AAM S&P Developed Markets High Dividend Value ETF
ALTAR
Score™		 12.1% info Recommen-
dation		 SPECULATIVE
2024E    2025E
P/E
ratio		 9.4x P/Sales
ratio		 0.7x
P/BV
ratio		 0.8x Div.
yield		 5.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
DMDV tracks an equal-weighted index of developed-market international large- and midcap stocks that score highly for both dividend yield and free cash flow.

FUND BASICS
Category International Equities
Fund Sponsor Advisors Asset Management
Website www.aamlive.com
Inception date Nov 27, 2018
Assets (mns) $2
Currency USD
Expense ratio 39 bp
Distributions Monthly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 59
Wgt avg mkt cap (mns) $23,302
Large cap (>$10bn) 63.2%
Mid cap ($2-10bn) 36.8%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
KINGFISHER PLC 2.0 %
SUN HUNG KAI PROPERTIES 2.0 %
MAPLETREE COMMERCIAL TRUST 2.0 %
NOKIA OYJ 2.0 %
DEXUS PROPERTY GROUP 2.0 %
LM ERICSSON TELEFON AB CLASS B 2.0 %
HENDERSON LAND DEVELOPMENT 2.0 %
CANADIAN TIRE CORP -CL A 1.9 %
NIPPON EXPRESS HOLDINGS INC 1.9 %
CARREFOUR SA 1.9 %
Total 19.8 %

TOP COUNTRY EXPOSURE
BRITAIN 14.5 %
JAPAN 12.2 %
FRANCE 9.2 %
AUSTRALIA 8.7 %
HONG KONG 7.6 %
SINGAPORE 6.9 %
SWEDEN 5.6 %
GERMANY 5.2 %
FINLAND 3.9 %
SPAIN 3.7 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-- -- -- -- 0.0%

Market Correlations
versus... Beta R-squared
S&P500 0.78 55%
MSCI EAFE 0.98 87%
MSCI Emg. Mkts. 0.83 62%

Technical Indicators
Recent close $23.63
30d moving avg. $22.85
Annualized volatility 18.6%
Short interest (ETF) 0.2%
Relative strength (RSI) 51

Liquidity measures
Avg. volume (thou.) 0
Turnover 0.0%
Bid/Ask (% of price) 0.78%
ADV underlying (mns) $2,720

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 349 potential alternatives to the AAM S&P Developed Markets High Dividend Value ETF ETF based on the alternatives' overlap in portfolio holdings with DMDV. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: DMDV Expense: 39 bp ALTAR Score™: 12.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH DMDV
Ticker Fund
Name		 Overlap1
vs DMDV
(%)		 Expense
ratio
(bp)		 Savings
vs DMDV
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs DMDV
(%)
IDOG ALPS International Sector Dividend Dogs ETF 35.0 50 -11 12.8 +0.8
EFAS Global X MSCI SuperDividend EAFE ETF 27.9 57 -18 10.3 -1.8
JHID John Hancock International High Dividend ETF 27.8 46 -7 11.3 -0.7
IDV iShares International Select Dividend ETF 22.0 51 -12 12.2 +0.2
BINV Brandes International ETF 18.2 70 -31 8.5 -3.6
ICOW Pacer Developed Markets International Cash Cows 100 ETF 17.3 65 -26 12.8 +0.7
IVLU iShares MSCI Intl Value Factor ETF 16.4 30 9 11.4 -0.6
CID VictoryShares International High Div Volatility Wtd ETF 16.2 45 -6 11.9 -0.1
VWID Virtus WMC International Dividend ETF 15.4 49 -10 9.6 -2.5
RFEU First Trust Riverfront Dynamic Europe ETF 14.1 83 -44 11.1 -1.0
GCOW Pacer Global Cash Cows Dividend ETF 14.1 60 -21 12.5 +0.5
DTH WisdomTree International High Dividend Fund 13.9 58 -19 10.1 -1.9
DVYA iShares Asia/Pacific Dividend ETF 13.8 49 -10 9.0 -3.1
