Invesco FTSE RAFI Emerging Markets ETF
ALTAR
Score™
11.2% info Recommen-
dation
SPECULATIVE
2024E    2025E
P/E
ratio
8.6x P/Sales
ratio
0.7x
P/BV
ratio
1.0x Div.
yield
4.2%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Invesco FTSE RAFI Emerging Markets Portfolio seeks investment results that correspond to the FTSE RAFI Emerging Markets Index.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Invesco PowerShares
Website www.powershares.com
Inception date Sep 27, 2007
Assets (mns) $1,257
Currency USD
Expense ratio 49 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 349
Wgt avg mkt cap (mns) $87,568
Large cap (>$10bn) 77.7%
Mid cap ($2-10bn) 18.4%
Small cap (<$2bn) 1.5%
Developed mkts 3.5%
Emerging mkts 96.5%

TOP TEN HOLDINGS
AMERICA MOVIL SAB DE CV 6.2 %
TAIWAN SEMICONDUCTOR MANUFAC 5.7 %
PETROBRAS - PETROLEO BRAS-PR 3.2 %
ALIBABA GROUP HOLDING LTD. 2.5 %
PETROBRAS - PETROLEO BRAS 2.2 %
CHINA CONSTRUCTION BANK-H 2.0 %
IND & COMM BK OF CHINA - H 2.0 %
VALE SA 1.9 %
TENCENT HOLDINGS LTD 1.8 %
RELIANCE INDUSTRIES LTD 1.8 %
Total 29.3 %

TOP COUNTRY EXPOSURE
CHINA 27.4 %
TAIWAN 17.1 %
BRAZIL 16.9 %
INDIA 13.3 %
SOUTH AFRICA 3.3 %
THAILAND 3.1 %
MEXICO 2.9 %
SAUDI ARABIA 2.6 %
HONG KONG 2.1 %
INDONESIA 2.0 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru January 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-2.3% 0.2% 2.1% 4.1% 1.2%

Market Correlations
versus... Beta R-squared
S&P500 0.60 38%
MSCI EAFE 0.82 65%
MSCI Emg. Mkts. 0.93 89%

Technical Indicators
Recent close $19.51
30d moving avg. $18.29
Annualized volatility 17.3%
Short interest (ETF) 0.9%
Relative strength (RSI) 63

Liquidity measures
Avg. volume (thou.) 308
Turnover 0.5%
Bid/Ask (% of price) 0.07%
ADV underlying (mns) $15,703

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 375 potential alternatives to the Invesco FTSE RAFI Emerging Markets ETF ETF based on the alternatives' overlap in portfolio holdings with PXH. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: PXH Expense: 49 bp ALTAR Score™: 11.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH PXH
Ticker Fund
Name
Overlap1
vs PXH
(%)
Expense
ratio
(bp)
Savings
vs PXH
(bp)
ALTAR
Score™
(%)
ALTAR
vs PXH
(%)
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 70.1 39 10 11.9 +0.7
SCHE Schwab Emerging Markets Equity ETF 51.1 11 38 7.4 -3.8
JHEM John Hancock Multifactor Emerging Markets ETF 50.4 49 0 8.2 -3.1
EEM iShares MSCI Emerging Markets ETF 47.7 69 -20 -1.0 -12.3
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 47.7 66 -17 -0.6 -11.8
BKEM BNY Mellon Emerging Markets Equity ETF 47.2 11 38 -12.8 -24.0
VWO Vanguard FTSE Emerging Markets ETF 46.7 8 41 -0.0 -11.3
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 46.3 36 13 -12.9 -24.1
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 45.4 45 4 8.3 -3.0
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 44.9 30 19 7.4 -3.9
IEMG iShares Core MSCI Emerging Markets ETF 43.5 9 40 1.1 -10.1
EEMA iShares MSCI Emerging Markets Asia ETF 43.3 49 0 6.7 -4.5
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 42.9 50 -1 10.3 -1.0
DFAE Dimensional Emerging Core Equity Market ETF 41.8 35 14 7.6 -3.7
EMXF iShares ESG Advanced MSCI EM ETF 41.5 16 33 7.5 -3.7
