Franklin FTSE Canada ETF
ALTAR
Score™		 7.2% info Recommen-
dation		 NEUTRAL
2024E    2025E
P/E
ratio		 13.9x P/Sales
ratio		 2.2x
P/BV
ratio		 1.8x Div.
yield		 3.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Franklin FTSE Canada ETF tracks a market-cap-weighted index of large- and midcap Canadian stocks.

FUND BASICS
Category International Equities
Fund Sponsor Franklin Templeton
Website www.libertyshares.com
Inception date Nov 02, 2017
Assets (mns) $400
Currency USD
Expense ratio 9 bp
Distributions Semi-annual

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 53
Wgt avg mkt cap (mns) $62,267
Large cap (>$10bn) 99.3%
Mid cap ($2-10bn) 0.7%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ROYAL BANK OF CANADA 8.0 %
TORONTO-DOMINION BANK 6.4 %
SHOPIFY, INC. CLASS A 5.2 %
CANADIAN PACIFIC RAILWAY LTD 4.7 %
CANADIAN NATURAL RESOURCES 4.5 %
CANADIAN NATL RAILWAY CO 4.5 %
ENBRIDGE INC 4.3 %
BANK OF MONTREAL 3.8 %
BANK OF NOVA SCOTIA 3.4 %
CONSTELLATION SOFTWARE INC 3.3 %
Total 48.1 %

TOP COUNTRY EXPOSURE
CANADA 97.9 %










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.
0.6% 11.4% 9.2% -- 7.3%

Market Correlations
versus... Beta R-squared
S&P500 0.92 78%
MSCI EAFE 0.99 83%
MSCI Emg. Mkts. 0.74 49%

Technical Indicators
Recent close $33.92
30d moving avg. $31.24
Annualized volatility 18.6%
Short interest (ETF) 0.1%
Relative strength (RSI) 64

Liquidity measures
Avg. volume (thou.) 15
Turnover 0.1%
Bid/Ask (% of price) 0.13%
ADV underlying (mns) $5,431

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 229 potential alternatives to the Franklin FTSE Canada ETF ETF based on the alternatives' overlap in portfolio holdings with FLCA. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FLCA Expense: 9 bp ALTAR Score™: 7.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FLCA
Ticker Fund
Name		 Overlap1
vs FLCA
(%)		 Expense
ratio
(bp)		 Savings
vs FLCA
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs FLCA
(%)
BBCA JPMorgan BetaBuilders Canada ETF 84.8 19 -10 7.0 -0.2
EWC iShares MSCI Canada ETF 72.2 50 -41 6.9 -0.4
PID Invesco International Dividend Achievers ETF 18.1 53 -44 6.7 -0.5
IGRO iShares International Dividend Growth ETF 17.6 15 -6 7.1 -0.2
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 16.0 47 -38 5.9 -1.3
NANR SPDR S&P North American Natural Resources ETF 13.7 35 -26 6.6 -0.6
IDLV Invesco S&P International Developed Low Volatility ETF 12.5 25 -16 5.8 -1.4
VIGI Vanguard International Dividend Appreciation ETF 12.1 15 -6 5.6 -1.7
FID First Trust S&P International Dividend Aristocrats ETF 12.1 60 -51 9.8 +2.6
FIDI Fidelity International High Dividend ETF 11.2 18 -9 10.1 +2.9
IXC iShares Global Energy ETF 10.9 44 -35 8.2 +1.0
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 10.4 51 -42 6.8 -0.4
