Fidelity International Value Factor ETF
ALTAR
Score™		 9.3% info Recommen-
dation		 OVERWEIGHT
2024E    2025E
P/E
ratio		 10.0x P/Sales
ratio		 0.8x
P/BV
ratio		 1.2x Div.
yield		 4.1%


  • 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) $117
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 124
Wgt avg mkt cap (mns) $76,483
Large cap (>$10bn) 92.6%
Mid cap ($2-10bn) 7.4%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ASML HOLDING NV 2.4 %
NESTLE SA-REG 1.9 %
NOVARTIS AG 1.5 %
SIEMENS AG-REG 1.5 %
VOLVO AB-B SHS 1.5 %
HSBC HOLDINGS PLC 1.5 %
BOC HONG KONG HOLDINGS LTD 1.5 %
SHELL PLC 1.5 %
MITSUBISHI CORP 1.4 %
ASTRAZENECA PLC 1.4 %
Total 16.1 %

TOP COUNTRY EXPOSURE
JAPAN 23.2 %
BRITAIN 13.4 %
GERMANY 11.2 %
CANADA 10.1 %
FRANCE 9.2 %
SWITZERLAND 8.1 %
NETHERLANDS 5.8 %
AUSTRALIA 5.1 %
SWEDEN 3.4 %
HONG KONG 2.3 %

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.
5.1% 17.5% 7.2% -- 5.0%

Market Correlations
versus... Beta R-squared
S&P500 0.79 64%
MSCI EAFE 0.98 91%
MSCI Emg. Mkts. 0.78 62%

Technical Indicators
Recent close $25.14
30d moving avg. $23.27
Annualized volatility 17.4%
Short interest (ETF) 0.1%
Relative strength (RSI) 65

Liquidity measures
Avg. volume (thou.) 13
Turnover 0.3%
Bid/Ask (% of price) 0.18%
ADV underlying (mns) $14,823

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 417 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™: 9.3%


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 44.6 30 -12 10.6 +1.4
DOL WisdomTree International LargeCap Dividend Fund 34.6 48 -30 7.7 -1.6
EFV iShares MSCI EAFE Value ETF 33.8 34 -16 9.1 -0.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 31.3 45 -27 8.5 -0.8
IEV iShares Europe ETF 30.7 67 -49 6.1 -3.2
DIVI Franklin International Core Dividend Tilt Index ETF 30.5 9 9 8.0 -1.3
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 30.1 25 -7 7.4 -1.9
VYMI Vanguard International High Dividend Yield ETF 30.1 22 -4 9.7 +0.4
DBEU Xtrackers MSCI Europe Hedged Equity ETF 30.1 46 -28 6.3 -3.0
IQIN IQ 500 International ETF 30.0 25 -7 8.8 -0.5
JIRE JPMorgan International Research Enhanced Equity ETF 29.8 24 -6 6.7 -2.6
BBEU JPMorgan BetaBuilders Europe ETF 29.8 9 9 6.7 -2.6
FLEE Franklin FTSE Europe ETF 29.8 9 9 6.8 -2.5
EFA iShares MSCI EAFE ETF 29.5 35 -17 6.4 -2.9
FNDF Schwab Fundamental International Large Co. Index ETF 29.1 25 -7 9.1 -0.2
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 28.7 36 -18 6.4 -2.9
RFDI First Trust Riverfront Dynamic Developed International ETF 28.6 83 -65 9.0 -0.3
BKIE BNY Mellon International Equity ETF 28.5 4 14 6.9 -2.4
ESGD iShares ESG Aware MSCI EAFE ETF 28.5 20 -2 6.3 -3.0
GSID Goldman Sachs MarketBeta International Equity ETF 28.4 20 -2 6.7 -2.6
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 28.3 40 -22 7.8 -1.5
DWM WisdomTree International Equity Fund 28.1 48 -30 7.8 -1.5
VGK Vanguard FTSE Europe ETF 28.1 11 7 6.8 -2.5
IEUR iShares Core MSCI Europe ETF 28.1 11 7 -1.3 -10.6
FDEV Fidelity International Multifactor ETF 27.7 18 0 7.5 -1.8
INTF iShares International Equity Factor ETF 27.5 15 3 7.8 -1.5
GSIE Goldman Sachs ActiveBeta International Equity ETF 27.1 25 -7 7.4 -1.9
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 26.9 20 -2 6.9 -2.4
SPEU SPDR Portfolio Europe ETF 26.9 7 11 6.6 -2.7
JHMD John Hancock Multifactor Developed International ETF 26.9 39 -21 7.4 -1.9
QEFA SPDR MSCI EAFE StrategicFactors ETF 26.8 30 -12 6.8 -2.5
HFXI IQ FTSE International Equity Currency Neutral ETF 26.6 20 -2 6.8 -2.5
