SPDR S&P Emerging Markets Dividend ETF
ALTAR
Score™		 8.7% info Recommen-
dation		 OVERWEIGHT
2025E    2026E
P/E
ratio		 12.1x 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) $1,225
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 96
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
AMBEV-SA 3.5 %
BANCO BRADESCO S.A. 2.5 %
SINO-AMERICAN SILICON PRODUC 2.4 %
SINBON ELECTRONINCS CO LTD 2.2 %
SAUDI TELECOM CO. 2.0 %
EMBOTELLADORAS ARCA SAB-NOM 2.0 %
NEDBANK GROUP LTD 1.9 %
NEPI ROCKCASTLE N.V. 1.9 %
PTT PCL-NVDR 1.9 %
CHINA RAILWAY GROUP LTD - H 1.8 %
Total 22.2 %

TOP COUNTRY EXPOSURE
TAIWAN 22.1 %
THAILAND 12.3 %
MALAYSIA 11.2 %
SOUTH AFRICA 8.8 %
BRAZIL 8.0 %
CHINA 5.8 %
SAUDI ARABIA 4.3 %
MEXICO 4.0 %
UAE 3.4 %
QATAR 2.4 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
1.7% 16.1% 10.5% 8.4% 2.8%

Market Correlations
versus... Beta R-squared
S&P500 0.49 45%
MSCI EAFE 0.65 70%
MSCI Emg. Mkts. 0.60 79%

Technical Indicators
Recent close $41.66
30d moving avg. $39.86
Annualized volatility 12.1%
Short interest (ETF) 0.2%
Relative strength (RSI) 58

Liquidity measures
Avg. volume (thou.) 158
Turnover 0.5%
Bid/Ask (% of price) 0.17%
ADV underlying (mns) $1,240

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 220 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™: 8.7%


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 13.0 25 24 6.2 -2.5
DWX SPDR S&P International Dividend ETF 12.9 45 4 6.6 -2.1
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 12.3 40 9 6.4 -2.4
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 10.5 44 5 9.0 +0.3
DEM WisdomTree Emerging Markets High Dividend Fund 9.4 63 -14 10.5 +1.8
ASEA Global X FTSE Southeast Asia ETF 9.3 65 -16 5.4 -3.3
EWM iShares MSCI Malaysia ETF 9.3 50 -1 6.2 -2.6
ROAM Hartford Multifactor Emerging Markets ETF 8.3 44 5 7.6 -1.1
SDEM Global X MSCI SuperDividend Emerging Markets ETF 7.3 67 -18 11.9 +3.2
XC WisdomTree Emerging Markets Ex-China Fund 7.2 32 17 6.0 -2.8
JIVE JPMorgan International Value ETF 7.2 55 -6 8.3 -0.5
FRDM Freedom 100 Emerging Markets ETF 7.2 49 0 5.6 -3.1
EZA iShares MSCI South Africa ETF 7.1 58 -9 7.9 -0.8
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 6.8 30 19 7.7 -1.1
ECOW Pacer Emerging Markets Cash Cows 100 ETF 6.7 70 -21 9.0 +0.2
EYLD Cambria Emerging Shareholder Yield ETF 6.6 66 -17 9.1 +0.3
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 6.6 39 10 13.4 +4.6
THD iShares MSCI Thailand ETF 6.5 58 -9 0.0 -8.7
XCEM Columbia EM Core ex-China ETF 6.4 16 33 5.1 -3.6
EMMF WisdomTree Emerging Markets Multifactor Fund 6.1 48 1 8.6 -0.1
ECON Columbia Emerging Markets Consumer ETF 5.9 49 0 6.9 -1.8
VEXC Vanguard Emerging Markets Ex-China ETF 5.8 7 42 5.7 -3.0
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 5.8 24 25 5.5 -3.2
FLLA Franklin FTSE Latin America ETF 5.8 19 30 9.4 +0.6
SCHY Schwab International Dividend Equity ETF 5.7 14 35 8.1 -0.6
RNEM First Trust Emerging Markets Equity Select ETF 5.6 75 -26 7.5 -1.3
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 5.5 88 -39 7.7 -1.1
