SPDR S&P Emerging Markets Dividend ETF
ALTAR
Score™		 11.6% info Recommen-
dation		 OVERWEIGHT
2025E    2026E
P/E
ratio		 9.9x P/Sales
ratio		 0.8x
P/BV
ratio		 0.8x Div.
yield		 4.3%


  • 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) $895
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 100
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
PTT PCL-NVDR 4.0 %
AMBEV-SA 3.8 %
BANCO DO BRASIL SA 3.4 %
SAUDI TELECOM CO. 3.2 %
EMBOTELLADORAS ARCA SAB-NOM 2.4 %
NEDBANK GROUP LTD 2.3 %
CHUNGHWA TELECOM CO., LTD 2.2 %
TENAGA NASIONAL BHD 2.2 %
ITC LTD 2.1 %
STANDARD BANK GROUP LTD 2.1 %
Total 27.6 %

TOP COUNTRY EXPOSURE
TAIWAN 21.3 %
THAILAND 13.3 %
SOUTH AFRICA 10.5 %
MALAYSIA 10.3 %
BRAZIL 9.3 %
CHINA 6.8 %
SAUDI ARABIA 4.9 %
MEXICO 4.2 %
UAE 2.1 %
INDIA 2.1 %

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.
12.2% 10.5% 13.7% 8.0% 2.5%

Market Correlations
versus... Beta R-squared
S&P500 0.57 40%
MSCI EAFE 0.58 47%
MSCI Emg. Mkts. 0.73 79%

Technical Indicators
Recent close $39.76
30d moving avg. $38.71
Annualized volatility 13.8%
Short interest (ETF) 0.3%
Relative strength (RSI) 59

Liquidity measures
Avg. volume (thou.) 114
Turnover 0.5%
Bid/Ask (% of price) 0.27%
ADV underlying (mns) $1,240

