Franklin FTSE Canada ETF
ALTAR
Score™		 9.5% info Recommen-
dation		 OVERWEIGHT
2023E    2024E
P/E
ratio		 12.1x P/Sales
ratio		 1.4x
P/BV
ratio		 1.9x Div.
yield		 3.6%


  • 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) $273
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 52
Wgt avg mkt cap (mns) $9,837
Large cap (>$10bn) 33.7%
Mid cap ($2-10bn) 0.8%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ROYAL BANK OF CANADA 8.7 %
TORONTO-DOMINION BANK 6.9 %
ENBRIDGE INC 5.0 %
CANADIAN PACIFIC RAILWAY LTD 4.7 %
CANADIAN NATL RAILWAY CO 4.5 %
BANK OF NOVA SCOTIA 3.8 %
BANK OF MONTREAL 3.7 %
CANADIAN NATURAL RESOURCES 3.7 %
SHOPIFY, INC. CLASS A 3.4 %
BROOKFIELD ASSET MANAGE-CL A 2.7 %
Total 47.1 %

TOP COUNTRY EXPOSURE
CANADA 99.0 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
3.6% -8.2% 7.7% -- 6.7%

Market Correlations
versus... Beta R-squared
S&P500 1.01 84%
MSCI EAFE 1.04 85%
MSCI Emg. Mkts. 0.80 58%

Technical Indicators
Recent close $29.95
30d moving avg. $30.49
Annualized volatility 23.2%
Short interest (ETF) 0.9%
Relative strength (RSI) 33

Liquidity measures
Avg. volume (thou.) 57
Turnover 0.6%
Bid/Ask (% of price) 0.17%
ADV underlying (mns) $2,847

