JPMorgan BetaBuilders Developed Asia ex-Japan ETF
ALTAR
Score™		 5.7% info Recommen-
dation		 UNDERWEIGHT
2021E    2022E
P/E
ratio		 17.9x P/Sales
ratio		 2.8x
P/BV
ratio		 1.7x Div.
yield		 3.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The JPMorgan BetaBuilders Developed Asia ex-Japan ETF tracks a market-cap-weighted index of large- and midcap stocks in developed-market Asian countries, excluding Japan.

FUND BASICS
Category International Equities
Fund Sponsor JPMorgan
Website am.jpmorgan.com
Inception date Aug 07, 2018
Assets (mns) $4,032
Currency USD
Expense ratio 19 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Market Cap
Index replication
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 148
Wgt avg mkt cap (mns) $60,188
Large cap (>$10bn) 81.0%
Mid cap ($2-10bn) 17.1%
Small cap (<$2bn) 0.0%
Developed mkts 99.4%
Emerging mkts 0.6%

TOP TEN HOLDINGS
AIA GROUP LTD 7.3 %
COMMONWEALTH BANK OF AUSTRAL 6.4 %
BHP BILLITON LTD 5.5 %
CSL LIMITED 4.9 %
HONG KONG EXCHANGES & CLEAR 4.0 %
WESTPAC BANKING CORP 3.3 %
NATIONAL AUSTRALIA BANK LTD 3.1 %
AUST AND NZ BANKING GROUP 2.9 %
WESFARMERS LIMITED 2.6 %
DBS GROUP HOLDINGS LTD 2.0 %
Total 42.0 %

TOP COUNTRY EXPOSURE
AUSTRALIA 59.8 %
HONG KONG 25.4 %
SINGAPORE 9.9 %
NEW ZEALAND 2.5 %
IRELAND 0.8 %
MACAU 0.6 %





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.
8.9% 33.5% -- -- 9.7%

Market Correlations
versus... Beta R-squared
S&P500 0.90 73%
MSCI EAFE 1.00 88%
MSCI Emg. Mkts. 0.88 81%

Technical Indicators
Recent close $58.01
30d moving avg. $58.43
Annualized volatility 20.4%
Short interest (ETF) 0.0%
Relative strength (RSI) 37

Liquidity measures
Avg. volume (thou.) 110
Turnover 0.2%
Bid/Ask (% of price) 0.06%
ADV underlying (mns) $6,125

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 281 potential alternatives to the JPMorgan BetaBuilders Developed Asia ex-Japan ETF ETF based on the alternatives' overlap in portfolio holdings with BBAX. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: BBAX Expense: 19 bp ALTAR Score™: 5.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH BBAX
Ticker Fund
Name		 Overlap1
vs BBAX
(%)		 Expense
ratio
(bp)		 Savings
vs BBAX
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs BBAX
(%)
EPP iShares MSCI Pacific ex-Japan ETF 93.7 48 -29 5.4 -0.3
FLAU Franklin FTSE Australia ETF 60.4 9 10 5.5 -0.2
EWA iShares MSCI Australia ETF 58.9 51 -32 5.0 -0.7
IPAC iShares Core MSCI Pacific ETF 27.0 9 10 6.3 +0.6
FLHK Franklin FTSE Hong Kong ETF 26.0 9 10 6.6 +0.9
EWH iShares MSCI Hong Kong ETF 25.8 51 -32 6.0 +0.3
RFAP First Trust Riverfront Dynamic Asia Pacific ETF 25.2 83 -64 5.4 -0.3
ZHOK SPDR Solactive Hong Kong ETF 24.9 14 5 0.0 -5.7
VPL Vanguard FTSE Pacific ETF 22.7 8 11 6.5 +0.8
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 18.1 80 -61 8.0 +2.3
IDHD Invesco S&P Intl Developed High Dividend Low Volatility ETF 18.0 30 -11 7.4 +1.7
DTH WisdomTree International High Dividend Fund 17.8 58 -39 8.3 +2.6
