FMQQ The Next Frontier Internet & Ecommerce ETF
ALTAR
Score™		 1.2% info Recommen-
dation		 AVOID
2024E    2025E
P/E
ratio		 38.4x P/Sales
ratio		 3.2x
P/BV
ratio		 4.1x Div.
yield		 0.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
FMQQ is a passively managed fund that invests in internet and e-commerce companies from emerging and frontier markets.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Exchange Traded Concepts
Website fmqqetf.com/
Inception date Sep 27, 2021
Assets (mns) $31
Currency USD
Expense ratio 86 bp
Distributions Annually

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 47
Wgt avg mkt cap (mns) $57,649
Large cap (>$10bn) 78.7%
Mid cap ($2-10bn) 19.7%
Small cap (<$2bn) 1.6%
Developed mkts 23.1%
Emerging mkts 76.9%

TOP TEN HOLDINGS
RELIANCE INDS-SPONS GDR 144A 12.8 %
NU HOLDINGS LTD. CLASS A 7.2 %
MERCADOLIBRE INC 7.1 %
SEA LTD. (SINGAPORE) SPONSORED ADR 6.2 %
KASPI.KZ JSC SPONSORED GDR REGS 5.6 %
ZOMATO LTD. 5.5 %
BAJAJ FINANCE LIMITED 4.5 %
JIO FINANCIAL SERVICES LTD 4.2 %
XP INC. CLASS A 4.1 %
GRAB HOLDINGS LTD. (SINGAPORE) CLA 4.0 %
Total 61.3 %

TOP COUNTRY EXPOSURE
INDIA 37.5 %
SINGAPORE 10.2 %
BRAZIL 8.9 %
ARGENTINA 7.5 %
CAYMAN ISLANDS 7.2 %
SOUTH KOREA 7.0 %
KAZAKHSTAN 5.6 %
LUXEMBOURG 3.5 %
POLAND 2.8 %
INDONESIA 1.9 %

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.
14.8% 32.4% -- -- -17.6%

Market Correlations
versus... Beta R-squared
S&P500 1.26 70%
MSCI EAFE 1.18 62%
MSCI Emg. Mkts. 1.15 58%

Technical Indicators
Recent close $13.41
30d moving avg. $13.49
Annualized volatility 26.5%
Short interest (ETF) 0.7%
Relative strength (RSI) 51

Liquidity measures
Avg. volume (thou.) 7
Turnover 0.3%
Bid/Ask (% of price) 0.52%
ADV underlying (mns) $2,145

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 457 potential alternatives to the FMQQ The Next Frontier Internet & Ecommerce ETF ETF based on the alternatives' overlap in portfolio holdings with FMQQ. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FMQQ Expense: 86 bp ALTAR Score™: 1.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FMQQ
Ticker Fund
Name		 Overlap1
vs FMQQ
(%)		 Expense
ratio
(bp)		 Savings
vs FMQQ
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs FMQQ
(%)
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 55.4 86 0 1.6 +0.4
INQQ India Internet & Ecommerce ETF 36.6 86 0 2.6 +1.3
EMFQ Amplify Emerging Markets FinTech ETF 22.8 69 17 5.3 +4.0
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 18.0 60 26 0.5 -0.8
MINV Matthews Asia Innovators Active ETF 16.2 79 7 3.0 +1.7
DGIN VanEck Digital India ETF 14.7 71 15 0.1 -1.1
FLIN Franklin FTSE India ETF 13.4 19 67 4.7 +3.4
BPAY BlackRock Future Financial and Technology ETF 12.5 70 16 8.2 +7.0
OND ProShares On-Demand ETF 12.4 58 28 -2.2 -3.4
BGAIX Baron Global Advantage 11.9 75 11 0.6 -0.7
EPI WisdomTree India Earnings Fund 11.5 85 1 6.1 +4.8
CGXU Capital Group International Focus Equity ETF 11.0 54 32 4.9 +3.6
TOGA Tremblant Global ETF 9.7 69 17 1.9 +0.6
FDNI First Trust Dow Jones International Internet ETF 9.4 65 21 2.1 +0.9
EWS iShares MSCI Singapore ETF 9.1 50 36 5.0 +3.8
EBIZ Global X E-Commerce ETF 9.1 50 36 2.1 +0.8
EWZ iShares MSCI Brazil ETF 8.7 58 28 10.4 +9.1
BRAZ Global X Brazil Active ETF 8.4 75 11 10.1 +8.9
MEM Matthews Emerging Markets Equity Active ETF 8.2 79 7 5.4 +4.2
FDCF Fidelity Disruptive Communications ETF 8.1 50 36 2.6 +1.3
LOUP Innovator Deepwater Frontier Tech ETF 8.0 70 16 1.3 +0.0
IPO Renaissance IPO ETF 8.0 60 26 -4.3 -5.6
ARGT Global X MSCI Argentina ETF 7.5 59 27 5.4 +4.1
AOTG AOT Growth and Innovation ETF 7.3 75 11 3.1 +1.8
ILF iShares Latin America 40 ETF 7.2 48 38 10.4 +9.2
BUYZ Franklin Disruptive Commerce ETF 7.0 50 36 1.8 +0.6
ONLN ProShares Online Retail ETF 6.9 58 28 3.3 +2.1
XC WisdomTree Emerging Markets Ex-China Fund 6.8 32 54 6.0 +4.7
