Global X DAX Germany ETF
ALTAR
Score™		 6.2% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 17.1x P/Sales
ratio		 1.4x
P/BV
ratio		 2.0x Div.
yield		 2.2%


  • 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) $259
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 10.1 %
ALLIANZ SE-REG 8.6 %
SAP AG 8.5 %
SIEMENS ENERGY AG 7.8 %
DEUTSCHE TELEKOM AG 6.6 %
AIRBUS GROUP SE 6.0 %
MUENCHENER RUECKVER AG-REG 4.3 %
RHEINMETALL AG 4.1 %
INFINEON TECHNOLOGIES AG 3.4 %
DEUTSCHE BANK AG-REGISTERED 3.2 %
Total 62.5 %

TOP COUNTRY EXPOSURE
GERMANY 93.3 %
NETHERLANDS 6.4 %









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.
-7.6% 9.5% 7.8% 8.2% 6.9%

Market Correlations
versus... Beta R-squared
S&P500 0.80 57%
MSCI EAFE 1.05 84%
MSCI Emg. Mkts. 0.76 58%

Technical Indicators
Recent close $44.20
30d moving avg. $43.03
Annualized volatility 16.1%
Short interest (ETF) 0.8%
Relative strength (RSI) 50

Liquidity measures
Avg. volume (thou.) 56
Turnover 1.0%
Bid/Ask (% of price) 0.39%
ADV underlying (mns) $2,242

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 297 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 86.3 9 12 6.5 +0.4
JIVE JPMorgan International Value ETF 30.2 55 -34 8.4 +2.2
FEZ SPDR EURO STOXX 50 ETF 28.1 29 -8 5.8 -0.4
FGM First Trust Germany AlphaDEX Fund 27.1 80 -59 4.8 -1.4
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 24.6 45 -24 5.7 -0.5
EZU iShares MSCI Eurozone ETF 23.7 52 -31 5.6 -0.6
HEDJ WisdomTree Europe Hedged Equity Fund 19.9 58 -37 6.0 -0.2
INEQ Columbia International Equity Income ETF 18.4 45 -24 7.5 +1.3
DTAN Sparkline International Intangible Value ETF 15.8 55 -34 7.3 +1.1
IDMO Invesco S&P International Developed Momentum ETF 15.1 25 -4 5.1 -1.1
CLNR IQ Cleaner Transport ETF 14.8 45 -24 3.9 -2.3
BBEU JPMorgan BetaBuilders Europe ETF 14.7 9 12 6.2 -0.0
DBEU Xtrackers MSCI Europe Hedged Equity ETF 14.4 46 -25 5.6 -0.6
FLEE Franklin FTSE Europe ETF 14.3 9 12 6.2 +0.0
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 14.1 25 -4 6.3 +0.1
OSEA Harbor International Compounders ETF 14.1 55 -34 4.1 -2.1
IEV iShares Europe ETF 12.9 67 -46 5.8 -0.4
EUFN iShares MSCI Europe Financials ETF 12.4 51 -30 7.1 +0.9
FEUZ First Trust Eurozone AlphaDEX ETF 12.2 80 -59 6.4 +0.3
JIRE JPMorgan International Research Enhanced Equity ETF 12.1 24 -3 5.8 -0.4
OCEN IQ Clean Oceans ETF 11.8 45 -24 4.5 -1.7
IEUR iShares Core MSCI Europe ETF 11.4 11 10 6.3 +0.1
VGK Vanguard FTSE Europe ETF 11.4 6 15 6.5 +0.3
MOTO SmartETFs Smart Transportation & Technology ETF 11.4 68 -47 5.7 -0.5
SPEU SPDR Portfolio Europe ETF 11.1 7 14 6.4 +0.2
CGIE Capital Group International Equity ETF 10.9 54 -33 4.6 -1.6
DIVI Franklin International Core Dividend Tilt Index ETF 10.7 9 12 6.6 +0.4
JHMD John Hancock Multifactor Developed International ETF 10.4 39 -18 6.1 -0.1
FENI Fidelity Enhanced International ETF 10.0 28 -7 5.8 -0.4
