Invesco S&P International Developed Low Volatility ETF
ALTAR
Score™		 5.8% info Recommen-
dation		 UNDERWEIGHT
2024E    2025E
P/E
ratio		 14.9x P/Sales
ratio		 1.4x
P/BV
ratio		 1.7x Div.
yield		 3.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Invesco S&P International Developed Low Volatility Portfolio is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P BMI International Developed Low Volatility Index (the "Underlying Index").

FUND BASICS
Category International Equities
Fund Sponsor Invesco PowerShares
Website www.powershares.com
Inception date Jan 13, 2012
Assets (mns) $390
Currency USD
Expense ratio 25 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Volatility
Index replication n/a
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 198
Wgt avg mkt cap (mns) $35,378
Large cap (>$10bn) 68.6%
Mid cap ($2-10bn) 29.4%
Small cap (<$2bn) 2.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ROYAL KPN NV 0.9 %
CANADIAN PACIFIC KANSAS CITY LTD 0.8 %
SINGAPORE EXCHANGE LTD 0.7 %
OVERSEA-CHINESE BANKING CORP 0.7 %
UNITED OVERSEAS BANK LTD 0.7 %
ORANGE SA 0.7 %
TELSTRA CORPORATION LIMITED 0.6 %
ZURICH FINANCIAL SERVICES AG 0.6 %
LONDON STOCK EXCHANGE GROUP 0.6 %
SINGAPORE TECHNOLOGIES ENG 0.6 %
Total 6.9 %

TOP COUNTRY EXPOSURE
JAPAN 17.4 %
CANADA 17.2 %
AUSTRALIA 10.7 %
FRANCE 8.2 %
BRITAIN 8.1 %
SWITZERLAND 5.1 %
SINGAPORE 4.8 %
ITALY 4.4 %
GERMANY 3.6 %
NETHERLANDS 3.2 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-1.2% 4.3% -0.2% 1.7% 4.2%

Market Correlations
versus... Beta R-squared
S&P500 0.59 68%
MSCI EAFE 0.68 87%
MSCI Emg. Mkts. 0.55 58%

Technical Indicators
Recent close $28.16
30d moving avg. $27.72
Annualized volatility 12.8%
Short interest (ETF) 0.0%
Relative strength (RSI) 51

Liquidity measures
Avg. volume (thou.) 40
Turnover 0.3%
Bid/Ask (% of price) 0.26%
ADV underlying (mns) $15,587

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 454 potential alternatives to the Invesco S&P International Developed Low Volatility ETF ETF based on the alternatives' overlap in portfolio holdings with IDLV. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IDLV Expense: 25 bp ALTAR Score™: 5.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IDLV
Ticker Fund
Name		 Overlap1
vs IDLV
(%)		 Expense
ratio
(bp)		 Savings
vs IDLV
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs IDLV
(%)
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 49.2 80 -55 5.2 -0.6
CIL VictoryShares International Volatility Wtd ETF 32.4 45 -20 6.8 +1.0
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 32.3 51 -26 6.7 +0.9
DWMF WisdomTree International Multifactor Fund 31.0 38 -13 7.4 +1.5
EFAV iShares MSCI EAFE Min Vol Factor ETF 30.5 22 3 5.9 +0.1
TPIF Timothy Plan International ETF 29.3 62 -37 6.5 +0.7
RODM Hartford Multifactor Developed Markets (ex-US) ETF 28.5 29 -4 8.6 +2.7
QEFA SPDR MSCI EAFE StrategicFactors ETF 26.5 30 -5 6.7 +0.9
DOL WisdomTree International LargeCap Dividend Fund 26.4 48 -23 7.7 +1.9
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 26.2 32 -7 5.7 -0.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 24.5 45 -20 8.6 +2.8
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 24.2 40 -15 7.9 +2.0
GSIE Goldman Sachs ActiveBeta International Equity ETF 24.1 25 0 7.0 +1.2
DWM WisdomTree International Equity Fund 24.1 48 -23 7.8 +1.9
DIVI Franklin International Core Dividend Tilt Index ETF 24.0 9 16 7.6 +1.8
VYMI Vanguard International High Dividend Yield ETF 24.0 22 3 9.6 +3.7
BKIE BNY Mellon International Equity ETF 23.9 4 21 6.9 +1.1
IDEV iShares Core MSCI International Developed Markets ETF 23.7 4 21 6.8 +1.0
IQIN IQ 500 International ETF 23.3 25 0 8.7 +2.9
EFA iShares MSCI EAFE ETF 23.3 35 -10 6.5 +0.7
EFV iShares MSCI EAFE Value ETF 23.2 34 -9 8.9 +3.1
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 23.2 20 5 6.1 +0.2
SCHF Schwab International Equity ETF 22.9 6 19 7.1 +1.3
