KraneShares MSCI Emerging Markets EX China Index ETF
ALTAR
Score™		 6.6% info Recommen-
dation		 NEUTRAL
2024E    2025E
P/E
ratio		 13.4x P/Sales
ratio		 1.3x
P/BV
ratio		 1.7x Div.
yield		 2.9%


  • 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) $75
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 305
Wgt avg mkt cap (mns) $142,292
Large cap (>$10bn) 81.7%
Mid cap ($2-10bn) 17.3%
Small cap (<$2bn) 0.0%
Developed mkts 0.3%
Emerging mkts 99.7%

TOP TEN HOLDINGS
TAIWAN SEMICONDUCTOR MANUFAC 11.7 %
SAMSUNG ELECTRONICS CO LTD 5.1 %
HYNIX SEMICONDUCTOR INC 2.0 %
INFOSYS TECHNOLOGIES-SP ADR 1.9 %
HON HAI PRECISION INDUSTRY 1.9 %
MEDIATEK INC 1.5 %
HDFC BANK LIMITED 1.4 %
ICICI BANK LTD 1.4 %
NASPERS LTD CLASS N 1.3 %
BHARTI AIRTEL LIMITED 1.3 %
Total 29.5 %

TOP COUNTRY EXPOSURE
TAIWAN 29.0 %
INDIA 21.9 %
SOUTH KOREA 17.1 %
BRAZIL 6.6 %
SOUTH AFRICA 4.1 %
MEXICO 3.1 %
INDONESIA 2.5 %
MALAYSIA 2.2 %
THAILAND 1.7 %
POLAND 1.7 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
2.1% 11.6% 6.0% -- 5.9%

Market Correlations
versus... Beta R-squared
S&P500 0.84 74%
MSCI EAFE 0.89 77%
MSCI Emg. Mkts. 0.89 79%

Technical Indicators
Recent close $30.15
30d moving avg. $30.67
Annualized volatility 17.7%
Short interest (ETF) 0.2%
Relative strength (RSI) 54

Liquidity measures
Avg. volume (thou.) 25
Turnover 1.0%
Bid/Ask (% of price) 0.35%
ADV underlying (mns) $12,354

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 438 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™: 6.6%


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 62.8 32 -8 6.8 +0.3
EMXC iShares MSCI Emerging Markets ex China ETF 61.6 25 -1 6.5 -0.0
XC WisdomTree Emerging Markets Ex-China Fund 54.6 32 -8 5.8 -0.8
XCEM Columbia EM Core ex-China ETF 54.1 16 8 7.2 +0.6
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 52.8 30 -6 7.4 +0.8
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 50.5 15 9 7.3 +0.7
JHEM John Hancock Multifactor Emerging Markets ETF 49.6 49 -25 8.1 +1.5
EMDM First Trust Bloomberg Emerging Market Democracies ETF 47.2 75 -51 7.4 +0.8
EEMA iShares MSCI Emerging Markets Asia ETF 46.2 49 -25 6.6 +0.0
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 46.1 66 -42 6.8 +0.2
EEM iShares MSCI Emerging Markets ETF 46.0 69 -45 6.9 +0.3
BKEM BNY Mellon Emerging Markets Equity ETF 45.3 11 13 7.5 +0.9
EMXF iShares ESG Advanced MSCI EM ETF 45.0 16 8 7.0 +0.4
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 44.5 33 -9 7.1 +0.5
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 44.3 20 4 6.9 +0.4
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 43.7 36 -12 7.1 +0.6
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 43.4 32 -8 6.3 -0.3
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 43.4 45 -21 7.9 +1.3
AAXJ iShares MSCI All Country Asia ex Japan ETF 42.8 70 -46 6.3 -0.3
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 42.3 18 6 7.0 +0.5
ESGE iShares ESG Aware MSCI EM ETF 41.8 25 -1 7.4 +0.8
EMGF iShares Emerging Markets Equity Factor ETF 41.2 25 -1 8.7 +2.2
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 40.1 32 -8 6.6 +0.0
LDEM iShares ESG MSCI EM Leaders ETF 39.8 17 7 7.5 +0.9
IEMG iShares Core MSCI Emerging Markets ETF 39.4 9 15 7.5 +0.9
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 38.6 88 -64 5.4 -1.2
SCHE Schwab Emerging Markets Equity ETF 37.3 11 13 7.3 +0.7
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 36.4 39 -15 12.3 +5.7
DFAE Dimensional Emerging Core Equity Market ETF 36.1 35 -11 7.4 +0.8
NUEM Nuveen ESG Emerging Markets Equity ETF 35.5 36 -12 6.7 +0.1
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 35.0 30 -6 7.9 +1.3
