Global X DAX Germany ETF
ALTAR
Score™		 6.8% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 15.8x P/Sales
ratio		 1.3x
P/BV
ratio		 1.8x Div.
yield		 2.5%


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

FUND BASICS
Category International Equities
Fund Sponsor Global X Management Co LLC
Website www.globalxfunds.com
Inception date Oct 22, 2014
Assets (mns) $204
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) $127,007
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 13.3 %
SIEMENS AG-REG 10.7 %
ALLIANZ SE-REG 8.4 %
DEUTSCHE TELEKOM AG 7.4 %
EADS NV 6.1 %
MUENCHENER RUECKVER AG-REG 4.8 %
RHEINMETALL AG 3.7 %
DEUTSCHE BOERSE AG 3.1 %
BASF SE 2.9 %
INFINEON TECHNOLOGIES AG 2.8 %
Total 63.2 %

TOP COUNTRY EXPOSURE
GERMANY 92.9 %
NETHERLANDS 6.5 %









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.
14.0% 18.4% 11.1% 5.3% 6.2%

Market Correlations
versus... Beta R-squared
S&P500 1.06 64%
MSCI EAFE 1.26 92%
MSCI Emg. Mkts. 1.00 58%

Technical Indicators
Recent close $39.38
30d moving avg. $39.52
Annualized volatility 22.7%
Short interest (ETF) 1.4%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 328
Turnover 6.3%
Bid/Ask (% of price) 0.34%
ADV underlying (mns) $2,242

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 300 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™: 6.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH DAX
Ticker Fund
Name		 Overlap1
vs DAX
(%)		 Expense
ratio
(bp)		 Savings
vs DAX
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs DAX
(%)
EWG iShares MSCI Germany ETF 91.5 50 -29 6.5 -0.3
FLGR Franklin FTSE Germany ETF 79.2 9 12 6.8 +0.1
FGM First Trust Germany AlphaDEX Fund 41.4 80 -59 9.0 +2.3
FEZ SPDR EURO STOXX 50 ETF 28.9 29 -8 7.2 +0.4
EZU iShares MSCI Eurozone ETF 27.4 52 -31 6.8 +0.0
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 27.1 45 -24 6.6 -0.1
HEDJ WisdomTree Europe Hedged Equity Fund 23.3 58 -37 6.6 -0.2
FEUZ First Trust Eurozone AlphaDEX ETF 16.8 80 -59 9.2 +2.4
DTAN Sparkline International Intangible Value ETF 16.3 55 -34 7.2 +0.5
OEUR ALPS O'Shares Europe Quality Dividend ETF 15.2 48 -27 5.9 -0.8
DBEU Xtrackers MSCI Europe Hedged Equity ETF 15.0 46 -25 6.8 0.0
BBEU JPMorgan BetaBuilders Europe ETF 14.7 9 12 7.2 +0.5
IEV iShares Europe ETF 14.7 67 -46 6.9 +0.2
EUFN iShares MSCI Europe Financials ETF 14.7 51 -30 8.5 +1.7
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 13.7 25 -4 7.2 +0.5
OSEA Harbor International Compounders ETF 13.5 55 -34 4.7 -2.1
FLEE Franklin FTSE Europe ETF 13.2 9 12 7.0 +0.3
IEUR iShares Core MSCI Europe ETF 13.0 11 10 7.4 +0.6
IDMO Invesco S&P International Developed Momentum ETF 12.8 25 -4 5.7 -1.1
VGK Vanguard FTSE Europe ETF 12.8 11 10 7.5 +0.7
SPEU SPDR Portfolio Europe ETF 12.5 7 14 7.5 +0.7
CLNR IQ Cleaner Transport ETF 12.5 45 -24 7.3 +0.5
IMOM Alpha Architect International Quantitative Momentum ETF 12.2 49 -28 4.8 -2.0
SHPP Pacer Industrials and Logistics ETF 12.0 60 -39 5.1 -1.7
MOTO SmartETFs Smart Transportation & Technology ETF 12.0 68 -47 7.8 +1.0
