Nuveen ESG Emerging Markets Equity ETF
ALTAR
Score™		 6.7% info Recommen-
dation		 NEUTRAL
2024E    2025E
P/E
ratio		 11.9x P/Sales
ratio		 1.3x
P/BV
ratio		 1.6x Div.
yield		 2.9%


  • 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) $269
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 263
Wgt avg mkt cap (mns) $130,686
Large cap (>$10bn) 79.9%
Mid cap ($2-10bn) 20.0%
Small cap (<$2bn) 0.0%
Developed mkts 3.4%
Emerging mkts 96.6%

TOP TEN HOLDINGS
TAIWAN SEMICONDUCTOR MANUFAC 11.5 %
ALIBABA GROUP HOLDING LTD. 3.2 %
HYNIX SEMICONDUCTOR INC 2.9 %
CHINA CONSTRUCTION BANK-H 2.0 %
HDFC BANK LIMITED 2.0 %
DELTA ELECTRONICS INC 1.7 %
CHINATRUST FINANCIAL HOLDING 1.7 %
LENOVO GROUP LTD 1.5 %
IND & COMM BK OF CHINA - H 1.5 %
BAIDU, INC. CLASS A 1.4 %
Total 29.5 %

TOP COUNTRY EXPOSURE
CHINA 23.9 %
TAIWAN 19.9 %
INDIA 17.5 %
SOUTH KOREA 11.3 %
SAUDI ARABIA 4.3 %
BRAZIL 4.3 %
HONG KONG 2.2 %
SOUTH AFRICA 2.2 %
MEXICO 1.9 %
INDONESIA 1.6 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
5.1% 6.1% 3.6% -- 3.5%

Market Correlations
versus... Beta R-squared
S&P500 0.67 43%
MSCI EAFE 0.83 61%
MSCI Emg. Mkts. 1.04 98%

Technical Indicators
Recent close $28.29
30d moving avg. $29.11
Annualized volatility 18.6%
Short interest (ETF) 0.1%
Relative strength (RSI) 54

Liquidity measures
Avg. volume (thou.) 25
Turnover 0.3%
Bid/Ask (% of price) 0.83%
ADV underlying (mns) $13,119

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 410 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™: 6.7%


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 46.5 20 16 6.9 +0.2
LDEM iShares ESG MSCI EM Leaders ETF 44.0 17 19 7.5 +0.8
ESGE iShares ESG Aware MSCI EM ETF 43.5 25 11 7.4 +0.7
EMXF iShares ESG Advanced MSCI EM ETF 42.3 16 20 7.0 +0.3
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 40.0 18 18 7.0 +0.3
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 35.6 30 6 7.4 +0.7
EEMA iShares MSCI Emerging Markets Asia ETF 35.6 49 -13 6.6 -0.1
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 35.5 24 12 6.6 -0.1
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 34.5 15 21 7.3 +0.6
STXE Strive Emerging Markets Ex-China ETF 33.6 32 4 6.8 +0.1
AAXJ iShares MSCI All Country Asia ex Japan ETF 33.3 70 -34 6.3 -0.5
EEM iShares MSCI Emerging Markets ETF 33.2 69 -33 6.9 +0.1
EMXC iShares MSCI Emerging Markets ex China ETF 33.2 25 11 6.5 -0.2
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 33.1 33 3 7.1 +0.4
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 33.0 32 4 6.3 -0.4
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 32.9 66 -30 6.8 +0.0
BKEM BNY Mellon Emerging Markets Equity ETF 32.0 11 25 7.5 +0.8
XC WisdomTree Emerging Markets Ex-China Fund 32.0 32 4 5.8 -0.9
AIA iShares Asia 50 ETF 30.9 50 -14 6.7 -0.1
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 30.7 36 0 7.1 +0.4
JHEM John Hancock Multifactor Emerging Markets ETF 30.1 49 -13 8.1 +1.3
EMGF iShares Emerging Markets Equity Factor ETF 30.0 25 11 8.7 +2.0
PXH Invesco FTSE RAFI Emerging Markets ETF 29.2 49 -13 12.7 +6.0
SCHE Schwab Emerging Markets Equity ETF 28.9 11 25 7.3 +0.6
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 28.9 45 -9 7.9 +1.2
IEMG iShares Core MSCI Emerging Markets ETF 28.7 9 27 7.5 +0.8
XCEM Columbia EM Core ex-China ETF 28.1 16 20 7.2 +0.5
SPEM SPDR Portfolio Emerging Markets ETF 27.0 7 29 7.4 +0.7
DFAE Dimensional Emerging Core Equity Market ETF 26.9 35 1 7.4 +0.6
