ProShares MSCI Emerging Markets Dividend Growers ETF
ALTAR
Score™		 10.0% info Recommen-
dation		 OVERWEIGHT
2024E    2025E
P/E
ratio		 10.2x P/Sales
ratio		 0.8x
P/BV
ratio		 1.4x Div.
yield		 3.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium 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) $13
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 62
Wgt avg mkt cap (mns) $37,951
Large cap (>$10bn) 54.6%
Mid cap ($2-10bn) 44.3%
Small cap (<$2bn) 1.1%
Developed mkts 7.0%
Emerging mkts 93.0%

TOP TEN HOLDINGS
CHINA COAL ENERGY CO - H 2.2 %
POWER GRID CORP OF INDIA LTD 2.2 %
PERSISTENT SYSTEMS LIMITED 2.2 %
YANZHOU COAL MINING CO-H 2.2 %
HUAIBEI MINING HOLDINGS CO., LTD. 2.1 %
CHINA NATIONAL NUCLEAR POWER CO., 1.9 %
WISTRON CORP 1.9 %
ZHEJIANG DINGLI MACHINERY CO., LTD 1.9 %
MPHASIS LIMITED 1.9 %
INFOSYS TECHNOLOGIES-SP ADR 1.9 %
Total 20.3 %

TOP COUNTRY EXPOSURE
CHINA 44.1 %
INDIA 22.5 %
SOUTH KOREA 6.8 %
TAIWAN 5.3 %
HONG KONG 4.1 %
MEXICO 3.5 %
BRAZIL 3.1 %
SAUDI ARABIA 1.8 %
TURKEY 1.8 %
COLOMBIA 1.8 %

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.
0.6% -3.9% -2.5% -- 3.7%

Market Correlations
versus... Beta R-squared
S&P500 0.47 22%
MSCI EAFE 0.77 54%
MSCI Emg. Mkts. 0.93 83%

Technical Indicators
Recent close $43.28
30d moving avg. $43.22
Annualized volatility 18.0%
Short interest (ETF) 0.1%
Relative strength (RSI) 58

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.3%
Bid/Ask (% of price) 0.55%
ADV underlying (mns) $4,620

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 269 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™: 10.0%


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
(%)
RAYC Rayliant Quantamental China Equity ETF 12.9 80 -20 8.7 -1.3
AFTY Pacer CSOP FTSE China A50 ETF 11.8 70 -10 9.2 -0.8
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 11.5 55 5 8.4 -1.6
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 11.4 65 -5 8.9 -1.1
KALL KraneShares MSCI All China Index ETF 10.5 49 11 9.4 -0.6
CNYA iShares MSCI China A ETF 10.4 60 0 8.6 -1.4
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 9.6 68 -8 8.8 -1.2
DGIN VanEck Digital India ETF 8.6 71 -11 1.6 -8.4
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 8.4 30 30 8.5 -1.5
NFTY First Trust India NIFTY 50 Equal Weight ETF 8.1 80 -20 6.1 -3.9
DEHP Dimensional Emerging Markets High Profitability ETF 7.1 41 19 7.3 -2.7
EDOG ALPS Emerging Sector Dividend Dogs ETF 6.9 60 0 14.7 +4.7
MEM Matthews Emerging Markets Equity Active ETF 6.8 79 -19 5.7 -4.3
INDA iShares MSCI India ETF 6.8 65 -5 3.7 -6.4
FDEM Fidelity Emerging Markets Multifactor ETF 6.7 25 35 11.9 +1.9
PIN Invesco India ETF 6.6 78 -18 3.8 -6.3
BKF iShares MSCI BIC ETF 6.5 69 -9 7.1 -2.9
FLIN Franklin FTSE India ETF 6.5 19 41 5.2 -4.8
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 6.4 32 28 7.6 -2.5
MCH Matthews China Active ETF 6.2 79 -19 6.1 -4.0
EMMF WisdomTree Emerging Markets Multifactor Fund 6.2 48 12 9.4 -0.7
JCHI JPMorgan Active China ETF 6.2 65 -5 7.9 -2.1
NUEM Nuveen ESG Emerging Markets Equity ETF 6.1 36 24 6.8 -3.2
INDY iShares India 50 ETF 6.1 89 -29 3.7 -6.3
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 6.1 45 15 8.6 -1.4
