AAM S&P Developed Markets High Dividend Value ETF
ALTAR
Score™		 13.1% info Recommen-
dation		 SPECULATIVE
2024E    2025E
P/E
ratio		 9.5x P/Sales
ratio		 0.8x
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 56
Wgt avg mkt cap (mns) $29,011
Large cap (>$10bn) 62.2%
Mid cap ($2-10bn) 36.1%
Small cap (<$2bn) 1.6%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
TELE2 AB CLASS B 2.1 %
ABN AMRO GROUP N.V. SHS DEPOSITARY 2.1 %
BROTHER INDUSTRIES LTD 2.1 %
JB HI-FI LTD 2.1 %
LM ERICSSON TELEFON AB CLASS B 2.0 %
ROYAL AHOLD DELHAIZE N.V. 2.0 %
FRESENIUS SE 2.0 %
BRITISH AMERICAN TOBACCO PLC 2.0 %
AVIVA PLC 2.0 %
IMPERIAL TOBACCO GROUP PLC 2.0 %
Total 20.4 %

TOP COUNTRY EXPOSURE
BRITAIN 18.4 %
JAPAN 11.3 %
AUSTRALIA 10.7 %
GERMANY 7.3 %
HONG KONG 6.6 %
SPAIN 5.5 %
SWEDEN 5.5 %
FRANCE 5.2 %
NETHERLANDS 4.1 %
SINGAPORE 3.7 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-0.4% 9.7% 3.2% -- 2.5%

Market Correlations
versus... Beta R-squared
S&P500 0.74 53%
MSCI EAFE 0.97 86%
MSCI Emg. Mkts. 0.81 61%

Technical Indicators
Recent close $22.74
30d moving avg. $22.59
Annualized volatility 18.2%
Short interest (ETF) 0.1%
Relative strength (RSI) 50

Liquidity measures
Avg. volume (thou.) 0
Turnover 0.0%
Bid/Ask (% of price) 0.78%
ADV underlying (mns) $3,167

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 355 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™: 13.1%


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
(%)
EFAS Global X MSCI SuperDividend EAFE ETF 30.8 57 -18 9.7 -3.3
IDOG ALPS International Sector Dividend Dogs ETF 27.2 50 -11 11.5 -1.6
IDV iShares International Select Dividend ETF 20.5 51 -12 12.0 -1.1
IVLU iShares MSCI Intl Value Factor ETF 18.9 30 9 11.0 -2.1
JHID John Hancock International High Dividend ETF 18.9 46 -7 11.0 -2.1
FIDI Fidelity International High Dividend ETF 17.6 18 21 10.4 -2.6
VWID Virtus WMC International Dividend ETF 16.9 49 -10 9.2 -3.8
FDD First Trust Stoxx European Select Dividend Index Fund 16.1 58 -19 12.9 -0.2
ICOW Pacer Developed Markets International Cash Cows 100 ETF 16.0 65 -26 12.3 -0.8
CID VictoryShares International High Div Volatility Wtd ETF 15.8 45 -6 9.0 -4.1
MOTI VanEck Morningstar International Moat ETF 15.0 58 -19 6.2 -6.8
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 15.0 9 30 9.5 -3.6
DTH WisdomTree International High Dividend Fund 14.8 58 -19 10.0 -3.1
RFEU First Trust Riverfront Dynamic Europe ETF 14.6 83 -44 8.8 -4.2
LVHI Franklin International Low Volatility High Dividend Index ET 13.9 40 -1 10.3 -2.7
EFV iShares MSCI EAFE Value ETF 13.8 34 5 8.9 -4.2
IVAL Alpha Architect International Quantitative Value ETF 13.0 49 -10 10.2 -2.8
RFDI First Trust Riverfront Dynamic Developed International ETF 12.9 83 -44 8.8 -4.3
FIVA Fidelity International Value Factor ETF 12.8 18 21 9.8 -3.2
AIVI WisdomTree International AI Enhanced Value Fund 12.2 58 -19 8.0 -5.1
DIVI Franklin International Core Dividend Tilt Index ETF 12.1 9 30 7.6 -5.5