BFIIX Baron FinTech 6.7 75 11 3.4 +2.2
ARKF ARK Fintech Innovation ETF 6.6 75 11 -0.4 -1.6
ISHP First Trust Nasdaq Retail ETF 6.4 60 26 2.9 +1.6
EPOL iShares MSCI Poland ETF 6.3 59 27 12.9 +11.7
ECON Columbia Emerging Markets Consumer ETF 5.9 49 37 7.3 +6.1
BFTHX Baron Fifth Avenue Growth Retail 5.8 75 11 1.7 +0.4
FPXI First Trust International Equity Opportunities ETF 5.7 70 16 4.9 +3.7
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 5.6 20 66 6.8 +5.6
PNQI Invesco NASDAQ Internet ETF 5.6 60 26 2.3 +1.1
SOCL Global X Social Media ETF 5.3 65 21 -6.4 -7.6
EMM Global X Emerging Markets ex-China ETF 5.2 75 11 4.2 +3.0
DINT Davis Select International ETF 5.0 55 31 6.0 +4.8
BLOK Amplify Transformational Data Sharing ETF 5.0 75 11 0.0 -1.2
IBUY Amplify Online Retail ETF 5.0 65 21 1.4 +0.1
XCEM Columbia EM Core ex-China ETF 4.9 16 70 7.7 +6.5
FRDM Freedom 100 Emerging Markets ETF 4.8 49 37 7.3 +6.0
EEMO Invesco S&P Emerging Markets Momentum ETF 4.7 29 57 5.5 +4.3
FBZ First Trust Brazil AlphaDEX Fund 4.6 80 6 13.3 +12.1
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 4.5 75 11 4.6 +3.3
NDIA Global X India Active ETF 4.5 75 11 7.2 +6.0
INDF Nifty India Financials ETF 4.4 75 11 5.3 +4.0
INNO Harbor Disruptive Innovation ETF 4.1 75 11 1.6 +0.3
GTEK Goldman Sachs Future Tech Leaders Equity ETF 4.1 75 11 2.9 +1.6
AWAY ETFMG Travel Tech ETF 4.1 76 10 -5.2 -6.5
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 4.0 36 50 7.8 +6.6
BKEM BNY Mellon Emerging Markets Equity ETF 4.0 11 75 8.4 +7.1
FLKR Franklin FTSE South Korea ETF 3.9 9 77 10.6 +9.4
FMET Fidelity Metaverse ETF 3.9 39 47 5.4 +4.2
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 3.9 15 71 7.2 +6.0
GVIP Goldman Sachs Hedge Industry VIP ETF 3.8 45 41 4.8 +3.5
ESPO VanEck Video Gaming and eSports ETF 3.8 56 30 3.5 +2.3
HERO Global X Video Games & Esports ETF 3.8 50 36 4.4 +3.2
FLAX Franklin FTSE Asia Ex Japan ETF 3.8 19 67 6.9 +5.6
CLOD Themes Cloud Computing ETF 3.8 35 51 2.6 +1.4
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 3.8 32 54 6.9 +5.6
EWY iShares MSCI South Korea ETF 3.8 58 28 9.8 +8.6
EMC Global X Emerging Markets Great Consumer ETF 3.8 75 11 4.5 +3.3
MILN Global X Millennial Consumer ETF 3.7 50 36 2.6 +1.4
NERD Roundhill Video Games ETF 3.7 50 36 7.1 +5.9
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 3.7 18 68 6.8 +5.6
KPOP KPOP and Korean Entertainment ETF 3.6 75 11 -9.2 -10.5
INDA iShares MSCI India ETF 3.5 65 21 4.4 +3.1
QQQG Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF 3.5 49 37 5.0 +3.8
BTEK Future Tech ETF 3.5 88 -2 2.3 +1.0
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 3.4 66 20 10.0 +8.7
METV Roundhill Ball Metaverse ETF 3.3 59 27 3.4 +2.1
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 3.2 33 53 8.2 +7.0
GBUY Goldman Sachs Future Consumer Equity ETF 3.1 75 11 3.3 +2.1
JHEM John Hancock Multifactor Emerging Markets ETF 3.0 49 37 8.2 +6.9
NUEM Nuveen ESG Emerging Markets Equity ETF 2.9 36 50 6.5 +5.2
BITQ Bitwise Crypto Industry Innovators ETF 2.9 85 1 -1.9 -3.1
XNTK SPDR NYSE Technology ETF 2.6 35 51 4.2 +2.9
BKF iShares MSCI BIC ETF 2.6 69 17 6.9 +5.7
AADR AdvisorShares Dorsey Wright ADR ETF 2.6 110 -24 5.6 +4.3
QNXT iShares Nasdaq-100 ex Top 30 ETF 2.6 20 66 5.2 +4.0
TRFM AAM Transformers ETF 2.6 49 37 2.0 +0.7
EMXC iShares MSCI Emerging Markets ex China ETF 2.6 25 61 6.7 +5.4
EPP iShares MSCI Pacific ex-Japan ETF 2.5 47 39 4.9 +3.7
DWLD Davis Select Worldwide ETF 2.5 63 23 6.7 +5.5
PWB Invesco Large Cap Growth ETF 2.5 56 30 3.2 +2.0
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 2.4 32 54 6.2 +5.0
FFTY Innovator IBD 50 ETF 2.4 80 6 -0.6 -1.8
PEJ Invesco Leisure and Entertainment ETF 2.4 58 28 1.0 -0.3
IWP iShares Russell Mid-Cap Growth ETF 2.4 23 63 3.1 +1.8
FDTX Fidelity Disruptive Technology ETF 2.4 50 36 2.8 +1.5
TIME Clockwise Core Equity & Innovation ETF 2.4 95 -9 2.3 +1.0
