Columbia Sustainable International Equity Income ETF
ALTAR
Score™
11.0% info Recommen-
dation
SPECULATIVE
2020E    2021E
P/E
ratio
13.6x P/Sales
ratio
0.5x
P/BV
ratio
0.8x Div.
yield
4.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Columbia Sustainable International Equity Income ETF tracks an index composed of 100 equities from developed markets outside of the U.S (excluding REITs). These securities exhibit a minimum ESG rating (as determined by MSCI) and dividend characteristics.

FUND BASICS
Category International Equities
Fund Sponsor Columbia
Website www.columbiathreadneedleetf.com
Inception date Jun 13, 2016
Assets (mns) $4
Currency USD
Expense ratio 45 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 101
Wgt avg mkt cap (mns) $21,711
Large cap (>$10bn) 49.8%
Mid cap ($2-10bn) 49.5%
Small cap (<$2bn) 0.7%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
PANDORA A/S 1.7 %
MITSUBISHI CORP 1.5 %
MARUBENI CORP 1.5 %
KERRY PROPERTIES LTD 1.5 %
ACS ACTIVIDADES CONS Y SERV 1.5 %
JS GROUP CORP 1.5 %
UNITED OVERSEAS BANK LTD 1.5 %
ORIX CORP 1.4 %
SUMITOMO MITSUI FINANCIAL GR 1.4 %
QANTAS AIRWAYS LTD 1.4 %
Total 14.9 %

TOP COUNTRY EXPOSURE
JAPAN 49.0 %
CANADA 7.2 %
AUSTRALIA 6.0 %
HONG KONG 5.6 %
BRITAIN 5.1 %
SINGAPORE 4.9 %
SPAIN 4.8 %
NETHERLANDS 3.7 %
DENMARK 3.2 %
ITALY 2.0 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru September 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-14.6% -8.8% -- -- 3.8%

Market Correlations
versus... Beta R-squared
S&P500 0.85 75%
MSCI EAFE 1.05 93%
MSCI Emg. Mkts. 0.73 71%

Technical Indicators
Recent close $22.11
30d moving avg. $22.28
Annualized volatility 17.5%
Short interest (ETF) 0.0%
Relative strength (RSI) 45

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.5%
Bid/Ask (% of price) 0.88%
ADV underlying (mns) $5,817

