SPDR EURO STOXX 50 ETF
ALTAR
Score™		 7.1% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 15.1x P/Sales
ratio		 1.7x
P/BV
ratio		 2.4x Div.
yield		 2.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
DJ EURO STOXX 50 Fund is an exchange-traded fund which represents a passive management strategy designed to track the performance of the Dow Jones EURO STOXX 50 Index. The Dow Jones STOXX 50 Index represents the performance of the 50 largest companies, across all components the 19 Dow Jones EURO STOXX 600 market sector indices.

FUND BASICS
Category International Equities
Fund Sponsor SSGA Funds Management Inc
Website www.spdrs.com
Inception date Oct 15, 2002
Assets (mns) $4,578
Currency USD
Expense ratio 29 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian State Street Bank & Trust
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 50
Wgt avg mkt cap (mns) $143,829
Large cap (>$10bn) 100.0%
Mid cap ($2-10bn) 0.0%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
SAP AG 7.2 %
ASML HOLDING NV 6.6 %
SIEMENS AG-REG 4.3 %
ALLIANZ SE-REG 3.8 %
LVMH MOET HENNESSY LOUIS VUI 3.4 %
SCHNEIDER ELECTRIC SA 3.3 %
TOTAL SA 3.2 %
DEUTSCHE TELEKOM AG 3.1 %
SANOFI-AVENTIS 2.9 %
AIR LIQUIDE SA 2.9 %
Total 40.7 %

TOP COUNTRY EXPOSURE
FRANCE 34.7 %
GERMANY 29.0 %
NETHERLANDS 15.0 %
SPAIN 8.5 %
ITALY 7.9 %
FINLAND 1.7 %
BELGIUM 1.7 %
BRITAIN 0.5 %



HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru April 30)
Year-to-date 1 year 5 years 10 years Since Incep.
16.8% 14.0% 15.7% 6.5% 6.9%

Market Correlations
versus... Beta R-squared
S&P500 0.99 58%
MSCI EAFE 1.18 85%
MSCI Emg. Mkts. 0.94 54%

Technical Indicators
Recent close $58.80
30d moving avg. $54.55
Annualized volatility 21.7%
Short interest (ETF) 4.7%
Relative strength (RSI) 59

Liquidity measures
Avg. volume (thou.) 1,975
Turnover 2.5%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $5,725

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 311 potential alternatives to the SPDR EURO STOXX 50 ETF ETF based on the alternatives' overlap in portfolio holdings with FEZ. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FEZ Expense: 29 bp ALTAR Score™: 7.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FEZ
Ticker Fund
Name		 Overlap1
vs FEZ
(%)		 Expense
ratio
(bp)		 Savings
vs FEZ
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs FEZ
(%)
EZU iShares MSCI Eurozone ETF 64.7 52 -23 6.8 -0.3
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 58.0 45 -16 6.7 -0.4
HEDJ WisdomTree Europe Hedged Equity Fund 41.7 58 -29 6.4 -0.7
EWQ iShares MSCI France ETF 36.9 53 -24 7.1 0.0
IEV iShares Europe ETF 34.9 67 -38 6.9 -0.2
OEUR ALPS O'Shares Europe Quality Dividend ETF 34.2 48 -19 5.9 -1.2
BBEU JPMorgan BetaBuilders Europe ETF 32.7 9 20 7.2 +0.1
DBEU Xtrackers MSCI Europe Hedged Equity ETF 32.0 46 -17 6.6 -0.5
