Invesco S&P Emerging Markets Low Volatility ETF
ALTAR
Score™		 8.8% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 11.9x P/Sales
ratio		 1.4x
P/BV
ratio		 1.4x Div.
yield		 4.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Invesco S&P Emerging Markets Low Volatility Portfolio is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P BMI Emerging Markets Low Volatility Index (the "Underlying Index").

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Invesco
Website www.invesco.com
Inception date Jan 13, 2012
Assets (mns) $398
Currency USD
Expense ratio 29 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Volatility
Index replication n/a
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 186
Wgt avg mkt cap (mns) $31,925
Large cap (>$10bn) 46.7%
Mid cap ($2-10bn) 48.2%
Small cap (<$2bn) 3.7%
Developed mkts 2.1%
Emerging mkts 97.5%

TOP TEN HOLDINGS
INVESCO GOVERNMENT & AGENCY PORTFO 1.4 %
TISCO FINANCIAL GROUP-NVDR 1.0 %
KUWAIT FINANCE HOUSE 0.9 %
CHUNGHWA TELECOM CO., LTD 0.9 %
SAUDI ARABIAN OIL COMPANY (SAUDI A 0.8 %
MOBILE TELECOMMUNICATIONS CO. KSC 0.7 %
JARIR MARKETING CO. 0.7 %
HONG LEONG BANK BERHAD 0.7 %
IHH HEALTHCARE BHD 0.7 %
MALAYAN BANKING BHD 0.7 %
Total 8.6 %

TOP COUNTRY EXPOSURE
SAUDI ARABIA 15.1 %
TAIWAN 10.8 %
BRAZIL 10.2 %
MALAYSIA 9.0 %
THAILAND 5.9 %
QATAR 5.4 %
CHILE 5.1 %
SOUTH AFRICA 5.0 %
KUWAIT 4.8 %
UAE 3.3 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
11.6% 12.0% 9.6% 3.9% 3.5%

Market Correlations
versus... Beta R-squared
S&P500 0.51 45%
MSCI EAFE 0.59 64%
MSCI Emg. Mkts. 0.62 76%

Technical Indicators
Recent close $26.21
30d moving avg. $25.82
Annualized volatility 12.1%
Short interest (ETF) 1.7%
Relative strength (RSI) 58

Liquidity measures
Avg. volume (thou.) 46
Turnover 0.3%
Bid/Ask (% of price) 0.05%
ADV underlying (mns) $2,793

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 302 potential alternatives to the Invesco S&P Emerging Markets Low Volatility ETF ETF based on the alternatives' overlap in portfolio holdings with EELV. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EELV Expense: 29 bp ALTAR Score™: 8.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EELV
Ticker Fund
Name		 Overlap1
vs EELV
(%)		 Expense
ratio
(bp)		 Savings
vs EELV
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EELV
(%)
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 27.9 25 4 6.5 -2.3
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 25.4 44 -15 11.0 +2.2
XCEM Columbia EM Core ex-China ETF 21.8 16 13 8.2 -0.6
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 21.5 40 -11 7.1 -1.6
EMXF iShares ESG Advanced MSCI EM ETF 20.3 16 13 8.5 -0.3
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 20.3 30 -1 9.9 +1.2
EDIV SPDR S&P Emerging Markets Dividend ETF 19.7 49 -20 12.0 +3.2
EMXC iShares MSCI Emerging Markets ex China ETF 18.5 25 4 7.7 -1.0
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 18.3 24 5 8.2 -0.6
RNEM First Trust Emerging Markets Equity Select ETF 18.2 75 -46 7.0 -1.8
STXE Strive Emerging Markets Ex-China ETF 17.9 32 -3 7.8 -0.9
XCNY SPDR S&P Emerging Markets ex-China ETF 17.0 15 14 7.7 -1.1
