Franklin FTSE South Korea ETF
ALTAR
Score™		 9.4% info Recommen-
dation		 SPECULATIVE
2024E    2025E
P/E
ratio		 10.0x P/Sales
ratio		 0.6x
P/BV
ratio		 0.9x Div.
yield		 2.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
FLKR tracks a market-cap-weighted index of large- and midcap South Korean companies. lf

FUND BASICS
Category International Equities
Fund Sponsor Franklin Templeton
Website www.libertyshares.com
Inception date Nov 02, 2017
Assets (mns) $285
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 162
Wgt avg mkt cap (mns) $99,797
Large cap (>$10bn) 70.0%
Mid cap ($2-10bn) 25.3%
Small cap (<$2bn) 4.7%
Developed mkts 0.0%
Emerging mkts 100.0%

TOP TEN HOLDINGS
SAMSUNG ELECTRONICS CO LTD 16.4 %
HYNIX SEMICONDUCTOR INC 8.3 %
HYUNDAI MOTOR CO 3.4 %
POSCO 3.2 %
KIA MOTORS CORPORATION 3.0 %
NHN CORP 2.8 %
CELLTRION INC 2.7 %
SAMSUNG ELECTRONICS-PFD 2.5 %
KB FINANCIAL GROUP INC 2.4 %
SHINHAN FINANCIAL GROUP LTD 2.1 %
Total 46.7 %

TOP COUNTRY EXPOSURE
SOUTH KOREA 97.1 %










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.
-1.5% 8.8% 3.4% -- -0.2%

Market Correlations
versus... Beta R-squared
S&P500 1.22 65%
MSCI EAFE 1.41 80%
MSCI Emg. Mkts. 1.32 75%

Technical Indicators
Recent close $21.82
30d moving avg. $21.30
Annualized volatility 26.9%
Short interest (ETF) 1.2%
Relative strength (RSI) 61

Liquidity measures
Avg. volume (thou.) 78
Turnover 0.6%
Bid/Ask (% of price) 0.28%
ADV underlying (mns) $7,873

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 232 potential alternatives to the Franklin FTSE South Korea ETF ETF based on the alternatives' overlap in portfolio holdings with FLKR. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FLKR Expense: 9 bp ALTAR Score™: 9.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FLKR
Ticker Fund
Name		 Overlap1
vs FLKR
(%)		 Expense
ratio
(bp)		 Savings
vs FLKR
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs FLKR
(%)
EWY iShares MSCI South Korea ETF 83.6 58 -49 8.5 -0.9
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 26.3 80 -71 10.0 +0.6
AIA iShares Asia 50 ETF 23.4 50 -41 6.9 -2.5
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 18.1 24 -15 7.1 -2.2
FRDM Freedom 100 Emerging Markets ETF 16.8 49 -40 7.3 -2.0
EMXC iShares MSCI Emerging Markets ex China ETF 15.9 25 -16 6.7 -2.7
XC WisdomTree Emerging Markets Ex-China Fund 15.5 32 -23 6.2 -3.2
EEMA iShares MSCI Emerging Markets Asia ETF 15.1 49 -40 6.7 -2.7
XCEM Columbia EM Core ex-China ETF 15.1 16 -7 7.4 -2.0
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 14.8 88 -79 6.2 -3.2
STXE Strive Emerging Markets Ex-China ETF 14.8 32 -23 6.9 -2.5
AAXJ iShares MSCI All Country Asia ex Japan ETF 13.8 70 -61 6.3 -3.1
FLAX Franklin FTSE Asia Ex Japan ETF 13.8 19 -10 7.2 -2.2
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 13.6 18 -9 7.9 -1.5
DEHP Dimensional Emerging Markets High Profitability ETF 13.5 41 -32 7.3 -2.1
