iShares ESG Advanced MSCI EM ETF
ALTAR
Score™		 7.5% info Recommen-
dation		 NEUTRAL
2024E    2025E
P/E
ratio		 11.2x P/Sales
ratio		 1.6x
P/BV
ratio		 1.4x Div.
yield		 3.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
EMXF tracks a market-cap-weighted index of large- and midcap equities in emerging markets, screened for positive ESG rating while also screening for involvement in controversial activities.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Blackrock
Website www.ishares.com
Inception date Oct 06, 2020
Assets (mns) $74
Currency USD
Expense ratio 16 bp
Distributions

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 504
Wgt avg mkt cap (mns) $78,762
Large cap (>$10bn) 76.7%
Mid cap ($2-10bn) 23.2%
Small cap (<$2bn) 0.1%
Developed mkts 5.3%
Emerging mkts 94.7%

TOP TEN HOLDINGS
TAIWAN SEMICONDUCTOR MANUFAC 5.5 %
ALIBABA GROUP HOLDING LTD. 4.2 %
HYNIX SEMICONDUCTOR INC 2.1 %
MEITUAN DIANPING 1.9 %
CHINA CONSTRUCTION BANK-H 1.8 %
INFOSYS TECHNOLOGIES LTD 1.7 %
HDFC BANK LIMITED 1.6 %
MEDIATEK INC 1.4 %
AL RAJHI BANK 1.3 %
TATA CONSULTANCY SVS LTD 1.3 %
Total 22.6 %

TOP COUNTRY EXPOSURE
CHINA 22.9 %
INDIA 18.1 %
TAIWAN 16.8 %
SOUTH KOREA 6.6 %
BRAZIL 4.4 %
SAUDI ARABIA 3.9 %
SOUTH AFRICA 3.7 %
MEXICO 2.7 %
THAILAND 2.2 %
INDONESIA 2.2 %

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.
-1.4% 2.1% -- -- -4.8%

Market Correlations
versus... Beta R-squared
S&P500 0.66 45%
MSCI EAFE 0.83 65%
MSCI Emg. Mkts. 0.97 97%

Technical Indicators
Recent close $35.06
30d moving avg. $34.76
Annualized volatility 17.5%
Short interest (ETF) 0.1%
Short interest (Underlying) 0.3%
Relative strength (RSI) 61

Liquidity measures
Avg. volume (thou.) 6
Turnover 0.3%
Bid/Ask (% of price) 0.42%
ADV underlying (mns) $19,107

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 446 potential alternatives to the iShares ESG Advanced MSCI EM ETF ETF based on the alternatives' overlap in portfolio holdings with EMXF. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EMXF Expense: 16 bp ALTAR Score™: 7.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EMXF
Ticker Fund
Name		 Overlap1
vs EMXF
(%)		 Expense
ratio
(bp)		 Savings
vs EMXF
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EMXF
(%)
LDEM iShares ESG MSCI EM Leaders ETF 69.5 17 -1 7.8 +0.3
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 63.4 20 -4 7.5 +0.0
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 52.9 15 1 7.1 -0.4
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 51.9 30 -14 7.5 +0.0
ESGE iShares ESG Aware MSCI EM ETF 50.7 25 -9 7.7 +0.2
EEM iShares MSCI Emerging Markets ETF 48.7 69 -53 7.0 -0.5
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 48.5 66 -50 7.2 -0.3
EMXC iShares MSCI Emerging Markets ex China ETF 48.1 25 -9 6.7 -0.8
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 47.5 32 -16 6.3 -1.2
JHEM John Hancock Multifactor Emerging Markets ETF 47.4 49 -33 8.4 +0.9
EEMA iShares MSCI Emerging Markets Asia ETF 46.6 49 -33 6.7 -0.8
NUEM Nuveen ESG Emerging Markets Equity ETF 45.9 36 -20 6.8 -0.7
BKEM BNY Mellon Emerging Markets Equity ETF 45.9 11 5 7.7 +0.2
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 45.1 24 -8 7.2 -0.3
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 45.0 36 -20 7.5 0.0
BKF iShares MSCI BIC ETF 44.8 69 -53 7.1 -0.4
XC WisdomTree Emerging Markets Ex-China Fund 44.1 32 -16 6.2 -1.3
STXE Strive Emerging Markets Ex-China ETF 43.2 32 -16 6.9 -0.6
AAXJ iShares MSCI All Country Asia ex Japan ETF 43.2 70 -54 6.3 -1.2
SCHE Schwab Emerging Markets Equity ETF 43.1 11 5 7.6 +0.1
IEMG iShares Core MSCI Emerging Markets ETF 42.2 9 7 7.5 +0.1
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 42.0 33 -17 7.2 -0.3
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 41.9 45 -29 8.6 +1.1
FLAX Franklin FTSE Asia Ex Japan ETF 41.7 19 -3 7.2 -0.3