IVLU iShares MSCI Intl Value Factor ETF 11.9 30 -9 11.1 +4.4
CGXU Capital Group International Focus Equity ETF 11.7 54 -33 5.9 -0.9
IMTM iShares MSCI Intl Momentum Factor ETF 11.4 30 -9 5.6 -1.1
EUDG WisdomTree Europe Quality Dividend Growth Fund 11.3 58 -37 6.5 -0.2
JIRE JPMorgan International Research Enhanced Equity ETF 11.1 24 -3 7.4 +0.6
IMFL Invesco International Developed Dynamic Multifactor ETF 10.8 34 -13 6.2 -0.6
FEP First Trust Europe AlphaDEX Fund 10.7 80 -59 9.3 +2.5
EFV iShares MSCI EAFE Value ETF 10.6 34 -13 9.4 +2.7
FENI Fidelity Enhanced International ETF 10.5 28 -7 7.0 +0.2
IQDG WisdomTree International Quality Dividend Growth Fund 10.5 42 -21 7.2 +0.4
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 10.4 58 -37 7.1 +0.3
FIVA Fidelity International Value Factor ETF 10.4 18 3 10.5 +3.7
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 10.2 20 1 6.6 -0.2
PATN Pacer Nasdaq International Patent Leaders ETF 10.2 65 -44 4.0 -2.8
JHID John Hancock International High Dividend ETF 10.0 46 -25 10.3 +3.5
STXI Strive International Developed Markets ETF 9.9 29 -8 5.9 -0.8
CEFA Global X S&P Catholic Values Developed ex-US ETF 9.9 35 -14 5.9 -0.9
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 9.9 36 -15 6.9 +0.1
DIVI Franklin International Core Dividend Tilt Index ETF 9.8 9 12 8.2 +1.5
INEQ Columbia International Equity Income ETF 9.8 45 -24 8.7 +1.9
EFA iShares MSCI EAFE ETF 9.7 35 -14 7.0 +0.3
HFXI IQ FTSE International Equity Currency Neutral ETF 9.6 20 1 7.4 +0.6
IQSI IQ Candriam International Equity ETF 9.5 15 6 6.7 -0.1
OCEN IQ Clean Oceans ETF 9.4 45 -24 5.7 -1.1
CGIE Capital Group International Equity ETF 9.4 54 -33 5.1 -1.6
IDOG ALPS International Sector Dividend Dogs ETF 9.4 50 -29 12.2 +5.5
GSID Goldman Sachs MarketBeta International Equity ETF 9.3 20 1 7.1 +0.4
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 9.3 45 -24 9.3 +2.6
ICOW Pacer Developed Markets International Cash Cows 100 ETF 9.1 65 -44 12.2 +5.4
AVIV Avantis International Large Cap Value ETF 8.8 25 -4 9.3 +2.5
WRND IQ Global Equity R&D Leaders ETF 8.7 18 3 7.9 +1.1
ESGD iShares ESG Aware MSCI EAFE ETF 8.7 20 1 7.1 +0.4
BULD Pacer BlueStar Engineering the Future ETF 8.7 60 -39 2.0 -4.7
EFG iShares MSCI EAFE Growth ETF 8.7 36 -15 4.5 -2.3
UIVM VictoryShares International Value Momentum ETF 8.7 35 -14 9.5 +2.7
LEGR First Trust Indxx Innovative Transaction & Process ETF 8.6 65 -44 8.6 +1.8
LVHI Franklin International Low Volatility High Dividend Index ET 8.6 40 -19 11.0 +4.2
JHMD John Hancock Multifactor Developed International ETF 8.6 39 -18 7.8 +1.0
BKCI BNY Mellon Concentrated International ETF 8.6 80 -59 4.9 -1.8
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 8.5 47 -26 5.7 -1.1
BKIE BNY Mellon International Equity ETF 8.3 4 17 7.3 +0.6
IEFA iShares Core MSCI EAFE ETF 8.3 7 14 7.4 +0.6
FNDF Schwab Fundamental International Large Co. Index ETF 8.2 25 -4 10.1 +3.4
DOL WisdomTree International LargeCap Dividend Fund 8.2 48 -27 7.5 +0.7
