ProShares MSCI Europe Dividend Growers ETF
ALTAR
Score™		 4.9% info Recommen-
dation		 AVOID
2024E    2025E
P/E
ratio		 20.8x P/Sales
ratio		 1.8x
P/BV
ratio		 3.0x Div.
yield		 2.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The ProShares MSCI Europe Dividend Growers ETF tracks an index of European companies with a history of stable dividend growth

FUND BASICS
Category International Equities
Fund Sponsor ProShares
Website www.proshares.com
Inception date Sep 09, 2015
Assets (mns) $7
Currency USD
Expense ratio 55 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 43
Wgt avg mkt cap (mns) $67,608
Large cap (>$10bn) 78.8%
Mid cap ($2-10bn) 18.3%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ROCHE HOLDING AG-BR 2.9 %
HALMA PLC 2.7 %
ASML HOLDING NV 2.6 %
SYMRISE AG 2.6 %
UCB SA 2.5 %
NOVO NORDISK A/S-B 2.5 %
GIVAUDAN-REG 2.5 %
REED ELSEVIER PLC 2.5 %
NOVARTIS AG 2.5 %
WOLTERS KLUWER 2.5 %
Total 25.9 %

TOP COUNTRY EXPOSURE
BRITAIN 27.4 %
SWITZERLAND 22.0 %
GERMANY 11.8 %
DENMARK 7.4 %
BELGIUM 7.0 %
NETHERLANDS 5.1 %
ITALY 4.7 %
IRELAND 4.6 %
SPAIN 2.4 %
NORWAY 2.3 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
1.9% 9.5% 5.5% -- 4.9%

Market Correlations
versus... Beta R-squared
S&P500 0.94 78%
MSCI EAFE 1.01 83%
MSCI Emg. Mkts. 0.70 41%

Technical Indicators
Recent close $49.05
30d moving avg. $48.57
Annualized volatility 19.2%
Short interest (ETF) 0.1%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.7%
Bid/Ask (% of price) 0.38%
ADV underlying (mns) $3,681

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 295 potential alternatives to the ProShares MSCI Europe Dividend Growers ETF ETF based on the alternatives' overlap in portfolio holdings with EUDV. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EUDV Expense: 55 bp ALTAR Score™: 4.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EUDV
Ticker Fund
Name		 Overlap1
vs EUDV
(%)		 Expense
ratio
(bp)		 Savings
vs EUDV
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EUDV
(%)
EFAD ProShares MSCI EAFE Dividend Growers ETF 55.7 50 5 5.0 +0.1
VIGI Vanguard International Dividend Appreciation ETF 26.3 15 40 5.7 +0.8
OEUR ALPS O'Shares Europe Quality Dividend ETF 24.9 48 7 5.9 +1.0
EUDG WisdomTree Europe Quality Dividend Growth Fund 24.1 58 -3 5.9 +0.9
FICS First Trust International Developed Capital Strength ETF 21.6 70 -15 4.3 -0.7
IGRO iShares International Dividend Growth ETF 21.4 15 40 7.1 +2.2
BBEU JPMorgan BetaBuilders Europe ETF 21.3 9 46 6.9 +2.0
IQDG WisdomTree International Quality Dividend Growth Fund 20.7 42 13 6.1 +1.2
RFEU First Trust Riverfront Dynamic Europe ETF 20.6 83 -28 8.8 +3.9
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 20.6 58 -3 6.0 +1.1
IDHQ Invesco S&P International Developed High Quality ETF 20.6 29 26 6.2 +1.3
DBEU Xtrackers MSCI Europe Hedged Equity ETF 20.5 46 9 6.5 +1.6
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 20.4 25 30 6.9 +1.9
FLEE Franklin FTSE Europe ETF 20.3 9 46 6.9 +2.0
IEV iShares Europe ETF 19.3 67 -12 6.2 +1.2
