Fidelity International Value Factor ETF
ALTAR
Score™		 9.8% info Recommen-
dation		 SPECULATIVE
2024E    2025E
P/E
ratio		 10.1x P/Sales
ratio		 0.8x
P/BV
ratio		 1.1x Div.
yield		 4.2%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Fidelity International Value Factor ETF tracks a multi-factor index of large- and midcap value stocks from developed markets, ex-US.

FUND BASICS
Category International Equities
Fund Sponsor Fidelity
Website screener.fidelity.com
Inception date Jan 16, 2018
Assets (mns) $148
Currency USD
Expense ratio 18 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 126
Wgt avg mkt cap (mns) $75,319
Large cap (>$10bn) 91.2%
Mid cap ($2-10bn) 7.2%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ASML HOLDING NV 2.6 %
NESTLE SA-REG 1.9 %
ASTRAZENECA PLC 1.8 %
BOC HONG KONG HOLDINGS LTD 1.7 %
ROCHE HOLDING AG-BR 1.6 %
SHELL PLC 1.6 %
NOVARTIS AG 1.5 %
JAPAN TOBACCO INC 1.4 %
GLENCORE INTERNATIONAL PLC 1.4 %
HSBC HOLDINGS PLC 1.4 %
Total 16.9 %

TOP COUNTRY EXPOSURE
JAPAN 22.9 %
BRITAIN 13.8 %
GERMANY 10.1 %
CANADA 9.7 %
FRANCE 8.8 %
SWITZERLAND 8.8 %
NETHERLANDS 6.2 %
AUSTRALIA 5.0 %
SWEDEN 3.1 %
HONG KONG 2.4 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
5.3% 12.7% 6.8% -- 4.9%

Market Correlations
versus... Beta R-squared
S&P500 0.78 64%
MSCI EAFE 0.97 91%
MSCI Emg. Mkts. 0.78 61%

Technical Indicators
Recent close $25.49
30d moving avg. $25.67
Annualized volatility 17.6%
Short interest (ETF) 11.1%
Relative strength (RSI) 55

Liquidity measures
Avg. volume (thou.) 22
Turnover 0.4%
Bid/Ask (% of price) 0.18%
ADV underlying (mns) $14,007

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 436 potential alternatives to the Fidelity International Value Factor ETF ETF based on the alternatives' overlap in portfolio holdings with FIVA. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FIVA Expense: 18 bp ALTAR Score™: 9.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FIVA
Ticker Fund
Name		 Overlap1
vs FIVA
(%)		 Expense
ratio
(bp)		 Savings
vs FIVA
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs FIVA
(%)
IVLU iShares MSCI Intl Value Factor ETF 39.6 30 -12 11.0 +1.1
DOL WisdomTree International LargeCap Dividend Fund 34.2 48 -30 7.7 -2.1
DIVI Franklin International Core Dividend Tilt Index ETF 32.2 9 9 7.6 -2.2
IQIN IQ 500 International ETF 31.6 25 -7 8.7 -1.1
BBEU JPMorgan BetaBuilders Europe ETF 31.2 9 9 6.9 -2.9
JIRE JPMorgan International Research Enhanced Equity ETF 31.2 24 -6 6.8 -3.0
FENI Fidelity Enhanced International ETF 30.5 28 -10 8.0 -1.8
DBEU Xtrackers MSCI Europe Hedged Equity ETF 30.4 46 -28 6.5 -3.3
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 30.3 25 -7 6.9 -2.9
EFV iShares MSCI EAFE Value ETF 30.1 34 -16 8.9 -0.9
GSID Goldman Sachs MarketBeta International Equity ETF 28.8 20 -2 6.7 -3.2
FLEE Franklin FTSE Europe ETF 28.8 9 9 6.9 -2.9
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 28.6 45 -27 8.6 -1.2
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 28.4 20 -2 6.8 -3.0
BKIE BNY Mellon International Equity ETF 28.4 4 14 6.9 -2.9
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 28.3 36 -18 6.5 -3.3
FDEV Fidelity International Multifactor ETF 28.2 18 0 7.4 -2.4
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 28.1 40 -22 7.9 -2.0
HFXI IQ FTSE International Equity Currency Neutral ETF 27.9 20 -2 6.8 -3.0
DWM WisdomTree International Equity Fund 27.8 48 -30 7.8 -2.1
IEV iShares Europe ETF 27.6 67 -49 6.2 -3.7
EFA iShares MSCI EAFE ETF 27.0 35 -17 6.5 -3.3
GSIE Goldman Sachs ActiveBeta International Equity ETF 26.8 25 -7 7.0 -2.8
VYMI Vanguard International High Dividend Yield ETF 26.8 22 -4 9.6 -0.3
RFDI First Trust Riverfront Dynamic Developed International ETF 26.6 83 -65 8.8 -1.1
JHMD John Hancock Multifactor Developed International ETF 26.5 39 -21 7.4 -2.4
