Invesco S&P Emerging Markets Low Volatility ETF
ALTAR
Score™		 9.2% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 12.2x P/Sales
ratio		 1.5x
P/BV
ratio		 1.6x Div.
yield		 4.1%


  • 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) $406
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) $28,356
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
TISCO FINANCIAL GROUP-NVDR 1.0 %
CHUNGHWA TELECOM CO., LTD 0.9 %
SAUDI ARABIAN OIL COMPANY (SAUDI A 0.9 %
KUWAIT FINANCE HOUSE 0.8 %
IHH HEALTHCARE BHD 0.8 %
SAUDI TELECOM CO. 0.8 %
JARIR MARKETING CO. 0.7 %
MALAYAN BANKING BHD 0.7 %
HONG LEONG BANK BERHAD 0.7 %
QL RESOURCES BHD 0.7 %
Total 8.0 %

TOP COUNTRY EXPOSURE
SAUDI ARABIA 14.2 %
TAIWAN 11.6 %
BRAZIL 10.4 %
MALAYSIA 8.2 %
SOUTH AFRICA 6.7 %
QATAR 5.5 %
THAILAND 5.1 %
CHILE 5.0 %
KUWAIT 4.5 %
CHINA 3.1 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru September 30)
Year-to-date 1 year 5 years 10 years Since Incep.
15.0% 3.2% 9.3% 5.9% 3.6%

Market Correlations
versus... Beta R-squared
S&P500 0.49 38%
MSCI EAFE 0.50 49%
MSCI Emg. Mkts. 0.51 58%

Technical Indicators
Recent close $26.74
30d moving avg. $26.59
Annualized volatility 10.8%
Short interest (ETF) 0.4%
Relative strength (RSI) 57

Liquidity measures
Avg. volume (thou.) 53
Turnover 0.4%
Bid/Ask (% of price) 0.70%
ADV underlying (mns) $2,793

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 288 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™: 9.2%


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 28.1 25 4 6.4 -2.8
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 27.2 44 -15 10.4 +1.2
XCEM Columbia EM Core ex-China ETF 22.4 16 13 7.7 -1.6
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 20.7 40 -11 6.8 -2.4
RNEM First Trust Emerging Markets Equity Select ETF 20.3 75 -46 7.8 -1.5
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 20.3 30 -1 8.9 -0.4
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 20.3 24 5 7.4 -1.8
EMXF iShares ESG Advanced MSCI EM ETF 19.3 16 13 8.1 -1.1
EDIV SPDR S&P Emerging Markets Dividend ETF 18.6 49 -20 12.1 +2.8
EMXC iShares MSCI Emerging Markets ex China ETF 17.6 25 4 7.0 -2.2
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 17.6 32 -3 6.5 -2.7
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 17.3 45 -16 9.8 +0.5
ECON Columbia Emerging Markets Consumer ETF 17.3 49 -20 11.5 +2.3
STXE Strive Emerging Markets Ex-China ETF 17.0 32 -3 7.2 -2.1
XCNY SPDR S&P Emerging Markets ex-China ETF 16.9 15 14 7.4 -1.8
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 16.7 15 14 7.4 -1.8
EMMF WisdomTree Emerging Markets Multifactor Fund 16.7 48 -19 7.2 -2.0
LDEM iShares ESG MSCI EM Leaders ETF 16.5 17 12 13.5 +4.3
FDEM Fidelity Emerging Markets Multifactor ETF 16.4 25 4 12.5 +3.2
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 16.3 39 -10 15.6 +6.4
