FMQQ The Next Frontier Internet & Ecommerce ETF
ALTAR
Score™
1.5% info Recommen-
dation
AVOID
2024E    2025E
P/E
ratio
32.0x P/Sales
ratio
2.4x
P/BV
ratio
2.9x Div.
yield
0.5%


  • 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) $23
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 71
Wgt avg mkt cap (mns) $40,010
Large cap (>$10bn) 68.9%
Mid cap ($2-10bn) 24.4%
Small cap (<$2bn) 6.7%
Developed mkts 21.0%
Emerging mkts 79.1%

TOP TEN HOLDINGS
RELIANCE INDUSTRIES LTD 9.3 %
NU HOLDINGS LTD. CLASS A 6.9 %
MERCADOLIBRE INC 6.9 %
SEA LTD. (SINGAPORE) SPONSORED ADR 6.3 %
BAJAJ FINANCE LIMITED 6.1 %
NHN CORP 5.6 %
COUPANG, INC. CLASS A 4.9 %
DAUM COMMUNICATIONS CORP 4.5 %
ZOMATO LTD. 4.2 %
XP INC. CLASS A 3.2 %
Total 57.9 %

TOP COUNTRY EXPOSURE
INDIA 29.1 %
SOUTH KOREA 18.8 %
SINGAPORE 8.8 %
BRAZIL 7.3 %
ARGENTINA 7.1 %
CAYMAN ISLANDS 6.9 %
JAPAN 2.7 %
INDONESIA 2.2 %
GERMANY 1.9 %
LUXEMBOURG 1.7 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru January 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-0.9% 1.2% -- -- -27.6%

Market Correlations
versus... Beta R-squared
S&P500 1.32 75%
MSCI EAFE 1.31 72%
MSCI Emg. Mkts. 1.19 62%

Technical Indicators
Recent close $11.72
30d moving avg. $10.74
Annualized volatility 29.5%
Short interest (ETF) 0.7%
Relative strength (RSI) 73

Liquidity measures
Avg. volume (thou.) 13
Turnover 0.7%
Bid/Ask (% of price) 0.52%
ADV underlying (mns) $2,487

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 414 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™: 1.5%


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 41.2 86 0 1.8 +0.3
INQQ India Internet & Ecommerce ETF 29.2 86 0 2.2 +0.7
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 22.7 60 26 0.7 -0.8
EMFQ Amplify Emerging Markets FinTech ETF 21.3 69 17 3.6 +2.1
SOCL Global X Social Media ETF 13.4 65 21 -6.8 -8.3
IPO Renaissance IPO ETF 12.3 60 26 -3.1 -4.6
INDA iShares MSCI India ETF 11.8 65 21 3.7 +2.1
FLIN Franklin FTSE India ETF 11.6 19 67 5.3 +3.7
PIN Invesco India ETF 11.2 78 8 3.9 +2.3
INDY iShares India 50 ETF 11.2 89 -3 3.7 +2.2
MINV Matthews Asia Innovators Active ETF 11.1 79 7 2.9 +1.4
KPOP KPOP and Korean Entertainment ETF 10.7 75 11 -8.0 -9.5
DGIN VanEck Digital India ETF 10.3 71 15 1.4 -0.2
FDNI First Trust Dow Jones International Internet ETF 9.8 65 21 2.5 +0.9
ARKF ARK Fintech Innovation ETF 9.0 75 11 -2.4 -3.9
ESPO VanEck Video Gaming and eSports ETF 8.9 56 30 3.6 +2.1
EPI WisdomTree India Earnings Fund 8.8 85 1 6.7 +5.2
BPAY BlackRock Future Financial and Technology ETF 8.6 70 16 8.0 +6.5
EBIZ Global X E-Commerce ETF 8.5 50 36 1.5 -0.0
CGXU Capital Group International Focus Equity ETF 8.0 54 32 4.1 +2.6
EWS iShares MSCI Singapore ETF 7.6 50 36 4.3 +2.8
AOTG AOT Growth and Innovation ETF 7.2 75 11 2.9 +1.4
ARGT Global X MSCI Argentina ETF 7.1 59 27 5.8 +4.2
IBUY Amplify Online Retail ETF 6.3 65 21 1.7 +0.1
BUYZ Franklin Disruptive Commerce ETF 5.9 50 36 1.8 +0.3
LOUP Innovator Deepwater Frontier Tech ETF 5.9 70 16 1.9 +0.4
FLKR Franklin FTSE South Korea ETF 5.7 9 77 9.0 +7.5
IWFH iShares Virtual Work and Life Multisector ETF 5.7 47 39 -3.4 -4.9
LDEM iShares ESG MSCI EM Leaders ETF 5.5 17 69 7.8 +6.2
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 5.1 75 11 4.5 +3.0
ILF iShares Latin America 40 ETF 5.1 48 38 7.8 +6.3
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 5.1 20 66 7.4 +5.9
