SPDR S&P Emerging Markets Small Cap ETF
ALTAR
Score™
7.5% info Recommen-
dation
NEUTRAL
2024E    2025E
P/E
ratio
11.3x P/Sales
ratio
0.8x
P/BV
ratio
1.2x Div.
yield
3.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
SPDR S&P Emerging SmallCap ETF objective is to provide investment results that correspond generally to the total return performance of the S&P Emerging Markets Under USD2 Billion Index.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor SSGA Funds Management Inc
Website www.spdrs.com
Inception date May 12, 2008
Assets (mns) $854
Currency USD
Expense ratio 65 bp
Distributions Semi-Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian State Street Bank & Trust
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 1561
Wgt avg mkt cap (mns) $796
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 11.2%
Small cap (<$2bn) 87.0%
Developed mkts 6.4%
Emerging mkts 93.6%

TOP TEN HOLDINGS
WISDOMTREE US ESG FUND OF BENEF IN 0.6 %
INVESCO DORSEY WRIGHT EMERGING MAR 0.4 %
CLOCKWISE CORE EQUITY & INNOVATION 0.4 %
COMPEQ MANUFACTURING CO LTD 0.3 %
FORTUNE ELECTRIC CO LTD 0.3 %
MR PRICE GROUP LIMITED 0.2 %
WT MICROELECTRONICS CO LTD 0.2 %
NATIONAL AGRICULTURAL DEVELOPMENT 0.2 %
SILICON MOTION TECHNOL-ADR 0.2 %
TF ADMINISTRADORA INDUSTRIAL 0.2 %
Total 3.3 %

TOP COUNTRY EXPOSURE
TAIWAN 20.5 %
INDIA 11.6 %
CHINA 5.4 %
SOUTH AFRICA 3.5 %
BRAZIL 3.4 %
MALAYSIA 3.2 %
THAILAND 2.7 %
SAUDI ARABIA 2.5 %
TURKEY 2.0 %
HONG KONG 1.9 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru January 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-3.9% 6.2% 7.8% 5.4% 3.6%

Market Correlations
versus... Beta R-squared
S&P500 0.66 66%
MSCI EAFE 0.74 76%
MSCI Emg. Mkts. 0.76 84%

Technical Indicators
Recent close $56.17
30d moving avg. $55.12
Annualized volatility 14.4%
Short interest (ETF) 0.6%
Relative strength (RSI) 69

Liquidity measures
Avg. volume (thou.) 91
Turnover 0.6%
Bid/Ask (% of price) 0.16%
ADV underlying (mns) $7,249

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 355 potential alternatives to the SPDR S&P Emerging Markets Small Cap ETF ETF based on the alternatives' overlap in portfolio holdings with EWX. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EWX Expense: 65 bp ALTAR Score™: 7.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EWX
Ticker Fund
Name
Overlap1
vs EWX
(%)
Expense
ratio
(bp)
Savings
vs EWX
(bp)
ALTAR
Score™
(%)
ALTAR
vs EWX
(%)
EEMS iShares MSCI Emerging Markets Small Cap ETF 42.1 70 -5 7.0 -0.5
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 23.3 58 7 10.1 +2.5
AVES Avantis Emerging Markets Value ETF 15.2 36 29 11.7 +4.1
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 15.0 7 58 6.4 -1.2
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 14.8 59 6 -0.6 -8.1
DFEM Dimensional Emerging Markets Core Equity 2 ETF 13.6 38 27 8.0 +0.4
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 11.9 41 24 7.8 +0.2
AVEM Avantis Emerging Markets Equity ETF 11.8 33 32 8.7 +1.2
DFEV Dimensional Emerging Markets Value ETF 11.4 43 22 10.7 +3.2
