First Trust Developed Markets ex-US Small Cap AlphaDEX Fund
ALTAR
Score™		 10.8% info Recommen-
dation		 SPECULATIVE
2024E    2025E
P/E
ratio		 8.3x P/Sales
ratio		 0.1x
P/BV
ratio		 0.8x Div.
yield		 3.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
First Trust Developed Markets ex-US Small Cap AlphaDEX Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the Defined Developed Markets ex-US Small Cap Index.

FUND BASICS
Category International Equities
Fund Sponsor First Trust Advisors LP
Website www.ftportfolios.com
Inception date Feb 15, 2012
Assets (mns) $8
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 No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 412
Wgt avg mkt cap (mns) $1,458
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 32.4%
Small cap (<$2bn) 67.6%
Developed mkts 85.5%
Emerging mkts 14.5%

TOP TEN HOLDINGS
US DOLLAR 10.3 %
SECURE ENERGY SERVICES INC 0.6 %
KYUNG DONG NAVIEN CO., LTD. 0.5 %
PAREX RESOURCES INC 0.5 %
MITSUI ENGINEER & SHIPBUILD 0.5 %
MORGAN SINDALL PLC 0.5 %
SWCC SHOWA HOLDINGS CO LTD 0.5 %
AKER SOLUTIONS ASA 0.5 %
NAMURA SHIPBUILDING CO LTD 0.5 %
SANKI ENGINEERING CO LTD 0.5 %
Total 15.1 %

TOP COUNTRY EXPOSURE
JAPAN 36.1 %
SOUTH KOREA 11.7 %
CANADA 9.2 %
BRITAIN 7.0 %
AUSTRALIA 3.9 %
ISRAEL 3.1 %
GERMANY 2.4 %
ITALY 2.2 %
SWEDEN 2.2 %
FRANCE 1.6 %

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.
3.9% 14.1% 5.8% 4.5% 4.9%

Market Correlations
versus... Beta R-squared
S&P500 0.89 59%
MSCI EAFE 0.99 77%
MSCI Emg. Mkts. 0.75 43%

Technical Indicators
Recent close $40.73
30d moving avg. $42.58
Annualized volatility 20.0%
Short interest (ETF) 0.1%
Relative strength (RSI) 48

Liquidity measures
Avg. volume (thou.) 5
Turnover 2.5%
Bid/Ask (% of price) 0.61%
ADV underlying (mns) $3,482

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 359 potential alternatives to the First Trust Developed Markets ex-US Small Cap AlphaDEX Fund ETF based on the alternatives' overlap in portfolio holdings with FDTS. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FDTS Expense: 80 bp ALTAR Score™: 10.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FDTS
Ticker Fund
Name		 Overlap1
vs FDTS
(%)		 Expense
ratio
(bp)		 Savings
vs FDTS
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs FDTS
(%)
AVDV Avantis International Small Cap Value ETF 21.5 36 44 8.1 -2.7
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 17.3 49 31 7.0 -3.8
DISV Dimensional International Small Cap Value ETF 17.0 42 38 9.1 -1.7
DLS WisdomTree International SmallCap Dividend Fund 15.2 58 22 8.8 -2.0
FNDC Schwab Fundamental International Small Co. Index ETF 15.2 39 41 7.2 -3.6
GWX SPDR S&P International Small Cap ETF 15.1 40 40 6.5 -4.3
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 14.8 58 22 7.8 -3.0
DFJ WisdomTree Japan SmallCap Dividend Fund 14.7 58 22 7.9 -2.9
SCJ iShares MSCI Japan Small-Cap ETF 13.8 50 30 7.0 -3.8
DFIS Dimensional International Small Cap ETF 13.0 39 41 6.9 -3.9
SCHC Schwab International Small-Cap Equity ETF 11.4 11 69 6.6 -4.2
SCZ iShares MSCI EAFE Small-Cap ETF 11.3 40 40 6.6 -4.2
ISCF iShares International SmallCap Equity Factor ETF 10.7 23 57 9.1 -1.7