NUDM Nuveen ESG International Developed Markets Equity ETF 9.8 31 -10 5.6 -0.6
IVLU iShares MSCI Intl Value Factor ETF 9.7 30 -9 8.1 +1.9
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 9.5 36 -15 5.4 -0.8
FPXE First Trust IPOX Europe Equity Opportunities ETF 9.3 70 -49 3.9 -2.3
GSID Goldman Sachs MarketBeta International Equity ETF 9.3 20 1 5.9 -0.3
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 9.2 9 12 7.5 +1.3
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 9.0 20 1 5.6 -0.6
SHPP Pacer Industrials and Logistics ETF 9.0 60 -39 7.1 +0.9
HFXI IQ FTSE International Equity Currency Neutral ETF 8.9 20 1 5.8 -0.4
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 8.9 20 1 5.6 -0.6
CEFA Global X S&P Catholic Values Developed ex-US ETF 8.8 35 -14 5.7 -0.5
EFG iShares MSCI EAFE Growth ETF 8.6 36 -15 3.8 -2.4
LEGR First Trust Indxx Innovative Transaction & Process ETF 8.4 65 -44 7.8 +1.6
GSIE Goldman Sachs ActiveBeta International Equity ETF 8.3 25 -4 6.1 -0.1
STXI Strive International Developed Markets ETF 8.3 29 -8 6.2 -0.0
EFA iShares MSCI EAFE ETF 8.3 35 -14 5.7 -0.5
BKIE BNY Mellon International Equity ETF 8.2 4 17 6.0 -0.2
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 8.2 47 -26 4.9 -1.3
EUDG WisdomTree Europe Quality Dividend Growth Fund 8.1 58 -37 6.3 +0.1
DFIV Dimensional International Value ETF 8.0 27 -6 7.7 +1.5
EFV iShares MSCI EAFE Value ETF 8.0 34 -13 7.5 +1.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 7.8 45 -24 6.9 +0.7
NETZ TCW Transform Systems ETF 7.8 75 -54 1.4 -4.8
IQSI IQ Candriam International Equity ETF 7.7 15 6 5.6 -0.6
IVSI Applied Finance IVS International LrgETF 7.6 65 -44 6.0 -0.1
ESGD iShares ESG Aware MSCI EAFE ETF 7.5 20 1 5.8 -0.4
OEFA ALPS O’Shares International Developed Quality Dividend ETF 7.5 48 -27 4.6 -1.6
CGXU Capital Group International Focus Equity ETF 7.4 54 -33 4.0 -2.2
DIHP Dimensional International High Profitability ETF 7.3 29 -8 5.7 -0.5
FICS First Trust International Developed Capital Strength ETF 7.3 70 -49 6.7 +0.5
FEP First Trust Europe AlphaDEX Fund 7.1 80 -59 6.7 +0.6
IQDG WisdomTree International Quality Dividend Growth Fund 7.1 42 -21 5.7 -0.5
IEFA iShares Core MSCI EAFE ETF 7.1 7 14 6.0 -0.2
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 7.1 58 -37 5.4 -0.8
IDOG ALPS International Sector Dividend Dogs ETF 6.9 50 -29 9.1 +2.9
PATN Pacer Nasdaq International Patent Leaders ETF 6.9 65 -44 4.7 -1.5
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 6.9 68 -47 0.7 -5.5
IMTM iShares MSCI Intl Momentum Factor ETF 6.9 30 -9 4.7 -1.5
DMXF iShares ESG Advanced MSCI EAFE ETF 6.8 12 9 5.0 -1.2
AVIV Avantis International Large Cap Value ETF 6.8 25 -4 6.8 +0.7
UIVM VictoryShares International Value Momentum ETF 6.7 35 -14 8.2 +2.0
BKCI BNY Mellon Concentrated International ETF 6.7 80 -59 4.9 -1.3
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 6.6 58 -37 7.2 +1.1