AAXJ iShares MSCI All Country Asia ex Japan ETF 41.4 70 -21 6.4 -4.9
LDEM iShares ESG MSCI EM Leaders ETF 41.2 17 32 7.8 -3.5
EMXC iShares MSCI Emerging Markets ex China ETF 41.2 25 24 -4.2 -15.4
FLAX Franklin FTSE Asia Ex Japan ETF 41.1 19 30 7.2 -4.1
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 40.4 20 29 7.4 -3.8
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 39.7 15 34 7.4 -3.9
SPEM SPDR Portfolio Emerging Markets ETF 39.5 7 42 1.6 -9.6
BKF iShares MSCI BIC ETF 39.2 69 -20 6.9 -4.4
EMGF iShares Emerging Markets Equity Factor ETF 38.9 25 24 8.6 -2.7
STXE Strive Emerging Markets Ex-China ETF 38.3 32 17 -11.9 -23.1
DFEV Dimensional Emerging Markets Value ETF 37.1 43 6 10.7 -0.5
ESGE iShares ESG Aware MSCI EM ETF 37.0 25 24 7.4 -3.8
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 36.8 24 25 6.8 -4.4
ROAM Hartford Multifactor Emerging Markets ETF 36.3 44 5 11.4 +0.2
DFEM Dimensional Emerging Markets Core Equity 2 ETF 36.2 38 11 8.0 -3.3
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 34.8 33 16 6.9 -4.3
GMF SPDR S&P Emerging Asia Pacific ETF 34.6 49 0 6.4 -4.8
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 33.7 59 -10 -0.6 -11.8
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 33.2 30 19 8.3 -3.0
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 31.2 32 17 6.1 -5.2
EMDM First Trust Bloomberg Emerging Market Democracies ETF 30.9 75 -26 9.4 -1.9
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 30.7 41 8 7.8 -3.5
XCEM Columbia EM Core ex-China ETF 30.4 16 33 -24.4 -35.7
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 30.3 44 5 9.5 -1.7
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 30.2 32 17 7.0 -4.2
XC WisdomTree Emerging Markets Ex-China Fund 30.0 32 17 -4.8 -16.0
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 29.4 18 31 7.7 -3.5
DEM WisdomTree Emerging Markets High Dividend Fund 29.0 63 -14 12.3 +1.1
NUEM Nuveen ESG Emerging Markets Equity ETF 28.7 36 13 6.7 -4.6
AVEM Avantis Emerging Markets Equity ETF 27.7 33 16 8.7 -2.5
FLCH Franklin FTSE China ETF 27.2 19 30 9.7 -1.6
MCHI iShares MSCI China ETF 27.0 59 -10 9.1 -2.2
DEHP Dimensional Emerging Markets High Profitability ETF 26.9 41 8 7.0 -4.3
FDEM Fidelity Emerging Markets Multifactor ETF 26.4 25 24 11.3 +0.1
EMMF WisdomTree Emerging Markets Multifactor Fund 26.2 48 1 8.5 -2.7
GXC SPDR S&P China ETF 25.7 59 -10 9.1 -2.2
RNEM First Trust Emerging Markets Equity Select ETF 24.3 75 -26 8.1 -3.1
KALL KraneShares MSCI All China Index ETF 24.0 49 0 9.6 -1.7
AIA iShares Asia 50 ETF 23.6 50 -1 7.1 -4.2
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 23.3 40 9 7.1 -4.2
FXI iShares China Large-Cap ETF 22.5 74 -25 9.7 -1.5
AVES Avantis Emerging Markets Value ETF 22.3 36 13 11.7 +0.4
CN Xtrackers MSCI All China Equity ETF 21.8 50 -1 9.2 -2.1
UEVM VictoryShares Emerging Markets Value Momentum ETF 21.0 45 4 12.4 +1.2
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 20.5 95 -46 10.6 -0.7
FLLA Franklin FTSE Latin America ETF 19.8 19 30 -106.0 -117.3
FEM First Trust Emerging Markets AlphaDEX Fund 19.3 80 -31 15.6 +4.4
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 18.4 25 24 6.7 -4.6
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 17.8 20 29 10.7 -0.6
