Invesco International BuyBack Achievers ETF
ALTAR
Score™		 11.0% info Recommen-
dation		 SPECULATIVE
2024E    2025E
P/E
ratio		 8.9x P/Sales
ratio		 0.7x
P/BV
ratio		 1.0x Div.
yield		 4.2%


  • 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) $94
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 101
Wgt avg mkt cap (mns) $66,083
Large cap (>$10bn) 77.0%
Mid cap ($2-10bn) 17.4%
Small cap (<$2bn) 5.6%
Developed mkts 92.0%
Emerging mkts 8.0%

TOP TEN HOLDINGS
CRH PLC 5.6 %
SHELL PLC 5.3 %
UNICREDIT S.P.A. 5.0 %
TOTAL SA 4.9 %
BNP PARIBAS 4.9 %
BP PLC 4.8 %
ING GROEP NV 4.6 %
ALIBABA GROUP HOLDING LTD. 4.2 %
NASPERS LTD 3.3 %
NATWEST GROUP PLC 2.8 %
Total 45.3 %

TOP COUNTRY EXPOSURE
BRITAIN 25.5 %
JAPAN 17.4 %
FRANCE 11.1 %
NETHERLANDS 5.9 %
IRELAND 5.9 %
CANADA 5.4 %
ITALY 5.1 %
CHINA 4.2 %
DENMARK 3.2 %
AUSTRALIA 2.7 %

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.
14.3% 28.3% 9.5% 8.3% 7.9%

Market Correlations
versus... Beta R-squared
S&P500 0.78 62%
MSCI EAFE 0.92 89%
MSCI Emg. Mkts. 0.77 62%

Technical Indicators
Recent close $41.08
30d moving avg. $42.31
Annualized volatility 17.2%
Short interest (ETF) 1.0%
Relative strength (RSI) 50

Liquidity measures
Avg. volume (thou.) 10
Turnover 0.4%
Bid/Ask (% of price) 0.24%
ADV underlying (mns) $5,353

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 455 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™: 11.0%


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
(%)
EQIN Columbia US Equity Income ETF 18.0 35 20 8.3 -2.7
FLGB Franklin FTSE United Kingdom ETF 16.7 9 46 7.9 -3.1
FKU First Trust United Kingdom AlphaDEX Fund 16.4 80 -25 8.5 -2.5
FILL iShares MSCI Global Energy Producers ETF 15.4 39 16 9.6 -1.4
EWU iShares MSCI United Kingdom ETF 15.3 50 5 8.4 -2.6
IXC iShares Global Energy ETF 14.9 44 11 8.7 -2.3
EUFN iShares MSCI Europe Financials ETF 14.1 51 4 8.1 -2.9
FYLD Cambria Foreign Shareholder Yield ETF 13.0 59 -4 13.6 +2.6
RFDI First Trust Riverfront Dynamic Developed International ETF 12.4 83 -28 10.0 -1.1
FDD First Trust Stoxx European Select Dividend Index Fund 11.5 58 -3 13.6 +2.6
IVLU iShares MSCI Intl Value Factor ETF 11.2 30 25 11.4 +0.4
GNR SPDR S&P Global Natural Resources ETF 10.7 40 15 9.7 -1.3
FEP First Trust Europe AlphaDEX Fund 10.5 80 -25 7.8 -3.2
EFV iShares MSCI EAFE Value ETF 10.1 34 21 9.4 -1.6
IDV iShares International Select Dividend ETF 10.0 51 4 12.2 +1.2
CID VictoryShares International High Div Volatility Wtd ETF 9.9 45 10 11.9 +0.9
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 9.9 45 10 8.9 -2.1
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 9.8 46 9 9.3 -1.7
DTH WisdomTree International High Dividend Fund 9.8 58 -3 10.1 -0.9
FIVA Fidelity International Value Factor ETF 9.6 18 37 10.2 -0.8
DFIV Dimensional International Value ETF 9.4 27 28 10.0 -1.1
FEZ SPDR EURO STOXX 50 ETF 9.4 29 26 6.8 -4.2
FNDF Schwab Fundamental International Large Co. Index ETF 9.1 25 30 9.9 -1.2
ICOW Pacer Developed Markets International Cash Cows 100 ETF 9.0 65 -10 12.8 +1.7
EWQ iShares MSCI France ETF 8.9 53 2 6.3 -4.7
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 8.8 25 30 7.2 -3.9
BBEU JPMorgan BetaBuilders Europe ETF 8.5 9 46 7.1 -3.9
IEV iShares Europe ETF 8.4 67 -12 6.6 -4.4
UIVM VictoryShares International Value Momentum ETF 8.4 35 20 11.0 0.0
DOL WisdomTree International LargeCap Dividend Fund 8.3 48 7 7.9 -3.1
JHMD John Hancock Multifactor Developed International ETF 8.1 39 16 7.8 -3.3
RFEU First Trust Riverfront Dynamic Europe ETF 8.1 83 -28 11.1 +0.1
DBEU Xtrackers MSCI Europe Hedged Equity ETF 8.1 46 9 6.5 -4.6
QINT American Century Quality Diversified International ETF 8.1 39 16 7.7 -3.3
IQIN IQ 500 International ETF 7.9 25 30 9.2 -1.8
FLEE Franklin FTSE Europe ETF 7.9 9 46 7.2 -3.9
