First Trust Emerging Markets Small Cap AlphaDEX Fund
ALTAR
Score™		 14.4% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 8.1x P/Sales
ratio		 0.6x
P/BV
ratio		 1.0x Div.
yield		 3.4%


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

FUND BASICS
Category Emerging Market Equities
Fund Sponsor First Trust Advisors LP
Website www.ftportfolios.com
Inception date Feb 15, 2012
Assets (mns) $264
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 223
Wgt avg mkt cap (mns) $19,615
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 33.7%
Small cap (<$2bn) 64.0%
Developed mkts 15.2%
Emerging mkts 84.8%

TOP TEN HOLDINGS
CHINA ZHONGWANG HOLDINGS LTD 5.2 %
ENERGI MEGA PERSADA TBK PT 0.9 %
AREZZO INDUSTRIA E COMERCIO 0.9 %
PT ADARO ANDALAN INDONESIA TBK 0.9 %
TAURON POLSKA ENERGIA SA 0.9 %
PT DHARMA SATYA NUSANTARA TBK 0.9 %
ENERYA ENERJI A.S. 0.9 %
EZCONN CORPORATION 0.9 %
ENERJISA ENERJI A.S 0.8 %
ADARO ENERGY PT 0.8 %
Total 13.1 %

TOP COUNTRY EXPOSURE
CHINA 22.1 %
BRAZIL 13.0 %
TAIWAN 9.8 %
INDONESIA 7.2 %
TURKEY 7.0 %
SOUTH AFRICA 5.1 %
THAILAND 3.5 %
CHILE 2.1 %
MEXICO 2.1 %
MALAYSIA 2.1 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru September 30)
Year-to-date 1 year 5 years 10 years Since Incep.
20.4% 11.8% 10.6% 9.6% 6.6%

Market Correlations
versus... Beta R-squared
S&P500 0.57 29%
MSCI EAFE 0.52 30%
MSCI Emg. Mkts. 0.56 40%

Technical Indicators
Recent close $42.65
30d moving avg. $43.35
Annualized volatility 14.3%
Short interest (ETF) 0.1%
Relative strength (RSI) 49

Liquidity measures
Avg. volume (thou.) 16
Turnover 0.3%
Bid/Ask (% of price) 1.11%
ADV underlying (mns) $1,234

