JPMorgan Diversified Return Emerging Markets Equity ETF
ALTAR
Score™		 10.9% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 10.1x P/Sales
ratio		 0.9x
P/BV
ratio		 1.1x Div.
yield		 4.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
JPMorgan Diversified Return Emerging Markets Equity ETF is a U.S. registered exchange-traded fund. The Fund seeks investment results of the FTSE Emerging Diversified Factor Index, which employs a unique risk framework to diversify risks across regions and super sectors, and a multi-factor stock ranking process to identify companies with strong fundamentals.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor JP Morgan Investment Managemen
Website www.jpmorganetfs.com
Inception date Jan 07, 2015
Assets (mns) $332
Currency USD
Expense ratio 44 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-End Investment Company
Custodian JPMorgan Chase Bank
Weighting Tiered
Index replication Optimized
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 560
Wgt avg mkt cap (mns) $61,155
Large cap (>$10bn) 50.8%
Mid cap ($2-10bn) 40.0%
Small cap (<$2bn) 7.4%
Developed mkts 4.2%
Emerging mkts 95.7%

TOP TEN HOLDINGS
RELIANCE INDS-SPONS GDR 144A 2.7 %
TAIWAN SEMICONDUCTOR MANUFAC 1.7 %
INFOSYS TECHNOLOGIES LTD 1.5 %
BANK OF CHINA LTD - H 1.3 %
CHINA CONSTRUCTION BANK-H 1.1 %
VALE SA 1.1 %
PETROBRAS - PETROLEO BRAS-PR 1.0 %
ITAU UNIBANCO HOLDING SA 0.8 %
SAUDI TELECOM CO. 0.7 %
TATA CONSULTANCY SVS LTD 0.7 %
Total 12.7 %

TOP COUNTRY EXPOSURE
CHINA 14.5 %
INDIA 13.3 %
BRAZIL 11.1 %
TAIWAN 10.5 %
TURKEY 8.5 %
MEXICO 6.3 %
SOUTH AFRICA 4.7 %
SAUDI ARABIA 3.8 %
MALAYSIA 3.5 %
UAE 3.1 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 30)
Year-to-date 1 year 5 years 10 years Since Incep.
6.6% 3.0% 8.5% 3.6% 4.0%

Market Correlations
versus... Beta R-squared
S&P500 0.49 43%
MSCI EAFE 0.58 63%
MSCI Emg. Mkts. 0.63 73%

Technical Indicators
Recent close $55.28
30d moving avg. $54.61
Annualized volatility 12.6%
Short interest (ETF) 0.4%
Relative strength (RSI) 58

Liquidity measures
Avg. volume (thou.) 18
Turnover 0.3%
Bid/Ask (% of price) 0.16%
ADV underlying (mns) $11,288

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 365 potential alternatives to the JPMorgan Diversified Return Emerging Markets Equity ETF ETF based on the alternatives' overlap in portfolio holdings with JPEM. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: JPEM Expense: 44 bp ALTAR Score™: 10.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH JPEM
Ticker Fund
Name		 Overlap1
vs JPEM
(%)		 Expense
ratio
(bp)		 Savings
vs JPEM
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs JPEM
(%)
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 31.8 50 -6 11.9 +1.0
XCEM Columbia EM Core ex-China ETF 30.5 16 28 8.4 -2.5
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 30.3 45 -1 11.1 +0.2
JHEM John Hancock Multifactor Emerging Markets ETF 30.2 49 -5 10.7 -0.2
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 29.9 39 5 17.2 +6.3
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 29.8 30 14 10.2 -0.7
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 29.0 24 20 8.5 -2.4
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 27.9 15 29 10.9 -0.0