CIL VictoryShares International Volatility Wtd ETF 10.4 45 -36 6.9 -0.4
WDIV SPDR S&P Global Dividend ETF 10.2 40 -31 10.2 +3.0
UMMA Wahed Dow Jones Islamic World ETF 10.2 65 -56 4.3 -3.0
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 9.6 42 -33 6.8 -0.4
GNR SPDR S&P Global Natural Resources ETF 9.5 40 -31 9.2 +1.9
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 9.5 46 -37 5.6 -1.7
RODM Hartford Multifactor Developed Markets (ex-US) ETF 9.4 29 -20 8.8 +1.5
IPKW Invesco International BuyBack Achievers ETF 9.3 55 -46 9.1 +1.8
AVIV Avantis International Large Cap Value ETF 9.3 25 -16 8.9 +1.7
FIVA Fidelity International Value Factor ETF 9.3 18 -9 9.3 +2.1
SHPP Pacer Industrials and Logistics ETF 9.1 60 -51 8.9 +1.6
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 8.7 20 -11 6.9 -0.3
GSIE Goldman Sachs ActiveBeta International Equity ETF 8.5 25 -16 7.4 +0.2
BKIE BNY Mellon International Equity ETF 8.4 4 5 6.9 -0.4
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 8.3 46 -37 8.8 +1.6
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 8.1 32 -23 6.7 -0.6
SCHF Schwab International Equity ETF 8.0 6 3 7.0 -0.2
ENFR Alerian Energy Infrastructure ETF 7.8 35 -26 4.8 -2.4
USAI Pacer American Energy Independence ETF 7.8 75 -66 4.1 -3.1
UMI USCF Midstream Energy Income Fund ETF 7.8 85 -76 4.5 -2.8
TPIF Timothy Plan International ETF 7.8 62 -53 6.7 -0.5
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 7.7 45 -36 8.5 +1.2
FTWO Strive FAANG 2.0 ETF 7.5 49 -40 4.7 -2.5
GLIF AGF Global Infrastructure ETF 7.4 45 -36 5.5 -1.8
VYMI Vanguard International High Dividend Yield ETF 7.4 22 -13 9.7 +2.5
TTAI FCF International Quality ETF 7.3 59 -50 7.4 +0.1
IGF iShares Global Infrastructure ETF 7.3 41 -32 5.0 -2.3
GII SPDR S&P Global Infrastructure ETF 7.3 40 -31 5.0 -2.3
WWJD Inspire International ETF 7.1 80 -71 7.1 -0.1
SXUS Janus Henderson International Sustainable Equity ETF 7.0 60 -51 4.6 -2.7
VEA Vanguard FTSE Developed Markets ETF 6.9 5 4 7.0 -0.3
FICS First Trust International Developed Capital Strength ETF 6.9 70 -61 6.1 -1.1
IDEV iShares Core MSCI International Developed Markets ETF 6.7 4 5 6.7 -0.5
QINT American Century Quality Diversified International ETF 6.7 39 -30 7.4 +0.2
IVRA Invesco Real Assets ESG ETF 6.6 59 -50 7.1 -0.2
SPDW SPDR Portfolio Developed World ex-US ETF 6.6 3 6 6.9 -0.3
LVHI Franklin International Low Volatility High Dividend Index ET 6.5 40 -31 10.2 +2.9
FILL iShares MSCI Global Energy Producers ETF 6.5 39 -30 9.0 +1.8
VWID Virtus WMC International Dividend ETF 6.3 49 -40 9.4 +2.2
JIG JPMorgan International Growth ETF 6.3 55 -46 4.3 -2.9
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 6.2 80 -71 5.6 -1.6
TMFG Motley Fool Global Opportunities ETF 6.2 85 -76 3.3 -4.0
CWI SPDR MSCI ACWI ex-US ETF 6.2 30 -21 6.8 -0.4
FNDF Schwab Fundamental International Large Co. Index ETF 6.1 25 -16 9.1 +1.8
