JPMorgan Active China ETF
ALTAR
Score™		 7.9% info Recommen-
dation		 NEUTRAL
2024E    2025E
P/E
ratio		 10.7x P/Sales
ratio		 1.1x
P/BV
ratio		 1.5x Div.
yield		 2.9%


  • 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) $11
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 52
Wgt avg mkt cap (mns) $99,230
Large cap (>$10bn) 77.0%
Mid cap ($2-10bn) 23.0%
Small cap (<$2bn) 0.0%
Developed mkts 5.9%
Emerging mkts 94.1%

TOP TEN HOLDINGS
TENCENT HOLDINGS LTD 10.3 %
ALIBABA GROUP HOLDING LTD. 5.9 %
KWEICHOW MOUTAI CO LTD-A 4.6 %
CHINA CONSTRUCTION BANK-H 4.3 %
CHINA MERCHANTS BANK - H 4.1 %
MEITUAN DIANPING 3.1 %
NETEASE, INC 2.9 %
CHINA YANGTZE POWER CO LTD-A 2.9 %
HAIER SMART HOME CO., LTD. CLASS H 2.8 %
FOXCONN INDUSTRIAL INTERNET CO., L 2.5 %
Total 43.4 %

TOP COUNTRY EXPOSURE
CHINA 96.1 %
HONG KONG 3.2 %









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.
-2.7% -- -- -- -18.6%

Market Correlations
versus... Beta R-squared
S&P500 -- --
MSCI EAFE -- --
MSCI Emg. Mkts. -- --

Technical Indicators
Recent close $40.66
30d moving avg. $40.90
Annualized volatility 0.0%
Short interest (ETF) 0.1%
Relative strength (RSI) 42

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.4%
Bid/Ask (% of price) 0.47%
ADV underlying (mns) $5,514

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 225 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™: 7.9%


