AAM S&P Emerging Markets High Dividend Value ETF
ALTAR
Score™		 16.1% info Recommen-
dation		 SPECULATIVE
2024E    2025E
P/E
ratio		 7.2x P/Sales
ratio		 0.4x
P/BV
ratio		 0.7x Div.
yield		 7.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The AAM S&P Emerging Markets High Dividend Value ETF seeks to provide investment results that, before fees and expenses, track the total return performance of the S&P Emerging Markets Dividend and Free Cash Flow Yield Index.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Advisors Asset Mgmt
Website www.aamlive.com
Inception date Nov 28, 2017
Assets (mns) $8
Currency USD
Expense ratio 49 bp
Distributions Monthly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Equal
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 58
Wgt avg mkt cap (mns) $8,487
Large cap (>$10bn) 22.7%
Mid cap ($2-10bn) 63.8%
Small cap (<$2bn) 11.4%
Developed mkts 9.4%
Emerging mkts 90.6%

TOP TEN HOLDINGS
CSN MINERACAO SA 2.3 %
ELECTRICITY GENERATING PUBLIC CO., 2.3 %
LONGFOR PROPERTIES 2.2 %
ADARO ENERGY PT 2.2 %
TIANQI LITHIUM CORP 2.2 %
BANGKOK DUSIT MED SERVI-NVDR 2.1 %
INDOFOOD SUKSES MAK TBK PT 2.1 %
X5 RETAIL GROUP N.V. SPONSORED GDR 2.1 %
HISENSE KELON ELEC HLD-H 2.1 %
GUANGDONG INVESTMENT LTD 2.1 %
Total 21.6 %

TOP COUNTRY EXPOSURE
BRAZIL 16.5 %
CHINA 16.5 %
SOUTH KOREA 14.3 %
INDONESIA 7.8 %
TAIWAN 6.7 %
THAILAND 6.4 %
SOUTH AFRICA 5.1 %
HONG KONG 3.9 %
UAE 3.4 %
RUSSIA 2.1 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-- -- -- -- 0.0%

Market Correlations
versus... Beta R-squared
S&P500 0.67 42%
MSCI EAFE 0.84 67%
MSCI Emg. Mkts. 0.85 69%

Technical Indicators
Recent close $20.09
30d moving avg. $19.37
Annualized volatility 18.0%
Short interest (ETF) 1.0%
Relative strength (RSI) 62

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.2%
Bid/Ask (% of price) 0.34%
ADV underlying (mns) $939

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 236 potential alternatives to the AAM S&P Emerging Markets High Dividend Value ETF ETF based on the alternatives' overlap in portfolio holdings with EEMD. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EEMD Expense: 49 bp ALTAR Score™: 16.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EEMD
Ticker Fund
Name		 Overlap1
vs EEMD
(%)		 Expense
ratio
(bp)		 Savings
vs EEMD
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EEMD
(%)
ECOW Pacer Emerging Markets Cash Cows 100 ETF 14.2 70 -21 9.2 -7.0
DVYE iShares Emerging Markets Dividend ETF 13.4 49 0 18.8 +2.6
EDOG ALPS Emerging Sector Dividend Dogs ETF 12.8 60 -11 13.4 -2.7
FDEM Fidelity Emerging Markets Multifactor ETF 10.4 25 24 12.3 -3.8
SDEM Global X MSCI SuperDividend Emerging Markets ETF 10.3 67 -18 15.0 -1.1
UEVM VictoryShares Emerging Markets Value Momentum ETF 9.9 45 4 12.3 -3.8
EWZ iShares MSCI Brazil ETF 9.9 58 -9 10.4 -5.8
FLN First Trust Latin America AlphaDEX Fund 9.7 80 -31 8.4 -7.7
FBZ First Trust Brazil AlphaDEX Fund 9.6 80 -31 13.3 -2.8
FLBR Franklin FTSE Brazil ETF 9.6 19 30 13.2 -3.0
