ALPS Emerging Sector Dividend Dogs ETF
ALTAR
Score™		 14.7% info Recommen-
dation		 SPECULATIVE
2024E    2025E
P/E
ratio		 7.8x P/Sales
ratio		 0.9x
P/BV
ratio		 1.2x Div.
yield		 6.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
ALPS Emerging Sector Dogs ETF is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that replicate as closely as possible, before fee and expenses, the performance of the S-Network Emerging Sector Dividend Dogs Index.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor ALPS ETF Trust
Website www.alpsetfs.com
Inception date Mar 27, 2014
Assets (mns) $25
Currency USD
Expense ratio 60 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-End Investment Company
Custodian Bank of New York Mellon
Weighting Equal
Index replication Full
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 50
Wgt avg mkt cap (mns) $15,170
Large cap (>$10bn) 31.1%
Mid cap ($2-10bn) 68.9%
Small cap (<$2bn) 0.0%
Developed mkts 0.0%
Emerging mkts 100.0%

TOP TEN HOLDINGS
DELTA ELECTRONICS THAILAND PCL 3.5 %
INFOSYS TECHNOLOGIES-SP ADR 3.1 %
WIPRO LTD-ADR 3.1 %
GRUPO MEXICO S.A.B. DE C.V. CLASS 2.4 %
GRUPO AEROPORTUARIO DEL CENT 2.3 %
GRUPO AEROPORTUARIO DEL-B SH 2.3 %
MEXICHEM SAB DE CV-* 2.2 %
INTERCONEXION ELECTRICA SA 2.2 %
BANCOLOMBIA S.A.-SPONS ADR 2.2 %
PLDT, INC. 2.1 %
Total 25.3 %

TOP COUNTRY EXPOSURE
MEXICO 11.3 %
INDONESIA 10.0 %
BRAZIL 9.9 %
MALAYSIA 9.9 %
SOUTH AFRICA 9.7 %
INDIA 8.1 %
THAILAND 7.7 %
CHINA 7.6 %
CHILE 6.0 %
COLOMBIA 4.4 %

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.
-2.0% 6.6% 5.0% -- 2.7%

Market Correlations
versus... Beta R-squared
S&P500 0.68 56%
MSCI EAFE 0.82 78%
MSCI Emg. Mkts. 0.74 67%

Technical Indicators
Recent close $20.76
30d moving avg. $20.78
Annualized volatility 16.0%
Short interest (ETF) 0.1%
Relative strength (RSI) 65

Liquidity measures
Avg. volume (thou.) 2
Turnover 0.2%
Bid/Ask (% of price) 0.45%
ADV underlying (mns) $1,197

