Invesco S&P Emerging Markets Momentum ETF
ALTAR
Score™		 5.5% info Recommen-
dation		 UNDERWEIGHT
2024E    2025E
P/E
ratio		 16.6x P/Sales
ratio		 1.7x
P/BV
ratio		 2.6x Div.
yield		 2.2%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Invesco S&P Emerging Markets Momentum Portfolio is based on the S&P Momentum Emerging Plus LargeMidCap Index. The Fund will invest at least 90% of its total assets in the securities of companies that comprise the Underlying Index, as well as ADRs/GDRs representing ownership in the securities in the Underlying Index.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Invesco
Website www.invesco.com
Inception date Feb 24, 2012
Assets (mns) $9
Currency USD
Expense ratio 29 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Momentum
Index replication Optimized
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 197
Wgt avg mkt cap (mns) $115,945
Large cap (>$10bn) 81.8%
Mid cap ($2-10bn) 17.6%
Small cap (<$2bn) 0.2%
Developed mkts 2.3%
Emerging mkts 97.7%

TOP TEN HOLDINGS
TAIWAN SEMICONDUCTOR MANUFAC 10.1 %
INVESCO GOVERNMENT & AGENCY PORTFO 4.4 %
HON HAI PRECISION INDUSTRY 4.3 %
INFOSYS TECHNOLOGIES LTD 3.8 %
MEDIATEK INC 3.3 %
BHARTI AIRTEL LIMITED 3.3 %
MAHINDRA & MAHINDRA LTD. 2.1 %
ZOMATO LTD. 1.9 %
NU HOLDINGS LTD. CLASS A 1.6 %
ACWA POWER 1.6 %
Total 36.4 %

TOP COUNTRY EXPOSURE
INDIA 46.4 %
TAIWAN 25.7 %
SOUTH KOREA 6.9 %
MALAYSIA 4.4 %
TURKEY 3.0 %
BRAZIL 1.8 %
CAYMAN ISLANDS 1.7 %
CHINA 1.6 %
SAUDI ARABIA 1.6 %
INDONESIA 1.4 %

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.
12.4% 30.9% 2.7% 1.8% 0.5%

Market Correlations
versus... Beta R-squared
S&P500 0.73 70%
MSCI EAFE 0.68 62%
MSCI Emg. Mkts. 0.61 50%

Technical Indicators
Recent close $16.44
30d moving avg. $17.12
Annualized volatility 15.1%
Short interest (ETF) 3.3%
Relative strength (RSI) 44

Liquidity measures
Avg. volume (thou.) 3
Turnover 0.5%
Bid/Ask (% of price) 0.65%
ADV underlying (mns) $6,910

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 396 potential alternatives to the Invesco S&P Emerging Markets Momentum ETF ETF based on the alternatives' overlap in portfolio holdings with EEMO. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EEMO Expense: 29 bp ALTAR Score™: 5.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EEMO
Ticker Fund
Name		 Overlap1
vs EEMO
(%)		 Expense
ratio
(bp)		 Savings
vs EEMO
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EEMO
(%)
FLIN Franklin FTSE India ETF 39.7 19 10 4.7 -0.8
INDA iShares MSCI India ETF 39.2 65 -36 4.4 -1.2
PIN Invesco India ETF 39.0 78 -49 4.5 -1.1
EMXC iShares MSCI Emerging Markets ex China ETF 33.6 25 4 6.7 +1.2
STXE Strive Emerging Markets Ex-China ETF 32.8 32 -3 7.0 +1.5
XC WisdomTree Emerging Markets Ex-China Fund 32.4 32 -3 6.0 +0.5
XCNY SPDR S&P Emerging Markets ex-China ETF 31.9 15 14 6.3 +0.8
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 30.8 24 5 9.2 +3.7
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 30.6 32 -3 6.9 +1.3
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 30.1 18 11 6.8 +1.3
EMMF WisdomTree Emerging Markets Multifactor Fund 30.1 48 -19 8.8 +3.3
EPI WisdomTree India Earnings Fund 29.9 85 -56 6.1 +0.5
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 29.2 88 -59 7.4 +1.9
EEMA iShares MSCI Emerging Markets Asia ETF 28.7 49 -20 6.5 +1.0
EVLU iShares MSCI Emerging Markets Value Factor ETF 28.5 35 -6 12.4 +6.9
NUEM Nuveen ESG Emerging Markets Equity ETF 27.5 36 -7 6.5 +1.0