VWO Vanguard FTSE Emerging Markets ETF 41.5 8 8 7.6 +0.1
PXH Invesco FTSE RAFI Emerging Markets ETF 40.6 49 -33 12.5 +5.0
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 40.4 30 -14 8.6 +1.1
DFAE Dimensional Emerging Core Equity Market ETF 39.5 35 -19 7.7 +0.3
SPEM SPDR Portfolio Emerging Markets ETF 38.6 7 9 7.5 +0.0
EMGF iShares Emerging Markets Equity Factor ETF 38.1 25 -9 8.7 +1.2
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 37.1 39 -23 12.6 +5.1
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 36.8 18 -2 7.9 +0.4
GMF SPDR S&P Emerging Asia Pacific ETF 34.8 49 -33 6.4 -1.1
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 33.6 41 -25 7.8 +0.3
XCEM Columbia EM Core ex-China ETF 33.3 16 0 7.4 -0.1
DFEM Dimensional Emerging Markets Core Equity 2 ETF 32.4 38 -22 8.3 +0.8
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 30.6 32 -16 7.6 +0.1
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 30.5 50 -34 10.6 +3.1
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 30.3 59 -43 9.6 +2.1
DEHP Dimensional Emerging Markets High Profitability ETF 30.2 41 -25 7.3 -0.2
DFEV Dimensional Emerging Markets Value ETF 30.0 43 -27 10.9 +3.5
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 29.0 25 -9 7.0 -0.4
AIA iShares Asia 50 ETF 28.3 50 -34 6.9 -0.6
RNEM First Trust Emerging Markets Equity Select ETF 26.3 75 -59 8.3 +0.8
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 26.2 44 -28 10.4 +2.9
ROAM Hartford Multifactor Emerging Markets ETF 25.7 44 -28 11.8 +4.3
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 25.2 40 -24 7.2 -0.3
MCHI iShares MSCI China ETF 24.9 59 -43 9.0 +1.5
EMDM First Trust Bloomberg Emerging Market Democracies ETF 24.4 75 -59 9.6 +2.1
AVEM Avantis Emerging Markets Equity ETF 24.3 33 -17 9.1 +1.7
FLCH Franklin FTSE China ETF 24.0 19 -3 9.6 +2.1
EMMF WisdomTree Emerging Markets Multifactor Fund 23.4 48 -32 9.4 +1.9
GXC SPDR S&P China ETF 22.8 59 -43 9.1 +1.6
CN Xtrackers MSCI All China Equity ETF 22.4 50 -34 8.7 +1.2
KALL KraneShares MSCI All China Index ETF 21.6 49 -33 9.4 +2.0
FDEM Fidelity Emerging Markets Multifactor ETF 21.0 25 -9 12.0 +4.5
EELV Invesco S&P Emerging Markets Low Volatility ETF 21.0 29 -13 8.3 +0.8
DEM WisdomTree Emerging Markets High Dividend Fund 19.3 63 -47 12.9 +5.5
INDA iShares MSCI India ETF 18.1 65 -49 3.7 -3.8
FXI iShares China Large-Cap ETF 17.5 74 -58 9.6 +2.2
FLIN Franklin FTSE India ETF 17.2 19 -3 5.2 -2.2
AVES Avantis Emerging Markets Value ETF 16.8 36 -20 12.2 +4.7
ECON Columbia Emerging Markets Consumer ETF 16.8 49 -33 4.8 -2.7
EWT iShares MSCI Taiwan ETF 16.8 58 -42 5.7 -1.7
FLTW Franklin FTSE Taiwan ETF 16.6 19 -3 6.0 -1.5
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 16.5 60 -44 0.9 -6.5
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 15.9 88 -72 6.2 -1.3
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 15.6 95 -79 11.4 +3.9
VSGX Vanguard ESG International Stock ETF 15.3 12 4 6.8 -0.7
EMC Global X Emerging Markets Great Consumer ETF 15.2 75 -59 4.9 -2.6
PIN Invesco India ETF 15.2 78 -62 3.8 -3.7
MINV Matthews Asia Innovators Active ETF 15.0 79 -63 2.8 -4.6
EPI WisdomTree India Earnings Fund 14.9 85 -69 6.7 -0.8
ACWX iShares MSCI ACWI ex U.S. ETF 14.5 34 -18 6.7 -0.8
CXSE WisdomTree China ex-State-Owned Enterprises Fund 14.4 32 -16 5.7 -1.8
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 14.0 41 -25 6.6 -0.8
INDY iShares India 50 ETF 13.9 89 -73 3.7 -3.7
NFTY First Trust India NIFTY 50 Equal Weight ETF 13.9 80 -64 6.2 -1.3
MEM Matthews Emerging Markets Equity Active ETF 13.6 79 -63 5.7 -1.7
ACWV iShares MSCI Global Min Vol Factor ETF 13.4 20 -4 6.7 -0.8
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 13.3 20 -4 10.7 +3.3
FRDM Freedom 100 Emerging Markets ETF 13.1 49 -33 7.3 -0.2
EEMO Invesco S&P Emerging Markets Momentum ETF 12.6 29 -13 6.2 -1.3
