Invesco Golden Dragon China ETF
ALTAR
Score™		 11.6% info Recommen-
dation		 OVERWEIGHT
2025E    2026E
P/E
ratio		 8.6x P/Sales
ratio		 1.1x
P/BV
ratio		 1.4x Div.
yield		 1.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Invesco Golden Dragon China Portfolio seeks investment results that correspond to the price and yield of the NASDAQ Golden Dragon China Index. The index is composed of US exchange-listed companies that are headquartered in China.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Invesco
Website www.invesco.com
Inception date Dec 09, 2004
Assets (mns) $157
Currency USD
Expense ratio 70 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 51
Wgt avg mkt cap (mns) $36,843
Large cap (>$10bn) 67.1%
Mid cap ($2-10bn) 25.8%
Small cap (<$2bn) 6.7%
Developed mkts 5.8%
Emerging mkts 94.2%

TOP TEN HOLDINGS
ALIBABA GROUP HOLDING LTD. SPONSOR 9.1 %
BAIDU INC - SPON ADR 7.5 %
NETEASE.COM INC-ADR 7.0 %
JD.COM INC-ADR 6.9 %
YUM CHINA HOLDINGS, INC. 6.7 %
TENCENT MUSIC ENTERTAINMENT GROUP 5.0 %
KANZHUN LTD. SPONSORED ADR 4.2 %
NIO INC. SPONSORED ADR CLASS A 4.0 %
FULL TRUCK ALLIANCE CO LTD ADR 3.9 %
VIPSHOP HOLDINGS LTD SPONSORED ADR 3.7 %
Total 58.0 %

TOP COUNTRY EXPOSURE
CHINA 89.6 %
UNITED STATES 0.4 %
CANADA 0.4 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
17.8% 42.9% -8.9% 3.0% 5.0%

Market Correlations
versus... Beta R-squared
S&P500 0.96 11%
MSCI EAFE 1.48 29%
MSCI Emg. Mkts. 2.18 68%

Technical Indicators
Recent close $32.71
30d moving avg. $30.31
Annualized volatility 44.4%
Short interest (ETF) 1.4%
Short interest (Underlying) 3.8%
Relative strength (RSI) 65

Liquidity measures
Avg. volume (thou.) 32
Turnover 0.7%
Bid/Ask (% of price) 0.13%
ADV underlying (mns) $2,525