NUDM Nuveen ESG International Developed Markets Equity ETF 8.2 31 -10 6.6 -0.2
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 8.2 20 1 6.7 -0.0
GSIE Goldman Sachs ActiveBeta International Equity ETF 8.2 25 -4 7.5 +0.7
DIHP Dimensional International High Profitability ETF 8.1 29 -8 7.4 +0.6
FICS First Trust International Developed Capital Strength ETF 8.1 70 -49 5.7 -1.1
NETZ TCW Transform Systems ETF 8.0 75 -54 3.4 -3.4
WBAT WisdomTree Battery Value Chain and Innovation Fund 7.8 45 -24 0.0 -6.8
IDHQ Invesco S&P International Developed High Quality ETF 7.7 29 -8 6.7 -0.1
DFIV Dimensional International Value ETF 7.7 27 -6 10.4 +3.6
PCGG Polen Capital Global Growth ETF 7.7 85 -64 3.8 -3.0
SCHF Schwab International Equity ETF 7.6 6 15 7.7 +1.0
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 7.5 12 9 6.2 -0.6
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 7.4 80 -59 4.9 -1.9
DFAI Dimensional International Core Equity Market ETF 7.4 18 3 7.6 +0.8
DMXF iShares ESG Advanced MSCI EAFE ETF 7.4 12 9 5.8 -1.0
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 7.4 9 12 9.2 +2.4
QEFA SPDR MSCI EAFE StrategicFactors ETF 7.4 30 -9 7.3 +0.5
IDEV iShares Core MSCI International Developed Markets ETF 7.4 4 17 7.4 +0.6
RFEU First Trust Riverfront Dynamic Europe ETF 7.3 83 -62 10.0 +3.3
VIGI Vanguard International Dividend Appreciation ETF 7.3 15 6 6.2 -0.6
IPKW Invesco International BuyBack Achievers ETF 7.3 55 -34 15.3 +8.6
VYMI Vanguard International High Dividend Yield ETF 7.2 22 -1 10.0 +3.2
VWID Virtus WMC International Dividend ETF 7.1 49 -28 8.8 +2.0
DWMF WisdomTree International Multifactor Fund 7.1 38 -17 6.9 +0.2
VEA Vanguard FTSE Developed Markets ETF 7.0 5 16 7.6 +0.8
DSTX Distillate International Fundamental Stability & Value ETF 6.9 55 -34 8.4 +1.7
DFIC Dimensional International Core Equity 2 ETF 6.8 23 -2 7.9 +1.2
SPDW SPDR Portfolio Developed World ex-US ETF 6.8 3 18 7.5 +0.7
UMMA Wahed Dow Jones Islamic World ETF 6.7 65 -44 5.3 -1.5
FIDI Fidelity International High Dividend ETF 6.7 18 3 9.0 +2.2
RFDI First Trust Riverfront Dynamic Developed International ETF 6.5 83 -62 10.0 +3.3
CIL VictoryShares International Volatility Wtd ETF 6.5 45 -24 7.0 +0.2
IQLT iShares MSCI Intl Quality Factor ETF 6.5 30 -9 6.3 -0.4
PPIE Putnam PanAgora ESG International Equity ETF 6.5 49 -28 7.8 +1.0
DFSI Dimensional International Sustainability Core 1 ETF 6.5 24 -3 6.6 -0.2
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 6.4 32 -11 6.1 -0.7
IBOT Vaneck Robotics ETF 6.4 47 -26 4.6 -2.2
CWI SPDR MSCI ACWI ex-US ETF 6.2 30 -9 8.2 +1.4
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 6.2 41 -20 7.1 +0.3
AVSD Avantis Responsible International Equity ETF 6.2 23 -2 6.8 +0.1
INTF iShares International Equity Factor ETF 6.1 15 6 8.1 +1.4
ACWX iShares MSCI ACWI ex U.S. ETF 6.1 34 -13 8.1 +1.4
FDD First Trust Stoxx European Select Dividend Index Fund 6.0 58 -37 12.4 +5.7
DWM WisdomTree International Equity Fund 6.0 48 -27 7.7 +0.9
KOCG FIS Knights of Columbus Global Belief ETF 6.0 75 -54 5.4 -1.4