FGD First Trust Dow Jones Global Select Dividend Index Fund 13.4 56 -17 13.5 +1.4
FIVA Fidelity International Value Factor ETF 13.1 18 21 10.2 -1.8
UIVM VictoryShares International Value Momentum ETF 12.7 35 4 11.0 -1.0
SCHY Schwab International Dividend Equity ETF 12.0 14 25 9.3 -2.7
RODM Hartford Multifactor Developed Markets (ex-US) ETF 11.8 29 10 8.6 -3.5
FIDI Fidelity International High Dividend ETF 11.6 18 21 10.9 -1.1
FEP First Trust Europe AlphaDEX Fund 11.5 80 -41 7.8 -4.3
DIVI Franklin International Core Dividend Tilt Index ETF 11.2 9 30 8.1 -3.9
DTAN Sparkline International Intangible Value ETF 11.2 55 -16 9.2 -2.9
AIVI WisdomTree International AI Enhanced Value Fund 11.1 58 -19 8.5 -3.6
MOTI VanEck Morningstar International Moat ETF 11.0 58 -19 5.9 -6.2
FYLD Cambria Foreign Shareholder Yield ETF 10.6 59 -20 13.6 +1.6
LVHI Franklin International Low Volatility High Dividend Index ET 10.5 40 -1 10.1 -2.0
IVAL Alpha Architect International Quantitative Value ETF 10.5 49 -10 9.5 -2.5
DFIV Dimensional International Value ETF 10.5 27 12 10.0 -2.1
DWMF WisdomTree International Multifactor Fund 10.4 38 1 7.4 -4.6
JPIN J.P. Morgan Diversified Return International Equity ETF 10.2 37 2 8.9 -3.2
FEUZ First Trust Eurozone AlphaDEX ETF 10.1 80 -41 6.7 -5.4
FDD First Trust Stoxx European Select Dividend Index Fund 10.1 58 -19 13.6 +1.6
DOL WisdomTree International LargeCap Dividend Fund 9.7 48 -9 7.9 -4.1
IQIN IQ 500 International ETF 9.3 25 14 9.2 -2.9
EWH iShares MSCI Hong Kong ETF 9.1 50 -11 6.2 -5.9
EFV iShares MSCI EAFE Value ETF 8.8 34 5 9.4 -2.6
RFDI First Trust Riverfront Dynamic Developed International ETF 8.7 83 -44 10.0 -2.1
FNDF Schwab Fundamental International Large Co. Index ETF 8.6 25 14 9.9 -2.2
FLEU Franklin FTSE Eurozone ETF 8.5 9 30 7.3 -4.8
EZU iShares MSCI Eurozone ETF 8.3 52 -13 6.6 -5.4
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 8.2 9 30 9.9 -2.2
EFAV iShares MSCI EAFE Min Vol Factor ETF 8.2 22 17 6.6 -5.5
QINT American Century Quality Diversified International ETF 8.1 39 0 7.7 -4.4
FEZ SPDR EURO STOXX 50 ETF 8.1 29 10 6.8 -5.2
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 8.0 25 14 7.2 -4.9
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 7.9 65 -26 4.3 -7.7
FLHK Franklin FTSE Hong Kong ETF 7.7 9 30 6.8 -5.2
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 7.7 40 -1 7.9 -4.1
DWM WisdomTree International Equity Fund 7.6 48 -9 8.0 -4.1
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 7.5 45 -6 8.9 -3.1
RODE Hartford Multifactor Diversified International ETF 7.5 29 10 11.8 -0.3
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 7.4 45 -6 6.5 -5.5
FKU First Trust United Kingdom AlphaDEX Fund 7.3 80 -41 8.5 -3.5
EQIN Columbia US Equity Income ETF 7.3 35 4 8.3 -3.8
QEFA SPDR MSCI EAFE StrategicFactors ETF 7.1 30 9 7.3 -4.8
JHMD John Hancock Multifactor Developed International ETF 7.0 39 0 7.8 -4.3
MOTG VanEck Morningstar Global Wide Moat ETF 7.0 52 -13 5.6 -6.4
IQDF FlexShares International Quality Dividend Index Fund 6.9 47 -8 12.9 +0.8
IEV iShares Europe ETF 6.9 67 -28 6.6 -5.4
