Global X DAX Germany ETF
ALTAR
Score™
6.4% info Recommen-
dation
NEUTRAL
2021E    2022E
P/E
ratio
16.2x P/Sales
ratio
1.1x
P/BV
ratio
1.7x Div.
yield
2.7%


  • 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) $40
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 No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 30
Wgt avg mkt cap (mns) $94,395
Large cap (>$10bn) 98.9%
Mid cap ($2-10bn) 0.0%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
PRAXAIR INC 10.4 %
SAP AG 10.0 %
SIEMENS AG-REG 8.8 %
ALLIANZ SE-REG 7.2 %
BASF SE 5.3 %
DAIMLER AG-REGISTERED SHARES 5.1 %
DEUTSCHE TELEKOM AG 4.5 %
BAYER AG 4.5 %
ADIDAS AG 4.2 %
DEUTSCHE POST AG-REG 4.1 %
Total 64.2 %

TOP COUNTRY EXPOSURE
GERMANY 88.9 %
BRITAIN 10.4 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru April 30)
Year-to-date 1 year 5 years 10 years Since Incep.
9.0% 51.2% 8.9% -- 6.4%

Market Correlations
versus... Beta R-squared
S&P500 1.00 69%
MSCI EAFE 1.13 85%
MSCI Emg. Mkts. 0.84 58%

Technical Indicators
Recent close $33.94
30d moving avg. $33.66
Annualized volatility 22.4%
Short interest (ETF) 1.7%
Relative strength (RSI) 63

Liquidity measures
Avg. volume (thou.) 9
Turnover 0.8%
Bid/Ask (% of price) 0.56%
ADV underlying (mns) $5,928

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 327 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
(%)
ZDEU SPDR Solactive Germany ETF 84.5 14 7 0.0 -6.4
FLGR Franklin FTSE Germany ETF 80.7 9 12 6.5 +0.1
EWG iShares MSCI Germany ETF 80.3 51 -30 6.0 -0.4
DBGR Xtrackers MSCI Germany Hedged Equity ETF 79.7 45 -24 6.1 -0.3
DXGE WisdomTree Germany Hedged Equity Fund 59.5 48 -27 7.3 +0.9
HEWG iShares Currency Hedged MSCI Germany ETF 40.4 53 -32 6.1 -0.3
FGM First Trust Germany AlphaDEX Fund 29.6 80 -59 5.5 -0.9
FEZ SPDR EURO STOXX 50 ETF 28.7 29 -8 5.5 -0.9
EZU iShares MSCI Eurozone ETF 22.8 51 -30 5.5 -0.9
EURZ Xtrackers Eurozone Equity ETF 22.7 9 12 5.8 -0.6
HEDJ WisdomTree Europe Hedged Equity Fund 22.7 58 -37 5.4 -1.0
DFAI Dimensional International Core Equity Market ETF 22.3 18 3 6.0 -0.4
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 20.8 47 -26 5.5 -0.9
HDEF Xtrackers MSCI EAFE High Dividend Yield Hedged Equity ETF 13.9 20 1 8.0 +1.6
EUDG WisdomTree Europe Quality Dividend Growth Fund 12.8 58 -37 5.9 -0.5
FEUZ First Trust Eurozone AlphaDEX ETF 12.7 80 -59 7.4 +1.0
IEV iShares Europe ETF 12.3 59 -38 5.7 -0.7
BBEU JPMorgan BetaBuilders Europe ETF 12.1 9 12 6.2 -0.2
DBEU Xtrackers MSCI Europe Hedged Equity ETF 12.0 46 -25 5.7 -0.7
FLEE Franklin FTSE Europe ETF 11.8 9 12 6.0 -0.4
FLEH Franklin FTSE Europe Hedged ETF 11.8 9 12 6.1 -0.3
EUFN iShares MSCI Europe Financials ETF 11.7 48 -27 9.7 +3.3
IDOG ALPS International Sector Dividend Dogs ETF 11.5 50 -29 7.8 +1.4
HEZU iShares Currency Hedged MSCI Eurozone ETF 11.5 54 -33 5.4 -1.0
LUXE Emles Luxury Goods ETF 11.2 60 -39 1.5 -4.9