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 217 potential alternatives to the Invesco Golden Dragon China ETF ETF based on the alternatives' overlap in portfolio holdings with PGJ. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: PGJ Expense: 70 bp ALTAR Score™: 11.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH PGJ
Ticker Fund
Name		 Overlap1
vs PGJ
(%)		 Expense
ratio
(bp)		 Savings
vs PGJ
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs PGJ
(%)
KWEB KraneShares CSI China Internet ETF 21.4 69 1 23.4 +11.8
CGRO CoreValues Alpha Greater China Growth ETF 16.1 75 -5 4.3 -7.3
SOCL Global X Social Media ETF 15.6 65 5 8.6 -3.0
EBIZ Global X E-Commerce ETF 15.4 50 20 3.7 -7.9
ONLN ProShares Online Retail ETF 10.9 58 12 1.9 -9.8
ISHP First Trust Nasdaq Retail ETF 8.4 60 10 5.3 -6.3
DINT Davis Select International ETF 8.3 55 15 7.9 -3.8
TCHI iShares MSCI China Multisector Tech ETF 7.7 59 11 15.9 +4.3
HERO Global X Video Games & Esports ETF 7.7 50 20 3.7 -7.9
VICE AdvisorShares Vice ETF 7.5 99 -29 6.1 -5.6
SMOG VanEck Low Carbon Energy ETF 7.5 61 9 1.8 -9.9
CHIQ Global X MSCI China Consumer Discretionary ETF 7.4 65 5 16.0 +4.4
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 6.8 15 55 7.8 -3.9
HAIL SPDR S&P Kensho Smart Mobility ETF 6.6 45 25 0.4 -11.3
CCSO Carbon Collective Climate Solutions US Equity ETF 6.2 35 35 1.0 -10.6
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 6.1 68 2 2.7 -9.0
ABLG Abacus FCF International Leaders ETF 6.0 59 11 6.9 -4.8
ESPO VanEck Video Gaming and eSports ETF 5.9 56 14 3.7 -7.9
KOMP SPDR S&P Kensho New Economies Composite ETF 5.7 20 50 2.5 -9.1
AVEM Avantis Emerging Markets Equity ETF 5.7 33 37 8.5 -3.2
AVSE Avantis Responsible Emerging Markets Equity ETF 5.4 33 37 8.3 -3.4
APIE ActivePassive International Equity ETF 5.2 45 25 7.4 -4.2
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 4.8 75 -5 4.7 -7.0
JCHI JPMorgan Active China ETF 4.6 65 5 14.8 +3.1
PBW Invesco WilderHill Clean Energy ETF 4.5 66 4 -3.7 -15.3
ECNS iShares MSCI China Small-Cap ETF 4.5 59 11 7.6 -4.0
GINN Goldman Sachs Innovate Equity ETF 4.5 52 18 3.6 -8.0
BNGE First Trust S-Network Streaming and Gaming ETF 4.4 70 0 2.6 -9.1
MINV Matthews Asia Innovators Active ETF 4.3 79 -9 7.0 -4.7
XNTK SPDR NYSE Technology ETF 4.2 35 35 3.5 -8.1
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 4.2 40 30 7.0 -4.7
DRIV Global X Autonomous & Electric Vehicles ETF 4.1 68 2 5.0 -6.6
ADIV SmartETFs Asia Pacific Dividend Builder ETF 4.1 78 -8 9.1 -2.6
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 4.0 72 -2 -0.9 -12.6
EATZ AdvisorShares Restaurant ETF 4.0 101 -31 7.2 -4.4
PNQI Invesco NASDAQ Internet ETF 3.8 60 10 3.3 -8.3
AIQ Global X Artificial Intelligence & Technology ETF 3.7 68 2 3.7 -7.9
LEGR First Trust Indxx Innovative Transaction & Process ETF 3.7 65 5 7.9 -3.7
KALL KraneShares MSCI All China Index ETF 3.6 49 21 15.0 +3.4
DWLD Davis Select Worldwide ETF 3.6 63 7 7.1 -4.6
ODDS Pacer BlueStar Digital Entertainment ETF 3.5 60 10 2.1 -9.5
BATT Amplify Lithium & Battery Technology ETF 3.4 59 11 3.4 -8.2
METV Roundhill Ball Metaverse ETF 3.4 59 11 7.4 -4.2
BINV Brandes International ETF 3.3 70 0 9.3 -2.3
TMAT Main Thematic Innovation ETF 3.0 164 -94 -1.5 -13.1
QTUM Defiance Quantum ETF 3.0 40 30 5.4 -6.3
RTH VanEck Retail ETF 3.0 35 35 5.3 -6.3
OGIG ALPS O'Shares Global Internet Giants ETF 3.0 48 22 1.5 -10.1
NEWZ StockSnips AI-Powered Sentiment US All Cap ETF 3.0 65 5 4.7 -6.9
PBD Invesco Global Clean Energy ETF 3.0 75 -5 -0.3 -12.0
AADR AdvisorShares Dorsey Wright ADR ETF 2.9 110 -40 4.7 -6.9
