Goldman Sachs ActiveBeta Japan Equity ETF
ALTAR
Score™		 5.3% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 17.8x P/Sales
ratio		 1.0x
P/BV
ratio		 1.5x Div.
yield		 3.3%


  • 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) $74
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 169
Wgt avg mkt cap (mns) $61,163
Large cap (>$10bn) 72.1%
Mid cap ($2-10bn) 27.6%
Small cap (<$2bn) 0.3%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
TOYOTA MOTOR CORP 3.9 %
MITSUBISHI UFJ FINANCIAL GRO 3.6 %
HITACHI LTD 3.0 %
SONY CORP 3.0 %
ADVANTEST CORP 2.4 %
SUMITOMO MITSUI FINANCIAL GR 2.2 %
TOKYO ELECTRON LTD 2.0 %
MIZUHO FINANCIAL GROUP INC 1.9 %
RECRUIT HOLDINGS CO LTD 1.8 %
MITSUBISHI HEAVY INDUSTRIES 1.7 %
Total 25.6 %

TOP COUNTRY EXPOSURE
JAPAN 98.2 %










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.
6.3% 32.5% 8.1% -- 8.8%

Market Correlations
versus... Beta R-squared
S&P500 0.77 55%
MSCI EAFE 1.06 76%
MSCI Emg. Mkts. 0.76 46%

Technical Indicators
Recent close $52.65
30d moving avg. $50.54
Annualized volatility 12.4%
Short interest (ETF) 0.2%
Relative strength (RSI) 64

Liquidity measures
Avg. volume (thou.) 6
Turnover 0.4%
Bid/Ask (% of price) 0.18%
ADV underlying (mns) $18,638

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™: 5.3%


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 79.9 50 -25 4.8 -0.5
DBJP Xtrackers MSCI Japan Hedged Equity ETF 79.8 47 -22 4.8 -0.6
FLJP Franklin FTSE Japan ETF 73.9 9 16 5.3 -0.0
FLJH Franklin FTSE Japan Hedged ETF 73.0 9 16 5.2 -0.1
JPXN iShares JPX-Nikkei 400 ETF 68.6 48 -23 5.3 -0.1
DXJ WisdomTree Japan Hedged Equity Fund 56.7 48 -23 5.3 -0.1
IPAC iShares Core MSCI Pacific ETF 51.8 9 16 5.4 +0.0
EWJV iShares MSCI Japan Value ETF 51.6 15 10 6.7 +1.4
VPL Vanguard FTSE Pacific ETF 42.6 7 18 5.3 0.0
FJP First Trust Japan AlphaDEX Fund 30.3 80 -55 6.8 +1.4
IVLU iShares MSCI Intl Value Factor ETF 29.2 30 -5 7.8 +2.5
JIVE JPMorgan International Value ETF 28.5 55 -30 8.2 +2.8
DMXF iShares ESG Advanced MSCI EAFE ETF 27.5 12 13 4.9 -0.5
CEFA Global X S&P Catholic Values Developed ex-US ETF 26.0 35 -10 5.5 +0.1
PATN Pacer Nasdaq International Patent Leaders ETF 23.9 65 -40 4.4 -0.9
EFV iShares MSCI EAFE Value ETF 23.4 34 -9 7.3 +2.0
EFA iShares MSCI EAFE ETF 23.1 35 -10 5.5 +0.2
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 23.0 14 11 5.2 -0.1
IQSI IQ Candriam International Equity ETF 22.8 15 10 5.3 +0.0
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 22.5 20 5 5.4 +0.0
VIGI Vanguard International Dividend Appreciation ETF 22.2 10 15 5.8 +0.5
ESGD iShares ESG Aware MSCI EAFE ETF 22.1 20 5 5.6 +0.2
EFG iShares MSCI EAFE Growth ETF 21.8 36 -11 3.6 -1.7
RAYJ Rayliant SMDAM Japan Equity ETF 21.5 72 -47 3.0 -2.4
GSID Goldman Sachs MarketBeta International Equity ETF 21.3 20 5 5.6 +0.3
JHMD John Hancock Multifactor Developed International ETF 21.2 39 -14 5.9 +0.6
