Fidelity International Value Factor ETF
ALTAR
Score™
8.0% info Recommen-
dation
SPECULATIVE
2021E    2022E
P/E
ratio
13.5x P/Sales
ratio
0.9x
P/BV
ratio
1.2x Div.
yield
3.5%


  • 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) $29
Currency USD
Expense ratio 39 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 104
Wgt avg mkt cap (mns) $65,636
Large cap (>$10bn) 84.4%
Mid cap ($2-10bn) 13.8%
Small cap (<$2bn) 0.6%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
NESTLE SA-REG 2.1 %
TOYOTA MOTOR CORP 1.6 %
ROCHE HOLDING AG-GENUSSCHEIN 1.6 %
SAP AG 1.5 %
NOVARTIS AG-REG 1.4 %
RIO TINTO LTD 1.3 %
SONY CORP 1.3 %
A.P. MOLLER - MAERSK A/S CLASS B 1.3 %
AVIVA PLC 1.3 %
SHIN-ETSU CHEMICAL CO LTD 1.3 %
Total 14.7 %

TOP COUNTRY EXPOSURE
JAPAN 23.7 %
BRITAIN 16.3 %
FRANCE 10.8 %
CANADA 10.3 %
SWITZERLAND 9.0 %
GERMANY 7.8 %
AUSTRALIA 4.4 %
SPAIN 2.9 %
SWEDEN 2.6 %
HONG KONG 2.5 %

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.
8.5% 45.7% -- -- 3.2%

Market Correlations
versus... Beta R-squared
S&P500 0.94 75%
MSCI EAFE 1.08 96%
MSCI Emg. Mkts. 0.81 67%

Technical Indicators
Recent close $24.00
30d moving avg. $23.84
Annualized volatility 20.1%
Short interest (ETF) 0.8%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 8
Turnover 0.7%
Bid/Ask (% of price) 0.45%
ADV underlying (mns) $15,120

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 358 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: 39 bp ALTAR Score™: 8.0%


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
(%)
DFAI Dimensional International Core Equity Market ETF 59.4 18 21 6.0 -2.0
IVLU iShares Edge MSCI Intl Value Factor ETF 36.8 30 9 9.4 +1.4
DOL WisdomTree International LargeCap Dividend Fund 33.0 48 -9 6.7 -1.3
EFV iShares MSCI EAFE Value ETF 29.2 39 0 7.8 -0.2
IEV iShares Europe ETF 28.6 59 -20 5.7 -2.3
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 28.1 40 -1 6.9 -1.1
DWM WisdomTree International Equity Fund 28.0 48 -9 6.7 -1.3
DBEU Xtrackers MSCI Europe Hedged Equity ETF 27.9 46 -7 5.7 -2.3
BBEU JPMorgan BetaBuilders Europe ETF 27.9 9 30 3.0 -5.0
FLEH Franklin FTSE Europe Hedged ETF 27.5 9 30 6.1 -1.9
FLEE Franklin FTSE Europe ETF 27.3 9 30 6.0 -2.0
BKIE BNY Mellon International Equity ETF 27.0 4 35 6.3 -1.7
EFA iShares MSCI EAFE ETF 26.4 32 7 5.9 -2.1
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 26.4 45 -6 6.9 -1.1
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 26.4 36 3 5.9 -2.1
PDEV Principal International Multi-Factor Core Index ETF 26.4 25 14 6.6 -1.4
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 26.2 25 14 5.6 -2.4
IQSI IQ Candriam ESG International Equity ETF 26.2 15 24 6.0 -2.0
GSID Goldman Sachs MarketBeta International Equity ETF 26.1 20 19 5.9 -2.0
QEFA SPDR MSCI EAFE Quality Mix ETF 25.8 30 9 5.7 -2.3
FNDF Schwab Fundamental International Large Co. Index ETF 25.8 25 14 7.4 -0.6
ESGD iShares MSCI EAFE ESG Optimized ETF 25.6 20 19 5.9 -2.1
IQIN IQ 500 International ETF 25.5 25 14 7.0 -1.0
IEUR iShares Core MSCI Europe ETF 25.4 9 30 6.0 -2.0
VWID Virtus WMC International Dividend ETF 25.3 49 -10 7.2 -0.8
