First Trust Bloomberg Emerging Market Democracies ETF
ALTAR
Score™		 6.3% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 16.8x P/Sales
ratio		 2.4x
P/BV
ratio		 2.2x Div.
yield		 2.0%


  • 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) $22
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 107
Wgt avg mkt cap (mns) $235,418
Large cap (>$10bn) 94.6%
Mid cap ($2-10bn) 2.1%
Small cap (<$2bn) 0.1%
Developed mkts 0.0%
Emerging mkts 100.0%

TOP TEN HOLDINGS
SAMSUNG ELECTRONICS CO LTD 11.7 %
TAIWAN SEMICONDUCTOR MANUFAC 10.3 %
GRUPO MEXICO S.A.B. DE C.V. CLASS 5.7 %
HYNIX SEMICONDUCTOR INC 5.0 %
ANGLOGOLD ASHANTI LTD 2.9 %
PETROBRAS - PETROLEO BRAS-PR 2.7 %
OTP BANK PLC 2.7 %
GOLD FIELDS LTD 2.6 %
GRUPO FINANCIERO BANORTE-O 2.5 %
ITAU UNIBANCO HOLDING SA 2.5 %
Total 48.7 %

TOP COUNTRY EXPOSURE
SOUTH KOREA 22.1 %
BRAZIL 14.8 %
TAIWAN 14.5 %
SOUTH AFRICA 13.6 %
MEXICO 11.1 %
INDIA 10.9 %
POLAND 5.6 %
HUNGARY 2.6 %
PERU 1.6 %


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.
26.3% 92.2% -- -- 28.8%

Market Correlations
versus... Beta R-squared
S&P500 0.79 54%
MSCI EAFE 1.03 67%
MSCI Emg. Mkts. 1.05 84%

Technical Indicators
Recent close $39.57
30d moving avg. $36.60
Annualized volatility 16.3%
Short interest (ETF) 5.2%
Relative strength (RSI) 72

Liquidity measures
Avg. volume (thou.) 8
Turnover 1.5%
Bid/Ask (% of price) 0.28%
ADV underlying (mns) $4,190

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 298 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™: 6.3%


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
(%)
FTHF First Trust Emerging Markets Human Flourishing ETF 51.6 75 0 6.0 -0.3
JIVE JPMorgan International Value ETF 47.7 55 20 8.1 +1.9
EMXC iShares MSCI Emerging Markets ex China ETF 46.0 25 50 5.3 -1.0
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 45.5 24 51 5.4 -0.8
XCEM Columbia EM Core ex-China ETF 40.6 16 59 5.1 -1.2
EEM iShares MSCI Emerging Markets ETF 38.5 69 6 7.8 +1.6
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 38.1 30 45 8.1 +1.8
EEMA iShares MSCI Emerging Markets Asia ETF 36.3 49 26 7.7 +1.4
AAXJ iShares MSCI All Country Asia ex Japan ETF 36.2 70 5 7.1 +0.8
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 35.5 66 9 7.5 +1.2
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 35.2 15 60 8.0 +1.8
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 35.0 32 43 4.9 -1.4
EMGF iShares Emerging Markets Equity Factor ETF 35.0 25 50 9.0 +2.8
IEMG iShares Core MSCI Emerging Markets ETF 34.7 9 66 8.2 +1.9
JADE JPMorgan Active Developing Markets Equity ETF 34.6 65 10 6.1 -0.2
AIA iShares Asia 50 ETF 34.2 50 25 8.5 +2.2
BKEM BNY Mellon Emerging Markets Equity ETF 34.1 11 64 7.9 +1.7
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 33.8 36 39 7.7 +1.4
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 33.7 33 42 6.8 +0.6
ESGE iShares ESG Aware MSCI EM ETF 33.1 25 50 8.3 +2.0
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 32.9 32 43 7.5 +1.2