DEHP Dimensional Emerging Markets High Profitability ETF 34.6 41 -17 6.6 0.0
PXH Invesco FTSE RAFI Emerging Markets ETF 34.2 49 -25 12.7 +6.1
FLAX Franklin FTSE Asia Ex Japan ETF 34.2 19 5 7.0 +0.4
SPEM SPDR Portfolio Emerging Markets ETF 34.0 7 17 7.4 +0.8
EMMF WisdomTree Emerging Markets Multifactor Fund 33.9 48 -24 9.0 +2.5
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 33.6 50 -26 10.9 +4.4
RNEM First Trust Emerging Markets Equity Select ETF 32.1 75 -51 5.9 -0.7
AIA iShares Asia 50 ETF 30.8 50 -26 6.7 +0.1
ROAM Hartford Multifactor Emerging Markets ETF 29.3 44 -20 11.3 +4.8
EWT iShares MSCI Taiwan ETF 29.0 58 -34 5.3 -1.3
FLTW Franklin FTSE Taiwan ETF 29.0 19 5 5.6 -1.0
MINV Matthews Asia Innovators Active ETF 28.5 79 -55 1.0 -5.6
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 28.1 59 -35 9.2 +2.6
DFEM Dimensional Emerging Markets Core Equity 2 ETF 27.8 38 -14 8.1 +1.5
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 27.6 95 -71 10.6 +4.0
MEM Matthews Emerging Markets Equity Active ETF 27.2 79 -55 5.8 -0.8
GMF SPDR S&P Emerging Asia Pacific ETF 27.1 49 -25 6.2 -0.4
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 26.9 44 -20 10.3 +3.8
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 26.7 40 -16 6.7 +0.1
DFEV Dimensional Emerging Markets Value ETF 26.5 43 -19 11.1 +4.6
FRDM Freedom 100 Emerging Markets ETF 25.9 49 -25 6.7 +0.1
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 24.2 41 -17 7.5 +0.9
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 23.4 25 -1 6.5 -0.1
BKF iShares MSCI BIC ETF 23.2 69 -45 7.3 +0.7
AVEM Avantis Emerging Markets Equity ETF 21.8 33 -9 8.8 +2.3
FDEM Fidelity Emerging Markets Multifactor ETF 20.9 25 -1 11.4 +4.8
VWO Vanguard FTSE Emerging Markets ETF 20.2 8 16 7.2 +0.6
AVES Avantis Emerging Markets Value ETF 19.6 36 -12 10.9 +4.3
EELV Invesco S&P Emerging Markets Low Volatility ETF 19.6 29 -5 8.3 +1.8
FLIN Franklin FTSE India ETF 19.5 19 5 5.1 -1.5
DEM WisdomTree Emerging Markets High Dividend Fund 19.5 63 -39 12.6 +6.1
INDA iShares MSCI India ETF 19.0 65 -41 4.5 -2.1
EPI WisdomTree India Earnings Fund 18.6 85 -61 6.2 -0.4
EEMO Invesco S&P Emerging Markets Momentum ETF 17.9 29 -5 6.1 -0.4
INDY iShares India 50 ETF 17.5 89 -65 4.8 -1.8
NFTY First Trust India NIFTY 50 Equal Weight ETF 17.5 80 -56 6.1 -0.5
PIN Invesco India ETF 17.3 78 -54 4.7 -1.9
FLKR Franklin FTSE South Korea ETF 17.0 9 15 9.3 +2.7
EWY iShares MSCI South Korea ETF 16.9 58 -34 8.4 +1.8
EMC Global X Emerging Markets Great Consumer ETF 16.1 75 -51 4.8 -1.8
EMM Global X Emerging Markets ex-China ETF 15.6 75 -51 3.8 -2.8
KNCT Invesco Next Gen Connectivity ETF 15.3 40 -16 5.7 -0.9
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 14.8 42 -18 7.4 +0.9
ACWX iShares MSCI ACWI ex U.S. ETF 13.5 34 -10 6.8 +0.2
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 13.5 41 -17 6.7 +0.1
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 12.9 20 4 10.2 +3.6
IXUS iShares Core MSCI Total International Stock ETF 11.6 7 17 7.0 +0.4
VSGX Vanguard ESG International Stock ETF 11.3 12 12 6.5 -0.1
FEM First Trust Emerging Markets AlphaDEX Fund 11.1 80 -56 14.2 +7.6
VYMI Vanguard International High Dividend Yield ETF 11.1 22 2 9.6 +3.0
VEU Vanguard FTSE All-World ex-US Index Fund 11.1 8 16 7.0 +0.4
NXTG First Trust Indxx NextG ETF 10.6 70 -46 5.9 -0.7
FLLA Franklin FTSE Latin America ETF 10.4 19 5 12.9 +6.3
ECOW Pacer Emerging Markets Cash Cows 100 ETF 10.3 70 -46 9.3 +2.7
CGXU Capital Group International Focus Equity ETF 10.2 54 -30 5.1 -1.5
NDIA Global X India Active ETF 10.0 75 -51 6.4 -0.1
UEVM VictoryShares Emerging Markets Value Momentum ETF 10.0 45 -21 10.9 +4.4
