Global X MSCI China Consumer Discretionary ETF
ALTAR
Score™		 14.6% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 7.9x P/Sales
ratio		 0.6x
P/BV
ratio		 1.0x Div.
yield		 1.3%


  • 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) $123
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 56
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
MEITUAN DIANPING 8.9 %
PINDUODUO, INC. SPONSORED ADR CLAS 8.8 %
ALIBABA GROUP HOLDING LTD. 8.4 %
BYD CO LTD-H 7.1 %
JD.COM, INC. CLASS A 6.5 %
TRIP.COM GROUP LTD. 4.3 %
GEELY AUTOMOBILE HOLDINGS LT 3.8 %
YUM CHINA HOLDINGS, INC. 3.4 %
ANTA SPORTS PRODUCTS LTD 2.8 %
NIO INC-CLASS A 2.5 %
Total 56.3 %

TOP COUNTRY EXPOSURE
CHINA 89.9 %
HONG KONG 9.9 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-15.1% -12.4% -10.3% 6.5% 2.0%

Market Correlations
versus... Beta R-squared
S&P500 1.03 29%
MSCI EAFE 0.80 28%
MSCI Emg. Mkts. 0.78 47%

Technical Indicators
Recent close $17.22
30d moving avg. $17.37
Annualized volatility 32.0%
Short interest (ETF) 0.1%
Relative strength (RSI) 34

Liquidity measures
Avg. volume (thou.) 41
Turnover 0.6%
Bid/Ask (% of price) 0.71%
ADV underlying (mns) $6,913

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 226 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™: 14.6%


