First Trust Emerging Markets AlphaDEX Fund
ALTAR
Score™		 16.5% info Recommen-
dation		 SPECULATIVE
2024E    2025E
P/E
ratio		 7.3x P/Sales
ratio		 0.6x
P/BV
ratio		 0.9x Div.
yield		 4.6%


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

FUND BASICS
Category Emerging Market Equities
Fund Sponsor First Trust Advisors LP
Website www.ftportfolios.com
Inception date Apr 18, 2011
Assets (mns) $433
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 172
Wgt avg mkt cap (mns) $14,463
Large cap (>$10bn) 40.8%
Mid cap ($2-10bn) 58.5%
Small cap (<$2bn) 0.2%
Developed mkts 7.2%
Emerging mkts 92.8%

TOP TEN HOLDINGS
YTL POWER INTERNATIONAL BHD 1.8 %
YTL CORPORATION BERHAD 1.6 %
EVERGREEN MARINE 1.4 %
AKBANK T.A.S. 1.4 %
YAPI VE KREDI BANKASI 1.3 %
COCA-COLA ICECEK AS 1.3 %
INNER MONGOLIA YITAI COAL-B 1.3 %
WIWYNN CORP. 1.3 %
POWER FINANCE CORPORATION 1.3 %
TIANQI LITHIUM CORPORATION (CLASS 1.3 %
Total 14.0 %

TOP COUNTRY EXPOSURE
CHINA 16.0 %
TURKEY 15.9 %
TAIWAN 11.2 %
INDIA 8.7 %
BRAZIL 8.1 %
HONG KONG 6.3 %
MEXICO 5.4 %
POLAND 4.7 %
CHILE 4.3 %
MALAYSIA 3.5 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
3.8% 16.5% 3.2% 3.5% 1.3%

Market Correlations
versus... Beta R-squared
S&P500 0.65 40%
MSCI EAFE 0.90 71%
MSCI Emg. Mkts. 0.93 80%

Technical Indicators
Recent close $22.91
30d moving avg. $21.11
Annualized volatility 18.4%
Short interest (ETF) 0.6%
Relative strength (RSI) 66

Liquidity measures
Avg. volume (thou.) 51
Turnover 0.3%
Bid/Ask (% of price) 0.20%
ADV underlying (mns) $6,817

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 301 potential alternatives to the First Trust Emerging Markets AlphaDEX Fund ETF based on the alternatives' overlap in portfolio holdings with FEM. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FEM Expense: 80 bp ALTAR Score™: 16.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FEM
Ticker Fund
Name		 Overlap1
vs FEM
(%)		 Expense
ratio
(bp)		 Savings
vs FEM
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs FEM
(%)
UEVM VictoryShares Emerging Markets Value Momentum ETF 31.0 45 35 12.9 -3.6
ROAM Hartford Multifactor Emerging Markets ETF 22.8 44 36 11.9 -4.6
EEMO Invesco S&P Emerging Markets Momentum ETF 22.6 29 51 6.3 -10.2
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 19.4 39 41 12.9 -3.7
EMMF WisdomTree Emerging Markets Multifactor Fund 18.7 48 32 9.5 -7.1
ECOW Pacer Emerging Markets Cash Cows 100 ETF 18.6 70 10 11.4 -5.1
FLN First Trust Latin America AlphaDEX Fund 18.3 80 0 11.1 -5.4
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 17.8 50 30 10.7 -5.8
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 17.8 44 36 10.4 -6.1
PXH Invesco FTSE RAFI Emerging Markets ETF 17.4 49 31 12.8 -3.8
FCA First Trust China AlphaDEX Fund 17.0 80 0 17.7 +1.2
FDEM Fidelity Emerging Markets Multifactor ETF 16.9 25 55 12.3 -4.3
SDEM Global X MSCI SuperDividend Emerging Markets ETF 16.2 67 13 17.3 +0.8
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 16.1 32 48 7.7 -8.8
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 14.5 90 -10 6.8 -9.7