DOL WisdomTree International LargeCap Dividend Fund 11.2 48 -27 6.7 +0.3
IQIN IQ 500 International ETF 10.9 25 -4 7.0 +0.6
CARZ First Trust NASDAQ Global Auto Index Fund 10.7 70 -49 9.1 +2.7
FMAT Fidelity MSCI Materials Index ETF 10.7 8 13 4.8 -1.6
IDRV iShares Self-driving EV & Tech ETF 10.6 47 -26 5.3 -1.1
VGK Vanguard FTSE Europe ETF 10.6 8 13 6.1 -0.3
OEUR O'shares FTSE Europe Quality Dividend ETF 10.5 48 -27 4.6 -1.8
EKAR Innovation Shares NextGen Vehicles & Technology ETF 10.3 95 -74 4.9 -1.5
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 10.3 70 -49 3.5 -2.9
IEUR iShares Core MSCI Europe ETF 10.3 9 12 6.0 -0.4
DTH WisdomTree International High Dividend Fund 10.2 58 -37 8.0 +1.6
EFV iShares MSCI EAFE Value ETF 10.2 39 -18 7.8 +1.4
IGRO iShares International Dividend Growth ETF 10.2 15 6 6.6 +0.2
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 10.1 25 -4 5.7 -0.7
FTAG First Trust Indxx Global Agriculture ETF 10.0 70 -49 4.7 -1.7
SPEU SPDR Portfolio Europe ETF 10.0 9 12 6.0 -0.4
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 9.0 45 -24 6.9 +0.5
NUDM Nuveen ESG International Developed Markets Equity ETF 8.8 40 -19 5.6 -0.8
IQSI IQ Candriam ESG International Equity ETF 8.6 15 6 6.0 -0.4
DWM WisdomTree International Equity Fund 8.5 48 -27 6.7 +0.3
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 8.4 20 1 8.9 +2.5
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 8.3 40 -19 6.8 +0.4
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 8.0 20 1 5.9 -0.5
JHMD John Hancock Multifactor Developed International ETF 7.9 39 -18 6.1 -0.3
ISDX Invesco RAFI Strategic Developed ex-US ETF 7.9 23 -2 6.0 -0.4
VIGI Vanguard International Dividend Appreciation ETF 7.8 20 1 4.8 -1.6
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 7.7 36 -15 5.9 -0.5
GSID Goldman Sachs MarketBeta International Equity ETF 7.6 20 1 6.0 -0.4
FEP First Trust Europe AlphaDEX Fund 7.6 80 -59 7.0 +0.6
ESGD iShares MSCI EAFE ESG Optimized ETF 7.6 20 1 6.0 -0.4
EFA iShares MSCI EAFE ETF 7.6 32 -11 5.9 -0.5
IVLU iShares Edge MSCI Intl Value Factor ETF 7.5 30 -9 9.3 +2.9
DOO WisdomTree International Dividend ex-Financials Fund 7.4 58 -37 7.2 +0.8
FNDF Schwab Fundamental International Large Co. Index ETF 7.3 25 -4 7.3 +0.9
DMXF iShares ESG Advanced MSCI EAFE ETF 7.2 12 9 5.7 -0.7
HFXI IQ 50 Percent Hedged FTSE International ETF 7.2 20 1 6.2 -0.2
EUDV ProShares MSCI Europe Dividend Growers ETF 7.2 56 -35 4.8 -1.6
HJEN Direxion Hydrogen ETF 7.1 45 -24 -0.0 -6.4
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 7.1 14 7 5.7 -0.7
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 6.9 7 14 6.2 -0.2
ICOW Pacer Developed Markets International Cash Cows 100 ETF 6.9 65 -44 9.6 +3.2
MOTO SmartETFs Smart Transportation & Technology ETF 6.8 68 -47 5.3 -1.1
FIVA Fidelity International Value Factor ETF 6.7 39 -18 7.9 +1.5