JHEM John Hancock Multifactor Emerging Markets ETF 16.1 49 -20 9.6 +0.4
DEM WisdomTree Emerging Markets High Dividend Fund 15.9 63 -34 13.6 +4.3
ROAM Hartford Multifactor Emerging Markets ETF 15.9 44 -15 11.5 +2.3
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 15.8 15 14 9.7 +0.5
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 15.6 66 -37 8.9 -0.4
BKEM BNY Mellon Emerging Markets Equity ETF 15.4 11 18 9.5 +0.3
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 15.1 50 -21 10.7 +1.4
FLLA Franklin FTSE Latin America ETF 14.9 19 10 12.4 +3.2
PXH Invesco FTSE RAFI Emerging Markets ETF 14.7 49 -20 15.2 +6.0
SCHE Schwab Emerging Markets Equity ETF 14.7 11 18 10.6 +1.3
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 14.5 36 -7 9.2 -0.0
EEM iShares MSCI Emerging Markets ETF 14.0 69 -40 9.6 +0.4
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 13.8 30 -1 9.7 +0.5
FLSA Franklin FTSE Saudi Arabia ETF 13.3 39 -10 0.0 -9.2
KSA iShares MSCI Saudi Arabia ETF 13.2 74 -45 0.0 -9.2
VWO Vanguard FTSE Emerging Markets ETF 13.2 7 22 9.9 +0.7
DFAE Dimensional Emerging Core Equity Market ETF 12.9 35 -6 8.8 -0.4
DEXC Dimensional Emerging Markets ex China Core EquityETF 12.8 53 -24 7.4 -1.8
SPEM SPDR Portfolio Emerging Markets ETF 12.8 7 22 10.2 +1.0
XC WisdomTree Emerging Markets Ex-China Fund 12.5 32 -3 6.3 -3.0
ESGE iShares ESG Aware MSCI EM ETF 12.4 25 4 9.6 +0.4
EMGF iShares Emerging Markets Equity Factor ETF 12.4 25 4 11.0 +1.8
IEMG iShares Core MSCI Emerging Markets ETF 12.1 9 20 9.9 +0.7
FRDM Freedom 100 Emerging Markets ETF 12.0 49 -20 7.5 -1.8
EEMO Invesco S&P Emerging Markets Momentum ETF 11.8 29 0 6.5 -2.7
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 11.5 59 -30 8.5 -0.7
DFEV Dimensional Emerging Markets Value ETF 11.4 43 -14 12.6 +3.4
FLN First Trust Latin America AlphaDEX Fund 11.3 80 -51 10.0 +0.8
FTHF First Trust Emerging Markets Human Flourishing ETF 11.3 75 -46 7.5 -1.7
DFEM Dimensional Emerging Markets Core Equity 2 ETF 10.7 38 -9 8.8 -0.4
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 10.7 41 -12 8.4 -0.8
DEHP Dimensional Emerging Markets High Profitability ETF 10.6 41 -12 6.3 -2.9
EWT iShares MSCI Taiwan ETF 10.5 58 -29 6.1 -3.2
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 10.4 33 -4 9.4 +0.2
EVLU iShares MSCI Emerging Markets Value Factor ETF 10.4 35 -6 16.4 +7.2
AVXC Avantis Emerging Markets Ex-China Equity ETF 10.3 33 -4 8.2 -1.1
DVYE iShares Emerging Markets Dividend ETF 10.0 49 -20 18.4 +9.1
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 10.0 32 -3 8.7 -0.5
FLTW Franklin FTSE Taiwan ETF 9.9 19 10 6.1 -3.1
AVEM Avantis Emerging Markets Equity ETF 9.7 33 -4 8.2 -1.0
AVES Avantis Emerging Markets Value ETF 9.3 36 -7 10.8 +1.6
EWZ iShares MSCI Brazil ETF 9.0 58 -29 12.6 +3.4
NUEM Nuveen ESG Emerging Markets Equity ETF 8.9 36 -7 7.5 -1.7
