Global X DAX Germany ETF
ALTAR
Score™		 6.9% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 16.2x P/Sales
ratio		 1.4x
P/BV
ratio		 1.9x Div.
yield		 2.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Global X DAX Germany ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to provide investment results that will closely correspond to the DAX? Index using a quarterly rebalance frequency and weighting the securities by market cap. The underlying index holds 30 German blue chip stocks that are traded on the Frankfurt Stock Exchange.

FUND BASICS
Category International Equities
Fund Sponsor Global X Management Co LLC
Website www.globalxfunds.com
Inception date Oct 22, 2014
Assets (mns) $264
Currency USD
Expense ratio 21 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
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) $116,911
Large cap (>$10bn) 99.2%
Mid cap ($2-10bn) 0.5%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
SAP AG 12.8 %
SIEMENS AG-REG 10.4 %
ALLIANZ SE-REG 8.5 %
EADS NV 7.3 %
DEUTSCHE TELEKOM AG 5.7 %
RHEINMETALL AG 4.8 %
SIEMENS ENERGY AG 4.7 %
MUENCHENER RUECKVER AG-REG 4.3 %
DEUTSCHE BANK AG-REGISTERED 3.7 %
INFINEON TECHNOLOGIES AG 2.8 %
Total 64.8 %

TOP COUNTRY EXPOSURE
GERMANY 92.0 %
NETHERLANDS 7.8 %









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.
33.7% 32.4% 14.5% 8.1% 7.5%

Market Correlations
versus... Beta R-squared
S&P500 0.90 42%
MSCI EAFE 0.97 64%
MSCI Emg. Mkts. 0.84 56%

Technical Indicators
Recent close $42.62
30d moving avg. $44.61
Annualized volatility 17.9%
Short interest (ETF) 0.8%
Relative strength (RSI) 48

Liquidity measures
Avg. volume (thou.) 42
Turnover 0.7%
Bid/Ask (% of price) 0.28%
ADV underlying (mns) $2,242

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 306 potential alternatives to the Global X DAX Germany ETF ETF based on the alternatives' overlap in portfolio holdings with DAX. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: DAX Expense: 21 bp ALTAR Score™: 6.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH DAX
Ticker Fund
Name		 Overlap1
vs DAX
(%)		 Expense
ratio
(bp)		 Savings
vs DAX
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs DAX
(%)
EWG iShares MSCI Germany ETF 89.8 50 -29 6.4 -0.4
FLGR Franklin FTSE Germany ETF 79.5 9 12 7.2 +0.4
FGM First Trust Germany AlphaDEX Fund 31.7 80 -59 7.0 +0.1
FEZ SPDR EURO STOXX 50 ETF 28.7 29 -8 6.5 -0.4
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 27.3 45 -24 6.8 -0.1
EZU iShares MSCI Eurozone ETF 24.9 52 -31 6.5 -0.3
HEDJ WisdomTree Europe Hedged Equity Fund 23.0 58 -37 6.6 -0.3
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 15.1 25 -4 7.2 +0.4
DBEU Xtrackers MSCI Europe Hedged Equity ETF 15.1 46 -25 6.6 -0.3
IDMO Invesco S&P International Developed Momentum ETF 15.1 25 -4 5.9 -0.9
BBEU JPMorgan BetaBuilders Europe ETF 14.7 9 12 7.1 +0.3
DTAN Sparkline International Intangible Value ETF 14.4 55 -34 8.2 +1.4
IMTM iShares MSCI Intl Momentum Factor ETF 14.3 30 -9 5.6 -1.3
IEV iShares Europe ETF 13.7 67 -46 6.7 -0.2
EUFN iShares MSCI Europe Financials ETF 13.2 51 -30 8.0 +1.2
FLEE Franklin FTSE Europe ETF 13.1 9 12 7.1 +0.3
CLNR IQ Cleaner Transport ETF 12.9 45 -24 5.0 -1.8
