First Trust Emerging Markets AlphaDEX Fund
ALTAR
Score™		 13.0% info Recommen-
dation		 SPECULATIVE
2024E    2025E
P/E
ratio		 8.3x P/Sales
ratio		 0.5x
P/BV
ratio		 1.0x Div.
yield		 4.2%


  • 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) $407
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) $19,726
Large cap (>$10bn) 45.5%
Mid cap ($2-10bn) 52.2%
Small cap (<$2bn) 1.4%
Developed mkts 17.3%
Emerging mkts 82.8%

TOP TEN HOLDINGS
BSE LIMITED 2.2 %
POP MART INTERNATIONAL GROUP LIMIT 1.6 %
XIAOMI CORP. CLASS B 1.4 %
EVERGREEN MARINE 1.3 %
EMPRESA BRAS DE AERONAUTICA 1.2 %
GEELY AUTOMOBILE HOLDINGS LT 1.2 %
TURKIYE VAKIFLAR BANKASI T-D 1.2 %
XINJIANG GOLDWIND SCI&TEC-H 1.2 %
TURK HAVA YOLLARI AO 1.2 %
TCL COMMUNICATION TECH HLDGS 1.2 %
Total 13.7 %

TOP COUNTRY EXPOSURE
CHINA 27.8 %
HONG KONG 12.0 %
TURKEY 9.6 %
BRAZIL 9.1 %
INDIA 7.9 %
TAIWAN 7.0 %
MEXICO 4.2 %
INDONESIA 3.4 %
SOUTH AFRICA 3.0 %
THAILAND 2.8 %

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.
4.2% 17.3% 3.4% 3.4% 1.3%

Market Correlations
versus... Beta R-squared
S&P500 0.67 40%
MSCI EAFE 0.86 68%
MSCI Emg. Mkts. 0.93 78%

Technical Indicators
Recent close $22.34
30d moving avg. $23.29
Annualized volatility 18.5%
Short interest (ETF) 0.2%
Relative strength (RSI) 46

Liquidity measures
Avg. volume (thou.) 61
Turnover 0.3%
Bid/Ask (% of price) 0.20%
ADV underlying (mns) $6,759

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 352 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™: 13.0%


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 24.6 45 35 12.3 -0.7
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 20.8 39 41 12.5 -0.6
FCA First Trust China AlphaDEX Fund 20.4 80 0 16.2 +3.1
PXH Invesco FTSE RAFI Emerging Markets ETF 20.3 49 31 12.2 -0.8
ROAM Hartford Multifactor Emerging Markets ETF 19.5 44 36 15.8 +2.8
EVLU iShares MSCI Emerging Markets Value Factor ETF 18.1 35 45 12.4 -0.6
FDEM Fidelity Emerging Markets Multifactor ETF 17.1 25 55 12.3 -0.7
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 15.8 44 36 10.6 -2.4
BKF iShares MSCI BIC ETF 15.4 69 11 6.9 -6.1
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 15.2 50 30 13.0 -0.1
FLN First Trust Latin America AlphaDEX Fund 15.1 80 0 8.4 -4.6
ECON Columbia Emerging Markets Consumer ETF 15.0 49 31 7.3 -5.7
AVES Avantis Emerging Markets Value ETF 14.9 36 44 11.6 -1.5
MCHI iShares MSCI China ETF 14.5 59 21 8.4 -4.7
ECOW Pacer Emerging Markets Cash Cows 100 ETF 14.1 70 10 9.2 -3.9
SCHE Schwab Emerging Markets Equity ETF 14.0 11 69 7.1 -5.9
JHEM John Hancock Multifactor Emerging Markets ETF 14.0 49 31 8.2 -4.9
DFEV Dimensional Emerging Markets Value ETF 14.0 43 37 11.1 -2.0
EMMF WisdomTree Emerging Markets Multifactor Fund 13.9 48 32 8.8 -4.3
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 13.9 32 48 6.9 -6.2
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 13.6 90 -10 6.1 -6.9
FLCH Franklin FTSE China ETF 13.6 19 61 8.8 -4.2
EEM iShares MSCI Emerging Markets ETF 13.4 69 11 6.9 -6.2
