Pacific Global International Equity Income ETF
ALTAR
Score™
7.9% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
16.9x P/Sales
ratio
1.0x
P/BV
ratio
1.2x Div.
yield
4.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
IDY invests in an actively managed portfolio of equities from Developed Ex-US countries with above average dividend yields.

FUND BASICS
Category International Equities
Fund Sponsor Pacific Global ETF
Website www.pacificglobaletfs.com
Inception date Oct 23, 2019
Assets (mns) $24
Currency USD
Expense ratio 39 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Proprietary
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 410
Wgt avg mkt cap (mns) $56,662
Large cap (>$10bn) 83.4%
Mid cap ($2-10bn) 16.6%
Small cap (<$2bn) 0.0%
Developed mkts 99.9%
Emerging mkts 0.1%

TOP TEN HOLDINGS
NOVARTIS AG-REG 2.3 %
ROCHE HOLDING AG-GENUSSCHEIN 2.3 %
GLAXOSMITHKLINE PLC 1.8 %
SANOFI-AVENTIS 1.7 %
RIO TINTO PLC 1.7 %
BRITISH AMERICAN TOBACCO PLC 1.7 %
ABB LTD. 1.7 %
BP PLC 1.5 %
BHP BILLITON LTD 1.4 %
TOYOTA MOTOR CORP 1.4 %
Total 17.6 %

TOP COUNTRY EXPOSURE
JAPAN 25.7 %
BRITAIN 15.5 %
SWITZERLAND 11.8 %
FRANCE 8.7 %
AUSTRALIA 7.8 %
GERMANY 6.2 %
HONG KONG 4.3 %
NETHERLANDS 3.1 %
DENMARK 2.4 %
SPAIN 2.4 %

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.
-14.3% -- -- -- -10.5%

Market Correlations
versus... Beta R-squared
S&P500 -- --
MSCI EAFE -- --
MSCI Emg. Mkts. -- --

Technical Indicators
Recent close $22.64
30d moving avg. $22.46
Annualized volatility 0.0%
Short interest (ETF) 0.0%
Relative strength (RSI) 54

Liquidity measures
Avg. volume (thou.) 0
Turnover 0.0%
Bid/Ask (% of price) 0.19%
ADV underlying (mns) $38,809