SPDW SPDR Portfolio Developed World ex-US ETF 22.6 3 22 6.8 +1.0
VEA Vanguard FTSE Developed Markets ETF 22.4 5 20 6.9 +1.0
DTH WisdomTree International High Dividend Fund 22.3 58 -33 10.0 +4.1
ESGD iShares ESG Aware MSCI EAFE ETF 22.0 20 5 6.4 +0.6
FNDF Schwab Fundamental International Large Co. Index ETF 21.9 25 0 9.3 +3.4
IEV iShares Europe ETF 21.8 67 -42 6.2 +0.3
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 21.8 25 0 6.9 +1.1
JHMD John Hancock Multifactor Developed International ETF 21.8 39 -14 7.4 +1.6
CEFA Global X S&P Catholic Values Developed ex-US ETF 21.3 35 -10 6.2 +0.3
GSID Goldman Sachs MarketBeta International Equity ETF 21.3 20 5 6.7 +0.8
LVHI Franklin International Low Volatility High Dividend Index ET 21.2 40 -15 10.3 +4.5
IEFA iShares Core MSCI EAFE ETF 21.2 7 18 6.7 +0.9
HFXI IQ FTSE International Equity Currency Neutral ETF 21.0 20 5 6.8 +1.0
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 20.9 36 -11 6.5 +0.7
CWI SPDR MSCI ACWI ex-US ETF 20.8 30 -5 6.7 +0.9
IQSI IQ Candriam International Equity ETF 20.8 15 10 6.4 +0.5
DFAI Dimensional International Core Equity Market ETF 20.7 18 7 7.0 +1.1
BBEU JPMorgan BetaBuilders Europe ETF 20.5 9 16 6.9 +1.1
CID VictoryShares International High Div Volatility Wtd ETF 20.4 45 -20 9.0 +3.2
SPEU SPDR Portfolio Europe ETF 20.3 7 18 6.6 +0.7
IEUR iShares Core MSCI Europe ETF 20.3 11 14 6.6 +0.8
ACWX iShares MSCI ACWI ex U.S. ETF 20.0 34 -9 6.8 +0.9
IQLT iShares MSCI Intl Quality Factor ETF 19.8 30 -5 6.0 +0.1
DBEU Xtrackers MSCI Europe Hedged Equity ETF 19.8 46 -21 6.5 +0.7
VGK Vanguard FTSE Europe ETF 19.8 11 14 6.7 +0.8
ISZE iShares MSCI Intl Size Factor ETF 19.7 30 -5 6.7 +0.9
JPIN J.P. Morgan Diversified Return International Equity ETF 19.7 37 -12 8.5 +2.6
WWJD Inspire International ETF 19.2 80 -55 6.9 +1.1
FLEE Franklin FTSE Europe ETF 19.2 9 16 6.9 +1.1
FDEV Fidelity International Multifactor ETF 19.0 18 7 7.4 +1.6
JIRE JPMorgan International Research Enhanced Equity ETF 19.0 24 1 6.8 +1.0
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 18.9 39 -14 7.2 +1.4
VWID Virtus WMC International Dividend ETF 18.8 49 -24 9.2 +3.4
DWX SPDR S&P International Dividend ETF 18.8 45 -20 6.6 +0.8
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 18.7 25 0 5.7 -0.1
DMXF iShares ESG Advanced MSCI EAFE ETF 18.3 12 13 5.1 -0.7
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 17.9 41 -16 6.7 +0.9
IXUS iShares Core MSCI Total International Stock ETF 17.7 7 18 7.0 +1.2
EZU iShares MSCI Eurozone ETF 17.4 52 -27 6.3 +0.5
INTF iShares International Equity Factor ETF 17.3 15 10 8.0 +2.1
VEU Vanguard FTSE All-World ex-US Index Fund 17.2 8 17 7.0 +1.2
FLEU Franklin FTSE Eurozone ETF 17.0 9 16 6.9 +1.1
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 16.8 24 1 8.3 +2.5
FENI Fidelity Enhanced International ETF 16.6 28 -3 8.0 +2.2
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 16.6 45 -20 6.6 +0.8
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 16.3 20 5 6.8 +1.0
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 15.9 39 -14 7.7 +1.8
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 15.6 14 11 5.8 +0.0
IGRO iShares International Dividend Growth ETF 15.5 15 10 7.1 +1.3
IVLU iShares MSCI Intl Value Factor ETF 15.5 30 -5 11.0 +5.1
DIHP Dimensional International High Profitability ETF 15.4 29 -4 7.4 +1.6
VXUS Vanguard Total International Stock ETF 15.3 7 18 6.9 +1.1
IMFL Invesco International Developed Dynamic Multifactor ETF 15.1 34 -9 10.8 +4.9
DFIC Dimensional International Core Equity 2 ETF 15.0 23 2 7.5 +1.6
SCHY Schwab International Dividend Equity ETF 14.9 14 11 8.9 +3.1
AVDE Avantis International Equity ETF 14.9 23 2 7.8 +1.9
VSGX Vanguard ESG International Stock ETF 14.9 12 13 6.5 +0.7
DFSI Dimensional International Sustainability Core 1 ETF 14.9 24 1 6.1 +0.3
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 14.5 9 16 9.5 +3.7
