JPMorgan Diversified Return Emerging Markets Equity ETF
ALTAR
Score™		 10.3% info Recommen-
dation		 OVERWEIGHT
2024E    2025E
P/E
ratio		 8.8x P/Sales
ratio		 0.8x
P/BV
ratio		 1.3x Div.
yield		 4.5%


  • 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) $313
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 563
Wgt avg mkt cap (mns) $49,116
Large cap (>$10bn) 49.5%
Mid cap ($2-10bn) 43.1%
Small cap (<$2bn) 6.3%
Developed mkts 3.9%
Emerging mkts 96.1%

TOP TEN HOLDINGS
INFOSYS TECHNOLOGIES LTD 1.6 %
TAIWAN SEMICONDUCTOR MANUFAC 1.3 %
PETROBRAS - PETROLEO BRAS-PR 1.2 %
GRUPO FINANCIERO BANORTE-O 1.0 %
VALE SA 1.0 %
TATA CONSULTANCY SVS LTD 1.0 %
RELIANCE INDUSTRIES LTD 0.9 %
BANK OF CHINA LTD - H 0.9 %
HINDUSTAN UNILEVER LIMITED 0.9 %
SAUDI ARABIAN OIL COMPANY (SAUDI A 0.7 %
Total 10.4 %

TOP COUNTRY EXPOSURE
CHINA 19.9 %
INDIA 12.1 %
TAIWAN 11.4 %
TURKEY 9.3 %
BRAZIL 8.5 %
MEXICO 7.8 %
SAUDI ARABIA 4.8 %
INDONESIA 4.1 %
SOUTH AFRICA 3.5 %
THAILAND 3.0 %

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.
2.4% 12.7% 4.2% -- 4.1%

Market Correlations
versus... Beta R-squared
S&P500 0.52 51%
MSCI EAFE 0.67 79%
MSCI Emg. Mkts. 0.65 81%

Technical Indicators
Recent close $53.89
30d moving avg. $50.80
Annualized volatility 12.8%
Short interest (ETF) 0.3%
Relative strength (RSI) 68

Liquidity measures
Avg. volume (thou.) 17
Turnover 0.3%
Bid/Ask (% of price) 0.16%
ADV underlying (mns) $15,451

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 347 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™: 10.3%


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 35.3 50 -6 10.5 +0.2
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 33.8 45 -1 8.6 -1.7
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 31.5 30 14 8.5 -1.8
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 31.4 39 5 12.5 +2.2
JHEM John Hancock Multifactor Emerging Markets ETF 31.3 49 -5 8.3 -2.0
SCHE Schwab Emerging Markets Equity ETF 31.0 11 33 7.6 -2.7
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 29.9 32 12 7.6 -2.7
EMXC iShares MSCI Emerging Markets ex China ETF 29.4 25 19 6.7 -3.6
BKEM BNY Mellon Emerging Markets Equity ETF 29.1 11 33 7.7 -2.6
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 28.6 36 8 7.5 -2.8
VWO Vanguard FTSE Emerging Markets ETF 28.6 8 36 7.6 -2.7
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 28.5 24 20 7.1 -3.2
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 28.3 66 -22 7.2 -3.1
EMGF iShares Emerging Markets Equity Factor ETF 28.2 25 19 8.7 -1.6
EEM iShares MSCI Emerging Markets ETF 27.4 69 -25 7.0 -3.3
PXH Invesco FTSE RAFI Emerging Markets ETF 27.2 49 -5 12.4 +2.1
EMXF iShares ESG Advanced MSCI EM ETF 26.2 16 28 7.4 -2.9
LDEM iShares ESG MSCI EM Leaders ETF 25.9 17 27 7.7 -2.6
RNEM First Trust Emerging Markets Equity Select ETF 25.6 75 -31 8.2 -2.1
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 25.2 25 19 7.0 -3.3
