SPDR S&P International Dividend ETF
ALTAR
Score™		 7.1% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 13.9x P/Sales
ratio		 1.2x
P/BV
ratio		 1.4x Div.
yield		 4.7%


  • 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) $498
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 99
Wgt avg mkt cap (mns) $29,855
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
NEDBANK GROUP LTD 2.0 %
ASCENDAS REAL ESTATE INV TRT 1.9 %
AUST AND NZ BANKING GROUP 1.9 %
TOTAL SA 1.7 %
LAND SECURITIES GROUP PLC 1.7 %
SNAM RETE GAS 1.6 %
ORANGE SA 1.6 %
SKANDINAVISKA ENSKILDA BANKEN AB C 1.6 %
BOUYGUES SA 1.6 %
AMBEV-SA 1.6 %
Total 17.2 %

TOP COUNTRY EXPOSURE
JAPAN 26.0 %
FRANCE 10.4 %
AUSTRALIA 7.1 %
BRITAIN 6.9 %
CANADA 6.9 %
SINGAPORE 4.8 %
SOUTH AFRICA 4.3 %
SWITZERLAND 4.2 %
ITALY 2.9 %
MALAYSIA 2.6 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru November 30)
Year-to-date 1 year 5 years 10 years Since Incep.
26.3% 19.9% 7.9% 6.6% 2.0%

Market Correlations
versus... Beta R-squared
S&P500 0.21 12%
MSCI EAFE 0.51 53%
MSCI Emg. Mkts. 0.34 27%

Technical Indicators
Recent close $43.90
30d moving avg. $43.45
Annualized volatility 13.0%
Short interest (ETF) 0.1%
Relative strength (RSI) 59

Liquidity measures
Avg. volume (thou.) 20
Turnover 0.2%
Bid/Ask (% of price) 0.09%
ADV underlying (mns) $3,771

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 456 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™: 7.1%


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 23.3 25 20 6.5 -0.7
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 21.8 80 -35 5.8 -1.4
EFAV iShares MSCI EAFE Min Vol Factor ETF 19.9 22 23 5.8 -1.3
LVHI Franklin International Low Volatility High Dividend Index ET 16.7 40 5 10.0 +2.8
RWX SPDR Dow Jones International Real Estate ETF 15.8 59 -14 6.8 -0.4
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 15.7 32 13 5.8 -1.3
RODM Hartford Multifactor Developed Markets (ex-US) ETF 15.2 29 16 7.3 +0.2
DWMF WisdomTree International Multifactor Fund 14.8 38 7 6.9 -0.2
VWID Virtus WMC International Dividend ETF 14.4 49 -4 7.9 +0.7
FID First Trust S&P International Dividend Aristocrats ETF 14.0 60 -15 7.6 +0.5
EDIV SPDR S&P Emerging Markets Dividend ETF 13.9 49 -4 9.3 +2.1
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 13.6 9 36 8.8 +1.6
DOL WisdomTree International LargeCap Dividend Fund 12.9 48 -3 6.6 -0.6
WDIV SPDR S&P Global Dividend ETF 12.7 40 5 8.9 +1.7
DTH WisdomTree International High Dividend Fund 12.6 58 -13 7.7 +0.6
DIVI Franklin International Core Dividend Tilt Index ETF 12.4 9 36 7.5 +0.3
FDEV Fidelity International Multifactor ETF 12.3 18 27 7.2 +0.1
EFV iShares MSCI EAFE Value ETF 11.9 34 11 8.4 +1.3
IFGL iShares International Developed Real Estate ETF 11.8 48 -3 6.9 -0.3
QEFA SPDR MSCI EAFE StrategicFactors ETF 11.8 30 15 6.6 -0.6
JPIN J.P. Morgan Diversified Return International Equity ETF 11.6 37 8 7.8 +0.7
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 10.9 40 5 6.9 -0.3
GCOW Pacer Global Cash Cows Dividend ETF 10.8 60 -15 10.2 +3.1
VYMI Vanguard International High Dividend Yield ETF 10.8 17 28 8.9 +1.7
DWM WisdomTree International Equity Fund 10.7 48 -3 6.8 -0.4
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 10.5 10 35 6.7 -0.5
JHMD John Hancock Multifactor Developed International ETF 10.2 39 6 7.0 -0.2
JIRE JPMorgan International Research Enhanced Equity ETF 9.7 24 21 6.9 -0.3
NUDM Nuveen ESG International Developed Markets Equity ETF 9.7 31 14 6.2 -0.9
DFIV Dimensional International Value ETF 9.6 27 18 8.7 +1.5
EFAD ProShares MSCI EAFE Dividend Growers ETF 9.6 50 -5 5.9 -1.3
IGRO iShares International Dividend Growth ETF 9.6 15 30 6.8 -0.3
PPIE Putnam PanAgora ESG International Equity ETF 9.5 49 -4 7.7 +0.5
IVLU iShares MSCI Intl Value Factor ETF 9.5 30 15 9.5 +2.3
