Fidelity International Value Factor ETF
ALTAR
Score™		 7.4% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 14.2x P/Sales
ratio		 1.1x
P/BV
ratio		 1.6x Div.
yield		 3.6%


  • 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) $379
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) $93,758
Large cap (>$10bn) 88.3%
Mid cap ($2-10bn) 10.3%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
BARRICK MINING CORP 2.6 %
ASML HOLDING NV 2.5 %
FRESNILLO PLC 1.9 %
HSBC HOLDINGS PLC 1.7 %
NESTLE SA-REG 1.6 %
TOYOTA MOTOR CORP 1.5 %
LVMH MOET HENNESSY LOUIS VUI 1.5 %
BANCO SANTANDER SA 1.4 %
ROCHE HOLDING AG-BR 1.4 %
TORONTO-DOMINION BANK 1.4 %
Total 17.5 %

TOP COUNTRY EXPOSURE
JAPAN 22.0 %
BRITAIN 14.7 %
CANADA 11.8 %
FRANCE 10.9 %
SWITZERLAND 7.2 %
GERMANY 6.3 %
AUSTRALIA 4.3 %
NETHERLANDS 3.4 %
DENMARK 3.0 %
SWEDEN 3.0 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
1.7% 33.5% 11.9% -- 7.5%

Market Correlations
versus... Beta R-squared
S&P500 0.72 61%
MSCI EAFE 0.97 95%
MSCI Emg. Mkts. 0.72 68%

Technical Indicators
Recent close $37.18
30d moving avg. $35.32
Annualized volatility 14.0%
Short interest (ETF) 0.5%
Relative strength (RSI) 55

Liquidity measures
Avg. volume (thou.) 151
Turnover 1.5%
Bid/Ask (% of price) 0.12%
ADV underlying (mns) $9,121

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 475 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™: 7.4%


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
(%)
DIVI Franklin International Core Dividend Tilt Index ETF 38.2 9 9 6.5 -0.9
IVLU iShares MSCI Intl Value Factor ETF 37.0 30 -12 8.0 +0.6
FENI Fidelity Enhanced International ETF 36.4 28 -10 5.7 -1.7
JIRE JPMorgan International Research Enhanced Equity ETF 36.1 24 -6 5.7 -1.7
BBEU JPMorgan BetaBuilders Europe ETF 33.5 9 9 6.0 -1.3
DOL WisdomTree International LargeCap Dividend Fund 33.0 48 -30 5.6 -1.7
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 32.8 25 -7 6.2 -1.2
STXI Strive International Developed Markets ETF 32.6 29 -11 6.2 -1.2
FLEE Franklin FTSE Europe ETF 32.5 9 9 6.1 -1.3
DBEU Xtrackers MSCI Europe Hedged Equity ETF 32.4 46 -28 5.5 -1.9
GSID Goldman Sachs MarketBeta International Equity ETF 31.5 20 -2 5.7 -1.6
EFV iShares MSCI EAFE Value ETF 31.3 34 -16 7.4 +0.0
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 31.2 36 -18 5.3 -2.0
BKIE BNY Mellon International Equity ETF 30.5 4 14 5.9 -1.5
HFXI IQ FTSE International Equity Currency Neutral ETF 30.1 20 -2 5.6 -1.7
LVHI Franklin International Low Volatility High Dividend Index ET 30.0 40 -22 7.5 +0.1
EFA iShares MSCI EAFE ETF 28.6 35 -17 5.6 -1.8
IVSI Applied Finance IVS International LrgETF 28.4 65 -47 5.9 -1.5
JHMD John Hancock Multifactor Developed International ETF 28.3 39 -21 6.0 -1.4
CEFA Global X S&P Catholic Values Developed ex-US ETF 28.2 35 -17 5.5 -1.8
IEV iShares Europe ETF 28.0 67 -49 5.7 -1.7
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 27.4 20 -2 5.4 -1.9
JHID John Hancock International High Dividend ETF 27.3 46 -28 7.8 +0.4
GSIE Goldman Sachs ActiveBeta International Equity ETF 27.2 25 -7 6.0 -1.4
ESGD iShares ESG Aware MSCI EAFE ETF 27.1 20 -2 5.6 -1.7
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 26.2 45 -27 6.8 -0.6
DWM WisdomTree International Equity Fund 25.9 48 -30 5.5 -1.9
IQSI IQ Candriam International Equity ETF 25.9 15 3 5.5 -1.9
RFDI First Trust Riverfront Dynamic Developed International ETF 25.8 83 -65 7.5 +0.2
IEUR iShares Core MSCI Europe ETF 25.7 11 7 6.2 -1.2
VGK Vanguard FTSE Europe ETF 25.7 6 12 6.4 -1.0
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 25.6 40 -22 5.6 -1.8
QEFA SPDR MSCI EAFE StrategicFactors ETF 25.6 30 -12 5.9 -1.4
FNDF Schwab Fundamental International Large Co. Index ETF 25.4 25 -7 7.4 +0.1
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 25.3 20 -2 5.4 -1.9
SPEU SPDR Portfolio Europe ETF 25.1 7 11 6.3 -1.1
IEFA iShares Core MSCI EAFE ETF 25.0 7 11 5.9 -1.5