EEMO Invesco S&P Emerging Markets Momentum ETF 17.4 29 20 5.8 -5.4
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 17.2 88 -39 6.4 -4.8
FLTW Franklin FTSE Taiwan ETF 17.1 19 30 6.2 -5.1
EWT iShares MSCI Taiwan ETF 17.0 58 -9 5.8 -5.5
FLBR Franklin FTSE Brazil ETF 16.5 19 30 8.5 -2.7
EELV Invesco S&P Emerging Markets Low Volatility ETF 16.2 29 20 8.3 -2.9
ACWX iShares MSCI ACWI ex U.S. ETF 15.7 34 15 4.8 -6.4
EWZ iShares MSCI Brazil ETF 15.4 58 -9 7.9 -3.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 15.1 41 8 6.6 -4.7
VYMI Vanguard International High Dividend Yield ETF 15.0 22 27 9.7 -1.6
RODE Hartford Multifactor Diversified International ETF 14.2 29 20 11.3 +0.0
MINV Matthews Asia Innovators Active ETF 14.2 79 -30 2.9 -8.3
IXUS iShares Core MSCI Total International Stock ETF 13.7 7 42 5.0 -6.2
VEU Vanguard FTSE All-World ex-US Index Fund 13.6 8 41 5.1 -6.1
VXUS Vanguard Total International Stock ETF 13.5 7 42 5.2 -6.0
VSGX Vanguard ESG International Stock ETF 13.2 12 37 4.3 -7.0
MEM Matthews Emerging Markets Equity Active ETF 13.1 79 -30 5.3 -6.0
FLIN Franklin FTSE India ETF 13.0 19 30 5.3 -6.0
INDA iShares MSCI India ETF 12.9 65 -16 3.7 -7.6
EDIV SPDR S&P Emerging Markets Dividend ETF 12.8 49 0 10.7 -0.5
JCHI JPMorgan Active China ETF 12.6 65 -16 8.1 -3.1
PIN Invesco India ETF 12.5 78 -29 3.9 -7.4
MCH Matthews China Active ETF 12.4 79 -30 5.8 -5.4
ACWV iShares MSCI Global Min Vol Factor ETF 12.4 20 29 6.5 -4.7
ECON Columbia Emerging Markets Consumer ETF 12.4 49 0 4.8 -6.5
FBZ First Trust Brazil AlphaDEX Fund 12.2 80 -31 10.8 -0.4
DVYE iShares Emerging Markets Dividend ETF 12.0 49 0 16.6 +5.3
FLN First Trust Latin America AlphaDEX Fund 11.6 80 -31 9.9 -1.4
IQDF FlexShares International Quality Dividend Index Fund 11.2 47 2 10.5 -0.8
EMC Global X Emerging Markets Great Consumer ETF 11.1 75 -26 4.9 -6.3
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 11.1 42 7 6.6 -4.6
FCA First Trust China AlphaDEX Fund 11.0 80 -31 16.8 +5.5
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 11.0 90 -41 6.8 -4.5
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 11.0 60 -11 0.7 -10.5
EPI WisdomTree India Earnings Fund 10.9 85 -36 6.7 -4.5
SDEM Global X MSCI SuperDividend Emerging Markets ETF 10.6 67 -18 16.5 +5.2
CWI SPDR MSCI ACWI ex-US ETF 10.6 30 19 6.7 -4.6
DEW WisdomTree Global High Dividend Fund 10.1 58 -9 9.1 -2.2
NFTY First Trust India NIFTY 50 Equal Weight ETF 10.1 80 -31 6.1 -5.2
INDY iShares India 50 ETF 10.1 89 -40 3.7 -7.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 10.0 30 19 7.7 -3.6
IQDY FlexShares International Quality Dividend Dynamic Index Fund 9.7 47 2 9.8 -1.5
FRDM Freedom 100 Emerging Markets ETF 9.5 49 0 -749.3 -760.5
EYLD Cambria Emerging Shareholder Yield ETF 9.1 66 -17 12.8 +1.6
EMM Global X Emerging Markets ETF 9.1 75 -26 3.9 -7.4
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 9.1 86 -37 1.8 -9.5
MOTI VanEck Morningstar International Moat ETF 8.8 58 -9 7.0 -4.3
ECOW Pacer Emerging Markets Cash Cows 100 ETF 8.7 70 -21 11.3 +0.0
ADIV SmartETFs Asia Pacific Dividend Builder ETF 8.3 78 -29 8.7 -2.6
FILL iShares MSCI Global Energy Producers ETF 8.2 39 10 10.0 -1.3
VIDI Vident International Equity Strategy ETF 8.2 61 -12 11.4 +0.1
CXSE WisdomTree China ex-State-Owned Enterprises Fund 8.1 32 17 5.6 -5.6