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 27.5 30 -1 7.3 +1.8
ESGE iShares ESG Aware MSCI EM ETF 27.4 25 4 7.1 +1.6
XCEM Columbia EM Core ex-China ETF 27.4 16 13 7.7 +2.2
EEM iShares MSCI Emerging Markets ETF 27.2 69 -40 6.9 +1.4
AAXJ iShares MSCI All Country Asia ex Japan ETF 27.1 70 -41 6.2 +0.6
FLAX Franklin FTSE Asia Ex Japan ETF 26.8 19 10 6.9 +1.3
EMGF iShares Emerging Markets Equity Factor ETF 26.7 25 4 8.5 +3.0
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 26.6 15 14 10.2 +4.7
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 26.4 32 -3 6.2 +0.7
JHEM John Hancock Multifactor Emerging Markets ETF 26.1 49 -20 8.2 +2.7
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 26.0 15 14 7.2 +1.7
INDY iShares India 50 ETF 25.9 89 -60 4.6 -0.9
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 25.9 20 9 6.8 +1.3
SCHE Schwab Emerging Markets Equity ETF 25.9 11 18 7.1 +1.6
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 25.6 66 -37 10.0 +4.5
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 25.4 50 -21 13.0 +7.5
BKEM BNY Mellon Emerging Markets Equity ETF 25.4 11 18 8.4 +2.9
DEHP Dimensional Emerging Markets High Profitability ETF 25.2 41 -12 5.0 -0.5
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 25.1 45 -16 11.0 +5.5
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 25.0 36 -7 7.8 +2.3
IEMG iShares Core MSCI Emerging Markets ETF 24.2 9 20 7.5 +1.9
ECON Columbia Emerging Markets Consumer ETF 24.2 49 -20 7.3 +1.8
VWO Vanguard FTSE Emerging Markets ETF 24.2 8 21 6.9 +1.4
FLTW Franklin FTSE Taiwan ETF 24.0 19 10 5.9 +0.4
EMXF iShares ESG Advanced MSCI EM ETF 23.9 16 13 6.8 +1.3
EWT iShares MSCI Taiwan ETF 23.7 58 -29 5.7 +0.1
DFAE Dimensional Emerging Core Equity Market ETF 23.6 35 -6 7.3 +1.8
LDEM iShares ESG MSCI EM Leaders ETF 23.4 17 12 7.6 +2.1
EMDM First Trust Bloomberg Emerging Market Democracies ETF 23.1 75 -46 8.2 +2.7
NFTY First Trust India NIFTY 50 Equal Weight ETF 22.9 80 -51 6.3 +0.7
SPEM SPDR Portfolio Emerging Markets ETF 22.8 7 22 7.3 +1.8
MINV Matthews Asia Innovators Active ETF 22.5 79 -50 3.0 -2.5
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 22.5 33 -4 8.2 +2.7
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 22.4 39 -10 12.5 +7.0
ROAM Hartford Multifactor Emerging Markets ETF 21.9 44 -15 15.8 +10.3
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 21.4 30 -1 8.1 +2.6
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 21.1 95 -66 10.5 +5.0
PXH Invesco FTSE RAFI Emerging Markets ETF 21.1 49 -20 12.2 +6.7
UEVM VictoryShares Emerging Markets Value Momentum ETF 21.0 45 -16 12.3 +6.8
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 20.2 40 -11 8.3 +2.8
AVES Avantis Emerging Markets Value ETF 20.0 36 -7 11.6 +6.1
FTHF First Trust Emerging Markets Human Flourishing ETF 19.6 75 -46 8.9 +3.4
BKF iShares MSCI BIC ETF 19.6 69 -40 6.9 +1.4
DFEM Dimensional Emerging Markets Core Equity 2 ETF 19.6 38 -9 7.8 +2.3
GMF SPDR S&P Emerging Asia Pacific ETF 19.0 49 -20 6.1 +0.6
AIA iShares Asia 50 ETF 19.0 50 -21 6.6 +1.1
MEM Matthews Emerging Markets Equity Active ETF 18.7 79 -50 5.4 -0.1
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 18.7 41 -12 7.4 +1.9
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 18.6 44 -15 10.6 +5.1
DEM WisdomTree Emerging Markets High Dividend Fund 17.6 63 -34 18.9 +13.3
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 17.5 59 -30 11.3 +5.8
EMM Global X Emerging Markets ex-China ETF 17.4 75 -46 4.2 -1.3
