Nuveen ESG Emerging Markets Equity ETF
ALTAR
Score™		 6.8% info Recommen-
dation		 NEUTRAL
2024E    2025E
P/E
ratio		 11.4x P/Sales
ratio		 1.2x
P/BV
ratio		 1.5x Div.
yield		 3.0%


  • 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) $252
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 262
Wgt avg mkt cap (mns) $95,257
Large cap (>$10bn) 76.4%
Mid cap ($2-10bn) 23.5%
Small cap (<$2bn) 0.1%
Developed mkts 2.7%
Emerging mkts 97.3%

TOP TEN HOLDINGS
TAIWAN SEMICONDUCTOR MANUFAC 8.7 %
ALIBABA GROUP HOLDING LTD. 3.2 %
HDFC BANK LIMITED 1.8 %
CHINA CONSTRUCTION BANK-H 1.8 %
HYNIX SEMICONDUCTOR INC 1.8 %
BAIDU, INC. CLASS A 1.6 %
SAUDI ARABIAN MINING CO. 1.5 %
NETEASE, INC 1.5 %
SAUDI TELECOM CO. 1.4 %
DELTA ELECTRONICS INC 1.4 %
Total 24.7 %

TOP COUNTRY EXPOSURE
CHINA 24.5 %
INDIA 17.2 %
TAIWAN 16.8 %
SOUTH KOREA 11.9 %
SAUDI ARABIA 5.1 %
BRAZIL 5.1 %
SOUTH AFRICA 2.7 %
MEXICO 2.5 %
INDONESIA 1.9 %
HONG KONG 1.5 %

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.
0.6% 3.3% 2.7% -- 3.0%

Market Correlations
versus... Beta R-squared
S&P500 0.68 43%
MSCI EAFE 0.87 65%
MSCI Emg. Mkts. 1.04 98%

Technical Indicators
Recent close $27.18
30d moving avg. $26.39
Annualized volatility 18.5%
Short interest (ETF) 1.5%
Relative strength (RSI) 54

Liquidity measures
Avg. volume (thou.) 42
Turnover 0.5%
Bid/Ask (% of price) 0.83%
ADV underlying (mns) $15,027

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 413 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™: 6.8%


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
(%)
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 46.2 20 16 7.5 +0.7
EMXF iShares ESG Advanced MSCI EM ETF 45.9 16 20 7.4 +0.7
ESGE iShares ESG Aware MSCI EM ETF 44.2 25 11 7.7 +0.9
LDEM iShares ESG MSCI EM Leaders ETF 43.5 17 19 7.7 +1.0
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 38.1 18 18 7.9 +1.1
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 36.5 32 4 6.3 -0.5
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 36.1 30 6 7.5 +0.7
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 35.2 24 12 7.1 +0.4
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 34.6 15 21 7.1 +0.3
EEMA iShares MSCI Emerging Markets Asia ETF 34.5 49 -13 6.7 -0.1
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 34.0 66 -30 7.2 +0.4
EEM iShares MSCI Emerging Markets ETF 33.7 69 -33 7.0 +0.2
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 33.0 33 3 7.2 +0.4
XC WisdomTree Emerging Markets Ex-China Fund 32.6 32 4 6.2 -0.6
AAXJ iShares MSCI All Country Asia ex Japan ETF 32.5 70 -34 6.3 -0.5
BKEM BNY Mellon Emerging Markets Equity ETF 32.2 11 25 7.7 +0.9
JHEM John Hancock Multifactor Emerging Markets ETF 32.0 49 -13 8.3 +1.6
EMXC iShares MSCI Emerging Markets ex China ETF 31.8 25 11 6.7 -0.1
STXE Strive Emerging Markets Ex-China ETF 31.6 32 4 6.9 +0.1
FLAX Franklin FTSE Asia Ex Japan ETF 31.5 19 17 7.2 +0.4
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 31.4 36 0 7.5 +0.7
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 30.0 45 -9 8.6 +1.8
SCHE Schwab Emerging Markets Equity ETF 29.4 11 25 7.6 +0.8
EMGF iShares Emerging Markets Equity Factor ETF 29.4 25 11 8.7 +1.9
IEMG iShares Core MSCI Emerging Markets ETF 28.9 9 27 7.5 +0.7
PXH Invesco FTSE RAFI Emerging Markets ETF 28.8 49 -13 12.4 +5.6
VWO Vanguard FTSE Emerging Markets ETF 27.8 8 28 7.6 +0.8
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 27.7 30 6 8.5 +1.8
SPEM SPDR Portfolio Emerging Markets ETF 26.9 7 29 7.5 +0.7
