Global X FTSE Southeast Asia ETF
ALTAR
Score™		 5.1% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 15.2x P/Sales
ratio		 3.0x
P/BV
ratio		 2.0x Div.
yield		 3.6%


  • 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 19.1 %
OVERSEA-CHINESE BANKING CORP 12.0 %
UNITED OVERSEAS BANK LTD 6.7 %
DELTA ELECTRONICS THAI-NVDR 4.3 %
SINGAPORE TELECOMMUNICATIONS LIMIT 4.1 %
MALAYAN BANKING BHD 3.3 %
PUBLIC BANK BHD-FOREIGN MKT 3.0 %
BANK CENTRAL ASIA PT 2.8 %
INTL CONTAINER TERM SVCS INC 2.8 %
TENAGA NASIONAL BHD 2.7 %
Total 60.9 %

TOP COUNTRY EXPOSURE
SINGAPORE 53.6 %
THAILAND 19.2 %
MALAYSIA 14.5 %
INDONESIA 8.7 %
PHILIPPINES 4.1 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
9.2% 25.2% 10.6% 7.1% 4.9%

Market Correlations
versus... Beta R-squared
S&P500 0.67 34%
MSCI EAFE 0.66 51%
MSCI Emg. Mkts. 0.42 43%

Technical Indicators
Recent close $21.06
30d moving avg. $20.22
Annualized volatility 12.7%
Short interest (ETF) 0.5%
Relative strength (RSI) 61

Liquidity measures
Avg. volume (thou.) 25
Turnover 0.5%
Bid/Ask (% of price) 0.96%
ADV underlying (mns) $849

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 277 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™: 5.1%


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
(%)
JIVE JPMorgan International Value ETF 18.0 55 10 8.1 +3.0
THD iShares MSCI Thailand ETF 15.8 58 7 0.0 -5.1
EWM iShares MSCI Malaysia ETF 14.5 50 15 6.5 +1.4
EPP iShares MSCI Pacific ex-Japan ETF 14.4 47 18 4.8 -0.3
DVYA iShares Asia/Pacific Dividend ETF 14.1 49 16 6.7 +1.6
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 14.1 19 46 5.2 +0.0
OBOR KraneShares MSCI One Belt One Road Index ETF 13.4 79 -14 7.6 +2.5
ADIV SmartETFs Asia Pacific Dividend Builder ETF 9.7 78 -13 9.4 +4.3
EDIV SPDR S&P Emerging Markets Dividend ETF 9.1 49 16 8.9 +3.8
GVAL Cambria Global Value ETF 7.9 68 -3 8.6 +3.5
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 7.7 80 -15 5.2 +0.1
IDX VanEck Indonesia Index ETF 7.7 57 8 10.2 +5.1
EIDO iShares MSCI Indonesia ETF 7.4 59 6 11.2 +6.1
AIVI WisdomTree International AI Enhanced Value Fund 7.3 58 7 6.2 +1.0
ROAM Hartford Multifactor Emerging Markets ETF 6.7 44 21 7.9 +2.7
SDEM Global X MSCI SuperDividend Emerging Markets ETF 6.7 67 -2 12.3 +7.2
FICS First Trust International Developed Capital Strength ETF 6.7 70 -5 6.5 +1.4
VIDI Vident International Equity Strategy ETF 6.5 61 4 8.4 +3.3
FDFF Fidelity Disruptive Finance ETF 6.2 50 15 5.1 -0.0
SCHY Schwab International Dividend Equity ETF 6.0 14 51 8.2 +3.1
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 5.8 9 56 7.4 +2.3
AIA iShares Asia 50 ETF 5.7 50 15 8.2 +3.0
EFAV iShares MSCI EAFE Min Vol Factor ETF 5.6 22 43 5.6 +0.4
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 5.5 95 -30 10.3 +5.2
XC WisdomTree Emerging Markets Ex-China Fund 5.4 32 33 6.5 +1.3
DVYE iShares Emerging Markets Dividend ETF 5.2 49 16 17.8 +12.7
AAXJ iShares MSCI All Country Asia ex Japan ETF 5.1 70 -5 7.3 +2.2
INEQ Columbia International Equity Income ETF 5.0 45 20 7.7 +2.6
IDLV Invesco S&P International Developed Low Volatility ETF 5.0 25 40 6.2 +1.0
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 4.9 32 33 5.2 +0.1
FRDM Freedom 100 Emerging Markets ETF 4.9 49 16 5.8 +0.7
