ETF 1.1 10 49 4.7 -2.7
ECOW Pacer Emerging Markets Cash Cows 100 ETF 1.0 70 -11 11.4 +4.0
ARKW ARK Next Generation Internet ETF 1.0 87 -28 -2.9 -10.3
VIDI Vident International Equity Strategy ETF 1.0 61 -2 11.9 +4.5
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 1.0 75 -16 3.8 -3.6
MEM Matthews Emerging Markets Equity Active ETF 1.0 79 -20 5.7 -1.7
DRIV Global X Autonomous & Electric Vehicles ETF 1.0 68 -9 3.4 -4.1
SILJ ETFMG Prime Junior Silver Miners ETFMG Prime Junior Silver M 1.0 69 -10 1.3 -6.1
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.9 35 24 4.8 -2.6
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 0.9 58 1 4.8 -2.6
EMM Global X Emerging Markets ex-China ETF 0.9 75 -16 3.7 -3.7
GVAL Cambria Global Value ETF 0.9 68 -9 12.3 +4.9
KROP Global X AgTech & Food Innovation ETF 0.9 50 9 4.7 -2.7
IBUY Amplify Online Retail ETF 0.8 65 -6 1.8 -5.6
UEVM VictoryShares Emerging Markets Value Momentum ETF 0.8 45 14 12.7 +5.3
EMC Global X Emerging Markets Great Consumer ETF 0.7 75 -16 4.9 -2.5
AVLV Avantis U.S. Large Cap Value ETF 0.7 15 44 7.5 +0.1
BATT Amplify Lithium & Battery Technology ETF 0.7 59 0 2.9 -4.5
JGRO JPMorgan Active Growth ETF 0.7 44 15 3.4 -4.0
FLN First Trust Latin America AlphaDEX Fund 0.7 80 -21 11.1 +3.7
JOET Virtus Terranova US Quality Momentum ETF 0.7 29 30 5.2 -2.2
RING iShares MSCI Global Gold Miners ETF 0.7 39 20 5.7 -1.7
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.6 33 26 7.2 -0.2
GINN Goldman Sachs Innovate Equity ETF 0.6 52 7 2.7 -4.7
TRFM AAM Transformers ETF 0.6 49 10 1.2 -6.2
KOMP SPDR S&P Kensho New Economies Composite ETF 0.6 20 39 2.1 -5.3
FLLA Franklin FTSE Latin America ETF 0.6 19 40 11.7 +4.3
KOCG FIS Knights of Columbus Global Belief ETF 0.6 75 -16 5.3 -2.1
DARP Grizzle Growth ETF 0.6 75 -16 3.2 -4.2
CGGO Capital Group Global Growth Equity ETF 0.5 47 12 4.3 -3.1
JIG JPMorgan International Growth ETF 0.5 55 4 4.3 -3.1
QQQM Invesco NASDAQ 100 ETF 0.5 15 44 4.7 -2.7
QQQ Invesco QQQ Trust Series I 0.5 20 39 4.6 -2.8
CARZ First Trust NASDAQ Global Auto Index Fund 0.5 70 -11 3.5 -4.0
QQMG Invesco ESG NASDAQ 100 ETF 0.5 20 39 4.7 -2.7
XT iShares Exponential Technologies ETF 0.5 46 13 3.9 -3.5
ILF iShares Latin America 40 ETF 0.5 48 11 10.3 +2.9
WWJD Inspire International ETF 0.5 80 -21 7.1 -0.3
MTUM iShares MSCI USA Momentum Factor ETF 0.4 15 44 3.7 -3.7
LIT Global X Lithium & Battery Tech ETF 0.4 75 -16 10.2 +2.8
TIME Clockwise Core Equity & Innovation ETF 0.4 95 -36 2.0 -5.4
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.4 80 -21 11.0 +3.6
HAPI Harbor Human Capital Factor US Large Cap ETF 0.4 36 23 4.8 -2.6
QLC FlexShares US Quality Large Cap Index Fund 0.4 25 34 5.6 -1.8
LRGF iShares U.S. Equity Factor ETF 0.4 8 51 5.8 -1.6
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 0.4 44 15 10.3 +2.9
SLVP iShares MSCI Global Silver Miners ETF 0.4 39 20 3.8 -3.6
USXF iShares ESG Advanced MSCI USA ETF 0.4 10 49 5.2 -2.2
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.3 10 49 5.2 -2.3
NACP Impact Shares NAACP Minority Empowerment ETF 0.3 49 10 5.0 -2.4
ONEQ Fidelity Nasdaq Composite Index ETF 0.3 21 38 3.9 -3.5
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.3 75 -16 4.7 -2.7
ILCG iShares Morningstar Growth ETF 0.3 4 55 4.1 -3.3
GDEF Goldman Sachs Defensive Equity ETF 0.3 55 4 4.4 -3.1
EQAL Invesco Russell 1000 Equal Weight ETF 0.3 20 39 6.0 -1.4
MVPS Amplify Thematic All-Stars ETF 0.3 49 10 1.7 -5.8
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.3 39 20 4.5 -2.9
SUSL iShares ESG MSCI USA Leaders ETF 0.3 10 49 5.1 -2.3
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.3 10 49 5.4 -2.0
EGUS iShares ESG Aware MSCI USA Growth ETF 0.3 18 41 4.3 -3.1
