Goldman Sachs ActiveBeta Japan Equity ETF
ALTAR
Score™		 8.3% info Recommen-
dation		 OVERWEIGHT
2024E    2025E
P/E
ratio		 14.3x P/Sales
ratio		 0.5x
P/BV
ratio		 1.1x 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) $40
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 198
Wgt avg mkt cap (mns) $41,735
Large cap (>$10bn) 71.8%
Mid cap ($2-10bn) 27.2%
Small cap (<$2bn) 1.1%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
TOYOTA MOTOR CORP 4.4 %
MITSUBISHI UFJ FINANCIAL GRO 3.0 %
HITACHI LTD 2.4 %
SUMITOMO MITSUI FINANCIAL GR 2.2 %
SONY CORP 2.1 %
TOKYO ELECTRON LTD 2.0 %
MITSUBISHI CORP 1.9 %
KEYENCE CORP 1.7 %
RECRUIT HOLDINGS CO LTD 1.6 %
TOKIO MARINE HOLDINGS INC 1.6 %
Total 22.9 %

TOP COUNTRY EXPOSURE
JAPAN 98.4 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru November 30)
Year-to-date 1 year 5 years 10 years Since Incep.
7.3% 10.6% 4.4% -- 6.1%

Market Correlations
versus... Beta R-squared
S&P500 0.78 75%
MSCI EAFE 0.83 83%
MSCI Emg. Mkts. 0.71 60%

Technical Indicators
Recent close $39.58
30d moving avg. $38.80
Annualized volatility 15.9%
Short interest (ETF) 2.2%
Relative strength (RSI) 46

Liquidity measures
Avg. volume (thou.) 16
Turnover 1.6%
Bid/Ask (% of price) 0.10%
ADV underlying (mns) $18,802

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 357 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™: 8.3%


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
(%)
DBJP Xtrackers MSCI Japan Hedged Equity ETF 82.5 47 -22 7.3 -1.0
BBJP JPMorgan BetaBuilders Japan ETF 81.7 19 6 7.6 -0.7
EWJ iShares MSCI Japan ETF 81.4 50 -25 7.7 -0.6
FLJP Franklin FTSE Japan ETF 75.7 9 16 7.6 -0.7
FLJH Franklin FTSE Japan Hedged ETF 75.5 9 16 7.7 -0.7
JPXN iShares JPX-Nikkei 400 ETF 72.2 48 -23 8.3 +0.0
DXJ WisdomTree Japan Hedged Equity Fund 58.3 48 -23 8.5 +0.2
EWJV iShares MSCI Japan Value ETF 53.0 15 10 9.9 +1.6
IPAC iShares Core MSCI Pacific ETF 52.4 9 16 7.1 -1.2
VPL Vanguard FTSE Pacific ETF 46.2 8 17 7.6 -0.7
FJP First Trust Japan AlphaDEX Fund 36.3 80 -55 10.1 +1.8
IVLU iShares MSCI Intl Value Factor ETF 28.9 30 -5 11.2 +2.9
PATN Pacer Nasdaq International Patent Leaders ETF 26.7 65 -40 6.3 -2.0
CEFA Global X S&P Catholic Values Developed ex-US ETF 25.3 35 -10 6.4 -1.9
DMXF iShares ESG Advanced MSCI EAFE ETF 24.5 12 13 5.3 -3.0
IDMO Invesco S&P International Developed Momentum ETF 24.1 25 0 5.7 -2.6
IQSI IQ Candriam International Equity ETF 24.1 15 10 6.3 -2.0
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 23.9 14 11 5.9 -2.4
JHMD John Hancock Multifactor Developed International ETF 23.0 39 -14 7.5 -0.8
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 22.7 20 5 6.2 -2.1
EFV iShares MSCI EAFE Value ETF 22.7 34 -9 9.2 +0.9
IQIN IQ 500 International ETF 22.7 25 0 9.1 +0.8
GSID Goldman Sachs MarketBeta International Equity ETF 22.5 20 5 6.7 -1.6
EFA iShares MSCI EAFE ETF 22.4 35 -10 6.6 -1.7
ESGD iShares ESG Aware MSCI EAFE ETF 22.3 20 5 6.7 -1.7
FNDF Schwab Fundamental International Large Co. Index ETF 22.2 25 0 9.6 +1.3
UIVM VictoryShares International Value Momentum ETF 22.1 35 -10 10.7 +2.4