STXE Strive Emerging Markets Ex-China ETF 25.2 32 12 6.9 -3.4
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 25.1 15 29 7.1 -3.2
XCEM Columbia EM Core ex-China ETF 25.1 16 28 7.4 -2.9
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 25.0 20 24 7.5 -2.8
IEMG iShares Core MSCI Emerging Markets ETF 24.9 9 35 7.5 -2.8
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 24.8 30 14 7.5 -2.8
ROAM Hartford Multifactor Emerging Markets ETF 24.3 44 0 11.7 +1.4
DFAE Dimensional Emerging Core Equity Market ETF 23.9 35 9 7.7 -2.6
FDEM Fidelity Emerging Markets Multifactor ETF 23.9 25 19 11.9 +1.6
SPEM SPDR Portfolio Emerging Markets ETF 23.7 7 37 7.5 -2.8
DEHP Dimensional Emerging Markets High Profitability ETF 23.5 41 3 7.3 -3.0
EELV Invesco S&P Emerging Markets Low Volatility ETF 23.2 29 15 8.3 -2.0
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 22.8 33 11 7.2 -3.1
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 22.2 18 26 7.9 -2.4
EMMF WisdomTree Emerging Markets Multifactor Fund 22.0 48 -4 9.4 -0.9
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 21.8 59 -15 9.6 -0.7
XC WisdomTree Emerging Markets Ex-China Fund 21.7 32 12 6.2 -4.1
DFEM Dimensional Emerging Markets Core Equity 2 ETF 21.6 38 6 8.2 -2.1
ESGE iShares ESG Aware MSCI EM ETF 21.6 25 19 7.7 -2.6
BKF iShares MSCI BIC ETF 21.3 69 -25 7.1 -3.2
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 21.2 40 4 7.1 -3.2
FLAX Franklin FTSE Asia Ex Japan ETF 21.1 19 25 7.2 -3.1
DEM WisdomTree Emerging Markets High Dividend Fund 21.0 63 -19 12.9 +2.6
EEMA iShares MSCI Emerging Markets Asia ETF 20.6 49 -5 6.7 -3.6
GMF SPDR S&P Emerging Asia Pacific ETF 20.1 49 -5 6.4 -3.9
AAXJ iShares MSCI All Country Asia ex Japan ETF 19.4 70 -26 6.3 -4.0
DFEV Dimensional Emerging Markets Value ETF 18.9 43 1 10.9 +0.6
AVEM Avantis Emerging Markets Equity ETF 18.4 33 11 9.1 -1.2
UEVM VictoryShares Emerging Markets Value Momentum ETF 18.2 45 -1 12.7 +2.4
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 18.1 41 3 7.8 -2.5
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 18.1 32 12 6.3 -4.0
FLLA Franklin FTSE Latin America ETF 17.5 19 25 11.7 +1.4
AVES Avantis Emerging Markets Value ETF 17.3 36 8 12.1 +1.8
FEM First Trust Emerging Markets AlphaDEX Fund 17.1 80 -36 16.3 +6.0
EEMO Invesco S&P Emerging Markets Momentum ETF 16.5 29 15 6.2 -4.1
NUEM Nuveen ESG Emerging Markets Equity ETF 15.9 36 8 6.8 -3.5
EMDM First Trust Bloomberg Emerging Market Democracies ETF 15.6 75 -31 9.6 -0.7
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 14.0 88 -44 6.2 -4.1
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 13.0 20 24 10.7 +0.4
DVYE iShares Emerging Markets Dividend ETF 12.7 49 -5 16.6 +6.3
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 12.4 95 -51 11.4 +1.1
FLIN Franklin FTSE India ETF 12.0 19 25 5.2 -5.1
ECOW Pacer Emerging Markets Cash Cows 100 ETF 11.8 70 -26 11.4 +1.1
ACWV iShares MSCI Global Min Vol Factor ETF 11.7 20 24 6.7 -3.6