FLAX Franklin FTSE Asia Ex Japan ETF 26.8 19 17 7.0 +0.3
EMDM First Trust Bloomberg Emerging Market Democracies ETF 26.8 75 -39 7.4 +0.7
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 26.2 39 -3 12.3 +5.6
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 25.7 32 4 6.6 -0.1
BKF iShares MSCI BIC ETF 25.1 69 -33 7.3 +0.6
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 24.9 30 6 7.9 +1.1
DEHP Dimensional Emerging Markets High Profitability ETF 24.6 41 -5 6.6 -0.1
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 23.2 40 -4 6.7 -0.0
EMMF WisdomTree Emerging Markets Multifactor Fund 22.7 48 -12 9.0 +2.3
MINV Matthews Asia Innovators Active ETF 22.3 79 -43 1.0 -5.7
MEM Matthews Emerging Markets Equity Active ETF 21.9 79 -43 5.8 -0.9
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 21.7 88 -52 5.4 -1.3
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 21.5 41 -5 7.5 +0.8
DFEM Dimensional Emerging Markets Core Equity 2 ETF 21.2 38 -2 8.1 +1.3
GMF SPDR S&P Emerging Asia Pacific ETF 21.1 49 -13 6.2 -0.5
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 20.0 59 -23 9.2 +2.5
MCHI iShares MSCI China ETF 19.9 59 -23 9.1 +2.4
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 19.8 50 -14 10.9 +4.2
EWT iShares MSCI Taiwan ETF 19.7 58 -22 5.3 -1.5
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 19.5 25 11 6.5 -0.2
FLTW Franklin FTSE Taiwan ETF 19.5 19 17 5.6 -1.1
FLCH Franklin FTSE China ETF 19.2 19 17 9.8 +3.1
KALL KraneShares MSCI All China Index ETF 18.8 49 -13 9.7 +3.0
DFEV Dimensional Emerging Markets Value ETF 18.1 43 -7 11.1 +4.4
ROAM Hartford Multifactor Emerging Markets ETF 18.0 44 -8 11.3 +4.6
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 17.9 95 -59 10.6 +3.9
VWO Vanguard FTSE Emerging Markets ETF 17.3 8 28 7.2 +0.5
FXI iShares China Large-Cap ETF 16.6 74 -38 9.7 +3.0
GXC SPDR S&P China ETF 16.4 59 -23 9.1 +2.4
RNEM First Trust Emerging Markets Equity Select ETF 16.2 75 -39 5.9 -0.8
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 16.2 44 -8 10.3 +3.6
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 16.0 60 -24 0.5 -6.2
INDA iShares MSCI India ETF 15.6 65 -29 4.5 -2.2
CXSE WisdomTree China ex-State-Owned Enterprises Fund 15.1 32 4 6.8 +0.0
FDEM Fidelity Emerging Markets Multifactor ETF 14.8 25 11 11.4 +4.6
FLIN Franklin FTSE India ETF 14.4 19 17 5.1 -1.7
EMC Global X Emerging Markets Great Consumer ETF 14.2 75 -39 4.8 -1.9
AVEM Avantis Emerging Markets Equity ETF 13.9 33 3 8.8 +2.1
PIN Invesco India ETF 13.8 78 -42 4.7 -2.0
DEM WisdomTree Emerging Markets High Dividend Fund 13.8 63 -27 12.6 +5.9
JCHI JPMorgan Active China ETF 13.5 65 -29 8.5 +1.7
ECON Columbia Emerging Markets Consumer ETF 12.2 49 -13 5.1 -1.7
EEMO Invesco S&P Emerging Markets Momentum ETF 12.2 29 7 6.1 -0.6
MCH Matthews China Active ETF 12.0 79 -43 6.4 -0.3
FRDM Freedom 100 Emerging Markets ETF 11.9 49 -13 6.7 -0.1
UEVM VictoryShares Emerging Markets Value Momentum ETF 11.7 45 -9 10.9 +4.2
CHAT Roundhill Generative AI & Technology ETF 11.3 75 -39 4.1 -2.7
EWY iShares MSCI South Korea ETF 10.9 58 -22 8.4 +1.7
EPI WisdomTree India Earnings Fund 10.8 85 -49 6.2 -0.5
FLKR Franklin FTSE South Korea ETF 10.7 9 27 9.3 +2.6
INDY iShares India 50 ETF 10.6 89 -53 4.8 -1.9
NFTY First Trust India NIFTY 50 Equal Weight ETF 10.4 80 -44 6.1 -0.6
FBOT Fidelity Disruptive Automation ETF 10.3 50 -14 3.8 -2.9
EMM Global X Emerging Markets ex-China ETF 10.3 75 -39 3.8 -2.9