FNDF Schwab Fundamental International Large Co. Index ETF 26.4 25 -7 9.3 -0.6
QEFA SPDR MSCI EAFE StrategicFactors ETF 26.3 30 -12 6.7 -3.1
FIDI Fidelity International High Dividend ETF 26.2 18 0 10.4 +0.6
DFIV Dimensional International Value ETF 26.1 27 -9 9.8 -0.1
ESGD iShares ESG Aware MSCI EAFE ETF 25.9 20 -2 6.4 -3.4
IEUR iShares Core MSCI Europe ETF 25.5 11 7 6.6 -3.2
IQSI IQ Candriam International Equity ETF 25.3 15 3 6.4 -3.5
VGK Vanguard FTSE Europe ETF 25.1 11 7 6.7 -3.2
INTF iShares International Equity Factor ETF 24.7 15 3 8.0 -1.9
QINT American Century Quality Diversified International ETF 24.6 39 -21 7.7 -2.2
SPEU SPDR Portfolio Europe ETF 24.3 7 11 6.6 -3.3
CID VictoryShares International High Div Volatility Wtd ETF 23.4 45 -27 9.0 -0.8
IEFA iShares Core MSCI EAFE ETF 23.2 7 11 6.7 -3.1
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 23.2 20 -2 6.1 -3.8
IDEV iShares Core MSCI International Developed Markets ETF 23.0 4 14 6.8 -3.0
CEFA Global X S&P Catholic Values Developed ex-US ETF 22.8 35 -17 6.2 -3.7
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 22.7 32 -14 5.7 -4.2
EZU iShares MSCI Eurozone ETF 22.7 52 -34 6.3 -3.5
IQDE FlexShares International Quality Dividend Defensive Index ET 22.7 47 -29 8.2 -1.6
RODM Hartford Multifactor Developed Markets (ex-US) ETF 22.7 29 -11 8.6 -1.3
SCHF Schwab International Equity ETF 22.2 6 12 7.1 -2.7
FLEU Franklin FTSE Eurozone ETF 22.0 9 9 6.9 -2.9
SPDW SPDR Portfolio Developed World ex-US ETF 21.9 3 15 6.8 -3.0
JHID John Hancock International High Dividend ETF 21.8 46 -28 11.0 +1.2
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 21.8 45 -27 6.6 -3.2
VEA Vanguard FTSE Developed Markets ETF 21.7 5 13 6.9 -3.0
IQDF FlexShares International Quality Dividend Index Fund 21.6 47 -29 8.9 -0.9
DWMF WisdomTree International Multifactor Fund 21.6 38 -20 7.4 -2.5
UIVM VictoryShares International Value Momentum ETF 21.4 35 -17 10.5 +0.6
RODE Hartford Multifactor Diversified International ETF 21.3 29 -11 11.4 +1.6
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 21.2 14 4 5.8 -4.0
VWID Virtus WMC International Dividend ETF 21.1 49 -31 9.2 -0.6
RFEU First Trust Riverfront Dynamic Europe ETF 20.8 83 -65 8.8 -1.0
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 20.5 41 -23 6.7 -3.1
CWI SPDR MSCI ACWI ex-US ETF 20.4 30 -12 6.7 -3.1
FEZ SPDR EURO STOXX 50 ETF 20.0 29 -11 6.5 -3.4
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 19.8 39 -21 7.2 -2.6
IMTM iShares MSCI Intl Momentum Factor ETF 19.7 30 -12 6.6 -3.2
DFAI Dimensional International Core Equity Market ETF 19.5 18 0 7.0 -2.9
DGT SPDR Global Dow ETF 19.3 50 -32 6.6 -3.2
IQLT iShares MSCI Intl Quality Factor ETF 19.1 30 -12 6.0 -3.9
DTH WisdomTree International High Dividend Fund 19.0 58 -40 10.0 +0.2
ACWX iShares MSCI ACWI ex U.S. ETF 18.9 34 -16 6.8 -3.1
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 18.7 39 -21 7.7 -2.2
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 18.7 20 -2 10.2 +0.4
NUDM Nuveen ESG International Developed Markets Equity ETF 18.3 31 -13 6.3 -3.5
CIL VictoryShares International Volatility Wtd ETF 18.2 45 -27 6.8 -3.0
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 18.2 51 -33 6.7 -3.1
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 18.2 25 -7 7.7 -2.1
EUDG WisdomTree Europe Quality Dividend Growth Fund 18.1 58 -40 5.9 -4.0
IQDY FlexShares International Quality Dividend Dynamic Index Fund 18.1 47 -29 9.1 -0.7
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 17.9 9 9 9.5 -0.3
IMFL Invesco International Developed Dynamic Multifactor ETF 17.9 34 -16 10.8 +0.9
EFAV iShares MSCI EAFE Min Vol Factor ETF 17.8 22 -4 5.9 -3.9
JPXN iShares JPX-Nikkei 400 ETF 17.5 48 -30 7.8 -2.1
