Global X DAX Germany ETF
ALTAR
Score™		 6.4% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 16.4x P/Sales
ratio		 1.4x
P/BV
ratio		 1.9x Div.
yield		 2.3%


  • 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) $265
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
SAP AG 10.9 %
SIEMENS AG-REG 10.0 %
ALLIANZ SE-REG 8.1 %
DEUTSCHE TELEKOM AG 7.1 %
SIEMENS ENERGY AG 6.7 %
AIRBUS GROUP SE 6.0 %
RHEINMETALL AG 4.4 %
MUENCHENER RUECKVER AG-REG 4.2 %
INFINEON TECHNOLOGIES AG 3.1 %
DEUTSCHE BANK AG-REGISTERED 3.0 %
Total 63.5 %

TOP COUNTRY EXPOSURE
GERMANY 93.3 %
NETHERLANDS 6.4 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
3.7% 26.4% 11.6% 10.5% 8.0%

Market Correlations
versus... Beta R-squared
S&P500 0.72 51%
MSCI EAFE 1.06 80%
MSCI Emg. Mkts. 0.76 50%

Technical Indicators
Recent close $42.36
30d moving avg. $45.86
Annualized volatility 16.1%
Short interest (ETF) 0.8%
Relative strength (RSI) 36

Liquidity measures
Avg. volume (thou.) 62
Turnover 1.0%
Bid/Ask (% of price) 0.34%
ADV underlying (mns) $2,242

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 296 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™: 6.4%


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 87.6 9 12 6.8 +0.4
JIVE JPMorgan International Value ETF 29.9 55 -34 9.0 +2.6
FEZ SPDR EURO STOXX 50 ETF 28.5 29 -8 6.1 -0.3
FGM First Trust Germany AlphaDEX Fund 26.8 80 -59 5.3 -1.1
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 24.6 45 -24 6.0 -0.5
EZU iShares MSCI Eurozone ETF 24.4 52 -31 6.0 -0.4
HEDJ WisdomTree Europe Hedged Equity Fund 21.0 58 -37 6.3 -0.1
INEQ Columbia International Equity Income ETF 18.4 45 -24 7.9 +1.5
DTAN Sparkline International Intangible Value ETF 15.1 55 -34 7.6 +1.2
IDMO Invesco S&P International Developed Momentum ETF 15.1 25 -4 5.5 -0.9
BBEU JPMorgan BetaBuilders Europe ETF 14.7 9 12 6.5 +0.1
CLNR IQ Cleaner Transport ETF 14.6 45 -24 3.9 -2.6
DBEU Xtrackers MSCI Europe Hedged Equity ETF 14.4 46 -25 5.8 -0.7
FLEE Franklin FTSE Europe ETF 14.3 9 12 6.6 +0.2
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 14.1 25 -4 6.7 +0.3
OSEA Harbor International Compounders ETF 13.8 55 -34 4.2 -2.2
IEV iShares Europe ETF 13.1 67 -46 6.2 -0.3
EUFN iShares MSCI Europe Financials ETF 12.6 51 -30 7.8 +1.4
FEUZ First Trust Eurozone AlphaDEX ETF 12.4 80 -59 7.1 +0.6
JIRE JPMorgan International Research Enhanced Equity ETF 12.1 24 -3 6.1 -0.3
IEUR iShares Core MSCI Europe ETF 11.7 11 10 6.7 +0.3
OCEN IQ Clean Oceans ETF 11.6 45 -24 4.5 -1.9
VGK Vanguard FTSE Europe ETF 11.6 6 15 6.9 +0.4
MOTO SmartETFs Smart Transportation & Technology ETF 11.4 68 -47 6.2 -0.2
SPEU SPDR Portfolio Europe ETF 11.2 7 14 6.8 +0.4
IMOM Alpha Architect International Quantitative Momentum ETF 11.0 49 -28 4.5 -2.0
CGIE Capital Group International Equity ETF 10.9 54 -33 4.8 -1.6
DIVI Franklin International Core Dividend Tilt Index ETF 10.7 9 12 7.0 +0.6
