First Trust Dow Jones International Internet ETF
ALTAR
Score™		 2.8% info Recommen-
dation		 AVOID
2023E    2024E
P/E
ratio		 31.4x P/Sales
ratio		 3.6x
P/BV
ratio		 3.2x Div.
yield		 0.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The First Trust Dow Jones International Internet ETF tracks a market-cap-weighted index of the 20 largest internet services companies and 20 largest internet commerce companies outside of the United States.

FUND BASICS
Category International Equities
Fund Sponsor First Trust
Website www.ftportfolios.com
Inception date Nov 06, 2018
Assets (mns) $32
Currency USD
Expense ratio 65 bp
Distributions

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 42
Wgt avg mkt cap (mns) $106,481
Large cap (>$10bn) 73.2%
Mid cap ($2-10bn) 9.7%
Small cap (<$2bn) 0.0%
Developed mkts 50.4%
Emerging mkts 49.6%

TOP TEN HOLDINGS
TENCENT HOLDINGS LTD 11.3 %
ALIBABA GROUP HOLDING LTD. 10.2 %
PROSUS N.V. CLASS N 10.0 %
SHOPIFY, INC. CLASS A 6.1 %
JD.COM, INC. CLASS A 5.5 %
ADYEN NV 5.3 %
BAIDU, INC. CLASS A 5.0 %
PINDUODUO, INC. SPONSORED ADR CLAS 4.5 %
NASPERS LTD-N SHS 4.5 %
NETEASE, INC 3.7 %
Total 66.2 %

TOP COUNTRY EXPOSURE
CHINA 43.5 %
NETHERLANDS 16.2 %
CANADA 6.8 %
SOUTH KOREA 6.6 %
SOUTH AFRICA 4.5 %
JAPAN 4.2 %
SINGAPORE 3.4 %
IRELAND 3.0 %
BRITAIN 2.8 %
AUSTRALIA 2.6 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
1.8% -19.7% -- -- 4.0%

Market Correlations
versus... Beta R-squared
S&P500 0.74 21%
MSCI EAFE 0.88 28%
MSCI Emg. Mkts. 1.18 59%

Technical Indicators
Recent close $23.63
30d moving avg. $22.92
Annualized volatility 34.0%
Short interest (ETF) 1.5%
Relative strength (RSI) 45

Liquidity measures
Avg. volume (thou.) 12
Turnover 0.9%
Bid/Ask (% of price) 3.38%
ADV underlying (mns) $5,928

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 441 potential alternatives to the First Trust Dow Jones International Internet ETF ETF based on the alternatives' overlap in portfolio holdings with FDNI. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FDNI Expense: 65 bp ALTAR Score™: 2.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FDNI
Ticker Fund
Name		 Overlap1
vs FDNI
(%)		 Expense
ratio
(bp)		 Savings
vs FDNI
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs FDNI
(%)
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 59.4 86 -21 2.4 -0.4
KWEB KraneShares CSI China Internet ETF 40.4 69 -4 -0.4 -3.2
KEMQ Kraneshares Emerging Markets Consumer Technology Index ETF 38.5 59 6 2.1 -0.7
FXI iShares China Large-Cap ETF 34.6 74 -9 14.6 +11.8
KTEC KraneShares Hang Seng TECH Index ETF 33.4 68 -3 -1.2 -4.1
MCHI iShares MSCI China ETF 28.2 57 8 10.8 +8.0
FLCH Franklin FTSE China ETF 27.4 19 46 11.0 +8.2
AIA iShares Asia 50 ETF 26.3 50 15 9.6 +6.7
KESG KraneShares MSCI China ESG Leaders Index ETF 25.8 59 6 12.5 +9.7
MINV Matthews Asia Innovators Active ETF 25.8 79 -14 -0.6 -3.5
GXC SPDR S&P China ETF 25.8 59 6 10.1 +7.3
EWEB Global X Emerging Markets Internet & E-commerce ETF 25.0 65 0 5.6 +2.8
TCHI iShares MSCI China Multisector Tech ETF 24.1 59 6 4.0 +1.2
CQQQ Invesco China Technology ETF 22.5 70 -5 -5.4 -8.3
MCH Matthews China Active ETF 21.8 79 -14 10.3 +7.4
SOCL Global X Social Media ETF 20.9 65 0 -0.7 -3.5
CXSE WisdomTree China ex-State-Owned Enterprises Fund 20.9 32 33 6.8 +3.9
CHIQ Global X MSCI China Consumer ETF 19.6 65 0 4.5 +1.7
KALL KraneShares MSCI All China Index ETF 19.5 48 17 11.5 +8.7
BKF iShares MSCI BRIC ETF 19.2 70 -5 9.2 +6.4
CHIC Global X MSCI China Communication Services ETF 18.9 65 0 -3.3 -6.1
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 18.5 20 45 8.6 +5.8
CN Xtrackers MSCI All China Equity ETF 18.4 50 15 11.4 +8.5
ISHP First Trust S-Network E-Commerce ETF 18.1 60 5 4.5 +1.7
KEJI Global X China Innovation ETF 16.8 75 -10 3.5 +0.7