QEFA SPDR MSCI EAFE StrategicFactors ETF 21.1 30 -5 5.8 +0.5
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 20.6 36 -11 5.3 -0.0
IMTM iShares MSCI Intl Momentum Factor ETF 20.5 30 -5 4.5 -0.8
HFXI IQ FTSE International Equity Currency Neutral ETF 20.5 20 5 5.6 +0.3
FNDF Schwab Fundamental International Large Co. Index ETF 20.0 25 0 7.4 +2.0
FENI Fidelity Enhanced International ETF 20.0 28 -3 5.6 +0.3
JIRE JPMorgan International Research Enhanced Equity ETF 19.8 24 1 5.6 +0.3
DIVI Franklin International Core Dividend Tilt Index ETF 19.8 9 16 6.4 +1.1
IEFA iShares Core MSCI EAFE ETF 19.7 7 18 5.8 +0.5
IVSI Applied Finance IVS International LrgETF 19.6 65 -40 5.8 +0.5
STXI Strive International Developed Markets ETF 19.3 29 -4 5.5 +0.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 19.1 45 -20 6.7 +1.3
IGRO iShares International Dividend Growth ETF 19.1 15 10 6.5 +1.1
GSIE Goldman Sachs ActiveBeta International Equity ETF 18.7 25 0 5.9 +0.6
BKIE BNY Mellon International Equity ETF 18.7 4 21 5.8 +0.5
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 18.7 58 -33 5.5 +0.1
SCHF Schwab International Equity ETF 18.0 6 19 5.9 +0.5
SPDW SPDR Portfolio Developed World ex-US ETF 17.9 3 22 5.7 +0.4
DIHP Dimensional International High Profitability ETF 17.9 29 -4 5.4 +0.1
IDEV iShares Core MSCI International Developed Markets ETF 17.7 4 21 5.8 +0.5
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 17.4 12 13 5.1 -0.3
EFAV iShares MSCI EAFE Min Vol Factor ETF 17.2 22 3 5.4 +0.1
PPIE Putnam PanAgora ESG International Equity ETF 17.1 49 -24 6.2 +0.9
DFIV Dimensional International Value ETF 17.0 27 -2 7.6 +2.2
CIL VictoryShares International Volatility Wtd ETF 16.8 45 -20 5.7 +0.4
FIVA Fidelity International Value Factor ETF 16.7 18 7 7.2 +1.9
TPIF Timothy Plan International ETF 16.6 62 -37 5.3 -0.0
INTF iShares International Equity Factor ETF 16.4 15 10 6.3 +1.0
DFAI Dimensional International Core Equity Market ETF 16.4 18 7 5.8 +0.5
RFDI First Trust Riverfront Dynamic Developed International ETF 16.3 83 -58 7.4 +2.1
VEA Vanguard FTSE Developed Markets ETF 16.1 3 22 5.8 +0.5
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 16.1 20 5 5.4 +0.1
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 15.9 39 -14 5.9 +0.6
DOL WisdomTree International LargeCap Dividend Fund 15.7 48 -23 5.5 +0.2
INEQ Columbia International Equity Income ETF 15.6 45 -20 7.3 +2.0
NUDM Nuveen ESG International Developed Markets Equity ETF 15.5 31 -6 5.4 +0.0
FDT First Trust Developed Markets ex-US AlphaDEX Fund 15.3 80 -55 6.4 +1.1
IDHQ Invesco S&P International Developed High Quality ETF 14.8 29 -4 5.2 -0.1
CWI SPDR MSCI ACWI ex-US ETF 14.5 30 -5 6.3 +1.0
IQDG WisdomTree International Quality Dividend Growth Fund 14.3 42 -17 5.4 +0.1
DWMF WisdomTree International Multifactor Fund 14.3 38 -13 6.3 +1.0
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 14.2 58 -33 5.2 -0.2