EWC iShares MSCI Canada ETF 14.4 50 -25 7.1 +1.3
RFDI First Trust Riverfront Dynamic Developed International ETF 14.3 83 -58 8.8 +2.9
DFIV Dimensional International Value ETF 14.3 27 -2 9.8 +3.9
IDHQ Invesco S&P International Developed High Quality ETF 14.0 29 -4 6.2 +0.4
IQDE FlexShares International Quality Dividend Defensive Index ET 14.0 47 -22 8.2 +2.4
EFG iShares MSCI EAFE Growth ETF 13.7 36 -11 4.3 -1.5
IXG iShares Global Financials ETF 13.7 42 -17 6.6 +0.8
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 13.7 20 5 10.2 +4.4
NUDM Nuveen ESG International Developed Markets Equity ETF 13.5 31 -6 6.3 +0.5
BBCA JPMorgan BetaBuilders Canada ETF 13.3 19 6 7.2 +1.3
FIDI Fidelity International High Dividend ETF 13.3 18 7 10.4 +4.6
EPP iShares MSCI Pacific ex-Japan ETF 13.2 47 -22 5.3 -0.6
FID First Trust S&P International Dividend Aristocrats ETF 13.2 60 -35 9.4 +3.6
WDIV SPDR S&P Global Dividend ETF 13.2 40 -15 9.6 +3.8
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 13.2 19 6 5.7 -0.1
RODE Hartford Multifactor Diversified International ETF 13.2 29 -4 11.4 +5.6
IPAC iShares Core MSCI Pacific ETF 12.9 9 16 6.8 +1.0
FICS First Trust International Developed Capital Strength ETF 12.7 70 -45 4.3 -1.6
AIVI WisdomTree International AI Enhanced Value Fund 12.2 58 -33 8.0 +2.1
DEW WisdomTree Global High Dividend Fund 11.9 58 -33 8.7 +2.8
VPL Vanguard FTSE Pacific ETF 11.8 8 17 6.9 +1.1
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 11.6 47 -22 5.7 -0.1
AVIV Avantis International Large Cap Value ETF 11.6 25 0 8.8 +3.0
IMTM iShares MSCI Intl Momentum Factor ETF 11.5 30 -5 6.6 +0.8
QWLD SPDR MSCI World StrategicFactors ETF 11.2 30 -5 5.9 +0.1
GCOW Pacer Global Cash Cows Dividend ETF 10.9 60 -35 12.1 +6.3
ESGG FlexShares STOXX Global ESG Select Index Fund 10.9 42 -17 5.2 -0.6
FIVA Fidelity International Value Factor ETF 10.7 18 7 9.8 +4.0
FLCA Franklin FTSE Canada ETF 10.7 9 16 7.4 +1.6
RFEU First Trust Riverfront Dynamic Europe ETF 10.7 83 -58 8.8 +3.0
UIVM VictoryShares International Value Momentum ETF 10.6 35 -10 10.5 +4.6
TTAI FCF International Quality ETF 10.5 59 -34 6.6 +0.8
DFAX Dimensional World ex U.S. Core Equity 2 ETF 10.2 30 -5 7.9 +2.0
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 10.1 65 -40 5.8 -0.0
KXI iShares Global Consumer Staples ETF 10.0 41 -16 5.5 -0.3
BLES Inspire Global Hope ETF 10.0 61 -36 6.4 +0.5
FLAU Franklin FTSE Australia ETF 9.9 9 16 5.5 -0.4
IDV iShares International Select Dividend ETF 9.8 51 -26 12.0 +6.2
OEUR ALPS O'Shares Europe Quality Dividend ETF 9.7 48 -23 5.9 +0.1
DIM WisdomTree International MidCap Dividend Fund 9.7 58 -33 7.5 +1.7
QINT American Century Quality Diversified International ETF 9.6 39 -14 7.7 +1.8
DGT SPDR Global Dow ETF 9.6 50 -25 6.6 +0.8
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 9.5 80 -55 3.5 -2.4
EWA iShares MSCI Australia ETF 9.4 50 -25 5.1 -0.7
EUFN iShares MSCI Europe Financials ETF 9.4 51 -26 8.0 +2.2
FGD First Trust Dow Jones Global Select Dividend Index Fund 9.4 56 -31 13.6 +7.7
VIGI Vanguard International Dividend Appreciation ETF 9.3 15 10 5.7 -0.1
IDMO Invesco S&P International Developed Momentum ETF 9.3 25 0 7.6 +1.7
VIDI Vident International Equity Strategy ETF 9.2 61 -36 11.9 +6.0
EFAS Global X MSCI SuperDividend EAFE ETF 9.1 57 -32 9.7 +3.9
DSTX Distillate International Fundamental Stability & Value ETF 8.9 55 -30 8.6 +2.8
FEZ SPDR EURO STOXX 50 ETF 8.8 29 -4 6.5 +0.6
FEP First Trust Europe AlphaDEX Fund 8.8 80 -55 5.5 -0.3
NXTG First Trust Indxx NextG ETF 8.8 70 -45 5.9 +0.0
TOK iShares MSCI Kokusai ETF 8.7 26 -1 5.2 -0.6
URTH iShares MSCI World ETF 8.6 24 1 5.4 -0.5
ACWV iShares MSCI Global Min Vol Factor ETF 8.5 20 5 6.2 +0.4
EFAD ProShares MSCI EAFE Dividend Growers ETF 8.3 50 -25 5.0 -0.8
EWQ iShares MSCI France ETF 8.3 53 -28 5.8 0.0
FEUZ First Trust Eurozone AlphaDEX ETF 8.2 80 -55 4.3 -1.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 8.2 12 13 4.8 -1.0