IQDE FlexShares International Quality Dividend Defensive Index ET 7.9 47 2 10.2 -1.0
TCHI iShares MSCI China Multisector Tech ETF 7.8 59 -10 2.9 -8.4
KNCT Invesco Next Gen Connectivity ETF 7.6 40 9 5.5 -5.7
SCHY Schwab International Dividend Equity ETF 7.6 14 35 8.6 -2.6
GBUY Goldman Sachs Future Consumer Equity ETF 7.5 75 -26 2.9 -8.3
KWEB KraneShares CSI China Internet ETF 7.4 69 -20 -0.8 -12.1
KTEC KraneShares Hang Seng TECH Index ETF 7.4 69 -20 -4.3 -15.6
DSTX Distillate International Fundamental Stability & Value ETF 7.0 55 -6 7.4 -3.8
IWTR iShares MSCI Water Management Multisector ETF 7.0 47 2 4.7 -6.6
MOTG VanEck Morningstar Global Wide Moat ETF 6.8 52 -3 5.7 -5.5
WRND IQ Global Equity R&D Leaders ETF 6.8 18 31 6.9 -4.3
FDNI First Trust Dow Jones International Internet ETF 6.7 65 -16 2.5 -8.8
GVAL Cambria Global Value ETF 6.4 68 -19 12.1 +0.9
CHAT Roundhill Generative AI & Technology ETF 6.3 75 -26 2.6 -8.7
CGXU Capital Group International Focus Equity ETF 5.9 54 -5 4.1 -7.1
ACWI iShares MSCI ACWI ETF 5.9 32 17 5.4 -5.9
EEMD AAM S&P Emerging Markets High Dividend Value ETF 5.8 49 0 17.3 +6.0
EDOG ALPS Emerging Sector Dividend Dogs ETF 5.7 60 -11 12.9 +1.7
LEGR First Trust Indxx Innovative Transaction & Process ETF 5.6 65 -16 7.9 -3.4
EMFQ Amplify Emerging Markets FinTech ETF 5.5 69 -20 3.6 -7.7
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 5.4 46 3 9.6 -1.6
CRBN iShares MSCI ACWI Low Carbon Target ETF 5.3 20 29 5.4 -5.9
GLOF iShares Global Equity Factor ETF 5.2 20 29 7.1 -4.2
CHIQ Global X MSCI China Consumer Discretionary ETF 5.2 65 -16 5.6 -5.7
NXTG First Trust Indxx NextG ETF 5.1 70 -21 5.8 -5.5
IXN iShares Global Tech ETF 5.0 41 8 4.1 -7.1
VT Vanguard Total World Stock ETF 4.9 7 42 5.0 -6.3
PICK iShares MSCI Global Metals & Mining Producers ETF 4.9 39 10 11.3 +0.1
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 4.8 68 -19 6.9 -4.3
ILF iShares Latin America 40 ETF 4.7 48 1 7.8 -3.4
CLNR IQ Cleaner Transport ETF 4.5 45 4 8.2 -3.1
ASEA Global X FTSE Southeast Asia ETF 4.4 65 -16 6.3 -5.0
DGT SPDR Global Dow ETF 4.1 50 -1 6.6 -4.6
IGRO iShares International Dividend Growth ETF 3.9 15 34 7.3 -3.9
WWJD Inspire International ETF 3.9 80 -31 7.0 -4.3
NDIA Global X India Active ETF 3.9 75 -26 6.1 -5.1
RXI iShares Global Consumer Discretionary ETF 3.8 41 8 5.3 -6.0
JIG JPMorgan International Growth ETF 3.7 55 -6 4.1 -7.1
GGME Invesco Next Gen Media and Gaming ETF 3.7 60 -11 3.6 -7.6
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 3.6 47 2 0.6 -10.6
XT iShares Exponential Technologies ETF 3.5 46 3 3.7 -7.6
VIGI Vanguard International Dividend Appreciation ETF 3.5 15 34 5.3 -5.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.4 12 37 4.9 -6.3
IXP iShares Global Comm Services ETF 3.3 42 7 5.0 -6.2
METV Roundhill Ball Metaverse ETF 3.3 59 -10 3.6 -7.7
OBOR KraneShares MSCI One Belt One Road Index ETF 3.2 79 -30 10.0 -1.2
JSTC Adasina Social Justice All Cap Global ETF 3.1 89 -40 4.5 -6.7
ARVR First Trust Indxx Metaverse ETF 3.1 70 -21 2.4 -8.9
BLES Inspire Global Hope ETF 3.1 61 -12 6.3 -5.0
SDIV Global X Superdividend ETF 3.1 58 -9 16.3 +5.1
EZA iShares MSCI South Africa ETF 3.1 58 -9 11.2 -0.1
IXG iShares Global Financials ETF 3.1 42 7 6.9 -4.4
