JPMorgan Active China ETF
ALTAR
Score™		 16.8% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 6.8x 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) $180,839
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 February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
9.4% 25.2% -- -- 0.5%

Market Correlations
versus... Beta R-squared
S&P500 0.36 3%
MSCI EAFE 0.71 18%
MSCI Emg. Mkts. 1.33 50%

Technical Indicators
Recent close $48.33
30d moving avg. $49.32
Annualized volatility 24.3%
Short interest (ETF) 0.6%
Relative strength (RSI) 54

Liquidity measures
Avg. volume (thou.) 2
Turnover 0.7%
Bid/Ask (% of price) 0.47%
ADV underlying (mns) $8,770

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 244 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™: 16.8%


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 -1.5
MCHI iShares MSCI China ETF 45.4 59 6 17.8 +1.0
FLCH Franklin FTSE China ETF 43.1 19 46 17.2 +0.4
CXSE WisdomTree China ex-State-Owned Enterprises Fund 42.6 32 33 17.8 +1.0
KALL KraneShares MSCI All China Index ETF 42.6 49 16 15.3 -1.5
GXC SPDR S&P China ETF 39.1 59 6 16.7 -0.1
FXI iShares China Large-Cap ETF 38.3 74 -9 18.1 +1.3
KWEB KraneShares CSI China Internet ETF 35.0 69 -4 25.8 +9.0
FDNI First Trust Dow Jones International Internet ETF 32.0 65 0 19.5 +2.7
KTEC KraneShares Hang Seng TECH Index ETF 31.3 69 -4 19.7 +2.8
AIA iShares Asia 50 ETF 29.5 50 15 14.7 -2.1
BKF iShares MSCI BIC ETF 29.0 69 -4 13.0 -3.8
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 28.2 86 -21 13.7 -3.1
TCHI iShares MSCI China Multisector Tech ETF 28.2 59 6 22.4 +5.6
MINV Matthews Asia Innovators Active ETF 23.8 79 -14 7.7 -9.1
CHIQ Global X MSCI China Consumer Discretionary ETF 22.1 65 0 13.7 -3.1
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 21.9 20 45 11.3 -5.5
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 21.3 33 32 10.6 -6.2
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 20.6 55 10 8.1 -8.7
CQQQ Invesco China Technology ETF 20.6 70 -5 18.3 +1.5
PXH Invesco FTSE RAFI Emerging Markets ETF 20.2 49 16 16.7 -0.2
ECON Columbia Emerging Markets Consumer ETF 20.1 49 16 12.9 -3.9
EEMA iShares MSCI Emerging Markets Asia ETF 20.1 49 16 10.7 -6.1
CGRO CoreValues Alpha Greater China Growth ETF 19.7 75 -10 4.0 -12.8
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 19.3 65 0 7.9 -9.0
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 18.7 60 5 13.3 -3.6
EMC Global X Emerging Markets Great Consumer ETF 18.6 75 -10 8.5 -8.4
AAXJ iShares MSCI All Country Asia ex Japan ETF 18.3 70 -5 9.8 -7.0
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 17.4 39 26 16.9 +0.1
GMF SPDR S&P Emerging Asia Pacific ETF 17.3 49 16 10.0 -6.8
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 17.2 15 50 8.6 -8.2
FLAX Franklin FTSE Asia Ex Japan ETF 17.1 19 46 10.8 -6.0
MEM Matthews Emerging Markets Equity Active ETF 17.0 79 -14 8.5 -8.3
LDEM iShares ESG MSCI EM Leaders ETF 17.0 17 48 12.9 -4.0
RAYC Rayliant Quantamental China Equity ETF 16.9 80 -15 9.0 -7.8
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 16.2 30 35 10.6 -6.3
ESGE iShares ESG Aware MSCI EM ETF 16.2 25 40 10.7 -6.1
EEM iShares MSCI Emerging Markets ETF 15.9 69 -4 10.7 -6.1
DEHP Dimensional Emerging Markets High Profitability ETF 15.8 41 24 6.5 -10.3
