SPDR S&P Emerging Markets Dividend ETF
ALTAR
Score™		 9.1% info Recommen-
dation		 OVERWEIGHT
2025E    2026E
P/E
ratio		 12.0x P/Sales
ratio		 1.2x
P/BV
ratio		 1.5x Div.
yield		 4.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
SPDR S&P Emerging Markets Dividend ETF's objective is to replicate as closely as possible the performance of the S&P Emerging Markets Dividend Opportunities Index.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor SSGA Funds Management Inc
Website www.spdrs.com
Inception date Feb 23, 2011
Assets (mns) $1,201
Currency USD
Expense ratio 49 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 97
Wgt avg mkt cap (mns) $11,260
Large cap (>$10bn) 37.3%
Mid cap ($2-10bn) 49.1%
Small cap (<$2bn) 11.7%
Developed mkts 7.7%
Emerging mkts 92.3%

TOP TEN HOLDINGS
XINAO GAS HOLDINGS LTD 3.1 %
NEDBANK GROUP LTD 3.0 %
WH GROUP LTD 2.3 %
CIMB GROUP HOLDINGS BHD 2.1 %
MALAYAN BANKING BHD 2.1 %
BANCO SANTANDER BRASIL-UNIT 2.1 %
CHINA TOWER CORP LTD H 2.1 %
SANLAM LTD 2.1 %
FIRSTRAND LTD 2.0 %
SAUDI TELECOM CO. 1.9 %
Total 22.8 %

TOP COUNTRY EXPOSURE
TAIWAN 21.7 %
MALAYSIA 12.8 %
SOUTH AFRICA 12.4 %
CHINA 6.0 %
SAUDI ARABIA 5.3 %
THAILAND 5.2 %
HONG KONG 4.1 %
INDIA 3.2 %
MEXICO 2.8 %
KUWAIT 2.7 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
9.1% 13.2% 11.4% 8.5% 3.2%

Market Correlations
versus... Beta R-squared
S&P500 0.73 53%
MSCI EAFE 0.70 72%
MSCI Emg. Mkts. 0.42 65%

Technical Indicators
Recent close $41.20
30d moving avg. $41.74
Annualized volatility 12.1%
Short interest (ETF) 0.1%
Relative strength (RSI) 52

Liquidity measures
Avg. volume (thou.) 87
Turnover 0.3%
Bid/Ask (% of price) 0.21%
ADV underlying (mns) $1,240

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 268 potential alternatives to the SPDR S&P Emerging Markets Dividend ETF ETF based on the alternatives' overlap in portfolio holdings with EDIV. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EDIV Expense: 49 bp ALTAR Score™: 9.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EDIV
Ticker Fund
Name		 Overlap1
vs EDIV
(%)		 Expense
ratio
(bp)		 Savings
vs EDIV
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EDIV
(%)
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 14.7 25 24 5.8 -3.3
ECOW Pacer Emerging Markets Cash Cows 100 ETF 13.5 70 -21 9.6 +0.5
DWX SPDR S&P International Dividend ETF 13.0 45 4 6.8 -2.3
EWM iShares MSCI Malaysia ETF 10.8 50 -1 6.6 -2.4
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 10.6 40 9 6.0 -3.1
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 10.5 44 5 9.4 +0.3
ASEA Global X FTSE Southeast Asia ETF 10.3 65 -16 5.1 -4.0
EZA iShares MSCI South Africa ETF 9.9 58 -9 8.9 -0.1
DEM WisdomTree Emerging Markets High Dividend Fund 9.0 63 -14 9.7 +0.7
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 7.0 60 -11 6.6 -2.5
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 7.0 30 19 7.2 -1.8
RNEM First Trust Emerging Markets Equity Select ETF 6.9 75 -26 7.9 -1.2
EYLD Cambria Emerging Shareholder Yield ETF 6.5 66 -17 8.6 -0.5
ROAM Hartford Multifactor Emerging Markets ETF 6.5 44 5 7.4 -1.7
EDOG ALPS Emerging Sector Dividend Dogs ETF 6.4 60 -11 10.7 +1.7
EVLU iShares MSCI Emerging Markets Value Factor ETF 6.3 35 14 9.7 +0.7
