First Trust Japan AlphaDEX Fund
ALTAR
Score™		 10.3% info Recommen-
dation		 SPECULATIVE
2024E    2025E
P/E
ratio		 9.9x P/Sales
ratio		 0.4x
P/BV
ratio		 0.8x Div.
yield		 3.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
First Trust Japan AlphaDEX Fund seeks investment results that correspond to the Defined Japan Index.

FUND BASICS
Category International Equities
Fund Sponsor First Trust Advisors LP
Website www.ftportfolios.com
Inception date Apr 18, 2011
Assets (mns) $192
Currency USD
Expense ratio 80 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Brown Brothers Harriman & Co
Weighting Tiered
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 102
Wgt avg mkt cap (mns) $15,342
Large cap (>$10bn) 41.3%
Mid cap ($2-10bn) 57.9%
Small cap (<$2bn) 0.7%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
MITSUBISHI HEAVY INDUSTRIES 2.4 %
MIZUHO FINANCIAL GROUP INC 1.9 %
PANASONIC CORP 1.9 %
MITSUI OSK LINES LTD 1.9 %
ASICS CORP 1.9 %
OBAYASHI CORP 1.8 %
NIPPON YUSEN 1.8 %
KAWASAKI HEAVY INDUSTRIES 1.8 %
FUJIKURA LTD 1.8 %
MITSUBISHI MOTORS CORP 1.7 %
Total 18.9 %

TOP COUNTRY EXPOSURE
JAPAN 97.3 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
3.9% 11.3% 3.2% 2.9% 3.3%

Market Correlations
versus... Beta R-squared
S&P500 0.72 58%
MSCI EAFE 0.82 78%
MSCI Emg. Mkts. 0.77 67%

Technical Indicators
Recent close $51.81
30d moving avg. $52.81
Annualized volatility 16.4%
Short interest (ETF) 0.2%
Relative strength (RSI) 48

Liquidity measures
Avg. volume (thou.) 11
Turnover 0.3%
Bid/Ask (% of price) 0.67%
ADV underlying (mns) $19,681

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 279 potential alternatives to the First Trust Japan AlphaDEX Fund ETF based on the alternatives' overlap in portfolio holdings with FJP. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FJP Expense: 80 bp ALTAR Score™: 10.3%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FJP
Ticker Fund
Name		 Overlap1
vs FJP
(%)		 Expense
ratio
(bp)		 Savings
vs FJP
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs FJP
(%)
EWJV iShares MSCI Japan Value ETF 36.9 15 65 10.2 -0.1
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 36.3 25 55 8.6 -1.7
DXJ WisdomTree Japan Hedged Equity Fund 31.2 48 32 8.5 -1.8
JPXN iShares JPX-Nikkei 400 ETF 31.2 48 32 8.7 -1.6
BBJP JPMorgan BetaBuilders Japan ETF 29.1 19 61 7.8 -2.5
EWJ iShares MSCI Japan ETF 29.0 50 30 8.0 -2.3
DBJP Xtrackers MSCI Japan Hedged Equity ETF 28.8 47 33 7.4 -2.9
FLJP Franklin FTSE Japan ETF 27.7 9 71 7.8 -2.5
FLJH Franklin FTSE Japan Hedged ETF 27.5 9 71 7.7 -2.6
FDT First Trust Developed Markets ex-US AlphaDEX Fund 21.8 80 0 9.1 -1.2
IPAC iShares Core MSCI Pacific ETF 19.7 9 71 7.2 -3.1
VPL Vanguard FTSE Pacific ETF 17.7 8 72 7.7 -2.6
IDMO Invesco S&P International Developed Momentum ETF 14.9 25 55 5.9 -4.4
IVLU iShares MSCI Intl Value Factor ETF 14.9 30 50 11.4 +1.1