IQDF FlexShares International Quality Dividend Index Fund 8.2 47 -22 8.9 +3.1
UMMA Wahed Dow Jones Islamic World ETF 8.2 65 -40 4.6 -1.3
ICOW Pacer Developed Markets International Cash Cows 100 ETF 8.1 65 -40 12.3 +6.4
JHID John Hancock International High Dividend ETF 8.0 46 -21 11.0 +5.2
LEGR First Trust Indxx Innovative Transaction & Process ETF 8.0 65 -40 8.3 +2.5
RWX SPDR Dow Jones International Real Estate ETF 8.0 59 -34 6.6 +0.7
IDOG ALPS International Sector Dividend Dogs ETF 7.9 50 -25 11.5 +5.6
EUDG WisdomTree Europe Quality Dividend Growth Fund 7.8 58 -33 5.9 +0.0
KOKU Xtrackers MSCI Kokusai Equity ETF 7.8 9 16 5.4 -0.4
ACWI iShares MSCI ACWI ETF 7.7 32 -7 5.5 -0.4
HEDJ WisdomTree Europe Hedged Equity Fund 7.7 58 -33 9.3 +3.5
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 7.5 46 -21 5.4 -0.5
EXI iShares Global Industrials ETF 7.4 42 -17 4.9 -0.9
IFGL iShares International Developed Real Estate ETF 7.3 48 -23 6.6 +0.8
JIG JPMorgan International Growth ETF 7.2 55 -30 4.3 -1.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 7.1 9 16 5.7 -0.2
EWU iShares MSCI United Kingdom ETF 7.1 50 -25 7.9 +2.1
MOTG VanEck Morningstar Global Wide Moat ETF 7.1 52 -27 5.7 -0.2
IXP iShares Global Comm Services ETF 7.0 42 -17 5.4 -0.4
FLGB Franklin FTSE United Kingdom ETF 6.9 9 16 8.2 +2.4
WPS iShares International Developed Property ETF 6.9 48 -23 7.0 +1.1
IQRA IQ CBRE Real Assets ETF 6.8 65 -40 5.5 -0.3
GLOF iShares Global Equity Factor ETF 6.8 20 5 7.2 +1.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 6.8 20 5 5.3 -0.5
VT Vanguard Total World Stock ETF 6.8 7 18 5.8 -0.1
EQIN Columbia US Equity Income ETF 6.7 35 -10 8.5 +2.6
JXI iShares Global Utilities ETF 6.3 43 -18 6.3 +0.5
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 6.2 80 -55 8.2 +2.4
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 6.2 10 15 7.6 +1.8
FLJP Franklin FTSE Japan ETF 6.0 9 16 7.0 +1.2
FLJH Franklin FTSE Japan Hedged ETF 6.0 9 16 7.3 +1.4
VNQI Vanguard Global ex-U.S. Real Estate ETF 6.0 12 13 8.0 +2.1
DMDV AAM S&P Developed Markets High Dividend Value ETF 6.0 39 -14 13.1 +7.2
FDT First Trust Developed Markets ex-US AlphaDEX Fund 5.8 80 -55 8.1 +2.2
EWJV iShares MSCI Japan Value ETF 5.7 15 10 8.6 +2.7
BBJP JPMorgan BetaBuilders Japan ETF 5.7 19 6 6.9 +1.1
IQDY FlexShares International Quality Dividend Dynamic Index Fund 5.7 47 -22 9.1 +3.3
JSTC Adasina Social Justice All Cap Global ETF 5.7 89 -64 4.9 -1.0
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 5.6 25 0 7.7 +1.9
IQDG WisdomTree International Quality Dividend Growth Fund 5.5 42 -17 6.1 +0.3
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 5.5 58 -33 6.0 +0.2
FYLD Cambria Foreign Shareholder Yield ETF 5.3 59 -34 12.2 +6.3
RAYD Rayliant Quantitative Developed Market Equity ETF 5.2 80 -55 4.5 -1.3
EWJ iShares MSCI Japan ETF 5.2 50 -25 7.1 +1.2
DBJP Xtrackers MSCI Japan Hedged Equity ETF 5.2 47 -22 6.9 +1.1
EWL iShares MSCI Switzerland ETF 5.1 50 -25 4.0 -1.9
BLLD JPMorgan Sustainable Infrastructure ETF 5.0 49 -24 5.6 -0.2
WLDR Affinity World Leaders Equity ETF 4.9 67 -42 8.4 +2.6
IOO iShares Global 100 ETF 4.9 41 -16 4.9 -1.0
BINV Brandes International ETF 4.9 70 -45 8.2 +2.4
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 4.9 68 -43 8.3 +2.4
IGF iShares Global Infrastructure ETF 4.9 41 -16 4.8 -1.0
GII SPDR S&P Global Infrastructure ETF 4.8 40 -15 4.8 -1.0
SCJ iShares MSCI Japan Small-Cap ETF 4.7 50 -25 6.3 +0.5
PID Invesco International Dividend Achievers ETF 4.6 53 -28 6.8 +1.0
FLSW Franklin FTSE Switzerland ETF 4.5 9 16 5.0 -0.8
EUDV ProShares MSCI Europe Dividend Growers ETF 4.5 55 -30 4.9 -0.9
DVYA iShares Asia/Pacific Dividend ETF 4.5 49 -24 9.3 +3.5
KNCT Invesco Next Gen Connectivity ETF 4.4 40 -15 5.7 -0.2
JGLO JPMorgan Global Select Equity ETF 4.4 33 -8 4.5 -1.3
IPKW Invesco International BuyBack Achievers ETF 4.4 55 -30 9.5 +3.7
