iShares ESG MSCI EM Leaders ETF
ALTAR
Score™		 14.0% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 8.1x P/Sales
ratio		 1.3x
P/BV
ratio		 1.2x Div.
yield		 2.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
LDEM tracks a tier-weighted index composed of emerging market large- and midcap stocks with high environmental, social, and governance traits relative to their sector peers.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Blackrock
Website www.blackrock.com
Inception date Feb 05, 2020
Assets (mns) $28
Currency USD
Expense ratio 17 bp
Distributions Semi-annual

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 448
Wgt avg mkt cap (mns) $122,458
Large cap (>$10bn) 79.4%
Mid cap ($2-10bn) 20.2%
Small cap (<$2bn) 0.1%
Developed mkts 3.7%
Emerging mkts 96.3%

TOP TEN HOLDINGS
TENCENT HOLDINGS LTD 4.9 %
TAIWAN SEMICONDUCTOR MANUFAC 4.7 %
ALIBABA GROUP HOLDING LTD. 4.5 %
HDFC BANK LIMITED 3.4 %
RELIANCE INDUSTRIES LTD 2.4 %
CHINA CONSTRUCTION BANK-H 2.3 %
BYD CO LTD-H 1.9 %
MEDIATEK INC 1.7 %
INFOSYS TECHNOLOGIES LTD 1.4 %
BHARTI AIRTEL LIMITED 1.4 %
Total 28.5 %

TOP COUNTRY EXPOSURE
CHINA 26.2 %
INDIA 18.7 %
TAIWAN 13.5 %
SOUTH KOREA 6.4 %
SOUTH AFRICA 4.6 %
BRAZIL 3.4 %
SAUDI ARABIA 2.8 %
MEXICO 2.7 %
HONG KONG 2.7 %
MALAYSIA 2.3 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 30)
Year-to-date 1 year 5 years 10 years Since Incep.
11.8% 14.3% 5.3% -- 1.6%

Market Correlations
versus... Beta R-squared
S&P500 0.68 35%
MSCI EAFE 0.83 56%
MSCI Emg. Mkts. 1.07 93%

Technical Indicators
Recent close $50.72
30d moving avg. $50.26
Annualized volatility 19.1%
Short interest (ETF) 0.1%
Relative strength (RSI) 55

Liquidity measures
Avg. volume (thou.) 4
Turnover 0.7%
Bid/Ask (% of price) 0.33%
ADV underlying (mns) $18,285

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 440 potential alternatives to the iShares ESG MSCI EM Leaders ETF ETF based on the alternatives' overlap in portfolio holdings with LDEM. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: LDEM Expense: 17 bp ALTAR Score™: 14.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH LDEM
Ticker Fund
Name		 Overlap1
vs LDEM
(%)		 Expense
ratio
(bp)		 Savings
vs LDEM
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs LDEM
(%)
EMXF iShares ESG Advanced MSCI EM ETF 63.1 16 1 8.6 -5.4
ESGE iShares ESG Aware MSCI EM ETF 52.5 25 -8 10.7 -3.3
EEM iShares MSCI Emerging Markets ETF 49.0 69 -52 10.8 -3.2
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 48.5 30 -13 10.9 -3.2
JHEM John Hancock Multifactor Emerging Markets ETF 47.7 49 -32 10.7 -3.4
EEMA iShares MSCI Emerging Markets Asia ETF 47.3 49 -32 10.9 -3.1
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 46.2 66 -49 10.5 -3.5
BKF iShares MSCI BIC ETF 45.6 69 -52 13.8 -0.2
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 45.4 15 2 10.9 -3.1
ECON Columbia Emerging Markets Consumer ETF 44.4 49 -32 13.3 -0.8
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 44.3 15 2 8.6 -5.5
EMXC iShares MSCI Emerging Markets ex China ETF 44.1 25 -8 8.0 -6.1
BKEM BNY Mellon Emerging Markets Equity ETF 44.0 11 6 10.6 -3.4
AAXJ iShares MSCI All Country Asia ex Japan ETF 43.8 70 -53 9.9 -4.1
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 42.9 36 -19 10.4 -3.6
IEMG iShares Core MSCI Emerging Markets ETF 42.7 9 8 11.0 -3.0
SCHE Schwab Emerging Markets Equity ETF 42.7 11 6 11.8 -2.2
STXE Strive Emerging Markets Ex-China ETF 42.3 32 -15 8.0 -6.0
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 42.3 45 -28 11.1 -3.0
PXH Invesco FTSE RAFI Emerging Markets ETF 42.0 49 -32 17.0 +3.0
VWO Vanguard FTSE Emerging Markets ETF 41.4 8 9 11.1 -3.0
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 40.6 39 -22 17.2 +3.1
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 40.2 32 -15 9.7 -4.3
FLAX Franklin FTSE Asia Ex Japan ETF 39.8 19 -2 10.0 -4.1