FIDI Fidelity International High Dividend ETF 24.6 18 0 7.0 -0.3
INTF iShares International Equity Factor ETF 24.5 15 3 6.3 -1.1
VYMI Vanguard International High Dividend Yield ETF 24.5 17 1 7.9 +0.5
QINT American Century Quality Diversified International ETF 24.3 39 -21 6.4 -0.9
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 24.1 14 4 5.2 -2.1
VWID Virtus WMC International Dividend ETF 24.0 49 -31 7.2 -0.1
FRGN Horizon International Equity ETF 23.8 75 -57 7.9 +0.6
IDEV iShares Core MSCI International Developed Markets ETF 23.5 4 14 5.9 -1.5
IMTM iShares MSCI Intl Momentum Factor ETF 22.6 30 -12 4.6 -2.8
UIVM VictoryShares International Value Momentum ETF 22.5 35 -17 8.0 +0.7
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 22.5 58 -40 7.2 -0.2
SCHF Schwab International Equity ETF 22.3 6 12 5.9 -1.5
VEA Vanguard FTSE Developed Markets ETF 22.1 3 15 5.9 -1.5
SPDW SPDR Portfolio Developed World ex-US ETF 22.1 3 15 5.8 -1.6
EZU iShares MSCI Eurozone ETF 22.1 52 -34 5.5 -1.9
DTH WisdomTree International High Dividend Fund 21.5 58 -40 7.1 -0.2
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 21.3 45 -27 5.6 -1.8
PPIE Putnam PanAgora ESG International Equity ETF 21.2 49 -31 6.3 -1.1
DFIV Dimensional International Value ETF 21.2 27 -9 7.6 +0.3
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 21.1 12 6 5.1 -2.2
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 21.1 41 -23 6.0 -1.3
GXUS Goldman Sachs MarketBeta Total International Equity ETF 20.9 18 0 6.3 -1.1
NUDM Nuveen ESG International Developed Markets Equity ETF 20.7 31 -13 5.5 -1.9
CWI SPDR MSCI ACWI ex-US ETF 20.5 30 -12 6.3 -1.0
IQDF FlexShares International Quality Dividend Index Fund 20.5 47 -29 7.5 +0.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 20.4 39 -21 6.8 -0.5
FDEV Fidelity International Multifactor ETF 20.4 18 0 7.0 -0.4
GCOW Pacer Global Cash Cows Dividend ETF 19.8 60 -42 9.1 +1.7
DIHP Dimensional International High Profitability ETF 19.8 29 -11 5.6 -1.8
DFAI Dimensional International Core Equity Market ETF 19.5 18 0 5.9 -1.5
IQLT iShares MSCI Intl Quality Factor ETF 19.5 30 -12 5.3 -2.1
INEQ Columbia International Equity Income ETF 19.3 45 -27 7.5 +0.1
RODM Hartford Multifactor Developed Markets (ex-US) ETF 19.3 29 -11 6.9 -0.5
CGIE Capital Group International Equity ETF 19.2 54 -36 4.5 -2.9
ACWX iShares MSCI ACWI ex U.S. ETF 18.8 34 -16 6.3 -1.1
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 18.8 58 -40 5.2 -2.1
IQDG WisdomTree International Quality Dividend Growth Fund 18.8 42 -24 5.5 -1.8
FEZ SPDR EURO STOXX 50 ETF 18.5 29 -11 5.6 -1.7
ICOW Pacer Developed Markets International Cash Cows 100 ETF 18.4 65 -47 7.7 +0.3
CIL VictoryShares International Volatility Wtd ETF 18.3 45 -27 5.8 -1.6
IGRO iShares International Dividend Growth ETF 18.2 15 3 6.6 -0.8
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 18.2 32 -14 5.2 -2.2
DGT State Street SPDR Global Dow ETF 18.0 50 -32 5.7 -1.6
IDHQ Invesco S&P International Developed High Quality ETF 18.0 29 -11 5.3 -2.0
OEFA ALPS O’Shares International Developed Quality Dividend ETF 17.9 48 -30 4.6 -2.8
FEP First Trust Europe AlphaDEX Fund 17.8 80 -62 6.6 -0.7
VEU Vanguard FTSE All-World ex-US Index Fund 17.6 4 14 6.6 -0.7
EUDG WisdomTree Europe Quality Dividend Growth Fund 17.6 58 -40 6.2 -1.2
IQDY FlexShares International Quality Dividend Dynamic Index Fund 17.4 47 -29 7.2 -0.1
DWMF WisdomTree International Multifactor Fund 17.4 38 -20 6.5 -0.8
AVIV Avantis International Large Cap Value ETF 17.2 25 -7 6.8 -0.6
IPAC iShares Core MSCI Pacific ETF 17.0 9 9 5.4 -1.9
EFG iShares MSCI EAFE Growth ETF 16.8 36 -18 3.7 -3.7
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 16.7 25 -7 5.4 -1.9
JPIN J.P. Morgan Diversified Return International Equity ETF 16.5 37 -19 6.9 -0.5
DMXF iShares ESG Advanced MSCI EAFE ETF 16.4 12 6 4.9 -2.5
VXUS Vanguard Total International Stock ETF 16.4 5 13 6.5 -0.8
JPXN iShares JPX-Nikkei 400 ETF 16.3 48 -30 5.4 -2.0
