SPDR S&P International Dividend ETF
ALTAR
Score™		 6.3% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 14.3x P/Sales
ratio		 1.1x
P/BV
ratio		 1.6x Div.
yield		 4.8%


  • 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) $473
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) $31,384
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
ORANGE SA 2.2 %
APA GROUP 2.1 %
EDP-ENERGIAS DE PORTUGAL SA 2.0 %
BOUYGUES SA 1.9 %
ITALGAS SPA 1.9 %
SNAM RETE GAS 1.8 %
M&G PLC 1.7 %
RED ELECTRICA CORP. SA 1.6 %
EIFFAGE 1.6 %
BP PLC 1.6 %
Total 18.4 %

TOP COUNTRY EXPOSURE
JAPAN 21.4 %
CANADA 13.4 %
BRITAIN 10.9 %
SWITZERLAND 7.6 %
AUSTRALIA 7.3 %
FRANCE 7.2 %
TAIWAN 5.2 %
ITALY 4.8 %
SPAIN 3.5 %
GERMANY 3.4 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
20.6% 24.0% 8.8% 4.4% 1.8%

Market Correlations
versus... Beta R-squared
S&P500 0.57 36%
MSCI EAFE 0.73 64%
MSCI Emg. Mkts. 0.66 54%

Technical Indicators
Recent close $41.63
30d moving avg. $42.02
Annualized volatility 15.1%
Short interest (ETF) 0.1%
Relative strength (RSI) 54

Liquidity measures
Avg. volume (thou.) 22
Turnover 0.2%
Bid/Ask (% of price) 0.16%
ADV underlying (mns) $3,771

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 440 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™: 6.3%


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
(%)
FID First Trust S&P International Dividend Aristocrats ETF 27.2 60 -15 8.1 +1.8
IDLV Invesco S&P International Developed Low Volatility ETF 25.0 25 20 6.5 +0.2
EFAV iShares MSCI EAFE Min Vol Factor ETF 23.5 22 23 5.8 -0.5
WDIV SPDR S&P Global Dividend ETF 22.9 40 5 9.6 +3.3
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 22.7 80 -35 5.6 -0.7
VWID Virtus WMC International Dividend ETF 17.2 49 -4 8.9 +2.6
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 16.7 32 13 6.0 -0.3
DWMF WisdomTree International Multifactor Fund 16.7 38 7 7.0 +0.8
EFV iShares MSCI EAFE Value ETF 16.2 34 11 9.5 +3.2
QEFA SPDR MSCI EAFE StrategicFactors ETF 15.9 30 15 7.1 +0.8
LVHI Franklin International Low Volatility High Dividend Index ET 15.8 40 5 10.9 +4.6
DIVI Franklin International Core Dividend Tilt Index ETF 14.9 9 36 8.2 +1.9
VYMI Vanguard International High Dividend Yield ETF 14.9 17 28 9.9 +3.6
DOL WisdomTree International LargeCap Dividend Fund 14.9 48 -3 7.5 +1.2
RFDI First Trust Riverfront Dynamic Developed International ETF 14.6 83 -38 9.8 +3.5
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 14.1 9 36 9.3 +3.0
EFAS Global X MSCI SuperDividend EAFE ETF 14.0 57 -12 8.5 +2.3
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 13.4 40 5 7.6 +1.4
DWM WisdomTree International Equity Fund 13.3 48 -3 7.6 +1.3
FDEV Fidelity International Multifactor ETF 13.1 18 27 7.5 +1.2
JIRE JPMorgan International Research Enhanced Equity ETF 12.9 24 21 7.2 +0.9
IDV iShares International Select Dividend ETF 12.8 51 -6 11.1 +4.8
DTH WisdomTree International High Dividend Fund 12.8 58 -13 8.9 +2.6
RODM Hartford Multifactor Developed Markets (ex-US) ETF 12.5 29 16 8.0 +1.7
IEV iShares Europe ETF 12.2 67 -22 6.9 +0.7
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 12.0 45 0 9.0 +2.7
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 11.9 25 20 7.4 +1.1
OEUR ALPS O'Shares Europe Quality Dividend ETF 11.9 48 -3 6.0 -0.3
STXI Strive International Developed Markets ETF 11.8 29 16 7.0 +0.7
DBEU Xtrackers MSCI Europe Hedged Equity ETF 11.8 46 -1 7.0 +0.7
VGK Vanguard FTSE Europe ETF 11.8 6 39 7.5 +1.2
FLEE Franklin FTSE Europe ETF 11.7 9 36 7.4 +1.1
EFAD ProShares MSCI EAFE Dividend Growers ETF 11.7 50 -5 5.9 -0.4
IEUR iShares Core MSCI Europe ETF 11.7 11 34 7.4 +1.1
BBEU JPMorgan BetaBuilders Europe ETF 11.7 9 36 7.2 +1.0