VXUS Vanguard Total International Stock ETF 9.8 7 17 6.9 +0.4
ACWV iShares MSCI Global Min Vol Factor ETF 9.6 20 4 6.2 -0.4
RODE Hartford Multifactor Diversified International ETF 9.5 29 -5 11.4 +4.8
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 9.4 90 -66 6.3 -0.3
IQDF FlexShares International Quality Dividend Index Fund 9.4 47 -23 8.9 +2.3
FBOT Fidelity Disruptive Automation ETF 9.3 50 -26 3.8 -2.8
IXN iShares Global Tech ETF 8.8 41 -17 4.3 -2.2
VIDI Vident International Equity Strategy ETF 8.7 61 -37 11.9 +5.3
VPL Vanguard FTSE Pacific ETF 8.3 8 16 6.9 +0.4
IQDY FlexShares International Quality Dividend Dynamic Index Fund 8.2 47 -23 9.1 +2.5
CWI SPDR MSCI ACWI ex-US ETF 8.2 30 -6 6.7 +0.2
EDIV SPDR S&P Emerging Markets Dividend ETF 8.2 49 -25 10.5 +4.0
IWTR iShares MSCI Water Management Multisector ETF 8.1 47 -23 4.9 -1.7
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 7.8 80 -56 8.2 +1.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 7.7 30 -6 7.9 +1.3
JIG JPMorgan International Growth ETF 7.7 55 -31 4.3 -2.3
DEW WisdomTree Global High Dividend Fund 7.3 58 -34 8.7 +2.1
IMFL Invesco International Developed Dynamic Multifactor ETF 6.7 34 -10 10.8 +4.2
EYLD Cambria Emerging Shareholder Yield ETF 6.7 66 -42 13.1 +6.6
CHAT Roundhill Generative AI & Technology ETF 6.6 75 -51 4.1 -2.5
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 6.6 60 -36 0.5 -6.1
FLN First Trust Latin America AlphaDEX Fund 6.6 80 -56 9.9 +3.3
FLBR Franklin FTSE Brazil ETF 6.6 19 5 13.6 +7.1
CLNR IQ Cleaner Transport ETF 6.4 45 -21 6.3 -0.3
WWJD Inspire International ETF 6.4 80 -56 6.9 +0.4
LEGR First Trust Indxx Innovative Transaction & Process ETF 6.4 65 -41 8.3 +1.7
WRND IQ Global Equity R&D Leaders ETF 6.3 18 6 7.1 +0.5
CARZ First Trust NASDAQ Global Auto Index Fund 6.3 70 -46 2.9 -3.7
ECON Columbia Emerging Markets Consumer ETF 6.3 49 -25 5.1 -1.5
IQDE FlexShares International Quality Dividend Defensive Index ET 6.3 47 -23 8.2 +1.6
EWZ iShares MSCI Brazil ETF 6.2 58 -34 13.0 +6.5
GBUY Goldman Sachs Future Consumer Equity ETF 6.1 75 -51 3.7 -2.9
GLIN VanEck India Growth Leaders ETF 6.1 77 -53 5.7 -0.9
EDOG ALPS Emerging Sector Dividend Dogs ETF 5.8 60 -36 12.7 +6.1
INDF Nifty India Financials ETF 5.7 75 -51 5.3 -1.3
WTAI WisdomTree Artificial Intelligence and Innovation Fund 5.5 45 -21 3.2 -3.4
FNDF Schwab Fundamental International Large Co. Index ETF 5.5 25 -1 9.3 +2.7
JSTC Adasina Social Justice All Cap Global ETF 5.5 89 -65 4.9 -1.7
FMET Fidelity Metaverse ETF 5.4 39 -15 5.1 -1.5
BLES Inspire Global Hope ETF 5.3 61 -37 6.4 -0.2
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 5.2 60 -36 9.7 +3.1
FBZ First Trust Brazil AlphaDEX Fund 5.2 80 -56 12.3 +5.8
DINT Davis Select International ETF 5.1 55 -31 6.2 -0.3
DGIN VanEck Digital India ETF 5.1 71 -47 1.3 -5.3
GLOF iShares Global Equity Factor ETF 4.9 20 4 7.2 +0.6
ACWI iShares MSCI ACWI ETF 4.9 32 -8 5.5 -1.1
NTZG Nuveen Global Net Zero Transition ETF 4.8 56 -32 4.8 -1.8
DVYE iShares Emerging Markets Dividend ETF 4.7 49 -25 15.5 +8.9
TTAI FCF International Quality ETF 4.7 59 -35 6.6 +0.0
DSTX Distillate International Fundamental Stability & Value ETF 4.7 55 -31 8.6 +2.1
AGQI First Trust Active Global Quality Income ETF 4.7 85 -61 5.4 -1.2
AIQ Global X Artificial Intelligence & Technology ETF 4.7 68 -44 4.0 -2.6
ILF iShares Latin America 40 ETF 4.6 48 -24 11.3 +4.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 4.6 20 4 5.3 -1.3
ASEA Global X FTSE Southeast Asia ETF 4.5 65 -41 6.3 -0.3
JGLO JPMorgan Global Select Equity ETF 4.3 33 -9 4.5 -2.1
HFXI IQ FTSE International Equity Currency Neutral ETF 4.2 20 4 6.8 +0.2
SCHY Schwab International Dividend Equity ETF 4.2 14 10 8.9 +2.4