FNDF Schwab Fundamental International Large Co. Index ETF 6.6 25 -4 7.5 +1.4
QEFA SPDR MSCI EAFE StrategicFactors ETF 6.6 30 -9 6.0 -0.2
WBAT WisdomTree Battery Value Chain and Innovation Fund 6.6 45 -24 -0.9 -7.1
FPXI First Trust International Equity Opportunities ETF 6.6 70 -49 4.0 -2.2
SCHY Schwab International Dividend Equity ETF 6.5 14 7 8.2 +2.0
DOL WisdomTree International LargeCap Dividend Fund 6.3 48 -27 5.7 -0.5
FIVA Fidelity International Value Factor ETF 6.3 18 3 7.5 +1.3
ICOW Pacer Developed Markets International Cash Cows 100 ETF 6.3 65 -44 7.7 +1.5
SCHF Schwab International Equity ETF 6.3 6 15 6.1 -0.1
AVDE Avantis International Equity ETF 6.2 23 -2 6.1 -0.0
IDEV iShares Core MSCI International Developed Markets ETF 6.2 4 17 6.0 -0.2
IQLT iShares MSCI Intl Quality Factor ETF 6.2 30 -9 5.4 -0.8
LVHI Franklin International Low Volatility High Dividend Index ET 6.2 40 -19 7.4 +1.2
UMMA Wahed Dow Jones Islamic World ETF 6.1 65 -44 3.9 -2.3
AVSD Avantis Responsible International Equity ETF 6.1 23 -2 6.0 -0.2
DFAI Dimensional International Core Equity Market ETF 6.1 18 3 6.0 -0.2
PPIE Putnam PanAgora ESG International Equity ETF 5.9 49 -28 6.4 +0.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 5.9 41 -20 6.2 -0.0
IMFL Invesco International Developed Dynamic Multifactor ETF 5.8 34 -13 5.2 -1.0
FDD First Trust Stoxx European Select Dividend Index Fund 5.8 58 -37 9.9 +3.7
INTF iShares International Equity Factor ETF 5.8 15 6 6.4 +0.2
VEA Vanguard FTSE Developed Markets ETF 5.8 3 18 6.0 -0.2
JHID John Hancock International High Dividend ETF 5.7 46 -25 7.9 +1.7
DFSI Dimensional International Sustainability Core 1 ETF 5.7 24 -3 5.6 -0.6
DFIC Dimensional International Core Equity 2 ETF 5.7 23 -2 6.2 -0.0
FIDI Fidelity International High Dividend ETF 5.7 18 3 7.0 +0.8
GXUS Goldman Sachs MarketBeta Total International Equity ETF 5.6 18 3 6.5 +0.3
SPDW SPDR Portfolio Developed World ex-US ETF 5.6 3 18 5.9 -0.3
WRND IQ Global Equity R&D Leaders ETF 5.6 18 3 4.2 -2.0
RFDI First Trust Riverfront Dynamic Developed International ETF 5.5 83 -62 7.6 +1.4
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 5.5 12 9 5.3 -0.9
CIL VictoryShares International Volatility Wtd ETF 5.4 45 -24 5.8 -0.4
QINT American Century Quality Diversified International ETF 5.4 39 -18 6.6 +0.4
FTAG First Trust Indxx Global Agriculture ETF 5.3 70 -49 6.7 +0.5
PRNT 3D Printing ETF 5.1 66 -45 1.5 -4.7
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 5.1 39 -18 7.0 +0.8
VWID Virtus WMC International Dividend ETF 5.1 49 -28 7.2 +1.0
CWI SPDR MSCI ACWI ex-US ETF 5.1 30 -9 6.5 +0.3
DXIV Dimensional International Vector Equity ETF 5.0 34 -13 6.5 +0.3
EXI iShares Global Industrials ETF 5.0 42 -21 3.5 -2.7
ACWX iShares MSCI ACWI ex U.S. ETF 5.0 34 -13 6.4 +0.3
EUDV ProShares MSCI Europe Dividend Growers ETF 5.0 55 -34 5.6 -0.6
