First Trust S&P International Dividend Aristocrats ETF
ALTAR
Score™
9.6% info Recommen-
dation
SPECULATIVE
2020E    2021E
P/E
ratio
13.7x P/Sales
ratio
1.1x
P/BV
ratio
1.0x Div.
yield
5.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The First Trust S&P International Dividend Aristocrats ETF tracks an index of up to 100 high-dividend-yielding stocks from developed and emerging markets, ex-US. Constituents are selected and weighted by dividends, with screens for payout ratio and long-term dividend growth.

FUND BASICS
Category International Equities
Fund Sponsor First Trust
Website www.ftportfolios.com
Inception date Aug 23, 2013
Assets (mns) $16
Currency USD
Expense ratio 60 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Dividends
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 69
Wgt avg mkt cap (mns) $16,982
Large cap (>$10bn) 49.5%
Mid cap ($2-10bn) 46.4%
Small cap (<$2bn) 4.1%
Developed mkts 92.6%
Emerging mkts 7.4%

TOP TEN HOLDINGS
FREENET AG 2.6 %
JAPAN TOBACCO INC 2.4 %
ENAGAS 2.4 %
NOKIAN RENKAAT OYJ 2.1 %
EDP-ENERGIAS DE PORTUGAL SA 2.1 %
RED ELECTRICA CORP. SA 2.0 %
IG GROUP HOLDINGS PLC 2.0 %
HENGAN INTL GROUP CO LTD 2.0 %
AGL ENERGY LTD 1.9 %
BCE INC. 1.9 %
Total 21.1 %

TOP COUNTRY EXPOSURE
CANADA 22.6 %
JAPAN 13.5 %
HONG KONG 9.9 %
AUSTRALIA 6.9 %
FRANCE 5.9 %
FINLAND 5.2 %
SOUTH KOREA 4.7 %
SWEDEN 4.6 %
BRITAIN 4.6 %
SPAIN 4.4 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-24.2% -12.5% -- -- -9.0%

Market Correlations
versus... Beta R-squared
S&P500 0.90 73%
MSCI EAFE 1.08 87%
MSCI Emg. Mkts. 0.90 87%

Technical Indicators
Recent close $14.76
30d moving avg. $13.58
Annualized volatility 23.0%
Short interest (ETF) 0.1%
Relative strength (RSI) 64

Liquidity measures
Avg. volume (thou.) 18
Turnover 1.6%
Bid/Ask (% of price) 0.42%
ADV underlying (mns) $4,656

