Global X FTSE Southeast Asia ETF
ALTAR
Score™		 5.3% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 14.5x P/Sales
ratio		 2.8x
P/BV
ratio		 1.9x Div.
yield		 3.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Global X FTSE Southeast Asia ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the FTSE Southeast Asia Index.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Global X Management Co LLC
Website www.globalxfunds.com
Inception date Feb 16, 2011
Assets (mns) $99
Currency USD
Expense ratio 65 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 40
Wgt avg mkt cap (mns) $46,185
Large cap (>$10bn) 95.4%
Mid cap ($2-10bn) 4.6%
Small cap (<$2bn) 0.0%
Developed mkts 40.8%
Emerging mkts 59.2%

TOP TEN HOLDINGS
DBS GROUP HOLDINGS LTD 17.4 %
OVERSEA-CHINESE BANKING CORP 10.5 %
UNITED OVERSEAS BANK LTD 6.3 %
DELTA ELECTRONICS THAI-NVDR 5.5 %
SINGAPORE TELECOMMUNICATIONS LIMIT 4.3 %
MALAYAN BANKING BHD 3.6 %
PUBLIC BANK BHD-FOREIGN MKT 3.1 %
TENAGA NASIONAL BHD 2.8 %
CIMB GROUP HOLDINGS BHD 2.8 %
BANK CENTRAL ASIA PT 2.8 %
Total 58.9 %

TOP COUNTRY EXPOSURE
SINGAPORE 50.3 %
THAILAND 21.0 %
MALAYSIA 15.5 %
INDONESIA 9.5 %
PHILIPPINES 3.6 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru April 30)
Year-to-date 1 year 5 years 10 years Since Incep.
6.6% 23.6% 9.1% 7.0% 4.6%

Market Correlations
versus... Beta R-squared
S&P500 0.59 27%
MSCI EAFE 0.68 49%
MSCI Emg. Mkts. 0.52 47%

Technical Indicators
Recent close $20.21
30d moving avg. $19.74
Annualized volatility 12.7%
Short interest (ETF) 0.5%
Relative strength (RSI) 52

Liquidity measures
Avg. volume (thou.) 34
Turnover 0.7%
Bid/Ask (% of price) 1.05%
ADV underlying (mns) $849

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 274 potential alternatives to the Global X FTSE Southeast Asia ETF ETF based on the alternatives' overlap in portfolio holdings with ASEA. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: ASEA Expense: 65 bp ALTAR Score™: 5.3%


ALTERNATIVE ETFs BASED ON OVERLAP WITH ASEA
Ticker Fund
Name		 Overlap1
vs ASEA
(%)		 Expense
ratio
(bp)		 Savings
vs ASEA
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs ASEA
(%)
THD iShares MSCI Thailand ETF 17.4 58 7 0.0 -5.3
JIVE JPMorgan International Value ETF 16.8 55 10 8.1 +2.7
EWM iShares MSCI Malaysia ETF 15.5 50 15 6.3 +1.0
OBOR KraneShares MSCI One Belt One Road Index ETF 13.6 79 -14 7.1 +1.8
EPP iShares MSCI Pacific ex-Japan ETF 13.5 47 18 4.9 -0.5
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 13.0 19 46 5.3 -0.1
DVYA iShares Asia/Pacific Dividend ETF 12.0 49 16 6.8 +1.5
ADIV SmartETFs Asia Pacific Dividend Builder ETF 9.5 78 -13 9.2 +3.9
EDIV SPDR S&P Emerging Markets Dividend ETF 8.9 49 16 8.8 +3.4
IDX VanEck Indonesia Index ETF 8.2 57 8 9.7 +4.4
EIDO iShares MSCI Indonesia ETF 8.2 59 6 10.4 +5.1
AIVI WisdomTree International AI Enhanced Value Fund 7.6 58 7 6.2 +0.8
GVAL Cambria Global Value ETF 7.4 68 -3 8.6 +3.3
SDEM Global X MSCI SuperDividend Emerging Markets ETF 7.1 67 -2 12.3 +6.9
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 7.1 80 -15 5.5 +0.2
ROAM Hartford Multifactor Emerging Markets ETF 6.9 44 21 7.0 +1.6
FICS First Trust International Developed Capital Strength ETF 6.2 70 -5 6.7 +1.4
VIDI Vident International Equity Strategy ETF 5.8 61 4 7.7 +2.3
EELV Invesco S&P Emerging Markets Low Volatility ETF 5.7 29 36 8.7 +3.4