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 6.6 80 -41 5.6 -6.5
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 6.6 32 7 6.0 -6.1
FDT First Trust Developed Markets ex-US AlphaDEX Fund 6.6 80 -41 9.1 -3.0
FID First Trust S&P International Dividend Aristocrats ETF 6.5 60 -21 9.0 -3.1
GSIE Goldman Sachs ActiveBeta International Equity ETF 6.5 25 14 7.2 -4.8
IDNA iShares Genomics Immunology and Healthcare ETF 6.5 47 -8 -4.3 -16.3
HEDJ WisdomTree Europe Hedged Equity Fund 6.4 58 -19 9.5 -2.6
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 6.4 39 0 7.5 -4.5
INTF iShares International Equity Factor ETF 6.4 15 24 8.2 -3.9
VYMI Vanguard International High Dividend Yield ETF 6.4 22 17 9.8 -2.2
FDEV Fidelity International Multifactor ETF 6.3 18 21 7.8 -4.3
BBEU JPMorgan BetaBuilders Europe ETF 6.3 9 30 7.1 -5.0
EWU iShares MSCI United Kingdom ETF 6.2 50 -11 8.4 -3.6
DBEU Xtrackers MSCI Europe Hedged Equity ETF 6.1 46 -7 6.5 -5.6
VIDI Vident International Equity Strategy ETF 6.1 61 -22 10.2 -1.9
FLEE Franklin FTSE Europe ETF 6.1 9 30 7.2 -4.9
EWQ iShares MSCI France ETF 5.9 53 -14 6.3 -5.8
FLGB Franklin FTSE United Kingdom ETF 5.9 9 30 7.9 -4.2
IEUR iShares Core MSCI Europe ETF 5.9 11 28 7.1 -5.0
SPEU SPDR Portfolio Europe ETF 5.9 7 32 7.1 -5.0
GVAL Cambria Global Value ETF 5.7 68 -29 13.1 +1.0
VGK Vanguard FTSE Europe ETF 5.6 11 28 7.1 -5.0
FENI Fidelity Enhanced International ETF 5.5 28 11 8.1 -4.0
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 5.5 24 15 8.7 -3.4
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 5.3 75 -36 7.9 -4.1
IQDY FlexShares International Quality Dividend Dynamic Index Fund 5.3 47 -8 9.4 -2.7
EUDG WisdomTree Europe Quality Dividend Growth Fund 5.3 58 -19 6.5 -5.6
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 5.3 20 19 6.9 -5.1
WDIV SPDR S&P Global Dividend ETF 5.3 40 -1 9.4 -2.7
NUDM Nuveen ESG International Developed Markets Equity ETF 5.3 31 8 6.7 -5.4
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 5.3 80 -41 7.6 -4.5
EFA iShares MSCI EAFE ETF 5.2 35 4 6.9 -5.2
PATN Pacer Nasdaq International Patent Leaders ETF 5.2 65 -26 6.5 -5.6
FGM First Trust Germany AlphaDEX Fund 5.2 80 -41 6.0 -6.1
GSID Goldman Sachs MarketBeta International Equity ETF 5.1 20 19 7.0 -5.1
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 5.0 58 -19 6.4 -5.7
IQDG WisdomTree International Quality Dividend Growth Fund 5.0 42 -3 6.8 -5.3
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 5.0 36 3 6.6 -5.5
CIL VictoryShares International Volatility Wtd ETF 5.0 45 -6 7.0 -5.1
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 5.0 20 19 6.5 -5.5
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 5.0 51 -12 7.1 -5.0
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 4.9 19 20 5.4 -6.7
EWI iShares MSCI Italy ETF 4.9 50 -11 8.1 -4.0
DGT SPDR Global Dow ETF 4.8 50 -11 6.8 -5.3
IDLV Invesco S&P International Developed Low Volatility ETF 4.8 25 14 6.2 -5.8
HFXI IQ FTSE International Equity Currency Neutral ETF 4.8 20 19 7.1 -5.0
STXI Strive International Developed Markets ETF 4.7 29 10 6.9 -5.2
