Invesco S&P Emerging Markets Momentum ETF
ALTAR
Score™		 6.2% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 13.5x P/Sales
ratio		 1.4x
P/BV
ratio		 1.0x Div.
yield		 1.9%


  • 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) $12
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 211
Wgt avg mkt cap (mns) $174,073
Large cap (>$10bn) 86.2%
Mid cap ($2-10bn) 13.4%
Small cap (<$2bn) 0.3%
Developed mkts 1.7%
Emerging mkts 98.3%

TOP TEN HOLDINGS
TAIWAN SEMICONDUCTOR MANUFAC 10.2 %
MEDIATEK INC 4.0 %
INFOSYS TECHNOLOGIES LTD 3.9 %
HON HAI PRECISION INDUSTRY 3.8 %
BHARTI AIRTEL LIMITED 3.7 %
MAHINDRA & MAHINDRA LTD. 2.1 %
ZOMATO LTD. 1.6 %
NU HOLDINGS LTD. CLASS A 1.5 %
FUBON FINANCIAL HOLDING CO 1.5 %
ACWA POWER 1.4 %
Total 33.7 %

TOP COUNTRY EXPOSURE
CHINA 41.6 %
TAIWAN 18.3 %
INDIA 9.9 %
SOUTH KOREA 6.2 %
UAE 2.7 %
MALAYSIA 2.3 %
BRAZIL 1.7 %
SOUTH AFRICA 1.4 %
HONG KONG 1.3 %
TURKEY 1.2 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
-6.9% -2.1% 2.3% 0.7% -0.6%

Market Correlations
versus... Beta R-squared
S&P500 0.73 66%
MSCI EAFE 0.65 53%
MSCI Emg. Mkts. 0.59 44%

Technical Indicators
Recent close $14.99
30d moving avg. $15.40
Annualized volatility 15.4%
Short interest (ETF) 0.1%
Relative strength (RSI) 41

Liquidity measures
Avg. volume (thou.) 16
Turnover 2.0%
Bid/Ask (% of price) 0.65%
ADV underlying (mns) $5,306

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 378 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™: 6.2%


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 39.9 19 10 3.9 -2.3
INDA iShares MSCI India ETF 39.6 65 -36 4.3 -1.9
PIN Invesco India ETF 38.1 78 -49 4.3 -1.9
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 34.8 32 -3 7.0 +0.8
EMXC iShares MSCI Emerging Markets ex China ETF 33.9 25 4 8.0 +1.8
STXE Strive Emerging Markets Ex-China ETF 33.6 32 -3 8.2 +2.0
XC WisdomTree Emerging Markets Ex-China Fund 32.2 32 -3 5.5 -0.7
XCNY SPDR S&P Emerging Markets ex-China ETF 31.5 15 14 0.0 -6.2
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 30.9 24 5 8.3 +2.2
EPI WisdomTree India Earnings Fund 30.1 85 -56 4.7 -1.5
NUEM Nuveen ESG Emerging Markets Equity ETF 28.4 36 -7 8.1 +1.9
XCEM Columbia EM Core ex-China ETF 27.6 16 13 8.5 +2.3
EEMA iShares MSCI Emerging Markets Asia ETF 27.4 49 -20 10.7 +4.5
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 26.4 32 -3 9.6 +3.4
ECON Columbia Emerging Markets Consumer ETF 26.0 49 -20 12.9 +6.8
AAXJ iShares MSCI All Country Asia ex Japan ETF 26.0 70 -41 9.8 +3.6
FLTW Franklin FTSE Taiwan ETF 26.0 19 10 7.0 +0.8
EMMF WisdomTree Emerging Markets Multifactor Fund 25.9 48 -19 7.8 +1.6
INDY iShares India 50 ETF 25.7 89 -60 4.6 -1.6
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 25.7 15 14 8.6 +2.4
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 25.6 30 -1 10.6 +4.4
EWT iShares MSCI Taiwan ETF 25.6 58 -29 6.8 +0.6
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 25.2 45 -16 11.0 +4.8
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 25.1 66 -37 10.2 +4.0
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 25.1 88 -59 10.3 +4.1
EEM iShares MSCI Emerging Markets ETF 25.1 69 -40 10.7 +4.5
BKEM BNY Mellon Emerging Markets Equity ETF 24.9 11 18 11.8 +5.6