IGRO iShares International Dividend Growth ETF 16.8 15 3 7.1 -2.7
IDMO Invesco S&P International Developed Momentum ETF 16.7 25 -7 7.6 -2.3
EWJV iShares MSCI Japan Value ETF 16.7 15 3 8.6 -1.3
EWJ iShares MSCI Japan ETF 16.7 50 -32 7.1 -2.8
DBJP Xtrackers MSCI Japan Hedged Equity ETF 16.5 47 -29 6.9 -2.9
DIHP Dimensional International High Profitability ETF 16.5 29 -11 7.4 -2.4
EFG iShares MSCI EAFE Growth ETF 16.4 36 -18 4.3 -5.5
BBJP JPMorgan BetaBuilders Japan ETF 16.3 19 -1 6.9 -2.9
IXUS iShares Core MSCI Total International Stock ETF 16.2 7 11 7.0 -2.8
AVIV Avantis International Large Cap Value ETF 16.2 25 -7 8.8 -1.0
OEUR ALPS O'Shares Europe Quality Dividend ETF 16.1 48 -30 5.9 -3.9
VEU Vanguard FTSE All-World ex-US Index Fund 16.0 8 10 7.0 -2.8
IDHQ Invesco S&P International Developed High Quality ETF 16.0 29 -11 6.2 -3.6
ICOW Pacer Developed Markets International Cash Cows 100 ETF 15.7 65 -47 12.3 +2.5
FLJP Franklin FTSE Japan ETF 15.6 9 9 7.0 -2.8
JPIN J.P. Morgan Diversified Return International Equity ETF 15.5 37 -19 8.5 -1.4
FLJH Franklin FTSE Japan Hedged ETF 15.5 9 9 7.3 -2.6
IPAC iShares Core MSCI Pacific ETF 15.3 9 9 6.8 -3.0
FDT First Trust Developed Markets ex-US AlphaDEX Fund 15.0 80 -62 8.1 -1.8
UMMA Wahed Dow Jones Islamic World ETF 14.9 65 -47 4.6 -5.3
LVHI Franklin International Low Volatility High Dividend Index ET 14.9 40 -22 10.3 +0.5
EQIN Columbia US Equity Income ETF 14.5 35 -17 8.5 -1.4
IDOG ALPS International Sector Dividend Dogs ETF 14.4 50 -32 11.5 +1.7
WRND IQ Global Equity R&D Leaders ETF 14.4 18 0 7.1 -2.7
FEP First Trust Europe AlphaDEX Fund 14.3 80 -62 5.5 -4.3
FLGB Franklin FTSE United Kingdom ETF 13.9 9 9 8.2 -1.6
VPL Vanguard FTSE Pacific ETF 13.8 8 10 6.9 -2.9
DMXF iShares ESG Advanced MSCI EAFE ETF 13.8 12 6 5.1 -4.7
VXUS Vanguard Total International Stock ETF 13.6 7 11 6.9 -2.9
DXJ WisdomTree Japan Hedged Equity Fund 13.4 48 -30 8.1 -1.7
DFIC Dimensional International Core Equity 2 ETF 13.3 23 -5 7.5 -2.4
FEUZ First Trust Eurozone AlphaDEX ETF 13.2 80 -62 4.3 -5.5
VSGX Vanguard ESG International Stock ETF 13.0 12 6 6.5 -3.3
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 13.0 58 -40 6.0 -3.8
IQDG WisdomTree International Quality Dividend Growth Fund 12.9 42 -24 6.1 -3.7
SCHY Schwab International Dividend Equity ETF 12.9 14 4 8.9 -0.9
DMDV AAM S&P Developed Markets High Dividend Value ETF 12.8 39 -21 13.1 +3.2
HEDJ WisdomTree Europe Hedged Equity Fund 12.8 58 -40 9.3 -0.5
FICS First Trust International Developed Capital Strength ETF 12.7 70 -52 4.3 -5.6
EWU iShares MSCI United Kingdom ETF 12.7 50 -32 7.9 -1.9
AVDE Avantis International Equity ETF 12.4 23 -5 7.8 -2.1
GCOW Pacer Global Cash Cows Dividend ETF 12.3 60 -42 12.1 +2.3
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 12.1 24 -6 8.3 -1.5
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 12.1 80 -62 3.5 -6.4
BINV Brandes International ETF 12.0 70 -52 8.2 -1.6
VIGI Vanguard International Dividend Appreciation ETF 11.9 15 3 5.7 -4.1
IPKW Invesco International BuyBack Achievers ETF 11.9 55 -37 9.5 -0.3
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 11.9 80 -62 5.2 -4.6
ESGG FlexShares STOXX Global ESG Select Index Fund 11.9 42 -24 5.2 -4.6
MOTI VanEck Morningstar International Moat ETF 11.6 58 -40 6.2 -3.6
TPIF Timothy Plan International ETF 11.6 62 -44 6.5 -3.3
FJP First Trust Japan AlphaDEX Fund 11.4 80 -62 10.8 +1.0
ISZE iShares MSCI Intl Size Factor ETF 11.3 30 -12 6.7 -3.1
WWJD Inspire International ETF 11.3 80 -62 6.9 -2.9
LEGR First Trust Indxx Innovative Transaction & Process ETF 11.2 65 -47 8.3 -1.5
CGXU Capital Group International Focus Equity ETF 10.9 54 -36 5.1 -4.7
IDLV Invesco S&P International Developed Low Volatility ETF 10.7 25 -7 5.8 -4.0
IOO iShares Global 100 ETF 10.7 41 -23 4.9 -5.0