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 potential alternatives to the Pacific Global International Equity Income ETF ETF based on the alternatives' overlap in portfolio holdings with IDY. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IDY Expense: 39 bp ALTAR Score™: 7.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IDY
Ticker Fund
Name
Overlap1
vs IDY
(%)
Expense
ratio
(bp)
Savings
vs IDY
(bp)
ALTAR
Score™
(%)
ALTAR
vs IDY
(%)
EFV iShares MSCI EAFE Value ETF 59.6 39 0 9.4 +1.5
DOL WisdomTree International LargeCap Dividend Fund 53.5 48 -9 8.4 +0.5
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 51.4 35 4 8.4 +0.5
DWM WisdomTree International Equity Fund 50.6 48 -9 8.2 +0.2
DTH WisdomTree DEFA Equity Income Fund 47.5 58 -19 9.6 +1.7
FNDF Schwab Fundamental International Large Co. Index ETF 46.1 25 14 8.7 +0.8
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 45.2 45 -6 8.8 +0.8
EFA iShares MSCI EAFE ETF 44.8 32 7 7.0 -1.0
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 44.3 35 4 6.9 -1.1
JHMD John Hancock Multifactor Developed International ETF 44.3 39 0 7.4 -0.6
GSID Goldman Sachs MarketBeta International Equity ETF 44.0 20 19 7.3 -0.7
HFXI IQ 50 Percent Hedged FTSE International ETF 42.8 20 19 7.4 -0.5
VYMI Vanguard International High Dividend Yield ETF 42.1 32 7 10.1 +2.1
BKIE BNY Mellon International Equity ETF 42.0 4 35 7.4 -0.6
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 41.5 14 25 6.9 -1.1
IVLU iShares Edge MSCI Intl Value Factor ETF 41.1 30 9 11.3 +3.3
ISDX Invesco Strategic Developed ex-US ETF 41.1 23 16 7.5 -0.5
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 41.0 20 19 7.0 -0.9
ESGD iShares MSCI EAFE ESG Optimized ETF 40.8 20 19 6.9 -1.1
IQSI IQ Candriam ESG International Equity ETF 40.7 15 24 7.2 -0.7
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 40.6 7 32 7.5 -0.5
QEFA SPDR MSCI EAFE Quality Mix ETF 40.5 30 9 6.8 -1.1
IEV iShares Europe ETF 40.4 59 -20 6.7 -1.3
DBEU Xtrackers MSCI Europe Hedged Equity ETF 40.0 45 -6 6.5 -1.4
BBEU JPMorgan BetaBuilders Europe ETF 39.8 9 30 7.2 -0.7
FLEH Franklin FTSE Europe Hedged ETF 39.6 9 30 7.0 -0.9
HFXE IQ 50 PERCENT HEDGED FTSE EUROPE ETF 39.4 30 9 6.7 -1.2
FLEE Franklin FTSE Europe ETF 39.3 9 30 6.9 -1.1
IEFA iShares Core MSCI EAFE ETF 38.8 7 32 7.3 -0.7
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 38.3 35 4 6.8 -1.1
PDEV Principal International Multi-Factor Core Index ETF 38.1 25 14 7.9 -0.1
IQIN IQ 500 International ETF 38.1 25 14 8.8 +0.9
SCHF Schwab International Equity ETF 37.7 6 33 7.3 -0.6
IEUR iShares Core MSCI Europe ETF 36.6 9 30 7.1 -0.8
VGK Vanguard FTSE Europe ETF 35.5 8 31 7.3 -0.6
IDEV iShares Core MSCI International Developed Markets ETF 35.5 5 34 7.2 -0.7
DOO WisdomTree International Dividend ex-Financials Fund 35.3 58 -19 8.7 +0.7
SPDW SPDR Portfolio Developed World ex-US ETF 35.2 4 35 7.1 -0.8
FEU SPDR Portfolio Europe ETF 35.1 9 30 7.2 -0.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 33.6 39 0 6.6 -1.4
GSIE Goldman Sachs ActiveBeta International Equity ETF 33.5 25 14 6.6 -1.4
OEUR O'shares FTSE Europe Quality Dividend ETF 33.5 48 -9 6.5 -1.5
VEA Vanguard FTSE Developed Markets ETF 33.4 5 34 7.4 -0.5
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 33.3 25 14 6.4 -1.5
IPAC iShares Core MSCI Pacific ETF 33.2 9 30 7.4 -0.6
DHDG WisdomTree Dynamic Currency Hedged Intl Quality Div Growth 32.2 30 9 0.0 -7.9
FIVA Fidelity International Value Factor ETF 31.3 39 0 10.0 +2.0
CWI SPDR MSCI ACWI ex-US ETF 31.2 30 9 7.1 -0.8
PQIN PGIM QMA Strategic Alpha International Equity ETF 30.9 29 10 7.6 -0.3
ISZE iShares Edge MSCI Intl Size Factor ETF 30.8 30 9 7.4 -0.6
HDAW Xtrackers MSCI All World ex US High Dividend Yield Hedged 30.6 20 19 10.9 +3.0
VPL Vanguard FTSE Pacific ETF 30.1 8 31 7.7 -0.2
ACWX iShares MSCI ACWI ex U.S. ETF 29.4 32 7 7.2 -0.7
