Global X DAX Germany ETF
ALTAR
Score™		 6.2% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 17.3x P/Sales
ratio		 1.4x
P/BV
ratio		 2.1x Div.
yield		 2.1%


  • 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) $245
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) $123,500
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
SIEMENS AG-REG 11.6 %
SAP AG 9.7 %
ALLIANZ SE-REG 8.3 %
SIEMENS ENERGY AG 7.2 %
AIRBUS GROUP SE 6.2 %
INFINEON TECHNOLOGIES AG 5.9 %
DEUTSCHE TELEKOM AG 5.7 %
MUENCHENER RUECKVER AG-REG 3.4 %
RHEINMETALL AG 3.3 %
DEUTSCHE BANK AG-REGISTERED 3.1 %
Total 64.5 %

TOP COUNTRY EXPOSURE
GERMANY 92.9 %
NETHERLANDS 6.6 %









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.
1.2% 6.2% 8.3% 9.2% 7.6%

Market Correlations
versus... Beta R-squared
S&P500 1.08 52%
MSCI EAFE 1.06 81%
MSCI Emg. Mkts. 0.66 55%

Technical Indicators
Recent close $44.73
30d moving avg. $45.26
Annualized volatility 16.1%
Short interest (ETF) 0.8%
Relative strength (RSI) 49

Liquidity measures
Avg. volume (thou.) 49
Turnover 0.9%
Bid/Ask (% of price) 0.55%
ADV underlying (mns) $2,242

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 298 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™: 6.2%


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
(%)
FLGR Franklin FTSE Germany ETF 89.2 9 12 6.6 +0.4
FEZ SPDR EURO STOXX 50 ETF 28.0 29 -8 5.8 -0.5
JIVE JPMorgan International Value ETF 26.4 55 -34 8.4 +2.2
FGM First Trust Germany AlphaDEX Fund 25.6 80 -59 4.9 -1.3
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 23.6 45 -24 5.6 -0.6
EZU iShares MSCI Eurozone ETF 22.9 52 -31 5.6 -0.6
HEZU iShares Currency Hedged MSCI Eurozone ETF 22.9 53 -32 5.5 -0.8
HEDJ WisdomTree Europe Hedged Equity Fund 20.2 58 -37 5.9 -0.3
CLNR IQ Cleaner Transport ETF 16.9 45 -24 3.9 -2.3
IDMO Invesco S&P International Developed Momentum ETF 15.1 25 -4 5.3 -0.9
DTAN Sparkline International Intangible Value ETF 14.8 55 -34 7.1 +0.9
OCEN IQ Clean Oceans ETF 14.5 45 -24 4.6 -1.6
BBEU JPMorgan BetaBuilders Europe ETF 14.2 9 12 6.2 +0.0
DBEU Xtrackers MSCI Europe Hedged Equity ETF 14.1 46 -25 5.5 -0.7
INEQ Columbia International Equity Income ETF 13.9 45 -24 7.9 +1.7
FLEE Franklin FTSE Europe ETF 13.5 9 12 6.3 +0.1
IEV iShares Europe ETF 12.6 67 -46 5.9 -0.3
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 12.6 25 -4 6.3 +0.1
JIRE JPMorgan International Research Enhanced Equity ETF 11.8 24 -3 5.9 -0.3
EUFN iShares MSCI Europe Financials ETF 11.7 51 -30 7.1 +0.9
VGK Vanguard FTSE Europe ETF 11.4 6 15 6.6 +0.4
MOTO SmartETFs Smart Transportation & Technology ETF 11.2 68 -47 5.2 -1.0
IEUR iShares Core MSCI Europe ETF 11.2 11 10 6.4 +0.2
SPEU SPDR Portfolio Europe ETF 10.9 7 14 6.5 +0.3
CGIE Capital Group International Equity ETF 10.5 54 -33 4.6 -1.6
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 10.5 79 -58 3.6 -2.6
DIVI Franklin International Core Dividend Tilt Index ETF 10.4 9 12 6.6 +0.4