IXUS iShares Core MSCI Total International Stock ETF 12.5 7 9 6.9 -0.6
MCH Matthews China Active ETF 12.3 79 -63 6.1 -1.4
EMM Global X Emerging Markets ex-China ETF 12.2 75 -59 3.7 -3.8
VEU Vanguard FTSE All-World ex-US Index Fund 12.2 8 8 7.2 -0.3
VXUS Vanguard Total International Stock ETF 12.0 7 9 7.1 -0.4
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 12.0 86 -70 1.9 -5.5
JCHI JPMorgan Active China ETF 11.2 65 -49 8.0 +0.5
VYMI Vanguard International High Dividend Yield ETF 11.2 22 -6 9.7 +2.2
CHIQ Global X MSCI China Consumer Discretionary ETF 10.4 65 -49 5.4 -2.1
KTEC KraneShares Hang Seng TECH Index ETF 10.4 69 -53 -3.9 -11.4
DSTX Distillate International Fundamental Stability & Value ETF 10.3 55 -39 8.0 +0.5
CWI SPDR MSCI ACWI ex-US ETF 10.0 30 -14 6.8 -0.7
KWEB KraneShares CSI China Internet ETF 9.9 69 -53 -0.7 -8.1
FDNI First Trust Dow Jones International Internet ETF 9.8 65 -49 2.7 -4.7
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 9.3 42 -26 6.8 -0.7
EDIV SPDR S&P Emerging Markets Dividend ETF 9.1 49 -33 11.0 +3.5
TCHI iShares MSCI China Multisector Tech ETF 8.9 59 -43 3.1 -4.4
DFAX Dimensional World ex U.S. Core Equity 2 ETF 8.6 30 -14 7.8 +0.3
UEVM VictoryShares Emerging Markets Value Momentum ETF 8.4 45 -29 12.8 +5.3
FLLA Franklin FTSE Latin America ETF 8.3 19 -3 11.6 +4.2
KNCT Invesco Next Gen Connectivity ETF 8.1 40 -24 5.9 -1.6
CHAT Roundhill Generative AI & Technology ETF 8.1 75 -59 4.2 -3.3
FEM First Trust Emerging Markets AlphaDEX Fund 8.0 80 -64 16.4 +9.0
RODE Hartford Multifactor Diversified International ETF 8.0 29 -13 11.5 +4.0
NXTG First Trust Indxx NextG ETF 7.8 70 -54 6.0 -1.5
MOTI VanEck Morningstar International Moat ETF 7.6 58 -42 6.9 -0.6
GBUY Goldman Sachs Future Consumer Equity ETF 7.4 75 -59 3.1 -4.4
DEW WisdomTree Global High Dividend Fund 7.2 58 -42 9.0 +1.6
IWTR iShares MSCI Water Management Multisector ETF 7.0 47 -31 4.8 -2.7
LEGR First Trust Indxx Innovative Transaction & Process ETF 6.7 65 -49 8.4 +0.9
EWY iShares MSCI South Korea ETF 6.6 58 -42 8.5 +1.0
IQDF FlexShares International Quality Dividend Index Fund 6.6 47 -31 10.7 +3.2
FLKR Franklin FTSE South Korea ETF 6.5 9 7 9.3 +1.8
CRBN iShares MSCI ACWI Low Carbon Target ETF 6.4 20 -4 5.6 -1.9
DVYE iShares Emerging Markets Dividend ETF 6.2 49 -33 16.6 +9.1
SDEM Global X MSCI SuperDividend Emerging Markets ETF 6.1 67 -51 17.5 +10.0
CLNR IQ Cleaner Transport ETF 6.0 45 -29 8.2 +0.8
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 5.9 12 4 5.0 -2.5
CGXU Capital Group International Focus Equity ETF 5.9 54 -38 4.1 -3.4
NDIA Global X India Active ETF 5.8 75 -59 6.5 -1.0
IQDY FlexShares International Quality Dividend Dynamic Index Fund 5.8 47 -31 10.2 +2.8
XT iShares Exponential Technologies ETF 5.8 46 -30 3.8 -3.6
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 5.7 90 -74 6.9 -0.6
WWJD Inspire International ETF 5.5 80 -64 7.1 -0.4
IXN iShares Global Tech ETF 5.4 41 -25 4.3 -3.2
ACWI iShares MSCI ACWI ETF 5.3 32 -16 5.5 -2.0
INDF Nifty India Financials ETF 5.2 75 -59 6.0 -1.5
VIDI Vident International Equity Strategy ETF 4.9 61 -45 11.9 +4.4
ASEA Global X FTSE Southeast Asia ETF 4.9 65 -49 6.5 -1.0
FCA First Trust China AlphaDEX Fund 4.8 80 -64 18.0 +10.5
IQDE FlexShares International Quality Dividend Defensive Index ET 4.8 47 -31 10.7 +3.2
WRND IQ Global Equity R&D Leaders ETF 4.8 18 -2 7.1 -0.4
ADIV SmartETFs Asia Pacific Dividend Builder ETF 4.8 78 -62 8.9 +1.5
SCHY Schwab International Dividend Equity ETF 4.7 14 2 9.3 +1.8
RXI iShares Global Consumer Discretionary ETF 4.7 41 -25 5.5 -2.0
EWZ iShares MSCI Brazil ETF 4.6 58 -42 11.8 +4.3
FLBR Franklin FTSE Brazil ETF 4.6 19 -3 12.3 +4.8
GLOF iShares Global Equity Factor ETF 4.6 20 -4 7.0 -0.4
GTEK Goldman Sachs Future Tech Leaders Equity ETF 4.4 75 -59 3.2 -4.3
IGRO iShares International Dividend Growth ETF 4.4 15 1 7.1 -0.4