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 5.7 9 56 7.7 +2.4
EFAV iShares MSCI EAFE Min Vol Factor ETF 5.5 22 43 5.7 +0.4
DVYE iShares Emerging Markets Dividend ETF 5.5 49 16 17.1 +11.8
SCHY Schwab International Dividend Equity ETF 5.5 14 51 8.3 +3.0
XC WisdomTree Emerging Markets Ex-China Fund 5.4 32 33 6.4 +1.1
FDFF Fidelity Disruptive Finance ETF 5.4 50 15 5.5 +0.1
IPKW Invesco International BuyBack Achievers ETF 5.3 55 10 7.9 +2.6
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 5.1 32 33 5.4 +0.1
EMMF WisdomTree Emerging Markets Multifactor Fund 5.1 48 17 7.7 +2.4
AAXJ iShares MSCI All Country Asia ex Japan ETF 4.8 70 -5 6.2 +0.9
FLAX Franklin FTSE Asia Ex Japan ETF 4.7 19 46 6.5 +1.1
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 4.6 25 40 5.8 +0.4
FRDM Freedom 100 Emerging Markets ETF 4.4 49 16 4.7 -0.6
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 4.4 95 -30 9.3 +4.0
AIA iShares Asia 50 ETF 4.4 50 15 6.7 +1.4
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 4.1 32 33 4.4 -0.9
IDLV Invesco S&P International Developed Low Volatility ETF 4.0 25 40 6.4 +1.1
DEM WisdomTree Emerging Markets High Dividend Fund 3.7 63 2 9.7 +4.4
JHID John Hancock International High Dividend ETF 3.7 46 19 7.7 +2.4
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 3.7 24 41 4.7 -0.6
EPHE iShares MSCI Philippines ETF 3.6 59 6 0.0 -5.3
INEQ Columbia International Equity Income ETF 3.6 45 20 7.7 +2.3
XCEM Columbia EM Core ex-China ETF 3.5 16 49 4.5 -0.9
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 3.4 40 25 5.8 +0.5
DWX SPDR S&P International Dividend ETF 3.3 45 20 6.7 +1.4
LVHI Franklin International Low Volatility High Dividend Index ET 3.3 40 25 7.5 +2.2
EDOG ALPS Emerging Sector Dividend Dogs ETF 3.3 60 5 10.4 +5.0
INFL Horizon Kinetics Inflation Beneficiaries ETF 3.2 85 -20 2.7 -2.6
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 3.2 44 21 9.1 +3.8
TPIF Timothy Plan International ETF 3.2 62 3 5.5 +0.1
IPAC iShares Core MSCI Pacific ETF 3.2 9 56 5.4 +0.0
UIVM VictoryShares International Value Momentum ETF 3.1 35 30 7.9 +2.6
EMXF iShares ESG Advanced MSCI EM ETF 3.1 16 49 6.3 +0.9
ECON Columbia Emerging Markets Consumer ETF 3.1 49 16 5.9 +0.6
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 3.1 39 26 12.9 +7.6
PXH Invesco FTSE RAFI Emerging Markets ETF 2.9 49 16 12.7 +7.3
DFNL Davis Select Financial ETF 2.8 63 2 7.7 +2.4
WWJD Inspire International ETF 2.7 80 -15 6.2 +0.8
JHEM John Hancock Multifactor Emerging Markets ETF 2.7 49 16 6.9 +1.6
RODM Hartford Multifactor Developed Markets (ex-US) ETF 2.7 29 36 6.9 +1.6
FDEM Fidelity Emerging Markets Multifactor ETF 2.7 25 40 9.5 +4.2
IQDF FlexShares International Quality Dividend Index Fund 2.6 47 18 7.2 +1.9
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.6 47 18 6.9 +1.6
RNEM First Trust Emerging Markets Equity Select ETF 2.6 75 -10 8.0 +2.7
XCNY SPDR S&P Emerging Markets ex-China ETF 2.6 15 50 5.4 +0.0
IQLT iShares MSCI Intl Quality Factor ETF 2.5 30 35 5.4 +0.1
ESGE iShares ESG Aware MSCI EM ETF 2.5 25 40 7.5 +2.2
BCDF Horizon Kinetics Blockchain Development ETF 2.4 85 -20 3.8 -1.5
EEMA iShares MSCI Emerging Markets Asia ETF 2.4 49 16 6.9 +1.5
QEFA SPDR MSCI EAFE StrategicFactors ETF 2.4 30 35 6.1 +0.8
VPL Vanguard FTSE Pacific ETF 2.4 7 58 4.9 -0.5
SCHE Schwab Emerging Markets Equity ETF 2.3 11 54 9.0 +3.7
TMFG Motley Fool Global Opportunities ETF 2.3 85 -20 3.7 -1.6
