Xtrackers FTSE Developed ex US Comprehensive Factor ETF
ALTAR
Score™
6.5% info Recommen-
dation
NEUTRAL
2021E    2022E
P/E
ratio
16.6x P/Sales
ratio
1.0x
P/BV
ratio
1.4x Div.
yield
2.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Xtrackers FTSE Developed ex US Comprehensive Factor ETF tracks the FTSE Developed ex US Comprehensive Factor Net Tax (US RIC) Index, which selects and weights securities within the FTSE Developed ex US index by five different factors.

FUND BASICS
Category International Equities
Fund Sponsor Deutsche Bank
Website etfus.deutscheawm.com
Inception date Nov 24, 2015
Assets (mns) $74
Currency USD
Expense ratio 24 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Multi-Factor
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 1208
Wgt avg mkt cap (mns) $17,209
Large cap (>$10bn) 51.8%
Mid cap ($2-10bn) 44.0%
Small cap (<$2bn) 3.2%
Developed mkts 95.0%
Emerging mkts 5.0%

TOP TEN HOLDINGS
KINNEVIK AB CLASS B 1.2 %
RIO TINTO LTD 0.6 %
SEKISUI HOUSE LTD 0.5 %
INDUSTRIVARDEN AB CLASS A 0.5 %
MAGNA INTERNATIONAL INC-CL A 0.5 %
AEON CO LTD 0.5 %
SWEDISH MATCH AB 0.5 %
LOGITECH INTERNATIONAL-REG 0.5 %
SEGRO PLC 0.4 %
INVESTOR AB-B SHS 0.4 %
Total 5.7 %

TOP COUNTRY EXPOSURE
JAPAN 31.0 %
BRITAIN 9.3 %
SWEDEN 8.3 %
AUSTRALIA 7.7 %
SWITZERLAND 4.5 %
CANADA 4.4 %
SOUTH KOREA 4.1 %
GERMANY 3.7 %
HONG KONG 3.6 %
FRANCE 3.3 %

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.
-0.2% 20.4% 9.0% -- 7.7%

Market Correlations
versus... Beta R-squared
S&P500 0.85 85%
MSCI EAFE 0.90 94%
MSCI Emg. Mkts. 0.73 77%

Technical Indicators
Recent close $30.01
30d moving avg. $30.76
Annualized volatility 17.0%
Short interest (ETF) 0.4%
Relative strength (RSI) 47

Liquidity measures
Avg. volume (thou.) 6
Turnover 0.2%
Bid/Ask (% of price) 0.63%
ADV underlying (mns) $61,747

