iShares ESG MSCI EM Leaders ETF
ALTAR
Score™		 12.2% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 10.9x P/Sales
ratio		 1.5x
P/BV
ratio		 1.3x Div.
yield		 2.1%


  • 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) $33
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 421
Wgt avg mkt cap (mns) $165,247
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
TAIWAN SEMICONDUCTOR MANUFAC 5.3 %
TENCENT HOLDINGS LTD 4.9 %
ALIBABA GROUP HOLDING LTD. 4.2 %
DELTA ELECTRONICS INC 2.5 %
RELIANCE INDUSTRIES LTD 2.4 %
CHINA CONSTRUCTION BANK-H 2.4 %
HDFC BANK LIMITED 2.3 %
IND & COMM BK OF CHINA - H 1.3 %
INFOSYS TECHNOLOGIES LTD 1.3 %
ITAU UNIBANCO HOLDING SA 1.1 %
Total 27.7 %

TOP COUNTRY EXPOSURE
CHINA 25.9 %
TAIWAN 14.6 %
INDIA 14.3 %
SOUTH KOREA 7.8 %
SOUTH AFRICA 6.0 %
BRAZIL 4.6 %
MEXICO 2.7 %
HONG KONG 2.6 %
SAUDI ARABIA 2.3 %
MALAYSIA 2.3 %

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% 23.1% 1.5% -- 4.5%

Market Correlations
versus... Beta R-squared
S&P500 0.73 51%
MSCI EAFE 0.87 63%
MSCI Emg. Mkts. 0.91 89%

Technical Indicators
Recent close $60.68
30d moving avg. $58.80
Annualized volatility 17.6%
Short interest (ETF) 0.5%
Relative strength (RSI) 53

Liquidity measures
Avg. volume (thou.) 6
Turnover 1.1%
Bid/Ask (% of price) 0.36%
ADV underlying (mns) $18,285

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 451 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™: 12.2%


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
(%)
ESGE iShares ESG Aware MSCI EM ETF 46.2 25 -8 8.7 -3.5
BKF iShares MSCI BIC ETF 44.6 69 -52 13.6 +1.4
JHEM John Hancock Multifactor Emerging Markets ETF 43.6 49 -32 7.9 -4.3
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 42.2 66 -49 7.6 -4.6
PXH Invesco FTSE RAFI Emerging Markets ETF 42.1 49 -32 13.5 +1.3
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 41.8 15 2 8.4 -3.9
EEM iShares MSCI Emerging Markets ETF 41.5 69 -52 8.2 -4.0
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 41.4 15 2 9.3 -2.9
ECON Columbia Emerging Markets Consumer ETF 41.2 49 -32 7.3 -4.9
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 41.0 30 -13 8.5 -3.8
BKEM BNY Mellon Emerging Markets Equity ETF 39.5 11 6 8.3 -3.9
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 39.3 30 -13 8.0 -4.2
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 38.9 39 -22 13.7 +1.5
EEMA iShares MSCI Emerging Markets Asia ETF 38.8 49 -32 8.1 -4.1
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 38.3 36 -19 8.0 -4.2
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 38.2 45 -28 8.5 -3.8
SCHE Schwab Emerging Markets Equity ETF 37.6 11 6 9.5 -2.7
VWO Vanguard FTSE Emerging Markets ETF 37.3 7 10 9.2 -3.0
IEMG iShares Core MSCI Emerging Markets ETF 36.7 9 8 8.5 -3.7
FLAX Franklin FTSE Asia Ex Japan ETF 36.1 19 -2 7.6 -4.6
AAXJ iShares MSCI All Country Asia ex Japan ETF 36.0 70 -53 7.5 -4.7
NUEM Nuveen ESG Emerging Markets Equity ETF 35.9 36 -19 6.2 -6.0
SPEM SPDR Portfolio Emerging Markets ETF 35.5 7 10 9.6 -2.7
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 35.0 24 -7 5.7 -6.5
EMXC iShares MSCI Emerging Markets ex China ETF 34.9 25 -8 5.5 -6.7
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 34.8 32 -15 7.8 -4.4
VEXC Vanguard Emerging Markets Ex-China ETF 34.7 7 10 5.9 -6.3
XCNY SPDR S&P Emerging Markets ex-China ETF 33.3 15 2 5.9 -6.3
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 33.3 33 -16 7.1 -5.1
GMF SPDR S&P Emerging Asia Pacific ETF 33.0 49 -32 9.0 -3.2
EMGF iShares Emerging Markets Equity Factor ETF 33.0 25 -8 9.4 -2.8
STXE Strive Emerging Markets Ex-China ETF 32.9 32 -15 5.8 -6.4
DFAE Dimensional Emerging Core Equity Market ETF 32.3 35 -18 7.3 -4.9
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 31.8 20 -3 8.7 -3.5