RNEM First Trust Emerging Markets Equity Select ETF 13.3 75 5 7.6 -5.5
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 13.0 30 50 7.3 -5.8
GXC SPDR S&P China ETF 12.9 59 21 8.3 -4.7
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 12.9 45 35 11.0 -2.1
VIDI Vident International Equity Strategy ETF 12.9 61 19 10.2 -2.8
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 12.9 66 14 10.0 -3.1
KALL KraneShares MSCI All China Index ETF 12.8 49 31 9.0 -4.0
EEMO Invesco S&P Emerging Markets Momentum ETF 12.7 29 51 5.5 -7.5
FXI iShares China Large-Cap ETF 12.7 74 6 8.2 -4.9
VWO Vanguard FTSE Emerging Markets ETF 12.5 8 72 6.9 -6.1
DVYE iShares Emerging Markets Dividend ETF 12.4 49 31 18.8 +5.7
DFAE Dimensional Emerging Core Equity Market ETF 12.3 35 45 7.3 -5.7
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 12.3 15 65 7.2 -5.8
BKEM BNY Mellon Emerging Markets Equity ETF 12.3 11 69 8.4 -4.7
SPEM SPDR Portfolio Emerging Markets ETF 12.2 7 73 7.3 -5.7
LDEM iShares ESG MSCI EM Leaders ETF 12.1 17 63 7.6 -5.4
GMF SPDR S&P Emerging Asia Pacific ETF 12.1 49 31 6.1 -6.9
ESGE iShares ESG Aware MSCI EM ETF 12.0 25 55 7.1 -5.9
EEMA iShares MSCI Emerging Markets Asia ETF 11.9 49 31 6.5 -6.5
IEMG iShares Core MSCI Emerging Markets ETF 11.9 9 71 7.5 -5.6
EMGF iShares Emerging Markets Equity Factor ETF 11.9 25 55 8.5 -4.6
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 11.8 36 44 7.8 -5.2
EMXF iShares ESG Advanced MSCI EM ETF 11.7 16 64 6.8 -6.2
FLLA Franklin FTSE Latin America ETF 11.4 19 61 13.2 +0.1
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 11.4 18 62 6.8 -6.2
AAXJ iShares MSCI All Country Asia ex Japan ETF 11.2 70 10 6.2 -6.9
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 11.1 24 56 9.2 -3.8
EYLD Cambria Emerging Shareholder Yield ETF 11.1 66 14 13.2 +0.1
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 10.9 95 -15 10.5 -2.5
AVEM Avantis Emerging Markets Equity ETF 10.7 33 47 8.9 -4.2
DFEM Dimensional Emerging Markets Core Equity 2 ETF 10.7 38 42 7.8 -5.2
DEM WisdomTree Emerging Markets High Dividend Fund 10.5 63 17 18.9 +5.8
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 10.4 30 50 8.1 -4.9
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 10.4 20 60 6.8 -6.3
CHIQ Global X MSCI China Consumer Discretionary ETF 10.4 65 15 5.9 -7.2
FTHF First Trust Emerging Markets Human Flourishing ETF 10.1 75 5 8.9 -4.2
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 10.0 33 47 8.2 -4.8
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 10.0 32 48 6.2 -6.8
XCEM Columbia EM Core ex-China ETF 9.9 16 64 7.7 -5.3
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 9.9 41 39 7.4 -5.6
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 9.9 59 21 11.3 -1.8
DEHP Dimensional Emerging Markets High Profitability ETF 9.8 41 39 5.0 -8.1
FLAX Franklin FTSE Asia Ex Japan ETF 9.7 19 61 6.9 -6.2
STXE Strive Emerging Markets Ex-China ETF 9.5 32 48 7.0 -6.0