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 potential alternatives to the First Trust S&P International Dividend Aristocrats ETF ETF based on the alternatives' overlap in portfolio holdings with FID. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FID Expense: 60 bp ALTAR Score™: 9.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FID
Ticker Fund
Name
Overlap1
vs FID
(%)
Expense
ratio
(bp)
Savings
vs FID
(bp)
ALTAR
Score™
(%)
ALTAR
vs FID
(%)
WDIV SPDR Global Dividend ETF 79.7 40 20 9.5 -0.1
DWX SPDR S&P International Dividend ETF 27.4 45 15 7.7 -1.9
LVHI Legg Mason International Low Volatility High Dividend ETF 26.7 40 20 10.2 +0.6
CID VictoryShares Intl High Dividend Volatility Wtd Index ETF 25.2 45 15 9.8 +0.2
IDV iShares International Select Dividend ETF 23.8 49 11 12.3 +2.7
FGD First Trust Dow Jones Global Select Dividend Index Fund 23.2 58 2 9.9 +0.3
HDEF Xtrackers MSCI EAFE High Dividend Yield Hedged Equity ETF 20.6 20 40 9.3 -0.3
HDAW Xtrackers MSCI All World ex US High Dividend Yield Hedged 19.3 20 40 10.9 +1.3
IDHD Invesco S&P Intl Developed High Dividend Low Volatility ETF 18.8 30 30 7.4 -2.3
DOO WisdomTree International Dividend ex-Financials Fund 15.9 58 2 8.7 -0.9
EFAS Global X MSCI SuperDividend EAFE ETF 14.0 55 5 9.8 +0.2
DTH WisdomTree DEFA Equity Income Fund 13.1 58 2 9.6 -0.0
FIDI Fidelity International High Dividend ETF 12.7 39 21 10.8 +1.2
FDD First Trust Stoxx European Select Dividend Index Fund 12.7 57 3 11.8 +2.2
QCAN SPDR MSCI Canada Quality Mix ETF 12.5 14 46 7.1 -2.5
VYMI Vanguard International High Dividend Yield ETF 11.4 32 28 10.1 +0.5
EFV iShares MSCI EAFE Value ETF 11.3 39 21 10.0 +0.4
IQDF FlexShares International Quality Dividend Index Fund 10.2 47 13 12.9 +3.3
EWC iShares MSCI Canada ETF 10.1 49 11 6.6 -3.0
BBCA JPMorgan BetaBuilders Canada ETF 10.0 19 41 6.9 -2.7
IDOG ALPS International Sector Dividend Dogs ETF 10.0 50 10 11.0 +1.4
IQDE FlexShares International Quality Dividend Defensive Index Fd 9.9 47 13 12.7 +3.1
FLCA Franklin FTSE Canada ETF 9.8 9 51 7.2 -2.4
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 9.5 80 -20 6.0 -3.6
IDY Pacific Global International Equity Income ETF 9.5 39 21 8.0 -1.6
PID Invesco International Dividend Achievers ETF 9.4 54 6 10.2 +0.6
RODM Hartford Multifactor Developed Markets (ex-US) ETF 9.4 29 31 8.6 -1.0
TPIF Timothy Plan International ETF 9.3 62 -2 7.0 -2.6
DOL WisdomTree International LargeCap Dividend Fund 9.3 48 12 8.5 -1.1
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Id 9.0 32 28 6.5 -3.1
CIL VictoryShares International Volatility Weighted Index ETF 9.0 45 15 6.7 -2.9
DVYA iShares Asia/Pacific Dividend ETF 8.9 49 11 8.9 -0.7
EFAD ProShares MSCI EAFE Dividend Growers ETF 8.4 50 10 6.6 -3.0
DMDV AAM S&P Developed Markets High Dividend Value ETF 8.4 39 21 10.9 +1.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 8.3 45 15 8.8 -0.8
EFAV iShares Edge MSCI Min Vol EAFE ETF 8.3 20 40 5.9 -3.7
LVIN Hartford Multifactor Low Volatility International Equity ETF 8.2 29 31 12.2 +2.6
GCOW Pacer Global High Dividend ETF 8.2 60 0 10.6 +1.0
FYLD Cambria Foreign Shareholder Yield ETF 8.1 59 1 9.3 -0.3
EWJV iShares MSCI Japan Value ETF 8.1 15 45 10.8 +1.2
DXJ WisdomTree Japan Hedged Equity Fund 8.1 48 12 8.3 -1.3
DWM WisdomTree International Equity Fund 8.0 48 12 8.2 -1.4
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 8.0 35 25 8.6 -1.0
IDLV Invesco S&P International Developed Low Volatility ETF 7.9 25 35 6.9 -2.7
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 7.8 14 46 7.0 -2.6
FDEV Fidelity Targeted International Factor ETF 7.7 39 21 6.5 -3.1
IQDY FlexShares International Quality Dividend Dynamic Index Fund 7.5 47 13 13.5 +3.9
FNDF Schwab Fundamental International Large Co. Index ETF 7.5 25 35 8.7 -0.9
IXG iShares Global Financials ETF 7.4 46 14 9.5 -0.1
