Schwab Fundamental Emerging Markets Large Co. Index ETF
ALTAR
Score™		 12.5% info Recommen-
dation		 SPECULATIVE
2024E    2025E
P/E
ratio		 8.1x P/Sales
ratio		 0.5x
P/BV
ratio		 0.9x Div.
yield		 4.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Schwab Fundamental Emerging Markets Large Company Index ETF is an exchange-traded fund incorporated in the USA. The ETF seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental Emerging Markets Large Company Index.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Charles Schwab Investment Mana
Website www.schwabetfs.com
Inception date Aug 15, 2013
Assets (mns) $5,608
Currency USD
Expense ratio 39 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian State Street Bank & Trust Co
Weighting Fundamental
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 395
Wgt avg mkt cap (mns) $90,453
Large cap (>$10bn) 75.2%
Mid cap ($2-10bn) 21.0%
Small cap (<$2bn) 1.6%
Developed mkts 5.0%
Emerging mkts 95.0%

TOP TEN HOLDINGS
TAIWAN SEMICONDUCTOR MANUFAC 4.7 %
HON HAI PRECISION INDUSTRY 3.6 %
CHINA CONSTRUCTION BANK-H 3.4 %
PETROBRAS - PETROLEO BRAS-PR 2.4 %
TENCENT HOLDINGS LTD 2.2 %
VALE SA 2.1 %
ALIBABA GROUP HOLDING LTD. 2.0 %
IND & COMM BK OF CHINA - H 1.9 %
PETROBRAS - PETROLEO BRAS 1.7 %
BANK OF CHINA LTD - H 1.6 %
Total 25.6 %

TOP COUNTRY EXPOSURE
CHINA 26.7 %
TAIWAN 19.9 %
INDIA 12.8 %
BRAZIL 11.5 %
SOUTH AFRICA 4.1 %
HONG KONG 3.2 %
MEXICO 2.7 %
THAILAND 2.5 %
SAUDI ARABIA 2.4 %
MALAYSIA 1.7 %

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.
-0.3% 8.9% 3.7% 3.6% 3.9%

Market Correlations
versus... Beta R-squared
S&P500 0.60 40%
MSCI EAFE 0.81 67%
MSCI Emg. Mkts. 0.90 88%

Technical Indicators
Recent close $28.00
30d moving avg. $26.51
Annualized volatility 16.9%
Short interest (ETF) 0.1%
Relative strength (RSI) 52

Liquidity measures
Avg. volume (thou.) 607
Turnover 0.3%
Bid/Ask (% of price) 0.04%
ADV underlying (mns) $13,793

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 353 potential alternatives to the Schwab Fundamental Emerging Markets Large Co. Index ETF ETF based on the alternatives' overlap in portfolio holdings with FNDE. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FNDE Expense: 39 bp ALTAR Score™: 12.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FNDE
Ticker Fund
Name		 Overlap1
vs FNDE
(%)		 Expense
ratio
(bp)		 Savings
vs FNDE
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs FNDE
(%)
PXH Invesco FTSE RAFI Emerging Markets ETF 69.2 49 -10 12.4 -0.1
SCHE Schwab Emerging Markets Equity ETF 48.1 11 28 7.6 -5.0
JHEM John Hancock Multifactor Emerging Markets ETF 47.1 49 -10 8.3 -4.2
EEM iShares MSCI Emerging Markets ETF 45.1 69 -30 7.0 -5.6
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 44.8 66 -27 7.2 -5.3
BKEM BNY Mellon Emerging Markets Equity ETF 44.4 11 28 7.7 -4.8
VWO Vanguard FTSE Emerging Markets ETF 43.7 8 31 7.6 -5.0
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 43.7 36 3 7.5 -5.1
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 43.2 50 -11 10.5 -2.0
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 42.9 45 -6 8.6 -3.9