AIA iShares Asia 50 ETF 31.7 50 -33 8.9 -3.3
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 30.5 41 -24 7.1 -5.1
XCEM Columbia EM Core ex-China ETF 30.3 16 1 5.3 -6.9
MCHI iShares MSCI China ETF 28.5 59 -42 18.9 +6.7
DFEV Dimensional Emerging Markets Value ETF 27.9 43 -26 10.1 -2.2
DFEM Dimensional Emerging Markets Core Equity 2 ETF 27.7 38 -21 7.3 -5.0
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 27.6 59 -42 8.8 -3.4
FLCH Franklin FTSE China ETF 27.3 19 -2 16.8 +4.5
GXC SPDR S & P China ETF 27.3 59 -42 17.6 +5.4
EEMO Invesco S&P Emerging Markets Momentum ETF 27.2 29 -12 7.5 -4.8
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 27.1 50 -33 8.6 -3.7
EMC Global X Emerging Markets Great Consumer ETF 26.9 75 -58 7.6 -4.7
FDEM Fidelity Emerging Markets Multifactor ETF 26.8 25 -8 10.7 -1.5
DEHP Dimensional Emerging Markets High Profitability ETF 26.8 41 -24 5.2 -7.0
EMMF WisdomTree Emerging Markets Multifactor Fund 26.1 48 -31 9.0 -3.2
AVEM Avantis Emerging Markets Equity ETF 25.9 33 -16 7.4 -4.8
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 25.4 25 -8 6.5 -5.8
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 24.8 44 -27 9.1 -3.1
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 24.6 32 -15 5.1 -7.1
FTHF First Trust Emerging Markets Human Flourishing ETF 24.6 75 -58 6.3 -5.9
RNEM First Trust Emerging Markets Equity Select ETF 24.6 75 -58 7.7 -4.6
AVSE Avantis Responsible Emerging Markets Equity ETF 23.8 33 -16 7.1 -5.2
MEM Matthews Emerging Markets Equity Active ETF 23.7 79 -62 9.0 -3.2
JADE JPMorgan Active Developing Markets Equity ETF 23.4 65 -48 6.3 -5.9
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 23.0 40 -23 6.6 -5.7
EMDM First Trust Bloomberg Emerging Market Democracies ETF 22.8 75 -58 6.6 -5.7
EVLU iShares MSCI Emerging Markets Value Factor ETF 22.4 35 -18 11.5 -0.7
ROAM Hartford Multifactor Emerging Markets ETF 22.3 44 -27 8.0 -4.2
XC WisdomTree Emerging Markets Ex-China Fund 22.0 32 -15 6.0 -6.2
MINV Matthews Asia Innovators Active ETF 21.7 79 -62 6.2 -6.1
FXI iShares China Large-Cap ETF 21.0 74 -57 19.9 +7.7
DEXC Dimensional Emerging Markets ex China Core EquityETF 20.9 53 -36 5.5 -6.7
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 20.7 88 -71 8.3 -3.9
CXSE WisdomTree China ex-State-Owned Enterprises Fund 19.8 32 -15 13.3 +1.0
AVXC Avantis Emerging Markets Ex-China Equity ETF 18.9 33 -16 6.6 -5.7
JIVE JPMorgan International Value ETF 17.7 55 -38 8.4 -3.9
EELV Invesco S&P Emerging Markets Low Volatility ETF 17.6 29 -12 8.5 -3.8
DEM WisdomTree Emerging Markets High Dividend Fund 17.6 63 -46 10.7 -1.5
MCH Matthews China Active ETF 17.5 79 -62 14.9 +2.6
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 16.7 95 -78 10.4 -1.8
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 16.3 60 -43 9.3 -2.9
AVES Avantis Emerging Markets Value ETF 16.1 36 -19 9.0 -3.2
KTEC KraneShares Hang Seng TECH Index ETF 15.8 69 -52 19.6 +7.4
ACWX iShares MSCI ACWI ex U.S. ETF 15.7 34 -17 6.4 -5.8
VSGX Vanguard ESG International Stock ETF 15.0 10 7 6.8 -5.4
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 14.9 41 -24 6.2 -6.1
EWT iShares MSCI Taiwan ETF 14.6 58 -41 4.0 -8.2
FLTW Franklin FTSE Taiwan ETF 14.6 19 -2 4.4 -7.8
UEVM VictoryShares Emerging Markets Value Momentum ETF 14.6 45 -28 9.4 -2.9
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 14.4 86 -69 12.0 -0.2
INDA iShares MSCI India ETF 14.3 65 -48 4.4 -7.8
VEU Vanguard FTSE All-World ex-US Index Fund 14.2 4 13 6.8 -5.4
GXUS Goldman Sachs MarketBeta Total International Equity ETF 14.1 18 -1 6.5 -5.8
FRDM Freedom 100 Emerging Markets ETF 14.1 49 -32 5.9 -6.3
JCHI JPMorgan Active China ETF 14.0 65 -48 15.0 +2.7
PIN Invesco India ETF 13.9 78 -61 4.7 -7.6
IXUS iShares Core MSCI Total International Stock ETF 13.7 7 10 6.7 -5.6