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 16.7 25 4 6.6 +1.1
EQLT iShares MSCI Emerging Markets Quality Factor ETF 16.5 35 -6 7.4 +1.9
AVEM Avantis Emerging Markets Equity ETF 15.8 33 -4 8.9 +3.4
DFEV Dimensional Emerging Markets Value ETF 15.1 43 -14 11.1 +5.6
EMC Global X Emerging Markets Great Consumer ETF 14.3 75 -46 4.5 -1.0
FDEM Fidelity Emerging Markets Multifactor ETF 14.1 25 4 12.3 +6.8
FRDM Freedom 100 Emerging Markets ETF 12.9 49 -20 7.3 +1.8
FEM First Trust Emerging Markets AlphaDEX Fund 12.7 80 -51 13.0 +7.5
RNEM First Trust Emerging Markets Equity Select ETF 12.7 75 -46 7.6 +2.0
PATN Pacer Nasdaq International Patent Leaders ETF 12.6 65 -36 6.5 +1.0
NDIA Global X India Active ETF 11.3 75 -46 7.2 +1.7
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 11.1 90 -61 6.1 +0.6
KNCT Invesco Next Gen Connectivity ETF 9.7 40 -11 5.6 +0.1
DGIN VanEck Digital India ETF 9.3 71 -42 0.1 -5.4
FBOT Fidelity Disruptive Automation ETF 9.0 50 -21 3.6 -1.9
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 8.6 42 -13 8.1 +2.6
BIGFX Baron International Growth Retail 8.6 75 -46 3.1 -2.4
IWTR iShares MSCI Water Management Multisector ETF 8.5 47 -18 5.0 -0.5
ACWX iShares MSCI ACWI ex U.S. ETF 8.3 34 -5 7.0 +1.4
IQDF FlexShares International Quality Dividend Index Fund 8.3 47 -18 12.9 +7.4
VSGX Vanguard ESG International Stock ETF 8.0 12 17 6.8 +1.3
CGXU Capital Group International Focus Equity ETF 8.0 54 -25 4.9 -0.7
VEU Vanguard FTSE All-World ex-US Index Fund 7.7 8 21 7.3 +1.7
GXUS Goldman Sachs MarketBeta Total International Equity ETF 7.7 18 11 7.0 +1.5
IQDY FlexShares International Quality Dividend Dynamic Index Fund 7.6 47 -18 9.4 +3.9
IXUS iShares Core MSCI Total International Stock ETF 7.5 7 22 7.2 +1.7
VXUS Vanguard Total International Stock ETF 7.3 7 22 7.2 +1.7
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 7.3 41 -12 7.4 +1.9
ECOW Pacer Emerging Markets Cash Cows 100 ETF 7.1 70 -41 9.2 +3.7
IQDE FlexShares International Quality Dividend Defensive Index ET 6.9 47 -18 14.8 +9.3
EELV Invesco S&P Emerging Markets Low Volatility ETF 6.9 29 0 8.7 +3.2
AIVC Amplify Bloomberg AI Value Chain ETF 6.9 59 -30 5.8 +0.3
EWY iShares MSCI South Korea ETF 6.8 58 -29 9.8 +4.3
IVES Wedbush ETFMG Global Cloud Technology ETF 6.5 68 -39 5.8 +0.2
GLIN VanEck India Growth Leaders ETF 6.5 77 -48 5.7 +0.2
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 6.4 60 -31 0.5 -5.1
EYLD Cambria Emerging Shareholder Yield ETF 6.4 66 -37 13.2 +7.7
FLKR Franklin FTSE South Korea ETF 6.3 9 20 10.6 +5.1
RODE Hartford Multifactor Diversified International ETF 6.3 29 0 11.8 +6.3
GBUY Goldman Sachs Future Consumer Equity ETF 5.8 75 -46 3.3 -2.2
IXN iShares Global Tech ETF 5.8 41 -12 4.5 -1.0
DVYE iShares Emerging Markets Dividend ETF 5.8 49 -20 18.8 +13.3
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 5.5 80 -51 7.6 +2.1
AGQI First Trust Active Global Quality Income ETF 5.3 85 -56 5.9 +0.4
VYMI Vanguard International High Dividend Yield ETF 5.3 22 7 9.8 +4.3
ACWV iShares MSCI Global Min Vol Factor ETF 5.3 20 9 6.3 +0.8
DFAX Dimensional World ex U.S. Core Equity 2 ETF 5.2 30 -1 8.0 +2.5
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 5.1 86 -57 1.6 -3.9
JIG JPMorgan International Growth ETF 5.0 55 -26 4.6 -0.9
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 4.7 86 -57 1.2 -4.3
BTECX Baron Technology 4.6 75 -46 2.4 -3.2
BDAIX Baron Durable Advantage 4.4 75 -46 3.7 -1.8