VT Vanguard Total World Stock ETF 4.4 7 9 5.8 -1.7
SDG iShares MSCI Global Sustainable Development Goals ETF 4.3 49 -33 5.8 -1.7
FLN First Trust Latin America AlphaDEX Fund 4.3 80 -64 11.0 +3.5
BLES Inspire Global Hope ETF 4.2 61 -45 6.3 -1.2
JSTC Adasina Social Justice All Cap Global ETF 4.1 89 -73 4.7 -2.8
INCO Columbia India Consumer ETF 4.0 75 -59 1.6 -5.8
ILF iShares Latin America 40 ETF 4.0 48 -32 10.2 +2.8
FLSA Franklin FTSE Saudi Arabia ETF 3.9 39 -23 5.7 -1.8
KSA iShares MSCI Saudi Arabia ETF 3.9 74 -58 5.5 -2.0
MOTG VanEck Morningstar Global Wide Moat ETF 3.9 52 -36 5.8 -1.7
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 3.9 60 -44 10.0 +2.6
DGIN VanEck Digital India ETF 3.8 71 -55 1.6 -5.9
EZA iShares MSCI South Africa ETF 3.7 58 -42 11.5 +4.0
GVAL Cambria Global Value ETF 3.6 68 -52 12.3 +4.8
CQQQ Invesco China Technology ETF 3.5 70 -54 -5.7 -13.2
OND ProShares On-Demand ETF 3.5 58 -42 -2.5 -9.9
GLIN VanEck India Growth Leaders ETF 3.4 77 -61 5.4 -2.1
CGRO CoreValues Alpha Greater China Growth ETF 3.3 75 -59 2.6 -4.9
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 3.3 68 -52 8.8 +1.4
IXG iShares Global Financials ETF 3.3 42 -26 6.8 -0.7
AFK VanEck Africa Index ETF 3.2 98 -82 10.0 +2.5
BTEK Future Tech ETF 3.2 88 -72 2.1 -5.4
VIGI Vanguard International Dividend Appreciation ETF 3.2 15 1 5.5 -2.0
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 3.1 47 -31 0.6 -6.8
EEMD AAM S&P Emerging Markets High Dividend Value ETF 3.0 49 -33 19.1 +11.6
VPL Vanguard FTSE Pacific ETF 2.9 8 8 6.9 -0.6
AIQ Global X Artificial Intelligence & Technology ETF 2.9 68 -52 4.1 -3.4
EMFQ Amplify Emerging Markets FinTech ETF 2.8 69 -53 5.4 -2.1
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 2.8 80 -64 10.0 +2.6
GGME Invesco Next Gen Media and Gaming ETF 2.7 60 -44 4.1 -3.4
FLMX Franklin FTSE Mexico ETF 2.7 19 -3 10.8 +3.3
EWW iShares MSCI Mexico ETF 2.7 50 -34 9.7 +2.2
JIG JPMorgan International Growth ETF 2.7 55 -39 4.3 -3.2
DINT Davis Select International ETF 2.7 55 -39 4.7 -2.7
DWLD Davis Select Worldwide ETF 2.7 63 -47 5.6 -1.9
IGPT Invesco AI and Next Gen Software ETF 2.6 60 -44 3.8 -3.7
ISHP First Trust Nasdaq Retail ETF 2.6 60 -44 3.1 -4.4
FBZ First Trust Brazil AlphaDEX Fund 2.6 80 -64 11.9 +4.4
IWFH iShares Virtual Work and Life Multisector ETF 2.5 47 -31 -3.5 -11.0
IMFL Invesco International Developed Dynamic Multifactor ETF 2.5 34 -18 10.6 +3.1
IBUY Amplify Online Retail ETF 2.3 65 -49 1.8 -5.7
ANEW ProShares MSCI Transformational Changes ETF 2.3 45 -29 3.3 -4.2
CNYA iShares MSCI China A ETF 2.2 60 -44 8.7 +1.2
THD iShares MSCI Thailand ETF 2.2 58 -42 5.8 -1.7
EIDO iShares MSCI Indonesia ETF 2.2 59 -43 7.5 +0.0
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 2.2 72 -56 2.2 -5.3
IXP iShares Global Comm Services ETF 2.2 42 -26 5.1 -2.3
OGIG ALPS O'Shares Global Internet Giants ETF 2.2 48 -32 0.4 -7.0
KGRN KraneShares MSCI China Clean Technology Index ETF 2.2 79 -63 6.5 -0.9
EDOG ALPS Emerging Sector Dividend Dogs ETF 2.2 60 -44 14.8 +7.3
FDRV Fidelity Electric Vehicles and Future Transportation ETF 2.2 39 -23 -3.5 -11.0
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 2.1 65 -49 8.9 +1.5
EWM iShares MSCI Malaysia ETF 2.1 50 -34 5.7 -1.8
LOUP Innovator Deepwater Frontier Tech ETF 2.1 70 -54 2.3 -5.2
UIVM VictoryShares International Value Momentum ETF 2.1 35 -19 10.6 +3.1
QINT American Century Quality Diversified International ETF 2.1 39 -23 7.4 -0.1
DGT SPDR Global Dow ETF 2.0 50 -34 6.6 -0.9
TTAI FCF International Quality ETF 2.0 59 -43 7.3 -0.1
EYLD Cambria Emerging Shareholder Yield ETF 2.0 66 -50 12.2 +4.7
IDRV iShares Self-driving EV & Tech ETF 2.0 47 -31 -0.5 -8.0
IDX VanEck Indonesia Index ETF 2.0 57 -41 7.9 +0.4
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 1.9 86 -70 1.9 -5.5