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 8.4 39 41 7.4 -3.4
DFE WisdomTree Europe SmallCap Dividend Fund 8.2 58 22 10.7 -0.1
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 8.1 7 73 6.7 -4.1
IEUS iShares MSCI Europe Small-Cap ETF 8.0 42 38 6.4 -4.4
EWUS iShares MSCI United Kingdom Small Cap ETF 6.3 59 21 5.8 -5.0
FYLD Cambria Foreign Shareholder Yield ETF 5.2 59 21 13.6 +2.8
CCNR ALPS CoreCommodity Natural Resources ETF 4.9 39 41 11.0 +0.2
DFIC Dimensional International Core Equity 2 ETF 4.3 23 57 7.7 -3.1
IPKW Invesco International BuyBack Achievers ETF 4.1 55 25 11.0 +0.2
AVDE Avantis International Equity ETF 3.9 23 57 8.1 -2.8
FLKR Franklin FTSE South Korea ETF 3.9 9 71 10.6 -0.2
DXJ WisdomTree Japan Hedged Equity Fund 3.7 48 32 8.5 -2.3
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 3.5 24 56 8.7 -2.1
VIDI Vident International Equity Strategy ETF 3.5 61 19 10.2 -0.6
AVSD Avantis Responsible International Equity ETF 3.5 23 57 7.1 -3.7
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 3.3 58 22 9.2 -1.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 3.3 30 50 8.0 -2.8
DFSI Dimensional International Sustainability Core 1 ETF 3.2 24 56 6.5 -4.3
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 3.0 39 41 7.5 -3.3
ISRA VanEck Israel ETF 2.9 59 21 8.0 -2.8
VPL Vanguard FTSE Pacific ETF 2.8 8 72 7.7 -3.1
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 2.7 58 22 10.2 -0.6
EIS iShares MSCI Israel ETF 2.7 58 22 8.5 -2.3
IPAC iShares Core MSCI Pacific ETF 2.6 9 71 7.2 -3.6
JPIN J.P. Morgan Diversified Return International Equity ETF 2.6 37 43 8.9 -1.9
GOEX Global X Gold Explorers ETF 2.5 65 15 4.4 -6.4
EWY iShares MSCI South Korea ETF 2.4 58 22 9.8 -1.0
DFAI Dimensional International Core Equity Market ETF 2.3 18 62 7.3 -3.5
AVES Avantis Emerging Markets Value ETF 2.3 36 44 11.6 +0.8
CGV Conductor Global Equity Value ETF 2.2 130 -50 10.9 +0.1
NORW Global X MSCI Norway ETF 2.1 50 30 7.6 -3.2
SDIV Global X Superdividend ETF 2.1 58 22 14.9 +4.1
EEMS iShares MSCI Emerging Markets Small Cap ETF 2.0 70 10 7.7 -3.1
JPXN iShares JPX-Nikkei 400 ETF 2.0 48 32 8.7 -2.1
DTH WisdomTree International High Dividend Fund 2.0 58 22 10.1 -0.7
FPXE First Trust IPOX Europe Equity Opportunities ETF 2.0 70 10 3.5 -7.3
SGDJ Sprott Junior Gold Miners ETF 1.9 50 30 5.6 -5.2
DIM WisdomTree International MidCap Dividend Fund 1.9 58 22 7.7 -3.1
RING iShares MSCI Global Gold Miners ETF 1.8 39 41 5.6 -5.2
PICK iShares MSCI Global Metals & Mining Producers ETF 1.8 39 41 12.8 +2.0
ENOR iShares MSCI Norway ETF 1.8 53 27 7.5 -3.3
FLJH Franklin FTSE Japan Hedged ETF 1.8 9 71 7.7 -3.1
GOAU U.S. Global GO GOLD and Precious Metal Miners ETF 1.8 60 20 4.8 -6.0
DWM WisdomTree International Equity Fund 1.7 48 32 8.0 -2.9
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 1.7 88 -8 7.4 -3.4
IDEV iShares Core MSCI International Developed Markets ETF 1.7 4 76 7.1 -3.7
VEA Vanguard FTSE Developed Markets ETF 1.7 5 75 7.3 -3.5
FLJP Franklin FTSE Japan ETF 1.7 9 71 7.8 -3.0
IEFA iShares Core MSCI EAFE ETF 1.7 7 73 7.1 -3.7