SHPP Pacer Industrials and Logistics ETF 10.3 60 -39 6.6 +0.4
JHMD John Hancock Multifactor Developed International ETF 10.2 39 -18 6.2 +0.0
IVLU iShares MSCI Intl Value Factor ETF 9.9 30 -9 8.1 +1.9
EUDG WisdomTree Europe Quality Dividend Growth Fund 9.8 58 -37 6.4 +0.2
AGIX KraneShares Artificial Intelligence and Technology ETF 9.7 99 -78 1.0 -5.2
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 9.2 36 -15 5.4 -0.8
CEFA Global X S&P Catholic Values Developed ex-US ETF 9.0 35 -14 5.7 -0.5
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 8.8 58 -37 5.4 -0.8
IQDG WisdomTree International Quality Dividend Growth Fund 8.7 42 -21 5.8 -0.4
GSID Goldman Sachs MarketBeta International Equity ETF 8.7 20 1 5.9 -0.3
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 8.7 20 1 5.7 -0.5
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 8.7 9 12 7.8 +1.6
NUDM Nuveen ESG International Developed Markets Equity ETF 8.7 31 -10 5.6 -0.6
LEGR First Trust Indxx Innovative Transaction & Process ETF 8.6 65 -44 7.3 +1.1
FIVA Fidelity International Value Factor ETF 8.6 18 3 7.3 +1.1
HFXI IQ FTSE International Equity Currency Neutral ETF 8.6 20 1 5.6 -0.6
EFG iShares MSCI EAFE Growth ETF 8.5 36 -15 3.8 -2.4
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 8.4 47 -26 5.0 -1.2
STXI Strive International Developed Markets ETF 8.3 29 -8 6.2 +0.0
FEUZ First Trust Eurozone AlphaDEX ETF 8.2 80 -59 6.4 +0.2
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 8.2 20 1 5.7 -0.5
FPXE First Trust IPOX Europe Equity Opportunities ETF 8.1 70 -49 3.8 -2.4
EFA iShares MSCI EAFE ETF 8.1 35 -14 5.8 -0.4
HEFA iShares Currency Hedged MSCI EAFE ETF 8.0 35 -14 5.8 -0.4
FENI Fidelity Enhanced International ETF 8.0 28 -7 5.8 -0.4
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 7.8 45 -24 6.8 +0.6
OEFA ALPS O’Shares International Developed Quality Dividend ETF 7.7 48 -27 4.7 -1.5
EFV iShares MSCI EAFE Value ETF 7.6 34 -13 7.6 +1.4
DFIV Dimensional International Value ETF 7.6 27 -6 7.8 +1.6
BKIE BNY Mellon International Equity ETF 7.5 4 17 6.0 -0.2
ESGD iShares ESG Aware MSCI EAFE ETF 7.5 20 1 5.8 -0.4
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 7.3 58 -37 7.1 +0.9
GSIE Goldman Sachs ActiveBeta International Equity ETF 7.2 25 -4 6.2 +0.0
IQSI IQ Candriam International Equity ETF 7.1 15 6 5.6 -0.6
DOL WisdomTree International LargeCap Dividend Fund 7.0 48 -27 5.7 -0.5
DIHP Dimensional International High Profitability ETF 7.0 29 -8 5.8 -0.4
DMXF iShares ESG Advanced MSCI EAFE ETF 6.9 12 9 4.9 -1.3
IEFA iShares Core MSCI EAFE ETF 6.9 7 14 6.1 -0.1
UMMA Wahed Dow Jones Islamic World ETF 6.8 65 -44 3.5 -2.7
QEFA SPDR MSCI EAFE StrategicFactors ETF 6.8 30 -9 6.2 +0.0
AVIV Avantis International Large Cap Value ETF 6.7 25 -4 7.0 +0.8
IVSI Applied Finance IVS International Large ETF 6.6 65 -44 6.1 -0.2
PPIE Putnam PanAgora ESG International Equity ETF 6.6 49 -28 6.2 +0.0
SCHY Schwab International Dividend Equity ETF 6.3 14 7 8.5 +2.3