IEUR iShares Core MSCI Europe ETF 30.8 11 18 7.4 +0.3
SPEU SPDR Portfolio Europe ETF 30.0 7 22 7.4 +0.3
FLEE Franklin FTSE Europe ETF 29.5 9 20 7.3 +0.2
VGK Vanguard FTSE Europe ETF 29.1 11 18 7.4 +0.3
DAX Global X DAX Germany ETF 29.0 21 8 6.6 -0.5
EWG iShares MSCI Germany ETF 29.0 50 -21 6.3 -0.8
CEFA Global X S&P Catholic Values Developed ex-US ETF 28.3 35 -6 6.8 -0.3
STXI Strive International Developed Markets ETF 27.1 29 0 7.1 -0.0
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 26.9 25 4 7.4 +0.3
FLGR Franklin FTSE Germany ETF 26.8 9 20 6.8 -0.4
DOL WisdomTree International LargeCap Dividend Fund 26.0 48 -19 7.5 +0.4
JIRE JPMorgan International Research Enhanced Equity ETF 26.0 24 5 7.4 +0.2
OSEA Harbor International Compounders ETF 25.2 55 -26 4.7 -2.5
EUFN iShares MSCI Europe Financials ETF 24.4 51 -22 8.3 +1.2
FENI Fidelity Enhanced International ETF 24.3 28 1 6.9 -0.2
CGIE Capital Group International Equity ETF 24.3 54 -25 5.0 -2.1
PATN Pacer Nasdaq International Patent Leaders ETF 24.0 65 -36 6.6 -0.5
DIVI Franklin International Core Dividend Tilt Index ETF 23.8 9 20 8.2 +1.1
EFV iShares MSCI EAFE Value ETF 23.6 34 -5 9.4 +2.3
ESGD iShares ESG Aware MSCI EAFE ETF 23.2 20 9 7.0 -0.1
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 23.1 20 9 6.5 -0.6
EFA iShares MSCI EAFE ETF 22.9 35 -6 7.0 -0.1
IVLU iShares MSCI Intl Value Factor ETF 22.6 30 -1 11.0 +3.9
IDMO Invesco S&P International Developed Momentum ETF 22.4 25 4 5.5 -1.6
EFG iShares MSCI EAFE Growth ETF 22.1 36 -7 4.4 -2.7
BKCI BNY Mellon Concentrated International ETF 21.7 80 -51 5.1 -2.1
IDHQ Invesco S&P International Developed High Quality ETF 21.5 29 0 6.7 -0.4
IQLT iShares MSCI Intl Quality Factor ETF 21.2 30 -1 6.3 -0.8
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 21.1 36 -7 6.7 -0.4
GSID Goldman Sachs MarketBeta International Equity ETF 20.7 20 9 7.2 +0.0
RFEU First Trust Riverfront Dynamic Europe ETF 20.6 83 -54 10.6 +3.4
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 20.5 14 15 6.4 -0.7
UMMA Wahed Dow Jones Islamic World ETF 20.5 65 -36 5.3 -1.9
IMFL Invesco International Developed Dynamic Multifactor ETF 20.4 34 -5 6.0 -1.1
IQSI IQ Candriam International Equity ETF 20.2 15 14 6.7 -0.4
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 20.2 9 20 9.3 +2.2
HFXI IQ FTSE International Equity Currency Neutral ETF 20.2 20 9 7.3 +0.1
DMXF iShares ESG Advanced MSCI EAFE ETF 20.0 12 17 5.5 -1.6
IEFA iShares Core MSCI EAFE ETF 19.5 7 22 7.3 +0.2
DTAN Sparkline International Intangible Value ETF 19.5 55 -26 8.4 +1.3
EUDG WisdomTree Europe Quality Dividend Growth Fund 19.3 58 -29 6.8 -0.3
QEFA SPDR MSCI EAFE StrategicFactors ETF 19.3 30 -1 7.1 0.0
JHMD John Hancock Multifactor Developed International ETF 19.3 39 -10 7.8 +0.7
IMTM iShares MSCI Intl Momentum Factor ETF 19.3 30 -1 5.5 -1.6
