First Trust China AlphaDEX Fund
ALTAR
Score™		 9.9% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 8.2x P/Sales
ratio		 0.5x
P/BV
ratio		 0.8x Div.
yield		 4.2%


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

FUND BASICS
Category Emerging Market Equities
Fund Sponsor First Trust Advisors LP
Website www.ftportfolios.com
Inception date Apr 18, 2011
Assets (mns) $35
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 53
Wgt avg mkt cap (mns) $19,265
Large cap (>$10bn) 54.4%
Mid cap ($2-10bn) 45.1%
Small cap (<$2bn) 0.5%
Developed mkts 31.6%
Emerging mkts 68.4%

TOP TEN HOLDINGS
POP MART INTERNATIONAL GROUP LIMIT 7.6 %
XIAOMI CORP. CLASS B 4.7 %
GEELY AUTOMOBILE HOLDINGS LT 4.2 %
ORIENT OVERSEAS INTL LTD 3.9 %
CHINA HONGQIAO GROUP LTD 3.8 %
PEOPLE'S INSURANCE CO GROU-H 3.3 %
PETROCHINA CO LTD-H 3.3 %
BOC AVIATION LIMITED 3.2 %
CHINA REINSURANCE (GROUP) CORP. CL 2.8 %
CHINA SOUTHERN AIRLINES CO-H 2.8 %
Total 39.7 %

TOP COUNTRY EXPOSURE
CHINA 73.4 %
HONG KONG 22.6 %
SINGAPORE 3.3 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 30)
Year-to-date 1 year 5 years 10 years Since Incep.
10.3% 11.0% 4.0% 1.7% 1.2%

Market Correlations
versus... Beta R-squared
S&P500 0.44 7%
MSCI EAFE 0.71 19%
MSCI Emg. Mkts. 1.18 52%

Technical Indicators
Recent close $22.11
30d moving avg. $21.33
Annualized volatility 28.0%
Short interest (ETF) 0.0%
Relative strength (RSI) 57

Liquidity measures
Avg. volume (thou.) 3
Turnover 0.2%
Bid/Ask (% of price) 1.06%
ADV underlying (mns) $1,461