SMIN iShares MSCI India Small Cap ETF 10.7 79 -14 3.8 -3.8
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 9.1 80 -15 13.8 +6.2
DFAE Dimensional Emerging Core Equity Market ETF 7.8 35 30 7.6 +0.0
SPEM SPDR Portfolio Emerging Markets ETF 7.2 7 58 1.6 -5.9
DEM WisdomTree Emerging Markets High Dividend Fund 7.2 63 2 12.3 +4.8
IEMG iShares Core MSCI Emerging Markets ETF 7.0 9 56 1.1 -6.4
VWO Vanguard FTSE Emerging Markets ETF 6.8 8 57 -0.0 -7.6
GMF SPDR S&P Emerging Asia Pacific ETF 5.0 49 16 6.4 -1.1
EPI WisdomTree India Earnings Fund 5.0 85 -20 6.7 -0.8
ECNS iShares MSCI China Small-Cap ETF 4.9 59 6 11.5 +3.9
DFAX Dimensional World ex U.S. Core Equity 2 ETF 4.2 30 35 7.7 +0.2
VNQI Vanguard Global ex-U.S. Real Estate ETF 3.9 12 53 8.4 +0.9
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 3.3 50 15 10.3 +2.8
EDIV SPDR S&P Emerging Markets Dividend ETF 3.2 49 16 10.7 +3.2
EWZS iShares MSCI Brazil Small-Cap ETF 3.1 59 6 8.3 +0.7
GXC SPDR S&P China ETF 2.9 59 6 9.1 +1.6
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 2.8 10 55 8.0 +0.5
BRF VanEck Brazil Small-Cap ETF 2.7 66 -1 6.8 -0.7
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 2.7 44 21 9.5 +2.0
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 2.5 90 -25 6.8 -0.8
DVYE iShares Emerging Markets Dividend ETF 2.4 49 16 16.6 +9.0
THD iShares MSCI Thailand ETF 2.4 58 7 5.6 -2.0
VSGX Vanguard ESG International Stock ETF 2.3 12 53 4.3 -3.3
KSA iShares MSCI Saudi Arabia ETF 2.2 74 -9 5.7 -1.8
EYLD Cambria Emerging Shareholder Yield ETF 2.0 66 -1 12.8 +5.3
FDEM Fidelity Emerging Markets Multifactor ETF 1.9 25 40 11.3 +3.8
PICK iShares MSCI Global Metals & Mining Producers ETF 1.9 39 26 11.3 +3.8
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 1.9 88 -23 6.4 -1.1
VEGI iShares MSCI Agriculture Producers ETF 1.8 39 26 9.4 +1.8
VXUS Vanguard Total International Stock ETF 1.8 7 58 5.2 -2.3
FLTW Franklin FTSE Taiwan ETF 1.8 19 46 6.2 -1.4
IXUS iShares Core MSCI Total International Stock ETF 1.7 7 58 5.0 -2.5
TUR iShares MSCI Turkey ETF 1.7 58 7 19.2 +11.6
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 1.6 86 -21 1.8 -5.8
EIDO iShares MSCI Indonesia ETF 1.4 59 6 6.7 -0.9
SCHE Schwab Emerging Markets Equity ETF 1.4 11 54 7.4 -0.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.3 9 56 5.5 -2.0
DEHP Dimensional Emerging Markets High Profitability ETF 1.3 41 24 7.0 -0.6
XC WisdomTree Emerging Markets Ex-China Fund 1.3 32 33 -4.8 -12.3
EPOL iShares MSCI Poland ETF 1.2 59 6 9.6 +2.1
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 1.2 33 32 6.9 -0.6
AFK VanEck Africa Index ETF 1.2 98 -33 9.4 +1.9
GLIN VanEck India Growth Leaders ETF 1.1 77 -12 4.6 -2.9
VIDI Vident International Equity Strategy ETF 1.1 61 4 11.4 +3.8
SDIV Global X Superdividend ETF 1.1 58 7 16.3 +8.8
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 1.1 86 -21 1.5 -6.0
PGJ Invesco Golden Dragon China ETF 0.8 70 -5 5.3 -2.3
PXH Invesco FTSE RAFI Emerging Markets ETF 0.8 49 16 11.2 +3.7
XCEM Columbia EM Core ex-China ETF 0.8 16 49 -24.4 -32.0
