JPMorgan Active China ETF
ALTAR
Score™		 12.9% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 9.2x P/Sales
ratio		 1.1x
P/BV
ratio		 1.1x Div.
yield		 1.7%


  • 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) $15
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 50
Wgt avg mkt cap (mns) $212,784
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 14.1 %
ALIBABA GROUP HOLDING LTD. 9.3 %
CHINA MERCHANTS BANK -A 4.4 %
XIAOMI CORP. CLASS B 4.1 %
CHINA CONSTRUCTION BANK-H 3.7 %
PING AN INSURANCE GROUP CO-H 3.2 %
CONTEMPORARY AMPEREX TECHNOLOGY CO 3.1 %
NETEASE, INC 2.8 %
KWEICHOW MOUTAI CO LTD-A 2.6 %
BEIJING SEVENSTAR ELECTRONICS CO., 2.6 %
Total 49.7 %

TOP COUNTRY EXPOSURE
CHINA 96.5 %
HONG KONG 1.2 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
27.7% 27.7% -- -- 6.9%

Market Correlations
versus... Beta R-squared
S&P500 0.57 26%
MSCI EAFE 0.80 36%
MSCI Emg. Mkts. 1.04 68%

Technical Indicators
Recent close $56.28
30d moving avg. $55.01
Annualized volatility 22.6%
Short interest (ETF) 1.7%
Relative strength (RSI) 47

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.4%
Bid/Ask (% of price) 0.36%
ADV underlying (mns) $8,770

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 236 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™: 12.9%


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
(%)
MCHI iShares MSCI China ETF 43.9 59 6 15.4 +2.5
FLCH Franklin FTSE China ETF 43.6 19 46 14.2 +1.3
FXI iShares China Large-Cap ETF 42.6 74 -9 15.8 +2.9
MCH Matthews China Active ETF 39.3 79 -14 12.7 -0.1
CXSE WisdomTree China ex-State-Owned Enterprises Fund 39.0 32 33 11.3 -1.6
GXC SPDR S & P China ETF 38.5 59 6 14.6 +1.7
BKF iShares MSCI BIC ETF 29.2 69 -4 11.7 -1.2
KWEB KraneShares CSI China Internet ETF 25.7 69 -4 22.1 +9.3
AIA iShares Asia 50 ETF 25.2 50 15 10.7 -2.2
FDNI First Trust Dow Jones International Internet ETF 25.1 65 0 18.4 +5.5
KTEC KraneShares Hang Seng TECH Index ETF 24.1 69 -4 16.7 +3.8
TCHI iShares MSCI China Multisector Tech ETF 24.0 59 6 15.1 +2.2
EEMO Invesco S&P Emerging Markets Momentum ETF 23.6 29 36 7.1 -5.8
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 22.9 20 45 8.7 -4.2
PXH Invesco FTSE RAFI Emerging Markets ETF 21.5 49 16 13.8 +0.9
MINV Matthews Asia Innovators Active ETF 21.4 79 -14 5.6 -7.3
CGRO CoreValues Alpha Greater China Growth ETF 21.0 75 -10 2.9 -10.0
MEM Matthews Emerging Markets Equity Active ETF 19.3 79 -14 6.4 -6.5
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 19.2 86 -21 11.6 -1.3
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 18.7 33 32 8.3 -4.6
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 18.4 55 10 6.3 -6.6
EEMA iShares MSCI Emerging Markets Asia ETF 17.8 49 16 8.0 -4.9
EMC Global X Emerging Markets Great Consumer ETF 17.8 75 -10 7.0 -5.9
JADE JPMorgan Active Developing Markets Equity ETF 17.5 65 0 6.7 -6.2
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 17.4 65 0 6.3 -6.6
GMF SPDR S&P Emerging Asia Pacific ETF 16.6 49 16 8.4 -4.5
AAXJ iShares MSCI All Country Asia ex Japan ETF 16.3 70 -5 7.3 -5.6
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 16.1 39 26 14.7 +1.8
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 15.7 15 50 6.7 -6.2
FLAX Franklin FTSE Asia Ex Japan ETF 15.4 19 46 7.6 -5.3
CHIQ Global X MSCI China Consumer Discretionary ETF 15.4 65 0 11.0 -1.9