FKU First Trust United Kingdom AlphaDEX Fund 4.3 80 -55 7.1 +1.3
GVAL Cambria Global Value ETF 4.3 68 -43 12.9 +7.1
EWS iShares MSCI Singapore ETF 4.3 50 -25 5.6 -0.2
IVAL Alpha Architect International Quantitative Value ETF 4.3 49 -24 10.2 +4.4
FDD First Trust Stoxx European Select Dividend Index Fund 4.2 58 -33 12.9 +7.1
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 4.2 45 -20 5.8 +0.0
NTZG Nuveen Global Net Zero Transition ETF 4.0 56 -31 4.8 -1.1
RWO SPDR Dow Jones Global Real Estate ETF 4.0 50 -25 6.3 +0.5
SDG iShares MSCI Global Sustainable Development Goals ETF 4.0 49 -24 5.6 -0.2
EWI iShares MSCI Italy ETF 3.9 50 -25 8.3 +2.4
FSZ First Trust Switzerland AlphaDEX Fund 3.9 80 -55 3.9 -1.9
JPXN iShares JPX-Nikkei 400 ETF 3.8 48 -23 7.8 +1.9
AVRE Avantis Real Estate ETF 3.7 17 8 6.1 +0.3
REET iShares Global REIT ETF 3.6 14 11 6.6 +0.7
DAX Global X DAX Germany ETF 3.6 21 4 6.9 +1.1
EWG iShares MSCI Germany ETF 3.6 50 -25 6.5 +0.6
ERET iShares Environmentally Aware Real Estate ETF 3.5 30 -5 6.7 +0.9
BKCI BNY Mellon Concentrated International ETF 3.4 80 -55 3.8 -2.0
MOTI VanEck Morningstar International Moat ETF 3.3 58 -33 6.2 +0.4
EWN iShares MSCI Netherlands ETF 3.2 50 -25 4.6 -1.2
DIVS SmartETFs Dividend Builder ETF 3.2 65 -40 5.1 -0.8
FNDC Schwab Fundamental International Small Co. Index ETF 3.2 39 -14 7.0 +1.1
KOCG FIS Knights of Columbus Global Belief ETF 3.1 75 -50 5.4 -0.4
FLGR Franklin FTSE Germany ETF 3.1 9 16 7.1 +1.3
DFGR Dimensional Global Real Estate ETF 3.1 22 3 6.5 +0.6
OSEA Harbor International Compounders ETF 3.1 55 -30 3.9 -1.9
KLDW Knowledge Leaders Developed World ETF 3.0 75 -50 4.8 -1.1
SXUS Janus Henderson International Sustainable Equity ETF 3.0 60 -35 4.1 -1.8
GDVD R3 Global Dividend Growth ETF 3.0 88 -63 5.6 -0.3
IXC iShares Global Energy ETF 3.0 44 -19 9.1 +3.3
SCHC Schwab International Small-Cap Equity ETF 2.9 11 14 6.2 +0.4
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 2.9 49 -24 6.4 +0.6
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 2.9 42 -17 7.4 +1.6
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 2.9 58 -33 4.7 -1.1
EWD iShares MSCI Sweden ETF 2.9 54 -29 6.1 +0.3
IXJ iShares Global Healthcare ETF 2.9 42 -17 5.8 0.0
BCDF Horizon Kinetics Blockchain Development ETF 2.9 85 -60 4.9 -0.9
SCZ iShares MSCI EAFE Small-Cap ETF 2.8 40 -15 6.2 +0.3
CRTC Xtrackers US National Critical Technologies ETF 2.7 35 -10 5.4 -0.5
GREI Goldman Sachs Future Real Estate and Infrastructure Equity E 2.6 75 -50 4.6 -1.2
ASEA Global X FTSE Southeast Asia ETF 2.5 65 -40 6.3 +0.5
AGQI First Trust Active Global Quality Income ETF 2.4 85 -60 5.4 -0.4
CGGO Capital Group Global Growth Equity ETF 2.3 47 -22 4.8 -1.1
WTRE WisdomTree New Economy Real Estate Fund 2.3 58 -33 4.8 -1.0
AAXJ iShares MSCI All Country Asia ex Japan ETF 2.3 70 -45 6.3 +0.4
CLNR IQ Cleaner Transport ETF 2.3 45 -20 6.3 +0.5
WRND IQ Global Equity R&D Leaders ETF 2.3 18 7 7.1 +1.3
DXJ WisdomTree Japan Hedged Equity Fund 2.3 48 -23 8.1 +2.3
INFL Horizon Kinetics Inflation Beneficiaries ETF 2.2 85 -60 4.6 -1.3
TMFG Motley Fool Global Opportunities ETF 2.1 85 -60 3.4 -2.4
FJP First Trust Japan AlphaDEX Fund 2.1 80 -55 10.8 +5.0
RXI iShares Global Consumer Discretionary ETF 2.1 41 -16 5.8 -0.0
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 2.1 7 18 6.4 +0.5
TPYP Tortoise North American Pipeline Fund 2.1 40 -15 5.2 -0.6
ENFR Alerian Energy Infrastructure ETF 2.1 35 -10 4.7 -1.2
UMI USCF Midstream Energy Income Fund ETF 2.1 85 -60 4.5 -1.4
USAI Pacer American Energy Independence ETF 2.1 75 -50 4.1 -1.7
FGM First Trust Germany AlphaDEX Fund 2.1 80 -55 9.7 +3.8
EWK iShares MSCI Belgium ETF 2.0 50 -25 7.6 +1.7
SAGP Strategas Global Policy Opportunities ETF 2.0 65 -40 5.3 -0.6
FPXE First Trust IPOX Europe Equity Opportunities ETF 2.0 70 -45 3.8 -2.0
ECLN First Trust EIP Carbon Impact ETF 2.0 96 -71 5.0 -0.8