AVDE Avantis International Equity ETF 5.9 23 -2 8.0 +1.2
QINT American Century Quality Diversified International ETF 5.9 39 -18 7.6 +0.9
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 5.9 42 -21 6.8 0.0
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 5.9 40 -19 7.5 +0.8
GXUS Goldman Sachs MarketBeta Total International Equity ETF 5.9 18 3 8.1 +1.3
GCOW Pacer Global Cash Cows Dividend ETF 5.8 60 -39 10.9 +4.2
JGLO JPMorgan Global Select Equity ETF 5.7 33 -12 5.1 -1.7
VEU Vanguard FTSE All-World ex-US Index Fund 5.6 8 13 8.5 +1.7
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 5.6 39 -18 8.3 +1.6
FDT First Trust Developed Markets ex-US AlphaDEX Fund 5.6 80 -59 10.0 +3.2
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 5.4 80 -59 5.7 -1.1
DGT SPDR Global Dow ETF 5.3 50 -29 7.5 +0.7
IXUS iShares Core MSCI Total International Stock ETF 5.2 7 14 8.3 +1.5
EXI iShares Global Industrials ETF 5.2 42 -21 4.9 -1.9
EFAS Global X MSCI SuperDividend EAFE ETF 5.2 57 -36 8.5 +1.8
VXUS Vanguard Total International Stock ETF 5.1 7 14 8.3 +1.5
EFAV iShares MSCI EAFE Min Vol Factor ETF 5.1 22 -1 5.8 -0.9
PRNT 3D Printing ETF 5.0 66 -45 1.5 -5.2
CLOD Themes Cloud Computing ETF 5.0 35 -14 2.1 -4.6
TPIF Timothy Plan International ETF 4.9 62 -41 6.5 -0.2
NATO Themes Transatlantic Defense ETF 4.8 35 -14 3.2 -3.6
VSGX Vanguard ESG International Stock ETF 4.7 12 9 8.2 +1.4
BINV Brandes International ETF 4.6 70 -49 9.5 +2.8
WWJD Inspire International ETF 4.6 80 -59 7.6 +0.8
MOTG VanEck Morningstar Global Wide Moat ETF 4.6 52 -31 6.7 -0.1
IDLV Invesco S&P International Developed Low Volatility ETF 4.5 25 -4 6.3 -0.5
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 4.5 14 7 6.0 -0.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 4.4 30 -9 8.6 +1.8
IGRO iShares International Dividend Growth ETF 4.3 15 6 7.3 +0.5
KNO AXS Knowledge Leaders ETF 4.3 78 -57 6.1 -0.7
FTAG First Trust Indxx Global Agriculture ETF 4.3 70 -49 8.1 +1.3
IVEG iShares Emergent Food and AgTech Multisector ETF 4.3 47 -26 8.5 +1.7
OAIM OneAscent International Equity ETF 4.3 95 -74 6.2 -0.6
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 4.2 39 -18 7.0 +0.2
RODM Hartford Multifactor Developed Markets (ex-US) ETF 4.0 29 -8 8.2 +1.4
FYLD Cambria Foreign Shareholder Yield ETF 3.9 59 -38 12.5 +5.7
MXI iShares Global Materials ETF 3.9 41 -20 8.0 +1.3
CGDG Capital Group Dividend Growers ETF 3.9 47 -26 6.3 -0.4
IDV iShares International Select Dividend ETF 3.8 51 -30 11.6 +4.8
FAN First Trust Global Wind Energy ETF 3.8 60 -39 5.3 -1.5
DTH WisdomTree International High Dividend Fund 3.7 58 -37 9.1 +2.3
MOTI VanEck Morningstar International Moat ETF 3.7 58 -37 12.8 +6.1
SHLD Global X Defense Tech ETF 3.7 50 -29 3.8 -3.0
FGD First Trust Dow Jones Global Select Dividend Index Fund 3.6 56 -35 12.6 +5.9
LUX Tema Luxury ETF 3.5 75 -54 2.6 -4.2
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 3.5 65 -44 4.1 -2.7
FPXE First Trust IPOX Europe Equity Opportunities ETF 3.5 70 -49 4.5 -2.2