XC WisdomTree Emerging Markets Ex-China Fund 5.0 32 54 -4.8 -6.3
INCO Columbia India Consumer ETF 5.0 75 11 1.8 +0.2
EWY iShares MSCI South Korea ETF 5.0 58 28 8.3 +6.7
CHAT Roundhill Generative AI & Technology ETF 4.9 75 11 2.6 +1.0
HERO Global X Video Games & Esports ETF 4.9 50 36 4.4 +2.9
BLOK Amplify Transformational Data Sharing ETF 4.8 75 11 1.3 -0.3
FPXI First Trust International Equity Opportunities ETF 4.8 70 16 3.4 +1.9
DINT Davis Select International ETF 4.8 55 31 5.1 +3.5
INDF Nifty India Financials ETF 4.8 75 11 5.9 +4.4
ISHP First Trust Nasdaq Retail ETF 4.7 60 26 3.0 +1.5
BRAZ Global X Brazil Active ETF 4.7 75 11 7.8 +6.3
GTEK Goldman Sachs Future Tech Leaders Equity ETF 4.7 75 11 3.1 +1.5
MEM Matthews Emerging Markets Equity Active ETF 4.7 79 7 5.3 +3.8
BTEK Future Tech ETF 4.7 88 -2 2.2 +0.6
NERD Roundhill Video Games ETF 4.6 50 36 6.5 +5.0
CBSE Clough Select Equity ETF 4.5 85 1 -1.3 -2.8
EMC Global X Emerging Markets Great Consumer ETF 4.4 75 11 4.9 +3.4
PNQI Invesco NASDAQ Internet ETF 4.2 60 26 2.2 +0.7
ESGE iShares ESG Aware MSCI EM ETF 4.2 25 61 7.4 +5.9
FBZ First Trust Brazil AlphaDEX Fund 4.2 80 6 10.8 +9.3
FRDM Freedom 100 Emerging Markets ETF 4.1 49 37 -749.3 -750.8
DFEV Dimensional Emerging Markets Value ETF 4.1 43 43 10.7 +9.2
BKF iShares MSCI BIC ETF 4.0 69 17 6.9 +5.3
FMET Fidelity Metaverse ETF 4.0 39 47 4.1 +2.6
NFTY First Trust India NIFTY 50 Equal Weight ETF 3.9 80 6 6.1 +4.6
RNEM First Trust Emerging Markets Equity Select ETF 3.8 75 11 8.1 +6.6
EMXC iShares MSCI Emerging Markets ex China ETF 3.8 25 61 -4.2 -5.7
CLOD Themes Cloud Computing ETF 3.6 35 51 3.3 +1.8
VIGI Vanguard International Dividend Appreciation ETF 3.6 15 71 5.3 +3.8
STXE Strive Emerging Markets Ex-China ETF 3.6 32 54 -11.9 -13.4
ODDS Pacer BlueStar Digital Entertainment ETF 3.5 60 26 2.0 +0.5
AAXJ iShares MSCI All Country Asia ex Japan ETF 3.5 70 16 6.4 +4.8
OGIG ALPS O'Shares Global Internet Giants ETF 3.5 48 38 -0.0 -1.6
EEMA iShares MSCI Emerging Markets Asia ETF 3.5 49 37 6.7 +5.2
BKEM BNY Mellon Emerging Markets Equity ETF 3.4 11 75 -12.8 -14.3
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 3.4 36 50 -12.9 -14.4
EMM Global X Emerging Markets ETF 3.4 75 11 3.9 +2.3
FLAX Franklin FTSE Asia Ex Japan ETF 3.3 19 67 7.2 +5.6
SMIN iShares MSCI India Small Cap ETF 3.2 79 7 3.8 +2.2
FILL iShares MSCI Global Energy Producers ETF 3.2 39 47 10.0 +8.4
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 3.2 75 11 6.3 +4.8
METV Roundhill Ball Metaverse ETF 3.2 59 27 3.6 +2.0
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 3.0 18 68 7.7 +6.2
MOHR Collaborative Investment Series Trust - Mohr Growth ETF 3.0 106 -20 2.8 +1.3
GBUY Goldman Sachs Future Consumer Equity ETF 3.0 75 11 2.9 +1.4
EMDM First Trust Bloomberg Emerging Market Democracies ETF 3.0 75 11 9.4 +7.8
FINX Global X FinTech ETF 3.0 68 18 3.0 +1.4
KOIN Capital Link Global Fintech Leaders ETF 2.9 75 11 4.9 +3.4
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 2.9 33 53 6.9 +5.4
NUEM Nuveen ESG Emerging Markets Equity ETF 2.8 36 50 6.7 +5.1
TRFM AAM Transformers ETF 2.8 49 37 1.4 -0.2
EPOL iShares MSCI Poland ETF 2.8 59 27 9.6 +8.1
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 2.8 66 20 -0.6 -2.1
BITQ Bitwise Crypto Industry Innovators ETF 2.8 85 1 -5.0 -6.6
AADR AdvisorShares Dorsey Wright ADR ETF 2.7 110 -24 5.2 +3.6
EEM iShares MSCI Emerging Markets ETF 2.7 69 17 -1.0 -2.6
