Xtrackers MSCI Latin America Pacific Alliance ETF
ALTAR
Score™
8.3% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
17.4x P/Sales
ratio
1.1x
P/BV
ratio
1.1x Div.
yield
3.3%


  • 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) $2
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 124
Wgt avg mkt cap (mns) $12,732
Large cap (>$10bn) 37.8%
Mid cap ($2-10bn) 48.0%
Small cap (<$2bn) 14.2%
Developed mkts 4.2%
Emerging mkts 95.8%

TOP TEN HOLDINGS
AMERICA MOVIL SAB DE CV CLASS L 9.1 %
CREDICORP LTD 8.8 %
WALMART DE MEXICO-SER V 5.3 %
FOMENTO ECONOMICO MEXICA-UBD 5.1 %
GRUPO FINANCIERO BANORTE-O 3.8 %
SOUTHERN COPPER CORP 3.3 %
GRUPO MEXICO SAB DE CV-SER B 3.0 %
ENERSIS SA 2.3 %
CIA DE MINAS BUENAVENTUR-ADR 1.9 %
CEMEX SAB-CPO 1.8 %
Total 44.4 %

TOP COUNTRY EXPOSURE
MEXICO 47.4 %
CHILE 16.9 %
PERU 16.4 %
COLOMBIA 11.2 %
UNITED STATES 3.2 %
CANADA 0.6 %
BRITAIN 0.6 %
SPAIN 0.1 %



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.
-28.8% -29.6% -- -- -16.0%

Market Correlations
versus... Beta R-squared
S&P500 1.08 63%
MSCI EAFE 1.36 83%
MSCI Emg. Mkts. 1.12 84%

Technical Indicators
Recent close $17.45
30d moving avg. $17.94
Annualized volatility 29.1%
Short interest (ETF) 0.0%
Relative strength (RSI) 54

Liquidity measures
Avg. volume (thou.) 0
Turnover 0.0%
Bid/Ask (% of price) 0.23%
ADV underlying (mns) $1,825

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 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™: 8.3%


