Global X FTSE Southeast Asia ETF
ALTAR
Score™		 4.9% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 15.8x P/Sales
ratio		 3.1x
P/BV
ratio		 2.1x Div.
yield		 3.5%


  • 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) $105
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 20.0 %
OVERSEA-CHINESE BANKING CORP 13.1 %
UNITED OVERSEAS BANK LTD 6.4 %
SINGAPORE TELECOMMUNICATIONS LIMIT 4.2 %
DELTA ELECTRONICS THAI-NVDR 3.5 %
MALAYAN BANKING BHD 3.2 %
BANK CENTRAL ASIA PT 3.0 %
PUBLIC BANK BHD-FOREIGN MKT 2.9 %
CIMB GROUP HOLDINGS BHD 2.7 %
INTL CONTAINER TERM SVCS INC 2.6 %
Total 61.4 %

TOP COUNTRY EXPOSURE
SINGAPORE 55.0 %
THAILAND 18.2 %
MALAYSIA 13.9 %
INDONESIA 9.2 %
PHILIPPINES 3.8 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
20.5% 31.0% 12.5% 8.0% 5.5%

Market Correlations
versus... Beta R-squared
S&P500 0.65 34%
MSCI EAFE 0.64 50%
MSCI Emg. Mkts. 0.36 39%

Technical Indicators
Recent close $22.00
30d moving avg. $21.00
Annualized volatility 12.7%
Short interest (ETF) 1.2%
Relative strength (RSI) 63

Liquidity measures
Avg. volume (thou.) 21
Turnover 0.4%
Bid/Ask (% of price) 0.83%
ADV underlying (mns) $849

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 275 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™: 4.9%


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 15.0 58 7 0.0 -4.9
EPP iShares MSCI Pacific ex-Japan ETF 14.8 47 18 4.7 -0.2
DVYA iShares Asia/Pacific Dividend ETF 14.5 49 16 6.6 +1.6
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 14.1 19 46 5.1 +0.1
EWM iShares MSCI Malaysia ETF 13.9 50 15 6.5 +1.6
OBOR KraneShares MSCI One Belt One Road Index ETF 13.5 79 -14 6.9 +1.9
EDIV SPDR S&P Emerging Markets Dividend ETF 10.3 49 16 8.8 +3.9
ADIV SmartETFs Asia Pacific Dividend Builder ETF 9.8 78 -13 9.1 +4.2
IDX VanEck Indonesia Index ETF 8.1 57 8 9.1 +4.2
EIDO iShares MSCI Indonesia ETF 7.9 59 6 10.3 +5.3
GVAL Cambria Global Value ETF 7.8 68 -3 8.0 +3.0
AIVI WisdomTree International AI Enhanced Value Fund 7.3 58 7 5.9 +1.0
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 7.2 80 -15 5.3 +0.4
FICS First Trust International Developed Capital Strength ETF 7.0 70 -5 6.6 +1.7
SDEM Global X MSCI SuperDividend Emerging Markets ETF 6.9 67 -2 11.9 +7.0
ROAM Hartford Multifactor Emerging Markets ETF 6.7 44 21 7.3 +2.3
FDFF Fidelity Disruptive Finance ETF 6.2 50 15 5.0 +0.0
AIA iShares Asia 50 ETF 6.1 50 15 7.3 +2.3
SCHY Schwab International Dividend Equity ETF 5.9 14 51 8.3 +3.4
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 5.8 9 56 7.5 +2.6
EFAV iShares MSCI EAFE Min Vol Factor ETF 5.6 22 43 5.5 +0.6
DVYE iShares Emerging Markets Dividend ETF 5.4 49 16 16.6 +11.7
XC WisdomTree Emerging Markets Ex-China Fund 5.4 32 33 6.4 +1.4
AAXJ iShares MSCI All Country Asia ex Japan ETF 5.2 70 -5 6.6 +1.7
INEQ Columbia International Equity Income ETF 5.0 45 20 7.4 +2.5
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 5.0 95 -30 9.4 +4.4
IDLV Invesco S&P International Developed Low Volatility ETF 5.0 25 40 6.2 +1.2
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 4.9 32 33 5.2 +0.3
FRDM Freedom 100 Emerging Markets ETF 4.8 49 16 5.1 +0.1
EELV Invesco S&P Emerging Markets Low Volatility ETF 4.8 29 36 8.6 +3.7