INNO Harbor Disruptive Innovation ETF 2.6 75 11 -3.6 -5.2
IEMG iShares Core MSCI Emerging Markets ETF 2.6 9 77 1.1 -0.4
XNTK SPDR NYSE Technology ETF 2.6 35 51 3.7 +2.2
TIME Clockwise Core Equity & Innovation ETF 2.6 100 -14 2.1 +0.6
ARVR First Trust Indxx Metaverse ETF 2.5 70 16 2.4 +0.8
JHEM John Hancock Multifactor Emerging Markets ETF 2.5 49 37 8.2 +6.6
JOET Virtus Terranova US Quality Momentum ETF 2.4 29 57 4.9 +3.4
VWO Vanguard FTSE Emerging Markets ETF 2.4 8 78 -0.0 -1.6
TMFG Motley Fool Global Opportunities ETF 2.4 85 1 3.3 +1.7
GINN Goldman Sachs Innovate Equity ETF 2.3 52 34 2.8 +1.2
BOUT Innovator IBD Breakout Opportunities ETF 2.3 81 5 4.1 +2.6
SCHE Schwab Emerging Markets Equity ETF 2.3 11 75 7.4 +5.9
FFTY Innovator IBD 50 ETF 2.3 80 6 -0.5 -2.0
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 2.2 68 18 4.0 +2.5
IDX VanEck Indonesia Index ETF 2.2 57 29 7.6 +6.1
FDIG Fidelity Crypto Industry and Digital Payments ETF 2.2 39 47 -1.3 -2.9
DTEC ALPS Disruptive Technologies ETF 2.1 50 36 3.5 +2.0
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 2.1 32 54 7.0 +5.5
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 2.1 15 71 7.4 +5.8
GVIP Goldman Sachs Hedge Industry VIP ETF 2.1 45 41 4.6 +3.0
ARKW ARK Next Generation Internet ETF 2.0 87 -1 -3.2 -4.7
RAYD Rayliant Quantitative Developed Market Equity ETF 2.0 80 6 4.5 +2.9
HAIL SPDR S&P Kensho Smart Mobility ETF 2.0 45 41 -4.2 -5.8
SFYF SoFi Social 50 ETF 2.0 29 57 -1.2 -2.7
FXO First Trust Financials AlphaDEX Fund 2.0 62 24 9.4 +7.9
KOMP SPDR S&P Kensho New Economies Composite ETF 2.0 20 66 2.1 +0.5
EIDO iShares MSCI Indonesia ETF 2.0 59 27 6.7 +5.1
SMCP AlphaMark Actively Managed Small Cap ETF 1.9 90 -4 0.0 -1.5
PXH Invesco FTSE RAFI Emerging Markets ETF 1.9 49 37 11.2 +9.7
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.9 32 54 6.1 +4.5
DWLD Davis Select Worldwide ETF 1.9 63 23 5.7 +4.2
EMGF iShares Emerging Markets Equity Factor ETF 1.9 25 61 8.6 +7.0
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 1.8 59 27 -0.6 -2.1
QQQN VictoryShares Nasdaq Next 50 ETF 1.8 18 68 4.2 +2.6
EMXF iShares ESG Advanced MSCI EM ETF 1.8 16 70 7.5 +6.0
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 1.7 95 -9 10.6 +9.0
FLN First Trust Latin America AlphaDEX Fund 1.7 80 6 9.9 +8.4
WTAI WisdomTree Artificial Intelligence and Innovation Fund 1.7 45 41 1.2 -0.4
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 1.7 60 26 5.1 +3.6
FM iShares Frontier and Select EM ETF 1.7 80 6 9.3 +7.8
AWAY ETFMG Travel Tech ETF 1.7 76 10 -3.7 -5.3
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 1.6 39 47 11.9 +10.4
IPOS Renaissance International IPO ETF 1.6 80 6 -354.5 -356.0
EEMS iShares MSCI Emerging Markets Small Cap ETF 1.6 70 16 7.0 +5.5
TECB iShares U.S. Tech Breakthrough Multisector ETF 1.6 40 46 3.8 +2.3
CGGO Capital Group Global Growth Equity ETF 1.6 47 39 4.0 +2.5
XCEM Columbia EM Core ex-China ETF 1.6 16 70 -24.4 -26.0
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 1.6 45 41 8.3 +6.7
AFK VanEck Africa Index ETF 1.5 98 -12 9.4 +7.9
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 1.5 24 62 6.8 +5.3
NULG Nuveen ESG Large-Cap Growth ETF 1.5 26 60 4.1 +2.6
GLIN VanEck India Growth Leaders ETF 1.5 77 9 4.6 +3.1
NULC Nuveen ESG Large-Cap ETF 1.4 21 65 5.4 +3.8
FDIS Fidelity MSCI Consumer Discretionary Index ETF 1.4 8 78 4.5 +3.0
