Fidelity International High Dividend ETF
ALTAR
Score™		 8.2% info Recommen-
dation		 SPECULATIVE
2021E    2022E
P/E
ratio		 12.2x P/Sales
ratio		 1.1x
P/BV
ratio		 1.1x Div.
yield		 4.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Fidelity International High Dividend ETF is an exchange-traded fund incorporated in the USA. The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity International High Dividend I

FUND BASICS
Category International Equities
Fund Sponsor Fidelity
Website screener.fidelity.com
Inception date Jan 16, 2018
Assets (mns) $77
Currency USD
Expense ratio 39 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 102
Wgt avg mkt cap (mns) $57,194
Large cap (>$10bn) 85.3%
Mid cap ($2-10bn) 14.5%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
KLEPIERRE 4.4 %
BP PLC 3.5 %
TOTAL SA 3.3 %
ENBRIDGE INC 3.2 %
DAITO TRUST CONSTRUCT CO LTD 3.2 %
HONGKONG LAND HOLDINGS LTD 3.2 %
KDDI CORPORATION 2.6 %
TELEFONICA SA 2.6 %
VODAFONE GROUP PLC 2.5 %
NATIONAL GRID PLC 2.4 %
Total 30.9 %

TOP COUNTRY EXPOSURE
JAPAN 18.6 %
BRITAIN 15.8 %
CANADA 11.1 %
FRANCE 10.4 %
SPAIN 8.4 %
AUSTRALIA 6.8 %
SWITZERLAND 5.5 %
HONG KONG 4.2 %
SINGAPORE 3.6 %
ITALY 3.5 %

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.
18.2% 40.5% -- -- -0.7%

Market Correlations
versus... Beta R-squared
S&P500 0.95 71%
MSCI EAFE 1.09 90%
MSCI Emg. Mkts. 0.83 65%

Technical Indicators
Recent close $20.92
30d moving avg. $21.48
Annualized volatility 21.0%
Short interest (ETF) 0.8%
Relative strength (RSI) 60

Liquidity measures
Avg. volume (thou.) 18
Turnover 0.5%
Bid/Ask (% of price) 0.41%
ADV underlying (mns) $15,290

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 371 potential alternatives to the Fidelity International High Dividend ETF ETF based on the alternatives' overlap in portfolio holdings with FIDI. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FIDI Expense: 39 bp ALTAR Score™: 8.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FIDI
Ticker Fund
Name		 Overlap1
vs FIDI
(%)		 Expense
ratio
(bp)		 Savings
vs FIDI
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs FIDI
(%)
DFAI Dimensional International Core Equity Market ETF 44.1 18 21 6.2 -2.0
VWID Virtus WMC International Dividend ETF 27.3 49 -10 7.4 -0.8
EFV iShares MSCI EAFE Value ETF 27.3 39 0 8.3 +0.1
DOL WisdomTree International LargeCap Dividend Fund 26.6 48 -9 6.9 -1.3
DTH WisdomTree International High Dividend Fund 25.3 58 -19 8.4 +0.2
CID VictoryShares Intl High Dividend Volatility Wtd Index ETF 25.2 45 -6 8.3 +0.1
FIVA Fidelity International Value Factor ETF 24.3 39 0 8.5 +0.3
VYMI Vanguard International High Dividend Yield ETF 23.8 27 12 8.9 +0.7
FNDF Schwab Fundamental International Large Co. Index ETF 23.3 25 14 7.8 -0.4
DWM WisdomTree International Equity Fund 22.9 48 -9 7.0 -1.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 22.8 45 -6 7.3 -0.9
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 22.7 40 -1 7.0 -1.2
IVLU iShares Edge MSCI Intl Value Factor ETF 22.7 30 9 9.9 +1.7
ESGD iShares MSCI EAFE ESG Optimized ETF 22.0 20 19 6.4 -1.9
BKIE BNY Mellon International Equity ETF 22.0 4 35 6.7 -1.6
EFA iShares MSCI EAFE ETF 21.6 32 7 6.4 -1.8
IQIN IQ 500 International ETF 21.4 25 14 7.6 -0.6
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 21.2 36 3 5.9 -2.3