CGRO CoreValues Alpha Greater China Growth ETF 3.1 75 -26 2.7 -8.6
GTEK Goldman Sachs Future Tech Leaders Equity ETF 3.0 75 -26 3.1 -8.2
THD iShares MSCI Thailand ETF 2.9 58 -9 5.6 -5.7
CQQQ Invesco China Technology ETF 2.9 70 -21 -6.8 -18.1
FLMX Franklin FTSE Mexico ETF 2.9 19 30 6.9 -4.3
EWW iShares MSCI Mexico ETF 2.9 50 -1 6.4 -4.9
KOIN Capital Link Global Fintech Leaders ETF 2.8 75 -26 4.9 -6.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 2.7 9 40 5.5 -5.7
AFK VanEck Africa Index ETF 2.6 98 -49 9.4 -1.8
UMMA Wahed Dow Jones Islamic World ETF 2.6 65 -16 4.2 -7.0
FLSA Franklin FTSE Saudi Arabia ETF 2.6 39 10 6.3 -5.0
KSA iShares MSCI Saudi Arabia ETF 2.6 74 -25 5.7 -5.5
OGIG ALPS O'Shares Global Internet Giants ETF 2.6 48 1 -0.0 -11.3
HAP VanEck Natural Resources ETF 2.5 50 -1 8.9 -2.4
FTRI First Trust Indxx Global Natural Resources Income ETF 2.5 70 -21 10.2 -1.1
IVRS iShares Future Metaverse Tech and Communications ETF 2.4 47 2 -2.9 -14.1
FMET Fidelity Metaverse ETF 2.4 39 10 4.1 -7.1
IBUY Amplify Online Retail ETF 2.4 65 -16 1.7 -9.6
INDF Nifty India Financials ETF 2.3 75 -26 5.9 -5.4
IWFH iShares Virtual Work and Life Multisector ETF 2.3 47 2 -3.4 -14.6
BRAZ Global X Brazil Active ETF 2.2 75 -26 7.8 -3.4
AIQ Global X Artificial Intelligence & Technology ETF 2.1 68 -19 3.7 -7.5
SOCL Global X Social Media ETF 2.0 65 -16 -6.8 -18.0
BNGE First Trust S-Network Streaming and Gaming ETF 2.0 70 -21 -1.1 -12.3
ESPO VanEck Video Gaming and eSports ETF 2.0 56 -7 3.6 -7.6
EIDO iShares MSCI Indonesia ETF 2.0 59 -10 6.7 -4.6
GLIN VanEck India Growth Leaders ETF 1.9 77 -28 4.6 -6.6
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 1.9 86 -37 1.5 -9.7
TUR iShares MSCI Turkey ETF 1.9 58 -9 19.2 +7.9
INCO Columbia India Consumer ETF 1.9 75 -26 1.8 -9.5
CGV Conductor Global Equity Value ETF 1.9 130 -81 10.1 -1.1
IPKW Invesco International BuyBack Achievers ETF 1.9 55 -6 9.6 -1.7
INQQ India Internet & Ecommerce ETF 1.9 86 -37 2.2 -9.0
ODDS Pacer BlueStar Digital Entertainment ETF 1.8 60 -11 2.0 -9.2
MRAD SmartETFs Advertising & Marketing Technology ETF 1.8 68 -19 3.7 -7.5
DINT Davis Select International ETF 1.8 55 -6 5.1 -6.2
DWLD Davis Select Worldwide ETF 1.8 63 -14 5.7 -5.5
FID First Trust S&P International Dividend Aristocrats ETF 1.8 60 -11 9.4 -1.8
WDIV SPDR S&P Global Dividend ETF 1.8 40 9 9.6 -1.7
TTAI FCF International Quality ETF 1.8 59 -10 6.7 -4.6
IDX VanEck Indonesia Index ETF 1.7 57 -8 7.6 -3.6
CNYA iShares MSCI China A ETF 1.7 60 -11 8.6 -2.7
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 1.7 65 -16 8.9 -2.3
KOCG FIS Knights of Columbus Global Belief ETF 1.7 75 -26 5.1 -6.2
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 1.5 45 4 6.4 -4.9
EEMS iShares MSCI Emerging Markets Small Cap ETF 1.5 70 -21 7.0 -4.2
QINT American Century Quality Diversified International ETF 1.5 39 10 7.4 -3.8
BWEB Bitwise Web3 ETF 1.4 85 -36 0.9 -10.4
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.4 61 -12 -0.3 -11.6
MVPS Amplify Thematic All-Stars ETF 1.3 49 0 1.5 -9.7
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.2 12 37 8.4 -2.8
EWZS iShares MSCI Brazil Small-Cap ETF 1.2 59 -10 8.3 -3.0
GINN Goldman Sachs Innovate Equity ETF 1.2 52 -3 2.8 -8.5