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 9.4 14 31 5.9 -1.2
ESGD iShares ESG Aware MSCI EAFE ETF 9.4 20 25 6.3 -0.9
CIL VictoryShares International Volatility Wtd ETF 9.4 45 0 6.3 -0.9
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 9.2 24 21 7.0 -0.2
RODE Hartford Multifactor Diversified International ETF 9.2 29 16 10.4 +3.2
GSID Goldman Sachs MarketBeta International Equity ETF 9.1 20 25 6.3 -0.8
HFXI IQ FTSE International Equity Currency Neutral ETF 9.1 20 25 6.6 -0.6
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 9.1 25 20 7.0 -0.2
VNQI Vanguard Global ex-U.S. Real Estate ETF 8.9 12 33 8.4 +1.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 8.8 45 0 8.2 +1.1
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 8.8 36 9 6.4 -0.8
DBEU Xtrackers MSCI Europe Hedged Equity ETF 8.8 46 -1 6.5 -0.6
BBEU JPMorgan BetaBuilders Europe ETF 8.8 9 36 6.8 -0.3
FNDF Schwab Fundamental International Large Co. Index ETF 8.7 25 20 9.0 +1.8
DTAN Sparkline International Intangible Value ETF 8.6 55 -10 8.0 +0.9
BKIE BNY Mellon International Equity ETF 8.5 4 41 6.5 -0.7
FLEE Franklin FTSE Europe ETF 8.5 9 36 6.8 -0.3
IEV iShares Europe ETF 8.5 67 -22 6.4 -0.7
RFDI First Trust Riverfront Dynamic Developed International ETF 8.4 83 -38 8.8 +1.6
IQRA IQ CBRE Real Assets ETF 8.4 65 -20 5.8 -1.4
GSIE Goldman Sachs ActiveBeta International Equity ETF 8.4 25 20 6.7 -0.4
SCHY Schwab International Dividend Equity ETF 8.4 14 31 9.5 +2.3
IMFL Invesco International Developed Dynamic Multifactor ETF 8.3 34 11 5.7 -1.5
EFA iShares MSCI EAFE ETF 8.2 35 10 6.3 -0.8
FIVA Fidelity International Value Factor ETF 8.1 18 27 8.8 +1.7
EFAS Global X MSCI SuperDividend EAFE ETF 8.1 57 -12 8.1 +0.9
INEQ Columbia International Equity Income ETF 8.0 45 0 8.0 +0.8
EWQ iShares MSCI France ETF 8.0 53 -8 6.8 -0.4
RFEU First Trust Riverfront Dynamic Europe ETF 8.0 83 -38 9.9 +2.7
TPIF Timothy Plan International ETF 7.9 62 -17 5.9 -1.3
FENI Fidelity Enhanced International ETF 7.9 28 17 6.1 -1.1
VGK Vanguard FTSE Europe ETF 7.8 6 39 7.1 -0.1
IEUR iShares Core MSCI Europe ETF 7.8 11 34 7.0 -0.2
AIVI WisdomTree International AI Enhanced Value Fund 7.7 58 -13 6.5 -0.7
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 7.6 12 33 5.7 -1.5
STXI Strive International Developed Markets ETF 7.5 29 16 6.2 -0.9
IEFA iShares Core MSCI EAFE ETF 7.5 7 38 6.7 -0.5
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 7.4 45 0 6.8 -0.3
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 7.3 39 6 6.3 -0.9
SPEU SPDR Portfolio Europe ETF 7.3 7 38 7.0 -0.1
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 7.2 47 -2 6.1 -1.1
IQSI IQ Candriam International Equity ETF 7.1 15 30 6.2 -1.0
DIM WisdomTree International MidCap Dividend Fund 7.1 58 -13 6.9 -0.2
IQLT iShares MSCI Intl Quality Factor ETF 7.1 30 15 6.0 -1.1
EWJV iShares MSCI Japan Value ETF 7.1 15 30 8.0 +0.9
IDEV iShares Core MSCI International Developed Markets ETF 7.0 4 41 6.6 -0.5
QINT American Century Quality Diversified International ETF 7.0 39 6 6.7 -0.5
IDOG ALPS International Sector Dividend Dogs ETF 7.0 50 -5 11.3 +4.2
EZU iShares MSCI Eurozone ETF 7.0 52 -7 6.4 -0.8
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 6.9 19 26 5.4 -1.8
SCHF Schwab International Equity ETF 6.9 6 39 6.8 -0.3
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 6.9 20 25 6.0 -1.2
VGSR Vert Global Sustainable Real Estate ETF 6.8 47 -2 7.6 +0.4
BINV Brandes International ETF 6.8 70 -25 9.1 +1.9
IDV iShares International Select Dividend ETF 6.8 51 -6 10.1 +3.0
INTF iShares International Equity Factor ETF 6.8 15 30 7.2 +0.1
VEA Vanguard FTSE Developed Markets ETF 6.6 3 42 6.7 -0.4
GXUS Goldman Sachs MarketBeta Total International Equity ETF 6.6 18 27 7.2 +0.1
RCGE RockCreek Global Equality ETF 6.6 95 -50 6.6 -0.6
EELV Invesco S&P Emerging Markets Low Volatility ETF 6.6 29 16 8.7 +1.6