INTF iShares International Equity Factor ETF 1.6 15 65 8.2 -2.6
GDX VanEck Gold Miners ETF 1.6 51 29 4.5 -6.4
SGDM Sprott Gold Miners ETF 1.6 50 30 5.4 -5.4
FID First Trust S&P International Dividend Aristocrats ETF 1.5 60 20 9.0 -1.8
WDIV SPDR S&P Global Dividend ETF 1.5 40 40 9.4 -1.4
IXUS iShares Core MSCI Total International Stock ETF 1.5 7 73 7.2 -3.6
RODE Hartford Multifactor Diversified International ETF 1.5 29 51 11.8 +1.0
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 1.4 40 40 7.9 -2.9
GDXJ VanEck Junior Gold Miners ETF 1.4 52 28 4.5 -6.3
FNDF Schwab Fundamental International Large Co. Index ETF 1.4 25 55 9.9 -1.0
SPDW SPDR Portfolio Developed World ex-US ETF 1.4 3 77 7.2 -3.6
EWN iShares MSCI Netherlands ETF 1.4 50 30 5.1 -5.7
IDV iShares International Select Dividend ETF 1.3 51 29 12.2 +1.4
AVIV Avantis International Large Cap Value ETF 1.3 25 55 9.0 -1.9
URA Global X Uranium ETF 1.3 69 11 2.4 -8.4
VSGX Vanguard ESG International Stock ETF 1.3 12 68 6.8 -4.0
ROAM Hartford Multifactor Emerging Markets ETF 1.3 44 36 15.8 +5.0
AVEM Avantis Emerging Markets Equity ETF 1.3 33 47 8.9 -1.9
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.3 56 24 13.5 +2.7
SLVP iShares MSCI Global Silver Miners ETF 1.3 39 41 3.2 -7.6
VXUS Vanguard Total International Stock ETF 1.2 7 73 7.2 -3.6
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 1.2 32 48 6.9 -4.0
BOAT SonicShares Global Shipping ETF 1.2 69 11 34.8 +24.0
PBD Invesco Global Clean Energy ETF 1.2 75 5 -5.3 -16.1
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 1.2 41 39 7.4 -3.4
EMMF WisdomTree Emerging Markets Multifactor Fund 1.2 48 32 8.8 -2.0
IQIN IQ 500 International ETF 1.2 25 55 9.2 -1.6
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 1.2 59 21 11.3 +0.5
TINT ProShares Smart Materials ETF 1.1 58 22 6.4 -4.4
IVAL Alpha Architect International Quantitative Value ETF 1.1 49 31 9.5 -1.3
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.1 10 70 7.7 -3.2
IPAV Global X Infrastructure Development ex-U.S. ETF 1.1 55 25 9.7 -1.1
EMGF iShares Emerging Markets Equity Factor ETF 1.1 25 55 8.5 -2.3
SEA U.S. Global Sea to Sky Cargo ETF 1.1 60 20 21.5 +10.7
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 1.1 50 30 13.0 +2.2
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.1 45 35 -0.6 -11.4
LVHI Franklin International Low Volatility High Dividend Index ET 1.1 40 40 10.1 -0.7
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.1 12 68 8.3 -2.5
IQDG WisdomTree International Quality Dividend Growth Fund 1.1 42 38 6.8 -4.0
NVIR Horizon Kinetics Energy and Remediation ETF 1.1 85 -5 1.5 -9.3
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 1.1 58 22 6.4 -4.4
IEUR iShares Core MSCI Europe ETF 1.0 11 69 7.1 -3.7
AUMI Themes Gold Miners ETF 1.0 35 45 10.4 -0.4
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 1.0 45 35 11.0 +0.2
RODM Hartford Multifactor Developed Markets (ex-US) ETF 1.0 29 51 8.6 -2.2
SPEU SPDR Portfolio Europe ETF 1.0 7 73 7.1 -3.7
COPA Themes Copper Miners ETF 1.0 35 45 7.3 -3.5
DFEV Dimensional Emerging Markets Value ETF 1.0 43 37 11.1 +0.3
IMOM Alpha Architect International Quantitative Momentum ETF 1.0 49 31 5.7 -5.1
