iShares MSCI Emerging Markets ex China ETF
ALTAR
Score™		 6.7% info Recommen-
dation		 UNDERWEIGHT
2024E    2025E
P/E
ratio		 13.6x P/Sales
ratio		 1.4x
P/BV
ratio		 1.8x Div.
yield		 2.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares MSCI Emerging Markets ex China ETF tracks a market-cap- weighted index of emerging-market firms, excluding China. The index covers 85% of the universe by market cap.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor BlackRock
Website www.ishares.com
Inception date Jul 18, 2017
Assets (mns) $12,651
Currency USD
Expense ratio 25 bp
Distributions Semi-Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Market Cap
Index replication
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 698
Wgt avg mkt cap (mns) $133,066
Large cap (>$10bn) 75.8%
Mid cap ($2-10bn) 23.3%
Small cap (<$2bn) 0.1%
Developed mkts 0.9%
Emerging mkts 99.1%

TOP TEN HOLDINGS
TAIWAN SEMICONDUCTOR MANUFAC 11.0 %
SAMSUNG ELECTRONICS CO LTD 5.2 %
RELIANCE INDUSTRIES LTD 2.1 %
HYNIX SEMICONDUCTOR INC 1.3 %
ICICI BANK LTD 1.3 %
INFOSYS TECHNOLOGIES LTD 1.1 %
HON HAI PRECISION INDUSTRY 1.1 %
HDFC BANK LIMITED 1.0 %
MEDIATEK INC 0.9 %
AL RAJHI BANK 0.8 %
Total 25.7 %

TOP COUNTRY EXPOSURE
INDIA 23.0 %
TAIWAN 22.9 %
SOUTH KOREA 16.1 %
BRAZIL 6.8 %
SAUDI ARABIA 5.8 %
MEXICO 3.2 %
SOUTH AFRICA 2.8 %
INDONESIA 2.2 %
THAILAND 2.0 %
MALAYSIA 1.9 %

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.
0.8% 15.3% 5.1% -- 3.8%

Market Correlations
versus... Beta R-squared
S&P500 0.84 76%
MSCI EAFE 0.93 86%
MSCI Emg. Mkts. 0.85 76%

Technical Indicators
Recent close $56.10
30d moving avg. $52.41
Annualized volatility 17.1%
Short interest (ETF) 0.0%
Relative strength (RSI) 73

Liquidity measures
Avg. volume (thou.) 1,896
Turnover 0.8%
Bid/Ask (% of price) 0.03%
ADV underlying (mns) $23,080

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 452 potential alternatives to the iShares MSCI Emerging Markets ex China ETF ETF based on the alternatives' overlap in portfolio holdings with EMXC. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EMXC Expense: 25 bp ALTAR Score™: 6.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EMXC
Ticker Fund
Name		 Overlap1
vs EMXC
(%)		 Expense
ratio
(bp)		 Savings
vs EMXC
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EMXC
(%)
STXE Strive Emerging Markets Ex-China ETF 72.9 32 -7 6.9 +0.2
EEM iShares MSCI Emerging Markets ETF 71.0 69 -44 7.0 +0.3
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 69.1 66 -41 7.2 +0.5
BKEM BNY Mellon Emerging Markets Equity ETF 66.9 11 14 7.7 +1.0
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 66.2 36 -11 7.5 +0.8
JHEM John Hancock Multifactor Emerging Markets ETF 66.0 49 -24 8.3 +1.7
XC WisdomTree Emerging Markets Ex-China Fund 65.5 32 -7 6.2 -0.5
EEMA iShares MSCI Emerging Markets Asia ETF 65.3 49 -24 6.7 -0.0
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 64.7 30 -5 7.5 +0.8
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 62.1 15 10 7.1 +0.4
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 61.8 24 1 7.1 +0.5
IEMG iShares Core MSCI Emerging Markets ETF 60.5 9 16 7.5 +0.9
AAXJ iShares MSCI All Country Asia ex Japan ETF 60.0 70 -45 6.3 -0.4
SCHE Schwab Emerging Markets Equity ETF 58.3 11 14 7.6 +0.9
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 55.3 45 -20 8.6 +1.9
FLAX Franklin FTSE Asia Ex Japan ETF 55.1 19 6 7.2 +0.5
XCEM Columbia EM Core ex-China ETF 54.5 16 9 7.4 +0.7
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 54.2 32 -7 6.3 -0.4
DFAE Dimensional Emerging Core Equity Market ETF 53.7 35 -10 7.7 +1.0
VWO Vanguard FTSE Emerging Markets ETF 52.6 8 17 7.6 +0.9
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 50.1 20 5 7.5 +0.8
ESGE iShares ESG Aware MSCI EM ETF 49.0 25 0 7.7 +1.0
EMXF iShares ESG Advanced MSCI EM ETF 48.1 16 9 7.4 +0.8
