Invesco S&P Emerging Markets Momentum ETF
ALTAR
Score™		 6.2% info Recommen-
dation		 UNDERWEIGHT
2024E    2025E
P/E
ratio		 13.1x P/Sales
ratio		 1.3x
P/BV
ratio		 2.5x Div.
yield		 2.6%


  • 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 PowerShares
Website www.powershares.com
Inception date Feb 24, 2012
Assets (mns) $7
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 203
Wgt avg mkt cap (mns) $28,309
Large cap (>$10bn) 71.2%
Mid cap ($2-10bn) 28.4%
Small cap (<$2bn) 0.5%
Developed mkts 3.0%
Emerging mkts 97.0%

TOP TEN HOLDINGS
INVESCO GOVERNMENT & AGENCY PORTFO 6.1 %
BHARTI AIRTEL LIMITED 3.1 %
PETROBRAS - PETROLEO BRAS-PR 3.0 %
MEDIATEK INC 2.9 %
QUANTA COMPUTER INC 2.5 %
LARSEN & TOUBRO LIMITED 2.4 %
PETROBRAS - PETROLEO BRAS 2.1 %
TATA MOTORS LTD 2.1 %
NTPC LIMITED 2.1 %
NU HOLDINGS LTD. CLASS A 1.5 %
Total 27.9 %

TOP COUNTRY EXPOSURE
INDIA 45.6 %
TAIWAN 17.9 %
BRAZIL 7.2 %
TURKEY 4.5 %
SOUTH KOREA 3.4 %
INDONESIA 2.4 %
POLAND 2.3 %
MEXICO 1.6 %
CAYMAN ISLANDS 1.5 %
SAUDI ARABIA 1.2 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
6.9% 27.7% 3.2% 1.6% 0.1%

Market Correlations
versus... Beta R-squared
S&P500 0.73 59%
MSCI EAFE 0.72 54%
MSCI Emg. Mkts. 0.69 53%

Technical Indicators
Recent close $16.06
30d moving avg. $14.27
Annualized volatility 16.7%
Short interest (ETF) 9.3%
Relative strength (RSI) 71

Liquidity measures
Avg. volume (thou.) 2
Turnover 0.5%
Bid/Ask (% of price) 0.65%
ADV underlying (mns) $9,650

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 335 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
(%)
PIN Invesco India ETF 35.2 78 -49 3.8 -2.4
INDA iShares MSCI India ETF 34.9 65 -36 3.7 -2.5
FLIN Franklin FTSE India ETF 34.5 19 10 5.2 -1.0
EPI WisdomTree India Earnings Fund 25.1 85 -56 6.6 +0.4
ROAM Hartford Multifactor Emerging Markets ETF 24.5 44 -15 11.7 +5.5
EMMF WisdomTree Emerging Markets Multifactor Fund 24.0 48 -19 9.4 +3.2
INDY iShares India 50 ETF 23.3 89 -60 3.7 -2.5
UEVM VictoryShares Emerging Markets Value Momentum ETF 22.9 45 -16 12.7 +6.5
NFTY First Trust India NIFTY 50 Equal Weight ETF 22.6 80 -51 6.1 -0.0
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 22.5 32 -3 7.6 +1.4
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 22.1 50 -21 10.5 +4.4
FDEM Fidelity Emerging Markets Multifactor ETF 19.3 25 4 11.9 +5.8
EMXC iShares MSCI Emerging Markets ex China ETF 19.2 25 4 6.7 +0.5
STXE Strive Emerging Markets Ex-China ETF 19.1 32 -3 6.9 +0.7
EMM Global X Emerging Markets ex-China ETF 19.1 75 -46 3.7 -2.5
PXH Invesco FTSE RAFI Emerging Markets ETF 18.9 49 -20 12.4 +6.2
FEM First Trust Emerging Markets AlphaDEX Fund 18.5 80 -51 16.3 +10.1
AVES Avantis Emerging Markets Value ETF 18.5 36 -7 12.1 +5.9
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 18.2 24 5 7.1 +1.0
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 18.1 39 -10 12.5 +6.4