EWM iShares MSCI Malaysia ETF 4.2 50 -21 5.5 -0.0
CWI SPDR MSCI ACWI ex-US ETF 4.1 30 -1 6.9 +1.4
GLOF iShares Global Equity Factor ETF 3.9 20 9 7.0 +1.5
CLNR IQ Cleaner Transport ETF 3.8 45 -16 6.8 +1.3
ADIV SmartETFs Asia Pacific Dividend Builder ETF 3.7 78 -49 9.0 +3.5
FLN First Trust Latin America AlphaDEX Fund 3.6 80 -51 8.4 +2.9
NTZG Nuveen Global Net Zero Transition ETF 3.6 56 -27 4.7 -0.8
GGME Invesco Next Gen Media and Gaming ETF 3.6 60 -31 3.5 -2.0
ASEA Global X FTSE Southeast Asia ETF 3.6 65 -36 6.3 +0.8
CHAT Roundhill Generative AI & Technology ETF 3.6 75 -46 3.8 -1.7
GTEK Goldman Sachs Future Tech Leaders Equity ETF 3.5 75 -46 2.9 -2.7
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 3.5 58 -29 10.2 +4.7
EEMS iShares MSCI Emerging Markets Small Cap ETF 3.5 70 -41 7.7 +2.2
EWZ iShares MSCI Brazil ETF 3.5 58 -29 10.4 +4.9
FBZ First Trust Brazil AlphaDEX Fund 3.5 80 -51 13.3 +7.8
NXTG First Trust Indxx NextG ETF 3.5 70 -41 6.2 +0.7
EDIV SPDR S&P Emerging Markets Dividend ETF 3.4 49 -20 12.0 +6.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 3.4 20 9 5.2 -0.4
DEW WisdomTree Global High Dividend Fund 3.3 58 -29 8.5 +3.0
SCHY Schwab International Dividend Equity ETF 3.3 14 15 9.3 +3.8
VIDI Vident International Equity Strategy ETF 3.2 61 -32 10.2 +4.7
IPAV Global X Infrastructure Development ex-U.S. ETF 3.2 55 -26 9.7 +4.2
FILL iShares MSCI Global Energy Producers ETF 3.1 39 -10 9.6 +4.1
FPXI First Trust International Equity Opportunities ETF 3.1 70 -41 4.9 -0.6
INQQ India Internet & Ecommerce ETF 3.0 86 -57 2.6 -3.0
TUR iShares MSCI Turkey ETF 2.8 58 -29 19.7 +14.2
ACWI iShares MSCI ACWI ETF 2.8 32 -3 5.3 -0.2
ARTY iShares Future AI & Tech ETF 2.7 47 -18 3.8 -1.7
VT Vanguard Total World Stock ETF 2.6 7 22 5.5 0.0
IDAT iShares Future Cloud 5G and Tech ETF 2.6 47 -18 4.3 -1.2
KLMT Invesco MSCI Global Climate 500 ETF 2.6 10 19 5.4 -0.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 2.6 12 17 4.8 -0.7
INCO Columbia India Consumer ETF 2.5 75 -46 1.5 -4.0
IGRO iShares International Dividend Growth ETF 2.3 15 14 7.5 +2.0
FDT First Trust Developed Markets ex-US AlphaDEX Fund 2.3 80 -51 9.1 +3.6
MOTG VanEck Morningstar Global Wide Moat ETF 2.3 52 -23 5.6 +0.1
WWJD Inspire International ETF 2.3 80 -51 7.3 +1.8
FTAG First Trust Indxx Global Agriculture ETF 2.3 70 -41 9.7 +4.2
OND ProShares On-Demand ETF 2.2 58 -29 -2.2 -7.7
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 2.2 80 -51 3.2 -2.3
SNSR Global X Internet of Things ETF 2.2 68 -39 4.6 -0.9
FGD First Trust Dow Jones Global Select Dividend Index Fund 2.2 56 -27 13.5 +8.0
INDF Nifty India Financials ETF 2.2 75 -46 5.3 -0.3
UIVM VictoryShares International Value Momentum ETF 2.1 35 -6 11.0 +5.5
XT iShares Exponential Technologies ETF 2.1 46 -17 4.8 -0.7
VIGI Vanguard International Dividend Appreciation ETF 2.1 15 14 6.4 +0.9
BGAIX Baron Global Advantage 2.1 75 -46 0.6 -4.9
IDV iShares International Select Dividend ETF 2.1 51 -22 12.2 +6.7
FLLA Franklin FTSE Latin America ETF 2.0 19 10 13.2 +7.6
JPIN J.P. Morgan Diversified Return International Equity ETF 2.0 37 -8 8.9 +3.4
EDOG ALPS Emerging Sector Dividend Dogs ETF 1.9 60 -31 13.4 +7.9
SDEM Global X MSCI SuperDividend Emerging Markets ETF 1.9 67 -38 15.0 +9.5
LOUP Innovator Deepwater Frontier Tech ETF 1.9 70 -41 1.3 -4.2
BRAZ Global X Brazil Active ETF 1.9 75 -46 10.1 +4.6
FLBR Franklin FTSE Brazil ETF 1.8 19 10 13.2 +7.7
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.8 12 17 8.3 +2.8