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 16.9 32 -3 6.8 -1.9
ECON Columbia Emerging Markets Consumer ETF 16.3 49 -20 12.4 +3.7
ROAM Hartford Multifactor Emerging Markets ETF 16.2 44 -15 12.0 +3.2
LDEM iShares ESG MSCI EM Leaders ETF 16.2 17 12 13.2 +4.4
EMMF WisdomTree Emerging Markets Multifactor Fund 16.1 48 -19 7.8 -1.0
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 15.6 39 -10 16.3 +7.6
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 15.6 45 -16 10.5 +1.8
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 15.5 15 14 8.2 -0.6
DEM WisdomTree Emerging Markets High Dividend Fund 15.2 63 -34 13.3 +4.5
FDEM Fidelity Emerging Markets Multifactor ETF 15.2 25 4 12.9 +4.1
SCHE Schwab Emerging Markets Equity ETF 14.9 11 18 11.2 +2.4
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 14.8 15 14 10.4 +1.6
EEM iShares MSCI Emerging Markets ETF 14.8 69 -40 10.3 +1.6
JHEM John Hancock Multifactor Emerging Markets ETF 14.8 49 -20 10.5 +1.7
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 14.7 66 -37 10.0 +1.2
FLSA Franklin FTSE Saudi Arabia ETF 14.4 39 -10 0.0 -8.8
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 14.4 30 -1 10.4 +1.6
BKEM BNY Mellon Emerging Markets Equity ETF 14.3 11 18 10.2 +1.4
FLLA Franklin FTSE Latin America ETF 14.0 19 10 13.4 +4.6
PXH Invesco FTSE RAFI Emerging Markets ETF 13.8 49 -20 16.0 +7.3
KSA iShares MSCI Saudi Arabia ETF 13.7 74 -45 0.0 -8.8
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 13.7 50 -21 11.5 +2.7
DFAE Dimensional Emerging Core Equity Market ETF 13.6 35 -6 9.5 +0.7
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 13.4 36 -7 9.9 +1.1
VWO Vanguard FTSE Emerging Markets ETF 13.4 7 22 10.6 +1.8
DEXC Dimensional Emerging Markets ex China Core EquityETF 13.3 53 -24 7.7 -1.0
SPEM SPDR Portfolio Emerging Markets ETF 13.1 7 22 10.6 +1.9
IEMG iShares Core MSCI Emerging Markets ETF 13.1 9 20 10.5 +1.8
EMGF iShares Emerging Markets Equity Factor ETF 12.9 25 4 12.0 +3.2
ESGE iShares ESG Aware MSCI EM ETF 12.3 25 4 10.1 +1.4
FLN First Trust Latin America AlphaDEX Fund 11.9 80 -51 10.4 +1.6
DEHP Dimensional Emerging Markets High Profitability ETF 11.8 41 -12 6.9 -1.9
FRDM Freedom 100 Emerging Markets ETF 11.6 49 -20 8.8 +0.0
DFEM Dimensional Emerging Markets Core Equity 2 ETF 11.5 38 -9 9.5 +0.7
DFEV Dimensional Emerging Markets Value ETF 11.2 43 -14 13.4 +4.6
XC WisdomTree Emerging Markets Ex-China Fund 11.1 32 -3 6.1 -2.7
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 11.0 41 -12 8.9 +0.1
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 10.7 59 -30 11.8 +3.1
EVLU iShares MSCI Emerging Markets Value Factor ETF 10.6 35 -6 19.3 +10.6
DVYE iShares Emerging Markets Dividend ETF 10.0 49 -20 19.0 +10.3
EEMO Invesco S&P Emerging Markets Momentum ETF 9.9 29 0 6.5 -2.2
FEM First Trust Emerging Markets AlphaDEX Fund 9.9 80 -51 12.2 +3.5
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 9.7 33 -4 10.1 +1.4
AVXC Avantis Emerging Markets Ex-China Equity ETF 9.5 33 -4 8.7 -0.1
EWT iShares MSCI Taiwan ETF 9.2 58 -29 6.5 -2.3
GVAL Cambria Global Value ETF 9.1 68 -39 11.1 +2.4
