JPMorgan Active China ETF
ALTAR
Score™		 15.9% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 6.9x P/Sales
ratio		 1.0x
P/BV
ratio		 1.1x Div.
yield		 2.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
JCHI is actively managed to hold a narrow portfolio of Chinese equities and equity-related securities that are fundamentally assessed for sustainable growth and disciplined capital management. The fund also considers ESG factors during the investment process.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor JPMorgan Chase
Website am.jpmorgan.com/us/en/asset-management/adv/products/jpmorgan-active-china-etf-etf-shares-46654q880
Inception date Mar 16, 2023
Assets (mns) $13
Currency USD
Expense ratio 65 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Proprietary
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 57
Wgt avg mkt cap (mns) $152,728
Large cap (>$10bn) 86.6%
Mid cap ($2-10bn) 13.4%
Small cap (<$2bn) 0.0%
Developed mkts 14.5%
Emerging mkts 85.5%

TOP TEN HOLDINGS
TENCENT HOLDINGS LTD 13.9 %
ALIBABA GROUP HOLDING LTD. 9.8 %
CHINA MERCHANTS BANK -A 4.6 %
MEITUAN DIANPING 4.4 %
CHINA CONSTRUCTION BANK-H 4.3 %
PINDUODUO, INC. SPONSORED ADR CLAS 3.1 %
NETEASE, INC 3.0 %
KWEICHOW MOUTAI CO LTD-A 2.6 %
PING AN INSURANCE (GROUP) COMPANY 2.3 %
CONTEMPORARY AMPEREX TECHNOLOGY CO 2.2 %
Total 50.2 %

TOP COUNTRY EXPOSURE
CHINA 96.1 %
HONG KONG 3.5 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
12.2% 17.6% -- -- 1.6%

Market Correlations
versus... Beta R-squared
S&P500 0.31 3%
MSCI EAFE 0.67 17%
MSCI Emg. Mkts. 1.22 43%

Technical Indicators
Recent close $49.07
30d moving avg. $48.32
Annualized volatility 23.2%
Short interest (ETF) 1.7%
Relative strength (RSI) 55

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.4%
Bid/Ask (% of price) 0.47%
ADV underlying (mns) $8,770

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 245 potential alternatives to the JPMorgan Active China ETF ETF based on the alternatives' overlap in portfolio holdings with JCHI. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: JCHI Expense: 65 bp ALTAR Score™: 15.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH JCHI
Ticker Fund
Name		 Overlap1
vs JCHI
(%)		 Expense
ratio
(bp)		 Savings
vs JCHI
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs JCHI
(%)
MCH Matthews China Active ETF 46.3 79 -14 15.3 -0.6
MCHI iShares MSCI China ETF 43.4 59 6 17.9 +2.0
FLCH Franklin FTSE China ETF 43.1 19 46 16.8 +1.0
CXSE WisdomTree China ex-State-Owned Enterprises Fund 42.6 32 33 17.4 +1.6
KALL KraneShares MSCI All China Index ETF 42.6 49 16 14.7 -1.1
FXI iShares China Large-Cap ETF 37.1 74 -9 17.3 +1.4
GXC SPDR S&P China ETF 36.5 59 6 16.4 +0.6
KWEB KraneShares CSI China Internet ETF 35.0 69 -4 25.1 +9.2
KTEC KraneShares Hang Seng TECH Index ETF 31.3 69 -4 18.7 +2.8
FDNI First Trust Dow Jones International Internet ETF 30.4 65 0 18.5 +2.6
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 28.2 86 -21 13.4 -2.5
TCHI iShares MSCI China Multisector Tech ETF 28.2 59 6 17.4 +1.5
AIA iShares Asia 50 ETF 26.3 50 15 13.3 -2.5