ILF iShares Latin America 40 ETF 1.7 48 -19 10.4 +4.9
EEMD AAM S&P Emerging Markets High Dividend Value ETF 1.7 49 -20 16.1 +10.6
ARKF ARK Fintech Innovation ETF 1.6 75 -46 -0.4 -5.9
BLOK Amplify Transformational Data Sharing ETF 1.6 75 -46 0.0 -5.5
TIME Clockwise Core Equity & Innovation ETF 1.6 95 -66 2.3 -3.3
EMFQ Amplify Emerging Markets FinTech ETF 1.6 69 -40 5.3 -0.2
IPO Renaissance IPO ETF 1.6 60 -31 -4.3 -9.9
SFYF SoFi Social 50 ETF 1.6 29 0 -2.2 -7.7
AOTG AOT Growth and Innovation ETF 1.6 75 -46 3.1 -2.4
BPAY BlackRock Future Financial and Technology ETF 1.6 70 -41 8.2 +2.7
BFIIX Baron FinTech 1.6 75 -46 3.4 -2.1
OBOR KraneShares MSCI One Belt One Road Index ETF 1.6 79 -50 10.3 +4.8
JSTC Adasina Social Justice All Cap Global ETF 1.6 89 -60 4.9 -0.6
JGLO JPMorgan Global Select Equity ETF 1.6 33 -4 4.5 -1.1
BOUT Innovator IBD Breakout Opportunities ETF 1.6 81 -52 3.6 -1.9
FLSA Franklin FTSE Saudi Arabia ETF 1.6 39 -10 5.7 +0.2
KSA iShares MSCI Saudi Arabia ETF 1.6 74 -45 5.6 +0.1
VPL Vanguard FTSE Pacific ETF 1.6 8 21 7.7 +2.2
FLCH Franklin FTSE China ETF 1.5 19 10 8.8 +3.3
BIOPX Baron Opportunity Retail 1.5 75 -46 1.0 -4.5
TTAI FCF International Quality ETF 1.5 59 -30 5.6 +0.1
WRND IQ Global Equity R&D Leaders ETF 1.5 18 11 7.5 +2.0
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 1.5 47 -18 5.5 -0.1
IWP iShares Russell Mid-Cap Growth ETF 1.5 23 6 3.1 -2.4
BITQ Bitwise Crypto Industry Innovators ETF 1.5 85 -56 -1.9 -7.4
QTUM Defiance Quantum ETF 1.4 40 -11 3.6 -1.9
IXG iShares Global Financials ETF 1.4 42 -13 6.2 +0.7
GXC SPDR S&P China ETF 1.3 59 -30 8.3 +2.8
QINT American Century Quality Diversified International ETF 1.3 39 -10 7.7 +2.2
IDX VanEck Indonesia Index ETF 1.3 57 -28 8.8 +3.2
PWB Invesco Large Cap Growth ETF 1.3 56 -27 3.2 -2.3
MCHI iShares MSCI China ETF 1.3 59 -30 8.4 +2.9
BLES Inspire Global Hope ETF 1.3 61 -32 6.4 +0.9
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 1.3 45 -16 5.7 +0.2
AFK VanEck Africa Index ETF 1.3 98 -69 9.1 +3.6
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.2 46 -17 9.3 +3.8
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.2 24 5 8.7 +3.2
WTAI WisdomTree Artificial Intelligence and Innovation Fund 1.2 45 -16 3.1 -2.4
GVAL Cambria Global Value ETF 1.2 68 -39 13.1 +7.6
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 1.1 68 -39 2.1 -3.4
MOTI VanEck Morningstar International Moat ETF 1.1 58 -29 5.9 +0.4
ICLN iShares Global Clean Energy ETF 1.1 41 -12 6.0 +0.5
FNDC Schwab Fundamental International Small Co. Index ETF 1.1 39 -10 7.2 +1.7
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.1 49 -20 7.0 +1.5
FDFF Fidelity Disruptive Finance ETF 1.1 50 -21 4.1 -1.4
CGV Conductor Global Equity Value ETF 1.0 130 -101 10.9 +5.4
EPOL iShares MSCI Poland ETF 1.0 59 -30 12.9 +7.4
SMIN iShares MSCI India Small Cap ETF 1.0 79 -50 3.5 -2.1
KALL KraneShares MSCI All China Index ETF 1.0 49 -20 9.0 +3.5
SDIV Global X Superdividend ETF 1.0 58 -29 14.9 +9.4
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 1.0 60 -31 9.8 +4.3
FFTY Innovator IBD 50 ETF 1.0 80 -51 -0.6 -6.1
HFXI IQ FTSE International Equity Currency Neutral ETF 1.0 20 9 7.1 +1.6
FCA First Trust China AlphaDEX Fund 0.9 80 -51 16.2 +10.7
FXO First Trust Financials AlphaDEX Fund 0.9 62 -33 7.4 +1.9
ANEW ProShares MSCI Transformational Changes ETF 0.9 45 -16 3.6 -2.0
FTRI First Trust Indxx Global Natural Resources Income ETF 0.9 70 -41 9.8 +4.3
