SPDR S&P International Dividend ETF
ALTAR
Score™		 7.0% info Recommen-
dation		 OVERWEIGHT
2025E    2026E
P/E
ratio		 14.3x P/Sales
ratio		 1.1x
P/BV
ratio		 1.5x Div.
yield		 4.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
SPDR S&P International Dividend ETF objective is to provide investment results that correspond generally to the price and yield performance of the S&P International Dividend Opportunities Inde

FUND BASICS
Category International Equities
Fund Sponsor SSGA Funds Management Inc
Website www.spdrs.com
Inception date Feb 12, 2008
Assets (mns) $508
Currency USD
Expense ratio 45 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian State Street Bank & Trust
Weighting Dividend
Index replication Derivative
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 96
Wgt avg mkt cap (mns) $31,268
Large cap (>$10bn) 55.3%
Mid cap ($2-10bn) 41.1%
Small cap (<$2bn) 3.6%
Developed mkts 89.1%
Emerging mkts 10.9%

TOP TEN HOLDINGS
MIZRAHI TEFAHOT BANK LTD 2.6 %
AXA SA 2.4 %
ZURICH FINANCIAL SERVICES AG 2.2 %
INVESTEC PLC 2.2 %
TRANSURBAN GROUP 2.1 %
SWISSCOM AG 1.9 %
SEVERN TRENT PLC 1.9 %
CLP HOLDINGS LTD 1.9 %
MICHELIN (CGDE) 1.9 %
ROYAL KPN NV 1.9 %
Total 21.0 %

TOP COUNTRY EXPOSURE
JAPAN 23.9 %
FRANCE 12.3 %
BRITAIN 10.6 %
SWITZERLAND 6.3 %
AUSTRALIA 5.1 %
SINGAPORE 4.4 %
CANADA 4.0 %
TAIWAN 3.9 %
MALAYSIA 3.1 %
ITALY 2.9 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
11.2% 16.3% 8.1% 7.5% 2.8%

Market Correlations
versus... Beta R-squared
S&P500 0.43 25%
MSCI EAFE 0.58 67%
MSCI Emg. Mkts. 0.24 29%

Technical Indicators
Recent close $45.74
30d moving avg. $47.41
Annualized volatility 13.0%
Short interest (ETF) 0.3%
Relative strength (RSI) 58

Liquidity measures
Avg. volume (thou.) 22
Turnover 0.2%
Bid/Ask (% of price) 0.19%
ADV underlying (mns) $3,771

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 404 potential alternatives to the SPDR S&P International Dividend ETF ETF based on the alternatives' overlap in portfolio holdings with DWX. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: DWX Expense: 45 bp ALTAR Score™: 7.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH DWX
Ticker Fund
Name		 Overlap1
vs DWX
(%)		 Expense
ratio
(bp)		 Savings
vs DWX
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs DWX
(%)
IDLV Invesco S&P International Developed Low Volatility ETF 20.1 25 20 6.5 -0.4
EFAV iShares MSCI EAFE Min Vol Factor ETF 15.0 22 23 5.7 -1.3
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 14.9 9 36 7.9 +0.9
LVHI Franklin International Low Volatility High Dividend Index ET 13.6 40 5 7.5 +0.6
AIVI WisdomTree International AI Enhanced Value Fund 13.1 58 -13 6.2 -0.7
EDIV SPDR S&P Emerging Markets Dividend ETF 13.0 49 -4 9.3 +2.4
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 11.9 32 13 5.4 -1.5
IFGL iShares International Developed Real Estate ETF 11.0 48 -3 8.1 +1.1
FID First Trust S&P International Dividend Aristocrats ETF 10.7 60 -15 7.7 +0.8
RWX SPDR Dow Jones International Real Estate ETF 10.2 59 -14 7.8 +0.8
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 10.0 10 35 9.2 +2.2
IGRO iShares International Dividend Growth ETF 9.8 15 30 6.8 -0.2
VNQI Vanguard Global ex-U.S. Real Estate ETF 9.7 12 33 9.2 +2.2
SCHY Schwab International Dividend Equity ETF 9.5 14 31 8.8 +1.8
EELV Invesco S&P Emerging Markets Low Volatility ETF 9.3 29 16 9.1 +2.1
FDEV Fidelity International Multifactor ETF 9.1 18 27 7.4 +0.4
DTH WisdomTree International High Dividend Fund 9.1 58 -13 7.4 +0.4
