Xtrackers MSCI Latin America Pacific Alliance ETF
ALTAR
Score™
10.3% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
10.2x P/Sales
ratio
0.9x
P/BV
ratio
0.9x Div.
yield
4.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Xtrackers MSCI Latin America Pacific Alliance ETF tracks a market-cap-weighted index of equities from Chile, Colombia, Mexico, and Peru.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Deutsche Bank
Website dws.com
Inception date Oct 30, 2018
Assets (mns) $1
Currency USD
Expense ratio 45 bp
Distributions Semi-annual

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 136
Wgt avg mkt cap (mns) $11,256
Large cap (>$10bn) 37.2%
Mid cap ($2-10bn) 46.0%
Small cap (<$2bn) 16.8%
Developed mkts 3.1%
Emerging mkts 96.9%

TOP TEN HOLDINGS
AMERICA MOVIL SAB DE CV CLASS L 9.0 %
CREDICORP LTD 8.7 %
WALMART DE MEXICO-SER V 5.7 %
FOMENTO ECONOMICO MEXICA-UBD 5.5 %
GRUPO FINANCIERO BANORTE-O 3.2 %
ENERSIS SA 3.1 %
GRUPO MEXICO SAB DE CV-SER B 2.9 %
BANCO DE CHILE 2.3 %
SOUTHERN COPPER CORP 2.3 %
ECOPETROL SA 2.1 %
Total 44.6 %

TOP COUNTRY EXPOSURE
MEXICO 44.9 %
CHILE 20.9 %
PERU 15.0 %
COLOMBIA 13.3 %
UNITED STATES 2.3 %
CANADA 0.7 %
BRITAIN 0.3 %
SPAIN 0.1 %
PANAMA 0.0 %


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.
-37.0% -38.1% -- -- -25.8%

Market Correlations
versus... Beta R-squared
S&P500 1.18 62%
MSCI EAFE 1.42 82%
MSCI Emg. Mkts. 1.27 89%

Technical Indicators
Recent close $14.67
30d moving avg. $18.26
Annualized volatility 30.5%
Short interest (ETF) 0.0%
Relative strength (RSI) 30

Liquidity measures
Avg. volume (thou.) 0
Turnover 0.0%
Bid/Ask (% of price) 0.39%
ADV underlying (mns) $539

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the Xtrackers MSCI Latin America Pacific Alliance ETF ETF based on the alternatives' overlap in portfolio holdings with PACA. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: PACA Expense: 45 bp ALTAR Score™: 10.3%


