SPDR S&P International Dividend ETF
ALTAR
Score™		 7.1% info Recommen-
dation		 NEUTRAL
2024E    2025E
P/E
ratio		 13.5x P/Sales
ratio		 1.2x
P/BV
ratio		 1.3x Div.
yield		 5.2%


  • 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) $447
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 98
Wgt avg mkt cap (mns) $25,369
Large cap (>$10bn) 45.1%
Mid cap ($2-10bn) 53.9%
Small cap (<$2bn) 1.0%
Developed mkts 85.1%
Emerging mkts 14.9%

TOP TEN HOLDINGS
BRITISH AMERICAN TOBACCO PLC 2.7 %
TRANSCANADA CORP 1.8 %
SUN HUNG KAI PROPERTIES 1.8 %
RED ELECTRICA CORP. SA 1.6 %
BCE INC. 1.5 %
NATIONAL GRID PLC 1.5 %
EMERA INC 1.5 %
SNAM RETE GAS 1.5 %
KT&G CORP 1.5 %
ZURICH FINANCIAL SERVICES AG 1.5 %
Total 16.9 %

TOP COUNTRY EXPOSURE
JAPAN 20.9 %
CANADA 14.7 %
SWITZERLAND 10.0 %
BRITAIN 9.1 %
TAIWAN 7.5 %
AUSTRALIA 5.1 %
SPAIN 4.1 %
SINGAPORE 3.7 %
ITALY 3.4 %
FRANCE 3.4 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-0.7% 8.3% 3.0% 1.5% 0.4%

Market Correlations
versus... Beta R-squared
S&P500 0.63 59%
MSCI EAFE 0.78 84%
MSCI Emg. Mkts. 0.66 65%

Technical Indicators
Recent close $34.22
30d moving avg. $34.26
Annualized volatility 14.5%
Short interest (ETF) 0.0%
Relative strength (RSI) 68

Liquidity measures
Avg. volume (thou.) 37
Turnover 0.3%
Bid/Ask (% of price) 0.16%
ADV underlying (mns) $5,369