ECON Columbia Emerging Markets Consumer ETF 27.9 49 -5 13.3 +2.4
EMXC iShares MSCI Emerging Markets ex China ETF 27.8 25 19 8.0 -3.0
BKEM BNY Mellon Emerging Markets Equity ETF 27.6 11 33 10.6 -0.3
PXH Invesco FTSE RAFI Emerging Markets ETF 27.4 49 -5 17.0 +6.1
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 27.4 32 12 7.0 -4.0
XCNY SPDR S&P Emerging Markets ex-China ETF 27.1 15 29 7.7 -3.2
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 26.9 66 -22 10.5 -0.4
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 26.5 36 8 10.4 -0.5
ROAM Hartford Multifactor Emerging Markets ETF 26.4 44 0 12.3 +1.4
EELV Invesco S&P Emerging Markets Low Volatility ETF 26.4 29 15 8.6 -2.3
SCHE Schwab Emerging Markets Equity ETF 26.3 11 33 11.8 +0.9
STXE Strive Emerging Markets Ex-China ETF 25.1 32 12 8.0 -2.9
EMGF iShares Emerging Markets Equity Factor ETF 25.0 25 19 12.3 +1.4
VWO Vanguard FTSE Emerging Markets ETF 24.6 8 36 11.1 +0.2
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 24.5 15 29 8.6 -2.3
LDEM iShares ESG MSCI EM Leaders ETF 24.1 17 27 14.0 +3.1
EEM iShares MSCI Emerging Markets ETF 24.0 69 -25 10.8 -0.1
EVLU iShares MSCI Emerging Markets Value Factor ETF 24.0 35 9 20.9 +10.0
FDEM Fidelity Emerging Markets Multifactor ETF 23.9 25 19 13.6 +2.7
EMXF iShares ESG Advanced MSCI EM ETF 23.7 16 28 8.6 -2.3
RNEM First Trust Emerging Markets Equity Select ETF 23.4 75 -31 7.0 -3.9
EMMF WisdomTree Emerging Markets Multifactor Fund 23.4 48 -4 8.1 -2.8
XC WisdomTree Emerging Markets Ex-China Fund 23.4 32 12 6.2 -4.7
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 23.4 25 19 6.5 -4.4
DEM WisdomTree Emerging Markets High Dividend Fund 23.1 63 -19 13.6 +2.7
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 23.1 59 -15 12.3 +1.4
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 22.7 33 11 10.7 -0.3
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 22.5 30 14 10.9 -0.0
IEMG iShares Core MSCI Emerging Markets ETF 22.0 9 35 11.0 +0.1
DEHP Dimensional Emerging Markets High Profitability ETF 21.9 41 3 7.2 -3.7
SPEM SPDR Portfolio Emerging Markets ETF 21.7 7 37 11.0 +0.1
DFAE Dimensional Emerging Core Equity Market ETF 21.6 35 9 10.2 -0.7
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 21.3 40 4 7.3 -3.6
DFEM Dimensional Emerging Markets Core Equity 2 ETF 20.2 38 6 10.0 -1.0
FLAX Franklin FTSE Asia Ex Japan ETF 19.8 19 25 10.0 -0.9
UEVM VictoryShares Emerging Markets Value Momentum ETF 19.2 45 -1 10.8 -0.1
ESGE iShares ESG Aware MSCI EM ETF 18.9 25 19 10.7 -0.2
FLLA Franklin FTSE Latin America ETF 18.6 19 25 13.4 +2.5
AVEM Avantis Emerging Markets Equity ETF 18.5 33 11 9.5 -1.4
DFEV Dimensional Emerging Markets Value ETF 18.4 43 1 14.1 +3.2
BKF iShares MSCI BIC ETF 18.0 69 -25 13.8 +2.9
AVES Avantis Emerging Markets Value ETF 17.6 36 8 12.0 +1.1
EEMO Invesco S&P Emerging Markets Momentum ETF 17.2 29 15 6.8 -4.1
GMF SPDR S&P Emerging Asia Pacific ETF 17.2 49 -5 10.1 -0.8
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 17.1 41 3 9.5 -1.4
EEMA iShares MSCI Emerging Markets Asia ETF 17.0 49 -5 10.9 -0.0
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 16.7 32 12 9.7 -1.2
NUEM Nuveen ESG Emerging Markets Equity ETF 16.3 36 8 8.2 -2.7