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 98 potential alternatives to the Columbia Sustainable International Equity Income ETF ETF based on the alternatives' overlap in portfolio holdings with ESGN. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: ESGN Expense: 45 bp ALTAR Score™: 11.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH ESGN
Ticker Fund
Name
Overlap1
vs ESGN
(%)
Expense
ratio
(bp)
Savings
vs ESGN
(bp)
ALTAR
Score™
(%)
ALTAR
vs ESGN
(%)
IVLU iShares Edge MSCI Intl Value Factor ETF 23.8 30 15 11.7 +0.7
FIVA Fidelity International Value Factor ETF 22.1 39 6 10.0 -1.0
EWJV iShares MSCI Japan Value ETF 20.1 15 30 9.2 -1.8
DVYA iShares Asia/Pacific Dividend ETF 20.0 49 -4 13.4 +2.4
IDY Pacific Global International Equity Income ETF 19.7 39 6 8.2 -2.8
DMDV AAM S&P Developed Markets High Dividend Value ETF 19.3 39 6 11.5 +0.5
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 18.3 25 20 7.1 -3.9
SCIJ Global X Scientific Beta Japan ETF 18.1 40 5 0.0 -11.0
INTF iShares Edge MSCI Multifactor Intl ETF 17.7 30 15 7.9 -3.1
EFAS Global X MSCI SuperDividend EAFE ETF 16.3 56 -11 9.9 -1.1
VGFO Virtus WMC Global Factor Opportunities ETF 16.2 49 -4 8.2 -2.8
DWMF WisdomTree International Multifactor Fund 15.8 38 7 6.3 -4.7
EWJ iShares MSCI Japan ETF 15.6 49 -4 6.9 -4.1
QJPN SPDR MSCI Japan StrategicFactors ETF 15.5 14 31 7.5 -3.5
JPXN iShares JPX-Nikkei 400 ETF 15.5 48 -3 7.0 -4.0
IDHD Invesco S&P Intl Developed High Dividend Low Volatility ETF 15.5 30 15 8.6 -2.4
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 15.3 80 -35 6.6 -4.4
EFV iShares MSCI EAFE Value ETF 15.2 39 6 9.8 -1.2
IQIN IQ 500 International ETF 15.2 25 20 8.7 -2.3
BBJP JPMorgan BetaBuilders Japan ETF 15.1 19 26 7.2 -3.8
JPN Xtrackers Japan JPX-Nikkei 400 Equity ETF 15.1 9 36 7.4 -3.6
DBJP Xtrackers MSCI Japan Hedged Equity ETF 15.0 45 0 7.0 -4.0
FJP First Trust Japan AlphaDEX Fund 14.9 80 -35 8.6 -2.4
UIVM VictoryShares USAA MSCI International Value Momentum ETF 14.8 35 10 8.6 -2.4
ISDX Invesco Strategic Developed ex-US ETF 14.8 23 22 7.4 -3.6
LVHI Legg Mason International Low Volatility High Dividend ETF 14.7 40 5 9.5 -1.5
FLJP Franklin FTSE Japan ETF 14.6 9 36 7.4 -3.6
FLJH Franklin FTSE Japan Hedged ETF 14.5 9 36 7.3 -3.7
DOO WisdomTree International Dividend ex-Financials Fund 14.5 58 -13 9.0 -2.0
DOL WisdomTree International LargeCap Dividend Fund 14.5 48 -3 8.9 -2.1
EWJE iShares MSCI Japan Equal Weighted ETF 14.5 15 30 7.1 -3.9
DXJ WisdomTree Japan Hedged Equity Fund 14.2 48 -3 7.9 -3.1
RODM Hartford Multifactor Developed Markets (ex-US) ETF 14.2 29 16 7.7 -3.3
JPMV iShares Edge MSCI Min Vol Japan ETF 13.7 30 15 0.0 -11.0
IDLV Invesco S&P International Developed Low Volatility ETF 13.5 25 20 6.5 -4.5
FNDF Schwab Fundamental International Large Co. Index ETF 13.5 25 20 8.8 -2.2
DTH WisdomTree DEFA Equity Income Fund 13.5 58 -13 10.1 -0.9
VYMI Vanguard International High Dividend Yield ETF 13.4 27 18 10.1 -0.9
HDEF Xtrackers MSCI EAFE High Dividend Yield Hedged Equity ETF 13.4 20 25 9.9 -1.1
ICOW Pacer Developed Markets International Cash Cows 100 ETF 13.3 65 -20 10.8 -0.2
PQIN PGIM QMA Strategic Alpha International Equity ETF 13.2 29 16 7.8 -3.2
PDEV Principal International Multi-Factor Core Index ETF 13.1 25 20 7.9 -3.1
IPAC iShares Core MSCI Pacific ETF 13.1 9 36 7.1 -3.9
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 13.1 35 10 8.7 -2.3
DWM WisdomTree International Equity Fund 12.9 48 -3 8.5 -2.5
JPIN JPMorgan Diversified Return International Equity ETF 12.7 37 8 7.8 -3.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 12.2 45 0 8.9 -2.1
LVIN Hartford Multifactor Low Volatility International Equity ETF 12.1 29 16 11.5 +0.5
JHMD John Hancock Multifactor Developed International ETF 12.0 39 6 7.3 -3.7
GSIE Goldman Sachs ActiveBeta International Equity ETF 11.9 25 20 6.6 -4.4