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 41.3 30 9 7.5 -5.0
IEMG iShares Core MSCI Emerging Markets ETF 40.6 9 30 7.5 -5.0
LDEM iShares ESG MSCI EM Leaders ETF 39.8 17 22 7.7 -4.8
DFAE Dimensional Emerging Core Equity Market ETF 39.5 35 4 7.7 -4.8
EMXC iShares MSCI Emerging Markets ex China ETF 38.9 25 14 6.7 -5.9
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 38.5 20 19 7.5 -5.1
EEMA iShares MSCI Emerging Markets Asia ETF 38.0 49 -10 6.7 -5.9
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 37.2 15 24 7.1 -5.5
SPEM SPDR Portfolio Emerging Markets ETF 37.1 7 32 7.5 -5.0
EMXF iShares ESG Advanced MSCI EM ETF 37.1 16 23 7.4 -5.1
DFEV Dimensional Emerging Markets Value ETF 37.0 43 -4 10.9 -1.6
EMGF iShares Emerging Markets Equity Factor ETF 36.9 25 14 8.7 -3.9
AAXJ iShares MSCI All Country Asia ex Japan ETF 36.4 70 -31 6.3 -6.2
FLAX Franklin FTSE Asia Ex Japan ETF 35.9 19 20 7.2 -5.4
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 35.8 24 15 7.1 -5.4
ROAM Hartford Multifactor Emerging Markets ETF 35.3 44 -5 11.7 -0.8
ESGE iShares ESG Aware MSCI EM ETF 35.1 25 14 7.7 -4.8
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 35.0 30 9 8.5 -4.0
STXE Strive Emerging Markets Ex-China ETF 34.8 32 7 6.9 -5.6
BKF iShares MSCI BIC ETF 34.5 69 -30 7.1 -5.4
DFEM Dimensional Emerging Markets Core Equity 2 ETF 34.3 38 1 8.2 -4.3
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 33.0 59 -20 9.6 -3.0
GMF SPDR S&P Emerging Asia Pacific ETF 32.7 49 -10 6.4 -6.2
DEM WisdomTree Emerging Markets High Dividend Fund 31.5 63 -24 12.9 +0.4
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 31.4 33 6 7.2 -5.4
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 31.4 44 -5 10.3 -2.2
XCEM Columbia EM Core ex-China ETF 30.4 16 23 7.4 -5.2
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 30.1 41 -2 7.8 -4.7
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 28.0 18 21 7.9 -4.7
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 26.7 32 7 7.6 -5.0
AVEM Avantis Emerging Markets Equity ETF 26.7 33 6 9.1 -3.4
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 26.6 32 7 6.3 -6.3
XC WisdomTree Emerging Markets Ex-China Fund 26.3 32 7 6.2 -6.3
NUEM Nuveen ESG Emerging Markets Equity ETF 26.0 36 3 6.8 -5.7
MCHI iShares MSCI China ETF 26.0 59 -20 8.9 -3.6
DEHP Dimensional Emerging Markets High Profitability ETF 25.6 41 -2 7.3 -5.3
FLCH Franklin FTSE China ETF 25.4 19 20 9.6 -2.9
EMMF WisdomTree Emerging Markets Multifactor Fund 25.4 48 -9 9.4 -3.2
EMDM First Trust Bloomberg Emerging Market Democracies ETF 25.1 75 -36 9.6 -2.9
FDEM Fidelity Emerging Markets Multifactor ETF 24.7 25 14 11.9 -0.6
AIA iShares Asia 50 ETF 24.6 50 -11 6.9 -5.7
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 24.4 40 -1 7.1 -5.4
AVES Avantis Emerging Markets Value ETF 24.0 36 3 12.1 -0.5
GXC SPDR S&P China ETF 23.9 59 -20 9.0 -3.5
FXI iShares China Large-Cap ETF 23.3 74 -35 9.6 -3.0
RNEM First Trust Emerging Markets Equity Select ETF 22.5 75 -36 8.2 -4.3
KALL KraneShares MSCI All China Index ETF 21.2 49 -10 9.4 -3.2
DVYE iShares Emerging Markets Dividend ETF 21.1 49 -10 16.6 +4.1