FGD First Trust Dow Jones Global Select Dividend Index Fund 11.7 56 -17 13.6 +0.5
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 11.7 20 19 10.2 -2.9
RODM Hartford Multifactor Developed Markets (ex-US) ETF 11.6 29 10 8.6 -4.5
BINV Brandes International ETF 11.5 70 -31 8.2 -4.8
FDEV Fidelity International Multifactor ETF 11.4 18 21 7.4 -5.7
FKU First Trust United Kingdom AlphaDEX Fund 11.4 80 -41 7.1 -5.9
GCOW Pacer Global Cash Cows Dividend ETF 11.3 60 -21 12.1 -0.9
DOL WisdomTree International LargeCap Dividend Fund 11.2 48 -9 7.7 -5.3
JPIN J.P. Morgan Diversified Return International Equity ETF 10.8 37 2 8.5 -4.6
DFIV Dimensional International Value ETF 10.6 27 12 9.8 -3.3
DWX SPDR S&P International Dividend ETF 10.6 45 -6 6.6 -6.4
EWU iShares MSCI United Kingdom ETF 10.6 50 -11 7.9 -5.1
IEV iShares Europe ETF 10.2 67 -28 6.2 -6.9
DVYA iShares Asia/Pacific Dividend ETF 10.1 49 -10 9.3 -3.7
IQIN IQ 500 International ETF 10.0 25 14 8.7 -4.3
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 10.0 65 -26 5.8 -7.2
FNDF Schwab Fundamental International Large Co. Index ETF 9.9 25 14 9.3 -3.8
EQIN Columbia US Equity Income ETF 9.9 35 4 8.5 -4.6
VIDI Vident International Equity Strategy ETF 9.8 61 -22 11.9 -1.2
UIVM VictoryShares International Value Momentum ETF 9.8 35 4 10.5 -2.6
VYMI Vanguard International High Dividend Yield ETF 9.6 22 17 9.6 -3.5
EFAV iShares MSCI EAFE Min Vol Factor ETF 9.3 22 17 5.9 -7.2
DWM WisdomTree International Equity Fund 9.3 48 -9 7.8 -5.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 9.2 45 -6 8.6 -4.5
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 9.2 40 -1 7.9 -5.2
INTF iShares International Equity Factor ETF 9.1 15 24 8.0 -5.1
QEFA SPDR MSCI EAFE StrategicFactors ETF 9.0 30 9 6.7 -6.3
IEUR iShares Core MSCI Europe ETF 9.0 11 28 6.6 -6.4
QINT American Century Quality Diversified International ETF 8.9 39 0 7.7 -5.4
VGK Vanguard FTSE Europe ETF 8.9 11 28 6.7 -6.4
SCHY Schwab International Dividend Equity ETF 8.8 14 25 8.9 -4.1
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 8.7 25 14 6.9 -6.2
OEUR ALPS O'Shares Europe Quality Dividend ETF 8.7 48 -9 5.9 -7.1
SPEU SPDR Portfolio Europe ETF 8.6 7 32 6.6 -6.5
IQDF FlexShares International Quality Dividend Index Fund 8.3 47 -8 8.9 -4.2
FYLD Cambria Foreign Shareholder Yield ETF 8.2 59 -20 12.2 -0.9
FLEU Franklin FTSE Eurozone ETF 8.1 9 30 6.9 -6.2
FLGB Franklin FTSE United Kingdom ETF 8.1 9 30 8.2 -4.8
DWMF WisdomTree International Multifactor Fund 8.0 38 1 7.4 -5.7
RODE Hartford Multifactor Diversified International ETF 8.0 29 10 11.4 -1.7
EZU iShares MSCI Eurozone ETF 7.9 52 -13 6.3 -6.7
EWH iShares MSCI Hong Kong ETF 7.9 50 -11 7.0 -6.1
BBEU JPMorgan BetaBuilders Europe ETF 7.8 9 30 6.9 -6.2
HEDJ WisdomTree Europe Hedged Equity Fund 7.6 58 -19 9.3 -3.7
EFA iShares MSCI EAFE ETF 7.6 35 4 6.5 -6.6
FEZ SPDR EURO STOXX 50 ETF 7.6 29 10 6.5 -6.6
FLEE Franklin FTSE Europe ETF 7.6 9 30 6.9 -6.2
DBEU Xtrackers MSCI Europe Hedged Equity ETF 7.5 46 -7 6.5 -6.6