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 13.4 50 -41 10.5 +1.2
EMDM First Trust Bloomberg Emerging Market Democracies ETF 13.4 75 -66 9.6 +0.2
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 12.8 30 -21 7.5 -1.9
JHEM John Hancock Multifactor Emerging Markets ETF 12.7 49 -40 8.3 -1.0
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 12.6 32 -23 6.3 -3.1
MINV Matthews Asia Innovators Active ETF 12.4 79 -70 2.8 -6.5
EMGF iShares Emerging Markets Equity Factor ETF 12.4 25 -16 8.7 -0.7
ESGE iShares ESG Aware MSCI EM ETF 12.2 25 -16 7.7 -1.7
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 12.0 36 -27 7.5 -1.9
BKEM BNY Mellon Emerging Markets Equity ETF 12.0 11 -2 7.7 -1.7
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 11.9 33 -24 7.2 -2.2
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 11.8 66 -57 7.2 -2.2
EEM iShares MSCI Emerging Markets ETF 11.7 69 -60 7.0 -2.4
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 11.6 45 -36 8.6 -0.8
VPL Vanguard FTSE Pacific ETF 11.4 8 1 7.0 -2.4
DFEV Dimensional Emerging Markets Value ETF 11.4 43 -34 10.9 +1.5
NUEM Nuveen ESG Emerging Markets Equity ETF 11.3 36 -27 6.8 -2.6
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 11.1 32 -23 7.6 -1.8
ROAM Hartford Multifactor Emerging Markets ETF 10.9 44 -35 11.7 +2.3
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 10.6 15 -6 7.1 -2.3
IEMG iShares Core MSCI Emerging Markets ETF 10.4 9 0 7.5 -1.8
EMC Global X Emerging Markets Great Consumer ETF 10.2 75 -66 4.9 -4.5
IMFL Invesco International Developed Dynamic Multifactor ETF 9.7 34 -25 10.6 +1.3
AVES Avantis Emerging Markets Value ETF 9.4 36 -27 12.1 +2.7
FDEM Fidelity Emerging Markets Multifactor ETF 9.3 25 -16 11.9 +2.6
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 9.2 41 -32 7.8 -1.6
DFAE Dimensional Emerging Core Equity Market ETF 9.2 35 -26 7.7 -1.7
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 9.2 60 -51 0.9 -8.4
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 8.9 95 -86 11.4 +2.0
JPIN J.P. Morgan Diversified Return International Equity ETF 8.0 37 -28 8.7 -0.7
DFEM Dimensional Emerging Markets Core Equity 2 ETF 8.0 38 -29 8.2 -1.2
CARZ First Trust NASDAQ Global Auto Index Fund 7.8 70 -61 3.5 -5.9
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 7.7 59 -50 9.6 +0.2
FMET Fidelity Metaverse ETF 7.6 39 -30 4.4 -5.0
EV Mast Global Battery Recycling & Production ETF 7.5 65 -56 12.8 +3.4
UIVM VictoryShares International Value Momentum ETF 7.5 35 -26 10.7 +1.3
KNCT Invesco Next Gen Connectivity ETF 7.5 40 -31 5.9 -3.5
AVEM Avantis Emerging Markets Equity ETF 7.4 33 -24 9.1 -0.3
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 7.2 30 -21 8.5 -0.8
FDT First Trust Developed Markets ex-US AlphaDEX Fund 7.2 80 -71 10.8 +1.4
EMMF WisdomTree Emerging Markets Multifactor Fund 7.0 48 -39 9.4 -0.0
EMM Global X Emerging Markets ex-China ETF 6.9 75 -66 3.7 -5.7