FLSW Franklin FTSE Switzerland ETF 18.6 9 46 5.0 +0.1
IEUR iShares Core MSCI Europe ETF 17.8 11 44 6.6 +1.7
IQSI IQ Candriam International Equity ETF 17.7 15 40 6.4 +1.4
VGK Vanguard FTSE Europe ETF 17.6 11 44 6.7 +1.7
IMFL Invesco International Developed Dynamic Multifactor ETF 17.5 34 21 10.8 +5.8
SPEU SPDR Portfolio Europe ETF 17.4 7 48 6.6 +1.6
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 17.0 32 23 5.7 +0.7
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 16.8 42 13 7.4 +2.5
EFG iShares MSCI EAFE Growth ETF 16.6 36 19 4.3 -0.6
UMMA Wahed Dow Jones Islamic World ETF 16.6 65 -10 4.6 -0.4
EWL iShares MSCI Switzerland ETF 15.9 50 5 4.0 -1.0
IQLT iShares MSCI Intl Quality Factor ETF 15.6 30 25 6.0 +1.0
DMXF iShares ESG Advanced MSCI EAFE ETF 15.6 12 43 5.1 +0.2
DIVI Franklin International Core Dividend Tilt Index ETF 15.3 9 46 7.6 +2.7
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 15.2 20 35 6.8 +1.8
NUDM Nuveen ESG International Developed Markets Equity ETF 15.2 31 24 6.3 +1.3
JIRE JPMorgan International Research Enhanced Equity ETF 15.0 24 31 6.8 +1.9
BKCI BNY Mellon Concentrated International ETF 15.0 80 -25 3.8 -1.1
QEFA SPDR MSCI EAFE StrategicFactors ETF 14.9 30 25 6.7 +1.8
ESGD iShares ESG Aware MSCI EAFE ETF 14.8 20 35 6.4 +1.5
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 14.7 36 19 6.5 +1.6
GSID Goldman Sachs MarketBeta International Equity ETF 14.7 20 35 6.7 +1.7
OSEA Harbor International Compounders ETF 14.7 55 0 3.9 -1.0
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 14.6 20 35 6.1 +1.1
HFXI IQ FTSE International Equity Currency Neutral ETF 14.2 20 35 6.8 +1.9
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 14.1 80 -25 3.5 -1.5
EFA iShares MSCI EAFE ETF 14.0 35 20 6.5 +1.6
FENI Fidelity Enhanced International ETF 13.5 28 27 8.0 +3.1
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 13.5 14 41 5.8 +0.9
TTAI FCF International Quality ETF 13.4 59 -4 6.6 +1.7
DOL WisdomTree International LargeCap Dividend Fund 13.4 48 7 7.7 +2.8
EWU iShares MSCI United Kingdom ETF 13.3 50 5 7.9 +3.0
EFAV iShares MSCI EAFE Min Vol Factor ETF 13.2 22 33 5.9 +1.0
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 13.1 65 -10 5.8 +0.9
BKIE BNY Mellon International Equity ETF 13.1 4 51 6.9 +1.9
FLGB Franklin FTSE United Kingdom ETF 12.9 9 46 8.2 +3.3
GSIE Goldman Sachs ActiveBeta International Equity ETF 12.4 25 30 7.0 +2.1
IEFA iShares Core MSCI EAFE ETF 12.0 7 48 6.7 +1.8
IQDF FlexShares International Quality Dividend Index Fund 12.0 47 8 8.9 +4.0
JIG JPMorgan International Growth ETF 11.6 55 0 4.3 -0.7
JHMD John Hancock Multifactor Developed International ETF 11.6 39 16 7.4 +2.5
IDEV iShares Core MSCI International Developed Markets ETF 10.7 4 51 6.8 +1.9
IQDE FlexShares International Quality Dividend Defensive Index ET 10.5 47 8 8.2 +3.3
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 10.5 9 46 9.5 +4.6
FIVA Fidelity International Value Factor ETF 10.4 18 37 9.8 +4.9