CGIE Capital Group International Equity ETF 14.1 54 -29 4.4 -0.9
ACWX iShares MSCI ACWI ex U.S. ETF 14.1 34 -9 6.2 +0.9
QINT American Century Quality Diversified International ETF 14.0 39 -14 6.4 +1.1
JPIN J.P. Morgan Diversified Return International Equity ETF 14.0 37 -12 6.7 +1.4
EXI iShares Global Industrials ETF 13.9 42 -17 3.4 -1.9
DWM WisdomTree International Equity Fund 13.8 48 -23 5.4 +0.1
VWID Virtus WMC International Dividend ETF 13.7 49 -24 7.1 +1.8
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 13.6 40 -15 5.4 +0.1
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 13.4 24 1 6.5 +1.2
UIVM VictoryShares International Value Momentum ETF 13.3 35 -10 7.9 +2.6
IMFL Invesco International Developed Dynamic Multifactor ETF 13.1 34 -9 4.9 -0.4
OEFA ALPS O’Shares International Developed Quality Dividend ETF 13.0 48 -23 4.5 -0.8
GXUS Goldman Sachs MarketBeta Total International Equity ETF 12.9 18 7 6.2 +0.9
VEU Vanguard FTSE All-World ex-US Index Fund 12.8 4 21 6.6 +1.3
UMMA Wahed Dow Jones Islamic World ETF 12.8 65 -40 3.6 -1.7
VYMI Vanguard International High Dividend Yield ETF 12.7 17 8 7.8 +2.4
IQDY FlexShares International Quality Dividend Dynamic Index Fund 12.5 47 -22 7.4 +2.1
IQLT iShares MSCI Intl Quality Factor ETF 12.5 30 -5 5.3 -0.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 12.5 41 -16 6.0 +0.7
DTAN Sparkline International Intangible Value ETF 12.4 55 -30 6.8 +1.5
DFSI Dimensional International Sustainability Core 1 ETF 12.2 24 1 5.4 +0.0
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 12.2 32 -7 5.1 -0.3
VSGX Vanguard ESG International Stock ETF 12.0 10 15 6.5 +1.1
RXI iShares Global Consumer Discretionary ETF 12.0 41 -16 7.5 +2.2
VXUS Vanguard Total International Stock ETF 12.0 5 20 6.5 +1.2
IXUS iShares Core MSCI Total International Stock ETF 11.9 7 18 6.4 +1.1
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 11.9 39 -14 6.7 +1.4
FRGN Horizon International Equity ETF 11.6 75 -50 7.8 +2.5
DFIC Dimensional International Core Equity 2 ETF 11.3 23 2 6.0 +0.7
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 11.1 42 -17 3.9 -1.4
IQDF FlexShares International Quality Dividend Index Fund 10.7 47 -22 7.5 +2.2
AVSD Avantis Responsible International Equity ETF 10.7 23 2 5.7 +0.4
DIM WisdomTree International MidCap Dividend Fund 10.7 58 -33 6.0 +0.6
AVDE Avantis International Equity ETF 10.6 23 2 6.0 +0.6
LVHI Franklin International Low Volatility High Dividend Index ET 10.4 40 -15 7.3 +2.0
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 10.3 80 -55 5.2 -0.2
CGXU Capital Group International Focus Equity ETF 10.2 54 -29 3.8 -1.5
CLNR IQ Cleaner Transport ETF 10.1 45 -20 3.9 -1.5
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 10.1 65 -40 4.0 -1.4
AVIV Avantis International Large Cap Value ETF 10.0 25 0 6.7 +1.3
ICOW Pacer Developed Markets International Cash Cows 100 ETF 9.9 65 -40 7.7 +2.4