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 218 potential alternatives to the First Trust China AlphaDEX Fund ETF based on the alternatives' overlap in portfolio holdings with FCA. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FCA Expense: 80 bp ALTAR Score™: 9.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FCA
Ticker Fund
Name		 Overlap1
vs FCA
(%)		 Expense
ratio
(bp)		 Savings
vs FCA
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs FCA
(%)
FXI iShares China Large-Cap ETF 19.2 74 6 18.9 +8.9
FEM First Trust Emerging Markets AlphaDEX Fund 16.3 80 0 12.0 +2.1
MCHI iShares MSCI China ETF 16.2 59 21 18.9 +9.0
UEVM VictoryShares Emerging Markets Value Momentum ETF 15.3 45 35 10.8 +0.9
FLCH Franklin FTSE China ETF 14.8 19 61 17.9 +8.0
KALL KraneShares MSCI All China Index ETF 14.2 49 31 14.9 +5.0
CGRO CoreValues Alpha Greater China Growth ETF 13.6 75 5 4.3 -5.6
GXC SPDR S&P China ETF 13.5 59 21 17.5 +7.6
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 12.4 90 -10 8.1 -1.8
EEMO Invesco S&P Emerging Markets Momentum ETF 11.9 29 51 6.8 -3.1
TCHI iShares MSCI China Multisector Tech ETF 11.5 59 21 22.0 +12.1
ROAM Hartford Multifactor Emerging Markets ETF 11.3 44 36 12.3 +2.3
PXH Invesco FTSE RAFI Emerging Markets ETF 11.3 49 31 17.0 +7.1
KTEC KraneShares Hang Seng TECH Index ETF 10.6 69 11 21.6 +11.7
CHIQ Global X MSCI China Consumer Discretionary ETF 10.5 65 15 15.5 +5.6
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 9.8 80 0 9.8 -0.1
BKF iShares MSCI BIC ETF 9.7 69 11 13.8 +3.9
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 9.6 39 41 17.2 +7.2
DVYE iShares Emerging Markets Dividend ETF 9.5 49 31 18.7 +8.7
AIA iShares Asia 50 ETF 8.1 50 30 14.7 +4.8
AVES Avantis Emerging Markets Value ETF 8.1 36 44 12.0 +2.0
FDEM Fidelity Emerging Markets Multifactor ETF 8.0 25 55 13.6 +3.6
EVLU iShares MSCI Emerging Markets Value Factor ETF 7.8 35 45 20.9 +11.0
MCH Matthews China Active ETF 7.6 79 1 16.3 +6.4
RNEM First Trust Emerging Markets Equity Select ETF 7.6 75 5 7.0 -2.9
EDIV SPDR S&P Emerging Markets Dividend ETF 7.4 49 31 11.9 +2.0
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 7.0 50 30 11.9 +2.0
DFEV Dimensional Emerging Markets Value ETF 6.8 43 37 14.1 +4.2
EEMA iShares MSCI Emerging Markets Asia ETF 6.8 49 31 10.9 +1.0
JCHI JPMorgan Active China ETF 6.7 65 15 16.5 +6.5
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 6.6 20 60 10.8 +0.9
ECON Columbia Emerging Markets Consumer ETF 6.3 49 31 13.3 +3.3
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 6.2 25 55 6.5 -3.4
AAXJ iShares MSCI All Country Asia ex Japan ETF 6.2 70 10 9.9 0.0
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 6.2 45 35 11.1 +1.2
GMF SPDR S&P Emerging Asia Pacific ETF 6.1 49 31 10.1 +0.2
AVEM Avantis Emerging Markets Equity ETF 6.0 33 47 9.5 -0.4
FLAX Franklin FTSE Asia Ex Japan ETF 6.0 19 61 10.0 +0.0
CXSE WisdomTree China ex-State-Owned Enterprises Fund 6.0 32 48 19.0 +9.1
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 5.8 60 20 12.7 +2.8
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 5.7 30 50 10.2 +0.3
ECOW Pacer Emerging Markets Cash Cows 100 ETF 5.7 70 10 15.5 +5.6
SCHE Schwab Emerging Markets Equity ETF 5.6 11 69 11.8 +1.9
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 5.5 66 14 10.5 +0.6
EEM iShares MSCI Emerging Markets ETF 5.4 69 11 10.8 +0.9
EYLD Cambria Emerging Shareholder Yield ETF 5.4 66 14 13.0 +3.1
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 5.4 15 65 10.9 +1.0
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 5.3 30 50 10.9 +1.0
EMIF iShares Emerging Markets Infrastructure ETF 5.2 60 20 6.8 -3.2
SPEM SPDR Portfolio Emerging Markets ETF 5.2 7 73 11.0 +1.1
RODE Hartford Multifactor Diversified International ETF 5.2 29 51 11.0 +1.0