KWEB KraneShares CSI China Internet ETF 13.6 69 -52 22.2 +10.0
VXUS Vanguard Total International Stock ETF 13.6 5 12 6.7 -5.5
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 13.2 42 -25 4.1 -8.2
FDNI First Trust Dow Jones International Internet ETF 13.2 65 -48 23.5 +11.2
PATN Pacer Nasdaq International Patent Leaders ETF 12.7 65 -48 4.7 -7.6
EMM Global X Emerging Markets ex-China ETF 12.1 75 -58 5.2 -7.1
FRGN Horizon International Equity ETF 11.9 75 -58 8.1 -4.1
FLIN Franklin FTSE India ETF 11.8 19 -2 4.0 -8.2
JIG JPMorgan International Growth ETF 11.5 55 -38 3.6 -8.6
INDY iShares India 50 ETF 11.4 89 -72 5.0 -7.2
EPI WisdomTree India Earnings Fund 11.4 85 -68 4.9 -7.3
TCHI iShares MSCI China Multisector Tech ETF 11.3 59 -42 14.4 +2.2
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 10.9 90 -73 4.0 -8.2
NFTY First Trust India NIFTY 50 Equal Weight ETF 10.6 80 -63 4.7 -7.5
CLNR IQ Cleaner Transport ETF 10.5 45 -28 3.9 -8.3
ACWV iShares MSCI Global Min Vol Factor ETF 10.3 20 -3 5.7 -6.5
FEM First Trust Emerging Markets AlphaDEX Fund 10.0 80 -63 8.6 -3.6
VYMI Vanguard International High Dividend Yield ETF 9.5 17 0 8.0 -4.2
CHIQ Global X MSCI China Consumer Discretionary ETF 9.5 65 -48 11.8 -0.4
CWI SPDR MSCI ACWI ex-US ETF 9.5 30 -13 6.5 -5.7
CGXU Capital Group International Focus Equity ETF 9.4 54 -37 4.0 -8.2
MOTI VanEck Morningstar International Moat ETF 9.3 58 -41 9.7 -2.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 9.0 30 -13 6.4 -5.8
IQDY FlexShares International Quality Dividend Dynamic Index Fund 8.8 47 -30 7.5 -4.8
IQDF FlexShares International Quality Dividend Index Fund 8.7 47 -30 7.7 -4.5
IGRO iShares International Dividend Growth ETF 8.0 15 2 6.7 -5.5
AQLT iShares MSCI Global Quality Factor ETF 8.0 18 -1 0.0 -12.2
FLLA Franklin FTSE Latin America ETF 7.9 19 -2 9.4 -2.9
EWY iShares MSCI South Korea ETF 7.8 58 -41 4.2 -8.1
MOTG VanEck Morningstar Global Wide Moat ETF 7.6 52 -35 7.7 -4.5
WRND IQ Global Equity R&D Leaders ETF 7.6 18 -1 4.2 -8.0
FLKR Franklin FTSE South Korea ETF 7.5 9 8 5.3 -7.0
CGRO CoreValues Alpha Greater China Growth ETF 7.4 75 -58 4.5 -7.7
DVYE iShares Emerging Markets Dividend ETF 7.3 49 -32 16.8 +4.6
EYLD Cambria Emerging Shareholder Yield ETF 7.0 66 -49 9.4 -2.9
IXP iShares Global Comm Services ETF 6.9 42 -25 5.6 -6.6
FBOT Fidelity Disruptive Automation ETF 6.5 50 -33 3.1 -9.1
FLN First Trust Latin America AlphaDEX Fund 6.5 80 -63 8.9 -3.3
CQQQ Invesco China Technology ETF 6.5 70 -53 15.9 +3.7
CHAT Roundhill Generative AI & Technology ETF 6.4 75 -58 5.2 -7.0
RXI iShares Global Consumer Discretionary ETF 6.4 41 -24 8.0 -4.2
IVRS iShares Future Metaverse Tech and Communications ETF 6.3 47 -30 5.5 -6.8
CRBN iShares MSCI ACWI Low Carbon Target ETF 6.1 20 -3 5.0 -7.3
FMET Fidelity Metaverse ETF 6.0 39 -22 4.9 -7.3
EZA iShares MSCI South Africa ETF 6.0 58 -41 8.1 -4.2
ACWI iShares MSCI ACWI ETF 5.9 32 -15 4.9 -7.3
SOCL Global X Social Media ETF 5.9 65 -48 12.7 +0.5
KNCT Invesco Next Gen Connectivity ETF 5.8 40 -23 3.8 -8.4
BNGE First Trust S-Network Streaming and Gaming ETF 5.7 70 -53 3.0 -9.2
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 5.7 12 5 4.6 -7.6
DSTX Distillate International Fundamental Stability & Value ETF 5.6 55 -38 6.5 -5.7
SDEM Global X MSCI SuperDividend Emerging Markets ETF 5.6 67 -50 12.0 -0.2
METV Roundhill Ball Metaverse ETF 5.5 59 -42 8.6 -3.6
KLMT Invesco MSCI Global Climate 500 ETF 5.4 10 7 5.2 -7.0
IXN iShares Global Tech ETF 5.3 41 -24 3.3 -9.0
NXTG First Trust Indxx NextG ETF 5.3 70 -53 4.4 -7.8
WWJD Inspire International ETF 5.3 80 -63 6.2 -6.1
ADIV SmartETFs Asia Pacific Dividend Builder ETF 5.2 78 -61 10.0 -2.2
ARTY iShares Future AI & Tech ETF 5.2 47 -30 3.3 -9.0
VT Vanguard Total World Stock ETF 5.1 6 11 5.2 -7.0