EMGF iShares Emerging Markets Equity Factor ETF 48.1 25 0 8.7 +2.0
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 47.5 32 -7 7.6 +0.9
LDEM iShares ESG MSCI EM Leaders ETF 45.7 17 8 7.7 +1.1
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 44.6 33 -8 7.2 +0.5
EMDM First Trust Bloomberg Emerging Market Democracies ETF 44.1 75 -50 9.6 +2.9
SPEM SPDR Portfolio Emerging Markets ETF 44.1 7 18 7.5 +0.8
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 43.8 30 -5 8.5 +1.9
DFEM Dimensional Emerging Markets Core Equity 2 ETF 41.9 38 -13 8.2 +1.5
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 41.5 59 -34 9.6 +2.9
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 39.9 50 -25 10.5 +3.9
PXH Invesco FTSE RAFI Emerging Markets ETF 39.2 49 -24 12.4 +5.7
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 38.9 39 -14 12.5 +5.9
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 38.3 41 -16 7.8 +1.1
DEHP Dimensional Emerging Markets High Profitability ETF 38.3 41 -16 7.3 +0.6
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 36.9 18 7 7.9 +1.2
EMMF WisdomTree Emerging Markets Multifactor Fund 32.5 48 -23 9.4 +2.7
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 32.1 88 -63 6.2 -0.5
NUEM Nuveen ESG Emerging Markets Equity ETF 31.8 36 -11 6.8 +0.1
AVEM Avantis Emerging Markets Equity ETF 31.6 33 -8 9.1 +2.4
BKF iShares MSCI BIC ETF 30.1 69 -44 7.1 +0.4
GMF SPDR S&P Emerging Asia Pacific ETF 30.0 49 -24 6.4 -0.3
DFEV Dimensional Emerging Markets Value ETF 29.9 43 -18 10.9 +4.2
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 29.4 44 -19 10.3 +3.6
ROAM Hartford Multifactor Emerging Markets ETF 29.0 44 -19 11.7 +5.0
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 27.5 40 -15 7.1 +0.5
RNEM First Trust Emerging Markets Equity Select ETF 27.4 75 -50 8.2 +1.6
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 27.1 25 0 7.0 +0.4
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 26.2 95 -70 11.4 +4.7
AIA iShares Asia 50 ETF 26.1 50 -25 6.9 +0.2
INDA iShares MSCI India ETF 23.1 65 -40 3.7 -3.0
EWT iShares MSCI Taiwan ETF 22.9 58 -33 5.7 -0.9
FLTW Franklin FTSE Taiwan ETF 22.8 19 6 6.0 -0.7
MINV Matthews Asia Innovators Active ETF 22.6 79 -54 2.8 -3.8
FLIN Franklin FTSE India ETF 22.5 19 6 5.2 -1.5
FDEM Fidelity Emerging Markets Multifactor ETF 21.7 25 0 11.9 +5.3
PIN Invesco India ETF 20.5 78 -53 3.8 -2.9
EPI WisdomTree India Earnings Fund 20.3 85 -60 6.6 -0.1
EELV Invesco S&P Emerging Markets Low Volatility ETF 20.2 29 -4 8.3 +1.6
FRDM Freedom 100 Emerging Markets ETF 20.0 49 -24 7.3 +0.7
ACWX iShares MSCI ACWI ex U.S. ETF 20.0 34 -9 6.7 +0.0
AVES Avantis Emerging Markets Value ETF 19.8 36 -11 12.1 +5.4
EEMO Invesco S&P Emerging Markets Momentum ETF 19.2 29 -4 6.2 -0.5
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 19.0 41 -16 6.7 -0.0
VSGX Vanguard ESG International Stock ETF 17.9 12 13 6.8 +0.2
IXUS iShares Core MSCI Total International Stock ETF 17.4 7 18 6.9 +0.2
VEU Vanguard FTSE All-World ex-US Index Fund 17.0 8 17 7.2 +0.5
VXUS Vanguard Total International Stock ETF 16.8 7 18 7.1 +0.5
INDY iShares India 50 ETF 16.7 89 -64 3.7 -3.0
NFTY First Trust India NIFTY 50 Equal Weight ETF 16.6 80 -55 6.1 -0.6
VYMI Vanguard International High Dividend Yield ETF 16.5 22 3 9.7 +3.0
EMC Global X Emerging Markets Great Consumer ETF 16.2 75 -50 4.9 -1.8
KNCT Invesco Next Gen Connectivity ETF 16.0 40 -15 5.9 -0.8
FLKR Franklin FTSE South Korea ETF 15.9 9 16 9.4 +2.7
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 15.8 20 5 10.7 +4.0
DEM WisdomTree Emerging Markets High Dividend Fund 15.8 63 -38 12.9 +6.2
EWY iShares MSCI South Korea ETF 15.5 58 -33 8.5 +1.8
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 14.5 42 -17 6.8 +0.1
MEM Matthews Emerging Markets Equity Active ETF 12.9 79 -54 5.7 -0.9
DFAX Dimensional World ex U.S. Core Equity 2 ETF 12.8 30 -5 7.8 +1.1