ODDS Pacer BlueStar Digital Entertainment ETF 16.1 60 5 6.0 +3.2
BYOB SoFi Be Your Own Boss ETF 15.0 59 6 -3.2 -6.1
LDEM iShares ESG MSCI EM Leaders ETF 14.5 16 49 9.3 +6.5
FPXI First Trust International Equity Opportunities ETF 14.4 70 -5 -0.6 -3.4
EWN iShares MSCI Netherlands ETF 14.0 50 15 5.4 +2.6
EEMA iShares MSCI Emerging Markets Asia ETF 13.9 50 15 8.2 +5.3
ESPO VanEck Video Gaming & eSports ETF 13.5 55 10 7.2 +4.3
BKEM BNY Mellon Emerging Markets Equity ETF 12.9 11 54 9.2 +6.4
AAXJ iShares MSCI All Country Asia ex Japan ETF 12.9 69 -4 7.7 +4.9
IXP iShares Global Comm Services ETF 12.9 40 25 8.0 +5.1
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 12.7 30 35 8.7 +5.9
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 12.7 86 -21 1.8 -1.1
ESGE iShares ESG Aware MSCI EM ETF 12.5 25 40 8.9 +6.0
DINT Davis Select International ETF 12.4 64 1 8.0 +5.2
GMF SPDR S&P Emerging Asia Pacific ETF 12.3 49 16 7.9 +5.1
OGIG O'Shares Global Internet Giants ETF 11.9 48 17 0.5 -2.3
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 11.6 66 -1 8.3 +5.5
PBEE Invesco PureBeta FTSE Emerging Markets ETF 11.6 16 49 8.8 +5.9
EEM iShares MSCI Emerging Markets ETF 11.5 68 -3 8.3 +5.5
FLAX Franklin FTSE Asia Ex Japan ETF 11.4 19 46 8.5 +5.7
SCHE Schwab Emerging Markets Equity ETF 11.4 11 54 8.7 +5.9
ARKF ARK Fintech Innovation ETF 11.2 75 -10 -2.3 -5.1
NUEM Nuveen ESG Emerging Markets Equity ETF 11.0 35 30 8.2 +5.4
EMXF iShares ESG Advanced MSCI EM ETF 10.9 16 49 9.6 +6.8
IBUY Amplify Online Retail ETF 10.8 65 0 -4.6 -7.5
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 10.7 32 33 7.1 +4.3
BNGE First Trust S-Network Streaming and Gaming ETF 10.5 70 -5 0.7 -2.1
EMGF iShares MSCI Emerging Markets Multifactor ETF 10.5 45 20 12.9 +10.1
UMMA Wahed Dow Jones Islamic World ETF 10.5 65 0 5.3 +2.5
SPEM SPDR Portfolio Emerging Markets ETF 10.2 11 54 8.7 +5.8
ECON Columbia Emerging Markets Consumer ETF 10.2 49 16 4.5 +1.7
VWO Vanguard FTSE Emerging Markets ETF 10.2 8 57 8.8 +6.0
IEMG iShares Core MSCI Emerging Markets ETF 10.0 9 56 8.7 +5.9
JEMA JPMorgan Emerging Markets Equity Core ETF 9.9 39 26 8.0 +5.2
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 9.5 15 50 9.3 +6.5
MTVR Fount Metaverse ETF 9.3 70 -5 6.6 +3.8
FMET Fidelity Metaverse ETF 9.0 39 26 5.7 +2.9
PXH Invesco FTSE RAFI Emerging Markets ETF 8.8 50 15 13.6 +10.8
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 8.8 45 20 9.9 +7.1
OND ProShares On-Demand ETF 8.7 58 7 -5.5 -8.3
FPXE First Trust IPOX Europe Equity Opportunities ETF 8.6 70 -5 6.2 +3.3
ONLN ProShares Online Retail ETF 8.4 58 7 -11.3 -14.2
VR Global X Metaverse ETF 8.4 50 15 6.7 +3.8
GBUY Goldman Sachs Future Consumer Equity ETF 8.3 75 -10 3.2 +0.4
IWFH iShares Virtual Work and Life Multisector ETF 8.0 47 18 -1.3 -4.1
METV Roundhill Ball Metaverse ETF 7.9 59 6 4.8 +2.0
DFAE Dimensional Emerging Core Equity Market ETF 7.9 35 30 9.4 +6.5
GENY Principal Millennials Index ETF 7.7 45 20 6.7 +3.9
BUYZ Franklin Disruptive Commerce ETF 7.6 50 15 2.6 -0.3
DWLD Davis Select Worldwide ETF 7.6 62 3 9.2 +6.4
RXI iShares Global Consumer Discretionary ETF 7.6 40 25 6.7 +3.8
BICK First Trust BICK Index Fund 7.5 64 1 6.8 +4.0
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 7.5 32 33 9.5 +6.6
BWEB Bitwise Web3 ETF 7.5 85 -20 2.6 -0.2
EBIZ Global X E-Commerce ETF 7.3 50 15 0.8 -2.0
GTEK Goldman Sachs Future Tech Leaders Equity ETF 7.1 75 -10 4.2 +1.4
DEHP Dimensional Emerging Markets High Profitability ETF 7.0 41 24 9.3 +6.5
MEM Matthews Emerging Markets Equity Active ETF 7.0 79 -14 6.8 +3.9
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 6.9 36 29 8.6 +5.8
EMFQ Amplify Emerging Markets FinTech ETF 6.8 69 -4 6.3 +3.5
SUBS Fount Subscription Economy ETF 6.7 70 -5 5.4 +2.5