OSEA Harbor International Compounders ETF 12.8 55 -34 4.9 -1.9
FEUZ First Trust Eurozone AlphaDEX ETF 12.7 80 -59 7.8 +1.0
IEUR iShares Core MSCI Europe ETF 12.1 11 10 7.2 +0.3
VGK Vanguard FTSE Europe ETF 12.0 6 15 7.4 +0.5
MOTO SmartETFs Smart Transportation & Technology ETF 11.9 68 -47 6.8 -0.1
SPEU SPDR Portfolio Europe ETF 11.7 7 14 7.3 +0.4
FIVA Fidelity International Value Factor ETF 11.5 18 3 9.4 +2.6
FENI Fidelity Enhanced International ETF 10.7 28 -7 6.3 -0.6
JIRE JPMorgan International Research Enhanced Equity ETF 10.4 24 -3 7.0 +0.2
IVLU iShares MSCI Intl Value Factor ETF 10.3 30 -9 9.8 +3.0
UIVM VictoryShares International Value Momentum ETF 10.3 35 -14 8.5 +1.6
JHID John Hancock International High Dividend ETF 10.3 46 -25 8.7 +1.9
INEQ Columbia International Equity Income ETF 10.0 45 -24 7.7 +0.9
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 10.0 36 -15 6.4 -0.5
DIVI Franklin International Core Dividend Tilt Index ETF 9.7 9 12 7.8 +0.9
HFXI IQ FTSE International Equity Currency Neutral ETF 9.7 20 1 6.7 -0.2
OCEN IQ Clean Oceans ETF 9.7 45 -24 5.1 -1.7
AVIV Avantis International Large Cap Value ETF 9.4 25 -4 8.4 +1.5
IQSI IQ Candriam International Equity ETF 9.3 15 6 6.4 -0.5
GSID Goldman Sachs MarketBeta International Equity ETF 9.2 20 1 6.7 -0.2
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 9.2 20 1 6.3 -0.6
STXI Strive International Developed Markets ETF 9.1 29 -8 6.5 -0.4
CEFA Global X S&P Catholic Values Developed ex-US ETF 9.1 35 -14 6.4 -0.5
SHPP Pacer Industrials and Logistics ETF 9.0 60 -39 8.5 +1.6
JHMD John Hancock Multifactor Developed International ETF 9.0 39 -18 7.4 +0.5
GSIE Goldman Sachs ActiveBeta International Equity ETF 9.0 25 -4 7.0 +0.2
EFV iShares MSCI EAFE Value ETF 9.0 34 -13 8.8 +1.9
EUDG WisdomTree Europe Quality Dividend Growth Fund 9.0 58 -37 6.7 -0.2
EFA iShares MSCI EAFE ETF 8.8 35 -14 6.5 -0.3
IDOG ALPS International Sector Dividend Dogs ETF 8.8 50 -29 11.7 +4.8
EFG iShares MSCI EAFE Growth ETF 8.6 36 -15 4.3 -2.5
WRND IQ Global Equity R&D Leaders ETF 8.5 18 3 7.7 +0.9
DWMF WisdomTree International Multifactor Fund 8.5 38 -17 7.1 +0.2
ESGD iShares ESG Aware MSCI EAFE ETF 8.5 20 1 6.6 -0.3
CGIE Capital Group International Equity ETF 8.5 54 -33 5.0 -1.8
NUDM Nuveen ESG International Developed Markets Equity ETF 8.3 31 -10 6.1 -0.8
PATN Pacer Nasdaq International Patent Leaders ETF 8.3 65 -44 5.5 -1.4
BKIE BNY Mellon International Equity ETF 8.3 4 17 6.8 -0.1
LVHI Franklin International Low Volatility High Dividend Index ET 8.2 40 -19 9.7 +2.8
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 8.2 20 1 6.2 -0.6
DOL WisdomTree International LargeCap Dividend Fund 8.1 48 -27 7.0 +0.2
CGXU Capital Group International Focus Equity ETF 7.9 54 -33 5.6 -1.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 7.9 45 -24 8.6 +1.7
DFIV Dimensional International Value ETF 7.7 27 -6 9.1 +2.2
FEP First Trust Europe AlphaDEX Fund 7.6 80 -59 8.3 +1.4
LEGR First Trust Indxx Innovative Transaction & Process ETF 7.6 65 -44 8.2 +1.4
BKCI BNY Mellon Concentrated International ETF 7.5 80 -59 5.2 -1.6
PCGG Polen Capital Global Growth ETF 7.5 85 -64 4.2 -2.7