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 6.7 35 -14 5.8 -0.6
VYMI Vanguard International High Dividend Yield ETF 6.7 27 -6 8.6 +2.2
BKIE BNY Mellon International Equity ETF 6.6 4 17 6.3 -0.1
JHMA John Hancock Multifactor Materials ETF 6.5 40 -19 4.9 -1.5
IEFA iShares Core MSCI EAFE ETF 6.4 7 14 6.1 -0.3
SCHF Schwab International Equity ETF 6.4 6 15 6.2 -0.2
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 6.4 47 -26 5.1 -1.3
FICS First Trust International Developed Capital Strength ETF 6.2 70 -49 4.6 -1.8
PDEV Principal International Multi-Factor Core Index ETF 6.2 25 -4 6.5 +0.1
IMTM iShares Edge MSCI Intl Momentum Factor ETF 6.2 30 -9 3.9 -2.5
UIVM VictoryShares USAA MSCI International Value Momentum ETF 6.0 35 -14 7.5 +1.1
IDEV iShares Core MSCI International Developed Markets ETF 5.9 5 16 6.0 -0.4
VEA Vanguard FTSE Developed Markets ETF 5.6 5 16 6.2 -0.2
EFAD ProShares MSCI EAFE Dividend Growers ETF 5.5 51 -30 4.8 -1.6
GSIE Goldman Sachs ActiveBeta International Equity ETF 5.5 25 -4 5.8 -0.6
LEGR First Trust Indxx Innovative Transaction & Process ETF 5.4 65 -44 8.1 +1.7
SPDW SPDR Portfolio Developed World ex-US ETF 5.4 4 17 5.9 -0.5
GCOW Pacer Global High Dividend ETF 5.4 60 -39 9.4 +3.0
CWI SPDR MSCI ACWI ex-US ETF 5.3 30 -9 6.0 -0.4
SDGA Impact Shares Sustainable Development Goals Global ETF 5.1 75 -54 5.3 -1.1
AIIQ AI Powered International Equity ETF 5.1 79 -58 3.5 -2.9
FDD First Trust Stoxx European Select Dividend Index Fund 4.9 58 -37 8.3 +1.9
QEFA SPDR MSCI EAFE Quality Mix ETF 4.9 30 -9 5.8 -0.6
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 4.9 39 -18 5.6 -0.8
RBIN Nationwide Risk-Based International Equity ETF 4.8 42 -21 5.7 -0.7
EFG iShares MSCI EAFE Growth ETF 4.8 40 -19 3.9 -2.5
RNDM First Trust Developed International Equity Select ETF 4.8 65 -44 5.3 -1.1
ACWX iShares MSCI ACWI ex U.S. ETF 4.8 32 -11 6.1 -0.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 4.7 41 -20 6.0 -0.4
HDRO Defiance Next Gen H2 ETF 4.7 30 -9 -10.9 -17.3
RFEU First Trust Riverfront Dynamic Europe ETF 4.7 83 -62 4.7 -1.7
VEU Vanguard FTSE All-World ex-US Index Fund 4.6 8 13 6.4 +0.0
MOO VanEck Vectors Agribusiness ETF 4.6 56 -35 4.0 -2.4
DGT SPDR Global Dow ETF 4.5 50 -29 6.0 -0.4
VWID Virtus WMC International Dividend ETF 4.5 49 -28 7.1 +0.7
IQLT iShares Edge MSCI Intl Quality Factor ETF 4.5 30 -9 5.1 -1.3
IQDY FlexShares International Quality Dividend Dynamic Index Fund 4.5 47 -26 8.4 +2.0
AIQ Global X Future Analytics Tech ETF 4.5 68 -47 3.4 -3.0
ACSG Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF 4.3 16 5 5.8 -0.6
CIL VictoryShares International Volatility Weighted Index ETF 4.2 45 -24 5.9 -0.5
DRIV Global X Autonomous & Electric Vehicles ETF 4.2 68 -47 4.4 -2.0
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 4.2 45 -24 5.9 -0.5