EDOG ALPS Emerging Sector Dividend Dogs ETF 5.4 60 -11 9.8 +1.0
XCNY SPDR S&P Emerging Markets ex-China ETF 5.3 15 34 5.7 -3.0
PXH Invesco FTSE RAFI Emerging Markets ETF 5.2 49 0 13.2 +4.4
FLBR Franklin FTSE Brazil ETF 5.2 19 30 10.1 +1.3
EMXF iShares ESG Advanced MSCI EM ETF 5.2 16 33 6.9 -1.8
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 5.1 32 17 4.9 -3.8
FTHF First Trust Emerging Markets Human Flourishing ETF 5.1 75 -26 6.0 -2.7
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 5.0 90 -41 3.8 -5.0
AVES Avantis Emerging Markets Value ETF 5.0 36 13 8.7 -0.0
LDEM iShares ESG MSCI EM Leaders ETF 5.0 17 32 11.8 +3.1
EWZ iShares MSCI Brazil ETF 4.9 58 -9 9.0 +0.2
FLTW Franklin FTSE Taiwan ETF 4.9 19 30 4.1 -4.7
JHEM John Hancock Multifactor Emerging Markets ETF 4.8 49 0 7.6 -1.1
AFK VanEck Africa Index ETF 4.8 98 -49 10.0 +1.3
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 4.7 58 -9 8.1 -0.7
STXE Strive Emerging Markets Ex-China ETF 4.6 32 17 5.6 -3.2
AVXC Avantis Emerging Markets Ex-China Equity ETF 4.6 33 16 6.3 -2.4
EMDM First Trust Bloomberg Emerging Market Democracies ETF 4.5 75 -26 6.4 -2.4
EMXC iShares MSCI Emerging Markets ex China ETF 4.5 25 24 5.3 -3.5
EVLU iShares MSCI Emerging Markets Value Factor ETF 4.4 35 14 11.1 +2.3
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 4.3 50 -1 8.2 -0.5
SCHE Schwab Emerging Markets Equity ETF 4.1 11 38 9.2 +0.5
ESGE iShares ESG Aware MSCI EM ETF 4.1 25 24 8.3 -0.4
VWO Vanguard FTSE Emerging Markets ETF 4.1 7 42 8.9 +0.2
BKEM BNY Mellon Emerging Markets Equity ETF 4.1 11 38 8.0 -0.8
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 4.0 15 34 8.0 -0.7
EWW iShares MSCI Mexico ETF 4.0 50 -1 7.7 -1.0
FLMX Franklin FTSE Mexico ETF 4.0 19 30 8.2 -0.5
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 3.9 66 -17 7.3 -1.4
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 3.9 15 34 8.9 +0.2
SPEM SPDR Portfolio Emerging Markets ETF 3.9 7 42 9.3 +0.5
EWT iShares MSCI Taiwan ETF 3.7 58 -9 3.6 -5.1
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 3.7 30 19 8.1 -0.6
DEXC Dimensional Emerging Markets ex China Core EquityETF 3.7 53 -4 5.3 -3.5
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 3.6 45 4 8.1 -0.6
EEM iShares MSCI Emerging Markets ETF 3.6 69 -20 7.9 -0.9
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 3.6 59 -10 8.5 -0.3
DFEV Dimensional Emerging Markets Value ETF 3.5 43 6 9.7 +0.9
IEMG iShares Core MSCI Emerging Markets ETF 3.5 9 40 8.2 -0.5
FLN First Trust Latin America AlphaDEX Fund 3.4 80 -31 8.9 +0.2
UAE iShares MSCI UAE ETF 3.4 59 -10 0.0 -8.7
DEHP Dimensional Emerging Markets High Profitability ETF 3.4 41 8 4.9 -3.8
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 3.3 36 13 7.6 -1.1
FDEM Fidelity Emerging Markets Multifactor ETF 3.3 25 24 10.4 +1.6
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 3.3 33 16 6.8 -1.9
KSA iShares MSCI Saudi Arabia ETF 3.2 74 -25 0.0 -8.7
AVSE Avantis Responsible Emerging Markets Equity ETF 3.2 33 16 6.8 -2.0
DFAE Dimensional Emerging Core Equity Market ETF 3.2 35 14 7.0 -1.8