VYMI Vanguard International High Dividend Yield ETF 11.5 22 22 9.7 -0.6
EPI WisdomTree India Earnings Fund 11.3 85 -41 6.6 -3.7
EDIV SPDR S&P Emerging Markets Dividend ETF 11.2 49 -5 10.9 +0.6
FLCH Franklin FTSE China ETF 11.2 19 25 9.6 -0.7
FLTW Franklin FTSE Taiwan ETF 11.1 19 25 6.0 -4.3
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 11.0 90 -46 7.0 -3.3
PIN Invesco India ETF 11.0 78 -34 3.8 -6.5
INDA iShares MSCI India ETF 10.8 65 -21 3.7 -6.6
RODE Hartford Multifactor Diversified International ETF 10.7 29 15 11.5 +1.2
EWT iShares MSCI Taiwan ETF 10.6 58 -14 5.7 -4.6
SDEM Global X MSCI SuperDividend Emerging Markets ETF 10.5 67 -23 17.5 +7.2
MCHI iShares MSCI China ETF 9.9 59 -15 8.9 -1.4
FLN First Trust Latin America AlphaDEX Fund 9.7 80 -36 11.1 +0.8
IQDF FlexShares International Quality Dividend Index Fund 9.7 47 -3 10.7 +0.4
ECON Columbia Emerging Markets Consumer ETF 9.5 49 -5 4.8 -5.5
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 9.2 41 3 6.7 -3.6
NFTY First Trust India NIFTY 50 Equal Weight ETF 9.2 80 -36 6.1 -4.2
ACWX iShares MSCI ACWI ex U.S. ETF 9.2 34 10 6.7 -3.6
KALL KraneShares MSCI All China Index ETF 9.2 49 -5 9.4 -0.9
VEU Vanguard FTSE All-World ex-US Index Fund 9.1 8 36 7.2 -3.1
IQDE FlexShares International Quality Dividend Defensive Index ET 9.0 47 -3 10.7 +0.4
GXC SPDR S&P China ETF 8.9 59 -15 9.0 -1.3
VXUS Vanguard Total International Stock ETF 8.8 7 37 7.1 -3.2
EDOG ALPS Emerging Sector Dividend Dogs ETF 8.7 60 -16 14.7 +4.4
INDY iShares India 50 ETF 8.5 89 -45 3.7 -6.6
FLBR Franklin FTSE Brazil ETF 8.5 19 25 12.4 +2.1
IXUS iShares Core MSCI Total International Stock ETF 8.5 7 37 6.9 -3.4
TUR iShares MSCI Turkey ETF 8.4 58 -14 18.6 +8.3
VSGX Vanguard ESG International Stock ETF 7.9 12 32 6.8 -3.5
FLMX Franklin FTSE Mexico ETF 7.7 19 25 10.8 +0.5
EEMD AAM S&P Emerging Markets High Dividend Value ETF 7.6 49 -5 19.0 +8.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 7.3 30 14 7.8 -2.5
IQDY FlexShares International Quality Dividend Dynamic Index Fund 7.2 47 -3 10.3 -0.0
SCHY Schwab International Dividend Equity ETF 7.1 14 30 9.3 -1.0
EWW iShares MSCI Mexico ETF 6.9 50 -6 9.7 -0.6
EWZ iShares MSCI Brazil ETF 6.9 58 -14 11.9 +1.6
VIDI Vident International Equity Strategy ETF 6.8 61 -17 11.9 +1.6
DEW WisdomTree Global High Dividend Fund 6.8 58 -14 9.1 -1.2
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 6.7 80 -36 14.2 +3.9
FRDM Freedom 100 Emerging Markets ETF 6.7 49 -5 7.3 -3.0
FBZ First Trust Brazil AlphaDEX Fund 6.7 80 -36 11.9 +1.6
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 6.4 58 -14 10.1 -0.2
EYLD Cambria Emerging Shareholder Yield ETF 6.2 66 -22 12.1 +1.8
CN Xtrackers MSCI All China Equity ETF 5.9 50 -6 8.7 -1.6
CWI SPDR MSCI ACWI ex-US ETF 5.8 30 14 6.8 -3.5
ILF iShares Latin America 40 ETF 5.7 48 -4 10.3 -0.0
FCA First Trust China AlphaDEX Fund 5.6 80 -36 17.6 +7.4
CNYA iShares MSCI China A ETF 5.5 60 -16 8.6 -1.7