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 9.5 88 -8 7.4 -5.6
FLBR Franklin FTSE Brazil ETF 9.4 19 61 13.2 +0.1
GVAL Cambria Global Value ETF 9.3 68 12 13.1 +0.0
EMXC iShares MSCI Emerging Markets ex China ETF 9.2 25 55 6.7 -6.4
FBZ First Trust Brazil AlphaDEX Fund 9.1 80 0 13.3 +0.3
SDEM Global X MSCI SuperDividend Emerging Markets ETF 9.0 67 13 15.0 +2.0
XCNY SPDR S&P Emerging Markets ex-China ETF 8.9 15 65 6.3 -6.8
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 8.8 15 65 10.2 -2.8
AIA iShares Asia 50 ETF 8.7 50 30 6.6 -6.4
RODE Hartford Multifactor Diversified International ETF 8.6 29 51 11.8 -1.3
TUR iShares MSCI Turkey ETF 8.4 58 22 19.7 +6.6
NUEM Nuveen ESG Emerging Markets Equity ETF 8.0 36 44 6.5 -6.6
EWZ iShares MSCI Brazil ETF 7.5 58 22 10.4 -2.7
XC WisdomTree Emerging Markets Ex-China Fund 7.4 32 48 6.0 -7.1
IQDY FlexShares International Quality Dividend Dynamic Index Fund 7.4 47 33 9.4 -3.7
EELV Invesco S&P Emerging Markets Low Volatility ETF 7.4 29 51 8.7 -4.3
CXSE WisdomTree China ex-State-Owned Enterprises Fund 7.2 32 48 6.1 -7.0
OBOR KraneShares MSCI One Belt One Road Index ETF 6.9 79 1 10.3 -2.8
IQDF FlexShares International Quality Dividend Index Fund 6.8 47 33 12.9 -0.2
EMDM First Trust Bloomberg Emerging Market Democracies ETF 6.8 75 5 8.2 -4.8
EQLT iShares MSCI Emerging Markets Quality Factor ETF 6.8 35 45 7.4 -5.7
DSTX Distillate International Fundamental Stability & Value ETF 6.4 55 25 8.0 -5.1
EEMD AAM S&P Emerging Markets High Dividend Value ETF 6.2 49 31 16.1 +3.1
FRDM Freedom 100 Emerging Markets ETF 6.2 49 31 7.3 -5.8
EWT iShares MSCI Taiwan ETF 6.0 58 22 5.7 -7.4
MCH Matthews China Active ETF 6.0 79 1 5.4 -7.7
KTEC KraneShares Hang Seng TECH Index ETF 5.8 69 11 -3.6 -16.7
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 5.7 25 55 6.6 -6.4
IQDE FlexShares International Quality Dividend Defensive Index ET 5.7 47 33 14.8 +1.8
EDIV SPDR S&P Emerging Markets Dividend ETF 5.3 49 31 12.0 -1.0
TCHI iShares MSCI China Multisector Tech ETF 5.2 59 21 1.9 -11.2
JCHI JPMorgan Active China ETF 5.2 65 15 8.0 -5.1
FLTW Franklin FTSE Taiwan ETF 5.1 19 61 5.9 -7.2
ACWX iShares MSCI ACWI ex U.S. ETF 4.8 34 46 7.0 -6.1
VYMI Vanguard International High Dividend Yield ETF 4.8 22 58 9.8 -3.2
PIN Invesco India ETF 4.7 78 2 4.5 -8.6
INDA iShares MSCI India ETF 4.7 65 15 4.4 -8.7
VEU Vanguard FTSE All-World ex-US Index Fund 4.6 8 72 7.3 -5.8
EPI WisdomTree India Earnings Fund 4.5 85 -5 6.1 -7.0
FLIN Franklin FTSE India ETF 4.4 19 61 4.7 -8.4
CGRO CoreValues Alpha Greater China Growth ETF 4.4 75 5 2.0 -11.1
GXUS Goldman Sachs MarketBeta Total International Equity ETF 4.3 18 62 7.0 -6.0
VXUS Vanguard Total International Stock ETF 4.3 7 73 7.2 -5.9
EDOG ALPS Emerging Sector Dividend Dogs ETF 4.2 60 20 13.4 +0.4
IXUS iShares Core MSCI Total International Stock ETF 4.2 7 73 7.2 -5.9
VSGX Vanguard ESG International Stock ETF 4.2 12 68 6.8 -6.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 4.1 41 39 7.4 -5.6