EELV Invesco S&P Emerging Markets Low Volatility ETF 4.8 29 36 8.8 +3.7
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 4.8 25 40 6.3 +1.1
FLAX Franklin FTSE Asia Ex Japan ETF 4.6 19 46 7.5 +2.4
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 4.2 32 33 5.0 -0.1
JHID John Hancock International High Dividend ETF 4.1 46 19 7.8 +2.7
EPHE iShares MSCI Philippines ETF 4.1 59 6 0.0 -5.1
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 4.1 40 25 6.4 +1.3
LVHI Franklin International Low Volatility High Dividend Index ET 4.0 40 25 7.2 +2.1
IPAC iShares Core MSCI Pacific ETF 3.6 9 56 5.5 +0.4
DEM WisdomTree Emerging Markets High Dividend Fund 3.5 63 2 10.5 +5.4
TPIF Timothy Plan International ETF 3.5 62 3 5.6 +0.4
EDOG ALPS Emerging Sector Dividend Dogs ETF 3.4 60 5 10.6 +5.5
DWX SPDR S&P International Dividend ETF 3.4 45 20 6.6 +1.5
INFL Horizon Kinetics Inflation Beneficiaries ETF 3.3 85 -20 2.9 -2.3
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 3.3 39 26 13.7 +8.6
UIVM VictoryShares International Value Momentum ETF 3.3 35 30 8.0 +2.8
EMMF WisdomTree Emerging Markets Multifactor Fund 3.3 48 17 9.0 +3.9
EYLD Cambria Emerging Shareholder Yield ETF 3.2 66 -1 9.3 +4.2
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 3.2 24 41 5.5 +0.4
ECON Columbia Emerging Markets Consumer ETF 3.2 49 16 7.0 +1.8
EMXF iShares ESG Advanced MSCI EM ETF 3.2 16 49 6.9 +1.8
XCEM Columbia EM Core ex-China ETF 3.1 16 49 5.3 +0.2
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 3.1 44 21 9.5 +4.3
PXH Invesco FTSE RAFI Emerging Markets ETF 3.1 49 16 13.5 +8.4
RODM Hartford Multifactor Developed Markets (ex-US) ETF 3.0 29 36 6.9 +1.8
DFNL Davis Select Financial ETF 2.9 63 2 6.9 +1.7
TMFG Motley Fool Global Opportunities ETF 2.8 85 -20 3.7 -1.4
WWJD Inspire International ETF 2.8 80 -15 6.3 +1.2
IQLT iShares MSCI Intl Quality Factor ETF 2.8 30 35 5.4 +0.3
IQDF FlexShares International Quality Dividend Index Fund 2.7 47 18 7.6 +2.4
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.7 47 18 7.3 +2.2
VPL Vanguard FTSE Pacific ETF 2.7 7 58 5.5 +0.3
RNEM First Trust Emerging Markets Equity Select ETF 2.6 75 -10 7.8 +2.7
XCNY SPDR S&P Emerging Markets ex-China ETF 2.6 15 50 5.8 +0.7
EEMA iShares MSCI Emerging Markets Asia ETF 2.6 49 16 7.9 +2.7
JHEM John Hancock Multifactor Emerging Markets ETF 2.6 49 16 7.9 +2.8
FDEM Fidelity Emerging Markets Multifactor ETF 2.6 25 40 10.9 +5.7
DMXF iShares ESG Advanced MSCI EAFE ETF 2.6 12 53 4.9 -0.2
QEFA SPDR MSCI EAFE StrategicFactors ETF 2.5 30 35 6.0 +0.9
KBWR Invesco KBW Regional Banking ETF 2.5 35 30 8.4 +3.2
BCDF Horizon Kinetics Blockchain Development ETF 2.5 85 -20 3.8 -1.4
VYMI Vanguard International High Dividend Yield ETF 2.4 17 48 7.8 +2.7
SCHE Schwab Emerging Markets Equity ETF 2.4 11 54 9.6 +4.5
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 2.4 80 -15 8.0 +2.9
EMXC iShares MSCI Emerging Markets ex China ETF 2.4 25 40 5.4 +0.3
IFGL iShares International Developed Real Estate ETF 2.3 48 17 7.2 +2.0
ESGE iShares ESG Aware MSCI EM ETF 2.3 25 40 8.7 +3.5
JIG JPMorgan International Growth ETF 2.2 55 10 3.8 -1.4
EVLU iShares MSCI Emerging Markets Value Factor ETF 2.2 35 30 10.4 +5.3
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 2.2 90 -25 3.9 -1.2