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 187 potential alternatives to the First Trust Emerging Markets Small Cap AlphaDEX Fund ETF based on the alternatives' overlap in portfolio holdings with FEMS. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FEMS Expense: 80 bp ALTAR Score™: 14.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FEMS
Ticker Fund
Name		 Overlap1
vs FEMS
(%)		 Expense
ratio
(bp)		 Savings
vs FEMS
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs FEMS
(%)
ECNS iShares MSCI China Small-Cap ETF 11.8 59 21 8.2 -6.2
BRF VanEck Brazil Small-Cap ETF 11.1 66 14 11.1 -3.2
AVEE Avantis Emerging Markets Small Cap Equity ETF 8.9 42 38 9.6 -4.8
EWZS iShares MSCI Brazil Small-Cap ETF 8.1 59 21 10.0 -4.3
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 8.1 58 22 9.9 -4.5
EEMS iShares MSCI Emerging Markets Small Cap ETF 6.6 70 10 7.6 -6.8
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 6.5 59 21 8.4 -5.9
DVYE iShares Emerging Markets Dividend ETF 6.3 49 31 18.3 +3.9
EWX SPDR S&P Emerging Markets Small Cap ETF 5.9 65 15 7.8 -6.6
SDIV Global X Superdividend ETF 5.6 58 22 41.4 +27.0
EYLD Cambria Emerging Shareholder Yield ETF 5.6 66 14 12.1 -2.3
TUR iShares MSCI Turkey ETF 5.6 58 22 18.4 +4.1
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 4.9 90 -10 6.9 -7.5
AVES Avantis Emerging Markets Value ETF 4.5 36 44 10.7 -3.7
IDX VanEck Indonesia Index ETF 4.5 57 23 7.3 -7.1
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 4.1 44 36 10.4 -4.0
DEM WisdomTree Emerging Markets High Dividend Fund 4.0 63 17 13.4 -0.9
AVXC Avantis Emerging Markets Ex-China Equity ETF 3.4 33 47 8.2 -6.2
ECOW Pacer Emerging Markets Cash Cows 100 ETF 3.3 70 10 12.6 -1.7
AVEM Avantis Emerging Markets Equity ETF 2.9 33 47 8.1 -6.2
EDOG ALPS Emerging Sector Dividend Dogs ETF 2.7 60 20 10.6 -3.7
OBOR KraneShares MSCI One Belt One Road Index ETF 2.7 79 1 8.7 -5.7
DFEV Dimensional Emerging Markets Value ETF 2.7 43 37 12.6 -1.8
UEVM VictoryShares Emerging Markets Value Momentum ETF 2.6 45 35 10.5 -3.9
GVAL Cambria Global Value ETF 2.5 68 12 10.2 -4.2
DEXC Dimensional Emerging Markets ex China Core EquityETF 2.5 53 27 7.4 -7.0
EIDO iShares MSCI Indonesia ETF 2.5 59 21 8.2 -6.1
AVSE Avantis Responsible Emerging Markets Equity ETF 2.4 33 47 8.0 -6.4
DFEM Dimensional Emerging Markets Core Equity 2 ETF 2.4 38 42 8.8 -5.6
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 2.4 50 30 10.6 -3.8
CGV Conductor Global Equity Value ETF 2.3 130 -50 8.3 -6.1
VIDI Vident International Equity Strategy ETF 2.3 61 19 10.5 -3.9
FDEM Fidelity Emerging Markets Multifactor ETF 2.3 25 55 12.3 -2.1
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 2.3 8 72 6.0 -8.3
ECH iShares MSCI Chile ETF 2.1 58 22 8.0 -6.3
EWW iShares MSCI Mexico ETF 2.1 50 30 9.7 -4.6
EPHE iShares MSCI Philippines ETF 1.9 59 21 0.0 -14.4
EPOL iShares MSCI Poland ETF 1.9 59 21 10.7 -3.7
XCNY SPDR S&P Emerging Markets ex-China ETF 1.9 15 65 7.4 -7.0
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 1.8 95 -15 11.2 -3.1
FLLA Franklin FTSE Latin America ETF 1.7 19 61 12.6 -1.8
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 1.7 41 39 8.3 -6.1
RNEM First Trust Emerging Markets Equity Select ETF 1.5 75 5 7.6 -6.7
FLMX Franklin FTSE Mexico ETF 1.4 19 61 10.1 -4.3
GOEX Global X Gold Explorers ETF 1.4 65 15 2.8 -11.6
EDIV SPDR S&P Emerging Markets Dividend ETF 1.4 49 31 11.9 -2.4
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 1.4 39 41 15.5 +1.1
EMMF WisdomTree Emerging Markets Multifactor Fund 1.3 48 32 7.2 -7.2
CUT Invesco MSCI Global Timber ETF 1.3 61 19 11.0 -3.4
EMGF iShares Emerging Markets Equity Factor ETF 1.3 25 55 10.9 -3.4
DFAE Dimensional Emerging Core Equity Market ETF 1.3 35 45 8.8 -5.6
RING iShares MSCI Global Gold Miners ETF 1.3 39 41 4.1 -10.2
IEMG iShares Core MSCI Emerging Markets ETF 1.3 9 71 9.8 -4.6
VWO Vanguard FTSE Emerging Markets ETF 1.3 7 73 9.8 -4.6
ROAM Hartford Multifactor Emerging Markets ETF 1.2 44 36 11.5 -2.9
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 1.2 88 -8 8.2 -6.2
FLTW Franklin FTSE Taiwan ETF 1.2 19 61 6.1 -8.3
BLDG Cambria Global Real Estate ETF 1.1 60 20 11.8 -2.5
RODE Hartford Multifactor Diversified International ETF 1.1 29 51 11.5 -2.9
