Goldman Sachs ActiveBeta Japan Equity ETF
ALTAR
Score™
7.7% info Recommen-
dation
NEUTRAL
2024E    2025E
P/E
ratio
12.9x P/Sales
ratio
0.7x
P/BV
ratio
1.3x Div.
yield
2.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Goldman Sachs ActiveBeta Japan Equity ETF tracks an index of Japanese large- and midcap equities, with equal weights to each of 4 factor buckets and stocks within each bucket weighted by a factor score.

FUND BASICS
Category International Equities
Fund Sponsor Goldman Sachs
Website assetmanagement.gs.com
Inception date Mar 02, 2016
Assets (mns) $23
Currency USD
Expense ratio 25 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-End Investment Company
Custodian
Weighting Tiered
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 226
Wgt avg mkt cap (mns) $47,516
Large cap (>$10bn) 79.3%
Mid cap ($2-10bn) 20.1%
Small cap (<$2bn) 0.7%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
TOYOTA MOTOR CORP 4.9 %
MITSUBISHI UFJ FINANCIAL GRO 2.6 %
TOKYO ELECTRON LTD 2.4 %
MITSUBISHI CORP 2.3 %
SONY CORP 2.0 %
HONDA MOTOR CO LTD 1.8 %
HITACHI LTD 1.8 %
KEYENCE CORP 1.8 %
SUMITOMO MITSUI FINANCIAL GR 1.6 %
MITSUI & CO LTD 1.6 %
Total 22.9 %

TOP COUNTRY EXPOSURE
JAPAN 97.9 %










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.
3.7% 15.9% 4.9% -- 5.8%

Market Correlations
versus... Beta R-squared
S&P500 0.65 58%
MSCI EAFE 0.78 78%
MSCI Emg. Mkts. 0.69 65%

Technical Indicators
Recent close $37.87
30d moving avg. $34.34
Annualized volatility 15.0%
Short interest (ETF) 0.0%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 9
Turnover 1.5%
Bid/Ask (% of price) 0.10%
ADV underlying (mns) $22,976

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 335 potential alternatives to the Goldman Sachs ActiveBeta Japan Equity ETF ETF based on the alternatives' overlap in portfolio holdings with GSJY. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: GSJY Expense: 25 bp ALTAR Score™: 7.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH GSJY
Ticker Fund
Name
Overlap1
vs GSJY
(%)
Expense
ratio
(bp)
Savings
vs GSJY
(bp)
ALTAR
Score™
(%)
ALTAR
vs GSJY
(%)
EWJ iShares MSCI Japan ETF 81.0 50 -25 6.4 -1.2
BBJP JPMorgan BetaBuilders Japan ETF 80.1 19 6 6.8 -0.8
DBJP Xtrackers MSCI Japan Hedged Equity ETF 79.5 47 -22 6.3 -1.4
FLJP Franklin FTSE Japan ETF 75.6 9 16 6.8 -0.8
FLJH Franklin FTSE Japan Hedged ETF 74.3 9 16 6.6 -1.0
JPXN iShares JPX-Nikkei 400 ETF 73.2 48 -23 7.2 -0.5
DXJ WisdomTree Japan Hedged Equity Fund 55.9 48 -23 7.8 +0.2
EWJV iShares MSCI Japan Value ETF 54.8 15 10 8.8 +1.2
IPAC iShares Core MSCI Pacific ETF 54.8 9 16 6.4 -1.3
VPL Vanguard FTSE Pacific ETF 46.9 8 17 6.5 -1.1
IMTM iShares MSCI Intl Momentum Factor ETF 44.9 30 -5 7.1 -0.6
FJP First Trust Japan AlphaDEX Fund 31.7 80 -55 10.0 +2.3
IVLU iShares MSCI Intl Value Factor ETF 31.4 30 -5 10.9 +3.2
IDMO Invesco S&P International Developed Momentum ETF 30.6 25 0 7.8 +0.2
DMXF iShares ESG Advanced MSCI EAFE ETF 28.2 12 13 5.4 -2.3
IQIN IQ 500 International ETF 27.3 25 0 8.9 +1.2