AAXJ iShares MSCI All Country Asia ex Japan ETF 16.0 70 -26 9.9 -1.0
EMDM First Trust Bloomberg Emerging Market Democracies ETF 15.6 75 -31 10.3 -0.6
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 15.6 20 24 10.8 -0.1
FEM First Trust Emerging Markets AlphaDEX Fund 15.3 80 -36 12.0 +1.1
DVYE iShares Emerging Markets Dividend ETF 13.7 49 -5 18.7 +7.8
ECOW Pacer Emerging Markets Cash Cows 100 ETF 13.5 70 -26 15.5 +4.6
FLIN Franklin FTSE India ETF 13.1 19 25 3.9 -7.0
EDIV SPDR S&P Emerging Markets Dividend ETF 13.1 49 -5 11.9 +1.0
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 12.5 95 -51 13.3 +2.4
EPI WisdomTree India Earnings Fund 12.3 85 -41 4.8 -6.1
FTHF First Trust Emerging Markets Human Flourishing ETF 12.2 75 -31 8.9 -2.0
RODE Hartford Multifactor Diversified International ETF 11.9 29 15 11.0 +0.1
FLN First Trust Latin America AlphaDEX Fund 11.9 80 -36 10.2 -0.7
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 11.6 88 -44 9.8 -1.1
FLBR Franklin FTSE Brazil ETF 11.0 19 25 15.7 +4.8
VYMI Vanguard International High Dividend Yield ETF 10.9 22 22 9.8 -1.1
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 10.6 90 -46 8.1 -2.8
FLTW Franklin FTSE Taiwan ETF 10.3 19 25 6.9 -4.0
GXUS Goldman Sachs MarketBeta Total International Equity ETF 9.8 18 26 8.0 -2.9
INDA iShares MSCI India ETF 9.8 65 -21 4.4 -6.6
FRDM Freedom 100 Emerging Markets ETF 9.7 49 -5 8.9 -2.0
FBZ First Trust Brazil AlphaDEX Fund 9.7 80 -36 12.5 +1.6
ACWV iShares MSCI Global Min Vol Factor ETF 9.6 20 24 5.8 -5.1
PIN Invesco India ETF 9.5 78 -34 4.3 -6.6
EWT iShares MSCI Taiwan ETF 9.5 58 -14 6.7 -4.2
SDEM Global X MSCI SuperDividend Emerging Markets ETF 9.3 67 -23 14.0 +3.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 9.3 41 3 7.8 -3.1
ACWX iShares MSCI ACWI ex U.S. ETF 8.6 34 10 7.9 -3.0
VEU Vanguard FTSE All-World ex-US Index Fund 8.6 8 36 8.3 -2.6
EWZ iShares MSCI Brazil ETF 8.6 58 -14 13.7 +2.8
FLCH Franklin FTSE China ETF 8.4 19 25 17.9 +7.0
VXUS Vanguard Total International Stock ETF 8.2 7 37 8.2 -2.7
IQDF FlexShares International Quality Dividend Index Fund 8.2 47 -3 9.3 -1.6
MEM Matthews Emerging Markets Equity Active ETF 8.1 79 -35 8.5 -2.4
IXUS iShares Core MSCI Total International Stock ETF 8.1 7 37 8.1 -2.8
VSGX Vanguard ESG International Stock ETF 8.1 12 32 8.0 -2.9
TUR iShares MSCI Turkey ETF 7.8 58 -14 22.7 +11.8
IQDY FlexShares International Quality Dividend Dynamic Index Fund 7.8 47 -3 8.5 -2.4
VIDI Vident International Equity Strategy ETF 7.7 61 -17 11.2 +0.3
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 7.6 58 -14 9.9 -1.0
SCHY Schwab International Dividend Equity ETF 7.5 14 30 9.6 -1.3
KALL KraneShares MSCI All China Index ETF 7.4 49 -5 14.9 +4.0
GXC SPDR S&P China ETF 7.3 59 -15 17.5 +6.6
MCHI iShares MSCI China ETF 7.3 59 -15 18.9 +8.0
GVAL Cambria Global Value ETF 7.2 68 -24 11.2 +0.3
NFTY First Trust India NIFTY 50 Equal Weight ETF 6.9 80 -36 4.9 -6.0
AIA iShares Asia 50 ETF 6.8 50 -6 14.7 +3.8
DEW WisdomTree Global High Dividend Fund 6.8 58 -14 8.8 -2.1
DFAX Dimensional World ex U.S. Core Equity 2 ETF 6.7 30 14 8.3 -2.6
INDY iShares India 50 ETF 6.7 89 -45 4.6 -6.4
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 6.6 42 2 6.8 -4.2
EYLD Cambria Emerging Shareholder Yield ETF 6.4 66 -22 13.0 +2.1