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 9.0 32 -3 9.3 +0.5
FTHF First Trust Emerging Markets Human Flourishing ETF 9.0 75 -46 8.5 -0.3
FLTW Franklin FTSE Taiwan ETF 8.6 19 10 6.8 -2.0
AVEM Avantis Emerging Markets Equity ETF 8.5 33 -4 9.2 +0.5
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 8.4 90 -61 7.7 -1.0
EWZ iShares MSCI Brazil ETF 8.2 58 -29 12.9 +4.2
EWM iShares MSCI Malaysia ETF 8.0 50 -21 7.0 -1.8
VIDI Vident International Equity Strategy ETF 7.9 61 -32 11.4 +2.7
AVSE Avantis Responsible Emerging Markets Equity ETF 7.8 33 -4 8.7 -0.1
FLBR Franklin FTSE Brazil ETF 7.8 19 10 15.0 +6.2
NUEM Nuveen ESG Emerging Markets Equity ETF 7.7 36 -7 7.9 -0.9
VYMI Vanguard International High Dividend Yield ETF 7.7 17 12 9.9 +1.1
UEVM VictoryShares Emerging Markets Value Momentum ETF 7.6 45 -16 10.7 +2.0
ECOW Pacer Emerging Markets Cash Cows 100 ETF 7.6 70 -41 14.5 +5.8
AVES Avantis Emerging Markets Value ETF 7.5 36 -7 11.6 +2.9
EMDM First Trust Bloomberg Emerging Market Democracies ETF 7.5 75 -46 9.9 +1.1
SDEM Global X MSCI SuperDividend Emerging Markets ETF 7.3 67 -38 13.8 +5.0
ACWV iShares MSCI Global Min Vol Factor ETF 7.2 20 9 5.9 -2.9
FBZ First Trust Brazil AlphaDEX Fund 7.1 80 -51 11.9 +3.2
GMF SPDR S&P Emerging Asia Pacific ETF 7.1 49 -20 9.6 +0.8
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 6.3 20 9 10.7 +2.0
ILF iShares Latin America 40 ETF 6.1 48 -19 13.0 +4.2
ASEA Global X FTSE Southeast Asia ETF 6.1 65 -36 7.1 -1.6
EEMA iShares MSCI Emerging Markets Asia ETF 6.0 49 -20 10.2 +1.4
SCHY Schwab International Dividend Equity ETF 5.9 14 15 9.6 +0.9
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 5.7 88 -59 9.3 +0.6
RODE Hartford Multifactor Diversified International ETF 5.6 29 0 12.7 +3.9
FLAX Franklin FTSE Asia Ex Japan ETF 5.5 19 10 9.5 +0.7
AAXJ iShares MSCI All Country Asia ex Japan ETF 5.5 70 -41 9.3 +0.5
WWJD Inspire International ETF 5.5 80 -51 7.3 -1.5
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 5.5 95 -66 12.8 +4.1
QAT iShares MSCI Qatar ETF 5.4 59 -30 47.1 +38.4
BKF iShares MSCI BIC ETF 4.9 69 -40 13.2 +4.5
EDOG ALPS Emerging Sector Dividend Dogs ETF 4.9 60 -31 11.0 +2.2
EMC Global X Emerging Markets Great Consumer ETF 4.8 75 -46 8.8 +0.0
DEW WisdomTree Global High Dividend Fund 4.7 58 -29 8.7 -0.0
ACWX iShares MSCI ACWI ex U.S. ETF 4.7 34 -5 7.9 -0.9
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 4.7 41 -12 7.8 -1.0
ECH iShares MSCI Chile ETF 4.6 58 -29 9.0 +0.2
GXUS Goldman Sachs MarketBeta Total International Equity ETF 4.6 18 11 7.7 -1.1
CWI SPDR MSCI ACWI ex-US ETF 4.4 30 -1 7.8 -1.0
VSGX Vanguard ESG International Stock ETF 4.4 10 19 7.9 -0.9
VEU Vanguard FTSE All-World ex-US Index Fund 4.4 4 25 8.2 -0.6
EMM Global X Emerging Markets ex-China ETF 4.4 75 -46 6.0 -2.8
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 4.3 46 -17 10.4 +1.7
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 4.2 58 -29 9.8 +1.0
AFK VanEck Africa Index ETF 4.2 98 -69 11.9 +3.1
IXUS iShares Core MSCI Total International Stock ETF 4.1 7 22 8.0 -0.7
