KraneShares MSCI Emerging Markets EX China Index ETF
ALTAR
Score™		 7.1% info Recommen-
dation		 NEUTRAL
2024E    2025E
P/E
ratio		 12.4x P/Sales
ratio		 1.3x
P/BV
ratio		 1.6x Div.
yield		 3.2%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
KEMX is benchmarked to the MSCI Emerging Markets ex China Index, which tracks large-cap and mid-cap companies within emerging market countries, excluding China.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor KraneShares
Website kraneshares.com
Inception date Apr 12, 2019
Assets (mns) $76
Currency USD
Expense ratio 24 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Market Cap
Index replication
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 306
Wgt avg mkt cap (mns) $112,585
Large cap (>$10bn) 80.7%
Mid cap ($2-10bn) 18.2%
Small cap (<$2bn) 0.0%
Developed mkts 0.3%
Emerging mkts 99.7%

TOP TEN HOLDINGS
TAIWAN SEMICONDUCTOR MANUFAC 9.2 %
SAMSUNG ELECTRONICS CO LTD 5.0 %
INFOSYS TECHNOLOGIES-SP ADR 2.1 %
HYNIX SEMICONDUCTOR INC 1.5 %
ICICI BANK LTD 1.4 %
HDFC BANK LIMITED 1.3 %
TATA CONSULTANCY SVS LTD 1.3 %
MEDIATEK INC 1.2 %
VALE SA 1.2 %
NASPERS LTD-N SHS 1.1 %
Total 25.3 %

TOP COUNTRY EXPOSURE
TAIWAN 25.3 %
INDIA 20.6 %
SOUTH KOREA 18.1 %
BRAZIL 8.2 %
SOUTH AFRICA 5.1 %
MEXICO 4.4 %
INDONESIA 3.2 %
MALAYSIA 2.1 %
THAILAND 1.9 %
POLAND 1.7 %

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.
-0.3% 14.4% -- -- 5.7%

Market Correlations
versus... Beta R-squared
S&P500 0.83 72%
MSCI EAFE 0.94 85%
MSCI Emg. Mkts. 0.88 80%

Technical Indicators
Recent close $28.17
30d moving avg. $27.30
Annualized volatility 17.4%
Short interest (ETF) 0.8%
Relative strength (RSI) 73

Liquidity measures
Avg. volume (thou.) 39
Turnover 1.5%
Bid/Ask (% of price) 0.35%
ADV underlying (mns) $13,927

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 431 potential alternatives to the KraneShares MSCI Emerging Markets EX China Index ETF ETF based on the alternatives' overlap in portfolio holdings with KEMX. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: KEMX Expense: 24 bp ALTAR Score™: 7.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH KEMX
Ticker Fund
Name		 Overlap1
vs KEMX
(%)		 Expense
ratio
(bp)		 Savings
vs KEMX
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs KEMX
(%)
STXE Strive Emerging Markets Ex-China ETF 62.2 32 -8 6.9 -0.2
EMXC iShares MSCI Emerging Markets ex China ETF 61.8 25 -1 6.7 -0.5
XCEM Columbia EM Core ex-China ETF 53.3 16 8 7.4 +0.2
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 52.6 30 -6 7.5 +0.3
XC WisdomTree Emerging Markets Ex-China Fund 52.6 32 -8 6.2 -1.0
JHEM John Hancock Multifactor Emerging Markets ETF 52.0 49 -25 8.3 +1.2
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 47.0 15 9 7.1 -0.1
EEM iShares MSCI Emerging Markets ETF 47.0 69 -45 7.0 -0.2
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 46.7 66 -42 7.2 +0.1
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 46.2 20 4 7.5 +0.3
EMDM First Trust Bloomberg Emerging Market Democracies ETF 46.1 75 -51 9.6 +2.4
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 45.6 32 -8 6.3 -0.9
BKEM BNY Mellon Emerging Markets Equity ETF 45.3 11 13 7.7 +0.5
EMXF iShares ESG Advanced MSCI EM ETF 45.1 16 8 7.4 +0.3
EEMA iShares MSCI Emerging Markets Asia ETF 44.9 49 -25 6.7 -0.5
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 44.7 36 -12 7.5 +0.3
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 42.6 45 -21 8.6 +1.4
ESGE iShares ESG Aware MSCI EM ETF 42.5 25 -1 7.7 +0.5
LDEM iShares ESG MSCI EM Leaders ETF 42.1 17 7 7.7 +0.6
AAXJ iShares MSCI All Country Asia ex Japan ETF 41.9 70 -46 6.3 -0.9
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 41.4 33 -9 7.2 +0.0