SHPP Pacer Industrials and Logistics ETF 10.5 60 -39 7.4 +1.0
JHMD John Hancock Multifactor Developed International ETF 10.4 39 -18 6.5 +0.1
FENI Fidelity Enhanced International ETF 10.0 28 -7 6.1 -0.3
IVLU iShares MSCI Intl Value Factor ETF 9.8 30 -9 8.6 +2.2
EUDG WisdomTree Europe Quality Dividend Growth Fund 9.8 58 -37 6.6 +0.1
NUDM Nuveen ESG International Developed Markets Equity ETF 9.8 31 -10 5.9 -0.5
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 9.5 36 -15 5.7 -0.8
GSID Goldman Sachs MarketBeta International Equity ETF 9.3 20 1 6.2 -0.3
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 9.2 9 12 7.7 +1.3
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 9.1 20 1 5.9 -0.6
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 9.0 20 1 5.9 -0.5
HFXI IQ FTSE International Equity Currency Neutral ETF 8.9 20 1 6.1 -0.3
CEFA Global X S&P Catholic Values Developed ex-US ETF 8.9 35 -14 6.0 -0.4
EFG iShares MSCI EAFE Growth ETF 8.9 36 -15 4.0 -2.5
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 8.8 58 -37 5.6 -0.9
FPXE First Trust IPOX Europe Equity Opportunities ETF 8.8 70 -49 4.3 -2.1
STXI Strive International Developed Markets ETF 8.6 29 -8 6.0 -0.4
EFA iShares MSCI EAFE ETF 8.4 35 -14 6.1 -0.4
GSIE Goldman Sachs ActiveBeta International Equity ETF 8.3 25 -4 6.5 +0.0
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 8.2 47 -26 5.0 -1.4
BKIE BNY Mellon International Equity ETF 8.2 4 17 6.3 -0.1
LEGR First Trust Indxx Innovative Transaction & Process ETF 8.1 65 -44 8.1 +1.6
EFV iShares MSCI EAFE Value ETF 8.0 34 -13 8.0 +1.6
OEFA ALPS O’Shares International Developed Quality Dividend ETF 7.9 48 -27 4.6 -1.9
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 7.8 45 -24 7.3 +0.9
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 7.8 58 -37 7.7 +1.3
DFIV Dimensional International Value ETF 7.8 27 -6 8.2 +1.8
NETZ TCW Transform Systems ETF 7.8 75 -54 1.4 -5.0
DOL WisdomTree International LargeCap Dividend Fund 7.7 48 -27 6.1 -0.3
IQSI IQ Candriam International Equity ETF 7.7 15 6 5.8 -0.6
ESGD iShares ESG Aware MSCI EAFE ETF 7.6 20 1 6.1 -0.3
IQDG WisdomTree International Quality Dividend Growth Fund 7.6 42 -21 6.0 -0.4
CGXU Capital Group International Focus Equity ETF 7.5 54 -33 4.4 -2.1
DIHP Dimensional International High Profitability ETF 7.4 29 -8 5.9 -0.5
IEFA iShares Core MSCI EAFE ETF 7.2 7 14 6.4 -0.0
FEP First Trust Europe AlphaDEX Fund 7.2 80 -59 7.3 +0.9
DMXF iShares ESG Advanced MSCI EAFE ETF 7.1 12 9 5.3 -1.1
PATN Pacer Nasdaq International Patent Leaders ETF 7.1 65 -44 4.9 -1.5
FICS First Trust International Developed Capital Strength ETF 7.0 70 -49 6.9 +0.4
IMTM iShares MSCI Intl Momentum Factor ETF 6.9 30 -9 5.0 -1.4
WBAT WisdomTree Battery Value Chain and Innovation Fund 6.8 45 -24 -0.9 -7.4
AVIV Avantis International Large Cap Value ETF 6.8 25 -4 7.3 +0.9
UIVM VictoryShares International Value Momentum ETF 6.8 35 -14 8.7 +2.2