PATN Pacer Nasdaq International Patent Leaders ETF 6.3 65 -44 4.0 -2.2
IDOG ALPS International Sector Dividend Dogs ETF 6.2 50 -29 9.2 +3.0
FNDF Schwab Fundamental International Large Co. Index ETF 6.1 25 -4 7.4 +1.2
DFAI Dimensional International Core Equity Market ETF 6.1 18 3 6.1 -0.1
SCHF Schwab International Equity ETF 6.0 6 15 6.0 -0.2
IDEV iShares Core MSCI International Developed Markets ETF 6.0 4 17 6.0 -0.2
AVSD Avantis Responsible International Equity ETF 5.9 23 -2 6.0 -0.2
CGXU Capital Group International Focus Equity ETF 5.9 54 -33 3.8 -2.4
NETZ TCW Transform Systems ETF 5.9 75 -54 1.3 -4.9
ICOW Pacer Developed Markets International Cash Cows 100 ETF 5.8 65 -44 7.8 +1.6
IMFL Invesco International Developed Dynamic Multifactor ETF 5.8 34 -13 5.2 -1.0
BKCI BNY Mellon Concentrated International ETF 5.8 80 -59 4.9 -1.4
IQLT iShares MSCI Intl Quality Factor ETF 5.7 30 -9 5.5 -0.7
JHID John Hancock International High Dividend ETF 5.7 46 -25 7.9 +1.7
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 5.7 41 -20 6.0 -0.2
AVDE Avantis International Equity ETF 5.7 23 -2 6.2 +0.0
DFSI Dimensional International Sustainability Core 1 ETF 5.7 24 -3 5.7 -0.5
FICS First Trust International Developed Capital Strength ETF 5.6 70 -49 6.8 +0.6
VEA Vanguard FTSE Developed Markets ETF 5.6 3 18 6.0 -0.2
WRND IQ Global Equity R&D Leaders ETF 5.6 18 3 4.0 -2.2
INTF iShares International Equity Factor ETF 5.5 15 6 6.5 +0.3
FPXI First Trust International Equity Opportunities ETF 5.5 70 -49 3.7 -2.5
DFIC Dimensional International Core Equity 2 ETF 5.5 23 -2 6.3 +0.1
VIGI Vanguard International Dividend Appreciation ETF 5.4 10 11 6.1 -0.1
DWM WisdomTree International Equity Fund 5.4 48 -27 5.7 -0.5
FDD First Trust Stoxx European Select Dividend Index Fund 5.4 58 -37 9.8 +3.6
FEP First Trust Europe AlphaDEX Fund 5.3 80 -59 6.8 +0.6
SPDW SPDR Portfolio Developed World ex-US ETF 5.3 3 18 5.9 -0.4
UIVM VictoryShares International Value Momentum ETF 5.3 35 -14 8.2 +2.0
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 5.2 40 -19 5.7 -0.5
LVHI Franklin International Low Volatility High Dividend Index ET 5.2 40 -19 7.7 +1.5
FDRV Fidelity Electric Vehicles and Future Transportation ETF 5.2 39 -18 0.9 -5.3
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 5.2 12 9 5.3 -0.9
EUDV ProShares MSCI Europe Dividend Growers ETF 5.2 55 -34 5.7 -0.5
GXUS Goldman Sachs MarketBeta Total International Equity ETF 5.1 18 3 6.4 +0.2
CIL VictoryShares International Volatility Wtd ETF 5.1 45 -24 5.8 -0.4
PRNT 3D Printing ETF 5.0 66 -45 1.2 -5.0
RFDI First Trust Riverfront Dynamic Developed International ETF 5.0 83 -62 7.8 +1.6
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 4.9 39 -18 7.0 +0.8
IDHQ Invesco S&P International Developed High Quality ETF 4.9 29 -8 5.4 -0.8
WWJD Inspire International ETF 4.9 80 -59 6.4 +0.2
JIG JPMorgan International Growth ETF 4.9 55 -34 3.6 -2.6
CWI SPDR MSCI ACWI ex-US ETF 4.9 30 -9 6.5 +0.3