EMXC iShares MSCI Emerging Markets ex China ETF 2.3 25 40 4.6 -0.8
DIVI Franklin International Core Dividend Tilt Index ETF 2.3 9 56 6.4 +1.1
LDEM iShares ESG MSCI EM Leaders ETF 2.3 17 48 11.9 +6.6
ECOW Pacer Emerging Markets Cash Cows 100 ETF 2.3 70 -5 9.0 +3.7
IMTM iShares MSCI Intl Momentum Factor ETF 2.2 30 35 4.5 -0.8
VYMI Vanguard International High Dividend Yield ETF 2.2 17 48 7.9 +2.6
DMXF iShares ESG Advanced MSCI EAFE ETF 2.2 12 53 4.8 -0.6
JADE JPMorgan Active Developing Markets Equity ETF 2.2 65 0 5.5 +0.2
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 2.2 80 -15 3.3 -2.1
IDMO Invesco S&P International Developed Momentum ETF 2.1 25 40 5.1 -0.3
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 2.1 80 -15 6.1 +0.8
PPIE Putnam PanAgora ESG International Equity ETF 2.1 49 16 6.2 +0.9
IFGL iShares International Developed Real Estate ETF 2.1 48 17 7.3 +1.9
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 2.1 15 50 7.3 +1.9
JIG JPMorgan International Growth ETF 2.1 55 10 3.4 -1.9
AVXC Avantis Emerging Markets Ex-China Equity ETF 2.1 33 32 5.5 +0.2
JPIN J.P. Morgan Diversified Return International Equity ETF 2.0 37 28 6.9 +1.6
VEXC Vanguard Emerging Markets Ex-China ETF 2.0 7 58 5.4 +0.1
BKEM BNY Mellon Emerging Markets Equity ETF 2.0 11 54 7.2 +1.9
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 2.0 66 -1 6.5 +1.2
IMOM Alpha Architect International Quantitative Momentum ETF 2.0 49 16 4.0 -1.4
ACWV iShares MSCI Global Min Vol Factor ETF 2.0 20 45 5.7 +0.3
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 2.0 15 50 8.1 +2.8
AGQI First Trust Active Global Quality Income ETF 1.9 85 -20 6.3 +0.9
DTH WisdomTree International High Dividend Fund 1.9 58 7 7.2 +1.9
AVES Avantis Emerging Markets Value ETF 1.9 36 29 8.3 +3.0
ICPY Tweedy, Browne International Insider Value ETF 1.9 80 -15 21.0 +15.7
EYLD Cambria Emerging Shareholder Yield ETF 1.9 66 -1 8.6 +3.3
ERTH Invesco MSCI Sustainable Future ETF 1.9 62 3 2.8 -2.5
RWX SPDR Dow Jones International Real Estate ETF 1.9 59 6 7.2 +1.8
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 1.8 69 -4 6.8 +1.4
EEM iShares MSCI Emerging Markets ETF 1.8 69 -4 7.1 +1.7
GMF SPDR S&P Emerging Asia Pacific ETF 1.8 49 16 8.1 +2.8
OAIM OneAscent International Equity ETF 1.8 95 -30 4.4 -0.9
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 1.8 33 32 6.1 +0.8
DOL WisdomTree International LargeCap Dividend Fund 1.8 48 17 5.5 +0.1
IQSI IQ Candriam International Equity ETF 1.8 15 50 5.4 +0.1
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 1.8 30 35 7.1 +1.8
FTHF First Trust Emerging Markets Human Flourishing ETF 1.8 75 -10 5.1 -0.3
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 1.7 47 18 4.9 -0.5
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.7 32 33 6.7 +1.4
GSIE Goldman Sachs ActiveBeta International Equity ETF 1.7 25 40 6.1 +0.8
EFV iShares MSCI EAFE Value ETF 1.7 34 31 7.4 +2.1
SAGP Strategas Global Policy Opportunities ETF 1.7 65 0 4.8 -0.5
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.7 10 55 8.4 +3.1
CIL VictoryShares International Volatility Wtd ETF 1.6 45 20 5.8 +0.5
IEMG iShares Core MSCI Emerging Markets ETF 1.6 9 56 7.5 +2.1
JHMD John Hancock Multifactor Developed International ETF 1.6 39 26 6.1 +0.8
JSTC Adasina Social Justice All Cap Global ETF 1.6 89 -24 4.2 -1.1
RGEF Rockefeller Global Equity ETF 1.6 55 10 3.7 -1.7