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 39.2 30 -13 10.2 -3.8
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 39.0 24 -7 8.5 -5.5
SPEM SPDR Portfolio Emerging Markets ETF 38.9 7 10 11.0 -3.0
DFAE Dimensional Emerging Core Equity Market ETF 38.6 35 -18 10.2 -3.9
NUEM Nuveen ESG Emerging Markets Equity ETF 38.5 36 -19 8.2 -5.8
EMGF iShares Emerging Markets Equity Factor ETF 37.9 25 -8 12.3 -1.7
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 37.9 33 -16 10.7 -3.4
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 36.7 20 -3 10.8 -3.2
XCNY SPDR S&P Emerging Markets ex-China ETF 35.9 15 2 7.7 -6.4
EEMO Invesco S&P Emerging Markets Momentum ETF 35.7 29 -12 6.8 -7.2
GMF SPDR S&P Emerging Asia Pacific ETF 35.4 49 -32 10.1 -4.0
XC WisdomTree Emerging Markets Ex-China Fund 34.9 32 -15 6.2 -7.9
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 33.8 41 -24 9.5 -4.5
DFEM Dimensional Emerging Markets Core Equity 2 ETF 33.1 38 -21 10.0 -4.1
DEHP Dimensional Emerging Markets High Profitability ETF 32.2 41 -24 7.2 -6.9
XCEM Columbia EM Core ex-China ETF 31.3 16 1 8.4 -5.6
AIA iShares Asia 50 ETF 31.0 50 -33 14.7 +0.7
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 30.6 59 -42 12.3 -1.7
MCHI iShares MSCI China ETF 29.0 59 -42 18.9 +4.9
DFEV Dimensional Emerging Markets Value ETF 28.9 43 -26 14.1 +0.1
GXC SPDR S&P China ETF 28.3 59 -42 17.5 +3.5
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 28.2 50 -33 11.9 -2.2
RNEM First Trust Emerging Markets Equity Select ETF 28.0 75 -58 7.0 -7.0
FDEM Fidelity Emerging Markets Multifactor ETF 27.9 25 -8 13.6 -0.5
FLCH Franklin FTSE China ETF 27.9 19 -2 17.9 +3.9
MEM Matthews Emerging Markets Equity Active ETF 27.3 79 -62 8.5 -5.6
AVEM Avantis Emerging Markets Equity ETF 27.2 33 -16 9.5 -4.5
KALL KraneShares MSCI All China Index ETF 25.5 49 -32 14.9 +0.8
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 25.5 32 -15 7.0 -7.1
EMDM First Trust Bloomberg Emerging Market Democracies ETF 25.3 75 -58 10.3 -3.7
MINV Matthews Asia Innovators Active ETF 24.8 79 -62 7.8 -6.2
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 24.7 25 -8 6.5 -7.5
EVLU iShares MSCI Emerging Markets Value Factor ETF 24.5 35 -18 20.9 +6.9
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 24.1 44 -27 10.9 -3.1
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 22.7 40 -23 7.3 -6.7
ROAM Hartford Multifactor Emerging Markets ETF 22.4 44 -27 12.3 -1.8
EMC Global X Emerging Markets Great Consumer ETF 21.6 75 -58 8.4 -5.6
FTHF First Trust Emerging Markets Human Flourishing ETF 21.6 75 -58 8.9 -5.1
FXI iShares China Large-Cap ETF 21.5 74 -57 18.9 +4.8
CXSE WisdomTree China ex-State-Owned Enterprises Fund 19.5 32 -15 19.0 +5.0
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 19.5 95 -78 13.3 -0.7
EELV Invesco S&P Emerging Markets Low Volatility ETF 19.2 29 -12 8.6 -5.4
EMMF WisdomTree Emerging Markets Multifactor Fund 18.6 48 -31 8.1 -5.9
INDA iShares MSCI India ETF 18.6 65 -48 4.4 -9.7
MCH Matthews China Active ETF 18.0 79 -62 16.3 +2.3
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 17.4 60 -43 12.7 -1.3
PIN Invesco India ETF 17.4 78 -61 4.3 -9.7
DEM WisdomTree Emerging Markets High Dividend Fund 16.6 63 -46 13.6 -0.4
FLIN Franklin FTSE India ETF 16.2 19 -2 3.9 -10.1
ACWX iShares MSCI ACWI ex U.S. ETF 15.8 34 -17 7.9 -6.1
AVES Avantis Emerging Markets Value ETF 15.5 36 -19 12.0 -2.1
JCHI JPMorgan Active China ETF 15.4 65 -48 16.5 +2.4
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 15.2 86 -69 14.1 +0.0
INDY iShares India 50 ETF 14.9 89 -72 4.6 -9.5
KTEC KraneShares Hang Seng TECH Index ETF 14.7 69 -52 21.6 +7.6
EPI WisdomTree India Earnings Fund 14.6 85 -68 4.8 -9.3
VSGX Vanguard ESG International Stock ETF 14.5 12 5 8.0 -6.1
UEVM VictoryShares Emerging Markets Value Momentum ETF 14.4 45 -28 10.8 -3.2
