Invesco International BuyBack Achievers ETF
ALTAR
Score™		 7.6% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 13.1x P/Sales
ratio		 0.9x
P/BV
ratio		 1.3x Div.
yield		 3.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Invesco International BuyBack Achievers Portfolio is an exchange-traded fund incorporated in the USA. The Fund is based on the NASDAQ International BuyBack AchieversTM Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index.

FUND BASICS
Category International Equities
Fund Sponsor Invesco
Website www.invesco.com
Inception date Feb 24, 2014
Assets (mns) $426
Currency USD
Expense ratio 55 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Grantor Trust
Custodian Bank of New York Mellon/The
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 139
Wgt avg mkt cap (mns) $64,343
Large cap (>$10bn) 84.6%
Mid cap ($2-10bn) 12.1%
Small cap (<$2bn) 3.3%
Developed mkts 94.8%
Emerging mkts 5.2%

TOP TEN HOLDINGS
HSBC HOLDINGS PLC 5.3 %
DBS GROUP HOLDINGS LTD 5.3 %
UNICREDIT S.P.A. 5.1 %
SHELL PLC 4.7 %
BP PLC 3.9 %
BARCLAYS PLC 3.1 %
LLOYDS BANKING GROUP PLC 2.9 %
KUAISHOU TECHNOLOGY CLASS B 2.8 %
NASPERS LTD 2.8 %
NATIONAL GRID PLC 2.8 %
Total 38.6 %

TOP COUNTRY EXPOSURE
BRITAIN 29.4 %
JAPAN 17.9 %
CHINA 7.4 %
CANADA 7.1 %
IRELAND 6.9 %
NETHERLANDS 5.3 %
SINGAPORE 5.3 %
GERMANY 5.1 %
ITALY 5.1 %
SOUTH KOREA 1.4 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
45.5% 45.5% 12.5% 11.5% 10.2%

Market Correlations
versus... Beta R-squared
S&P500 0.69 60%
MSCI EAFE 0.98 85%
MSCI Emg. Mkts. 0.82 68%

Technical Indicators
Recent close $58.85
30d moving avg. $55.81
Annualized volatility 13.9%
Short interest (ETF) 0.6%
Relative strength (RSI) 64

Liquidity measures
Avg. volume (thou.) 64
Turnover 0.9%
Bid/Ask (% of price) 0.27%
ADV underlying (mns) $3,321

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 469 potential alternatives to the Invesco International BuyBack Achievers ETF ETF based on the alternatives' overlap in portfolio holdings with IPKW. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IPKW Expense: 55 bp ALTAR Score™: 7.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IPKW
Ticker Fund
Name		 Overlap1
vs IPKW
(%)		 Expense
ratio
(bp)		 Savings
vs IPKW
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs IPKW
(%)
JIVE JPMorgan International Value ETF 44.0 55 0 9.1 +1.5
EWU iShares MSCI United Kingdom ETF 26.5 50 5 6.7 -1.0
EUFN iShares MSCI Europe Financials ETF 22.6 51 4 6.6 -1.1
FLGB Franklin FTSE United Kingdom ETF 20.2 9 46 6.5 -1.2
INEQ Columbia International Equity Income ETF 19.5 45 10 7.2 -0.4
IVLU iShares MSCI Intl Value Factor ETF 14.6 30 25 8.4 +0.7
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 14.3 58 -3 7.1 -0.5
RFDI First Trust Riverfront Dynamic Developed International ETF 13.8 83 -28 7.6 0.0
FDD First Trust Stoxx European Select Dividend Index Fund 13.3 58 -3 9.3 +1.7
EFV iShares MSCI EAFE Value ETF 13.1 34 21 7.5 -0.2
IDMO Invesco S&P International Developed Momentum ETF 12.6 25 30 5.0 -2.7
FYLD Cambria Foreign Shareholder Yield ETF 12.2 59 -4 9.7 +2.0
FKU First Trust United Kingdom AlphaDEX Fund 12.1 80 -25 6.1 -1.5
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 12.0 9 46 8.1 +0.4
ICOW Pacer Developed Markets International Cash Cows 100 ETF 11.9 65 -10 9.3 +1.7
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 11.4 45 10 7.2 -0.5
DTAN Sparkline International Intangible Value ETF 11.3 55 0 7.3 -0.3
FNDF Schwab Fundamental International Large Co. Index ETF 11.2 25 30 7.8 +0.2
DTH WisdomTree International High Dividend Fund 11.0 58 -3 7.1 -0.5
UIVM VictoryShares International Value Momentum ETF 10.8 35 20 7.2 -0.4
IMTM iShares MSCI Intl Momentum Factor ETF 10.5 30 25 4.6 -3.1
IEV iShares Europe ETF 10.4 67 -12 5.6 -2.0
DFIV Dimensional International Value ETF 10.1 27 28 7.7 +0.1
IDV iShares International Select Dividend ETF 10.0 51 4 9.0 +1.3
IEUR iShares Core MSCI Europe ETF 9.5 11 44 6.1 -1.5
VGK Vanguard FTSE Europe ETF 9.4 6 49 6.2 -1.4