AVDE Avantis International Equity ETF 4.2 23 -2 6.5 +0.1
VXUS Vanguard Total International Stock ETF 4.2 8 13 6.3 -0.1
IQDG WisdomTree International Quality Dividend Growth Fund 4.2 42 -21 5.9 -0.5
PQIN PGIM QMA Strategic Alpha International Equity ETF 4.2 29 -8 6.7 +0.3
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 4.1 58 -37 5.8 -0.6
MOTI VanEck Vectors Morningstar International Moat ETF 4.1 58 -37 7.6 +1.2
IXUS ishares Core MSCI Total International Stock ETF 4.1 9 12 6.2 -0.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 4.0 39 -18 6.5 +0.2
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 4.0 80 -59 5.5 -0.9
RXI iShares Global Consumer Discretionary ETF 4.0 46 -25 3.7 -2.7
RESD WisdomTree International ESG Fund 3.9 30 -9 5.9 -0.5
JIG JPMorgan International Growth ETF 3.9 55 -34 2.5 -3.9
TTAI TrimTabs All Cap International Free-Cash-Flow ETF 3.9 61 -40 4.4 -2.0
VSGX Vanguard ESG International Stock ETF 3.8 17 4 6.1 -0.3
HEFA iShares Currency Hedged MSCI EAFE ETF 3.8 35 -14 5.9 -0.5
BNE Blue Horizon BNE ETF 3.8 87 -66 2.9 -3.5
DEFA iShares Adaptive Currency Hedged MSCI EAFE ETF 3.8 35 -14 5.9 -0.5
EXI iShares Global Industrials ETF 3.8 46 -25 4.3 -2.1
RTM Invesco S&P 500 Equal Weight Materials ETF 3.8 40 -19 4.5 -1.9
MXI iShares Global Materials ETF 3.7 45 -24 4.8 -1.6
IOO iShares Global 100 ETF 3.7 40 -19 4.7 -1.7
IDLV Invesco S&P International Developed Low Volatility ETF 3.6 25 -4 5.7 -0.7
DIVS SmartETFs Dividend Builder ETF 3.6 65 -44 5.4 -1.0
GDVD Principal Active Global Dividend Income ETF 3.6 58 -37 0.0 -6.4
JXI iShares Global Utilities ETF 3.5 46 -25 5.4 -1.0
DRW WisdomTree Global ex-US Real Estate Fund 3.5 58 -37 8.9 +2.5
VNQI Vanguard Global ex-U.S. Real Estate ETF 3.5 12 9 8.6 +2.2
HAUZ Xtrackers International Real Estate ETF 3.5 10 11 7.4 +1.0
WPS iShares International Developed Property ETF 3.5 48 -27 6.3 -0.1
IFGL iShares International Developed Real Estate ETF 3.5 48 -27 6.2 -0.2
CID VictoryShares Intl High Dividend Volatility Wtd Index ETF 3.5 45 -24 8.0 +1.6
FIDI Fidelity International High Dividend ETF 3.4 39 -18 8.0 +1.6
VIDI Vident International Equity Fund 3.4 59 -38 8.7 +2.3
KOIN Innovation Shares NextGen Protocol ETF 3.4 95 -74 3.8 -2.6
SULR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 3.4 79 -58 4.1 -2.3
FDT First Trust Developed Markets ex-US Alphadex Fund 3.2 80 -59 7.5 +1.1
RFDI First Trust Riverfront Dynamic Developed International ETF 3.2 83 -62 5.0 -1.4
DMDV AAM S&P Developed Markets High Dividend Value ETF 3.2 39 -18 8.6 +2.2
FPXE First Trust IPOX Europe Equity Opportunities ETF 3.2 70 -49 2.3 -4.1
IQDE FlexShares International Quality Dividend Defensive Index ET 3.2 47 -26 7.7 +1.3
XT iShares Exponential Technologies ETF 3.1 47 -26 4.6 -1.8
BFIT Global X Health & Wellness ETF 3.1 50 -29 3.8 -2.6
FFR First Trust FTSE EPRA/NAREIT Developed Markets Real Estate 3.1 60 -39 5.5 -0.9