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 14.4 41 -24 7.8 -6.3
EWT iShares MSCI Taiwan ETF 14.3 58 -41 6.7 -7.3
FLTW Franklin FTSE Taiwan ETF 14.3 19 -2 6.9 -7.1
GXUS Goldman Sachs MarketBeta Total International Equity ETF 14.2 18 -1 8.0 -6.1
VEU Vanguard FTSE All-World ex-US Index Fund 14.2 8 9 8.3 -5.7
FDNI First Trust Dow Jones International Internet ETF 13.9 65 -48 19.9 +5.9
KWEB KraneShares CSI China Internet ETF 13.7 69 -52 28.4 +14.4
IXUS iShares Core MSCI Total International Stock ETF 13.7 7 10 8.1 -5.9
TCHI iShares MSCI China Multisector Tech ETF 13.3 59 -42 22.0 +8.0
NFTY First Trust India NIFTY 50 Equal Weight ETF 13.2 80 -63 4.9 -9.2
VXUS Vanguard Total International Stock ETF 13.1 7 10 8.2 -5.9
PATN Pacer Nasdaq International Patent Leaders ETF 12.9 65 -48 6.6 -7.5
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 11.3 88 -71 9.8 -4.2
CWI SPDR MSCI ACWI ex-US ETF 11.1 30 -13 7.9 -6.1
FEM First Trust Emerging Markets AlphaDEX Fund 11.1 80 -63 12.0 -2.0
FRDM Freedom 100 Emerging Markets ETF 10.8 49 -32 8.9 -5.1
CHAT Roundhill Generative AI & Technology ETF 10.7 75 -58 7.0 -7.0
CHIQ Global X MSCI China Consumer Discretionary ETF 10.5 65 -48 15.5 +1.5
VYMI Vanguard International High Dividend Yield ETF 10.3 22 -5 9.8 -4.2
ACWV iShares MSCI Global Min Vol Factor ETF 9.9 20 -3 5.8 -8.2
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 9.8 90 -73 8.1 -5.9
DFAX Dimensional World ex U.S. Core Equity 2 ETF 9.3 30 -13 8.3 -5.7
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 9.3 42 -25 6.8 -7.3
JIG JPMorgan International Growth ETF 9.2 55 -38 4.7 -9.3
MOTI VanEck Morningstar International Moat ETF 9.1 58 -41 12.8 -1.2
IQDF FlexShares International Quality Dividend Index Fund 9.0 47 -30 9.3 -4.8
CGRO CoreValues Alpha Greater China Growth ETF 8.8 75 -58 4.3 -9.7
IVES Wedbush ETFMG Global Cloud Technology ETF 8.1 68 -51 8.4 -5.7
WRND IQ Global Equity R&D Leaders ETF 8.1 18 -1 8.9 -5.2
IQDY FlexShares International Quality Dividend Dynamic Index Fund 8.1 47 -30 8.5 -5.5
EDIV SPDR S&P Emerging Markets Dividend ETF 8.0 49 -32 11.9 -2.2
CLNR IQ Cleaner Transport ETF 7.4 45 -28 6.9 -7.1
CGXU Capital Group International Focus Equity ETF 7.2 54 -37 5.8 -8.3
MOTG VanEck Morningstar Global Wide Moat ETF 7.1 52 -35 6.8 -7.2
IXP iShares Global Comm Services ETF 7.0 42 -25 6.3 -7.8
DVYE iShares Emerging Markets Dividend ETF 7.0 49 -32 18.7 +4.6
ANEW ProShares MSCI Transformational Changes ETF 6.9 45 -28 6.3 -7.7
KNCT Invesco Next Gen Connectivity ETF 6.7 40 -23 5.2 -8.8
FBOT Fidelity Disruptive Automation ETF 6.7 50 -33 3.9 -10.2
FMET Fidelity Metaverse ETF 6.5 39 -22 5.2 -8.8
CQQQ Invesco China Technology ETF 6.5 70 -53 19.5 +5.5
NDIA Global X India Active ETF 6.4 75 -58 4.7 -9.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 6.4 20 -3 6.0 -8.0
FLLA Franklin FTSE Latin America ETF 6.2 19 -2 13.4 -0.6
RODE Hartford Multifactor Diversified International ETF 6.2 29 -12 11.0 -3.1
EWY iShares MSCI South Korea ETF 6.1 58 -41 10.1 -4.0
RXI iShares Global Consumer Discretionary ETF 6.1 41 -24 9.1 -4.9
SOCL Global X Social Media ETF 6.0 65 -48 12.4 -1.6
GTEK Goldman Sachs Future Tech Leaders Equity ETF 5.9 75 -58 3.3 -10.8
FLKR Franklin FTSE South Korea ETF 5.8 9 8 10.6 -3.5
AIVC Amplify Bloomberg AI Value Chain ETF 5.8 59 -42 6.8 -7.3
ECOW Pacer Emerging Markets Cash Cows 100 ETF 5.7 70 -53 15.5 +1.5
ACWI iShares MSCI ACWI ETF 5.7 32 -15 5.9 -8.2
IPKW Invesco International BuyBack Achievers ETF 5.6 55 -38 14.5 +0.4
ADIV SmartETFs Asia Pacific Dividend Builder ETF 5.6 78 -61 9.8 -4.2
DEW WisdomTree Global High Dividend Fund 5.5 58 -41 8.8 -5.2
NXTG First Trust Indxx NextG ETF 5.5 70 -53 5.6 -8.4
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 5.5 12 5 5.3 -8.7
IWTR iShares MSCI Water Management Multisector ETF 5.5 47 -30 6.1 -8.0