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 96 potential alternatives to the Xtrackers FTSE Developed ex US Comprehensive Factor ETF ETF based on the alternatives' overlap in portfolio holdings with DEEF. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: DEEF Expense: 24 bp ALTAR Score™: 6.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH DEEF
Ticker Fund
Name
Overlap1
vs DEEF
(%)
Expense
ratio
(bp)
Savings
vs DEEF
(bp)
ALTAR
Score™
(%)
ALTAR
vs DEEF
(%)
DFAI Dimensional International Core Equity Market ETF 59.7 18 6 6.2 -0.3
ISZE iShares Edge MSCI Intl Size Factor ETF 47.9 30 -6 6.1 -0.4
IDLB Invesco FTSE International Low Beta Equal Weight ETF 44.4 45 -21 6.3 -0.2
PQIN PGIM QMA Strategic Alpha International Equity ETF 41.0 29 -5 7.1 +0.5
CIL VictoryShares International Volatility Weighted Index ETF 40.4 45 -21 6.4 -0.1
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 40.4 45 -21 6.2 -0.3
SCHF Schwab International Equity ETF 39.7 6 18 6.5 -0.1
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 39.3 7 17 6.5 -0.1
GSIE Goldman Sachs ActiveBeta International Equity ETF 38.9 25 -1 6.1 -0.5
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 38.6 39 -15 5.6 -1.0
RODM Hartford Multifactor Developed Markets (ex-US) ETF 37.7 29 -5 7.2 +0.7
JPIN JPMorgan Diversified Return International Equity ETF 37.4 37 -13 6.9 +0.4
HFXI IQ 50 Percent Hedged FTSE International ETF 37.3 20 4 6.4 -0.1
VEA Vanguard FTSE Developed Markets ETF 36.9 5 19 6.5 -0.1
SPDW SPDR Portfolio Developed World ex-US ETF 36.8 4 20 6.1 -0.4
JHMD John Hancock Multifactor Developed International ETF 36.7 39 -15 6.4 -0.2
AVDE Avantis International Equity ETF 36.4 23 1 6.7 +0.2
IDEV iShares Core MSCI International Developed Markets ETF 36.3 5 19 6.3 -0.2
IEFA iShares Core MSCI EAFE ETF 36.1 7 17 6.4 -0.2
EFA iShares MSCI EAFE ETF 35.4 32 -8 6.2 -0.3
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 35.1 35 -11 6.0 -0.5
TPIF Timothy Plan International ETF 34.7 62 -38 5.9 -0.6
FNDF Schwab Fundamental International Large Co. Index ETF 34.6 25 -1 7.5 +1.0
GSID Goldman Sachs MarketBeta International Equity ETF 34.6 20 4 6.2 -0.3
QEFA SPDR MSCI EAFE Quality Mix ETF 34.5 30 -6 6.1 -0.5
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 34.4 20 4 6.2 -0.4
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 33.7 45 -21 7.4 +0.9
VSGX Vanguard ESG International Stock ETF 33.1 17 7 6.3 -0.2
VEU Vanguard FTSE All-World ex-US Index Fund 32.5 8 16 6.6 +0.1
PDEV Principal International Multi-Factor Core Index ETF 32.4 25 -1 7.0 +0.5
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 31.9 40 -16 7.2 +0.6
BKIE BNY Mellon International Equity ETF 31.9 4 20 6.5 -0.0
ISDX Invesco RAFI Strategic Developed ex-US ETF 31.3 23 1 6.2 -0.3
VPL Vanguard FTSE Pacific ETF 31.1 8 16 6.3 -0.2
DWM WisdomTree International Equity Fund 31.0 48 -24 7.1 +0.6
DMXF iShares ESG Advanced MSCI EAFE ETF 30.8 12 12 5.9 -0.6
DIM WisdomTree International MidCap Dividend Fund 30.5 58 -34 6.9 +0.4
ESGD iShares MSCI EAFE ESG Optimized ETF 30.5 20 4 6.2 -0.4
ACWX iShares MSCI ACWI ex U.S. ETF 30.2 32 -8 6.3 -0.2
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 29.9 40 -16 6.0 -0.5
IXUS ishares Core MSCI Total International Stock ETF 29.7 9 15 6.4 -0.1
IQSI IQ Candriam ESG International Equity ETF 29.6 15 9 6.2 -0.3
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 29.0 39 -15 6.7 +0.2
IPAC iShares Core MSCI Pacific ETF 27.9 9 15 6.1 -0.4
QINT American Century Quality Diversified International ETF 27.6 39 -15 6.2 -0.3
IQIN IQ 500 International ETF 27.2 25 -1 7.3 +0.8