IEFA iShares Core MSCI EAFE ETF 7.5 7 14 6.9 +0.0
IMOM Alpha Architect International Quantitative Momentum ETF 7.5 49 -28 4.7 -2.2
QINT American Century Quality Diversified International ETF 7.0 39 -18 6.9 +0.1
CIL VictoryShares International Volatility Wtd ETF 6.9 45 -24 6.5 -0.4
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 6.9 9 12 8.9 +2.0
FNDF Schwab Fundamental International Large Co. Index ETF 6.9 25 -4 9.2 +2.3
FICS First Trust International Developed Capital Strength ETF 6.9 70 -49 7.5 +0.6
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 6.8 47 -26 5.7 -1.1
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 6.8 32 -11 6.0 -0.8
DIHP Dimensional International High Profitability ETF 6.7 29 -8 6.8 -0.1
UMMA Wahed Dow Jones Islamic World ETF 6.7 65 -44 4.9 -2.0
SCHF Schwab International Equity ETF 6.7 6 15 7.0 +0.1
IQDG WisdomTree International Quality Dividend Growth Fund 6.7 42 -21 6.7 -0.2
IDEV iShares Core MSCI International Developed Markets ETF 6.6 4 17 6.9 0.0
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 6.6 58 -37 6.5 -0.4
AVSD Avantis Responsible International Equity ETF 6.6 23 -2 5.2 -1.7
VWID Virtus WMC International Dividend ETF 6.5 49 -28 8.1 +1.2
DFAI Dimensional International Core Equity Market ETF 6.5 18 3 6.9 +0.1
ICOW Pacer Developed Markets International Cash Cows 100 ETF 6.5 65 -44 10.4 +3.5
DMXF iShares ESG Advanced MSCI EAFE ETF 6.5 12 9 5.4 -1.5
AVDE Avantis International Equity ETF 6.5 23 -2 7.2 +0.3
RFEU First Trust Riverfront Dynamic Europe ETF 6.4 83 -62 10.2 +3.3
VEA Vanguard FTSE Developed Markets ETF 6.3 3 18 7.0 +0.1
IQLT iShares MSCI Intl Quality Factor ETF 6.3 30 -9 6.3 -0.6
QEFA SPDR MSCI EAFE StrategicFactors ETF 6.3 30 -9 6.9 +0.1
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 6.2 12 9 6.0 -0.9
WBAT WisdomTree Battery Value Chain and Innovation Fund 6.2 45 -24 1.4 -5.5
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 6.2 41 -20 7.2 +0.3
FIDI Fidelity International High Dividend ETF 6.2 18 3 8.3 +1.4
RFDI First Trust Riverfront Dynamic Developed International ETF 6.2 83 -62 9.1 +2.3
PRNT 3D Printing ETF 6.2 66 -45 2.0 -4.9
SPDW SPDR Portfolio Developed World ex-US ETF 6.1 3 18 6.8 -0.1
PPIE Putnam PanAgora ESG International Equity ETF 6.1 49 -28 7.2 +0.4
DWM WisdomTree International Equity Fund 6.0 48 -27 7.2 +0.4
INTF iShares International Equity Factor ETF 6.0 15 6 7.5 +0.6
DFIC Dimensional International Core Equity 2 ETF 6.0 23 -2 7.3 +0.4
IMFL Invesco International Developed Dynamic Multifactor ETF 5.9 34 -13 5.7 -1.1
GDFN Tema International Defense Innov ETF 5.9 75 -54 3.3 -3.5
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 5.9 40 -19 7.2 +0.3
DFSI Dimensional International Sustainability Core 1 ETF 5.9 24 -3 6.3 -0.6
GXUS Goldman Sachs MarketBeta Total International Equity ETF 5.8 18 3 7.4 +0.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 5.7 39 -18 7.8 +0.9
FDD First Trust Stoxx European Select Dividend Index Fund 5.7 58 -37 11.5 +4.6
TPIF Timothy Plan International ETF 5.5 62 -41 6.2 -0.7
CWI SPDR MSCI ACWI ex-US ETF 5.4 30 -9 7.5 +0.6
WWJD Inspire International ETF 5.4 80 -59 7.2 +0.3
ACWX iShares MSCI ACWI ex U.S. ETF 5.4 34 -13 7.4 +0.6