DFIV Dimensional International Value ETF 0.9 27 53 10.0 -0.8
EVLU iShares MSCI Emerging Markets Value Factor ETF 0.9 35 45 12.4 +1.6
VGK Vanguard FTSE Europe ETF 0.9 11 69 7.1 -3.7
BJK VanEck Gaming ETF 0.9 65 15 1.4 -9.4
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.9 38 42 7.8 -3.0
FDEM Fidelity Emerging Markets Multifactor ETF 0.9 25 55 12.3 +1.5
EDEN iShares MSCI Denmark ETF 0.9 53 27 6.9 -3.9
RFEU First Trust Riverfront Dynamic Europe ETF 0.9 83 -3 11.1 +0.3
VEGI iShares MSCI Agriculture Producers ETF 0.9 39 41 9.2 -1.6
NANR SPDR S&P North American Natural Resources ETF 0.8 35 45 7.4 -3.4
IFGL iShares International Developed Real Estate ETF 0.8 48 32 6.9 -3.9
JSTC Adasina Social Justice All Cap Global ETF 0.8 89 -9 4.9 -5.9
OAIM OneAscent International Equity ETF 0.8 95 -15 5.1 -5.7
COPX Global X Copper Miners ETF 0.8 65 15 8.2 -2.6
CTEC Global X CleanTech ETF 0.8 50 30 2.9 -7.9
FRNW Fidelity Clean Energy ETF 0.8 39 41 2.6 -8.3
GINN Goldman Sachs Innovate Equity ETF 0.8 52 28 2.8 -8.1
AZTD Aztlan Global Stock Selection DM SMID ETF 0.8 75 5 7.8 -3.0
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.8 42 38 8.1 -2.7
BRF VanEck Brazil Small-Cap ETF 0.8 66 14 9.7 -1.1
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.7 45 35 6.5 -4.3
DEHP Dimensional Emerging Markets High Profitability ETF 0.7 41 39 5.0 -5.8
SIL Global X Silver Miners ETF 0.7 65 15 2.2 -8.7
AGMI Themes Silver Miners ETF 0.7 35 45 4.5 -6.3
DVYA iShares Asia/Pacific Dividend ETF 0.7 49 31 9.0 -1.8
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 0.7 68 12 8.2 -2.6
FLAX Franklin FTSE Asia Ex Japan ETF 0.7 19 61 6.9 -4.0
FJP First Trust Japan AlphaDEX Fund 0.7 80 0 10.3 -0.5
DIHP Dimensional International High Profitability ETF 0.7 29 51 7.6 -3.2
ODDS Pacer BlueStar Digital Entertainment ETF 0.7 60 20 2.3 -8.5
IBAT iShares Energy Storage & Materials ETF 0.7 47 33 3.1 -7.7
ICLN iShares Global Clean Energy ETF 0.7 41 39 6.0 -4.8
EYLD Cambria Emerging Shareholder Yield ETF 0.6 66 14 13.2 +2.4
DFAE Dimensional Emerging Core Equity Market ETF 0.6 35 45 7.3 -3.5
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.6 75 5 4.6 -6.3
SMOG VanEck Low Carbon Energy ETF 0.6 61 19 2.4 -8.5
ICOP iShares Copper and Metals Mining ETF 0.6 47 33 10.1 -0.7
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.6 45 35 8.9 -1.9
EWK iShares MSCI Belgium ETF 0.6 50 30 7.9 -2.9
SHPP Pacer Industrials and Logistics ETF 0.6 60 20 9.9 -0.9
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.6 33 47 8.2 -2.6
HEDJ WisdomTree Europe Hedged Equity Fund 0.6 58 22 9.5 -1.4
IGRO iShares International Dividend Growth ETF 0.6 15 65 7.5 -3.3
XC WisdomTree Emerging Markets Ex-China Fund 0.6 32 48 6.0 -4.8
SCHF Schwab International Equity ETF 0.6 6 74 7.5 -3.3
FAN First Trust Global Wind Energy ETF 0.6 60 20 5.5 -5.3
EUDG WisdomTree Europe Quality Dividend Growth Fund 0.6 58 22 6.5 -4.3
FTRI First Trust Indxx Global Natural Resources Income ETF 0.6 70 10 9.8 -1.0
ERTH Invesco MSCI Sustainable Future ETF 0.6 62 18 3.6 -7.2
IDRV iShares Self-driving EV & Tech ETF 0.6 47 33 -0.4 -11.2