MRAD SmartETFs Advertising & Marketing Technology ETF 6.6 68 -3 5.2 +2.4
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 6.6 39 26 13.9 +11.1
ANEW ProShares MSCI Transformational Changes ETF 6.6 45 20 6.0 +3.2
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 6.5 59 6 11.8 +8.9
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 6.3 47 18 -0.9 -3.7
FINX Global X FinTech Thematic ETF 6.2 68 -3 5.2 +2.4
ARKW ARK Web x.0 ETF 6.1 83 -18 -4.8 -7.7
SPRX Spear Alpha ETF 6.1 75 -10 2.0 -0.8
DSTX Distillate International Fundamental Stability & Value ETF 6.0 55 10 8.6 +5.7
BTEK BlackRock Future Tech ETF 6.0 88 -23 0.8 -2.1
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 5.9 40 25 8.9 +6.1
REMG SPDR Bloomberg SASB Emerging Markets ESG Select ETF 5.9 16 49 9.9 +7.0
JIG JPMorgan International Growth ETF 5.8 55 10 5.2 +2.4
ARKK ARK Innovation ETF 5.6 75 -10 -7.8 -10.6
DFEM Dimensional Emerging Markets Core Equity 2 ETF 5.6 39 26 10.1 +7.3
PNQI Invesco NASDAQ Internet ETF 5.5 60 5 3.4 +0.6
GLCN VanEck China Growth Leaders ETF 5.5 60 5 12.2 +9.3
MOTI VanEck Morningstar International Moat ETF 5.4 57 8 9.1 +6.3
JHEM John Hancock Multifactor Emerging Markets ETF 5.4 49 16 9.5 +6.7
VIGI Vanguard International Dividend Appreciation ETF 5.4 15 50 6.6 +3.8
KOIN Innovation Shares NextGen Protocol ETF 5.2 75 -10 7.6 +4.8
XNTK SPDR NYSE Technology ETF 5.0 35 30 5.3 +2.5
CGXU Capital Group International Focus Equity ETF 5.0 54 11 4.3 +1.4
ACWX iShares MSCI ACWI ex U.S. ETF 4.9 32 33 8.1 +5.3
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 4.8 61 4 9.3 +6.5
IPAY ETFMG Prime Mobile Payments ETF 4.8 75 -10 8.2 +5.4
FLKR Franklin FTSE South Korea ETF 4.8 9 56 9.6 +6.8
EWY iShares MSCI South Korea ETF 4.8 57 8 8.8 +5.9
CWI SPDR MSCI ACWI ex-US ETF 4.7 30 35 8.1 +5.2
INNO Harbor Disruptive Innovation ETF 4.6 75 -10 -3.6 -6.5
PGJ Invesco Golden Dragon China ETF 4.5 70 -5 4.5 +1.7
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 4.5 42 23 6.6 +3.8
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 4.5 41 24 8.2 +5.4
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 4.5 95 -30 16.8 +13.9
EZA iShares MSCI South Africa ETF 4.5 57 8 10.5 +7.7
FLZA Franklin FTSE South Africa ETF 4.5 19 46 9.8 +7.0
WUGI AXS Esoterica NextG Economy ETF 4.4 75 -10 3.6 +0.8
VEU Vanguard FTSE All-World ex-US Index Fund 4.4 7 58 8.3 +5.4
GFGF Guru Favorite Stocks ETF 4.4 65 0 7.1 +4.3
WRND IQ Global Equity R&D Leaders ETF 4.4 18 47 8.5 +5.6
KPOP KPOP and Korean Entertainment ETF 4.3 75 -10 -1.4 -4.2
MILN Global X Millennial Consumer ETF 4.3 50 15 3.5 +0.7
IXUS ishares Core MSCI Total International Stock ETF 4.3 7 58 8.0 +5.2
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 4.3 18 47 8.5 +5.6
ARVR First Trust Indxx Metaverse ETF 4.1 70 -5 4.7 +1.9
FEZ SPDR EURO STOXX 50 ETF 4.0 29 36 13.6 +10.7
VXUS Vanguard Total International Stock ETF 4.0 7 58 8.1 +5.3
FPAG FPA Global Equity ETF 3.9 49 16 6.8 +4.0
AIQ Global X Future Analytics Tech ETF 3.9 68 -3 5.3 +2.4
BJK VanEck Gaming ETF 3.9 62 3 1.4 -1.4
AVEM Avantis Emerging Markets Equity ETF 3.8 33 32 10.6 +7.8
AOTG AOT Growth and Innovation ETF 3.8 75 -10 3.7 +0.9
IDHQ Invesco S&P International Developed Quality ETF 3.8 29 36 8.3 +5.4
GAMR ETFMG Video Game Tech ETF 3.7 75 -10 7.0 +4.2
ERSX ERShares NextGen Entrepreneurs ETF 3.6 75 -10 6.8 +4.0
EWC iShares MSCI Canada ETF 3.5 50 15 8.7 +5.9
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 3.5 68 -3 0.6 -2.2
FLCA Franklin FTSE Canada ETF 3.4 9 56 9.5 +6.7
EFG iShares MSCI EAFE Growth ETF 3.4 35 30 5.2 +2.4
EWS iShares MSCI Singapore ETF 3.4 50 15 5.3 +2.5
LOUP Innovator Loup Frontier Tech ETF 3.3 70 -5 2.1 -0.7
KLDW Gavekal Knowledge Leaders Developed World ETF 3.2 75 -10 5.3 +2.4
FDEV Fidelity Targeted International Factor ETF 3.2 39 26 7.9 +5.1