UEVM VictoryShares Emerging Markets Value Momentum ETF 8.8 45 -16 10.6 +1.3
GVAL Cambria Global Value ETF 8.6 68 -39 10.2 +1.0
FLBR Franklin FTSE Brazil ETF 8.6 19 10 14.0 +4.8
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 8.6 90 -61 6.8 -2.4
AVSE Avantis Responsible Emerging Markets Equity ETF 8.5 33 -4 8.1 -1.2
ECOW Pacer Emerging Markets Cash Cows 100 ETF 8.4 70 -41 12.7 +3.5
VIDI Vident International Equity Strategy ETF 8.1 61 -32 10.5 +1.3
SDEM Global X MSCI SuperDividend Emerging Markets ETF 8.0 67 -38 13.2 +4.0
VYMI Vanguard International High Dividend Yield ETF 7.5 17 12 9.5 +0.3
GMF SPDR S&P Emerging Asia Pacific ETF 7.5 49 -20 9.2 -0.1
EWM iShares MSCI Malaysia ETF 7.4 50 -21 6.8 -2.5
EMDM First Trust Bloomberg Emerging Market Democracies ETF 7.2 75 -46 8.4 -0.8
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 7.1 20 9 9.7 +0.5
DWX SPDR S&P International Dividend ETF 6.6 45 -16 6.3 -3.0
ILF iShares Latin America 40 ETF 6.4 48 -19 12.1 +2.8
ACWV iShares MSCI Global Min Vol Factor ETF 6.3 20 9 6.3 -2.9
FLAX Franklin FTSE Asia Ex Japan ETF 6.1 19 10 8.7 -0.6
SCHY Schwab International Dividend Equity ETF 5.9 14 15 9.7 +0.5
ASEA Global X FTSE Southeast Asia ETF 5.9 65 -36 6.6 -2.6
AFK VanEck Africa Index ETF 5.8 98 -69 11.5 +2.3
EZA iShares MSCI South Africa ETF 5.8 58 -29 9.4 +0.2
EEMA iShares MSCI Emerging Markets Asia ETF 5.7 49 -20 9.5 +0.3
FEM First Trust Emerging Markets AlphaDEX Fund 5.7 80 -51 11.2 +1.9
RODE Hartford Multifactor Diversified International ETF 5.6 29 0 11.5 +2.3
QAT iShares MSCI Qatar ETF 5.5 59 -30 50.0 +40.7
EDOG ALPS Emerging Sector Dividend Dogs ETF 5.5 60 -31 10.6 +1.4
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 5.5 88 -59 8.2 -1.0
AAXJ iShares MSCI All Country Asia ex Japan ETF 5.3 70 -41 8.7 -0.5
BKF iShares MSCI BIC ETF 5.2 69 -40 13.4 +4.2
WWJD Inspire International ETF 5.1 80 -51 7.3 -2.0
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 5.0 41 -12 7.1 -2.2
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 5.0 95 -66 11.3 +2.1
EYLD Cambria Emerging Shareholder Yield ETF 4.9 66 -37 12.3 +3.1
GXUS Goldman Sachs MarketBeta Total International Equity ETF 4.9 18 11 7.8 -1.5
DEW WisdomTree Global High Dividend Fund 4.7 58 -29 8.5 -0.7
ACWX iShares MSCI ACWI ex U.S. ETF 4.6 34 -5 7.5 -1.8
ECH iShares MSCI Chile ETF 4.5 58 -29 7.9 -1.4
EMC Global X Emerging Markets Great Consumer ETF 4.4 75 -46 10.9 +1.7
VSGX Vanguard ESG International Stock ETF 4.4 10 19 7.5 -1.7
JSTC Adasina Social Justice All Cap Global ETF 4.3 89 -60 4.9 -4.4
VEU Vanguard FTSE All-World ex-US Index Fund 4.2 4 25 7.9 -1.3
CWI SPDR MSCI ACWI ex-US ETF 4.2 30 -1 7.4 -1.8
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 4.1 46 -17 9.9 +0.6
IXUS iShares Core MSCI Total International Stock ETF 4.0 7 22 7.7 -1.6
VXUS Vanguard Total International Stock ETF 3.9 5 24 7.7 -1.5