NUDM Nuveen ESG International Developed Markets Equity ETF 19.3 31 -2 6.5 -0.6
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 18.8 20 9 6.7 -0.4
FIVA Fidelity International Value Factor ETF 18.6 18 11 10.5 +3.4
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 18.6 45 -16 9.2 +2.1
DWM WisdomTree International Equity Fund 18.6 48 -19 7.7 +0.6
BKIE BNY Mellon International Equity ETF 18.5 4 25 7.3 +0.2
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 18.5 40 -11 7.7 +0.6
SCHF Schwab International Equity ETF 18.2 6 23 7.6 +0.5
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 18.1 12 17 6.3 -0.9
IDEV iShares Core MSCI International Developed Markets ETF 17.3 4 25 7.3 +0.2
DTH WisdomTree International High Dividend Fund 17.3 58 -29 9.1 +2.0
FNDF Schwab Fundamental International Large Co. Index ETF 17.2 25 4 10.0 +2.9
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 16.8 32 -3 6.0 -1.2
VWID Virtus WMC International Dividend ETF 16.5 49 -20 8.9 +1.8
CGXU Capital Group International Focus Equity ETF 16.4 54 -25 5.8 -1.3
INTF iShares International Equity Factor ETF 16.1 15 14 7.9 +0.8
VEA Vanguard FTSE Developed Markets ETF 16.0 5 24 7.5 +0.4
DIHP Dimensional International High Profitability ETF 15.9 29 0 7.3 +0.2
SPDW SPDR Portfolio Developed World ex-US ETF 15.9 3 26 7.4 +0.3
JIG JPMorgan International Growth ETF 15.6 55 -26 4.7 -2.4
LVHI Franklin International Low Volatility High Dividend Index ET 15.6 40 -11 10.8 +3.7
GSIE Goldman Sachs ActiveBeta International Equity ETF 15.5 25 4 7.4 +0.2
CWI SPDR MSCI ACWI ex-US ETF 15.4 30 -1 8.0 +0.9
RFDI First Trust Riverfront Dynamic Developed International ETF 15.2 83 -54 9.8 +2.7
IPKW Invesco International BuyBack Achievers ETF 15.0 55 -26 14.5 +7.4
FIDI Fidelity International High Dividend ETF 15.0 18 11 9.2 +2.1
DFAI Dimensional International Core Equity Market ETF 14.5 18 11 7.5 +0.3
ACWX iShares MSCI ACWI ex U.S. ETF 14.5 34 -5 8.0 +0.9
PPIE Putnam PanAgora ESG International Equity ETF 14.4 49 -20 7.6 +0.5
FGM First Trust Germany AlphaDEX Fund 14.3 80 -51 8.3 +1.2
CGGO Capital Group Global Growth Equity ETF 14.2 47 -18 4.9 -2.2
IDOG ALPS International Sector Dividend Dogs ETF 14.1 50 -21 12.6 +5.5
EFAV iShares MSCI EAFE Min Vol Factor ETF 14.1 22 7 5.8 -1.3
VYMI Vanguard International High Dividend Yield ETF 13.3 22 7 9.9 +2.8
EUDV ProShares MSCI Europe Dividend Growers ETF 13.3 55 -26 5.8 -1.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 13.3 41 -12 7.7 +0.6
INEQ Columbia International Equity Income ETF 13.2 45 -16 8.7 +1.6
DFIV Dimensional International Value ETF 13.1 27 2 10.2 +3.1
GXUS Goldman Sachs MarketBeta Total International Equity ETF 13.0 18 11 8.0 +0.9
SCHY Schwab International Dividend Equity ETF 12.9 14 15 9.7 +2.6
IGRO iShares International Dividend Growth ETF 12.9 15 14 7.3 +0.2
