Matthews Asia Innovators Active ETF
ALTAR
Score™		 5.9% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 19.9x P/Sales
ratio		 4.8x
P/BV
ratio		 3.8x Div.
yield		 0.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
MINV is actively managed to hold stocks of innovative companies in Asia. Holdings are fundamentally screened for sustainable growth.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Matthews International Capital Management
Website www.matthewsasia.com/funds/etfs/asia-innovators-active-etf/
Inception date Jul 13, 2022
Assets (mns) $160
Currency USD
Expense ratio 79 bp
Distributions Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 74
Wgt avg mkt cap (mns) $321,978
Large cap (>$10bn) 89.7%
Mid cap ($2-10bn) 10.4%
Small cap (<$2bn) 0.0%
Developed mkts 15.1%
Emerging mkts 85.0%

TOP TEN HOLDINGS
SAMSUNG ELECTRONICS CO LTD 7.3 %
DELTA ELECTRONICS INC 3.3 %
MTAR TECHNOLOGIES LTD 3.1 %
RELIANCE INDS-SPONS GDR 144A 2.8 %
MONTAGE TECHNOLOGY CO LTD ORDINARY 2.8 %
KAORI HEAT TREATMENT CO., LTD. 2.8 %
SAMSUNG ELECTRO-MECHANICS CO 2.7 %
BEIJING SEVENSTAR ELECTRONICS CO., 2.7 %
WISTRON NEWEB CORP 2.6 %
UNIMICRON TECHNOLOGY CORP 2.4 %
Total 32.4 %

TOP COUNTRY EXPOSURE
TAIWAN 33.9 %
CHINA 22.3 %
SOUTH KOREA 17.4 %
INDIA 4.1 %
JAPAN 1.9 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
39.4% 47.3% -- -- 18.6%

Market Correlations
versus... Beta R-squared
S&P500 1.78 51%
MSCI EAFE 1.43 49%
MSCI Emg. Mkts. 1.18 85%

Technical Indicators
Recent close $47.66
30d moving avg. $49.70
Annualized volatility 20.6%
Short interest (ETF) 0.1%
Relative strength (RSI) 51

Liquidity measures
Avg. volume (thou.) 6
Turnover 0.2%
Bid/Ask (% of price) 0.29%
ADV underlying (mns) $8,419

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 413 potential alternatives to the Matthews Asia Innovators Active ETF ETF based on the alternatives' overlap in portfolio holdings with MINV. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: MINV Expense: 79 bp ALTAR Score™: 5.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH MINV
Ticker Fund
Name		 Overlap1
vs MINV
(%)		 Expense
ratio
(bp)		 Savings
vs MINV
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs MINV
(%)
JADE JPMorgan Active Developing Markets Equity ETF 26.8 65 14 6.0 +0.1
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 26.8 33 46 6.8 +0.9
FLAX Franklin FTSE Asia Ex Japan ETF 26.0 19 60 7.2 +1.2
JHEM John Hancock Multifactor Emerging Markets ETF 25.5 49 30 7.5 +1.6
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 25.2 15 64 8.1 +2.2
BKEM BNY Mellon Emerging Markets Equity ETF 24.8 11 68 24.5 +18.6
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 24.7 36 43 7.6 +1.7
EMM Global X Emerging Markets ex-China ETF 24.7 75 4 4.7 -1.2
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 24.6 66 13 7.5 +1.6
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 24.4 32 47 7.6 +1.7
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 23.6 24 55 5.2 -0.8
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 23.0 45 34 8.1 +2.2
AAXJ iShares MSCI All Country Asia ex Japan ETF 22.9 70 9 7.0 +1.0
EEMA iShares MSCI Emerging Markets Asia ETF 22.5 49 30 7.5 +1.6
EMMF WisdomTree Emerging Markets Multifactor Fund 22.4 48 31 8.6 +2.7
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 22.4 30 49 8.0 +2.1
AIA iShares Asia 50 ETF 22.3 50 29 7.7 +1.8
ECON Columbia Emerging Markets Consumer ETF 22.1 49 30 6.5 +0.6
EMGF iShares Emerging Markets Equity Factor ETF 22.1 25 54 8.9 +3.0
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 21.8 69 10 7.8 +1.9