FDEV Fidelity International Multifactor ETF 9.8 18 7 6.9 +1.5
JHID John Hancock International High Dividend ETF 9.7 46 -21 7.8 +2.5
FIDI Fidelity International High Dividend ETF 8.5 18 7 7.0 +1.7
DXIV Dimensional International Vector Equity ETF 8.5 34 -9 6.3 +1.0
ACWV iShares MSCI Global Min Vol Factor ETF 8.4 20 5 5.5 +0.2
QWLD SPDR MSCI World StrategicFactors ETF 8.1 30 -5 5.1 -0.3
DGT State Street SPDR Global Dow ETF 8.0 50 -25 5.7 +0.4
DFAX Dimensional World ex U.S. Core Equity 2 ETF 8.0 30 -5 6.2 +0.9
RODM Hartford Multifactor Developed Markets (ex-US) ETF 8.0 29 -4 6.9 +1.6
IDLV Invesco S&P International Developed Low Volatility ETF 7.9 25 0 5.9 +0.6
PIEL Pacer International Export Leaders ETF 7.9 60 -35 4.0 -1.4
JIG JPMorgan International Growth ETF 7.8 55 -30 3.5 -1.8
BULD Pacer BlueStar Engineering the Future ETF 7.4 60 -35 0.4 -5.0
EFAD ProShares MSCI EAFE Dividend Growers ETF 7.2 50 -25 5.5 +0.2
ITOL Tema International Durable Quality ETF 7.1 60 -35 4.7 -0.6
QTUM Defiance Quantum ETF 6.8 40 -15 4.6 -0.7
RGEF Rockefeller Global Equity ETF 6.5 55 -30 3.9 -1.5
DSTX Distillate International Fundamental Stability & Value ETF 6.5 55 -30 6.2 +0.8
IVAL Alpha Architect International Quantitative Value ETF 6.4 49 -24 7.3 +1.9
IXG iShares Global Financials ETF 6.3 42 -17 6.3 +1.0
GCOW Pacer Global Cash Cows Dividend ETF 6.3 60 -35 8.8 +3.5
WWJD Inspire International ETF 6.3 80 -55 6.0 +0.7
WRND IQ Global Equity R&D Leaders ETF 6.2 18 7 4.0 -1.3
NXTG First Trust Indxx NextG ETF 6.1 70 -45 4.5 -0.9
FYLD Cambria Foreign Shareholder Yield ETF 6.1 59 -34 10.2 +4.8
AIVI WisdomTree International AI Enhanced Value Fund 6.1 58 -33 6.0 +0.7
KNO AXS Knowledge Leaders ETF 6.1 78 -53 4.3 -1.1
URTH iShares MSCI World ETF 6.0 24 1 4.4 -0.9
GEW Cambria Global EW ETF 6.0 29 -4 5.3 +0.0
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 5.4 9 16 7.2 +1.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 5.4 20 5 4.8 -0.5
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 5.3 80 -55 3.4 -2.0
ACWI iShares MSCI ACWI ETF 5.3 32 -7 4.7 -0.6
IBOT Vaneck Robotics ETF 5.3 47 -22 3.4 -2.0
GLBL Pacer MSCI World Industry Advantage ETF 5.2 65 -40 3.6 -1.7
IXP iShares Global Comm Services ETF 5.2 42 -17 5.4 +0.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 5.2 9 16 4.9 -0.4
DWX SPDR S&P International Dividend ETF 5.1 45 -20 6.4 +1.1
OSEA Harbor International Compounders ETF 5.1 55 -30 3.9 -1.4
ESGG FlexShares STOXX Global ESG Select Index Fund 5.1 42 -17 4.3 -1.1
CGDG Capital Group Dividend Growers ETF 5.1 47 -22 5.0 -0.4
CARZ First Trust NASDAQ Global Auto Index Fund 5.1 70 -45 2.9 -2.5
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 5.1 75 -50 3.7 -1.7
JGLO JPMorgan Global Select Equity ETF 5.0 33 -8 4.2 -1.1
KLMT Invesco MSCI Global Climate 500 ETF 4.9 10 15 5.0 -0.3
FEOE First Eagle Overseas Equity ETF 4.9 79 -54 5.8 +0.5
GLOF iShares Global Equity Factor ETF 4.8 20 5 5.7 +0.4