DFAE Dimensional Emerging Core Equity Market ETF 26.8 35 1 7.7 +0.9
BKF iShares MSCI BIC ETF 26.8 69 -33 7.1 +0.3
AIA iShares Asia 50 ETF 26.8 50 -14 6.9 +0.1
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 26.0 39 -3 12.5 +5.7
XCEM Columbia EM Core ex-China ETF 25.5 16 20 7.4 +0.6
EMDM First Trust Bloomberg Emerging Market Democracies ETF 23.9 75 -39 9.6 +2.8
DEHP Dimensional Emerging Markets High Profitability ETF 23.8 41 -5 7.3 +0.5
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 23.8 32 4 7.6 +0.8
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 22.9 40 -4 7.1 +0.3
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 22.4 50 -14 10.5 +3.8
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 22.3 41 -5 7.8 +1.0
GMF SPDR S&P Emerging Asia Pacific ETF 22.0 49 -13 6.4 -0.4
MCHI iShares MSCI China ETF 21.5 59 -23 8.9 +2.1
DFEM Dimensional Emerging Markets Core Equity 2 ETF 21.2 38 -2 8.2 +1.4
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 20.9 25 11 7.0 +0.2
EMMF WisdomTree Emerging Markets Multifactor Fund 20.9 48 -12 9.4 +2.6
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 20.2 59 -23 9.6 +2.8
FLCH Franklin FTSE China ETF 20.1 19 17 9.6 +2.8
KALL KraneShares MSCI All China Index ETF 19.3 49 -13 9.4 +2.6
ROAM Hartford Multifactor Emerging Markets ETF 19.3 44 -8 11.7 +4.9
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 18.3 88 -52 6.2 -0.6
RNEM First Trust Emerging Markets Equity Select ETF 17.8 75 -39 8.2 +1.5
DFEV Dimensional Emerging Markets Value ETF 17.6 43 -7 10.9 +4.1
GXC SPDR S&P China ETF 17.4 59 -23 9.0 +2.2
FXI iShares China Large-Cap ETF 16.7 74 -38 9.6 +2.8
EWT iShares MSCI Taiwan ETF 16.6 58 -22 5.7 -1.0
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 16.5 95 -59 11.4 +4.6
FLTW Franklin FTSE Taiwan ETF 16.4 19 17 6.0 -0.8
ECON Columbia Emerging Markets Consumer ETF 16.4 49 -13 4.8 -2.0
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 15.9 44 -8 10.3 +3.5
MINV Matthews Asia Innovators Active ETF 15.9 79 -43 2.8 -3.9
CN Xtrackers MSCI All China Equity ETF 15.8 50 -14 8.7 +1.9
FDEM Fidelity Emerging Markets Multifactor ETF 15.8 25 11 11.9 +5.2
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 15.7 60 -24 0.9 -5.8
EMC Global X Emerging Markets Great Consumer ETF 15.5 75 -39 4.9 -1.9
INDA iShares MSCI India ETF 15.1 65 -29 3.7 -3.1
FLIN Franklin FTSE India ETF 14.7 19 17 5.2 -1.6
DEM WisdomTree Emerging Markets High Dividend Fund 14.4 63 -27 12.9 +6.1
AVEM Avantis Emerging Markets Equity ETF 14.2 33 3 9.1 +2.3
EEMO Invesco S&P Emerging Markets Momentum ETF 13.8 29 7 6.2 -0.6
CXSE WisdomTree China ex-State-Owned Enterprises Fund 13.8 32 4 5.7 -1.1
PIN Invesco India ETF 13.3 78 -42 3.8 -3.0
MEM Matthews Emerging Markets Equity Active ETF 13.0 79 -43 5.7 -1.1
MCH Matthews China Active ETF 12.4 79 -43 6.1 -0.7
NFTY First Trust India NIFTY 50 Equal Weight ETF 12.1 80 -44 6.1 -0.7
EWY iShares MSCI South Korea ETF 11.8 58 -22 8.5 +1.7
JCHI JPMorgan Active China ETF 11.8 65 -29 7.9 +1.2
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 11.4 86 -50 1.9 -4.8
FLKR Franklin FTSE South Korea ETF 11.3 9 27 9.4 +2.6
INDY iShares India 50 ETF 11.0 89 -53 3.7 -3.1
VSGX Vanguard ESG International Stock ETF 10.8 12 24 6.8 +0.1
EPI WisdomTree India Earnings Fund 10.3 85 -49 6.6 -0.2
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 10.0 20 16 10.7 +3.9
FRDM Freedom 100 Emerging Markets ETF 10.0 49 -13 7.3 +0.6