HEDJ WisdomTree Europe Hedged Equity Fund 10.4 58 -3 9.3 +4.4
DWM WisdomTree International Equity Fund 10.3 48 7 7.8 +2.8
FDEV Fidelity International Multifactor ETF 10.2 18 37 7.4 +2.5
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 10.1 40 15 7.9 +2.9
DIVS SmartETFs Dividend Builder ETF 10.1 65 -10 5.1 +0.1
IMTM iShares MSCI Intl Momentum Factor ETF 10.1 30 25 6.6 +1.7
VEA Vanguard FTSE Developed Markets ETF 10.0 5 50 6.9 +1.9
INTF iShares International Equity Factor ETF 9.9 15 40 8.0 +3.0
VWID Virtus WMC International Dividend ETF 9.8 49 6 9.2 +4.3
AGQI First Trust Active Global Quality Income ETF 9.8 85 -30 5.4 +0.5
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 9.7 41 14 6.7 +1.7
SPDW SPDR Portfolio Developed World ex-US ETF 9.7 3 52 6.8 +1.9
QINT American Century Quality Diversified International ETF 9.5 39 16 7.7 +2.7
EZU iShares MSCI Eurozone ETF 9.4 52 3 6.3 +1.4
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 9.4 20 35 10.2 +5.3
PIO Invesco Global Water ETF 9.2 75 -20 5.8 +0.9
SCHF Schwab International Equity ETF 9.2 6 49 7.1 +2.2
RFDI First Trust Riverfront Dynamic Developed International ETF 9.1 83 -28 8.8 +3.8
CWI SPDR MSCI ACWI ex-US ETF 9.0 30 25 6.7 +1.8
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 9.0 39 16 7.2 +2.3
FLEU Franklin FTSE Eurozone ETF 9.0 9 46 6.9 +2.0
RODM Hartford Multifactor Developed Markets (ex-US) ETF 8.9 29 26 8.6 +3.6
ACWX iShares MSCI ACWI ex U.S. ETF 8.9 34 21 6.8 +1.8
SAGP Strategas Global Policy Opportunities ETF 8.8 65 -10 5.3 +0.3
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 8.8 45 10 6.6 +1.7
IDMO Invesco S&P International Developed Momentum ETF 8.8 25 30 7.6 +2.6
CEFA Global X S&P Catholic Values Developed ex-US ETF 8.7 35 20 6.2 +1.2
CGXU Capital Group International Focus Equity ETF 8.7 54 1 5.1 +0.1
DIHP Dimensional International High Profitability ETF 8.5 29 26 7.4 +2.5
FEZ SPDR EURO STOXX 50 ETF 8.3 29 26 6.5 +1.5
DFAI Dimensional International Core Equity Market ETF 8.2 18 37 7.0 +2.0
IQDY FlexShares International Quality Dividend Dynamic Index Fund 8.1 47 8 9.1 +4.2
GDVD R3 Global Dividend Growth ETF 8.1 88 -33 5.6 +0.6
LVHI Franklin International Low Volatility High Dividend Index ET 8.1 40 15 10.3 +5.4
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 8.0 80 -25 5.2 +0.3
AGNG Global X Aging Population ETF 7.9 50 5 3.9 -1.0
VSGX Vanguard ESG International Stock ETF 7.9 12 43 6.5 +1.6
IDOG ALPS International Sector Dividend Dogs ETF 7.9 50 5 11.5 +6.5
EFAS Global X MSCI SuperDividend EAFE ETF 7.6 57 -2 9.7 +4.8
IXUS iShares Core MSCI Total International Stock ETF 7.6 7 48 7.0 +2.1
FKU First Trust United Kingdom AlphaDEX Fund 7.5 80 -25 7.1 +2.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 7.5 39 16 7.7 +2.7
DFSI Dimensional International Sustainability Core 1 ETF 7.4 24 31 6.1 +1.2
EDEN iShares MSCI Denmark ETF 7.4 53 2 5.8 +0.9
VEU Vanguard FTSE All-World ex-US Index Fund 7.3 8 47 7.0 +2.0
HART IQ Healthy Hearts ETF 7.3 45 10 5.2 +0.3