AVRE Avantis Real Estate ETF 0.8 17 48 6.3 -1.2
GVAL Cambria Global Value ETF 0.8 68 -3 12.1 +4.6
IDX VanEck Indonesia Index ETF 0.8 57 8 7.6 +0.1
EWW iShares MSCI Mexico ETF 0.8 50 15 6.4 -1.2
EELV Invesco S&P Emerging Markets Low Volatility ETF 0.8 29 36 8.3 +0.8
FLAX Franklin FTSE Asia Ex Japan ETF 0.7 19 46 7.2 -0.4
DFGR Dimensional Global Real Estate ETF 0.7 22 43 6.7 -0.8
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 0.7 95 -30 10.6 +3.0
EEMD AAM S&P Emerging Markets High Dividend Value ETF 0.7 49 16 17.3 +9.7
FNDC Schwab Fundamental International Small Co. Index ETF 0.7 39 26 6.7 -0.8
SCHC Schwab International Small-Cap Equity ETF 0.7 11 54 5.9 -1.6
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.6 32 33 6.1 -1.5
REET iShares Global REIT ETF 0.6 14 51 6.9 -0.6
VT Vanguard Total World Stock ETF 0.6 7 58 5.0 -2.6
FRDM Freedom 100 Emerging Markets ETF 0.6 49 16 -749.3 -756.8
CUT Invesco MSCI Global Timber ETF 0.6 61 4 8.6 +1.1
FLBR Franklin FTSE Brazil ETF 0.6 19 46 8.5 +1.0
FLLA Franklin FTSE Latin America ETF 0.6 19 46 -106.0 -113.6
CGV Conductor Global Equity Value ETF 0.6 130 -65 10.1 +2.6
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.6 36 29 -12.9 -20.4
FLCH Franklin FTSE China ETF 0.6 19 46 9.7 +2.1
PBD Invesco Global Clean Energy ETF 0.6 75 -10 -2.3 -9.8
EGPT VanEck Egypt Index ETF 0.5 124 -59 7.8 +0.2
INQQ India Internet & Ecommerce ETF 0.5 86 -21 2.2 -5.3
BKEM BNY Mellon Emerging Markets Equity ETF 0.5 11 54 -12.8 -20.3
UAE iShares MSCI UAE ETF 0.5 59 6 8.5 +1.0
GREK Global X MSCI Greece ETF 0.5 57 8 1.4 -6.2
ERTH Invesco MSCI Sustainable Future ETF 0.5 62 3 3.5 -4.1
EEMO Invesco S&P Emerging Markets Momentum ETF 0.5 29 36 5.8 -1.7
OBOR KraneShares MSCI One Belt One Road Index ETF 0.5 79 -14 10.0 +2.5
FM iShares Frontier and Select EM ETF 0.5 80 -15 9.3 +1.8
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.5 15 50 7.4 -0.2
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.5 49 16 5.9 -1.6
BLDG Cambria Global Real Estate ETF 0.5 60 5 9.2 +1.6
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.4 32 33 5.6 -1.9
QQQS Invesco NASDAQ Future Gen 200 ETF 0.4 20 45 -7.0 -14.5
EMGF iShares Emerging Markets Equity Factor ETF 0.4 25 40 8.6 +1.0
EPHE iShares MSCI Philippines ETF 0.4 59 6 7.9 +0.4
ROAM Hartford Multifactor Emerging Markets ETF 0.4 44 21 11.4 +3.9
IWTR iShares MSCI Water Management Multisector ETF 0.4 47 18 4.7 -2.9
IPKW Invesco International BuyBack Achievers ETF 0.4 55 10 9.6 +2.0
DGIN VanEck Digital India ETF 0.4 71 -6 1.4 -6.2
WOOD iShares Global Timber & Forestry ETF 0.4 42 23 9.7 +2.2
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.4 58 7 4.6 -3.0
QAT iShares MSCI Qatar ETF 0.4 59 6 8.4 +0.9
EMM Global X Emerging Markets ETF 0.4 75 -10 3.9 -3.7
ICLN iShares Global Clean Energy ETF 0.4 41 24 4.1 -3.5
BOAT SonicShares Global Shipping ETF 0.4 69 -4 26.5 +18.9
ECH iShares MSCI Chile ETF 0.4 58 7 -1,644.5 -1,652.1
VEU Vanguard FTSE All-World ex-US Index Fund 0.4 8 57 5.1 -2.4
RODE Hartford Multifactor Diversified International ETF 0.4 29 36 11.3 +3.7