ACWX iShares MSCI ACWI ex U.S. ETF 10.0 34 2 6.7 -0.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 9.8 41 -5 6.7 -0.1
TCHI iShares MSCI China Multisector Tech ETF 9.8 59 -23 3.0 -3.8
EMM Global X Emerging Markets ex-China ETF 9.7 75 -39 3.7 -3.1
KNCT Invesco Next Gen Connectivity ETF 9.5 40 -4 5.9 -0.9
FDNI First Trust Dow Jones International Internet ETF 9.3 65 -29 2.8 -4.0
UEVM VictoryShares Emerging Markets Value Momentum ETF 9.2 45 -9 12.7 +5.9
CHAT Roundhill Generative AI & Technology ETF 9.2 75 -39 4.2 -2.6
KTEC KraneShares Hang Seng TECH Index ETF 9.2 69 -33 -3.9 -10.7
EELV Invesco S&P Emerging Markets Low Volatility ETF 9.0 29 7 8.3 +1.5
AVES Avantis Emerging Markets Value ETF 8.7 36 0 12.1 +5.3
IXUS iShares Core MSCI Total International Stock ETF 8.7 7 29 6.9 +0.1
VXUS Vanguard Total International Stock ETF 8.6 7 29 7.1 +0.3
VEU Vanguard FTSE All-World ex-US Index Fund 8.5 8 28 7.2 +0.4
DSTX Distillate International Fundamental Stability & Value ETF 8.5 55 -19 8.0 +1.3
KWEB KraneShares CSI China Internet ETF 8.3 69 -33 -0.7 -7.4
IWTR iShares MSCI Water Management Multisector ETF 8.3 47 -11 4.8 -2.0
MOTI VanEck Morningstar International Moat ETF 8.2 58 -22 6.9 +0.1
FLLA Franklin FTSE Latin America ETF 8.0 19 17 11.7 +4.9
CHIQ Global X MSCI China Consumer Discretionary ETF 7.6 65 -29 5.3 -1.4
EDIV SPDR S&P Emerging Markets Dividend ETF 7.5 49 -13 10.9 +4.1
INCO Columbia India Consumer ETF 7.1 75 -39 1.6 -5.2
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 7.1 42 -6 6.8 +0.0
ACWV iShares MSCI Global Min Vol Factor ETF 7.0 20 16 6.7 -0.1
ADIV SmartETFs Asia Pacific Dividend Builder ETF 6.8 78 -42 8.8 +2.1
NXTG First Trust Indxx NextG ETF 6.7 70 -34 6.0 -0.8
CWI SPDR MSCI ACWI ex-US ETF 6.7 30 6 6.8 +0.0
VYMI Vanguard International High Dividend Yield ETF 6.5 22 14 9.7 +2.9
CGXU Capital Group International Focus Equity ETF 6.5 54 -18 4.1 -2.6
RODE Hartford Multifactor Diversified International ETF 6.4 29 7 11.5 +4.8
IQDF FlexShares International Quality Dividend Index Fund 6.4 47 -11 10.7 +3.9
DVYE iShares Emerging Markets Dividend ETF 6.4 49 -13 16.6 +9.8
GBUY Goldman Sachs Future Consumer Equity ETF 6.2 75 -39 3.1 -3.7
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 6.1 60 -24 10.0 +3.2
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 6.1 80 -44 10.0 +3.2
SCHY Schwab International Dividend Equity ETF 6.0 14 22 9.3 +2.5
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 5.6 68 -32 8.8 +2.0
CLNR IQ Cleaner Transport ETF 5.5 45 -9 8.3 +1.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 5.4 30 6 7.8 +1.0
FEM First Trust Emerging Markets AlphaDEX Fund 5.1 80 -44 16.3 +9.5
FLSA Franklin FTSE Saudi Arabia ETF 5.1 39 -3 5.7 -1.0
KSA iShares MSCI Saudi Arabia ETF 5.1 74 -38 5.6 -1.2
IXN iShares Global Tech ETF 5.1 41 -5 4.3 -2.5
WRND IQ Global Equity R&D Leaders ETF 5.0 18 18 7.2 +0.4
EWZ iShares MSCI Brazil ETF 5.0 58 -22 11.9 +5.1
FLBR Franklin FTSE Brazil ETF 5.0 19 17 12.4 +5.6
NDIA Global X India Active ETF 4.9 75 -39 6.5 -0.3
XT iShares Exponential Technologies ETF 4.9 46 -10 3.9 -2.9
IQDY FlexShares International Quality Dividend Dynamic Index Fund 4.9 47 -11 10.3 +3.5
GTEK Goldman Sachs Future Tech Leaders Equity ETF 4.8 75 -39 3.2 -3.6
FCA First Trust China AlphaDEX Fund 4.7 80 -44 17.6 +10.9
LEGR First Trust Indxx Innovative Transaction & Process ETF 4.3 65 -29 8.4 +1.6
IGRO iShares International Dividend Growth ETF 4.2 15 21 7.1 +0.3
DEW WisdomTree Global High Dividend Fund 4.1 58 -22 9.1 +2.3