IMTM iShares MSCI Intl Momentum Factor ETF 2.2 30 35 4.8 -0.3
AGQI First Trust Active Global Quality Income ETF 2.2 85 -20 6.4 +1.3
FTHF First Trust Emerging Markets Human Flourishing ETF 2.2 75 -10 6.3 +1.1
AVXC Avantis Emerging Markets Ex-China Equity ETF 2.2 33 32 6.5 +1.3
IDMO Invesco S&P International Developed Momentum ETF 2.1 25 40 5.3 +0.1
JPIN J.P. Morgan Diversified Return International Equity ETF 2.1 37 28 7.0 +1.9
DTH WisdomTree International High Dividend Fund 2.1 58 7 7.2 +2.1
VEXC Vanguard Emerging Markets Ex-China ETF 2.1 7 58 5.9 +0.7
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 2.1 47 18 5.0 -0.2
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 2.1 80 -15 3.9 -1.3
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 2.0 30 35 7.8 +2.7
LDEM iShares ESG MSCI EM Leaders ETF 2.0 17 48 13.2 +8.0
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 2.0 15 50 8.4 +3.3
RGEF Rockefeller Global Equity ETF 2.0 55 10 3.9 -1.3
RWX SPDR Dow Jones International Real Estate ETF 2.0 59 6 7.0 +1.9
BKEM BNY Mellon Emerging Markets Equity ETF 2.0 11 54 25.3 +20.1
ICPY Tweedy, Browne International Insider Value ETF 1.9 80 -15 20.4 +15.3
GMF SPDR S&P Emerging Asia Pacific ETF 1.9 49 16 8.9 +3.8
ACWV iShares MSCI Global Min Vol Factor ETF 1.9 20 45 5.6 +0.5
DIVI Franklin International Core Dividend Tilt Index ETF 1.9 9 56 6.6 +1.4
IQSI IQ Candriam International Equity ETF 1.9 15 50 5.6 +0.5
DOL WisdomTree International LargeCap Dividend Fund 1.9 48 17 5.6 +0.5
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 1.9 69 -4 7.9 +2.8
FENI Fidelity Enhanced International ETF 1.9 28 37 5.8 +0.6
EEM iShares MSCI Emerging Markets ETF 1.8 69 -4 8.3 +3.1
JHMD John Hancock Multifactor Developed International ETF 1.8 39 26 6.2 +1.0
EFV iShares MSCI EAFE Value ETF 1.8 34 31 7.4 +2.3
ECOW Pacer Emerging Markets Cash Cows 100 ETF 1.8 70 -5 9.4 +4.2
SDIV Global X Superdividend ETF 1.8 58 7 13.7 +8.5
GSIE Goldman Sachs ActiveBeta International Equity ETF 1.8 25 40 6.1 +0.9
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 1.8 66 -1 7.7 +2.6
CEFA Global X S&P Catholic Values Developed ex-US ETF 1.8 35 30 5.7 +0.5
SAGP Strategas Global Policy Opportunities ETF 1.7 65 0 4.7 -0.5
CIL VictoryShares International Volatility Wtd ETF 1.7 45 20 5.9 +0.7
ESGD iShares ESG Aware MSCI EAFE ETF 1.7 20 45 5.7 +0.6
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 1.7 33 32 7.1 +2.0
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.7 32 33 7.9 +2.8
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.7 10 55 8.4 +3.2
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 1.7 15 50 9.3 +4.1
FEOE First Eagle Overseas Equity ETF 1.7 79 -14 6.1 +0.9
JSTC Adasina Social Justice All Cap Global ETF 1.7 89 -24 4.3 -0.9
DWM WisdomTree International Equity Fund 1.7 48 17 5.6 +0.4
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 1.7 40 25 5.6 +0.4
SHPP Pacer Industrials and Logistics ETF 1.6 60 5 6.6 +1.4
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 1.6 20 45 5.6 +0.4
IEMG iShares Core MSCI Emerging Markets ETF 1.6 9 56 8.6 +3.5
QINT American Century Quality Diversified International ETF 1.6 39 26 6.6 +1.4
CWI SPDR MSCI ACWI ex-US ETF 1.6 30 35 6.5 +1.4