GLOF iShares Global Equity Factor ETF 5.4 20 24 7.1 -3.2
EMC Global X Emerging Markets Great Consumer ETF 5.3 75 -31 4.9 -5.4
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 5.3 65 -21 8.9 -1.4
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 5.3 42 2 6.8 -3.5
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 5.3 60 -16 10.0 -0.3
WWJD Inspire International ETF 5.2 80 -36 7.1 -3.2
EEMS iShares MSCI Emerging Markets Small Cap ETF 5.2 70 -26 7.2 -3.1
EMM Global X Emerging Markets ex-China ETF 5.1 75 -31 3.7 -6.6
FILL iShares MSCI Global Energy Producers ETF 5.1 39 5 9.0 -1.3
FXI iShares China Large-Cap ETF 5.0 74 -30 9.6 -0.7
IGRO iShares International Dividend Growth ETF 5.0 15 29 7.1 -3.2
AIA iShares Asia 50 ETF 4.9 50 -6 6.9 -3.4
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 4.8 65 -21 6.3 -4.0
FLSA Franklin FTSE Saudi Arabia ETF 4.8 39 5 5.7 -4.6
NXTG First Trust Indxx NextG ETF 4.6 70 -26 6.0 -4.3
KSA iShares MSCI Saudi Arabia ETF 4.5 74 -30 5.6 -4.7
GVAL Cambria Global Value ETF 4.5 68 -24 12.3 +2.1
OBOR KraneShares MSCI One Belt One Road Index ETF 4.3 79 -35 10.3 +0.0
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 4.3 46 -2 8.8 -1.5
TTAI FCF International Quality ETF 4.2 59 -15 7.4 -2.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 4.2 20 24 5.6 -4.7
MEM Matthews Emerging Markets Equity Active ETF 4.0 79 -35 5.7 -4.6
EIDO iShares MSCI Indonesia ETF 3.8 59 -15 7.6 -2.7
BLES Inspire Global Hope ETF 3.8 61 -17 6.3 -4.0
ACWI iShares MSCI ACWI ETF 3.8 32 12 5.5 -4.8
RAYC Rayliant Quantamental China Equity ETF 3.6 80 -36 8.7 -1.6
IDX VanEck Indonesia Index ETF 3.5 57 -13 7.9 -2.4
VIGI Vanguard International Dividend Appreciation ETF 3.5 15 29 5.6 -4.7
VT Vanguard Total World Stock ETF 3.4 7 37 5.8 -4.5
ASEA Global X FTSE Southeast Asia ETF 3.4 65 -21 6.5 -3.8
SDIV Global X Superdividend ETF 3.3 58 -14 17.6 +7.3
LEGR First Trust Indxx Innovative Transaction & Process ETF 3.0 65 -21 8.4 -1.9
CGXU Capital Group International Focus Equity ETF 3.0 54 -10 4.1 -6.2
DGT SPDR Global Dow ETF 3.0 50 -6 6.7 -3.6
AFK VanEck Africa Index ETF 3.0 98 -54 10.0 -0.3
JSTC Adasina Social Justice All Cap Global ETF 2.9 89 -45 4.8 -5.5
INCO Columbia India Consumer ETF 2.9 75 -31 1.6 -8.7
NDIA Global X India Active ETF 2.8 75 -31 6.5 -3.8
PICK iShares MSCI Global Metals & Mining Producers ETF 2.8 39 5 11.0 +0.7
CXSE WisdomTree China ex-State-Owned Enterprises Fund 2.7 32 12 5.7 -4.6
MINV Matthews Asia Innovators Active ETF 2.7 79 -35 2.8 -7.5
EWX SPDR S&P Emerging Markets Small Cap ETF 2.7 65 -21 7.7 -2.6
JCHI JPMorgan Active China ETF 2.7 65 -21 7.9 -2.4
AFTY Pacer CSOP FTSE China A50 ETF 2.6 70 -26 9.2 -1.1
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 2.5 55 -11 8.4 -1.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 2.5 12 32 5.1 -5.2
JIG JPMorgan International Growth ETF 2.4 55 -11 4.3 -6.0
ADIV SmartETFs Asia Pacific Dividend Builder ETF 2.4 78 -34 8.8 -1.5