MOTO SmartETFs Smart Transportation & Technology ETF 6.8 68 -59 6.6 -2.8
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 6.7 40 -31 7.1 -2.2
LDEM iShares ESG MSCI EM Leaders ETF 6.6 17 -8 7.7 -1.6
EMXF iShares ESG Advanced MSCI EM ETF 6.5 16 -7 7.4 -1.9
BNE Blue Horizon BNE ETF 6.5 87 -78 5.0 -4.4
FNDF Schwab Fundamental International Large Co. Index ETF 6.4 25 -16 9.1 -0.3
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 6.3 25 -16 7.0 -2.3
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 6.2 72 -63 2.2 -7.2
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 6.0 20 -11 7.5 -1.9
FGD First Trust Dow Jones Global Select Dividend Index Fund 6.0 56 -47 13.9 +4.5
GGME Invesco Next Gen Media and Gaming ETF 5.8 60 -51 4.1 -5.3
DINT Davis Select International ETF 5.6 55 -46 4.7 -4.7
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 5.5 86 -77 1.9 -7.4
BATT Amplify Lithium & Battery Technology ETF 5.4 59 -50 2.9 -6.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 5.3 49 -40 6.7 -2.7
LOUP Innovator Deepwater Frontier Tech ETF 5.2 70 -61 2.3 -7.1
IDRV iShares Self-driving EV & Tech ETF 5.2 47 -38 -0.5 -9.9
EEMD AAM S&P Emerging Markets High Dividend Value ETF 5.1 49 -40 19.0 +9.6
DRIV Global X Autonomous & Electric Vehicles ETF 5.0 68 -59 3.4 -6.0
METV Roundhill Ball Metaverse ETF 5.0 59 -50 3.4 -6.0
RODE Hartford Multifactor Diversified International ETF 5.0 29 -20 11.5 +2.2
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 4.9 58 -49 10.1 +0.8
CHAT Roundhill Generative AI & Technology ETF 4.9 75 -66 4.2 -5.1
HFXI IQ FTSE International Equity Currency Neutral ETF 4.9 20 -11 6.8 -2.6
KPOP KPOP and Korean Entertainment ETF 4.8 75 -66 -9.1 -18.4
MEM Matthews Emerging Markets Equity Active ETF 4.7 79 -70 5.7 -3.6
UMMA Wahed Dow Jones Islamic World ETF 4.6 65 -56 4.3 -5.1
AIQ Global X Artificial Intelligence & Technology ETF 4.6 68 -59 4.2 -5.2
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 4.5 42 -33 6.8 -2.6
DSTX Distillate International Fundamental Stability & Value ETF 4.5 55 -46 8.0 -1.3
SOCL Global X Social Media ETF 4.3 65 -56 -5.8 -15.1
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 4.3 86 -77 1.9 -7.4
EYLD Cambria Emerging Shareholder Yield ETF 4.3 66 -57 12.1 +2.7
TPIF Timothy Plan International ETF 4.2 62 -53 6.7 -2.7
WTAI WisdomTree Artificial Intelligence and Innovation Fund 4.2 45 -36 1.4 -8.0
VIDI Vident International Equity Strategy ETF 4.2 61 -52 11.9 +2.6
SCHF Schwab International Equity ETF 4.1 6 3 7.0 -2.4
DWLD Davis Select Worldwide ETF 4.1 63 -54 5.6 -3.7
WRND IQ Global Equity R&D Leaders ETF 4.1 18 -9 7.2 -2.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 4.1 45 -36 8.5 -0.9
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 4.1 79 -70 5.1 -4.2
ICOW Pacer Developed Markets International Cash Cows 100 ETF 4.0 65 -56 12.8 +3.4
FNDC Schwab Fundamental International Small Co. Index ETF 4.0 39 -30 6.9 -2.5