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 37.1 69 -4 25.5 +10.9
CXSE WisdomTree China ex-State-Owned Enterprises Fund 25.7 32 33 14.0 -0.5
FXI iShares China Large-Cap ETF 25.6 74 -9 22.0 +7.5
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 24.4 86 -21 12.9 -1.7
FLCH Franklin FTSE China ETF 22.9 19 46 18.6 +4.0
FDNI First Trust Dow Jones International Internet ETF 22.8 65 0 25.0 +10.5
MCHI iShares MSCI China ETF 22.0 59 6 21.0 +6.4
TCHI iShares MSCI China Multisector Tech ETF 19.8 59 6 13.4 -1.1
GXC SPDR S & P China ETF 19.2 59 6 19.2 +4.6
KGRN KraneShares MSCI China Clean Technology Index ETF 18.5 79 -14 3.8 -10.8
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 17.6 60 5 8.7 -5.9
CQQQ Invesco China Technology ETF 16.3 70 -5 14.2 -0.4
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 14.7 72 -7 2.4 -12.2
FDRV Fidelity Electric Vehicles and Future Transportation ETF 13.9 39 26 1.0 -13.6
BKF iShares MSCI BIC ETF 13.8 69 -4 14.8 +0.2
JCHI JPMorgan Active China ETF 13.5 65 0 15.6 +1.0
CGRO CoreValues Alpha Greater China Growth ETF 13.5 75 -10 5.5 -9.1
MCH Matthews China Active ETF 13.1 79 -14 14.7 +0.2
IDRV iShares Self-driving EV & Tech ETF 12.6 47 18 1.5 -13.1
ERTH Invesco MSCI Sustainable Future ETF 12.3 62 3 3.2 -11.4
LDEM iShares ESG MSCI EM Leaders ETF 9.8 17 48 12.6 -2.0
PXH Invesco FTSE RAFI Emerging Markets ETF 9.0 49 16 13.4 -1.1
JIVE JPMorgan International Value ETF 8.9 55 10 8.2 -6.4
PGJ Invesco Golden Dragon China ETF 8.3 70 -5 16.1 +1.5
JADE JPMorgan Active Developing Markets Equity ETF 8.0 65 0 5.8 -8.7
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 7.5 20 45 12.8 -1.7
MOTI VanEck Morningstar International Moat ETF 7.4 58 7 10.2 -4.3
RXI iShares Global Consumer Discretionary ETF 7.2 41 24 8.3 -6.3
BATT Amplify Lithium & Battery Technology ETF 7.1 59 6 2.1 -12.5
JHEM John Hancock Multifactor Emerging Markets ETF 6.7 49 16 7.4 -7.2
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 6.7 32 33 7.3 -7.3
EMC Global X Emerging Markets Great Consumer ETF 6.6 75 -10 6.9 -7.6
GMF SPDR S&P Emerging Asia Pacific ETF 6.6 49 16 8.4 -6.1
AIA iShares Asia 50 ETF 6.6 50 15 7.4 -7.2
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 6.6 15 50 8.6 -6.0
FLAX Franklin FTSE Asia Ex Japan ETF 6.5 19 46 7.0 -7.6
EEMA iShares MSCI Emerging Markets Asia ETF 6.4 49 16 7.4 -7.2
MOTO SmartETFs Smart Transportation & Technology ETF 6.4 68 -3 5.4 -9.2
SDG iShares MSCI Global Sustainable Development Goals ETF 6.3 49 16 4.6 -10.0
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 6.0 15 50 7.8 -6.8
ETEC iShares Breakthrough Environmental Solutions ETF 5.8 47 18 2.9 -11.7
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 5.7 66 -1 7.1 -7.5
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 5.7 65 0 6.1 -8.5
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 5.7 36 29 7.4 -7.2
VWO Vanguard FTSE Emerging Markets ETF 5.6 7 58 9.0 -5.6
SCHE Schwab Emerging Markets Equity ETF 5.6 11 54 9.3 -5.3
BKEM BNY Mellon Emerging Markets Equity ETF 5.6 11 54 7.8 -6.8
SMOG VanEck Low Carbon Energy ETF 5.5 61 4 1.3 -13.3
EBIZ Global X E-Commerce ETF 5.4 50 15 4.6 -9.9
ECOW Pacer Emerging Markets Cash Cows 100 ETF 5.3 70 -5 9.4 -5.2
AAXJ iShares MSCI All Country Asia ex Japan ETF 5.3 70 -5 6.7 -7.9
SPEM SPDR Portfolio Emerging Markets ETF 5.3 7 58 9.3 -5.3
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 5.0 30 35 7.7 -6.8
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 5.0 45 20 7.8 -6.7
ECON Columbia Emerging Markets Consumer ETF 5.0 49 16 6.4 -8.2
EEMO Invesco S&P Emerging Markets Momentum ETF 4.9 29 36 6.3 -8.3
MEM Matthews Emerging Markets Equity Active ETF 4.9 79 -14 8.3 -6.3