FLAX Franklin FTSE Asia Ex Japan ETF 4.6 19 46 6.9 +1.9
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 4.5 25 40 5.8 +0.9
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 4.2 32 33 4.5 -0.4
DWX SPDR S&P International Dividend ETF 4.1 45 20 6.6 +1.7
JHID John Hancock International High Dividend ETF 4.1 46 19 7.6 +2.7
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 4.1 40 25 6.0 +1.0
LVHI Franklin International Low Volatility High Dividend Index ET 4.0 40 25 7.3 +2.4
EPHE iShares MSCI Philippines ETF 3.8 59 6 0.0 -4.9
EDOG ALPS Emerging Sector Dividend Dogs ETF 3.7 60 5 10.3 +5.4
VIDI Vident International Equity Strategy ETF 3.7 61 4 7.9 +2.9
IPAC iShares Core MSCI Pacific ETF 3.6 9 56 5.2 +0.3
DEM WisdomTree Emerging Markets High Dividend Fund 3.5 63 2 9.8 +4.8
TPIF Timothy Plan International ETF 3.5 62 3 5.4 +0.5
INFL Horizon Kinetics Inflation Beneficiaries ETF 3.4 85 -20 2.6 -2.4
UIVM VictoryShares International Value Momentum ETF 3.3 35 30 7.5 +2.6
EMMF WisdomTree Emerging Markets Multifactor Fund 3.3 48 17 8.3 +3.4
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 3.3 39 26 13.0 +8.1
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 3.2 24 41 4.9 -0.0
ECON Columbia Emerging Markets Consumer ETF 3.2 49 16 6.3 +1.3
EYLD Cambria Emerging Shareholder Yield ETF 3.2 66 -1 8.4 +3.4
XCEM Columbia EM Core ex-China ETF 3.1 16 49 4.7 -0.2
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 3.1 44 21 9.1 +4.1
EMXF iShares ESG Advanced MSCI EM ETF 3.1 16 49 6.4 +1.5
PXH Invesco FTSE RAFI Emerging Markets ETF 3.1 49 16 12.8 +7.9
RODM Hartford Multifactor Developed Markets (ex-US) ETF 3.0 29 36 6.9 +1.9
DFNL Davis Select Financial ETF 2.9 63 2 7.0 +2.1
IQLT iShares MSCI Intl Quality Factor ETF 2.9 30 35 5.3 +0.4
WWJD Inspire International ETF 2.8 80 -15 6.0 +1.1
IMTM iShares MSCI Intl Momentum Factor ETF 2.8 30 35 4.6 -0.4
VPL Vanguard FTSE Pacific ETF 2.7 7 58 4.9 -0.0
IQDF FlexShares International Quality Dividend Index Fund 2.7 47 18 7.1 +2.2
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.7 47 18 6.9 +1.9
RNEM First Trust Emerging Markets Equity Select ETF 2.6 75 -10 7.8 +2.8
DMXF iShares ESG Advanced MSCI EAFE ETF 2.6 12 53 4.7 -0.2
QEFA SPDR MSCI EAFE StrategicFactors ETF 2.6 30 35 5.9 +0.9
TMFG Motley Fool Global Opportunities ETF 2.6 85 -20 3.8 -1.1
BCDF Horizon Kinetics Blockchain Development ETF 2.6 85 -20 3.6 -1.4
KBWR Invesco KBW Regional Banking ETF 2.6 35 30 8.5 +3.5
JHEM John Hancock Multifactor Emerging Markets ETF 2.6 49 16 7.2 +2.3
FDEM Fidelity Emerging Markets Multifactor ETF 2.6 25 40 10.1 +5.1
XCNY SPDR S&P Emerging Markets ex-China ETF 2.5 15 50 5.4 +0.5
VYMI Vanguard International High Dividend Yield ETF 2.5 17 48 7.6 +2.6
EEMA iShares MSCI Emerging Markets Asia ETF 2.4 49 16 7.2 +2.3
SCHE Schwab Emerging Markets Equity ETF 2.4 11 54 9.2 +4.2
IFGL iShares International Developed Real Estate ETF 2.3 48 17 7.5 +2.5
ESGE iShares ESG Aware MSCI EM ETF 2.3 25 40 7.9 +2.9
EMXC iShares MSCI Emerging Markets ex China ETF 2.3 25 40 4.8 -0.1
JIG JPMorgan International Growth ETF 2.2 55 10 3.5 -1.4
EVLU iShares MSCI Emerging Markets Value Factor ETF 2.2 35 30 9.8 +4.8
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 2.2 80 -15 7.0 +2.1