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 218 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
(%)
EELV Invesco S&P Emerging Markets Low Volatility ETF 18.5 29 20 9.1 -2.6
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 15.7 25 24 6.5 -5.2
DWX SPDR S&P International Dividend ETF 13.4 45 4 6.1 -5.6
ASEA Global X FTSE Southeast Asia ETF 12.2 65 -16 6.6 -5.0
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 11.0 40 9 6.9 -4.8
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 10.9 44 5 10.4 -1.3
THD iShares MSCI Thailand ETF 10.2 58 -9 0.0 -11.6
EWM iShares MSCI Malaysia ETF 9.2 50 -1 6.7 -4.9
EMMF WisdomTree Emerging Markets Multifactor Fund 9.1 48 1 7.3 -4.4
DEM WisdomTree Emerging Markets High Dividend Fund 8.9 63 -14 13.0 +1.4
EZA iShares MSCI South Africa ETF 8.9 58 -9 9.8 -1.8
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 8.4 30 19 8.9 -2.7
XCEM Columbia EM Core ex-China ETF 8.4 16 33 8.1 -3.6
FRDM Freedom 100 Emerging Markets ETF 8.0 49 0 8.1 -3.5
ROAM Hartford Multifactor Emerging Markets ETF 8.0 44 5 11.8 +0.2
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 7.9 32 17 6.8 -4.9
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 7.7 24 25 7.8 -3.8
EYLD Cambria Emerging Shareholder Yield ETF 7.1 66 -17 12.2 +0.6
EMXF iShares ESG Advanced MSCI EM ETF 6.4 16 33 8.3 -3.4
FTHF First Trust Emerging Markets Human Flourishing ETF 6.4 75 -26 8.1 -3.6
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 6.3 39 10 15.7 +4.1
FLTW Franklin FTSE Taiwan ETF 6.2 19 30 6.5 -5.2
FLBR Franklin FTSE Brazil ETF 6.1 19 30 13.9 +2.3
FLN First Trust Latin America AlphaDEX Fund 6.1 80 -31 10.0 -1.7
RNEM First Trust Emerging Markets Equity Select ETF 5.8 75 -26 7.5 -4.1
STXE Strive Emerging Markets Ex-China ETF 5.8 32 17 7.6 -4.1
XCNY SPDR S&P Emerging Markets ex-China ETF 5.8 15 34 7.5 -4.1
EWT iShares MSCI Taiwan ETF 5.8 58 -9 6.4 -5.3
UEVM VictoryShares Emerging Markets Value Momentum ETF 5.7 45 4 10.5 -1.1
EMXC iShares MSCI Emerging Markets ex China ETF 5.7 25 24 7.5 -4.2
FDEM Fidelity Emerging Markets Multifactor ETF 5.6 25 24 12.2 +0.6
JHEM John Hancock Multifactor Emerging Markets ETF 5.5 49 0 9.8 -1.8
ECON Columbia Emerging Markets Consumer ETF 5.4 49 0 11.9 +0.3
EWZ iShares MSCI Brazil ETF 5.4 58 -9 12.6 +1.0
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 5.3 15 34 7.6 -4.0
AFK VanEck Africa Index ETF 5.3 98 -49 11.5 -0.1
EMDM First Trust Bloomberg Emerging Market Democracies ETF 5.3 75 -26 9.1 -2.5
FLLA Franklin FTSE Latin America ETF 5.1 19 30 12.4 +0.8
SCHY Schwab International Dividend Equity ETF 5.0 14 35 9.7 -2.0
PXH Invesco FTSE RAFI Emerging Markets ETF 5.0 49 0 15.1 +3.5
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 5.0 50 -1 10.6 -1.0
ECOW Pacer Emerging Markets Cash Cows 100 ETF 4.9 70 -21 13.0 +1.4
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 4.8 20 29 10.3 -1.4
DEXC Dimensional Emerging Markets ex China Core EquityETF 4.7 53 -4 7.6 -4.0
LDEM iShares ESG MSCI EM Leaders ETF 4.7 17 32 13.3 +1.7
SCHE Schwab Emerging Markets Equity ETF 4.6 11 38 10.6 -1.1
FEM First Trust Emerging Markets AlphaDEX Fund 4.6 80 -31 10.9 -0.7
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 4.5 66 -17 9.2 -2.4
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 4.5 15 34 9.9 -1.8
DEHP Dimensional Emerging Markets High Profitability ETF 4.5 41 8 6.5 -5.2
SDEM Global X MSCI SuperDividend Emerging Markets ETF 4.5 67 -18 13.5 +1.9
AVXC Avantis Emerging Markets Ex-China Equity ETF 4.4 33 16 8.4 -3.2