FIVA Fidelity International Value Factor ETF 7.4 39 21 10.2 +0.6
IQLT iShares Edge MSCI Intl Quality Factor ETF 7.1 30 30 6.2 -3.4
SCIX Global X Scientific Beta Asia ex-Japan ETF 6.7 38 22 6.6 -3.0
AXJL WisdomTree Asia Pacific ex-Japan Fund 6.6 48 12 10.0 +0.4
PDEV Principal International Multi-Factor Core Index ETF 6.6 25 35 7.9 -1.7
EPP iShares MSCI Pacific ex-Japan ETF 6.5 48 12 6.8 -2.8
DIM WisdomTree International MidCap Dividend Fund 6.5 58 2 7.6 -2.0
BBAX JPMorgan BetaBuilders Developed Asia ex-Japan ETF 6.5 19 41 7.0 -2.7
IGRO iShares International Dividend Growth ETF 6.4 22 38 8.0 -1.6
ACSG Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF 6.4 16 44 7.1 -2.5
DRW WisdomTree Global ex-US Real Estate Fund 6.4 58 2 10.6 +1.0
FLHK Franklin FTSE Hong Kong ETF 6.4 9 51 9.0 -0.6
EUMV iShares Edge MSCI Min Vol Europe ETF 6.4 25 35 5.5 -4.1
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 6.3 39 21 6.7 -2.9
UIVM VictoryShares USAA MSCI International Value Momentum ETF 6.1 35 25 8.6 -1.0
EUDV ProShares MSCI Europe Dividend Growers ETF 6.1 55 5 6.9 -2.7
SCHF Schwab International Equity ETF 6.1 6 54 7.4 -2.2
DEW WisdomTree Global High Dividend Fund 6.1 58 2 9.0 -0.6
ESGN Columbia Sustainable International Equity Income ETF 6.0 45 15 11.1 +1.5
MVIN Natixis Seeyond International Minimum Volatility ETF 6.0 55 5 5.8 -3.8
JPIN JPMorgan Diversified Return International Equity ETF 6.0 38 22 8.0 -1.7
JHMD John Hancock Multifactor Developed International ETF 5.9 45 15 7.4 -2.2
DHDG WisdomTree Dynamic Currency Hedged Intl Quality Div Growth 5.9 48 12 0.0 -9.6
YLCO Global X YieldCo Index ETF 5.8 65 -5 4.4 -5.2
RNDM Developed International Equity Select ETF 5.8 65 -5 6.4 -3.2
INTF iShares Edge MSCI Multifactor Intl ETF 5.7 30 30 8.3 -1.3
OEUR O'shares FTSE Europe Quality Dividend ETF 5.7 48 12 6.6 -3.0
IPAC iShares Core MSCI Pacific ETF 5.7 9 51 7.5 -2.1
IDEV iShares Core MSCI International Developed Markets ETF 5.7 5 55 7.3 -2.3
SPDW SPDR Portfolio Developed World ex-US ETF 5.7 4 56 7.2 -2.4
JPGE JPMorgan Diversified Return Global Equity ETF 5.7 29 31 7.3 -2.3
QEFA SPDR MSCI EAFE Quality Mix ETF 5.7 30 30 6.8 -2.8
EWH iShares MSCI Hong Kong ETF 5.7 49 11 7.7 -1.9
INFR Legg Mason Global Infrastructure ETF 5.6 40 20 6.0 -3.6
HFXI IQ 50 Percent Hedged FTSE International ETF 5.6 20 40 7.5 -2.1
MOTI VanEck Vectors Morningstar International Moat ETF 5.6 57 3 8.3 -1.3
ESGD iShares MSCI EAFE ESG Optimized ETF 5.6 20 40 7.2 -2.4
EUFN iShares MSCI Europe Financials ETF 5.6 48 12 11.5 +1.9
FHK First Trust Hong Kong AlphaDEX Fund 5.6 80 -20 10.5 +0.9
VPL Vanguard FTSE Pacific ETF 5.5 8 52 7.8 -1.8
EFA iShares MSCI EAFE ETF 5.5 32 28 7.2 -2.5
VEA Vanguard FTSE Developed Markets ETF 5.5 5 55 7.4 -2.2
DWMF WisdomTree International Multifactor Fund 5.4 38 22 6.8 -2.8
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 5.4 35 25 7.0 -2.6
IVLU iShares Edge MSCI Intl Value Factor ETF 5.3 30 30 11.3 +1.7
ISDX Invesco Strategic Developed ex-US ETF 5.3 23 37 7.4 -2.2
FAN First Trust Global Wind Energy ETF 5.3 60 0 6.3 -3.3
IQIN IQ 500 International ETF 5.2 25 35 9.0 -0.6
RFDI First Trust Riverfront Dynamic Developed International ETF 5.2 83 -23 6.3 -3.3
EFNL iShares MSCI Finland Capped ETF 5.2 53 7 5.7 -3.9

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

  2015 2016 2017 2018 2019 2020E 2021E
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
  2019 2020E 2021E
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 S&P International Dividend Aristocrats ETF
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 10.2 %
Divided by: Fwd. P/BV 1.0 x
Less: Expense ratio 60 bp
Equals: ALTAR Score 9.6 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.67 CATEGORY
AVERAGE
1.59
 
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.