DFAE Dimensional Emerging Core Equity Market ETF 1.4 35 51 7.6 +6.0
SPEM SPDR Portfolio Emerging Markets ETF 1.4 7 79 1.6 +0.1
PEJ Invesco Leisure and Entertainment ETF 1.4 58 28 -0.4 -1.9
AVEM Avantis Emerging Markets Equity ETF 1.4 33 53 8.7 +7.2
PWB Invesco Large Cap Growth ETF 1.3 56 30 2.9 +1.4
BNGE First Trust S-Network Streaming and Gaming ETF 1.3 70 16 -1.1 -2.6
MILN Global X Millennial Consumer ETF 1.3 50 36 2.3 +0.8
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.3 39 47 4.1 +2.5
PSC Principal U.S. Small-Cap ETF 1.3 38 48 7.8 +6.3
EPP iShares MSCI Pacific ex-Japan ETF 1.3 47 39 5.1 +3.6
VCR Vanguard Consumer Discretionary ETF 1.2 10 76 4.4 +2.8
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 1.1 30 56 7.4 +5.8
FDEV Fidelity International Multifactor ETF 1.1 18 68 7.2 +5.7
IWP iShares Russell Mid-Cap Growth ETF 1.1 23 63 3.6 +2.0
EWX SPDR S&P Emerging Markets Small Cap ETF 1.1 65 21 7.5 +6.0
FPAG FPA Global Equity ETF 1.1 49 37 5.6 +4.0
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 1.1 44 42 9.5 +8.0
AVES Avantis Emerging Markets Value ETF 1.1 36 50 11.7 +10.1
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 1.0 75 11 3.0 +1.4
JIG JPMorgan International Growth ETF 1.0 55 31 4.1 +2.6
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 1.0 41 45 7.8 +6.2
FLOW Global X U.S. Cash Flow Kings 100 ETF 1.0 25 61 11.2 +9.7
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.0 35 51 4.6 +3.0
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.0 58 28 4.3 +2.8
COWZ Pacer US Cash Cows 100 ETF 1.0 49 37 10.9 +9.3
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 1.0 47 39 0.6 -0.9
GMF SPDR S&P Emerging Asia Pacific ETF 0.9 49 37 6.4 +4.9
AIA iShares Asia 50 ETF 0.9 50 36 7.1 +5.6
ACWX iShares MSCI ACWI ex U.S. ETF 0.9 34 52 4.8 +3.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.9 41 45 6.6 +5.0
IXUS iShares Core MSCI Total International Stock ETF 0.9 7 79 5.0 +3.5
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 0.8 88 -2 6.4 +4.9
VXUS Vanguard Total International Stock ETF 0.8 7 79 5.2 +3.7
EEMO Invesco S&P Emerging Markets Momentum ETF 0.8 29 57 5.8 +4.3
TPIF Timothy Plan International ETF 0.8 62 24 6.5 +5.0
QQQJ Invesco NASDAQ Next Gen 100 ETF 0.8 15 71 4.5 +3.0
FDEM Fidelity Emerging Markets Multifactor ETF 0.8 25 61 11.3 +9.8
NDIA Global X India Active ETF 0.8 75 11 6.1 +4.6
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.8 38 48 8.0 +6.4
BRF VanEck Brazil Small-Cap ETF 0.8 66 20 6.8 +5.3
IXP iShares Global Comm Services ETF 0.8 42 44 5.0 +3.5
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.8 65 21 1.9 +0.4
AVLV Avantis U.S. Large Cap Value ETF 0.7 15 71 7.5 +6.0
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 0.7 20 66 5.0 +3.4
JGRO JPMorgan Active Growth ETF 0.7 44 42 3.2 +1.7
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 0.7 40 46 7.1 +5.6
VEU Vanguard FTSE All-World ex-US Index Fund 0.7 8 78 5.1 +3.6
KOCG FIS Knights of Columbus Global Belief ETF 0.7 75 11 5.1 +3.5
LRGF iShares U.S. Equity Factor ETF 0.7 8 78 5.8 +4.2
IYF iShares U.S. Financials ETF 0.7 40 46 6.3 +4.8
DGT SPDR Global Dow ETF 0.7 50 36 6.6 +5.1
VPL Vanguard FTSE Pacific ETF 0.6 8 78 6.5 +5.0
TTAI FCF International Quality ETF 0.6 59 27 6.7 +5.2
IQDE FlexShares International Quality Dividend Defensive Index ET 0.6 47 39 10.2 +8.7
QQQM Invesco NASDAQ 100 ETF 0.6 15 71 4.5 +2.9
QQQ Invesco QQQ Trust Series I 0.6 20 66 4.4 +2.9