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 189 potential alternatives to the ALPS Emerging Sector Dividend Dogs ETF ETF based on the alternatives' overlap in portfolio holdings with EDOG. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EDOG Expense: 60 bp ALTAR Score™: 14.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EDOG
Ticker Fund
Name		 Overlap1
vs EDOG
(%)		 Expense
ratio
(bp)		 Savings
vs EDOG
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EDOG
(%)
EEMD AAM S&P Emerging Markets High Dividend Value ETF 17.5 49 11 19.0 +4.3
SDEM Global X MSCI SuperDividend Emerging Markets ETF 16.5 67 -7 17.5 +2.8
DVYE iShares Emerging Markets Dividend ETF 15.3 49 11 16.6 +1.9
ECOW Pacer Emerging Markets Cash Cows 100 ETF 12.7 70 -10 11.4 -3.3
FLLA Franklin FTSE Latin America ETF 11.8 19 41 11.7 -3.0
DEM WisdomTree Emerging Markets High Dividend Fund 9.2 63 -3 12.9 -1.8
EWW iShares MSCI Mexico ETF 9.2 50 10 9.7 -5.0
FLMX Franklin FTSE Mexico ETF 9.0 19 41 10.8 -3.9
EWM iShares MSCI Malaysia ETF 8.8 50 10 5.7 -9.0
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 8.7 44 16 10.3 -4.4
FLN First Trust Latin America AlphaDEX Fund 7.9 80 -20 11.1 -3.6
UEVM VictoryShares Emerging Markets Value Momentum ETF 7.7 45 15 12.7 -2.0
EWZ iShares MSCI Brazil ETF 7.5 58 2 11.9 -2.8
EMDM First Trust Bloomberg Emerging Market Democracies ETF 7.1 75 -15 9.6 -5.1
EZA iShares MSCI South Africa ETF 7.0 58 2 11.4 -3.3
EIDO iShares MSCI Indonesia ETF 6.9 59 1 7.6 -7.1
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 6.9 60 0 10.0 -4.7
SDIV Global X Superdividend ETF 6.8 58 2 17.6 +2.9
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 6.8 24 36 7.1 -7.5
ROAM Hartford Multifactor Emerging Markets ETF 6.7 44 16 11.7 -3.0
FLBR Franklin FTSE Brazil ETF 6.6 19 41 12.4 -2.3
GVAL Cambria Global Value ETF 6.3 68 -8 12.3 -2.3
DGIN VanEck Digital India ETF 6.2 71 -11 1.6 -13.1
ILF iShares Latin America 40 ETF 6.2 48 12 10.3 -4.4
ECH iShares MSCI Chile ETF 6.0 58 2 10.7 -4.0
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 5.9 39 21 12.5 -2.2
FDEM Fidelity Emerging Markets Multifactor ETF 5.8 25 35 11.9 -2.8
EELV Invesco S&P Emerging Markets Low Volatility ETF 5.8 29 31 8.3 -6.4
IDX VanEck Indonesia Index ETF 5.8 57 3 7.9 -6.8
IQDF FlexShares International Quality Dividend Index Fund 5.7 47 13 10.7 -4.0
FEM First Trust Emerging Markets AlphaDEX Fund 5.6 80 -20 16.3 +1.6
XCEM Columbia EM Core ex-China ETF 5.5 16 44 7.3 -7.3
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 5.2 50 10 10.5 -4.2
FBZ First Trust Brazil AlphaDEX Fund 5.2 80 -20 11.9 -2.8
FCA First Trust China AlphaDEX Fund 5.1 80 -20 17.6 +3.0
IQDY FlexShares International Quality Dividend Dynamic Index Fund 5.1 47 13 10.3 -4.4
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 5.1 32 28 7.6 -7.1
PXH Invesco FTSE RAFI Emerging Markets ETF 5.0 49 11 12.4 -2.3
EYLD Cambria Emerging Shareholder Yield ETF 5.0 66 -6 12.1 -2.6
RNEM First Trust Emerging Markets Equity Select ETF 5.0 75 -15 8.2 -6.5
EDIV SPDR S&P Emerging Markets Dividend ETF 4.7 49 11 10.9 -3.8
EMMF WisdomTree Emerging Markets Multifactor Fund 4.6 48 12 9.3 -5.3
DFEV Dimensional Emerging Markets Value ETF 4.3 43 17 10.9 -3.8