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 15.7 66 -1 10.2 -6.7
CNYA iShares MSCI China A ETF 15.7 60 5 7.2 -9.6
SCHE Schwab Emerging Markets Equity ETF 15.3 11 54 11.6 -5.3
EVLU iShares MSCI Emerging Markets Value Factor ETF 15.2 35 30 21.6 +4.8
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 15.1 15 50 10.8 -6.1
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 14.9 36 29 11.2 -5.6
BKEM BNY Mellon Emerging Markets Equity ETF 14.8 11 54 11.8 -5.0
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 14.6 45 20 11.0 -5.8
VWO Vanguard FTSE Emerging Markets ETF 14.5 8 57 10.9 -5.9
JHEM John Hancock Multifactor Emerging Markets ETF 14.5 49 16 10.5 -6.3
EMGF iShares Emerging Markets Equity Factor ETF 14.3 25 40 12.4 -4.4
SPEM SPDR Portfolio Emerging Markets ETF 13.8 7 58 10.9 -5.9
IEMG iShares Core MSCI Emerging Markets ETF 13.7 9 56 10.9 -5.9
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 13.4 32 33 9.6 -7.2
FDEM Fidelity Emerging Markets Multifactor ETF 13.2 25 40 13.5 -3.3
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 12.5 75 -10 5.9 -10.9
DFAE Dimensional Emerging Core Equity Market ETF 12.4 35 30 10.2 -6.6
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 11.9 41 24 9.4 -7.5
NUEM Nuveen ESG Emerging Markets Equity ETF 11.8 36 29 8.1 -8.7
SOCL Global X Social Media ETF 11.3 65 0 12.9 -3.9
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 11.3 30 35 9.3 -7.5
ODDS Pacer BlueStar Digital Entertainment ETF 11.2 60 5 4.9 -11.9
DFEM Dimensional Emerging Markets Core Equity 2 ETF 10.8 38 27 9.9 -6.9
ESPO VanEck Video Gaming and eSports ETF 10.5 56 9 4.8 -12.0
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 10.2 60 5 8.0 -8.9
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 9.9 95 -30 13.1 -3.7
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 9.8 40 25 5.6 -11.3
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 9.7 59 6 13.7 -3.1
AVEM Avantis Emerging Markets Equity ETF 9.2 33 32 9.7 -7.2
EMXF iShares ESG Advanced MSCI EM ETF 8.9 16 49 8.4 -8.4
DFEV Dimensional Emerging Markets Value ETF 8.7 43 22 14.5 -2.4
CHAT Roundhill Generative AI & Technology ETF 8.7 75 -10 14.8 -2.0
PATN Pacer Nasdaq International Patent Leaders ETF 8.5 65 0 4.0 -12.8
ARVR First Trust Indxx Metaverse ETF 8.2 70 -5 5.9 -10.9
IBLC iShares Blockchain and Tech ETF 8.2 47 18 -4.1 -20.9
UEVM VictoryShares Emerging Markets Value Momentum ETF 8.1 45 20 11.1 -5.8
RNEM First Trust Emerging Markets Equity Select ETF 7.9 75 -10 1.0 -15.8
DEM WisdomTree Emerging Markets High Dividend Fund 7.7 63 2 13.6 -3.2
OND ProShares On-Demand ETF 7.4 58 7 1.5 -15.3
FMET Fidelity Metaverse ETF 7.3 39 26 5.1 -11.7
IPKW Invesco International BuyBack Achievers ETF 7.2 55 10 15.3 -1.5
RXI iShares Global Consumer Discretionary ETF 7.2 41 24 9.2 -7.6
METV Roundhill Ball Metaverse ETF 7.1 59 6 8.3 -8.6
DVYE iShares Emerging Markets Dividend ETF 7.0 49 16 18.9 +2.1
ISHP First Trust Nasdaq Retail ETF 6.9 60 5 5.5 -11.3
IXP iShares Global Comm Services ETF 6.8 42 23 6.7 -10.1
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 6.7 50 15 11.6 -5.2
ADIV SmartETFs Asia Pacific Dividend Builder ETF 6.7 78 -13 9.6 -7.2
FCA First Trust China AlphaDEX Fund 6.6 80 -15 11.3 -5.5
ROAM Hartford Multifactor Emerging Markets ETF 6.6 44 21 11.3 -5.5
MOTI VanEck Morningstar International Moat ETF 6.6 58 7 12.8 -4.0