EWJ iShares MSCI Japan ETF 16.3 50 -32 4.9 -2.4
BBJP JPMorgan BetaBuilders Japan ETF 16.3 19 -1 5.3 -2.0
PATN Pacer Nasdaq International Patent Leaders ETF 16.2 65 -47 4.5 -2.9
EWJV iShares MSCI Japan Value ETF 16.1 15 3 6.9 -0.4
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 16.1 39 -21 6.0 -1.3
IXUS iShares Core MSCI Total International Stock ETF 16.1 7 11 6.5 -0.9
DBJP Xtrackers MSCI Japan Hedged Equity ETF 16.0 47 -29 4.7 -2.6
VSGX Vanguard ESG International Stock ETF 15.8 10 8 6.5 -0.8
DTAN Sparkline International Intangible Value ETF 15.7 55 -37 7.1 -0.3
IMFL Invesco International Developed Dynamic Multifactor ETF 15.7 34 -16 5.1 -2.3
VPL Vanguard FTSE Pacific ETF 15.0 7 11 5.3 -2.0
UMMA Wahed Dow Jones Islamic World ETF 14.9 65 -47 3.7 -3.6
FLJP Franklin FTSE Japan ETF 14.9 9 9 5.4 -2.0
FLJH Franklin FTSE Japan Hedged ETF 14.8 9 9 5.2 -2.2
EFAV iShares MSCI EAFE Min Vol Factor ETF 14.6 22 -4 5.5 -1.9
DEW WisdomTree Global High Dividend Fund 14.6 58 -40 7.3 -0.1
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 14.5 9 9 7.5 +0.1
FEUZ First Trust Eurozone AlphaDEX ETF 14.2 80 -62 6.3 -1.0
DXJ WisdomTree Japan Hedged Equity Fund 14.1 48 -30 5.3 -2.0
IDMO Invesco S&P International Developed Momentum ETF 14.0 25 -7 5.0 -2.3
AIVI WisdomTree International AI Enhanced Value Fund 13.9 58 -40 6.1 -1.3
TPIF Timothy Plan International ETF 13.8 62 -44 5.4 -2.0
AVDE Avantis International Equity ETF 13.7 23 -5 6.0 -1.3
AVSD Avantis Responsible International Equity ETF 13.6 23 -5 5.8 -1.6
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 13.3 65 -47 3.9 -3.4
DFIC Dimensional International Core Equity 2 ETF 13.3 23 -5 6.1 -1.3
CGXU Capital Group International Focus Equity ETF 13.1 54 -36 3.9 -3.5
PIEL Pacer International Export Leaders ETF 12.8 60 -42 4.1 -3.2
IXG iShares Global Financials ETF 12.6 42 -24 6.1 -1.2
EFAD ProShares MSCI EAFE Dividend Growers ETF 12.5 50 -32 5.5 -1.9
IDOG ALPS International Sector Dividend Dogs ETF 12.3 50 -32 9.0 +1.7
CGGO Capital Group Global Growth Equity ETF 12.1 47 -29 4.2 -3.2
IDLV Invesco S&P International Developed Low Volatility ETF 12.1 25 -7 6.1 -1.2
EUFN iShares MSCI Europe Financials ETF 12.1 51 -33 6.8 -0.6
FICS First Trust International Developed Capital Strength ETF 12.1 70 -52 6.5 -0.9
FKU First Trust United Kingdom AlphaDEX Fund 12.0 80 -62 6.9 -0.5
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 12.0 42 -24 3.9 -3.4
OSEA Harbor International Compounders ETF 11.4 55 -37 4.0 -3.3
BBCA JPMorgan BetaBuilders Canada ETF 11.2 19 -1 5.3 -2.0
DFSI Dimensional International Sustainability Core 1 ETF 11.0 24 -6 5.4 -1.9
DXIV Dimensional International Vector Equity ETF 11.0 34 -16 6.4 -0.9
EWQ iShares MSCI France ETF 10.9 53 -35 6.2 -1.1
HEDJ WisdomTree Europe Hedged Equity Fund 10.9 58 -40 5.9 -1.5
VIGI Vanguard International Dividend Appreciation ETF 10.9 10 8 6.0 -1.4
QWLD SPDR MSCI World StrategicFactors ETF 10.8 30 -12 5.1 -2.2
FLCA Franklin FTSE Canada ETF 10.8 9 9 5.4 -2.0
FDT First Trust Developed Markets ex-US AlphaDEX Fund 10.7 80 -62 6.6 -0.8
ESGG FlexShares STOXX Global ESG Select Index Fund 10.6 42 -24 4.2 -3.1
LEGR First Trust Indxx Innovative Transaction & Process ETF 10.5 65 -47 7.4 +0.0
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 10.5 24 -6 6.7 -0.7
IOO iShares Global 100 ETF 10.4 41 -23 3.9 -3.5
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 10.3 80 -62 5.3 -2.1
CGDG Capital Group Dividend Growers ETF 9.9 47 -29 5.1 -2.3
GEW Cambria Global EW ETF 9.8 29 -11 5.4 -2.0
FLGB Franklin FTSE United Kingdom ETF 9.7 9 9 6.5 -0.8
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 9.7 80 -62 3.3 -4.0
BKCI BNY Mellon Concentrated International ETF 9.6 80 -62 4.8 -2.6
EUDV ProShares MSCI Europe Dividend Growers ETF 9.5 55 -37 5.4 -2.0
WRND IQ Global Equity R&D Leaders ETF 9.2 18 0 4.0 -3.4
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 8.8 46 -28 7.3 -0.0
