First Trust Brazil AlphaDEX Fund
ALTAR
Score™		 13.3% info Recommen-
dation		 SPECULATIVE
2024E    2025E
P/E
ratio		 11.4x P/Sales
ratio		 0.5x
P/BV
ratio		 1.2x Div.
yield		 3.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
First Trust Brazil AlphaDEX Fund seeks investment results that correspond to the Defined Brazil Index.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor First Trust Advisors LP
Website www.ftportfolios.com
Inception date Apr 18, 2011
Assets (mns) $6
Currency USD
Expense ratio 80 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Brown Brothers Harriman & Co
Weighting Tiered
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 52
Wgt avg mkt cap (mns) $13,000
Large cap (>$10bn) 31.7%
Mid cap ($2-10bn) 49.5%
Small cap (<$2bn) 16.1%
Developed mkts 5.5%
Emerging mkts 94.5%

TOP TEN HOLDINGS
INTER & CO, INC. (CLASS A) 8.8 %
EMPRESA BRAS DE AERONAUTICA 4.8 %
MARFRIG ALIMENTOS SA 4.3 %
CIA ENERGETICA MINAS GER-PRF 3.9 %
NU HOLDINGS LTD. CLASS A 3.6 %
GERDAU S.A. 3.4 %
JBS SA 3.4 %
VIBRA ENERGIA SA 3.4 %
LOJAS RENNER S.A. 3.3 %
METALURGICA GERDAU SA-PREF 3.3 %
Total 42.3 %

TOP COUNTRY EXPOSURE
BRAZIL 87.6 %
CAYMAN ISLANDS 3.6 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-10.6% 11.6% -0.7% 2.1% -1.5%

Market Correlations
versus... Beta R-squared
S&P500 1.06 47%
MSCI EAFE 1.00 44%
MSCI Emg. Mkts. 0.71 22%

Technical Indicators
Recent close $10.52
30d moving avg. $11.04
Annualized volatility 26.7%
Short interest (ETF) 0.2%
Relative strength (RSI) 46

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.2%
Bid/Ask (% of price) 0.99%
ADV underlying (mns) $1,844

