SPDR S&P Emerging Markets Dividend ETF
ALTAR
Score™		 11.6% info Recommen-
dation		 OVERWEIGHT
2025E    2026E
P/E
ratio		 9.7x P/Sales
ratio		 0.8x
P/BV
ratio		 0.8x Div.
yield		 4.2%


  • 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) $644
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 103
Wgt avg mkt cap (mns) $24,512
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
SINO-AMERICAN SILICON PRODUC 5.7 %
CIA ENERGETICA MINAS GER-PRF 3.5 %
BANCO BRADESCO-ADR 2.4 %
PT TELEKOMUNIKASI INDONESIA, TBK C 2.4 %
CHINA CITIC BANK - H 2.3 %
CNPC HONG KONG LIMITED 2.3 %
FAR EASTERN TEXTILE 1.9 %
THAI BEVERAGE PCL 1.8 %
KIMBERLY-CLARK DE MEXICO-A 1.7 %
SINOPHARM GROUP CO-H 1.7 %
Total 25.7 %

TOP COUNTRY EXPOSURE
TAIWAN 21.0 %
CHINA 19.0 %
THAILAND 11.1 %
MALAYSIA 7.5 %
HONG KONG 6.6 %
BRAZIL 5.9 %
SAUDI ARABIA 5.4 %
MEXICO 5.3 %
UAE 4.1 %
QATAR 3.2 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
1.0% 12.0% 9.5% 4.4% 1.8%

Market Correlations
versus... Beta R-squared
S&P500 0.56 41%
MSCI EAFE 0.66 59%
MSCI Emg. Mkts. 0.79 84%

Technical Indicators
Recent close $35.90
30d moving avg. $36.23
Annualized volatility 14.9%
Short interest (ETF) 0.3%
Relative strength (RSI) 49

Liquidity measures
Avg. volume (thou.) 138
Turnover 0.8%
Bid/Ask (% of price) 0.27%
ADV underlying (mns) $1,240

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 239 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™: 11.6%


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 21.0 25 24 6.5 -5.1
EELV Invesco S&P Emerging Markets Low Volatility ETF 19.0 29 20 8.7 -2.9
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 17.0 40 9 5.6 -6.1
ROAM Hartford Multifactor Emerging Markets ETF 14.4 44 5 11.3 -0.3
DEM WisdomTree Emerging Markets High Dividend Fund 13.5 63 -14 13.6 +2.0
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 13.4 44 5 11.0 -0.6
SDEM Global X MSCI SuperDividend Emerging Markets ETF 13.2 67 -18 13.3 +1.7
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 13.0 30 19 9.3 -2.3
DVYE iShares Emerging Markets Dividend ETF 12.8 49 0 18.9 +7.3
UEVM VictoryShares Emerging Markets Value Momentum ETF 11.7 45 4 11.1 -0.6
EMXF iShares ESG Advanced MSCI EM ETF 11.5 16 33 8.4 -3.2
RNEM First Trust Emerging Markets Equity Select ETF 11.4 75 -26 1.0 -10.6
NUEM Nuveen ESG Emerging Markets Equity ETF 11.1 36 13 8.1 -3.5
EVLU iShares MSCI Emerging Markets Value Factor ETF 11.1 35 14 21.6 +9.9
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 10.7 39 10 16.9 +5.3
FDEM Fidelity Emerging Markets Multifactor ETF 10.2 25 24 13.5 +1.9
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 9.8 50 -1 11.6 -0.1
PXH Invesco FTSE RAFI Emerging Markets ETF 9.6 49 0 16.7 +5.0
EDOG ALPS Emerging Sector Dividend Dogs ETF 9.3 60 -11 11.0 -0.6
ECOW Pacer Emerging Markets Cash Cows 100 ETF 8.7 70 -21 15.8 +4.2
ECON Columbia Emerging Markets Consumer ETF 8.5 49 0 12.9 +1.3
FXI iShares China Large-Cap ETF 8.3 74 -25 18.1 +6.5
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 8.3 15 34 8.6 -3.0
LDEM iShares ESG MSCI EM Leaders ETF 8.2 17 32 12.9 +1.2
ASEA Global X FTSE Southeast Asia ETF 8.1 65 -16 6.9 -4.7
EMMF WisdomTree Emerging Markets Multifactor Fund 8.1 48 1 7.8 -3.9
XCEM Columbia EM Core ex-China ETF 8.0 16 33 8.5 -3.2
EMGF iShares Emerging Markets Equity Factor ETF 7.8 25 24 12.4 +0.8