CIL VictoryShares International Volatility Wtd ETF 7.1 45 10 6.8 +1.9
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 7.1 51 4 6.7 +1.8
IXJ iShares Global Healthcare ETF 7.0 42 13 5.8 +0.9
TPIF Timothy Plan International ETF 7.0 62 -7 6.5 +1.6
EFV iShares MSCI EAFE Value ETF 7.0 34 21 8.9 +3.9
SXUS Janus Henderson International Sustainable Equity ETF 6.9 60 -5 4.1 -0.9
DWMF WisdomTree International Multifactor Fund 6.8 38 17 7.4 +2.4
FGM First Trust Germany AlphaDEX Fund 6.8 80 -25 9.7 +4.7
EWK iShares MSCI Belgium ETF 6.8 50 5 7.6 +2.6
CGGO Capital Group Global Growth Equity ETF 6.7 47 8 4.8 -0.2
WWJD Inspire International ETF 6.6 80 -25 6.9 +2.0
WRND IQ Global Equity R&D Leaders ETF 6.6 18 37 7.1 +2.1
ANEW ProShares MSCI Transformational Changes ETF 6.5 45 10 3.6 -1.3
IQIN IQ 500 International ETF 6.5 25 30 8.7 +3.8
FSZ First Trust Switzerland AlphaDEX Fund 6.4 80 -25 3.9 -1.0
VXUS Vanguard Total International Stock ETF 6.4 7 48 6.9 +2.0
AIVI WisdomTree International AI Enhanced Value Fund 6.2 58 -3 8.0 +3.0
BECO BlackRock Future Climate and Sustainable Economy ETF 6.1 70 -15 12.8 +7.9
VYMI Vanguard International High Dividend Yield ETF 6.1 22 33 9.6 +4.6
IMOM Alpha Architect International Quantitative Momentum ETF 5.9 49 6 7.3 +2.3
JPIN J.P. Morgan Diversified Return International Equity ETF 5.8 37 18 8.5 +3.5
SDG iShares MSCI Global Sustainable Development Goals ETF 5.6 49 6 5.6 +0.7
EQIN Columbia US Equity Income ETF 5.4 35 20 8.5 +3.5
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 5.4 45 10 8.6 +3.7
FPXE First Trust IPOX Europe Equity Opportunities ETF 5.4 70 -15 3.8 -1.2
JGLO JPMorgan Global Select Equity ETF 5.2 33 22 4.5 -0.4
RODE Hartford Multifactor Diversified International ETF 5.1 29 26 11.4 +6.5
ESGG FlexShares STOXX Global ESG Select Index Fund 5.1 42 13 5.2 +0.3
IPKW Invesco International BuyBack Achievers ETF 5.1 55 0 9.5 +4.6
DMDV AAM S&P Developed Markets High Dividend Value ETF 5.1 39 16 13.1 +8.1
EWN iShares MSCI Netherlands ETF 5.1 50 5 4.6 -0.3
DWX SPDR S&P International Dividend ETF 5.1 45 10 6.6 +1.7
QWLD SPDR MSCI World StrategicFactors ETF 5.0 30 25 5.9 +0.9
KXI iShares Global Consumer Staples ETF 5.0 41 14 5.5 +0.6
JHID John Hancock International High Dividend ETF 4.9 46 9 11.0 +6.1
FIDI Fidelity International High Dividend ETF 4.7 18 37 10.4 +5.5
ISZE iShares MSCI Intl Size Factor ETF 4.7 30 25 6.7 +1.8
TOLL Tema Monopolies and Oligopolies ETF 4.7 75 -20 2.8 -2.2
EWG iShares MSCI Germany ETF 4.7 50 5 6.5 +1.5
SHPP Pacer Industrials and Logistics ETF 4.7 60 -5 8.5 +3.6
CGW Invesco S&P Global Water Index ETF 4.7 57 -2 3.7 -1.2
EBLU Ecofin Global Water ESG Fund 4.7 40 15 3.9 -1.0
FLGR Franklin FTSE Germany ETF 4.7 9 46 7.1 +2.2
AVIV Avantis International Large Cap Value ETF 4.6 25 30 8.8 +3.9
PSP Invesco Global Listed Private Equity ETF 4.5 106 -51 8.0 +3.0
IVLU iShares MSCI Intl Value Factor ETF 4.5 30 25 11.0 +6.0
IDLV Invesco S&P International Developed Low Volatility ETF 4.5 25 30 5.8 +0.9
MXI iShares Global Materials ETF 4.5 41 14 6.8 +1.8