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 20.9 25 14 7.0 -5.5
CN Xtrackers MSCI All China Equity ETF 20.2 50 -11 8.7 -3.9
EWT iShares MSCI Taiwan ETF 19.8 58 -19 5.7 -6.8
FLTW Franklin FTSE Taiwan ETF 19.7 19 20 6.0 -6.5
UEVM VictoryShares Emerging Markets Value Momentum ETF 19.5 45 -6 12.7 +0.2
FEM First Trust Emerging Markets AlphaDEX Fund 18.8 80 -41 16.3 +3.8
EELV Invesco S&P Emerging Markets Low Volatility ETF 18.7 29 10 8.3 -4.2
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 18.7 95 -56 11.4 -1.1
EEMO Invesco S&P Emerging Markets Momentum ETF 18.1 29 10 6.2 -6.4
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 16.8 20 19 10.7 -1.8
EDIV SPDR S&P Emerging Markets Dividend ETF 16.2 49 -10 10.9 -1.7
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 16.0 88 -49 6.2 -6.3
ACWX iShares MSCI ACWI ex U.S. ETF 15.2 34 5 6.7 -5.8
FLLA Franklin FTSE Latin America ETF 15.1 19 20 11.7 -0.9
VYMI Vanguard International High Dividend Yield ETF 14.9 22 17 9.7 -2.8
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 14.7 41 -2 6.7 -5.9
RODE Hartford Multifactor Diversified International ETF 14.2 29 10 11.5 -1.0
JCHI JPMorgan Active China ETF 13.6 65 -26 7.9 -4.6
ACWV iShares MSCI Global Min Vol Factor ETF 13.3 20 19 6.7 -5.8
VXUS Vanguard Total International Stock ETF 13.2 7 32 7.1 -5.4
IXUS iShares Core MSCI Total International Stock ETF 13.2 7 32 6.9 -5.6
VEU Vanguard FTSE All-World ex-US Index Fund 13.2 8 31 7.2 -5.3
VSGX Vanguard ESG International Stock ETF 12.8 12 27 6.8 -5.7
ECOW Pacer Emerging Markets Cash Cows 100 ETF 12.6 70 -31 11.4 -1.1
MEM Matthews Emerging Markets Equity Active ETF 12.2 79 -40 5.7 -6.8
FLIN Franklin FTSE India ETF 12.2 19 20 5.2 -7.3
FRDM Freedom 100 Emerging Markets ETF 12.1 49 -10 7.3 -5.2
MCH Matthews China Active ETF 12.0 79 -40 6.1 -6.5
MINV Matthews Asia Innovators Active ETF 11.6 79 -40 2.8 -9.7
ECON Columbia Emerging Markets Consumer ETF 11.6 49 -10 4.8 -7.8
EPI WisdomTree India Earnings Fund 11.5 85 -46 6.6 -5.9
FCA First Trust China AlphaDEX Fund 11.5 80 -41 17.6 +5.1
FLBR Franklin FTSE Brazil ETF 11.4 19 20 12.4 -0.1
PIN Invesco India ETF 11.2 78 -39 3.8 -8.8
INDA iShares MSCI India ETF 11.2 65 -26 3.7 -8.9
SDEM Global X MSCI SuperDividend Emerging Markets ETF 11.2 67 -28 17.5 +5.0
EWZ iShares MSCI Brazil ETF 11.2 58 -19 11.9 -0.7
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 11.2 42 -3 6.8 -5.7
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 10.8 60 -21 0.9 -11.6
IQDF FlexShares International Quality Dividend Index Fund 10.7 47 -8 10.7 -1.8
ADIV SmartETFs Asia Pacific Dividend Builder ETF 10.4 78 -39 8.8 -3.7
FLN First Trust Latin America AlphaDEX Fund 10.2 80 -41 11.1 -1.5
CWI SPDR MSCI ACWI ex-US ETF 10.0 30 9 6.8 -5.7
DEW WisdomTree Global High Dividend Fund 10.0 58 -19 9.1 -3.4
NFTY First Trust India NIFTY 50 Equal Weight ETF 9.8 80 -41 6.1 -6.4
DFAX Dimensional World ex U.S. Core Equity 2 ETF 9.6 30 9 7.8 -4.8
EMC Global X Emerging Markets Great Consumer ETF 9.5 75 -36 4.9 -7.7
IQDY FlexShares International Quality Dividend Dynamic Index Fund 9.2 47 -8 10.3 -2.3