HDEF Xtrackers MSCI EAFE High Dividend Yield Hedged Equity ETF 15.9 20 -1 7.7 +2.0
AIA iShares Asia 50 ETF 14.7 50 -31 6.6 +0.9
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 14.7 35 -16 6.1 +0.4
DOL WisdomTree International LargeCap Dividend Fund 14.4 48 -29 6.8 +1.1
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 14.1 80 -61 5.5 -0.2
DWMF WisdomTree International Multifactor Fund 13.6 38 -19 6.4 +0.7
LVHI Legg Mason International Low Volatility High Dividend ETF 13.5 40 -21 8.1 +2.4
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 13.3 40 -21 7.0 +1.3
IDLV Invesco S&P International Developed Low Volatility ETF 13.2 25 -6 5.7 +0.0
DWM WisdomTree International Equity Fund 13.2 48 -29 6.8 +1.1
DOO WisdomTree International Dividend ex-Financials Fund 13.2 58 -39 7.4 +1.7
IMTM iShares Edge MSCI Intl Momentum Factor ETF 13.1 30 -11 6.6 +0.9
IQLT iShares Edge MSCI Intl Quality Factor ETF 13.1 30 -11 5.6 -0.1
EFAV iShares Edge MSCI Min Vol EAFE ETF 12.8 20 -1 4.8 -0.9
ISZE iShares Edge MSCI Intl Size Factor ETF 12.6 30 -11 5.9 +0.2
JPIN JPMorgan Diversified Return International Equity ETF 12.5 37 -18 7.6 +1.9
VWID Virtus WMC International Dividend ETF 12.2 49 -30 7.2 +1.5
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 11.9 58 -39 5.8 +0.1
IQDG WisdomTree International Quality Dividend Growth Fund 11.8 42 -23 6.0 +0.3
QEFA SPDR MSCI EAFE Quality Mix ETF 11.7 30 -11 6.0 +0.3
GSID Goldman Sachs MarketBeta International Equity ETF 11.6 20 -1 6.2 +0.5
INTF iShares Edge MSCI Multifactor Intl ETF 11.5 30 -11 8.1 +2.4
RODM Hartford Multifactor Developed Markets (ex-US) ETF 11.4 29 -10 7.2 +1.5
EFV iShares MSCI EAFE Value ETF 11.3 39 -20 8.1 +2.4
IQSI IQ Candriam ESG International Equity ETF 11.3 15 4 6.3 +0.6
EFA iShares MSCI EAFE ETF 11.1 32 -13 6.2 +0.5
DMXF iShares ESG Advanced MSCI EAFE ETF 11.0 12 7 5.9 +0.2
JHMD John Hancock Multifactor Developed International ETF 11.0 39 -20 6.3 +0.6
TPIF Timothy Plan International ETF 11.0 62 -43 5.9 +0.2
ESGD iShares MSCI EAFE ESG Optimized ETF 10.9 20 -1 6.0 +0.3
CID VictoryShares Intl High Dividend Volatility Wtd Index ETF 10.9 45 -26 8.2 +2.5
EFG iShares MSCI EAFE Growth ETF 10.9 40 -21 4.4 -1.4
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 10.8 36 -17 6.1 +0.4
HFXI IQ 50 Percent Hedged FTSE International ETF 10.7 20 -1 6.4 +0.7
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 10.6 20 -1 6.1 +0.4
HAUZ Xtrackers International Real Estate ETF 10.5 10 9 7.3 +1.6
RNDM First Trust Developed International Equity Select ETF 10.5 65 -46 5.5 -0.2
WPS iShares International Developed Property ETF 10.3 48 -29 6.1 +0.4
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 10.3 14 5 5.6 -0.1
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 10.1 7 12 6.5 +0.7
NUDM Nuveen ESG International Developed Markets Equity ETF 10.1 40 -21 5.7 -0.0
VNQI Vanguard Global ex-U.S. Real Estate ETF 10.1 12 7 8.5 +2.8
BKIE BNY Mellon International Equity ETF 10.0 4 15 6.5 +0.8
VYMI Vanguard International High Dividend Yield ETF 9.9 27 -8 9.0 +3.3