FIDI Fidelity International High Dividend ETF 26.4 18 0 10.1 +0.8
IMTM iShares MSCI Intl Momentum Factor ETF 26.0 30 -12 6.8 -2.5
IDEV iShares Core MSCI International Developed Markets ETF 25.5 4 14 6.7 -2.6
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 25.4 20 -2 6.3 -3.0
DFIV Dimensional International Value ETF 25.4 27 -9 9.8 +0.5
IEFA iShares Core MSCI EAFE ETF 25.4 7 11 2.7 -6.6
SCHF Schwab International Equity ETF 25.0 6 12 7.0 -2.3
VEA Vanguard FTSE Developed Markets ETF 24.6 5 13 7.0 -2.3
CEFA Global X S&P Catholic Values Developed ex-US ETF 24.2 35 -17 6.4 -2.9
SPDW SPDR Portfolio Developed World ex-US ETF 24.1 3 15 6.9 -2.4
IQSI IQ Candriam International Equity ETF 24.0 15 3 6.4 -2.9
EZU iShares MSCI Eurozone ETF 23.6 52 -34 6.2 -3.1
FLEU Franklin FTSE Eurozone ETF 23.2 9 9 6.7 -2.6
CWI SPDR MSCI ACWI ex-US ETF 23.1 30 -12 6.8 -2.5
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 23.1 39 -21 7.6 -1.7
JHID John Hancock International High Dividend ETF 22.9 46 -28 11.5 +2.2
ESGN Columbia International ESG Equity Income ETF 22.8 45 -27 9.0 -0.3
RFEU First Trust Riverfront Dynamic Europe ETF 22.6 83 -65 8.7 -0.5
RODE Hartford Multifactor Diversified International ETF 22.5 29 -11 11.5 +2.2
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 22.2 45 -27 6.2 -3.1
IQDE FlexShares International Quality Dividend Defensive Index ET 22.0 47 -29 10.7 +1.4
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 21.9 32 -14 6.7 -2.6
IQDF FlexShares International Quality Dividend Index Fund 21.6 47 -29 10.7 +1.4
ACWX iShares MSCI ACWI ex U.S. ETF 21.3 34 -16 6.7 -2.6
DGT SPDR Global Dow ETF 21.2 50 -32 6.7 -2.6
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 21.0 14 4 6.2 -3.1
FEZ SPDR EURO STOXX 50 ETF 21.0 29 -11 6.2 -3.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 20.7 41 -23 6.7 -2.6
DFAI Dimensional International Core Equity Market ETF 20.6 18 0 6.9 -2.4
QINT American Century Quality Diversified International ETF 20.6 39 -21 7.4 -1.9
UIVM VictoryShares International Value Momentum ETF 20.6 35 -17 10.7 +1.4
VEU Vanguard FTSE All-World ex-US Index Fund 20.2 8 10 7.2 -2.1
RODM Hartford Multifactor Developed Markets (ex-US) ETF 20.0 29 -11 8.8 -0.5
IGRO iShares International Dividend Growth ETF 19.8 15 3 7.1 -2.2
NUDM Nuveen ESG International Developed Markets Equity ETF 19.7 31 -13 6.4 -2.9
DTH WisdomTree International High Dividend Fund 19.6 58 -40 10.1 +0.9
DWMF WisdomTree International Multifactor Fund 19.5 38 -20 7.3 -2.0
IQLT iShares MSCI Intl Quality Factor ETF 19.3 30 -12 5.7 -3.6
OEUR ALPS O'Shares Europe Quality Dividend ETF 18.9 48 -30 5.7 -3.6
AVIV Avantis International Large Cap Value ETF 18.8 25 -7 8.9 -0.4
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 18.8 39 -21 7.3 -2.0
UMMA Wahed Dow Jones Islamic World ETF 18.5 65 -47 4.3 -5.0
EUDG WisdomTree Europe Quality Dividend Growth Fund 18.4 58 -40 6.0 -3.3
IXUS iShares Core MSCI Total International Stock ETF 18.3 7 11 6.9 -2.4
IDMO Invesco S&P International Developed Momentum ETF 18.2 25 -7 7.0 -2.3
VXUS Vanguard Total International Stock ETF 18.2 7 11 7.1 -2.2
JPXN iShares JPX-Nikkei 400 ETF 18.1 48 -30 7.5 -1.8
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 17.7 25 -7 7.7 -1.6
CIL VictoryShares International Volatility Wtd ETF 17.7 45 -27 6.9 -2.4
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 17.6 51 -33 6.8 -2.5
CID VictoryShares International High Div Volatility Wtd ETF 17.4 45 -27 9.5 +0.2
IDHQ Invesco S&P International Developed High Quality ETF 17.0 29 -11 5.8 -3.5
