First Trust Bloomberg Emerging Market Democracies ETF
ALTAR
Score™		 9.6% info Recommen-
dation		 OVERWEIGHT
2024E    2025E
P/E
ratio		 8.9x P/Sales
ratio		 1.2x
P/BV
ratio		 1.5x Div.
yield		 3.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
EMDM follows a principles-based index of large- and mid-cap companies located in emerging market countries considered to have electoral democracy. Holdings are weighted based on a combination of governance score and market capitalization.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor First Trust
Website www.ftportfolios.com/Retail/Etf/EtfSummary.aspx?Ticker=EMDM
Inception date Mar 02, 2023
Assets (mns) $7
Currency USD
Expense ratio 75 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 104
Wgt avg mkt cap (mns) $141,726
Large cap (>$10bn) 92.7%
Mid cap ($2-10bn) 3.9%
Small cap (<$2bn) 0.0%
Developed mkts 0.0%
Emerging mkts 100.0%

TOP TEN HOLDINGS
TAIWAN SEMICONDUCTOR MANUFAC 9.1 %
SAMSUNG ELECTRONICS CO LTD 7.4 %
NASPERS LTD-N SHS 5.7 %
PETROBRAS - PETROLEO BRAS-PR 3.6 %
GRUPO MEXICO S.A.B. DE C.V. CLASS 3.6 %
FIRSTRAND LTD 3.3 %
PKO BANK POLSKI SA 2.9 %
GRUPO FINANCIERO BANORTE-O 2.8 %
STANDARD BANK GROUP LTD 2.5 %
FOMENTO ECONOMICO MEXICANO SAB DE 2.4 %
Total 43.2 %

TOP COUNTRY EXPOSURE
INDIA 14.6 %
MEXICO 14.1 %
TAIWAN 13.9 %
BRAZIL 13.6 %
SOUTH KOREA 13.4 %
SOUTH AFRICA 13.4 %
POLAND 7.2 %
HUNGARY 1.8 %
PHILIPPINES 1.6 %


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.
0.7% -- -- -- 15.8%

Market Correlations
versus... Beta R-squared
S&P500 -- --
MSCI EAFE -- --
MSCI Emg. Mkts. -- --

Technical Indicators
Recent close $22.39
30d moving avg. $21.14
Annualized volatility 0.0%
Short interest (ETF) 0.0%
Relative strength (RSI) 71

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.3%
Bid/Ask (% of price) 0.31%
ADV underlying (mns) $10,136

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 279 potential alternatives to the First Trust Bloomberg Emerging Market Democracies ETF ETF based on the alternatives' overlap in portfolio holdings with EMDM. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EMDM Expense: 75 bp ALTAR Score™: 9.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EMDM
Ticker Fund
Name		 Overlap1
vs EMDM
(%)		 Expense
ratio
(bp)		 Savings
vs EMDM
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EMDM
(%)
STXE Strive Emerging Markets Ex-China ETF 50.4 32 43 6.9 -2.7
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 46.1 24 51 7.1 -2.4
EMXC iShares MSCI Emerging Markets ex China ETF 44.1 25 50 6.7 -2.9
XC WisdomTree Emerging Markets Ex-China Fund 40.9 32 43 6.2 -3.4
XCEM Columbia EM Core ex-China ETF 37.4 16 59 7.4 -2.2
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 37.2 30 45 7.5 -2.0
EEMA iShares MSCI Emerging Markets Asia ETF 36.4 49 26 6.7 -2.8
EEM iShares MSCI Emerging Markets ETF 36.3 69 6 7.0 -2.6
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 35.9 66 9 7.2 -2.3