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 2.3 59 27 11.3 +10.1
ODDS Pacer BlueStar Digital Entertainment ETF 2.3 60 26 2.3 +1.1
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 2.3 45 41 11.0 +9.7
EMXF iShares ESG Advanced MSCI EM ETF 2.2 16 70 6.8 +5.6
ARKW ARK Next Generation Internet ETF 2.2 87 -1 -0.7 -1.9
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 2.2 24 62 9.2 +8.0
MVPA Miller Value Partners Appreciation ETF 2.2 60 26 10.4 +9.1
ESGE iShares ESG Aware MSCI EM ETF 2.2 25 61 7.1 +5.9
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 2.2 88 -2 7.4 +6.2
FLN First Trust Latin America AlphaDEX Fund 2.2 80 6 8.4 +7.2
XCNY SPDR S&P Emerging Markets ex-China ETF 2.1 15 71 6.3 +5.1
GINN Goldman Sachs Innovate Equity ETF 2.1 52 34 2.8 +1.5
NFTY First Trust India NIFTY 50 Equal Weight ETF 2.1 80 6 6.3 +5.0
IMOM Alpha Architect International Quantitative Momentum ETF 2.1 49 37 5.7 +4.5
FPXE First Trust IPOX Europe Equity Opportunities ETF 2.1 70 16 3.5 +2.3
CGGO Capital Group Global Growth Equity ETF 2.0 47 39 4.6 +3.3
AAXJ iShares MSCI All Country Asia ex Japan ETF 2.0 70 16 6.2 +4.9
AFK VanEck Africa Index ETF 2.0 98 -12 9.1 +7.8
TMFG Motley Fool Global Opportunities ETF 2.0 85 1 3.2 +2.0
PIN Invesco India ETF 1.9 78 8 4.5 +3.2
OGIG ALPS O'Shares Global Internet Giants ETF 1.9 48 38 1.9 +0.7
BIGFX Baron International Growth Retail 1.9 75 11 3.1 +1.9
FDFF Fidelity Disruptive Finance ETF 1.9 50 36 4.1 +2.9
EEM iShares MSCI Emerging Markets ETF 1.9 69 17 6.9 +5.6
IPOS Renaissance International IPO ETF 1.9 80 6 -0.8 -2.1
IDX VanEck Indonesia Index ETF 1.9 57 29 8.8 +7.5
EIDO iShares MSCI Indonesia ETF 1.9 59 27 7.5 +6.2
USRD Themes US R&D Champions ETF 1.8 29 57 7.0 +5.7
JOET Virtus Terranova US Quality Momentum ETF 1.8 29 57 4.7 +3.5
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 1.8 60 26 9.8 +8.6
INDY iShares India 50 ETF 1.8 89 -3 4.6 +3.3
TECB iShares U.S. Tech Breakthrough Multisector ETF 1.8 40 46 3.8 +2.6
STXE Strive Emerging Markets Ex-China ETF 1.7 32 54 7.0 +5.8
RAYD Rayliant Quantitative Developed Market Equity ETF 1.7 80 6 3.8 +2.6
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 1.7 15 71 10.2 +9.0
IEMG iShares Core MSCI Emerging Markets ETF 1.7 9 77 7.5 +6.2
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 1.7 75 11 4.7 +3.4
SFYF SoFi Social 50 ETF 1.7 29 57 -2.2 -3.4
LDEM iShares ESG MSCI EM Leaders ETF 1.6 17 69 7.6 +6.4
ARVR First Trust Indxx Metaverse ETF 1.6 70 16 0.8 -0.4
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 1.6 50 36 13.0 +11.7
FDIG Fidelity Crypto Industry and Digital Payments ETF 1.6 39 47 -1.7 -2.9
BOUT Innovator IBD Breakout Opportunities ETF 1.6 81 5 3.6 +2.4
HAIL SPDR S&P Kensho Smart Mobility ETF 1.6 45 41 -3.0 -4.3
JIG JPMorgan International Growth ETF 1.6 55 31 4.6 +3.4
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 1.5 60 26 4.6 +3.4
GURU Global X Guru Index ETF 1.5 75 11 1.7 +0.4
MOTG VanEck Morningstar Global Wide Moat ETF 1.5 52 34 5.6 +4.4
NULG Nuveen ESG Large-Cap Growth ETF 1.5 26 60 4.1 +2.9
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.5 18 68 7.0 +5.8
FDIS Fidelity MSCI Consumer Discretionary Index ETF 1.4 8 78 4.5 +3.2
EEMA iShares MSCI Emerging Markets Asia ETF 1.4 49 37 6.5 +5.3
VCR Vanguard Consumer Discretionary ETF 1.4 10 76 4.4 +3.1
QQQN VictoryShares Nasdaq Next 50 ETF 1.4 18 68 4.9 +3.7
SPEM SPDR Portfolio Emerging Markets ETF 1.4 7 79 7.3 +6.1
FXD First Trust Consumer Discretionary AlphaDEX Fund 1.4 61 25 6.2 +4.9
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 1.4 30 56 7.3 +6.1
FFOG Franklin Focused Growth ETF FOCUSED GROWTH ETF 1.4 61 25 2.8 +1.6
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 1.3 44 42 10.6 +9.4
CGIE Capital Group International Equity ETF 1.3 54 32 4.9 +3.7
NULC Nuveen ESG Large-Cap ETF 1.3 21 65 5.3 +4.1