TUR iShares MSCI Turkey ETF 14.5 58 22 19.0 +2.5
AVES Avantis Emerging Markets Value ETF 14.2 36 44 12.3 -4.2
DVYE iShares Emerging Markets Dividend ETF 13.9 49 31 16.7 +0.2
JHEM John Hancock Multifactor Emerging Markets ETF 13.4 49 31 8.5 -8.0
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 13.2 45 35 8.7 -7.8
RNEM First Trust Emerging Markets Equity Select ETF 13.1 75 5 8.4 -8.1
EMGF iShares Emerging Markets Equity Factor ETF 13.1 25 55 8.8 -7.7
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 13.0 95 -15 11.6 -4.9
DFEV Dimensional Emerging Markets Value ETF 13.0 43 37 11.2 -5.4
EYLD Cambria Emerging Shareholder Yield ETF 12.6 66 14 12.2 -4.3
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 12.6 24 56 7.2 -9.4
FLLA Franklin FTSE Latin America ETF 12.2 19 61 11.9 -4.7
DEHP Dimensional Emerging Markets High Profitability ETF 12.1 41 39 7.4 -9.1
DEM WisdomTree Emerging Markets High Dividend Fund 11.5 63 17 13.0 -3.5
SCHE Schwab Emerging Markets Equity ETF 11.4 11 69 7.7 -8.8
AVEM Avantis Emerging Markets Equity ETF 11.4 33 47 9.3 -7.2
XCEM Columbia EM Core ex-China ETF 11.1 16 64 7.4 -9.1
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 11.0 66 14 7.4 -9.1
BKEM BNY Mellon Emerging Markets Equity ETF 10.7 11 69 7.9 -8.7
EMXC iShares MSCI Emerging Markets ex China ETF 10.6 25 55 6.7 -9.8
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 10.6 36 44 7.6 -8.9
STXE Strive Emerging Markets Ex-China ETF 10.6 32 48 6.9 -9.6
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 10.5 18 62 8.0 -8.5
VWO Vanguard FTSE Emerging Markets ETF 10.2 8 72 7.7 -8.8
VIDI Vident International Equity Strategy ETF 10.1 61 19 12.1 -4.4
DFAE Dimensional Emerging Core Equity Market ETF 9.8 35 45 7.9 -8.6
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 9.7 30 50 8.7 -7.8
IQDE FlexShares International Quality Dividend Defensive Index ET 9.5 47 33 10.9 -5.6
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 9.4 88 -8 6.2 -10.3
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 9.4 30 50 7.7 -8.9
RODE Hartford Multifactor Diversified International ETF 9.4 29 51 11.7 -4.8
SPEM SPDR Portfolio Emerging Markets ETF 9.3 7 73 7.6 -8.9
EEM iShares MSCI Emerging Markets ETF 9.3 69 11 7.1 -9.4
DFEM Dimensional Emerging Markets Core Equity 2 ETF 9.1 38 42 8.4 -8.1
IQDY FlexShares International Quality Dividend Dynamic Index Fund 8.9 47 33 10.4 -6.1
IEMG iShares Core MSCI Emerging Markets ETF 8.7 9 71 7.7 -8.8
EEMD AAM S&P Emerging Markets High Dividend Value ETF 8.6 49 31 19.2 +2.7
LDEM iShares ESG MSCI EM Leaders ETF 8.6 17 63 8.0 -8.5
IQDF FlexShares International Quality Dividend Index Fund 8.6 47 33 10.9 -5.7
XC WisdomTree Emerging Markets Ex-China Fund 8.5 32 48 6.2 -10.3
GVAL Cambria Global Value ETF 8.4 68 12 12.7 -3.8
EWT iShares MSCI Taiwan ETF 8.3 58 22 5.7 -10.8
FBZ First Trust Brazil AlphaDEX Fund 8.1 80 0 12.0 -4.6
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 8.1 59 21 9.8 -6.8
BKF iShares MSCI BIC ETF 8.1 69 11 7.4 -9.1
