First Trust China AlphaDEX Fund
ALTAR
Score™		 8.4% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 10.9x P/Sales
ratio		 0.4x
P/BV
ratio		 0.6x Div.
yield		 2.2%


  • 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) $75
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) $11,965
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
CHINA HONGQIAO GROUP LTD 5.1 %
XINJIANG GOLDWIND SCI&TEC-H 4.7 %
SHANDONG GOLD MINING CO., LTD. CLA 3.9 %
NEW CHINA LIFE INSURANCE C-H 3.8 %
CHINA REINSURANCE (GROUP) CORP. CL 3.7 %
REMEGEN CO. LTD. CLASS H 3.7 %
BAIDU, INC. CLASS A 3.5 %
CHINA COAL ENERGY CO - H 3.2 %
PEOPLE'S INSURANCE CO GROU-H 3.2 %
PETROCHINA CO LTD-H 3.2 %
Total 38.0 %

TOP COUNTRY EXPOSURE
CHINA 93.3 %
HONG KONG 4.6 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
44.5% 44.5% 4.4% 7.4% 3.0%

Market Correlations
versus... Beta R-squared
S&P500 0.69 28%
MSCI EAFE 0.92 36%
MSCI Emg. Mkts. 1.08 57%

Technical Indicators
Recent close $31.41
30d moving avg. $29.21
Annualized volatility 26.4%
Short interest (ETF) 0.4%
Relative strength (RSI) 58

Liquidity measures
Avg. volume (thou.) 13
Turnover 0.5%
Bid/Ask (% of price) 1.33%
ADV underlying (mns) $1,461

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 197 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™: 8.4%