ECOW Pacer Emerging Markets Cash Cows 100 ETF 5.1 70 -53 9.0 -3.2
ESPO VanEck Video Gaming and eSports ETF 5.1 56 -39 6.5 -5.8
ODDS Pacer BlueStar Digital Entertainment ETF 5.1 60 -43 4.7 -7.5
XT iShares Exponential Technologies ETF 5.1 46 -29 4.3 -7.9
DOL WisdomTree International LargeCap Dividend Fund 5.1 48 -31 5.7 -6.5
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 5.0 75 -58 3.8 -8.4
GTEK Goldman Sachs Future Tech Leaders Equity ETF 5.0 75 -58 2.3 -9.9
EDIV SPDR S&P Emerging Markets Dividend ETF 5.0 49 -32 8.9 -3.3
SCHY Schwab International Dividend Equity ETF 4.9 14 3 8.2 -4.1
VIDI Vident International Equity Strategy ETF 4.9 61 -44 8.4 -3.8
AFK VanEck Africa Index ETF 4.8 98 -81 10.3 -1.9
UIVM VictoryShares International Value Momentum ETF 4.6 35 -18 8.2 -4.1
EWZ iShares MSCI Brazil ETF 4.6 58 -41 9.0 -3.3
JSTC Adasina Social Justice All Cap Global ETF 4.5 89 -72 4.7 -7.5
GLOF iShares Global Equity Factor ETF 4.5 20 -3 5.8 -6.4
AIVC Amplify Bloomberg AI Value Chain ETF 4.4 59 -42 4.8 -7.4
LEGR First Trust Indxx Innovative Transaction & Process ETF 4.3 65 -48 7.8 -4.5
ILF iShares Latin America 40 ETF 4.3 48 -31 8.5 -3.7
FLBR Franklin FTSE Brazil ETF 4.3 19 -2 10.0 -2.2
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 4.3 80 -63 7.6 -4.7
ANEW ProShares MSCI Transformational Changes ETF 4.3 45 -28 4.7 -7.5
AGQI First Trust Active Global Quality Income ETF 4.2 85 -68 6.5 -5.7
VIGI Vanguard International Dividend Appreciation ETF 4.2 10 7 6.1 -6.1
GINN Goldman Sachs Innovate Equity ETF 4.1 52 -35 4.0 -8.2
NDIA Global X India Active ETF 4.0 75 -58 4.8 -7.4
GVAL Cambria Global Value ETF 3.8 68 -51 8.8 -3.5
IBLC iShares Blockchain and Tech ETF 3.7 47 -30 -1.4 -13.6
ARVR First Trust Indxx Metaverse ETF 3.7 70 -53 4.3 -7.9
OAIM OneAscent International Equity ETF 3.6 95 -78 4.6 -7.6
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 3.6 46 -29 7.2 -5.0
FCA First Trust China AlphaDEX Fund 3.5 80 -63 6.8 -5.4
OGIG ALPS O'Shares Global Internet Giants ETF 3.4 48 -31 2.8 -9.4
JGLO JPMorgan Global Select Equity ETF 3.4 33 -16 4.4 -7.9
BLES Inspire Global Hope ETF 3.4 61 -44 5.9 -6.4
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 3.3 68 -51 0.7 -11.5
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 3.3 60 -43 6.4 -5.9
OBOR KraneShares MSCI One Belt One Road Index ETF 3.3 79 -62 6.9 -5.3
PICK iShares MSCI Global Metals & Mining Producers ETF 3.1 39 -22 8.0 -4.3
VPL Vanguard FTSE Pacific ETF 3.1 7 10 5.5 -6.7
INCO Columbia India Consumer ETF 3.1 75 -58 2.0 -10.2
IXG iShares Global Financials ETF 3.1 42 -25 6.4 -5.9
IBAT iShares Energy Storage & Materials ETF 3.1 47 -30 1.8 -10.5
OCEN IQ Clean Oceans ETF 3.0 45 -28 4.5 -7.7
BUYZ Franklin Disruptive Commerce ETF 3.0 50 -33 2.4 -9.8
SDG iShares MSCI Global Sustainable Development Goals ETF 2.9 49 -32 4.6 -7.7
FDT First Trust Developed Markets ex-US AlphaDEX Fund 2.9 80 -63 6.7 -5.5
GSIB Themes Global Systemically Important Banks ETF 2.9 35 -18 8.8 -3.4
PBD Invesco Global Clean Energy ETF 2.8 75 -58 0.3 -12.0
JPIN J.P. Morgan Diversified Return International Equity ETF 2.7 37 -20 7.0 -5.2
AIQ Global X Artificial Intelligence & Technology ETF 2.7 68 -51 3.4 -8.8
EWW iShares MSCI Mexico ETF 2.6 50 -33 7.8 -4.5
FLMX Franklin FTSE Mexico ETF 2.6 19 -2 8.2 -4.0
FDRV Fidelity Electric Vehicles and Future Transportation ETF 2.6 39 -22 1.1 -11.1
IDRV iShares Self-driving EV & Tech ETF 2.6 47 -30 1.3 -11.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 2.6 9 8 5.1 -7.2
DGT State Street SPDR Global Dow ETF 2.5 50 -33 5.9 -6.4
POW VistaShares Electrification Supercycle ETF 2.5 75 -58 2.2 -10.0
DWX SPDR S&P International Dividend ETF 2.4 45 -28 6.6 -5.6
BAI iShares AI Innovation and Tech Active ETF 2.4 55 -38 1.2 -11.0