FLLA Franklin FTSE Latin America ETF 8.6 19 30 13.2 -3.0
FCA First Trust China AlphaDEX Fund 7.9 80 -31 16.2 +0.0
EVLU iShares MSCI Emerging Markets Value Factor ETF 7.1 35 14 12.4 -3.7
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 6.8 88 -39 7.4 -8.7
IDX VanEck Indonesia Index ETF 6.7 57 -8 8.8 -7.4
EELV Invesco S&P Emerging Markets Low Volatility ETF 6.7 29 20 8.7 -7.4
EYLD Cambria Emerging Shareholder Yield ETF 6.6 66 -17 13.2 -3.0
FEM First Trust Emerging Markets AlphaDEX Fund 6.2 80 -31 13.0 -3.1
EIDO iShares MSCI Indonesia ETF 6.1 59 -10 7.5 -8.7
EMMF WisdomTree Emerging Markets Multifactor Fund 5.9 48 1 8.8 -7.4
ROAM Hartford Multifactor Emerging Markets ETF 5.5 44 5 15.8 -0.3
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 5.5 50 -1 13.0 -3.2
SDIV Global X Superdividend ETF 5.3 58 -9 14.9 -1.2
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 5.2 44 5 10.6 -5.5
DEM WisdomTree Emerging Markets High Dividend Fund 5.1 63 -14 18.9 +2.7
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 5.1 39 10 12.5 -3.7
EWY iShares MSCI South Korea ETF 5.0 58 -9 9.8 -6.3
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 4.9 60 -11 9.8 -6.3
PXH Invesco FTSE RAFI Emerging Markets ETF 4.4 49 0 12.2 -3.9
EMDM First Trust Bloomberg Emerging Market Democracies ETF 4.3 75 -26 8.2 -7.9
FLKR Franklin FTSE South Korea ETF 4.2 9 40 10.6 -5.5
EMGF iShares Emerging Markets Equity Factor ETF 4.2 25 24 8.5 -7.7
DFEV Dimensional Emerging Markets Value ETF 4.0 43 6 11.1 -5.1
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 4.0 24 25 9.2 -6.9
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 3.9 80 -31 7.6 -8.6
AVES Avantis Emerging Markets Value ETF 3.9 36 13 11.6 -4.6
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 3.6 95 -46 10.5 -5.6
GVAL Cambria Global Value ETF 3.4 68 -19 13.1 -3.1
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 3.3 18 31 6.8 -9.3
THD iShares MSCI Thailand ETF 3.2 58 -9 6.1 -10.0
EDIV SPDR S&P Emerging Markets Dividend ETF 3.1 49 0 12.0 -4.1
FTHF First Trust Emerging Markets Human Flourishing ETF 3.1 75 -26 8.9 -7.3
UAE iShares MSCI UAE ETF 3.1 59 -10 8.4 -7.7
IQDY FlexShares International Quality Dividend Dynamic Index Fund 3.1 47 2 9.4 -6.8
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 3.1 90 -41 6.1 -10.0
VIDI Vident International Equity Strategy ETF 3.0 61 -12 10.2 -5.9
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 3.0 45 4 11.0 -5.2
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 3.0 58 -9 10.2 -6.0
DSTX Distillate International Fundamental Stability & Value ETF 3.0 55 -6 8.0 -8.2
EMXC iShares MSCI Emerging Markets ex China ETF 2.9 25 24 6.7 -9.5
IQDF FlexShares International Quality Dividend Index Fund 2.9 47 2 12.9 -3.3
RODE Hartford Multifactor Diversified International ETF 2.9 29 20 11.8 -4.4
JHEM John Hancock Multifactor Emerging Markets ETF 2.8 49 0 8.2 -8.0
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 2.8 30 19 8.1 -8.0