EFG iShares MSCI EAFE Growth ETF 21.9 36 -11 4.3 -4.0
HFXI IQ FTSE International Equity Currency Neutral ETF 21.6 20 5 6.9 -1.4
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 21.5 36 -11 6.5 -1.8
QEFA SPDR MSCI EAFE StrategicFactors ETF 21.4 30 -5 7.0 -1.3
DIVI Franklin International Core Dividend Tilt Index ETF 21.0 9 16 7.8 -0.5
JIRE JPMorgan International Research Enhanced Equity ETF 20.6 24 1 6.8 -1.5
GSIE Goldman Sachs ActiveBeta International Equity ETF 20.6 25 0 6.9 -1.4
VIGI Vanguard International Dividend Appreciation ETF 20.5 15 10 6.2 -2.1
BKIE BNY Mellon International Equity ETF 20.3 4 21 6.8 -1.5
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 19.6 45 -20 8.7 +0.4
FENI Fidelity Enhanced International ETF 19.6 28 -3 7.8 -0.5
IEFA iShares Core MSCI EAFE ETF 19.4 7 18 6.8 -1.5
STXI Strive International Developed Markets ETF 19.1 29 -4 6.6 -1.7
DIHP Dimensional International High Profitability ETF 19.0 29 -4 7.3 -1.1
SCHF Schwab International Equity ETF 18.6 6 19 7.2 -1.1
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 18.4 51 -26 6.8 -1.5
IMTM iShares MSCI Intl Momentum Factor ETF 18.3 30 -5 6.0 -2.3
CIL VictoryShares International Volatility Wtd ETF 18.3 45 -20 6.8 -1.5
SPDW SPDR Portfolio Developed World ex-US ETF 18.2 3 22 7.0 -1.3
FIVA Fidelity International Value Factor ETF 18.1 18 7 10.0 +1.7
TPIF Timothy Plan International ETF 17.9 62 -37 6.6 -1.7
IGRO iShares International Dividend Growth ETF 17.8 15 10 7.3 -1.0
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 17.4 12 13 5.6 -2.7
EFAV iShares MSCI EAFE Min Vol Factor ETF 17.1 22 3 6.4 -1.9
IDEV iShares Core MSCI International Developed Markets ETF 17.1 4 21 6.9 -1.4
RFDI First Trust Riverfront Dynamic Developed International ETF 17.0 83 -58 9.6 +1.3
JPIN J.P. Morgan Diversified Return International Equity ETF 17.0 37 -12 8.7 +0.3
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 17.0 20 5 6.7 -1.6
NUDM Nuveen ESG International Developed Markets Equity ETF 16.9 31 -6 6.4 -1.9
FDT First Trust Developed Markets ex-US AlphaDEX Fund 16.9 80 -55 9.0 +0.7
INTF iShares International Equity Factor ETF 16.8 15 10 7.8 -0.5
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 16.8 24 1 8.4 +0.1
VEA Vanguard FTSE Developed Markets ETF 16.7 5 20 7.1 -1.2
DFIV Dimensional International Value ETF 16.6 27 -2 9.8 +1.5
QINT American Century Quality Diversified International ETF 16.2 39 -14 7.4 -0.9
DFAI Dimensional International Core Equity Market ETF 16.2 18 7 7.1 -1.3
DOL WisdomTree International LargeCap Dividend Fund 15.4 48 -23 7.6 -0.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 15.3 39 -14 7.3 -1.0
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 15.2 65 -40 4.0 -4.3
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 15.1 32 -7 5.8 -2.5
DWM WisdomTree International Equity Fund 14.5 48 -23 7.7 -0.6
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 14.4 40 -15 7.8 -0.5
GXUS Goldman Sachs MarketBeta Total International Equity ETF 14.4 18 7 6.8 -1.5
CWI SPDR MSCI ACWI ex-US ETF 14.2 30 -5 6.7 -1.6
