Nuveen ESG Emerging Markets Equity ETF
ALTAR
Score™		 5.5% info Recommen-
dation		 UNDERWEIGHT
2024E    2025E
P/E
ratio		 13.7x P/Sales
ratio		 1.7x
P/BV
ratio		 1.8x Div.
yield		 2.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The NuShares ESG Emerging Markets Equity ETF tracks an index of large- and midcap emerging-market stocks that score highly on environmental, social, and governance criteria. The index is optimized for marketlike risk and return characteristics.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Nuveen
Website www.nuveen.com
Inception date Jun 06, 2017
Assets (mns) $272
Currency USD
Expense ratio 36 bp
Distributions Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 194
Wgt avg mkt cap (mns) $147,988
Large cap (>$10bn) 81.6%
Mid cap ($2-10bn) 18.4%
Small cap (<$2bn) 0.0%
Developed mkts 5.5%
Emerging mkts 94.5%

TOP TEN HOLDINGS
TAIWAN SEMICONDUCTOR MANUFAC 11.9 %
MEITUAN DIANPING 2.4 %
CHINA CONSTRUCTION BANK-H 2.3 %
INFOSYS TECHNOLOGIES LTD 2.0 %
IND & COMM BK OF CHINA - H 1.8 %
BYD CO LTD-H 1.7 %
HDFC BANK LIMITED 1.6 %
CHINATRUST FINANCIAL HOLDING 1.6 %
CHINA MERCHANTS BANK - H 1.6 %
FUBON FINANCIAL HOLDING CO 1.6 %
Total 28.4 %

TOP COUNTRY EXPOSURE
CHINA 26.8 %
INDIA 20.8 %
TAIWAN 20.4 %
SOUTH KOREA 7.8 %
SAUDI ARABIA 4.2 %
BRAZIL 3.6 %
SOUTH AFRICA 2.1 %
HONG KONG 1.9 %
MEXICO 1.8 %
MALAYSIA 1.6 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
6.1% 6.1% 2.5% -- 3.4%

Market Correlations
versus... Beta R-squared
S&P500 0.69 42%
MSCI EAFE 0.83 60%
MSCI Emg. Mkts. 1.06 99%

Technical Indicators
Recent close $29.16
30d moving avg. $29.86
Annualized volatility 18.6%
Short interest (ETF) 1.1%
Relative strength (RSI) 43

Liquidity measures
Avg. volume (thou.) 52
Turnover 0.6%
Bid/Ask (% of price) 0.83%
ADV underlying (mns) $12,082