ACWX iShares MSCI ACWI ex U.S. ETF 10.2 34 2 6.8 +0.1
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 10.1 86 -50 2.0 -4.7
TCHI iShares MSCI China Multisector Tech ETF 10.0 59 -23 2.2 -4.5
KNCT Invesco Next Gen Connectivity ETF 9.9 40 -4 5.7 -1.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 9.8 41 -5 6.7 -0.0
KTEC KraneShares Hang Seng TECH Index ETF 9.6 69 -33 -4.1 -10.8
VSGX Vanguard ESG International Stock ETF 9.5 12 24 6.5 -0.2
EELV Invesco S&P Emerging Markets Low Volatility ETF 9.4 29 7 8.3 +1.6
DSTX Distillate International Fundamental Stability & Value ETF 9.0 55 -19 8.6 +1.9
AVES Avantis Emerging Markets Value ETF 8.9 36 0 10.9 +4.2
IXUS iShares Core MSCI Total International Stock ETF 8.8 7 29 7.0 +0.3
VEU Vanguard FTSE All-World ex-US Index Fund 8.4 8 28 7.0 +0.3
EDIV SPDR S&P Emerging Markets Dividend ETF 8.4 49 -13 10.5 +3.8
CGXU Capital Group International Focus Equity ETF 8.3 54 -18 5.1 -1.6
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 8.2 42 -6 7.4 +0.7
FDNI First Trust Dow Jones International Internet ETF 8.1 65 -29 3.0 -3.8
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 8.1 20 16 10.2 +3.5
IWTR iShares MSCI Water Management Multisector ETF 8.0 47 -11 4.9 -1.8
KWEB KraneShares CSI China Internet ETF 7.6 69 -33 -0.9 -7.6
VXUS Vanguard Total International Stock ETF 7.6 7 29 6.9 +0.2
ADIV SmartETFs Asia Pacific Dividend Builder ETF 7.3 78 -42 9.3 +2.6
JIG JPMorgan International Growth ETF 7.1 55 -19 4.3 -2.5
IQDF FlexShares International Quality Dividend Index Fund 7.1 47 -11 8.9 +2.2
GBUY Goldman Sachs Future Consumer Equity ETF 7.0 75 -39 3.7 -3.1
CHIQ Global X MSCI China Consumer Discretionary ETF 6.8 65 -29 6.0 -0.7
FLLA Franklin FTSE Latin America ETF 6.6 19 17 12.9 +6.2
ACWV iShares MSCI Global Min Vol Factor ETF 6.5 20 16 6.2 -0.5
CLNR IQ Cleaner Transport ETF 6.4 45 -9 6.3 -0.4
CWI SPDR MSCI ACWI ex-US ETF 6.4 30 6 6.7 +0.0
FEM First Trust Emerging Markets AlphaDEX Fund 6.4 80 -44 14.2 +7.5
VYMI Vanguard International High Dividend Yield ETF 6.3 22 14 9.6 +2.8
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 6.3 60 -24 9.7 +3.0
IQDY FlexShares International Quality Dividend Dynamic Index Fund 6.2 47 -11 9.1 +2.4
DVYE iShares Emerging Markets Dividend ETF 6.0 49 -13 15.5 +8.8
NTZG Nuveen Global Net Zero Transition ETF 5.8 56 -20 4.8 -1.9
IXN iShares Global Tech ETF 5.7 41 -5 4.3 -2.4
RODE Hartford Multifactor Diversified International ETF 5.6 29 7 11.4 +4.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 5.5 30 6 7.9 +1.1
FCA First Trust China AlphaDEX Fund 5.4 80 -44 18.1 +11.4
SCHY Schwab International Dividend Equity ETF 5.4 14 22 8.9 +2.2
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 5.0 80 -44 8.2 +1.5
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 5.0 90 -54 6.3 -0.4
WRND IQ Global Equity R&D Leaders ETF 4.8 18 18 7.1 +0.4
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 4.8 68 -32 8.3 +1.5
NXTG First Trust Indxx NextG ETF 4.5 70 -34 5.9 -0.8
XT iShares Exponential Technologies ETF 4.5 46 -10 4.7 -2.0
NDIA Global X India Active ETF 4.4 75 -39 6.4 -0.3
MOTI VanEck Morningstar International Moat ETF 4.4 58 -22 6.2 -0.5
LEGR First Trust Indxx Innovative Transaction & Process ETF 4.3 65 -29 8.3 +1.6
FLSA Franklin FTSE Saudi Arabia ETF 4.3 39 -3 5.7 -1.0
KSA iShares MSCI Saudi Arabia ETF 4.3 74 -38 5.7 -1.0
CRBN iShares MSCI ACWI Low Carbon Target ETF 4.2 20 16 5.3 -1.4