JHEM John Hancock Multifactor Emerging Markets ETF 0.6 49 31 8.2 -2.6
DTAN Sparkline International Intangible Value ETF 0.6 55 25 9.2 -1.7
RAYD Rayliant Quantitative Developed Market Equity ETF 0.6 80 0 3.8 -7.0
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.5 39 41 -1.7 -12.5
GLOF iShares Global Equity Factor ETF 0.5 20 60 7.0 -3.8
DMDV AAM S&P Developed Markets High Dividend Value ETF 0.5 39 41 12.1 +1.3
GXG Global X MSCI Colombia ETF 0.5 62 18 15.8 +5.0
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.5 36 44 7.8 -3.0
WNDY Global X Wind Energy ETF 0.5 50 30 6.1 -4.7
GQRE FlexShares Global Quality Real Estate Index Fund 0.5 45 35 5.9 -4.9
FILL iShares MSCI Global Energy Producers ETF 0.5 39 41 9.6 -1.2
ERET iShares Environmentally Aware Real Estate ETF 0.5 30 50 6.5 -4.4
BKEM BNY Mellon Emerging Markets Equity ETF 0.5 11 69 8.4 -2.4
DEM WisdomTree Emerging Markets High Dividend Fund 0.5 63 17 18.9 +8.1
LUXX Roundhill S&P Global Luxury ETF 0.5 45 35 2.9 -7.9
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.5 45 35 5.7 -5.1
FIXT Procure Disaster Recovery Strategy ETF 0.5 75 5 5.8 -5.0
RFDI First Trust Riverfront Dynamic Developed International ETF 0.5 83 -3 10.0 -0.8
VYMI Vanguard International High Dividend Yield ETF 0.5 22 58 9.8 -1.0
IEMG iShares Core MSCI Emerging Markets ETF 0.5 9 71 7.5 -3.4
FLHK Franklin FTSE Hong Kong ETF 0.5 9 71 6.8 -4.0
IQRA IQ CBRE Real Assets ETF 0.5 65 15 5.2 -5.6
ETEC iShares Breakthrough Environmental Solutions ETF 0.5 47 33 8.0 -2.8
CLNR IQ Cleaner Transport ETF 0.5 45 35 6.8 -4.0
GGME Invesco Next Gen Media and Gaming ETF 0.5 60 20 3.5 -7.3
VEU Vanguard FTSE All-World ex-US Index Fund 0.5 8 72 7.3 -3.6
GII SPDR S&P Global Infrastructure ETF 0.4 40 40 4.3 -6.5
IGF iShares Global Infrastructure ETF 0.4 41 39 4.3 -6.5
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.4 30 50 8.1 -2.7
CUT Invesco MSCI Global Timber ETF 0.4 61 19 8.4 -2.4
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 0.4 18 62 6.8 -4.0
VT Vanguard Total World Stock ETF 0.4 7 73 5.5 -5.3
NLR VanEck Uranium+Nuclear Energy ETF 0.4 61 19 2.9 -7.9
URAN Themes Uranium & Nuclear ETF 0.4 35 45 1.9 -8.9
EELV Invesco S&P Emerging Markets Low Volatility ETF 0.4 29 51 8.7 -2.1
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.4 15 65 10.2 -0.6
AGNG Global X Aging Population ETF 0.4 50 30 4.2 -6.6
EEMD AAM S&P Emerging Markets High Dividend Value ETF 0.4 49 31 16.1 +5.3
OCEN IQ Clean Oceans ETF 0.4 45 35 6.1 -4.7
CRUZ Defiance Hotel Airline and Cruise ETF 0.4 45 35 -4.6 -15.4
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.4 15 65 7.2 -3.6
CRAK VanEck Oil Refiners ETF 0.4 61 19 14.7 +3.9
GREK Global X MSCI Greece ETF 0.4 57 23 -4.0 -14.8
JETS U.S. Global Jets ETF 0.4 60 20 -13.3 -24.1
EFRA iShares Environmental Infrastructure and Industrials ETF 0.4 47 33 4.9 -5.9
BATT Amplify Lithium & Battery Technology ETF 0.4 59 21 -0.1 -10.9
BOTZ Global X Robotics & Artificial Intelligence ETF 0.4 69 11 2.4 -8.4
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.4 20 60 6.8 -4.0
AIVI WisdomTree International AI Enhanced Value Fund 0.4 58 22 8.5 -2.3