EMDM First Trust Bloomberg Emerging Market Democracies ETF 8.0 75 5 9.7 -6.8
EEMA iShares MSCI Emerging Markets Asia ETF 8.0 49 31 6.9 -9.7
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 7.9 20 60 7.7 -8.9
GMF SPDR S&P Emerging Asia Pacific ETF 7.9 49 31 6.5 -10.0
FLTW Franklin FTSE Taiwan ETF 7.9 19 61 5.9 -10.6
EDIV SPDR S&P Emerging Markets Dividend ETF 7.8 49 31 11.1 -5.4
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 7.8 32 48 6.4 -10.1
EMXF iShares ESG Advanced MSCI EM ETF 7.6 16 64 7.6 -8.9
FLAX Franklin FTSE Asia Ex Japan ETF 7.5 19 61 7.4 -9.2
MCHI iShares MSCI China ETF 7.5 59 21 9.5 -7.0
AAXJ iShares MSCI All Country Asia ex Japan ETF 7.4 70 10 6.5 -10.0
FLCH Franklin FTSE China ETF 7.2 19 61 10.1 -6.4
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 7.1 41 39 8.0 -8.6
ESGE iShares ESG Aware MSCI EM ETF 7.0 25 55 7.8 -8.7
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 6.9 33 47 7.3 -9.2
EDOG ALPS Emerging Sector Dividend Dogs ETF 6.9 60 20 14.8 -1.7
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 6.7 15 65 7.2 -9.3
GXC SPDR S&P China ETF 6.7 59 21 9.5 -7.0
EELV Invesco S&P Emerging Markets Low Volatility ETF 6.6 29 51 8.4 -8.1
EWZ iShares MSCI Brazil ETF 6.3 58 22 12.1 -4.4
FLBR Franklin FTSE Brazil ETF 6.3 19 61 12.6 -3.9
OBOR KraneShares MSCI One Belt One Road Index ETF 6.3 79 1 10.3 -6.2
FLIN Franklin FTSE India ETF 6.0 19 61 5.3 -11.2
INDA iShares MSCI India ETF 5.9 65 15 3.8 -12.8
PIN Invesco India ETF 5.8 78 2 3.8 -12.7
NUEM Nuveen ESG Emerging Markets Equity ETF 5.8 36 44 7.0 -9.6
FRDM Freedom 100 Emerging Markets ETF 5.7 49 31 7.4 -9.1
KALL KraneShares MSCI All China Index ETF 5.5 49 31 9.8 -6.8
CN Xtrackers MSCI All China Equity ETF 5.3 50 30 10.8 -5.8
FLMX Franklin FTSE Mexico ETF 5.2 19 61 10.9 -5.6
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 5.2 60 20 10.1 -6.4
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 5.0 20 60 10.9 -5.6
WWJD Inspire International ETF 4.9 80 0 7.2 -9.3
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 4.9 25 55 7.1 -9.4
FXI iShares China Large-Cap ETF 4.8 74 6 10.3 -6.2
VYMI Vanguard International High Dividend Yield ETF 4.8 22 58 9.9 -6.6
EPOL iShares MSCI Poland ETF 4.7 59 21 10.9 -5.6
SDIV Global X Superdividend ETF 4.7 58 22 18.1 +1.6
EMM Global X Emerging Markets ex-China ETF 4.5 75 5 3.7 -12.8
EPI WisdomTree India Earnings Fund 4.3 85 -5 6.8 -9.7
ECH iShares MSCI Chile ETF 4.3 58 22 10.9 -5.6
EWW iShares MSCI Mexico ETF 4.2 50 30 9.8 -6.7
SUPL ProShares Supply Chain Logistics ETF 4.0 58 22 13.1 -3.4
FILL iShares MSCI Global Energy Producers ETF 3.8 39 41 9.2 -7.3
MINV Matthews Asia Innovators Active ETF 3.7 79 1 2.9 -13.6
NFTY First Trust India NIFTY 50 Equal Weight ETF 3.6 80 0 6.3 -10.2
ILF iShares Latin America 40 ETF 3.6 48 32 10.4 -6.1
ACWV iShares MSCI Global Min Vol Factor ETF 3.5 20 60 6.8 -9.7
AIA iShares Asia 50 ETF 3.5 50 30 7.1 -9.4
EWM iShares MSCI Malaysia ETF 3.5 50 30 5.8 -10.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 3.5 30 50 7.9 -8.7
