Global X FTSE Southeast Asia ETF
ALTAR
Score™		 6.3% info Recommen-
dation		 UNDERWEIGHT
2024E    2025E
P/E
ratio		 12.1x P/Sales
ratio		 2.1x
P/BV
ratio		 1.5x Div.
yield		 4.5%


  • 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) $59
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) $37,424
Large cap (>$10bn) 95.4%
Mid cap ($2-10bn) 4.6%
Small cap (<$2bn) 0.0%
Developed mkts 38.1%
Emerging mkts 61.9%

TOP TEN HOLDINGS
DBS GROUP HOLDINGS LTD 13.6 %
OVERSEA-CHINESE BANKING CORP 9.1 %
BANK CENTRAL ASIA PT 7.5 %
UNITED OVERSEAS BANK LTD 6.9 %
BANK RAKYAT INDONESIA 4.1 %
BANK MANDIRI TBK 3.7 %
SINGAPORE TELECOMMUNICATIONS LIMIT 3.7 %
MALAYAN BANKING BHD 3.7 %
CIMB GROUP HOLDINGS BHD 3.2 %
PUBLIC BANK BHD-FOREIGN MKT 3.1 %
Total 58.6 %

TOP COUNTRY EXPOSURE
SINGAPORE 39.7 %
INDONESIA 20.7 %
THAILAND 19.7 %
MALAYSIA 16.1 %
PHILIPPINES 3.7 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
10.8% 21.6% 3.8% 2.9% 3.6%

Market Correlations
versus... Beta R-squared
S&P500 0.53 38%
MSCI EAFE 0.64 57%
MSCI Emg. Mkts. 0.65 56%

Technical Indicators
Recent close $16.67
30d moving avg. $17.21
Annualized volatility 15.1%
Short interest (ETF) 4.0%
Relative strength (RSI) 49

Liquidity measures
Avg. volume (thou.) 45
Turnover 1.3%
Bid/Ask (% of price) 0.44%
ADV underlying (mns) $977

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 268 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™: 6.3%


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
(%)
EWS iShares MSCI Singapore ETF 37.4 50 15 5.0 -1.3
EIDO iShares MSCI Indonesia ETF 19.2 59 6 7.5 +1.2
IDX VanEck Indonesia Index ETF 19.2 57 8 8.8 +2.4
THD iShares MSCI Thailand ETF 17.6 58 7 6.1 -0.2
DVYA iShares Asia/Pacific Dividend ETF 16.5 49 16 9.0 +2.7
EWM iShares MSCI Malaysia ETF 16.1 50 15 5.5 -0.8
EELV Invesco S&P Emerging Markets Low Volatility ETF 10.8 29 36 8.7 +2.4
OBOR KraneShares MSCI One Belt One Road Index ETF 10.8 79 -14 10.3 +4.0
EPP iShares MSCI Pacific ex-Japan ETF 9.9 47 18 4.9 -1.4
EDIV SPDR S&P Emerging Markets Dividend ETF 9.9 49 16 12.0 +5.7
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 9.8 19 46 5.4 -0.9
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 8.0 25 40 6.6 +0.3
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 7.9 80 -15 5.6 -0.7
ADIV SmartETFs Asia Pacific Dividend Builder ETF 7.4 78 -13 9.0 +2.7
CID VictoryShares International High Div Volatility Wtd ETF 7.2 45 20 11.9 +5.6
OAIM OneAscent International Equity ETF 6.6 95 -30 5.1 -1.2
AAXJ iShares MSCI All Country Asia ex Japan ETF 6.2 70 -5 6.2 -0.2
DINT Davis Select International ETF 6.0 55 10 6.0 -0.3
EQLT iShares MSCI Emerging Markets Quality Factor ETF 5.9 35 30 7.4 +1.1
EMXF iShares ESG Advanced MSCI EM ETF 5.7 16 49 6.8 +0.5
EMC Global X Emerging Markets Great Consumer ETF 5.3 75 -10 4.5 -1.8
FLAX Franklin FTSE Asia Ex Japan ETF 5.2 19 46 6.9 +0.5
AIA iShares Asia 50 ETF 5.2 50 15 6.6 +0.3
LVHI Franklin International Low Volatility High Dividend Index ET 5.1 40 25 10.1 +3.8
GVAL Cambria Global Value ETF 5.1 68 -3 13.1 +6.8
ROAM Hartford Multifactor Emerging Markets ETF 5.1 44 21 15.8 +9.5
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 4.7 24 41 9.2 +2.9