CARZ First Trust NASDAQ Global Auto Index Fund 2.4 70 -53 2.9 -9.3
IBUY Amplify Online Retail ETF 2.4 65 -48 2.3 -9.9
ASEA Global X FTSE Southeast Asia ETF 2.4 65 -48 5.4 -6.8
ERTH Invesco MSCI Sustainable Future ETF 2.4 62 -45 3.0 -9.2
KGRN KraneShares MSCI China Clean Technology Index ETF 2.4 79 -62 2.9 -9.4
FDCF Fidelity Disruptive Communications ETF 2.3 50 -33 2.0 -10.2
FLSA Franklin FTSE Saudi Arabia ETF 2.3 39 -22 0.0 -12.2
KSA iShares MSCI Saudi Arabia ETF 2.3 74 -57 0.0 -12.2
EWM iShares MSCI Malaysia ETF 2.3 50 -33 6.3 -6.0
DRIV Global X Autonomous & Electric Vehicles ETF 2.2 68 -51 3.5 -8.7
DTCR Global X Data Center & Digital Infrastructure ETF 2.2 50 -33 3.8 -8.5
FEOE First Eagle Overseas Equity ETF 2.2 79 -62 6.2 -6.1
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 2.1 24 -7 6.8 -5.5
GEW Cambria Global EW ETF 2.1 29 -12 5.5 -6.7
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 2.1 72 -55 2.1 -10.1
AGIX KraneShares Artificial Intelligence and Technology ETF 2.1 99 -82 1.5 -10.7
DEW WisdomTree Global High Dividend Fund 1.9 58 -41 7.3 -5.0
UAE iShares MSCI UAE ETF 1.9 59 -42 0.0 -12.2
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.9 65 -48 1.7 -10.5
MOTO SmartETFs Smart Transportation & Technology ETF 1.9 68 -51 5.7 -6.5
OTGL OTG Latin America ETF 1.9 269 -252 6.9 -5.3
BATT Amplify Lithium & Battery Technology ETF 1.8 59 -42 1.8 -10.4
KURE KraneShares MSCI All China Health Care Index ETF 1.8 65 -48 2.5 -9.7
EPOL iShares MSCI Poland ETF 1.8 59 -42 8.9 -3.3
CIL VictoryShares International Volatility Wtd ETF 1.8 45 -28 5.8 -6.5
FNDF Schwab Fundamental International Large Co. Index ETF 1.7 25 -8 7.5 -4.7
COPY Tweedy, Browne Insider + Value ETF 1.7 80 -63 15.3 +3.1
FEGE First Eagle Global Equity ETF 1.7 79 -62 6.1 -6.1
ICPY Tweedy, Browne International Insider Value ETF 1.7 80 -63 21.9 +9.7
HFXI IQ FTSE International Equity Currency Neutral ETF 1.7 20 -3 5.8 -6.5
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.6 45 -28 -0.9 -13.2
TPIF Timothy Plan International ETF 1.6 62 -45 5.5 -6.8
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 1.6 47 -30 4.9 -7.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 1.6 45 -28 6.9 -5.3
RCGE RockCreek Global Equality ETF 1.6 95 -78 6.1 -6.1
TTAI FCF International Quality ETF 1.6 59 -42 6.6 -5.6
SMOG VanEck Low Carbon Energy ETF 1.5 61 -44 1.2 -11.0
RING iShares MSCI Global Gold Miners ETF 1.5 39 -22 2.9 -9.4
FID First Trust S&P International Dividend Aristocrats ETF 1.5 60 -43 7.9 -4.4
WDIV SPDR S&P Global Dividend ETF 1.5 40 -23 9.2 -3.1
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.5 49 -32 6.0 -6.2
LIT Global X Lithium & Battery Tech ETF 1.4 75 -58 5.0 -7.3
IPKW Invesco International BuyBack Achievers ETF 1.4 55 -38 8.0 -4.2
BRAZ Global X Brazil Active ETF 1.4 75 -58 8.6 -3.6
ION ProShares S&P Global Core Battery Metals ETF 1.4 58 -41 5.1 -7.1
BWEB Bitwise Web3 ETF 1.4 85 -68 -0.0 -12.3
SCHF Schwab International Equity ETF 1.4 6 11 6.1 -6.2
VEA Vanguard FTSE Developed Markets ETF 1.4 3 14 6.0 -6.2
GGME Invesco Next Gen Media and Gaming ETF 1.4 60 -43 5.1 -7.1
GMET VanEck Green Metals ETF 1.3 63 -46 0.4 -11.9
ROBO ROBO Global Robotics & Automation Index ETF 1.3 95 -78 2.7 -9.6
XDAT Franklin Exponential Data ETF 1.3 50 -33 1.4 -10.8
KOCG FIS Knights of Columbus Global Belief ETF 1.2 75 -58 4.4 -7.9
WUGI AXS Esoterica NextG Economy ETF 1.2 75 -58 1.8 -10.5
OND ProShares On-Demand ETF 1.2 58 -41 0.5 -11.7
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.2 12 5 8.2 -4.0
ICOW Pacer Developed Markets International Cash Cows 100 ETF 1.2 65 -48 7.7 -4.5
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.2 58 -41 3.5 -8.7
ISHP First Trust Nasdaq Retail ETF 1.2 60 -43 5.3 -6.9
FTAG First Trust Indxx Global Agriculture ETF 1.2 70 -53 6.7 -5.5