DEHP Dimensional Emerging Markets High Profitability ETF 18.1 41 -12 7.3 +1.1
JHEM John Hancock Multifactor Emerging Markets ETF 18.0 49 -20 8.3 +2.2
DEM WisdomTree Emerging Markets High Dividend Fund 17.3 63 -34 12.9 +6.7
EMGF iShares Emerging Markets Equity Factor ETF 17.0 25 4 8.7 +2.5
BKF iShares MSCI BIC ETF 16.7 69 -40 7.1 +0.9
NDIA Global X India Active ETF 16.5 75 -46 6.5 +0.3
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 16.5 88 -59 6.2 +0.0
XC WisdomTree Emerging Markets Ex-China Fund 16.5 32 -3 6.2 +0.0
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 16.5 44 -15 10.3 +4.1
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 16.2 95 -66 11.4 +5.2
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 15.2 45 -16 8.6 +2.4
GMF SPDR S&P Emerging Asia Pacific ETF 15.2 49 -20 6.4 +0.2
BKEM BNY Mellon Emerging Markets Equity ETF 15.1 11 18 7.7 +1.5
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 15.1 36 -7 7.5 +1.3
XCEM Columbia EM Core ex-China ETF 14.9 16 13 7.4 +1.2
SCHE Schwab Emerging Markets Equity ETF 14.8 11 18 7.6 +1.4
EMC Global X Emerging Markets Great Consumer ETF 14.6 75 -46 4.9 -1.3
EEM iShares MSCI Emerging Markets ETF 14.5 69 -40 7.0 +0.8
VWO Vanguard FTSE Emerging Markets ETF 14.4 8 21 7.6 +1.4
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 14.2 30 -1 8.5 +2.4
EMDM First Trust Bloomberg Emerging Market Democracies ETF 14.0 75 -46 9.6 +3.4
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 13.9 66 -37 7.2 +1.0
NUEM Nuveen ESG Emerging Markets Equity ETF 13.8 36 -7 6.8 +0.6
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 13.7 32 -3 6.3 +0.1
EEMA iShares MSCI Emerging Markets Asia ETF 13.7 49 -20 6.7 +0.5
IEMG iShares Core MSCI Emerging Markets ETF 13.4 9 20 7.5 +1.4
FLTW Franklin FTSE Taiwan ETF 13.3 19 10 6.0 -0.2
DFAE Dimensional Emerging Core Equity Market ETF 13.2 35 -6 7.7 +1.5
SPEM SPDR Portfolio Emerging Markets ETF 13.1 7 22 7.5 +1.3
AVEM Avantis Emerging Markets Equity ETF 13.1 33 -4 9.1 +2.9
FLAX Franklin FTSE Asia Ex Japan ETF 13.0 19 10 7.2 +1.0
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 12.9 18 11 7.9 +1.7
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 12.8 30 -1 7.5 +1.3
EMXF iShares ESG Advanced MSCI EM ETF 12.6 16 13 7.4 +1.3
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 12.6 25 4 7.0 +0.9
AAXJ iShares MSCI All Country Asia ex Japan ETF 12.6 70 -41 6.3 +0.1
EWT iShares MSCI Taiwan ETF 12.2 58 -29 5.7 -0.4
DFEV Dimensional Emerging Markets Value ETF 12.1 43 -14 10.9 +4.7
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 11.7 41 -12 7.8 +1.6
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 11.6 90 -61 7.0 +0.8
DFEM Dimensional Emerging Markets Core Equity 2 ETF 11.5 38 -9 8.2 +2.1
LDEM iShares ESG MSCI EM Leaders ETF 11.3 17 12 7.7 +1.6
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 11.3 15 14 7.1 +0.9