KNCT Invesco Next Gen Connectivity ETF 2.4 40 4 5.9 -4.4
DSTX Distillate International Fundamental Stability & Value ETF 2.4 55 -11 8.0 -2.3
GLIN VanEck India Growth Leaders ETF 2.4 77 -33 5.3 -5.0
EZA iShares MSCI South Africa ETF 2.3 58 -14 11.4 +1.1
DWX SPDR S&P International Dividend ETF 2.3 45 -1 7.1 -3.2
IXG iShares Global Financials ETF 2.3 42 2 6.8 -3.5
IWTR iShares MSCI Water Management Multisector ETF 2.3 47 -3 4.8 -5.5
EWM iShares MSCI Malaysia ETF 2.2 50 -6 5.7 -4.6
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 2.2 60 -16 0.9 -9.4
KURE KraneShares MSCI All China Health Care Index ETF 2.1 65 -21 3.6 -6.7
GREK Global X MSCI Greece ETF 1.9 57 -13 -1.6 -11.9
CGV Conductor Global Equity Value ETF 1.9 130 -86 11.3 +1.1
MOTI VanEck Morningstar International Moat ETF 1.9 58 -14 6.9 -3.4
UAE iShares MSCI UAE ETF 1.9 59 -15 9.0 -1.3
XT iShares Exponential Technologies ETF 1.9 46 -2 3.9 -6.4
CLNR IQ Cleaner Transport ETF 1.7 45 -1 8.3 -2.0
MOTG VanEck Morningstar Global Wide Moat ETF 1.6 52 -8 5.8 -4.5
SDG iShares MSCI Global Sustainable Development Goals ETF 1.6 49 -5 5.8 -4.5
QAT iShares MSCI Qatar ETF 1.6 59 -15 9.3 -1.0
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 1.6 45 -1 6.2 -4.1
DGIN VanEck Digital India ETF 1.6 71 -27 1.6 -8.7
MCH Matthews China Active ETF 1.5 79 -35 6.1 -4.2
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 1.5 68 -24 8.8 -1.5
KBUY KraneShares CICC China Consumer Leaders Index ETF 1.4 69 -25 0.0 -10.3
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 1.4 47 -3 5.9 -4.4
EMIF iShares Emerging Markets Infrastructure ETF 1.4 60 -16 4.6 -5.7
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 1.4 86 -42 1.9 -8.4
TCHI iShares MSCI China Multisector Tech ETF 1.4 59 -15 3.0 -7.3
BRAZ Global X Brazil Active ETF 1.4 75 -31 10.3 -0.0
IPKW Invesco International BuyBack Achievers ETF 1.3 55 -11 9.1 -1.2
CHAT Roundhill Generative AI & Technology ETF 1.3 75 -31 4.2 -6.1
IXN iShares Global Tech ETF 1.3 41 3 4.3 -6.0
GBUY Goldman Sachs Future Consumer Equity ETF 1.3 75 -31 3.1 -7.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.2 9 35 5.7 -4.6
FEP First Trust Europe AlphaDEX Fund 1.2 80 -36 8.6 -1.7
FEUZ First Trust Eurozone AlphaDEX ETF 1.2 80 -36 8.3 -2.0
ECH iShares MSCI Chile ETF 1.2 58 -14 10.7 +0.4
EWZS iShares MSCI Brazil Small-Cap ETF 1.2 59 -15 8.2 -2.1
KXI iShares Global Consumer Staples ETF 1.2 41 3 5.6 -4.7
FTRI First Trust Indxx Global Natural Resources Income ETF 1.2 70 -26 10.6 +0.3
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 1.1 86 -42 1.9 -8.4
THD iShares MSCI Thailand ETF 1.0 58 -14 5.8 -4.5
WRND IQ Global Equity R&D Leaders ETF 1.0 18 26 7.2 -3.1
CGRO CoreValues Alpha Greater China Growth ETF 1.0 75 -31 2.6 -7.7
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 1.0 46 -2 5.6 -4.7
CHIQ Global X MSCI China Consumer Discretionary ETF 1.0 65 -21 5.3 -5.0
FTAG First Trust Indxx Global Agriculture ETF 1.0 70 -26 9.1 -1.2