UIVM VictoryShares International Value Momentum ETF 14.5 35 45 11.0 +0.7
ICOW Pacer Developed Markets International Cash Cows 100 ETF 12.8 65 15 12.8 +2.5
IQIN IQ 500 International ETF 12.3 25 55 9.2 -1.1
DFIV Dimensional International Value ETF 12.3 27 53 10.0 -0.3
EFV iShares MSCI EAFE Value ETF 12.1 34 46 9.4 -0.9
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 12.1 24 56 8.7 -1.6
FNDF Schwab Fundamental International Large Co. Index ETF 11.4 25 55 9.9 -0.4
JHMD John Hancock Multifactor Developed International ETF 11.3 39 41 7.8 -2.5
EFAV iShares MSCI EAFE Min Vol Factor ETF 11.1 22 58 6.6 -3.7
JPIN J.P. Morgan Diversified Return International Equity ETF 11.0 37 43 8.9 -1.4
IVAL Alpha Architect International Quantitative Value ETF 10.9 49 31 9.5 -0.8
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 10.8 45 35 8.9 -1.4
SCJ iShares MSCI Japan Small-Cap ETF 10.5 50 30 7.0 -3.3
FIVA Fidelity International Value Factor ETF 10.3 18 62 10.2 -0.1
FENI Fidelity Enhanced International ETF 10.1 28 52 8.1 -2.3
IMTM iShares MSCI Intl Momentum Factor ETF 10.0 30 50 6.3 -4.0
DIM WisdomTree International MidCap Dividend Fund 9.7 58 22 7.7 -2.6
RODM Hartford Multifactor Developed Markets (ex-US) ETF 9.7 29 51 8.6 -1.7
QEFA SPDR MSCI EAFE StrategicFactors ETF 9.6 30 50 7.3 -3.0
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 9.4 39 41 7.5 -2.8
INTF iShares International Equity Factor ETF 9.4 15 65 8.2 -2.1
ESGD iShares ESG Aware MSCI EAFE ETF 9.4 20 60 6.9 -3.4
GSIE Goldman Sachs ActiveBeta International Equity ETF 9.2 25 55 7.2 -3.1
GSID Goldman Sachs MarketBeta International Equity ETF 9.2 20 60 7.0 -3.3
CEFA Global X S&P Catholic Values Developed ex-US ETF 9.2 35 45 6.6 -3.7
FDEV Fidelity International Multifactor ETF 9.2 18 62 7.8 -2.5
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 8.9 32 48 6.0 -4.3
EFA iShares MSCI EAFE ETF 8.9 35 45 6.9 -3.4
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 8.9 14 66 6.2 -4.1
RODE Hartford Multifactor Diversified International ETF 8.8 29 51 11.8 +1.5
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 8.8 20 60 6.5 -3.8
FYLD Cambria Foreign Shareholder Yield ETF 8.7 59 21 13.6 +3.3
IMOM Alpha Architect International Quantitative Momentum ETF 8.7 49 31 5.7 -4.6
IQSI IQ Candriam International Equity ETF 8.6 15 65 6.6 -3.7
IGRO iShares International Dividend Growth ETF 8.6 15 65 7.5 -2.8
HFXI IQ FTSE International Equity Currency Neutral ETF 8.6 20 60 7.1 -3.2
DWMF WisdomTree International Multifactor Fund 8.4 38 42 7.4 -2.9
IEFA iShares Core MSCI EAFE ETF 8.3 7 73 7.1 -3.2
BKIE BNY Mellon International Equity ETF 8.3 4 76 7.1 -3.2
JHID John Hancock International High Dividend ETF 8.2 46 34 11.3 +1.0
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 8.1 36 44 6.6 -3.7
AVIV Avantis International Large Cap Value ETF 8.1 25 55 9.0 -1.4
FIDI Fidelity International High Dividend ETF 7.9 18 62 10.9 +0.6