BKEM BNY Mellon Emerging Markets Equity ETF 35.6 11 64 7.7 -1.8
JHEM John Hancock Multifactor Emerging Markets ETF 35.5 49 26 8.4 -1.2
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 35.5 36 39 7.5 -2.1
AAXJ iShares MSCI All Country Asia ex Japan ETF 35.0 70 5 6.4 -3.2
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 34.9 15 60 7.1 -2.5
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 33.2 32 43 6.3 -3.3
FLAX Franklin FTSE Asia Ex Japan ETF 32.5 19 56 7.2 -2.3
ESGE iShares ESG Aware MSCI EM ETF 31.7 25 50 7.7 -1.9
IEMG iShares Core MSCI Emerging Markets ETF 31.0 9 66 7.6 -2.0
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 30.7 33 42 7.2 -2.4
EMGF iShares Emerging Markets Equity Factor ETF 29.6 25 50 8.7 -0.9
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 29.5 45 30 8.6 -0.9
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 28.8 18 57 7.9 -1.7
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 28.5 32 43 7.6 -2.0
SCHE Schwab Emerging Markets Equity ETF 28.1 11 64 7.6 -1.9
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 27.7 20 55 7.5 -2.1
DFAE Dimensional Emerging Core Equity Market ETF 27.4 35 40 7.8 -1.8
PXH Invesco FTSE RAFI Emerging Markets ETF 26.4 49 26 12.5 +3.0
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 26.0 88 -13 6.2 -3.3
VWO Vanguard FTSE Emerging Markets ETF 25.1 8 67 7.6 -1.9
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 25.1 39 36 12.7 +3.1
AIA iShares Asia 50 ETF 24.8 50 25 7.0 -2.6
FLLA Franklin FTSE Latin America ETF 24.8 19 56 11.5 +2.0
EMXF iShares ESG Advanced MSCI EM ETF 24.4 16 59 7.5 -2.1
NUEM Nuveen ESG Emerging Markets Equity ETF 23.9 36 39 6.8 -2.7
LDEM iShares ESG MSCI EM Leaders ETF 23.2 17 58 7.8 -1.8
FRDM Freedom 100 Emerging Markets ETF 23.1 49 26 7.3 -2.3
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 23.0 95 -20 11.5 +1.9
DEHP Dimensional Emerging Markets High Profitability ETF 22.2 41 34 7.3 -2.2
EMMF WisdomTree Emerging Markets Multifactor Fund 22.1 48 27 9.4 -0.2
SPEM SPDR Portfolio Emerging Markets ETF 21.2 7 68 7.5 -2.0
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 20.9 50 25 10.6 +1.0
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 20.7 59 16 9.6 +0.1
MINV Matthews Asia Innovators Active ETF 20.7 79 -4 2.9 -6.7
DFEM Dimensional Emerging Markets Core Equity 2 ETF 20.7 38 37 8.3 -1.3
RNEM First Trust Emerging Markets Equity Select ETF 20.1 75 0 8.3 -1.3
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 19.4 30 45 8.6 -1.0
BKF iShares MSCI BIC ETF 18.7 69 6 7.2 -2.4
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 18.1 40 35 7.1 -2.4
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 17.6 41 34 7.9 -1.7
ROAM Hartford Multifactor Emerging Markets ETF 17.0 44 31 11.8 +2.2
KNCT Invesco Next Gen Connectivity ETF 16.2 40 35 5.9 -3.7
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 15.6 44 31 10.3 +0.8