LDEM iShares ESG MSCI EM Leaders ETF 14.6 17 48 11.5 -1.4
ECON Columbia Emerging Markets Consumer ETF 14.5 49 16 10.1 -2.8
SCHE Schwab Emerging Markets Equity ETF 14.4 11 54 9.6 -3.3
EEM iShares MSCI Emerging Markets ETF 14.2 69 -4 8.2 -4.7
FDEM Fidelity Emerging Markets Multifactor ETF 14.2 25 40 10.9 -2.0
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 14.2 30 35 8.3 -4.6
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 14.0 15 50 8.6 -4.3
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 13.9 66 -1 7.9 -5.0
VWO Vanguard FTSE Emerging Markets ETF 13.9 7 58 9.2 -3.7
EMGF iShares Emerging Markets Equity Factor ETF 13.7 25 40 9.7 -3.2
ESGE iShares ESG Aware MSCI EM ETF 13.6 25 40 8.6 -4.3
CQQQ Invesco China Technology ETF 13.6 70 -5 12.7 -0.1
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 13.6 32 33 7.1 -5.8
SPEM SPDR Portfolio Emerging Markets ETF 13.5 7 58 9.4 -3.5
BKEM BNY Mellon Emerging Markets Equity ETF 13.4 11 54 8.1 -4.8
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 13.2 36 29 8.1 -4.8
JHEM John Hancock Multifactor Emerging Markets ETF 13.1 49 16 8.4 -4.5
DEHP Dimensional Emerging Markets High Profitability ETF 12.7 41 24 5.4 -7.5
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 12.6 45 20 8.6 -4.3
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 12.5 60 5 9.1 -3.8
IEMG iShares Core MSCI Emerging Markets ETF 12.2 9 56 8.7 -4.2
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 12.1 88 -23 7.5 -5.4
DFAE Dimensional Emerging Core Equity Market ETF 11.8 35 30 7.6 -5.3
SOCL Global X Social Media ETF 11.2 65 0 9.1 -3.8
JIVE JPMorgan International Value ETF 11.1 55 10 9.8 -3.1
EVLU iShares MSCI Emerging Markets Value Factor ETF 10.3 35 30 12.0 -0.9
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 10.1 75 -10 2.9 -10.0
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 10.0 41 24 7.2 -5.7
DFEM Dimensional Emerging Markets Core Equity 2 ETF 9.8 38 27 7.7 -5.2
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 9.6 30 35 7.7 -5.2
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 9.4 60 5 7.5 -5.4
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 9.2 50 15 9.5 -3.4
AVEM Avantis Emerging Markets Equity ETF 9.1 33 32 7.4 -5.5
DFEV Dimensional Emerging Markets Value ETF 9.1 43 22 10.6 -2.3
NUEM Nuveen ESG Emerging Markets Equity ETF 9.0 36 29 6.8 -6.1
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 8.9 40 25 6.2 -6.7
DEM WisdomTree Emerging Markets High Dividend Fund 8.8 63 2 12.0 -0.8
PATN Pacer Nasdaq International Patent Leaders ETF 8.4 65 0 4.8 -8.1
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 8.4 42 23 5.7 -7.2
DVYE iShares Emerging Markets Dividend ETF 8.3 49 16 17.2 +4.3
ESPO VanEck Video Gaming and eSports ETF 8.2 56 9 4.8 -8.1
UEVM VictoryShares Emerging Markets Value Momentum ETF 8.1 45 20 9.7 -3.2
ODDS Pacer BlueStar Digital Entertainment ETF 8.0 60 5 2.7 -10.2
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 8.0 95 -30 10.5 -2.4
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 7.9 59 6 7.7 -5.2
FCA First Trust China AlphaDEX Fund 7.8 80 -15 9.0 -3.9
ARVR First Trust Indxx Metaverse ETF 7.4 70 -5 3.5 -9.4
ADIV SmartETFs Asia Pacific Dividend Builder ETF 7.4 78 -13 8.6 -4.3
FMET Fidelity Metaverse ETF 7.3 39 26 4.2 -8.7
EMXF iShares ESG Advanced MSCI EM ETF 7.1 16 49 7.3 -5.6