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.6 58 28 10.1 +8.5
UMMA Wahed Dow Jones Islamic World ETF 0.6 65 21 4.2 +2.7
JETS U.S. Global Jets ETF 0.6 60 26 -13.0 -14.6
DSTX Distillate International Fundamental Stability & Value ETF 0.6 55 31 7.4 +5.9
GGME Invesco Next Gen Media and Gaming ETF 0.5 60 26 3.6 +2.1
CWI SPDR MSCI ACWI ex-US ETF 0.5 30 56 6.7 +5.1
VSGX Vanguard ESG International Stock ETF 0.5 12 74 4.3 +2.7
VFMO Vanguard U.S. Momentum Factor ETF 0.5 13 73 2.7 +1.2
BUZZ VanEck Social Sentiment ETF 0.5 75 11 0.1 -1.4
WWJD Inspire International ETF 0.5 80 6 7.0 +5.4
QQMG Invesco ESG NASDAQ 100 ETF 0.5 20 66 4.5 +2.9
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 0.5 51 35 6.6 +5.1
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.5 70 16 3.8 +2.3
MTUM iShares MSCI USA Momentum Factor ETF 0.5 15 71 3.4 +1.9
WUGI AXS Esoterica NextG Economy ETF 0.5 75 11 2.3 +0.7
FFND Future Fund Active ETF 0.5 100 -14 0.2 -1.4
MRAD SmartETFs Advertising & Marketing Technology ETF 0.5 68 18 3.7 +2.2
CIL VictoryShares International Volatility Wtd ETF 0.5 45 41 6.7 +5.2
FNDC Schwab Fundamental International Small Co. Index ETF 0.5 39 47 6.7 +5.2
VIDI Vident International Equity Strategy ETF 0.5 61 25 11.4 +9.8
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.5 7 79 6.4 +4.8
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.5 50 36 10.3 +8.8
QINT American Century Quality Diversified International ETF 0.5 39 47 7.4 +5.9
SMLF iShares U.S. SmallCap Equity Factor ETF 0.5 15 71 6.0 +4.4
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.5 49 37 5.9 +4.4
ONEQ Fidelity Nasdaq Composite Index ETF 0.5 21 65 3.6 +2.1
VT Vanguard Total World Stock ETF 0.5 7 79 5.0 +3.5
IWR iShares Russell Midcap ETF 0.5 19 67 5.6 +4.0
IGRO iShares International Dividend Growth ETF 0.4 15 71 7.3 +5.8
SPDW SPDR Portfolio Developed World ex-US ETF 0.4 3 83 6.8 +5.2
FLBR Franklin FTSE Brazil ETF 0.4 19 67 8.5 +7.0
ACWI iShares MSCI ACWI ETF 0.4 32 54 5.4 +3.8
EWZS iShares MSCI Brazil Small-Cap ETF 0.4 59 27 8.3 +6.7
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 0.4 25 61 6.7 +5.2
IPAC iShares Core MSCI Pacific ETF 0.4 9 77 6.4 +4.8
ISZE iShares MSCI Intl Size Factor ETF 0.4 30 56 6.6 +5.1
HAPI Harbor Human Capital Factor US Large Cap ETF 0.4 36 50 4.6 +3.0
QGRW WisdomTree U.S. Quality Growth Fund 0.4 28 58 4.3 +2.8
QLC FlexShares US Quality Large Cap Index Fund 0.4 25 61 5.5 +3.9
ILCG iShares Morningstar Growth ETF 0.4 4 82 3.8 +2.3
EFG iShares MSCI EAFE Growth ETF 0.4 36 50 4.0 +2.5
VTWG Vanguard Russell 2000 Growth ETF 0.4 15 71 1.7 +0.1
IWO iShares Russell 2000 Growth ETF 0.4 24 62 1.4 -0.1
ESGV Vanguard ESG U.S. Stock ETF 0.4 9 77 4.8 +3.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.4 20 66 5.4 +3.8
IBLC iShares Blockchain and Tech ETF 0.4 47 39 -1.4 -3.0
USXF iShares ESG Advanced MSCI USA ETF 0.3 10 76 4.8 +3.3
EWZ iShares MSCI Brazil ETF 0.3 58 28 7.9 +6.4
HFXI IQ FTSE International Equity Currency Neutral ETF 0.3 20 66 6.7 +5.2
EGUS iShares ESG Aware MSCI USA Growth ETF 0.3 18 68 4.0 +2.5
JSTC Adasina Social Justice All Cap Global ETF 0.3 89 -3 4.5 +3.0
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.3 9 77 4.8 +3.3
FLGR Franklin FTSE Germany ETF 0.3 9 77 7.1 +5.5
IYC iShares U.S. Consumer Discretionary ETF 0.3 40 46 3.5 +2.0
SUSL iShares ESG MSCI USA Leaders ETF 0.3 10 76 4.9 +3.4