IDHQ Invesco S&P International Developed High Quality ETF 6.0 29 -20 5.8 -1.5
NDIV Amplify Natural Resources Dividend Income ETF 6.0 59 -50 9.7 +2.5
IQIN IQ 500 International ETF 6.0 25 -16 8.8 +1.6
SCHY Schwab International Dividend Equity ETF 5.9 14 -5 9.3 +2.0
FGD First Trust Dow Jones Global Select Dividend Index Fund 5.9 56 -47 13.9 +6.7
DWX SPDR S&P International Dividend ETF 5.9 45 -36 7.1 -0.1
AVDE Avantis International Equity ETF 5.8 23 -14 7.9 +0.6
IXG iShares Global Financials ETF 5.7 42 -33 6.8 -0.4
CID VictoryShares International High Div Volatility Wtd ETF 5.7 45 -36 9.5 +2.2
VEU Vanguard FTSE All-World ex-US Index Fund 5.7 8 1 7.2 -0.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 5.7 41 -32 6.7 -0.6
ACWX iShares MSCI ACWI ex U.S. ETF 5.6 34 -25 6.7 -0.6
BKCI BNY Mellon Concentrated International ETF 5.6 80 -71 5.2 -2.0
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 5.6 39 -30 7.3 +0.1
INTF iShares International Equity Factor ETF 5.6 15 -6 7.8 +0.6
ABEQ Absolute Select Value ETF 5.5 85 -76 4.7 -2.6
TPYP Tortoise North American Pipeline Fund 5.4 40 -31 5.3 -1.9
IQLT iShares MSCI Intl Quality Factor ETF 5.4 30 -21 5.7 -1.5
SPRX Spear Alpha ETF 5.4 75 -66 -0.5 -7.8
FDEV Fidelity International Multifactor ETF 5.3 18 -9 7.5 +0.3
ARKF ARK Fintech Innovation ETF 5.2 75 -66 -2.2 -9.5
BWEB Bitwise Web3 ETF 5.2 85 -76 0.9 -6.3
FDNI First Trust Dow Jones International Internet ETF 5.2 65 -56 2.8 -4.5
IQDY FlexShares International Quality Dividend Dynamic Index Fund 5.2 47 -38 10.3 +3.0
VXUS Vanguard Total International Stock ETF 5.1 7 2 7.1 -0.1
MXI iShares Global Materials ETF 5.0 41 -32 6.6 -0.6
ISZE iShares MSCI Intl Size Factor ETF 4.9 30 -21 6.6 -0.7
RODE Hartford Multifactor Diversified International ETF 4.8 29 -20 11.5 +4.3
IXUS iShares Core MSCI Total International Stock ETF 4.8 7 2 6.9 -0.3
IQDF FlexShares International Quality Dividend Index Fund 4.7 47 -38 10.7 +3.5
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 4.7 39 -30 7.6 +0.4
VSGX Vanguard ESG International Stock ETF 4.6 12 -3 6.8 -0.4
DSTX Distillate International Fundamental Stability & Value ETF 4.4 55 -46 8.0 +0.8
IQDE FlexShares International Quality Dividend Defensive Index ET 4.4 47 -38 10.7 +3.4
IQRA IQ CBRE Real Assets ETF 4.3 65 -56 5.9 -1.3
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 4.3 24 -15 8.6 +1.3
UDI USCF Dividend Income Fund 4.2 65 -56 7.4 +0.2
CGXU Capital Group International Focus Equity ETF 4.1 54 -45 4.1 -3.1
IDV iShares International Select Dividend ETF 4.1 51 -42 12.3 +5.1
DFAI Dimensional International Core Equity Market ETF 4.1 18 -9 6.9 -0.4
VIDI Vident International Equity Strategy ETF 4.0 61 -52 11.9 +4.7
DIVY Sound Equity Dividend Income ETF 3.7 45 -36 10.5 +3.2
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 3.5 20 -11 10.7 +3.5
