SPDR S&P Emerging Markets Dividend ETF
ALTAR
Score™		 12.1% info Recommen-
dation		 OVERWEIGHT
2025E    2026E
P/E
ratio		 9.6x P/Sales
ratio		 0.7x
P/BV
ratio		 0.7x Div.
yield		 4.5%


  • 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) $908
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) $15,991
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
AMBEV-SA 3.6 %
PTT PCL-NVDR 3.5 %
BANCO DO BRASIL SA 3.2 %
SAUDI TELECOM CO. 3.0 %
NEDBANK GROUP LTD 2.6 %
STANDARD BANK GROUP LTD 2.3 %
EMBOTELLADORAS ARCA SAB-NOM 2.2 %
CHUNGHWA TELECOM CO., LTD 2.2 %
TENAGA NASIONAL BHD 2.1 %
ITC LTD 2.1 %
Total 26.8 %

TOP COUNTRY EXPOSURE
TAIWAN 21.1 %
THAILAND 13.0 %
SOUTH AFRICA 11.3 %
MALAYSIA 10.9 %
BRAZIL 9.0 %
CHINA 7.3 %
SAUDI ARABIA 4.8 %
MEXICO 4.0 %
UAE 2.4 %
INDIA 2.1 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
14.0% 12.3% 14.8% 8.2% 2.6%

Market Correlations
versus... Beta R-squared
S&P500 0.56 36%
MSCI EAFE 0.55 44%
MSCI Emg. Mkts. 0.63 70%

Technical Indicators
Recent close $38.56
30d moving avg. $38.69
Annualized volatility 12.1%
Short interest (ETF) 0.1%
Relative strength (RSI) 51

Liquidity measures
Avg. volume (thou.) 90
Turnover 0.4%
Bid/Ask (% of price) 0.29%
ADV underlying (mns) $1,240

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 221 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™: 12.1%


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
(%)
EELV Invesco S&P Emerging Markets Low Volatility ETF 18.6 29 20 9.2 -2.8
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 15.5 25 24 6.4 -5.6
DWX SPDR S&P International Dividend ETF 13.6 45 4 6.3 -5.8
ASEA Global X FTSE Southeast Asia ETF 12.3 65 -16 6.6 -5.4
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 11.1 40 9 6.8 -5.3
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 10.9 44 5 10.4 -1.6
EWM iShares MSCI Malaysia ETF 9.7 50 -1 6.8 -5.3
EZA iShares MSCI South Africa ETF 9.4 58 -9 9.4 -2.6
THD iShares MSCI Thailand ETF 9.4 58 -9 0.0 -12.1
EMMF WisdomTree Emerging Markets Multifactor Fund 9.2 48 1 7.2 -4.8
DEM WisdomTree Emerging Markets High Dividend Fund 8.9 63 -14 13.6 +1.5
XCEM Columbia EM Core ex-China ETF 8.4 16 33 7.7 -4.4
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 8.3 30 19 8.9 -3.2
ROAM Hartford Multifactor Emerging Markets ETF 8.0 44 5 11.5 -0.5
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 8.0 32 17 6.6 -5.5
FRDM Freedom 100 Emerging Markets ETF 7.8 49 0 7.5 -4.6
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 7.7 24 25 7.4 -4.7
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 6.6 39 10 15.6 +3.5
EYLD Cambria Emerging Shareholder Yield ETF 6.3 66 -17 12.3 +0.2
FTHF First Trust Emerging Markets Human Flourishing ETF 6.2 75 -26 7.5 -4.6
EMXF iShares ESG Advanced MSCI EM ETF 6.2 16 33 8.1 -4.0
FLTW Franklin FTSE Taiwan ETF 6.2 19 30 6.1 -6.0
FLBR Franklin FTSE Brazil ETF 6.1 19 30 14.0 +1.9
RNEM First Trust Emerging Markets Equity Select ETF 5.8 75 -26 7.8 -4.3
AFK VanEck Africa Index ETF 5.8 98 -49 11.5 -0.6
UEVM VictoryShares Emerging Markets Value Momentum ETF 5.7 45 4 10.6 -1.5