INDY iShares India 50 ETF 3.4 89 -9 3.8 -12.7
NDIA Global X India Active ETF 3.4 75 5 6.6 -9.9
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 3.4 40 40 7.3 -9.3
EMC Global X Emerging Markets Great Consumer ETF 3.4 75 5 5.0 -11.5
BTEK Future Tech ETF 3.3 88 -8 2.1 -14.5
CRAK VanEck Oil Refiners ETF 3.2 61 19 13.2 -3.4
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 3.2 41 39 6.8 -9.8
ACWX iShares MSCI ACWI ex U.S. ETF 3.2 34 46 6.8 -9.7
DEW WisdomTree Global High Dividend Fund 3.2 58 22 9.3 -7.2
CGV Conductor Global Equity Value ETF 3.1 130 -50 11.5 -5.1
IDX VanEck Indonesia Index ETF 3.1 57 23 8.0 -8.5
EIDO iShares MSCI Indonesia ETF 3.1 59 21 7.6 -8.9
GLOF iShares Global Equity Factor ETF 3.1 20 60 7.1 -9.4
VEU Vanguard FTSE All-World ex-US Index Fund 3.0 8 72 7.3 -9.2
CHAT Roundhill Generative AI & Technology ETF 3.0 75 5 4.2 -12.4
VXUS Vanguard Total International Stock ETF 2.9 7 73 7.2 -9.3
IXUS iShares Core MSCI Total International Stock ETF 2.8 7 73 7.0 -9.5
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 2.8 46 34 9.0 -7.5
WOOD iShares Global Timber & Forestry ETF 2.7 42 38 9.7 -6.8
EZA iShares MSCI South Africa ETF 2.6 58 22 11.6 -4.9
CUT Invesco MSCI Global Timber ETF 2.6 61 19 8.6 -7.9
BLES Inspire Global Hope ETF 2.5 61 19 6.4 -10.1
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 2.5 68 12 9.1 -7.4
CWI SPDR MSCI ACWI ex-US ETF 2.5 30 50 6.9 -9.6
DSTX Distillate International Fundamental Stability & Value ETF 2.4 55 25 8.1 -8.4
AFK VanEck Africa Index ETF 2.4 98 -18 9.9 -6.6
EMIF iShares Emerging Markets Infrastructure ETF 2.4 60 20 4.8 -11.7
INDF Nifty India Financials ETF 2.4 75 5 6.1 -10.4
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 2.4 42 38 6.8 -9.7
VSGX Vanguard ESG International Stock ETF 2.4 12 68 6.9 -9.6
MCH Matthews China Active ETF 2.3 79 1 6.5 -10.1
ECON Columbia Emerging Markets Consumer ETF 2.3 49 31 4.9 -11.6
FTRI First Trust Indxx Global Natural Resources Income ETF 2.2 70 10 10.8 -5.7
IDAT iShares Future Cloud 5G and Tech ETF 2.2 47 33 4.6 -11.9
JCHI JPMorgan Active China ETF 2.1 65 15 8.3 -8.2
SEA U.S. Global Sea to Sky Cargo ETF 2.1 60 20 24.6 +8.1
BOAT SonicShares Global Shipping ETF 2.1 69 11 30.4 +13.9
CLNR IQ Cleaner Transport ETF 1.9 45 35 8.3 -8.2
CXSE WisdomTree China ex-State-Owned Enterprises Fund 1.9 32 48 6.0 -10.5
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 1.9 85 -5 8.0 -8.6
TCHI iShares MSCI China Multisector Tech ETF 1.9 59 21 3.2 -13.4
NXTG First Trust Indxx NextG ETF 1.7 70 10 6.1 -10.5
XT iShares Exponential Technologies ETF 1.6 46 34 3.9 -12.7
SDG iShares MSCI Global Sustainable Development Goals ETF 1.6 49 31 5.9 -10.6
WRND IQ Global Equity R&D Leaders ETF 1.6 18 62 7.2 -9.3
DGT SPDR Global Dow ETF 1.5 50 30 6.8 -9.7
QTUM Defiance Quantum ETF 1.4 40 40 3.9 -12.6
ION ProShares S&P Global Core Battery Metals ETF 1.4 58 22 11.4 -5.1
KTEC KraneShares Hang Seng TECH Index ETF 1.4 69 11 -4.2 -20.7
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 1.3 46 34 5.8 -10.7