FDEV Fidelity Targeted International Factor ETF 11.8 39 6 6.5 -4.5
QINT American Century Quality Diversified International ETF 11.6 39 6 6.1 -4.9
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 11.5 35 10 6.8 -4.2
GSID Goldman Sachs MarketBeta International Equity ETF 11.3 20 25 7.3 -3.7
EFA iShares MSCI EAFE ETF 11.2 32 13 7.1 -3.9
VPL Vanguard FTSE Pacific ETF 11.2 8 37 7.3 -3.7
BKIE BNY Mellon International Equity ETF 11.2 4 41 7.5 -3.5
RESD WisdomTree International ESG Fund 11.0 30 15 6.8 -4.2
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 11.0 35 10 6.9 -4.1
RBIN Nationwide Risk-Based International Equity ETF 10.9 42 3 6.1 -4.9
ESGD iShares MSCI EAFE ESG Optimized ETF 10.9 20 25 6.9 -4.1
HFXI IQ 50 Percent Hedged FTSE International ETF 10.8 20 25 7.5 -3.5
QEFA SPDR MSCI EAFE Quality Mix ETF 10.8 30 15 6.8 -4.2
HDAW Xtrackers MSCI All World ex US High Dividend Yield Hedged 10.7 20 25 11.6 +0.6
FIDI Fidelity International High Dividend ETF 10.5 39 6 11.5 +0.5
IQDF FlexShares International Quality Dividend Index Fund 10.4 47 -2 9.1 -1.9
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 10.4 7 38 7.5 -3.5
IDV iShares International Select Dividend ETF 10.3 49 -4 10.7 -0.3
IQSI IQ Candriam ESG International Equity ETF 10.3 15 30 7.4 -3.6
MVIN Natixis Seeyond International Minimum Volatility ETF 10.0 56 -11 5.7 -5.3
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 10.0 39 6 6.6 -4.4
RFDI First Trust Riverfront Dynamic Developed International ETF 10.0 83 -38 5.7 -5.3
CID VictoryShares Intl High Dividend Volatility Wtd Index ETF 9.9 45 0 11.0 +0.0
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Id 9.8 32 13 6.1 -4.9
IQDY FlexShares International Quality Dividend Dynamic Index Fund 9.8 47 -2 9.2 -1.8
IDOG ALPS International Sector Dividend Dogs ETF 9.8 50 -5 11.4 +0.4
SCHF Schwab International Equity ETF 9.8 6 39 7.3 -3.7
RFAP First Trust Riverfront Dynamic Asia Pacific ETF 9.8 83 -38 5.4 -5.6
DIM WisdomTree International MidCap Dividend Fund 9.7 58 -13 7.5 -3.5
IEFA iShares Core MSCI EAFE ETF 9.7 7 38 7.3 -3.7
ISZE iShares Edge MSCI Intl Size Factor ETF 9.7 30 15 7.2 -3.8
IGRO iShares International Dividend Growth ETF 9.7 22 23 8.4 -2.6
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 9.6 14 31 7.0 -4.0
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 9.4 45 0 7.0 -4.0
CIL VictoryShares International Volatility Weighted Index ETF 9.3 45 0 6.9 -4.1
IDEV iShares Core MSCI International Developed Markets ETF 9.3 5 40 7.2 -3.8
NUDM Nuveen ESG International Developed Markets Equity ETF 9.2 40 5 6.8 -4.2
IQDE FlexShares International Quality Dividend Defensive Index Fd 9.2 47 -2 9.1 -1.9
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 9.2 20 25 7.1 -3.9
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 9.1 24 21 6.9 -4.1
DMXF iShares ESG Advanced MSCI EAFE ETF 9.1 12 33 6.9 -4.1
VIDI Vident International Equity Fund 9.1 59 -14 11.3 +0.3
RNDM Developed International Equity Select ETF 9.0 65 -20 6.2 -4.8
SPDW SPDR Portfolio Developed World ex-US ETF 9.0 4 41 7.1 -3.9
VEA Vanguard FTSE Developed Markets ETF 8.9 5 40 7.4 -3.6
EFAV iShares Edge MSCI Min Vol EAFE ETF 8.8 20 25 5.4 -5.6
FYLD Cambria Foreign Shareholder Yield ETF 8.8 59 -14 6.1 -4.9
TPIF Timothy Plan International ETF 8.7 62 -17 6.3 -4.7

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%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
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
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Columbia Sustainable International Equity Income ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE

Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 9.2 %
Divided by: Fwd. P/BV 0.8 x
Less: Expense ratio 45 bp
Equals: ALTAR Score 11.0 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.56 CATEGORY
AVERAGE
1.57
 
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.