IPKW Invesco International BuyBack Achievers ETF 4.8 55 -30 7.8 +2.5
WLDR Affinity World Leaders Equity ETF 4.8 67 -42 6.4 +1.1
NUKZ Range Nuclear Renaissance Index ETF 4.7 85 -60 1.2 -4.2
IDMO Invesco S&P International Developed Momentum ETF 4.7 25 0 5.0 -0.3
VT Vanguard Total World Stock ETF 4.7 6 19 5.1 -0.3
BNGE First Trust S-Network Streaming and Gaming ETF 4.7 70 -45 2.9 -2.5
WBAT WisdomTree Battery Value Chain and Innovation Fund 4.5 45 -20 -0.9 -6.3
AGQI First Trust Active Global Quality Income ETF 4.4 85 -60 6.2 +0.9
ARVR First Trust Indxx Metaverse ETF 4.3 70 -45 4.2 -1.1
DTH WisdomTree International High Dividend Fund 4.2 58 -33 7.0 +1.7
KNCT Invesco Next Gen Connectivity ETF 4.2 40 -15 3.8 -1.5
DRIV Global X Autonomous & Electric Vehicles ETF 4.1 68 -43 3.4 -1.9
JSTC Adasina Social Justice All Cap Global ETF 4.1 89 -64 4.5 -0.8
BAI iShares AI Innovation and Tech Active ETF 4.0 55 -30 1.3 -4.1
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 4.0 65 -40 1.5 -3.8
FEGE First Eagle Global Equity ETF 3.9 79 -54 5.7 +0.3
GTEK Goldman Sachs Future Tech Leaders Equity ETF 3.9 75 -50 2.3 -3.0
BLES Inspire Global Hope ETF 3.9 61 -36 5.7 +0.4
IXJ iShares Global Healthcare ETF 3.8 42 -17 5.7 +0.4
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 3.7 25 0 5.5 +0.1
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 3.7 47 -22 4.8 -0.6
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 3.7 68 -43 0.7 -4.6
IBAT iShares Energy Storage & Materials ETF 3.6 47 -22 1.9 -3.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.5 12 13 4.5 -0.8
FBOT Fidelity Disruptive Automation ETF 3.5 50 -25 2.9 -2.4
DINT Davis Select International ETF 3.4 55 -30 5.8 +0.5
IXN iShares Global Tech ETF 3.4 41 -16 3.2 -2.2
KXI iShares Global Consumer Staples ETF 3.3 41 -16 4.8 -0.6
BINV Brandes International ETF 3.3 70 -45 8.0 +2.7
BKCI BNY Mellon Concentrated International ETF 3.2 80 -55 4.6 -0.7
URA Global X Uranium ETF 3.1 69 -44 0.6 -4.8
AQLT iShares MSCI Global Quality Factor ETF 3.1 18 7 0.0 -5.3
ROBO ROBO Global Robotics & Automation Index ETF 3.1 95 -70 2.4 -2.9
CGGO Capital Group Global Growth Equity ETF 3.1 47 -22 4.2 -1.1
MOTG VanEck Morningstar Global Wide Moat ETF 3.1 52 -27 7.1 +1.8
MXI iShares Global Materials ETF 2.8 41 -16 5.5 +0.2
FPXI First Trust International Equity Opportunities ETF 2.8 70 -45 3.9 -1.4
IMOM Alpha Architect International Quantitative Momentum ETF 2.7 49 -24 3.9 -1.4
IDOG ALPS International Sector Dividend Dogs ETF 2.7 50 -25 9.2 +3.9
METV Roundhill Ball Metaverse ETF 2.6 59 -34 8.3 +3.0
WTAI WisdomTree Artificial Intelligence and Innovation Fund 2.6 45 -20 2.6 -2.7
HYDR Global X Hydrogen ETF 2.6 50 -25 -7.2 -12.6
SDG iShares MSCI Global Sustainable Development Goals ETF 2.5 49 -24 4.5 -0.9
XT iShares Exponential Technologies ETF 2.5 46 -21 4.1 -1.2
IPAV Global X Infrastructure Development ex-U.S. ETF 2.5 55 -30 5.4 +0.1