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 436 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
(%)
FID First Trust S&P International Dividend Aristocrats ETF 30.8 60 -15 9.8 +2.7
WDIV SPDR S&P Global Dividend ETF 25.5 40 5 10.2 +3.1
EFAV iShares MSCI EAFE Min Vol Factor ETF 21.8 22 23 6.2 -0.9
IDLV Invesco S&P International Developed Low Volatility ETF 20.9 25 20 5.8 -1.3
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 20.4 80 -35 5.4 -1.7
VWID Virtus WMC International Dividend ETF 20.3 49 -4 9.4 +2.3
LVHI Franklin International Low Volatility High Dividend Index ET 18.5 40 5 10.2 +3.1
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 17.9 9 36 9.8 +2.7
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 16.2 32 13 6.7 -0.4
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 15.7 20 25 10.7 +3.6
FDEV Fidelity International Multifactor ETF 14.7 18 27 7.5 +0.4
DTH WisdomTree International High Dividend Fund 14.7 58 -13 10.1 +3.0
DWMF WisdomTree International Multifactor Fund 13.9 38 7 7.3 +0.2
CID VictoryShares International High Div Volatility Wtd ETF 13.9 45 0 9.5 +2.4
RODM Hartford Multifactor Developed Markets (ex-US) ETF 13.7 29 16 8.8 +1.7
AIVI WisdomTree International AI Enhanced Value Fund 13.6 58 -13 8.0 +0.9
DIVI Franklin International Core Dividend Tilt Index ETF 13.5 9 36 8.0 +0.9
IDV iShares International Select Dividend ETF 13.3 51 -6 12.3 +5.2
EFV iShares MSCI EAFE Value ETF 12.8 34 11 9.1 +2.0
QEFA SPDR MSCI EAFE StrategicFactors ETF 12.6 30 15 6.8 -0.3
DOL WisdomTree International LargeCap Dividend Fund 12.5 48 -3 7.7 +0.6
OEUR ALPS O'Shares Europe Quality Dividend ETF 12.3 48 -3 5.7 -1.4
RFDI First Trust Riverfront Dynamic Developed International ETF 12.2 83 -38 9.0 +1.9
EFAD ProShares MSCI EAFE Dividend Growers ETF 11.7 50 -5 5.1 -2.0
DWM WisdomTree International Equity Fund 11.6 48 -3 7.8 +0.7
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 11.5 40 5 7.8 +0.7
VYMI Vanguard International High Dividend Yield ETF 11.5 22 23 9.7 +2.6
EFAS Global X MSCI SuperDividend EAFE ETF 11.2 57 -12 9.7 +2.6
JPIN J.P. Morgan Diversified Return International Equity ETF 10.8 37 8 8.7 +1.6
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 10.7 46 -1 5.6 -1.5
IQLT iShares MSCI Intl Quality Factor ETF 10.6 30 15 5.7 -1.4
DMDV AAM S&P Developed Markets High Dividend Value ETF 10.5 39 6 12.7 +5.6
FGD First Trust Dow Jones Global Select Dividend Index Fund 10.4 56 -11 13.9 +6.8
RODE Hartford Multifactor Diversified International ETF 10.2 29 16 11.5 +4.4
JXI iShares Global Utilities ETF 10.2 43 2 6.7 -0.4
WPS iShares International Developed Property ETF 9.9 48 -3 7.2 +0.1
IEV iShares Europe ETF 9.8 67 -22 6.1 -1.0
EDIV SPDR S&P Emerging Markets Dividend ETF 9.8 49 -4 10.9 +3.8
RWX SPDR Dow Jones International Real Estate ETF 9.8 59 -14 7.2 +0.1
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 9.8 45 0 8.5 +1.4
IFGL iShares International Developed Real Estate ETF 9.8 48 -3 7.0 -0.1
DBEU Xtrackers MSCI Europe Hedged Equity ETF 9.6 46 -1 6.3 -0.8
BBEU JPMorgan BetaBuilders Europe ETF 9.6 9 36 6.7 -0.4
FLEE Franklin FTSE Europe ETF 9.5 9 36 6.8 -0.3
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 9.5 20 25 6.3 -0.8
RFEU First Trust Riverfront Dynamic Europe ETF 9.4 83 -38 8.7 +1.6
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 9.4 20 25 6.9 -0.2
FIDI Fidelity International High Dividend ETF 9.3 18 27 10.1 +3.0
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 9.2 51 -6 6.8 -0.3
ESGD iShares ESG Aware MSCI EAFE ETF 9.2 20 25 6.3 -0.8
CIL VictoryShares International Volatility Wtd ETF 9.2 45 0 6.9 -0.2
VGK Vanguard FTSE Europe ETF 9.1 11 34 6.8 -0.3
NUDM Nuveen ESG International Developed Markets Equity ETF 9.1 31 14 6.4 -0.7
BKIE BNY Mellon International Equity ETF 9.1 4 41 6.9 -0.2
IEUR iShares Core MSCI Europe ETF 9.0 11 34 -1.3 -8.4
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 9.0 39 6 7.6 +0.5
EFA iShares MSCI EAFE ETF 9.0 35 10 6.4 -0.7
DIM WisdomTree International MidCap Dividend Fund 9.0 58 -13 7.7 +0.6
