FlexShares Developed Markets ex-US Quality Low Volatility Idx
ALTAR
Score™
5.5% info Recommen-
dation
UNDERWEIGHT
2021E    2022E
P/E
ratio
19.1x P/Sales
ratio
1.7x
P/BV
ratio
2.0x Div.
yield
2.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The FlexShares Developed Markets ex-US Quality Low Volatility Index ETF tracks a multi-factor selected index of large- and mid-cap equities from developed markets excluding the United States.

FUND BASICS
Category International Equities
Fund Sponsor Northern Trust
Website www.flexshares.com
Inception date Jul 15, 2019
Assets (mns) $88
Currency USD
Expense ratio 32 bp
Distributions Quarterly

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 175
Wgt avg mkt cap (mns) $68,130
Large cap (>$10bn) 77.9%
Mid cap ($2-10bn) 21.3%
Small cap (<$2bn) 0.0%
Developed mkts 99.7%
Emerging mkts 0.3%

TOP TEN HOLDINGS
NESTLE SA-REG 4.3 %
ROCHE HOLDING AG-GENUSSCHEIN 4.3 %
NOVO NORDISK A/S-B 2.6 %
ROYAL BANK OF CANADA 1.8 %
GLAXOSMITHKLINE PLC 1.7 %
AIR LIQUIDE SA 1.5 %
LVMH MOET HENNESSY LOUIS VUI 1.5 %
COMMONWEALTH BANK OF AUSTRAL 1.5 %
BANK OF NOVA SCOTIA 1.4 %
IBERDROLA SA 1.3 %
Total 21.9 %

TOP COUNTRY EXPOSURE
JAPAN 24.7 %
SWITZERLAND 12.6 %
BRITAIN 9.5 %
CANADA 8.6 %
HONG KONG 7.3 %
DENMARK 6.1 %
FRANCE 5.9 %
NETHERLANDS 4.4 %
GERMANY 4.2 %
AUSTRALIA 3.3 %

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.
0.9% 25.5% -- -- 7.5%

Market Correlations
versus... Beta R-squared
S&P500 0.72 89%
MSCI EAFE 0.70 94%
MSCI Emg. Mkts. 0.53 61%

Technical Indicators
Recent close $27.47
30d moving avg. $26.92
Annualized volatility 15.8%
Short interest (ETF) 0.4%
Relative strength (RSI) 67

Liquidity measures
Avg. volume (thou.) 8
Turnover 0.3%
Bid/Ask (% of price) 0.18%
ADV underlying (mns) $16,163

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 410 potential alternatives to the FlexShares Developed Markets ex-US Quality Low Volatility Idx ETF based on the alternatives' overlap in portfolio holdings with QLVD. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: QLVD Expense: 32 bp ALTAR Score™: 5.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH QLVD
Ticker Fund
Name
Overlap1
vs QLVD
(%)
Expense
ratio
(bp)
Savings
vs QLVD
(bp)
ALTAR
Score™
(%)
ALTAR
vs QLVD
(%)
DFAI Dimensional International Core Equity Market ETF 57.7 18 14 6.0 +0.5
EFAV iShares Edge MSCI Min Vol EAFE ETF 41.1 20 12 4.9 -0.6
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 36.9 80 -48 5.5 +0.1
IDLV Invesco S&P International Developed Low Volatility ETF 33.4 25 7 5.7 +0.2
QEFA SPDR MSCI EAFE Quality Mix ETF 32.8 30 2 5.7 +0.2
DOL WisdomTree International LargeCap Dividend Fund 31.5 48 -16 6.7 +1.3
RBIN Nationwide Risk-Based International Equity ETF 31.0 42 -10 5.5 +0.0
DWMF WisdomTree International Multifactor Fund 29.8 38 -6 6.0 +0.5
IQLT iShares Edge MSCI Intl Quality Factor ETF 29.5 30 2 5.1 -0.4
FDEV Fidelity Targeted International Factor ETF 29.0 39 -7 5.5 +0.0