EXI iShares Global Industrials ETF 4.4 42 13 4.9 -0.1
OCEN IQ Clean Oceans ETF 4.4 45 10 5.6 +0.7
DFIC Dimensional International Core Equity 2 ETF 4.3 23 32 7.5 +2.5
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 4.2 25 30 5.7 +0.8
KOKU Xtrackers MSCI Kokusai Equity ETF 4.2 9 46 5.4 +0.5
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 4.1 24 31 8.3 +3.4
CID VictoryShares International High Div Volatility Wtd ETF 4.1 45 10 9.0 +4.1
IOO iShares Global 100 ETF 4.0 41 14 4.9 -0.1
DAX Global X DAX Germany ETF 4.0 21 34 6.9 +2.0
FNDF Schwab Fundamental International Large Co. Index ETF 3.9 25 30 9.3 +4.3
EWI iShares MSCI Italy ETF 3.9 50 5 8.3 +3.3
IXN iShares Global Tech ETF 3.9 41 14 4.3 -0.6
BLLD JPMorgan Sustainable Infrastructure ETF 3.9 49 6 5.6 +0.7
RAYD Rayliant Quantitative Developed Market Equity ETF 3.8 80 -25 4.5 -0.4
KOCG FIS Knights of Columbus Global Belief ETF 3.8 75 -20 5.4 +0.5
IDV iShares International Select Dividend ETF 3.8 51 4 12.0 +7.1
TOK iShares MSCI Kokusai ETF 3.8 26 29 5.2 +0.3
FID First Trust S&P International Dividend Aristocrats ETF 3.7 60 -5 9.4 +4.5
TMFG Motley Fool Global Opportunities ETF 3.7 85 -30 3.4 -1.6
EUFN iShares MSCI Europe Financials ETF 3.6 51 4 8.0 +3.1
URTH iShares MSCI World ETF 3.5 24 31 5.4 +0.4
AVDE Avantis International Equity ETF 3.5 23 32 7.8 +2.8
HTEC ROBO Global Healthcare Technology and Innovation ETF 3.4 68 -13 0.3 -4.6
NTZG Nuveen Global Net Zero Transition ETF 3.4 56 -1 4.8 -0.2
SYNB Putnam BioRevolution ETF 3.4 70 -15 2.9 -2.1
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 3.4 55 0 3.5 -1.5
BLES Inspire Global Hope ETF 3.3 61 -6 6.4 +1.4
DTEC ALPS Disruptive Technologies ETF 3.3 50 5 3.2 -1.8
DGT SPDR Global Dow ETF 3.3 50 5 6.6 +1.7
DSTX Distillate International Fundamental Stability & Value ETF 3.2 55 0 8.6 +3.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 3.2 20 35 5.3 +0.4
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.1 12 43 4.8 -0.1
ACWI iShares MSCI ACWI ETF 3.1 32 23 5.5 +0.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 3.1 30 25 7.9 +2.9
IWTR iShares MSCI Water Management Multisector ETF 3.1 47 8 4.9 -0.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 3.1 9 46 5.7 +0.7
MOTG VanEck Morningstar Global Wide Moat ETF 3.0 52 3 5.7 +0.7
CLOD Themes Cloud Computing ETF 3.0 35 20 3.7 -1.2
DFIV Dimensional International Value ETF 2.9 27 28 9.8 +4.8
VT Vanguard Total World Stock ETF 2.8 7 48 5.8 +0.8
WDIV SPDR S&P Global Dividend ETF 2.7 40 15 9.6 +4.6
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 2.7 46 9 5.4 +0.4
FYLD Cambria Foreign Shareholder Yield ETF 2.7 59 -4 12.2 +7.2
INNO Harbor Disruptive Innovation ETF 2.6 75 -20 -1.5 -6.5
TINY ProShares Nanotechnology ETF 2.6 58 -3 1.4 -3.6
FDTX Fidelity Disruptive Technology ETF 2.6 50 5 3.0 -2.0
LOUP Innovator Deepwater Frontier Tech ETF 2.6 70 -15 1.9 -3.0
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 2.6 61 -6 2.7 -2.3
GDOC Goldman Sachs Future Health Care Equity ETF 2.5 75 -20 3.4 -1.6