BRAZ Global X Brazil Active ETF 1.3 75 5 10.4 -6.1
IDOG ALPS International Sector Dividend Dogs ETF 1.2 50 30 11.8 -4.7
FDD First Trust Stoxx European Select Dividend Index Fund 1.2 58 22 13.2 -3.3
ICOW Pacer Developed Markets International Cash Cows 100 ETF 1.2 65 15 13.0 -3.5
INCO Columbia India Consumer ETF 1.2 75 5 1.7 -14.8
GDVD R3 Global Dividend Growth ETF 1.2 88 -8 5.9 -10.6
ERTH Invesco MSCI Sustainable Future ETF 1.2 62 18 3.7 -12.8
PICK iShares MSCI Global Metals & Mining Producers ETF 1.2 39 41 10.9 -5.6
BNE Blue Horizon BNE ETF 1.2 87 -7 5.1 -11.5
ACWI iShares MSCI ACWI ETF 1.2 32 48 5.5 -11.0
SCHY Schwab International Dividend Equity ETF 1.2 14 66 9.4 -7.1
ETEC iShares Breakthrough Environmental Solutions ETF 1.1 47 33 5.4 -11.2
IGF iShares Global Infrastructure ETF 1.1 41 39 5.2 -11.3
GII SPDR S&P Global Infrastructure ETF 1.1 40 40 5.2 -11.3
IWTR iShares MSCI Water Management Multisector ETF 1.1 47 33 4.9 -11.6
GXG Global X MSCI Colombia ETF 1.1 62 18 15.1 -1.4
SHPP Pacer Industrials and Logistics ETF 1.1 60 20 9.0 -7.5
IMFL Invesco International Developed Dynamic Multifactor ETF 1.1 34 46 10.7 -5.8
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.1 20 60 5.6 -10.9
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.1 10 70 8.2 -8.3
VT Vanguard Total World Stock ETF 1.1 7 73 5.9 -10.6
JETS U.S. Global Jets ETF 1.0 60 20 -15.8 -32.3
FM iShares Frontier and Select EM ETF 1.0 80 0 9.5 -7.0
KFVG KraneShares CICC China 5G & Semiconductor Index ETF 1.0 65 15 4.8 -11.7
ERUS iShares MSCI Russia ETF 1.0 8 72 11.3 -5.3
ISHP First Trust Nasdaq Retail ETF 1.0 60 20 3.2 -13.3
FLHK Franklin FTSE Hong Kong ETF 1.0 9 71 7.9 -8.6
SRET Global X SuperDividend REIT ETF 1.0 59 21 10.4 -6.1
RWX SPDR Dow Jones International Real Estate ETF 1.0 59 21 7.3 -9.3
BLDG Cambria Global Real Estate ETF 1.0 60 20 9.6 -6.9
WTAI WisdomTree Artificial Intelligence and Innovation Fund 1.0 45 35 1.4 -15.2
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 1.0 47 33 0.7 -15.8
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 1.0 60 20 1.0 -15.5
GLIN VanEck India Growth Leaders ETF 1.0 77 3 5.4 -11.1
JSTC Adasina Social Justice All Cap Global ETF 0.9 89 -9 4.8 -11.7
KNCT Invesco Next Gen Connectivity ETF 0.9 40 40 5.9 -10.6
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.9 58 22 10.2 -6.3
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.9 39 41 -3.6 -20.1
IDRV iShares Self-driving EV & Tech ETF 0.9 47 33 -0.5 -17.0
GCOW Pacer Global Cash Cows Dividend ETF 0.9 60 20 13.9 -2.6
DTCR Global X Data Center & Digital Infrastructure ETF 0.9 50 30 2.7 -13.8
SRVR Pacer Data & Infrastructure Real Estate ETF 0.9 55 25 3.0 -13.5
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.8 70 10 7.4 -9.1
SMOG VanEck Low Carbon Energy ETF 0.8 61 19 3.1 -13.4
TAN Invesco Solar ETF 0.8 67 13 6.1 -10.4
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.8 12 68 8.8 -7.7
GLIF AGF Global Infrastructure ETF 0.8 45 35 5.5 -11.0
IQRA IQ CBRE Real Assets ETF 0.8 65 15 6.1 -10.4
MOTI VanEck Morningstar International Moat ETF 0.8 58 22 7.1 -9.4