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 383 potential alternatives to the Nuveen ESG Emerging Markets Equity ETF ETF based on the alternatives' overlap in portfolio holdings with NUEM. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: NUEM Expense: 36 bp ALTAR Score™: 5.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH NUEM
Ticker Fund
Name		 Overlap1
vs NUEM
(%)		 Expense
ratio
(bp)		 Savings
vs NUEM
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs NUEM
(%)
ESGE iShares ESG Aware MSCI EM ETF 41.3 25 11 6.8 +1.3
EMXF iShares ESG Advanced MSCI EM ETF 40.3 16 20 6.6 +1.1
LDEM iShares ESG MSCI EM Leaders ETF 40.2 17 19 7.3 +1.8
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 37.7 20 16 6.8 +1.3
ECON Columbia Emerging Markets Consumer ETF 35.7 49 -13 6.9 +1.4
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 35.1 30 6 6.8 +1.3
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 34.2 15 21 10.2 +4.7
STXE Strive Emerging Markets Ex-China ETF 34.0 32 4 6.7 +1.2
EEMA iShares MSCI Emerging Markets Asia ETF 33.2 49 -13 6.3 +0.8
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 32.4 66 -30 10.0 +4.5
EEM iShares MSCI Emerging Markets ETF 32.0 69 -33 6.6 +1.1
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 31.7 24 12 8.9 +3.4
EMXC iShares MSCI Emerging Markets ex China ETF 31.6 25 11 6.3 +0.8
AAXJ iShares MSCI All Country Asia ex Japan ETF 31.3 70 -34 6.0 +0.4
BKEM BNY Mellon Emerging Markets Equity ETF 30.9 11 25 7.9 +2.4
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 30.7 32 4 6.1 +0.6
XC WisdomTree Emerging Markets Ex-China Fund 30.4 32 4 5.6 +0.1
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 30.0 33 3 8.0 +2.5
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 29.9 36 0 7.5 +2.0
FLAX Franklin FTSE Asia Ex Japan ETF 29.8 19 17 6.7 +1.1
EEMO Invesco S&P Emerging Markets Momentum ETF 29.6 29 7 5.6 +0.1
EMGF iShares Emerging Markets Equity Factor ETF 29.3 25 11 8.2 +2.7
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 28.9 15 21 7.0 +1.4
SCHE Schwab Emerging Markets Equity ETF 28.6 11 25 6.9 +1.4
XCNY SPDR S&P Emerging Markets ex-China ETF 28.4 15 21 6.2 +0.7
AIA iShares Asia 50 ETF 28.3 50 -14 6.4 +0.8
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 28.1 45 -9 10.8 +5.3
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 27.9 32 4 6.0 +0.5
XCEM Columbia EM Core ex-China ETF 27.8 16 20 7.3 +1.8
VWO Vanguard FTSE Emerging Markets ETF 27.7 8 28 7.0 +1.5
JHEM John Hancock Multifactor Emerging Markets ETF 27.5 49 -13 8.0 +2.5
IEMG iShares Core MSCI Emerging Markets ETF 27.5 9 27 7.2 +1.7
PXH Invesco FTSE RAFI Emerging Markets ETF 27.4 49 -13 11.8 +6.3
EMDM First Trust Bloomberg Emerging Market Democracies ETF 26.7 75 -39 7.7 +2.2
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 26.7 30 6 7.9 +2.4
SPEM SPDR Portfolio Emerging Markets ETF 26.4 7 29 7.3 +1.8
DFAE Dimensional Emerging Core Equity Market ETF 25.3 35 1 7.1 +1.6
BKF iShares MSCI BIC ETF 25.2 69 -33 6.7 +1.2
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 25.1 40 -4 7.8 +2.3
DEHP Dimensional Emerging Markets High Profitability ETF 24.2 41 -5 4.9 -0.6
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 23.2 39 -3 12.7 +7.2
FDEM Fidelity Emerging Markets Multifactor ETF 23.1 25 11 10.0 +4.5
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 21.3 41 -5 7.3 +1.7
FTHF First Trust Emerging Markets Human Flourishing ETF 20.9 75 -39 8.5 +3.0
DFEM Dimensional Emerging Markets Core Equity 2 ETF 20.2 38 -2 7.7 +2.2
EWT iShares MSCI Taiwan ETF 20.2 58 -22 5.4 -0.1
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 20.2 88 -52 7.1 +1.6
FLTW Franklin FTSE Taiwan ETF 20.1 19 17 5.6 +0.1