SPDW SPDR Portfolio Developed World ex-US ETF 6.6 3 42 6.6 -0.5
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 6.6 20 25 6.1 -1.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 6.5 41 4 7.2 +0.1
CEFA Global X S&P Catholic Values Developed ex-US ETF 6.4 35 10 6.1 -1.0
WWJD Inspire International ETF 6.4 80 -35 7.0 -0.1
FEUZ First Trust Eurozone AlphaDEX ETF 6.4 80 -35 7.3 +0.1
IQDF FlexShares International Quality Dividend Index Fund 6.3 47 -2 8.2 +1.1
EPP iShares MSCI Pacific ex-Japan ETF 6.3 47 -2 5.2 -1.9
FLJP Franklin FTSE Japan ETF 6.3 9 36 6.0 -1.2
FLJH Franklin FTSE Japan Hedged ETF 6.2 9 36 6.0 -1.1
DMXF iShares ESG Advanced MSCI EAFE ETF 6.2 12 33 5.5 -1.7
DFAI Dimensional International Core Equity Market ETF 6.1 18 27 6.6 -0.5
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 6.0 25 20 6.0 -1.2
CWI SPDR MSCI ACWI ex-US ETF 6.0 30 15 7.2 +0.1
ERET iShares Environmentally Aware Real Estate ETF 6.0 30 15 7.5 +0.3
IQDY FlexShares International Quality Dividend Dynamic Index Fund 6.0 47 -2 7.6 +0.4
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 6.0 46 -1 5.7 -1.4
AVIV Avantis International Large Cap Value ETF 5.9 25 20 8.1 +1.0
BBJP JPMorgan BetaBuilders Japan ETF 5.9 19 26 6.3 -0.8
EUDV ProShares MSCI Europe Dividend Growers ETF 5.9 55 -10 6.1 -1.0
ACWX iShares MSCI ACWI ex U.S. ETF 5.9 34 11 7.3 +0.1
KNO AXS Knowledge Leaders ETF 5.9 78 -33 5.6 -1.5
IPAC iShares Core MSCI Pacific ETF 5.9 9 36 6.1 -1.1
RWO SPDR Dow Jones Global Real Estate ETF 5.8 50 -5 7.1 -0.1
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 5.8 25 20 6.3 -0.8
BLLD JPMorgan Sustainable Infrastructure ETF 5.8 49 -4 5.9 -1.2
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 5.7 25 20 6.1 -1.0
DBJP Xtrackers MSCI Japan Hedged Equity ETF 5.7 47 -2 5.5 -1.6
VEU Vanguard FTSE All-World ex-US Index Fund 5.6 4 41 7.6 +0.5
JXI iShares Global Utilities ETF 5.6 43 2 5.7 -1.4
DEW WisdomTree Global High Dividend Fund 5.6 58 -13 8.0 +0.9
UIVM VictoryShares International Value Momentum ETF 5.6 35 10 8.2 +1.1
SCJ iShares MSCI Japan Small-Cap ETF 5.6 50 -5 6.5 -0.7
ICOW Pacer Developed Markets International Cash Cows 100 ETF 5.5 65 -20 10.6 +3.4
PATN Pacer Nasdaq International Patent Leaders ETF 5.4 65 -20 5.3 -1.8
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 5.4 39 6 7.4 +0.2
VXUS Vanguard Total International Stock ETF 5.3 5 40 7.6 +0.4
CGDG Capital Group Dividend Growers ETF 5.3 47 -2 5.9 -1.2
FIDI Fidelity International High Dividend ETF 5.3 18 27 7.8 +0.7
DIHP Dimensional International High Profitability ETF 5.3 29 16 6.5 -0.7
FEP First Trust Europe AlphaDEX Fund 5.3 80 -35 7.6 +0.5
IXUS iShares Core MSCI Total International Stock ETF 5.3 7 38 7.5 +0.3
ASEA Global X FTSE Southeast Asia ETF 5.2 65 -20 5.9 -1.2
AVRE Avantis Real Estate ETF 5.2 17 28 7.5 +0.3
FLAU Franklin FTSE Australia ETF 5.1 9 36 6.2 -0.9
DSTX Distillate International Fundamental Stability & Value ETF 5.1 55 -10 7.4 +0.3
EWJ iShares MSCI Japan ETF 5.1 50 -5 5.7 -1.5
FEZ SPDR EURO STOXX 50 ETF 5.1 29 16 6.3 -0.8
JIVE JPMorgan International Value ETF 5.0 55 -10 10.7 +3.5
BKCI BNY Mellon Concentrated International ETF 5.0 80 -35 5.0 -2.1
VPL Vanguard FTSE Pacific ETF 4.9 7 38 6.4 -0.8
AVDE Avantis International Equity ETF 4.9 23 22 6.9 -0.2
GQRE FlexShares Global Quality Real Estate Index Fund 4.9 45 0 8.1 +1.0
DXJ WisdomTree Japan Hedged Equity Fund 4.9 48 -3 6.5 -0.7
XCEM Columbia EM Core ex-China ETF 4.8 16 29 7.8 +0.6
QWLD SPDR MSCI World StrategicFactors ETF 4.8 30 15 5.7 -1.5
EWS iShares MSCI Singapore ETF 4.8 50 -5 4.5 -2.6
VSGX Vanguard ESG International Stock ETF 4.8 10 35 7.4 +0.3
REET iShares Global REIT ETF 4.8 14 31 7.8 +0.6
HEDJ WisdomTree Europe Hedged Equity Fund 4.8 58 -13 6.4 -0.7
VIGI Vanguard International Dividend Appreciation ETF 4.7 10 35 6.2 -0.9