EWW iShares MSCI Mexico ETF 6.1 50 -6 9.2 -1.7
ILF iShares Latin America 40 ETF 6.1 48 -4 13.4 +2.5
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 6.0 80 -36 15.1 +4.2
EEMS iShares MSCI Emerging Markets Small Cap ETF 5.8 70 -26 7.8 -3.1
CWI SPDR MSCI ACWI ex-US ETF 5.6 30 14 7.9 -3.0
FLMX Franklin FTSE Mexico ETF 5.5 19 25 9.5 -1.4
GLOF iShares Global Equity Factor ETF 5.1 20 24 6.9 -4.0
FXI iShares China Large-Cap ETF 5.0 74 -30 18.9 +8.0
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 5.0 46 -2 10.7 -0.2
CGXU Capital Group International Focus Equity ETF 4.8 54 -10 5.8 -5.1
EDOG ALPS Emerging Sector Dividend Dogs ETF 4.8 60 -16 10.8 -0.1
EMC Global X Emerging Markets Great Consumer ETF 4.8 75 -31 8.4 -2.5
WWJD Inspire International ETF 4.8 80 -36 7.3 -3.6
SDIV Global X Superdividend ETF 4.4 58 -14 42.4 +31.5
OBOR KraneShares MSCI One Belt One Road Index ETF 4.4 79 -35 8.8 -2.1
NXTG First Trust Indxx NextG ETF 4.1 70 -26 5.6 -5.3
EMM Global X Emerging Markets ex-China ETF 4.0 75 -31 6.1 -4.8
CRBN iShares MSCI ACWI Low Carbon Target ETF 3.9 20 24 6.0 -4.9
FILL iShares MSCI Global Energy Producers ETF 3.9 39 5 12.7 +1.8
AFK VanEck Africa Index ETF 3.8 98 -54 12.0 +1.1
PICK iShares MSCI Global Metals & Mining Producers ETF 3.8 39 5 14.1 +3.2
FCA First Trust China AlphaDEX Fund 3.8 80 -36 9.9 -1.0
KSA iShares MSCI Saudi Arabia ETF 3.8 74 -30 0.0 -10.9
IGRO iShares International Dividend Growth ETF 3.7 15 29 7.1 -3.8
BLES Inspire Global Hope ETF 3.6 61 -17 7.0 -3.9
MINV Matthews Asia Innovators Active ETF 3.6 79 -35 7.8 -3.1
JSTC Adasina Social Justice All Cap Global ETF 3.5 89 -45 4.5 -6.4
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 3.5 65 -21 8.1 -2.8
ACWI iShares MSCI ACWI ETF 3.5 32 12 5.9 -5.0
FLSA Franklin FTSE Saudi Arabia ETF 3.5 39 5 0.0 -10.9
EZA iShares MSCI South Africa ETF 3.4 58 -14 10.3 -0.6
EWM iShares MSCI Malaysia ETF 3.4 50 -6 7.0 -3.9
VT Vanguard Total World Stock ETF 3.3 7 37 6.2 -4.7
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 3.1 60 -16 7.1 -3.8
KLMT Invesco MSCI Global Climate 500 ETF 3.1 10 34 6.0 -4.9
UAE iShares MSCI UAE ETF 3.0 59 -15 0.0 -10.9
DSTX Distillate International Fundamental Stability & Value ETF 2.8 55 -11 8.3 -2.6
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 2.8 86 -42 14.1 +3.2
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 2.8 86 -42 0.3 -10.6
VIGI Vanguard International Dividend Appreciation ETF 2.7 15 29 6.1 -4.8
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 2.7 12 32 5.3 -5.6
ASEA Global X FTSE Southeast Asia ETF 2.7 65 -21 6.9 -4.0
INQQ India Internet & Ecommerce ETF 2.7 86 -42 1.0 -9.9
IWTR iShares MSCI Water Management Multisector ETF 2.7 47 -3 6.1 -4.8
LEGR First Trust Indxx Innovative Transaction & Process ETF 2.6 65 -21 8.2 -2.7
JCHI JPMorgan Active China ETF 2.6 65 -21 16.5 +5.6
INCO Columbia India Consumer ETF 2.5 75 -31 1.8 -9.2
GSIB Themes Global Systemically Important Banks ETF 2.4 35 9 10.2 -0.7
IDX VanEck Indonesia Index ETF 2.3 57 -13 7.4 -3.5
KNCT Invesco Next Gen Connectivity ETF 2.3 40 4 5.2 -5.7
EIDO iShares MSCI Indonesia ETF 2.3 59 -15 7.5 -3.4
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 2.3 60 -16 12.7 +1.8