EFAS Global X MSCI SuperDividend EAFE ETF 21.1 56 -17 8.1 -0.1
GSID Goldman Sachs MarketBeta International Equity ETF 21.1 20 19 6.2 -2.0
DOO WisdomTree International Dividend ex-Financials Fund 21.0 58 -19 7.5 -0.7
PDEV Principal International Multi-Factor Core Index ETF 20.7 25 14 6.9 -1.3
HFXI IQ 50 Percent Hedged FTSE International ETF 20.7 20 19 6.5 -1.7
IDOG ALPS International Sector Dividend Dogs ETF 20.4 50 -11 8.2 +0.0
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 20.0 7 32 6.6 -1.7
HDEF Xtrackers MSCI EAFE High Dividend Yield Hedged Equity ETF 19.9 20 19 8.5 +0.2
SCHF Schwab International Equity ETF 19.8 6 33 6.6 -1.6
IEV iShares Europe ETF 19.7 59 -20 6.4 -1.9
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 19.6 20 19 6.4 -1.8
QEFA SPDR MSCI EAFE Quality Mix ETF 19.5 30 9 6.2 -2.0
IEFA iShares Core MSCI EAFE ETF 19.4 7 32 6.5 -1.7
JHMD John Hancock Multifactor Developed International ETF 19.2 39 0 6.4 -1.8
BBEU JPMorgan BetaBuilders Europe ETF 19.2 9 30 6.7 -1.5
DBEU Xtrackers MSCI Europe Hedged Equity ETF 19.2 46 -7 5.7 -2.5
IQSI IQ Candriam ESG International Equity ETF 19.1 15 24 6.5 -1.7
FLEE Franklin FTSE Europe ETF 19.1 9 30 6.6 -1.6
IDEV iShares Core MSCI International Developed Markets ETF 19.1 5 34 6.5 -1.7
FLEH Franklin FTSE Europe Hedged ETF 18.8 9 30 6.4 -1.9
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 18.6 35 4 6.3 -2.0
IQDE FlexShares International Quality Dividend Defensive Index ET 18.6 47 -8 8.0 -0.2
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 18.6 14 25 6.0 -2.2
ISDX Invesco RAFI Strategic Developed ex-US ETF 18.5 23 16 6.4 -1.8
VEA Vanguard FTSE Developed Markets ETF 18.5 5 34 6.4 -1.8
NUDM Nuveen ESG International Developed Markets Equity ETF 18.5 40 -1 5.8 -2.4
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 18.0 20 19 9.4 +1.2
SPDW SPDR Portfolio Developed World ex-US ETF 17.9 4 35 6.3 -2.0
IEUR iShares Core MSCI Europe ETF 17.8 9 30 6.6 -1.6
VGK Vanguard FTSE Europe ETF 17.8 8 31 6.4 -1.9
SPEU SPDR Portfolio Europe ETF 17.7 9 30 6.5 -1.7
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 17.6 80 -41 5.8 -2.4
CWI SPDR MSCI ACWI ex-US ETF 17.3 30 9 6.4 -1.8
GSIE Goldman Sachs ActiveBeta International Equity ETF 17.3 25 14 6.1 -2.1
IDHD Invesco S&P Intl Developed High Dividend Low Volatility ETF 17.1 30 9 7.6 -0.7
DMDV AAM S&P Developed Markets High Dividend Value ETF 16.9 39 0 9.0 +0.8
ACWX iShares MSCI ACWI ex U.S. ETF 16.6 32 7 6.5 -1.7
DGT SPDR Global Dow ETF 16.6 50 -11 6.5 -1.7
FID First Trust S&P International Dividend Aristocrats ETF 16.5 60 -21 8.5 +0.3
FDEV Fidelity Targeted International Factor ETF 16.4 39 0 5.9 -2.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 16.3 41 -2 6.1 -2.2
VEU Vanguard FTSE All-World ex-US Index Fund 16.2 8 31 6.6 -1.6
RBIN Nationwide Risk-Based International Equity ETF 16.0 42 -3 5.9 -2.3
RESD WisdomTree International ESG Fund 15.9 30 9 6.1 -2.1
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 15.7 25 14 6.1 -2.1
LVHI Legg Mason International Low Volatility High Dividend ETF 15.7 40 -1 8.2 -0.0
CIL VictoryShares International Volatility Weighted Index ETF 15.4 45 -6 6.5 -1.7
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 15.3 45 -6 6.5 -1.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 15.2 39 0 6.0 -2.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 15.1 39 0 7.0 -1.2