TPIF Timothy Plan International ETF 0.9 62 -33 6.8 +1.3
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.9 65 -36 12.8 +7.3
JOET Virtus Terranova US Quality Momentum ETF 0.9 29 0 4.7 -0.8
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.9 75 -46 4.6 -1.0
HERO Global X Video Games & Esports ETF 0.9 50 -21 4.4 -1.1
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.9 10 19 7.7 +2.1
GQQQ Astoria US Quality Growth Kings ETF 0.8 35 -6 6.3 +0.8
PICK iShares MSCI Global Metals & Mining Producers ETF 0.8 39 -10 12.8 +7.3
IYF iShares U.S. Financials ETF 0.8 40 -11 5.4 -0.1
EZA iShares MSCI South Africa ETF 0.8 58 -29 10.3 +4.8
ARKW ARK Next Generation Internet ETF 0.7 87 -58 -0.7 -6.2
VEA Vanguard FTSE Developed Markets ETF 0.7 5 24 7.3 +1.8
SCHF Schwab International Equity ETF 0.7 6 23 7.5 +2.0
BNGE First Trust S-Network Streaming and Gaming ETF 0.7 70 -41 -3.5 -9.0
FDNI First Trust Dow Jones International Internet ETF 0.7 65 -36 2.1 -3.4
EFRA iShares Environmental Infrastructure and Industrials ETF 0.7 47 -18 4.9 -0.6
FNDF Schwab Fundamental International Large Co. Index ETF 0.7 25 4 9.9 +4.3
CIL VictoryShares International Volatility Wtd ETF 0.7 45 -16 7.0 +1.5
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 0.7 51 -22 7.1 +1.6
EIDO iShares MSCI Indonesia ETF 0.7 59 -30 7.5 +2.0
VEGI iShares MSCI Agriculture Producers ETF 0.7 39 -10 9.2 +3.7
GMET VanEck Green Metals ETF 0.7 63 -34 10.7 +5.2
IPOS Renaissance International IPO ETF 0.7 80 -51 -0.8 -6.4
SETM Sprott Energy Transition Materials ETF 0.7 65 -36 6.0 +0.4
FXI iShares China Large-Cap ETF 0.6 74 -45 8.2 +2.7
SPDW SPDR Portfolio Developed World ex-US ETF 0.6 3 26 7.2 +1.7
INNO Harbor Disruptive Innovation ETF 0.6 75 -46 1.6 -3.9
CID VictoryShares International High Div Volatility Wtd ETF 0.6 45 -16 11.9 +6.4
JETS U.S. Global Jets ETF 0.6 60 -31 -13.3 -18.8
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.6 7 22 6.7 +1.2
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.6 32 -3 6.1 +0.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.6 9 20 5.4 -0.2
GINN Goldman Sachs Innovate Equity ETF 0.6 52 -23 2.8 -2.8
GDVD R3 Global Dividend Growth ETF 0.6 88 -59 5.5 +0.0
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.5 80 -51 12.3 +6.8
AWAY ETFMG Travel Tech ETF 0.5 76 -47 -5.2 -10.7
BUYZ Franklin Disruptive Commerce ETF 0.5 50 -21 1.8 -3.7
IBUY Amplify Online Retail ETF 0.5 65 -36 1.4 -4.2
PEJ Invesco Leisure and Entertainment ETF 0.5 58 -29 1.0 -4.6
BTEK Future Tech ETF 0.5 88 -59 2.3 -3.2
SHLD Global X Defense Tech ETF 0.5 50 -21 4.6 -0.9
DGT SPDR Global Dow ETF 0.5 50 -21 6.8 +1.3
IMFL Invesco International Developed Dynamic Multifactor ETF 0.5 34 -5 5.9 +0.4
SUPL ProShares Supply Chain Logistics ETF 0.5 58 -29 14.2 +8.7
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.4 45 -16 8.9 +3.4
UAE iShares MSCI UAE ETF 0.4 59 -30 8.4 +2.9
AADR AdvisorShares Dorsey Wright ADR ETF 0.4 110 -81 5.6 +0.1
KWEB KraneShares CSI China Internet ETF 0.4 69 -40 -1.4 -6.9
OGIG ALPS O'Shares Global Internet Giants ETF 0.4 48 -19 1.9 -3.6
PGJ Invesco Golden Dragon China ETF 0.4 70 -41 4.9 -0.6
SOCL Global X Social Media ETF 0.4 65 -36 -6.4 -11.9
MCH Matthews China Active ETF 0.4 79 -50 5.4 -0.1
CGRO CoreValues Alpha Greater China Growth ETF 0.4 75 -46 2.0 -3.5
HAP VanEck Natural Resources ETF 0.4 50 -21 10.0 +4.5
AQWA Global X Clean Water ETF 0.4 50 -21 4.2 -1.3
CGW Invesco S&P Global Water Index ETF 0.4 57 -28 4.4 -1.1
