Global X MSCI China Consumer Discretionary ETF
ALTAR
Score™		 11.8% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 9.3x P/Sales
ratio		 0.7x
P/BV
ratio		 1.2x Div.
yield		 1.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Global X MSCI China Consumer Discretionary ETF seeks to invest in large- and mid-capitalization segments of the MSCI China Index that are classified in the Consumer Discretionary Sector as per the Global Industry Classification System.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Global X Management Co LLC
Website www.globalxfunds.com
Inception date Dec 01, 2009
Assets (mns) $154
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 57
Wgt avg mkt cap (mns) $64,494
Large cap (>$10bn) 86.3%
Mid cap ($2-10bn) 13.5%
Small cap (<$2bn) 0.0%
Developed mkts 22.0%
Emerging mkts 78.0%

TOP TEN HOLDINGS
PINDUODUO, INC. SPONSORED ADR CLAS 9.3 %
MEITUAN DIANPING 8.1 %
ALIBABA GROUP HOLDING LTD. 7.7 %
BYD CO LTD-H 7.4 %
JD.COM, INC. CLASS A 5.6 %
TRIP.COM GROUP LTD. 4.8 %
GEELY AUTOMOBILE HOLDINGS LT 4.2 %
YUM CHINA HOLDINGS, INC. 3.3 %
NIO INC-CLASS A 2.8 %
ANTA SPORTS PRODUCTS LTD 2.7 %
Total 55.8 %

TOP COUNTRY EXPOSURE
CHINA 90.2 %
HONG KONG 9.9 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-6.5% -9.7% -8.7% 7.3% 2.7%

Market Correlations
versus... Beta R-squared
S&P500 0.86 35%
MSCI EAFE 0.98 40%
MSCI Emg. Mkts. 1.09 64%

Technical Indicators
Recent close $20.27
30d moving avg. $19.89
Annualized volatility 32.0%
Short interest (ETF) 0.1%
Relative strength (RSI) 49

Liquidity measures
Avg. volume (thou.) 93
Turnover 1.2%
Bid/Ask (% of price) 0.97%
ADV underlying (mns) $6,913

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 230 potential alternatives to the Global X MSCI China Consumer Discretionary ETF ETF based on the alternatives' overlap in portfolio holdings with CHIQ. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: CHIQ Expense: 65 bp ALTAR Score™: 11.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH CHIQ
Ticker Fund
Name		 Overlap1
vs CHIQ
(%)		 Expense
ratio
(bp)		 Savings
vs CHIQ
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs CHIQ
(%)
KWEB KraneShares CSI China Internet ETF 35.3 69 -4 22.2 +10.4
FXI iShares China Large-Cap ETF 25.6 74 -9 19.9 +8.1
CXSE WisdomTree China ex-State-Owned Enterprises Fund 25.1 32 33 13.3 +1.4
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 23.7 86 -21 12.0 +0.2
MCHI iShares MSCI China ETF 22.7 59 6 18.9 +7.1
FDNI First Trust Dow Jones International Internet ETF 22.6 65 0 23.5 +11.6
FLCH Franklin FTSE China ETF 22.5 19 46 16.8 +4.9
TCHI iShares MSCI China Multisector Tech ETF 20.2 59 6 14.4 +2.6
GXC SPDR S & P China ETF 19.4 59 6 17.6 +5.8
KGRN KraneShares MSCI China Clean Technology Index ETF 19.3 79 -14 2.9 -9.0
MCH Matthews China Active ETF 18.6 79 -14 14.9 +3.0
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 17.4 60 5 9.3 -2.5
CQQQ Invesco China Technology ETF 16.7 70 -5 15.9 +4.1
BKF iShares MSCI BIC ETF 14.6 69 -4 13.6 +1.8
FDRV Fidelity Electric Vehicles and Future Transportation ETF 14.5 39 26 1.1 -10.8
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 14.4 72 -7 2.1 -9.8
JCHI JPMorgan Active China ETF 14.2 65 0 15.0 +3.1
IDRV iShares Self-driving EV & Tech ETF 13.7 47 18 1.3 -10.6
CGRO CoreValues Alpha Greater China Growth ETF 13.6 75 -10 4.5 -7.3
ERTH Invesco MSCI Sustainable Future ETF 12.5 62 3 3.0 -8.9