INDY iShares India 50 ETF 9.2 89 -50 3.7 -8.8
VIDI Vident International Equity Strategy ETF 9.1 61 -22 11.9 -0.6
EYLD Cambria Emerging Shareholder Yield ETF 8.9 66 -27 12.1 -0.4
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 8.6 90 -51 7.0 -5.6
FBZ First Trust Brazil AlphaDEX Fund 8.4 80 -41 11.9 -0.6
MOTI VanEck Morningstar International Moat ETF 8.4 58 -19 6.9 -5.6
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 8.1 86 -47 1.9 -10.6
IQDE FlexShares International Quality Dividend Defensive Index ET 7.6 47 -8 10.7 -1.9
CHAT Roundhill Generative AI & Technology ETF 7.4 75 -36 4.2 -8.3
FILL iShares MSCI Global Energy Producers ETF 7.4 39 0 9.0 -3.5
TCHI iShares MSCI China Multisector Tech ETF 7.3 59 -20 3.0 -9.5
GBUY Goldman Sachs Future Consumer Equity ETF 7.2 75 -36 3.1 -9.4
EEMD AAM S&P Emerging Markets High Dividend Value ETF 7.2 49 -10 19.0 +6.5
CXSE WisdomTree China ex-State-Owned Enterprises Fund 7.1 32 7 5.7 -6.9
KTEC KraneShares Hang Seng TECH Index ETF 7.0 69 -30 -3.9 -16.5
KNCT Invesco Next Gen Connectivity ETF 6.8 40 -1 5.9 -6.6
FDNI First Trust Dow Jones International Internet ETF 6.6 65 -26 2.8 -9.7
GVAL Cambria Global Value ETF 6.5 68 -29 12.3 -0.2
KWEB KraneShares CSI China Internet ETF 6.5 69 -30 -0.7 -13.2
LEGR First Trust Indxx Innovative Transaction & Process ETF 6.5 65 -26 8.4 -4.2
DSTX Distillate International Fundamental Stability & Value ETF 6.2 55 -16 8.0 -4.5
WRND IQ Global Equity R&D Leaders ETF 6.2 18 21 7.2 -5.3
IWTR iShares MSCI Water Management Multisector ETF 5.9 47 -8 4.8 -7.7
EDOG ALPS Emerging Sector Dividend Dogs ETF 5.9 60 -21 14.7 +2.2
ACWI iShares MSCI ACWI ETF 5.7 32 7 5.5 -7.1
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 5.6 46 -7 8.8 -3.7
IXN iShares Global Tech ETF 5.5 41 -2 4.3 -8.2
SCHY Schwab International Dividend Equity ETF 5.4 14 25 9.3 -3.3
PICK iShares MSCI Global Metals & Mining Producers ETF 5.4 39 0 11.0 -1.6
EMFQ Amplify Emerging Markets FinTech ETF 5.3 69 -30 5.4 -7.1
EMM Global X Emerging Markets ex-China ETF 5.2 75 -36 3.7 -8.8
CGXU Capital Group International Focus Equity ETF 5.2 54 -15 4.1 -8.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 5.1 20 19 5.6 -6.9
GLOF iShares Global Equity Factor ETF 5.0 20 19 7.1 -5.5
KOIN Capital Link Global Fintech Leaders ETF 4.9 75 -36 4.6 -7.9
NXTG First Trust Indxx NextG ETF 4.9 70 -31 6.0 -6.5
VT Vanguard Total World Stock ETF 4.7 7 32 5.8 -6.7
MOTG VanEck Morningstar Global Wide Moat ETF 4.7 52 -13 5.8 -6.8
CLNR IQ Cleaner Transport ETF 4.6 45 -6 8.3 -4.3
WWJD Inspire International ETF 4.5 80 -41 7.1 -5.4
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 4.4 68 -29 8.8 -3.7
CHIQ Global X MSCI China Consumer Discretionary ETF 4.4 65 -26 5.3 -7.2
OBOR KraneShares MSCI One Belt One Road Index ETF 4.3 79 -40 10.3 -2.2
ASEA Global X FTSE Southeast Asia ETF 4.3 65 -26 6.5 -6.0
DGT SPDR Global Dow ETF 4.3 50 -11 6.7 -5.9
METV Roundhill Ball Metaverse ETF 4.1 59 -20 3.4 -9.2
BLES Inspire Global Hope ETF 4.0 61 -22 6.3 -6.2
NDIA Global X India Active ETF 3.9 75 -36 6.5 -6.0
GGME Invesco Next Gen Media and Gaming ETF 3.7 60 -21 4.1 -8.4
