SPDR S&P Emerging Markets Dividend ETF
ALTAR
Score™		 11.9% info Recommen-
dation		 OVERWEIGHT
2025E    2026E
P/E
ratio		 9.7x P/Sales
ratio		 0.7x
P/BV
ratio		 0.7x Div.
yield		 4.4%


  • 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) $733
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 102
Wgt avg mkt cap (mns) $14,904
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
CIA ENERGETICA MINAS GER-PRF 3.3 %
BANCO BRADESCO-ADR 3.0 %
TELKOM INDONESIA PERSERO TBK 2.7 %
SINO-AMERICAN SILICON PRODUC 2.6 %
CHINA CITIC BANK - H 2.4 %
CNPC HONG KONG LIMITED 2.2 %
FAR EASTERN TEXTILE 1.9 %
KIMBERLY-CLARK DE MEXICO-A 1.8 %
CHONGQING RURAL COMMERCIAL-H 1.8 %
CHUNGHWA TELECOM CO., LTD 1.8 %
Total 23.5 %

TOP COUNTRY EXPOSURE
CHINA 18.9 %
TAIWAN 18.1 %
THAILAND 9.5 %
MALAYSIA 7.3 %
BRAZIL 6.5 %
HONG KONG 6.1 %
MEXICO 5.3 %
SAUDI ARABIA 5.1 %
UAE 3.9 %
QATAR 3.1 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 30)
Year-to-date 1 year 5 years 10 years Since Incep.
6.9% 11.2% 13.4% 5.1% 2.2%

Market Correlations
versus... Beta R-squared
S&P500 0.55 40%
MSCI EAFE 0.61 53%
MSCI Emg. Mkts. 0.76 79%

Technical Indicators
Recent close $37.70
30d moving avg. $37.10
Annualized volatility 14.5%
Short interest (ETF) 0.4%
Relative strength (RSI) 58

Liquidity measures
Avg. volume (thou.) 120
Turnover 0.6%
Bid/Ask (% of price) 0.27%
ADV underlying (mns) $1,240

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 242 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™: 11.9%


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 20.9 25 24 6.5 -5.4
EELV Invesco S&P Emerging Markets Low Volatility ETF 20.2 29 20 8.6 -3.2
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 16.5 40 9 7.3 -4.6
ROAM Hartford Multifactor Emerging Markets ETF 13.9 44 5 12.3 +0.4
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 13.1 44 5 10.9 -1.0
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 12.7 30 19 10.2 -1.7
DEM WisdomTree Emerging Markets High Dividend Fund 12.7 63 -14 13.6 +1.7
DVYE iShares Emerging Markets Dividend ETF 12.6 49 0 18.7 +6.8
UEVM VictoryShares Emerging Markets Value Momentum ETF 11.7 45 4 10.8 -1.1
SDEM Global X MSCI SuperDividend Emerging Markets ETF 11.5 67 -18 14.0 +2.2
EMXF iShares ESG Advanced MSCI EM ETF 11.2 16 33 8.6 -3.3
NUEM Nuveen ESG Emerging Markets Equity ETF 10.4 36 13 8.2 -3.7
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 10.4 39 10 17.2 +5.3
EVLU iShares MSCI Emerging Markets Value Factor ETF 10.2 35 14 20.9 +9.1
PXH Invesco FTSE RAFI Emerging Markets ETF 10.0 49 0 17.0 +5.1
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 9.6 50 -1 11.9 0.0
FDEM Fidelity Emerging Markets Multifactor ETF 9.5 25 24 13.6 +1.7
RNEM First Trust Emerging Markets Equity Select ETF 9.4 75 -26 7.0 -4.9
FXI iShares China Large-Cap ETF 8.6 74 -25 18.9 +7.0