EZA iShares MSCI South Africa ETF 4.1 58 -29 10.5 +1.7
EYLD Cambria Emerging Shareholder Yield ETF 4.0 66 -37 12.4 +3.7
VXUS Vanguard Total International Stock ETF 4.0 5 24 8.0 -0.7
THD iShares MSCI Thailand ETF 3.9 58 -29 0.0 -8.8
JSTC Adasina Social Justice All Cap Global ETF 3.8 89 -60 4.8 -4.0
LEGR First Trust Indxx Innovative Transaction & Process ETF 3.7 65 -36 7.4 -1.4
ICLN iShares Global Clean Energy ETF 3.7 41 -12 5.9 -2.9
MEM Matthews Emerging Markets Equity Active ETF 3.6 79 -50 8.0 -0.8
DWX SPDR S&P International Dividend ETF 3.4 45 -16 6.1 -2.6
UAE iShares MSCI UAE ETF 3.3 59 -30 0.0 -8.8
DFAX Dimensional World ex U.S. Core Equity 2 ETF 3.3 30 -1 8.1 -0.6
RCGE RockCreek Global Equality ETF 3.2 95 -66 6.3 -2.5
BLES Inspire Global Hope ETF 3.2 61 -32 6.8 -2.0
NXTG First Trust Indxx NextG ETF 3.0 70 -41 5.3 -3.5
EWW iShares MSCI Mexico ETF 2.8 50 -21 10.2 +1.4
SDIV Global X Superdividend ETF 2.7 58 -29 41.0 +32.2
IQDF FlexShares International Quality Dividend Index Fund 2.6 47 -18 9.3 +0.6
AIA iShares Asia 50 ETF 2.6 50 -21 13.4 +4.6
FID First Trust S&P International Dividend Aristocrats ETF 2.6 60 -31 8.1 -0.7
WDIV SPDR S&P Global Dividend ETF 2.6 40 -11 9.6 +0.8
FLMX Franklin FTSE Mexico ETF 2.4 19 10 10.6 +1.9
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.4 47 -18 8.5 -0.2
VEGI iShares MSCI Agriculture Producers ETF 2.3 39 -10 8.6 -0.2
GREK Global X MSCI Greece ETF 2.1 57 -28 10.5 +1.7
GXC SPDR S&P China ETF 2.1 59 -30 16.3 +7.5
FXI iShares China Large-Cap ETF 2.0 74 -45 17.0 +8.2
MCHI iShares MSCI China ETF 2.0 59 -30 17.7 +8.9
TTAI FCF International Quality ETF 2.0 59 -30 7.0 -1.8
SDG iShares MSCI Global Sustainable Development Goals ETF 2.0 49 -20 6.3 -2.5
IXG iShares Global Financials ETF 1.9 42 -13 6.7 -2.0
KALL KraneShares MSCI All China Index ETF 1.9 49 -20 14.7 +6.0
FILL iShares MSCI Global Energy Producers ETF 1.8 39 -10 12.1 +3.4
FLCH Franklin FTSE China ETF 1.8 19 10 16.6 +7.9
ACWI iShares MSCI ACWI ETF 1.7 32 -3 5.7 -3.1
KLMT Invesco MSCI Global Climate 500 ETF 1.7 10 19 5.9 -2.9
COPY Tweedy, Browne Insider + Value ETF 1.6 80 -51 11.8 +3.1
DGT SPDR Global Dow ETF 1.5 50 -21 7.3 -1.5
VT Vanguard Total World Stock ETF 1.5 6 23 6.0 -2.7
GLOF iShares Global Equity Factor ETF 1.5 20 9 6.7 -2.0
EEMS iShares MSCI Emerging Markets Small Cap ETF 1.5 70 -41 7.8 -1.0
CRAK VanEck Oil Refiners ETF 1.4 61 -32 14.4 +5.6
OBOR KraneShares MSCI One Belt One Road Index ETF 1.4 79 -50 8.8 +0.0
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.4 12 17 5.3 -3.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.4 20 9 5.8 -3.0
BJK VanEck Gaming ETF 1.4 65 -36 4.1 -4.6
CUT Invesco MSCI Global Timber ETF 1.4 61 -32 10.2 +1.4
WOOD iShares Global Timber & Forestry ETF 1.4 42 -13 12.1 +3.4
ADIV SmartETFs Asia Pacific Dividend Builder ETF 1.3 78 -49 9.4 +0.7
EMIF iShares Emerging Markets Infrastructure ETF 1.3 60 -31 6.7 -2.1
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 1.3 80 -51 9.6 +0.9
APIE ActivePassive International Equity ETF 1.3 45 -16 7.5 -1.3
VCLN Virtus Duff & Phelps Clean Energy ETF 1.3 59 -30 5.6 -3.2
GSIB Themes Global Systemically Important Banks ETF 1.2 35 -6 9.8 +1.0