AIVI WisdomTree International AI Enhanced Value Fund 10.7 58 -40 8.0 -1.9
IXG iShares Global Financials ETF 10.6 42 -24 6.6 -3.2
EUDV ProShares MSCI Europe Dividend Growers ETF 10.4 55 -37 4.9 -4.9
FLGR Franklin FTSE Germany ETF 10.1 9 9 7.1 -2.7
EWG iShares MSCI Germany ETF 10.1 50 -32 6.5 -3.4
OSEA Harbor International Compounders ETF 9.9 55 -37 3.9 -5.9
BKCI BNY Mellon Concentrated International ETF 9.8 80 -62 3.8 -6.0
DFSI Dimensional International Sustainability Core 1 ETF 9.8 24 -6 6.1 -3.7
GNR SPDR S&P Global Natural Resources ETF 9.8 40 -22 9.8 0.0
FKU First Trust United Kingdom AlphaDEX Fund 9.8 80 -62 7.1 -2.7
EUFN iShares MSCI Europe Financials ETF 9.8 51 -33 8.0 -1.8
IDV iShares International Select Dividend ETF 9.7 51 -33 12.0 +2.2
DAX Global X DAX Germany ETF 9.6 21 -3 6.9 -2.9
IMOM Alpha Architect International Quantitative Momentum ETF 9.6 49 -31 7.3 -2.6
CGGO Capital Group Global Growth Equity ETF 9.6 47 -29 4.8 -5.1
DSTX Distillate International Fundamental Stability & Value ETF 9.5 55 -37 8.6 -1.2
QWLD SPDR MSCI World StrategicFactors ETF 9.4 30 -12 5.9 -3.9
EFAD ProShares MSCI EAFE Dividend Growers ETF 9.3 50 -32 5.0 -4.8
WLDR Affinity World Leaders Equity ETF 9.3 67 -49 8.4 -1.4
BBCA JPMorgan BetaBuilders Canada ETF 9.2 19 -1 7.2 -2.7
EXI iShares Global Industrials ETF 9.0 42 -24 4.9 -4.9
VIDI Vident International Equity Strategy ETF 8.9 61 -43 11.9 +2.0
DFAX Dimensional World ex U.S. Core Equity 2 ETF 8.9 30 -12 7.9 -2.0
KOCG FIS Knights of Columbus Global Belief ETF 8.7 75 -57 5.4 -4.4
FLCA Franklin FTSE Canada ETF 8.7 9 9 7.4 -2.4
RAYD Rayliant Quantitative Developed Market Equity ETF 8.7 80 -62 4.5 -5.3
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 8.5 46 -28 9.3 -0.5
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 8.5 42 -24 7.4 -2.4
DEW WisdomTree Global High Dividend Fund 8.3 58 -40 8.7 -1.2
EWQ iShares MSCI France ETF 8.3 53 -35 5.8 -4.0
FYLD Cambria Foreign Shareholder Yield ETF 8.2 59 -41 12.2 +2.3
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 7.9 65 -47 5.8 -4.0
FGM First Trust Germany AlphaDEX Fund 7.6 80 -62 9.7 -0.2
TTAI FCF International Quality ETF 7.6 59 -41 6.6 -3.2
URTH iShares MSCI World ETF 7.5 24 -6 5.4 -4.5
NXTG First Trust Indxx NextG ETF 7.5 70 -52 5.9 -4.0
KOKU Xtrackers MSCI Kokusai Equity ETF 7.5 9 9 5.4 -4.4
EWC iShares MSCI Canada ETF 7.4 50 -32 7.1 -2.7
JIG JPMorgan International Growth ETF 7.3 55 -37 4.3 -5.6
MOTG VanEck Morningstar Global Wide Moat ETF 7.2 52 -34 5.7 -4.2
GLOF iShares Global Equity Factor ETF 7.0 20 -2 7.2 -2.6
IVAL Alpha Architect International Quantitative Value ETF 6.8 49 -31 10.2 +0.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 6.8 9 9 5.7 -4.2
CLNR IQ Cleaner Transport ETF 6.8 45 -27 6.3 -3.5
FGD First Trust Dow Jones Global Select Dividend Index Fund 6.7 56 -38 13.6 +3.8
ACWI iShares MSCI ACWI ETF 6.7 32 -14 5.5 -4.4
EPP iShares MSCI Pacific ex-Japan ETF 6.7 47 -29 5.3 -4.5
EFAS Global X MSCI SuperDividend EAFE ETF 6.7 57 -39 9.7 -0.1
TOK iShares MSCI Kokusai ETF 6.5 26 -8 5.2 -4.6
AGQI First Trust Active Global Quality Income ETF 6.5 85 -67 5.4 -4.4
GVAL Cambria Global Value ETF 6.4 68 -50 12.9 +3.1
DWX SPDR S&P International Dividend ETF 6.4 45 -27 6.6 -3.2
RXI iShares Global Consumer Discretionary ETF 6.4 41 -23 5.8 -4.0
IXJ iShares Global Healthcare ETF 6.3 42 -24 5.8 -4.0
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 6.2 19 -1 5.7 -4.1
FLSW Franklin FTSE Switzerland ETF 6.2 9 9 5.0 -4.8
EWN iShares MSCI Netherlands ETF 6.2 50 -32 4.6 -5.2
MXI iShares Global Materials ETF 6.1 41 -23 6.8 -3.0
VT Vanguard Total World Stock ETF 6.0 7 11 5.8 -4.1
KXI iShares Global Consumer Staples ETF 6.0 41 -23 5.5 -4.3
BLES Inspire Global Hope ETF 5.9 61 -43 6.4 -3.5
XT iShares Exponential Technologies ETF 5.8 46 -28 4.7 -5.1