ECON Columbia Emerging Markets Consumer ETF 8.5 49 0 13.3 +1.4
FEM First Trust Emerging Markets AlphaDEX Fund 8.5 80 -31 12.0 +0.2
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 8.1 15 34 8.6 -3.3
EEMO Invesco S&P Emerging Markets Momentum ETF 8.1 29 20 6.8 -5.1
LDEM iShares ESG MSCI EM Leaders ETF 8.0 17 32 14.0 +2.2
EMGF iShares Emerging Markets Equity Factor ETF 7.9 25 24 12.3 +0.4
XCEM Columbia EM Core ex-China ETF 7.8 16 33 8.4 -3.5
JHEM John Hancock Multifactor Emerging Markets ETF 7.6 49 0 10.7 -1.2
FCA First Trust China AlphaDEX Fund 7.4 80 -31 9.9 -2.0
ECOW Pacer Emerging Markets Cash Cows 100 ETF 7.3 70 -21 15.5 +3.6
EWM iShares MSCI Malaysia ETF 7.3 50 -1 7.0 -4.9
EDOG ALPS Emerging Sector Dividend Dogs ETF 7.2 60 -11 10.8 -1.0
EMMF WisdomTree Emerging Markets Multifactor Fund 7.2 48 1 8.1 -3.8
DWX SPDR S&P International Dividend ETF 7.2 45 4 6.1 -5.8
RODE Hartford Multifactor Diversified International ETF 7.2 29 20 11.0 -0.9
ESGE iShares ESG Aware MSCI EM ETF 7.1 25 24 10.7 -1.2
GXC SPDR S&P China ETF 7.1 59 -10 17.5 +5.6
DFEV Dimensional Emerging Markets Value ETF 7.1 43 6 14.1 +2.2
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 6.9 90 -41 8.1 -3.8
SCHE Schwab Emerging Markets Equity ETF 6.9 11 38 11.8 -0.1
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 6.9 30 19 10.9 -1.0
MCHI iShares MSCI China ETF 6.8 59 -10 18.9 +7.0
ASEA Global X FTSE Southeast Asia ETF 6.7 65 -16 6.9 -5.0
SPEM SPDR Portfolio Emerging Markets ETF 6.6 7 42 11.0 -0.9
GMF SPDR S&P Emerging Asia Pacific ETF 6.5 49 0 10.1 -1.8
FLCH Franklin FTSE China ETF 6.5 19 30 17.9 +6.0
KALL KraneShares MSCI All China Index ETF 6.5 49 0 14.9 +3.0
VWO Vanguard FTSE Emerging Markets ETF 6.4 8 41 11.1 -0.8
EEM iShares MSCI Emerging Markets ETF 6.4 69 -20 10.8 -1.1
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 6.3 59 -10 12.3 +0.5
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 6.3 15 34 10.9 -1.0
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 6.2 66 -17 10.5 -1.4
EEMA iShares MSCI Emerging Markets Asia ETF 6.2 49 0 10.9 -1.0
BKEM BNY Mellon Emerging Markets Equity ETF 6.1 11 38 10.6 -1.3
FLN First Trust Latin America AlphaDEX Fund 6.1 80 -31 10.2 -1.7
SCHY Schwab International Dividend Equity ETF 6.1 14 35 9.6 -2.3
DFAE Dimensional Emerging Core Equity Market ETF 6.0 35 14 10.2 -1.7
AVEM Avantis Emerging Markets Equity ETF 6.0 33 16 9.5 -2.4
EYLD Cambria Emerging Shareholder Yield ETF 6.0 66 -17 13.0 +1.1
IEMG iShares Core MSCI Emerging Markets ETF 5.9 9 40 11.0 -0.9
GSIB Themes Global Systemically Important Banks ETF 5.9 35 14 10.2 -1.7
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 5.8 45 4 11.1 -0.8
EWT iShares MSCI Taiwan ETF 5.7 58 -9 6.7 -5.1
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 5.6 36 13 10.4 -1.5
AIA iShares Asia 50 ETF 5.6 50 -1 14.7 +2.9