FDEV Fidelity Targeted International Factor ETF 25.2 39 0 5.5 -2.5
ISDX Invesco RAFI Strategic Developed ex-US ETF 25.2 23 16 6.0 -2.0
JHMD John Hancock Multifactor Developed International ETF 24.9 39 0 6.0 -2.0
SPEU SPDR Portfolio Europe ETF 24.7 9 30 6.0 -2.0
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 24.7 20 19 5.9 -2.1
HFXI IQ 50 Percent Hedged FTSE International ETF 24.6 20 19 6.2 -1.8
HDEF Xtrackers MSCI EAFE High Dividend Yield Hedged Equity ETF 24.5 20 19 8.1 +0.2
FIDI Fidelity International High Dividend ETF 24.3 39 0 8.1 +0.2
IQLT iShares Edge MSCI Intl Quality Factor ETF 23.9 30 9 5.1 -2.9
RESD WisdomTree International ESG Fund 23.8 30 9 5.9 -2.1
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 23.4 7 32 6.2 -1.8
INTF iShares Edge MSCI Multifactor Intl ETF 23.2 30 9 7.2 -0.8
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 22.8 35 4 5.7 -2.3
SCHF Schwab International Equity ETF 22.8 6 33 6.2 -1.8
IEFA iShares Core MSCI EAFE ETF 22.5 7 32 6.1 -1.9
GSIE Goldman Sachs ActiveBeta International Equity ETF 22.4 25 14 5.8 -2.2
DTH WisdomTree International High Dividend Fund 22.0 58 -19 8.1 +0.1
CID VictoryShares Intl High Dividend Volatility Wtd Index ETF 21.8 45 -6 8.1 +0.1
IDEV iShares Core MSCI International Developed Markets ETF 21.3 5 34 6.0 -2.0
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 21.1 20 19 9.1 +1.1
IGRO iShares International Dividend Growth ETF 20.1 15 24 6.6 -1.4
SPDW SPDR Portfolio Developed World ex-US ETF 20.0 4 35 5.8 -2.1
DWMF WisdomTree International Multifactor Fund 19.6 38 1 6.0 -2.0
ESGN Columbia Sustainable International Equity Income ETF 19.6 45 -6 8.5 +0.5
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Id 19.5 32 7 5.5 -2.5
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 19.2 14 25 5.7 -2.3
EUDG WisdomTree Europe Quality Dividend Growth Fund 19.1 58 -19 6.0 -2.0
IQDE FlexShares International Quality Dividend Defensive Index ET 19.0 47 -8 10.3 +2.4
RFDI First Trust Riverfront Dynamic Developed International ETF 18.9 83 -44 5.0 -3.0
CWI SPDR MSCI ACWI ex-US ETF 18.8 30 9 6.0 -2.0
NUDM Nuveen ESG International Developed Markets Equity ETF 18.5 40 -1 5.6 -2.4
EZU iShares MSCI Eurozone ETF 18.0 51 -12 5.3 -2.6
IDOG ALPS International Sector Dividend Dogs ETF 17.9 50 -11 7.8 -0.1
ACWX iShares MSCI ACWI ex U.S. ETF 17.8 32 7 6.1 -1.9
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 17.7 41 -2 6.0 -2.0
JPXN iShares JPX-Nikkei 400 ETF 17.6 48 -9 6.1 -1.9
LVHI Legg Mason International Low Volatility High Dividend ETF 17.6 40 -1 8.2 +0.2
JPN Xtrackers Japan JPX-Nikkei 400 Equity ETF 17.6 9 30 6.5 -1.5
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 17.6 39 0 5.6 -2.4
RODM Hartford Multifactor Developed Markets (ex-US) ETF 17.6 29 10 7.1 -0.9
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 17.5 47 -8 5.5 -2.5
ZJPN SPDR Solactive Japan ETF 17.4 14 25 6.4 -1.6
UIVM VictoryShares USAA MSCI International Value Momentum ETF 17.3 35 4 7.6 -0.4
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 17.3 25 14 6.2 -1.7
EURZ Xtrackers Eurozone Equity ETF 17.2 9 30 5.8 -2.2