AIQ Global X Artificial Intelligence & Technology ETF 6.2 68 -3 4.7 -12.2
FEM First Trust Emerging Markets AlphaDEX Fund 6.0 80 -15 13.8 -3.0
DINT Davis Select International ETF 6.0 55 10 8.3 -8.5
OBOR KraneShares MSCI One Belt One Road Index ETF 6.0 79 -14 7.7 -9.1
BNGE First Trust S-Network Streaming and Gaming ETF 5.9 70 -5 3.6 -13.2
DWLD Davis Select Worldwide ETF 5.8 63 2 8.5 -8.3
DSTX Distillate International Fundamental Stability & Value ETF 5.8 55 10 8.4 -8.4
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 5.6 25 40 6.5 -10.3
ANEW ProShares MSCI Transformational Changes ETF 5.5 45 20 7.0 -9.8
IVRS iShares Future Metaverse Tech and Communications ETF 5.4 47 18 2.8 -14.0
WRND IQ Global Equity R&D Leaders ETF 5.3 18 47 7.9 -8.9
JIG JPMorgan International Growth ETF 5.2 55 10 4.8 -12.0
SDEM Global X MSCI SuperDividend Emerging Markets ETF 5.2 67 -2 13.3 -3.5
ACWX iShares MSCI ACWI ex U.S. ETF 5.1 34 31 8.1 -8.7
TTAI FCF International Quality ETF 4.9 59 6 6.9 -9.9
OGIG ALPS O'Shares Global Internet Giants ETF 4.9 48 17 1.9 -14.9
FDCF Fidelity Disruptive Communications ETF 4.8 50 15 3.3 -13.5
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 4.8 41 24 7.1 -9.7
GXUS Goldman Sachs MarketBeta Total International Equity ETF 4.7 18 47 8.1 -8.7
VEU Vanguard FTSE All-World ex-US Index Fund 4.7 8 57 8.5 -8.3
CWI SPDR MSCI ACWI ex-US ETF 4.6 30 35 8.2 -8.6
PGJ Invesco Golden Dragon China ETF 4.4 70 -5 13.9 -2.9
IXUS iShares Core MSCI Total International Stock ETF 4.3 7 58 8.3 -8.5
VXUS Vanguard Total International Stock ETF 4.2 7 58 8.3 -8.5
KGRN KraneShares MSCI China Clean Technology Index ETF 4.2 79 -14 3.8 -13.0
IVES Wedbush ETFMG Global Cloud Technology ETF 4.2 68 -3 9.3 -7.6
EYLD Cambria Emerging Shareholder Yield ETF 4.1 66 -1 13.1 -3.7
AIVC Amplify Bloomberg AI Value Chain ETF 4.1 59 6 8.6 -8.2
MOTG VanEck Morningstar Global Wide Moat ETF 4.0 52 13 6.7 -10.1
EDIV SPDR S&P Emerging Markets Dividend ETF 4.0 49 16 11.6 -5.2
IBUY Amplify Online Retail ETF 3.8 65 0 3.7 -13.2
WUGI AXS Esoterica NextG Economy ETF 3.8 75 -10 2.9 -13.9
RODE Hartford Multifactor Diversified International ETF 3.7 29 36 9.9 -6.9
BLLD JPMorgan Sustainable Infrastructure ETF 3.7 49 16 4.8 -12.0
VSGX Vanguard ESG International Stock ETF 3.6 12 53 8.2 -8.6
LEGR First Trust Indxx Innovative Transaction & Process ETF 3.5 65 0 8.6 -8.3
GGME Invesco Next Gen Media and Gaming ETF 3.4 60 5 5.0 -11.9
GSIB Themes Global Systemically Important Banks ETF 3.3 35 30 12.4 -4.5
GVAL Cambria Global Value ETF 3.2 68 -3 11.3 -5.5
ONLN ProShares Online Retail ETF 3.1 58 7 2.6 -14.2
EBIZ Global X E-Commerce ETF 3.1 50 15 4.3 -12.5
XNTK SPDR NYSE Technology ETF 3.1 35 30 4.4 -12.4
AIS VistaShares Artificial Intelligence Supercycle ETF 3.1 75 -10 4.6 -12.2
UMMA Wahed Dow Jones Islamic World ETF 3.0 65 0 5.3 -11.6
TIME Clockwise Core Equity & Innovation ETF 3.0 95 -30 8.1 -8.7
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 3.0 57 8 4.3 -12.5
ECOW Pacer Emerging Markets Cash Cows 100 ETF 2.7 70 -5 15.8 -1.0
CGXU Capital Group International Focus Equity ETF 2.7 54 11 5.9 -11.0
TEMP JPMorgan Climate Change Solutions ETF 2.7 49 16 5.9 -11.0
BUYZ Franklin Disruptive Commerce ETF 2.6 50 15 2.6 -14.3
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 2.6 44 21 11.0 -5.8
DFAX Dimensional World ex U.S. Core Equity 2 ETF 2.6 30 35 8.6 -8.2