IQDE FlexShares International Quality Dividend Defensive Index ET 4.1 47 -11 10.7 +3.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 4.1 20 16 5.6 -1.2
VIDI Vident International Equity Strategy ETF 4.0 61 -25 11.9 +5.1
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 4.0 65 -29 8.9 +2.1
MOTG VanEck Morningstar Global Wide Moat ETF 3.9 52 -16 5.8 -1.0
FLN First Trust Latin America AlphaDEX Fund 3.9 80 -44 11.1 +4.3
CNYA iShares MSCI China A ETF 3.9 60 -24 8.6 +1.9
ACWI iShares MSCI ACWI ETF 3.8 32 4 5.5 -1.3
GLOF iShares Global Equity Factor ETF 3.6 20 16 7.1 +0.3
ILF iShares Latin America 40 ETF 3.5 48 -12 10.3 +3.5
SDG iShares MSCI Global Sustainable Development Goals ETF 3.4 49 -13 5.8 -1.0
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 3.3 90 -54 7.0 +0.2
ECOW Pacer Emerging Markets Cash Cows 100 ETF 3.3 70 -34 11.4 +4.6
EMFQ Amplify Emerging Markets FinTech ETF 3.3 69 -33 5.4 -1.4
DGIN VanEck Digital India ETF 3.3 71 -35 1.6 -5.2
WWJD Inspire International ETF 3.2 80 -44 7.1 +0.4
PICK iShares MSCI Global Metals & Mining Producers ETF 3.2 39 -3 11.0 +4.2
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 3.2 47 -11 0.7 -6.1
VT Vanguard Total World Stock ETF 3.2 7 29 5.8 -1.0
SDEM Global X MSCI SuperDividend Emerging Markets ETF 3.2 67 -31 17.5 +10.7
ASEA Global X FTSE Southeast Asia ETF 3.1 65 -29 6.5 -0.3
RXI iShares Global Consumer Discretionary ETF 3.1 41 -5 5.5 -1.2
GGME Invesco Next Gen Media and Gaming ETF 3.0 60 -24 4.1 -2.7
IMFL Invesco International Developed Dynamic Multifactor ETF 2.9 34 2 10.6 +3.9
EEMD AAM S&P Emerging Markets High Dividend Value ETF 2.9 49 -13 19.0 +12.2
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 2.9 12 24 5.1 -1.7
RAYC Rayliant Quantamental China Equity ETF 2.9 80 -44 8.7 +1.9
VPL Vanguard FTSE Pacific ETF 2.9 8 28 7.0 +0.2
UIVM VictoryShares International Value Momentum ETF 2.8 35 1 10.7 +3.9
VIGI Vanguard International Dividend Appreciation ETF 2.8 15 21 5.6 -1.2
ANEW ProShares MSCI Transformational Changes ETF 2.8 45 -9 3.3 -3.4
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 2.8 86 -50 1.9 -4.9
FBZ First Trust Brazil AlphaDEX Fund 2.8 80 -44 11.9 +5.1
JPIN J.P. Morgan Diversified Return International Equity ETF 2.7 37 -1 8.7 +1.9
INDF Nifty India Financials ETF 2.7 75 -39 6.0 -0.8
CQQQ Invesco China Technology ETF 2.6 70 -34 -5.7 -12.5
BNE Blue Horizon BNE ETF 2.6 87 -51 5.0 -1.8
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 2.6 55 -19 8.4 +1.7
KGRN KraneShares MSCI China Clean Technology Index ETF 2.6 79 -43 6.5 -0.3
GVAL Cambria Global Value ETF 2.6 68 -32 12.3 +5.6
FDT First Trust Developed Markets ex-US AlphaDEX Fund 2.6 80 -44 10.8 +4.0
IVRS iShares Future Metaverse Tech and Communications ETF 2.6 47 -11 -5.3 -12.1
OND ProShares On-Demand ETF 2.5 58 -22 -2.5 -9.2
AFTY Pacer CSOP FTSE China A50 ETF 2.5 70 -34 9.2 +2.5
AFK VanEck Africa Index ETF 2.5 98 -62 10.0 +3.3
FLMX Franklin FTSE Mexico ETF 2.5 19 17 10.8 +4.0
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 2.5 72 -36 2.2 -4.6
BTEK Future Tech ETF 2.5 88 -52 2.1 -4.7
FID First Trust S&P International Dividend Aristocrats ETF 2.4 60 -24 9.8 +3.1
EV Mast Global Battery Recycling & Production ETF 2.4 65 -29 12.8 +6.0
IXG iShares Global Financials ETF 2.4 42 -6 6.8 +0.1
CGRO CoreValues Alpha Greater China Growth ETF 2.4 75 -39 2.6 -4.2
IGPT Invesco AI and Next Gen Software ETF 2.3 60 -24 3.8 -3.0
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 2.3 45 -9 6.2 -0.5
EWW iShares MSCI Mexico ETF 2.2 50 -14 9.7 +2.9