AVUS Avantis U.S. Equity ETF 0.3 15 44 6.0 -1.4
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.3 9 50 5.0 -2.4
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.2 10 49 4.9 -2.5
IGF iShares Global Infrastructure ETF 0.2 41 18 5.0 -2.4
GII SPDR S&P Global Infrastructure ETF 0.2 40 19 5.0 -2.4
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 0.2 32 27 7.6 +0.2
BLES Inspire Global Hope ETF 0.2 61 -2 6.3 -1.1
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.2 10 49 4.8 -2.6
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.2 7 52 5.2 -2.2
GLOF iShares Global Equity Factor ETF 0.2 20 39 7.1 -0.3
EMMF WisdomTree Emerging Markets Multifactor Fund 0.2 48 11 9.4 +2.0
SMLF iShares U.S. SmallCap Equity Factor ETF 0.2 15 44 5.8 -1.6
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.2 50 9 10.5 +3.1
VOTE TCW Transform 500 ETF 0.2 5 54 5.2 -2.2
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.2 2 57 5.3 -2.2
ROAM Hartford Multifactor Emerging Markets ETF 0.2 44 15 11.7 +4.3
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.2 45 14 8.6 +1.2
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.2 7 52 5.2 -2.2
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.2 70 -11 7.2 -0.2
BKLC BNY Mellon US Large Cap Core Equity ETF 0.2 0 59 5.3 -2.2
SUSA iShares MSCI USA ESG Select ETF 0.2 25 34 5.4 -2.1
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.2 11 48 5.2 -2.2
ESGV Vanguard ESG U.S. Stock ETF 0.2 9 50 5.1 -2.4
ILCB iShares Morningstar U.S. Equity ETF 0.2 3 56 5.3 -2.2
ESGU iShares ESG Aware MSCI USA ETF 0.2 15 44 5.2 -2.2
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.1 39 20 12.5 +5.1
WRND IQ Global Equity R&D Leaders ETF 0.1 18 41 7.2 -0.2
PBUS Invesco MSCI USA ETF 0.1 4 55 5.3 -2.1
FNDA Schwab Fundamental US Small Co. Index ETF 0.1 25 34 6.8 -0.6
SIZE iShares MSCI USA Size Factor ETF 0.1 15 44 6.0 -1.4
EUSA iShares MSCI USA Equal Weighted ETF 0.1 9 50 6.1 -1.3
EMGF iShares Emerging Markets Equity Factor ETF 0.1 25 34 8.7 +1.3
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 50 5.5 -1.9
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.1 25 34 5.7 -1.8
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 47 5.1 -2.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 39 5.6 -1.8
TOK iShares MSCI Kokusai ETF 0.1 26 33 5.3 -2.1
RVRB Reverb ETF 0.1 30 29 5.0 -2.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 50 5.7 -1.7
URTH iShares MSCI World ETF 0.1 24 35 5.4 -2.0
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.1 58 1 10.1 +2.7
ACWI iShares MSCI ACWI ETF 0.1 32 27 5.5 -1.9
VT Vanguard Total World Stock ETF 0.1 7 52 5.8 -1.6
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.1 41 18 7.8 +0.4
BKSE BNY Mellon US Small Cap Core Equity ETF 0.1 4 55 5.7 -1.7
DFEV Dimensional Emerging Markets Value ETF 0.1 43 16 10.9 +3.5
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF 0.1 85 -26 -0.9 -8.3
JHEM John Hancock Multifactor Emerging Markets ETF 0.1 49 10 8.3 +0.9
EMXF iShares ESG Advanced MSCI EM ETF 0.1 16 43 7.4 +0.0
LDEM iShares ESG MSCI EM Leaders ETF 0.1 17 42 7.7 +0.3
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.1 30 29 7.5 +0.1
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.1 20 39 7.5 +0.1
SCHE Schwab Emerging Markets Equity ETF 0.1 11 48 7.6 +0.2
KXI iShares Global Consumer Staples ETF 0.1 41 18 5.6 -1.8
FMIL Fidelity New Millennium ETF 0.1 59 0 4.3 -3.1
IEMG iShares Core MSCI Emerging Markets ETF 0.1 9 50 7.5 +0.1
DEHP Dimensional Emerging Markets High Profitability ETF 0.1 41 18 7.3 -0.1
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 7 52 6.5 -0.9
VWO Vanguard FTSE Emerging Markets ETF 0.1 8 51 7.6 +0.2
DFAE Dimensional Emerging Core Equity Market ETF 0.1 35 24 7.7 +0.3