IXUS ishares Core MSCI Total International Stock ETF 15.0 9 30 6.6 -1.6
VXUS Vanguard Total International Stock ETF 15.0 8 31 6.5 -1.7
IDV iShares International Select Dividend ETF 14.8 49 -10 9.6 +1.4
IQDY FlexShares International Quality Dividend Dynamic Index Fund 14.7 47 -8 8.9 +0.7
EFAV iShares Edge MSCI Min Vol EAFE ETF 14.7 20 19 5.0 -3.2
PQIN PGIM QMA Strategic Alpha International Equity ETF 14.5 29 10 7.3 -0.9
RNDM First Trust Developed International Equity Select ETF 14.2 65 -26 5.8 -2.4
RODM Hartford Multifactor Developed Markets (ex-US) ETF 14.1 29 10 7.4 -0.8
FGD First Trust Dow Jones Global Select Dividend Index Fund 14.1 59 -20 10.9 +2.7
ACSG Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF 14.1 16 23 6.0 -2.2
EWJV iShares MSCI Japan Value ETF 13.8 15 24 8.8 +0.5
ZGBR SPDR Solactive United Kingdom ETF 13.8 14 25 0.0 -8.2
EWU iShares MSCI United Kingdom ETF 13.7 51 -12 6.9 -1.3
DEFA iShares Adaptive Currency Hedged MSCI EAFE ETF 13.7 35 4 6.3 -2.0
HEFA iShares Currency Hedged MSCI EAFE ETF 13.7 35 4 6.2 -2.1
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Id 13.6 32 7 5.8 -2.4
FLGB Franklin FTSE United Kingdom ETF 13.4 9 30 7.2 -1.0
ESGN Columbia Sustainable International Equity Income ETF 13.3 45 -6 8.8 +0.6
IQDF FlexShares International Quality Dividend Index Fund 13.3 47 -8 8.2 -0.0
WDIV SPDR Global Dividend ETF 13.2 40 -1 8.6 +0.4
EZU iShares MSCI Eurozone ETF 13.1 51 -12 5.7 -2.5
DMXF iShares ESG Advanced MSCI EAFE ETF 13.1 12 27 6.3 -1.9
IPAC iShares Core MSCI Pacific ETF 13.0 9 30 6.4 -1.8
FEZ SPDR EURO STOXX 50 ETF 13.0 29 10 5.7 -2.5
EUFN iShares MSCI Europe Financials ETF 12.7 48 -9 10.5 +2.3
EURZ Xtrackers Eurozone Equity ETF 12.7 9 30 6.0 -2.2
IQLT iShares Edge MSCI Intl Quality Factor ETF 12.7 30 9 5.5 -2.7
IGRO iShares International Dividend Growth ETF 12.5 15 24 7.0 -1.3
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 12.4 47 -8 5.5 -2.8
VSGX Vanguard ESG International Stock ETF 12.3 17 22 6.3 -1.9
ESGG FlexShares STOXX Global ESG Impact Index Fund 12.1 42 -3 4.9 -3.3
IOO iShares Global 100 ETF 12.0 40 -1 4.8 -3.4
QINT American Century Quality Diversified International ETF 11.9 39 0 6.6 -1.6
DWMF WisdomTree International Multifactor Fund 11.9 38 1 6.2 -2.1
IDLV Invesco S&P International Developed Low Volatility ETF 11.7 25 14 5.9 -2.3
IMTM iShares Edge MSCI Intl Momentum Factor ETF 11.7 30 9 5.0 -3.2
EWJ iShares MSCI Japan ETF 11.6 51 -12 6.4 -1.9
UIVM VictoryShares USAA MSCI International Value Momentum ETF 11.5 35 4 8.3 +0.0
DVYA iShares Asia/Pacific Dividend ETF 11.5 49 -10 11.0 +2.8
VPL Vanguard FTSE Pacific ETF 11.4 8 31 6.5 -1.7
ZJPN SPDR Solactive Japan ETF 11.3 14 25 0.0 -8.2
DBJP Xtrackers MSCI Japan Hedged Equity ETF 11.3 46 -7 6.3 -1.9
FLJP Franklin FTSE Japan ETF 11.2 9 30 6.8 -1.4
DWX SPDR S&P International Dividend ETF 11.2 45 -6 7.1 -1.1
IXG iShares Global Financials ETF 11.2 46 -7 8.3 +0.1
FLJH Franklin FTSE Japan Hedged ETF 11.1 9 30 6.7 -1.5
JPIN JPMorgan Diversified Return International Equity ETF 11.1 37 2 7.6 -0.6
JPXN iShares JPX-Nikkei 400 ETF 11.1 48 -9 6.4 -1.9
TTAI TrimTabs All Cap International Free-Cash-Flow ETF 11.0 61 -22 5.2 -3.0
DEW WisdomTree Global High Dividend Fund 11.0 58 -19 8.4 +0.2