EATV VegTech Plant-based Innovation & Climate ETF 2.5 75 -20 3.6 -1.3
BTEK Future Tech ETF 2.5 88 -33 2.3 -2.7
KLDW Knowledge Leaders Developed World ETF 2.5 75 -20 4.8 -0.2
FPXI First Trust International Equity Opportunities ETF 2.5 70 -15 4.0 -0.9
PAWZ ProShares Pet Care ETF 2.5 50 5 3.6 -1.4
SEA U.S. Global Sea to Sky Cargo ETF 2.5 60 -5 17.7 +12.7
JXI iShares Global Utilities ETF 2.4 43 12 6.3 +1.4
DTH WisdomTree International High Dividend Fund 2.4 58 -3 10.0 +5.0
CANC Tema Oncology ETF 2.4 75 -20 -4.1 -9.0
DIM WisdomTree International MidCap Dividend Fund 2.4 58 -3 7.5 +2.6
PTEC Global X PropTech ETF 2.4 50 5 1.6 -3.3
EWP iShares MSCI Spain ETF 2.4 50 5 7.9 +3.0
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 2.4 47 8 5.7 +0.8
FEP First Trust Europe AlphaDEX Fund 2.3 80 -25 5.5 +0.6
NORW Global X MSCI Norway ETF 2.3 50 5 7.6 +2.6
ENOR iShares MSCI Norway ETF 2.3 53 2 7.6 +2.7
SHLD Global X Defense Tech ETF 2.3 50 5 5.0 +0.1
AQWA Global X Clean Water ETF 2.3 50 5 4.1 -0.8
EFRA iShares Environmental Infrastructure and Industrials ETF 2.3 47 8 4.9 0.0
GLOF iShares Global Equity Factor ETF 2.3 20 35 7.2 +2.3
BINV Brandes International ETF 2.3 70 -15 8.2 +3.3
EWQ iShares MSCI France ETF 2.3 53 2 5.8 +0.9
IDNA iShares Genomics Immunology and Healthcare ETF 2.3 47 8 -4.0 -9.0
EIRL iShares MSCI Ireland ETF 2.3 50 5 5.7 +0.8
LUXX Roundhill S&P Global Luxury ETF 2.3 45 10 3.0 -2.0
TINT ProShares Smart Materials ETF 2.2 58 -3 5.6 +0.6
XT iShares Exponential Technologies ETF 2.2 46 9 4.7 -0.2
INDS Pacer Industrial Real Estate ETF 2.2 55 0 5.5 +0.5
FDD First Trust Stoxx European Select Dividend Index Fund 2.2 58 -3 12.9 +7.9
IVEG iShares Emergent Food and AgTech Multisector ETF 2.1 47 8 8.2 +3.3
AHOY Newday Ocean Health ETF 2.1 75 -20 5.5 +0.6
GSFP Goldman Sachs Future Planet Equity ETF 2.1 75 -20 4.5 -0.5
LEGR First Trust Indxx Innovative Transaction & Process ETF 2.0 65 -10 8.3 +3.4
MDEV First Trust Indxx Medical Devices ETF 2.0 70 -15 4.3 -0.6
UIVM VictoryShares International Value Momentum ETF 1.9 35 20 10.5 +5.5
CLNR IQ Cleaner Transport ETF 1.9 45 10 6.3 +1.4
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 1.9 45 10 5.8 +0.9
GREI Goldman Sachs Future Real Estate and Infrastructure Equity E 1.9 75 -20 4.6 -0.3
IQRA IQ CBRE Real Assets ETF 1.9 65 -10 5.5 +0.6
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.9 58 -3 4.7 -0.2
IGF iShares Global Infrastructure ETF 1.9 41 14 4.8 -0.2
GII SPDR S&P Global Infrastructure ETF 1.9 40 15 4.8 -0.1
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.9 56 -1 13.6 +8.6
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 1.6 58 -3 9.2 +4.3
FEUZ First Trust Eurozone AlphaDEX ETF 1.6 80 -25 4.3 -0.6
ICOW Pacer Developed Markets International Cash Cows 100 ETF 1.4 65 -10 12.3 +7.3
WDNA WisdomTree BioRevolution Fund 1.3 45 10 -3.7 -8.6
OGIG ALPS O'Shares Global Internet Giants ETF 1.3 48 7 0.6 -4.4
RWX SPDR Dow Jones International Real Estate ETF 1.3 59 -4 6.6 +1.6