BKF iShares MSCI BIC ETF 25.8 69 -4 13.3 -2.6
MINV Matthews Asia Innovators Active ETF 23.8 79 -14 7.7 -8.2
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 21.9 20 45 10.7 -5.2
CHIQ Global X MSCI China Consumer Discretionary ETF 21.6 65 0 16.5 +0.6
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 21.3 33 32 10.0 -5.8
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 20.6 55 10 8.1 -7.8
ECON Columbia Emerging Markets Consumer ETF 20.1 49 16 12.3 -3.5
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 19.3 65 0 7.7 -8.1
CQQQ Invesco China Technology ETF 19.3 70 -5 10.3 -5.5
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 18.7 60 5 10.3 -5.6
CGRO CoreValues Alpha Greater China Growth ETF 17.9 75 -10 3.8 -12.0
EEMO Invesco S&P Emerging Markets Momentum ETF 17.5 29 36 6.5 -9.4
PXH Invesco FTSE RAFI Emerging Markets ETF 17.2 49 16 15.9 +0.0
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 17.2 15 50 8.1 -7.7
FLAX Franklin FTSE Asia Ex Japan ETF 17.1 19 46 9.5 -6.4
MEM Matthews Emerging Markets Equity Active ETF 17.0 79 -14 8.0 -7.9
EEMA iShares MSCI Emerging Markets Asia ETF 16.9 49 16 10.1 -5.8
RAYC Rayliant Quantamental China Equity ETF 16.9 80 -15 8.5 -7.4
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 15.7 66 -1 9.9 -6.0
AAXJ iShares MSCI All Country Asia ex Japan ETF 15.4 70 -5 9.3 -6.6
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 15.2 39 26 16.1 +0.3
LDEM iShares ESG MSCI EM Leaders ETF 15.2 17 48 13.1 -2.7
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 15.1 15 50 10.3 -5.5
GMF SPDR S&P Emerging Asia Pacific ETF 15.1 49 16 9.5 -6.4
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 14.9 36 29 9.8 -6.0
BKEM BNY Mellon Emerging Markets Equity ETF 14.8 11 54 10.1 -5.8
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 14.6 45 20 10.5 -5.4
JHEM John Hancock Multifactor Emerging Markets ETF 14.5 49 16 10.4 -5.5
EMC Global X Emerging Markets Great Consumer ETF 14.2 75 -10 8.8 -7.1
DEHP Dimensional Emerging Markets High Profitability ETF 13.9 41 24 6.8 -9.1
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 13.8 30 35 10.3 -5.6
ESGE iShares ESG Aware MSCI EM ETF 13.6 25 40 10.1 -5.8
EEM iShares MSCI Emerging Markets ETF 13.4 69 -4 10.2 -5.6
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 13.4 32 33 9.2 -6.7
SCHE Schwab Emerging Markets Equity ETF 13.3 11 54 11.1 -4.8
FDEM Fidelity Emerging Markets Multifactor ETF 13.2 25 40 12.9 -3.0
EMGF iShares Emerging Markets Equity Factor ETF 12.7 25 40 11.8 -4.0
VWO Vanguard FTSE Emerging Markets ETF 12.4 7 58 10.5 -5.3
SPEM SPDR Portfolio Emerging Markets ETF 12.1 7 58 10.6 -5.3
NUEM Nuveen ESG Emerging Markets Equity ETF 11.8 36 29 7.8 -8.1
IEMG iShares Core MSCI Emerging Markets ETF 11.6 9 56 10.5 -5.4
EVLU iShares MSCI Emerging Markets Value Factor ETF 11.4 35 30 19.2 +3.4
DFAE Dimensional Emerging Core Equity Market ETF 11.0 35 30 9.4 -6.5
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 10.2 60 5 7.1 -8.7
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 10.2 41 24 8.8 -7.0