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 2.8 25 24 6.6 -9.5
XCEM Columbia EM Core ex-China ETF 2.6 16 33 7.7 -8.4
STXE Strive Emerging Markets Ex-China ETF 2.6 32 17 7.0 -9.1
ECON Columbia Emerging Markets Consumer ETF 2.6 49 0 7.3 -8.8
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 2.5 40 9 8.3 -7.9
ESGE iShares ESG Aware MSCI EM ETF 2.5 25 24 7.1 -9.0
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 2.5 80 -31 12.3 -3.9
VNQI Vanguard Global ex-U.S. Real Estate ETF 2.5 12 37 8.3 -7.9
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 2.4 32 17 6.9 -9.3
EEM iShares MSCI Emerging Markets ETF 2.4 69 -20 6.9 -9.3
DFAE Dimensional Emerging Core Equity Market ETF 2.4 35 14 7.3 -8.8
BKEM BNY Mellon Emerging Markets Equity ETF 2.3 11 38 8.4 -7.8
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 2.3 66 -17 10.0 -6.2
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 2.3 36 13 7.8 -8.3
FPXI First Trust International Equity Opportunities ETF 2.3 70 -21 4.9 -11.2
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 2.3 15 34 7.2 -8.9
EWT iShares MSCI Taiwan ETF 2.2 58 -9 5.7 -10.5
XCNY SPDR S&P Emerging Markets ex-China ETF 2.2 15 34 6.3 -9.9
IEMG iShares Core MSCI Emerging Markets ETF 2.2 9 40 7.5 -8.7
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 2.1 15 34 10.2 -5.9
RNEM First Trust Emerging Markets Equity Select ETF 2.1 75 -26 7.6 -8.6
ICLN iShares Global Clean Energy ETF 2.1 41 8 6.0 -10.2
DFEM Dimensional Emerging Markets Core Equity 2 ETF 2.1 38 11 7.8 -8.3
DEHP Dimensional Emerging Markets High Profitability ETF 2.1 41 8 5.0 -11.2
SCHE Schwab Emerging Markets Equity ETF 2.1 11 38 7.1 -9.0
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 2.1 30 19 7.3 -8.9
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 2.1 59 -10 11.3 -4.9
BKF iShares MSCI BIC ETF 2.1 69 -20 6.9 -9.2
EBLU Ecofin Global Water ESG Fund 2.1 40 9 4.9 -11.2
EQLT iShares MSCI Emerging Markets Quality Factor ETF 2.0 35 14 7.4 -8.8
SRET Global X SuperDividend REIT ETF 2.0 59 -10 9.7 -6.5
IQDE FlexShares International Quality Dividend Defensive Index ET 2.0 47 2 14.8 -1.3
FID First Trust S&P International Dividend Aristocrats ETF 2.0 60 -11 9.0 -7.2
FGD First Trust Dow Jones Global Select Dividend Index Fund 2.0 56 -7 13.5 -2.7
LDEM iShares ESG MSCI EM Leaders ETF 2.0 17 32 7.6 -8.5
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 1.9 41 8 7.4 -8.7
WDIV SPDR S&P Global Dividend ETF 1.9 40 9 9.4 -6.8
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 1.9 33 16 8.2 -7.9
EPOL iShares MSCI Poland ETF 1.9 59 -10 12.9 -3.2
EMC Global X Emerging Markets Great Consumer ETF 1.9 75 -26 4.5 -11.6
EMXF iShares ESG Advanced MSCI EM ETF 1.9 16 33 6.8 -9.3
OBOR KraneShares MSCI One Belt One Road Index ETF 1.8 79 -30 10.3 -5.9
AVEM Avantis Emerging Markets Equity ETF 1.8 33 16 8.9 -7.3
FLTW Franklin FTSE Taiwan ETF 1.8 19 30 5.9 -10.3
QAT iShares MSCI Qatar ETF 1.8 59 -10 9.4 -6.7
NUEM Nuveen ESG Emerging Markets Equity ETF 1.8 36 13 6.5 -9.7