KALL KraneShares MSCI All China Index ETF 20.1 49 -13 9.3 +3.8
EQLT iShares MSCI Emerging Markets Quality Factor ETF 20.0 35 1 7.1 +1.6
MCHI iShares MSCI China ETF 19.8 59 -23 8.4 +2.9
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 19.7 50 -14 13.2 +7.7
GMF SPDR S&P Emerging Asia Pacific ETF 19.6 49 -13 6.1 +0.6
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 19.5 25 11 6.4 +0.9
MINV Matthews Asia Innovators Active ETF 19.5 79 -43 0.6 -4.9
EMMF WisdomTree Emerging Markets Multifactor Fund 19.4 48 -12 6.6 +1.1
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 19.3 95 -59 10.0 +4.5
MEM Matthews Emerging Markets Equity Active ETF 19.3 79 -43 4.9 -0.6
FLCH Franklin FTSE China ETF 19.0 19 17 8.9 +3.4
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 18.1 59 -23 12.0 +6.4
FLIN Franklin FTSE India ETF 18.1 19 17 4.7 -0.8
PIN Invesco India ETF 18.0 78 -42 4.5 -1.0
INDA iShares MSCI India ETF 17.9 65 -29 4.1 -1.5
RNEM First Trust Emerging Markets Equity Select ETF 17.7 75 -39 7.3 +1.7
ROAM Hartford Multifactor Emerging Markets ETF 17.5 44 -8 15.0 +9.5
FXI iShares China Large-Cap ETF 17.0 74 -38 7.9 +2.4
EVLU iShares MSCI Emerging Markets Value Factor ETF 16.9 35 1 12.0 +6.5
NFTY First Trust India NIFTY 50 Equal Weight ETF 16.9 80 -44 6.3 +0.8
INDY iShares India 50 ETF 16.5 89 -53 4.4 -1.1
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 16.4 44 -8 13.2 +7.7
GXC SPDR S&P China ETF 15.8 59 -23 8.5 +3.0
UEVM VictoryShares Emerging Markets Value Momentum ETF 14.9 45 -9 12.4 +6.9
EPI WisdomTree India Earnings Fund 14.9 85 -49 6.1 +0.6
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 13.9 60 -24 0.9 -4.6
DFEV Dimensional Emerging Markets Value ETF 13.6 43 -7 10.6 +5.0
AVEM Avantis Emerging Markets Equity ETF 13.2 33 3 8.7 +3.1
CXSE WisdomTree China ex-State-Owned Enterprises Fund 13.1 32 4 6.4 +0.9
DEM WisdomTree Emerging Markets High Dividend Fund 12.8 63 -27 18.5 +12.9
EMC Global X Emerging Markets Great Consumer ETF 12.6 75 -39 4.7 -0.9
JCHI JPMorgan Active China ETF 11.9 65 -29 8.4 +2.9
PATN Pacer Nasdaq International Patent Leaders ETF 11.8 65 -29 6.0 +0.5
MCH Matthews China Active ETF 11.7 79 -43 5.7 +0.2
EDIV SPDR S&P Emerging Markets Dividend ETF 10.9 49 -13 11.9 +6.3
VSGX Vanguard ESG International Stock ETF 10.6 12 24 6.5 +1.0
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 10.4 86 -50 2.5 -3.1
KTEC KraneShares Hang Seng TECH Index ETF 10.2 69 -33 -5.1 -10.6
EELV Invesco S&P Emerging Markets Low Volatility ETF 10.2 29 7 8.3 +2.8
ACWX iShares MSCI ACWI ex U.S. ETF 10.0 34 2 6.6 +1.1
EMM Global X Emerging Markets ex-China ETF 10.0 75 -39 3.9 -1.6
FEM First Trust Emerging Markets AlphaDEX Fund 10.0 80 -44 13.0 +7.5
AVES Avantis Emerging Markets Value ETF 9.9 36 0 11.6 +6.1
KNCT Invesco Next Gen Connectivity ETF 9.7 40 -4 4.5 -1.0
GXUS Goldman Sachs MarketBeta Total International Equity ETF 9.7 18 18 6.8 +1.3
TCHI iShares MSCI China Multisector Tech ETF 9.6 59 -23 1.3 -4.2
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 9.4 41 -5 7.1 +1.6
IWTR iShares MSCI Water Management Multisector ETF 9.3 47 -11 5.6 +0.1
VEU Vanguard FTSE All-World ex-US Index Fund 9.0 8 28 7.0 +1.5
KWEB KraneShares CSI China Internet ETF 9.0 69 -33 -3.5 -9.1
FDNI First Trust Dow Jones International Internet ETF 8.9 65 -29 2.6 -2.9
FRDM Freedom 100 Emerging Markets ETF 8.8 49 -13 6.8 +1.3
IXUS iShares Core MSCI Total International Stock ETF 8.6 7 29 6.9 +1.4
VXUS Vanguard Total International Stock ETF 8.5 7 29 7.0 +1.5
FBOT Fidelity Disruptive Automation ETF 8.2 50 -14 3.5 -2.0
CGRO CoreValues Alpha Greater China Growth ETF 7.7 75 -39 4.0 -1.6
FLKR Franklin FTSE South Korea ETF 7.5 9 27 10.0 +4.5