OEUR O'shares FTSE Europe Quality Dividend ETF 27.4 48 -16 4.5 -0.9
DWM WisdomTree International Equity Fund 27.3 48 -16 6.7 +1.2
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 27.0 40 -8 6.9 +1.4
GSIE Goldman Sachs ActiveBeta International Equity ETF 26.1 25 7 5.8 +0.3
RODM Hartford Multifactor Developed Markets (ex-US) ETF 25.9 29 3 7.1 +1.6
EUDG WisdomTree Europe Quality Dividend Growth Fund 25.7 58 -26 6.0 +0.5
IDHQ Invesco S&P International Developed Quality ETF 25.7 29 3 4.9 -0.6
IDHD Invesco S&P Intl Developed High Dividend Low Volatility ETF 25.7 30 2 7.4 +1.9
RNDM First Trust Developed International Equity Select ETF 25.5 65 -33 5.3 -0.2
VWID Virtus WMC International Dividend ETF 25.4 49 -17 7.2 +1.7
IQDE FlexShares International Quality Dividend Defensive Index ET 25.3 47 -15 10.3 +4.9
RESD WisdomTree International ESG Fund 25.3 30 2 5.9 +0.4
CIL VictoryShares International Volatility Weighted Index ETF 25.0 45 -13 5.9 +0.4
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 24.9 45 -13 5.9 +0.4
EFG iShares MSCI EAFE Growth ETF 24.6 40 -8 3.7 -1.8
BKIE BNY Mellon International Equity ETF 24.3 4 28 6.3 +0.8
TPIF Timothy Plan International ETF 24.0 62 -30 5.6 +0.2
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 23.4 25 7 5.6 +0.2
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 23.2 20 12 5.9 +0.4
PDEV Principal International Multi-Factor Core Index ETF 23.2 25 7 6.6 +1.1
IQSI IQ Candriam ESG International Equity ETF 23.0 15 17 6.0 +0.5
JHMD John Hancock Multifactor Developed International ETF 22.9 39 -7 6.0 +0.6
LVHI Legg Mason International Low Volatility High Dividend ETF 22.8 40 -8 8.2 +2.7
ESGD iShares MSCI EAFE ESG Optimized ETF 22.8 20 12 5.9 +0.4
EFA iShares MSCI EAFE ETF 22.6 32 0 5.9 +0.4
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 22.5 36 -4 5.9 +0.4
GSID Goldman Sachs MarketBeta International Equity ETF 22.2 20 12 5.9 +0.5
DBEU Xtrackers MSCI Europe Hedged Equity ETF 22.1 46 -14 5.7 +0.2
IEV iShares Europe ETF 22.1 59 -27 5.7 +0.2
BBEU JPMorgan BetaBuilders Europe ETF 22.0 9 23 3.0 -2.5
FLEH Franklin FTSE Europe Hedged ETF 21.8 9 23 6.1 +0.6
FLEE Franklin FTSE Europe ETF 21.7 9 23 6.0 +0.5
DTH WisdomTree International High Dividend Fund 21.3 58 -26 8.1 +2.6
HFXI IQ 50 Percent Hedged FTSE International ETF 21.2 20 12 6.2 +0.7
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 21.1 14 18 5.7 +0.2
SCHF Schwab International Equity ETF 21.0 6 26 6.2 +0.7
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 20.8 58 -26 5.8 +0.3
RFEU First Trust Riverfront Dynamic Europe ETF 20.8 83 -51 4.7 -0.8
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 20.3 7 25 6.2 +0.7
IDEV iShares Core MSCI International Developed Markets ETF 20.2 5 27 6.0 +0.6
IQDG WisdomTree International Quality Dividend Growth Fund 20.2 42 -10 6.0 +0.5
IEUR iShares Core MSCI Europe ETF 20.0 9 23 6.0 +0.5
TTAI TrimTabs All Cap International Free-Cash-Flow ETF 19.7 61 -29 4.3 -1.1