GCOW Pacer Global Cash Cows Dividend ETF 9.0 60 -15 9.6 +2.6
QEFA SPDR MSCI EAFE StrategicFactors ETF 8.9 30 15 6.1 -0.8
RODM Hartford Multifactor Developed Markets (ex-US) ETF 8.8 29 16 7.1 +0.2
ICOW Pacer Developed Markets International Cash Cows 100 ETF 8.6 65 -20 8.3 +1.4
WDIV SPDR S&P Global Dividend ETF 8.6 40 5 9.1 +2.2
EFV iShares MSCI EAFE Value ETF 8.4 34 11 7.5 +0.6
EWQ iShares MSCI France ETF 8.3 53 -8 7.2 +0.2
DOL WisdomTree International LargeCap Dividend Fund 8.3 48 -3 5.7 -1.3
NUDM Nuveen ESG International Developed Markets Equity ETF 8.2 31 14 5.5 -1.5
VYMI Vanguard International High Dividend Yield ETF 8.2 17 28 8.0 +1.0
IQLT iShares MSCI Intl Quality Factor ETF 8.1 30 15 5.5 -1.4
JHMD John Hancock Multifactor Developed International ETF 7.6 39 6 6.3 -0.7
JPIN J.P. Morgan Diversified Return International Equity ETF 7.5 37 8 7.2 +0.2
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 7.5 47 -2 5.3 -1.6
DIVI Franklin International Core Dividend Tilt Index ETF 7.2 9 36 6.6 -0.3
IVLU iShares MSCI Intl Value Factor ETF 7.0 30 15 8.0 +1.1
ESGD iShares ESG Aware MSCI EAFE ETF 7.0 20 25 5.8 -1.2
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 7.0 12 33 5.4 -1.5
IMFL Invesco International Developed Dynamic Multifactor ETF 7.0 34 11 5.4 -1.6
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 6.9 46 -1 5.7 -1.2
VGSR Vert Global Sustainable Real Estate ETF 6.8 47 -2 7.6 +0.6
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 6.8 40 5 5.8 -1.2
FDD First Trust Stoxx European Select Dividend Index Fund 6.7 58 -13 9.9 +3.0
DWM WisdomTree International Equity Fund 6.7 48 -3 5.7 -1.3
IEV iShares Europe ETF 6.6 67 -22 6.1 -0.8
BBEU JPMorgan BetaBuilders Europe ETF 6.4 9 36 6.4 -0.5
TBLU Tortoise Global Water ESG ETF 6.4 40 5 4.8 -2.1
DMXF iShares ESG Advanced MSCI EAFE ETF 6.4 12 33 4.9 -2.1
DWMF WisdomTree International Multifactor Fund 6.4 38 7 7.0 +0.1
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 6.3 58 -13 9.2 +2.3
FLEE Franklin FTSE Europe ETF 6.3 9 36 6.5 -0.4
IEUR iShares Core MSCI Europe ETF 6.2 11 34 6.6 -0.3
INEQ Columbia International Equity Income ETF 6.2 45 0 8.0 +1.0
FNDF Schwab Fundamental International Large Co. Index ETF 6.1 25 20 7.4 +0.4
VGK Vanguard FTSE Europe ETF 6.0 6 39 6.8 -0.2
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 6.0 25 20 6.5 -0.4
EWJV iShares MSCI Japan Value ETF 6.0 15 30 6.4 -0.5
HEFA iShares Currency Hedged MSCI EAFE ETF 6.0 35 10 5.7 -1.3
IQSI IQ Candriam International Equity ETF 6.0 15 30 5.6 -1.3
DBEU Xtrackers MSCI Europe Hedged Equity ETF 6.0 46 -1 5.4 -1.5
EFA iShares MSCI EAFE ETF 6.0 35 10 5.8 -1.2
ACWV iShares MSCI Global Min Vol Factor ETF 5.9 20 25 5.8 -1.2
GSID Goldman Sachs MarketBeta International Equity ETF 5.8 20 25 5.9 -1.1
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 5.8 45 0 6.8 -0.2
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 5.8 14 31 5.3 -1.7
STXI Strive International Developed Markets ETF 5.8 29 16 6.4 -0.6
IVSI Applied Finance IVS International Large ETF 5.6 65 -20 6.0 -1.0
RWO SPDR Dow Jones Global Real Estate ETF 5.6 50 -5 6.8 -0.2
ERET iShares Environmentally Aware Real Estate ETF 5.6 30 15 7.4 +0.4
IEFA iShares Core MSCI EAFE ETF 5.6 7 38 6.1 -0.9
FRGN Horizon International Equity ETF 5.5 75 -30 7.9 +1.0
FIVA Fidelity International Value Factor ETF 5.5 18 27 7.4 +0.4
FJP First Trust Japan AlphaDEX Fund 5.4 80 -35 7.3 +0.3
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 5.4 25 20 6.0 -0.9
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 5.4 36 9 5.2 -1.8