CLNR IQ Cleaner Transport ETF 2.3 45 -1 6.9 -4.0
IXG iShares Global Financials ETF 2.3 42 2 6.8 -4.1
JIG JPMorgan International Growth ETF 2.2 55 -11 4.7 -6.2
GREK Global X MSCI Greece ETF 2.2 57 -13 11.0 +0.1
DGT SPDR Global Dow ETF 2.2 50 -6 7.4 -3.5
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 2.2 65 -21 6.2 -4.7
ADIV SmartETFs Asia Pacific Dividend Builder ETF 2.1 78 -34 9.8 -1.1
MOTG VanEck Morningstar Global Wide Moat ETF 2.1 52 -8 6.8 -4.1
CGGO Capital Group Global Growth Equity ETF 2.0 47 -3 4.9 -6.0
DWX SPDR S&P International Dividend ETF 2.0 45 -1 6.1 -4.9
IVES Wedbush ETFMG Global Cloud Technology ETF 2.0 68 -24 8.4 -2.6
IXN iShares Global Tech ETF 2.0 41 3 4.2 -6.7
AIVC Amplify Bloomberg AI Value Chain ETF 2.0 59 -15 6.8 -4.1
PATN Pacer Nasdaq International Patent Leaders ETF 2.0 65 -21 6.6 -4.3
SDG iShares MSCI Global Sustainable Development Goals ETF 2.0 49 -5 6.4 -4.5
GLIN VanEck India Growth Leaders ETF 2.0 77 -33 6.2 -4.7
RCGE RockCreek Global Equality ETF 2.0 95 -51 6.4 -4.5
ICLN iShares Global Clean Energy ETF 1.9 41 3 6.2 -4.7
XT iShares Exponential Technologies ETF 1.9 46 -2 5.7 -5.3
MCH Matthews China Active ETF 1.9 79 -35 16.3 +5.4
CXSE WisdomTree China ex-State-Owned Enterprises Fund 1.8 32 12 19.0 +8.1
ECH iShares MSCI Chile ETF 1.8 58 -14 8.8 -2.1
DTCR Global X Data Center & Digital Infrastructure ETF 1.8 50 -6 4.7 -6.2
CHAT Roundhill Generative AI & Technology ETF 1.7 75 -31 7.0 -3.9
AGQI First Trust Active Global Quality Income ETF 1.7 85 -41 4.9 -6.0
FBOT Fidelity Disruptive Automation ETF 1.7 50 -6 3.9 -7.1
OAIM OneAscent International Equity ETF 1.7 95 -51 6.1 -4.8
MOTI VanEck Morningstar International Moat ETF 1.7 58 -14 12.8 +1.9
NDIA Global X India Active ETF 1.7 75 -31 4.7 -6.3
CNYA iShares MSCI China A ETF 1.6 60 -16 7.2 -3.7
EWX SPDR S&P Emerging Markets Small Cap ETF 1.6 65 -21 8.3 -2.6
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.6 80 -36 10.2 -0.7
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.6 12 32 8.2 -2.7
TTAI FCF International Quality ETF 1.6 59 -15 7.1 -3.8
EWZS iShares MSCI Brazil Small-Cap ETF 1.6 59 -15 11.5 +0.6
ICOP iShares Copper and Metals Mining ETF 1.5 47 -3 9.5 -1.4
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 1.5 47 -3 5.7 -5.2
ARTY iShares Future AI & Tech ETF 1.5 47 -3 3.7 -7.2
CCNR ALPS CoreCommodity Natural Resources ETF 1.4 39 5 12.0 +1.1
FEUZ First Trust Eurozone AlphaDEX ETF 1.4 80 -36 9.2 -1.7
JGLO JPMorgan Global Select Equity ETF 1.4 33 11 5.2 -5.8
QAT iShares MSCI Qatar ETF 1.4 59 -15 42.6 +31.7
FEP First Trust Europe AlphaDEX Fund 1.3 80 -36 9.3 -1.6
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 1.3 55 -11 8.3 -2.6
DGIN VanEck Digital India ETF 1.3 71 -27 1.9 -9.0
IPAV Global X Infrastructure Development ex-U.S. ETF 1.3 55 -11 7.9 -3.0
EMIF iShares Emerging Markets Infrastructure ETF 1.3 60 -16 6.8 -4.2
WRND IQ Global Equity R&D Leaders ETF 1.2 18 26 8.9 -2.0
KXI iShares Global Consumer Staples ETF 1.2 41 3 5.3 -5.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.1 9 35 6.1 -4.8
EFRA iShares Environmental Infrastructure and Industrials ETF 1.1 47 -3 5.3 -5.6
VEGI iShares MSCI Agriculture Producers ETF 1.1 39 5 8.7 -2.2
KURE KraneShares MSCI All China Health Care Index ETF 1.0 65 -21 3.1 -7.8