JHMD John Hancock Multifactor Developed International ETF 8.9 39 6 7.4 +0.3
SPEU SPDR Portfolio Europe ETF 8.9 7 38 6.6 -0.5
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 8.8 36 9 6.4 -0.7
IGRO iShares International Dividend Growth ETF 8.8 15 30 7.1 -0.0
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 8.8 47 -2 5.9 -1.2
IDOG ALPS International Sector Dividend Dogs ETF 8.8 50 -5 11.6 +4.5
HFXI IQ FTSE International Equity Currency Neutral ETF 8.7 20 25 6.8 -0.3
GSID Goldman Sachs MarketBeta International Equity ETF 8.7 20 25 6.7 -0.4
GSIE Goldman Sachs ActiveBeta International Equity ETF 8.7 25 20 7.4 +0.3
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 8.6 25 20 7.4 +0.3
VNQI Vanguard Global ex-U.S. Real Estate ETF 8.5 12 33 8.7 +1.6
SCHY Schwab International Dividend Equity ETF 8.4 14 31 9.3 +2.2
IEFA iShares Core MSCI EAFE ETF 8.3 7 38 2.7 -4.4
IDEV iShares Core MSCI International Developed Markets ETF 8.2 4 41 6.7 -0.4
INTF iShares International Equity Factor ETF 8.2 15 30 7.8 +0.7
EWJV iShares MSCI Japan Value ETF 8.1 15 30 9.0 +1.9
VEA Vanguard FTSE Developed Markets ETF 7.9 5 40 7.0 -0.1
IVLU iShares MSCI Intl Value Factor ETF 7.9 30 15 10.6 +3.5
IQIN IQ 500 International ETF 7.9 25 20 8.8 +1.7
SPDW SPDR Portfolio Developed World ex-US ETF 7.9 3 42 6.9 -0.2
IQSI IQ Candriam International Equity ETF 7.8 15 30 6.4 -0.7
IDHQ Invesco S&P International Developed High Quality ETF 7.8 29 16 5.8 -1.3
FLSW Franklin FTSE Switzerland ETF 7.7 9 36 5.1 -2.0
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 7.7 14 31 6.2 -0.9
FSZ First Trust Switzerland AlphaDEX Fund 7.6 80 -35 4.1 -3.0
IQDE FlexShares International Quality Dividend Defensive Index ET 7.5 47 -2 10.7 +3.6
FIVA Fidelity International Value Factor ETF 7.4 18 27 9.3 +2.2
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 7.4 10 35 8.2 +1.1
EWL iShares MSCI Switzerland ETF 7.4 50 -5 4.1 -3.0
FNDF Schwab Fundamental International Large Co. Index ETF 7.3 25 20 9.1 +2.0
CWI SPDR MSCI ACWI ex-US ETF 7.3 30 15 6.8 -0.3
DFAI Dimensional International Core Equity Market ETF 7.3 18 27 6.9 -0.2
ISZE iShares MSCI Intl Size Factor ETF 7.3 30 15 6.6 -0.5
EUDV ProShares MSCI Europe Dividend Growers ETF 7.2 55 -10 5.0 -2.2
ACWX iShares MSCI ACWI ex U.S. ETF 7.2 34 11 6.7 -0.4
GLIF AGF Global Infrastructure ETF 7.2 45 0 5.5 -1.6
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 7.1 41 4 6.7 -0.4
DFIV Dimensional International Value ETF 7.0 27 18 9.8 +2.7
SCHF Schwab International Equity ETF 6.9 6 39 7.0 -0.1
VEU Vanguard FTSE All-World ex-US Index Fund 6.9 8 37 7.2 +0.1
BBCA JPMorgan BetaBuilders Canada ETF 6.9 19 26 7.0 -0.1
EELV Invesco S&P Emerging Markets Low Volatility ETF 6.9 29 16 8.3 +1.2
EWC iShares MSCI Canada ETF 6.8 50 -5 6.9 -0.2
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 6.8 45 0 6.2 -0.9
JIRE JPMorgan International Research Enhanced Equity ETF 6.7 24 21 6.7 -0.4
FLGB Franklin FTSE United Kingdom ETF 6.6 9 36 8.3 +1.2
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 6.6 24 21 8.6 +1.5
IXUS iShares Core MSCI Total International Stock ETF 6.5 7 38 6.9 -0.2
VXUS Vanguard Total International Stock ETF 6.5 7 38 7.1 +0.0
EWU iShares MSCI United Kingdom ETF 6.5 50 -5 7.8 +0.7
VSGX Vanguard ESG International Stock ETF 6.4 12 33 6.8 -0.3
BLLD JPMorgan Sustainable Infrastructure ETF 6.3 49 -4 6.2 -0.9
UIVM VictoryShares International Value Momentum ETF 6.3 35 10 10.7 +3.6
FICS First Trust International Developed Capital Strength ETF 6.3 70 -25 6.1 -1.0
FDD First Trust Stoxx European Select Dividend Index Fund 6.3 58 -13 12.9 +5.8
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 6.2 25 20 7.7 +0.6
EUDG WisdomTree Europe Quality Dividend Growth Fund 6.2 58 -13 6.0 -1.1
TPIF Timothy Plan International ETF 6.1 62 -17 6.7 -0.4
AVDE Avantis International Equity ETF 6.1 23 22 7.9 +0.8
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 6.0 39 6 7.3 +0.2
FLCA Franklin FTSE Canada ETF 5.9 9 36 7.2 +0.1
NXTG First Trust Indxx NextG ETF 5.9 70 -25 6.0 -1.1
