VanEck Indonesia Index ETF
ALTAR
Score™		 9.8% info Recommen-
dation		 OVERWEIGHT
2025E    2026E
P/E
ratio		 9.9x P/Sales
ratio		 1.0x
P/BV
ratio		 1.2x Div.
yield		 6.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
VanEck Vectors Indonesia Index ETF is an exchange traded fund incorporated in the USA. The Fund's objective is to replicate as closely as possible the price and yield performance of the VanEck Vectors Indonesia Index.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Van Eck Associates Corp
Website www.vaneck.com
Inception date Jan 15, 2009
Assets (mns) $31
Currency USD
Expense ratio 57 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 69
Wgt avg mkt cap (mns) $14,545
Large cap (>$10bn) 47.6%
Mid cap ($2-10bn) 36.7%
Small cap (<$2bn) 15.7%
Developed mkts 4.8%
Emerging mkts 95.2%

TOP TEN HOLDINGS
BANK CENTRAL ASIA PT 8.5 %
BANK RAKYAT INDONESIA 8.4 %
PT TELEKOMUNIKASI INDONESIA (PERSE 7.8 %
BANK MANDIRI TBK 7.5 %
ASTRA INTERNATIONAL TBK PT 5.6 %
BANK NEGARA INDONESIA PT 3.0 %
BARITO RENEWABLE 3.0 %
BARITO PACIFIC TBK PT 2.9 %
PT GOTO GOJEK TOKOPEDIA TBK 2.8 %
PT AMMAN MINERAL INTERNASIONAL TBK 2.7 %
Total 52.3 %

TOP COUNTRY EXPOSURE
INDONESIA 82.9 %
SINGAPORE 3.3 %
HONG KONG 1.8 %
THAILAND 1.7 %
AUSTRALIA 1.6 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru April 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-21.1% -0.8% -4.7% -2.2% 5.1%

Market Correlations
versus... Beta R-squared
S&P500 0.49 7%
MSCI EAFE 0.68 17%
MSCI Emg. Mkts. 0.48 14%

Technical Indicators
Recent close $10.97
30d moving avg. $12.61
Annualized volatility 18.2%
Short interest (ETF) 0.5%
Relative strength (RSI) 28

Liquidity measures
Avg. volume (thou.) 112
Turnover 4.0%
Bid/Ask (% of price) 0.55%
ADV underlying (mns) $151