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
(%)
FEM First Trust Emerging Markets AlphaDEX Fund 26.9 80 0 10.0 +1.6
JIVE JPMorgan International Value ETF 21.0 55 25 9.4 +1.0
FXI iShares China Large-Cap ETF 12.1 74 6 16.0 +7.6
UEVM VictoryShares Emerging Markets Value Momentum ETF 11.0 45 35 9.2 +0.8
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 10.4 90 -10 4.3 -4.1
MCHI iShares MSCI China ETF 9.1 59 21 15.3 +6.9
FLCH Franklin FTSE China ETF 8.9 19 61 14.2 +5.8
MCH Matthews China Active ETF 8.7 79 1 12.7 +4.3
SDEM Global X MSCI SuperDividend Emerging Markets ETF 8.3 67 13 12.7 +4.3
GXC SPDR S & P China ETF 7.9 59 21 14.3 +5.9
JCHI JPMorgan Active China ETF 7.6 65 15 12.9 +4.5
KTEC KraneShares Hang Seng TECH Index ETF 7.6 69 11 16.9 +8.5
EEMO Invesco S&P Emerging Markets Momentum ETF 7.2 29 51 6.9 -1.5
PXH Invesco FTSE RAFI Emerging Markets ETF 7.1 49 31 13.3 +4.9
KURE KraneShares MSCI All China Health Care Index ETF 7.1 65 15 2.8 -5.6
EVLU iShares MSCI Emerging Markets Value Factor ETF 6.6 35 45 11.4 +3.0
ROAM Hartford Multifactor Emerging Markets ETF 6.3 44 36 10.1 +1.7
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 6.3 39 41 14.0 +5.6
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 5.9 50 30 8.9 +0.5
BKF iShares MSCI BIC ETF 5.9 69 11 11.8 +3.4
TCHI iShares MSCI China Multisector Tech ETF 5.9 59 21 14.7 +6.3
AVES Avantis Emerging Markets Value ETF 5.5 36 44 9.3 +0.9
CQQQ Invesco China Technology ETF 5.4 70 10 12.1 +3.7
CXSE WisdomTree China ex-State-Owned Enterprises Fund 5.4 32 48 11.2 +2.8
EMIF iShares Emerging Markets Infrastructure ETF 5.4 60 20 2.9 -5.5
FDEM Fidelity Emerging Markets Multifactor ETF 5.3 25 55 10.5 +2.1
KWEB KraneShares CSI China Internet ETF 5.0 69 11 22.2 +13.8
FTRI First Trust Indxx Global Natural Resources Income ETF 4.9 70 10 6.3 -2.1
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 4.7 60 20 8.7 +0.3
RNEM First Trust Emerging Markets Equity Select ETF 4.4 75 5 7.7 -0.7
FDNI First Trust Dow Jones International Internet ETF 4.3 65 15 19.1 +10.7
EYLD Cambria Emerging Shareholder Yield ETF 4.3 66 14 10.3 +1.9
BOAT SonicShares Global Shipping ETF 4.3 69 11 24.7 +16.3
CHIQ Global X MSCI China Consumer Discretionary ETF 4.3 65 15 11.2 +2.8
FAN First Trust Global Wind Energy ETF 4.2 60 20 3.6 -4.8
EEMA iShares MSCI Emerging Markets Asia ETF 4.1 49 31 7.8 -0.6
GMF SPDR S&P Emerging Asia Pacific ETF 4.1 49 31 8.4 0.0
ISHP First Trust Nasdaq Retail ETF 4.0 60 20 5.1 -3.3
AAXJ iShares MSCI All Country Asia ex Japan ETF 3.8 70 10 7.1 -1.3
SCHE Schwab Emerging Markets Equity ETF 3.8 11 69 9.4 +1.0
FLAX Franklin FTSE Asia Ex Japan ETF 3.8 19 61 7.3 -1.1
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 3.7 88 -8 7.2 -1.2
SPEM SPDR Portfolio Emerging Markets ETF 3.6 7 73 9.1 +0.7
AVEM Avantis Emerging Markets Equity ETF 3.6 33 47 7.1 -1.3
ECON Columbia Emerging Markets Consumer ETF 3.6 49 31 9.8 +1.4
LDEM iShares ESG MSCI EM Leaders ETF 3.6 17 63 11.1 +2.7
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 3.5 45 35 8.3 -0.2
DEHP Dimensional Emerging Markets High Profitability ETF 3.5 41 39 5.2 -3.2
VWO Vanguard FTSE Emerging Markets ETF 3.4 7 73 9.0 +0.5
BKEM BNY Mellon Emerging Markets Equity ETF 3.4 11 69 7.8 -0.6
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 3.4 36 44 7.8 -0.6
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 3.4 66 14 7.5 -0.9
EEM iShares MSCI Emerging Markets ETF 3.4 69 11 7.9 -0.5
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 3.3 15 65 8.3 -0.1
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 3.2 41 39 7.0 -1.4
DVYE iShares Emerging Markets Dividend ETF 3.1 49 31 16.2 +7.8
ECOW Pacer Emerging Markets Cash Cows 100 ETF 3.1 70 10 11.2 +2.8
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 3.1 30 50 7.9 -0.5
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 3.1 30 50 7.3 -1.1
ESGE iShares ESG Aware MSCI EM ETF 3.1 25 55 8.3 -0.1
IPOS Renaissance International IPO ETF 3.1 80 0 1.6 -6.8
AIA iShares Asia 50 ETF 3.0 50 30 10.2 +1.8
OBOR KraneShares MSCI One Belt One Road Index ETF 3.0 79 1 6.9 -1.5
DFEM Dimensional Emerging Markets Core Equity 2 ETF 3.0 38 42 7.4 -1.0
IEMG iShares Core MSCI Emerging Markets ETF 3.0 9 71 8.3 -0.1
EMMF WisdomTree Emerging Markets Multifactor Fund 3.0 48 32 5.8 -2.6