FDD First Trust Stoxx European Select Dividend Index Fund 4.7 58 -13 10.5 +3.4
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 4.6 46 -1 9.3 +2.2
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 4.6 40 5 6.7 -0.4
ESGG FlexShares STOXX Global ESG Select Index Fund 4.5 42 3 5.2 -2.0
DFIC Dimensional International Core Equity 2 ETF 4.5 23 22 6.9 -0.2
AVSD Avantis Responsible International Equity ETF 4.5 23 22 5.0 -2.1
EWA iShares MSCI Australia ETF 4.5 50 -5 5.8 -1.4
DFSI Dimensional International Sustainability Core 1 ETF 4.5 24 21 6.0 -1.1
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 4.5 44 1 10.3 +3.2
NXTG First Trust Indxx NextG ETF 4.4 70 -25 4.9 -2.3
DXIV Dimensional International Vector Equity ETF 4.4 34 11 7.3 +0.1
DFGR Dimensional Global Real Estate ETF 4.4 22 23 8.0 +0.8
TTAI FCF International Quality ETF 4.3 59 -14 7.4 +0.3
CGIE Capital Group International Equity ETF 4.3 54 -9 4.8 -2.3
EZA iShares MSCI South Africa ETF 4.3 58 -13 9.4 +2.2
JPXN iShares JPX-Nikkei 400 ETF 4.2 48 -3 6.2 -0.9
FKU First Trust United Kingdom AlphaDEX Fund 4.1 80 -35 7.3 +0.2
CCNR ALPS CoreCommodity Natural Resources ETF 4.0 39 6 8.4 +1.3
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 4.0 65 -20 4.5 -2.7
SDG iShares MSCI Global Sustainable Development Goals ETF 3.9 49 -4 5.2 -2.0
FYLD Cambria Foreign Shareholder Yield ETF 3.9 59 -14 11.1 +4.0
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 3.9 24 21 7.4 +0.2
SRET Global X SuperDividend REIT ETF 3.8 59 -14 12.3 +5.1
ERTH Invesco MSCI Sustainable Future ETF 3.8 62 -17 3.3 -3.8
IXP iShares Global Comm Services ETF 3.7 42 3 5.9 -1.2
VIDI Vident International Equity Strategy ETF 3.7 61 -16 10.2 +3.1
IXC iShares Global Energy ETF 3.7 44 1 10.3 +3.2
FLSW Franklin FTSE Switzerland ETF 3.6 9 36 5.9 -1.2
EWL iShares MSCI Switzerland ETF 3.6 50 -5 5.8 -1.4
EBLU Ecofin Global Water ESG Fund 3.5 40 5 4.6 -2.6
CGW Invesco S&P Global Water Index ETF 3.5 57 -12 4.8 -2.4
PIO Invesco Global Water ETF 3.5 75 -30 4.5 -2.6
EFRA iShares Environmental Infrastructure and Industrials ETF 3.5 47 -2 5.5 -1.7
TBLU Tortoise Global Water ESG ETF 3.5 40 5 4.6 -2.5
FRDM Freedom 100 Emerging Markets ETF 3.5 49 -4 7.1 -0.0
OEFA ALPS O’Shares International Developed Quality Dividend ETF 3.5 48 -3 5.3 -1.9
IDHQ Invesco S&P International Developed High Quality ETF 3.5 29 16 6.3 -0.9
KLMT Invesco MSCI Global Climate 500 ETF 3.4 10 35 5.6 -1.6
DVYA iShares Asia/Pacific Dividend ETF 3.4 49 -4 7.2 +0.1
FLGB Franklin FTSE United Kingdom ETF 3.3 9 36 7.2 +0.0
BLES Inspire Global Hope ETF 3.3 61 -16 6.8 -0.4
DFAX Dimensional World ex U.S. Core Equity 2 ETF 3.3 30 15 7.3 +0.2
ADIV SmartETFs Asia Pacific Dividend Builder ETF 3.3 78 -33 9.1 +2.0
MOTG VanEck Morningstar Global Wide Moat ETF 3.3 52 -7 10.4 +3.3
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 3.3 30 15 8.4 +1.3
WRND IQ Global Equity R&D Leaders ETF 3.2 18 27 7.5 +0.4
JHID John Hancock International High Dividend ETF 3.2 46 -1 8.9 +1.8
IXJ iShares Global Healthcare ETF 3.2 42 3 6.6 -0.5
ROAM Hartford Multifactor Emerging Markets ETF 3.1 44 1 11.4 +4.3
EWU iShares MSCI United Kingdom ETF 3.0 50 -5 7.7 +0.5
FSZ First Trust Switzerland AlphaDEX Fund 3.0 80 -35 6.1 -1.1
IMTM iShares MSCI Intl Momentum Factor ETF 2.9 30 15 5.2 -1.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 2.9 12 33 4.9 -2.3
IDMO Invesco S&P International Developed Momentum ETF 2.9 25 20 5.6 -1.5
STXE Strive Emerging Markets Ex-China ETF 2.9 32 13 7.4 +0.2
GNR SPDR S&P Global Natural Resources ETF 2.9 40 5 10.1 +3.0
EWI iShares MSCI Italy ETF 2.9 50 -5 10.6 +3.4
CZAR Themes Natural Monopoly ETF 2.8 35 10 5.6 -1.5
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 2.8 39 6 16.1 +8.9
QTUM Defiance Quantum ETF 2.8 40 5 5.1 -2.1
EMDM First Trust Bloomberg Emerging Market Democracies ETF 2.8 75 -30 10.0 +2.9