IQDF FlexShares International Quality Dividend Index Fund 17.2 47 -8 7.9 -0.1
DMXF iShares ESG Advanced MSCI EAFE ETF 17.2 12 27 5.6 -2.4
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 17.0 80 -41 5.5 -2.5
EWJ iShares MSCI Japan ETF 17.0 51 -12 5.9 -2.0
RODE Hartford Multifactor Diversified International ETF 17.0 29 10 9.4 +1.5
DBJP Xtrackers MSCI Japan Hedged Equity ETF 16.9 46 -7 6.1 -1.9
EWJV iShares MSCI Japan Value ETF 16.9 15 24 8.3 +0.3
OEUR O'shares FTSE Europe Quality Dividend ETF 16.7 48 -9 4.5 -3.5
RBIN Nationwide Risk-Based International Equity ETF 16.6 42 -3 5.5 -2.5
BBJP JPMorgan BetaBuilders Japan ETF 16.6 19 20 3.0 -5.0
IQDY FlexShares International Quality Dividend Dynamic Index Fund 16.4 47 -8 8.7 +0.7
FLJH Franklin FTSE Japan Hedged ETF 16.3 9 30 6.6 -1.4
FLJP Franklin FTSE Japan ETF 16.2 9 30 6.4 -1.6
DGT SPDR Global Dow ETF 16.1 50 -11 6.1 -1.9
QINT American Century Quality Diversified International ETF 16.0 39 0 6.2 -1.8
TTAI TrimTabs All Cap International Free-Cash-Flow ETF 16.0 61 -22 4.3 -3.7
EFG iShares MSCI EAFE Growth ETF 16.0 40 -1 3.7 -4.3
FICS First Trust International Developed Capital Strength ETF 15.9 70 -31 4.3 -3.7
IDHQ Invesco S&P International Developed Quality ETF 15.9 29 10 4.9 -3.1
ACSG Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF 15.6 16 23 5.8 -2.2
DOO WisdomTree International Dividend ex-Financials Fund 15.5 58 -19 7.3 -0.7
CIL VictoryShares International Volatility Weighted Index ETF 15.5 45 -6 5.9 -2.1
FEP First Trust Europe AlphaDEX Fund 15.4 80 -41 6.5 -1.5
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 15.4 45 -6 5.9 -2.1
IXUS ishares Core MSCI Total International Stock ETF 15.4 9 30 6.2 -1.8
IPAC iShares Core MSCI Pacific ETF 15.1 9 30 6.1 -1.9
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 15.0 39 0 6.6 -1.4
EFAV iShares Edge MSCI Min Vol EAFE ETF 14.7 20 19 4.9 -3.1
IOO iShares Global 100 ETF 14.5 40 -1 4.6 -3.4
RFAP First Trust Riverfront Dynamic Asia Pacific ETF 14.4 83 -44 5.3 -2.7
ICOW Pacer Developed Markets International Cash Cows 100 ETF 14.2 65 -26 9.6 +1.6
IDLV Invesco S&P International Developed Low Volatility ETF 14.2 25 14 5.7 -2.3
IDHD Invesco S&P Intl Developed High Dividend Low Volatility ETF 14.0 30 9 7.4 -0.6
FEZ SPDR EURO STOXX 50 ETF 14.0 29 10 5.4 -2.6
RNDM First Trust Developed International Equity Select ETF 14.0 65 -26 5.3 -2.7
PQIN PGIM QMA Strategic Alpha International Equity ETF 14.0 29 10 6.7 -1.3
RFEU First Trust Riverfront Dynamic Europe ETF 13.9 83 -44 4.7 -3.3
FDT First Trust Developed Markets ex-US Alphadex Fund 13.6 80 -41 7.0 -1.0
DMDV AAM S&P Developed Markets High Dividend Value ETF 13.5 39 0 8.7 +0.7
VYMI Vanguard International High Dividend Yield ETF 13.3 27 12 8.6 +0.6
DXJ WisdomTree Japan Hedged Equity Fund 13.2 48 -9 7.4 -0.6
ZGBR SPDR Solactive United Kingdom ETF 13.1 14 25 7.1 -0.9
FJP First Trust Japan AlphaDEX Fund 12.8 80 -41 7.7 -0.3
JPIN JPMorgan Diversified Return International Equity ETF 12.8 37 2 6.9 -1.1
VIDI Vident International Equity Fund 12.5 59 -20 8.8 +0.9