FEOE First Eagle Overseas Equity ETF 8.8 79 -61 6.0 -1.3
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 8.6 58 -40 5.5 -1.9
DFAX Dimensional World ex U.S. Core Equity 2 ETF 8.6 30 -12 6.2 -1.1
ICPY Tweedy, Browne International Insider Value ETF 8.5 80 -62 21.5 +14.1
TTAI FCF International Quality ETF 8.4 59 -41 6.7 -0.7
EXI iShares Global Industrials ETF 8.3 42 -24 3.5 -3.9
URTH iShares MSCI World ETF 8.1 24 -6 4.4 -3.0
FEGE First Eagle Global Equity ETF 7.9 79 -61 5.9 -1.5
KOKU Xtrackers MSCI Kokusai Equity ETF 7.8 9 9 4.4 -2.9
IDV iShares International Select Dividend ETF 7.8 51 -33 8.9 +1.5
AQLT iShares MSCI Global Quality Factor ETF 7.7 18 0 0.0 -7.4
WLDR Affinity World Leaders Equity ETF 7.7 67 -49 6.3 -1.1
WWJD Inspire International ETF 7.7 80 -62 6.0 -1.4
KLMT Invesco MSCI Global Climate 500 ETF 7.7 10 8 5.0 -2.4
FJP First Trust Japan AlphaDEX Fund 7.7 80 -62 7.2 -0.1
JGLO JPMorgan Global Select Equity ETF 7.5 33 -15 4.2 -3.1
GLOF iShares Global Equity Factor ETF 7.4 20 -2 5.6 -1.8
SCHY Schwab International Dividend Equity ETF 7.4 14 4 8.1 +0.8
RXI iShares Global Consumer Discretionary ETF 7.4 41 -23 7.6 +0.3
CLNR IQ Cleaner Transport ETF 7.4 45 -27 3.9 -3.5
OAIM OneAscent International Equity ETF 7.3 95 -77 4.5 -2.8
FLSW Franklin FTSE Switzerland ETF 7.2 9 9 5.6 -1.8
VIDI Vident International Equity Strategy ETF 7.2 61 -43 8.2 +0.8
EWU iShares MSCI United Kingdom ETF 7.2 50 -32 6.8 -0.5
IPKW Invesco International BuyBack Achievers ETF 7.1 55 -37 7.9 +0.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 7.1 9 9 4.9 -2.5
DWX SPDR S&P International Dividend ETF 7.1 45 -27 6.6 -0.7
ACWI iShares MSCI ACWI ETF 7.1 32 -14 4.7 -2.7
AGQI First Trust Active Global Quality Income ETF 7.1 85 -67 6.5 -0.9
EPP iShares MSCI Pacific ex-Japan ETF 7.0 47 -29 4.8 -2.6
FGD First Trust Dow Jones Global Select Dividend Index Fund 7.0 56 -38 9.6 +2.3
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 7.0 19 -1 5.2 -2.2
TOK iShares MSCI Kokusai ETF 7.0 26 -8 4.3 -3.0
FID First Trust S&P International Dividend Aristocrats ETF 7.0 60 -42 7.8 +0.5
COPY Tweedy, Browne Insider + Value ETF 6.8 80 -62 14.9 +7.6
GVAL Cambria Global Value ETF 6.5 68 -50 8.6 +1.2
FDD First Trust Stoxx European Select Dividend Index Fund 6.4 58 -40 9.6 +2.3
EWG iShares MSCI Germany ETF 6.3 50 -32 5.7 -1.6
FLGR Franklin FTSE Germany ETF 6.3 9 9 6.3 -1.0
DAX Global X DAX Germany ETF 6.3 21 -3 6.0 -1.4
SAGP Strategas Global Policy Opportunities ETF 6.3 65 -47 4.6 -2.7
VT Vanguard Total World Stock ETF 6.3 6 12 5.0 -2.3
RCGE RockCreek Global Equality ETF 6.2 95 -77 5.9 -1.4
DSTX Distillate International Fundamental Stability & Value ETF 6.1 55 -37 6.2 -1.1
IXJ iShares Global Healthcare ETF 6.1 42 -24 6.2 -1.2
KOCG FIS Knights of Columbus Global Belief ETF 6.1 75 -57 4.4 -3.0
WDIV SPDR S&P Global Dividend ETF 6.1 40 -22 9.1 +1.7
GNR SPDR S&P Global Natural Resources ETF 5.9 40 -22 8.1 +0.7
FYLD Cambria Foreign Shareholder Yield ETF 5.8 59 -41 10.1 +2.8
XT iShares Exponential Technologies ETF 5.7 46 -28 4.1 -3.3
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 5.7 25 -7 5.5 -1.9
BINV Brandes International ETF 5.5 70 -52 8.2 +0.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 5.5 20 -2 4.7 -2.6
EWC iShares MSCI Canada ETF 5.5 50 -32 5.0 -2.3
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 5.3 47 -29 4.9 -2.4
EWL iShares MSCI Switzerland ETF 5.2 50 -32 5.3 -2.0
GLBL Pacer MSCI World Industry Advantage ETF 5.0 65 -47 3.5 -3.9
HAP VanEck Natural Resources ETF 5.0 50 -32 6.5 -0.8
FGM First Trust Germany AlphaDEX Fund 5.0 80 -62 4.6 -2.7
IVAL Alpha Architect International Quantitative Value ETF 5.0 49 -31 7.5 +0.1
GINN Goldman Sachs Innovate Equity ETF 4.9 52 -34 3.8 -3.6
MOTO SmartETFs Smart Transportation & Technology ETF 4.8 68 -50 5.4 -2.0
IPAV Global X Infrastructure Development ex-U.S. ETF 4.5 55 -37 5.5 -1.9
PICK iShares MSCI Global Metals & Mining Producers ETF 4.5 39 -21 7.6 +0.3