AAXJ iShares MSCI All Country Asia ex Japan ETF 5.5 70 -21 9.9 -2.0
LEGR First Trust Indxx Innovative Transaction & Process ETF 5.5 65 -16 8.2 -3.6
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 5.5 32 17 7.0 -4.9
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 5.4 24 25 8.5 -3.4
BKF iShares MSCI BIC ETF 5.4 69 -20 13.8 +1.9
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 5.4 20 29 10.8 -1.1
FLAX Franklin FTSE Asia Ex Japan ETF 5.4 19 30 10.0 -1.9
FLTW Franklin FTSE Taiwan ETF 5.3 19 30 6.9 -5.0
DFEM Dimensional Emerging Markets Core Equity 2 ETF 5.3 38 11 10.0 -1.9
THD iShares MSCI Thailand ETF 5.3 58 -9 0.0 -11.9
EMXC iShares MSCI Emerging Markets ex China ETF 5.2 25 24 8.0 -3.9
XCNY SPDR S&P Emerging Markets ex-China ETF 5.2 15 34 7.7 -4.2
FRDM Freedom 100 Emerging Markets ETF 5.1 49 0 8.9 -3.0
EWW iShares MSCI Mexico ETF 5.0 50 -1 9.2 -2.7
ACWV iShares MSCI Global Min Vol Factor ETF 4.9 20 29 5.8 -6.0
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 4.8 41 8 9.5 -2.4
STXE Strive Emerging Markets Ex-China ETF 4.7 32 17 8.0 -3.9
FLSA Franklin FTSE Saudi Arabia ETF 4.5 39 10 0.0 -11.9
DEHP Dimensional Emerging Markets High Profitability ETF 4.4 41 8 7.2 -4.7
FID First Trust S&P International Dividend Aristocrats ETF 4.4 60 -11 8.3 -3.6
KSA iShares MSCI Saudi Arabia ETF 4.4 74 -25 0.0 -11.9
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 4.3 58 -9 9.9 -2.0
ILF iShares Latin America 40 ETF 4.2 48 1 13.4 +1.5
JCHI JPMorgan Active China ETF 3.9 65 -16 16.5 +4.6
ADIV SmartETFs Asia Pacific Dividend Builder ETF 3.9 78 -29 9.8 -2.1
UAE iShares MSCI UAE ETF 3.8 59 -10 0.0 -11.9
VYMI Vanguard International High Dividend Yield ETF 3.8 22 27 9.8 -2.1
EMIF iShares Emerging Markets Infrastructure ETF 3.8 60 -11 6.8 -5.1
WDIV SPDR S&P Global Dividend ETF 3.8 40 9 9.6 -2.3
FTHF First Trust Emerging Markets Human Flourishing ETF 3.8 75 -26 8.9 -3.0
VIDI Vident International Equity Strategy ETF 3.6 61 -12 11.2 -0.7
AVES Avantis Emerging Markets Value ETF 3.5 36 13 12.0 +0.1
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 3.4 33 16 10.7 -1.2
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 3.3 60 -11 7.1 -4.7
QAT iShares MSCI Qatar ETF 3.1 59 -10 42.6 +30.8
BRAZ Global X Brazil Active ETF 3.0 75 -26 13.2 +1.3
DEW WisdomTree Global High Dividend Fund 2.7 58 -9 8.8 -3.1
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 2.7 95 -46 13.3 +1.4
MEM Matthews Emerging Markets Equity Active ETF 2.6 79 -30 8.5 -3.4
ECNS iShares MSCI China Small-Cap ETF 2.5 59 -10 10.6 -1.3
FLMX Franklin FTSE Mexico ETF 2.5 19 30 9.5 -2.4
SDIV Global X Superdividend ETF 2.5 58 -9 42.4 +30.5
XC WisdomTree Emerging Markets Ex-China Fund 2.3 32 17 6.2 -5.7
KURE KraneShares MSCI All China Health Care Index ETF 2.3 65 -16 3.1 -8.8
NXTG First Trust Indxx NextG ETF 2.3 70 -21 5.6 -6.3