EMM Global X Emerging Markets ex-China ETF 5.4 75 -58 6.1 -8.0
XT iShares Exponential Technologies ETF 5.4 46 -29 5.7 -8.4
KLMT Invesco MSCI Global Climate 500 ETF 5.4 10 7 6.0 -8.0
VIDI Vident International Equity Strategy ETF 5.4 61 -44 11.2 -2.8
IXN iShares Global Tech ETF 5.3 41 -24 4.2 -9.8
ESPO VanEck Video Gaming and eSports ETF 5.3 56 -39 4.4 -9.7
ODDS Pacer BlueStar Digital Entertainment ETF 5.3 60 -43 2.3 -11.8
LEGR First Trust Indxx Innovative Transaction & Process ETF 5.3 65 -48 8.2 -5.8
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 5.3 60 -43 7.1 -6.9
BNGE First Trust S-Network Streaming and Gaming ETF 5.2 70 -53 3.2 -10.8
INDF Nifty India Financials ETF 5.0 75 -58 6.4 -7.7
WWJD Inspire International ETF 5.0 80 -63 7.3 -6.7
VT Vanguard Total World Stock ETF 4.9 7 10 6.2 -7.8
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 4.9 75 -58 5.2 -8.8
METV Roundhill Ball Metaverse ETF 4.9 59 -42 7.4 -6.6
SDEM Global X MSCI SuperDividend Emerging Markets ETF 4.8 67 -50 14.0 +0.0
FCA First Trust China AlphaDEX Fund 4.7 80 -63 9.9 -4.1
IVRS iShares Future Metaverse Tech and Communications ETF 4.7 47 -30 2.9 -11.2
AGQI First Trust Active Global Quality Income ETF 4.7 85 -68 4.9 -9.1
GLOF iShares Global Equity Factor ETF 4.6 20 -3 6.9 -7.1
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 4.5 80 -63 9.8 -4.2
EZA iShares MSCI South Africa ETF 4.5 58 -41 10.3 -3.7
ARVR First Trust Indxx Metaverse ETF 4.5 70 -53 4.5 -9.5
VIGI Vanguard International Dividend Appreciation ETF 4.4 15 2 6.1 -7.9
JSTC Adasina Social Justice All Cap Global ETF 4.3 89 -72 4.5 -9.5
AIQ Global X Artificial Intelligence & Technology ETF 4.3 68 -51 4.3 -9.8
DSTX Distillate International Fundamental Stability & Value ETF 4.2 55 -38 8.3 -5.7
FILL iShares MSCI Global Energy Producers ETF 4.2 39 -22 12.7 -1.4
SCHY Schwab International Dividend Equity ETF 4.1 14 3 9.6 -4.4
IGRO iShares International Dividend Growth ETF 4.1 15 2 7.1 -6.9
BLES Inspire Global Hope ETF 4.0 61 -44 7.0 -7.0
EYLD Cambria Emerging Shareholder Yield ETF 4.0 66 -49 13.0 -1.0
FLN First Trust Latin America AlphaDEX Fund 3.9 80 -63 10.2 -3.8
AFK VanEck Africa Index ETF 3.9 98 -81 12.0 -2.1
ILF iShares Latin America 40 ETF 3.8 48 -31 13.4 -0.6
INCO Columbia India Consumer ETF 3.8 75 -58 1.8 -12.3
GGME Invesco Next Gen Media and Gaming ETF 3.6 60 -43 4.6 -9.4
SDG iShares MSCI Global Sustainable Development Goals ETF 3.5 49 -32 6.4 -7.7
GVAL Cambria Global Value ETF 3.5 68 -51 11.2 -2.8
EWZ iShares MSCI Brazil ETF 3.5 58 -41 13.7 -0.3
IBLC iShares Blockchain and Tech ETF 3.5 47 -30 -3.7 -17.7
IDRV iShares Self-driving EV & Tech ETF 3.4 47 -30 2.7 -11.4
FDRV Fidelity Electric Vehicles and Future Transportation ETF 3.3 39 -22 -1.3 -15.3
OAIM OneAscent International Equity ETF 3.3 95 -78 6.1 -7.9
FLBR Franklin FTSE Brazil ETF 3.3 19 -2 15.7 +1.7
DGT SPDR Global Dow ETF 3.2 50 -33 7.4 -6.6
KGRN KraneShares MSCI China Clean Technology Index ETF 3.1 79 -62 3.8 -10.2
ASEA Global X FTSE Southeast Asia ETF 3.0 65 -48 6.9 -7.2
ERTH Invesco MSCI Sustainable Future ETF 3.0 62 -45 3.6 -10.4
VPL Vanguard FTSE Pacific ETF 3.0 8 9 7.4 -6.6
IXG iShares Global Financials ETF 2.9 42 -25 6.8 -7.2
FLSA Franklin FTSE Saudi Arabia ETF 2.8 39 -22 0.0 -14.0
KSA iShares MSCI Saudi Arabia ETF 2.8 74 -57 0.0 -14.0
GSIB Themes Global Systemically Important Banks ETF 2.7 35 -18 10.2 -3.8
FBZ First Trust Brazil AlphaDEX Fund 2.7 80 -63 12.5 -1.6
EWW iShares MSCI Mexico ETF 2.7 50 -33 9.2 -4.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 2.7 9 8 6.1 -7.9
MOTO SmartETFs Smart Transportation & Technology ETF 2.6 68 -51 7.7 -6.3
FEOE First Eagle Overseas Equity ETF 2.4 79 -62 8.3 -5.7
FLMX Franklin FTSE Mexico ETF 2.4 19 -2 9.5 -4.6
DGIN VanEck Digital India ETF 2.4 71 -54 1.9 -12.1
BATT Amplify Lithium & Battery Technology ETF 2.4 59 -42 3.8 -10.3