VT Vanguard Total World Stock ETF 4.2 7 17 5.8 -0.8
UMMA Wahed Dow Jones Islamic World ETF 4.1 65 -41 4.6 -2.0
JPIN J.P. Morgan Diversified Return International Equity ETF 4.1 37 -13 8.5 +1.9
EZA iShares MSCI South Africa ETF 4.1 58 -34 10.5 +3.9
UIVM VictoryShares International Value Momentum ETF 4.1 35 -11 10.5 +3.9
XT iShares Exponential Technologies ETF 4.0 46 -22 4.7 -1.9
FDT First Trust Developed Markets ex-US AlphaDEX Fund 4.0 80 -56 8.1 +1.5
DWLD Davis Select Worldwide ETF 3.8 63 -39 7.0 +0.4
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 3.8 45 -21 8.6 +2.0
PICK iShares MSCI Global Metals & Mining Producers ETF 3.7 39 -15 12.7 +6.2
AFK VanEck Africa Index ETF 3.7 98 -74 8.8 +2.3
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.5 12 12 4.8 -1.7
GVAL Cambria Global Value ETF 3.5 68 -44 12.9 +6.3
SCHF Schwab International Equity ETF 3.4 6 18 7.1 +0.6
ADIV SmartETFs Asia Pacific Dividend Builder ETF 3.4 78 -54 9.3 +2.7
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 3.4 46 -22 9.3 +2.7
EEMD AAM S&P Emerging Markets High Dividend Value ETF 3.3 49 -25 18.2 +11.6
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 3.2 24 0 8.3 +1.8
METV Roundhill Ball Metaverse ETF 3.2 59 -35 3.4 -3.2
VEA Vanguard FTSE Developed Markets ETF 3.2 5 19 6.9 +0.3
EWW iShares MSCI Mexico ETF 3.1 50 -26 11.7 +5.2
FILL iShares MSCI Global Energy Producers ETF 3.1 39 -15 10.0 +3.4
SDEM Global X MSCI SuperDividend Emerging Markets ETF 3.0 67 -43 17.6 +11.0
FLMX Franklin FTSE Mexico ETF 2.9 19 5 13.7 +7.1
VIGI Vanguard International Dividend Appreciation ETF 2.9 15 9 5.7 -0.9
TPIF Timothy Plan International ETF 2.6 62 -38 6.5 -0.0
IGRO iShares International Dividend Growth ETF 2.6 15 9 7.1 +0.6
EIDO iShares MSCI Indonesia ETF 2.5 59 -35 7.1 +0.6
MOTG VanEck Morningstar Global Wide Moat ETF 2.5 52 -28 5.7 -0.9
GTEK Goldman Sachs Future Tech Leaders Equity ETF 2.4 75 -51 3.1 -3.5
BNE Blue Horizon BNE ETF 2.4 87 -63 5.2 -1.4
DWX SPDR S&P International Dividend ETF 2.4 45 -21 6.6 +0.0
INCO Columbia India Consumer ETF 2.3 75 -51 1.5 -5.1
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 2.3 86 -62 2.0 -4.5
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 2.3 86 -62 1.6 -4.9
IDX VanEck Indonesia Index ETF 2.2 57 -33 8.3 +1.7
BTEK Future Tech ETF 2.2 88 -64 2.3 -4.3
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 2.2 68 -44 8.3 +1.7
EWM iShares MSCI Malaysia ETF 2.2 50 -26 5.4 -1.1
FGD First Trust Dow Jones Global Select Dividend Index Fund 2.1 56 -32 13.6 +7.0
CIL VictoryShares International Volatility Wtd ETF 2.1 45 -21 6.8 +0.2
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 2.1 51 -27 6.7 +0.2
PID Invesco International Dividend Achievers ETF 2.0 53 -29 6.8 +0.2
WBAT WisdomTree Battery Value Chain and Innovation Fund 2.0 45 -21 -0.5 -7.0
LOUP Innovator Deepwater Frontier Tech ETF 2.0 70 -46 1.9 -4.7
IGPT Invesco AI and Next Gen Software ETF 2.0 60 -36 4.3 -2.3
DGT SPDR Global Dow ETF 2.0 50 -26 6.6 +0.1
DRIV Global X Autonomous & Electric Vehicles ETF 2.0 68 -44 5.7 -0.9
CGGO Capital Group Global Growth Equity ETF 2.0 47 -23 4.8 -1.8
MXI iShares Global Materials ETF 1.9 41 -17 6.8 +0.2
QTUM Defiance Quantum ETF 1.9 40 -16 4.4 -2.2
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 1.9 68 -44 4.2 -2.4
CIBR First Trust NASDAQ Cybersecurity ETF 1.9 60 -36 4.2 -2.4
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.8 65 -41 1.3 -5.3
MOTI VanEck Morningstar International Moat ETF 1.7 58 -34 6.2 -0.3
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 1.7 45 -21 5.8 -0.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.7 9 15 5.7 -0.9
EPOL iShares MSCI Poland ETF 1.7 59 -35 10.5 +3.9