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.0 80 -36 10.8 +0.5
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.9 10 34 8.2 -2.1
CGGO Capital Group Global Growth Equity ETF 0.9 47 -3 4.3 -6.0
INQQ India Internet & Ecommerce ETF 0.9 86 -42 10.8 +0.5
LNGG Roundhill Alerian LNG ETF 0.9 65 -21 8.5 -1.8
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.9 12 32 8.7 -1.6
ISHP First Trust Nasdaq Retail ETF 0.9 60 -16 3.2 -7.1
VEGI iShares MSCI Agriculture Producers ETF 0.8 39 5 9.2 -1.1
ICLN iShares Global Clean Energy ETF 0.8 41 3 4.3 -6.0
MXI iShares Global Materials ETF 0.8 41 3 6.6 -3.7
QINT American Century Quality Diversified International ETF 0.8 39 5 7.4 -2.9
FID First Trust S&P International Dividend Aristocrats ETF 0.8 60 -16 9.8 -0.5
WDIV SPDR S&P Global Dividend ETF 0.8 40 4 10.2 -0.1
JETS U.S. Global Jets ETF 0.8 60 -16 -15.6 -25.9
FPXI First Trust International Equity Opportunities ETF 0.7 70 -26 3.6 -6.7
FM iShares Frontier and Select EM ETF 0.7 80 -36 9.5 -0.8
IGF iShares Global Infrastructure ETF 0.7 41 3 5.0 -5.3
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.7 58 -14 4.6 -5.7
MOO VanEck Agribusiness ETF 0.7 53 -9 9.4 -0.9
GII SPDR S&P Global Infrastructure ETF 0.7 40 4 5.0 -5.3
SUPL ProShares Supply Chain Logistics ETF 0.7 58 -14 13.1 +2.8
OSEA Harbor International Compounders ETF 0.7 55 -11 3.7 -6.6
CRUZ Defiance Hotel Airline and Cruise ETF 0.7 45 -1 -4.9 -15.2
GLIF AGF Global Infrastructure ETF 0.6 45 -1 5.5 -4.8
LUX Tema Luxury ETF 0.6 75 -31 3.3 -7.0
CRAK VanEck Oil Refiners ETF 0.6 61 -17 13.1 +2.8
RFDI First Trust Riverfront Dynamic Developed International ETF 0.6 83 -39 9.0 -1.3
CGUS Capital Group Core Equity ETF 0.6 33 11 4.7 -5.6
ANEW ProShares MSCI Transformational Changes ETF 0.6 45 -1 3.3 -7.0
BLDG Cambria Global Real Estate ETF 0.6 60 -16 9.4 -0.9
NLR VanEck Uranium+Nuclear Energy ETF 0.5 61 -17 4.5 -5.8
EFRA iShares Environmental Infrastructure and Industrials ETF 0.5 47 -3 5.2 -5.1
HAP VanEck Natural Resources ETF 0.5 50 -6 9.5 -0.8
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.5 80 -36 5.6 -4.7
RFEU First Trust Riverfront Dynamic Europe ETF 0.5 83 -39 8.7 -1.6
AVRE Avantis Real Estate ETF 0.5 17 27 6.6 -3.7
UIVM VictoryShares International Value Momentum ETF 0.5 35 9 10.7 +0.4
KFVG KraneShares CICC China 5G & Semiconductor Index ETF 0.5 65 -21 5.0 -5.3
RWX SPDR Dow Jones International Real Estate ETF 0.5 59 -15 7.2 -3.1
GMET VanEck Green Metals ETF 0.5 63 -19 9.8 -0.5
ION ProShares S&P Global Core Battery Metals ETF 0.4 58 -14 11.6 +1.3
BTEK Future Tech ETF 0.4 88 -44 2.1 -8.2
IHAK iShares Cybersecurity & Tech ETF 0.4 47 -3 3.2 -7.1
RWO SPDR Dow Jones Global Real Estate ETF 0.4 50 -6 6.9 -3.4
JRNY ALPS Global Travel Beneficiaries ETF 0.4 65 -21 0.0 -10.3
SHPP Pacer Industrials and Logistics ETF 0.4 60 -16 8.9 -1.4
REET iShares Global REIT ETF 0.4 14 30 7.1 -3.2
ARGT Global X MSCI Argentina ETF 0.4 59 -15 7.4 -2.9