QEFA SPDR MSCI EAFE StrategicFactors ETF 6.7 30 -9 6.3 -0.1
ICOW Pacer Developed Markets International Cash Cows 100 ETF 6.6 65 -44 8.1 +1.7
BKCI BNY Mellon Concentrated International ETF 6.6 80 -59 5.1 -1.4
UMMA Wahed Dow Jones Islamic World ETF 6.4 65 -44 4.1 -2.3
IDOG ALPS International Sector Dividend Dogs ETF 6.4 50 -29 9.7 +3.3
FNDF Schwab Fundamental International Large Co. Index ETF 6.4 25 -4 8.0 +1.6
FIVA Fidelity International Value Factor ETF 6.3 18 3 7.9 +1.4
IDEV iShares Core MSCI International Developed Markets ETF 6.3 4 17 6.3 -0.1
SCHF Schwab International Equity ETF 6.3 6 15 6.4 -0.0
AVDE Avantis International Equity ETF 6.2 23 -2 6.5 +0.1
IQLT iShares MSCI Intl Quality Factor ETF 6.2 30 -9 5.7 -0.7
DFAI Dimensional International Core Equity Market ETF 6.2 18 3 6.3 -0.1
LVHI Franklin International Low Volatility High Dividend Index ET 6.2 40 -19 7.7 +1.2
AVSD Avantis Responsible International Equity ETF 6.1 23 -2 6.3 -0.1
IVSI Applied Finance IVS International LrgETF 6.1 65 -44 6.4 -0.0
FPXI First Trust International Equity Opportunities ETF 6.1 70 -49 4.4 -2.0
PPIE Putnam PanAgora ESG International Equity ETF 5.9 49 -28 6.8 +0.4
IMFL Invesco International Developed Dynamic Multifactor ETF 5.9 34 -13 5.4 -1.0
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 5.9 41 -20 6.5 +0.0
VEA Vanguard FTSE Developed Markets ETF 5.9 3 18 6.4 -0.0
DWM WisdomTree International Equity Fund 5.8 48 -27 5.9 -0.5
DFIC Dimensional International Core Equity 2 ETF 5.7 23 -2 6.5 +0.1
DFSI Dimensional International Sustainability Core 1 ETF 5.7 24 -3 5.9 -0.6
FIDI Fidelity International High Dividend ETF 5.7 18 3 7.4 +1.0
INTF iShares International Equity Factor ETF 5.7 15 6 6.8 +0.4
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 5.7 12 9 5.6 -0.8
GXUS Goldman Sachs MarketBeta Total International Equity ETF 5.6 18 3 6.8 +0.4
SPDW SPDR Portfolio Developed World ex-US ETF 5.6 3 18 6.3 -0.2
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 5.6 40 -19 5.9 -0.5
WRND IQ Global Equity R&D Leaders ETF 5.6 18 3 4.3 -2.1
JHID John Hancock International High Dividend ETF 5.6 46 -25 8.4 +1.9
RFDI First Trust Riverfront Dynamic Developed International ETF 5.4 83 -62 8.1 +1.7
CIL VictoryShares International Volatility Wtd ETF 5.4 45 -24 5.7 -0.7
QINT American Century Quality Diversified International ETF 5.4 39 -18 7.0 +0.6
FDD First Trust Stoxx European Select Dividend Index Fund 5.3 58 -37 10.7 +4.3
CWI SPDR MSCI ACWI ex-US ETF 5.2 30 -9 6.9 +0.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 5.1 39 -18 7.3 +0.9
VWID Virtus WMC International Dividend ETF 5.1 49 -28 7.6 +1.2
ACWX iShares MSCI ACWI ex U.S. ETF 5.0 34 -13 6.8 +0.4
EUDV ProShares MSCI Europe Dividend Growers ETF 5.0 55 -34 5.8 -0.6
RODM Hartford Multifactor Developed Markets (ex-US) ETF 5.0 29 -8 7.3 +0.9
EXI iShares Global Industrials ETF 4.9 42 -21 3.7 -2.7
IDHQ Invesco S&P International Developed High Quality ETF 4.9 29 -8 5.8 -0.6