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 4.1 86 -6 1.6 -11.4
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 4.1 60 20 0.5 -12.6
WRND IQ Global Equity R&D Leaders ETF 4.0 18 62 7.5 -5.5
CWI SPDR MSCI ACWI ex-US ETF 4.0 30 50 6.9 -6.1
KWEB KraneShares CSI China Internet ETF 3.9 69 11 -1.4 -14.4
EMM Global X Emerging Markets ex-China ETF 3.9 75 5 4.2 -8.8
DFAX Dimensional World ex U.S. Core Equity 2 ETF 3.9 30 50 8.0 -5.1
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 3.8 60 20 9.8 -3.2
MEM Matthews Emerging Markets Equity Active ETF 3.8 79 1 5.4 -7.6
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 3.6 40 40 8.3 -4.8
RXI iShares Global Consumer Discretionary ETF 3.6 41 39 5.4 -7.7
EMC Global X Emerging Markets Great Consumer ETF 3.5 75 5 4.5 -8.5
EMIF iShares Emerging Markets Infrastructure ETF 3.4 60 20 8.5 -4.5
WWJD Inspire International ETF 3.4 80 0 7.3 -5.8
EIDO iShares MSCI Indonesia ETF 3.3 59 21 7.5 -5.6
EWW iShares MSCI Mexico ETF 3.3 50 30 13.2 +0.1
CRAK VanEck Oil Refiners ETF 3.2 61 19 14.7 +1.7
IDX VanEck Indonesia Index ETF 3.1 57 23 8.8 -4.3
SDIV Global X Superdividend ETF 3.0 58 22 14.9 +1.9
EZA iShares MSCI South Africa ETF 3.0 58 22 10.3 -2.7
PICK iShares MSCI Global Metals & Mining Producers ETF 2.9 39 41 12.8 -0.2
ACWV iShares MSCI Global Min Vol Factor ETF 2.9 20 60 6.3 -6.7
FILL iShares MSCI Global Energy Producers ETF 2.9 39 41 9.6 -3.4
NXTG First Trust Indxx NextG ETF 2.9 70 10 6.2 -6.8
IBUY Amplify Online Retail ETF 2.9 65 15 1.4 -11.7
SUPL ProShares Supply Chain Logistics ETF 2.8 58 22 14.2 +1.2
NFTY First Trust India NIFTY 50 Equal Weight ETF 2.8 80 0 6.3 -6.8
DEW WisdomTree Global High Dividend Fund 2.6 58 22 8.5 -4.5
FDNI First Trust Dow Jones International Internet ETF 2.5 65 15 2.1 -10.9
AFK VanEck Africa Index ETF 2.5 98 -18 9.1 -4.0
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 2.5 46 34 9.3 -3.7
IPAV Global X Infrastructure Development ex-U.S. ETF 2.4 55 25 9.7 -3.4
ILF iShares Latin America 40 ETF 2.4 48 32 10.4 -2.6
MINV Matthews Asia Innovators Active ETF 2.3 79 1 3.0 -10.1
GLOF iShares Global Equity Factor ETF 2.2 20 60 7.0 -6.0
INDY iShares India 50 ETF 2.2 89 -9 4.6 -8.5
PATN Pacer Nasdaq International Patent Leaders ETF 2.2 65 15 6.5 -6.6
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 2.0 68 12 8.2 -4.8
EWM iShares MSCI Malaysia ETF 2.0 50 30 5.5 -7.5
UMMA Wahed Dow Jones Islamic World ETF 2.0 65 15 4.6 -8.5
ICLN iShares Global Clean Energy ETF 1.9 41 39 6.0 -7.1
FLMX Franklin FTSE Mexico ETF 1.9 19 61 16.2 +3.2
BLES Inspire Global Hope ETF 1.9 61 19 6.4 -6.6
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 1.9 42 38 8.1 -5.0
MOTO SmartETFs Smart Transportation & Technology ETF 1.9 68 12 7.3 -5.8
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 1.9 58 22 10.2 -2.9
ASEA Global X FTSE Southeast Asia ETF 1.9 65 15 6.3 -6.7
FRNW Fidelity Clean Energy ETF 1.9 39 41 2.6 -10.5
DTEC ALPS Disruptive Technologies ETF 1.9 50 30 3.7 -9.4
INCO Columbia India Consumer ETF 1.8 75 5 1.5 -11.5