LEGR First Trust Indxx Innovative Transaction & Process ETF 3.8 65 -36 7.6 -1.6
MEM Matthews Emerging Markets Equity Active ETF 3.5 79 -50 7.3 -1.9
EMM Global X Emerging Markets ex-China ETF 3.5 75 -46 6.0 -3.2
THD iShares MSCI Thailand ETF 3.3 58 -29 0.0 -9.2
SDIV Global X Superdividend ETF 3.2 58 -29 41.6 +32.4
NXTG First Trust Indxx NextG ETF 3.2 70 -41 4.9 -4.3
DFAX Dimensional World ex U.S. Core Equity 2 ETF 3.2 30 -1 7.7 -1.5
BLES Inspire Global Hope ETF 3.1 61 -32 6.8 -2.4
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 3.0 58 -29 10.0 +0.8
AIA iShares Asia 50 ETF 2.8 50 -21 11.3 +2.1
EWW iShares MSCI Mexico ETF 2.8 50 -21 9.7 +0.5
GREK Global X MSCI Greece ETF 2.7 57 -28 11.4 +2.2
RCGE RockCreek Global Equality ETF 2.7 95 -66 6.8 -2.4
IQDF FlexShares International Quality Dividend Index Fund 2.6 47 -18 8.8 -0.4
UAE iShares MSCI UAE ETF 2.6 59 -30 0.0 -9.2
FID First Trust S&P International Dividend Aristocrats ETF 2.5 60 -31 8.0 -1.3
WDIV SPDR S&P Global Dividend ETF 2.5 40 -11 9.4 +0.2
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.4 47 -18 8.0 -1.2
SDG iShares MSCI Global Sustainable Development Goals ETF 2.4 49 -20 5.7 -3.6
ICLN iShares Global Clean Energy ETF 2.4 41 -12 4.3 -4.9
GXC SPDR S&P China ETF 2.4 59 -30 15.0 +5.8
MCHI iShares MSCI China ETF 2.3 59 -30 17.1 +7.9
FLCH Franklin FTSE China ETF 2.3 19 10 15.5 +6.3
FXI iShares China Large-Cap ETF 2.3 74 -45 18.5 +9.2
FLMX Franklin FTSE Mexico ETF 2.3 19 10 10.0 +0.8
KALL KraneShares MSCI All China Index ETF 2.2 49 -20 15.2 +5.9
TTAI FCF International Quality ETF 2.1 59 -30 7.4 -1.8
OBOR KraneShares MSCI One Belt One Road Index ETF 2.0 79 -50 8.7 -0.5
IXG iShares Global Financials ETF 2.0 42 -13 6.7 -2.5
VEGI iShares MSCI Agriculture Producers ETF 1.8 39 -10 9.2 -0.0
DSTX Distillate International Fundamental Stability & Value ETF 1.8 55 -26 7.6 -1.6
KLMT Invesco MSCI Global Climate 500 ETF 1.7 10 19 5.6 -3.7
ACWI iShares MSCI ACWI ETF 1.6 32 -3 5.4 -3.9
DGT SPDR Global Dow ETF 1.6 50 -21 6.8 -2.5
GLOF iShares Global Equity Factor ETF 1.6 20 9 6.3 -2.9
FILL iShares MSCI Global Energy Producers ETF 1.5 39 -10 11.7 +2.5
VT Vanguard Total World Stock ETF 1.5 6 23 5.7 -3.5
APIE ActivePassive International Equity ETF 1.4 45 -16 7.3 -2.0
CUT Invesco MSCI Global Timber ETF 1.4 61 -32 11.5 +2.3
WOOD iShares Global Timber & Forestry ETF 1.4 42 -13 13.3 +4.0
COPY Tweedy, Browne Insider + Value ETF 1.4 80 -51 11.9 +2.7
EMIF iShares Emerging Markets Infrastructure ETF 1.4 60 -31 4.9 -4.4
VCLN Virtus Duff & Phelps Clean Energy ETF 1.4 59 -30 4.1 -5.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.3 20 9 5.5 -3.8
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.3 12 17 5.0 -4.2
ADIV SmartETFs Asia Pacific Dividend Builder ETF 1.3 78 -49 9.4 +0.1
COLO Global X MSCI Colombia ETF 1.3 62 -33 15.5 +6.3