RODE Hartford Multifactor Diversified International ETF 4.4 29 36 11.8 +5.5
FRDM Freedom 100 Emerging Markets ETF 4.4 49 16 7.3 +1.0
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 4.4 9 56 9.9 +3.6
DFNL Davis Select Financial ETF 4.4 63 2 6.6 +0.3
RNEM First Trust Emerging Markets Equity Select ETF 4.3 75 -10 7.6 +1.2
VIDI Vident International Equity Strategy ETF 4.2 61 4 10.2 +3.9
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 4.2 95 -30 10.5 +4.2
XCEM Columbia EM Core ex-China ETF 4.2 16 49 7.7 +1.4
EMXC iShares MSCI Emerging Markets ex China ETF 4.2 25 40 6.7 +0.4
EMMF WisdomTree Emerging Markets Multifactor Fund 4.1 48 17 8.8 +2.5
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 4.1 39 26 12.5 +6.2
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 4.1 32 33 6.9 +0.5
LDEM iShares ESG MSCI EM Leaders ETF 3.9 17 48 7.6 +1.3
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 3.9 32 33 6.0 -0.4
IDLV Invesco S&P International Developed Low Volatility ETF 3.9 25 40 6.2 -0.1
SCHY Schwab International Dividend Equity ETF 3.8 14 51 9.3 +3.0
ECON Columbia Emerging Markets Consumer ETF 3.8 49 16 7.3 +1.0
XCNY SPDR S&P Emerging Markets ex-China ETF 3.8 15 50 6.3 -0.0
EEMA iShares MSCI Emerging Markets Asia ETF 3.8 49 16 6.5 +0.2
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 3.8 30 35 8.1 +1.8
DTH WisdomTree International High Dividend Fund 3.8 58 7 10.1 +3.8
EPHE iShares MSCI Philippines ETF 3.7 59 6 8.9 +2.6
ESGE iShares ESG Aware MSCI EM ETF 3.7 25 40 7.1 +0.8
WWJD Inspire International ETF 3.7 80 -15 7.3 +1.0
ECOW Pacer Emerging Markets Cash Cows 100 ETF 3.7 70 -5 9.2 +2.9
EEMO Invesco S&P Emerging Markets Momentum ETF 3.6 29 36 5.5 -0.8
PXH Invesco FTSE RAFI Emerging Markets ETF 3.6 49 16 12.2 +5.9
SCHE Schwab Emerging Markets Equity ETF 3.5 11 54 7.1 +0.8
DWMF WisdomTree International Multifactor Fund 3.5 38 27 7.4 +1.1
JHID John Hancock International High Dividend ETF 3.5 46 19 11.3 +5.0
DVYE iShares Emerging Markets Dividend ETF 3.4 49 16 18.8 +12.5
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 3.3 30 35 7.3 +1.0
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 3.2 80 -15 7.6 +1.3
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 3.2 40 25 8.3 +2.0
FDFF Fidelity Disruptive Finance ETF 3.2 50 15 4.1 -2.2
EMM Global X Emerging Markets ex-China ETF 3.2 75 -10 4.2 -2.1
STXE Strive Emerging Markets Ex-China ETF 3.2 32 33 7.0 +0.7
EFAV iShares MSCI EAFE Min Vol Factor ETF 3.1 22 43 6.6 +0.3
TPIF Timothy Plan International ETF 3.1 62 3 6.8 +0.5
JIG JPMorgan International Growth ETF 3.1 55 10 4.6 -1.7
GMF SPDR S&P Emerging Asia Pacific ETF 3.1 49 16 6.1 -0.2
DEM WisdomTree Emerging Markets High Dividend Fund 3.1 63 2 18.9 +12.5
EEM iShares MSCI Emerging Markets ETF 3.0 69 -4 6.9 +0.6
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 3.0 90 -25 6.1 -0.2
NUEM Nuveen ESG Emerging Markets Equity ETF 3.0 36 29 6.5 +0.2
OSEA Harbor International Compounders ETF 3.0 55 10 4.3 -2.1
VWID Virtus WMC International Dividend ETF 3.0 49 16 9.6 +3.3
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 3.0 44 21 10.6 +4.3
JHEM John Hancock Multifactor Emerging Markets ETF 2.9 49 16 8.2 +1.9
DWLD Davis Select Worldwide ETF 2.9 63 2 6.7 +0.4