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 3.5 25 -16 6.1 -1.2
BLES Inspire Global Hope ETF 3.4 61 -52 6.3 -0.9
RAYD Rayliant Quantitative Developed Market Equity ETF 3.3 80 -71 4.5 -2.7
TOLL Tema Monopolies and Oligopolies ETF 3.1 75 -66 2.6 -4.7
PNQI Invesco NASDAQ Internet ETF 3.1 60 -51 2.6 -4.6
ICOW Pacer Developed Markets International Cash Cows 100 ETF 3.1 65 -56 12.8 +5.6
ARKK ARK Innovation ETF 3.0 75 -66 -4.9 -12.2
DIHP Dimensional International High Profitability ETF 3.0 29 -20 6.9 -0.3
DFIV Dimensional International Value ETF 3.0 27 -18 9.8 +2.6
DEW WisdomTree Global High Dividend Fund 3.0 58 -49 9.1 +1.9
DFSI Dimensional International Sustainability Core 1 ETF 2.9 24 -15 6.2 -1.0
FYLD Cambria Foreign Shareholder Yield ETF 2.9 59 -50 12.0 +4.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 2.9 20 -11 5.6 -1.6
FPXI First Trust International Equity Opportunities ETF 2.8 70 -61 3.6 -3.6
BLLD JPMorgan Sustainable Infrastructure ETF 2.8 49 -40 6.2 -1.1
SGDM Sprott Gold Miners ETF 2.7 50 -41 5.9 -1.4
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 2.7 12 -3 5.1 -2.2
NVIR Horizon Kinetics Energy and Remediation ETF 2.7 85 -76 1.9 -5.3
IDMO Invesco S&P International Developed Momentum ETF 2.7 25 -16 7.0 -0.3
RING iShares MSCI Global Gold Miners ETF 2.7 39 -30 5.7 -1.5
INFL Horizon Kinetics Inflation Beneficiaries ETF 2.6 85 -76 4.9 -2.4
ICAP InfraCap Equity Income Fund ETF 2.6 171 -162 6.8 -0.4
KOKU Xtrackers MSCI Kokusai Equity ETF 2.6 9 0 5.5 -1.8
CGGO Capital Group Global Growth Equity ETF 2.6 47 -38 4.3 -2.9
DFIC Dimensional International Core Equity 2 ETF 2.5 23 -14 7.4 +0.2
CCSO Carbon Collective Climate Solutions US Equity ETF 2.5 35 -26 2.3 -4.9
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 2.5 55 -46 3.6 -3.6
GSFP Goldman Sachs Future Planet Equity ETF 2.4 75 -66 4.5 -2.7
FDT First Trust Developed Markets ex-US AlphaDEX Fund 2.4 80 -71 10.8 +3.5
IQM Franklin Intelligent Machines ETF 2.4 50 -41 3.1 -4.2
TOK iShares MSCI Kokusai ETF 2.4 26 -17 5.3 -2.0
QWLD SPDR MSCI World StrategicFactors ETF 2.4 30 -21 6.1 -1.2
VRAI Virtus Real Asset Income ETF 2.4 55 -46 8.6 +1.3
MDLV Morgan Dempsey Large Cap Value ETF 2.3 58 -49 8.6 +1.4
IMTM iShares MSCI Intl Momentum Factor ETF 2.3 30 -21 6.8 -0.4
URTH iShares MSCI World ETF 2.3 24 -15 5.4 -1.9
IVLU iShares MSCI Intl Value Factor ETF 2.3 30 -21 10.6 +3.4
HAP VanEck Natural Resources ETF 2.2 50 -41 9.5 +2.2
AOTG AOT Growth and Innovation ETF 2.2 75 -66 3.0 -4.2
GLOF iShares Global Equity Factor ETF 2.2 20 -11 7.1 -0.2
KOCG FIS Knights of Columbus Global Belief ETF 2.2 75 -66 5.3 -2.0
RVRB Reverb ETF 2.1 30 -21 5.0 -2.3
CVY Invesco Zacks Multi-Asset Income ETF 2.1 106 -97 8.9 +1.6
ACWI iShares MSCI ACWI ETF 2.1 32 -23 5.5 -1.8
RFDI First Trust Riverfront Dynamic Developed International ETF 2.0 83 -74 9.0 +1.7