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 6.2 39 10 13.0 +4.0
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 6.1 32 17 4.5 -4.5
EWT iShares MSCI Taiwan ETF 6.0 58 -9 2.6 -6.5
AFK VanEck Africa Index ETF 5.9 98 -49 10.3 +1.2
VEXC Vanguard Emerging Markets Ex-China ETF 5.9 7 42 5.5 -3.6
NXTG First Trust Indxx NextG ETF 5.9 70 -21 3.3 -5.7
FRDM Freedom 100 Emerging Markets ETF 5.6 49 0 5.0 -4.1
EMXF iShares ESG Advanced MSCI EM ETF 5.5 16 33 6.3 -2.7
LDEM iShares ESG MSCI EM Leaders ETF 5.3 17 32 12.4 +3.4
XCEM Columbia EM Core ex-China ETF 5.3 16 33 4.7 -4.3
XC WisdomTree Emerging Markets Ex-China Fund 5.3 32 17 6.5 -2.5
ESGE iShares ESG Aware MSCI EM ETF 5.2 25 24 7.9 -1.2
XCNY SPDR S&P Emerging Markets ex-China ETF 5.2 15 34 5.5 -3.6
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 5.0 24 25 4.9 -4.1
FDEM Fidelity Emerging Markets Multifactor ETF 5.0 25 24 10.3 +1.2
FTHF First Trust Emerging Markets Human Flourishing ETF 4.9 75 -26 5.2 -3.8
FLTW Franklin FTSE Taiwan ETF 4.9 19 30 3.0 -6.1
PXH Invesco FTSE RAFI Emerging Markets ETF 4.9 49 0 13.0 +4.0
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 4.8 58 -9 8.3 -0.7
AVXC Avantis Emerging Markets Ex-China Equity ETF 4.6 33 16 5.9 -3.2
ECON Columbia Emerging Markets Consumer ETF 4.5 49 0 6.3 -2.8
ADIV SmartETFs Asia Pacific Dividend Builder ETF 4.4 78 -29 9.3 +0.3
DEHP Dimensional Emerging Markets High Profitability ETF 4.4 41 8 4.7 -4.4
SDG iShares MSCI Global Sustainable Development Goals ETF 4.4 49 0 4.6 -4.5
KSA iShares MSCI Saudi Arabia ETF 4.4 74 -25 0.0 -9.1
SCHE Schwab Emerging Markets Equity ETF 4.3 11 38 9.2 +0.1
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 4.3 88 -39 8.5 -0.6
FLSA Franklin FTSE Saudi Arabia ETF 4.3 39 10 0.0 -9.1
EMXC iShares MSCI Emerging Markets ex China ETF 4.3 25 24 4.8 -4.3
SCHY Schwab International Dividend Equity ETF 4.2 14 35 8.4 -0.7
JHEM John Hancock Multifactor Emerging Markets ETF 4.2 49 0 7.3 -1.8
VWO Vanguard FTSE Emerging Markets ETF 4.1 7 42 9.0 -0.1
DFEV Dimensional Emerging Markets Value ETF 4.1 43 6 8.9 -0.2
SPEM SPDR Portfolio Emerging Markets ETF 4.1 7 42 9.2 +0.2
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 4.0 50 -1 7.8 -1.2
AVES Avantis Emerging Markets Value ETF 3.9 36 13 8.9 -0.2
UAE iShares MSCI UAE ETF 3.9 59 -10 0.0 -9.1
STXE Strive Emerging Markets Ex-China ETF 3.7 32 17 4.9 -4.1
FEM First Trust Emerging Markets AlphaDEX Fund 3.5 80 -31 8.5 -0.6
DEXC Dimensional Emerging Markets ex China Core EquityETF 3.5 53 -4 4.9 -4.2
FID First Trust S&P International Dividend Aristocrats ETF 3.5 60 -11 7.5 -1.6
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 3.5 41 8 6.7 -2.4
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 3.5 69 -20 7.4 -1.7
EEM iShares MSCI Emerging Markets ETF 3.5 69 -20 7.5 -1.6
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 3.5 30 19 7.6 -1.4
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 3.4 15 34 7.8 -1.3
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 3.4 45 4 7.7 -1.3
BKEM BNY Mellon Emerging Markets Equity ETF 3.4 11 38 23.6 +14.5
DVYE iShares Emerging Markets Dividend ETF 3.3 49 0 17.3 +8.3
DFAE Dimensional Emerging Core Equity Market ETF 3.3 35 14 6.7 -2.3
AVSE Avantis Responsible Emerging Markets Equity ETF 3.3 33 16 6.4 -2.7