DIHP Dimensional International High Profitability ETF 17.0 29 -11 6.9 -2.4
IQDY FlexShares International Quality Dividend Dynamic Index Fund 16.8 47 -29 10.3 +1.0
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 16.7 20 -2 10.7 +1.4
EWJ iShares MSCI Japan ETF 16.7 50 -32 6.7 -2.6
EFG iShares MSCI EAFE Growth ETF 16.5 36 -18 4.1 -5.2
IDOG ALPS International Sector Dividend Dogs ETF 16.4 50 -32 11.6 +2.3
EWJV iShares MSCI Japan Value ETF 16.2 15 3 9.0 -0.3
DBJP Xtrackers MSCI Japan Hedged Equity ETF 16.1 47 -29 6.6 -2.7
VSGX Vanguard ESG International Stock ETF 16.1 12 6 6.8 -2.5
VWID Virtus WMC International Dividend ETF 16.1 49 -31 9.4 +0.1
BBJP JPMorgan BetaBuilders Japan ETF 16.1 19 -1 7.1 -2.2
EFAV iShares MSCI EAFE Min Vol Factor ETF 16.0 22 -4 6.2 -3.1
FDT First Trust Developed Markets ex-US AlphaDEX Fund 15.8 80 -62 10.8 +1.5
DMDV AAM S&P Developed Markets High Dividend Value ETF 15.6 39 -21 12.7 +3.4
IPAC iShares Core MSCI Pacific ETF 15.5 9 9 6.7 -2.6
FLJP Franklin FTSE Japan ETF 15.4 9 9 7.1 -2.2
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 15.4 9 9 9.8 +0.5
FICS First Trust International Developed Capital Strength ETF 15.4 70 -52 6.1 -3.2
FEP First Trust Europe AlphaDEX Fund 15.3 80 -62 8.6 -0.7
SCHY Schwab International Dividend Equity ETF 15.2 14 4 9.3 -0.0
FLJH Franklin FTSE Japan Hedged ETF 15.2 9 9 6.9 -2.4
JPIN J.P. Morgan Diversified Return International Equity ETF 15.2 37 -19 8.7 -0.6
DMXF iShares ESG Advanced MSCI EAFE ETF 14.8 12 6 5.4 -3.9
ICOW Pacer Developed Markets International Cash Cows 100 ETF 14.8 65 -47 12.8 +3.5
WRND IQ Global Equity R&D Leaders ETF 14.7 18 0 7.2 -2.1
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 14.2 24 -6 8.6 -0.7
LVHI Franklin International Low Volatility High Dividend Index ET 14.0 40 -22 10.2 +0.9
HEDJ WisdomTree Europe Hedged Equity Fund 13.5 58 -40 8.4 -0.9
VPL Vanguard FTSE Pacific ETF 13.5 8 10 7.0 -2.3
DFIC Dimensional International Core Equity 2 ETF 13.4 23 -5 7.4 -1.9
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 13.4 58 -40 5.6 -3.7
IQDG WisdomTree International Quality Dividend Growth Fund 13.4 42 -24 5.8 -3.5
FEUZ First Trust Eurozone AlphaDEX ETF 13.4 80 -62 8.3 -1.0
DSTX Distillate International Fundamental Stability & Value ETF 13.4 55 -37 8.0 -1.3
DXJ WisdomTree Japan Hedged Equity Fund 13.3 48 -30 7.7 -1.6
GCOW Pacer Global Cash Cows Dividend ETF 13.0 60 -42 13.6 +4.3
FLGB Franklin FTSE United Kingdom ETF 13.0 9 9 8.3 -1.0
IOO iShares Global 100 ETF 13.0 41 -23 4.8 -4.5
AIVI WisdomTree International AI Enhanced Value Fund 12.9 58 -40 8.0 -1.3
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 12.9 80 -62 5.4 -3.9
VIGI Vanguard International Dividend Appreciation ETF 12.8 15 3 5.6 -3.7
LEGR First Trust Indxx Innovative Transaction & Process ETF 12.8 65 -47 8.4 -0.9
IXG iShares Global Financials ETF 12.6 42 -24 6.8 -2.5
IPKW Invesco International BuyBack Achievers ETF 12.5 55 -37 9.1 -0.2
MOTI VanEck Morningstar International Moat ETF 12.5 58 -40 6.9 -2.4
EWU iShares MSCI United Kingdom ETF 12.2 50 -32 7.8 -1.5
WLDR Affinity World Leaders Equity ETF 11.8 67 -49 8.5 -0.8
CGXU Capital Group International Focus Equity ETF 11.8 54 -36 4.1 -5.2
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 11.8 80 -62 5.6 -3.7
AVDE Avantis International Equity ETF 11.8 23 -5 7.9 -1.4
FJP First Trust Japan AlphaDEX Fund 11.7 80 -62 10.1 +0.9
ISZE iShares MSCI Intl Size Factor ETF 11.6 30 -12 6.6 -2.7
WWJD Inspire International ETF 11.5 80 -62 7.1 -2.2
KOCG FIS Knights of Columbus Global Belief ETF 11.2 75 -57 5.3 -4.0