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 1.3 60 -31 8.3 -0.9
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 1.3 80 -51 8.5 -0.7
GSIB Themes Global Systemically Important Banks ETF 1.2 35 -6 9.0 -0.3
FLKR Franklin FTSE South Korea ETF 1.1 9 20 7.3 -1.9
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 1.1 47 -18 5.9 -3.4
JCHI JPMorgan Active China ETF 1.1 65 -36 14.9 +5.6
FEUZ First Trust Eurozone AlphaDEX ETF 1.0 80 -51 9.1 -0.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.0 9 20 5.5 -3.7
CRAK VanEck Oil Refiners ETF 1.0 61 -32 12.6 +3.3
RNRG Global X Renewable Energy Producers ETF 1.0 66 -37 1.3 -8.0
FEOE First Eagle Overseas Equity ETF 1.0 79 -50 7.7 -1.5
IPAV Global X Infrastructure Development ex-U.S. ETF 1.0 55 -26 7.6 -1.6
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.9 56 -27 10.8 +1.6
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.9 70 -41 7.6 -1.6
JXI iShares Global Utilities ETF 0.9 43 -14 5.6 -3.7
JPIN J.P. Morgan Diversified Return International Equity ETF 0.9 37 -8 8.3 -0.9
RFEU First Trust Riverfront Dynamic Europe ETF 0.9 83 -54 10.4 +1.2
BJK VanEck Gaming ETF 0.9 65 -36 4.7 -4.6
BRAZ Global X Brazil Active ETF 0.9 75 -46 12.2 +3.0
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.9 80 -51 9.2 -0.0
KOCG FIS Knights of Columbus Global Belief ETF 0.9 75 -46 5.3 -3.9
NDIA Global X India Active ETF 0.9 75 -46 5.0 -4.2
ABLG Abacus FCF International Leaders ETF 0.9 59 -30 6.9 -2.4
EWY iShares MSCI South Korea ETF 0.8 58 -29 6.6 -2.6
RFDI First Trust Riverfront Dynamic Developed International ETF 0.8 83 -54 9.3 +0.1
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.8 80 -51 14.5 +5.3
ERTH Invesco MSCI Sustainable Future ETF 0.8 62 -33 3.5 -5.7
FEP First Trust Europe AlphaDEX Fund 0.8 80 -51 9.0 -0.2
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.8 58 -29 4.4 -4.9
EPU iShares MSCI Peru and Global Exposure ETF 0.7 59 -30 5.7 -3.5
FCA First Trust China AlphaDEX Fund 0.7 80 -51 8.0 -1.2
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.7 42 -13 9.7 +0.5
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.7 12 17 8.2 -1.1
PID Invesco International Dividend Achievers ETF 0.6 53 -24 5.6 -3.7
KXI iShares Global Consumer Staples ETF 0.6 41 -12 5.8 -3.4
FTAG First Trust Indxx Global Agriculture ETF 0.6 70 -41 8.9 -0.4
JIG JPMorgan International Growth ETF 0.6 55 -26 4.6 -4.6
ISHP First Trust Nasdaq Retail ETF 0.6 60 -31 5.7 -3.6
RWX SPDR Dow Jones International Real Estate ETF 0.5 59 -30 7.0 -2.2
SRET Global X SuperDividend REIT ETF 0.5 59 -30 12.2 +3.0
OCEN IQ Clean Oceans ETF 0.5 45 -16 6.1 -3.2
NLR VanEck Uranium+Nuclear Energy ETF 0.5 61 -32 1.3 -8.0
NUKZ Range Nuclear Renaissance Index ETF 0.5 85 -56 1.6 -7.7
RGEF Rockefeller Global Equity ETF 0.5 55 -26 4.6 -4.6
HART IQ Healthy Hearts ETF 0.5 45 -16 6.8 -2.5
BETZ Roundhill Sports Betting & iGaming ETF 0.5 75 -46 3.2 -6.0