CEFA Global X S&P Catholic Values Developed ex-US ETF 26.8 35 -10 6.1 -1.6
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 24.7 14 11 6.0 -1.6
FNDF Schwab Fundamental International Large Co. Index ETF 23.8 25 0 9.0 +1.3
GSID Goldman Sachs MarketBeta International Equity ETF 23.6 20 5 6.6 -1.1
JHMD John Hancock Multifactor Developed International ETF 23.6 39 -14 7.4 -0.3
ISZE iShares MSCI Intl Size Factor ETF 23.6 30 -5 6.6 -1.0
EFV iShares MSCI EAFE Value ETF 23.5 34 -9 9.3 +1.6
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 23.3 20 5 6.0 -1.7
EFA iShares MSCI EAFE ETF 23.3 35 -10 6.4 -1.2
ESGN Columbia International ESG Equity Income ETF 23.1 45 -20 9.4 +1.7
UIVM VictoryShares International Value Momentum ETF 22.8 35 -10 10.7 +3.0
IQSI IQ Candriam International Equity ETF 22.7 15 10 6.3 -1.4
HFXI IQ FTSE International Equity Currency Neutral ETF 22.7 20 5 6.7 -0.9
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 22.7 36 -11 6.3 -1.3
EFG iShares MSCI EAFE Growth ETF 22.6 36 -11 4.0 -3.7
QEFA SPDR MSCI EAFE StrategicFactors ETF 22.1 30 -5 6.8 -0.9
ESGD iShares ESG Aware MSCI EAFE ETF 21.7 20 5 6.4 -1.2
JIRE JPMorgan International Research Enhanced Equity ETF 21.2 24 1 6.7 -1.0
DIVI Franklin International Core Dividend Tilt Index ETF 21.2 9 16 7.9 +0.3
BKIE BNY Mellon International Equity ETF 21.2 4 21 6.9 -0.8
FDT First Trust Developed Markets ex-US AlphaDEX Fund 20.6 80 -55 10.9 +3.2
GSIE Goldman Sachs ActiveBeta International Equity ETF 20.3 25 0 7.4 -0.3
IEFA iShares Core MSCI EAFE ETF 20.2 7 18 6.6 -1.0
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 20.2 45 -20 8.3 +0.6
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 19.4 51 -26 6.6 -1.1
CIL VictoryShares International Volatility Wtd ETF 19.4 45 -20 6.7 -1.0
EFAV iShares MSCI EAFE Min Vol Factor ETF 19.2 22 3 6.2 -1.4
SCHF Schwab International Equity ETF 19.2 6 19 7.0 -0.7
RFDI First Trust Riverfront Dynamic Developed International ETF 19.0 83 -58 8.9 +1.3
SPDW SPDR Portfolio Developed World ex-US ETF 19.0 3 22 6.8 -0.9
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 18.9 39 -14 7.5 -0.1
TPIF Timothy Plan International ETF 18.6 62 -37 6.5 -1.2
JPIN J.P. Morgan Diversified Return International Equity ETF 18.2 37 -12 8.6 +1.0
IDEV iShares Core MSCI International Developed Markets ETF 18.0 4 21 6.7 -0.9
DIHP Dimensional International High Profitability ETF 18.0 29 -4 6.9 -0.7
IGRO iShares International Dividend Growth ETF 17.8 15 10 7.3 -0.4
DWMF WisdomTree International Multifactor Fund 17.7 38 -13 7.2 -0.5
FIVA Fidelity International Value Factor ETF 17.6 18 7 10.3 +2.7
VEA Vanguard FTSE Developed Markets ETF 17.3 5 20 6.9 -0.8
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 17.2 24 1 8.4 +0.8
INTF iShares International Equity Factor ETF 17.1 15 10 7.9 +0.3
QINT American Century Quality Diversified International ETF 17.1 39 -14 7.4 -0.2
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 17.1 20 5 6.8 -0.8