AVEM Avantis Emerging Markets Equity ETF 3.3 33 16 6.8 -2.3
IEMG iShares Core MSCI Emerging Markets ETF 3.3 9 40 7.9 -1.2
UEVM VictoryShares Emerging Markets Value Momentum ETF 3.3 45 4 9.6 +0.5
NFTY First Trust India NIFTY 50 Equal Weight ETF 3.2 80 -31 5.1 -4.0
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 3.2 66 -17 7.2 -1.9
VIDI Vident International Equity Strategy ETF 3.1 61 -12 8.0 -1.1
FCA First Trust China AlphaDEX Fund 3.1 80 -31 8.4 -0.6
DFEM Dimensional Emerging Markets Core Equity 2 ETF 3.1 38 11 6.8 -2.3
THD iShares MSCI Thailand ETF 3.1 58 -9 0.0 -9.1
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 3.0 15 34 8.6 -0.4
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 3.0 59 -10 8.3 -0.8
JSTC Adasina Social Justice All Cap Global ETF 2.8 89 -40 4.3 -4.8
WDIV SPDR S&P Global Dividend ETF 2.8 40 9 8.9 -0.2
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 2.8 36 13 7.3 -1.8
GMF SPDR S&P Emerging Asia Pacific ETF 2.8 49 0 8.4 -0.7
EMGF iShares Emerging Markets Equity Factor ETF 2.7 25 24 8.6 -0.5
EMDM First Trust Bloomberg Emerging Market Democracies ETF 2.7 75 -26 6.0 -3.1
EWW iShares MSCI Mexico ETF 2.7 50 -1 8.7 -0.4
FLMX Franklin FTSE Mexico ETF 2.7 19 30 9.2 +0.1
INDY iShares India 50 ETF 2.7 89 -40 5.5 -3.6
EEMA iShares MSCI Emerging Markets Asia ETF 2.5 49 0 7.2 -1.9
QAT iShares MSCI Qatar ETF 2.5 59 -10 55.5 +46.4
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 2.5 32 17 7.3 -1.8
VYMI Vanguard International High Dividend Yield ETF 2.5 17 32 7.7 -1.3
OBOR KraneShares MSCI One Belt One Road Index ETF 2.4 79 -30 7.1 -2.0
ACWV iShares MSCI Global Min Vol Factor ETF 2.4 20 29 5.7 -3.4
EMMF WisdomTree Emerging Markets Multifactor Fund 2.3 48 1 8.3 -0.8
JADE JPMorgan Active Developing Markets Equity ETF 2.3 65 -16 5.7 -3.3
FLAX Franklin FTSE Asia Ex Japan ETF 2.2 19 30 6.9 -2.2
FLN First Trust Latin America AlphaDEX Fund 2.2 80 -31 9.7 +0.6
EMIF iShares Emerging Markets Infrastructure ETF 2.2 60 -11 2.9 -6.2
EEMS iShares MSCI Emerging Markets Small Cap ETF 2.2 70 -21 6.4 -2.7
AVEE Avantis Emerging Markets Small Cap Equity ETF 2.2 42 7 7.6 -1.5
AAXJ iShares MSCI All Country Asia ex Japan ETF 2.1 70 -21 6.6 -2.5
SDEM Global X MSCI SuperDividend Emerging Markets ETF 2.1 67 -18 12.2 +3.1
WWJD Inspire International ETF 2.0 80 -31 6.2 -2.9
NUEM Nuveen ESG Emerging Markets Equity ETF 2.0 36 13 5.6 -3.4
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 2.0 33 16 6.5 -2.6
EWH iShares MSCI Hong Kong ETF 2.0 50 -1 5.2 -3.9
RCGE RockCreek Global Equality ETF 2.0 95 -46 6.0 -3.1
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 2.0 80 -31 7.0 -2.0
OTGL OTG Latin America ETF 2.0 269 -220 7.6 -1.5
IGRO iShares International Dividend Growth ETF 1.9 15 34 6.6 -2.5
EMM Global X Emerging Markets ex-China ETF 1.9 75 -26 4.5 -4.6
INCO Columbia India Consumer ETF 1.8 75 -26 2.2 -6.9
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 1.7 80 -31 12.3 +3.2
SNSR Global X Internet of Things ETF 1.7 68 -19 3.3 -5.7
FLLA Franklin FTSE Latin America ETF 1.7 19 30 10.4 +1.3
CGV Conductor Global Equity Value ETF 1.7 130 -81 7.6 -1.4
JIVE JPMorgan International Value ETF 1.7 55 -6 7.8 -1.2
JHID John Hancock International High Dividend ETF 1.7 46 3 7.8 -1.3