AIQ Global X Artificial Intelligence & Technology ETF 2.2 68 -32 4.2 -2.6
VNQI Vanguard Global ex-U.S. Real Estate ETF 2.2 12 24 8.7 +1.9
EZA iShares MSCI South Africa ETF 2.1 58 -22 11.4 +4.6
TTAI FCF International Quality ETF 2.1 59 -23 7.4 +0.6
JSTC Adasina Social Justice All Cap Global ETF 2.1 89 -53 4.8 -2.0
BLES Inspire Global Hope ETF 2.1 61 -25 6.3 -0.5
WDIV SPDR S&P Global Dividend ETF 2.1 40 -4 10.2 +3.5
EYLD Cambria Emerging Shareholder Yield ETF 2.0 66 -30 12.1 +5.3
SOCL Global X Social Media ETF 2.0 65 -29 -5.8 -12.5
JIG JPMorgan International Growth ETF 2.0 55 -19 4.3 -2.5
GSFP Goldman Sachs Future Planet Equity ETF 1.9 75 -39 4.5 -2.2
IDX VanEck Indonesia Index ETF 1.9 57 -21 7.9 +1.1
EIDO iShares MSCI Indonesia ETF 1.9 59 -23 7.6 +0.8
DINT Davis Select International ETF 1.9 55 -19 4.7 -2.1
DWLD Davis Select Worldwide ETF 1.9 63 -27 5.6 -1.2
IXP iShares Global Comm Services ETF 1.9 42 -6 5.3 -1.5
METV Roundhill Ball Metaverse ETF 1.8 59 -23 3.4 -3.4
SNSR Global X Internet of Things ETF 1.8 68 -32 4.3 -2.5
LOUP Innovator Deepwater Frontier Tech ETF 1.8 70 -34 2.3 -4.5
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.8 56 -20 13.9 +7.1
IDRV iShares Self-driving EV & Tech ETF 1.8 47 -11 -0.5 -7.3
FDRV Fidelity Electric Vehicles and Future Transportation ETF 1.8 39 -3 -3.5 -10.3
TPIF Timothy Plan International ETF 1.8 62 -26 6.7 -0.1
FNDF Schwab Fundamental International Large Co. Index ETF 1.7 25 11 9.1 +2.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.7 9 27 5.7 -1.1
ROBO ROBO Global Robotics & Automation Index ETF 1.7 95 -59 2.8 -3.9
QTUM Defiance Quantum ETF 1.7 40 -4 3.9 -2.9
OBOR KraneShares MSCI One Belt One Road Index ETF 1.7 79 -43 10.3 +3.5
FMET Fidelity Metaverse ETF 1.6 39 -3 4.4 -2.4
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.6 46 -10 8.8 +2.0
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.6 10 26 8.2 +1.4
QINT American Century Quality Diversified International ETF 1.6 39 -3 7.4 +0.6
BATT Amplify Lithium & Battery Technology ETF 1.6 59 -23 2.9 -3.9
CRAK VanEck Oil Refiners ETF 1.6 61 -25 13.1 +6.3
ISHP First Trust Nasdaq Retail ETF 1.5 60 -24 3.2 -3.6
ARVR First Trust Indxx Metaverse ETF 1.5 70 -34 2.5 -4.3
LIT Global X Lithium & Battery Tech ETF 1.5 75 -39 10.2 +3.4
CGUS Capital Group Core Equity ETF 1.5 33 3 4.7 -2.1
INQQ India Internet & Ecommerce ETF 1.5 86 -50 10.8 +4.0
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.5 45 -9 4.9 -1.9
PGJ Invesco Golden Dragon China ETF 1.5 70 -34 4.9 -1.9
WTAI WisdomTree Artificial Intelligence and Innovation Fund 1.4 45 -9 1.4 -5.4
HFXI IQ FTSE International Equity Currency Neutral ETF 1.4 20 16 6.8 +0.0
DGT SPDR Global Dow ETF 1.4 50 -14 6.7 -0.1
EDOG ALPS Emerging Sector Dividend Dogs ETF 1.4 60 -24 14.7 +7.9
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.3 24 12 8.6 +1.8
BUYZ Franklin Disruptive Commerce ETF 1.3 50 -14 2.1 -4.7
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 1.3 51 -15 6.8 +0.0
MOTO SmartETFs Smart Transportation & Technology ETF 1.3 68 -32 6.6 -0.2
CIL VictoryShares International Volatility Wtd ETF 1.3 45 -9 6.9 +0.1
KOIN Capital Link Global Fintech Leaders ETF 1.3 75 -39 4.6 -2.2
UAE iShares MSCI UAE ETF 1.3 59 -23 9.0 +2.2
KXI iShares Global Consumer Staples ETF 1.2 41 -5 5.6 -1.2
SCHF Schwab International Equity ETF 1.2 6 30 7.0 +0.2
EWM iShares MSCI Malaysia ETF 1.2 50 -14 5.7 -1.1
KURE KraneShares MSCI All China Health Care Index ETF 1.2 65 -29 3.6 -3.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 1.2 45 -9 8.5 +1.7