DFEV Dimensional Emerging Markets Value ETF 15.2 43 32 11.0 +1.4
FLN First Trust Latin America AlphaDEX Fund 15.1 80 -5 10.9 +1.4
EMC Global X Emerging Markets Great Consumer ETF 14.9 75 0 4.9 -4.7
GMF SPDR S&P Emerging Asia Pacific ETF 14.5 49 26 6.4 -3.1
FLIN Franklin FTSE India ETF 14.2 19 56 5.2 -4.3
FLMX Franklin FTSE Mexico ETF 14.1 19 56 10.7 +1.1
INDA iShares MSCI India ETF 14.1 65 10 3.7 -5.9
EEMO Invesco S&P Emerging Markets Momentum ETF 14.0 29 46 6.2 -3.3
NFTY First Trust India NIFTY 50 Equal Weight ETF 13.9 80 -5 6.2 -3.4
EWT iShares MSCI Taiwan ETF 13.9 58 17 5.8 -3.8
FLTW Franklin FTSE Taiwan ETF 13.9 19 56 6.0 -3.5
ILF iShares Latin America 40 ETF 13.7 48 27 10.2 +0.6
EPI WisdomTree India Earnings Fund 13.5 85 -10 6.7 -2.9
EWY iShares MSCI South Korea ETF 13.4 58 17 8.5 -1.1
FLKR Franklin FTSE South Korea ETF 13.4 9 66 9.3 -0.2
INDY iShares India 50 ETF 13.4 89 -14 3.7 -5.8
DEM WisdomTree Emerging Markets High Dividend Fund 12.6 63 12 12.9 +3.4
MEM Matthews Emerging Markets Equity Active ETF 12.6 79 -4 5.8 -3.8
EWZ iShares MSCI Brazil ETF 12.5 58 17 11.7 +2.2
PIN Invesco India ETF 12.4 78 -3 3.8 -5.8
FLBR Franklin FTSE Brazil ETF 12.3 19 56 12.3 +2.7
AVEM Avantis Emerging Markets Equity ETF 12.2 33 42 9.2 -0.4
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 12.0 42 33 6.8 -2.8
EWW iShares MSCI Mexico ETF 11.7 50 25 9.6 0.0
FDEM Fidelity Emerging Markets Multifactor ETF 11.6 25 50 12.0 +2.5
FBZ First Trust Brazil AlphaDEX Fund 11.5 80 -5 11.7 +2.1
EMM Global X Emerging Markets ex-China ETF 11.4 75 0 3.7 -5.9
FEM First Trust Emerging Markets AlphaDEX Fund 10.7 80 -5 16.4 +6.9
ACWX iShares MSCI ACWI ex U.S. ETF 10.2 34 41 6.7 -2.9
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 9.9 41 34 6.6 -2.9
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 9.8 25 50 7.0 -2.5
DINT Davis Select International ETF 9.8 55 20 4.8 -4.8
VSGX Vanguard ESG International Stock ETF 9.8 12 63 6.8 -2.8
IWTR iShares MSCI Water Management Multisector ETF 9.3 47 28 4.8 -4.7
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 9.1 60 15 1.0 -8.6
IXUS iShares Core MSCI Total International Stock ETF 8.8 7 68 6.9 -2.7
VXUS Vanguard Total International Stock ETF 8.7 7 68 7.1 -2.5
AFK VanEck Africa Index ETF 8.7 98 -23 9.9 +0.4
AVES Avantis Emerging Markets Value ETF 8.4 36 39 12.2 +2.6
VEU Vanguard FTSE All-World ex-US Index Fund 8.2 8 67 7.2 -2.4
IXN iShares Global Tech ETF 8.0 41 34 4.3 -5.2
EZA iShares MSCI South Africa ETF 7.7 58 17 11.4 +1.9
CGXU Capital Group International Focus Equity ETF 7.5 54 21 4.1 -5.5
VPL Vanguard FTSE Pacific ETF 7.2 8 67 6.9 -2.7
EPOL iShares MSCI Poland ETF 7.2 59 16 10.4 +0.8
EDOG ALPS Emerging Sector Dividend Dogs ETF 7.1 60 15 14.7 +5.2
EELV Invesco S&P Emerging Markets Low Volatility ETF 6.4 29 46 8.2 -1.3
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 6.3 20 55 10.7 +1.2
NDIA Global X India Active ETF 6.3 75 0 6.5 -3.1