PQIN PGIM QMA Strategic Alpha International Equity ETF 9.9 29 -10 7.1 +1.4
ESGN Columbia Sustainable International Equity Income ETF 9.8 45 -26 8.6 +2.9
SCHY Schwab International Dividend Equity ETF 9.8 14 5 7.5 +1.8
GNR SPDR S&P Global Natural Resources ETF 9.7 40 -21 6.1 +0.4
UIVM VictoryShares USAA MSCI International Value Momentum ETF 9.7 35 -16 8.1 +2.4
IEFA iShares Core MSCI EAFE ETF 9.6 7 12 6.3 +0.5
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 9.5 20 -1 8.8 +3.1
IXG iShares Global Financials ETF 9.5 46 -27 8.1 +2.4
RESD WisdomTree International ESG Fund 9.5 30 -11 5.6 -0.1
GSIE Goldman Sachs ActiveBeta International Equity ETF 9.4 25 -6 6.1 +0.4
AAXJ iShares MSCI All Country Asia ex Japan ETF 9.3 70 -51 6.3 +0.6
DVYA iShares Asia/Pacific Dividend ETF 9.3 49 -30 11.0 +5.2
SCHF Schwab International Equity ETF 9.3 6 13 6.5 +0.8
FLAX Franklin FTSE Asia Ex Japan ETF 9.3 19 0 6.9 +1.2
TTAI TrimTabs All Cap International Free-Cash-Flow ETF 9.2 61 -42 5.0 -0.8
RFDI First Trust Riverfront Dynamic Developed International ETF 9.2 83 -64 5.1 -0.6
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Id 9.1 32 -13 5.7 +0.0
RBIN Nationwide Risk-Based International Equity ETF 9.0 42 -23 5.7 +0.0
CIL VictoryShares International Volatility Weighted Index ETF 9.0 45 -26 6.2 +0.5
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 8.9 45 -26 6.2 +0.5
IDEV iShares Core MSCI International Developed Markets ETF 8.8 5 14 6.2 +0.5
WWJD Inspire International ESG ETF 8.7 80 -61 5.4 -0.3
PDEV Principal International Multi-Factor Core Index ETF 8.7 25 -6 6.8 +1.1
EWS iShares MSCI Singapore ETF 8.6 51 -32 6.1 +0.4
MXI iShares Global Materials ETF 8.6 45 -26 5.3 -0.4
IFGL iShares International Developed Real Estate ETF 8.5 48 -29 6.0 +0.3
FFR First Trust FTSE EPRA/NAREIT Developed Markets Real Estate 8.5 60 -41 5.1 -0.6
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 8.5 24 -5 6.8 +1.1
DIM WisdomTree International MidCap Dividend Fund 8.4 58 -39 6.7 +1.0
VEA Vanguard FTSE Developed Markets ETF 8.3 5 14 6.4 +0.7
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 8.1 46 -27 5.9 +0.2
SPDW SPDR Portfolio Developed World ex-US ETF 8.1 4 15 6.2 +0.4
DFAI Dimensional International Core Equity Market ETF 8.1 18 1 6.1 +0.4
IDOG ALPS International Sector Dividend Dogs ETF 8.0 50 -31 7.9 +2.2
RODE Hartford Multifactor Diversified International ETF 7.8 29 -10 9.6 +3.9
DRW WisdomTree Global ex-US Real Estate Fund 7.8 58 -39 9.2 +3.5
VIDI Vident International Equity Fund 7.8 59 -40 9.3 +3.6
GCOW Pacer Global High Dividend ETF 7.6 60 -41 9.5 +3.8
IDLB Invesco FTSE International Low Beta Equal Weight ETF 7.6 45 -26 5.8 +0.1
FIDI Fidelity International High Dividend ETF 7.4 39 -20 8.2 +2.5
GRES IQ Global Resources ETF 7.3 78 -59 6.2 +0.5
FNDF Schwab Fundamental International Large Co. Index ETF 7.2 25 -6 7.8 +2.1
CWI SPDR MSCI ACWI ex-US ETF 7.2 30 -11 6.3 +0.6
IDMO Invesco S&P International Developed Momentum ETF 7.2 25 -6 4.2 -1.5
ASEA Global X Southeast Asia ETF 7.2 65 -46 8.2 +2.5