EMDM First Trust Bloomberg Emerging Market Democracies ETF 1.3 75 11 8.2 +7.0
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 1.3 40 46 8.3 +7.0
FTHF First Trust Emerging Markets Human Flourishing ETF 1.3 75 11 8.9 +7.6
FPAG FPA Global Equity ETF 1.2 49 37 5.4 +4.2
FDEV Fidelity International Multifactor ETF 1.2 18 68 7.8 +6.5
QQQJ Invesco NASDAQ Next Gen 100 ETF 1.2 15 71 4.5 +3.3
SMCP AlphaMark Actively Managed Small Cap ETF 1.2 90 -4 3.9 +2.7
FXO First Trust Financials AlphaDEX Fund 1.2 62 24 7.4 +6.1
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 1.2 75 11 3.4 +2.1
PSC Principal U.S. Small-Cap ETF 1.1 38 48 5.9 +4.6
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 1.1 68 18 2.1 +0.9
KOMP SPDR S&P Kensho New Economies Composite ETF 1.1 20 66 1.0 -0.2
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.1 41 45 7.4 +6.2
ANEW ProShares MSCI Transformational Changes ETF 1.1 45 41 3.6 +2.3
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 1.1 95 -9 10.5 +9.3
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 1.1 20 66 5.6 +4.3
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.1 35 51 4.6 +3.3
CGDG Capital Group Dividend Growers ETF 1.1 47 39 6.6 +5.4
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 1.0 65 21 4.3 +3.1
GMF SPDR S&P Emerging Asia Pacific ETF 1.0 49 37 6.1 +4.9
FINX Global X FinTech ETF 1.0 68 18 2.6 +1.4
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 1.0 80 6 12.3 +11.0
BNGE First Trust S-Network Streaming and Gaming ETF 1.0 70 16 -3.5 -4.7
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 1.0 90 -4 6.1 +4.9
LRGF iShares U.S. Equity Factor ETF 0.9 8 78 5.6 +4.4
AVEM Avantis Emerging Markets Equity ETF 0.9 33 53 8.9 +7.6
KOCG FIS Knights of Columbus Global Belief ETF 0.9 75 11 5.0 +3.8
WTAI WisdomTree Artificial Intelligence and Innovation Fund 0.9 45 41 3.1 +1.9
JSTC Adasina Social Justice All Cap Global ETF 0.9 89 -3 4.9 +3.7
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 0.9 58 28 5.0 +3.8
IYF iShares U.S. Financials ETF 0.9 40 46 5.4 +4.2
FTC First Trust Large Cap Growth AlphaDEX Fund 0.8 59 27 2.4 +1.2
GQQQ Astoria US Quality Growth Kings ETF 0.8 35 51 6.3 +5.1
AVLV Avantis U.S. Large Cap Value ETF 0.8 15 71 7.1 +5.9
DTEC ALPS Disruptive Technologies ETF 0.8 50 36 3.7 +2.4
ACWX iShares MSCI ACWI ex U.S. ETF 0.8 34 52 7.0 +5.7
JETS U.S. Global Jets ETF 0.8 60 26 -13.3 -14.5
FEP First Trust Europe AlphaDEX Fund 0.8 80 6 7.8 +6.5
FEUZ First Trust Eurozone AlphaDEX ETF 0.8 80 6 6.7 +5.4
VWO Vanguard FTSE Emerging Markets ETF 0.8 8 78 6.9 +5.7
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.8 65 21 0.2 -1.0
IPAC iShares Core MSCI Pacific ETF 0.8 9 77 7.2 +6.0
EFG iShares MSCI EAFE Growth ETF 0.7 36 50 4.5 +3.3
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.7 41 45 7.4 +6.2
IXUS iShares Core MSCI Total International Stock ETF 0.7 7 79 7.2 +5.9
HAPI Harbor Human Capital Factor US Large Cap ETF 0.7 36 50 4.6 +3.3
AIA iShares Asia 50 ETF 0.7 50 36 6.6 +5.4
FLOW Global X U.S. Cash Flow Kings 100 ETF 0.7 25 61 9.6 +8.4
WUGI AXS Esoterica NextG Economy ETF 0.7 75 11 2.5 +1.3
IWR iShares Russell Midcap ETF 0.7 19 67 5.4 +4.2
CWI SPDR MSCI ACWI ex-US ETF 0.7 30 56 6.9 +5.7
DFAE Dimensional Emerging Core Equity Market ETF 0.6 35 51 7.3 +6.1
FDEM Fidelity Emerging Markets Multifactor ETF 0.6 25 61 12.3 +11.1
QQQ Invesco QQQ Trust Series I 0.6 20 66 4.5 +3.3
QQQM Invesco NASDAQ 100 ETF 0.6 15 71 4.6 +3.4
IXP iShares Global Comm Services ETF 0.6 42 44 5.1 +3.8
SMIN iShares MSCI India Small Cap ETF 0.6 79 7 3.5 +2.2
GGME Invesco Next Gen Media and Gaming ETF 0.6 60 26 3.5 +2.3
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.6 80 6 9.1 +7.8
AVSU Avantis Responsible U.S. Equity ETF 0.6 15 71 6.1 +4.8
IMTM iShares MSCI Intl Momentum Factor ETF 0.6 30 56 6.3 +5.1