IXG iShares Global Financials ETF 0.8 42 38 7.0 -9.5
IXC iShares Global Energy ETF 0.7 44 36 8.4 -8.1
DWX SPDR S&P International Dividend ETF 0.7 45 35 7.2 -9.3
QINT American Century Quality Diversified International ETF 0.7 39 41 7.5 -9.0
KXI iShares Global Consumer Staples ETF 0.7 41 39 5.8 -10.8
CHIQ Global X MSCI China Consumer Discretionary ETF 0.7 65 15 5.7 -10.8
GTEK Goldman Sachs Future Tech Leaders Equity ETF 0.7 75 5 3.1 -13.4
OCEN IQ Clean Oceans ETF 0.7 45 35 5.4 -11.1
ADIV SmartETFs Asia Pacific Dividend Builder ETF 0.7 78 2 9.2 -7.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.6 9 71 5.8 -10.8
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.6 72 8 2.1 -14.4
GMET VanEck Green Metals ETF 0.6 63 17 9.9 -6.6
DMAT Global X Disruptive Materials ETF 0.6 59 21 9.8 -6.7
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.6 65 15 8.5 -8.0
IPKW Invesco International BuyBack Achievers ETF 0.6 55 25 9.3 -7.2
ICLN iShares Global Clean Energy ETF 0.6 41 39 4.3 -12.3
REMX VanEck Rare Earth/Strategic Metals ETF 0.6 54 26 11.5 -5.0
DRIV Global X Autonomous & Electric Vehicles ETF 0.6 68 12 3.3 -13.2
PBD Invesco Global Clean Energy ETF 0.6 75 5 -3.9 -20.4
ZSB USCF Sustainable Battery Metals Strategy Fund 0.6 61 19 14.7 -1.8
BATT Amplify Lithium & Battery Technology ETF 0.6 59 21 2.9 -13.6
LITP Sprott Lithium Miners ETF 0.6 65 15 12.0 -4.6
SETM Sprott Energy Transition Materials ETF 0.6 65 15 5.3 -11.2
FYLD Cambria Foreign Shareholder Yield ETF 0.6 59 21 12.1 -4.4
IHAK iShares Cybersecurity & Tech ETF 0.5 47 33 3.2 -13.3
IGPT Invesco AI and Next Gen Software ETF 0.5 60 20 3.7 -12.8
ARGT Global X MSCI Argentina ETF 0.5 59 21 7.6 -8.9
AVRE Avantis Real Estate ETF 0.5 17 63 6.7 -9.8
KURE KraneShares MSCI All China Health Care Index ETF 0.5 65 15 3.7 -12.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.5 12 68 5.1 -11.4
JRNY ALPS Global Travel Beneficiaries ETF 0.5 65 15 0.0 -16.5
RNRG Global X Renewable Energy Producers ETF 0.5 66 14 5.0 -11.6
IGRO iShares International Dividend Growth ETF 0.5 15 65 7.2 -9.3
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.5 45 35 6.4 -10.1
MEM Matthews Emerging Markets Equity Active ETF 0.4 79 1 5.9 -10.6
HJEN Direxion Hydrogen ETF 0.4 45 35 -3.1 -19.6
JPIN J.P. Morgan Diversified Return International Equity ETF 0.4 37 43 8.8 -7.7
CARZ First Trust NASDAQ Global Auto Index Fund 0.4 70 10 3.4 -13.1
LNGG Roundhill Alerian LNG ETF 0.4 65 15 8.7 -7.9
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.4 7 73 6.6 -9.9
RWO SPDR Dow Jones Global Real Estate ETF 0.4 50 30 7.0 -9.5
HAP VanEck Natural Resources ETF 0.4 50 30 9.6 -6.9
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.4 47 33 6.1 -10.5
REET iShares Global REIT ETF 0.3 14 66 7.3 -9.3
LUXX Roundhill S&P Global Luxury ETF 0.3 45 35 2.7 -13.8
KGRN KraneShares MSCI China Clean Technology Index ETF 0.3 79 1 6.4 -10.1
EWX SPDR S&P Emerging Markets Small Cap ETF 0.3 65 15 7.8 -8.7
RXI iShares Global Consumer Discretionary ETF 0.3 41 39 5.6 -10.9