VIGI Vanguard International Dividend Appreciation ETF 7.1 20 -1 4.9 -0.8
DINT Davis Select International ETF 7.1 65 -46 5.3 -0.4
QINT American Century Quality Diversified International ETF 7.1 39 -20 6.7 +0.9
ACWX iShares MSCI ACWI ex U.S. ETF 7.0 32 -13 6.4 +0.7
VEU Vanguard FTSE All-World ex-US Index Fund 6.9 8 11 6.7 +1.0
AVDE Avantis International Equity ETF 6.8 23 -4 6.7 +1.0
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 6.8 41 -22 6.3 +0.6
FIVA Fidelity International Value Factor ETF 6.8 39 -20 8.4 +2.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 6.7 39 -20 6.3 +0.5
VSGX Vanguard ESG International Stock ETF 6.7 17 2 6.2 +0.5
IDHQ Invesco S&P International Developed Quality ETF 6.6 29 -10 5.2 -0.6
DMDV AAM S&P Developed Markets High Dividend Value ETF 6.6 39 -20 9.1 +3.4
FDEV Fidelity Targeted International Factor ETF 6.5 39 -20 5.6 -0.1
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 6.3 45 -26 7.2 +1.5
ACSG Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF 6.3 16 3 5.9 +0.2
RWX SPDR Dow Jones International Real Estate ETF 6.2 59 -40 5.2 -0.6
RWO SPDR Dow Jones Global Real Estate ETF 6.2 50 -31 4.9 -0.8
VXUS Vanguard Total International Stock ETF 6.2 8 11 6.6 +0.9
IQDE FlexShares International Quality Dividend Defensive Index ET 6.1 47 -28 8.1 +2.4
DWCR Arrow DWA Country Rotation ETF 6.1 136 -117 4.5 -1.2
IXUS ishares Core MSCI Total International Stock ETF 6.1 9 10 6.5 +0.8
DWLD Davis Select Worldwide ETF 5.9 63 -44 6.7 +1.0
JIG JPMorgan International Growth ETF 5.8 55 -36 2.3 -3.4
IQDY FlexShares International Quality Dividend Dynamic Index Fund 5.7 47 -28 9.7 +4.0
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 5.6 39 -20 6.8 +1.1
IDV iShares International Select Dividend ETF 5.6 49 -30 9.4 +3.7
DEW WisdomTree Global High Dividend Fund 5.6 58 -39 8.3 +2.6
DEFA iShares Adaptive Currency Hedged MSCI EAFE ETF 5.5 35 -16 6.3 +0.6
HEFA iShares Currency Hedged MSCI EAFE ETF 5.5 35 -16 6.2 +0.5
ISDX Invesco RAFI Strategic Developed ex-US ETF 5.5 23 -4 7.1 +1.3
DWX SPDR S&P International Dividend ETF 5.3 45 -26 6.9 +1.2
FICS First Trust International Developed Capital Strength ETF 5.3 70 -51 4.4 -1.3
BLES Inspire Global Hope Large Cap ETF 5.2 52 -33 4.9 -0.8
IMFL Invesco International Developed Dynamic Multifactor ETF 5.2 34 -15 7.3 +1.6
EFAS Global X MSCI SuperDividend EAFE ETF 5.1 56 -37 7.9 +2.2
IGRO iShares International Dividend Growth ETF 4.9 15 4 6.8 +1.1
INFR Legg Mason Global Infrastructure ETF 4.9 40 -21 5.4 -0.3
FGD First Trust Dow Jones Global Select Dividend Index Fund 4.8 59 -40 10.8 +5.1
FYLD Cambria Foreign Shareholder Yield ETF 4.8 59 -40 7.6 +1.9
HAP VanEck Vectors Natural Resources ETF 4.7 50 -31 5.1 -0.6
EFAD ProShares MSCI EAFE Dividend Growers ETF 4.7 51 -32 4.5 -1.3
IVLU iShares Edge MSCI Intl Value Factor ETF 4.6 30 -11 9.4 +3.7
REET iShares Global REIT ETF 4.4 14 5 5.2 -0.5
ADIV SmartETFs Asia Pacific Dividend Builder ETF 4.4 78 -59 8.7 +3.0
FDT First Trust Developed Markets ex-US Alphadex Fund 4.4 80 -61 8.0 +2.3