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 4.9 58 -37 3.8 -2.6
FTAG First Trust Indxx Global Agriculture ETF 4.9 70 -49 7.0 +0.6
FAN First Trust Global Wind Energy ETF 4.8 60 -39 3.0 -3.5
NATO Themes Transatlantic Defense ETF 4.8 35 -14 1.7 -4.7
PRNT 3D Printing ETF 4.8 66 -45 1.5 -5.0
WWJD Inspire International ETF 4.8 80 -59 6.6 +0.1
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 4.8 32 -11 5.4 -1.1
DXIV Dimensional International Vector Equity ETF 4.7 34 -13 6.9 +0.5
GDFN Tema International Defense Innov ETF 4.7 75 -54 2.5 -4.0
VEU Vanguard FTSE All-World ex-US Index Fund 4.6 4 17 7.2 +0.8
GCOW Pacer Global Cash Cows Dividend ETF 4.6 60 -39 9.2 +2.8
DWMF WisdomTree International Multifactor Fund 4.5 38 -17 6.8 +0.4
DTH WisdomTree International High Dividend Fund 4.5 58 -37 7.6 +1.2
KOCG FIS Knights of Columbus Global Belief ETF 4.5 75 -54 4.3 -2.1
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 4.5 80 -59 5.6 -0.9
SHLD Global X Defense Tech ETF 4.4 50 -29 2.4 -4.0
VYMI Vanguard International High Dividend Yield ETF 4.4 17 4 8.4 +2.0
CLOD Themes Cloud Computing ETF 4.4 35 -14 3.5 -2.9
IXUS iShares Core MSCI Total International Stock ETF 4.4 7 14 7.0 +0.6
VSGX Vanguard ESG International Stock ETF 4.3 10 11 7.1 +0.7
VXUS Vanguard Total International Stock ETF 4.3 5 16 7.1 +0.7
PCGG Polen Capital Global Growth ETF 4.2 85 -64 3.9 -2.5
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 4.1 39 -18 6.4 0.0
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 4.0 14 7 5.7 -0.7
VIGI Vanguard International Dividend Appreciation ETF 4.0 10 11 6.2 -0.2
JXI iShares Global Utilities ETF 4.0 43 -22 4.9 -1.5
CGDG Capital Group Dividend Growers ETF 3.9 47 -26 5.3 -1.2
MOTI VanEck Morningstar International Moat ETF 3.8 58 -37 9.5 +3.1
PIEL Pacer International Export Leaders ETF 3.8 60 -39 4.5 -1.9
IPKW Invesco International BuyBack Achievers ETF 3.8 55 -34 8.4 +1.9
DFAX Dimensional World ex U.S. Core Equity 2 ETF 3.7 30 -9 6.8 +0.4
KNO AXS Knowledge Leaders ETF 3.7 78 -57 4.6 -1.8
MOTG VanEck Morningstar Global Wide Moat ETF 3.7 52 -31 7.8 +1.3
TPIF Timothy Plan International ETF 3.7 62 -41 5.8 -0.7
EFAV iShares MSCI EAFE Min Vol Factor ETF 3.7 22 -1 5.7 -0.7
DGT State Street SPDR Global Dow ETF 3.6 50 -29 6.1 -0.4
IDV iShares International Select Dividend ETF 3.5 51 -30 9.4 +3.0
POW VistaShares Electrification Supercycle ETF 3.4 75 -54 2.5 -3.9
FBOT Fidelity Disruptive Automation ETF 3.3 50 -29 3.2 -3.2
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 3.3 80 -59 3.8 -2.6
EFAD ProShares MSCI EAFE Dividend Growers ETF 3.2 50 -29 5.9 -0.5
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 3.2 24 -3 7.1 +0.7
ROBO ROBO Global Robotics & Automation Index ETF 3.2 95 -74 2.8 -3.6
FDRV Fidelity Electric Vehicles and Future Transportation ETF 3.1 39 -18 1.2 -5.2
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 3.1 79 -58 4.1 -2.3