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 6.1 20 40 7.5 -2.5
LDEM iShares ESG MSCI EM Leaders ETF 5.8 17 43 7.7 -2.3
ESGE iShares ESG Aware MSCI EM ETF 5.8 25 35 7.7 -2.3
JHEM John Hancock Multifactor Emerging Markets ETF 5.8 49 11 8.3 -1.7
RNEM First Trust Emerging Markets Equity Select ETF 5.7 75 -15 8.2 -1.8
FLCH Franklin FTSE China ETF 5.7 19 41 9.6 -0.4
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 5.6 50 10 10.5 +0.5
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 5.6 33 27 7.2 -2.9
MCHI iShares MSCI China ETF 5.5 59 1 8.9 -1.1
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 5.4 40 20 7.1 -2.9
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 5.4 24 36 7.1 -2.9
EEMA iShares MSCI Emerging Markets Asia ETF 5.3 49 11 6.7 -3.4
ROAM Hartford Multifactor Emerging Markets ETF 5.3 44 16 11.7 +1.7
GMF SPDR S&P Emerging Asia Pacific ETF 5.3 49 11 6.4 -3.7
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 5.3 44 16 10.3 +0.3
SPEM SPDR Portfolio Emerging Markets ETF 5.2 7 53 7.5 -2.5
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 5.2 66 -6 7.2 -2.8
FLAX Franklin FTSE Asia Ex Japan ETF 5.2 19 41 7.2 -2.9
EPI WisdomTree India Earnings Fund 5.2 85 -25 6.6 -3.4
EEM iShares MSCI Emerging Markets ETF 5.1 69 -9 7.0 -3.1
IGRO iShares International Dividend Growth ETF 5.1 15 45 7.1 -2.9
FEM First Trust Emerging Markets AlphaDEX Fund 5.1 80 -20 16.3 +6.3
AAXJ iShares MSCI All Country Asia ex Japan ETF 5.1 70 -10 6.3 -3.7
FCA First Trust China AlphaDEX Fund 5.1 80 -20 17.6 +7.6
UEVM VictoryShares Emerging Markets Value Momentum ETF 5.1 45 15 12.7 +2.7
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 5.0 32 28 6.3 -3.8
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 5.0 30 30 7.5 -2.5
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 5.0 36 24 7.5 -2.6
BKEM BNY Mellon Emerging Markets Equity ETF 5.0 11 49 7.7 -2.3
EMC Global X Emerging Markets Great Consumer ETF 5.0 75 -15 4.9 -5.2
EYLD Cambria Emerging Shareholder Yield ETF 4.9 66 -6 12.1 +2.1
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 4.8 95 -35 11.4 +1.4
ECON Columbia Emerging Markets Consumer ETF 4.8 49 11 4.8 -5.2
XCEM Columbia EM Core ex-China ETF 4.7 16 44 7.4 -2.7
DFAE Dimensional Emerging Core Equity Market ETF 4.7 35 25 7.7 -2.3
VWO Vanguard FTSE Emerging Markets ETF 4.6 8 52 7.6 -2.4
IEMG iShares Core MSCI Emerging Markets ETF 4.6 9 51 7.5 -2.5
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 4.6 25 35 7.0 -3.0
ILF iShares Latin America 40 ETF 4.6 48 12 10.3 +0.3
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 4.6 18 42 7.9 -2.1
GXC SPDR S&P China ETF 4.5 59 1 9.0 -1.0
FLLA Franklin FTSE Latin America ETF 4.5 19 41 11.7 +1.7
KBUY KraneShares CICC China Consumer Leaders Index ETF 4.5 69 -9 0.0 -10.0
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 4.4 15 45 7.1 -2.9
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 4.4 41 19 7.8 -2.2
AVEM Avantis Emerging Markets Equity ETF 4.4 33 27 9.1 -0.9
PXH Invesco FTSE RAFI Emerging Markets ETF 4.1 49 11 12.4 +2.4
EMGF iShares Emerging Markets Equity Factor ETF 4.1 25 35 8.7 -1.4
GLIN VanEck India Growth Leaders ETF 4.0 77 -17 5.3 -4.7