EWN iShares MSCI Netherlands ETF 12.8 50 -21 5.6 -1.5
FEUZ First Trust Eurozone AlphaDEX ETF 12.8 80 -51 9.6 +2.5
VEU Vanguard FTSE All-World ex-US Index Fund 12.8 8 21 8.4 +1.3
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 12.5 58 -29 6.8 -0.3
IQDG WisdomTree International Quality Dividend Growth Fund 12.5 42 -13 7.1 -0.0
JHID John Hancock International High Dividend ETF 12.4 46 -17 11.0 +3.9
JGLO JPMorgan Global Select Equity ETF 12.4 33 -4 5.1 -2.0
IXUS iShares Core MSCI Total International Stock ETF 12.4 7 22 8.2 +1.1
LEGR First Trust Indxx Innovative Transaction & Process ETF 12.3 65 -36 8.2 +1.1
DFSI Dimensional International Sustainability Core 1 ETF 12.1 24 5 6.6 -0.5
VXUS Vanguard Total International Stock ETF 11.9 7 22 8.2 +1.1
CLNR IQ Cleaner Transport ETF 11.8 45 -16 6.9 -0.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 11.7 39 -10 8.6 +1.5
DGT SPDR Global Dow ETF 11.7 50 -21 7.5 +0.3
ICOW Pacer Developed Markets International Cash Cows 100 ETF 11.6 65 -36 12.1 +4.9
AVIV Avantis International Large Cap Value ETF 11.5 25 4 9.1 +2.0
VIGI Vanguard International Dividend Appreciation ETF 11.4 15 14 6.2 -0.9
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 11.1 80 -51 5.5 -1.6
LUX Tema Luxury ETF 10.7 75 -46 4.3 -2.8
OCEN IQ Clean Oceans ETF 10.5 45 -16 6.6 -0.5
FICS First Trust International Developed Capital Strength ETF 10.5 70 -41 6.1 -1.0
CIL VictoryShares International Volatility Wtd ETF 10.5 45 -16 6.8 -0.3
VSGX Vanguard ESG International Stock ETF 10.5 12 17 8.0 +0.9
QINT American Century Quality Diversified International ETF 10.4 39 -10 7.6 +0.4
DFIC Dimensional International Core Equity 2 ETF 10.1 23 6 7.8 +0.7
IQDF FlexShares International Quality Dividend Index Fund 9.9 47 -18 9.3 +2.2
AVSD Avantis Responsible International Equity ETF 9.8 23 6 5.9 -1.3
RCGE RockCreek Global Equality ETF 9.4 95 -66 6.4 -0.7
RXI iShares Global Consumer Discretionary ETF 9.4 41 -12 8.9 +1.8
CGDG Capital Group Dividend Growers ETF 9.4 47 -18 6.3 -0.8
DWMF WisdomTree International Multifactor Fund 9.4 38 -9 7.0 -0.1
UIVM VictoryShares International Value Momentum ETF 9.4 35 -6 9.6 +2.5
EXI iShares Global Industrials ETF 9.3 42 -13 4.6 -2.5
IQDY FlexShares International Quality Dividend Dynamic Index Fund 9.3 47 -18 8.6 +1.4
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 9.3 80 -51 5.1 -2.1
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 9.1 39 -10 6.9 -0.2
PCGG Polen Capital Global Growth ETF 9.1 85 -56 3.7 -3.5
AVDE Avantis International Equity ETF 9.0 23 6 7.9 +0.8
BINV Brandes International ETF 8.9 70 -41 9.9 +2.8
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 8.8 42 -13 6.7 -0.4
FEP First Trust Europe AlphaDEX Fund 8.7 80 -51 9.6 +2.5
FDTX Fidelity Disruptive Technology ETF 8.7 50 -21 2.8 -4.3