HFXI IQ FTSE International Equity Currency Neutral ETF 11.6 20 25 7.2 +0.9
JPIN J.P. Morgan Diversified Return International Equity ETF 11.6 37 8 8.6 +2.3
JHMD John Hancock Multifactor Developed International ETF 11.6 39 6 7.7 +1.5
RWX SPDR Dow Jones International Real Estate ETF 11.6 59 -14 7.2 +0.9
GSID Goldman Sachs MarketBeta International Equity ETF 11.5 20 25 7.1 +0.8
EFA iShares MSCI EAFE ETF 11.5 35 10 7.0 +0.7
ESGD iShares ESG Aware MSCI EAFE ETF 11.5 20 25 7.0 +0.7
BKIE BNY Mellon International Equity ETF 11.4 4 41 7.2 +0.9
IGRO iShares International Dividend Growth ETF 11.4 15 30 7.3 +1.0
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 11.4 36 9 6.9 +0.6
IQLT iShares MSCI Intl Quality Factor ETF 11.1 30 15 6.3 +0.0
SPEU SPDR Portfolio Europe ETF 11.1 7 38 7.4 +1.1
FIVA Fidelity International Value Factor ETF 11.0 18 27 10.3 +4.0
IMTM iShares MSCI Intl Momentum Factor ETF 11.0 30 15 5.4 -0.9
GCOW Pacer Global Cash Cows Dividend ETF 10.7 60 -15 11.1 +4.8
IMFL Invesco International Developed Dynamic Multifactor ETF 10.7 34 11 6.0 -0.3
NUDM Nuveen ESG International Developed Markets Equity ETF 10.6 31 14 6.4 +0.1
FNDF Schwab Fundamental International Large Co. Index ETF 10.6 25 20 9.7 +3.4
AIVI WisdomTree International AI Enhanced Value Fund 10.5 58 -13 7.5 +1.2
IDEV iShares Core MSCI International Developed Markets ETF 10.5 4 41 7.2 +0.9
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 10.5 46 -1 5.7 -0.6
IEFA iShares Core MSCI EAFE ETF 10.4 7 38 7.2 +1.0
CIL VictoryShares International Volatility Wtd ETF 10.3 45 0 6.7 +0.4
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 10.2 20 25 6.6 +0.3
GSIE Goldman Sachs ActiveBeta International Equity ETF 10.1 25 20 7.2 +0.9
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 10.0 47 -2 5.9 -0.4
VEA Vanguard FTSE Developed Markets ETF 9.9 3 42 7.4 +1.1
IQRA IQ CBRE Real Assets ETF 9.9 65 -20 5.8 -0.5
RFEU First Trust Riverfront Dynamic Europe ETF 9.9 83 -38 10.6 +4.3
SPDW SPDR Portfolio Developed World ex-US ETF 9.8 3 42 7.2 +1.0
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 9.8 39 6 6.8 +0.5
FIDI Fidelity International High Dividend ETF 9.8 18 27 9.0 +2.7
JXI iShares Global Utilities ETF 9.7 43 2 6.0 -0.3
IVLU iShares MSCI Intl Value Factor ETF 9.5 30 15 10.8 +4.5
IFGL iShares International Developed Real Estate ETF 9.3 48 -3 7.2 +0.9
DFAI Dimensional International Core Equity Market ETF 9.3 18 27 7.3 +1.0
SCHF Schwab International Equity ETF 9.3 6 39 7.4 +1.1
IQSI IQ Candriam International Equity ETF 9.1 15 30 6.8 +0.5
INTF iShares International Equity Factor ETF 9.0 15 30 7.9 +1.7
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 8.9 12 33 6.2 -0.1
DIM WisdomTree International MidCap Dividend Fund 8.8 58 -13 7.6 +1.4
CWI SPDR MSCI ACWI ex-US ETF 8.8 30 15 7.8 +1.5
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 8.6 20 25 6.7 +0.4
ACWX iShares MSCI ACWI ex U.S. ETF 8.6 34 11 7.9 +1.6
FENI Fidelity Enhanced International ETF 8.6 28 17 6.7 +0.5
GXUS Goldman Sachs MarketBeta Total International Equity ETF 8.5 18 27 7.9 +1.6
CEFA Global X S&P Catholic Values Developed ex-US ETF 8.5 35 10 6.8 +0.5
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 8.4 41 4 7.7 +1.4
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 8.4 14 31 6.4 +0.1
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 8.4 24 21 7.6 +1.3
UIVM VictoryShares International Value Momentum ETF 8.4 35 10 9.0 +2.7
VEU Vanguard FTSE All-World ex-US Index Fund 8.1 4 41 8.2 +1.9
IXUS iShares Core MSCI Total International Stock ETF 7.6 7 38 8.0 +1.7
VXUS Vanguard Total International Stock ETF 7.5 5 40 8.0 +1.8
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 7.3 39 6 8.2 +1.9