FDT First Trust Developed Markets ex-US AlphaDEX Fund 7.9 80 -25 9.1 -2.0
VGK Vanguard FTSE Europe ETF 7.8 11 44 7.1 -4.0
DWMF WisdomTree International Multifactor Fund 7.7 38 17 7.4 -3.6
JIRE JPMorgan International Research Enhanced Equity ETF 7.7 24 31 7.1 -3.9
IEUR iShares Core MSCI Europe ETF 7.6 11 44 7.1 -4.0
JPIN J.P. Morgan Diversified Return International Equity ETF 7.5 37 18 8.9 -2.2
RODM Hartford Multifactor Developed Markets (ex-US) ETF 7.3 29 26 8.6 -2.4
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 7.2 40 15 7.9 -3.1
FJP First Trust Japan AlphaDEX Fund 7.2 80 -25 10.3 -0.7
FIDI Fidelity International High Dividend ETF 7.2 18 37 10.9 -0.1
DWM WisdomTree International Equity Fund 7.1 48 7 8.0 -3.1
LVHI Franklin International Low Volatility High Dividend Index ET 7.0 40 15 10.1 -0.9
IVAL Alpha Architect International Quantitative Value ETF 6.8 49 6 9.5 -1.5
SPEU SPDR Portfolio Europe ETF 6.7 7 48 7.1 -4.0
EZU iShares MSCI Eurozone ETF 6.6 52 3 6.6 -4.4
OAIM OneAscent International Equity ETF 6.6 95 -40 5.1 -5.9
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 6.6 45 10 6.5 -4.5
VYMI Vanguard International High Dividend Yield ETF 6.5 22 33 9.8 -1.2
FLEU Franklin FTSE Eurozone ETF 6.5 9 46 7.3 -3.7
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 6.3 9 46 9.9 -1.1
INTF iShares International Equity Factor ETF 6.1 15 40 8.2 -2.9
GSIE Goldman Sachs ActiveBeta International Equity ETF 6.1 25 30 7.2 -3.8
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 6.0 20 35 6.9 -4.1
CEFA Global X S&P Catholic Values Developed ex-US ETF 6.0 35 20 6.6 -4.4
EWN iShares MSCI Netherlands ETF 5.9 50 5 5.1 -5.9
GSID Goldman Sachs MarketBeta International Equity ETF 5.9 20 35 7.0 -4.1
CGIE Capital Group International Equity ETF 5.9 54 1 4.9 -6.1
HFXI IQ FTSE International Equity Currency Neutral ETF 5.9 20 35 7.1 -4.0
FENI Fidelity Enhanced International ETF 5.9 28 27 8.1 -3.0
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 5.9 24 31 8.7 -2.4
FEUZ First Trust Eurozone AlphaDEX ETF 5.8 80 -25 6.7 -4.4
RODE Hartford Multifactor Diversified International ETF 5.8 29 26 11.8 +0.7
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 5.8 36 19 6.6 -4.4
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 5.8 39 16 7.4 -3.6
EFA iShares MSCI EAFE ETF 5.7 35 20 6.9 -4.1
EFAS Global X MSCI SuperDividend EAFE ETF 5.7 57 -2 10.3 -0.8
QEFA SPDR MSCI EAFE StrategicFactors ETF 5.7 30 25 7.3 -3.8
STXI Strive International Developed Markets ETF 5.6 29 26 6.9 -4.1
FDEV Fidelity International Multifactor ETF 5.5 18 37 7.8 -3.2
DFAI Dimensional International Core Equity Market ETF 5.5 18 37 7.3 -3.7
ESGD iShares ESG Aware MSCI EAFE ETF 5.4 20 35 6.9 -4.1
IEFA iShares Core MSCI EAFE ETF 5.4 7 48 7.1 -3.9
BKIE BNY Mellon International Equity ETF 5.4 4 51 7.1 -3.9
IDOG ALPS International Sector Dividend Dogs ETF 5.3 50 5 12.8 +1.8
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 5.2 39 16 7.5 -3.5
DIVI Franklin International Core Dividend Tilt Index ETF 5.2 9 46 8.1 -2.9
SCHY Schwab International Dividend Equity ETF 5.1 14 41 9.3 -1.7
SCHF Schwab International Equity ETF 5.1 6 49 7.5 -3.6
EFAV iShares MSCI EAFE Min Vol Factor ETF 5.0 22 33 6.6 -4.5
EWI iShares MSCI Italy ETF 5.0 50 5 8.1 -2.9
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 5.0 14 41 6.2 -4.8
IDEV iShares Core MSCI International Developed Markets ETF 5.0 4 51 7.1 -3.9
SPDW SPDR Portfolio Developed World ex-US ETF 5.0 3 52 7.2 -3.8
PKB Invesco Building & Construction ETF 4.9 62 -7 6.1 -4.9
IQDE FlexShares International Quality Dividend Defensive Index ET 4.9 47 8 14.8 +3.8
VEA Vanguard FTSE Developed Markets ETF 4.8 5 50 7.3 -3.7
CIL VictoryShares International Volatility Wtd ETF 4.8 45 10 7.0 -4.0
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 4.8 51 4 7.1 -3.9
TTAI FCF International Quality ETF 4.8 59 -4 5.6 -5.4