MOTI VanEck Morningstar International Moat ETF 1.8 58 22 5.9 -7.2
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.8 10 70 7.7 -5.4
CTEC Global X CleanTech ETF 1.8 50 30 2.9 -10.2
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 1.8 45 35 5.7 -7.4
BOAT SonicShares Global Shipping ETF 1.7 69 11 34.8 +21.8
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.7 12 68 8.3 -4.8
ADIV SmartETFs Asia Pacific Dividend Builder ETF 1.7 78 2 9.0 -4.1
GTEK Goldman Sachs Future Tech Leaders Equity ETF 1.7 75 5 2.9 -10.2
BRAZ Global X Brazil Active ETF 1.7 75 5 10.1 -2.9
KLMT Invesco MSCI Global Climate 500 ETF 1.7 10 70 5.4 -7.6
KFVG KraneShares CICC China 5G & Semiconductor Index ETF 1.6 65 15 3.9 -9.1
ARVR First Trust Indxx Metaverse ETF 1.6 70 10 0.8 -12.2
CQQQ Invesco China Technology ETF 1.6 70 10 -7.9 -21.0
FLHK Franklin FTSE Hong Kong ETF 1.6 9 71 6.8 -6.2
ACWI iShares MSCI ACWI ETF 1.6 32 48 5.3 -7.8
KURE KraneShares MSCI All China Health Care Index ETF 1.6 65 15 4.3 -8.8
CARZ First Trust NASDAQ Global Auto Index Fund 1.6 70 10 3.8 -9.2
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 1.6 46 34 4.9 -8.2
JSTC Adasina Social Justice All Cap Global ETF 1.6 89 -9 4.9 -8.1
CLNR IQ Cleaner Transport ETF 1.6 45 35 6.8 -6.2
GGME Invesco Next Gen Media and Gaming ETF 1.6 60 20 3.5 -9.5
RWX SPDR Dow Jones International Real Estate ETF 1.5 59 21 7.4 -5.7
ISHP First Trust Nasdaq Retail ETF 1.5 60 20 2.9 -10.2
VT Vanguard Total World Stock ETF 1.5 7 73 5.5 -7.5
TTAI FCF International Quality ETF 1.5 59 21 5.6 -7.4
SHPP Pacer Industrials and Logistics ETF 1.5 60 20 9.9 -3.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.4 20 60 5.2 -7.9
OND ProShares On-Demand ETF 1.4 58 22 -2.2 -15.2
GLIN VanEck India Growth Leaders ETF 1.4 77 3 5.7 -7.4
EPOL iShares MSCI Poland ETF 1.4 59 21 12.9 -0.1
GII SPDR S&P Global Infrastructure ETF 1.4 40 40 4.3 -8.7
IGF iShares Global Infrastructure ETF 1.4 41 39 4.3 -8.8
IQRA IQ CBRE Real Assets ETF 1.4 65 15 5.2 -7.9
SCHY Schwab International Dividend Equity ETF 1.3 14 66 9.3 -3.7
KNCT Invesco Next Gen Connectivity ETF 1.3 40 40 5.6 -7.5
KGRN KraneShares MSCI China Clean Technology Index ETF 1.3 79 1 5.6 -7.4
CGV Conductor Global Equity Value ETF 1.3 130 -50 10.9 -2.2
SMOG VanEck Low Carbon Energy ETF 1.3 61 19 2.4 -10.7
CGXU Capital Group International Focus Equity ETF 1.2 54 26 4.9 -8.2
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.2 72 8 1.0 -12.1
DRIV Global X Autonomous & Electric Vehicles ETF 1.2 68 12 4.8 -8.2
BNE Blue Horizon BNE ETF 1.2 87 -7 4.6 -8.5
ANEW ProShares MSCI Transformational Changes ETF 1.2 45 35 3.6 -9.5
DWX SPDR S&P International Dividend ETF 1.1 45 35 6.5 -6.6
DGT SPDR Global Dow ETF 1.1 50 30 6.8 -6.3
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.1 12 68 4.8 -8.3
IXC iShares Global Energy ETF 1.1 44 36 8.7 -4.4
SDG iShares MSCI Global Sustainable Development Goals ETF 1.1 49 31 5.6 -7.4
FAN First Trust Global Wind Energy ETF 1.0 60 20 5.5 -7.5