EXI iShares Global Industrials ETF 4.9 42 -21 3.6 -2.6
FIDI Fidelity International High Dividend ETF 4.9 18 3 7.3 +1.1
DWMF WisdomTree International Multifactor Fund 4.8 38 -17 7.0 +0.8
FTAG First Trust Indxx Global Agriculture ETF 4.8 70 -49 7.2 +1.0
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 4.7 58 -37 3.4 -2.8
DXIV Dimensional International Vector Equity ETF 4.7 34 -13 6.6 +0.4
ACWX iShares MSCI ACWI ex U.S. ETF 4.7 34 -13 6.4 +0.2
MOTI VanEck Morningstar International Moat ETF 4.5 58 -37 10.3 +4.1
KOCG FIS Knights of Columbus Global Belief ETF 4.5 75 -54 4.4 -1.8
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 4.5 32 -11 5.5 -0.8
VEU Vanguard FTSE All-World ex-US Index Fund 4.4 4 17 6.7 +0.5
DTH WisdomTree International High Dividend Fund 4.3 58 -37 7.4 +1.2
VSGX Vanguard ESG International Stock ETF 4.2 10 11 6.6 +0.4
QINT American Century Quality Diversified International ETF 4.2 39 -18 6.6 +0.4
AIVI WisdomTree International AI Enhanced Value Fund 4.1 58 -37 6.3 +0.1
VXUS Vanguard Total International Stock ETF 4.1 5 16 6.7 +0.5
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 4.1 80 -59 5.6 -0.6
RODM Hartford Multifactor Developed Markets (ex-US) ETF 4.1 29 -8 7.0 +0.8
GCOW Pacer Global Cash Cows Dividend ETF 4.1 60 -39 9.4 +3.2
IMTM iShares MSCI Intl Momentum Factor ETF 4.0 30 -9 4.7 -1.5
IXUS iShares Core MSCI Total International Stock ETF 4.0 7 14 6.6 +0.4
JXI iShares Global Utilities ETF 4.0 43 -22 5.2 -1.0
NATO Themes Transatlantic Defense ETF 3.9 35 -14 1.9 -4.3
IMOM Alpha Architect International Quantitative Momentum ETF 3.8 49 -28 4.2 -2.0
CLOD Themes Cloud Computing ETF 3.8 35 -14 3.0 -3.2
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 3.8 14 7 5.3 -0.9
VYMI Vanguard International High Dividend Yield ETF 3.8 17 4 8.1 +1.9
FAN First Trust Global Wind Energy ETF 3.7 60 -39 2.8 -3.4
MOTG VanEck Morningstar Global Wide Moat ETF 3.7 52 -31 8.0 +1.8
EFAV iShares MSCI EAFE Min Vol Factor ETF 3.6 22 -1 5.8 -0.4
XT iShares Exponential Technologies ETF 3.6 46 -25 3.8 -2.4
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 3.5 39 -18 6.2 +0.0
ROBO ROBO Global Robotics & Automation Index ETF 3.5 95 -74 2.3 -3.9
DFAX Dimensional World ex U.S. Core Equity 2 ETF 3.5 30 -9 6.4 +0.2
DSTX Distillate International Fundamental Stability & Value ETF 3.5 55 -34 6.7 +0.5
DGT State Street SPDR Global Dow ETF 3.4 50 -29 5.7 -0.5
IDV iShares International Select Dividend ETF 3.4 51 -30 9.1 +2.9
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 3.3 80 -59 3.6 -2.6
SHLD Global X Defense Tech ETF 3.3 50 -29 3.1 -3.1
EFAD ProShares MSCI EAFE Dividend Growers ETF 3.3 50 -29 5.7 -0.5
CGDG Capital Group Dividend Growers ETF 3.2 47 -26 5.2 -1.0
TPIF Timothy Plan International ETF 3.2 62 -41 5.6 -0.6
DRIV Global X Autonomous & Electric Vehicles ETF 3.2 68 -47 2.9 -3.3
IPKW Invesco International BuyBack Achievers ETF 3.2 55 -34 8.2 +2.0
KNO AXS Knowledge Leaders ETF 3.2 78 -57 4.1 -2.2