VWID Virtus WMC International Dividend ETF 4.8 49 6 9.6 -1.5
IMTM iShares MSCI Intl Momentum Factor ETF 4.7 30 25 6.3 -4.7
IDMO Invesco S&P International Developed Momentum ETF 4.7 25 30 5.9 -5.1
HWAY Themes US Infrastructure ETF 4.7 29 26 6.2 -4.9
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 4.6 32 23 6.0 -5.1
CWI SPDR MSCI ACWI ex-US ETF 4.6 30 25 6.9 -4.1
DTAN Sparkline International Intangible Value ETF 4.4 55 0 9.2 -1.9
DIHP Dimensional International High Profitability ETF 4.4 29 26 7.6 -3.4
RSHO Tema American Reshoring ETF 4.4 75 -20 3.4 -7.7
JHID John Hancock International High Dividend ETF 4.3 46 9 11.3 +0.3
VEU Vanguard FTSE All-World ex-US Index Fund 4.3 8 47 7.3 -3.8
IDHQ Invesco S&P International Developed High Quality ETF 4.3 29 26 6.5 -4.6
ACWX iShares MSCI ACWI ex U.S. ETF 4.3 34 21 7.0 -4.1
NUDM Nuveen ESG International Developed Markets Equity ETF 4.3 31 24 6.7 -4.3
LDEM iShares ESG MSCI EM Leaders ETF 4.3 17 38 7.6 -3.4
BINV Brandes International ETF 4.3 70 -15 8.5 -2.5
PXH Invesco FTSE RAFI Emerging Markets ETF 4.3 49 6 12.2 +1.2
AIVI WisdomTree International AI Enhanced Value Fund 4.2 58 -3 8.5 -2.5
GXC SPDR S&P China ETF 4.2 59 -4 8.3 -2.7
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 4.2 41 14 7.4 -3.6
AGQI First Trust Active Global Quality Income ETF 4.2 85 -30 5.9 -5.2
CXSE WisdomTree China ex-State-Owned Enterprises Fund 4.2 32 23 6.1 -5.0
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 4.2 86 -31 1.6 -9.4
FLCH Franklin FTSE China ETF 4.2 19 36 8.8 -2.2
KALL KraneShares MSCI All China Index ETF 4.2 49 6 9.0 -2.0
KTEC KraneShares Hang Seng TECH Index ETF 4.2 69 -14 -3.6 -14.6
KWEB KraneShares CSI China Internet ETF 4.2 69 -14 -1.4 -12.4
MCH Matthews China Active ETF 4.2 79 -24 5.4 -5.6
JCHI JPMorgan Active China ETF 4.2 65 -10 8.0 -3.1
FDNI First Trust Dow Jones International Internet ETF 4.2 65 -10 2.1 -8.9
CHIQ Global X MSCI China Consumer Discretionary ETF 4.2 65 -10 5.9 -5.1
AIA iShares Asia 50 ETF 4.2 50 5 6.6 -4.4
EVLU iShares MSCI Emerging Markets Value Factor ETF 4.2 35 20 12.4 +1.4
FXI iShares China Large-Cap ETF 4.2 74 -19 8.2 -2.8
MCHI iShares MSCI China ETF 4.2 59 -4 8.4 -2.7
CGDG Capital Group Dividend Growers ETF 4.2 47 8 6.6 -4.4
VXUS Vanguard Total International Stock ETF 4.2 7 48 7.2 -3.8
TPIF Timothy Plan International ETF 4.2 62 -7 6.8 -4.2
GXUS Goldman Sachs MarketBeta Total International Equity ETF 4.2 18 37 7.0 -4.0
IQLT iShares MSCI Intl Quality Factor ETF 4.1 30 25 6.2 -4.8
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 4.1 80 -25 10.8 -0.2
VIDI Vident International Equity Strategy ETF 4.1 61 -6 10.2 -0.8
DIM WisdomTree International MidCap Dividend Fund 4.1 58 -3 7.7 -3.3
FMAT Fidelity MSCI Materials Index ETF 4.1 8 47 6.4 -4.6
IXUS iShares Core MSCI Total International Stock ETF 4.0 7 48 7.2 -3.8
BKF iShares MSCI BIC ETF 4.0 69 -14 6.9 -4.1
EQLT iShares MSCI Emerging Markets Quality Factor ETF 4.0 35 20 7.4 -3.6
BKCI BNY Mellon Concentrated International ETF 4.0 80 -25 4.2 -6.8
FINE Themes European Luxury ETF 4.0 35 20 -2.3 -13.3
TCHI iShares MSCI China Multisector Tech ETF 3.9 59 -4 1.9 -9.2
DFIC Dimensional International Core Equity 2 ETF 3.9 23 32 7.7 -3.3
IMOM Alpha Architect International Quantitative Momentum ETF 3.9 49 6 5.7 -5.3
AVDV Avantis International Small Cap Value ETF 3.8 36 19 8.1 -2.9
RXI iShares Global Consumer Discretionary ETF 3.8 41 14 5.4 -5.7
AVDE Avantis International Equity ETF 3.7 23 32 8.1 -3.0
DMDV AAM S&P Developed Markets High Dividend Value ETF 3.7 39 16 12.1 +1.0
ISCF iShares International SmallCap Equity Factor ETF 3.7 23 32 9.1 -1.9
CGXU Capital Group International Focus Equity ETF 3.7 54 1 4.9 -6.2
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 3.6 55 0 2.9 -8.2