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.5 60 -31 10.1 +0.9
FEGE First Eagle Global Equity ETF 0.5 79 -50 6.8 -2.4
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.5 10 19 8.2 -1.1
BNGE First Trust S-Network Streaming and Gaming ETF 0.5 70 -41 2.7 -6.5
BINV Brandes International ETF 0.5 70 -41 9.2 -0.0
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.5 42 -13 7.1 -2.2
OSEA Harbor International Compounders ETF 0.5 55 -26 4.8 -4.5
OAIM OneAscent International Equity ETF 0.5 95 -66 5.6 -3.6
ARGT Global X MSCI Argentina ETF 0.5 59 -30 3.9 -5.4
FPXI First Trust International Equity Opportunities ETF 0.4 70 -41 4.1 -5.1
EPOL iShares MSCI Poland ETF 0.4 59 -30 10.9 +1.6
CZA Invesco Zacks Mid-Cap ETF 0.4 72 -43 6.7 -2.6
JHDV John Hancock U.S. High Dividend ETF 0.4 34 -5 6.5 -2.7
UIVM VictoryShares International Value Momentum ETF 0.4 35 -6 9.0 -0.3
MOTG VanEck Morningstar Global Wide Moat ETF 0.4 52 -23 7.7 -1.5
MOTI VanEck Morningstar International Moat ETF 0.4 58 -29 11.9 +2.6
ARKF ARK Fintech Innovation ETF 0.4 75 -46 -0.4 -9.7
AQWA Global X Clean Water ETF 0.4 50 -21 5.0 -4.2
CGW Invesco S&P Global Water Index ETF 0.4 57 -28 4.7 -4.5
PIO Invesco Global Water ETF 0.4 75 -46 4.3 -4.9
BLLD JPMorgan Sustainable Infrastructure ETF 0.4 49 -20 6.2 -3.0
EFRA iShares Environmental Infrastructure and Industrials ETF 0.4 47 -18 5.4 -3.9
CGV Conductor Global Equity Value ETF 0.4 130 -101 8.4 -0.8
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.4 24 5 7.5 -1.7
PICK iShares MSCI Global Metals & Mining Producers ETF 0.4 39 -10 11.3 +2.0
GII SPDR S&P Global Infrastructure ETF 0.4 40 -11 4.7 -4.5
IGF iShares Global Infrastructure ETF 0.4 41 -12 4.7 -4.5
IQRA IQ CBRE Real Assets ETF 0.4 65 -36 5.7 -3.5
AADR AdvisorShares Dorsey Wright ADR ETF 0.4 110 -81 4.8 -4.4
CIBR First Trust NASDAQ Cybersecurity ETF 0.4 60 -31 4.0 -5.2
DGIN VanEck Digital India ETF 0.4 71 -42 2.2 -7.0
FVD First Trust Value Line Dividend Index Fund 0.4 65 -36 6.5 -2.7
GLIN VanEck India Growth Leaders ETF 0.4 77 -48 6.9 -2.3
UMMA Wahed Dow Jones Islamic World ETF 0.4 65 -36 5.1 -4.1
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.4 86 -57 13.7 +4.4
EPI WisdomTree India Earnings Fund 0.4 85 -56 5.2 -4.0
FLIN Franklin FTSE India ETF 0.4 19 10 4.2 -5.0
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 0.4 86 -57 0.5 -8.8
CGGO Capital Group Global Growth Equity ETF 0.4 47 -18 4.5 -4.7
CGXU Capital Group International Focus Equity ETF 0.4 54 -25 5.2 -4.0
INQQ India Internet & Ecommerce ETF 0.4 86 -57 1.4 -7.8
IDV iShares International Select Dividend ETF 0.4 51 -22 10.5 +1.3
MOO VanEck Agribusiness ETF 0.4 53 -24 11.0 +1.8
SMOG VanEck Low Carbon Energy ETF 0.4 61 -32 1.5 -7.7
MCH Matthews China Active ETF 0.4 79 -50 13.6 +4.4
IXP iShares Global Comm Services ETF 0.3 42 -13 5.5 -3.7
