SPDR S&P International Dividend ETF
ALTAR
Score™		 6.6% info Recommen-
dation		 OVERWEIGHT
2025E    2026E
P/E
ratio		 14.7x P/Sales
ratio		 1.1x
P/BV
ratio		 1.5x Div.
yield		 4.4%


  • 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) $517
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 97
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
TOTAL SA 2.9 %
EVONIK INDUSTRIES AG 2.0 %
PEMBINA PIPELINE CORP 2.0 %
DCC PLC 1.9 %
ORANGE SA 1.9 %
AMBEV-SA 1.8 %
SNAM RETE GAS 1.7 %
VEOLIA ENVIRONNEMENT 1.7 %
ROYAL KPN NV 1.6 %
BOUYGUES SA 1.5 %
Total 19.1 %

TOP COUNTRY EXPOSURE
JAPAN 23.0 %
FRANCE 12.7 %
CANADA 7.9 %
AUSTRALIA 6.9 %
BRITAIN 6.9 %
SWITZERLAND 4.2 %
SOUTH AFRICA 3.4 %
TAIWAN 3.3 %
ITALY 3.2 %
GERMANY 2.6 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
7.2% 17.0% 7.6% 7.5% 2.6%

Market Correlations
versus... Beta R-squared
S&P500 0.48 27%
MSCI EAFE 0.61 72%
MSCI Emg. Mkts. 0.35 41%

Technical Indicators
Recent close $47.17
30d moving avg. $46.71
Annualized volatility 13.0%
Short interest (ETF) 0.1%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 13
Turnover 0.1%
Bid/Ask (% of price) 0.57%
ADV underlying (mns) $3,771

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 458 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™: 6.6%


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
(%)
EFAV iShares MSCI EAFE Min Vol Factor ETF 20.1 22 23 5.8 -0.8
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 19.8 80 -35 5.4 -1.2
LVHI Franklin International Low Volatility High Dividend Index ET 18.2 40 5 7.6 +0.9
FID First Trust S&P International Dividend Aristocrats ETF 17.5 60 -15 7.6 +1.0
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 15.0 9 36 7.7 +1.0
DWMF WisdomTree International Multifactor Fund 14.0 38 7 6.6 -0.1
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 13.6 32 13 5.3 -1.3
DIVI Franklin International Core Dividend Tilt Index ETF 13.4 9 36 6.4 -0.3
WDIV SPDR S&P Global Dividend ETF 13.2 40 5 8.9 +2.3
GCOW Pacer Global Cash Cows Dividend ETF 13.1 60 -15 9.4 +2.7
EDIV SPDR S&P Emerging Markets Dividend ETF 13.1 49 -4 8.8 +2.1
AIVI WisdomTree International AI Enhanced Value Fund 12.8 58 -13 6.1 -0.6
EFV iShares MSCI EAFE Value ETF 12.6 34 11 7.6 +0.9
RODM Hartford Multifactor Developed Markets (ex-US) ETF 12.4 29 16 6.9 +0.3
SCHY Schwab International Dividend Equity ETF 12.0 14 31 8.3 +1.6
JIVE JPMorgan International Value ETF 11.8 55 -10 8.0 +1.4
QEFA SPDR MSCI EAFE StrategicFactors ETF 11.4 30 15 6.1 -0.6
JPIN J.P. Morgan Diversified Return International Equity ETF 11.2 37 8 6.9 +0.3
DTH WisdomTree International High Dividend Fund 10.9 58 -13 7.2 +0.5
FDEV Fidelity International Multifactor ETF 10.8 18 27 7.2 +0.5
VYMI Vanguard International High Dividend Yield ETF 10.6 17 28 7.8 +1.2
DFIV Dimensional International Value ETF 10.1 27 18 7.6 +1.0
EWQ iShares MSCI France ETF 10.0 53 -8 6.4 -0.2
DOL WisdomTree International LargeCap Dividend Fund 9.6 48 -3 5.4 -1.2
IDOG ALPS International Sector Dividend Dogs ETF 9.6 50 -5 9.0 +2.4
IGRO iShares International Dividend Growth ETF 9.4 15 30 6.7 +0.1
EFAS Global X MSCI SuperDividend EAFE ETF 9.3 57 -12 7.2 +0.6
DTAN Sparkline International Intangible Value ETF 9.3 55 -10 7.1 +0.5
IVLU iShares MSCI Intl Value Factor ETF 9.2 30 15 8.0 +1.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 9.1 45 0 6.5 -0.1
FIDI Fidelity International High Dividend ETF 9.1 18 27 7.2 +0.5
INEQ Columbia International Equity Income ETF 9.0 45 0 7.7 +1.0
FNDF Schwab Fundamental International Large Co. Index ETF 8.8 25 20 7.2 +0.5
IQLT iShares MSCI Intl Quality Factor ETF 8.8 30 15 5.4 -1.2
TPIF Timothy Plan International ETF 8.8 62 -17 5.5 -1.2
BBEU JPMorgan BetaBuilders Europe ETF 8.7 9 36 6.1 -0.6