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 7.5 42 -6 6.2 +0.7
EWY iShares MSCI South Korea ETF 7.3 58 -22 9.3 +3.8
GBUY Goldman Sachs Future Consumer Equity ETF 7.0 75 -39 3.4 -2.1
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 6.9 90 -54 6.4 +0.9
CGXU Capital Group International Focus Equity ETF 6.9 54 -18 4.4 -1.2
CHIQ Global X MSCI China Consumer Discretionary ETF 6.7 65 -29 6.1 +0.6
BIGFX Baron International Growth Retail 6.4 75 -39 3.2 -2.4
JIG JPMorgan International Growth ETF 6.3 55 -19 4.3 -1.2
ADIV SmartETFs Asia Pacific Dividend Builder ETF 6.3 78 -42 8.8 +3.3
CLNR IQ Cleaner Transport ETF 6.1 45 -9 6.4 +0.9
FLLA Franklin FTSE Latin America ETF 6.0 19 17 12.5 +6.9
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 6.0 60 -24 7.5 +2.0
NXTG First Trust Indxx NextG ETF 6.0 70 -34 6.3 +0.8
DVYE iShares Emerging Markets Dividend ETF 5.9 49 -13 18.6 +13.1
CWI SPDR MSCI ACWI ex-US ETF 5.9 30 6 6.7 +1.2
INCO Columbia India Consumer ETF 5.8 75 -39 1.9 -3.7
VYMI Vanguard International High Dividend Yield ETF 5.8 22 14 9.5 +4.0
ACWV iShares MSCI Global Min Vol Factor ETF 5.7 20 16 6.1 +0.6
CQQQ Invesco China Technology ETF 5.7 70 -34 -9.3 -14.9
IQDY FlexShares International Quality Dividend Dynamic Index Fund 5.6 47 -11 9.4 +3.9
SCHY Schwab International Dividend Equity ETF 5.6 14 22 9.4 +3.9
AGQI First Trust Active Global Quality Income ETF 5.6 85 -49 5.3 -0.2
IQDF FlexShares International Quality Dividend Index Fund 5.6 47 -11 13.4 +7.9
RODE Hartford Multifactor Diversified International ETF 5.6 29 7 11.2 +5.7
OND ProShares On-Demand ETF 5.1 58 -22 -2.4 -7.9
DFAX Dimensional World ex U.S. Core Equity 2 ETF 5.0 30 6 7.7 +2.2
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 4.8 65 -29 8.1 +2.6
IXN iShares Global Tech ETF 4.7 41 -5 4.3 -1.2
BTECX Baron Technology 4.6 75 -39 2.2 -3.3
IQDE FlexShares International Quality Dividend Defensive Index ET 4.6 47 -11 16.6 +11.1
CNYA iShares MSCI China A ETF 4.6 60 -24 8.3 +2.8
SDEM Global X MSCI SuperDividend Emerging Markets ETF 4.5 67 -31 13.8 +8.3
DSTX Distillate International Fundamental Stability & Value ETF 4.4 55 -19 7.7 +2.2
BDAIX Baron Durable Advantage 4.4 75 -39 3.6 -1.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 4.2 20 16 5.1 -0.4
FLSA Franklin FTSE Saudi Arabia ETF 4.2 39 -3 5.4 -0.1
KSA iShares MSCI Saudi Arabia ETF 4.2 74 -38 5.3 -0.2
GLIN VanEck India Growth Leaders ETF 4.1 77 -41 7.0 +1.4
ECOW Pacer Emerging Markets Cash Cows 100 ETF 4.1 70 -34 11.0 +5.4
WRND IQ Global Equity R&D Leaders ETF 4.0 18 18 7.4 +1.9
ILF iShares Latin America 40 ETF 4.0 48 -12 10.7 +5.2
IGRO iShares International Dividend Growth ETF 4.0 15 21 7.3 +1.8
LEGR First Trust Indxx Innovative Transaction & Process ETF 3.8 65 -29 7.8 +2.3
NDIA Global X India Active ETF 3.8 75 -39 8.2 +2.7
GSIB Themes Global Systemically Important Banks ETF 3.7 35 1 12.1 +6.6
IVES Wedbush ETFMG Global Cloud Technology ETF 3.7 68 -32 4.7 -0.8
AIVC Amplify Bloomberg AI Value Chain ETF 3.7 59 -23 4.6 -0.9
IDRV iShares Self-driving EV & Tech ETF 3.7 47 -11 3.5 -2.0
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 3.6 55 -19 8.5 +2.9
INDF Nifty India Financials ETF 3.6 75 -39 5.8 +0.3
FLBR Franklin FTSE Brazil ETF 3.6 19 17 13.1 +7.6
CHAT Roundhill Generative AI & Technology ETF 3.6 75 -39 3.2 -2.3
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 3.6 80 -44 7.4 +1.9
RXI iShares Global Consumer Discretionary ETF 3.6 41 -5 5.3 -0.2
KGRN KraneShares MSCI China Clean Technology Index ETF 3.6 79 -43 7.2 +1.7
FDRV Fidelity Electric Vehicles and Future Transportation ETF 3.5 39 -3 -1.7 -7.2
DGIN VanEck Digital India ETF 3.4 71 -35 0.5 -5.0