QINT American Century Quality Diversified International ETF 1.6 39 -15 7.7 +1.1
SPDW SPDR Portfolio Developed World ex-US ETF 1.6 3 21 6.8 +0.3
GGME Invesco Next Gen Media and Gaming ETF 1.6 60 -36 3.9 -2.7
IXG iShares Global Financials ETF 1.6 42 -18 6.6 +0.0
INQQ India Internet & Ecommerce ETF 1.5 86 -62 2.6 -3.9
ICOW Pacer Developed Markets International Cash Cows 100 ETF 1.5 65 -41 12.3 +5.7
MOTO SmartETFs Smart Transportation & Technology ETF 1.5 68 -44 7.1 +0.6
IDAT iShares Future Cloud 5G and Tech ETF 1.5 47 -23 4.4 -2.2
SNSR Global X Internet of Things ETF 1.5 68 -44 4.3 -2.3
FDTX Fidelity Disruptive Technology ETF 1.4 50 -26 3.0 -3.6
SDG iShares MSCI Global Sustainable Development Goals ETF 1.4 49 -25 5.6 -1.0
SDIV Global X Superdividend ETF 1.3 58 -34 15.0 +8.4
GCOW Pacer Global Cash Cows Dividend ETF 1.3 60 -36 12.1 +5.6
BRAZ Global X Brazil Active ETF 1.3 75 -51 10.2 +3.6
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.3 61 -37 2.7 -3.9
CGUS Capital Group Core Equity ETF 1.2 33 -9 4.6 -1.9
IDV iShares International Select Dividend ETF 1.2 51 -27 12.0 +5.4
FTAG First Trust Indxx Global Agriculture ETF 1.2 70 -46 9.2 +2.6
KXI iShares Global Consumer Staples ETF 1.1 41 -17 5.5 -1.0
IOO iShares Global 100 ETF 1.1 41 -17 4.9 -1.7
CID VictoryShares International High Div Volatility Wtd ETF 1.1 45 -21 9.0 +2.4
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 1.1 47 -23 1.9 -4.7
OCEN IQ Clean Oceans ETF 1.1 45 -21 5.6 -1.0
KOCG FIS Knights of Columbus Global Belief ETF 1.0 75 -51 5.4 -1.2
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.0 49 -25 6.4 -0.2
HAP VanEck Natural Resources ETF 1.0 50 -26 10.0 +3.4
QAT iShares MSCI Qatar ETF 1.0 59 -35 9.9 +3.4
IPKW Invesco International BuyBack Achievers ETF 1.0 55 -31 9.5 +3.0
UAE iShares MSCI UAE ETF 1.0 59 -35 9.1 +2.5
EPU iShares MSCI Peru and Global Exposure ETF 1.0 59 -35 6.0 -0.6
TUR iShares MSCI Turkey ETF 0.9 58 -34 17.4 +10.8
EPHE iShares MSCI Philippines ETF 0.9 59 -35 8.7 +2.1
OBOR KraneShares MSCI One Belt One Road Index ETF 0.9 79 -55 9.9 +3.3
EV Mast Global Battery Recycling & Production ETF 0.9 65 -41 13.2 +6.6
MVPS Amplify Thematic All-Stars ETF 0.9 49 -25 3.1 -3.5
FNDC Schwab Fundamental International Small Co. Index ETF 0.9 39 -15 7.0 +0.4
IXP iShares Global Comm Services ETF 0.9 42 -18 5.4 -1.2
CRAK VanEck Oil Refiners ETF 0.9 61 -37 13.9 +7.3
RXI iShares Global Consumer Discretionary ETF 0.9 41 -17 5.8 -0.8
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.8 47 -23 5.7 -0.9
GMET VanEck Green Metals ETF 0.8 63 -39 10.6 +4.0
ECH iShares MSCI Chile ETF 0.8 58 -34 9.6 +3.1
GINN Goldman Sachs Innovate Equity ETF 0.8 52 -28 2.7 -3.9
OSEA Harbor International Compounders ETF 0.8 55 -31 3.9 -2.7
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.8 79 -55 4.9 -1.7
ISHP First Trust Nasdaq Retail ETF 0.8 60 -36 3.2 -3.4
IDRV iShares Self-driving EV & Tech ETF 0.7 47 -23 -0.4 -7.0
GSFP Goldman Sachs Future Planet Equity ETF 0.7 75 -51 4.5 -2.1
ROBO ROBO Global Robotics & Automation Index ETF 0.7 95 -71 3.3 -3.3
SATO Invesco Alerian Galaxy Crypto Economy ETF 0.7 61 -37 -1.0 -7.6
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.7 58 -34 4.7 -1.9
RING iShares MSCI Global Gold Miners ETF 0.7 39 -15 5.6 -1.0
SETM Sprott Energy Transition Materials ETF 0.7 65 -41 6.4 -0.2
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.7 12 12 8.0 +1.4
FDNI First Trust Dow Jones International Internet ETF 0.7 65 -41 3.0 -3.6
SOCL Global X Social Media ETF 0.7 65 -41 -6.1 -12.6
KPOP KPOP and Korean Entertainment ETF 0.7 75 -51 -9.1 -15.7
JRNY ALPS Global Travel Beneficiaries ETF 0.6 65 -41 -1.2 -7.8