ICOW Pacer Developed Markets International Cash Cows 100 ETF 8.7 65 -20 7.8 +1.1
CIL VictoryShares International Volatility Wtd ETF 8.7 45 0 5.8 -0.8
JHMD John Hancock Multifactor Developed International ETF 8.7 39 6 6.0 -0.6
RFDI First Trust Riverfront Dynamic Developed International ETF 8.7 83 -38 7.5 +0.8
ESGD iShares ESG Aware MSCI EAFE ETF 8.6 20 25 5.7 -1.0
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 8.6 25 20 6.1 -0.5
IFGL iShares International Developed Real Estate ETF 8.6 48 -3 7.3 +0.7
DBEU Xtrackers MSCI Europe Hedged Equity ETF 8.6 46 -1 5.4 -1.3
IEV iShares Europe ETF 8.6 67 -22 5.8 -0.8
JIRE JPMorgan International Research Enhanced Equity ETF 8.6 24 21 5.7 -1.0
FLEE Franklin FTSE Europe ETF 8.5 9 36 6.1 -0.5
GSID Goldman Sachs MarketBeta International Equity ETF 8.4 20 25 5.7 -1.0
FENI Fidelity Enhanced International ETF 8.4 28 17 5.6 -1.0
CGDG Capital Group Dividend Growers ETF 8.4 47 -2 5.1 -1.5
HFXI IQ FTSE International Equity Currency Neutral ETF 8.4 20 25 5.4 -1.2
PPIE Putnam PanAgora ESG International Equity ETF 8.3 49 -4 6.2 -0.4
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 8.3 14 31 5.1 -1.5
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 8.3 24 21 6.8 +0.1
EFAD ProShares MSCI EAFE Dividend Growers ETF 8.2 50 -5 5.7 -1.0
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 8.2 36 9 5.2 -1.4
RWX SPDR Dow Jones International Real Estate ETF 8.2 59 -14 7.1 +0.5
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 8.2 58 -13 9.1 +2.4
IMFL Invesco International Developed Dynamic Multifactor ETF 8.1 34 11 5.0 -1.7
VGK Vanguard FTSE Europe ETF 8.0 6 39 6.4 -0.3
IDV iShares International Select Dividend ETF 8.0 51 -6 9.2 +2.5
IEUR iShares Core MSCI Europe ETF 7.9 11 34 6.3 -0.3
STXI Strive International Developed Markets ETF 7.9 29 16 6.2 -0.4
EFA iShares MSCI EAFE ETF 7.9 35 10 5.7 -1.0
IQSI IQ Candriam International Equity ETF 7.9 15 30 5.4 -1.2
HEFA iShares Currency Hedged MSCI EAFE ETF 7.9 35 10 5.6 -1.1
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 7.9 47 -2 4.9 -1.7
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 7.8 40 5 5.5 -1.1
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 7.8 10 35 8.4 +1.7
DWM WisdomTree International Equity Fund 7.7 48 -3 5.5 -1.2
BKIE BNY Mellon International Equity ETF 7.6 4 41 5.9 -0.8
EWJV iShares MSCI Japan Value ETF 7.5 15 30 6.8 +0.2
EZU iShares MSCI Eurozone ETF 7.5 52 -7 5.5 -1.2
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 7.5 12 33 5.2 -1.5
HEZU iShares Currency Hedged MSCI Eurozone ETF 7.5 53 -8 5.3 -1.4
NUDM Nuveen ESG International Developed Markets Equity ETF 7.3 31 14 5.4 -1.3
IEFA iShares Core MSCI EAFE ETF 7.3 7 38 6.0 -0.7
SPEU SPDR Portfolio Europe ETF 7.3 7 38 6.3 -0.3
IMTM iShares MSCI Intl Momentum Factor ETF 7.2 30 15 4.6 -2.1
GSIE Goldman Sachs ActiveBeta International Equity ETF 7.2 25 20 6.0 -0.6
ACWV iShares MSCI Global Min Vol Factor ETF 7.2 20 25 5.7 -0.9
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 7.1 45 0 5.4 -1.3
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 7.1 20 25 5.6 -1.0
RCGE RockCreek Global Equality ETF 7.1 95 -50 6.0 -0.7
VNQI Vanguard Global ex-U.S. Real Estate ETF 7.0 12 33 8.4 +1.8
IDEV iShares Core MSCI International Developed Markets ETF 6.9 4 41 5.9 -0.7
EELV Invesco S&P Emerging Markets Low Volatility ETF 6.7 29 16 8.6 +2.0
FIVA Fidelity International Value Factor ETF 6.6 18 27 7.0 +0.4
SCHF Schwab International Equity ETF 6.5 6 39 5.7 -1.0
FEZ SPDR EURO STOXX 50 ETF 6.5 29 16 5.5 -1.1
VEA Vanguard FTSE Developed Markets ETF 6.4 3 42 5.7 -0.9
DFAI Dimensional International Core Equity Market ETF 6.4 18 27 5.9 -0.8
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 6.4 20 25 5.5 -1.2
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 6.4 46 -1 5.1 -1.6