DFAI Dimensional International Core Equity Market ETF 16.9 18 7 6.9 -0.7
NUDM Nuveen ESG International Developed Markets Equity ETF 16.6 31 -6 6.2 -1.5
DFIV Dimensional International Value ETF 16.2 27 -2 10.2 +2.5
DOL WisdomTree International LargeCap Dividend Fund 16.0 48 -23 7.8 +0.2
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 15.4 32 -7 6.7 -1.0
ACWX iShares MSCI ACWI ex U.S. ETF 15.0 34 -9 4.8 -2.8
DWM WisdomTree International Equity Fund 15.0 48 -23 7.9 +0.2
CWI SPDR MSCI ACWI ex-US ETF 15.0 30 -5 6.7 -1.0
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 14.7 40 -15 7.8 +0.2
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 14.7 80 -55 5.5 -2.2
FDEV Fidelity International Multifactor ETF 14.6 18 7 7.2 -0.5
VSGX Vanguard ESG International Stock ETF 14.6 12 13 4.3 -3.4
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 14.6 41 -16 6.6 -1.1
VEU Vanguard FTSE All-World ex-US Index Fund 14.3 8 17 5.1 -2.6
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 13.6 39 -14 7.5 -0.2
VYMI Vanguard International High Dividend Yield ETF 13.5 22 3 9.7 +2.0
RXI iShares Global Consumer Discretionary ETF 13.1 41 -16 5.3 -2.4
DIM WisdomTree International MidCap Dividend Fund 13.1 58 -33 7.6 -0.0
JHID John Hancock International High Dividend ETF 13.1 46 -21 11.5 +3.8
VXUS Vanguard Total International Stock ETF 12.9 7 18 5.2 -2.4
IXUS iShares Core MSCI Total International Stock ETF 12.8 7 18 5.0 -2.6
DFSI Dimensional International Sustainability Core 1 ETF 12.7 24 1 6.2 -1.5
RODM Hartford Multifactor Developed Markets (ex-US) ETF 12.7 29 -4 8.6 +1.0
EXI iShares Global Industrials ETF 12.6 42 -17 4.7 -3.0
VIGI Vanguard International Dividend Appreciation ETF 12.4 15 10 5.3 -2.3
IQLT iShares MSCI Intl Quality Factor ETF 12.3 30 -5 5.7 -2.0
DFIC Dimensional International Core Equity 2 ETF 12.1 23 2 7.4 -0.3
AVDE Avantis International Equity ETF 11.8 23 2 7.9 +0.2
RODE Hartford Multifactor Diversified International ETF 11.7 29 -4 11.3 +3.6
IQDF FlexShares International Quality Dividend Index Fund 11.4 47 -22 10.5 +2.8
IQDY FlexShares International Quality Dividend Dynamic Index Fund 11.2 47 -22 9.8 +2.1
IQDG WisdomTree International Quality Dividend Growth Fund 10.9 42 -17 5.6 -2.0
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 10.6 58 -33 5.4 -2.3
FIDI Fidelity International High Dividend ETF 10.6 18 7 9.8 +2.1
ICOW Pacer Developed Markets International Cash Cows 100 ETF 10.6 65 -40 12.7 +5.1
JIG JPMorgan International Growth ETF 10.3 55 -30 4.1 -3.5
UMMA Wahed Dow Jones Islamic World ETF 10.1 65 -40 4.2 -3.4
CLNR IQ Cleaner Transport ETF 10.0 45 -20 8.2 +0.5
DGT SPDR Global Dow ETF 9.7 50 -25 6.6 -1.1
IQDE FlexShares International Quality Dividend Defensive Index ET 9.5 47 -22 10.2 +2.6
IDHQ Invesco S&P International Developed High Quality ETF 9.4 29 -4 5.9 -1.7
AVIV Avantis International Large Cap Value ETF 9.3 25 0 8.9 +1.2
IDLV Invesco S&P International Developed Low Volatility ETF 9.3 25 0 5.8 -1.9
IMFL Invesco International Developed Dynamic Multifactor ETF 9.2 34 -9 10.8 +3.2