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 11.3 33 -4 7.2 +1.0
EYLD Cambria Emerging Shareholder Yield ETF 11.2 66 -37 12.1 +5.9
RNEM First Trust Emerging Markets Equity Select ETF 11.2 75 -46 8.2 +2.1
ESGE iShares ESG Aware MSCI EM ETF 10.9 25 4 7.7 +1.5
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 10.9 40 -11 7.1 +1.0
INCO Columbia India Consumer ETF 10.4 75 -46 1.6 -4.5
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 9.7 59 -30 9.6 +3.4
MINV Matthews Asia Innovators Active ETF 9.7 79 -50 2.8 -3.3
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 9.5 20 9 7.5 +1.3
FLLA Franklin FTSE Latin America ETF 9.2 19 10 11.7 +5.5
ECOW Pacer Emerging Markets Cash Cows 100 ETF 8.9 70 -41 11.4 +5.2
EDIV SPDR S&P Emerging Markets Dividend ETF 8.5 49 -20 10.9 +4.7
RODE Hartford Multifactor Diversified International ETF 8.4 29 0 11.5 +5.4
SDEM Global X MSCI SuperDividend Emerging Markets ETF 7.9 67 -38 17.5 +11.3
FLN First Trust Latin America AlphaDEX Fund 7.6 80 -51 11.1 +4.9
IQDE FlexShares International Quality Dividend Defensive Index ET 7.3 47 -18 10.7 +4.5
EWZ iShares MSCI Brazil ETF 7.2 58 -29 11.9 +5.7
FLBR Franklin FTSE Brazil ETF 7.2 19 10 12.4 +6.2
DGIN VanEck Digital India ETF 7.2 71 -42 1.6 -4.6
DVYE iShares Emerging Markets Dividend ETF 6.9 49 -20 16.6 +10.4
GLIN VanEck India Growth Leaders ETF 6.3 77 -48 5.3 -0.9
FRDM Freedom 100 Emerging Markets ETF 6.3 49 -20 7.3 +1.2
EEMS iShares MSCI Emerging Markets Small Cap ETF 6.3 70 -41 7.2 +1.1
IQDF FlexShares International Quality Dividend Index Fund 6.2 47 -18 10.7 +4.5
VIDI Vident International Equity Strategy ETF 6.2 61 -32 11.9 +5.8
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 6.1 20 9 10.7 +4.5
FBZ First Trust Brazil AlphaDEX Fund 5.9 80 -51 11.9 +5.8
IQDY FlexShares International Quality Dividend Dynamic Index Fund 5.9 47 -18 10.3 +4.1
SCHY Schwab International Dividend Equity ETF 5.6 14 15 9.3 +3.1
ECON Columbia Emerging Markets Consumer ETF 5.4 49 -20 4.8 -1.4
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 5.0 58 -29 10.1 +4.0
VYMI Vanguard International High Dividend Yield ETF 4.9 22 7 9.7 +3.5
AIA iShares Asia 50 ETF 4.6 50 -21 6.9 +0.7
FILL iShares MSCI Global Energy Producers ETF 4.3 39 -10 9.0 +2.8
MEM Matthews Emerging Markets Equity Active ETF 4.3 79 -50 5.7 -0.4
CGXU Capital Group International Focus Equity ETF 4.2 54 -25 4.1 -2.0
DFAX Dimensional World ex U.S. Core Equity 2 ETF 4.2 30 -1 7.8 +1.6
EEMD AAM S&P Emerging Markets High Dividend Value ETF 4.2 49 -20 19.0 +12.8
TUR iShares MSCI Turkey ETF 4.1 58 -29 18.6 +12.5
ACWX iShares MSCI ACWI ex U.S. ETF 4.1 34 -5 6.7 +0.5
VEU Vanguard FTSE All-World ex-US Index Fund 4.0 8 21 7.2 +1.0
VXUS Vanguard Total International Stock ETF 4.0 7 22 7.1 +1.0
IXUS iShares Core MSCI Total International Stock ETF 4.0 7 22 6.9 +0.7