PIO Invesco Global Water ETF 0.4 75 -46 5.2 -0.4
BLLD JPMorgan Sustainable Infrastructure ETF 0.4 49 -20 5.7 +0.2
RAYD Rayliant Quantitative Developed Market Equity ETF 0.4 80 -51 3.8 -1.7
IWR iShares Russell Midcap ETF 0.4 19 10 5.4 -0.1
JMOM JPMorgan U.S. Momentum Factor ETF 0.3 12 17 4.5 -1.0
LRGF iShares U.S. Equity Factor ETF 0.3 8 21 5.6 +0.1
IMOM Alpha Architect International Quantitative Momentum ETF 0.3 49 -20 5.7 +0.2
IVAL Alpha Architect International Quantitative Value ETF 0.3 49 -20 9.5 +4.0
RODM Hartford Multifactor Developed Markets (ex-US) ETF 0.3 29 0 8.6 +3.1
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.3 45 -16 -0.6 -6.1
BUZZ VanEck Social Sentiment ETF 0.3 75 -46 0.3 -5.2
IQSI IQ Candriam International Equity ETF 0.3 15 14 6.6 +1.1
ESPO VanEck Video Gaming and eSports ETF 0.3 56 -27 3.5 -2.0
METV Roundhill Ball Metaverse ETF 0.3 59 -30 3.4 -2.2
NERD Roundhill Video Games ETF 0.3 50 -21 7.1 +1.6
FMET Fidelity Metaverse ETF 0.3 39 -10 5.4 -0.1
ODDS Pacer BlueStar Digital Entertainment ETF 0.3 60 -31 2.3 -3.2
IVRS iShares Future Metaverse Tech and Communications ETF 0.3 47 -18 -4.9 -10.4
CHIQ Global X MSCI China Consumer Discretionary ETF 0.3 65 -36 5.9 +0.4
INTF iShares International Equity Factor ETF 0.3 15 14 8.2 +2.7
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.3 39 -10 4.1 -1.4
DSTX Distillate International Fundamental Stability & Value ETF 0.3 55 -26 8.0 +2.5
SDG iShares MSCI Global Sustainable Development Goals ETF 0.2 49 -20 5.6 +0.1
VGK Vanguard FTSE Europe ETF 0.2 11 18 7.1 +1.6
EPHE iShares MSCI Philippines ETF 0.2 59 -30 8.9 +3.4
TMFG Motley Fool Global Opportunities ETF 0.2 85 -56 3.2 -2.3
SHPP Pacer Industrials and Logistics ETF 0.2 60 -31 9.9 +4.4
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 0.2 68 -39 8.2 +2.7
SPEU SPDR Portfolio Europe ETF 0.2 7 22 7.1 +1.6
BBEU JPMorgan BetaBuilders Europe ETF 0.2 9 20 7.1 +1.6
FLEE Franklin FTSE Europe ETF 0.2 9 20 7.2 +1.6
AVIV Avantis International Large Cap Value ETF 0.2 25 4 9.0 +3.4
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.2 12 17 4.5 -1.1
DIVI Franklin International Core Dividend Tilt Index ETF 0.2 9 20 8.1 +2.6
GSID Goldman Sachs MarketBeta International Equity ETF 0.2 20 9 7.0 +1.5
VFMO Vanguard U.S. Momentum Factor ETF 0.2 13 16 2.1 -3.4
PNQI Invesco NASDAQ Internet ETF 0.2 60 -31 2.3 -3.2
EWX SPDR S&P Emerging Markets Small Cap ETF 0.2 65 -36 8.2 +2.6
BKIE BNY Mellon International Equity ETF 0.2 4 25 7.1 +1.6
SCZ iShares MSCI EAFE Small-Cap ETF 0.2 40 -11 6.6 +1.1
CRAK VanEck Oil Refiners ETF 0.2 61 -32 14.7 +9.2
SMLF iShares U.S. SmallCap Equity Factor ETF 0.2 15 14 4.6 -0.9
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.2 15 14 4.7 -0.8
IWF iShares Russell 1000 Growth ETF 0.2 19 10 4.5 -1.1
VONG Vanguard Russell 1000 Growth ETF 0.2 8 21 4.6 -1.0
AVDE Avantis International Equity ETF 0.2 23 6 8.1 +2.5
EWN iShares MSCI Netherlands ETF 0.2 50 -21 5.1 -0.4
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.2 70 -41 3.5 -2.0
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.2 25 4 7.2 +1.6
ISCF iShares International SmallCap Equity Factor ETF 0.2 23 6 9.1 +3.6
SCHC Schwab International Small-Cap Equity ETF 0.1 11 18 6.6 +1.1
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.1 25 4 7.2 +1.7
TCHI iShares MSCI China Multisector Tech ETF 0.1 59 -30 1.9 -3.7
DWX SPDR S&P International Dividend ETF 0.1 45 -16 6.5 +1.0
LNGG Roundhill Alerian LNG ETF 0.1 65 -36 9.1 +3.6
RVRB Reverb ETF 0.1 30 -1 4.7 -0.8