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 7.3 10 35 8.3 +2.0
ACWV iShares MSCI Global Min Vol Factor ETF 7.3 20 25 6.0 -0.3
PPIE Putnam PanAgora ESG International Equity ETF 7.3 49 -4 7.5 +1.2
RODE Hartford Multifactor Diversified International ETF 7.1 29 16 12.7 +6.4
FDD First Trust Stoxx European Select Dividend Index Fund 7.1 58 -13 11.8 +5.5
DFIV Dimensional International Value ETF 7.1 27 18 10.2 +3.9
IDOG ALPS International Sector Dividend Dogs ETF 7.1 50 -5 12.4 +6.1
EWJV iShares MSCI Japan Value ETF 7.1 15 30 9.7 +3.4
IDHQ Invesco S&P International Developed High Quality ETF 7.0 29 16 6.7 +0.4
FSZ First Trust Switzerland AlphaDEX Fund 7.0 80 -35 5.1 -1.2
EDIV SPDR S&P Emerging Markets Dividend ETF 7.0 49 -4 11.8 +5.5
VSGX Vanguard ESG International Stock ETF 7.0 10 35 7.9 +1.6
EWU iShares MSCI United Kingdom ETF 6.9 50 -5 8.6 +2.3
FGD First Trust Dow Jones Global Select Dividend Index Fund 6.8 56 -11 11.0 +4.7
BLLD JPMorgan Sustainable Infrastructure ETF 6.7 49 -4 6.1 -0.2
EUDV ProShares MSCI Europe Dividend Growers ETF 6.7 55 -10 6.0 -0.3
DIHP Dimensional International High Profitability ETF 6.7 29 16 7.3 +1.0
FLGB Franklin FTSE United Kingdom ETF 6.7 9 36 7.9 +1.6
EZU iShares MSCI Eurozone ETF 6.6 52 -7 6.7 +0.4
TPIF Timothy Plan International ETF 6.6 62 -17 6.3 -0.0
RCGE RockCreek Global Equality ETF 6.6 95 -50 6.4 +0.1
NXTG First Trust Indxx NextG ETF 6.6 70 -25 5.3 -1.0
IDMO Invesco S&P International Developed Momentum ETF 6.5 25 20 5.4 -0.9
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 6.5 45 0 7.2 +0.9
QINT American Century Quality Diversified International ETF 6.5 39 6 7.5 +1.2
AVIV Avantis International Large Cap Value ETF 6.5 25 20 9.0 +2.7
DTAN Sparkline International Intangible Value ETF 6.5 55 -10 8.3 +2.0
FEP First Trust Europe AlphaDEX Fund 6.5 80 -35 9.3 +3.0
EUDG WisdomTree Europe Quality Dividend Growth Fund 6.4 58 -13 6.9 +0.6
FEUZ First Trust Eurozone AlphaDEX ETF 6.4 80 -35 9.2 +2.9
SCHY Schwab International Dividend Equity ETF 6.4 14 31 9.7 +3.4
VNQI Vanguard Global ex-U.S. Real Estate ETF 6.4 12 33 8.0 +1.8
QWLD SPDR MSCI World StrategicFactors ETF 6.3 30 15 6.1 -0.2
AVDE Avantis International Equity ETF 6.2 23 22 7.6 +1.4
INEQ Columbia International Equity Income ETF 6.2 45 0 8.4 +2.1
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 6.2 25 20 6.0 -0.3
FICS First Trust International Developed Capital Strength ETF 6.1 70 -25 6.3 +0.0
EWC iShares MSCI Canada ETF 6.1 50 -5 6.3 +0.0
DFIC Dimensional International Core Equity 2 ETF 6.0 23 22 7.6 +1.4
JPXN iShares JPX-Nikkei 400 ETF 5.9 48 -3 7.3 +1.0
CGDG Capital Group Dividend Growers ETF 5.9 47 -2 6.2 -0.1
ICOW Pacer Developed Markets International Cash Cows 100 ETF 5.9 65 -20 11.8 +5.5
DEW WisdomTree Global High Dividend Fund 5.9 58 -13 8.7 +2.4
EWL iShares MSCI Switzerland ETF 5.8 50 -5 6.2 -0.1
FLJP Franklin FTSE Japan ETF 5.8 9 36 6.9 +0.6
BBJP JPMorgan BetaBuilders Japan ETF 5.8 19 26 7.4 +1.1
FLJH Franklin FTSE Japan Hedged ETF 5.7 9 36 6.7 +0.4
DFSI Dimensional International Sustainability Core 1 ETF 5.7 24 21 6.5 +0.2
PATN Pacer Nasdaq International Patent Leaders ETF 5.7 65 -20 6.3 -0.0
FLSW Franklin FTSE Switzerland ETF 5.7 9 36 6.4 +0.1
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 5.6 58 -13 4.6 -1.7
EWJ iShares MSCI Japan ETF 5.6 50 -5 6.9 +0.6
DBJP Xtrackers MSCI Japan Hedged Equity ETF 5.6 47 -2 6.9 +0.6
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 5.5 25 20 7.6 +1.3
FKU First Trust United Kingdom AlphaDEX Fund 5.5 80 -35 7.4 +1.1
KNO AXS Knowledge Leaders ETF 5.5 78 -33 6.0 -0.3
BBCA JPMorgan BetaBuilders Canada ETF 5.4 19 26 6.5 +0.3
AVSD Avantis Responsible International Equity ETF 5.4 23 22 5.7 -0.6