DWX SPDR S&P International Dividend ETF 1.2 45 4 6.7 -4.5
KXI iShares Global Consumer Staples ETF 1.2 41 8 5.5 -5.7
DGIN VanEck Digital India ETF 1.2 71 -22 1.4 -9.9
HJEN Direxion Hydrogen ETF 1.1 45 4 -0.9 -12.1
MXI iShares Global Materials ETF 1.1 41 8 6.8 -4.4
QTUM Defiance Quantum ETF 1.1 40 9 3.9 -7.3
BUYZ Franklin Disruptive Commerce ETF 1.1 50 -1 1.8 -9.5
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 1.0 55 -6 8.8 -2.4
CGGO Capital Group Global Growth Equity ETF 1.0 47 2 4.0 -7.2
AFTY Pacer CSOP FTSE China A50 ETF 1.0 70 -21 9.2 -2.0
WUGI AXS Esoterica NextG Economy ETF 1.0 75 -26 2.3 -9.0
IOO iShares Global 100 ETF 1.0 41 8 4.7 -6.6
IDAT iShares Future Cloud 5G and Tech ETF 0.9 47 2 4.2 -7.1
CGUS Capital Group Core Equity ETF 0.9 33 16 4.6 -6.6
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.9 58 -9 10.1 -1.2
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.9 10 39 8.0 -3.2
SDG iShares MSCI Global Sustainable Development Goals ETF 0.9 49 0 5.8 -5.5
IGPT Invesco AI and Next Gen Software ETF 0.8 60 -11 3.4 -7.9
EWX SPDR S&P Emerging Markets Small Cap ETF 0.8 65 -16 7.5 -3.7
RAYC Rayliant Quantamental China Equity ETF 0.8 80 -31 9.2 -2.0
SNSR Global X Internet of Things ETF 0.8 68 -19 3.7 -7.5
SATO Invesco Alerian Galaxy Crypto Economy ETF 0.8 61 -12 -7.4 -18.6
PGJ Invesco Golden Dragon China ETF 0.7 70 -21 5.3 -6.0
ISHP First Trust Nasdaq Retail ETF 0.7 60 -11 3.0 -8.2
DFNL Davis Select Financial ETF 0.7 63 -14 7.1 -4.1
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.7 75 -26 4.5 -6.7
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.7 80 -31 13.8 +2.5
EWM iShares MSCI Malaysia ETF 0.6 50 -1 5.7 -5.6
EMIF iShares Emerging Markets Infrastructure ETF 0.6 60 -11 5.5 -5.8
KFVG KraneShares CICC China 5G & Semiconductor Index ETF 0.6 65 -16 4.9 -6.3
VEGI iShares MSCI Agriculture Producers ETF 0.6 39 10 9.4 -1.9
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.6 65 -16 1.9 -9.3
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.6 47 2 5.6 -5.6
BTEK Future Tech ETF 0.6 88 -39 2.2 -9.1
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.6 58 -9 4.6 -6.7
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.5 68 -19 4.0 -7.2
FTAG First Trust Indxx Global Agriculture ETF 0.5 70 -21 10.2 -1.0
OCEN IQ Clean Oceans ETF 0.5 45 4 5.2 -6.0
SMOG VanEck Low Carbon Energy ETF 0.5 61 -12 3.2 -8.0
GMET VanEck Green Metals ETF 0.5 63 -14 11.5 +0.3
KURE KraneShares MSCI All China Health Care Index ETF 0.5 65 -16 3.1 -8.2
SEA U.S. Global Sea to Sky Cargo ETF 0.5 60 -11 26.2 +15.0
APIE ActivePassive International Equity ETF 0.5 45 4 7.8 -3.5
KBUY KraneShares CICC China Consumer Leaders Index ETF 0.5 69 -20 6.4 -4.8
IGF iShares Global Infrastructure ETF 0.4 41 8 5.1 -6.2
GII SPDR S&P Global Infrastructure ETF 0.4 40 9 5.3 -6.0
ICLN iShares Global Clean Energy ETF 0.4 41 8 4.1 -7.2
ECH iShares MSCI Chile ETF 0.4 58 -9 -1,644.5 -1,655.8
BRF VanEck Brazil Small-Cap ETF 0.4 66 -17 6.8 -4.5
RNRG Global X Renewable Energy Producers ETF 0.4 66 -17 4.8 -6.5
RING iShares MSCI Global Gold Miners ETF 0.4 39 10 7.5 -3.7
CRAK VanEck Oil Refiners ETF 0.4 61 -12 15.4 +4.1
EBIZ Global X E-Commerce ETF 0.4 50 -1 1.5 -9.7
CGGR Capital Group Growth ETF 0.3 39 10 3.3 -7.9