FLBR Franklin FTSE Brazil ETF 4.2 19 17 13.6 +6.9
FLN First Trust Latin America AlphaDEX Fund 4.1 80 -44 9.9 +3.1
IQDE FlexShares International Quality Dividend Defensive Index ET 3.9 47 -11 8.2 +1.5
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 3.8 65 -29 9.0 +2.3
GTEK Goldman Sachs Future Tech Leaders Equity ETF 3.8 75 -39 3.1 -3.6
SDEM Global X MSCI SuperDividend Emerging Markets ETF 3.8 67 -31 17.6 +10.8
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 3.8 45 -9 5.8 -0.9
CNYA iShares MSCI China A ETF 3.7 60 -24 8.9 +2.2
VIDI Vident International Equity Strategy ETF 3.7 61 -25 11.9 +5.1
ACWI iShares MSCI ACWI ETF 3.7 32 4 5.5 -1.3
JGLO JPMorgan Global Select Equity ETF 3.7 33 3 4.5 -2.2
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 3.7 47 -11 1.9 -4.8
DEW WisdomTree Global High Dividend Fund 3.7 58 -22 8.7 +2.0
DGIN VanEck Digital India ETF 3.6 71 -35 1.3 -5.4
EWZ iShares MSCI Brazil ETF 3.6 58 -22 13.0 +6.3
IGRO iShares International Dividend Growth ETF 3.6 15 21 7.1 +0.4
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.4 12 24 4.8 -1.9
ILF iShares Latin America 40 ETF 3.3 48 -12 11.3 +4.6
BTEK Future Tech ETF 3.3 88 -52 2.3 -4.5
GLOF iShares Global Equity Factor ETF 3.3 20 16 7.2 +0.5
MOTG VanEck Morningstar Global Wide Moat ETF 3.3 52 -16 5.7 -1.1
VT Vanguard Total World Stock ETF 3.2 7 29 5.8 -1.0
EMFQ Amplify Emerging Markets FinTech ETF 3.2 69 -33 5.7 -1.1
AGQI First Trust Active Global Quality Income ETF 3.2 85 -49 5.4 -1.3
FBZ First Trust Brazil AlphaDEX Fund 3.2 80 -44 12.3 +5.6
RXI iShares Global Consumer Discretionary ETF 3.2 41 -5 5.8 -0.9
IGPT Invesco AI and Next Gen Software ETF 3.1 60 -24 4.3 -2.4
EEMD AAM S&P Emerging Markets High Dividend Value ETF 3.0 49 -13 18.2 +11.4
UIVM VictoryShares International Value Momentum ETF 3.0 35 1 10.5 +3.7
LOUP Innovator Deepwater Frontier Tech ETF 2.9 70 -34 1.9 -4.8
VIGI Vanguard International Dividend Appreciation ETF 2.9 15 21 5.7 -1.0
INDF Nifty India Financials ETF 2.9 75 -39 5.3 -1.4
VPL Vanguard FTSE Pacific ETF 2.9 8 28 6.9 +0.2
GSFP Goldman Sachs Future Planet Equity ETF 2.9 75 -39 4.5 -2.3
IXG iShares Global Financials ETF 2.9 42 -6 6.6 -0.1
AFTY Pacer CSOP FTSE China A50 ETF 2.9 70 -34 9.6 +2.8
RAYC Rayliant Quantamental China Equity ETF 2.8 80 -44 8.9 +2.2
ASEA Global X FTSE Southeast Asia ETF 2.8 65 -29 6.3 -0.4
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 2.8 55 -19 8.9 +2.2
CGRO CoreValues Alpha Greater China Growth ETF 2.7 75 -39 0.0 -6.7
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 2.7 86 -50 1.6 -5.1
CQQQ Invesco China Technology ETF 2.5 70 -34 -6.9 -13.7
ECOW Pacer Emerging Markets Cash Cows 100 ETF 2.5 70 -34 9.3 +2.6
JPIN J.P. Morgan Diversified Return International Equity ETF 2.5 37 -1 8.5 +1.7
IVRS iShares Future Metaverse Tech and Communications ETF 2.5 47 -11 -3.9 -10.6
JSTC Adasina Social Justice All Cap Global ETF 2.5 89 -53 4.9 -1.9
KGRN KraneShares MSCI China Clean Technology Index ETF 2.4 79 -43 6.5 -0.2
BNE Blue Horizon BNE ETF 2.4 87 -51 5.2 -1.5
FDT First Trust Developed Markets ex-US AlphaDEX Fund 2.4 80 -44 8.1 +1.4
FID First Trust S&P International Dividend Aristocrats ETF 2.4 60 -24 9.4 +2.7
OND ProShares On-Demand ETF 2.4 58 -22 -2.2 -8.9
WTAI WisdomTree Artificial Intelligence and Innovation Fund 2.4 45 -9 3.2 -3.5
EYLD Cambria Emerging Shareholder Yield ETF 2.3 66 -30 13.1 +6.4
WBAT WisdomTree Battery Value Chain and Innovation Fund 2.3 45 -9 -0.5 -7.2