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 232 potential alternatives to the First Trust Brazil AlphaDEX Fund ETF based on the alternatives' overlap in portfolio holdings with FBZ. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FBZ Expense: 80 bp ALTAR Score™: 13.3%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FBZ
Ticker Fund
Name		 Overlap1
vs FBZ
(%)		 Expense
ratio
(bp)		 Savings
vs FBZ
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs FBZ
(%)
FLN First Trust Latin America AlphaDEX Fund 46.5 80 0 8.4 -4.9
FLBR Franklin FTSE Brazil ETF 39.3 19 61 13.2 -0.1
EWZ iShares MSCI Brazil ETF 39.0 58 22 10.4 -3.0
FLLA Franklin FTSE Latin America ETF 29.6 19 61 13.2 -0.2
EWZS iShares MSCI Brazil Small-Cap ETF 13.9 59 21 10.9 -2.5
BRAZ Global X Brazil Active ETF 13.9 75 5 10.1 -3.2
FTHF First Trust Emerging Markets Human Flourishing ETF 11.8 75 5 8.9 -4.4
EMDM First Trust Bloomberg Emerging Market Democracies ETF 11.3 75 5 8.2 -5.1
DVYE iShares Emerging Markets Dividend ETF 10.2 49 31 18.8 +5.5
EEMD AAM S&P Emerging Markets High Dividend Value ETF 9.6 49 31 16.1 +2.8
FEM First Trust Emerging Markets AlphaDEX Fund 9.1 80 0 13.0 -0.3
SDEM Global X MSCI SuperDividend Emerging Markets ETF 9.0 67 13 15.0 +1.7
PXH Invesco FTSE RAFI Emerging Markets ETF 8.4 49 31 12.2 -1.1
UEVM VictoryShares Emerging Markets Value Momentum ETF 7.9 45 35 12.3 -1.0
ILF iShares Latin America 40 ETF 7.8 48 32 10.4 -2.9
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 7.4 44 36 10.6 -2.7
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 7.3 39 41 12.5 -0.8
BKF iShares MSCI BIC ETF 6.3 69 11 6.9 -6.4
RNEM First Trust Emerging Markets Equity Select ETF 6.1 75 5 7.6 -5.8
ICLN iShares Global Clean Energy ETF 6.0 41 39 6.0 -7.3
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 5.8 90 -10 6.1 -7.2
BRF VanEck Brazil Small-Cap ETF 5.7 66 14 9.7 -3.6
EMMF WisdomTree Emerging Markets Multifactor Fund 5.6 48 32 8.8 -4.5
EELV Invesco S&P Emerging Markets Low Volatility ETF 5.3 29 51 8.7 -4.6
ECOW Pacer Emerging Markets Cash Cows 100 ETF 5.2 70 10 9.2 -4.1
XCEM Columbia EM Core ex-China ETF 5.0 16 64 7.7 -5.6
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 4.9 32 48 6.9 -6.5
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 4.9 24 56 9.2 -4.1
GVAL Cambria Global Value ETF 4.9 68 12 13.1 -0.2
DEM WisdomTree Emerging Markets High Dividend Fund 4.8 63 17 18.9 +5.5
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 4.6 50 30 13.0 -0.3
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 4.6 86 -6 1.2 -12.1
EMFQ Amplify Emerging Markets FinTech ETF 4.6 69 11 5.3 -8.0
EMXC iShares MSCI Emerging Markets ex China ETF 4.5 25 55 6.7 -6.6
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 4.5 86 -6 1.6 -11.7
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 4.3 88 -8 7.4 -5.9
XCNY SPDR S&P Emerging Markets ex-China ETF 4.2 15 65 6.3 -7.0
STXE Strive Emerging Markets Ex-China ETF 3.9 32 48 7.0 -6.3
EVLU iShares MSCI Emerging Markets Value Factor ETF 3.8 35 45 12.4 -0.9
EDOG ALPS Emerging Sector Dividend Dogs ETF 3.7 60 20 13.4 +0.1
CGXU Capital Group International Focus Equity ETF 3.7 54 26 4.9 -8.5
EMM Global X Emerging Markets ex-China ETF 3.7 75 5 4.2 -9.1
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 3.6 18 62 6.8 -6.5
IPO Renaissance IPO ETF 3.6 60 20 -4.3 -17.7
FPXI First Trust International Equity Opportunities ETF 3.6 70 10 4.9 -8.4
LOUP Innovator Deepwater Frontier Tech ETF 3.6 70 10 1.3 -12.0
AOTG AOT Growth and Innovation ETF 3.6 75 5 3.1 -10.2
BPAY BlackRock Future Financial and Technology ETF 3.6 70 10 8.2 -5.1
EDIV SPDR S&P Emerging Markets Dividend ETF 3.5 49 31 12.0 -1.3
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 3.5 95 -15 10.5 -2.8
EEMO Invesco S&P Emerging Markets Momentum ETF 3.5 29 51 5.5 -7.8
ECON Columbia Emerging Markets Consumer ETF 3.5 49 31 7.3 -6.0
ROAM Hartford Multifactor Emerging Markets ETF 3.4 44 36 15.8 +2.5
