Franklin FTSE Japan Hedged ETF
ALTAR
Score™		 6.9% info Recommen-
dation		 NEUTRAL
2024E    2025E
P/E
ratio		 14.3x P/Sales
ratio		 0.9x
P/BV
ratio		 1.3x Div.
yield		 2.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Franklin FTSE Japan Hedged ETF tracks a market-cap-weighted index of large- and midcap companies in Japan. The fund is currency hedged for USD-based investors.

FUND BASICS
Category International Equities
Fund Sponsor Franklin Templeton
Website www.libertyshares.com
Inception date Nov 02, 2017
Assets (mns) $49
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 Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 487
Wgt avg mkt cap (mns) $55,118
Large cap (>$10bn) 73.1%
Mid cap ($2-10bn) 24.0%
Small cap (<$2bn) 2.9%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
TOYOTA MOTOR CORP 6.2 %
MITSUBISHI UFJ FINANCIAL GRO 2.5 %
TOKYO ELECTRON LTD 2.4 %
SONY CORP 2.3 %
KEYENCE CORP 1.9 %
SHIN-ETSU CHEMICAL CO LTD 1.8 %
HITACHI LTD 1.6 %
MITSUBISHI CORP 1.6 %
SUMITOMO MITSUI FINANCIAL GR 1.5 %
MITSUI & CO LTD 1.4 %
Total 23.1 %

TOP COUNTRY EXPOSURE
JAPAN 95.3 %










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.
14.7% 41.5% 15.9% -- 11.3%

Market Correlations
versus... Beta R-squared
S&P500 0.45 40%
MSCI EAFE 0.44 35%
MSCI Emg. Mkts. 0.30 18%

Technical Indicators
Recent close $30.43
30d moving avg. $32.34
Annualized volatility 12.6%
Short interest (ETF) 1.2%
Relative strength (RSI) 25

Liquidity measures
Avg. volume (thou.) 28
Turnover 1.7%
Bid/Ask (% of price) 0.12%
ADV underlying (mns) $24,914

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 371 potential alternatives to the Franklin FTSE Japan Hedged ETF ETF based on the alternatives' overlap in portfolio holdings with FLJH. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FLJH Expense: 9 bp ALTAR Score™: 6.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FLJH
Ticker Fund
Name		 Overlap1
vs FLJH
(%)		 Expense
ratio
(bp)		 Savings
vs FLJH
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs FLJH
(%)
FLJP Franklin FTSE Japan ETF 94.4 9 0 7.1 +0.2
BBJP JPMorgan BetaBuilders Japan ETF 85.2 19 -10 7.1 +0.2
DBJP Xtrackers MSCI Japan Hedged Equity ETF 83.4 47 -38 6.6 -0.4
EWJ iShares MSCI Japan ETF 83.2 50 -41 6.7 -0.2
JPXN iShares JPX-Nikkei 400 ETF 75.7 48 -39 7.5 +0.5
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 74.3 25 -16 7.7 +0.8
IPAC iShares Core MSCI Pacific ETF 63.6 9 0 6.7 -0.3
DXJ WisdomTree Japan Hedged Equity Fund 57.0 48 -39 7.7 +0.8
VPL Vanguard FTSE Pacific ETF 53.4 8 1 7.0 +0.0
IDMO Invesco S&P International Developed Momentum ETF 48.2 25 -16 7.0 +0.0
EWJV iShares MSCI Japan Value ETF 48.1 15 -6 9.0 +2.0
IMTM iShares MSCI Intl Momentum Factor ETF 43.3 30 -21 6.8 -0.1
IVLU iShares MSCI Intl Value Factor ETF 30.7 30 -21 10.6 +3.7
IQIN IQ 500 International ETF 27.9 25 -16 8.8 +1.9
CEFA Global X S&P Catholic Values Developed ex-US ETF 26.6 35 -26 6.4 -0.5
DMXF iShares ESG Advanced MSCI EAFE ETF 26.4 12 -3 5.4 -1.5
FNDF Schwab Fundamental International Large Co. Index ETF 25.7 25 -16 9.1 +2.1
GSID Goldman Sachs MarketBeta International Equity ETF 25.6 20 -11 6.7 -0.3
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 25.2 14 -5 6.2 -0.8
IQSI IQ Candriam International Equity ETF 24.8 15 -6 6.4 -0.5