BKEM BNY Mellon Emerging Markets Equity ETF 5.2 11 69 10.6 +0.7
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 5.1 15 65 8.6 -1.4
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 5.1 36 44 10.4 +0.5
ESGE iShares ESG Aware MSCI EM ETF 5.1 25 55 10.7 +0.8
VWO Vanguard FTSE Emerging Markets ETF 5.1 8 72 11.1 +1.2
CQQQ Invesco China Technology ETF 5.1 70 10 19.5 +9.6
DFAE Dimensional Emerging Core Equity Market ETF 5.0 35 45 10.2 +0.3
DFEM Dimensional Emerging Markets Core Equity 2 ETF 5.0 38 42 10.0 +0.0
KWEB KraneShares CSI China Internet ETF 4.9 69 11 28.4 +18.5
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 4.9 41 39 9.5 -0.4
JHEM John Hancock Multifactor Emerging Markets ETF 4.8 49 31 10.7 +0.7
EMXF iShares ESG Advanced MSCI EM ETF 4.8 16 64 8.6 -1.3
LDEM iShares ESG MSCI EM Leaders ETF 4.7 17 63 14.0 +4.1
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 4.7 40 40 7.3 -2.6
IEMG iShares Core MSCI Emerging Markets ETF 4.7 9 71 11.0 +1.1
FPXI First Trust International Equity Opportunities ETF 4.6 70 10 3.6 -6.3
NXTG First Trust Indxx NextG ETF 4.4 70 10 5.6 -4.3
SDEM Global X MSCI SuperDividend Emerging Markets ETF 4.3 67 13 14.0 +4.1
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 4.2 72 8 -0.9 -10.8
DSTX Distillate International Fundamental Stability & Value ETF 4.1 55 25 8.3 -1.6
EMC Global X Emerging Markets Great Consumer ETF 4.1 75 5 8.4 -1.5
BOAT SonicShares Global Shipping ETF 3.9 69 11 28.1 +18.2
GGME Invesco Next Gen Media and Gaming ETF 3.9 60 20 4.6 -5.3
MOTO SmartETFs Smart Transportation & Technology ETF 3.9 68 12 7.7 -2.2
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 3.9 59 21 12.3 +2.4
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 3.8 44 36 10.9 +1.0
EMMF WisdomTree Emerging Markets Multifactor Fund 3.7 48 32 8.1 -1.8
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 3.7 86 -6 14.1 +4.1
DEM WisdomTree Emerging Markets High Dividend Fund 3.7 63 17 13.6 +3.7
VIDI Vident International Equity Strategy ETF 3.5 61 19 11.2 +1.3
ADIV SmartETFs Asia Pacific Dividend Builder ETF 3.5 78 2 9.8 -0.1
GSIB Themes Global Systemically Important Banks ETF 3.5 35 45 10.2 +0.3
EMGF iShares Emerging Markets Equity Factor ETF 3.4 25 55 12.3 +2.4
FDT First Trust Developed Markets ex-US AlphaDEX Fund 3.3 80 0 10.2 +0.3
ARVR First Trust Indxx Metaverse ETF 3.2 70 10 4.5 -5.4
NUEM Nuveen ESG Emerging Markets Equity ETF 3.1 36 44 8.2 -1.7
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 2.8 33 47 10.7 +0.7
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 2.8 60 20 7.1 -2.8
OBOR KraneShares MSCI One Belt One Road Index ETF 2.8 79 1 8.8 -1.2
GVAL Cambria Global Value ETF 2.8 68 12 11.2 +1.3
WRND IQ Global Equity R&D Leaders ETF 2.7 18 62 8.9 -1.1
DEHP Dimensional Emerging Markets High Profitability ETF 2.7 41 39 7.2 -2.8
WTRE WisdomTree New Economy Real Estate Fund 2.5 58 22 9.3 -0.7
DTCR Global X Data Center & Digital Infrastructure ETF 2.5 50 30 4.7 -5.2
SRVR Pacer Data & Infrastructure Real Estate ETF 2.5 55 25 3.8 -6.1
MEM Matthews Emerging Markets Equity Active ETF 2.5 79 1 8.5 -1.5
KURE KraneShares MSCI All China Health Care Index ETF 2.5 65 15 3.1 -6.8
ACWV iShares MSCI Global Min Vol Factor ETF 2.4 20 60 5.8 -4.1
FID First Trust S&P International Dividend Aristocrats ETF 2.4 60 20 8.3 -1.7
IQDF FlexShares International Quality Dividend Index Fund 2.3 47 33 9.3 -0.7
KGRN KraneShares MSCI China Clean Technology Index ETF 2.2 79 1 3.8 -6.1
ECNS iShares MSCI China Small-Cap ETF 2.2 59 21 10.6 +0.6
PATN Pacer Nasdaq International Patent Leaders ETF 2.2 65 15 6.6 -3.4
EDOG ALPS Emerging Sector Dividend Dogs ETF 2.1 60 20 10.8 +0.9
IDOG ALPS International Sector Dividend Dogs ETF 2.1 50 30 12.4 +2.5