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 5.8 25 20 6.1 -1.1
JPXN iShares JPX-Nikkei 400 ETF 5.8 48 -3 7.5 +0.4
EWJ iShares MSCI Japan ETF 5.6 50 -5 6.7 -0.4
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 5.5 58 -13 4.6 -2.6
CEFA Global X S&P Catholic Values Developed ex-US ETF 5.5 35 10 6.4 -0.7
BBJP JPMorgan BetaBuilders Japan ETF 5.4 19 26 7.1 +0.0
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 5.4 25 20 7.0 -0.1
ACWV iShares MSCI Global Min Vol Factor ETF 5.4 20 25 6.7 -0.4
DBJP Xtrackers MSCI Japan Hedged Equity ETF 5.4 47 -2 6.6 -0.5
GDVD R3 Global Dividend Growth ETF 5.4 88 -43 5.8 -1.3
DFSI Dimensional International Sustainability Core 1 ETF 5.3 24 21 6.2 -0.9
VIGI Vanguard International Dividend Appreciation ETF 5.2 15 30 5.6 -1.6
QWLD SPDR MSCI World StrategicFactors ETF 5.2 30 15 6.1 -1.1
MOTG VanEck Morningstar Global Wide Moat ETF 5.2 52 -7 5.8 -1.3
OCEN IQ Clean Oceans ETF 5.2 45 0 5.3 -1.8
UMMA Wahed Dow Jones Islamic World ETF 5.2 65 -20 4.3 -2.8
FLJP Franklin FTSE Japan ETF 5.2 9 36 7.1 +0.0
KXI iShares Global Consumer Staples ETF 5.2 41 4 5.6 -1.5
FLJH Franklin FTSE Japan Hedged ETF 5.1 9 36 6.9 -0.2
DFIC Dimensional International Core Equity 2 ETF 5.0 23 22 7.4 +0.3
DEW WisdomTree Global High Dividend Fund 4.9 58 -13 9.1 +2.0
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 4.7 68 -23 8.8 +1.7
IGF iShares Global Infrastructure ETF 4.7 41 4 5.0 -2.1
GII SPDR S&P Global Infrastructure ETF 4.7 40 5 5.0 -2.1
FLEU Franklin FTSE Eurozone ETF 4.7 9 36 6.7 -0.4
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 4.7 19 26 5.8 -1.3
IPAC iShares Core MSCI Pacific ETF 4.7 9 36 6.7 -0.4
JSTC Adasina Social Justice All Cap Global ETF 4.6 89 -44 4.8 -2.3
EZU iShares MSCI Eurozone ETF 4.6 52 -7 6.2 -1.0
ERET iShares Environmentally Aware Real Estate ETF 4.6 30 15 7.3 +0.2
DMXF iShares ESG Advanced MSCI EAFE ETF 4.6 12 33 5.4 -1.7
EPP iShares MSCI Pacific ex-Japan ETF 4.6 47 -2 5.4 -1.8
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 4.5 45 0 6.2 -0.9
DIVS SmartETFs Dividend Builder ETF 4.3 65 -20 4.7 -2.4
ROAM Hartford Multifactor Emerging Markets ETF 4.2 44 1 11.7 +4.6
ESGN Columbia International ESG Equity Income ETF 4.1 45 0 9.0 +1.9
IQDF FlexShares International Quality Dividend Index Fund 4.1 47 -2 10.7 +3.6
EWP iShares MSCI Spain ETF 4.0 50 -5 8.5 +1.4
ECON Columbia Emerging Markets Consumer ETF 4.0 49 -4 4.8 -2.3
EYLD Cambria Emerging Shareholder Yield ETF 4.0 66 -21 12.1 +5.0
JHID John Hancock International High Dividend ETF 4.0 46 -1 11.5 +4.4
FJP First Trust Japan AlphaDEX Fund 4.0 80 -35 10.1 +3.0
VIDI Vident International Equity Strategy ETF 4.0 61 -16 11.9 +4.8
VPL Vanguard FTSE Pacific ETF 4.0 8 37 7.0 -0.1
EWT iShares MSCI Taiwan ETF 4.0 58 -13 5.7 -1.4
RWO SPDR Dow Jones Global Real Estate ETF 4.0 50 -5 6.9 -0.2
IMFL Invesco International Developed Dynamic Multifactor ETF 4.0 34 11 10.6 +3.5
FLTW Franklin FTSE Taiwan ETF 4.0 19 26 6.0 -1.1
DVYA iShares Asia/Pacific Dividend ETF 3.9 49 -4 9.1 +2.0
GQRE FlexShares Global Quality Real Estate Index Fund 3.9 45 0 6.9 -0.2
DXJ WisdomTree Japan Hedged Equity Fund 3.9 48 -3 7.7 +0.6
CGDV Capital Group Dividend Value ETF 3.9 33 12 5.8 -1.4
AVIV Avantis International Large Cap Value ETF 3.9 25 20 8.9 +1.8
DIHP Dimensional International High Profitability ETF 3.8 29 16 6.9 -0.2
LEGR First Trust Indxx Innovative Transaction & Process ETF 3.8 65 -20 8.4 +1.3
ECLN First Trust EIP Carbon Impact ETF 3.7 96 -51 5.3 -1.8
IDMO Invesco S&P International Developed Momentum ETF 3.7 25 20 7.0 -0.1
FKU First Trust United Kingdom AlphaDEX Fund 3.7 80 -35 7.5 +0.4
IOO iShares Global 100 ETF 3.7 41 4 4.8 -2.3
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 3.7 40 5 7.1 +0.0
DFAX Dimensional World ex U.S. Core Equity 2 ETF 3.6 30 15 7.8 +0.7
QINT American Century Quality Diversified International ETF 3.6 39 6 7.4 +0.3
GREI Goldman Sachs Future Real Estate and Infrastructure Equity E 3.6 75 -30 4.9 -2.2
DGT SPDR Global Dow ETF 3.5 50 -5 6.7 -0.4
FEZ SPDR EURO STOXX 50 ETF 3.5 29 16 6.2 -0.9
IXJ iShares Global Healthcare ETF 3.5 42 3 6.1 -1.0