PATN Pacer Nasdaq International Patent Leaders ETF 6.4 65 -20 3.8 -2.8
FRGN Horizon International Equity ETF 6.4 75 -30 7.4 +0.8
CEFA Global X S&P Catholic Values Developed ex-US ETF 6.4 35 10 5.5 -1.1
SPDW SPDR Portfolio Developed World ex-US ETF 6.3 3 42 5.6 -1.0
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 6.3 39 6 6.0 -0.6
QINT American Century Quality Diversified International ETF 6.3 39 6 6.5 -0.2
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 6.2 41 4 5.8 -0.9
IQDF FlexShares International Quality Dividend Index Fund 6.2 47 -2 7.2 +0.6
AVIV Avantis International Large Cap Value ETF 6.0 25 20 6.8 +0.2
CGIE Capital Group International Equity ETF 6.0 54 -9 4.5 -2.2
INTF iShares International Equity Factor ETF 6.0 15 30 6.4 -0.2
JXI iShares Global Utilities ETF 6.0 43 2 5.2 -1.5
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 5.9 19 26 5.3 -1.3
DSTX Distillate International Fundamental Stability & Value ETF 5.9 55 -10 6.5 -0.1
DIM WisdomTree International MidCap Dividend Fund 5.9 58 -13 6.1 -0.5
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 5.9 46 -1 7.7 +1.1
GXUS Goldman Sachs MarketBeta Total International Equity ETF 5.8 18 27 6.1 -0.5
FEUZ First Trust Eurozone AlphaDEX ETF 5.8 80 -35 6.2 -0.4
UIVM VictoryShares International Value Momentum ETF 5.7 35 10 7.9 +1.3
EPP iShares MSCI Pacific ex-Japan ETF 5.6 47 -2 5.0 -1.6
CWI SPDR MSCI ACWI ex-US ETF 5.6 30 15 6.2 -0.4
DMXF iShares ESG Advanced MSCI EAFE ETF 5.6 12 33 4.8 -1.8
ACWX iShares MSCI ACWI ex U.S. ETF 5.5 34 11 6.2 -0.5
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 5.5 25 20 5.8 -0.8
VEU Vanguard FTSE All-World ex-US Index Fund 5.5 4 41 6.5 -0.2
IVAL Alpha Architect International Quantitative Value ETF 5.4 49 -4 7.5 +0.9
FLJH Franklin FTSE Japan Hedged ETF 5.4 9 36 4.9 -1.8
IVSI Applied Finance IVS International Large ETF 5.4 65 -20 5.8 -0.8
WWJD Inspire International ETF 5.4 80 -35 6.2 -0.4
FLJP Franklin FTSE Japan ETF 5.4 9 36 5.2 -1.5
IPAC iShares Core MSCI Pacific ETF 5.3 9 36 5.4 -1.3
IXC iShares Global Energy ETF 5.3 44 1 7.8 +1.1
DEW WisdomTree Global High Dividend Fund 5.3 58 -13 7.1 +0.5
DXJ WisdomTree Japan Hedged Equity Fund 5.3 48 -3 5.1 -1.5
IQDY FlexShares International Quality Dividend Dynamic Index Fund 5.2 47 -2 6.9 +0.2
BBJP JPMorgan BetaBuilders Japan ETF 5.1 19 26 5.1 -1.5
VXUS Vanguard Total International Stock ETF 5.1 5 40 6.4 -0.3
DIHP Dimensional International High Profitability ETF 5.1 29 16 5.6 -1.0
EUDV ProShares MSCI Europe Dividend Growers ETF 5.0 55 -10 5.7 -1.0
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 5.0 39 6 6.8 +0.2
DBJP Xtrackers MSCI Japan Hedged Equity ETF 5.0 47 -2 4.4 -2.2
SCJ iShares MSCI Japan Small-Cap ETF 5.0 50 -5 5.5 -1.2
FEP First Trust Europe AlphaDEX Fund 4.9 80 -35 6.6 0.0
IXUS iShares Core MSCI Total International Stock ETF 4.9 7 38 6.4 -0.2
AVDE Avantis International Equity ETF 4.9 23 22 6.1 -0.5
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 4.9 40 5 6.0 -0.7
IXP iShares Global Comm Services ETF 4.9 42 3 5.7 -1.0
EWJ iShares MSCI Japan ETF 4.8 50 -5 4.7 -1.9
QWLD SPDR MSCI World StrategicFactors ETF 4.8 30 15 5.1 -1.5
VGSR Vert Global Sustainable Real Estate ETF 4.8 47 -2 6.8 +0.2
HEWJ iShares Currency Hedged MSCI Japan ETF 4.8 50 -5 5.1 -1.5
ERET iShares Environmentally Aware Real Estate ETF 4.8 30 15 6.8 +0.1
AVSD Avantis Responsible International Equity ETF 4.7 23 22 5.8 -0.8
DFSI Dimensional International Sustainability Core 1 ETF 4.7 24 21 5.5 -1.2
DFIC Dimensional International Core Equity 2 ETF 4.7 23 22 6.1 -0.6
DXIV Dimensional International Vector Equity ETF 4.6 34 11 6.4 -0.2
IQRA IQ CBRE Real Assets ETF 4.6 65 -20 5.8 -0.9
NDIV Amplify Natural Resources Dividend Income ETF 4.5 59 -14 11.6 +4.9
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 4.5 25 20 5.3 -1.3