QINT American Century Quality Diversified International ETF 7.9 39 41 7.7 -2.6
DMXF iShares ESG Advanced MSCI EAFE ETF 7.7 12 68 5.5 -4.8
VYMI Vanguard International High Dividend Yield ETF 7.7 22 58 9.8 -0.5
NUDM Nuveen ESG International Developed Markets Equity ETF 7.7 31 49 6.7 -3.6
SPDW SPDR Portfolio Developed World ex-US ETF 7.7 3 77 7.2 -3.1
PATN Pacer Nasdaq International Patent Leaders ETF 7.7 65 15 6.5 -3.8
CIL VictoryShares International Volatility Wtd ETF 7.5 45 35 7.0 -3.3
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 7.5 51 29 7.1 -3.2
IDEV iShares Core MSCI International Developed Markets ETF 7.4 4 76 7.1 -3.2
TPIF Timothy Plan International ETF 7.4 62 18 6.8 -3.5
SCHF Schwab International Equity ETF 7.4 6 74 7.5 -2.8
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 7.3 20 60 6.9 -3.4
JIRE JPMorgan International Research Enhanced Equity ETF 7.3 24 56 7.1 -3.2
DFAI Dimensional International Core Equity Market ETF 7.2 18 62 7.3 -3.0
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 7.2 40 40 7.9 -2.4
IPKW Invesco International BuyBack Achievers ETF 7.2 55 25 11.0 +0.7
KNO AXS Knowledge Leaders ETF 7.2 78 2 4.9 -5.4
DWM WisdomTree International Equity Fund 7.2 48 32 8.0 -2.4
VEA Vanguard FTSE Developed Markets ETF 7.0 5 75 7.3 -3.0
DIVI Franklin International Core Dividend Tilt Index ETF 7.0 9 71 8.1 -2.2
STXI Strive International Developed Markets ETF 7.0 29 51 6.9 -3.4
RFDI First Trust Riverfront Dynamic Developed International ETF 6.9 83 -3 10.0 -0.3
AVDE Avantis International Equity ETF 6.8 23 57 8.1 -2.3
DOL WisdomTree International LargeCap Dividend Fund 6.7 48 32 7.9 -2.4
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 6.2 80 0 3.2 -7.1
DFIC Dimensional International Core Equity 2 ETF 6.2 23 57 7.7 -2.6
DIHP Dimensional International High Profitability ETF 6.1 29 51 7.6 -2.7
CWI SPDR MSCI ACWI ex-US ETF 5.9 30 50 6.9 -3.4
GXUS Goldman Sachs MarketBeta Total International Equity ETF 5.9 18 62 7.0 -3.3
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 5.8 12 68 5.9 -4.5
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 5.8 68 12 8.2 -2.1
VIGI Vanguard International Dividend Appreciation ETF 5.8 15 65 6.4 -3.9
VEU Vanguard FTSE All-World ex-US Index Fund 5.6 8 72 7.3 -3.1
ACWX iShares MSCI ACWI ex U.S. ETF 5.6 34 46 7.0 -3.4
AIVI WisdomTree International AI Enhanced Value Fund 5.6 58 22 8.5 -1.8
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 5.5 39 41 7.4 -2.9
WLDR Affinity World Leaders Equity ETF 5.3 67 13 8.1 -2.2
DTAN Sparkline International Intangible Value ETF 5.3 55 25 9.2 -1.2
AVSD Avantis Responsible International Equity ETF 5.2 23 57 7.1 -3.2
WBAT WisdomTree Battery Value Chain and Innovation Fund 5.2 45 35 -0.6 -10.9
VXUS Vanguard Total International Stock ETF 5.1 7 73 7.2 -3.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 5.1 41 39 7.4 -2.9
IXUS iShares Core MSCI Total International Stock ETF 5.0 7 73 7.2 -3.1