EEM iShares MSCI Emerging Markets ETF 21.7 69 10 7.9 +2.0
XCEM Columbia EM Core ex-China ETF 21.7 16 63 5.0 -1.0
EMC Global X Emerging Markets Great Consumer ETF 21.5 75 4 7.3 +1.3
ESGE iShares ESG Aware MSCI EM ETF 21.4 25 54 8.2 +2.3
EEMO Invesco S&P Emerging Markets Momentum ETF 21.3 29 50 6.6 +0.7
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 20.9 88 -9 8.5 +2.6
IEMG iShares Core MSCI Emerging Markets ETF 20.1 9 70 8.3 +2.3
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 19.9 15 64 9.0 +3.1
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 19.8 32 47 4.7 -1.2
STXE Strive Emerging Markets Ex-China ETF 19.7 32 47 5.2 -0.7
EMXC iShares MSCI Emerging Markets ex China ETF 19.5 25 54 5.1 -0.8
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 19.5 59 20 8.5 +2.6
PATN Pacer Nasdaq International Patent Leaders ETF 19.4 65 14 4.2 -1.7
FTHF First Trust Emerging Markets Human Flourishing ETF 19.3 75 4 5.5 -0.4
FDEM Fidelity Emerging Markets Multifactor ETF 19.0 25 54 10.5 +4.5
FLTW Franklin FTSE Taiwan ETF 19.0 19 60 3.2 -2.7
DEHP Dimensional Emerging Markets High Profitability ETF 18.7 41 38 4.9 -1.0
FRDM Freedom 100 Emerging Markets ETF 18.4 49 30 5.4 -0.5
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 18.4 40 39 6.2 +0.3
DFAE Dimensional Emerging Core Equity Market ETF 18.4 35 44 7.0 +1.1
EWT iShares MSCI Taiwan ETF 17.8 58 21 2.8 -3.1
ROAM Hartford Multifactor Emerging Markets ETF 17.0 44 35 7.4 +1.5
EMDM First Trust Bloomberg Emerging Market Democracies ETF 16.8 75 4 6.2 +0.3
JIG JPMorgan International Growth ETF 16.1 55 24 3.7 -2.2
DFEM Dimensional Emerging Markets Core Equity 2 ETF 15.9 38 41 7.0 +1.1
EWY iShares MSCI South Korea ETF 15.8 58 21 3.4 -2.5
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 15.4 30 49 7.4 +1.5
FLKR Franklin FTSE South Korea ETF 15.4 9 70 4.2 -1.7
GMF SPDR S&P Emerging Asia Pacific ETF 15.1 49 30 8.7 +2.7
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 15.0 50 29 8.1 +2.2
GTEK Goldman Sachs Future Tech Leaders Equity ETF 14.9 75 4 2.0 -3.9
EMXF iShares ESG Advanced MSCI EM ETF 14.7 16 63 6.6 +0.7
PXH Invesco FTSE RAFI Emerging Markets ETF 14.5 49 30 13.1 +7.2
LDEM iShares ESG MSCI EM Leaders ETF 14.4 17 62 12.8 +6.9
AVEM Avantis Emerging Markets Equity ETF 14.4 33 46 7.0 +1.1
DEXC Dimensional Emerging Markets ex China Core EquityETF 14.2 53 26 5.1 -0.8
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 14.2 41 38 6.9 +1.0
AVSE Avantis Responsible Emerging Markets Equity ETF 14.1 33 46 6.7 +0.8
KNCT Invesco Next Gen Connectivity ETF 13.3 40 39 3.0 -2.9
NUEM Nuveen ESG Emerging Markets Equity ETF 13.2 36 43 5.9 -0.0
JCHI JPMorgan Active China ETF 12.9 65 14 16.1 +10.2
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 12.8 25 54 6.0 +0.1
VWO Vanguard FTSE Emerging Markets ETF 12.3 7 72 9.2 +3.3
SCHE Schwab Emerging Markets Equity ETF 12.2 11 68 9.4 +3.5
CGXU Capital Group International Focus Equity ETF 12.1 54 25 3.8 -2.1
SPEM SPDR Portfolio Emerging Markets ETF 12.0 7 72 9.5 +3.6
BAI iShares AI Innovation and Tech Active ETF 12.0 55 24 1.1 -4.8
AIVC Amplify Bloomberg AI Value Chain ETF 11.6 59 20 3.7 -2.3
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 11.5 90 -11 3.5 -2.4
AIS VistaShares Artificial Intelligence Supercycle ETF 11.2 75 4 1.1 -4.8
UMMA Wahed Dow Jones Islamic World ETF 11.0 65 14 3.7 -2.2
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 10.9 39 40 13.2 +7.3
GXUS Goldman Sachs MarketBeta Total International Equity ETF 10.9 18 61 6.3 +0.3
CHAT Roundhill Generative AI & Technology ETF 10.9 75 4 4.5 -1.4
VPL Vanguard FTSE Pacific ETF 10.9 7 72 5.1 -0.9