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 9.8 40 25 7.1 -8.8
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 9.7 59 6 11.7 -4.2
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 9.7 30 35 9.9 -6.0
DFEM Dimensional Emerging Markets Core Equity 2 ETF 9.4 38 27 9.4 -6.5
AVEM Avantis Emerging Markets Equity ETF 9.2 33 32 9.1 -6.7
CNYA iShares MSCI China A ETF 9.0 60 5 7.0 -8.9
SOCL Global X Social Media ETF 8.6 65 0 7.9 -8.0
ODDS Pacer BlueStar Digital Entertainment ETF 8.1 60 5 2.1 -13.8
UEVM VictoryShares Emerging Markets Value Momentum ETF 8.1 45 20 10.6 -5.3
PATN Pacer Nasdaq International Patent Leaders ETF 7.9 65 0 6.2 -9.6
DEM WisdomTree Emerging Markets High Dividend Fund 7.7 63 2 13.1 -2.8
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 7.6 95 -30 12.7 -3.1
EMXF iShares ESG Advanced MSCI EM ETF 7.5 16 49 8.4 -7.4
OND ProShares On-Demand ETF 7.4 58 7 0.7 -15.1
FMET Fidelity Metaverse ETF 7.3 39 26 4.8 -11.1
AVSE Avantis Responsible Emerging Markets Equity ETF 7.1 33 32 8.6 -7.3
FEM First Trust Emerging Markets AlphaDEX Fund 6.9 80 -15 12.1 -3.7
CHAT Roundhill Generative AI & Technology ETF 6.9 75 -10 7.9 -8.0
DFEV Dimensional Emerging Markets Value ETF 6.9 43 22 13.2 -2.7
ISHP First Trust Nasdaq Retail ETF 6.9 60 5 5.2 -10.7
ARVR First Trust Indxx Metaverse ETF 6.7 70 -5 4.0 -11.8
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 6.7 50 15 11.4 -4.5
ESPO VanEck Video Gaming and eSports ETF 6.7 56 9 4.2 -11.6
FCA First Trust China AlphaDEX Fund 6.7 80 -15 9.1 -6.8
ADIV SmartETFs Asia Pacific Dividend Builder ETF 6.7 78 -13 9.3 -6.5
ROAM Hartford Multifactor Emerging Markets ETF 6.6 44 21 11.9 -4.0
DVYE iShares Emerging Markets Dividend ETF 6.4 49 16 18.6 +2.8
RNEM First Trust Emerging Markets Equity Select ETF 6.3 75 -10 6.9 -8.9
DINT Davis Select International ETF 6.0 55 10 8.0 -7.8
OBOR KraneShares MSCI One Belt One Road Index ETF 6.0 79 -14 8.7 -7.1
DWLD Davis Select Worldwide ETF 5.8 63 2 7.4 -8.4
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 5.8 25 40 6.4 -9.4
ANEW ProShares MSCI Transformational Changes ETF 5.5 45 20 6.0 -9.9
IXP iShares Global Comm Services ETF 5.3 42 23 5.6 -10.2
WRND IQ Global Equity R&D Leaders ETF 5.3 18 47 8.3 -7.5
JIG JPMorgan International Growth ETF 5.2 55 10 4.7 -11.2
RXI iShares Global Consumer Discretionary ETF 5.2 41 24 9.1 -6.8
SDEM Global X MSCI SuperDividend Emerging Markets ETF 5.0 67 -2 13.7 -2.2
TTAI FCF International Quality ETF 4.9 59 6 7.0 -8.9
AIQ Global X Artificial Intelligence & Technology ETF 4.9 68 -3 3.8 -12.1
FDCF Fidelity Disruptive Communications ETF 4.8 50 15 2.9 -12.9
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 4.8 41 24 7.7 -8.1
GXUS Goldman Sachs MarketBeta Total International Equity ETF 4.7 18 47 7.7 -8.1
EYLD Cambria Emerging Shareholder Yield ETF 4.7 66 -1 12.2 -3.7
METV Roundhill Ball Metaverse ETF 4.7 59 6 5.5 -10.3
MOTI VanEck Morningstar International Moat ETF 4.6 58 7 11.0 -4.8
OGIG ALPS O'Shares Global Internet Giants ETF 4.6 48 17 1.6 -14.3
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 4.6 75 -10 4.9 -10.9