PIEL Pacer International Export Leaders ETF 3.2 60 -39 4.1 -2.1
JGLO JPMorgan Global Select Equity ETF 3.2 33 -12 4.3 -1.9
WUGI AXS Esoterica NextG Economy ETF 3.2 75 -54 1.4 -4.8
FBOT Fidelity Disruptive Automation ETF 3.1 50 -29 2.9 -3.3
GSIB Themes Global Systemically Important Banks ETF 3.1 35 -14 8.3 +2.1
BINV Brandes International ETF 3.1 70 -49 8.6 +2.4
FGD First Trust Dow Jones Global Select Dividend Index Fund 3.0 56 -35 9.8 +3.6
DINT Davis Select International ETF 3.0 55 -34 6.1 -0.1
CGGO Capital Group Global Growth Equity ETF 3.0 47 -26 4.1 -2.2
POW VistaShares Electrification Supercycle ETF 2.9 75 -54 2.0 -4.2
IXP iShares Global Comm Services ETF 2.9 42 -21 5.7 -0.5
SUPL ProShares Supply Chain Logistics ETF 2.9 58 -37 7.4 +1.2
MXI iShares Global Materials ETF 2.9 41 -20 6.0 -0.2
GEW Cambria Global EW ETF 2.8 29 -8 5.4 -0.8
AIQ Global X Artificial Intelligence & Technology ETF 2.8 68 -47 2.7 -3.5
IVAL Alpha Architect International Quantitative Value ETF 2.8 49 -28 7.7 +1.5
IXG iShares Global Financials ETF 2.8 42 -21 6.3 +0.1
DIVS SmartETFs Dividend Builder ETF 2.7 65 -44 4.5 -1.7
BCDF Horizon Kinetics Blockchain Development ETF 2.7 85 -64 3.9 -2.3
IBAT iShares Energy Storage & Materials ETF 2.7 47 -26 1.5 -4.7
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 2.6 24 -3 6.9 +0.7
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 2.6 42 -21 4.1 -2.2
INFL Horizon Kinetics Inflation Beneficiaries ETF 2.5 85 -64 2.8 -3.4
RCGE RockCreek Global Equality ETF 2.5 95 -74 6.2 -0.0
BLES Inspire Global Hope ETF 2.5 61 -40 5.7 -0.5
GTEK Goldman Sachs Future Tech Leaders Equity ETF 2.5 75 -54 1.7 -4.5
KOKU Xtrackers MSCI Kokusai Equity ETF 2.4 9 12 4.4 -1.8
IOO iShares Global 100 ETF 2.4 41 -20 3.8 -2.4
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 2.4 46 -25 5.0 -1.2
GII SPDR S&P Global Infrastructure ETF 2.4 40 -19 4.3 -1.9
IGF iShares Global Infrastructure ETF 2.4 41 -20 4.2 -2.0
IGRO iShares International Dividend Growth ETF 2.4 15 6 6.8 +0.6
LOUP Innovator Deepwater Frontier Tech ETF 2.4 70 -49 0.8 -5.4
IDLV Invesco S&P International Developed Low Volatility ETF 2.3 25 -4 6.5 +0.3
ISHP First Trust Nasdaq Retail ETF 2.3 60 -39 5.5 -0.7
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.3 47 -26 7.2 +1.0
KLMT Invesco MSCI Global Climate 500 ETF 2.3 10 11 5.0 -1.3
IQDF FlexShares International Quality Dividend Index Fund 2.2 47 -26 7.6 +1.4
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 2.2 75 -54 6.0 -0.2
QWLD SPDR MSCI World StrategicFactors ETF 2.2 30 -9 5.2 -1.0
NXTG First Trust Indxx NextG ETF 2.2 70 -49 3.4 -2.8
RXI iShares Global Consumer Discretionary ETF 2.1 41 -20 8.2 +2.0
DWLD Davis Select Worldwide ETF 2.1 63 -42 6.7 +0.5
HAP VanEck Natural Resources ETF 2.1 50 -29 6.8 +0.6
MOO VanEck Agribusiness ETF 2.1 53 -32 9.2 +3.0
KROP Global X AgTech & Food Innovation ETF 2.1 50 -29 6.8 +0.6
IDNA iShares Genomics Immunology and Healthcare ETF 2.1 47 -26 -0.3 -6.5
TOK iShares MSCI Kokusai ETF 2.1 26 -5 4.3 -1.9