IQDE FlexShares International Quality Dividend Defensive Index ET 4.2 47 13 10.7 -4.0
EPHE iShares MSCI Philippines ETF 4.1 59 1 8.9 -5.8
DEHP Dimensional Emerging Markets High Profitability ETF 3.8 41 19 7.3 -7.4
JHEM John Hancock Multifactor Emerging Markets ETF 3.8 49 11 8.3 -6.4
ECON Columbia Emerging Markets Consumer ETF 3.7 49 11 4.8 -9.9
FRDM Freedom 100 Emerging Markets ETF 3.7 49 11 7.3 -7.3
MEM Matthews Emerging Markets Equity Active ETF 3.6 79 -19 5.7 -9.0
RODE Hartford Multifactor Diversified International ETF 3.6 29 31 11.5 -3.2
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 3.6 40 20 7.1 -7.6
EMGF iShares Emerging Markets Equity Factor ETF 3.5 25 35 8.7 -6.0
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 3.4 88 -28 6.2 -8.5
NXTG First Trust Indxx NextG ETF 3.4 70 -10 6.0 -8.7
EMXC iShares MSCI Emerging Markets ex China ETF 3.4 25 35 6.7 -8.0
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 3.4 30 30 8.5 -6.2
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 3.3 95 -35 11.4 -3.3
ESGE iShares ESG Aware MSCI EM ETF 3.2 25 35 7.7 -7.0
SCHE Schwab Emerging Markets Equity ETF 3.1 11 49 7.6 -7.1
GLIN VanEck India Growth Leaders ETF 3.1 77 -17 5.3 -9.4
CIBR First Trust NASDAQ Cybersecurity ETF 3.1 60 0 3.9 -10.8
NDIA Global X India Active ETF 3.1 75 -15 6.5 -8.2
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 3.1 45 15 8.6 -6.1
AVES Avantis Emerging Markets Value ETF 3.1 36 24 12.1 -2.6
SPEM SPDR Portfolio Emerging Markets ETF 3.0 7 53 7.5 -7.2
STXE Strive Emerging Markets Ex-China ETF 3.0 32 28 6.9 -7.8
AVEM Avantis Emerging Markets Equity ETF 2.9 33 27 9.1 -5.6
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 2.9 32 28 6.3 -8.4
VWO Vanguard FTSE Emerging Markets ETF 2.9 8 52 7.6 -7.1
FXI iShares China Large-Cap ETF 2.8 74 -14 9.6 -5.1
DFAE Dimensional Emerging Core Equity Market ETF 2.8 35 25 7.7 -7.0
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 2.8 20 40 7.5 -7.2
EEM iShares MSCI Emerging Markets ETF 2.8 69 -9 7.0 -7.7
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 2.8 66 -6 7.2 -7.5
DFEM Dimensional Emerging Markets Core Equity 2 ETF 2.7 38 22 8.2 -6.5
BKEM BNY Mellon Emerging Markets Equity ETF 2.7 11 49 7.7 -7.0
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 2.7 80 -20 14.2 -0.5
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 2.6 20 40 10.7 -4.0
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 2.6 36 24 7.5 -7.2
GMF SPDR S&P Emerging Asia Pacific ETF 2.6 49 11 6.4 -8.3
ASEA Global X FTSE Southeast Asia ETF 2.6 65 -5 6.5 -8.2
FTRI First Trust Indxx Global Natural Resources Income ETF 2.5 70 -10 10.6 -4.1
LEGR First Trust Indxx Innovative Transaction & Process ETF 2.5 65 -5 8.4 -6.3
IEMG iShares Core MSCI Emerging Markets ETF 2.4 9 51 7.5 -7.2
GMET VanEck Green Metals ETF 2.4 63 -3 9.8 -4.9
BKF iShares MSCI BIC ETF 2.3 69 -9 7.1 -7.6
PICK iShares MSCI Global Metals & Mining Producers ETF 2.3 39 21 11.0 -3.7
LDEM iShares ESG MSCI EM Leaders ETF 2.3 17 43 7.7 -6.9
GXG Global X MSCI Colombia ETF 2.2 62 -2 15.2 +0.5
EPU iShares MSCI Peru and Global Exposure ETF 2.2 59 1 5.5 -9.2
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 2.2 33 27 7.2 -7.5