JHEM John Hancock Multifactor Emerging Markets ETF 7.8 49 0 10.5 -1.1
DFEV Dimensional Emerging Markets Value ETF 7.6 43 6 14.5 +2.8
EWM iShares MSCI Malaysia ETF 7.6 50 -1 6.6 -5.1
DWX SPDR S&P International Dividend ETF 7.4 45 4 6.6 -5.1
RODE Hartford Multifactor Diversified International ETF 7.3 29 20 9.9 -1.7
FCA First Trust China AlphaDEX Fund 7.3 80 -31 11.3 -0.3
SCHE Schwab Emerging Markets Equity ETF 7.2 11 38 11.6 -0.1
GXC SPDR S&P China ETF 7.1 59 -10 16.7 +5.1
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 7.0 30 19 10.6 -1.1
ESGE iShares ESG Aware MSCI EM ETF 7.0 25 24 10.7 -0.9
MCHI iShares MSCI China ETF 6.8 59 -10 17.8 +6.2
GMF SPDR S&P Emerging Asia Pacific ETF 6.8 49 0 10.0 -1.6
SPEM SPDR Portfolio Emerging Markets ETF 6.7 7 42 10.9 -0.7
FLCH Franklin FTSE China ETF 6.6 19 30 17.2 +5.6
VWO Vanguard FTSE Emerging Markets ETF 6.5 8 41 10.9 -0.7
KALL KraneShares MSCI All China Index ETF 6.5 49 0 15.3 +3.7
EEM iShares MSCI Emerging Markets ETF 6.5 69 -20 10.7 -0.9
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 6.4 59 -10 13.7 +2.1
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 6.3 15 34 10.8 -0.9
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 6.3 66 -17 10.2 -1.5
THD iShares MSCI Thailand ETF 6.3 58 -9 5.1 -6.5
LEGR First Trust Indxx Innovative Transaction & Process ETF 6.3 65 -16 8.6 -3.1
BKEM BNY Mellon Emerging Markets Equity ETF 6.3 11 38 11.8 +0.2
EEMA iShares MSCI Emerging Markets Asia ETF 6.2 49 0 10.7 -0.9
DFAE Dimensional Emerging Core Equity Market ETF 6.1 35 14 10.2 -1.4
SCHY Schwab International Dividend Equity ETF 6.1 14 35 9.8 -1.8
AVEM Avantis Emerging Markets Equity ETF 6.0 33 16 9.7 -2.0
IEMG iShares Core MSCI Emerging Markets ETF 6.0 9 40 10.9 -0.7
GSIB Themes Global Systemically Important Banks ETF 6.0 35 14 12.4 +0.7
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 6.0 45 4 11.0 -0.6
EYLD Cambria Emerging Shareholder Yield ETF 5.8 66 -17 13.1 +1.5
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 5.7 36 13 11.2 -0.4
XCNY SPDR S&P Emerging Markets ex-China ETF 5.7 15 34 0.0 -11.6
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 5.6 32 17 7.0 -4.6
AAXJ iShares MSCI All Country Asia ex Japan ETF 5.6 70 -21 9.8 -1.8
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 5.6 24 25 8.3 -3.3
EWT iShares MSCI Taiwan ETF 5.5 58 -9 6.8 -4.8
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 5.5 20 29 11.3 -0.3
FID First Trust S&P International Dividend Aristocrats ETF 5.5 60 -11 9.1 -2.6
FLAX Franklin FTSE Asia Ex Japan ETF 5.5 19 30 10.8 -0.8
DFEM Dimensional Emerging Markets Core Equity 2 ETF 5.4 38 11 9.9 -1.7
EMXC iShares MSCI Emerging Markets ex China ETF 5.4 25 24 8.0 -3.7
FEM First Trust Emerging Markets AlphaDEX Fund 5.4 80 -31 13.8 +2.2
FLTW Franklin FTSE Taiwan ETF 5.3 19 30 7.0 -4.6
BKF iShares MSCI BIC ETF 5.3 69 -20 13.0 +1.4
AIA iShares Asia 50 ETF 5.1 50 -1 14.7 +3.1
FRDM Freedom 100 Emerging Markets ETF 5.0 49 0 9.1 -2.5
STXE Strive Emerging Markets Ex-China ETF 5.0 32 17 8.2 -3.5
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 5.0 41 8 9.4 -2.3
EWW iShares MSCI Mexico ETF 5.0 50 -1 9.6 -2.0
ACWV iShares MSCI Global Min Vol Factor ETF 4.8 20 29 7.6 -4.1
FLSA Franklin FTSE Saudi Arabia ETF 4.6 39 10 5.9 -5.7
WDIV SPDR S&P Global Dividend ETF 4.5 40 9 9.6 -2.0