XCNY SPDR S&P Emerging Markets ex-China ETF 5.7 15 34 7.4 -4.6
STXE Strive Emerging Markets Ex-China ETF 5.6 32 17 7.2 -4.9
FDEM Fidelity Emerging Markets Multifactor ETF 5.5 25 24 12.5 +0.4
JHEM John Hancock Multifactor Emerging Markets ETF 5.4 49 0 9.6 -2.5
ECON Columbia Emerging Markets Consumer ETF 5.4 49 0 11.5 -0.6
EWT iShares MSCI Taiwan ETF 5.4 58 -9 6.1 -6.0
EMXC iShares MSCI Emerging Markets ex China ETF 5.4 25 24 7.1 -5.0
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 5.3 15 34 7.4 -4.7
PXH Invesco FTSE RAFI Emerging Markets ETF 5.2 49 0 15.2 +3.2
EMDM First Trust Bloomberg Emerging Market Democracies ETF 5.1 75 -26 8.4 -3.7
FLLA Franklin FTSE Latin America ETF 5.1 19 30 12.4 +0.3
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 5.1 50 -1 10.7 -1.4
EWZ iShares MSCI Brazil ETF 5.1 58 -9 12.6 +0.6
SCHY Schwab International Dividend Equity ETF 5.0 14 35 9.7 -2.3
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 4.8 20 29 9.7 -2.4
ECOW Pacer Emerging Markets Cash Cows 100 ETF 4.7 70 -21 12.7 +0.7
LDEM iShares ESG MSCI EM Leaders ETF 4.7 17 32 13.5 +1.4
SDEM Global X MSCI SuperDividend Emerging Markets ETF 4.5 67 -18 13.2 +1.2
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 4.5 15 34 9.7 -2.4
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 4.5 66 -17 8.9 -3.2
DEXC Dimensional Emerging Markets ex China Core EquityETF 4.5 53 -4 7.4 -4.6
DVYE iShares Emerging Markets Dividend ETF 4.5 49 0 18.4 +6.3
SCHE Schwab Emerging Markets Equity ETF 4.5 11 38 10.6 -1.5
AVXC Avantis Emerging Markets Ex-China Equity ETF 4.4 33 16 8.2 -3.9
BKEM BNY Mellon Emerging Markets Equity ETF 4.4 11 38 9.5 -2.5
NUEM Nuveen ESG Emerging Markets Equity ETF 4.3 36 13 7.5 -4.6
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 4.2 59 -10 8.5 -3.6
DEHP Dimensional Emerging Markets High Profitability ETF 4.2 41 8 6.3 -5.7
VWO Vanguard FTSE Emerging Markets ETF 4.2 7 42 9.9 -2.2
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 4.2 30 19 9.7 -2.3
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 4.2 45 4 9.8 -2.3
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 4.2 58 -9 10.0 -2.1
XC WisdomTree Emerging Markets Ex-China Fund 4.1 32 17 6.3 -5.8
KSA iShares MSCI Saudi Arabia ETF 4.1 74 -25 0.0 -12.1
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 4.1 90 -41 6.8 -5.3
ESGE iShares ESG Aware MSCI EM ETF 4.0 25 24 9.6 -2.5
EEM iShares MSCI Emerging Markets ETF 4.0 69 -20 9.6 -2.4
EWW iShares MSCI Mexico ETF 4.0 50 -1 9.7 -2.4
SPEM SPDR Portfolio Emerging Markets ETF 4.0 7 42 10.2 -1.9
AVES Avantis Emerging Markets Value ETF 4.0 36 13 10.8 -1.3
EDOG ALPS Emerging Sector Dividend Dogs ETF 4.0 60 -11 10.6 -1.5
FLSA Franklin FTSE Saudi Arabia ETF 3.9 39 10 0.0 -12.1
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 3.8 33 16 9.4 -2.7
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 3.8 36 13 9.2 -2.8
IEMG iShares Core MSCI Emerging Markets ETF 3.7 9 40 9.9 -2.2
DFAE Dimensional Emerging Core Equity Market ETF 3.6 35 14 8.8 -3.2
EVLU iShares MSCI Emerging Markets Value Factor ETF 3.5 35 14 16.5 +4.4
FLMX Franklin FTSE Mexico ETF 3.5 19 30 10.0 -2.0