FBZ First Trust Brazil AlphaDEX Fund 2.3 80 -31 12.5 +0.6
EEMS iShares MSCI Emerging Markets Small Cap ETF 2.2 70 -21 7.8 -4.0
SDG iShares MSCI Global Sustainable Development Goals ETF 2.1 49 0 6.4 -5.5
VSGX Vanguard ESG International Stock ETF 2.1 12 37 8.0 -3.9
EWX SPDR S&P Emerging Markets Small Cap ETF 2.1 65 -16 8.3 -3.6
JSTC Adasina Social Justice All Cap Global ETF 1.9 89 -40 4.5 -7.3
ACWX iShares MSCI ACWI ex U.S. ETF 1.9 34 15 7.9 -3.9
EMM Global X Emerging Markets ex-China ETF 1.9 75 -26 6.1 -5.8
VEU Vanguard FTSE All-World ex-US Index Fund 1.9 8 41 8.3 -3.6
IXG iShares Global Financials ETF 1.8 42 7 6.8 -5.1
CWI SPDR MSCI ACWI ex-US ETF 1.8 30 19 7.9 -4.0
EMC Global X Emerging Markets Great Consumer ETF 1.8 75 -26 8.4 -3.4
FLLA Franklin FTSE Latin America ETF 1.8 19 30 13.4 +1.5
VXUS Vanguard Total International Stock ETF 1.7 7 42 8.2 -3.7
IXUS iShares Core MSCI Total International Stock ETF 1.7 7 42 8.1 -3.8
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.7 41 8 7.8 -4.1
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.7 32 17 9.7 -2.2
GREK Global X MSCI Greece ETF 1.7 57 -8 11.0 -0.9
EPI WisdomTree India Earnings Fund 1.6 85 -36 4.8 -7.1
NFTY First Trust India NIFTY 50 Equal Weight ETF 1.6 80 -31 4.9 -7.0
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.6 18 31 8.0 -3.9
DGT SPDR Global Dow ETF 1.6 50 -1 7.4 -4.5
VCLN Virtus Duff & Phelps Clean Energy ETF 1.6 59 -10 5.9 -6.0
PBD Invesco Global Clean Energy ETF 1.6 75 -26 0.5 -11.4
MCH Matthews China Active ETF 1.5 79 -30 16.3 +4.4
ISHP First Trust Nasdaq Retail ETF 1.5 60 -11 6.0 -5.9
OBOR KraneShares MSCI One Belt One Road Index ETF 1.5 79 -30 8.8 -3.1
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.5 30 19 8.3 -3.6
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 1.5 80 -31 15.1 +3.2
ICLN iShares Global Clean Energy ETF 1.5 41 8 6.2 -5.7
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.4 12 37 8.2 -3.7
GVAL Cambria Global Value ETF 1.4 68 -19 11.2 -0.7
AFK VanEck Africa Index ETF 1.3 98 -49 12.0 +0.1
INDY iShares India 50 ETF 1.3 89 -40 4.6 -7.3
INDA iShares MSCI India ETF 1.1 65 -16 4.4 -7.5
GLOF iShares Global Equity Factor ETF 1.1 20 29 6.9 -5.0
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 1.1 88 -39 9.8 -2.1
EPHE iShares MSCI Philippines ETF 1.1 59 -10 0.0 -11.9
EZA iShares MSCI South Africa ETF 1.0 58 -9 10.3 -1.6
EWZ iShares MSCI Brazil ETF 1.0 58 -9 13.7 +1.8
FLBR Franklin FTSE Brazil ETF 1.0 19 30 15.7 +3.8
PIN Invesco India ETF 1.0 78 -29 4.3 -7.6
WWJD Inspire International ETF 0.9 80 -31 7.3 -4.6
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.9 10 39 8.3 -3.6
SLX VanEck Steel ETF 0.9 56 -7 17.2 +5.3
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 0.9 80 -31 9.8 -2.1
ARVR First Trust Indxx Metaverse ETF 0.8 70 -21 4.5 -7.4
IGRO iShares International Dividend Growth ETF 0.8 15 34 7.1 -4.7
