Pacific Global International Equity Income ETF
ALTAR
Score™
10.8% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
10.8x P/Sales
ratio
0.7x
P/BV
ratio
0.9x Div.
yield
5.6%


  • 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 24, 2019
Assets (mns) $20
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 464
Wgt avg mkt cap (mns) $54,144
Large cap (>$10bn) 80.0%
Mid cap ($2-10bn) 19.6%
Small cap (<$2bn) 0.3%
Developed mkts 99.8%
Emerging mkts 0.2%

TOP TEN HOLDINGS
ROCHE HOLDING AG-GENUSSCHEIN 2.8 %
NOVARTIS AG-REG 2.2 %
SANOFI-AVENTIS 1.8 %
GLAXOSMITHKLINE PLC 1.7 %
BRITISH AMERICAN TOBACCO PLC 1.7 %
TOYOTA MOTOR CORP 1.7 %
NOVO NORDISK A/S-B 1.6 %
TOTAL SA 1.4 %
ASTRAZENECA PLC 1.4 %
BHP BILLITON LTD 1.4 %
Total 17.7 %

TOP COUNTRY EXPOSURE
JAPAN 26.4 %
BRITAIN 17.0 %
SWITZERLAND 11.2 %
FRANCE 8.9 %
GERMANY 7.0 %
AUSTRALIA 5.7 %
SWEDEN 2.8 %
NETHERLANDS 2.6 %
DENMARK 2.4 %
SPAIN 2.2 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-25.5% -- -- -- -22.2%

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

Technical Indicators
Recent close $19.09
30d moving avg. $20.92
Annualized volatility 0.0%
Short interest (ETF) 0.1%
Relative strength (RSI) 33

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.1%
Bid/Ask (% of price) 0.38%
ADV underlying (mns) $28,278