GXC SPDR S&P China ETF 2.9 59 11 14.7 +3.1
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 2.7 86 -16 13.1 +1.4
FLCH Franklin FTSE China ETF 2.7 19 51 15.2 +3.6
CARZ First Trust NASDAQ Global Auto Index Fund 2.6 70 0 4.8 -6.9
MCH Matthews China Active ETF 2.6 79 -9 13.5 +1.9
PXH Invesco FTSE RAFI Emerging Markets ETF 2.6 49 21 15.4 +3.7
QQQJ Invesco NASDAQ Next Gen 100 ETF 2.6 15 55 4.6 -7.0
DTCR Global X Data Center & Digital Infrastructure ETF 2.6 50 20 4.3 -7.4
SRVR Pacer Data & Infrastructure Real Estate ETF 2.6 55 15 3.7 -7.9
GVIP Goldman Sachs Hedge Industry VIP ETF 2.5 45 25 3.1 -8.5
TRFM AAM Transformers ETF 2.4 49 21 1.3 -10.4
AVES Avantis Emerging Markets Value ETF 2.4 36 34 10.8 -0.8
NUEM Nuveen ESG Emerging Markets Equity ETF 2.3 36 34 7.8 -3.8
TMFG Motley Fool Global Opportunities ETF 2.3 85 -15 3.9 -7.7
FDNI First Trust Dow Jones International Internet ETF 2.3 65 5 20.2 +8.6
SIMS SPDR S&P Kensho Intelligent Structures ETF 2.2 45 25 5.4 -6.2
TIME Clockwise Core Equity & Innovation ETF 2.2 95 -25 2.9 -8.8
MOTI VanEck Morningstar International Moat ETF 2.2 58 12 11.8 +0.2
MCHI iShares MSCI China ETF 2.1 59 11 16.8 +5.1
JIG JPMorgan International Growth ETF 2.1 55 15 4.7 -6.9
FDCF Fidelity Disruptive Communications ETF 2.1 50 20 2.7 -9.0
TTAI FCF International Quality ETF 2.1 59 11 7.3 -4.4
MEM Matthews Emerging Markets Equity Active ETF 2.0 79 -9 7.7 -4.0
FFTY Innovator IBD 50 ETF 2.0 80 -10 -2.4 -14.0
GTEK Goldman Sachs Future Tech Leaders Equity ETF 2.0 75 -5 3.0 -8.6
AVEE Avantis Emerging Markets Small Cap Equity ETF 2.0 42 28 9.6 -2.1
LIVR Intelligent Livermore ETF 1.9 69 1 5.3 -6.3
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 1.9 20 50 4.6 -7.1
CXSE WisdomTree China ex-State-Owned Enterprises Fund 1.8 32 38 15.2 +3.6
CTEC Global X CleanTech ETF 1.8 50 20 -0.1 -11.7
TAN Invesco Solar ETF 1.8 67 3 6.8 -4.8
CNRG SPDR S&P Kensho Clean Power ETF 1.8 45 25 1.0 -10.6
SFYF SoFi Social 50 ETF 1.7 29 41 0.4 -11.3
MOTG VanEck Morningstar Global Wide Moat ETF 1.7 52 18 7.6 -4.0
LYLD Cambria Large Cap Shareholder Yield ETF 1.7 59 11 9.4 -2.2
LOGO Alpha Brands Consumption Leaders ETF 1.6 69 1 3.0 -8.6
FDLS Inspire Fidelis Multi Factor ETF 1.6 76 -6 5.0 -6.6
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.6 61 9 1.4 -10.3
DEHP Dimensional Emerging Markets High Profitability ETF 1.6 41 29 6.6 -5.1
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.5 65 5 2.1 -9.6
EMMF WisdomTree Emerging Markets Multifactor Fund 1.5 48 22 7.4 -4.3
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 1.4 50 20 10.8 -0.9
ARKQ ARK Autonomous Technology & Robotics ETF 1.4 75 -5 0.5 -11.2
EMC Global X Emerging Markets Great Consumer ETF 1.4 75 -5 10.8 -0.8
GURU Global X Guru Index ETF 1.4 75 -5 2.9 -8.7
CLOU Global X Cloud Computing ETF 1.4 68 2 2.3 -9.4
RGEF Rockefeller Global Equity ETF 1.4 55 15 4.7 -6.9
DFAE Dimensional Emerging Core Equity Market ETF 1.3 35 35 9.1 -2.5
BKF iShares MSCI BIC ETF 1.3 69 1 13.3 +1.7
IBUY Amplify Online Retail ETF 1.3 65 5 0.8 -10.8
FDEM Fidelity Emerging Markets Multifactor ETF 1.3 25 45 12.5 +0.8
FMET Fidelity Metaverse ETF 1.2 39 31 4.6 -7.0
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 1.2 41 29 8.5 -3.2
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 1.2 66 4 9.4 -2.3
GMF SPDR S&P Emerging Asia Pacific ETF 1.1 49 21 9.3 -2.3
QQQS Invesco NASDAQ Future Gen 200 ETF 1.1 20 50 -4.1 -15.7
BOUT Innovator IBD Breakout Opportunities ETF 1.1 81 -11 2.7 -8.9
EMXF iShares ESG Advanced MSCI EM ETF 1.1 16 54 8.4 -3.3
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 1.0 39 31 16.0 +4.3