CWI SPDR MSCI ACWI ex-US ETF 12.8 30 -5 6.8 +0.1
EMM Global X Emerging Markets ex-China ETF 12.4 75 -50 3.7 -3.0
ACWV iShares MSCI Global Min Vol Factor ETF 11.9 20 5 6.7 +0.0
FLLA Franklin FTSE Latin America ETF 10.9 19 6 11.7 +5.0
VPL Vanguard FTSE Pacific ETF 10.9 8 17 7.0 +0.3
FEM First Trust Emerging Markets AlphaDEX Fund 10.6 80 -55 16.3 +9.6
DEW WisdomTree Global High Dividend Fund 9.7 58 -33 9.1 +2.4
RODE Hartford Multifactor Diversified International ETF 8.5 29 -4 11.5 +4.9
IWTR iShares MSCI Water Management Multisector ETF 8.5 47 -22 4.8 -1.8
CGXU Capital Group International Focus Equity ETF 8.3 54 -29 4.1 -2.5
IXN iShares Global Tech ETF 8.3 41 -16 4.3 -2.3
UEVM VictoryShares Emerging Markets Value Momentum ETF 8.2 45 -20 12.7 +6.0
CRBN iShares MSCI ACWI Low Carbon Target ETF 7.7 20 5 5.6 -1.1
ACWI iShares MSCI ACWI ETF 7.4 32 -7 5.5 -1.2
IQDF FlexShares International Quality Dividend Index Fund 7.3 47 -22 10.7 +4.0
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 7.1 90 -65 7.0 +0.3
FLBR Franklin FTSE Brazil ETF 6.9 19 6 12.4 +5.7
EWZ iShares MSCI Brazil ETF 6.9 58 -33 11.9 +5.2
VIDI Vident International Equity Strategy ETF 6.8 61 -36 11.9 +5.2
NDIA Global X India Active ETF 6.7 75 -50 6.5 -0.2
NXTG First Trust Indxx NextG ETF 6.7 70 -45 6.0 -0.7
GLOF iShares Global Equity Factor ETF 6.7 20 5 7.1 +0.4
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 6.7 12 13 5.1 -1.6
IQDE FlexShares International Quality Dividend Defensive Index ET 6.5 47 -22 10.7 +4.0
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 6.4 60 -35 0.9 -5.7
EDIV SPDR S&P Emerging Markets Dividend ETF 6.3 49 -24 10.9 +4.2
CARZ First Trust NASDAQ Global Auto Index Fund 6.3 70 -45 3.5 -3.2
GGME Invesco Next Gen Media and Gaming ETF 6.2 60 -35 4.1 -2.6
FNDF Schwab Fundamental International Large Co. Index ETF 6.2 25 0 9.1 +2.4
VT Vanguard Total World Stock ETF 6.1 7 18 5.8 -0.8
FLN First Trust Latin America AlphaDEX Fund 5.8 80 -55 11.1 +4.4
KSA iShares MSCI Saudi Arabia ETF 5.8 74 -49 5.6 -1.1
FLSA Franklin FTSE Saudi Arabia ETF 5.8 39 -14 5.7 -0.9
IQDY FlexShares International Quality Dividend Dynamic Index Fund 5.7 47 -22 10.3 +3.6
WWJD Inspire International ETF 5.7 80 -55 7.1 +0.5
WRND IQ Global Equity R&D Leaders ETF 5.7 18 7 7.2 +0.5
VIGI Vanguard International Dividend Appreciation ETF 5.6 15 10 5.6 -1.1
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 5.5 80 -55 10.0 +3.3
FILL iShares MSCI Global Energy Producers ETF 5.5 39 -14 9.0 +2.3
ECOW Pacer Emerging Markets Cash Cows 100 ETF 5.3 70 -45 11.4 +4.7
ECON Columbia Emerging Markets Consumer ETF 5.3 49 -24 4.8 -1.9
DINT Davis Select International ETF 5.2 55 -30 4.7 -2.0
CHAT Roundhill Generative AI & Technology ETF 5.2 75 -50 4.2 -2.4
HFXI IQ FTSE International Equity Currency Neutral ETF 5.2 20 5 6.8 +0.1
INDF Nifty India Financials ETF 5.2 75 -50 6.0 -0.7
BLES Inspire Global Hope ETF 5.1 61 -36 6.3 -0.4
FMET Fidelity Metaverse ETF 4.9 39 -14 4.4 -2.3
IGRO iShares International Dividend Growth ETF 4.8 15 10 7.1 +0.4
GBUY Goldman Sachs Future Consumer Equity ETF 4.8 75 -50 3.1 -3.6
AIQ Global X Artificial Intelligence & Technology ETF 4.7 68 -43 4.2 -2.5
FBZ First Trust Brazil AlphaDEX Fund 4.5 80 -55 11.9 +5.3
JSTC Adasina Social Justice All Cap Global ETF 4.4 89 -64 4.8 -1.9
UMMA Wahed Dow Jones Islamic World ETF 4.4 65 -40 4.3 -2.4
ILF iShares Latin America 40 ETF 4.4 48 -23 10.3 +3.6
INCO Columbia India Consumer ETF 4.4 75 -50 1.6 -5.1
SCHY Schwab International Dividend Equity ETF 4.3 14 11 9.3 +2.6
ASEA Global X FTSE Southeast Asia ETF 4.3 65 -40 6.5 -0.2
GVAL Cambria Global Value ETF 4.3 68 -43 12.3 +5.7
SCHF Schwab International Equity ETF 4.3 6 19 7.0 +0.3
DSTX Distillate International Fundamental Stability & Value ETF 4.3 55 -30 8.0 +1.4
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 4.2 45 -20 8.5 +1.8