BATT Amplify Lithium & Battery Technology ETF 10.1 59 6 1.8 -10.0
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 9.8 20 45 8.7 -3.2
JADE JPMorgan Active Developing Markets Equity ETF 9.7 65 0 6.3 -5.5
JIVE JPMorgan International Value ETF 9.6 55 10 8.4 -3.5
LDEM iShares ESG MSCI EM Leaders ETF 9.5 17 48 12.2 +0.4
PXH Invesco FTSE RAFI Emerging Markets ETF 9.0 49 16 13.5 +1.7
AIA iShares Asia 50 ETF 8.9 50 15 8.9 -3.0
PGJ Invesco Golden Dragon China ETF 8.6 70 -5 14.0 +2.1
MINV Matthews Asia Innovators Active ETF 8.3 79 -14 6.2 -5.7
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 8.3 15 50 9.3 -2.6
FDEM Fidelity Emerging Markets Multifactor ETF 8.3 25 40 10.7 -1.2
FLAX Franklin FTSE Asia Ex Japan ETF 8.3 19 46 7.6 -4.2
JHEM John Hancock Multifactor Emerging Markets ETF 7.9 49 16 7.9 -3.9
GMF SPDR S&P Emerging Asia Pacific ETF 7.8 49 16 9.0 -2.8
EEMA iShares MSCI Emerging Markets Asia ETF 7.7 49 16 8.1 -3.7
ETEC iShares Breakthrough Environmental Solutions ETF 7.6 47 18 2.8 -9.1
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 7.6 15 50 8.4 -3.5
MOTI VanEck Morningstar International Moat ETF 7.4 58 7 9.7 -2.2
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 7.3 66 -1 7.7 -4.2
RXI iShares Global Consumer Discretionary ETF 7.3 41 24 8.0 -3.8
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 7.1 32 33 7.8 -4.0
EMC Global X Emerging Markets Great Consumer ETF 6.9 75 -10 7.6 -4.3
MEM Matthews Emerging Markets Equity Active ETF 6.9 79 -14 9.0 -2.8
BKEM BNY Mellon Emerging Markets Equity ETF 6.9 11 54 8.3 -3.6
AAXJ iShares MSCI All Country Asia ex Japan ETF 6.9 70 -5 7.5 -4.4
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 6.9 36 29 8.0 -3.9
ESGE iShares ESG Aware MSCI EM ETF 6.8 25 40 8.7 -3.2
SDG iShares MSCI Global Sustainable Development Goals ETF 6.7 49 16 4.6 -7.3
SMOG VanEck Low Carbon Energy ETF 6.6 61 4 1.2 -10.6
MOTO SmartETFs Smart Transportation & Technology ETF 6.6 68 -3 5.7 -6.1
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 6.5 45 20 8.5 -3.4
VWO Vanguard FTSE Emerging Markets ETF 6.4 7 58 9.3 -2.6
SCHE Schwab Emerging Markets Equity ETF 6.3 11 54 9.5 -2.3
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 6.2 30 35 8.5 -3.4
ECON Columbia Emerging Markets Consumer ETF 6.2 49 16 7.3 -4.6
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 6.1 65 0 6.3 -5.6
EBIZ Global X E-Commerce ETF 6.1 50 15 4.7 -7.1
EEM iShares MSCI Emerging Markets ETF 6.0 69 -4 8.2 -3.6
ECOW Pacer Emerging Markets Cash Cows 100 ETF 6.0 70 -5 9.0 -2.8
SPEM SPDR Portfolio Emerging Markets ETF 5.9 7 58 9.6 -2.3
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 5.8 33 32 7.1 -4.7
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 5.4 39 26 13.7 +1.9
IEMG iShares Core MSCI Emerging Markets ETF 5.3 9 56 8.5 -3.3
DEHP Dimensional Emerging Markets High Profitability ETF 5.1 41 24 5.2 -6.7
EEMO Invesco S&P Emerging Markets Momentum ETF 4.9 29 36 7.5 -4.4
OND ProShares On-Demand ETF 4.9 58 7 0.5 -11.4
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 4.9 41 24 7.1 -4.7
NUEM Nuveen ESG Emerging Markets Equity ETF 4.8 36 29 6.2 -5.6
DSTX Distillate International Fundamental Stability & Value ETF 4.8 55 10 6.5 -5.3
MOTG VanEck Morningstar Global Wide Moat ETF 4.7 52 13 7.7 -4.2
EMGF iShares Emerging Markets Equity Factor ETF 4.6 25 40 9.4 -2.4
OGIG ALPS O'Shares Global Internet Giants ETF 4.6 48 17 2.8 -9.0
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 4.5 88 -23 8.3 -3.6