OZEM Roundhill GLP-1 & Weight Loss ETF 0.4 59 21 -0.8 -11.6
RNRG Global X Renewable Energy Producers ETF 0.4 66 14 5.5 -5.3
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.3 85 -5 8.6 -2.2
EMXC iShares MSCI Emerging Markets ex China ETF 0.3 25 55 6.7 -4.1
BTEK Future Tech ETF 0.3 88 -8 2.3 -8.5
ESPO VanEck Video Gaming and eSports ETF 0.3 56 24 3.5 -7.3
HERO Global X Video Games & Esports ETF 0.3 50 30 4.4 -6.4
NERD Roundhill Video Games ETF 0.3 50 30 7.1 -3.7
OND ProShares On-Demand ETF 0.3 58 22 -2.2 -13.0
ARVR First Trust Indxx Metaverse ETF 0.3 70 10 0.8 -10.0
FMET Fidelity Metaverse ETF 0.3 39 41 5.4 -5.4
IVRS iShares Future Metaverse Tech and Communications ETF 0.3 47 33 -4.9 -15.7
FDCF Fidelity Disruptive Communications ETF 0.3 50 30 2.6 -8.2
IMFL Invesco International Developed Dynamic Multifactor ETF 0.3 34 46 5.9 -4.9
SILJ ETFMG Prime Junior Silver Miners ETF 0.3 69 11 1.5 -9.3
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.3 66 14 10.0 -0.8
ROBO ROBO Global Robotics & Automation Index ETF 0.3 95 -15 3.5 -7.3
BETZ Roundhill Sports Betting & iGaming ETF 0.3 75 5 1.6 -9.2
BNGE First Trust S-Network Streaming and Gaming ETF 0.3 70 10 -3.5 -14.3
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 0.3 95 -15 10.5 -0.3
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.3 32 48 6.2 -4.6
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.3 18 62 7.0 -3.8
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.3 65 15 12.8 +2.0
VIGI Vanguard International Dividend Appreciation ETF 0.3 15 65 6.4 -4.4
NUEM Nuveen ESG Emerging Markets Equity ETF 0.3 36 44 6.5 -4.3
DRIV Global X Autonomous & Electric Vehicles ETF 0.3 68 12 4.8 -6.0
EEMA iShares MSCI Emerging Markets Asia ETF 0.3 49 31 6.5 -4.3
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 0.3 25 55 6.6 -4.2
LDEM iShares ESG MSCI EM Leaders ETF 0.3 17 63 7.6 -3.2
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 0.3 55 25 2.9 -7.9
FTAG First Trust Indxx Global Agriculture ETF 0.3 70 10 9.7 -1.1
BNE Blue Horizon BNE ETF 0.3 87 -7 4.6 -6.2
RAYS Global X Solar ETF 0.3 51 29 6.9 -3.9
TAN Invesco Solar ETF 0.3 67 13 10.4 -0.4
JHID John Hancock International High Dividend ETF 0.3 46 34 11.3 +0.5
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.3 70 10 6.2 -4.7
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 0.3 75 5 7.9 -2.9
EBLU Ecofin Global Water ESG Fund 0.3 40 40 4.9 -5.9
REET iShares Global REIT ETF 0.3 14 66 6.2 -4.6
IQSI IQ Candriam International Equity ETF 0.3 15 65 6.6 -4.2
KNO AXS Knowledge Leaders ETF 0.3 78 2 4.9 -5.9
THNR Amplify Weight Loss Drug & Treatment ETF 0.3 59 21 5.2 -5.6
BLDG Cambria Global Real Estate ETF 0.3 60 20 14.3 +3.5
GSID Goldman Sachs MarketBeta International Equity ETF 0.3 20 60 7.0 -3.8
EEM iShares MSCI Emerging Markets ETF 0.2 69 11 6.9 -3.9
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.2 47 33 5.5 -5.4
AVRE Avantis Real Estate ETF 0.2 17 63 5.9 -4.9
FINE Themes European Luxury ETF 0.2 35 45 -2.3 -13.1
SETM Sprott Energy Transition Materials ETF 0.2 65 15 6.0 -4.9
COPJ Sprott Junior Copper Miners ETF 0.2 75 5 17.2 +6.4
BBJP JPMorgan BetaBuilders Japan ETF 0.2 19 61 7.8 -3.0