IDMO Invesco S&P International Developed Momentum ETF 3.1 25 -4 3.6 -2.8
PIZ Invesco DWA Developed Markets Momentum ETF 2.9 80 -59 3.5 -2.9
ISZE iShares Edge MSCI Intl Size Factor ETF 2.9 30 -9 5.8 -0.6
DWMF WisdomTree International Multifactor Fund 2.8 38 -17 6.0 -0.4
WLDR Affinity World Leaders Equity ETF 2.8 47 -26 7.7 +1.3
RODE Hartford Multifactor Diversified International ETF 2.8 29 -8 9.4 +3.1
RODM Hartford Multifactor Developed Markets (ex-US) ETF 2.8 29 -8 7.0 +0.7
LVHI Legg Mason International Low Volatility High Dividend ETF 2.7 40 -19 8.1 +1.7
TPIF Timothy Plan International ETF 2.7 62 -41 5.6 -0.8
FDEV Fidelity Targeted International Factor ETF 2.7 39 -18 5.6 -0.8
DEW WisdomTree Global High Dividend Fund 2.6 58 -37 8.0 +1.6
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 2.6 68 -47 4.6 -1.8
IXG iShares Global Financials ETF 2.6 46 -25 7.9 +1.5
IQDF FlexShares International Quality Dividend Index Fund 2.5 47 -26 7.8 +1.4
KOKU Xtrackers MSCI Kokusai Equity ETF 2.5 9 12 4.9 -1.5
ESGG FlexShares STOXX Global ESG Impact Index Fund 2.5 42 -21 4.7 -1.7
TOK iShares MSCI Kokusai ETF 2.5 25 -4 4.8 -1.6
KLDW Gavekal Knowledge Leaders Developed World ETF 2.4 75 -54 4.0 -2.4
HAWX iShares Currency Hedged MSCI ACWI ex U.S. ETF 2.4 35 -14 6.2 -0.2
URTH iShares MSCI World ETF 2.4 24 -3 4.9 -1.5
YLDE ClearBridge Dividend Strategy ESG ETF 2.3 60 -39 4.4 -2.0
IDHD Invesco S&P Intl Developed High Dividend Low Volatility ETF 2.3 30 -9 7.4 +1.0
SPHQ Invesco S&P 500 Quality ETF 2.2 15 6 4.4 -2.0
EFAS Global X MSCI SuperDividend EAFE ETF 2.2 56 -35 7.4 +1.0
DSTX Distillate International Fundamental Stability & Value ETF 2.2 55 -34 6.5 +0.1
GII SPDR S&P Global Infrastructure ETF 2.2 40 -19 3.9 -2.5
IGF iShares Global Infrastructure ETF 2.2 46 -25 3.9 -2.5
NKEF Sample Portfolio 2.2 0 21 3.6 -2.8
INFL Horizon Kinetics Inflation Beneficiaries ETF 2.2 85 -64 3.4 -3.0
KEMQ Kraneshares Emerging Markets Consumer Technology Index ETF 2.2 60 -39 1.8 -4.6
IWFH iShares Virtual Work and Life Multisector ETF 2.2 47 -26 0.5 -5.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 2.2 20 1 5.2 -1.2
LOWC SPDR MSCI ACWI Low Carbon Target ETF 2.2 20 1 5.3 -1.1
JSTC Adasina Social Justice All Cap Global ETF 2.1 89 -68 5.0 -1.4
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Id 2.1 32 -11 5.5 -0.9
QWLD SPDR MSCI World StrategicFactors ETF 2.1 30 -9 5.2 -1.2
ACWI iShares MSCI ACWI ETF 2.0 32 -11 5.0 -1.4
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 2.0 86 -65 2.4 -4.0
JPIN JPMorgan Diversified Return International Equity ETF 2.0 37 -16 6.8 +0.5
OGIG O'Shares Global Internet Giants ETF 2.0 48 -27 1.1 -5.3
IDLB Invesco FTSE International Low Beta Equal Weight ETF 2.0 45 -24 5.7 -0.7
EFAV iShares Edge MSCI Min Vol EAFE ETF 2.0 20 1 4.9 -1.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.9 9 12 5.0 -1.4