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 2.3 46 -29 10.7 -3.4
LIT Global X Lithium & Battery Tech ETF 2.3 75 -58 6.5 -7.6
FDT First Trust Developed Markets ex-US AlphaDEX Fund 2.3 80 -63 10.2 -3.8
EWM iShares MSCI Malaysia ETF 2.3 50 -33 7.0 -7.0
FDCF Fidelity Disruptive Communications ETF 2.3 50 -33 3.4 -10.7
OBOR KraneShares MSCI One Belt One Road Index ETF 2.2 79 -62 8.8 -5.3
JPIN J.P. Morgan Diversified Return International Equity ETF 2.1 37 -20 8.6 -5.4
UIVM VictoryShares International Value Momentum ETF 2.1 35 -18 9.3 -4.7
SMOG VanEck Low Carbon Energy ETF 2.1 61 -44 1.6 -12.4
IBUY Amplify Online Retail ETF 2.1 65 -48 3.0 -11.0
UAE iShares MSCI UAE ETF 2.0 59 -42 0.0 -14.0
GLIN VanEck India Growth Leaders ETF 2.0 77 -60 6.2 -7.9
FID First Trust S&P International Dividend Aristocrats ETF 1.9 60 -43 8.3 -5.8
WDIV SPDR S&P Global Dividend ETF 1.9 40 -23 9.6 -4.5
DTCR Global X Data Center & Digital Infrastructure ETF 1.9 50 -33 4.7 -9.3
CARZ First Trust NASDAQ Global Auto Index Fund 1.9 70 -53 6.1 -7.9
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.9 72 -55 -0.9 -14.9
TTAI FCF International Quality ETF 1.8 59 -42 7.1 -6.9
GINN Goldman Sachs Innovate Equity ETF 1.8 52 -35 4.2 -9.8
KURE KraneShares MSCI All China Health Care Index ETF 1.8 65 -48 3.1 -10.9
COPY Tweedy, Browne Insider + Value ETF 1.8 80 -63 12.5 -1.6
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.8 49 -32 7.3 -6.8
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.8 65 -48 3.3 -10.8
JGLO JPMorgan Global Select Equity ETF 1.7 33 -16 5.2 -8.9
THD iShares MSCI Thailand ETF 1.7 58 -41 0.0 -14.0
IDAT iShares Future Cloud 5G and Tech ETF 1.7 47 -30 5.2 -8.9
SNSR Global X Internet of Things ETF 1.7 68 -51 4.8 -9.3
OND ProShares On-Demand ETF 1.7 58 -41 0.8 -13.3
HFXI IQ FTSE International Equity Currency Neutral ETF 1.6 20 -3 7.2 -6.8
FNDF Schwab Fundamental International Large Co. Index ETF 1.6 25 -8 9.8 -4.2
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 1.6 86 -69 0.3 -13.7
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.5 24 -7 7.6 -6.5
DWX SPDR S&P International Dividend ETF 1.5 45 -28 6.1 -8.0
OCEN IQ Clean Oceans ETF 1.5 45 -28 6.6 -7.5
ISHP First Trust Nasdaq Retail ETF 1.5 60 -43 6.0 -8.0
PICK iShares MSCI Global Metals & Mining Producers ETF 1.5 39 -22 14.1 +0.0
ARTY iShares Future AI & Tech ETF 1.5 47 -30 3.7 -10.4
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.5 12 5 8.2 -5.8
RCGE RockCreek Global Equality ETF 1.4 95 -78 6.4 -7.6
QTUM Defiance Quantum ETF 1.4 40 -23 6.6 -7.4
BWEB Bitwise Web3 ETF 1.4 85 -68 0.2 -13.9
IOO iShares Global 100 ETF 1.4 41 -24 5.2 -8.8
OGIG ALPS O'Shares Global Internet Giants ETF 1.4 48 -31 1.6 -12.4
KOCG FIS Knights of Columbus Global Belief ETF 1.4 75 -58 5.1 -8.9
EPOL iShares MSCI Poland ETF 1.3 59 -42 11.4 -2.7
BUYZ Franklin Disruptive Commerce ETF 1.3 50 -33 2.3 -11.7
FEGE First Eagle Global Equity ETF 1.3 79 -62 7.2 -6.8
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.3 58 -41 5.0 -9.0
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.3 61 -44 1.5 -12.6
IBAT iShares Energy Storage & Materials ETF 1.3 47 -30 5.7 -8.4
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 1.2 45 -28 9.0 -5.0
VEA Vanguard FTSE Developed Markets ETF 1.2 5 12 7.4 -6.7
ABLG Abacus FCF International Leaders ETF 1.2 59 -42 6.2 -7.8
FNDC Schwab Fundamental International Small Co. Index ETF 1.2 39 -22 6.1 -8.0
PGJ Invesco Golden Dragon China ETF 1.2 70 -53 15.0 +1.0
SCHF Schwab International Equity ETF 1.2 6 11 7.5 -6.6
WTAI WisdomTree Artificial Intelligence and Innovation Fund 1.2 45 -28 3.1 -11.0
WUGI AXS Esoterica NextG Economy ETF 1.2 75 -58 2.6 -11.4
PBD Invesco Global Clean Energy ETF 1.2 75 -58 0.5 -13.5
KXI iShares Global Consumer Staples ETF 1.2 41 -24 5.3 -8.7
FTAG First Trust Indxx Global Agriculture ETF 1.1 70 -53 8.5 -5.5