MCH Matthews China Active ETF 10.8 79 0 15.3 +9.4
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 10.6 95 -16 9.6 +3.7
VSGX Vanguard ESG International Stock ETF 10.1 10 69 6.5 +0.6
ACWX iShares MSCI ACWI ex U.S. ETF 10.0 34 45 6.3 +0.4
TCHI iShares MSCI China Multisector Tech ETF 10.0 59 20 15.7 +9.8
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 10.0 41 38 6.0 +0.1
CXSE WisdomTree China ex-State-Owned Enterprises Fund 9.9 32 47 15.4 +9.4
AVXC Avantis Emerging Markets Ex-China Equity ETF 9.8 33 46 6.1 +0.2
DFEV Dimensional Emerging Markets Value ETF 9.7 43 36 9.2 +3.3
VEU Vanguard FTSE All-World ex-US Index Fund 9.6 4 75 6.6 +0.7
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 9.5 60 19 9.4 +3.5
VEXC Vanguard Emerging Markets Ex-China ETF 9.5 7 72 5.7 -0.3
IXN iShares Global Tech ETF 9.3 41 38 2.7 -3.2
IMFL Invesco International Developed Dynamic Multifactor ETF 9.3 34 45 5.2 -0.7
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 9.2 55 24 6.7 +0.7
VXUS Vanguard Total International Stock ETF 9.1 5 74 6.6 +0.6
IXUS iShares Core MSCI Total International Stock ETF 9.0 7 72 6.5 +0.6
FRGN Horizon International Equity ETF 8.9 75 4 7.8 +1.9
XCNY SPDR S&P Emerging Markets ex-China ETF 8.9 15 64 5.6 -0.3
EVLU iShares MSCI Emerging Markets Value Factor ETF 8.8 35 44 10.0 +4.1
DOL WisdomTree International LargeCap Dividend Fund 8.7 48 31 5.5 -0.4
IQDF FlexShares International Quality Dividend Index Fund 8.7 47 32 7.3 +1.4
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 8.7 65 14 6.6 +0.6
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 8.6 45 34 6.5 +0.6
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 8.4 80 -1 7.3 +1.4
AIQ Global X Artificial Intelligence & Technology ETF 8.4 68 11 2.8 -3.2
WTAI WisdomTree Artificial Intelligence and Innovation Fund 8.3 45 34 2.1 -3.9
FEM First Trust Emerging Markets AlphaDEX Fund 7.9 80 -1 8.7 +2.7
CGGO Capital Group Global Growth Equity ETF 7.7 47 32 4.2 -1.8
DFAX Dimensional World ex U.S. Core Equity 2 ETF 7.6 30 49 6.3 +0.4
IQDY FlexShares International Quality Dividend Dynamic Index Fund 7.6 47 32 7.1 +1.2
DINT Davis Select International ETF 7.3 55 24 6.1 +0.2
FLCH Franklin FTSE China ETF 7.1 19 60 19.0 +13.1
CWI SPDR MSCI ACWI ex-US ETF 7.0 30 49 6.4 +0.5
CLNR IQ Cleaner Transport ETF 7.0 45 34 4.0 -1.9
HFXI IQ FTSE International Equity Currency Neutral ETF 6.9 20 59 5.6 -0.3
NXTG First Trust Indxx NextG ETF 6.9 70 9 3.5 -2.4
CHPX Global X AI Semiconductor & Quantum ETF 6.8 50 29 1.8 -4.1
OAIM OneAscent International Equity ETF 6.7 95 -16 4.4 -1.5
FMET Fidelity Metaverse ETF 6.7 39 40 4.3 -1.6
ABLG Abacus FCF International Leaders ETF 6.7 59 20 6.8 +0.9
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 6.6 86 -7 13.8 +7.9
CARZ First Trust NASDAQ Global Auto Index Fund 6.6 70 9 2.5 -3.4
AGIX KraneShares Artificial Intelligence and Technology ETF 6.6 99 -20 1.2 -4.8
LIT Global X Lithium & Battery Tech ETF 6.5 75 4 5.8 -0.2
PIEL Pacer International Export Leaders ETF 6.5 60 19 4.2 -1.8
MOTI VanEck Morningstar International Moat ETF 6.4 58 21 10.1 +4.2
MOTG VanEck Morningstar Global Wide Moat ETF 6.4 52 27 8.0 +2.1
CQQQ Invesco China Technology ETF 6.4 70 9 17.8 +11.9
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 6.2 42 37 4.2 -1.7
JIVE JPMorgan International Value ETF 6.0 55 24 7.8 +1.9
FEOE First Eagle Overseas Equity ETF 6.0 79 0 6.0 +0.1
DEM WisdomTree Emerging Markets High Dividend Fund 6.0 63 16 9.9 +4.0
DWLD Davis Select Worldwide ETF 5.9 63 16 7.0 +1.1
ANEW ProShares MSCI Transformational Changes ETF 5.8 45 34 4.2 -1.7
SCHF Schwab International Equity ETF 5.8 6 73 5.8 -0.1