VSGX Vanguard ESG International Stock ETF 4.9 12 68 6.8 -3.5
FID First Trust S&P International Dividend Aristocrats ETF 4.8 60 20 9.0 -1.3
IXG iShares Global Financials ETF 4.7 42 38 6.2 -4.1
IQLT iShares MSCI Intl Quality Factor ETF 4.7 30 50 6.2 -4.1
SEA U.S. Global Sea to Sky Cargo ETF 4.7 60 20 21.5 +11.2
DFSI Dimensional International Sustainability Core 1 ETF 4.7 24 56 6.5 -3.8
DGT SPDR Global Dow ETF 4.7 50 30 6.8 -3.5
CLNR IQ Cleaner Transport ETF 4.6 45 35 6.8 -3.5
BINV Brandes International ETF 4.6 70 10 8.5 -1.8
EQIN Columbia US Equity Income ETF 4.5 35 45 8.3 -2.0
DMDV AAM S&P Developed Markets High Dividend Value ETF 4.4 39 41 12.1 +1.8
EFG iShares MSCI EAFE Growth ETF 4.4 36 44 4.5 -5.8
DFAX Dimensional World ex U.S. Core Equity 2 ETF 4.3 30 50 8.0 -2.3
EXI iShares Global Industrials ETF 4.2 42 38 4.5 -5.8
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 4.1 65 15 4.3 -6.0
WDIV SPDR S&P Global Dividend ETF 4.0 40 40 9.4 -0.9
VWID Virtus WMC International Dividend ETF 4.0 49 31 9.6 -0.7
EFAD ProShares MSCI EAFE Dividend Growers ETF 4.0 50 30 5.3 -5.0
DSTX Distillate International Fundamental Stability & Value ETF 3.9 55 25 8.0 -2.3
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 3.8 80 0 5.6 -4.7
SCZ iShares MSCI EAFE Small-Cap ETF 3.7 40 40 6.6 -3.7
WRND IQ Global Equity R&D Leaders ETF 3.6 18 62 7.5 -2.8
ACWV iShares MSCI Global Min Vol Factor ETF 3.6 20 60 6.3 -4.0
IQDE FlexShares International Quality Dividend Defensive Index ET 3.5 47 33 14.8 +4.5
IPAV Global X Infrastructure Development ex-U.S. ETF 3.4 55 25 9.7 -0.6
IMFL Invesco International Developed Dynamic Multifactor ETF 3.4 34 46 5.9 -4.4
DRIV Global X Autonomous & Electric Vehicles ETF 3.3 68 12 4.8 -5.5
DWX SPDR S&P International Dividend ETF 3.2 45 35 6.5 -3.8
LVHI Franklin International Low Volatility High Dividend Index ET 3.2 40 40 10.1 -0.2
IQDF FlexShares International Quality Dividend Index Fund 3.2 47 33 12.9 +2.6
CRAK VanEck Oil Refiners ETF 3.1 61 19 14.7 +4.4
BNE Blue Horizon BNE ETF 3.1 87 -7 4.6 -5.7
URA Global X Uranium ETF 3.1 69 11 2.4 -7.9
GLOF iShares Global Equity Factor ETF 3.1 20 60 7.0 -3.3
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 2.9 25 55 5.6 -4.7
EV Mast Global Battery Recycling & Production ETF 2.9 65 15 12.2 +1.9
QWLD SPDR MSCI World StrategicFactors ETF 2.9 30 50 5.9 -4.4
RXI iShares Global Consumer Discretionary ETF 2.8 41 39 5.4 -5.0
BIGFX Baron International Growth Retail 2.8 75 5 3.1 -7.2
QTUM Defiance Quantum ETF 2.7 40 40 3.6 -6.7
CGIE Capital Group International Equity ETF 2.7 54 26 4.9 -5.4
CARZ First Trust NASDAQ Global Auto Index Fund 2.7 70 10 3.8 -6.5
GCOW Pacer Global Cash Cows Dividend ETF 2.7 60 20 12.5 +2.2
PICK iShares MSCI Global Metals & Mining Producers ETF 2.6 39 41 12.8 +2.5
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 2.6 9 71 9.9 -0.4