NUEM Nuveen ESG Emerging Markets Equity ETF 2.7 36 9 7.4 +0.3
OCEN IQ Clean Oceans ETF 2.7 45 0 5.4 -1.8
MOTI VanEck Morningstar International Moat ETF 2.7 58 -13 10.9 +3.8
EWC iShares MSCI Canada ETF 2.7 50 -5 5.6 -1.5
IVAL Alpha Architect International Quantitative Value ETF 2.7 49 -4 9.8 +2.6
ESGE iShares ESG Aware MSCI EM ETF 2.7 25 20 9.9 +2.8
DGT State Street SPDR Global Dow ETF 2.7 50 -5 6.6 -0.6
LEGR First Trust Indxx Innovative Transaction & Process ETF 2.7 65 -20 7.8 +0.6
SCZ iShares MSCI EAFE Small-Cap ETF 2.6 40 5 6.8 -0.4
EWM iShares MSCI Malaysia ETF 2.6 50 -5 6.1 -1.0
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 2.6 20 25 27,699.8 +27,692.7
EMXF iShares ESG Advanced MSCI EM ETF 2.6 16 29 8.0 +0.8
RNEM First Trust Emerging Markets Equity Select ETF 2.6 75 -30 8.4 +1.3
UMMA Wahed Dow Jones Islamic World ETF 2.6 65 -20 4.7 -2.5
KXI iShares Global Consumer Staples ETF 2.6 41 4 5.8 -1.4
ICPY Tweedy, Browne International Insider Value ETF 2.6 80 -35 11.0 +3.9
EWD iShares MSCI Sweden ETF 2.5 54 -9 5.1 -2.1
FNDC Schwab Fundamental International Small Co. Index ETF 2.5 39 6 5.7 -1.4
FICS First Trust International Developed Capital Strength ETF 2.5 70 -25 7.1 -0.1
EMXC iShares MSCI Emerging Markets ex China ETF 2.5 25 20 6.9 -0.2
UMI USCF Midstream Energy Income Fund ETF 2.5 85 -40 5.9 -1.2
ENFR Alerian Energy Infrastructure ETF 2.5 35 10 6.1 -1.1
TPYP Tortoise North American Pipeline Fund 2.5 40 5 6.0 -1.1
USAI Pacer American Energy Independence ETF 2.5 75 -30 5.0 -2.2
XCNY SPDR S&P Emerging Markets ex-China ETF 2.4 15 30 7.2 +0.0
EVLU iShares MSCI Emerging Markets Value Factor ETF 2.4 35 10 13.0 +5.9
BBCA JPMorgan BetaBuilders Canada ETF 2.4 19 26 6.0 -1.2
JSTC Adasina Social Justice All Cap Global ETF 2.4 89 -44 4.7 -2.4
ECON Columbia Emerging Markets Consumer ETF 2.4 49 -4 11.7 +4.5
HART IQ Healthy Hearts ETF 2.4 45 0 6.1 -1.1
FJP First Trust Japan AlphaDEX Fund 2.4 80 -35 7.9 +0.8
EUFN iShares MSCI Europe Financials ETF 2.4 51 -6 7.3 +0.2
EWT iShares MSCI Taiwan ETF 2.4 58 -13 5.8 -1.4
LDEM iShares ESG MSCI EM Leaders ETF 2.4 17 28 13.1 +5.9
JHEM John Hancock Multifactor Emerging Markets ETF 2.4 49 -4 9.4 +2.2
FTRI First Trust Indxx Global Natural Resources Income ETF 2.4 70 -25 7.4 +0.2
AQWA Global X Clean Water ETF 2.4 50 -5 5.1 -2.0
AFK VanEck Africa Index ETF 2.3 98 -53 13.3 +6.2
JDOC JPMorgan Healthcare Leaders ETF 2.3 65 -20 3.8 -3.3
FDT First Trust Developed Markets ex-US AlphaDEX Fund 2.3 80 -35 8.3 +1.2
EWH iShares MSCI Hong Kong ETF 2.3 50 -5 5.2 -1.9
GLOF iShares Global Equity Factor ETF 2.3 20 25 6.6 -0.5
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 2.3 32 13 6.2 -1.0
FDEM Fidelity Emerging Markets Multifactor ETF 2.3 25 20 12.3 +5.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 2.3 9 36 5.5 -1.7
FLTW Franklin FTSE Taiwan ETF 2.2 19 26 5.9 -1.2
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 2.2 50 -5 10.1 +3.0
FLCA Franklin FTSE Canada ETF 2.2 9 36 6.1 -1.1
GEW Cambria Global EW ETF 2.2 29 16 5.9 -1.3
KOKU Xtrackers MSCI Kokusai Equity ETF 2.2 9 36 5.1 -2.1
XT iShares Exponential Technologies ETF 2.2 46 -1 4.8 -2.3
PXH Invesco FTSE RAFI Emerging Markets ETF 2.2 49 -4 15.1 +8.0
IDNA iShares Genomics Immunology and Healthcare ETF 2.2 47 -2 -2.6 -9.7
URTH iShares MSCI World ETF 2.1 24 21 4.9 -2.2
ACWI iShares MSCI ACWI ETF 2.1 32 13 5.3 -1.8
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 2.1 15 30 7.5 +0.3
DEM WisdomTree Emerging Markets High Dividend Fund 2.1 63 -18 12.6 +5.5
IOO iShares Global 100 ETF 2.1 41 4 4.6 -2.6
FTHF First Trust Emerging Markets Human Flourishing ETF 2.1 75 -30 9.0 +1.9
IGF iShares Global Infrastructure ETF 2.1 41 4 4.7 -2.5
GII SPDR S&P Global Infrastructure ETF 2.1 40 5 4.7 -2.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 2.1 20 25 5.4 -1.8