DRIV Global X Autonomous & Electric Vehicles ETF 4.4 68 -3 3.5 -8.3
DFAE Dimensional Emerging Core Equity Market ETF 4.3 35 30 7.3 -4.6
AVSE Avantis Responsible Emerging Markets Equity ETF 4.2 33 32 7.1 -4.8
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 4.2 95 -30 10.4 -1.4
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 4.2 59 6 8.8 -3.0
DFEM Dimensional Emerging Markets Core Equity 2 ETF 4.2 38 27 7.3 -4.6
ISHP First Trust Nasdaq Retail ETF 4.0 60 5 5.3 -6.5
IPKW Invesco International BuyBack Achievers ETF 4.0 55 10 8.0 -3.8
EMMF WisdomTree Emerging Markets Multifactor Fund 4.0 48 17 9.0 -2.9
IBUY Amplify Online Retail ETF 4.0 65 0 2.3 -9.5
TTAI FCF International Quality ETF 3.9 59 6 6.6 -5.2
CDIG City Different Investments Global Equity ETF 3.9 75 -10 -1.6 -13.4
TIIV AAM Todd International Intrinsic Value ETF 3.9 54 11 9.6 -2.3
CLNR IQ Cleaner Transport ETF 3.8 45 20 3.9 -8.0
ABLG Abacus FCF International Leaders ETF 3.7 59 6 6.2 -5.6
DINT Davis Select International ETF 3.7 55 10 6.2 -5.7
EMXF iShares ESG Advanced MSCI EM ETF 3.6 16 49 7.2 -4.6
AVEM Avantis Emerging Markets Equity ETF 3.6 33 32 7.4 -4.4
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 3.6 30 35 8.0 -3.8
EATZ AdvisorShares Restaurant ETF 3.3 101 -36 4.8 -7.0
DFEV Dimensional Emerging Markets Value ETF 3.2 43 22 10.1 -1.8
CARZ First Trust NASDAQ Global Auto Index Fund 3.2 70 -5 2.9 -9.0
UEVM VictoryShares Emerging Markets Value Momentum ETF 3.1 45 20 9.4 -2.5
ADIV SmartETFs Asia Pacific Dividend Builder ETF 3.0 78 -13 10.0 -1.8
LIT Global X Lithium & Battery Tech ETF 3.0 75 -10 5.0 -6.9
EVLU iShares MSCI Emerging Markets Value Factor ETF 2.9 35 30 11.5 -0.3
ONLN ProShares Online Retail ETF 2.7 58 7 1.3 -10.6
TMFG Motley Fool Global Opportunities ETF 2.7 85 -20 3.9 -8.0
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 2.7 55 10 6.6 -5.3
IPOS Renaissance International IPO ETF 2.6 80 -15 0.0 -11.8
ROAM Hartford Multifactor Emerging Markets ETF 2.6 44 21 8.0 -3.9
DWLD Davis Select Worldwide ETF 2.5 63 2 6.9 -5.0
PBD Invesco Global Clean Energy ETF 2.5 75 -10 0.3 -11.6
BEDZ AdvisorShares Hotel ETF 2.4 100 -35 5.5 -6.3
FDCF Fidelity Disruptive Communications ETF 2.3 50 15 2.0 -9.8
VSGX Vanguard ESG International Stock ETF 2.3 10 55 6.8 -5.0
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 2.3 57 8 3.2 -8.6
ANEW ProShares MSCI Transformational Changes ETF 2.3 45 20 4.7 -7.2
BOTT Themes Robotics & Automation ETF 2.2 35 30 -4.2 -16.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 2.2 41 24 6.2 -5.7
BUYZ Franklin Disruptive Commerce ETF 2.2 50 15 2.4 -9.4
GINN Goldman Sachs Innovate Equity ETF 2.2 52 13 4.0 -7.8
GXUS Goldman Sachs MarketBeta Total International Equity ETF 2.2 18 47 6.5 -5.4
DIVS SmartETFs Dividend Builder ETF 2.2 65 0 4.5 -7.3
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.1 47 18 7.5 -4.4
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 2.1 58 7 3.7 -8.2
FRGN Horizon International Equity ETF 2.0 75 -10 8.2 -3.7
AVES Avantis Emerging Markets Value ETF 1.9 36 29 9.0 -2.8
ACWX iShares MSCI ACWI ex U.S. ETF 1.9 34 31 6.4 -5.4
IQDF FlexShares International Quality Dividend Index Fund 1.9 47 18 7.7 -4.2
UMMA Wahed Dow Jones Islamic World ETF 1.9 65 0 3.9 -8.0
AOTS AOT Software Platform ETF 1.9 49 16 4.9 -7.0
VEU Vanguard FTSE All-World ex-US Index Fund 1.9 4 61 6.8 -5.0
CWI SPDR MSCI ACWI ex-US ETF 1.8 30 35 6.5 -5.3