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 41.3 32 -8 7.6 +0.4
EMGF iShares Emerging Markets Equity Factor ETF 40.5 25 -1 8.7 +1.5
IEMG iShares Core MSCI Emerging Markets ETF 40.0 9 15 7.5 +0.4
FLAX Franklin FTSE Asia Ex Japan ETF 39.2 19 5 7.2 +0.0
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 38.3 18 6 7.9 +0.7
SCHE Schwab Emerging Markets Equity ETF 37.3 11 13 7.6 +0.4
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 37.3 50 -26 10.5 +3.4
DFAE Dimensional Emerging Core Equity Market ETF 36.2 35 -11 7.7 +0.6
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 35.8 39 -15 12.5 +5.4
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 35.5 30 -6 8.5 +1.4
NUEM Nuveen ESG Emerging Markets Equity ETF 35.2 36 -12 6.8 -0.4
RNEM First Trust Emerging Markets Equity Select ETF 34.3 75 -51 8.2 +1.1
DEHP Dimensional Emerging Markets High Profitability ETF 33.8 41 -17 7.3 +0.1
EMMF WisdomTree Emerging Markets Multifactor Fund 33.7 48 -24 9.4 +2.2
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 33.5 88 -64 6.2 -1.0
VWO Vanguard FTSE Emerging Markets ETF 33.1 8 16 7.6 +0.4
PXH Invesco FTSE RAFI Emerging Markets ETF 33.1 49 -25 12.4 +5.3
SPEM SPDR Portfolio Emerging Markets ETF 32.9 7 17 7.5 +0.3
ROAM Hartford Multifactor Emerging Markets ETF 32.4 44 -20 11.7 +4.5
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 28.5 44 -20 10.3 +3.2
DFEM Dimensional Emerging Markets Core Equity 2 ETF 28.2 38 -14 8.2 +1.1
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 27.7 59 -35 9.6 +2.4
AIA iShares Asia 50 ETF 27.6 50 -26 6.9 -0.3
GMF SPDR S&P Emerging Asia Pacific ETF 26.4 49 -25 6.4 -0.8
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 26.1 95 -71 11.4 +4.2
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 25.9 40 -16 7.1 -0.0
DFEV Dimensional Emerging Markets Value ETF 25.8 43 -19 10.9 +3.8
EWT iShares MSCI Taiwan ETF 25.3 58 -34 5.7 -1.4
FLTW Franklin FTSE Taiwan ETF 25.3 19 5 6.0 -1.2
FRDM Freedom 100 Emerging Markets ETF 25.2 49 -25 7.3 +0.2
BKF iShares MSCI BIC ETF 24.5 69 -45 7.1 -0.1
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 24.4 41 -17 7.8 +0.7
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 23.4 25 -1 7.0 -0.1
AVEM Avantis Emerging Markets Equity ETF 22.5 33 -9 9.1 +1.9
EELV Invesco S&P Emerging Markets Low Volatility ETF 22.2 29 -5 8.3 +1.2
FDEM Fidelity Emerging Markets Multifactor ETF 21.0 25 -1 11.9 +4.8
MINV Matthews Asia Innovators Active ETF 20.7 79 -55 2.8 -4.3
DEM WisdomTree Emerging Markets High Dividend Fund 20.0 63 -39 12.9 +5.8
AVES Avantis Emerging Markets Value ETF 19.8 36 -12 12.1 +4.9
EEMO Invesco S&P Emerging Markets Momentum ETF 18.2 29 -5 6.2 -1.0
FLKR Franklin FTSE South Korea ETF 18.1 9 15 9.4 +2.2
INDA iShares MSCI India ETF 18.0 65 -41 3.7 -3.5
FLIN Franklin FTSE India ETF 17.7 19 5 5.2 -1.9
EMC Global X Emerging Markets Great Consumer ETF 17.5 75 -51 4.9 -2.3
EWY iShares MSCI South Korea ETF 17.3 58 -34 8.5 +1.4
NFTY First Trust India NIFTY 50 Equal Weight ETF 17.1 80 -56 6.1 -1.0
EPI WisdomTree India Earnings Fund 17.1 85 -61 6.6 -0.5
INDY iShares India 50 ETF 16.6 89 -65 3.7 -3.4
PIN Invesco India ETF 16.1 78 -54 3.8 -3.4
KNCT Invesco Next Gen Connectivity ETF 15.8 40 -16 5.9 -1.3
MEM Matthews Emerging Markets Equity Active ETF 14.2 79 -55 5.7 -1.4
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 14.0 20 4 10.7 +3.6
FLLA Franklin FTSE Latin America ETF 13.7 19 5 11.7 +4.5
EMM Global X Emerging Markets ex-China ETF 13.6 75 -51 3.7 -3.4
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 13.3 42 -18 6.8 -0.3
ACWX iShares MSCI ACWI ex U.S. ETF 13.2 34 -10 6.7 -0.5
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 12.8 41 -17 6.7 -0.5
VSGX Vanguard ESG International Stock ETF 12.7 12 12 6.8 -0.3