RESE WisdomTree Emerging Markets ESG Fund 3.2 32 33 8.9 +6.1
BBCA JPMorgan BetaBuilders Canada ETF 3.1 19 46 8.9 +6.1
MVPS Amplify Thematic All-Stars ETF 3.1 49 16 2.1 -0.7
ADRE Invesco BLDRS Emerging Markets 50 ADR Index Fund 3.1 29 36 7.5 +4.6
KOCG FIS Knights of Columbus Global Belief ETF 3.0 75 -10 8.0 +5.2
EPP iShares MSCI Pacific ex-Japan ETF 3.0 47 18 6.3 +3.4
AFK VanEck Africa Index ETF 3.0 77 -12 11.6 +8.7
EIRL iShares MSCI Ireland Capped ETF 3.0 50 15 6.3 +3.4
EZU iShares MSCI Eurozone ETF 2.8 50 15 7.4 +4.6
VSGX Vanguard ESG International Stock ETF 2.8 12 53 7.8 +5.0
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 2.7 50 15 3.7 +0.9
ROAM Hartford Multifactor Emerging Markets ETF 2.7 44 21 13.3 +10.5
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 2.6 23 42 7.6 +4.7
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 2.6 30 35 10.0 +7.2
IPOS Renaissance International IPO ETF 2.6 80 -15 -35.9 -38.7
ISZE iShares Edge MSCI Intl Size Factor ETF 2.6 30 35 7.4 +4.6
MRND IQ U.S. Mid Cap R&D Leaders ETF 2.5 16 49 0.2 -2.7
XC WisdomTree Emerging Markets Ex-China Fund 2.5 32 33 7.7 +4.8
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 2.4 35 30 7.8 +4.9
XCEM Columbia EM Core ex-China ETF 2.4 16 49 8.2 +5.4
RAYE Rayliant Quantamental Emerging Market Equity ETF 2.4 80 -15 14.7 +11.9
FLAU Franklin FTSE Australia ETF 2.3 9 56 7.0 +4.2
MOTG VanEck Morningstar Global Wide Moat ETF 2.3 52 13 7.1 +4.3
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 2.2 56 9 6.0 +3.2
XITK SPDR FactSet Innovative Technology ETF 2.2 45 20 0.2 -2.6
PLAT WisdomTree Modern Tech Platforms Fund 2.2 20 45 1.2 -1.6
EWA iShares MSCI Australia ETF 2.2 50 15 6.5 +3.7
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 2.1 51 14 10.8 +8.0
IEV iShares Europe ETF 2.1 58 7 7.4 +4.5
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 2.1 47 18 7.5 +4.7
SPDW SPDR Portfolio Developed World ex-US ETF 2.1 4 61 7.6 +4.8
TRFM AAM Transformers ETF 2.0 49 16 2.0 -0.8
EQUL IQ Engender Equality ETF 2.0 45 20 7.8 +4.9
TIME Clockwise Capital Innovation ETF 2.0 95 -30 3.4 +0.6
AADR AdvisorShares Dorsey Wright ADR ETF 2.0 110 -45 8.7 +5.8
FRDM Freedom 100 Emerging Markets ETF 2.0 49 16 9.4 +6.6
IQLT iShares Edge MSCI Intl Quality Factor ETF 2.0 30 35 8.2 +5.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 2.0 20 45 7.5 +4.7
DTEC ALPS Disruptive Technologies ETF 2.0 50 15 4.5 +1.7
BBEU JPMorgan BetaBuilders Europe ETF 2.0 9 56 8.0 +5.2
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.0 47 18 11.6 +8.8
DMXF iShares ESG Advanced MSCI EAFE ETF 2.0 12 53 6.6 +3.8
SFYF SoFi 50 ETF 2.0 29 36 -7.9 -10.8
ACWI iShares MSCI ACWI ETF 1.9 32 33 7.2 +4.3
RNDM First Trust Developed International Equity Select ETF 1.9 65 0 7.1 +4.2
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 1.8 20 45 7.4 +4.5
EMXC iShares MSCI Emerging Markets ex China ETF 1.8 25 40 7.8 +5.0
XT iShares Exponential Technologies ETF 1.8 46 19 3.8 +0.9
CBSE Changebridge Capital Sustainable Equity ETF 1.8 85 -20 2.2 -0.7
IPO Renaissance IPO ETF 1.8 60 5 -49.6 -52.5
GSID Goldman Sachs MarketBeta International Equity ETF 1.8 20 45 7.9 +5.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.7 12 53 6.7 +3.9
IDEV iShares Core MSCI International Developed Markets ETF 1.7 4 61 7.8 +5.0
EFA iShares MSCI EAFE ETF 1.7 32 33 7.7 +4.8
VT Vanguard Total World Stock ETF 1.7 7 58 7.3 +4.4
ESGD iShares MSCI EAFE ESG Optimized ETF 1.7 20 45 7.5 +4.6
HERO Global X Video Games & Esports ETF 1.7 50 15 10.4 +7.5
NERD Roundhill BITKRAFT Esports & Digital Entertainment ETF 1.7 50 15 19.5 +16.7
NUDM Nuveen ESG International Developed Markets Equity ETF 1.7 30 35 8.6 +5.8
SCHF Schwab International Equity ETF 1.6 6 59 8.2 +5.4