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 5.4 24 21 7.0 +0.1
EFRA iShares Environmental Infrastructure and Industrials ETF 5.4 47 -2 5.3 -1.7
HFXI IQ FTSE International Equity Currency Neutral ETF 5.4 20 25 5.7 -1.3
SPEU SPDR Portfolio Europe ETF 5.3 7 38 6.7 -0.2
BKIE BNY Mellon International Equity ETF 5.3 4 41 18.1 +11.1
FICS First Trust International Developed Capital Strength ETF 5.2 70 -25 7.1 +0.1
TPIF Timothy Plan International ETF 5.2 62 -17 5.7 -1.3
EBLU Ecofin Global Water ESG Fund 5.1 40 5 4.5 -2.4
AVRE Avantis Real Estate ETF 5.1 17 28 7.4 +0.4
DIM WisdomTree International MidCap Dividend Fund 5.1 58 -13 6.4 -0.5
JIRE JPMorgan International Research Enhanced Equity ETF 5.1 24 21 5.8 -1.2
SCJ iShares MSCI Japan Small-Cap ETF 5.1 50 -5 5.3 -1.6
CEFA Global X S&P Catholic Values Developed ex-US ETF 5.1 35 10 5.6 -1.3
PIO Invesco Global Water ETF 5.0 75 -30 4.7 -2.3
IDEV iShares Core MSCI International Developed Markets ETF 5.0 4 41 6.1 -0.9
DFIV Dimensional International Value ETF 5.0 27 18 7.8 +0.8
AVIV Avantis International Large Cap Value ETF 5.0 25 20 6.9 -0.0
FTRI First Trust Indxx Global Natural Resources Income ETF 5.0 70 -25 6.8 -0.1
REET iShares Global REIT ETF 5.0 14 31 7.5 +0.5
FSZ First Trust Switzerland AlphaDEX Fund 5.0 80 -35 5.5 -1.5
GSIE Goldman Sachs ActiveBeta International Equity ETF 4.9 25 20 6.2 -0.7
JIVE JPMorgan International Value ETF 4.9 55 -10 8.1 +1.2
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 4.8 39 6 6.3 -0.7
DFGR Dimensional Global Real Estate ETF 4.8 22 23 7.6 +0.6
FENI Fidelity Enhanced International ETF 4.8 28 17 5.8 -1.1
EWL iShares MSCI Switzerland ETF 4.8 50 -5 6.0 -1.0
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 4.7 20 25 5.7 -1.3
EFAS Global X MSCI SuperDividend EAFE ETF 4.7 57 -12 7.4 +0.5
NXTG First Trust Indxx NextG ETF 4.7 70 -25 3.5 -3.5
RCGE RockCreek Global Equality ETF 4.7 95 -50 6.2 -0.7
FLSW Franklin FTSE Switzerland ETF 4.7 9 36 6.1 -0.8
VEA Vanguard FTSE Developed Markets ETF 4.6 3 42 6.0 -1.0
SPDW SPDR Portfolio Developed World ex-US ETF 4.6 3 42 5.9 -1.1
EUFN iShares MSCI Europe Financials ETF 4.6 51 -6 6.8 -0.1
DFAI Dimensional International Core Equity Market ETF 4.6 18 27 6.1 -0.9
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 4.5 20 25 5.7 -1.3
EFAD ProShares MSCI EAFE Dividend Growers ETF 4.5 50 -5 5.8 -1.2
FEP First Trust Europe AlphaDEX Fund 4.5 80 -35 7.2 +0.2
SCHF Schwab International Equity ETF 4.5 6 39 5.9 -1.0
SDG iShares MSCI Global Sustainable Development Goals ETF 4.4 49 -4 4.7 -2.2
CGDG Capital Group Dividend Growers ETF 4.3 47 -2 5.4 -1.6
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 4.3 19 26 5.4 -1.6
INTF iShares International Equity Factor ETF 4.2 15 30 6.5 -0.4
ACWX iShares MSCI ACWI ex U.S. ETF 4.2 34 11 6.4 -0.6
ECOW Pacer Emerging Markets Cash Cows 100 ETF 4.2 70 -25 9.9 +2.9
FEZ SPDR EURO STOXX 50 ETF 4.2 29 16 5.9 -1.1
DTAN Sparkline International Intangible Value ETF 4.2 55 -10 7.3 +0.3
VEU Vanguard FTSE All-World ex-US Index Fund 4.1 4 41 6.8 -0.2
ASEA Global X FTSE Southeast Asia ETF 4.1 65 -20 5.2 -1.7
AVSD Avantis Responsible International Equity ETF 4.1 23 22 6.0 -1.0
JPXN iShares JPX-Nikkei 400 ETF 4.1 48 -3 5.1 -1.8
ERTH Invesco MSCI Sustainable Future ETF 4.0 62 -17 3.6 -3.3
DEW WisdomTree Global High Dividend Fund 4.0 58 -13 7.4 +0.4
CWI SPDR MSCI ACWI ex-US ETF 4.0 30 15 6.5 -0.5
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 4.0 40 5 6.2 -0.7
FLJP Franklin FTSE Japan ETF 4.0 9 36 5.1 -1.9