FXZ First Trust Materials AlphaDEX Fund 1.9 67 -46 6.1 -0.3
GOAT VanEck Vectors Morningstar Global Wide Moat ETF 1.9 52 -31 4.8 -1.6
NXTG First Trust Indxx NextG ETF 1.9 70 -49 5.2 -1.2
DWX SPDR S&P International Dividend ETF 1.9 45 -24 16.7 +10.3
FAN First Trust Global Wind Energy ETF 1.9 62 -41 4.1 -2.3
IXJ iShares Global Healthcare ETF 1.9 46 -25 6.0 -0.4
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde 1.8 70 -49 3.4 -3.0
FDRR Fidelity Dividend ETF for Rising Rates 1.8 29 -8 6.1 -0.3
XBUY Amplify International Online Retail ETF 1.8 69 -48 -1.6 -8.0
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 1.8 24 -3 6.4 +0.0
VT Vanguard Total World Stock ETF 1.8 8 13 5.2 -1.2
IMFL Invesco International Developed Dynamic Multifactor ETF 1.8 34 -13 6.9 +0.5
IXN iShares Global Tech ETF 1.7 46 -25 3.8 -2.6
HART IQ Healthy Hearts ETF 1.7 45 -24 4.5 -1.9
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.6 59 -38 10.3 +3.9
PWV Invesco Dynamic Large Cap Value ETF 1.6 56 -35 6.2 -0.2
FYLD Cambria Foreign Shareholder Yield ETF 1.6 59 -38 6.6 +0.2
NOBL ProShares S&P 500 Dividend Aristocrats ETF 1.6 35 -14 5.0 -1.4
FDVV Fidelity Core Dividend ETF 1.6 29 -8 6.1 -0.3
IDNA iShares Genomics Immunology & Healthcare ETF 1.6 47 -26 -2.8 -9.2
FDNI First Trust Dow Jones International Internet ETF 1.5 65 -44 1.8 -4.6
INFR Legg Mason Global Infrastructure ETF 1.4 40 -19 5.0 -1.4
QINT American Century Quality Diversified International ETF 1.3 39 -18 6.2 -0.2
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 1.3 50 -29 3.5 -2.9
IXP iShares Global Comm Services ETF 1.3 46 -25 4.9 -1.5
HUSV First Trust Horizon Managed Volatility Domestic ETF 1.3 70 -49 4.8 -1.6
THNQ ROBO Global Artificial Intelligence ETF 1.3 68 -47 1.8 -4.6
HLAL Wahed FTSE USA Shariah ETF 1.2 50 -29 4.0 -2.4
BMED BlackRock Future Health ETF 1.2 85 -64 -1.0 -7.4
BUYZ Franklin Disruptive Commerce ETF 1.2 50 -29 -0.2 -6.6
SDG iShares Sustainable MSCI Global Impact ETF 1.2 49 -28 5.3 -1.1
GQRE FlexShares Global Quality Real Estate Index Fund 1.2 45 -24 5.8 -0.6
RWX SPDR Dow Jones International Real Estate ETF 1.2 59 -38 5.4 -1.0
RWO SPDR Dow Jones Global Real Estate ETF 1.2 50 -29 5.4 -1.0
IQM Franklin Intelligent Machines ETF 1.1 50 -29 1.8 -4.6
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 1.1 60 -39 4.8 -1.6
PID Invesco International Dividend Achievers ETF 1.1 53 -32 6.2 -0.2
PRNT The 3D Printing ETF 1.1 66 -45 0.5 -5.9
GLIF AGFiQ Global Infrastructure ETF 1.1 45 -24 4.3 -2.1
IVAL Alpha Architect International Quantitative Value ETF 1.1 59 -38 7.6 +1.2
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 1.1 25 -4 5.4 -1.0
AGNG Global X Aging Population ETF 1.1 50 -29 3.1 -3.3
EQWL Invesco Russell Top 200 Equal Weight ETF 1.1 25 -4 5.5 -0.9
BTEK BlackRock Future Tech ETF 1.1 88 -67 -0.3 -6.6
PEXL Pacer US Export Leaders ETF 1.1 60 -39 3.8 -2.6
