iShares Edge MSCI Intl Quality Factor ETF
ALTAR
Score™		 5.1% info Recommen-
dation		 UNDERWEIGHT
2021E    2022E
P/E
ratio		 20.1x P/Sales
ratio		 2.3x
P/BV
ratio		 2.9x Div.
yield		 2.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares MSCI International Developed Quality Factor ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track an index that measures the performance of international developed large and mid capitalization stocks exhibiting relatively higher quality characteristics as identified through three fundamental variables: ROE, earnings varilability & debt-to-equity.

FUND BASICS
Category International Equities
Fund Sponsor BlackRock Fund Advisors
Website www.ishares.com
Inception date Jan 13, 2015
Assets (mns) $3,137
Currency USD
Expense ratio 30 bp
Distributions Semi-Annually

FUND STRUCTURE
Regulation Open-End Investment Company
Custodian State Street Bank & Trust Co
Weighting Multi-Factor
Index replication Not Applicable
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 296
Wgt avg mkt cap (mns) $89,045
Large cap (>$10bn) 90.9%
Mid cap ($2-10bn) 8.6%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ASML HOLDING NV 4.1 %
ROCHE HOLDING AG-GENUSSCHEIN 3.8 %
NESTLE SA-REG 3.3 %
LVMH MOET HENNESSY LOUIS VUI 2.9 %
AIA GROUP LTD 2.3 %
NOVO NORDISK A/S-B 2.2 %
ALLIANZ SE-REG 1.8 %
SAP AG 1.7 %
TOTAL SA 1.7 %
RIO TINTO PLC 1.6 %
Total 25.3 %

TOP COUNTRY EXPOSURE
JAPAN 15.1 %
BRITAIN 14.6 %
SWITZERLAND 12.1 %
FRANCE 9.4 %
CANADA 6.8 %
AUSTRALIA 6.0 %
HONG KONG 6.0 %
GERMANY 5.9 %
NETHERLANDS 5.0 %
DENMARK 4.4 %

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.
2.2% 43.5% 10.2% -- 7.8%

Market Correlations
versus... Beta R-squared
S&P500 0.82 84%
MSCI EAFE 0.88 97%
MSCI Emg. Mkts. 0.69 73%

Technical Indicators
Recent close $38.16
30d moving avg. $36.95
Annualized volatility 16.4%
Short interest (ETF) 0.6%
Relative strength (RSI) 68

Liquidity measures
Avg. volume (thou.) 706
Turnover 0.9%
Bid/Ask (% of price) 0.05%
ADV underlying (mns) $21,000

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 452 potential alternatives to the iShares Edge MSCI Intl Quality Factor ETF ETF based on the alternatives' overlap in portfolio holdings with IQLT. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IQLT Expense: 30 bp ALTAR Score™: 5.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IQLT
Ticker Fund
Name		 Overlap1
vs IQLT
(%)		 Expense
ratio
(bp)		 Savings
vs IQLT
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs IQLT
(%)
DFAI Dimensional International Core Equity Market ETF 82.9 18 12 6.0 +0.9
EFG iShares MSCI EAFE Growth ETF 49.7 40 -10 3.7 -1.3
QEFA SPDR MSCI EAFE Quality Mix ETF 48.6 30 0 5.7 +0.7
IDHQ Invesco S&P International Developed Quality ETF 45.8 29 1 4.9 -0.2
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 42.2 14 16 5.7 +0.6
IEV iShares Europe ETF 41.1 59 -29 5.7 +0.6
DBEU Xtrackers MSCI Europe Hedged Equity ETF 41.1 46 -16 5.7 +0.6
IMTM iShares Edge MSCI Intl Momentum Factor ETF 40.7 30 0 3.7 -1.4
IQSI IQ Candriam ESG International Equity ETF 40.5 15 15 6.0 +0.9
BBEU JPMorgan BetaBuilders Europe ETF 39.8 9 21 3.0 -2.1
FLEH Franklin FTSE Europe Hedged ETF 39.8 9 21 6.1 +1.0
FLEE Franklin FTSE Europe ETF 39.3 9 21 6.0 +0.9
DOL WisdomTree International LargeCap Dividend Fund 38.8 48 -18 6.7 +1.7
DMXF iShares ESG Advanced MSCI EAFE ETF 38.7 12 18 5.6 +0.5
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 38.5 20 10 5.9 +0.8
ESGD iShares MSCI EAFE ESG Optimized ETF 37.9 20 10 5.9 +0.8
EFA iShares MSCI EAFE ETF 37.6 32 -2 5.9 +0.8
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 37.4 36 -6 5.9 +0.8
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 36.8 25 5 5.6 +0.6
GSIE Goldman Sachs ActiveBeta International Equity ETF 36.7 25 5 5.8 +0.7
BKIE BNY Mellon International Equity ETF 36.6 4 26 6.3 +1.2
GSID Goldman Sachs MarketBeta International Equity ETF 36.4 20 10 5.9 +0.9