FLIN Franklin FTSE India ETF 0.4 19 46 5.3 -2.3
FLSA Franklin FTSE Saudi Arabia ETF 0.4 39 26 6.3 -1.3
CTEC Global X CleanTech ETF 0.4 50 15 2.2 -5.3
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.3 46 19 9.6 +2.1
FILL iShares MSCI Global Energy Producers ETF 0.3 39 26 10.0 +2.4
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 0.3 47 18 0.6 -6.9
VYMI Vanguard International High Dividend Yield ETF 0.3 22 43 9.7 +2.1
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.3 39 26 4.1 -3.5
BATT Amplify Lithium & Battery Technology ETF 0.3 59 6 3.8 -3.7
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.3 39 26 11.9 +4.4
SMOG VanEck Low Carbon Energy ETF 0.3 61 4 3.2 -4.3
SHPP Pacer Industrials and Logistics ETF 0.3 60 5 8.2 +0.7
HAP VanEck Natural Resources ETF 0.3 50 15 8.9 +1.3
KGRN KraneShares MSCI China Clean Technology Index ETF 0.3 79 -14 6.1 -1.5
BRAZ Global X Brazil Active ETF 0.3 75 -10 7.8 +0.3
ISCF iShares International SmallCap Equity Factor ETF 0.3 23 42 8.7 +1.1
AGNG Global X Aging Population ETF 0.3 50 15 3.9 -3.7
SCHY Schwab International Dividend Equity ETF 0.3 14 51 8.6 +1.1
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.3 60 5 0.7 -6.8
ECOW Pacer Emerging Markets Cash Cows 100 ETF 0.2 70 -5 11.3 +3.7
KOMP SPDR S&P Kensho New Economies Composite ETF 0.2 20 45 2.1 -5.5
TAN Invesco Solar ETF 0.2 67 -2 7.4 -0.1
VPN Global X Data Center REITs & Digital Infrastructure ETF 0.2 50 15 2.1 -5.5
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.2 75 -10 4.5 -3.0
HJEN Direxion Hydrogen ETF 0.2 45 20 -0.9 -8.4
DINT Davis Select International ETF 0.2 55 10 5.1 -2.5
DWLD Davis Select Worldwide ETF 0.2 63 2 5.7 -1.8
EMFQ Amplify Emerging Markets FinTech ETF 0.2 69 -4 3.6 -4.0
SDEM Global X MSCI SuperDividend Emerging Markets ETF 0.2 67 -2 16.5 +8.9
UEVM VictoryShares Emerging Markets Value Momentum ETF 0.2 45 20 12.4 +4.9
EFRA iShares Environmental Infrastructure and Industrials ETF 0.2 47 18 5.5 -2.1
FAN First Trust Global Wind Energy ETF 0.2 60 5 5.7 -1.9
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.2 45 20 4.8 -2.8
GGME Invesco Next Gen Media and Gaming ETF 0.2 60 5 3.6 -3.9
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.2 47 18 5.6 -1.9
DEEP Roundhill Acquirers Deep Value ETF 0.2 80 -15 14.0 +6.5
DWX SPDR S&P International Dividend ETF 0.2 45 20 6.7 -0.8
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.2 12 53 7.3 -0.3
MOTI VanEck Morningstar International Moat ETF 0.2 58 7 7.0 -0.6
XT iShares Exponential Technologies ETF 0.2 46 19 3.7 -3.9
HERO Global X Video Games & Esports ETF 0.2 50 15 4.4 -3.1
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.2 45 20 8.3 +0.7
DLS WisdomTree International SmallCap Dividend Fund 0.2 58 7 8.7 +1.2
RAYS Global X Solar ETF 0.2 51 14 5.7 -1.8
FYLD Cambria Foreign Shareholder Yield ETF 0.2 59 6 11.7 +4.1
FTAG First Trust Indxx Global Agriculture ETF 0.2 70 -5 10.2 +2.7
TTAI FCF International Quality ETF 0.2 59 6 6.7 -0.8
IWFH iShares Virtual Work and Life Multisector ETF 0.2 47 18 -3.4 -10.9