IQDF FlexShares International Quality Dividend Index Fund 2.5 47 18 9.5 -7.3
KSTR KraneShares SSE STAR Market 50 Index ETF 2.3 89 -24 1.6 -15.2
FLHK Franklin FTSE Hong Kong ETF 2.3 9 56 6.8 -10.0
GSFP Goldman Sachs Future Planet Equity ETF 2.2 75 -10 4.8 -12.0
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 2.2 72 -7 -1.2 -18.0
LIT Global X Lithium & Battery Tech ETF 2.2 75 -10 5.9 -10.9
IBAT iShares Energy Storage & Materials ETF 2.2 47 18 5.3 -11.5
BATT Amplify Lithium & Battery Technology ETF 2.2 59 6 3.8 -13.0
EV Mast Global Battery Recycling & Production ETF 2.2 65 0 11.6 -5.2
ACWV iShares MSCI Global Min Vol Factor ETF 2.2 20 45 7.6 -9.2
QNXT iShares Nasdaq-100 ex Top 30 ETF 2.2 20 45 4.5 -12.4
FFTY Innovator IBD 50 ETF 2.0 80 -15 -2.5 -19.3
DGT SPDR Global Dow ETF 2.0 50 15 8.1 -8.7
FTRI First Trust Indxx Global Natural Resources Income ETF 1.9 70 -5 8.6 -8.2
GDX VanEck Gold Miners ETF 1.9 51 14 4.5 -12.3
COPX Global X Copper Miners ETF 1.9 65 0 8.9 -7.9
RING iShares MSCI Global Gold Miners ETF 1.9 39 26 5.8 -11.0
AGMI Themes Silver Miners ETF 1.9 35 30 3.1 -13.7
KLMT Invesco MSCI Global Climate 500 ETF 1.9 10 55 6.1 -10.7
KOCG FIS Knights of Columbus Global Belief ETF 1.9 75 -10 6.1 -10.7
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.8 61 4 1.4 -15.4
ACWI iShares MSCI ACWI ETF 1.8 32 33 6.1 -10.7
FDTX Fidelity Disruptive Technology ETF 1.8 50 15 3.0 -13.8
GTEK Goldman Sachs Future Tech Leaders Equity ETF 1.8 75 -10 3.5 -13.3
ICLN iShares Global Clean Energy ETF 1.8 41 24 6.4 -10.5
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.7 47 18 9.0 -7.9
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 1.7 90 -25 8.4 -8.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.7 20 45 6.3 -10.5
PTEC Global X PropTech ETF 1.6 50 15 2.5 -14.3
BOUT Innovator IBD Breakout Opportunities ETF 1.6 81 -16 4.8 -12.1
EDOG ALPS Emerging Sector Dividend Dogs ETF 1.6 60 5 11.0 -5.8
VT Vanguard Total World Stock ETF 1.6 7 58 6.4 -10.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.6 9 56 6.0 -10.8
SCHY Schwab International Dividend Equity ETF 1.6 14 51 9.8 -7.0
KURE KraneShares MSCI All China Health Care Index ETF 1.5 65 0 3.2 -13.6
SATO Invesco Alerian Galaxy Crypto Economy ETF 1.5 61 4 -1.1 -17.9
NXTG First Trust Indxx NextG ETF 1.5 70 -5 5.8 -11.0
VYMI Vanguard International High Dividend Yield ETF 1.5 22 43 10.0 -6.8
XT iShares Exponential Technologies ETF 1.5 46 19 5.5 -11.3
IOO iShares Global 100 ETF 1.5 41 24 5.4 -11.5
BWEB Bitwise Web3 ETF 1.4 85 -20 0.1 -16.7
TRFM AAM Transformers ETF 1.4 49 16 1.9 -15.0
AVES Avantis Emerging Markets Value ETF 1.3 36 29 12.2 -4.6
IGRO iShares International Dividend Growth ETF 1.3 15 50 7.3 -9.5
EMIF iShares Emerging Markets Infrastructure ETF 1.3 60 5 7.9 -8.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.3 12 53 5.2 -11.7
GLOF iShares Global Equity Factor ETF 1.3 20 45 7.0 -9.8
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.3 58 7 4.3 -12.5
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.2 35 30 4.5 -12.3
CRUZ Defiance Hotel Airline and Cruise ETF 1.1 45 20 3.1 -13.7
VIDI Vident International Equity Strategy ETF 1.1 61 4 12.0 -4.8
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 1.1 65 0 4.4 -12.4
IXC iShares Global Energy ETF 1.1 44 21 9.8 -7.0
