Pacific Global International Equity Income ETF
ALTAR
Score™
8.7% info Recommen-
dation
SPECULATIVE
2020E    2021E
P/E
ratio
15.9x P/Sales
ratio
0.9x
P/BV
ratio
1.2x Div.
yield
4.3%


  • 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) $25
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 423
Wgt avg mkt cap (mns) $51,814
Large cap (>$10bn) 83.9%
Mid cap ($2-10bn) 15.9%
Small cap (<$2bn) 0.1%
Developed mkts 99.9%
Emerging mkts 0.1%

TOP TEN HOLDINGS
NOVARTIS AG-REG 2.3 %
ROCHE HOLDING AG-GENUSSCHEIN 2.3 %
ABB LTD. 1.7 %
RIO TINTO PLC 1.7 %
GLAXOSMITHKLINE PLC 1.6 %
BRITISH AMERICAN TOBACCO PLC 1.6 %
SANOFI-AVENTIS 1.6 %
NOVO NORDISK A/S-B 1.5 %
BHP BILLITON LTD 1.4 %
TOYOTA MOTOR CORP 1.4 %
Total 17.2 %

TOP COUNTRY EXPOSURE
0.0 %











HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-12.9% -- -- -- -9.1%

Market Correlations
versus... Beta R-squared
S&P500 0.84 84%
MSCI EAFE 0.96 95%
MSCI Emg. Mkts. 0.70 78%

Technical Indicators
Recent close $22.32
30d moving avg. $22.36
Annualized volatility 21.9%
Short interest (ETF) 0.0%
Relative strength (RSI) 10

Liquidity measures
Avg. volume (thou.) 2
Turnover 0.2%
Bid/Ask (% of price) 0.20%
ADV underlying (mns) $19,687