DFEV Dimensional Emerging Markets Value ETF 2.9 43 37 10.2 +1.8
DFAE Dimensional Emerging Core Equity Market ETF 2.9 35 45 7.3 -1.1
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 2.9 15 65 6.4 -2.0
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 2.9 86 -6 12.1 +3.7
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 2.8 25 55 5.8 -2.6
EMGF iShares Emerging Markets Equity Factor ETF 2.8 25 55 9.3 +0.9
MOTI VanEck Morningstar International Moat ETF 2.7 58 22 9.1 +0.7
CTEC Global X CleanTech ETF 2.7 50 30 0.6 -7.8
JHEM John Hancock Multifactor Emerging Markets ETF 2.6 49 31 8.2 -0.3
IQDF FlexShares International Quality Dividend Index Fund 2.5 47 33 7.5 -0.9
IPAV Global X Infrastructure Development ex-U.S. ETF 2.5 55 25 5.8 -2.6
PICK iShares MSCI Global Metals & Mining Producers ETF 2.5 39 41 8.4 +0.0
AVSE Avantis Responsible Emerging Markets Equity ETF 2.5 33 47 6.9 -1.6
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 2.4 59 21 7.3 -1.1
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 2.4 33 47 8.0 -0.4
COPX Global X Copper Miners ETF 2.4 65 15 4.1 -4.3
GDXJ VanEck Junior Gold Miners ETF 2.4 52 28 2.0 -6.4
DEM WisdomTree Emerging Markets High Dividend Fund 2.3 63 17 11.6 +3.2
NXTG First Trust Indxx NextG ETF 2.2 70 10 4.3 -4.1
MOTG VanEck Morningstar Global Wide Moat ETF 2.2 52 28 8.7 +0.2
FPXI First Trust International Equity Opportunities ETF 2.2 70 10 3.4 -5.0
WTRE WisdomTree New Economy Real Estate Fund 2.2 58 22 4.8 -3.6
DTCR Global X Data Center & Digital Infrastructure ETF 2.2 50 30 3.1 -5.4
SRVR Pacer Data & Infrastructure Real Estate ETF 2.2 55 25 4.1 -4.3
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 2.2 72 8 -1.2 -9.6
EDIV SPDR S&P Emerging Markets Dividend ETF 2.2 49 31 8.5 +0.1
NUEM Nuveen ESG Emerging Markets Equity ETF 2.0 36 44 6.5 -1.9
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 2.0 40 40 6.0 -2.4
MINV Matthews Asia Innovators Active ETF 2.0 79 1 5.4 -3.0
EMXF iShares ESG Advanced MSCI EM ETF 2.0 16 64 7.0 -1.4
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 2.0 44 36 9.1 +0.7
EDOG ALPS Emerging Sector Dividend Dogs ETF 2.0 60 20 9.3 +0.9
CHAT Roundhill Generative AI & Technology ETF 1.9 75 5 6.2 -2.2
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.9 32 48 6.9 -1.5
ION ProShares S&P Global Core Battery Metals ETF 1.9 58 22 5.0 -3.4
KGRN KraneShares MSCI China Clean Technology Index ETF 1.9 79 1 0.3 -8.1
FRNW Fidelity Clean Energy ETF 1.9 39 41 2.0 -6.4
AUMI Themes Gold Miners ETF 1.8 35 45 2.3 -6.1
OZEM Roundhill GLP-1 & Weight Loss ETF 1.8 59 21 3.8 -4.7
THNR Amplify Weight Loss Drug & Treatment ETF 1.8 59 21 5.7 -2.7
FDHT Fidelity Digital Health ETF 1.6 39 41 1.3 -7.1
HTEC ROBO Global Healthcare Technology and Innovation ETF 1.5 68 12 1.6 -6.8
JADE JPMorgan Active Developing Markets Equity ETF 1.5 65 15 6.3 -2.1
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 1.5 20 60 8.6 +0.2
EMC Global X Emerging Markets Great Consumer ETF 1.5 75 5 6.9 -1.5
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.5 47 33 6.9 -1.6
CCNR ALPS CoreCommodity Natural Resources ETF 1.4 39 41 7.1 -1.3
AGMI Themes Silver Miners ETF 1.4 35 45 2.5 -5.9
MEM Matthews Emerging Markets Equity Active ETF 1.4 79 1 6.2 -2.2
FDRV Fidelity Electric Vehicles and Future Transportation ETF 1.4 39 41 -1.3 -9.7
SLVP iShares MSCI Global Silver Miners ETF 1.3 39 41 2.6 -5.8
PATN Pacer Nasdaq International Patent Leaders ETF 1.3 65 15 4.5 -3.9
ACWV iShares MSCI Global Min Vol Factor ETF 1.3 20 60 5.3 -3.1
VYMI Vanguard International High Dividend Yield ETF 1.3 17 63 8.1 -0.3
DTEC ALPS Disruptive Technologies ETF 1.2 50 30 3.4 -5.0
GDX VanEck Gold Miners ETF 1.2 51 29 2.2 -6.2
SOCL Global X Social Media ETF 1.2 65 15 9.2 +0.8
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 1.2 42 38 5.6 -2.9
ACWX iShares MSCI ACWI ex U.S. ETF 1.2 34 46 6.4 -2.0
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.2 18 62 6.4 -2.0
VEU Vanguard FTSE All-World ex-US Index Fund 1.2 4 76 6.8 -1.6
XT iShares Exponential Technologies ETF 1.1 46 34 4.2 -4.2
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.1 30 50 6.5 -1.9
VSGX Vanguard ESG International Stock ETF 1.1 10 70 6.6 -1.8
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.1 41 39 6.4 -2.0
VXUS Vanguard Total International Stock ETF 1.1 5 75 6.7 -1.7