NTZG Nuveen Global Net Zero Transition ETF 5.8 56 -38 4.8 -5.0
CRBN iShares MSCI ACWI Low Carbon Target ETF 5.7 20 -2 5.3 -4.5
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 5.5 25 -7 5.7 -4.1
SXUS Janus Henderson International Sustainable Equity ETF 5.5 60 -42 4.1 -5.7
KLDW Knowledge Leaders Developed World ETF 5.4 75 -57 4.8 -5.0
PID Invesco International Dividend Achievers ETF 5.4 53 -35 6.8 -3.0
SDG iShares MSCI Global Sustainable Development Goals ETF 5.4 49 -31 5.6 -4.2
DIVS SmartETFs Dividend Builder ETF 5.2 65 -47 5.1 -4.8
TEMP JPMorgan Climate Change Solutions ETF 5.2 49 -31 5.3 -4.5
EWL iShares MSCI Switzerland ETF 5.2 50 -32 4.0 -5.8
JGLO JPMorgan Global Select Equity ETF 5.0 33 -15 4.5 -5.3
FLAU Franklin FTSE Australia ETF 5.0 9 9 5.5 -4.4
EWA iShares MSCI Australia ETF 5.0 50 -32 5.1 -4.7
PICK iShares MSCI Global Metals & Mining Producers ETF 4.8 39 -21 12.7 +2.9
HART IQ Healthy Hearts ETF 4.8 45 -27 5.2 -4.6
CARZ First Trust NASDAQ Global Auto Index Fund 4.8 70 -52 2.9 -6.9
SAGP Strategas Global Policy Opportunities ETF 4.7 65 -47 5.3 -4.5
IXC iShares Global Energy ETF 4.6 44 -26 9.1 -0.7
FILL iShares MSCI Global Energy Producers ETF 4.6 39 -21 10.0 +0.2
OCEN IQ Clean Oceans ETF 4.6 45 -27 5.6 -4.2
DVYA iShares Asia/Pacific Dividend ETF 4.5 49 -31 9.3 -0.5
HAP VanEck Natural Resources ETF 4.4 50 -32 10.0 +0.2
BNE Blue Horizon BNE ETF 4.4 87 -69 5.2 -4.6
FDD First Trust Stoxx European Select Dividend Index Fund 4.4 58 -40 12.9 +3.1
GDVD R3 Global Dividend Growth ETF 4.4 88 -70 5.6 -4.3
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 4.3 80 -62 8.2 -1.6
MOTO SmartETFs Smart Transportation & Technology ETF 4.3 68 -50 7.1 -2.7
GINN Goldman Sachs Innovate Equity ETF 4.3 52 -34 2.7 -7.1
QTUM Defiance Quantum ETF 4.2 40 -22 4.4 -5.4
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 4.2 45 -27 5.8 -4.0
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 4.1 47 -29 5.7 -4.1
ACWV iShares MSCI Global Min Vol Factor ETF 4.0 20 -2 6.2 -3.6
FDVV Fidelity High Dividend ETF 3.9 15 3 9.0 -0.8
IXN iShares Global Tech ETF 3.9 41 -23 4.3 -5.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.9 12 6 4.8 -5.0
FDRR Fidelity Dividend ETF for Rising Rates 3.8 15 3 7.7 -2.1
WBAT WisdomTree Battery Value Chain and Innovation Fund 3.5 45 -27 -0.5 -10.3
TOLL Tema Monopolies and Oligopolies ETF 3.5 75 -57 2.8 -7.1
CGDV Capital Group Dividend Value ETF 3.4 33 -15 5.7 -4.1
ION ProShares S&P Global Core Battery Metals ETF 3.4 58 -40 13.0 +3.2
CANC Tema Oncology ETF 3.3 75 -57 -4.1 -13.9
FDTX Fidelity Disruptive Technology ETF 3.3 50 -32 3.0 -6.8
FID First Trust S&P International Dividend Aristocrats ETF 3.2 60 -42 9.4 -0.4
EV Mast Global Battery Recycling & Production ETF 3.2 65 -47 13.2 +3.3
FTAG First Trust Indxx Global Agriculture ETF 3.1 70 -52 9.2 -0.6
BECO BlackRock Future Climate and Sustainable Economy ETF 3.1 70 -52 12.8 +3.0
INFL Horizon Kinetics Inflation Beneficiaries ETF 3.1 85 -67 4.6 -5.3
AIQ Global X Artificial Intelligence & Technology ETF 3.0 68 -50 4.0 -5.8
GSFP Goldman Sachs Future Planet Equity ETF 3.0 75 -57 4.5 -5.4
BLLD JPMorgan Sustainable Infrastructure ETF 2.9 49 -31 5.6 -4.2
NDIV Amplify Natural Resources Dividend Income ETF 2.9 59 -41 9.4 -0.4
CRTC Xtrackers US National Critical Technologies ETF 2.9 35 -17 5.4 -4.5
JXI iShares Global Utilities ETF 2.8 43 -25 6.3 -3.5
KNCT Invesco Next Gen Connectivity ETF 2.8 40 -22 5.7 -4.2
FSZ First Trust Switzerland AlphaDEX Fund 2.8 80 -62 3.9 -5.9
WDNA WisdomTree BioRevolution Fund 2.7 45 -27 -3.7 -13.5
ANEW ProShares MSCI Transformational Changes ETF 2.6 45 -27 3.6 -6.2
FPAG FPA Global Equity ETF 2.6 49 -31 5.5 -4.4
WDIV SPDR S&P Global Dividend ETF 2.6 40 -22 9.6 -0.2
INNO Harbor Disruptive Innovation ETF 2.6 75 -57 -1.5 -11.4