SCHE Schwab Emerging Markets Equity ETF 4.0 11 49 7.6 -2.4
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 3.9 59 1 9.6 -0.4
MINV Matthews Asia Innovators Active ETF 3.9 79 -19 2.8 -7.2
EMXF iShares ESG Advanced MSCI EM ETF 3.9 16 44 7.4 -2.6
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 3.8 90 -30 7.0 -3.1
VIGI Vanguard International Dividend Appreciation ETF 3.7 15 45 5.6 -4.5
DFEM Dimensional Emerging Markets Core Equity 2 ETF 3.7 38 22 8.2 -1.8
XC WisdomTree Emerging Markets Ex-China Fund 3.7 32 28 6.2 -3.8
EEMO Invesco S&P Emerging Markets Momentum ETF 3.7 29 31 6.2 -3.9
EMXC iShares MSCI Emerging Markets ex China ETF 3.6 25 35 6.7 -3.3
EMM Global X Emerging Markets ex-China ETF 3.6 75 -15 3.7 -6.3
FLMX Franklin FTSE Mexico ETF 3.5 19 41 10.8 +0.8
EWW iShares MSCI Mexico ETF 3.5 50 10 9.7 -0.3
ECOW Pacer Emerging Markets Cash Cows 100 ETF 3.5 70 -10 11.4 +1.4
CHAT Roundhill Generative AI & Technology ETF 3.4 75 -15 4.2 -5.8
KURE KraneShares MSCI All China Health Care Index ETF 3.4 65 -5 3.6 -6.4
NDIA Global X India Active ETF 3.4 75 -15 6.5 -3.5
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 3.2 39 21 12.5 +2.5
STXE Strive Emerging Markets Ex-China ETF 3.1 32 28 6.9 -3.1
BRAZ Global X Brazil Active ETF 3.1 75 -15 10.3 +0.3
EWZ iShares MSCI Brazil ETF 3.1 58 2 11.9 +1.9
FLBR Franklin FTSE Brazil ETF 3.1 19 41 12.4 +2.4
FLN First Trust Latin America AlphaDEX Fund 3.1 80 -20 11.1 +1.1
EWY iShares MSCI South Korea ETF 3.1 58 2 8.5 -1.5
INCO Columbia India Consumer ETF 3.1 75 -15 1.6 -8.4
EDIV SPDR S&P Emerging Markets Dividend ETF 3.0 49 11 10.9 +0.9
GTEK Goldman Sachs Future Tech Leaders Equity ETF 3.0 75 -15 3.2 -6.9
FLKR Franklin FTSE South Korea ETF 2.9 9 51 9.4 -0.6
EMDM First Trust Bloomberg Emerging Market Democracies ETF 2.9 75 -15 9.6 -0.4
OBOR KraneShares MSCI One Belt One Road Index ETF 2.9 79 -19 10.3 +0.3
FLTW Franklin FTSE Taiwan ETF 2.9 19 41 6.0 -4.0
SOCL Global X Social Media ETF 2.9 65 -5 -5.8 -15.8
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 2.9 60 0 0.9 -9.1
FMET Fidelity Metaverse ETF 2.9 39 21 4.4 -5.7
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 2.9 86 -26 1.9 -8.1
FDNI First Trust Dow Jones International Internet ETF 2.9 65 -5 2.8 -7.2
METV Roundhill Ball Metaverse ETF 2.9 59 1 3.4 -6.6
CGXU Capital Group International Focus Equity ETF 2.7 54 6 4.1 -5.9
SDEM Global X MSCI SuperDividend Emerging Markets ETF 2.7 67 -7 17.5 +7.5
EWT iShares MSCI Taiwan ETF 2.6 58 2 5.7 -4.3
FXI iShares China Large-Cap ETF 2.6 74 -14 9.6 -0.4
DEM WisdomTree Emerging Markets High Dividend Fund 2.5 63 -3 12.9 +2.9
CXSE WisdomTree China ex-State-Owned Enterprises Fund 2.5 32 28 5.7 -4.3
CN Xtrackers MSCI All China Equity ETF 2.4 50 10 8.7 -1.4
TCHI iShares MSCI China Multisector Tech ETF 2.4 59 1 3.0 -7.0
CGRO CoreValues Alpha Greater China Growth ETF 2.3 75 -15 2.6 -7.4
AVES Avantis Emerging Markets Value ETF 2.3 36 24 12.1 +2.0
SCHY Schwab International Dividend Equity ETF 2.3 14 46 9.3 -0.8
IQDE FlexShares International Quality Dividend Defensive Index ET 2.2 47 13 10.7 +0.7
AIA iShares Asia 50 ETF 2.2 50 10 6.9 -3.1