FBOT Fidelity Disruptive Automation ETF 3.5 50 -29 4.0 -2.8
JIG JPMorgan International Growth ETF 3.4 55 -34 4.8 -2.0
AIQ Global X Artificial Intelligence & Technology ETF 3.3 68 -47 4.7 -2.1
VIDI Vident International Equity Strategy ETF 3.3 61 -40 12.0 +5.2
EUDV ProShares MSCI Europe Dividend Growers ETF 3.2 55 -34 6.9 +0.1
AIVI WisdomTree International AI Enhanced Value Fund 3.2 58 -37 7.5 +0.7
IXG iShares Global Financials ETF 3.2 42 -21 7.2 +0.5
IXP iShares Global Comm Services ETF 3.1 42 -21 6.7 -0.1
INFL Horizon Kinetics Inflation Beneficiaries ETF 3.1 85 -64 3.9 -2.8
BCDF Horizon Kinetics Blockchain Development ETF 3.1 85 -64 4.5 -2.3
JXI iShares Global Utilities ETF 3.1 43 -22 6.0 -0.8
FDTX Fidelity Disruptive Technology ETF 3.1 50 -29 3.0 -3.7
DRIV Global X Autonomous & Electric Vehicles ETF 3.1 68 -47 6.8 +0.0
RAYD Rayliant Quantitative Developed Market Equity ETF 3.1 80 -59 4.7 -2.1
AGQI First Trust Active Global Quality Income ETF 3.1 85 -64 6.6 -0.2
DIVS SmartETFs Dividend Builder ETF 3.0 65 -44 4.9 -1.8
FDEV Fidelity International Multifactor ETF 3.0 18 3 7.7 +0.9
DWX SPDR S&P International Dividend ETF 2.9 45 -24 6.6 -0.2
RXI iShares Global Consumer Discretionary ETF 2.9 41 -20 9.2 +2.5
IBAT iShares Energy Storage & Materials ETF 2.9 47 -26 5.3 -1.5
COPY Tweedy, Browne Insider + Value ETF 2.9 80 -59 12.6 +5.9
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 2.9 25 -4 6.0 -0.7
FDRV Fidelity Electric Vehicles and Future Transportation ETF 2.8 39 -18 -1.1 -7.9
GSFP Goldman Sachs Future Planet Equity ETF 2.8 75 -54 4.8 -1.9
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 2.8 79 -58 5.9 -0.9
IDAT iShares Future Cloud 5G and Tech ETF 2.8 47 -26 4.8 -2.0
IOO iShares Global 100 ETF 2.8 41 -20 5.4 -1.4
QWLD SPDR MSCI World StrategicFactors ETF 2.8 30 -9 5.9 -0.8
TEMP JPMorgan Climate Change Solutions ETF 2.7 49 -28 5.9 -0.9
ESGG FlexShares STOXX Global ESG Select Index Fund 2.7 42 -21 5.4 -1.3
FID First Trust S&P International Dividend Aristocrats ETF 2.7 60 -39 9.1 +2.3
GSIB Themes Global Systemically Important Banks ETF 2.7 35 -14 12.4 +5.6
RODE Hartford Multifactor Diversified International ETF 2.7 29 -8 9.9 +3.1
KOKU Xtrackers MSCI Kokusai Equity ETF 2.7 9 12 5.5 -1.3
BLLD JPMorgan Sustainable Infrastructure ETF 2.7 49 -28 4.8 -2.0
SUPL ProShares Supply Chain Logistics ETF 2.6 58 -37 5.4 -1.4
SCHY Schwab International Dividend Equity ETF 2.6 14 7 9.8 +3.0
TOK iShares MSCI Kokusai ETF 2.6 26 -5 5.2 -1.6
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 2.6 24 -3 6.4 -0.3
URTH iShares MSCI World ETF 2.4 24 -3 5.5 -1.3
CARZ First Trust NASDAQ Global Auto Index Fund 2.4 70 -49 6.0 -0.8
BLES Inspire Global Hope ETF 2.4 61 -40 6.8 +0.1
ETEC iShares Breakthrough Environmental Solutions ETF 2.4 47 -26 5.8 -1.0
HART IQ Healthy Hearts ETF 2.4 45 -24 6.6 -0.2
VCLN Virtus Duff & Phelps Clean Energy ETF 2.4 59 -38 6.2 -0.6
EFAD ProShares MSCI EAFE Dividend Growers ETF 2.4 50 -29 5.8 -1.0
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.4 47 -26 9.0 +2.2