SPDW SPDR Portfolio Developed World ex-US ETF 0.5 3 83 7.2 +6.0
QQMG Invesco ESG NASDAQ 100 ETF 0.5 20 66 4.7 +3.5
VSGX Vanguard ESG International Stock ETF 0.5 12 74 6.8 +5.5
ONEQ Fidelity Nasdaq Composite Index ETF 0.5 21 65 3.8 +2.6
SMLF iShares U.S. SmallCap Equity Factor ETF 0.5 15 71 4.6 +3.4
EMGF iShares Emerging Markets Equity Factor ETF 0.5 25 61 8.5 +7.3
WWJD Inspire International ETF 0.5 80 6 7.3 +6.0
GLIN VanEck India Growth Leaders ETF 0.5 77 9 5.7 +4.4
EWZS iShares MSCI Brazil Small-Cap ETF 0.5 59 27 10.9 +9.6
IDHQ Invesco S&P International Developed High Quality ETF 0.5 29 57 6.5 +5.2
EWG iShares MSCI Germany ETF 0.5 50 36 6.4 +5.1
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.5 70 16 7.7 +6.5
DSTX Distillate International Fundamental Stability & Value ETF 0.5 55 31 8.0 +6.7
VIGI Vanguard International Dividend Appreciation ETF 0.5 15 71 6.4 +5.2
VPL Vanguard FTSE Pacific ETF 0.5 8 78 7.7 +6.5
IYC iShares U.S. Consumer Discretionary ETF 0.5 40 46 3.4 +2.1
SCHE Schwab Emerging Markets Equity ETF 0.5 11 75 7.1 +5.9
JGRO JPMorgan Active Growth ETF 0.5 44 42 3.5 +2.2
GLBL Pacer MSCI World Industry Advantage ETF 0.5 65 21 4.7 +3.5
FNDC Schwab Fundamental International Small Co. Index ETF 0.4 39 47 7.2 +6.0
TPIF Timothy Plan International ETF 0.4 62 24 6.8 +5.5
ESMV iShares ESG MSCI USA Min Vol Factor ETF 0.4 18 68 5.6 +4.4
ILCG iShares Morningstar Growth ETF 0.4 4 82 3.9 +2.7
FEX First Trust Large Cap Core AlphaDEX Fund 0.4 59 27 5.6 +4.3
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.4 64 22 1.8 +0.6
QGRW WisdomTree U.S. Quality Growth Fund 0.4 28 58 4.7 +3.5
GLOF iShares Global Equity Factor ETF 0.4 20 66 7.0 +5.8
USXF iShares ESG Advanced MSCI USA ETF 0.4 10 76 5.0 +3.8
XMAG Defiance Large Cap ex-Mag 7 ETF 0.4 35 51 5.1 +3.9
AVES Avantis Emerging Markets Value ETF 0.4 36 50 11.6 +10.4
VFMO Vanguard U.S. Momentum Factor ETF 0.4 13 73 2.1 +0.9
VEU Vanguard FTSE All-World ex-US Index Fund 0.4 8 78 7.3 +6.0
ESGV Vanguard ESG U.S. Stock ETF 0.4 9 77 4.8 +3.5
WRND IQ Global Equity R&D Leaders ETF 0.4 18 68 7.5 +6.3
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.4 20 66 6.5 +5.3
VXUS Vanguard Total International Stock ETF 0.4 7 79 7.2 +6.0
AVUS Avantis U.S. Equity ETF 0.4 15 71 5.6 +4.4
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.4 35 51 6.6 +5.4
IXG iShares Global Financials ETF 0.4 42 44 6.2 +4.9
FEM First Trust Emerging Markets AlphaDEX Fund 0.4 80 6 13.0 +11.8
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.4 38 48 7.8 +6.6
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.4 39 47 4.1 +2.8
ACWI iShares MSCI ACWI ETF 0.4 32 54 5.3 +4.0
QLC FlexShares US Quality Large Cap Index Fund 0.4 25 61 5.4 +4.1
EFA iShares MSCI EAFE ETF 0.4 35 51 6.9 +5.7
ONEO SPDR Russell 1000 Momentum Focus ETF 0.4 20 66 6.8 +5.6
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.4 20 66 5.2 +3.9
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.4 12 74 4.5 +3.2
EELV Invesco S&P Emerging Markets Low Volatility ETF 0.4 29 57 8.7 +7.5
VT Vanguard Total World Stock ETF 0.4 7 79 5.5 +4.3
IMCG iShares Morningstar Mid-Cap Growth ETF 0.3 6 80 4.0 +2.7
JMOM JPMorgan U.S. Momentum Factor ETF 0.3 12 74 4.5 +3.3
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.3 75 11 4.3 +3.0
RVRB Reverb ETF 0.3 30 56 4.7 +3.4
PTL Inspire 500 ETF 0.3 9 77 5.6 +4.4
MVPS Amplify Thematic All-Stars ETF 0.3 49 37 2.7 +1.4
IEFA iShares Core MSCI EAFE ETF 0.3 7 79 7.1 +5.9
SUSL iShares ESG MSCI USA Leaders ETF 0.3 10 76 5.1 +3.9
FBCG Fidelity Blue Chip Growth ETF 0.3 59 27 2.8 +1.6
GSID Goldman Sachs MarketBeta International Equity ETF 0.3 20 66 7.0 +5.7
EGUS iShares ESG Aware MSCI USA Growth ETF 0.3 18 68 4.5 +3.2
EQLT iShares MSCI Emerging Markets Quality Factor ETF 0.3 35 51 7.4 +6.1
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.3 9 77 4.9 +3.7
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.3 10 76 5.1 +3.9