ACWV iShares MSCI Global Min Vol Factor ETF 9.1 20 5 6.5 -1.1
WRND IQ Global Equity R&D Leaders ETF 8.7 18 7 6.9 -0.7
DSTX Distillate International Fundamental Stability & Value ETF 8.6 55 -30 7.4 -0.2
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 8.6 68 -43 6.9 -0.7
IMOM Alpha Architect International Quantitative Momentum ETF 8.3 49 -24 6.6 -1.1
DFAX Dimensional World ex U.S. Core Equity 2 ETF 8.2 30 -5 7.7 +0.0
QWLD SPDR MSCI World StrategicFactors ETF 7.9 30 -5 5.9 -1.7
CGXU Capital Group International Focus Equity ETF 7.8 54 -29 4.1 -3.5
WLDR Affinity World Leaders Equity ETF 7.7 67 -42 8.4 +0.8
AIVI WisdomTree International AI Enhanced Value Fund 7.6 58 -33 8.3 +0.6
KLDW Knowledge Leaders Developed World ETF 7.6 75 -50 4.8 -2.9
DRIV Global X Autonomous & Electric Vehicles ETF 7.5 68 -43 5.0 -2.6
VWID Virtus WMC International Dividend ETF 7.3 49 -24 9.3 +1.7
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 7.2 25 0 5.9 -1.8
CARZ First Trust NASDAQ Global Auto Index Fund 7.0 70 -45 3.4 -4.2
BULD Pacer BlueStar Engineering the Future ETF 7.0 60 -35 1.0 -6.6
WWJD Inspire International ETF 7.0 80 -55 7.0 -0.7
IVAL Alpha Architect International Quantitative Value ETF 6.9 49 -24 6.2 -1.5
NXTG First Trust Indxx NextG ETF 6.5 70 -45 5.8 -1.9
LVHI Franklin International Low Volatility High Dividend Index ET 6.4 40 -15 10.5 +2.8
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 6.4 80 -55 5.6 -2.1
DWX SPDR S&P International Dividend ETF 6.3 45 -20 6.7 -0.9
FYLD Cambria Foreign Shareholder Yield ETF 6.2 59 -34 11.7 +4.0
ESGG FlexShares STOXX Global ESG Select Index Fund 6.1 42 -17 4.9 -2.7
URTH iShares MSCI World ETF 6.1 24 1 5.3 -2.4
JSTC Adasina Social Justice All Cap Global ETF 5.8 89 -64 4.5 -3.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 5.6 20 5 5.4 -2.3
IBOT Vaneck Robotics ETF 5.5 47 -22 3.6 -4.1
ACWI iShares MSCI ACWI ETF 5.5 32 -7 5.4 -2.3
OSEA Harbor International Compounders ETF 5.4 55 -30 3.6 -4.1
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 5.4 9 16 9.8 +2.2
QTUM Defiance Quantum ETF 5.3 40 -15 3.9 -3.7
BKCI BNY Mellon Concentrated International ETF 5.3 80 -55 5.0 -2.7
DTH WisdomTree International High Dividend Fund 5.2 58 -33 10.2 +2.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 5.1 9 16 5.5 -2.1
KOCG FIS Knights of Columbus Global Belief ETF 5.1 75 -50 5.1 -2.6
KXI iShares Global Consumer Staples ETF 5.1 41 -16 5.5 -2.1
IXG iShares Global Financials ETF 5.0 42 -17 6.9 -0.8
GLOF iShares Global Equity Factor ETF 5.0 20 5 7.1 -0.6
GCOW Pacer Global Cash Cows Dividend ETF 4.9 60 -35 13.6 +5.9
VT Vanguard Total World Stock ETF 4.8 7 18 5.0 -2.7
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 4.8 20 5 10.7 +3.0
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 4.8 42 -17 6.6 -1.0
IXP iShares Global Comm Services ETF 4.7 42 -17 5.0 -2.6
SDG iShares MSCI Global Sustainable Development Goals ETF 4.7 49 -24 5.8 -1.9
NTZG Nuveen Global Net Zero Transition ETF 4.5 56 -31 4.9 -2.7