IXC iShares Global Energy ETF 10.9 46 -7 5.3 -2.9
JPN Xtrackers Japan JPX-Nikkei 400 Equity ETF 10.9 9 30 6.7 -1.5
BBJP JPMorgan BetaBuilders Japan ETF 10.9 19 20 6.6 -1.6
TPIF Timothy Plan International ETF 10.8 62 -23 6.2 -2.0
GCOW Pacer Global High Dividend ETF 10.7 60 -21 9.8 +1.6
RODE Hartford Multifactor Diversified International ETF 10.6 29 10 9.8 +1.6
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 10.6 25 14 6.6 -1.6
MOTI VanEck Vectors Morningstar International Moat ETF 10.5 58 -19 7.9 -0.3
EUDV ProShares MSCI Europe Dividend Growers ETF 10.5 56 -17 4.8 -3.5
EFAD ProShares MSCI EAFE Dividend Growers ETF 10.4 51 -12 4.8 -3.5
QWLD SPDR MSCI World StrategicFactors ETF 9.8 30 9 5.5 -2.8
ISZE iShares Edge MSCI Intl Size Factor ETF 9.7 30 9 6.3 -1.9
HEWU iShares Currency Hedged MSCI United Kingdom ETF 9.6 51 -12 6.6 -1.6
HAWX iShares Currency Hedged MSCI ACWI ex U.S. ETF 9.4 35 4 6.3 -1.9
INFR Legg Mason Global Infrastructure ETF 9.3 40 -1 5.2 -3.0
URTH iShares MSCI World ETF 9.2 24 15 5.1 -3.1
ICOW Pacer Developed Markets International Cash Cows 100 ETF 9.0 65 -26 10.4 +2.1
EPP iShares MSCI Pacific ex-Japan ETF 8.9 48 -9 5.5 -2.7
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 8.9 47 -8 5.6 -2.7
FJP First Trust Japan AlphaDEX Fund 8.8 80 -41 8.1 -0.1
EUDG WisdomTree Europe Quality Dividend Growth Fund 8.7 58 -19 6.3 -1.9
HEZU iShares Currency Hedged MSCI Eurozone ETF 8.6 54 -15 5.4 -2.8
DXJ WisdomTree Japan Hedged Equity Fund 8.5 48 -9 7.4 -0.8
OEUR O'shares FTSE Europe Quality Dividend ETF 8.5 48 -9 5.3 -2.9
AVDE Avantis International Equity ETF 8.3 23 16 6.8 -1.4
EWP iShares MSCI Spain ETF 8.3 51 -12 7.4 -0.8
TOK iShares MSCI Kokusai ETF 8.2 25 14 5.0 -3.2
KOKU Xtrackers MSCI Kokusai Equity ETF 8.2 9 30 5.0 -3.2
RFAP First Trust Riverfront Dynamic Asia Pacific ETF 8.1 83 -44 5.5 -2.7
IDHQ Invesco S&P International Developed Quality ETF 8.1 29 10 5.1 -3.2
ACWI iShares MSCI ACWI ETF 7.9 32 7 5.2 -3.0
CRBN iShares MSCI ACWI Low Carbon Target ETF 7.9 20 19 5.4 -2.8
BBAX JPMorgan BetaBuilders Developed Asia ex-Japan ETF 7.8 19 20 5.8 -2.5
HEWJ iShares Currency Hedged MSCI Japan ETF 7.8 51 -12 6.3 -2.0
HJPX iShares Currency Hedged JPX-Nikkei 400 ETF 7.7 48 -9 6.3 -1.9
FILL iShares MSCI Global Energy Producers ETF 7.7 39 0 5.8 -2.5
LOWC SPDR MSCI ACWI Low Carbon Target ETF 7.7 20 19 5.5 -2.8
FDD First Trust Stoxx European Select Dividend Index Fund 7.6 58 -19 9.1 +0.9
RFEU First Trust Riverfront Dynamic Europe ETF 7.6 83 -44 6.0 -2.2
EWJE iShares MSCI Japan Equal Weighted ETF 7.5 15 24 6.3 -1.9
GII SPDR S&P Global Infrastructure ETF 7.4 40 -1 4.1 -4.1
GNR SPDR S&P Global Natural Resources ETF 7.4 40 -1 6.2 -2.0
IGF iShares Global Infrastructure ETF 7.4 46 -7 4.1 -4.1
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 7.4 24 15 6.8 -1.4
XT iShares Exponential Technologies ETF 7.4 47 -8 4.7 -3.5
RFDI First Trust Riverfront Dynamic Developed International ETF 7.3 83 -44 5.4 -2.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 7.2 9 30 5.3 -2.9
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 7.2 58 -19 5.9 -2.4
FYLD Cambria Foreign Shareholder Yield ETF 7.2 59 -20 7.1 -1.1
BBCA JPMorgan BetaBuilders Canada ETF 7.2 19 20 6.4 -1.8
IQDG WisdomTree International Quality Dividend Growth Fund 7.0 42 -3 6.3 -1.9