VXUS Vanguard Total International Stock ETF 3.9 5 40 6.7 -0.3
VSGX Vanguard ESG International Stock ETF 3.9 10 35 6.6 -0.4
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 3.9 44 1 9.7 +2.8
FLJH Franklin FTSE Japan Hedged ETF 3.9 9 36 4.9 -2.1
IXUS iShares Core MSCI Total International Stock ETF 3.9 7 38 6.6 -0.3
IXP iShares Global Comm Services ETF 3.9 42 3 5.9 -1.1
FIDI Fidelity International High Dividend ETF 3.9 18 27 7.3 +0.4
DXJ WisdomTree Japan Hedged Equity Fund 3.9 48 -3 5.0 -1.9
GII SPDR S&P Global Infrastructure ETF 3.9 40 5 4.7 -2.3
IGF iShares Global Infrastructure ETF 3.9 41 4 4.7 -2.3
DSTX Distillate International Fundamental Stability & Value ETF 3.9 55 -10 6.7 -0.2
IPAC iShares Core MSCI Pacific ETF 3.9 9 36 5.3 -1.7
GXUS Goldman Sachs MarketBeta Total International Equity ETF 3.8 18 27 6.4 -0.5
EPP iShares MSCI Pacific ex-Japan ETF 3.8 47 -2 5.0 -1.9
CGW Invesco S&P Global Water Index ETF 3.7 57 -12 4.8 -2.2
AQWA Global X Clean Water ETF 3.7 50 -5 5.4 -1.5
FEUZ First Trust Eurozone AlphaDEX ETF 3.7 80 -35 6.9 -0.0
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 3.7 41 4 6.0 -1.0
HEWJ iShares Currency Hedged MSCI Japan ETF 3.7 50 -5 5.1 -1.8
HEZU iShares Currency Hedged MSCI Eurozone ETF 3.7 53 -8 5.5 -1.4
EZU iShares MSCI Eurozone ETF 3.7 52 -7 5.8 -1.1
WWJD Inspire International ETF 3.7 80 -35 6.4 -0.5
QWLD SPDR MSCI World StrategicFactors ETF 3.7 30 15 5.2 -1.7
LDEM iShares ESG MSCI EM Leaders ETF 3.6 17 28 12.9 +6.0
AVDE Avantis International Equity ETF 3.6 23 22 6.3 -0.7
EWJ iShares MSCI Japan ETF 3.6 50 -5 4.6 -2.4
BBJP JPMorgan BetaBuilders Japan ETF 3.6 19 26 5.0 -1.9
QINT American Century Quality Diversified International ETF 3.6 39 6 6.7 -0.3
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 3.6 30 15 7.5 +0.6
IMTM iShares MSCI Intl Momentum Factor ETF 3.6 30 15 4.7 -2.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 3.5 39 6 7.0 +0.0
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 3.5 25 20 5.1 -1.8
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 3.5 45 0 5.5 -1.4
DIHP Dimensional International High Profitability ETF 3.4 29 16 5.9 -1.0
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 3.4 65 -20 4.3 -2.7
FKU First Trust United Kingdom AlphaDEX Fund 3.4 80 -35 7.3 +0.3
PATN Pacer Nasdaq International Patent Leaders ETF 3.4 65 -20 4.1 -2.9
DFSI Dimensional International Sustainability Core 1 ETF 3.4 24 21 5.7 -1.2
DBJP Xtrackers MSCI Japan Hedged Equity ETF 3.4 47 -2 4.4 -2.5
IDHQ Invesco S&P International Developed High Quality ETF 3.3 29 16 5.2 -1.8
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 3.3 46 -1 7.9 +0.9
FLAU Franklin FTSE Australia ETF 3.3 9 36 6.0 -1.0
EMXF iShares ESG Advanced MSCI EM ETF 3.3 16 29 6.6 -0.4
EUDV ProShares MSCI Europe Dividend Growers ETF 3.2 55 -10 6.1 -0.8
DFIC Dimensional International Core Equity 2 ETF 3.2 23 22 6.3 -0.6
EWM iShares MSCI Malaysia ETF 3.2 50 -5 6.7 -0.2
VIDI Vident International Equity Strategy ETF 3.2 61 -16 8.2 +1.3
SCZ iShares MSCI EAFE Small-Cap ETF 3.1 40 5 6.1 -0.8
DEM WisdomTree Emerging Markets High Dividend Fund 3.1 63 -18 10.1 +3.2
DXIV Dimensional International Vector Equity ETF 3.1 34 11 6.6 -0.3
EWS iShares MSCI Singapore ETF 3.1 50 -5 3.6 -3.3
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.0 12 33 4.5 -2.5
EWA iShares MSCI Australia ETF 3.0 50 -5 5.4 -1.5
VPL Vanguard FTSE Pacific ETF 3.0 7 38 5.1 -1.9
JXI iShares Global Utilities ETF 3.0 43 2 5.8 -1.2
VEXC Vanguard Emerging Markets Ex-China ETF 3.0 7 38 5.7 -1.3