RESD WisdomTree International ESG Fund 36.1 30 0 5.9 +0.8
IEUR iShares Core MSCI Europe ETF 36.1 9 21 6.0 +0.9
TTAI TrimTabs All Cap International Free-Cash-Flow ETF 36.0 61 -31 4.3 -0.7
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 36.0 58 -28 5.8 +0.7
EUDG WisdomTree Europe Quality Dividend Growth Fund 35.4 58 -28 6.0 +0.9
SPEU SPDR Portfolio Europe ETF 35.1 9 21 6.0 +0.9
DWM WisdomTree International Equity Fund 35.0 48 -18 6.7 +1.6
IQDG WisdomTree International Quality Dividend Growth Fund 34.9 42 -12 6.0 +0.9
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 34.8 40 -10 6.9 +1.8
HFXI IQ 50 Percent Hedged FTSE International ETF 34.8 20 10 6.2 +1.1
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 34.4 35 -5 5.7 +0.6
JHMD John Hancock Multifactor Developed International ETF 34.2 39 -9 6.0 +1.0
PDEV Principal International Multi-Factor Core Index ETF 33.5 25 5 6.6 +1.5
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 33.0 7 23 6.2 +1.1
FDEV Fidelity Targeted International Factor ETF 32.4 39 -9 5.5 +0.5
SCHF Schwab International Equity ETF 32.2 6 24 6.2 +1.1
CIL VictoryShares International Volatility Weighted Index ETF 31.9 45 -15 5.9 +0.8
IEFA iShares Core MSCI EAFE ETF 31.9 7 23 6.1 +1.0
RFEU First Trust Riverfront Dynamic Europe ETF 31.8 83 -53 4.7 -0.4
RFDI First Trust Riverfront Dynamic Developed International ETF 31.8 83 -53 5.0 -0.0
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 31.7 45 -15 5.9 +0.8
IDEV iShares Core MSCI International Developed Markets ETF 30.2 5 25 6.0 +1.0
OEUR O'shares FTSE Europe Quality Dividend ETF 29.6 48 -18 4.5 -0.5
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Id 29.5 32 -2 5.5 +0.4
TPIF Timothy Plan International ETF 29.4 62 -32 5.6 +0.6
ACSG Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF 28.9 16 14 5.8 +0.7
SPDW SPDR Portfolio Developed World ex-US ETF 28.6 4 26 5.8 +0.8
RBIN Nationwide Risk-Based International Equity ETF 27.8 42 -12 5.5 +0.5
IGRO iShares International Dividend Growth ETF 27.8 15 15 6.6 +1.5
EFAV iShares Edge MSCI Min Vol EAFE ETF 27.5 20 10 4.9 -0.2
EZU iShares MSCI Eurozone ETF 26.9 51 -21 5.3 +0.3
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 26.9 58 -28 4.9 -0.2
ISZE iShares Edge MSCI Intl Size Factor ETF 26.6 30 0 5.8 +0.8
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 26.5 47 -17 5.5 +0.4
EURZ Xtrackers Eurozone Equity ETF 25.9 9 21 5.8 +0.7
JIG JPMorgan International Growth ETF 25.6 55 -25 2.5 -2.6
FICS First Trust International Developed Capital Strength ETF 25.5 70 -40 4.3 -0.8
NUDM Nuveen ESG International Developed Markets Equity ETF 25.3 40 -10 5.6 +0.5
ACWX iShares MSCI ACWI ex U.S. ETF 25.3 32 -2 6.1 +1.0
CWI SPDR MSCI ACWI ex-US ETF 25.3 30 0 6.0 +0.9
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 25.2 41 -11 6.0 +0.9
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 24.8 39 -9 5.6 +0.5
QINT American Century Quality Diversified International ETF 24.6 39 -9 6.2 +1.1
IDMO Invesco S&P International Developed Momentum ETF 24.4 25 5 3.3 -1.7
FIVA Fidelity International Value Factor ETF 23.9 39 -9 8.0 +2.9
IPAC iShares Core MSCI Pacific ETF 23.7 9 21 6.1 +1.0
RNDM First Trust Developed International Equity Select ETF 23.6 65 -35 5.3 +0.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 23.3 45 -15 6.9 +1.9
EFV iShares MSCI EAFE Value ETF 22.8 39 -9 7.8 +2.8
IQDE FlexShares International Quality Dividend Defensive Index ET 22.7 47 -17 10.3 +5.3
IQDF FlexShares International Quality Dividend Index Fund 22.6 47 -17 7.9 +2.8
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 22.2 20 10 9.1 +4.0
VWID Virtus WMC International Dividend ETF 22.0 49 -19 7.2 +2.1
HDEF Xtrackers MSCI EAFE High Dividend Yield Hedged Equity ETF 21.9 20 10 8.1 +3.1
PQIN PGIM QMA Strategic Alpha International Equity ETF 21.8 29 1 6.7 +1.6
IXUS ishares Core MSCI Total International Stock ETF 21.8 9 21 6.2 +1.1
DWMF WisdomTree International Multifactor Fund 21.7 38 -8 6.0 +0.9