DWMF WisdomTree International Multifactor Fund 14.1 38 -13 7.3 -1.0
ACWX iShares MSCI ACWI ex U.S. ETF 13.9 34 -9 6.7 -1.6
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 13.5 41 -16 7.2 -1.1
RODM Hartford Multifactor Developed Markets (ex-US) ETF 13.5 29 -4 8.3 +0.0
VEU Vanguard FTSE All-World ex-US Index Fund 13.4 8 17 7.0 -1.3
FDEV Fidelity International Multifactor ETF 13.4 18 7 7.5 -0.9
UMMA Wahed Dow Jones Islamic World ETF 13.4 65 -40 4.3 -4.0
JIG JPMorgan International Growth ETF 13.3 55 -30 4.4 -3.9
DTAN Sparkline International Intangible Value ETF 13.2 55 -30 8.7 +0.4
IQLT iShares MSCI Intl Quality Factor ETF 13.1 30 -5 5.9 -2.4
VSGX Vanguard ESG International Stock ETF 13.1 12 13 6.5 -1.8
DIM WisdomTree International MidCap Dividend Fund 12.8 58 -33 7.4 -0.9
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 12.8 39 -14 7.2 -1.1
IMFL Invesco International Developed Dynamic Multifactor ETF 12.6 34 -9 5.6 -2.7
DFSI Dimensional International Sustainability Core 1 ETF 12.5 24 1 6.2 -2.1
JHID John Hancock International High Dividend ETF 12.5 46 -21 10.9 +2.6
VXUS Vanguard Total International Stock ETF 12.2 7 18 7.0 -1.3
VYMI Vanguard International High Dividend Yield ETF 12.2 22 3 9.6 +1.3
EXI iShares Global Industrials ETF 12.2 42 -17 4.4 -3.9
CGIE Capital Group International Equity ETF 12.0 54 -29 4.7 -3.6
IQDY FlexShares International Quality Dividend Dynamic Index Fund 11.9 47 -22 9.0 +0.7
RODE Hartford Multifactor Diversified International ETF 11.9 29 -4 11.5 +3.2
IXUS iShares Core MSCI Total International Stock ETF 11.9 7 18 6.9 -1.4
DFIC Dimensional International Core Equity 2 ETF 11.8 23 2 7.5 -0.8
AVDE Avantis International Equity ETF 11.8 23 2 7.8 -0.5
IDHQ Invesco S&P International Developed High Quality ETF 11.1 29 -4 6.1 -2.2
RXI iShares Global Consumer Discretionary ETF 11.0 41 -16 5.0 -3.3
IQDF FlexShares International Quality Dividend Index Fund 10.9 47 -22 12.4 +4.1
FIDI Fidelity International High Dividend ETF 10.7 18 7 10.7 +2.4
VWID Virtus WMC International Dividend ETF 10.3 49 -24 9.2 +0.9
AVSD Avantis Responsible International Equity ETF 10.0 23 2 6.8 -1.5
IQDG WisdomTree International Quality Dividend Growth Fund 10.0 42 -17 6.4 -2.0
ICOW Pacer Developed Markets International Cash Cows 100 ETF 9.9 65 -40 12.6 +4.3
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 9.8 58 -33 6.2 -2.1
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 9.7 80 -55 5.4 -2.9
DGT SPDR Global Dow ETF 9.6 50 -25 6.6 -1.7
IQDE FlexShares International Quality Dividend Defensive Index ET 9.2 47 -22 14.4 +6.1
CLNR IQ Cleaner Transport ETF 9.1 45 -20 6.6 -1.7
AVIV Avantis International Large Cap Value ETF 9.0 25 0 8.7 +0.4
DSTX Distillate International Fundamental Stability & Value ETF 8.7 55 -30 7.7 -0.6
IVAL Alpha Architect International Quantitative Value ETF 8.7 49 -24 9.7 +1.4
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 8.6 68 -43 8.4 +0.1
ACWV iShares MSCI Global Min Vol Factor ETF 8.5 20 5 6.2 -2.1
WLDR Affinity World Leaders Equity ETF 8.4 67 -42 7.5 -0.8
BIGFX Baron International Growth Retail 8.4 75 -50 3.2 -5.1