JHEM John Hancock Multifactor Emerging Markets ETF 32.3 49 26 7.5 +1.2
VEXC Vanguard Emerging Markets Ex-China ETF 32.3 7 68 5.7 -0.5
FLAX Franklin FTSE Asia Ex Japan ETF 32.0 19 56 7.3 +1.0
XCNY SPDR S&P Emerging Markets ex-China ETF 31.9 15 60 5.7 -0.6
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 31.2 15 60 8.8 +2.6
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 31.0 45 30 8.1 +1.8
ECON Columbia Emerging Markets Consumer ETF 31.0 49 26 6.9 +0.6
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 30.8 20 55 -0.2 -6.5
DFAE Dimensional Emerging Core Equity Market ETF 30.1 35 40 7.0 +0.7
FRDM Freedom 100 Emerging Markets ETF 28.4 49 26 5.5 -0.7
DEXC Dimensional Emerging Markets ex China Core EquityETF 28.0 53 22 5.3 -1.0
SCHE Schwab Emerging Markets Equity ETF 27.6 11 64 9.2 +3.0
PXH Invesco FTSE RAFI Emerging Markets ETF 27.5 49 26 13.1 +6.8
VWO Vanguard FTSE Emerging Markets ETF 27.5 7 68 8.9 +2.7
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 27.0 39 36 13.4 +7.1
EMXF iShares ESG Advanced MSCI EM ETF 25.1 16 59 7.0 +0.7
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 24.6 30 45 7.8 +1.5
FDEM Fidelity Emerging Markets Multifactor ETF 24.6 25 50 10.2 +3.9
EMMF WisdomTree Emerging Markets Multifactor Fund 24.6 48 27 8.5 +2.3
PATN Pacer Nasdaq International Patent Leaders ETF 24.0 65 10 4.4 -1.9
LDEM iShares ESG MSCI EM Leaders ETF 23.8 17 58 11.6 +5.4
SPEM SPDR Portfolio Emerging Markets ETF 23.6 7 68 9.2 +3.0
MEM Matthews Emerging Markets Equity Active ETF 23.5 79 -4 8.4 +2.1
DFEM Dimensional Emerging Markets Core Equity 2 ETF 23.5 38 37 7.0 +0.7
DEHP Dimensional Emerging Markets High Profitability ETF 23.2 41 34 5.0 -1.3
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 23.1 40 35 6.3 +0.0
FLLA Franklin FTSE Latin America ETF 22.7 19 56 9.7 +3.4
MINV Matthews Asia Innovators Active ETF 22.6 79 -4 6.1 -0.1
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 22.4 59 16 8.3 +2.1
EVLU iShares MSCI Emerging Markets Value Factor ETF 21.6 35 40 10.8 +4.5
FLKR Franklin FTSE South Korea ETF 21.5 9 66 4.8 -1.5
EWY iShares MSCI South Korea ETF 21.5 58 17 3.7 -2.6
NUEM Nuveen ESG Emerging Markets Equity ETF 20.9 36 39 6.1 -0.2
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 20.2 50 25 8.0 +1.8
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 19.1 95 -20 10.1 +3.8
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 19.1 41 34 6.8 +0.5
RNEM First Trust Emerging Markets Equity Select ETF 18.9 75 0 7.4 +1.2
FLN First Trust Latin America AlphaDEX Fund 18.0 80 -5 9.1 +2.8
XC WisdomTree Emerging Markets Ex-China Fund 17.8 32 43 5.8 -0.5
ROAM Hartford Multifactor Emerging Markets ETF 16.9 44 31 7.7 +1.5
AVXC Avantis Emerging Markets Ex-China Equity ETF 16.8 33 42 6.3 +0.0
DFEV Dimensional Emerging Markets Value ETF 16.7 43 32 9.7 +3.4
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 16.1 88 -13 8.3 +2.1
ILF iShares Latin America 40 ETF 15.9 48 27 8.8 +2.5