FEM First Trust Emerging Markets AlphaDEX Fund 3.5 80 -31 11.2 -0.9
EMGF iShares Emerging Markets Equity Factor ETF 3.4 25 24 11.0 -1.0
AVEM Avantis Emerging Markets Equity ETF 3.2 33 16 8.2 -3.9
DFEM Dimensional Emerging Markets Core Equity 2 ETF 3.2 38 11 8.8 -3.2
RODE Hartford Multifactor Diversified International ETF 3.2 29 20 11.5 -0.6
FLN First Trust Latin America AlphaDEX Fund 3.2 80 -31 10.0 -2.1
ILF iShares Latin America 40 ETF 3.1 48 1 12.1 -0.0
AVSE Avantis Responsible Emerging Markets Equity ETF 3.1 33 16 8.1 -4.0
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 3.1 32 17 8.7 -3.4
VIDI Vident International Equity Strategy ETF 3.0 61 -12 10.5 -1.6
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 2.8 41 8 8.4 -3.7
ACWV iShares MSCI Global Min Vol Factor ETF 2.8 20 29 6.3 -5.8
GMF SPDR S&P Emerging Asia Pacific ETF 2.8 49 0 9.2 -2.9
FLAX Franklin FTSE Asia Ex Japan ETF 2.8 19 30 8.7 -3.4
VYMI Vanguard International High Dividend Yield ETF 2.8 17 32 9.6 -2.5
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 2.7 88 -39 8.2 -3.9
ADIV SmartETFs Asia Pacific Dividend Builder ETF 2.7 78 -29 9.4 -2.7
EEMA iShares MSCI Emerging Markets Asia ETF 2.7 49 0 9.5 -2.6
DFEV Dimensional Emerging Markets Value ETF 2.7 43 6 12.6 +0.6
JCHI JPMorgan Active China ETF 2.6 65 -16 14.9 +2.8
AAXJ iShares MSCI All Country Asia ex Japan ETF 2.4 70 -21 8.7 -3.3
UAE iShares MSCI UAE ETF 2.4 59 -10 0.0 -12.1
EEMO Invesco S&P Emerging Markets Momentum ETF 2.4 29 20 6.5 -5.6
SDG iShares MSCI Global Sustainable Development Goals ETF 2.3 49 0 5.7 -6.4
EMM Global X Emerging Markets ex-China ETF 2.3 75 -26 6.0 -6.1
NXTG First Trust Indxx NextG ETF 2.2 70 -21 4.9 -7.2
MOTI VanEck Morningstar International Moat ETF 2.2 58 -9 11.9 -0.2
FCA First Trust China AlphaDEX Fund 2.2 80 -31 8.0 -4.0
INCO Columbia India Consumer ETF 2.1 75 -26 2.0 -10.1
INDY iShares India 50 ETF 2.1 89 -40 5.0 -7.0
AVEE Avantis Emerging Markets Small Cap Equity ETF 2.1 42 7 9.7 -2.4
WWJD Inspire International ETF 2.1 80 -31 7.3 -4.8
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.0 47 2 8.0 -4.1
JSTC Adasina Social Justice All Cap Global ETF 2.0 89 -40 4.9 -7.2
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 2.0 60 -11 8.3 -3.8
MOTG VanEck Morningstar Global Wide Moat ETF 1.8 52 -3 7.7 -4.4
EWX SPDR S&P Emerging Markets Small Cap ETF 1.8 65 -16 7.8 -4.2
EEMS iShares MSCI Emerging Markets Small Cap ETF 1.8 70 -21 7.6 -4.5
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 1.7 95 -46 11.3 -0.8
NFTY First Trust India NIFTY 50 Equal Weight ETF 1.7 80 -31 5.2 -6.9
ISHP First Trust Nasdaq Retail ETF 1.7 60 -11 5.7 -6.4
QAT iShares MSCI Qatar ETF 1.7 59 -10 50.1 +38.0
DEW WisdomTree Global High Dividend Fund 1.7 58 -9 8.5 -3.6
MEM Matthews Emerging Markets Equity Active ETF 1.6 79 -30 7.4 -4.7
EMC Global X Emerging Markets Great Consumer ETF 1.6 75 -26 11.0 -1.1
OBOR KraneShares MSCI One Belt One Road Index ETF 1.5 79 -30 8.7 -3.4
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.4 65 -16 7.6 -4.5
FXI iShares China Large-Cap ETF 1.4 74 -25 18.5 +6.4