AZTD Aztlan Global Stock Selection DM SMID ETF 2.5 75 5 7.8 -2.5
IDHQ Invesco S&P International Developed High Quality ETF 2.5 29 51 6.5 -3.8
LNGG Roundhill Alerian LNG ETF 2.4 65 15 9.1 -1.2
SDG iShares MSCI Global Sustainable Development Goals ETF 2.3 49 31 5.6 -4.7
SHPP Pacer Industrials and Logistics ETF 2.3 60 20 9.9 -0.4
AVDV Avantis International Small Cap Value ETF 2.3 36 44 8.1 -2.2
WWJD Inspire International ETF 2.3 80 0 7.3 -3.0
LIT Global X Lithium & Battery Tech ETF 2.2 75 5 9.1 -1.2
DTH WisdomTree International High Dividend Fund 2.2 58 22 10.1 -0.2
BOAT SonicShares Global Shipping ETF 2.2 69 11 34.8 +24.5
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 2.2 45 35 5.7 -4.6
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 2.2 47 33 5.5 -4.9
URTH iShares MSCI World ETF 2.1 24 56 5.2 -5.1
CGDG Capital Group Dividend Growers ETF 2.1 47 33 6.6 -3.7
ESGG FlexShares STOXX Global ESG Select Index Fund 2.1 42 38 5.1 -5.2
JXI iShares Global Utilities ETF 2.1 43 37 5.9 -4.4
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.1 47 33 9.4 -0.9
KLMT Invesco MSCI Global Climate 500 ETF 2.0 10 70 5.4 -4.9
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 2.0 58 22 6.4 -3.9
FDVV Fidelity High Dividend ETF 2.0 15 65 8.7 -1.6
IQDG WisdomTree International Quality Dividend Growth Fund 2.0 42 38 6.8 -3.5
SCHY Schwab International Dividend Equity ETF 2.0 14 66 9.3 -1.0
NXTG First Trust Indxx NextG ETF 2.0 70 10 6.2 -4.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 2.0 9 71 5.4 -5.0
CCNR ALPS CoreCommodity Natural Resources ETF 1.9 39 41 11.0 +0.7
RAYD Rayliant Quantitative Developed Market Equity ETF 1.9 80 0 3.8 -6.5
RGEF Rockefeller Global Equity ETF 1.9 55 25 5.0 -5.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.9 20 60 5.2 -5.2
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.9 72 8 1.0 -9.3
ACWI iShares MSCI ACWI ETF 1.9 32 48 5.3 -5.0
JIG JPMorgan International Growth ETF 1.9 55 25 4.6 -5.7
VT Vanguard Total World Stock ETF 1.8 7 73 5.5 -4.8
BTEK Future Tech ETF 1.8 88 -8 2.3 -8.0
GLBL Pacer MSCI World Industry Advantage ETF 1.7 65 15 4.7 -5.6
UMMA Wahed Dow Jones Islamic World ETF 1.7 65 15 4.6 -5.7
IBAT iShares Energy Storage & Materials ETF 1.6 47 33 3.1 -7.2
WOOD iShares Global Timber & Forestry ETF 1.6 42 38 9.8 -0.5
AGQI First Trust Active Global Quality Income ETF 1.6 85 -5 5.9 -4.4
OCEN IQ Clean Oceans ETF 1.6 45 35 6.1 -4.2
ICLN iShares Global Clean Energy ETF 1.5 41 39 6.0 -4.3
MXI iShares Global Materials ETF 1.5 41 39 7.0 -3.3
FTRI First Trust Indxx Global Natural Resources Income ETF 1.5 70 10 9.8 -0.5
HAP VanEck Natural Resources ETF 1.4 50 30 10.0 -0.3
FPXI First Trust International Equity Opportunities ETF 1.4 70 10 4.9 -5.4
GDVD R3 Global Dividend Growth ETF 1.4 88 -8 5.5 -4.8
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.4 12 68 4.8 -5.5
FNDC Schwab Fundamental International Small Co. Index ETF 1.3 39 41 7.2 -3.1