IMTM iShares MSCI Intl Momentum Factor ETF 4.7 30 9 6.3 -5.7
BKIE BNY Mellon International Equity ETF 4.6 4 35 7.1 -5.0
PICK iShares MSCI Global Metals & Mining Producers ETF 4.6 39 0 12.8 +0.8
IEFA iShares Core MSCI EAFE ETF 4.6 7 32 7.1 -4.9
WRND IQ Global Equity R&D Leaders ETF 4.6 18 21 7.5 -4.6
DIHP Dimensional International High Profitability ETF 4.6 29 10 7.6 -4.4
EPP iShares MSCI Pacific ex-Japan ETF 4.5 47 -8 4.9 -7.2
DWX SPDR S&P International Dividend ETF 4.5 45 -6 6.5 -5.6
FJP First Trust Japan AlphaDEX Fund 4.4 80 -41 10.3 -1.8
DFAI Dimensional International Core Equity Market ETF 4.4 18 21 7.3 -4.8
TTAI FCF International Quality ETF 4.4 59 -20 5.6 -6.5
SCHF Schwab International Equity ETF 4.4 6 33 7.5 -4.6
TPIF Timothy Plan International ETF 4.3 62 -23 6.8 -5.3
DFIC Dimensional International Core Equity 2 ETF 4.2 23 16 7.7 -4.3
IDEV iShares Core MSCI International Developed Markets ETF 4.1 4 35 7.1 -5.0
IFGL iShares International Developed Real Estate ETF 4.1 48 -9 6.9 -5.1
DXJ WisdomTree Japan Hedged Equity Fund 4.0 48 -9 8.5 -3.5
AVIV Avantis International Large Cap Value ETF 4.0 25 14 9.0 -3.1
WWJD Inspire International ETF 4.0 80 -41 7.3 -4.8
CGDG Capital Group Dividend Growers ETF 4.0 47 -8 6.6 -5.4
ESGD iShares ESG Aware MSCI EAFE ETF 4.0 20 19 6.9 -5.1
SPDW SPDR Portfolio Developed World ex-US ETF 4.0 3 36 7.2 -4.9
FDVV Fidelity High Dividend ETF 4.0 15 24 8.7 -3.4
IDAT iShares Future Cloud 5G and Tech ETF 4.0 47 -8 4.3 -7.8
EFNL iShares MSCI Finland ETF 3.8 56 -17 8.0 -4.0
VEA Vanguard FTSE Developed Markets ETF 3.8 5 34 7.3 -4.7
WLDR Affinity World Leaders Equity ETF 3.8 67 -28 8.1 -4.0
IQSI IQ Candriam International Equity ETF 3.8 15 24 6.6 -5.4
JIRE JPMorgan International Research Enhanced Equity ETF 3.7 24 15 7.1 -4.9
KXI iShares Global Consumer Staples ETF 3.7 41 -2 5.7 -6.3
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 3.7 25 14 8.6 -3.5
IPKW Invesco International BuyBack Achievers ETF 3.7 55 -16 11.0 -1.0
IDRV iShares Self-driving EV & Tech ETF 3.7 47 -8 -0.4 -12.5
TOKE Cambria Cannabis ETF 3.7 42 -3 1.8 -10.2
NXTG First Trust Indxx NextG ETF 3.7 70 -31 6.2 -5.8
IMOM Alpha Architect International Quantitative Momentum ETF 3.6 49 -10 5.7 -6.4
CGIE Capital Group International Equity ETF 3.6 54 -15 4.9 -7.1
EWO iShares MSCI Austria ETF 3.5 50 -11 14.1 +2.0
SEA U.S. Global Sea to Sky Cargo ETF 3.5 60 -21 21.5 +9.5
CEFA Global X S&P Catholic Values Developed ex-US ETF 3.4 35 4 6.6 -5.4
VNQI Vanguard Global ex-U.S. Real Estate ETF 3.4 12 27 8.3 -3.8
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 3.4 10 29 7.7 -4.4
IQDE FlexShares International Quality Dividend Defensive Index ET 3.4 47 -8 14.8 +2.8
OEUR ALPS O'Shares Europe Quality Dividend ETF 3.3 48 -9 5.7 -6.4
DEW WisdomTree Global High Dividend Fund 3.3 58 -19 8.5 -3.5
DFSI Dimensional International Sustainability Core 1 ETF 3.3 24 15 6.5 -5.6
GXUS Goldman Sachs MarketBeta Total International Equity ETF 3.3 18 21 7.0 -5.0
IXJ iShares Global Healthcare ETF 3.3 42 -3 6.5 -5.5
CWI SPDR MSCI ACWI ex-US ETF 3.3 30 9 6.9 -5.1
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 3.3 39 0 7.4 -4.6
