CoreValues Alpha Greater China Growth ETF
ALTAR
Score™		 3.4% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 21.2x P/Sales
ratio		 1.1x
P/BV
ratio		 2.7x Div.
yield		 0.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
CGRO is an actively managed ETF investing in stocks of companies operating in high-growth sectors in Greater China, which includes mainland China, Taiwan, and China's special administrative regions, such as Hong Kong. The strategy seeks to capture economic gains or "alpha" in China without falling afoul of US sanctions or compromising American values or national interests.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor CVA Funds
Website
Inception date Oct 16, 2023
Assets (mns) $11
Currency USD
Expense ratio 75 bp
Distributions Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 26
Wgt avg mkt cap (mns) $144,905
Large cap (>$10bn) 85.8%
Mid cap ($2-10bn) 11.1%
Small cap (<$2bn) 3.1%
Developed mkts 32.4%
Emerging mkts 67.7%

TOP TEN HOLDINGS
ALIBABA GROUP HOLDING LTD. SPONSOR 10.3 %
TENCENT HOLDINGS LTD 9.1 %
XIAOMI CORP. CLASS B 6.6 %
TRIP.COM GROUP LTD. SPONSORED ADR 5.6 %
LUCKIN COFFEE INC - ADR 5.4 %
UBTECH ROBOTICS CORP LTD 5.2 %
HORIZON ROBOTICS 4.5 %
MEITUAN DIANPING 4.4 %
BYD CO LTD-H 4.3 %
PINDUODUO, INC. SPONSORED ADR CLAS 4.0 %
Total 59.5 %

TOP COUNTRY EXPOSURE
CHINA 81.3 %
HONG KONG 10.9 %









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.
30.7% 28.3% -- -- 23.2%

Market Correlations
versus... Beta R-squared
S&P500 0.03 0%
MSCI EAFE 0.50 6%
MSCI Emg. Mkts. 0.99 17%

Technical Indicators
Recent close $28.98
30d moving avg. $30.72
Annualized volatility 24.6%
Short interest (ETF) 1.5%
Relative strength (RSI) 50

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.3%
Bid/Ask (% of price) 0.72%
ADV underlying (mns) $44,706

