Columbia Sustainable International Equity Income ETF
ALTAR
Score™
11.3% info Recommen-
dation
SPECULATIVE
2020E    2021E
P/E
ratio
12.7x P/Sales
ratio
0.5x
P/BV
ratio
0.8x Div.
yield
4.2%


  • 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) $20,394
Large cap (>$10bn) 52.6%
Mid cap ($2-10bn) 46.3%
Small cap (<$2bn) 1.1%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
SHOWA DENKO K K 1.7 %
H LUNDBECK A/S 1.7 %
ALFRESA HOLDINGS CORP 1.6 %
KYUSHU ELECTRIC POWER CO INC 1.6 %
ROYAL AHOLD DELHAIZE N.V. 1.6 %
KIRIN HOLDINGS CO LTD 1.6 %
CIMIC GROUP LTD 1.5 %
WM MORRISON SUPERMARKETS 1.5 %
IDEMITSU KOSAN CO LTD 1.5 %
COVESTRO AG 1.5 %
Total 15.8 %

TOP COUNTRY EXPOSURE
JAPAN 41.9 %
GERMANY 8.5 %
AUSTRALIA 7.9 %
NETHERLANDS 5.9 %
HONG KONG 5.6 %
BRITAIN 4.6 %
CANADA 4.4 %
FRANCE 4.0 %
SPAIN 3.8 %
SINGAPORE 2.7 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-18.6% -9.4% -- -- 2.9%

Market Correlations
versus... Beta R-squared
S&P500 0.88 77%
MSCI EAFE 1.05 94%
MSCI Emg. Mkts. 0.78 80%

Technical Indicators
Recent close $21.88
30d moving avg. $20.18
Annualized volatility 17.0%
Short interest (ETF) 0.0%
Relative strength (RSI) 61

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.5%
Bid/Ask (% of price) 1.12%
ADV underlying (mns) $6,613

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 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™: 11.3%