VYMI Vanguard International High Dividend Yield ETF 11.7 22 2 9.7 +2.6
FEM First Trust Emerging Markets AlphaDEX Fund 11.5 80 -56 16.3 +9.1
NXTG First Trust Indxx NextG ETF 11.4 70 -46 6.0 -1.2
IXUS iShares Core MSCI Total International Stock ETF 11.4 7 17 6.9 -0.2
VEU Vanguard FTSE All-World ex-US Index Fund 11.3 8 16 7.2 +0.0
VXUS Vanguard Total International Stock ETF 11.3 7 17 7.1 -0.0
RODE Hartford Multifactor Diversified International ETF 10.4 29 -5 11.5 +4.4
NDIA Global X India Active ETF 10.3 75 -51 6.5 -0.7
ACWV iShares MSCI Global Min Vol Factor ETF 9.3 20 4 6.7 -0.4
VIDI Vident International Equity Strategy ETF 9.1 61 -37 11.9 +4.8
VPL Vanguard FTSE Pacific ETF 9.0 8 16 7.0 -0.2
UEVM VictoryShares Emerging Markets Value Momentum ETF 8.9 45 -21 12.7 +5.6
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 8.5 80 -56 10.0 +2.8
FLN First Trust Latin America AlphaDEX Fund 8.4 80 -56 11.1 +3.9
IXN iShares Global Tech ETF 8.3 41 -17 4.3 -2.8
EWZ iShares MSCI Brazil ETF 8.2 58 -34 11.9 +4.7
FLBR Franklin FTSE Brazil ETF 8.2 19 5 12.4 +5.3
CWI SPDR MSCI ACWI ex-US ETF 8.1 30 -6 6.8 -0.3
DEW WisdomTree Global High Dividend Fund 7.9 58 -34 9.1 +2.0
WWJD Inspire International ETF 7.9 80 -56 7.1 -0.0
IWTR iShares MSCI Water Management Multisector ETF 7.9 47 -23 4.8 -2.3
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 7.7 90 -66 7.0 -0.2
DFAX Dimensional World ex U.S. Core Equity 2 ETF 7.7 30 -6 7.8 +0.6
ECOW Pacer Emerging Markets Cash Cows 100 ETF 7.7 70 -46 11.4 +4.2
IQDF FlexShares International Quality Dividend Index Fund 7.6 47 -23 10.7 +3.6
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 7.4 60 -36 0.9 -6.2
ECON Columbia Emerging Markets Consumer ETF 7.2 49 -25 4.8 -2.4
CGXU Capital Group International Focus Equity ETF 7.2 54 -30 4.1 -3.0
EDIV SPDR S&P Emerging Markets Dividend ETF 6.9 49 -25 10.9 +3.7
EDOG ALPS Emerging Sector Dividend Dogs ETF 6.8 60 -36 14.7 +7.6
CARZ First Trust NASDAQ Global Auto Index Fund 6.8 70 -46 3.5 -3.7
IQDE FlexShares International Quality Dividend Defensive Index ET 6.7 47 -23 10.7 +3.5
GLIN VanEck India Growth Leaders ETF 6.4 77 -53 5.3 -1.9
GGME Invesco Next Gen Media and Gaming ETF 6.4 60 -36 4.1 -3.1
LEGR First Trust Indxx Innovative Transaction & Process ETF 6.3 65 -41 8.4 +1.2
EYLD Cambria Emerging Shareholder Yield ETF 6.3 66 -42 12.1 +4.9
DINT Davis Select International ETF 6.1 55 -31 4.7 -2.4
BLES Inspire Global Hope ETF 5.9 61 -37 6.3 -0.8
FNDF Schwab Fundamental International Large Co. Index ETF 5.9 25 -1 9.1 +1.9
ILF iShares Latin America 40 ETF 5.8 48 -24 10.3 +3.1
DSTX Distillate International Fundamental Stability & Value ETF 5.8 55 -31 8.0 +0.9
WRND IQ Global Equity R&D Leaders ETF 5.8 18 6 7.2 +0.0
INDF Nifty India Financials ETF 5.7 75 -51 6.0 -1.2
IQDY FlexShares International Quality Dividend Dynamic Index Fund 5.7 47 -23 10.3 +3.1
CHAT Roundhill Generative AI & Technology ETF 5.5 75 -51 4.2 -2.9
DVYE iShares Emerging Markets Dividend ETF 5.4 49 -25 16.6 +9.4
FBZ First Trust Brazil AlphaDEX Fund 5.4 80 -56 11.9 +4.8
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 5.4 60 -36 10.0 +2.9
SDEM Global X MSCI SuperDividend Emerging Markets ETF 5.4 67 -43 17.5 +10.4
DGIN VanEck Digital India ETF 5.3 71 -47 1.6 -5.5
GVAL Cambria Global Value ETF 5.2 68 -44 12.3 +5.2
FMET Fidelity Metaverse ETF 5.1 39 -15 4.4 -2.8
DWLD Davis Select Worldwide ETF 5.0 63 -39 5.6 -1.5
ACWI iShares MSCI ACWI ETF 5.0 32 -8 5.5 -1.7
ASEA Global X FTSE Southeast Asia ETF 4.9 65 -41 6.5 -0.7
GBUY Goldman Sachs Future Consumer Equity ETF 4.8 75 -51 3.1 -4.0
UMMA Wahed Dow Jones Islamic World ETF 4.6 65 -41 4.3 -2.9
SCHY Schwab International Dividend Equity ETF 4.6 14 10 9.3 +2.1