PGJ Invesco Golden Dragon China ETF 4.4 70 -5 9.9 -6.0
ACWX iShares MSCI ACWI ex U.S. ETF 4.3 34 31 7.8 -8.0
KGRN KraneShares MSCI China Clean Technology Index ETF 4.2 79 -14 3.6 -12.3
IVES Wedbush ETFMG Global Cloud Technology ETF 4.2 68 -3 15.2 -0.6
EDIV SPDR S&P Emerging Markets Dividend ETF 4.1 49 16 11.8 -4.1
VEU Vanguard FTSE All-World ex-US Index Fund 4.1 4 61 8.2 -7.7
IPKW Invesco International BuyBack Achievers ETF 4.1 55 10 13.6 -2.3
CWI SPDR MSCI ACWI ex-US ETF 4.0 30 35 7.7 -8.1
BNGE First Trust S-Network Streaming and Gaming ETF 4.0 70 -5 2.8 -13.1
IVRS iShares Future Metaverse Tech and Communications ETF 4.0 47 18 2.6 -13.2
ABLG Abacus FCF International Leaders ETF 3.9 59 6 6.3 -9.5
WUGI AXS Esoterica NextG Economy ETF 3.8 75 -10 2.4 -13.4
VXUS Vanguard Total International Stock ETF 3.7 5 60 8.0 -7.9
RODE Hartford Multifactor Diversified International ETF 3.7 29 36 12.7 -3.2
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 3.7 90 -25 7.6 -8.2
IXUS iShares Core MSCI Total International Stock ETF 3.7 7 58 8.0 -7.9
IBLC iShares Blockchain and Tech ETF 3.7 47 18 -3.5 -19.4
BLLD JPMorgan Sustainable Infrastructure ETF 3.7 49 16 6.1 -9.8
GSIB Themes Global Systemically Important Banks ETF 3.5 35 30 9.6 -6.2
GGME Invesco Next Gen Media and Gaming ETF 3.3 60 5 4.2 -11.6
ONLN ProShares Online Retail ETF 3.1 58 7 2.3 -13.6
EBIZ Global X E-Commerce ETF 3.1 50 15 4.1 -11.8
VSGX Vanguard ESG International Stock ETF 3.1 10 55 7.9 -8.0
FPXI First Trust International Equity Opportunities ETF 3.0 70 -5 3.4 -12.4
LEGR First Trust Indxx Innovative Transaction & Process ETF 3.0 65 0 7.3 -8.5
AIS VistaShares Artificial Intelligence Supercycle ETF 3.0 75 -10 3.6 -12.3
MOTG VanEck Morningstar Global Wide Moat ETF 2.8 52 13 6.7 -9.2
IBUY Amplify Online Retail ETF 2.7 65 0 1.2 -14.6
CGXU Capital Group International Focus Equity ETF 2.7 54 11 5.7 -10.1
TEMP JPMorgan Climate Change Solutions ETF 2.7 49 16 5.7 -10.2
XNTK SPDR NYSE Technology ETF 2.6 35 30 3.8 -12.1
BUYZ Franklin Disruptive Commerce ETF 2.6 50 15 2.3 -13.6
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 2.6 44 21 10.9 -5.0
AIVC Amplify Bloomberg AI Value Chain ETF 2.6 59 6 5.9 -10.0
IQDF FlexShares International Quality Dividend Index Fund 2.5 47 18 9.2 -6.6
UMMA Wahed Dow Jones Islamic World ETF 2.5 65 0 5.1 -10.8
DFAX Dimensional World ex U.S. Core Equity 2 ETF 2.4 30 35 8.1 -7.8
KSTR KraneShares SSE STAR Market 50 Index ETF 2.3 89 -24 1.7 -14.1
FLHK Franklin FTSE Hong Kong ETF 2.3 9 56 7.1 -8.8
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 2.3 57 8 3.5 -12.3
GSFP Goldman Sachs Future Planet Equity ETF 2.2 75 -10 4.6 -11.3
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 2.2 72 -7 -0.8 -16.7
EV Mast Global Battery Recycling & Production ETF 2.2 65 0 10.6 -5.3
LIT Global X Lithium & Battery Tech ETF 2.2 75 -10 5.3 -10.6
BATT Amplify Lithium & Battery Technology ETF 2.2 59 6 3.7 -12.1
FTRI First Trust Indxx Global Natural Resources Income ETF 1.9 70 -5 8.1 -7.8
GDX VanEck Gold Miners ETF 1.9 51 14 4.4 -11.5
COPX Global X Copper Miners ETF 1.9 65 0 7.9 -7.9