TINY ProShares Nanotechnology ETF 2.6 58 -40 1.4 -8.5
LOUP Innovator Deepwater Frontier Tech ETF 2.6 70 -52 1.9 -7.9
IVEG iShares Emergent Food and AgTech Multisector ETF 2.4 47 -29 8.2 -1.6
IDNA iShares Genomics Immunology and Healthcare ETF 2.4 47 -29 -4.0 -13.9
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 2.4 58 -40 4.7 -5.1
FLHK Franklin FTSE Hong Kong ETF 2.4 9 9 7.4 -2.4
EWH iShares MSCI Hong Kong ETF 2.4 50 -32 7.0 -2.9
COPX Global X Copper Miners ETF 2.4 65 -47 8.0 -1.9
DIM WisdomTree International MidCap Dividend Fund 2.4 58 -40 7.5 -2.3
IBOT Vaneck Robotics ETF 2.4 47 -29 3.7 -6.1
IXP iShares Global Comm Services ETF 2.3 42 -24 5.4 -4.4
FIXT Procure Disaster Recovery Strategy ETF 2.3 75 -57 5.9 -3.9
DINT Davis Select International ETF 2.3 55 -37 6.2 -3.6
ADIV SmartETFs Asia Pacific Dividend Builder ETF 2.3 78 -60 9.3 -0.5
TOKE Cambria Cannabis ETF 2.3 42 -24 2.2 -7.7
CGUS Capital Group Core Equity ETF 2.2 33 -15 4.6 -5.2
EWD iShares MSCI Sweden ETF 2.2 54 -36 6.1 -3.7
UDI USCF Dividend Income Fund 2.2 65 -47 7.4 -2.4
IQRA IQ CBRE Real Assets ETF 2.2 65 -47 5.5 -4.3
EWI iShares MSCI Italy ETF 2.2 50 -32 8.3 -1.6
URA Global X Uranium ETF 2.1 69 -51 3.2 -6.6
ROBO ROBO Global Robotics & Automation Index ETF 2.1 95 -77 3.3 -6.6
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 2.1 49 -31 10.7 +0.9
AGNG Global X Aging Population ETF 2.1 50 -32 3.9 -5.9
JSTC Adasina Social Justice All Cap Global ETF 2.1 89 -71 4.9 -5.0
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 2.1 68 -50 8.3 -1.6
FAN First Trust Global Wind Energy ETF 2.0 60 -42 5.3 -4.5
IGF iShares Global Infrastructure ETF 2.0 41 -23 4.8 -5.0
GII SPDR S&P Global Infrastructure ETF 2.0 40 -22 4.8 -5.0
PAWZ ProShares Pet Care ETF 1.9 50 -32 3.6 -6.3
NANR SPDR S&P North American Natural Resources ETF 1.9 35 -17 7.3 -2.5
CGV Conductor Global Equity Value ETF 1.9 130 -112 10.5 +0.7
VCLN Virtus Duff & Phelps Clean Energy ETF 1.8 59 -41 3.4 -6.4
LUX Tema Luxury ETF 1.8 75 -57 3.9 -6.0
LUXX Roundhill S&P Global Luxury ETF 1.8 45 -27 3.0 -6.8
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 1.8 47 -29 1.9 -7.9
GDOC Goldman Sachs Future Health Care Equity ETF 1.8 75 -57 3.4 -6.5
SHLD Global X Defense Tech ETF 1.8 50 -32 5.0 -4.8
BNGE First Trust S-Network Streaming and Gaming ETF 1.7 70 -52 -2.1 -12.0
IDAT iShares Future Cloud 5G and Tech ETF 1.7 47 -29 4.4 -5.5
WPS iShares International Developed Property ETF 1.7 48 -30 7.0 -2.9
DRIV Global X Autonomous & Electric Vehicles ETF 1.7 68 -50 5.7 -4.2
EWP iShares MSCI Spain ETF 1.7 50 -32 7.9 -1.9
VEGI iShares MSCI Agriculture Producers ETF 1.7 39 -21 9.5 -0.4
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.7 12 6 8.0 -1.9
HTEC ROBO Global Healthcare Technology and Innovation ETF 1.6 68 -50 0.3 -9.5
SHPP Pacer Industrials and Logistics ETF 1.6 60 -42 8.5 -1.3
MJ ETFMG Alternative Harvest 1.6 75 -57 -35.1 -45.0
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.6 65 -47 1.3 -8.6
FFLC Fidelity Fundamental Large Cap Core ETF 1.5 38 -20 5.1 -4.7
IQM Franklin Intelligent Machines ETF 1.5 50 -32 3.5 -6.3
ISHP First Trust Nasdaq Retail ETF 1.5 60 -42 3.2 -6.6
RVRB Reverb ETF 1.4 30 -12 5.0 -4.8
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 1.4 85 -67 8.7 -1.1
GMET VanEck Green Metals ETF 1.4 63 -45 10.6 +0.8
FBOT Fidelity Disruptive Automation ETF 1.4 50 -32 3.8 -6.0
PRNT 3D Printing ETF 1.4 66 -48 -1.2 -11.1
BULD Pacer BlueStar Engineering the Future ETF 1.4 60 -42 1.2 -8.6
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.3 61 -43 2.7 -7.1
ERTH Invesco MSCI Sustainable Future ETF 1.3 62 -44 3.2 -6.6
MINV Matthews Asia Innovators Active ETF 1.2 79 -61 1.0 -8.8
FDCF Fidelity Disruptive Communications ETF 1.2 50 -32 2.7 -7.1
SNSR Global X Internet of Things ETF 1.2 68 -50 4.3 -5.6