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 2.2 90 -25 3.4 -1.6
RGEF Rockefeller Global Equity ETF 2.2 55 10 3.8 -1.2
AVXC Avantis Emerging Markets Ex-China Equity ETF 2.2 33 32 5.9 +0.9
IDMO Invesco S&P International Developed Momentum ETF 2.1 25 40 4.9 -0.0
JPIN J.P. Morgan Diversified Return International Equity ETF 2.1 37 28 6.8 +1.9
DTH WisdomTree International High Dividend Fund 2.1 58 7 7.0 +2.0
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 2.1 47 18 4.9 0.0
VEXC Vanguard Emerging Markets Ex-China ETF 2.1 7 58 5.5 +0.5
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 2.1 80 -15 3.6 -1.3
AGQI First Trust Active Global Quality Income ETF 2.1 85 -20 6.2 +1.3
SDIV Global X Superdividend ETF 2.1 58 7 13.6 +8.6
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 2.0 15 50 7.8 +2.8
BKEM BNY Mellon Emerging Markets Equity ETF 2.0 11 54 23.5 +18.6
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 1.9 30 35 7.2 +2.3
LDEM iShares ESG MSCI EM Leaders ETF 1.9 17 48 12.4 +7.5
GMF SPDR S&P Emerging Asia Pacific ETF 1.9 49 16 8.4 +3.5
FTHF First Trust Emerging Markets Human Flourishing ETF 1.9 75 -10 5.2 +0.3
DIVI Franklin International Core Dividend Tilt Index ETF 1.9 9 56 6.4 +1.4
EFV iShares MSCI EAFE Value ETF 1.9 34 31 7.2 +2.3
IQSI IQ Candriam International Equity ETF 1.9 15 50 5.4 +0.5
DOL WisdomTree International LargeCap Dividend Fund 1.9 48 17 5.4 +0.5
RWX SPDR Dow Jones International Real Estate ETF 1.9 59 6 7.2 +2.2
FENI Fidelity Enhanced International ETF 1.9 28 37 5.6 +0.7
ACWV iShares MSCI Global Min Vol Factor ETF 1.8 20 45 5.6 +0.6
JHMD John Hancock Multifactor Developed International ETF 1.8 39 26 6.0 +1.1
ICPY Tweedy, Browne International Insider Value ETF 1.8 80 -15 20.2 +15.3
GSIE Goldman Sachs ActiveBeta International Equity ETF 1.8 25 40 5.9 +1.0
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 1.8 69 -4 7.5 +2.5
EEM iShares MSCI Emerging Markets ETF 1.8 69 -4 7.5 +2.6
CEFA Global X S&P Catholic Values Developed ex-US ETF 1.8 35 30 5.4 +0.5
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 1.8 66 -1 7.2 +2.3
ECOW Pacer Emerging Markets Cash Cows 100 ETF 1.8 70 -5 9.3 +4.4
ESGD iShares ESG Aware MSCI EAFE ETF 1.7 20 45 5.6 +0.6
SAGP Strategas Global Policy Opportunities ETF 1.7 65 0 4.8 -0.2
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 1.7 33 32 6.5 +1.6
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.7 32 33 7.3 +2.4
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 1.7 20 45 5.4 +0.5
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 1.7 15 50 8.7 +3.7
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.7 10 55 8.6 +3.7
DWM WisdomTree International Equity Fund 1.7 48 17 5.5 +0.5
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 1.7 40 25 5.6 +0.6
IXG iShares Global Financials ETF 1.6 42 23 5.8 +0.8
BLOK Amplify Transformational Data Sharing ETF 1.6 75 -10 -0.2 -5.1
JSTC Adasina Social Justice All Cap Global ETF 1.6 89 -24 4.3 -0.7
CWI SPDR MSCI ACWI ex-US ETF 1.6 30 35 6.2 +1.3
QINT American Century Quality Diversified International ETF 1.6 39 26 6.4 +1.4
FEOE First Eagle Overseas Equity ETF 1.6 79 -14 5.9 +1.0
SHPP Pacer Industrials and Logistics ETF 1.6 60 5 6.6 +1.7
HEFA iShares Currency Hedged MSCI EAFE ETF 1.6 35 30 5.6 +0.7