EQLT iShares MSCI Emerging Markets Quality Factor ETF 3.3 35 45 7.4 -5.9
EEM iShares MSCI Emerging Markets ETF 3.3 69 11 6.9 -6.4
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 3.3 80 0 12.3 -1.0
VIDI Vident International Equity Strategy ETF 3.3 61 19 10.2 -3.1
JHEM John Hancock Multifactor Emerging Markets ETF 3.3 49 31 8.2 -5.1
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 3.2 36 44 7.8 -5.5
BKEM BNY Mellon Emerging Markets Equity ETF 3.2 11 69 8.4 -4.9
BFIIX Baron FinTech 3.0 75 5 3.4 -9.9
SCHE Schwab Emerging Markets Equity ETF 3.0 11 69 7.1 -6.2
NUEM Nuveen ESG Emerging Markets Equity ETF 3.0 36 44 6.5 -6.9
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 3.0 15 65 7.2 -6.1
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 2.9 66 14 10.0 -3.3
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 2.9 45 35 11.0 -2.3
IEMG iShares Core MSCI Emerging Markets ETF 2.9 9 71 7.5 -5.9
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 2.8 15 65 10.2 -3.1
EMGF iShares Emerging Markets Equity Factor ETF 2.7 25 55 8.5 -4.8
BLOK Amplify Transformational Data Sharing ETF 2.7 75 5 0.0 -13.3
ESGE iShares ESG Aware MSCI EM ETF 2.7 25 55 7.1 -6.2
DSTX Distillate International Fundamental Stability & Value ETF 2.7 55 25 8.0 -5.4
XC WisdomTree Emerging Markets Ex-China Fund 2.7 32 48 6.0 -7.3
CUT Invesco MSCI Global Timber ETF 2.6 61 19 8.4 -4.9
WOOD iShares Global Timber & Forestry ETF 2.6 42 38 9.8 -3.6
LDEM iShares ESG MSCI EM Leaders ETF 2.6 17 63 7.6 -5.7
PICK iShares MSCI Global Metals & Mining Producers ETF 2.6 39 41 12.8 -0.5
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 2.6 59 21 11.3 -2.0
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 2.6 30 50 7.3 -6.0
VWO Vanguard FTSE Emerging Markets ETF 2.6 8 72 6.9 -6.4
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 2.6 46 34 9.3 -4.0
SDIV Global X Superdividend ETF 2.5 58 22 14.9 +1.6
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 2.4 33 47 8.2 -5.1
EMXF iShares ESG Advanced MSCI EM ETF 2.4 16 64 6.8 -6.5
EMC Global X Emerging Markets Great Consumer ETF 2.4 75 5 4.5 -8.8
FRDM Freedom 100 Emerging Markets ETF 2.4 49 31 7.3 -6.0
TIME Clockwise Core Equity & Innovation ETF 2.4 95 -15 2.3 -11.1
ICOP iShares Copper and Metals Mining ETF 2.3 47 33 10.1 -3.2
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 2.3 20 60 6.8 -6.5
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 2.2 58 22 4.6 -8.7
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 2.1 30 50 8.1 -5.2
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 2.1 60 20 9.8 -3.5
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 2.0 32 48 6.2 -7.1
DFAE Dimensional Emerging Core Equity Market ETF 2.0 35 45 7.3 -6.0
DFEM Dimensional Emerging Markets Core Equity 2 ETF 2.0 38 42 7.8 -5.5
DEHP Dimensional Emerging Markets High Profitability ETF 2.0 41 39 5.0 -8.3
ERTH Invesco MSCI Sustainable Future ETF 2.0 62 18 3.6 -9.7
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 1.9 40 40 8.3 -5.0
IWTR iShares MSCI Water Management Multisector ETF 1.8 47 33 5.0 -8.3
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 1.8 41 39 7.4 -5.9
SPEM SPDR Portfolio Emerging Markets ETF 1.7 7 73 7.3 -6.0
EYLD Cambria Emerging Shareholder Yield ETF 1.7 66 14 13.2 -0.1
SFYF SoFi Social 50 ETF 1.7 29 51 -2.2 -15.5
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.7 47 33 9.4 -3.9
ARKF ARK Fintech Innovation ETF 1.6 75 5 -0.4 -13.7
AQWA Global X Clean Water ETF 1.6 50 30 4.2 -9.1
CGW Invesco S&P Global Water Index ETF 1.6 57 23 4.4 -8.9
PIO Invesco Global Water ETF 1.6 75 5 5.2 -8.2
EFRA iShares Environmental Infrastructure and Industrials ETF 1.6 47 33 4.9 -8.4
FDEM Fidelity Emerging Markets Multifactor ETF 1.6 25 55 12.3 -1.0
BLLD JPMorgan Sustainable Infrastructure ETF 1.5 49 31 5.7 -7.6
IWP iShares Russell Mid-Cap Growth ETF 1.5 23 57 3.1 -10.2
BITQ Bitwise Crypto Industry Innovators ETF 1.5 85 -5 -1.9 -15.2