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 4.5 65 -40 1.9 -5.7
IPKW Invesco International BuyBack Achievers ETF 4.5 55 -30 9.6 +1.9
FICS First Trust International Developed Capital Strength ETF 4.4 70 -45 5.9 -1.8
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 4.4 12 13 4.9 -2.7
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 4.4 47 -22 5.6 -2.0
GTEK Goldman Sachs Future Tech Leaders Equity ETF 4.3 75 -50 3.1 -4.6
IXJ iShares Global Healthcare ETF 4.2 42 -17 5.9 -1.7
ROBO ROBO Global Robotics & Automation Index ETF 4.1 95 -70 2.7 -4.9
BLES Inspire Global Hope ETF 4.0 61 -36 6.3 -1.4
SXUS Janus Henderson International Sustainable Equity ETF 4.0 60 -35 4.4 -3.3
FNDC Schwab Fundamental International Small Co. Index ETF 3.9 39 -14 6.7 -1.0
IXN iShares Global Tech ETF 3.9 41 -16 4.1 -3.5
FID First Trust S&P International Dividend Aristocrats ETF 3.8 60 -35 9.4 +1.8
ARVR First Trust Indxx Metaverse ETF 3.8 70 -45 2.4 -5.3
DINT Davis Select International ETF 3.7 55 -30 5.1 -2.6
BNGE First Trust S-Network Streaming and Gaming ETF 3.6 70 -45 -1.1 -8.7
TEMP JPMorgan Climate Change Solutions ETF 3.6 49 -24 4.9 -2.7
KNCT Invesco Next Gen Connectivity ETF 3.6 40 -15 5.5 -2.1
SCHY Schwab International Dividend Equity ETF 3.4 14 11 8.6 +1.0
WDIV SPDR S&P Global Dividend ETF 3.4 40 -15 9.6 +1.9
GINN Goldman Sachs Innovate Equity ETF 3.4 52 -27 2.8 -4.9
MXI iShares Global Materials ETF 3.3 41 -16 6.8 -0.8
WBAT WisdomTree Battery Value Chain and Innovation Fund 3.3 45 -20 4.8 -2.9
IDOG ALPS International Sector Dividend Dogs ETF 3.2 50 -25 11.3 +3.6
XT iShares Exponential Technologies ETF 3.1 46 -21 3.7 -4.0
BTEK Future Tech ETF 3.1 88 -63 2.2 -5.5
HYDR Global X Hydrogen ETF 3.0 50 -25 -12.9 -20.6
BOTZ Global X Robotics & Artificial Intelligence ETF 3.0 69 -44 1.7 -5.9
EFAS Global X MSCI SuperDividend EAFE ETF 3.0 57 -32 11.3 +3.7
DMDV AAM S&P Developed Markets High Dividend Value ETF 3.0 39 -14 11.8 +4.1
FGD First Trust Dow Jones Global Select Dividend Index Fund 2.9 56 -31 13.7 +6.1
IOO iShares Global 100 ETF 2.9 41 -16 4.7 -3.0
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 2.8 47 -22 0.6 -7.0
METV Roundhill Ball Metaverse ETF 2.7 59 -34 3.6 -4.1
RAYD Rayliant Quantitative Developed Market Equity ETF 2.7 80 -55 4.5 -3.2
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 2.6 45 -20 6.4 -1.3
IGPT Invesco AI and Next Gen Software ETF 2.6 60 -35 3.4 -4.3
DVYA iShares Asia/Pacific Dividend ETF 2.5 49 -24 10.9 +3.2
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 2.4 49 -24 5.9 -1.7
CID VictoryShares International High Div Volatility Wtd ETF 2.4 45 -20 9.5 +1.8
GDVD R3 Global Dividend Growth ETF 2.4 88 -63 5.7 -1.9
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 2.4 68 -43 4.0 -3.6
IQM Franklin Intelligent Machines ETF 2.2 50 -25 2.9 -4.7
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 2.1 75 -50 4.5 -3.1
NERD Roundhill Video Games ETF 2.1 50 -25 6.5 -1.1
IVRS iShares Future Metaverse Tech and Communications ETF 2.1 47 -22 -2.9 -10.5