CLNR IQ Cleaner Transport ETF 4.2 45 -20 8.3 +1.6
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 4.1 46 -21 8.8 +2.1
VEA Vanguard FTSE Developed Markets ETF 4.1 5 20 7.0 +0.3
SDEM Global X MSCI SuperDividend Emerging Markets ETF 4.0 67 -42 17.5 +10.8
EYLD Cambria Emerging Shareholder Yield ETF 4.0 66 -41 12.1 +5.4
XT iShares Exponential Technologies ETF 4.0 46 -21 3.9 -2.8
DVYE iShares Emerging Markets Dividend ETF 4.0 49 -24 16.6 +9.9
GLIN VanEck India Growth Leaders ETF 3.9 77 -52 5.3 -1.4
DWLD Davis Select Worldwide ETF 3.9 63 -38 5.6 -1.1
JPIN J.P. Morgan Diversified Return International Equity ETF 3.9 37 -12 8.7 +2.0
LEGR First Trust Indxx Innovative Transaction & Process ETF 3.9 65 -40 8.4 +1.7
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 3.7 86 -61 1.9 -4.7
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 3.7 86 -61 1.9 -4.7
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 3.6 60 -35 10.0 +3.3
PICK iShares MSCI Global Metals & Mining Producers ETF 3.6 39 -14 11.0 +4.3
IMFL Invesco International Developed Dynamic Multifactor ETF 3.6 34 -9 10.6 +4.0
FDT First Trust Developed Markets ex-US AlphaDEX Fund 3.6 80 -55 10.8 +4.1
UIVM VictoryShares International Value Momentum ETF 3.5 35 -10 10.7 +4.0
MOTI VanEck Morningstar International Moat ETF 3.5 58 -33 6.9 +0.3
EDOG ALPS Emerging Sector Dividend Dogs ETF 3.4 60 -35 14.7 +8.0
METV Roundhill Ball Metaverse ETF 3.3 59 -34 3.4 -3.3
FLMX Franklin FTSE Mexico ETF 3.2 19 6 10.8 +4.1
EWW iShares MSCI Mexico ETF 3.2 50 -25 9.7 +3.0
TPIF Timothy Plan International ETF 3.2 62 -37 6.7 +0.0
WTAI WisdomTree Artificial Intelligence and Innovation Fund 3.1 45 -20 1.4 -5.3
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 3.1 24 1 8.6 +1.9
EEMD AAM S&P Emerging Markets High Dividend Value ETF 3.1 49 -24 19.0 +12.3
INQQ India Internet & Ecommerce ETF 2.9 86 -61 10.8 +4.1
EZA iShares MSCI South Africa ETF 2.9 58 -33 11.4 +4.7
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 2.7 51 -26 6.8 +0.1
CIL VictoryShares International Volatility Wtd ETF 2.7 45 -20 6.9 +0.2
DGIN VanEck Digital India ETF 2.6 71 -46 1.6 -5.1
SPDW SPDR Portfolio Developed World ex-US ETF 2.5 3 22 6.9 +0.2
MOTG VanEck Morningstar Global Wide Moat ETF 2.4 52 -27 5.8 -0.9
BTEK Future Tech ETF 2.4 88 -63 2.1 -4.6
GTEK Goldman Sachs Future Tech Leaders Equity ETF 2.4 75 -50 3.2 -3.5
TTAI FCF International Quality ETF 2.4 59 -34 7.4 +0.7
CGGO Capital Group Global Growth Equity ETF 2.4 47 -22 4.3 -2.4
AFK VanEck Africa Index ETF 2.3 98 -73 10.0 +3.4
EIDO iShares MSCI Indonesia ETF 2.2 59 -34 7.6 +0.9
BNE Blue Horizon BNE ETF 2.2 87 -62 5.0 -1.7
IDX VanEck Indonesia Index ETF 2.0 57 -32 7.9 +1.2
THD iShares MSCI Thailand ETF 2.0 58 -33 5.8 -0.9
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 2.0 45 -20 6.2 -0.4
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 2.0 49 -24 6.7 +0.0
JIG JPMorgan International Growth ETF 1.9 55 -30 4.3 -2.4
DGT SPDR Global Dow ETF 1.9 50 -25 6.7 -0.0
EWM iShares MSCI Malaysia ETF 1.9 50 -25 5.7 -1.0
QINT American Century Quality Diversified International ETF 1.9 39 -14 7.4 +0.7
ADIV SmartETFs Asia Pacific Dividend Builder ETF 1.9 78 -53 8.8 +2.2
IGPT Invesco AI and Next Gen Software ETF 1.9 60 -35 3.8 -2.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.9 9 16 5.7 -1.0
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.8 45 -20 4.9 -1.8
FNDC Schwab Fundamental International Small Co. Index ETF 1.7 39 -14 6.9 +0.2
SDG iShares MSCI Global Sustainable Development Goals ETF 1.7 49 -24 5.8 -0.9
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 1.7 58 -33 10.1 +3.5
IXG iShares Global Financials ETF 1.7 42 -17 6.8 +0.2
MXI iShares Global Materials ETF 1.6 41 -16 6.6 -0.0
UAE iShares MSCI UAE ETF 1.6 59 -34 9.0 +2.3
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 1.6 47 -22 5.9 -0.7