VGSR Vert Global Sustainable Real Estate ETF 0.3 47 -18 7.6 -1.7
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.3 80 -51 10.5 +1.2
CCNR ALPS CoreCommodity Natural Resources ETF 0.3 39 -10 10.0 +0.8
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.3 32 -3 15.7 +6.5
FSST Fidelity Sustainable U.S. Equity ETF 0.3 59 -30 4.2 -5.0
FNDC Schwab Fundamental International Small Co. Index ETF 0.3 39 -10 5.8 -3.5
HAP VanEck Natural Resources ETF 0.2 50 -21 9.1 -0.1
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.2 46 -17 5.8 -3.5
GCOW Pacer Global Cash Cows Dividend ETF 0.2 60 -31 11.1 +1.8
CLNR IQ Cleaner Transport ETF 0.2 45 -16 6.7 -2.5
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 8 21 6.1 -3.1
WRND IQ Global Equity R&D Leaders ETF 0.2 18 11 7.7 -1.5
RWO SPDR Dow Jones Global Real Estate ETF 0.2 50 -21 7.1 -2.1
DFGR Dimensional Global Real Estate ETF 0.2 22 7 7.6 -1.6
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.2 49 -20 6.9 -2.4
REET iShares Global REIT ETF 0.2 14 15 7.6 -1.7
IGRO iShares International Dividend Growth ETF 0.2 15 14 7.3 -1.9
KNCT Invesco Next Gen Connectivity ETF 0.2 40 -11 4.3 -4.9
IMFL Invesco International Developed Dynamic Multifactor ETF 0.1 34 -5 5.9 -3.3
RXI iShares Global Consumer Discretionary ETF 0.1 41 -12 9.2 -0.0
VPL Vanguard FTSE Pacific ETF 0.1 7 22 6.5 -2.7
IXJ iShares Global Healthcare ETF 0.1 42 -13 7.1 -2.1
AVRE Avantis Real Estate ETF 0.1 17 12 7.4 -1.9
KOMP SPDR S&P Kensho New Economies Composite ETF 0.1 20 9 2.3 -6.9
VYM Vanguard High Dividend Yield Index ETF 0.1 6 23 7.1 -2.2
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 -36 7.8 -1.4
HFXI IQ FTSE International Equity Currency Neutral ETF 0.1 20 9 6.8 -2.4
FBCG Fidelity Blue Chip Growth ETF 0.1 59 -30 2.7 -6.5
SCHC Schwab International Small-Cap Equity ETF 0.1 11 18 6.6 -2.7
FNDF Schwab Fundamental International Large Co. Index ETF 0.1 25 4 9.3 +0.1
MXI iShares Global Materials ETF 0.1 41 -12 7.6 -1.6
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.1 45 -16 8.6 -0.6
VEA Vanguard FTSE Developed Markets ETF 0.0 3 26 7.1 -2.2
EXI iShares Global Industrials ETF 0.0 42 -13 4.5 -4.8
SCHF Schwab International Equity ETF 0.0 6 23 7.1 -2.1
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 20 4.6 -4.7
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 26 6.8 -2.4
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 -10 6.7 -2.6
VGK Vanguard FTSE Europe ETF 0.0 6 23 7.5 -1.8
SPEU SPDR Portfolio Europe ETF 0.0 7 22 7.4 -1.9
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 -10 7.9 -1.4

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:

NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 13.9 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 29 bp
Equals: ALTAR Score 9.2 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.70 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.