ACWX iShares MSCI ACWI ex U.S. ETF 3.2 34 5 7.0 -5.1
EWD iShares MSCI Sweden ETF 3.2 54 -15 6.6 -5.4
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 3.2 25 14 5.6 -6.4
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 3.2 41 -2 7.4 -4.6
EWN iShares MSCI Netherlands ETF 3.1 50 -11 5.1 -6.9
FDRR Fidelity Dividend ETF for Rising Rates 3.1 15 24 7.4 -4.7
EUFN iShares MSCI Europe Financials ETF 3.1 51 -12 8.1 -3.9
IDHQ Invesco S&P International Developed High Quality ETF 3.0 29 10 6.5 -5.6
VEU Vanguard FTSE All-World ex-US Index Fund 3.0 8 31 7.3 -4.8
FLAU Franklin FTSE Australia ETF 2.9 9 30 5.4 -6.6
IXUS iShares Core MSCI Total International Stock ETF 2.9 7 32 7.2 -4.9
IMFL Invesco International Developed Dynamic Multifactor ETF 2.8 34 5 5.9 -6.2
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 2.8 14 25 6.2 -5.9
VXUS Vanguard Total International Stock ETF 2.8 7 32 7.2 -4.9
VSGX Vanguard ESG International Stock ETF 2.8 12 27 6.8 -5.3
EWA iShares MSCI Australia ETF 2.8 50 -11 4.9 -7.2
DIM WisdomTree International MidCap Dividend Fund 2.7 58 -19 7.7 -4.4
AVDE Avantis International Equity ETF 2.7 23 16 8.1 -4.0
DFAX Dimensional World ex U.S. Core Equity 2 ETF 2.7 30 9 8.0 -4.1
EWG iShares MSCI Germany ETF 2.6 50 -11 6.4 -5.7
JPXN iShares JPX-Nikkei 400 ETF 2.6 48 -9 8.7 -3.4
KNO AXS Knowledge Leaders ETF 2.6 78 -39 4.9 -7.1
JXI iShares Global Utilities ETF 2.6 43 -4 5.9 -6.1
IPAC iShares Core MSCI Pacific ETF 2.5 9 30 7.2 -4.8
EWJV iShares MSCI Japan Value ETF 2.5 15 24 10.2 -1.9
CGXU Capital Group International Focus Equity ETF 2.5 54 -15 4.9 -7.2
CZAR Themes Natural Monopoly ETF 2.5 35 4 6.3 -5.8
LEGR First Trust Indxx Innovative Transaction & Process ETF 2.5 65 -26 8.2 -3.9
IPAV Global X Infrastructure Development ex-U.S. ETF 2.5 55 -16 9.7 -2.4
GNR SPDR S&P Global Natural Resources ETF 2.5 40 -1 9.7 -2.4
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 2.4 12 27 5.9 -6.2
GLOF iShares Global Equity Factor ETF 2.4 20 19 7.0 -5.1
NTZG Nuveen Global Net Zero Transition ETF 2.3 56 -17 4.7 -7.3
QWLD SPDR MSCI World StrategicFactors ETF 2.2 30 9 5.9 -6.1
XT iShares Exponential Technologies ETF 2.2 46 -7 4.8 -7.3
CGV Conductor Global Equity Value ETF 2.2 130 -91 10.9 -1.2
UMMA Wahed Dow Jones Islamic World ETF 2.2 65 -26 4.6 -7.5
DRIV Global X Autonomous & Electric Vehicles ETF 2.2 68 -29 4.8 -7.2
FLGR Franklin FTSE Germany ETF 2.2 9 30 7.0 -5.0
KNCT Invesco Next Gen Connectivity ETF 2.2 40 -1 5.6 -6.5
VPL Vanguard FTSE Pacific ETF 2.1 8 31 7.7 -4.3
IQLT iShares MSCI Intl Quality Factor ETF 2.1 30 9 6.2 -5.8
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 2.1 42 -3 8.1 -4.0
AVSD Avantis Responsible International Equity ETF 2.1 23 16 7.1 -5.0
DMXF iShares ESG Advanced MSCI EAFE ETF 2.1 12 27 5.5 -6.5
DBJP Xtrackers MSCI Japan Hedged Equity ETF 2.1 47 -8 7.4 -4.7
IGRO iShares International Dividend Growth ETF 2.1 15 24 7.5 -4.5
IDMO Invesco S&P International Developed Momentum ETF 2.1 25 14 5.9 -6.2
MXI iShares Global Materials ETF 2.0 41 -2 7.0 -5.1
FIXT Procure Disaster Recovery Strategy ETF 2.0 75 -36 5.8 -6.2