EMGF iShares Emerging Markets Equity Factor ETF 24.7 25 4 12.4 +6.2
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 24.7 50 -21 11.6 +5.4
FLAX Franklin FTSE Asia Ex Japan ETF 24.7 19 10 10.8 +4.7
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 24.5 15 14 10.8 +4.6
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 24.0 36 -7 11.2 +5.0
ESGE iShares ESG Aware MSCI EM ETF 23.8 25 4 10.7 +4.5
JHEM John Hancock Multifactor Emerging Markets ETF 23.5 49 -20 10.5 +4.3
SCHE Schwab Emerging Markets Equity ETF 23.2 11 18 11.6 +5.4
DEHP Dimensional Emerging Markets High Profitability ETF 23.2 41 -12 6.5 +0.4
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 23.1 20 9 11.3 +5.1
EMDM First Trust Bloomberg Emerging Market Democracies ETF 23.1 75 -46 10.3 +4.1
LDEM iShares ESG MSCI EM Leaders ETF 22.6 17 12 12.9 +6.7
FDEM Fidelity Emerging Markets Multifactor ETF 22.3 25 4 13.5 +7.3
IEMG iShares Core MSCI Emerging Markets ETF 22.3 9 20 10.9 +4.7
EVLU iShares MSCI Emerging Markets Value Factor ETF 22.2 35 -6 21.6 +15.4
NFTY First Trust India NIFTY 50 Equal Weight ETF 22.0 80 -51 4.8 -1.4
VWO Vanguard FTSE Emerging Markets ETF 22.0 8 21 10.9 +4.7
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 21.9 33 -4 10.6 +4.4
EMXF iShares ESG Advanced MSCI EM ETF 21.8 16 13 8.4 +2.2
DFAE Dimensional Emerging Core Equity Market ETF 21.2 35 -6 10.2 +4.0
SPEM SPDR Portfolio Emerging Markets ETF 20.9 7 22 10.9 +4.7
MEM Matthews Emerging Markets Equity Active ETF 20.5 79 -50 8.5 +2.3
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 20.1 95 -66 13.1 +6.9
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 20.1 30 -1 9.3 +3.2
UEVM VictoryShares Emerging Markets Value Momentum ETF 20.0 45 -16 11.1 +4.9
FTHF First Trust Emerging Markets Human Flourishing ETF 19.2 75 -46 9.8 +3.7
ROAM Hartford Multifactor Emerging Markets ETF 19.2 44 -15 11.3 +5.1
AVES Avantis Emerging Markets Value ETF 19.2 36 -7 12.2 +6.0
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 19.1 40 -11 5.6 -0.6
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 19.0 44 -15 11.0 +4.9
PXH Invesco FTSE RAFI Emerging Markets ETF 18.9 49 -20 16.7 +10.5
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 18.5 39 -10 16.9 +10.7
AIA iShares Asia 50 ETF 18.2 50 -21 14.7 +8.5
MINV Matthews Asia Innovators Active ETF 18.0 79 -50 7.7 +1.5
EMM Global X Emerging Markets ex-China ETF 17.7 75 -46 5.0 -1.2
DFEM Dimensional Emerging Markets Core Equity 2 ETF 17.3 38 -9 9.9 +3.8
BKF iShares MSCI BIC ETF 17.0 69 -40 13.0 +6.8
GMF SPDR S&P Emerging Asia Pacific ETF 16.6 49 -20 10.0 +3.8
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 16.2 41 -12 9.4 +3.2
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 15.4 25 4 6.5 +0.3
AVEM Avantis Emerging Markets Equity ETF 15.0 33 -4 9.7 +3.5
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 14.7 59 -30 13.7 +7.5
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 13.9 42 -13 6.8 +0.6
RNEM First Trust Emerging Markets Equity Select ETF 13.2 75 -46 1.0 -5.2
DFEV Dimensional Emerging Markets Value ETF 13.1 43 -14 14.5 +8.3
EMC Global X Emerging Markets Great Consumer ETF 12.5 75 -46 8.5 +2.3
FRDM Freedom 100 Emerging Markets ETF 12.4 49 -20 9.1 +2.9