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 194 potential alternatives to the VanEck Indonesia Index ETF ETF based on the alternatives' overlap in portfolio holdings with IDX. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IDX Expense: 57 bp ALTAR Score™: 9.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IDX
Ticker Fund
Name		 Overlap1
vs IDX
(%)		 Expense
ratio
(bp)		 Savings
vs IDX
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs IDX
(%)
JIVE JPMorgan International Value ETF 9.6 55 2 8.1 -1.7
ASEA Global X FTSE Southeast Asia ETF 8.2 65 -8 5.4 -4.4
DVYE iShares Emerging Markets Dividend ETF 8.2 49 8 17.2 +7.4
EDOG ALPS Emerging Sector Dividend Dogs ETF 6.1 60 -3 10.3 +0.5
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 4.2 80 -23 11.5 +1.7
PID Invesco International Dividend Achievers ETF 3.8 53 4 4.0 -5.8
SDEM Global X MSCI SuperDividend Emerging Markets ETF 3.8 67 -10 12.3 +2.5
NIKL Sprott Nickel Miners ETF 3.5 75 -18 7.8 -2.0
GOEX Global X Gold Explorers ETF 3.4 65 -8 2.1 -7.7
OBOR KraneShares MSCI One Belt One Road Index ETF 3.3 79 -22 7.2 -2.6
XC WisdomTree Emerging Markets Ex-China Fund 3.0 32 25 6.4 -3.4
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 2.6 69 -12 6.9 -3.0
FEM First Trust Emerging Markets AlphaDEX Fund 2.6 80 -23 8.4 -1.4
CGV Conductor Global Equity Value ETF 2.2 130 -73 7.3 -2.5
ECOW Pacer Emerging Markets Cash Cows 100 ETF 2.2 70 -13 9.1 -0.7
ADIV SmartETFs Asia Pacific Dividend Builder ETF 2.2 78 -21 9.3 -0.5
IPOS Renaissance International IPO ETF 2.2 80 -23 0.0 -9.8
IQDF FlexShares International Quality Dividend Index Fund 2.1 47 10 7.3 -2.5
DEM WisdomTree Emerging Markets High Dividend Fund 2.1 63 -6 9.8 +0.0
ROAM Hartford Multifactor Emerging Markets ETF 2.1 44 13 7.0 -2.9
SDIV Global X Superdividend ETF 2.1 58 -1 13.4 +3.6
ION ProShares S&P Global Core Battery Metals ETF 1.9 58 -1 5.2 -4.7
VIDI Vident International Equity Strategy ETF 1.9 61 -4 7.6 -2.2
RNRG Global X Renewable Energy Producers ETF 1.8 66 -9 4.1 -5.7
WWJD Inspire International ETF 1.8 80 -23 6.2 -3.6
EMMF WisdomTree Emerging Markets Multifactor Fund 1.7 48 9 7.7 -2.2
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 1.7 58 -1 8.0 -1.9
UEVM VictoryShares Emerging Markets Value Momentum ETF 1.7 45 12 9.3 -0.5
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 1.5 90 -33 3.4 -6.5
RNEM First Trust Emerging Markets Equity Select ETF 1.5 75 -18 8.1 -1.7
JADE JPMorgan Active Developing Markets Equity ETF 1.5 65 -8 5.6 -4.2
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 1.4 44 13 9.2 -0.6
SETM Sprott Energy Transition Materials ETF 1.4 65 -8 1.4 -8.4
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 1.4 86 -29 0.3 -9.6
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 1.3 59 -2 7.9 -2.0
EEMS iShares MSCI Emerging Markets Small Cap ETF 1.3 70 -13 6.0 -3.8
AVXC Avantis Emerging Markets Ex-China Equity ETF 1.3 33 24 5.6 -4.3
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.3 47 10 7.0 -2.9
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 1.1 24 33 4.8 -5.1
CUT Invesco MSCI Global Timber ETF 1.1 61 -4 8.6 -1.2
XCNY SPDR S&P Emerging Markets ex-China ETF 1.1 15 42 5.4 -4.4
AVES Avantis Emerging Markets Value ETF 1.1 36 21 8.3 -1.5
MOO VanEck Agribusiness ETF 1.0 53 4 9.1 -0.7
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 1.0 39 18 13.1 +3.3
CARZ First Trust NASDAQ Global Auto Index Fund 1.0 70 -13 2.0 -7.8
GMF SPDR S&P Emerging Asia Pacific ETF 0.9 49 8 8.3 -1.6
FDEM Fidelity Emerging Markets Multifactor ETF 0.9 25 32 9.6 -0.2
PXH Invesco FTSE RAFI Emerging Markets ETF 0.9 49 8 12.9 +3.1
GMET VanEck Green Metals ETF 0.9 63 -6 0.5 -9.3
AVEM Avantis Emerging Markets Equity ETF 0.9 33 24 6.5 -3.4
VEGI iShares MSCI Agriculture Producers ETF 0.9 39 18 7.7 -2.2
VEXC Vanguard Emerging Markets Ex-China ETF 0.9 7 50 5.5 -4.4
THD iShares MSCI Thailand ETF 0.9 58 -1 0.0 -9.8
BLES Inspire Global Hope ETF 0.9 61 -4 5.7 -4.2
ICPY Tweedy, Browne International Insider Value ETF 0.9 80 -23 21.2 +11.3
GDX VanEck Gold Miners ETF 0.8 51 6 2.8 -7.0
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 0.8 88 -31 8.4 -1.4
DVYA iShares Asia/Pacific Dividend ETF 0.8 49 8 6.9 -3.0
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.8 45 12 -0.9 -10.8
JHEM John Hancock Multifactor Emerging Markets ETF 0.8 49 8 6.9 -2.9
XCEM Columbia EM Core ex-China ETF 0.8 16 41 4.5 -5.4
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.8 32 25 6.8 -3.0
DEXC Dimensional Emerging Markets ex China Core EquityETF 0.8 53 4 4.6 -5.2