IQDY FlexShares International Quality Dividend Dynamic Index Fund 21.5 47 -17 8.7 +3.6
IDLB Invesco FTSE International Low Beta Equal Weight ETF 21.5 45 -15 5.7 +0.7
JPIN JPMorgan Diversified Return International Equity ETF 21.1 37 -7 6.9 +1.8
AVDE Avantis International Equity ETF 21.1 23 7 6.4 +1.3
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 21.1 24 6 6.5 +1.4
FNDF Schwab Fundamental International Large Co. Index ETF 19.7 25 5 7.4 +2.3
FEZ SPDR EURO STOXX 50 ETF 19.5 29 1 5.4 +0.3
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 19.4 39 -9 6.6 +1.5
INTF iShares Edge MSCI Multifactor Intl ETF 19.0 30 0 7.2 +2.1
ISDX Invesco RAFI Strategic Developed ex-US ETF 19.0 23 7 6.0 +1.0
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 19.0 80 -50 5.5 +0.5
RODM Hartford Multifactor Developed Markets (ex-US) ETF 19.0 29 1 7.1 +2.0
DTH WisdomTree International High Dividend Fund 18.8 58 -28 8.1 +3.1
IDLV Invesco S&P International Developed Low Volatility ETF 17.9 25 5 5.7 +0.6
VIGI Vanguard International Dividend Appreciation ETF 17.4 20 10 4.6 -0.4
QWLD SPDR MSCI World StrategicFactors ETF 17.3 30 0 5.2 +0.2
VGK Vanguard FTSE Europe ETF 17.0 8 22 6.1 +1.0
IQIN IQ 500 International ETF 16.9 25 5 7.0 +1.9
EUDV ProShares MSCI Europe Dividend Growers ETF 16.8 56 -26 4.7 -0.3
PIZ Invesco DWA Developed Markets Momentum ETF 16.0 80 -50 3.2 -1.9
EFAD ProShares MSCI EAFE Dividend Growers ETF 15.9 51 -21 4.8 -0.3
RFAP First Trust Riverfront Dynamic Asia Pacific ETF 15.6 83 -53 5.3 +0.2
VEA Vanguard FTSE Developed Markets ETF 15.2 5 25 6.1 +1.1
ZGBR SPDR Solactive United Kingdom ETF 15.0 14 16 7.1 +2.0
FLGB Franklin FTSE United Kingdom ETF 15.0 9 21 6.9 +1.8
EWU iShares MSCI United Kingdom ETF 15.0 51 -21 6.6 +1.5
DBJP Xtrackers MSCI Japan Hedged Equity ETF 15.0 46 -16 6.1 +1.1
EWJ iShares MSCI Japan ETF 15.0 51 -21 5.9 +0.9
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 14.9 25 5 6.2 +1.2
HEDJ WisdomTree Europe Hedged Equity Fund 14.9 58 -28 5.4 +0.3
FLJP Franklin FTSE Japan ETF 14.9 9 21 6.4 +1.4
FLJH Franklin FTSE Japan Hedged ETF 14.9 9 21 6.6 +1.5
FIDI Fidelity International High Dividend ETF 14.9 39 -9 8.1 +3.1
JPN Xtrackers Japan JPX-Nikkei 400 Equity ETF 14.7 9 21 6.5 +1.4
JPXN iShares JPX-Nikkei 400 ETF 14.7 48 -18 6.1 +1.0
BBJP JPMorgan BetaBuilders Japan ETF 14.7 19 11 3.0 -2.0
IMFL Invesco International Developed Dynamic Multifactor ETF 14.6 34 -4 8.1 +3.1
ZJPN SPDR Solactive Japan ETF 14.4 14 16 6.4 +1.4
UIVM VictoryShares USAA MSCI International Value Momentum ETF 14.0 35 -5 7.6 +2.5
EPP iShares MSCI Pacific ex-Japan ETF 13.7 48 -18 5.3 +0.3
VPL Vanguard FTSE Pacific ETF 13.6 8 22 6.2 +1.2
BBAX JPMorgan BetaBuilders Developed Asia ex-Japan ETF 13.6 19 11 2.7 -2.3
RODE Hartford Multifactor Diversified International ETF 13.4 29 1 9.4 +4.4
CID VictoryShares Intl High Dividend Volatility Wtd Index ETF 13.4 45 -15 8.1 +3.0
EXI iShares Global Industrials ETF 13.3 46 -16 4.3 -0.8
JSTC Adasina Social Justice All Cap Global ETF 13.3 89 -59 4.8 -0.2
VSGX Vanguard ESG International Stock ETF 13.3 17 13 6.1 +1.0
ESGG FlexShares STOXX Global ESG Impact Index Fund 13.1 42 -12 4.6 -0.5
VEU Vanguard FTSE All-World ex-US Index Fund 13.0 8 22 6.4 +1.4
WWJD Inspire International ESG ETF 12.9 80 -50 5.3 +0.2
IXG iShares Global Financials ETF 12.8 46 -16 7.9 +2.8
LVHI Legg Mason International Low Volatility High Dividend ETF 12.5 40 -10 8.2 +3.2
DIVS SmartETFs Dividend Builder ETF 12.2 65 -35 5.5 +0.4
FLSW Franklin FTSE Switzerland ETF 12.1 9 21 4.8 -0.2
EWL iShares MSCI Switzerland ETF 12.1 51 -21 4.3 -0.7
URTH iShares MSCI World ETF 12.1 24 6 4.8 -0.3
GDVD Principal Active Global Dividend Income ETF 12.0 58 -28 0.0 -5.1
TOK iShares MSCI Kokusai ETF 11.1 25 5 4.7 -0.4
ACWV iShares MSCI Global Min Vol Factor ETF 11.1 20 10 5.3 +0.2
EWJE iShares MSCI Japan Equal Weighted ETF 11.1 15 15 6.1 +1.0
LOWC SPDR MSCI ACWI Low Carbon Target ETF 11.0 20 10 5.1 +0.1