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 37.6 79 -14 6.1 -1.9
FXI iShares China Large-Cap ETF 37.0 74 -9 9.6 +1.6
MCHI iShares MSCI China ETF 35.9 59 6 8.9 +1.0
FLCH Franklin FTSE China ETF 34.8 19 46 9.6 +1.6
KALL KraneShares MSCI All China Index ETF 32.9 49 16 9.4 +1.4
GXC SPDR S&P China ETF 30.6 59 6 9.0 +1.1
KTEC KraneShares Hang Seng TECH Index ETF 26.8 69 -4 -3.9 -11.9
KWEB KraneShares CSI China Internet ETF 24.8 69 -4 -0.7 -8.6
CXSE WisdomTree China ex-State-Owned Enterprises Fund 24.7 32 33 5.7 -2.3
CN Xtrackers MSCI All China Equity ETF 23.1 50 15 8.7 +0.7
AIA iShares Asia 50 ETF 23.0 50 15 6.9 -1.1
FDNI First Trust Dow Jones International Internet ETF 22.8 65 0 2.8 -5.2
TCHI iShares MSCI China Multisector Tech ETF 22.1 59 6 3.0 -4.9
BKF iShares MSCI BIC ETF 21.6 69 -4 7.1 -0.8
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 20.8 55 10 8.4 +0.5
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 19.6 86 -21 1.9 -6.0
AFTY Pacer CSOP FTSE China A50 ETF 17.6 70 -5 9.2 +1.3
CQQQ Invesco China Technology ETF 16.9 70 -5 -5.7 -13.6
RAYC Rayliant Quantamental China Equity ETF 16.8 80 -15 8.7 +0.7
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 16.0 33 32 7.2 -0.8
PXH Invesco FTSE RAFI Emerging Markets ETF 15.7 49 16 12.4 +4.5
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 14.9 20 45 7.5 -0.5
CHIQ Global X MSCI China Consumer Discretionary ETF 14.9 65 0 5.3 -2.6
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 14.6 65 0 8.9 +0.9
LDEM iShares ESG MSCI EM Leaders ETF 14.5 17 48 7.7 -0.2
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 14.2 60 5 0.9 -7.0
EEMA iShares MSCI Emerging Markets Asia ETF 13.9 49 16 6.7 -1.3
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 13.6 39 26 12.5 +4.6
CNYA iShares MSCI China A ETF 13.2 60 5 8.6 +0.7
ECON Columbia Emerging Markets Consumer ETF 12.9 49 16 4.8 -3.2
AAXJ iShares MSCI All Country Asia ex Japan ETF 12.7 70 -5 6.3 -1.7
NUEM Nuveen ESG Emerging Markets Equity ETF 11.8 36 29 6.8 -1.2
FLAX Franklin FTSE Asia Ex Japan ETF 11.5 19 46 7.2 -0.8
GMF SPDR S&P Emerging Asia Pacific ETF 11.5 49 16 6.4 -1.6
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 11.2 30 35 7.5 -0.4
EMXF iShares ESG Advanced MSCI EM ETF 11.2 16 49 7.4 -0.5
EEM iShares MSCI Emerging Markets ETF 10.7 69 -4 7.0 -1.0
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 10.6 15 50 7.1 -0.9
ESGE iShares ESG Aware MSCI EM ETF 10.4 25 40 7.7 -0.3
ADIV SmartETFs Asia Pacific Dividend Builder ETF 10.4 78 -13 8.8 +0.9
SOCL Global X Social Media ETF 10.3 65 0 -5.8 -13.7
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 10.3 66 -1 7.2 -0.7
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 10.3 68 -3 8.8 +0.9
MEM Matthews Emerging Markets Equity Active ETF 10.2 79 -14 5.7 -2.2
DEHP Dimensional Emerging Markets High Profitability ETF 10.1 41 24 7.3 -0.7
VWO Vanguard FTSE Emerging Markets ETF 10.0 8 57 7.6 -0.4
SCHE Schwab Emerging Markets Equity ETF 10.0 11 54 7.6 -0.4
ESPO VanEck Video Gaming and eSports ETF 9.7 56 9 4.5 -3.4
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 9.6 36 29 7.5 -0.5
ODDS Pacer BlueStar Digital Entertainment ETF 9.4 60 5 3.0 -4.9
BKEM BNY Mellon Emerging Markets Equity ETF 9.3 11 54 7.7 -0.3
IEMG iShares Core MSCI Emerging Markets ETF 9.1 9 56 7.5 -0.4
KBUY KraneShares CICC China Consumer Leaders Index ETF 9.1 69 -4 0.0 -7.9
FCA First Trust China AlphaDEX Fund 8.9 80 -15 17.6 +9.7
SPEM SPDR Portfolio Emerging Markets ETF 8.9 7 58 7.5 -0.4
DFAE Dimensional Emerging Core Equity Market ETF 8.8 35 30 7.7 -0.2
EMGF iShares Emerging Markets Equity Factor ETF 8.6 25 40 8.7 +0.7
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 8.6 45 20 8.6 +0.6