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.2 65 -29 1.6 -5.2
CGV Conductor Global Equity Value ETF 1.1 130 -94 11.3 +4.6
KPOP KPOP and Korean Entertainment ETF 1.1 75 -39 -9.1 -15.8
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 1.1 58 -22 10.1 +3.3
CARZ First Trust NASDAQ Global Auto Index Fund 1.1 70 -34 3.5 -3.3
LUXX Roundhill S&P Global Luxury ETF 1.1 45 -9 2.7 -4.1
VEA Vanguard FTSE Developed Markets ETF 1.1 5 31 7.0 +0.2
OGIG ALPS O'Shares Global Internet Giants ETF 1.1 48 -12 0.5 -6.3
MVPS Amplify Thematic All-Stars ETF 1.1 49 -13 1.7 -5.1
KBUY KraneShares CICC China Consumer Leaders Index ETF 1.1 69 -33 0.0 -6.8
FM iShares Frontier and Select EM ETF 1.0 80 -44 9.5 +2.7
IWFH iShares Virtual Work and Life Multisector ETF 1.0 47 -11 -3.5 -10.3
IBUY Amplify Online Retail ETF 1.0 65 -29 1.8 -5.0
SPDW SPDR Portfolio Developed World ex-US ETF 1.0 3 33 6.9 +0.1
FLHK Franklin FTSE Hong Kong ETF 1.0 9 27 7.4 +0.6
VEGI iShares MSCI Agriculture Producers ETF 1.0 39 -3 9.2 +2.4
IPOS Renaissance International IPO ETF 1.0 80 -44 -168.9 -175.7
EPOL iShares MSCI Poland ETF 1.0 59 -23 10.5 +3.7
IDAT iShares Future Cloud 5G and Tech ETF 1.0 47 -11 4.5 -2.3
ETEC iShares Breakthrough Environmental Solutions ETF 0.9 47 -11 5.3 -1.5
IDV iShares International Select Dividend ETF 0.9 51 -15 12.3 +5.5
LNGG Roundhill Alerian LNG ETF 0.9 65 -29 8.5 +1.8
FPAG FPA Global Equity ETF 0.9 49 -13 5.7 -1.1
NTZG Nuveen Global Net Zero Transition ETF 0.9 56 -20 4.9 -1.9
ERTH Invesco MSCI Sustainable Future ETF 0.9 62 -26 3.7 -3.1
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.8 49 -13 6.7 -0.1
FTAG First Trust Indxx Global Agriculture ETF 0.8 70 -34 9.1 +2.4
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.8 46 -10 5.6 -1.2
TMFG Motley Fool Global Opportunities ETF 0.8 85 -49 3.3 -3.5
GLIN VanEck India Growth Leaders ETF 0.8 77 -41 5.3 -1.5
SMOG VanEck Low Carbon Energy ETF 0.8 61 -25 3.0 -3.8
BPAY BlackRock Future Financial and Technology ETF 0.7 70 -34 8.3 +1.5
BRAZ Global X Brazil Active ETF 0.7 75 -39 10.3 +3.5
EPHE iShares MSCI Philippines ETF 0.7 59 -23 8.9 +2.1
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.7 58 -22 4.6 -2.2
QAT iShares MSCI Qatar ETF 0.7 59 -23 9.3 +2.5
TUR iShares MSCI Turkey ETF 0.7 58 -22 18.6 +11.8
DFNL Davis Select Financial ETF 0.7 63 -27 6.8 +0.1
MXI iShares Global Materials ETF 0.7 41 -5 6.6 -0.1
JETS U.S. Global Jets ETF 0.6 60 -24 -15.6 -22.4
OSEA Harbor International Compounders ETF 0.6 55 -19 3.7 -3.1
ION ProShares S&P Global Core Battery Metals ETF 0.6 58 -22 11.6 +4.8
JRNY ALPS Global Travel Beneficiaries ETF 0.6 65 -29 0.0 -6.8
GREK Global X MSCI Greece ETF 0.6 57 -21 -1.6 -8.4
HAP VanEck Natural Resources ETF 0.6 50 -14 9.5 +2.7
GCOW Pacer Global Cash Cows Dividend ETF 0.6 60 -24 13.6 +6.8
CGGO Capital Group Global Growth Equity ETF 0.6 47 -11 4.3 -2.5
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.6 47 -11 5.9 -0.9
FNDC Schwab Fundamental International Small Co. Index ETF 0.6 39 -3 6.9 +0.1
BECO BlackRock Future Climate and Sustainable Economy ETF 0.5 70 -34 13.7 +6.9
DWX SPDR S&P International Dividend ETF 0.5 45 -9 7.1 +0.3
GINN Goldman Sachs Innovate Equity ETF 0.5 52 -16 2.7 -4.1
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.5 85 -49 8.1 +1.3
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.5 80 -44 11.0 +4.2
GXG Global X MSCI Colombia ETF 0.5 62 -26 15.2 +8.5