JPIN J.P. Morgan Diversified Return International Equity ETF 1.9 37 -21 8.7 +1.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.9 9 7 5.7 -1.8
UAE iShares MSCI UAE ETF 1.9 59 -43 9.0 +1.6
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.9 80 -64 10.7 +3.2
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 1.8 45 -29 6.3 -1.2
METV Roundhill Ball Metaverse ETF 1.8 59 -43 3.3 -4.1
ECOW Pacer Emerging Markets Cash Cows 100 ETF 1.8 70 -54 11.4 +4.0
BATT Amplify Lithium & Battery Technology ETF 1.8 59 -43 2.9 -4.6
BNE Blue Horizon BNE ETF 1.7 87 -71 5.0 -2.5
MVPS Amplify Thematic All-Stars ETF 1.7 49 -33 1.6 -5.8
SMOG VanEck Low Carbon Energy ETF 1.6 61 -45 3.0 -4.5
CARZ First Trust NASDAQ Global Auto Index Fund 1.6 70 -54 3.4 -4.0
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 1.6 47 -31 5.9 -1.5
IVRS iShares Future Metaverse Tech and Communications ETF 1.6 47 -31 -5.3 -12.7
KURE KraneShares MSCI All China Health Care Index ETF 1.5 65 -49 3.6 -3.9
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.5 49 -33 6.7 -0.8
WUGI AXS Esoterica NextG Economy ETF 1.5 75 -59 2.2 -5.3
LIT Global X Lithium & Battery Tech ETF 1.5 75 -59 10.3 +2.8
HFXI IQ FTSE International Equity Currency Neutral ETF 1.5 20 -4 6.8 -0.7
MOTO SmartETFs Smart Transportation & Technology ETF 1.5 68 -52 6.6 -0.8
SNSR Global X Internet of Things ETF 1.5 68 -52 4.3 -3.2
RAYC Rayliant Quantamental China Equity ETF 1.5 80 -64 8.7 +1.2
FNDF Schwab Fundamental International Large Co. Index ETF 1.5 25 -9 9.0 +1.6
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 1.4 55 -39 8.5 +1.0
AFTY Pacer CSOP FTSE China A50 ETF 1.4 70 -54 9.3 +1.9
TPIF Timothy Plan International ETF 1.4 62 -46 6.7 -0.8
CGUS Capital Group Core Equity ETF 1.4 33 -17 4.7 -2.8
OBOR KraneShares MSCI One Belt One Road Index ETF 1.4 79 -63 10.4 +2.9
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 1.4 58 -42 10.2 +2.7
EPOL iShares MSCI Poland ETF 1.4 59 -43 10.5 +3.1
BRAZ Global X Brazil Active ETF 1.4 75 -59 10.2 +2.7
WTAI WisdomTree Artificial Intelligence and Innovation Fund 1.4 45 -29 1.3 -6.1
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.4 24 -8 8.5 +1.0
ARVR First Trust Indxx Metaverse ETF 1.4 70 -54 2.5 -5.0
QTUM Defiance Quantum ETF 1.4 40 -24 3.9 -3.6
IDAT iShares Future Cloud 5G and Tech ETF 1.4 47 -31 4.6 -2.9
ETEC iShares Breakthrough Environmental Solutions ETF 1.3 47 -31 5.3 -2.2
FMET Fidelity Metaverse ETF 1.3 39 -23 4.3 -3.2
INQQ India Internet & Ecommerce ETF 1.3 86 -70 10.8 +3.3
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.3 45 -29 4.9 -2.6
UMMA Wahed Dow Jones Islamic World ETF 1.2 65 -49 4.3 -3.2
SCHF Schwab International Equity ETF 1.2 6 10 7.0 -0.5
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.2 12 4 8.7 +1.2
NTZG Nuveen Global Net Zero Transition ETF 1.2 56 -40 4.9 -2.6
VEA Vanguard FTSE Developed Markets ETF 1.2 5 11 7.0 -0.5
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.2 10 6 8.1 +0.6
PGJ Invesco Golden Dragon China ETF 1.1 70 -54 5.0 -2.5
FNDC Schwab Fundamental International Small Co. Index ETF 1.1 39 -23 6.8 -0.6
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.1 56 -40 13.9 +6.4
JRNY ALPS Global Travel Beneficiaries ETF 1.1 65 -49 -0.0 -7.5
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.1 58 -42 4.6 -2.9
DWX SPDR S&P International Dividend ETF 1.1 45 -29 7.1 -0.4
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 1.1 51 -35 6.8 -0.7
CIL VictoryShares International Volatility Wtd ETF 1.0 45 -29 6.8 -0.6
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.0 65 -49 1.6 -5.9
SPDW SPDR Portfolio Developed World ex-US ETF 1.0 3 13 6.9 -0.6
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 1.0 45 -29 8.5 +1.0
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.0 46 -30 8.9 +1.4
OSEA Harbor International Compounders ETF 1.0 55 -39 3.7 -3.8
ERTH Invesco MSCI Sustainable Future ETF 1.0 62 -46 3.7 -3.8