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 4.8 39 26 13.6 -0.9
EEM iShares MSCI Emerging Markets ETF 4.8 69 -4 7.6 -7.0
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 4.8 69 -4 7.3 -7.3
ESGE iShares ESG Aware MSCI EM ETF 4.7 25 40 8.1 -6.5
OND ProShares On-Demand ETF 4.6 58 7 0.5 -14.1
FDEM Fidelity Emerging Markets Multifactor ETF 4.6 25 40 10.3 -4.3
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 4.6 33 32 6.5 -8.1
MOTG VanEck Morningstar Global Wide Moat ETF 4.5 52 13 7.9 -6.7
IEMG iShares Core MSCI Emerging Markets ETF 4.2 9 56 8.0 -6.6
DEHP Dimensional Emerging Markets High Profitability ETF 4.2 41 24 4.7 -9.9
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 4.2 41 24 6.8 -7.8
IBUY Amplify Online Retail ETF 4.1 65 0 2.2 -12.4
TTAI FCF International Quality ETF 4.1 59 6 6.9 -7.7
IPKW Invesco International BuyBack Achievers ETF 4.0 55 10 8.1 -6.5
CLNR IQ Cleaner Transport ETF 4.0 45 20 3.9 -10.6
AVSE Avantis Responsible Emerging Markets Equity ETF 3.9 33 32 6.4 -8.2
DSTX Distillate International Fundamental Stability & Value ETF 3.9 55 10 6.5 -8.1
EMMF WisdomTree Emerging Markets Multifactor Fund 3.9 48 17 8.4 -6.2
EMGF iShares Emerging Markets Equity Factor ETF 3.8 25 40 8.7 -5.9
DFAE Dimensional Emerging Core Equity Market ETF 3.7 35 30 6.8 -7.8
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 3.6 95 -30 9.8 -4.8
DFEM Dimensional Emerging Markets Core Equity 2 ETF 3.5 38 27 6.8 -7.7
MINV Matthews Asia Innovators Active ETF 3.5 79 -14 5.0 -9.6
OGIG ALPS O'Shares Global Internet Giants ETF 3.4 48 17 2.5 -12.1
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 3.4 30 35 7.5 -7.1
TIIV AAM Todd International Intrinsic Value ETF 3.3 54 11 9.5 -5.0
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 3.3 59 6 8.3 -6.2
LIT Global X Lithium & Battery Tech ETF 3.3 75 -10 5.5 -9.1
ADIV SmartETFs Asia Pacific Dividend Builder ETF 3.2 78 -13 9.5 -5.0
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 3.2 88 -23 7.9 -6.7
AVEM Avantis Emerging Markets Equity ETF 3.2 33 32 6.9 -7.7
VICE AdvisorShares Vice ETF 3.2 99 -34 5.7 -8.9
EMXF iShares ESG Advanced MSCI EM ETF 3.1 16 49 6.5 -8.1
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 3.0 55 10 6.3 -8.3
NUEM Nuveen ESG Emerging Markets Equity ETF 3.0 36 29 5.9 -8.7
UEVM VictoryShares Emerging Markets Value Momentum ETF 3.0 45 20 9.7 -4.9
DRIV Global X Autonomous & Electric Vehicles ETF 2.9 68 -3 3.2 -11.4
DINT Davis Select International ETF 2.9 55 10 6.0 -8.6
BOTT Themes Robotics & Automation ETF 2.8 35 30 -4.4 -18.9
ROAM Hartford Multifactor Emerging Markets ETF 2.7 44 21 7.5 -7.1
ABLG Abacus FCF International Leaders ETF 2.7 59 6 6.4 -8.2
DIVS SmartETFs Dividend Builder ETF 2.7 65 0 4.4 -10.2
RNEM First Trust Emerging Markets Equity Select ETF 2.7 75 -10 7.9 -6.6
ONLN ProShares Online Retail ETF 2.6 58 7 1.3 -13.3
ISHP First Trust Nasdaq Retail ETF 2.6 60 5 5.4 -9.2
DFEV Dimensional Emerging Markets Value ETF 2.5 43 22 9.2 -5.4
PBD Invesco Global Clean Energy ETF 2.5 75 -10 0.3 -14.3
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 2.4 80 -15 7.2 -7.4
AVES Avantis Emerging Markets Value ETF 2.4 36 29 8.8 -5.7
EVLU iShares MSCI Emerging Markets Value Factor ETF 2.3 35 30 10.0 -4.6
BEDZ AdvisorShares Hotel ETF 2.3 100 -35 5.0 -9.6
EATZ AdvisorShares Restaurant ETF 2.3 101 -36 5.0 -9.6
TMFG Motley Fool Global Opportunities ETF 2.2 85 -20 3.7 -10.9
GINN Goldman Sachs Innovate Equity ETF 2.2 52 13 3.7 -10.9
CDIG City Different Investments Global Equity ETF 2.2 75 -10 -1.6 -16.2
ANEW ProShares MSCI Transformational Changes ETF 2.1 45 20 4.3 -10.3
VSGX Vanguard ESG International Stock ETF 2.0 10 55 6.4 -8.2