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 1.3 68 12 2.1 -8.2
FIXT Procure Disaster Recovery Strategy ETF 1.3 75 5 5.8 -4.5
FILL iShares MSCI Global Energy Producers ETF 1.3 39 41 9.6 -0.7
CID VictoryShares International High Div Volatility Wtd ETF 1.3 45 35 11.9 +1.6
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.3 65 15 0.2 -10.1
KOCG FIS Knights of Columbus Global Belief ETF 1.3 75 5 5.0 -5.3
EFAS Global X MSCI SuperDividend EAFE ETF 1.3 57 23 10.3 -0.1
IDOG ALPS International Sector Dividend Dogs ETF 1.3 50 30 12.8 +2.5
BLES Inspire Global Hope ETF 1.2 61 19 6.4 -3.9
URAN Themes Uranium & Nuclear ETF 1.1 35 45 1.9 -8.4
MOTI VanEck Morningstar International Moat ETF 1.1 58 22 5.9 -4.4
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.1 58 22 4.6 -5.7
IDNA iShares Genomics Immunology and Healthcare ETF 1.1 47 33 -4.3 -14.6
IQRA IQ CBRE Real Assets ETF 1.1 65 15 5.2 -5.1
IXC iShares Global Energy ETF 1.0 44 36 8.7 -1.6
SUPL ProShares Supply Chain Logistics ETF 1.0 58 22 14.2 +3.9
IXJ iShares Global Healthcare ETF 1.0 42 38 6.5 -3.8
IXP iShares Global Comm Services ETF 1.0 42 38 5.1 -5.3
ROBO ROBO Global Robotics & Automation Index ETF 0.9 95 -15 3.5 -6.8
BOTT Themes Robotics & Automation ETF 0.9 35 45 4.7 -5.6
CUT Invesco MSCI Global Timber ETF 0.9 61 19 8.4 -1.9
GINN Goldman Sachs Innovate Equity ETF 0.9 52 28 2.8 -7.6
AIQ Global X Artificial Intelligence & Technology ETF 0.9 68 12 4.0 -6.3
BNGE First Trust S-Network Streaming and Gaming ETF 0.8 70 10 -3.5 -13.8
ESPO VanEck Video Gaming and eSports ETF 0.8 56 24 3.5 -6.8
HERO Global X Video Games & Esports ETF 0.8 50 30 4.4 -5.9
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.8 75 5 4.6 -5.8
NERD Roundhill Video Games ETF 0.8 50 30 7.1 -3.2
ODDS Pacer BlueStar Digital Entertainment ETF 0.8 60 20 2.3 -8.0
FDRR Fidelity Dividend ETF for Rising Rates 0.8 15 65 7.4 -2.9
GNR SPDR S&P Global Natural Resources ETF 0.8 40 40 9.7 -0.6
IDLV Invesco S&P International Developed Low Volatility ETF 0.8 25 55 6.2 -4.1
ERTH Invesco MSCI Sustainable Future ETF 0.8 62 18 3.6 -6.7
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.8 12 68 8.3 -2.0
KNCT Invesco Next Gen Connectivity ETF 0.8 40 40 5.6 -4.7
TEMP JPMorgan Climate Change Solutions ETF 0.7 49 31 5.5 -4.8
MINV Matthews Asia Innovators Active ETF 0.7 79 1 3.0 -7.3
FAN First Trust Global Wind Energy ETF 0.7 60 20 5.5 -4.8
IOO iShares Global 100 ETF 0.7 41 39 4.8 -5.5
OZEM Roundhill GLP-1 & Weight Loss ETF 0.7 59 21 -0.8 -11.1
DINT Davis Select International ETF 0.7 55 25 6.0 -4.3
DEW WisdomTree Global High Dividend Fund 0.7 58 22 8.5 -1.8
NTZG Nuveen Global Net Zero Transition ETF 0.7 56 24 4.7 -5.6
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.7 80 0 10.8 +0.5
EFRA iShares Environmental Infrastructure and Industrials ETF 0.7 47 33 4.9 -5.4
ETEC iShares Breakthrough Environmental Solutions ETF 0.7 47 33 8.0 -2.3