DEM WisdomTree Emerging Markets High Dividend Fund 12.2 63 -34 13.6 +7.4
FEM First Trust Emerging Markets AlphaDEX Fund 11.8 80 -51 13.8 +7.6
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 11.5 90 -61 8.4 +2.2
NDIA Global X India Active ETF 11.0 75 -46 4.7 -1.5
INCO Columbia India Consumer ETF 10.7 75 -46 1.8 -4.4
PATN Pacer Nasdaq International Patent Leaders ETF 10.7 65 -36 4.0 -2.2
DGIN VanEck Digital India ETF 9.3 71 -42 2.0 -4.2
CGXU Capital Group International Focus Equity ETF 9.0 54 -25 5.9 -0.3
KNCT Invesco Next Gen Connectivity ETF 8.9 40 -11 5.1 -1.1
IQDF FlexShares International Quality Dividend Index Fund 7.8 47 -18 9.5 +3.3
ACWX iShares MSCI ACWI ex U.S. ETF 7.5 34 -5 8.1 +2.0
GXUS Goldman Sachs MarketBeta Total International Equity ETF 7.3 18 11 8.1 +1.9
EWY iShares MSCI South Korea ETF 7.3 58 -29 10.5 +4.3
VSGX Vanguard ESG International Stock ETF 7.2 12 17 8.2 +2.0
IQDY FlexShares International Quality Dividend Dynamic Index Fund 7.2 47 -18 9.0 +2.8
IVES Wedbush ETFMG Global Cloud Technology ETF 7.1 68 -39 9.3 +3.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 7.0 41 -12 7.1 +0.9
AIVC Amplify Bloomberg AI Value Chain ETF 6.9 59 -30 8.6 +2.4
VEU Vanguard FTSE All-World ex-US Index Fund 6.9 8 21 8.5 +2.3
FLKR Franklin FTSE South Korea ETF 6.8 9 20 11.2 +5.0
IXUS iShares Core MSCI Total International Stock ETF 6.7 7 22 8.3 +2.1
VXUS Vanguard Total International Stock ETF 6.5 7 22 8.3 +2.1
EYLD Cambria Emerging Shareholder Yield ETF 6.5 66 -37 13.1 +6.9
EELV Invesco S&P Emerging Markets Low Volatility ETF 6.4 29 0 8.7 +2.5
IWTR iShares MSCI Water Management Multisector ETF 6.2 47 -18 6.5 +0.3
FBOT Fidelity Disruptive Automation ETF 6.1 50 -21 4.0 -2.2
RODE Hartford Multifactor Diversified International ETF 6.1 29 0 9.9 +3.7
GLIN VanEck India Growth Leaders ETF 5.8 77 -48 6.4 +0.2
DVYE iShares Emerging Markets Dividend ETF 5.8 49 -20 18.9 +12.7
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 5.6 80 -51 9.7 +3.5
ECOW Pacer Emerging Markets Cash Cows 100 ETF 5.6 70 -41 15.8 +9.6
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 5.4 60 -31 13.3 +7.1
IXN iShares Global Tech ETF 5.4 41 -12 4.5 -1.7
JIG JPMorgan International Growth ETF 5.3 55 -26 4.8 -1.4
AGQI First Trust Active Global Quality Income ETF 4.8 85 -56 6.6 +0.4
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 4.8 86 -57 13.7 +7.5
GTEK Goldman Sachs Future Tech Leaders Equity ETF 4.7 75 -46 3.5 -2.7
VYMI Vanguard International High Dividend Yield ETF 4.7 22 7 10.0 +3.8
DFAX Dimensional World ex U.S. Core Equity 2 ETF 4.6 30 -1 8.6 +2.4
ACWV iShares MSCI Global Min Vol Factor ETF 4.6 20 9 7.6 +1.4
GGME Invesco Next Gen Media and Gaming ETF 4.4 60 -31 5.0 -1.2
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 4.3 86 -57 0.4 -5.8
EWM iShares MSCI Malaysia ETF 4.1 50 -21 6.6 +0.4
CHAT Roundhill Generative AI & Technology ETF 3.9 75 -46 14.8 +8.6
CWI SPDR MSCI ACWI ex-US ETF 3.9 30 -1 8.2 +2.0
GLOF iShares Global Equity Factor ETF 3.7 20 9 7.0 +0.8
FLN First Trust Latin America AlphaDEX Fund 3.7 80 -51 10.6 +4.4
EDIV SPDR S&P Emerging Markets Dividend ETF 3.6 49 -20 11.6 +5.4
ASEA Global X FTSE Southeast Asia ETF 3.6 65 -36 6.9 +0.7