FDCF Fidelity Disruptive Communications ETF 2.0 50 15 1.8 -12.8
CARZ First Trust NASDAQ Global Auto Index Fund 2.0 70 -5 2.3 -12.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 2.0 41 24 5.8 -8.8
SDEM Global X MSCI SuperDividend Emerging Markets ETF 2.0 67 -2 12.4 -2.1
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.9 18 47 6.3 -8.3
DWLD Davis Select Worldwide ETF 1.8 63 2 6.7 -7.9
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.8 47 18 7.1 -7.5
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 1.7 42 23 3.9 -10.6
JIG JPMorgan International Growth ETF 1.7 55 10 3.5 -11.0
VEU Vanguard FTSE All-World ex-US Index Fund 1.7 4 61 6.6 -8.0
FBOT Fidelity Disruptive Automation ETF 1.7 50 15 2.9 -11.7
IQDF FlexShares International Quality Dividend Index Fund 1.7 47 18 7.4 -7.2
ACWX iShares MSCI ACWI ex U.S. ETF 1.6 34 31 6.3 -8.3
CWI SPDR MSCI ACWI ex-US ETF 1.6 30 35 6.3 -8.3
VXUS Vanguard Total International Stock ETF 1.6 5 60 6.5 -8.1
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.6 58 7 3.0 -11.6
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 1.5 60 5 6.7 -7.9
EV Mast Global Battery Recycling & Production ETF 1.5 65 0 6.4 -8.2
BUYZ Franklin Disruptive Commerce ETF 1.5 50 15 2.4 -12.2
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 1.4 57 8 2.3 -12.3
AOTS AOT Software Platform ETF 1.4 49 16 4.7 -9.9
IXUS iShares Core MSCI Total International Stock ETF 1.4 7 58 6.5 -8.1
METV Roundhill Ball Metaverse ETF 1.4 59 6 7.7 -6.9
UMMA Wahed Dow Jones Islamic World ETF 1.4 65 0 3.4 -11.2
FID First Trust S&P International Dividend Aristocrats ETF 1.4 60 5 7.8 -6.8
AIVC Amplify Bloomberg AI Value Chain ETF 1.4 59 6 3.4 -11.2
FEOE First Eagle Overseas Equity ETF 1.3 79 -14 6.1 -8.5
WDIV SPDR S&P Global Dividend ETF 1.2 40 25 9.1 -5.5
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 1.1 90 -25 3.5 -11.1
QNXT iShares Nasdaq-100 ex Top 30 ETF 1.1 20 45 4.0 -10.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.1 30 35 6.4 -8.2
KLMT Invesco MSCI Global Climate 500 ETF 1.1 10 55 4.9 -9.7
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 1.1 50 15 8.2 -6.4
FDTX Fidelity Disruptive Technology ETF 1.0 50 15 1.5 -13.1
AWAY ETFMG Travel Tech ETF 1.0 76 -11 1.0 -13.6
IPOS Renaissance International IPO ETF 1.0 80 -15 0.0 -14.6
CNYA iShares MSCI China A ETF 1.0 60 5 6.3 -8.3
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 1.0 44 21 9.5 -5.1
FRGN Horizon International Equity ETF 0.9 75 -10 7.7 -6.9
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.9 35 30 3.3 -11.3
FEGE First Eagle Global Equity ETF 0.9 79 -14 6.1 -8.5
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 0.9 40 25 6.2 -8.4
CZA Invesco Zacks Mid-Cap ETF 0.8 72 -7 5.7 -8.9
XT iShares Exponential Technologies ETF 0.8 46 19 3.8 -10.8
FDLS Inspire Fidelis Multi Factor ETF 0.8 76 -11 3.1 -11.5
JGLO JPMorgan Global Select Equity ETF 0.8 33 32 4.2 -10.3
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 0.8 65 0 4.2 -10.4
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.8 80 -15 6.9 -7.7
JSTC Adasina Social Justice All Cap Global ETF 0.7 89 -24 4.2 -10.4
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.7 15 50 5.0 -9.6
FCA First Trust China AlphaDEX Fund 0.7 80 -15 8.6 -6.0
APIE ActivePassive International Equity ETF 0.7 45 20 6.3 -8.3
GVAL Cambria Global Value ETF 0.7 68 -3 8.5 -6.1
VYMI Vanguard International High Dividend Yield ETF 0.6 17 48 7.9 -6.7
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.6 42 23 7.6 -7.0
WRND IQ Global Equity R&D Leaders ETF 0.6 18 47 4.0 -10.6
ACWI iShares MSCI ACWI ETF 0.6 32 33 4.6 -10.0
VT Vanguard Total World Stock ETF 0.6 6 59 4.9 -9.6