GINN Goldman Sachs Innovate Equity ETF 1.1 52 13 4.4 -12.4
CGIE Capital Group International Equity ETF 1.1 54 11 5.1 -11.7
ION ProShares S&P Global Core Battery Metals ETF 1.0 58 7 11.2 -5.6
DTAN Sparkline International Intangible Value ETF 0.9 55 10 7.2 -9.6
JSTC Adasina Social Justice All Cap Global ETF 0.9 89 -24 4.5 -12.3
IWTR iShares MSCI Water Management Multisector ETF 0.8 47 18 6.5 -10.4
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.8 65 0 12.2 -4.6
IXG iShares Global Financials ETF 0.7 42 23 8.1 -8.7
DEW WisdomTree Global High Dividend Fund 0.7 58 7 7.7 -9.1
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.7 46 19 4.9 -11.9
CGV Conductor Global Equity Value ETF 0.7 130 -65 9.2 -7.7
GCOW Pacer Global Cash Cows Dividend ETF 0.6 60 5 10.9 -5.9
FILL iShares MSCI Global Energy Producers ETF 0.6 39 26 11.4 -5.4
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.6 46 19 10.4 -6.4
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.6 65 0 3.5 -13.3
GNR SPDR S&P Global Natural Resources ETF 0.6 40 25 11.4 -5.4
QQQ Invesco QQQ Trust Series I 0.6 20 45 4.6 -12.2
QQQM Invesco NASDAQ 100 ETF 0.6 15 50 4.6 -12.2
VIGI Vanguard International Dividend Appreciation ETF 0.5 15 50 6.2 -10.6
APIE ActivePassive International Equity ETF 0.5 45 20 7.7 -9.1
JPIN J.P. Morgan Diversified Return International Equity ETF 0.5 37 28 8.9 -7.9
EELV Invesco S&P Emerging Markets Low Volatility ETF 0.5 29 36 8.7 -8.1
CGDG Capital Group Dividend Growers ETF 0.4 47 18 6.3 -10.5
KNCT Invesco Next Gen Connectivity ETF 0.4 40 25 5.1 -11.8
IXN iShares Global Tech ETF 0.4 41 24 4.5 -12.3
VEGI iShares MSCI Agriculture Producers ETF 0.3 39 26 8.8 -8.1
QQMG Invesco ESG NASDAQ 100 ETF 0.3 20 45 4.6 -12.2
FBCG Fidelity Blue Chip Growth ETF 0.3 59 6 3.5 -13.4
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.3 45 20 0.0 -16.8
ONEQ Fidelity Nasdaq Composite Index ETF 0.3 21 44 4.3 -12.6
CLNR IQ Cleaner Transport ETF 0.3 45 20 7.3 -9.6
IQRA IQ CBRE Real Assets ETF 0.3 65 0 2.7 -14.2
INTF iShares International Equity Factor ETF 0.3 15 50 8.1 -8.7
FCLD Fidelity Cloud Computing ETF 0.2 39 26 3.0 -13.8
SDG iShares MSCI Global Sustainable Development Goals ETF 0.2 49 16 6.0 -10.8
VPL Vanguard FTSE Pacific ETF 0.2 8 57 7.7 -9.2
HFXI IQ FTSE International Equity Currency Neutral ETF 0.2 20 45 7.4 -9.4
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.1 45 20 9.3 -7.5
CCNR ALPS CoreCommodity Natural Resources ETF 0.1 39 26 11.0 -5.8
IGF iShares Global Infrastructure ETF 0.1 41 24 4.9 -11.9
GII SPDR S&P Global Infrastructure ETF 0.1 40 25 4.9 -11.9
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.1 24 41 6.4 -10.4
SCHF Schwab International Equity ETF 0.1 6 59 7.7 -9.1
VEA Vanguard FTSE Developed Markets ETF 0.1 5 60 7.6 -9.3
BKIE BNY Mellon International Equity ETF 0.0 4 61 7.3 -9.5
GSID Goldman Sachs MarketBeta International Equity ETF 0.0 20 45 7.1 -9.7
FNDF Schwab Fundamental International Large Co. Index ETF 0.0 25 40 10.1 -6.7
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 62 7.5 -9.3
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.0 58 7 10.1 -6.7

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 18.4 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 65 bp
Equals: ALTAR Score 16.8 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.38 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.