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 1.8 42 23 4.1 -7.8
VXUS Vanguard Total International Stock ETF 1.8 5 60 6.7 -5.1
AIVC Amplify Bloomberg AI Value Chain ETF 1.7 59 6 4.8 -7.0
METV Roundhill Ball Metaverse ETF 1.7 59 6 8.6 -3.2
IXUS iShares Core MSCI Total International Stock ETF 1.7 7 58 6.7 -5.2
GPT Intelligent Alpha Atlas ETF 1.7 69 -4 6.2 -5.6
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 1.6 80 -15 7.6 -4.3
JIG JPMorgan International Growth ETF 1.6 55 10 3.6 -8.2
QNXT iShares Nasdaq-100 ex Top 30 ETF 1.5 20 45 4.5 -7.3
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 1.5 40 25 6.6 -5.3
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 1.5 50 15 8.6 -3.3
EV Mast Global Battery Recycling & Production ETF 1.4 65 0 6.3 -5.6
WUGI AXS Esoterica NextG Economy ETF 1.4 75 -10 1.8 -10.1
GTEK Goldman Sachs Future Tech Leaders Equity ETF 1.4 75 -10 2.3 -9.5
FDTX Fidelity Disruptive Technology ETF 1.3 50 15 2.1 -9.7
FEOE First Eagle Overseas Equity ETF 1.3 79 -14 6.2 -5.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.3 30 35 6.4 -5.4
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 1.3 60 5 6.4 -5.5
FBOT Fidelity Disruptive Automation ETF 1.2 50 15 3.1 -8.8
FID First Trust S&P International Dividend Aristocrats ETF 1.2 60 5 7.9 -4.0
AWAY ETFMG Travel Tech ETF 1.2 76 -11 1.2 -10.7
WDIV SPDR S&P Global Dividend ETF 1.2 40 25 9.2 -2.7
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 1.1 90 -25 4.0 -7.8
KLMT Invesco MSCI Global Climate 500 ETF 1.1 10 55 5.2 -6.6
XT iShares Exponential Technologies ETF 1.1 46 19 4.3 -7.6
CNYA iShares MSCI China A ETF 1.0 60 5 6.4 -5.4
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.0 35 30 3.9 -8.0
FEM First Trust Emerging Markets AlphaDEX Fund 1.0 80 -15 8.6 -3.2
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 1.0 44 21 9.1 -2.7
FDLS Inspire Fidelis Multi Factor ETF 1.0 76 -11 3.3 -8.5
FEGE First Eagle Global Equity ETF 1.0 79 -14 6.1 -5.8
GVAL Cambria Global Value ETF 0.9 68 -3 8.8 -3.1
JGLO JPMorgan Global Select Equity ETF 0.9 33 32 4.4 -7.5
JOET Virtus Terranova US Quality Momentum ETF 0.9 29 36 4.0 -7.9
CZA Invesco Zacks Mid-Cap ETF 0.8 72 -7 6.0 -5.9
CGXU Capital Group International Focus Equity ETF 0.8 54 11 4.0 -7.8
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.8 12 53 4.6 -7.2
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.7 15 50 5.3 -6.5
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 0.7 65 0 4.5 -7.3
APIE ActivePassive International Equity ETF 0.7 45 20 6.4 -5.4
ACWI iShares MSCI ACWI ETF 0.7 32 33 4.9 -7.0
VT Vanguard Total World Stock ETF 0.7 6 59 5.2 -6.6
FCA First Trust China AlphaDEX Fund 0.7 80 -15 6.8 -5.0
IBAT iShares Energy Storage & Materials ETF 0.6 47 18 1.8 -10.1
AIQ Global X Artificial Intelligence & Technology ETF 0.6 68 -3 3.4 -8.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.6 9 56 5.1 -6.8
JSTC Adasina Social Justice All Cap Global ETF 0.6 89 -24 4.7 -7.2
PATN Pacer Nasdaq International Patent Leaders ETF 0.6 65 0 4.7 -7.2
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.5 42 23 7.6 -4.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.5 20 45 5.0 -6.9
WRND IQ Global Equity R&D Leaders ETF 0.5 18 47 4.2 -7.6
GEW Cambria Global EW ETF 0.5 29 36 5.5 -6.3
SDEM Global X MSCI SuperDividend Emerging Markets ETF 0.5 67 -2 12.0 +0.2
GLOF iShares Global Equity Factor ETF 0.5 20 45 5.8 -6.0
QQQ Invesco QQQ Trust Series I 0.5 20 45 3.5 -8.3