AIA iShares Asia 50 ETF 2.0 50 -25 6.7 +0.8
EWP iShares MSCI Spain ETF 1.9 50 -25 7.9 +2.1
FPAG FPA Global Equity ETF 1.9 49 -24 5.5 -0.4
ENZL iShares MSCI New Zealand ETF 1.9 50 -25 2.7 -3.1
XT iShares Exponential Technologies ETF 1.8 46 -21 4.7 -1.1
OCEN IQ Clean Oceans ETF 1.8 45 -20 5.6 -0.2
FLAX Franklin FTSE Asia Ex Japan ETF 1.8 19 6 7.0 +1.1
QTUM Defiance Quantum ETF 1.8 40 -15 4.4 -1.5
JRNY ALPS Global Travel Beneficiaries ETF 1.8 65 -40 -1.2 -7.1
FDFF Fidelity Disruptive Finance ETF 1.7 50 -25 4.6 -1.3
EMLP First Trust North American Energy Infrastructure Fund 1.6 95 -70 5.3 -0.6
EWO iShares MSCI Austria ETF 1.6 50 -25 12.5 +6.7
CGXU Capital Group International Focus Equity ETF 1.5 54 -29 5.1 -0.8
HART IQ Healthy Hearts ETF 1.5 45 -20 5.2 -0.6
GSFP Goldman Sachs Future Planet Equity ETF 1.5 75 -50 4.5 -1.4
RVRB Reverb ETF 1.5 30 -5 5.0 -0.8
FAN First Trust Global Wind Energy ETF 1.5 60 -35 5.3 -0.5
CGUS Capital Group Core Equity ETF 1.5 33 -8 4.6 -1.2
GINN Goldman Sachs Innovate Equity ETF 1.4 52 -27 2.7 -3.1
IDNA iShares Genomics Immunology and Healthcare ETF 1.4 47 -22 -4.0 -9.9
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 1.4 75 -50 7.6 +1.7
TOLL Tema Monopolies and Oligopolies ETF 1.4 75 -50 2.8 -3.1
ENOR iShares MSCI Norway ETF 1.4 53 -28 7.6 +1.8
NORW Global X MSCI Norway ETF 1.4 50 -25 7.6 +1.7
SMOG VanEck Low Carbon Energy ETF 1.4 61 -36 2.7 -3.1
FILL iShares MSCI Global Energy Producers ETF 1.4 39 -14 10.0 +4.2
GNR SPDR S&P Global Natural Resources ETF 1.4 40 -15 9.8 +4.0
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.4 46 -21 9.3 +3.4
EIPI FT Energy Income Partners Enhanced Income ETF 1.3 110 -85 5.8 -0.1
IMOM Alpha Architect International Quantitative Momentum ETF 1.3 49 -24 7.3 +1.4
JETS U.S. Global Jets ETF 1.3 60 -35 -15.6 -21.5
OBOR KraneShares MSCI One Belt One Road Index ETF 1.3 79 -54 9.9 +4.1
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 1.2 58 -33 9.2 +3.4
IVRA Invesco Real Assets ESG ETF 1.1 59 -34 6.4 +0.6
NDIV Amplify Natural Resources Dividend Income ETF 1.1 59 -34 9.4 +3.6
MDLV Morgan Dempsey Large Cap Value ETF 1.1 58 -33 8.2 +2.4
CZA Invesco Zacks Mid-Cap ETF 1.1 72 -47 6.4 +0.5
ADIV SmartETFs Asia Pacific Dividend Builder ETF 1.1 78 -53 9.3 +3.5
DFNL Davis Select Financial ETF 1.1 63 -38 7.2 +1.3
DINT Davis Select International ETF 1.1 55 -30 6.2 +0.4
BTHM BlackRock Future U.S. Themes ETF 1.0 60 -35 4.3 -1.6
QLV FlexShares US Quality Low Volatility Index Fund 1.0 22 3 4.0 -1.8
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 1.0 55 -30 3.5 -2.4
DTEC ALPS Disruptive Technologies ETF 1.0 50 -25 3.2 -2.7
BTEK Future Tech ETF 1.0 88 -63 2.3 -3.6
WDNA WisdomTree BioRevolution Fund 1.0 45 -20 -3.7 -9.5
EFNL iShares MSCI Finland ETF 1.0 56 -31 8.0 +2.2
VCLN Virtus Duff & Phelps Clean Energy ETF 1.0 59 -34 3.4 -2.4
GQRE FlexShares Global Quality Real Estate Index Fund 1.0 45 -20 6.5 +0.6
DFIS Dimensional International Small Cap ETF 1.0 39 -14 6.4 +0.6
ROOF IQ CBRE NextGen Real Estate ETF 1.0 60 -35 7.0 +1.2
LNGG Roundhill Alerian LNG ETF 1.0 65 -40 8.5 +2.7
FIXT Procure Disaster Recovery Strategy ETF 1.0 75 -50 5.9 +0.1
INDS Pacer Industrial Real Estate ETF 0.9 55 -30 5.5 -0.4
BECO BlackRock Future Climate and Sustainable Economy ETF 0.9 70 -45 12.8 +7.0
MXI iShares Global Materials ETF 0.9 41 -16 6.8 +1.0
CRUZ Defiance Hotel Airline and Cruise ETF 0.9 45 -20 -5.1 -10.9
TRFK Pacer Data and Digital Revolution ETF 0.9 60 -35 4.6 -1.2
DTRE First Trust Alerian Disruptive Technology Real Estate ETF 0.9 60 -35 3.6 -2.3
EDEN iShares MSCI Denmark ETF 0.9 53 -28 5.8 +0.0
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.9 79 -54 4.9 -1.0
BNE Blue Horizon BNE ETF 0.9 87 -62 5.2 -0.6
EFRA iShares Environmental Infrastructure and Industrials ETF 0.9 47 -22 4.9 -0.9
DISV Dimensional International Small Cap Value ETF 0.8 42 -17 8.8 +2.9
IEUS iShares MSCI Europe Small-Cap ETF 0.8 42 -17 5.8 +0.0