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 2.0 75 -30 7.2 +0.0
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 2.0 58 -13 8.2 +1.1
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 2.0 58 -13 4.4 -2.8
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 2.0 66 -21 9.1 +2.0
EFG iShares MSCI EAFE Growth ETF 2.0 36 9 4.2 -3.0
WDNA WisdomTree BioRevolution Fund 2.0 45 0 -1.8 -9.0
JGLO JPMorgan Global Select Equity ETF 2.0 33 12 5.0 -2.1
VT Vanguard Total World Stock ETF 1.9 6 39 5.7 -1.5
EMMF WisdomTree Emerging Markets Multifactor Fund 1.9 48 -3 7.0 -0.2
TOK iShares MSCI Kokusai ETF 1.9 26 19 4.9 -2.3
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 1.9 30 15 9.5 +2.4
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 1.9 15 30 9.9 +2.7
EYLD Cambria Emerging Shareholder Yield ETF 1.9 66 -21 11.8 +4.7
WLDR Affinity World Leaders Equity ETF 1.9 67 -22 7.6 +0.4
EUDG WisdomTree Europe Quality Dividend Growth Fund 1.9 58 -13 6.5 -0.7
BKEM BNY Mellon Emerging Markets Equity ETF 1.9 11 34 9.2 +2.1
COPY Tweedy, Browne Insider + Value ETF 1.9 80 -35 11.3 +4.2
SCHE Schwab Emerging Markets Equity ETF 1.9 11 34 10.9 +3.8
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.8 49 -4 6.7 -0.5
CGXU Capital Group International Focus Equity ETF 1.8 54 -9 5.3 -1.9
IBAT iShares Energy Storage & Materials ETF 1.8 47 -2 2.7 -4.4
EEM iShares MSCI Emerging Markets ETF 1.8 69 -24 9.6 +2.4
RGEF Rockefeller Global Equity ETF 1.8 55 -10 4.6 -2.6
IXG iShares Global Financials ETF 1.8 42 3 6.3 -0.9
EIPI FT Energy Income Partners Enhanced Income ETF 1.7 110 -65 7.0 -0.1
EIPX FT Energy Income Partners Strategy ETF 1.7 95 -50 8.2 +1.0
DIVY Sound Equity Dividend Income ETF 1.7 45 0 9.9 +2.7
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 1.7 49 -4 9.0 +1.8
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 1.7 45 0 9.8 +2.6
KNCT Invesco Next Gen Connectivity ETF 1.7 40 5 4.7 -2.5
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 1.7 36 9 9.3 +2.2
OAIM OneAscent International Equity ETF 1.7 95 -50 5.2 -2.0
INDS Pacer Industrial Real Estate ETF 1.7 55 -10 6.6 -0.5
KOCG FIS Knights of Columbus Global Belief ETF 1.7 75 -30 5.0 -2.2
DEHP Dimensional Emerging Markets High Profitability ETF 1.6 41 4 6.3 -0.8
UEVM VictoryShares Emerging Markets Value Momentum ETF 1.6 45 0 10.2 +3.1
ECOW Pacer Emerging Markets Cash Cows 100 ETF 1.6 70 -25 12.3 +5.1
AVES Avantis Emerging Markets Value ETF 1.6 36 9 10.6 +3.4
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 1.6 60 -15 7.9 +0.8
VWO Vanguard FTSE Emerging Markets ETF 1.6 7 38 10.4 +3.3
FLBR Franklin FTSE Brazil ETF 1.6 19 26 15.1 +8.0
FLLA Franklin FTSE Latin America ETF 1.6 19 26 12.9 +5.8
EWZ iShares MSCI Brazil ETF 1.6 58 -13 13.6 +6.4
IVRA Invesco Real Assets ESG ETF 1.5 59 -14 6.7 -0.5
NDIV Amplify Natural Resources Dividend Income ETF 1.5 59 -14 15.1 +8.0
MDLV Morgan Dempsey Large Cap Value ETF 1.5 58 -13 7.1 -0.0
FLAX Franklin FTSE Asia Ex Japan ETF 1.5 19 26 8.6 +1.4
MOO VanEck Agribusiness ETF 1.5 53 -8 10.7 +3.6
IEMG iShares Core MSCI Emerging Markets ETF 1.5 9 36 9.9 +2.8
AAXJ iShares MSCI All Country Asia ex Japan ETF 1.5 70 -25 8.5 +1.4
FLN First Trust Latin America AlphaDEX Fund 1.5 80 -35 11.8 +4.6
SPEM SPDR Portfolio Emerging Markets ETF 1.5 7 38 10.6 +3.4
DVYE iShares Emerging Markets Dividend ETF 1.5 49 -4 18.2 +11.0
XC WisdomTree Emerging Markets Ex-China Fund 1.5 32 13 6.2 -0.9
DISV Dimensional International Small Cap Value ETF 1.4 42 3 8.7 +1.5
DEXC Dimensional Emerging Markets ex China Core EquityETF 1.4 53 -8 7.1 -0.1
DFIS Dimensional International Small Cap ETF 1.4 39 6 6.8 -0.3
GLBL Pacer MSCI World Industry Advantage ETF 1.4 65 -20 4.1 -3.1
MJSC MUFG Japan Small Cap Active ETF 1.4 85 -40 5.7 -1.4
AVXC Avantis Emerging Markets Ex-China Equity ETF 1.4 33 12 7.9 +0.8