JHMD John Hancock Multifactor Developed International ETF 7.4 39 0 7.4 -5.6
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 7.3 20 19 6.1 -7.0
IQDY FlexShares International Quality Dividend Dynamic Index Fund 7.2 47 -8 9.1 -4.0
FID First Trust S&P International Dividend Aristocrats ETF 7.0 60 -21 9.4 -3.6
FEUZ First Trust Eurozone AlphaDEX ETF 6.7 80 -41 4.3 -8.7
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 6.7 80 -41 5.2 -7.9
IEFA iShares Core MSCI EAFE ETF 6.6 7 32 6.7 -6.3
ESGD iShares ESG Aware MSCI EAFE ETF 6.5 20 19 6.4 -6.6
EUDG WisdomTree Europe Quality Dividend Growth Fund 6.4 58 -19 5.9 -7.2
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 6.3 45 -6 6.6 -6.5
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 6.3 20 19 6.8 -6.3
GSIE Goldman Sachs ActiveBeta International Equity ETF 6.3 25 14 7.0 -6.0
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 6.3 32 7 5.7 -7.4
IQSI IQ Candriam International Equity ETF 6.3 15 24 6.4 -6.7
FENI Fidelity Enhanced International ETF 6.2 28 11 8.0 -5.0
FEP First Trust Europe AlphaDEX Fund 6.1 80 -41 5.5 -7.6
SCHF Schwab International Equity ETF 6.1 6 33 7.1 -5.9
DIHP Dimensional International High Profitability ETF 6.0 29 10 7.4 -5.6
HFXI IQ FTSE International Equity Currency Neutral ETF 6.0 20 19 6.8 -6.2
GSID Goldman Sachs MarketBeta International Equity ETF 6.0 20 19 6.7 -6.4
IDLV Invesco S&P International Developed Low Volatility ETF 6.0 25 14 5.8 -7.2
IDEV iShares Core MSCI International Developed Markets ETF 5.9 4 35 6.8 -6.3
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 5.9 36 3 6.5 -6.5
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 5.9 39 0 7.2 -5.9
FGM First Trust Germany AlphaDEX Fund 5.8 80 -41 9.7 -3.4
FDVV Fidelity High Dividend ETF 5.7 15 24 9.0 -4.1
VEA Vanguard FTSE Developed Markets ETF 5.7 5 34 6.9 -6.2
DFAI Dimensional International Core Equity Market ETF 5.6 18 21 7.0 -6.1
DGT SPDR Global Dow ETF 5.6 50 -11 6.6 -6.4
ISZE iShares MSCI Intl Size Factor ETF 5.5 30 9 6.7 -6.4
WDIV SPDR S&P Global Dividend ETF 5.5 40 -1 9.6 -3.5
EWP iShares MSCI Spain ETF 5.5 50 -11 7.9 -5.1
GVAL Cambria Global Value ETF 5.5 68 -29 12.9 -0.2
SPDW SPDR Portfolio Developed World ex-US ETF 5.5 3 36 6.8 -6.2
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 5.5 75 -36 7.6 -5.5
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 5.4 24 15 8.3 -4.7
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 5.4 58 -19 6.0 -7.0
IQDG WisdomTree International Quality Dividend Growth Fund 5.4 42 -3 6.1 -6.9
FJP First Trust Japan AlphaDEX Fund 5.4 80 -41 10.8 -2.3
IGRO iShares International Dividend Growth ETF 5.4 15 24 7.1 -5.9
BKIE BNY Mellon International Equity ETF 5.3 4 35 6.9 -6.2
IQDE FlexShares International Quality Dividend Defensive Index ET 5.3 47 -8 8.2 -4.8
EFAD ProShares MSCI EAFE Dividend Growers ETF 5.3 50 -11 5.0 -8.1
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 5.3 51 -12 6.7 -6.3
CIL VictoryShares International Volatility Wtd ETF 5.3 45 -6 6.8 -6.2