UIVM VictoryShares International Value Momentum ETF 4.6 35 -11 10.7 +3.5
JSTC Adasina Social Justice All Cap Global ETF 4.6 89 -65 4.8 -2.4
AFK VanEck Africa Index ETF 4.6 98 -74 10.0 +2.9
GLOF iShares Global Equity Factor ETF 4.5 20 4 7.1 -0.1
AIQ Global X Artificial Intelligence & Technology ETF 4.5 68 -44 4.2 -3.0
CRBN iShares MSCI ACWI Low Carbon Target ETF 4.4 20 4 5.6 -1.5
FLMX Franklin FTSE Mexico ETF 4.4 19 5 10.8 +3.6
HFXI IQ FTSE International Equity Currency Neutral ETF 4.3 20 4 6.8 -0.3
INCO Columbia India Consumer ETF 4.2 75 -51 1.6 -5.5
JPIN J.P. Morgan Diversified Return International Equity ETF 4.2 37 -13 8.7 +1.6
VT Vanguard Total World Stock ETF 4.1 7 17 5.8 -1.3
VIGI Vanguard International Dividend Appreciation ETF 4.1 15 9 5.6 -1.6
EZA iShares MSCI South Africa ETF 4.0 58 -34 11.4 +4.2
FDT First Trust Developed Markets ex-US AlphaDEX Fund 4.0 80 -56 10.8 +3.6
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 4.0 45 -21 8.5 +1.3
PICK iShares MSCI Global Metals & Mining Producers ETF 3.9 39 -15 11.0 +3.8
MOTI VanEck Morningstar International Moat ETF 3.9 58 -34 6.9 -0.2
CLNR IQ Cleaner Transport ETF 3.9 45 -21 8.3 +1.1
IMFL Invesco International Developed Dynamic Multifactor ETF 3.8 34 -10 10.6 +3.5
EWW iShares MSCI Mexico ETF 3.7 50 -26 9.7 +2.5
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 3.7 46 -22 8.8 +1.7
XT iShares Exponential Technologies ETF 3.7 46 -22 3.9 -3.3
TTAI FCF International Quality ETF 3.7 59 -35 7.4 +0.2
EEMD AAM S&P Emerging Markets High Dividend Value ETF 3.7 49 -25 19.0 +11.9
SCHF Schwab International Equity ETF 3.6 6 18 7.0 -0.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.5 12 12 5.1 -2.1
FILL iShares MSCI Global Energy Producers ETF 3.4 39 -15 9.0 +1.9
METV Roundhill Ball Metaverse ETF 3.4 59 -35 3.4 -3.8
VEA Vanguard FTSE Developed Markets ETF 3.4 5 19 7.0 -0.2
EIDO iShares MSCI Indonesia ETF 3.2 59 -35 7.6 +0.4
TPIF Timothy Plan International ETF 3.2 62 -38 6.7 -0.4
WTAI WisdomTree Artificial Intelligence and Innovation Fund 3.1 45 -21 1.4 -5.8
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 2.8 24 0 8.6 +1.4
IDX VanEck Indonesia Index ETF 2.8 57 -33 7.9 +0.7
GTEK Goldman Sachs Future Tech Leaders Equity ETF 2.8 75 -51 3.2 -4.0
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 2.7 51 -27 6.8 -0.3
CIL VictoryShares International Volatility Wtd ETF 2.7 45 -21 6.9 -0.3
IGRO iShares International Dividend Growth ETF 2.6 15 9 7.1 -0.1
ADIV SmartETFs Asia Pacific Dividend Builder ETF 2.6 78 -54 8.8 +1.7
MOTG VanEck Morningstar Global Wide Moat ETF 2.6 52 -28 5.8 -1.4
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 2.5 86 -62 1.9 -5.2
JIG JPMorgan International Growth ETF 2.5 55 -31 4.3 -2.8
BNE Blue Horizon BNE ETF 2.5 87 -63 5.0 -2.2
MXI iShares Global Materials ETF 2.5 41 -17 6.6 -0.5
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 2.4 68 -44 8.8 +1.7
DWX SPDR S&P International Dividend ETF 2.3 45 -21 7.1 -0.0
FM iShares Frontier and Select EM ETF 2.2 80 -56 9.5 +2.4
EWM iShares MSCI Malaysia ETF 2.1 50 -26 5.7 -1.5
CIBR First Trust NASDAQ Cybersecurity ETF 2.1 60 -36 3.9 -3.2
DRIV Global X Autonomous & Electric Vehicles ETF 2.0 68 -44 3.4 -3.8
FGD First Trust Dow Jones Global Select Dividend Index Fund 2.0 56 -32 13.9 +6.8
ISHP First Trust Nasdaq Retail ETF 1.9 60 -36 3.2 -4.0
FDNI First Trust Dow Jones International Internet ETF 1.9 65 -41 2.8 -4.4
DGT SPDR Global Dow ETF 1.8 50 -26 6.7 -0.5
BRAZ Global X Brazil Active ETF 1.8 75 -51 10.3 +3.1
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.8 45 -21 4.9 -2.2
BTEK Future Tech ETF 1.8 88 -64 2.1 -5.1
SPDW SPDR Portfolio Developed World ex-US ETF 1.7 3 21 6.9 -0.2
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.7 65 -41 1.6 -5.5