JHID John Hancock International High Dividend ETF 3.0 46 -1 8.0 +1.1
IDOG ALPS International Sector Dividend Dogs ETF 3.0 50 -5 9.5 +2.6
EUDG WisdomTree Europe Quality Dividend Growth Fund 3.0 58 -13 6.7 -0.2
FYLD Cambria Foreign Shareholder Yield ETF 2.9 59 -14 9.9 +3.0
IVAL Alpha Architect International Quantitative Value ETF 2.9 49 -4 7.6 +0.6
IQDG WisdomTree International Quality Dividend Growth Fund 2.9 42 3 5.9 -1.1
EWUS iShares MSCI United Kingdom Small Cap ETF 2.8 59 -14 7.3 +0.3
XCNY SPDR S&P Emerging Markets ex-China ETF 2.8 15 30 5.6 -1.3
UIVM VictoryShares International Value Momentum ETF 2.8 35 10 8.0 +1.1
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 2.8 24 21 5.1 -1.8
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 2.8 58 -13 5.4 -1.6
GQRE FlexShares Global Quality Real Estate Index Fund 2.8 45 0 7.9 +1.0
WTRE WisdomTree New Economy Real Estate Fund 2.8 58 -13 -0.3 -7.3
EWU iShares MSCI United Kingdom ETF 2.8 50 -5 7.4 +0.5
FRDM Freedom 100 Emerging Markets ETF 2.7 49 -4 5.3 -1.7
FLGB Franklin FTSE United Kingdom ETF 2.7 9 36 6.8 -0.1
EIS iShares MSCI Israel ETF 2.6 58 -13 6.9 -0.1
EYLD Cambria Emerging Shareholder Yield ETF 2.6 66 -21 8.9 +1.9
AFK VanEck Africa Index ETF 2.6 98 -53 11.1 +4.1
ESGG FlexShares STOXX Global ESG Select Index Fund 2.6 42 3 4.0 -3.0
EWN iShares MSCI Netherlands ETF 2.6 50 -5 4.5 -2.4
VIGI Vanguard International Dividend Appreciation ETF 2.6 10 35 6.1 -0.8
KLMT Invesco MSCI Global Climate 500 ETF 2.6 10 35 5.0 -2.0
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 2.5 39 6 13.4 +6.4
EFG iShares MSCI EAFE Growth ETF 2.5 36 9 3.9 -3.1
XCEM Columbia EM Core ex-China ETF 2.5 16 29 4.9 -2.1
ESGE iShares ESG Aware MSCI EM ETF 2.5 25 20 8.2 +1.2
IDV iShares International Select Dividend ETF 2.4 51 -6 9.5 +2.6
JSTC Adasina Social Justice All Cap Global ETF 2.4 89 -44 4.4 -2.6
FDT First Trust Developed Markets ex-US AlphaDEX Fund 2.4 80 -35 6.9 -0.1
RNEM First Trust Emerging Markets Equity Select ETF 2.4 75 -30 8.2 +1.3
LEGR First Trust Indxx Innovative Transaction & Process ETF 2.4 65 -20 7.3 +0.4
ECON Columbia Emerging Markets Consumer ETF 2.4 49 -4 6.5 -0.4
FNDC Schwab Fundamental International Small Co. Index ETF 2.4 39 6 6.7 -0.2
ROAM Hartford Multifactor Emerging Markets ETF 2.4 44 1 7.6 +0.6
EMXC iShares MSCI Emerging Markets ex China ETF 2.4 25 20 5.0 -2.0
DFAX Dimensional World ex U.S. Core Equity 2 ETF 2.3 30 15 6.4 -0.5
ISRA VanEck Israel ETF 2.3 59 -14 6.0 -1.0
BINV Brandes International ETF 2.3 70 -25 8.6 +1.7
HEDJ WisdomTree Europe Hedged Equity Fund 2.3 58 -13 6.2 -0.8
KXI iShares Global Consumer Staples ETF 2.3 41 4 5.7 -1.3
QTUM Defiance Quantum ETF 2.3 40 5 3.7 -3.2
ADIV SmartETFs Asia Pacific Dividend Builder ETF 2.2 78 -33 9.5 +2.5
EWT iShares MSCI Taiwan ETF 2.2 58 -13 2.6 -4.3
STXE Strive Emerging Markets Ex-China ETF 2.2 32 13 5.3 -1.7
SCHE Schwab Emerging Markets Equity ETF 2.2 11 34 9.5 +2.6
EZA iShares MSCI South Africa ETF 2.2 58 -13 9.7 +2.8
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 2.1 49 -4 6.1 -0.9
IEUS iShares MSCI Europe Small-Cap ETF 2.1 42 3 7.0 +0.0
INDS Pacer Industrial Real Estate ETF 2.1 55 -10 6.7 -0.3
DTRE First Trust Alerian Disruptive Technology Real Estate ETF 2.1 60 -15 6.0 -1.0
XC WisdomTree Emerging Markets Ex-China Fund 2.0 32 13 6.9 -0.1
PXH Invesco FTSE RAFI Emerging Markets ETF 2.0 49 -4 13.4 +6.4
JHEM John Hancock Multifactor Emerging Markets ETF 2.0 49 -4 7.6 +0.6
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 2.0 80 -35 3.8 -3.2