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.5 79 -43 5.1 -1.6
MOO VanEck Agribusiness ETF 0.5 53 -17 9.4 +2.6
CID VictoryShares International High Div Volatility Wtd ETF 0.5 45 -9 9.5 +2.7
ECH iShares MSCI Chile ETF 0.4 58 -22 10.7 +4.0
SIL Global X Silver Miners ETF 0.4 65 -29 2.6 -4.2
EPU iShares MSCI Peru and Global Exposure ETF 0.4 59 -23 5.5 -1.3
SUPL ProShares Supply Chain Logistics ETF 0.4 58 -22 13.1 +6.3
IQRA IQ CBRE Real Assets ETF 0.4 65 -29 5.9 -0.9
FILL iShares MSCI Global Energy Producers ETF 0.4 39 -3 9.0 +2.2
BLLD JPMorgan Sustainable Infrastructure ETF 0.4 49 -13 6.2 -0.6
LUX Tema Luxury ETF 0.3 75 -39 3.3 -3.5
PIO Invesco Global Water ETF 0.3 75 -39 4.9 -1.9
AQWA Global X Clean Water ETF 0.3 50 -14 4.3 -2.5
AWAY ETFMG Travel Tech ETF 0.3 76 -40 -4.1 -10.9
IPO Renaissance IPO ETF 0.3 60 -24 -3.2 -10.0
TRFM AAM Transformers ETF 0.3 49 -13 1.2 -5.5
UMMA Wahed Dow Jones Islamic World ETF 0.3 65 -29 4.3 -2.5
TEMP JPMorgan Climate Change Solutions ETF 0.3 49 -13 4.7 -2.1
FEP First Trust Europe AlphaDEX Fund 0.3 80 -44 8.6 +1.9
FEUZ First Trust Eurozone AlphaDEX ETF 0.3 80 -44 8.3 +1.5
CGW Invesco S&P Global Water Index ETF 0.3 57 -21 3.8 -3.0
EMIF iShares Emerging Markets Infrastructure ETF 0.3 60 -24 4.6 -2.2
IQSI IQ Candriam International Equity ETF 0.3 15 21 6.4 -0.4
RING iShares MSCI Global Gold Miners ETF 0.3 39 -3 5.7 -1.0
USVT US Value ETF 0.3 49 -13 11.3 +4.5
CZA Invesco Zacks Mid-Cap ETF 0.3 72 -36 6.3 -0.4
IDHQ Invesco S&P International Developed High Quality ETF 0.3 29 7 5.8 -1.0
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.3 70 -34 7.2 +0.5
SCHC Schwab International Small-Cap Equity ETF 0.3 11 25 6.4 -0.4
AADR AdvisorShares Dorsey Wright ADR ETF 0.3 110 -74 5.4 -1.4
EBIZ Global X E-Commerce ETF 0.3 50 -14 1.2 -5.6
APIE ActivePassive International Equity ETF 0.2 45 -9 7.7 +1.0
GLIF AGF Global Infrastructure ETF 0.2 45 -9 5.5 -1.3
RNRG Global X Renewable Energy Producers ETF 0.2 66 -30 4.9 -1.9
DMAT Global X Disruptive Materials ETF 0.2 59 -23 9.9 +3.2
CUT Invesco MSCI Global Timber ETF 0.2 61 -25 8.6 +1.8
WOOD iShares Global Timber & Forestry ETF 0.2 42 -6 9.6 +2.8
GSID Goldman Sachs MarketBeta International Equity ETF 0.2 20 16 6.7 -0.1
PNQI Invesco NASDAQ Internet ETF 0.2 60 -24 2.6 -4.2
SPEU SPDR Portfolio Europe ETF 0.2 7 29 6.6 -0.2
GMET VanEck Green Metals ETF 0.2 63 -27 9.8 +3.0
BKIE BNY Mellon International Equity ETF 0.2 4 32 6.9 +0.1
VGK Vanguard FTSE Europe ETF 0.2 11 25 6.8 +0.0
BBEU JPMorgan BetaBuilders Europe ETF 0.2 9 27 6.7 -0.1
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.2 19 17 5.8 -0.9
FLEE Franklin FTSE Europe ETF 0.2 9 27 6.8 +0.0
PBD Invesco Global Clean Energy ETF 0.2 75 -39 -3.9 -10.7
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 7 29 6.5 -0.3
ICLN iShares Global Clean Energy ETF 0.2 41 -5 4.3 -2.5
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.1 75 -39 5.2 -1.6
JXI iShares Global Utilities ETF 0.1 43 -7 6.7 -0.1
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -39 4.7 -2.1
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 0.1 65 -29 6.3 -0.5
ESPO VanEck Video Gaming and eSports ETF 0.1 56 -20 4.5 -2.3
HERO Global X Video Games & Esports ETF 0.1 50 -14 5.1 -1.7
NERD Roundhill Video Games ETF 0.1 50 -14 8.0 +1.2
DRIV Global X Autonomous & Electric Vehicles ETF 0.1 68 -32 3.4 -3.4
ZSB USCF Sustainable Battery Metals Strategy Fund 0.1 61 -25 14.8 +8.0
LITP Sprott Lithium Miners ETF 0.1 65 -29 12.4 +5.6
SETM Sprott Energy Transition Materials ETF 0.1 65 -29 5.3 -1.5