OBOR KraneShares MSCI One Belt One Road Index ETF 3.2 79 -30 6.8 -2.0
DVYE iShares Emerging Markets Dividend ETF 3.0 49 0 16.7 +7.9
JADE JPMorgan Active Developing Markets Equity ETF 3.0 65 -16 6.1 -2.6
AVEM Avantis Emerging Markets Equity ETF 3.0 33 16 7.1 -1.6
MOTI VanEck Morningstar International Moat ETF 3.0 58 -9 9.3 +0.5
FLSA Franklin FTSE Saudi Arabia ETF 3.0 39 10 0.0 -8.7
EMGF iShares Emerging Markets Equity Factor ETF 3.0 25 24 9.0 +0.3
DFEM Dimensional Emerging Markets Core Equity 2 ETF 2.8 38 11 7.0 -1.8
JSTC Adasina Social Justice All Cap Global ETF 2.8 89 -40 4.5 -4.3
FEM First Trust Emerging Markets AlphaDEX Fund 2.8 80 -31 8.4 -0.3
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 2.7 32 17 7.5 -1.2
OTGL OTG Latin America ETF 2.6 269 -220 6.9 -1.8
EEMS iShares MSCI Emerging Markets Small Cap ETF 2.6 70 -21 6.1 -2.6
GMF SPDR S&P Emerging Asia Pacific ETF 2.6 49 0 8.7 -0.1
ACWV iShares MSCI Global Min Vol Factor ETF 2.5 20 29 5.6 -3.1
FID First Trust S&P International Dividend Aristocrats ETF 2.5 60 -11 7.8 -0.9
VYMI Vanguard International High Dividend Yield ETF 2.5 17 32 7.9 -0.9
FLAX Franklin FTSE Asia Ex Japan ETF 2.4 19 30 7.3 -1.4
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 2.4 41 8 6.8 -2.0
ILF iShares Latin America 40 ETF 2.4 48 1 8.6 -0.2
VIDI Vident International Equity Strategy ETF 2.4 61 -12 8.2 -0.5
QAT iShares MSCI Qatar ETF 2.4 59 -10 41.3 +32.6
ADIV SmartETFs Asia Pacific Dividend Builder ETF 2.4 78 -29 9.7 +1.0
NXTG First Trust Indxx NextG ETF 2.3 70 -21 4.1 -4.6
MOTG VanEck Morningstar Global Wide Moat ETF 2.3 52 -3 7.4 -1.3
EEMA iShares MSCI Emerging Markets Asia ETF 2.3 49 0 7.7 -1.0
EMM Global X Emerging Markets ex-China ETF 2.1 75 -26 4.9 -3.8
RCGE RockCreek Global Equality ETF 2.1 95 -46 5.9 -2.8
EPHE iShares MSCI Philippines ETF 2.1 59 -10 0.0 -8.7
EEMO Invesco S&P Emerging Markets Momentum ETF 2.0 29 20 7.1 -1.6
AAXJ iShares MSCI All Country Asia ex Japan ETF 2.0 70 -21 7.1 -1.6
SDG iShares MSCI Global Sustainable Development Goals ETF 2.0 49 0 4.5 -4.3
NUEM Nuveen ESG Emerging Markets Equity ETF 1.9 36 13 5.9 -2.8
AVEE Avantis Emerging Markets Small Cap Equity ETF 1.8 42 7 7.3 -1.5
WDIV SPDR S&P Global Dividend ETF 1.8 40 9 9.1 +0.3
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 1.8 95 -46 10.0 +1.2
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 1.7 60 -11 6.2 -2.6
INCO Columbia India Consumer ETF 1.7 75 -26 2.0 -6.7
INDY iShares India 50 ETF 1.7 89 -40 4.9 -3.8
NFTY First Trust India NIFTY 50 Equal Weight ETF 1.7 80 -31 4.7 -4.1
EWX SPDR S&P Emerging Markets Small Cap ETF 1.7 65 -16 6.3 -2.5
ISHP First Trust Nasdaq Retail ETF 1.6 60 -11 4.9 -3.8
UEVM VictoryShares Emerging Markets Value Momentum ETF 1.6 45 4 9.2 +0.4
FCA First Trust China AlphaDEX Fund 1.6 80 -31 6.8 -2.0
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 1.5 80 -31 11.1 +2.3
GREK Global X MSCI Greece ETF 1.4 57 -8 9.4 +0.6
IGRO iShares International Dividend Growth ETF 1.4 15 34 6.6 -2.1
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.3 65 -16 7.4 -1.4