EWZ iShares MSCI Brazil ETF 3.5 58 -29 13.7 +7.5
NXTG First Trust Indxx NextG ETF 3.4 70 -41 5.8 -0.4
TUR iShares MSCI Turkey ETF 3.4 58 -29 19.2 +13.0
CLNR IQ Cleaner Transport ETF 3.3 45 -16 7.3 +1.1
UIVM VictoryShares International Value Momentum ETF 3.2 35 -6 9.5 +3.3
IPAV Global X Infrastructure Development ex-U.S. ETF 3.1 55 -26 4.5 -1.7
ADIV SmartETFs Asia Pacific Dividend Builder ETF 3.1 78 -49 9.6 +3.4
SCHY Schwab International Dividend Equity ETF 3.1 14 15 9.8 +3.6
CRBN iShares MSCI ACWI Low Carbon Target ETF 3.1 20 9 6.3 +0.1
FILL iShares MSCI Global Energy Producers ETF 3.0 39 -10 11.4 +5.2
IDAT iShares Future Cloud 5G and Tech ETF 2.8 47 -18 4.8 -1.4
INQQ India Internet & Ecommerce ETF 2.7 86 -57 1.1 -5.1
ACWI iShares MSCI ACWI ETF 2.7 32 -3 6.1 -0.1
OAIM OneAscent International Equity ETF 2.7 95 -66 6.2 -0.0
SDEM Global X MSCI SuperDividend Emerging Markets ETF 2.6 67 -38 13.3 +7.1
EEMS iShares MSCI Emerging Markets Small Cap ETF 2.6 70 -41 7.8 +1.6
VT Vanguard Total World Stock ETF 2.5 7 22 6.4 +0.2
WWJD Inspire International ETF 2.5 80 -51 7.6 +1.4
VIDI Vident International Equity Strategy ETF 2.5 61 -32 12.0 +5.8
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 2.4 12 17 5.2 -1.0
JPIN J.P. Morgan Diversified Return International Equity ETF 2.4 37 -8 8.9 +2.7
FTAG First Trust Indxx Global Agriculture ETF 2.3 70 -41 8.1 +1.9
KLMT Invesco MSCI Global Climate 500 ETF 2.3 10 19 6.1 -0.1
DEW WisdomTree Global High Dividend Fund 2.3 58 -29 7.7 +1.5
FLLA Franklin FTSE Latin America ETF 2.2 19 10 13.5 +7.3
FDT First Trust Developed Markets ex-US AlphaDEX Fund 2.2 80 -51 10.0 +3.8
IGRO iShares International Dividend Growth ETF 2.2 15 14 7.3 +1.1
FGD First Trust Dow Jones Global Select Dividend Index Fund 2.1 56 -27 12.6 +6.4
FLBR Franklin FTSE Brazil ETF 2.0 19 10 15.3 +9.2
IDV iShares International Select Dividend ETF 2.0 51 -22 11.6 +5.4
VIGI Vanguard International Dividend Appreciation ETF 2.0 15 14 6.2 +0.0
INDF Nifty India Financials ETF 2.0 75 -46 6.6 +0.4
JSTC Adasina Social Justice All Cap Global ETF 2.0 89 -60 4.5 -1.7
FBZ First Trust Brazil AlphaDEX Fund 2.0 80 -51 13.4 +7.2
SNSR Global X Internet of Things ETF 1.9 68 -39 5.0 -1.2
FCLD Fidelity Cloud Computing ETF 1.9 39 -10 3.0 -3.2
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.9 12 17 7.7 +1.5
IPKW Invesco International BuyBack Achievers ETF 1.9 55 -26 15.3 +9.1
COPY Tweedy, Browne Insider + Value ETF 1.8 80 -51 12.6 +6.4
MOTG VanEck Morningstar Global Wide Moat ETF 1.8 52 -23 6.7 +0.5
BRAZ Global X Brazil Active ETF 1.8 75 -46 13.1 +6.9
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 1.8 58 -29 10.1 +3.9
ILF iShares Latin America 40 ETF 1.7 48 -19 13.5 +7.3
DTCR Global X Data Center & Digital Infrastructure ETF 1.7 50 -21 1.7 -4.5
FPXI First Trust International Equity Opportunities ETF 1.6 70 -41 3.9 -2.3
EPOL iShares MSCI Poland ETF 1.6 59 -30 11.6 +5.4
VPL Vanguard FTSE Pacific ETF 1.6 8 21 7.7 +1.5
WRND IQ Global Equity R&D Leaders ETF 1.6 18 11 7.9 +1.7
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.5 46 -17 10.4 +4.2
XT iShares Exponential Technologies ETF 1.5 46 -17 5.5 -0.7
ARKF ARK Fintech Innovation ETF 1.5 75 -46 -0.3 -6.5