ASEA Global X FTSE Southeast Asia ETF 1.8 65 -16 6.3 -9.8
VWO Vanguard FTSE Emerging Markets ETF 1.7 8 41 6.9 -9.2
BRAZ Global X Brazil Active ETF 1.7 75 -26 10.1 -6.0
ILF iShares Latin America 40 ETF 1.7 48 1 10.4 -5.7
EEMO Invesco S&P Emerging Markets Momentum ETF 1.7 29 20 5.5 -10.6
BOAT SonicShares Global Shipping ETF 1.7 69 -20 34.8 +18.7
CRAK VanEck Oil Refiners ETF 1.7 61 -12 14.7 -1.4
GXG Global X MSCI Colombia ETF 1.6 62 -13 15.8 -0.4
XC WisdomTree Emerging Markets Ex-China Fund 1.6 32 17 6.0 -10.2
SCHY Schwab International Dividend Equity ETF 1.5 14 35 9.3 -6.8
MOTO SmartETFs Smart Transportation & Technology ETF 1.5 68 -19 7.3 -8.9
ICOW Pacer Developed Markets International Cash Cows 100 ETF 1.5 65 -16 12.8 -3.4
MEM Matthews Emerging Markets Equity Active ETF 1.5 79 -30 5.4 -10.7
ION ProShares S&P Global Core Battery Metals ETF 1.5 58 -9 15.5 -0.6
DWX SPDR S&P International Dividend ETF 1.5 45 4 6.5 -9.7
FILL iShares MSCI Global Energy Producers ETF 1.4 39 10 9.6 -6.5
VYMI Vanguard International High Dividend Yield ETF 1.4 22 27 9.8 -6.3
EMIF iShares Emerging Markets Infrastructure ETF 1.4 60 -11 8.5 -7.6
EEMA iShares MSCI Emerging Markets Asia ETF 1.4 49 0 6.5 -9.6
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 1.4 20 29 6.8 -9.4
CHIQ Global X MSCI China Consumer Discretionary ETF 1.3 65 -16 5.9 -10.3
AAXJ iShares MSCI All Country Asia ex Japan ETF 1.2 70 -21 6.2 -10.0
JPIN J.P. Morgan Diversified Return International Equity ETF 1.2 37 12 8.9 -7.3
SPEM SPDR Portfolio Emerging Markets ETF 1.2 7 42 7.3 -8.8
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.2 32 17 6.2 -9.9
CHAT Roundhill Generative AI & Technology ETF 1.2 75 -26 3.8 -12.3
UIVM VictoryShares International Value Momentum ETF 1.2 35 14 11.0 -5.1
FLAX Franklin FTSE Asia Ex Japan ETF 1.2 19 30 6.9 -9.3
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 1.1 68 -19 8.2 -7.9
SCAP InfraCap Small Cap Income ETF 1.1 135 -86 8.5 -7.6
EMM Global X Emerging Markets ex-China ETF 1.1 75 -26 4.2 -11.9
IMFL Invesco International Developed Dynamic Multifactor ETF 1.1 34 15 5.9 -10.3
FRDM Freedom 100 Emerging Markets ETF 1.1 49 0 7.3 -8.9
DRIV Global X Autonomous & Electric Vehicles ETF 1.0 68 -19 4.8 -11.3
MCH Matthews China Active ETF 1.0 79 -30 5.4 -10.8
GCOW Pacer Global Cash Cows Dividend ETF 1.0 60 -11 12.5 -3.6
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 1.0 85 -36 8.6 -7.6
EZA iShares MSCI South Africa ETF 0.9 58 -9 10.3 -5.8
FLCH Franklin FTSE China ETF 0.9 19 30 8.8 -7.3
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.9 70 -21 7.7 -8.4
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.9 24 25 8.7 -7.5
MCHI iShares MSCI China ETF 0.8 59 -10 8.4 -7.8
AQWA Global X Clean Water ETF 0.8 50 -1 4.2 -11.9
FXI iShares China Large-Cap ETF 0.8 74 -25 8.2 -8.0
GLOF iShares Global Equity Factor ETF 0.8 20 29 7.0 -9.1
GMF SPDR S&P Emerging Asia Pacific ETF 0.8 49 0 6.1 -10.0
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.8 30 19 8.0 -8.2