JHMD John Hancock Multifactor Developed International ETF 24.1 39 -30 7.4 +0.4
HFXI IQ FTSE International Equity Currency Neutral ETF 24.1 20 -11 6.8 -0.1
FJP First Trust Japan AlphaDEX Fund 24.0 80 -71 10.1 +3.2
EFV iShares MSCI EAFE Value ETF 23.6 34 -25 9.1 +2.2
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 23.6 39 -30 7.6 +0.7
ISZE iShares MSCI Intl Size Factor ETF 23.0 30 -21 6.6 -0.4
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 22.9 36 -27 6.4 -0.6
EFA iShares MSCI EAFE ETF 22.9 35 -26 6.4 -0.6
BKIE BNY Mellon International Equity ETF 22.8 4 5 6.9 -0.1
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 22.8 20 -11 6.3 -0.7
IEFA iShares Core MSCI EAFE ETF 22.6 7 2 2.7 -4.2
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 22.6 24 -15 8.6 +1.6
DIVI Franklin International Core Dividend Tilt Index ETF 22.2 9 0 8.0 +1.1
EFG iShares MSCI EAFE Growth ETF 22.0 36 -27 4.1 -2.9
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 21.9 45 -36 8.5 +1.5
JIRE JPMorgan International Research Enhanced Equity ETF 21.8 24 -15 6.7 -0.2
ESGD iShares ESG Aware MSCI EAFE ETF 21.8 20 -11 6.3 -0.6
SCHF Schwab International Equity ETF 21.4 6 3 7.0 +0.1
UIVM VictoryShares International Value Momentum ETF 21.2 35 -26 10.7 +3.7
QEFA SPDR MSCI EAFE StrategicFactors ETF 21.1 30 -21 6.8 -0.1
SPDW SPDR Portfolio Developed World ex-US ETF 20.9 3 6 6.9 -0.0
CIL VictoryShares International Volatility Wtd ETF 20.4 45 -36 6.9 -0.1
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 20.3 51 -42 6.8 -0.1
IDEV iShares Core MSCI International Developed Markets ETF 20.3 4 5 6.7 -0.2
GSIE Goldman Sachs ActiveBeta International Equity ETF 19.8 25 -16 7.4 +0.5
DIHP Dimensional International High Profitability ETF 19.8 29 -20 6.9 -0.0
TPIF Timothy Plan International ETF 19.8 62 -53 6.7 -0.2
FDT First Trust Developed Markets ex-US AlphaDEX Fund 19.5 80 -71 10.8 +3.8
DFAI Dimensional International Core Equity Market ETF 19.5 18 -9 6.9 -0.1
DFIV Dimensional International Value ETF 19.0 27 -18 9.8 +2.9
JPIN J.P. Morgan Diversified Return International Equity ETF 18.7 37 -28 8.7 +1.8
VEA Vanguard FTSE Developed Markets ETF 18.4 5 4 7.0 +0.1
ESGN Columbia International ESG Equity Income ETF 18.1 45 -36 9.0 +2.1
INTF iShares International Equity Factor ETF 18.0 15 -6 7.8 +0.9
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 17.8 20 -11 6.9 -0.0
DWM WisdomTree International Equity Fund 17.8 48 -39 7.8 +0.8
RFDI First Trust Riverfront Dynamic Developed International ETF 17.4 83 -74 9.0 +2.0
IGRO iShares International Dividend Growth ETF 17.3 15 -6 7.1 +0.1
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 17.2 40 -31 7.8 +0.9
QINT American Century Quality Diversified International ETF 17.2 39 -30 7.4 +0.5
DFIC Dimensional International Core Equity 2 ETF 17.0 23 -14 7.4 +0.5
DFSI Dimensional International Sustainability Core 1 ETF 16.6 24 -15 6.2 -0.7
DIM WisdomTree International MidCap Dividend Fund 16.3 58 -49 7.7 +0.7
NUDM Nuveen ESG International Developed Markets Equity ETF 16.2 31 -22 6.4 -0.5
DOL WisdomTree International LargeCap Dividend Fund 16.1 48 -39 7.7 +0.8
EFAV iShares MSCI EAFE Min Vol Factor ETF 16.1 22 -13 6.2 -0.7
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 15.8 39 -30 7.3 +0.4