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.6 41 24 5.8 +0.4
DWM WisdomTree International Equity Fund 1.6 48 17 5.5 +0.2
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 1.6 40 25 5.6 +0.3
CEFA Global X S&P Catholic Values Developed ex-US ETF 1.6 35 30 5.5 +0.2
DWMF WisdomTree International Multifactor Fund 1.5 38 27 6.9 +1.5
DFAE Dimensional Emerging Core Equity Market ETF 1.5 35 30 6.4 +1.0
QINT American Century Quality Diversified International ETF 1.5 39 26 6.4 +1.1
FENI Fidelity Enhanced International ETF 1.5 28 37 5.7 +0.3
FEOE First Eagle Overseas Equity ETF 1.5 79 -14 5.9 +0.6
STXE Strive Emerging Markets Ex-China ETF 1.5 32 33 4.7 -0.7
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 1.5 90 -25 3.4 -2.0
IXG iShares Global Financials ETF 1.5 42 23 6.3 +0.9
ESGD iShares ESG Aware MSCI EAFE ETF 1.5 20 45 5.6 +0.3
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 1.5 20 45 5.5 +0.2
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 1.5 30 35 7.3 +1.9
IMFL Invesco International Developed Dynamic Multifactor ETF 1.5 34 31 5.0 -0.4
COPY Tweedy, Browne Insider + Value ETF 1.5 80 -15 14.7 +9.3
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 1.5 36 29 6.9 +1.6
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.4 24 41 6.8 +1.5
AIRL Themes Airlines ETF 1.4 35 30 1.6 -3.7
IDOG ALPS International Sector Dividend Dogs ETF 1.4 50 15 9.0 +3.6
UEVM VictoryShares Emerging Markets Value Momentum ETF 1.4 45 20 9.2 +3.8
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 1.4 59 6 7.8 +2.5
AVEM Avantis Emerging Markets Equity ETF 1.4 33 32 6.4 +1.1
ACWX iShares MSCI ACWI ex U.S. ETF 1.4 34 31 6.1 +0.7
CWI SPDR MSCI ACWI ex-US ETF 1.4 30 35 6.2 +0.9
BITQ Bitwise Crypto Industry Innovators ETF 1.4 85 -20 -2.0 -7.3
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 1.4 58 7 5.3 -0.0
HFXI IQ FTSE International Equity Currency Neutral ETF 1.4 20 45 5.4 +0.1
VWO Vanguard FTSE Emerging Markets ETF 1.4 7 58 8.7 +3.4
AVSE Avantis Responsible Emerging Markets Equity ETF 1.4 33 32 6.1 +0.7
EFA iShares MSCI EAFE ETF 1.4 35 30 5.6 +0.3
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 1.4 36 29 5.3 -0.1
EVLU iShares MSCI Emerging Markets Value Factor ETF 1.3 35 30 9.3 +3.9
HEFA iShares Currency Hedged MSCI EAFE ETF 1.3 35 30 5.7 +0.3
BLES Inspire Global Hope ETF 1.3 61 4 5.6 +0.3
STXI Strive International Developed Markets ETF 1.3 29 36 6.2 +0.9
IQDG WisdomTree International Quality Dividend Growth Fund 1.3 42 23 5.7 +0.3
CGIE Capital Group International Equity ETF 1.3 54 11 4.5 -0.9
EMGF iShares Emerging Markets Equity Factor ETF 1.3 25 40 8.1 +2.7
CGDG Capital Group Dividend Growers ETF 1.3 47 18 5.1 -0.2
SHPP Pacer Industrials and Logistics ETF 1.3 60 5 6.4 +1.1
VSGX Vanguard ESG International Stock ETF 1.3 10 55 6.3 +0.9
BLOK Amplify Transformational Data Sharing ETF 1.2 75 -10 -0.2 -5.5
GSID Goldman Sachs MarketBeta International Equity ETF 1.2 20 45 5.7 +0.4
AVIV Avantis International Large Cap Value ETF 1.2 25 40 6.8 +1.4
IXUS iShares Core MSCI Total International Stock ETF 1.2 7 58 6.3 +0.9
DIM WisdomTree International MidCap Dividend Fund 1.2 58 7 6.2 +0.9
JIRE JPMorgan International Research Enhanced Equity ETF 1.2 24 41 5.7 +0.4
NUEM Nuveen ESG Emerging Markets Equity ETF 1.2 36 29 5.6 +0.3
TTAI FCF International Quality ETF 1.2 59 6 6.8 +1.4