METV Roundhill Ball Metaverse ETF 5.5 59 20 7.3 +1.4
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 5.5 44 35 9.2 +3.3
KLMT Invesco MSCI Global Climate 500 ETF 5.5 10 69 4.9 -1.0
CGRO CoreValues Alpha Greater China Growth ETF 5.4 75 4 5.8 -0.1
RGEF Rockefeller Global Equity ETF 5.4 55 24 3.9 -2.1
VEA Vanguard FTSE Developed Markets ETF 5.3 3 76 5.9 -0.1
ARTY iShares Future AI & Tech ETF 5.3 47 32 2.5 -3.5
IBAT iShares Energy Storage & Materials ETF 5.2 47 32 1.7 -4.2
FNDF Schwab Fundamental International Large Co. Index ETF 5.2 25 54 7.1 +1.2
GXC SPDR S & P China ETF 5.0 59 20 19.7 +13.8
BKF iShares MSCI BIC ETF 4.9 69 10 15.1 +9.2
WRND IQ Global Equity R&D Leaders ETF 4.9 18 61 4.1 -1.8
CRBN iShares MSCI ACWI Low Carbon Target ETF 4.8 20 59 4.7 -1.2
MCHI iShares MSCI China ETF 4.7 59 20 21.3 +15.4
OCEN IQ Clean Oceans ETF 4.7 45 34 4.7 -1.3
ACWI iShares MSCI ACWI ETF 4.6 32 47 4.6 -1.3
FEGE First Eagle Global Equity ETF 4.6 79 0 5.8 -0.1
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 4.4 60 19 6.6 +0.7
AVES Avantis Emerging Markets Value ETF 4.4 36 43 9.0 +3.1
IGPT Invesco AI and Next Gen Software ETF 4.2 60 19 2.5 -3.4
AGQI First Trust Active Global Quality Income ETF 4.2 85 -6 6.3 +0.4
VT Vanguard Total World Stock ETF 4.2 6 73 5.0 -0.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 4.1 12 67 4.5 -1.5
FDT First Trust Developed Markets ex-US AlphaDEX Fund 3.9 80 -1 6.7 +0.8
JGLO JPMorgan Global Select Equity ETF 3.9 33 46 4.3 -1.6
XT iShares Exponential Technologies ETF 3.9 46 33 4.0 -1.9
IQM Franklin Intelligent Machines ETF 3.9 50 29 1.3 -4.6
KWEB KraneShares CSI China Internet ETF 3.8 69 10 28.3 +22.4
FDNI First Trust Dow Jones International Internet ETF 3.8 65 14 26.5 +20.6
KTEC KraneShares Hang Seng TECH Index ETF 3.8 69 10 24.5 +18.6
FXI iShares China Large-Cap ETF 3.8 74 5 21.4 +15.5
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 3.8 72 7 2.6 -3.3
EV Mast Global Battery Recycling & Production ETF 3.8 65 14 6.4 +0.5
DTCR Global X Data Center & Digital Infrastructure ETF 3.8 50 29 3.6 -2.3
ADIV SmartETFs Asia Pacific Dividend Builder ETF 3.7 78 1 9.2 +3.3
LEGR First Trust Indxx Innovative Transaction & Process ETF 3.7 65 14 7.1 +1.2
GLOF iShares Global Equity Factor ETF 3.5 20 59 5.5 -0.4
FLIN Franklin FTSE India ETF 3.5 19 60 4.2 -1.7
EPI WisdomTree India Earnings Fund 3.4 85 -6 5.3 -0.7
AQLT iShares MSCI Global Quality Factor ETF 3.4 18 61 0.0 -5.9
XC WisdomTree Emerging Markets Ex-China Fund 3.4 32 47 6.5 +0.6
POW VistaShares Electrification Supercycle ETF 3.3 75 4 2.6 -3.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 3.3 9 70 4.8 -1.1
PCGG Polen Capital Global Growth ETF 3.3 85 -6 3.9 -2.0
ARVR First Trust Indxx Metaverse ETF 3.3 70 9 3.5 -2.4
FDTX Fidelity Disruptive Technology ETF 3.3 50 29 1.6 -4.3
UEVM VictoryShares Emerging Markets Value Momentum ETF 3.2 45 34 9.5 +3.6
OSEA Harbor International Compounders ETF 3.1 55 24 4.5 -1.4
CGIE Capital Group International Equity ETF 3.0 54 25 4.5 -1.4
GINN Goldman Sachs Innovate Equity ETF 3.0 52 27 3.7 -2.3
IOO iShares Global 100 ETF 3.0 41 38 3.8 -2.1
ACWV iShares MSCI Global Min Vol Factor ETF 3.0 20 59 5.6 -0.3
RXI iShares Global Consumer Discretionary ETF 3.0 41 38 8.7 +2.8
IDHQ Invesco S&P International Developed High Quality ETF 3.0 29 50 5.0 -0.9
FDCF Fidelity Disruptive Communications ETF 2.9 50 29 1.8 -4.1
CHIQ Global X MSCI China Consumer Discretionary ETF 2.8 65 14 15.7 +9.7
BWEB Bitwise Web3 ETF 2.8 85 -6 -0.1 -6.0
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 2.8 86 -7 0.2 -5.7
INQQ India Internet & Ecommerce ETF 2.8 86 -7 0.5 -5.4