IDOG ALPS International Sector Dividend Dogs ETF 1.6 50 -1 9.2 +0.1
EFAS Global X MSCI SuperDividend EAFE ETF 1.6 57 -8 7.1 -2.0
ROBO ROBO Global Robotics & Automation Index ETF 1.4 95 -46 2.4 -6.7
MEM Matthews Emerging Markets Equity Active ETF 1.4 79 -30 8.4 -0.7
GVAL Cambria Global Value ETF 1.4 68 -19 8.0 -1.1
ISHP First Trust Nasdaq Retail ETF 1.4 60 -11 5.5 -3.6
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.3 65 -16 7.1 -1.9
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 1.3 90 -41 3.3 -5.8
EPHE iShares MSCI Philippines ETF 1.3 59 -10 0.0 -9.1
EWX SPDR S&P Emerging Markets Small Cap ETF 1.3 65 -16 6.5 -2.6
GREK Global X MSCI Greece ETF 1.3 57 -8 8.1 -1.0
FPXI First Trust International Equity Opportunities ETF 1.3 70 -21 4.1 -5.0
VSGX Vanguard ESG International Stock ETF 1.2 10 39 6.4 -2.7
INDA iShares MSCI India ETF 1.2 65 -16 4.7 -4.4
CRAK VanEck Oil Refiners ETF 1.2 61 -12 6.9 -2.1
EMC Global X Emerging Markets Great Consumer ETF 1.2 75 -26 6.9 -2.2
VEGI iShares MSCI Agriculture Producers ETF 1.2 39 10 7.3 -1.8
VEU Vanguard FTSE All-World ex-US Index Fund 1.2 4 45 6.5 -2.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.2 30 19 6.2 -2.8
ACWX iShares MSCI ACWI ex U.S. ETF 1.1 34 15 6.2 -2.9
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.1 47 2 7.1 -2.0
VXUS Vanguard Total International Stock ETF 1.1 5 44 6.5 -2.6
IXUS iShares Core MSCI Total International Stock ETF 1.1 7 42 6.4 -2.7
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.1 41 8 5.8 -3.3
ARTY iShares Future AI & Tech ETF 1.0 47 2 2.2 -6.9
SDIV Global X Superdividend ETF 1.0 58 -9 14.0 +5.0
ECNS iShares MSCI China Small-Cap ETF 1.0 59 -10 10.1 +1.0
FEUZ First Trust Eurozone AlphaDEX ETF 1.0 80 -31 6.6 -2.5
BLES Inspire Global Hope ETF 1.0 61 -12 5.7 -3.4
DWMF WisdomTree International Multifactor Fund 1.0 38 11 6.8 -2.3
DIM WisdomTree International MidCap Dividend Fund 0.9 58 -9 6.2 -2.9
COPY Tweedy, Browne Insider + Value ETF 0.9 80 -31 14.3 +5.2
ICPY Tweedy, Browne International Insider Value ETF 0.9 80 -31 20.2 +11.2
FLIN Franklin FTSE India ETF 0.9 19 30 4.2 -4.8
EPI WisdomTree India Earnings Fund 0.9 85 -36 5.3 -3.8
CWI SPDR MSCI ACWI ex-US ETF 0.9 30 19 6.3 -2.8
IQDF FlexShares International Quality Dividend Index Fund 0.9 47 2 7.3 -1.7
BINV Brandes International ETF 0.9 70 -21 8.3 -0.8
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.9 18 31 6.2 -2.9
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.8 12 37 8.9 -0.2
RWX SPDR Dow Jones International Real Estate ETF 0.7 59 -10 7.5 -1.6
FYLD Cambria Foreign Shareholder Yield ETF 0.7 59 -10 9.7 +0.6
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.7 80 -31 6.6 -2.5
GCOW Pacer Global Cash Cows Dividend ETF 0.7 60 -11 9.3 +0.3
CHAT Roundhill Generative AI & Technology ETF 0.7 75 -26 4.1 -5.0
IPAV Global X Infrastructure Development ex-U.S. ETF 0.6 55 -6 6.0 -3.1
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.6 65 -16 8.0 -1.1
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.6 10 39 8.9 -0.2
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 0.6 32 17 5.3 -3.8
DEW WisdomTree Global High Dividend Fund 0.6 58 -9 7.1 -2.0
BKF iShares MSCI BIC ETF 0.6 69 -20 15.0 +5.9
FEP First Trust Europe AlphaDEX Fund 0.6 80 -31 6.8 -2.2