MDEV First Trust Indxx Medical Devices ETF 2.1 70 -45 3.4 -4.2
ESPO VanEck Video Gaming and eSports ETF 2.1 56 -31 3.6 -4.1
ODDS Pacer BlueStar Digital Entertainment ETF 2.1 60 -35 2.0 -5.6
WPS iShares International Developed Property ETF 2.0 48 -23 6.9 -0.7
VNQI Vanguard Global ex-U.S. Real Estate ETF 2.0 12 13 8.4 +0.8
JXI iShares Global Utilities ETF 2.0 43 -18 7.0 -0.6
CGGO Capital Group Global Growth Equity ETF 2.0 47 -22 4.0 -3.6
GSFP Goldman Sachs Future Planet Equity ETF 1.9 75 -50 4.6 -3.0
FAN First Trust Global Wind Energy ETF 1.9 60 -35 5.7 -2.0
FPXI First Trust International Equity Opportunities ETF 1.8 70 -45 3.4 -4.3
DTEC ALPS Disruptive Technologies ETF 1.8 50 -25 3.5 -4.1
HERO Global X Video Games & Esports ETF 1.8 50 -25 4.4 -3.2
FIXT Procure Disaster Recovery Strategy ETF 1.8 75 -50 4.0 -3.7
GGME Invesco Next Gen Media and Gaming ETF 1.8 60 -35 3.6 -4.0
CANC Tema Oncology ETF 1.8 75 -50 -4.0 -11.6
GDOC Goldman Sachs Future Health Care Equity ETF 1.8 75 -50 2.7 -4.9
HJEN Direxion Hydrogen ETF 1.7 45 -20 -0.9 -8.5
BATT Amplify Lithium & Battery Technology ETF 1.7 59 -34 3.8 -3.8
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.7 10 15 8.0 +0.4
IDNA iShares Genomics Immunology and Healthcare ETF 1.6 47 -22 -4.9 -12.5
URA Global X Uranium ETF 1.6 69 -44 2.1 -5.6
SHPP Pacer Industrials and Logistics ETF 1.6 60 -35 8.2 +0.6
AGNG Global X Aging Population ETF 1.6 50 -25 3.9 -3.8
EV Mast Global Battery Recycling & Production ETF 1.5 65 -40 13.7 +6.0
CRAK VanEck Oil Refiners ETF 1.5 61 -36 15.4 +7.7
CGV Conductor Global Equity Value ETF 1.4 130 -105 10.1 +2.5
DEW WisdomTree Global High Dividend Fund 1.4 58 -33 9.1 +1.4
IDV iShares International Select Dividend ETF 1.4 51 -26 14.0 +6.4
HAP VanEck Natural Resources ETF 1.3 50 -25 8.9 +1.2
TTAI FCF International Quality ETF 1.3 59 -34 6.7 -1.0
IFGL iShares International Developed Real Estate ETF 1.3 48 -23 7.0 -0.6
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.3 61 -36 -0.3 -8.0
JRNY ALPS Global Travel Beneficiaries ETF 1.3 65 -40 0.5 -7.2
GQRE FlexShares Global Quality Real Estate Index Fund 1.3 45 -20 6.6 -1.1
ERET iShares Environmentally Aware Real Estate ETF 1.3 30 -5 6.9 -0.8
AIQ Global X Artificial Intelligence & Technology ETF 1.2 68 -43 3.7 -3.9
PICK iShares MSCI Global Metals & Mining Producers ETF 1.2 39 -14 11.3 +3.7
IWFH iShares Virtual Work and Life Multisector ETF 1.1 47 -22 -3.4 -11.1
FPAG FPA Global Equity ETF 1.1 49 -24 5.6 -2.1
FMET Fidelity Metaverse ETF 1.1 39 -14 4.1 -3.5
BECO BlackRock Future Climate and Sustainable Economy ETF 1.1 70 -45 13.2 +5.5
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.1 58 -33 4.6 -3.1
BNE Blue Horizon BNE ETF 1.1 87 -62 4.2 -3.4
MOTO SmartETFs Smart Transportation & Technology ETF 1.1 68 -43 6.6 -1.1
OCEN IQ Clean Oceans ETF 1.1 45 -20 5.2 -2.4
TMFG Motley Fool Global Opportunities ETF 1.1 85 -60 3.3 -4.4
FILL iShares MSCI Global Energy Producers ETF 1.1 39 -14 10.0 +2.3
FDVV Fidelity High Dividend ETF 1.0 15 10 8.5 +0.9