HFXI IQ 50 Percent Hedged FTSE International ETF 1.6 20 45 8.1 +5.3
DGT SPDR Global Dow ETF 1.6 50 15 8.4 +5.5
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.6 60 5 2.9 +0.1
IPAC iShares Core MSCI Pacific ETF 1.6 9 56 7.6 +4.7
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 1.6 20 45 7.2 +4.4
TPIF Timothy Plan International ETF 1.6 62 3 7.4 +4.6
WWJD Inspire International ESG ETF 1.6 69 -4 7.6 +4.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.6 9 56 7.0 +4.2
VEA Vanguard FTSE Developed Markets ETF 1.6 5 60 8.0 +5.2
IEFA iShares Core MSCI EAFE ETF 1.6 7 58 7.7 +4.9
SPEU SPDR Portfolio Europe ETF 1.5 9 56 7.6 +4.8
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 1.5 35 30 7.8 +5.0
IEUR iShares Core MSCI Europe ETF 1.5 9 56 7.7 +4.9
DFEV Dimensional Emerging Markets Value ETF 1.5 43 22 13.9 +11.1
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 1.5 7 58 8.0 +5.2
DFNL Davis Select Financial ETF 1.5 62 3 9.9 +7.1
DBGR Xtrackers MSCI Germany Hedged Equity ETF 1.5 45 20 8.3 +5.4
FLGR Franklin FTSE Germany ETF 1.5 9 56 8.8 +5.9
EWG iShares MSCI Germany ETF 1.5 50 15 8.1 +5.2
VPL Vanguard FTSE Pacific ETF 1.5 8 57 7.9 +5.1
HAPY Harbor Corporate Culture Leaders ETF 1.5 36 29 4.9 +2.1
FLEH Franklin FTSE Europe Hedged ETF 1.4 9 56 8.2 +5.3
QINT American Century Quality Diversified International ETF 1.4 39 26 9.6 +6.7
FLEE Franklin FTSE Europe ETF 1.4 9 56 8.0 +5.1
VGK Vanguard FTSE Europe ETF 1.4 8 57 7.8 +5.0
TTAI TrimTabs All Cap International Free-Cash-Flow ETF 1.4 61 4 9.3 +6.4
EMMF WisdomTree Emerging Markets Multifactor Fund 1.4 48 17 13.5 +10.7
CIL VictoryShares International Volatility Weighted Index ETF 1.4 45 20 7.9 +5.1
ENTR Entrepreneur 30 Fund 1.4 49 16 2.6 -0.3
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 1.4 14 51 7.3 +4.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.4 31 34 8.9 +6.1
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 1.4 25 40 8.2 +5.4
NTZG Nuveen Global Net Zero Transition ETF 1.3 55 10 6.1 +3.3
DBEU Xtrackers MSCI Europe Hedged Equity ETF 1.3 46 19 7.7 +4.9
CGGO Capital Group Global Growth Equity ETF 1.3 47 18 4.9 +2.1
FNDC Schwab Fundamental International Small Co. Index ETF 1.3 39 26 7.2 +4.4
STXE Strive Emerging Markets Ex-China ETF 1.3 32 33 7.7 +4.9
DBJP Xtrackers MSCI Japan Hedged Equity ETF 1.2 46 19 8.5 +5.7
BKIE BNY Mellon International Equity ETF 1.2 4 61 8.4 +5.6
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.2 65 0 2.4 -0.5
FIVA Fidelity International Value Factor ETF 1.2 39 26 11.3 +8.4
IQDF FlexShares International Quality Dividend Index Fund 1.2 47 18 11.9 +9.1
EWJ iShares MSCI Japan ETF 1.2 50 15 8.2 +5.3
HAUZ Xtrackers International Real Estate ETF 1.2 10 55 9.3 +6.4
IQDG WisdomTree International Quality Dividend Growth Fund 1.2 42 23 5.9 +3.1
DUSA Davis Select U.S. Equity ETF 1.2 61 4 10.3 +7.5
DFAI Dimensional International Core Equity Market ETF 1.2 18 47 7.9 +5.0
GSIE Goldman Sachs ActiveBeta International Equity ETF 1.2 25 40 8.9 +6.1
BKIS BNY Mellon Sustainable International Equity ETF 1.1 70 -5 5.6 +2.8
FEUZ First Trust Eurozone AlphaDEX ETF 1.1 80 -15 8.9 +6.1
JPXN iShares JPX-Nikkei 400 ETF 1.1 48 17 8.9 +6.1
JPIN JPMorgan Diversified Return International Equity ETF 1.1 37 28 9.5 +6.7
RDMX SPDR Bloomberg SASB Developed Markets EX US ESG Select ETF 1.1 12 53 7.6 +4.7
JHMD John Hancock Multifactor Developed International ETF 1.1 39 26 8.6 +5.7
EWUS iShares MSCI United Kingdom Small Cap ETF 1.1 59 6 7.9 +5.0
JIRE JPMorgan International Research Enhanced Equity ETF 1.1 24 41 7.8 +5.0
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 1.0 58 7 5.9 +3.0
BBJP JPMorgan BetaBuilders Japan ETF 1.0 19 46 8.3 +5.5
IQSI IQ Candriam ESG International Equity ETF 1.0 15 50 7.8 +5.0
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 1.0 39 26 8.6 +5.7