IVAL Alpha Architect International Quantitative Value ETF 3.1 49 -28 7.9 +1.5
AIVI WisdomTree International AI Enhanced Value Fund 3.1 58 -37 6.6 +0.2
XT iShares Exponential Technologies ETF 3.0 46 -25 4.4 -2.1
ICPY Tweedy, Browne International Insider Value ETF 3.0 80 -59 22.7 +16.3
IQDY FlexShares International Quality Dividend Dynamic Index Fund 3.0 47 -26 8.0 +1.6
IXG iShares Global Financials ETF 3.0 42 -21 6.8 +0.4
IXP iShares Global Comm Services ETF 2.9 42 -21 5.6 -0.8
MXI iShares Global Materials ETF 2.9 41 -20 6.2 -0.3
DSTX Distillate International Fundamental Stability & Value ETF 2.9 55 -34 6.8 +0.4
CGGO Capital Group Global Growth Equity ETF 2.9 47 -26 4.6 -1.8
GSIB Themes Global Systemically Important Banks ETF 2.9 35 -14 9.9 +3.5
JIG JPMorgan International Growth ETF 2.9 55 -34 3.9 -2.6
GEW Cambria Global EW ETF 2.8 29 -8 5.6 -0.8
FRGN Horizon International Equity ETF 2.8 75 -54 8.7 +2.3
LOUP Innovator Deepwater Frontier Tech ETF 2.8 70 -49 1.2 -5.3
SCHY Schwab International Dividend Equity ETF 2.8 14 7 8.5 +2.0
IOO iShares Global 100 ETF 2.8 41 -20 4.2 -2.2
BCDF Horizon Kinetics Blockchain Development ETF 2.8 85 -64 3.8 -2.7
ITOL Tema International Durable Quality ETF 2.8 60 -39 5.3 -1.2
DIVS SmartETFs Dividend Builder ETF 2.8 65 -44 4.6 -1.8
JGLO JPMorgan Global Select Equity ETF 2.7 33 -12 4.5 -1.9
DRIV Global X Autonomous & Electric Vehicles ETF 2.7 68 -47 3.9 -2.6
AIQ Global X Artificial Intelligence & Technology ETF 2.6 68 -47 3.5 -2.9
FGD First Trust Dow Jones Global Select Dividend Index Fund 2.6 56 -35 10.3 +3.8
IBAT iShares Energy Storage & Materials ETF 2.6 47 -26 2.1 -4.4
SUPL ProShares Supply Chain Logistics ETF 2.6 58 -37 8.3 +1.8
RCGE RockCreek Global Equality ETF 2.6 95 -74 6.4 -0.0
BLES Inspire Global Hope ETF 2.5 61 -40 6.1 -0.3
KOKU Xtrackers MSCI Kokusai Equity ETF 2.5 9 12 4.7 -1.7
INFL Horizon Kinetics Inflation Beneficiaries ETF 2.5 85 -64 2.7 -3.7
IQDF FlexShares International Quality Dividend Index Fund 2.5 47 -26 8.1 +1.7
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 2.4 25 -4 5.7 -0.7
BINV Brandes International ETF 2.4 70 -49 8.9 +2.5
IGRO iShares International Dividend Growth ETF 2.4 15 6 7.0 +0.6
FDEV Fidelity International Multifactor ETF 2.4 18 3 7.3 +0.9
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 2.4 60 -39 3.3 -3.1
IDLV Invesco S&P International Developed Low Volatility ETF 2.3 25 -4 6.3 -0.1
HART IQ Healthy Hearts ETF 2.3 45 -24 5.7 -0.8
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 2.3 75 -54 6.1 -0.3
WUGI AXS Esoterica NextG Economy ETF 2.3 75 -54 1.8 -4.6
RXI iShares Global Consumer Discretionary ETF 2.3 41 -20 8.1 +1.7
COPY Tweedy, Browne Insider + Value ETF 2.3 80 -59 16.1 +9.7
HAP VanEck Natural Resources ETF 2.3 50 -29 6.7 +0.3
MOO VanEck Agribusiness ETF 2.3 53 -32 8.5 +2.1
IDNA iShares Genomics Immunology and Healthcare ETF 2.3 47 -26 -0.3 -6.7
KLMT Invesco MSCI Global Climate 500 ETF 2.3 10 11 5.4 -1.1