SPEU SPDR Portfolio Europe ETF 19.7 9 23 6.0 +0.5
IEFA iShares Core MSCI EAFE ETF 19.6 7 25 6.1 +0.6
FIVA Fidelity International Value Factor ETF 19.5 39 -7 8.0 +2.5
DMXF iShares ESG Advanced MSCI EAFE ETF 19.4 12 20 5.6 +0.1
IMTM iShares Edge MSCI Intl Momentum Factor ETF 19.3 30 2 3.7 -1.8
RFDI First Trust Riverfront Dynamic Developed International ETF 19.1 83 -51 5.0 -0.5
JPIN JPMorgan Diversified Return International Equity ETF 18.9 37 -5 6.9 +1.4
PQIN PGIM QMA Strategic Alpha International Equity ETF 18.9 29 3 6.7 +1.2
SPDW SPDR Portfolio Developed World ex-US ETF 18.7 4 28 5.8 +0.4
ACWV iShares MSCI Global Min Vol Factor ETF 18.6 20 12 5.3 -0.2
NUDM Nuveen ESG International Developed Markets Equity ETF 18.3 40 -8 5.6 +0.1
IGRO iShares International Dividend Growth ETF 18.2 15 17 6.6 +1.1
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 18.1 45 -13 6.9 +1.5
CID VictoryShares Intl High Dividend Volatility Wtd Index ETF 18.0 45 -13 8.1 +2.6
CWI SPDR MSCI ACWI ex-US ETF 17.8 30 2 6.0 +0.5
FICS First Trust International Developed Capital Strength ETF 17.8 70 -38 4.3 -1.2
INTF iShares Edge MSCI Multifactor Intl ETF 17.6 30 2 7.2 +1.7
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 17.6 35 -3 5.7 +0.2
HDEF Xtrackers MSCI EAFE High Dividend Yield Hedged Equity ETF 17.3 20 12 8.1 +2.7
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 17.3 25 7 6.2 +0.8
IDLB Invesco FTSE International Low Beta Equal Weight ETF 17.2 45 -13 5.7 +0.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 16.9 41 -9 6.0 +0.5
ACWX iShares MSCI ACWI ex U.S. ETF 16.9 32 0 6.1 +0.6
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 16.7 20 12 9.1 +3.6
RODE Hartford Multifactor Diversified International ETF 16.7 29 3 9.4 +4.0
EFAD ProShares MSCI EAFE Dividend Growers ETF 16.1 51 -19 4.8 -0.7
FNDF Schwab Fundamental International Large Co. Index ETF 15.9 25 7 7.4 +1.9
EFV iShares MSCI EAFE Value ETF 15.8 39 -7 7.8 +2.4
ACSG Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF 15.6 16 16 5.8 +0.3
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 15.5 39 -7 5.6 +0.1
ISZE iShares Edge MSCI Intl Size Factor ETF 15.3 30 2 5.8 +0.4
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 15.2 58 -26 4.9 -0.6
EWJ iShares MSCI Japan ETF 15.2 51 -19 5.9 +0.5
IQDF FlexShares International Quality Dividend Index Fund 15.1 47 -15 7.9 +2.4
IQIN IQ 500 International ETF 15.1 25 7 7.0 +1.5
FIDI Fidelity International High Dividend ETF 15.1 39 -7 8.1 +2.7
DBJP Xtrackers MSCI Japan Hedged Equity ETF 15.0 46 -14 6.1 +0.7
IPAC iShares Core MSCI Pacific ETF 15.0 9 23 6.1 +0.6
ZJPN SPDR Solactive Japan ETF 14.9 14 18 6.4 +1.0
IXUS ishares Core MSCI Total International Stock ETF 14.8 9 23 6.2 +0.7
QWLD SPDR MSCI World StrategicFactors ETF 14.7 30 2 5.2 -0.3
BBJP JPMorgan BetaBuilders Japan ETF 14.6 19 13 3.0 -2.5
EWJE iShares MSCI Japan Equal Weighted ETF 14.5 15 17 6.1 +0.6
EUDV ProShares MSCI Europe Dividend Growers ETF 14.4 56 -24 4.7 -0.8