VYMI Vanguard International High Dividend Yield ETF 9.3 17 38 7.8 +0.2
INTF iShares International Equity Factor ETF 9.2 15 40 6.4 -1.3
PPIE Putnam PanAgora ESG International Equity ETF 9.2 49 6 6.7 -0.9
IXC iShares Global Energy ETF 9.1 44 11 8.5 +0.9
CLNR IQ Cleaner Transport ETF 8.9 45 10 4.9 -2.7
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 8.6 25 30 6.2 -1.4
EUDG WisdomTree Europe Quality Dividend Growth Fund 8.5 58 -3 5.6 -2.0
JIRE JPMorgan International Research Enhanced Equity ETF 8.5 24 31 6.1 -1.5
QINT American Century Quality Diversified International ETF 8.4 39 16 5.9 -1.7
SPEU SPDR Portfolio Europe ETF 8.3 7 48 6.2 -1.5
CEFA Global X S&P Catholic Values Developed ex-US ETF 8.3 35 20 5.6 -2.1
FLEE Franklin FTSE Europe ETF 8.0 9 46 6.1 -1.5
DBEU Xtrackers MSCI Europe Hedged Equity ETF 8.0 46 9 5.9 -1.7
BBEU JPMorgan BetaBuilders Europe ETF 8.0 9 46 6.1 -1.6
STXI Strive International Developed Markets ETF 7.9 29 26 5.5 -2.1
EFA iShares MSCI EAFE ETF 7.9 35 20 5.6 -2.0
JHMD John Hancock Multifactor Developed International ETF 7.8 39 16 6.3 -1.4
IQDG WisdomTree International Quality Dividend Growth Fund 7.7 42 13 5.9 -1.8
FDEV Fidelity International Multifactor ETF 7.7 18 37 6.4 -1.2
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 7.7 58 -3 5.9 -1.7
GSIE Goldman Sachs ActiveBeta International Equity ETF 7.5 25 30 6.1 -1.6
ESGD iShares ESG Aware MSCI EAFE ETF 7.5 20 35 5.6 -2.1
JPIN J.P. Morgan Diversified Return International Equity ETF 7.5 37 18 7.0 -0.7
DOL WisdomTree International LargeCap Dividend Fund 7.5 48 7 5.9 -1.8
IEFA iShares Core MSCI EAFE ETF 7.2 7 48 5.9 -1.7
FJP First Trust Japan AlphaDEX Fund 7.2 80 -25 7.0 -0.6
FIVA Fidelity International Value Factor ETF 7.1 18 37 7.7 +0.1
LVHI Franklin International Low Volatility High Dividend Index ET 7.0 40 15 9.0 +1.4
QEFA SPDR MSCI EAFE StrategicFactors ETF 7.0 30 25 5.9 -1.8
DFAI Dimensional International Core Equity Market ETF 7.0 18 37 5.9 -1.8
DIVI Franklin International Core Dividend Tilt Index ETF 6.9 9 46 6.7 -1.0
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 6.9 39 16 5.6 -2.1
GCOW Pacer Global Cash Cows Dividend ETF 6.9 60 -5 9.3 +1.6
IDEV iShares Core MSCI International Developed Markets ETF 6.9 4 51 5.9 -1.7
KTEC KraneShares Hang Seng TECH Index ETF 6.8 69 -14 17.0 +9.3
ITOL Tema International Durable Quality ETF 6.8 60 -5 4.6 -3.0
EIRL iShares MSCI Ireland ETF 6.8 50 5 6.9 -0.7
IXG iShares Global Financials ETF 6.8 42 13 5.9 -1.8
FEP First Trust Europe AlphaDEX Fund 6.7 80 -25 6.5 -1.1
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 6.6 20 35 5.3 -2.3
SCHF Schwab International Equity ETF 6.6 6 49 6.0 -1.6
WBAT WisdomTree Battery Value Chain and Innovation Fund 6.6 45 10 1.6 -6.0
VEA Vanguard FTSE Developed Markets ETF 6.5 3 52 5.9 -1.7
HFXI IQ FTSE International Equity Currency Neutral ETF 6.5 20 35 5.8 -1.8
DWM WisdomTree International Equity Fund 6.4 48 7 6.2 -1.5
SPDW SPDR Portfolio Developed World ex-US ETF 6.4 3 52 5.8 -1.8
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 6.4 36 19 5.8 -1.8
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 6.4 40 15 6.3 -1.3
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 6.3 80 -25 3.3 -4.4
FDNI First Trust Dow Jones International Internet ETF 6.3 65 -10 19.0 +11.4
DIM WisdomTree International MidCap Dividend Fund 6.3 58 -3 6.2 -1.4
GSID Goldman Sachs MarketBeta International Equity ETF 6.3 20 35 5.7 -2.0
CGIE Capital Group International Equity ETF 6.2 54 1 4.2 -3.5
GNR SPDR S&P Global Natural Resources ETF 6.2 40 15 8.4 +0.7
FDT First Trust Developed Markets ex-US AlphaDEX Fund 6.1 80 -25 6.8 -0.8
FENI Fidelity Enhanced International ETF 5.9 28 27 5.4 -2.2
BKIE BNY Mellon International Equity ETF 5.9 4 51 5.9 -1.8
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 5.9 39 16 6.6 -1.1
CWI SPDR MSCI ACWI ex-US ETF 5.8 30 25 6.3 -1.4
FEZ SPDR EURO STOXX 50 ETF 5.8 29 26 5.5 -2.1
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 5.8 20 35 5.4 -2.2
EFAV iShares MSCI EAFE Min Vol Factor ETF 5.5 22 33 5.4 -2.2