PXH Invesco FTSE RAFI Emerging Markets ETF 1.1 49 31 15.0 +0.7
FLBR Franklin FTSE Brazil ETF 1.0 19 61 14.2 -0.2
SPEM SPDR Portfolio Emerging Markets ETF 1.0 7 73 10.0 -4.3
WOOD iShares Global Timber & Forestry ETF 1.0 42 38 12.7 -1.7
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.9 10 70 7.9 -6.4
FRDM Freedom 100 Emerging Markets ETF 0.9 49 31 7.6 -6.8
XC WisdomTree Emerging Markets Ex-China Fund 0.9 32 48 6.2 -8.2
GXC SPDR S&P China ETF 0.9 59 21 14.6 +0.2
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.8 72 8 -0.9 -15.3
ION ProShares S&P Global Core Battery Metals ETF 0.8 58 22 8.2 -6.1
NIKL Sprott Nickel Miners ETF 0.8 75 5 8.8 -5.5
GMF SPDR S&P Emerging Asia Pacific ETF 0.8 49 31 9.0 -5.3
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.8 45 35 9.7 -4.7
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.8 45 35 4.0 -10.3
EELV Invesco S&P Emerging Markets Low Volatility ETF 0.8 29 51 9.2 -5.2
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.8 30 50 7.6 -6.7
FNDC Schwab Fundamental International Small Co. Index ETF 0.7 39 41 5.7 -8.7
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.7 12 68 8.0 -6.4
GOAU U.S. Global GO GOLD and Precious Metal Miners ETF 0.7 60 20 3.7 -10.7
SCHE Schwab Emerging Markets Equity ETF 0.7 11 69 10.4 -4.0
FTRI First Trust Indxx Global Natural Resources Income ETF 0.7 70 10 7.5 -6.9
EFRA iShares Environmental Infrastructure and Industrials ETF 0.7 47 33 5.2 -9.2
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.6 58 22 4.3 -10.0
EVLU iShares MSCI Emerging Markets Value Factor ETF 0.6 35 45 16.4 +2.0
GINN Goldman Sachs Innovate Equity ETF 0.6 52 28 3.4 -10.9
BCOR Grayscale Bitcoin Adopters ETF 0.6 59 21 2.2 -12.2
BOTZ Global X Robotics & Artificial Intelligence ETF 0.6 69 11 2.1 -12.3
JHEM John Hancock Multifactor Emerging Markets ETF 0.6 49 31 9.5 -4.9
SGDJ Sprott Junior Gold Miners ETF 0.6 50 30 3.6 -10.7
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.6 47 33 8.0 -6.3
VEGI iShares MSCI Agriculture Producers ETF 0.6 39 41 8.9 -5.5
IQDF FlexShares International Quality Dividend Index Fund 0.6 47 33 8.7 -5.6
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.6 24 56 7.4 -7.0
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.5 15 65 7.3 -7.0
SMIN iShares MSCI India Small Cap ETF 0.5 79 1 4.0 -10.3
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.5 32 48 8.6 -5.8
BKEM BNY Mellon Emerging Markets Equity ETF 0.5 11 69 9.4 -5.0
EZA iShares MSCI South Africa ETF 0.5 58 22 9.4 -5.0
EWZ iShares MSCI Brazil ETF 0.5 58 22 12.8 -1.6
ICLN iShares Global Clean Energy ETF 0.5 41 39 4.5 -9.9
CGGO Capital Group Global Growth Equity ETF 0.5 47 33 4.4 -9.9
BRAZ Global X Brazil Active ETF 0.5 75 5 12.3 -2.1
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.5 36 44 9.1 -5.3
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.5 15 65 9.6 -4.7
IPAV Global X Infrastructure Development ex-U.S. ETF 0.5 55 25 7.4 -6.9
FLAX Franklin FTSE Asia Ex Japan ETF 0.5 19 61 8.6 -5.8
FTAG First Trust Indxx Global Agriculture ETF 0.5 70 10 8.6 -5.8
KGRN KraneShares MSCI China Clean Technology Index ETF 0.4 79 1 0.3 -14.1
CCNR ALPS CoreCommodity Natural Resources ETF 0.4 39 41 10.1 -4.3
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 0.4 61 19 1.1 -13.3
NERD Roundhill Video Games ETF 0.4 50 30 3.1 -11.2
SATO Invesco Alerian Galaxy Crypto Economy ETF 0.4 61 19 -1.7 -16.1
IXUS iShares Core MSCI Total International Stock ETF 0.4 7 73 7.6 -6.8
VSGX Vanguard ESG International Stock ETF 0.4 10 70 7.4 -7.0
DEHP Dimensional Emerging Markets High Profitability ETF 0.4 41 39 6.3 -8.1
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.4 33 47 9.3 -5.0
VXUS Vanguard Total International Stock ETF 0.4 5 75 7.6 -6.8
EEMO Invesco S&P Emerging Markets Momentum ETF 0.4 29 51 6.4 -8.0
AFK VanEck Africa Index ETF 0.3 98 -18 11.5 -2.9
SCHC Schwab International Small-Cap Equity ETF 0.3 11 69 6.5 -7.9
LDEM iShares ESG MSCI EM Leaders ETF 0.3 17 63 13.3 -1.1
EWT iShares MSCI Taiwan ETF 0.3 58 22 6.0 -8.3
FLCH Franklin FTSE China ETF 0.3 19 61 15.0 +0.7
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.3 66 14 8.8 -5.6
JETS U.S. Global Jets ETF 0.3 60 20 2.8 -11.6
SDG iShares MSCI Global Sustainable Development Goals ETF 0.3 49 31 5.7 -8.7