FEOE First Eagle Overseas Equity ETF 0.8 79 -30 8.3 -3.6
FLIN Franklin FTSE India ETF 0.8 19 30 3.9 -8.0
EV Mast Global Battery Recycling & Production ETF 0.8 65 -16 10.8 -1.1
IGF iShares Global Infrastructure ETF 0.8 41 8 4.7 -7.2
GII SPDR S&P Global Infrastructure ETF 0.8 40 9 4.7 -7.2
RWX SPDR Dow Jones International Real Estate ETF 0.8 59 -10 6.9 -4.9
KGRN KraneShares MSCI China Clean Technology Index ETF 0.8 79 -30 3.8 -8.1
MOO VanEck Agribusiness ETF 0.8 53 -4 10.6 -1.3
BINV Brandes International ETF 0.8 70 -21 9.8 -2.1
FEUZ First Trust Eurozone AlphaDEX ETF 0.7 80 -31 9.2 -2.6
EMDM First Trust Bloomberg Emerging Market Democracies ETF 0.7 75 -26 10.3 -1.6
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.7 20 29 6.0 -5.9
ACWI iShares MSCI ACWI ETF 0.7 32 17 5.9 -6.0
VIGI Vanguard International Dividend Appreciation ETF 0.7 15 34 6.1 -5.8
VT Vanguard Total World Stock ETF 0.6 7 42 6.2 -5.7
JIG JPMorgan International Growth ETF 0.6 55 -6 4.7 -7.2
OSEA Harbor International Compounders ETF 0.6 55 -6 4.6 -7.3
IDX VanEck Indonesia Index ETF 0.6 57 -8 7.4 -4.5
EIDO iShares MSCI Indonesia ETF 0.6 59 -10 7.5 -4.4
PGJ Invesco Golden Dragon China ETF 0.6 70 -21 15.0 +3.2
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.6 7 42 7.0 -4.9
IQDF FlexShares International Quality Dividend Index Fund 0.5 47 2 9.3 -2.6
EPOL iShares MSCI Poland ETF 0.5 59 -10 11.4 -0.5
IQRA IQ CBRE Real Assets ETF 0.5 65 -16 5.7 -6.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.5 9 40 6.1 -5.8
KLMT Invesco MSCI Global Climate 500 ETF 0.5 10 39 6.0 -5.8
KNCT Invesco Next Gen Connectivity ETF 0.5 40 9 5.2 -6.6
BLES Inspire Global Hope ETF 0.5 61 -12 7.0 -4.9
SMCF Themes US Small Cap Cash Flow Champions ETF 0.4 29 20 13.7 +1.8
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.4 47 2 8.5 -3.4
IBAT iShares Energy Storage & Materials ETF 0.4 47 2 5.7 -6.2
CGDG Capital Group Dividend Growers ETF 0.4 47 2 6.3 -5.6
FTAG First Trust Indxx Global Agriculture ETF 0.4 70 -21 8.5 -3.3
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.4 46 3 5.4 -6.5
XT iShares Exponential Technologies ETF 0.4 46 3 5.7 -6.2
IXP iShares Global Comm Services ETF 0.4 42 7 6.3 -5.6
VGSR Vert Global Sustainable Real Estate ETF 0.4 47 2 7.2 -4.7
FEP First Trust Europe AlphaDEX Fund 0.4 80 -31 9.3 -2.6
IDRV iShares Self-driving EV & Tech ETF 0.3 47 2 2.7 -9.2
CCNR ALPS CoreCommodity Natural Resources ETF 0.3 39 10 12.0 +0.2
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.3 80 -31 11.9 -0.0
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.3 80 -31 10.2 -1.7
REET iShares Global REIT ETF 0.3 14 35 7.5 -4.4
EFRA iShares Environmental Infrastructure and Industrials ETF 0.3 47 2 5.3 -6.6
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.3 46 3 10.7 -1.2
DFGR Dimensional Global Real Estate ETF 0.3 22 27 7.4 -4.5