GKAT Scharf Global Opportunity ETF 2.8 57 22 5.8 -0.2
SPDW SPDR Portfolio Developed World ex-US ETF 2.7 3 76 5.8 -0.2
KOCG FIS Knights of Columbus Global Belief ETF 2.7 75 4 4.6 -1.3
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 2.6 65 14 1.3 -4.6
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 2.6 80 -1 3.8 -2.1
QTUM Defiance Quantum ETF 2.5 40 39 4.0 -2.0
RNEM First Trust Emerging Markets Equity Select ETF 2.5 75 4 7.9 +2.0
SOXX iShares Semiconductor ETF 2.4 35 44 2.3 -3.7
FFOG Franklin Focused Growth ETF 2.3 61 18 1.7 -4.2
KSTR KraneShares SSE STAR Market 50 Index ETF 2.3 89 -10 0.9 -5.1
SNSR Global X Internet of Things ETF 2.3 68 11 3.6 -2.3
BATT Amplify Lithium & Battery Technology ETF 2.3 59 20 2.1 -3.9
KGRN KraneShares MSCI China Clean Technology Index ETF 2.3 79 0 4.1 -1.8
TIIV AAM Todd International Intrinsic Value ETF 2.3 54 25 9.5 +3.6
TMFG Motley Fool Global Opportunities ETF 2.3 85 -6 3.8 -2.1
URA Global X Uranium ETF 2.3 69 10 1.0 -4.9
TRFK Pacer Data and Digital Revolution ETF 2.3 60 19 2.0 -3.9
DGT State Street SPDR Global Dow ETF 2.2 50 29 5.6 -0.3
UIVM VictoryShares International Value Momentum ETF 2.2 35 44 7.7 +1.8
ERTH Invesco MSCI Sustainable Future ETF 2.2 62 17 3.5 -2.5
EEMS iShares MSCI Emerging Markets Small Cap ETF 2.1 70 9 6.5 +0.6
CGGR Capital Group Growth ETF 2.1 39 40 2.7 -3.3
IGRO iShares International Dividend Growth ETF 2.1 15 64 6.6 +0.6
TINY ProShares Nanotechnology ETF 2.1 58 21 1.6 -4.3
FBOT Fidelity Disruptive Automation ETF 2.1 50 29 3.0 -2.9
FFLC Fidelity Fundamental Large Cap Core ETF 2.0 38 41 3.9 -2.0
CGDG Capital Group Dividend Growers ETF 1.9 47 32 5.2 -0.8
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 1.9 58 21 8.5 +2.6
SOCL Global X Social Media ETF 1.9 65 14 13.5 +7.6
ODDS Pacer BlueStar Digital Entertainment ETF 1.9 60 19 4.5 -1.4
OGIG ALPS O'Shares Global Internet Giants ETF 1.9 48 31 2.4 -3.6
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 1.9 75 4 3.2 -2.7
IBLC iShares Blockchain and Tech ETF 1.9 47 32 -1.3 -7.2
BNGE First Trust S-Network Streaming and Gaming ETF 1.9 70 9 2.9 -3.0
ESPO VanEck Video Gaming and eSports ETF 1.9 56 23 6.2 +0.3
IXP iShares Global Comm Services ETF 1.9 42 37 5.7 -0.2
APIE ActivePassive International Equity ETF 1.8 45 34 6.4 +0.5
EYLD Cambria Emerging Shareholder Yield ETF 1.8 66 13 8.6 +2.7
NUKZ Range Nuclear Renaissance Index ETF 1.8 85 -6 1.6 -4.3
FPAG FPA Global Equity ETF 1.8 49 30 5.6 -0.3
JPIN J.P. Morgan Diversified Return International Equity ETF 1.7 37 42 6.9 +1.0
PBD Invesco Global Clean Energy ETF 1.7 75 4 0.4 -5.5
JSTC Adasina Social Justice All Cap Global ETF 1.7 89 -10 4.4 -1.6
BUYZ Franklin Disruptive Commerce ETF 1.7 50 29 2.5 -3.4
ROBO ROBO Global Robotics & Automation Index ETF 1.7 95 -16 2.6 -3.3
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 1.6 80 -1 12.3 +6.4
JPXN iShares JPX-Nikkei 400 ETF 1.6 48 31 5.1 -0.9
SHLD Global X Defense Tech ETF 1.6 50 29 3.3 -2.7
KURE KraneShares MSCI All China Health Care Index ETF 1.6 65 14 2.6 -3.4
HYP Golden Eagle Dynamic Hypergrowth ETF 1.6 85 -6 -0.8 -6.7
EWJV iShares MSCI Japan Value ETF 1.6 15 64 6.3 +0.4
IMOM Alpha Architect International Quantitative Momentum ETF 1.6 49 30 4.6 -1.3
NUDM Nuveen ESG International Developed Markets Equity ETF 1.6 31 48 5.4 -0.5
DTAN Sparkline International Intangible Value ETF 1.6 55 24 7.0 +1.1
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 1.6 58 21 5.6 -0.3
DBJP Xtrackers MSCI Japan Hedged Equity ETF 1.5 47 32 4.5 -1.4
HEWJ iShares Currency Hedged MSCI Japan ETF 1.5 50 29 5.2 -0.7