ANEW ProShares MSCI Transformational Changes ETF 3.6 45 -6 3.3 -9.2
IGRO iShares International Dividend Growth ETF 3.6 15 24 7.1 -5.5
JIG JPMorgan International Growth ETF 3.6 55 -16 4.3 -8.2
ARVR First Trust Indxx Metaverse ETF 3.5 70 -31 2.5 -10.0
ILF iShares Latin America 40 ETF 3.4 48 -9 10.3 -2.3
XT iShares Exponential Technologies ETF 3.4 46 -7 3.9 -8.7
EZA iShares MSCI South Africa ETF 3.4 58 -19 11.4 -1.1
CGRO CoreValues Alpha Greater China Growth ETF 3.3 75 -36 2.6 -9.9
IXP iShares Global Comm Services ETF 3.2 42 -3 5.3 -7.2
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 3.2 60 -21 10.0 -2.5
AFK VanEck Africa Index ETF 3.1 98 -59 10.0 -2.5
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 3.1 47 -8 0.7 -11.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.1 12 27 5.1 -7.5
RXI iShares Global Consumer Discretionary ETF 3.0 41 -2 5.5 -7.0
FTRI First Trust Indxx Global Natural Resources Income ETF 3.0 70 -31 10.6 -1.9
CQQQ Invesco China Technology ETF 2.9 70 -31 -5.7 -18.2
VIGI Vanguard International Dividend Appreciation ETF 2.9 15 24 5.6 -7.0
IXG iShares Global Financials ETF 2.9 42 -3 6.8 -5.7
EWW iShares MSCI Mexico ETF 2.7 50 -11 9.7 -2.9
FLMX Franklin FTSE Mexico ETF 2.7 19 20 10.8 -1.7
FMET Fidelity Metaverse ETF 2.6 39 0 4.4 -8.2
AIQ Global X Artificial Intelligence & Technology ETF 2.6 68 -29 4.2 -8.4
IVRS iShares Future Metaverse Tech and Communications ETF 2.5 47 -8 -5.3 -17.8
SDIV Global X Superdividend ETF 2.5 58 -19 17.6 +5.1
JSTC Adasina Social Justice All Cap Global ETF 2.5 89 -50 4.8 -7.8
THD iShares MSCI Thailand ETF 2.5 58 -19 5.8 -6.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 2.4 9 30 5.7 -6.8
KSA iShares MSCI Saudi Arabia ETF 2.4 74 -35 5.6 -7.0
FLSA Franklin FTSE Saudi Arabia ETF 2.4 39 0 5.7 -6.8
ESPO VanEck Video Gaming and eSports ETF 2.3 56 -17 4.5 -8.0
SOCL Global X Social Media ETF 2.2 65 -26 -5.8 -18.3
MRAD SmartETFs Advertising & Marketing Technology ETF 2.2 68 -29 4.2 -8.3
ODDS Pacer BlueStar Digital Entertainment ETF 2.2 60 -21 3.0 -9.5
IWFH iShares Virtual Work and Life Multisector ETF 2.2 47 -8 -3.5 -16.0
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 2.1 80 -41 14.2 +1.6
IPKW Invesco International BuyBack Achievers ETF 2.1 55 -16 9.1 -3.5
GTEK Goldman Sachs Future Tech Leaders Equity ETF 2.1 75 -36 3.2 -9.4
IBUY Amplify Online Retail ETF 1.8 65 -26 1.8 -10.7
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 1.7 58 -19 10.1 -2.4
EWM iShares MSCI Malaysia ETF 1.7 50 -11 5.7 -6.9
TUR iShares MSCI Turkey ETF 1.7 58 -19 18.6 +6.1
FID First Trust S&P International Dividend Aristocrats ETF 1.7 60 -21 9.8 -2.7
WDIV SPDR S&P Global Dividend ETF 1.7 40 -1 10.2 -2.3
CGV Conductor Global Equity Value ETF 1.7 130 -91 11.3 -1.2
DWX SPDR S&P International Dividend ETF 1.6 45 -6 7.1 -5.4
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.6 61 -22 -4.0 -16.5
HJEN Direxion Hydrogen ETF 1.6 45 -6 -3.2 -15.7
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.6 12 27 8.7 -3.8
DINT Davis Select International ETF 1.5 55 -16 4.7 -7.8
DWLD Davis Select Worldwide ETF 1.5 63 -24 5.6 -6.9