WTAI WisdomTree Artificial Intelligence and Innovation Fund 2.3 45 -24 2.8 -3.7
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 2.3 42 -21 4.3 -2.2
JPIN J.P. Morgan Diversified Return International Equity ETF 2.3 37 -16 7.3 +0.9
TOK iShares MSCI Kokusai ETF 2.3 26 -5 4.6 -1.8
ISHP First Trust Nasdaq Retail ETF 2.3 60 -39 5.3 -1.1
FDTX Fidelity Disruptive Technology ETF 2.2 50 -29 2.2 -4.2
SAGP Strategas Global Policy Opportunities ETF 2.2 65 -44 4.8 -1.6
QWLD SPDR MSCI World StrategicFactors ETF 2.1 30 -9 5.3 -1.1
BAI iShares AI Innovation and Tech Active ETF 2.1 55 -34 1.4 -5.0
URTH iShares MSCI World ETF 2.1 24 -3 4.7 -1.8
GTEK Goldman Sachs Future Tech Leaders Equity ETF 2.0 75 -54 2.6 -3.9
DEW WisdomTree Global High Dividend Fund 1.9 58 -37 7.5 +1.1
AGIX KraneShares Artificial Intelligence and Technology ETF 1.9 99 -78 1.6 -4.9
NXTG First Trust Indxx NextG ETF 1.9 70 -49 4.8 -1.7
CZAR Themes Natural Monopoly ETF 1.9 35 -14 5.4 -1.0
ACWI iShares MSCI ACWI ETF 1.9 32 -11 5.0 -1.4
CARZ First Trust NASDAQ Global Auto Index Fund 1.8 70 -49 3.2 -3.2
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.8 80 -59 7.2 +0.8
IDRV iShares Self-driving EV & Tech ETF 1.8 47 -26 1.4 -5.0
FEOE First Eagle Overseas Equity ETF 1.7 79 -58 6.4 -0.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.7 9 12 5.3 -1.2
VT Vanguard Total World Stock ETF 1.7 6 15 5.4 -1.0
TTAI FCF International Quality ETF 1.6 59 -38 6.6 +0.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.6 20 1 5.1 -1.3
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.6 65 -44 1.6 -4.8
IQM Franklin Intelligent Machines ETF 1.6 50 -29 1.4 -5.1
GINN Goldman Sachs Innovate Equity ETF 1.6 52 -31 4.0 -2.4
VIDI Vident International Equity Strategy ETF 1.6 61 -40 9.0 +2.5
RGEF Rockefeller Global Equity ETF 1.5 55 -34 4.2 -2.3
VCLN Virtus Duff & Phelps Clean Energy ETF 1.5 59 -38 2.7 -3.8
IQRA IQ CBRE Real Assets ETF 1.5 65 -44 5.8 -0.6
FID First Trust S&P International Dividend Aristocrats ETF 1.5 60 -39 8.2 +1.8
FEGE First Eagle Global Equity ETF 1.5 79 -58 6.2 -0.2
ESGG FlexShares STOXX Global ESG Select Index Fund 1.4 42 -21 4.5 -1.9
AGQI First Trust Active Global Quality Income ETF 1.4 85 -64 6.7 +0.3
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.4 72 -51 2.3 -4.2
IGF iShares Global Infrastructure ETF 1.4 41 -20 4.2 -2.2
IXJ iShares Global Healthcare ETF 1.4 42 -21 6.2 -0.2
GII SPDR S&P Global Infrastructure ETF 1.4 40 -19 4.2 -2.2
QTUM Defiance Quantum ETF 1.3 40 -19 5.0 -1.5
GINX SGI Enhanced Global Income ETF 1.3 98 -77 7.1 +0.6
KNCT Invesco Next Gen Connectivity ETF 1.3 40 -19 4.0 -2.4
IXN iShares Global Tech ETF 1.3 41 -20 3.4 -3.0
IPAV Global X Infrastructure Development ex-U.S. ETF 1.2 55 -34 6.2 -0.3
CGUS Capital Group Core Equity ETF 1.2 33 -12 3.8 -2.6
WDIV SPDR S&P Global Dividend ETF 1.2 40 -19 9.5 +3.1
DFIS Dimensional International Small Cap ETF 1.2 39 -18 6.5 +0.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.1 12 9 4.8 -1.7