EPOL iShares MSCI Poland ETF 1.7 59 -35 10.5 +3.4
QTUM Defiance Quantum ETF 1.7 40 -16 3.9 -3.2
MOTO SmartETFs Smart Transportation & Technology ETF 1.7 68 -44 6.6 -0.5
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 1.7 45 -21 6.2 -0.9
IXG iShares Global Financials ETF 1.7 42 -18 6.8 -0.3
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 1.6 68 -44 5.3 -1.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.6 9 15 5.7 -1.4
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.5 61 -37 -4.0 -11.2
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 1.5 86 -62 1.9 -5.2
LOUP Innovator Deepwater Frontier Tech ETF 1.5 70 -46 2.3 -4.8
IGPT Invesco AI and Next Gen Software ETF 1.5 60 -36 3.8 -3.4
CGGO Capital Group Global Growth Equity ETF 1.5 47 -23 4.3 -2.8
QINT American Century Quality Diversified International ETF 1.4 39 -15 7.4 +0.3
CGUS Capital Group Core Equity ETF 1.4 33 -9 4.7 -2.5
KOIN Capital Link Global Fintech Leaders ETF 1.4 75 -51 4.6 -2.5
ICOW Pacer Developed Markets International Cash Cows 100 ETF 1.4 65 -41 12.8 +5.7
PID Invesco International Dividend Achievers ETF 1.3 53 -29 6.7 -0.4
SDIV Global X Superdividend ETF 1.3 58 -34 17.6 +10.5
ANEW ProShares MSCI Transformational Changes ETF 1.3 45 -21 3.3 -3.8
KXI iShares Global Consumer Staples ETF 1.2 41 -17 5.6 -1.6
SNSR Global X Internet of Things ETF 1.2 68 -44 4.3 -2.9
IDAT iShares Future Cloud 5G and Tech ETF 1.2 47 -23 4.5 -2.6
CID VictoryShares International High Div Volatility Wtd ETF 1.2 45 -21 9.5 +2.3
IPKW Invesco International BuyBack Achievers ETF 1.2 55 -31 9.1 +1.9
IOO iShares Global 100 ETF 1.2 41 -17 4.8 -2.3
UAE iShares MSCI UAE ETF 1.1 59 -35 9.0 +1.8
SDG iShares MSCI Global Sustainable Development Goals ETF 1.1 49 -25 5.8 -1.4
IDV iShares International Select Dividend ETF 1.1 51 -27 12.3 +5.2
EPHE iShares MSCI Philippines ETF 1.1 59 -35 8.9 +1.8
QAT iShares MSCI Qatar ETF 1.1 59 -35 9.3 +2.2
NTZG Nuveen Global Net Zero Transition ETF 1.1 56 -32 4.9 -2.2
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 1.1 47 -23 0.7 -6.5
EV Mast Global Battery Recycling & Production ETF 1.1 65 -41 12.8 +5.6
GCOW Pacer Global Cash Cows Dividend ETF 1.1 60 -36 13.6 +6.5
HAP VanEck Natural Resources ETF 1.0 50 -26 9.5 +2.3
SATO Invesco Alerian Galaxy Crypto Economy ETF 1.0 61 -37 -13.0 -20.1
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.0 10 14 8.2 +1.0
OBOR KraneShares MSCI One Belt One Road Index ETF 1.0 79 -55 10.3 +3.2
FTAG First Trust Indxx Global Agriculture ETF 1.0 70 -46 9.1 +2.0
CRAK VanEck Oil Refiners ETF 0.9 61 -37 13.1 +5.9
OSEA Harbor International Compounders ETF 0.9 55 -31 3.7 -3.4
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.9 47 -23 5.9 -1.2
EPU iShares MSCI Peru and Global Exposure ETF 0.9 59 -35 5.5 -1.7
MVPS Amplify Thematic All-Stars ETF 0.9 49 -25 1.7 -5.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.9 49 -25 6.7 -0.5
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.9 79 -55 5.1 -2.0
AGQI First Trust Active Global Quality Income ETF 0.9 85 -61 5.8 -1.3
RXI iShares Global Consumer Discretionary ETF 0.9 41 -17 5.5 -1.6
IXP iShares Global Comm Services ETF 0.9 42 -18 5.3 -1.8
KOCG FIS Knights of Columbus Global Belief ETF 0.9 75 -51 5.3 -1.9
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.9 12 12 8.7 +1.6
GINN Goldman Sachs Innovate Equity ETF 0.9 52 -28 2.7 -4.4
ECH iShares MSCI Chile ETF 0.8 58 -34 10.7 +3.6
KPOP KPOP and Korean Entertainment ETF 0.8 75 -51 -9.1 -16.2
SOCL Global X Social Media ETF 0.8 65 -41 -5.8 -12.9
IDRV iShares Self-driving EV & Tech ETF 0.8 47 -23 -0.5 -7.7
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.8 58 -34 4.6 -2.6
TUR iShares MSCI Turkey ETF 0.8 58 -34 18.6 +11.5