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 2.0 49 -40 10.5 +3.2
JHID John Hancock International High Dividend ETF 2.0 46 -37 11.5 +4.2
VT Vanguard Total World Stock ETF 1.9 7 2 5.8 -1.4
GCOW Pacer Global Cash Cows Dividend ETF 1.9 60 -51 13.6 +6.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.9 9 0 5.7 -1.5
LNGG Roundhill Alerian LNG ETF 1.9 65 -56 8.5 +1.3
ARKW ARK Next Generation Internet ETF 1.8 87 -78 -2.9 -10.1
JSTC Adasina Social Justice All Cap Global ETF 1.8 89 -80 4.8 -2.5
DINT Davis Select International ETF 1.8 55 -46 4.7 -2.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.8 30 -21 7.8 +0.5
SFYF SoFi Social 50 ETF 1.8 29 -20 -2.6 -9.9
EXI iShares Global Industrials ETF 1.8 42 -33 4.7 -2.6
CGGR Capital Group Growth ETF 1.7 39 -30 3.5 -3.8
JXI iShares Global Utilities ETF 1.7 43 -34 6.7 -0.6
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 1.7 45 -36 6.2 -1.0
ECLN First Trust EIP Carbon Impact ETF 1.7 96 -87 5.3 -2.0
ESGG FlexShares STOXX Global ESG Select Index Fund 1.6 42 -33 5.1 -2.1
IVEG iShares Emergent Food and AgTech Multisector ETF 1.5 47 -38 8.3 +1.0
VEGI iShares MSCI Agriculture Producers ETF 1.5 39 -30 9.2 +2.0
ANEW ProShares MSCI Transformational Changes ETF 1.5 45 -36 3.3 -3.9
BECO BlackRock Future Climate and Sustainable Economy ETF 1.5 70 -61 13.7 +6.5
FTAG First Trust Indxx Global Agriculture ETF 1.5 70 -61 9.1 +1.9
ACTV LeaderShares Activist Leaders ETF 1.4 75 -66 8.1 +0.8
EATZ AdvisorShares Restaurant ETF 1.4 101 -92 2.7 -4.6
FTRI First Trust Indxx Global Natural Resources Income ETF 1.3 70 -61 10.6 +3.4
GDX VanEck Gold Miners ETF 1.3 51 -42 4.7 -2.6
CVAR Cultivar ETF 1.3 87 -78 6.9 -0.3
CGDV Capital Group Dividend Value ETF 1.3 33 -24 5.8 -1.5
AIQ Global X Artificial Intelligence & Technology ETF 1.2 68 -59 4.2 -3.1
IGE iShares North American Natural Resources ETF 1.2 41 -32 6.4 -0.9
RXI iShares Global Consumer Discretionary ETF 1.2 41 -32 5.5 -1.7
DGT SPDR Global Dow ETF 1.2 50 -41 6.7 -0.6
IXN iShares Global Tech ETF 1.2 41 -32 4.3 -2.9
GVLU Gotham 1000 Value ETF 1.2 50 -41 7.4 +0.2
IXP iShares Global Comm Services ETF 1.2 42 -33 5.3 -1.9
SILJ ETFMG Prime Junior Silver Miners ETFMG Prime Junior Silver M 1.1 69 -60 1.3 -5.9
ROYA Tema Global Royalties ETF 1.1 75 -66 4.6 -2.7
EPU iShares MSCI Peru and Global Exposure ETF 1.1 59 -50 5.5 -1.8
SLVP iShares MSCI Global Silver Miners ETF 1.1 39 -30 3.8 -3.4
GOAU U.S. Global GO GOLD and Precious Metal Miners ETF 1.1 60 -51 6.2 -1.1
MVPS Amplify Thematic All-Stars ETF 1.1 49 -40 1.7 -5.6
KXI iShares Global Consumer Staples ETF 1.1 41 -32 5.6 -1.7
IBUY Amplify Online Retail ETF 1.1 65 -56 1.8 -5.5
HART IQ Healthy Hearts ETF 1.1 45 -36 5.3 -1.9
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 1.1 75 -66 4.7 -2.5
IMFL Invesco International Developed Dynamic Multifactor ETF 1.0 34 -25 10.6 +3.4