VSGX Vanguard ESG International Stock ETF 1.3 10 39 6.6 -2.2
BKF iShares MSCI BIC ETF 1.3 69 -20 13.2 +4.4
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.1 41 8 6.1 -2.7
VEU Vanguard FTSE All-World ex-US Index Fund 1.1 4 45 6.7 -2.1
VXUS Vanguard Total International Stock ETF 1.1 5 44 6.6 -2.2
ACWX iShares MSCI ACWI ex U.S. ETF 1.1 34 15 6.3 -2.5
EMC Global X Emerging Markets Great Consumer ETF 1.1 75 -26 7.2 -1.5
IXUS iShares Core MSCI Total International Stock ETF 1.1 7 42 6.5 -2.3
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.1 18 31 6.3 -2.4
IQDF FlexShares International Quality Dividend Index Fund 1.0 47 2 7.6 -1.2
WWJD Inspire International ETF 1.0 80 -31 6.0 -2.7
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 1.0 20 29 8.4 -0.3
BINV Brandes International ETF 0.9 70 -21 8.3 -0.5
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 0.9 80 -31 7.3 -1.5
FXI iShares China Large-Cap ETF 0.9 74 -25 19.2 +10.4
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.9 47 2 7.3 -1.5
PIN Invesco India ETF 0.9 78 -29 4.5 -4.2
CWI SPDR MSCI ACWI ex-US ETF 0.9 30 19 6.4 -2.4
EIDO iShares MSCI Indonesia ETF 0.9 59 -10 8.0 -0.7
IDX VanEck Indonesia Index ETF 0.9 57 -8 7.2 -1.5
JIG JPMorgan International Growth ETF 0.9 55 -6 3.5 -5.2
OSEA Harbor International Compounders ETF 0.9 55 -6 4.1 -4.7
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.9 10 39 7.9 -0.8
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.8 30 19 6.3 -2.5
SDIV Global X Superdividend ETF 0.8 58 -9 12.9 +4.1
MCHI iShares MSCI China ETF 0.8 59 -10 18.3 +9.5
FLCH Franklin FTSE China ETF 0.8 19 30 16.2 +7.5
GVAL Cambria Global Value ETF 0.8 68 -19 8.6 -0.2
RFDI First Trust Riverfront Dynamic Developed International ETF 0.8 83 -34 7.6 -1.2
MEM Matthews Emerging Markets Equity Active ETF 0.7 79 -30 8.6 -0.2
PBD Invesco Global Clean Energy ETF 0.7 75 -26 0.2 -8.5
GXC SPDR S & P China ETF 0.7 59 -10 17.0 +8.2
INDA iShares MSCI India ETF 0.7 65 -16 4.3 -4.5
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.7 12 37 8.0 -0.7
VIGI Vanguard International Dividend Appreciation ETF 0.7 10 39 6.0 -2.8
EMIF iShares Emerging Markets Infrastructure ETF 0.7 60 -11 2.5 -6.3
FEUZ First Trust Eurozone AlphaDEX ETF 0.7 80 -31 6.4 -2.4
RWX SPDR Dow Jones International Real Estate ETF 0.7 59 -10 6.7 -2.0
FLIN Franklin FTSE India ETF 0.7 19 30 3.9 -4.8
EPOL iShares MSCI Poland ETF 0.6 59 -10 8.7 -0.1
IGF iShares Global Infrastructure ETF 0.6 41 8 4.1 -4.6
EPI WisdomTree India Earnings Fund 0.6 85 -36 4.8 -4.0
GII SPDR S&P Global Infrastructure ETF 0.5 40 9 4.2 -4.6
ARVR First Trust Indxx Metaverse ETF 0.5 70 -21 3.9 -4.8
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.5 8 41 6.1 -2.7
AVRE Avantis Real Estate ETF 0.5 17 32 6.6 -2.1
CGXU Capital Group International Focus Equity ETF 0.5 54 -5 3.9 -4.8
BLES Inspire Global Hope ETF 0.5 61 -12 5.7 -3.1
FEP First Trust Europe AlphaDEX Fund 0.5 80 -31 6.7 -2.1
FRGN Horizon International Equity ETF 0.5 75 -26 8.0 -0.8
DEW WisdomTree Global High Dividend Fund 0.5 58 -9 7.3 -1.5