GINN Goldman Sachs Innovate Equity ETF 1.2 52 3 2.7 -2.2
ACWV iShares MSCI Global Min Vol Factor ETF 1.2 20 35 6.2 +1.3
WTRE WisdomTree New Economy Real Estate Fund 1.2 58 -3 4.8 -0.1
VIDI Vident International Equity Strategy ETF 1.2 61 -6 11.9 +6.9
BMED Future Health ETF 1.2 85 -30 -0.3 -5.2
BULD Pacer BlueStar Engineering the Future ETF 1.2 60 -5 1.2 -3.7
CGUS Capital Group Core Equity ETF 1.1 33 22 4.6 -0.3
CRTC Xtrackers US National Critical Technologies ETF 1.0 35 20 5.4 +0.4
VCLN Virtus Duff & Phelps Clean Energy ETF 1.0 59 -4 3.4 -1.6
BNE Blue Horizon BNE ETF 1.0 87 -32 5.2 +0.3
TEMP JPMorgan Climate Change Solutions ETF 0.9 49 6 5.3 +0.3
DTRE First Trust Alerian Disruptive Technology Real Estate ETF 0.9 60 -5 3.6 -1.4
CGGR Capital Group Growth ETF 0.9 39 16 3.6 -1.3
FBOT Fidelity Disruptive Automation ETF 0.9 50 5 3.8 -1.1
GVAL Cambria Global Value ETF 0.8 68 -13 12.9 +8.0
IFGL iShares International Developed Real Estate ETF 0.8 48 7 6.6 +1.7
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.8 46 9 9.3 +4.3
CHAT Roundhill Generative AI & Technology ETF 0.8 75 -20 4.1 -0.9
WPS iShares International Developed Property ETF 0.7 48 7 7.0 +2.0
IXG iShares Global Financials ETF 0.7 42 13 6.6 +1.7
FNDC Schwab Fundamental International Small Co. Index ETF 0.7 39 16 7.0 +2.0
AIQ Global X Artificial Intelligence & Technology ETF 0.6 68 -13 4.0 -0.9
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.6 49 6 6.4 +1.5
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.6 80 -25 8.1 +3.1
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.6 10 45 7.6 +2.7
SCHY Schwab International Dividend Equity ETF 0.6 14 41 8.9 +4.0
DEW WisdomTree Global High Dividend Fund 0.6 58 -3 8.7 +3.7
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.6 12 43 8.0 +3.0
NXTG First Trust Indxx NextG ETF 0.5 70 -15 5.9 +0.9
IGPT Invesco AI and Next Gen Software ETF 0.4 60 -5 4.3 -0.7
AVRE Avantis Real Estate ETF 0.4 17 38 6.1 +1.2
RWO SPDR Dow Jones Global Real Estate ETF 0.4 50 5 6.3 +1.4
REET iShares Global REIT ETF 0.3 14 41 6.6 +1.6
MVPS Amplify Thematic All-Stars ETF 0.3 49 6 3.1 -1.9
DFGR Dimensional Global Real Estate ETF 0.3 22 33 6.5 +1.5
JSTC Adasina Social Justice All Cap Global ETF 0.3 89 -34 4.9 -0.1
ERET iShares Environmentally Aware Real Estate ETF 0.3 30 25 6.7 +1.8
ISCF iShares International SmallCap Equity Factor ETF 0.3 23 32 8.7 +3.8
GGME Invesco Next Gen Media and Gaming ETF 0.2 60 -5 3.9 -1.1
DFIS Dimensional International Small Cap ETF 0.2 39 16 6.4 +1.4
IXP iShares Global Comm Services ETF 0.2 42 13 5.4 +0.5
KNCT Invesco Next Gen Connectivity ETF 0.2 40 15 5.7 +0.7
FMIL Fidelity New Millennium ETF 0.1 59 -4 4.6 -0.3

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 Europe Dividend Growers ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 15.8 %
Divided by: Fwd. P/BV 2.9 x
Less: Expense ratio 55 bp
Equals: ALTAR Score 4.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.69 CATEGORY
AVERAGE		 1.61
 
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.