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.3 24 62 7.3 +6.1
AVUV Avantis U.S. Small Cap Value ETF 0.3 25 61 8.8 +7.6
NACP Impact Shares NAACP Minority Empowerment ETF 0.3 49 37 5.0 +3.7
HFXI IQ FTSE International Equity Currency Neutral ETF 0.3 20 66 7.1 +5.8
FLGR Franklin FTSE Germany ETF 0.3 9 77 7.0 +5.8
IDEV iShares Core MSCI International Developed Markets ETF 0.3 4 82 7.1 +5.9
ESGD iShares ESG Aware MSCI EAFE ETF 0.3 20 66 6.9 +5.7
TTAC FCF US Quality ETF 0.3 59 27 6.3 +5.0
CIL VictoryShares International Volatility Wtd ETF 0.3 45 41 7.0 +5.7
VFQY Vanguard U.S. Quality Factor ETF 0.3 13 73 7.5 +6.3
BUZZ VanEck Social Sentiment ETF 0.3 75 11 0.3 -1.0
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.3 10 76 5.3 +4.1
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 0.3 51 35 7.1 +5.9
IQDE FlexShares International Quality Dividend Defensive Index ET 0.3 47 39 14.8 +13.6
BKIE BNY Mellon International Equity ETF 0.3 4 82 7.1 +5.8
OPTZ Optimize Strategy Index ETF 0.3 50 36 2.9 +1.7
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.3 10 76 4.4 +3.2
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.3 49 37 7.0 +5.7
IMCB iShares Morningstar Mid-Cap ETF 0.3 4 82 5.7 +4.5
VIDI Vident International Equity Strategy ETF 0.3 61 25 10.2 +9.0
IWF iShares Russell 1000 Growth ETF 0.3 19 67 4.5 +3.2
VONG Vanguard Russell 1000 Growth ETF 0.3 8 78 4.6 +3.3
BLES Inspire Global Hope ETF 0.3 61 25 6.4 +5.2
RNEM First Trust Emerging Markets Equity Select ETF 0.2 75 11 7.6 +6.3
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.2 12 74 4.8 +3.5
VEA Vanguard FTSE Developed Markets ETF 0.2 5 81 7.3 +6.1
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.2 36 50 6.6 +5.3
ONEY SPDR Russell 1000 Yield Focus ETF 0.2 20 66 9.3 +8.0
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 7 79 6.7 +5.4
ILCB iShares Morningstar U.S. Equity ETF 0.2 3 83 4.9 +3.7
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.2 8 78 5.0 +3.7
SCHF Schwab International Equity ETF 0.2 6 80 7.5 +6.2
FNDA Schwab Fundamental US Small Co. Index ETF 0.2 25 61 6.0 +4.8
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.2 7 79 5.0 +3.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 77 5.4 +4.1
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.2 2 84 5.0 +3.7
VOTE TCW Transform 500 ETF 0.2 5 81 4.9 +3.7
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.2 52 34 5.1 +3.9
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.2 58 28 5.0 +3.8
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.2 20 66 4.6 +3.3
TOK iShares MSCI Kokusai ETF 0.2 26 60 5.0 +3.8
IWN iShares Russell 2000 Value ETF 0.2 24 62 4.8 +3.5
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.2 10 76 4.5 +3.3
VTWV Vanguard Russell 2000 Value ETF 0.2 15 71 4.9 +3.7
SCHC Schwab International Small-Cap Equity ETF 0.2 11 75 6.6 +5.3
PID Invesco International Dividend Achievers ETF 0.2 53 33 7.0 +5.8
JIRE JPMorgan International Research Enhanced Equity ETF 0.2 24 62 7.1 +5.9
BKLC BNY Mellon US Large Cap Core Equity ETF 0.2 0 86 5.0 +3.8
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.2 7 79 4.9 +3.7
GDEF Goldman Sachs Defensive Equity ETF 0.2 55 31 4.7 +3.5
BBJP JPMorgan BetaBuilders Japan ETF 0.2 19 67 7.8 +6.6
URTH iShares MSCI World ETF 0.2 24 62 5.2 +3.9
STXI Strive International Developed Markets ETF 0.2 29 57 6.9 +5.6
AIQ Global X Artificial Intelligence & Technology ETF 0.2 68 18 4.0 +2.8
IWM iShares Russell 2000 ETF 0.2 19 67 2.8 +1.5
RSSL Global X Russell 2000 ETF 0.2 8 78 2.6 +1.4
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.2 18 68 7.2 +6.0
DBJP Xtrackers MSCI Japan Hedged Equity ETF 0.2 47 39 7.4 +6.1
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.2 11 75 4.9 +3.7
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.2 15 71 4.7 +3.5