IXP iShares Global Comm Services ETF 0.4 42 2 5.3 -5.0
DINT Davis Select International ETF 0.4 55 -11 4.7 -5.6
DWLD Davis Select Worldwide ETF 0.4 63 -19 5.6 -4.7
GDVD R3 Global Dividend Growth ETF 0.4 88 -44 5.8 -4.5
DMAT Global X Disruptive Materials ETF 0.4 59 -15 9.9 -0.4
FDNI First Trust Dow Jones International Internet ETF 0.4 65 -21 2.8 -7.5
BUYZ Franklin Disruptive Commerce ETF 0.4 50 -6 2.1 -8.2
SRET Global X SuperDividend REIT ETF 0.3 59 -15 10.1 -0.2
DFGR Dimensional Global Real Estate ETF 0.3 22 22 7.1 -3.2
PIO Invesco Global Water ETF 0.3 75 -31 4.9 -5.4
CGGR Capital Group Growth ETF 0.3 39 5 3.5 -6.8
GXG Global X MSCI Colombia ETF 0.3 62 -18 15.2 +4.9
BJK VanEck Gaming ETF 0.3 65 -21 1.8 -8.5
BETZ Roundhill Sports Betting & iGaming ETF 0.3 75 -31 1.9 -8.4
AQWA Global X Clean Water ETF 0.3 50 -6 4.3 -6.0
RODM Hartford Multifactor Developed Markets (ex-US) ETF 0.3 29 15 8.8 -1.5
IVAL Alpha Architect International Quantitative Value ETF 0.3 49 -5 5.8 -4.5
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 0.3 80 -36 10.0 -0.3
RING iShares MSCI Global Gold Miners ETF 0.3 39 5 5.7 -4.6
HJEN Direxion Hydrogen ETF 0.3 45 -1 -3.2 -13.5
INDF Nifty India Financials ETF 0.3 75 -31 6.0 -4.3
GINN Goldman Sachs Innovate Equity ETF 0.3 52 -8 2.7 -7.6
SHLD Global X Defense Tech ETF 0.3 50 -6 4.8 -5.5
BATT Amplify Lithium & Battery Technology ETF 0.3 59 -15 2.9 -7.4
CGW Invesco S&P Global Water Index ETF 0.2 57 -13 3.8 -6.5
EPHE iShares MSCI Philippines ETF 0.2 59 -15 8.9 -1.4
IGPT Invesco AI and Next Gen Software ETF 0.2 60 -16 3.8 -6.5
IDOG ALPS International Sector Dividend Dogs ETF 0.2 50 -6 11.6 +1.3
BOAT SonicShares Global Shipping ETF 0.2 69 -25 29.1 +18.8
SEA U.S. Global Sea to Sky Cargo ETF 0.2 60 -16 24.1 +13.8
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.2 85 -41 8.1 -2.2
ECNS iShares MSCI China Small-Cap ETF 0.2 59 -15 14.2 +3.9
RNRG Global X Renewable Energy Producers ETF 0.2 66 -22 4.9 -5.4
OCEN IQ Clean Oceans ETF 0.2 45 -1 5.3 -5.0
HART IQ Healthy Hearts ETF 0.2 45 -1 5.3 -5.0
IQRA IQ CBRE Real Assets ETF 0.2 65 -21 5.9 -4.4
JXI iShares Global Utilities ETF 0.2 43 1 6.7 -3.6
BLLD JPMorgan Sustainable Infrastructure ETF 0.2 49 -5 6.2 -4.1
INTF iShares International Equity Factor ETF 0.2 15 29 7.8 -2.5
CARZ First Trust NASDAQ Global Auto Index Fund 0.2 70 -26 3.5 -6.8
FDIG Fidelity Crypto Industry and Digital Payments ETF 0.2 39 5 -1.3 -11.6
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 0.2 75 -31 5.4 -4.9
KTEC KraneShares Hang Seng TECH Index ETF 0.2 69 -25 -3.9 -14.2
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.1 45 -1 4.9 -5.4
GDXJ VanEck Junior Gold Miners ETF 0.1 52 -8 4.8 -5.5
GOEX Global X Gold Explorers ETF 0.1 65 -21 4.9 -5.4
KSTR KraneShares SSE STAR Market 50 Index ETF 0.1 89 -45 2.7 -7.6
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.1 80 -36 11.0 +0.7
SCZ iShares MSCI EAFE Small-Cap ETF 0.1 40 4 0.0 -10.3
SMOG VanEck Low Carbon Energy ETF 0.1 61 -17 3.0 -7.3