IDOG ALPS International Sector Dividend Dogs ETF 1.0 50 30 12.8 -0.2
FDD First Trust Stoxx European Select Dividend Index Fund 1.0 58 22 13.6 +0.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.0 9 71 5.4 -7.7
XT iShares Exponential Technologies ETF 1.0 46 34 4.8 -8.3
IXG iShares Global Financials ETF 1.0 42 38 6.2 -6.9
NDIA Global X India Active ETF 0.9 75 5 7.2 -5.8
WUGI AXS Esoterica NextG Economy ETF 0.9 75 5 2.5 -10.5
DINT Davis Select International ETF 0.9 55 25 6.0 -7.0
DWLD Davis Select Worldwide ETF 0.9 63 17 6.7 -6.3
GBUY Goldman Sachs Future Consumer Equity ETF 0.9 75 5 3.3 -9.7
OGIG ALPS O'Shares Global Internet Giants ETF 0.9 48 32 1.9 -11.1
AIQ Global X Artificial Intelligence & Technology ETF 0.9 68 12 4.0 -9.1
WTRE WisdomTree New Economy Real Estate Fund 0.9 58 22 0.3 -12.7
DTCR Global X Data Center & Digital Infrastructure ETF 0.9 50 30 4.7 -8.4
IDAT iShares Future Cloud 5G and Tech ETF 0.9 47 33 4.3 -8.8
SRVR Pacer Data & Infrastructure Real Estate ETF 0.9 55 25 1.9 -11.1
ECH iShares MSCI Chile ETF 0.9 58 22 9.8 -3.3
CCNR ALPS CoreCommodity Natural Resources ETF 0.9 39 41 11.0 -2.0
GXG Global X MSCI Colombia ETF 0.9 62 18 15.8 +2.7
OAIM OneAscent International Equity ETF 0.9 95 -15 5.1 -7.9
GDVD R3 Global Dividend Growth ETF 0.9 88 -8 5.5 -7.5
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.8 47 33 5.5 -7.6
KOCG FIS Knights of Columbus Global Belief ETF 0.8 75 5 5.0 -8.0
EPHE iShares MSCI Philippines ETF 0.8 59 21 8.9 -4.2
FPXI First Trust International Equity Opportunities ETF 0.8 70 10 4.9 -8.1
MVPS Amplify Thematic All-Stars ETF 0.8 49 31 2.7 -10.4
IGRO iShares International Dividend Growth ETF 0.8 15 65 7.5 -5.5
JETS U.S. Global Jets ETF 0.8 60 20 -13.3 -26.3
ICOP iShares Copper and Metals Mining ETF 0.8 47 33 10.1 -2.9
CRUZ Defiance Hotel Airline and Cruise ETF 0.7 45 35 -4.6 -17.6
QTUM Defiance Quantum ETF 0.7 40 40 3.6 -9.5
BUYZ Franklin Disruptive Commerce ETF 0.7 50 30 1.8 -11.2
EMFQ Amplify Emerging Markets FinTech ETF 0.7 69 11 5.3 -7.8
IVES Wedbush ETFMG Global Cloud Technology ETF 0.7 68 12 5.8 -7.3
MOTG VanEck Morningstar Global Wide Moat ETF 0.7 52 28 5.6 -7.4
IPKW Invesco International BuyBack Achievers ETF 0.7 55 25 11.0 -2.0
METV Roundhill Ball Metaverse ETF 0.7 59 21 3.4 -9.7
CHAT Roundhill Generative AI & Technology ETF 0.7 75 5 3.8 -9.2
AIVC Amplify Bloomberg AI Value Chain ETF 0.7 59 21 5.8 -7.2
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.7 79 1 5.1 -8.0
RAYS Global X Solar ETF 0.7 51 29 6.9 -6.1
PBD Invesco Global Clean Energy ETF 0.7 75 5 -5.3 -18.3
TAN Invesco Solar ETF 0.7 67 13 10.4 -2.6
ETEC iShares Breakthrough Environmental Solutions ETF 0.7 47 33 8.0 -5.1
BINV Brandes International ETF 0.7 70 10 8.5 -4.6
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.6 39 41 -1.7 -14.7
NTZG Nuveen Global Net Zero Transition ETF 0.6 56 24 4.7 -8.3
FBOT Fidelity Disruptive Automation ETF 0.6 50 30 3.6 -9.4
LIT Global X Lithium & Battery Tech ETF 0.6 75 5 9.1 -4.0