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 2.0 30 15 8.0 +1.0
EVLU iShares MSCI Emerging Markets Value Factor ETF 2.0 35 10 10.1 +3.1
VWO Vanguard FTSE Emerging Markets ETF 2.0 7 38 9.3 +2.3
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.9 56 -11 9.9 +3.0
AVXC Avantis Emerging Markets Ex-China Equity ETF 1.9 33 12 6.1 -0.9
IPKW Invesco International BuyBack Achievers ETF 1.9 55 -10 8.0 +1.1
EWH iShares MSCI Hong Kong ETF 1.9 50 -5 5.4 -1.6
DGT State Street SPDR Global Dow ETF 1.9 50 -5 5.7 -1.2
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 1.9 69 -24 7.7 +0.7
EEM iShares MSCI Emerging Markets ETF 1.9 69 -24 7.8 +0.9
KNO AXS Knowledge Leaders ETF 1.9 78 -33 4.0 -2.9
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 1.9 15 30 8.1 +1.1
FLTW Franklin FTSE Taiwan ETF 1.8 19 26 3.0 -3.9
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 1.8 32 13 4.7 -2.2
BLES Inspire Global Hope ETF 1.8 61 -16 5.9 -1.0
SPEM SPDR Portfolio Emerging Markets ETF 1.8 7 38 9.6 +2.6
IXC iShares Global Energy ETF 1.8 44 1 7.1 +0.1
GNR SPDR S&P Global Natural Resources ETF 1.8 40 5 8.4 +1.4
JGLO JPMorgan Global Select Equity ETF 1.8 33 12 4.3 -2.6
PRNT 3D Printing ETF 1.8 66 -21 1.2 -5.8
CCNR ALPS CoreCommodity Natural Resources ETF 1.8 39 6 8.5 +1.5
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 1.8 45 0 8.0 +1.1
DEHP Dimensional Emerging Markets High Profitability ETF 1.8 41 4 4.9 -2.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.8 20 25 4.7 -2.2
GLOF iShares Global Equity Factor ETF 1.8 20 25 5.5 -1.4
AVES Avantis Emerging Markets Value ETF 1.8 36 9 9.1 +2.1
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 1.7 50 -5 8.0 +1.1
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 1.7 66 -21 7.4 +0.5
SCHC Schwab International Small-Cap Equity ETF 1.7 11 34 6.6 -0.3
OSEA Harbor International Compounders ETF 1.7 55 -10 4.6 -2.4
FRNW Fidelity Clean Energy ETF 1.7 39 6 2.2 -4.8
IPAV Global X Infrastructure Development ex-U.S. ETF 1.7 55 -10 6.3 -0.7
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.7 58 -13 3.8 -3.2
BKEM BNY Mellon Emerging Markets Equity ETF 1.7 11 34 24.4 +17.5
IOO iShares Global 100 ETF 1.7 41 4 3.8 -3.1
IEMG iShares Core MSCI Emerging Markets ETF 1.7 9 36 8.2 +1.3
KOCG FIS Knights of Columbus Global Belief ETF 1.7 75 -30 4.6 -2.3
EWI iShares MSCI Italy ETF 1.7 50 -5 11.8 +4.8
UMI USCF Midstream Energy Income Fund ETF 1.7 85 -40 4.2 -2.7
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 1.6 88 -43 8.5 +1.6
ENFR Alerian Energy Infrastructure ETF 1.6 35 10 4.6 -2.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.6 9 36 4.9 -2.1
EVX VanEck Environmental Services ETF 1.6 55 -10 4.3 -2.6
UMMA Wahed Dow Jones Islamic World ETF 1.6 65 -20 3.6 -3.3
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 1.6 15 30 9.0 +2.0
EMMF WisdomTree Emerging Markets Multifactor Fund 1.6 48 -3 8.7 +1.7
DFAE Dimensional Emerging Core Equity Market ETF 1.6 35 10 7.0 +0.1
EDEN iShares MSCI Denmark ETF 1.6 53 -8 6.5 -0.5
MOTG VanEck Morningstar Global Wide Moat ETF 1.6 52 -7 8.1 +1.2
MOTI VanEck Morningstar International Moat ETF 1.6 58 -13 10.5 +3.5
ACWI iShares MSCI ACWI ETF 1.6 32 13 4.7 -2.3
IXG iShares Global Financials ETF 1.5 42 3 6.2 -0.8
GEW Cambria Global EW ETF 1.5 29 16 5.5 -1.5
URTH iShares MSCI World ETF 1.5 24 21 4.3 -2.6
WLDR Affinity World Leaders Equity ETF 1.5 67 -22 5.7 -1.3
GVAL Cambria Global Value ETF 1.5 68 -23 8.4 +1.5
VT Vanguard Total World Stock ETF 1.5 6 39 5.0 -1.9