VYMI Vanguard International High Dividend Yield ETF 11.0 27 3 8.6 +3.5
IDOG ALPS International Sector Dividend Dogs ETF 11.0 50 -20 7.8 +2.8
IVLU iShares Edge MSCI Intl Value Factor ETF 10.9 30 0 9.4 +4.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 10.8 20 10 5.1 +0.1
KOKU Xtrackers MSCI Kokusai Equity ETF 10.8 9 21 4.8 -0.2
ACWI iShares MSCI ACWI ETF 10.6 32 -2 4.9 -0.1
VXUS Vanguard Total International Stock ETF 10.4 8 22 6.3 +1.3
JOYY Infusive Compounding Global Equities ETF 10.3 50 -20 3.5 -1.6
DSTX Distillate International Fundamental Stability & Value ETF 10.3 55 -25 6.0 +1.0
KLDW Gavekal Knowledge Leaders Developed World ETF 10.1 75 -45 4.0 -1.1
IDHD Invesco S&P Intl Developed High Dividend Low Volatility ETF 10.0 30 0 7.4 +2.3
SDGA Impact Shares Sustainable Development Goals Global ETF 10.0 75 -45 4.7 -0.3
EUFN iShares MSCI Europe Financials ETF 9.9 48 -18 9.6 +4.6
IXJ iShares Global Healthcare ETF 9.8 46 -16 6.0 +1.0
RXI iShares Global Consumer Discretionary ETF 9.8 46 -16 3.5 -1.5
ACWF iShares MSCI Global Multifactor ETF 9.7 35 -5 6.6 +1.6
DOO WisdomTree International Dividend ex-Financials Fund 9.7 58 -28 7.3 +2.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 9.7 9 21 5.1 +0.0
FLFR Franklin FTSE France ETF 9.4 9 21 5.3 +0.2
EWQ iShares MSCI France ETF 9.4 51 -21 4.9 -0.1
BLES Inspire Global Hope Large Cap ETF 9.4 52 -22 4.9 -0.2
DWCR Arrow DWA Country Rotation ETF 9.2 136 -106 3.2 -1.8
IOO iShares Global 100 ETF 9.2 40 -10 4.6 -0.5
KXI iShares Global Consumer Staples ETF 9.0 46 -16 4.9 -0.2
FDT First Trust Developed Markets ex-US Alphadex Fund 8.7 80 -50 7.0 +1.9
DIM WisdomTree International MidCap Dividend Fund 8.7 58 -28 6.6 +1.5
DXJ WisdomTree Japan Hedged Equity Fund 8.6 48 -18 7.4 +2.3
DEW WisdomTree Global High Dividend Fund 8.5 58 -28 8.1 +3.1
ESGN Columbia Sustainable International Equity Income ETF 8.5 45 -15 8.5 +3.4
IDV iShares International Select Dividend ETF 8.3 49 -19 9.2 +4.1
FID First Trust S&P International Dividend Aristocrats ETF 7.7 60 -30 8.4 +3.4
MXI iShares Global Materials ETF 7.7 45 -15 5.0 -0.1
GXF Global X FTSE Nordic Region ETF 7.6 56 -26 7.3 +2.2
WDIV SPDR Global Dividend ETF 7.4 40 -10 8.6 +3.5
FYLD Cambria Foreign Shareholder Yield ETF 7.3 59 -29 6.7 +1.6
FJP First Trust Japan AlphaDEX Fund 7.2 80 -50 7.7 +2.6
FEP First Trust Europe AlphaDEX Fund 7.1 80 -50 6.5 +1.4
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 7.1 47 -17 5.1 +0.1
FKU First Trust United Kingdom AlphaDEX Fund 7.0 80 -50 7.3 +2.2
DGT SPDR Global Dow ETF 6.9 50 -20 6.1 +1.0
FGD First Trust Dow Jones Global Select Dividend Index Fund 6.9 59 -29 10.5 +5.5
DWX SPDR S&P International Dividend ETF 6.8 45 -15 6.9 +1.9
EWC iShares MSCI Canada ETF 6.8 51 -21 6.0 +0.9
FSZ First Trust Switzerland AlphaDEX Fund 6.7 80 -50 3.6 -1.4
KOIN Innovation Shares NextGen Protocol ETF 6.6 95 -65 3.6 -1.4
LEGR First Trust Indxx Innovative Transaction & Process ETF 6.6 65 -35 8.0 +3.0
ZCAN SPDR Solactive Canada ETF 6.6 14 16 6.4 +1.3
BBCA JPMorgan BetaBuilders Canada ETF 6.5 19 11 3.0 -2.1
HAP VanEck Vectors Natural Resources ETF 6.4 50 -20 5.0 -0.1
EFAS Global X MSCI SuperDividend EAFE ETF 6.3 56 -26 7.5 +2.5
IMOM Alpha Architect International Quantitative Momentum ETF 6.3 59 -29 3.0 -2.0
HART IQ Healthy Hearts ETF 6.2 45 -15 4.7 -0.4
FLAU Franklin FTSE Australia ETF 6.1 9 21 5.5 +0.4
EWA iShares MSCI Australia ETF 6.1 51 -21 5.0 -0.1
SDG iShares Sustainable MSCI Global Impact ETF 6.1 49 -19 5.3 +0.2
VIDI Vident International Equity Fund 6.1 59 -29 8.8 +3.8
ICOW Pacer Developed Markets International Cash Cows 100 ETF 6.0 65 -35 9.6 +4.6
XT iShares Exponential Technologies ETF 6.0 47 -17 4.4 -0.6
EWH iShares MSCI Hong Kong ETF 6.0 51 -21 5.7 +0.6
FLGR Franklin FTSE Germany ETF 5.9 9 21 6.3 +1.2
DBGR Xtrackers MSCI Germany Hedged Equity ETF 5.9 45 -15 6.0 +0.9
EWG iShares MSCI Germany ETF 5.9 51 -21 5.8 +0.8
FLCA Franklin FTSE Canada ETF 5.9 9 21 6.5 +1.4