BLOK Amplify Transformational Data Sharing ETF 1.6 75 -10 -0.1 -5.3
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 1.6 30 35 8.4 +3.2
NUDM Nuveen ESG International Developed Markets Equity ETF 1.6 31 34 5.4 +0.3
ERTH Invesco MSCI Sustainable Future ETF 1.6 62 3 3.3 -1.8
IXG iShares Global Financials ETF 1.5 42 23 5.8 +0.6
EMGF iShares Emerging Markets Equity Factor ETF 1.5 25 40 9.4 +4.3
STXE Strive Emerging Markets Ex-China ETF 1.5 32 33 5.6 +0.5
EFA iShares MSCI EAFE ETF 1.5 35 30 5.7 +0.6
HEFA iShares Currency Hedged MSCI EAFE ETF 1.5 35 30 5.6 +0.5
DFAE Dimensional Emerging Core Equity Market ETF 1.5 35 30 7.4 +2.2
OSEA Harbor International Compounders ETF 1.5 55 10 4.4 -0.8
ACWX iShares MSCI ACWI ex U.S. ETF 1.5 34 31 6.5 +1.3
COPY Tweedy, Browne Insider + Value ETF 1.5 80 -15 14.2 +9.0
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.5 24 41 6.9 +1.8
IDOG ALPS International Sector Dividend Dogs ETF 1.5 50 15 9.2 +4.1
AIRL Themes Airlines ETF 1.5 35 30 1.7 -3.5
CGIE Capital Group International Equity ETF 1.5 54 11 4.6 -0.5
AVIV Avantis International Large Cap Value ETF 1.5 25 40 6.9 +1.7
AVES Avantis Emerging Markets Value ETF 1.5 36 29 9.4 +4.3
AVEM Avantis Emerging Markets Equity ETF 1.5 33 32 7.4 +2.3
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 1.4 36 29 8.0 +2.9
CGDG Capital Group Dividend Growers ETF 1.4 47 18 5.1 -0.1
VWO Vanguard FTSE Emerging Markets ETF 1.4 7 58 9.4 +4.2
AVSE Avantis Responsible Emerging Markets Equity ETF 1.4 33 32 7.0 +1.9
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.4 41 24 6.0 +0.8
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 1.4 59 6 9.0 +3.8
VSGX Vanguard ESG International Stock ETF 1.4 10 55 6.7 +1.5
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 1.4 58 7 5.2 +0.1
STXI Strive International Developed Markets ETF 1.3 29 36 6.3 +1.2
FIDI Fidelity International High Dividend ETF 1.3 18 47 7.0 +1.9
DIM WisdomTree International MidCap Dividend Fund 1.3 58 7 6.3 +1.2
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 1.3 36 29 5.1 0.0
BLES Inspire Global Hope ETF 1.3 61 4 5.7 +0.5
GSID Goldman Sachs MarketBeta International Equity ETF 1.3 20 45 5.8 +0.7
IEFA iShares Core MSCI EAFE ETF 1.3 7 58 6.0 +0.9
IXUS iShares Core MSCI Total International Stock ETF 1.3 7 58 6.7 +1.5
HFXI IQ FTSE International Equity Currency Neutral ETF 1.3 20 45 5.6 +0.5
JIRE JPMorgan International Research Enhanced Equity ETF 1.3 24 41 5.7 +0.6
IQDG WisdomTree International Quality Dividend Growth Fund 1.3 42 23 5.7 +0.6
BITQ Bitwise Crypto Industry Innovators ETF 1.3 85 -20 -2.3 -7.4
UEVM VictoryShares Emerging Markets Value Momentum ETF 1.3 45 20 9.6 +4.5
DIHP Dimensional International High Profitability ETF 1.3 29 36 5.8 +0.6
DEW WisdomTree Global High Dividend Fund 1.3 58 7 6.9 +1.8
SPEM SPDR Portfolio Emerging Markets ETF 1.2 7 58 9.7 +4.6
VEU Vanguard FTSE All-World ex-US Index Fund 1.2 4 61 6.8 +1.6
DEXC Dimensional Emerging Markets ex China Core EquityETF 1.2 53 12 5.5 +0.3
FDEV Fidelity International Multifactor ETF 1.2 18 47 7.1 +2.0
JADE JPMorgan Active Developing Markets Equity ETF 1.2 65 0 6.3 +1.1
TTAI FCF International Quality ETF 1.2 59 6 6.9 +1.8
EMIF iShares Emerging Markets Infrastructure ETF 1.2 60 5 2.9 -2.2