DVYE iShares Emerging Markets Dividend ETF 6.3 49 26 16.6 +7.0
VYMI Vanguard International High Dividend Yield ETF 6.2 22 53 9.7 +0.1
CARZ First Trust NASDAQ Global Auto Index Fund 6.2 70 5 3.5 -6.1
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 6.0 86 -11 2.0 -7.6
WWJD Inspire International ETF 5.8 80 -5 7.1 -2.5
GGME Invesco Next Gen Media and Gaming ETF 5.8 60 15 4.0 -5.5
GVAL Cambria Global Value ETF 5.7 68 7 12.3 +2.7
WRND IQ Global Equity R&D Leaders ETF 5.5 18 57 7.1 -2.4
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 5.4 90 -15 6.9 -2.6
DWLD Davis Select Worldwide ETF 5.3 63 12 5.6 -4.0
ECON Columbia Emerging Markets Consumer ETF 5.2 49 26 4.8 -4.8
SDEM Global X MSCI SuperDividend Emerging Markets ETF 5.2 67 8 17.4 +7.9
DFAX Dimensional World ex U.S. Core Equity 2 ETF 5.1 30 45 7.8 -1.8
INDF Nifty India Financials ETF 5.1 75 0 6.0 -3.6
CWI SPDR MSCI ACWI ex-US ETF 5.0 30 45 6.8 -2.8
CHAT Roundhill Generative AI & Technology ETF 5.0 75 0 4.2 -5.3
VIDI Vident International Equity Strategy ETF 5.0 61 14 11.9 +2.4
IQDF FlexShares International Quality Dividend Index Fund 5.0 47 28 10.7 +1.1
NXTG First Trust Indxx NextG ETF 5.0 70 5 6.0 -3.5
FMET Fidelity Metaverse ETF 4.8 39 36 4.3 -5.2
GBUY Goldman Sachs Future Consumer Equity ETF 4.8 75 0 3.1 -6.5
UEVM VictoryShares Emerging Markets Value Momentum ETF 4.7 45 30 12.8 +3.3
DSTX Distillate International Fundamental Stability & Value ETF 4.7 55 20 8.0 -1.6
IQDY FlexShares International Quality Dividend Dynamic Index Fund 4.7 47 28 10.2 +0.7
UMMA Wahed Dow Jones Islamic World ETF 4.5 65 10 4.3 -5.3
AIQ Global X Artificial Intelligence & Technology ETF 4.4 68 7 4.1 -5.4
FNDF Schwab Fundamental International Large Co. Index ETF 4.2 25 50 9.0 -0.5
PICK iShares MSCI Global Metals & Mining Producers ETF 4.1 39 36 11.1 +1.6
RODE Hartford Multifactor Diversified International ETF 3.9 29 46 11.5 +1.9
FDNI First Trust Dow Jones International Internet ETF 3.9 65 10 2.8 -6.8
DEW WisdomTree Global High Dividend Fund 3.9 58 17 9.0 -0.5
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 3.9 46 29 8.9 -0.7
ACWV iShares MSCI Global Min Vol Factor ETF 3.8 20 55 6.7 -2.9
ECOW Pacer Emerging Markets Cash Cows 100 ETF 3.8 70 5 11.4 +1.9
VIGI Vanguard International Dividend Appreciation ETF 3.8 15 60 5.5 -4.1
ACWI iShares MSCI ACWI ETF 3.8 32 43 5.4 -4.1
CLNR IQ Cleaner Transport ETF 3.6 45 30 8.3 -1.2
GMET VanEck Green Metals ETF 3.6 63 12 10.2 +0.6
MOTI VanEck Morningstar International Moat ETF 3.5 58 17 6.9 -2.7
XT iShares Exponential Technologies ETF 3.5 46 29 3.9 -5.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 3.5 20 55 5.6 -4.0
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 3.5 80 -5 9.9 +0.3
IQDE FlexShares International Quality Dividend Defensive Index ET 3.4 47 28 10.6 +1.1
HFXI IQ FTSE International Equity Currency Neutral ETF 3.4 20 55 6.8 -2.8
METV Roundhill Ball Metaverse ETF 3.3 59 16 3.3 -6.2