IMOM Alpha Architect International Quantitative Momentum ETF 15.6 49 -40 7.3 +0.4
AVDE Avantis International Equity ETF 15.4 23 -14 7.9 +0.9
VSGX Vanguard ESG International Stock ETF 15.4 12 -3 6.8 -0.1
IMFL Invesco International Developed Dynamic Multifactor ETF 15.3 34 -25 10.6 +3.7
VEU Vanguard FTSE All-World ex-US Index Fund 15.3 8 1 7.2 +0.2
FIVA Fidelity International Value Factor ETF 15.2 18 -9 9.3 +2.4
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 14.8 41 -32 6.7 -0.3
CWI SPDR MSCI ACWI ex-US ETF 14.7 30 -21 6.8 -0.1
ACWX iShares MSCI ACWI ex U.S. ETF 14.7 34 -25 6.7 -0.3
VYMI Vanguard International High Dividend Yield ETF 14.6 22 -13 9.7 +2.8
DWMF WisdomTree International Multifactor Fund 14.4 38 -29 7.3 +0.4
IXUS iShares Core MSCI Total International Stock ETF 14.3 7 2 6.9 -0.0
VXUS Vanguard Total International Stock ETF 13.8 7 2 7.1 +0.2
EXI iShares Global Industrials ETF 13.4 42 -33 4.7 -2.3
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 13.1 32 -23 6.7 -0.3
RXI iShares Global Consumer Discretionary ETF 13.1 41 -32 5.5 -1.4
AVIV Avantis International Large Cap Value ETF 13.0 25 -16 8.9 +2.0
VIGI Vanguard International Dividend Appreciation ETF 12.7 15 -6 5.6 -1.4
RODM Hartford Multifactor Developed Markets (ex-US) ETF 12.5 29 -20 8.8 +1.8
IQDG WisdomTree International Quality Dividend Growth Fund 12.3 42 -33 5.8 -1.1
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 12.1 58 -49 5.6 -1.4
IQLT iShares MSCI Intl Quality Factor ETF 11.9 30 -21 5.7 -1.2
FDEV Fidelity International Multifactor ETF 11.9 18 -9 7.5 +0.6
SCJ iShares MSCI Japan Small-Cap ETF 11.8 50 -41 6.4 -0.6
SCZ iShares MSCI EAFE Small-Cap ETF 11.8 40 -31 0.0 -6.9
DFAX Dimensional World ex U.S. Core Equity 2 ETF 11.5 30 -21 7.8 +0.8
RODE Hartford Multifactor Diversified International ETF 11.2 29 -20 11.5 +4.6
UMMA Wahed Dow Jones Islamic World ETF 11.2 65 -56 4.3 -2.7
IQDF FlexShares International Quality Dividend Index Fund 11.1 47 -38 10.7 +3.8
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 11.1 80 -71 5.4 -1.6
JIG JPMorgan International Growth ETF 11.0 55 -46 4.3 -2.6
IQDY FlexShares International Quality Dividend Dynamic Index Fund 10.7 47 -38 10.3 +3.3
IDHQ Invesco S&P International Developed High Quality ETF 10.2 29 -20 5.8 -1.2
JHID John Hancock International High Dividend ETF 9.9 46 -37 11.5 +4.5
FIDI Fidelity International High Dividend ETF 9.8 18 -9 10.1 +3.2
CLNR IQ Cleaner Transport ETF 9.7 45 -36 8.3 +1.3
FNDC Schwab Fundamental International Small Co. Index ETF 9.2 39 -30 6.9 -0.1
DGT SPDR Global Dow ETF 8.9 50 -41 6.7 -0.3
ACWV iShares MSCI Global Min Vol Factor ETF 8.8 20 -11 6.7 -0.2
WRND IQ Global Equity R&D Leaders ETF 8.8 18 -9 7.2 +0.2
IDLV Invesco S&P International Developed Low Volatility ETF 8.2 25 -16 5.8 -1.1
BULD Pacer BlueStar Engineering the Future ETF 8.1 60 -51 1.2 -5.8
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 8.0 68 -59 8.8 +1.9
IQDE FlexShares International Quality Dividend Defensive Index ET 8.0 47 -38 10.7 +3.7
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 7.9 80 -71 5.6 -1.3
CGXU Capital Group International Focus Equity ETF 7.7 54 -45 4.1 -2.8
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 7.5 49 -40 6.7 -0.3
QWLD SPDR MSCI World StrategicFactors ETF 7.4 30 -21 6.1 -0.9