CGV Conductor Global Equity Value ETF 1.4 130 -50 10.9 -2.4
DFEV Dimensional Emerging Markets Value ETF 1.4 43 37 11.1 -2.3
AVES Avantis Emerging Markets Value ETF 1.4 36 44 11.6 -1.7
BNE Blue Horizon BNE ETF 1.3 87 -7 4.6 -8.7
SCHY Schwab International Dividend Equity ETF 1.3 14 66 9.3 -4.0
PWB Invesco Large Cap Growth ETF 1.3 56 24 3.2 -10.1
FILL iShares MSCI Global Energy Producers ETF 1.2 39 41 9.6 -3.7
VYMI Vanguard International High Dividend Yield ETF 1.2 22 58 9.8 -3.5
BOUT Innovator IBD Breakout Opportunities ETF 1.2 81 -1 3.6 -9.7
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 1.1 68 12 2.1 -11.2
MINV Matthews Asia Innovators Active ETF 1.1 79 1 3.0 -10.3
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.1 18 62 7.0 -6.3
FDFF Fidelity Disruptive Finance ETF 1.1 50 30 4.1 -9.2
ACWX iShares MSCI ACWI ex U.S. ETF 1.0 34 46 7.0 -6.4
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 1.0 58 22 10.2 -3.1
WWJD Inspire International ETF 1.0 80 0 7.3 -6.0
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 1.0 75 5 4.7 -8.7
SMCP AlphaMark Actively Managed Small Cap ETF 1.0 90 -10 3.9 -9.4
FXO First Trust Financials AlphaDEX Fund 0.9 62 18 7.4 -5.9
AVEM Avantis Emerging Markets Equity ETF 0.9 33 47 8.9 -4.5
PSC Principal U.S. Small-Cap ETF 0.9 38 42 5.9 -7.4
FINX Global X FinTech ETF 0.9 68 12 2.6 -10.7
IXUS iShares Core MSCI Total International Stock ETF 0.9 7 73 7.2 -6.1
JOET Virtus Terranova US Quality Momentum ETF 0.9 29 51 4.7 -8.6
IQDF FlexShares International Quality Dividend Index Fund 0.9 47 33 12.9 -0.4
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.9 41 39 7.4 -5.9
GQQQ Astoria US Quality Growth Kings ETF 0.8 35 45 6.3 -7.0
MEM Matthews Emerging Markets Equity Active ETF 0.8 79 1 5.4 -7.9
JIG JPMorgan International Growth ETF 0.8 55 25 4.6 -8.7
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 0.8 25 55 6.6 -6.7
SDG iShares MSCI Global Sustainable Development Goals ETF 0.8 49 31 5.6 -7.7
IYF iShares U.S. Financials ETF 0.8 40 40 5.4 -7.9
VXUS Vanguard Total International Stock ETF 0.8 7 73 7.2 -6.1
ARKW ARK Next Generation Internet ETF 0.7 87 -7 -0.7 -14.0
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.7 60 20 0.5 -12.9
VEGI iShares MSCI Agriculture Producers ETF 0.7 39 41 9.2 -4.1
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.7 30 50 8.0 -5.4
JSTC Adasina Social Justice All Cap Global ETF 0.7 89 -9 4.9 -8.4
VEU Vanguard FTSE All-World ex-US Index Fund 0.6 8 72 7.3 -6.1
DEW WisdomTree Global High Dividend Fund 0.6 58 22 8.5 -4.8
INNO Harbor Disruptive Innovation ETF 0.6 75 5 1.6 -11.7
BIGFX Baron International Growth Retail 0.6 75 5 3.1 -10.2
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.6 70 10 7.7 -5.6
GINN Goldman Sachs Innovate Equity ETF 0.6 52 28 2.8 -10.6
RNRG Global X Renewable Energy Producers ETF 0.6 66 14 5.5 -7.8
FDIG Fidelity Crypto Industry and Digital Payments ETF 0.5 39 41 -1.7 -15.0
RODE Hartford Multifactor Diversified International ETF 0.5 29 51 11.8 -1.5
VSGX Vanguard ESG International Stock ETF 0.5 12 68 6.8 -6.6
IQDE FlexShares International Quality Dividend Defensive Index ET 0.5 47 33 14.8 +1.5
IXG iShares Global Financials ETF 0.5 42 38 6.2 -7.1
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.5 45 35 5.7 -7.6
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.5 42 38 8.1 -5.3
BLES Inspire Global Hope ETF 0.5 61 19 6.4 -6.9
FFTY Innovator IBD 50 ETF 0.5 80 0 -0.6 -13.9
DGT SPDR Global Dow ETF 0.5 50 30 6.8 -6.5
TRFM AAM Transformers ETF 0.4 49 31 2.0 -11.3
DTEC ALPS Disruptive Technologies ETF 0.4 50 30 3.7 -9.6
CWI SPDR MSCI ACWI ex-US ETF 0.4 30 50 6.9 -6.4
GLOF iShares Global Equity Factor ETF 0.4 20 60 7.0 -6.3
RAYD Rayliant Quantitative Developed Market Equity ETF 0.4 80 0 3.8 -9.5
IWR iShares Russell Midcap ETF 0.4 19 61 5.4 -7.9
ACWI iShares MSCI ACWI ETF 0.3 32 48 5.3 -8.0
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.3 47 33 5.5 -7.9