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™: 9.5%


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 86.0 19 -10 8.9 -0.6
EWC iShares MSCI Canada ETF 79.4 50 -41 8.7 -0.8
IGRO iShares International Dividend Growth ETF 16.4 15 -6 9.4 -0.1
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 16.0 47 -38 6.3 -3.2
PID Invesco International Dividend Achievers ETF 15.4 56 -47 8.3 -1.2
NANR SPDR S&P North American Natural Resources ETF 14.5 35 -26 7.6 -1.9
FICS First Trust International Developed Capital Strength ETF 12.1 70 -61 7.0 -2.5
IDLV Invesco S&P International Developed Low Volatility ETF 11.9 25 -16 6.7 -2.8
PIZ Invesco DWA Developed Markets Momentum ETF 11.1 80 -71 6.3 -3.2
IXC iShares Global Energy ETF 10.9 40 -31 9.5 -0.0
FID First Trust S&P International Dividend Aristocrats ETF 10.7 60 -51 11.5 +2.0
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 10.5 47 -38 5.6 -3.8
VIGI Vanguard International Dividend Appreciation ETF 10.5 15 -6 6.6 -2.8
CID VictoryShares Intl High Dividend Volatility Wtd Index ETF 10.3 45 -36 10.9 +1.4
IVRA Invesco Real Assets ESG ETF 10.3 59 -50 7.2 -2.3
FIVA Fidelity International Value Factor ETF 10.0 39 -30 11.3 +1.8
CIL VictoryShares International Volatility Weighted Index ETF 9.8 45 -36 7.9 -1.6
WDIV SPDR Global Dividend ETF 9.7 40 -31 11.8 +2.3
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 9.4 20 -11 7.2 -2.3
SHPP Pacer Industrials and Logistics ETF 9.2 60 -51 10.9 +1.4
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 9.2 46 -37 10.0 +0.5
GLIF AGFiQ Global Infrastructure ETF 9.1 45 -36 6.2 -3.3
BKIE BNY Mellon International Equity ETF 9.1 4 5 8.4 -1.1
GNR SPDR S&P Global Natural Resources ETF 8.9 40 -31 10.5 +1.1
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Id 8.9 32 -23 7.1 -2.4
TPIF Timothy Plan International ETF 8.9 62 -53 7.4 -2.0
PXUS Principal International Adaptive Multi-Factor ETF 8.8 24 -15 7.7 -1.8
FIDI Fidelity International High Dividend ETF 8.7 39 -30 13.2 +3.7
ENFR Alerian Energy Infrastructure ETF 8.7 35 -26 5.2 -4.3
USAI Pacer American Energy Independence ETF 8.7 75 -66 3.7 -5.8
UMI USCF Midstream Energy Income Fund ETF 8.7 85 -76 3.4 -6.1
IMTM iShares Edge MSCI Intl Momentum Factor ETF 8.5 30 -21 8.5 -1.0
AVIV Avantis International Large Cap Value ETF 8.5 25 -16 10.3 +0.8
GSIE Goldman Sachs ActiveBeta International Equity ETF 8.4 25 -16 8.9 -0.5
IGF iShares Global Infrastructure ETF 8.3 40 -31 4.8 -4.7
GII SPDR S&P Global Infrastructure ETF 8.2 40 -31 4.8 -4.7
RDMX SPDR Bloomberg SASB Developed Markets EX US ESG Select ETF 8.2 12 -3 7.6 -1.9
SCHY Schwab International Dividend Equity ETF 8.2 14 -5 9.2 -0.3
TTAI TrimTabs All Cap International Free-Cash-Flow ETF 7.9 61 -52 9.3 -0.2
SCHF Schwab International Equity ETF 7.9 6 3 8.2 -1.3
UMMA Wahed Dow Jones Islamic World ETF 7.7 65 -56 5.3 -4.2
VYMI Vanguard International High Dividend Yield ETF 7.6 22 -13 11.3 +1.8
IDMO Invesco S&P International Developed Momentum ETF 7.5 25 -16 9.5 -0.0
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 7.3 45 -36 9.2 -0.3