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 47.5 49 -4 8.8 +0.5
FLMX Franklin FTSE Mexico ETF 44.1 19 26 9.8 +1.5
ILF iShares Latin America 40 ETF 32.0 48 -3 6.8 -1.5
FLLA Franklin FTSE Latin America ETF 31.1 19 26 6.7 -1.6
FLN First Trust Latin America AlphaDEX Fund 24.8 80 -35 7.9 -0.4
EPU iShares MSCI All Peru Capped ETF 22.6 59 -14 5.8 -2.5
ECH iShares MSCI Chile ETF 16.6 59 -14 7.5 -0.8
ICOL iShares MSCI Colombia ETF 15.0 61 -16 9.6 +1.3
GXG Global X MSCI Colombia ETF 11.7 62 -17 9.5 +1.2
EMFM Global X MSCI Next Emerging & Frontier ETF 10.0 66 -21 9.0 +0.7
FRDM Freedom 100 Emerging Markets ETF 8.6 49 -4 7.0 -1.3
COPX Global X Copper Miners ETF 6.3 65 -20 7.0 -1.3
ROAM Hartford Multifactor Emerging Markets ETF 6.2 44 1 15.0 +6.7
EMCG WisdomTree Emerging Markets Consumer Growth Fund 5.7 32 13 7.5 -0.8
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 5.6 44 1 9.1 +0.8
RNEM Emerging Markets Equity Select ETF 5.5 75 -30 10.5 +2.2
SDEM Global X SuperDividend Emerging Markets ETF 5.4 66 -21 16.0 +7.8
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 5.1 49 -4 8.1 -0.2
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 4.8 60 -15 8.5 +0.3
EMXC iShares MSCI Emerging Markets ex China ETF 4.6 25 20 8.5 +0.2
CEZ VictoryShares Emerging Market Volatility Wtd Index ETF 4.4 50 -5 10.4 +2.1
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 4.3 39 6 13.0 +4.7
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 4.0 32 13 9.2 +0.9
FEM First Trust Emerging Markets AlphaDEX Fund 3.8 80 -35 11.4 +3.1
SIL Global X Silver Miners ETF 3.8 66 -21 1.8 -6.5
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 3.7 49 -4 8.9 +0.6
EELV Invesco S&P Emerging Markets Low Volatility ETF 3.7 29 16 9.9 +1.6
EDOG ALPS Emerging Sector Dividend Dogs ETF 3.7 60 -15 10.9 +2.6
XCEM Columbia EM Core ex-China ETF 3.7 16 29 7.4 -0.9
YLCO Global X YieldCo Index ETF 3.6 65 -20 4.6 -3.7
FDEM Fidelity Targeted Emerging Markets Factor ETF 3.6 45 0 9.7 +1.4
VIDI Vident International Equity Fund 3.5 59 -14 11.5 +3.2
PXH Invesco FTSE RAFI Emerging Markets ETF 3.4 50 -5 13.4 +5.1
DVEM WisdomTree Emerging Markets Dividend Fund 3.1 32 13 8.5 +0.2
GDXJ VanEck Vectors Junior Gold Miners ETF 3.0 53 -8 2.8 -5.5
PBEE Invesco PureBeta FTSE Emerging Markets ETF 3.0 15 30 9.0 +0.7
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 3.0 63 -18 12.7 +4.4
NUEM Nuveen ESG Emerging Markets Equity ETF 3.0 45 0 7.6 -0.7
DEM WisdomTree Emerging Markets High Dividend Fund 2.9 63 -18 14.1 +5.8
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 2.9 59 -14 11.4 +3.1
EEMS iShares MSCI Emerging Markets Small Cap ETF 2.9 69 -24 8.1 -0.2
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 2.8 45 0 8.2 -0.1
SCHE Schwab Emerging Markets Equity ETF 2.8 11 34 8.2 -0.1
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 2.8 30 15 8.1 -0.2
ECON Columbia Emerging Markets Consumer ETF 2.8 59 -14 4.6 -3.7
FXZ First Trust Materials AlphaDEX Fund 2.8 65 -20 7.3 -1.0
SILJ ETFMG Prime Junior Silver ETF 2.7 69 -24 0.5 -7.8
FEMS First Trust Emerging Markets Small Cap Alphadex Fund 2.7 80 -35 18.3 +10.0
IEMG iShares Core MSCI Emerging Markets ETF 2.7 13 32 8.2 -0.1
EEM iShares MSCI Emerging Markets ETF 2.7 68 -23 7.7 -0.6
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 2.7 65 -20 7.7 -0.6
VWO Vanguard FTSE Emerging Markets ETF 2.7 10 35 8.4 +0.1
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 2.7 36 9 8.5 +0.2
JHEM John Hancock Multifactor Emerging Markets ETF 2.7 49 -4 8.7 +0.4
ESGE iShares ESG MSCI EM ETF 2.7 25 20 9.0 +0.7
CEY VictoryShares Emerging Market High Dividend Volatility Wtd E 2.6 51 -6 13.5 +5.2
EEMV iShares Edge MSCI Min Vol Emerging Markets ETF 2.6 25 20 7.8 -0.5
SPEM SPDR Portfolio Emerging Markets ETF 2.6 11 34 8.1 -0.2
PID Invesco International Dividend Achievers ETF 2.4 54 -9 9.7 +1.4
BKEM BNY Mellon Emerging Markets Equity ETF 2.4 11 34 8.7 +0.4
EWX SPDR S&P Emerging Markets Small Cap ETF 2.4 65 -20 6.3 -2.0
SLVP iShares MSCI Global Silver Miners ETF 2.3 39 6 1.7 -6.6
AVEM Avantis Emerging Markets Equity ETF 2.3 33 12 9.2 +0.9
LVIN Hartford Multifactor Low Volatility International Equity ETF 2.3 29 16 12.3 +4.0
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 2.2 32 13 6.4 -1.9
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 2.2 30 15 9.0 +0.7
ISEM Invesco Strategic Emerging Markets ETF 2.2 35 10 10.7 +2.4
ECOW Pacer Emerging Markets Cash Cows 100 ETF 2.1 70 -25 13.5 +5.2
EDIV SPDR S&P Emerging Markets Dividend ETF 2.1 49 -4 11.1 +2.8
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 2.1 70 -25 7.9 -0.4
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 2.1 40 5 7.3 -1.0
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 1.8 20 25 7.1 -1.2
MOTI VanEck Vectors Morningstar International Moat ETF 1.8 57 -12 8.7 +0.4
PICK iShares MSCI Global Metals & Mining Producers ETF 1.8 39 6 7.6 -0.7
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 1.8 95 -50 9.6 +1.3
ARGT Global X MSCI Argentina ETF 1.6 60 -15 5.4 -2.9
AGT iShares MSCI Argentina & Global Exposure ETF A 1.6 59 -14 5.4 -2.9
IQDE FlexShares International Quality Dividend Defensive Index Fd 1.6 47 -2 12.4 +4.1
MXDE Nationwide Maximum Diversification Emerging Mkts Core Eq 1.5 64 -19 4.8 -3.5
WWJD Inspire International ESG ETF 1.3 80 -35 7.6 -0.7
HDAW Xtrackers MSCI All World ex US High Dividend Yield Hedged 1.3 20 25 11.1 +2.8
SDG iShares Sustainable MSCI Global Impact ETF 1.3 49 -4 5.9 -2.4
VRAI Virtus Real Asset Income ETF 1.2 55 -10 11.2 +2.9
RING iShares MSCI Global Gold Miners ETF 1.1 39 6 3.4 -4.9
MXI iShares Global Materials ETF 1.1 46 -1 6.1 -2.2
DRW WisdomTree Global ex-US Real Estate Fund 1.1 58 -13 10.6 +2.3
CZA Invesco Zacks Mid-Cap ETF 1.1 76 -31 6.3 -2.0
KEMQ Kraneshares Emerging Markets Consumer Technology Index ETF 1.1 80 -35 4.0 -4.3
GOAU U.S. Global GO GOLD & Precious Metal Miners ETF 1.0 60 -15 2.5 -5.8
GCOW Pacer Global High Dividend ETF 1.0 60 -15 10.4 +2.1
GUNR Flexshares Morningstar Global Upstream Natural Resources 1.0 46 -1 5.8 -2.5
GRES IQ Global Resources ETF 1.0 77 -32 7.6 -0.7
IGRO iShares International Dividend Growth ETF 1.0 22 23 8.1 -0.2
CUT Invesco MSCI Global Timber ETF 0.9 61 -16 9.3 +1.0
HAP VanEck Vectors Natural Resources ETF 0.9 50 -5 6.4 -1.9
VEGI iShares MSCI Global Agriculture Producers ETF 0.9 39 6 6.1 -2.2
DVYE iShares Emerging Markets Dividend ETF 0.9 49 -4 16.3 +8.0
VSGX Vanguard ESG International Stock ETF 0.9 17 28 7.3 -1.0
INFR Legg Mason Global Infrastructure ETF 0.9 40 5 6.1 -2.2

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 9.5 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 45 bp
Equals: ALTAR Score 8.3 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.58 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.