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 1.0 59 11 8.7 -3.0
FLAX Franklin FTSE Asia Ex Japan ETF 1.0 19 51 9.1 -2.6
JHEM John Hancock Multifactor Emerging Markets ETF 1.0 49 21 10.0 -1.6
LDEM iShares ESG MSCI EM Leaders ETF 0.9 17 53 13.6 +2.0
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.9 38 32 9.1 -2.6
SPEM SPDR Portfolio Emerging Markets ETF 0.9 7 63 10.4 -1.3
EWX SPDR S&P Emerging Markets Small Cap ETF 0.9 65 5 7.7 -3.9
BBP Virtus LifeSci Biotech Products ETF 0.9 79 -9 -2.2 -13.8
FMED Fidelity Disruptive Medicine ETF 0.9 50 20 -1.1 -12.7
SBIO ALPS Medical Breakthroughs ETF 0.9 50 20 0.0 -11.6
CANC Tema Oncology ETF 0.9 75 -5 -2.8 -14.4
CZA Invesco Zacks Mid-Cap ETF 0.9 72 -2 6.5 -5.1
FFOX FundX Future Fund Opportunities ETF 0.9 100 -30 4.2 -7.5
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.9 15 55 5.9 -5.7
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.9 45 25 10.1 -1.5
CVY Invesco Zacks Multi-Asset Income ETF 0.9 106 -36 12.2 +0.6
JOET Virtus Terranova US Quality Momentum ETF 0.8 29 41 4.7 -7.0
CQQQ Invesco China Technology ETF 0.8 70 0 12.1 +0.5
FRNW Fidelity Clean Energy ETF 0.8 39 31 3.2 -8.4
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.8 36 34 9.6 -2.0
EEMA iShares MSCI Emerging Markets Asia ETF 0.8 49 21 10.0 -1.6
ARKW ARK Next Generation Internet ETF 0.8 87 -17 -0.3 -12.0
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.8 60 10 10.4 -1.3
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.7 70 0 9.1 -2.6
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.7 30 40 10.2 -1.4
GINX SGI Enhanced Global Income ETF 0.7 98 -28 7.0 -4.7
KGRN KraneShares MSCI China Clean Technology Index ETF 0.7 79 -9 0.3 -11.3
DGT SPDR Global Dow ETF 0.7 50 20 6.9 -4.7
CLNR IQ Cleaner Transport ETF 0.7 45 25 6.6 -5.0
FCLD Fidelity Cloud Computing ETF 0.7 39 31 3.2 -8.5
SPAM Themes Cybersecurity ETF 0.7 35 35 2.0 -9.6
IQDF FlexShares International Quality Dividend Index Fund 0.7 47 23 8.8 -2.8
GGME Invesco Next Gen Media and Gaming ETF 0.7 60 10 4.2 -7.4
ICLN iShares Global Clean Energy ETF 0.7 41 29 5.1 -6.5
EEM iShares MSCI Emerging Markets ETF 0.7 69 1 10.1 -1.6
VAMO Cambria Value & Momentum ETF 0.6 61 9 5.7 -5.9
WFH Direxion Work From Home ETF 0.6 45 25 3.9 -7.8
IEMG iShares Core MSCI Emerging Markets ETF 0.6 9 61 10.3 -1.3
SDG iShares MSCI Global Sustainable Development Goals ETF 0.6 49 21 5.8 -5.9
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.6 33 37 9.8 -1.8
VWO Vanguard FTSE Emerging Markets ETF 0.6 7 63 10.0 -1.6
DFEV Dimensional Emerging Markets Value ETF 0.6 43 27 13.0 +1.4
ECON Columbia Emerging Markets Consumer ETF 0.6 49 21 12.1 +0.5
UMMA Wahed Dow Jones Islamic World ETF 0.6 65 5 5.4 -6.3
EVLU iShares MSCI Emerging Markets Value Factor ETF 0.6 35 35 17.8 +6.2
ESGE iShares ESG Aware MSCI EM ETF 0.5 25 45 10.0 -1.7
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.5 4 66 6.1 -5.6
JGRO JPMorgan Active Growth ETF 0.5 44 26 3.3 -8.3
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.5 70 0 7.6 -4.0
CVAR Cultivar ETF 0.5 87 -17 6.8 -4.9
SCHE Schwab Emerging Markets Equity ETF 0.5 11 59 10.8 -0.9
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.4 30 40 7.7 -3.9
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.4 47 23 8.3 -3.4
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.4 30 40 9.0 -2.6
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.4 79 -9 4.9 -6.7
EMGF iShares Emerging Markets Equity Factor ETF 0.3 25 45 11.5 -0.2
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.3 32 38 9.0 -2.6
ONEQ Fidelity Nasdaq Composite Index ETF 0.3 21 49 3.7 -8.0