FDT First Trust Developed Markets ex-US AlphaDEX Fund 3.5 80 -35 10.8 +3.7
IXP iShares Global Comm Services ETF 3.5 42 3 5.3 -1.8
IMTM iShares MSCI Intl Momentum Factor ETF 3.4 30 15 6.8 -0.3
SDG iShares MSCI Global Sustainable Development Goals ETF 3.4 49 -4 5.8 -1.3
WRND IQ Global Equity R&D Leaders ETF 3.4 18 27 7.2 +0.1
CLNR IQ Cleaner Transport ETF 3.3 45 0 8.3 +1.2
AVRE Avantis Real Estate ETF 3.3 17 28 6.6 -0.5
DTRE First Trust Alerian Disruptive Technology Real Estate ETF 3.3 60 -15 3.9 -3.2
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.3 12 33 5.1 -2.0
WWJD Inspire International ETF 3.2 80 -35 7.1 +0.0
EWH iShares MSCI Hong Kong ETF 3.2 50 -5 7.0 -0.1
AGQI First Trust Active Global Quality Income ETF 3.2 85 -40 5.8 -1.3
EUFN iShares MSCI Europe Financials ETF 3.1 51 -6 8.1 +1.0
CRBN iShares MSCI ACWI Low Carbon Target ETF 3.1 20 25 5.6 -1.5
XCEM Columbia EM Core ex-China ETF 3.0 16 29 7.4 +0.3
URTH iShares MSCI World ETF 3.0 24 21 5.4 -1.7
DFIS Dimensional International Small Cap ETF 3.0 39 6 6.7 -0.4
USAI Pacer American Energy Independence ETF 3.0 75 -30 4.1 -3.0
ENFR Alerian Energy Infrastructure ETF 3.0 35 10 4.8 -2.3
UMI USCF Midstream Energy Income Fund ETF 3.0 85 -40 4.5 -2.6
EWS iShares MSCI Singapore ETF 2.9 50 -5 4.0 -3.1
IDNA iShares Genomics Immunology and Healthcare ETF 2.9 47 -2 -5.2 -12.3
EWA iShares MSCI Australia ETF 2.9 50 -5 5.3 -1.8
KOKU Xtrackers MSCI Kokusai Equity ETF 2.8 9 36 5.5 -1.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 2.8 9 36 5.7 -1.4
MOTI VanEck Morningstar International Moat ETF 2.8 58 -13 6.9 -0.2
ACWI iShares MSCI ACWI ETF 2.8 32 13 5.5 -1.6
TOK iShares MSCI Kokusai ETF 2.8 26 19 5.3 -1.8
IQDG WisdomTree International Quality Dividend Growth Fund 2.8 42 3 5.8 -1.3
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 2.8 55 -10 3.6 -3.5
ESGG FlexShares STOXX Global ESG Select Index Fund 2.7 42 3 5.1 -2.0
REET iShares Global REIT ETF 2.7 14 31 7.1 +0.0
FLAU Franklin FTSE Australia ETF 2.7 9 36 5.8 -1.3
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 2.7 58 -13 5.6 -1.6
FLHK Franklin FTSE Hong Kong ETF 2.7 9 36 7.4 +0.3
TOKE Cambria Cannabis ETF 2.7 42 3 -6.2 -13.3
FDEM Fidelity Emerging Markets Multifactor ETF 2.7 25 20 11.9 +4.8
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 2.6 80 -35 10.0 +2.9
ROOF IQ CBRE NextGen Real Estate ETF 2.6 60 -15 7.9 +0.8
PID Invesco International Dividend Achievers ETF 2.6 53 -8 6.7 -0.4
EFG iShares MSCI EAFE Growth ETF 2.6 36 9 4.1 -3.0
GCOW Pacer Global Cash Cows Dividend ETF 2.6 60 -15 13.6 +6.5
EWI iShares MSCI Italy ETF 2.6 50 -5 8.2 +1.1
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 2.6 58 -13 9.1 +2.0
IXG iShares Global Financials ETF 2.5 42 3 6.8 -0.3
VT Vanguard Total World Stock ETF 2.5 7 38 5.8 -1.3
AQWA Global X Clean Water ETF 2.4 50 -5 4.3 -2.8
CGW Invesco S&P Global Water Index ETF 2.4 57 -12 3.8 -3.3
EBLU Ecofin Global Water ESG Fund 2.4 40 5 3.9 -3.2
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 2.4 75 -30 7.8 +0.7
FAN First Trust Global Wind Energy ETF 2.4 60 -15 5.5 -1.6
IQRA IQ CBRE Real Assets ETF 2.3 65 -20 5.9 -1.2
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 2.3 44 1 10.3 +3.2
DFGR Dimensional Global Real Estate ETF 2.3 22 23 7.1 -0.1
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 2.3 24 21 7.1 +0.0
SMOG VanEck Low Carbon Energy ETF 2.3 61 -16 3.0 -4.1
VCLN Virtus Duff & Phelps Clean Energy ETF 2.3 59 -14 3.5 -3.6
TTAI FCF International Quality ETF 2.2 59 -14 7.4 +0.3
DEM WisdomTree Emerging Markets High Dividend Fund 2.2 63 -18 12.9 +5.8
FEUZ First Trust Eurozone AlphaDEX ETF 2.2 80 -35 8.3 +1.2
GLOF iShares Global Equity Factor ETF 2.2 20 25 7.1 -0.0
ICLN iShares Global Clean Energy ETF 2.2 41 4 4.3 -2.8
GVAL Cambria Global Value ETF 2.2 68 -23 12.3 +5.2
SCJ iShares MSCI Japan Small-Cap ETF 2.1 50 -5 6.4 -0.7
FEP First Trust Europe AlphaDEX Fund 2.1 80 -35 8.6 +1.5
SXUS Janus Henderson International Sustainable Equity ETF 2.1 60 -15 4.6 -2.5
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 2.0 30 15 8.5 +1.4