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™: 10.8%


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 63.9 39 0 12.4 +1.6
DOL WisdomTree International LargeCap Dividend Fund 54.1 48 -9 10.8 -0.1
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 53.8 35 4 10.8 -0.1
FNDF Schwab Fundamental International Large Co. Index ETF 53.6 25 14 11.1 +0.3
DTH WisdomTree DEFA Equity Income Fund 53.0 58 -19 12.3 +1.5
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 52.7 45 -6 11.3 +0.5
DWM WisdomTree International Equity Fund 52.4 48 -9 10.6 -0.2
EFA iShares MSCI EAFE ETF 51.4 32 7 9.0 -1.9
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 49.7 35 4 8.7 -2.2
VYMI Vanguard International High Dividend Yield ETF 49.4 32 7 12.3 +1.4
HFXI IQ 50 Percent Hedged FTSE International ETF 48.0 20 19 9.3 -1.6
JHMD John Hancock Multifactor Developed International ETF 47.7 45 -6 9.3 -1.6
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 47.5 20 19 9.0 -1.8
IEV iShares Europe ETF 47.1 59 -20 8.6 -2.2
DBEU Xtrackers MSCI Europe Hedged Equity ETF 46.6 45 -6 8.2 -2.6
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 46.6 7 32 9.5 -1.4
BBEU JPMorgan BetaBuilders Europe ETF 46.4 9 30 9.1 -1.8
HFXE IQ 50 PERCENT HEDGED FTSE EUROPE ETF 46.2 30 9 8.5 -2.3
IQIN IQ 500 International ETF 46.0 25 14 11.1 +0.3
IQSI IQ Candriam ESG International Equity ETF 46.0 15 24 9.1 -1.8
FLEE Franklin FTSE Europe ETF 46.0 9 30 8.8 -2.0
FLEH Franklin FTSE Europe Hedged ETF 45.7 9 30 8.7 -2.2
IVLU iShares Edge MSCI Intl Value Factor ETF 44.8 30 9 14.1 +3.2
ESGD iShares MSCI EAFE ESG Optimized ETF 44.7 20 19 9.0 -1.8
IEFA iShares Core MSCI EAFE ETF 44.5 7 32 9.2 -1.6
IEUR iShares Core MSCI Europe ETF 44.1 9 30 9.2 -1.7
VGK Vanguard FTSE Europe ETF 44.1 8 31 9.3 -1.5
QEFA SPDR MSCI EAFE Quality Mix ETF 43.6 30 9 8.2 -2.7
SCHF Schwab International Equity ETF 42.7 6 33 9.3 -1.5
FEU SPDR Portfolio Europe ETF 42.5 9 30 9.1 -1.7
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 42.3 14 25 8.6 -2.2
ISDX Invesco Strategic Developed ex-US ETF 41.0 23 16 9.9 -1.0
IDEV iShares Core MSCI International Developed Markets ETF 41.0 5 34 9.3 -1.6
SPDW SPDR Portfolio Developed World ex-US ETF 40.6 4 35 9.1 -1.7
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 40.3 25 14 8.3 -2.5
VEA Vanguard FTSE Developed Markets ETF 38.5 5 34 9.5 -1.4
GSIE Goldman Sachs ActiveBeta International Equity ETF 38.2 25 14 8.6 -2.3
PDEV Principal International Multi-Factor Core Index ETF 37.9 25 14 8.5 -2.3
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 37.0 39 0 8.3 -2.5
CWI SPDR MSCI ACWI ex-US ETF 36.7 30 9 9.3 -1.6
DOO WisdomTree International Dividend ex-Financials Fund 36.5 58 -19 10.9 +0.0
OEUR O'shares FTSE Europe Quality Dividend ETF 35.4 48 -9 7.6 -3.2
ACWX iShares MSCI ACWI ex U.S. ETF 34.2 32 7 9.4 -1.5
RFDI First Trust Riverfront Dynamic Developed International ETF 33.8 83 -44 7.9 -2.9
DHDG WisdomTree Dynamic Currency Hedged Intl Quality Div Growth 33.6 48 -9 0.0 -10.8
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 33.4 39 0 11.7 +0.9
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 33.0 40 -1 9.0 -1.8
VEU Vanguard FTSE All-World ex-US Index Fund 32.9 8 31 9.6 -1.2
PQIN PGIM QMA Strategic Alpha International Equity ETF 32.7 29 10 9.4 -1.4
IPAC iShares Core MSCI Pacific ETF 32.1 9 30 9.4 -1.5
ISZE iShares Edge MSCI Intl Size Factor ETF 32.0 30 9 9.1 -1.8
FIVA Fidelity International Value Factor ETF 32.0 39 0 13.1 +2.3
ACSG Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF 31.8 16 23 8.7 -2.1
CIZ Victory CEMP Developed Enhanced Volatility Weighted Index ET 30.4 45 -6 9.3 -1.6
CIL Victory CEMP International Volatility Weighted Index ETF 30.4 45 -6 9.2 -1.7
RODM Hartford Multifactor Developed Markets (ex-US) ETF 30.0 29 10 10.6 -0.2
IXUS ishares Core MSCI Total International Stock ETF 29.8 9 30 9.5 -1.4
VXUS Vanguard Total International Stock Index Fund 29.7 8 31 9.6 -1.2
RNDM Developed International Equity Select ETF 29.3 65 -26 8.1 -2.7
VPL Vanguard FTSE Pacific ETF 28.6 8 31 9.8 -1.0
RFEU First Trust Riverfront Dynamic Europe ETF 28.5 83 -44 6.3 -4.6
CID Victory CEMP Intl High Dividend Volatility Wtd Index ETF 27.4 45 -6 14.8 +3.9
VSGX Vanguard ESG International Stock ETF 27.3 17 22 9.1 -1.8
IQLT iShares Edge MSCI Intl Quality Factor ETF 27.0 30 9 7.5 -3.4
DBJP Xtrackers MSCI Japan Hedged Equity ETF 26.4 45 -6 9.6 -1.3
EWJ iShares MSCI Japan ETF 26.4 49 -10 9.5 -1.3
BBJP JPMorgan BetaBuilders Japan ETF 26.4 19 20 9.8 -1.0
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 26.1 24 15 9.1 -1.7
HFXJ IQ 50 Percent Hedged FTSE Japan ETF 25.9 30 9 9.7 -1.1
FLJP Franklin FTSE Japan ETF 25.9 9 30 9.9 -0.9
FLJH Franklin FTSE Japan Hedged ETF 25.9 9 30 9.9 -1.0
RBIN Nationwide Risk-Based International Equity ETF 25.8 42 -3 8.4 -2.5
UIVM VictoryShares USAA MSCI International Value Momentum ETF 25.8 35 4 10.7 -0.2
QJPN SPDR MSCI Japan StrategicFactors ETF 25.8 14 25 10.0 -0.8
HDAW Xtrackers MSCI All World ex US High Dividend Yield Hedged 25.6 20 19 12.7 +1.9
EUMV iShares Edge MSCI Min Vol Europe ETF 25.5 25 14 6.4 -4.5
JPEU JPMorgan Diversified Return Europe Equity ETF 25.4 37 2 8.6 -2.2
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 25.3 45 -6 8.7 -2.2
EZU iShares MSCI Eurozone ETF 25.2 49 -10 8.9 -1.9
TPIF Timothy Plan International ETF 25.0 62 -23 8.8 -2.0
EURZ Xtrackers Eurozone Equity ETF 24.9 9 30 9.2 -1.7
EFAV iShares Edge MSCI Min Vol EAFE ETF 24.8 20 19 6.7 -4.1
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 24.8 25 14 9.6 -1.3
JPIN JPMorgan Diversified Return International Equity ETF 24.4 38 1 9.8 -1.0
DEW WisdomTree Global High Dividend Fund 24.4 58 -19 11.4 +0.5
FIDI Fidelity International High Dividend ETF 24.3 39 0 16.1 +5.2
JPN Xtrackers Japan JPX-Nikkei 400 Equity ETF 24.3 9 30 9.9 -0.9
JPXN iShares JPX-Nikkei 400 ETF 24.2 48 -9 9.5 -1.3
JPGE JPMorgan Diversified Return Global Equity ETF 24.2 29 10 9.2 -1.7
IQDE FlexShares International Quality Dividend Defensive Index Fd 24.0 47 -8 15.5 +4.6
LVIN Hartford Multifactor Low Volatility International Equity ETF 23.9 29 10 14.6 +3.8
QINT American Century Quality Diversified International ETF 23.9 39 0 7.6 -3.3
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Id 23.7 32 7 7.6 -3.2
SCID Global X Scientific Beta Europe ETF 23.4 38 1 8.8 -2.1
IMTM iShares Edge MSCI Intl Momentum Factor ETF 23.4 30 9 5.9 -5.0
AVDE Avantis International Equity ETF 23.2 23 16 10.2 -0.6
EFG iShares MSCI EAFE Growth ETF 22.7 40 -1 5.9 -4.9
IDHQ Invesco S&P International Developed High Quality ETF 22.7 29 10 6.6 -4.3
IDOG ALPS International Sector Dividend Dogs ETF 22.4 50 -11 13.5 +2.7

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

  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

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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:

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 10.2 %
Divided by: Fwd. P/BV 0.9 x
Less: Expense ratio 39 bp
Equals: ALTAR Score 10.8 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.56 CATEGORY
AVERAGE
1.58
 
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.