FLJH Franklin FTSE Japan Hedged ETF 14.3 9 23 6.6 +1.1
FLJP Franklin FTSE Japan ETF 14.3 9 23 6.4 +0.9
DOO WisdomTree International Dividend ex-Financials Fund 14.2 58 -26 7.3 +1.8
RFAP First Trust Riverfront Dynamic Asia Pacific ETF 14.2 83 -51 5.3 -0.2
JPN Xtrackers Japan JPX-Nikkei 400 Equity ETF 14.1 9 23 6.5 +1.0
JPXN iShares JPX-Nikkei 400 ETF 14.0 48 -16 6.1 +0.6
EURZ Xtrackers Eurozone Equity ETF 13.9 9 23 5.8 +0.3
QINT American Century Quality Diversified International ETF 13.9 39 -7 6.2 +0.7
EZU iShares MSCI Eurozone ETF 13.9 51 -19 5.3 -0.1
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 13.7 39 -7 6.6 +1.1
ESGN Columbia Sustainable International Equity Income ETF 13.7 45 -13 8.5 +3.0
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 13.3 47 -15 5.5 +0.0
VIGI Vanguard International Dividend Appreciation ETF 13.3 20 12 4.6 -0.8
UIVM VictoryShares USAA MSCI International Value Momentum ETF 12.9 35 -3 7.6 +2.1
IVLU iShares Edge MSCI Intl Value Factor ETF 12.5 30 2 9.4 +4.0
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 12.4 24 8 6.5 +1.0
AVDE Avantis International Equity ETF 12.4 23 9 6.4 +0.9
ISDX Invesco RAFI Strategic Developed ex-US ETF 12.3 23 9 6.0 +0.5
FID First Trust S&P International Dividend Aristocrats ETF 12.3 60 -28 8.4 +3.0
FLSW Franklin FTSE Switzerland ETF 12.2 9 23 4.8 -0.7
EWL iShares MSCI Switzerland ETF 12.0 51 -19 4.3 -1.1
JIG JPMorgan International Growth ETF 11.6 55 -23 2.5 -3.0
SDGA Impact Shares Sustainable Development Goals Global ETF 11.4 75 -43 4.7 -0.7
DWX SPDR S&P International Dividend ETF 11.3 45 -13 6.9 +1.4
WDIV SPDR Global Dividend ETF 11.1 40 -8 8.6 +3.1
HEDJ WisdomTree Europe Hedged Equity Fund 11.1 58 -26 5.4 -0.1
ESGG FlexShares STOXX Global ESG Impact Index Fund 10.8 42 -10 4.6 -0.9
EWJV iShares MSCI Japan Value ETF 10.8 15 17 8.3 +2.8
IDMO Invesco S&P International Developed Momentum ETF 10.5 25 7 3.3 -2.2
IXJ iShares Global Healthcare ETF 10.5 46 -14 6.0 +0.6
DEW WisdomTree Global High Dividend Fund 10.3 58 -26 8.1 +2.7
EPP iShares MSCI Pacific ex-Japan ETF 10.1 48 -16 5.3 -0.1
DIVS SmartETFs Dividend Builder ETF 9.8 65 -33 5.5 0.0
VEA Vanguard FTSE Developed Markets ETF 9.7 5 27 6.1 +0.7
VGK Vanguard FTSE Europe ETF 9.3 8 24 6.1 +0.6
FEZ SPDR EURO STOXX 50 ETF 9.2 29 3 5.4 -0.1
VYMI Vanguard International High Dividend Yield ETF 9.2 27 5 8.6 +3.1
DIM WisdomTree International MidCap Dividend Fund 9.1 58 -26 6.6 +1.1
VPL Vanguard FTSE Pacific ETF 9.1 8 24 6.2 +0.8
BBAX JPMorgan BetaBuilders Developed Asia ex-Japan ETF 9.0 19 13 2.7 -2.7
PIZ Invesco DWA Developed Markets Momentum ETF 9.0 80 -48 3.2 -2.3
IDV iShares International Select Dividend ETF 9.0 49 -17 9.2 +3.7
VSGX Vanguard ESG International Stock ETF 9.0 17 15 6.1 +0.6
URTH iShares MSCI World ETF 9.0 24 8 4.8 -0.7
GOAT VanEck Vectors Morningstar Global Wide Moat ETF 8.9 52 -20 4.7 -0.7
GDVD Principal Active Global Dividend Income ETF 8.9 58 -26 0.0 -5.5