JMOM JPMorgan U.S. Momentum Factor ETF 0.3 12 68 4.5 -8.8
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.3 39 41 4.1 -9.2
VFMO Vanguard U.S. Momentum Factor ETF 0.3 13 67 2.1 -11.2
LRGF iShares U.S. Equity Factor ETF 0.3 8 72 5.6 -7.7
VT Vanguard Total World Stock ETF 0.3 7 73 5.5 -7.8
AVUV Avantis U.S. Small Cap Value ETF 0.3 25 55 8.8 -4.5
BUZZ VanEck Social Sentiment ETF 0.3 75 5 0.3 -13.0
IPAV Global X Infrastructure Development ex-U.S. ETF 0.3 55 25 9.7 -3.6
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.2 12 68 4.5 -8.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.2 20 60 5.2 -8.2
AIQ Global X Artificial Intelligence & Technology ETF 0.2 68 12 4.0 -9.3
EXI iShares Global Industrials ETF 0.2 42 38 4.5 -8.8
KLMT Invesco MSCI Global Climate 500 ETF 0.2 10 70 5.4 -7.9
IGRO iShares International Dividend Growth ETF 0.2 15 65 7.5 -5.8
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.2 20 60 4.6 -8.7
VFVA Vanguard U.S. Value Factor ETF 0.2 13 67 10.0 -3.3
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.2 15 65 4.7 -8.6
IWO iShares Russell 2000 Growth ETF 0.2 24 56 0.6 -12.8
VTWG Vanguard Russell 2000 Growth ETF 0.2 15 65 0.7 -12.6
IWF iShares Russell 1000 Growth ETF 0.2 19 61 4.5 -8.9
VONG Vanguard Russell 1000 Growth ETF 0.2 8 72 4.6 -8.8
IWM iShares Russell 2000 ETF 0.2 19 61 2.8 -10.5
RSSL Global X Russell 2000 ETF 0.2 8 72 2.6 -10.7
VTWO Vanguard Russell 2000 ETF 0.2 10 70 2.9 -10.4
IWN iShares Russell 2000 Value ETF 0.1 24 56 4.8 -8.5
VTWV Vanguard Russell 2000 Value ETF 0.1 15 65 4.9 -8.4
SHPP Pacer Industrials and Logistics ETF 0.1 60 20 9.9 -3.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 68 4.8 -8.5
RVRB Reverb ETF 0.1 30 50 4.7 -8.6
XMAG Defiance Large Cap ex-Mag 7 ETF 0.1 35 45 5.1 -8.2
KOMP SPDR S&P Kensho New Economies Composite ETF 0.1 20 60 1.0 -12.3
VIGI Vanguard International Dividend Appreciation ETF 0.1 15 65 6.4 -6.9
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 15 8.2 -5.2
FELG Fidelity Enhanced Large Cap Growth ETF 0.1 18 62 4.6 -8.7
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 71 4.8 -8.5
ACWV iShares MSCI Global Min Vol Factor ETF 0.1 20 60 6.3 -7.0
IWV iShares Russell 3000 ETF 0.1 20 60 4.7 -8.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 71 5.4 -8.0
VTHR Vanguard Russell 3000 ETF 0.1 10 70 4.7 -8.6
IWB iShares Russell 1000 ETF 0.1 15 65 4.8 -8.5
VONE Vanguard Russell 1000 ETF 0.1 8 72 4.9 -8.4
ESGG FlexShares STOXX Global ESG Select Index Fund 0.1 42 38 5.1 -8.2
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.1 32 48 4.8 -8.5
EQAL Invesco Russell 1000 Equal Weight ETF 0.1 20 60 6.3 -7.1
AVUS Avantis U.S. Equity ETF 0.1 15 65 5.6 -7.7
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 60 6.8 -6.5
FNDA Schwab Fundamental US Small Co. Index ETF 0.1 25 55 6.0 -7.3
SMLF iShares U.S. SmallCap Equity Factor ETF 0.1 15 65 4.6 -8.7
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.1 14 66 5.0 -8.3
IUS Invesco RAFI Strategic US ETF 0.0 19 61 6.8 -6.5
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 59 3.8 -9.5
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.0 39 41 5.8 -7.5
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 63 6.9 -6.4
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 41 6.8 -6.6
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 55 6.8 -6.6
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.0 30 50 4.7 -8.6

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%.

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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:		 First Trust Brazil AlphaDEX Fund
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 16.3 %
Divided by: Fwd. P/BV 1.2 x
Less: Expense ratio 80 bp
Equals: ALTAR Score 13.3 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.52 CATEGORY
AVERAGE		 1.48
 
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.