KSA iShares MSCI Saudi Arabia ETF 4.5 74 -25 5.7 -5.9
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 4.3 58 -9 10.1 -1.5
DEHP Dimensional Emerging Markets High Profitability ETF 4.2 41 8 6.5 -5.1
UAE iShares MSCI UAE ETF 4.2 59 -10 9.0 -2.6
VIDI Vident International Equity Strategy ETF 4.1 61 -12 12.0 +0.4
ADIV SmartETFs Asia Pacific Dividend Builder ETF 4.0 78 -29 9.6 -2.0
JCHI JPMorgan Active China ETF 4.0 65 -16 16.8 +5.2
EMIF iShares Emerging Markets Infrastructure ETF 3.8 60 -11 7.9 -3.7
FLN First Trust Latin America AlphaDEX Fund 3.8 80 -31 10.6 -1.1
VYMI Vanguard International High Dividend Yield ETF 3.7 22 27 10.0 -1.6
EEMO Invesco S&P Emerging Markets Momentum ETF 3.6 29 20 6.2 -5.4
ILF iShares Latin America 40 ETF 3.6 48 1 13.5 +1.9
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 3.5 33 16 10.6 -1.0
AVES Avantis Emerging Markets Value ETF 3.5 36 13 12.2 +0.6
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 3.4 80 -31 13.6 +2.0
GVAL Cambria Global Value ETF 3.4 68 -19 11.3 -0.4
MEM Matthews Emerging Markets Equity Active ETF 3.3 79 -30 8.5 -3.1
QAT iShares MSCI Qatar ETF 3.3 59 -10 40.6 +29.0
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 3.2 90 -41 8.4 -3.2
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 3.0 95 -46 13.1 +1.5
EIDO iShares MSCI Indonesia ETF 2.9 59 -10 8.5 -3.2
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 2.9 60 -11 8.0 -3.7
PBD Invesco Global Clean Energy ETF 2.8 75 -26 0.4 -11.2
DEW WisdomTree Global High Dividend Fund 2.7 58 -9 7.7 -3.9
NXTG First Trust Indxx NextG ETF 2.7 70 -21 5.8 -5.8
FBZ First Trust Brazil AlphaDEX Fund 2.5 80 -31 13.4 +1.8
ECNS iShares MSCI China Small-Cap ETF 2.5 59 -10 10.8 -0.8
KURE KraneShares MSCI All China Health Care Index ETF 2.5 65 -16 3.2 -8.5
EEMS iShares MSCI Emerging Markets Small Cap ETF 2.5 70 -21 7.8 -3.8
FLMX Franklin FTSE Mexico ETF 2.4 19 30 9.9 -1.7
BRAZ Global X Brazil Active ETF 2.4 75 -26 13.1 +1.4
EMM Global X Emerging Markets ex-China ETF 2.4 75 -26 5.0 -6.6
XC WisdomTree Emerging Markets Ex-China Fund 2.4 32 17 5.5 -6.1
VSGX Vanguard ESG International Stock ETF 2.2 12 37 8.2 -3.5
EWX SPDR S&P Emerging Markets Small Cap ETF 2.2 65 -16 8.1 -3.6
SDIV Global X Superdividend ETF 2.2 58 -9 13.9 +2.3
SDG iShares MSCI Global Sustainable Development Goals ETF 2.1 49 0 6.0 -5.6
ACWX iShares MSCI ACWI ex U.S. ETF 1.9 34 15 8.1 -3.5
VEU Vanguard FTSE All-World ex-US Index Fund 1.9 8 41 8.5 -3.2
FTHF First Trust Emerging Markets Human Flourishing ETF 1.9 75 -26 9.8 -1.8
JSTC Adasina Social Justice All Cap Global ETF 1.9 89 -40 4.5 -7.1
CWI SPDR MSCI ACWI ex-US ETF 1.8 30 19 8.2 -3.4
VXUS Vanguard Total International Stock ETF 1.8 7 42 8.3 -3.3
IXUS iShares Core MSCI Total International Stock ETF 1.8 7 42 8.3 -3.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.8 41 8 7.1 -4.5
FLLA Franklin FTSE Latin America ETF 1.8 19 30 13.5 +1.9
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.7 32 17 9.6 -2.0
EMC Global X Emerging Markets Great Consumer ETF 1.7 75 -26 8.5 -3.2
IXG iShares Global Financials ETF 1.7 42 7 8.1 -3.5
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.7 18 31 8.1 -3.5
DGT SPDR Global Dow ETF 1.6 50 -1 8.1 -3.5
ICLN iShares Global Clean Energy ETF 1.6 41 8 6.4 -5.3
MCH Matthews China Active ETF 1.6 79 -30 15.3 +3.7