EWI iShares MSCI Italy ETF 5.2 50 -11 8.3 -4.8
EUDV ProShares MSCI Europe Dividend Growers ETF 5.1 55 -16 4.9 -8.1
EWG iShares MSCI Germany ETF 5.1 50 -11 6.5 -6.6
FLHK Franklin FTSE Hong Kong ETF 5.1 9 30 7.4 -5.7
FLGR Franklin FTSE Germany ETF 5.0 9 30 7.1 -6.0
EUFN iShares MSCI Europe Financials ETF 4.9 51 -12 8.0 -5.0
CWI SPDR MSCI ACWI ex-US ETF 4.9 30 9 6.7 -6.3
SEA U.S. Global Sea to Sky Cargo ETF 4.8 60 -21 17.7 +4.6
MOTG VanEck Morningstar Global Wide Moat ETF 4.8 52 -13 5.7 -7.4
ACWX iShares MSCI ACWI ex U.S. ETF 4.8 34 5 6.8 -6.3
CEFA Global X S&P Catholic Values Developed ex-US ETF 4.7 35 4 6.2 -6.9
WRND IQ Global Equity R&D Leaders ETF 4.6 18 21 7.1 -6.0
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 4.6 14 25 5.8 -7.2
WWJD Inspire International ETF 4.6 80 -41 6.9 -6.1
FDT First Trust Developed Markets ex-US AlphaDEX Fund 4.5 80 -41 8.1 -5.0
DAX Global X DAX Germany ETF 4.5 21 18 6.9 -6.2
NUDM Nuveen ESG International Developed Markets Equity ETF 4.5 31 8 6.3 -6.8
AVIV Avantis International Large Cap Value ETF 4.4 25 14 8.8 -4.3
DFIC Dimensional International Core Equity 2 ETF 4.4 23 16 7.5 -5.6
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 4.3 80 -41 8.2 -4.9
IMFL Invesco International Developed Dynamic Multifactor ETF 4.3 34 5 10.8 -2.3
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 4.2 19 20 5.7 -7.3
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 4.2 46 -7 9.3 -3.8
KXI iShares Global Consumer Staples ETF 4.2 41 -2 5.5 -7.5
JIRE JPMorgan International Research Enhanced Equity ETF 4.2 24 15 6.8 -6.3
GNR SPDR S&P Global Natural Resources ETF 4.2 40 -1 9.8 -3.2
IXUS iShares Core MSCI Total International Stock ETF 4.2 7 32 7.0 -6.1
WPS iShares International Developed Property ETF 4.1 48 -9 7.0 -6.1
VEU Vanguard FTSE All-World ex-US Index Fund 4.1 8 31 7.0 -6.1
HART IQ Healthy Hearts ETF 4.1 45 -6 5.2 -7.8
IXJ iShares Global Healthcare ETF 4.0 42 -3 5.8 -7.2
EPP iShares MSCI Pacific ex-Japan ETF 4.0 47 -8 5.3 -7.8
TOKE Cambria Cannabis ETF 4.0 42 -3 2.2 -10.9
FDRR Fidelity Dividend ETF for Rising Rates 3.8 15 24 7.7 -5.4
EWQ iShares MSCI France ETF 3.8 53 -14 5.8 -7.2
IFGL iShares International Developed Real Estate ETF 3.8 48 -9 6.6 -6.4
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 3.8 41 -2 6.7 -6.4
VCLN Virtus Duff & Phelps Clean Energy ETF 3.8 59 -20 3.4 -9.7
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 3.7 39 0 7.7 -5.4
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 3.7 10 29 7.6 -5.5
JXI iShares Global Utilities ETF 3.7 43 -4 6.3 -6.7
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 3.7 42 -3 7.4 -5.6
NLR VanEck Uranium+Nuclear Energy ETF 3.6 61 -22 4.0 -9.1
UMMA Wahed Dow Jones Islamic World ETF 3.6 65 -26 4.6 -8.5
IDHQ Invesco S&P International Developed High Quality ETF 3.6 29 10 6.2 -6.8
VXUS Vanguard Total International Stock ETF 3.6 7 32 6.9 -6.1
DIM WisdomTree International MidCap Dividend Fund 3.6 58 -19 7.5 -5.5
LUX Tema Luxury ETF 3.6 75 -36 3.9 -9.2