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.2 47 33 9.4 -1.4
BKIE BNY Mellon International Equity ETF 0.2 4 76 7.1 -3.7
SCHY Schwab International Dividend Equity ETF 0.2 14 66 9.3 -1.5
IWTR iShares MSCI Water Management Multisector ETF 0.2 47 33 5.0 -5.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 71 5.4 -5.5
WOOD iShares Global Timber & Forestry ETF 0.2 42 38 9.8 -1.0
FINX Global X FinTech ETF 0.2 68 12 2.6 -8.2
EMXF iShares ESG Advanced MSCI EM ETF 0.2 16 64 6.8 -4.0
HFXI IQ FTSE International Equity Currency Neutral ETF 0.2 20 60 7.1 -3.7
IDHQ Invesco S&P International Developed High Quality ETF 0.2 29 51 6.5 -4.3
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.2 58 22 4.6 -6.2
TINY ProShares Nanotechnology ETF 0.2 58 22 1.9 -8.9
HTEC ROBO Global Healthcare Technology and Innovation ETF 0.2 68 12 -0.1 -10.9
EMM Global X Emerging Markets ex-China ETF 0.2 75 5 4.2 -6.6
EMC Global X Emerging Markets Great Consumer ETF 0.2 75 5 4.5 -6.3
ZIG Acquirers Fund 0.2 84 -4 13.1 +2.3
OCTA Octane All-Cap Value Energy ETF 0.2 30 50 12.7 +1.9
GVAL Cambria Global Value ETF 0.2 68 12 13.1 +2.3
GMET VanEck Green Metals ETF 0.2 63 17 10.7 -0.1
RWX SPDR Dow Jones International Real Estate ETF 0.2 59 21 7.4 -3.4
DFGR Dimensional Global Real Estate ETF 0.2 22 58 6.2 -4.6
EQLT iShares MSCI Emerging Markets Quality Factor ETF 0.2 35 45 7.4 -3.4
LNGG Roundhill Alerian LNG ETF 0.2 65 15 9.1 -1.7
DMAT Global X Disruptive Materials ETF 0.2 59 21 10.5 -0.3
GVLU Gotham 1000 Value ETF 0.2 50 30 7.4 -3.4
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.2 68 12 2.1 -8.7
GFOF Grayscale Future of Finance ETF 0.2 70 10 -0.7 -11.5
ITEQ BlueStar Israel Technology ETF 0.2 75 5 1.2 -9.6
AFK VanEck Africa Index ETF 0.2 98 -18 9.1 -1.7
FDWM Fidelity Women's Leadership ETF 0.2 59 21 4.7 -6.1
NBCC Neuberger Berman Next Generation Connected Consumer ETF 0.2 56 24 1.1 -9.7
ECNS iShares MSCI China Small-Cap ETF 0.2 59 21 14.2 +3.4
DEW WisdomTree Global High Dividend Fund 0.2 58 22 8.5 -2.3
EBIZ Global X E-Commerce ETF 0.1 50 30 2.1 -8.7
IBUY Amplify Online Retail ETF 0.1 65 15 1.4 -9.5
EV Mast Global Battery Recycling & Production ETF 0.1 65 15 12.2 +1.4
FBCG Fidelity Blue Chip Growth ETF 0.1 59 21 2.8 -8.0
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 0.1 44 36 10.6 -0.2
VGSR Vert Global Sustainable Real Estate ETF 0.1 47 33 5.6 -5.2
HELX Franklin Genomic Advancements ETF 0.1 50 30 0.4 -10.5
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.1 41 39 7.4 -3.4
GXC SPDR S&P China ETF 0.1 59 21 8.3 -2.5
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.1 30 50 7.3 -3.5
RWO SPDR Dow Jones Global Real Estate ETF 0.1 50 30 6.1 -4.7
IDX VanEck Indonesia Index ETF 0.1 57 23 8.8 -2.1
BINV Brandes International ETF 0.1 70 10 8.5 -2.3
XCEM Columbia EM Core ex-China ETF 0.1 16 64 7.7 -3.1
EPU iShares MSCI Peru and Global Exposure ETF 0.1 59 21 5.5 -5.3
FLAU Franklin FTSE Australia ETF 0.1 9 71 5.4 -5.4
OBOR KraneShares MSCI One Belt One Road Index ETF 0.1 79 1 10.3 -0.5
PEX ProShares Global Listed Private Equity ETF 0.1 81 -1 11.7 +0.9
PSP Invesco Global Listed Private Equity ETF 0.1 106 -26 7.7 -3.1