RODM Hartford Multifactor Developed Markets (ex-US) ETF 5.0 29 -8 6.9 +0.7
IDHQ Invesco S&P International Developed High Quality ETF 4.9 29 -8 5.5 -0.7
MOTI VanEck Morningstar International Moat ETF 4.8 58 -37 9.7 +3.5
DWM WisdomTree International Equity Fund 4.8 48 -27 5.6 -0.6
WWJD Inspire International ETF 4.8 80 -59 6.2 -0.0
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 4.8 32 -11 5.2 -1.0
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 4.7 40 -19 5.6 -0.6
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 4.7 58 -37 3.5 -2.7
VEU Vanguard FTSE All-World ex-US Index Fund 4.6 4 17 6.8 +0.6
NATO Themes Transatlantic Defense ETF 4.6 35 -14 1.7 -4.5
GCOW Pacer Global Cash Cows Dividend ETF 4.5 60 -39 9.0 +2.8
KOCG FIS Knights of Columbus Global Belief ETF 4.5 75 -54 4.4 -1.8
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 4.5 80 -59 5.3 -0.9
VYMI Vanguard International High Dividend Yield ETF 4.4 17 4 8.0 +1.8
VXUS Vanguard Total International Stock ETF 4.3 5 16 6.7 +0.5
IXUS iShares Core MSCI Total International Stock ETF 4.3 7 14 6.7 +0.5
VSGX Vanguard ESG International Stock ETF 4.2 10 11 6.8 +0.6
DWMF WisdomTree International Multifactor Fund 4.2 38 -17 6.6 +0.4
MOTG VanEck Morningstar Global Wide Moat ETF 4.2 52 -31 7.7 +1.5
PCGG Polen Capital Global Growth ETF 4.1 85 -64 4.0 -2.2
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 4.1 39 -18 6.1 -0.1
CLOD Themes Cloud Computing ETF 4.1 35 -14 3.9 -2.3
JXI iShares Global Utilities ETF 4.1 43 -22 4.8 -1.4
SHLD Global X Defense Tech ETF 4.1 50 -29 2.6 -3.6
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 4.0 14 7 5.4 -0.8
AIVI WisdomTree International AI Enhanced Value Fund 4.0 58 -37 6.1 -0.0
FAN First Trust Global Wind Energy ETF 4.0 60 -39 2.6 -3.6
KNO AXS Knowledge Leaders ETF 3.9 78 -57 4.5 -1.7
CGDG Capital Group Dividend Growers ETF 3.9 47 -26 5.1 -1.1
IPKW Invesco International BuyBack Achievers ETF 3.7 55 -34 8.0 +1.8
IDV iShares International Select Dividend ETF 3.7 51 -30 8.9 +2.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 3.7 30 -9 6.4 +0.2
VIGI Vanguard International Dividend Appreciation ETF 3.7 10 11 6.1 -0.1
POW VistaShares Electrification Supercycle ETF 3.7 75 -54 2.2 -4.0
TPIF Timothy Plan International ETF 3.7 62 -41 5.5 -0.7
DGT State Street SPDR Global Dow ETF 3.6 50 -29 5.9 -0.3
ICPY Tweedy, Browne International Insider Value ETF 3.6 80 -59 21.9 +15.8
EFAV iShares MSCI EAFE Min Vol Factor ETF 3.5 22 -1 5.5 -0.7
DSTX Distillate International Fundamental Stability & Value ETF 3.5 55 -34 6.5 +0.3
LOUP Innovator Deepwater Frontier Tech ETF 3.5 70 -49 1.1 -5.1
XT iShares Exponential Technologies ETF 3.5 46 -25 4.3 -1.9
IXP iShares Global Comm Services ETF 3.4 42 -21 5.6 -0.6
DTH WisdomTree International High Dividend Fund 3.4 58 -37 7.1 +1.0
FDRV Fidelity Electric Vehicles and Future Transportation ETF 3.4 39 -18 1.1 -5.1