EFAS Global X MSCI SuperDividend EAFE ETF 4.4 57 -39 7.2 -0.1
NXTG First Trust Indxx NextG ETF 4.3 70 -52 4.2 -3.2
OCEN IQ Clean Oceans ETF 4.3 45 -27 4.5 -2.8
EWA iShares MSCI Australia ETF 4.3 50 -32 5.0 -2.4
FLAU Franklin FTSE Australia ETF 4.3 9 9 5.6 -1.8
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 4.2 12 6 4.4 -3.0
RGEF Rockefeller Global Equity ETF 4.2 55 -37 3.9 -3.5
ITOL Tema International Durable Quality ETF 4.2 60 -42 4.8 -2.6
ACWV iShares MSCI Global Min Vol Factor ETF 4.1 20 -2 5.6 -1.7
DINT Davis Select International ETF 4.0 55 -37 5.9 -1.5
SDG iShares MSCI Global Sustainable Development Goals ETF 4.0 49 -31 4.5 -2.9
BLES Inspire Global Hope ETF 4.0 61 -43 5.7 -1.7
DIVS SmartETFs Dividend Builder ETF 4.0 65 -47 4.4 -3.0
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 4.0 68 -50 0.6 -6.7
MXI iShares Global Materials ETF 4.0 41 -23 5.6 -1.7
JIG JPMorgan International Growth ETF 4.0 55 -37 3.5 -3.9
GDX VanEck Gold Miners ETF 3.9 51 -33 2.3 -5.0
WBAT WisdomTree Battery Value Chain and Innovation Fund 3.9 45 -27 -0.9 -8.3
GSIB Themes Global Systemically Important Banks ETF 3.9 35 -17 8.5 +1.2
IXN iShares Global Tech ETF 3.9 41 -23 3.0 -4.4
DIM WisdomTree International MidCap Dividend Fund 3.8 58 -40 6.1 -1.3
CZAR Themes Natural Monopoly ETF 3.7 35 -17 5.2 -2.2
DRIV Global X Autonomous & Electric Vehicles ETF 3.7 68 -50 3.2 -4.2
CARZ First Trust NASDAQ Global Auto Index Fund 3.6 70 -52 2.6 -4.7
IXC iShares Global Energy ETF 3.6 44 -26 7.5 +0.2
CCNR ALPS CoreCommodity Natural Resources ETF 3.5 39 -21 8.0 +0.6
KXI iShares Global Consumer Staples ETF 3.5 41 -23 5.2 -2.1
IXP iShares Global Comm Services ETF 3.5 42 -24 5.4 -2.0
AUAU Global X Gold Miners ETF 3.4 35 -17 2.1 -5.3
IQRA IQ CBRE Real Assets ETF 3.4 65 -47 5.7 -1.7
EWN iShares MSCI Netherlands ETF 3.4 50 -32 4.6 -2.8
AGNG Global X Aging Population ETF 3.4 50 -32 4.1 -3.3
JXI iShares Global Utilities ETF 3.3 43 -25 4.9 -2.5
HART IQ Healthy Hearts ETF 3.3 45 -27 5.7 -1.6
TINY ProShares Nanotechnology ETF 3.3 58 -40 1.4 -5.9
DVYA iShares Asia/Pacific Dividend ETF 3.3 49 -31 6.8 -0.6
FSZ First Trust Switzerland AlphaDEX Fund 3.2 80 -62 5.0 -2.4
WDNA WisdomTree BioRevolution Fund 3.2 45 -27 -2.2 -9.6
JDOC JPMorgan Healthcare Leaders ETF 3.2 65 -47 3.5 -3.9
CRTC Xtrackers US National Critical Technologies ETF 3.1 35 -17 4.1 -3.2
PID Invesco International Dividend Achievers ETF 3.1 53 -35 4.0 -3.4
MOTI VanEck Morningstar International Moat ETF 3.1 58 -40 9.2 +1.8
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 3.0 60 -42 3.3 -4.0
EDEN iShares MSCI Denmark ETF 3.0 53 -35 6.2 -1.2
MOTG VanEck Morningstar Global Wide Moat ETF 2.9 52 -34 7.4 +0.0
FAN First Trust Global Wind Energy ETF 2.9 60 -42 2.7 -4.7
IDNA iShares Genomics Immunology and Healthcare ETF 2.8 47 -29 -0.3 -7.6
IGE iShares North American Natural Resources ETF 2.8 41 -23 5.6 -1.8
DWLD Davis Select Worldwide ETF 2.7 63 -45 6.6 -0.7
EWP iShares MSCI Spain ETF 2.7 50 -32 5.8 -1.6
BMED Future Health ETF 2.6 85 -67 1.2 -6.2
GOAU U.S. Global GO GOLD and Precious Metal Miners ETF 2.6 60 -42 1.7 -5.6
RAYJ Rayliant SMDAM Japan Equity ETF 2.6 72 -54 3.0 -4.4
QTUM Defiance Quantum ETF 2.6 40 -22 4.2 -3.1
KNCT Invesco Next Gen Connectivity ETF 2.5 40 -22 3.5 -3.8
GINX SGI Enhanced Global Income ETF 2.5 98 -80 6.7 -0.7
LOUP Innovator Deepwater Frontier Tech ETF 2.5 70 -52 1.0 -6.4
AIVC Amplify Bloomberg AI Value Chain ETF 2.5 59 -41 4.3 -3.0
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 2.5 65 -47 1.5 -5.9
AIA iShares Asia 50 ETF 2.4 50 -32 8.4 +1.1
HRTS Tema Heart & Health ETF 2.4 75 -57 2.8 -4.5
MBOX Freedom Day Dividend ETF 2.3 39 -21 7.0 -0.4
ROBO ROBO Global Robotics & Automation Index ETF 2.2 95 -77 2.4 -4.9
URA Global X Uranium ETF 2.2 69 -51 0.6 -6.8
KNO AXS Knowledge Leaders ETF 2.2 78 -60 4.3 -3.0
POW VistaShares Electrification Supercycle ETF 2.1 75 -57 2.1 -5.3