EMXF iShares ESG Advanced MSCI EM ETF 2.2 16 44 7.4 -7.3
XC WisdomTree Emerging Markets Ex-China Fund 2.2 32 28 6.2 -8.5
VIDI Vident International Equity Strategy ETF 2.2 61 -1 11.9 -2.8
EEMO Invesco S&P Emerging Markets Momentum ETF 2.1 29 31 6.2 -8.5
FILL iShares MSCI Global Energy Producers ETF 2.1 39 21 9.0 -5.7
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 2.1 90 -30 7.0 -7.7
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 2.0 30 30 7.5 -7.2
ARGT Global X MSCI Argentina ETF 2.0 59 1 7.4 -7.3
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 2.0 59 1 9.6 -5.1
NLR VanEck Uranium+Nuclear Energy ETF 2.0 61 -1 4.5 -10.2
LNGG Roundhill Alerian LNG ETF 2.0 65 -5 8.5 -6.1
FM iShares Frontier and Select EM ETF 2.0 80 -20 9.5 -5.2
CGV Conductor Global Equity Value ETF 1.9 130 -70 11.3 -3.4
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 1.9 15 45 7.1 -7.6
DSTX Distillate International Fundamental Stability & Value ETF 1.9 55 5 8.0 -6.7
BOAT SonicShares Global Shipping ETF 1.9 69 -9 29.1 +14.4
SEA U.S. Global Sea to Sky Cargo ETF 1.9 60 0 24.1 +9.4
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 1.9 18 42 7.9 -6.8
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 1.8 42 18 6.8 -7.9
ISHP First Trust Nasdaq Retail ETF 1.8 60 0 3.1 -11.5
VYMI Vanguard International High Dividend Yield ETF 1.8 22 38 9.7 -5.0
OBOR KraneShares MSCI One Belt One Road Index ETF 1.7 79 -19 10.3 -4.4
MOTG VanEck Morningstar Global Wide Moat ETF 1.7 52 8 5.8 -8.9
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 1.6 68 -8 5.3 -9.4
TTAI FCF International Quality ETF 1.6 59 1 7.4 -7.3
IQRA IQ CBRE Real Assets ETF 1.5 65 -5 5.9 -8.8
SCHY Schwab International Dividend Equity ETF 1.5 14 46 9.2 -5.4
WWJD Inspire International ETF 1.5 80 -20 7.1 -7.6
EMM Global X Emerging Markets ex-China ETF 1.4 75 -15 3.7 -11.0
QTUM Defiance Quantum ETF 1.4 40 20 3.9 -10.8
DEW WisdomTree Global High Dividend Fund 1.4 58 2 9.1 -5.6
KALL KraneShares MSCI All China Index ETF 1.4 49 11 9.4 -5.3
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.4 46 14 8.8 -5.9
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 1.4 25 35 7.0 -7.7
NUEM Nuveen ESG Emerging Markets Equity ETF 1.4 36 24 6.8 -7.9
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 1.4 41 19 7.8 -6.9
PID Invesco International Dividend Achievers ETF 1.3 53 7 6.7 -8.0
EMC Global X Emerging Markets Great Consumer ETF 1.3 75 -15 4.9 -9.8
MCHI iShares MSCI China ETF 1.3 59 1 8.9 -5.8
FLCH Franklin FTSE China ETF 1.2 19 41 9.6 -5.1
AFK VanEck Africa Index ETF 1.2 98 -38 10.0 -4.6
BJK VanEck Gaming ETF 1.2 65 -5 1.8 -12.9
TUR iShares MSCI Turkey ETF 1.1 58 2 18.6 +3.9
GXC SPDR S&P China ETF 1.1 59 1 9.0 -5.7
JETS U.S. Global Jets ETF 1.1 60 0 -15.6 -30.3
SUPL ProShares Supply Chain Logistics ETF 1.1 58 2 13.1 -1.6
APIE ActivePassive International Equity ETF 1.0 45 15 7.7 -7.0
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 1.0 68 -8 8.8 -5.9
DGT SPDR Global Dow ETF 1.0 50 10 6.7 -8.0
HART IQ Healthy Hearts ETF 1.0 45 15 5.3 -9.3
CVY Invesco Zacks Multi-Asset Income ETF 1.0 106 -46 8.9 -5.8
EEMA iShares MSCI Emerging Markets Asia ETF 0.9 49 11 6.7 -8.0
CWI SPDR MSCI ACWI ex-US ETF 0.9 30 30 6.8 -7.9