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.3 10 76 4.9 +3.4
MVPS Amplify Thematic All-Stars ETF 0.3 49 37 1.5 -0.0
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.3 30 56 7.7 +6.2
AVUS Avantis U.S. Equity ETF 0.3 15 71 6.0 +4.4
NACP Impact Shares NAACP Minority Empowerment ETF 0.3 49 37 4.8 +3.3
JMOM JPMorgan U.S. Momentum Factor ETF 0.3 12 74 4.7 +3.1
WRND IQ Global Equity R&D Leaders ETF 0.3 18 68 6.9 +5.4
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.3 75 11 4.5 +3.0
EWG iShares MSCI Germany ETF 0.3 50 36 6.6 +5.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.3 9 77 5.5 +4.0
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.3 30 56 8.3 +6.8
GDEF Goldman Sachs Defensive Equity ETF 0.3 55 31 4.3 +2.8
AIVL WisdomTree U.S. AI Enhanced Value Fund 0.3 38 48 6.8 +5.3
VTWO Vanguard Russell 2000 ETF 0.3 10 76 3.8 +2.2
IWM iShares Russell 2000 ETF 0.3 19 67 3.6 +2.1
FNDA Schwab Fundamental US Small Co. Index ETF 0.3 25 61 6.6 +5.0
XITK SPDR FactSet Innovative Technology ETF 0.3 45 41 2.4 +0.9
VEA Vanguard FTSE Developed Markets ETF 0.3 5 81 6.9 +5.3
DBGR Xtrackers MSCI Germany Hedged Equity ETF 0.3 45 41 6.6 +5.1
RVRB Reverb ETF 0.3 30 56 4.8 +3.3
AIQ Global X Artificial Intelligence & Technology ETF 0.3 68 18 3.7 +2.2
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.3 10 76 5.3 +3.7
FLLA Franklin FTSE Latin America ETF 0.3 19 67 -106.0 -107.6
SCHF Schwab International Equity ETF 0.3 6 80 7.0 +5.4
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.3 10 76 4.5 +3.0
IVRS iShares Future Metaverse Tech and Communications ETF 0.3 47 39 -2.9 -4.4
VFQY Vanguard U.S. Quality Factor ETF 0.3 13 73 6.9 +5.4
GLOF iShares Global Equity Factor ETF 0.3 20 66 7.1 +5.6
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.3 12 74 4.9 +3.4
IXG iShares Global Financials ETF 0.3 42 44 6.9 +5.3
BLES Inspire Global Hope ETF 0.3 61 25 6.3 +4.7
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.2 12 74 7.3 +5.7
GSID Goldman Sachs MarketBeta International Equity ETF 0.2 20 66 6.6 +5.1
IWN iShares Russell 2000 Value ETF 0.2 24 62 5.7 +4.1
IMCG iShares Morningstar Mid-Cap Growth ETF 0.2 6 80 4.1 +2.6
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.2 7 79 5.0 +3.5
VTWV Vanguard Russell 2000 Value ETF 0.2 15 71 5.8 +4.3
APIE ActivePassive International Equity ETF 0.2 45 41 7.8 +6.2
SUSA iShares MSCI USA ESG Select ETF 0.2 25 61 5.1 +3.5
JRNY ALPS Global Travel Beneficiaries ETF 0.2 65 21 0.5 -1.1
VOTE TCW Transform 500 ETF 0.2 5 81 5.0 +3.5
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.2 35 51 6.1 +4.5
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.2 2 84 5.1 +3.5
BKIE BNY Mellon International Equity ETF 0.2 4 82 6.9 +5.3
ILCB iShares Morningstar U.S. Equity ETF 0.2 3 83 5.1 +3.5
JPXN iShares JPX-Nikkei 400 ETF 0.2 48 38 7.2 +5.7
FBCG Fidelity Blue Chip Growth ETF 0.2 59 27 2.4 +0.8
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.2 10 76 4.6 +3.0
SCHC Schwab International Small-Cap Equity ETF 0.2 11 75 5.9 +4.4
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.2 7 79 5.0 +3.5
CARZ First Trust NASDAQ Global Auto Index Fund 0.2 70 16 3.4 +1.9
BKLC BNY Mellon US Large Cap Core Equity ETF 0.2 0 86 5.1 +3.5
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.2 20 66 6.0 +4.4
VFVA Vanguard U.S. Value Factor ETF 0.2 13 73 10.8 +9.2
EFA iShares MSCI EAFE ETF 0.2 35 51 6.4 +4.9
IMCB iShares Morningstar Mid-Cap ETF 0.2 4 82 6.0 +4.5