ACSG Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF 29.3 16 23 6.8 -1.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 28.9 40 -1 7.0 -0.9
CIL VictoryShares International Volatility Weighted Index ETF 28.9 45 -6 6.7 -1.3
HDEF Xtrackers MSCI EAFE High Dividend Yield Hedged Equity ETF 28.4 20 19 9.4 +1.4
VEU Vanguard FTSE All-World ex-US Index Fund 28.3 8 31 7.5 -0.4
RODM Hartford Multifactor Developed Markets (ex-US) ETF 27.2 29 10 8.6 +0.7
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 27.0 39 0 8.4 +0.4
IQLT iShares Edge MSCI Intl Quality Factor ETF 25.9 30 9 6.0 -2.0
EFAV iShares Edge MSCI Min Vol EAFE ETF 25.8 20 19 5.5 -2.5
IXUS ishares Core MSCI Total International Stock ETF 25.5 9 30 7.3 -0.6
DBJP Xtrackers MSCI Japan Hedged Equity ETF 25.5 45 -6 7.3 -0.7
EWJ iShares MSCI Japan ETF 25.5 49 -10 7.2 -0.8
BBJP JPMorgan BetaBuilders Japan ETF 25.5 19 20 7.5 -0.4
JPIN JPMorgan Diversified Return International Equity ETF 25.4 37 2 8.0 +0.0
RNDM Developed International Equity Select ETF 25.4 65 -26 6.3 -1.6
VXUS Vanguard Total International Stock Index Fund 25.3 8 31 7.5 -0.4
HFXJ IQ 50 Percent Hedged FTSE Japan ETF 25.1 30 9 7.5 -0.5
FLJP Franklin FTSE Japan ETF 25.1 9 30 7.7 -0.3
FLJH Franklin FTSE Japan Hedged ETF 25.1 9 30 7.7 -0.2
QJPN SPDR MSCI Japan StrategicFactors ETF 25.0 14 25 7.7 -0.2
JPGE JPMorgan Diversified Return Global Equity ETF 24.8 29 10 7.5 -0.5
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 24.1 24 15 7.2 -0.7
EURZ Xtrackers Eurozone Equity ETF 23.9 9 30 6.9 -1.0
IQDF FlexShares International Quality Dividend Index Fund 23.8 47 -8 12.2 +4.3
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 23.7 25 14 7.3 -0.7
JPN Xtrackers Japan JPX-Nikkei 400 Equity ETF 23.6 9 30 7.7 -0.2
JPXN iShares JPX-Nikkei 400 ETF 23.6 48 -9 7.4 -0.6
EZU iShares MSCI Eurozone ETF 23.6 49 -10 6.5 -1.5
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 23.6 45 -6 6.7 -1.3
RFDI First Trust Riverfront Dynamic Developed International ETF 23.4 83 -44 5.6 -2.4
JPEU JPMorgan Diversified Return Europe Equity ETF 23.4 37 2 7.0 -0.9
IDLV Invesco S&P International Developed Low Volatility ETF 23.0 25 14 6.7 -1.3
DWMF WisdomTree International Multifactor Fund 22.9 38 1 6.7 -1.2
TPIF Timothy Plan International ETF 22.8 62 -23 6.3 -1.7
IDHD Invesco S&P Intl Developed High Dividend Low Volatility ETF 22.7 30 9 7.4 -0.5
IGRO iShares International Dividend Growth ETF 22.6 22 17 8.0 +0.0
LVIN Hartford Multifactor Low Volatility International Equity ETF 22.5 29 10 12.1 +4.2
VSGX Vanguard ESG International Stock ETF 22.2 17 22 7.2 -0.8
UIVM VictoryShares USAA MSCI International Value Momentum ETF 22.1 35 4 8.7 +0.8
EUMV iShares Edge MSCI Min Vol Europe ETF 22.1 25 14 4.9 -3.0
IQDE FlexShares International Quality Dividend Defensive Index Fd 22.0 47 -8 12.1 +4.2
CID VictoryShares Intl High Dividend Volatility Wtd Index ETF 21.8 45 -6 9.9 +2.0
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Id 21.6 32 7 6.3 -1.6
DEW WisdomTree Global High Dividend Fund 21.5 58 -19 9.3 +1.3
QINT American Century Quality Diversified International ETF 21.3 39 0 5.7 -2.2
AVDE Avantis International Equity ETF 21.3 23 16 7.8 -0.1

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%.

Content on this tab for subscribers only**

RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
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

Content on this tab for subscribers only

VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Pacific Global International Equity Income ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL

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

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 9.9 %
Divided by: Fwd. P/BV 1.2 x
Less: Expense ratio 39 bp
Equals: ALTAR Score 7.9 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

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