AVSD Avantis Responsible International Equity ETF 1.2 23 42 5.9 +0.8
BKIE BNY Mellon International Equity ETF 1.2 4 61 17.9 +12.7
EFG iShares MSCI EAFE Growth ETF 1.2 36 29 3.9 -1.3
VGSR Vert Global Sustainable Real Estate ETF 1.2 47 18 6.7 +1.5
IDEV iShares Core MSCI International Developed Markets ETF 1.1 4 61 6.0 +0.9
VXUS Vanguard Total International Stock ETF 1.1 5 60 6.7 +1.6
SCHF Schwab International Equity ETF 1.1 6 59 6.0 +0.8
IGRO iShares International Dividend Growth ETF 1.1 15 50 6.5 +1.4
MEM Matthews Emerging Markets Equity Active ETF 1.1 79 -14 9.0 +3.8
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.1 18 47 6.4 +1.3
JGLO JPMorgan Global Select Equity ETF 1.1 33 32 4.3 -0.8
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.1 12 53 8.4 +3.3
AVDE Avantis International Equity ETF 1.1 23 42 6.2 +1.1
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 1.1 39 26 6.3 +1.2
SPDW SPDR Portfolio Developed World ex-US ETF 1.1 3 62 5.9 +0.8
DFAI Dimensional International Core Equity Market ETF 1.1 18 47 6.0 +0.9
FEM First Trust Emerging Markets AlphaDEX Fund 1.1 80 -15 9.3 +4.1
KOCG FIS Knights of Columbus Global Belief ETF 1.1 75 -10 4.5 -0.6
INTF iShares International Equity Factor ETF 1.1 15 50 6.5 +1.3
DSTX Distillate International Fundamental Stability & Value ETF 1.1 55 10 6.4 +1.3
NXTG First Trust Indxx NextG ETF 1.0 70 -5 3.7 -1.4
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 1.0 12 53 5.3 +0.1
VEA Vanguard FTSE Developed Markets ETF 1.0 3 62 6.0 +0.9
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 1.0 45 20 8.5 +3.3
IVLU iShares MSCI Intl Value Factor ETF 1.0 30 35 8.0 +2.8
ICOW Pacer Developed Markets International Cash Cows 100 ETF 1.0 65 0 8.0 +2.8
DFIV Dimensional International Value ETF 1.0 27 38 7.7 +2.5
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 1.0 50 15 8.7 +3.5
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.9 65 0 7.4 +2.2
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.9 38 27 7.4 +2.3
DEHP Dimensional Emerging Markets High Profitability ETF 0.9 41 24 5.2 +0.1
GNR SPDR S&P Global Natural Resources ETF 0.9 40 25 8.6 +3.5
MOO VanEck Agribusiness ETF 0.9 53 12 8.7 +3.5
BINV Brandes International ETF 0.9 70 -5 8.2 +3.1
FTAG First Trust Indxx Global Agriculture ETF 0.9 70 -5 6.9 +1.8
VEGI iShares MSCI Agriculture Producers ETF 0.9 39 26 7.3 +2.2
RFDI First Trust Riverfront Dynamic Developed International ETF 0.9 83 -18 7.5 +2.4
GCOW Pacer Global Cash Cows Dividend ETF 0.9 60 5 9.1 +4.0
FIVA Fidelity International Value Factor ETF 0.8 18 47 7.2 +2.1
NUEM Nuveen ESG Emerging Markets Equity ETF 0.8 36 29 6.3 +1.1
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.8 80 -15 7.2 +2.0
ERET iShares Environmentally Aware Real Estate ETF 0.8 30 35 6.5 +1.4
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.8 45 20 6.8 +1.6
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.8 39 26 7.0 +1.8
FNDF Schwab Fundamental International Large Co. Index ETF 0.7 25 40 7.4 +2.3
DFIC Dimensional International Core Equity 2 ETF 0.7 23 42 6.3 +1.1
DWMF WisdomTree International Multifactor Fund 0.7 38 27 6.9 +1.7
HAP VanEck Natural Resources ETF 0.7 50 15 6.9 +1.7
DFSI Dimensional International Sustainability Core 1 ETF 0.7 24 41 5.6 +0.5