JXI iShares Global Utilities ETF 0.3 43 6 7.0 -4.2
EFRA iShares Environmental Infrastructure and Industrials ETF 0.3 47 2 5.5 -5.8
WOOD iShares Global Timber & Forestry ETF 0.3 42 7 9.7 -1.5
CUT Invesco MSCI Global Timber ETF 0.3 61 -12 8.6 -2.6
GSFP Goldman Sachs Future Planet Equity ETF 0.3 75 -26 4.6 -6.6
FPAG FPA Global Equity ETF 0.3 49 0 5.6 -5.7
OSEA Harbor International Compounders ETF 0.3 55 -6 3.6 -7.7
DMAT Global X Disruptive Materials ETF 0.3 59 -10 11.5 +0.2
ROBO ROBO Global Robotics & Automation Index ETF 0.3 95 -46 2.7 -8.5
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.3 45 4 4.8 -6.5
NTZG Nuveen Global Net Zero Transition ETF 0.3 56 -7 4.9 -6.3
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.3 85 -36 8.9 -2.4
CARZ First Trust NASDAQ Global Auto Index Fund 0.3 70 -21 3.4 -7.8
MOTO SmartETFs Smart Transportation & Technology ETF 0.3 68 -19 6.6 -4.7
COPX Global X Copper Miners ETF 0.3 65 -16 8.2 -3.0
BNE Blue Horizon BNE ETF 0.3 87 -38 4.2 -7.0
BPAY BlackRock Future Financial and Technology ETF 0.3 70 -21 8.0 -3.2
GLIF AGF Global Infrastructure ETF 0.3 45 4 5.6 -5.6
MOO VanEck Agribusiness ETF 0.3 53 -4 9.2 -2.0
VPN Global X Data Center REITs & Digital Infrastructure ETF 0.3 50 -1 2.1 -9.2
PNQI Invesco NASDAQ Internet ETF 0.2 60 -11 2.2 -9.0
AADR AdvisorShares Dorsey Wright ADR ETF 0.2 110 -61 5.2 -6.1
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.2 72 -23 2.4 -8.9
ERTH Invesco MSCI Sustainable Future ETF 0.2 62 -13 3.5 -7.8
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 7 42 6.4 -4.9
PBD Invesco Global Clean Energy ETF 0.2 75 -26 -2.3 -13.5
AQWA Global X Clean Water ETF 0.2 50 -1 4.3 -7.0
GDVD R3 Global Dividend Growth ETF 0.2 88 -39 5.7 -5.5
FPXI First Trust International Equity Opportunities ETF 0.2 70 -21 3.4 -7.8
JETS U.S. Global Jets ETF 0.2 60 -11 -13.0 -24.3
JRNY ALPS Global Travel Beneficiaries ETF 0.2 65 -16 0.5 -10.8
KGRN KraneShares MSCI China Clean Technology Index ETF 0.2 79 -30 6.1 -5.2
TAN Invesco Solar ETF 0.2 67 -18 7.4 -3.8
DRIV Global X Autonomous & Electric Vehicles ETF 0.2 68 -19 5.0 -6.2
PIO Invesco Global Water ETF 0.2 75 -26 4.5 -6.7
IQSI IQ Candriam International Equity ETF 0.2 15 34 6.3 -5.0
FRNW Fidelity Clean Energy ETF 0.2 39 10 3.7 -7.5
SRVR Pacer Data & Infrastructure Real Estate ETF 0.2 55 -6 2.7 -8.6
BOAT SonicShares Global Shipping ETF 0.2 69 -20 26.5 +15.2
SHPP Pacer Industrials and Logistics ETF 0.2 60 -11 8.2 -3.0
KOMP SPDR S&P Kensho New Economies Composite ETF 0.2 20 29 2.1 -9.2
GSID Goldman Sachs MarketBeta International Equity ETF 0.2 20 29 6.6 -4.7
URA Global X Uranium ETF 0.2 69 -20 2.1 -9.2
BKIE BNY Mellon International Equity ETF 0.1 4 45 6.9 -4.4
ECNS iShares MSCI China Small-Cap ETF 0.1 59 -10 11.5 +0.2
IQRA IQ CBRE Real Assets ETF 0.1 65 -16 5.7 -5.5
SMIN iShares MSCI India Small Cap ETF 0.1 79 -30 3.8 -7.5
CRUZ Defiance Hotel Airline and Cruise ETF 0.1 45 4 -4.0 -15.2
GDX VanEck Gold Miners ETF 0.1 51 -2 6.0 -5.3
IPOS Renaissance International IPO ETF 0.1 80 -31 -354.5 -365.7
CTEC Global X CleanTech ETF 0.1 50 -1 2.2 -9.0
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 28 3.6 -7.6
NLR VanEck Uranium+Nuclear Energy ETF 0.1 61 -12 4.7 -6.5
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.1 79 -30 5.3 -6.0