ICLN iShares Global Clean Energy ETF 0.7 41 -16 4.8 -1.1
SHPP Pacer Industrials and Logistics ETF 0.7 60 -35 8.5 +2.7
ANEW ProShares MSCI Transformational Changes ETF 0.7 45 -20 3.6 -2.2
IVEG iShares Emergent Food and AgTech Multisector ETF 0.6 47 -22 8.2 +2.4
BITQ Bitwise Crypto Industry Innovators ETF 0.6 85 -60 -1.5 -7.4
BLOK Amplify Transformational Data Sharing ETF 0.6 75 -50 0.9 -4.9
DWLD Davis Select Worldwide ETF 0.6 63 -38 7.0 +1.1
FPXI First Trust International Equity Opportunities ETF 0.6 70 -45 4.0 -1.8
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 0.6 49 -24 10.7 +4.9
UDI USCF Dividend Income Fund 0.6 65 -40 7.4 +1.6
PRNT 3D Printing ETF 0.6 66 -41 -1.2 -7.1
KROP Global X AgTech & Food Innovation ETF 0.6 50 -25 4.7 -1.1
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.6 68 -43 4.2 -1.6
FIDU Fidelity MSCI Industrial Index ETF 0.5 8 17 4.8 -1.1
CCSO Carbon Collective Climate Solutions US Equity ETF 0.5 35 -10 2.5 -3.3
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 0.5 61 -36 2.7 -3.1
PAWZ ProShares Pet Care ETF 0.5 50 -25 3.6 -2.3
CGV Conductor Global Equity Value ETF 0.5 130 -105 10.5 +4.7
ABEQ Absolute Select Value ETF 0.5 85 -60 4.6 -1.3
ICAP InfraCap Equity Income Fund ETF 0.5 171 -146 6.5 +0.7
DIVY Sound Equity Dividend Income ETF 0.5 45 -20 10.6 +4.8
FTWO Strive FAANG 2.0 ETF 0.5 49 -24 5.2 -0.6
AIQ Global X Artificial Intelligence & Technology ETF 0.5 68 -43 4.0 -1.8
IVES Wedbush ETFMG Global Cloud Technology ETF 0.5 68 -43 1.6 -4.3
IDAT iShares Future Cloud 5G and Tech ETF 0.5 47 -22 4.4 -1.5
SRVR Pacer Data & Infrastructure Real Estate ETF 0.5 55 -30 2.0 -3.8
RSHO Tema American Reshoring ETF 0.5 75 -50 3.6 -2.3
EINC VanEck Energy Income ETF 0.5 48 -23 4.6 -1.2
CANC Tema Oncology ETF 0.5 75 -50 -4.1 -9.9
AMID Argent Mid Cap ETF Argent Mid Cap ETF 0.5 52 -27 6.8 +0.9
BUG Global X Cybersecurity ETF 0.5 51 -26 2.2 -3.7
CIBR First Trust NASDAQ Cybersecurity ETF 0.5 60 -35 4.2 -1.6
EIS iShares MSCI Israel ETF 0.5 58 -33 8.6 +2.8
FITE SPDR S&P Kensho Future Security ETF 0.5 45 -20 2.4 -3.4
HACK ETFMG Prime Cyber Security ETFMG Prime Cyber Security Fund 0.5 60 -35 3.8 -2.1
IHAK iShares Cybersecurity & Tech ETF 0.5 47 -22 3.2 -2.6
ISRA VanEck Israel ETF 0.5 59 -34 8.1 +2.3
ITEQ BlueStar Israel Technology ETF 0.5 75 -50 1.4 -4.4
IZRL ARK Israel Innovative Technology ETF 0.5 49 -24 2.1 -3.7
JOET Virtus Terranova US Quality Momentum ETF 0.5 29 -4 5.2 -0.6
LGLV SPDR SSGA US Large Cap Low Volatility Index ETF 0.5 12 13 5.6 -0.3
MVPS Amplify Thematic All-Stars ETF 0.5 49 -24 3.1 -2.8
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 0.5 20 5 5.6 -0.3
QQQJ Invesco NASDAQ Next Gen 100 ETF 0.5 15 10 4.7 -1.2
QQQN VictoryShares Nasdaq Next 50 ETF 0.5 18 7 4.4 -1.5
WCBR WisdomTree Cybersecurity Fund 0.5 45 -20 2.0 -3.8
XITK SPDR FactSet Innovative Technology ETF 0.5 45 -20 2.7 -3.1
PRAY FIS Christian Stock Fund 0.5 69 -44 6.0 +0.1
SPAM Themes Cybersecurity ETF 0.5 35 -10 2.0 -3.8
CLOD Themes Cloud Computing ETF 0.5 35 -10 3.7 -2.1
PBD Invesco Global Clean Energy ETF 0.5 75 -50 -7.0 -12.8
EWH iShares MSCI Hong Kong ETF 0.5 50 -25 7.0 +1.1
FDVV Fidelity High Dividend ETF 0.5 15 10 9.0 +3.1
GDOC Goldman Sachs Future Health Care Equity ETF 0.5 75 -50 3.4 -2.5
MJ ETFMG Alternative Harvest 0.5 75 -50 -35.1 -41.0
TOKE Cambria Cannabis ETF 0.5 42 -17 2.2 -3.7
SUPL ProShares Supply Chain Logistics ETF 0.5 58 -33 14.1 +8.3
FTRI First Trust Indxx Global Natural Resources Income ETF 0.5 70 -45 10.0 +4.1
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.5 45 -20 -0.5 -6.3
HAP VanEck Natural Resources ETF 0.5 50 -25 10.0 +4.2
TEMP JPMorgan Climate Change Solutions ETF 0.5 49 -24 5.3 -0.6
FBCV Fidelity Blue Chip Value ETF 0.5 59 -34 7.3 +1.4
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 0.5 58 -33 5.0 -0.9
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.5 35 -10 5.1 -0.7