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 1.2 60 -31 7.2 -1.6
EWY iShares MSCI South Korea ETF 1.2 58 -29 9.0 +0.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.2 9 20 5.9 -2.9
FCA First Trust China AlphaDEX Fund 1.2 80 -51 9.0 +0.3
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.2 56 -27 11.1 +2.3
FLKR Franklin FTSE South Korea ETF 1.1 9 20 9.6 +0.8
RNRG Global X Renewable Energy Producers ETF 1.1 66 -37 5.7 -3.1
FTAG First Trust Indxx Global Agriculture ETF 1.1 70 -41 8.3 -0.5
IWTR iShares MSCI Water Management Multisector ETF 1.0 47 -18 5.7 -3.1
COLO Global X MSCI Colombia ETF 1.0 62 -33 18.3 +9.5
FEOE First Eagle Overseas Equity ETF 1.0 79 -50 8.2 -0.6
IPAV Global X Infrastructure Development ex-U.S. ETF 1.0 55 -26 7.6 -1.1
JIG JPMorgan International Growth ETF 0.9 55 -26 4.7 -4.1
BRAZ Global X Brazil Active ETF 0.9 75 -46 12.5 +3.7
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.9 47 -18 5.7 -3.0
RFEU First Trust Riverfront Dynamic Europe ETF 0.9 83 -54 10.4 +1.7
JXI iShares Global Utilities ETF 0.9 43 -14 5.9 -2.9
EPOL iShares MSCI Poland ETF 0.9 59 -30 10.9 +2.2
RFDI First Trust Riverfront Dynamic Developed International ETF 0.8 83 -54 9.7 +1.0
DSTX Distillate International Fundamental Stability & Value ETF 0.8 55 -26 8.2 -0.6
ABLG Abacus FCF International Leaders ETF 0.8 59 -30 6.3 -2.4
KOCG FIS Knights of Columbus Global Belief ETF 0.8 75 -46 5.1 -3.7
NDIA Global X India Active ETF 0.8 75 -46 4.6 -4.1
MOO VanEck Agribusiness ETF 0.8 53 -24 10.3 +1.6
JCHI JPMorgan Active China ETF 0.8 65 -36 15.8 +7.0
EPU iShares MSCI Peru and Global Exposure ETF 0.8 59 -30 7.3 -1.4
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.8 58 -29 4.7 -4.0
OSEA Harbor International Compounders ETF 0.8 55 -26 4.6 -4.2
ERTH Invesco MSCI Sustainable Future ETF 0.7 62 -33 3.7 -5.1
KXI iShares Global Consumer Staples ETF 0.7 41 -12 5.5 -3.3
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.6 80 -51 14.4 +5.6
JPIN J.P. Morgan Diversified Return International Equity ETF 0.6 37 -8 8.5 -0.2
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.6 42 -13 6.7 -2.0
PID Invesco International Dividend Achievers ETF 0.6 53 -24 5.6 -3.2
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.6 80 -51 10.0 +1.3
UIVM VictoryShares International Value Momentum ETF 0.5 35 -6 8.9 +0.2
SMOG VanEck Low Carbon Energy ETF 0.5 61 -32 1.6 -7.2
IGRO iShares International Dividend Growth ETF 0.5 15 14 7.1 -1.6
NLR VanEck Uranium+Nuclear Energy ETF 0.5 61 -32 2.2 -6.6
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.5 24 5 7.5 -1.3
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.5 12 17 7.9 -0.8
ISHP First Trust Nasdaq Retail ETF 0.5 60 -31 5.2 -3.5
HART IQ Healthy Hearts ETF 0.5 45 -16 6.5 -2.2
FEGE First Eagle Global Equity ETF 0.5 79 -50 7.0 -1.8
EWX SPDR S&P Emerging Markets Small Cap ETF 0.5 65 -36 8.2 -0.6
RWX SPDR Dow Jones International Real Estate ETF 0.5 59 -30 6.9 -1.8
SRET Global X SuperDividend REIT ETF 0.5 59 -30 12.1 +3.3
BETZ Roundhill Sports Betting & iGaming ETF 0.5 75 -46 2.0 -6.8