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.0 58 -14 5.0 -5.9
DMAT Global X Disruptive Materials ETF 1.0 59 -15 10.6 -0.3
VCLN Virtus Duff & Phelps Clean Energy ETF 1.0 59 -15 5.9 -5.0
BRF VanEck Brazil Small-Cap ETF 1.0 66 -22 12.1 +1.2
BINV Brandes International ETF 1.0 70 -26 9.8 -1.1
CGV Conductor Global Equity Value ETF 0.9 130 -86 9.1 -1.8
FTAG First Trust Indxx Global Agriculture ETF 0.9 70 -26 8.5 -2.4
MXI iShares Global Materials ETF 0.9 41 3 8.0 -2.9
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.9 85 -41 10.5 -0.4
RAYC Rayliant Quantamental China Equity ETF 0.9 80 -36 8.9 -2.0
RFEU First Trust Riverfront Dynamic Europe ETF 0.8 83 -39 10.4 -0.5
CHIQ Global X MSCI China Consumer Discretionary ETF 0.8 65 -21 15.5 +4.6
BRAZ Global X Brazil Active ETF 0.8 75 -31 13.2 +2.3
ABLG Abacus FCF International Leaders ETF 0.8 59 -15 6.2 -4.7
JETS U.S. Global Jets ETF 0.8 60 -16 3.8 -7.1
JXI iShares Global Utilities ETF 0.8 43 1 5.9 -5.0
CRAK VanEck Oil Refiners ETF 0.8 61 -17 15.9 +5.0
IPKW Invesco International BuyBack Achievers ETF 0.7 55 -11 14.5 +3.6
GMET VanEck Green Metals ETF 0.7 63 -19 10.4 -0.5
HAP VanEck Natural Resources ETF 0.7 50 -6 10.1 -0.8
TCHI iShares MSCI China Multisector Tech ETF 0.7 59 -15 22.0 +11.1
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 0.7 80 -36 9.8 -1.1
COPY Tweedy, Browne Insider + Value ETF 0.7 80 -36 12.5 +1.6
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.7 46 -2 5.4 -5.5
RFDI First Trust Riverfront Dynamic Developed International ETF 0.6 83 -39 9.6 -1.3
SHPP Pacer Industrials and Logistics ETF 0.6 60 -16 8.4 -2.5
MOO VanEck Agribusiness ETF 0.6 53 -9 10.6 -0.3
BLLD JPMorgan Sustainable Infrastructure ETF 0.6 49 -5 6.2 -4.7
ARGT Global X MSCI Argentina ETF 0.6 59 -15 3.6 -7.3
ISHP First Trust Nasdaq Retail ETF 0.6 60 -16 6.0 -4.9
GII SPDR S&P Global Infrastructure ETF 0.6 40 4 4.7 -6.2
ION ProShares S&P Global Core Battery Metals ETF 0.6 58 -14 12.7 +1.8
IGF iShares Global Infrastructure ETF 0.6 41 3 4.7 -6.2
UIVM VictoryShares International Value Momentum ETF 0.6 35 9 9.3 -1.6
BJK VanEck Gaming ETF 0.6 65 -21 4.4 -6.5
CGW Invesco S&P Global Water Index ETF 0.5 57 -13 4.7 -6.3
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.5 80 -36 4.9 -6.0
OSEA Harbor International Compounders ETF 0.5 55 -11 4.6 -6.3
RWX SPDR Dow Jones International Real Estate ETF 0.5 59 -15 6.9 -4.0
ANEW ProShares MSCI Transformational Changes ETF 0.5 45 -1 6.3 -4.6
RWO SPDR Dow Jones Global Real Estate ETF 0.5 50 -6 7.0 -3.9
BATT Amplify Lithium & Battery Technology ETF 0.5 59 -15 3.8 -7.1
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.5 10 34 8.3 -2.7
RNRG Global X Renewable Energy Producers ETF 0.4 66 -22 5.8 -5.1
SUPL ProShares Supply Chain Logistics ETF 0.4 58 -14 11.0 +0.1
RING iShares MSCI Global Gold Miners ETF 0.4 39 5 5.6 -5.3
SLVP iShares MSCI Global Silver Miners ETF 0.4 39 5 5.7 -5.2
REET iShares Global REIT ETF 0.4 14 30 7.5 -3.4
ECNS iShares MSCI China Small-Cap ETF 0.4 59 -15 10.6 -0.3
AQWA Global X Clean Water ETF 0.4 50 -6 5.0 -5.9
HART IQ Healthy Hearts ETF 0.4 45 -1 6.6 -4.3
PIO Invesco Global Water ETF 0.4 75 -31 4.9 -6.0
IXP iShares Global Comm Services ETF 0.4 42 2 6.3 -4.7