EV Mast Global Battery Recycling & Production ETF 2.3 65 -29 13.2 +6.4
ANEW ProShares MSCI Transformational Changes ETF 2.2 45 -9 3.6 -3.1
WWJD Inspire International ETF 2.2 80 -44 6.9 +0.2
EZA iShares MSCI South Africa ETF 2.2 58 -22 10.5 +3.7
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 2.1 72 -36 0.1 -6.6
PICK iShares MSCI Global Metals & Mining Producers ETF 2.1 39 -3 12.7 +6.0
WDIV SPDR S&P Global Dividend ETF 2.1 40 -4 9.6 +2.9
OBOR KraneShares MSCI One Belt One Road Index ETF 2.0 79 -43 9.9 +3.2
AIQ Global X Artificial Intelligence & Technology ETF 2.0 68 -32 4.0 -2.7
AFK VanEck Africa Index ETF 2.0 98 -62 8.8 +2.1
GGME Invesco Next Gen Media and Gaming ETF 1.9 60 -24 3.9 -2.8
IXP iShares Global Comm Services ETF 1.9 42 -6 5.4 -1.3
EWW iShares MSCI Mexico ETF 1.9 50 -14 11.7 +5.0
SOCL Global X Social Media ETF 1.9 65 -29 -6.1 -12.8
SDG iShares MSCI Global Sustainable Development Goals ETF 1.9 49 -13 5.6 -1.1
FLHK Franklin FTSE Hong Kong ETF 1.8 9 27 7.4 +0.7
LIT Global X Lithium & Battery Tech ETF 1.8 75 -39 14.0 +7.3
BATT Amplify Lithium & Battery Technology ETF 1.8 59 -23 0.6 -6.2
CRAK VanEck Oil Refiners ETF 1.8 61 -25 13.9 +7.2
FLMX Franklin FTSE Mexico ETF 1.7 19 17 13.7 +7.0
GVAL Cambria Global Value ETF 1.7 68 -32 12.9 +6.2
METV Roundhill Ball Metaverse ETF 1.7 59 -23 3.4 -3.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.7 9 27 5.7 -1.1
FNDF Schwab Fundamental International Large Co. Index ETF 1.7 25 11 9.3 +2.5
INQQ India Internet & Ecommerce ETF 1.6 86 -50 2.6 -4.1
IDX VanEck Indonesia Index ETF 1.6 57 -21 8.3 +1.6
BLES Inspire Global Hope ETF 1.5 61 -25 6.4 -0.4
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.5 12 24 8.0 +1.3
FDRV Fidelity Electric Vehicles and Future Transportation ETF 1.5 39 -3 -2.7 -9.5
IDRV iShares Self-driving EV & Tech ETF 1.5 47 -11 -0.4 -7.2
HFXI IQ FTSE International Equity Currency Neutral ETF 1.5 20 16 6.8 +0.1
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.5 46 -10 9.3 +2.6
EWM iShares MSCI Malaysia ETF 1.5 50 -14 5.4 -1.3
DGT SPDR Global Dow ETF 1.5 50 -14 6.6 -0.1
TPIF Timothy Plan International ETF 1.5 62 -26 6.5 -0.2
TTAI FCF International Quality ETF 1.5 59 -23 6.6 -0.1
MOTO SmartETFs Smart Transportation & Technology ETF 1.5 68 -32 7.1 +0.4
DINT Davis Select International ETF 1.4 55 -19 6.2 -0.5
DWLD Davis Select Worldwide ETF 1.4 63 -27 7.0 +0.2
ARVR First Trust Indxx Metaverse ETF 1.4 70 -34 1.7 -5.0
ROBO ROBO Global Robotics & Automation Index ETF 1.4 95 -59 3.3 -3.5
FMET Fidelity Metaverse ETF 1.3 39 -3 5.1 -1.6
EIDO iShares MSCI Indonesia ETF 1.3 59 -23 7.1 +0.4
INCO Columbia India Consumer ETF 1.3 75 -39 1.5 -5.2
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 1.3 58 -22 9.9 +3.2
CARZ First Trust NASDAQ Global Auto Index Fund 1.3 70 -34 2.9 -3.8
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.3 24 12 8.3 +1.6
SCHF Schwab International Equity ETF 1.3 6 30 7.1 +0.4
QINT American Century Quality Diversified International ETF 1.2 39 -3 7.7 +0.9
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.2 65 -29 1.3 -5.5
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 1.2 45 -9 8.6 +1.9
UAE iShares MSCI UAE ETF 1.2 59 -23 9.1 +2.4
ISHP First Trust Nasdaq Retail ETF 1.2 60 -24 3.2 -3.5
CGUS Capital Group Core Equity ETF 1.2 33 3 4.6 -2.1
FTAG First Trust Indxx Global Agriculture ETF 1.2 70 -34 9.2 +2.5
VEA Vanguard FTSE Developed Markets ETF 1.2 5 31 6.9 +0.2
IBUY Amplify Online Retail ETF 1.2 65 -29 1.5 -5.2