KNO AXS Knowledge Leaders ETF 8.1 78 -53 4.9 -3.4
DFAX Dimensional World ex U.S. Core Equity 2 ETF 8.0 30 -5 7.7 -0.6
WRND IQ Global Equity R&D Leaders ETF 7.9 18 7 7.2 -1.1
QWLD SPDR MSCI World StrategicFactors ETF 7.5 30 -5 5.8 -2.5
AIVI WisdomTree International AI Enhanced Value Fund 7.3 58 -33 7.9 -0.4
CGXU Capital Group International Focus Equity ETF 7.2 54 -29 4.6 -3.7
EQIN Columbia US Equity Income ETF 7.2 35 -10 5.3 -3.0
EFAD ProShares MSCI EAFE Dividend Growers ETF 7.2 50 -25 5.1 -3.2
DWX SPDR S&P International Dividend ETF 7.1 45 -20 6.3 -2.0
NXTG First Trust Indxx NextG ETF 7.0 70 -45 6.0 -2.3
RGEF Rockefeller Global Equity ETF 6.9 55 -30 4.7 -3.6
DRIV Global X Autonomous & Electric Vehicles ETF 6.6 68 -43 5.3 -3.0
BULD Pacer BlueStar Engineering the Future ETF 6.6 60 -35 1.6 -6.7
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 6.5 25 0 5.5 -2.8
WWJD Inspire International ETF 6.3 80 -55 7.0 -1.3
IMOM Alpha Architect International Quantitative Momentum ETF 6.1 49 -24 6.6 -1.8
CARZ First Trust NASDAQ Global Auto Index Fund 5.9 70 -45 3.7 -4.6
GCOW Pacer Global Cash Cows Dividend ETF 5.8 60 -35 12.3 +4.0
OSEA Harbor International Compounders ETF 5.7 55 -30 4.0 -4.3
ESGG FlexShares STOXX Global ESG Select Index Fund 5.6 42 -17 4.9 -3.4
LVHI Franklin International Low Volatility High Dividend Index ET 5.5 40 -15 10.4 +2.1
QTUM Defiance Quantum ETF 5.4 40 -15 3.3 -5.1
DTH WisdomTree International High Dividend Fund 5.3 58 -33 9.9 +1.6
URTH iShares MSCI World ETF 5.2 24 1 5.0 -3.3
BKCI BNY Mellon Concentrated International ETF 5.1 80 -55 4.0 -4.3
IXG iShares Global Financials ETF 5.0 42 -17 6.0 -2.3
JSTC Adasina Social Justice All Cap Global ETF 4.9 89 -64 4.7 -3.6
KLMT Invesco MSCI Global Climate 500 ETF 4.7 10 15 5.3 -3.0
CRBN iShares MSCI ACWI Low Carbon Target ETF 4.7 20 5 5.0 -3.3
ACWI iShares MSCI ACWI ETF 4.7 32 -7 5.1 -3.2
AGQI First Trust Active Global Quality Income ETF 4.7 85 -60 5.7 -2.6
CGDG Capital Group Dividend Growers ETF 4.6 47 -22 6.5 -1.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 4.5 9 16 5.2 -3.1
GLOF iShares Global Equity Factor ETF 4.5 20 5 5.8 -2.5
KXI iShares Global Consumer Staples ETF 4.5 41 -16 5.6 -2.7
FYLD Cambria Foreign Shareholder Yield ETF 4.5 59 -34 13.4 +5.1
IBOT Vaneck Robotics ETF 4.4 47 -22 4.0 -4.4
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 4.4 9 16 9.7 +1.4
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 4.3 80 -55 3.0 -5.3
IBAT iShares Energy Storage & Materials ETF 4.3 47 -22 3.1 -5.2
FID First Trust S&P International Dividend Aristocrats ETF 4.3 60 -35 8.8 +0.4
VT Vanguard Total World Stock ETF 4.3 7 18 5.4 -2.9
IXP iShares Global Comm Services ETF 4.3 42 -17 4.9 -3.4
IXJ iShares Global Healthcare ETF 4.2 42 -17 6.5 -1.8
TEMP JPMorgan Climate Change Solutions ETF 4.1 49 -24 5.3 -3.0
BINV Brandes International ETF 4.1 70 -45 8.1 -0.2
FBOT Fidelity Disruptive Automation ETF 4.0 50 -25 3.5 -4.8
WBAT WisdomTree Battery Value Chain and Innovation Fund 4.0 45 -20 -0.6 -8.9
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 3.9 65 -40 1.8 -6.5