FDEM Fidelity Emerging Markets Multifactor ETF 8.5 25 40 11.9 +4.0
KFVG KraneShares CICC China 5G & Semiconductor Index ETF 8.4 65 0 5.0 -3.0
JHEM John Hancock Multifactor Emerging Markets ETF 8.2 49 16 8.3 +0.4
CGRO CoreValues Alpha Greater China Growth ETF 7.9 75 -10 2.6 -5.4
EMFQ Amplify Emerging Markets FinTech ETF 7.9 69 -4 5.4 -2.5
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 7.8 41 24 7.8 -0.1
DFEM Dimensional Emerging Markets Core Equity 2 ETF 7.7 38 27 8.2 +0.3
GGME Invesco Next Gen Media and Gaming ETF 7.6 60 5 4.1 -3.8
DINT Davis Select International ETF 7.5 55 10 4.7 -3.2
DWLD Davis Select Worldwide ETF 7.5 63 2 5.6 -2.3
DFEV Dimensional Emerging Markets Value ETF 7.5 43 22 10.9 +3.0
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 7.4 32 33 6.3 -1.7
MINV Matthews Asia Innovators Active ETF 7.4 79 -14 2.8 -5.1
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 7.0 30 35 8.5 +0.6
ARVR First Trust Indxx Metaverse ETF 6.8 70 -5 2.5 -5.4
EMC Global X Emerging Markets Great Consumer ETF 6.7 75 -10 4.9 -3.1
ROAM Hartford Multifactor Emerging Markets ETF 6.7 44 21 11.7 +3.7
MOTI VanEck Morningstar International Moat ETF 6.5 58 7 6.9 -1.0
IVRS iShares Future Metaverse Tech and Communications ETF 6.5 47 18 -5.3 -13.2
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 6.4 95 -30 11.4 +3.5
DEM WisdomTree Emerging Markets High Dividend Fund 6.3 63 2 12.9 +5.0
FMET Fidelity Metaverse ETF 6.3 39 26 4.4 -3.6
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 6.3 59 6 9.6 +1.6
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 6.2 60 5 10.0 +2.1
OBOR KraneShares MSCI One Belt One Road Index ETF 6.1 79 -14 10.3 +2.4
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 6.0 40 25 7.1 -0.8
OND ProShares On-Demand ETF 6.0 58 7 -2.5 -10.4
AVEM Avantis Emerging Markets Equity ETF 5.8 33 32 9.1 +1.2
GBUY Goldman Sachs Future Consumer Equity ETF 5.7 75 -10 3.1 -4.8
IXP iShares Global Comm Services ETF 5.7 42 23 5.3 -2.6
KURE KraneShares MSCI All China Health Care Index ETF 5.5 65 0 3.6 -4.4
PGJ Invesco Golden Dragon China ETF 5.4 70 -5 4.9 -3.0
METV Roundhill Ball Metaverse ETF 5.2 59 6 3.4 -4.6
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 5.1 50 15 10.5 +2.6
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 5.1 18 47 7.9 -0.1
DVYE iShares Emerging Markets Dividend ETF 4.8 49 16 16.6 +8.6
CHAT Roundhill Generative AI & Technology ETF 4.8 75 -10 4.2 -3.7
AIQ Global X Artificial Intelligence & Technology ETF 4.6 68 -3 4.2 -3.8
UEVM VictoryShares Emerging Markets Value Momentum ETF 4.3 45 20 12.7 +4.8
IWFH iShares Virtual Work and Life Multisector ETF 4.1 47 18 -3.5 -11.4
WUGI AXS Esoterica NextG Economy ETF 3.9 75 -10 2.1 -5.8
DSTX Distillate International Fundamental Stability & Value ETF 3.9 55 10 8.0 +0.1
EDIV SPDR S&P Emerging Markets Dividend ETF 3.9 49 16 10.9 +2.9
EYLD Cambria Emerging Shareholder Yield ETF 3.8 66 -1 12.1 +4.2
JIG JPMorgan International Growth ETF 3.7 55 10 4.3 -3.6
WRND IQ Global Equity R&D Leaders ETF 3.5 18 47 7.2 -0.7
ICLN iShares Global Clean Energy ETF 3.5 41 24 4.3 -3.6
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 3.4 25 40 7.0 -0.9
ISHP First Trust Nasdaq Retail ETF 3.3 60 5 3.1 -4.8
RXI iShares Global Consumer Discretionary ETF 3.3 41 24 5.5 -2.4
ANEW ProShares MSCI Transformational Changes ETF 3.2 45 20 3.3 -4.6
RODE Hartford Multifactor Diversified International ETF 3.1 29 36 11.5 +3.6
ACWX iShares MSCI ACWI ex U.S. ETF 3.0 34 31 6.7 -1.2
VEU Vanguard FTSE All-World ex-US Index Fund 2.9 8 57 7.2 -0.8
LUX Tema Luxury ETF 2.9 75 -10 3.3 -4.6
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 2.9 20 45 10.7 +2.8
CWI SPDR MSCI ACWI ex-US ETF 2.8 30 35 6.8 -1.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 2.8 41 24 6.7 -1.3