RING iShares MSCI Global Gold Miners ETF 1.1 39 -22 5.6 -8.4
CGIE Capital Group International Equity ETF 1.1 54 -37 5.0 -9.1
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 1.1 47 -30 5.7 -8.3
IDV iShares International Select Dividend ETF 1.0 51 -34 11.8 -2.3
SPDW SPDR Portfolio Developed World ex-US ETF 1.0 3 14 7.2 -6.8
UMMA Wahed Dow Jones Islamic World ETF 1.0 65 -48 5.3 -8.8
ICLN iShares Global Clean Energy ETF 1.0 41 -24 6.2 -7.9
TPIF Timothy Plan International ETF 1.0 62 -45 6.3 -7.7
EDOG ALPS Emerging Sector Dividend Dogs ETF 1.0 60 -43 10.8 -3.2
SATO Invesco Alerian Galaxy Crypto Economy ETF 0.9 61 -44 -2.3 -16.3
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.9 58 -41 9.9 -4.1
DRIV Global X Autonomous & Electric Vehicles ETF 0.9 68 -51 6.9 -7.1
GCOW Pacer Global Cash Cows Dividend ETF 0.9 60 -43 11.0 -3.0
FEUZ First Trust Eurozone AlphaDEX ETF 0.9 80 -63 9.2 -4.8
GREK Global X MSCI Greece ETF 0.9 57 -40 11.0 -3.0
KPOP KPOP and Korean Entertainment ETF 0.9 75 -58 2.5 -11.6
ETEC iShares Breakthrough Environmental Solutions ETF 0.8 47 -30 3.9 -10.2
TEMP JPMorgan Climate Change Solutions ETF 0.8 49 -32 5.9 -8.1
VEGI iShares MSCI Agriculture Producers ETF 0.8 39 -22 8.7 -5.3
CIL VictoryShares International Volatility Wtd ETF 0.8 45 -28 6.7 -7.4
CNYA iShares MSCI China A ETF 0.8 60 -43 7.2 -6.8
FEP First Trust Europe AlphaDEX Fund 0.8 80 -63 9.3 -4.8
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 0.7 65 -48 8.1 -6.0
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.7 56 -39 12.1 -1.9
ROBO ROBO Global Robotics & Automation Index ETF 0.7 95 -78 3.9 -10.2
BRAZ Global X Brazil Active ETF 0.7 75 -58 13.2 -0.8
EV Mast Global Battery Recycling & Production ETF 0.7 65 -48 10.8 -3.3
IQSI IQ Candriam International Equity ETF 0.7 15 2 6.6 -7.4
FLHK Franklin FTSE Hong Kong ETF 0.7 9 8 7.0 -7.0
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.7 65 -48 12.0 -2.1
EIDO iShares MSCI Indonesia ETF 0.7 59 -42 7.5 -6.5
IDX VanEck Indonesia Index ETF 0.7 57 -40 7.4 -6.6
QAT iShares MSCI Qatar ETF 0.7 59 -42 42.6 +28.6
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.7 10 7 8.3 -5.8
FPXI First Trust International Equity Opportunities ETF 0.7 70 -53 3.6 -10.4
SUPL ProShares Supply Chain Logistics ETF 0.6 58 -41 11.0 -3.0
GSFP Goldman Sachs Future Planet Equity ETF 0.6 75 -58 4.7 -9.3
CCNR ALPS CoreCommodity Natural Resources ETF 0.6 39 -22 12.0 -2.0
URA Global X Uranium ETF 0.6 69 -52 2.3 -11.7
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.6 45 -28 4.5 -9.5
IMFL Invesco International Developed Dynamic Multifactor ETF 0.6 34 -17 5.9 -8.1
BINV Brandes International ETF 0.6 70 -53 9.8 -4.2
CRAK VanEck Oil Refiners ETF 0.6 61 -44 15.9 +1.9
MOO VanEck Agribusiness ETF 0.5 53 -36 10.6 -3.5
INQQ India Internet & Ecommerce ETF 0.5 86 -69 1.0 -13.1
EMIF iShares Emerging Markets Infrastructure ETF 0.5 60 -43 6.8 -7.3
FFLC Fidelity Fundamental Large Cap Core ETF 0.5 38 -21 4.9 -9.2
CGDG Capital Group Dividend Growers ETF 0.5 47 -30 6.3 -7.8
CGV Conductor Global Equity Value ETF 0.5 130 -113 9.1 -4.9
ION ProShares S&P Global Core Battery Metals ETF 0.5 58 -41 12.7 -1.4
SHPP Pacer Industrials and Logistics ETF 0.5 60 -43 8.4 -5.6
EPU iShares MSCI Peru and Global Exposure ETF 0.5 59 -42 7.5 -6.5
SAGP Strategas Global Policy Opportunities ETF 0.5 65 -48 5.4 -8.6
RAYC Rayliant Quantamental China Equity ETF 0.5 80 -63 8.9 -5.1
ECH iShares MSCI Chile ETF 0.5 58 -41 8.8 -5.2
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.5 46 -29 5.4 -8.6
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 0.5 55 -38 8.3 -5.7
IGPT Invesco AI and Next Gen Software ETF 0.5 60 -43 5.0 -9.1
TUR iShares MSCI Turkey ETF 0.5 58 -41 22.7 +8.7
GSID Goldman Sachs MarketBeta International Equity ETF 0.5 20 -3 7.0 -7.0
IDOG ALPS International Sector Dividend Dogs ETF 0.4 50 -33 12.4 -1.6