DMXF iShares ESG Advanced MSCI EAFE ETF 5.3 12 33 5.6 -0.7
IVAL Alpha Architect International Quantitative Value ETF 5.3 49 -4 10.8 +4.5
VIGI Vanguard International Dividend Appreciation ETF 5.1 10 35 6.3 -0.0
KXI iShares Global Consumer Staples ETF 5.1 41 4 5.6 -0.7
ESGG FlexShares STOXX Global ESG Select Index Fund 5.1 42 3 5.5 -0.8
DXIV Dimensional International Vector Equity ETF 5.1 34 11 8.0 +1.7
IPAC iShares Core MSCI Pacific ETF 5.0 9 36 6.9 +0.6
OCEN IQ Clean Oceans ETF 5.0 45 0 6.3 -0.0
TTAI FCF International Quality ETF 5.0 59 -14 7.0 +0.7
JHID John Hancock International High Dividend ETF 4.9 46 -1 9.9 +3.6
DGT SPDR Global Dow ETF 4.9 50 -5 7.3 +1.0
RWO SPDR Dow Jones Global Real Estate ETF 4.9 50 -5 7.2 +0.9
IGF iShares Global Infrastructure ETF 4.9 41 4 4.8 -1.5
GII SPDR S&P Global Infrastructure ETF 4.9 40 5 4.8 -1.5
VCLN Virtus Duff & Phelps Clean Energy ETF 4.8 59 -14 5.4 -0.9
IXP iShares Global Comm Services ETF 4.8 42 3 5.7 -0.6
BINV Brandes International ETF 4.8 70 -25 9.7 +3.4
WWJD Inspire International ETF 4.8 80 -35 7.3 +1.0
KLMT Invesco MSCI Global Climate 500 ETF 4.8 10 35 5.9 -0.4
IXC iShares Global Energy ETF 4.7 44 1 10.5 +4.2
FYLD Cambria Foreign Shareholder Yield ETF 4.7 59 -14 11.9 +5.6
DXJ WisdomTree Japan Hedged Equity Fund 4.6 48 -3 8.1 +1.8
FEZ SPDR EURO STOXX 50 ETF 4.6 29 16 7.2 +0.9
IOO iShares Global 100 ETF 4.5 41 4 4.9 -1.4
UMMA Wahed Dow Jones Islamic World ETF 4.4 65 -20 5.1 -1.2
EFG iShares MSCI EAFE Growth ETF 4.4 36 9 4.4 -1.9
UMI USCF Midstream Energy Income Fund ETF 4.3 85 -40 5.6 -0.7
ENFR Alerian Energy Infrastructure ETF 4.3 35 10 6.0 -0.3
USAI Pacer American Energy Independence ETF 4.3 75 -30 4.7 -1.6
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 4.3 25 20 6.4 +0.2
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 4.3 65 -20 3.6 -2.7
TPYP Tortoise North American Pipeline Fund 4.3 40 5 5.9 -0.4
VPL Vanguard FTSE Pacific ETF 4.3 7 38 7.2 +0.9
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 4.3 75 -30 7.9 +1.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 4.2 30 15 8.1 +1.8
FEOE First Eagle Overseas Equity ETF 4.2 79 -34 8.3 +2.0
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 4.2 46 -1 10.4 +4.2
IQDF FlexShares International Quality Dividend Index Fund 4.2 47 -2 9.3 +3.0
IVRA Invesco Real Assets ESG ETF 4.2 59 -14 6.3 0.0
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 4.1 19 26 6.0 -0.3
EWT iShares MSCI Taiwan ETF 4.1 58 -13 6.3 +0.0
SCJ iShares MSCI Japan Small-Cap ETF 4.1 50 -5 6.8 +0.6
EPP iShares MSCI Pacific ex-Japan ETF 4.1 47 -2 5.4 -0.9
VGSR Vert Global Sustainable Real Estate ETF 4.0 47 -2 7.4 +1.1
ERET iShares Environmentally Aware Real Estate ETF 3.9 30 15 7.6 +1.3
EWQ iShares MSCI France ETF 3.8 53 -8 7.2 +0.9
FLCA Franklin FTSE Canada ETF 3.8 9 36 6.7 +0.5
DIVS SmartETFs Dividend Builder ETF 3.6 65 -20 4.9 -1.4
FLTW Franklin FTSE Taiwan ETF 3.6 19 26 6.5 +0.2
EWA iShares MSCI Australia ETF 3.5 50 -5 5.9 -0.4
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 3.5 80 -35 9.6 +3.3
GQRE FlexShares Global Quality Real Estate Index Fund 3.5 45 0 7.9 +1.6
GLBL Pacer MSCI World Industry Advantage ETF 3.4 65 -20 4.2 -2.1
VIDI Vident International Equity Strategy ETF 3.4 61 -16 11.3 +5.0
LEGR First Trust Indxx Innovative Transaction & Process ETF 3.4 65 -20 7.4 +1.1
EELV Invesco S&P Emerging Markets Low Volatility ETF 3.4 29 16 8.8 +2.5
QTUM Defiance Quantum ETF 3.3 40 5 5.3 -1.0
HEDJ WisdomTree Europe Hedged Equity Fund 3.3 58 -13 6.8 +0.5
FEGE First Eagle Global Equity ETF 3.3 79 -34 7.1 +0.8
URTH iShares MSCI World ETF 3.3 24 21 5.2 -1.1
DSTX Distillate International Fundamental Stability & Value ETF 3.3 55 -10 8.3 +2.0