FILL iShares MSCI Global Energy Producers ETF 3.2 39 36 9.1 -0.5
VT Vanguard Total World Stock ETF 3.1 7 68 5.8 -3.8
LEGR First Trust Indxx Innovative Transaction & Process ETF 3.0 65 10 8.4 -1.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 3.0 45 30 8.4 -1.1
WTAI WisdomTree Artificial Intelligence and Innovation Fund 3.0 45 30 1.4 -8.2
EYLD Cambria Emerging Shareholder Yield ETF 3.0 66 9 12.2 +2.6
UIVM VictoryShares International Value Momentum ETF 3.0 35 40 10.6 +1.0
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 2.9 60 15 10.0 +0.5
SCHF Schwab International Equity ETF 2.9 6 69 7.0 -2.6
INCO Columbia India Consumer ETF 2.9 75 0 1.6 -7.9
BLES Inspire Global Hope ETF 2.9 61 14 6.3 -3.3
GLIN VanEck India Growth Leaders ETF 2.8 77 -2 5.4 -4.2
MOTG VanEck Morningstar Global Wide Moat ETF 2.8 52 23 5.8 -3.8
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 2.7 86 -11 1.9 -7.6
IGRO iShares International Dividend Growth ETF 2.7 15 60 7.0 -2.5
VEA Vanguard FTSE Developed Markets ETF 2.6 5 70 6.9 -2.6
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 2.6 12 63 5.0 -4.5
EDIV SPDR S&P Emerging Markets Dividend ETF 2.6 49 26 11.0 +1.5
EEMD AAM S&P Emerging Markets High Dividend Value ETF 2.5 49 26 19.0 +9.4
JSTC Adasina Social Justice All Cap Global ETF 2.4 89 -14 4.7 -4.8
BRAZ Global X Brazil Active ETF 2.4 75 0 10.1 +0.5
JPIN J.P. Morgan Diversified Return International Equity ETF 2.4 37 38 8.6 -0.9
GLOF iShares Global Equity Factor ETF 2.3 20 55 7.0 -2.5
TPIF Timothy Plan International ETF 2.3 62 13 6.7 -2.9
FDD First Trust Stoxx European Select Dividend Index Fund 2.2 58 17 12.8 +3.2
CRAK VanEck Oil Refiners ETF 2.2 61 14 12.8 +3.3
ICOW Pacer Developed Markets International Cash Cows 100 ETF 2.2 65 10 12.7 +3.2
INQQ India Internet & Ecommerce ETF 2.1 86 -11 10.8 +1.2
MXI iShares Global Materials ETF 2.1 41 34 6.7 -2.9
ISHP First Trust Nasdaq Retail ETF 2.0 60 15 3.1 -6.5
IPKW Invesco International BuyBack Achievers ETF 2.0 55 20 9.1 -0.5
IDOG ALPS International Sector Dividend Dogs ETF 2.0 50 25 11.5 +2.0
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.9 80 -5 10.7 +1.1
BNE Blue Horizon BNE ETF 1.9 87 -12 5.0 -4.6
DGT SPDR Global Dow ETF 1.9 50 25 6.6 -2.9
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 1.9 51 24 6.8 -2.8
CIL VictoryShares International Volatility Wtd ETF 1.9 45 30 6.8 -2.8
GTEK Goldman Sachs Future Tech Leaders Equity ETF 1.8 75 0 3.2 -6.4
BTEK Future Tech ETF 1.8 88 -13 2.1 -7.5
ANEW ProShares MSCI Transformational Changes ETF 1.8 45 30 3.3 -6.3
JIG JPMorgan International Growth ETF 1.6 55 20 4.3 -5.3
CGGO Capital Group Global Growth Equity ETF 1.6 47 28 4.3 -5.3
DGIN VanEck Digital India ETF 1.6 71 4 1.6 -8.0
EPHE iShares MSCI Philippines ETF 1.6 59 16 8.9 -0.7
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.5 61 14 -4.0 -13.5
SCHY Schwab International Dividend Equity ETF 1.5 14 61 9.2 -0.4