BKEM BNY Mellon Emerging Markets Equity ETF 4.4 11 38 9.6 -2.0
VWO Vanguard FTSE Emerging Markets ETF 4.3 7 42 9.8 -1.8
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 4.3 30 19 10.0 -1.6
DVYE iShares Emerging Markets Dividend ETF 4.3 49 0 18.4 +6.8
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 4.3 59 -10 8.5 -3.1
NUEM Nuveen ESG Emerging Markets Equity ETF 4.3 36 13 7.7 -4.0
EWW iShares MSCI Mexico ETF 4.2 50 -1 9.6 -2.1
KSA iShares MSCI Saudi Arabia ETF 4.2 74 -25 0.0 -11.6
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 4.2 45 4 10.0 -1.7
EEM iShares MSCI Emerging Markets ETF 4.2 69 -20 9.9 -1.7
ESGE iShares ESG Aware MSCI EM ETF 4.1 25 24 9.8 -1.9
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 4.1 58 -9 9.5 -2.1
XC WisdomTree Emerging Markets Ex-China Fund 4.1 32 17 6.2 -5.5
SPEM SPDR Portfolio Emerging Markets ETF 4.0 7 42 10.2 -1.4
FLSA Franklin FTSE Saudi Arabia ETF 4.0 39 10 0.0 -11.6
AVES Avantis Emerging Markets Value ETF 4.0 36 13 10.7 -0.9
IEMG iShares Core MSCI Emerging Markets ETF 3.9 9 40 10.1 -1.5
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 3.8 33 16 9.7 -2.0
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 3.8 36 13 9.4 -2.2
FLMX Franklin FTSE Mexico ETF 3.8 19 30 9.9 -1.7
EDOG ALPS Emerging Sector Dividend Dogs ETF 3.8 60 -11 10.3 -1.3
DFAE Dimensional Emerging Core Equity Market ETF 3.7 35 14 9.0 -2.7
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 3.7 90 -41 6.7 -4.9
EMGF iShares Emerging Markets Equity Factor ETF 3.7 25 24 11.3 -0.3
EVLU iShares MSCI Emerging Markets Value Factor ETF 3.7 35 14 17.5 +5.9
ILF iShares Latin America 40 ETF 3.5 48 1 12.3 +0.7
DFEM Dimensional Emerging Markets Core Equity 2 ETF 3.3 38 11 8.9 -2.7
AVEM Avantis Emerging Markets Equity ETF 3.3 33 16 8.4 -3.3
RODE Hartford Multifactor Diversified International ETF 3.2 29 20 11.4 -0.2
AVSE Avantis Responsible Emerging Markets Equity ETF 3.1 33 16 8.1 -3.5
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 3.1 32 17 8.8 -2.8
ADIV SmartETFs Asia Pacific Dividend Builder ETF 3.0 78 -29 9.1 -2.6
VIDI Vident International Equity Strategy ETF 3.0 61 -12 10.7 -0.9
GMF SPDR S&P Emerging Asia Pacific ETF 2.9 49 0 9.1 -2.5
EEMA iShares MSCI Emerging Markets Asia ETF 2.9 49 0 9.8 -1.9
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 2.9 41 8 8.4 -3.3
FLAX Franklin FTSE Asia Ex Japan ETF 2.9 19 30 8.9 -2.7
ACWV iShares MSCI Global Min Vol Factor ETF 2.9 20 29 6.2 -5.5
VYMI Vanguard International High Dividend Yield ETF 2.8 17 32 9.4 -2.2
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 2.7 88 -39 8.5 -3.2
DFEV Dimensional Emerging Markets Value ETF 2.6 43 6 12.9 +1.3
AAXJ iShares MSCI All Country Asia ex Japan ETF 2.6 70 -21 8.9 -2.7
JCHI JPMorgan Active China ETF 2.4 65 -16 14.4 +2.8
SDG iShares MSCI Global Sustainable Development Goals ETF 2.4 49 0 5.7 -5.9
MOTI VanEck Morningstar International Moat ETF 2.3 58 -9 11.7 +0.1
NXTG First Trust Indxx NextG ETF 2.3 70 -21 5.2 -6.5
UAE iShares MSCI UAE ETF 2.1 59 -10 0.0 -11.6
AVEE Avantis Emerging Markets Small Cap Equity ETF 2.1 42 7 9.4 -2.2
INCO Columbia India Consumer ETF 2.1 75 -26 1.9 -9.8
INDY iShares India 50 ETF 2.1 89 -40 5.0 -6.7
WWJD Inspire International ETF 2.1 80 -31 7.2 -4.4
FCA First Trust China AlphaDEX Fund 2.0 80 -31 7.9 -3.8
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.0 47 2 8.2 -3.4
JSTC Adasina Social Justice All Cap Global ETF 2.0 89 -40 4.8 -6.8
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 2.0 60 -11 8.1 -3.6