BNGE First Trust S-Network Streaming and Gaming ETF 0.5 70 -41 2.8 -6.0
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.5 60 -31 10.2 +1.4
RGEF Rockefeller Global Equity ETF 0.4 55 -26 4.9 -3.9
ARGT Global X MSCI Argentina ETF 0.4 59 -30 4.3 -4.4
BINV Brandes International ETF 0.4 70 -41 9.6 +0.9
FDD First Trust Stoxx European Select Dividend Index Fund 0.4 58 -29 11.7 +3.0
IDOG ALPS International Sector Dividend Dogs ETF 0.4 50 -21 12.4 +3.6
MOTG VanEck Morningstar Global Wide Moat ETF 0.4 52 -23 6.7 -2.1
MOTI VanEck Morningstar International Moat ETF 0.4 58 -29 11.1 +2.3
FEP First Trust Europe AlphaDEX Fund 0.4 80 -51 9.4 +0.6
FEUZ First Trust Eurozone AlphaDEX ETF 0.4 80 -51 9.2 +0.5
FPXI First Trust International Equity Opportunities ETF 0.4 70 -41 3.4 -5.4
CZA Invesco Zacks Mid-Cap ETF 0.4 72 -43 6.5 -2.3
LIVR Intelligent Livermore ETF 0.4 69 -40 6.2 -2.6
AQWA Global X Clean Water ETF 0.4 50 -21 4.8 -3.9
CGW Invesco S&P Global Water Index ETF 0.4 57 -28 4.5 -4.2
PIO Invesco Global Water ETF 0.4 75 -46 4.6 -4.1
BLLD JPMorgan Sustainable Infrastructure ETF 0.4 49 -20 6.1 -2.7
EFRA iShares Environmental Infrastructure and Industrials ETF 0.4 47 -18 5.2 -3.6
GII SPDR S&P Global Infrastructure ETF 0.4 40 -11 4.7 -4.0
IGF iShares Global Infrastructure ETF 0.4 41 -12 4.7 -4.0
MCH Matthews China Active ETF 0.4 79 -50 15.2 +6.4
IQRA IQ CBRE Real Assets ETF 0.4 65 -36 5.7 -3.0
ARKF ARK Fintech Innovation ETF 0.4 75 -46 -0.4 -9.2
PICK iShares MSCI Global Metals & Mining Producers ETF 0.4 39 -10 14.0 +5.2
ICOP iShares Copper and Metals Mining ETF 0.4 47 -18 9.0 +0.2
IDV iShares International Select Dividend ETF 0.4 51 -22 11.1 +2.4
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.4 10 19 8.1 -0.6
BOUT Innovator IBD Breakout Opportunities ETF 0.4 81 -52 3.4 -5.3
OAIM OneAscent International Equity ETF 0.4 95 -66 5.6 -3.1
AADR AdvisorShares Dorsey Wright ADR ETF 0.4 110 -81 5.1 -3.6
CIBR First Trust NASDAQ Cybersecurity ETF 0.4 60 -31 3.8 -5.0
DGIN VanEck Digital India ETF 0.4 71 -42 2.0 -6.8
FVD First Trust Value Line Dividend Index Fund 0.4 65 -36 6.4 -2.4
GLIN VanEck India Growth Leaders ETF 0.4 77 -48 6.3 -2.5
IXP iShares Global Comm Services ETF 0.4 42 -13 5.6 -3.2
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.4 50 -21 5.4 -3.3
UMMA Wahed Dow Jones Islamic World ETF 0.4 65 -36 5.1 -3.7
GINX SGI Enhanced Global Income ETF 0.4 98 -69 6.9 -1.8
EIDO iShares MSCI Indonesia ETF 0.4 59 -30 9.9 +1.2
IDX VanEck Indonesia Index ETF 0.4 57 -28 9.6 +0.8
VIGI Vanguard International Dividend Appreciation ETF 0.4 10 19 6.1 -2.6
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.4 42 -13 9.9 +1.2
CGV Conductor Global Equity Value ETF 0.4 130 -101 8.6 -0.1
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.3 86 -57 13.2 +4.4
EPI WisdomTree India Earnings Fund 0.3 85 -56 4.7 -4.0
FLIN Franklin FTSE India ETF 0.3 19 10 3.9 -4.8
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 0.3 86 -57 0.8 -8.0
CGGO Capital Group Global Growth Equity ETF 0.3 47 -18 4.7 -4.0
CGXU Capital Group International Focus Equity ETF 0.3 54 -25 5.8 -3.0
INQQ India Internet & Ecommerce ETF 0.3 86 -57 1.2 -7.6