LRGE ClearBridge Large Cap Growth ESG ETF 1.0 59 6 4.2 +1.4
JIDA JPMorgan ActiveBuilders International Equity ETF 1.0 25 40 7.6 +4.8
FCA First Trust China AlphaDEX Fund 1.0 80 -15 19.3 +16.5
EDOC Global X Telemedicine & Digital Health ETF 1.0 68 -3 -6.0 -8.8
FDHT Fidelity Digital Health ETF 1.0 39 26 0.2 -2.6
HTEC ROBO Global Healthcare Technology & Innovation ETF 1.0 68 -3 0.0 -2.8
KMED KraneShares Emerging Markets Healthcare Index ETF 1.0 81 -16 3.1 +0.3
FEP First Trust Europe AlphaDEX Fund 1.0 80 -15 9.8 +7.0
FLJH Franklin FTSE Japan Hedged ETF 1.0 9 56 8.6 +5.8
BBAX JPMorgan BetaBuilders Developed Asia ex-Japan ETF 1.0 19 46 6.8 +3.9
BETZ Roundhill Sports Betting & iGaming ETF 1.0 75 -10 0.9 -1.9
IBET iBET Sports Betting and Gaming ETF 1.0 79 -14 2.3 -0.5
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.0 65 0 9.0 +6.1
QEFA SPDR MSCI EAFE Quality Mix ETF 0.9 30 35 7.8 +4.9
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 0.9 25 40 9.0 +6.1
FLJP Franklin FTSE Japan ETF 0.9 9 56 8.3 +5.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.9 49 16 6.2 +3.4
AVDE Avantis International Equity ETF 0.9 23 42 9.3 +6.5
RSX VanEck Russia ETF 0.9 70 -5 0.0 -2.8
HAIL SPDR S&P Kensho Smart Mobility ETF 0.9 45 20 -5.4 -8.2
QQQN VictoryShares Nasdaq Next 50 ETF 0.9 18 47 6.8 +4.0
SATO Invesco Alerian Galaxy Crypto Economy ETF 0.9 60 5 -26.0 -28.9
BLOK Amplify Transformational Data Sharing ETF 0.9 71 -6 3.2 +0.4
IBLC iShares Blockchain and Tech ETF 0.9 47 18 -29.5 -32.3
OCEN IQ Clean Oceans ETF 0.9 45 20 6.8 +4.0
FLGB Franklin FTSE United Kingdom ETF 0.9 9 56 9.3 +6.4
FBCG Fidelity Blue Chip Growth ETF 0.9 59 6 2.9 +0.1
IQDE FlexShares International Quality Dividend Defensive Index ET 0.8 47 18 10.7 +7.9
BLES Inspire Global Hope Large Cap ETF 0.8 49 16 7.2 +4.4
IMTM iShares Edge MSCI Intl Momentum Factor ETF 0.8 30 35 8.5 +5.6
RFDI First Trust Riverfront Dynamic Developed International ETF 0.8 83 -18 12.3 +9.4
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 0.8 57 8 5.4 +2.6
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.8 35 30 5.6 +2.8
INTF iShares Edge MSCI Multifactor Intl ETF 0.8 15 50 9.1 +6.3
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 0.8 25 40 8.2 +5.3
IQM Franklin Intelligent Machines ETF 0.7 50 15 4.1 +1.3
AMID Argent Mid Cap ETF 0.7 52 13 10.7 +7.9
ACWF iShares MSCI Global Multifactor ETF 0.7 35 30 9.8 +7.0
IEUS iShares MSCI Europe Small-Cap ETF 0.7 40 25 6.3 +3.4
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 0.7 80 -15 9.1 +6.3
FDEM Fidelity Emerging Markets Multifactor ETF 0.7 45 20 13.7 +10.9
EWU iShares MSCI United Kingdom ETF 0.7 50 15 8.9 +6.1
JSTC Adasina Social Justice All Cap Global ETF 0.7 89 -24 6.7 +3.9
DAX Global X DAX Germany ETF 0.7 20 45 8.1 +5.3
DIHP Dimensional International High Profitability ETF 0.7 29 36 9.0 +6.1
AZTD Aztlan Global Stock Selection DM SMID ETF 0.7 75 -10 7.2 +4.4
DFIC Dimensional International Core Equity 2 ETF 0.7 23 42 8.4 +5.5
IWP iShares Russell Mid-Cap Growth ETF 0.6 23 42 5.6 +2.8
EUDG WisdomTree Europe Quality Dividend Growth Fund 0.6 58 7 6.5 +3.6
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.6 39 26 9.0 +6.2
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 0.6 69 -4 10.3 +7.5
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.6 65 0 16.8 +14.0
DIM WisdomTree International MidCap Dividend Fund 0.6 58 7 9.8 +6.9
URTH iShares MSCI World ETF 0.6 24 41 7.1 +4.2
WCLD WisdomTree Cloud Computing Fund 0.6 45 20 -0.1 -3.0
ITEQ BlueStar Israel Technology ETF 0.6 75 -10 2.5 -0.4
EIS iShares MSCI Israel ETF 0.6 57 8 11.1 +8.3
IZRL ARK Israel Innovative Technology ETF 0.6 49 16 -0.5 -3.3
FXL First Trust Technology AlphaDEX Fund 0.6 61 4 7.5 +4.6
SKYY First Trust Cloud Computing ETF 0.6 60 5 3.7 +0.9