PICK iShares MSCI Global Metals & Mining Producers ETF 0.9 39 -23 11.0 +3.6
PBD Invesco Global Clean Energy ETF 0.9 75 -59 -3.8 -11.3
FM iShares Frontier and Select EM ETF 0.9 80 -64 9.5 +2.0
DRIV Global X Autonomous & Electric Vehicles ETF 0.9 68 -52 3.3 -4.1
FTAG First Trust Indxx Global Agriculture ETF 0.9 70 -54 9.1 +1.6
GSFP Goldman Sachs Future Planet Equity ETF 0.9 75 -59 4.5 -2.9
KBUY KraneShares CICC China Consumer Leaders Index ETF 0.8 69 -53 0.0 -7.5
FID First Trust S&P International Dividend Aristocrats ETF 0.8 60 -44 9.9 +2.4
WDIV SPDR S&P Global Dividend ETF 0.8 40 -24 10.2 +2.7
EV Mast Global Battery Recycling & Production ETF 0.8 65 -49 12.8 +5.3
IDV iShares International Select Dividend ETF 0.8 51 -35 12.3 +4.8
GREK Global X MSCI Greece ETF 0.8 57 -41 -1.6 -9.1
ECH iShares MSCI Chile ETF 0.8 58 -42 10.7 +3.2
KXI iShares Global Consumer Staples ETF 0.8 41 -25 5.6 -1.9
BUYZ Franklin Disruptive Commerce ETF 0.7 50 -34 2.0 -5.4
QAT iShares MSCI Qatar ETF 0.7 59 -43 9.4 +1.9
SOCL Global X Social Media ETF 0.7 65 -49 -5.7 -13.2
DFNL Davis Select Financial ETF 0.7 63 -47 6.8 -0.7
BECO BlackRock Future Climate and Sustainable Economy ETF 0.7 70 -54 13.7 +6.3
FEUZ First Trust Eurozone AlphaDEX ETF 0.7 80 -64 8.3 +0.8
FEP First Trust Europe AlphaDEX Fund 0.7 80 -64 8.6 +1.2
ROBO ROBO Global Robotics & Automation Index ETF 0.7 95 -79 2.8 -4.7
TUR iShares MSCI Turkey ETF 0.7 58 -42 18.7 +11.2
LUXX Roundhill S&P Global Luxury ETF 0.7 45 -29 2.7 -4.8
MOO VanEck Agribusiness ETF 0.6 53 -37 9.4 +1.9
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.6 80 -64 14.2 +6.7
CTEC Global X CleanTech ETF 0.6 50 -34 1.0 -6.5
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.6 79 -63 5.1 -2.3
VEGI iShares MSCI Agriculture Producers ETF 0.6 39 -23 9.2 +1.7
CGGO Capital Group Global Growth Equity ETF 0.6 47 -31 4.3 -3.2
GINN Goldman Sachs Innovate Equity ETF 0.6 52 -36 2.7 -4.8
CRUZ Defiance Hotel Airline and Cruise ETF 0.6 45 -29 -4.9 -12.4
HAP VanEck Natural Resources ETF 0.6 50 -34 9.5 +2.0
JETS U.S. Global Jets ETF 0.5 60 -44 -15.6 -23.1
RING iShares MSCI Global Gold Miners ETF 0.5 39 -23 6.0 -1.5
BLLD JPMorgan Sustainable Infrastructure ETF 0.5 49 -33 6.2 -1.3
OCEN IQ Clean Oceans ETF 0.5 45 -29 5.3 -2.2
KOIN Capital Link Global Fintech Leaders ETF 0.5 75 -59 4.5 -2.9
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.5 7 9 6.5 -1.0
IQSI IQ Candriam International Equity ETF 0.5 15 1 6.4 -1.1
EPU iShares MSCI Peru and Global Exposure ETF 0.5 59 -43 5.6 -1.9
TMFG Motley Fool Global Opportunities ETF 0.5 85 -69 3.3 -4.2
KPOP KPOP and Korean Entertainment ETF 0.4 75 -59 -9.1 -16.6
CID VictoryShares International High Div Volatility Wtd ETF 0.4 45 -29 9.5 +2.0
IPOS Renaissance International IPO ETF 0.4 80 -64 -168.0 -175.5
GSID Goldman Sachs MarketBeta International Equity ETF 0.4 20 -4 6.6 -0.8
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.4 85 -69 8.2 +0.7
SPEU SPDR Portfolio Europe ETF 0.4 7 9 6.5 -0.9
EMIF iShares Emerging Markets Infrastructure ETF 0.4 60 -44 4.7 -2.8
BPAY BlackRock Future Financial and Technology ETF 0.4 70 -54 8.1 +0.6
BKIE BNY Mellon International Equity ETF 0.4 4 12 6.9 -0.6
BBEU JPMorgan BetaBuilders Europe ETF 0.4 9 7 6.7 -0.8
EPHE iShares MSCI Philippines ETF 0.4 59 -43 8.9 +1.5
VGK Vanguard FTSE Europe ETF 0.3 11 5 6.8 -0.7
RWO SPDR Dow Jones Global Real Estate ETF 0.3 50 -34 6.9 -0.6
RWX SPDR Dow Jones International Real Estate ETF 0.3 59 -43 7.1 -0.3
USVT US Value ETF 0.3 49 -33 11.3 +3.8
CZA Invesco Zacks Mid-Cap ETF 0.3 72 -56 6.3 -1.2
ICLN iShares Global Clean Energy ETF 0.3 41 -25 4.3 -3.2
SUPL ProShares Supply Chain Logistics ETF 0.3 58 -42 13.2 +5.7
FLEE Franklin FTSE Europe ETF 0.3 9 7 6.8 -0.7
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.3 80 -64 5.6 -1.8
GMET VanEck Green Metals ETF 0.3 63 -47 10.1 +2.7
FPAG FPA Global Equity ETF 0.3 49 -33 5.6 -1.9