TDIV First Trust NASDAQ Technology Dividend Index Fund 1.5 50 29 4.8 -1.1
IHAK iShares Cybersecurity & Tech ETF 1.5 47 32 3.1 -2.8
EWJ iShares MSCI Japan ETF 1.5 50 29 4.6 -1.3
VYMI Vanguard International High Dividend Yield ETF 1.5 17 62 7.6 +1.7
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.5 58 21 3.8 -2.1
BBJP JPMorgan BetaBuilders Japan ETF 1.5 19 60 5.0 -0.9
FSST Fidelity Sustainable U.S. Equity ETF 1.4 59 20 3.7 -2.3
SFYF SoFi Social 50 ETF 1.4 29 50 0.8 -5.2
YLDE ClearBridge Dividend Strategy ESG ETF 1.4 60 19 5.3 -0.6
GINX SGI Enhanced Global Income ETF 1.4 98 -19 6.4 +0.5
WUGI AXS Esoterica NextG Economy ETF 1.4 75 4 1.7 -4.2
ARKW ARK Next Generation Internet ETF 1.4 87 -8 0.5 -5.4
NETZ TCW Transform Systems ETF 1.4 75 4 1.5 -4.5
GPT Intelligent Alpha Atlas ETF 1.4 69 10 6.3 +0.4
VUSG Vanguard Wellington U.S. Growth Active ETF 1.4 35 44 2.6 -3.3
BGIG Bahl & Gaynor Income Growth ETF 1.4 45 34 4.5 -1.4
XNTK State Street SPDR NYSE Technology ETF 1.4 35 44 2.6 -3.4
AADR AdvisorShares Dorsey Wright ADR ETF 1.4 110 -31 3.2 -2.7
BGDV Bahl & Gaynor Dividend ETF 1.4 45 34 4.0 -1.9
BDIV AAM Brentview Dividend Growth ETF 1.4 49 30 3.8 -2.2
SWP SWP Growth & Income ETF 1.4 99 -20 4.4 -1.5
DARP Grizzle Growth ETF 1.4 75 4 1.8 -4.1
ARKQ ARK Autonomous Technology & Robotics ETF 1.4 75 4 1.1 -4.8
BLOK Amplify Transformational Data Sharing ETF 1.4 75 4 -0.1 -6.0
SOXQ Invesco PHLX Semiconductor ETF 1.4 19 60 2.2 -3.7
LOWV AB US Low Volatility Equity ETF 1.4 48 31 4.4 -1.6
CGDV Capital Group Dividend Value ETF 1.4 33 46 3.9 -2.1
LOGO Alpha Brands Consumption Leaders ETF 1.4 69 10 2.7 -3.2
LIVR Intelligent Livermore ETF 1.4 69 10 3.1 -2.8
VNSE Natixis Vaughan Nelson Select ETF 1.4 80 -1 3.5 -2.4
AOTG AOT Growth and Innovation ETF 1.4 75 4 1.2 -4.7
CGUS Capital Group Core Equity ETF 1.4 33 46 3.6 -2.3
MOTO SmartETFs Smart Transportation & Technology ETF 1.4 68 11 5.8 -0.1
FFND Future Fund Active ETF 1.4 100 -21 4.4 -1.5
DIVS SmartETFs Dividend Builder ETF 1.4 65 14 4.4 -1.5
GVIP Goldman Sachs Hedge Industry VIP ETF 1.4 45 34 2.5 -3.4
RFDA RiverFront Dynamic US Dividend Advantage ETF 1.4 52 27 5.0 -0.9
GFGF Guru Favorite Stocks ETF Guru Favorite Stocks Fund 1.4 65 14 3.6 -2.3
SMH VanEck Semiconductor ETF 1.4 35 44 2.2 -3.7
BKCI BNY Mellon Concentrated International ETF 1.4 80 -1 5.0 -0.9
LRGE ClearBridge Large Cap Growth ESG ETF 1.4 59 20 2.8 -3.2
PRAY FIS Christian Stock Fund 1.4 69 10 4.1 -1.8
IVES Wedbush ETFMG Global Cloud Technology ETF 1.4 68 11 3.6 -2.4
RFFC ALPS Active Equity Opportunity ETF 1.4 48 31 3.7 -2.2
DXJ WisdomTree Japan Hedged Equity Fund 1.4 48 31 5.1 -0.8
JGRO JPMorgan Active Growth ETF 1.4 44 35 2.7 -3.2
EWX SPDR S&P Emerging Markets Small Cap ETF 1.4 65 14 6.7 +0.7
FLJP Franklin FTSE Japan ETF 1.4 9 70 5.1 -0.8
FBCG Fidelity Blue Chip Growth ETF 1.3 59 20 2.3 -3.6
FLJH Franklin FTSE Japan Hedged ETF 1.3 9 70 5.0 -1.0
ARKX ARK Space Exploration & Innovation ETF 1.3 75 4 0.1 -5.9
LRGC AB US Large Cap Strategic Equities ETF 1.3 48 31 3.8 -2.1
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 1.3 25 54 5.1 -0.8
GURU Global X Guru Index ETF 1.3 75 4 2.4 -3.5
BRIF FIS Bright Portfolios Focused Equity ETF 1.2 65 14 3.4 -2.5
TPIF Timothy Plan International ETF 1.2 62 17 5.5 -0.4
IMTM iShares MSCI Intl Momentum Factor ETF 1.2 30 49 4.7 -1.2
SATO Invesco Alerian Galaxy Crypto Economy ETF 1.2 61 18 -0.7 -6.6
DRGN Themes China Generative Artificial Intelligence ETF 1.1 39 40 10.8 +4.9
FIVA Fidelity International Value Factor ETF 1.1 18 61 7.1 +1.1
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 1.1 58 21 5.4 -0.6