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 2.9 18 47 6.8 +0.5
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 2.8 15 50 10.2 +3.9
AIVI WisdomTree International AI Enhanced Value Fund 2.8 58 7 8.5 +2.2
DSTX Distillate International Fundamental Stability & Value ETF 2.8 55 10 8.0 +1.7
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 2.8 65 0 4.3 -2.0
DOL WisdomTree International LargeCap Dividend Fund 2.7 48 17 7.9 +1.6
IPAC iShares Core MSCI Pacific ETF 2.7 9 56 7.2 +0.9
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 2.7 68 -3 8.2 +1.9
RWX SPDR Dow Jones International Real Estate ETF 2.6 59 6 7.4 +1.1
IEMG iShares Core MSCI Emerging Markets ETF 2.6 9 56 7.5 +1.1
GDVD R3 Global Dividend Growth ETF 2.6 88 -23 5.5 -0.8
XC WisdomTree Emerging Markets Ex-China Fund 2.5 32 33 6.0 -0.3
VYMI Vanguard International High Dividend Yield ETF 2.5 22 43 9.8 +3.5
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 2.5 15 50 7.2 +0.9
DFAE Dimensional Emerging Core Equity Market ETF 2.4 35 30 7.3 +1.0
VPL Vanguard FTSE Pacific ETF 2.4 8 57 7.7 +1.4
BKEM BNY Mellon Emerging Markets Equity ETF 2.4 11 54 8.4 +2.1
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 2.3 66 -1 10.0 +3.7
DWM WisdomTree International Equity Fund 2.3 48 17 8.0 +1.6
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 2.3 20 45 6.8 +0.5
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 2.3 40 25 7.9 +1.6
CIL VictoryShares International Volatility Wtd ETF 2.2 45 20 7.0 +0.7
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 2.2 51 14 7.1 +0.8
GCOW Pacer Global Cash Cows Dividend ETF 2.2 60 5 12.5 +6.2
FTHF First Trust Emerging Markets Human Flourishing ETF 2.2 75 -10 8.9 +2.6
EDOG ALPS Emerging Sector Dividend Dogs ETF 2.2 60 5 13.4 +7.1
VWO Vanguard FTSE Emerging Markets ETF 2.2 8 57 6.9 +0.6
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 2.2 33 32 8.2 +1.9
IMTM iShares MSCI Intl Momentum Factor ETF 2.1 30 35 6.3 +0.0
FIDI Fidelity International High Dividend ETF 2.1 18 47 10.9 +4.6
SPEM SPDR Portfolio Emerging Markets ETF 2.1 7 58 7.3 +1.0
FDEM Fidelity Emerging Markets Multifactor ETF 2.0 25 40 12.3 +6.0
RODM Hartford Multifactor Developed Markets (ex-US) ETF 2.0 29 36 8.6 +2.3
DMXF iShares ESG Advanced MSCI EAFE ETF 2.0 12 53 5.5 -0.8
DEHP Dimensional Emerging Markets High Profitability ETF 2.0 41 24 5.0 -1.3
IFGL iShares International Developed Real Estate ETF 2.0 48 17 6.9 +0.6
ACWV iShares MSCI Global Min Vol Factor ETF 2.0 20 45 6.3 +0.0
JPIN J.P. Morgan Diversified Return International Equity ETF 2.0 37 28 8.9 +2.6
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 2.0 24 41 8.7 +2.4
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 2.0 32 33 6.2 -0.1
JSTC Adasina Social Justice All Cap Global ETF 1.9 89 -24 4.9 -1.4
EMGF iShares Emerging Markets Equity Factor ETF 1.9 25 40 8.5 +2.2
EVLU iShares MSCI Emerging Markets Value Factor ETF 1.9 35 30 12.4 +6.1
DEW WisdomTree Global High Dividend Fund 1.9 58 7 8.5 +2.2
FEM First Trust Emerging Markets AlphaDEX Fund 1.9 80 -15 13.0 +6.7
BLES Inspire Global Hope ETF 1.8 61 4 6.4 +0.1
EEMD AAM S&P Emerging Markets High Dividend Value ETF 1.8 49 16 16.1 +9.8
AVES Avantis Emerging Markets Value ETF 1.8 36 29 11.6 +5.3