OAIM OneAscent International Equity ETF 2.5 95 -70 4.5 -0.8
CRAK VanEck Oil Refiners ETF 2.4 61 -36 9.8 +4.5
MOTI VanEck Morningstar International Moat ETF 2.4 58 -33 8.7 +3.4
AIVC Amplify Bloomberg AI Value Chain ETF 2.4 59 -34 5.0 -0.4
KOCG FIS Knights of Columbus Global Belief ETF 2.3 75 -50 4.3 -1.0
IOO iShares Global 100 ETF 2.2 41 -16 3.9 -1.4
FAN First Trust Global Wind Energy ETF 2.2 60 -35 2.9 -2.4
FDTX Fidelity Disruptive Technology ETF 2.2 50 -25 2.1 -3.2
ESPO VanEck Video Gaming and eSports ETF 2.0 56 -31 6.1 +0.8
NERD Roundhill Video Games ETF 2.0 50 -25 7.2 +1.9
ODDS Pacer BlueStar Digital Entertainment ETF 2.0 60 -35 4.5 -0.8
FICS First Trust International Developed Capital Strength ETF 2.0 70 -45 6.3 +1.0
MINV Matthews Asia Innovators Active ETF 2.0 79 -54 6.1 +0.8
SAGP Strategas Global Policy Opportunities ETF 2.0 65 -40 4.5 -0.8
EV Mast Global Battery Recycling & Production ETF 2.0 65 -40 6.2 +0.9
GINN Goldman Sachs Innovate Equity ETF 1.9 52 -27 3.8 -1.5
FNDC Schwab Fundamental International Small Co. Index ETF 1.8 39 -14 6.5 +1.2
AIQ Global X Artificial Intelligence & Technology ETF 1.8 68 -43 3.4 -2.0
HUMN Roundhill Humanoid Robotics ETF 1.8 75 -50 1.2 -4.2
ARTY iShares Future AI & Tech ETF 1.7 47 -22 3.3 -2.1
TTAI FCF International Quality ETF 1.7 59 -34 6.5 +1.2
BOTZ Global X Robotics & Artificial Intelligence ETF 1.7 69 -44 1.7 -3.6
CCNR ALPS CoreCommodity Natural Resources ETF 1.7 39 -14 7.9 +2.6
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.7 58 -33 3.5 -1.8
DEW WisdomTree Global High Dividend Fund 1.7 58 -33 7.1 +1.8
CHAT Roundhill Generative AI & Technology ETF 1.7 75 -50 5.4 +0.1
HERO Global X Video Games & Esports ETF 1.6 50 -25 5.4 +0.1
GGME Invesco Next Gen Media and Gaming ETF 1.6 60 -35 4.9 -0.4
MDEV First Trust Indxx Medical Devices ETF 1.6 70 -45 4.4 -0.9
FID First Trust S&P International Dividend Aristocrats ETF 1.5 60 -35 7.5 +2.2
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.5 12 13 7.6 +2.2
DTEC ALPS Disruptive Technologies ETF 1.5 50 -25 3.7 -1.6
WDIV SPDR S&P Global Dividend ETF 1.5 40 -15 8.8 +3.4
JDOC JPMorgan Healthcare Leaders ETF 1.5 65 -40 3.3 -2.1
EFAS Global X MSCI SuperDividend EAFE ETF 1.5 57 -32 7.3 +2.0
AKAF The Frontier Economic Fund 1.4 20 5 5.0 -0.4
ANEW ProShares MSCI Transformational Changes ETF 1.4 45 -20 4.4 -1.0
IXC iShares Global Energy ETF 1.4 44 -19 7.7 +2.4
JXI iShares Global Utilities ETF 1.4 43 -18 4.8 -0.5
OCEN IQ Clean Oceans ETF 1.4 45 -20 4.5 -0.8
IGPT Invesco AI and Next Gen Software ETF 1.3 60 -35 3.4 -2.0
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.2 10 15 7.5 +2.2
AIRL Themes Airlines ETF 1.2 35 -10 1.6 -3.8
SLX VanEck Steel ETF 1.2 56 -31 10.7 +5.4
CZAR Themes Natural Monopoly ETF 1.2 35 -10 5.3 -0.1
IQRA IQ CBRE Real Assets ETF 1.2 65 -40 5.5 +0.2
LIT Global X Lithium & Battery Tech ETF 1.2 75 -50 5.1 -0.2
PICK iShares MSCI Global Metals & Mining Producers ETF 1.2 39 -14 7.7 +2.4