EWU iShares MSCI United Kingdom ETF 12.4 51 -12 6.6 -1.4
IQDG WisdomTree International Quality Dividend Growth Fund 12.4 42 -3 6.0 -2.0
FLGB Franklin FTSE United Kingdom ETF 12.3 9 30 6.9 -1.1
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 12.1 58 -19 5.8 -2.2
FEUZ First Trust Eurozone AlphaDEX ETF 11.9 80 -41 6.2 -1.8
VGK Vanguard FTSE Europe ETF 11.6 8 31 6.1 -1.9
ESGG FlexShares STOXX Global ESG Impact Index Fund 11.5 42 -3 4.6 -3.4
FKU First Trust United Kingdom AlphaDEX Fund 11.5 80 -41 7.3 -0.7
QWLD SPDR MSCI World StrategicFactors ETF 11.4 30 9 5.2 -2.8
TPIF Timothy Plan International ETF 11.2 62 -23 5.6 -2.4
EFAD ProShares MSCI EAFE Dividend Growers ETF 10.6 51 -12 4.8 -3.2
EUDV ProShares MSCI Europe Dividend Growers ETF 10.6 56 -17 4.7 -3.3
EWQ iShares MSCI France ETF 10.4 51 -12 4.9 -3.1
VEA Vanguard FTSE Developed Markets ETF 10.3 5 34 6.1 -1.8
DSTX Distillate International Fundamental Stability & Value ETF 10.3 55 -16 6.0 -1.9
ISZE iShares Edge MSCI Intl Size Factor ETF 10.2 30 9 5.8 -2.2
LEGR First Trust Indxx Innovative Transaction & Process ETF 10.1 65 -26 8.0 +0.1
AVDE Avantis International Equity ETF 10.1 23 16 6.4 -1.6
FID First Trust S&P International Dividend Aristocrats ETF 10.1 60 -21 8.4 +0.5
IMTM iShares Edge MSCI Intl Momentum Factor ETF 9.9 30 9 3.7 -4.3
DEW WisdomTree Global High Dividend Fund 9.9 58 -19 8.1 +0.2
EFAS Global X MSCI SuperDividend EAFE ETF 9.8 56 -17 7.5 -0.4
SDGA Impact Shares Sustainable Development Goals Global ETF 9.8 75 -36 4.7 -3.3
IDV iShares International Select Dividend ETF 9.6 49 -10 9.2 +1.2
MOTI VanEck Vectors Morningstar International Moat ETF 9.5 58 -19 7.6 -0.3
FGD First Trust Dow Jones Global Select Dividend Index Fund 9.4 59 -20 10.5 +2.6
FLFR Franklin FTSE France ETF 9.4 9 30 5.3 -2.7
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 9.4 47 -8 5.1 -2.8
VPL Vanguard FTSE Pacific ETF 9.2 8 31 6.2 -1.7
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 9.0 58 -19 4.9 -3.1
VEU Vanguard FTSE All-World ex-US Index Fund 9.0 8 31 6.4 -1.6
IVAL Alpha Architect International Quantitative Value ETF 8.9 59 -20 7.7 -0.3
WDIV SPDR Global Dividend ETF 8.7 40 -1 8.6 +0.6
KXI iShares Global Consumer Staples ETF 8.7 46 -7 4.9 -3.1
URTH iShares MSCI World ETF 8.7 24 15 4.8 -3.2
IXJ iShares Global Healthcare ETF 8.6 46 -7 6.0 -2.0
EWC iShares MSCI Canada ETF 8.3 51 -12 6.0 -2.0
EWJE iShares MSCI Japan Equal Weighted ETF 8.3 15 24 6.1 -1.9
EUFN iShares MSCI Europe Financials ETF 8.3 48 -9 9.6 +1.7
BBCA JPMorgan BetaBuilders Canada ETF 8.1 19 20 3.0 -5.0
VSGX Vanguard ESG International Stock ETF 8.0 17 22 6.1 -1.9
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 8.0 24 15 6.5 -1.5
IMFL Invesco International Developed Dynamic Multifactor ETF 8.0 34 5 8.1 +0.1
IXG iShares Global Financials ETF 7.9 46 -7 7.9 -0.1
MXI iShares Global Materials ETF 7.9 45 -6 5.0 -3.0
ZCAN SPDR Solactive Canada ETF 7.8 14 25 6.4 -1.6
FLSW Franklin FTSE Switzerland ETF 7.8 9 30 4.8 -3.2
ACWF iShares MSCI Global Multifactor ETF 7.8 35 4 6.6 -1.4
EWL iShares MSCI Switzerland ETF 7.6 51 -12 4.3 -3.7
JIG JPMorgan International Growth ETF 7.6 55 -16 2.5 -5.5