CCNR ALPS CoreCommodity Natural Resources ETF 0.3 39 -10 11.6 +2.9
GCOW Pacer Global Cash Cows Dividend ETF 0.3 60 -31 11.0 +2.3
JHDV John Hancock U.S. High Dividend ETF 0.3 34 -5 6.7 -2.1
FNDF Schwab Fundamental International Large Co. Index ETF 0.3 25 4 9.6 +0.9
CLNR IQ Cleaner Transport ETF 0.3 45 -16 6.6 -2.2
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.3 80 -51 11.2 +2.5
VGSR Vert Global Sustainable Real Estate ETF 0.3 47 -18 7.3 -1.4
OCEN IQ Clean Oceans ETF 0.3 45 -16 6.2 -2.5
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.3 8 21 6.8 -1.9
FSST Fidelity Sustainable U.S. Equity ETF 0.2 59 -30 4.3 -4.4
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.2 45 -16 8.9 +0.2
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.2 49 -20 7.0 -1.8
KNCT Invesco Next Gen Connectivity ETF 0.2 40 -11 4.9 -3.8
RWO SPDR Dow Jones Global Real Estate ETF 0.2 50 -21 7.1 -1.7
HFXI IQ FTSE International Equity Currency Neutral ETF 0.2 20 9 7.2 -1.5
DFGR Dimensional Global Real Estate ETF 0.2 22 7 7.5 -1.3
REET iShares Global REIT ETF 0.2 14 15 7.6 -1.2
VPL Vanguard FTSE Pacific ETF 0.2 7 22 7.2 -1.6
FNDC Schwab Fundamental International Small Co. Index ETF 0.1 39 -10 5.9 -2.9
SCHF Schwab International Equity ETF 0.1 6 23 7.4 -1.4
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.1 46 -17 5.6 -3.2
VEA Vanguard FTSE Developed Markets ETF 0.1 3 26 7.3 -1.5
KOMP SPDR S&P Kensho New Economies Composite ETF 0.1 20 9 2.8 -6.0
VGK Vanguard FTSE Europe ETF 0.1 6 23 7.4 -1.4
SPEU SPDR Portfolio Europe ETF 0.1 7 22 7.3 -1.4
AVRE Avantis Real Estate ETF 0.1 17 12 7.2 -1.6
RXI iShares Global Consumer Discretionary ETF 0.1 41 -12 9.1 +0.4
BBEU JPMorgan BetaBuilders Europe ETF 0.1 9 20 7.2 -1.6
FLEE Franklin FTSE Europe ETF 0.1 9 20 7.4 -1.4
IQSI IQ Candriam International Equity ETF 0.1 15 14 6.7 -2.1
VYM Vanguard High Dividend Yield Index ETF 0.1 6 23 7.2 -1.5
MXI iShares Global Materials ETF 0.1 41 -12 7.9 -0.8
SCHC Schwab International Small-Cap Equity ETF 0.1 11 18 6.8 -2.0
FBCG Fidelity Blue Chip Growth ETF 0.1 59 -30 3.0 -5.8
DIVI Franklin International Core Dividend Tilt Index ETF 0.1 9 20 8.1 -0.6
BKIE BNY Mellon International Equity ETF 0.1 4 25 7.1 -1.7
GSID Goldman Sachs MarketBeta International Equity ETF 0.1 20 9 7.0 -1.8
EXI iShares Global Industrials ETF 0.0 42 -13 4.6 -4.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 -10 8.2 -0.6
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 26 7.2 -1.6
IMFL Invesco International Developed Dynamic Multifactor ETF 0.0 34 -5 5.9 -2.8
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 20 4.8 -3.9
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 -10 6.9 -1.9
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 -13 5.5 -3.3

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:		 Invesco S&P Emerging Markets Low Volatility ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.7 %
Divided by: Fwd. P/BV 1.4 x
Less: Expense ratio 29 bp
Equals: ALTAR Score 8.8 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.67 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.