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 263 potential alternatives to the CoreValues Alpha Greater China Growth ETF ETF based on the alternatives' overlap in portfolio holdings with CGRO. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: CGRO Expense: 75 bp ALTAR Score™: 3.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH CGRO
Ticker Fund
Name		 Overlap1
vs CGRO
(%)		 Expense
ratio
(bp)		 Savings
vs CGRO
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs CGRO
(%)
FXI iShares China Large-Cap ETF 29.8 74 1 16.4 +13.0
KTEC KraneShares Hang Seng TECH Index ETF 26.1 69 6 18.9 +15.6
MCH Matthews China Active ETF 25.6 79 -4 13.5 +10.1
KWEB KraneShares CSI China Internet ETF 25.6 69 6 24.5 +21.1
CXSE WisdomTree China ex-State-Owned Enterprises Fund 24.8 32 43 13.0 +9.7
FLCH Franklin FTSE China ETF 23.7 19 56 14.9 +11.6
MCHI iShares MSCI China ETF 22.8 59 16 16.2 +12.8
FDNI First Trust Dow Jones International Internet ETF 22.5 65 10 21.4 +18.1
CQQQ Invesco China Technology ETF 21.8 70 5 14.5 +11.2
TCHI iShares MSCI China Multisector Tech ETF 21.7 59 16 15.8 +12.5
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 21.5 86 -11 13.6 +10.2
MINV Matthews Asia Innovators Active ETF 21.2 79 -4 6.8 +3.5
GXC SPDR S&P China ETF 20.9 59 16 15.2 +11.8
KALL KraneShares MSCI All China Index ETF 20.3 49 26 12.7 +9.3
EEMO Invesco S&P Emerging Markets Momentum ETF 19.0 29 46 7.5 +4.1
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 18.9 15 60 7.3 +4.0
EMC Global X Emerging Markets Great Consumer ETF 17.8 75 0 7.3 +4.0
JCHI JPMorgan Active China ETF 17.6 65 10 13.8 +10.4
CHIQ Global X MSCI China Consumer Discretionary ETF 17.5 65 10 13.8 +10.5
PGJ Invesco Golden Dragon China ETF 17.4 70 5 13.2 +9.8
BKF iShares MSCI BIC ETF 17.2 69 6 12.7 +9.4
AIA iShares Asia 50 ETF 17.0 50 25 12.3 +9.0
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 17.0 20 55 9.6 +6.2
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 16.5 60 15 10.0 +6.6
EBIZ Global X E-Commerce ETF 15.5 50 25 4.0 +0.7
SOCL Global X Social Media ETF 14.2 65 10 10.9 +7.6
ISHP First Trust Nasdaq Retail ETF 13.9 60 15 5.5 +2.2
DEHP Dimensional Emerging Markets High Profitability ETF 13.9 41 34 6.3 +2.9
DINT Davis Select International ETF 13.8 55 20 7.7 +4.3
ONLN ProShares Online Retail ETF 13.2 58 17 2.4 -1.0
MEM Matthews Emerging Markets Equity Active ETF 12.6 79 -4 7.2 +3.8
DWLD Davis Select Worldwide ETF 12.1 63 12 7.2 +3.9
ECON Columbia Emerging Markets Consumer ETF 11.9 49 26 11.4 +8.1
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 11.8 40 35 6.6 +3.2
FLAX Franklin FTSE Asia Ex Japan ETF 11.5 19 56 8.3 +4.9
EEMA iShares MSCI Emerging Markets Asia ETF 11.5 49 26 8.9 +5.5
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 11.1 66 9 8.8 +5.4
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 11.0 75 0 3.3 -0.0
ODDS Pacer BlueStar Digital Entertainment ETF 10.7 60 15 2.7 -0.7
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 10.7 45 30 9.4 +6.1
AAXJ iShares MSCI All Country Asia ex Japan ETF 10.7 70 5 8.3 +4.9
ESPO VanEck Video Gaming and eSports ETF 10.3 56 19 5.1 +1.8
AVEM Avantis Emerging Markets Equity ETF 10.2 33 42 8.1 +4.8
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 10.2 36 39 8.9 +5.5
BKEM BNY Mellon Emerging Markets Equity ETF 10.2 11 64 9.1 +5.7
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 10.2 30 45 9.4 +6.1
GMF SPDR S&P Emerging Asia Pacific ETF 10.1 49 26 9.3 +5.9
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 10.0 33 42 9.2 +5.8