FLHK Franklin FTSE Hong Kong ETF 5.9 9 21 6.4 +1.3
AIA iShares Asia 50 ETF 5.9 50 -20 5.9 +0.8
AAXJ iShares MSCI All Country Asia ex Japan ETF 5.8 70 -40 5.7 +0.7
FLAX Franklin FTSE Asia Ex Japan ETF 5.7 19 11 6.5 +1.4
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 5.6 46 -16 5.5 +0.4
ZHOK SPDR Solactive Hong Kong ETF 5.5 14 16 5.7 +0.6
IXN iShares Global Tech ETF 5.5 46 -16 3.7 -1.4
VT Vanguard Total World Stock ETF 5.5 8 22 5.2 +0.2
DINT Davis Select International ETF 5.4 65 -35 5.3 +0.3
ZDEU SPDR Solactive Germany ETF 5.3 14 16 6.7 +1.6
DXGE WisdomTree Germany Hedged Equity Fund 5.3 48 -18 7.3 +2.2
FNDC Schwab Fundamental International Small Co. Index ETF 5.2 39 -9 5.0 -0.0
GOAT VanEck Vectors Morningstar Global Wide Moat ETF 5.1 52 -22 4.7 -0.3
AIIQ AI Powered International Equity ETF 5.1 79 -49 4.0 -1.1
EWN iShares MSCI Netherlands ETF 5.0 51 -21 3.9 -1.2
INFR Legg Mason Global Infrastructure ETF 5.0 40 -10 4.9 -0.1
EWJV iShares MSCI Japan Value ETF 4.9 15 15 8.3 +3.2
GNR SPDR S&P Global Natural Resources ETF 4.9 40 -10 5.7 +0.7
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 4.7 49 -19 4.4 -0.6
WLDR Affinity World Leaders Equity ETF 4.5 47 -17 7.6 +2.5
DAX Global X DAX Germany ETF 4.5 21 9 6.2 +1.1
GRES IQ Global Resources ETF 4.4 78 -48 5.6 +0.5
EDEN iShares MSCI Denmark Capped ETF 4.4 53 -23 4.7 -0.4
FEUZ First Trust Eurozone AlphaDEX ETF 4.3 80 -50 6.2 +1.2
GCOW Pacer Global High Dividend ETF 4.2 60 -30 9.5 +4.5
MOTI VanEck Vectors Morningstar International Moat ETF 4.1 58 -28 7.6 +2.6
PID Invesco International Dividend Achievers ETF 4.0 53 -23 8.0 +2.9
EWD iShares MSCI Sweden ETF 3.9 51 -21 7.4 +2.3
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 3.9 80 -50 7.2 +2.1
DMDV AAM S&P Developed Markets High Dividend Value ETF 3.8 39 -9 8.7 +3.6
FDD First Trust Stoxx European Select Dividend Index Fund 3.7 58 -28 8.2 +3.2
GLIF AGFiQ Global Infrastructure ETF 3.7 45 -15 4.2 -0.8
IXC iShares Global Energy ETF 3.7 46 -16 5.3 +0.2
IXP iShares Global Comm Services ETF 3.6 46 -16 4.8 -0.3
IVAL Alpha Architect International Quantitative Value ETF 3.4 59 -29 7.7 +2.6
GII SPDR S&P Global Infrastructure ETF 3.3 40 -10 4.2 -0.9
IGF iShares Global Infrastructure ETF 3.3 46 -16 4.1 -1.0
PAWZ ProShares Pet Care ETF 3.3 50 -20 2.3 -2.8
JXI iShares Global Utilities ETF 3.3 46 -16 5.3 +0.2
AGNG Global X Aging Population ETF 3.1 50 -20 3.2 -1.8
ANEW ProShares MSCI Transformational Changes ETF 2.9 45 -15 2.6 -2.5
GENY Principal Millennials Index ETF 2.9 45 -15 3.0 -2.0
VNQI Vanguard Global ex-U.S. Real Estate ETF 2.8 12 18 8.5 +3.5
WPS iShares International Developed Property ETF 2.8 48 -18 6.2 +1.2
FILL iShares MSCI Global Energy Producers ETF 2.8 39 -9 5.7 +0.7
PICK iShares MSCI Global Metals & Mining Producers ETF 2.8 39 -9 6.7 +1.6
HTEC ROBO Global Healthcare Technology & Innovation ETF 2.6 68 -38 1.1 -4.0
BNE Blue Horizon BNE ETF 2.6 87 -57 2.7 -2.3
HAUZ Xtrackers International Real Estate ETF 2.6 10 20 7.4 +2.3
IPKW Invesco International BuyBack Achievers ETF 2.6 55 -25 6.3 +1.2
FPXE First Trust IPOX Europe Equity Opportunities ETF 2.6 70 -40 2.1 -3.0
DRW WisdomTree Global ex-US Real Estate Fund 2.6 58 -28 8.9 +3.8
DVYA iShares Asia/Pacific Dividend ETF 2.5 49 -19 10.7 +5.6
FAN First Trust Global Wind Energy ETF 2.5 62 -32 3.7 -1.3
FLIY Franklin FTSE Italy ETF 2.5 9 21 7.5 +2.5
EWI iShares MSCI Italy ETF 2.5 51 -21 7.0 +1.9
EFNL iShares MSCI Finland Capped ETF 2.4 53 -23 4.7 -0.4
DTEC ALPS Disruptive Technologies ETF 2.4 50 -20 2.7 -2.4
GAMR ETFMG Video Game Tech ETF 2.4 75 -45 2.8 -2.3
GVAL Cambria Global Value ETF 2.4 65 -35 8.5 +3.5
DWLD Davis Select Worldwide ETF 2.3 63 -33 6.1 +1.0
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 2.3 50 -20 3.3 -1.7
PSP Invesco Global Listed Private Equity ETF 2.2 158 -128 5.7 +0.6
DUSA Davis Select U.S. Equity ETF 2.1 62 -32 6.1 +1.0
ESPO VanEck Vectors Video Gaming & eSports ETF 2.1 55 -25 3.0 -2.1