RWO SPDR Dow Jones Global Real Estate ETF 4.5 50 -5 6.2 -0.5
CGW Invesco S&P Global Water Index ETF 4.5 57 -12 4.5 -2.1
PIO Invesco Global Water ETF 4.5 75 -30 4.3 -2.3
EFRA iShares Environmental Infrastructure and Industrials ETF 4.5 47 -2 5.0 -1.7
TBLU Tortoise Global Water ESG ETF 4.5 40 5 4.5 -2.2
KNO AXS Knowledge Leaders ETF 4.5 78 -33 3.9 -2.8
VSGX Vanguard ESG International Stock ETF 4.4 10 35 6.3 -0.3
FLAU Franklin FTSE Australia ETF 4.4 9 36 5.7 -1.0
EBLU Ecofin Global Water ESG Fund 4.4 40 5 4.6 -2.1
NXTG First Trust Indxx NextG ETF 4.3 70 -25 3.4 -3.3
VIDI Vident International Equity Strategy ETF 4.3 61 -16 7.9 +1.3
GNR SPDR S&P Global Natural Resources ETF 4.3 40 5 8.5 +1.8
TTAI FCF International Quality ETF 4.2 59 -14 6.8 +0.2
JPXN iShares JPX-Nikkei 400 ETF 4.2 48 -3 5.3 -1.4
BINV Brandes International ETF 4.2 70 -25 8.4 +1.8
AVRE Avantis Real Estate ETF 4.1 17 28 6.7 +0.1
VPL Vanguard FTSE Pacific ETF 4.1 7 38 4.9 -1.7
DEM WisdomTree Emerging Markets High Dividend Fund 4.1 63 -18 9.9 +3.3
EWA iShares MSCI Australia ETF 4.1 50 -5 5.2 -1.4
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 4.0 65 -20 3.9 -2.8
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 4.0 44 1 9.2 +2.6
REET iShares Global REIT ETF 3.9 14 31 6.9 +0.2
SDG iShares MSCI Global Sustainable Development Goals ETF 3.9 49 -4 4.5 -2.2
VIGI Vanguard International Dividend Appreciation ETF 3.8 10 35 6.0 -0.7
FICS First Trust International Developed Capital Strength ETF 3.8 70 -25 6.6 -0.1
EWL iShares MSCI Switzerland ETF 3.7 50 -5 5.5 -1.2
FLSW Franklin FTSE Switzerland ETF 3.7 9 36 5.6 -1.0
DFGR Dimensional Global Real Estate ETF 3.6 22 23 6.9 +0.2
ESGG FlexShares STOXX Global ESG Select Index Fund 3.5 42 3 4.0 -2.7
FKU First Trust United Kingdom AlphaDEX Fund 3.5 80 -35 7.0 +0.4
OEFA ALPS O’Shares International Developed Quality Dividend ETF 3.4 48 -3 4.7 -2.0
JSTC Adasina Social Justice All Cap Global ETF 3.4 89 -44 4.2 -2.5
IDHQ Invesco S&P International Developed High Quality ETF 3.4 29 16 5.0 -1.6
FDD First Trust Stoxx European Select Dividend Index Fund 3.4 58 -13 9.5 +2.8
BKCI BNY Mellon Concentrated International ETF 3.4 80 -35 4.8 -1.9
KLMT Invesco MSCI Global Climate 500 ETF 3.4 10 35 4.8 -1.8
EZA iShares MSCI South Africa ETF 3.4 58 -13 8.8 +2.1
FLGB Franklin FTSE United Kingdom ETF 3.4 9 36 6.7 +0.1
ASEA Global X FTSE Southeast Asia ETF 3.4 65 -20 5.3 -1.4
CCNR ALPS CoreCommodity Natural Resources ETF 3.3 39 6 8.1 +1.5
PIEL Pacer International Export Leaders ETF 3.3 60 -15 3.8 -2.8
HEDJ WisdomTree Europe Hedged Equity Fund 3.3 58 -13 5.8 -0.9
DFAX Dimensional World ex U.S. Core Equity 2 ETF 3.3 30 15 6.2 -0.5
EWI iShares MSCI Italy ETF 3.2 50 -5 10.4 +3.7
EWC iShares MSCI Canada ETF 3.2 50 -5 5.0 -1.6
OCEN IQ Clean Oceans ETF 3.2 45 0 4.6 -2.1
JHID John Hancock International High Dividend ETF 3.2 46 -1 7.7 +1.0
EUDG WisdomTree Europe Quality Dividend Growth Fund 3.2 58 -13 6.2 -0.4
EWU iShares MSCI United Kingdom ETF 3.1 50 -5 7.2 +0.6
FYLD Cambria Foreign Shareholder Yield ETF 3.1 59 -14 10.0 +3.4
ENFR Alerian Energy Infrastructure ETF 3.1 35 10 4.4 -2.3
UMI USCF Midstream Energy Income Fund ETF 3.1 85 -40 4.0 -2.7
USAI Pacer American Energy Independence ETF 3.1 75 -30 3.6 -3.0
ROAM Hartford Multifactor Emerging Markets ETF 3.1 44 1 7.1 +0.5
MOTG VanEck Morningstar Global Wide Moat ETF 3.0 52 -7 7.9 +1.3
IXJ iShares Global Healthcare ETF 3.0 42 3 6.4 -0.2
XCEM Columbia EM Core ex-China ETF 3.0 16 29 4.6 -2.1
IDMO Invesco S&P International Developed Momentum ETF 3.0 25 20 5.0 -1.6
TPYP Tortoise North American Pipeline Fund 3.0 40 5 4.9 -1.7
FSZ First Trust Switzerland AlphaDEX Fund 2.9 80 -35 5.1 -1.6
DIVY Sound Equity Dividend Income ETF 2.9 45 0 7.9 +1.3
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 2.9 12 33 4.4 -2.3