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™: 8.7%


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 58.6 39 0 8.5 -0.2
DOL WisdomTree International LargeCap Dividend Fund 52.7 48 -9 8.3 -0.4
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 51.8 35 4 8.2 -0.5
DWM WisdomTree International Equity Fund 51.6 48 -9 7.9 -0.7
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 46.0 35 4 6.4 -2.3
EFA iShares MSCI EAFE ETF 46.0 32 7 6.4 -2.3
VYMI Vanguard International High Dividend Yield ETF 45.4 27 12 9.3 +0.6
FNDF Schwab Fundamental International Large Co. Index ETF 44.5 25 14 7.8 -0.8
GSID Goldman Sachs MarketBeta International Equity ETF 44.4 20 19 6.7 -2.0
DTH WisdomTree DEFA Equity Income Fund 44.3 58 -19 9.3 +0.6
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 44.1 45 -6 7.8 -0.8
HFXI IQ 50 Percent Hedged FTSE International ETF 44.1 20 19 6.8 -1.9
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 43.7 14 25 6.3 -2.4
JHMD John Hancock Multifactor Developed International ETF 43.6 39 0 6.7 -2.0
IQSI IQ Candriam ESG International Equity ETF 43.4 15 24 6.8 -1.9
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 42.5 20 19 6.5 -2.2
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 41.9 7 32 6.8 -1.9
BKIE BNY Mellon International Equity ETF 41.6 4 35 6.7 -1.9
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 41.5 35 4 6.2 -2.5
IEV iShares Europe ETF 41.2 59 -20 6.3 -2.4
ESGD iShares MSCI EAFE ESG Optimized ETF 41.2 20 19 6.3 -2.4
IVLU iShares Edge MSCI Intl Value Factor ETF 41.0 30 9 10.3 +1.6
DBEU Xtrackers MSCI Europe Hedged Equity ETF 40.9 45 -6 6.2 -2.5
QEFA SPDR MSCI EAFE Quality Mix ETF 40.4 30 9 6.2 -2.4
BBEU JPMorgan BetaBuilders Europe ETF 40.3 9 30 6.8 -1.9
FLEH Franklin FTSE Europe Hedged ETF 40.1 9 30 6.7 -2.0
FLEE Franklin FTSE Europe ETF 39.9 9 30 6.5 -2.2
IEFA iShares Core MSCI EAFE ETF 39.7 7 32 6.6 -2.0
SCHF Schwab International Equity ETF 38.7 6 33 6.7 -2.0
ISDX Invesco Strategic Developed ex-US ETF 38.5 23 16 6.4 -2.2
PDEV Principal International Multi-Factor Core Index ETF 38.0 25 14 7.2 -1.5
IQIN IQ 500 International ETF 37.1 25 14 7.6 -1.1
IEUR iShares Core MSCI Europe ETF 37.1 9 30 6.7 -2.0
VGK Vanguard FTSE Europe ETF 36.8 8 31 6.8 -1.8
IDEV iShares Core MSCI International Developed Markets ETF 35.8 5 34 6.6 -2.1
SPDW SPDR Portfolio Developed World ex-US ETF 35.5 4 35 6.5 -2.2
FEU SPDR Portfolio Europe ETF 35.5 9 30 6.8 -1.9
VGFO Virtus WMC Global Factor Opportunities ETF 35.2 49 -10 7.4 -1.3
PQIN PGIM QMA Strategic Alpha International Equity ETF 34.5 29 10 7.2 -1.5
VEA Vanguard FTSE Developed Markets ETF 34.3 5 34 6.8 -1.9
IPAC iShares Core MSCI Pacific ETF 34.2 9 30 6.5 -2.2
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 34.1 39 0 6.0 -2.7
GSIE Goldman Sachs ActiveBeta International Equity ETF 34.0 25 14 6.2 -2.5
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 33.5 25 14 6.1 -2.6
RESD WisdomTree International ESG Fund 33.5 30 9 6.3 -2.4
DOO WisdomTree International Dividend ex-Financials Fund 33.4 58 -19 8.4 -0.3
CIL VictoryShares International Volatility Weighted Index ETF 33.4 45 -6 6.4 -2.3
DMXF iShares ESG Advanced MSCI EAFE ETF 33.2 12 27 6.4 -2.3
OEUR O'shares FTSE Europe Quality Dividend ETF 32.4 48 -9 6.6 -2.1
CWI SPDR MSCI ACWI ex-US ETF 32.1 30 9 6.6 -2.1
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 31.3 45 -6 6.4 -2.3
ISZE iShares Edge MSCI Intl Size Factor ETF 30.6 30 9 6.5 -2.2
ACSG Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF 30.4 16 23 6.3 -2.3
VPL Vanguard FTSE Pacific ETF 30.0 8 31 6.7 -2.0
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 30.0 40 -1 6.5 -2.1
ACWX iShares MSCI ACWI ex U.S. ETF 29.8 32 7 6.7 -2.0
HDAW Xtrackers MSCI All World ex US High Dividend Yield Hedged 29.3 20 19 10.3 +1.6
FIVA Fidelity International Value Factor ETF 29.1 39 0 9.0 +0.3
VEU Vanguard FTSE All-World ex-US Index Fund 28.3 8 31 6.9 -1.8
HDEF Xtrackers MSCI EAFE High Dividend Yield Hedged Equity ETF 27.2 20 19 8.8 +0.1
RODM Hartford Multifactor Developed Markets (ex-US) ETF 26.9 29 10 7.3 -1.4
JPIN JPMorgan Diversified Return International Equity ETF 26.8 37 2 7.2 -1.4
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 26.6 39 0 7.2 -1.4
EWJ iShares MSCI Japan ETF 26.2 49 -10 6.3 -2.4
DBJP Xtrackers MSCI Japan Hedged Equity ETF 26.2 45 -6 6.4 -2.3
IQLT iShares Edge MSCI Intl Quality Factor ETF 26.2 30 9 5.6 -3.1
BBJP JPMorgan BetaBuilders Japan ETF 26.2 19 20 6.6 -2.1
VSGX Vanguard ESG International Stock ETF 26.2 17 22 6.6 -2.1
EFAV iShares Edge MSCI Min Vol EAFE ETF 26.0 20 19 5.1 -3.6
IXUS ishares Core MSCI Total International Stock ETF 25.9 9 30 6.8 -1.9
FLJH Franklin FTSE Japan Hedged ETF 25.6 9 30 6.8 -1.9
FLJP Franklin FTSE Japan ETF 25.6 9 30 6.7 -1.9
QJPN SPDR MSCI Japan StrategicFactors ETF 25.3 14 25 6.8 -1.9
TPIF Timothy Plan International ETF 25.1 62 -23 6.1 -2.6
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 25.1 24 15 6.6 -2.1
EUDG WisdomTree Europe Quality Dividend Growth Fund 24.9 58 -19 5.7 -3.0
EURZ Xtrackers Eurozone Equity ETF 24.6 9 30 6.4 -2.3
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 24.5 80 -41 6.2 -2.4
EZU iShares MSCI Eurozone ETF 24.4 49 -10 6.0 -2.7
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 24.3 45 -6 6.1 -2.5
JPN Xtrackers Japan JPX-Nikkei 400 Equity ETF 24.3 9 30 6.8 -1.9
JPXN iShares JPX-Nikkei 400 ETF 24.3 48 -9 6.4 -2.3
IQDF FlexShares International Quality Dividend Index Fund 24.2 47 -8 8.2 -0.4
IDLV Invesco S&P International Developed Low Volatility ETF 24.1 25 14 6.2 -2.5
IQDE FlexShares International Quality Dividend Defensive Index Fd 24.1 47 -8 8.2 -0.4
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 24.1 25 14 6.5 -2.2
AVDE Avantis International Equity ETF 23.7 23 16 7.0 -1.7
RBIN Nationwide Risk-Based International Equity ETF 23.7 42 -3 6.1 -2.6
IGRO iShares International Dividend Growth ETF 23.3 22 17 7.6 -1.1
IMTM iShares Edge MSCI Intl Momentum Factor ETF 22.7 30 9 4.3 -4.4
IDHQ Invesco S&P International Developed Quality ETF 22.6 29 10 4.7 -4.0
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Id 22.6 32 7 5.7 -3.0
VXUS Vanguard Total International Stock Index Fund 22.6 8 31 6.9 -1.7
NUDM Nuveen ESG International Developed Markets Equity ETF 22.6 40 -1 6.1 -2.6
DEW WisdomTree Global High Dividend Fund 22.5 58 -19 8.9 +0.2
RNDM Developed International Equity Select ETF 22.4 65 -26 5.7 -2.9
QINT American Century Quality Diversified International ETF 22.0 39 0 5.9 -2.8
DWMF WisdomTree International Multifactor Fund 21.9 38 1 6.2 -2.5
FDEV Fidelity Targeted International Factor ETF 21.9 39 0 6.2 -2.5

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:

SPECULATIVE

Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 10.0 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 39 bp
Equals: ALTAR Score 8.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.53 CATEGORY
AVERAGE
1.55
 
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.