OBOR KraneShares MSCI One Belt One Road Index ETF 1.6 79 -30 7.7 -3.9
VCLN Virtus Duff & Phelps Clean Energy ETF 1.6 59 -10 6.2 -5.4
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.6 12 37 7.7 -3.9
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.5 30 19 8.6 -3.0
EPI WisdomTree India Earnings Fund 1.4 85 -36 4.7 -6.9
NFTY First Trust India NIFTY 50 Equal Weight ETF 1.4 80 -31 4.8 -6.8
ISHP First Trust Nasdaq Retail ETF 1.4 60 -11 5.5 -6.1
GREK Global X MSCI Greece ETF 1.4 57 -8 11.8 +0.1
AFK VanEck Africa Index ETF 1.3 98 -49 12.6 +1.0
INDY iShares India 50 ETF 1.2 89 -40 4.6 -7.0
SLX VanEck Steel ETF 1.1 56 -7 17.7 +6.1
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 1.1 88 -39 10.3 -1.3
EWZ iShares MSCI Brazil ETF 1.1 58 -9 13.7 +2.0
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.1 47 2 9.0 -2.7
GLOF iShares Global Equity Factor ETF 1.1 20 29 7.0 -4.6
EV Mast Global Battery Recycling & Production ETF 1.0 65 -16 11.6 -0.0
EPHE iShares MSCI Philippines ETF 1.0 59 -10 10.1 -1.5
ARVR First Trust Indxx Metaverse ETF 1.0 70 -21 5.9 -5.7
INDA iShares MSCI India ETF 1.0 65 -16 4.3 -7.3
EZA iShares MSCI South Africa ETF 1.0 58 -9 10.9 -0.7
FLBR Franklin FTSE Brazil ETF 1.0 19 30 15.3 +3.7
PIN Invesco India ETF 0.9 78 -29 4.3 -7.4
WWJD Inspire International ETF 0.9 80 -31 7.6 -4.1
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.9 10 39 7.5 -4.1
RWX SPDR Dow Jones International Real Estate ETF 0.9 59 -10 5.9 -5.7
IGRO iShares International Dividend Growth ETF 0.8 15 34 7.3 -4.3
MOO VanEck Agribusiness ETF 0.8 53 -4 10.8 -0.8
FLIN Franklin FTSE India ETF 0.8 19 30 3.9 -7.7
XT iShares Exponential Technologies ETF 0.8 46 3 5.5 -6.1
KGRN KraneShares MSCI China Clean Technology Index ETF 0.8 79 -30 3.8 -7.8
IGF iShares Global Infrastructure ETF 0.8 41 8 4.9 -6.7
BINV Brandes International ETF 0.8 70 -21 9.5 -2.1
GII SPDR S&P Global Infrastructure ETF 0.7 40 9 4.9 -6.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.7 20 29 6.3 -5.3
ACWI iShares MSCI ACWI ETF 0.7 32 17 6.1 -5.5
PGJ Invesco Golden Dragon China ETF 0.7 70 -21 13.9 +2.3
DSTX Distillate International Fundamental Stability & Value ETF 0.7 55 -6 8.4 -3.2
VT Vanguard Total World Stock ETF 0.7 7 42 6.4 -5.3
FEP First Trust Europe AlphaDEX Fund 0.7 80 -31 9.3 -2.3
FEUZ First Trust Eurozone AlphaDEX ETF 0.6 80 -31 9.2 -2.4
KNCT Invesco Next Gen Connectivity ETF 0.6 40 9 5.1 -6.6
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.6 7 42 7.0 -4.6
VIGI Vanguard International Dividend Appreciation ETF 0.6 15 34 6.2 -5.4
EMDM First Trust Bloomberg Emerging Market Democracies ETF 0.6 75 -26 10.3 -1.4
JIG JPMorgan International Growth ETF 0.6 55 -6 4.8 -6.8
OSEA Harbor International Compounders ETF 0.6 55 -6 4.7 -6.9
IDX VanEck Indonesia Index ETF 0.6 57 -8 8.4 -3.3
IQDF FlexShares International Quality Dividend Index Fund 0.5 47 2 9.5 -2.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.5 9 40 6.0 -5.7
KLMT Invesco MSCI Global Climate 500 ETF 0.5 10 39 6.1 -5.5
IQRA IQ CBRE Real Assets ETF 0.5 65 -16 2.7 -9.0
BLES Inspire Global Hope ETF 0.5 61 -12 6.9 -4.8
EPOL iShares MSCI Poland ETF 0.5 59 -10 11.6 -0.1
SMCF Themes US Small Cap Cash Flow Champions ETF 0.4 29 20 11.8 +0.2
IBAT iShares Energy Storage & Materials ETF 0.4 47 2 5.3 -6.3
CCNR ALPS CoreCommodity Natural Resources ETF 0.4 39 10 11.0 -0.6