DSTX Distillate International Fundamental Stability & Value ETF 3.6 55 0 8.0 -3.1
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 3.6 20 35 6.8 -4.2
EUDG WisdomTree Europe Quality Dividend Growth Fund 3.6 58 -3 6.5 -4.5
NTZG Nuveen Global Net Zero Transition ETF 3.6 56 -1 4.7 -6.3
AVIV Avantis International Large Cap Value ETF 3.5 25 30 9.0 -2.1
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 3.5 60 -5 0.5 -10.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 3.5 30 25 8.0 -3.1
GCOW Pacer Global Cash Cows Dividend ETF 3.5 60 -5 12.5 +1.5
IDLV Invesco S&P International Developed Low Volatility ETF 3.5 25 30 6.2 -4.8
GVAL Cambria Global Value ETF 3.4 68 -13 13.1 +2.1
ECON Columbia Emerging Markets Consumer ETF 3.4 49 6 7.3 -3.7
VSGX Vanguard ESG International Stock ETF 3.3 12 43 6.8 -4.3
KOCG FIS Knights of Columbus Global Belief ETF 3.3 75 -20 5.0 -6.0
RAYD Rayliant Quantitative Developed Market Equity ETF 3.3 80 -25 3.8 -7.2
EDEN iShares MSCI Denmark ETF 3.2 53 2 6.9 -4.1
SCJ iShares MSCI Japan Small-Cap ETF 3.2 50 5 7.0 -4.1
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 3.2 49 6 7.0 -4.1
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 3.2 80 -25 3.2 -7.8
FDVV Fidelity High Dividend ETF 3.2 15 40 8.7 -2.4
NUEM Nuveen ESG Emerging Markets Equity ETF 3.2 36 19 6.5 -4.6
MOTI VanEck Morningstar International Moat ETF 3.2 58 -3 5.9 -5.1
EWUS iShares MSCI United Kingdom Small Cap ETF 3.2 59 -4 5.8 -5.2
CCNR ALPS CoreCommodity Natural Resources ETF 3.1 39 16 11.0 +0.0
DFIS Dimensional International Small Cap ETF 3.1 39 16 6.9 -4.1
WLDR Affinity World Leaders Equity ETF 3.1 67 -12 8.1 -2.9
IEUS iShares MSCI Europe Small-Cap ETF 3.0 42 13 6.4 -4.6
MOTG VanEck Morningstar Global Wide Moat ETF 3.0 52 3 5.6 -5.4
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 3.0 20 35 6.5 -4.5
GDVD R3 Global Dividend Growth ETF 3.0 88 -33 5.5 -5.5
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 3.0 25 30 8.6 -2.5
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 2.9 39 16 12.5 +1.5
SCZ iShares MSCI EAFE Small-Cap ETF 2.9 40 15 6.6 -4.4
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 2.9 80 -25 5.6 -5.4
IQDF FlexShares International Quality Dividend Index Fund 2.9 47 8 12.9 +1.9
IQDG WisdomTree International Quality Dividend Growth Fund 2.8 42 13 6.8 -4.3
FNDC Schwab Fundamental International Small Co. Index ETF 2.8 39 16 7.2 -3.8
DISV Dimensional International Small Cap Value ETF 2.8 42 13 9.1 -1.9
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 2.8 58 -3 6.4 -4.7
DGT SPDR Global Dow ETF 2.8 50 5 6.8 -4.2
IXG iShares Global Financials ETF 2.8 42 13 6.2 -4.8
SCHC Schwab International Small-Cap Equity ETF 2.8 11 44 6.6 -4.5
DIVZ TrueShares Low Volatility Equity Income ETF 2.7 65 -10 7.2 -3.8
SCHE Schwab Emerging Markets Equity ETF 2.7 11 44 7.1 -3.9
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.7 47 8 9.4 -1.7
AVSD Avantis Responsible International Equity ETF 2.7 23 32 7.1 -3.9
EEMA iShares MSCI Emerging Markets Asia ETF 2.7 49 6 6.5 -4.5
EWJV iShares MSCI Japan Value ETF 2.6 15 40 10.2 -0.9
MEM Matthews Emerging Markets Equity Active ETF 2.6 79 -24 5.4 -5.6
NORW Global X MSCI Norway ETF 2.5 50 5 7.6 -3.5
ENOR iShares MSCI Norway ETF 2.5 53 2 7.5 -3.5
AAXJ iShares MSCI All Country Asia ex Japan ETF 2.4 70 -15 6.2 -4.9
DEW WisdomTree Global High Dividend Fund 2.4 58 -3 8.5 -2.5
BDIV AAM Brentview Dividend Growth ETF 2.4 49 6 4.4 -6.6
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 2.4 30 25 7.3 -3.7
DLS WisdomTree International SmallCap Dividend Fund 2.4 58 -3 8.8 -2.2
OCEN IQ Clean Oceans ETF 2.4 45 10 6.1 -5.0
EMGF iShares Emerging Markets Equity Factor ETF 2.4 25 30 8.5 -2.5
GMF SPDR S&P Emerging Asia Pacific ETF 2.3 49 6 6.1 -4.9
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 2.3 32 23 6.2 -4.8