IEMG iShares Core MSCI Emerging Markets ETF 1.6 9 56 7.9 +3.0
NUDM Nuveen ESG International Developed Markets Equity ETF 1.6 31 34 5.3 +0.3
ERTH Invesco MSCI Sustainable Future ETF 1.6 62 3 3.3 -1.6
EFA iShares MSCI EAFE ETF 1.6 35 30 5.6 +0.6
STXE Strive Emerging Markets Ex-China ETF 1.5 32 33 4.9 0.0
OSEA Harbor International Compounders ETF 1.5 55 10 4.4 -0.6
ACWX iShares MSCI ACWI ex U.S. ETF 1.5 34 31 6.1 +1.2
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.5 24 41 6.7 +1.8
CGIE Capital Group International Equity ETF 1.5 54 11 4.4 -0.5
AVIV Avantis International Large Cap Value ETF 1.5 25 40 6.6 +1.7
AVES Avantis Emerging Markets Value ETF 1.5 36 29 8.8 +3.8
AVEM Avantis Emerging Markets Equity ETF 1.5 33 32 6.8 +1.9
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 1.5 30 35 7.7 +2.7
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 1.4 36 29 7.3 +2.4
CGDG Capital Group Dividend Growers ETF 1.4 47 18 5.1 +0.2
EMGF iShares Emerging Markets Equity Factor ETF 1.4 25 40 8.6 +3.6
COPY Tweedy, Browne Insider + Value ETF 1.4 80 -15 14.1 +9.2
AVSE Avantis Responsible Emerging Markets Equity ETF 1.4 33 32 6.4 +1.5
VWO Vanguard FTSE Emerging Markets ETF 1.4 7 58 8.9 +4.0
DFAE Dimensional Emerging Core Equity Market ETF 1.4 35 30 6.7 +1.8
VSGX Vanguard ESG International Stock ETF 1.4 10 55 6.3 +1.4
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.4 41 24 5.9 +0.9
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 1.4 59 6 8.2 +3.3
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 1.4 58 7 5.3 +0.4
STXI Strive International Developed Markets ETF 1.3 29 36 6.4 +1.4
FIDI Fidelity International High Dividend ETF 1.3 18 47 6.9 +2.0
IEFA iShares Core MSCI EAFE ETF 1.3 7 58 5.9 +0.9
DIM WisdomTree International MidCap Dividend Fund 1.3 58 7 6.1 +1.2
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 1.3 36 29 5.1 +0.2
IDOG ALPS International Sector Dividend Dogs ETF 1.3 50 15 8.9 +4.0
AIRL Themes Airlines ETF 1.3 35 30 1.7 -3.3
BLES Inspire Global Hope ETF 1.3 61 4 5.6 +0.6
GSID Goldman Sachs MarketBeta International Equity ETF 1.3 20 45 5.6 +0.7
IXUS iShares Core MSCI Total International Stock ETF 1.3 7 58 6.4 +1.4
HFXI IQ FTSE International Equity Currency Neutral ETF 1.3 20 45 5.5 +0.5
JIVE JPMorgan International Value ETF 1.3 55 10 7.7 +2.8
JIRE JPMorgan International Research Enhanced Equity ETF 1.3 24 41 5.6 +0.7
IQDG WisdomTree International Quality Dividend Growth Fund 1.3 42 23 5.6 +0.7
BITQ Bitwise Crypto Industry Innovators ETF 1.3 85 -20 -2.1 -7.1
UEVM VictoryShares Emerging Markets Value Momentum ETF 1.3 45 20 9.4 +4.4
VEU Vanguard FTSE All-World ex-US Index Fund 1.3 4 61 6.5 +1.5
DEW WisdomTree Global High Dividend Fund 1.3 58 7 7.0 +2.0
FDEV Fidelity International Multifactor ETF 1.2 18 47 6.9 +2.0
EFG iShares MSCI EAFE Growth ETF 1.2 36 29 3.7 -1.2
SPEM SPDR Portfolio Emerging Markets ETF 1.2 7 58 9.2 +4.3
TTAI FCF International Quality ETF 1.2 59 6 7.0 +2.1
JADE JPMorgan Active Developing Markets Equity ETF 1.2 65 0 5.8 +0.8
EMIF iShares Emerging Markets Infrastructure ETF 1.2 60 5 2.9 -2.1
AVSD Avantis Responsible International Equity ETF 1.2 23 42 5.8 +0.8
BKIE BNY Mellon International Equity ETF 1.2 4 61 17.3 +12.4