AVEM Avantis Emerging Markets Equity ETF 15.6 33 42 7.1 +0.8
EMC Global X Emerging Markets Great Consumer ETF 15.6 75 0 7.2 +0.9
BKF iShares MSCI BIC ETF 15.2 69 6 13.0 +6.7
KNCT Invesco Next Gen Connectivity ETF 15.1 40 35 3.8 -2.5
FLTW Franklin FTSE Taiwan ETF 14.7 19 56 4.4 -1.9
EWT iShares MSCI Taiwan ETF 14.7 58 17 4.0 -2.3
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 14.1 25 50 6.3 +0.1
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 14.0 44 31 8.8 +2.6
AVSE Avantis Responsible Emerging Markets Equity ETF 13.8 33 42 6.7 +0.5
CGXU Capital Group International Focus Equity ETF 13.4 54 21 3.8 -2.4
FLBR Franklin FTSE Brazil ETF 13.3 19 56 10.7 +4.4
VSGX Vanguard ESG International Stock ETF 13.1 10 65 6.4 +0.2
ACWX iShares MSCI ACWI ex U.S. ETF 13.0 34 41 6.2 -0.1
EMM Global X Emerging Markets ex-China ETF 13.0 75 0 4.9 -1.4
GMF SPDR S&P Emerging Asia Pacific ETF 12.9 49 26 8.6 +2.3
EWZ iShares MSCI Brazil ETF 12.5 58 17 9.5 +3.3
DEM WisdomTree Emerging Markets High Dividend Fund 12.4 63 12 10.6 +4.3
IXN iShares Global Tech ETF 12.1 41 34 3.2 -3.1
VEU Vanguard FTSE All-World ex-US Index Fund 11.8 4 71 6.6 +0.3
FLMX Franklin FTSE Mexico ETF 11.3 19 56 7.9 +1.7
EWW iShares MSCI Mexico ETF 11.3 50 25 7.5 +1.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 11.3 41 34 6.0 -0.2
IXUS iShares Core MSCI Total International Stock ETF 11.3 7 68 6.4 +0.1
VXUS Vanguard Total International Stock ETF 11.3 5 70 6.5 +0.2
GXUS Goldman Sachs MarketBeta Total International Equity ETF 11.1 18 57 6.2 -0.1
NFTY First Trust India NIFTY 50 Equal Weight ETF 10.9 80 -5 4.4 -1.9
CHAT Roundhill Generative AI & Technology ETF 10.8 75 0 5.6 -0.7
INDA iShares MSCI India ETF 10.7 65 10 4.1 -2.2
VPL Vanguard FTSE Pacific ETF 10.6 7 68 5.2 -1.0
JIG JPMorgan International Growth ETF 10.6 55 20 3.5 -2.8
INDY iShares India 50 ETF 10.5 89 -14 4.6 -1.7
IMFL Invesco International Developed Dynamic Multifactor ETF 10.2 34 41 4.9 -1.4
PIN Invesco India ETF 10.2 78 -3 4.2 -2.1
AIVC Amplify Bloomberg AI Value Chain ETF 10.2 59 16 5.0 -1.3
FLIN Franklin FTSE India ETF 9.9 19 56 3.7 -2.5
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 9.6 42 33 3.9 -2.4
EPI WisdomTree India Earnings Fund 9.3 85 -10 4.6 -1.7
AVES Avantis Emerging Markets Value ETF 9.3 36 39 8.5 +2.3
DVYE iShares Emerging Markets Dividend ETF 9.0 49 26 16.8 +10.6
IQDY FlexShares International Quality Dividend Dynamic Index Fund 9.0 47 28 7.3 +1.1
AIQ Global X Artificial Intelligence & Technology ETF 8.5 68 7 3.3 -3.0
UMMA Wahed Dow Jones Islamic World ETF 8.4 65 10 3.6 -2.7
EZA iShares MSCI South Africa ETF 8.3 58 17 7.0 +0.7
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 8.3 60 15 8.4 +2.1
DOL WisdomTree International LargeCap Dividend Fund 8.1 48 27 5.5 -0.8
AFK VanEck Africa Index ETF 8.1 98 -23 9.1 +2.9
DINT Davis Select International ETF 7.8 55 20 5.8 -0.4
AQLT iShares MSCI Global Quality Factor ETF 7.6 18 57 0.0 -6.3
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 7.5 90 -15 4.0 -2.3