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 2.1 47 -17 4.6 -0.5
NERD Roundhill BITKRAFT Esports & Digital Entertainment ETF 2.1 25 5 2.7 -2.4
JEMA JPMorgan Emerging Markets Equity Core ETF 1.9 39 -9 5.8 +0.7
EWP iShares MSCI Spain ETF 1.8 51 -21 7.2 +2.1
HERO Global X Video Games & Esports ETF 1.8 50 -20 3.9 -1.2
HERU-GB Global X Video Games & Esports UCITS ETF 1.8 50 -20 3.4 -1.6
NXTG First Trust Indxx NextG ETF 1.8 70 -40 5.1 +0.0
IWFH iShares Virtual Work and Life Multisector ETF 1.7 47 -17 0.5 -4.6
INFL Horizon Kinetics Inflation Beneficiaries ETF 1.6 85 -55 3.4 -1.7
URA Global X Uranium ETF 1.6 69 -39 1.2 -3.9
QTUM Defiance Quantum ETF 1.6 40 -10 4.4 -0.6
LUXE Emles Luxury Goods ETF 1.6 60 -30 1.6 -3.5
SULR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 1.6 79 -49 3.8 -1.2
IFGL iShares International Developed Real Estate ETF 1.5 48 -18 6.1 +1.0
FFR First Trust FTSE EPRA/NAREIT Developed Markets Real Estate 1.5 60 -30 5.4 +0.4
FPXI First Trust International Equity Opportunities ETF 1.5 70 -40 2.3 -2.8
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 1.5 75 -45 5.7 +0.6
PIO Invesco Global Water ETF 1.4 75 -45 3.5 -1.6
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde 1.4 70 -40 3.4 -1.7
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 1.3 75 -45 1.8 -3.2
LOUP Innovator Loup Frontier Tech ETF 1.3 70 -40 1.8 -3.3
RWX SPDR Dow Jones International Real Estate ETF 1.3 59 -29 5.4 +0.3
RWO SPDR Dow Jones Global Real Estate ETF 1.3 50 -20 5.3 +0.3
FDNI First Trust Dow Jones International Internet ETF 1.2 65 -35 1.8 -3.2
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 1.2 68 -38 4.3 -0.7
PBD Invesco Global Clean Energy ETF 1.2 75 -45 0.4 -4.6
FGM First Trust Germany AlphaDEX Fund 1.2 80 -50 5.2 +0.2
EBLU Ecofin Global Water ESG Fund 1.1 40 -10 3.6 -1.5
EWS iShares MSCI Singapore ETF 1.1 51 -21 6.3 +1.2
IVRA Invesco Real Assets ESG ETF 1.1 59 -29 4.9 -0.2
GQRE FlexShares Global Quality Real Estate Index Fund 1.0 45 -15 5.7 +0.6
FVD First Trust Value Line Dividend Index Fund 1.0 70 -40 5.3 +0.2
TPYP Tortoise North American Pipeline Fund 1.0 40 -10 5.0 -0.1
ENFR Alerian Energy Infrastructure ETF 1.0 65 -35 3.6 -1.4
USAI Pacer American Energy Independence ETF 1.0 75 -45 3.1 -2.0
NKEF Sample Portfolio 1.0 0 30 3.8 -1.3
PZD Invesco Cleantech ETF 1.0 65 -35 3.6 -1.5
OGIG O'Shares Global Internet Giants ETF 1.0 48 -18 1.0 -4.0
HJEN Direxion Hydrogen ETF 1.0 45 -15 -0.2 -5.2
AIQ Global X Future Analytics Tech ETF 0.9 68 -38 3.2 -1.9
BMED BlackRock Future Health ETF 0.9 85 -55 -0.7 -5.8
HDRO Defiance Next Gen H2 ETF 0.8 30 0 -10.3 -15.4
MLPX Global X MLP & Energy Infrastructure ETF 0.8 45 -15 4.1 -0.9
BUYZ Franklin Disruptive Commerce ETF 0.8 50 -20 -0.1 -5.2
SCHC Schwab International Small-Cap Equity ETF 0.8 11 19 5.0 -0.0
REET iShares Global REIT ETF 0.8 14 16 5.6 +0.5
ASEA Global X Southeast Asia ETF 0.8 65 -35 7.6 +2.5
CRAK VanEck Vectors Oil Refiners ETF 0.8 60 -30 7.1 +2.1
WOOD iShares Global Timber & Forestry ETF 0.8 46 -16 7.0 +1.9
CUT Invesco MSCI Global Timber ETF 0.8 61 -31 6.6 +1.5
HACK ETFMG Prime Cyber Security ETF 0.8 60 -30 3.1 -2.0
CIBR First Trust NASDAQ CEA Cybersecurity ETF 0.8 60 -30 3.0 -2.1
FDVV Fidelity Core Dividend ETF 0.7 29 1 6.1 +1.0
BTEK BlackRock Future Tech ETF 0.7 88 -58 -0.2 -5.3
SDIV Global X SuperDividend ETF 0.7 59 -29 14.1 +9.1
AVDV Avantis International Small Cap Value ETF 0.7 36 -6 6.3 +1.2
CGW Invesco S&P Global Water Index ETF 0.7 57 -27 3.6 -1.5
CVY Invesco Zacks Multi-Asset Income ETF 0.7 94 -64 7.8 +2.7
BETZ Roundhill Sports Betting & iGaming ETF 0.7 75 -45 3.5 -1.5
BJK VanEck Vectors Gaming ETF 0.7 65 -35 1.8 -3.3
EMLP First Trust North American Energy Infrastructure Fund 0.7 96 -66 4.3 -0.8
IDRV iShares Self-driving EV & Tech ETF 0.7 47 -17 5.1 +0.0
CTEC Global X CleanTech ETF 0.7 50 -20 1.7 -3.4
ICLN iShares Global Clean Energy ETF 0.6 46 -16 3.1 -2.0
FLM First Trust Global Engineering and Construction ETF 0.6 70 -40 7.4 +2.4