CQQQ Invesco China Technology ETF 0.3 70 10 -6.0 -22.5
IXN iShares Global Tech ETF 0.3 41 39 4.3 -12.2
IQSI IQ Candriam International Equity ETF 0.3 15 65 6.5 -10.0
DFGR Dimensional Global Real Estate ETF 0.3 22 58 7.2 -9.4
MVPS Amplify Thematic All-Stars ETF 0.3 49 31 1.7 -14.9
VGK Vanguard FTSE Europe ETF 0.3 11 69 6.9 -9.6
DIVI Franklin International Core Dividend Tilt Index ETF 0.3 9 71 8.1 -8.4
SPEU SPDR Portfolio Europe ETF 0.3 7 73 6.7 -9.8
BBEU JPMorgan BetaBuilders Europe ETF 0.3 9 71 6.8 -9.7
FLEE Franklin FTSE Europe ETF 0.3 9 71 6.9 -9.6
AIQ Global X Artificial Intelligence & Technology ETF 0.2 68 12 4.1 -12.4
SHLD Global X Defense Tech ETF 0.2 50 30 4.9 -11.6
COPX Global X Copper Miners ETF 0.2 65 15 7.0 -9.5
FNDF Schwab Fundamental International Large Co. Index ETF 0.2 25 55 9.2 -7.3
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.2 24 56 8.6 -7.9
GSID Goldman Sachs MarketBeta International Equity ETF 0.2 20 60 6.8 -9.8
HFXI IQ FTSE International Equity Currency Neutral ETF 0.2 20 60 6.9 -9.6
BKIE BNY Mellon International Equity ETF 0.2 4 76 7.0 -9.6
SMIN iShares MSCI India Small Cap ETF 0.2 79 1 4.5 -12.0
CGXU Capital Group International Focus Equity ETF 0.2 54 26 4.2 -12.3
RFDI First Trust Riverfront Dynamic Developed International ETF 0.2 83 -3 9.1 -7.4
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.2 49 31 6.7 -9.8
SCHC Schwab International Small-Cap Equity ETF 0.2 11 69 6.5 -10.0
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.2 45 35 8.6 -7.9
VEA Vanguard FTSE Developed Markets ETF 0.2 5 75 7.1 -9.4
DIM WisdomTree International MidCap Dividend Fund 0.2 58 22 7.7 -8.8
ASEA Global X FTSE Southeast Asia ETF 0.2 65 15 6.7 -9.9
SCHF Schwab International Equity ETF 0.2 6 74 7.1 -9.4
IQIN IQ 500 International ETF 0.2 25 55 8.9 -7.6
TTAI FCF International Quality ETF 0.1 59 21 7.4 -9.1
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.1 39 41 7.4 -9.1
AQWA Global X Clean Water ETF 0.1 50 30 4.4 -12.1
FNDC Schwab Fundamental International Small Co. Index ETF 0.1 39 41 6.9 -9.6
MXI iShares Global Materials ETF 0.1 41 39 6.6 -9.9
DTH WisdomTree International High Dividend Fund 0.1 58 22 10.3 -6.2
MDEV First Trust Indxx Medical Devices ETF 0.1 70 10 3.9 -12.6
VIGI Vanguard International Dividend Appreciation ETF 0.0 15 65 5.6 -10.9
VPL Vanguard FTSE Pacific ETF 0.0 8 72 7.0 -9.6
DWM WisdomTree International Equity Fund 0.0 48 32 7.9 -8.6
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.0 40 40 8.0 -8.6
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 38 5.1 -11.4
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 77 7.0 -9.5
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 41 7.7 -8.8

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 Emerging Markets 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 15.8 %
Divided by: Fwd. P/BV 0.9 x
Less: Expense ratio 80 bp
Equals: ALTAR Score 16.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.42 CATEGORY
AVERAGE		 1.39
 
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.