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 1.8 59 6 11.3 +5.0
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 1.7 36 29 7.8 +1.5
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.7 38 27 7.8 +1.5
ACWX iShares MSCI ACWI ex U.S. ETF 1.7 34 31 7.0 +0.6
QEFA SPDR MSCI EAFE StrategicFactors ETF 1.7 30 35 7.3 +1.0
ERTH Invesco MSCI Sustainable Future ETF 1.6 62 3 3.6 -2.7
IQLT iShares MSCI Intl Quality Factor ETF 1.6 30 35 6.2 -0.1
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.6 10 55 7.7 +1.3
AVEM Avantis Emerging Markets Equity ETF 1.6 33 32 8.9 +2.6
FTAG First Trust Indxx Global Agriculture ETF 1.6 70 -5 9.7 +3.4
CGIE Capital Group International Equity ETF 1.5 54 11 4.9 -1.4
FDEV Fidelity International Multifactor ETF 1.5 18 47 7.8 +1.5
EMIF iShares Emerging Markets Infrastructure ETF 1.5 60 5 8.5 +2.2
VSGX Vanguard ESG International Stock ETF 1.5 12 53 6.8 +0.4
IPOS Renaissance International IPO ETF 1.5 80 -15 -0.8 -7.2
SETM Sprott Energy Transition Materials ETF 1.5 65 0 6.0 -0.4
FPXI First Trust International Equity Opportunities ETF 1.5 70 -5 4.9 -1.4
GMET VanEck Green Metals ETF 1.5 63 2 10.7 +4.4
RGEF Rockefeller Global Equity ETF 1.5 55 10 5.0 -1.4
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 1.5 50 15 13.0 +6.7
TMFG Motley Fool Global Opportunities ETF 1.5 85 -20 3.2 -3.1
CEFA Global X S&P Catholic Values Developed ex-US ETF 1.5 35 30 6.6 +0.3
CWI SPDR MSCI ACWI ex-US ETF 1.5 30 35 6.9 +0.6
BITQ Bitwise Crypto Industry Innovators ETF 1.4 85 -20 -1.9 -8.2
CGDG Capital Group Dividend Growers ETF 1.4 47 18 6.6 +0.3
EFV iShares MSCI EAFE Value ETF 1.4 34 31 9.4 +3.1
IXUS iShares Core MSCI Total International Stock ETF 1.4 7 58 7.2 +0.9
IQSI IQ Candriam International Equity ETF 1.4 15 50 6.6 +0.3
DMDV AAM S&P Developed Markets High Dividend Value ETF 1.4 39 26 12.1 +5.7
IDOG ALPS International Sector Dividend Dogs ETF 1.4 50 15 12.8 +6.5
EFAS Global X MSCI SuperDividend EAFE ETF 1.4 57 8 10.3 +3.9
CRUZ Defiance Hotel Airline and Cruise ETF 1.4 45 20 -4.6 -10.9
AIRL Themes Airlines ETF 1.4 35 30 -16.7 -23.0
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.4 12 53 8.3 +2.0
NUDM Nuveen ESG International Developed Markets Equity ETF 1.4 31 34 6.7 +0.4
VEU Vanguard FTSE All-World ex-US Index Fund 1.4 8 57 7.3 +0.9
IXG iShares Global Financials ETF 1.3 42 23 6.2 -0.1
DWX SPDR S&P International Dividend ETF 1.3 45 20 6.5 +0.2
MEM Matthews Emerging Markets Equity Active ETF 1.3 79 -14 5.4 -0.9
FIVA Fidelity International Value Factor ETF 1.3 18 47 10.2 +3.9
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.3 41 24 7.4 +1.1
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 1.2 20 45 6.5 +0.2
ICOW Pacer Developed Markets International Cash Cows 100 ETF 1.2 65 0 12.8 +6.5
FENI Fidelity Enhanced International ETF 1.2 28 37 8.1 +1.7
VXUS Vanguard Total International Stock ETF 1.2 7 58 7.2 +0.9
GSIE Goldman Sachs ActiveBeta International Equity ETF 1.2 25 40 7.2 +0.9
GQRE FlexShares Global Quality Real Estate Index Fund 1.2 45 20 5.9 -0.4
DIVI Franklin International Core Dividend Tilt Index ETF 1.2 9 56 8.1 +1.8
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.2 18 47 7.0 +0.7
BLOK Amplify Transformational Data Sharing ETF 1.2 75 -10 0.0 -6.3