RING iShares MSCI Global Gold Miners ETF 1.9 39 26 5.6 -10.3
AGMI Themes Silver Miners ETF 1.9 35 30 6.4 -9.4
DGT SPDR Global Dow ETF 1.9 50 15 7.2 -8.6
ACWV iShares MSCI Global Min Vol Factor ETF 1.8 20 45 5.9 -10.0
FDTX Fidelity Disruptive Technology ETF 1.8 50 15 2.6 -13.3
GTEK Goldman Sachs Future Tech Leaders Equity ETF 1.8 75 -10 3.0 -12.8
ICLN iShares Global Clean Energy ETF 1.8 41 24 5.6 -10.2
FEOE First Eagle Overseas Equity ETF 1.8 79 -14 8.2 -7.7
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.7 47 18 8.5 -7.4
KOCG FIS Knights of Columbus Global Belief ETF 1.7 75 -10 5.0 -10.9
VYMI Vanguard International High Dividend Yield ETF 1.7 17 48 9.8 -6.1
QNXT iShares Nasdaq-100 ex Top 30 ETF 1.6 20 45 4.2 -11.7
PTEC Global X PropTech ETF 1.6 50 15 1.8 -14.1
EDOG ALPS Emerging Sector Dividend Dogs ETF 1.6 60 5 10.8 -5.1
KLMT Invesco MSCI Global Climate 500 ETF 1.6 10 55 5.9 -10.0
ACWI iShares MSCI ACWI ETF 1.5 32 33 5.6 -10.2
KURE KraneShares MSCI All China Health Care Index ETF 1.5 65 0 3.0 -12.8
NXTG First Trust Indxx NextG ETF 1.5 70 -5 5.2 -10.6
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.5 20 45 5.8 -10.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.5 9 56 5.8 -10.0
SCHY Schwab International Dividend Equity ETF 1.5 14 51 9.6 -6.3
BWEB Bitwise Web3 ETF 1.4 85 -20 0.0 -15.9
VT Vanguard Total World Stock ETF 1.4 6 59 6.0 -9.9
GLOF iShares Global Equity Factor ETF 1.4 20 45 6.7 -9.2
AVES Avantis Emerging Markets Value ETF 1.3 36 29 11.5 -4.3
IOO iShares Global 100 ETF 1.3 41 24 4.9 -10.9
IGRO iShares International Dividend Growth ETF 1.3 15 50 7.2 -8.7
EMIF iShares Emerging Markets Infrastructure ETF 1.3 60 5 6.6 -9.2
XT iShares Exponential Technologies ETF 1.2 46 19 4.7 -11.1
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.2 61 4 1.4 -14.4
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.2 35 30 4.1 -11.7
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.2 12 53 5.2 -10.7
FEGE First Eagle Global Equity ETF 1.2 79 -14 6.9 -8.9
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 1.1 65 0 5.9 -9.9
GINN Goldman Sachs Innovate Equity ETF 1.1 52 13 3.7 -12.2
CGIE Capital Group International Equity ETF 1.1 54 11 5.0 -10.9
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.0 58 7 3.9 -12.0
ION ProShares S&P Global Core Battery Metals ETF 1.0 58 7 11.2 -4.7
VIDI Vident International Equity Strategy ETF 0.9 61 4 11.3 -4.5
TRFM AAM Transformers ETF 0.9 49 16 1.5 -14.4
SATO Invesco Alerian Galaxy Crypto Economy ETF 0.9 61 4 -2.3 -18.2
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.8 65 0 11.5 -4.3
DTAN Sparkline International Intangible Value ETF 0.8 55 10 8.1 -7.7
IWTR iShares MSCI Water Management Multisector ETF 0.8 47 18 5.6 -10.3
EELV Invesco S&P Emerging Markets Low Volatility ETF 0.8 29 36 8.7 -7.2
IXG iShares Global Financials ETF 0.8 42 23 6.7 -9.2
FILL iShares MSCI Global Energy Producers ETF 0.7 39 26 11.9 -3.9
IXC iShares Global Energy ETF 0.7 44 21 10.4 -5.4
JSTC Adasina Social Justice All Cap Global ETF 0.7 89 -24 4.8 -11.1