GMET VanEck Green Metals ETF 0.8 63 -39 9.8 +2.7
BUYZ Franklin Disruptive Commerce ETF 0.7 50 -26 2.1 -5.1
FNDC Schwab Fundamental International Small Co. Index ETF 0.7 39 -15 6.9 -0.3
RING iShares MSCI Global Gold Miners ETF 0.7 39 -15 5.7 -1.4
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.7 72 -48 2.2 -5.0
FPAG FPA Global Equity ETF 0.7 49 -25 5.7 -1.5
GSFP Goldman Sachs Future Planet Equity ETF 0.6 75 -51 4.5 -2.6
ROBO ROBO Global Robotics & Automation Index ETF 0.6 95 -71 2.8 -4.3
OCEN IQ Clean Oceans ETF 0.6 45 -21 5.3 -1.9
SETM Sprott Energy Transition Materials ETF 0.6 65 -41 5.3 -1.8
IVRS iShares Future Metaverse Tech and Communications ETF 0.6 47 -23 -5.3 -12.5
FVD First Trust Value Line Dividend Index Fund 0.6 65 -41 6.0 -1.1
SMOG VanEck Low Carbon Energy ETF 0.5 61 -37 3.0 -4.1
IDHQ Invesco S&P International Developed High Quality ETF 0.5 29 -5 5.8 -1.4
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.5 85 -61 8.1 +1.0
JETS U.S. Global Jets ETF 0.5 60 -36 -15.6 -22.7
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.5 58 -34 10.1 +3.0
FTRI First Trust Indxx Global Natural Resources Income ETF 0.5 70 -46 10.6 +3.5
BBEU JPMorgan BetaBuilders Europe ETF 0.5 9 15 6.7 -0.5
INQQ India Internet & Ecommerce ETF 0.5 86 -62 10.8 +3.6
URA Global X Uranium ETF 0.4 69 -45 3.9 -3.3
VGK Vanguard FTSE Europe ETF 0.4 11 13 6.8 -0.3
SPEU SPDR Portfolio Europe ETF 0.4 7 17 6.6 -0.6
ETEC iShares Breakthrough Environmental Solutions ETF 0.4 47 -23 5.3 -1.8
BATT Amplify Lithium & Battery Technology ETF 0.4 59 -35 2.9 -4.2
BECO BlackRock Future Climate and Sustainable Economy ETF 0.4 70 -46 13.7 +6.6
CTEC Global X CleanTech ETF 0.4 50 -26 1.0 -6.2
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.4 39 -15 -3.5 -10.7
LIT Global X Lithium & Battery Tech ETF 0.4 75 -51 10.2 +3.1
PBD Invesco Global Clean Energy ETF 0.4 75 -51 -3.9 -11.0
FLEE Franklin FTSE Europe ETF 0.4 9 15 6.8 -0.3
CGV Conductor Global Equity Value ETF 0.4 130 -106 11.3 +4.2
JRNY ALPS Global Travel Beneficiaries ETF 0.4 65 -41 0.0 -7.1
APIE ActivePassive International Equity ETF 0.4 45 -21 7.7 +0.6
USVT US Value ETF 0.4 49 -25 11.3 +4.2
CZA Invesco Zacks Mid-Cap ETF 0.4 72 -48 6.3 -0.8
IQSI IQ Candriam International Equity ETF 0.4 15 9 6.4 -0.7
CUT Invesco MSCI Global Timber ETF 0.4 61 -37 8.6 +1.4
WOOD iShares Global Timber & Forestry ETF 0.4 42 -18 9.6 +2.5
BPAY BlackRock Future Financial and Technology ETF 0.4 70 -46 8.3 +1.2
GXG Global X MSCI Colombia ETF 0.4 62 -38 15.2 +8.1
SIL Global X Silver Miners ETF 0.4 65 -41 2.6 -4.6
CGGR Capital Group Growth ETF 0.3 39 -15 3.5 -3.7
BLLD JPMorgan Sustainable Infrastructure ETF 0.3 49 -25 6.2 -1.0
EXI iShares Global Industrials ETF 0.3 42 -18 4.7 -2.5
FID First Trust S&P International Dividend Aristocrats ETF 0.3 60 -36 9.8 +2.7
WDIV SPDR S&P Global Dividend ETF 0.3 40 -16 10.2 +3.1
HART IQ Healthy Hearts ETF 0.3 45 -21 5.3 -1.8
COPX Global X Copper Miners ETF 0.3 65 -41 6.9 -0.2
GDX VanEck Gold Miners ETF 0.3 51 -27 4.7 -2.5
GDXJ VanEck Junior Gold Miners ETF 0.3 52 -28 4.8 -2.3
SLVP iShares MSCI Global Silver Miners ETF 0.3 39 -15 3.8 -3.3
SILJ ETFMG Prime Junior Silver Miners ETFMG Prime Junior Silver M 0.3 69 -45 1.3 -5.8
COPJ Sprott Junior Copper Miners ETF 0.3 75 -51 9.5 +2.4
DIVI Franklin International Core Dividend Tilt Index ETF 0.3 9 15 8.0 +0.9
GDVD R3 Global Dividend Growth ETF 0.3 88 -64 5.8 -1.3
HELX Franklin Genomic Advancements ETF 0.3 50 -26 1.7 -5.4
FPXI First Trust International Equity Opportunities ETF 0.3 70 -46 3.6 -3.5
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.3 50 -26 5.8 -1.3
GSID Goldman Sachs MarketBeta International Equity ETF 0.3 20 4 6.7 -0.5
DMAT Global X Disruptive Materials ETF 0.3 59 -35 9.9 +2.8