VEA Vanguard FTSE Developed Markets ETF 3.9 5 4 7.0 -2.4
LIT Global X Lithium & Battery Tech ETF 3.9 75 -66 10.2 +0.9
FDNI First Trust Dow Jones International Internet ETF 3.9 65 -56 2.8 -6.6
DEM WisdomTree Emerging Markets High Dividend Fund 3.9 63 -54 12.9 +3.5
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 3.8 24 -15 8.6 -0.8
FDRV Fidelity Electric Vehicles and Future Transportation ETF 3.7 39 -30 -3.5 -12.9
IDV iShares International Select Dividend ETF 3.7 51 -42 12.3 +3.0
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 3.4 80 -71 11.0 +1.7
VSGX Vanguard ESG International Stock ETF 3.4 12 -3 6.8 -2.5
EEMS iShares MSCI Emerging Markets Small Cap ETF 3.3 70 -61 7.2 -2.1
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 3.3 51 -42 6.8 -2.6
SDG iShares MSCI Global Sustainable Development Goals ETF 3.3 49 -40 5.8 -3.6
ACWX iShares MSCI ACWI ex U.S. ETF 3.3 34 -25 6.7 -2.7
CIL VictoryShares International Volatility Wtd ETF 3.3 45 -36 6.9 -2.5
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 3.3 41 -32 6.7 -2.7
WBAT WisdomTree Battery Value Chain and Innovation Fund 3.2 45 -36 4.9 -4.5
VEU Vanguard FTSE All-World ex-US Index Fund 3.2 8 1 7.2 -2.2
EELV Invesco S&P Emerging Markets Low Volatility ETF 3.1 29 -20 8.3 -1.1
IXUS iShares Core MSCI Total International Stock ETF 3.0 7 2 6.9 -2.5
IXN iShares Global Tech ETF 3.0 41 -32 4.3 -5.0
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 3.0 45 -36 6.2 -3.1
VXUS Vanguard Total International Stock ETF 2.9 7 2 7.1 -2.2
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 2.9 60 -51 10.0 +0.6
BTEK Future Tech ETF 2.9 88 -79 2.1 -7.3
NXTG First Trust Indxx NextG ETF 2.9 70 -61 6.0 -3.4
SPDW SPDR Portfolio Developed World ex-US ETF 2.7 3 6 6.9 -2.5
EEMO Invesco S&P Emerging Markets Momentum ETF 2.6 29 -20 6.2 -3.2
CGXU Capital Group International Focus Equity ETF 2.6 54 -45 4.1 -5.2
AGNG Global X Aging Population ETF 2.5 50 -41 4.1 -5.2
AGQI First Trust Active Global Quality Income ETF 2.5 85 -76 5.8 -3.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 2.4 30 -21 7.8 -1.6
URA Global X Uranium ETF 2.4 69 -60 3.9 -5.5
IGPT Invesco AI and Next Gen Software ETF 2.3 60 -51 3.8 -5.6
SMOG VanEck Low Carbon Energy ETF 2.2 61 -52 3.0 -6.3
PICK iShares MSCI Global Metals & Mining Producers ETF 2.2 39 -30 11.0 +1.6
KOIN Capital Link Global Fintech Leaders ETF 2.2 75 -66 4.6 -4.8
FPAG FPA Global Equity ETF 2.1 49 -40 5.7 -3.7
GLOF iShares Global Equity Factor ETF 2.1 20 -11 7.1 -2.3
CWI SPDR MSCI ACWI ex-US ETF 2.1 30 -21 6.8 -2.6
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 2.0 80 -71 5.6 -3.7
CID VictoryShares International High Div Volatility Wtd ETF 2.0 45 -36 9.5 +0.1
ETEC iShares Breakthrough Environmental Solutions ETF 2.0 47 -38 5.3 -4.0
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 2.0 58 -49 4.6 -4.8
CTEC Global X CleanTech ETF 2.0 50 -41 1.0 -8.4