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.5 61 -36 -4.0 -10.7
BRAZ Global X Brazil Active ETF 1.5 75 -50 10.3 +3.6
DRIV Global X Autonomous & Electric Vehicles ETF 1.4 68 -43 3.4 -3.3
KOIN Capital Link Global Fintech Leaders ETF 1.4 75 -50 4.6 -2.1
FM iShares Frontier and Select EM ETF 1.4 80 -55 9.5 +2.8
EPOL iShares MSCI Poland ETF 1.3 59 -34 10.5 +3.8
LOUP Innovator Deepwater Frontier Tech ETF 1.3 70 -45 2.3 -4.4
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.3 65 -40 1.6 -5.1
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 1.3 68 -43 8.8 +2.1
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 1.3 47 -22 0.7 -6.0
DWX SPDR S&P International Dividend ETF 1.3 45 -20 7.1 +0.4
OBOR KraneShares MSCI One Belt One Road Index ETF 1.3 79 -54 10.3 +3.7
CGUS Capital Group Core Equity ETF 1.3 33 -8 4.7 -2.0
QTUM Defiance Quantum ETF 1.3 40 -15 3.9 -2.8
IOO iShares Global 100 ETF 1.2 41 -16 4.8 -1.9
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.2 56 -31 13.9 +7.2
KXI iShares Global Consumer Staples ETF 1.1 41 -16 5.6 -1.1
QAT iShares MSCI Qatar ETF 1.1 59 -34 9.3 +2.6
GINN Goldman Sachs Innovate Equity ETF 1.1 52 -27 2.7 -4.0
SNSR Global X Internet of Things ETF 1.1 68 -43 4.3 -2.4
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.1 12 13 8.7 +2.0
EV Mast Global Battery Recycling & Production ETF 1.1 65 -40 12.8 +6.1
SATO Invesco Alerian Galaxy Crypto Economy ETF 1.0 61 -36 -13.0 -19.7
TUR iShares MSCI Turkey ETF 1.0 58 -33 18.6 +12.0
SDIV Global X Superdividend ETF 1.0 58 -33 17.6 +11.0
IDAT iShares Future Cloud 5G and Tech ETF 1.0 47 -22 4.5 -2.1
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.0 72 -47 2.2 -4.5
RXI iShares Global Consumer Discretionary ETF 1.0 41 -16 5.5 -1.1
ICOW Pacer Developed Markets International Cash Cows 100 ETF 1.0 65 -40 12.8 +6.1
MOTO SmartETFs Smart Transportation & Technology ETF 1.0 68 -43 6.6 -0.1
GCOW Pacer Global Cash Cows Dividend ETF 0.9 60 -35 13.6 +7.0
IPKW Invesco International BuyBack Achievers ETF 0.8 55 -30 9.1 +2.4
GMET VanEck Green Metals ETF 0.8 63 -38 9.8 +3.1
EPHE iShares MSCI Philippines ETF 0.8 59 -34 8.9 +2.3
IDV iShares International Select Dividend ETF 0.8 51 -26 12.3 +5.7
HAP VanEck Natural Resources ETF 0.8 50 -25 9.5 +2.8
BATT Amplify Lithium & Battery Technology ETF 0.8 59 -34 2.9 -3.8
FTAG First Trust Indxx Global Agriculture ETF 0.8 70 -45 9.1 +2.5
IDRV iShares Self-driving EV & Tech ETF 0.8 47 -22 -0.5 -7.2
NTZG Nuveen Global Net Zero Transition ETF 0.8 56 -31 4.9 -1.8
IDHQ Invesco S&P International Developed High Quality ETF 0.8 29 -4 5.8 -0.9
AGQI First Trust Active Global Quality Income ETF 0.8 85 -60 5.8 -0.8
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.7 58 -33 4.6 -2.1
VEGI iShares MSCI Agriculture Producers ETF 0.7 39 -14 9.2 +2.6
FID First Trust S&P International Dividend Aristocrats ETF 0.7 60 -35 9.8 +3.2
WDIV SPDR S&P Global Dividend ETF 0.7 40 -15 10.2 +3.6
IVRS iShares Future Metaverse Tech and Communications ETF 0.7 47 -22 -5.3 -12.0
MVPS Amplify Thematic All-Stars ETF 0.7 49 -24 1.7 -5.0
CRAK VanEck Oil Refiners ETF 0.7 61 -36 13.1 +6.4
GREK Global X MSCI Greece ETF 0.7 57 -32 -1.6 -8.3
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.7 80 -55 5.6 -1.0
CID VictoryShares International High Div Volatility Wtd ETF 0.7 45 -20 9.5 +2.8
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.6 10 15 8.2 +1.5
FDNI First Trust Dow Jones International Internet ETF 0.6 65 -40 2.8 -3.9
ECH iShares MSCI Chile ETF 0.6 58 -33 10.7 +4.1
OSEA Harbor International Compounders ETF 0.6 55 -30 3.7 -3.0
KPOP KPOP and Korean Entertainment ETF 0.6 75 -50 -9.1 -15.7
IXP iShares Global Comm Services ETF 0.6 42 -17 5.3 -1.4
ROBO ROBO Global Robotics & Automation Index ETF 0.6 95 -70 2.8 -3.8
LIT Global X Lithium & Battery Tech ETF 0.6 75 -50 10.2 +3.6
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.6 39 -14 -3.5 -10.2