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 3.4 79 -58 3.9 -2.3
FBOT Fidelity Disruptive Automation ETF 3.3 50 -29 3.1 -3.1
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 3.3 80 -59 3.4 -2.8
FGD First Trust Dow Jones Global Select Dividend Index Fund 3.2 56 -35 9.8 +3.6
EFAD ProShares MSCI EAFE Dividend Growers ETF 3.2 50 -29 5.7 -0.5
GSIB Themes Global Systemically Important Banks ETF 3.2 35 -14 8.8 +2.6
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 3.2 24 -3 6.8 +0.6
PIEL Pacer International Export Leaders ETF 3.2 60 -39 4.3 -1.9
ROBO ROBO Global Robotics & Automation Index ETF 3.1 95 -74 2.7 -3.5
MXI iShares Global Materials ETF 3.1 41 -20 5.7 -0.5
IQDY FlexShares International Quality Dividend Dynamic Index Fund 3.0 47 -26 7.5 +1.3
IXG iShares Global Financials ETF 3.0 42 -21 6.4 +0.2
GEW Cambria Global EW ETF 2.9 29 -8 5.5 -0.7
IBAT iShares Energy Storage & Materials ETF 2.9 47 -26 1.8 -4.4
CGGO Capital Group Global Growth Equity ETF 2.9 47 -26 4.4 -1.8
FRGN Horizon International Equity ETF 2.9 75 -54 8.2 +2.0
JIG JPMorgan International Growth ETF 2.8 55 -34 3.6 -2.6
BCDF Horizon Kinetics Blockchain Development ETF 2.8 85 -64 3.7 -2.5
ITOL Tema International Durable Quality ETF 2.8 60 -39 5.0 -1.2
AIQ Global X Artificial Intelligence & Technology ETF 2.8 68 -47 3.4 -2.8
SUPL ProShares Supply Chain Logistics ETF 2.8 58 -37 7.8 +1.6
COPY Tweedy, Browne Insider + Value ETF 2.8 80 -59 15.3 +9.1
DIVS SmartETFs Dividend Builder ETF 2.8 65 -44 4.5 -1.7
JGLO JPMorgan Global Select Equity ETF 2.7 33 -12 4.4 -1.8
IOO iShares Global 100 ETF 2.7 41 -20 4.1 -2.1
INFL Horizon Kinetics Inflation Beneficiaries ETF 2.6 85 -64 2.7 -3.5
DRIV Global X Autonomous & Electric Vehicles ETF 2.6 68 -47 3.5 -2.7
RCGE RockCreek Global Equality ETF 2.6 95 -74 6.1 -0.1
BLES Inspire Global Hope ETF 2.5 61 -40 5.9 -0.3
IGF iShares Global Infrastructure ETF 2.5 41 -20 4.1 -2.1
KOKU Xtrackers MSCI Kokusai Equity ETF 2.5 9 12 4.6 -1.6
GII SPDR S&P Global Infrastructure ETF 2.5 40 -19 4.1 -2.1
IQDF FlexShares International Quality Dividend Index Fund 2.5 47 -26 7.7 +1.5
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 2.4 25 -4 5.6 -0.6
FDEV Fidelity International Multifactor ETF 2.4 18 3 7.0 +0.8
BINV Brandes International ETF 2.4 70 -49 8.4 +2.2
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 2.4 75 -54 5.7 -0.5
HAP VanEck Natural Resources ETF 2.4 50 -29 6.4 +0.2
MOO VanEck Agribusiness ETF 2.4 53 -32 8.4 +2.2
IDNA iShares Genomics Immunology and Healthcare ETF 2.4 47 -26 -0.3 -6.4
IGRO iShares International Dividend Growth ETF 2.4 15 6 6.7 +0.5
IDLV Invesco S&P International Developed Low Volatility ETF 2.3 25 -4 6.2 -0.0
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 2.3 60 -39 3.4 -2.8
HART IQ Healthy Hearts ETF 2.3 45 -24 5.7 -0.5
WUGI AXS Esoterica NextG Economy ETF 2.3 75 -54 1.8 -4.4