ALTERNATIVE ETFs BASED ON OVERLAP WITH PACA
Ticker Fund
Name
Overlap1
vs PACA
(%)
Expense
ratio
(bp)
Savings
vs PACA
(bp)
ALTAR
Score™
(%)
ALTAR
vs PACA
(%)
EWW iShares MSCI Mexico Capped ETF 44.9 49 -4 12.0 +1.7
FLMX Franklin FTSE Mexico ETF 41.5 19 26 12.5 +2.2
ILF iShares Latin America 40 ETF 34.9 48 -3 9.8 -0.5
FLLA Franklin FTSE Latin America ETF 34.2 19 26 9.4 -0.9
ECH iShares MSCI Chile ETF 20.9 59 -14 9.1 -1.2
EPU iShares MSCI All Peru Capped ETF 19.8 59 -14 8.5 -1.8
ICOL iShares MSCI Colombia ETF 17.9 61 -16 10.0 -0.3
FLN First Trust Latin America AlphaDEX Fund 16.5 80 -35 8.7 -1.7
DOGS Arrow Dogs of the World ETF 15.0 134 -89 13.9 +3.6
GXG Global X MSCI Colombia ETF 14.2 61 -16 10.5 +0.2
FRDM Freedom 100 Emerging Markets ETF 10.4 49 -4 9.2 -1.1
EMFM Global X MSCI Next Emerging & Frontier ETF 8.6 55 -10 10.2 -0.1
ROAM Hartford Multifactor Emerging Markets ETF 6.4 44 1 17.8 +7.5
CEZ Victory CEMP Emerging Market Volatility Wtd Index ETF 6.2 50 -5 12.6 +2.2
EMCG WisdomTree Emerging Markets Consumer Growth Fund 6.0 32 13 9.2 -1.1
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 5.7 45 0 10.6 +0.3
RNEM Emerging Markets Equity Select ETF 5.5 75 -30 11.6 +1.3
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 5.3 49 -4 10.3 +0.0
EELV Invesco S&P Emerging Markets Low Volatility ETF 5.2 29 16 12.5 +2.2
COPX Global X Copper Miners ETF 5.1 65 -20 11.0 +0.7
EMXC iShares MSCI Emerging Markets ex China ETF 5.0 49 -4 10.3 +0.0
YLCO Global X YieldCo Index ETF 4.8 65 -20 5.3 -5.1
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 4.5 60 -15 10.1 -0.2
LVHE Legg Mason Emerging Markets Low Volatility High Dividend ETF 4.2 51 -6 13.8 +3.5
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 4.1 39 6 15.3 +5.0
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 4.0 32 13 11.4 +1.1
XCEM Columbia EM Core ex-China ETF 3.9 16 29 9.7 -0.6
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 3.9 49 -4 11.1 +0.8
EEMV iShares Edge MSCI Min Vol Emerging Markets ETF 3.7 25 20 9.7 -0.6
EMMF WisdomTree Emerging Markets Multifactor Fund 3.7 48 -3 11.8 +1.5
FDEM Fidelity Targeted Emerging Markets Factor ETF 3.5 45 0 11.6 +1.3
EDOG ALPS Emerging Sector Dividend Dogs ETF 3.5 60 -15 13.1 +2.8
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 3.4 45 0 10.3 +0.0
VIDI Vident International Equity Fund 3.4 59 -14 15.1 +4.7
FEM First Trust Emerging Markets AlphaDEX Fund 3.4 80 -35 14.7 +4.4
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 3.3 30 15 10.4 +0.1
PXH Invesco FTSE RAFI Emerging Markets ETF 3.3 50 -5 16.0 +5.7
ECON Columbia Emerging Markets Consumer ETF 3.2 59 -14 5.8 -4.5
NUEM Nuveen ESG Emerging Markets Equity ETF 3.2 45 0 9.3 -1.0
DVEM WisdomTree Emerging Markets Dividend Fund 3.1 32 13 11.0 +0.7
PBEE Invesco PureBeta FTSE Emerging Markets ETF 3.1 14 31 11.3 +1.0
SCHE Schwab Emerging Markets Equity ETF 3.0 13 32 10.3 +0.0
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 3.0 63 -18 16.2 +5.9
EEM iShares MSCI Emerging Markets ETF 3.0 68 -23 10.0 -0.3
EEMS iShares MSCI Emerging Markets Small Cap ETF 3.0 69 -24 9.9 -0.4
IEMG iShares Core MSCI Emerging Markets ETF 3.0 14 31 10.5 +0.2
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 2.9 65 -20 10.0 -0.3
SIL Global X Silver Miners ETF 2.9 65 -20 3.6 -6.7
ESGE iShares ESG MSCI EM ETF 2.8 25 20 11.6 +1.3
VWO Vanguard FTSE Emerging Markets ETF 2.8 10 35 10.5 +0.2
SPEM SPDR Portfolio Emerging Markets ETF 2.8 11 34 10.2 -0.1
JHEM John Hancock Multifactor Emerging Markets ETF 2.7 55 -10 10.8 +0.5
EWX SPDR S&P Emerging Markets Small Cap ETF 2.7 65 -20 8.7 -1.6
CEY VictoryShares Emerging Market High Dividend Volatility Wtd E 2.6 51 -6 20.4 +10.1