IQDF FlexShares International Quality Dividend Index Fund 7.5 47 28 7.5 +1.2
FEOE First Eagle Overseas Equity ETF 7.3 79 -4 5.7 -0.6
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 7.2 80 -5 6.9 +0.6
CARZ First Trust NASDAQ Global Auto Index Fund 7.0 70 5 2.9 -3.4
EELV Invesco S&P Emerging Markets Low Volatility ETF 7.0 29 46 8.3 +2.0
WTAI WisdomTree Artificial Intelligence and Innovation Fund 7.0 45 30 2.6 -3.7
EEMO Invesco S&P Emerging Markets Momentum ETF 6.9 29 46 7.5 +1.3
FEM First Trust Emerging Markets AlphaDEX Fund 6.9 80 -5 8.8 +2.5
WRND IQ Global Equity R&D Leaders ETF 6.8 18 57 4.1 -2.2
GKAT Scharf Global Opportunity ETF 6.8 57 18 5.5 -0.8
FNDF Schwab Fundamental International Large Co. Index ETF 6.7 25 50 7.3 +1.0
CLNR IQ Cleaner Transport ETF 6.6 45 30 3.9 -2.4
VYMI Vanguard International High Dividend Yield ETF 6.6 17 58 7.7 +1.5
FBOT Fidelity Disruptive Automation ETF 6.5 50 25 2.9 -3.4
EYLD Cambria Emerging Shareholder Yield ETF 6.5 66 9 9.1 +2.8
ARTY iShares Future AI & Tech ETF 6.3 47 28 3.3 -3.0
DFAX Dimensional World ex U.S. Core Equity 2 ETF 6.2 30 45 6.2 -0.1
CWI SPDR MSCI ACWI ex-US ETF 6.1 30 45 6.3 -0.0
CHPX Global X AI Semiconductor & Quantum ETF 6.0 50 25 2.5 -3.8
AGIX KraneShares Artificial Intelligence and Technology ETF 5.8 99 -24 1.5 -4.7
GMET VanEck Green Metals ETF 5.7 63 12 0.3 -6.0
ICOP iShares Copper and Metals Mining ETF 5.7 47 28 4.8 -1.4
NXTG First Trust Indxx NextG ETF 5.6 70 5 4.4 -1.9
EPOL iShares MSCI Poland ETF 5.6 59 16 9.1 +2.8
GTEK Goldman Sachs Future Tech Leaders Equity ETF 5.5 75 0 2.3 -4.0
WWJD Inspire International ETF 5.5 80 -5 6.0 -0.3
IGRO iShares International Dividend Growth ETF 5.4 15 60 6.4 +0.2
AGQI First Trust Active Global Quality Income ETF 5.4 85 -10 6.2 -0.1
GVAL Cambria Global Value ETF 5.4 68 7 8.7 +2.4
BAI iShares AI Innovation and Tech Active ETF 5.4 55 20 1.3 -5.0
AIS VistaShares Artificial Intelligence Supercycle ETF 5.3 75 0 1.7 -4.6
PIEL Pacer International Export Leaders ETF 5.3 60 15 3.9 -2.3
PICK iShares MSCI Global Metals & Mining Producers ETF 5.3 39 36 7.5 +1.3
DWLD Davis Select Worldwide ETF 5.2 63 12 6.6 +0.3
FMET Fidelity Metaverse ETF 5.2 39 36 4.7 -1.5
FEGE First Eagle Global Equity ETF 5.1 79 -4 5.6 -0.7
ACWI iShares MSCI ACWI ETF 4.9 32 43 4.7 -1.5
UEVM VictoryShares Emerging Markets Value Momentum ETF 4.9 45 30 9.2 +2.9
IGPT Invesco AI and Next Gen Software ETF 4.9 60 15 3.4 -2.9
NDIA Global X India Active ETF 4.7 75 0 4.4 -1.8
EDIV SPDR S&P Emerging Markets Dividend ETF 4.7 49 26 8.4 +2.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 4.6 20 55 4.8 -1.5
ACWV iShares MSCI Global Min Vol Factor ETF 4.6 20 55 5.4 -0.8
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 4.5 45 30 6.6 +0.3
SCHF Schwab International Equity ETF 4.5 6 69 5.8 -0.5
KLMT Invesco MSCI Global Climate 500 ETF 4.5 10 65 5.0 -1.2
RGEF Rockefeller Global Equity ETF 4.5 55 20 3.9 -2.4