RNDM First Trust Developed International Equity Select ETF 27.1 65 -41 5.6 -0.9
UIVM VictoryShares USAA MSCI International Value Momentum ETF 26.6 35 -11 7.6 +1.1
EFV iShares MSCI EAFE Value ETF 26.3 39 -15 8.1 +1.6
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 26.2 35 -11 6.0 -0.6
RESD WisdomTree International ESG Fund 26.0 30 -6 6.3 -0.2
FLEE Franklin FTSE Europe ETF 25.9 9 15 6.4 -0.1
FLEH Franklin FTSE Europe Hedged ETF 25.9 9 15 6.4 -0.2
CWI SPDR MSCI ACWI ex-US ETF 25.7 30 -6 6.2 -0.3
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 25.7 14 10 6.0 -0.5
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 25.5 25 -1 6.0 -0.5
VXUS Vanguard Total International Stock ETF 25.5 8 16 6.6 +0.0
VGK Vanguard FTSE Europe ETF 25.2 8 16 6.6 +0.1
EFG iShares MSCI EAFE Growth ETF 25.0 40 -16 4.0 -2.6
DWMF WisdomTree International Multifactor Fund 24.9 38 -14 6.2 -0.3
SPEU SPDR Portfolio Europe ETF 24.7 9 15 6.5 -0.0
IEUR iShares Core MSCI Europe ETF 24.5 9 15 6.4 -0.1
IQLT iShares Edge MSCI Intl Quality Factor ETF 24.3 30 -6 5.4 -1.1
IDLV Invesco S&P International Developed Low Volatility ETF 24.1 25 -1 6.2 -0.3
FLJH Franklin FTSE Japan Hedged ETF 24.1 9 15 6.3 -0.2
FLJP Franklin FTSE Japan ETF 24.0 9 15 6.4 -0.1
BBEU JPMorgan BetaBuilders Europe ETF 24.0 9 15 6.6 +0.1
DBEU Xtrackers MSCI Europe Hedged Equity ETF 23.7 45 -21 6.0 -0.5
ACSG Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF 23.3 16 8 5.9 -0.6
IMTM iShares Edge MSCI Intl Momentum Factor ETF 23.3 30 -6 3.8 -2.7
RBIN Nationwide Risk-Based International Equity ETF 23.3 42 -18 5.9 -0.6
EWJE iShares MSCI Japan Equal Weighted ETF 22.9 15 9 6.2 -0.4
VYMI Vanguard International High Dividend Yield ETF 22.5 27 -3 9.0 +2.5
FDT First Trust Developed Markets ex-US Alphadex Fund 22.4 80 -56 7.5 +0.9
EFAV iShares Edge MSCI Min Vol EAFE ETF 22.2 20 4 5.1 -1.4
IEV iShares Europe ETF 22.0 59 -35 6.1 -0.5
INTF iShares Edge MSCI Multifactor Intl ETF 21.9 30 -6 7.4 +0.9
JPXN iShares JPX-Nikkei 400 ETF 21.6 48 -24 6.1 -0.4
JPN Xtrackers Japan JPX-Nikkei 400 Equity ETF 21.6 9 15 6.5 -0.0
FDEV Fidelity Targeted International Factor ETF 21.3 39 -15 6.2 -0.3
BBJP JPMorgan BetaBuilders Japan ETF 21.0 19 5 6.2 -0.3
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 20.4 25 -1 6.2 -0.3
ZJPN SPDR Solactive Japan ETF 20.0 14 10 6.4 -0.1
IDHQ Invesco S&P International Developed Quality ETF 20.0 29 -5 5.1 -1.4
EWJ iShares MSCI Japan ETF 19.9 51 -27 5.9 -0.6
FNDC Schwab Fundamental International Small Co. Index ETF 19.8 39 -15 5.3 -1.2
DBJP Xtrackers MSCI Japan Hedged Equity ETF 19.8 45 -21 5.9 -0.7
DOL WisdomTree International LargeCap Dividend Fund 19.4 48 -24 7.1 +0.6
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 19.3 49 -25 5.3 -1.3
RODE Hartford Multifactor Diversified International ETF 19.2 29 -5 10.1 +3.6
IVLU iShares Edge MSCI Intl Value Factor ETF 18.9 30 -6 9.6 +3.1
QWLD SPDR MSCI World StrategicFactors ETF 18.4 30 -6 5.5 -1.0
URTH iShares MSCI World ETF 17.8 24 0 5.1 -1.5
ACWI iShares MSCI ACWI ETF 17.0 32 -8 5.2 -1.4
DTH WisdomTree International High Dividend Fund 16.8 58 -34 8.4 +1.9
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 16.8 80 -56 5.9 -0.6

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

  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:
Xtrackers FTSE Developed ex US Comprehensive Factor 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 9.4 %
Divided by: Fwd. P/BV 1.4 x
Less: Expense ratio 24 bp
Equals: ALTAR Score 6.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.65 CATEGORY
AVERAGE
1.55
 
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.