WDIV SPDR S&P Global Dividend ETF 3.9 40 -15 9.2 +0.9
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 3.9 47 -22 5.4 -2.9
GLBL Pacer MSCI World Industry Advantage ETF 3.8 65 -40 4.5 -3.8
IDLV Invesco S&P International Developed Low Volatility ETF 3.8 25 0 6.1 -2.2
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 3.7 42 -17 7.7 -0.7
ROBO ROBO Global Robotics & Automation Index ETF 3.7 95 -70 3.3 -5.0
CID VictoryShares International High Div Volatility Wtd ETF 3.7 45 -20 10.9 +2.6
DMDV AAM S&P Developed Markets High Dividend Value ETF 3.7 39 -14 12.3 +4.0
BLES Inspire Global Hope ETF 3.7 61 -36 6.2 -2.1
BTEK Future Tech ETF 3.7 88 -63 2.2 -6.1
BNE Blue Horizon BNE ETF 3.7 87 -62 4.6 -3.7
MXI iShares Global Materials ETF 3.6 41 -16 7.0 -1.3
IPAV Global X Infrastructure Development ex-U.S. ETF 3.6 55 -30 9.3 +1.0
SXUS Janus Henderson International Sustainable Equity ETF 3.5 60 -35 4.3 -4.0
BNGE First Trust S-Network Streaming and Gaming ETF 3.5 70 -45 -3.2 -11.5
SDG iShares MSCI Global Sustainable Development Goals ETF 3.5 49 -24 5.5 -2.8
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.4 12 13 4.7 -3.6
ARVR First Trust Indxx Metaverse ETF 3.3 70 -45 0.7 -7.6
RAYD Rayliant Quantitative Developed Market Equity ETF 3.3 80 -55 3.7 -4.6
OAIM OneAscent International Equity ETF 3.3 95 -70 5.0 -3.3
BOTT Themes Robotics & Automation ETF 3.2 35 -10 4.3 -4.1
IXN iShares Global Tech ETF 3.2 41 -16 4.3 -4.0
METV Roundhill Ball Metaverse ETF 3.1 59 -34 3.1 -5.2
NTZG Nuveen Global Net Zero Transition ETF 3.1 56 -31 4.6 -3.7
KNCT Invesco Next Gen Connectivity ETF 3.1 40 -15 4.7 -3.6
IDOG ALPS International Sector Dividend Dogs ETF 3.0 50 -25 12.3 +4.0
IPKW Invesco International BuyBack Achievers ETF 3.0 55 -30 11.1 +2.8
XT iShares Exponential Technologies ETF 2.9 46 -21 4.5 -3.8
GTEK Goldman Sachs Future Tech Leaders Equity ETF 2.9 75 -50 2.6 -5.7
FNDC Schwab Fundamental International Small Co. Index ETF 2.9 39 -14 6.9 -1.4
DINT Davis Select International ETF 2.8 55 -30 6.0 -2.3
MOTG VanEck Morningstar Global Wide Moat ETF 2.7 52 -27 5.4 -2.9
KOCG FIS Knights of Columbus Global Belief ETF 2.7 75 -50 4.8 -3.5
GINN Goldman Sachs Innovate Equity ETF 2.7 52 -27 2.6 -5.7
BOTZ Global X Robotics & Artificial Intelligence ETF 2.7 69 -44 2.3 -6.0
SCHY Schwab International Dividend Equity ETF 2.6 14 11 9.1 +0.8
IGPT Invesco AI and Next Gen Software ETF 2.6 60 -35 3.2 -5.1
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 2.4 75 -50 4.2 -4.1
URA Global X Uranium ETF 2.4 69 -44 2.3 -6.0
FAN First Trust Global Wind Energy ETF 2.4 60 -35 5.5 -2.8
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 2.3 45 -20 5.5 -2.8
FPXI First Trust International Equity Opportunities ETF 2.3 70 -45 4.7 -3.6
GDVD R3 Global Dividend Growth ETF 2.2 88 -63 5.6 -2.7
IVRS iShares Future Metaverse Tech and Communications ETF 2.2 47 -22 -4.5 -12.8
IOO iShares Global 100 ETF 2.1 41 -16 4.7 -3.6
CANC Tema Oncology ETF 2.1 75 -50 -3.5 -11.8
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 2.1 68 -43 2.1 -6.2
CRAK VanEck Oil Refiners ETF 2.0 61 -36 14.9 +6.6