EPOL iShares MSCI Poland ETF 0.5 59 -10 7.9 -1.2
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.5 24 25 6.8 -2.2
IGF iShares Global Infrastructure ETF 0.5 41 8 4.5 -4.6
EIDO iShares MSCI Indonesia ETF 0.5 59 -10 11.2 +2.2
IDX VanEck Indonesia Index ETF 0.5 57 -8 9.9 +0.8
RODM Hartford Multifactor Developed Markets (ex-US) ETF 0.5 29 20 6.9 -2.1
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.5 32 17 15.0 +6.0
GII SPDR S&P Global Infrastructure ETF 0.5 40 9 4.5 -4.6
GXC SPDR S & P China ETF 0.5 59 -10 19.4 +10.4
JPIN J.P. Morgan Diversified Return International Equity ETF 0.5 37 12 7.0 -2.1
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.5 8 41 6.2 -2.9
VGSR Vert Global Sustainable Real Estate ETF 0.5 47 2 7.3 -1.8
AVRE Avantis Real Estate ETF 0.5 17 32 7.2 -1.9
EEMO Invesco S&P Emerging Markets Momentum ETF 0.4 29 20 6.2 -2.8
UIVM VictoryShares International Value Momentum ETF 0.4 35 14 7.8 -1.3
DTH WisdomTree International High Dividend Fund 0.4 58 -9 7.1 -2.0
FLCH Franklin FTSE China ETF 0.4 19 30 18.8 +9.8
ACWI iShares MSCI ACWI ETF 0.4 32 17 4.6 -4.5
VT Vanguard Total World Stock ETF 0.4 6 43 4.9 -4.2
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.4 19 30 5.3 -3.8
GLOF iShares Global Equity Factor ETF 0.4 20 29 5.4 -3.7
INEQ Columbia International Equity Income ETF 0.4 45 4 7.6 -1.5
TCHI iShares MSCI China Multisector Tech ETF 0.4 59 -10 15.2 +6.1
FENI Fidelity Enhanced International ETF 0.4 28 21 5.7 -3.4
VIGI Vanguard International Dividend Appreciation ETF 0.3 10 39 6.0 -3.1
AIQ Global X Artificial Intelligence & Technology ETF 0.3 68 -19 2.6 -6.5
BRF VanEck Brazil Small-Cap ETF 0.3 66 -17 11.6 +2.5
EWZS iShares MSCI Brazil Small-Cap ETF 0.3 59 -10 11.8 +2.7
REET iShares Global REIT ETF 0.3 14 35 7.3 -1.8
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.3 20 29 4.6 -4.4
MCHI iShares MSCI China ETF 0.3 59 -10 21.0 +11.9
DFGR Dimensional Global Real Estate ETF 0.3 22 27 7.4 -1.7
EPP iShares MSCI Pacific ex-Japan ETF 0.3 47 2 4.9 -4.2
RWO SPDR Dow Jones Global Real Estate ETF 0.3 50 -1 6.6 -2.5
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.3 25 24 6.0 -3.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.3 12 37 4.4 -4.7
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.3 46 3 5.5 -3.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 40 4.8 -4.3
TPIF Timothy Plan International ETF 0.2 62 -13 5.5 -3.6
KLMT Invesco MSCI Global Climate 500 ETF 0.2 10 39 4.9 -4.2
AQLT iShares MSCI Global Quality Factor ETF 0.2 18 31 0.0 -9.1
IMFL Invesco International Developed Dynamic Multifactor ETF 0.2 34 15 5.2 -3.9
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 0.2 9 40 7.7 -1.4
LVHI Franklin International Low Volatility High Dividend Index ET 0.2 40 9 7.4 -1.7
INTF iShares International Equity Factor ETF 0.2 15 34 6.3 -2.7
AVIV Avantis International Large Cap Value ETF 0.2 25 24 6.7 -2.4
DFIV Dimensional International Value ETF 0.2 27 22 7.6 -1.5
DIHP Dimensional International High Profitability ETF 0.2 29 20 5.8 -3.3
CUT Invesco MSCI Global Timber ETF 0.1 61 -12 8.0 -1.1
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.1 40 9 5.6 -3.4
IVLU iShares MSCI Intl Value Factor ETF 0.1 30 19 7.8 -1.3
DWM WisdomTree International Equity Fund 0.1 48 1 5.5 -3.6