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 10.0 15 60 9.5 +6.1
AVSE Avantis Responsible Emerging Markets Equity ETF 9.8 33 42 7.9 +4.5
SCHE Schwab Emerging Markets Equity ETF 9.8 11 64 10.3 +7.0
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 9.7 32 43 8.3 +4.9
PATN Pacer Nasdaq International Patent Leaders ETF 9.5 65 10 5.3 +1.9
EEM iShares MSCI Emerging Markets ETF 9.2 69 6 9.3 +5.9
VWO Vanguard FTSE Emerging Markets ETF 9.1 7 68 10.0 +6.6
SPEM SPDR Portfolio Emerging Markets ETF 8.6 7 68 10.2 +6.8
ESGE iShares ESG Aware MSCI EM ETF 8.5 25 50 9.2 +5.8
IVRS iShares Future Metaverse Tech and Communications ETF 8.4 47 28 3.2 -0.2
LDEM iShares ESG MSCI EM Leaders ETF 8.4 17 58 13.7 +10.3
DFAE Dimensional Emerging Core Equity Market ETF 8.4 35 40 8.5 +5.1
OGIG ALPS O'Shares Global Internet Giants ETF 8.2 48 27 2.2 -1.2
EMGF iShares Emerging Markets Equity Factor ETF 8.1 25 50 10.6 +7.2
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 8.0 41 34 8.1 +4.7
IEMG iShares Core MSCI Emerging Markets ETF 7.8 9 66 9.6 +6.2
FDEM Fidelity Emerging Markets Multifactor ETF 7.8 25 50 11.9 +8.5
JHEM John Hancock Multifactor Emerging Markets ETF 7.8 49 26 9.3 +5.9
BNGE First Trust S-Network Streaming and Gaming ETF 7.6 70 5 2.8 -0.6
AIQ Global X Artificial Intelligence & Technology ETF 7.4 68 7 3.6 +0.2
FDCF Fidelity Disruptive Communications ETF 7.3 50 25 4.2 +0.8
XNTK SPDR NYSE Technology ETF 7.0 35 40 3.6 +0.2
SMOG VanEck Low Carbon Energy ETF 7.0 61 14 1.5 -1.9
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 6.9 65 10 6.8 +3.4
NUEM Nuveen ESG Emerging Markets Equity ETF 6.4 36 39 7.2 +3.8
DFEM Dimensional Emerging Markets Core Equity 2 ETF 6.3 38 37 8.5 +5.1
BOTT Themes Robotics & Automation ETF 6.1 35 40 -1.3 -4.6
PXH Invesco FTSE RAFI Emerging Markets ETF 6.0 49 26 14.6 +11.3
JIG JPMorgan International Growth ETF 5.9 55 20 4.6 +1.2
RAYC Rayliant Quantamental China Equity ETF 5.6 80 -5 8.1 +4.8
BEDZ AdvisorShares Hotel ETF 5.6 100 -25 7.3 +3.9
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 5.3 95 -20 10.9 +7.5
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 5.2 59 16 8.5 +5.1
IXP iShares Global Comm Services ETF 5.1 42 33 5.9 +2.6
ARVR First Trust Indxx Metaverse ETF 5.0 70 5 4.1 +0.7
IPKW Invesco International BuyBack Achievers ETF 5.0 55 20 8.9 +5.6
TTAI FCF International Quality ETF 5.0 59 16 7.2 +3.9
MOTI VanEck Morningstar International Moat ETF 4.8 58 17 10.6 +7.2
KURE KraneShares MSCI All China Health Care Index ETF 4.6 65 10 2.9 -0.5
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 4.6 30 45 8.6 +5.2
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 4.5 55 20 7.1 +3.7
FMET Fidelity Metaverse ETF 4.4 39 36 4.7 +1.3
BATT Amplify Lithium & Battery Technology ETF 4.4 59 16 2.7 -0.6
APIE ActivePassive International Equity ETF 4.3 45 30 7.1 +3.8
ERTH Invesco MSCI Sustainable Future ETF 4.3 62 13 3.3 -0.1
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 4.2 39 36 15.3 +11.9
UMMA Wahed Dow Jones Islamic World ETF 4.1 65 10 4.8 +1.5
MOTG VanEck Morningstar Global Wide Moat ETF 4.1 52 23 8.8 +5.4
METV Roundhill Ball Metaverse ETF 4.1 59 16 8.9 +5.5
AWAY ETFMG Travel Tech ETF 4.0 76 -1 -0.1 -3.5
AADR AdvisorShares Dorsey Wright ADR ETF 4.0 110 -35 4.8 +1.4
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 3.8 60 15 8.0 +4.6
FPXI First Trust International Equity Opportunities ETF 3.7 70 5 4.3 +0.9
EMXF iShares ESG Advanced MSCI EM ETF 3.5 16 59 7.8 +4.4