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 4.3 58 -39 5.0 -0.8
MOTI VanEck Vectors Morningstar International Moat ETF 4.3 58 -39 8.3 +2.6
WDIV SPDR Global Dividend ETF 4.0 40 -21 8.6 +2.9
ESGG FlexShares STOXX Global ESG Impact Index Fund 4.0 42 -23 4.6 -1.1
DUSA Davis Select U.S. Equity ETF 4.0 62 -43 6.7 +1.0
GQRE FlexShares Global Quality Real Estate Index Fund 3.9 45 -26 5.5 -0.2
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 3.8 49 -30 4.3 -1.4
IQIN IQ 500 International ETF 3.8 25 -6 7.6 +1.9
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 3.8 47 -28 5.6 -0.2
ICOW Pacer Developed Markets International Cash Cows 100 ETF 3.6 65 -46 10.2 +4.5
PIZ Invesco DWA Developed Markets Momentum ETF 3.6 80 -61 4.7 -1.0
IVAL Alpha Architect International Quantitative Value ETF 3.6 59 -40 8.7 +3.0
GOAT VanEck Vectors Morningstar Global Wide Moat ETF 3.6 52 -33 4.9 -0.8
QWLD SPDR MSCI World StrategicFactors ETF 3.6 30 -11 5.2 -0.5
SDG iShares Sustainable MSCI Global Impact ETF 3.6 49 -30 6.4 +0.7
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 3.5 47 -28 4.5 -1.3
IMOM Alpha Architect International Quantitative Momentum ETF 3.5 59 -40 4.9 -0.9
SDGA Impact Shares Sustainable Development Goals Global ETF 3.5 75 -56 5.3 -0.4
DSTX Distillate International Fundamental Stability & Value ETF 3.5 55 -36 7.1 +1.4
FNDC Schwab Fundamental International Small Co. Index ETF 3.5 39 -20 5.1 -0.7
HAWX iShares Currency Hedged MSCI ACWI ex U.S. ETF 3.5 35 -16 6.4 +0.7
KOKU Xtrackers MSCI Kokusai Equity ETF 3.4 9 10 4.9 -0.8
TOK iShares MSCI Kokusai ETF 3.4 25 -6 4.7 -1.0
IQDF FlexShares International Quality Dividend Index Fund 3.3 47 -28 8.5 +2.8
GLIF AGFiQ Global Infrastructure ETF 3.3 45 -26 4.3 -1.5
URTH iShares MSCI World ETF 3.2 24 -5 4.8 -0.9
BJK VanEck Vectors Gaming ETF 3.2 65 -46 2.1 -3.6
ACWV iShares MSCI Global Min Vol Factor ETF 3.1 20 -1 5.1 -0.6
LEGR First Trust Indxx Innovative Transaction & Process ETF 3.1 65 -46 8.0 +2.3
FID First Trust S&P International Dividend Aristocrats ETF 3.0 60 -41 8.4 +2.7
GVAL Cambria Global Value ETF 2.9 65 -46 11.8 +6.0
ACWI iShares MSCI ACWI ETF 2.8 32 -13 5.0 -0.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 2.8 9 10 5.1 -0.6
GBLD Invesco MSCI Green Building ETF 2.7 39 -20 7.4 +1.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 2.7 20 -1 5.2 -0.5
PSP Invesco Global Listed Private Equity ETF 2.7 158 -139 5.3 -0.5
LOWC SPDR MSCI ACWI Low Carbon Target ETF 2.7 20 -1 5.2 -0.5
ACWF iShares MSCI Global Multifactor ETF 2.7 35 -16 7.3 +1.6
JXI iShares Global Utilities ETF 2.6 46 -27 5.4 -0.3
VT Vanguard Total World Stock ETF 2.6 8 11 5.3 -0.5
OBOR KraneShares MSCI One Belt One Road Index ETF 2.5 79 -60 8.3 +2.6
ENZL iShares MSCI New Zealand Capped ETF 2.4 51 -32 2.8 -2.9
JEMA JPMorgan Emerging Markets Equity Core ETF 2.2 39 -20 6.5 +0.8
JSTC Adasina Social Justice All Cap Global ETF 2.2 89 -70 4.6 -1.2
KOIN Innovation Shares NextGen Protocol ETF 2.2 95 -76 3.7 -2.0