LEGR First Trust Indxx Innovative Transaction & Process ETF 2.2 65 -5 8.4 -1.7
ECNS iShares MSCI China Small-Cap ETF 2.1 59 1 14.2 +4.2
TTAI FCF International Quality ETF 2.1 59 1 7.4 -2.6
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.1 47 13 10.3 +0.3
ACWX iShares MSCI ACWI ex U.S. ETF 2.1 34 26 6.7 -3.3
VEU Vanguard FTSE All-World ex-US Index Fund 2.1 8 52 7.2 -2.8
EEMD AAM S&P Emerging Markets High Dividend Value ETF 2.1 49 11 19.0 +9.0
CWI SPDR MSCI ACWI ex-US ETF 2.1 30 30 6.8 -3.2
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 2.0 41 19 6.7 -3.4
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 1.9 42 18 6.8 -3.2
IXP iShares Global Comm Services ETF 1.9 42 18 5.3 -4.7
CIBR First Trust NASDAQ Cybersecurity ETF 1.9 60 0 3.9 -6.1
IXUS iShares Core MSCI Total International Stock ETF 1.8 7 53 6.9 -3.1
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 1.8 88 -28 6.2 -3.8
FM iShares Frontier and Select EM ETF 1.8 80 -20 9.5 -0.5
VXUS Vanguard Total International Stock ETF 1.8 7 53 7.1 -2.9
TUR iShares MSCI Turkey ETF 1.8 58 2 18.6 +8.6
GXG Global X MSCI Colombia ETF 1.7 62 -2 15.2 +5.2
EPU iShares MSCI Peru and Global Exposure ETF 1.7 59 1 5.5 -4.5
DVYE iShares Emerging Markets Dividend ETF 1.7 49 11 16.6 +6.6
CQQQ Invesco China Technology ETF 1.7 70 -10 -5.7 -15.7
LNGG Roundhill Alerian LNG ETF 1.7 65 -5 8.5 -1.5
FRDM Freedom 100 Emerging Markets ETF 1.7 49 11 7.3 -2.7
FPAG FPA Global Equity ETF 1.7 49 11 5.7 -4.4
KOCG FIS Knights of Columbus Global Belief ETF 1.7 75 -15 5.3 -4.7
SDIV Global X Superdividend ETF 1.7 58 2 17.6 +7.6
EZA iShares MSCI South Africa ETF 1.7 58 2 11.4 +1.4
IQDF FlexShares International Quality Dividend Index Fund 1.7 47 13 10.7 +0.7
EPHE iShares MSCI Philippines ETF 1.6 59 1 8.9 -1.1
GREK Global X MSCI Greece ETF 1.6 57 3 -1.6 -11.6
IWTR iShares MSCI Water Management Multisector ETF 1.6 47 13 4.8 -5.2
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 1.6 68 -8 5.3 -4.8
LUX Tema Luxury ETF 1.6 75 -15 3.3 -6.7
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 1.6 20 40 10.7 +0.7
WTAI WisdomTree Artificial Intelligence and Innovation Fund 1.5 45 15 1.4 -8.7
KPOP KPOP and Korean Entertainment ETF 1.5 75 -15 -9.1 -19.1
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 1.5 86 -26 1.9 -8.1
VIDI Vident International Equity Strategy ETF 1.4 61 -1 11.9 +1.9
MOTI VanEck Morningstar International Moat ETF 1.4 58 2 6.9 -3.1
MRAD SmartETFs Advertising & Marketing Technology ETF 1.4 68 -8 4.2 -5.8
IVRS iShares Future Metaverse Tech and Communications ETF 1.4 47 13 -5.3 -15.3
GBUY Goldman Sachs Future Consumer Equity ETF 1.4 75 -15 3.1 -6.9
AIQ Global X Artificial Intelligence & Technology ETF 1.4 68 -8 4.2 -5.9
IWFH iShares Virtual Work and Life Multisector ETF 1.4 47 13 -3.5 -13.5
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.4 61 -1 -4.0 -14.0
EMFQ Amplify Emerging Markets FinTech ETF 1.4 69 -9 5.4 -4.6
JIG JPMorgan International Growth ETF 1.4 55 5 4.3 -5.7
GGME Invesco Next Gen Media and Gaming ETF 1.4 60 0 4.1 -5.9
ARVR First Trust Indxx Metaverse ETF 1.4 70 -10 2.5 -7.5
KOIN Capital Link Global Fintech Leaders ETF 1.4 75 -15 4.6 -5.4
BWEB Bitwise Web3 ETF 1.4 85 -25 0.9 -9.1
