ETF Research Center

ProShares MSCI Emerging Markets Dividend Growers ETF

ALTAR
Score™

7.2%

Recommen-
dation

UNDERWEIGHT

2025E 2026E
P/E ratio	12.1x	P/Sales ratio	0.9x
P/BV ratio	1.3x	Div. yield	3.1%

Description
Performance
Comps
Fundamentals
Valuation
Rating

The MSCI Emerging Markets Dividend Growers ETF tracks an index composed of companies that are current members of the MSCI Emerging Markets Index and have increased dividends every year for at least 7 years.

FUND BASICS
Category	Emerging Market Equities
Fund Sponsor	ProShares
Website	www.proshares.com
Inception date	Jan 25, 2016
Assets (mns)	$8
Currency	USD
Expense ratio	60 bp
Distributions	Quarterly

FUND STRUCTURE
Regulation	Open-End Investment Company
Custodian
Weighting	Equal
Index replication
Uses derivatives	No
Options available	No

SECTOR BREAKDOWN

CONSTITUENT BREAKDOWN
No. of constituents	54
Wgt avg mkt cap (mns)	$43,426
Large cap (>$10bn)	49.1%
Mid cap ($2-10bn)	50.9%
Small cap (<$2bn)	0.0%
Developed mkts	8.4%
Emerging mkts	91.6%

TOP TEN HOLDINGS
Total	22.5 %
CHINA MENGNIU DAIRY CO	2.4 %
TATA ELXSI LIMITED	2.4 %
MOUWASAT MEDICAL SERVICES CO.	2.4 %
PIDILITE INDUSTRIES LTD	2.3 %
JIANGSU KING'S LUCK BREWERY JOINT-	2.2 %
LUZHOU LAOJIAO CO LTD-A	2.2 %
ANHUI GUJING DISTILLERY CO., LTD.	2.2 %
BEIJING SEVENSTAR ELECTRONICS CO.,	2.1 %
HANGZHOU TIGERMED CONSULTING CO.,	2.1 %
TENCENT HOLDINGS LTD	2.1 %

TOP COUNTRY EXPOSURE
	CHINA	48.2 %
	INDIA	20.1 %
	SOUTH KOREA	5.8 %
	HONG KONG	4.4 %
	MEXICO	3.8 %
	TAIWAN	3.8 %
	BRAZIL	3.6 %
	SAUDI ARABIA	2.4 %
	COLOMBIA	2.0 %
	PHILIPPINES	2.0 %

Standardized Annual Returns (thru May 31)
Year-to-date	1 year	5 years	10 years	Since Incep.
4.5%	4.3%	2.1%	--	3.4%

Market Correlations
versus...	Beta	R-squared
S&P500	0.48	20%
MSCI EAFE	0.68	44%
MSCI Emg. Mkts.	0.94	82%

Technical Indicators
Recent close	$45.24
30d moving avg.	$44.94
Annualized volatility	17.8%
Short interest (ETF)	0.4%
Relative strength (RSI)	55

Liquidity measures
Avg. volume (thou.)	1
Turnover	0.6%
Bid/Ask (% of price)	0.55%
ADV underlying (mns)	$1,869

FINDING ALTERNATIVE FUNDS

Below is a list of 246 potential alternatives to the ProShares MSCI Emerging Markets Dividend Growers ETF ETF based on the alternatives' overlap in portfolio holdings with EMDV. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker:

EMDV

Expense:

60 bp

ALTAR Score™:

7.2%

ALTERNATIVE ETFs BASED ON OVERLAP WITH EMDV
Ticker	Fund Name	Overlap¹ vs EMDV (%)	Expense ratio (bp)	Savings vs EMDV (bp)	ALTAR Score™ (%)	ALTAR vs EMDV (%)
KBA	KraneShares Bosera MSCI China A 50 Connect Index ETF	15.5	55	5	8.3	+1.0
ASHR	Xtrackers Harvest CSI 300 China A-Shares ETF	12.7	65	-5	8.0	+0.7
JCHI	JPMorgan Active China ETF	10.2	65	-5	15.9	+8.7
KALL	KraneShares MSCI All China Index ETF	9.1	49	11	14.7	+7.4
MCH	Matthews China Active ETF	8.7	79	-19	15.3	+8.0
RNEM	First Trust Emerging Markets Equity Select ETF	8.2	75	-15	7.0	-0.2
RAYC	Rayliant Quantamental China Equity ETF	8.0	80	-20	8.7	+1.5
NFTY	First Trust India NIFTY 50 Equal Weight ETF	7.9	80	-20	5.0	-2.2
MEM	Matthews Emerging Markets Equity Active ETF	7.6	79	-19	8.1	+0.9
QEMM	SPDR MSCI Emerging Markets StrategicFactors ETF	6.7	30	30	10.1	+2.9
QLVE	FlexShares Emerging Markets Quality Low Volatility Index Fun	6.4	40	20	7.2	-0.0
INDY	iShares India 50 ETF	6.2	89	-29	4.7	-2.6
CNYA	iShares MSCI China A ETF	6.1	60	0	7.2	-0.1
BKF	iShares MSCI BIC ETF	5.9	69	-9	13.3	+6.1
EMC	Global X Emerging Markets Great Consumer ETF	5.7	75	-15	9.0	+1.7
NUEM	Nuveen ESG Emerging Markets Equity ETF	5.7	36	24	8.1	+0.8
JEMA	JPMorgan ActiveBuilders Emerging Markets Equity ETF	5.7	33	27	10.3	+3.1
INDA	iShares MSCI India ETF	5.6	65	-5	4.5	-2.8
PIN	Invesco India ETF	5.6	78	-18	4.4	-2.9
ECON	Columbia Emerging Markets Consumer ETF	5.5	49	11	12.6	+5.4
FLN	First Trust Latin America AlphaDEX Fund	5.5	80	-20	10.3	+3.1
DGRE	WisdomTree Emerging Markets Quality Dividend Growth Fund	5.5	32	28	6.9	-0.3
FDEM	Fidelity Emerging Markets Multifactor ETF	5.5	25	35	13.0	+5.7
DGIN	VanEck Digital India ETF	5.5	71	-11	2.0	-5.2
EDOG	ALPS Emerging Sector Dividend Dogs ETF	5.5	60	0	10.9	+3.7
DEHP	Dimensional Emerging Markets High Profitability ETF	5.4	41	19	6.9	-0.3
ESGE	iShares ESG Aware MSCI EM ETF	5.4	25	35	10.4	+3.1
LDEM	iShares ESG MSCI EM Leaders ETF	5.4	17	43	13.2	+5.9
GMF	SPDR S&P Emerging Asia Pacific ETF	5.3	49	11	9.6	+2.4
FLIN	Franklin FTSE India ETF	5.3	19	41	4.0	-3.3
JHEM	John Hancock Multifactor Emerging Markets ETF	5.3	49	11	10.5	+3.3
SPEM	SPDR Portfolio Emerging Markets ETF	5.2	7	53	10.7	+3.4
MINV	Matthews Asia Innovators Active ETF	5.2	79	-19	7.8	+0.5
FLCH	Franklin FTSE China ETF	5.1	19	41	16.5	+9.3
XSOE	WisdomTree Emerging Markets ex-State-Owned Enterprises Fund	5.1	32	28	9.4	+2.2
BBEM	JPMorgan BetaBuilders Emerging Markets Equity ETF	5.0	15	45	10.5	+3.3
EEMX	SPDR MSCI Emerging Markets Fossil Fuel Free ETF	4.8	30	30	10.5	+3.3
MCHI	iShares MSCI China ETF	4.8	59	1	17.7	+10.4
DBEM	Xtrackers MSCI Emerging Markets Hedged Equity ETF	4.8	66	-6	10.1	+2.8
GEM	Goldman Sachs ActiveBeta Emerging Markets Equity ETF	4.8	45	15	10.7	+3.5
EEMA	iShares MSCI Emerging Markets Asia ETF	4.7	49	11	10.3	+3.1