OAIM OneAscent International Equity ETF 8.6 95 -66 6.2 -1.0
IDV iShares International Select Dividend ETF 8.6 51 -22 12.0 +4.9
EWP iShares MSCI Spain ETF 8.5 50 -21 7.7 +0.6
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 8.5 65 -36 3.7 -3.4
GSFP Goldman Sachs Future Planet Equity ETF 8.5 75 -46 4.7 -2.4
EFAD ProShares MSCI EAFE Dividend Growers ETF 8.3 50 -21 5.9 -1.2
ESGG FlexShares STOXX Global ESG Select Index Fund 8.3 42 -13 5.6 -1.5
EWI iShares MSCI Italy ETF 8.3 50 -21 10.0 +2.9
SHPP Pacer Industrials and Logistics ETF 8.2 60 -31 8.3 +1.2
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 8.1 47 -18 5.8 -1.4
WRND IQ Global Equity R&D Leaders ETF 8.1 18 11 8.9 +1.8
IOO iShares Global 100 ETF 8.0 41 -12 5.2 -1.9
DEW WisdomTree Global High Dividend Fund 7.9 58 -29 8.8 +1.7
IXG iShares Global Financials ETF 7.9 42 -13 6.8 -0.3
IDLV Invesco S&P International Developed Low Volatility ETF 7.6 25 4 6.6 -0.5
AGQI First Trust Active Global Quality Income ETF 7.5 85 -56 5.0 -2.1
FDD First Trust Stoxx European Select Dividend Index Fund 7.5 58 -29 12.0 +4.9
KOCG FIS Knights of Columbus Global Belief ETF 7.4 75 -46 5.1 -2.0
IMOM Alpha Architect International Quantitative Momentum ETF 7.4 49 -20 4.6 -2.5
RODM Hartford Multifactor Developed Markets (ex-US) ETF 7.2 29 0 8.1 +1.0
GCOW Pacer Global Cash Cows Dividend ETF 7.2 60 -31 11.1 +4.0
KLMT Invesco MSCI Global Climate 500 ETF 7.1 10 19 6.0 -1.1
IBAT iShares Energy Storage & Materials ETF 7.0 47 -18 5.6 -1.5
FINE Themes European Luxury ETF 6.9 35 -6 6.7 -0.4
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 6.9 79 -50 5.7 -1.4
DFAX Dimensional World ex U.S. Core Equity 2 ETF 6.8 30 -1 8.4 +1.3
KXI iShares Global Consumer Staples ETF 6.7 41 -12 5.4 -1.7
QWLD SPDR MSCI World StrategicFactors ETF 6.7 30 -1 6.2 -1.0
MOTO SmartETFs Smart Transportation & Technology ETF 6.6 68 -39 7.6 +0.5
FDEV Fidelity International Multifactor ETF 6.6 18 11 7.7 +0.5
CLOD Themes Cloud Computing ETF 6.5 35 -6 3.0 -4.2
TEMP JPMorgan Climate Change Solutions ETF 6.5 49 -20 5.9 -1.2
DSTX Distillate International Fundamental Stability & Value ETF 6.4 55 -26 8.4 +1.3
RODE Hartford Multifactor Diversified International ETF 6.4 29 0 11.0 +3.9
TPIF Timothy Plan International ETF 6.4 62 -33 6.4 -0.7
WWJD Inspire International ETF 6.3 80 -51 7.4 +0.2
TOK iShares MSCI Kokusai ETF 6.2 26 3 5.3 -1.8
CZAR Themes Natural Monopoly ETF 6.2 35 -6 5.6 -1.5
FEOE First Eagle Overseas Equity ETF 6.1 79 -50 8.4 +1.2
MOTG VanEck Morningstar Global Wide Moat ETF 6.0 52 -23 6.9 -0.2
JPIN J.P. Morgan Diversified Return International Equity ETF 5.9 37 -8 8.8 +1.7
URTH iShares MSCI World ETF 5.9 24 5 5.4 -1.7
EFAS Global X MSCI SuperDividend EAFE ETF 5.9 57 -28 8.4 +1.2
MOTI VanEck Morningstar International Moat ETF 5.9 58 -29 12.9 +5.8
VOLT Tema Electrification ETF 5.8 75 -46 3.1 -4.1