CGUS Capital Group Core Equity ETF 2.0 33 6 4.4 -7.6
BBJP JPMorgan BetaBuilders Japan ETF 2.0 19 20 7.8 -4.2
DAX Global X DAX Germany ETF 2.0 21 18 6.9 -5.1
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 2.0 60 -21 0.5 -11.6
EWJ iShares MSCI Japan ETF 2.0 50 -11 8.0 -4.1
BLES Inspire Global Hope ETF 2.0 61 -22 6.4 -5.6
RWX SPDR Dow Jones International Real Estate ETF 2.0 59 -20 7.4 -4.7
CCNR ALPS CoreCommodity Natural Resources ETF 2.0 39 0 11.0 -1.0
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.9 72 -33 1.0 -11.1
ION ProShares S&P Global Core Battery Metals ETF 1.9 58 -19 15.5 +3.5
LITP Sprott Lithium Miners ETF 1.9 65 -26 16.9 +4.9
SETM Sprott Energy Transition Materials ETF 1.9 65 -26 6.0 -6.1
REMX VanEck Rare Earth/Strategic Metals ETF 1.9 54 -15 13.9 +1.9
DMAT Global X Disruptive Materials ETF 1.9 59 -20 10.5 -1.6
LIT Global X Lithium & Battery Tech ETF 1.9 75 -36 9.1 -3.0
ILIT iShares Lithium Miners and Producers ETF 1.9 47 -8 12.3 +0.2
LIMI Themes Lithium & Battery Metal Miners ETF 1.9 35 4 4.7 -7.4
EUDV ProShares MSCI Europe Dividend Growers ETF 1.9 55 -16 5.3 -6.8
HART IQ Healthy Hearts ETF 1.9 45 -6 5.0 -7.1
AGQI First Trust Active Global Quality Income ETF 1.9 85 -46 5.9 -6.2
VIGI Vanguard International Dividend Appreciation ETF 1.9 15 24 6.4 -5.6
BLLD JPMorgan Sustainable Infrastructure ETF 1.9 49 -10 5.7 -6.4
FAN First Trust Global Wind Energy ETF 1.9 60 -21 5.5 -6.5
EWP iShares MSCI Spain ETF 1.9 50 -11 8.4 -3.7
CGDV Capital Group Dividend Value ETF 1.9 33 6 5.6 -6.5
VCLN Virtus Duff & Phelps Clean Energy ETF 1.8 59 -20 3.9 -8.2
NLR VanEck Uranium+Nuclear Energy ETF 1.8 61 -22 2.9 -9.2
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 1.8 45 -6 5.7 -6.4
FLJP Franklin FTSE Japan ETF 1.8 9 30 7.8 -4.2
CARZ First Trust NASDAQ Global Auto Index Fund 1.8 70 -31 3.8 -8.2
FLJH Franklin FTSE Japan Hedged ETF 1.8 9 30 7.7 -4.4
GREI Goldman Sachs Future Real Estate and Infrastructure Equity E 1.8 75 -36 4.6 -7.5
FINE Themes European Luxury ETF 1.8 35 4 -2.3 -14.3
FICS First Trust International Developed Capital Strength ETF 1.8 70 -31 5.3 -6.8
GSIB Themes Global Systemically Important Banks ETF 1.7 35 4 13.4 +1.4
SDIV Global X Superdividend ETF 1.7 58 -19 14.9 +2.9
EDEN iShares MSCI Denmark ETF 1.7 53 -14 6.9 -5.1
FRNW Fidelity Clean Energy ETF 1.7 39 0 2.6 -9.5
RNRG Global X Renewable Energy Producers ETF 1.7 66 -27 5.5 -6.5
EWS iShares MSCI Singapore ETF 1.7 50 -11 5.0 -7.0
CRUZ Defiance Hotel Airline and Cruise ETF 1.7 45 -6 -4.6 -16.6
AIRL Themes Airlines ETF 1.7 35 4 -16.7 -28.7
GMET VanEck Green Metals ETF 1.6 63 -24 10.7 -1.4
CLNR IQ Cleaner Transport ETF 1.6 45 -6 6.8 -5.2
MOTO SmartETFs Smart Transportation & Technology ETF 1.6 68 -29 7.3 -4.8
LUX Tema Luxury ETF 1.6 75 -36 3.0 -9.0
LUXX Roundhill S&P Global Luxury ETF 1.6 45 -6 2.9 -9.2
CRAK VanEck Oil Refiners ETF 1.6 61 -22 14.7 +2.7
EFG iShares MSCI EAFE Growth ETF 1.6 36 3 4.5 -7.5
SAGP Strategas Global Policy Opportunities ETF 1.6 65 -26 5.3 -6.8
IXC iShares Global Energy ETF 1.6 44 -5 8.7 -3.4