NATO Themes Transatlantic Defense ETF 5.4 35 -14 2.4 -4.5
FPXE First Trust IPOX Europe Equity Opportunities ETF 5.3 70 -49 4.1 -2.8
EXI iShares Global Industrials ETF 5.2 42 -21 4.5 -2.4
DXIV Dimensional International Vector Equity ETF 5.0 34 -13 7.7 +0.8
IDHQ Invesco S&P International Developed High Quality ETF 4.9 29 -8 6.5 -0.3
VEU Vanguard FTSE All-World ex-US Index Fund 4.9 4 17 7.8 +0.9
JGLO JPMorgan Global Select Equity ETF 4.9 33 -12 5.1 -1.8
NETZ TCW Transform Systems ETF 4.8 75 -54 2.7 -4.2
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 4.8 14 7 6.1 -0.8
JIVE JPMorgan International Value ETF 4.8 55 -34 11.0 +4.2
SHLD Global X Defense Tech ETF 4.8 50 -29 3.3 -3.6
VYMI Vanguard International High Dividend Yield ETF 4.7 17 4 9.2 +2.4
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 4.7 58 -37 4.5 -2.4
FPXI First Trust International Equity Opportunities ETF 4.7 70 -49 4.4 -2.5
VSGX Vanguard ESG International Stock ETF 4.7 10 11 7.6 +0.8
IXUS iShares Core MSCI Total International Stock ETF 4.6 7 14 7.6 +0.8
OAIM OneAscent International Equity ETF 4.6 95 -74 5.5 -1.3
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 4.6 39 -18 6.5 -0.4
VIGI Vanguard International Dividend Appreciation ETF 4.6 10 11 6.5 -0.3
VXUS Vanguard Total International Stock ETF 4.6 5 16 7.7 +0.9
KOCG FIS Knights of Columbus Global Belief ETF 4.5 75 -54 4.8 -2.0
KNO AXS Knowledge Leaders ETF 4.4 78 -57 5.9 -1.0
RODM Hartford Multifactor Developed Markets (ex-US) ETF 4.4 29 -8 7.7 +0.8
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 4.3 80 -59 6.1 -0.7
CLOD Themes Cloud Computing ETF 4.3 35 -14 3.7 -3.2
FAN First Trust Global Wind Energy ETF 4.2 60 -39 4.2 -2.7
POW VistaShares Electrification Supercycle ETF 4.1 75 -54 3.6 -3.3
IDV iShares International Select Dividend ETF 4.0 51 -30 10.2 +3.3
IPKW Invesco International BuyBack Achievers ETF 4.0 55 -34 9.1 +2.3
FTAG First Trust Indxx Global Agriculture ETF 4.0 70 -49 8.5 +1.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 3.9 30 -9 7.6 +0.8
RAYD Rayliant Quantitative Developed Market Equity ETF 3.9 80 -59 4.5 -2.3
ETEC iShares Breakthrough Environmental Solutions ETF 3.8 47 -26 3.7 -3.2
EFAV iShares MSCI EAFE Min Vol Factor ETF 3.8 22 -1 6.0 -0.9
DGT State Street SPDR Global Dow ETF 3.8 50 -29 6.7 -0.2
IGRO iShares International Dividend Growth ETF 3.8 15 6 7.1 +0.3
MOTI VanEck Morningstar International Moat ETF 3.7 58 -37 11.0 +4.1
BOUT Innovator IBD Breakout Opportunities ETF 3.7 81 -60 0.8 -6.0
FBOT Fidelity Disruptive Automation ETF 3.7 50 -29 3.6 -3.3
GSIB Themes Global Systemically Important Banks ETF 3.6 35 -14 9.4 +2.5
JXI iShares Global Utilities ETF 3.5 43 -22 5.6 -1.3
DTH WisdomTree International High Dividend Fund 3.5 58 -37 8.1 +1.3
MXI iShares Global Materials ETF 3.5 41 -20 7.3 +0.5
DSTX Distillate International Fundamental Stability & Value ETF 3.5 55 -34 7.7 +0.9
JIG JPMorgan International Growth ETF 3.4 55 -34 4.8 -2.1
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 3.3 80 -59 4.4 -2.5
AIVI WisdomTree International AI Enhanced Value Fund 3.3 58 -37 7.0 +0.1
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 3.2 24 -3 7.3 +0.5