TPIF Timothy Plan International ETF 11.0 62 -44 6.7 -2.6
GNR SPDR S&P Global Natural Resources ETF 10.8 40 -22 9.2 -0.1
DFSI Dimensional International Sustainability Core 1 ETF 10.8 24 -6 6.2 -3.1
EXI iShares Global Industrials ETF 10.8 42 -24 4.7 -4.6
FYLD Cambria Foreign Shareholder Yield ETF 10.6 59 -41 12.0 +2.7
JIG JPMorgan International Growth ETF 10.5 55 -37 4.3 -5.0
EUFN iShares MSCI Europe Financials ETF 10.5 51 -33 8.1 -1.2
IDLV Invesco S&P International Developed Low Volatility ETF 10.5 25 -7 5.8 -3.5
IDV iShares International Select Dividend ETF 10.4 51 -33 12.3 +3.0
DBGR Xtrackers MSCI Germany Hedged Equity ETF 10.4 45 -27 6.4 -2.9
FLGR Franklin FTSE Germany ETF 10.4 9 9 7.1 -2.2
EWG iShares MSCI Germany ETF 10.4 50 -32 6.5 -2.8
RAYD Rayliant Quantitative Developed Market Equity ETF 10.4 80 -62 4.5 -4.8
FKU First Trust United Kingdom AlphaDEX Fund 10.3 80 -62 7.5 -1.8
VIDI Vident International Equity Strategy ETF 10.1 61 -43 11.9 +2.6
QWLD SPDR MSCI World StrategicFactors ETF 10.1 30 -12 6.1 -3.2
EUDV ProShares MSCI Europe Dividend Growers ETF 10.1 55 -37 5.0 -4.3
IVAL Alpha Architect International Quantitative Value ETF 10.1 49 -31 5.8 -3.5
TTAI FCF International Quality ETF 10.0 59 -41 7.4 -1.9
DAX Global X DAX Germany ETF 9.9 21 -3 6.9 -2.4
BBCA JPMorgan BetaBuilders Canada ETF 9.5 19 -1 7.0 -2.3
BKCI BNY Mellon Concentrated International ETF 9.5 80 -62 5.2 -4.1
DFAX Dimensional World ex U.S. Core Equity 2 ETF 9.5 30 -12 7.8 -1.5
EWC iShares MSCI Canada ETF 9.4 50 -32 6.9 -2.4
ESGG FlexShares STOXX Global ESG Select Index Fund 9.4 42 -24 5.1 -4.2
FLCA Franklin FTSE Canada ETF 9.3 9 9 7.2 -2.1
CGGO Capital Group Global Growth Equity ETF 9.3 47 -29 4.3 -5.0
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 9.3 42 -24 6.8 -2.5
DEW WisdomTree Global High Dividend Fund 8.9 58 -40 9.1 -0.2
EFAD ProShares MSCI EAFE Dividend Growers ETF 8.8 50 -32 5.1 -4.2
URTH iShares MSCI World ETF 8.7 24 -6 5.4 -3.9
OSEA Harbor International Compounders ETF 8.5 55 -37 3.7 -5.6
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 8.4 46 -28 8.8 -0.5
EWQ iShares MSCI France ETF 8.3 53 -35 5.4 -3.9
GLOF iShares Global Equity Factor ETF 8.3 20 -2 7.1 -2.2
CLNR IQ Cleaner Transport ETF 8.0 45 -27 8.3 -1.0
MOTG VanEck Morningstar Global Wide Moat ETF 7.9 52 -34 5.8 -3.5
RXI iShares Global Consumer Discretionary ETF 7.8 41 -23 5.5 -3.8
FGD First Trust Dow Jones Global Select Dividend Index Fund 7.8 56 -38 13.9 +4.6
TOK iShares MSCI Kokusai ETF 7.8 26 -8 5.3 -4.0
ACWI iShares MSCI ACWI ETF 7.8 32 -14 5.5 -3.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 7.7 9 9 5.7 -3.6
KOKU Xtrackers MSCI Kokusai Equity ETF 7.7 9 9 5.5 -3.8
DWX SPDR S&P International Dividend ETF 7.4 45 -27 7.1 -2.2
GVAL Cambria Global Value ETF 7.1 68 -50 12.3 +3.1
EPP iShares MSCI Pacific ex-Japan ETF 7.0 47 -29 5.4 -3.9
NXTG First Trust Indxx NextG ETF 6.9 70 -52 6.0 -3.3
FGM First Trust Germany AlphaDEX Fund 6.9 80 -62 9.2 -0.1
FLSW Franklin FTSE Switzerland ETF 6.9 9 9 5.1 -4.2
EWL iShares MSCI Switzerland ETF 6.9 50 -32 4.1 -5.2
VT Vanguard Total World Stock ETF 6.9 7 11 5.8 -3.5
BNE Blue Horizon BNE ETF 6.7 87 -69 5.0 -4.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 6.6 20 -2 5.6 -3.7
KOIN Capital Link Global Fintech Leaders ETF 6.6 75 -57 4.6 -4.7
EFAS Global X MSCI SuperDividend EAFE ETF 6.6 57 -39 9.7 +0.4
NTZG Nuveen Global Net Zero Transition ETF 6.5 56 -38 4.9 -4.4
IXJ iShares Global Healthcare ETF 6.4 42 -24 6.1 -3.2