ECOW Pacer Emerging Markets Cash Cows 100 ETF 4.4 70 5 8.9 +2.7
DSTX Distillate International Fundamental Stability & Value ETF 4.4 55 20 6.1 -0.2
VT Vanguard Total World Stock ETF 4.3 6 69 5.1 -1.2
DTCR Global X Data Center & Digital Infrastructure ETF 4.3 50 25 3.9 -2.4
HFXI IQ FTSE International Equity Currency Neutral ETF 4.3 20 55 5.6 -0.7
DMAT Global X Disruptive Materials ETF 4.3 59 16 4.4 -1.9
VEA Vanguard FTSE Developed Markets ETF 4.1 3 72 5.8 -0.5
OAIM OneAscent International Equity ETF 4.0 95 -20 4.5 -1.8
LEGR First Trust Indxx Innovative Transaction & Process ETF 3.9 65 10 7.5 +1.3
MOTI VanEck Morningstar International Moat ETF 3.9 58 17 8.8 +2.5
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 3.8 46 29 7.2 +0.9
FDT First Trust Developed Markets ex-US AlphaDEX Fund 3.8 80 -5 6.3 +0.1
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 3.8 65 10 1.5 -4.8
FRGN Horizon International Equity ETF 3.5 75 0 7.8 +1.6
GLOF iShares Global Equity Factor ETF 3.5 20 55 5.7 -0.6
SDIV Global X Superdividend ETF 3.4 58 17 12.8 +6.5
VIDI Vident International Equity Strategy ETF 3.3 61 14 8.2 +1.9
MOTG VanEck Morningstar Global Wide Moat ETF 3.3 52 23 7.1 +0.9
IDOG ALPS International Sector Dividend Dogs ETF 3.3 50 25 9.1 +2.9
JPIN J.P. Morgan Diversified Return International Equity ETF 3.1 37 38 6.7 +0.4
EDOG ALPS Emerging Sector Dividend Dogs ETF 3.0 60 15 9.3 +3.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 2.9 12 63 4.5 -1.8
BLES Inspire Global Hope ETF 2.9 61 14 5.7 -0.6
JSTC Adasina Social Justice All Cap Global ETF 2.8 89 -14 4.5 -1.8
BATT Amplify Lithium & Battery Technology ETF 2.8 59 16 1.8 -4.5
FDNI First Trust Dow Jones International Internet ETF 2.8 65 10 21.2 +14.9
GLIN VanEck India Growth Leaders ETF 2.7 77 -2 5.0 -1.3
UIVM VictoryShares International Value Momentum ETF 2.6 35 40 7.8 +1.6
RING iShares MSCI Global Gold Miners ETF 2.6 39 36 2.4 -3.9
ICPY Tweedy, Browne International Insider Value ETF 2.6 80 -5 21.2 +14.9
XT iShares Exponential Technologies ETF 2.5 46 29 4.1 -2.1
TPIF Timothy Plan International ETF 2.5 62 13 5.3 -1.0
CIL VictoryShares International Volatility Wtd ETF 2.3 45 30 5.7 -0.5
DWX SPDR S&P International Dividend ETF 2.3 45 30 6.3 +0.1
CGGO Capital Group Global Growth Equity ETF 2.2 47 28 4.2 -2.1
OTGL OTG Latin America ETF 2.2 269 -194 6.8 +0.6
SDEM Global X MSCI SuperDividend Emerging Markets ETF 2.2 67 8 11.9 +5.6
JGLO JPMorgan Global Select Equity ETF 2.2 33 42 4.2 -2.0
COPY Tweedy, Browne Insider + Value ETF 2.2 80 -5 14.9 +8.6
VIGI Vanguard International Dividend Appreciation ETF 2.1 10 65 5.7 -0.5
FKU First Trust United Kingdom AlphaDEX Fund 2.1 80 -5 6.7 +0.4
IDHQ Invesco S&P International Developed High Quality ETF 2.0 29 46 5.2 -1.1
DGT State Street SPDR Global Dow ETF 1.9 50 25 5.7 -0.6
SPDW SPDR Portfolio Developed World ex-US ETF 1.9 3 72 5.7 -0.6
FDD First Trust Stoxx European Select Dividend Index Fund 1.9 58 17 9.8 +3.6
CRAK VanEck Oil Refiners ETF 1.9 61 14 9.8 +3.6