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 2.0 50 -5 10.5 +3.4
FYLD Cambria Foreign Shareholder Yield ETF 2.0 59 -14 12.0 +4.9
DISV Dimensional International Small Cap Value ETF 1.9 42 3 9.2 +2.1
WTRE WisdomTree New Economy Real Estate Fund 1.9 58 -13 5.0 -2.1
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 1.9 90 -45 7.0 -0.1
ISCF iShares International SmallCap Equity Factor ETF 1.9 23 22 8.8 +1.7
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 1.9 88 -43 6.2 -0.9
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 1.8 42 3 6.8 -0.3
SAGP Strategas Global Policy Opportunities ETF 1.8 65 -20 4.5 -2.6
CGGO Capital Group Global Growth Equity ETF 1.8 47 -2 4.3 -2.8
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.8 47 -2 10.3 +3.2
KNCT Invesco Next Gen Connectivity ETF 1.8 40 5 5.9 -1.2
AAXJ iShares MSCI All Country Asia ex Japan ETF 1.7 70 -25 6.3 -0.8
NTZG Nuveen Global Net Zero Transition ETF 1.7 56 -11 4.9 -2.2
FLAX Franklin FTSE Asia Ex Japan ETF 1.7 19 26 7.2 +0.1
BKCI BNY Mellon Concentrated International ETF 1.7 80 -35 5.2 -1.9
EFNL iShares MSCI Finland ETF 1.7 56 -11 8.0 +0.9
KOIN Capital Link Global Fintech Leaders ETF 1.6 75 -30 4.6 -2.5
FNDC Schwab Fundamental International Small Co. Index ETF 1.6 39 6 6.9 -0.2
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 1.6 39 6 12.5 +5.4
THD iShares MSCI Thailand ETF 1.6 58 -13 5.8 -1.3
ASEA Global X FTSE Southeast Asia ETF 1.6 65 -20 6.5 -0.6
JIG JPMorgan International Growth ETF 1.6 55 -10 4.3 -2.8
HART IQ Healthy Hearts ETF 1.6 45 0 5.3 -1.8
UEVM VictoryShares Emerging Markets Value Momentum ETF 1.6 45 0 12.7 +5.6
ERTH Invesco MSCI Sustainable Future ETF 1.6 62 -17 3.7 -3.4
EMLP First Trust North American Energy Infrastructure Fund 1.6 95 -50 5.4 -1.8
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 1.6 18 27 7.9 +0.8
SCZ iShares MSCI EAFE Small-Cap ETF 1.6 40 5 0.0 -7.1
BLES Inspire Global Hope ETF 1.6 61 -16 6.3 -0.8
WDNA WisdomTree BioRevolution Fund 1.6 45 0 -4.5 -11.6
EWQ iShares MSCI France ETF 1.6 53 -8 5.4 -1.7
RITA ETFB Green SRI REITs ETF 1.5 50 -5 6.0 -1.2
EWY iShares MSCI South Korea ETF 1.5 58 -13 8.5 +1.4
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 1.5 30 15 7.5 +0.4
LDEM iShares ESG MSCI EM Leaders ETF 1.5 17 28 7.7 +0.6
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.5 46 -1 8.8 +1.7
EEMD AAM S&P Emerging Markets High Dividend Value ETF 1.5 49 -4 19.0 +11.9
HAP VanEck Natural Resources ETF 1.5 50 -5 9.5 +2.4
FRDM Freedom 100 Emerging Markets ETF 1.4 49 -4 7.3 +0.2
SCHC Schwab International Small-Cap Equity ETF 1.4 11 34 6.4 -0.7
ADIV SmartETFs Asia Pacific Dividend Builder ETF 1.4 78 -33 8.8 +1.7
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 1.4 45 0 8.6 +1.5
FLKR Franklin FTSE South Korea ETF 1.4 9 36 9.4 +2.3
IEUS iShares MSCI Europe Small-Cap ETF 1.4 42 3 0.0 -7.1
DEHP Dimensional Emerging Markets High Profitability ETF 1.4 41 4 7.3 +0.2
RNEM First Trust Emerging Markets Equity Select ETF 1.4 75 -30 8.2 +1.1
OBOR KraneShares MSCI One Belt One Road Index ETF 1.4 79 -34 10.3 +3.2
FDVV Fidelity High Dividend ETF 1.4 15 30 8.9 +1.8
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 1.4 20 25 7.5 +0.4
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.3 49 -4 6.7 -0.4
RAYD Rayliant Quantitative Developed Market Equity ETF 1.3 80 -35 4.5 -2.6
EWG iShares MSCI Germany ETF 1.3 50 -5 6.5 -0.6
DBGR Xtrackers MSCI Germany Hedged Equity ETF 1.3 45 0 6.4 -0.7
FLGR Franklin FTSE Germany ETF 1.3 9 36 7.1 -0.0
DAX Global X DAX Germany ETF 1.3 21 24 6.9 -0.2
JHEM John Hancock Multifactor Emerging Markets ETF 1.3 49 -4 8.3 +1.2
IMOM Alpha Architect International Quantitative Momentum ETF 1.3 49 -4 7.3 +0.2
EMXC iShares MSCI Emerging Markets ex China ETF 1.3 25 20 6.7 -0.4
IXC iShares Global Energy ETF 1.3 44 1 8.2 +1.1
KLDW Knowledge Leaders Developed World ETF 1.3 75 -30 4.9 -2.2
DSTX Distillate International Fundamental Stability & Value ETF 1.3 55 -10 8.0 +0.9
FPAG FPA Global Equity ETF 1.3 49 -4 5.7 -1.4