VTWO Vanguard Russell 2000 ETF 0.2 10 76 2.9 +1.6
SUSA iShares MSCI USA ESG Select ETF 0.2 25 61 5.0 +3.8
IMCV iShares Morningstar Mid-Cap Value ETF 0.2 6 80 7.5 +6.3
ECOW Pacer Emerging Markets Cash Cows 100 ETF 0.2 70 16 9.2 +8.0
FLBR Franklin FTSE Brazil ETF 0.2 19 67 13.2 +11.9
IUS Invesco RAFI Strategic US ETF 0.2 19 67 6.8 +5.6
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.2 12 74 5.9 +4.6
USMV iShares MSCI USA Min Vol Factor ETF 0.2 15 71 5.6 +4.4
EQAL Invesco Russell 1000 Equal Weight ETF 0.2 20 66 6.3 +5.0
ESGU iShares ESG Aware MSCI USA ETF 0.2 15 71 5.0 +3.8
JPXN iShares JPX-Nikkei 400 ETF 0.2 48 38 8.7 +7.4
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 77 5.2 +4.0
VFVA Vanguard U.S. Value Factor ETF 0.2 13 73 10.0 +8.8
VTWG Vanguard Russell 2000 Growth ETF 0.2 15 71 0.7 -0.6
IWO iShares Russell 2000 Growth ETF 0.2 24 62 0.6 -0.7
PBUS Invesco MSCI USA ETF 0.2 4 82 5.0 +3.7
TMFC Motley Fool 100 Index ETF 0.2 50 36 3.7 +2.4
QINT American Century Quality Diversified International ETF 0.2 39 47 7.7 +6.5
FLJH Franklin FTSE Japan Hedged ETF 0.2 9 77 7.7 +6.4
FLJP Franklin FTSE Japan ETF 0.2 9 77 7.8 +6.6
SIZE iShares MSCI USA Size Factor ETF 0.2 15 71 5.6 +4.3
ISCF iShares International SmallCap Equity Factor ETF 0.2 23 63 9.1 +7.9
APIE ActivePassive International Equity ETF 0.2 45 41 8.1 +6.9
PXH Invesco FTSE RAFI Emerging Markets ETF 0.2 49 37 12.2 +11.0
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.2 30 56 8.1 +6.9
IWV iShares Russell 3000 ETF 0.2 20 66 4.7 +3.4
DFEV Dimensional Emerging Markets Value ETF 0.2 43 43 11.1 +9.8
EUSA iShares MSCI USA Equal Weighted ETF 0.2 9 77 5.7 +4.5
NUDM Nuveen ESG International Developed Markets Equity ETF 0.2 31 55 6.7 +5.4
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.2 25 61 5.2 +4.0
VTHR Vanguard Russell 3000 ETF 0.1 10 76 4.7 +3.5
VONE Vanguard Russell 1000 ETF 0.1 8 78 4.9 +3.7
SPEU SPDR Portfolio Europe ETF 0.1 7 79 7.1 +5.8
IWB iShares Russell 1000 ETF 0.1 15 71 4.8 +3.6
EZU iShares MSCI Eurozone ETF 0.1 52 34 6.6 +5.4
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.1 58 28 10.2 +9.0
AVSD Avantis Responsible International Equity ETF 0.1 23 63 7.1 +5.9
FMIL Fidelity New Millennium ETF 0.1 59 27 4.8 +3.5
CFA VictoryShares US 500 Volatility Wtd ETF 0.1 35 51 5.6 +4.4
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.1 40 46 5.6 +4.3
VGK Vanguard FTSE Europe ETF 0.1 11 75 7.1 +5.8
KLMT Invesco MSCI Global Climate 500 ETF 0.1 10 76 5.4 +4.2
RXI iShares Global Consumer Discretionary ETF 0.1 41 45 5.4 +4.1
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.1 45 41 8.9 +7.7
DMXF iShares ESG Advanced MSCI EAFE ETF 0.1 12 74 5.5 +4.3
FFLC Fidelity Fundamental Large Cap Core ETF 0.1 38 48 4.8 +3.5
EWJ iShares MSCI Japan ETF 0.1 50 36 8.0 +6.7
FELG Fidelity Enhanced Large Cap Growth ETF 0.1 18 68 4.6 +3.4
FLLA Franklin FTSE Latin America ETF 0.1 19 67 13.2 +11.9
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.1 30 56 8.0 +6.7
SMMD iShares Russell 2500 ETF 0.1 15 71 5.5 +4.3
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 67 6.2 +5.0
ESGG FlexShares STOXX Global ESG Select Index Fund 0.1 42 44 5.1 +3.9
FLEU Franklin FTSE Eurozone ETF 0.1 9 77 7.3 +6.0
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.1 39 47 5.8 +4.5
IEV iShares Europe ETF 0.1 67 19 6.6 +5.4
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.1 14 72 5.0 +3.8
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.1 14 72 6.2 +5.0
FLEE Franklin FTSE Europe ETF 0.1 9 77 7.2 +5.9
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.1 42 44 8.1 +6.8
DEUS Xtrackers Russell US Multifactor ETF 0.1 17 69 6.9 +5.6
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 47 6.8 +5.5
ARTY iShares Future AI & Tech ETF 0.1 47 39 3.8 +2.6
QUS SPDR MSCI USA StrategicFactors ETF 0.1 15 71 5.7 +4.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.1 39 47 7.4 +6.2