TMFG Motley Fool Global Opportunities ETF 1.1 85 -60 3.8 -1.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.1 49 -24 5.7 +0.4
JETS U.S. Global Jets ETF 1.1 60 -35 2.3 -3.0
HAP VanEck Natural Resources ETF 1.1 50 -25 6.4 +1.1
IFGL iShares International Developed Real Estate ETF 1.1 48 -23 6.5 +1.1
ERET iShares Environmentally Aware Real Estate ETF 1.1 30 -5 6.6 +1.3
AGNG Global X Aging Population ETF 1.1 50 -25 3.8 -1.5
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.0 65 -40 7.5 +2.2
RCGE RockCreek Global Equality ETF 1.0 95 -70 5.9 +0.6
GDOC Goldman Sachs Future Health Care Equity ETF 1.0 75 -50 0.8 -4.5
IVRS iShares Future Metaverse Tech and Communications ETF 1.0 47 -22 5.2 -0.1
IDNA iShares Genomics Immunology and Healthcare ETF 1.0 47 -22 -0.3 -5.6
WDNA WisdomTree BioRevolution Fund 1.0 45 -20 -2.3 -7.6
SHPP Pacer Industrials and Logistics ETF 0.9 60 -35 6.7 +1.4
JAPN Horizon Kinetics Japan Owner Operator ETF 0.9 85 -60 5.5 +0.1
DWLD Davis Select Worldwide ETF 0.9 63 -38 6.6 +1.3
SRVR Pacer Data & Infrastructure Real Estate ETF 0.8 55 -30 3.7 -1.7
TINY ProShares Nanotechnology ETF 0.8 58 -33 1.6 -3.7
ION ProShares S&P Global Core Battery Metals ETF 0.8 58 -33 4.9 -0.4
SCHY Schwab International Dividend Equity ETF 0.8 14 11 7.8 +2.5
MOTO SmartETFs Smart Transportation & Technology ETF 0.7 68 -43 5.5 +0.2
BATT Amplify Lithium & Battery Technology ETF 0.7 59 -34 1.8 -3.6
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.7 72 -47 2.1 -3.2
RWO SPDR Dow Jones Global Real Estate ETF 0.6 50 -25 6.2 +0.8
RWX SPDR Dow Jones International Real Estate ETF 0.6 59 -34 6.4 +1.0
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.6 56 -31 9.4 +4.0
OZEM Roundhill GLP-1 & Weight Loss ETF 0.6 59 -34 4.6 -0.7
THNR Amplify Weight Loss Drug & Treatment ETF 0.6 59 -34 5.2 -0.1
GNR SPDR S&P Global Natural Resources ETF 0.6 40 -15 8.1 +2.7
ARKX ARK Space Exploration & Innovation ETF 0.5 75 -50 0.0 -5.3
HART IQ Healthy Hearts ETF 0.5 45 -20 5.6 +0.3
BMED Future Health ETF 0.5 85 -60 1.1 -4.3
VIDI Vident International Equity Strategy ETF 0.5 61 -36 8.1 +2.8
IBUY Amplify Online Retail ETF 0.5 65 -40 2.3 -3.1
CANC Tema Oncology ETF 0.5 75 -50 -2.4 -7.7
HRTS Tema Heart & Health ETF 0.5 75 -50 2.7 -2.7
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.5 46 -21 4.9 -0.4
BLOK Amplify Transformational Data Sharing ETF 0.5 75 -50 -0.1 -5.4
STCE Schwab Crypto Thematic ETF 0.5 30 -5 2.9 -2.4
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.4 39 -14 1.1 -4.3
SNSR Global X Internet of Things ETF 0.4 68 -43 3.9 -1.4
FPAG FPA Global Equity ETF 0.4 49 -24 5.7 +0.3
FTAG First Trust Indxx Global Agriculture ETF 0.4 70 -45 6.7 +1.4
KROP Global X AgTech & Food Innovation ETF 0.4 50 -25 6.3 +1.0
MOO VanEck Agribusiness ETF 0.4 53 -28 8.3 +3.0
VEGI iShares MSCI Agriculture Producers ETF 0.4 39 -14 7.0 +1.7
CRTC Xtrackers US National Critical Technologies ETF 0.4 35 -10 4.2 -1.1