MRAD SmartETFs Advertising & Marketing Technology ETF 2.8 68 -3 4.2 -3.8
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.8 47 18 10.3 +2.3
FEM First Trust Emerging Markets AlphaDEX Fund 2.8 80 -15 16.3 +8.4
OGIG ALPS O'Shares Global Internet Giants ETF 2.7 48 17 0.5 -7.5
CGXU Capital Group International Focus Equity ETF 2.7 54 11 4.1 -3.8
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 2.7 44 21 10.3 +2.4
IXUS iShares Core MSCI Total International Stock ETF 2.6 7 58 6.9 -1.0
VXUS Vanguard Total International Stock ETF 2.6 7 58 7.1 -0.8
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 2.6 47 18 0.7 -7.3
TTAI FCF International Quality ETF 2.6 59 6 7.4 -0.5
LEGR First Trust Indxx Innovative Transaction & Process ETF 2.5 65 0 8.4 +0.4
KGRN KraneShares MSCI China Clean Technology Index ETF 2.4 79 -14 6.5 -1.5
KOIN Capital Link Global Fintech Leaders ETF 2.4 75 -10 4.6 -3.3
IQDF FlexShares International Quality Dividend Index Fund 2.3 47 18 10.7 +2.8
ECOW Pacer Emerging Markets Cash Cows 100 ETF 2.3 70 -5 11.4 +3.4
KSTR KraneShares SSE STAR Market 50 Index ETF 2.2 89 -24 2.7 -5.3
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 2.2 42 23 6.8 -1.1
RAYS Global X Solar ETF 2.2 51 14 4.7 -3.3
PTEC Global X PropTech ETF 2.1 50 15 1.7 -6.3
VSGX Vanguard ESG International Stock ETF 2.1 12 53 6.8 -1.1
ACWV iShares MSCI Global Min Vol Factor ETF 2.0 20 45 6.7 -1.2
DGT SPDR Global Dow ETF 2.0 50 15 6.7 -1.3
SDEM Global X MSCI SuperDividend Emerging Markets ETF 1.9 67 -2 17.5 +9.6
IBUY Amplify Online Retail ETF 1.9 65 0 1.8 -6.2
EEMD AAM S&P Emerging Markets High Dividend Value ETF 1.9 49 16 19.0 +11.1
RNEM First Trust Emerging Markets Equity Select ETF 1.9 75 -10 8.2 +0.3
FLHK Franklin FTSE Hong Kong ETF 1.8 9 56 7.4 -0.5
HJEN Direxion Hydrogen ETF 1.8 45 20 -3.2 -11.1
FTRI First Trust Indxx Global Natural Resources Income ETF 1.8 70 -5 10.6 +2.7
MOTG VanEck Morningstar Global Wide Moat ETF 1.8 52 13 5.8 -2.2
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 1.8 65 0 6.3 -1.6
FID First Trust S&P International Dividend Aristocrats ETF 1.8 60 5 9.8 +1.9
IGRO iShares International Dividend Growth ETF 1.8 15 50 7.1 -0.9
LNGG Roundhill Alerian LNG ETF 1.8 65 0 8.5 +0.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.7 30 35 7.8 -0.2
GTEK Goldman Sachs Future Tech Leaders Equity ETF 1.7 75 -10 3.2 -4.8
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.6 61 4 -4.0 -11.9
AVES Avantis Emerging Markets Value ETF 1.6 36 29 12.1 +4.1
IPO Renaissance IPO ETF 1.6 60 5 -3.2 -11.2
BEDZ AdvisorShares Hotel ETF 1.4 100 -35 2.9 -5.1
CRUZ Defiance Hotel Airline and Cruise ETF 1.4 45 20 -4.9 -12.9
BWEB Bitwise Web3 ETF 1.4 85 -20 0.9 -7.0
VYMI Vanguard International High Dividend Yield ETF 1.4 22 43 9.7 +1.8
SCHY Schwab International Dividend Equity ETF 1.3 14 51 9.2 +1.3
WDIV SPDR S&P Global Dividend ETF 1.3 40 25 10.2 +2.3
EMMF WisdomTree Emerging Markets Multifactor Fund 1.3 48 17 9.3 +1.4
CTEC Global X CleanTech ETF 1.3 50 15 1.0 -7.0
TAN Invesco Solar ETF 1.3 67 -2 6.2 -1.8
FRNW Fidelity Clean Energy ETF 1.3 39 26 3.7 -4.2
SATO Invesco Alerian Galaxy Crypto Economy ETF 1.1 61 4 -13.0 -20.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.1 20 45 5.6 -2.3
ACWI iShares MSCI ACWI ETF 1.1 32 33 5.5 -2.5
PBD Invesco Global Clean Energy ETF 1.1 75 -10 -3.9 -11.8
NXTG First Trust Indxx NextG ETF 1.1 70 -5 6.0 -2.0
DEW WisdomTree Global High Dividend Fund 1.0 58 7 9.1 +1.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.0 9 56 5.7 -2.2
IXG iShares Global Financials ETF 1.0 42 23 6.8 -1.1
EEMO Invesco S&P Emerging Markets Momentum ETF 1.0 29 36 6.2 -1.8
IOO iShares Global 100 ETF 1.0 41 24 4.8 -3.1
MVPS Amplify Thematic All-Stars ETF 1.0 49 16 1.7 -6.3