BITQ Bitwise Crypto Industry Innovators ETF 1.5 85 -56 -2.8 -9.0
BLOK Amplify Transformational Data Sharing ETF 1.5 75 -46 0.4 -5.8
LOUP Innovator Deepwater Frontier Tech ETF 1.5 70 -41 1.8 -4.4
SFYF SoFi Social 50 ETF 1.5 29 0 0.1 -6.1
AOTG AOT Growth and Innovation ETF 1.5 75 -46 2.4 -3.8
BPAY BlackRock Future Financial and Technology ETF 1.5 70 -41 7.5 +1.3
OBOR KraneShares MSCI One Belt One Road Index ETF 1.5 79 -50 7.7 +1.5
QTUM Defiance Quantum ETF 1.5 40 -11 7.7 +1.5
ARTY iShares Future AI & Tech ETF 1.5 47 -18 4.1 -2.1
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 1.5 47 -18 5.7 -0.5
FLCH Franklin FTSE China ETF 1.5 19 10 17.2 +11.0
FLSA Franklin FTSE Saudi Arabia ETF 1.4 39 -10 5.9 -0.3
KSA iShares MSCI Saudi Arabia ETF 1.4 74 -45 5.7 -0.5
BLES Inspire Global Hope ETF 1.4 61 -32 6.9 +0.7
JGLO JPMorgan Global Select Equity ETF 1.4 33 -4 5.1 -1.1
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.3 49 -20 7.3 +1.2
IWP iShares Russell Mid-Cap Growth ETF 1.3 23 6 3.7 -2.5
FDNI First Trust Dow Jones International Internet ETF 1.3 65 -36 19.5 +13.3
AFK VanEck Africa Index ETF 1.3 98 -69 12.6 +6.4
GXC SPDR S&P China ETF 1.3 59 -30 16.7 +10.5
SDIV Global X Superdividend ETF 1.3 58 -29 13.9 +7.7
MCHI iShares MSCI China ETF 1.3 59 -30 17.8 +11.7
WTAI WisdomTree Artificial Intelligence and Innovation Fund 1.2 45 -16 3.5 -2.7
IXG iShares Global Financials ETF 1.2 42 -13 8.1 +1.9
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 1.2 60 -31 8.0 +1.8
TTAI FCF International Quality ETF 1.2 59 -30 6.9 +0.7
GVAL Cambria Global Value ETF 1.2 68 -39 11.3 +5.1
IDX VanEck Indonesia Index ETF 1.1 57 -28 8.4 +2.2
KALL KraneShares MSCI All China Index ETF 1.0 49 -20 15.3 +9.1
HFXI IQ FTSE International Equity Currency Neutral ETF 1.0 20 9 7.4 +1.2
EDOG ALPS Emerging Sector Dividend Dogs ETF 1.0 60 -31 11.0 +4.8
ROBO ROBO Global Robotics & Automation Index ETF 1.0 95 -66 4.0 -2.2
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.9 24 5 6.4 +0.2
FTRI First Trust Indxx Global Natural Resources Income ETF 0.9 70 -41 8.6 +2.4
HERO Global X Video Games & Esports ETF 0.9 50 -21 4.6 -1.6
OND ProShares On-Demand ETF 0.9 58 -29 1.5 -4.7
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.9 80 -51 4.9 -1.3
FNDC Schwab Fundamental International Small Co. Index ETF 0.9 39 -10 6.3 +0.1
SHLD Global X Defense Tech ETF 0.9 50 -21 3.8 -2.4
BNGE First Trust S-Network Streaming and Gaming ETF 0.8 70 -41 3.6 -2.6
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.8 10 19 7.5 +1.3
ICLN iShares Global Clean Energy ETF 0.8 41 -12 6.4 +0.2
FDFF Fidelity Disruptive Finance ETF 0.8 50 -21 4.1 -2.1
TPIF Timothy Plan International ETF 0.8 62 -33 6.5 +0.3
EFRA iShares Environmental Infrastructure and Industrials ETF 0.8 47 -18 4.4 -1.8
SMIN iShares MSCI India Small Cap ETF 0.8 79 -50 3.3 -2.9
EZA iShares MSCI South Africa ETF 0.8 58 -29 10.9 +4.7
SAGP Strategas Global Policy Opportunities ETF 0.7 65 -36 5.3 -0.9
JOET Virtus Terranova US Quality Momentum ETF 0.7 29 0 5.3 -0.9
ANEW ProShares MSCI Transformational Changes ETF 0.7 45 -16 7.0 +0.9
PICK iShares MSCI Global Metals & Mining Producers ETF 0.7 39 -10 14.1 +7.9
VEA Vanguard FTSE Developed Markets ETF 0.7 5 24 7.6 +1.4