TTAI FCF International Quality ETF 1.5 59 -20 7.4 -5.1
MVPS Amplify Thematic All-Stars ETF 1.4 49 -10 1.7 -10.9
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 1.4 86 -47 1.9 -10.6
INQQ India Internet & Ecommerce ETF 1.4 86 -47 10.8 -1.8
BWEB Bitwise Web3 ETF 1.4 85 -46 0.9 -11.6
INCO Columbia India Consumer ETF 1.4 75 -36 1.6 -10.9
KOCG FIS Knights of Columbus Global Belief ETF 1.4 75 -36 5.3 -7.2
EIDO iShares MSCI Indonesia ETF 1.4 59 -20 7.6 -5.0
GLIN VanEck India Growth Leaders ETF 1.4 77 -38 5.3 -7.2
QINT American Century Quality Diversified International ETF 1.3 39 0 7.4 -5.1
HAP VanEck Natural Resources ETF 1.3 50 -11 9.5 -3.1
OGIG ALPS O'Shares Global Internet Giants ETF 1.3 48 -9 0.5 -12.1
DGIN VanEck Digital India ETF 1.2 71 -32 1.6 -10.9
IDX VanEck Indonesia Index ETF 1.2 57 -18 7.9 -4.6
MXI iShares Global Materials ETF 1.2 41 -2 6.6 -5.9
BUYZ Franklin Disruptive Commerce ETF 1.2 50 -11 2.1 -10.5
SDG iShares MSCI Global Sustainable Development Goals ETF 1.1 49 -10 5.8 -6.7
UAE iShares MSCI UAE ETF 1.1 59 -20 9.0 -3.6
SATO Invesco Alerian Galaxy Crypto Economy ETF 1.1 61 -22 -13.0 -25.5
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 1.1 46 -7 5.6 -7.0
BRAZ Global X Brazil Active ETF 1.1 75 -36 10.3 -2.3
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 1.0 45 -6 6.2 -6.3
QTUM Defiance Quantum ETF 1.0 40 -1 3.9 -8.6
CGGO Capital Group Global Growth Equity ETF 1.0 47 -8 4.3 -8.2
INDF Nifty India Financials ETF 1.0 75 -36 6.0 -6.6
IOO iShares Global 100 ETF 1.0 41 -2 4.8 -7.7
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.0 10 29 8.2 -4.4
WUGI AXS Esoterica NextG Economy ETF 0.9 75 -36 2.1 -10.4
KXI iShares Global Consumer Staples ETF 0.9 41 -2 5.6 -6.9
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.9 70 -31 7.2 -5.3
GMET VanEck Green Metals ETF 0.9 63 -24 9.8 -2.7
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.9 75 -36 5.2 -7.3
IDAT iShares Future Cloud 5G and Tech ETF 0.8 47 -8 4.5 -8.0
SUPL ProShares Supply Chain Logistics ETF 0.8 58 -19 13.1 +0.6
IXC iShares Global Energy ETF 0.8 44 -5 8.2 -4.3
UMMA Wahed Dow Jones Islamic World ETF 0.8 65 -26 4.3 -8.2
CGUS Capital Group Core Equity ETF 0.7 33 6 4.7 -7.8
GINN Goldman Sachs Innovate Equity ETF 0.7 52 -13 2.7 -9.8
EMIF iShares Emerging Markets Infrastructure ETF 0.7 60 -21 4.6 -7.9
ISHP First Trust Nasdaq Retail ETF 0.7 60 -21 3.2 -9.4
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.7 65 -26 1.6 -10.9
QAT iShares MSCI Qatar ETF 0.7 59 -20 9.3 -3.2
DFNL Davis Select Financial ETF 0.7 63 -24 6.8 -5.7
ECH iShares MSCI Chile ETF 0.7 58 -19 10.7 -1.8
CRAK VanEck Oil Refiners ETF 0.7 61 -22 13.1 +0.5
KFVG KraneShares CICC China 5G & Semiconductor Index ETF 0.6 65 -26 5.0 -7.6
FTAG First Trust Indxx Global Agriculture ETF 0.6 70 -31 9.1 -3.4
SNSR Global X Internet of Things ETF 0.6 68 -29 4.3 -8.2
WOOD iShares Global Timber & Forestry ETF 0.6 42 -3 9.6 -2.9
CUT Invesco MSCI Global Timber ETF 0.6 61 -22 8.6 -4.0
ECNS iShares MSCI China Small-Cap ETF 0.6 59 -20 14.2 +1.6
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.6 85 -46 8.1 -4.4