RODM Hartford Multifactor Developed Markets (ex-US) ETF 7.2 29 -20 10.1 +0.6
RNDM First Trust Developed International Equity Select ETF 7.1 65 -56 7.1 -2.4
IDEV iShares Core MSCI International Developed Markets ETF 7.1 4 5 7.8 -1.7
SPDW SPDR Portfolio Developed World ex-US ETF 7.0 4 5 7.6 -1.9
INTF iShares Edge MSCI Multifactor Intl ETF 7.0 15 -6 9.1 -0.3
VEA Vanguard FTSE Developed Markets ETF 6.8 5 4 8.0 -1.5
WWJD Inspire International ESG ETF 6.8 69 -60 7.6 -1.9
FDEV Fidelity Targeted International Factor ETF 6.7 39 -30 7.9 -1.6
IXG iShares Global Financials ETF 6.5 40 -31 10.4 +0.9
IPKW Invesco International BuyBack Achievers ETF 6.5 55 -46 11.6 +2.2
ABEQ Absolute Core Strategy ETF 6.4 85 -76 5.3 -4.1
FGD First Trust Dow Jones Global Select Dividend Index Fund 6.3 57 -48 14.0 +4.5
WKLY SoFi Weekly Dividend ETF 6.3 49 -40 9.4 -0.1
CWI SPDR MSCI ACWI ex-US ETF 6.3 30 -21 8.1 -1.4
TPYP Tortoise North American Pipeline Fund 6.1 40 -31 5.7 -3.8
QINT American Century Quality Diversified International ETF 6.0 39 -30 9.6 +0.1
VRAI Virtus Real Asset Income ETF 6.0 55 -46 8.4 -1.1
IDHQ Invesco S&P International Developed Quality ETF 6.0 29 -20 8.3 -1.2
AVDE Avantis International Equity ETF 6.0 23 -14 9.3 -0.2
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 6.0 41 -32 8.2 -1.3
ACWX iShares MSCI ACWI ex U.S. ETF 5.9 32 -23 8.1 -1.4
SUBS Fount Subscription Economy ETF 5.8 70 -61 5.4 -4.1
ICOW Pacer Developed Markets International Cash Cows 100 ETF 5.8 65 -56 16.8 +7.3
MXI iShares Global Materials ETF 5.8 40 -31 8.3 -1.2
VEU Vanguard FTSE All-World ex-US Index Fund 5.7 7 2 8.3 -1.2
IQLT iShares Edge MSCI Intl Quality Factor ETF 5.7 30 -21 8.2 -1.3
FILL iShares MSCI Global Energy Producers ETF 5.6 39 -30 10.5 +1.1
DWX SPDR S&P International Dividend ETF 5.5 45 -36 8.8 -0.7
JIG JPMorgan International Growth ETF 5.2 55 -46 5.2 -4.3
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 5.2 39 -30 8.6 -0.9
FNDF Schwab Fundamental International Large Co. Index ETF 5.2 25 -16 9.6 +0.1
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 5.2 24 -15 8.9 -0.6
LVHI Legg Mason International Low Volatility High Dividend ETF 5.2 40 -31 9.9 +0.4
IQIN IQ 500 International ETF 5.1 25 -16 8.7 -0.8
IQDY FlexShares International Quality Dividend Dynamic Index Fund 5.1 47 -38 11.6 +2.1
VXUS Vanguard Total International Stock ETF 5.1 7 2 8.1 -1.4
VSGX Vanguard ESG International Stock ETF 5.1 12 -3 7.8 -1.6
IQDF FlexShares International Quality Dividend Index Fund 5.1 47 -38 11.9 +2.4
IXUS ishares Core MSCI Total International Stock ETF 5.0 7 2 8.0 -1.5
JZRO Janus Henderson Net Zero Transition Resources ETF 5.0 60 -51 7.7 -1.8
ISZE iShares Edge MSCI Intl Size Factor ETF 4.8 30 -21 7.4 -2.1
UIVM VictoryShares USAA MSCI International Value Momentum ETF 4.7 35 -26 10.3 +0.9
IQDE FlexShares International Quality Dividend Defensive Index ET 4.7 47 -38 10.7 +1.2
IDV iShares International Select Dividend ETF 4.7 49 -40 16.3 +6.9
VWID Virtus WMC International Dividend ETF 4.6 49 -40 10.3 +0.8