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 15 8.2 -2.7
AHOY Newday Ocean Health ETF 0.1 75 5 6.2 -4.6
HYDR Global X Hydrogen ETF 0.1 50 30 -15.6 -26.4
WISE Themes Generative Artificial Intelligence ETF 0.1 35 45 0.5 -10.3
ACWX iShares MSCI ACWI ex U.S. ETF 0.1 34 46 7.0 -3.9
IDMO Invesco S&P International Developed Momentum ETF 0.1 25 55 5.9 -4.9
CARZ First Trust NASDAQ Global Auto Index Fund 0.1 70 10 3.8 -7.0
MJ ETFMG Alternative Harvest 0.1 75 5 -42.4 -53.2
DIVI Franklin International Core Dividend Tilt Index ETF 0.1 9 71 8.1 -2.7
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.1 24 56 9.2 -1.6
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.1 65 15 0.2 -10.6
SHLD Global X Defense Tech ETF 0.1 50 30 4.6 -6.2
NATO Themes Transatlantic Defense ETF 0.1 35 45 3.2 -7.6
BLES Inspire Global Hope ETF 0.1 61 19 6.4 -4.4
FDD First Trust Stoxx European Select Dividend Index Fund 0.1 58 22 13.6 +2.8
SOCL Global X Social Media ETF 0.1 65 15 -6.4 -17.2
WDNA WisdomTree BioRevolution Fund 0.1 45 35 -3.8 -14.6
WWJD Inspire International ETF 0.1 80 0 7.3 -3.5
FLEU Franklin FTSE Eurozone ETF 0.1 9 71 7.3 -3.5
EFNL iShares MSCI Finland ETF 0.1 56 24 8.0 -2.8
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 60 5.2 -5.7
MOO VanEck Agribusiness ETF 0.1 53 27 9.7 -1.1
PTEC Global X PropTech ETF 0.1 50 30 1.6 -9.2
ESGE iShares ESG Aware MSCI EM ETF 0.1 25 55 7.1 -3.7
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 0.1 40 40 8.3 -2.5
ROOF IQ CBRE NextGen Real Estate ETF 0.1 60 20 8.1 -2.7
ESGG FlexShares STOXX Global ESG Select Index Fund 0.1 42 38 5.1 -5.7
EXI iShares Global Industrials ETF 0.1 42 38 4.5 -6.3
JHMD John Hancock Multifactor Developed International ETF 0.1 39 41 7.8 -3.0
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.0 39 41 12.5 +1.7
GMF SPDR S&P Emerging Asia Pacific ETF 0.0 49 31 6.1 -4.7
FLCH Franklin FTSE China ETF 0.0 19 61 8.8 -2.0
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.0 25 55 5.6 -5.2
CWI SPDR MSCI ACWI ex-US ETF 0.0 30 50 6.9 -3.9
SCHE Schwab Emerging Markets Equity ETF 0.0 11 69 7.1 -3.7
XCNY SPDR S&P Emerging Markets ex-China ETF 0.0 15 65 6.3 -4.5
VWO Vanguard FTSE Emerging Markets ETF 0.0 8 72 6.9 -3.9
RSSL Global X Russell 2000 ETF 0.0 8 72 2.6 -8.2
ACWI iShares MSCI ACWI ETF 0.0 32 48 5.3 -5.5
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.0 35 45 6.6 -4.2
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 59 3.8 -7.0
PAWZ ProShares Pet Care ETF 0.0 50 30 3.8 -7.1
FENI Fidelity Enhanced International ETF 0.0 28 52 8.1 -2.8
SPEM SPDR Portfolio Emerging Markets ETF 0.0 7 73 7.3 -3.5
BBEU JPMorgan BetaBuilders Europe ETF 0.0 9 71 7.1 -3.7
UEVM VictoryShares Emerging Markets Value Momentum ETF 0.0 45 35 12.3 +1.5

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 Developed Markets ex-US Small Cap 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 8.9 %
Divided by: Fwd. P/BV 0.8 x
Less: Expense ratio 80 bp
Equals: ALTAR Score 10.8 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.56 CATEGORY
AVERAGE		 1.60
 
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.