IVES Wedbush ETFMG Global Cloud Technology ETF 0.2 68 -3 1.3 -6.3
WTAI WisdomTree Artificial Intelligence and Innovation Fund 0.2 45 20 1.2 -6.4
AVDV Avantis International Small Cap Value ETF 0.2 36 29 7.9 +0.4
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.2 42 23 6.6 -0.9
TCHI iShares MSCI China Multisector Tech ETF 0.2 59 6 2.9 -4.7
PIN Invesco India ETF 0.2 78 -13 3.9 -3.7
RNRG Global X Renewable Energy Producers ETF 0.2 66 -1 4.8 -2.8
IGPT Invesco AI and Next Gen Software ETF 0.2 60 5 3.4 -4.2
IGRO iShares International Dividend Growth ETF 0.2 15 50 7.3 -0.2
IBOT Vaneck Robotics ETF 0.2 47 18 3.6 -4.0
FTRI First Trust Indxx Global Natural Resources Income ETF 0.2 70 -5 10.2 +2.6
EPU iShares MSCI Peru and Global Exposure ETF 0.2 59 6 6.3 -1.3
SOCL Global X Social Media ETF 0.1 65 0 -6.8 -14.3
WNDY Global X Wind Energy ETF 0.1 50 15 5.0 -2.6
FEM First Trust Emerging Markets AlphaDEX Fund 0.1 80 -15 15.6 +8.1
APIE ActivePassive International Equity ETF 0.1 45 20 7.8 +0.2
SCZ iShares MSCI EAFE Small-Cap ETF 0.1 40 25 6.0 -1.6
PIO Invesco Global Water ETF 0.1 75 -10 4.5 -3.0
COPX Global X Copper Miners ETF 0.1 65 0 8.2 +0.7
DISV Dimensional International Small Cap Value ETF 0.1 42 23 9.3 +1.7
RWX SPDR Dow Jones International Real Estate ETF 0.1 59 6 6.3 -1.3
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.1 39 26 7.5 -0.1
CCSO Carbon Collective Climate Solutions US Equity ETF 0.1 35 30 2.3 -5.3
EMC Global X Emerging Markets Great Consumer ETF 0.1 75 -10 4.9 -2.6
GINN Goldman Sachs Innovate Equity ETF 0.1 52 13 2.8 -4.8
ARVR First Trust Indxx Metaverse ETF 0.1 70 -5 2.4 -5.2
SNSR Global X Internet of Things ETF 0.1 68 -3 3.7 -3.8
DFIS Dimensional International Small Cap ETF 0.1 39 26 6.6 -0.9
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.1 80 -15 10.9 +3.4
BSVO EA Bridgeway Omni Small-Cap Value ETF 0.1 47 18 9.6 +2.0
CQQQ Invesco China Technology ETF 0.1 70 -5 -6.8 -14.4
GXG Global X MSCI Colombia ETF 0.1 62 3 16.1 +8.6
EEM iShares MSCI Emerging Markets ETF 0.1 69 -4 -1.0 -8.6
FBZ First Trust Brazil AlphaDEX Fund 0.1 80 -15 10.8 +3.3
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 0.1 61 4 -0.3 -7.9
SATO Invesco Alerian Galaxy Crypto Economy ETF 0.1 61 4 -7.4 -14.9
MCHI iShares MSCI China ETF 0.1 59 6 9.1 +1.5
ETEC iShares Breakthrough Environmental Solutions ETF 0.1 47 18 5.7 -1.9
AQWA Global X Clean Water ETF 0.1 50 15 4.3 -3.3
SPRE SP Funds S&P Global REIT Sharia ETF 0.1 55 10 4.9 -2.6
DMAT Global X Disruptive Materials ETF 0.1 59 6 11.5 +3.9
BKF iShares MSCI BIC ETF 0.1 69 -4 6.9 -0.7
SPEU SPDR Portfolio Europe ETF 0.1 7 58 6.7 -0.9
JHEM John Hancock Multifactor Emerging Markets ETF 0.1 49 16 8.2 +0.6
PBW Invesco WilderHill Clean Energy ETF 0.1 66 -1 -17.6 -25.2
CNRG SPDR S&P Kensho Clean Power ETF 0.1 45 20 -7.0 -14.5
BNE Blue Horizon BNE ETF 0.1 87 -22 4.2 -3.3
FRNW Fidelity Clean Energy ETF 0.1 39 26 3.7 -3.8
MOO VanEck Agribusiness ETF 0.1 53 12 9.2 +1.7
PSC Principal U.S. Small-Cap ETF 0.1 38 27 7.8 +0.3
VFVA Vanguard U.S. Value Factor ETF 0.1 13 52 10.8 +3.2