LUXX Roundhill S&P Global Luxury ETF 3.6 45 -6 3.0 -10.1
KLDW Knowledge Leaders Developed World ETF 3.5 75 -36 4.8 -8.3
TPIF Timothy Plan International ETF 3.5 62 -23 6.5 -6.5
VNQI Vanguard Global ex-U.S. Real Estate ETF 3.5 12 27 8.0 -5.1
VIGI Vanguard International Dividend Appreciation ETF 3.5 15 24 5.7 -7.3
NXTG First Trust Indxx NextG ETF 3.5 70 -31 5.9 -7.2
DEW WisdomTree Global High Dividend Fund 3.5 58 -19 8.7 -4.4
DMXF iShares ESG Advanced MSCI EAFE ETF 3.5 12 27 5.1 -8.0
ION ProShares S&P Global Core Battery Metals ETF 3.5 58 -19 13.0 -0.0
GMET VanEck Green Metals ETF 3.5 63 -24 10.6 -2.4
EV Mast Global Battery Recycling & Production ETF 3.5 65 -26 13.2 +0.1
GLOF iShares Global Equity Factor ETF 3.4 20 19 7.2 -5.9
SAGP Strategas Global Policy Opportunities ETF 3.4 65 -26 5.3 -7.8
EWN iShares MSCI Netherlands ETF 3.4 50 -11 4.6 -8.5
IDNA iShares Genomics Immunology and Healthcare ETF 3.3 47 -8 -4.0 -17.1
WLDR Affinity World Leaders Equity ETF 3.3 67 -28 8.4 -4.7
DSTX Distillate International Fundamental Stability & Value ETF 3.3 55 -16 8.6 -4.4
QWLD SPDR MSCI World StrategicFactors ETF 3.3 30 9 5.9 -7.2
DFSI Dimensional International Sustainability Core 1 ETF 3.3 24 15 6.1 -6.9
CLNR IQ Cleaner Transport ETF 3.3 45 -6 6.3 -6.7
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 3.2 85 -46 8.7 -4.4
IQLT iShares MSCI Intl Quality Factor ETF 3.2 30 9 6.0 -7.1
AVDE Avantis International Equity ETF 3.2 23 16 7.8 -5.3
BOAT SonicShares Global Shipping ETF 3.2 69 -30 31.0 +17.9
LNGG Roundhill Alerian LNG ETF 3.2 65 -26 8.5 -4.6
VSGX Vanguard ESG International Stock ETF 3.2 12 27 6.5 -6.6
IDMO Invesco S&P International Developed Momentum ETF 3.1 25 14 7.6 -5.5
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 3.1 45 -6 5.8 -7.2
EWD iShares MSCI Sweden ETF 3.0 54 -15 6.1 -6.9
SDIV Global X Superdividend ETF 2.9 58 -19 15.0 +2.0
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 2.9 25 14 7.7 -5.3
TTAI FCF International Quality ETF 2.9 59 -20 6.6 -6.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 2.9 30 9 7.9 -5.2
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 2.9 25 14 5.7 -7.3
ENOR iShares MSCI Norway ETF 2.8 53 -14 7.6 -5.4
NORW Global X MSCI Norway ETF 2.8 50 -11 7.6 -5.5
RWX SPDR Dow Jones International Real Estate ETF 2.8 59 -20 6.6 -6.5
PICK iShares MSCI Global Metals & Mining Producers ETF 2.7 39 0 12.7 -0.3
WBAT WisdomTree Battery Value Chain and Innovation Fund 2.7 45 -6 -0.5 -13.5
CGXU Capital Group International Focus Equity ETF 2.7 54 -15 5.1 -8.0
IPAC iShares Core MSCI Pacific ETF 2.6 9 30 6.8 -6.2
EWJV iShares MSCI Japan Value ETF 2.6 15 24 8.6 -4.5
EWA iShares MSCI Australia ETF 2.5 50 -11 5.1 -8.0
JPXN iShares JPX-Nikkei 400 ETF 2.5 48 -9 7.8 -5.3
IPKW Invesco International BuyBack Achievers ETF 2.5 55 -16 9.5 -3.5
MXI iShares Global Materials ETF 2.5 41 -2 6.8 -6.3
RAYD Rayliant Quantitative Developed Market Equity ETF 2.4 80 -41 4.5 -8.6
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 2.3 47 -8 5.7 -7.4