SEA U.S. Global Sea to Sky Cargo ETF 2.3 60 -5 21.5 +10.5
ESGE iShares ESG Aware MSCI EM ETF 2.3 25 30 7.1 -3.9
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 2.3 42 13 8.1 -3.0
GWX SPDR S&P International Small Cap ETF 2.3 40 15 6.5 -4.6
AZTD Aztlan Global Stock Selection DM SMID ETF 2.3 75 -20 7.8 -3.3
VWO Vanguard FTSE Emerging Markets ETF 2.2 8 47 6.9 -4.1
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 2.2 15 40 7.2 -3.8
DWX SPDR S&P International Dividend ETF 2.2 45 10 6.5 -4.6
JGLO JPMorgan Global Select Equity ETF 2.2 33 22 4.5 -6.6
FLAX Franklin FTSE Asia Ex Japan ETF 2.2 19 36 6.9 -4.2
MINV Matthews Asia Innovators Active ETF 2.2 79 -24 3.0 -8.0
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 2.2 95 -40 10.5 -0.5
POWA Invesco Bloomberg Pricing Power ETF 2.2 40 15 5.6 -5.4
DFSI Dimensional International Sustainability Core 1 ETF 2.2 24 31 6.5 -4.6
EEM iShares MSCI Emerging Markets ETF 2.2 69 -14 6.9 -4.1
CRAK VanEck Oil Refiners ETF 2.2 61 -6 14.7 +3.7
EWP iShares MSCI Spain ETF 2.2 50 5 8.4 -2.7
SHPP Pacer Industrials and Logistics ETF 2.1 60 -5 9.9 -1.2
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 2.1 7 48 6.7 -4.3
FLJP Franklin FTSE Japan ETF 2.1 9 46 7.8 -3.2
BBJP JPMorgan BetaBuilders Japan ETF 2.1 19 36 7.8 -3.2
FLJH Franklin FTSE Japan Hedged ETF 2.1 9 46 7.7 -3.4
IQSI IQ Candriam International Equity ETF 2.1 15 40 6.6 -4.4
EMFQ Amplify Emerging Markets FinTech ETF 2.1 69 -14 5.3 -5.8
CRUZ Defiance Hotel Airline and Cruise ETF 2.0 45 10 -4.6 -15.6
ESGG FlexShares STOXX Global ESG Select Index Fund 2.0 42 13 5.1 -5.9
DBJP Xtrackers MSCI Japan Hedged Equity ETF 2.0 47 8 7.4 -3.7
JPXN iShares JPX-Nikkei 400 ETF 2.0 48 7 8.7 -2.3
SPEM SPDR Portfolio Emerging Markets ETF 2.0 7 48 7.3 -3.7
FICS First Trust International Developed Capital Strength ETF 2.0 70 -15 5.3 -5.7
EWJ iShares MSCI Japan ETF 2.0 50 5 8.0 -3.1
IMFL Invesco International Developed Dynamic Multifactor ETF 2.0 34 21 5.9 -5.1
IEMG iShares Core MSCI Emerging Markets ETF 1.9 9 46 7.5 -3.6
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 1.9 36 19 7.8 -3.2
GVIP Goldman Sachs Hedge Industry VIP ETF 1.9 45 10 4.8 -6.3
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 1.9 66 -11 10.0 -1.0
TOKE Cambria Cannabis ETF 1.9 42 13 1.8 -9.2
EMC Global X Emerging Markets Great Consumer ETF 1.9 75 -20 4.5 -6.5
LUXX Roundhill S&P Global Luxury ETF 1.9 45 10 2.9 -8.2
GLOF iShares Global Equity Factor ETF 1.9 20 35 7.0 -4.0
BKEM BNY Mellon Emerging Markets Equity ETF 1.9 11 44 8.4 -2.7
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 1.8 59 -4 11.3 +0.3
MDEV First Trust Indxx Medical Devices ETF 1.8 70 -15 4.3 -6.7
IVES Wedbush ETFMG Global Cloud Technology ETF 1.8 68 -13 5.8 -5.3
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 1.8 12 43 5.9 -5.2
DMXF iShares ESG Advanced MSCI EAFE ETF 1.8 12 43 5.5 -5.5
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 1.8 45 10 11.0 -0.1
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 1.8 33 22 8.2 -2.8
ANEW ProShares MSCI Transformational Changes ETF 1.7 45 10 3.6 -7.5
LNGG Roundhill Alerian LNG ETF 1.7 65 -10 9.1 -1.9
DFEV Dimensional Emerging Markets Value ETF 1.7 43 12 11.1 +0.0
FLV American Century Focused Large Cap Value ETF 1.7 42 13 6.4 -4.6
BIGFX Baron International Growth Retail 1.7 75 -20 3.1 -7.9
AIVC Amplify Bloomberg AI Value Chain ETF 1.7 59 -4 5.8 -5.2
DFAE Dimensional Emerging Core Equity Market ETF 1.7 35 20 7.3 -3.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.7 9 46 5.4 -5.7
IPAC iShares Core MSCI Pacific ETF 1.7 9 46 7.2 -3.8
QWLD SPDR MSCI World StrategicFactors ETF 1.6 30 25 5.9 -5.1
METV Roundhill Ball Metaverse ETF 1.6 59 -4 3.4 -7.7
IOO iShares Global 100 ETF 1.6 41 14 4.8 -6.2
KOKU Xtrackers MSCI Kokusai Equity ETF 1.6 9 46 5.2 -5.8
DFJ WisdomTree Japan SmallCap Dividend Fund 1.5 58 -3 7.9 -3.1