BNGE First Trust S-Network Streaming and Gaming ETF 7.1 70 -5 2.3 -10.6
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 7.0 72 -7 -1.3 -14.2
IVRS iShares Future Metaverse Tech and Communications ETF 7.0 47 18 3.1 -9.8
ROAM Hartford Multifactor Emerging Markets ETF 6.8 44 21 10.5 -2.4
CNYA iShares MSCI China A ETF 6.7 60 5 6.4 -6.5
AVSE Avantis Responsible Emerging Markets Equity ETF 6.7 33 32 7.1 -5.8
JIG JPMorgan International Growth ETF 6.4 55 10 4.1 -8.8
GSIB Themes Global Systemically Important Banks ETF 6.1 35 30 8.3 -4.6
SDEM Global X MSCI SuperDividend Emerging Markets ETF 6.1 67 -2 13.7 +0.8
DRGN Themes China Generative Artificial Intelligence ETF 5.9 39 26 9.1 -3.8
GGME Invesco Next Gen Media and Gaming ETF 5.8 60 5 4.1 -8.8
IXP iShares Global Comm Services ETF 5.7 42 23 5.3 -7.6
RNEM First Trust Emerging Markets Equity Select ETF 5.7 75 -10 7.8 -5.1
LIT Global X Lithium & Battery Tech ETF 5.7 75 -10 5.8 -7.1
RXI iShares Global Consumer Discretionary ETF 5.3 41 24 7.2 -5.7
EMMF WisdomTree Emerging Markets Multifactor Fund 5.2 48 17 6.2 -6.7
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 5.1 25 40 6.0 -6.9
CHAT Roundhill Generative AI & Technology ETF 5.1 75 -10 6.3 -6.6
OGIG ALPS O'Shares Global Internet Giants ETF 4.9 48 17 1.8 -11.1
FEM First Trust Emerging Markets AlphaDEX Fund 4.7 80 -15 10.6 -2.3
ACWX iShares MSCI ACWI ex U.S. ETF 4.5 34 31 6.6 -6.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 4.3 41 24 6.6 -6.3
IBLC iShares Blockchain and Tech ETF 4.3 47 18 -1.5 -14.4
VEU Vanguard FTSE All-World ex-US Index Fund 4.2 4 61 7.0 -5.9
FDCF Fidelity Disruptive Communications ETF 4.2 50 15 3.3 -9.6
CWI SPDR MSCI ACWI ex-US ETF 4.2 30 35 6.6 -6.3
GXUS Goldman Sachs MarketBeta Total International Equity ETF 4.1 18 47 6.6 -6.3
VXUS Vanguard Total International Stock ETF 3.9 5 60 6.9 -6.0
EYLD Cambria Emerging Shareholder Yield ETF 3.9 66 -1 11.0 -1.9
BUYZ Franklin Disruptive Commerce ETF 3.9 50 15 2.0 -10.9
DINT Davis Select International ETF 3.8 55 10 6.7 -6.2
DWLD Davis Select Worldwide ETF 3.8 63 2 6.3 -6.6
IXUS iShares Core MSCI Total International Stock ETF 3.8 7 58 6.9 -6.0
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 3.8 44 21 9.6 -3.3
ANEW ProShares MSCI Transformational Changes ETF 3.7 45 20 4.6 -8.3
AIQ Global X Artificial Intelligence & Technology ETF 3.6 68 -3 3.0 -9.9
MOTI VanEck Morningstar International Moat ETF 3.6 58 7 9.5 -3.4
GTEK Goldman Sachs Future Tech Leaders Equity ETF 3.5 75 -10 2.4 -10.5
OND ProShares On-Demand ETF 3.4 58 7 -0.6 -13.5
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 3.2 90 -25 4.7 -8.2
VSGX Vanguard ESG International Stock ETF 3.2 10 55 6.8 -6.1
ISHP First Trust Nasdaq Retail ETF 3.1 60 5 5.1 -7.8
EV Mast Global Battery Recycling & Production ETF 3.1 65 0 7.2 -5.7
BATT Amplify Lithium & Battery Technology ETF 3.1 59 6 1.8 -11.1
KGRN KraneShares MSCI China Clean Technology Index ETF 3.1 79 -14 0.3 -12.6
XT iShares Exponential Technologies ETF 3.1 46 19 4.3 -8.6
OBOR KraneShares MSCI One Belt One Road Index ETF 2.9 79 -14 7.4 -5.5
MOTG VanEck Morningstar Global Wide Moat ETF 2.9 52 13 8.9 -4.0
FPXI First Trust International Equity Opportunities ETF 2.8 70 -5 3.7 -9.2
GINN Goldman Sachs Innovate Equity ETF 2.7 52 13 3.3 -9.6
ACWV iShares MSCI Global Min Vol Factor ETF 2.6 20 45 5.4 -7.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 2.5 30 35 6.7 -6.2