DRIV Global X Autonomous & Electric Vehicles ETF 7.4 68 -59 3.4 -3.6
KLDW Knowledge Leaders Developed World ETF 7.4 75 -66 4.9 -2.0
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 7.3 25 -16 6.1 -0.9
WWJD Inspire International ETF 7.3 80 -71 7.1 +0.2
WLDR Affinity World Leaders Equity ETF 7.1 67 -58 8.5 +1.6
JSTC Adasina Social Justice All Cap Global ETF 6.5 89 -80 4.8 -2.2
ICOW Pacer Developed Markets International Cash Cows 100 ETF 6.4 65 -56 12.8 +5.9
ESGG FlexShares STOXX Global ESG Select Index Fund 6.4 42 -33 5.1 -1.8
AIVI WisdomTree International AI Enhanced Value Fund 6.4 58 -49 8.0 +1.1
IBOT Vaneck Robotics ETF 6.4 47 -38 3.7 -3.2
EFAD ProShares MSCI EAFE Dividend Growers ETF 6.4 50 -41 5.1 -1.9
VWID Virtus WMC International Dividend ETF 6.2 49 -40 9.4 +2.5
CARZ First Trust NASDAQ Global Auto Index Fund 6.2 70 -61 3.5 -3.5
BKCI BNY Mellon Concentrated International ETF 6.1 80 -71 5.2 -1.7
URTH iShares MSCI World ETF 6.0 24 -15 5.4 -1.6
OSEA Harbor International Compounders ETF 5.9 55 -46 3.7 -3.2
DSTX Distillate International Fundamental Stability & Value ETF 5.7 55 -46 8.0 +1.1
NXTG First Trust Indxx NextG ETF 5.6 70 -61 6.0 -1.0
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 5.6 42 -33 6.8 -0.1
GLOF iShares Global Equity Factor ETF 5.6 20 -11 7.1 +0.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 5.4 20 -11 5.6 -1.3
ACWI iShares MSCI ACWI ETF 5.4 32 -23 5.5 -1.5
IVAL Alpha Architect International Quantitative Value ETF 5.4 49 -40 5.8 -1.2
DTH WisdomTree International High Dividend Fund 5.4 58 -49 10.1 +3.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 5.3 9 0 5.7 -1.2
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 5.3 47 -38 5.9 -1.0
IXP iShares Global Comm Services ETF 5.3 42 -33 5.3 -1.6
VT Vanguard Total World Stock ETF 5.2 7 2 5.8 -1.1
DWX SPDR S&P International Dividend ETF 5.1 45 -36 7.1 +0.2
IXG iShares Global Financials ETF 5.1 42 -33 6.8 -0.1
QTUM Defiance Quantum ETF 4.8 40 -31 3.9 -3.0
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 4.8 12 -3 5.1 -1.9
ROBO ROBO Global Robotics & Automation Index ETF 4.7 95 -86 2.8 -4.1
LVHI Franklin International Low Volatility High Dividend Index ET 4.7 40 -31 10.2 +3.2
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 4.6 65 -56 1.6 -5.3
NTZG Nuveen Global Net Zero Transition ETF 4.6 56 -47 4.9 -2.0
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 4.6 20 -11 10.7 +3.8
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 4.5 9 0 9.8 +2.8
SDG iShares MSCI Global Sustainable Development Goals ETF 4.5 49 -40 5.8 -1.2
GCOW Pacer Global Cash Cows Dividend ETF 4.4 60 -51 13.6 +6.7
SXUS Janus Henderson International Sustainable Equity ETF 4.4 60 -51 4.6 -2.4
KOCG FIS Knights of Columbus Global Belief ETF 4.3 75 -66 5.3 -1.7
BLES Inspire Global Hope ETF 4.3 61 -52 6.3 -0.6
GTEK Goldman Sachs Future Tech Leaders Equity ETF 4.3 75 -66 3.2 -3.8
IXJ iShares Global Healthcare ETF 4.0 42 -33 6.1 -0.8
GINN Goldman Sachs Innovate Equity ETF 3.9 52 -43 2.7 -4.2
ARVR First Trust Indxx Metaverse ETF 3.9 70 -61 2.5 -4.4
XT iShares Exponential Technologies ETF 3.7 46 -37 3.9 -3.1
BOTZ Global X Robotics & Artificial Intelligence ETF 3.7 69 -60 2.3 -4.6
KNCT Invesco Next Gen Connectivity ETF 3.7 40 -31 5.9 -1.1
FYLD Cambria Foreign Shareholder Yield ETF 3.7 59 -50 12.0 +5.0