MDEV First Trust Indxx Medical Devices ETF 2.0 70 -45 4.2 -4.2
FIXT Procure Disaster Recovery Strategy ETF 2.0 75 -50 5.8 -2.5
IQM Franklin Intelligent Machines ETF 2.0 50 -25 3.1 -5.2
EV Mast Global Battery Recycling & Production ETF 2.0 65 -40 12.1 +3.8
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.9 12 13 8.1 -0.2
THNR Amplify Weight Loss Drug & Treatment ETF 1.9 59 -34 5.0 -3.3
GSFP Goldman Sachs Future Planet Equity ETF 1.8 75 -50 4.0 -4.3
TTAI FCF International Quality ETF 1.8 59 -34 5.2 -3.1
CGGO Capital Group Global Growth Equity ETF 1.7 47 -22 4.4 -3.9
FDTX Fidelity Disruptive Technology ETF 1.7 50 -25 2.5 -5.8
JXI iShares Global Utilities ETF 1.7 43 -18 6.0 -2.3
JGLO JPMorgan Global Select Equity ETF 1.7 33 -8 4.4 -3.9
ESPO VanEck Video Gaming and eSports ETF 1.7 56 -31 3.2 -5.1
NERD Roundhill Video Games ETF 1.7 50 -25 6.4 -2.0
ODDS Pacer BlueStar Digital Entertainment ETF 1.7 60 -35 2.0 -6.3
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.6 10 15 7.5 -0.8
MINV Matthews Asia Innovators Active ETF 1.6 79 -54 3.0 -5.3
HYDR Global X Hydrogen ETF 1.6 50 -25 -11.1 -19.4
CGV Conductor Global Equity Value ETF 1.6 130 -105 10.6 +2.3
EFAS Global X MSCI SuperDividend EAFE ETF 1.6 57 -32 9.9 +1.6
SHPP Pacer Industrials and Logistics ETF 1.5 60 -35 9.1 +0.8
SEA U.S. Global Sea to Sky Cargo ETF 1.5 60 -35 23.2 +14.9
DTEC ALPS Disruptive Technologies ETF 1.5 50 -25 3.2 -5.1
ANEW ProShares MSCI Transformational Changes ETF 1.5 45 -20 3.4 -4.9
PICK iShares MSCI Global Metals & Mining Producers ETF 1.4 39 -14 12.9 +4.6
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.4 65 -40 7.8 -0.5
DEW WisdomTree Global High Dividend Fund 1.4 58 -33 8.4 +0.1
AGNG Global X Aging Population ETF 1.4 50 -25 4.1 -4.2
HERO Global X Video Games & Esports ETF 1.4 50 -25 4.1 -4.2
GGME Invesco Next Gen Media and Gaming ETF 1.4 60 -35 2.4 -5.9
IFGL iShares International Developed Real Estate ETF 1.4 48 -23 6.8 -1.5
SCJ iShares MSCI Japan Small-Cap ETF 1.4 50 -25 6.8 -1.5
ERET iShares Environmentally Aware Real Estate ETF 1.4 30 -5 6.4 -1.9
BECO BlackRock Future Climate and Sustainable Economy ETF 1.4 70 -45 12.4 +4.1
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.4 49 -24 6.8 -1.6
LIT Global X Lithium & Battery Tech ETF 1.3 75 -50 9.4 +1.1
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.3 58 -33 4.4 -3.9
GQRE FlexShares Global Quality Real Estate Index Fund 1.3 45 -20 5.9 -2.4
AIQ Global X Artificial Intelligence & Technology ETF 1.2 68 -43 3.6 -4.7
IDNA iShares Genomics Immunology and Healthcare ETF 1.2 47 -22 -4.1 -12.4
FILL iShares MSCI Global Energy Producers ETF 1.2 39 -14 9.8 +1.5
ION ProShares S&P Global Core Battery Metals ETF 1.1 58 -33 16.2 +7.9
HAP VanEck Natural Resources ETF 1.1 50 -25 10.1 +1.8
TINY ProShares Nanotechnology ETF 1.1 58 -33 1.8 -6.5
SUPL ProShares Supply Chain Logistics ETF 1.1 58 -33 14.3 +6.0
MOTO SmartETFs Smart Transportation & Technology ETF 1.0 68 -43 7.0 -1.3
IXC iShares Global Energy ETF 1.0 44 -19 9.1 +0.8
CCNR ALPS CoreCommodity Natural Resources ETF 1.0 39 -14 10.6 +2.3
MOTI VanEck Morningstar International Moat ETF 1.0 58 -33 5.6 -2.7