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.4 12 24 4.6 -0.9
KLMT Invesco MSCI Global Climate 500 ETF 3.4 10 26 5.2 -0.3
MOTG VanEck Morningstar Global Wide Moat ETF 3.4 52 -16 5.5 +0.0
ACWI iShares MSCI ACWI ETF 3.4 32 4 5.1 -0.4
GTEK Goldman Sachs Future Tech Leaders Equity ETF 3.3 75 -39 2.5 -3.0
FLN First Trust Latin America AlphaDEX Fund 3.3 80 -44 8.4 +2.9
VIGI Vanguard International Dividend Appreciation ETF 3.2 15 21 6.1 +0.6
BATT Amplify Lithium & Battery Technology ETF 3.1 59 -23 -0.3 -5.9
LIT Global X Lithium & Battery Tech ETF 3.1 75 -39 9.8 +4.3
EWZ iShares MSCI Brazil ETF 3.1 58 -22 10.4 +4.8
DEW WisdomTree Global High Dividend Fund 3.0 58 -22 8.4 +2.9
VT Vanguard Total World Stock ETF 3.0 7 29 5.4 -0.1
GLOF iShares Global Equity Factor ETF 2.9 20 16 6.6 +1.1
FBZ First Trust Brazil AlphaDEX Fund 2.7 80 -44 13.9 +8.4
EYLD Cambria Emerging Shareholder Yield ETF 2.7 66 -30 13.8 +8.3
JSTC Adasina Social Justice All Cap Global ETF 2.7 89 -53 4.4 -1.1
SOCL Global X Social Media ETF 2.7 65 -29 -8.7 -14.2
ISHP First Trust Nasdaq Retail ETF 2.7 60 -24 2.9 -2.6
MOTO SmartETFs Smart Transportation & Technology ETF 2.7 68 -32 6.6 +1.1
ASEA Global X FTSE Southeast Asia ETF 2.6 65 -29 6.4 +0.9
VIDI Vident International Equity Strategy ETF 2.6 61 -25 10.1 +4.6
XT iShares Exponential Technologies ETF 2.5 46 -10 4.7 -0.8
IBAT iShares Energy Storage & Materials ETF 2.5 47 -11 3.3 -2.3
GGME Invesco Next Gen Media and Gaming ETF 2.4 60 -24 3.6 -1.9
IXG iShares Global Financials ETF 2.4 42 -6 6.0 +0.4
EV Mast Global Battery Recycling & Production ETF 2.4 65 -29 12.2 +6.7
DINT Davis Select International ETF 2.4 55 -19 6.0 +0.5
DWLD Davis Select Worldwide ETF 2.4 63 -27 6.8 +1.3
RAYC Rayliant Quantamental China Equity ETF 2.4 80 -44 9.5 +4.0
ARVR First Trust Indxx Metaverse ETF 2.3 70 -34 0.7 -4.8
FMET Fidelity Metaverse ETF 2.3 39 -3 5.1 -0.4
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 2.3 86 -50 1.9 -3.6
OBOR KraneShares MSCI One Belt One Road Index ETF 2.2 79 -43 10.5 +5.0
EDOG ALPS Emerging Sector Dividend Dogs ETF 2.2 60 -24 11.5 +6.0
PICK iShares MSCI Global Metals & Mining Producers ETF 2.1 39 -3 13.6 +8.1
GVAL Cambria Global Value ETF 2.1 68 -32 17.3 +11.8
EZA iShares MSCI South Africa ETF 2.1 58 -22 10.4 +4.9
WUGI AXS Esoterica NextG Economy ETF 2.0 75 -39 2.0 -3.5
FDT First Trust Developed Markets ex-US AlphaDEX Fund 2.0 80 -44 8.8 +3.2
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.9 45 -9 -4.4 -9.9
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.9 72 -36 -0.9 -6.4
SDG iShares MSCI Global Sustainable Development Goals ETF 1.9 49 -13 5.5 -0.0
AIQ Global X Artificial Intelligence & Technology ETF 1.9 68 -32 3.6 -1.9
IBUY Amplify Online Retail ETF 1.9 65 -29 1.4 -4.1
JPIN J.P. Morgan Diversified Return International Equity ETF 1.9 37 -1 9.0 +3.5
UMMA Wahed Dow Jones Islamic World ETF 1.8 65 -29 4.2 -1.3
EWW iShares MSCI Mexico ETF 1.8 50 -14 13.7 +8.1
FLMX Franklin FTSE Mexico ETF 1.8 19 17 14.0 +8.5
AFK VanEck Africa Index ETF 1.8 98 -62 8.9 +3.4
SMOG VanEck Low Carbon Energy ETF 1.7 61 -25 2.6 -2.9
FLHK Franklin FTSE Hong Kong ETF 1.7 9 27 7.0 +1.5
TTAI FCF International Quality ETF 1.7 59 -23 4.9 -0.6
BNGE First Trust S-Network Streaming and Gaming ETF 1.7 70 -34 -3.4 -8.9
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.7 46 -10 9.2 +3.7
WWJD Inspire International ETF 1.6 80 -44 7.3 +1.8
EWM iShares MSCI Malaysia ETF 1.6 50 -14 5.5 -0.0
OCEN IQ Clean Oceans ETF 1.6 45 -9 6.8 +1.3
UIVM VictoryShares International Value Momentum ETF 1.6 35 1 9.6 +4.1
MOTI VanEck Morningstar International Moat ETF 1.6 58 -22 6.5 +1.0
OGIG ALPS O'Shares Global Internet Giants ETF 1.5 48 -12 2.0 -3.5