KLMT Invesco MSCI Global Climate 500 ETF 2.3 10 11 5.2 -1.0
JPIN J.P. Morgan Diversified Return International Equity ETF 2.3 37 -16 7.0 +0.8
TOK iShares MSCI Kokusai ETF 2.3 26 -5 4.5 -1.7
BAI iShares AI Innovation and Tech Active ETF 2.2 55 -34 1.2 -5.0
ISHP First Trust Nasdaq Retail ETF 2.2 60 -39 5.3 -0.8
FDTX Fidelity Disruptive Technology ETF 2.2 50 -29 2.1 -4.1
RXI iShares Global Consumer Discretionary ETF 2.2 41 -20 8.0 +1.8
SAGP Strategas Global Policy Opportunities ETF 2.2 65 -44 4.8 -1.4
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 2.2 42 -21 4.1 -2.1
URTH iShares MSCI World ETF 2.1 24 -3 4.5 -1.7
IMOM Alpha Architect International Quantitative Momentum ETF 2.1 49 -28 4.1 -2.1
QWLD SPDR MSCI World StrategicFactors ETF 2.1 30 -9 5.2 -1.0
CZAR Themes Natural Monopoly ETF 2.0 35 -14 5.4 -0.8
GTEK Goldman Sachs Future Tech Leaders Equity ETF 2.0 75 -54 2.3 -3.9
AGIX KraneShares Artificial Intelligence and Technology ETF 1.9 99 -78 1.5 -4.7
NXTG First Trust Indxx NextG ETF 1.9 70 -49 4.4 -1.8
ACWI iShares MSCI ACWI ETF 1.9 32 -11 4.9 -1.3
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.9 80 -59 6.7 +0.6
IDRV iShares Self-driving EV & Tech ETF 1.8 47 -26 1.3 -4.9
CARZ First Trust NASDAQ Global Auto Index Fund 1.8 70 -49 2.9 -3.3
FEOE First Eagle Overseas Equity ETF 1.7 79 -58 6.2 -0.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.7 9 12 5.1 -1.1
RGEF Rockefeller Global Equity ETF 1.7 55 -34 4.0 -2.2
VT Vanguard Total World Stock ETF 1.7 6 15 5.2 -1.0
TTAI FCF International Quality ETF 1.6 59 -38 6.6 +0.4
IQM Franklin Intelligent Machines ETF 1.6 50 -29 1.2 -5.0
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.6 20 1 5.0 -1.2
GINN Goldman Sachs Innovate Equity ETF 1.6 52 -31 4.0 -2.2
VIDI Vident International Equity Strategy ETF 1.6 61 -40 8.4 +2.2
VCLN Virtus Duff & Phelps Clean Energy ETF 1.5 59 -38 2.5 -3.7
IQRA IQ CBRE Real Assets ETF 1.5 65 -44 5.7 -0.5
FEGE First Eagle Global Equity ETF 1.5 79 -58 6.1 -0.1
ESGG FlexShares STOXX Global ESG Select Index Fund 1.4 42 -21 4.4 -1.8
DEW WisdomTree Global High Dividend Fund 1.4 58 -37 7.3 +1.1
AGQI First Trust Active Global Quality Income ETF 1.4 85 -64 6.5 +0.3
IPAV Global X Infrastructure Development ex-U.S. ETF 1.4 55 -34 5.7 -0.5
GINX SGI Enhanced Global Income ETF 1.4 98 -77 6.7 +0.6
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.4 65 -44 1.7 -4.5
IXJ iShares Global Healthcare ETF 1.4 42 -21 6.2 +0.1
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.4 72 -51 2.1 -4.1
DFIS Dimensional International Small Cap ETF 1.4 39 -18 6.1 -0.1
QTUM Defiance Quantum ETF 1.4 40 -19 4.7 -1.5
KNCT Invesco Next Gen Connectivity ETF 1.3 40 -19 3.8 -2.4
FID First Trust S&P International Dividend Aristocrats ETF 1.3 60 -39 7.9 +1.7
IXN iShares Global Tech ETF 1.3 41 -20 3.3 -2.9
CGUS Capital Group Core Equity ETF 1.2 33 -12 3.7 -2.5
GLOF iShares Global Equity Factor ETF 1.2 20 1 5.8 -0.4