KXI iShares Global Consumer Staples ETF 3.7 41 -32 5.6 -1.4
IXN iShares Global Tech ETF 3.6 41 -32 4.3 -2.6
TEMP JPMorgan Climate Change Solutions ETF 3.6 49 -40 4.7 -2.3
IPKW Invesco International BuyBack Achievers ETF 3.6 55 -46 9.1 +2.1
DINT Davis Select International ETF 3.6 55 -46 4.7 -2.2
MXI iShares Global Materials ETF 3.5 41 -32 6.6 -0.3
METV Roundhill Ball Metaverse ETF 3.5 59 -50 3.4 -3.6
WPS iShares International Developed Property ETF 3.4 48 -39 7.2 +0.3
VNQI Vanguard Global ex-U.S. Real Estate ETF 3.4 12 -3 8.7 +1.8
WBAT WisdomTree Battery Value Chain and Innovation Fund 3.4 45 -36 4.9 -2.0
DFIS Dimensional International Small Cap ETF 3.4 39 -30 6.7 -0.2
IGPT Invesco AI and Next Gen Software ETF 3.3 60 -51 3.8 -3.2
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 3.1 10 -1 8.2 +1.2
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 3.0 47 -38 0.7 -6.3
HYDR Global X Hydrogen ETF 3.0 50 -41 -13.6 -20.5
FID First Trust S&P International Dividend Aristocrats ETF 2.9 60 -51 9.8 +2.9
DFJ WisdomTree Japan SmallCap Dividend Fund 2.9 58 -49 7.5 +0.6
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 2.9 58 -49 7.2 +0.3
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 2.9 75 -66 5.2 -1.7
BTEK Future Tech ETF 2.9 88 -79 2.1 -4.9
WDIV SPDR S&P Global Dividend ETF 2.9 40 -31 10.2 +3.3
DLS WisdomTree International SmallCap Dividend Fund 2.8 58 -49 8.8 +1.8
IOO iShares Global 100 ETF 2.8 41 -32 4.8 -2.1
TTAI FCF International Quality ETF 2.8 59 -50 7.4 +0.4
IFGL iShares International Developed Real Estate ETF 2.7 48 -39 7.0 +0.1
AGQI First Trust Active Global Quality Income ETF 2.7 85 -76 5.8 -1.1
ERET iShares Environmentally Aware Real Estate ETF 2.7 30 -21 7.3 +0.3
GSFP Goldman Sachs Future Planet Equity ETF 2.5 75 -66 4.5 -2.4
GDVD R3 Global Dividend Growth ETF 2.5 88 -79 5.8 -1.1
BNE Blue Horizon BNE ETF 2.5 87 -78 5.0 -2.0
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 2.4 45 -36 6.2 -0.7
SCHY Schwab International Dividend Equity ETF 2.4 14 -5 9.3 +2.3
IVRS iShares Future Metaverse Tech and Communications ETF 2.4 47 -38 -5.3 -12.3
RAYD Rayliant Quantitative Developed Market Equity ETF 2.3 80 -71 4.5 -2.4
IQM Franklin Intelligent Machines ETF 2.3 50 -41 3.1 -3.9
IDOG ALPS International Sector Dividend Dogs ETF 2.3 50 -41 11.6 +4.7
AVDV Avantis International Small Cap Value ETF 2.2 36 -27 8.0 +1.0
DMDV AAM S&P Developed Markets High Dividend Value ETF 2.1 39 -30 12.7 +5.7
NERD Roundhill Video Games ETF 2.1 50 -41 8.0 +1.1
CGGO Capital Group Global Growth Equity ETF 2.0 47 -38 4.3 -2.6
RWO SPDR Dow Jones Global Real Estate ETF 2.0 50 -41 6.9 -0.0
RWX SPDR Dow Jones International Real Estate ETF 2.0 59 -50 7.2 +0.3
ESPO VanEck Video Gaming and eSports ETF 2.0 56 -47 4.5 -2.5
ODDS Pacer BlueStar Digital Entertainment ETF 2.0 60 -51 3.0 -3.9
DTEC ALPS Disruptive Technologies ETF 1.9 50 -41 3.3 -3.7
SHPP Pacer Industrials and Logistics ETF 1.9 60 -51 8.9 +1.9
GGME Invesco Next Gen Media and Gaming ETF 1.9 60 -51 4.1 -2.9
CANC Tema Oncology ETF 1.9 75 -66 -4.4 -11.3
CID VictoryShares International High Div Volatility Wtd ETF 1.8 45 -36 9.5 +2.5
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 1.8 68 -59 5.3 -1.7
HERO Global X Video Games & Esports ETF 1.8 50 -41 5.1 -1.9