CGGR Capital Group Growth ETF 1.2 39 -21 3.6 -6.2
MOO VanEck Agribusiness ETF 1.2 53 -35 9.6 -0.2
FPXI First Trust International Equity Opportunities ETF 1.2 70 -52 4.0 -5.8
AADR AdvisorShares Dorsey Wright ADR ETF 1.2 110 -92 5.9 -3.9
ARVR First Trust Indxx Metaverse ETF 1.2 70 -52 1.7 -8.1
IVRS iShares Future Metaverse Tech and Communications ETF 1.2 47 -29 -3.9 -13.7
METV Roundhill Ball Metaverse ETF 1.2 59 -41 3.4 -6.4
ASEA Global X FTSE Southeast Asia ETF 1.2 65 -47 6.3 -3.5
EWS iShares MSCI Singapore ETF 1.2 50 -32 5.6 -4.2
DWLD Davis Select Worldwide ETF 1.2 63 -45 7.0 -2.9
FDNI First Trust Dow Jones International Internet ETF 1.2 65 -47 3.0 -6.9
CLOD Themes Cloud Computing ETF 1.2 35 -17 3.7 -6.1
DFNL Davis Select Financial ETF 1.1 63 -45 7.2 -2.7
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 1.1 55 -37 3.5 -6.4
BTEK Future Tech ETF 1.1 88 -70 2.3 -7.6
SMOG VanEck Low Carbon Energy ETF 1.1 61 -43 2.7 -7.1
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 1.1 75 -57 7.6 -2.3
LNGG Roundhill Alerian LNG ETF 1.1 65 -47 8.5 -1.3
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 1.1 18 0 7.0 -2.8
APIE ActivePassive International Equity ETF 1.1 45 -27 7.6 -2.3
RSHO Tema American Reshoring ETF 1.1 75 -57 3.6 -6.3
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.1 10 8 7.6 -2.2
IVRA Invesco Real Assets ESG ETF 1.1 59 -41 6.4 -3.4
VRAI Virtus Real Asset Income ETF 1.0 55 -37 8.3 -1.6
IGE iShares North American Natural Resources ETF 1.0 41 -23 6.9 -3.0
MBOX Freedom Day Dividend ETF 1.0 39 -21 7.7 -2.1
BATT Amplify Lithium & Battery Technology ETF 1.0 59 -41 0.6 -9.3
CZA Invesco Zacks Mid-Cap ETF 1.0 72 -54 6.4 -3.5
FTWO Strive FAANG 2.0 ETF 1.0 49 -31 5.2 -4.6
SUPL ProShares Supply Chain Logistics ETF 0.9 58 -40 14.1 +4.3
NVIR Horizon Kinetics Energy and Remediation ETF 0.9 85 -67 1.8 -8.0
FMIL Fidelity New Millennium ETF 0.9 59 -41 4.6 -5.2
BUYZ Franklin Disruptive Commerce ETF 0.9 50 -32 2.2 -7.7
MVPS Amplify Thematic All-Stars ETF 0.9 49 -31 3.1 -6.8
TMFG Motley Fool Global Opportunities ETF 0.9 85 -67 3.4 -6.4
GREI Goldman Sachs Future Real Estate and Infrastructure Equity E 0.9 75 -57 4.6 -5.2
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.9 46 -28 5.4 -4.5
HAIL SPDR S&P Kensho Smart Mobility ETF 0.9 45 -27 -2.8 -12.6
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.8 70 -52 6.3 -3.6
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.8 75 -57 5.0 -4.8
FBCV Fidelity Blue Chip Value ETF 0.8 59 -41 7.3 -2.6
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.8 72 -54 0.1 -9.7
LIT Global X Lithium & Battery Tech ETF 0.8 75 -57 14.0 +4.2
CHAT Roundhill Generative AI & Technology ETF 0.8 75 -57 4.1 -5.8
AVRE Avantis Real Estate ETF 0.7 17 1 6.1 -3.7
IFGL iShares International Developed Real Estate ETF 0.7 48 -30 6.6 -3.2
RWX SPDR Dow Jones International Real Estate ETF 0.7 59 -41 6.6 -3.3
GVLU Gotham 1000 Value ETF 0.7 50 -32 7.6 -2.2
CVAR Cultivar ETF 0.7 87 -69 7.2 -2.7
EDEN iShares MSCI Denmark ETF 0.7 53 -35 5.8 -4.0
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.7 39 -21 -2.7 -12.6
GBUY Goldman Sachs Future Consumer Equity ETF 0.7 75 -57 3.7 -6.2
GTEK Goldman Sachs Future Tech Leaders Equity ETF 0.7 75 -57 3.1 -6.7
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.7 79 -61 4.9 -4.9
BOAT SonicShares Global Shipping ETF 0.7 69 -51 31.0 +21.1
IGPT Invesco AI and Next Gen Software ETF 0.7 60 -42 4.3 -5.5
ACTV LeaderShares Activist Leaders ETF 0.7 75 -57 6.6 -3.2
RNEM First Trust Emerging Markets Equity Select ETF 0.7 75 -57 5.9 -3.9
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 0.7 58 -40 9.2 -0.6
GQRE FlexShares Global Quality Real Estate Index Fund 0.7 45 -27 6.5 -3.4
BLDG Cambria Global Real Estate ETF 0.7 60 -42 9.5 -0.4
FLAX Franklin FTSE Asia Ex Japan ETF 0.6 19 -1 7.0 -2.9