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
(%)
FIVA Fidelity International Value Factor ETF 23.6 39 6 10.4 -0.8
IVLU iShares Edge MSCI Intl Value Factor ETF 20.6 30 15 11.4 +0.2
ICOW Pacer Developed Markets International Cash Cows 100 ETF 19.6 65 -20 11.9 +0.7
CID VictoryShares Intl High Dividend Volatility Wtd Index ETF 18.1 45 0 10.0 -1.3
DMDV AAM S&P Developed Markets High Dividend Value ETF 17.5 39 6 11.2 -0.1
EFV iShares MSCI EAFE Value ETF 17.3 39 6 10.3 -1.0
IQIN IQ 500 International ETF 17.1 25 20 9.2 -2.1
IDY Pacific Global International Equity Income ETF 16.8 39 6 8.2 -3.1
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 16.8 25 20 7.6 -3.7
INTF iShares Edge MSCI Multifactor Intl ETF 16.4 30 15 8.5 -2.8
EWJV iShares MSCI Japan Value ETF 16.0 15 30 10.8 -0.5
DTH WisdomTree DEFA Equity Income Fund 15.6 58 -13 9.8 -1.5
RFAP First Trust Riverfront Dynamic Asia Pacific ETF 15.1 83 -38 7.1 -4.2
DOO WisdomTree International Dividend ex-Financials Fund 14.7 58 -13 8.8 -2.5
DOL WisdomTree International LargeCap Dividend Fund 14.6 48 -3 8.7 -2.6
RODM Hartford Multifactor Developed Markets (ex-US) ETF 14.5 29 16 8.8 -2.5
QJPN SPDR MSCI Japan StrategicFactors ETF 14.5 14 31 8.0 -3.3
IDHD Invesco S&P Intl Developed High Dividend Low Volatility ETF 14.4 30 15 7.5 -3.8
EWJ iShares MSCI Japan ETF 14.4 49 -4 7.4 -3.9
JPXN iShares JPX-Nikkei 400 ETF 14.4 48 -3 7.5 -3.8
FYLD Cambria Foreign Shareholder Yield ETF 14.2 59 -14 9.6 -1.7
BBJP JPMorgan BetaBuilders Japan ETF 14.1 19 26 7.7 -3.6
FNDF Schwab Fundamental International Large Co. Index ETF 14.0 25 20 8.9 -2.4
JPN Xtrackers Japan JPX-Nikkei 400 Equity ETF 13.7 9 36 7.9 -3.4
DBJP Xtrackers MSCI Japan Hedged Equity ETF 13.7 45 0 7.4 -3.9
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 13.7 80 -35 6.1 -5.2
HFXJ IQ 50 Percent Hedged FTSE Japan ETF 13.6 30 15 7.6 -3.7
FLJP Franklin FTSE Japan ETF 13.6 9 36 7.8 -3.5
JPMV iShares Edge MSCI Min Vol Japan ETF 13.4 30 15 6.9 -4.4
FLJH Franklin FTSE Japan Hedged ETF 13.4 9 36 7.7 -3.5
PQIN PGIM QMA Strategic Alpha International Equity ETF 13.4 29 16 8.2 -3.1
IPAC iShares Core MSCI Pacific ETF 13.2 9 36 7.5 -3.8
JPIN JPMorgan Diversified Return International Equity ETF 13.0 38 7 8.0 -3.2
DXJ WisdomTree Japan Hedged Equity Fund 13.0 48 -3 8.3 -2.9
SCIJ Global X Scientific Beta Japan ETF 13.0 39 6 7.1 -4.2
IDLV Invesco S&P International Developed Low Volatility ETF 13.0 25 20 6.9 -4.4
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 12.9 45 0 9.1 -2.2
UIVM VictoryShares USAA MSCI International Value Momentum ETF 12.9 35 10 8.7 -2.6
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 12.8 35 10 8.7 -2.6
DWM WisdomTree International Equity Fund 12.7 48 -3 8.4 -2.9
ISDX Invesco Strategic Developed ex-US ETF 12.6 23 22 7.6 -3.7
TPIF Timothy Plan International ETF 12.4 62 -17 7.1 -4.2
PDEV Principal International Multi-Factor Core Index ETF 12.1 25 20 8.0 -3.2
VYMI Vanguard International High Dividend Yield ETF 11.8 32 13 10.4 -0.9
DHDG WisdomTree Dynamic Currency Hedged Intl Quality Div Growth 11.8 48 -3 0.0 -11.3
GSIE Goldman Sachs ActiveBeta International Equity ETF 11.7 25 20 6.9 -4.3
QINT American Century Quality Diversified International ETF 11.7 39 6 6.0 -5.3
IQSI IQ Candriam ESG International Equity ETF 11.7 15 30 7.5 -3.8
DWMF WisdomTree International Multifactor Fund 11.6 38 7 6.9 -4.4
VPL Vanguard FTSE Pacific ETF 11.6 8 37 7.9 -3.4
JPGE JPMorgan Diversified Return Global Equity ETF 11.6 29 16 7.4 -3.9
JHMD John Hancock Multifactor Developed International ETF 11.6 45 0 7.6 -3.7