EZU iShares MSCI Eurozone ETF 5.5 52 3 5.6 -2.1
DXIV Dimensional International Vector Equity ETF 5.4 34 21 6.4 -1.3
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 5.4 46 9 7.6 -0.0
KWEB KraneShares CSI China Internet ETF 5.3 69 -14 22.1 +14.4
TCHI iShares MSCI China Multisector Tech ETF 5.3 59 -4 14.9 +7.2
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 5.3 24 31 6.2 -1.4
EWN iShares MSCI Netherlands ETF 5.3 50 5 4.5 -3.2
ASEA Global X FTSE Southeast Asia ETF 5.3 65 -10 5.3 -2.3
EWS iShares MSCI Singapore ETF 5.3 50 5 4.1 -3.6
ACWX iShares MSCI ACWI ex U.S. ETF 5.3 34 21 6.3 -1.4
FIDI Fidelity International High Dividend ETF 5.2 18 37 7.2 -0.5
RODM Hartford Multifactor Developed Markets (ex-US) ETF 5.2 29 26 6.7 -1.0
VEU Vanguard FTSE All-World ex-US Index Fund 5.1 4 51 6.6 -1.0
EWI iShares MSCI Italy ETF 5.1 50 5 8.5 +0.9
FGM First Trust Germany AlphaDEX Fund 5.1 80 -25 5.5 -2.1
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 5.1 45 10 6.1 -1.6
DEW WisdomTree Global High Dividend Fund 5.1 58 -3 7.3 -0.3
IXUS iShares Core MSCI Total International Stock ETF 5.0 7 48 6.5 -1.1
DFSI Dimensional International Sustainability Core 1 ETF 5.0 24 31 5.3 -2.3
VXUS Vanguard Total International Stock ETF 5.0 5 50 6.6 -1.1
AVIV Avantis International Large Cap Value ETF 5.0 25 30 7.1 -0.5
FDFF Fidelity Disruptive Finance ETF 4.9 50 5 4.0 -3.6
CGRO CoreValues Alpha Greater China Growth ETF 4.9 75 -20 3.0 -4.6
CIL VictoryShares International Volatility Wtd ETF 4.9 45 10 5.6 -2.1
SCJ iShares MSCI Japan Small-Cap ETF 4.9 50 5 5.8 -1.8
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 4.9 60 -5 8.5 +0.8
IQSI IQ Candriam International Equity ETF 4.8 15 40 5.5 -2.2
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 4.8 25 30 5.5 -2.1
DFIC Dimensional International Core Equity 2 ETF 4.8 23 32 6.1 -1.5
EPP iShares MSCI Pacific ex-Japan ETF 4.7 47 8 4.6 -3.0
FXI iShares China Large-Cap ETF 4.7 74 -19 15.5 +7.8
IDOG ALPS International Sector Dividend Dogs ETF 4.7 50 5 10.2 +2.6
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 4.7 19 36 4.8 -2.9
JHID John Hancock International High Dividend ETF 4.7 46 9 8.0 +0.4
MCH Matthews China Active ETF 4.7 79 -24 12.5 +4.8
AVSD Avantis Responsible International Equity ETF 4.7 23 32 4.5 -3.1
GVAL Cambria Global Value ETF 4.6 68 -13 8.6 +1.0
AIVI WisdomTree International AI Enhanced Value Fund 4.6 58 -3 5.9 -1.7
IMOM Alpha Architect International Quantitative Momentum ETF 4.6 49 6 3.8 -3.9
FEUZ First Trust Eurozone AlphaDEX ETF 4.5 80 -25 6.3 -1.4
EWJV iShares MSCI Japan Value ETF 4.5 15 40 7.2 -0.4
IQLT iShares MSCI Intl Quality Factor ETF 4.5 30 25 5.2 -2.4
TPIF Timothy Plan International ETF 4.5 62 -7 5.2 -2.4
DVYA iShares Asia/Pacific Dividend ETF 4.5 49 6 6.4 -1.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 4.4 41 14 6.3 -1.3
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 4.4 12 43 5.1 -2.6
AVDS Avantis International Small Cap Equity ETF 4.4 30 25 5.6 -2.0
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 4.3 86 -31 12.0 +4.4
VIDI Vident International Equity Strategy ETF 4.3 61 -6 8.7 +1.1
HEDJ WisdomTree Europe Hedged Equity Fund 4.2 58 -3 5.7 -2.0
GXUS Goldman Sachs MarketBeta Total International Equity ETF 4.2 18 37 6.3 -1.4
FLGR Franklin FTSE Germany ETF 4.2 9 46 6.5 -1.2
AVDE Avantis International Equity ETF 4.1 23 32 6.1 -1.5
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 4.1 80 -25 5.3 -2.4
EWG iShares MSCI Germany ETF 4.1 50 5 5.8 -1.8
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 4.0 72 -17 -1.3 -8.9
OCEN IQ Clean Oceans ETF 4.0 45 10 5.1 -2.6
CHIQ Global X MSCI China Consumer Discretionary ETF 4.0 65 -10 11.2 +3.6
LEGR First Trust Indxx Innovative Transaction & Process ETF 4.0 65 -10 7.0 -0.7
AVDV Avantis International Small Cap Value ETF 4.0 36 19 7.3 -0.4
AIA iShares Asia 50 ETF 4.0 50 5 9.8 +2.1
DFIS Dimensional International Small Cap ETF 3.9 39 16 5.9 -1.7
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 3.9 32 23 5.4 -2.3