DFAE Dimensional Emerging Core Equity Market ETF 1.4 35 10 8.6 +1.5
FTAG First Trust Indxx Global Agriculture ETF 1.3 70 -25 8.3 +1.2
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.3 56 -11 10.6 +3.5
FLHK Franklin FTSE Hong Kong ETF 1.3 9 36 4.3 -2.9
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 1.3 59 -14 8.6 +1.5
POW VistaShares Electrification Supercycle ETF 1.3 75 -30 3.5 -3.6
EIRL iShares MSCI Ireland ETF 1.2 50 -5 7.7 +0.6
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 1.2 58 -13 6.7 -0.5
GINN Goldman Sachs Innovate Equity ETF 1.2 52 -7 3.7 -3.5
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 1.2 58 -13 6.8 -0.3
FGM First Trust Germany AlphaDEX Fund 1.2 80 -35 6.6 -0.5
DFJ WisdomTree Japan SmallCap Dividend Fund 1.1 58 -13 6.9 -0.2
RXI iShares Global Consumer Discretionary ETF 1.1 41 4 8.3 +1.1
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.1 45 0 1.7 -5.4
IPKW Invesco International BuyBack Achievers ETF 1.1 55 -10 8.6 +1.4
FDCF Fidelity Disruptive Communications ETF 1.1 50 -5 3.9 -3.3
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 1.1 55 -10 6.5 -0.6
SCHC Schwab International Small-Cap Equity ETF 1.1 11 34 7.4 +0.2
PRNT 3D Printing ETF 1.1 66 -21 1.8 -5.3
CANC Tema Oncology ETF 1.1 75 -30 -2.3 -9.5
HRTS Tema Heart & Health ETF 1.1 75 -30 2.2 -4.9
ITOL Tema International Durable Quality ETF 1.1 60 -15 5.6 -1.6
CLNR IQ Cleaner Transport ETF 1.1 45 0 5.2 -2.0
GSFP Goldman Sachs Future Planet Equity ETF 1.1 75 -30 4.4 -2.7
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 1.1 79 -34 5.0 -2.1
TEMP JPMorgan Climate Change Solutions ETF 1.1 49 -4 5.8 -1.3
VCLN Virtus Duff & Phelps Clean Energy ETF 1.1 59 -14 4.2 -3.0
AGQI First Trust Active Global Quality Income ETF 1.1 85 -40 5.1 -2.0
FAN First Trust Global Wind Energy ETF 1.1 60 -15 4.2 -3.0
HAP VanEck Natural Resources ETF 1.1 50 -5 8.8 +1.7
SMOG VanEck Low Carbon Energy ETF 1.1 61 -16 1.6 -5.6
EWP iShares MSCI Spain ETF 1.1 50 -5 6.5 -0.7
ICLN iShares Global Clean Energy ETF 1.1 41 4 3.2 -3.9
VOLT Tema Electrification ETF 1.1 75 -30 3.6 -3.5
EMGF iShares Emerging Markets Equity Factor ETF 1.1 25 20 10.9 +3.8
IQDG WisdomTree International Quality Dividend Growth Fund 1.1 42 3 6.7 -0.4
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.1 38 7 8.6 +1.5
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.1 32 13 8.5 +1.3
EMM Global X Emerging Markets ex-China ETF 1.1 75 -30 6.7 -0.5
CZA Invesco Zacks Mid-Cap ETF 1.0 72 -27 7.5 +0.3
PID Invesco International Dividend Achievers ETF 1.0 53 -8 5.1 -2.0
EWN iShares MSCI Netherlands ETF 1.0 50 -5 5.5 -1.6
EEMA iShares MSCI Emerging Markets Asia ETF 1.0 49 -4 9.3 +2.1
TIIV AAM Todd International Intrinsic Value ETF 1.0 54 -9 10.9 +3.8
IEUS iShares MSCI Europe Small-Cap ETF 1.0 42 3 7.2 +0.0
ISCF iShares International SmallCap Equity Factor ETF 1.0 23 22 8.0 +0.9
EINC VanEck Energy Income ETF 1.0 48 -3 5.8 -1.4
AZTD Aztlan Global Stock Selection DM SMID ETF 1.0 75 -30 6.2 -0.9
FLSA Franklin FTSE Saudi Arabia ETF 1.0 39 6 0.0 -7.1
KSA iShares MSCI Saudi Arabia ETF 1.0 74 -29 0.0 -7.1
HTEC ROBO Global Healthcare Technology and Innovation ETF 1.0 68 -23 1.9 -5.2
SAGP Strategas Global Policy Opportunities ETF 1.0 65 -20 5.4 -1.8
MDEV First Trust Indxx Medical Devices ETF 1.0 70 -25 4.7 -2.4
AGNG Global X Aging Population ETF 1.0 50 -5 4.5 -2.6
AVSE Avantis Responsible Emerging Markets Equity ETF 1.0 33 12 7.9 +0.8
EEMO Invesco S&P Emerging Markets Momentum ETF 0.9 29 16 7.6 +0.4
DIVS SmartETFs Dividend Builder ETF 0.9 65 -20 5.1 -2.1
FEGE First Eagle Global Equity ETF 0.9 79 -34 6.4 -0.8
FEOE First Eagle Overseas Equity ETF 0.9 79 -34 6.7 -0.5
FDFF Fidelity Disruptive Finance ETF 0.9 50 -5 4.5 -2.6
EWUS iShares MSCI United Kingdom Small Cap ETF 0.9 59 -14 7.7 +0.5
FPAG FPA Global Equity ETF 0.9 49 -4 5.6 -1.6