AQWA Global X Clean Water ETF 2.8 50 -5 4.9 -1.7
FTRI First Trust Indxx Global Natural Resources Income ETF 2.8 70 -25 6.6 -0.1
XT iShares Exponential Technologies ETF 2.8 46 -1 3.8 -2.8
RNEM First Trust Emerging Markets Equity Select ETF 2.8 75 -30 7.9 +1.2
LDEM iShares ESG MSCI EM Leaders ETF 2.8 17 28 12.3 +5.7
FRDM Freedom 100 Emerging Markets ETF 2.8 49 -4 4.9 -1.8
QTUM Defiance Quantum ETF 2.7 40 5 3.3 -3.3
DGT State Street SPDR Global Dow ETF 2.7 50 -5 5.5 -1.1
KXI iShares Global Consumer Staples ETF 2.7 41 4 5.3 -1.4
BLES Inspire Global Hope ETF 2.7 61 -16 5.6 -1.0
IDNA iShares Genomics Immunology and Healthcare ETF 2.7 47 -2 -0.3 -6.9
SCZ iShares MSCI EAFE Small-Cap ETF 2.6 40 5 6.0 -0.6
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 2.6 30 15 7.2 +0.6
RGEF Rockefeller Global Equity ETF 2.5 55 -10 3.7 -2.9
FGM First Trust Germany AlphaDEX Fund 2.5 80 -35 4.8 -1.8
EYLD Cambria Emerging Shareholder Yield ETF 2.5 66 -21 8.6 +2.0
EMMF WisdomTree Emerging Markets Multifactor Fund 2.5 48 -3 8.0 +1.4
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 2.5 39 6 13.4 +6.7
HART IQ Healthy Hearts ETF 2.5 45 0 5.8 -0.8
LEGR First Trust Indxx Innovative Transaction & Process ETF 2.4 65 -20 7.1 +0.4
EUFN iShares MSCI Europe Financials ETF 2.4 51 -6 6.9 +0.2
XC WisdomTree Emerging Markets Ex-China Fund 2.4 32 13 6.3 -0.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 2.3 9 36 4.8 -1.9
ECON Columbia Emerging Markets Consumer ETF 2.3 49 -4 6.1 -0.6
GQRE FlexShares Global Quality Real Estate Index Fund 2.3 45 0 7.2 +0.5
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 2.3 24 21 4.9 -1.8
EWUS iShares MSCI United Kingdom Small Cap ETF 2.3 59 -14 7.3 +0.7
VEXC Vanguard Emerging Markets Ex-China ETF 2.2 7 38 5.5 -1.2
ERTH Invesco MSCI Sustainable Future ETF 2.2 62 -17 3.0 -3.6
FJP First Trust Japan AlphaDEX Fund 2.2 80 -35 7.1 +0.5
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 2.2 58 -13 3.3 -3.4
EWT iShares MSCI Taiwan ETF 2.2 58 -13 2.9 -3.8
FNDC Schwab Fundamental International Small Co. Index ETF 2.2 39 6 6.6 -0.1
EFG iShares MSCI EAFE Growth ETF 2.2 36 9 3.7 -3.0
PXH Invesco FTSE RAFI Emerging Markets ETF 2.2 49 -4 13.1 +6.5
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 2.2 75 -30 6.1 -0.5
ESGE iShares ESG Aware MSCI EM ETF 2.2 25 20 7.8 +1.1
IQDG WisdomTree International Quality Dividend Growth Fund 2.2 42 3 5.6 -1.1
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 2.2 58 -13 5.2 -1.4
GEW Cambria Global EW ETF 2.1 29 16 5.3 -1.4
EWH iShares MSCI Hong Kong ETF 2.1 50 -5 5.5 -1.2
GLOF iShares Global Equity Factor ETF 2.1 20 25 5.5 -1.2
GII SPDR S&P Global Infrastructure ETF 2.1 40 5 4.2 -2.4
EWM iShares MSCI Malaysia ETF 2.1 50 -5 6.5 -0.2
AFK VanEck Africa Index ETF 2.1 98 -53 10.5 +3.9
IGF iShares Global Infrastructure ETF 2.1 41 4 4.2 -2.4
JHEM John Hancock Multifactor Emerging Markets ETF 2.1 49 -4 7.1 +0.5
URTH iShares MSCI World ETF 2.1 24 21 4.3 -2.4
BBCA JPMorgan BetaBuilders Canada ETF 2.1 19 26 5.3 -1.4
ICPY Tweedy, Browne International Insider Value ETF 2.1 80 -35 21.0 +14.4
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 2.1 49 -4 7.8 +1.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 2.1 20 25 4.6 -2.0
IOO iShares Global 100 ETF 2.1 41 4 3.8 -2.8
XCNY SPDR S&P Emerging Markets ex-China ETF 2.1 15 30 5.4 -1.2
EMXF iShares ESG Advanced MSCI EM ETF 2.1 16 29 6.4 -0.3
EMDM First Trust Bloomberg Emerging Market Democracies ETF 2.0 75 -30 5.8 -0.8
ACWI iShares MSCI ACWI ETF 2.0 32 13 4.6 -2.1
KOKU Xtrackers MSCI Kokusai Equity ETF 2.0 9 36 4.3 -2.3
EWD iShares MSCI Sweden ETF 2.0 54 -9 5.1 -1.5
FLTW Franklin FTSE Taiwan ETF 2.0 19 26 3.2 -3.5
UMMA Wahed Dow Jones Islamic World ETF 2.0 65 -20 3.3 -3.4
IVRA Invesco Real Assets ESG ETF 2.0 59 -14 6.2 -0.4