NLR VanEck Uranium+Nuclear Energy ETF 0.4 61 -17 2.4 -8.5
SHLD Global X Defense Tech ETF 0.4 50 -6 3.2 -7.7
WAR U.S. Global Tech and Aerospace & Defense ETF 0.4 60 -16 3.6 -7.3
DFGR Dimensional Global Real Estate ETF 0.4 22 22 7.4 -3.5
IXC iShares Global Energy ETF 0.4 44 0 11.0 +0.1
GTEK Goldman Sachs Future Tech Leaders Equity ETF 0.4 75 -31 3.3 -7.6
FPXI First Trust International Equity Opportunities ETF 0.3 70 -26 3.6 -7.3
OCEN IQ Clean Oceans ETF 0.3 45 -1 6.6 -4.3
EWS iShares MSCI Singapore ETF 0.3 50 -6 5.2 -5.7
IVAL Alpha Architect International Quantitative Value ETF 0.3 49 -5 11.3 +0.4
RODM Hartford Multifactor Developed Markets (ex-US) ETF 0.3 29 15 7.9 -3.0
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 0.3 65 -21 3.7 -7.2
EPHE iShares MSCI Philippines ETF 0.3 59 -15 0.0 -10.9
IDOG ALPS International Sector Dividend Dogs ETF 0.3 50 -6 12.4 +1.5
AVRE Avantis Real Estate ETF 0.3 17 27 7.1 -3.8
BETZ Roundhill Sports Betting & iGaming ETF 0.3 75 -31 2.2 -8.7
BNGE First Trust S-Network Streaming and Gaming ETF 0.3 70 -26 3.2 -7.7
IDAT iShares Future Cloud 5G and Tech ETF 0.3 47 -3 5.2 -5.7
GGME Invesco Next Gen Media and Gaming ETF 0.3 60 -16 4.6 -6.3
QTUM Defiance Quantum ETF 0.3 40 4 6.6 -4.3
SNSR Global X Internet of Things ETF 0.3 68 -24 4.8 -6.1
WTAI WisdomTree Artificial Intelligence and Innovation Fund 0.3 45 -1 3.1 -7.8
CGGR Capital Group Growth ETF 0.3 39 5 3.4 -7.5
CGDG Capital Group Dividend Growers ETF 0.3 47 -3 6.3 -4.6
CARZ First Trust NASDAQ Global Auto Index Fund 0.3 70 -26 6.1 -4.8
FTRI First Trust Indxx Global Natural Resources Income ETF 0.3 70 -26 8.5 -2.5
PID Invesco International Dividend Achievers ETF 0.3 53 -9 5.6 -5.3
CUT Invesco MSCI Global Timber ETF 0.3 61 -17 10.2 -0.7
WOOD iShares Global Timber & Forestry ETF 0.3 42 2 12.1 +1.2
BOAT SonicShares Global Shipping ETF 0.3 69 -25 28.1 +17.2
KGRN KraneShares MSCI China Clean Technology Index ETF 0.2 79 -35 3.8 -7.1
FENI Fidelity Enhanced International ETF 0.2 28 16 6.7 -4.2
INDF Nifty India Financials ETF 0.2 75 -31 6.4 -4.6
EXI iShares Global Industrials ETF 0.2 42 2 4.6 -6.3
NATO Themes Transatlantic Defense ETF 0.2 35 9 2.7 -8.2
ERTH Invesco MSCI Sustainable Future ETF 0.2 62 -18 3.6 -7.3
AIS VistaShares Artificial Intelligence Supercycle ETF 0.2 75 -31 4.0 -6.9
EPP iShares MSCI Pacific ex-Japan ETF 0.2 47 -3 5.5 -5.4
FDNI First Trust Dow Jones International Internet ETF 0.2 65 -21 19.9 +9.0
HERO Global X Video Games & Esports ETF 0.2 50 -6 4.2 -6.7
OND ProShares On-Demand ETF 0.2 58 -14 0.8 -10.1
ETEC iShares Breakthrough Environmental Solutions ETF 0.2 47 -3 3.9 -7.0
CGRO CoreValues Alpha Greater China Growth ETF 0.2 75 -31 4.3 -6.6
FID First Trust S&P International Dividend Aristocrats ETF 0.2 60 -16 8.3 -2.6
WDIV SPDR S&P Global Dividend ETF 0.2 40 4 9.6 -1.4
FPAG FPA Global Equity ETF 0.2 49 -5 6.1 -4.8
GOAU U.S. Global GO GOLD and Precious Metal Miners ETF 0.2 60 -16 3.8 -7.1
GNR SPDR S&P Global Natural Resources ETF 0.2 40 4 11.8 +0.9
INTF iShares International Equity Factor ETF 0.2 15 29 7.8 -3.1
AVIV Avantis International Large Cap Value ETF 0.2 25 19 8.9 -2.0
BLDG Cambria Global Real Estate ETF 0.2 60 -16 12.2 +1.3
EPU iShares MSCI Peru and Global Exposure ETF 0.2 59 -15 7.5 -3.4