ESPO VanEck Video Gaming and eSports ETF 1.4 56 4 4.5 -5.5
KTEC KraneShares Hang Seng TECH Index ETF 1.4 69 -9 -3.9 -13.9
ANEW ProShares MSCI Transformational Changes ETF 1.4 45 15 3.3 -6.7
ODDS Pacer BlueStar Digital Entertainment ETF 1.4 60 0 3.0 -7.0
KWEB KraneShares CSI China Internet ETF 1.4 69 -9 -0.7 -10.7
ISHP First Trust Nasdaq Retail ETF 1.3 60 0 3.2 -6.9
PID Invesco International Dividend Achievers ETF 1.3 53 7 6.7 -3.3
RODE Hartford Multifactor Diversified International ETF 1.3 29 31 11.5 +1.5
IVES Wedbush ETFMG Global Cloud Technology ETF 1.3 68 -8 1.4 -8.6
DFEV Dimensional Emerging Markets Value ETF 1.2 43 17 10.9 +0.9
ACWV iShares MSCI Global Min Vol Factor ETF 1.2 20 40 6.7 -3.3
NXTG First Trust Indxx NextG ETF 1.2 70 -10 6.0 -4.0
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 1.2 80 -20 10.0 -0.0
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.2 30 30 7.8 -2.2
DGT SPDR Global Dow ETF 1.1 50 10 6.7 -3.4
SATO Invesco Alerian Galaxy Crypto Economy ETF 1.1 61 -1 -13.0 -23.0
KSA iShares MSCI Saudi Arabia ETF 1.1 74 -14 5.6 -4.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.1 20 40 5.6 -4.4
WRND IQ Global Equity R&D Leaders ETF 1.1 18 42 7.2 -2.8
OGIG ALPS O'Shares Global Internet Giants ETF 1.1 48 12 0.5 -9.6
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 1.0 65 -5 6.3 -3.7
BNE Blue Horizon BNE ETF 1.0 87 -27 5.0 -5.0
IOO iShares Global 100 ETF 1.0 41 19 4.8 -5.2
VYMI Vanguard International High Dividend Yield ETF 1.0 22 38 9.7 -0.3
FLSA Franklin FTSE Saudi Arabia ETF 1.0 39 21 5.7 -4.3
VSGX Vanguard ESG International Stock ETF 0.9 12 48 6.8 -3.2
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.9 12 48 5.1 -4.9
MOTG VanEck Morningstar Global Wide Moat ETF 0.9 52 8 5.8 -4.2
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 0.9 47 13 0.7 -9.4
UIVM VictoryShares International Value Momentum ETF 0.9 35 25 10.7 +0.7
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.9 75 -15 5.2 -4.8
JPIN J.P. Morgan Diversified Return International Equity ETF 0.9 37 23 8.7 -1.3
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.8 65 -5 1.6 -8.4
EELV Invesco S&P Emerging Markets Low Volatility ETF 0.8 29 31 8.3 -1.7
ACWI iShares MSCI ACWI ETF 0.8 32 28 5.5 -4.5
AQWA Global X Clean Water ETF 0.8 50 10 4.3 -5.7
VT Vanguard Total World Stock ETF 0.7 7 53 5.8 -4.2
FEUZ First Trust Eurozone AlphaDEX ETF 0.7 80 -20 8.3 -1.7
WUGI AXS Esoterica NextG Economy ETF 0.7 75 -15 2.1 -7.9
GLOF iShares Global Equity Factor ETF 0.7 20 40 7.1 -3.0
JSTC Adasina Social Justice All Cap Global ETF 0.6 89 -29 4.8 -5.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.6 9 51 5.7 -4.3
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.6 45 15 6.2 -3.8
MVPS Amplify Thematic All-Stars ETF 0.6 49 11 1.7 -8.4
GINN Goldman Sachs Innovate Equity ETF 0.6 52 8 2.7 -7.3
FVD First Trust Value Line Dividend Index Fund 0.6 65 -5 6.0 -4.0
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.6 46 14 5.6 -4.5
UMMA Wahed Dow Jones Islamic World ETF 0.5 65 -5 4.3 -5.7
FEP First Trust Europe AlphaDEX Fund 0.5 80 -20 8.6 -1.4
CHIQ Global X MSCI China Consumer Discretionary ETF 0.5 65 -5 5.3 -4.7
BTEK Future Tech ETF 0.5 88 -28 2.1 -7.9