QQQM Invesco NASDAQ 100 ETF 0.5 15 50 3.6 -8.3
DEM WisdomTree Emerging Markets High Dividend Fund 0.5 63 2 10.7 -1.1
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.5 80 -15 6.7 -5.1
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.5 4 61 5.8 -6.1
WWJD Inspire International ETF 0.5 80 -15 6.2 -5.7
JETS U.S. Global Jets ETF 0.4 60 5 2.7 -9.2
IGRO iShares International Dividend Growth ETF 0.4 15 50 6.7 -5.1
AQLT iShares MSCI Global Quality Factor ETF 0.4 18 47 0.0 -11.8
IQM Franklin Intelligent Machines ETF 0.4 50 15 1.2 -10.6
GCOW Pacer Global Cash Cows Dividend ETF 0.4 60 5 9.0 -2.9
VYMI Vanguard International High Dividend Yield ETF 0.4 17 48 8.0 -3.9
TRFM AAM Transformers ETF 0.4 49 16 1.1 -10.7
QQMG Invesco ESG NASDAQ 100 ETF 0.3 20 45 3.5 -8.3
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.2 58 7 3.5 -8.3
ACWV iShares MSCI Global Min Vol Factor ETF 0.2 20 45 5.7 -6.1
UIVM VictoryShares International Value Momentum ETF 0.2 35 30 8.2 -3.7
YNOT Horizon Digital Frontier ETF 0.2 75 -10 2.8 -9.0
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.2 49 16 6.0 -5.9
BLES Inspire Global Hope ETF 0.2 61 4 5.9 -6.0
ONEQ Fidelity Nasdaq Composite Index ETF 0.2 21 44 3.1 -8.7
CIL VictoryShares International Volatility Wtd ETF 0.2 45 20 5.8 -6.1
PNQI Invesco NASDAQ Internet ETF 0.2 60 5 3.9 -8.0
FNDC Schwab Fundamental International Small Co. Index ETF 0.2 39 26 6.7 -5.1
DGT State Street SPDR Global Dow ETF 0.1 50 15 5.9 -6.0
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 0.1 25 40 6.5 -5.4
KSTR KraneShares SSE STAR Market 50 Index ETF 0.1 89 -24 1.0 -10.8
BOTZ Global X Robotics & Artificial Intelligence ETF 0.1 69 -4 2.0 -9.9
INTF iShares International Equity Factor ETF 0.1 15 50 6.4 -5.4
INEQ Columbia International Equity Income ETF 0.1 45 20 7.5 -4.3
BKIE BNY Mellon International Equity ETF 0.1 4 61 6.0 -5.8
GSID Goldman Sachs MarketBeta International Equity ETF 0.1 20 45 5.9 -6.0
VPL Vanguard FTSE Pacific ETF 0.1 7 58 5.5 -6.3
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.1 45 20 -0.9 -12.8
IDMO Invesco S&P International Developed Momentum ETF 0.1 25 40 5.1 -6.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.1 39 26 6.1 -5.7
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 54 4.4 -7.5
HFXI IQ FTSE International Equity Currency Neutral ETF 0.0 20 45 5.8 -6.1
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.0 24 41 6.8 -5.1
DEW WisdomTree Global High Dividend Fund 0.0 58 7 7.3 -4.6
SCHF Schwab International Equity ETF 0.0 6 59 6.1 -5.8
VEA Vanguard FTSE Developed Markets ETF 0.0 3 62 6.0 -5.8
WSGE Warren Street Global Equity ETF 0.0 80 -15 3.0 -8.9
IMFL Invesco International Developed Dynamic Multifactor ETF 0.0 34 31 5.2 -6.6
IQSI IQ Candriam International Equity ETF 0.0 15 50 5.6 -6.3
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.0 35 30 5.7 -6.2
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 62 5.9 -5.9
FBCG Fidelity Blue Chip Growth ETF 0.0 59 6 2.3 -9.5
AVSD Avantis Responsible International Equity ETF 0.0 23 42 6.0 -5.9

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 MSCI China Consumer Discretionary ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 14.3 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 65 bp
Equals: ALTAR Score 11.8 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.46 CATEGORY
AVERAGE		 1.52
 
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.