GOAU U.S. Global GO GOLD and Precious Metal Miners ETF 0.1 60 -16 6.2 -4.1
IQSI IQ Candriam International Equity ETF 0.1 15 29 6.4 -3.9
AVIV Avantis International Large Cap Value ETF 0.1 25 19 8.9 -1.4
SPRE SP Funds S&P Global REIT Sharia ETF 0.1 55 -11 5.4 -4.9
DTCR Global X Data Center & Digital Infrastructure ETF 0.1 50 -6 2.7 -7.6
SRVR Pacer Data & Infrastructure Real Estate ETF 0.1 55 -11 2.9 -7.4
IDHQ Invesco S&P International Developed High Quality ETF 0.1 29 15 5.8 -4.5
CQQQ Invesco China Technology ETF 0.1 70 -26 -5.7 -16.0
AVDE Avantis International Equity ETF 0.1 23 21 7.9 -2.4
GDX VanEck Gold Miners ETF 0.1 51 -7 4.7 -5.6
COPX Global X Copper Miners ETF 0.1 65 -21 6.9 -3.4
GSID Goldman Sachs MarketBeta International Equity ETF 0.1 20 24 6.7 -3.6
URA Global X Uranium ETF 0.1 69 -25 3.9 -6.4
SMIN iShares MSCI India Small Cap ETF 0.1 79 -35 4.3 -6.0
BKIE BNY Mellon International Equity ETF 0.1 4 40 6.9 -3.4
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.1 39 5 7.6 -2.7
NBCC Neuberger Berman Next Generation Connected Consumer ETF 0.1 56 -12 1.7 -8.6
IWFH iShares Virtual Work and Life Multisector ETF 0.1 47 -3 -3.5 -13.8
KWEB KraneShares CSI China Internet ETF 0.1 69 -25 -0.7 -11.0
KOMP SPDR S&P Kensho New Economies Composite ETF 0.1 20 24 2.1 -8.2
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.1 75 -31 5.2 -5.1
SOCL Global X Social Media ETF 0.1 65 -21 -5.8 -16.1
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 0.1 47 -3 0.7 -9.6
SLVP iShares MSCI Global Silver Miners ETF 0.1 39 5 3.8 -6.5
BRF VanEck Brazil Small-Cap ETF 0.1 66 -22 7.9 -2.4
RXI iShares Global Consumer Discretionary ETF 0.1 41 3 5.5 -4.8
EXI iShares Global Industrials ETF 0.1 42 2 4.7 -5.6
IPAC iShares Core MSCI Pacific ETF 0.0 9 35 6.7 -3.6
APIE ActivePassive International Equity ETF 0.0 45 -1 7.7 -2.6
EBLU Ecofin Global Water ESG Fund 0.0 40 4 3.9 -6.4
NIKL Sprott Nickel Miners ETF 0.0 75 -31 7.5 -2.8
SETM Sprott Energy Transition Materials ETF 0.0 65 -21 5.3 -5.0
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 41 6.9 -3.4
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 40 6.7 -3.6
IEFA iShares Core MSCI EAFE ETF 0.0 7 37 2.7 -7.6
BNE Blue Horizon BNE ETF 0.0 87 -43 5.0 -5.3
CUT Invesco MSCI Global Timber ETF 0.0 61 -17 8.6 -1.7
WOOD iShares Global Timber & Forestry ETF 0.0 42 2 9.6 -0.7
DFNL Davis Select Financial ETF 0.0 63 -19 6.8 -3.5
EMFQ Amplify Emerging Markets FinTech ETF 0.0 69 -25 5.4 -4.9
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 23 3.9 -6.4
ERUS iShares MSCI Russia ETF 0.0 8 36 11.3 +1.0

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 Diversified Return Emerging Markets Equity ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 13.7 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 44 bp
Equals: ALTAR Score 10.3 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.45 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.