BINV Brandes International ETF 3.2 70 -49 9.2 +2.4
IXG iShares Global Financials ETF 3.1 42 -21 6.8 -0.1
FDTX Fidelity Disruptive Technology ETF 3.1 50 -29 2.7 -4.2
BLLD JPMorgan Sustainable Infrastructure ETF 3.0 49 -28 5.9 -0.9
RODE Hartford Multifactor Diversified International ETF 3.0 29 -8 10.3 +3.5
FDEV Fidelity International Multifactor ETF 3.0 18 3 7.6 +0.7
BLES Inspire Global Hope ETF 3.0 61 -40 7.0 +0.1
SCHY Schwab International Dividend Equity ETF 3.0 14 7 9.4 +2.6
EUDV ProShares MSCI Europe Dividend Growers ETF 3.0 55 -34 6.3 -0.6
FGD First Trust Dow Jones Global Select Dividend Index Fund 2.9 56 -35 10.6 +3.7
IVAL Alpha Architect International Quantitative Value ETF 2.9 49 -28 10.6 +3.8
IOO iShares Global 100 ETF 2.9 41 -20 4.6 -2.3
TEMP JPMorgan Climate Change Solutions ETF 2.8 49 -28 5.6 -1.2
ESGG FlexShares STOXX Global ESG Select Index Fund 2.8 42 -21 5.4 -1.5
ICPY Tweedy, Browne International Insider Value ETF 2.8 80 -59 0.0 -6.9
FDRV Fidelity Electric Vehicles and Future Transportation ETF 2.8 39 -18 -1.3 -8.2
GSFP Goldman Sachs Future Planet Equity ETF 2.8 75 -54 4.2 -2.7
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 2.8 79 -58 5.1 -1.7
MOTG VanEck Morningstar Global Wide Moat ETF 2.7 52 -31 9.0 +2.2
KOKU Xtrackers MSCI Kokusai Equity ETF 2.7 9 12 5.2 -1.7
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 2.6 25 -4 6.0 -0.8
AIQ Global X Artificial Intelligence & Technology ETF 2.6 68 -47 3.8 -3.1
RCGE RockCreek Global Equality ETF 2.6 95 -74 6.8 -0.0
GINN Goldman Sachs Innovate Equity ETF 2.5 52 -31 3.8 -3.1
JPIN J.P. Morgan Diversified Return International Equity ETF 2.5 37 -16 8.0 +1.1
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 2.4 60 -39 4.0 -2.9
RXI iShares Global Consumer Discretionary ETF 2.4 41 -20 8.6 +1.7
XT iShares Exponential Technologies ETF 2.4 46 -25 4.7 -2.1
IXP iShares Global Comm Services ETF 2.4 42 -21 6.0 -0.9
GCOW Pacer Global Cash Cows Dividend ETF 2.4 60 -39 10.4 +3.6
IDLV Invesco S&P International Developed Low Volatility ETF 2.3 25 -4 6.6 -0.2
DRIV Global X Autonomous & Electric Vehicles ETF 2.3 68 -47 4.8 -2.1
IBAT iShares Energy Storage & Materials ETF 2.3 47 -26 2.7 -4.2
DIVS SmartETFs Dividend Builder ETF 2.3 65 -44 5.1 -1.8
INFL Horizon Kinetics Inflation Beneficiaries ETF 2.3 85 -64 3.7 -3.1
BCDF Horizon Kinetics Blockchain Development ETF 2.3 85 -64 3.8 -3.0
HART IQ Healthy Hearts ETF 2.3 45 -24 6.4 -0.5
TOK iShares MSCI Kokusai ETF 2.3 26 -5 5.1 -1.8
QWLD SPDR MSCI World StrategicFactors ETF 2.3 30 -9 5.9 -1.0
KLMT Invesco MSCI Global Climate 500 ETF 2.3 10 11 5.7 -1.2
VCLN Virtus Duff & Phelps Clean Energy ETF 2.3 59 -38 4.1 -2.8
CGDG Capital Group Dividend Growers ETF 2.3 47 -26 6.1 -0.7
VIDI Vident International Equity Strategy ETF 2.2 61 -40 10.5 +3.7
URTH iShares MSCI World ETF 2.2 24 -3 5.1 -1.8
FDT First Trust Developed Markets ex-US AlphaDEX Fund 2.1 80 -59 8.7 +1.9
ITOL Tema International Durable Quality ETF 2.1 60 -39 0.0 -6.9
COPY Tweedy, Browne Insider + Value ETF 2.1 80 -59 12.1 +5.3
CARZ First Trust NASDAQ Global Auto Index Fund 2.1 70 -49 4.3 -2.5
FRNW Fidelity Clean Energy ETF 2.1 39 -18 2.3 -4.6