EMCR	Xtrackers Emerging Markets Carbon Reduction and Climate Impr	4.7	15	45	8.2	+0.9
DFSE	Dimensional Emerging Markets Sustainability Core 1 ETF	4.7	41	19	9.0	+1.8
FLAX	Franklin FTSE Asia Ex Japan ETF	4.7	19	41	9.6	+2.4
DFAE	Dimensional Emerging Core Equity Market ETF	4.7	35	25	9.6	+2.4
EEM	iShares MSCI Emerging Markets ETF	4.6	69	-9	10.5	+3.3
BKEM	BNY Mellon Emerging Markets Equity ETF	4.6	11	49	10.3	+3.1
GSEE	Goldman Sachs MarketBeta Emerging Markets Equity ETF	4.6	36	24	10.1	+2.8
AAXJ	iShares MSCI All Country Asia ex Japan ETF	4.5	70	-10	9.5	+2.2
CGRO	CoreValues Alpha Greater China Growth ETF	4.5	75	-15	3.7	-3.6
AVEM	Avantis Emerging Markets Equity ETF	4.5	33	27	9.3	+2.0
VWO	Vanguard FTSE Emerging Markets ETF	4.5	8	52	10.7	+3.5
KURE	KraneShares MSCI All China Health Care Index ETF	4.5	65	-5	3.0	-4.3
EEMV	iShares MSCI Emerging Markets Min Vol Factor ETF	4.4	25	35	6.6	-0.7
PXH	Invesco FTSE RAFI Emerging Markets ETF	4.4	49	11	16.1	+8.8
GXC	SPDR S&P China ETF	4.4	59	1	16.2	+8.9
ROAM	Hartford Multifactor Emerging Markets ETF	4.4	44	16	12.0	+4.8
KEMX	KraneShares MSCI Emerging Markets EX China Index ETF	4.4	24	36	8.4	+1.2
IEMG	iShares Core MSCI Emerging Markets ETF	4.2	9	51	10.7	+3.5
EMSG	Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF	4.2	20	40	11.0	+3.8
SCHE	Schwab Emerging Markets Equity ETF	4.2	11	49	11.3	+4.0
CXSE	WisdomTree China ex-State-Owned Enterprises Fund	4.1	32	28	17.3	+10.0
RFEM	First Trust Riverfront Dynamic Emerging Markets ETF	4.1	95	-35	13.0	+5.8
FNDE	Schwab Fundamental Emerging Markets Large Co. Index ETF	4.1	39	21	16.4	+9.1
DFEM	Dimensional Emerging Markets Core Equity 2 ETF	4.1	38	22	9.6	+2.3
FLLA	Franklin FTSE Latin America ETF	4.1	19	41	13.2	+5.9
EMMF	WisdomTree Emerging Markets Multifactor Fund	4.0	48	12	7.9	+0.6
EPI	WisdomTree India Earnings Fund	4.0	85	-25	4.8	-2.4
EMGF	iShares Emerging Markets Equity Factor ETF	4.0	25	35	12.2	+4.9
TCHI	iShares MSCI China Multisector Tech ETF	4.0	59	1	17.8	+10.6
INCO	Columbia India Consumer ETF	4.0	75	-15	1.9	-5.3
TLTE	FlexShares Morningstar Emerging Markets Factor Tilt Index	3.8	59	1	12.0	+4.8
ILF	iShares Latin America 40 ETF	3.8	48	12	13.2	+6.0
SDEM	Global X MSCI SuperDividend Emerging Markets ETF	3.7	67	-7	14.0	+6.7
BRAZ	Global X Brazil Active ETF	3.6	75	-15	12.4	+5.2
EWZ	iShares MSCI Brazil ETF	3.6	58	2	13.1	+5.9
IGRO	iShares International Dividend Growth ETF	3.6	15	45	7.2	-0.1
NDIA	Global X India Active ETF	3.5	75	-15	4.7	-2.5
XCEM	Columbia EM Core ex-China ETF	3.4	16	44	8.4	+1.1
CHAT	Roundhill Generative AI & Technology ETF	3.3	75	-15	8.2	+1.0
EDIV	SPDR S&P Emerging Markets Dividend ETF	3.3	49	11	11.9	+4.6
DEM	WisdomTree Emerging Markets High Dividend Fund	3.3	63	-3	13.3	+6.0
FLBR	Franklin FTSE Brazil ETF	3.3	19	41	14.7	+7.5
MFEM	PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF	3.2	50	10	11.6	+4.3