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.1 39 26 8.7 +1.2
RWO SPDR Dow Jones Global Real Estate ETF 0.1 50 15 6.4 -1.1
IDRV iShares Self-driving EV & Tech ETF 0.1 47 18 -0.4 -7.9
FLQS Franklin U.S. Small Cap Multifactor Index ETF 0.1 35 30 7.4 -0.2
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.1 66 -1 -0.6 -8.1
DTH WisdomTree International High Dividend Fund 0.1 58 7 10.2 +2.7
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.1 30 35 8.3 +0.8
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.1 30 35 7.4 -0.2
VGK Vanguard FTSE Europe ETF 0.1 11 54 6.8 -0.7
GII SPDR S&P Global Infrastructure ETF 0.1 40 25 5.3 -2.3
IGF iShares Global Infrastructure ETF 0.1 41 24 5.1 -2.5
AADR AdvisorShares Dorsey Wright ADR ETF 0.1 110 -45 5.2 -2.4
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.1 20 45 6.6 -1.0
RNEM First Trust Emerging Markets Equity Select ETF 0.1 75 -10 8.1 +0.6
AVSC Avantis U.S Small Cap Equity ETF 0.1 25 40 5.2 -2.4
VTWV Vanguard Russell 2000 Value ETF 0.1 15 50 5.8 -1.8
IWN iShares Russell 2000 Value ETF 0.1 24 41 5.7 -1.9
SETM Sprott Energy Transition Materials ETF 0.1 65 0 6.7 -0.9
URNJ Sprott Junior Uranium Miners ETF 0.1 80 -15 -2.5 -10.1
NLR VanEck Uranium+Nuclear Energy ETF 0.1 61 4 4.7 -2.8
URA Global X Uranium ETF 0.1 69 -4 2.1 -5.5
FPAG FPA Global Equity ETF 0.1 49 16 5.6 -2.0
AVUV Avantis U.S. Small Cap Value ETF 0.1 25 40 10.1 +2.6
FMET Fidelity Metaverse ETF 0.1 39 26 4.1 -3.4
CRAK VanEck Oil Refiners ETF 0.1 61 4 15.4 +7.8
DRIV Global X Autonomous & Electric Vehicles ETF 0.1 68 -3 5.0 -2.5
JSTC Adasina Social Justice All Cap Global ETF 0.1 89 -24 4.5 -3.0
SGDJ Sprott Junior Gold Miners ETF 0.1 50 15 6.3 -1.3
GDXJ VanEck Junior Gold Miners ETF 0.1 52 13 6.7 -0.8
GOEX Global X Gold Explorers ETF 0.1 65 0 6.1 -1.4
IHAK iShares Cybersecurity & Tech ETF 0.1 47 18 2.9 -4.7
EMXF iShares ESG Advanced MSCI EM ETF 0.1 16 49 7.5 0.0
FLHK Franklin FTSE Hong Kong ETF 0.1 9 56 6.9 -0.7
CGGO Capital Group Global Growth Equity ETF 0.1 47 18 4.0 -3.5
JETS U.S. Global Jets ETF 0.1 60 5 -13.0 -20.6
EMXC iShares MSCI Emerging Markets ex China ETF 0.1 25 40 -4.2 -11.7
VEA Vanguard FTSE Developed Markets ETF 0.1 5 60 6.9 -0.7
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 0.1 20 45 10.7 +3.1
INDF Nifty India Financials ETF 0.1 75 -10 5.9 -1.7
DFSV Dimensional US Small Cap Value ETF 0.1 31 34 8.8 +1.3
GLIF AGF Global Infrastructure ETF 0.1 45 20 5.6 -1.9
IWC iShares Micro-Cap ETF 0.1 60 5 -4.1 -11.7
DFAT Dimensional U.S. Targeted Value ETF 0.1 28 37 8.2 +0.6
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.1 70 -5 6.4 -1.2
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.1 29 36 7.3 -0.2
JFWD Jacob Forward ETF 0.1 75 -10 -4.0 -11.5
EV Mast Global Battery Recycling & Production ETF 0.1 65 0 13.7 +6.1
CN Xtrackers MSCI All China Equity ETF 0.1 50 15 9.2 +1.6
HAIL SPDR S&P Kensho Smart Mobility ETF 0.1 45 20 -4.2 -11.8
EEMA iShares MSCI Emerging Markets Asia ETF 0.1 49 16 6.7 -0.8
EBLU Ecofin Global Water ESG Fund 0.1 40 25 4.0 -3.6