IDRV iShares Self-driving EV & Tech ETF 0.6 47 33 -0.4 -13.5
BATT Amplify Lithium & Battery Technology ETF 0.6 59 21 -0.1 -13.2
SEA U.S. Global Sea to Sky Cargo ETF 0.6 60 20 21.5 +8.5
WISE Themes Generative Artificial Intelligence ETF 0.6 35 45 0.5 -12.6
FTRI First Trust Indxx Global Natural Resources Income ETF 0.6 70 10 9.8 -3.3
SAGP Strategas Global Policy Opportunities ETF 0.5 65 15 5.3 -7.8
IDNA iShares Genomics Immunology and Healthcare ETF 0.5 47 33 -4.3 -17.3
ERTH Invesco MSCI Sustainable Future ETF 0.5 62 18 3.6 -9.4
JIG JPMorgan International Growth ETF 0.5 55 25 4.6 -8.4
BIGFX Baron International Growth Retail 0.5 75 5 3.1 -9.9
EPU iShares MSCI Peru and Global Exposure ETF 0.5 59 21 5.5 -7.5
INDF Nifty India Financials ETF 0.5 75 5 5.3 -7.8
LNGG Roundhill Alerian LNG ETF 0.5 65 15 9.1 -4.0
GSIB Themes Global Systemically Important Banks ETF 0.5 35 45 13.4 +0.4
RWO SPDR Dow Jones Global Real Estate ETF 0.5 50 30 6.1 -6.9
IXN iShares Global Tech ETF 0.4 41 39 4.5 -8.6
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.4 58 22 4.6 -8.5
FTAG First Trust Indxx Global Agriculture ETF 0.4 70 10 9.7 -3.4
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 0.4 86 -6 1.2 -11.8
ESPO VanEck Video Gaming and eSports ETF 0.4 56 24 3.5 -9.5
HERO Global X Video Games & Esports ETF 0.4 50 30 4.4 -8.6
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.4 75 5 4.6 -8.5
NERD Roundhill Video Games ETF 0.4 50 30 7.1 -5.9
ODDS Pacer BlueStar Digital Entertainment ETF 0.4 60 20 2.3 -10.8
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.4 24 56 8.7 -4.4
COPX Global X Copper Miners ETF 0.4 65 15 8.2 -4.9
AGMI Themes Silver Miners ETF 0.4 35 45 4.5 -8.5
REET iShares Global REIT ETF 0.4 14 66 6.2 -6.8
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.4 85 -5 8.6 -4.5
ION ProShares S&P Global Core Battery Metals ETF 0.4 58 22 15.5 +2.5
AVRE Avantis Real Estate ETF 0.3 17 63 5.9 -7.2
RNRG Global X Renewable Energy Producers ETF 0.3 66 14 5.5 -7.5
FPAG FPA Global Equity ETF 0.3 49 31 5.4 -7.6
VGSR Vert Global Sustainable Real Estate ETF 0.3 47 33 5.6 -7.4
JPIN J.P. Morgan Diversified Return International Equity ETF 0.3 37 43 8.9 -4.2
DFGR Dimensional Global Real Estate ETF 0.3 22 58 6.2 -6.8
FMET Fidelity Metaverse ETF 0.2 39 41 5.4 -7.6
DIM WisdomTree International MidCap Dividend Fund 0.2 58 22 7.7 -5.3
EBLU Ecofin Global Water ESG Fund 0.2 40 40 4.9 -8.1
AQWA Global X Clean Water ETF 0.2 50 30 4.2 -8.8
TMFG Motley Fool Global Opportunities ETF 0.2 85 -5 3.2 -9.8
RING iShares MSCI Global Gold Miners ETF 0.2 39 41 5.6 -7.5
SLVP iShares MSCI Global Silver Miners ETF 0.2 39 41 3.2 -9.8
RFDI First Trust Riverfront Dynamic Developed International ETF 0.2 83 -3 10.0 -3.1
EXI iShares Global Industrials ETF 0.2 42 38 4.5 -8.5
OCEN IQ Clean Oceans ETF 0.2 45 35 6.1 -7.0
IQSI IQ Candriam International Equity ETF 0.2 15 65 6.6 -6.4
VIGI Vanguard International Dividend Appreciation ETF 0.2 15 65 6.4 -6.6
GNR SPDR S&P Global Natural Resources ETF 0.1 40 40 9.7 -3.4