WRND IQ Global Equity R&D Leaders ETF 3.3 18 27 8.4 +2.1
FLAU Franklin FTSE Australia ETF 3.2 9 36 6.2 -0.1
FDT First Trust Developed Markets ex-US AlphaDEX Fund 3.2 80 -35 10.0 +3.7
ICLN iShares Global Clean Energy ETF 3.2 41 4 5.8 -0.5
CLNR IQ Cleaner Transport ETF 3.2 45 0 6.6 +0.3
KOKU Xtrackers MSCI Kokusai Equity ETF 3.2 9 36 5.3 -1.0
TOK iShares MSCI Kokusai ETF 3.1 26 19 5.1 -1.2
IPKW Invesco International BuyBack Achievers ETF 3.1 55 -10 13.5 +7.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 3.1 9 36 5.9 -0.4
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.1 12 33 5.2 -1.1
ACWI iShares MSCI ACWI ETF 3.1 32 13 5.7 -0.6
EUFN iShares MSCI Europe Financials ETF 3.0 51 -6 8.4 +2.1
SDG iShares MSCI Global Sustainable Development Goals ETF 3.0 49 -4 6.2 -0.1
EMMF WisdomTree Emerging Markets Multifactor Fund 3.0 48 -3 7.8 +1.5
COPY Tweedy, Browne Insider + Value ETF 3.0 80 -35 11.9 +5.6
KOCG FIS Knights of Columbus Global Belief ETF 2.9 75 -30 5.1 -1.2
EWI iShares MSCI Italy ETF 2.9 50 -5 10.3 +4.1
FLGR Franklin FTSE Germany ETF 2.9 9 36 6.7 +0.4
DAX Global X DAX Germany ETF 2.9 21 24 6.4 +0.1
EWG iShares MSCI Germany ETF 2.9 50 -5 6.0 -0.3
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 2.9 58 -13 7.0 +0.7
IQDG WisdomTree International Quality Dividend Growth Fund 2.9 42 3 7.1 +0.9
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 2.8 40 5 7.0 +0.7
GLOF iShares Global Equity Factor ETF 2.8 20 25 6.7 +0.4
EWP iShares MSCI Spain ETF 2.8 50 -5 7.4 +1.1
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 2.8 58 -13 8.9 +2.6
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.8 47 -2 8.5 +2.2
VT Vanguard Total World Stock ETF 2.8 6 39 6.0 -0.3
REET iShares Global REIT ETF 2.8 14 31 7.7 +1.4
XCEM Columbia EM Core ex-China ETF 2.8 16 29 8.1 +1.8
FILL iShares MSCI Global Energy Producers ETF 2.7 39 6 12.0 +5.7
GNR SPDR S&P Global Natural Resources ETF 2.7 40 5 11.6 +5.3
WBAT WisdomTree Battery Value Chain and Innovation Fund 2.7 45 0 4.5 -1.8
CGIE Capital Group International Equity ETF 2.7 54 -9 5.0 -1.3
AVRE Avantis Real Estate ETF 2.6 17 28 7.2 +0.9
CZAR Themes Natural Monopoly ETF 2.6 35 10 5.5 -0.8
DFGR Dimensional Global Real Estate ETF 2.6 22 23 7.5 +1.2
FTRI First Trust Indxx Global Natural Resources Income ETF 2.6 70 -25 8.3 +2.0
AQWA Global X Clean Water ETF 2.6 50 -5 4.9 -1.4
CGW Invesco S&P Global Water Index ETF 2.6 57 -12 4.7 -1.6
PIO Invesco Global Water ETF 2.6 75 -30 4.8 -1.5
EFRA iShares Environmental Infrastructure and Industrials ETF 2.6 47 -2 5.3 -1.0
DFIS Dimensional International Small Cap ETF 2.6 39 6 7.4 +1.1
EMLP First Trust North American Energy Infrastructure Fund 2.6 95 -50 6.0 -0.3
SCZ iShares MSCI EAFE Small-Cap ETF 2.5 40 5 7.0 +0.7
BLES Inspire Global Hope ETF 2.5 61 -16 6.8 +0.5
FGM First Trust Germany AlphaDEX Fund 2.5 80 -35 6.2 -0.1
EBLU Ecofin Global Water ESG Fund 2.5 40 5 4.3 -2.0
KNCT Invesco Next Gen Connectivity ETF 2.4 40 5 5.0 -1.3
IXJ iShares Global Healthcare ETF 2.4 42 3 7.4 +1.1
JGLO JPMorgan Global Select Equity ETF 2.4 33 12 4.9 -1.4
IXG iShares Global Financials ETF 2.4 42 3 6.8 +0.5
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 2.4 24 21 8.1 +1.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 2.3 20 25 5.8 -0.5
RITA ETFB Green SRI REITs ETF 2.3 50 -5 6.5 +0.3
NDIV Amplify Natural Resources Dividend Income ETF 2.3 59 -14 13.8 +7.5
FJP First Trust Japan AlphaDEX Fund 2.3 80 -35 9.4 +3.1
FNDC Schwab Fundamental International Small Co. Index ETF 2.2 39 6 5.9 -0.4
FAN First Trust Global Wind Energy ETF 2.2 60 -15 4.5 -1.8
ECLN First Trust EIP Carbon Impact ETF 2.2 96 -51 4.1 -2.2
PID Invesco International Dividend Achievers ETF 2.1 53 -8 5.6 -0.7
WDNA WisdomTree BioRevolution Fund 2.1 45 0 -1.3 -7.6