IZRL ARK Israel Innovative Technology ETF 1.6 49 -10 1.3 -10.8
IXP iShares Global Comm Services ETF 1.6 42 -3 5.1 -7.0
FILL iShares MSCI Global Energy Producers ETF 1.6 39 0 9.6 -2.4
OBOR KraneShares MSCI One Belt One Road Index ETF 1.5 79 -40 10.3 -1.8
ERET iShares Environmentally Aware Real Estate ETF 1.5 30 9 6.5 -5.6
ESGG FlexShares STOXX Global ESG Select Index Fund 1.5 42 -3 5.1 -6.9
NORW Global X MSCI Norway ETF 1.5 50 -11 7.6 -4.5
ENOR iShares MSCI Norway ETF 1.5 53 -14 7.5 -4.5
MJ ETFMG Alternative Harvest 1.5 75 -36 -42.4 -54.5
FTRI First Trust Indxx Global Natural Resources Income ETF 1.5 70 -31 9.8 -2.3
RXI iShares Global Consumer Discretionary ETF 1.5 41 -2 5.4 -6.7
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.4 46 -7 9.3 -2.7
EFAD ProShares MSCI EAFE Dividend Growers ETF 1.4 50 -11 5.3 -6.7
HAP VanEck Natural Resources ETF 1.4 50 -11 10.0 -2.1
EV Mast Global Battery Recycling & Production ETF 1.4 65 -26 12.2 +0.2
OAIM OneAscent International Equity ETF 1.4 95 -56 5.1 -6.9
QTUM Defiance Quantum ETF 1.4 40 -1 3.6 -8.5
ASEA Global X FTSE Southeast Asia ETF 1.4 65 -26 6.3 -5.7
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 1.3 85 -46 8.6 -3.5
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.3 45 -6 -0.6 -12.6
CRTC Xtrackers US National Critical Technologies ETF 1.3 35 4 5.1 -7.0
KOKU Xtrackers MSCI Kokusai Equity ETF 1.3 9 30 5.2 -6.9
EIS iShares MSCI Israel ETF 1.3 58 -19 8.5 -3.6
URTH iShares MSCI World ETF 1.2 24 15 5.2 -6.9
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 1.2 95 -56 10.5 -1.6
BATT Amplify Lithium & Battery Technology ETF 1.2 59 -20 -0.1 -12.2
CGGO Capital Group Global Growth Equity ETF 1.2 47 -8 4.6 -7.5
ICLN iShares Global Clean Energy ETF 1.2 41 -2 6.0 -6.1
RAYD Rayliant Quantitative Developed Market Equity ETF 1.2 80 -41 3.8 -8.2
TOK iShares MSCI Kokusai ETF 1.2 26 13 5.0 -7.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.2 9 30 5.4 -6.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.2 20 19 5.2 -6.9
ACWV iShares MSCI Global Min Vol Factor ETF 1.1 20 19 6.3 -5.7
KLMT Invesco MSCI Global Climate 500 ETF 1.1 10 29 5.4 -6.6
FPXE First Trust IPOX Europe Equity Opportunities ETF 1.1 70 -31 3.5 -8.5
JSTC Adasina Social Justice All Cap Global ETF 1.1 89 -50 4.9 -7.1
ACWI iShares MSCI ACWI ETF 1.1 32 7 5.3 -6.8
AGNG Global X Aging Population ETF 1.1 50 -11 4.2 -7.8
TRFK Pacer Data and Digital Revolution ETF 1.1 60 -21 4.0 -8.0
OCEN IQ Clean Oceans ETF 1.1 45 -6 6.1 -6.0
ISRA VanEck Israel ETF 1.0 59 -20 8.0 -4.1
AIA iShares Asia 50 ETF 1.0 50 -11 6.6 -5.4
GINN Goldman Sachs Innovate Equity ETF 1.0 52 -13 2.8 -9.3
VT Vanguard Total World Stock ETF 1.0 7 32 5.5 -6.5
PBD Invesco Global Clean Energy ETF 1.0 75 -36 -5.3 -17.3
IGF iShares Global Infrastructure ETF 1.0 41 -2 4.3 -7.8
GII SPDR S&P Global Infrastructure ETF 1.0 40 -1 4.3 -7.8
SCZ iShares MSCI EAFE Small-Cap ETF 0.9 40 -1 6.6 -5.5
IOO iShares Global 100 ETF 0.9 41 -2 4.8 -7.2
SUPL ProShares Supply Chain Logistics ETF 0.9 58 -19 14.2 +2.2
TEMP JPMorgan Climate Change Solutions ETF 0.9 49 -10 5.5 -6.6
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.9 47 -8 5.5 -6.6