FTHF	First Trust Emerging Markets Human Flourishing ETF	3.2	75	-15	8.7	+1.4
JPEM	JPMorgan Diversified Return Emerging Markets Equity ETF	3.1	44	16	11.0	+3.7
EMXF	iShares ESG Advanced MSCI EM ETF	3.1	16	44	8.7	+1.4
UEVM	VictoryShares Emerging Markets Value Momentum ETF	3.1	45	15	10.8	+3.5
FID	First Trust S&P International Dividend Aristocrats ETF	3.0	60	0	8.1	+0.8
EWW	iShares MSCI Mexico ETF	3.0	50	10	10.4	+3.1
FCA	First Trust China AlphaDEX Fund	3.0	80	-20	8.9	+1.7
TTAI	FCF International Quality ETF	2.9	59	1	6.9	-0.3
FXI	iShares China Large-Cap ETF	2.8	74	-14	17.0	+9.8
EEMO	Invesco S&P Emerging Markets Momentum ETF	2.8	29	31	6.6	-0.6
STXE	Strive Emerging Markets Ex-China ETF	2.8	32	28	8.0	+0.8
WDIV	SPDR S&P Global Dividend ETF	2.8	40	20	9.5	+2.2
LEGR	First Trust Indxx Innovative Transaction & Process ETF	2.7	65	-5	7.5	+0.3
EMXC	iShares MSCI Emerging Markets ex China ETF	2.5	25	35	7.9	+0.7
AVES	Avantis Emerging Markets Value ETF	2.4	36	24	11.7	+4.4
OBOR	KraneShares MSCI One Belt One Road Index ETF	2.4	79	-19	9.0	+1.8
FEM	First Trust Emerging Markets AlphaDEX Fund	2.4	80	-20	12.2	+5.0
VIGI	Vanguard International Dividend Appreciation ETF	2.3	15	45	6.1	-1.2
CQQQ	Invesco China Technology ETF	2.3	70	-10	10.3	+3.1
EVLU	iShares MSCI Emerging Markets Value Factor ETF	2.3	35	25	19.8	+12.6
CWI	SPDR MSCI ACWI ex-US ETF	2.3	30	30	7.9	+0.6
PATN	Pacer Nasdaq International Patent Leaders ETF	2.2	65	-5	6.5	-0.8
DBAW	Xtrackers MSCI All World ex US Hedged Equity ETF	2.2	41	19	7.7	+0.5
GXUS	Goldman Sachs MarketBeta Total International Equity ETF	2.2	18	42	7.9	+0.6
IQDF	FlexShares International Quality Dividend Index Fund	2.2	47	13	9.3	+2.1
ACWX	iShares MSCI ACWI ex U.S. ETF	2.2	34	26	8.0	+0.7
XC	WisdomTree Emerging Markets Ex-China Fund	2.2	32	28	6.2	-1.0
VEU	Vanguard FTSE All-World ex-US Index Fund	2.2	8	52	8.2	+1.0
LIT	Global X Lithium & Battery Tech ETF	2.1	75	-15	5.7	-1.5
BATT	Amplify Lithium & Battery Technology ETF	2.1	59	1	4.0	-3.3
DSTX	Distillate International Fundamental Stability & Value ETF	2.1	55	5	8.2	+0.9
FMET	Fidelity Metaverse ETF	2.1	39	21	5.0	-2.2
ANEW	ProShares MSCI Transformational Changes ETF	2.1	45	15	6.1	-1.1
EMQQ	EMQQ The Emerging Markets Internet & Ecommerce ETF	2.1	86	-26	13.3	+6.1
JIG	JPMorgan International Growth ETF	2.1	55	5	4.7	-2.6
KEMQ	KraneShares Emerging Markets Consumer Technology Index ETF	2.1	60	0	10.5	+3.3
KTEC	KraneShares Hang Seng TECH Index ETF	2.1	69	-9	18.0	+10.8
KWEB	KraneShares CSI China Internet ETF	2.1	69	-9	23.9	+16.6
ARVR	First Trust Indxx Metaverse ETF	2.1	70	-10	4.2	-3.0
BNGE	First Trust S-Network Streaming and Gaming ETF	2.1	70	-10	2.9	-4.4
FDNI	First Trust Dow Jones International Internet ETF	2.1	65	-5	18.1	+10.9
ESPO	VanEck Video Gaming and eSports ETF	2.1	56	4	4.2	-3.0
MOTI	VanEck Morningstar International Moat ETF	2.1	58	2	11.1	+3.8