IMFL Invesco International Developed Dynamic Multifactor ETF 0.7 34 31 5.2 +0.1
KLMT Invesco MSCI Global Climate 500 ETF 0.7 10 55 5.0 -0.2
AVRE Avantis Real Estate ETF 0.7 17 48 6.5 +1.4
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.7 30 35 6.5 +1.4
IXP iShares Global Comm Services ETF 0.7 42 23 6.0 +0.8
RWO SPDR Dow Jones Global Real Estate ETF 0.6 50 15 6.0 +0.8
QWLD SPDR MSCI World StrategicFactors ETF 0.6 30 35 5.1 -0.1
REET iShares Global REIT ETF 0.6 14 51 6.6 +1.5
CGXU Capital Group International Focus Equity ETF 0.6 54 11 3.9 -1.2
DFGR Dimensional Global Real Estate ETF 0.6 22 43 6.7 +1.5
GLOF iShares Global Equity Factor ETF 0.6 20 45 5.6 +0.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.6 20 45 4.8 -0.4
DFEV Dimensional Emerging Markets Value ETF 0.6 43 22 9.9 +4.8
DXIV Dimensional International Vector Equity ETF 0.6 34 31 6.6 +1.5
ACWI iShares MSCI ACWI ETF 0.6 32 33 4.7 -0.4
GEW Cambria Global EW ETF 0.6 29 36 5.3 +0.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.5 9 56 4.9 -0.2
JETS U.S. Global Jets ETF 0.5 60 5 2.2 -2.9
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.5 42 23 4.1 -1.0
IQRA IQ CBRE Real Assets ETF 0.5 65 0 5.7 +0.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.5 49 16 6.1 +1.0
RCGE RockCreek Global Equality ETF 0.5 95 -30 5.7 +0.6
IDHQ Invesco S&P International Developed High Quality ETF 0.5 29 36 5.0 -0.1
PICK iShares MSCI Global Metals & Mining Producers ETF 0.5 39 26 8.6 +3.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.5 12 53 4.5 -0.7
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.4 25 40 5.4 +0.3
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 0.4 88 -23 8.4 +3.2
FNDC Schwab Fundamental International Small Co. Index ETF 0.4 39 26 6.8 +1.7
VT Vanguard Total World Stock ETF 0.4 6 59 5.1 -0.1
TOK iShares MSCI Kokusai ETF 0.4 26 39 4.3 -0.8
FRGN Horizon International Equity ETF 0.4 75 -10 8.0 +2.9
URTH iShares MSCI World ETF 0.4 24 41 4.3 -0.8
KOKU Xtrackers MSCI Kokusai Equity ETF 0.4 9 56 4.4 -0.7
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.4 41 24 7.3 +2.1
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.4 20 45 5.6 +0.5
VIGI Vanguard International Dividend Appreciation ETF 0.3 10 55 5.9 +0.7
SDG iShares MSCI Global Sustainable Development Goals ETF 0.3 49 16 4.6 -0.5
ESGG FlexShares STOXX Global ESG Select Index Fund 0.3 42 23 4.0 -1.1
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.3 14 51 5.3 +0.1
GMET VanEck Green Metals ETF 0.3 63 2 1.1 -4.1
ICOP iShares Copper and Metals Mining ETF 0.3 47 18 6.0 +0.8
SETM Sprott Energy Transition Materials ETF 0.3 65 0 2.1 -3.0
GDX VanEck Gold Miners ETF 0.3 51 14 3.5 -1.6
IPOS Renaissance International IPO ETF 0.3 80 -15 0.0 -5.1
AQLT iShares MSCI Global Quality Factor ETF 0.2 18 47 0.0 -5.1
XT iShares Exponential Technologies ETF 0.2 46 19 4.0 -1.1
FDVV Fidelity High Dividend ETF 0.2 15 50 6.4 +1.3
EEMO Invesco S&P Emerging Markets Momentum ETF 0.2 29 36 7.4 +2.2
KNCT Invesco Next Gen Connectivity ETF 0.1 40 25 3.2 -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:

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 11.1 %
Divided by: Fwd. P/BV 1.9 x
Less: Expense ratio 65 bp
Equals: ALTAR Score 5.1 %
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.