EWS iShares MSCI Singapore ETF 2.1 50 -5 5.1 -1.2
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 2.1 30 15 9.9 +3.6
IEUS iShares MSCI Europe Small-Cap ETF 2.1 42 3 7.2 +0.9
EINC VanEck Energy Income ETF 2.0 48 -3 5.5 -0.8
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 2.0 44 1 11.0 +4.7
FRNW Fidelity Clean Energy ETF 2.0 39 6 3.9 -2.4
ISCF iShares International SmallCap Equity Factor ETF 2.0 23 22 8.3 +2.0
SCHC Schwab International Small-Cap Equity ETF 1.9 11 34 6.8 +0.5
IDNA iShares Genomics Immunology and Healthcare ETF 1.9 47 -2 -2.2 -8.5
EWH iShares MSCI Hong Kong ETF 1.9 50 -5 5.5 -0.8
GVAL Cambria Global Value ETF 1.9 68 -23 11.1 +4.8
DTRE First Trust Alerian Disruptive Technology Real Estate ETF 1.8 60 -15 6.0 -0.3
EWY iShares MSCI South Korea ETF 1.8 58 -13 8.8 +2.5
JSTC Adasina Social Justice All Cap Global ETF 1.8 89 -44 4.8 -1.5
IWTR iShares MSCI Water Management Multisector ETF 1.8 47 -2 5.7 -0.6
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 1.8 80 -35 4.8 -1.5
CRTC Xtrackers US National Critical Technologies ETF 1.8 35 10 4.8 -1.5
SDIV Global X Superdividend ETF 1.8 58 -13 39.8 +33.5
DVYA iShares Asia/Pacific Dividend ETF 1.7 49 -4 8.2 +1.9
FDEM Fidelity Emerging Markets Multifactor ETF 1.7 25 20 12.7 +6.5
WLDR Affinity World Leaders Equity ETF 1.7 67 -22 7.7 +1.5
HART IQ Healthy Hearts ETF 1.7 45 0 6.8 +0.5
MOTG VanEck Morningstar Global Wide Moat ETF 1.6 52 -7 6.7 +0.4
MOTI VanEck Morningstar International Moat ETF 1.6 58 -13 11.1 +4.8
DEHP Dimensional Emerging Markets High Profitability ETF 1.6 41 4 6.8 +0.5
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 1.6 50 -5 11.3 +5.0
IPAV Global X Infrastructure Development ex-U.S. ETF 1.6 55 -10 7.6 +1.3
CCNR ALPS CoreCommodity Natural Resources ETF 1.6 39 6 11.6 +5.3
CGXU Capital Group International Focus Equity ETF 1.6 54 -9 5.7 -0.6
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.6 49 -4 7.0 +0.7
LDEM iShares ESG MSCI EM Leaders ETF 1.6 17 28 13.0 +6.7
EIPI FT Energy Income Partners Enhanced Income ETF 1.5 110 -65 6.7 +0.4
UEVM VictoryShares Emerging Markets Value Momentum ETF 1.5 45 0 10.7 +4.4
DISV Dimensional International Small Cap Value ETF 1.5 42 3 9.5 +3.2
IBAT iShares Energy Storage & Materials ETF 1.5 47 -2 5.2 -1.1
FLKR Franklin FTSE South Korea ETF 1.5 9 36 9.4 +3.1
CGGO Capital Group Global Growth Equity ETF 1.4 47 -2 4.7 -1.6
ROAM Hartford Multifactor Emerging Markets ETF 1.4 44 1 11.9 +5.7
ADIV SmartETFs Asia Pacific Dividend Builder ETF 1.4 78 -33 9.2 +2.9
BKCI BNY Mellon Concentrated International ETF 1.4 80 -35 5.0 -1.3
SRET Global X SuperDividend REIT ETF 1.4 59 -14 12.3 +6.0
AAXJ iShares MSCI All Country Asia ex Japan ETF 1.4 70 -25 9.1 +2.8
EYLD Cambria Emerging Shareholder Yield ETF 1.3 66 -21 12.3 +6.0
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 1.3 8 37 6.8 +0.5
EWN iShares MSCI Netherlands ETF 1.3 50 -5 5.5 -0.8
EIPX FT Energy Income Partners Strategy ETF 1.2 95 -50 8.3 +2.0
EMXC iShares MSCI Emerging Markets ex China ETF 1.2 25 20 7.7 +1.4
FDCF Fidelity Disruptive Communications ETF 1.2 50 -5 2.9 -3.4
ABEQ Absolute Select Value ETF 1.2 85 -40 4.8 -1.5
YLDE ClearBridge Dividend Strategy ESG ETF 1.2 60 -15 5.8 -0.5
DIVZ TrueShares Low Volatility Equity Income ETF 1.2 65 -20 6.5 +0.2
DIVY Sound Equity Dividend Income ETF 1.2 45 0 11.2 +4.9
FTWO Strive FAANG 2.0 ETF 1.2 49 -4 4.5 -1.8
USNG Amplify Samsung U.S. Natural Gas Infrastructure ETF 1.2 59 -14 4.6 -1.7
RAYD Rayliant Quantitative Developed Market Equity ETF 1.2 80 -35 4.4 -1.9
EMXF iShares ESG Advanced MSCI EM ETF 1.2 16 29 8.4 +2.1
RNEM First Trust Emerging Markets Equity Select ETF 1.2 75 -30 7.1 +0.8