EPP iShares MSCI Pacific ex-Japan ETF 7.5 48 -9 5.3 -2.7
ACWI iShares MSCI ACWI ETF 7.4 32 7 4.9 -3.0
TOK iShares MSCI Kokusai ETF 7.4 25 14 4.7 -3.3
HEDJ WisdomTree Europe Hedged Equity Fund 7.4 58 -19 5.4 -2.6
GCOW Pacer Global High Dividend ETF 7.3 60 -21 9.5 +1.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 7.2 20 19 5.1 -2.9
VIGI Vanguard International Dividend Appreciation ETF 7.2 20 19 4.6 -3.3
DIVS SmartETFs Dividend Builder ETF 7.2 65 -26 5.5 -2.5
GNR SPDR S&P Global Natural Resources ETF 7.2 40 -1 5.7 -2.2
KOKU Xtrackers MSCI Kokusai Equity ETF 7.1 9 30 4.8 -3.1
JSTC Adasina Social Justice All Cap Global ETF 7.1 89 -50 4.8 -3.2
DWX SPDR S&P International Dividend ETF 7.1 45 -6 6.9 -1.1
WLDR Affinity World Leaders Equity ETF 7.0 47 -8 7.6 -0.4
VXUS Vanguard Total International Stock ETF 7.0 8 31 6.3 -1.7
DBGR Xtrackers MSCI Germany Hedged Equity ETF 6.9 45 -6 6.0 -2.0
EWG iShares MSCI Germany ETF 6.9 51 -12 5.8 -2.2
FLGR Franklin FTSE Germany ETF 6.9 9 30 6.3 -1.7
ACWV iShares MSCI Global Min Vol Factor ETF 6.9 20 19 5.3 -2.7
RXI iShares Global Consumer Discretionary ETF 6.9 46 -7 3.5 -4.5
LOWC SPDR MSCI ACWI Low Carbon Target ETF 6.8 20 19 5.1 -2.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 6.8 9 30 5.1 -2.9
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 6.8 46 -7 5.5 -2.5
BBAX JPMorgan BetaBuilders Developed Asia ex-Japan ETF 6.7 19 20 2.7 -5.3
ZDEU SPDR Solactive Germany ETF 6.7 14 25 6.7 -1.3
DAX Global X DAX Germany ETF 6.7 21 18 6.2 -1.8
INFR Legg Mason Global Infrastructure ETF 6.7 40 -1 4.9 -3.1
PICK iShares MSCI Global Metals & Mining Producers ETF 6.5 39 0 6.7 -1.3
KOIN Innovation Shares NextGen Protocol ETF 6.4 95 -56 3.6 -4.4
FLCA Franklin FTSE Canada ETF 6.3 9 30 6.5 -1.5
EXI iShares Global Industrials ETF 6.3 46 -7 4.3 -3.7
HART IQ Healthy Hearts ETF 6.0 45 -6 4.7 -3.3
IDLB Invesco FTSE International Low Beta Equal Weight ETF 5.8 45 -6 5.7 -2.3
BNE Blue Horizon BNE ETF 5.8 87 -48 2.7 -5.3
DXGE WisdomTree Germany Hedged Equity Fund 5.7 48 -9 7.3 -0.7
JOYY Infusive Compounding Global Equities ETF 5.6 50 -11 3.5 -4.5
HAP VanEck Vectors Natural Resources ETF 5.4 50 -11 5.0 -3.0
PIZ Invesco DWA Developed Markets Momentum ETF 5.4 80 -41 3.2 -4.8
FSZ First Trust Switzerland AlphaDEX Fund 5.4 80 -41 3.6 -4.3
FYLD Cambria Foreign Shareholder Yield ETF 5.3 59 -20 6.7 -1.3
GOAT VanEck Vectors Morningstar Global Wide Moat ETF 5.3 52 -13 4.7 -3.2
IDMO Invesco S&P International Developed Momentum ETF 5.2 25 14 3.3 -4.7
XT iShares Exponential Technologies ETF 5.2 47 -8 4.4 -3.6
IDRV iShares Self-driving EV & Tech ETF 5.1 47 -8 5.1 -2.9
DVYA iShares Asia/Pacific Dividend ETF 5.1 49 -10 10.7 +2.7
GDVD Principal Active Global Dividend Income ETF 5.1 58 -19 0.0 -8.0
NXTG First Trust Indxx NextG ETF 5.0 70 -31 5.1 -2.9
GXF Global X FTSE Nordic Region ETF 4.9 56 -17 7.3 -0.7
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 4.8 68 -29 4.3 -3.6
DWCR Arrow DWA Country Rotation ETF 4.8 136 -97 3.2 -4.7
WWJD Inspire International ESG ETF 4.7 80 -41 5.3 -2.7