MOO VanEck Agribusiness ETF 0.3 53 -29 9.4 +2.2
BKIE BNY Mellon International Equity ETF 0.3 4 20 6.9 -0.3
ERTH Invesco MSCI Sustainable Future ETF 0.2 62 -38 3.7 -3.5
VEGI iShares MSCI Agriculture Producers ETF 0.2 39 -15 9.2 +2.1
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.2 80 -56 14.2 +7.0
IQRA IQ CBRE Real Assets ETF 0.2 65 -41 5.9 -1.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.2 39 -15 7.3 +0.2
SHLD Global X Defense Tech ETF 0.2 50 -26 4.8 -2.3
FXZ First Trust Materials AlphaDEX Fund 0.2 61 -37 10.2 +3.1
IYM iShares U.S. Basic Materials ETF 0.2 40 -16 6.7 -0.4
VUSE Vident U.S. Equity Strategy ETF 0.2 50 -26 3.6 -3.5
VRAI Virtus Real Asset Income ETF 0.2 55 -31 8.6 +1.4
GNR SPDR S&P Global Natural Resources ETF 0.2 40 -16 9.2 +2.0
NDIV Amplify Natural Resources Dividend Income ETF 0.2 59 -35 9.7 +2.6
EQAL Invesco Russell 1000 Equal Weight ETF 0.2 20 4 6.0 -1.2
AFLG First Trust Active Factor Large Cap ETF 0.2 55 -31 6.2 -1.0
CCSO Carbon Collective Climate Solutions US Equity ETF 0.2 35 -11 2.3 -4.8
JHDV John Hancock U.S. High Dividend ETF 0.2 34 -10 6.5 -0.6
FNDA Schwab Fundamental US Small Co. Index ETF 0.2 25 -1 6.8 -0.3
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF 0.2 69 -45 8.3 +1.2
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.2 18 6 7.6 +0.4
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 0.2 49 -25 4.8 -2.4
RVRB Reverb ETF 0.2 30 -6 5.0 -2.2
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.2 80 -56 11.0 +3.9
DFGR Dimensional Global Real Estate ETF 0.2 22 2 7.1 -0.1
SRET Global X SuperDividend REIT ETF 0.2 59 -35 10.1 +3.0
REET iShares Global REIT ETF 0.2 14 10 7.1 0.0
RWO SPDR Dow Jones Global Real Estate ETF 0.2 50 -26 6.9 -0.2
RWX SPDR Dow Jones International Real Estate ETF 0.2 59 -35 7.2 +0.1
BLDG Cambria Global Real Estate ETF 0.2 60 -36 9.4 +2.2
AVRE Avantis Real Estate ETF 0.2 17 7 6.6 -0.5
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 12 5.7 -1.4
AQWA Global X Clean Water ETF 0.2 50 -26 4.3 -2.9
PIO Invesco Global Water ETF 0.2 75 -51 4.9 -2.2
JMOM JPMorgan U.S. Momentum Factor ETF 0.2 12 12 4.8 -2.3
IDOG ALPS International Sector Dividend Dogs ETF 0.2 50 -26 11.6 +4.5
FDD First Trust Stoxx European Select Dividend Index Fund 0.2 58 -34 12.9 +5.8
ARVR First Trust Indxx Metaverse ETF 0.2 70 -46 2.5 -4.6
VYM Vanguard High Dividend Yield Index ETF 0.1 6 18 7.3 +0.2
INTF iShares International Equity Factor ETF 0.1 15 9 7.8 +0.7
LUXX Roundhill S&P Global Luxury ETF 0.1 45 -21 2.7 -4.4
ARKF ARK Fintech Innovation ETF 0.1 75 -51 -2.2 -9.4
EMFQ Amplify Emerging Markets FinTech ETF 0.1 69 -45 5.4 -1.7
VFMO Vanguard U.S. Momentum Factor ETF 0.1 13 11 2.8 -4.4
SFY SoFi Select 500 ETF 0.1 0 24 5.2 -2.0
ICLN iShares Global Clean Energy ETF 0.1 41 -17 4.3 -2.9
EPS WisdomTree U.S. LargeCap Fund 0.1 8 16 6.3 -0.9
ESPO VanEck Video Gaming and eSports ETF 0.1 56 -32 4.5 -2.7
HERO Global X Video Games & Esports ETF 0.1 50 -26 5.1 -2.1
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.1 75 -51 5.2 -1.9
NERD Roundhill Video Games ETF 0.1 50 -26 8.0 +0.9
AIEQ AI Powered Equity ETF 0.1 75 -51 6.1 -1.1
NLR VanEck Uranium+Nuclear Energy ETF 0.1 61 -37 4.5 -2.7
SUPL ProShares Supply Chain Logistics ETF 0.1 58 -34 13.1 +5.9
EFRA iShares Environmental Infrastructure and Industrials ETF 0.1 47 -23 5.2 -1.9
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.1 46 -22 5.6 -1.6
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 14 5.4 -1.8
BJK VanEck Gaming ETF 0.1 65 -41 1.8 -5.3
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 9 6.0 -1.1
HJEN Direxion Hydrogen ETF 0.1 45 -21 -3.2 -10.3
FEP First Trust Europe AlphaDEX Fund 0.1 80 -56 8.6 +1.5
FEUZ First Trust Eurozone AlphaDEX ETF 0.1 80 -56 8.3 +1.2