ROBO ROBO Global Robotics & Automation Index ETF 2.1 95 -74 3.4 -3.4
EFAD ProShares MSCI EAFE Dividend Growers ETF 2.0 50 -29 6.0 -0.8
IDRV iShares Self-driving EV & Tech ETF 2.0 47 -26 1.4 -5.5
ACWI iShares MSCI ACWI ETF 1.9 32 -11 5.5 -1.4
FEOE First Eagle Overseas Equity ETF 1.9 79 -58 7.2 +0.3
RGEF Rockefeller Global Equity ETF 1.9 55 -34 4.7 -2.2
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 1.9 75 -54 7.0 +0.1
IQDF FlexShares International Quality Dividend Index Fund 1.8 47 -26 8.5 +1.7
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.8 47 -26 8.0 +1.1
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 1.8 42 -21 6.4 -0.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.8 20 1 5.6 -1.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.7 9 12 5.6 -1.2
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 1.7 68 -47 4.5 -2.4
WDNA WisdomTree BioRevolution Fund 1.7 45 -24 -2.3 -9.2
VT Vanguard Total World Stock ETF 1.7 6 15 5.8 -1.0
HAP VanEck Natural Resources ETF 1.7 50 -29 9.0 +2.1
MOO VanEck Agribusiness ETF 1.7 53 -32 11.1 +4.2
KROP Global X AgTech & Food Innovation ETF 1.7 50 -29 7.0 +0.2
TTAI FCF International Quality ETF 1.6 59 -38 7.3 +0.4
FEGE First Eagle Global Equity ETF 1.6 79 -58 6.7 -0.2
IPAV Global X Infrastructure Development ex-U.S. ETF 1.6 55 -34 6.9 +0.1
IXN iShares Global Tech ETF 1.6 41 -20 3.5 -3.3
NXTG First Trust Indxx NextG ETF 1.5 70 -49 5.1 -1.7
DEW WisdomTree Global High Dividend Fund 1.4 58 -37 8.4 +1.6
DFIS Dimensional International Small Cap ETF 1.4 39 -18 7.2 +0.3
LST Leuthold Select Industries ETF 1.4 91 -70 5.4 -1.4
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.4 65 -44 2.1 -4.8
GEW Cambria Global EW ETF 1.4 29 -8 0.0 -6.9
HTEC ROBO Global Healthcare Technology and Innovation ETF 1.4 68 -47 2.3 -4.6
ACWV iShares MSCI Global Min Vol Factor ETF 1.3 20 1 6.0 -0.9
KNCT Invesco Next Gen Connectivity ETF 1.3 40 -19 4.7 -2.2
FID First Trust S&P International Dividend Aristocrats ETF 1.3 60 -39 7.7 +0.8
IQRA IQ CBRE Real Assets ETF 1.3 65 -44 5.8 -1.1
ANEW ProShares MSCI Transformational Changes ETF 1.3 45 -24 5.3 -1.5
IXJ iShares Global Healthcare ETF 1.3 42 -21 6.7 -0.1
JDOC JPMorgan Healthcare Leaders ETF 1.2 65 -44 3.9 -3.0
AGQI First Trust Active Global Quality Income ETF 1.2 85 -64 4.6 -2.2
CGGO Capital Group Global Growth Equity ETF 1.2 47 -26 4.3 -2.6
IGF iShares Global Infrastructure ETF 1.1 41 -20 4.6 -2.2
GII SPDR S&P Global Infrastructure ETF 1.1 40 -19 4.7 -2.2
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.1 10 11 6.8 -0.1
ERET iShares Environmentally Aware Real Estate ETF 1.1 30 -9 7.4 +0.5
IFGL iShares International Developed Real Estate ETF 1.1 48 -27 7.0 +0.2
SDG iShares MSCI Global Sustainable Development Goals ETF 1.1 49 -28 5.0 -1.8
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.1 12 9 8.4 +1.5
OGIG ALPS O'Shares Global Internet Giants ETF 1.1 48 -27 2.3 -4.5
WDIV SPDR S&P Global Dividend ETF 1.1 40 -19 9.0 +2.2
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.1 61 -40 2.3 -4.5
QTUM Defiance Quantum ETF 1.0 40 -19 5.5 -1.4
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.0 12 9 5.2 -1.7
DIM WisdomTree International MidCap Dividend Fund 1.0 58 -37 7.3 +0.4