IDEV iShares Core MSCI International Developed Markets ETF 1.2 4 61 5.8 +0.9
DIHP Dimensional International High Profitability ETF 1.2 29 36 5.6 +0.7
VXUS Vanguard Total International Stock ETF 1.1 5 60 6.4 +1.5
SCHF Schwab International Equity ETF 1.1 6 59 5.7 +0.8
IGRO iShares International Dividend Growth ETF 1.1 15 50 6.5 +1.6
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.1 18 47 6.1 +1.2
JGLO JPMorgan Global Select Equity ETF 1.1 33 32 4.2 -0.7
VGSR Vert Global Sustainable Real Estate ETF 1.1 47 18 7.1 +2.2
MEM Matthews Emerging Markets Equity Active ETF 1.1 79 -14 8.3 +3.4
AVDE Avantis International Equity ETF 1.1 23 42 6.0 +1.1
SPDW SPDR Portfolio Developed World ex-US ETF 1.1 3 62 5.6 +0.7
DFAI Dimensional International Core Equity Market ETF 1.1 18 47 5.8 +0.9
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.1 12 53 8.6 +3.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 1.1 39 26 6.0 +1.1
INTF iShares International Equity Factor ETF 1.1 15 50 6.3 +1.3
KOCG FIS Knights of Columbus Global Belief ETF 1.1 75 -10 4.6 -0.4
VEA Vanguard FTSE Developed Markets ETF 1.1 3 62 5.7 +0.8
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 1.0 12 53 5.2 +0.2
DSTX Distillate International Fundamental Stability & Value ETF 1.0 55 10 6.3 +1.3
NXTG First Trust Indxx NextG ETF 1.0 70 -5 3.4 -1.5
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 1.0 45 20 7.7 +2.8
FEM First Trust Emerging Markets AlphaDEX Fund 1.0 80 -15 8.5 +3.5
IVLU iShares MSCI Intl Value Factor ETF 1.0 30 35 7.7 +2.7
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 1.0 50 15 7.8 +2.9
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.9 65 0 7.1 +2.1
DFIV Dimensional International Value ETF 0.9 27 38 7.4 +2.4
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.9 38 27 6.8 +1.8
DEXC Dimensional Emerging Markets ex China Core EquityETF 0.9 53 12 4.9 -0.1
MOO VanEck Agribusiness ETF 0.8 53 12 8.3 +3.4
GNR SPDR S&P Global Natural Resources ETF 0.8 40 25 7.7 +2.8
BINV Brandes International ETF 0.8 70 -5 8.2 +3.3
FTAG First Trust Indxx Global Agriculture ETF 0.8 70 -5 6.6 +1.7
FIVA Fidelity International Value Factor ETF 0.8 18 47 7.0 +2.0
DEHP Dimensional Emerging Markets High Profitability ETF 0.8 41 24 4.7 -0.2
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.8 65 0 7.8 +2.9
VEGI iShares MSCI Agriculture Producers ETF 0.8 39 26 7.0 +2.1
NUEM Nuveen ESG Emerging Markets Equity ETF 0.8 36 29 5.7 +0.7
ERET iShares Environmentally Aware Real Estate ETF 0.8 30 35 6.9 +2.0
GCOW Pacer Global Cash Cows Dividend ETF 0.8 60 5 9.1 +4.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.8 45 20 6.4 +1.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.8 39 26 6.7 +1.8
FNDF Schwab Fundamental International Large Co. Index ETF 0.7 25 40 7.0 +2.1
RFDI First Trust Riverfront Dynamic Developed International ETF 0.7 83 -18 7.2 +2.3
DWMF WisdomTree International Multifactor Fund 0.7 38 27 6.8 +1.8
DFIC Dimensional International Core Equity 2 ETF 0.7 23 42 6.0 +1.1
DFSI Dimensional International Sustainability Core 1 ETF 0.7 24 41 5.5 +0.5
QWLD SPDR MSCI World StrategicFactors ETF 0.7 30 35 5.1 +0.1
IMFL Invesco International Developed Dynamic Multifactor ETF 0.7 34 31 5.1 +0.1