EIPX FT Energy Income Partners Strategy ETF 1.5 95 -40 6.0 -5.0
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 1.5 80 -25 7.6 -3.4
AIRL Themes Airlines ETF 1.5 35 20 -16.7 -27.7
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.5 56 -1 13.5 +2.5
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 1.5 58 -3 7.8 -3.2
CZAR Themes Natural Monopoly ETF 1.5 35 20 6.3 -4.8
ACWI iShares MSCI ACWI ETF 1.5 32 23 5.3 -5.7
VPL Vanguard FTSE Pacific ETF 1.5 8 47 7.7 -3.3
VT Vanguard Total World Stock ETF 1.5 7 48 5.5 -5.5
CGDV Capital Group Dividend Value ETF 1.5 33 22 5.6 -5.4
JIG JPMorgan International Growth ETF 1.5 55 0 4.6 -6.4
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.4 65 -10 8.2 -2.9
LUX Tema Luxury ETF 1.4 75 -20 3.0 -8.0
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 1.4 41 14 7.4 -3.6
URTH iShares MSCI World ETF 1.4 24 31 5.2 -5.8
EWD iShares MSCI Sweden ETF 1.3 54 1 6.6 -4.4
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.3 38 17 7.8 -3.2
TOK iShares MSCI Kokusai ETF 1.3 26 29 5.0 -6.0
KLMT Invesco MSCI Global Climate 500 ETF 1.3 10 45 5.4 -5.6
JHEM John Hancock Multifactor Emerging Markets ETF 1.3 49 6 8.2 -2.9
FDEM Fidelity Emerging Markets Multifactor ETF 1.3 25 30 12.3 +1.3
FDRR Fidelity Dividend ETF for Rising Rates 1.3 15 40 7.4 -3.6
EFG iShares MSCI EAFE Growth ETF 1.2 36 19 4.5 -6.5
EWC iShares MSCI Canada ETF 1.2 50 5 6.5 -4.5
CHAT Roundhill Generative AI & Technology ETF 1.2 75 -20 3.8 -7.2
JSTC Adasina Social Justice All Cap Global ETF 1.2 89 -34 4.9 -6.1
DXJ WisdomTree Japan Hedged Equity Fund 1.2 48 7 8.5 -2.5
CGV Conductor Global Equity Value ETF 1.1 130 -75 10.9 -0.1
WRND IQ Global Equity R&D Leaders ETF 1.1 18 37 7.5 -3.5
DSTL Distillate US Fundamental Stability & Value ETF 1.0 39 16 7.6 -3.5
ISHP First Trust Nasdaq Retail ETF 1.0 60 -5 2.9 -8.2
SUPL ProShares Supply Chain Logistics ETF 1.0 58 -3 14.2 +3.2
BOAT SonicShares Global Shipping ETF 1.0 69 -14 34.8 +23.8
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.0 20 35 5.2 -5.9
HEDJ WisdomTree Europe Hedged Equity Fund 1.0 58 -3 9.5 -1.6
KNO AXS Knowledge Leaders ETF 1.0 78 -23 4.9 -6.1
EWK iShares MSCI Belgium ETF 1.0 50 5 7.9 -3.1
JXI iShares Global Utilities ETF 1.0 43 12 5.9 -5.1
WWJD Inspire International ETF 1.0 80 -25 7.3 -3.7
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF 0.9 69 -14 8.1 -2.9
DFE WisdomTree Europe SmallCap Dividend Fund 0.9 58 -3 10.7 -0.3
RGEF Rockefeller Global Equity ETF 0.9 55 0 5.0 -6.1
REVS Columbia Research Enhanced Value ETF 0.9 19 36 7.4 -3.7
FPAG FPA Global Equity ETF 0.9 49 6 5.4 -5.6
KXI iShares Global Consumer Staples ETF 0.8 41 14 5.7 -5.3
AIEQ AI Powered Equity ETF 0.8 75 -20 3.9 -7.2
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.8 30 25 8.1 -2.9
NVIR Horizon Kinetics Energy and Remediation ETF 0.8 85 -30 1.5 -9.5
BUYZ Franklin Disruptive Commerce ETF 0.8 50 5 1.8 -9.2
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 0.8 65 -10 4.3 -6.7
IBUY Amplify Online Retail ETF 0.7 65 -10 1.4 -9.7
MJ ETFMG Alternative Harvest 0.7 75 -20 -42.4 -53.4
FEM First Trust Emerging Markets AlphaDEX Fund 0.7 80 -25 13.0 +2.0
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 0.7 58 -3 9.2 -1.8
MAGA Point Bridge America First ETF 0.7 72 -17 5.6 -5.4
CGGO Capital Group Global Growth Equity ETF 0.7 47 8 4.6 -6.5
CRTC Xtrackers US National Critical Technologies ETF 0.7 35 20 5.1 -6.0
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.7 46 9 4.9 -6.1
FLAU Franklin FTSE Australia ETF 0.6 9 46 5.4 -5.6
IWTR iShares MSCI Water Management Multisector ETF 0.6 47 8 5.0 -6.0
EXI iShares Global Industrials ETF 0.6 42 13 4.5 -6.5
GINN Goldman Sachs Innovate Equity ETF 0.6 52 3 2.8 -8.3
WISE Themes Generative Artificial Intelligence ETF 0.6 35 20 0.5 -10.5