ACWV iShares MSCI Global Min Vol Factor ETF 3.9 20 9 6.7 +0.5
ILF iShares Latin America 40 ETF 3.9 48 -19 10.3 +4.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 3.8 41 -12 6.7 +0.5
VSGX Vanguard ESG International Stock ETF 3.7 12 17 6.8 +0.7
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 3.7 60 -31 10.0 +3.9
EELV Invesco S&P Emerging Markets Low Volatility ETF 3.6 29 0 8.3 +2.1
GLOF iShares Global Equity Factor ETF 3.6 20 9 7.1 +0.9
DEW WisdomTree Global High Dividend Fund 3.6 58 -29 9.1 +2.9
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 3.5 86 -57 1.9 -4.2
WWJD Inspire International ETF 3.4 80 -51 7.1 +1.0
EWY iShares MSCI South Korea ETF 3.4 58 -29 8.5 +2.3
CWI SPDR MSCI ACWI ex-US ETF 3.4 30 -1 6.8 +0.6
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 3.2 86 -57 1.9 -4.2
NXTG First Trust Indxx NextG ETF 3.1 70 -41 6.0 -0.2
INDF Nifty India Financials ETF 3.1 75 -46 6.0 -0.2
IDAT iShares Future Cloud 5G and Tech ETF 3.0 47 -18 4.5 -1.6
BRAZ Global X Brazil Active ETF 3.0 75 -46 10.3 +4.1
QTUM Defiance Quantum ETF 3.0 40 -11 3.9 -2.3
BTEK Future Tech ETF 2.8 88 -59 2.1 -4.1
GGME Invesco Next Gen Media and Gaming ETF 2.8 60 -31 4.1 -2.1
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 2.8 42 -13 6.8 +0.6
FLKR Franklin FTSE South Korea ETF 2.6 9 20 9.4 +3.2
FPXI First Trust International Equity Opportunities ETF 2.6 70 -41 3.6 -2.5
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 2.6 7 22 6.5 +0.3
GTEK Goldman Sachs Future Tech Leaders Equity ETF 2.5 75 -46 3.2 -3.0
TTAI FCF International Quality ETF 2.5 59 -30 7.4 +1.2
EPOL iShares MSCI Poland ETF 2.3 59 -30 10.5 +4.4
IDX VanEck Indonesia Index ETF 2.3 57 -28 7.9 +1.7
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 2.2 68 -39 8.8 +2.6
ASEA Global X FTSE Southeast Asia ETF 2.1 65 -36 6.5 +0.3
EIDO iShares MSCI Indonesia ETF 2.1 59 -30 7.6 +1.4
EDOG ALPS Emerging Sector Dividend Dogs ETF 2.1 60 -31 14.7 +8.5
DSTX Distillate International Fundamental Stability & Value ETF 2.1 55 -26 8.0 +1.9
CHAT Roundhill Generative AI & Technology ETF 2.1 75 -46 4.2 -1.9
QINT American Century Quality Diversified International ETF 2.1 39 -10 7.4 +1.3
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 2.1 80 -51 5.6 -0.5
IWTR iShares MSCI Water Management Multisector ETF 2.0 47 -18 4.8 -1.3
INQQ India Internet & Ecommerce ETF 2.0 86 -57 10.8 +4.6
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 2.0 80 -51 10.0 +3.8
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 1.9 60 -31 0.9 -5.2
CBSE Clough Select Equity ETF 1.8 85 -56 -2.3 -8.4
SNSR Global X Internet of Things ETF 1.8 68 -39 4.3 -1.9
BLES Inspire Global Hope ETF 1.8 61 -32 6.3 +0.2
GVAL Cambria Global Value ETF 1.7 68 -39 12.3 +6.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.7 20 9 5.6 -0.6
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.6 12 17 5.1 -1.1