FAN First Trust Global Wind Energy ETF 1.8 60 -51 5.5 -1.4
AIQ Global X Artificial Intelligence & Technology ETF 1.7 68 -59 4.2 -2.8
URA Global X Uranium ETF 1.7 69 -60 3.9 -3.1
GQRE FlexShares Global Quality Real Estate Index Fund 1.7 45 -36 6.9 -0.1
BECO BlackRock Future Climate and Sustainable Economy ETF 1.6 70 -61 13.7 +6.8
AGNG Global X Aging Population ETF 1.6 50 -41 4.1 -2.8
GDOC Goldman Sachs Future Health Care Equity ETF 1.6 75 -66 3.2 -3.8
DEW WisdomTree Global High Dividend Fund 1.6 58 -49 9.1 +2.2
ANEW ProShares MSCI Transformational Changes ETF 1.6 45 -36 3.3 -3.6
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.6 65 -56 8.4 +1.4
ISCF iShares International SmallCap Equity Factor ETF 1.5 23 -14 8.8 +1.8
BATT Amplify Lithium & Battery Technology ETF 1.4 59 -50 2.9 -4.0
IWFH iShares Virtual Work and Life Multisector ETF 1.4 47 -38 -3.5 -10.4
DISV Dimensional International Small Cap Value ETF 1.4 42 -33 9.2 +2.3
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 1.4 80 -71 11.0 +4.1
FPAG FPA Global Equity ETF 1.4 49 -40 5.7 -1.3
FMET Fidelity Metaverse ETF 1.4 39 -30 4.4 -2.6
DFGR Dimensional Global Real Estate ETF 1.4 22 -13 7.1 +0.1
REET iShares Global REIT ETF 1.4 14 -5 7.1 +0.2
AVRE Avantis Real Estate ETF 1.3 17 -8 6.6 -0.3
MOTO SmartETFs Smart Transportation & Technology ETF 1.3 68 -59 6.6 -0.3
EFAS Global X MSCI SuperDividend EAFE ETF 1.3 57 -48 9.7 +2.7
TMFG Motley Fool Global Opportunities ETF 1.2 85 -76 3.3 -3.7
CGV Conductor Global Equity Value ETF 1.2 130 -121 11.3 +4.4
FIXT Procure Disaster Recovery Strategy ETF 1.2 75 -66 5.7 -1.3
PSP Invesco Global Listed Private Equity ETF 1.2 106 -97 9.1 +2.2
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.2 58 -49 4.6 -2.4
FPXI First Trust International Equity Opportunities ETF 1.2 70 -61 3.6 -3.3
JRNY ALPS Global Travel Beneficiaries ETF 1.1 65 -56 0.0 -6.9
IDNA iShares Genomics Immunology and Healthcare ETF 1.1 47 -38 -5.2 -12.1
PICK iShares MSCI Global Metals & Mining Producers ETF 1.1 39 -30 11.0 +4.0
IQRA IQ CBRE Real Assets ETF 1.1 65 -56 5.9 -1.0
HAP VanEck Natural Resources ETF 1.0 50 -41 9.5 +2.5
GWX SPDR S&P International Small Cap ETF 1.0 40 -31 6.6 -0.4
TINY ProShares Nanotechnology ETF 1.0 58 -49 1.9 -5.1
OCEN IQ Clean Oceans ETF 1.0 45 -36 5.3 -1.7
ION ProShares S&P Global Core Battery Metals ETF 1.0 58 -49 11.6 +4.7
WDNA WisdomTree BioRevolution Fund 0.9 45 -36 -4.5 -11.5
MOTG VanEck Morningstar Global Wide Moat ETF 0.9 52 -43 5.8 -1.2
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.9 72 -63 2.2 -4.8
EV Mast Global Battery Recycling & Production ETF 0.9 65 -56 12.8 +5.8
IDRV iShares Self-driving EV & Tech ETF 0.9 47 -38 -0.5 -7.5
LIT Global X Lithium & Battery Tech ETF 0.8 75 -66 10.2 +3.3
SEA U.S. Global Sea to Sky Cargo ETF 0.8 60 -51 24.1 +17.1
IDAT iShares Future Cloud 5G and Tech ETF 0.8 47 -38 4.5 -2.4
SANE Subversive Mental Health ETF 0.8 75 -66 0.0 -6.9
FDVV Fidelity High Dividend ETF 0.8 15 -6 8.9 +2.0
FILL iShares MSCI Global Energy Producers ETF 0.8 39 -30 9.0 +2.1
CHAT Roundhill Generative AI & Technology ETF 0.7 75 -66 4.2 -2.7
JXI iShares Global Utilities ETF 0.7 43 -34 6.7 -0.3
SAGP Strategas Global Policy Opportunities ETF 0.7 65 -56 4.5 -2.4
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.6 56 -47 13.9 +7.0