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 1.4 80 -31 14.5 +2.5
VSGX Vanguard ESG International Stock ETF 1.3 10 39 7.5 -4.6
BKF iShares MSCI BIC ETF 1.3 69 -20 13.5 +1.4
FID First Trust S&P International Dividend Aristocrats ETF 1.3 60 -11 8.0 -4.1
KALL KraneShares MSCI All China Index ETF 1.3 49 0 15.2 +3.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.3 41 8 7.1 -5.0
ACWX iShares MSCI ACWI ex U.S. ETF 1.2 34 15 7.5 -4.6
IGRO iShares International Dividend Growth ETF 1.2 15 34 7.3 -4.8
VEU Vanguard FTSE All-World ex-US Index Fund 1.2 4 45 7.9 -4.2
VXUS Vanguard Total International Stock ETF 1.2 5 44 7.7 -4.4
IXUS iShares Core MSCI Total International Stock ETF 1.2 7 42 7.7 -4.4
EPHE iShares MSCI Philippines ETF 1.1 59 -10 0.0 -12.1
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.1 18 31 7.8 -4.3
GREK Global X MSCI Greece ETF 1.1 57 -8 11.4 -0.7
RFEU First Trust Riverfront Dynamic Europe ETF 1.1 83 -34 10.4 -1.7
BLES Inspire Global Hope ETF 1.1 61 -12 6.8 -5.3
CWI SPDR MSCI ACWI ex-US ETF 1.0 30 19 7.4 -4.7
ARVR First Trust Indxx Metaverse ETF 1.0 70 -21 3.9 -8.2
EIDO iShares MSCI Indonesia ETF 1.0 59 -10 8.2 -3.9
IDX VanEck Indonesia Index ETF 1.0 57 -8 7.2 -4.9
OSEA Harbor International Compounders ETF 1.0 55 -6 4.8 -7.3
WDIV SPDR S&P Global Dividend ETF 1.0 40 9 9.4 -2.7
IQDF FlexShares International Quality Dividend Index Fund 1.0 47 2 8.8 -3.2
MCHI iShares MSCI China ETF 1.0 59 -10 17.1 +5.1
BINV Brandes International ETF 1.0 70 -21 9.2 -2.9
FLCH Franklin FTSE China ETF 1.0 19 30 15.5 +3.4
RCGE RockCreek Global Equality ETF 1.0 95 -46 6.8 -5.3
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.0 30 19 7.7 -4.4
EMIF iShares Emerging Markets Infrastructure ETF 0.9 60 -11 4.9 -7.2
INDA iShares MSCI India ETF 0.9 65 -16 4.7 -7.4
JIG JPMorgan International Growth ETF 0.9 55 -6 4.6 -7.5
FLIN Franklin FTSE India ETF 0.9 19 30 4.2 -7.9
VIGI Vanguard International Dividend Appreciation ETF 0.9 10 39 6.5 -5.6
PIN Invesco India ETF 0.9 78 -29 4.8 -7.3
GVAL Cambria Global Value ETF 0.8 68 -19 10.2 -1.8
GXC SPDR S&P China ETF 0.8 59 -10 15.0 +3.0
RFDI First Trust Riverfront Dynamic Developed International ETF 0.8 83 -34 9.3 -2.7
EPI WisdomTree India Earnings Fund 0.7 85 -36 5.2 -6.9
PBD Invesco Global Clean Energy ETF 0.7 75 -26 -0.4 -12.5
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.7 10 39 8.2 -3.9
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 0.7 80 -31 8.5 -3.6
FEUZ First Trust Eurozone AlphaDEX ETF 0.7 80 -31 9.1 -3.0
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.7 12 37 8.2 -3.9
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.6 8 41 6.1 -6.0
IGF iShares Global Infrastructure ETF 0.6 41 8 4.7 -7.4
CGDG Capital Group Dividend Growers ETF 0.6 47 2 6.2 -5.8
GII SPDR S&P Global Infrastructure ETF 0.5 40 9 4.7 -7.4
RWX SPDR Dow Jones International Real Estate ETF 0.5 59 -10 7.0 -5.1
FEP First Trust Europe AlphaDEX Fund 0.5 80 -31 9.0 -3.1
WRND IQ Global Equity R&D Leaders ETF 0.5 18 31 7.7 -4.3
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.4 80 -31 9.2 -2.9
ACWI iShares MSCI ACWI ETF 0.4 32 17 5.4 -6.7