FLMX Franklin FTSE Mexico ETF 1.6 19 10 10.8 +4.6
EWW iShares MSCI Mexico ETF 1.6 50 -21 9.7 +3.5
TIME Clockwise Core Equity & Innovation ETF 1.5 95 -66 2.0 -4.2
BPAY BlackRock Future Financial and Technology ETF 1.5 70 -41 8.3 +2.1
FXO First Trust Financials AlphaDEX Fund 1.5 62 -33 9.2 +3.1
EMFQ Amplify Emerging Markets FinTech ETF 1.5 69 -40 5.4 -0.7
LOUP Innovator Deepwater Frontier Tech ETF 1.5 70 -41 2.3 -3.9
SFYF SoFi Social 50 ETF 1.5 29 0 -2.6 -8.8
ARKF ARK Fintech Innovation ETF 1.5 75 -46 -2.2 -8.4
AOTG AOT Growth and Innovation ETF 1.5 75 -46 3.0 -3.1
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 1.5 68 -39 5.3 -0.9
BLOK Amplify Transformational Data Sharing ETF 1.5 75 -46 1.1 -5.0
IPO Renaissance IPO ETF 1.5 60 -31 -3.2 -9.4
VT Vanguard Total World Stock ETF 1.5 7 22 5.8 -0.3
ICOW Pacer Developed Markets International Cash Cows 100 ETF 1.5 65 -36 12.8 +6.6
BITQ Bitwise Crypto Industry Innovators ETF 1.5 85 -56 -4.7 -10.9
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 1.5 47 -18 0.7 -5.5
ACWI iShares MSCI ACWI ETF 1.5 32 -3 5.5 -0.7
EWX SPDR S&P Emerging Markets Small Cap ETF 1.5 65 -36 7.7 +1.5
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.4 12 17 8.7 +2.6
OND ProShares On-Demand ETF 1.4 58 -29 -2.5 -8.6
IWFH iShares Virtual Work and Life Multisector ETF 1.4 47 -18 -3.5 -9.6
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.4 80 -51 10.8 +4.6
SMIN iShares MSCI India Small Cap ETF 1.3 79 -50 4.3 -1.9
UIVM VictoryShares International Value Momentum ETF 1.3 35 -6 10.7 +4.5
FLSA Franklin FTSE Saudi Arabia ETF 1.2 39 -10 5.7 -0.4
KSA iShares MSCI Saudi Arabia ETF 1.2 74 -45 5.6 -0.6
IGRO iShares International Dividend Growth ETF 1.2 15 14 7.1 +0.9
DGT SPDR Global Dow ETF 1.2 50 -21 6.7 +0.5
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 1.2 47 -18 5.9 -0.2
DRIV Global X Autonomous & Electric Vehicles ETF 1.2 68 -39 3.4 -2.8
MOTO SmartETFs Smart Transportation & Technology ETF 1.2 68 -39 6.6 +0.4
FTRI First Trust Indxx Global Natural Resources Income ETF 1.1 70 -41 10.6 +4.5
JSTC Adasina Social Justice All Cap Global ETF 1.1 89 -60 4.8 -1.4
IMFL Invesco International Developed Dynamic Multifactor ETF 1.1 34 -5 10.6 +4.5
CID VictoryShares International High Div Volatility Wtd ETF 1.1 45 -16 9.5 +3.3
WRND IQ Global Equity R&D Leaders ETF 1.1 18 11 7.2 +1.0
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.1 46 -17 8.8 +2.6
WTAI WisdomTree Artificial Intelligence and Innovation Fund 1.0 45 -16 1.4 -4.8
GREK Global X MSCI Greece ETF 1.0 57 -28 -1.6 -7.7
JIG JPMorgan International Growth ETF 1.0 55 -26 4.3 -1.9
MOTI VanEck Morningstar International Moat ETF 1.0 58 -29 6.9 +0.8
JCHI JPMorgan Active China ETF 1.0 65 -36 7.9 +1.8
FCA First Trust China AlphaDEX Fund 1.0 80 -51 17.6 +11.5
FXI iShares China Large-Cap ETF 1.0 74 -45 9.6 +3.4
MCHI iShares MSCI China ETF 1.0 59 -30 8.9 +2.8