EIS iShares MSCI Israel ETF 2.3 58 -19 8.6 -4.5
DBJP Xtrackers MSCI Japan Hedged Equity ETF 2.3 47 -8 6.9 -6.2
BLES Inspire Global Hope ETF 2.3 61 -22 6.4 -6.7
EWJ iShares MSCI Japan ETF 2.3 50 -11 7.1 -6.0
RXI iShares Global Consumer Discretionary ETF 2.2 41 -2 5.8 -7.3
SHPP Pacer Industrials and Logistics ETF 2.2 60 -21 8.5 -4.6
WDNA WisdomTree BioRevolution Fund 2.2 45 -6 -3.7 -16.7
SDG iShares MSCI Global Sustainable Development Goals ETF 2.2 49 -10 5.6 -7.5
DRIV Global X Autonomous & Electric Vehicles ETF 2.1 68 -29 5.7 -7.4
IOO iShares Global 100 ETF 2.1 41 -2 4.9 -8.2
VPL Vanguard FTSE Pacific ETF 2.1 8 31 6.9 -6.1
LEGR First Trust Indxx Innovative Transaction & Process ETF 2.1 65 -26 8.3 -4.8
IXG iShares Global Financials ETF 2.1 42 -3 6.6 -6.4
CGV Conductor Global Equity Value ETF 2.1 130 -91 10.5 -2.6
ESGG FlexShares STOXX Global ESG Select Index Fund 2.1 42 -3 5.2 -7.8
BBJP JPMorgan BetaBuilders Japan ETF 2.1 19 20 6.9 -6.1
ADIV SmartETFs Asia Pacific Dividend Builder ETF 2.1 78 -39 9.3 -3.8
HAP VanEck Natural Resources ETF 2.0 50 -11 10.0 -3.1
ERET iShares Environmentally Aware Real Estate ETF 2.0 30 9 6.7 -6.3
IDAT iShares Future Cloud 5G and Tech ETF 2.0 47 -8 4.4 -8.7
DXJ WisdomTree Japan Hedged Equity Fund 2.0 48 -9 8.1 -4.9
IMTM iShares MSCI Intl Momentum Factor ETF 2.0 30 9 6.6 -6.5
CGDV Capital Group Dividend Value ETF 2.0 33 6 5.7 -7.3
BNE Blue Horizon BNE ETF 2.0 87 -48 5.2 -7.9
FLJH Franklin FTSE Japan Hedged ETF 2.0 9 30 7.3 -5.8
EFNL iShares MSCI Finland ETF 2.0 56 -17 8.0 -5.1
FLJP Franklin FTSE Japan ETF 1.9 9 30 7.0 -6.1
ACWV iShares MSCI Global Min Vol Factor ETF 1.9 20 19 6.2 -6.9
URTH iShares MSCI World ETF 1.9 24 15 5.4 -7.7
FPAG FPA Global Equity ETF 1.9 49 -10 5.5 -7.6
COPX Global X Copper Miners ETF 1.9 65 -26 8.0 -5.1
INFL Horizon Kinetics Inflation Beneficiaries ETF 1.9 85 -46 4.6 -8.5
IXP iShares Global Comm Services ETF 1.9 42 -3 5.4 -7.6
TOK iShares MSCI Kokusai ETF 1.9 26 13 5.2 -7.8
MOTO SmartETFs Smart Transportation & Technology ETF 1.9 68 -29 7.1 -5.9
BECO BlackRock Future Climate and Sustainable Economy ETF 1.8 70 -31 12.8 -0.3
GSFP Goldman Sachs Future Planet Equity ETF 1.8 75 -36 4.5 -8.6
FAN First Trust Global Wind Energy ETF 1.8 60 -21 5.3 -7.8
SMOG VanEck Low Carbon Energy ETF 1.8 61 -22 2.7 -10.3
IGF iShares Global Infrastructure ETF 1.8 41 -2 4.8 -8.3
GII SPDR S&P Global Infrastructure ETF 1.8 40 -1 4.8 -8.2
VEGI iShares MSCI Agriculture Producers ETF 1.8 39 0 9.5 -3.6
ZIG Acquirers Fund 1.8 84 -45 13.7 +0.6
CRAK VanEck Oil Refiners ETF 1.8 61 -22 13.9 +0.8
EWO iShares MSCI Austria ETF 1.8 50 -11 12.5 -0.6
FPXE First Trust IPOX Europe Equity Opportunities ETF 1.8 70 -31 3.8 -9.3
AGQI First Trust Active Global Quality Income ETF 1.8 85 -46 5.4 -7.7
KNCT Invesco Next Gen Connectivity ETF 1.8 40 -1 5.7 -7.4
CARZ First Trust NASDAQ Global Auto Index Fund 1.8 70 -31 2.9 -10.1
FLSW Franklin FTSE Switzerland ETF 1.7 9 30 5.0 -8.0
FICS First Trust International Developed Capital Strength ETF 1.7 70 -31 4.3 -8.8