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 0.5 60 -35 5.5 -0.3
MOO VanEck Agribusiness ETF 0.5 53 -28 9.6 +3.8
VEGI iShares MSCI Agriculture Producers ETF 0.5 39 -14 9.5 +3.6
INCE Franklin Income Equity Focus ETF 0.5 29 -4 5.7 -0.1
VRAI Virtus Real Asset Income ETF 0.5 55 -30 8.3 +2.4
CGDV Capital Group Dividend Value ETF 0.5 33 -8 5.7 -0.1
EIRL iShares MSCI Ireland ETF 0.5 50 -25 5.7 -0.1
HDRO Defiance Next Gen H2 ETF 0.5 30 -5 -13.0 -18.8
HJEN Direxion Hydrogen ETF 0.5 45 -20 -6.7 -12.6
NETZ TCW Transform Systems ETF 0.5 75 -50 3.8 -2.0
SYNB Putnam BioRevolution ETF 0.5 70 -45 2.9 -3.0
BETZ Roundhill Sports Betting & iGaming ETF 0.5 75 -50 1.8 -4.0
BJK VanEck Gaming ETF 0.5 65 -40 1.9 -4.0
EBLU Ecofin Global Water ESG Fund 0.5 40 -15 3.9 -1.9
PIO Invesco Global Water ETF 0.5 75 -50 5.8 +0.0
IWTR iShares MSCI Water Management Multisector ETF 0.5 47 -22 4.9 -0.9
QLC FlexShares US Quality Large Cap Index Fund 0.5 25 0 5.6 -0.3
NBCC Neuberger Berman Next Generation Connected Consumer ETF 0.4 56 -31 1.3 -4.5
LUX Tema Luxury ETF 0.4 75 -50 3.9 -2.0
RITA ETFB Green SRI REITs ETF 0.4 50 -25 5.1 -0.7
SNSR Global X Internet of Things ETF 0.4 68 -43 4.3 -1.6
CARZ First Trust NASDAQ Global Auto Index Fund 0.4 70 -45 2.9 -2.9
RNRG Global X Renewable Energy Producers ETF 0.4 66 -41 4.6 -1.2
FDRR Fidelity Dividend ETF for Rising Rates 0.4 15 10 7.7 +1.9
ARKX ARK Space Exploration & Innovation ETF 0.4 75 -50 2.2 -3.6
UFO Procure Space ETF 0.4 75 -50 -1.1 -6.9
OGIG ALPS O'Shares Global Internet Giants ETF 0.4 48 -23 0.6 -5.2
AVDV Avantis International Small Cap Value ETF 0.3 36 -11 7.7 +1.9
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.3 75 -50 4.3 -1.5
GVLU Gotham 1000 Value ETF 0.3 50 -25 7.6 +1.8
ONEQ Fidelity Nasdaq Composite Index ETF 0.3 21 4 4.0 -1.8
QQMG Invesco ESG NASDAQ 100 ETF 0.3 20 5 4.8 -1.0
IBLC iShares Blockchain and Tech ETF 0.3 47 -22 -0.9 -6.7
DFJ WisdomTree Japan SmallCap Dividend Fund 0.3 58 -33 7.3 +1.4
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 0.2 58 -33 7.5 +1.7
FFLC Fidelity Fundamental Large Cap Core ETF 0.2 38 -13 5.1 -0.7
QQQ Invesco QQQ Trust Series I 0.2 20 5 4.7 -1.1
QQQM Invesco NASDAQ 100 ETF 0.2 15 10 4.8 -1.1
FMIL Fidelity New Millennium ETF 0.2 59 -34 4.6 -1.2
ISCF iShares International SmallCap Equity Factor ETF 0.2 23 2 8.7 +2.9
DLS WisdomTree International SmallCap Dividend Fund 0.2 58 -33 8.4 +2.6
IXN iShares Global Tech ETF 0.1 41 -16 4.3 -1.5
KOMP SPDR S&P Kensho New Economies Composite ETF 0.1 20 5 1.1 -4.7
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.1 7 18 5.2 -0.6
ROUS Hartford Multifactor US Equity ETF 0.1 19 6 6.9 +1.1
PBUS Invesco MSCI USA ETF 0.1 4 21 5.2 -0.6
VYM Vanguard High Dividend Yield Index ETF 0.1 6 19 7.1 +1.3
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.1 32 -7 5.0 -0.8
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 16 5.1 -0.7
KRUZ Unusual Whales Subversive Republican Trading ETF 0.1 75 -50 5.7 -0.2
IUS Invesco RAFI Strategic US ETF 0.1 19 6 7.2 +1.4
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 -14 7.1 +1.3
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 0 7.1 +1.2
APIE ActivePassive International Equity ETF 0.1 45 -20 7.6 +1.7
FNDB Schwab Fundamental US Broad Market Index ETF 0.1 25 0 7.0 +1.1
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.0 33 -8 7.1 +1.3
AVUS Avantis U.S. Equity ETF 0.0 15 10 5.9 +0.1
NANC Unusual Whales Subversive Democratic Trading ETF 0.0 75 -50 3.9 -1.9
GWX SPDR S&P International Small Cap ETF 0.0 40 -15 6.2 +0.4

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:		 Invesco S&P International Developed Low Volatility 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 10.1 %
Divided by: Fwd. P/BV 1.7 x
Less: Expense ratio 25 bp
Equals: ALTAR Score 5.8 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.67 CATEGORY
AVERAGE		 1.61
 
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.