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 1.2 60 -15 3.5 -2.8
GSFP Goldman Sachs Future Planet Equity ETF 1.2 75 -30 4.7 -1.6
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 1.2 79 -34 5.0 -1.3
TEMP JPMorgan Climate Change Solutions ETF 1.2 49 -4 5.7 -0.6
AGQI First Trust Active Global Quality Income ETF 1.2 85 -40 5.3 -1.0
HAP VanEck Natural Resources ETF 1.2 50 -5 9.7 +3.5
SMOG VanEck Low Carbon Energy ETF 1.2 61 -16 1.5 -4.8
VOLT Tema Electrification ETF 1.2 75 -30 2.7 -3.6
FPXE First Trust IPOX Europe Equity Opportunities ETF 1.1 70 -25 4.6 -1.7
FLHK Franklin FTSE Hong Kong ETF 1.1 9 36 7.1 +0.8
DEM WisdomTree Emerging Markets High Dividend Fund 1.1 63 -18 13.2 +6.9
JHEM John Hancock Multifactor Emerging Markets ETF 1.1 49 -4 10.4 +4.1
DEXC Dimensional Emerging Markets ex China Core EquityETF 1.1 53 -8 7.7 +1.4
EMGF iShares Emerging Markets Equity Factor ETF 1.1 25 20 11.7 +5.5
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 1.1 55 -10 6.5 +0.2
MDLV Morgan Dempsey Large Cap Value ETF 1.1 58 -13 7.5 +1.2
EEMA iShares MSCI Emerging Markets Asia ETF 1.1 49 -4 10.0 +3.7
FEM First Trust Emerging Markets AlphaDEX Fund 1.0 80 -35 12.1 +5.8
XCNY SPDR S&P Emerging Markets ex-China ETF 1.0 15 30 7.6 +1.3
FLAX Franklin FTSE Asia Ex Japan ETF 1.0 19 26 9.3 +3.0
PAWZ ProShares Pet Care ETF 1.0 50 -5 3.8 -2.5
OSEA Harbor International Compounders ETF 1.0 55 -10 4.7 -1.6
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.0 61 -16 1.3 -5.0
ECON Columbia Emerging Markets Consumer ETF 1.0 49 -4 12.3 +6.0
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 1.0 39 6 16.1 +9.8
AVES Avantis Emerging Markets Value ETF 1.0 36 9 11.5 +5.2
CANC Tema Oncology ETF 1.0 75 -30 -2.6 -8.9
HRTS Tema GLP-1 Obesity & Cardiometabolic ETF 1.0 75 -30 1.2 -5.1
ABLG Abacus FCF International Leaders ETF 1.0 59 -14 6.4 +0.2
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 1.0 45 0 10.4 +4.1
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.9 30 15 10.2 +3.9
GINN Goldman Sachs Innovate Equity ETF 0.9 52 -7 3.6 -2.7
FFND Future Fund Active ETF 0.9 100 -55 4.4 -1.9
STXE Strive Emerging Markets Ex-China ETF 0.9 32 13 7.8 +1.5
ESGE iShares ESG Aware MSCI EM ETF 0.9 25 20 10.0 +3.7
FRDM Freedom 100 Emerging Markets ETF 0.9 49 -4 8.7 +2.5
XC WisdomTree Emerging Markets Ex-China Fund 0.9 32 13 6.1 -0.2
GMF SPDR S&P Emerging Asia Pacific ETF 0.9 49 -4 9.4 +3.1
EEM iShares MSCI Emerging Markets ETF 0.9 69 -24 10.2 +3.9
NBCC Neuberger Berman Next Generation Connected Consumer ETF 0.9 56 -11 2.5 -3.8
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.9 15 30 8.0 +1.7
NUEM Nuveen ESG Emerging Markets Equity ETF 0.8 36 9 7.7 +1.5
PBD Invesco Global Clean Energy ETF 0.8 75 -30 0.5 -5.8
IVEG iShares Emergent Food and AgTech Multisector ETF 0.8 47 -2 9.1 +2.8
DFAE Dimensional Emerging Core Equity Market ETF 0.8 35 10 9.3 +3.0
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 0.8 32 13 6.8 +0.5
ERTH Invesco MSCI Sustainable Future ETF 0.8 62 -17 3.5 -2.8
AVXC Avantis Emerging Markets Ex-China Equity ETF 0.8 33 12 8.6 +2.3
FPXI First Trust International Equity Opportunities ETF 0.8 70 -25 3.4 -2.9
NORW Global X MSCI Norway ETF 0.8 50 -5 10.4 +4.1
ENOR iShares MSCI Norway ETF 0.8 53 -8 10.4 +4.1
ISHP First Trust Nasdaq Retail ETF 0.8 60 -15 5.2 -1.1
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.8 66 -21 9.7 +3.4
IEMG iShares Core MSCI Emerging Markets ETF 0.8 9 36 10.4 +4.1
PXH Invesco FTSE RAFI Emerging Markets ETF 0.8 49 -4 15.8 +9.6
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 0.7 60 -15 7.1 +0.8
FPAG FPA Global Equity ETF 0.7 49 -4 5.8 -0.5
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.7 85 -40 4.1 -2.2
BCDF Horizon Kinetics Blockchain Development ETF 0.7 85 -40 3.9 -2.4