CIL VictoryShares International Volatility Wtd ETF 0.7 45 -16 7.0 +0.8
SCHF Schwab International Equity ETF 0.7 6 23 7.7 +1.5
IYF iShares U.S. Financials ETF 0.7 40 -11 6.9 +0.7
FXI iShares China Large-Cap ETF 0.7 74 -45 18.1 +12.0
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.7 7 22 7.0 +0.8
JETS U.S. Global Jets ETF 0.6 60 -31 4.2 -2.0
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.6 65 -36 12.2 +6.0
EIDO iShares MSCI Indonesia ETF 0.6 59 -30 8.5 +2.3
VEGI iShares MSCI Agriculture Producers ETF 0.6 39 -10 8.8 +2.6
SPDW SPDR Portfolio Developed World ex-US ETF 0.6 3 26 7.5 +1.3
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.6 68 -39 2.7 -3.5
FCA First Trust China AlphaDEX Fund 0.6 80 -51 11.3 +5.1
FNDF Schwab Fundamental International Large Co. Index ETF 0.5 25 4 10.1 +3.9
AADR AdvisorShares Dorsey Wright ADR ETF 0.5 110 -81 5.1 -1.1
AWAY ETFMG Travel Tech ETF 0.5 76 -47 0.0 -6.2
BUYZ Franklin Disruptive Commerce ETF 0.5 50 -21 2.6 -3.6
CBSE Clough Select Equity ETF 0.5 85 -56 1.6 -4.6
IBUY Amplify Online Retail ETF 0.5 65 -36 3.7 -2.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.5 9 20 6.0 -0.2
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.5 80 -51 13.6 +7.4
KWEB KraneShares CSI China Internet ETF 0.5 69 -40 25.8 +19.6
OGIG ALPS O'Shares Global Internet Giants ETF 0.5 48 -19 1.9 -4.3
PGJ Invesco Golden Dragon China ETF 0.5 70 -41 13.9 +7.7
SOCL Global X Social Media ETF 0.5 65 -36 12.9 +6.7
UAE iShares MSCI UAE ETF 0.5 59 -30 9.0 +2.8
BATT Amplify Lithium & Battery Technology ETF 0.5 59 -30 3.8 -2.4
GINN Goldman Sachs Innovate Equity ETF 0.5 52 -23 4.4 -1.8
GMET VanEck Green Metals ETF 0.5 63 -34 10.8 +4.6
IPOS Renaissance International IPO ETF 0.5 80 -51 2.4 -3.8
SETM Sprott Energy Transition Materials ETF 0.5 65 -36 4.7 -1.5
CHIQ Global X MSCI China Consumer Discretionary ETF 0.5 65 -36 13.7 +7.5
CGRO CoreValues Alpha Greater China Growth ETF 0.5 75 -46 4.0 -2.2
SUPL ProShares Supply Chain Logistics ETF 0.5 58 -29 5.4 -0.8
CGDG Capital Group Dividend Growers ETF 0.4 47 -18 6.3 +0.1
AQWA Global X Clean Water ETF 0.4 50 -21 5.0 -1.2
CGW Invesco S&P Global Water Index ETF 0.4 57 -28 4.8 -1.4
PIO Invesco Global Water ETF 0.4 75 -46 4.9 -1.3
VCLN Virtus Duff & Phelps Clean Energy ETF 0.4 59 -30 6.2 -0.0
BLLD JPMorgan Sustainable Infrastructure ETF 0.4 49 -20 4.8 -1.4
BUZZ VanEck Social Sentiment ETF 0.4 75 -46 -1.3 -7.4
DGT SPDR Global Dow ETF 0.4 50 -21 8.1 +1.9
GQQQ Astoria US Quality Growth Kings ETF 0.4 35 -6 5.6 -0.6
IMFL Invesco International Developed Dynamic Multifactor ETF 0.4 34 -5 6.2 0.0
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.4 45 -16 9.3 +3.1
CGGO Capital Group Global Growth Equity ETF 0.4 47 -18 5.0 -1.2
SDG iShares MSCI Global Sustainable Development Goals ETF 0.4 49 -20 6.0 -0.2
EWS iShares MSCI Singapore ETF 0.4 50 -21 5.2 -1.0
IVAL Alpha Architect International Quantitative Value ETF 0.4 49 -20 10.6 +4.5
RODM Hartford Multifactor Developed Markets (ex-US) ETF 0.4 29 0 8.2 +2.0
MCH Matthews China Active ETF 0.4 79 -50 15.3 +9.1
IQSI IQ Candriam International Equity ETF 0.4 15 14 6.7 +0.5
ESPO VanEck Video Gaming and eSports ETF 0.3 56 -27 4.8 -1.4
METV Roundhill Ball Metaverse ETF 0.3 59 -30 8.3 +2.1