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 0.9 65 -44 4.8 -2.1
GLOF iShares Global Equity Factor ETF 0.9 20 1 6.8 -0.1
FDRR Fidelity Dividend ETF for Rising Rates 0.9 15 6 7.0 +0.1
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 0.9 58 -37 8.7 +1.8
JSTC Adasina Social Justice All Cap Global ETF 0.9 89 -68 5.2 -1.7
FDHT Fidelity Digital Health ETF 0.9 39 -18 1.5 -5.3
MDEV First Trust Indxx Medical Devices ETF 0.9 70 -49 4.9 -2.0
ISCF iShares International SmallCap Equity Factor ETF 0.8 23 -2 8.3 +1.4
SUPL ProShares Supply Chain Logistics ETF 0.8 58 -37 10.6 +3.8
FDNI First Trust Dow Jones International Internet ETF 0.7 65 -44 22.7 +15.8
GLBL Pacer MSCI World Industry Advantage ETF 0.7 65 -44 4.3 -2.6
IQM Franklin Intelligent Machines ETF 0.7 50 -29 2.1 -4.7
CZAR Themes Natural Monopoly ETF 0.6 35 -14 5.7 -1.2
ISHP First Trust Nasdaq Retail ETF 0.6 60 -39 5.8 -1.1
KXI iShares Global Consumer Staples ETF 0.6 41 -20 5.9 -1.0
SYNB Putnam BioRevolution ETF 0.6 70 -49 2.5 -4.4
TMFG Motley Fool Global Opportunities ETF 0.6 85 -64 4.2 -2.7
WLDR Affinity World Leaders Equity ETF 0.5 67 -46 7.5 +0.6
SAGP Strategas Global Policy Opportunities ETF 0.5 65 -44 5.6 -1.2
AGNG Global X Aging Population ETF 0.5 50 -29 4.6 -2.3
BMED Future Health ETF 0.5 85 -64 0.3 -6.6
HELX Franklin Genomic Advancements ETF 0.5 50 -29 -0.4 -7.2
QLV FlexShares US Quality Low Volatility Index Fund 0.5 22 -1 5.8 -1.1
GNOM Global X Genomics & Biotechnology ETF 0.5 50 -29 -2.8 -9.7
AUSF Global X Adaptive U.S. Factor ETF 0.5 27 -6 9.3 +2.5
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.5 15 6 6.3 -0.6
APIE ActivePassive International Equity ETF 0.4 45 -24 7.3 +0.4
DISV Dimensional International Small Cap Value ETF 0.4 42 -21 9.1 +2.2
FINE Themes European Luxury ETF 0.3 35 -14 3.9 -3.0
IBUY Amplify Online Retail ETF 0.3 65 -44 2.8 -4.1
GINX SGI Enhanced Global Income ETF 0.3 98 -77 8.2 +1.3
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.3 4 17 6.2 -0.6
FNDC Schwab Fundamental International Small Co. Index ETF 0.2 39 -18 5.9 -1.0
REVS Columbia Research Enhanced Value ETF 0.2 19 2 8.0 +1.1
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 -28 7.0 +0.2
RECS Columbia Research Enhanced Core ETF 0.1 15 6 5.9 -1.0
RVRB Reverb ETF 0.1 30 -9 4.6 -2.2
FMDE Fidelity Enhanced Mid Cap ETF 0.1 23 -2 6.1 -0.7
FELV Fidelity Enhanced Large Cap Value ETF 0.1 18 3 6.9 +0.0
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 4 7.0 +0.2
CGUS Capital Group Core Equity ETF 0.0 33 -12 4.5 -2.4
CGDV Capital Group Dividend Value ETF 0.0 33 -12 4.7 -2.2
GVUS Marketbeta Russell 1000 Value Equity ETF 0.0 12 9 6.7 -0.2
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 10 5.0 -1.9
CGGR Capital Group Growth ETF 0.0 39 -18 3.5 -3.4
VSLU Applied Finance Valuation Large Cap ETF 0.0 49 -28 5.8 -1.1

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 DAX Germany ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.4 %
Divided by: Fwd. P/BV 1.8 x
Less: Expense ratio 21 bp
Equals: ALTAR Score 6.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.59 CATEGORY
AVERAGE		 1.64
 
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.