AIQ	Global X Artificial Intelligence & Technology ETF	2.1	68	-8	3.9	-3.4
SOCL	Global X Social Media ETF	2.1	65	-5	8.2	+1.0
AIA	iShares Asia 50 ETF	2.1	50	10	13.7	+6.4
IBLC	iShares Blockchain and Tech ETF	2.1	47	13	-4.1	-11.3
IVRS	iShares Future Metaverse Tech and Communications ETF	2.1	47	13	2.7	-4.5
IXP	iShares Global Comm Services ETF	2.1	42	18	5.8	-1.5
GAMR	Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T	2.1	75	-15	5.0	-2.2
METV	Roundhill Ball Metaverse ETF	2.1	59	1	5.7	-1.5
ODDS	Pacer BlueStar Digital Entertainment ETF	2.1	60	0	2.2	-5.1
KOCG	FIS Knights of Columbus Global Belief ETF	2.1	75	-15	5.1	-2.1
XCNY	SPDR S&P Emerging Markets ex-China ETF	2.1	15	45	7.8	+0.5
RODE	Hartford Multifactor Diversified International ETF	2.1	29	31	11.0	+3.8
MOTG	VanEck Morningstar Global Wide Moat ETF	2.1	52	8	6.8	-0.5
SCHY	Schwab International Dividend Equity ETF	2.0	14	46	9.6	+2.3
GREK	Global X MSCI Greece ETF	2.0	57	3	11.0	+3.7
EPHE	iShares MSCI Philippines ETF	2.0	59	1	0.0	-7.2
GXG	Global X MSCI Colombia ETF	2.0	62	-2	18.1	+10.9
EPU	iShares MSCI Peru and Global Exposure ETF	2.0	59	1	7.5	+0.2
EMDM	First Trust Bloomberg Emerging Market Democracies ETF	2.0	75	-15	10.1	+2.9
OZEM	Roundhill GLP-1 & Weight Loss ETF	2.0	59	1	-0.6	-7.8
IXUS	iShares Core MSCI Total International Stock ETF	1.9	7	53	8.1	+0.9
KGRN	KraneShares MSCI China Clean Technology Index ETF	1.9	79	-19	3.7	-3.6
URAN	Themes Uranium & Nuclear ETF	1.9	35	25	1.8	-5.5
VXUS	Vanguard Total International Stock ETF	1.9	7	53	8.1	+0.8
EELV	Invesco S&P Emerging Markets Low Volatility ETF	1.8	29	31	8.8	+1.6
AADR	AdvisorShares Dorsey Wright ADR ETF	1.8	110	-50	5.0	-2.2
CIBR	First Trust NASDAQ Cybersecurity ETF	1.8	60	0	3.8	-3.4
GLIN	VanEck India Growth Leaders ETF	1.8	77	-17	6.4	-0.8
ABLG	Abacus FCF International Leaders ETF	1.8	59	1	6.3	-1.0
FDCF	Fidelity Disruptive Communications ETF	1.8	50	10	3.1	-4.1
FBZ	First Trust Brazil AlphaDEX Fund	1.8	80	-20	11.8	+4.6
EWT	iShares MSCI Taiwan ETF	1.7	58	2	6.6	-0.6
MOO	VanEck Agribusiness ETF	1.7	53	7	10.2	+2.9
ECOW	Pacer Emerging Markets Cash Cows 100 ETF	1.7	70	-10	14.7	+7.4
CGXU	Capital Group International Focus Equity ETF	1.6	54	6	5.8	-1.5
SDG	iShares MSCI Global Sustainable Development Goals ETF	1.6	49	11	6.3	-1.0
PID	Invesco International Dividend Achievers ETF	1.6	53	7	5.5	-1.7
FLTW	Franklin FTSE Taiwan ETF	1.6	19	41	6.9	-0.4
EWY	iShares MSCI South Korea ETF	1.5	58	2	9.4	+2.2
FLKR	Franklin FTSE South Korea ETF	1.5	9	51	10.0	+2.8
IQDY	FlexShares International Quality Dividend Dynamic Index Fund	1.4	47	13	8.5	+1.3
BWEB	Bitwise Web3 ETF	1.4	85	-25	0.1	-7.2
WRND	IQ Global Equity R&D Leaders ETF	1.4	18	42	8.5	+1.3
IOO	iShares Global 100 ETF	1.3	41	19	5.1	-2.1
DFAX	Dimensional World ex U.S. Core Equity 2 ETF	1.3	30	30	8.1	+0.9
DGT	SPDR Global Dow ETF	1.3	50	10	7.3	+0.1