WDIV SPDR S&P Global Dividend ETF 2.1 40 40 9.6 -0.4
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 2.0 10 70 8.3 -1.7
FLHK Franklin FTSE Hong Kong ETF 1.9 9 71 7.0 -2.9
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.9 12 68 8.2 -1.7
FDNI First Trust Dow Jones International Internet ETF 1.9 65 15 19.9 +10.0
MOTI VanEck Morningstar International Moat ETF 1.9 58 22 12.8 +2.9
CHAT Roundhill Generative AI & Technology ETF 1.9 75 5 7.0 -2.9
WNDY Global X Wind Energy ETF 1.8 50 30 4.9 -5.1
DRIV Global X Autonomous & Electric Vehicles ETF 1.8 68 12 6.9 -3.0
VYMI Vanguard International High Dividend Yield ETF 1.7 22 58 9.8 -0.1
IPAV Global X Infrastructure Development ex-U.S. ETF 1.7 55 25 7.9 -2.1
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.7 30 50 8.3 -1.6
GTEK Goldman Sachs Future Tech Leaders Equity ETF 1.7 75 5 3.3 -6.7
KNCT Invesco Next Gen Connectivity ETF 1.6 40 40 5.2 -4.7
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.6 18 62 8.0 -2.0
ACWX iShares MSCI ACWI ex U.S. ETF 1.6 34 46 7.9 -2.0
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.6 41 39 7.8 -2.2
VSGX Vanguard ESG International Stock ETF 1.6 12 68 8.0 -2.0
CWI SPDR MSCI ACWI ex-US ETF 1.5 30 50 7.9 -2.0
VEU Vanguard FTSE All-World ex-US Index Fund 1.5 8 72 8.3 -1.6
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 1.5 95 -15 13.3 +3.4
SDIV Global X Superdividend ETF 1.5 58 22 42.4 +32.5
OAIM OneAscent International Equity ETF 1.5 95 -15 6.1 -3.8
ESPO VanEck Video Gaming and eSports ETF 1.4 56 24 4.4 -5.6
COPX Global X Copper Miners ETF 1.4 65 15 8.5 -1.5
BATT Amplify Lithium & Battery Technology ETF 1.4 59 21 3.8 -6.2
AGMI Themes Silver Miners ETF 1.4 35 45 5.9 -4.0
VXUS Vanguard Total International Stock ETF 1.4 7 73 8.2 -1.8
IXUS iShares Core MSCI Total International Stock ETF 1.4 7 73 8.1 -1.8
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.3 32 48 9.7 -0.2
SCHY Schwab International Dividend Equity ETF 1.3 14 66 9.6 -0.3
FAN First Trust Global Wind Energy ETF 1.3 60 20 4.8 -5.2
FRNW Fidelity Clean Energy ETF 1.2 39 41 4.4 -5.5
UMMA Wahed Dow Jones Islamic World ETF 1.2 65 15 5.3 -4.7
IXC iShares Global Energy ETF 1.2 44 36 11.0 +1.1
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.2 47 33 8.5 -1.4
EBLU Ecofin Global Water ESG Fund 1.1 40 40 4.2 -5.7
VCLN Virtus Duff & Phelps Clean Energy ETF 1.1 59 21 5.9 -4.1
AQWA Global X Clean Water ETF 1.1 50 30 5.0 -4.9
FTRI First Trust Indxx Global Natural Resources Income ETF 1.1 70 10 8.5 -1.5
DVYA iShares Asia/Pacific Dividend ETF 1.1 49 31 8.8 -1.1
SHPP Pacer Industrials and Logistics ETF 1.1 60 20 8.4 -1.5
CARZ First Trust NASDAQ Global Auto Index Fund 1.0 70 10 6.1 -3.8
CTEC Global X CleanTech ETF 1.0 50 30 3.1 -6.8
DTEC ALPS Disruptive Technologies ETF 1.0 50 30 3.9 -6.0
XT iShares Exponential Technologies ETF 1.0 46 34 5.7 -4.3
FYLD Cambria Foreign Shareholder Yield ETF 1.0 59 21 12.0 +2.0
FILL iShares MSCI Global Energy Producers ETF 1.0 39 41 12.7 +2.7
IGF iShares Global Infrastructure ETF 1.0 41 39 4.7 -5.2
GII SPDR S&P Global Infrastructure ETF 1.0 40 40 4.7 -5.3
ODDS Pacer BlueStar Digital Entertainment ETF 0.9 60 20 2.3 -7.7
ANEW ProShares MSCI Transformational Changes ETF 0.9 45 35 6.3 -3.6
CGDG Capital Group Dividend Growers ETF 0.9 47 33 6.3 -3.7
KOCG FIS Knights of Columbus Global Belief ETF 0.9 75 5 5.1 -4.8
DEW WisdomTree Global High Dividend Fund 0.9 58 22 8.8 -1.1
FMET Fidelity Metaverse ETF 0.9 39 41 5.2 -4.7
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.9 56 24 12.1 +2.2
IXG iShares Global Financials ETF 0.9 42 38 6.8 -3.1
OZEM Roundhill GLP-1 & Weight Loss ETF 0.9 59 21 -0.7 -10.6
GLOF iShares Global Equity Factor ETF 0.8 20 60 6.9 -3.0
CLNR IQ Cleaner Transport ETF 0.8 45 35 6.9 -3.0