RCGE RockCreek Global Equality ETF 3.9 95 -40 6.0 -1.7
VSGX Vanguard ESG International Stock ETF 3.9 10 45 6.5 -1.2
NUDM Nuveen ESG International Developed Markets Equity ETF 3.9 31 24 5.6 -2.0
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 3.9 46 9 5.2 -2.5
DAX Global X DAX Germany ETF 3.9 21 34 6.3 -1.4
DXJ WisdomTree Japan Hedged Equity Fund 3.9 48 7 5.8 -1.8
JXI iShares Global Utilities ETF 3.8 43 12 5.2 -2.5
DISV Dimensional International Small Cap Value ETF 3.7 42 13 7.6 -0.1
DFAX Dimensional World ex U.S. Core Equity 2 ETF 3.7 30 25 6.3 -1.3
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 3.6 49 6 5.9 -1.8
IPAC iShares Core MSCI Pacific ETF 3.6 9 46 5.5 -2.1
GLOF iShares Global Equity Factor ETF 3.6 20 35 5.8 -1.8
FNDC Schwab Fundamental International Small Co. Index ETF 3.6 39 16 5.0 -2.6
FLJP Franklin FTSE Japan ETF 3.6 9 46 5.4 -2.3
VWID Virtus WMC International Dividend ETF 3.6 49 6 7.1 -0.5
FLJH Franklin FTSE Japan Hedged ETF 3.6 9 46 5.5 -2.1
OAIM OneAscent International Equity ETF 3.5 95 -40 4.4 -3.2
DMXF iShares ESG Advanced MSCI EAFE ETF 3.4 12 43 4.9 -2.8
JPXN iShares JPX-Nikkei 400 ETF 3.4 48 7 5.6 -2.1
OEFA ALPS O’Shares International Developed Quality Dividend ETF 3.4 48 7 4.6 -3.0
DGT State Street SPDR Global Dow ETF 3.4 50 5 5.8 -1.8
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 3.3 14 41 5.4 -2.3
SCZ iShares MSCI EAFE Small-Cap ETF 3.3 40 15 6.0 -1.7
ISCF iShares International SmallCap Equity Factor ETF 3.2 23 32 7.1 -0.6
EWJ iShares MSCI Japan ETF 3.2 50 5 5.1 -2.5
VPL Vanguard FTSE Pacific ETF 3.2 7 48 5.5 -2.2
BBJP JPMorgan BetaBuilders Japan ETF 3.2 19 36 5.7 -1.9
SCHC Schwab International Small-Cap Equity ETF 3.2 11 44 6.4 -1.3
DWMF WisdomTree International Multifactor Fund 3.1 38 17 6.3 -1.4
DBJP Xtrackers MSCI Japan Hedged Equity ETF 3.1 47 8 5.0 -2.6
IQDF FlexShares International Quality Dividend Index Fund 3.1 47 8 7.3 -0.4
ICPY Tweedy, Browne International Insider Value ETF 3.1 80 -25 9.7 +2.0
EFAS Global X MSCI SuperDividend EAFE ETF 3.0 57 -2 7.3 -0.3
ADIV SmartETFs Asia Pacific Dividend Builder ETF 3.0 78 -23 8.4 +0.8
DSTX Distillate International Fundamental Stability & Value ETF 3.0 55 0 6.5 -1.2
IDLV Invesco S&P International Developed Low Volatility ETF 2.8 25 30 6.1 -1.6
CQQQ Invesco China Technology ETF 2.8 70 -15 12.3 +4.6
BNGE First Trust S-Network Streaming and Gaming ETF 2.8 70 -15 2.5 -5.1
SOCL Global X Social Media ETF 2.8 65 -10 9.0 +1.3
IVRS iShares Future Metaverse Tech and Communications ETF 2.8 47 8 3.2 -4.5
DRGN Themes China Generative Artificial Intelligence ETF 2.8 39 16 8.4 +0.8
NUEM Nuveen ESG Emerging Markets Equity ETF 2.8 36 19 6.4 -1.3
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 2.8 58 -3 3.6 -4.1
MOTO SmartETFs Smart Transportation & Technology ETF 2.7 68 -13 5.3 -2.3
CXSE WisdomTree China ex-State-Owned Enterprises Fund 2.7 32 23 11.3 +3.6
ISHP First Trust Nasdaq Retail ETF 2.7 60 -5 5.2 -2.5
EWC iShares MSCI Canada ETF 2.7 50 5 5.1 -2.6
RXI iShares Global Consumer Discretionary ETF 2.7 41 14 7.2 -0.4
IEUS iShares MSCI Europe Small-Cap ETF 2.7 42 13 6.3 -1.3
CGXU Capital Group International Focus Equity ETF 2.6 54 1 4.5 -3.1
QWLD SPDR MSCI World StrategicFactors ETF 2.6 30 25 5.1 -2.6
FEOE First Eagle Overseas Equity ETF 2.6 79 -24 5.7 -1.9
GEW Cambria Global EW ETF 2.6 29 26 5.3 -2.3
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 2.6 8 47 6.2 -1.5
MOTG VanEck Morningstar Global Wide Moat ETF 2.6 52 3 8.7 +1.1
MCHI iShares MSCI China ETF 2.6 59 -4 15.0 +7.4
DFNL Davis Select Financial ETF 2.6 63 -8 6.7 -1.0
KOCG FIS Knights of Columbus Global Belief ETF 2.5 75 -20 4.4 -3.2
IMFL Invesco International Developed Dynamic Multifactor ETF 2.5 34 21 4.8 -2.8
DLS WisdomTree International SmallCap Dividend Fund 2.5 58 -3 7.0 -0.7
EMC Global X Emerging Markets Great Consumer ETF 2.5 75 -20 6.7 -1.0
COPY Tweedy, Browne Insider + Value ETF 2.5 80 -25 10.0 +2.3
IOO iShares Global 100 ETF 2.4 41 14 3.9 -3.8
CGDG Capital Group Dividend Growers ETF 2.4 47 8 5.3 -2.3