CGW Invesco S&P Global Water Index ETF 0.1 57 8 3.9 -3.7
IPAC iShares Core MSCI Pacific ETF 0.1 9 56 6.4 -1.2
SXUS Janus Henderson International Sustainable Equity ETF 0.1 60 5 4.4 -3.1
STXE Strive Emerging Markets Ex-China ETF 0.1 32 33 -11.9 -19.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.0 20 45 5.4 -2.2
ACWX iShares MSCI ACWI ex U.S. ETF 0.0 34 31 4.8 -2.7
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 0.0 65 0 6.2 -1.3
MRAD SmartETFs Advertising & Marketing Technology ETF 0.0 68 -3 3.7 -3.8
DWM WisdomTree International Equity Fund 0.0 48 17 7.9 +0.3
DFIC Dimensional International Core Equity 2 ETF 0.0 23 42 7.4 -0.2
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.0 41 24 6.6 -1.0
IWM iShares Russell 2000 ETF 0.0 19 46 3.6 -3.9
EBIZ Global X E-Commerce ETF 0.0 50 15 1.5 -6.0
IBUY Amplify Online Retail ETF 0.0 65 0 1.7 -5.9
FNDA Schwab Fundamental US Small Co. Index ETF 0.0 25 40 6.6 -1.0
FINX Global X FinTech ETF 0.0 68 -3 3.0 -4.6
MEM Matthews Emerging Markets Equity Active ETF 0.0 79 -14 5.3 -2.3
IQIN IQ 500 International ETF 0.0 25 40 8.9 +1.3
VTWO Vanguard Russell 2000 ETF 0.0 10 55 3.8 -3.8
LDEM iShares ESG MSCI EM Leaders ETF 0.0 17 48 7.8 +0.2
VPL Vanguard FTSE Pacific ETF 0.0 8 57 6.5 -1.0
MOON Direxion Moonshot Innovators ETF 0.0 65 0 -20.6 -28.2
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.0 20 45 7.4 -0.1
FDIG Fidelity Crypto Industry and Digital Payments ETF 0.0 39 26 -1.3 -8.9
GFOF Grayscale Future of Finance ETF 0.0 70 -5 -4.1 -11.7
BITQ Bitwise Crypto Industry Innovators ETF 0.0 85 -20 -5.0 -12.6
DAPP VanEck Digital Transformation ETF 0.0 50 15 -5.2 -12.8
BKCH Global X Blockchain ETF 0.0 50 15 -5.1 -12.7
IBLC iShares Blockchain and Tech ETF 0.0 47 18 -1.4 -9.0
INNO Harbor Disruptive Innovation ETF 0.0 75 -10 -3.6 -11.2
CWI SPDR MSCI ACWI ex-US ETF 0.0 30 35 6.7 -0.9
VRAI Virtus Real Asset Income ETF 0.0 55 10 8.7 +1.2
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 41 6.2 -1.4
PTEC Global X PropTech ETF 0.0 50 15 1.5 -6.1
RING iShares MSCI Global Gold Miners ETF 0.0 39 26 7.5 -0.0
DFAS Dimensional U.S. Small Cap ETF 0.0 26 39 5.9 -1.7
FCA First Trust China AlphaDEX Fund 0.0 80 -15 16.8 +9.2
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 0.0 25 40 6.7 -0.8
AVDE Avantis International Equity ETF 0.0 23 42 7.9 +0.3
NUEM Nuveen ESG Emerging Markets Equity ETF 0.0 36 29 6.7 -0.9
NFTY First Trust India NIFTY 50 Equal Weight ETF 0.0 80 -15 6.1 -1.5
ESGE iShares ESG Aware MSCI EM ETF 0.0 25 40 7.4 -0.1
SMLF iShares U.S. SmallCap Equity Factor ETF 0.0 15 50 6.0 -1.6
INDA iShares MSCI India ETF 0.0 65 0 3.7 -3.9
SILJ ETFMG Prime Junior Silver Miners ETFMG Prime Junior Silver M 0.0 69 -4 3.3 -4.3
AHOY Newday Ocean Health ETF 0.0 75 -10 5.7 -1.9
INDY iShares India 50 ETF 0.0 89 -24 3.7 -3.8
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 0.0 32 33 7.0 -0.5
KCAL Subversive Food Security ETF 0.0 75 -10 7.3 -0.3
INCO Columbia India Consumer ETF 0.0 75 -10 1.8 -5.8
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.0 40 25 7.8 +0.3