FPXI First Trust International Equity Opportunities ETF 1.2 70 -53 4.0 -8.3
SPDW SPDR Portfolio Developed World ex-US ETF 1.2 3 14 5.9 -6.3
FNDC Schwab Fundamental International Small Co. Index ETF 1.1 39 -22 6.7 -5.5
URA Global X Uranium ETF 1.1 69 -52 0.7 -11.5
THD iShares MSCI Thailand ETF 1.1 58 -41 0.0 -12.2
IOO iShares Global 100 ETF 1.1 41 -24 4.1 -8.2
ICLN iShares Global Clean Energy ETF 1.1 41 -24 1.9 -10.3
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 1.0 86 -69 0.2 -12.0
CRAK VanEck Oil Refiners ETF 1.0 61 -44 9.3 -2.9
WTAI WisdomTree Artificial Intelligence and Innovation Fund 1.0 45 -28 2.6 -9.7
KXI iShares Global Consumer Staples ETF 1.0 41 -24 5.2 -7.0
CGIE Capital Group International Equity ETF 1.0 54 -37 4.6 -7.7
UMMA Wahed Dow Jones Islamic World ETF 0.9 65 -48 3.9 -8.4
ETEC iShares Breakthrough Environmental Solutions ETF 0.9 47 -30 2.8 -9.4
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.9 80 -63 3.4 -8.8
HAP VanEck Natural Resources ETF 0.9 50 -33 6.4 -5.8
EPU iShares MSCI Peru and Global Exposure ETF 0.9 59 -42 4.3 -8.0
CNYA iShares MSCI China A ETF 0.9 60 -43 6.4 -5.8
IMFL Invesco International Developed Dynamic Multifactor ETF 0.8 34 -17 5.2 -7.0
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 0.8 65 -48 6.3 -6.0
SRVR Pacer Data & Infrastructure Real Estate ETF 0.8 55 -38 3.7 -8.5
GLIN VanEck India Growth Leaders ETF 0.8 77 -60 5.3 -6.9
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.8 10 7 8.1 -4.1
CGV Conductor Global Equity Value ETF 0.8 130 -113 7.4 -4.8
EDOG ALPS Emerging Sector Dividend Dogs ETF 0.8 60 -43 9.8 -2.4
IPAV Global X Infrastructure Development ex-U.S. ETF 0.7 55 -38 5.7 -6.6
CCNR ALPS CoreCommodity Natural Resources ETF 0.7 39 -22 7.9 -4.4
IQSI IQ Candriam International Equity ETF 0.7 15 2 5.6 -6.6
EV Mast Global Battery Recycling & Production ETF 0.7 65 -48 6.3 -6.0
TNUK Tortoise Nuclear Renaissance ETF 0.7 75 -58 0.7 -11.5
GCOW Pacer Global Cash Cows Dividend ETF 0.7 60 -43 9.0 -3.2
FFTY Innovator IBD 50 ETF 0.7 80 -63 0.0 -12.2
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 0.7 58 -41 7.2 -5.0
QAT iShares MSCI Qatar ETF 0.7 59 -42 40.8 +28.5
VEGI iShares MSCI Agriculture Producers ETF 0.7 39 -22 7.2 -5.0
ECH iShares MSCI Chile ETF 0.7 58 -41 7.0 -5.3
VCLN Virtus Duff & Phelps Clean Energy ETF 0.6 59 -42 2.5 -9.7
EXI iShares Global Industrials ETF 0.6 42 -25 3.5 -8.7
OZEM Roundhill GLP-1 & Weight Loss ETF 0.6 59 -42 5.2 -7.0
THNR Amplify Weight Loss Drug & Treatment ETF 0.6 59 -42 5.7 -6.5
IDOG ALPS International Sector Dividend Dogs ETF 0.6 50 -33 9.1 -3.1
IGPT Invesco AI and Next Gen Software ETF 0.6 60 -43 3.5 -8.8
GREK Global X MSCI Greece ETF 0.6 57 -40 9.4 -2.8
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.6 70 -53 3.9 -8.3
TUR iShares MSCI Turkey ETF 0.6 58 -41 11.7 -0.5
CZA Invesco Zacks Mid-Cap ETF 0.5 72 -55 6.0 -6.2
FFND Future Fund Active ETF 0.5 100 -83 4.5 -7.8
JHDV John Hancock U.S. High Dividend ETF 0.5 34 -17 6.4 -5.9
FDLS Inspire Fidelis Multi Factor ETF 0.5 76 -59 3.3 -8.9
FPAG FPA Global Equity ETF 0.5 49 -32 6.0 -6.2
BINV Brandes International ETF 0.5 70 -53 8.4 -3.8
GSID Goldman Sachs MarketBeta International Equity ETF 0.5 20 -3 5.9 -6.4
SHPP Pacer Industrials and Logistics ETF 0.5 60 -43 7.1 -5.2
CGW Invesco S&P Global Water Index ETF 0.5 57 -40 4.2 -8.0
VGK Vanguard FTSE Europe ETF 0.5 6 11 6.5 -5.7
DIVI Franklin International Core Dividend Tilt Index ETF 0.5 9 8 6.6 -5.6
EMIF iShares Emerging Markets Infrastructure ETF 0.5 60 -43 2.5 -9.7
COLO Global X MSCI Colombia ETF 0.5 62 -45 15.5 +3.2
FDD First Trust Stoxx European Select Dividend Index Fund 0.5 58 -41 9.9 -2.3
SPEU SPDR Portfolio Europe ETF 0.5 7 10 6.4 -5.8
JXI iShares Global Utilities ETF 0.5 43 -26 4.8 -7.4