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 2.5 30 15 10.8 +0.5
DEM WisdomTree Emerging Markets High Dividend Fund 2.5 63 -18 16.6 +6.3
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 2.5 59 -14 13.2 +2.9
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 2.5 32 13 8.5 -1.9
AVEM Avantis Emerging Markets Equity ETF 2.4 33 12 11.7 +1.4
EDIV SPDR S&P Emerging Markets Dividend ETF 2.3 49 -4 13.3 +3.0
GDXJ VanEck Vectors Junior Gold Miners ETF 2.2 53 -8 4.8 -5.6
MXDE Nationwide Maximum Diversification Emerging Mkts Core Eq 2.2 64 -19 7.7 -2.6
LVIN Hartford Multifactor Low Volatility International Equity ETF 2.2 29 16 14.7 +4.4
ECOW Pacer Emerging Markets Cash Cows 100 ETF 2.1 70 -25 15.5 +5.2
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 2.0 20 25 9.2 -1.1
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 2.0 40 5 8.9 -1.4
SLVP iShares MSCI Global Silver Miners ETF 1.9 39 6 2.7 -7.6
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 1.9 95 -50 12.3 +2.0
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.9 70 -25 8.9 -1.4
ARGT Global X MSCI Argentina ETF 1.8 59 -14 10.5 +0.2
AGT iShares MSCI Argentina & Global Exposure ETF A 1.8 59 -14 10.5 +0.2
PICK iShares MSCI Global Metals & Mining Producers ETF 1.8 39 6 10.9 +0.6
SDEM Global X SuperDividend Emerging Markets ETF 1.7 67 -22 26.0 +15.7
SDG iShares Sustainable MSCI Global Impact ETF 1.7 49 -4 7.5 -2.8
ISEM Invesco Strategic Emerging Markets ETF 1.4 35 10 11.9 +1.6
CZA Invesco Zacks Mid-Cap ETF 1.4 76 -31 9.6 -0.7
IQDE FlexShares International Quality Dividend Defensive Index Fd 1.4 47 -2 15.5 +5.2
CUT Invesco MSCI Global Timber ETF 1.3 55 -10 12.0 +1.7
WWJD Inspire International ESG ETF 1.2 80 -35 10.8 +0.5
MXI iShares Global Materials ETF 1.2 46 -1 8.4 -1.9
FTRI First Trust Indxx Global Natural Resources Income ETF 1.2 70 -25 13.9 +3.6
KEMQ Kraneshares Emerging Markets Consumer Technology Index ETF 1.1 80 -35 2.2 -8.1
FVL First Trust Value Line 100 Exchange-Traded Fund 1.1 70 -25 5.6 -4.7
VRAI Virtus Real Asset Income ETF 1.1 55 -10 15.7 +5.4
RING iShares MSCI Global Gold Miners ETF 1.1 39 6 4.9 -5.4
DRW WisdomTree Global ex-US Real Estate Fund 1.0 58 -13 12.1 +1.8
GDX VanEck Vectors Gold Miners ETF 1.0 52 -7 4.2 -6.2
VSGX Vanguard ESG International Stock ETF 0.9 17 28 9.2 -1.2
MOTI VanEck Vectors Morningstar International Moat ETF 0.9 57 -12 10.6 +0.3
ACWX iShares MSCI ACWI ex U.S. ETF 0.9 32 13 9.4 -0.9
VEGI iShares MSCI Global Agriculture Producers ETF 0.9 39 6 7.5 -2.8
FEMS First Trust Emerging Markets Small Cap Alphadex Fund 0.9 80 -35 18.4 +8.0
INFR Legg Mason Global Infrastructure ETF 0.9 40 5 7.1 -3.3
IXUS ishares Core MSCI Total International Stock ETF 0.9 9 36 9.5 -0.8
IGRO iShares International Dividend Growth ETF 0.9 22 23 9.9 -0.4
DBAP Xtrackers MSCI Asia Pacific ex Japan Hedged Equity ETF 0.9 10 35 10.6 +0.3
HDAW Xtrackers MSCI All World ex US High Dividend Yield Hedged 0.9 20 25 13.0 +2.7
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.9 40 5 9.2 -1.2
GRES IQ Global Resources ETF 0.8 77 -32 9.2 -1.1
HAP VanEck Vectors Natural Resources ETF 0.8 50 -5 8.5 -1.8

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

  2015 2016 2017 2018 2019 2020E 2021E
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
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Xtrackers MSCI Latin America Pacific Alliance 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 9.9 %
Divided by: Fwd. P/BV 0.9 x
Less: Expense ratio 45 bp
Equals: ALTAR Score 10.3 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.61 CATEGORY
AVERAGE
1.45
 
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.