GXG Global X MSCI Colombia ETF 0.5 62 -23 15.2 +2.7
IGPT Invesco AI and Next Gen Software ETF 0.5 60 -21 3.8 -8.7
OND ProShares On-Demand ETF 0.5 58 -19 -2.5 -15.0
ION ProShares S&P Global Core Battery Metals ETF 0.5 58 -19 11.6 -0.9
IGF iShares Global Infrastructure ETF 0.5 41 -2 5.0 -7.6
GII SPDR S&P Global Infrastructure ETF 0.5 40 -1 5.0 -7.6
FPXI First Trust International Equity Opportunities ETF 0.5 70 -31 3.6 -8.9
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.5 47 -8 5.9 -6.6
BTEK Future Tech ETF 0.5 88 -49 2.1 -10.4
RING iShares MSCI Global Gold Miners ETF 0.5 39 0 5.7 -6.8
KURE KraneShares MSCI All China Health Care Index ETF 0.4 65 -26 3.6 -8.9
COPX Global X Copper Miners ETF 0.4 65 -26 6.9 -5.6
LNGG Roundhill Alerian LNG ETF 0.4 65 -26 8.5 -4.0
KBUY KraneShares CICC China Consumer Leaders Index ETF 0.4 69 -30 0.0 -12.5
OCEN IQ Clean Oceans ETF 0.4 45 -6 5.3 -7.2
KGRN KraneShares MSCI China Clean Technology Index ETF 0.4 79 -40 6.5 -6.0
IDOG ALPS International Sector Dividend Dogs ETF 0.4 50 -11 11.6 -0.9
MOTO SmartETFs Smart Transportation & Technology ETF 0.4 68 -29 6.6 -5.9
CARZ First Trust NASDAQ Global Auto Index Fund 0.4 70 -31 3.5 -9.1
DMAT Global X Disruptive Materials ETF 0.4 59 -20 9.9 -2.6
GREK Global X MSCI Greece ETF 0.4 57 -18 -1.6 -14.1
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.4 80 -41 10.8 -1.8
FEP First Trust Europe AlphaDEX Fund 0.4 80 -41 8.6 -3.9
FEUZ First Trust Eurozone AlphaDEX ETF 0.4 80 -41 8.3 -4.2
CGGR Capital Group Growth ETF 0.3 39 0 3.5 -9.1
VEGI iShares MSCI Agriculture Producers ETF 0.3 39 0 9.2 -3.3
SMOG VanEck Low Carbon Energy ETF 0.3 61 -22 3.0 -9.5
MOO VanEck Agribusiness ETF 0.3 53 -14 9.4 -3.1
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.3 58 -19 4.6 -8.0
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.3 72 -33 2.2 -10.3
ERTH Invesco MSCI Sustainable Future ETF 0.3 62 -23 3.7 -8.9
BATT Amplify Lithium & Battery Technology ETF 0.3 59 -20 2.9 -9.6
FPAG FPA Global Equity ETF 0.3 49 -10 5.7 -6.9
EWX SPDR S&P Emerging Markets Small Cap ETF 0.3 65 -26 7.7 -4.8
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.2 45 -6 4.9 -7.6
NTZG Nuveen Global Net Zero Transition ETF 0.2 56 -17 4.9 -7.6
GSFP Goldman Sachs Future Planet Equity ETF 0.2 75 -36 4.5 -8.0
ROBO ROBO Global Robotics & Automation Index ETF 0.2 95 -56 2.8 -9.7
DRIV Global X Autonomous & Electric Vehicles ETF 0.2 68 -29 3.4 -9.2
BNE Blue Horizon BNE ETF 0.2 87 -48 5.0 -7.5
IQRA IQ CBRE Real Assets ETF 0.2 65 -26 5.9 -6.6
DTCR Global X Data Center & Digital Infrastructure ETF 0.2 50 -11 2.7 -9.9
SRVR Pacer Data & Infrastructure Real Estate ETF 0.2 55 -16 2.9 -9.6
JXI iShares Global Utilities ETF 0.2 43 -4 6.7 -5.9
RNRG Global X Renewable Energy Producers ETF 0.2 66 -27 4.9 -7.6
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 7 32 6.5 -6.0
AADR AdvisorShares Dorsey Wright ADR ETF 0.2 110 -71 5.4 -7.2
EBIZ Global X E-Commerce ETF 0.2 50 -11 1.2 -11.4
PGJ Invesco Golden Dragon China ETF 0.2 70 -31 4.9 -7.6
PNQI Invesco NASDAQ Internet ETF 0.2 60 -21 2.6 -9.9
GDX VanEck Gold Miners ETF 0.2 51 -12 4.7 -7.9