BLDG Cambria Global Real Estate ETF 0.6 59 -29 7.0 +1.9
VRAI Virtus Real Asset Income ETF 0.6 55 -25 6.5 +1.4
AMZA InfraCap MLP ETF 0.6 201 -171 4.2 -0.8
JGLD Amplify Pure Junior Gold Miners ETF 0.6 49 -19 4.1 -0.9
FTRI First Trust Indxx Global Natural Resources Income ETF 0.6 70 -40 9.0 +3.9
XBUY Amplify International Online Retail ETF 0.6 69 -39 1.1 -3.9
SMOG VanEck Vectors Low Carbon Energy ETF 0.5 62 -32 1.2 -3.9
IPAY ETFMG Prime Mobile Payments ETF 0.5 75 -45 4.6 -0.5
TPAY Tortoise Digital Payments Infrastructure Fund 0.5 40 -10 4.1 -0.9
ENZL iShares MSCI New Zealand Capped ETF 0.5 51 -21 2.7 -2.4
OBOR KraneShares MSCI One Belt One Road Index ETF 0.5 79 -49 7.4 +2.3
SGDM Sprott Gold Miners ETF 0.5 50 -20 4.4 -0.6
NANR SPDR S&P North American Natural Resources ETF 0.5 35 -5 3.9 -1.2
FVL First Trust Value Line 100 ETF 0.5 70 -40 0.0 -5.1
FINX Global X FinTech Thematic ETF 0.5 68 -38 2.5 -2.6
WUGI Esoterica NextG Economy ETF 0.5 75 -45 0.8 -4.3
ARKF ARK Fintech Innovation ETF 0.5 75 -45 0.5 -4.5
GIGE SoFi Gig Economy ETF 0.5 59 -29 -0.4 -5.5
SMEZ SPDR EURO STOXX Small Cap ETF 0.4 45 -15 5.7 +0.6
JEPI JPMorgan Equity Premium Income ETF 0.4 35 -5 4.8 -0.3
IBUY Amplify Online Retail ETF 0.4 65 -35 -0.3 -5.4
SOCL Global X Social Media ETF 0.4 65 -35 1.9 -3.2
BFIT Global X Health & Wellness ETF 0.4 50 -20 3.9 -1.2
CZA Invesco Zacks Mid-Cap ETF 0.4 69 -39 5.3 +0.2
GDX VanEck Vectors Gold Miners ETF 0.4 52 -22 4.1 -1.0
RING iShares MSCI Global Gold Miners ETF 0.4 39 -9 4.8 -0.3
IDNA iShares Genomics Immunology & Healthcare ETF 0.4 47 -17 -2.8 -7.9
FDRR Fidelity Dividend ETF for Rising Rates 0.4 29 1 6.2 +1.1
EIS iShares MSCI Israel ETF 0.4 59 -29 6.4 +1.4
ISRA VanEck Vectors Israel ETF 0.4 62 -32 5.3 +0.3
FFTY Innovator IBD 50 ETF 0.4 80 -50 11.1 +6.0
BOUT Innovator IBD Breakout Opportunities ETF 0.4 80 -50 7.3 +2.3
AADR AdvisorShares Dorsey Wright ADR ETF 0.4 110 -80 4.6 -0.4
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 0.4 75 -45 2.9 -2.1
QQQN VictoryShares Nasdaq Next 50 ETF 0.4 18 12 2.9 -2.2
QQQJ Invesco NASDAQ Next Gen 100 ETF 0.4 15 15 2.3 -2.8
EDOC-GB Global X Telemedicine & Digital Health UCITS ETF 0.3 68 -38 0.9 -4.2
EDOC Global X Telemedicine & Digital Health ETF 0.3 68 -38 0.8 -4.2
GOAU U.S. Global GO GOLD & Precious Metal Miners ETF 0.3 60 -30 3.8 -1.3
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.3 11 19 5.3 +0.3
RBUS Nationwide Risk-Based U.S. Equity ETF 0.3 30 0 4.6 -0.5
MJ ETFMG Alternative Harvest ETF 0.3 75 -45 -2.5 -7.6
IHAK iShares Cybersecurity & Tech ETF 0.3 47 -17 3.2 -1.8
BUG Global X Cybersecurity ETF 0.3 50 -20 1.3 -3.7
NLR VanEck Vectors Uranium+Nuclear Energy ETF 0.3 61 -31 7.0 +1.9
SNSR Global X Internet of Things Thematic ETF 0.3 68 -38 3.7 -1.4
EIRL iShares MSCI Ireland Capped ETF 0.3 51 -21 4.7 -0.4
KEMQ Kraneshares Emerging Markets Consumer Technology Index ETF 0.3 60 -30 1.6 -3.5
SPRE SP Funds S&P Global REIT Sharia ETF 0.3 69 -39 3.5 -1.6
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.3 65 -35 1.4 -3.6
PRNT The 3D Printing ETF 0.3 66 -36 1.3 -3.7
CHIE Global X MSCI China Energy ETF 0.2 66 -36 12.5 +7.4
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 0.2 58 -28 6.6 +1.6
VALQ American Century STOXX U.S. Quality Value ETF 0.2 29 1 6.9 +1.8
QLC FlexShares US Quality Large Cap Index Fund 0.2 32 -2 4.5 -0.6
CWS AdvisorShares Focused Equity ETF 0.2 77 -47 4.2 -0.9
QLV FlexShares US Quality Low Volatility Index Fund 0.2 22 8 4.2 -0.9
JOET Virtus Terranova US Quality Momentum ETF 0.2 29 1 4.1 -0.9
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.2 35 -5 4.0 -1.1
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 0.2 59 -29 3.7 -1.4
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 0.2 57 -27 3.4 -1.6
FITE SPDR Kensho Future Security ETF 0.2 45 -15 3.4 -1.7
ITEQ BlueStar Israel Technology ETF 0.2 75 -45 1.6 -3.5
XITK SPDR FactSet Innovative Technology ETF 0.2 45 -15 0.3 -4.8