BJK VanEck Gaming ETF 0.6 65 -10 1.4 -9.6
ISRA VanEck Israel ETF 0.5 59 -4 8.0 -3.0
NANR SPDR S&P North American Natural Resources ETF 0.5 35 20 7.4 -3.6
FELV Fidelity Enhanced Large Cap Value ETF 0.5 18 37 6.4 -4.6
EIPI FT Energy Income Partners Enhanced Income ETF 0.5 110 -55 5.1 -5.9
OEUR ALPS O'Shares Europe Quality Dividend ETF 0.5 48 7 5.7 -5.3
CGUS Capital Group Core Equity ETF 0.5 33 22 4.4 -6.6
PATN Pacer Nasdaq International Patent Leaders ETF 0.5 65 -10 6.5 -4.5
MVPS Amplify Thematic All-Stars ETF 0.5 49 6 2.7 -8.4
JETS U.S. Global Jets ETF 0.5 60 -5 -13.3 -24.3
RECS Columbia Research Enhanced Core ETF 0.5 15 40 5.5 -5.6
BLES Inspire Global Hope ETF 0.5 61 -6 6.4 -4.6
ROAM Hartford Multifactor Emerging Markets ETF 0.5 44 11 15.8 +4.8
STCE Schwab Crypto Thematic ETF 0.4 30 25 -1.6 -12.6
FID First Trust S&P International Dividend Aristocrats ETF 0.4 60 -5 9.0 -2.1
WDIV SPDR S&P Global Dividend ETF 0.4 40 15 9.4 -1.7
SDIV Global X Superdividend ETF 0.4 58 -3 14.9 +3.9
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.4 68 -13 2.1 -8.9
GFOF Grayscale Future of Finance ETF 0.4 70 -15 -0.7 -11.7
ITEQ BlueStar Israel Technology ETF 0.4 75 -20 1.2 -9.9
DEUS Xtrackers Russell US Multifactor ETF 0.4 17 38 6.9 -4.1
EDOG ALPS Emerging Sector Dividend Dogs ETF 0.4 60 -5 13.4 +2.4
EZA iShares MSCI South Africa ETF 0.4 58 -3 10.3 -0.7
EWA iShares MSCI Australia ETF 0.4 50 5 4.9 -6.2
FTAG First Trust Indxx Global Agriculture ETF 0.4 70 -15 9.7 -1.4
MOO VanEck Agribusiness ETF 0.4 53 2 9.7 -1.3
VEGI iShares MSCI Agriculture Producers ETF 0.4 39 16 9.2 -1.8
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 0.4 68 -13 8.2 -2.8
VIGI Vanguard International Dividend Appreciation ETF 0.4 15 40 6.4 -4.6
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.3 70 -15 7.7 -3.3
AFK VanEck Africa Index ETF 0.3 98 -43 9.1 -2.0
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.3 12 43 4.8 -6.2
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.3 29 26 4.3 -6.7
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 0.3 32 23 6.9 -4.2
IHAK iShares Cybersecurity & Tech ETF 0.3 47 8 3.2 -7.8
FIXT Procure Disaster Recovery Strategy ETF 0.3 75 -20 5.8 -5.2
IGRO iShares International Dividend Growth ETF 0.3 15 40 7.5 -3.5
FGM First Trust Germany AlphaDEX Fund 0.3 80 -25 6.0 -5.0
SOCL Global X Social Media ETF 0.3 65 -10 -6.4 -17.4
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.3 15 40 4.9 -6.1
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.3 39 16 -1.7 -12.7
IXJ iShares Global Healthcare ETF 0.3 42 13 6.5 -4.5
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.3 58 -3 10.2 -0.8
EPP iShares MSCI Pacific ex-Japan ETF 0.2 47 8 4.9 -6.1
GVUS Marketbeta Russell 1000 Value Equity ETF 0.2 12 43 6.2 -4.8
GGME Invesco Next Gen Media and Gaming ETF 0.2 60 -5 3.5 -7.5
FLQL Franklin LibertyQ U.S. Equity ETF 0.2 15 40 5.9 -5.1
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.2 9 46 4.9 -6.1
DEM WisdomTree Emerging Markets High Dividend Fund 0.2 63 -8 18.9 +7.8
DEHP Dimensional Emerging Markets High Profitability ETF 0.2 41 14 5.0 -6.0
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.2 9 46 5.8 -5.3
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.2 10 45 5.1 -5.9
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 0.2 44 11 10.6 -0.4
STXV Strive 1000 Value ETF 0.2 18 37 7.5 -3.5
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.2 19 36 6.2 -4.8
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 0.2 18 37 6.8 -4.2
GDEF Goldman Sachs Defensive Equity ETF 0.2 55 0 4.7 -6.3
XMAG Defiance Large Cap ex-Mag 7 ETF 0.2 35 20 5.1 -5.9
HAP VanEck Natural Resources ETF 0.2 50 5 10.0 -1.1
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.2 80 -25 12.3 +1.3
EPOL iShares MSCI Poland ETF 0.2 59 -4 12.9 +1.9
EDIV SPDR S&P Emerging Markets Dividend ETF 0.2 49 6 12.0 +1.0