MDLV Morgan Dempsey Large Cap Value ETF 2.0 58 -13 5.7 -0.9
MLPI NEOS MLP & Engy Infras Hi Inc ETF 2.0 68 -23 4.2 -2.5
FDT First Trust Developed Markets ex-US AlphaDEX Fund 2.0 80 -35 6.3 -0.4
EWS iShares MSCI Singapore ETF 1.9 50 -5 4.1 -2.5
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.9 56 -11 9.5 +2.9
EIRL iShares MSCI Ireland ETF 1.9 50 -5 7.0 +0.4
VT Vanguard Total World Stock ETF 1.9 6 39 4.9 -1.8
TOK iShares MSCI Kokusai ETF 1.9 26 19 4.2 -2.4
FLCA Franklin FTSE Canada ETF 1.9 9 36 5.4 -1.3
STXE Strive Emerging Markets Ex-China ETF 1.9 32 13 4.8 -1.9
CZAR Themes Natural Monopoly ETF 1.9 35 10 5.4 -1.2
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 1.8 25 20 5.3 -1.3
EMXC iShares MSCI Emerging Markets ex China ETF 1.8 25 20 4.7 -1.9
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.8 49 -4 5.9 -0.8
AVES Avantis Emerging Markets Value ETF 1.8 36 9 8.5 +1.8
FLV American Century Focused Large Cap Value ETF 1.8 42 3 5.9 -0.7
ECOW Pacer Emerging Markets Cash Cows 100 ETF 1.8 70 -25 9.4 +2.8
EWZ iShares MSCI Brazil ETF 1.8 58 -13 11.1 +4.4
FLBR Franklin FTSE Brazil ETF 1.8 19 26 12.1 +5.4
MOTI VanEck Morningstar International Moat ETF 1.8 58 -13 10.2 +3.6
SDEM Global X MSCI SuperDividend Emerging Markets ETF 1.8 67 -22 12.4 +5.7
IXG iShares Global Financials ETF 1.8 42 3 6.1 -0.6
EVLU iShares MSCI Emerging Markets Value Factor ETF 1.8 35 10 9.8 +3.1
FTAG First Trust Indxx Global Agriculture ETF 1.7 70 -25 7.2 +0.6
KNCT Invesco Next Gen Connectivity ETF 1.7 40 5 2.8 -3.9
EVX VanEck Environmental Services ETF 1.7 55 -10 4.0 -2.6
FTHF First Trust Emerging Markets Human Flourishing ETF 1.7 75 -30 5.2 -1.4
IBAT iShares Energy Storage & Materials ETF 1.7 47 -2 1.4 -5.2
KOCG FIS Knights of Columbus Global Belief ETF 1.7 75 -30 4.5 -2.2
WLDR Affinity World Leaders Equity ETF 1.6 67 -22 5.5 -1.2
SCHE Schwab Emerging Markets Equity ETF 1.6 11 34 9.2 +2.6
GINN Goldman Sachs Innovate Equity ETF 1.6 52 -7 3.7 -3.0
DISV Dimensional International Small Cap Value ETF 1.6 42 3 7.9 +1.3
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 1.6 15 30 7.5 +0.9
EWN iShares MSCI Netherlands ETF 1.6 50 -5 4.3 -2.3
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 1.6 30 15 7.5 +0.8
DFIS Dimensional International Small Cap ETF 1.6 39 6 6.0 -0.7
PRNT 3D Printing ETF 1.6 66 -21 1.2 -5.5
FDEM Fidelity Emerging Markets Multifactor ETF 1.5 25 20 9.8 +3.2
CRTC Xtrackers US National Critical Technologies ETF 1.5 35 10 4.1 -2.5
FLLA Franklin FTSE Latin America ETF 1.5 19 26 10.5 +3.9
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 1.5 66 -21 6.7 +0.1
COPY Tweedy, Browne Insider + Value ETF 1.5 80 -35 14.6 +8.0
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 1.5 45 0 7.6 +0.9
VWO Vanguard FTSE Emerging Markets ETF 1.4 7 38 8.9 +2.2
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 1.4 15 30 8.4 +1.7
EEM iShares MSCI Emerging Markets ETF 1.4 69 -24 7.3 +0.7
IEUS iShares MSCI Europe Small-Cap ETF 1.4 42 3 6.7 +0.1
NUEM Nuveen ESG Emerging Markets Equity ETF 1.4 36 9 5.7 -0.9
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 1.4 69 -24 7.0 +0.4
FPAG FPA Global Equity ETF 1.4 49 -4 5.7 -1.0
CGGO Capital Group Global Growth Equity ETF 1.4 47 -2 3.8 -2.8
BKEM BNY Mellon Emerging Markets Equity ETF 1.4 11 34 7.5 +0.8
UEVM VictoryShares Emerging Markets Value Momentum ETF 1.4 45 0 9.4 +2.7
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 1.4 50 -5 7.7 +1.0
IPKW Invesco International BuyBack Achievers ETF 1.4 55 -10 8.1 +1.4
JGLO JPMorgan Global Select Equity ETF 1.4 33 12 4.2 -2.4
DVYA iShares Asia/Pacific Dividend ETF 1.4 49 -4 7.0 +0.4
AVDS Avantis International Small Cap Equity ETF 1.3 30 15 5.9 -0.7
SPEM SPDR Portfolio Emerging Markets ETF 1.3 7 38 9.1 +2.5