MOTG VanEck Morningstar Global Wide Moat ETF 1.8 52 -3 7.5 -4.1
EEMS iShares MSCI Emerging Markets Small Cap ETF 1.7 70 -21 7.5 -4.1
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 1.7 95 -46 11.4 -0.3
EMM Global X Emerging Markets ex-China ETF 1.7 75 -26 6.3 -5.4
ISHP First Trust Nasdaq Retail ETF 1.7 60 -11 5.2 -6.4
NFTY First Trust India NIFTY 50 Equal Weight ETF 1.7 80 -31 5.1 -6.6
DEW WisdomTree Global High Dividend Fund 1.7 58 -9 8.3 -3.3
MEM Matthews Emerging Markets Equity Active ETF 1.6 79 -30 7.5 -4.2
QAT iShares MSCI Qatar ETF 1.6 59 -10 46.1 +34.5
EWX SPDR S&P Emerging Markets Small Cap ETF 1.5 65 -16 7.6 -4.0
EEMO Invesco S&P Emerging Markets Momentum ETF 1.5 29 20 6.3 -5.3
OBOR KraneShares MSCI One Belt One Road Index ETF 1.4 79 -30 8.8 -2.8
FXI iShares China Large-Cap ETF 1.4 74 -25 17.4 +5.8
VSGX Vanguard ESG International Stock ETF 1.3 10 39 7.5 -4.1
BKF iShares MSCI BIC ETF 1.3 69 -20 13.0 +1.4
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.3 41 8 7.4 -4.2
VEU Vanguard FTSE All-World ex-US Index Fund 1.3 4 45 8.0 -3.7
KALL KraneShares MSCI All China Index ETF 1.3 49 0 15.0 +3.4
ACWX iShares MSCI ACWI ex U.S. ETF 1.3 34 15 7.6 -4.1
VXUS Vanguard Total International Stock ETF 1.2 5 44 7.7 -3.9
IXUS iShares Core MSCI Total International Stock ETF 1.2 7 42 7.8 -3.9
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.2 65 -16 7.8 -3.8
EMC Global X Emerging Markets Great Consumer ETF 1.2 75 -26 10.6 -1.0
EPHE iShares MSCI Philippines ETF 1.2 59 -10 0.0 -11.6
FID First Trust S&P International Dividend Aristocrats ETF 1.1 60 -11 7.8 -3.8
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.1 18 31 7.8 -3.8
GREK Global X MSCI Greece ETF 1.1 57 -8 10.9 -0.7
RFEU First Trust Riverfront Dynamic Europe ETF 1.1 83 -34 10.6 -1.0
IGRO iShares International Dividend Growth ETF 1.1 15 34 7.2 -4.4
BLES Inspire Global Hope ETF 1.1 61 -12 6.8 -4.9
ARVR First Trust Indxx Metaverse ETF 1.0 70 -21 3.9 -7.7
CWI SPDR MSCI ACWI ex-US ETF 1.0 30 19 7.5 -4.1
IQDF FlexShares International Quality Dividend Index Fund 1.0 47 2 8.8 -2.8
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 1.0 80 -31 13.5 +1.8
RCGE RockCreek Global Equality ETF 1.0 95 -46 6.6 -5.0
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.0 30 19 7.7 -3.9
OSEA Harbor International Compounders ETF 1.0 55 -6 4.9 -6.8
IDX VanEck Indonesia Index ETF 1.0 57 -8 7.2 -4.4
EIDO iShares MSCI Indonesia ETF 1.0 59 -10 8.2 -3.4
BINV Brandes International ETF 1.0 70 -21 9.2 -2.4
FLCH Franklin FTSE China ETF 1.0 19 30 14.8 +3.2
MCHI iShares MSCI China ETF 0.9 59 -10 16.3 +4.7
INDA iShares MSCI India ETF 0.9 65 -16 4.6 -7.0
JIG JPMorgan International Growth ETF 0.9 55 -6 4.7 -7.0
GVAL Cambria Global Value ETF 0.9 68 -19 10.3 -1.3
PIN Invesco India ETF 0.9 78 -29 4.7 -7.0
FLIN Franklin FTSE India ETF 0.9 19 30 4.2 -7.5
WDIV SPDR S&P Global Dividend ETF 0.9 40 9 9.2 -2.5
EMIF iShares Emerging Markets Infrastructure ETF 0.9 60 -11 4.8 -6.8
VIGI Vanguard International Dividend Appreciation ETF 0.8 10 39 6.3 -5.3
RFDI First Trust Riverfront Dynamic Developed International ETF 0.8 83 -34 9.2 -2.4
PBD Invesco Global Clean Energy ETF 0.8 75 -26 -0.3 -12.0
GXC SPDR S&P China ETF 0.8 59 -10 14.4 +2.8
EPI WisdomTree India Earnings Fund 0.7 85 -36 5.2 -6.4
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.7 10 39 7.9 -3.7
FEUZ First Trust Eurozone AlphaDEX ETF 0.7 80 -31 9.1 -2.6
IGF iShares Global Infrastructure ETF 0.6 41 8 4.7 -6.9