ISRA VanEck Israel ETF 0.6 59 6 9.0 +6.2
SENT AdvisorShares Alpha DNA Equity Sentiment ETF 0.6 108 -43 4.0 +1.2
CLOU Global X Cloud Computing ETF 0.6 68 -3 2.3 -0.5
IXG iShares Global Financials ETF 0.6 40 25 10.4 +7.6
PXUS Principal International Adaptive Multi-Factor ETF 0.6 24 41 7.7 +4.8
SCZ iShares MSCI EAFE Small-Cap ETF 0.6 39 26 6.5 +3.6
IXN iShares Global Tech ETF 0.6 40 25 5.9 +3.0
KOMP SPDR Kensho New Economies Composite ETF 0.6 20 45 -1.3 -4.1
TOK iShares MSCI Kokusai ETF 0.6 25 40 7.0 +4.1
CACG ClearBridge All Cap Growth ETF 0.6 53 12 4.4 +1.6
ISCF iShares Edge MSCI Multifactor Intl Small-Cap ETF 0.5 40 25 10.6 +7.8
IPKW Invesco International BuyBack Achievers ETF 0.5 55 10 11.6 +8.8
VMAT V-Shares MSCI World ESG Materiality and Carbon Transition ET 0.5 39 26 6.8 +4.0
SCHC Schwab International Small-Cap Equity ETF 0.5 11 54 6.6 +3.7
LRND IQ U.S. Large Cap R&D Leaders ETF 0.5 14 51 6.8 +4.0
IDRV iShares Self-driving EV & Tech ETF 0.4 47 18 1.0 -1.9
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.4 45 20 9.2 +6.4
IMCV iShares Morningstar Mid-Cap Value ETF 0.4 6 59 9.5 +6.7
TECB iShares US Tech Breakthrough Multisector ETF 0.4 40 25 5.4 +2.6
IQIN IQ 500 International ETF 0.4 25 40 8.7 +5.9
IDMO Invesco S&P International Developed Momentum ETF 0.4 25 40 9.5 +6.6
FKU First Trust United Kingdom AlphaDEX Fund 0.4 80 -15 10.1 +7.2
STCE Schwab Crypto Thematic ETF 0.4 30 35 -3.9 -6.7
IDV iShares International Select Dividend ETF 0.4 49 16 16.3 +13.5
WDIV SPDR Global Dividend ETF 0.4 40 25 11.8 +9.0
BIDS Amplify Digital & Online Trading ETF 0.4 59 6 8.4 +5.6
FDD First Trust Stoxx European Select Dividend Index Fund 0.4 58 7 14.4 +11.6
FID First Trust S&P International Dividend Aristocrats ETF 0.4 60 5 11.5 +8.6
AVDV Avantis International Small Cap Value ETF 0.4 36 29 10.3 +7.4
KOKU Xtrackers MSCI Kokusai Equity ETF 0.4 9 56 7.2 +4.4
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 0.4 24 41 8.9 +6.1
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.4 7 58 6.9 +4.1
IYC iShares U.S. Consumer Services ETF 0.4 39 26 4.4 +1.5
ESGN Columbia Sustainable International Equity Income ETF 0.4 45 20 9.0 +6.1
AVIV Avantis International Large Cap Value ETF 0.4 25 40 10.3 +7.5
QQQ Invesco QQQ Trust 0.3 20 45 5.9 +3.0
QQQM Invesco NASDAQ 100 ETF 0.3 15 50 6.2 +3.4
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 0.3 30 35 10.9 +8.1
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 0.3 45 20 7.9 +5.1
ESGG FlexShares STOXX Global ESG Impact Index Fund 0.3 42 23 7.1 +4.3
CARZ First Trust NASDAQ Global Auto Index Fund 0.3 70 -5 6.6 +3.8
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 0.3 58 7 9.5 +6.6
IGRO iShares International Dividend Growth ETF 0.3 15 50 9.4 +6.5
RVRB Reverb ETF 0.3 30 35 6.7 +3.9
FNDA Schwab Fundamental U.S. Small Co. Index ETF 0.3 25 40 7.4 +4.6
IWR iShares Russell Midcap ETF 0.3 18 47 6.9 +4.1
FDT First Trust Developed Markets ex-US Alphadex Fund 0.2 80 -15 11.3 +8.5
ISEM Invesco RAFI Strategic Emerging Markets ETF 0.2 35 30 13.6 +10.8
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 0.2 21 44 4.7 +1.9
IEDI iShares Evolved U.S. Discretionary Spending ETF 0.2 18 47 6.4 +3.6
QQMG Invesco ESG NASDAQ 100 ETF 0.2 20 45 6.3 +3.5
IMCB iShares Morningstar Mid-Cap ETF 0.2 4 61 7.4 +4.6
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.2 4 61 7.4 +4.6
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.2 40 25 9.6 +6.8
QWLD SPDR MSCI World StrategicFactors ETF 0.2 30 35 7.6 +4.8
UIVM VictoryShares USAA MSCI International Value Momentum ETF 0.2 35 30 10.3 +7.5
DWM WisdomTree International Equity Fund 0.2 48 17 9.4 +6.6
IXJ iShares Global Healthcare ETF 0.2 40 25 8.2 +5.4
JMOM JPMorgan U.S. Momentum Factor ETF 0.2 12 53 7.5 +4.6