REMX VanEck Rare Earth/Strategic Metals ETF 0.1 54 -18 11.9 +5.1
GII SPDR S&P Global Infrastructure ETF 0.1 40 -4 5.0 -1.8
IGF iShares Global Infrastructure ETF 0.1 41 -5 5.0 -1.8
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.1 39 -3 7.3 +0.5
IXC iShares Global Energy ETF 0.1 44 -8 8.2 +1.4
SEA U.S. Global Sea to Sky Cargo ETF 0.1 60 -24 24.1 +17.3
ECNS iShares MSCI China Small-Cap ETF 0.1 59 -23 14.2 +7.4
VYM Vanguard High Dividend Yield Index ETF 0.1 6 30 7.3 +0.6
DIHP Dimensional International High Profitability ETF 0.1 29 7 6.9 +0.1
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.1 80 -44 5.6 -1.1
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.1 9 27 5.0 -1.8
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 26 5.4 -1.4
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.1 80 -44 14.2 +7.4
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 11 7.1 +0.3
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 -3 7.3 +0.5
FDHT Fidelity Digital Health ETF 0.0 39 -3 -2.4 -9.2
EDOC Global X Telemedicine & Digital Health ETF Registered 0.0 68 -32 -5.5 -12.3
DFAI Dimensional International Core Equity Market ETF 0.0 18 18 6.9 +0.1
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 11 7.1 +0.3
JHMD John Hancock Multifactor Developed International ETF 0.0 39 -3 7.4 +0.6
BKLC BNY Mellon US Large Cap Core Equity ETF 0.0 0 36 5.3 -1.5
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.0 7 29 5.2 -1.6
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 -3 7.6 +0.8
AGNG Global X Aging Population ETF 0.0 50 -14 4.1 -2.7
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 25 5.2 -1.6
GDXJ VanEck Junior Gold Miners ETF 0.0 52 -16 4.8 -1.9
SLVP iShares MSCI Global Silver Miners ETF 0.0 39 -3 3.8 -3.0
SILJ ETFMG Prime Junior Silver Miners ETFMG Prime Junior Silver M 0.0 69 -33 1.3 -5.5
EXI iShares Global Industrials ETF 0.0 42 -6 4.7 -2.1
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 27 5.1 -1.7
IPKW Invesco International BuyBack Achievers ETF 0.0 55 -19 9.1 +2.3
KOMP SPDR S&P Kensho New Economies Composite ETF 0.0 20 16 2.1 -4.7
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 15 3.9 -2.9
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.0 35 1 6.4 -0.4
RVRB Reverb ETF 0.0 30 6 5.0 -1.8
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 12 6.2 -0.6
ARKX ARK Space Exploration & Innovation ETF 0.0 75 -39 1.7 -5.1
SHPP Pacer Industrials and Logistics ETF 0.0 60 -24 8.9 +2.1
VCLN Virtus Duff & Phelps Clean Energy ETF 0.0 59 -23 3.5 -3.3
RAYS Global X Solar ETF 0.0 51 -15 4.7 -2.1
EFRA iShares Environmental Infrastructure and Industrials ETF 0.0 47 -11 5.2 -1.6
DIVI Franklin International Core Dividend Tilt Index ETF 0.0 9 27 8.0 +1.2
HART IQ Healthy Hearts ETF 0.0 45 -9 5.3 -1.4
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 -6 5.1 -1.7
TINT ProShares Smart Materials ETF 0.0 58 -22 5.6 -1.1
ODDS Pacer BlueStar Digital Entertainment ETF 0.0 60 -24 3.0 -3.8
NANC Unusual Whales Subversive Democratic Trading ETF 0.0 75 -39 3.8 -3.0
DFIC Dimensional International Core Equity 2 ETF 0.0 23 13 7.4 +0.6
EWX SPDR S&P Emerging Markets Small Cap ETF 0.0 65 -29 7.7 +0.9

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:

NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 10.4 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 36 bp
Equals: ALTAR Score 6.8 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

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