PBD Invesco Global Clean Energy ETF 1.9 75 -66 -3.9 -13.2
XT iShares Exponential Technologies ETF 1.7 46 -37 3.9 -5.5
VYMI Vanguard International High Dividend Yield ETF 1.7 22 -13 9.7 +0.3
WWJD Inspire International ETF 1.6 80 -71 7.1 -2.2
ERTH Invesco MSCI Sustainable Future ETF 1.6 62 -53 3.7 -5.7
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 1.6 47 -38 0.7 -8.7
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.5 61 -52 -4.0 -13.4
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.5 65 -56 8.4 -1.0
IQDE FlexShares International Quality Dividend Defensive Index ET 1.4 47 -38 10.7 +1.3
MXI iShares Global Materials ETF 1.4 41 -32 6.6 -2.7
GINN Goldman Sachs Innovate Equity ETF 1.4 52 -43 2.7 -6.7
DWX SPDR S&P International Dividend ETF 1.4 45 -36 7.1 -2.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.3 20 -11 5.6 -3.8
ISHP First Trust Nasdaq Retail ETF 1.3 60 -51 3.2 -6.2
HERO Global X Video Games & Esports ETF 1.3 50 -41 5.1 -4.3
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 1.3 75 -66 5.2 -4.2
NERD Roundhill Video Games ETF 1.3 50 -41 8.0 -1.3
HELX Franklin Genomic Advancements ETF 1.3 50 -41 1.7 -7.7
IVRS iShares Future Metaverse Tech and Communications ETF 1.3 47 -38 -5.3 -14.7
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 1.3 20 -11 10.7 +1.3
CRAK VanEck Oil Refiners ETF 1.3 61 -52 13.1 +3.7
CLNR IQ Cleaner Transport ETF 1.3 45 -36 8.3 -1.1
ACWI iShares MSCI ACWI ETF 1.2 32 -23 5.5 -3.9
CGGO Capital Group Global Growth Equity ETF 1.2 47 -38 4.3 -5.1
TTAI FCF International Quality ETF 1.2 59 -50 7.4 -2.0
BECO BlackRock Future Climate and Sustainable Economy ETF 1.2 70 -61 13.7 +4.4
IOO iShares Global 100 ETF 1.2 41 -32 4.8 -4.6
GTEK Goldman Sachs Future Tech Leaders Equity ETF 1.2 75 -66 3.2 -6.2
CGV Conductor Global Equity Value ETF 1.2 130 -121 11.3 +2.0
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.2 65 -56 1.6 -7.7
GWX SPDR S&P International Small Cap ETF 1.2 40 -31 6.6 -2.8
WDIV SPDR S&P Global Dividend ETF 1.1 40 -31 10.2 +0.9
FID First Trust S&P International Dividend Aristocrats ETF 1.1 60 -51 9.8 +0.5
VT Vanguard Total World Stock ETF 1.1 7 2 5.8 -3.5
GCOW Pacer Global Cash Cows Dividend ETF 1.1 60 -51 13.6 +4.3
SATO Invesco Alerian Galaxy Crypto Economy ETF 1.0 61 -52 -13.0 -22.3
SHLD Global X Defense Tech ETF 1.0 50 -41 4.8 -4.5
NTZG Nuveen Global Net Zero Transition ETF 1.0 56 -47 4.9 -4.4
OND ProShares On-Demand ETF 0.9 58 -49 -2.5 -11.8
ESPO VanEck Video Gaming and eSports ETF 0.9 56 -47 4.5 -4.9
RXI iShares Global Consumer Discretionary ETF 0.9 41 -32 5.5 -3.8
JSTC Adasina Social Justice All Cap Global ETF 0.9 89 -80 4.8 -4.6
IDHQ Invesco S&P International Developed High Quality ETF 0.9 29 -20 5.8 -3.6
BLES Inspire Global Hope ETF 0.8 61 -52 6.3 -3.1
IQDF FlexShares International Quality Dividend Index Fund 0.8 47 -38 10.7 +1.3
MVPS Amplify Thematic All-Stars ETF 0.8 49 -40 1.7 -7.7