IBLC iShares Blockchain and Tech ETF 1.1 47 -26 -1.4 -7.6
LST Leuthold Select Industries ETF 1.1 91 -70 5.1 -1.1
FYLD Cambria Foreign Shareholder Yield ETF 1.1 59 -38 10.1 +3.9
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.1 61 -40 1.5 -4.7
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.0 12 9 4.6 -1.6
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.0 10 11 8.1 +1.9
IFGL iShares International Developed Real Estate ETF 1.0 48 -27 7.0 +0.8
SDG iShares MSCI Global Sustainable Development Goals ETF 1.0 49 -28 4.6 -1.6
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.0 12 9 8.2 +2.0
ERET iShares Environmentally Aware Real Estate ETF 1.0 30 -9 6.8 +0.6
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 1.0 65 -44 4.1 -2.1
DIM WisdomTree International MidCap Dividend Fund 1.0 58 -37 6.1 -0.0
OGIG ALPS O'Shares Global Internet Giants ETF 1.0 48 -27 2.8 -3.4
ANEW ProShares MSCI Transformational Changes ETF 1.0 45 -24 4.7 -1.5
WDIV SPDR S&P Global Dividend ETF 1.0 40 -19 9.2 +3.0
ACWV iShares MSCI Global Min Vol Factor ETF 0.9 20 1 5.7 -0.5
WDNA WisdomTree BioRevolution Fund 0.9 45 -24 -2.3 -8.5
FDRR Fidelity Dividend ETF for Rising Rates 0.9 15 6 6.1 -0.1
FPAG FPA Global Equity ETF 0.9 49 -28 6.0 -0.2
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 2.6 -3.6
MDEV First Trust Indxx Medical Devices ETF 0.8 70 -49 4.8 -1.4
TCAI Tortoise AI Infrastructure ETF 0.8 65 -44 1.5 -4.7
ISCF iShares International SmallCap Equity Factor ETF 0.8 23 -2 7.2 +1.0
DISV Dimensional International Small Cap Value ETF 0.7 42 -21 8.1 +1.9
GLBL Pacer MSCI World Industry Advantage ETF 0.7 65 -44 3.7 -2.5
JDOC JPMorgan Healthcare Leaders ETF 0.7 65 -44 3.5 -2.7
JSTC Adasina Social Justice All Cap Global ETF 0.7 89 -68 4.7 -1.5
WLDR Affinity World Leaders Equity ETF 0.6 67 -46 6.5 +0.3
DRNZ REX Drone ETF 0.6 65 -44 -1.7 -7.8
IVAL Alpha Architect International Quantitative Value ETF 0.6 49 -28 7.5 +1.3
FDNI First Trust Dow Jones International Internet ETF 0.6 65 -44 23.5 +17.3
TMFG Motley Fool Global Opportunities ETF 0.6 85 -64 3.9 -2.3
GKAT Scharf Global Opportunity ETF 0.6 57 -36 5.9 -0.3
KXI iShares Global Consumer Staples ETF 0.6 41 -20 5.2 -1.0
AGNG Global X Aging Population ETF 0.5 50 -29 4.1 -2.1
AQLT iShares MSCI Global Quality Factor ETF 0.5 18 3 0.0 -6.2
APIE ActivePassive International Equity ETF 0.4 45 -24 6.4 +0.3
IBUY Amplify Online Retail ETF 0.3 65 -44 2.3 -3.9
FINE Themes European Luxury ETF 0.3 35 -14 3.7 -2.5
CGGR Capital Group Growth ETF 0.3 39 -18 2.7 -3.5
BUYZ Franklin Disruptive Commerce ETF 0.3 50 -29 2.4 -3.8
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 -28 6.0 -0.2
RVRB Reverb ETF 0.1 30 -9 4.0 -2.2
FNDC Schwab Fundamental International Small Co. Index ETF 0.1 39 -18 6.7 +0.5
WSGE Warren Street Global Equity ETF 0.0 80 -59 3.0 -3.2
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.