GVAL Cambria Global Value ETF 0.8 68 -11 8.7 -1.1
BINV Brandes International ETF 0.8 70 -13 8.5 -1.3
SPEM SPDR Portfolio Emerging Markets ETF 0.8 7 50 9.1 -0.8
FRDM Freedom 100 Emerging Markets ETF 0.7 49 8 4.7 -5.1
COPY Tweedy, Browne Insider + Value ETF 0.7 80 -23 14.7 +4.9
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.7 33 24 6.2 -3.6
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.7 36 21 7.0 -2.9
EMXF iShares ESG Advanced MSCI EM ETF 0.7 16 41 6.3 -3.5
FLAX Franklin FTSE Asia Ex Japan ETF 0.7 19 38 6.5 -3.3
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 0.7 32 25 4.4 -5.4
BKEM BNY Mellon Emerging Markets Equity ETF 0.7 11 46 7.3 -2.6
GDXJ VanEck Junior Gold Miners ETF 0.7 52 5 2.8 -7.1
ICOP iShares Copper and Metals Mining ETF 0.7 47 10 5.1 -4.8
EDIV SPDR S&P Emerging Markets Dividend ETF 0.7 49 8 8.9 -1.0
AVSE Avantis Responsible Emerging Markets Equity ETF 0.7 33 24 6.1 -3.7
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.7 15 42 7.4 -2.5
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.7 42 15 7.2 -2.7
VWO Vanguard FTSE Emerging Markets ETF 0.7 7 50 8.8 -1.0
ECON Columbia Emerging Markets Consumer ETF 0.7 49 8 6.0 -3.8
EEMA iShares MSCI Emerging Markets Asia ETF 0.6 49 8 6.9 -2.9
SCHE Schwab Emerging Markets Equity ETF 0.6 11 46 9.1 -0.7
DFEV Dimensional Emerging Markets Value ETF 0.6 43 14 8.7 -1.1
EVLU iShares MSCI Emerging Markets Value Factor ETF 0.6 35 22 9.5 -0.4
EMGF iShares Emerging Markets Equity Factor ETF 0.6 25 32 8.1 -1.7
EMXC iShares MSCI Emerging Markets ex China ETF 0.6 25 32 4.6 -5.3
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.6 66 -9 6.6 -3.3
EWX SPDR S&P Emerging Markets Small Cap ETF 0.6 65 -8 6.1 -3.7
FTRI First Trust Indxx Global Natural Resources Income ETF 0.6 70 -13 6.5 -3.3
IEMG iShares Core MSCI Emerging Markets ETF 0.6 9 48 7.5 -2.3
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.5 38 19 6.4 -3.4
WOOD iShares Global Timber & Forestry ETF 0.5 42 15 11.6 +1.8
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.5 72 -15 1.9 -7.9
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.5 30 27 7.2 -2.7
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.5 80 -23 8.8 -1.0
DFAE Dimensional Emerging Core Equity Market ETF 0.5 35 22 6.4 -3.4
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.5 15 42 8.2 -1.6
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.5 70 -13 6.3 -3.6
EEM iShares MSCI Emerging Markets ETF 0.5 69 -12 7.1 -2.7
AFK VanEck Africa Index ETF 0.5 98 -41 10.6 +0.8
DLS WisdomTree International SmallCap Dividend Fund 0.5 58 -1 7.3 -2.5
IDLV Invesco S&P International Developed Low Volatility ETF 0.5 25 32 6.4 -3.4
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.5 46 11 7.5 -2.3
STXE Strive Emerging Markets Ex-China ETF 0.5 32 25 4.7 -5.1
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.4 50 7 7.4 -2.5
EEMO Invesco S&P Emerging Markets Momentum ETF 0.4 29 28 5.7 -4.2
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 0.4 30 27 7.3 -2.5
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 0.4 95 -38 9.4 -0.4
DEHP Dimensional Emerging Markets High Profitability ETF 0.4 41 16 4.3 -5.5
RING iShares MSCI Global Gold Miners ETF 0.4 39 18 3.4 -6.5
IGRO iShares International Dividend Growth ETF 0.4 15 42 6.7 -3.1
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.4 45 12 7.4 -2.4
EYLD Cambria Emerging Shareholder Yield ETF 0.4 66 -9 8.7 -1.2
RCGE RockCreek Global Equality ETF 0.4 95 -38 6.1 -3.8
AVDS Avantis International Small Cap Equity ETF 0.4 30 27 5.8 -4.0
CGXU Capital Group International Focus Equity ETF 0.4 54 3 3.5 -6.3
AVDV Avantis International Small Cap Value ETF 0.4 36 21 7.5 -2.4
ESGE iShares ESG Aware MSCI EM ETF 0.4 25 32 7.6 -2.2
NUEM Nuveen ESG Emerging Markets Equity ETF 0.4 36 21 5.6 -4.2
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.4 86 -29 12.7 +2.9
PICK iShares MSCI Global Metals & Mining Producers ETF 0.4 39 18 7.3 -2.5
SCHY Schwab International Dividend Equity ETF 0.3 14 43 8.4 -1.5
ISCF iShares International SmallCap Equity Factor ETF 0.3 23 34 7.1 -2.7
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.3 8 49 6.1 -3.7
VIGI Vanguard International Dividend Appreciation ETF 0.3 10 47 6.0 -3.8
VYMI Vanguard International High Dividend Yield ETF 0.3 17 40 7.9 -1.9
FEOE First Eagle Overseas Equity ETF 0.3 79 -22 6.0 -3.8
DISV Dimensional International Small Cap Value ETF 0.3 42 15 8.0 -1.9
ICLN iShares Global Clean Energy ETF 0.3 41 16 1.5 -8.3
DTH WisdomTree International High Dividend Fund 0.2 58 -1 7.2 -2.6