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.2 11 75 5.1 +3.5
EQAL Invesco Russell 1000 Equal Weight ETF 0.2 20 66 6.0 +4.5
IWS iShares Russell Mid-Cap Value ETF 0.2 23 63 6.6 +5.0
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.2 36 50 6.3 +4.8
ESGU iShares ESG Aware MSCI USA ETF 0.2 15 71 5.0 +3.4
BBJP JPMorgan BetaBuilders Japan ETF 0.2 19 67 6.8 +5.3
SXQG ETC 6 Meridian Quality Growth ETF 0.2 100 -14 3.9 +2.4
MOON Direxion Moonshot Innovators ETF 0.2 65 21 -20.6 -22.2
IEFA iShares Core MSCI EAFE ETF 0.2 7 79 6.6 +5.1
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.2 20 66 6.6 +5.0
TOK iShares MSCI Kokusai ETF 0.2 26 60 5.2 +3.6
URTH iShares MSCI World ETF 0.2 24 62 5.3 +3.7
GWX SPDR S&P International Small Cap ETF 0.2 40 46 5.3 +3.8
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 77 5.3 +3.8
FTC First Trust Large Cap Growth AlphaDEX Fund 0.2 59 27 2.6 +1.1
EUSA iShares MSCI USA Equal Weighted ETF 0.2 9 77 5.9 +4.4
PBUS Invesco MSCI USA ETF 0.2 4 82 5.1 +3.6
IEDI iShares U.S. Consumer Focused ETF 0.2 18 68 4.6 +3.0
IDEV iShares Core MSCI International Developed Markets ETF 0.2 4 82 6.7 +5.2
SIZE iShares MSCI USA Size Factor ETF 0.2 15 71 5.9 +4.4
IMCV iShares Morningstar Mid-Cap Value ETF 0.2 6 80 8.0 +6.5
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.2 25 61 5.5 +4.0
FLJP Franklin FTSE Japan ETF 0.1 9 77 6.8 +5.3
EWJ iShares MSCI Japan ETF 0.1 50 36 6.4 +4.9
IDHQ Invesco S&P International Developed High Quality ETF 0.1 29 57 5.9 +4.4
DBJP Xtrackers MSCI Japan Hedged Equity ETF 0.1 47 39 6.3 +4.8
NUDM Nuveen ESG International Developed Markets Equity ETF 0.1 31 55 6.2 +4.7
JIRE JPMorgan International Research Enhanced Equity ETF 0.1 24 62 6.7 +5.1
FLJH Franklin FTSE Japan Hedged ETF 0.1 9 77 6.6 +5.1
IWF iShares Russell 1000 Growth ETF 0.1 19 67 4.4 +2.8
VONG Vanguard Russell 1000 Growth ETF 0.1 8 78 4.5 +2.9
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF 0.1 85 1 -1.3 -2.8
SMMD iShares Russell 2500 ETF 0.1 15 71 5.9 +4.3
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 66 7.0 +5.5
RECS Columbia Research Enhanced Core ETF 0.1 15 71 5.4 +3.9
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.1 42 44 6.6 +5.1
IWV iShares Russell 3000 ETF 0.1 20 66 4.8 +3.3
TMFC Motley Fool 100 Index ETF 0.1 50 36 3.7 +2.2
VTHR Vanguard Russell 3000 ETF 0.1 10 76 4.9 +3.4
IWB iShares Russell 1000 ETF 0.1 15 71 5.0 +3.4
VONE Vanguard Russell 1000 ETF 0.1 8 78 5.0 +3.5
SPEU SPDR Portfolio Europe ETF 0.1 7 79 6.7 +5.1
IMFL Invesco International Developed Dynamic Multifactor ETF 0.1 34 52 10.8 +9.3
VGK Vanguard FTSE Europe ETF 0.1 11 75 6.8 +5.3
AVDV Avantis International Small Cap Value ETF 0.1 36 50 7.9 +6.4
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.1 45 41 8.3 +6.8
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.1 32 54 4.9 +3.4
REVS Columbia Research Enhanced Value ETF 0.1 19 67 7.8 +6.2
ESGD iShares ESG Aware MSCI EAFE ETF 0.1 20 66 6.4 +4.9
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 0.1 25 61 7.7 +6.1
IQSI IQ Candriam International Equity ETF 0.1 15 71 6.3 +4.7
FEX First Trust Large Cap Core AlphaDEX Fund 0.1 59 27 5.5 +4.0
FLEU Franklin FTSE Eurozone ETF 0.1 9 77 6.7 +5.2
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.1 64 22 2.0 +0.4
RXI iShares Global Consumer Discretionary ETF 0.1 41 45 5.3 +3.8
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.1 39 47 7.5 +6.0