ICPY Tweedy, Browne International Insider Value ETF 2.0 80 -59 21.6 +15.4
CZAR Themes Natural Monopoly ETF 2.0 35 -14 5.4 -0.8
HART IQ Healthy Hearts ETF 2.0 45 -24 5.8 -0.4
URTH iShares MSCI World ETF 1.9 24 -3 4.3 -1.9
FRGN Horizon International Equity ETF 1.9 75 -54 7.8 +1.6
FEOE First Eagle Overseas Equity ETF 1.9 79 -58 6.2 +0.0
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 1.9 25 -4 5.5 -0.7
JPIN J.P. Morgan Diversified Return International Equity ETF 1.9 37 -16 7.2 +1.0
VCLN Virtus Duff & Phelps Clean Energy ETF 1.8 59 -38 2.2 -4.0
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 1.8 60 -39 3.4 -2.8
FRNW Fidelity Clean Energy ETF 1.8 39 -18 1.7 -4.5
IDRV iShares Self-driving EV & Tech ETF 1.8 47 -26 1.3 -4.9
DEW WisdomTree Global High Dividend Fund 1.8 58 -37 7.2 +1.0
IQRA IQ CBRE Real Assets ETF 1.7 65 -44 5.9 -0.3
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.7 80 -59 6.7 +0.5
ACWI iShares MSCI ACWI ETF 1.7 32 -11 4.6 -1.6
CARZ First Trust NASDAQ Global Auto Index Fund 1.7 70 -49 2.2 -4.0
QTUM Defiance Quantum ETF 1.7 40 -19 3.5 -2.7
FEGE First Eagle Global Equity ETF 1.7 79 -58 6.1 -0.1
TTAI FCF International Quality ETF 1.6 59 -38 6.8 +0.6
FDEV Fidelity International Multifactor ETF 1.6 18 3 7.3 +1.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.6 9 12 4.9 -1.3
RGEF Rockefeller Global Equity ETF 1.6 55 -34 3.8 -2.4
VT Vanguard Total World Stock ETF 1.5 6 15 5.0 -1.2
COPY Tweedy, Browne Insider + Value ETF 1.5 80 -59 14.9 +8.7
WDNA WisdomTree BioRevolution Fund 1.5 45 -24 -2.2 -8.4
IBLC iShares Blockchain and Tech ETF 1.4 47 -26 -1.2 -7.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.4 20 1 4.7 -1.5
GINX SGI Enhanced Global Income ETF 1.4 98 -77 6.7 +0.5
FDTX Fidelity Disruptive Technology ETF 1.4 50 -29 1.5 -4.7
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.4 65 -44 1.4 -4.8
GINN Goldman Sachs Innovate Equity ETF 1.4 52 -31 3.7 -2.5
VIDI Vident International Equity Strategy ETF 1.4 61 -40 8.1 +1.9
ESGG FlexShares STOXX Global ESG Select Index Fund 1.3 42 -21 4.0 -2.2
DFIS Dimensional International Small Cap ETF 1.3 39 -18 6.1 -0.1
IPAV Global X Infrastructure Development ex-U.S. ETF 1.3 55 -34 5.7 -0.5
KNCT Invesco Next Gen Connectivity ETF 1.3 40 -19 2.9 -3.3
AGQI First Trust Active Global Quality Income ETF 1.3 85 -64 6.5 +0.3
IXJ iShares Global Healthcare ETF 1.3 42 -21 6.3 +0.1
FID First Trust S&P International Dividend Aristocrats ETF 1.3 60 -39 7.8 +1.6
IXN iShares Global Tech ETF 1.2 41 -20 2.6 -3.6
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.2 72 -51 2.2 -4.0
IQM Franklin Intelligent Machines ETF 1.1 50 -29 1.1 -5.1
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.1 61 -40 1.5 -4.7
FYLD Cambria Foreign Shareholder Yield ETF 1.0 59 -38 10.2 +4.0
GLOF iShares Global Equity Factor ETF 1.0 20 1 5.6 -0.7
DIM WisdomTree International MidCap Dividend Fund 1.0 58 -37 6.4 +0.2
FPAG FPA Global Equity ETF 1.0 49 -28 5.8 -0.4