KOKU Xtrackers MSCI Kokusai Equity ETF 5.8 9 20 5.4 -1.7
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 5.7 58 -29 5.0 -2.1
FEGE First Eagle Global Equity ETF 5.4 79 -50 7.2 +0.1
DIVS SmartETFs Dividend Builder ETF 5.3 65 -36 5.0 -2.1
ACWI iShares MSCI ACWI ETF 5.3 32 -3 5.8 -1.3
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 5.2 25 4 6.0 -1.1
TINY ProShares Nanotechnology ETF 5.2 58 -29 5.4 -1.7
FYLD Cambria Foreign Shareholder Yield ETF 5.1 59 -30 12.1 +5.0
NETZ TCW Transform Systems ETF 5.1 75 -46 3.0 -4.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 5.0 9 20 6.1 -1.1
FDT First Trust Developed Markets ex-US AlphaDEX Fund 5.0 80 -51 10.5 +3.4
DWX SPDR S&P International Dividend ETF 4.7 45 -16 6.2 -0.9
NATO Themes Transatlantic Defense ETF 4.7 35 -6 2.8 -4.3
TTAI FCF International Quality ETF 4.6 59 -30 7.1 -0.0
CRBN iShares MSCI ACWI Low Carbon Target ETF 4.6 20 9 5.9 -1.2
FPAG FPA Global Equity ETF 4.6 49 -20 6.1 -1.1
VT Vanguard Total World Stock ETF 4.4 7 22 6.2 -1.0
RGEF Rockefeller Global Equity ETF 4.4 55 -26 5.1 -2.0
IBOT Vaneck Robotics ETF 4.3 47 -18 4.7 -2.4
BULD Pacer BlueStar Engineering the Future ETF 4.3 60 -31 1.6 -5.5
IXN iShares Global Tech ETF 4.3 41 -12 4.1 -3.0
PRNT 3D Printing ETF 4.2 66 -37 1.4 -5.7
CARZ First Trust NASDAQ Global Auto Index Fund 4.1 70 -41 6.0 -1.1
SMOG VanEck Low Carbon Energy ETF 4.1 61 -32 1.6 -5.6
IGF iShares Global Infrastructure ETF 4.1 41 -12 4.7 -2.4
JXI iShares Global Utilities ETF 4.1 43 -14 5.9 -1.2
GII SPDR S&P Global Infrastructure ETF 4.1 40 -11 4.7 -2.4
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 4.1 75 -46 8.1 +1.0
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 4.0 12 17 5.3 -1.8
HART IQ Healthy Hearts ETF 3.9 45 -16 6.6 -0.5
LOUP Innovator Deepwater Frontier Tech ETF 3.9 70 -41 1.4 -5.7
FAN First Trust Global Wind Energy ETF 3.9 60 -31 4.9 -2.2
MXI iShares Global Materials ETF 3.9 41 -12 8.0 +0.9
FILL iShares MSCI Global Energy Producers ETF 3.9 39 -10 12.3 +5.2
IXC iShares Global Energy ETF 3.9 44 -15 10.7 +3.6
GNR SPDR S&P Global Natural Resources ETF 3.9 40 -11 11.7 +4.6
BLLD JPMorgan Sustainable Infrastructure ETF 3.8 49 -20 6.2 -1.0
FID First Trust S&P International Dividend Aristocrats ETF 3.7 60 -31 8.5 +1.4
RAYD Rayliant Quantitative Developed Market Equity ETF 3.6 80 -51 4.6 -2.5
AIQ Global X Artificial Intelligence & Technology ETF 3.6 68 -39 4.2 -3.0
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 3.6 46 -17 10.6 +3.5
VCLN Virtus Duff & Phelps Clean Energy ETF 3.5 59 -30 5.8 -1.3
WBAT WisdomTree Battery Value Chain and Innovation Fund 3.5 45 -16 4.4 -2.7
KNO AXS Knowledge Leaders ETF 3.5 78 -49 6.1 -1.0
FGD First Trust Dow Jones Global Select Dividend Index Fund 3.5 56 -27 12.3 +5.2
FBOT Fidelity Disruptive Automation ETF 3.5 50 -21 3.8 -3.4