CGV Conductor Global Equity Value ETF 0.3 130 -114 11.3 +3.9
TRFM AAM Transformers ETF 0.3 49 -33 1.2 -6.2
TEMP JPMorgan Climate Change Solutions ETF 0.3 49 -33 4.7 -2.8
KFVG KraneShares CICC China 5G & Semiconductor Index ETF 0.3 65 -49 5.0 -2.5
AQWA Global X Clean Water ETF 0.3 50 -34 4.3 -3.2
GXG Global X MSCI Colombia ETF 0.2 62 -46 15.2 +7.8
PIO Invesco Global Water ETF 0.2 75 -59 4.9 -2.6
BEDZ AdvisorShares Hotel ETF 0.2 100 -84 2.8 -4.7
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.2 80 -64 11.0 +3.5
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.2 19 -3 5.8 -1.6
DFGR Dimensional Global Real Estate ETF 0.2 22 -6 7.0 -0.5
REET iShares Global REIT ETF 0.2 14 2 7.1 -0.4
BLDG Cambria Global Real Estate ETF 0.2 60 -44 9.3 +1.8
AVRE Avantis Real Estate ETF 0.2 17 -1 6.6 -0.9
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.2 46 -30 5.6 -1.9
RAYS Global X Solar ETF 0.2 51 -35 4.7 -2.8
CUT Invesco MSCI Global Timber ETF 0.2 61 -45 8.5 +1.1
FTRI First Trust Indxx Global Natural Resources Income ETF 0.2 70 -54 10.7 +3.2
SCHC Schwab International Small-Cap Equity ETF 0.2 11 5 6.4 -1.1
EFRA iShares Environmental Infrastructure and Industrials ETF 0.2 47 -31 5.2 -2.3
ESPO VanEck Video Gaming and eSports ETF 0.2 56 -40 4.5 -3.0
ION ProShares S&P Global Core Battery Metals ETF 0.2 58 -42 11.6 +4.1
TAN Invesco Solar ETF 0.2 67 -51 6.1 -1.4
IQRA IQ CBRE Real Assets ETF 0.2 65 -49 5.9 -1.6
RFEU First Trust Riverfront Dynamic Europe ETF 0.2 83 -67 8.8 +1.3
APIE ActivePassive International Equity ETF 0.2 45 -29 7.7 +0.2
SETM Sprott Energy Transition Materials ETF 0.2 65 -49 5.4 -2.1
WOOD iShares Global Timber & Forestry ETF 0.2 42 -26 9.6 +2.1
ERUS iShares MSCI Russia ETF 0.2 8 8 11.3 +3.8
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.2 39 -23 7.3 -0.2
EXI iShares Global Industrials ETF 0.2 42 -26 4.6 -2.9
FLHK Franklin FTSE Hong Kong ETF 0.2 9 7 7.5 +0.0
IPKW Invesco International BuyBack Achievers ETF 0.2 55 -39 9.1 +1.6
FDHT Fidelity Digital Health ETF 0.2 39 -23 -2.4 -9.9
EDOC Global X Telemedicine & Digital Health ETF Registered 0.2 68 -52 -5.4 -12.9
EBIZ Global X E-Commerce ETF 0.2 50 -34 1.2 -6.3
PNQI Invesco NASDAQ Internet ETF 0.2 60 -44 2.6 -4.9
CCSO Carbon Collective Climate Solutions US Equity ETF 0.2 35 -19 2.3 -5.1
PBW Invesco WilderHill Clean Energy ETF 0.2 66 -50 -19.7 -27.2
HAIL SPDR S&P Kensho Smart Mobility ETF 0.2 45 -29 -2.0 -9.5
AADR AdvisorShares Dorsey Wright ADR ETF 0.2 110 -94 5.4 -2.1
SFYF SoFi Social 50 ETF 0.2 29 -13 -2.6 -10.1
DMAT Global X Disruptive Materials ETF 0.2 59 -43 10.1 +2.7
CGW Invesco S&P Global Water Index ETF 0.2 57 -41 3.8 -3.7
IHAK iShares Cybersecurity & Tech ETF 0.2 47 -31 3.2 -4.3
ODDS Pacer BlueStar Digital Entertainment ETF 0.1 60 -44 3.0 -4.5
COPX Global X Copper Miners ETF 0.1 65 -49 7.2 -0.3
NERD Roundhill Video Games ETF 0.1 50 -34 8.0 +0.5
HERO Global X Video Games & Esports ETF 0.1 50 -34 5.0 -2.5
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.1 75 -59 5.2 -2.3
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -59 4.7 -2.8
SRET Global X SuperDividend REIT ETF 0.1 59 -43 10.1 +2.6
RFDI First Trust Riverfront Dynamic Developed International ETF 0.1 83 -67 9.0 +1.5
INTF iShares International Equity Factor ETF 0.1 15 1 7.8 +0.3
IPO Renaissance IPO ETF 0.1 60 -44 -3.2 -10.7
FRNW Fidelity Clean Energy ETF 0.1 39 -23 3.7 -3.8
DTEC ALPS Disruptive Technologies ETF 0.1 50 -34 3.2 -4.2
AGNG Global X Aging Population ETF 0.1 50 -34 4.1 -3.4
KOMP SPDR S&P Kensho New Economies Composite ETF 0.1 20 -4 2.1 -5.4
HTEC ROBO Global Healthcare Technology and Innovation ETF 0.1 68 -52 1.1 -6.4
ARKF ARK Fintech Innovation ETF 0.1 75 -59 -2.2 -9.7
AWAY ETFMG Travel Tech ETF 0.1 76 -60 -4.1 -11.6
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 0.1 65 -49 6.3 -1.2
FCLD Fidelity Cloud Computing ETF 0.1 39 -23 2.3 -5.1