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.3 46 -21 7.3 +2.0
IBLC iShares Blockchain and Tech ETF 0.3 47 -22 -1.4 -6.7
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.3 85 -60 2.6 -2.7
BCDF Horizon Kinetics Blockchain Development ETF 0.3 85 -60 3.8 -1.6
POW VistaShares Electrification Supercycle ETF 0.3 75 -50 2.3 -3.0
GQRE FlexShares Global Quality Real Estate Index Fund 0.3 45 -20 7.1 +1.8
FDNI First Trust Dow Jones International Internet ETF 0.3 65 -40 21.1 +15.8
CGUS Capital Group Core Equity ETF 0.3 33 -8 3.7 -1.7
AVRE Avantis Real Estate ETF 0.3 17 8 6.7 +1.4
BUG Global X Cybersecurity ETF 0.3 51 -26 3.6 -1.7
CIBR First Trust NASDAQ Cybersecurity ETF 0.3 60 -35 4.9 -0.4
HACK ETFMG Prime Cyber Security ETFMG Prime Cyber Security Fund 0.3 60 -35 3.7 -1.7
IHAK iShares Cybersecurity & Tech ETF 0.3 47 -22 4.7 -0.6
REET iShares Global REIT ETF 0.3 14 11 6.9 +1.6
WCBR WisdomTree Cybersecurity Fund 0.3 45 -20 3.2 -2.1
XDAT Franklin Exponential Data ETF 0.3 50 -25 1.4 -4.0
DFGR Dimensional Global Real Estate ETF 0.3 22 3 6.9 +1.6
SPAM Themes Cybersecurity ETF 0.3 35 -10 2.9 -2.5
VGSR Vert Global Sustainable Real Estate ETF 0.3 47 -22 6.9 +1.5
ICLN iShares Global Clean Energy ETF 0.3 41 -16 1.9 -3.5
VCLN Virtus Duff & Phelps Clean Energy ETF 0.3 59 -34 2.4 -2.9
IQM Franklin Intelligent Machines ETF 0.3 50 -25 1.2 -4.1
OND ProShares On-Demand ETF 0.2 58 -33 0.4 -4.9
EFRA iShares Environmental Infrastructure and Industrials ETF 0.2 47 -22 4.6 -0.8
TRFK Pacer Data and Digital Revolution ETF 0.2 60 -35 2.8 -2.5
ARKF ARK Fintech Innovation ETF 0.2 75 -50 0.3 -5.0
ISHP First Trust Nasdaq Retail ETF 0.2 60 -35 5.0 -0.3
BOAT SonicShares Global Shipping ETF 0.2 69 -44 21.3 +16.0
SUPL ProShares Supply Chain Logistics ETF 0.2 58 -33 7.7 +2.3
MJSC MUFG Japan Small Cap Active ETF 0.2 85 -60 4.6 -0.7
FDRR Fidelity Dividend ETF for Rising Rates 0.1 15 10 5.9 +0.6
FDVV Fidelity High Dividend ETF 0.1 15 10 6.6 +1.3
PRNT 3D Printing ETF 0.1 66 -41 1.3 -4.0
EBIZ Global X E-Commerce ETF 0.1 50 -25 4.4 -1.0
PIO Invesco Global Water ETF 0.1 75 -50 3.8 -1.5
CLOU Global X Cloud Computing ETF 0.1 68 -43 3.2 -2.1
COPX Global X Copper Miners ETF 0.1 65 -40 3.5 -1.8
DMAT Global X Disruptive Materials ETF 0.1 59 -34 4.7 -0.6
GMET VanEck Green Metals ETF 0.1 63 -38 0.6 -4.8

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

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RESULTS & ESTIMATES

  2020 2021 2022 2023 2024 2025E 2026E
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
  2024 2025E 2026E
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:

UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 8.1 %
Divided by: Fwd. P/BV 1.4 x
Less: Expense ratio 25 bp
Equals: ALTAR Score 5.3 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.59 CATEGORY
AVERAGE		 1.64
 
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.