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 6.4 19 -1 5.8 -3.5
FID First Trust S&P International Dividend Aristocrats ETF 6.1 60 -42 9.8 +0.6
MXI iShares Global Materials ETF 6.1 41 -23 6.6 -2.7
FDD First Trust Stoxx European Select Dividend Index Fund 5.9 58 -40 12.9 +3.6
KXI iShares Global Consumer Staples ETF 5.8 41 -23 5.6 -3.7
EWN iShares MSCI Netherlands ETF 5.8 50 -32 4.7 -4.6
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 5.7 25 -7 6.1 -3.2
IMOM Alpha Architect International Quantitative Momentum ETF 5.7 49 -31 7.3 -2.0
BLES Inspire Global Hope ETF 5.7 61 -43 6.3 -3.0
FILL iShares MSCI Global Energy Producers ETF 5.6 39 -21 9.0 -0.3
IXC iShares Global Energy ETF 5.6 44 -26 8.2 -1.1
SXUS Janus Henderson International Sustainable Equity ETF 5.6 60 -42 4.6 -4.7
CARZ First Trust NASDAQ Global Auto Index Fund 5.5 70 -52 3.5 -5.8
GDVD R3 Global Dividend Growth ETF 5.4 88 -70 5.8 -3.5
AGQI First Trust Active Global Quality Income ETF 5.2 85 -67 5.8 -3.5
XT iShares Exponential Technologies ETF 5.2 46 -28 3.9 -5.4
WDIV SPDR S&P Global Dividend ETF 5.2 40 -22 10.2 +1.0
EWA iShares MSCI Australia ETF 5.1 50 -32 5.3 -4.0
FLAU Franklin FTSE Australia ETF 5.1 9 9 5.8 -3.5
KLDW Knowledge Leaders Developed World ETF 5.0 75 -57 4.9 -4.4
DIVS SmartETFs Dividend Builder ETF 4.9 65 -47 4.7 -4.6
PICK iShares MSCI Global Metals & Mining Producers ETF 4.9 39 -21 11.0 +1.7
QTUM Defiance Quantum ETF 4.8 40 -22 3.9 -5.4
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 4.6 12 6 5.1 -4.2
PID Invesco International Dividend Achievers ETF 4.5 53 -35 6.7 -2.6
DVYA iShares Asia/Pacific Dividend ETF 4.5 49 -31 9.1 -0.2
MOTO SmartETFs Smart Transportation & Technology ETF 4.4 68 -50 6.6 -2.7
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 4.4 47 -29 5.9 -3.4
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 4.4 80 -62 10.0 +0.7
FSZ First Trust Switzerland AlphaDEX Fund 4.3 80 -62 4.1 -5.2
HART IQ Healthy Hearts ETF 4.3 45 -27 5.3 -4.0
WBAT WisdomTree Battery Value Chain and Innovation Fund 4.3 45 -27 4.9 -4.4
TEMP JPMorgan Climate Change Solutions ETF 4.3 49 -31 4.7 -4.6
BECO BlackRock Future Climate and Sustainable Economy ETF 4.2 70 -52 13.7 +4.4
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 4.2 45 -27 6.2 -3.1
ACWV iShares MSCI Global Min Vol Factor ETF 4.1 20 -2 6.7 -2.6
FDRR Fidelity Dividend ETF for Rising Rates 4.1 15 3 7.9 -1.4
IXN iShares Global Tech ETF 3.9 41 -23 4.3 -5.0
FDVV Fidelity High Dividend ETF 3.8 15 3 8.9 -0.4
GINN Goldman Sachs Innovate Equity ETF 3.7 52 -34 2.7 -6.6
OCEN IQ Clean Oceans ETF 3.7 45 -27 5.3 -4.0
HAP VanEck Natural Resources ETF 3.7 50 -32 9.5 +0.2
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 3.6 47 -29 0.7 -8.6
SDG iShares MSCI Global Sustainable Development Goals ETF 3.5 49 -31 5.8 -3.5
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 3.5 58 -40 4.6 -4.7
TOLL Tema Monopolies and Oligopolies ETF 3.4 75 -57 2.6 -6.7
FTAG First Trust Indxx Global Agriculture ETF 3.4 70 -52 9.1 -0.2
EWI iShares MSCI Italy ETF 3.3 50 -32 8.2 -1.1
IBOT Vaneck Robotics ETF 3.2 47 -29 3.7 -5.6
IDNA iShares Genomics Immunology and Healthcare ETF 3.2 47 -29 -5.2 -14.4
BATT Amplify Lithium & Battery Technology ETF 3.2 59 -41 2.9 -6.4
EV Mast Global Battery Recycling & Production ETF 3.1 65 -47 12.8 +3.5
ION ProShares S&P Global Core Battery Metals ETF 3.1 58 -40 11.6 +2.3
BLLD JPMorgan Sustainable Infrastructure ETF 3.1 49 -31 6.2 -3.1
AIQ Global X Artificial Intelligence & Technology ETF 3.1 68 -50 4.2 -5.1
NANR SPDR S&P North American Natural Resources ETF 3.0 35 -17 6.6 -2.7