GLOF iShares Global Equity Factor ETF 1.1 20 1 6.0 -0.4
LST Leuthold Select Industries ETF 1.1 91 -70 5.4 -1.1
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.1 61 -40 1.5 -5.0
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.1 10 11 8.3 +1.9
IFGL iShares International Developed Real Estate ETF 1.1 48 -27 7.1 +0.7
SDG iShares MSCI Global Sustainable Development Goals ETF 1.1 49 -28 4.8 -1.6
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.1 12 9 8.5 +2.0
DIM WisdomTree International MidCap Dividend Fund 1.0 58 -37 6.5 +0.1
ERET iShares Environmentally Aware Real Estate ETF 1.0 30 -9 7.0 +0.5
ACWV iShares MSCI Global Min Vol Factor ETF 1.0 20 1 5.7 -0.8
OGIG ALPS O'Shares Global Internet Giants ETF 1.0 48 -27 2.6 -3.9
WDNA WisdomTree BioRevolution Fund 1.0 45 -24 -2.4 -8.8
ANEW ProShares MSCI Transformational Changes ETF 1.0 45 -24 4.6 -1.8
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 0.9 65 -44 4.3 -2.1
FDRR Fidelity Dividend ETF for Rising Rates 0.9 15 6 6.2 -0.3
FDHT Fidelity Digital Health ETF 0.9 39 -18 1.7 -4.7
HTEC ROBO Global Healthcare Technology and Innovation ETF 0.9 68 -47 2.6 -3.8
MDEV First Trust Indxx Medical Devices ETF 0.9 70 -49 5.0 -1.5
FPAG FPA Global Equity ETF 0.8 49 -28 6.3 -0.2
ISCF iShares International SmallCap Equity Factor ETF 0.8 23 -2 7.6 +1.1
TCAI Tortoise AI Infrastructure ETF 0.8 65 -44 1.8 -4.7
JDOC JPMorgan Healthcare Leaders ETF 0.7 65 -44 3.5 -2.9
GLBL Pacer MSCI World Industry Advantage ETF 0.7 65 -44 3.8 -2.6
JSTC Adasina Social Justice All Cap Global ETF 0.7 89 -68 4.8 -1.6
DISV Dimensional International Small Cap Value ETF 0.7 42 -21 8.6 +2.2
FDNI First Trust Dow Jones International Internet ETF 0.7 65 -44 21.9 +15.5
WLDR Affinity World Leaders Equity ETF 0.6 67 -46 6.7 +0.3
TMFG Motley Fool Global Opportunities ETF 0.6 85 -64 4.0 -2.5
GKAT Scharf Global Opportunity ETF 0.6 57 -36 6.0 -0.4
KXI iShares Global Consumer Staples ETF 0.5 41 -20 5.1 -1.3
DRNZ REX Drone ETF 0.5 65 -44 -1.6 -8.0
AGNG Global X Aging Population ETF 0.5 50 -29 4.2 -2.3
AQLT iShares MSCI Global Quality Factor ETF 0.4 18 3 0.0 -6.4
APIE ActivePassive International Equity ETF 0.4 45 -24 6.7 +0.3
IBUY Amplify Online Retail ETF 0.3 65 -44 2.4 -4.1
BUYZ Franklin Disruptive Commerce ETF 0.3 50 -29 2.4 -4.0
FINE Themes European Luxury ETF 0.3 35 -14 3.7 -2.7
CGGR Capital Group Growth ETF 0.3 39 -18 2.7 -3.8
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 -28 6.3 -0.1
RVRB Reverb ETF 0.1 30 -9 4.2 -2.2
FNDC Schwab Fundamental International Small Co. Index ETF 0.1 39 -18 7.2 +0.8
WSGE Warren Street Global Equity ETF 0.0 80 -59 3.1 -3.3
TEKX SPDR Galaxy Transformative Tech Accelerators ETF 0.0 65 -44 0.0 -6.4

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 1.9 x
Less: Expense ratio 21 bp
Equals: ALTAR Score 6.4 %
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.