INCO Columbia India Consumer ETF 1.9 75 0 1.8 -4.4
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 1.8 58 17 7.3 +1.0
METV Roundhill Ball Metaverse ETF 1.8 59 16 8.3 +2.1
BRAZ Global X Brazil Active ETF 1.8 75 0 9.1 +2.9
RCGE RockCreek Global Equality ETF 1.8 95 -20 5.8 -0.4
SCHY Schwab International Dividend Equity ETF 1.7 14 61 7.8 +1.5
IOO iShares Global 100 ETF 1.7 41 34 4.0 -2.3
IXG iShares Global Financials ETF 1.7 42 33 6.3 +0.0
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.7 24 51 6.5 +0.2
QTUM Defiance Quantum ETF 1.6 40 35 4.6 -1.6
JHDV John Hancock U.S. High Dividend ETF 1.5 34 41 6.2 -0.0
EPU iShares MSCI Peru and Global Exposure ETF 1.5 59 16 3.8 -2.5
BOUT Innovator IBD Breakout Opportunities ETF 1.5 81 -6 3.2 -3.1
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 1.4 60 15 6.2 -0.1
ROBO ROBO Global Robotics & Automation Index ETF 1.4 95 -20 2.4 -3.8
DGIN VanEck Digital India ETF 1.4 71 4 1.4 -4.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.3 9 66 4.9 -1.3
IPAV Global X Infrastructure Development ex-U.S. ETF 1.3 55 20 5.4 -0.9
BINV Brandes International ETF 1.3 70 5 8.0 +1.8
IDV iShares International Select Dividend ETF 1.3 51 24 8.7 +2.4
CGGR Capital Group Growth ETF 1.3 39 36 2.5 -3.7
MXI iShares Global Materials ETF 1.2 41 34 5.4 -0.8
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.2 45 30 -0.9 -7.2
RXI iShares Global Consumer Discretionary ETF 1.1 41 34 7.5 +1.2
CZA Invesco Zacks Mid-Cap ETF 1.1 72 3 5.7 -0.5
TTAI FCF International Quality ETF 1.0 59 16 6.5 +0.3
FDLS Inspire Fidelis Multi Factor ETF 1.0 76 -1 3.3 -3.0
ICOW Pacer Developed Markets International Cash Cows 100 ETF 1.0 65 10 7.5 +1.2
ISHP First Trust Nasdaq Retail ETF 1.0 60 15 5.0 -1.3
HUMN Roundhill Humanoid Robotics ETF 0.9 75 0 1.2 -5.1
ADIV SmartETFs Asia Pacific Dividend Builder ETF 0.9 78 -3 9.4 +3.2
DEW WisdomTree Global High Dividend Fund 0.9 58 17 7.1 +0.8
OCEN IQ Clean Oceans ETF 0.9 45 30 4.5 -1.8
KXI iShares Global Consumer Staples ETF 0.9 41 34 4.8 -1.5
FFND Future Fund Active ETF 0.8 100 -25 4.3 -2.0
KAT Scharf ETF 0.8 87 -12 5.7 -0.6
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.8 56 19 9.4 +3.1
FPAG FPA Global Equity ETF 0.8 49 26 5.7 -0.6
HAP VanEck Natural Resources ETF 0.8 50 25 6.3 +0.1
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.8 47 28 4.7 -1.5
FCLD Fidelity Cloud Computing ETF 0.8 39 36 4.0 -2.3
FDTX Fidelity Disruptive Technology ETF 0.7 50 25 2.1 -4.1
SNSR Global X Internet of Things ETF 0.7 68 7 3.9 -2.3
VCLN Virtus Duff & Phelps Clean Energy ETF 0.7 59 16 2.6 -3.7
RNRG Global X Renewable Energy Producers ETF 0.7 66 9 4.4 -1.9
CCNR ALPS CoreCommodity Natural Resources ETF 0.7 39 36 7.9 +1.6
FEP First Trust Europe AlphaDEX Fund 0.7 80 -5 6.5 +0.3
PBD Invesco Global Clean Energy ETF 0.7 75 0 0.3 -6.0
IBAT iShares Energy Storage & Materials ETF 0.7 47 28 1.9 -4.4
POW VistaShares Electrification Supercycle ETF 0.7 75 0 2.3 -4.0
GEW Cambria Global EW ETF 0.7 29 46 5.3 -1.0