FTAG First Trust Indxx Global Agriculture ETF 1.5 70 -34 9.3 +3.8
FCA First Trust China AlphaDEX Fund 1.5 80 -44 16.0 +10.5
BIOPX Baron Opportunity Retail 1.5 75 -39 1.0 -4.5
DGT SPDR Global Dow ETF 1.5 50 -14 6.6 +1.0
VPL Vanguard FTSE Pacific ETF 1.5 8 28 7.5 +2.0
ARTY iShares Future AI & Tech ETF 1.5 47 -11 3.9 -1.6
ANEW ProShares MSCI Transformational Changes ETF 1.5 45 -9 3.7 -1.8
PGJ Invesco Golden Dragon China ETF 1.5 70 -34 5.0 -0.5
IXP iShares Global Comm Services ETF 1.5 42 -6 5.0 -0.5
JGLO JPMorgan Global Select Equity ETF 1.4 33 3 4.5 -1.0
IVRS iShares Future Metaverse Tech and Communications ETF 1.3 47 -11 -5.7 -11.2
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.3 12 24 8.4 +2.9
TEMP JPMorgan Climate Change Solutions ETF 1.3 49 -13 5.7 +0.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.3 9 27 5.2 -0.3
KURE KraneShares MSCI All China Health Care Index ETF 1.2 65 -29 4.4 -1.1
BLES Inspire Global Hope ETF 1.2 61 -25 6.5 +1.0
CGV Conductor Global Equity Value ETF 1.2 130 -94 8.9 +3.3
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.1 49 -13 6.6 +1.1
UAE iShares MSCI UAE ETF 1.1 59 -23 8.4 +2.8
KPOP KPOP and Korean Entertainment ETF 1.1 75 -39 -6.9 -12.5
ICLN iShares Global Clean Energy ETF 1.1 41 -5 6.2 +0.6
DTAN Sparkline International Intangible Value ETF 1.0 55 -19 8.6 +3.1
CARZ First Trust NASDAQ Global Auto Index Fund 1.0 70 -34 3.4 -2.1
ICOW Pacer Developed Markets International Cash Cows 100 ETF 1.0 65 -29 12.4 +6.9
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.9 58 -22 4.5 -1.0
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.9 79 -43 5.2 -0.4
CGW Invesco S&P Global Water Index ETF 0.9 57 -21 4.6 -0.9
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.9 58 -22 10.1 +4.6
ERTH Invesco MSCI Sustainable Future ETF 0.9 62 -26 3.6 -1.9
GSFP Goldman Sachs Future Planet Equity ETF 0.9 75 -39 3.8 -1.7
EPHE iShares MSCI Philippines ETF 0.8 59 -23 9.6 +4.1
FNDC Schwab Fundamental International Small Co. Index ETF 0.8 39 -3 6.9 +1.4
EIDO iShares MSCI Indonesia ETF 0.8 59 -23 7.6 +2.1
EPOL iShares MSCI Poland ETF 0.8 59 -23 11.3 +5.8
LOUP Innovator Deepwater Frontier Tech ETF 0.8 70 -34 1.9 -3.6
GCOW Pacer Global Cash Cows Dividend ETF 0.8 60 -24 13.9 +8.3
HFXI IQ FTSE International Equity Currency Neutral ETF 0.8 20 16 6.9 +1.4
BLLD JPMorgan Sustainable Infrastructure ETF 0.8 49 -13 5.7 +0.1
MXI iShares Global Materials ETF 0.8 41 -5 7.1 +1.6
INQQ India Internet & Ecommerce ETF 0.8 86 -50 2.8 -2.7
CRAK VanEck Oil Refiners ETF 0.7 61 -25 15.0 +9.4
TUR iShares MSCI Turkey ETF 0.7 58 -22 18.4 +12.9
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.7 75 -39 4.9 -0.6
HERO Global X Video Games & Esports ETF 0.7 50 -14 4.2 -1.3
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.7 24 12 7.7 +2.2
PBD Invesco Global Clean Energy ETF 0.7 75 -39 -4.6 -10.1
VEGI iShares MSCI Agriculture Producers ETF 0.7 39 -3 8.7 +3.2
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.7 56 -20 13.4 +7.9
JETS U.S. Global Jets ETF 0.7 60 -24 -13.6 -19.1
TPIF Timothy Plan International ETF 0.7 62 -26 6.5 +1.0
ESPO VanEck Video Gaming and eSports ETF 0.7 56 -20 4.0 -1.6
QAT iShares MSCI Qatar ETF 0.7 59 -23 9.4 +3.9
ODDS Pacer BlueStar Digital Entertainment ETF 0.7 60 -24 2.4 -3.1
ION ProShares S&P Global Core Battery Metals ETF 0.7 58 -22 18.0 +12.5
VEA Vanguard FTSE Developed Markets ETF 0.6 5 31 7.0 +1.5
GINN Goldman Sachs Innovate Equity ETF 0.6 52 -16 2.4 -3.1
SCHF Schwab International Equity ETF 0.6 6 30 7.1 +1.6
DWX SPDR S&P International Dividend ETF 0.6 45 -9 6.7 +1.1
FNDF Schwab Fundamental International Large Co. Index ETF 0.6 25 11 9.7 +4.2
DRIV Global X Autonomous & Electric Vehicles ETF 0.6 68 -32 5.2 -0.3