BATT Amplify Lithium & Battery Technology ETF 0.8 59 -10 -0.1 -16.3
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.7 72 -23 1.0 -15.2
JIG JPMorgan International Growth ETF 0.7 55 -6 4.6 -11.5
ACWX iShares MSCI ACWI ex U.S. ETF 0.7 34 15 7.0 -9.2
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.7 80 -31 9.1 -7.1
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.7 46 3 9.3 -6.8
IDV iShares International Select Dividend ETF 0.7 51 -2 12.2 -3.9
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.7 41 8 7.4 -8.7
DEW WisdomTree Global High Dividend Fund 0.7 58 -9 8.5 -7.6
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.7 18 31 7.0 -9.1
IXUS iShares Core MSCI Total International Stock ETF 0.7 7 42 7.2 -9.0
SUPL ProShares Supply Chain Logistics ETF 0.7 58 -9 14.2 -1.9
KALL KraneShares MSCI All China Index ETF 0.7 49 0 9.0 -7.1
DMAT Global X Disruptive Materials ETF 0.7 59 -10 10.5 -5.7
AFK VanEck Africa Index ETF 0.7 98 -49 9.1 -7.1
GXC SPDR S&P China ETF 0.6 59 -10 8.3 -7.8
RWX SPDR Dow Jones International Real Estate ETF 0.6 59 -10 7.4 -8.8
NXTG First Trust Indxx NextG ETF 0.6 70 -21 6.2 -9.9
VXUS Vanguard Total International Stock ETF 0.6 7 42 7.2 -9.0
VEU Vanguard FTSE All-World ex-US Index Fund 0.6 8 41 7.3 -8.9
AIA iShares Asia 50 ETF 0.6 50 -1 6.6 -9.5
TCHI iShares MSCI China Multisector Tech ETF 0.5 59 -10 1.9 -14.3
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.5 32 17 6.1 -10.1
CCNR ALPS CoreCommodity Natural Resources ETF 0.5 39 10 11.0 -5.1
IGF iShares Global Infrastructure ETF 0.5 41 8 4.3 -11.9
GII SPDR S&P Global Infrastructure ETF 0.5 40 9 4.3 -11.8
ACWV iShares MSCI Global Min Vol Factor ETF 0.5 20 29 6.3 -9.8
VSGX Vanguard ESG International Stock ETF 0.5 12 37 6.8 -9.4
VPL Vanguard FTSE Pacific ETF 0.5 8 41 7.7 -8.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.5 20 29 5.2 -11.0
DGT SPDR Global Dow ETF 0.5 50 -1 6.8 -9.4
PATN Pacer Nasdaq International Patent Leaders ETF 0.5 65 -16 6.5 -9.7
CARZ First Trust NASDAQ Global Auto Index Fund 0.5 70 -21 3.8 -12.3
IGRO iShares International Dividend Growth ETF 0.4 15 34 7.5 -8.6
FTRI First Trust Indxx Global Natural Resources Income ETF 0.4 70 -21 9.8 -6.4
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.4 80 -31 10.8 -5.3
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.4 10 39 7.7 -8.5
CWI SPDR MSCI ACWI ex-US ETF 0.4 30 19 6.9 -9.2
FNDF Schwab Fundamental International Large Co. Index ETF 0.4 25 24 9.9 -6.3
GINN Goldman Sachs Innovate Equity ETF 0.4 52 -3 2.8 -13.4
CGDG Capital Group Dividend Growers ETF 0.4 47 2 6.6 -9.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.3 49 0 7.0 -9.2
QINT American Century Quality Diversified International ETF 0.3 39 10 7.7 -8.4
IDHQ Invesco S&P International Developed High Quality ETF 0.3 29 20 6.5 -9.7
RXI iShares Global Consumer Discretionary ETF 0.3 41 8 5.4 -10.8
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.3 42 7 8.1 -8.1
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.3 45 4 5.7 -10.5