IQDF FlexShares International Quality Dividend Index Fund 2.3 47 -26 9.5 +2.8
IVAL Alpha Architect International Quantitative Value ETF 2.3 49 -28 10.6 +3.9
JPIN J.P. Morgan Diversified Return International Equity ETF 2.3 37 -16 8.9 +2.1
KLMT Invesco MSCI Global Climate 500 ETF 2.3 10 11 6.1 -0.7
IXN iShares Global Tech ETF 2.2 41 -20 4.5 -2.3
ACWI iShares MSCI ACWI ETF 2.2 32 -11 6.0 -0.8
CGGO Capital Group Global Growth Equity ETF 2.2 47 -26 5.0 -1.8
IDRV iShares Self-driving EV & Tech ETF 2.2 47 -26 2.5 -4.3
XT iShares Exponential Technologies ETF 2.2 46 -25 5.5 -1.3
WDIV SPDR S&P Global Dividend ETF 2.1 40 -19 9.6 +2.9
ISHP First Trust Nasdaq Retail ETF 2.1 60 -39 5.5 -1.3
FPXI First Trust International Equity Opportunities ETF 2.1 70 -49 3.9 -2.9
GINN Goldman Sachs Innovate Equity ETF 2.0 52 -31 4.4 -2.4
CZAR Themes Natural Monopoly ETF 2.0 35 -14 2.8 -4.0
NXTG First Trust Indxx NextG ETF 2.0 70 -49 5.8 -1.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 2.0 9 12 6.1 -0.7
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.9 58 -37 5.5 -1.3
VT Vanguard Total World Stock ETF 1.9 7 14 6.3 -0.5
KNCT Invesco Next Gen Connectivity ETF 1.9 40 -19 5.1 -1.7
FRNW Fidelity Clean Energy ETF 1.8 39 -18 4.2 -2.6
TTAI FCF International Quality ETF 1.6 59 -38 6.9 +0.2
QTUM Defiance Quantum ETF 1.6 40 -19 7.7 +1.0
OGIG ALPS O'Shares Global Internet Giants ETF 1.6 48 -27 1.9 -4.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.5 20 1 6.0 -0.8
DEW WisdomTree Global High Dividend Fund 1.5 58 -37 7.7 +1.0
ROBO ROBO Global Robotics & Automation Index ETF 1.5 95 -74 4.0 -2.8
IPAV Global X Infrastructure Development ex-U.S. ETF 1.4 55 -34 4.5 -2.3
WDNA WisdomTree BioRevolution Fund 1.4 45 -24 0.0 -6.8
HAP VanEck Natural Resources ETF 1.4 50 -29 10.0 +3.3
MOO VanEck Agribusiness ETF 1.4 53 -32 10.8 +4.1
KROP Global X AgTech & Food Innovation ETF 1.4 50 -29 7.0 +0.3
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.4 61 -40 1.4 -5.4
ANEW ProShares MSCI Transformational Changes ETF 1.4 45 -24 7.0 +0.3
HTEC ROBO Global Healthcare Technology and Innovation ETF 1.4 68 -47 2.5 -4.3
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 1.3 75 -54 7.3 +0.5
GLOF iShares Global Equity Factor ETF 1.3 20 1 6.8 +0.0
IXJ iShares Global Healthcare ETF 1.3 42 -21 6.6 -0.2
ACWV iShares MSCI Global Min Vol Factor ETF 1.3 20 1 5.9 -0.9
CGUS Capital Group Core Equity ETF 1.2 33 -12 4.6 -2.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.1 12 9 5.1 -1.6
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.1 10 11 7.5 +0.7
ERET iShares Environmentally Aware Real Estate ETF 1.1 30 -9 3.1 -3.7
IFGL iShares International Developed Real Estate ETF 1.1 48 -27 6.3 -0.5
SDG iShares MSCI Global Sustainable Development Goals ETF 1.1 49 -28 6.0 -0.8
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.1 12 9 7.7 +0.9
LST Leuthold Select Industries ETF 1.1 91 -70 6.1 -0.7
TMFG Motley Fool Global Opportunities ETF 1.1 85 -64 3.5 -3.2
IGF iShares Global Infrastructure ETF 1.1 41 -20 4.9 -1.9