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.7 80 -15 6.5 +1.6
AVRE Avantis Real Estate ETF 0.7 17 48 7.0 +2.0
KLMT Invesco MSCI Global Climate 500 ETF 0.7 10 55 4.8 -0.1
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.7 30 35 6.2 +1.2
RWO SPDR Dow Jones Global Real Estate ETF 0.7 50 15 6.3 +1.4
HAP VanEck Natural Resources ETF 0.6 50 15 6.2 +1.2
REET iShares Global REIT ETF 0.6 14 51 7.0 +2.1
IXP iShares Global Comm Services ETF 0.6 42 23 5.8 +0.9
DFGR Dimensional Global Real Estate ETF 0.6 22 43 7.1 +2.1
CGXU Capital Group International Focus Equity ETF 0.6 54 11 3.6 -1.3
GLOF iShares Global Equity Factor ETF 0.6 20 45 5.4 +0.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.6 20 45 4.7 -0.3
GEW Cambria Global EW ETF 0.6 29 36 5.3 +0.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.6 9 56 4.8 -0.2
ACWI iShares MSCI ACWI ETF 0.6 32 33 4.6 -0.4
DFEV Dimensional Emerging Markets Value ETF 0.6 43 22 8.9 +4.0
DXIV Dimensional International Vector Equity ETF 0.6 34 31 6.3 +1.4
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.5 42 23 4.0 -0.9
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.5 49 16 5.8 +0.9
IDHQ Invesco S&P International Developed High Quality ETF 0.5 29 36 4.9 -0.0
JETS U.S. Global Jets ETF 0.5 60 5 2.6 -2.3
RCGE RockCreek Global Equality ETF 0.5 95 -30 5.8 +0.9
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.4 25 40 5.5 +0.5
FNDC Schwab Fundamental International Small Co. Index ETF 0.4 39 26 6.5 +1.6
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 0.4 88 -23 8.5 +3.5
FRGN Horizon International Equity ETF 0.4 75 -10 7.5 +2.6
VT Vanguard Total World Stock ETF 0.4 6 59 4.9 -0.0
PICK iShares MSCI Global Metals & Mining Producers ETF 0.4 39 26 7.6 +2.6
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.4 12 53 4.4 -0.6
TOK iShares MSCI Kokusai ETF 0.4 26 39 4.2 -0.7
URTH iShares MSCI World ETF 0.4 24 41 4.3 -0.7
KOKU Xtrackers MSCI Kokusai Equity ETF 0.4 9 56 4.3 -0.6
VIGI Vanguard International Dividend Appreciation ETF 0.4 10 55 5.9 +0.9
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.4 20 45 5.5 +0.6
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.3 41 24 6.7 +1.7
ICOP iShares Copper and Metals Mining ETF 0.3 47 18 4.9 -0.0
IPOS Renaissance International IPO ETF 0.3 80 -15 0.0 -4.9
GDX VanEck Gold Miners ETF 0.3 51 14 2.6 -2.4
SETM Sprott Energy Transition Materials ETF 0.3 65 0 1.6 -3.3
GMET VanEck Green Metals ETF 0.3 63 2 0.8 -4.1
ESGG FlexShares STOXX Global ESG Select Index Fund 0.3 42 23 3.9 -1.0
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.3 14 51 5.1 +0.2
SDG iShares MSCI Global Sustainable Development Goals ETF 0.2 49 16 4.5 -0.5
XT iShares Exponential Technologies ETF 0.2 46 19 4.0 -1.0
AQLT iShares MSCI Global Quality Factor ETF 0.2 18 47 0.0 -4.9
FDVV Fidelity High Dividend ETF 0.2 15 50 6.5 +1.6
EEMO Invesco S&P Emerging Markets Momentum ETF 0.2 29 36 6.2 +1.2
KNCT Invesco Next Gen Connectivity ETF 0.1 40 25 2.9 -2.0

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:		 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 2.0 x
Less: Expense ratio 65 bp
Equals: ALTAR Score 4.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.57 CATEGORY
AVERAGE		 1.53
 
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.