GSID Goldman Sachs MarketBeta International Equity ETF 0.1 20 60 7.0 -6.1
FNDF Schwab Fundamental International Large Co. Index ETF 0.1 25 55 9.9 -3.2
SCHC Schwab International Small-Cap Equity ETF 0.1 11 69 6.6 -6.5
BKIE BNY Mellon International Equity ETF 0.1 4 76 7.1 -6.0
IQIN IQ 500 International ETF 0.1 25 55 9.2 -3.9
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.1 45 35 8.9 -4.1
FNDC Schwab Fundamental International Small Co. Index ETF 0.1 39 41 7.2 -5.8
BBEU JPMorgan BetaBuilders Europe ETF 0.1 9 71 7.1 -5.9
DTH WisdomTree International High Dividend Fund 0.1 58 22 10.1 -2.9
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 31 7.0 -6.1
DFIS Dimensional International Small Cap ETF 0.1 39 41 6.9 -6.2
SPEU SPDR Portfolio Europe ETF 0.1 7 73 7.1 -6.0
VGK Vanguard FTSE Europe ETF 0.1 11 69 7.1 -6.0
HFXI IQ FTSE International Equity Currency Neutral ETF 0.1 20 60 7.1 -6.0
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 7 73 6.7 -6.4
FLEE Franklin FTSE Europe ETF 0.1 9 71 7.2 -5.9
IXJ iShares Global Healthcare ETF 0.1 42 38 6.5 -6.5
VPL Vanguard FTSE Pacific ETF 0.1 8 72 7.7 -5.3
VEA Vanguard FTSE Developed Markets ETF 0.1 5 75 7.3 -5.7
SCZ iShares MSCI EAFE Small-Cap ETF 0.1 40 40 6.6 -6.5
SCHF Schwab International Equity ETF 0.1 6 74 7.5 -5.6
GINN Goldman Sachs Innovate Equity ETF 0.1 52 28 2.8 -10.3
DIVI Franklin International Core Dividend Tilt Index ETF 0.1 9 71 8.1 -4.9
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.1 40 40 7.9 -5.1
DWM WisdomTree International Equity Fund 0.1 48 32 8.0 -5.1
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 41 7.4 -5.6
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 41 7.5 -5.5
IPAC iShares Core MSCI Pacific ETF 0.0 9 71 7.2 -5.8
DFIC Dimensional International Core Equity 2 ETF 0.0 23 57 7.7 -5.3
DISV Dimensional International Small Cap Value ETF 0.0 42 38 9.1 -3.9
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 38 5.1 -7.9
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 77 7.2 -5.9
INTF iShares International Equity Factor ETF 0.0 15 65 8.2 -4.9
EWX SPDR S&P Emerging Markets Small Cap ETF 0.0 65 15 8.2 -4.9
DFAI Dimensional International Core Equity Market ETF 0.0 18 62 7.3 -5.8
AVDE Avantis International Equity ETF 0.0 23 57 8.1 -5.0
AVIV Avantis International Large Cap Value ETF 0.0 25 55 9.0 -4.1
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 76 7.1 -5.9
IEFA iShares Core MSCI EAFE ETF 0.0 7 73 7.1 -5.9
DFIV Dimensional International Value ETF 0.0 27 53 10.0 -3.1
DIHP Dimensional International High Profitability ETF 0.0 29 51 7.6 -5.4

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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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 12.7 %
Divided by: Fwd. P/BV 0.9 x
Less: Expense ratio 80 bp
Equals: ALTAR Score 13.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.49 CATEGORY
AVERAGE		 1.48
 
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.