NDIV Amplify Natural Resources Dividend Income ETF 4.5 59 -50 15.8 +6.3
FDT First Trust Developed Markets ex-US Alphadex Fund 4.4 80 -71 11.3 +1.9
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 4.3 39 -30 9.0 -0.4
TMFG Motley Fool Global Opportunities ETF 4.2 85 -76 4.5 -5.0
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 4.1 25 -16 7.8 -1.7
SDEI Sound Equity Income ETF 4.1 45 -36 10.6 +1.1
RODE Hartford Multifactor Diversified International ETF 4.1 29 -20 13.6 +4.1
SUPL ProShares Supply Chain Logistics ETF 4.0 58 -49 16.3 +6.8
INFL Horizon Kinetics Inflation Beneficiaries ETF 3.9 85 -76 6.1 -3.4
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 3.9 75 -66 7.7 -1.8
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.8 12 -3 6.7 -2.8
BLES Inspire Global Hope Large Cap ETF 3.7 49 -40 7.2 -2.3
EXI iShares Global Industrials ETF 3.6 40 -31 6.5 -3.0
RING iShares MSCI Global Gold Miners ETF 3.6 39 -30 6.2 -3.2
RAYD Rayliant Quantitative Developed Market Equity ETF 3.6 80 -71 9.5 +0.1
VIDI Vident International Equity Fund 3.6 61 -52 12.3 +2.8
KOCG FIS Knights of Columbus Global Belief ETF 3.5 75 -66 8.0 -1.4
DEW WisdomTree Global High Dividend Fund 3.5 58 -49 11.0 +1.5
BWEB Bitwise Web3 ETF 3.4 85 -76 2.6 -6.9
SPRX Spear Alpha ETF 3.4 75 -66 2.0 -7.5
ARKF ARK Fintech Innovation ETF 3.4 75 -66 -2.3 -11.8
BYOB SoFi Be Your Own Boss ETF 3.4 59 -50 -3.2 -12.7
ARKK ARK Innovation ETF 3.4 75 -66 -7.8 -17.2
ARKW ARK Web x.0 ETF 3.4 83 -74 -4.8 -14.3
FDNI First Trust Dow Jones International Internet ETF 3.4 65 -56 2.8 -6.7
SGDM Sprott Gold Miners ETF 3.4 50 -41 5.3 -4.2
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 3.3 42 -33 6.6 -2.9
DFAI Dimensional International Core Equity Market ETF 3.2 18 -9 7.9 -1.6
ICAP InfraCap Equity Income Fund ETF 3.1 80 -71 11.2 +1.7
QWLD SPDR MSCI World StrategicFactors ETF 3.0 30 -21 7.6 -1.9
BLLD JPMorgan Sustainable Infrastructure ETF 3.0 49 -40 5.5 -4.0
XNTK SPDR NYSE Technology ETF 3.0 35 -26 5.3 -4.2
IMFL Invesco International Developed Dynamic Multifactor ETF 2.9 34 -25 11.2 +1.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 2.9 20 -11 7.5 -2.0
KOKU Xtrackers MSCI Kokusai Equity ETF 2.9 9 0 7.2 -2.3
FYLD Cambria Foreign Shareholder Yield ETF 2.8 59 -50 14.1 +4.7
TOK iShares MSCI Kokusai ETF 2.8 25 -16 7.0 -2.5
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 2.7 20 -11 12.7 +3.2
VMAT V-Shares MSCI World ESG Materiality and Carbon Transition ET 2.7 39 -30 6.8 -2.7
DSTX Distillate International Fundamental Stability & Value ETF 2.7 55 -46 8.6 -0.9
FTRI First Trust Indxx Global Natural Resources Income ETF 2.6 70 -61 21.2 +11.7
URTH iShares MSCI World ETF 2.6 24 -15 7.1 -2.4
JSTC Adasina Social Justice All Cap Global ETF 2.6 89 -80 6.7 -2.8
PNQI Invesco NASDAQ Internet ETF 2.6 60 -51 3.4 -6.1
FPXI First Trust International Equity Opportunities ETF 2.6 70 -61 -0.6 -10.1
ACWF iShares MSCI Global Multifactor ETF 2.5 35 -26 9.8 +0.4
FTAG First Trust Indxx Global Agriculture ETF 2.5 70 -61 10.3 +0.8
IVEG iShares Emergent Food and AgTech Multisector ETF 2.5 47 -38 9.0 -0.5