VGSR Vert Global Sustainable Real Estate ETF 0.3 47 2 5.6 -10.5
ACWI iShares MSCI ACWI ETF 0.3 32 17 5.3 -10.9
HFXI IQ FTSE International Equity Currency Neutral ETF 0.2 20 29 7.1 -9.1
VIGI Vanguard International Dividend Appreciation ETF 0.2 15 34 6.4 -9.7
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.2 45 4 8.9 -7.2
TTAI FCF International Quality ETF 0.2 59 -10 5.6 -10.5
VT Vanguard Total World Stock ETF 0.2 7 42 5.5 -10.6
FNDC Schwab Fundamental International Small Co. Index ETF 0.2 39 10 7.2 -8.9
TPIF Timothy Plan International ETF 0.2 62 -13 6.8 -9.4
KLMT Invesco MSCI Global Climate 500 ETF 0.2 10 39 5.4 -10.7
SPDW SPDR Portfolio Developed World ex-US ETF 0.2 3 46 7.2 -9.0
VEA Vanguard FTSE Developed Markets ETF 0.2 5 44 7.3 -8.8
RWO SPDR Dow Jones Global Real Estate ETF 0.2 50 -1 6.1 -10.0
WRND IQ Global Equity R&D Leaders ETF 0.2 18 31 7.5 -8.6
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.2 39 10 4.1 -12.1
SCHF Schwab International Equity ETF 0.2 6 43 7.5 -8.7
REET iShares Global REIT ETF 0.2 14 35 6.2 -9.9
SHPP Pacer Industrials and Logistics ETF 0.1 60 -11 9.9 -6.3
JSTC Adasina Social Justice All Cap Global ETF 0.1 89 -40 4.9 -11.2
DFGR Dimensional Global Real Estate ETF 0.1 22 27 6.2 -9.9
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 2 5.5 -10.7
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 -16 8.2 -8.0
CIL VictoryShares International Volatility Wtd ETF 0.1 45 4 7.0 -9.2
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 0.1 51 -2 7.1 -9.0
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 7 42 6.7 -9.5
IXG iShares Global Financials ETF 0.1 42 7 6.2 -10.0
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 37 4.8 -11.4
PICK iShares MSCI Global Metals & Mining Producers ETF 0.1 39 10 12.8 -3.3
GWX SPDR S&P International Small Cap ETF 0.1 40 9 6.5 -9.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 40 5.4 -10.8
AVUV Avantis U.S. Small Cap Value ETF 0.1 25 24 8.8 -7.3
SCHC Schwab International Small-Cap Equity ETF 0.1 11 38 6.6 -9.6
VEGI iShares MSCI Agriculture Producers ETF 0.1 39 10 9.2 -6.9
AVSC Avantis U.S Small Cap Equity ETF 0.1 25 24 4.7 -11.5
SPEU SPDR Portfolio Europe ETF 0.0 7 42 7.1 -9.1
VGK Vanguard FTSE Europe ETF 0.0 11 38 7.1 -9.1
VYM Vanguard High Dividend Yield Index ETF 0.0 6 43 6.8 -9.4
AVRE Avantis Real Estate ETF 0.0 17 32 5.9 -10.3
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 10 7.4 -8.7
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 28 3.8 -12.4
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 40 4.8 -11.4
AVUS Avantis U.S. Equity ETF 0.0 15 34 5.6 -10.5

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:		 AAM S&P Emerging Markets High Dividend Value 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 11.6 %
Divided by: Fwd. P/BV 0.7 x
Less: Expense ratio 49 bp
Equals: ALTAR Score 16.1 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.49 CATEGORY
AVERAGE		 1.48
 
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.