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.9 33 12 9.7 +2.5
DTRE First Trust Alerian Disruptive Technology Real Estate ETF 0.9 60 -15 5.8 -1.4
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.9 41 4 8.1 +1.0
AVEM Avantis Emerging Markets Equity ETF 0.9 33 12 8.2 +1.1
THD iShares MSCI Thailand ETF 0.9 58 -13 0.0 -7.1
KAT Scharf ETF 0.8 87 -42 5.2 -1.9
FEM First Trust Emerging Markets AlphaDEX Fund 0.8 80 -35 11.4 +4.3
GVAL Cambria Global Value ETF 0.8 68 -23 10.3 +3.2
CRTC Xtrackers US National Critical Technologies ETF 0.8 35 10 4.8 -2.4
JRE Janus Henderson U.S. Real Estate ETF 0.8 65 -20 8.5 +1.3
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.8 8 37 7.1 -0.0
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 0.8 60 -15 3.9 -3.2
AVDS Avantis International Small Cap Equity ETF 0.8 30 15 6.5 -0.6
GMF SPDR S&P Emerging Asia Pacific ETF 0.7 49 -4 9.6 +2.4
PBD Invesco Global Clean Energy ETF 0.7 75 -30 0.8 -6.4
FLGR Franklin FTSE Germany ETF 0.7 9 36 7.0 -0.1
VEGI iShares MSCI Agriculture Producers ETF 0.7 39 6 9.2 +2.1
AVDV Avantis International Small Cap Value ETF 0.7 36 9 8.5 +1.4
FLKR Franklin FTSE South Korea ETF 0.7 9 36 7.1 -0.0
EPI WisdomTree India Earnings Fund 0.7 85 -40 4.8 -2.3
FLIN Franklin FTSE India ETF 0.7 19 26 4.0 -3.2
INCO Columbia India Consumer ETF 0.7 75 -30 1.8 -5.3
PIN Invesco India ETF 0.7 78 -33 5.0 -2.1
NFTY First Trust India NIFTY 50 Equal Weight ETF 0.7 80 -35 4.9 -2.2
INDA iShares MSCI India ETF 0.7 65 -20 4.5 -2.7
INDY iShares India 50 ETF 0.7 89 -44 5.4 -1.7
EWG iShares MSCI Germany ETF 0.7 50 -5 6.4 -0.8
DLS WisdomTree International SmallCap Dividend Fund 0.6 58 -13 7.8 +0.6
GINX SGI Enhanced Global Income ETF 0.6 98 -53 7.8 +0.7
MEM Matthews Emerging Markets Equity Active ETF 0.6 79 -34 7.6 +0.4
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 0.6 95 -50 11.8 +4.7
CGGO Capital Group Global Growth Equity ETF 0.6 47 -2 4.3 -2.8
RAYD Rayliant Quantitative Developed Market Equity ETF 0.6 80 -35 4.5 -2.7
CUT Invesco MSCI Global Timber ETF 0.6 61 -16 10.8 +3.7
EFNL iShares MSCI Finland ETF 0.6 56 -11 6.1 -1.0
CGV Conductor Global Equity Value ETF 0.6 130 -85 7.7 +0.6
DFEV Dimensional Emerging Markets Value ETF 0.5 43 2 11.7 +4.6
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 0.5 88 -43 8.6 +1.4
EMC Global X Emerging Markets Great Consumer ETF 0.5 75 -30 8.7 +1.5
BKF iShares MSCI BIC ETF 0.5 69 -24 13.4 +6.3
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.5 80 -35 10.5 +3.4
FPWR First Trust EIP Power Solutions ETF 0.5 96 -51 5.1 -2.1
MXI iShares Global Materials ETF 0.5 41 4 6.9 -0.2
EWY iShares MSCI South Korea ETF 0.5 58 -13 6.4 -0.7
JADE JPMorgan Active Developing Markets Equity ETF 0.4 65 -20 7.9 +0.7
FVD First Trust Value Line Dividend Index Fund 0.4 65 -20 6.2 -0.9
GVLU Gotham 1000 Value ETF 0.4 50 -5 9.5 +2.3
AIA iShares Asia 50 ETF 0.4 50 -5 12.9 +5.7
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 0.3 80 -35 9.7 +2.5
TRFM AAM Transformers ETF 0.3 49 -4 1.3 -5.9
EXI iShares Global Industrials ETF 0.3 42 3 4.3 -2.8
KLMN Invesco MSCI North America Climate ETF 0.3 9 36 5.0 -2.2
IXN iShares Global Tech ETF 0.2 41 4 3.6 -3.6
SHPP Pacer Industrials and Logistics ETF 0.2 60 -15 8.2 +1.1
GWX SPDR S&P International Small Cap ETF 0.1 40 5 6.4 -0.7
RVRB Reverb ETF 0.1 30 15 4.5 -2.6

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2020 2021 2022 2023 2024 2025E 2026E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2024 2025E 2026E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 SPDR S&P International Dividend 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 10.2 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 45 bp
Equals: ALTAR Score 7.1 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.69 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.