GCOW Pacer Global High Dividend ETF 11.6 60 -15 10.9 -0.4
RFDI First Trust Riverfront Dynamic Developed International ETF 11.5 83 -38 6.4 -4.8
ESGD iShares MSCI EAFE ESG Optimized ETF 11.2 20 25 7.3 -3.9
LVIN Hartford Multifactor Low Volatility International Equity ETF 11.1 29 16 12.4 +1.1
NUDM Nuveen ESG International Developed Markets Equity ETF 10.9 40 5 7.0 -4.3
IDOG ALPS International Sector Dividend Dogs ETF 10.8 50 -5 11.2 -0.1
EFA iShares MSCI EAFE ETF 10.7 32 13 7.3 -4.0
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 10.5 35 10 7.1 -4.1
RBIN Nationwide Risk-Based International Equity ETF 10.4 42 3 6.5 -4.8
FIDI Fidelity International High Dividend ETF 10.4 39 6 11.1 -0.2
HFXI IQ 50 Percent Hedged FTSE International ETF 10.3 20 25 7.7 -3.6
QEFA SPDR MSCI EAFE Quality Mix ETF 10.3 30 15 6.9 -4.4
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Id 10.2 32 13 6.6 -4.7
EWJE iShares MSCI Japan Equal Weighted ETF 10.2 15 30 7.1 -4.2
FJP First Trust Japan AlphaDEX Fund 10.1 80 -35 9.2 -2.1
CIL VictoryShares International Volatility Weighted Index ETF 9.9 45 0 6.8 -4.5
IQDY FlexShares International Quality Dividend Dynamic Index Fund 9.7 47 -2 13.8 +2.5
EZU iShares MSCI Eurozone ETF 9.7 49 -4 7.0 -4.3
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 9.6 7 38 7.7 -3.6
EURZ Xtrackers Eurozone Equity ETF 9.5 9 36 7.3 -4.0
MVIN Natixis Seeyond International Minimum Volatility ETF 9.4 55 -10 5.8 -5.5
LVHI Legg Mason International Low Volatility High Dividend ETF 9.3 40 5 10.3 -1.0
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 9.2 45 0 6.9 -4.3
RNDM Developed International Equity Select ETF 9.2 65 -20 6.5 -4.8
IEFA iShares Core MSCI EAFE ETF 9.1 7 38 7.4 -3.8
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 9.1 39 6 6.8 -4.5
EFAD ProShares MSCI EAFE Dividend Growers ETF 9.1 50 -5 6.6 -4.6
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 9.0 20 25 7.4 -3.9
ISZE iShares Edge MSCI Intl Size Factor ETF 8.9 30 15 7.1 -4.2
FDEV Fidelity Targeted International Factor ETF 8.9 39 6 6.7 -4.6
SCHF Schwab International Equity ETF 8.9 6 39 7.5 -3.7
EPP iShares MSCI Pacific ex-Japan ETF 8.9 48 -3 7.0 -4.3
IQDF FlexShares International Quality Dividend Index Fund 8.8 47 -2 13.2 +1.9
IGRO iShares International Dividend Growth ETF 8.8 22 23 8.2 -3.1
FEUZ First Trust Eurozone AlphaDEX ETF 8.8 80 -35 8.0 -3.2
IQDE FlexShares International Quality Dividend Defensive Index Fd 8.8 47 -2 12.9 +1.7
IDEV iShares Core MSCI International Developed Markets ETF 8.7 5 40 7.4 -3.9
SPDW SPDR Portfolio Developed World ex-US ETF 8.6 4 41 7.4 -3.9
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 8.5 25 20 6.9 -4.4
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 8.5 14 31 7.1 -4.2
JPEU JPMorgan Diversified Return Europe Equity ETF 8.4 37 8 7.0 -4.3
CWI SPDR MSCI ACWI ex-US ETF 8.4 30 15 7.8 -3.5
DIM WisdomTree International MidCap Dividend Fund 8.3 58 -13 7.8 -3.5
BBAX JPMorgan BetaBuilders Developed Asia ex-Japan ETF 8.3 19 26 7.2 -4.1
EFAV iShares Edge MSCI Min Vol EAFE ETF 8.2 20 25 5.9 -5.4
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 8.1 24 21 7.3 -4.0
HEDJ WisdomTree Europe Hedged Equity Fund 8.1 58 -13 7.2 -4.1

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

  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 9.6 %
Divided by: Fwd. P/BV 0.8 x
Less: Expense ratio 45 bp
Equals: ALTAR Score 11.3 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.60 CATEGORY
AVERAGE
1.59
 
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.