BBEU JPMorgan BetaBuilders Europe ETF 0.1 9 77 6.7 +5.2
IUS Invesco RAFI Strategic US ETF 0.1 19 67 7.1 +5.6
FLEE Franklin FTSE Europe ETF 0.1 9 77 6.9 +5.3
EZU iShares MSCI Eurozone ETF 0.1 52 34 6.2 +4.7
NANC Unusual Whales Subversive Democratic Trading ETF 0.1 75 11 3.7 +2.1
ESGG FlexShares STOXX Global ESG Select Index Fund 0.1 42 44 4.9 +3.4
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.1 39 47 7.5 +5.9
IQLT iShares MSCI Intl Quality Factor ETF 0.1 30 56 5.7 +4.1
VONV Vanguard Russell 1000 Value ETF 0.1 8 78 6.7 +5.1
IWD iShares Russell 1000 Value ETF 0.1 19 67 6.6 +5.0
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.1 45 41 6.3 +4.8
DMXF iShares ESG Advanced MSCI EAFE ETF 0.1 12 74 5.4 +3.8
JHMD John Hancock Multifactor Developed International ETF 0.1 39 47 7.4 +5.8
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.0 14 72 5.2 +3.6
AVDE Avantis International Equity ETF 0.0 23 63 7.9 +6.3
IEUS iShares MSCI Europe Small-Cap ETF 0.0 42 44 5.8 +4.3
IEV iShares Europe ETF 0.0 67 19 6.3 +4.7
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 62 6.2 +4.6
DFAI Dimensional International Core Equity Market ETF 0.0 18 68 6.9 +5.4
DXJ WisdomTree Japan Hedged Equity Fund 0.0 48 38 7.8 +6.3
ISCF iShares International SmallCap Equity Factor ETF 0.0 23 63 8.7 +7.1
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.0 4 82 6.1 +4.5
IMTM iShares MSCI Intl Momentum Factor ETF 0.0 30 56 7.1 +5.6
IETC iShares U.S. Tech Independence Focused ETF 0.0 18 68 4.0 +2.5
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.0 46 40 6.4 +4.9
FNDF Schwab Fundamental International Large Co. Index ETF 0.0 25 61 9.0 +7.4
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 71 4.7 +3.2
DFIS Dimensional International Small Cap ETF 0.0 39 47 6.6 +5.1
JPIN J.P. Morgan Diversified Return International Equity ETF 0.0 37 49 8.6 +7.1
IEUR iShares Core MSCI Europe ETF 0.0 11 75 6.7 +5.2
ILCV iShares Morningstar Value ETF 0.0 4 82 6.6 +5.1
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 69 6.9 +5.4
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 47 6.5 +5.0
ROAM Hartford Multifactor Emerging Markets ETF 0.0 44 42 11.4 +9.9
STXG Strive 1000 Growth ETF 0.0 18 68 4.0 +2.5
SCZ iShares MSCI EAFE Small-Cap ETF 0.0 40 46 6.0 +4.4
EPS WisdomTree U.S. LargeCap Fund 0.0 8 78 6.2 +4.6
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 61 6.8 +5.3
STRV Strive 500 ETF 0.0 5 81 5.0 +3.5
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.0 24 62 8.4 +6.9
VYMI Vanguard International High Dividend Yield ETF 0.0 22 64 9.7 +8.1
DFIC Dimensional International Core Equity 2 ETF 0.0 23 63 7.4 +5.9
TGRW T. Rowe Price Growth Stock ETF 0.0 52 34 4.0 +2.4
HLAL Wahed FTSE USA Shariah ETF 0.0 50 36 4.8 +3.2
DIVI Franklin International Core Dividend Tilt Index ETF 0.0 9 77 7.9 +6.4
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.0 30 56 6.8 +5.2
QUS SPDR MSCI USA StrategicFactors ETF 0.0 15 71 5.9 +4.3
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 56 5.9 +4.4
TCHP T. Rowe Price Blue Chip Growth ETF 0.0 57 29 3.3 +1.8

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%.

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 6.7 %
Divided by: Fwd. P/BV 2.8 x
Less: Expense ratio 86 bp
Equals: ALTAR Score 1.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.38 CATEGORY
AVERAGE
1.40
 
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.