BECO BlackRock Future Climate and Sustainable Economy ETF 2.5 70 -61 5.0 -4.4
VEGI iShares MSCI Global Agriculture Producers ETF 2.5 39 -30 9.0 -0.5
BKCI BNY Mellon Concentrated International ETF 2.4 80 -71 4.5 -5.0
GVLU Gotham 1000 Value ETF 2.4 50 -41 12.1 +2.6
CGGR Capital Group Growth ETF 2.4 39 -30 5.0 -4.5
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 2.4 45 -36 7.9 -1.6
ACWI iShares MSCI ACWI ETF 2.4 32 -23 7.2 -2.3
DFIV Dimensional International Value ETF 2.3 30 -21 10.0 +0.5
DIHP Dimensional International High Profitability ETF 2.3 29 -20 9.0 -0.5
CCSO Carbon Collective Climate Solutions U.S. Equity ETF 2.3 35 -26 3.5 -6.0
UPWD JPMorgan Social Advancement ETF 2.3 49 -40 6.7 -2.7
IVLU iShares Edge MSCI Intl Value Factor ETF 2.3 30 -21 12.1 +2.7
RVRB Reverb ETF 2.2 30 -21 6.7 -2.8
CGGO Capital Group Global Growth Equity ETF 2.2 47 -38 4.9 -4.6
DIVD Altrius Global Dividend ETF 2.2 49 -40 12.1 +2.6
AOTG AOT Growth and Innovation ETF 2.1 75 -66 3.7 -5.8
ESGG FlexShares STOXX Global ESG Impact Index Fund 2.1 42 -33 7.1 -2.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 2.1 9 0 7.0 -2.5
VT Vanguard Total World Stock ETF 2.1 7 2 7.3 -2.2
IQM Franklin Intelligent Machines ETF 2.0 50 -41 4.1 -5.4
CVY Invesco Zacks Multi-Asset Income ETF 2.0 100 -91 13.6 +4.1
SFYF SoFi 50 ETF 2.0 29 -20 -7.9 -17.4
DFIC Dimensional International Core Equity 2 ETF 2.0 23 -14 8.4 -1.1
MOTG VanEck Morningstar Global Wide Moat ETF 1.9 52 -43 7.1 -2.4
IXP iShares Global Comm Services ETF 1.9 40 -31 8.0 -1.5
JXI iShares Global Utilities ETF 1.9 40 -31 6.4 -3.1
GSFP Goldman Sachs Future Planet Equity ETF 1.9 75 -66 4.0 -5.5
HAP VanEck Natural Resources ETF 1.8 49 -40 9.4 -0.1
GCOW Pacer Global High Dividend ETF 1.8 60 -51 16.1 +6.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.8 31 -22 8.9 -0.6
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 1.7 45 -36 4.8 -4.7
ANEW ProShares MSCI Transformational Changes ETF 1.7 45 -36 6.0 -3.5
RFDI First Trust Riverfront Dynamic Developed International ETF 1.7 83 -74 12.3 +2.8
MBOX Freedom Day Dividend ETF 1.7 39 -30 9.1 -0.4
CGXU Capital Group International Focus Equity ETF 1.7 54 -45 4.3 -5.2
ACWV iShares MSCI Global Min Vol Factor ETF 1.7 20 -11 8.3 -1.2
GDX VanEck Gold Miners ETF 1.6 51 -42 4.7 -4.8
SIMS SPDR S&P Kensho Intelligent Structures ETF 1.6 45 -36 0.1 -9.4
CVAR Cultivar ETF 1.5 87 -78 8.7 -0.7
IVDG Invesco Focused Discovery Growth ETF 1.5 59 -50 4.8 -4.7
EPU iShares MSCI All Peru Capped ETF 1.4 57 -48 5.6 -3.9
SLVP iShares MSCI Global Silver Miners ETF 1.4 39 -30 3.7 -5.7
GOAU U.S. Global GO GOLD & Precious Metal Miners ETF 1.4 60 -51 6.5 -3.0
OAIE Optimize AI Smart Sentiment Event-Driven ETF 1.4 100 -91 4.8 -4.7
VNSE Natixis Vaughan Nelson Select ETF 1.4 80 -71 4.5 -5.0
MVPS Amplify Thematic All-Stars ETF 1.4 49 -40 2.1 -7.4
CGUS Capital Group Core Equity ETF 1.4 33 -24 6.7 -2.8
FEMA Procure Disaster Recovery Strategy ETF 1.3 75 -66 5.9 -3.6
BIBL Inspire ETF 1.3 35 -26 6.3 -3.2
ACTV LeaderShares Activist Leaders ETF 1.3 75 -66 12.1 +2.6