JETS U.S. Global Jets ETF 0.4 60 -43 3.8 -10.2
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.4 4 13 6.5 -7.5
EATZ AdvisorShares Restaurant ETF 0.4 101 -84 6.4 -7.6
JOET Virtus Terranova US Quality Momentum ETF 0.4 29 -12 4.9 -9.2
PKW Invesco Buyback Achievers ETF 0.4 62 -45 7.8 -6.3
TMFG Motley Fool Global Opportunities ETF 0.4 85 -68 3.8 -10.2
VAMO Cambria Value & Momentum ETF 0.4 61 -44 6.8 -7.2
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.4 15 2 6.3 -7.7
LYLD Cambria Large Cap Shareholder Yield ETF 0.4 59 -42 10.1 -3.9
FDLS Inspire Fidelis Multi Factor ETF 0.4 76 -59 5.2 -8.9
OZEM Roundhill GLP-1 & Weight Loss ETF 0.4 59 -42 -0.7 -14.7
GMET VanEck Green Metals ETF 0.4 63 -46 10.4 -3.6
HAP VanEck Natural Resources ETF 0.4 50 -33 10.1 -3.9
IQRA IQ CBRE Real Assets ETF 0.4 65 -48 5.7 -8.4
BKIE BNY Mellon International Equity ETF 0.4 4 13 7.1 -6.9
IPAV Global X Infrastructure Development ex-U.S. ETF 0.4 55 -38 7.9 -6.2
CGGO Capital Group Global Growth Equity ETF 0.4 47 -30 4.9 -9.2
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.4 85 -68 10.5 -3.6
IDNA iShares Genomics Immunology and Healthcare ETF 0.4 47 -30 -2.0 -16.0
DIVI Franklin International Core Dividend Tilt Index ETF 0.4 9 8 8.1 -6.0
VGK Vanguard FTSE Europe ETF 0.4 11 6 7.3 -6.7
BOUT Innovator IBD Breakout Opportunities ETF 0.4 81 -64 3.1 -11.0
CZA Invesco Zacks Mid-Cap ETF 0.4 72 -55 6.6 -7.4
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.4 79 -62 5.7 -8.3
SPEU SPDR Portfolio Europe ETF 0.4 7 10 7.3 -6.7
FPAG FPA Global Equity ETF 0.4 49 -32 6.1 -7.9
IDHQ Invesco S&P International Developed High Quality ETF 0.4 29 -12 6.6 -7.4
RFEU First Trust Riverfront Dynamic Europe ETF 0.3 83 -66 10.4 -3.7
HERO Global X Video Games & Esports ETF 0.3 50 -33 4.2 -9.8
NERD Roundhill Video Games ETF 0.3 50 -33 3.3 -10.8
FLEE Franklin FTSE Europe ETF 0.3 9 8 7.0 -7.0
BBEU JPMorgan BetaBuilders Europe ETF 0.3 9 8 7.1 -6.9
DINT Davis Select International ETF 0.3 55 -38 8.3 -5.7
DWLD Davis Select Worldwide ETF 0.3 63 -46 7.7 -6.3
PTEC Global X PropTech ETF 0.3 50 -33 1.7 -12.4
MXI iShares Global Materials ETF 0.3 41 -24 8.0 -6.1
JHDV John Hancock U.S. High Dividend ETF 0.3 34 -17 7.0 -7.0
GII SPDR S&P Global Infrastructure ETF 0.3 40 -23 4.7 -9.4
IGF iShares Global Infrastructure ETF 0.3 41 -24 4.7 -9.3
DMAT Global X Disruptive Materials ETF 0.3 59 -42 10.6 -3.5
FDD First Trust Stoxx European Select Dividend Index Fund 0.3 58 -41 11.8 -2.3
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.3 19 -2 6.1 -7.9
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.3 80 -63 11.9 -2.2
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.3 80 -63 4.9 -9.2
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.3 80 -63 15.1 +1.1
DTAN Sparkline International Intangible Value ETF 0.3 55 -38 8.2 -5.8
CGW Invesco S&P Global Water Index ETF 0.2 57 -40 4.7 -9.4
THNR Amplify Weight Loss Drug & Treatment ETF 0.2 59 -42 6.0 -8.0
RFDI First Trust Riverfront Dynamic Developed International ETF 0.2 83 -66 9.6 -4.4
EBIZ Global X E-Commerce ETF 0.2 50 -33 4.4 -9.7
EPHE iShares MSCI Philippines ETF 0.2 59 -42 0.0 -14.0
APIE ActivePassive International Equity ETF 0.2 45 -28 7.6 -6.5
CTEC Global X CleanTech ETF 0.2 50 -33 3.1 -10.9
FYLD Cambria Foreign Shareholder Yield ETF 0.2 59 -42 12.0 -2.1
GXG Global X MSCI Colombia ETF 0.2 62 -45 17.3 +3.2
BOAT SonicShares Global Shipping ETF 0.2 69 -52 28.1 +14.1
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.2 39 -22 8.4 -5.6
VRAI Virtus Real Asset Income ETF 0.2 55 -38 10.6 -3.4
ARKF ARK Fintech Innovation ETF 0.2 75 -58 -0.4 -14.4
SDIV Global X Superdividend ETF 0.1 58 -41 42.4 +28.4
AQWA Global X Clean Water ETF 0.1 50 -33 5.0 -9.0
EXI iShares Global Industrials ETF 0.1 42 -25 4.6 -9.4
PNQI Invesco NASDAQ Internet ETF 0.1 60 -43 3.6 -10.5
COPX Global X Copper Miners ETF 0.1 65 -48 8.5 -5.6