DOL WisdomTree International LargeCap Dividend Fund 0.1 48 1 5.4 -3.6
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 2 5.1 -4.0
FRGN Horizon International Equity ETF 0.1 75 -26 7.6 -1.4
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.1 39 10 6.8 -2.3
KNCT Invesco Next Gen Connectivity ETF 0.1 40 9 2.8 -6.3
WRND IQ Global Equity R&D Leaders ETF 0.1 18 31 4.0 -5.1
AVDE Avantis International Equity ETF 0.1 23 26 6.1 -3.0
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.1 42 7 4.1 -5.0
DXIV Dimensional International Vector Equity ETF 0.1 34 15 6.4 -2.7
VPL Vanguard FTSE Pacific ETF 0.1 7 42 4.9 -4.2
IPAC iShares Core MSCI Pacific ETF 0.1 9 40 5.2 -3.9
SCHC Schwab International Small-Cap Equity ETF 0.1 11 38 6.4 -2.7
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.1 45 4 6.6 -2.5
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.1 25 24 5.5 -3.6
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.1 14 35 5.3 -3.8
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.1 39 10 6.1 -3.0
DMXF iShares ESG Advanced MSCI EAFE ETF 0.1 12 37 4.8 -4.3
PICK iShares MSCI Global Metals & Mining Producers ETF 0.1 39 10 8.0 -1.1
FTRI First Trust Indxx Global Natural Resources Income ETF 0.1 70 -21 6.3 -2.8
FNDF Schwab Fundamental International Large Co. Index ETF 0.1 25 24 7.1 -1.9
EFV iShares MSCI EAFE Value ETF 0.1 34 15 7.3 -1.8
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.1 58 -9 3.6 -5.5
DFIC Dimensional International Core Equity 2 ETF 0.1 23 26 6.1 -2.9
HFXI IQ FTSE International Equity Currency Neutral ETF 0.1 20 29 5.5 -3.6
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.0 36 13 5.1 -4.0
GSID Goldman Sachs MarketBeta International Equity ETF 0.0 20 29 5.7 -3.4
GGME Invesco Next Gen Media and Gaming ETF 0.0 60 -11 4.2 -4.9
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.0 49 0 5.9 -3.2
FNDC Schwab Fundamental International Small Co. Index ETF 0.0 39 10 6.6 -2.5
DFAI Dimensional International Core Equity Market ETF 0.0 18 31 5.9 -3.1
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.0 20 29 5.5 -3.6
VEA Vanguard FTSE Developed Markets ETF 0.0 3 46 5.8 -3.3
HEFA iShares Currency Hedged MSCI EAFE ETF 0.0 35 14 5.6 -3.5
CCNR ALPS CoreCommodity Natural Resources ETF 0.0 39 10 8.0 -1.0
EFA iShares MSCI EAFE ETF 0.0 35 14 5.6 -3.4
SCHF Schwab International Equity ETF 0.0 6 43 5.8 -3.3
BKIE BNY Mellon International Equity ETF 0.0 4 45 17.6 +8.5
IEFA iShares Core MSCI EAFE ETF 0.0 7 42 5.9 -3.1
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 45 5.9 -3.2
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.0 30 19 6.0 -3.1
VGK Vanguard FTSE Europe ETF 0.0 6 43 6.6 -2.5
SPEU SPDR Portfolio Europe ETF 0.0 7 42 6.5 -2.6
KOKU Xtrackers MSCI Kokusai Equity ETF 0.0 9 40 4.3 -4.7
TOK iShares MSCI Kokusai ETF 0.0 26 23 4.2 -4.8
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 19 5.1 -4.0
URTH iShares MSCI World ETF 0.0 24 25 4.2 -4.8

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 Emerging Markets 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 13.5 %
Divided by: Fwd. P/BV 1.4 x
Less: Expense ratio 49 bp
Equals: ALTAR Score 9.1 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.60 CATEGORY
AVERAGE		 1.53
 
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.