AQLT iShares MSCI Global Quality Factor ETF 1.3 18 27 0.0 -6.6
GLBL Pacer MSCI World Industry Advantage ETF 1.3 65 -20 3.3 -3.3
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 1.3 36 9 7.1 +0.5
DEHP Dimensional Emerging Markets High Profitability ETF 1.3 41 4 4.5 -2.2
AVXC Avantis Emerging Markets Ex-China Equity ETF 1.3 33 12 5.7 -1.0
IEMG iShares Core MSCI Emerging Markets ETF 1.2 9 36 7.8 +1.1
FDCF Fidelity Disruptive Communications ETF 1.2 50 -5 1.8 -4.8
DVYE iShares Emerging Markets Dividend ETF 1.2 49 -4 17.9 +11.2
FLAX Franklin FTSE Asia Ex Japan ETF 1.2 19 26 6.7 +0.0
MJSC MUFG Japan Small Cap Active ETF 1.2 85 -40 4.5 -2.2
TIIV AAM Todd International Intrinsic Value ETF 1.2 54 -9 9.5 +2.8
AAXJ iShares MSCI All Country Asia ex Japan ETF 1.2 70 -25 6.5 -0.2
CLNR IQ Cleaner Transport ETF 1.1 45 0 3.9 -2.7
EWP iShares MSCI Spain ETF 1.1 50 -5 5.8 -0.9
FAN First Trust Global Wind Energy ETF 1.1 60 -15 2.8 -3.8
HAP VanEck Natural Resources ETF 1.1 50 -5 6.7 +0.1
SMOG VanEck Low Carbon Energy ETF 1.1 61 -16 1.2 -5.5
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 1.1 79 -34 3.6 -3.1
VCLN Virtus Duff & Phelps Clean Energy ETF 1.1 59 -14 2.2 -4.4
DFAE Dimensional Emerging Core Equity Market ETF 1.1 35 10 6.5 -0.1
MOO VanEck Agribusiness ETF 1.1 53 -8 9.3 +2.7
CZA Invesco Zacks Mid-Cap ETF 1.1 72 -27 5.8 -0.9
PID Invesco International Dividend Achievers ETF 1.1 53 -8 4.1 -2.6
EMM Global X Emerging Markets ex-China ETF 1.1 75 -30 4.4 -2.3
ISCF iShares International SmallCap Equity Factor ETF 1.1 23 22 7.2 +0.6
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 1.1 32 13 4.5 -2.1
RXI iShares Global Consumer Discretionary ETF 1.1 41 4 8.1 +1.4
FLSA Franklin FTSE Saudi Arabia ETF 1.1 39 6 0.0 -6.6
KSA iShares MSCI Saudi Arabia ETF 1.1 74 -29 0.0 -6.6
EINC VanEck Energy Income ETF 1.1 48 -3 4.4 -2.2
AZTD Aztlan Global Stock Selection DM SMID ETF 1.1 75 -30 4.0 -2.6
JIG JPMorgan International Growth ETF 1.1 55 -10 3.4 -3.2
DEXC Dimensional Emerging Markets ex China Core EquityETF 1.1 53 -8 4.7 -2.0
WSML iShares MSCI World Small-Cap ETF 1.0 15 30 5.2 -1.4
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 1.0 55 -10 4.5 -2.1
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 1.0 59 -14 8.0 +1.3
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.0 32 13 7.0 +0.3
ADIV SmartETFs Asia Pacific Dividend Builder ETF 1.0 78 -33 9.4 +2.7
WTRE WisdomTree New Economy Real Estate Fund 1.0 58 -13 -0.3 -7.0
AVEM Avantis Emerging Markets Equity ETF 1.0 33 12 6.6 -0.0
BMED Future Health ETF 1.0 85 -40 1.3 -5.4
WDNA WisdomTree BioRevolution Fund 1.0 45 0 -2.2 -8.8
CANC Tema Oncology ETF 1.0 75 -30 -2.4 -9.0
HRTS Tema Heart & Health ETF 1.0 75 -30 2.9 -3.7
TINY ProShares Nanotechnology ETF 1.0 58 -13 1.1 -5.6
IMOM Alpha Architect International Quantitative Momentum ETF 1.0 49 -4 4.1 -2.5
GINX SGI Enhanced Global Income ETF 0.9 98 -53 6.5 -0.1
DFJ WisdomTree Japan SmallCap Dividend Fund 0.9 58 -13 6.5 -0.2
DIVS SmartETFs Dividend Builder ETF 0.9 65 -20 4.4 -2.3
FEOE First Eagle Overseas Equity ETF 0.9 79 -34 6.0 -0.6
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.9 38 7 6.6 -0.1
EMGF iShares Emerging Markets Equity Factor ETF 0.9 25 20 8.4 +1.7
POW VistaShares Electrification Supercycle ETF 0.9 75 -30 1.9 -4.8
EEMA iShares MSCI Emerging Markets Asia ETF 0.9 49 -4 7.1 +0.5
AGQI First Trust Active Global Quality Income ETF 0.9 85 -40 6.3 -0.4
FEGE First Eagle Global Equity ETF 0.8 79 -34 6.0 -0.7
GVAL Cambria Global Value ETF 0.8 68 -23 8.3 +1.7
DFEV Dimensional Emerging Markets Value ETF 0.8 43 2 8.8 +2.2
SCHC Schwab International Small-Cap Equity ETF 0.8 11 34 6.5 -0.2
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 0.8 58 -13 5.3 -1.4
CGXU Capital Group International Focus Equity ETF 0.8 54 -9 3.6 -3.1