BJK VanEck Gaming ETF 0.6 65 -47 1.9 -7.9
ESPO VanEck Video Gaming and eSports ETF 0.6 56 -38 4.2 -5.7
GGME Invesco Next Gen Media and Gaming ETF 0.6 60 -42 3.9 -5.9
ODDS Pacer BlueStar Digital Entertainment ETF 0.6 60 -42 2.3 -7.5
FTRI First Trust Indxx Global Natural Resources Income ETF 0.6 70 -52 10.0 +0.2
CRUZ Defiance Hotel Airline and Cruise ETF 0.6 45 -27 -5.1 -14.9
JETS U.S. Global Jets ETF 0.6 60 -42 -15.6 -25.5
KROP Global X AgTech & Food Innovation ETF 0.5 50 -32 4.7 -5.1
ERET iShares Environmentally Aware Real Estate ETF 0.5 30 -12 6.7 -3.1
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.5 68 -50 4.2 -5.6
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.5 60 -42 0.5 -9.3
EFNL iShares MSCI Finland ETF 0.5 56 -38 8.0 -1.8
TRFK Pacer Data and Digital Revolution ETF 0.5 60 -42 4.6 -5.2
DFIS Dimensional International Small Cap ETF 0.5 39 -21 6.4 -3.4
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.5 70 -52 3.8 -6.0
RWO SPDR Dow Jones Global Real Estate ETF 0.5 50 -32 6.3 -3.5
REET iShares Global REIT ETF 0.4 14 4 6.6 -3.3
DFGR Dimensional Global Real Estate ETF 0.4 22 -4 6.5 -3.4
SCHC Schwab International Small-Cap Equity ETF 0.4 11 7 6.2 -3.6
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.4 50 -32 10.9 +1.1
SCJ iShares MSCI Japan Small-Cap ETF 0.4 50 -32 6.3 -3.5
AIA iShares Asia 50 ETF 0.4 50 -32 6.7 -3.2
ECLN First Trust EIP Carbon Impact ETF 0.3 96 -78 5.0 -4.8
EIPI FT Energy Income Partners Enhanced Income ETF 0.3 110 -92 5.8 -4.1
EMLP First Trust North American Energy Infrastructure Fund 0.3 95 -77 5.3 -4.5
ISCF iShares International SmallCap Equity Factor ETF 0.3 23 -5 8.7 -1.1
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.3 7 11 6.4 -3.5
STXV Strive 1000 Value ETF 0.3 18 0 7.7 -2.1
IEUS iShares MSCI Europe Small-Cap ETF 0.3 42 -24 5.8 -4.0
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.3 49 -31 6.4 -3.4
SEA U.S. Global Sea to Sky Cargo ETF 0.3 60 -42 17.7 +7.9
SCZ iShares MSCI EAFE Small-Cap ETF 0.3 40 -22 6.2 -3.7
EMGF iShares Emerging Markets Equity Factor ETF 0.2 25 -7 8.7 -1.1
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.2 75 -57 4.3 -5.5
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.2 15 3 7.3 -2.5
ICAP InfraCap Equity Income Fund ETF 0.2 171 -153 6.5 -3.3
KOMP SPDR S&P Kensho New Economies Composite ETF 0.2 20 -2 1.1 -8.7
FNDC Schwab Fundamental International Small Co. Index ETF 0.1 39 -21 7.0 -2.9
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.1 36 -18 7.1 -2.7
BKEM BNY Mellon Emerging Markets Equity ETF 0.1 11 7 7.5 -2.4
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.1 33 -15 7.1 -2.7
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.1 59 -41 9.2 -0.6
STRV Strive 500 ETF 0.1 5 13 5.2 -4.6
JRE Janus Henderson U.S. Real Estate ETF 0.1 65 -47 5.8 -4.1
ROOF IQ CBRE NextGen Real Estate ETF 0.1 60 -42 7.0 -2.8
NANC Unusual Whales Subversive Democratic Trading ETF 0.1 75 -57 3.9 -5.9
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.1 39 -21 12.3 +2.5
KRUZ Unusual Whales Subversive Republican Trading ETF 0.0 75 -57 5.7 -4.2
DISV Dimensional International Small Cap Value ETF 0.0 42 -24 8.8 -1.1
SPEM SPDR Portfolio Emerging Markets ETF 0.0 7 11 7.4 -2.4

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%.

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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

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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:		 Fidelity International Value Factor 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 10.9 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 18 bp
Equals: ALTAR Score 9.8 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.59 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.