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.6 10 14 7.6 +1.0
IVRS iShares Future Metaverse Tech and Communications ETF 0.6 47 -23 -3.9 -10.5
FVD First Trust Value Line Dividend Index Fund 0.6 65 -41 6.2 -0.4
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.6 72 -48 0.1 -6.5
FTRI First Trust Indxx Global Natural Resources Income ETF 0.6 70 -46 10.0 +3.4
FPAG FPA Global Equity ETF 0.5 49 -25 5.5 -1.1
APIE ActivePassive International Equity ETF 0.5 45 -21 7.6 +1.0
JETS U.S. Global Jets ETF 0.5 60 -36 -15.6 -22.2
SMOG VanEck Low Carbon Energy ETF 0.5 61 -37 2.7 -3.9
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.5 58 -34 9.9 +3.3
BBEU JPMorgan BetaBuilders Europe ETF 0.5 9 15 6.9 +0.3
SPEU SPDR Portfolio Europe ETF 0.4 7 17 6.6 -0.0
FDCF Fidelity Disruptive Communications ETF 0.4 50 -26 2.7 -3.8
VGK Vanguard FTSE Europe ETF 0.4 11 13 6.7 +0.1
BATT Amplify Lithium & Battery Technology ETF 0.4 59 -35 0.6 -6.0
BECO BlackRock Future Climate and Sustainable Economy ETF 0.4 70 -46 12.8 +6.2
CTEC Global X CleanTech ETF 0.4 50 -26 2.5 -4.0
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.4 39 -15 -2.7 -9.3
LIT Global X Lithium & Battery Tech ETF 0.4 75 -51 14.0 +7.4
PBD Invesco Global Clean Energy ETF 0.4 75 -51 -7.0 -13.6
ETEC iShares Breakthrough Environmental Solutions ETF 0.4 47 -23 8.0 +1.4
FLEE Franklin FTSE Europe ETF 0.4 9 15 6.9 +0.3
URA Global X Uranium ETF 0.4 69 -45 3.2 -3.4
DIVI Franklin International Core Dividend Tilt Index ETF 0.4 9 15 7.6 +1.0
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.4 50 -26 5.4 -1.2
GDVD R3 Global Dividend Growth ETF 0.4 88 -64 5.6 -1.0
TEMP JPMorgan Climate Change Solutions ETF 0.4 49 -25 5.3 -1.3
IDHQ Invesco S&P International Developed High Quality ETF 0.4 29 -5 6.2 -0.4
COPX Global X Copper Miners ETF 0.4 65 -41 8.0 +1.4
SIL Global X Silver Miners ETF 0.4 65 -41 2.4 -4.2
FPXI First Trust International Equity Opportunities ETF 0.4 70 -46 4.0 -2.6
IQSI IQ Candriam International Equity ETF 0.4 15 9 6.4 -0.2
GXG Global X MSCI Colombia ETF 0.4 62 -38 14.7 +8.2
CZA Invesco Zacks Mid-Cap ETF 0.3 72 -48 6.4 -0.2
BLLD JPMorgan Sustainable Infrastructure ETF 0.3 49 -25 5.6 -1.0
CGGR Capital Group Growth ETF 0.3 39 -15 3.6 -3.0
AADR AdvisorShares Dorsey Wright ADR ETF 0.3 110 -86 5.9 -0.7
GDX VanEck Gold Miners ETF 0.3 51 -27 4.5 -2.1
GDXJ VanEck Junior Gold Miners ETF 0.3 52 -28 4.5 -2.0
SILJ ETFMG Prime Junior Silver Miners ETF 0.3 69 -45 1.4 -5.2
SLVP iShares MSCI Global Silver Miners ETF 0.3 39 -15 3.1 -3.5
HART IQ Healthy Hearts ETF 0.3 45 -21 5.2 -1.3
DMAT Global X Disruptive Materials ETF 0.3 59 -35 12.1 +5.5
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.3 85 -61 8.7 +2.1
EXI iShares Global Industrials ETF 0.3 42 -18 4.9 -1.7
CUT Invesco MSCI Global Timber ETF 0.3 61 -37 8.2 +1.6
WOOD iShares Global Timber & Forestry ETF 0.3 42 -18 9.4 +2.8
THD iShares MSCI Thailand ETF 0.3 58 -34 6.1 -0.5
ANEW ProShares MSCI Transformational Changes ETF 0.3 45 -21 3.6 -3.0
ICLN iShares Global Clean Energy ETF 0.3 41 -17 4.8 -1.8
FID First Trust S&P International Dividend Aristocrats ETF 0.3 60 -36 9.4 +2.8
WDIV SPDR S&P Global Dividend ETF 0.3 40 -16 9.6 +3.0
GSID Goldman Sachs MarketBeta International Equity ETF 0.3 20 4 6.7 +0.1
BKIE BNY Mellon International Equity ETF 0.3 4 20 6.9 +0.3
BPAY BlackRock Future Financial and Technology ETF 0.3 70 -46 8.9 +2.3
HELX Franklin Genomic Advancements ETF 0.3 50 -26 0.1 -6.5
BTHM BlackRock Future U.S. Themes ETF 0.3 60 -36 4.3 -2.3
FXZ First Trust Materials AlphaDEX Fund 0.3 61 -37 10.2 +3.6
GNR SPDR S&P Global Natural Resources ETF 0.3 40 -16 9.8 +3.2
IYM iShares U.S. Basic Materials ETF 0.3 40 -16 6.8 +0.3