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 1.0 85 -76 8.1 +0.8
COPX Global X Copper Miners ETF 1.0 65 -56 6.9 -0.3
PICK iShares MSCI Global Metals & Mining Producers ETF 1.0 39 -30 11.0 +3.7
MOTG VanEck Morningstar Global Wide Moat ETF 1.0 52 -43 5.8 -1.5
EMLP First Trust North American Energy Infrastructure Fund 0.9 95 -86 5.4 -1.9
NXTG First Trust Indxx NextG ETF 0.9 70 -61 6.0 -1.3
CGUS Capital Group Core Equity ETF 0.9 33 -24 4.7 -2.6
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.8 72 -63 2.2 -5.1
ACWV iShares MSCI Global Min Vol Factor ETF 0.8 20 -11 6.7 -0.5
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.8 65 -56 8.4 +1.1
DWLD Davis Select Worldwide ETF 0.8 63 -54 5.6 -1.6
DARP Grizzle Growth ETF 0.8 75 -66 3.2 -4.1
NTZG Nuveen Global Net Zero Transition ETF 0.8 56 -47 4.9 -2.3
UIVM VictoryShares International Value Momentum ETF 0.8 35 -26 10.7 +3.4
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.7 58 -49 4.6 -2.7
GDVD R3 Global Dividend Growth ETF 0.7 88 -79 5.8 -1.4
TRFM AAM Transformers ETF 0.7 49 -40 1.2 -6.0
GINN Goldman Sachs Innovate Equity ETF 0.6 52 -43 2.7 -4.5
KNCT Invesco Next Gen Connectivity ETF 0.6 40 -31 5.9 -1.4
XT iShares Exponential Technologies ETF 0.5 46 -37 3.9 -3.4
FFTY Innovator IBD 50 ETF 0.5 80 -71 0.1 -7.2
AGQI First Trust Active Global Quality Income ETF 0.5 85 -76 5.8 -1.4
MOTI VanEck Morningstar International Moat ETF 0.5 58 -49 6.9 -0.3
WLDR Affinity World Leaders Equity ETF 0.5 67 -58 8.5 +1.3
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 0.5 79 -70 6.2 -1.0
SCHC Schwab International Small-Cap Equity ETF 0.3 11 -2 6.4 -0.8
SDG iShares MSCI Global Sustainable Development Goals ETF 0.3 49 -40 5.8 -1.5
KLDW Knowledge Leaders Developed World ETF 0.3 75 -66 4.9 -2.3
FNDC Schwab Fundamental International Small Co. Index ETF 0.2 39 -30 6.9 -0.4
FBCG Fidelity Blue Chip Growth ETF 0.2 59 -50 2.6 -4.7
WRND IQ Global Equity R&D Leaders ETF 0.1 18 -9 7.2 -0.1
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.1 7 2 5.2 -2.1
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 -40 6.7 -0.6
PBUS Invesco MSCI USA ETF 0.1 4 5 5.3 -2.0
KRUZ Unusual Whales Subversive Republican Trading ETF 0.1 75 -66 4.9 -2.3
IUS Invesco RAFI Strategic US ETF 0.1 19 -10 7.3 +0.0
NANC Unusual Whales Subversive Democratic Trading ETF 0.1 75 -66 3.8 -3.5
DFIS Dimensional International Small Cap ETF 0.0 39 -30 6.7 -0.5
GWX SPDR S&P International Small Cap ETF 0.0 40 -31 6.6 -0.7

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:		 Franklin FTSE Canada ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.9 %
Divided by: Fwd. P/BV 1.8 x
Less: Expense ratio 9 bp
Equals: ALTAR Score 7.2 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.54 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.