KXI iShares Global Consumer Staples ETF 1.1 41 -5 5.5 -1.2
KURE KraneShares MSCI All China Health Care Index ETF 1.1 65 -29 4.9 -1.8
BNGE First Trust S-Network Streaming and Gaming ETF 1.1 70 -34 -2.1 -8.9
SMOG VanEck Low Carbon Energy ETF 1.1 61 -25 2.7 -4.0
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.1 56 -20 13.6 +6.9
SPDW SPDR Portfolio Developed World ex-US ETF 1.0 3 33 6.8 +0.1
IWFH iShares Virtual Work and Life Multisector ETF 1.0 47 -11 -4.2 -10.9
CIL VictoryShares International Volatility Wtd ETF 1.0 45 -9 6.8 +0.1
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 1.0 51 -15 6.7 +0.0
MVPS Amplify Thematic All-Stars ETF 1.0 49 -13 3.1 -3.7
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.0 10 26 7.6 +0.9
LNGG Roundhill Alerian LNG ETF 1.0 65 -29 8.5 +1.8
OGIG ALPS O'Shares Global Internet Giants ETF 1.0 48 -12 0.6 -6.1
EPOL iShares MSCI Poland ETF 0.9 59 -23 10.5 +3.7
VEGI iShares MSCI Agriculture Producers ETF 0.9 39 -3 9.5 +2.7
BRAZ Global X Brazil Active ETF 0.9 75 -39 10.2 +3.5
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.9 46 -10 5.4 -1.4
EDOG ALPS Emerging Sector Dividend Dogs ETF 0.9 60 -24 12.7 +6.0
KPOP KPOP and Korean Entertainment ETF 0.8 75 -39 -9.1 -15.8
ICLN iShares Global Clean Energy ETF 0.8 41 -5 4.8 -2.0
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.8 49 -13 6.4 -0.3
IDV iShares International Select Dividend ETF 0.8 51 -15 12.0 +5.3
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.8 58 -22 4.7 -2.0
TUR iShares MSCI Turkey ETF 0.8 58 -22 17.4 +10.7
FPAG FPA Global Equity ETF 0.8 49 -13 5.5 -1.3
BECO BlackRock Future Climate and Sustainable Economy ETF 0.8 70 -34 12.8 +6.1
TEMP JPMorgan Climate Change Solutions ETF 0.8 49 -13 5.3 -1.4
BUYZ Franklin Disruptive Commerce ETF 0.8 50 -14 2.2 -4.6
PGJ Invesco Golden Dragon China ETF 0.8 70 -34 5.4 -1.3
GLIN VanEck India Growth Leaders ETF 0.7 77 -41 5.7 -1.0
CGW Invesco S&P Global Water Index ETF 0.7 57 -21 3.7 -3.0
EPHE iShares MSCI Philippines ETF 0.7 59 -23 8.7 +1.9
DFNL Davis Select Financial ETF 0.7 63 -27 7.2 +0.4
LUXX Roundhill S&P Global Luxury ETF 0.6 45 -9 3.0 -3.7
DWX SPDR S&P International Dividend ETF 0.6 45 -9 6.6 -0.1
QAT iShares MSCI Qatar ETF 0.6 59 -23 9.9 +3.2
ETEC iShares Breakthrough Environmental Solutions ETF 0.6 47 -11 8.0 +1.3
GCOW Pacer Global Cash Cows Dividend ETF 0.6 60 -24 12.1 +5.4
BLLD JPMorgan Sustainable Infrastructure ETF 0.6 49 -13 5.6 -1.1
GXG Global X MSCI Colombia ETF 0.6 62 -26 14.7 +8.0
FILL iShares MSCI Global Energy Producers ETF 0.6 39 -3 10.0 +3.3
OSEA Harbor International Compounders ETF 0.6 55 -19 3.9 -2.8
GREK Global X MSCI Greece ETF 0.6 57 -21 -3.6 -10.3
BPAY BlackRock Future Financial and Technology ETF 0.6 70 -34 8.9 +2.2
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.6 47 -11 5.7 -1.0
ECH iShares MSCI Chile ETF 0.5 58 -22 9.6 +2.9
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.5 79 -43 4.9 -1.8
UMMA Wahed Dow Jones Islamic World ETF 0.5 65 -29 4.6 -2.2
IMFL Invesco International Developed Dynamic Multifactor ETF 0.5 34 2 10.8 +4.0
HAP VanEck Natural Resources ETF 0.5 50 -14 10.0 +3.3
FNDC Schwab Fundamental International Small Co. Index ETF 0.5 39 -3 7.0 +0.3
JETS U.S. Global Jets ETF 0.5 60 -24 -15.6 -22.4
OCEN IQ Clean Oceans ETF 0.5 45 -9 5.6 -1.1
IQRA IQ CBRE Real Assets ETF 0.5 65 -29 5.5 -1.2
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.5 80 -44 9.4 +2.7