VEGI iShares MSCI Agriculture Producers ETF 0.2 39 10 8.7 -3.2
SNSR Global X Internet of Things ETF 0.2 68 -19 4.8 -7.1
IPKW Invesco International BuyBack Achievers ETF 0.2 55 -6 14.5 +2.6
RWO SPDR Dow Jones Global Real Estate ETF 0.2 50 -1 7.0 -4.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.2 12 37 5.3 -6.5
IPAV Global X Infrastructure Development ex-U.S. ETF 0.2 55 -6 7.9 -4.0
BLDG Cambria Global Real Estate ETF 0.2 60 -11 12.2 +0.3
FNDC Schwab Fundamental International Small Co. Index ETF 0.2 39 10 6.1 -5.8
TTAI FCF International Quality ETF 0.2 59 -10 7.1 -4.7
KXI iShares Global Consumer Staples ETF 0.1 41 8 5.3 -6.5
IWTR iShares MSCI Water Management Multisector ETF 0.1 47 2 6.1 -5.8
AVRE Avantis Real Estate ETF 0.1 17 32 7.1 -4.8
SCHC Schwab International Small-Cap Equity ETF 0.1 11 38 6.9 -5.0
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.1 39 10 8.4 -3.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 0 7.3 -4.6
JPIN J.P. Morgan Diversified Return International Equity ETF 0.1 37 12 8.6 -3.3
APIE ActivePassive International Equity ETF 0.1 45 4 7.6 -4.3
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 2 5.7 -6.2
IUS Invesco RAFI Strategic US ETF 0.1 19 30 7.0 -4.9
GGME Invesco Next Gen Media and Gaming ETF 0.0 60 -11 4.6 -7.3
VPL Vanguard FTSE Pacific ETF 0.0 8 41 7.4 -4.5
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.0 24 25 7.6 -4.3
DFIS Dimensional International Small Cap ETF 0.0 39 10 7.6 -4.3
VEA Vanguard FTSE Developed Markets ETF 0.0 5 44 7.4 -4.5
HFXI IQ FTSE International Equity Currency Neutral ETF 0.0 20 29 7.2 -4.7
VGK Vanguard FTSE Europe ETF 0.0 11 38 7.3 -4.6
SCZ iShares MSCI EAFE Small-Cap ETF 0.0 40 9 7.2 -4.7
SPEU SPDR Portfolio Europe ETF 0.0 7 42 7.3 -4.6
SCHF Schwab International Equity ETF 0.0 6 43 7.5 -4.4
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 4 9.0 -2.9
DISV Dimensional International Small Cap Value ETF 0.0 42 7 9.6 -2.3
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 25 6.5 -5.4
DFIC Dimensional International Core Equity 2 ETF 0.0 23 26 7.7 -4.2
IPAC iShares Core MSCI Pacific ETF 0.0 9 40 6.9 -5.0
DFAI Dimensional International Core Equity Market ETF 0.0 18 31 7.3 -4.6
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 45 7.2 -4.7
IEFA iShares Core MSCI EAFE ETF 0.0 7 42 7.2 -4.7
AVDE Avantis International Equity ETF 0.0 23 26 7.7 -4.2
AVSD Avantis Responsible International Equity ETF 0.0 23 26 5.7 -6.2

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%.

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 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 8.8 %
Divided by: Fwd. P/BV 0.7 x
Less: Expense ratio 49 bp
Equals: ALTAR Score 11.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.57 CATEGORY
AVERAGE		 1.50
 
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.