VT Vanguard Total World Stock ETF 7.0 8 31 5.4 -2.9
EWC iShares MSCI Canada ETF 7.0 51 -12 6.3 -1.9
EFG iShares MSCI EAFE Growth ETF 6.9 40 -1 4.4 -3.8
DSTX Distillate International Fundamental Stability & Value ETF 6.9 55 -16 7.1 -1.1
IDLB Invesco FTSE International Low Beta Equal Weight ETF 6.9 45 -6 5.9 -2.3
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 6.8 46 -7 5.9 -2.3
ZCAN SPDR Solactive Canada ETF 6.8 14 25 0.0 -8.2
LEGR First Trust Indxx Innovative Transaction & Process ETF 6.6 65 -26 8.3 +0.1
VIDI Vident International Equity Fund 6.5 59 -20 9.4 +1.2
FLCA Franklin FTSE Canada ETF 6.5 9 30 6.8 -1.4
IMFL Invesco International Developed Dynamic Multifactor ETF 6.3 34 5 7.4 -0.8
FDT First Trust Developed Markets ex-US Alphadex Fund 6.3 80 -41 8.2 -0.1
EWQ iShares MSCI France ETF 6.3 51 -12 5.2 -3.1
FLFR Franklin FTSE France ETF 6.3 9 30 5.5 -2.7
FKU First Trust United Kingdom AlphaDEX Fund 6.2 80 -41 7.6 -0.6
FEUZ First Trust Eurozone AlphaDEX ETF 6.2 80 -41 8.0 -0.3
FEP First Trust Europe AlphaDEX Fund 6.1 80 -41 7.7 -0.6
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 6.0 47 -8 4.5 -3.7
IPKW Invesco International BuyBack Achievers ETF 5.9 55 -16 6.4 -1.8
GLIF AGFiQ Global Infrastructure ETF 5.9 45 -6 4.3 -3.9
JXI iShares Global Utilities ETF 5.8 46 -7 5.7 -2.5
IVAL Alpha Architect International Quantitative Value ETF 5.7 59 -20 8.2 -0.0
EWA iShares MSCI Australia ETF 5.7 51 -12 5.1 -3.1
WWJD Inspire International ESG ETF 5.6 80 -41 5.5 -2.8
INTF iShares Edge MSCI Multifactor Intl ETF 5.5 30 9 7.8 -0.4
FLSW Franklin FTSE Switzerland ETF 5.5 9 30 4.9 -3.3
EWL iShares MSCI Switzerland ETF 5.5 51 -12 4.4 -3.8
FSZ First Trust Switzerland AlphaDEX Fund 5.5 80 -41 3.8 -4.4
FLAU Franklin FTSE Australia ETF 5.5 9 30 5.6 -2.6
SDGA Impact Shares Sustainable Development Goals Global ETF 5.4 75 -36 5.4 -2.8
WLDR Affinity World Leaders Equity ETF 5.3 67 -28 8.0 -0.2
HEDJ WisdomTree Europe Hedged Equity Fund 5.3 58 -19 5.4 -2.8
EXI iShares Global Industrials ETF 5.2 46 -7 4.8 -3.4
ACWV iShares MSCI Global Min Vol Factor ETF 5.2 20 19 5.5 -2.7
DIVS SmartETFs Dividend Builder ETF 5.1 65 -26 5.5 -2.7
DIM WisdomTree International MidCap Dividend Fund 5.0 58 -19 6.9 -1.3
EWH iShares MSCI Hong Kong ETF 4.8 51 -12 5.8 -2.4
PID Invesco International Dividend Achievers ETF 4.7 53 -14 6.4 -1.8
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 4.5 75 -36 7.8 -0.4
IXJ iShares Global Healthcare ETF 4.5 46 -7 6.2 -2.1
FICS First Trust International Developed Capital Strength ETF 4.4 70 -31 4.7 -3.5
BNE Blue Horizon BNE ETF 4.3 87 -48 3.1 -5.1
HEWC iShares Currency Hedged MSCI Canada ETF 4.3 54 -15 6.0 -2.2
JSTC Adasina Social Justice All Cap Global ETF 4.2 89 -50 5.4 -2.8
FLHK Franklin FTSE Hong Kong ETF 4.2 9 30 6.4 -1.8
VIGI Vanguard International Dividend Appreciation ETF 4.1 20 19 4.9 -3.3
RXI iShares Global Consumer Discretionary ETF 4.1 46 -7 3.9 -4.3
BLES Inspire Global Hope Large Cap ETF 3.8 52 -13 5.0 -3.2
HAP VanEck Vectors Natural Resources ETF 3.7 50 -11 5.4 -2.8
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 3.6 80 -41 7.9 -0.3
EWS iShares MSCI Singapore ETF 3.6 51 -12 6.7 -1.5
FLIY Franklin FTSE Italy ETF 3.5 9 30 8.3 +0.1
EWI iShares MSCI Italy ETF 3.5 51 -12 7.7 -0.5
GVAL Cambria Global Value ETF 3.4 65 -26 8.3 +0.1