IDRV iShares Self-driving EV & Tech ETF 0.4 47 2 2.5 -9.1
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.4 46 3 10.4 -1.2
CGDG Capital Group Dividend Growers ETF 0.4 47 2 6.3 -5.3
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.4 46 3 4.9 -6.7
IXP iShares Global Comm Services ETF 0.4 42 7 6.7 -4.9
VGSR Vert Global Sustainable Real Estate ETF 0.4 47 2 2.8 -8.8
EFRA iShares Environmental Infrastructure and Industrials ETF 0.3 47 2 4.4 -7.3
APIE ActivePassive International Equity ETF 0.3 45 4 7.7 -4.0
SNSR Global X Internet of Things ETF 0.3 68 -19 5.0 -6.6
REET iShares Global REIT ETF 0.3 14 35 3.3 -8.3
IPAV Global X Infrastructure Development ex-U.S. ETF 0.3 55 -6 4.5 -7.2
DFGR Dimensional Global Real Estate ETF 0.3 22 27 3.2 -8.5
RWO SPDR Dow Jones Global Real Estate ETF 0.2 50 -1 2.9 -8.8
VEGI iShares MSCI Agriculture Producers ETF 0.2 39 10 8.8 -2.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.2 12 37 5.2 -6.5
IWTR iShares MSCI Water Management Multisector ETF 0.2 47 2 6.5 -5.2
BLDG Cambria Global Real Estate ETF 0.2 60 -11 4.2 -7.4
IPKW Invesco International BuyBack Achievers ETF 0.2 55 -6 15.3 +3.7
FNDC Schwab Fundamental International Small Co. Index ETF 0.2 39 10 6.3 -5.3
TTAI FCF International Quality ETF 0.2 59 -10 6.9 -4.7
KXI iShares Global Consumer Staples ETF 0.2 41 8 5.4 -6.2
AVRE Avantis Real Estate ETF 0.1 17 32 3.3 -8.3
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.1 80 -31 10.0 -1.6
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.1 39 10 8.3 -3.3
SCHC Schwab International Small-Cap Equity ETF 0.1 11 38 7.1 -4.5
JPIN J.P. Morgan Diversified Return International Equity ETF 0.1 37 12 8.9 -2.7
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 0 7.3 -4.3
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 2 5.7 -6.0
IUS Invesco RAFI Strategic US ETF 0.1 19 30 7.3 -4.4
GGME Invesco Next Gen Media and Gaming ETF 0.0 60 -11 5.0 -6.7
VPL Vanguard FTSE Pacific ETF 0.0 8 41 7.7 -4.0
DFIS Dimensional International Small Cap ETF 0.0 39 10 7.9 -3.8
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.0 24 25 6.4 -5.2
VEA Vanguard FTSE Developed Markets ETF 0.0 5 44 7.6 -4.1
HFXI IQ FTSE International Equity Currency Neutral ETF 0.0 20 29 7.4 -4.2
SCZ iShares MSCI EAFE Small-Cap ETF 0.0 40 9 7.4 -4.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 4 9.3 -2.3
SPEU SPDR Portfolio Europe ETF 0.0 7 42 7.5 -4.2
VGK Vanguard FTSE Europe ETF 0.0 11 38 7.5 -4.1
SCHF Schwab International Equity ETF 0.0 6 43 7.7 -3.9
DISV Dimensional International Small Cap Value ETF 0.0 42 7 9.7 -2.0
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 25 6.6 -5.0
DFIC Dimensional International Core Equity 2 ETF 0.0 23 26 7.9 -3.7
IPAC iShares Core MSCI Pacific ETF 0.0 9 40 7.1 -4.5
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 45 7.4 -4.3
DFAI Dimensional International Core Equity Market ETF 0.0 18 31 7.6 -4.1
IEFA iShares Core MSCI EAFE ETF 0.0 7 42 7.4 -4.3
AVDE Avantis International Equity ETF 0.0 23 26 8.0 -3.7
AVSD Avantis Responsible International Equity ETF 0.0 23 26 6.8 -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%.

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 9.0 %
Divided by: Fwd. P/BV 0.7 x
Less: Expense ratio 49 bp
Equals: ALTAR Score 11.6 %
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.