EWL iShares MSCI Switzerland ETF 1.7 50 -11 4.0 -9.1
CANC Tema Oncology ETF 1.7 75 -36 -4.1 -17.1
ACWI iShares MSCI ACWI ETF 1.7 32 7 5.5 -7.6
SUPL ProShares Supply Chain Logistics ETF 1.7 58 -19 14.1 +1.1
FILL iShares MSCI Global Energy Producers ETF 1.7 39 0 10.0 -3.1
NDIV Amplify Natural Resources Dividend Income ETF 1.7 59 -20 9.4 -3.7
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.7 58 -19 4.7 -8.3
TINY ProShares Nanotechnology ETF 1.7 58 -19 1.4 -11.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.6 20 19 5.3 -7.8
MJ ETFMG Alternative Harvest 1.6 75 -36 -35.1 -48.2
FTRI First Trust Indxx Global Natural Resources Income ETF 1.6 70 -31 10.0 -3.1
OBOR KraneShares MSCI One Belt One Road Index ETF 1.6 79 -40 9.9 -3.2
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.6 72 -33 0.1 -12.9
LITP Sprott Lithium Miners ETF 1.6 65 -26 17.0 +4.0
SETM Sprott Energy Transition Materials ETF 1.6 65 -26 6.4 -6.6
REMX VanEck Rare Earth/Strategic Metals ETF 1.6 54 -15 14.2 +1.2
DMAT Global X Disruptive Materials ETF 1.6 59 -20 12.1 -1.0
LIT Global X Lithium & Battery Tech ETF 1.6 75 -36 14.0 +1.0
IDRV iShares Self-driving EV & Tech ETF 1.6 47 -8 -0.4 -13.5
VT Vanguard Total World Stock ETF 1.6 7 32 5.8 -7.3
EDEN iShares MSCI Denmark ETF 1.6 53 -14 5.8 -7.2
IXC iShares Global Energy ETF 1.5 44 -5 9.1 -4.0
FLAU Franklin FTSE Australia ETF 1.5 9 30 5.5 -7.6
KOKU Xtrackers MSCI Kokusai Equity ETF 1.5 9 30 5.4 -7.6
CGGO Capital Group Global Growth Equity ETF 1.5 47 -8 4.8 -8.3
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 1.5 46 -7 5.4 -7.7
MOO VanEck Agribusiness ETF 1.5 53 -14 9.6 -3.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.5 9 30 5.7 -7.4
GDVD R3 Global Dividend Growth ETF 1.4 88 -49 5.6 -7.5
IQRA IQ CBRE Real Assets ETF 1.4 65 -26 5.5 -7.6
FSZ First Trust Switzerland AlphaDEX Fund 1.4 80 -41 3.9 -9.2
WCBR WisdomTree Cybersecurity Fund 1.3 45 -6 2.0 -11.0
CIBR First Trust NASDAQ Cybersecurity ETF 1.3 60 -21 4.2 -8.8
BUG Global X Cybersecurity ETF 1.3 51 -12 2.2 -10.9
IHAK iShares Cybersecurity & Tech ETF 1.3 47 -8 3.2 -9.8
HACK ETFMG Prime Cyber Security ETFMG Prime Cyber Security Fund 1.3 60 -21 3.8 -9.3
SPAM Themes Cybersecurity ETF 1.3 35 4 2.0 -11.0
FTAG First Trust Indxx Global Agriculture ETF 1.3 70 -31 9.2 -3.9
CGUS Capital Group Core Equity ETF 1.3 33 6 4.6 -8.4
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.2 12 27 4.8 -8.2
XDAT Franklin Exponential Data ETF 1.2 50 -11 3.0 -10.0
SCAP InfraCap Small Cap Income ETF 1.2 135 -96 8.0 -5.1
BLLD JPMorgan Sustainable Infrastructure ETF 1.2 49 -10 5.6 -7.4
AVDV Avantis International Small Cap Value ETF 1.2 36 3 7.7 -5.4
XT iShares Exponential Technologies ETF 1.1 46 -7 4.7 -8.4
WTRE WisdomTree New Economy Real Estate Fund 1.1 58 -19 4.8 -8.2
OCEN IQ Clean Oceans ETF 1.0 45 -6 5.6 -7.5
AGNG Global X Aging Population ETF 1.0 50 -11 3.9 -9.1
BATT Amplify Lithium & Battery Technology ETF 1.0 59 -20 0.6 -12.5
DTEC ALPS Disruptive Technologies ETF 1.0 50 -11 3.2 -9.9