FEP First Trust Europe AlphaDEX Fund 0.6 80 -44 7.4 +1.9
FEUZ First Trust Eurozone AlphaDEX ETF 0.6 80 -44 6.3 +0.8
GREK Global X MSCI Greece ETF 0.6 57 -21 -3.7 -9.2
IDX VanEck Indonesia Index ETF 0.6 57 -21 8.9 +3.4
CGGO Capital Group Global Growth Equity ETF 0.6 47 -11 4.4 -1.1
BUYZ Franklin Disruptive Commerce ETF 0.6 50 -14 1.9 -3.7
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.6 45 -9 8.6 +3.1
SPDW SPDR Portfolio Developed World ex-US ETF 0.5 3 33 6.9 +1.4
ECH iShares MSCI Chile ETF 0.5 58 -22 9.1 +3.6
CIL VictoryShares International Volatility Wtd ETF 0.5 45 -9 6.7 +1.2
HART IQ Healthy Hearts ETF 0.5 45 -9 6.2 +0.7
IPOS Renaissance International IPO ETF 0.5 80 -44 0.2 -5.3
GMET VanEck Green Metals ETF 0.5 63 -27 11.2 +5.7
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.4 46 -10 4.9 -0.6
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.4 47 -11 5.8 +0.3
GXG Global X MSCI Colombia ETF 0.4 62 -26 15.6 +10.1
IPAV Global X Infrastructure Development ex-U.S. ETF 0.4 55 -19 10.2 +4.7
EBIZ Global X E-Commerce ETF 0.4 50 -14 2.0 -3.5
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.4 65 -29 2.2 -3.3
KXI iShares Global Consumer Staples ETF 0.4 41 -5 5.8 +0.3
FID First Trust S&P International Dividend Aristocrats ETF 0.4 60 -24 9.0 +3.4
RING iShares MSCI Global Gold Miners ETF 0.4 39 -3 5.3 -0.2
WDIV SPDR S&P Global Dividend ETF 0.4 40 -4 9.6 +4.0
FPXI First Trust International Equity Opportunities ETF 0.4 70 -34 4.8 -0.7
HAP VanEck Natural Resources ETF 0.4 50 -14 10.1 +4.6
SETM Sprott Energy Transition Materials ETF 0.4 65 -29 7.1 +1.6
IMFL Invesco International Developed Dynamic Multifactor ETF 0.4 34 2 5.6 +0.1
BRAZ Global X Brazil Active ETF 0.4 75 -39 10.1 +4.6
TRFM AAM Transformers ETF 0.3 49 -13 1.0 -4.5
EPU iShares MSCI Peru and Global Exposure ETF 0.3 59 -23 5.8 +0.3
AQWA Global X Clean Water ETF 0.3 50 -14 4.4 -1.1
PIO Invesco Global Water ETF 0.3 75 -39 5.1 -0.5
IDV iShares International Select Dividend ETF 0.3 51 -15 12.0 +6.5
IQSI IQ Candriam International Equity ETF 0.3 15 21 6.3 +0.7
SIL Global X Silver Miners ETF 0.3 65 -29 2.3 -3.2
CGUS Capital Group Core Equity ETF 0.3 33 3 4.3 -1.2
IDHQ Invesco S&P International Developed High Quality ETF 0.3 29 7 5.7 +0.2
DIVI Franklin International Core Dividend Tilt Index ETF 0.3 9 27 7.7 +2.2
FFLC Fidelity Fundamental Large Cap Core ETF 0.3 38 -2 4.7 -0.8
MOO VanEck Agribusiness ETF 0.2 53 -17 9.8 +4.3
SUPL ProShares Supply Chain Logistics ETF 0.2 58 -22 13.5 +8.0
SHPP Pacer Industrials and Logistics ETF 0.2 60 -24 9.0 +3.5
ETEC iShares Breakthrough Environmental Solutions ETF 0.2 47 -11 7.8 +2.3
JHDV John Hancock U.S. High Dividend ETF 0.2 34 2 6.7 +1.2
LUX Tema Luxury ETF 0.2 75 -39 2.8 -2.7
FILL iShares MSCI Global Energy Producers ETF 0.2 39 -3 9.6 +4.1
NERD Roundhill Video Games ETF 0.2 50 -14 7.3 +1.8
SPEU SPDR Portfolio Europe ETF 0.2 7 29 6.6 +1.1
PNQI Invesco NASDAQ Internet ETF 0.2 60 -24 2.3 -3.2
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.2 19 17 5.4 -0.1
FLEE Franklin FTSE Europe ETF 0.2 9 27 6.7 +1.2
BBEU JPMorgan BetaBuilders Europe ETF 0.2 9 27 6.7 +1.2
GSID Goldman Sachs MarketBeta International Equity ETF 0.2 20 16 6.8 +1.2
VGK Vanguard FTSE Europe ETF 0.2 11 25 6.6 +1.1
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.2 50 -14 5.5 0.0
KOMP SPDR S&P Kensho New Economies Composite ETF 0.2 20 16 0.9 -4.6
FPAG FPA Global Equity ETF 0.2 49 -13 5.3 -0.3
BKIE BNY Mellon International Equity ETF 0.2 4 32 6.9 +1.4
SCHC Schwab International Small-Cap Equity ETF 0.2 11 25 6.3 +0.8
IDNA iShares Genomics Immunology and Healthcare ETF 0.2 47 -11 -4.9 -10.4