QINT American Century Quality Diversified International ETF 1.4 39 36 7.4 -2.2
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.4 45 30 4.8 -4.7
IGPT Invesco AI and Next Gen Software ETF 1.4 60 15 3.8 -5.8
LOUP Innovator Deepwater Frontier Tech ETF 1.4 70 5 2.3 -7.3
DRIV Global X Autonomous & Electric Vehicles ETF 1.4 68 7 3.4 -6.2
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.3 65 10 1.6 -8.0
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.3 24 51 8.5 -1.1
IXG iShares Global Financials ETF 1.3 42 33 6.8 -2.8
IMFL Invesco International Developed Dynamic Multifactor ETF 1.2 34 41 10.5 +1.0
TTAI FCF International Quality ETF 1.2 59 16 7.3 -2.3
IOO iShares Global 100 ETF 1.2 41 34 4.8 -4.8
SPDW SPDR Portfolio Developed World ex-US ETF 1.2 3 72 6.9 -2.7
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 1.1 45 30 6.3 -3.3
KXI iShares Global Consumer Staples ETF 1.1 41 34 5.6 -4.0
KOIN Capital Link Global Fintech Leaders ETF 1.1 75 0 4.6 -5.0
SATO Invesco Alerian Galaxy Crypto Economy ETF 1.0 61 14 -12.7 -22.2
CGUS Capital Group Core Equity ETF 1.0 33 42 4.7 -4.9
MOTO SmartETFs Smart Transportation & Technology ETF 1.0 68 7 6.7 -2.8
ADIV SmartETFs Asia Pacific Dividend Builder ETF 1.0 78 -3 9.0 -0.6
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 1.0 47 28 0.7 -8.9
SDIV Global X Superdividend ETF 1.0 58 17 17.7 +8.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.9 9 66 5.7 -3.9
SDG iShares MSCI Global Sustainable Development Goals ETF 0.8 49 26 5.7 -3.8
RXI iShares Global Consumer Discretionary ETF 0.8 41 34 5.6 -4.0
BUYZ Franklin Disruptive Commerce ETF 0.7 50 25 2.0 -7.6
HAP VanEck Natural Resources ETF 0.7 50 25 9.5 -0.0
CID VictoryShares International High Div Volatility Wtd ETF 0.7 45 30 9.4 -0.1
QTUM Defiance Quantum ETF 0.7 40 35 3.9 -5.6
SNSR Global X Internet of Things ETF 0.7 68 7 4.4 -5.2
IDAT iShares Future Cloud 5G and Tech ETF 0.7 47 28 4.6 -5.0
IXP iShares Global Comm Services ETF 0.7 42 33 5.1 -4.4
KPOP KPOP and Korean Entertainment ETF 0.6 75 0 -9.0 -18.5
SOCL Global X Social Media ETF 0.6 65 10 -5.7 -15.3
GINN Goldman Sachs Innovate Equity ETF 0.6 52 23 2.7 -6.9
EV Mast Global Battery Recycling & Production ETF 0.6 65 10 12.8 +3.2
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.6 79 -4 5.2 -4.4
NTZG Nuveen Global Net Zero Transition ETF 0.6 56 19 4.9 -4.7
IVRS iShares Future Metaverse Tech and Communications ETF 0.6 47 28 -5.3 -14.8
MVPS Amplify Thematic All-Stars ETF 0.6 49 26 1.6 -7.9
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.6 56 19 13.8 +4.3
IDV iShares International Select Dividend ETF 0.5 51 24 12.2 +2.7
IDRV iShares Self-driving EV & Tech ETF 0.5 47 28 -0.5 -10.1
CUT Invesco MSCI Global Timber ETF 0.5 61 14 8.5 -1.0
ERTH Invesco MSCI Sustainable Future ETF 0.5 62 13 3.7 -5.9
WOOD iShares Global Timber & Forestry ETF 0.5 42 33 9.6 +0.0
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.4 58 17 4.6 -5.0