WWJD Inspire International ETF 0.5 80 -20 7.1 -2.9
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.5 80 -20 14.2 +4.2
SDG iShares MSCI Global Sustainable Development Goals ETF 0.5 49 11 5.8 -4.2
DEW WisdomTree Global High Dividend Fund 0.4 58 2 9.1 -0.9
GLIF AGF Global Infrastructure ETF 0.4 45 15 5.5 -4.5
JRNY ALPS Global Travel Beneficiaries ETF 0.4 65 -5 0.0 -10.0
APIE ActivePassive International Equity ETF 0.4 45 15 7.7 -2.3
TPIF Timothy Plan International ETF 0.4 62 -2 6.7 -3.3
VPL Vanguard FTSE Pacific ETF 0.4 8 52 7.0 -3.1
EXI iShares Global Industrials ETF 0.3 42 18 4.7 -5.4
FTRI First Trust Indxx Global Natural Resources Income ETF 0.3 70 -10 10.6 +0.6
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 0.3 51 9 6.8 -3.2
CIL VictoryShares International Volatility Wtd ETF 0.3 45 15 6.9 -3.2
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.3 50 10 5.8 -4.2
FILL iShares MSCI Global Energy Producers ETF 0.3 39 21 9.0 -1.0
BLES Inspire Global Hope ETF 0.2 61 -1 6.3 -3.7
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.2 80 -20 10.8 +0.7
HFXI IQ FTSE International Equity Currency Neutral ETF 0.2 20 40 6.8 -3.2
BUYZ Franklin Disruptive Commerce ETF 0.2 50 10 2.1 -7.9
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.2 70 -10 7.2 -2.8
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.2 46 14 8.8 -1.2
SPDW SPDR Portfolio Developed World ex-US ETF 0.2 3 57 6.9 -3.1
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 -5 7.7 -2.3
SCHF Schwab International Equity ETF 0.1 6 54 7.0 -3.0
JXI iShares Global Utilities ETF 0.1 43 17 6.7 -3.3
VEA Vanguard FTSE Developed Markets ETF 0.1 5 55 7.0 -3.0
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.1 58 2 4.6 -5.5
KXI iShares Global Consumer Staples ETF 0.1 41 19 5.6 -4.4
GCOW Pacer Global Cash Cows Dividend ETF 0.1 60 0 13.6 +3.6
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.1 10 50 8.2 -1.9
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.1 24 36 8.6 -1.4
IDHQ Invesco S&P International Developed High Quality ETF 0.1 29 31 5.8 -4.2
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 11 6.7 -3.3
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.1 12 48 8.7 -1.3
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 13 5.9 -4.1
FNDC Schwab Fundamental International Small Co. Index ETF 0.1 39 21 6.9 -3.1
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.1 45 15 8.5 -1.5
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 7 53 6.5 -3.5
FNDF Schwab Fundamental International Large Co. Index ETF 0.1 25 35 9.1 -0.9
IQSI IQ Candriam International Equity ETF 0.1 15 45 6.4 -3.6
GSID Goldman Sachs MarketBeta International Equity ETF 0.0 20 40 6.7 -3.4
BKIE BNY Mellon International Equity ETF 0.0 4 56 6.9 -3.1
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.0 58 2 10.1 +0.1

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:		 ProShares MSCI Emerging Markets Dividend Growers 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 14.6 %
Divided by: Fwd. P/BV 1.4 x
Less: Expense ratio 60 bp
Equals: ALTAR Score 10.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.40 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.