SUPL ProShares Supply Chain Logistics ETF 0.5 58 -22 14.1 +7.4
MXI iShares Global Materials ETF 0.5 41 -5 6.8 +0.1
SIL Global X Silver Miners ETF 0.4 65 -29 2.4 -4.3
JRNY ALPS Global Travel Beneficiaries ETF 0.4 65 -29 -1.2 -8.0
CGGO Capital Group Global Growth Equity ETF 0.4 47 -11 4.8 -2.0
SAGP Strategas Global Policy Opportunities ETF 0.4 65 -29 5.3 -1.4
EPU iShares MSCI Peru and Global Exposure ETF 0.4 59 -23 6.0 -0.7
GMET VanEck Green Metals ETF 0.4 63 -27 10.6 +3.9
EMIF iShares Emerging Markets Infrastructure ETF 0.4 60 -24 4.6 -2.1
ERTH Invesco MSCI Sustainable Future ETF 0.4 62 -26 3.2 -3.5
GINN Goldman Sachs Innovate Equity ETF 0.4 52 -16 2.7 -4.0
CGV Conductor Global Equity Value ETF 0.4 130 -94 10.5 +3.8
AQWA Global X Clean Water ETF 0.4 50 -14 4.1 -2.6
PIO Invesco Global Water ETF 0.4 75 -39 5.8 -0.9
TMFG Motley Fool Global Opportunities ETF 0.3 85 -49 3.4 -3.3
MOO VanEck Agribusiness ETF 0.3 53 -17 9.6 +2.9
SHPP Pacer Industrials and Logistics ETF 0.3 60 -24 8.5 +1.8
PBD Invesco Global Clean Energy ETF 0.3 75 -39 -7.0 -13.7
CID VictoryShares International High Div Volatility Wtd ETF 0.3 45 -9 9.0 +2.3
FEP First Trust Europe AlphaDEX Fund 0.3 80 -44 5.5 -1.2
FEUZ First Trust Eurozone AlphaDEX ETF 0.3 80 -44 4.3 -2.4
ION ProShares S&P Global Core Battery Metals ETF 0.3 58 -22 13.0 +6.3
SETM Sprott Energy Transition Materials ETF 0.3 65 -29 6.4 -0.3
RING iShares MSCI Global Gold Miners ETF 0.3 39 -3 5.6 -1.1
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.3 80 -44 13.4 +6.7
AWAY ETFMG Travel Tech ETF 0.3 76 -40 -4.3 -11.0
LUX Tema Luxury ETF 0.3 75 -39 3.9 -2.9
APIE ActivePassive International Equity ETF 0.2 45 -9 7.6 +0.8
DRIV Global X Autonomous & Electric Vehicles ETF 0.2 68 -32 5.7 -1.1
CZA Invesco Zacks Mid-Cap ETF 0.2 72 -36 6.4 -0.4
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 0.2 65 -29 7.0 +0.3
RNRG Global X Renewable Energy Producers ETF 0.2 66 -30 4.6 -2.1
SPEU SPDR Portfolio Europe ETF 0.2 7 29 6.6 -0.2
VGK Vanguard FTSE Europe ETF 0.2 11 25 6.7 -0.1
DIVI Franklin International Core Dividend Tilt Index ETF 0.2 9 27 7.6 +0.9
FPXI First Trust International Equity Opportunities ETF 0.2 70 -34 4.0 -2.7
IPOS Renaissance International IPO ETF 0.2 80 -44 -0.6 -7.3
IQSI IQ Candriam International Equity ETF 0.2 15 21 6.4 -0.4
EBIZ Global X E-Commerce ETF 0.2 50 -14 1.2 -5.5
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.2 85 -49 8.7 +2.0
BBEU JPMorgan BetaBuilders Europe ETF 0.2 9 27 6.9 +0.2
PNQI Invesco NASDAQ Internet ETF 0.2 60 -24 2.6 -4.1
CUT Invesco MSCI Global Timber ETF 0.2 61 -25 8.2 +1.5
WOOD iShares Global Timber & Forestry ETF 0.2 42 -6 9.4 +2.7
FLEE Franklin FTSE Europe ETF 0.2 9 27 6.9 +0.2
GSID Goldman Sachs MarketBeta International Equity ETF 0.2 20 16 6.7 -0.1
CTEC Global X CleanTech ETF 0.2 50 -14 2.5 -4.2
DMAT Global X Disruptive Materials ETF 0.2 59 -23 12.1 +5.3
BKIE BNY Mellon International Equity ETF 0.2 4 32 6.9 +0.2
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.1 19 17 5.7 -1.0
IPO Renaissance IPO ETF 0.1 60 -24 -2.0 -8.7
TRFM AAM Transformers ETF 0.1 49 -13 1.5 -5.2
IGF iShares Global Infrastructure ETF 0.1 41 -5 4.8 -1.9
GII SPDR S&P Global Infrastructure ETF 0.1 40 -4 4.8 -1.9
IDHQ Invesco S&P International Developed High Quality ETF 0.1 29 7 6.2 -0.5
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.1 70 -34 3.8 -2.9
JXI iShares Global Utilities ETF 0.1 43 -7 6.3 -0.4