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.9 12 9 4.4 -1.8
OGIG ALPS O'Shares Global Internet Giants ETF 0.9 48 -27 2.5 -3.8
WDIV SPDR S&P Global Dividend ETF 0.9 40 -19 9.1 +2.9
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 0.9 65 -44 4.2 -2.1
ACWV iShares MSCI Global Min Vol Factor ETF 0.9 20 1 5.8 -0.5
ANEW ProShares MSCI Transformational Changes ETF 0.9 45 -24 4.4 -1.8
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.9 10 11 8.6 +2.4
IFGL iShares International Developed Real Estate ETF 0.9 48 -27 7.5 +1.3
SDG iShares MSCI Global Sustainable Development Goals ETF 0.9 49 -28 4.5 -1.8
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.9 12 9 8.8 +2.6
ERET iShares Environmentally Aware Real Estate ETF 0.9 30 -9 6.9 +0.7
PCGG Polen Capital Global Growth ETF 0.8 85 -64 3.9 -2.3
ISCF iShares International SmallCap Equity Factor ETF 0.8 23 -2 7.3 +1.1
FDHT Fidelity Digital Health ETF 0.8 39 -18 1.7 -4.5
HTEC ROBO Global Healthcare Technology and Innovation ETF 0.8 68 -47 2.5 -3.7
MDEV First Trust Indxx Medical Devices ETF 0.8 70 -49 5.1 -1.1
DISV Dimensional International Small Cap Value ETF 0.7 42 -21 8.1 +1.9
FDNI First Trust Dow Jones International Internet ETF 0.7 65 -44 24.8 +18.6
FDRR Fidelity Dividend ETF for Rising Rates 0.6 15 6 5.7 -0.5
TMFG Motley Fool Global Opportunities ETF 0.6 85 -64 3.7 -2.5
GKAT Scharf Global Opportunity ETF 0.6 57 -36 5.8 -0.4
ARB AltShares Merger Arbitrage ETF 0.6 77 -56 2.6 -3.6
GLBL Pacer MSCI World Industry Advantage ETF 0.6 65 -44 3.4 -2.8
KXI iShares Global Consumer Staples ETF 0.6 41 -20 5.3 -0.9
TCAI Tortoise AI Infrastructure ETF 0.5 65 -44 1.2 -5.0
JDOC JPMorgan Healthcare Leaders ETF 0.5 65 -44 3.5 -2.7
AQLT iShares MSCI Global Quality Factor ETF 0.5 18 3 0.0 -6.2
FFLC Fidelity Fundamental Large Cap Core ETF 0.5 38 -17 3.9 -2.4
DRNZ REX Drone ETF 0.4 65 -44 -1.6 -7.8
SAGP Strategas Global Policy Opportunities ETF 0.4 65 -44 4.9 -1.3
AGNG Global X Aging Population ETF 0.4 50 -29 4.4 -1.8
APIE ActivePassive International Equity ETF 0.4 45 -24 6.4 +0.2
JSTC Adasina Social Justice All Cap Global ETF 0.4 89 -68 4.3 -1.9
IBUY Amplify Online Retail ETF 0.3 65 -44 2.3 -3.9
BUYZ Franklin Disruptive Commerce ETF 0.3 50 -29 2.5 -3.7
CGGR Capital Group Growth ETF 0.3 39 -18 2.6 -3.6
BAI iShares AI Innovation and Tech Active ETF 0.3 55 -34 0.9 -5.3
FINE Themes European Luxury ETF 0.3 35 -14 3.7 -2.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 -28 6.1 -0.1
RVRB Reverb ETF 0.1 30 -9 3.8 -2.4
FNDC Schwab Fundamental International Small Co. Index ETF 0.1 39 -18 6.8 +0.6
WSGE Warren Street Global Equity ETF 0.0 80 -59 2.9 -3.3
TEKX SPDR Galaxy Transformative Tech Accelerators ETF 0.0 65 -44 0.0 -6.2

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 12.6 %
Divided by: Fwd. P/BV 2.0 x
Less: Expense ratio 21 bp
Equals: ALTAR Score 6.2 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.61 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.