FLCH Franklin FTSE China ETF 2.4 19 36 13.9 +6.3
EFG iShares MSCI EAFE Growth ETF 2.4 36 19 3.6 -4.1
GXC SPDR S & P China ETF 2.4 59 -4 14.1 +6.4
GWX SPDR S&P International Small Cap ETF 2.4 40 15 5.6 -2.1
FGD First Trust Dow Jones Global Select Dividend Index Fund 2.4 56 -1 9.6 +2.0
IGF iShares Global Infrastructure ETF 2.3 41 14 4.2 -3.4
GII SPDR S&P Global Infrastructure ETF 2.3 40 15 4.2 -3.4
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 2.3 80 -25 8.7 +1.1
MOTI VanEck Morningstar International Moat ETF 2.3 58 -3 9.1 +1.5
DINT Davis Select International ETF 2.3 55 0 6.6 -1.0
CRAK VanEck Oil Refiners ETF 2.2 61 -6 10.3 +2.7
SCHY Schwab International Dividend Equity ETF 2.2 14 41 8.4 +0.7
KLMT Invesco MSCI Global Climate 500 ETF 2.1 10 45 4.9 -2.7
WLDR Affinity World Leaders Equity ETF 2.1 67 -12 6.2 -1.4
IQRA IQ CBRE Real Assets ETF 2.1 65 -10 5.3 -2.4
ESGG FlexShares STOXX Global ESG Select Index Fund 2.1 42 13 4.6 -3.0
KNO AXS Knowledge Leaders ETF 2.1 78 -23 4.8 -2.8
POW VistaShares Electrification Supercycle ETF 2.1 75 -20 2.6 -5.0
URTH iShares MSCI World ETF 2.1 24 31 4.4 -3.3
AKAF The Frontier Economic Fund 2.0 20 35 5.3 -2.3
CARZ First Trust NASDAQ Global Auto Index Fund 2.0 70 -15 3.2 -4.4
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.0 47 8 6.7 -0.9
TOK iShares MSCI Kokusai ETF 2.0 26 29 4.3 -3.4
PATN Pacer Nasdaq International Patent Leaders ETF 1.9 65 -10 4.4 -3.2
AAXJ iShares MSCI All Country Asia ex Japan ETF 1.9 70 -15 6.9 -0.7
ECOW Pacer Emerging Markets Cash Cows 100 ETF 1.9 70 -15 11.1 +3.4
ACWI iShares MSCI ACWI ETF 1.9 32 23 4.7 -3.0
FLCA Franklin FTSE Canada ETF 1.9 9 46 5.5 -2.2
FEGE First Eagle Global Equity ETF 1.8 79 -24 5.5 -2.2
VT Vanguard Total World Stock ETF 1.8 6 49 5.0 -2.6
ANEW ProShares MSCI Transformational Changes ETF 1.8 45 10 4.6 -3.0
LDEM iShares ESG MSCI EM Leaders ETF 1.8 17 38 10.8 +3.2
FLAX Franklin FTSE Asia Ex Japan ETF 1.8 19 36 7.2 -0.5
BBCA JPMorgan BetaBuilders Canada ETF 1.8 19 36 5.4 -2.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.8 9 46 4.8 -2.8
AVES Avantis Emerging Markets Value ETF 1.8 36 19 9.0 +1.4
DEHP Dimensional Emerging Markets High Profitability ETF 1.7 41 14 5.0 -2.7
DFJ WisdomTree Japan SmallCap Dividend Fund 1.7 58 -3 6.3 -1.4
SHPP Pacer Industrials and Logistics ETF 1.7 60 -5 7.5 -0.2
KOKU Xtrackers MSCI Kokusai Equity ETF 1.6 9 46 4.5 -3.1
EMXF iShares ESG Advanced MSCI EM ETF 1.6 16 39 6.8 -0.8
IDRV iShares Self-driving EV & Tech ETF 1.6 47 8 3.0 -4.6
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 1.6 47 8 5.6 -2.1
BKF iShares MSCI BIC ETF 1.5 69 -14 11.6 +3.9
DRIV Global X Autonomous & Electric Vehicles ETF 1.5 68 -13 3.9 -3.7
JIG JPMorgan International Growth ETF 1.5 55 0 3.9 -3.8
ERTH Invesco MSCI Sustainable Future ETF 1.5 62 -7 3.1 -4.6
FDRV Fidelity Electric Vehicles and Future Transportation ETF 1.5 39 16 -1.3 -8.9
KGRN KraneShares MSCI China Clean Technology Index ETF 1.5 79 -24 0.3 -7.3
ETEC iShares Breakthrough Environmental Solutions ETF 1.5 47 8 3.0 -4.7
BOTT Themes Robotics & Automation ETF 1.5 35 20 -1.2 -8.8
JGLO JPMorgan Global Select Equity ETF 1.5 33 22 4.3 -3.3
RGEF Rockefeller Global Equity ETF 1.5 55 0 3.8 -3.8
JSTC Adasina Social Justice All Cap Global ETF 1.5 89 -34 4.2 -3.5
BINV Brandes International ETF 1.4 70 -15 8.1 +0.4
IGRO iShares International Dividend Growth ETF 1.4 15 40 6.1 -1.5
EUDV ProShares MSCI Europe Dividend Growers ETF 1.4 55 0 5.4 -2.3
TMFG Motley Fool Global Opportunities ETF 1.4 85 -30 3.6 -4.1
EV Mast Global Battery Recycling & Production ETF 1.4 65 -10 7.2 -0.4
MINV Matthews Asia Innovators Active ETF 1.3 79 -24 5.4 -2.3
IXP iShares Global Comm Services ETF 1.3 42 13 5.1 -2.6
EWUS iShares MSCI United Kingdom Small Cap ETF 1.3 59 -4 6.6 -1.0
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.3 20 35 4.7 -2.9
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 1.3 65 -10 3.9 -3.8
TTAI FCF International Quality ETF 1.3 59 -4 6.5 -1.1
EFAD ProShares MSCI EAFE Dividend Growers ETF 1.3 50 5 5.3 -2.3