LNGG Roundhill Alerian LNG ETF 0.1 65 -16 8.5 -2.8
LUX Tema Luxury ETF 0.1 75 -26 3.3 -7.9
TRFM AAM Transformers ETF 0.1 49 0 1.4 -9.9
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 0.1 58 -9 4.3 -6.9
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 0.1 57 -8 3.4 -7.9
QQMG Invesco ESG NASDAQ 100 ETF 0.1 20 29 4.5 -6.8
FBCG Fidelity Blue Chip Growth ETF 0.1 59 -10 2.4 -8.9
QQQ Invesco QQQ Trust Series I 0.1 20 29 4.4 -6.8
QQQM Invesco NASDAQ 100 ETF 0.1 15 34 4.5 -6.8
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.1 35 14 4.6 -6.7
XNTK SPDR NYSE Technology ETF 0.1 35 14 3.7 -7.5
ETEC iShares Breakthrough Environmental Solutions ETF 0.1 47 2 5.7 -5.6
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.1 39 10 -3.2 -14.5
LIT Global X Lithium & Battery Tech ETF 0.1 75 -26 10.6 -0.7
IDRV iShares Self-driving EV & Tech ETF 0.1 47 2 -0.4 -11.6
BATT Amplify Lithium & Battery Technology ETF 0.1 59 -10 3.8 -7.4
PTEC Global X PropTech ETF 0.1 50 -1 1.5 -9.8
FDIG Fidelity Crypto Industry and Digital Payments ETF 0.1 39 10 -1.3 -12.6
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 0.1 75 -26 6.3 -4.9
IDHQ Invesco S&P International Developed High Quality ETF 0.1 29 20 5.9 -5.3
IDOG ALPS International Sector Dividend Dogs ETF 0.1 50 -1 11.3 +0.0
CNRG SPDR S&P Kensho Clean Power ETF 0.1 45 4 -7.0 -18.2
CCSO Carbon Collective Climate Solutions US Equity ETF 0.1 35 14 2.3 -9.0
PBW Invesco WilderHill Clean Energy ETF 0.1 66 -17 -17.6 -28.9
EPU iShares MSCI Peru and Global Exposure ETF 0.1 59 -10 6.3 -5.0
ARKF ARK Fintech Innovation ETF 0.1 75 -26 -2.4 -13.6
RAYS Global X Solar ETF 0.1 51 -2 5.7 -5.5
UIVM VictoryShares International Value Momentum ETF 0.1 35 14 10.7 -0.6
DTEC ALPS Disruptive Technologies ETF 0.1 50 -1 3.5 -7.7
IBLC iShares Blockchain and Tech ETF 0.1 47 2 -1.4 -12.7
QQQS Invesco NASDAQ Future Gen 200 ETF 0.0 20 29 -7.0 -18.2
BECO BlackRock Future Climate and Sustainable Economy ETF 0.0 70 -21 13.2 +1.9
EXI iShares Global Industrials ETF 0.0 42 7 4.7 -6.6
IQIN IQ 500 International ETF 0.0 25 24 8.9 -2.4
BLLD JPMorgan Sustainable Infrastructure ETF 0.0 49 0 6.3 -5.0
FAN First Trust Global Wind Energy ETF 0.0 60 -11 5.7 -5.6
WNDY Global X Wind Energy ETF 0.0 50 -1 5.0 -6.3
IXJ iShares Global Healthcare ETF 0.0 42 7 5.9 -5.3
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.0 19 30 5.5 -5.7
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 46 6.8 -4.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 10 7.5 -3.8
DIVI Franklin International Core Dividend Tilt Index ETF 0.0 9 40 7.9 -3.3
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 10 7.5 -3.7
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 7 4.9 -6.3
SMLF iShares U.S. SmallCap Equity Factor ETF 0.0 15 34 6.0 -5.3
EMFM Global X MSCI Next Emerging & Frontier ETF 0.0 55 -6 7.8 -3.5

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:
Invesco FTSE RAFI Emerging Markets ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE

Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 11.5 %
Divided by: Fwd. P/BV 1.0 x
Less: Expense ratio 49 bp
Equals: ALTAR Score 11.2 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.42 CATEGORY
AVERAGE
1.40
 
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.