Pacific Global International Equity Income
ALTAR
Score™
8.1% info Recommen-
dation
OVERWEIGHT
2019E    2020E
P/E
ratio
12.9x P/Sales
ratio
0.9x
P/BV
ratio
1.3x Div.
yield
4.4%


  • 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) $26
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 441
Wgt avg mkt cap (mns) $62,724
Large cap (>$10bn) 84.6%
Mid cap ($2-10bn) 15.2%
Small cap (<$2bn) 0.0%
Developed mkts 99.8%
Emerging mkts 0.2%

TOP TEN HOLDINGS
ROCHE HOLDING AG-GENUSSCHEIN 2.3 %
NOVARTIS AG-REG 2.1 %
GLAXOSMITHKLINE PLC 1.8 %
SANOFI-AVENTIS 1.6 %
TOTAL SA 1.6 %
BRITISH AMERICAN TOBACCO PLC 1.6 %
BP PLC 1.5 %
TOYOTA MOTOR CORP 1.5 %
BHP BILLITON LTD 1.4 %
RIO TINTO PLC 1.3 %
Total 16.7 %

TOP COUNTRY EXPOSURE
JAPAN 26.3 %
BRITAIN 16.3 %
SWITZERLAND 10.4 %
FRANCE 9.2 %
GERMANY 7.6 %
AUSTRALIA 6.6 %
SWEDEN 2.9 %
NETHERLANDS 2.7 %
SPAIN 2.5 %
SINGAPORE 2.4 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru November 30)
Year-to-date 1 year 5 years 10 years Since Incep.
1.2% -- -- -- 1.2%

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

Technical Indicators
Recent close $25.76
30d moving avg. $25.53
Annualized volatility 0.0%
Short interest (ETF) 0.0%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 0
Turnover 0.0%
Bid/Ask (% of price) 0.16%
ADV underlying (mns) $24,070

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the Pacific Global International Equity Income 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™: 8.1%


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 66.0 38 1 8.9 +0.7
DTH WisdomTree DEFA Equity Income 55.8 58 -19 8.4 +0.3
DDWM WisdomTree Dynamic Currency Hedged Int'l Equity 53.8 35 4 7.8 -0.3
FNDF Schwab Fundamental Intl Large Cap 53.8 25 14 7.4 -0.7
DOL WisdomTree Int'l Large Cap Dividend 53.3 48 -9 7.6 -0.5
PXF Invesco FTSE-RAFI Developed ex-US 52.0 45 -6 8.0 -0.1
DWM WisdomTree DEFA Fund 51.8 48 -9 7.6 -0.6
REFA Invesco International Revenue ETF 51.0 42 -3 8.6 +0.4
EFA iShares MSCI EAFE 50.8 31 8 6.8 -1.3
VYMI Vanguard Int'l High Dividend Yield 50.5 32 7 9.2 +1.1
DBEF Xtrackers MSCI EAFE Hedged 49.5 35 4 6.8 -1.3
HFXI IQ 50 Percent Hedged FTSE Int'l 47.7 20 19 7.2 -0.9
JHMD John Hancock Multifactor Developed International 47.5 45 -6 7.1 -1.1
IVLU iShares MSCI Int'l Developed Value Factor 46.5 30 9 10.2 +2.0
EFAX SPDR MSCI EAFE Fossil Fuel Free 46.2 20 19 6.9 -1.3
PBDM Invesco PureBeta FTSE Developed ex-North America 46.0 7 32 7.4 -0.8
IEV iShares S&P Europe 350 45.6 59 -20 6.3 -1.8
DBEU Xtrackers Europe Hedged 45.4 45 -6 6.4 -1.7
ESGD iShares MSCI EAFE ESG Optimized 45.4 20 19 6.8 -1.4
BBEU JPMorgan BetaBuilders Europe 45.1 9 30 6.8 -1.4

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

  2014 2015 2016 2017 2018 2019E 2020E
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
  2018 2019E 2020E
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
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 10.6 %
Divided by: Fwd. P/BV 1.2 x
Less: Expense ratio 39 bp
Equals: ALTAR Score 8.1 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.64 CATEGORY
AVERAGE
1.63
 
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.