HART IQ Healthy Hearts ETF 8.8 45 -13 4.7 -0.8
ICOW Pacer Developed Markets International Cash Cows 100 ETF 8.8 65 -33 9.6 +4.2
WWJD Inspire International ESG ETF 8.7 80 -48 5.3 -0.2
KXI iShares Global Consumer Staples ETF 8.6 46 -14 4.9 -0.6
ZCAN SPDR Solactive Canada ETF 8.4 14 18 6.4 +0.9
IXG iShares Global Financials ETF 8.4 46 -14 7.9 +2.4
GCOW Pacer Global High Dividend ETF 8.4 60 -28 9.5 +4.0
BBCA JPMorgan BetaBuilders Canada ETF 8.4 19 13 3.0 -2.5
VEU Vanguard FTSE All-World ex-US Index Fund 8.3 8 24 6.4 +0.9
FEP First Trust Europe AlphaDEX Fund 8.2 80 -48 6.5 +1.0
DSTX Distillate International Fundamental Stability & Value ETF 8.0 55 -23 6.0 +0.6
FLGB Franklin FTSE United Kingdom ETF 8.0 9 23 6.9 +1.4
EWC iShares MSCI Canada ETF 8.0 51 -19 6.0 +0.5
KLDW Gavekal Knowledge Leaders Developed World ETF 8.0 75 -43 4.0 -1.5
IOO iShares Global 100 ETF 8.0 40 -8 4.6 -0.9
DGT SPDR Global Dow ETF 7.9 50 -18 6.1 +0.6
XT iShares Exponential Technologies ETF 7.9 47 -15 4.4 -1.1
LOWC SPDR MSCI ACWI Low Carbon Target ETF 7.9 20 12 5.1 -0.3
KOKU Xtrackers MSCI Kokusai Equity ETF 7.9 9 23 4.8 -0.6
FJP First Trust Japan AlphaDEX Fund 7.8 80 -48 7.7 +2.2
TOK iShares MSCI Kokusai ETF 7.8 25 7 4.7 -0.8
ZGBR SPDR Solactive United Kingdom ETF 7.7 14 18 7.1 +1.6
DXJ WisdomTree Japan Hedged Equity Fund 7.7 48 -16 7.4 +1.9
FDT First Trust Developed Markets ex-US Alphadex Fund 7.7 80 -48 7.0 +1.5
EWH iShares MSCI Hong Kong ETF 7.7 51 -19 5.7 +0.2
ACWI iShares MSCI ACWI ETF 7.6 32 0 4.9 -0.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 7.5 20 12 5.1 -0.3
MOTI VanEck Vectors Morningstar International Moat ETF 7.5 58 -26 7.6 +2.2
EWU iShares MSCI United Kingdom ETF 7.5 51 -19 6.6 +1.1
FLCA Franklin FTSE Canada ETF 7.5 9 23 6.5 +1.0
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 7.5 47 -15 5.1 -0.3
IDOG ALPS International Sector Dividend Dogs ETF 7.4 50 -18 7.8 +2.4
DMDV AAM S&P Developed Markets High Dividend Value ETF 7.2 39 -7 8.7 +3.2
IQDY FlexShares International Quality Dividend Dynamic Index Fund 7.2 47 -15 8.7 +3.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 7.1 9 23 5.1 -0.4
JSTC Adasina Social Justice All Cap Global ETF 7.0 89 -57 4.8 -0.6
FLHK Franklin FTSE Hong Kong ETF 6.9 9 23 6.4 +0.9
VXUS Vanguard Total International Stock ETF 6.9 8 24 6.3 +0.8
MXI iShares Global Materials ETF 6.8 45 -13 5.0 -0.5
ZHOK SPDR Solactive Hong Kong ETF 6.8 14 18 5.7 +0.2
DWCR Arrow DWA Country Rotation ETF 6.6 136 -104 3.2 -2.2
FSZ First Trust Switzerland AlphaDEX Fund 6.5 80 -48 3.6 -1.8
FGD First Trust Dow Jones Global Select Dividend Index Fund 6.5 59 -27 10.5 +5.1
LEGR First Trust Indxx Innovative Transaction & Process ETF 6.2 65 -33 8.0 +2.6
EDEN iShares MSCI Denmark Capped ETF 6.0 53 -21 4.7 -0.8
FEUZ First Trust Eurozone AlphaDEX ETF 6.0 80 -48 6.2 +0.8
FLFR Franklin FTSE France ETF 5.9 9 23 5.3 -0.2
GXF Global X FTSE Nordic Region ETF 5.8 56 -24 7.3 +1.8
PID Invesco International Dividend Achievers ETF 5.8 53 -21 8.0 +2.5