MCH Matthews China Active ETF 1.0 79 -50 6.1 -0.1
ICLN iShares Global Clean Energy ETF 1.0 41 -12 4.3 -1.9
ADIV SmartETFs Asia Pacific Dividend Builder ETF 1.0 78 -49 8.8 +2.7
SDIV Global X Superdividend ETF 1.0 58 -29 17.6 +11.5
ANEW ProShares MSCI Transformational Changes ETF 0.9 45 -16 3.3 -2.8
ARKW ARK Next Generation Internet ETF 0.9 87 -58 -2.9 -9.1
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.9 45 -16 6.2 +0.1
JOET Virtus Terranova US Quality Momentum ETF 0.9 29 0 5.2 -1.0
JPIN J.P. Morgan Diversified Return International Equity ETF 0.9 37 -8 8.7 +2.5
GXC SPDR S&P China ETF 0.9 59 -30 9.0 +2.9
FLCH Franklin FTSE China ETF 0.8 19 10 9.6 +3.4
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.8 80 -51 14.2 +8.0
FEP First Trust Europe AlphaDEX Fund 0.8 80 -51 8.6 +2.5
FEUZ First Trust Eurozone AlphaDEX ETF 0.8 80 -51 8.3 +2.2
FNDC Schwab Fundamental International Small Co. Index ETF 0.8 39 -10 6.9 +0.7
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.8 10 19 8.2 +2.0
CGV Conductor Global Equity Value ETF 0.8 130 -101 11.3 +5.2
VIGI Vanguard International Dividend Appreciation ETF 0.8 15 14 5.6 -0.6
UAE iShares MSCI UAE ETF 0.8 59 -30 9.0 +2.8
KALL KraneShares MSCI All China Index ETF 0.7 49 -20 9.4 +3.2
IGPT Invesco AI and Next Gen Software ETF 0.7 60 -31 3.8 -2.4
IXC iShares Global Energy ETF 0.7 44 -15 8.2 +2.1
VPL Vanguard FTSE Pacific ETF 0.7 8 21 7.0 +0.8
VEGI iShares MSCI Agriculture Producers ETF 0.7 39 -10 9.2 +3.1
AIQ Global X Artificial Intelligence & Technology ETF 0.7 68 -39 4.2 -2.0
GINN Goldman Sachs Innovate Equity ETF 0.7 52 -23 2.7 -3.5
JETS U.S. Global Jets ETF 0.6 60 -31 -15.6 -21.8
EWM iShares MSCI Malaysia ETF 0.6 50 -21 5.7 -0.5
GDVD R3 Global Dividend Growth ETF 0.6 88 -59 5.8 -0.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.6 9 20 5.7 -0.4
CLNR IQ Cleaner Transport ETF 0.6 45 -16 8.3 +2.1
DWX SPDR S&P International Dividend ETF 0.6 45 -16 7.1 +0.9
KXI iShares Global Consumer Staples ETF 0.6 41 -12 5.6 -0.6
IDHQ Invesco S&P International Developed High Quality ETF 0.5 29 0 5.8 -0.4
CN Xtrackers MSCI All China Equity ETF 0.5 50 -21 8.7 +2.5
OBOR KraneShares MSCI One Belt One Road Index ETF 0.5 79 -50 10.3 +4.2
IWP iShares Russell Mid-Cap Growth ETF 0.5 23 6 3.8 -2.3
SUPL ProShares Supply Chain Logistics ETF 0.5 58 -29 13.1 +6.9
XT iShares Exponential Technologies ETF 0.5 46 -17 3.9 -2.3
CARZ First Trust NASDAQ Global Auto Index Fund 0.5 70 -41 3.5 -2.7
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.5 49 -20 6.7 +0.5
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.5 24 5 8.6 +2.4
IYF iShares U.S. Financials ETF 0.5 40 -11 6.3 +0.1
IXN iShares Global Tech ETF 0.5 41 -12 4.3 -1.8
HFXI IQ FTSE International Equity Currency Neutral ETF 0.5 20 9 6.8 +0.6
JRNY ALPS Global Travel Beneficiaries ETF 0.5 65 -36 0.0 -6.2