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.7 41 4 8.8 +2.5
ASEA Global X FTSE Southeast Asia ETF 0.7 65 -20 7.0 +0.7
THD iShares MSCI Thailand ETF 0.7 58 -13 0.0 -6.3
STCE Schwab Crypto Thematic ETF 0.7 30 15 0.9 -5.4
EWUS iShares MSCI United Kingdom Small Cap ETF 0.7 59 -14 7.5 +1.2
KLMN Invesco MSCI North America Climate ETF 0.7 9 36 5.1 -1.2
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.7 15 30 10.3 +4.0
SCHE Schwab Emerging Markets Equity ETF 0.7 11 34 11.0 +4.7
BKEM BNY Mellon Emerging Markets Equity ETF 0.7 11 34 10.0 +3.7
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.7 36 9 9.7 +3.5
RGEF Rockefeller Global Equity ETF 0.7 55 -10 4.9 -1.4
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.6 32 13 9.2 +2.9
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.6 38 7 9.3 +3.0
RXI iShares Global Consumer Discretionary ETF 0.6 41 4 9.2 +2.9
ENZL iShares MSCI New Zealand ETF 0.6 50 -5 3.6 -2.7
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.6 42 3 6.8 +0.5
AVSE Avantis Responsible Emerging Markets Equity ETF 0.6 33 12 8.5 +2.2
XT iShares Exponential Technologies ETF 0.6 46 -1 4.8 -1.5
OAIM OneAscent International Equity ETF 0.6 95 -50 5.7 -0.6
EWD iShares MSCI Sweden ETF 0.6 54 -9 5.6 -0.7
SPEM SPDR Portfolio Emerging Markets ETF 0.6 7 38 10.5 +4.2
AVDS Avantis International Small Cap Equity ETF 0.6 30 15 7.5 +1.3
AVEM Avantis Emerging Markets Equity ETF 0.5 33 12 9.1 +2.8
JIG JPMorgan International Growth ETF 0.5 55 -10 4.7 -1.6
AZTD Aztlan Global Stock Selection DM SMID ETF 0.5 75 -30 7.7 +1.4
VWO Vanguard FTSE Emerging Markets ETF 0.5 7 38 10.4 +4.2
AIA iShares Asia 50 ETF 0.5 50 -5 13.0 +6.8
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.5 59 -14 11.6 +5.3
EVLU iShares MSCI Emerging Markets Value Factor ETF 0.5 35 10 19.3 +13.0
EMDM First Trust Bloomberg Emerging Market Democracies ETF 0.5 75 -30 9.9 +3.6
DFEV Dimensional Emerging Markets Value ETF 0.5 43 2 13.2 +6.9
FVD First Trust Value Line Dividend Index Fund 0.4 65 -20 6.4 +0.1
DFJ WisdomTree Japan SmallCap Dividend Fund 0.4 58 -13 8.1 +1.8
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 0.4 58 -13 8.3 +2.0
CUT Invesco MSCI Global Timber ETF 0.4 61 -16 10.2 +3.9
EFNL iShares MSCI Finland ETF 0.4 56 -11 7.2 +1.0
MXI iShares Global Materials ETF 0.4 41 4 8.0 +1.7
ECOW Pacer Emerging Markets Cash Cows 100 ETF 0.4 70 -25 14.5 +8.2
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.4 33 12 10.0 +3.7
GVLU Gotham 1000 Value ETF 0.4 50 -5 9.1 +2.8
EXI iShares Global Industrials ETF 0.3 42 3 4.5 -1.8
EDOG ALPS Emerging Sector Dividend Dogs ETF 0.3 60 -15 10.9 +4.6
EWM iShares MSCI Malaysia ETF 0.3 50 -5 7.1 +0.8
EEMO Invesco S&P Emerging Markets Momentum ETF 0.3 29 16 6.4 +0.1
AVDV Avantis International Small Cap Value ETF 0.3 36 9 10.1 +3.8
RVRB Reverb ETF 0.2 30 15 4.6 -1.7
IXN iShares Global Tech ETF 0.2 41 4 3.8 -2.5
UAE iShares MSCI UAE ETF 0.2 59 -14 0.0 -6.3
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 0.2 95 -50 12.6 +6.4
DLS WisdomTree International SmallCap Dividend Fund 0.2 58 -13 8.4 +2.1
NANR SPDR S&P North American Natural Resources ETF 0.1 35 10 8.4 +2.1
AMZA InfraCap MLP ETF 0.0 164 -119 7.8 +1.5
EBI Longview Advantage ETF 0.0 35 10 6.7 +0.4

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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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:

UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 10.5 %
Divided by: Fwd. P/BV 1.6 x
Less: Expense ratio 45 bp
Equals: ALTAR Score 6.3 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.66 CATEGORY
AVERAGE		 1.62
 
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.