AIRL Themes Airlines ETF 1.2 35 20 2.0 -5.6
JETS U.S. Global Jets ETF 1.2 60 -5 2.2 -5.5
BLOK Amplify Transformational Data Sharing ETF 1.2 75 -20 0.3 -7.4
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 1.2 58 -3 5.9 -1.7
BITQ Bitwise Crypto Industry Innovators ETF 1.2 85 -30 -2.0 -9.6
IDHQ Invesco S&P International Developed High Quality ETF 1.2 29 26 5.2 -2.5
EVLU iShares MSCI Emerging Markets Value Factor ETF 1.2 35 20 11.1 +3.5
ECON Columbia Emerging Markets Consumer ETF 1.2 49 6 9.4 +1.8
SDG iShares MSCI Global Sustainable Development Goals ETF 1.2 49 6 4.7 -2.9
GTEK Goldman Sachs Future Tech Leaders Equity ETF 1.1 75 -20 2.3 -5.4
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 1.1 41 14 6.8 -0.8
CGV Conductor Global Equity Value ETF 1.1 130 -75 6.4 -1.2
DWX SPDR S&P International Dividend ETF 1.1 45 10 6.6 -1.1
FDEM Fidelity Emerging Markets Multifactor ETF 1.1 25 30 10.2 +2.6
JHEM John Hancock Multifactor Emerging Markets ETF 1.1 49 6 7.9 +0.3
WWJD Inspire International ETF 1.1 80 -25 6.2 -1.5
DIHP Dimensional International High Profitability ETF 1.0 29 26 5.7 -2.0
EEMA iShares MSCI Emerging Markets Asia ETF 1.0 49 6 7.6 -0.1
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.0 32 23 6.8 -0.9
GINN Goldman Sachs Innovate Equity ETF 1.0 52 3 3.2 -4.4
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 1.0 15 40 6.3 -1.4
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 1.0 80 -25 7.5 -0.2
EEMO Invesco S&P Emerging Markets Momentum ETF 0.9 29 26 6.7 -0.9
AVSE Avantis Responsible Emerging Markets Equity ETF 0.9 33 22 6.7 -1.0
GMF SPDR S&P Emerging Asia Pacific ETF 0.9 49 6 8.3 +0.6
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.9 25 30 5.4 -2.2
BKEM BNY Mellon Emerging Markets Equity ETF 0.9 11 44 7.6 -0.0
EIPI FT Energy Income Partners Enhanced Income ETF 0.9 110 -55 6.1 -1.5
EIPX FT Energy Income Partners Strategy ETF 0.9 95 -40 6.9 -0.8
FICS First Trust International Developed Capital Strength ETF 0.9 70 -15 6.3 -1.3
VIGI Vanguard International Dividend Appreciation ETF 0.9 10 45 5.7 -1.9
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.9 36 19 7.6 -0.1
IVAL Alpha Architect International Quantitative Value ETF 0.9 49 6 8.6 +0.9
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 0.9 88 -33 7.0 -0.6
FLKR Franklin FTSE South Korea ETF 0.9 9 46 5.0 -2.6
FDRR Fidelity Dividend ETF for Rising Rates 0.9 15 40 6.1 -1.6
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.9 38 17 7.2 -0.5
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 0.9 30 25 7.7 +0.1
AVEM Avantis Emerging Markets Equity ETF 0.9 33 22 6.9 -0.7
SCHE Schwab Emerging Markets Equity ETF 0.8 11 44 9.2 +1.6
ESGE iShares ESG Aware MSCI EM ETF 0.8 25 30 8.1 +0.5
CCNR ALPS CoreCommodity Natural Resources ETF 0.8 39 16 6.7 -0.9
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.8 15 40 8.1 +0.4
VWO Vanguard FTSE Emerging Markets ETF 0.8 7 48 8.8 +1.2
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.8 30 25 7.2 -0.4
EEM iShares MSCI Emerging Markets ETF 0.8 69 -14 7.7 +0.0
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.8 66 -11 7.3 -0.3
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.8 59 -4 7.1 -0.5
IEMG iShares Core MSCI Emerging Markets ETF 0.8 9 46 8.1 +0.5
ARKF ARK Fintech Innovation ETF 0.8 75 -20 0.1 -7.5
SPEM SPDR Portfolio Emerging Markets ETF 0.8 7 48 9.0 +1.3
FEM First Trust Emerging Markets AlphaDEX Fund 0.8 80 -25 9.6 +2.0
FINX Global X FinTech ETF 0.8 68 -13 2.9 -4.8
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 0.8 75 -20 5.2 -2.4
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.8 45 10 8.0 +0.4
EWY iShares MSCI South Korea ETF 0.7 58 -3 4.3 -3.4
EXI iShares Global Industrials ETF 0.7 42 13 3.6 -4.0
DFE WisdomTree Europe SmallCap Dividend Fund 0.7 58 -3 6.9 -0.7
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.7 42 13 8.3 +0.6
MJSC MUFG Japan Small Cap Active ETF 0.7 85 -30 5.1 -2.6
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 0.7 60 -5 3.2 -4.5