PGJ Invesco Golden Dragon China ETF 1.1 70 9 17.3 +11.4
TMAT Main Thematic Innovation ETF 1.1 164 -85 -2.0 -7.9
FBCV Fidelity Blue Chip Value ETF 1.1 59 20 5.4 -0.5
IQDG WisdomTree International Quality Dividend Growth Fund 1.1 42 37 5.7 -0.2
DRIV Global X Autonomous & Electric Vehicles ETF 1.0 68 11 3.6 -2.4
FJP First Trust Japan AlphaDEX Fund 1.0 80 -1 7.3 +1.3
ARKK ARK Innovation ETF 1.0 75 4 -2.6 -8.5
TTAI FCF International Quality ETF 1.0 59 20 7.1 +1.2
IPAC iShares Core MSCI Pacific ETF 0.9 9 70 5.2 -0.7
BINV Brandes International ETF 0.9 70 9 8.3 +2.4
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.9 8 71 6.3 +0.4
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.9 14 65 5.2 -0.7
OBOR KraneShares MSCI One Belt One Road Index ETF 0.8 79 0 7.0 +1.1
WGMI Valkyrie Bitcoin Miners ETF 0.8 75 4 -3.2 -9.1
THNR Amplify Weight Loss Drug & Treatment ETF 0.8 59 20 5.9 -0.1
OZEM Roundhill GLP-1 & Weight Loss ETF 0.8 59 20 5.6 -0.3
TRFM AAM Transformers ETF 0.8 49 30 1.0 -4.9
DEW WisdomTree Global High Dividend Fund 0.8 58 21 7.0 +1.1
GEW Cambria Global EW ETF 0.8 29 50 5.3 -0.6
CZA Invesco Zacks Mid-Cap ETF 0.8 72 7 5.8 -0.1
ION ProShares S&P Global Core Battery Metals ETF 0.8 58 21 6.6 +0.7
FDLS Inspire Fidelis Multi Factor ETF 0.7 76 3 3.1 -2.8
DSTX Distillate International Fundamental Stability & Value ETF 0.7 55 24 6.3 +0.4
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.7 42 37 7.8 +1.9
IQSI IQ Candriam International Equity ETF 0.7 15 64 5.5 -0.4
FENI Fidelity Enhanced International ETF 0.7 28 51 5.7 -0.2
PID Invesco International Dividend Achievers ETF 0.6 53 26 4.2 -1.8
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.6 15 64 5.0 -0.9
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 0.6 65 14 4.9 -1.1
SIXG Defiance Connective Technologies ETF 0.6 30 49 2.8 -3.1
NDIA Global X India Active ETF 0.6 75 4 5.2 -0.7
GLIN VanEck India Growth Leaders ETF 0.6 77 2 5.6 -0.4
NFTY First Trust India NIFTY 50 Equal Weight ETF 0.6 80 -1 5.1 -0.8
PIN Invesco India ETF 0.6 78 1 5.4 -0.5
DGIN VanEck Digital India ETF 0.6 71 8 1.4 -4.6
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.6 47 32 5.0 -0.9
INDA iShares MSCI India ETF 0.6 65 14 4.7 -1.2
INDY iShares India 50 ETF 0.6 89 -10 5.5 -0.4
CNYA iShares MSCI China A ETF 0.6 60 19 6.8 +0.8
ECOW Pacer Emerging Markets Cash Cows 100 ETF 0.6 70 9 9.4 +3.5
IBUY Amplify Online Retail ETF 0.6 65 14 2.3 -3.6
EFV iShares MSCI EAFE Value ETF 0.5 34 45 7.2 +1.3
DFIV Dimensional International Value ETF 0.5 27 52 7.4 +1.5
IVLU iShares MSCI Intl Value Factor ETF 0.5 30 49 7.7 +1.8
ESGD iShares ESG Aware MSCI EAFE ETF 0.5 20 59 5.7 -0.2
IPAV Global X Infrastructure Development ex-U.S. ETF 0.5 55 24 6.1 +0.1
TNUK Tortoise Nuclear Renaissance ETF 0.5 75 4 1.0 -5.0
SRVR Pacer Data & Infrastructure Real Estate ETF 0.5 55 24 4.5 -1.4
EXI iShares Global Industrials ETF 0.5 42 37 3.7 -2.2
AVIV Avantis International Large Cap Value ETF 0.5 25 54 6.7 +0.8
VIDI Vident International Equity Strategy ETF 0.5 61 18 7.9 +2.0
NANC Unusual Whales Subversive Democratic Trading ETF 0.5 75 4 2.9 -3.0
JHMD John Hancock Multifactor Developed International ETF 0.5 39 40 6.1 +0.2
AVDE Avantis International Equity ETF 0.5 23 56 6.1 +0.2
FNDC Schwab Fundamental International Small Co. Index ETF 0.4 39 40 6.6 +0.7
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.4 20 59 5.5 -0.4
GSID Goldman Sachs MarketBeta International Equity ETF 0.4 20 59 5.7 -0.2
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.4 36 43 5.2 -0.7
HEFA iShares Currency Hedged MSCI EAFE ETF 0.4 35 44 5.7 -0.2
EFA iShares MSCI EAFE ETF 0.4 35 44 5.7 -0.3