DXJ WisdomTree Japan Hedged Equity Fund 0.2 48 17 12.1 +9.3
RODM Hartford Multifactor Developed Markets (ex-US) ETF 0.2 29 36 10.1 +7.3
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 56 6.5 +3.7
FNDF Schwab Fundamental International Large Co. Index ETF 0.1 25 40 9.6 +6.8
EWJV iShares MSCI Japan Value ETF 0.1 15 50 10.1 +7.2
IMFL Invesco International Developed Dynamic Multifactor ETF 0.1 34 31 11.2 +8.4
EQAL Invesco Russell 1000 Equal Weight ETF 0.1 20 45 7.2 +4.4
VFMO Vanguard U.S. Momentum Factor ETF 0.1 13 52 4.4 +1.6
VONG Vanguard Russell 1000 Growth Index Fund 0.1 8 57 6.3 +3.4
IWF iShares Russell 1000 Growth ETF 0.1 18 47 6.1 +3.3
DFIV Dimensional International Value ETF 0.1 30 35 10.0 +7.1
DFIS Dimensional International Small Cap ETF 0.1 39 26 6.4 +3.6
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.1 14 51 6.6 +3.7
DOL WisdomTree International LargeCap Dividend Fund 0.1 48 17 9.6 +6.8
SMMD iShares Russell 2500 ETF 0.1 15 50 6.8 +4.0
XOUT GraniteShares XOUT U.S. Large Cap ETF 0.1 60 5 6.2 +3.4
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.1 15 50 6.4 +3.6
ILCV iShares Morningstar Value ETF 0.1 4 61 8.4 +5.5
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.1 7 58 6.7 +3.8
STRV Strive 500 ETF 0.1 5 60 6.6 +3.8
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 11 54 6.7 +3.8
IYW iShares U.S. Technology ETF 0.1 39 26 6.1 +3.3
VONE Vanguard Russell 1000 ETF 0.1 8 57 6.7 +3.8
IWB iShares Russell 1000 ETF 0.1 15 50 6.6 +3.8
STXG Strive 1000 Growth ETF 0.1 18 47 5.8 +2.9
VTHR Vanguard Russell 3000 Index Fund 0.1 10 55 6.5 +3.7
IWV iShares Russell 3000 ETF 0.1 20 45 6.4 +3.6
IQSU IQ Candriam ESG US Equity ETF 0.1 9 56 6.3 +3.5
IETC iShares Evolved U.S. Technology ETF 0.1 18 47 6.0 +3.1
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 55 7.0 +4.1
DFAU Dimensional US Core Equity Market ETF 0.0 12 53 6.9 +4.1
LRGF iShares Edge MSCI Multifactor USA ETF 0.0 8 57 7.9 +5.1
VYMI Vanguard International High Dividend Yield ETF 0.0 22 43 11.3 +8.5
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.0 19 46 7.9 +5.0
VOTE Engine No. 1 Transform 500 ETF 0.0 5 60 6.5 +3.7
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.0 2 63 6.7 +3.9
ILCB iShares Morningstar U.S. Equity ETF 0.0 3 62 6.8 +3.9
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.0 39 26 5.8 +3.0
WKLY SoFi Weekly Dividend ETF 0.0 49 16 9.4 +6.6
BPAY BlackRock Future Financial and Technology ETF 0.0 70 -5 11.9 +9.1
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 0.0 25 40 7.4 +4.6
JHMM John Hancock Multifactor Mid Cap ETF 0.0 41 24 8.3 +5.5
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 26 8.3 +5.4
DFUS Dimensional U.S. Equity ETF 0.0 11 54 6.7 +3.9
HLAL Wahed FTSE USA Shariah ETF 0.0 50 15 6.4 +3.6
EFV iShares MSCI EAFE Value ETF 0.0 35 30 10.3 +7.4
ONEO SPDR Russell 1000 Momentum Focus ETF 0.0 20 45 9.3 +6.5
JHML John Hancock Multifactor Large Cap ETF 0.0 29 36 7.1 +4.3
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 19 46 7.5 +4.7
IWS iShares Russell Mid-Cap Value ETF 0.0 23 42 7.9 +5.1
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.0 25 40 8.2 +5.4
VONV Vanguard Russell 1000 Value Index Fund 0.0 8 57 8.1 +5.3
IWD iShares Russell 1000 Value ETF 0.0 18 47 8.0 +5.2

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

  2018 2019 2020 2021 2022 2023E 2024E
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
  2022 2023E 2024E
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 Dow Jones International Internet 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 10.3 %
Divided by: Fwd. P/BV 3.0 x
Less: Expense ratio 65 bp
Equals: ALTAR Score 2.8 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.33 CATEGORY
AVERAGE		 1.53
 
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.