MEM Matthews Emerging Markets Equity Active ETF 1.2 79 -14 7.7 +2.3
DIHP Dimensional International High Profitability ETF 1.2 29 36 5.7 +0.3
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.2 18 47 6.1 +0.7
SPEM SPDR Portfolio Emerging Markets ETF 1.2 7 58 9.0 +3.6
FIDI Fidelity International High Dividend ETF 1.2 18 47 7.2 +1.8
IEFA iShares Core MSCI EAFE ETF 1.2 7 58 5.9 +0.6
DEXC Dimensional Emerging Markets ex China Core EquityETF 1.2 53 12 4.6 -0.8
DEW WisdomTree Global High Dividend Fund 1.1 58 7 7.3 +1.9
AVSD Avantis Responsible International Equity ETF 1.1 23 42 5.8 +0.5
EMIF iShares Emerging Markets Infrastructure ETF 1.1 60 5 2.7 -2.6
VEU Vanguard FTSE All-World ex-US Index Fund 1.1 4 61 6.4 +1.1
CGXU Capital Group International Focus Equity ETF 1.1 54 11 3.5 -1.8
VGSR Vert Global Sustainable Real Estate ETF 1.1 47 18 7.0 +1.7
BKIE BNY Mellon International Equity ETF 1.1 4 61 5.9 +0.5
JGLO JPMorgan Global Select Equity ETF 1.1 33 32 4.2 -1.1
FDEV Fidelity International Multifactor ETF 1.1 18 47 7.3 +1.9
KOCG FIS Knights of Columbus Global Belief ETF 1.1 75 -10 4.4 -0.9
VXUS Vanguard Total International Stock ETF 1.0 5 60 6.4 +1.0
AVDE Avantis International Equity ETF 1.0 23 42 6.0 +0.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 1.0 39 26 6.1 +0.7
EFG iShares MSCI EAFE Growth ETF 1.0 36 29 3.6 -1.7
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 1.0 45 20 7.3 +2.0
INTF iShares International Equity Factor ETF 1.0 15 50 6.4 +1.0
IDEV iShares Core MSCI International Developed Markets ETF 1.0 4 61 5.9 +0.5
FEM First Trust Emerging Markets AlphaDEX Fund 1.0 80 -15 8.3 +3.0
SCHF Schwab International Equity ETF 1.0 6 59 5.7 +0.4
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.0 12 53 8.5 +3.2
DFAI Dimensional International Core Equity Market ETF 0.9 18 47 5.9 +0.6
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.9 12 53 5.2 -0.2
SPDW SPDR Portfolio Developed World ex-US ETF 0.9 3 62 5.6 +0.3
IVLU iShares MSCI Intl Value Factor ETF 0.9 30 35 7.8 +2.5
VEA Vanguard FTSE Developed Markets ETF 0.9 3 62 5.7 +0.4
NUDM Nuveen ESG International Developed Markets Equity ETF 0.9 31 34 5.4 +0.1
DEHP Dimensional Emerging Markets High Profitability ETF 0.9 41 24 4.3 -1.1
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.9 38 27 6.4 +1.1
BINV Brandes International ETF 0.9 70 -5 8.5 +3.2
FTAG First Trust Indxx Global Agriculture ETF 0.9 70 -5 7.1 +1.8
MOO VanEck Agribusiness ETF 0.9 53 12 9.1 +3.7
GNR SPDR S&P Global Natural Resources ETF 0.9 40 25 8.2 +2.9
VEGI iShares MSCI Agriculture Producers ETF 0.9 39 26 7.5 +2.2
DFIV Dimensional International Value ETF 0.9 27 38 7.6 +2.3
IGRO iShares International Dividend Growth ETF 0.8 15 50 6.7 +1.4
FIVA Fidelity International Value Factor ETF 0.8 18 47 7.2 +1.8
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.8 50 15 7.4 +2.0
RFDI First Trust Riverfront Dynamic Developed International ETF 0.8 83 -18 7.6 +2.3
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.8 65 0 6.9 +1.6
ERET iShares Environmentally Aware Real Estate ETF 0.8 30 35 6.9 +1.6
HAP VanEck Natural Resources ETF 0.7 50 15 6.5 +1.2
DSTX Distillate International Fundamental Stability & Value ETF 0.7 55 10 6.4 +1.1
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.7 39 26 6.8 +1.5
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.7 45 20 6.4 +1.1
AVRE Avantis Real Estate ETF 0.7 17 48 6.8 +1.5