VT Vanguard Total World Stock ETF 1.0 7 58 5.8 -2.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.9 12 53 5.1 -2.9
BUYZ Franklin Disruptive Commerce ETF 0.9 50 15 2.1 -5.9
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.9 75 -10 5.2 -2.7
VIDI Vident International Equity Strategy ETF 0.9 61 4 11.9 +4.0
FCLD Fidelity Cloud Computing ETF 0.9 39 26 2.4 -5.6
KOCG FIS Knights of Columbus Global Belief ETF 0.8 75 -10 5.3 -2.7
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 0.8 90 -25 7.0 -1.0
GLOF iShares Global Equity Factor ETF 0.7 20 45 7.1 -0.9
JRNY ALPS Global Travel Beneficiaries ETF 0.7 65 0 0.0 -7.9
UMMA Wahed Dow Jones Islamic World ETF 0.7 65 0 4.3 -3.6
IXC iShares Global Energy ETF 0.7 44 21 8.2 +0.3
FILL iShares MSCI Global Energy Producers ETF 0.7 39 26 9.0 +1.1
DFNL Davis Select Financial ETF 0.7 63 2 6.8 -1.1
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.6 46 19 8.8 +0.9
GINN Goldman Sachs Innovate Equity ETF 0.6 52 13 2.7 -5.2
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.6 46 19 5.6 -2.4
ETEC iShares Breakthrough Environmental Solutions ETF 0.5 47 18 5.3 -2.6
IQDE FlexShares International Quality Dividend Defensive Index ET 0.5 47 18 10.7 +2.7
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.5 65 0 1.6 -6.3
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.4 19 46 5.8 -2.1
IMFL Invesco International Developed Dynamic Multifactor ETF 0.4 34 31 10.6 +2.7
JPIN J.P. Morgan Diversified Return International Equity ETF 0.4 37 28 8.7 +0.8
TRFM AAM Transformers ETF 0.3 49 16 1.2 -6.7
VEGI iShares MSCI Agriculture Producers ETF 0.3 39 26 9.2 +1.3
FPAG FPA Global Equity ETF 0.3 49 16 5.7 -2.3
QINT American Century Quality Diversified International ETF 0.3 39 26 7.4 -0.5
ERTH Invesco MSCI Sustainable Future ETF 0.2 62 3 3.7 -4.3
CLNR IQ Cleaner Transport ETF 0.2 45 20 8.3 +0.3
VIGI Vanguard International Dividend Appreciation ETF 0.2 15 50 5.6 -2.4
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.2 45 20 4.9 -3.0
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.1 45 20 6.2 -1.7
SDG iShares MSCI Global Sustainable Development Goals ETF 0.1 49 16 5.8 -2.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.1 45 20 8.5 +0.5
VPL Vanguard FTSE Pacific ETF 0.1 8 57 6.9 -1.0
IDHQ Invesco S&P International Developed High Quality ETF 0.1 29 36 5.8 -2.2
JSTC Adasina Social Justice All Cap Global ETF 0.1 89 -24 4.8 -3.2
FNDF Schwab Fundamental International Large Co. Index ETF 0.1 25 40 9.1 +1.2
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.1 58 7 10.1 +2.2
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.1 24 41 8.6 +0.6
HFXI IQ FTSE International Equity Currency Neutral ETF 0.1 20 45 6.8 -1.1
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 44 3.9 -4.0
SCHF Schwab International Equity ETF 0.0 6 59 7.0 -0.9
APIE ActivePassive International Equity ETF 0.0 45 20 7.7 -0.2
VEA Vanguard FTSE Developed Markets ETF 0.0 5 60 7.0 -0.9
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 26 7.3 -0.6
DIVI Franklin International Core Dividend Tilt Index ETF 0.0 9 56 8.0 +0.1
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 62 6.9 -1.0
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 23 5.1 -2.8

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

  2019 2020 2021 2022 2023 2024E 2025E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2023 2024E 2025E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 JPMorgan Active China ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.4 %
Divided by: Fwd. P/BV 1.4 x
Less: Expense ratio 65 bp
Equals: ALTAR Score 7.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.18 CATEGORY
AVERAGE		 1.39
 
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.