DIHP Dimensional International High Profitability ETF 0.1 29 0 7.6 +2.1
KOMP SPDR S&P Kensho New Economies Composite ETF 0.1 20 9 1.0 -4.5
XMAG Defiance Large Cap ex-Mag 7 ETF 0.1 35 -6 5.1 -0.4
RXI iShares Global Consumer Discretionary ETF 0.1 41 -12 5.4 -0.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.1 39 -10 7.4 +1.9
FELG Fidelity Enhanced Large Cap Growth ETF 0.1 18 11 4.6 -0.9
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 20 4.8 -0.7
ESGG FlexShares STOXX Global ESG Select Index Fund 0.1 42 -13 5.1 -0.4
DFIC Dimensional International Core Equity 2 ETF 0.1 23 6 7.7 +2.2
DFSI Dimensional International Sustainability Core 1 ETF 0.1 24 5 6.5 +1.0
IWB iShares Russell 1000 ETF 0.1 15 14 4.8 -0.7
VONE Vanguard Russell 1000 ETF 0.1 8 21 4.9 -0.6
AVSD Avantis Responsible International Equity ETF 0.1 23 6 7.1 +1.6
IWV iShares Russell 3000 ETF 0.1 20 9 4.7 -0.9
VTHR Vanguard Russell 3000 ETF 0.1 10 19 4.7 -0.8
ECH iShares MSCI Chile ETF 0.1 58 -29 9.8 +4.3
IPAC iShares Core MSCI Pacific ETF 0.1 9 20 7.2 +1.7
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.1 32 -3 4.8 -0.7
EZU iShares MSCI Eurozone ETF 0.1 52 -23 6.6 +1.1
DFIS Dimensional International Small Cap ETF 0.1 39 -10 6.9 +1.4
EWW iShares MSCI Mexico ETF 0.1 50 -21 13.2 +7.7
FLMX Franklin FTSE Mexico ETF 0.1 19 10 16.2 +10.7
EQAL Invesco Russell 1000 Equal Weight ETF 0.1 20 9 6.3 +0.8
FLEU Franklin FTSE Eurozone ETF 0.1 9 20 7.3 +1.8
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 9 6.8 +1.3
DFAI Dimensional International Core Equity Market ETF 0.1 18 11 7.3 +1.8
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.1 45 -16 6.5 +1.0
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.1 14 15 5.0 -0.5
IEFA iShares Core MSCI EAFE ETF 0.0 7 22 7.1 +1.6
DMXF iShares ESG Advanced MSCI EAFE ETF 0.0 12 17 5.5 +0.0
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 25 7.1 +1.6
EFG iShares MSCI EAFE Growth ETF 0.0 36 -7 4.5 -1.0
APIE ActivePassive International Equity ETF 0.0 45 -16 8.1 +2.6
IDHQ Invesco S&P International Developed High Quality ETF 0.0 29 0 6.5 +1.0
AVUS Avantis U.S. Equity ETF 0.0 15 14 5.6 +0.1
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.0 12 17 5.9 +0.3
IUS Invesco RAFI Strategic US ETF 0.0 19 10 6.8 +1.3
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.0 46 -17 6.5 +1.0
IEUR iShares Core MSCI Europe ETF 0.0 11 18 7.1 +1.6
IMTM iShares MSCI Intl Momentum Factor ETF 0.0 30 -1 6.3 +0.8
EXI iShares Global Industrials ETF 0.0 42 -13 4.5 -1.0
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.0 20 9 6.5 +1.0
EFA iShares MSCI EAFE ETF 0.0 35 -6 6.9 +1.4
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.0 36 -7 6.6 +1.1
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 8 3.8 -1.7
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 12 6.9 +1.4
KOKU Xtrackers MSCI Kokusai Equity ETF 0.0 9 20 5.2 -0.3
TOK iShares MSCI Kokusai ETF 0.0 26 3 5.0 -0.5
URTH iShares MSCI World ETF 0.0 24 5 5.2 -0.3
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 -1 5.9 +0.4
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.0 30 -1 4.7 -0.8

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:		 Invesco S&P Emerging Markets Momentum 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 13.4 %
Divided by: Fwd. P/BV 2.3 x
Less: Expense ratio 29 bp
Equals: ALTAR Score 5.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.55 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.