BKIE BNY Mellon International Equity ETF 0.5 4 13 6.0 -6.2
PGJ Invesco Golden Dragon China ETF 0.5 70 -53 13.9 +1.7
IDHQ Invesco S&P International Developed High Quality ETF 0.5 29 -12 5.5 -6.7
ABLG Abacus FCF International Leaders ETF 0.5 59 -42 6.2 -6.0
FLEE Franklin FTSE Europe ETF 0.5 9 8 6.2 -6.0
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.4 46 -29 4.9 -7.3
BBEU JPMorgan BetaBuilders Europe ETF 0.4 9 8 6.2 -6.1
PIO Invesco Global Water ETF 0.4 75 -58 4.1 -8.1
SUPL ProShares Supply Chain Logistics ETF 0.4 58 -41 7.8 -4.4
IQRA IQ CBRE Real Assets ETF 0.4 65 -48 5.7 -6.5
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 0.4 55 -38 6.6 -5.7
SILJ ETFMG Prime Junior Silver Miners ETF 0.4 69 -52 0.3 -11.9
SETM Sprott Energy Transition Materials ETF 0.4 65 -48 1.5 -10.7
MXI iShares Global Materials ETF 0.4 41 -24 5.7 -6.5
DRGN Themes China Generative Artificial Intelligence ETF 0.4 39 -22 10.1 -2.2
IQM Franklin Intelligent Machines ETF 0.4 50 -33 1.2 -11.0
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.4 42 -25 7.6 -4.6
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.4 58 -41 8.4 -3.9
NUKZ Range Nuclear Renaissance Index ETF 0.4 85 -68 1.3 -11.0
EFRA iShares Environmental Infrastructure and Industrials ETF 0.4 47 -30 4.7 -7.5
ICOP iShares Copper and Metals Mining ETF 0.4 47 -30 5.4 -6.8
JETS U.S. Global Jets ETF 0.4 60 -43 2.7 -9.5
APIE ActivePassive International Equity ETF 0.4 45 -28 6.4 -5.8
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.4 19 -2 5.2 -7.0
BMED Future Health ETF 0.4 85 -68 1.2 -11.0
SAGP Strategas Global Policy Opportunities ETF 0.4 65 -48 4.8 -7.4
SDIV Global X Superdividend ETF 0.3 58 -41 13.0 +0.8
EBIZ Global X E-Commerce ETF 0.3 50 -33 4.7 -7.5
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.3 80 -63 11.3 -1.0
GNR SPDR S&P Global Natural Resources ETF 0.3 40 -23 8.0 -4.2
FTRI First Trust Indxx Global Natural Resources Income ETF 0.3 70 -53 6.0 -6.2
COPX Global X Copper Miners ETF 0.3 65 -48 4.1 -8.2
AGMI Themes Silver Miners ETF 0.3 35 -18 3.6 -8.7
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.3 79 -62 3.9 -8.4
TINT ProShares Smart Materials ETF 0.3 58 -41 5.6 -6.6
TINY ProShares Nanotechnology ETF 0.3 58 -41 1.5 -10.7
MOO VanEck Agribusiness ETF 0.3 53 -36 8.4 -3.8
GDX VanEck Gold Miners ETF 0.3 51 -34 2.4 -9.9
FDHT Fidelity Digital Health ETF 0.2 39 -22 1.7 -10.5
HTEC ROBO Global Healthcare Technology and Innovation ETF 0.2 68 -51 2.6 -9.6
BOTT Themes Robotics & Automation ETF 0.2 35 -18 -4.2 -16.5
BEDZ AdvisorShares Hotel ETF 0.2 100 -83 5.5 -6.7
GII SPDR S&P Global Infrastructure ETF 0.2 40 -23 4.1 -8.2
IGF iShares Global Infrastructure ETF 0.2 41 -24 4.1 -8.2
EIDO iShares MSCI Indonesia ETF 0.2 59 -42 8.2 -4.1
IDX VanEck Indonesia Index ETF 0.2 57 -40 7.4 -4.8
HERO Global X Video Games & Esports ETF 0.2 50 -33 5.8 -6.5
DTAN Sparkline International Intangible Value ETF 0.2 55 -38 7.3 -5.0
AVRE Avantis Real Estate ETF 0.2 17 0 6.8 -5.4
REET iShares Global REIT ETF 0.2 14 3 7.1 -5.1
RWO SPDR Dow Jones Global Real Estate ETF 0.2 50 -33 6.4 -5.8
RWX SPDR Dow Jones International Real Estate ETF 0.2 59 -42 6.9 -5.3
DFGR Dimensional Global Real Estate ETF 0.2 22 -5 7.1 -5.1
INTF iShares International Equity Factor ETF 0.2 15 2 6.4 -5.8
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.2 39 -22 7.0 -5.3
ARKF ARK Fintech Innovation ETF 0.2 75 -58 0.3 -11.9
IPOS Renaissance International IPO ETF 0.2 80 -63 0.0 -12.2
NERD Roundhill Video Games ETF 0.2 50 -33 7.7 -4.5
AGNG Global X Aging Population ETF 0.2 50 -33 4.1 -8.1
SLX VanEck Steel ETF 0.2 56 -39 10.9 -1.3
EPHE iShares MSCI Philippines ETF 0.2 59 -42 0.0 -12.2
VRAI Virtus Real Asset Income ETF 0.2 55 -38 8.4 -3.9
SHLD Global X Defense Tech ETF 0.2 50 -33 2.6 -9.7