FNDC Schwab Fundamental International Small Co. Index ETF 0.4 39 36 6.8 -2.8
DWX SPDR S&P International Dividend ETF 0.4 45 30 7.1 -2.5
AGNG Global X Aging Population ETF 0.4 50 25 4.1 -5.5
GCOW Pacer Global Cash Cows Dividend ETF 0.4 60 15 13.6 +4.0
JRNY ALPS Global Travel Beneficiaries ETF 0.4 65 10 -0.0 -9.6
CGGR Capital Group Growth ETF 0.3 39 36 3.4 -6.2
IDHQ Invesco S&P International Developed High Quality ETF 0.3 29 46 5.7 -3.8
BLLD JPMorgan Sustainable Infrastructure ETF 0.3 49 26 6.2 -3.4
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.3 39 36 -3.6 -13.1
BATT Amplify Lithium & Battery Technology ETF 0.3 59 16 2.9 -6.6
SMOG VanEck Low Carbon Energy ETF 0.3 61 14 3.0 -6.5
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.3 72 3 2.2 -7.4
CTEC Global X CleanTech ETF 0.3 50 25 1.0 -8.6
LIT Global X Lithium & Battery Tech ETF 0.3 75 0 10.2 +0.6
PBD Invesco Global Clean Energy ETF 0.3 75 0 -3.8 -13.4
FTAG First Trust Indxx Global Agriculture ETF 0.3 70 5 9.1 -0.5
ETEC iShares Breakthrough Environmental Solutions ETF 0.3 47 28 5.3 -4.2
BECO BlackRock Future Climate and Sustainable Economy ETF 0.3 70 5 13.7 +4.1
EXI iShares Global Industrials ETF 0.3 42 33 4.6 -5.0
BBEU JPMorgan BetaBuilders Europe ETF 0.3 9 66 6.7 -2.9
IXJ iShares Global Healthcare ETF 0.3 42 33 6.1 -3.5
GSFP Goldman Sachs Future Planet Equity ETF 0.3 75 0 4.6 -5.0
ROBO ROBO Global Robotics & Automation Index ETF 0.3 95 -20 2.8 -6.8
OCEN IQ Clean Oceans ETF 0.3 45 30 5.3 -4.3
FLEE Franklin FTSE Europe ETF 0.2 9 66 6.8 -2.8
VGK Vanguard FTSE Europe ETF 0.2 11 64 6.8 -2.8
SPEU SPDR Portfolio Europe ETF 0.2 7 68 6.5 -3.1
IQSI IQ Candriam International Equity ETF 0.2 15 60 6.4 -3.2
HELX Franklin Genomic Advancements ETF 0.2 50 25 1.7 -7.9
OND ProShares On-Demand ETF 0.2 58 17 -2.5 -12.0
IWFH iShares Virtual Work and Life Multisector ETF 0.2 47 28 -3.5 -13.0
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.2 80 -5 5.6 -4.0
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.2 49 26 6.6 -3.0
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.2 47 28 5.9 -3.7
GSID Goldman Sachs MarketBeta International Equity ETF 0.2 20 55 6.6 -3.0
DIVI Franklin International Core Dividend Tilt Index ETF 0.2 9 66 8.0 -1.6
BKIE BNY Mellon International Equity ETF 0.2 4 71 6.8 -2.7
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 0.2 68 7 8.9 -0.7
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.1 39 36 7.3 -2.3
TEMP JPMorgan Climate Change Solutions ETF 0.1 49 26 4.7 -4.9
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 33 5.1 -4.5

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:		 First Trust Bloomberg Emerging Market Democracies ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 15.3 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 75 bp
Equals: ALTAR Score 9.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.39 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.