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.6 79 -54 5.1 -1.5
BBEU JPMorgan BetaBuilders Europe ETF 0.6 9 16 6.7 +0.0
SPEU SPDR Portfolio Europe ETF 0.6 7 18 6.6 -0.1
SOCL Global X Social Media ETF 0.5 65 -40 -5.8 -12.4
EPU iShares MSCI Peru and Global Exposure ETF 0.5 59 -34 5.5 -1.2
VGK Vanguard FTSE Europe ETF 0.5 11 14 6.8 +0.1
FTRI First Trust Indxx Global Natural Resources Income ETF 0.5 70 -45 10.6 +3.9
PBD Invesco Global Clean Energy ETF 0.5 75 -50 -3.9 -10.6
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.5 7 18 6.5 -0.2
FEP First Trust Europe AlphaDEX Fund 0.5 80 -55 8.6 +2.0
FEUZ First Trust Eurozone AlphaDEX ETF 0.5 80 -55 8.3 +1.6
FLEE Franklin FTSE Europe ETF 0.5 9 16 6.8 +0.2
RING iShares MSCI Global Gold Miners ETF 0.5 39 -14 5.7 -0.9
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.5 80 -55 11.0 +4.4
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.5 85 -60 8.1 +1.4
IQSI IQ Candriam International Equity ETF 0.5 15 10 6.4 -0.3
EXI iShares Global Industrials ETF 0.5 42 -17 4.7 -2.0
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.5 80 -55 14.2 +7.5
FPXI First Trust International Equity Opportunities ETF 0.5 70 -45 3.6 -3.0
JRNY ALPS Global Travel Beneficiaries ETF 0.5 65 -40 0.0 -6.7
ERTH Invesco MSCI Sustainable Future ETF 0.5 62 -37 3.7 -3.0
DMAT Global X Disruptive Materials ETF 0.4 59 -34 9.9 +3.3
ISHP First Trust Nasdaq Retail ETF 0.4 60 -35 3.2 -3.5
OCEN IQ Clean Oceans ETF 0.4 45 -20 5.3 -1.4
SMOG VanEck Low Carbon Energy ETF 0.4 61 -36 3.0 -3.6
OND ProShares On-Demand ETF 0.4 58 -33 -2.5 -9.1
CGV Conductor Global Equity Value ETF 0.4 130 -105 11.3 +4.7
URA Global X Uranium ETF 0.4 69 -44 3.9 -2.8
SUPL ProShares Supply Chain Logistics ETF 0.4 58 -33 13.1 +6.4
AGNG Global X Aging Population ETF 0.4 50 -25 4.1 -2.6
ETEC iShares Breakthrough Environmental Solutions ETF 0.4 47 -22 5.3 -1.3
GSID Goldman Sachs MarketBeta International Equity ETF 0.4 20 5 6.7 -0.0
MOO VanEck Agribusiness ETF 0.4 53 -28 9.4 +2.7
CUT Invesco MSCI Global Timber ETF 0.4 61 -36 8.6 +1.9
CGGR Capital Group Growth ETF 0.3 39 -14 3.5 -3.2
GSFP Goldman Sachs Future Planet Equity ETF 0.3 75 -50 4.5 -2.1
ICLN iShares Global Clean Energy ETF 0.3 41 -16 4.3 -2.4
SETM Sprott Energy Transition Materials ETF 0.3 65 -40 5.3 -1.4
BKIE BNY Mellon International Equity ETF 0.3 4 21 6.9 +0.2
IXJ iShares Global Healthcare ETF 0.3 42 -17 6.1 -0.6
ANEW ProShares MSCI Transformational Changes ETF 0.3 45 -20 3.3 -3.3
WOOD iShares Global Timber & Forestry ETF 0.3 42 -17 9.6 +3.0
BPAY BlackRock Future Financial and Technology ETF 0.3 70 -45 8.3 +1.6
BLLD JPMorgan Sustainable Infrastructure ETF 0.3 49 -24 6.2 -0.5
BECO BlackRock Future Climate and Sustainable Economy ETF 0.3 70 -45 13.7 +7.1
CTEC Global X CleanTech ETF 0.3 50 -25 1.0 -5.7
DIVI Franklin International Core Dividend Tilt Index ETF 0.3 9 16 8.0 +1.4
CGW Invesco S&P Global Water Index ETF 0.3 57 -32 3.8 -2.9
JETS U.S. Global Jets ETF 0.3 60 -35 -15.6 -22.3
COPX Global X Copper Miners ETF 0.3 65 -40 6.9 +0.3
ION ProShares S&P Global Core Battery Metals ETF 0.3 58 -33 11.6 +4.9
IWFH iShares Virtual Work and Life Multisector ETF 0.3 47 -22 -3.5 -10.2
FPAG FPA Global Equity ETF 0.3 49 -24 5.7 -1.0
EMIF iShares Emerging Markets Infrastructure ETF 0.3 60 -35 4.6 -2.1
GXG Global X MSCI Colombia ETF 0.2 62 -37 15.2 +8.6
JXI iShares Global Utilities ETF 0.2 43 -18 6.7 0.0
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.2 39 -14 7.3 +0.7
ESPO VanEck Video Gaming and eSports ETF 0.2 56 -31 4.5 -2.2
TEMP JPMorgan Climate Change Solutions ETF 0.2 49 -24 4.7 -2.0
SLVP iShares MSCI Global Silver Miners ETF 0.2 39 -14 3.8 -2.9
RNRG Global X Renewable Energy Producers ETF 0.2 66 -41 4.9 -1.8
SHLD Global X Defense Tech ETF 0.2 50 -25 4.8 -1.8
RWX SPDR Dow Jones International Real Estate ETF 0.2 59 -34 7.2 +0.5