GCOW Pacer Global Cash Cows Dividend ETF 0.5 60 -31 13.6 +7.5
SAGP Strategas Global Policy Opportunities ETF 0.5 65 -36 4.5 -1.7
IHAK iShares Cybersecurity & Tech ETF 0.5 47 -18 3.2 -3.0
TPIF Timothy Plan International ETF 0.4 62 -33 6.7 +0.6
SCHF Schwab International Equity ETF 0.4 6 23 7.0 +0.8
IXG iShares Global Financials ETF 0.4 42 -13 6.8 +0.7
RXI iShares Global Consumer Discretionary ETF 0.4 41 -12 5.5 -0.6
VEA Vanguard FTSE Developed Markets ETF 0.4 5 24 7.0 +0.8
SHLD Global X Defense Tech ETF 0.4 50 -21 4.8 -1.3
ECH iShares MSCI Chile ETF 0.4 58 -29 10.7 +4.6
FNDF Schwab Fundamental International Large Co. Index ETF 0.3 25 4 9.1 +2.9
JMOM JPMorgan U.S. Momentum Factor ETF 0.3 12 17 4.8 -1.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.3 45 -16 8.5 +2.3
FM iShares Frontier and Select EM ETF 0.3 80 -51 9.5 +3.4
SPEU SPDR Portfolio Europe ETF 0.3 7 22 6.6 +0.4
VGK Vanguard FTSE Europe ETF 0.3 11 18 6.8 +0.6
BBEU JPMorgan BetaBuilders Europe ETF 0.3 9 20 6.7 +0.5
FLEE Franklin FTSE Europe ETF 0.3 9 20 6.8 +0.7
IQSI IQ Candriam International Equity ETF 0.3 15 14 6.4 +0.2
NERD Roundhill Video Games ETF 0.3 50 -21 8.0 +1.9
HERO Global X Video Games & Esports ETF 0.3 50 -21 5.1 -1.1
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.3 75 -46 5.2 -1.0
CRAK VanEck Oil Refiners ETF 0.3 61 -32 13.1 +6.9
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 0.3 51 -22 6.8 +0.6
CIL VictoryShares International Volatility Wtd ETF 0.3 45 -16 6.9 +0.7
SPDW SPDR Portfolio Developed World ex-US ETF 0.3 3 26 6.9 +0.7
IBUY Amplify Online Retail ETF 0.3 65 -36 1.8 -4.4
AFK VanEck Africa Index ETF 0.3 98 -69 10.0 +3.9
PEJ Invesco Leisure and Entertainment ETF 0.3 58 -29 0.4 -5.7
AWAY ETFMG Travel Tech ETF 0.3 76 -47 -4.1 -10.3
BUYZ Franklin Disruptive Commerce ETF 0.3 50 -21 2.1 -4.1
KNCT Invesco Next Gen Connectivity ETF 0.2 40 -11 5.9 -0.3
PICK iShares MSCI Global Metals & Mining Producers ETF 0.2 39 -10 11.0 +4.8
IWR iShares Russell Midcap ETF 0.2 19 10 5.7 -0.5
SCHC Schwab International Small-Cap Equity ETF 0.2 11 18 6.4 +0.3
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.2 39 -10 4.5 -1.6
KOMP SPDR S&P Kensho New Economies Composite ETF 0.2 20 9 2.1 -4.1
VFMO Vanguard U.S. Momentum Factor ETF 0.2 13 16 2.8 -3.4
GSID Goldman Sachs MarketBeta International Equity ETF 0.2 20 9 6.7 +0.5
RFEU First Trust Riverfront Dynamic Europe ETF 0.2 83 -54 8.7 +2.6
BKIE BNY Mellon International Equity ETF 0.2 4 25 6.9 +0.7
LRGF iShares U.S. Equity Factor ETF 0.2 8 21 5.8 -0.3
IEUS iShares MSCI Europe Small-Cap ETF 0.2 42 -13 0.0 -6.2
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.2 70 -41 4.6 -1.6
IPOS Renaissance International IPO ETF 0.2 80 -51 -168.9 -175.0
EWN iShares MSCI Netherlands ETF 0.2 50 -21 4.7 -1.5
ROBO ROBO Global Robotics & Automation Index ETF 0.2 95 -66 2.8 -3.3
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.2 45 -16 4.9 -1.3