MOTI VanEck Morningstar International Moat ETF 0.9 58 2 6.9 -7.8
KOCG FIS Knights of Columbus Global Belief ETF 0.9 75 -15 5.3 -9.4
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.9 70 -10 6.3 -8.4
FLAX Franklin FTSE Asia Ex Japan ETF 0.9 19 41 7.2 -7.5
VEU Vanguard FTSE All-World ex-US Index Fund 0.8 8 52 7.2 -7.5
VIGI Vanguard International Dividend Appreciation ETF 0.8 15 45 5.6 -9.1
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.8 30 30 7.8 -6.9
ACWX iShares MSCI ACWI ex U.S. ETF 0.8 34 26 6.7 -8.0
FTAG First Trust Indxx Global Agriculture ETF 0.8 70 -10 9.1 -5.5
JSTC Adasina Social Justice All Cap Global ETF 0.8 89 -29 4.8 -9.9
ACWV iShares MSCI Global Min Vol Factor ETF 0.8 20 40 6.7 -8.0
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.8 41 19 6.7 -8.0
MXI iShares Global Materials ETF 0.8 41 19 6.6 -8.1
VXUS Vanguard Total International Stock ETF 0.7 7 53 7.1 -7.6
HAP VanEck Natural Resources ETF 0.7 50 10 9.5 -5.2
CN Xtrackers MSCI All China Equity ETF 0.7 50 10 8.7 -6.0
BLES Inspire Global Hope ETF 0.7 61 -1 6.3 -8.4
IXUS iShares Core MSCI Total International Stock ETF 0.7 7 53 6.9 -7.8
GLOF iShares Global Equity Factor ETF 0.6 20 40 7.1 -7.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.6 9 51 5.7 -9.0
FVD First Trust Value Line Dividend Index Fund 0.6 65 -5 6.0 -8.7
JIG JPMorgan International Growth ETF 0.5 55 5 4.3 -10.4
JRNY ALPS Global Travel Beneficiaries ETF 0.5 65 -5 0.0 -14.7
CGW Invesco S&P Global Water Index ETF 0.5 57 3 3.8 -10.9
VSGX Vanguard ESG International Stock ETF 0.4 12 48 6.8 -7.9
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.4 47 13 5.9 -8.8
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.4 45 15 6.2 -8.4
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.3 12 48 5.1 -9.6
CGGR Capital Group Growth ETF 0.3 39 21 3.5 -11.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.3 20 40 5.6 -9.1
IXG iShares Global Financials ETF 0.3 42 18 6.8 -7.9
ACWI iShares MSCI ACWI ETF 0.3 32 28 5.5 -9.2
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.3 50 10 5.8 -8.9
VT Vanguard Total World Stock ETF 0.3 7 53 5.8 -8.9
SHPP Pacer Industrials and Logistics ETF 0.3 60 0 8.9 -5.8
KNCT Invesco Next Gen Connectivity ETF 0.2 40 20 5.9 -8.8
OCEN IQ Clean Oceans ETF 0.2 45 15 5.3 -9.4
JXI iShares Global Utilities ETF 0.1 43 17 6.7 -8.0
IGRO iShares International Dividend Growth ETF 0.1 15 45 7.1 -7.6
KXI iShares Global Consumer Staples ETF 0.1 41 19 5.6 -9.1
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.0 46 14 5.6 -9.1
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 15 8.5 -6.2
SCHF Schwab International Equity ETF 0.0 6 54 7.0 -7.7
GNR SPDR S&P Global Natural Resources ETF 0.0 40 20 9.2 -5.5

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

  2019 2020 2021 2022 2023 2024E 2025E
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
  2023 2024E 2025E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 ALPS Emerging Sector Dividend Dogs ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 17.9 %
Divided by: Fwd. P/BV 1.2 x
Less: Expense ratio 60 bp
Equals: ALTAR Score 14.7 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.56 CATEGORY
AVERAGE		 1.39
 
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.