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.1 39 -23 7.6 +0.1
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.1 65 -49 12.7 +5.3
HART IQ Healthy Hearts ETF 0.1 45 -29 5.3 -2.2
VYM Vanguard High Dividend Yield Index ETF 0.1 6 10 7.3 -0.2
GCOW Pacer Global Cash Cows Dividend ETF 0.1 60 -44 13.6 +6.1
LUX Tema Luxury ETF 0.1 75 -59 3.3 -4.2
IDHQ Invesco S&P International Developed High Quality ETF 0.1 29 -13 5.7 -1.7
DIHP Dimensional International High Profitability ETF 0.1 29 -13 6.9 -0.6
SDIV Global X Superdividend ETF 0.1 58 -42 17.6 +10.1
IXJ iShares Global Healthcare ETF 0.1 42 -26 6.1 -1.4
TINT ProShares Smart Materials ETF 0.1 58 -42 5.7 -1.8
ARGT Global X MSCI Argentina ETF 0.1 59 -43 7.4 -0.1
MXI iShares Global Materials ETF 0.1 41 -25 6.7 -0.8
IBRN iShares Neuroscience and Healthcare ETF 0.1 47 -31 -4.9 -12.4
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.1 9 7 5.0 -2.5
JXI iShares Global Utilities ETF 0.1 43 -27 6.7 -0.8
IGF iShares Global Infrastructure ETF 0.1 41 -25 5.0 -2.5
GII SPDR S&P Global Infrastructure ETF 0.1 40 -24 5.0 -2.5
URA Global X Uranium ETF 0.1 69 -53 3.9 -3.6
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 6 5.4 -2.0
GOEX Global X Gold Explorers ETF 0.1 65 -49 5.0 -2.5
ZSB USCF Sustainable Battery Metals Strategy Fund 0.1 61 -45 14.8 +7.4
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 -9 7.1 -0.4
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 -23 7.2 -0.2
DFAI Dimensional International Core Equity Market ETF 0.0 18 -2 6.9 -0.6
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 -9 7.0 -0.4
EWX SPDR S&P Emerging Markets Small Cap ETF 0.0 65 -49 7.7 +0.3
DIVI Franklin International Core Dividend Tilt Index ETF 0.0 9 7 8.0 +0.5
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 -5 3.9 -3.6
DTH WisdomTree International High Dividend Fund 0.0 58 -42 10.1 +2.6
DIM WisdomTree International MidCap Dividend Fund 0.0 58 -42 7.6 +0.1
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 -26 5.1 -2.4
BKLC BNY Mellon US Large Cap Core Equity ETF 0.0 0 16 5.2 -2.2
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.0 7 9 5.2 -2.3
JHMD John Hancock Multifactor Developed International ETF 0.0 39 -23 7.3 -0.1
VCLN Virtus Duff & Phelps Clean Energy ETF 0.0 59 -43 3.5 -4.0
NBCC Neuberger Berman Next Generation Connected Consumer ETF 0.0 56 -40 1.7 -5.8
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 5 5.2 -2.3
REMX VanEck Rare Earth/Strategic Metals ETF 0.0 54 -38 12.0 +4.5
DWM WisdomTree International Equity Fund 0.0 48 -32 7.8 +0.3
GNOM Global X Genomics & Biotechnology ETF 0.0 50 -34 -5.3 -12.8
LITP Sprott Lithium Miners ETF 0.0 65 -49 12.4 +5.0
DTCR Global X Data Center & Digital Infrastructure ETF 0.0 50 -34 2.7 -4.8
SRVR Pacer Data & Infrastructure Real Estate ETF 0.0 55 -39 2.9 -4.6
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.0 40 -24 7.8 +0.3
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 7 5.0 -2.5
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.0 35 -19 6.4 -1.1
RVRB Reverb ETF 0.0 30 -14 4.9 -2.5
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 -8 6.2 -1.3
NANC Unusual Whales Subversive Democratic Trading ETF 0.0 75 -59 3.7 -3.7
KSTR KraneShares SSE STAR Market 50 Index ETF 0.0 89 -73 2.6 -4.9
DFIC Dimensional International Core Equity 2 ETF 0.0 23 -7 7.4 -0.1
KRUZ Unusual Whales Subversive Republican Trading ETF 0.0 75 -59 4.9 -2.6

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%.

Content on this tab for subscribers only**

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 ESG Advanced MSCI EM ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 10.5 %
Divided by: Fwd. P/BV 1.4 x
Less: Expense ratio 16 bp
Equals: ALTAR Score 7.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.42 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.