ATEC-AU BetaShares S&P/ASX Australian Technology ETF 2.1 48 -29 1.0 -4.7
GII SPDR S&P Global Infrastructure ETF 2.1 40 -21 4.0 -1.7
IGF iShares Global Infrastructure ETF 2.1 46 -27 4.0 -1.7
GDVD Principal Active Global Dividend Income ETF 2.1 58 -39 0.0 -5.7
DGT SPDR Global Dow ETF 2.0 50 -31 6.4 +0.7
EXI iShares Global Industrials ETF 2.0 46 -27 4.7 -1.1
DFNL Davis Select Financial ETF 2.0 64 -45 6.5 +0.8
BITQ Bitwise Crypto Industry Innovators ETF 2.0 85 -66 -0.8 -6.5
URA Global X Uranium ETF 1.9 69 -50 -1.2 -6.9
IXJ iShares Global Healthcare ETF 1.9 46 -27 5.9 +0.1
FTRI First Trust Indxx Global Natural Resources Income ETF 1.8 70 -51 11.0 +5.3
SCZ iShares MSCI Eafe Small-Cap ETF 1.7 40 -21 4.9 -0.8
XT iShares Exponential Technologies ETF 1.6 47 -28 4.6 -1.1
KLDW Gavekal Knowledge Leaders Developed World ETF 1.6 75 -56 3.7 -2.0
KXI iShares Global Consumer Staples ETF 1.6 46 -27 4.9 -0.8
IXC iShares Global Energy ETF 1.5 46 -27 5.5 -0.2
GDX VanEck Vectors Gold Miners ETF 1.5 52 -33 4.1 -1.6
NXTG First Trust Indxx NextG ETF 1.5 70 -51 5.3 -0.4
RXI iShares Global Consumer Discretionary ETF 1.4 46 -27 3.8 -1.9
FILL iShares MSCI Global Energy Producers ETF 1.4 39 -20 5.7 +0.0
SDIV Global X SuperDividend ETF 1.4 59 -40 15.1 +9.4
INFL Horizon Kinetics Inflation Beneficiaries ETF 1.4 85 -66 3.5 -2.2
FDVV Fidelity Core Dividend ETF 1.2 29 -10 6.1 +0.4
HTEC ROBO Global Healthcare Technology & Innovation ETF 1.0 68 -49 0.5 -5.3
SPRE SP Funds S&P Global REIT Sharia ETF 1.0 69 -50 3.3 -2.5
WLDR Affinity World Leaders Equity ETF 1.0 67 -48 7.7 +2.0
MOO VanEck Vectors Agribusiness ETF 1.0 56 -37 4.3 -1.4
IPAY ETFMG Prime Mobile Payments ETF 0.9 75 -56 4.7 -1.1
TPAY Tortoise Digital Payments Infrastructure Fund 0.9 40 -21 4.3 -1.5
DTEC ALPS Disruptive Technologies ETF 0.9 50 -31 2.8 -2.9
FINX Global X FinTech Thematic ETF 0.9 68 -49 2.5 -3.2
FDNI First Trust Dow Jones International Internet ETF 0.9 65 -46 2.2 -3.5
BUYZ Franklin Disruptive Commerce ETF 0.9 50 -31 -0.2 -5.9
HSCZ iShares Currency Hedged MSCI EAFE Small-Cap ETF 0.9 43 -24 5.1 -0.7
VEGI iShares MSCI Global Agriculture Producers ETF 0.8 39 -20 4.5 -1.2
BNE Blue Horizon BNE ETF 0.8 87 -68 3.0 -2.7
CHIE Global X MSCI China Energy ETF 0.8 66 -47 11.4 +5.7
RFEU First Trust Riverfront Dynamic Europe ETF 0.8 83 -64 5.5 -0.2
RING iShares MSCI Global Gold Miners ETF 0.8 39 -20 4.7 -1.0
AIIQ AI Powered International Equity ETF 0.8 79 -60 2.5 -3.3
SRET Global X SuperDividend REIT ETF 0.8 58 -39 9.6 +3.8
AGNG Global X Aging Population ETF 0.8 50 -31 3.2 -2.5
JETS US Global Jets ETF 0.8 60 -41 -2.4 -8.1
FDRR Fidelity Dividend ETF for Rising Rates 0.7 29 -10 6.3 +0.5
DIVS SmartETFs Dividend Builder ETF 0.7 65 -46 5.3 -0.4
FTAG First Trust Indxx Global Agriculture ETF 0.7 70 -51 5.4 -0.3
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.6 32 -13 6.7 +0.9
SMOG VanEck Vectors Low Carbon Energy ETF 0.6 62 -43 3.3 -2.4
RNRG Global X Renewable Energy Producers ETF 0.6 65 -46 2.4 -3.3
IOO iShares Global 100 ETF 0.6 40 -21 4.6 -1.1