AVSE Avantis Responsible Emerging Markets Equity ETF 1.5 33 12 6.6 -0.4
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 1.4 41 4 6.9 -0.0
FTHF First Trust Emerging Markets Human Flourishing ETF 1.4 75 -30 5.5 -1.4
AAXJ iShares MSCI All Country Asia ex Japan ETF 1.4 70 -25 6.9 -0.1
EWC iShares MSCI Canada ETF 1.4 50 -5 5.2 -1.8
EWD iShares MSCI Sweden ETF 1.4 54 -9 5.3 -1.6
DEXC Dimensional Emerging Markets ex China Core EquityETF 1.4 53 -8 5.0 -1.9
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 1.4 59 -14 8.6 +1.6
ABLG Abacus FCF International Leaders ETF 1.4 59 -14 6.9 -0.0
IQDF FlexShares International Quality Dividend Index Fund 1.4 47 -2 7.6 +0.6
HRTS Tema Heart & Health ETF 1.4 75 -30 2.9 -4.1
HART IQ Healthy Hearts ETF 1.4 45 0 6.0 -0.9
PIEL Pacer International Export Leaders ETF 1.4 60 -15 4.2 -2.8
IXJ iShares Global Healthcare ETF 1.4 42 3 6.2 -0.8
OEFA ALPS O’Shares International Developed Quality Dividend ETF 1.4 48 -3 4.8 -2.1
BMED Future Health ETF 1.4 85 -40 0.9 -6.0
XT iShares Exponential Technologies ETF 1.4 46 -1 3.9 -3.1
CANC Tema Oncology ETF 1.4 75 -30 -2.1 -9.1
WDNA WisdomTree BioRevolution Fund 1.4 45 0 -1.7 -8.7
FLAX Franklin FTSE Asia Ex Japan ETF 1.4 19 26 7.1 +0.1
EINC VanEck Energy Income ETF 1.4 48 -3 4.7 -2.3
TOK iShares MSCI Kokusai ETF 1.4 26 19 4.3 -2.6
CZAR Themes Natural Monopoly ETF 1.3 35 10 5.3 -1.6
AVEM Avantis Emerging Markets Equity ETF 1.3 33 12 7.0 +0.0
AQLT iShares MSCI Global Quality Factor ETF 1.3 18 27 0.0 -7.0
DIVS SmartETFs Dividend Builder ETF 1.3 65 -20 4.5 -2.4
FEOE First Eagle Overseas Equity ETF 1.3 79 -34 6.2 -0.7
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.3 38 7 7.0 +0.1
KOKU Xtrackers MSCI Kokusai Equity ETF 1.3 9 36 4.4 -2.5
DVYE iShares Emerging Markets Dividend ETF 1.3 49 -4 17.8 +10.8
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 1.3 36 9 7.6 +0.7
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 1.3 8 37 6.4 -0.6
EEMA iShares MSCI Emerging Markets Asia ETF 1.3 49 -4 7.5 +0.5
EDOG ALPS Emerging Sector Dividend Dogs ETF 1.2 60 -15 11.2 +4.2
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.2 47 -2 7.3 +0.3
GMF SPDR S&P Emerging Asia Pacific ETF 1.2 49 -4 8.6 +1.7
RXI iShares Global Consumer Discretionary ETF 1.2 41 4 9.1 +2.2
DFEV Dimensional Emerging Markets Value ETF 1.2 43 2 9.2 +2.3
JADE JPMorgan Active Developing Markets Equity ETF 1.2 65 -20 6.0 -0.9
EMGF iShares Emerging Markets Equity Factor ETF 1.2 25 20 8.9 +1.9
DFJ WisdomTree Japan SmallCap Dividend Fund 1.2 58 -13 6.1 -0.9
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.2 32 13 7.7 +0.7
DISV Dimensional International Small Cap Value ETF 1.2 42 3 7.9 +0.9
DFIS Dimensional International Small Cap ETF 1.2 39 6 6.2 -0.8
USAI Pacer American Energy Independence ETF 1.2 75 -30 3.8 -3.2
EXI iShares Global Industrials ETF 1.1 42 3 3.8 -3.2
UAE iShares MSCI UAE ETF 1.1 59 -14 0.0 -7.0
ISCF iShares International SmallCap Equity Factor ETF 1.1 23 22 7.3 +0.3
WSML iShares MSCI World Small-Cap ETF 1.1 15 30 5.5 -1.5
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 1.1 25 20 5.5 -1.5
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 1.0 33 12 6.8 -0.2
GLBL Pacer MSCI World Industry Advantage ETF 1.0 65 -20 3.4 -3.6
CGV Conductor Global Equity Value ETF 1.0 130 -85 7.9 +0.9
PBD Invesco Global Clean Energy ETF 1.0 75 -30 0.4 -6.5
OCEN IQ Clean Oceans ETF 1.0 45 0 4.7 -2.3
JIG JPMorgan International Growth ETF 1.0 55 -10 3.7 -3.3
AVDS Avantis International Small Cap Equity ETF 0.9 30 15 6.0 -1.0