ASEA Global X Southeast Asia ETF 3.4 65 -26 7.9 -0.3
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde 3.3 70 -31 3.4 -4.8
DXGE WisdomTree Germany Hedged Equity Fund 3.3 48 -9 7.4 -0.8
FLGR Franklin FTSE Germany ETF 3.3 9 30 6.9 -1.3
DAX Global X DAX Germany ETF 3.3 20 19 6.8 -1.4
EWG iShares MSCI Germany ETF 3.3 51 -12 6.4 -1.8
DBGR Xtrackers MSCI Germany Hedged Equity ETF 3.3 45 -6 6.2 -2.1
HEWG iShares Currency Hedged MSCI Germany ETF 3.3 53 -14 6.1 -2.1
ZDEU SPDR Solactive Germany ETF 3.3 14 25 0.0 -8.2
SDEI Sound Equity Income ETF 3.2 45 -6 8.7 +0.5
TPYP Tortoise North American Pipeline Fund 3.2 40 -1 4.9 -3.4
ABEQ Absolute Core Strategy ETF 3.2 88 -49 4.1 -4.1
MLPX Global X MLP & Energy Infrastructure ETF 3.2 45 -6 3.9 -4.3
ENFR Alerian Energy Infrastructure ETF 3.2 65 -26 3.4 -4.9
USAI Pacer American Energy Independence ETF 3.2 75 -36 2.9 -5.4
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 3.1 58 -19 10.7 +2.5
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 3.1 50 -11 3.4 -4.8
IVRA Invesco Real Assets ESG ETF 3.0 59 -20 4.7 -3.5
GOAT VanEck Vectors Morningstar Global Wide Moat ETF 2.9 52 -13 4.9 -3.3
IDRV iShares Self-driving EV & Tech ETF 2.9 47 -8 6.3 -1.9
FAN First Trust Global Wind Energy ETF 2.9 62 -23 6.1 -2.1
DIVZ TrueShares Low Volatility Equity Income ETF 2.9 1 38 9.1 +0.9
HART IQ Healthy Hearts ETF 2.8 45 -6 4.7 -3.6
EKAR Innovation Shares NextGen Vehicles & Technology ETF 2.7 95 -56 5.0 -3.2
DWCR Arrow DWA Country Rotation ETF 2.7 136 -97 4.8 -3.4
KXI iShares Global Consumer Staples ETF 2.7 46 -7 5.1 -3.1
GBLD Invesco MSCI Green Building ETF 2.6 39 0 6.9 -1.3
IXP iShares Global Comm Services ETF 2.6 46 -7 5.2 -3.1
IDMO Invesco S&P International Developed Momentum ETF 2.6 25 14 4.4 -3.8
ZHOK SPDR Solactive Hong Kong ETF 2.5 14 25 0.0 -8.2
EMLP First Trust North American Energy Infrastructure Fund 2.5 96 -57 4.5 -3.8
ROBO Robo Global Robotics & Automation Index ETF 2.5 95 -56 3.8 -4.4
DRW WisdomTree Global ex-US Real Estate Fund 2.4 58 -19 9.1 +0.9
NXTG First Trust Indxx NextG ETF 2.4 70 -31 5.3 -2.9
FPXI First Trust International Equity Opportunities ETF 2.4 70 -31 2.1 -6.1
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 2.4 58 -19 7.0 -1.2
SDG iShares Sustainable MSCI Global Impact ETF 2.3 49 -10 6.4 -1.8
JOYY Infusive Compounding Global Equities ETF 2.3 50 -11 3.8 -4.4
ICLN iShares Global Clean Energy ETF 2.3 46 -7 5.0 -3.2
SMOG VanEck Vectors Low Carbon Energy ETF 2.3 62 -23 3.2 -5.1
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 2.1 65 -26 2.9 -5.3
CARZ First Trust NASDAQ Global Auto Index Fund 2.1 70 -31 8.9 +0.7
JIG JPMorgan International Growth ETF 2.1 55 -16 2.4 -5.9
GRES IQ Global Resources ETF 2.0 78 -39 7.3 -0.9
SMEZ SPDR EURO STOXX Small Cap ETF 2.0 45 -6 0.0 -8.2
EWD iShares MSCI Sweden ETF 2.0 51 -12 12.3 +4.1
CHIE Global X MSCI China Energy ETF 2.0 66 -27 12.1 +3.9
KLDW Gavekal Knowledge Leaders Developed World ETF 2.0 75 -36 3.8 -4.4
WPS iShares International Developed Property ETF 1.9 48 -9 6.3 -1.9
FDRR Fidelity Dividend ETF for Rising Rates 1.9 29 10 6.5 -1.7
ACWF iShares MSCI Global Multifactor ETF 1.9 35 4 7.1 -1.2
ADIV SmartETFs Asia Pacific Dividend Builder ETF 1.9 78 -39 8.1 -0.1
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 1.8 68 -29 4.5 -3.7