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.7 46 34 4.9 -5.4
CRUZ Defiance Hotel Airline and Cruise ETF 0.7 45 35 -4.6 -14.9
JETS U.S. Global Jets ETF 0.7 60 20 -13.3 -23.6
AIRL Themes Airlines ETF 0.7 35 45 -16.7 -27.0
JSTC Adasina Social Justice All Cap Global ETF 0.7 89 -9 4.9 -5.4
HDRO Defiance Next Gen H2 ETF 0.6 30 50 -21.5 -31.8
THNR Amplify Weight Loss Drug & Treatment ETF 0.6 59 21 5.2 -5.1
XT iShares Exponential Technologies ETF 0.6 46 34 4.8 -5.5
ANEW ProShares MSCI Transformational Changes ETF 0.6 45 35 3.6 -6.8
STCE Schwab Crypto Thematic ETF 0.6 30 50 -1.6 -11.9
BKCH Global X Blockchain ETF 0.6 50 30 -2.8 -13.1
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 0.6 61 19 1.2 -9.1
SATO Invesco Alerian Galaxy Crypto Economy ETF 0.6 61 19 -2.4 -12.7
BLOK Amplify Transformational Data Sharing ETF 0.6 75 5 0.0 -10.3
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.6 49 31 7.0 -3.3
IXN iShares Global Tech ETF 0.5 41 39 4.5 -5.8
GGME Invesco Next Gen Media and Gaming ETF 0.5 60 20 3.5 -6.8
HART IQ Healthy Hearts ETF 0.5 45 35 5.0 -5.3
CGGO Capital Group Global Growth Equity ETF 0.5 47 33 4.6 -5.7
ION ProShares S&P Global Core Battery Metals ETF 0.5 58 22 15.5 +5.2
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.5 42 38 8.1 -2.2
CRTC Xtrackers US National Critical Technologies ETF 0.4 35 45 5.1 -5.2
CZAR Themes Natural Monopoly ETF 0.4 35 45 6.3 -4.0
DLS WisdomTree International SmallCap Dividend Fund 0.4 58 22 8.8 -1.5
BATT Amplify Lithium & Battery Technology ETF 0.3 59 21 -0.1 -10.4
IQM Franklin Intelligent Machines ETF 0.3 50 30 3.2 -7.1
ARKX ARK Space Exploration & Innovation ETF 0.3 75 5 2.4 -7.9
FTAG First Trust Indxx Global Agriculture ETF 0.3 70 10 9.7 -0.6
MOO VanEck Agribusiness ETF 0.3 53 27 9.7 -0.6
MOTG VanEck Morningstar Global Wide Moat ETF 0.3 52 28 5.6 -4.7
KROP Global X AgTech & Food Innovation ETF 0.3 50 30 4.7 -5.6
IVEG iShares Emergent Food and AgTech Multisector ETF 0.3 47 33 8.0 -2.3
VEGI iShares MSCI Agriculture Producers ETF 0.3 39 41 9.2 -1.1
EATV VegTech Plant-based Innovation & Climate ETF 0.3 75 5 2.1 -8.2
CGXU Capital Group International Focus Equity ETF 0.3 54 26 4.9 -5.5
CANC Tema Oncology ETF 0.3 75 5 -3.6 -13.9
JGLO JPMorgan Global Select Equity ETF 0.3 33 47 4.5 -5.8
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.3 46 34 9.3 -1.0
BULD Pacer BlueStar Engineering the Future ETF 0.2 60 20 1.7 -8.6
VIDI Vident International Equity Strategy ETF 0.2 61 19 10.2 -0.1
IBLC iShares Blockchain and Tech ETF 0.1 47 33 -1.7 -12.0

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:		 First Trust Japan AlphaDEX Fund
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 8.3 %
Divided by: Fwd. P/BV 0.7 x
Less: Expense ratio 80 bp
Equals: ALTAR Score 10.3 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.66 CATEGORY
AVERAGE		 1.60
 
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.