JHMD John Hancock Multifactor Developed International ETF 0.1 39 47 7.8 +6.5
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.1 32 54 4.8 +3.6
REVS Columbia Research Enhanced Value ETF 0.1 19 67 7.4 +6.1
INRO iShares U.S. Industry Rotation Active ETF 0.1 42 44 4.5 +3.2
IWS iShares Russell Mid-Cap Value ETF 0.1 23 63 6.2 +5.0
IEUR iShares Core MSCI Europe ETF 0.1 11 75 7.1 +5.8
DXJ WisdomTree Japan Hedged Equity Fund 0.1 48 38 8.5 +7.3
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.1 45 41 6.5 +5.3
IQSI IQ Candriam International Equity ETF 0.1 15 71 6.6 +5.4
IETC iShares U.S. Tech Independence Focused ETF 0.1 18 68 4.5 +3.3
DFAU Dimensional US Core Equity Market ETF 0.1 12 74 5.0 +3.8
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.1 20 66 6.9 +5.7
BBEU JPMorgan BetaBuilders Europe ETF 0.1 9 77 7.1 +5.9
AVDE Avantis International Equity ETF 0.1 23 63 8.1 +6.8
DFUS Dimensional U.S. Equity ETF 0.0 9 77 4.9 +3.6
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 62 6.5 +5.2
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF 0.0 85 1 -0.3 -1.5
IQLT iShares MSCI Intl Quality Factor ETF 0.0 30 56 6.2 +5.0
DEHP Dimensional Emerging Markets High Profitability ETF 0.0 41 45 5.0 +3.7
RECS Columbia Research Enhanced Core ETF 0.0 15 71 5.5 +4.2
JPIN J.P. Morgan Diversified Return International Equity ETF 0.0 37 49 8.9 +7.6
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.0 46 40 6.5 +5.2
ILCV iShares Morningstar Value ETF 0.0 4 82 6.2 +5.0
EWX SPDR S&P Emerging Markets Small Cap ETF 0.0 65 21 8.2 +6.9
VYM Vanguard High Dividend Yield Index ETF 0.0 6 80 6.8 +5.6
FNDF Schwab Fundamental International Large Co. Index ETF 0.0 25 61 9.9 +8.6
STXG Strive 1000 Growth ETF 0.0 18 68 4.1 +2.8
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.0 25 61 7.2 +6.0
GVUS Marketbeta Russell 1000 Value Equity ETF 0.0 12 74 6.2 +5.0
EPS WisdomTree U.S. LargeCap Fund 0.0 8 78 5.9 +4.6
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 57 6.4 +5.1
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 0.0 25 61 8.6 +7.3
DIVI Franklin International Core Dividend Tilt Index ETF 0.0 9 77 8.1 +6.9
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 56 5.9 +4.7
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.0 30 56 7.3 +6.0
STRV Strive 500 ETF 0.0 5 81 4.9 +3.7
DFAI Dimensional International Core Equity Market ETF 0.0 18 68 7.3 +6.1
IWD iShares Russell 1000 Value ETF 0.0 19 67 6.1 +4.9
VONV Vanguard Russell 1000 Value ETF 0.0 8 78 6.3 +5.0
DCOR Dimensional US Core Equity 1 ETF 0.0 14 72 5.3 +4.1
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 69 5.3 +4.1
HDUS Hartford Disciplined US Equity ETF 0.0 19 67 5.9 +4.7
FMDE Fidelity Enhanced Mid Cap ETF 0.0 23 63 6.0 +4.8
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 47 7.5 +6.3
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 61 6.8 +5.5
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 68 5.4 +4.2
TGRW T. Rowe Price Growth Stock ETF 0.0 52 34 3.7 +2.5
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.0 30 56 4.7 +3.5
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.0 24 62 8.7 +7.4
DFIC Dimensional International Core Equity 2 ETF 0.0 23 63 7.7 +6.5
TCHP T. Rowe Price Blue Chip Growth ETF 0.0 57 29 3.4 +2.1
UEVM VictoryShares Emerging Markets Value Momentum ETF 0.0 45 41 12.3 +11.1

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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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:		 FMQQ The Next Frontier Internet & Ecommerce ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 7.8 %
Divided by: Fwd. P/BV 3.7 x
Less: Expense ratio 86 bp
Equals: ALTAR Score 1.2 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.46 CATEGORY
AVERAGE		 1.48
 
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.