ION ProShares S&P Global Core Battery Metals ETF 2.1 58 -40 4.7 -2.7
VCLN Virtus Duff & Phelps Clean Energy ETF 2.1 59 -41 2.5 -4.9
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 2.1 58 -40 3.4 -3.9
FBOT Fidelity Disruptive Automation ETF 2.1 50 -32 2.9 -4.5
AIRL Themes Airlines ETF 2.1 35 -17 1.6 -5.8
SMOG VanEck Low Carbon Energy ETF 2.1 61 -43 1.1 -6.2
AFK VanEck Africa Index ETF 2.0 98 -80 9.9 +2.5
CVAR Cultivar ETF 2.0 87 -69 6.9 -0.4
EWI iShares MSCI Italy ETF 2.0 50 -32 10.2 +2.9
FPXE First Trust IPOX Europe Equity Opportunities ETF 2.0 70 -52 3.8 -3.6
FDRR Fidelity Dividend ETF for Rising Rates 2.0 15 3 5.9 -1.5
JADE JPMorgan Active Developing Markets Equity ETF 1.9 65 -47 6.1 -1.3
EWH iShares MSCI Hong Kong ETF 1.9 50 -32 5.0 -2.4
SIL Global X Silver Miners ETF 1.9 65 -47 1.3 -6.0
SLVP iShares MSCI Global Silver Miners ETF 1.9 39 -21 3.3 -4.0
AGMI Themes Silver Miners ETF 1.9 35 -17 3.4 -4.0
AAXJ iShares MSCI All Country Asia ex Japan ETF 1.8 70 -52 7.1 -0.3
EV Mast Global Battery Recycling & Production ETF 1.8 65 -47 6.3 -1.1
GII SPDR S&P Global Infrastructure ETF 1.8 40 -22 4.1 -3.2
IGF iShares Global Infrastructure ETF 1.8 41 -23 4.1 -3.2
TIIV AAM Todd International Intrinsic Value ETF 1.8 54 -36 9.4 +2.1
EWD iShares MSCI Sweden ETF 1.8 54 -36 4.7 -2.7
VRAI Virtus Real Asset Income ETF 1.8 55 -37 8.4 +1.1
NDIV Amplify Natural Resources Dividend Income ETF 1.7 59 -41 11.2 +3.9
ISHP First Trust Nasdaq Retail ETF 1.7 60 -42 4.9 -2.4
IBOT Vaneck Robotics ETF 1.7 47 -29 3.4 -4.0
ERTH Invesco MSCI Sustainable Future ETF 1.7 62 -44 2.9 -4.5
FLAX Franklin FTSE Asia Ex Japan ETF 1.6 19 -1 7.3 -0.1
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 1.6 80 -62 7.2 -0.2
BULD Pacer BlueStar Engineering the Future ETF 1.6 60 -42 0.4 -7.0
PAWZ ProShares Pet Care ETF 1.6 50 -32 3.7 -3.7
HYDR Global X Hydrogen ETF 1.5 50 -32 -5.9 -13.3
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.5 12 6 8.0 +0.6
FINE Themes European Luxury ETF 1.5 35 -17 3.7 -3.7
AKRE Akre Focus ETF 1.5 106 -88 4.1 -3.3
JETS U.S. Global Jets ETF 1.5 60 -42 2.5 -4.9
FTAG First Trust Indxx Global Agriculture ETF 1.5 70 -52 6.8 -0.6
MOO VanEck Agribusiness ETF 1.5 53 -35 8.6 +1.2
ANEW ProShares MSCI Transformational Changes ETF 1.4 45 -27 4.4 -2.9
HTEC ROBO Global Healthcare Technology and Innovation ETF 1.4 68 -50 2.4 -4.9
ACSI American Customer Satisfaction ETF 1.4 65 -47 4.7 -2.7
AIQ Global X Artificial Intelligence & Technology ETF 1.4 68 -50 3.1 -4.3
PRNT 3D Printing ETF 1.4 66 -48 1.3 -6.1
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 1.4 46 -28 5.1 -2.3
TRFK Pacer Data and Digital Revolution ETF 1.3 60 -42 2.4 -5.0
QUVU Hartford Quality Value ETF 1.3 46 -28 5.6 -1.7
BWEB Bitwise Web3 ETF 1.3 85 -67 -0.1 -7.5
DISV Dimensional International Small Cap Value ETF 1.3 42 -24 8.0 +0.6
FPXI First Trust International Equity Opportunities ETF 1.3 70 -52 3.8 -3.6
OZEM Roundhill GLP-1 & Weight Loss ETF 1.3 59 -41 5.1 -2.3
THNR Amplify Weight Loss Drug & Treatment ETF 1.3 59 -41 5.6 -1.7
GVLU Gotham 1000 Value ETF 1.3 50 -32 8.1 +0.8
ASEA Global X FTSE Southeast Asia ETF 1.3 65 -47 5.3 -2.0
EWS iShares MSCI Singapore ETF 1.3 50 -32 4.1 -3.3
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 1.2 33 -15 6.9 -0.4
CANC Tema Oncology ETF 1.2 75 -57 -2.3 -9.7
JSTC Adasina Social Justice All Cap Global ETF 1.2 89 -71 4.5 -2.9
SILJ ETFMG Prime Junior Silver Miners ETF 1.2 69 -51 0.2 -7.1
AGIX KraneShares Artificial Intelligence and Technology ETF 1.2 99 -81 1.3 -6.0
TMFG Motley Fool Global Opportunities ETF 1.1 85 -67 3.7 -3.7
CCSO Carbon Collective Climate Solutions US Equity ETF 1.1 35 -17 0.9 -6.5
ABIG Argent Large Cap ETF 1.1 49 -31 4.3 -3.0
BATT Amplify Lithium & Battery Technology ETF 1.1 59 -41 1.7 -5.7
COPX Global X Copper Miners ETF 1.1 65 -47 3.9 -3.5
ICOP iShares Copper and Metals Mining ETF 1.1 47 -29 5.2 -2.2
COPA Themes Copper Miners ETF 1.1 35 -17 3.0 -4.3
FFF Founders 100 ETF 1.1 75 -57 2.5 -4.9