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.3 18 6 7.4 +0.9
PWV Invesco Large Cap Value ETF 0.3 55 -31 8.0 +1.4
VRAI Virtus Real Asset Income ETF 0.3 55 -31 8.3 +1.7
CCSO Carbon Collective Climate Solutions US Equity ETF 0.3 35 -11 2.5 -4.1
PTL Inspire 500 ETF 0.3 9 15 5.8 -0.8
QDF FlexShares Quality Dividend Index Fund 0.2 37 -13 4.5 -2.1
VUSE Vident U.S. Equity Strategy ETF 0.2 50 -26 3.5 -3.1
CGV Conductor Global Equity Value ETF 0.2 130 -106 10.5 +3.9
IQRA IQ CBRE Real Assets ETF 0.2 65 -41 5.5 -1.1
MOO VanEck Agribusiness ETF 0.2 53 -29 9.6 +3.0
EQAL Invesco Russell 1000 Equal Weight ETF 0.2 20 4 5.8 -0.8
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 12 6.0 -0.6
FNDA Schwab Fundamental US Small Co. Index ETF 0.2 25 -1 6.2 -0.4
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.2 80 -56 9.4 +2.8
JMOM JPMorgan U.S. Momentum Factor ETF 0.2 12 12 4.9 -1.7
VEGI iShares MSCI Agriculture Producers ETF 0.2 39 -15 9.5 +2.9
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.2 80 -56 13.4 +6.8
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.2 39 -15 7.7 +1.1
QDEF FlexShares Quality Dividend Defensive Index Fund 0.2 37 -13 4.3 -2.3
SHLD Global X Defense Tech ETF 0.2 50 -26 5.0 -1.5
ERTH Invesco MSCI Sustainable Future ETF 0.2 62 -38 3.2 -3.4
EPS WisdomTree U.S. LargeCap Fund 0.2 8 16 6.2 -0.4
VFMO Vanguard U.S. Momentum Factor ETF 0.2 13 11 2.3 -4.3
FELG Fidelity Enhanced Large Cap Growth ETF 0.2 18 6 5.0 -1.6
LUXX Roundhill S&P Global Luxury ETF 0.2 45 -21 3.0 -3.6
INTF iShares International Equity Factor ETF 0.2 15 9 8.0 +1.4
ARVR First Trust Indxx Metaverse ETF 0.2 70 -46 1.7 -4.9
RVRB Reverb ETF 0.2 30 -6 5.0 -1.6
FDD First Trust Stoxx European Select Dividend Index Fund 0.1 58 -34 12.9 +6.3
IDOG ALPS International Sector Dividend Dogs ETF 0.1 50 -26 11.5 +4.9
NLR VanEck Uranium+Nuclear Energy ETF 0.1 61 -37 4.0 -2.6
AQWA Global X Clean Water ETF 0.1 50 -26 4.1 -2.4
CGW Invesco S&P Global Water Index ETF 0.1 57 -33 3.7 -2.8
PIO Invesco Global Water ETF 0.1 75 -51 5.8 -0.7
AFLG First Trust Active Factor Large Cap ETF 0.1 55 -31 6.2 -0.4
ARKF ARK Fintech Innovation ETF 0.1 75 -51 -0.3 -6.9
EMFQ Amplify Emerging Markets FinTech ETF 0.1 69 -45 5.7 -0.9
ESPO VanEck Video Gaming and eSports ETF 0.1 56 -32 4.2 -2.4
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.1 75 -51 5.0 -1.6
HERO Global X Video Games & Esports ETF 0.1 50 -26 4.3 -2.3
NERD Roundhill Video Games ETF 0.1 50 -26 7.0 +0.4
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF 0.1 69 -45 8.6 +2.0
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 14 5.5 -1.1
VYM Vanguard High Dividend Yield Index ETF 0.1 6 18 7.1 +0.6
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 9 5.9 -0.7
AVRE Avantis Real Estate ETF 0.1 17 7 6.1 -0.5
BLDG Cambria Global Real Estate ETF 0.1 60 -36 9.5 +2.9
REET iShares Global REIT ETF 0.1 14 10 6.6 -0.0
RWO SPDR Dow Jones Global Real Estate ETF 0.1 50 -26 6.3 -0.3
RWX SPDR Dow Jones International Real Estate ETF 0.1 59 -35 6.6 -0.0
DFGR Dimensional Global Real Estate ETF 0.1 22 2 6.5 -0.1
BINV Brandes International ETF 0.1 70 -46 8.2 +1.7
SUPL ProShares Supply Chain Logistics ETF 0.1 58 -34 14.1 +7.6
SHPP Pacer Industrials and Logistics ETF 0.1 60 -36 8.5 +1.9
SFY SoFi Select 500 ETF 0.1 0 24 4.8 -1.8
EFRA iShares Environmental Infrastructure and Industrials ETF 0.1 47 -23 4.9 -1.6
GDEF Goldman Sachs Defensive Equity ETF 0.1 55 -31 4.8 -1.8
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.1 80 -56 3.5 -3.1
FEP First Trust Europe AlphaDEX Fund 0.1 80 -56 5.5 -1.1
FEUZ First Trust Eurozone AlphaDEX ETF 0.1 80 -56 4.3 -2.3
GREK Global X MSCI Greece ETF 0.1 57 -33 -3.6 -10.1