NERD Roundhill Video Games ETF 0.3 50 -21 3.9 -2.3
FMET Fidelity Metaverse ETF 0.3 39 -10 5.1 -1.1
ODDS Pacer BlueStar Digital Entertainment ETF 0.3 60 -31 4.9 -1.3
IVRS iShares Future Metaverse Tech and Communications ETF 0.3 47 -18 2.8 -3.4
IWR iShares Russell Midcap ETF 0.3 19 10 5.8 -0.4
EPP iShares MSCI Pacific ex-Japan ETF 0.3 47 -18 5.7 -0.5
LRGF iShares U.S. Equity Factor ETF 0.3 8 21 6.6 +0.4
VGK Vanguard FTSE Europe ETF 0.3 11 18 7.5 +1.3
SPEU SPDR Portfolio Europe ETF 0.3 7 22 7.5 +1.3
HAP VanEck Natural Resources ETF 0.3 50 -21 10.0 +3.9
EPHE iShares MSCI Philippines ETF 0.3 59 -30 10.1 +3.9
TMFG Motley Fool Global Opportunities ETF 0.3 85 -56 3.5 -2.7
SHPP Pacer Industrials and Logistics ETF 0.3 60 -31 5.1 -1.1
INTF iShares International Equity Factor ETF 0.3 15 14 8.1 +2.0
DIVI Franklin International Core Dividend Tilt Index ETF 0.3 9 20 8.2 +2.1
CGV Conductor Global Equity Value ETF 0.3 130 -101 9.2 +3.0
FLEE Franklin FTSE Europe ETF 0.3 9 20 7.0 +0.8
BBEU JPMorgan BetaBuilders Europe ETF 0.3 9 20 7.2 +1.1
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.3 39 -10 4.0 -2.2
FENI Fidelity Enhanced International ETF 0.2 28 1 7.0 +0.8
IDOG ALPS International Sector Dividend Dogs ETF 0.2 50 -21 12.3 +6.1
KOMP SPDR S&P Kensho New Economies Composite ETF 0.2 20 9 3.7 -2.5
GSID Goldman Sachs MarketBeta International Equity ETF 0.2 20 9 7.1 +0.9
AVIV Avantis International Large Cap Value ETF 0.2 25 4 9.3 +3.1
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.2 45 -16 0.0 -6.2
SCHC Schwab International Small-Cap Equity ETF 0.2 11 18 7.1 +0.9
EWX SPDR S&P Emerging Markets Small Cap ETF 0.2 65 -36 8.1 +1.9
PNQI Invesco NASDAQ Internet ETF 0.2 60 -31 3.8 -2.4
BKIE BNY Mellon International Equity ETF 0.2 4 25 7.3 +1.1
SMLF iShares U.S. SmallCap Equity Factor ETF 0.2 15 14 6.0 -0.2
CRAK VanEck Oil Refiners ETF 0.2 61 -32 15.4 +9.2
NATO Themes Transatlantic Defense ETF 0.2 35 -6 3.2 -3.0
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.2 25 4 7.5 +1.3
ECH iShares MSCI Chile ETF 0.2 58 -29 9.3 +3.1
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.2 12 17 4.8 -1.4
IDHQ Invesco S&P International Developed High Quality ETF 0.2 29 0 6.7 +0.5
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.2 32 -3 17.8 +11.6
EWN iShares MSCI Netherlands ETF 0.1 50 -21 5.9 -0.3
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.1 70 -41 4.5 -1.7
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.1 25 4 7.2 +1.1
AVDE Avantis International Equity ETF 0.1 23 6 8.0 +1.8
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.1 39 -10 8.3 +2.2
IWF iShares Russell 1000 Growth ETF 0.1 19 10 4.8 -1.4
VONG Vanguard Russell 1000 Growth ETF 0.1 8 21 4.9 -1.3
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.1 15 14 2.8 -3.4
IMTM iShares MSCI Intl Momentum Factor ETF 0.1 30 -1 5.6 -0.6
ISCF iShares International SmallCap Equity Factor ETF 0.1 23 6 8.6 +2.4
DWX SPDR S&P International Dividend ETF 0.1 45 -16 6.6 +0.4
RXI iShares Global Consumer Discretionary ETF 0.1 41 -12 9.2 +3.0
DIHP Dimensional International High Profitability ETF 0.1 29 0 7.4 +1.2
XMAG Defiance Large Cap ex-Mag 7 ETF 0.1 35 -6 4.5 -1.7