SAGP Strategas Global Policy Opportunities ETF 0.2 65 -29 6.0 +0.4
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.2 10 26 7.9 +2.4
APIE ActivePassive International Equity ETF 0.1 45 -9 8.0 +2.5
INTF iShares International Equity Factor ETF 0.1 15 21 7.6 +2.1
BOAT SonicShares Global Shipping ETF 0.1 69 -33 40.6 +35.1
EMIF iShares Emerging Markets Infrastructure ETF 0.1 60 -24 8.6 +3.1
SEA U.S. Global Sea to Sky Cargo ETF 0.1 60 -24 35.2 +29.7
EXI iShares Global Industrials ETF 0.1 42 -6 4.4 -1.2
DMAT Global X Disruptive Materials ETF 0.1 59 -23 11.0 +5.5
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 0.1 65 -29 6.3 +0.8
RFDI First Trust Riverfront Dynamic Developed International ETF 0.1 83 -47 9.4 +3.9
RFEU First Trust Riverfront Dynamic Europe ETF 0.1 83 -47 10.7 +5.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.1 39 -3 7.6 +2.1
JXI iShares Global Utilities ETF 0.1 43 -7 6.1 +0.6
RNRG Global X Renewable Energy Producers ETF 0.1 66 -30 6.2 +0.7
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 7 29 6.5 +1.0
ROBO ROBO Global Robotics & Automation Index ETF 0.1 95 -59 3.2 -2.3
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.1 85 -49 10.0 +4.5
VYM Vanguard High Dividend Yield Index ETF 0.1 6 30 6.8 +1.3
EDOC Global X Telemedicine & Digital Health ETF Registered 0.1 68 -32 -3.3 -8.8
FDHT Fidelity Digital Health ETF 0.1 39 -3 -2.2 -7.7
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 -3 6.8 +1.3
CGIE Capital Group International Equity ETF 0.0 54 -18 4.9 -0.6
OZEM Roundhill GLP-1 & Weight Loss ETF 0.0 59 -23 0.5 -5.1
THNR Amplify Weight Loss Drug & Treatment ETF 0.0 59 -23 5.2 -0.3
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.0 80 -44 10.5 +5.0
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 27 4.7 -0.8
ARGT Global X MSCI Argentina ETF 0.0 59 -23 4.5 -1.0
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.0 80 -44 12.2 +6.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 -3 6.9 +1.4
PTEC Global X PropTech ETF 0.0 50 -14 1.6 -3.9
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 11 7.0 +1.5
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 11 6.9 +1.4
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 -6 5.1 -0.5
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 15 3.8 -1.7
ILIT iShares Lithium Miners and Producers ETF 0.0 47 -11 11.8 +6.3
DIHP Dimensional International High Profitability ETF 0.0 29 7 7.3 +1.8
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 12 6.2 +0.7
EWX SPDR S&P Emerging Markets Small Cap ETF 0.0 65 -29 8.2 +2.7
DFIC Dimensional International Core Equity 2 ETF 0.0 23 13 7.5 +2.0
AVSD Avantis Responsible International Equity ETF 0.0 23 13 7.4 +1.9

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

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RESULTS & ESTIMATES

  2019 2020 2021 2022 2023 2024E 2025E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

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

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

OTHER FUNDAMENTAL METRICS

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

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2023 2024E 2025E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 Nuveen ESG Emerging Markets Equity 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 9.7 %
Divided by: Fwd. P/BV 1.7 x
Less: Expense ratio 36 bp
Equals: ALTAR Score 5.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.48 CATEGORY
AVERAGE		 1.48
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

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

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

 

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