CTEC Global X CleanTech ETF 1.1 50 -32 -0.1 -7.4
DTEC ALPS Disruptive Technologies ETF 1.1 50 -32 3.7 -3.6
FRNW Fidelity Clean Energy ETF 1.1 39 -21 1.9 -5.5
ICLN iShares Global Clean Energy ETF 1.1 41 -23 1.8 -5.5
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 1.1 79 -61 3.8 -3.6
ETEC iShares Breakthrough Environmental Solutions ETF 1.1 47 -29 2.7 -4.6
BLOK Amplify Transformational Data Sharing ETF 1.1 75 -57 -0.2 -7.5
BNGE First Trust S-Network Streaming and Gaming ETF 1.1 70 -52 2.8 -4.5
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 1.1 75 -57 3.5 -3.9
METV Roundhill Ball Metaverse ETF 1.1 59 -41 7.9 +0.6
ARVR First Trust Indxx Metaverse ETF 1.1 70 -52 3.9 -3.4
EIPX FT Energy Income Partners Strategy ETF 1.1 95 -77 5.9 -1.5
TOLL Tema Durable Quality ETF 1.0 75 -57 3.9 -3.4
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.0 61 -43 1.5 -5.9
HUMN Roundhill Humanoid Robotics ETF 1.0 75 -57 1.2 -6.2
STCE Schwab Crypto Thematic ETF 1.0 30 -12 2.5 -4.9
EFNL iShares MSCI Finland ETF 1.0 56 -38 5.6 -1.7
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 1.0 75 -57 5.9 -1.5
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.0 10 8 7.9 +0.5
TIME Clockwise Core Equity & Innovation ETF 1.0 95 -77 2.1 -5.2
RVRB Reverb ETF 0.9 30 -12 4.0 -3.3
FFND Future Fund Active ETF 0.9 100 -82 4.3 -3.1
GQRE FlexShares Global Quality Real Estate Index Fund 0.9 45 -27 7.1 -0.2
IFGL iShares International Developed Real Estate ETF 0.9 48 -30 6.8 -0.6
DFNL Davis Select Financial ETF 0.9 63 -45 7.2 -0.1
FDNI First Trust Dow Jones International Internet ETF 0.9 65 -47 21.4 +14.1
FPAG FPA Global Equity ETF 0.9 49 -31 5.7 -1.6
PRAY FIS Christian Stock Fund 0.9 69 -51 3.9 -3.5
CLOD Themes Cloud Computing ETF 0.9 35 -17 3.5 -3.9
CGUS Capital Group Core Equity ETF 0.9 33 -15 3.6 -3.8
CGDV Capital Group Dividend Value ETF 0.9 33 -15 3.9 -3.4
UDI USCF Dividend Income Fund 0.9 65 -47 6.7 -0.7
SWP SWP Growth & Income ETF 0.9 99 -81 4.1 -3.2
DVGR DAC 3D Dividend Growth ETF 0.9 65 -47 4.6 -2.7
VUSV Vanguard Wellington U.S. Value Active ETF 0.9 30 -12 5.8 -1.6
PBD Invesco Global Clean Energy ETF 0.9 75 -57 0.2 -7.1
FVD First Trust Value Line Dividend Index Fund 0.9 65 -47 5.6 -1.8
ABLD Abacus FCF Real Assets Leaders ETF 0.9 69 -51 6.1 -1.2
NANR SPDR S&P North American Natural Resources ETF 0.9 35 -17 6.1 -1.3
NVIR Horizon Kinetics Energy and Remediation ETF 0.9 85 -67 5.2 -2.2
FTWO Strive FAANG 2.0 ETF 0.9 49 -31 3.7 -3.7
DIVY Sound Equity Dividend Income ETF 0.9 45 -27 8.0 +0.7
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 0.9 49 -31 7.8 +0.4
EWO iShares MSCI Austria ETF 0.8 50 -32 7.5 +0.2
ERET iShares Environmentally Aware Real Estate ETF 0.8 30 -12 6.6 -0.7
BOAT SonicShares Global Shipping ETF 0.8 69 -51 21.0 +13.7
SLX VanEck Steel ETF 0.8 56 -38 10.6 +3.2
SUPL ProShares Supply Chain Logistics ETF 0.8 58 -40 7.6 +0.2
GTEK Goldman Sachs Future Tech Leaders Equity ETF 0.8 75 -57 2.0 -5.3
FNDC Schwab Fundamental International Small Co. Index ETF 0.8 39 -21 6.5 -0.8
SHPP Pacer Industrials and Logistics ETF 0.8 60 -42 6.8 -0.6
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.8 39 -21 1.0 -6.4
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 0.8 88 -70 8.3 +0.9
SNSR Global X Internet of Things ETF 0.8 68 -50 3.7 -3.6
AIS VistaShares Artificial Intelligence Supercycle ETF 0.8 75 -57 1.4 -6.0
BUYZ Franklin Disruptive Commerce ETF 0.7 50 -32 2.2 -5.2
ARTY iShares Future AI & Tech ETF 0.7 47 -29 2.9 -4.5
FIDU Fidelity MSCI Industrial Index ETF 0.7 8 10 3.5 -3.8
ARKX ARK Space Exploration & Innovation ETF 0.7 75 -57 -0.0 -7.4
DFIS Dimensional International Small Cap ETF 0.7 39 -21 6.0 -1.4
IVRS iShares Future Metaverse Tech and Communications ETF 0.7 47 -29 4.9 -2.5
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.7 72 -54 1.9 -5.4
LIT Global X Lithium & Battery Tech ETF 0.7 75 -57 4.6 -2.8
KLMN Invesco MSCI North America Climate ETF 0.7 9 9 4.4 -3.0