DEF Invesco Defensive Equity ETF 1.0 53 -32 5.0 -1.4
SPLV Invesco S&P 500 Low Volatility ETF 1.0 25 -4 5.4 -1.0
ALTL Pacer Lunt Large Cap Alternator ETF 1.0 60 -39 4.5 -1.9
ICLN iShares Global Clean Energy ETF 1.0 46 -25 3.5 -2.9
FPXI First Trust International Equity Opportunities ETF 1.0 70 -49 2.1 -4.3
ACWV iShares MSCI Global Min Vol Factor ETF 1.0 20 1 5.3 -1.1
ROBO Robo Global Robotics & Automation Index ETF 1.0 95 -74 2.4 -4.0
FID First Trust S&P International Dividend Aristocrats ETF 1.0 60 -39 8.2 +1.8
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 1.0 75 -54 7.3 +0.9
FLLV Franklin Liberty U.S. Low Volatility ETF 1.0 29 -8 4.7 -1.7
PLAT WisdomTree Modern Tech Platforms Fund 0.9 20 1 1.3 -5.1
RAFE PIMCO RAFI ESG U.S. ETF 0.9 30 -9 6.3 -0.1
JEPI JPMorgan Equity Premium Income ETF 0.9 35 -14 4.7 -1.7
SCHG Schwab U.S. Large-Cap Growth ETF 0.9 4 17 3.3 -3.1
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.9 10 11 4.7 -1.7
ACIO Aptus Collared Income Opportunity ETF 0.9 79 -58 3.8 -2.6
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.9 49 -28 3.7 -2.7
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.8 65 -44 1.6 -4.8
IBUY Amplify Online Retail ETF 0.8 65 -44 -0.4 -6.8
JOET Virtus Terranova US Quality Momentum ETF 0.8 29 -8 4.2 -2.2
WDIV SPDR Global Dividend ETF 0.7 40 -19 8.4 +2.0
JMIN JPMorgan U.S. Minimum Volatility ETF 0.7 12 9 5.2 -1.2
ACVF American Conservative Values ETF 0.7 75 -54 4.0 -2.4
GIGE SoFi Gig Economy ETF 0.6 59 -38 -0.6 -7.0
IQSU IQ Candriam ESG US Equity ETF 0.6 9 12 4.6 -1.8
INTF iShares Edge MSCI Multifactor Intl ETF 0.6 30 -9 7.1 +0.7
WWJD Inspire International ESG ETF 0.6 80 -59 5.1 -1.3
FDMO Fidelity Momentum Factor ETF 0.6 29 -8 2.8 -3.6
SPXT ProShares S&P 500 Ex-Technology ETF 0.6 27 -6 4.7 -1.7
FQAL Fidelity Quality Factor ETF 0.6 29 -8 4.8 -1.6
SNPE Xtrackers S&P 500 ESG ETF 0.6 10 11 4.7 -1.7
JOYY Infusive Compounding Global Equities ETF 0.6 50 -29 3.6 -2.8
FDLO Fidelity Low Volatility Factor ETF 0.6 29 -8 4.3 -2.1
BKLC BNY Mellon US Large Cap Core Equity ETF 0.5 0 21 4.6 -1.8
KXI iShares Global Consumer Staples ETF 0.5 46 -25 4.8 -1.6
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.5 20 1 4.6 -1.8
ADME Aptus Drawdown Managed Equity ETF 0.5 79 -58 3.4 -3.0
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.5 15 6 4.7 -1.7
SPXN ProShares S&P 500 Ex-Financials ETF 0.5 27 -6 4.3 -2.1
SPXV ProShares S&P 500 Ex-Health Care ETF 0.5 27 -6 4.2 -2.2
XVV iShares ESG Screened S&P 500 ETF 0.5 8 13 4.7 -1.7
ILCV iShares Morningstar Value ETF 0.5 4 17 5.8 -0.6
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.5 19 2 5.0 -1.4
ANEW ProShares MSCI Transformational Changes ETF 0.5 45 -24 2.7 -3.7
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.5 18 3 5.6 -0.8
SPXE ProShares S&P 500 Ex-Energy ETF 0.5 27 -6 4.6 -1.8