SEA U.S. Global Sea to Sky Cargo ETF 1.0 60 -35 26.2 +18.6
IQRA IQ CBRE Real Assets ETF 1.0 65 -40 5.7 -1.9
RWO SPDR Dow Jones Global Real Estate ETF 1.0 50 -25 6.4 -1.2
RWX SPDR Dow Jones International Real Estate ETF 1.0 59 -34 6.3 -1.4
WDNA WisdomTree BioRevolution Fund 1.0 45 -20 -4.2 -11.8
LIT Global X Lithium & Battery Tech ETF 1.0 75 -50 10.6 +2.9
SAGP Strategas Global Policy Opportunities ETF 0.9 65 -40 4.4 -3.3
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.9 65 -40 7.9 +0.2
IXC iShares Global Energy ETF 0.9 44 -19 8.9 +1.2
SANE Subversive Mental Health ETF 0.9 75 -50 0.5 -7.2
PSP Invesco Global Listed Private Equity ETF 0.8 106 -81 9.4 +1.8
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.7 72 -47 2.4 -5.3
IDAT iShares Future Cloud 5G and Tech ETF 0.7 47 -22 4.2 -3.5
FDRR Fidelity Dividend ETF for Rising Rates 0.7 15 10 7.0 -0.6
GNR SPDR S&P Global Natural Resources ETF 0.7 40 -15 9.9 +2.2
SNSR Global X Internet of Things ETF 0.6 68 -43 3.7 -3.9
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.6 85 -60 5.8 -1.8
BCDF Horizon Kinetics Blockchain Development ETF 0.6 85 -60 -0.7 -8.3
TRFK Pacer Data and Digital Revolution ETF 0.6 60 -35 3.3 -4.3
HDRO Defiance Next Gen H2 ETF 0.6 30 -5 -10.8 -18.4
VIDI Vident International Equity Strategy ETF 0.5 61 -36 11.4 +3.7
BOAT SonicShares Global Shipping ETF 0.5 69 -44 26.5 +18.8
IDRV iShares Self-driving EV & Tech ETF 0.5 47 -22 -0.4 -8.0
MOTI VanEck Morningstar International Moat ETF 0.5 58 -33 7.0 -0.7
ERTH Invesco MSCI Sustainable Future ETF 0.5 62 -37 3.5 -4.2
AVRE Avantis Real Estate ETF 0.5 17 8 6.3 -1.3
DFGR Dimensional Global Real Estate ETF 0.5 22 3 6.7 -0.9
REET iShares Global REIT ETF 0.5 14 11 6.9 -0.8
ARKX ARK Space Exploration & Innovation ETF 0.4 75 -50 1.6 -6.1
MOTG VanEck Morningstar Global Wide Moat ETF 0.4 52 -27 5.7 -1.9
HTEC ROBO Global Healthcare Technology and Innovation ETF 0.4 68 -43 1.0 -6.6
FTAG First Trust Indxx Global Agriculture ETF 0.4 70 -45 10.2 +2.6
CRUZ Defiance Hotel Airline and Cruise ETF 0.4 45 -20 -4.0 -11.6
JETS U.S. Global Jets ETF 0.4 60 -35 -13.0 -20.7
IBLC iShares Blockchain and Tech ETF 0.3 47 -22 -1.4 -9.1
ISHP First Trust Nasdaq Retail ETF 0.3 60 -35 3.0 -4.6
WTAI WisdomTree Artificial Intelligence and Innovation Fund 0.3 45 -20 1.2 -6.5
HART IQ Healthy Hearts ETF 0.3 45 -20 5.1 -2.5
HACK ETFMG Prime Cyber Security ETFMG Prime Cyber Security Fund 0.3 60 -35 3.9 -3.8
WCBR WisdomTree Cybersecurity Fund 0.3 45 -20 1.7 -6.0
XDAT Franklin Exponential Data ETF 0.3 50 -25 2.5 -5.2
SPAM Themes Cybersecurity ETF 0.3 35 -10 2.0 -5.7
CIBR First Trust NASDAQ Cybersecurity ETF 0.3 60 -35 3.6 -4.1
BUG Global X Cybersecurity ETF 0.3 51 -26 2.2 -5.5
IHAK iShares Cybersecurity & Tech ETF 0.3 47 -22 2.9 -4.8
EFRA iShares Environmental Infrastructure and Industrials ETF 0.3 47 -22 5.5 -2.2
FDNI First Trust Dow Jones International Internet ETF 0.3 65 -40 2.5 -5.2
CUT Invesco MSCI Global Timber ETF 0.3 61 -36 8.6 +1.0
WOOD iShares Global Timber & Forestry ETF 0.3 42 -17 9.7 +2.1