DFEV	Dimensional Emerging Markets Value ETF	1.3	43	17	13.5	+6.3
BLKC	Invesco Alerian Galaxy Blockchain Users and Decentralized Co	1.2	61	-1	1.6	-5.7
FPAG	FPA Global Equity ETF	1.2	49	11	6.0	-1.2
ACWV	iShares MSCI Global Min Vol Factor ETF	1.2	20	40	6.0	-1.3
WUGI	AXS Esoterica NextG Economy ETF	1.2	75	-15	2.5	-4.7
CRBN	iShares MSCI ACWI Low Carbon Target ETF	1.1	20	40	5.9	-1.3
VYMI	Vanguard International High Dividend Yield ETF	1.1	22	38	9.8	+2.5
CHIQ	Global X MSCI China Consumer Discretionary ETF	1.1	65	-5	15.8	+8.6
CGIE	Capital Group International Equity ETF	1.1	54	6	5.0	-2.3
FLMX	Franklin FTSE Mexico ETF	1.0	19	41	10.6	+3.3
OGIG	ALPS O'Shares Global Internet Giants ETF	1.0	48	12	1.6	-5.6
NXTG	First Trust Indxx NextG ETF	0.9	70	-10	5.4	-1.8
SATO	Invesco Alerian Galaxy Crypto Economy ETF	0.9	61	-1	-2.5	-9.7
NZAC	SPDR MSCI ACWI Climate Paris Aligned ETF	0.9	12	48	5.4	-1.9
FRDM	Freedom 100 Emerging Markets ETF	0.9	49	11	9.0	+1.7
KLMT	Invesco MSCI Global Climate 500 ETF	0.8	10	50	6.0	-1.3
UMMA	Wahed Dow Jones Islamic World ETF	0.8	65	-5	5.2	-2.1
FLSA	Franklin FTSE Saudi Arabia ETF	0.8	39	21	0.0	-7.2
ACWI	iShares MSCI ACWI ETF	0.8	32	28	5.8	-1.4
GVAL	Cambria Global Value ETF	0.8	68	-8	11.3	+4.0
GINN	Goldman Sachs Innovate Equity ETF	0.8	52	8	3.8	-3.4
VT	Vanguard Total World Stock ETF	0.7	7	53	6.1	-1.1
SPGM	SPDR Portfolio MSCI Global Stock Market ETF	0.7	9	51	6.0	-1.2
FEUZ	First Trust Eurozone AlphaDEX ETF	0.7	80	-20	9.3	+2.1
JPIN	J.P. Morgan Diversified Return International Equity ETF	0.7	37	23	8.6	+1.3
RAYE	Rayliant Quantamental Emerging Market ex-China Equity ETF	0.7	88	-28	9.7	+2.5
DWX	SPDR S&P International Dividend ETF	0.7	45	15	6.2	-1.1
EMM	Global X Emerging Markets ex-China ETF	0.7	75	-15	6.3	-0.9
DNL	WisdomTree Global ex-US Quality Dividend Growth Fund	0.6	42	18	6.7	-0.5
VIDI	Vident International Equity Strategy ETF	0.6	61	-1	11.5	+4.2
VSGX	Vanguard ESG International Stock ETF	0.6	12	48	7.9	+0.7
XT	iShares Exponential Technologies ETF	0.6	46	14	4.9	-2.3
GINX	SGI Enhanced Global Income ETF	0.6	98	-38	7.0	-0.3
KSA	iShares MSCI Saudi Arabia ETF	0.6	74	-14	0.0	-7.2
CCNR	ALPS CoreCommodity Natural Resources ETF	0.5	39	21	11.4	+4.2
GLOF	iShares Global Equity Factor ETF	0.5	20	40	6.9	-0.4
ROBT	First Trust Nasdaq Artificial Intelligence & Robotics ETF	0.5	65	-5	2.3	-4.9
WWJD	Inspire International ETF	0.5	80	-20	7.3	+0.1
FVD	First Trust Value Line Dividend Index Fund	0.4	65	-5	6.4	-0.8
TRFM	AAM Transformers ETF	0.4	49	11	1.6	-5.7
BUYZ	Franklin Disruptive Commerce ETF	0.4	50	10	2.4	-4.9
TOLZ	ProShares DJ Brookfield Global Infrastructure ETF	0.4	46	14	5.5	-1.7
FDTS	First Trust Developed Markets ex-US Small Cap AlphaDEX Fund	0.4	80	-20	11.4	+4.2
TDIV	First Trust NASDAQ Technology Dividend Index Fund	0.4	50	10	5.6	-1.6