CATH Global X S&P 500 Catholic Values Custom ETF 0.4 29 -8 4.3 -2.1
PBP Invesco S&P 500 BuyWrite ETF 0.4 49 -28 4.2 -2.2
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.4 7 14 4.6 -1.8
XYLG Global X S&P 500 Covered Call & Growth ETF 0.4 60 -39 4.3 -2.1
IUS Invesco Strategic US ETF 0.4 19 2 5.0 -1.4
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.4 2 19 4.6 -1.8
PBUS Invesco PureBeta MSCI USA ETF 0.4 4 17 4.6 -1.8
ILCB iShares Morningstar U.S. Equity ETF 0.4 3 18 4.5 -1.9
GENY Principal Millennials Index ETF 0.4 45 -24 3.1 -3.3
SCHX Schwab U.S. Large-Cap ETF 0.4 3 18 4.6 -1.8
SCHK Schwab 1000 Index ETF 0.4 5 16 4.5 -1.9
DIM WisdomTree International MidCap Dividend Fund 0.4 58 -37 6.6 +0.2
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 0.4 17 4 5.4 -1.0
PRF Invesco FTSE RAFI US 1000 ETF 0.4 39 -18 5.6 -0.8
SCHB Schwab U.S. Broad Market ETF 0.4 3 18 4.4 -2.0
RBUS Nationwide Risk-Based U.S. Equity ETF 0.3 30 -9 4.9 -1.5
ILCG iShares Morningstar Growth ETF 0.3 4 17 3.2 -3.2
HIPR Direxion High Growth ETF 0.3 40 -19 4.0 -2.4
DFAU Dimensional US Core Equity Market ETF 0.3 12 9 4.7 -1.7
BLES Inspire Global Hope Large Cap ETF 0.3 52 -31 4.7 -1.7
FNDX Schwab Fundamental U.S. Large Co. Index ETF 0.3 25 -4 5.4 -1.0
USLB Invesco Russell 1000 Low Beta Equal Weight ETF 0.3 35 -14 4.8 -1.6
EQAL Invesco Russell 1000 Equal Weight ETF 0.3 20 1 4.8 -1.6
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 0.3 25 -4 4.7 -1.7
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.2 25 -4 5.3 -1.1
JHML John Hancock Multifactor Large Cap ETF 0.2 29 -8 4.7 -1.7
AVUS Avantis U.S. Equity ETF 0.2 15 6 4.8 -1.6
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.2 75 -54 2.3 -4.1
RWL Invesco S&P 500 Revenue ETF 0.2 39 -18 5.6 -0.8
HAP VanEck Vectors Natural Resources ETF 0.2 50 -29 4.6 -1.8
RSP Invesco S&P 500 Equal Weight ETF 0.2 20 1 5.0 -1.4
VFLQ Vanguard U.S. Liquidity Factor ETF 0.2 14 7 3.3 -3.1
MXDU Nationwide Maximum Diversification US Core Equity ETF 0.2 34 -13 4.2 -2.2
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 0.2 29 -8 5.9 -0.5
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 0.1 17 4 5.3 -1.1
GSPY Gotham Enhanced 500 ETF 0.1 50 -29 4.6 -1.8
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.1 29 -8 5.0 -1.4
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 -28 4.3 -2.1
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.1 30 -9 5.4 -1.0
RVRS Reverse Cap Weighted U.S. Large Cap ETF 0.0 29 -8 5.1 -1.3

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

  2016 2017 2018 2019 2020 2021E 2022E
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
  2020 2021E 2022E
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 10.9 %
Divided by: Fwd. P/BV 1.6 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
1.40 CATEGORY
AVERAGE
1.52
 
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.