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.2 19 36 5.4 -5.6
ION ProShares S&P Global Core Battery Metals ETF 0.2 58 -3 15.5 +4.5
FLLA Franklin FTSE Latin America ETF 0.2 19 36 13.2 +2.1
FLMX Franklin FTSE Mexico ETF 0.2 19 36 16.2 +5.2
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 0.2 40 15 8.3 -2.7
EELV Invesco S&P Emerging Markets Low Volatility ETF 0.2 29 26 8.7 -2.3
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.2 7 48 5.0 -6.1
EWX SPDR S&P Emerging Markets Small Cap ETF 0.2 65 -10 8.2 -2.9
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.2 24 31 9.2 -1.8
EIS iShares MSCI Israel ETF 0.2 58 -3 8.5 -2.5
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.2 10 45 5.3 -5.7
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.2 15 40 10.2 -0.8
ACWV iShares MSCI Global Min Vol Factor ETF 0.1 20 35 6.3 -4.7
EIRL iShares MSCI Ireland ETF 0.1 50 5 7.1 -3.9
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.1 50 5 13.0 +2.0
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.1 32 23 4.8 -6.2
INQQ India Internet & Ecommerce ETF 0.1 86 -31 2.6 -8.5
DFLV Dimensional US Large Cap Value ETF 0.1 22 33 7.4 -3.6
PBUS Invesco MSCI USA ETF 0.1 4 51 5.0 -6.1
STRV Strive 500 ETF 0.1 5 50 4.9 -6.1
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.1 70 -15 3.5 -7.5
DFUV Dimensional US Marketwide Value ETF 0.1 22 33 7.2 -3.9
DFUS Dimensional U.S. Equity ETF 0.1 9 46 4.9 -6.2
RVRB Reverb ETF 0.1 30 25 4.7 -6.4
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.1 2 53 5.0 -6.0
BKLC BNY Mellon US Large Cap Core Equity ETF 0.1 0 55 5.0 -6.0
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.1 7 48 4.9 -6.1
VOTE TCW Transform 500 ETF 0.1 5 50 4.9 -6.1
AVEM Avantis Emerging Markets Equity ETF 0.1 33 22 8.9 -2.2
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 11 44 4.9 -6.1
SNSR Global X Internet of Things ETF 0.1 68 -13 4.6 -6.4
FELC Fidelity Enhanced Large Cap Core ETF 0.1 18 37 5.3 -5.7
EMXF iShares ESG Advanced MSCI EM ETF 0.1 16 39 6.8 -4.2
FLKR Franklin FTSE South Korea ETF 0.1 9 46 10.6 -0.4
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.1 25 30 5.2 -5.8
SFY SoFi Select 500 ETF 0.1 0 55 4.5 -6.6
STXG Strive 1000 Growth ETF 0.1 18 37 4.1 -7.0
AVES Avantis Emerging Markets Value ETF 0.1 36 19 11.6 +0.6
XC WisdomTree Emerging Markets Ex-China Fund 0.1 32 23 6.0 -5.1
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 8 5.5 -5.6
ECNS iShares MSCI China Small-Cap ETF 0.1 59 -4 14.2 +3.1
RNEM First Trust Emerging Markets Equity Select ETF 0.1 75 -20 7.6 -3.5
AVUS Avantis U.S. Equity ETF 0.1 15 40 5.6 -5.4
FBCG Fidelity Blue Chip Growth ETF 0.1 59 -4 2.8 -8.2
EMXC iShares MSCI Emerging Markets ex China ETF 0.1 25 30 6.7 -4.3
EQAL Invesco Russell 1000 Equal Weight ETF 0.1 20 35 6.3 -4.8
XCNY SPDR S&P Emerging Markets ex-China ETF 0.1 15 40 6.3 -4.7
GLBL Pacer MSCI World Industry Advantage ETF 0.1 65 -10 4.7 -6.3
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.1 9 46 5.4 -5.6
FRDM Freedom 100 Emerging Markets ETF 0.0 49 6 7.3 -3.8
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 38 5.3 -5.7
DFAU Dimensional US Core Equity Market ETF 0.0 12 43 5.0 -6.0
DCOR Dimensional US Core Equity 1 ETF 0.0 14 41 5.3 -5.7
DFVX Dimensional US Large Cap Vector ETF 0.0 22 33 6.1 -4.9
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 34 3.8 -7.2

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

  2019 2020 2021 2022 2023 2024E 2025E
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
  2023 2024E 2025E
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 11.0 %
Divided by: Fwd. P/BV 1.0 x
Less: Expense ratio 55 bp
Equals: ALTAR Score 11.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.60 CATEGORY
AVERAGE		 1.60
 
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.