IZRL ARK Israel Innovative Technology ETF 0.2 49 -19 -0.7 -5.8
PEX ProShares Global Listed Private Equity ETF 0.2 341 -311 5.1 +0.0
GOEX Global X Gold Explorers ETF 0.2 65 -35 4.2 -0.9
BFTR Future Innovators ETF 0.2 80 -50 -0.7 -5.8
EINC VanEck Vectors Energy Income ETF 0.2 45 -15 4.4 -0.7
SRET Global X SuperDividend REIT ETF 0.2 58 -28 9.1 +4.1
NORW Global X MSCI Norway ETF 0.2 50 -20 7.6 +2.6
ENOR iShares MSCI Norway ETF 0.2 53 -23 7.6 +2.6
TOKE Cambria Cannabis ETF 0.1 42 -12 -0.4 -5.4
GXC SPDR S&P China ETF 0.1 59 -29 7.0 +2.0
SPEM SPDR Portfolio Emerging Markets ETF 0.1 11 19 6.8 +1.7
GMF SPDR S&P Emerging Asia Pacific ETF 0.1 49 -19 6.2 +1.1
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.1 32 -2 5.8 +0.7
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.1 32 -2 5.5 +0.4
ABEQ Absolute Core Strategy ETF 0.1 88 -58 3.6 -1.4
QYLD Global X NASDAQ 100 Covered Call ETF 0.1 60 -30 3.4 -1.7
COPX Global X Copper Miners ETF 0.1 65 -35 5.2 +0.1
ADIV SmartETFs Asia Pacific Dividend Builder ETF 0.1 78 -48 7.9 +2.8
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 0.1 60 -30 3.3 -1.8
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 0.1 47 -17 1.3 -3.8
QQQM Invesco NASDAQ 100 ETF 0.1 15 15 3.6 -1.5
QQQ Invesco QQQ Trust 0.1 20 10 3.6 -1.5
NUSI Nationwide Risk-Managed Income ETF 0.1 68 -38 3.2 -1.9
EWK iShares MSCI Belgium Capped ETF 0.1 51 -21 6.1 +1.0
BOTZ Global X Robotics & Artificial Intelligence ETF 0.1 68 -38 2.3 -2.8
ROBO Robo Global Robotics & Automation Index ETF 0.1 95 -65 2.2 -2.8
MRAD SmartETFs Advertising & Marketing Technology ETF 0.1 68 -38 1.2 -3.9
SUBZ Roundhill Streaming Services & Technology ETF 0.1 75 -45 -1.3 -6.3
JETS US Global Jets ETF 0.1 60 -30 -2.1 -7.2
EDUT Global X Education ETF 0.1 50 -20 2.0 -3.0
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 0.1 95 -65 8.4 +3.4
FTAG First Trust Indxx Global Agriculture ETF 0.1 70 -40 4.7 -0.3
EWO iShares MSCI Austria ETF 0.1 51 -21 7.8 +2.7
MOTO SmartETFs Smart Transportation & Technology ETF 0.1 68 -38 5.2 +0.1
DRIV Global X Autonomous & Electric Vehicles ETF 0.1 68 -38 4.4 -0.7
BATT Amplify Advanced Battery Metals & Materials ETF 0.1 59 -29 2.7 -2.3
XDAT Franklin Exponential Data ETF 0.1 50 -20 1.6 -3.5
WCBR WisdomTree Cybersecurity Fund 0.1 45 -15 1.0 -4.0
RNRG Global X Renewable Energy Producers ETF 0.1 65 -35 2.4 -2.7
EDIV SPDR S&P Emerging Markets Dividend ETF 0.1 49 -19 9.5 +4.4
EEMO Invesco S&P Emerging Markets Momentum ETF 0.1 31 -1 3.6 -1.4
IPOS Renaissance International IPO ETF 0.1 80 -50 -0.1 -5.2
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 0.1 21 9 3.0 -2.1
VFQY Vanguard U.S. Quality Factor ETF 0.1 13 17 5.1 0.0
DEM WisdomTree Emerging Markets High Dividend Fund 0.1 63 -33 12.2 +7.1
VEGI iShares MSCI Global Agriculture Producers ETF 0.1 39 -9 4.2 -0.9
IVES Wedbush ETFMG Global Cloud Technology ETF 0.1 68 -38 2.0 -3.0
KOL VanEck Vectors Coal ETF 0.0 60 -30 0.0 -5.1
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.0 59 -29 10.2 +5.2
ESGV Vanguard ESG U.S. Stock ETF 0.0 12 18 4.4 -0.6
KOMP SPDR Kensho New Economies Composite ETF 0.0 20 10 1.9 -3.2
MXDU Nationwide Maximum Diversification US Core Equity ETF 0.0 34 -4 4.1 -0.9
FNDX Schwab Fundamental U.S. Large Co. Index ETF 0.0 25 5 5.4 +0.4
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.0 25 5 5.4 +0.3
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 -9 5.6 +0.5

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

  2016 2017 2018 2019 2020 2021E 2022E
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
  2020 2021E 2022E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 iShares Edge MSCI Intl Quality Factor ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 15.3 %
Divided by: Fwd. P/BV 2.9 x
Less: Expense ratio 30 bp
Equals: ALTAR Score 5.1 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.57 CATEGORY
AVERAGE		 1.54
 
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.