FTAG First Trust Indxx Global Agriculture ETF 0.6 70 -61 9.1 +2.2
HTEC ROBO Global Healthcare Technology and Innovation ETF 0.6 68 -59 1.1 -5.8
FDNI First Trust Dow Jones International Internet ETF 0.6 65 -56 2.8 -4.2
WTAI WisdomTree Artificial Intelligence and Innovation Fund 0.6 45 -36 1.4 -5.6
HJEN Direxion Hydrogen ETF 0.6 45 -36 -3.2 -10.1
ARKX ARK Space Exploration & Innovation ETF 0.6 75 -66 1.7 -5.2
FDRR Fidelity Dividend ETF for Rising Rates 0.5 15 -6 7.9 +1.0
GNR SPDR S&P Global Natural Resources ETF 0.5 40 -31 9.2 +2.2
TINT ProShares Smart Materials ETF 0.5 58 -49 5.6 -1.3
IXC iShares Global Energy ETF 0.5 44 -35 8.2 +1.3
ERTH Invesco MSCI Sustainable Future ETF 0.5 62 -53 3.7 -3.3
AZTD Aztlan Global Stock Selection DM SMID ETF 0.5 75 -66 6.6 -0.3
SNSR Global X Internet of Things ETF 0.5 68 -59 4.3 -2.7
IBLC iShares Blockchain and Tech ETF 0.5 47 -38 -1.0 -7.9
CRAK VanEck Oil Refiners ETF 0.5 61 -52 13.1 +6.1
GLIF AGF Global Infrastructure ETF 0.5 45 -36 5.5 -1.5
BOAT SonicShares Global Shipping ETF 0.5 69 -60 29.1 +22.2
SUPL ProShares Supply Chain Logistics ETF 0.4 58 -49 13.1 +6.1
MOTI VanEck Morningstar International Moat ETF 0.4 58 -49 6.9 -0.0
MOO VanEck Agribusiness ETF 0.4 53 -44 9.4 +2.4
VEGI iShares MSCI Agriculture Producers ETF 0.4 39 -30 9.2 +2.3
ETEC iShares Breakthrough Environmental Solutions ETF 0.4 47 -38 5.3 -1.6
PIO Invesco Global Water ETF 0.4 75 -66 4.9 -2.0
LNGG Roundhill Alerian LNG ETF 0.4 65 -56 8.5 +1.6
ROOF IQ CBRE NextGen Real Estate ETF 0.4 60 -51 7.9 +1.0
ISHP First Trust Nasdaq Retail ETF 0.4 60 -51 3.2 -3.8
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.4 46 -37 8.8 +1.9
EFRA iShares Environmental Infrastructure and Industrials ETF 0.4 47 -38 5.2 -1.7
OND ProShares On-Demand ETF 0.4 58 -49 -2.5 -9.4
HART IQ Healthy Hearts ETF 0.4 45 -36 5.3 -1.6
KROP Global X AgTech & Food Innovation ETF 0.3 50 -41 4.7 -2.3
IVEG iShares Emergent Food and AgTech Multisector ETF 0.3 47 -38 8.3 +1.3
EATV VegTech Plant-based Innovation & Climate ETF 0.3 75 -66 1.0 -5.9
KCAL Subversive Food Security ETF 0.3 75 -66 0.0 -6.9
LUXX Roundhill S&P Global Luxury ETF 0.3 45 -36 2.7 -4.2
KOIN Capital Link Global Fintech Leaders ETF 0.3 75 -66 4.6 -2.3
BLOK Amplify Transformational Data Sharing ETF 0.3 75 -66 1.1 -5.8
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.3 85 -76 4.9 -2.1
BCDF Horizon Kinetics Blockchain Development ETF 0.3 85 -76 -0.7 -7.7
DTRE First Trust Alerian Disruptive Technology Real Estate ETF 0.3 60 -51 3.9 -3.1
WTRE WisdomTree New Economy Real Estate Fund 0.3 58 -49 5.0 -1.9
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.3 46 -37 5.6 -1.4
EBLU Ecofin Global Water ESG Fund 0.3 40 -31 3.9 -3.0
CRUZ Defiance Hotel Airline and Cruise ETF 0.3 45 -36 -4.9 -11.9
HDRO Defiance Next Gen H2 ETF 0.2 30 -21 -11.1 -18.0
TRFK Pacer Data and Digital Revolution ETF 0.2 60 -51 4.0 -2.9
MRAD SmartETFs Advertising & Marketing Technology ETF 0.2 68 -59 4.2 -2.8
FICS First Trust International Developed Capital Strength ETF 0.2 70 -61 6.1 -0.8
RITA ETFB Green SRI REITs ETF 0.2 50 -41 6.0 -1.0
VIDI Vident International Equity Strategy ETF 0.2 61 -52 11.9 +5.0
STCE Schwab Crypto Thematic ETF 0.2 30 -21 -8.0 -14.9
JETS U.S. Global Jets ETF 0.2 60 -51 -15.6 -22.5
GMET VanEck Green Metals ETF 0.2 63 -54 9.8 +2.9