IXUS iShares Core MSCI Total International Stock ETF 1.0 7 73 6.7 -1.8
GLOF iShares Global Equity Factor ETF 1.0 20 60 5.9 -2.5
CWI SPDR MSCI ACWI ex-US ETF 1.0 30 50 6.4 -2.0
GGME Invesco Next Gen Media and Gaming ETF 1.0 60 20 4.3 -4.1
KNCT Invesco Next Gen Connectivity ETF 1.0 40 40 3.9 -4.5
ROBO ROBO Global Robotics & Automation Index ETF 1.0 95 -15 2.7 -5.8
ARVR First Trust Indxx Metaverse ETF 1.0 70 10 3.5 -4.9
CGRO CoreValues Alpha Greater China Growth ETF 1.0 75 5 3.0 -5.5
HUMN Roundhill Humanoid Robotics ETF 1.0 75 5 0.9 -7.5
DRGN Themes China Generative Artificial Intelligence ETF 1.0 39 41 8.2 -0.2
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.0 61 19 1.8 -6.6
GEW Cambria Global EW ETF 1.0 29 51 5.4 -3.0
SUPL ProShares Supply Chain Logistics ETF 0.9 58 22 9.3 +0.8
KOCG FIS Knights of Columbus Global Belief ETF 0.9 75 5 4.4 -4.0
BATT Amplify Lithium & Battery Technology ETF 0.9 59 21 1.6 -6.8
IXP iShares Global Comm Services ETF 0.9 42 38 5.3 -3.1
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.8 42 38 8.4 0.0
SATO Invesco Alerian Galaxy Crypto Economy ETF 0.8 61 19 -0.6 -9.0
PBD Invesco Global Clean Energy ETF 0.8 75 5 0.6 -7.8
UMMA Wahed Dow Jones Islamic World ETF 0.8 65 15 3.8 -4.6
ERTH Invesco MSCI Sustainable Future ETF 0.8 62 18 3.1 -5.3
IXC iShares Global Energy ETF 0.8 44 36 9.0 +0.6
GOEX Global X Gold Explorers ETF 0.8 65 15 1.3 -7.1
IBUY Amplify Online Retail ETF 0.7 65 15 1.4 -7.1
ICLN iShares Global Clean Energy ETF 0.7 41 39 2.7 -5.7
EELV Invesco S&P Emerging Markets Low Volatility ETF 0.7 29 51 7.9 -0.6
SDG iShares MSCI Global Sustainable Development Goals ETF 0.6 49 31 4.8 -3.6
DSTX Distillate International Fundamental Stability & Value ETF 0.6 55 25 6.6 -1.9
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.6 46 34 8.0 -0.4
FMET Fidelity Metaverse ETF 0.6 39 41 4.3 -4.1
IGPT Invesco AI and Next Gen Software ETF 0.6 60 20 3.2 -5.2
IGF iShares Global Infrastructure ETF 0.5 41 39 4.4 -4.0
JIG JPMorgan International Growth ETF 0.5 55 25 4.0 -4.4
GII SPDR S&P Global Infrastructure ETF 0.5 40 40 4.4 -4.0
ADIV SmartETFs Asia Pacific Dividend Builder ETF 0.5 78 2 8.6 +0.2
SCHY Schwab International Dividend Equity ETF 0.5 14 66 8.7 +0.3
IXG iShares Global Financials ETF 0.5 42 38 5.9 -2.5
DGT State Street SPDR Global Dow ETF 0.5 50 30 5.9 -2.5
GSIB Themes Global Systemically Important Banks ETF 0.5 35 45 8.3 -0.1
FCLD Fidelity Cloud Computing ETF 0.5 39 41 2.9 -5.5
JETS U.S. Global Jets ETF 0.5 60 20 2.1 -6.3
SMOG VanEck Low Carbon Energy ETF 0.5 61 19 1.4 -7.0
DEW WisdomTree Global High Dividend Fund 0.5 58 22 7.5 -0.9
ACWI iShares MSCI ACWI ETF 0.4 32 48 4.7 -3.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.4 20 60 4.8 -3.6
IXN iShares Global Tech ETF 0.4 41 39 2.9 -5.5
GINN Goldman Sachs Innovate Equity ETF 0.4 52 28 3.2 -5.2
VT Vanguard Total World Stock ETF 0.4 6 74 5.1 -3.3
HAP VanEck Natural Resources ETF 0.4 50 30 7.4 -1.0
KLMT Invesco MSCI Global Climate 500 ETF 0.3 10 70 5.0 -3.4
GNR SPDR S&P Global Natural Resources ETF 0.3 40 40 8.8 +0.4
CARZ First Trust NASDAQ Global Auto Index Fund 0.3 70 10 3.2 -5.2
SHPP Pacer Industrials and Logistics ETF 0.3 60 20 7.6 -0.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.3 9 71 4.9 -3.5
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.3 45 35 1.6 -6.8
INTF iShares International Equity Factor ETF 0.3 15 65 6.5 -1.9
CGDG Capital Group Dividend Growers ETF 0.3 47 33 5.4 -3.0
RXI iShares Global Consumer Discretionary ETF 0.3 41 39 7.1 -1.3
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.3 12 68 4.4 -4.0
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.2 12 68 8.0 -0.5
JSTC Adasina Social Justice All Cap Global ETF 0.2 89 -9 4.2 -4.2
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.1 58 22 8.3 -0.1
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.0 8 72 6.4 -2.1
BKIE BNY Mellon International Equity ETF 0.0 4 76 6.0 -2.4
GSID Goldman Sachs MarketBeta International Equity ETF 0.0 20 60 5.8 -2.6

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

  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 5.4 %
Divided by: Fwd. P/BV 0.6 x
Less: Expense ratio 80 bp
Equals: ALTAR Score 8.4 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.51 CATEGORY
AVERAGE		 1.54
 
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.