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 3.5 72 3 -1.3 -4.6
GINN Goldman Sachs Innovate Equity ETF 3.3 52 23 3.6 +0.3
GGME Invesco Next Gen Media and Gaming ETF 3.3 60 15 4.6 +1.3
BINV Brandes International ETF 3.3 70 5 9.1 +5.7
PNQI Invesco NASDAQ Internet ETF 3.2 60 15 3.6 +0.2
WRND IQ Global Equity R&D Leaders ETF 3.2 18 57 7.6 +4.2
CHAT Roundhill Generative AI & Technology ETF 3.1 75 0 7.4 +4.0
TIME Clockwise Core Equity & Innovation ETF 3.1 95 -20 3.9 +0.5
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 3.1 41 34 7.1 +3.7
GXUS Goldman Sachs MarketBeta Total International Equity ETF 3.1 18 57 7.2 +3.9
IBLC iShares Blockchain and Tech ETF 2.9 47 28 -1.5 -4.8
RXI iShares Global Consumer Discretionary ETF 2.9 41 34 8.2 +4.8
ACWX iShares MSCI ACWI ex U.S. ETF 2.9 34 41 7.3 +3.9
FCA First Trust China AlphaDEX Fund 2.9 80 -5 8.9 +5.5
CWI SPDR MSCI ACWI ex-US ETF 2.8 30 45 7.3 +4.0
ANEW ProShares MSCI Transformational Changes ETF 2.8 45 30 5.2 +1.9
RNEM First Trust Emerging Markets Equity Select ETF 2.8 75 0 8.4 +5.1
WUGI AXS Esoterica NextG Economy ETF 2.8 75 0 2.3 -1.1
VEU Vanguard FTSE All-World ex-US Index Fund 2.7 4 71 7.7 +4.3
ROAM Hartford Multifactor Emerging Markets ETF 2.7 44 31 11.1 +7.7
DRIV Global X Autonomous & Electric Vehicles ETF 2.6 68 7 4.6 +1.2
VXUS Vanguard Total International Stock ETF 2.5 5 70 7.6 +4.2
GVIP Goldman Sachs Hedge Industry VIP ETF 2.5 45 30 3.2 -0.2
IXUS iShares Core MSCI Total International Stock ETF 2.5 7 68 7.5 +4.1
ARKF ARK Fintech Innovation ETF 2.4 75 0 0.2 -3.2
IDRV iShares Self-driving EV & Tech ETF 2.4 47 28 1.3 -2.0
HAIL SPDR S&P Kensho Smart Mobility ETF 2.3 45 30 1.3 -2.0
IBUY Amplify Online Retail ETF 2.3 65 10 2.7 -0.7
KGRN KraneShares MSCI China Clean Technology Index ETF 2.3 79 -4 0.4 -3.0
DSTX Distillate International Fundamental Stability & Value ETF 2.3 55 20 7.7 +4.3
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 2.2 57 18 3.9 +0.6
LEGR First Trust Indxx Innovative Transaction & Process ETF 2.2 65 10 8.1 +4.7
TMAT Main Thematic Innovation ETF 2.2 164 -89 -1.5 -4.9
SDEM Global X MSCI SuperDividend Emerging Markets ETF 2.2 67 8 14.8 +11.4
KOCG FIS Knights of Columbus Global Belief ETF 2.2 75 0 4.8 +1.5
EWH iShares MSCI Hong Kong ETF 2.1 50 25 5.0 +1.6
PBD Invesco Global Clean Energy ETF 2.1 75 0 0.8 -2.6
BOTZ Global X Robotics & Artificial Intelligence ETF 2.1 69 6 2.1 -1.3
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 2.1 20 55 4.4 +1.1
QNXT iShares Nasdaq-100 ex Top 30 ETF 2.0 20 55 4.8 +1.4
LIT Global X Lithium & Battery Tech ETF 2.0 75 0 4.6 +1.3
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 2.0 68 7 4.0 +0.6
IQDF FlexShares International Quality Dividend Index Fund 1.9 47 28 8.5 +5.1
CLNR IQ Cleaner Transport ETF 1.9 45 30 5.0 +1.6
CGXU Capital Group International Focus Equity ETF 1.9 54 21 5.4 +2.0
ADIV SmartETFs Asia Pacific Dividend Builder ETF 1.9 78 -3 9.0 +5.6
VICE AdvisorShares Vice ETF 1.9 99 -24 6.5 +3.1
HERO Global X Video Games & Esports ETF 1.9 50 25 4.4 +1.0
NERD Roundhill Video Games ETF 1.9 50 25 6.4 +3.0
ABLG Abacus FCF International Leaders ETF 1.9 59 16 6.6 +3.2
FDRV Fidelity Electric Vehicles and Future Transportation ETF 1.9 39 36 -1.3 -4.6
FDTX Fidelity Disruptive Technology ETF 1.9 50 25 2.5 -0.9
SFYF SoFi Social 50 ETF 1.8 29 46 1.0 -2.4
ECOW Pacer Emerging Markets Cash Cows 100 ETF 1.8 70 5 11.6 +8.3
UEVM VictoryShares Emerging Markets Value Momentum ETF 1.8 45 30 10.0 +6.7
QQQJ Invesco NASDAQ Next Gen 100 ETF 1.7 15 60 4.8 +1.4