GENY Principal Millennials Index ETF 0.6 45 -26 4.7 -1.0
IXP iShares Global Comm Services ETF 0.6 46 -27 5.1 -0.6
IPOS Renaissance International IPO ETF 0.6 80 -61 2.0 -3.7
IPKW Invesco International BuyBack Achievers ETF 0.6 55 -36 6.4 +0.6
NKEF Sample Portfolio 0.6 0 19 3.4 -2.3
BATT Amplify Advanced Battery Metals & Materials ETF 0.5 59 -40 1.9 -3.8
ICLN iShares Global Clean Energy ETF 0.5 46 -27 4.9 -0.9
HART IQ Healthy Hearts ETF 0.4 45 -26 4.1 -1.6
TRYP SonicShares Airlines, Hotels, Cruise Lines ETF 0.4 75 -56 -1.3 -7.0
KOL VanEck Vectors Coal ETF 0.4 60 -41 0.0 -5.7
BETZ Roundhill Sports Betting & iGaming ETF 0.4 75 -56 3.6 -2.2
CRUZ Defiance Hotel Airline and Cruise ETF 0.4 45 -26 -1.3 -7.1
GXC SPDR S&P China ETF 0.4 59 -40 8.2 +2.5
BLDG Cambria Global Real Estate ETF 0.4 59 -40 6.5 +0.8
DEM WisdomTree Emerging Markets High Dividend Fund 0.4 63 -44 13.2 +7.5
PBD Invesco Global Clean Energy ETF 0.4 75 -56 -0.0 -5.7
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 0.4 95 -76 9.0 +3.3
AVDV Avantis International Small Cap Value ETF 0.3 36 -17 6.4 +0.7
JGLD Amplify Pure Junior Gold Miners ETF 0.3 49 -30 4.3 -1.4
GDXJ VanEck Vectors Junior Gold Miners ETF 0.3 53 -34 4.0 -1.7
CRAK VanEck Vectors Oil Refiners ETF 0.3 60 -41 8.0 +2.3
KMED KraneShares Emerging Markets Healthcare Index ETF 0.2 79 -60 2.6 -3.1
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.2 32 -13 6.0 +0.3
KTEC KraneShares Hang Seng TECH Index ETF 0.2 69 -50 5.1 -0.6
ASIA-AU BetaShares Asia Technology Tigers ETF 0.2 67 -48 4.3 -1.4
IXN iShares Global Tech ETF 0.2 46 -27 3.9 -1.8
OLD The Long-Term Care ETF 0.2 30 -11 4.8 -0.9
FAN First Trust Global Wind Energy ETF 0.2 62 -43 5.9 +0.2
GWX SPDR S&P International Small Cap ETF 0.2 40 -21 4.8 -1.0
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.2 80 -61 7.0 +1.3
GMF SPDR S&P Emerging Asia Pacific ETF 0.2 49 -30 6.8 +1.1
SPEM SPDR Portfolio Emerging Markets ETF 0.1 11 8 7.2 +1.5
ISCF iShares Edge MSCI Multifactor Intl Small-Cap ETF 0.1 40 -21 6.7 +1.0
FPXI First Trust International Equity Opportunities ETF 0.1 70 -51 0.7 -5.1
EYLD Cambria Emerging Shareholder Yield ETF 0.1 69 -50 11.3 +5.6
CARZ First Trust NASDAQ Global Auto Index Fund 0.1 70 -51 8.3 +2.6
IDX VanEck Vectors Indonesia Index ETF 0.1 57 -38 7.5 +1.8
DDLS WisdomTree Dynamic Currency Hedged International SmallCap Eq 0.1 48 -29 7.8 +2.1
DLS WisdomTree International SmallCap Dividend Fund 0.1 58 -39 7.8 +2.0
FLM First Trust Global Engineering and Construction ETF 0.1 70 -51 7.0 +1.3

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

  2016 2017 2018 2019 2020 2021E 2022E
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
  2020 2021E 2022E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 JPMorgan BetaBuilders Developed Asia ex-Japan 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 9.8 %
Divided by: Fwd. P/BV 1.7 x
Less: Expense ratio 19 bp
Equals: ALTAR Score 5.7 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.61 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.