EIRL iShares MSCI Ireland ETF 0.7 50 -32 7.2 -0.2
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.7 85 -67 2.6 -4.7
VEGI iShares MSCI Agriculture Producers ETF 0.7 39 -21 7.4 +0.0
CGV Conductor Global Equity Value ETF 0.6 130 -112 7.3 -0.1
IBUY Amplify Online Retail ETF 0.6 65 -47 2.1 -5.3
AVRE Avantis Real Estate ETF 0.6 17 1 6.6 -0.7
QLV FlexShares US Quality Low Volatility Index Fund 0.6 22 -4 5.0 -2.4
RWX SPDR Dow Jones International Real Estate ETF 0.6 59 -41 6.7 -0.7
VGSR Vert Global Sustainable Real Estate ETF 0.6 47 -29 6.9 -0.5
ISCF iShares International SmallCap Equity Factor ETF 0.6 23 -5 7.0 -0.4
RWO SPDR Dow Jones Global Real Estate ETF 0.6 50 -32 6.2 -1.2
FBCV Fidelity Blue Chip Value ETF 0.5 59 -41 5.9 -1.5
GOP Unusual Whales Subversive Republican Trading ETF 0.5 50 -32 4.4 -3.0
REET iShares Global REIT ETF 0.5 14 4 6.8 -0.5
DFGR Dimensional Global Real Estate ETF 0.5 22 -4 6.9 -0.5
AKAF The Frontier Economic Fund 0.5 20 -2 5.0 -2.3
BYRE Principal Real Estate Active Opportunities ETF 0.4 65 -47 6.9 -0.4
EIS iShares MSCI Israel ETF 0.4 58 -40 6.0 -1.3
FCLD Fidelity Cloud Computing ETF 0.4 39 -21 3.8 -3.6
BUZZ VanEck Social Sentiment ETF 0.4 75 -57 -0.7 -8.0
CGGR Capital Group Growth ETF 0.4 39 -21 2.5 -4.9
CZA Invesco Zacks Mid-Cap ETF 0.4 72 -54 5.8 -1.5
EWUS iShares MSCI United Kingdom Small Cap ETF 0.4 59 -41 7.0 -0.4
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.4 49 -31 5.8 -1.5
IMOM Alpha Architect International Quantitative Momentum ETF 0.3 49 -31 4.0 -3.3
MDEV First Trust Indxx Medical Devices ETF 0.3 70 -52 4.7 -2.7
RUNN Running Oak Efficient Growth ETF 0.3 58 -40 4.6 -2.7
ENOR iShares MSCI Norway ETF 0.3 53 -35 7.5 +0.2
NORW Global X MSCI Norway ETF 0.3 50 -32 7.5 +0.1
TRFM AAM Transformers ETF 0.3 49 -31 1.0 -6.3
IEUS iShares MSCI Europe Small-Cap ETF 0.3 42 -24 6.4 -0.9
YNOT Horizon Digital Frontier ETF 0.3 75 -57 2.6 -4.8
AVMC Avantis U.S. Mid Cap Equity ETF 0.3 18 0 6.0 -1.4
SRVR Pacer Data & Infrastructure Real Estate ETF 0.3 55 -37 3.5 -3.9
APIE ActivePassive International Equity ETF 0.3 45 -27 6.3 -1.1
EIPI FT Energy Income Partners Enhanced Income ETF 0.3 110 -92 5.3 -2.0
PRXV Praxis Impact Large Cap Value ETF 0.2 36 -18 5.7 -1.7
AVDV Avantis International Small Cap Value ETF 0.2 36 -18 7.5 +0.2
IGPT Invesco AI and Next Gen Software ETF 0.2 60 -42 3.1 -4.3
PRXG Praxis Impact Large Cap Growth ETF 0.2 36 -18 3.1 -4.3
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 0.2 40 -22 6.3 -1.0
FDVV Fidelity High Dividend ETF 0.2 15 3 6.7 -0.6
SCHC Schwab International Small-Cap Equity ETF 0.2 11 7 6.3 -1.1
AVDS Avantis International Small Cap Equity ETF 0.1 30 -12 5.8 -1.5
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.1 80 -62 8.6 +1.2
SCZ iShares MSCI EAFE Small-Cap ETF 0.1 40 -22 5.9 -1.4
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.1 7 11 4.4 -3.0
PBUS Invesco MSCI USA ETF 0.1 4 14 4.3 -3.1
IUS Invesco RAFI Strategic US ETF 0.1 19 -1 5.8 -1.6
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 8 10 6.0 -1.3
WSML iShares MSCI World Small-Cap ETF 0.0 15 3 5.3 -2.0
OSCV Opus Small Cap Value ETF 0.0 79 -61 5.7 -1.7
AMID Argent Mid Cap ETF Argent Mid Cap ETF 0.0 52 -34 4.9 -2.5
ALIL Argent Focused Small Cap ETF 0.0 74 -56 5.6 -1.8
GKAT Scharf Global Opportunity ETF 0.0 57 -39 5.7 -1.6
AVUS Avantis U.S. Equity ETF 0.0 15 3 4.8 -2.5
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 -3 2.9 -4.4
APUE ActivePassive U.S. Equity ETF 0.0 45 -27 4.0 -3.4
EBI Longview Advantage ETF 0.0 35 -17 6.0 -1.4

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

  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:		 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 11.5 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 18 bp
Equals: ALTAR Score 7.4 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.65 CATEGORY
AVERAGE		 1.64
 
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.