MXI iShares Global Materials ETF 1.3 41 4 6.6 -0.5
ECOW Pacer Emerging Markets Cash Cows 100 ETF 1.2 70 -25 11.4 +4.3
INDS Pacer Industrial Real Estate ETF 1.2 55 -10 6.2 -0.9
BLDG Cambria Global Real Estate ETF 1.2 60 -15 9.4 +2.3
EFRA iShares Environmental Infrastructure and Industrials ETF 1.2 47 -2 5.2 -1.9
GSFP Goldman Sachs Future Planet Equity ETF 1.2 75 -30 4.5 -2.6
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 1.2 79 -34 5.1 -2.0
TEMP JPMorgan Climate Change Solutions ETF 1.2 49 -4 4.7 -2.5
EEMA iShares MSCI Emerging Markets Asia ETF 1.2 49 -4 6.7 -0.4
GINN Goldman Sachs Innovate Equity ETF 1.2 52 -7 2.7 -4.4
SIL Global X Silver Miners ETF 1.2 65 -20 2.6 -4.6
PXH Invesco FTSE RAFI Emerging Markets ETF 1.2 49 -4 12.4 +5.3
PIO Invesco Global Water ETF 1.2 75 -30 4.9 -2.2
KROP Global X AgTech & Food Innovation ETF 1.1 50 -5 4.7 -2.4
FRNW Fidelity Clean Energy ETF 1.1 39 6 3.7 -3.4
ACES ALPS Clean Energy ETF 1.1 55 -10 -5.0 -12.1
RNRG Global X Renewable Energy Producers ETF 1.1 66 -21 4.9 -2.2
WNDY Global X Wind Energy ETF 1.1 50 -5 5.2 -1.9
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 1.1 68 -23 5.3 -1.8
EINC VanEck Energy Income ETF 1.1 48 -3 4.5 -2.6
IVRA Invesco Real Assets ESG ETF 1.1 59 -14 7.1 -0.0
AIA iShares Asia 50 ETF 1.1 50 -5 6.9 -0.2
KOCG FIS Knights of Columbus Global Belief ETF 1.1 75 -30 5.3 -1.8
VRAI Virtus Real Asset Income ETF 1.1 55 -10 8.6 +1.5
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 1.1 58 -13 10.1 +3.0
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 1.1 7 38 6.5 -0.6
XC WisdomTree Emerging Markets Ex-China Fund 1.1 32 13 6.2 -0.9
EMXF iShares ESG Advanced MSCI EM ETF 1.1 16 29 7.4 +0.3
GMF SPDR S&P Emerging Asia Pacific ETF 1.1 49 -4 6.4 -0.7
FPXI First Trust International Equity Opportunities ETF 1.1 70 -25 3.6 -3.5
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 1.0 80 -35 5.6 -1.5
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 1.0 15 30 7.1 -0.0
ISHP First Trust Nasdaq Retail ETF 1.0 60 -15 3.2 -4.0
BKEM BNY Mellon Emerging Markets Equity ETF 1.0 11 34 7.7 +0.6
EEM iShares MSCI Emerging Markets ETF 1.0 69 -24 7.0 -0.1
SDIV Global X Superdividend ETF 1.0 58 -13 17.6 +10.5
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 1.0 66 -21 7.2 +0.1
SCHE Schwab Emerging Markets Equity ETF 1.0 11 34 7.6 +0.5
BNE Blue Horizon BNE ETF 1.0 87 -42 5.0 -2.1
STXE Strive Emerging Markets Ex-China ETF 1.0 32 13 6.9 -0.2
TINT ProShares Smart Materials ETF 1.0 58 -13 5.6 -1.5
PBD Invesco Global Clean Energy ETF 1.0 75 -30 -3.9 -11.0
HEDJ WisdomTree Europe Hedged Equity Fund 1.0 58 -13 8.4 +1.3
XT iShares Exponential Technologies ETF 1.0 46 -1 3.9 -3.2
TPYP Tortoise North American Pipeline Fund 0.9 40 5 5.3 -1.8
WLDR Affinity World Leaders Equity ETF 0.9 67 -22 8.5 +1.4
HTEC ROBO Global Healthcare Technology and Innovation ETF 0.9 68 -23 1.1 -6.0
SANE Subversive Mental Health ETF 0.9 75 -30 0.0 -7.1
ANEW ProShares MSCI Transformational Changes ETF 0.9 45 0 3.3 -3.8
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.9 36 9 7.5 +0.4
DFAE Dimensional Emerging Core Equity Market ETF 0.9 35 10 7.7 +0.6
IEMG iShares Core MSCI Emerging Markets ETF 0.9 9 36 7.5 +0.4
AGNG Global X Aging Population ETF 0.9 50 -5 4.1 -3.0
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.9 85 -40 4.9 -2.2
BCDF Horizon Kinetics Blockchain Development ETF 0.9 85 -40 -0.7 -7.8
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.9 32 13 6.3 -0.8
EMGF iShares Emerging Markets Equity Factor ETF 0.9 25 20 8.7 +1.6
AVES Avantis Emerging Markets Value ETF 0.9 36 9 12.1 +5.0
DVYE iShares Emerging Markets Dividend ETF 0.9 49 -4 16.6 +9.5
AVEM Avantis Emerging Markets Equity ETF 0.9 33 12 9.1 +2.0
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.8 41 4 7.8 +0.7
IVAL Alpha Architect International Quantitative Value ETF 0.8 49 -4 5.8 -1.3
CGUS Capital Group Core Equity ETF 0.8 33 12 4.7 -2.4
VWO Vanguard FTSE Emerging Markets ETF 0.8 8 37 7.6 +0.5
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 0.8 95 -50 11.4 +4.3
OSEA Harbor International Compounders ETF 0.8 55 -10 3.7 -3.4