SDEM Global X MSCI SuperDividend Emerging Markets ETF 1.2 67 -2 15.0 +8.7
EFA iShares MSCI EAFE ETF 1.2 35 30 6.9 +0.6
NXTG First Trust Indxx NextG ETF 1.1 70 -5 6.2 -0.1
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 1.1 39 26 7.5 +1.2
IGRO iShares International Dividend Growth ETF 1.1 15 50 7.5 +1.2
ESGD iShares ESG Aware MSCI EAFE ETF 1.1 20 45 6.9 +0.6
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 1.1 47 18 5.5 -0.9
HAP VanEck Natural Resources ETF 1.1 50 15 10.0 +3.7
KOCG FIS Knights of Columbus Global Belief ETF 1.1 75 -10 5.0 -1.3
JHMD John Hancock Multifactor Developed International ETF 1.1 39 26 7.8 +1.5
STXI Strive International Developed Markets ETF 1.1 29 36 6.9 +0.6
DFIV Dimensional International Value ETF 1.1 27 38 10.0 +3.7
JIRE JPMorgan International Research Enhanced Equity ETF 1.1 24 41 7.1 +0.8
IQDF FlexShares International Quality Dividend Index Fund 1.1 47 18 12.9 +6.6
HFXI IQ FTSE International Equity Currency Neutral ETF 1.0 20 45 7.1 +0.7
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 1.0 45 20 11.0 +4.7
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 1.0 36 29 6.6 +0.3
MINV Matthews Asia Innovators Active ETF 1.0 79 -14 3.0 -3.3
IEFA iShares Core MSCI EAFE ETF 1.0 7 58 7.1 +0.8
GSID Goldman Sachs MarketBeta International Equity ETF 1.0 20 45 7.0 +0.7
RFDI First Trust Riverfront Dynamic Developed International ETF 1.0 83 -18 10.0 +3.6
DFEV Dimensional Emerging Markets Value ETF 1.0 43 22 11.1 +4.8
IDMO Invesco S&P International Developed Momentum ETF 1.0 25 40 5.9 -0.4
MOO VanEck Agribusiness ETF 0.9 53 12 9.7 +3.4
VEGI iShares MSCI Agriculture Producers ETF 0.9 39 26 9.2 +2.9
GNR SPDR S&P Global Natural Resources ETF 0.9 40 25 9.7 +3.4
AVSD Avantis Responsible International Equity ETF 0.9 23 42 7.1 +0.8
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.9 80 -15 3.2 -3.1
BKIE BNY Mellon International Equity ETF 0.9 4 61 7.1 +0.8
EFG iShares MSCI EAFE Growth ETF 0.9 36 29 4.5 -1.8
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.9 25 40 5.6 -0.7
SPDW SPDR Portfolio Developed World ex-US ETF 0.9 3 62 7.2 +0.9
IDEV iShares Core MSCI International Developed Markets ETF 0.9 4 61 7.1 +0.8
VIGI Vanguard International Dividend Appreciation ETF 0.9 15 50 6.4 +0.1
SCHF Schwab International Equity ETF 0.9 6 59 7.5 +1.2
RWO SPDR Dow Jones Global Real Estate ETF 0.9 50 15 6.1 -0.2
VGSR Vert Global Sustainable Real Estate ETF 0.9 47 18 5.6 -0.7
AVDE Avantis International Equity ETF 0.9 23 42 8.1 +1.7
VEA Vanguard FTSE Developed Markets ETF 0.9 5 60 7.3 +1.0
AVIV Avantis International Large Cap Value ETF 0.8 25 40 9.0 +2.6
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.8 85 -20 3.5 -2.8
DIHP Dimensional International High Profitability ETF 0.8 29 36 7.6 +1.3
ERET iShares Environmentally Aware Real Estate ETF 0.8 30 35 6.5 +0.1
SHPP Pacer Industrials and Logistics ETF 0.8 60 5 9.9 +3.6
IQDE FlexShares International Quality Dividend Defensive Index ET 0.8 47 18 14.8 +8.5
UIVM VictoryShares International Value Momentum ETF 0.8 35 30 11.0 +4.7
INTF iShares International Equity Factor ETF 0.8 15 50 8.2 +1.9
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.8 65 0 8.2 +1.9