JXI iShares Global Utilities ETF 3.0 43 -25 6.7 -2.6
DRIV Global X Autonomous & Electric Vehicles ETF 3.0 68 -50 3.4 -5.9
INFL Horizon Kinetics Inflation Beneficiaries ETF 3.0 85 -67 4.9 -4.4
CANC Tema Oncology ETF 2.9 75 -57 -4.4 -13.7
KNCT Invesco Next Gen Connectivity ETF 2.9 40 -22 5.9 -3.4
SAGP Strategas Global Policy Opportunities ETF 2.8 65 -47 4.5 -4.8
JSTC Adasina Social Justice All Cap Global ETF 2.8 89 -71 4.8 -4.5
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 2.8 72 -54 2.2 -7.1
GSFP Goldman Sachs Future Planet Equity ETF 2.7 75 -57 4.5 -4.8
IVEG iShares Emergent Food and AgTech Multisector ETF 2.6 47 -29 8.3 -1.0
EWD iShares MSCI Sweden ETF 2.6 54 -36 6.0 -3.3
IQRA IQ CBRE Real Assets ETF 2.6 65 -47 5.9 -3.4
ANEW ProShares MSCI Transformational Changes ETF 2.6 45 -27 3.3 -6.0
LOUP Innovator Deepwater Frontier Tech ETF 2.4 70 -52 2.3 -7.0
INNO Harbor Disruptive Innovation ETF 2.4 75 -57 -3.5 -12.8
TINY ProShares Nanotechnology ETF 2.4 58 -40 1.9 -7.4
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 2.4 68 -50 5.3 -4.0
DIM WisdomTree International MidCap Dividend Fund 2.4 58 -40 7.7 -1.6
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 2.4 65 -47 1.6 -7.7
EWH iShares MSCI Hong Kong ETF 2.3 50 -32 7.0 -2.3
FLHK Franklin FTSE Hong Kong ETF 2.3 9 9 7.4 -1.9
CGUS Capital Group Core Equity ETF 2.2 33 -15 4.7 -4.6
LUX Tema Luxury ETF 2.2 75 -57 3.3 -6.0
LUXX Roundhill S&P Global Luxury ETF 2.2 45 -27 2.7 -6.6
COPX Global X Copper Miners ETF 2.2 65 -47 6.9 -2.4
UDI USCF Dividend Income Fund 2.2 65 -47 7.4 -1.9
IXP iShares Global Comm Services ETF 2.2 42 -24 5.3 -4.0
FIXT Procure Disaster Recovery Strategy ETF 2.1 75 -57 5.7 -3.6
FPAG FPA Global Equity ETF 2.1 49 -31 5.7 -3.6
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 2.1 68 -50 8.8 -0.5
TOKE Cambria Cannabis ETF 2.1 42 -24 -6.2 -15.5
ADIV SmartETFs Asia Pacific Dividend Builder ETF 2.1 78 -60 8.8 -0.5
GII SPDR S&P Global Infrastructure ETF 2.1 40 -22 5.0 -4.3
FAN First Trust Global Wind Energy ETF 2.1 60 -42 5.5 -3.8
IGF iShares Global Infrastructure ETF 2.1 41 -23 5.0 -4.3
FTWO Strive FAANG 2.0 ETF 2.1 49 -31 4.7 -4.6
URA Global X Uranium ETF 2.1 69 -51 3.9 -5.4
GLIF AGF Global Infrastructure ETF 2.1 45 -27 5.5 -3.8
IMFL Invesco International Developed Dynamic Multifactor ETF 2.0 34 -16 10.6 +1.3
SNSR Global X Internet of Things ETF 2.0 68 -50 4.3 -5.0
RSHO Tema American Reshoring ETF 2.0 75 -57 3.6 -5.7
ROBO ROBO Global Robotics & Automation Index ETF 2.0 95 -77 2.8 -6.5
DINT Davis Select International ETF 2.0 55 -37 4.7 -4.6
VERS ProShares Metaverse ETF 2.0 58 -40 -8.3 -17.6
PAWZ ProShares Pet Care ETF 1.9 50 -32 4.0 -5.3
NDIV Amplify Natural Resources Dividend Income ETF 1.9 59 -41 9.7 +0.4
CVY Invesco Zacks Multi-Asset Income ETF 1.9 106 -88 8.9 -0.4
WPS iShares International Developed Property ETF 1.9 48 -30 7.2 -2.1
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.9 12 6 8.7 -0.6
VEGI iShares MSCI Agriculture Producers ETF 1.8 39 -21 9.2 -0.1
SHLD Global X Defense Tech ETF 1.8 50 -32 4.8 -4.5
CGGR Capital Group Growth ETF 1.7 39 -21 3.5 -5.8
IDAT iShares Future Cloud 5G and Tech ETF 1.7 47 -29 4.5 -4.8
WDNA WisdomTree BioRevolution Fund 1.7 45 -27 -4.5 -13.8
CGV Conductor Global Equity Value ETF 1.7 130 -112 11.3 +2.1
IQM Franklin Intelligent Machines ETF 1.7 50 -32 3.1 -6.2
VCLN Virtus Duff & Phelps Clean Energy ETF 1.6 59 -41 3.5 -5.8
EWP iShares MSCI Spain ETF 1.6 50 -32 8.5 -0.8
SHPP Pacer Industrials and Logistics ETF 1.6 60 -42 8.9 -0.4