SDG iShares Sustainable MSCI Global Impact ETF 4.6 49 -10 5.3 -2.7
URA Global X Uranium ETF 4.5 69 -30 1.2 -6.8
PID Invesco International Dividend Achievers ETF 4.5 53 -14 8.0 -0.0
EWA iShares MSCI Australia ETF 4.4 51 -12 5.0 -3.0
EKAR Innovation Shares NextGen Vehicles & Technology ETF 4.3 95 -56 4.8 -3.2
FLAU Franklin FTSE Australia ETF 4.3 9 30 5.5 -2.5
GRES IQ Global Resources ETF 4.1 78 -39 5.6 -2.4
FGM First Trust Germany AlphaDEX Fund 4.0 80 -41 5.2 -2.8
IXC iShares Global Energy ETF 4.0 46 -7 5.3 -2.7
FDD First Trust Stoxx European Select Dividend Index Fund 3.9 58 -19 8.2 +0.3
IXP iShares Global Comm Services ETF 3.8 46 -7 4.8 -3.2
VT Vanguard Total World Stock ETF 3.8 8 31 5.2 -2.8
CARZ First Trust NASDAQ Global Auto Index Fund 3.7 70 -31 8.9 +0.9
KLDW Gavekal Knowledge Leaders Developed World ETF 3.6 75 -36 4.0 -4.0
GII SPDR S&P Global Infrastructure ETF 3.6 40 -1 4.2 -3.8
IGF iShares Global Infrastructure ETF 3.6 46 -7 4.1 -3.9
DRIV Global X Autonomous & Electric Vehicles ETF 3.6 68 -29 4.4 -3.6
GVAL Cambria Global Value ETF 3.5 65 -26 8.5 +0.6
JXI iShares Global Utilities ETF 3.4 46 -7 5.3 -2.7
SDIV Global X SuperDividend ETF 3.3 59 -20 14.1 +6.1
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 3.3 50 -11 3.3 -4.7
GLIF AGFiQ Global Infrastructure ETF 3.1 45 -6 4.2 -3.8
SMEZ SPDR EURO STOXX Small Cap ETF 3.0 45 -6 5.7 -2.3
FLM First Trust Global Engineering and Construction ETF 2.9 70 -31 7.4 -0.5
EWP iShares MSCI Spain ETF 2.9 51 -12 7.2 -0.8
FILL iShares MSCI Global Energy Producers ETF 2.8 39 0 5.7 -2.2
MOTO SmartETFs Smart Transportation & Technology ETF 2.8 68 -29 5.2 -2.8
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 2.8 80 -41 7.2 -0.8
FLIY Franklin FTSE Italy ETF 2.7 9 30 7.5 -0.5
EWI iShares MSCI Italy ETF 2.7 51 -12 7.0 -1.0
FDRR Fidelity Dividend ETF for Rising Rates 2.6 29 10 6.2 -1.8
EWD iShares MSCI Sweden ETF 2.6 51 -12 7.4 -0.6
QTUM Defiance Quantum ETF 2.6 40 -1 4.4 -3.6
WPS iShares International Developed Property ETF 2.6 48 -9 6.2 -1.8
IXN iShares Global Tech ETF 2.5 46 -7 3.7 -4.3
VNQI Vanguard Global ex-U.S. Real Estate ETF 2.5 12 27 8.5 +0.6
FAN First Trust Global Wind Energy ETF 2.5 62 -23 3.7 -4.3
FLHK Franklin FTSE Hong Kong ETF 2.5 9 30 6.4 -1.6
EWH iShares MSCI Hong Kong ETF 2.5 51 -12 5.7 -2.3
FVD First Trust Value Line Dividend Index Fund 2.4 70 -31 5.3 -2.7
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 2.4 75 -36 5.7 -2.3
BLES Inspire Global Hope Large Cap ETF 2.3 52 -13 4.9 -3.1
AIIQ AI Powered International Equity ETF 2.3 79 -40 4.0 -4.0
GENY Principal Millennials Index ETF 2.3 45 -6 3.0 -5.0
IPKW Invesco International BuyBack Achievers ETF 2.3 55 -16 6.3 -1.7
FDVV Fidelity Core Dividend ETF 2.3 29 10 6.1 -1.9
EDEN iShares MSCI Denmark Capped ETF 2.3 53 -14 4.7 -3.3
DIM WisdomTree International MidCap Dividend Fund 2.2 58 -19 6.6 -1.4
HTEC ROBO Global Healthcare Technology & Innovation ETF 2.2 68 -29 1.1 -6.9
PAWZ ProShares Pet Care ETF 2.1 50 -11 2.3 -5.7
IMOM Alpha Architect International Quantitative Momentum ETF 2.1 59 -20 3.0 -4.9
MJ ETFMG Alternative Harvest ETF 2.1 75 -36 -2.5 -10.5