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.7 42 13 5.5 -2.2
EWK iShares MSCI Belgium ETF 0.7 50 5 3.8 -3.8
OGIG ALPS O'Shares Global Internet Giants ETF 0.7 48 7 2.0 -5.6
SIL Global X Silver Miners ETF 0.7 65 -10 1.1 -6.6
IBUY Amplify Online Retail ETF 0.6 65 -10 1.4 -6.2
EDEN iShares MSCI Denmark ETF 0.6 53 2 5.3 -2.3
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 0.6 90 -35 4.2 -3.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.6 12 43 4.3 -3.3
DFAE Dimensional Emerging Core Equity Market ETF 0.6 35 20 7.1 -0.5
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.6 70 -15 6.5 -1.2
CZAR Themes Natural Monopoly ETF 0.6 35 20 4.9 -2.8
NXTG First Trust Indxx NextG ETF 0.6 70 -15 4.2 -3.4
FPXI First Trust International Equity Opportunities ETF 0.5 70 -15 3.3 -4.4
EMGF iShares Emerging Markets Equity Factor ETF 0.5 25 30 9.0 +1.4
BLES Inspire Global Hope ETF 0.5 61 -6 5.9 -1.7
NANR SPDR S&P North American Natural Resources ETF 0.5 35 20 6.2 -1.4
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.5 50 5 8.6 +0.9
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 0.5 95 -40 9.8 +2.2
SUPL ProShares Supply Chain Logistics ETF 0.5 58 -3 9.2 +1.5
BOAT SonicShares Global Shipping ETF 0.5 69 -14 23.4 +15.7
BPAY BlackRock Future Financial and Technology ETF 0.5 70 -15 6.0 -1.6
CRTC Xtrackers US National Critical Technologies ETF 0.5 35 20 4.1 -3.6
PICK iShares MSCI Global Metals & Mining Producers ETF 0.4 39 16 7.9 +0.2
DFEV Dimensional Emerging Markets Value ETF 0.4 43 12 9.9 +2.2
KXI iShares Global Consumer Staples ETF 0.4 41 14 5.1 -2.5
EWA iShares MSCI Australia ETF 0.4 50 5 5.2 -2.5
XT iShares Exponential Technologies ETF 0.4 46 9 4.1 -3.5
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.4 70 -15 3.2 -4.5
AVXC Avantis Emerging Markets Ex-China Equity ETF 0.4 33 22 6.5 -1.2
ECNS iShares MSCI China Small-Cap ETF 0.4 59 -4 8.7 +1.1
ACWV iShares MSCI Global Min Vol Factor ETF 0.4 20 35 5.3 -2.3
UEVM VictoryShares Emerging Markets Value Momentum ETF 0.4 45 10 9.0 +1.4
FLAU Franklin FTSE Australia ETF 0.3 9 46 5.6 -2.1
SMOG VanEck Low Carbon Energy ETF 0.3 61 -6 1.4 -6.3
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.3 10 45 6.2 -1.5
PSP Invesco Global Listed Private Equity ETF 0.3 106 -51 5.5 -2.1
KNCT Invesco Next Gen Connectivity ETF 0.3 40 15 3.8 -3.8
ISRA VanEck Israel ETF 0.3 59 -4 5.7 -2.0
FDIG Fidelity Crypto Industry and Digital Payments ETF 0.3 39 16 -0.8 -8.4
FLQS Franklin U.S. Small Cap Multifactor Index ETF 0.3 35 20 6.5 -1.1
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 0.3 86 -31 0.4 -7.2
FDLS Inspire Fidelis Multi Factor ETF 0.3 76 -21 4.0 -3.7
FLN First Trust Latin America AlphaDEX Fund 0.3 80 -25 9.1 +1.4
EWZ iShares MSCI Brazil ETF 0.3 58 -3 10.3 +2.7
GPT Intelligent Alpha Atlas ETF 0.3 69 -14 4.8 -2.9
PEX ProShares Global Listed Private Equity ETF 0.3 81 -26 10.8 +3.2
GPZ VanEck Alternative Asset Manager ETF 0.3 40 15 4.3 -3.3
AAUM Tema Alternative Asset Managers ETF 0.3 99 -44 3.1 -4.6
DEXC Dimensional Emerging Markets ex China Core EquityETF 0.3 53 2 5.8 -1.9
PXH Invesco FTSE RAFI Emerging Markets ETF 0.3 49 6 12.8 +5.2
SLX VanEck Steel ETF 0.3 56 -1 11.0 +3.3
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 0.3 32 23 5.1 -2.6
AIQ Global X Artificial Intelligence & Technology ETF 0.3 68 -13 2.9 -4.8
PRNT 3D Printing ETF 0.3 66 -11 1.7 -6.0
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.3 12 43 7.7 +0.1
ITEQ BlueStar Israel Technology ETF 0.2 75 -20 1.3 -6.4
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.2 58 -3 8.1 +0.5
IWO iShares Russell 2000 Growth ETF 0.2 24 31 0.6 -7.0
EWP iShares MSCI Spain ETF 0.2 50 5 5.7 -1.9
OBOR KraneShares MSCI One Belt One Road Index ETF 0.2 79 -24 6.6 -1.1
IPAV Global X Infrastructure Development ex-U.S. ETF 0.2 55 0 5.6 -2.0
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.2 39 16 13.6 +5.9
DVYE iShares Emerging Markets Dividend ETF 0.2 49 6 15.6 +7.9
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.2 79 -24 4.3 -3.3
GMET VanEck Green Metals ETF 0.2 63 -8 4.7 -3.0