KNCT Invesco Next Gen Connectivity ETF 0.9 40 5 2.9 -4.1
AGQI First Trust Active Global Quality Income ETF 0.8 85 -40 6.5 -0.5
RGEF Rockefeller Global Equity ETF 0.8 55 -10 3.8 -3.1
TPYP Tortoise North American Pipeline Fund 0.8 40 5 5.3 -1.7
MJSC MUFG Japan Small Cap Active ETF 0.8 85 -40 4.6 -2.4
FPAG FPA Global Equity ETF 0.8 49 -4 5.8 -1.2
CGIE Capital Group International Equity ETF 0.8 54 -9 4.6 -2.3
FEGE First Eagle Global Equity ETF 0.8 79 -34 6.1 -0.8
TOLL Tema Durable Quality ETF 0.8 75 -30 3.8 -3.2
EMDM First Trust Bloomberg Emerging Market Democracies ETF 0.8 75 -30 6.4 -0.6
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.7 58 -13 8.6 +1.6
FEM First Trust Emerging Markets AlphaDEX Fund 0.7 80 -35 8.9 +1.9
UEVM VictoryShares Emerging Markets Value Momentum ETF 0.7 45 0 9.8 +2.9
MOO VanEck Agribusiness ETF 0.7 53 -8 9.0 +2.1
BKCI BNY Mellon Concentrated International ETF 0.7 80 -35 5.1 -1.8
REAI Intelligent Real Estate ETF 0.7 59 -14 6.2 -0.8
EMM Global X Emerging Markets ex-China ETF 0.6 75 -30 4.6 -2.3
RNRG Global X Renewable Energy Producers ETF 0.6 66 -21 5.2 -1.8
ENZL iShares MSCI New Zealand ETF 0.6 50 -5 3.8 -3.1
SMOG VanEck Low Carbon Energy ETF 0.6 61 -16 1.4 -5.6
GINN Goldman Sachs Innovate Equity ETF 0.6 52 -7 3.7 -3.3
GREK Global X MSCI Greece ETF 0.6 57 -12 8.1 +1.1
ROBO ROBO Global Robotics & Automation Index ETF 0.6 95 -50 2.5 -4.5
SNSR Global X Internet of Things ETF 0.6 68 -23 3.4 -3.6
NUEM Nuveen ESG Emerging Markets Equity ETF 0.6 36 9 5.8 -1.1
SRET Global X SuperDividend REIT ETF 0.5 59 -14 14.2 +7.3
QAT iShares MSCI Qatar ETF 0.5 59 -14 58.0 +51.1
VEGI iShares MSCI Agriculture Producers ETF 0.5 39 6 7.6 +0.6
JDOC JPMorgan Healthcare Leaders ETF 0.5 65 -20 3.4 -3.5
EMC Global X Emerging Markets Great Consumer ETF 0.5 75 -30 7.2 +0.2
BLDG Cambria Global Real Estate ETF 0.5 60 -15 11.8 +4.8
EWK iShares MSCI Belgium ETF 0.5 50 -5 4.1 -2.9
IDMO Invesco S&P International Developed Momentum ETF 0.5 25 20 5.1 -1.8
THD iShares MSCI Thailand ETF 0.5 58 -13 0.0 -7.0
FDEM Fidelity Emerging Markets Multifactor ETF 0.5 25 20 10.6 +3.7
CRTC Xtrackers US National Critical Technologies ETF 0.5 35 10 4.1 -2.9
AVDV Avantis International Small Cap Value ETF 0.4 36 9 7.6 +0.6
AGNG Global X Aging Population ETF 0.4 50 -5 4.3 -2.7
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 0.4 90 -45 3.4 -3.6
DLS WisdomTree International SmallCap Dividend Fund 0.4 58 -13 7.4 +0.4
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 0.4 60 -15 6.8 -0.1
MEM Matthews Emerging Markets Equity Active ETF 0.4 79 -34 8.7 +1.8
AIQ Global X Artificial Intelligence & Technology ETF 0.3 68 -23 2.7 -4.3
ICLN iShares Global Clean Energy ETF 0.3 41 4 2.2 -4.7
WRND IQ Global Equity R&D Leaders ETF 0.2 18 27 4.0 -2.9
EWX SPDR S&P Emerging Markets Small Cap ETF 0.2 65 -20 6.7 -0.2
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.2 70 -25 6.5 -0.4
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.2 42 3 7.7 +0.8
IXN iShares Global Tech ETF 0.1 41 4 2.5 -4.4
GWX SPDR S&P International Small Cap ETF 0.1 40 5 5.8 -1.1
PICK iShares MSCI Global Metals & Mining Producers ETF 0.1 39 6 8.4 +1.5

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:		 SPDR S&P International Dividend ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 10.6 %
Divided by: Fwd. P/BV 1.4 x
Less: Expense ratio 45 bp
Equals: ALTAR Score 7.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.71 CATEGORY
AVERAGE		 1.64
 
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.