VIDI Vident International Equity Strategy ETF 3.3 61 -32 11.3 +4.2
TEKX SPDR Galaxy Transformative Tech Accelerators ETF 3.3 65 -36 -1.5 -8.6
GLBL Pacer MSCI World Industry Advantage ETF 3.3 65 -36 4.5 -2.6
ISHP First Trust Nasdaq Retail ETF 3.3 60 -31 5.8 -1.3
WDIV SPDR S&P Global Dividend ETF 3.3 40 -11 9.7 +2.6
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 3.3 60 -31 3.8 -3.3
BLES Inspire Global Hope ETF 3.3 61 -32 6.9 -0.2
IXJ iShares Global Healthcare ETF 3.2 42 -13 7.2 +0.1
AIVI WisdomTree International AI Enhanced Value Fund 3.2 58 -29 7.4 +0.3
GVAL Cambria Global Value ETF 3.1 68 -39 11.1 +4.0
HAP VanEck Natural Resources ETF 3.1 50 -21 10.1 +3.0
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 3.1 24 5 7.7 +0.6
WLDR Affinity World Leaders Equity ETF 3.0 67 -38 7.9 +0.8
GLOF iShares Global Equity Factor ETF 3.0 20 9 6.9 -0.2
DTEC ALPS Disruptive Technologies ETF 3.0 50 -21 3.8 -3.3
IVEG iShares Emergent Food and AgTech Multisector ETF 3.0 47 -18 9.0 +1.8
IDNA iShares Genomics Immunology and Healthcare ETF 2.9 47 -18 -2.1 -9.2
IXP iShares Global Comm Services ETF 2.9 42 -13 6.3 -0.8
RSHO Tema American Reshoring ETF 2.9 75 -46 4.9 -2.2
COPY Tweedy, Browne Insider + Value ETF 2.8 80 -51 12.6 +5.5
FDNI First Trust Dow Jones International Internet ETF 2.8 65 -36 19.3 +12.1
ROBO ROBO Global Robotics & Automation Index ETF 2.7 95 -66 3.8 -3.3
IVAL Alpha Architect International Quantitative Value ETF 2.6 49 -20 11.5 +4.4
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 2.6 65 -36 3.2 -3.9
BWEB Bitwise Web3 ETF 2.6 85 -56 0.2 -7.0
IVES Wedbush ETFMG Global Cloud Technology ETF 2.5 68 -39 8.3 +1.2
QTUM Defiance Quantum ETF 2.5 40 -11 6.6 -0.5
ICLN iShares Global Clean Energy ETF 2.4 41 -12 6.0 -1.1
NBCC Neuberger Berman Next Generation Connected Consumer ETF 2.4 56 -27 2.6 -4.5
KNCT Invesco Next Gen Connectivity ETF 2.4 40 -11 5.2 -1.9
XT iShares Exponential Technologies ETF 2.4 46 -17 5.6 -1.5
AIVC Amplify Bloomberg AI Value Chain ETF 2.2 59 -30 6.5 -0.6
WAR U.S. Global Tech and Aerospace & Defense ETF 2.2 60 -31 3.7 -3.4
SNSR Global X Internet of Things ETF 2.1 68 -39 4.6 -2.6
DRIV Global X Autonomous & Electric Vehicles ETF 2.1 68 -39 6.6 -0.5
UFO Procure Space ETF 2.0 75 -46 -1.8 -8.9
FRNW Fidelity Clean Energy ETF 2.0 39 -10 4.3 -2.8
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 2.0 46 -17 5.5 -1.7
IPAV Global X Infrastructure Development ex-U.S. ETF 2.0 55 -26 7.9 +0.7
OGIG ALPS O'Shares Global Internet Giants ETF 2.0 48 -19 1.6 -5.5
FPXE First Trust IPOX Europe Equity Opportunities ETF 2.0 70 -41 4.9 -2.2
GINN Goldman Sachs Innovate Equity ETF 1.9 52 -23 4.1 -3.0
EFNL iShares MSCI Finland ETF 1.7 56 -27 7.2 +0.1
IDAT iShares Future Cloud 5G and Tech ETF 1.7 47 -18 5.0 -2.1
NXTG First Trust Indxx NextG ETF 1.7 70 -41 5.6 -1.5