MVPS Amplify Thematic All-Stars ETF 1.6 49 -31 1.7 -7.6
ISHP First Trust Nasdaq Retail ETF 1.5 60 -42 3.2 -6.1
PRNT 3D Printing ETF 1.5 66 -48 -4.1 -13.3
BULD Pacer BlueStar Engineering the Future ETF 1.5 60 -42 1.2 -8.1
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.4 61 -43 -4.0 -13.3
GDOC Goldman Sachs Future Health Care Equity ETF 1.4 75 -57 3.2 -6.1
SANE Subversive Mental Health ETF 1.4 75 -57 0.0 -9.3
MOO VanEck Agribusiness ETF 1.3 53 -35 9.4 +0.1
ERTH Invesco MSCI Sustainable Future ETF 1.3 62 -44 3.7 -5.6
IVRS iShares Future Metaverse Tech and Communications ETF 1.3 47 -29 -5.3 -14.6
METV Roundhill Ball Metaverse ETF 1.3 59 -41 3.4 -5.9
ARVR First Trust Indxx Metaverse ETF 1.3 70 -52 2.5 -6.8
ASEA Global X FTSE Southeast Asia ETF 1.2 65 -47 6.5 -2.8
EWS iShares MSCI Singapore ETF 1.2 50 -32 4.0 -5.3
CGDV Capital Group Dividend Value ETF 1.2 33 -15 5.8 -3.5
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 1.2 85 -67 8.1 -1.2
GMET VanEck Green Metals ETF 1.2 63 -45 9.8 +0.5
RVRB Reverb ETF 1.2 30 -12 5.0 -4.3
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 1.2 49 -31 10.5 +1.2
AADR AdvisorShares Dorsey Wright ADR ETF 1.1 110 -92 5.4 -3.9
LNGG Roundhill Alerian LNG ETF 1.1 65 -47 8.5 -0.7
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.1 10 8 8.2 -1.1
IFGL iShares International Developed Real Estate ETF 1.1 48 -30 7.0 -2.3
VRAI Virtus Real Asset Income ETF 1.1 55 -37 8.6 -0.7
IVRA Invesco Real Assets ESG ETF 1.1 59 -41 7.1 -2.2
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 1.1 75 -57 7.8 -1.5
SMOG VanEck Low Carbon Energy ETF 1.1 61 -43 3.0 -6.3
APIE ActivePassive International Equity ETF 1.1 45 -27 7.7 -1.6
MJ ETFMG Alternative Harvest ETFMG Alternative Harvest 1.0 75 -57 -35.0 -44.3
GREI Goldman Sachs Future Real Estate and Infrastructure Equity E 1.0 75 -57 4.9 -4.4
HTEC ROBO Global Healthcare Technology and Innovation ETF 1.0 68 -50 1.1 -8.2
TRFK Pacer Data and Digital Revolution ETF 1.0 60 -42 4.0 -5.3
TMFG Motley Fool Global Opportunities ETF 1.0 85 -67 3.3 -6.0
ERET iShares Environmentally Aware Real Estate ETF 1.0 30 -12 7.3 -2.0
BOTZ Global X Robotics & Artificial Intelligence ETF 1.0 69 -51 2.3 -7.0
IDRV iShares Self-driving EV & Tech ETF 1.0 47 -29 -0.5 -9.8
TINT ProShares Smart Materials ETF 0.9 58 -40 5.6 -3.7
DFNL Davis Select Financial ETF 0.9 63 -45 6.8 -2.5
CLOD Themes Cloud Computing ETF 0.9 35 -17 3.7 -5.6
DWLD Davis Select Worldwide ETF 0.9 63 -45 5.6 -3.7
FDNI First Trust Dow Jones International Internet ETF 0.9 65 -47 2.8 -6.5
LIT Global X Lithium & Battery Tech ETF 0.9 75 -57 10.2 +0.9
NVIR Horizon Kinetics Energy and Remediation ETF 0.9 85 -67 1.9 -7.4
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.9 70 -52 4.6 -4.7
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.9 46 -28 5.6 -3.7
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 0.9 18 0 7.9 -1.4
SEA U.S. Global Sea to Sky Cargo ETF 0.9 60 -42 24.1 +14.8
SUPL ProShares Supply Chain Logistics ETF 0.9 58 -40 13.1 +3.8
FFTY Innovator IBD 50 ETF 0.8 80 -62 0.1 -9.2
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.8 70 -52 6.3 -3.0
AZTD Aztlan Global Stock Selection DM SMID ETF 0.8 75 -57 6.6 -2.7
FLAX Franklin FTSE Asia Ex Japan ETF 0.8 19 -1 7.2 -2.1
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.8 75 -57 5.2 -4.1
BUYZ Franklin Disruptive Commerce ETF 0.7 50 -32 2.1 -7.2
RWX SPDR Dow Jones International Real Estate ETF 0.7 59 -41 7.2 -2.1
AVRE Avantis Real Estate ETF 0.7 17 1 6.6 -2.7