EATZ AdvisorShares Restaurant ETF 1.3 99 -90 -2.9 -12.4
ION ProShares S&P Global Core Battery Metals ETF 1.2 58 -49 10.1 +0.6
KCAL Subversive Food Security ETF 1.2 75 -66 10.2 +0.7
IBUY Amplify Online Retail ETF 1.2 65 -56 -4.6 -14.1
IGE iShares North American Natural Resources ETF 1.1 40 -31 8.0 -1.5
RXI iShares Global Consumer Discretionary ETF 1.1 40 -31 6.7 -2.8
DTEC ALPS Disruptive Technologies ETF 1.1 50 -41 4.5 -4.9
DGT SPDR Global Dow ETF 1.1 50 -41 8.4 -1.1
ECLN First Trust EIP Carbon Impact ETF 1.1 95 -86 4.6 -4.9
DINT Davis Select International ETF 1.0 64 -55 8.0 -1.5
COPX Global X Copper Miners ETF 1.0 65 -56 8.1 -1.4
PICK iShares MSCI Global Metals & Mining Producers ETF 1.0 39 -30 12.8 +3.3
IXN iShares Global Tech ETF 1.0 40 -31 5.9 -3.6
KXI iShares Global Consumer Staples ETF 1.0 40 -31 5.7 -3.8
HART IQ Healthy Hearts ETF 1.0 45 -36 6.2 -3.3
NXTG First Trust Indxx NextG ETF 1.0 70 -61 6.9 -2.6
IVLC Invesco US Large Cap Core ESG ETF 0.9 48 -39 6.6 -2.9
ERSX ERShares NextGen Entrepreneurs ETF 0.9 75 -66 6.8 -2.6
WLDR Affinity World Leaders Equity ETF 0.9 67 -58 10.6 +1.2
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.9 70 -61 3.2 -6.3
UVDV UVA Dividend Value ETF 0.9 80 -71 7.8 -1.6
ARB AltShares Merger Arbitrage ETF 0.8 67 -58 7.8 -1.7
GVIP Goldman Sachs Hedge Industry VIP ETF 0.8 45 -36 5.6 -3.9
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.8 65 -56 9.0 -0.5
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde 0.8 63 -54 5.1 -4.4
NTZG Nuveen Global Net Zero Transition ETF 0.7 55 -46 6.1 -3.4
RYJ Invesco Raymond James SB-1 Equity ETF 0.6 81 -72 5.9 -3.6
JIDA JPMorgan ActiveBuilders International Equity ETF 0.6 25 -16 7.6 -1.9
QUS SPDR MSCI USA StrategicFactors ETF 0.5 15 -6 7.2 -2.2
KOMP SPDR Kensho New Economies Composite ETF 0.5 20 -11 -1.3 -10.8
ETHO Etho Climate Leadership U.S. ETF 0.4 47 -38 5.3 -4.2
SDG iShares Sustainable MSCI Global Impact ETF 0.4 49 -40 7.2 -2.3
FNDC Schwab Fundamental International Small Co. Index ETF 0.3 39 -30 7.2 -2.3
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 0.2 50 -41 3.7 -5.8
SHE SPDR SSGA Gender Diversity Index ETF 0.2 20 -11 6.9 -2.6
EMLP First Trust North American Energy Infrastructure Fund 0.2 95 -86 5.9 -3.6
FBCG Fidelity Blue Chip Growth ETF 0.1 59 -50 2.9 -6.6
PBUS Invesco PureBeta MSCI USA ETF 0.1 4 5 6.8 -2.7
IUS Invesco Strategic US ETF 0.1 19 -10 8.1 -1.4
AMZA InfraCap MLP ETF 0.1 201 -192 3.5 -6.0
JUSA JPMorgan ActiveBuilders U.S. Large Cap Equity ETF 0.0 17 -8 6.9 -2.6
DFIS Dimensional International Small Cap ETF 0.0 39 -30 6.4 -3.1

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

  2018 2019 2020 2021 2022 2023E 2024E
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
  2022 2023E 2024E
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:

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 17.0 %
Divided by: Fwd. P/BV 1.8 x
Less: Expense ratio 9 bp
Equals: ALTAR Score 9.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.53 CATEGORY
AVERAGE		 1.53
 
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.