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde 2.1 70 -31 3.4 -4.6
EWS iShares MSCI Singapore ETF 2.0 51 -12 6.3 -1.7
BATT Amplify Advanced Battery Metals & Materials ETF 1.9 59 -20 2.7 -5.3
SCHC Schwab International Small-Cap Equity ETF 1.9 11 28 5.0 -3.0
DRW WisdomTree Global ex-US Real Estate Fund 1.9 58 -19 8.9 +0.9
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.8 70 -31 3.4 -4.6
HAUZ Xtrackers International Real Estate ETF 1.8 10 29 7.4 -0.6
IFGL iShares International Developed Real Estate ETF 1.7 48 -9 6.1 -1.9
FFR First Trust FTSE EPRA/NAREIT Developed Markets Real Estate 1.7 60 -21 5.4 -2.6
ISCF iShares Edge MSCI Multifactor Intl Small-Cap ETF 1.6 40 -1 7.1 -0.9
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 1.5 47 -8 1.3 -6.7
FTRI First Trust Indxx Global Natural Resources Income ETF 1.5 70 -31 9.0 +1.0
FVL First Trust Value Line 100 ETF 1.5 70 -31 0.0 -8.0
DINT Davis Select International ETF 1.5 65 -26 5.3 -2.6
IVRA Invesco Real Assets ESG ETF 1.5 59 -20 4.9 -3.1
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 1.5 47 -8 4.6 -3.4
AIA iShares Asia 50 ETF 1.5 50 -11 5.9 -2.1
ZHOK SPDR Solactive Hong Kong ETF 1.5 14 25 5.7 -2.3
AGNG Global X Aging Population ETF 1.5 50 -11 3.2 -4.7
EWN iShares MSCI Netherlands ETF 1.4 51 -12 3.9 -4.1
TOKE Cambria Cannabis ETF 1.4 42 -3 -0.4 -8.3
AVDV Avantis International Small Cap Value ETF 1.3 36 3 6.3 -1.7
EMLP First Trust North American Energy Infrastructure Fund 1.2 96 -57 4.3 -3.7
LUXE Emles Luxury Goods ETF 1.2 60 -21 1.6 -6.4
SDEI Sound Equity Income ETF 1.1 45 -6 8.3 +0.4
TPYP Tortoise North American Pipeline Fund 1.1 40 -1 5.0 -3.0
MLPX Global X MLP & Energy Infrastructure ETF 1.1 45 -6 4.1 -3.9
ENFR Alerian Energy Infrastructure ETF 1.1 65 -26 3.6 -4.4
ABEQ Absolute Core Strategy ETF 1.1 88 -49 3.6 -4.4
USAI Pacer American Energy Independence ETF 1.1 75 -36 3.1 -4.9
AFK VanEck Vectors Africa Index ETF 1.1 79 -40 7.7 -0.3
ASEA Global X Southeast Asia ETF 1.1 65 -26 7.6 -0.4
OBOR KraneShares MSCI One Belt One Road Index ETF 1.1 79 -40 7.4 -0.6
VRAI Virtus Real Asset Income ETF 1.1 55 -16 6.5 -1.5
RING iShares MSCI Global Gold Miners ETF 1.1 39 0 4.8 -3.2
SGDM Sprott Gold Miners ETF 1.1 50 -11 4.4 -3.6
NANR SPDR S&P North American Natural Resources ETF 1.1 35 4 3.9 -4.1
GOAU U.S. Global GO GOLD & Precious Metal Miners ETF 1.1 60 -21 3.8 -4.2
SLVP iShares MSCI Global Silver Miners ETF 1.1 39 0 2.5 -5.4
AAXJ iShares MSCI All Country Asia ex Japan ETF 1.1 70 -31 5.7 -2.3
PSP Invesco Global Listed Private Equity ETF 1.0 158 -119 5.7 -2.3
PEX ProShares Global Listed Private Equity ETF 1.0 341 -302 5.1 -2.9
IEUS iShares MSCI Europe Small-Cap ETF 1.0 40 -1 5.0 -3.0
FLAX Franklin FTSE Asia Ex Japan ETF 1.0 19 20 6.5 -1.5
RNEM First Trust Emerging Markets Equity Select ETF 1.0 75 -36 9.8 +1.9
ADIV SmartETFs Asia Pacific Dividend Builder ETF 1.0 78 -39 7.9 -0.1
IDNA iShares Genomics Immunology & Healthcare ETF 1.0 47 -8 -2.8 -10.8
COPX Global X Copper Miners ETF 1.0 65 -26 5.2 -2.8
PRNT The 3D Printing ETF 1.0 66 -27 1.3 -6.7
PZD Invesco Cleantech ETF 1.0 65 -26 3.6 -4.4