VT Vanguard Total World Stock ETF 0.4 6 43 5.7 -6.4
IPAV Global X Infrastructure Development ex-U.S. ETF 0.4 55 -6 7.6 -4.4
AIA iShares Asia 50 ETF 0.4 50 -1 11.3 -0.8
VGSR Vert Global Sustainable Real Estate ETF 0.4 47 2 7.6 -4.5
EPOL iShares MSCI Poland ETF 0.4 59 -10 10.9 -1.2
ECNS iShares MSCI China Small-Cap ETF 0.4 59 -10 8.4 -3.7
REET iShares Global REIT ETF 0.4 14 35 7.6 -4.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.4 20 29 5.5 -6.6
CLNR IQ Cleaner Transport ETF 0.3 45 4 6.7 -5.4
IXP iShares Global Comm Services ETF 0.3 42 7 5.5 -6.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.3 12 37 5.0 -7.1
DFGR Dimensional Global Real Estate ETF 0.3 22 27 7.6 -4.4
KLMT Invesco MSCI Global Climate 500 ETF 0.3 10 39 5.6 -6.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.3 9 40 5.5 -6.6
TTAI FCF International Quality ETF 0.3 59 -10 7.4 -4.6
RWO SPDR Dow Jones Global Real Estate ETF 0.3 50 -1 7.1 -5.0
GCOW Pacer Global Cash Cows Dividend ETF 0.2 60 -11 11.1 -1.0
GLOF iShares Global Equity Factor ETF 0.2 20 29 6.3 -5.8
SNSR Global X Internet of Things ETF 0.2 68 -19 4.6 -7.5
XT iShares Exponential Technologies ETF 0.2 46 3 4.6 -7.5
BRF VanEck Brazil Small-Cap ETF 0.2 66 -17 11.1 -1.0
EWZS iShares MSCI Brazil Small-Cap ETF 0.2 59 -10 10.0 -2.1
KNCT Invesco Next Gen Connectivity ETF 0.2 40 9 4.3 -7.8
SPRE SP Funds S&P Global REIT Sharia ETF 0.1 55 -6 6.2 -5.9
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 2 5.9 -6.2
EFRA iShares Environmental Infrastructure and Industrials ETF 0.1 47 2 5.4 -6.7
KXI iShares Global Consumer Staples ETF 0.1 41 8 5.8 -6.3
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.1 42 7 7.1 -5.0
JPIN J.P. Morgan Diversified Return International Equity ETF 0.1 37 12 8.3 -3.8
SCHC Schwab International Small-Cap Equity ETF 0.1 11 38 6.6 -5.5
IXG iShares Global Financials ETF 0.1 42 7 6.7 -5.4
AVRE Avantis Real Estate ETF 0.1 17 32 7.4 -4.7
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 0 6.9 -5.2
PICK iShares MSCI Global Metals & Mining Producers ETF 0.0 39 10 11.3 -0.8
FNDC Schwab Fundamental International Small Co. Index ETF 0.0 39 10 5.8 -6.3
FTRI First Trust Indxx Global Natural Resources Income ETF 0.0 70 -21 7.7 -4.3
GGME Invesco Next Gen Media and Gaming ETF 0.0 60 -11 4.3 -7.8
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.0 24 25 7.5 -4.5
VPL Vanguard FTSE Pacific ETF 0.0 7 42 6.5 -5.5
HFXI IQ FTSE International Equity Currency Neutral ETF 0.0 20 29 6.8 -5.3
VEA Vanguard FTSE Developed Markets ETF 0.0 3 46 7.1 -5.0
VGK Vanguard FTSE Europe ETF 0.0 6 43 7.5 -4.6
SPEU SPDR Portfolio Europe ETF 0.0 7 42 7.4 -4.7
SCHF Schwab International Equity ETF 0.0 6 43 7.1 -5.0
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 10 7.9 -4.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 4 8.6 -3.4
SDIV Global X Superdividend ETF 0.0 58 -9 41.7 +29.6

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 8.9 %
Divided by: Fwd. P/BV 0.7 x
Less: Expense ratio 49 bp
Equals: ALTAR Score 12.1 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.60 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.