WDNA WisdomTree BioRevolution Fund 0.9 45 -6 -3.8 -15.8
AVDV Avantis International Small Cap Value ETF 0.8 36 3 8.1 -3.9
SDG iShares MSCI Global Sustainable Development Goals ETF 0.8 49 -10 5.6 -6.4
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.8 49 -10 7.0 -5.1
VGSR Vert Global Sustainable Real Estate ETF 0.8 47 -8 5.6 -6.5
IXG iShares Global Financials ETF 0.8 42 -3 6.2 -5.9
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.7 70 -31 6.2 -5.9
SMOG VanEck Low Carbon Energy ETF 0.7 61 -22 2.4 -9.7
FLAX Franklin FTSE Asia Ex Japan ETF 0.7 19 20 6.9 -5.2
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.7 12 27 4.8 -7.3
SCJ iShares MSCI Japan Small-Cap ETF 0.7 50 -11 7.0 -5.1
ERTH Invesco MSCI Sustainable Future ETF 0.7 62 -23 3.6 -8.4
IWTR iShares MSCI Water Management Multisector ETF 0.6 47 -8 5.0 -7.1
GQRE FlexShares Global Quality Real Estate Index Fund 0.6 45 -6 5.9 -6.1
ISCF iShares International SmallCap Equity Factor ETF 0.6 23 16 9.1 -2.9
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.5 80 -41 10.8 -1.3
ZSB USCF Sustainable Battery Metals Strategy Fund 0.5 61 -22 18.6 +6.6
RWO SPDR Dow Jones Global Real Estate ETF 0.5 50 -11 6.1 -5.9
DSTX Distillate International Fundamental Stability & Value ETF 0.5 55 -16 8.0 -4.1
REET iShares Global REIT ETF 0.5 14 25 6.2 -5.8
FNDC Schwab Fundamental International Small Co. Index ETF 0.5 39 0 7.2 -4.9
DFGR Dimensional Global Real Estate ETF 0.4 22 17 6.2 -5.8
IEUS iShares MSCI Europe Small-Cap ETF 0.4 42 -3 6.4 -5.6
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.4 46 -7 4.9 -7.2
JETS U.S. Global Jets ETF 0.4 60 -21 -13.3 -25.3
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.4 65 -26 0.2 -11.8
SCHC Schwab International Small-Cap Equity ETF 0.3 11 28 6.6 -5.5
AVRE Avantis Real Estate ETF 0.3 17 22 5.9 -6.2
IXN iShares Global Tech ETF 0.3 41 -2 4.5 -7.6
IQRA IQ CBRE Real Assets ETF 0.3 65 -26 5.2 -6.9
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.3 58 -19 4.6 -7.5
BBCA JPMorgan BetaBuilders Canada ETF 0.3 19 20 6.6 -5.5
EWC iShares MSCI Canada ETF 0.3 50 -11 6.5 -5.6
DISV Dimensional International Small Cap Value ETF 0.3 42 -3 9.1 -2.9
SHPP Pacer Industrials and Logistics ETF 0.3 60 -21 9.9 -2.2
EXI iShares Global Industrials ETF 0.2 42 -3 4.5 -7.5
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 7 32 6.7 -5.4
DFIS Dimensional International Small Cap ETF 0.2 39 0 6.9 -5.2
GLBL Pacer MSCI World Industry Advantage ETF 0.1 65 -26 4.7 -7.4
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.0 33 6 8.2 -3.8

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

  2019 2020 2021 2022 2023 2024E 2025E
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
  2023 2024E 2025E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 AAM S&P Developed Markets High Dividend Value ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 9.0 %
Divided by: Fwd. P/BV 0.7 x
Less: Expense ratio 39 bp
Equals: ALTAR Score 12.1 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.76 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.