SMIN iShares MSCI India Small Cap ETF 0.4 79 0 3.3 -2.6
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.4 24 55 6.8 +0.9
DIVI Franklin International Core Dividend Tilt Index ETF 0.4 9 70 6.4 +0.5
BKIE BNY Mellon International Equity ETF 0.4 4 75 17.7 +11.8
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.4 35 44 5.5 -0.4
IDMO Invesco S&P International Developed Momentum ETF 0.4 25 54 5.1 -0.9
AVSD Avantis Responsible International Equity ETF 0.4 23 56 5.9 -0.0
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.4 4 75 17.3 +11.4
IVSI Applied Finance IVS International Large ETF 0.4 65 14 5.8 -0.1
IEFA iShares Core MSCI EAFE ETF 0.3 7 72 6.0 +0.1
JAVA JPMorgan Active Value ETF 0.3 44 35 5.3 -0.6
FPXI First Trust International Equity Opportunities ETF 0.3 70 9 4.2 -1.7
IDEV iShares Core MSCI International Developed Markets ETF 0.3 4 75 5.9 +0.0
DFAI Dimensional International Core Equity Market ETF 0.3 18 61 5.9 +0.0
JIRE JPMorgan International Research Enhanced Equity ETF 0.3 24 55 5.7 -0.2
DFIC Dimensional International Core Equity 2 ETF 0.3 23 56 6.1 +0.2
EFG iShares MSCI EAFE Growth ETF 0.3 36 43 3.9 -2.0
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.3 39 40 6.8 +0.9
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.3 40 39 5.7 -0.3
DMXF iShares ESG Advanced MSCI EAFE ETF 0.3 12 67 4.8 -1.1
DWM WisdomTree International Equity Fund 0.3 48 31 5.6 -0.4
CVY Invesco Zacks Multi-Asset Income ETF 0.2 106 -27 9.8 +3.9
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.2 20 59 5.6 -0.3
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.2 25 54 6.0 +0.1
STXI Strive International Developed Markets ETF 0.2 29 50 6.4 +0.4
INTF iShares International Equity Factor ETF 0.2 15 64 6.4 +0.5
ESGG FlexShares STOXX Global ESG Select Index Fund 0.2 42 37 4.0 -1.9
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.2 49 30 5.9 +0.0
SDG iShares MSCI Global Sustainable Development Goals ETF 0.2 49 30 4.6 -1.3
CLOU Global X Cloud Computing ETF 0.2 68 11 2.1 -3.9
DIM WisdomTree International MidCap Dividend Fund 0.2 58 21 6.2 +0.3
GLBL Pacer MSCI World Industry Advantage ETF 0.1 65 14 3.4 -2.5
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.1 12 67 5.3 -0.6
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.1 39 40 6.1 +0.2
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.1 30 49 5.9 +0.0
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.1 25 54 5.5 -0.4
URTH iShares MSCI World ETF 0.1 24 55 4.3 -1.6
DXIV Dimensional International Vector Equity ETF 0.1 34 45 6.4 +0.5
DFSI Dimensional International Sustainability Core 1 ETF 0.1 24 55 5.6 -0.3
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 49 5.1 -0.8
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.0 20 59 0.8 -5.1
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 68 4.2 -1.8
DIHP Dimensional International High Profitability ETF 0.0 29 50 5.8 -0.2
TEKX SPDR Galaxy Transformative Tech Accelerators ETF 0.0 65 14 0.0 -5.9
EBI Longview Advantage ETF 0.0 35 44 5.8 -0.1

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

Content on this tab for subscribers only**

RESULTS & ESTIMATES

  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

Content on this tab for subscribers only

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:		 Matthews Asia Innovators Active ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 22.2 %
Divided by: Fwd. P/BV 3.3 x
Less: Expense ratio 79 bp
Equals: ALTAR Score 5.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.39 CATEGORY
AVERAGE		 1.53
 
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.