UMMA Wahed Dow Jones Islamic World ETF 2.5 65 0 4.0 -8.9
EBIZ Global X E-Commerce ETF 2.4 50 15 3.4 -9.5
CDIG City Different Investments Global Equity ETF 2.4 75 -10 0.5 -12.4
ONLN ProShares Online Retail ETF 2.4 58 7 2.0 -10.9
GEW Cambria Global EW ETF 2.4 29 36 5.4 -7.5
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 2.4 57 8 3.4 -9.5
IQDF FlexShares International Quality Dividend Index Fund 2.3 47 18 7.8 -5.1
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.3 47 18 7.2 -5.7
HUMN Roundhill Humanoid Robotics ETF 2.3 75 -10 1.0 -11.9
TTAI FCF International Quality ETF 2.3 59 6 6.5 -6.4
LEGR First Trust Indxx Innovative Transaction & Process ETF 2.2 65 0 7.2 -5.7
KOCG FIS Knights of Columbus Global Belief ETF 2.2 75 -10 4.4 -8.5
KLMT Invesco MSCI Global Climate 500 ETF 2.1 10 55 5.0 -7.9
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 2.1 58 7 4.0 -8.9
KURE KraneShares MSCI All China Health Care Index ETF 2.1 65 0 2.9 -10.0
WUGI AXS Esoterica NextG Economy ETF 1.9 75 -10 2.3 -10.6
IBUY Amplify Online Retail ETF 1.9 65 0 1.3 -11.6
CGXU Capital Group International Focus Equity ETF 1.9 54 11 4.8 -8.1
VYMI Vanguard International High Dividend Yield ETF 1.9 17 48 8.3 -4.6
ECOW Pacer Emerging Markets Cash Cows 100 ETF 1.8 70 -5 12.0 -0.9
QNXT iShares Nasdaq-100 ex Top 30 ETF 1.8 20 45 4.3 -8.6
KSTR KraneShares SSE STAR Market 50 Index ETF 1.8 89 -24 0.7 -12.2
GPT Intelligent Alpha Atlas ETF 1.7 69 -4 4.9 -8.0
AVES Avantis Emerging Markets Value ETF 1.7 36 29 9.7 -3.2
FEOE First Eagle Overseas Equity ETF 1.7 79 -14 6.2 -6.7
AIVC Amplify Bloomberg AI Value Chain ETF 1.7 59 6 4.4 -8.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.6 20 45 4.8 -8.1
ACWI iShares MSCI ACWI ETF 1.6 32 33 4.8 -8.1
FTRI First Trust Indxx Global Natural Resources Income ETF 1.6 70 -5 6.9 -6.0
COPX Global X Copper Miners ETF 1.6 65 0 4.7 -8.2
AGMI Themes Silver Miners ETF 1.6 35 30 3.3 -9.6
RING iShares MSCI Global Gold Miners ETF 1.6 39 26 3.2 -9.7
ROBO ROBO Global Robotics & Automation Index ETF 1.5 95 -30 2.8 -10.1
VT Vanguard Total World Stock ETF 1.4 6 59 5.2 -7.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.4 9 56 4.9 -8.0
FID First Trust S&P International Dividend Aristocrats ETF 1.4 60 5 7.3 -5.6
BWEB Bitwise Web3 ETF 1.4 85 -20 -0.1 -13.0
GLOF iShares Global Equity Factor ETF 1.4 20 45 6.0 -6.9
IXG iShares Global Financials ETF 1.4 42 23 5.9 -7.0
DGT State Street SPDR Global Dow ETF 1.4 50 15 6.1 -6.8
EDOG ALPS Emerging Sector Dividend Dogs ETF 1.4 60 5 10.0 -2.9
SCHY Schwab International Dividend Equity ETF 1.4 14 51 8.8 -4.1
FDTX Fidelity Disruptive Technology ETF 1.3 50 15 2.1 -10.8
IOO iShares Global 100 ETF 1.3 41 24 3.9 -9.0
KNCT Invesco Next Gen Connectivity ETF 1.3 40 25 4.0 -8.9
XDAT Franklin Exponential Data ETF 1.3 50 15 1.9 -11.0
AIS VistaShares Artificial Intelligence Supercycle ETF 1.2 75 -10 2.1 -10.8
ION ProShares S&P Global Core Battery Metals ETF 1.2 58 7 6.0 -6.9
JGLO JPMorgan Global Select Equity ETF 1.2 33 32 4.4 -8.5
WDIV SPDR S&P Global Dividend ETF 1.2 40 25 8.4 -4.5
NXTG First Trust Indxx NextG ETF 1.2 70 -5 4.5 -8.4
FEGE First Eagle Global Equity ETF 1.1 79 -14 5.8 -7.1
EELV Invesco S&P Emerging Markets Low Volatility ETF 1.1 29 36 8.1 -4.8