DIM WisdomTree International MidCap Dividend Fund 0.8 58 7 7.7 +1.4
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.7 30 35 8.0 +1.7
JGLO JPMorgan Global Select Equity ETF 0.7 33 32 4.5 -1.9
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.7 47 18 9.4 +3.1
KLMT Invesco MSCI Global Climate 500 ETF 0.7 10 55 5.4 -0.9
DFAI Dimensional International Core Equity Market ETF 0.7 18 47 7.3 +1.0
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.7 45 20 8.9 +2.6
IMFL Invesco International Developed Dynamic Multifactor ETF 0.7 34 31 5.9 -0.4
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.7 12 53 5.9 -0.5
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.7 20 45 6.9 +0.6
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.7 39 26 7.4 +1.1
FNDF Schwab Fundamental International Large Co. Index ETF 0.6 25 40 9.9 +3.5
AVRE Avantis Real Estate ETF 0.6 17 48 5.9 -0.4
TTAI FCF International Quality ETF 0.6 59 6 5.6 -0.7
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.6 14 51 6.2 -0.1
ACWI iShares MSCI ACWI ETF 0.6 32 33 5.3 -1.0
DFIC Dimensional International Core Equity 2 ETF 0.6 23 42 7.7 +1.4
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.6 41 24 7.4 +1.1
CGXU Capital Group International Focus Equity ETF 0.6 54 11 4.9 -1.5
IQIN IQ 500 International ETF 0.6 25 40 9.2 +2.9
IVLU iShares MSCI Intl Value Factor ETF 0.5 30 35 11.4 +5.1
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.5 80 -15 9.1 +2.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.5 9 56 5.4 -1.0
QWLD SPDR MSCI World StrategicFactors ETF 0.5 30 35 5.9 -0.4
HART IQ Healthy Hearts ETF 0.5 45 20 5.0 -1.3
DFGR Dimensional Global Real Estate ETF 0.5 22 43 6.2 -0.1
REET iShares Global REIT ETF 0.5 14 51 6.2 -0.1
DFSI Dimensional International Sustainability Core 1 ETF 0.5 24 41 6.5 +0.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.4 20 45 5.2 -1.2
VT Vanguard Total World Stock ETF 0.4 7 58 5.5 -0.8
IDHQ Invesco S&P International Developed High Quality ETF 0.4 29 36 6.5 +0.2
JETS U.S. Global Jets ETF 0.4 60 5 -13.3 -19.6
PICK iShares MSCI Global Metals & Mining Producers ETF 0.4 39 26 12.8 +6.5
FNDC Schwab Fundamental International Small Co. Index ETF 0.4 39 26 7.2 +0.9
SDG iShares MSCI Global Sustainable Development Goals ETF 0.3 49 16 5.6 -0.7
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.3 12 53 4.8 -1.5
TOK iShares MSCI Kokusai ETF 0.3 26 39 5.0 -1.3
ESGG FlexShares STOXX Global ESG Select Index Fund 0.3 42 23 5.1 -1.2
KOKU Xtrackers MSCI Kokusai Equity ETF 0.3 9 56 5.2 -1.1
URTH iShares MSCI World ETF 0.3 24 41 5.2 -1.1
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.2 42 23 8.1 +1.8
FILL iShares MSCI Global Energy Producers ETF 0.2 39 26 9.6 +3.3
GLOF iShares Global Equity Factor ETF 0.2 20 45 7.0 +0.7
KNCT Invesco Next Gen Connectivity ETF 0.2 40 25 5.6 -0.7
QINT American Century Quality Diversified International ETF 0.1 39 26 7.7 +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 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 10.1 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 65 bp
Equals: ALTAR Score 6.3 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.53 CATEGORY
AVERAGE		 1.48
 
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.