SULR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.9 79 -40 3.8 -4.2
BJK VanEck Vectors Gaming ETF 0.9 65 -26 1.8 -6.2
NKEF Sample Portfolio 0.9 0 39 3.8 -4.2
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.9 85 -46 3.4 -4.6
EWGS iShares MSCI Germany Small Cap ETF 0.9 59 -20 4.5 -3.5
EWUS iShares MSCI United Kingdom Small Cap ETF 0.8 59 -20 5.3 -2.7
GQRE FlexShares Global Quality Real Estate Index Fund 0.8 45 -6 5.7 -2.3
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 0.7 95 -56 8.4 +0.4
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.7 70 -31 2.1 -5.9
QQQJ Invesco NASDAQ Next Gen 100 ETF 0.7 15 24 2.3 -5.7
IVES Wedbush ETFMG Global Cloud Technology ETF 0.7 68 -29 2.0 -5.9
FTAG First Trust Indxx Global Agriculture ETF 0.7 70 -31 4.7 -3.3
MOO VanEck Vectors Agribusiness ETF 0.7 56 -17 4.0 -4.0
CVY Invesco Zacks Multi-Asset Income ETF 0.7 94 -55 7.8 -0.2
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.7 65 -26 1.4 -6.5
SKYY First Trust Cloud Computing ETF 0.7 60 -21 2.5 -5.5
SNSR Global X Internet of Things Thematic ETF 0.6 68 -29 3.7 -4.3
DTEC ALPS Disruptive Technologies ETF 0.6 50 -11 2.7 -5.3
LOUP Innovator Loup Frontier Tech ETF 0.6 70 -31 1.8 -6.2
SCZ iShares MSCI Eafe Small-Cap ETF 0.6 40 -1 5.2 -2.8
ANEW ProShares MSCI Transformational Changes ETF 0.5 45 -6 2.6 -5.4
FNDC Schwab Fundamental International Small Co. Index ETF 0.4 39 0 5.0 -2.9
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.4 49 -10 4.4 -3.6
PNQI Invesco NASDAQ Internet ETF 0.4 60 -21 1.5 -6.5
OGIG O'Shares Global Internet Giants ETF 0.3 48 -9 1.0 -7.0
AIQ Global X Future Analytics Tech ETF 0.3 68 -29 3.2 -4.8
CZA Invesco Zacks Mid-Cap ETF 0.3 69 -30 5.3 -2.7
UTES Virtus Reaves Utilities ETF 0.3 49 -10 4.3 -3.6
ECLN First Trust EIP Carbon Impact ETF 0.3 97 -58 3.0 -4.9
CEZ VictoryShares Emerging Market Volatility Wtd ETF 0.3 50 -11 9.8 +1.8
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.3 75 -36 1.8 -6.2
JEMA JPMorgan Emerging Markets Equity Core ETF 0.2 39 0 5.8 -2.2
BKEM BNY Mellon Emerging Markets Equity ETF 0.2 18 21 6.8 -1.2
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 11 28 5.3 -2.7
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.2 36 3 6.9 -1.1
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.1 59 -20 10.2 +2.3
HAIL SPDR S&P Kensho Smart Mobility ETF 0.1 45 -6 4.3 -3.6
KOMP SPDR Kensho New Economies Composite ETF 0.0 20 19 1.9 -6.1
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.0 80 -41 8.3 +0.3
GWX SPDR S&P International Small Cap ETF 0.0 40 -1 5.0 -3.0
ENZL iShares MSCI New Zealand Capped ETF 0.0 51 -12 2.7 -5.3

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

  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

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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 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 10.1 %
Divided by: Fwd. P/BV 1.2 x
Less: Expense ratio 39 bp
Equals: ALTAR Score 8.0 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.48 CATEGORY
AVERAGE
1.54
 
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.