FEP	First Trust Europe AlphaDEX Fund	0.3	80	-20	9.4	+2.1
UIVM	VictoryShares International Value Momentum ETF	0.3	35	25	9.1	+1.9
JSTC	Adasina Social Justice All Cap Global ETF	0.3	89	-29	4.9	-2.4
DEW	WisdomTree Global High Dividend Fund	0.3	58	2	8.7	+1.5
APIE	ActivePassive International Equity ETF	0.3	45	15	7.6	+0.3
EXI	iShares Global Industrials ETF	0.2	42	18	4.7	-2.6
AIS	VistaShares Artificial Intelligence Supercycle ETF	0.2	75	-15	3.8	-3.5
DEEF	Xtrackers FTSE Developed ex US Multifactor ETF	0.2	24	36	7.6	+0.3
BLES	Inspire Global Hope ETF	0.2	61	-1	6.9	-0.4
GCOW	Pacer Global Cash Cows Dividend ETF	0.2	60	0	11.0	+3.8
ASHS	Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF	0.2	65	-5	6.1	-1.2
VPL	Vanguard FTSE Pacific ETF	0.1	8	52	7.3	+0.0
JXI	iShares Global Utilities ETF	0.1	43	17	6.0	-1.2
IQSI	IQ Candriam International Equity ETF	0.1	15	45	6.6	-0.6
GRID	First Trust Nasdaq Clean Edge Smart GRID Infrastructure	0.1	58	2	4.8	-2.4
HFXI	IQ FTSE International Equity Currency Neutral ETF	0.1	20	40	7.2	-0.1
FILL	iShares MSCI Global Energy Producers ETF	0.1	39	21	11.9	+4.6
PDN	Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF	0.1	49	11	7.1	-0.2
IMFL	Invesco International Developed Dynamic Multifactor ETF	0.1	34	26	6.0	-1.3
GSID	Goldman Sachs MarketBeta International Equity ETF	0.1	20	40	7.0	-0.3
SPDW	SPDR Portfolio Developed World ex-US ETF	0.1	3	57	7.2	-0.1
FNDC	Schwab Fundamental International Small Co. Index ETF	0.1	39	21	6.0	-1.2
BKIE	BNY Mellon International Equity ETF	0.1	4	56	7.1	-0.2
FNDF	Schwab Fundamental International Large Co. Index ETF	0.1	25	35	9.7	+2.5
IDHQ	Invesco S&P International Developed High Quality ETF	0.0	29	31	6.6	-0.6
SCHF	Schwab International Equity ETF	0.0	6	54	7.4	+0.2
VEA	Vanguard FTSE Developed Markets ETF	0.0	5	55	7.3	+0.1
PXF	Invesco FTSE RAFI Developed Markets ex-U.S. ETF	0.0	45	15	9.0	+1.7
DGS	WisdomTree Emerging Markets SmallCap Dividend Fund	0.0	58	2	9.9	+2.7

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%.

	2020	2021	2022	2023	2024	2025E	2026E
Sales per share	**	**	**	**	**	**	**
Earnings per share	**	**	**	**	**	**	**
Dividends per share	**	**	**	**	**	**	**
Book value per share	**	**	**	**	**	**	**

Sales per share growth		**%	**%	**%	**%	**%	**%
EPS growth		**%	**%	**%	**%	**%	**%

Sales per share growth		**%	**%	**%	**%	**%	**%
EPS growth		**%	**%	**%	**%	**%	**%

Long term EPS growth est.	**%		Debt-to-equity	**x
Asset turnover	**%		Assets-to-equity	**x

	2024	2025E	2026E
Price-to-sales	**	**	**
Price-to-earnings	**	**	**
Price-to-cash flow	**	**	**
Price-to-growth	**	**	**
Price-to-book value	**	**	**
Yield	**	**	**

Forward multiple:	ProShares MSCI Emerging Markets Dividend Growers ETF
Relative to:	S&P500	MSCI EAFE	MSCI Emg. Mkts.	Other ETF:

	Custom date range	Compare to
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