ILF iShares Latin America 40 ETF 0.3 48 32 12.2 -2.1
AVRE Avantis Real Estate ETF 0.3 17 63 7.1 -7.2
DFGR Dimensional Global Real Estate ETF 0.3 22 58 7.4 -7.0
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.3 39 41 7.7 -6.6
XCEM Columbia EM Core ex-China ETF 0.3 16 64 7.7 -6.7
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.3 32 48 15.2 +0.8
ERTH Invesco MSCI Sustainable Future ETF 0.3 62 18 3.5 -10.9
VYMI Vanguard International High Dividend Yield ETF 0.3 17 63 9.4 -4.9
CQQQ Invesco China Technology ETF 0.3 70 10 11.7 -2.6
CGW Invesco S&P Global Water Index ETF 0.3 57 23 4.6 -9.8
HERO Global X Video Games & Esports ETF 0.3 50 30 3.9 -10.5
SOCL Global X Social Media ETF 0.3 65 15 8.9 -5.4
DEW WisdomTree Global High Dividend Fund 0.3 58 22 8.3 -6.0
EMXC iShares MSCI Emerging Markets ex China ETF 0.2 25 55 7.0 -7.3
PICK iShares MSCI Global Metals & Mining Producers ETF 0.2 39 41 11.4 -3.0
ESGE iShares ESG Aware MSCI EM ETF 0.2 25 55 9.5 -4.9
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.2 30 50 8.8 -5.6
FILL iShares MSCI Global Energy Producers ETF 0.2 39 41 11.5 -2.8
EMXF iShares ESG Advanced MSCI EM ETF 0.2 16 64 8.0 -6.3
ISCF iShares International SmallCap Equity Factor ETF 0.2 23 57 8.0 -6.3
EEM iShares MSCI Emerging Markets ETF 0.2 69 11 9.5 -4.8
GLOF iShares Global Equity Factor ETF 0.2 20 60 6.3 -8.1
VEU Vanguard FTSE All-World ex-US Index Fund 0.2 4 76 7.8 -6.6
AQWA Global X Clean Water ETF 0.2 50 30 4.9 -9.5
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.2 30 50 9.6 -4.8
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 0.2 32 48 6.6 -7.8
BJK VanEck Gaming ETF 0.2 65 15 4.5 -9.9
ARVR First Trust Indxx Metaverse ETF 0.2 70 10 3.8 -10.6
IPKW Invesco International BuyBack Achievers ETF 0.2 55 25 12.5 -1.9
FINX Global X FinTech ETF 0.2 68 12 2.1 -12.3
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 31 6.7 -7.6
IDRV iShares Self-driving EV & Tech ETF 0.1 47 33 1.7 -12.7
PBD Invesco Global Clean Energy ETF 0.1 75 5 -0.4 -14.7
EV Mast Global Battery Recycling & Production ETF 0.1 65 15 10.6 -3.8
VT Vanguard Total World Stock ETF 0.1 6 74 5.7 -8.7
REET iShares Global REIT ETF 0.1 14 66 7.3 -7.0
IGRO iShares International Dividend Growth ETF 0.1 15 65 7.2 -7.2
JSTC Adasina Social Justice All Cap Global ETF 0.1 89 -9 4.8 -9.6
EEMA iShares MSCI Emerging Markets Asia ETF 0.1 49 31 9.4 -5.0
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.1 42 38 6.9 -7.4
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.1 46 34 9.8 -4.6
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.1 18 62 7.7 -6.7
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.1 70 10 8.6 -5.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 71 5.5 -8.9
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.1 41 39 7.0 -7.3
IGPT Invesco AI and Next Gen Software ETF 0.1 60 20 3.6 -10.7
BKF iShares MSCI BIC ETF 0.1 69 11 13.1 -1.3
ACWX iShares MSCI ACWI ex U.S. ETF 0.1 34 46 7.4 -7.0
MXI iShares Global Materials ETF 0.1 41 39 7.5 -6.8
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 33 5.7 -8.6
GGME Invesco Next Gen Media and Gaming ETF 0.1 60 20 4.2 -10.2
MCHI iShares MSCI China ETF 0.0 59 21 16.6 +2.2
SPEU SPDR Portfolio Europe ETF 0.0 7 73 7.3 -7.1
VGK Vanguard FTSE Europe ETF 0.0 6 74 7.3 -7.0
PATN Pacer Nasdaq International Patent Leaders ETF 0.0 65 15 5.5 -8.8
FNDF Schwab Fundamental International Large Co. Index ETF 0.0 25 55 9.2 -5.2
CWI SPDR MSCI ACWI ex-US ETF 0.0 30 50 7.3 -7.1
VEA Vanguard FTSE Developed Markets ETF 0.0 3 77 7.0 -7.4
ACWI iShares MSCI ACWI ETF 0.0 32 48 5.3 -9.1
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 35 8.5 -5.8
VPL Vanguard FTSE Pacific ETF 0.0 7 73 6.5 -7.9
EPI WisdomTree India Earnings Fund 0.0 85 -5 5.1 -9.2

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

  2020 2021 2022 2023 2024 2025E 2026E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2024 2025E 2026E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 First Trust Emerging Markets 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 13.7 %
Divided by: Fwd. P/BV 0.9 x
Less: Expense ratio 80 bp
Equals: ALTAR Score 14.4 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.58 CATEGORY
AVERAGE		 1.51
 
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.