MOTI VanEck Morningstar International Moat ETF 0.8 58 -49 6.9 -2.4
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.8 12 -3 5.1 -4.3
DEW WisdomTree Global High Dividend Fund 0.8 58 -49 9.1 -0.3
QINT American Century Quality Diversified International ETF 0.7 39 -30 7.4 -2.0
LUXX Roundhill S&P Global Luxury ETF 0.7 45 -36 2.7 -6.6
BOAT SonicShares Global Shipping ETF 0.6 69 -60 29.1 +19.8
CRUZ Defiance Hotel Airline and Cruise ETF 0.6 45 -36 -4.9 -14.3
SCHY Schwab International Dividend Equity ETF 0.6 14 -5 9.3 -0.1
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.6 47 -38 10.3 +0.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.6 9 0 5.7 -3.6
SUPL ProShares Supply Chain Logistics ETF 0.5 58 -49 13.1 +3.7
VIGI Vanguard International Dividend Appreciation ETF 0.5 15 -6 5.6 -3.8
IXP iShares Global Comm Services ETF 0.5 42 -33 5.3 -4.0
SIL Global X Silver Miners ETF 0.5 65 -56 2.6 -6.8
CGUS Capital Group Core Equity ETF 0.4 33 -24 4.7 -4.7
JRNY ALPS Global Travel Beneficiaries ETF 0.4 65 -56 0.0 -9.4
TINT ProShares Smart Materials ETF 0.4 58 -49 5.6 -3.7
IGRO iShares International Dividend Growth ETF 0.4 15 -6 7.1 -2.3
BLLD JPMorgan Sustainable Infrastructure ETF 0.3 49 -40 6.2 -3.2
IXG iShares Global Financials ETF 0.3 42 -33 6.8 -2.5
FILL iShares MSCI Global Energy Producers ETF 0.3 39 -30 9.0 -0.4
PIO Invesco Global Water ETF 0.3 75 -66 4.9 -4.5
AQWA Global X Clean Water ETF 0.3 50 -41 4.3 -5.1
CGW Invesco S&P Global Water Index ETF 0.3 57 -48 3.8 -5.6
RAYS Global X Solar ETF 0.3 51 -42 4.7 -4.7
TAN Invesco Solar ETF 0.3 67 -58 6.2 -3.2
ICLN iShares Global Clean Energy ETF 0.3 41 -32 4.3 -5.1
IXJ iShares Global Healthcare ETF 0.3 42 -33 6.1 -3.3
IBRN iShares Neuroscience and Healthcare ETF 0.3 47 -38 -5.0 -14.3
OCEN IQ Clean Oceans ETF 0.3 45 -36 5.3 -4.1
TEMP JPMorgan Climate Change Solutions ETF 0.2 49 -40 4.7 -4.7
BJK VanEck Gaming ETF 0.2 65 -56 1.8 -7.5
EXI iShares Global Industrials ETF 0.2 42 -33 4.7 -4.7
IPKW Invesco International BuyBack Achievers ETF 0.1 55 -46 9.1 -0.3
DGT SPDR Global Dow ETF 0.1 50 -41 6.7 -2.7
ARVR First Trust Indxx Metaverse ETF 0.1 70 -61 2.5 -6.9
ZSB USCF Sustainable Battery Metals Strategy Fund 0.1 61 -52 14.8 +5.4
ADIV SmartETFs Asia Pacific Dividend Builder ETF 0.1 78 -69 8.8 -0.5
EMFQ Amplify Emerging Markets FinTech ETF 0.1 69 -60 5.4 -3.9
FINX Global X FinTech ETF 0.1 68 -59 3.2 -6.2
HJEN Direxion Hydrogen ETF 0.1 45 -36 -3.2 -12.5
LNGG Roundhill Alerian LNG ETF 0.1 65 -56 8.5 -0.8

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2019 2020 2021 2022 2023 2024E 2025E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2023 2024E 2025E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 Franklin FTSE South Korea ETF
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 0.9 x
Less: Expense ratio 9 bp
Equals: ALTAR Score 9.4 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.29 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.