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.3 15 55 10.1 -1.6
BKEM BNY Mellon Emerging Markets Equity ETF 0.3 11 59 9.8 -1.8
JGLO JPMorgan Global Select Equity ETF 0.3 33 37 5.0 -6.7
CCNR ALPS CoreCommodity Natural Resources ETF 0.3 39 31 10.7 -0.9
ERTH Invesco MSCI Sustainable Future ETF 0.3 62 8 3.7 -8.0
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.3 18 52 7.8 -3.8
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.3 41 29 7.4 -4.3
BKCH Global X Blockchain ETF 0.2 50 20 -3.8 -15.4
SATO Invesco Alerian Galaxy Crypto Economy ETF 0.2 61 9 -1.9 -13.6
WGMI Valkyrie Bitcoin Miners ETF 0.2 75 -5 -4.7 -16.3
IBB iShares Biotechnology ETF 0.2 45 25 0.5 -11.1
SDIV Global X Superdividend ETF 0.2 58 12 41.3 +29.6
ACWX iShares MSCI ACWI ex U.S. ETF 0.2 34 36 7.6 -4.0
FBCG Fidelity Blue Chip Growth ETF 0.2 59 11 2.8 -8.9
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 8 62 6.0 -5.6
VERS ProShares Metaverse ETF 0.2 58 12 -1.1 -12.7
SIXG Defiance Connective Technologies ETF 0.2 30 40 3.5 -8.1
IXUS iShares Core MSCI Total International Stock ETF 0.2 7 63 7.8 -3.8
IBBQ Invesco Nasdaq Biotechnology ETF 0.2 19 51 0.4 -11.2
CWI SPDR MSCI ACWI ex-US ETF 0.2 30 40 7.6 -4.1
JAVA JPMorgan Active Value ETF 0.2 44 26 6.4 -5.3
VXUS Vanguard Total International Stock ETF 0.2 5 65 7.8 -3.9
EEMO Invesco S&P Emerging Markets Momentum ETF 0.2 29 41 6.4 -5.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 61 5.6 -6.0
VEU Vanguard FTSE All-World ex-US Index Fund 0.2 4 66 8.0 -3.6
VSGX Vanguard ESG International Stock ETF 0.2 10 60 7.6 -4.1
BCOR Grayscale Bitcoin Adopters ETF 0.2 59 11 2.4 -9.3
WISE Themes Generative Artificial Intelligence ETF 0.1 35 35 0.4 -11.2
BOTZ Global X Robotics & Artificial Intelligence ETF 0.1 69 1 2.4 -9.2
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.1 39 31 -0.9 -12.5
IQM Franklin Intelligent Machines ETF 0.1 50 20 2.0 -9.7
XITK SPDR FactSet Innovative Technology ETF 0.1 45 25 -0.3 -11.9
BOTT Themes Robotics & Automation ETF 0.1 35 35 4.0 -7.7
JSTC Adasina Social Justice All Cap Global ETF 0.1 89 -19 4.8 -6.8
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.1 80 -10 10.3 -1.3
ACWI iShares MSCI ACWI ETF 0.1 32 38 5.5 -6.2
VYMI Vanguard International High Dividend Yield ETF 0.1 17 53 9.5 -2.2
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 0.1 25 45 6.5 -5.1
VT Vanguard Total World Stock ETF 0.1 6 64 5.8 -5.8
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 21 6.7 -4.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 50 5.6 -6.1
FNDC Schwab Fundamental International Small Co. Index ETF 0.1 39 31 5.7 -6.0
GWX SPDR S&P International Small Cap ETF 0.0 40 30 5.9 -5.8
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 59 4.8 -6.8
GLOF iShares Global Equity Factor ETF 0.0 20 50 6.4 -5.3
EBI Longview Advantage ETF 0.0 35 35 6.5 -5.2
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 67 6.9 -4.7
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.0 12 58 5.1 -6.5
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 31 6.6 -5.0

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

  2020 2021 2022 2023 2024 2025E 2026E
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
  2024 2025E 2026E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 Invesco Golden Dragon China ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 15.7 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 70 bp
Equals: ALTAR Score 11.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.46 CATEGORY
AVERAGE		 1.51
 
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.