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.3 46 -21 9.6 +2.0
MVPS Amplify Thematic All-Stars ETF 0.3 49 -24 1.5 -6.1
LUXX Roundhill S&P Global Luxury ETF 0.3 45 -20 2.5 -5.2
IBUY Amplify Online Retail ETF 0.2 65 -40 1.7 -6.0
ICLN iShares Global Clean Energy ETF 0.2 41 -16 4.1 -3.6
LNGG Roundhill Alerian LNG ETF 0.2 65 -40 8.5 +0.8
KOIN Capital Link Global Fintech Leaders ETF 0.2 75 -50 4.9 -2.7
BLOK Amplify Transformational Data Sharing ETF 0.2 75 -50 1.3 -6.4
IVES Wedbush ETFMG Global Cloud Technology ETF 0.2 68 -43 1.3 -6.4
DTRE First Trust Alerian Disruptive Technology Real Estate ETF 0.1 60 -35 3.5 -4.2
ETEC iShares Breakthrough Environmental Solutions ETF 0.1 47 -22 5.7 -2.0
OGIG ALPS O'Shares Global Internet Giants ETF 0.1 48 -23 -0.0 -7.7
BKCH Global X Blockchain ETF 0.1 50 -25 -5.1 -12.8
STCE Schwab Crypto Thematic ETF 0.1 30 -5 -5.6 -13.2
KCAL Subversive Food Security ETF 0.1 75 -50 7.3 -0.4
MOO VanEck Agribusiness ETF 0.1 53 -28 9.2 +1.6
YUMY VanEck Future of Food ETF 0.1 69 -44 4.9 -2.7
KROP Global X AgTech & Food Innovation ETF 0.1 50 -25 4.8 -2.9
IVEG iShares Emergent Food and AgTech Multisector ETF 0.1 47 -22 8.0 +0.4
VEGI iShares MSCI Agriculture Producers ETF 0.1 39 -14 9.4 +1.7
EATV VegTech Plant-based Innovation & Climate ETF 0.1 75 -50 1.0 -6.7
GLIF AGF Global Infrastructure ETF 0.1 45 -20 5.6 -2.0
PIO Invesco Global Water ETF 0.1 75 -50 4.5 -3.2
ROOF IQ CBRE NextGen Real Estate ETF 0.1 60 -35 7.5 -0.2
WTRE WisdomTree New Economy Real Estate Fund 0.1 58 -33 4.8 -2.9
SOCL Global X Social Media ETF 0.1 65 -40 -6.8 -14.4
LOUP Innovator Deepwater Frontier Tech ETF 0.1 70 -45 1.9 -5.8
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.1 86 -61 1.8 -5.9
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 0.1 86 -61 1.5 -6.1
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.1 60 -35 0.7 -6.9
BUYZ Franklin Disruptive Commerce ETF 0.1 50 -25 1.8 -5.9
PRNT 3D Printing ETF 0.1 66 -41 -3.8 -11.5
INDS Pacer Industrial Real Estate ETF 0.1 55 -30 5.5 -2.1
EBIZ Global X E-Commerce ETF 0.0 50 -25 1.5 -6.2
SATO Invesco Alerian Galaxy Crypto Economy ETF 0.0 61 -36 -7.4 -15.0
MRAD SmartETFs Advertising & Marketing Technology ETF 0.0 68 -43 3.7 -3.9
ARKF ARK Fintech Innovation ETF 0.0 75 -50 -2.4 -10.0
GREI Goldman Sachs Future Real Estate and Infrastructure Equity E 0.0 75 -50 4.7 -3.0
RITA ETFB Green SRI REITs ETF 0.0 50 -25 5.9 -1.8
DMAT Global X Disruptive Materials ETF 0.0 59 -34 11.5 +3.8
GMET VanEck Green Metals ETF 0.0 63 -38 11.5 +3.9
COPX Global X Copper Miners ETF 0.0 65 -40 8.2 +0.6
AVDV Avantis International Small Cap Value ETF 0.0 36 -11 7.9 +0.3

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:
Goldman Sachs ActiveBeta Japan Equity ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 9.9 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 25 bp
Equals: ALTAR Score 7.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.52 CATEGORY
AVERAGE
1.51
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.