RWO SPDR Dow Jones Global Real Estate ETF 0.2 50 -25 6.9 +0.3
USVT US Value ETF 0.2 49 -24 11.3 +4.6
CZA Invesco Zacks Mid-Cap ETF 0.2 72 -47 6.3 -0.3
CRUZ Defiance Hotel Airline and Cruise ETF 0.2 45 -20 -4.9 -11.6
HELX Franklin Genomic Advancements ETF 0.2 50 -25 1.7 -5.0
HERO Global X Video Games & Esports ETF 0.2 50 -25 5.1 -1.6
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.2 75 -50 5.2 -1.5
NERD Roundhill Video Games ETF 0.2 50 -25 8.0 +1.4
IDOG ALPS International Sector Dividend Dogs ETF 0.2 50 -25 11.6 +4.9
FDD First Trust Stoxx European Select Dividend Index Fund 0.2 58 -33 12.9 +6.3
SIL Global X Silver Miners ETF 0.2 65 -40 2.6 -4.1
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.2 18 7 7.6 +0.9
JHDV John Hancock U.S. High Dividend ETF 0.2 34 -9 6.5 -0.2
NDIV Amplify Natural Resources Dividend Income ETF 0.2 59 -34 9.7 +3.0
EQAL Invesco Russell 1000 Equal Weight ETF 0.2 20 5 6.0 -0.7
AFLG First Trust Active Factor Large Cap ETF 0.2 55 -30 6.2 -0.5
CCSO Carbon Collective Climate Solutions US Equity ETF 0.2 35 -10 2.3 -4.4
FNDA Schwab Fundamental US Small Co. Index ETF 0.2 25 0 6.8 +0.2
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF 0.2 69 -44 8.3 +1.7
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 0.2 49 -24 4.8 -1.9
VRAI Virtus Real Asset Income ETF 0.2 55 -30 8.6 +1.9
FXZ First Trust Materials AlphaDEX Fund 0.2 61 -36 10.2 +3.6
RVRB Reverb ETF 0.2 30 -5 5.0 -1.7
IYM iShares U.S. Basic Materials ETF 0.2 40 -15 6.7 +0.1
VUSE Vident U.S. Equity Strategy ETF 0.2 50 -25 3.6 -3.1
GNR SPDR S&P Global Natural Resources ETF 0.2 40 -15 9.2 +2.5
RFEU First Trust Riverfront Dynamic Europe ETF 0.2 83 -58 8.7 +2.1
BJK VanEck Gaming ETF 0.2 65 -40 1.8 -4.9
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 13 5.7 -1.0
RFDI First Trust Riverfront Dynamic Developed International ETF 0.2 83 -58 9.0 +2.3
SCHC Schwab International Small-Cap Equity ETF 0.2 11 14 6.4 -0.3
LNGG Roundhill Alerian LNG ETF 0.2 65 -40 8.5 +1.9
JMOM JPMorgan U.S. Momentum Factor ETF 0.2 12 13 4.8 -1.8
AQWA Global X Clean Water ETF 0.2 50 -25 4.3 -2.4
PIO Invesco Global Water ETF 0.2 75 -50 4.9 -1.8
EFRA iShares Environmental Infrastructure and Industrials ETF 0.1 47 -22 5.2 -1.5
BLDG Cambria Global Real Estate ETF 0.1 60 -35 9.4 +2.7
AVRE Avantis Real Estate ETF 0.1 17 8 6.6 -0.0
DFGR Dimensional Global Real Estate ETF 0.1 22 3 7.1 +0.4
REET iShares Global REIT ETF 0.1 14 11 7.1 +0.5
VYM Vanguard High Dividend Yield Index ETF 0.1 6 19 7.3 +0.7
VFMO Vanguard U.S. Momentum Factor ETF 0.1 13 12 2.8 -3.9
SFY SoFi Select 500 ETF 0.1 0 25 5.2 -1.5
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.1 46 -21 5.6 -1.1
EPS WisdomTree U.S. LargeCap Fund 0.1 8 17 6.3 -0.4
GDXJ VanEck Junior Gold Miners ETF 0.1 52 -27 4.8 -1.8
SILJ ETFMG Prime Junior Silver Miners ETFMG Prime Junior Silver M 0.1 69 -44 1.3 -5.4
AIEQ AI Powered Equity ETF 0.1 75 -50 6.1 -0.6
ZSB USCF Sustainable Battery Metals Strategy Fund 0.1 61 -36 14.8 +8.1
IHAK iShares Cybersecurity & Tech ETF 0.1 47 -22 3.2 -3.5
NLR VanEck Uranium+Nuclear Energy ETF 0.1 61 -36 4.5 -2.2
IQRA IQ CBRE Real Assets ETF 0.1 65 -40 5.9 -0.8
TMFG Motley Fool Global Opportunities ETF 0.1 85 -60 3.3 -3.4
SHPP Pacer Industrials and Logistics ETF 0.1 60 -35 8.9 +2.2
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 15 5.4 -1.3
HART IQ Healthy Hearts ETF 0.1 45 -20 5.3 -1.3
GDVD R3 Global Dividend Growth ETF 0.1 88 -63 5.8 -0.9
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 10 6.0 -0.7
ARVR First Trust Indxx Metaverse ETF 0.1 70 -45 2.5 -4.2
SRET Global X SuperDividend REIT ETF 0.1 59 -34 10.1 +3.5
SAGP Strategas Global Policy Opportunities ETF 0.1 65 -40 4.5 -2.2
OGIG ALPS O'Shares Global Internet Giants ETF 0.1 48 -23 0.5 -6.2
IBUY Amplify Online Retail ETF 0.1 65 -40 1.8 -4.9
LUXX Roundhill S&P Global Luxury ETF 0.1 45 -20 2.7 -4.0