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.7 80 -15 6.2 +0.9
DFIC Dimensional International Core Equity 2 ETF 0.7 23 42 6.1 +0.8
QWLD SPDR MSCI World StrategicFactors ETF 0.6 30 35 5.1 -0.2
NXTG First Trust Indxx NextG ETF 0.6 70 -5 3.0 -2.3
IXP iShares Global Comm Services ETF 0.6 42 23 5.5 +0.2
GLOF iShares Global Equity Factor ETF 0.6 20 45 5.4 +0.0
DFSI Dimensional International Sustainability Core 1 ETF 0.6 24 41 5.5 +0.2
RWO SPDR Dow Jones Global Real Estate ETF 0.6 50 15 6.4 +1.1
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.6 14 51 5.2 -0.1
FNDF Schwab Fundamental International Large Co. Index ETF 0.6 25 40 7.0 +1.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.6 30 35 6.1 +0.8
KLMT Invesco MSCI Global Climate 500 ETF 0.6 10 55 4.8 -0.6
DFGR Dimensional Global Real Estate ETF 0.6 22 43 7.1 +1.7
REET iShares Global REIT ETF 0.6 14 51 7.0 +1.7
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 0.6 88 -23 8.4 +3.1
DFEV Dimensional Emerging Markets Value ETF 0.6 43 22 8.6 +3.3
DXIV Dimensional International Vector Equity ETF 0.6 34 31 6.4 +1.1
EEMO Invesco S&P Emerging Markets Momentum ETF 0.6 29 36 5.6 +0.3
IQRA IQ CBRE Real Assets ETF 0.5 65 0 5.9 +0.6
PICK iShares MSCI Global Metals & Mining Producers ETF 0.5 39 26 7.1 +1.8
ACWI iShares MSCI ACWI ETF 0.5 32 33 4.5 -0.9
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.5 42 23 3.9 -1.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.5 9 56 4.7 -0.6
GEW Cambria Global EW ETF 0.5 29 36 5.3 -0.1
RCGE RockCreek Global Equality ETF 0.5 95 -30 6.1 +0.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.4 20 45 4.5 -0.8
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.4 25 40 5.5 +0.2
FNDC Schwab Fundamental International Small Co. Index ETF 0.4 39 26 6.6 +1.3
JETS U.S. Global Jets ETF 0.4 60 5 2.5 -2.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.4 12 53 4.3 -1.1
IPOS Renaissance International IPO ETF 0.4 80 -15 0.0 -5.3
GDX VanEck Gold Miners ETF 0.4 51 14 2.8 -2.5
GMET VanEck Green Metals ETF 0.4 63 2 0.5 -4.8
ICOP iShares Copper and Metals Mining ETF 0.4 47 18 4.8 -0.5
VT Vanguard Total World Stock ETF 0.4 6 59 4.8 -0.5
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.4 41 24 6.3 +1.0
TOK iShares MSCI Kokusai ETF 0.4 26 39 4.1 -1.2
IDHQ Invesco S&P International Developed High Quality ETF 0.4 29 36 5.1 -0.2
FRGN Horizon International Equity ETF 0.3 75 -10 7.3 +2.0
URTH iShares MSCI World ETF 0.3 24 41 4.2 -1.2
KOKU Xtrackers MSCI Kokusai Equity ETF 0.3 9 56 4.3 -1.1
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.3 49 16 5.9 +0.6
VIGI Vanguard International Dividend Appreciation ETF 0.3 10 55 6.0 +0.7
ESGG FlexShares STOXX Global ESG Select Index Fund 0.3 42 23 3.9 -1.5
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.3 20 45 5.5 +0.2
SDG iShares MSCI Global Sustainable Development Goals ETF 0.3 49 16 4.3 -1.0
AQLT iShares MSCI Global Quality Factor ETF 0.2 18 47 0.0 -5.3
XT iShares Exponential Technologies ETF 0.2 46 19 3.6 -1.7
FDVV Fidelity High Dividend ETF 0.2 15 50 6.5 +1.2

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 FTSE Southeast Asia ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 11.1 %
Divided by: Fwd. P/BV 1.9 x
Less: Expense ratio 65 bp
Equals: ALTAR Score 5.3 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.57 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.