GXF Global X FTSE Nordic Region ETF 1.8 51 -12 10.3 +2.1
FDVV Fidelity Core Dividend ETF 1.7 29 10 6.4 -1.9
HAUZ Xtrackers International Real Estate ETF 1.7 10 29 7.3 -0.9
OBOR KraneShares MSCI One Belt One Road Index ETF 1.6 79 -40 7.9 -0.3
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.6 12 27 8.7 +0.5
FLM First Trust Global Engineering and Construction ETF 1.6 70 -31 8.0 -0.2
IXN iShares Global Tech ETF 1.5 46 -7 4.2 -4.0
GDVD Principal Active Global Dividend Income ETF 1.5 58 -19 0.0 -8.2
MXI iShares Global Materials ETF 1.5 45 -6 5.5 -2.7
URA Global X Uranium ETF 1.5 69 -30 -1.1 -9.3
SNSR Global X Internet of Things Thematic ETF 1.4 68 -29 3.6 -4.6
IFGL iShares International Developed Real Estate ETF 1.4 48 -9 6.2 -2.0
DINT Davis Select International ETF 1.4 65 -26 4.8 -3.5
FGM First Trust Germany AlphaDEX Fund 1.3 80 -41 5.5 -2.7
DRIV Global X Autonomous & Electric Vehicles ETF 1.3 68 -29 4.5 -3.7
PIZ Invesco DWA Developed Markets Momentum ETF 1.2 80 -41 5.2 -3.0
AAXJ iShares MSCI All Country Asia ex Japan ETF 1.2 70 -31 6.0 -2.2
PZD Invesco Cleantech ETF 1.2 58 -19 4.9 -3.3
DTEC ALPS Disruptive Technologies ETF 1.2 50 -11 3.0 -5.3
FLAX Franklin FTSE Asia Ex Japan ETF 1.2 19 20 6.7 -1.5
BOTZ Global X Robotics & Artificial Intelligence ETF 1.2 68 -29 2.4 -5.8
AIA iShares Asia 50 ETF 1.1 50 -11 6.2 -2.0
PRNT The 3D Printing ETF 1.1 66 -27 1.9 -6.3
VRAI Virtus Real Asset Income ETF 1.1 55 -16 6.6 -1.6
RNEM First Trust Emerging Markets Equity Select ETF 1.0 75 -36 10.1 +1.9
RWX SPDR Dow Jones International Real Estate ETF 1.0 59 -20 5.4 -2.8
EDEN iShares MSCI Denmark Capped ETF 0.9 53 -14 6.9 -1.3
SDIV Global X SuperDividend ETF 0.9 59 -20 14.3 +6.1
EWN iShares MSCI Netherlands ETF 0.8 51 -12 4.1 -4.1
SCHC Schwab International Small-Cap Equity ETF 0.8 11 28 5.2 -3.1
MOTO SmartETFs Smart Transportation & Technology ETF 0.8 68 -29 8.7 +0.5
AGNG Global X Aging Population ETF 0.8 50 -11 3.2 -5.0
BMED BlackRock Future Health ETF 0.8 85 -46 -0.8 -9.1
FTRI First Trust Indxx Global Natural Resources Income ETF 0.7 70 -31 9.6 +1.3
FTAG First Trust Indxx Global Agriculture ETF 0.7 70 -31 5.4 -2.8
HTEC ROBO Global Healthcare Technology & Innovation ETF 0.7 68 -29 1.1 -7.1
KOIN Innovation Shares NextGen Protocol ETF 0.7 95 -56 3.7 -4.5
PAWZ ProShares Pet Care ETF 0.7 50 -11 2.3 -6.0
AIQ Global X Future Analytics Tech ETF 0.7 68 -29 3.3 -4.9
ISVL iShares International Developed Small Cap Value Factor ETF 0.7 30 9 7.4 -0.8
SULR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.6 79 -40 5.1 -3.1
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.6 11 28 5.5 -2.7
QTUM Defiance Quantum ETF 0.6 40 -1 4.6 -3.6
QQQA ProShares Nasdaq-100 Dorsey Wright Momentum ETF 0.6 58 -19 4.5 -3.8
IEUS iShares MSCI Europe Small-Cap ETF 0.6 40 -1 5.2 -3.0
CIBR First Trust NASDAQ CEA Cybersecurity ETF 0.6 60 -21 2.9 -5.3
HACK ETFMG Prime Cyber Security ETF 0.6 60 -21 2.8 -5.4
FFR First Trust FTSE EPRA/NAREIT Developed Markets Real Estate 0.6 60 -21 5.3 -2.9
SCZ iShares MSCI Eafe Small-Cap ETF 0.6 40 -1 5.3 -2.9
ISCF iShares Edge MSCI Multifactor Intl Small-Cap ETF 0.6 40 -1 7.4 -0.8
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.6 70 -31 3.4 -4.8
LUXE Emles Luxury Goods ETF 0.6 60 -21 3.3 -4.9
FVD First Trust Value Line Dividend Index Fund 0.5 70 -31 5.5 -2.7