ESGG FlexShares STOXX Global ESG Select Index Fund 0.1 42 -13 5.2 -1.0
EFG iShares MSCI EAFE Growth ETF 0.1 36 -7 4.5 -1.7
TCHI iShares MSCI China Multisector Tech ETF 0.1 59 -30 22.4 +16.2
VFMO Vanguard U.S. Momentum Factor ETF 0.1 13 16 3.4 -2.8
DFIC Dimensional International Core Equity 2 ETF 0.1 23 6 7.9 +1.8
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 20 5.0 -1.2
DFSI Dimensional International Sustainability Core 1 ETF 0.1 24 5 6.6 +0.4
RVRB Reverb ETF 0.1 30 -1 2.6 -3.6
IPAC iShares Core MSCI Pacific ETF 0.1 9 20 7.1 +0.9
IQLT iShares MSCI Intl Quality Factor ETF 0.1 30 -1 6.3 +0.2
DFIS Dimensional International Small Cap ETF 0.1 39 -10 7.9 +1.7
IWB iShares Russell 1000 ETF 0.1 15 14 5.4 -0.8
VONE Vanguard Russell 1000 ETF 0.1 8 21 5.5 -0.7
EQAL Invesco Russell 1000 Equal Weight ETF 0.1 20 9 7.0 +0.8
IVLU iShares MSCI Intl Value Factor ETF 0.1 30 -1 11.1 +4.9
IWV iShares Russell 3000 ETF 0.1 20 9 5.2 -1.0
VTHR Vanguard Russell 3000 ETF 0.1 10 19 5.3 -0.9
EWW iShares MSCI Mexico ETF 0.1 50 -21 9.6 +3.4
FLMX Franklin FTSE Mexico ETF 0.1 19 10 9.9 +3.7
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 9 7.2 +1.0
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.1 45 -16 6.6 +0.4
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.1 32 -3 5.3 -0.9
VFMF Vanguard U.S. Multifactor ETF 0.1 18 11 8.5 +2.3
AVSD Avantis Responsible International Equity ETF 0.1 23 6 6.8 +0.6
EZU iShares MSCI Eurozone ETF 0.1 52 -23 6.8 +0.6
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.1 20 9 6.6 +0.4
EFA iShares MSCI EAFE ETF 0.1 35 -6 7.0 +0.8
DFAI Dimensional International Core Equity Market ETF 0.1 18 11 7.6 +1.4
EXI iShares Global Industrials ETF 0.1 42 -13 4.9 -1.3
FBCG Fidelity Blue Chip Growth ETF 0.1 59 -30 3.5 -2.7
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.1 36 -7 6.9 +0.7
IEFA iShares Core MSCI EAFE ETF 0.0 7 22 7.4 +1.2
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.0 12 17 6.2 -0.0
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 25 7.4 +1.2
DMXF iShares ESG Advanced MSCI EAFE ETF 0.0 12 17 5.8 -0.4
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.0 46 -17 6.8 +0.6
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.0 30 -1 7.3 +1.1
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 -1 6.0 -0.2
AVUS Avantis U.S. Equity ETF 0.0 15 14 6.6 +0.4
IUS Invesco RAFI Strategic US ETF 0.0 19 10 7.3 +1.1
IEUR iShares Core MSCI Europe ETF 0.0 11 18 7.4 +1.2
KOKU Xtrackers MSCI Kokusai Equity ETF 0.0 9 20 5.6 -0.6
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.0 20 9 6.7 +0.5
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 8 4.3 -1.9
TOK iShares MSCI Kokusai ETF 0.0 26 3 5.0 -1.2
URTH iShares MSCI World ETF 0.0 24 5 5.5 -0.7
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 12 7.3 +1.1
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.0 30 -1 5.4 -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

  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 Momentum ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 6.1 %
Divided by: Fwd. P/BV 0.9 x
Less: Expense ratio 29 bp
Equals: ALTAR Score 6.2 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.48 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.