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 -14 7.3 +0.6
EMFQ Amplify Emerging Markets FinTech ETF 0.1 69 -44 5.4 -1.3
INTF iShares International Equity Factor ETF 0.1 15 10 7.8 +1.2
DTCR Global X Data Center & Digital Infrastructure ETF 0.1 50 -25 2.7 -4.0
FNDB Schwab Fundamental US Broad Market Index ETF 0.1 25 0 7.1 +0.4
COPJ Sprott Junior Copper Miners ETF 0.1 75 -50 9.5 +2.8
GDX VanEck Gold Miners ETF 0.1 51 -26 4.7 -2.0
BETZ Roundhill Sports Betting & iGaming ETF 0.1 75 -50 1.9 -4.8
ARKF ARK Fintech Innovation ETF 0.1 75 -50 -2.2 -8.9
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -50 4.7 -2.0
IXC iShares Global Energy ETF 0.1 44 -19 8.2 +1.5
RECS Columbia Research Enhanced Core ETF 0.1 15 10 5.6 -1.1
BOAT SonicShares Global Shipping ETF 0.1 69 -44 29.1 +22.4
DIVB iShares Core Dividend ETF 0.1 5 20 8.0 +1.3
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 0 7.1 +0.4
GOEX Global X Gold Explorers ETF 0.0 65 -40 4.9 -1.8
ERUS iShares MSCI Russia ETF 0.0 8 17 11.3 +4.6
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 -17 5.1 -1.6
ILCV iShares Morningstar Value ETF 0.0 4 21 6.7 +0.0
HLAL Wahed FTSE USA Shariah ETF 0.0 50 -25 5.0 -1.7
IWY iShares Russell Top 200 Growth ETF 0.0 20 5 4.9 -1.8
TINT ProShares Smart Materials ETF 0.0 58 -33 5.6 -1.0
RAYS Global X Solar ETF 0.0 51 -26 4.7 -2.0
TAN Invesco Solar ETF 0.0 67 -42 6.2 -0.5
ARGT Global X MSCI Argentina ETF 0.0 59 -34 7.4 +0.7
IBRN iShares Neuroscience and Healthcare ETF 0.0 47 -22 -5.0 -11.6
IWF iShares Russell 1000 Growth ETF 0.0 19 6 4.7 -2.0
VONG Vanguard Russell 1000 Growth ETF 0.0 8 17 4.8 -1.8
ODDS Pacer BlueStar Digital Entertainment ETF 0.0 60 -35 3.0 -3.7
EWX SPDR S&P Emerging Markets Small Cap ETF 0.0 65 -40 7.7 +1.0
GLIF AGF Global Infrastructure ETF 0.0 45 -20 5.5 -1.2
ONEO SPDR Russell 1000 Momentum Focus ETF 0.0 20 5 7.1 +0.5
IWL iShares Russell Top 200 ETF 0.0 15 10 5.0 -1.7
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 16 5.1 -1.6
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 8 7.1 +0.4
VFMF Vanguard U.S. Multifactor ETF 0.0 18 7 8.7 +2.0
NACP Impact Shares NAACP Minority Empowerment ETF 0.0 49 -24 5.0 -1.7
ILCB iShares Morningstar U.S. Equity ETF 0.0 3 22 5.3 -1.4
JHML John Hancock Multifactor Large Cap ETF 0.0 29 -4 5.6 -1.1
DFAU Dimensional US Core Equity Market ETF 0.0 12 13 5.4 -1.3
VONE Vanguard Russell 1000 ETF 0.0 8 17 5.2 -1.5
IWB iShares Russell 1000 ETF 0.0 15 10 5.1 -1.5
IWV iShares Russell 3000 ETF 0.0 20 5 5.0 -1.7
SRVR Pacer Data & Infrastructure Real Estate ETF 0.0 55 -30 2.9 -3.8
DFUS Dimensional U.S. Equity ETF 0.0 9 16 5.1 -1.5
VTHR Vanguard Russell 3000 ETF 0.0 10 15 5.1 -1.6
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 8 5.7 -1.0
GVLU Gotham 1000 Value ETF 0.0 50 -25 7.4 +0.8
DUHP Dimensional US High Profitability ETF 0.0 21 4 7.0 +0.3
VOTE TCW Transform 500 ETF 0.0 5 20 5.2 -1.5
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.0 7 18 5.2 -1.5
NIKL Sprott Nickel Miners ETF 0.0 75 -50 7.5 +0.8
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.0 2 23 5.3 -1.4
BKLC BNY Mellon US Large Cap Core Equity ETF 0.0 0 25 5.3 -1.4
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 14 5.2 -1.4
FINX Global X FinTech ETF 0.0 68 -43 3.2 -3.5
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 7 5.7 -1.0
NANC Unusual Whales Subversive Democratic Trading ETF 0.0 75 -50 3.8 -2.9
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.0 25 0 5.7 -1.0
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 -4 6.3 -0.4
IPOS Renaissance International IPO ETF 0.0 80 -55 -168.9 -175.6

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:		 iShares MSCI Emerging Markets ex China 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 11.8 %
Divided by: Fwd. P/BV 1.7 x
Less: Expense ratio 25 bp
Equals: ALTAR Score 6.7 %
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.