EFNL iShares MSCI Finland Capped ETF 0.5 53 -14 5.0 -3.2
ECLN First Trust EIP Carbon Impact ETF 0.5 97 -58 3.4 -4.9
VEGI iShares MSCI Global Agriculture Producers ETF 0.4 39 0 4.6 -3.6
MOO VanEck Vectors Agribusiness ETF 0.4 56 -17 4.4 -3.8
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.4 75 -36 2.8 -5.4
TOKE Cambria Cannabis ETF 0.4 42 -3 -1.9 -10.1
MJ ETFMG Alternative Harvest ETF 0.4 75 -36 -3.2 -11.4
IDNA iShares Genomics Immunology & Healthcare ETF 0.4 47 -8 -2.6 -10.8
AVDV Avantis International Small Cap Value ETF 0.4 36 3 6.8 -1.4
RWO SPDR Dow Jones Global Real Estate ETF 0.4 50 -11 5.2 -3.1
IQM Franklin Intelligent Machines ETF 0.4 50 -11 1.9 -6.3
PSP Invesco Global Listed Private Equity ETF 0.4 158 -119 5.6 -2.6
REET iShares Global REIT ETF 0.4 14 25 5.5 -2.7
SCJ iShares MSCI Japan Small-Cap ETF 0.3 51 -12 5.9 -2.3
BATT Amplify Advanced Battery Metals & Materials ETF 0.3 59 -20 1.9 -6.3
EWUS iShares MSCI United Kingdom Small Cap ETF 0.3 59 -20 5.3 -2.9
GENY Principal Millennials Index ETF 0.3 45 -6 4.6 -3.6
CEZ VictoryShares Emerging Market Volatility Wtd ETF 0.3 50 -11 0.0 -8.2
HSCZ iShares Currency Hedged MSCI EAFE Small-Cap ETF 0.3 43 -4 5.1 -3.1
FNDC Schwab Fundamental International Small Co. Index ETF 0.3 39 0 5.1 -3.1
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 0.3 47 -8 1.2 -7.0
NANR SPDR S&P North American Natural Resources ETF 0.3 35 4 4.0 -4.2
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.3 85 -46 3.6 -4.6
VNSE Natixis Vaughan Nelson Select ETF 0.3 85 -46 2.6 -5.6
IMOM Alpha Architect International Quantitative Momentum ETF 0.3 59 -20 3.3 -4.9
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 0.2 95 -56 8.7 +0.5
ATEC-AU BetaShares S&P/ASX Australian Technology ETF 0.2 48 -9 0.9 -7.3
BFIT Global X Health & Wellness ETF 0.2 50 -11 3.8 -4.4
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.2 70 -31 2.3 -5.9
AFK VanEck Vectors Africa Index ETF 0.2 79 -40 8.0 -0.2
AIIQ AI Powered International Equity ETF 0.2 79 -40 3.4 -4.8
ENOR iShares MSCI Norway ETF 0.2 53 -14 8.0 -0.3
NORW Global X MSCI Norway ETF 0.2 50 -11 7.9 -0.3
BKEM BNY Mellon Emerging Markets Equity ETF 0.2 11 28 7.1 -1.1
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.2 49 -10 4.5 -3.7
JEMA JPMorgan Emerging Markets Equity Core ETF 0.2 39 0 6.9 -1.3
BUG Global X Cybersecurity ETF 0.2 50 -11 1.4 -6.8
WCBR WisdomTree Cybersecurity Fund 0.2 45 -6 1.0 -7.3
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.2 36 3 6.8 -1.4
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.1 59 -20 10.2 +2.0
ANEW ProShares MSCI Transformational Changes ETF 0.1 45 -6 2.6 -5.6
GWX SPDR S&P International Small Cap ETF 0.0 40 -1 5.1 -3.2

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%.

Content on this tab for subscribers only**

RESULTS & ESTIMATES

  2016 2017 2018 2019 2020 2021E 2022E
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
  2020 2021E 2022E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 Fidelity International High Dividend 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 9.1 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 39 bp
Equals: ALTAR Score 8.2 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.55 CATEGORY
AVERAGE		 1.52
 
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.