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.7 30 45 7.5 +4.1
GURU Global X Guru Index ETF 1.7 75 0 3.1 -0.3
RGEF Rockefeller Global Equity ETF 1.7 55 20 4.6 +1.2
PBW Invesco WilderHill Clean Energy ETF 1.7 66 9 -3.2 -6.5
XT iShares Exponential Technologies ETF 1.6 46 29 4.6 +1.3
FBOT Fidelity Disruptive Automation ETF 1.6 50 25 3.4 0.0
VSGX Vanguard ESG International Stock ETF 1.6 10 65 7.5 +4.1
EMMF WisdomTree Emerging Markets Multifactor Fund 1.6 48 27 7.0 +3.6
CCSO Carbon Collective Climate Solutions US Equity ETF 1.6 35 40 1.2 -2.2
BUYZ Franklin Disruptive Commerce ETF 1.5 50 25 2.5 -0.9
QTUM Defiance Quantum ETF 1.5 40 35 5.2 +1.8
KOMP SPDR S&P Kensho New Economies Composite ETF 1.5 20 55 2.8 -0.6
IOO iShares Global 100 ETF 1.4 41 34 4.6 +1.2
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 1.4 90 -15 4.9 +1.5
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 1.4 50 25 10.2 +6.8
CNYA iShares MSCI China A ETF 1.4 60 15 6.9 +3.5
BWEB Bitwise Web3 ETF 1.4 85 -10 -0.1 -3.4
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.4 47 28 7.8 +4.4
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 1.4 25 50 6.4 +3.0
KLMT Invesco MSCI Global Climate 500 ETF 1.3 10 65 5.6 +2.2
KNCT Invesco Next Gen Connectivity ETF 1.3 40 35 4.6 +1.2
MOTO SmartETFs Smart Transportation & Technology ETF 1.3 68 7 6.5 +3.2
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.3 35 40 4.2 +0.8
TRFM AAM Transformers ETF 1.2 49 26 1.2 -2.2
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.2 61 14 2.0 -1.4
CGIE Capital Group International Equity ETF 1.2 54 21 4.9 +1.5
DGT SPDR Global Dow ETF 1.2 50 25 6.6 +3.2
OND ProShares On-Demand ETF 1.1 58 17 -0.5 -3.9
CARZ First Trust NASDAQ Global Auto Index Fund 1.1 70 5 4.2 +0.8
AVES Avantis Emerging Markets Value ETF 1.1 36 39 10.7 +7.3
CGGO Capital Group Global Growth Equity ETF 1.1 47 28 4.2 +0.8
ACWI iShares MSCI ACWI ETF 1.0 32 43 5.4 +2.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.0 9 66 5.5 +2.2
JETS U.S. Global Jets ETF 1.0 60 15 3.3 -0.1
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.0 58 17 4.5 +1.2
NXTG First Trust Indxx NextG ETF 0.9 70 5 4.9 +1.6
VT Vanguard Total World Stock ETF 0.9 6 69 5.7 +2.4
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.9 12 63 5.1 +1.7
ETEC iShares Breakthrough Environmental Solutions ETF 0.9 47 28 3.5 +0.1
FEM First Trust Emerging Markets AlphaDEX Fund 0.9 80 -5 11.3 +7.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.9 20 55 5.5 +2.1
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.9 65 10 1.9 -1.5
LIVR Intelligent Livermore ETF 0.8 69 6 3.4 +0.0
GLOF iShares Global Equity Factor ETF 0.8 20 55 6.7 +3.3
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.7 42 33 6.3 +2.9
OBOR KraneShares MSCI One Belt One Road Index ETF 0.7 79 -4 7.9 +4.5
GINX SGI Enhanced Global Income ETF 0.7 98 -23 8.1 +4.7
SHPP Pacer Industrials and Logistics ETF 0.7 60 15 8.2 +4.8
CVY Invesco Zacks Multi-Asset Income ETF 0.7 106 -31 11.9 +8.6
GTEK Goldman Sachs Future Tech Leaders Equity ETF 0.6 75 0 2.8 -0.6
CLOU Global X Cloud Computing ETF 0.6 68 7 2.3 -1.1
ARKK ARK Innovation ETF 0.5 75 0 -2.5 -5.8
ACWV iShares MSCI Global Min Vol Factor ETF 0.5 20 55 6.0 +2.6
EPP iShares MSCI Pacific ex-Japan ETF 0.5 47 28 5.2 +1.8
IXN iShares Global Tech ETF 0.5 41 34 3.4 +0.0
ONEQ Fidelity Nasdaq Composite Index ETF 0.5 21 54 3.7 +0.4
JGRO JPMorgan Active Growth ETF 0.5 44 31 3.5 +0.2
CVAR Cultivar ETF 0.5 87 -12 7.1 +3.7