VGSR Vert Global Sustainable Real Estate ETF 0.2 47 -3 7.2 -3.8
FEOE First Eagle Overseas Equity ETF 0.2 79 -35 8.3 -2.6
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.2 80 -36 11.9 +1.0
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.2 45 -1 4.5 -6.4
IQRA IQ CBRE Real Assets ETF 0.2 65 -21 5.7 -5.2
AVDE Avantis International Equity ETF 0.1 23 21 7.7 -3.2
IXJ iShares Global Healthcare ETF 0.1 42 2 7.2 -3.7
SMIN iShares MSCI India Small Cap ETF 0.1 79 -35 3.6 -7.4
URA Global X Uranium ETF 0.1 69 -25 2.3 -8.6
BOTT Themes Robotics & Automation ETF 0.1 35 9 5.1 -5.8
FNDC Schwab Fundamental International Small Co. Index ETF 0.1 39 5 6.1 -4.9
GXG Global X MSCI Colombia ETF 0.1 62 -18 17.3 +6.4
SMOG VanEck Low Carbon Energy ETF 0.1 61 -17 1.6 -9.3
IMTM iShares MSCI Intl Momentum Factor ETF 0.1 30 14 5.4 -5.6
IHAK iShares Cybersecurity & Tech ETF 0.1 47 -3 3.6 -7.3
IQLT iShares MSCI Intl Quality Factor ETF 0.1 30 14 6.2 -4.7
DIHP Dimensional International High Profitability ETF 0.1 29 15 7.2 -3.7
IPAC iShares Core MSCI Pacific ETF 0.1 9 35 6.9 -4.0
RXI iShares Global Consumer Discretionary ETF 0.1 41 3 9.1 -1.8
IVLU iShares MSCI Intl Value Factor ETF 0.1 30 14 10.8 -0.1
IQSI IQ Candriam International Equity ETF 0.1 15 29 6.6 -4.3
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.0 49 -5 7.3 -3.6
EFG iShares MSCI EAFE Growth ETF 0.0 36 8 4.4 -6.5
DFIC Dimensional International Core Equity 2 ETF 0.0 23 21 7.7 -3.2
BKIE BNY Mellon International Equity ETF 0.0 4 40 7.1 -3.8
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.0 36 8 6.7 -4.2
GSID Goldman Sachs MarketBeta International Equity ETF 0.0 20 24 7.0 -3.9
KSTR KraneShares SSE STAR Market 50 Index ETF 0.0 89 -45 1.7 -9.2
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 5 6.8 -4.1
SETM Sprott Energy Transition Materials ETF 0.0 65 -21 4.3 -6.6
NIKL Sprott Nickel Miners ETF 0.0 75 -31 15.0 +4.1
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 20 6.5 -4.4
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.0 30 14 7.0 -3.9
DFAI Dimensional International Core Equity Market ETF 0.0 18 26 7.3 -3.6
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.0 20 24 6.4 -4.5
EFA iShares MSCI EAFE ETF 0.0 35 9 6.9 -4.0
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.0 25 19 7.2 -3.7
IEFA iShares Core MSCI EAFE ETF 0.0 7 37 7.2 -3.7
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 40 7.2 -3.8
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 41 7.2 -3.7
CTEC Global X CleanTech ETF 0.0 50 -6 3.1 -7.8
GINN Goldman Sachs Innovate Equity ETF 0.0 52 -8 4.2 -6.7
KOKU Xtrackers MSCI Kokusai Equity ETF 0.0 9 35 5.4 -5.5
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 14 6.2 -4.7
TOK iShares MSCI Kokusai ETF 0.0 26 18 5.3 -5.6
URTH iShares MSCI World ETF 0.0 24 20 5.4 -5.5
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.0 7 37 7.0 -3.9

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 Diversified Return Emerging Markets Equity 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 12.2 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 44 bp
Equals: ALTAR Score 10.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.57 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.