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 0.8 60 -15 6.5 -0.2
INCO Columbia India Consumer ETF 0.8 75 -30 2.1 -4.5
INDY iShares India 50 ETF 0.8 89 -44 5.2 -1.5
NFTY First Trust India NIFTY 50 Equal Weight ETF 0.8 80 -35 4.8 -1.8
PIN Invesco India ETF 0.8 78 -33 4.8 -1.8
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.8 41 4 6.5 -0.1
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.8 33 12 6.3 -0.3
FDFF Fidelity Disruptive Finance ETF 0.8 50 -5 5.4 -1.2
THD iShares MSCI Thailand ETF 0.8 58 -13 0.0 -6.6
AVSE Avantis Responsible Emerging Markets Equity ETF 0.8 33 12 6.2 -0.4
CGV Conductor Global Equity Value ETF 0.7 130 -85 7.5 +0.8
PBD Invesco Global Clean Energy ETF 0.7 75 -30 0.2 -6.4
SRET Global X SuperDividend REIT ETF 0.7 59 -14 12.4 +5.8
EEMO Invesco S&P Emerging Markets Momentum ETF 0.7 29 16 5.8 -0.8
JADE JPMorgan Active Developing Markets Equity ETF 0.7 65 -20 5.7 -0.9
AVDV Avantis International Small Cap Value ETF 0.7 36 9 7.6 +0.9
GMF SPDR S&P Emerging Asia Pacific ETF 0.7 49 -4 8.3 +1.7
AGNG Global X Aging Population ETF 0.7 50 -5 4.4 -2.3
HTEC ROBO Global Healthcare Technology and Innovation ETF 0.7 68 -23 2.4 -4.2
MDEV First Trust Indxx Medical Devices ETF 0.7 70 -25 5.1 -1.5
SAGP Strategas Global Policy Opportunities ETF 0.7 65 -20 4.9 -1.8
INDA iShares MSCI India ETF 0.7 65 -20 4.5 -2.2
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 0.6 88 -43 7.5 +0.9
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 0.6 60 -15 3.4 -3.3
FLIN Franklin FTSE India ETF 0.6 19 26 4.1 -2.6
EWG iShares MSCI Germany ETF 0.6 50 -5 6.0 -0.6
GPT Intelligent Alpha Atlas ETF 0.6 69 -24 6.0 -0.7
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.6 8 37 6.1 -0.5
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.5 20 25 12.8 +6.1
CUT Invesco MSCI Global Timber ETF 0.5 61 -16 8.3 +1.7
EFNL iShares MSCI Finland ETF 0.5 56 -11 5.5 -1.1
EIPX FT Energy Income Partners Strategy ETF 0.5 95 -50 5.9 -0.7
EWY iShares MSCI South Korea ETF 0.5 58 -13 2.7 -4.0
EPI WisdomTree India Earnings Fund 0.5 85 -40 5.0 -1.6
BKF iShares MSCI BIC ETF 0.5 69 -24 14.6 +8.0
MXI iShares Global Materials ETF 0.5 41 4 5.7 -0.9
EMC Global X Emerging Markets Great Consumer ETF 0.5 75 -30 6.7 +0.0
VEGI iShares MSCI Agriculture Producers ETF 0.5 39 6 7.8 +1.1
DTRE First Trust Alerian Disruptive Technology Real Estate ETF 0.5 60 -15 5.4 -1.3
INDS Pacer Industrial Real Estate ETF 0.5 55 -10 6.0 -0.6
JDOC JPMorgan Healthcare Leaders ETF 0.5 65 -20 3.5 -3.1
GVLU Gotham 1000 Value ETF 0.4 50 -5 8.2 +1.6
FVD First Trust Value Line Dividend Index Fund 0.4 65 -20 5.7 -1.0
QUVU Hartford Quality Value ETF 0.4 46 -1 5.5 -1.2
DLS WisdomTree International SmallCap Dividend Fund 0.4 58 -13 7.3 +0.6
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 0.3 95 -50 9.5 +2.9
FLKR Franklin FTSE South Korea ETF 0.3 9 36 3.6 -3.0
KLMN Invesco MSCI North America Climate ETF 0.3 9 36 4.2 -2.4
FLGR Franklin FTSE Germany ETF 0.3 9 36 6.5 -0.2
EIPI FT Energy Income Partners Enhanced Income ETF 0.3 110 -65 5.5 -1.2
WRND IQ Global Equity R&D Leaders ETF 0.2 18 27 4.0 -2.7
IXN iShares Global Tech ETF 0.2 41 4 2.5 -4.1
TRFM AAM Transformers ETF 0.2 49 -4 0.9 -5.7
AKAF The Frontier Economic Fund 0.2 20 25 5.1 -1.5
EXI iShares Global Industrials ETF 0.2 42 3 3.5 -3.1
SHPP Pacer Industrials and Logistics ETF 0.2 60 -15 6.6 -0.0
ALRG Allspring LT Large Core ETF 0.2 28 17 3.5 -3.2
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.1 80 -35 8.9 +2.2
GWX SPDR S&P International Small Cap ETF 0.1 40 5 5.7 -1.0
RVRB Reverb ETF 0.1 30 15 3.8 -2.9

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

  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 1.5 x
Less: Expense ratio 45 bp
Equals: ALTAR Score 6.6 %
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.