RFDI First Trust Riverfront Dynamic Developed International ETF 0.1 83 -59 9.0 +1.8
GREK Global X MSCI Greece ETF 0.1 57 -33 -1.6 -8.7
TEMP JPMorgan Climate Change Solutions ETF 0.1 49 -25 4.7 -2.5
ION ProShares S&P Global Core Battery Metals ETF 0.1 58 -34 11.6 +4.5
EMIF iShares Emerging Markets Infrastructure ETF 0.1 60 -36 4.6 -2.5
OND ProShares On-Demand ETF 0.1 58 -34 -2.5 -9.6
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 -15 7.3 +0.1
JXI iShares Global Utilities ETF 0.1 43 -19 6.7 -0.5
FNDB Schwab Fundamental US Broad Market Index ETF 0.1 25 -1 7.1 -0.0
LNGG Roundhill Alerian LNG ETF 0.1 65 -41 8.5 +1.4
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -51 4.7 -2.4
IXC iShares Global Energy ETF 0.1 44 -20 8.2 +1.1
SCHC Schwab International Small-Cap Equity ETF 0.1 11 13 6.4 -0.7
ODDS Pacer BlueStar Digital Entertainment ETF 0.1 60 -36 3.0 -4.1
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 7 17 6.5 -0.6
RECS Columbia Research Enhanced Core ETF 0.1 15 9 5.6 -1.5
DIVB iShares Core Dividend ETF 0.1 5 19 8.0 +0.9
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 -1 7.1 -0.0
CGW Invesco S&P Global Water Index ETF 0.1 57 -33 3.8 -3.4
THD iShares MSCI Thailand ETF 0.0 58 -34 5.8 -1.4
ILCV iShares Morningstar Value ETF 0.0 4 20 6.7 -0.5
HLAL Wahed FTSE USA Shariah ETF 0.0 50 -26 5.0 -2.2
IWY iShares Russell Top 200 Growth ETF 0.0 20 4 4.9 -2.3
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 -18 5.1 -2.0
TINT ProShares Smart Materials ETF 0.0 58 -34 5.6 -1.5
VONG Vanguard Russell 1000 Growth ETF 0.0 8 16 4.8 -2.3
IWF iShares Russell 1000 Growth ETF 0.0 19 5 4.7 -2.4
ONEO SPDR Russell 1000 Momentum Focus ETF 0.0 20 4 7.1 -0.0
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 15 5.1 -2.1
IWL iShares Russell Top 200 ETF 0.0 15 9 5.0 -2.1
VFMF Vanguard U.S. Multifactor ETF 0.0 18 6 8.7 +1.5
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 7 7.1 -0.1
NACP Impact Shares NAACP Minority Empowerment ETF 0.0 49 -25 5.0 -2.2
ILCB iShares Morningstar U.S. Equity ETF 0.0 3 21 5.3 -1.9
JHML John Hancock Multifactor Large Cap ETF 0.0 29 -5 5.6 -1.5
DFAU Dimensional US Core Equity Market ETF 0.0 12 12 5.4 -1.8
VONE Vanguard Russell 1000 ETF 0.0 8 16 5.2 -1.9
IWB iShares Russell 1000 ETF 0.0 15 9 5.1 -2.0
DFUS Dimensional U.S. Equity ETF 0.0 9 15 5.1 -2.0
VTHR Vanguard Russell 3000 ETF 0.0 10 14 5.1 -2.1
IWV iShares Russell 3000 ETF 0.0 20 4 5.0 -2.1
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 7 5.7 -1.5
GVLU Gotham 1000 Value ETF 0.0 50 -26 7.4 +0.3
DUHP Dimensional US High Profitability ETF 0.0 21 3 7.0 -0.2
VOTE TCW Transform 500 ETF 0.0 5 19 5.2 -1.9
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.0 7 17 5.2 -1.9
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.0 2 22 5.3 -1.9
BKLC BNY Mellon US Large Cap Core Equity ETF 0.0 0 24 5.3 -1.9
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 13 5.2 -1.9
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 6 5.7 -1.5
NANC Unusual Whales Subversive Democratic Trading ETF 0.0 75 -51 3.8 -3.4
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.0 25 -1 5.7 -1.5
EWX SPDR S&P Emerging Markets Small Cap ETF 0.0 65 -41 7.7 +0.5
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 -5 6.3 -0.9

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%.

Content on this tab for subscribers only**

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:		 KraneShares MSCI Emerging Markets EX China Index 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 11.3 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 24 bp
Equals: ALTAR Score 7.1 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.42 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.