COPX Global X Copper Miners ETF 0.2 65 -56 6.9 -0.0
PRNT 3D Printing ETF 0.2 66 -57 -4.1 -11.0
SOCL Global X Social Media ETF 0.2 65 -56 -5.8 -12.7
WOOD iShares Global Timber & Forestry ETF 0.2 42 -33 9.6 +2.7
ICLN iShares Global Clean Energy ETF 0.2 41 -32 4.3 -2.7
EBIZ Global X E-Commerce ETF 0.2 50 -41 1.2 -5.8
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 0.2 61 -52 -4.0 -11.0
SATO Invesco Alerian Galaxy Crypto Economy ETF 0.2 61 -52 -13.0 -19.9
BKCH Global X Blockchain ETF 0.2 50 -41 -5.2 -12.1
OGIG ALPS O'Shares Global Internet Giants ETF 0.1 48 -39 0.5 -6.5
ARKF ARK Fintech Innovation ETF 0.1 75 -66 -2.2 -9.2
DMAT Global X Disruptive Materials ETF 0.1 59 -50 9.9 +3.0
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.1 86 -77 1.9 -5.0
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 0.1 86 -77 1.9 -5.0
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.1 60 -51 0.9 -6.0
LOUP Innovator Deepwater Frontier Tech ETF 0.1 70 -61 2.3 -4.6
MVPS Amplify Thematic All-Stars ETF 0.1 49 -40 1.7 -5.3
WCBR WisdomTree Cybersecurity Fund 0.1 45 -36 1.9 -5.1
XDAT Franklin Exponential Data ETF 0.1 50 -41 2.9 -4.1
SPAM Themes Cybersecurity ETF 0.1 35 -26 2.0 -5.0
CIBR First Trust NASDAQ Cybersecurity ETF 0.1 60 -51 3.9 -3.0
CLOD Themes Cloud Computing ETF 0.1 35 -26 3.7 -3.3
BUG Global X Cybersecurity ETF 0.1 51 -42 2.4 -4.5
IHAK iShares Cybersecurity & Tech ETF 0.1 47 -38 3.2 -3.8
HACK ETFMG Prime Cyber Security ETFMG Prime Cyber Security Fund 0.1 60 -51 3.8 -3.1
CUT Invesco MSCI Global Timber ETF 0.1 61 -52 8.6 +1.6
AQWA Global X Clean Water ETF 0.1 50 -41 4.3 -2.7
CGW Invesco S&P Global Water Index ETF 0.1 57 -48 3.8 -3.2
IWTR iShares MSCI Water Management Multisector ETF 0.1 47 -38 4.8 -2.1
AHOY Newday Ocean Health ETF 0.1 75 -66 5.6 -1.3
BLLD JPMorgan Sustainable Infrastructure ETF 0.1 49 -40 6.2 -0.8
IPOS Renaissance International IPO ETF 0.1 80 -71 -168.9 -175.8
DVYA iShares Asia/Pacific Dividend ETF 0.1 49 -40 9.1 +2.2
GREI Goldman Sachs Future Real Estate and Infrastructure Equity E 0.1 75 -66 4.9 -2.1
IVES Wedbush ETFMG Global Cloud Technology ETF 0.1 68 -59 1.4 -5.5
INDS Pacer Industrial Real Estate ETF 0.1 55 -46 6.2 -0.7
BUYZ Franklin Disruptive Commerce ETF 0.1 50 -41 2.1 -4.9
IBUY Amplify Online Retail ETF 0.1 65 -56 1.8 -5.2
SMOG VanEck Low Carbon Energy ETF 0.1 61 -52 3.0 -3.9
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 0.1 75 -66 7.8 +0.9
IGF iShares Global Infrastructure ETF 0.1 41 -32 5.0 -2.0
GII SPDR S&P Global Infrastructure ETF 0.1 40 -31 5.0 -2.0
FDIG Fidelity Crypto Industry and Digital Payments ETF 0.0 39 -30 -1.3 -8.3
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 0.0 75 -66 5.4 -1.6
FDHT Fidelity Digital Health ETF 0.0 39 -30 -2.4 -9.4
PBD Invesco Global Clean Energy ETF 0.0 75 -66 -3.9 -10.8
SCHC Schwab International Small-Cap Equity ETF 0.0 11 -2 6.4 -0.5
BJK VanEck Gaming ETF 0.0 65 -56 1.8 -5.1
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.0 7 2 6.5 -0.4

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 Japan Hedged 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 9.3 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 9 bp
Equals: ALTAR Score 6.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.51 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.