RNEM First Trust Emerging Markets Equity Select ETF 0.7 75 -57 8.2 -1.1
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.7 39 -21 -3.5 -12.8
GTEK Goldman Sachs Future Tech Leaders Equity ETF 0.7 75 -57 3.2 -6.1
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.7 79 -61 5.1 -4.2
BTEK Future Tech ETF 0.7 88 -70 2.1 -7.2
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 0.6 58 -40 9.1 -0.2
GQRE FlexShares Global Quality Real Estate Index Fund 0.6 45 -27 6.9 -2.4
BLDG Cambria Global Real Estate ETF 0.6 60 -42 9.4 +0.1
FPXI First Trust International Equity Opportunities ETF 0.6 70 -52 3.6 -5.7
CRUZ Defiance Hotel Airline and Cruise ETF 0.6 45 -27 -4.9 -14.2
JETS U.S. Global Jets ETF 0.6 60 -42 -15.6 -24.9
EDEN iShares MSCI Denmark ETF 0.6 53 -35 6.2 -3.1
BOAT SonicShares Global Shipping ETF 0.6 69 -51 29.1 +19.8
IGPT Invesco AI and Next Gen Software ETF 0.6 60 -42 3.8 -5.5
BJK VanEck Gaming ETF 0.6 65 -47 1.8 -7.5
ESPO VanEck Video Gaming and eSports ETF 0.6 56 -38 4.5 -4.8
GGME Invesco Next Gen Media and Gaming ETF 0.6 60 -42 4.1 -5.2
ODDS Pacer BlueStar Digital Entertainment ETF 0.6 60 -42 3.0 -6.3
CHAT Roundhill Generative AI & Technology ETF 0.6 75 -57 4.2 -5.1
EFNL iShares MSCI Finland ETF 0.5 56 -38 8.0 -1.3
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.5 75 -57 4.7 -4.6
REET iShares Global REIT ETF 0.5 14 4 7.1 -2.2
RWO SPDR Dow Jones Global Real Estate ETF 0.5 50 -32 6.9 -2.4
AGNG Global X Aging Population ETF 0.5 50 -32 4.1 -5.2
DFGR Dimensional Global Real Estate ETF 0.5 22 -4 7.1 -2.2
GVLU Gotham 1000 Value ETF 0.5 50 -32 7.4 -1.9
SCHC Schwab International Small-Cap Equity ETF 0.5 11 7 6.4 -2.9
AIA iShares Asia 50 ETF 0.4 50 -32 6.9 -2.4
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.3 50 -32 10.5 +1.2
SCJ iShares MSCI Japan Small-Cap ETF 0.3 50 -32 6.4 -2.9
ECLN First Trust EIP Carbon Impact ETF 0.3 96 -78 5.3 -4.0
EMLP First Trust North American Energy Infrastructure Fund 0.3 95 -77 5.4 -3.9
ISCF iShares International SmallCap Equity Factor ETF 0.3 23 -5 8.8 -0.5
FMIL Fidelity New Millennium ETF 0.3 59 -41 4.3 -5.0
IEUS iShares MSCI Europe Small-Cap ETF 0.3 42 -24 0.0 -9.3
DFIS Dimensional International Small Cap ETF 0.3 39 -21 6.7 -2.6
EMGF iShares Emerging Markets Equity Factor ETF 0.3 25 -7 8.7 -0.6
SCZ iShares MSCI EAFE Small-Cap ETF 0.3 40 -22 0.0 -9.3
FNDC Schwab Fundamental International Small Co. Index ETF 0.2 39 -21 6.9 -2.4
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.2 15 3 7.1 -2.2
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 7 11 6.5 -2.8
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 -31 6.7 -2.6
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.1 36 -18 7.5 -1.8
BKEM BNY Mellon Emerging Markets Equity ETF 0.1 11 7 7.7 -1.6
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.1 59 -41 9.6 +0.3
ROOF IQ CBRE NextGen Real Estate ETF 0.1 60 -42 7.9 -1.4
JRE Janus Henderson U.S. Real Estate ETF 0.1 65 -47 6.4 -2.9
NANC Unusual Whales Subversive Democratic Trading ETF 0.1 75 -57 3.8 -5.5
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 0.1 40 -22 7.1 -2.2
KRUZ Unusual Whales Subversive Republican Trading ETF 0.0 75 -57 4.9 -4.4
SPEM SPDR Portfolio Emerging Markets ETF 0.0 7 11 7.5 -1.8

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:

OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 10.7 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 18 bp
Equals: ALTAR Score 9.3 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.47 CATEGORY
AVERAGE		 1.51
 
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.