FTAG First Trust Indxx Global Agriculture ETF 1.7 70 -41 8.4 +1.3
EWK iShares MSCI Belgium ETF 1.6 50 -21 4.7 -2.5
DINT Davis Select International ETF 1.5 55 -26 8.2 +1.1
DWLD Davis Select Worldwide ETF 1.5 63 -34 7.6 +0.5
INFL Horizon Kinetics Inflation Beneficiaries ETF 1.5 85 -56 3.9 -3.2
BCDF Horizon Kinetics Blockchain Development ETF 1.5 85 -56 4.0 -3.1
ACWV iShares MSCI Global Min Vol Factor ETF 1.4 20 9 5.8 -1.3
IQRA IQ CBRE Real Assets ETF 1.4 65 -36 5.7 -1.4
TOLL Tema Monopolies and Oligopolies ETF 1.4 75 -46 3.7 -3.4
DFNL Davis Select Financial ETF 1.3 63 -34 7.8 +0.7
BPAY BlackRock Future Financial and Technology ETF 1.3 70 -41 7.3 +0.2
FDFF Fidelity Disruptive Finance ETF 1.3 50 -21 4.1 -3.1
FINX Global X FinTech ETF 1.3 68 -39 2.5 -4.7
ARKF ARK Fintech Innovation ETF 1.3 75 -46 -0.4 -7.5
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 1.3 75 -46 4.4 -2.7
TOGA Tremblant Global ETF 1.3 69 -40 1.7 -5.4
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.2 61 -32 1.4 -5.7
FDRV Fidelity Electric Vehicles and Future Transportation ETF 1.1 39 -10 -1.2 -8.3
CCNR ALPS CoreCommodity Natural Resources ETF 1.1 39 -10 12.1 +5.0
IBUY Amplify Online Retail ETF 1.1 65 -36 3.0 -4.2
ARKX ARK Space Exploration & Innovation ETF 1.0 75 -46 -0.4 -7.5
ABLG Abacus FCF International Leaders ETF 1.0 59 -30 6.2 -0.9
SUPL ProShares Supply Chain Logistics ETF 1.0 58 -29 10.7 +3.6
FDRR Fidelity Dividend ETF for Rising Rates 1.0 15 14 7.6 +0.5
JETS U.S. Global Jets ETF 0.9 60 -31 3.8 -3.3
JSTC Adasina Social Justice All Cap Global ETF 0.8 89 -60 4.5 -2.6
ANEW ProShares MSCI Transformational Changes ETF 0.7 45 -16 6.2 -0.9
IQM Franklin Intelligent Machines ETF 0.7 50 -21 2.3 -4.9
BUYZ Franklin Disruptive Commerce ETF 0.6 50 -21 2.3 -4.8
WDNA WisdomTree BioRevolution Fund 0.6 45 -16 -1.7 -8.8
KROP Global X AgTech & Food Innovation ETF 0.6 50 -21 6.3 -0.8
MOO VanEck Agribusiness ETF 0.6 53 -24 10.5 +3.4
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.6 60 -31 12.3 +5.2
TRFK Pacer Data and Digital Revolution ETF 0.6 60 -31 3.5 -3.6
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.6 33 -4 10.5 +3.4
CGGR Capital Group Growth ETF 0.6 39 -10 3.4 -3.7
IDRV iShares Self-driving EV & Tech ETF 0.6 47 -18 2.5 -4.6
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.3 68 -39 0.3 -6.8
FNDC Schwab Fundamental International Small Co. Index ETF 0.2 39 -10 6.2 -0.9
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 0.1 40 -11 7.2 +0.1

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:		 SPDR EURO STOXX 50 ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 17.0 %
Divided by: Fwd. P/BV 2.3 x
Less: Expense ratio 29 bp
Equals: ALTAR Score 7.1 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.57 CATEGORY
AVERAGE		 1.61
 
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.