BWEB Bitwise Web3 ETF 0.0 85 -20 0.9 -6.7
BLOK Amplify Transformational Data Sharing ETF 0.0 75 -10 1.3 -6.3
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.0 68 -3 4.0 -3.5
DFAI Dimensional International Core Equity Market ETF 0.0 18 47 6.9 -0.6
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 26 7.5 -0.0
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.0 12 53 4.9 -2.6
IEFA iShares Core MSCI EAFE ETF 0.0 7 58 6.6 -0.9
ACWI iShares MSCI ACWI ETF 0.0 32 33 5.4 -2.2
BOTZ Global X Robotics & Artificial Intelligence ETF 0.0 69 -4 1.7 -5.8
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 44 3.6 -3.9
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.0 39 26 -3.2 -10.8
DARP Grizzle Growth ETF 0.0 75 -10 5.0 -2.5
AWAY ETFMG Travel Tech ETF 0.0 76 -11 -3.7 -11.3
VFMO Vanguard U.S. Momentum Factor ETF 0.0 13 52 2.7 -4.8
WGMI Valkyrie Bitcoin Miners ETF 0.0 75 -10 -10.3 -17.8
DEW WisdomTree Global High Dividend Fund 0.0 58 7 9.1 +1.5
FCLD Fidelity Cloud Computing ETF 0.0 39 26 2.2 -5.3
CLOU Global X Cloud Computing ETF 0.0 68 -3 1.9 -5.7
SRVR Pacer Data & Infrastructure Real Estate ETF 0.0 55 10 2.7 -4.9
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 48 5.5 -2.0
ZSB USCF Sustainable Battery Metals Strategy Fund 0.0 61 4 18.5 +11.0
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 61 6.7 -0.8
AVUS Avantis U.S. Equity ETF 0.0 15 50 6.0 -1.6
VYM Vanguard High Dividend Yield Index ETF 0.0 6 59 7.3 -0.2
DFUV Dimensional US Marketwide Value ETF 0.0 22 43 7.6 +0.0
VIGI Vanguard International Dividend Appreciation ETF 0.0 15 50 5.3 -2.2
NIKL Sprott Nickel Miners ETF 0.0 75 -10 9.1 +1.6
SCHF Schwab International Equity ETF 0.0 6 59 7.0 -0.6
RYJ Invesco Raymond James SB-1 Equity ETF 0.0 75 -10 2.9 -4.6
IWV iShares Russell 3000 ETF 0.0 20 45 4.8 -2.7
DFAU Dimensional US Core Equity Market ETF 0.0 12 53 5.2 -2.3
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 56 4.8 -2.7
IWO iShares Russell 2000 Growth ETF 0.0 24 41 1.4 -6.1
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 40 6.8 -0.7
VTWG Vanguard Russell 2000 Growth ETF 0.0 15 50 1.7 -5.9
MCH Matthews China Active ETF 0.0 79 -14 5.8 -1.7
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 47 5.5 -2.0
VTHR Vanguard Russell 3000 ETF 0.0 10 55 4.9 -2.6
DFUS Dimensional U.S. Equity ETF 0.0 9 56 5.0 -2.6
GLOF iShares Global Equity Factor ETF 0.0 20 45 7.1 -0.4
BLES Inspire Global Hope ETF 0.0 61 4 6.3 -1.3
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.0 24 41 6.8 -0.7
WWJD Inspire International ETF 0.0 80 -15 7.0 -0.6
ASEA Global X FTSE Southeast Asia ETF 0.0 65 0 6.3 -1.3
ARB AltShares Merger Arbitrage ETF -1.6 77 -12 0.6 -7.0

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:
SPDR S&P Emerging Markets Small Cap 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 9.7 %
Divided by: Fwd. P/BV 1.2 x
Less: Expense ratio 65 bp
Equals: ALTAR Score 7.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.50 CATEGORY
AVERAGE
1.40
 
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.