VRAI Virtus Real Asset Income ETF 1.0 55 -16 8.3 -4.8
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 0.9 47 -8 1.9 -11.1
NTZG Nuveen Global Net Zero Transition ETF 0.9 56 -17 4.8 -8.3
JSTC Adasina Social Justice All Cap Global ETF 0.9 89 -50 4.9 -8.2
KOCG FIS Knights of Columbus Global Belief ETF 0.9 75 -36 5.4 -7.7
TEMP JPMorgan Climate Change Solutions ETF 0.9 49 -10 5.3 -7.8
FNDC Schwab Fundamental International Small Co. Index ETF 0.8 39 0 7.0 -6.1
RWO SPDR Dow Jones Global Real Estate ETF 0.8 50 -11 6.3 -6.8
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.8 80 -41 9.4 -3.7
SCZ iShares MSCI EAFE Small-Cap ETF 0.8 40 -1 6.2 -6.9
AVRE Avantis Real Estate ETF 0.8 17 22 6.1 -6.9
DFGR Dimensional Global Real Estate ETF 0.7 22 17 6.5 -6.6
REET iShares Global REIT ETF 0.7 14 25 6.6 -6.5
ISRA VanEck Israel ETF 0.6 59 -20 8.1 -5.0
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.6 49 -10 6.4 -6.6
FFLC Fidelity Fundamental Large Cap Core ETF 0.6 38 1 5.1 -8.0
EFG iShares MSCI EAFE Growth ETF 0.6 36 3 4.3 -8.8
GQRE FlexShares Global Quality Real Estate Index Fund 0.6 45 -6 6.5 -6.6
PRAY FIS Christian Stock Fund 0.6 69 -30 6.0 -7.1
FMIL Fidelity New Millennium ETF 0.6 59 -20 4.6 -8.4
ISCF iShares International SmallCap Equity Factor ETF 0.6 23 16 8.7 -4.3
ZSB USCF Sustainable Battery Metals Strategy Fund 0.5 61 -22 19.9 +6.9
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.5 80 -41 3.5 -9.6
AIA iShares Asia 50 ETF 0.5 50 -11 6.7 -6.4
CRTC Xtrackers US National Critical Technologies ETF 0.5 35 4 5.4 -7.7
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.5 70 -31 6.3 -6.8
CZA Invesco Zacks Mid-Cap ETF 0.4 72 -33 6.4 -6.7
IEUS iShares MSCI Europe Small-Cap ETF 0.4 42 -3 5.8 -7.2
FPXI First Trust International Equity Opportunities ETF 0.4 70 -31 4.0 -9.1
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 0.4 95 -56 10.6 -2.4
EXI iShares Global Industrials ETF 0.4 42 -3 4.9 -8.2
GINN Goldman Sachs Innovate Equity ETF 0.4 52 -13 2.7 -10.3
BULD Pacer BlueStar Engineering the Future ETF 0.4 60 -21 1.2 -11.8
FLAX Franklin FTSE Asia Ex Japan ETF 0.4 19 20 7.0 -6.1
MVPS Amplify Thematic All-Stars ETF 0.4 49 -10 3.1 -10.0
CLOD Themes Cloud Computing ETF 0.3 35 4 3.7 -9.3
DFIS Dimensional International Small Cap ETF 0.3 39 0 6.4 -6.7
TRFK Pacer Data and Digital Revolution ETF 0.2 60 -21 4.6 -8.4
IXN iShares Global Tech ETF 0.2 41 -2 4.3 -8.7
ANEW ProShares MSCI Transformational Changes ETF 0.2 45 -6 3.6 -9.5
DISV Dimensional International Small Cap Value ETF 0.2 42 -3 8.8 -4.3
SCHC Schwab International Small-Cap Equity ETF 0.1 11 28 6.2 -6.9
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 7 32 6.4 -6.7
GWX SPDR S&P International Small Cap ETF 0.0 40 -1 6.2 -6.9

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 10.9 %
Divided by: Fwd. P/BV 0.8 x
Less: Expense ratio 39 bp
Equals: ALTAR Score 13.1 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.72 CATEGORY
AVERAGE		 1.61
 
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.