FEM First Trust Emerging Markets AlphaDEX Fund 0.6 80 -15 8.8 -5.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.5 9 56 4.8 -9.8
WWJD Inspire International ETF 0.5 80 -15 6.4 -8.2
QQQ Invesco QQQ Trust Series I 0.5 20 45 3.1 -11.5
QQQM Invesco NASDAQ 100 ETF 0.5 15 50 3.2 -11.4
IBAT iShares Energy Storage & Materials ETF 0.5 47 18 1.6 -13.0
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.5 20 45 4.7 -9.9
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.5 4 61 5.5 -9.0
AIQ Global X Artificial Intelligence & Technology ETF 0.4 68 -3 2.7 -11.9
GEW Cambria Global EW ETF 0.4 29 36 5.3 -9.2
GLOF iShares Global Equity Factor ETF 0.4 20 45 5.5 -9.1
DEM WisdomTree Emerging Markets High Dividend Fund 0.4 63 2 10.2 -4.4
GCOW Pacer Global Cash Cows Dividend ETF 0.4 60 5 9.6 -5.0
PATN Pacer Nasdaq International Patent Leaders ETF 0.4 65 0 3.9 -10.7
IGRO iShares International Dividend Growth ETF 0.4 15 50 6.6 -7.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.3 12 53 4.4 -10.2
JETS U.S. Global Jets ETF 0.3 60 5 2.2 -12.4
QQMG Invesco ESG NASDAQ 100 ETF 0.3 20 45 3.1 -11.5
AQLT iShares MSCI Global Quality Factor ETF 0.3 18 47 0.0 -14.6
TRFM AAM Transformers ETF 0.3 49 16 0.9 -13.7
BLES Inspire Global Hope ETF 0.3 61 4 5.7 -8.9
QQWZ Pacer Cash COWZ 100-Nasdaq100 Rotator ETF 0.2 49 16 7.2 -7.4
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.2 49 16 6.1 -8.5
ACWV iShares MSCI Global Min Vol Factor ETF 0.2 20 45 5.7 -8.9
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.2 58 7 3.5 -11.1
PNQI Invesco NASDAQ Internet ETF 0.2 60 5 3.8 -10.7
ONEQ Fidelity Nasdaq Composite Index ETF 0.2 21 44 2.9 -11.7
CIL VictoryShares International Volatility Wtd ETF 0.2 45 20 5.9 -8.7
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 0.1 25 40 5.9 -8.6
FNDC Schwab Fundamental International Small Co. Index ETF 0.1 39 26 6.8 -7.8
FDEV Fidelity International Multifactor ETF 0.1 18 47 7.3 -7.3
DGT State Street SPDR Global Dow ETF 0.1 50 15 5.6 -8.9
INTF iShares International Equity Factor ETF 0.1 15 50 6.5 -8.1
THRO iShares U.S. Thematic Rotation Active ETF 0.1 90 -25 3.1 -11.5
GSID Goldman Sachs MarketBeta International Equity ETF 0.1 20 45 5.8 -8.8
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.1 25 40 5.4 -9.2
INEQ Columbia International Equity Income ETF 0.1 45 20 7.9 -6.7
BKIE BNY Mellon International Equity ETF 0.1 4 61 5.9 -8.7
IDMO Invesco S&P International Developed Momentum ETF 0.1 25 40 5.1 -9.4
VPL Vanguard FTSE Pacific ETF 0.1 7 58 5.1 -9.5
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 8 57 6.3 -8.2
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 54 4.1 -10.5
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.0 24 41 6.9 -7.7
SCHF Schwab International Equity ETF 0.0 6 59 5.8 -8.7
IMFL Invesco International Developed Dynamic Multifactor ETF 0.0 34 31 5.1 -9.5
VEA Vanguard FTSE Developed Markets ETF 0.0 3 62 5.9 -8.7
DEW WisdomTree Global High Dividend Fund 0.0 58 7 7.1 -7.4
HFXI IQ FTSE International Equity Currency Neutral ETF 0.0 20 45 5.5 -9.1
IQSI IQ Candriam International Equity ETF 0.0 15 50 5.5 -9.1
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 26 6.2 -8.4
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.0 35 30 5.6 -9.0
WSGE Warren Street Global Equity ETF 0.0 80 -15 2.8 -11.8
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 62 5.8 -8.8
AVSD Avantis Responsible International Equity ETF 0.0 23 42 5.9 -8.7

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

  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 0.9 x
Less: Expense ratio 65 bp
Equals: ALTAR Score 14.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.46 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.