OSEA Harbor International Compounders ETF 0.2 55 -16 3.7 -8.8
EWZS iShares MSCI Brazil Small-Cap ETF 0.2 59 -20 8.2 -4.3
IQSI IQ Candriam International Equity ETF 0.2 15 24 6.4 -6.1
SEA U.S. Global Sea to Sky Cargo ETF 0.2 60 -21 24.1 +11.5
SHPP Pacer Industrials and Logistics ETF 0.2 60 -21 8.9 -3.6
BOAT SonicShares Global Shipping ETF 0.2 69 -30 29.1 +16.6
GSID Goldman Sachs MarketBeta International Equity ETF 0.2 20 19 6.7 -5.9
FM iShares Frontier and Select EM ETF 0.2 80 -41 9.5 -3.0
BKIE BNY Mellon International Equity ETF 0.2 4 35 6.9 -5.7
GLIF AGF Global Infrastructure ETF 0.2 45 -6 5.5 -7.0
APIE ActivePassive International Equity ETF 0.1 45 -6 7.7 -4.8
ARGT Global X MSCI Argentina ETF 0.1 59 -20 7.4 -5.1
AQWA Global X Clean Water ETF 0.1 50 -11 4.3 -8.2
PIO Invesco Global Water ETF 0.1 75 -36 4.9 -7.6
EFRA iShares Environmental Infrastructure and Industrials ETF 0.1 47 -8 5.2 -7.3
UIVM VictoryShares International Value Momentum ETF 0.1 35 4 10.7 -1.9
GDVD R3 Global Dividend Growth ETF 0.1 88 -49 5.8 -6.7
JRNY ALPS Global Travel Beneficiaries ETF 0.1 65 -26 0.0 -12.5
JETS U.S. Global Jets ETF 0.1 60 -21 -15.6 -28.1
BPAY BlackRock Future Financial and Technology ETF 0.1 70 -31 8.3 -4.2
FIXT Procure Disaster Recovery Strategy ETF 0.1 75 -36 5.7 -6.9
CTEC Global X CleanTech ETF 0.1 50 -11 1.0 -11.5
CGW Invesco S&P Global Water Index ETF 0.1 57 -18 3.8 -8.8
LIT Global X Lithium & Battery Tech ETF 0.1 75 -36 10.2 -2.3
IDRV iShares Self-driving EV & Tech ETF 0.1 47 -8 -0.5 -13.0
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.1 39 0 -3.5 -16.0
NLR VanEck Uranium+Nuclear Energy ETF 0.1 61 -22 4.5 -8.0
BJK VanEck Gaming ETF 0.1 65 -26 1.8 -10.7
ICLN iShares Global Clean Energy ETF 0.1 41 -2 4.3 -8.2
FINX Global X FinTech ETF 0.1 68 -29 3.2 -9.3
IDHQ Invesco S&P International Developed High Quality ETF 0.1 29 10 5.8 -6.7
TAN Invesco Solar ETF 0.1 67 -28 6.2 -6.4
ETEC iShares Breakthrough Environmental Solutions ETF 0.1 47 -8 5.3 -7.2
SMIN iShares MSCI India Small Cap ETF 0.1 79 -40 4.3 -8.2
RFEU First Trust Riverfront Dynamic Europe ETF 0.1 83 -44 8.7 -3.8
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.1 80 -41 5.6 -6.9
NBCC Neuberger Berman Next Generation Connected Consumer ETF 0.1 56 -17 1.7 -10.9
RFDI First Trust Riverfront Dynamic Developed International ETF 0.0 83 -44 9.0 -3.5
FYLD Cambria Foreign Shareholder Yield ETF 0.0 59 -20 12.0 -0.6
IQIN IQ 500 International ETF 0.0 25 14 8.8 -3.7
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 36 6.9 -5.6
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 0 7.6 -4.9
ERUS iShares MSCI Russia ETF 0.0 8 31 11.3 -1.3
GNR SPDR S&P Global Natural Resources ETF 0.0 40 -1 9.2 -3.4
VRAI Virtus Real Asset Income ETF 0.0 55 -16 8.6 -4.0

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:		 Schwab Fundamental Emerging Markets Large Co. Index 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 10.8 %
Divided by: Fwd. P/BV 0.8 x
Less: Expense ratio 39 bp
Equals: ALTAR Score 12.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.45 CATEGORY
AVERAGE		 1.39
 
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.