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.6 86 -11 11.0 +4.7
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 0.6 86 -11 0.2 -6.1
IXP iShares Global Comm Services ETF 0.5 42 33 5.4 -0.9
JXI iShares Global Utilities ETF 0.4 43 32 4.7 -1.5
DIVI Franklin International Core Dividend Tilt Index ETF 0.4 9 66 6.4 +0.1
MOTO SmartETFs Smart Transportation & Technology ETF 0.4 68 7 5.5 -0.7
GCOW Pacer Global Cash Cows Dividend ETF 0.4 60 15 8.7 +2.4
EXI iShares Global Industrials ETF 0.4 42 33 3.4 -2.9
CGDG Capital Group Dividend Growers ETF 0.4 47 28 5.0 -1.3
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.4 80 -5 3.3 -3.0
SHLD Global X Defense Tech ETF 0.4 50 25 2.4 -3.8
FTAG First Trust Indxx Global Agriculture ETF 0.4 70 5 6.7 +0.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.4 49 26 5.7 -0.6
AGNG Global X Aging Population ETF 0.4 50 25 3.8 -2.5
BBEU JPMorgan BetaBuilders Europe ETF 0.4 9 66 5.9 -0.4
IQSI IQ Candriam International Equity ETF 0.4 15 60 5.3 -1.0
FDCF Fidelity Disruptive Communications ETF 0.3 50 25 2.0 -4.3
SOCL Global X Social Media ETF 0.3 65 10 11.1 +4.8
FLEE Franklin FTSE Europe ETF 0.3 9 66 6.0 -0.2
VGK Vanguard FTSE Europe ETF 0.3 6 69 6.2 -0.0
IXJ iShares Global Healthcare ETF 0.3 42 33 5.7 -0.6
SDG iShares MSCI Global Sustainable Development Goals ETF 0.3 49 26 4.6 -1.7
SPEU SPDR Portfolio Europe ETF 0.3 7 68 6.1 -0.1
SRVR Pacer Data & Infrastructure Real Estate ETF 0.3 55 20 3.7 -2.6
IDRV iShares Self-driving EV & Tech ETF 0.3 47 28 1.3 -5.0
ANEW ProShares MSCI Transformational Changes ETF 0.3 45 30 4.3 -1.9
INQQ India Internet & Ecommerce ETF 0.2 86 -11 0.5 -5.8
GSID Goldman Sachs MarketBeta International Equity ETF 0.2 20 55 5.6 -0.7
BKIE BNY Mellon International Equity ETF 0.2 4 71 5.7 -0.5
FNDC Schwab Fundamental International Small Co. Index ETF 0.2 39 36 6.4 +0.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.2 39 36 6.6 +0.4
VYM Vanguard High Dividend Yield Index ETF 0.1 6 69 6.0 -0.3
BMED Future Health ETF 0.1 85 -10 1.1 -5.2
HELX Franklin Genomic Advancements ETF 0.1 50 25 -1.4 -7.6
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.1 58 17 3.5 -2.8
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.1 75 0 3.7 -2.6
SUPL ProShares Supply Chain Logistics ETF 0.1 58 17 7.5 +1.3
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 66 4.3 -1.9
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 33 4.3 -2.0
PRF Invesco FTSE RAFI US 1000 ETF 0.0 34 41 5.8 -0.4

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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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:		 First Trust Bloomberg Emerging Market Democracies 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 14.8 %
Divided by: Fwd. P/BV 2.1 x
Less: Expense ratio 75 bp
Equals: ALTAR Score 6.3 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.50 CATEGORY
AVERAGE		 1.52
 
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.