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 0.8 61 -16 -4.0 -11.1
PAWZ ProShares Pet Care ETF 0.8 50 -5 4.0 -3.1
STCE Schwab Crypto Thematic ETF 0.7 30 15 -8.0 -15.1
EWUS iShares MSCI United Kingdom Small Cap ETF 0.7 59 -14 6.2 -0.9
NLR VanEck Uranium+Nuclear Energy ETF 0.7 61 -16 4.5 -2.6
EMIF iShares Emerging Markets Infrastructure ETF 0.7 60 -15 4.6 -2.5
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 0.7 32 13 7.6 +0.5
EWM iShares MSCI Malaysia ETF 0.7 50 -5 5.7 -1.4
CGXU Capital Group International Focus Equity ETF 0.7 54 -9 4.1 -3.0
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.7 59 -14 9.6 +2.5
AHOY Newday Ocean Health ETF 0.7 75 -30 5.6 -1.5
DLS WisdomTree International SmallCap Dividend Fund 0.7 58 -13 8.8 +1.7
ESGE iShares ESG Aware MSCI EM ETF 0.7 25 20 7.7 +0.6
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.7 38 7 8.2 +1.1
IPKW Invesco International BuyBack Achievers ETF 0.7 55 -10 9.1 +2.0
CANC Tema Oncology ETF 0.7 75 -30 -4.4 -11.5
EZA iShares MSCI South Africa ETF 0.6 58 -13 11.4 +4.3
AFK VanEck Africa Index ETF 0.6 98 -53 10.0 +2.9
DFJ WisdomTree Japan SmallCap Dividend Fund 0.6 58 -13 7.5 +0.4
EEMO Invesco S&P Emerging Markets Momentum ETF 0.6 29 16 6.2 -0.9
SPEM SPDR Portfolio Emerging Markets ETF 0.6 7 38 7.5 +0.4
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.6 65 -20 12.8 +5.7
AVDV Avantis International Small Cap Value ETF 0.6 36 9 8.0 +0.9
AZTD Aztlan Global Stock Selection DM SMID ETF 0.6 75 -30 6.6 -0.5
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 0.5 58 -13 7.2 +0.1
NUEM Nuveen ESG Emerging Markets Equity ETF 0.5 36 9 6.8 -0.3
MJ ETFMG Alternative Harvest ETFMG Alternative Harvest 0.5 75 -30 -35.0 -42.1
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.5 70 -25 7.2 +0.1
FXI iShares China Large-Cap ETF 0.5 74 -29 9.6 +2.5
NORW Global X MSCI Norway ETF 0.5 50 -5 7.5 +0.4
ENOR iShares MSCI Norway ETF 0.5 53 -8 7.6 +0.5
EMDM First Trust Bloomberg Emerging Market Democracies ETF 0.4 75 -30 9.6 +2.5
ENZL iShares MSCI New Zealand ETF 0.4 50 -5 2.6 -4.5
FDRR Fidelity Dividend ETF for Rising Rates 0.4 15 30 7.9 +0.8
EMMF WisdomTree Emerging Markets Multifactor Fund 0.4 48 -3 9.4 +2.3
EXI iShares Global Industrials ETF 0.4 42 3 4.7 -2.4
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.3 70 -25 4.6 -2.6
DFEV Dimensional Emerging Markets Value ETF 0.3 43 2 10.9 +3.8
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.3 33 12 7.2 +0.1
RXI iShares Global Consumer Discretionary ETF 0.3 41 4 5.5 -1.6
PICK iShares MSCI Global Metals & Mining Producers ETF 0.3 39 6 11.0 +3.9
EWX SPDR S&P Emerging Markets Small Cap ETF 0.2 65 -20 7.7 +0.6
MCHI iShares MSCI China ETF 0.2 59 -14 8.9 +1.8
GXC SPDR S&P China ETF 0.2 59 -14 9.0 +1.9
GVLU Gotham 1000 Value ETF 0.2 50 -5 7.4 +0.3
FLCH Franklin FTSE China ETF 0.2 19 26 9.6 +2.5
SHPP Pacer Industrials and Logistics ETF 0.1 60 -15 8.9 +1.8
RVRB Reverb ETF 0.1 30 15 5.0 -2.1
BKF iShares MSCI BIC ETF 0.1 69 -24 7.1 -0.0
CN Xtrackers MSCI All China Equity ETF 0.1 50 -5 8.7 +1.6
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.1 80 -35 11.0 +3.9
GWX SPDR S&P International Small Cap ETF 0.0 40 5 6.6 -0.5
FEM First Trust Emerging Markets AlphaDEX Fund 0.0 80 -35 16.3 +9.2
ERUS iShares MSCI Russia ETF 0.0 8 37 11.3 +4.2

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

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RESULTS & ESTIMATES

  2019 2020 2021 2022 2023 2024E 2025E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

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

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

OTHER FUNDAMENTAL METRICS

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

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2023 2024E 2025E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 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 9.9 %
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		 1.63 CATEGORY
AVERAGE		 1.51
 
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.