GNR SPDR S&P Global Natural Resources ETF 1.1 40 25 9.4 -3.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.1 12 53 4.4 -8.5
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 1.1 80 -15 8.9 -4.0
ECNS iShares MSCI China Small-Cap ETF 1.1 59 6 9.3 -3.6
PGJ Invesco Golden Dragon China ETF 1.1 70 -5 12.1 -0.8
BPAY BlackRock Future Financial and Technology ETF 1.1 70 -5 5.7 -7.2
IGRO iShares International Dividend Growth ETF 1.1 15 50 6.4 -6.5
TIIV AAM Todd International Intrinsic Value ETF 1.0 54 11 10.0 -2.9
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.0 35 30 3.7 -9.2
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 1.0 65 0 4.3 -8.6
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.0 61 4 1.9 -11.0
CGIE Capital Group International Equity ETF 1.0 54 11 4.3 -8.6
PICK iShares MSCI Global Metals & Mining Producers ETF 0.9 39 26 9.3 -3.6
WRND IQ Global Equity R&D Leaders ETF 0.9 18 47 6.7 -6.2
SATO Invesco Alerian Galaxy Crypto Economy ETF 0.8 61 4 -0.6 -13.5
IXC iShares Global Energy ETF 0.8 44 21 9.4 -3.5
DFNL Davis Select Financial ETF 0.8 63 2 6.6 -6.3
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.7 42 23 8.7 -4.2
APIE ActivePassive International Equity ETF 0.7 45 20 6.5 -6.4
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.6 46 19 8.6 -4.3
BOTT Themes Robotics & Automation ETF 0.6 35 30 -1.5 -14.3
FBOT Fidelity Disruptive Automation ETF 0.6 50 15 2.9 -10.0
DEW WisdomTree Global High Dividend Fund 0.6 58 7 7.7 -5.2
VIDI Vident International Equity Strategy ETF 0.5 61 4 9.5 -3.4
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.5 80 -15 7.7 -5.2
QQQ Invesco QQQ Trust Series I 0.5 20 45 3.4 -9.5
QQQM Invesco NASDAQ 100 ETF 0.5 15 50 3.4 -9.5
VIGI Vanguard International Dividend Appreciation ETF 0.5 10 55 5.8 -7.1
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.5 45 20 1.6 -11.3
IXN iShares Global Tech ETF 0.4 41 24 2.9 -10.0
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.4 46 19 5.4 -7.5
JSTC Adasina Social Justice All Cap Global ETF 0.4 89 -24 4.3 -8.6
TRFM AAM Transformers ETF 0.4 49 16 1.0 -11.9
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.4 65 0 1.7 -11.2
HAP VanEck Natural Resources ETF 0.3 50 15 8.1 -4.8
INTF iShares International Equity Factor ETF 0.3 15 50 6.7 -6.2
QQMG Invesco ESG NASDAQ 100 ETF 0.3 20 45 3.4 -9.5
YNOT Horizon Digital Frontier ETF 0.3 75 -10 2.6 -10.3
GCOW Pacer Global Cash Cows Dividend ETF 0.2 60 5 9.8 -3.1
ONEQ Fidelity Nasdaq Composite Index ETF 0.2 21 44 3.1 -9.8
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.2 70 -5 6.9 -6.0
CCNR ALPS CoreCommodity Natural Resources ETF 0.1 39 26 7.8 -5.1
VPL Vanguard FTSE Pacific ETF 0.1 7 58 6.0 -6.9
HFXI IQ FTSE International Equity Currency Neutral ETF 0.0 20 45 6.1 -6.8
SCHF Schwab International Equity ETF 0.0 6 59 6.3 -6.6
VEA Vanguard FTSE Developed Markets ETF 0.0 3 62 6.2 -6.7
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 62 6.2 -6.7
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.0 8 57 6.6 -6.3
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.0 24 41 6.6 -6.3
FBCG Fidelity Blue Chip Growth ETF 0.0 59 6 2.2 -10.7

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 15.3 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 65 bp
Equals: ALTAR Score 12.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.41 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.