FPAG FPA Global Equity ETF 1.0 49 -24 5.3 -3.0
GDOC Goldman Sachs Future Health Care Equity ETF 1.0 75 -50 3.6 -4.7
TMFG Motley Fool Global Opportunities ETF 1.0 85 -60 3.2 -5.1
IWTR iShares MSCI Water Management Multisector ETF 1.0 47 -22 4.8 -3.5
HDRO Defiance Next Gen H2 ETF 1.0 30 -5 -11.5 -19.8
SCZ iShares MSCI EAFE Small-Cap ETF 1.0 40 -15 6.4 -2.0
CRTC Xtrackers US National Critical Technologies ETF 1.0 35 -10 5.0 -3.3
OZEM Roundhill GLP-1 & Weight Loss ETF 1.0 59 -34 -0.7 -9.0
RWO SPDR Dow Jones Global Real Estate ETF 1.0 50 -25 6.0 -2.3
RWX SPDR Dow Jones International Real Estate ETF 1.0 59 -34 7.3 -1.0
WDNA WisdomTree BioRevolution Fund 0.9 45 -20 -3.6 -11.9
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.9 72 -47 1.0 -7.3
GNR SPDR S&P Global Natural Resources ETF 0.8 40 -15 9.8 +1.5
IQRA IQ CBRE Real Assets ETF 0.8 65 -40 5.1 -3.2
FDVV Fidelity High Dividend ETF 0.8 15 10 8.7 +0.4
IVES Wedbush ETFMG Global Cloud Technology ETF 0.8 68 -43 4.4 -4.0
CHAT Roundhill Generative AI & Technology ETF 0.8 75 -50 3.2 -5.1
AIVC Amplify Bloomberg AI Value Chain ETF 0.8 59 -34 4.4 -3.9
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.7 56 -31 13.3 +5.0
IDAT iShares Future Cloud 5G and Tech ETF 0.7 47 -22 4.0 -4.3
OCEN IQ Clean Oceans ETF 0.7 45 -20 5.9 -2.4
HRTS Tema GLP-1 Obesity & Cardiometabolic ETF 0.7 75 -50 -1.6 -9.9
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.7 46 -21 4.9 -3.4
BATT Amplify Lithium & Battery Technology ETF 0.6 59 -34 -0.3 -8.6
SAGP Strategas Global Policy Opportunities ETF 0.6 65 -40 5.2 -3.2
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.6 85 -60 2.5 -5.8
SNSR Global X Internet of Things ETF 0.6 68 -43 4.5 -3.8
BCDF Horizon Kinetics Blockchain Development ETF 0.6 85 -60 3.3 -5.0
FDCF Fidelity Disruptive Communications ETF 0.6 50 -25 2.4 -5.9
ARKX ARK Space Exploration & Innovation ETF 0.5 75 -50 2.4 -5.9
TRFK Pacer Data and Digital Revolution ETF 0.5 60 -35 3.3 -5.1
FDRR Fidelity Dividend ETF for Rising Rates 0.5 15 10 7.3 -1.0
CRUZ Defiance Hotel Airline and Cruise ETF 0.5 45 -20 -4.3 -12.6
JETS U.S. Global Jets ETF 0.5 60 -35 -15.1 -23.4
AIRL Themes Airlines ETF 0.5 35 -10 -16.0 -24.3
BOAT SonicShares Global Shipping ETF 0.5 69 -44 38.0 +29.7
FTRI First Trust Indxx Global Natural Resources Income ETF 0.5 70 -45 9.9 +1.6
IDRV iShares Self-driving EV & Tech ETF 0.5 47 -22 -0.5 -8.8
HART IQ Healthy Hearts ETF 0.4 45 -20 4.9 -3.4
CGUS Capital Group Core Equity ETF 0.4 33 -8 4.3 -4.0
IBUY Amplify Online Retail ETF 0.4 65 -40 1.3 -7.0
OGIG ALPS O'Shares Global Internet Giants ETF 0.4 48 -23 1.8 -6.5
CZAR Themes Natural Monopoly ETF 0.3 35 -10 6.1 -2.2
REET iShares Global REIT ETF 0.3 14 11 6.2 -2.1
DFGR Dimensional Global Real Estate ETF 0.3 22 3 6.2 -2.1
VGSR Vert Global Sustainable Real Estate ETF 0.3 47 -22 5.6 -2.7
HTEC ROBO Global Healthcare Technology and Innovation ETF 0.3 68 -43 -0.1 -8.4
BUG Global X Cybersecurity ETF 0.3 51 -26 2.5 -5.8
CIBR First Trust NASDAQ Cybersecurity ETF 0.3 60 -35 3.9 -4.4
ERTH Invesco MSCI Sustainable Future ETF 0.3 62 -37 3.4 -4.9