GII SPDR S&P Global Infrastructure ETF 1.1 40 -19 4.9 -1.9
THNR Amplify Weight Loss Drug & Treatment ETF 1.1 59 -38 5.8 -1.0
CGDV Capital Group Dividend Value ETF 1.0 33 -12 4.9 -1.9
RGEF Rockefeller Global Equity ETF 1.0 55 -34 5.2 -1.5
IQRA IQ CBRE Real Assets ETF 1.0 65 -44 2.7 -4.1
FDRR Fidelity Dividend ETF for Rising Rates 1.0 15 6 7.6 +0.8
FDHT Fidelity Digital Health ETF 0.9 39 -18 1.9 -4.8
MDEV First Trust Indxx Medical Devices ETF 0.9 70 -49 1.2 -5.6
BMED Future Health ETF 0.9 85 -64 2.4 -4.3
HELX Franklin Genomic Advancements ETF 0.9 50 -29 0.1 -6.7
GLBL Pacer MSCI World Industry Advantage ETF 0.8 65 -44 5.0 -1.8
KXI iShares Global Consumer Staples ETF 0.8 41 -20 5.4 -1.3
JSTC Adasina Social Justice All Cap Global ETF 0.7 89 -68 4.5 -2.3
SYNB Putnam BioRevolution ETF 0.7 70 -49 3.2 -3.6
IQM Franklin Intelligent Machines ETF 0.7 50 -29 2.6 -4.2
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.6 65 -44 3.5 -3.3
DIM WisdomTree International MidCap Dividend Fund 0.6 58 -37 7.7 +0.9
DFIS Dimensional International Small Cap ETF 0.5 39 -18 7.9 +1.1
SAGP Strategas Global Policy Opportunities ETF 0.5 65 -44 5.3 -1.5
AGNG Global X Aging Population ETF 0.5 50 -29 4.2 -2.6
QLV FlexShares US Quality Low Volatility Index Fund 0.5 22 -1 5.8 -1.0
GNOM Global X Genomics & Biotechnology ETF 0.5 50 -29 -3.0 -9.8
FDNI First Trust Dow Jones International Internet ETF 0.5 65 -44 19.5 +12.7
IBUY Amplify Online Retail ETF 0.5 65 -44 3.7 -3.1
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.5 15 6 5.8 -0.9
CGGR Capital Group Growth ETF 0.4 39 -18 3.7 -3.1
WLDR Affinity World Leaders Equity ETF 0.4 67 -46 8.3 +1.6
IPOS Renaissance International IPO ETF 0.4 80 -59 2.4 -4.4
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.4 72 -51 -1.2 -7.9
FINE Themes European Luxury ETF 0.4 35 -14 0.5 -6.3
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.3 68 -47 2.7 -4.1
ISCF iShares International SmallCap Equity Factor ETF 0.3 23 -2 8.6 +1.8
APIE ActivePassive International Equity ETF 0.3 45 -24 7.7 +0.9
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.3 4 17 6.1 -0.7
REVS Columbia Research Enhanced Value ETF 0.2 19 2 7.6 +0.9
FNDC Schwab Fundamental International Small Co. Index ETF 0.2 39 -18 6.3 -0.5
RVRB Reverb ETF 0.1 30 -9 3.7 -3.0
RECS Columbia Research Enhanced Core ETF 0.1 15 6 6.2 -0.6
FMDE Fidelity Enhanced Mid Cap ETF 0.1 23 -2 5.8 -1.0
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 -28 7.3 +0.6
FELV Fidelity Enhanced Large Cap Value ETF 0.1 18 3 6.8 +0.0
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 4 6.9 +0.1
GVUS Marketbeta Russell 1000 Value Equity ETF 0.0 12 9 6.5 -0.2
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 10 5.2 -1.6

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:

UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.4 %
Divided by: Fwd. P/BV 1.8 x
Less: Expense ratio 21 bp
Equals: ALTAR Score 6.8 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.57 CATEGORY
AVERAGE		 1.60
 
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.