RFDI First Trust Riverfront Dynamic Developed International ETF 0.1 83 -59 8.8 +2.2
HJEN Direxion Hydrogen ETF 0.1 45 -21 -6.7 -13.3
IXC iShares Global Energy ETF 0.1 44 -20 9.1 +2.5
RECS Columbia Research Enhanced Core ETF 0.1 15 9 5.6 -0.9
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 -15 7.1 +0.5
OND ProShares On-Demand ETF 0.1 58 -34 -2.2 -8.7
JXI iShares Global Utilities ETF 0.1 43 -19 6.3 -0.3
SCHC Schwab International Small-Cap Equity ETF 0.1 11 13 6.2 -0.4
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 7 17 6.4 -0.2
ODDS Pacer BlueStar Digital Entertainment ETF 0.1 60 -36 2.3 -4.3
BJK VanEck Gaming ETF 0.1 65 -41 1.9 -4.7
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.1 29 -5 9.9 +3.3
LNGG Roundhill Alerian LNG ETF 0.1 65 -41 8.5 +1.9
ION ProShares S&P Global Core Battery Metals ETF 0.1 58 -34 13.0 +6.4
SAGP Strategas Global Policy Opportunities ETF 0.1 65 -41 5.3 -1.3
EMIF iShares Emerging Markets Infrastructure ETF 0.1 60 -36 4.6 -2.0
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -51 4.3 -2.3
FNDB Schwab Fundamental US Broad Market Index ETF 0.1 25 -1 7.0 +0.4
ERUS iShares MSCI Russia ETF 0.0 8 16 10.7 +4.2
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 -18 5.2 -1.4
HLAL Wahed FTSE USA Shariah ETF 0.0 50 -26 4.9 -1.7
IWY iShares Russell Top 200 Growth ETF 0.0 20 4 5.1 -1.5
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 9 5.0 -1.6
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 7 7.1 +0.5
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 -1 7.1 +0.5
ILCV iShares Morningstar Value ETF 0.0 4 20 6.4 -0.1
TINT ProShares Smart Materials ETF 0.0 58 -34 5.6 -1.0
VONG Vanguard Russell 1000 Growth ETF 0.0 8 16 5.0 -1.5
IWF iShares Russell 1000 Growth ETF 0.0 19 5 4.9 -1.7
VFMF Vanguard U.S. Multifactor ETF 0.0 18 6 8.5 +1.9
DIVB iShares Core Dividend ETF 0.0 5 19 7.8 +1.2
NACP Impact Shares NAACP Minority Empowerment ETF 0.0 49 -25 5.2 -1.4
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 15 5.1 -1.5
JHML John Hancock Multifactor Large Cap ETF 0.0 29 -5 5.6 -1.0
IWL iShares Russell Top 200 ETF 0.0 15 9 5.0 -1.6
DUHP Dimensional US High Profitability ETF 0.0 21 3 6.7 +0.2
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.0 2 22 5.2 -1.3
BKLC BNY Mellon US Large Cap Core Equity ETF 0.0 0 24 5.3 -1.2
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.0 7 17 5.2 -1.4
VOTE TCW Transform 500 ETF 0.0 5 19 5.2 -1.4
ILCB iShares Morningstar U.S. Equity ETF 0.0 3 21 5.2 -1.4
VONE Vanguard Russell 1000 ETF 0.0 8 16 5.3 -1.3
IWB iShares Russell 1000 ETF 0.0 15 9 5.1 -1.5
ONEO SPDR Russell 1000 Momentum Focus ETF 0.0 20 4 7.2 +0.6
VTHR Vanguard Russell 3000 ETF 0.0 10 14 5.1 -1.5
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 13 5.2 -1.4
DFAU Dimensional US Core Equity Market ETF 0.0 12 12 5.3 -1.3
DFUS Dimensional U.S. Equity ETF 0.0 9 15 5.1 -1.5
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 7 5.6 -1.0
IWV iShares Russell 3000 ETF 0.0 20 4 5.0 -1.6
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.0 25 -1 5.6 -1.0
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 6 5.6 -0.9
NANC Unusual Whales Subversive Democratic Trading ETF 0.0 75 -51 3.9 -2.7
EWX SPDR S&P Emerging Markets Small Cap ETF 0.0 65 -41 7.1 +0.6
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 -5 6.1 -0.4

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:		 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 11.2 %
Divided by: Fwd. P/BV 1.6 x
Less: Expense ratio 24 bp
Equals: ALTAR Score 6.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.52 CATEGORY
AVERAGE		 1.48
 
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.