FCLD Fidelity Cloud Computing ETF 0.1 39 -22 3.2 -10.9
SILJ ETFMG Prime Junior Silver Miners ETF 0.1 69 -52 2.4 -11.6
SETM Sprott Energy Transition Materials ETF 0.1 65 -48 4.3 -9.8
ICOP iShares Copper and Metals Mining ETF 0.1 47 -30 9.5 -4.5
AGMI Themes Silver Miners ETF 0.1 35 -18 5.9 -8.1
CUT Invesco MSCI Global Timber ETF 0.1 61 -44 10.2 -3.8
WOOD iShares Global Timber & Forestry ETF 0.1 42 -25 12.1 -1.9
TRFM AAM Transformers ETF 0.1 49 -32 1.8 -12.3
JXI iShares Global Utilities ETF 0.1 43 -26 5.9 -8.2
IXJ iShares Global Healthcare ETF 0.1 42 -25 7.2 -6.8
PIO Invesco Global Water ETF 0.1 75 -58 4.9 -9.2
SCHC Schwab International Small-Cap Equity ETF 0.1 11 6 6.9 -7.1
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 7 10 7.0 -7.0
AVRE Avantis Real Estate ETF 0.1 17 0 7.1 -7.0
REET iShares Global REIT ETF 0.1 14 3 7.5 -6.6
RWO SPDR Dow Jones Global Real Estate ETF 0.1 50 -33 7.0 -7.1
RWX SPDR Dow Jones International Real Estate ETF 0.1 59 -42 6.9 -7.1
DFGR Dimensional Global Real Estate ETF 0.1 22 -5 7.4 -6.6
AGNG Global X Aging Population ETF 0.1 50 -33 4.9 -9.1
HART IQ Healthy Hearts ETF 0.1 45 -28 6.6 -7.4
VCLN Virtus Duff & Phelps Clean Energy ETF 0.1 59 -42 5.9 -8.2
AWAY ETFMG Travel Tech ETF 0.1 76 -59 -0.1 -14.1
HEAL Global X HealthTech ETF 0.1 50 -33 -0.7 -14.7
FDHT Fidelity Digital Health ETF 0.1 39 -22 0.9 -13.1
FTRI First Trust Indxx Global Natural Resources Income ETF 0.1 70 -53 8.5 -5.6
ARKX ARK Space Exploration & Innovation ETF 0.1 75 -58 -0.4 -14.4
LUX Tema Luxury ETF 0.1 75 -58 4.5 -9.6
VYM Vanguard High Dividend Yield Index ETF 0.1 6 11 7.5 -6.6
MDEV First Trust Indxx Medical Devices ETF 0.1 70 -53 4.4 -9.6
ILIT iShares Lithium Miners and Producers ETF 0.1 47 -30 9.6 -4.5
INTF iShares International Equity Factor ETF 0.1 15 2 7.8 -6.2
SIL Global X Silver Miners ETF 0.1 65 -48 3.1 -10.9
IBRN iShares Neuroscience and Healthcare ETF 0.1 47 -30 0.0 -14.0
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.1 39 -22 6.8 -7.3
TINT ProShares Smart Materials ETF 0.0 58 -41 7.8 -6.2
GNOM Global X Genomics & Biotechnology ETF 0.0 50 -33 -4.1 -18.1
XMAG Defiance Large Cap ex-Mag 7 ETF 0.0 35 -18 5.4 -8.7
BOTT Themes Robotics & Automation ETF 0.0 35 -18 5.1 -8.9
DVYA iShares Asia/Pacific Dividend ETF 0.0 49 -32 8.8 -5.2
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 -22 7.2 -6.8
QINT American Century Quality Diversified International ETF 0.0 39 -22 7.4 -6.6
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 -25 5.6 -8.4
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 -4 4.1 -10.0
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 6 5.2 -8.9
RNRG Global X Renewable Energy Producers ETF 0.0 66 -49 5.8 -8.2
EFRA iShares Environmental Infrastructure and Industrials ETF 0.0 47 -30 5.3 -8.8
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 8 5.0 -9.0
AVSD Avantis Responsible International Equity ETF 0.0 23 -6 5.7 -8.3
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 0.0 65 -48 6.2 -7.8
CNXT VanEck ChiNext ETF 0.0 65 -48 6.3 -7.8
EBI Longview Advantage ETF 0.0 35 -18 7.0 -7.0

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

  2020 2021 2022 2023 2024 2025E 2026E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

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

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

OTHER FUNDAMENTAL METRICS

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

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2024 2025E 2026E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 iShares ESG MSCI EM Leaders ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 16.0 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 17 bp
Equals: ALTAR Score 14.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.50 CATEGORY
AVERAGE		 1.50
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.