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.2 18 39 6.1 -3.7
FNDC Schwab Fundamental International Small Co. Index ETF 0.2 39 18 6.6 -3.2
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.2 30 27 6.1 -3.7
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.2 41 16 5.8 -4.0
IXUS iShares Core MSCI Total International Stock ETF 0.2 7 50 6.3 -3.5
VSGX Vanguard ESG International Stock ETF 0.2 10 47 6.3 -3.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.2 39 18 6.9 -3.0
VXUS Vanguard Total International Stock ETF 0.2 5 52 6.4 -3.4
ACWV iShares MSCI Global Min Vol Factor ETF 0.2 20 37 5.7 -4.2
VEU Vanguard FTSE All-World ex-US Index Fund 0.2 4 53 6.5 -3.4
JPIN J.P. Morgan Diversified Return International Equity ETF 0.2 37 20 6.9 -2.9
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.2 49 8 5.9 -3.9
CWI SPDR MSCI ACWI ex-US ETF 0.2 30 27 6.3 -3.6
GCOW Pacer Global Cash Cows Dividend ETF 0.2 60 -3 9.2 -0.7
GLOF iShares Global Equity Factor ETF 0.2 20 37 5.4 -4.5
ACWX iShares MSCI ACWI ex U.S. ETF 0.2 34 23 6.1 -3.7
SCZ iShares MSCI EAFE Small-Cap ETF 0.1 40 17 6.0 -3.9
SCHC Schwab International Small-Cap Equity ETF 0.1 11 46 6.4 -3.4
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.1 24 33 6.8 -3.1
HAP VanEck Natural Resources ETF 0.1 50 7 6.6 -3.2
LDEM iShares ESG MSCI EM Leaders ETF 0.1 17 40 12.1 +2.2
DXIV Dimensional International Vector Equity ETF 0.1 34 23 6.5 -3.4
DFIS Dimensional International Small Cap ETF 0.1 39 18 6.0 -3.9
DIM WisdomTree International MidCap Dividend Fund 0.1 58 -1 6.2 -3.6
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.1 50 7 4.2 -5.6
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.1 41 16 6.4 -3.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 48 4.7 -5.1
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.1 19 38 5.3 -4.5
VT Vanguard Total World Stock ETF 0.1 6 51 4.8 -5.0
AQLT iShares MSCI Global Quality Factor ETF 0.1 18 39 0.0 -9.8
IPAC iShares Core MSCI Pacific ETF 0.1 9 48 5.4 -4.4
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.1 39 18 6.1 -3.7
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.1 10 47 8.4 -1.4
ACWI iShares MSCI ACWI ETF 0.1 32 25 4.5 -5.3
VPL Vanguard FTSE Pacific ETF 0.1 7 50 4.9 -4.9
APIE ActivePassive International Equity ETF 0.1 45 12 6.3 -3.5
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.1 12 45 8.5 -1.3
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 0.1 25 32 5.8 -4.1
INEQ Columbia International Equity Income ETF 0.1 45 12 7.7 -2.1
DEW WisdomTree Global High Dividend Fund 0.1 58 -1 7.3 -2.5
WSML iShares MSCI World Small-Cap ETF 0.0 15 42 5.2 -4.6
DFIC Dimensional International Core Equity 2 ETF 0.0 23 34 6.1 -3.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.0 20 37 4.6 -5.3
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.0 12 45 4.3 -5.5
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.0 42 15 4.0 -5.9
AVDE Avantis International Equity ETF 0.0 23 34 6.1 -3.7
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.0 40 17 5.6 -4.2
DFAI Dimensional International Core Equity Market ETF 0.0 18 39 6.0 -3.9
XT iShares Exponential Technologies ETF 0.0 46 11 3.7 -6.2
VEA Vanguard FTSE Developed Markets ETF 0.0 3 54 5.7 -4.1
IEFA iShares Core MSCI EAFE ETF 0.0 7 50 5.9 -3.9
FNDF Schwab Fundamental International Large Co. Index ETF 0.0 25 32 7.1 -2.7
DWM WisdomTree International Equity Fund 0.0 48 9 5.5 -4.3
JSTC Adasina Social Justice All Cap Global ETF 0.0 89 -32 4.2 -5.6
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 53 5.9 -3.9
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 54 5.6 -4.2
BKIE BNY Mellon International Equity ETF 0.0 4 53 5.9 -3.9
GSID Goldman Sachs MarketBeta International Equity ETF 0.0 20 37 5.8 -4.1
JHMD John Hancock Multifactor Developed International ETF 0.0 39 18 6.1 -3.7
SCHF Schwab International Equity ETF 0.0 6 51 5.7 -4.1
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 12 6.5 -3.4
AVIV Avantis International Large Cap Value ETF 0.0 25 32 6.8 -3.0

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

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RESULTS & ESTIMATES

  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:		 VanEck Indonesia Index 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 11.9 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 57 bp
Equals: ALTAR Score 9.8 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.59 CATEGORY
AVERAGE		 1.52
 
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.