SCHC Schwab International Small-Cap Equity ETF 0.1 11 25 6.2 -0.5
ESPO VanEck Video Gaming and eSports ETF 0.1 56 -20 4.2 -2.6
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.1 75 -39 5.0 -1.7
HERO Global X Video Games & Esports ETF 0.1 50 -14 4.3 -2.5
NERD Roundhill Video Games ETF 0.1 50 -14 7.0 +0.2
SEA U.S. Global Sea to Sky Cargo ETF 0.1 60 -24 17.7 +11.0
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 7 29 6.4 -0.4
ECNS iShares MSCI China Small-Cap ETF 0.1 59 -23 14.5 +7.8
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.1 39 -3 7.7 +0.9
IXC iShares Global Energy ETF 0.1 44 -8 9.1 +2.4
REMX VanEck Rare Earth/Strategic Metals ETF 0.1 54 -18 14.2 +7.5
ZSB USCF Sustainable Battery Metals Strategy Fund 0.1 61 -25 19.9 +13.2
LITP Sprott Lithium Miners ETF 0.1 65 -29 17.0 +10.3
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -39 4.3 -2.4
VYM Vanguard High Dividend Yield Index ETF 0.1 6 30 7.1 +0.4
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.1 70 -34 7.2 +0.5
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.1 80 -44 3.5 -3.3
CNXT VanEck ChiNext ETF 0.1 65 -29 3.9 -2.9
AGNG Global X Aging Population ETF 0.1 50 -14 3.9 -2.8
DIHP Dimensional International High Profitability ETF 0.1 29 7 7.4 +0.7
MDEV First Trust Indxx Medical Devices ETF 0.0 70 -34 4.3 -2.4
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.0 9 27 4.9 -1.8
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 -3 7.1 +0.4
EFRA iShares Environmental Infrastructure and Industrials ETF 0.0 47 -11 4.9 -1.8
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.0 10 26 5.5 -1.3
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 11 7.1 +0.4
GDXJ VanEck Junior Gold Miners ETF 0.0 52 -16 4.5 -2.2
SILJ ETFMG Prime Junior Silver Miners ETF 0.0 69 -33 1.4 -5.4
SLVP iShares MSCI Global Silver Miners ETF 0.0 39 -3 3.1 -3.6
IPKW Invesco International BuyBack Achievers ETF 0.0 55 -19 9.5 +2.8
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 11 7.0 +0.3
JHMD John Hancock Multifactor Developed International ETF 0.0 39 -3 7.4 +0.7
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 27 5.1 -1.6
BKLC BNY Mellon US Large Cap Core Equity ETF 0.0 0 36 5.3 -1.4
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.0 7 29 5.2 -1.5
HART IQ Healthy Hearts ETF 0.0 45 -9 5.2 -1.5
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 25 5.2 -1.5
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 -3 7.2 +0.5
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 15 4.0 -2.7
EXI iShares Global Industrials ETF 0.0 42 -6 4.9 -1.8
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.0 35 1 6.2 -0.6
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 -6 5.2 -1.5
RVRB Reverb ETF 0.0 30 6 5.0 -1.7
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 12 6.1 -0.6
RAYS Global X Solar ETF 0.0 51 -15 7.1 +0.4
VCLN Virtus Duff & Phelps Clean Energy ETF 0.0 59 -23 3.4 -3.3
TINT ProShares Smart Materials ETF 0.0 58 -22 5.6 -1.1
ODDS Pacer BlueStar Digital Entertainment ETF 0.0 60 -24 2.3 -4.4
DFAI Dimensional International Core Equity Market ETF 0.0 18 18 7.0 +0.3
NANC Unusual Whales Subversive Democratic Trading ETF 0.0 75 -39 3.9 -2.8
EWX SPDR S&P Emerging Markets Small Cap ETF 0.0 65 -29 7.1 +0.4
DFIC Dimensional International Core Equity 2 ETF 0.0 23 13 7.5 +0.7

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 6.7 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.46 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.