GII SPDR S&P Global Infrastructure ETF 0.6 40 9 4.7 -6.9
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.6 12 37 8.0 -3.7
CGDG Capital Group Dividend Growers ETF 0.6 47 2 6.2 -5.4
FEP First Trust Europe AlphaDEX Fund 0.5 80 -31 9.0 -2.6
AIA iShares Asia 50 ETF 0.5 50 -1 11.8 +0.2
ACWI iShares MSCI ACWI ETF 0.5 32 17 5.5 -6.2
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.5 8 41 6.0 -5.6
WRND IQ Global Equity R&D Leaders ETF 0.5 18 31 8.0 -3.6
RWX SPDR Dow Jones International Real Estate ETF 0.4 59 -10 6.8 -4.8
VT Vanguard Total World Stock ETF 0.4 6 43 5.8 -5.9
IPAV Global X Infrastructure Development ex-U.S. ETF 0.4 55 -6 7.6 -4.0
EPOL iShares MSCI Poland ETF 0.4 59 -10 11.2 -0.4
ECNS iShares MSCI China Small-Cap ETF 0.4 59 -10 7.7 -4.0
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.4 20 29 5.6 -6.1
VGSR Vert Global Sustainable Real Estate ETF 0.3 47 2 7.3 -4.3
CLNR IQ Cleaner Transport ETF 0.3 45 4 6.6 -5.0
IXP iShares Global Comm Services ETF 0.3 42 7 5.3 -6.3
XT iShares Exponential Technologies ETF 0.3 46 3 4.8 -6.8
REET iShares Global REIT ETF 0.3 14 35 7.5 -4.2
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.3 12 37 5.1 -6.5
KLMT Invesco MSCI Global Climate 500 ETF 0.3 10 39 5.6 -6.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.3 9 40 5.6 -6.0
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.3 80 -31 9.4 -2.3
TTAI FCF International Quality ETF 0.3 59 -10 7.3 -4.3
DFGR Dimensional Global Real Estate ETF 0.3 22 27 7.4 -4.2
SNSR Global X Internet of Things ETF 0.2 68 -19 4.5 -7.2
GCOW Pacer Global Cash Cows Dividend ETF 0.2 60 -11 11.0 -0.6
RWO SPDR Dow Jones Global Real Estate ETF 0.2 50 -1 6.9 -4.7
GLOF iShares Global Equity Factor ETF 0.2 20 29 6.4 -5.3
BRF VanEck Brazil Small-Cap ETF 0.2 66 -17 10.7 -0.9
EWZS iShares MSCI Brazil Small-Cap ETF 0.2 59 -10 9.5 -2.1
KNCT Invesco Next Gen Connectivity ETF 0.2 40 9 4.7 -6.9
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 2 5.8 -5.8
KXI iShares Global Consumer Staples ETF 0.1 41 8 5.6 -6.1
SPRE SP Funds S&P Global REIT Sharia ETF 0.1 55 -6 6.1 -5.5
JPIN J.P. Morgan Diversified Return International Equity ETF 0.1 37 12 8.2 -3.4
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.1 42 7 7.0 -4.6
IXG iShares Global Financials ETF 0.1 42 7 6.5 -5.1
SCHC Schwab International Small-Cap Equity ETF 0.1 11 38 6.5 -5.1
AVRE Avantis Real Estate ETF 0.1 17 32 7.2 -4.5
PICK iShares MSCI Global Metals & Mining Producers ETF 0.1 39 10 12.3 +0.7
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 0 6.7 -4.9
FNDC Schwab Fundamental International Small Co. Index ETF 0.0 39 10 5.6 -6.0
GGME Invesco Next Gen Media and Gaming ETF 0.0 60 -11 4.2 -7.5
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.0 24 25 7.3 -4.3
VPL Vanguard FTSE Pacific ETF 0.0 7 42 6.7 -4.9
HFXI IQ FTSE International Equity Currency Neutral ETF 0.0 20 29 7.0 -4.6
VEA Vanguard FTSE Developed Markets ETF 0.0 3 46 7.1 -4.5
VGK Vanguard FTSE Europe ETF 0.0 6 43 7.5 -4.1
SPEU SPDR Portfolio Europe ETF 0.0 7 42 7.4 -4.2
SCHF Schwab International Equity ETF 0.0 6 43 7.2 -4.4
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 10 7.8 -3.8
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 4 8.7 -2.9
SDIV Global X Superdividend ETF 0.0 58 -9 40.8 +29.2

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

  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 8.9 %
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		 1.60 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.