QQQ Invesco QQQ Trust Series I 0.5 20 55 4.1 +0.7
QQQM Invesco NASDAQ 100 ETF 0.5 15 60 4.2 +0.8
QQWZ Pacer Cash COWZ 100-Nasdaq100 Rotator ETF 0.5 49 26 3.8 +0.4
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 0.4 65 10 5.0 +1.6
ROBO ROBO Global Robotics & Automation Index ETF 0.4 95 -20 3.2 -0.2
FBCG Fidelity Blue Chip Growth ETF 0.4 59 16 2.9 -0.5
SPYA Twin Oak Endure ETF 0.4 80 -5 -0.4 -3.8
INTF iShares International Equity Factor ETF 0.3 15 60 7.4 +4.0
JSTC Adasina Social Justice All Cap Global ETF 0.3 89 -14 5.1 +1.7
QQMG Invesco ESG NASDAQ 100 ETF 0.3 20 55 4.1 +0.8
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.3 58 17 4.3 +0.9
TEMP JPMorgan Climate Change Solutions ETF 0.3 49 26 5.6 +2.2
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 0.3 44 31 10.4 +7.0
DFEV Dimensional Emerging Markets Value ETF 0.2 43 32 11.8 +8.4
EFRA iShares Environmental Infrastructure and Industrials ETF 0.2 47 28 5.3 +2.0
JAVA JPMorgan Active Value ETF 0.2 44 31 6.4 +3.1
IQLT iShares MSCI Intl Quality Factor ETF 0.2 30 45 6.2 +2.8
FFLC Fidelity Fundamental Large Cap Core ETF 0.2 38 37 4.5 +1.2
IPAC iShares Core MSCI Pacific ETF 0.1 9 66 6.1 +2.7
DMXF iShares ESG Advanced MSCI EAFE ETF 0.1 12 63 5.3 +1.9
IQSI IQ Candriam International Equity ETF 0.1 15 60 6.2 +2.8
IGPT Invesco AI and Next Gen Software ETF 0.1 60 15 4.2 +0.9
EFG iShares MSCI EAFE Growth ETF 0.1 36 39 4.2 +0.8
FNDC Schwab Fundamental International Small Co. Index ETF 0.1 39 36 5.8 +2.4
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.1 25 50 6.9 +3.5
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.1 39 36 6.4 +3.0
IMTM iShares MSCI Intl Momentum Factor ETF 0.1 30 45 5.4 +2.1
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 26 7.0 +3.6
BKIE BNY Mellon International Equity ETF 0.1 4 71 6.6 +3.3
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.1 36 39 6.3 +2.9
GSID Goldman Sachs MarketBeta International Equity ETF 0.1 20 55 6.5 +3.2
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.1 35 40 6.2 +2.9
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.1 20 55 6.1 +2.8
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.1 12 63 5.9 +2.5
EFA iShares MSCI EAFE ETF 0.1 35 40 6.4 +3.0
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.0 30 45 6.8 +3.5
IEFA iShares Core MSCI EAFE ETF 0.0 7 68 6.7 +3.4
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 71 6.7 +3.4
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 72 6.7 +3.3
DEM WisdomTree Emerging Markets High Dividend Fund 0.0 63 12 12.7 +9.4
AVDE Avantis International Equity ETF 0.0 23 52 7.1 +3.7
KOKU Xtrackers MSCI Kokusai Equity ETF 0.0 9 66 5.1 +1.7
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 45 5.8 +2.5
TOK iShares MSCI Kokusai ETF 0.0 26 49 5.0 +1.6
URTH iShares MSCI World ETF 0.0 24 51 5.0 +1.6
VYMI Vanguard International High Dividend Yield ETF 0.0 17 58 9.1 +5.8
AVSD Avantis Responsible International Equity ETF 0.0 23 52 5.1 +1.7

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

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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

Content on this tab for subscribers only

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:		 CoreValues Alpha Greater China Growth 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 9.9 %
Divided by: Fwd. P/BV 2.4 x
Less: Expense ratio 75 bp
Equals: ALTAR Score 3.4 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.40 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.