SMOG VanEck Low Carbon Energy ETF 0.2 61 -32 3.0 -3.1
CTEC Global X CleanTech ETF 0.2 50 -21 1.0 -5.2
BATT Amplify Lithium & Battery Technology ETF 0.2 59 -30 2.9 -3.3
PNQI Invesco NASDAQ Internet ETF 0.2 60 -31 2.6 -3.6
PBD Invesco Global Clean Energy ETF 0.1 75 -46 -3.9 -10.0
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.1 39 -10 7.3 +1.2
ISCF iShares International SmallCap Equity Factor ETF 0.1 23 6 8.8 +2.6
SCZ iShares MSCI EAFE Small-Cap ETF 0.1 40 -11 0.0 -6.2
DIVI Franklin International Core Dividend Tilt Index ETF 0.1 9 20 8.0 +1.9
SMLF iShares U.S. SmallCap Equity Factor ETF 0.1 15 14 5.8 -0.4
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.1 32 -3 5.2 -1.0
GLIF AGF Global Infrastructure ETF 0.1 45 -16 5.5 -0.7
RVRB Reverb ETF 0.1 30 -1 5.0 -1.2
ESGG FlexShares STOXX Global ESG Select Index Fund 0.1 42 -13 5.1 -1.0
IWS iShares Russell Mid-Cap Value ETF 0.1 23 6 6.6 +0.4
DFIS Dimensional International Small Cap ETF 0.1 39 -10 6.7 +0.6
IWF iShares Russell 1000 Growth ETF 0.1 19 10 4.7 -1.5
VONG Vanguard Russell 1000 Growth ETF 0.1 8 21 4.8 -1.3
FTAG First Trust Indxx Global Agriculture ETF 0.1 70 -41 9.1 +3.0
DIHP Dimensional International High Profitability ETF 0.1 29 0 6.9 +0.7
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 20 5.1 -1.1
EQAL Invesco Russell 1000 Equal Weight ETF 0.1 20 9 6.0 -0.2
AVIV Avantis International Large Cap Value ETF 0.1 25 4 8.9 +2.7
FLEU Franklin FTSE Eurozone ETF 0.1 9 20 6.7 +0.5
IWB iShares Russell 1000 ETF 0.1 15 14 5.1 -1.0
SDG iShares MSCI Global Sustainable Development Goals ETF 0.1 49 -20 5.8 -0.4
VONE Vanguard Russell 1000 ETF 0.1 8 21 5.2 -0.9
DFSI Dimensional International Sustainability Core 1 ETF 0.1 24 5 6.2 +0.1
IWV iShares Russell 3000 ETF 0.1 20 9 5.0 -1.2
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.1 45 -16 6.2 +0.1
VTHR Vanguard Russell 3000 ETF 0.1 10 19 5.1 -1.1
AVUS Avantis U.S. Equity ETF 0.0 15 14 6.0 -0.1
DFIC Dimensional International Core Equity 2 ETF 0.0 23 6 7.4 +1.3
IWD iShares Russell 1000 Value ETF 0.0 19 10 6.6 +0.4
VONV Vanguard Russell 1000 Value ETF 0.0 8 21 6.7 +0.6
IEUR iShares Core MSCI Europe ETF 0.0 11 18 -1.3 -7.5
AVDE Avantis International Equity ETF 0.0 23 6 7.9 +1.7
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.0 14 15 5.4 -0.8
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 8 3.9 -2.3
IEFA iShares Core MSCI EAFE ETF 0.0 7 22 2.7 -3.5
DFAI Dimensional International Core Equity Market ETF 0.0 18 11 6.9 +0.7
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 25 6.7 +0.5
ONEO SPDR Russell 1000 Momentum Focus ETF 0.0 20 9 7.1 +1.0

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 15.2 %
Divided by: Fwd. P/BV 2.4 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		 1.43 CATEGORY
AVERAGE		 1.39
 
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.