VGSR Vert Global Sustainable Real Estate ETF 0.4 47 2 6.9 -1.8
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.4 20 29 4.8 -4.0
VT Vanguard Total World Stock ETF 0.4 6 43 5.1 -3.7
ACWI iShares MSCI ACWI ETF 0.4 32 17 4.7 -4.0
REET iShares Global REIT ETF 0.4 14 35 6.8 -1.9
CLNR IQ Cleaner Transport ETF 0.4 45 4 3.9 -4.9
IPAV Global X Infrastructure Development ex-U.S. ETF 0.4 55 -6 5.6 -3.2
BRF VanEck Brazil Small-Cap ETF 0.4 66 -17 9.2 +0.5
EWZS iShares MSCI Brazil Small-Cap ETF 0.4 59 -10 9.5 +0.8
ECNS iShares MSCI China Small-Cap ETF 0.4 59 -10 7.9 -0.8
DFGR Dimensional Global Real Estate ETF 0.3 22 27 6.9 -1.9
AQLT iShares MSCI Global Quality Factor ETF 0.3 18 31 0.0 -8.7
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.3 80 -31 6.7 -2.1
SNSR Global X Internet of Things ETF 0.3 68 -19 3.7 -5.0
CGDG Capital Group Dividend Growers ETF 0.3 47 2 5.1 -3.6
KLMT Invesco MSCI Global Climate 500 ETF 0.3 10 39 5.0 -3.7
RWO SPDR Dow Jones Global Real Estate ETF 0.3 50 -1 6.2 -2.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.3 9 40 4.9 -3.9
TTAI FCF International Quality ETF 0.3 59 -10 6.7 -2.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.2 12 37 4.4 -4.3
SPRE SP Funds S&P Global REIT Sharia ETF 0.2 55 -6 5.1 -3.6
JPIN J.P. Morgan Diversified Return International Equity ETF 0.2 37 12 6.9 -1.8
GLOF iShares Global Equity Factor ETF 0.2 20 29 5.6 -3.1
KXI iShares Global Consumer Staples ETF 0.2 41 8 5.3 -3.5
KNCT Invesco Next Gen Connectivity ETF 0.2 40 9 3.5 -5.2
GEW Cambria Global EW ETF 0.2 29 20 5.4 -3.4
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.2 32 17 12.7 +4.0
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.1 39 10 6.9 -1.9
DOL WisdomTree International LargeCap Dividend Fund 0.1 48 1 5.7 -3.1
IXG iShares Global Financials ETF 0.1 42 7 6.2 -2.6
SCHC Schwab International Small-Cap Equity ETF 0.1 11 38 6.3 -2.4
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.1 24 25 6.7 -2.0
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 2 4.9 -3.8
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 0 5.9 -2.9
FNDC Schwab Fundamental International Small Co. Index ETF 0.1 39 10 6.6 -2.1
GGME Invesco Next Gen Media and Gaming ETF 0.0 60 -11 4.7 -4.0
PICK iShares MSCI Global Metals & Mining Producers ETF 0.0 39 10 7.7 -1.1
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.0 42 7 4.0 -4.8
WRND IQ Global Equity R&D Leaders ETF 0.0 18 31 4.0 -4.7
VPL Vanguard FTSE Pacific ETF 0.0 7 42 5.4 -3.4
VEA Vanguard FTSE Developed Markets ETF 0.0 3 46 5.9 -2.8
VGK Vanguard FTSE Europe ETF 0.0 6 43 6.4 -2.4
SPEU SPDR Portfolio Europe ETF 0.0 7 42 6.3 -2.4
HFXI IQ FTSE International Equity Currency Neutral ETF 0.0 20 29 5.7 -3.1
SCHF Schwab International Equity ETF 0.0 6 43 5.9 -2.8
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 4 6.8 -1.9

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 1.5 x
Less: Expense ratio 49 bp
Equals: ALTAR Score 8.7 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.60 CATEGORY
AVERAGE		 1.52
 
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.