SCHC Schwab International Small-Cap Equity ETF 0.1 11 48 6.4 -1.0
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.1 12 47 7.3 -0.1
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.1 24 35 8.0 +0.6
XC WisdomTree Emerging Markets Ex-China Fund 0.1 32 27 6.2 -1.2
AVES Avantis Emerging Markets Value ETF 0.0 36 23 12.1 +4.7
PICK iShares MSCI Global Metals & Mining Producers ETF 0.0 39 20 11.0 +3.6
IUS Invesco RAFI Strategic US ETF 0.0 19 40 7.3 -0.2
APIE ActivePassive International Equity ETF 0.0 45 14 7.7 +0.3
AVEM Avantis Emerging Markets Equity ETF 0.0 33 26 9.1 +1.7
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.0 36 23 7.5 +0.1
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.0 38 21 8.2 +0.8
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.0 59 0 9.6 +2.2
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.0 15 44 7.1 -0.3
BKEM BNY Mellon Emerging Markets Equity ETF 0.0 11 48 7.7 +0.3
EMXC iShares MSCI Emerging Markets ex China ETF 0.0 25 34 6.7 -0.7
VYMI Vanguard International High Dividend Yield ETF 0.0 22 37 9.7 +2.3
RODE Hartford Multifactor Diversified International ETF 0.0 29 30 11.5 +4.1
EEM iShares MSCI Emerging Markets ETF 0.0 69 -10 7.0 -0.4
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.0 30 29 8.5 +1.1
DISV Dimensional International Small Cap Value ETF 0.0 42 17 9.2 +1.8
DEW WisdomTree Global High Dividend Fund 0.0 58 1 9.1 +1.7
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.0 66 -7 7.2 -0.2
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.0 29 30 9.1 +1.7
FNDC Schwab Fundamental International Small Co. Index ETF 0.0 39 20 6.9 -0.5
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 14 8.5 +1.1
IXUS iShares Core MSCI Total International Stock ETF 0.0 7 52 6.9 -0.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.0 30 29 7.8 +0.4
NANC Unusual Whales Subversive Democratic Trading ETF 0.0 75 -16 3.8 -3.7
VXUS Vanguard Total International Stock ETF 0.0 7 52 7.1 -0.3
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 20 7.3 -0.1
VSGX Vanguard ESG International Stock ETF 0.0 12 47 6.8 -0.6
VEU Vanguard FTSE All-World ex-US Index Fund 0.0 8 51 7.2 -0.2
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 20 7.3 -0.1
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 34 7.1 -0.3
ACWX iShares MSCI ACWI ex U.S. ETF 0.0 34 25 6.7 -0.7
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.0 41 18 6.7 -0.7
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 55 6.7 -0.7
VEA Vanguard FTSE Developed Markets ETF 0.0 5 54 7.0 -0.4
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 44 4.9 -2.5
QUS SPDR MSCI USA StrategicFactors ETF 0.0 15 44 6.0 -1.4
AVDE Avantis International Equity ETF 0.0 23 36 7.9 +0.5
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 35 6.2 -1.2
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 56 6.9 -0.5
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 39 5.1 -2.3
SPEM SPDR Portfolio Emerging Markets ETF 0.0 7 52 7.5 +0.1
DFIS Dimensional International Small Cap ETF 0.0 39 20 6.7 -0.7
DFAI Dimensional International Core Equity Market ETF 0.0 18 41 6.9 -0.5
VONE Vanguard Russell 1000 ETF 0.0 8 51 5.2 -2.2
DFAS Dimensional U.S. Small Cap ETF 0.0 26 33 6.0 -1.4

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

  2019 2020 2021 2022 2023 2024E 2025E
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
  2023 2024E 2025E
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:

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 10.6 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 59 bp
Equals: ALTAR Score 7.4 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.44 CATEGORY
AVERAGE		 1.39
 
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.