DEW WisdomTree Global High Dividend Fund 0.7 58 7 8.6 -7.2
DSTX Distillate International Fundamental Stability & Value ETF 0.7 55 10 8.1 -7.7
ECOW Pacer Emerging Markets Cash Cows 100 ETF 0.7 70 -5 14.4 -1.5
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.7 46 19 5.6 -10.2
CGV Conductor Global Equity Value ETF 0.7 130 -65 8.7 -7.2
GNR SPDR S&P Global Natural Resources ETF 0.7 40 25 11.4 -4.5
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.6 46 19 10.2 -5.6
GCOW Pacer Global Cash Cows Dividend ETF 0.6 60 5 11.0 -4.9
APIE ActivePassive International Equity ETF 0.5 45 20 7.4 -8.4
JPIN J.P. Morgan Diversified Return International Equity ETF 0.5 37 28 8.5 -7.3
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.4 65 0 2.2 -13.7
QQQ Invesco QQQ Trust Series I 0.4 20 45 4.0 -11.8
QQQM Invesco NASDAQ 100 ETF 0.4 15 50 4.1 -11.8
QQWZ Pacer Cash COWZ 100-Nasdaq100 Rotator ETF 0.4 49 16 4.2 -11.6
CGDG Capital Group Dividend Growers ETF 0.4 47 18 6.2 -9.7
KNCT Invesco Next Gen Connectivity ETF 0.4 40 25 4.9 -11.0
INTF iShares International Equity Factor ETF 0.4 15 50 7.8 -8.0
IXN iShares Global Tech ETF 0.4 41 24 3.8 -12.0
VIGI Vanguard International Dividend Appreciation ETF 0.4 10 55 6.1 -9.7
FBCG Fidelity Blue Chip Growth ETF 0.3 59 6 2.9 -13.0
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.3 45 20 4.5 -11.3
ONEQ Fidelity Nasdaq Composite Index ETF 0.3 21 44 3.8 -12.1
SPYA Twin Oak Endure ETF 0.3 80 -15 -2.1 -18.0
VEGI iShares MSCI Agriculture Producers ETF 0.3 39 26 8.4 -7.4
CLNR IQ Cleaner Transport ETF 0.3 45 20 6.6 -9.3
IQRA IQ CBRE Real Assets ETF 0.3 65 0 5.7 -10.1
CCNR ALPS CoreCommodity Natural Resources ETF 0.3 39 26 11.3 -4.5
QQMG Invesco ESG NASDAQ 100 ETF 0.2 20 45 4.1 -11.8
FCLD Fidelity Cloud Computing ETF 0.2 39 26 3.1 -12.8
SDG iShares MSCI Global Sustainable Development Goals ETF 0.2 49 16 6.2 -9.7
VPL Vanguard FTSE Pacific ETF 0.2 7 58 7.1 -8.7
HFXI IQ FTSE International Equity Currency Neutral ETF 0.2 20 45 7.2 -8.7
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.1 24 41 7.5 -8.3
IGF iShares Global Infrastructure ETF 0.1 41 24 4.8 -11.1
GII SPDR S&P Global Infrastructure ETF 0.1 40 25 4.8 -11.1
SCHF Schwab International Equity ETF 0.1 6 59 7.4 -8.5
VEA Vanguard FTSE Developed Markets ETF 0.1 3 62 7.3 -8.6
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.1 45 20 8.9 -7.0
BKIE BNY Mellon International Equity ETF 0.0 4 61 7.1 -8.8
GSID Goldman Sachs MarketBeta International Equity ETF 0.0 20 45 7.0 -8.9
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 62 7.2 -8.7
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.0 58 7 9.6 -6.2

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%.

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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:		 JPMorgan Active China 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 16.9 %
Divided by: Fwd. P/BV 1.0 x
Less: Expense ratio 65 bp
Equals: ALTAR Score 15.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.40 CATEGORY
AVERAGE		 1.50
 
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.