MDEV First Trust Indxx Medical Devices ETF 0.1 70 -53 4.8 -7.4
AADR AdvisorShares Dorsey Wright ADR ETF 0.1 110 -93 2.8 -9.5
GDXJ VanEck Junior Gold Miners ETF 0.1 52 -35 2.3 -9.9
SIL Global X Silver Miners ETF 0.1 65 -48 1.4 -10.8
COPA Themes Copper Miners ETF 0.1 35 -18 3.2 -9.1
AUAU Global X Gold Miners ETF 0.1 35 -18 2.1 -10.1
DGIN VanEck Digital India ETF 0.1 71 -54 1.5 -10.7
INQQ India Internet & Ecommerce ETF 0.1 86 -69 0.6 -11.6
BOAT SonicShares Global Shipping ETF 0.1 69 -52 21.2 +9.0
RFDI First Trust Riverfront Dynamic Developed International ETF 0.1 83 -66 7.6 -4.6
HUMN Roundhill Humanoid Robotics ETF 0.1 75 -58 1.4 -10.9
FCLD Fidelity Cloud Computing ETF 0.1 39 -22 4.2 -8.0
SCHC Schwab International Small-Cap Equity ETF 0.1 11 6 6.5 -5.7
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 8 9 6.3 -6.0
GPT Intelligent Alpha Atlas ETF 0.1 69 -52 6.2 -6.0
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.1 39 -22 6.1 -6.1
IXJ iShares Global Healthcare ETF 0.1 42 -25 6.2 -6.0
PNQI Invesco NASDAQ Internet ETF 0.1 60 -43 3.9 -8.3
TIIV AAM Todd International Intrinsic Value ETF 0.1 54 -37 9.6 -2.6
VYM Vanguard High Dividend Yield Index ETF 0.1 6 11 6.2 -6.0
CUT Invesco MSCI Global Timber ETF 0.1 61 -44 8.0 -4.2
WOOD iShares Global Timber & Forestry ETF 0.1 42 -25 10.8 -1.4
VGSR Vert Global Sustainable Real Estate ETF 0.1 47 -30 7.2 -5.0
ARKX ARK Space Exploration & Innovation ETF 0.1 75 -58 0.0 -12.2
HEAL Global X HealthTech ETF 0.1 50 -33 -1.5 -13.8
FEP First Trust Europe AlphaDEX Fund 0.1 80 -63 6.7 -5.5
FEUZ First Trust Eurozone AlphaDEX ETF 0.1 80 -63 6.4 -5.8
AWAY ETFMG Travel Tech ETF 0.1 76 -59 1.2 -11.1
INEQ Columbia International Equity Income ETF 0.1 45 -28 7.5 -4.7
IDMO Invesco S&P International Developed Momentum ETF 0.1 25 -8 5.1 -7.1
FYLD Cambria Foreign Shareholder Yield ETF 0.1 59 -42 10.1 -2.2
DIM WisdomTree International MidCap Dividend Fund 0.1 58 -41 6.1 -6.1
DTH WisdomTree International High Dividend Fund 0.1 58 -41 7.1 -5.1
DVYA iShares Asia/Pacific Dividend ETF 0.1 49 -32 6.8 -5.4
QINT American Century Quality Diversified International ETF 0.1 39 -22 6.6 -5.7
RNRG Global X Renewable Energy Producers ETF 0.1 66 -49 4.2 -8.0
GNOM Global X Genomics & Biotechnology ETF 0.0 50 -33 -2.9 -15.1
IBRN iShares Neuroscience and Healthcare ETF 0.0 47 -30 0.0 -12.2
XMAG Defiance Large Cap ex-Mag 7 ETF 0.0 35 -18 4.6 -7.6
DFIV Dimensional International Value ETF 0.0 27 -10 7.7 -4.5
CGDG Capital Group Dividend Growers ETF 0.0 47 -30 5.1 -7.1
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 8 4.4 -7.8
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.0 40 -23 5.6 -6.6
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 -4 3.1 -9.1
AVDE Avantis International Equity ETF 0.0 23 -6 6.1 -6.1
DWM WisdomTree International Equity Fund 0.0 48 -31 5.6 -6.7
AVSD Avantis Responsible International Equity ETF 0.0 23 -6 6.0 -6.3
DFAI Dimensional International Core Equity Market ETF 0.0 18 -1 6.0 -6.2
DXIV Dimensional International Vector Equity ETF 0.0 34 -17 6.5 -5.7
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.0 35 -18 5.7 -6.6
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 -25 4.4 -7.9
PRF Invesco FTSE RAFI US 1000 ETF 0.0 34 -17 6.0 -6.3
DFIC Dimensional International Core Equity 2 ETF 0.0 23 -6 6.2 -6.1
CNXT VanEck ChiNext ETF 0.0 65 -48 2.9 -9.3
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 0.0 65 -48 4.5 -7.7
DIHP Dimensional International High Profitability ETF 0.0 29 -12 5.7 -6.6
EWX SPDR S&P Emerging Markets Small Cap ETF 0.0 65 -48 6.6 -5.6

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 1.3 x
Less: Expense ratio 17 bp
Equals: ALTAR Score 12.2 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

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