EELV Invesco S&P Emerging Markets Low Volatility ETF 0.8 29 51 8.6 -1.3
ERTH Invesco MSCI Sustainable Future ETF 0.8 62 18 3.6 -6.3
CCNR ALPS CoreCommodity Natural Resources ETF 0.8 39 41 12.0 +2.1
DGT SPDR Global Dow ETF 0.8 50 30 7.4 -2.5
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.8 46 34 10.7 +0.7
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.8 65 15 8.2 -1.7
PICK iShares MSCI Global Metals & Mining Producers ETF 0.8 39 41 14.1 +4.1
IBUY Amplify Online Retail ETF 0.8 65 15 3.0 -6.9
IXN iShares Global Tech ETF 0.7 41 39 4.2 -5.7
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.7 46 34 5.4 -4.5
IQRA IQ CBRE Real Assets ETF 0.7 65 15 5.7 -4.3
INTF iShares International Equity Factor ETF 0.7 15 65 7.8 -2.1
JSTC Adasina Social Justice All Cap Global ETF 0.6 89 -9 4.5 -5.4
ACWI iShares MSCI ACWI ETF 0.6 32 48 5.9 -4.1
WWJD Inspire International ETF 0.6 80 0 7.3 -2.6
KLMT Invesco MSCI Global Climate 500 ETF 0.6 10 70 6.0 -3.9
IXP iShares Global Comm Services ETF 0.5 42 38 6.3 -3.7
RXI iShares Global Consumer Discretionary ETF 0.5 41 39 9.1 -0.8
VT Vanguard Total World Stock ETF 0.5 7 73 6.2 -3.7
JETS U.S. Global Jets ETF 0.5 60 20 3.8 -6.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.5 20 60 6.0 -3.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.5 9 71 6.1 -3.8
IGPT Invesco AI and Next Gen Software ETF 0.5 60 20 5.0 -5.0
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.4 47 33 5.7 -4.2
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.4 42 38 6.8 -3.2
JPIN J.P. Morgan Diversified Return International Equity ETF 0.4 37 43 8.6 -1.3
GCOW Pacer Global Cash Cows Dividend ETF 0.4 60 20 11.0 +1.1
BNGE First Trust S-Network Streaming and Gaming ETF 0.4 70 10 3.2 -6.7
IGRO iShares International Dividend Growth ETF 0.3 15 65 7.1 -2.8
ICLN iShares Global Clean Energy ETF 0.3 41 39 6.2 -3.8
BLES Inspire Global Hope ETF 0.3 61 19 7.0 -2.9
SDG iShares MSCI Global Sustainable Development Goals ETF 0.3 49 31 6.4 -3.6
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.2 70 10 7.8 -2.1
RFDI First Trust Riverfront Dynamic Developed International ETF 0.2 83 -3 9.6 -0.3
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.2 49 31 7.3 -2.7
GNR SPDR S&P Global Natural Resources ETF 0.2 40 40 11.8 +1.9
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.2 65 15 12.0 +2.0
IQSI IQ Candriam International Equity ETF 0.2 15 65 6.6 -3.3
GSID Goldman Sachs MarketBeta International Equity ETF 0.1 20 60 7.0 -2.9
QINT American Century Quality Diversified International ETF 0.1 39 41 7.4 -2.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 68 5.3 -4.6
BKIE BNY Mellon International Equity ETF 0.1 4 76 7.1 -2.8
GINN Goldman Sachs Innovate Equity ETF 0.1 52 28 4.2 -5.7
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.1 58 22 9.9 -0.0
FNDC Schwab Fundamental International Small Co. Index ETF 0.1 39 41 6.1 -3.9
VPL Vanguard FTSE Pacific ETF 0.1 8 72 7.4 -2.5
SCHF Schwab International Equity ETF 0.0 6 74 7.5 -2.5
VEA Vanguard FTSE Developed Markets ETF 0.0 5 75 7.4 -2.6
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 35 9.0 -0.9
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.0 24 56 7.6 -2.4
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 77 7.2 -2.7

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

  2020 2021 2022 2023 2024 2025E 2026E
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
  2024 2025E 2026E
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 China AlphaDEX Fund
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 8.1 %
Divided by: Fwd. P/BV 0.8 x
Less: Expense ratio 80 bp
Equals: ALTAR Score 9.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.52 CATEGORY
AVERAGE		 1.50
 
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.