CTEC Global X CleanTech ETF 0.2 50 5 0.6 -7.1
HYDR Global X Hydrogen ETF 0.2 50 5 -7.2 -14.8
BATT Amplify Lithium & Battery Technology ETF 0.2 59 -4 1.5 -6.2
FLLA Franklin FTSE Latin America ETF 0.2 19 36 10.3 +2.6
FLMX Franklin FTSE Mexico ETF 0.2 19 36 8.0 +0.4
EMM Global X Emerging Markets ex-China ETF 0.2 75 -20 5.3 -2.3
EWW iShares MSCI Mexico ETF 0.2 50 5 7.4 -0.3
RWX SPDR Dow Jones International Real Estate ETF 0.2 59 -4 6.3 -1.4
GLBL Pacer MSCI World Industry Advantage ETF 0.2 65 -10 3.5 -4.2
JADE JPMorgan Active Developing Markets Equity ETF 0.2 65 -10 6.1 -1.5
XC WisdomTree Emerging Markets Ex-China Fund 0.2 32 23 5.3 -2.3
VTWG Vanguard Russell 2000 Growth ETF 0.2 10 45 0.8 -6.9
MXI iShares Global Materials ETF 0.2 41 14 5.8 -1.9
RWO SPDR Dow Jones Global Real Estate ETF 0.2 50 5 6.6 -1.1
EWX SPDR S&P Emerging Markets Small Cap ETF 0.2 65 -10 7.0 -0.7
VFQY Vanguard U.S. Quality Factor ETF 0.2 13 42 5.3 -2.3
AWAY ETFMG Travel Tech ETF 0.1 76 -21 -0.1 -7.8
EMXC iShares MSCI Emerging Markets ex China ETF 0.1 25 30 5.5 -2.2
EVX VanEck Environmental Services ETF 0.1 55 0 2.2 -5.5
RNRG Global X Renewable Energy Producers ETF 0.1 66 -11 4.7 -2.9
FTRI First Trust Indxx Global Natural Resources Income ETF 0.1 70 -15 6.0 -1.6
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.1 39 16 4.3 -3.4
AZTD Aztlan Global Stock Selection DM SMID ETF 0.1 75 -20 5.1 -2.5
XCEM Columbia EM Core ex-China ETF 0.1 16 39 6.2 -1.4
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.1 80 -25 12.2 +4.6
IWM iShares Russell 2000 ETF 0.1 19 36 3.1 -4.5
RSSL Global X Russell 2000 ETF 0.1 8 47 3.1 -4.5
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.1 33 22 7.7 +0.1
VTWO Vanguard Russell 2000 ETF 0.1 7 48 3.3 -4.4
XCNY SPDR S&P Emerging Markets ex-China ETF 0.1 15 40 6.1 -1.6
RNEM First Trust Emerging Markets Equity Select ETF 0.1 75 -20 7.6 -0.0
TRFK Pacer Data and Digital Revolution ETF 0.1 60 -5 2.6 -5.1
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.1 24 31 5.9 -1.7
INQQ India Internet & Ecommerce ETF 0.1 86 -31 1.3 -6.3
EBIZ Global X E-Commerce ETF 0.1 50 5 3.5 -4.2
SMLF iShares U.S. SmallCap Equity Factor ETF 0.1 15 40 5.2 -2.4
ARVR First Trust Indxx Metaverse ETF 0.1 70 -15 3.5 -4.2
HERO Global X Video Games & Esports ETF 0.1 50 5 4.1 -3.5
NERD Roundhill Video Games ETF 0.1 50 5 6.2 -1.4
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.1 20 35 4.8 -2.9
EIS iShares MSCI Israel ETF 0.1 58 -3 6.1 -1.6
NVIR Horizon Kinetics Energy and Remediation ETF 0.1 85 -30 5.5 -2.2
PAWZ ProShares Pet Care ETF 0.1 50 5 3.5 -4.1
SNSR Global X Internet of Things ETF 0.0 68 -13 4.1 -3.5
IXJ iShares Global Healthcare ETF 0.0 42 13 5.8 -1.9
VFMO Vanguard U.S. Momentum Factor ETF 0.0 13 42 2.5 -5.2
VFVA Vanguard U.S. Value Factor ETF 0.0 13 42 9.4 +1.7
GGME Invesco Next Gen Media and Gaming ETF 0.0 60 -5 4.3 -3.3
UFO Procure Space ETF 0.0 75 -20 0.0 -7.6
FESM Fidelity Enhanced Small Cap ETF 0.0 28 27 2.8 -4.9
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.0 68 -13 5.9 -1.7
IXN iShares Global Tech ETF 0.0 41 14 2.8 -4.8
VRAI Virtus Real Asset Income ETF 0.0 55 0 9.3 +1.7
COLO Global X MSCI Colombia ETF 0.0 62 -7 14.9 +7.3
DEEP Roundhill Acquirers Deep Value ETF 0.0 80 -25 17.5 +9.9
IBAT iShares Energy Storage & Materials ETF 0.0 47 8 2.3 -5.4
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 34 3.1 -4.6
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 46 4.1 -3.5
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.0 39 16 2.7 -4.9
IWV iShares Russell 3000 ETF 0.0 20 35 4.1 -3.6
VTHR Vanguard Russell 3000 ETF 0.0 7 48 4.2 -3.5
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 16 5.9 -1.8

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:		 Invesco International BuyBack Achievers 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 10.3 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 55 bp
Equals: ALTAR Score 7.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

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