HACK ETFMG Prime Cyber Security ETFMG Prime Cyber Security Fund 0.3 60 -35 3.3 -5.0
IHAK iShares Cybersecurity & Tech ETF 0.3 47 -22 3.1 -5.2
WCBR WisdomTree Cybersecurity Fund 0.3 45 -20 1.8 -6.5
XDAT Franklin Exponential Data ETF 0.3 50 -25 2.5 -5.8
SPAM Themes Cybersecurity ETF 0.3 35 -10 1.9 -6.4
MVPS Amplify Thematic All-Stars ETF 0.3 49 -24 2.7 -5.6
LNGG Roundhill Alerian LNG ETF 0.3 65 -40 9.2 +0.9
FTAG First Trust Indxx Global Agriculture ETF 0.3 70 -45 9.3 +1.0
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.3 46 -21 9.4 +1.1
IBLC iShares Blockchain and Tech ETF 0.3 47 -22 -1.5 -9.8
WTAI WisdomTree Artificial Intelligence and Innovation Fund 0.3 45 -20 2.9 -5.4
LUX Tema Luxury ETF 0.3 75 -50 3.0 -5.3
LUXX Roundhill S&P Global Luxury ETF 0.3 45 -20 2.4 -5.9
EFRA iShares Environmental Infrastructure and Industrials ETF 0.3 47 -22 4.9 -3.4
AVRE Avantis Real Estate ETF 0.2 17 8 5.9 -2.5
OND ProShares On-Demand ETF 0.2 58 -33 -2.0 -10.3
TINT ProShares Smart Materials ETF 0.2 58 -33 6.3 -2.0
BKCH Global X Blockchain ETF 0.2 50 -25 -2.7 -11.0
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 0.2 61 -36 1.8 -6.5
BLOK Amplify Transformational Data Sharing ETF 0.2 75 -50 0.5 -7.8
SATO Invesco Alerian Galaxy Crypto Economy ETF 0.2 61 -36 -1.9 -10.2
STCE Schwab Crypto Thematic ETF 0.2 30 -5 -1.4 -9.7
ETEC iShares Breakthrough Environmental Solutions ETF 0.2 47 -22 7.9 -0.4
VIDI Vident International Equity Strategy ETF 0.2 61 -36 10.0 +1.7
CLOU Global X Cloud Computing ETF 0.2 68 -43 1.6 -6.7
BUYZ Franklin Disruptive Commerce ETF 0.2 50 -25 1.8 -6.5
EATV VegTech Plant-based Innovation & Climate ETF 0.2 75 -50 2.1 -6.2
KROP Global X AgTech & Food Innovation ETF 0.2 50 -25 4.5 -3.8
MOO VanEck Agribusiness ETF 0.2 53 -28 9.6 +1.3
VEGI iShares MSCI Agriculture Producers ETF 0.2 39 -14 8.9 +0.6
IVEG iShares Emergent Food and AgTech Multisector ETF 0.2 47 -22 7.9 -0.4
PRNT 3D Printing ETF 0.1 66 -41 0.6 -7.7
ICLN iShares Global Clean Energy ETF 0.1 41 -16 5.7 -2.6
PIO Invesco Global Water ETF 0.1 75 -50 5.0 -3.3
FDNI First Trust Dow Jones International Internet ETF 0.1 65 -40 2.1 -6.2
COPX Global X Copper Miners ETF 0.1 65 -40 8.3 +0.0
DMAT Global X Disruptive Materials ETF 0.1 59 -34 10.7 +2.4
GMET VanEck Green Metals ETF 0.1 63 -38 11.0 +2.7
LIMI Themes Lithium & Battery Metal Miners ETF 0.1 35 -10 5.0 -3.3
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.0 86 -61 1.6 -6.7
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 0.0 86 -61 1.1 -7.2
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.0 60 -35 0.5 -7.8
SOCL Global X Social Media ETF 0.0 65 -40 -8.1 -16.4
FMET Fidelity Metaverse ETF 0.0 39 -14 5.0 -3.3
FICS First Trust International Developed Capital Strength ETF 0.0 70 -45 5.1 -3.2

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:

OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 8.9 %
Divided by: Fwd. P/BV 1.0 x
Less: Expense ratio 25 bp
Equals: ALTAR Score 8.3 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.61 CATEGORY
AVERAGE		 1.60
 
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.