EWQ iShares MSCI France ETF 5.8 51 -19 4.9 -0.6
SDG iShares Sustainable MSCI Global Impact ETF 5.7 49 -17 5.3 -0.2
INFR Legg Mason Global Infrastructure ETF 5.7 40 -8 4.9 -0.5
DVYA iShares Asia/Pacific Dividend ETF 5.6 49 -17 10.7 +5.2
ACWF iShares MSCI Global Multifactor ETF 5.3 35 -3 6.6 +1.2
VIDI Vident International Equity Fund 5.2 59 -27 8.8 +3.4
JOYY Infusive Compounding Global Equities ETF 5.1 50 -18 3.5 -2.0
BLES Inspire Global Hope Large Cap ETF 5.0 52 -20 4.9 -0.6
IXP iShares Global Comm Services ETF 5.0 46 -14 4.8 -0.7
JXI iShares Global Utilities ETF 4.9 46 -14 5.3 -0.2
NXTG First Trust Indxx NextG ETF 4.7 70 -38 5.1 -0.4
EXI iShares Global Industrials ETF 4.7 46 -14 4.3 -1.2
EFAS Global X MSCI SuperDividend EAFE ETF 4.5 56 -24 7.5 +2.1
EUFN iShares MSCI Europe Financials ETF 4.5 48 -16 9.6 +4.2
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 4.4 80 -48 7.2 +1.7
FKU First Trust United Kingdom AlphaDEX Fund 4.4 80 -48 7.3 +1.8
PAWZ ProShares Pet Care ETF 4.3 50 -18 2.3 -3.2
EWN iShares MSCI Netherlands ETF 4.3 51 -19 3.9 -1.6
FYLD Cambria Foreign Shareholder Yield ETF 4.2 59 -27 6.7 +1.2
IMFL Invesco International Developed Dynamic Multifactor ETF 4.1 34 -2 8.1 +2.6
RXI iShares Global Consumer Discretionary ETF 4.1 46 -14 3.5 -1.9
IVAL Alpha Architect International Quantitative Value ETF 4.1 59 -27 7.7 +2.2
VT Vanguard Total World Stock ETF 3.9 8 24 5.2 -0.3
DBGR Xtrackers MSCI Germany Hedged Equity ETF 3.9 45 -13 6.0 +0.5
EWG iShares MSCI Germany ETF 3.8 51 -19 5.8 +0.3
FLGR Franklin FTSE Germany ETF 3.6 9 23 6.3 +0.8
AIIQ AI Powered International Equity ETF 3.6 79 -47 4.0 -1.5
KOIN Innovation Shares NextGen Protocol ETF 3.6 95 -63 3.6 -1.9
WLDR Affinity World Leaders Equity ETF 3.6 47 -15 7.6 +2.1
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 3.4 50 -18 3.3 -2.1
AGNG Global X Aging Population ETF 3.4 50 -18 3.2 -2.2
DXGE WisdomTree Germany Hedged Equity Fund 3.3 48 -16 7.3 +1.8
FLAU Franklin FTSE Australia ETF 3.3 9 23 5.5 +0.0
EWA iShares MSCI Australia ETF 3.3 51 -19 5.0 -0.5
INFL Horizon Kinetics Inflation Beneficiaries ETF 3.3 85 -53 3.4 -2.1
ZDEU SPDR Solactive Germany ETF 3.3 14 18 6.7 +1.2
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 3.1 47 -15 4.6 -0.9
FVL First Trust Value Line 100 ETF 3.1 70 -38 0.0 -5.5
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 3.0 68 -36 4.3 -1.1
FVD First Trust Value Line Dividend Index Fund 2.8 70 -38 5.3 -0.2
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 2.6 49 -17 4.4 -1.1
WPS iShares International Developed Property ETF 2.6 48 -16 6.2 +0.7
DRW WisdomTree Global ex-US Real Estate Fund 2.6 58 -26 8.9 +3.4
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 2.5 46 -14 5.5 +0.0
FDD First Trust Stoxx European Select Dividend Index Fund 2.5 58 -26 8.2 +2.8
HAUZ Xtrackers International Real Estate ETF 2.4 10 22 7.4 +1.9
IXN iShares Global Tech ETF 2.4 46 -14 3.7 -1.8
FNDC Schwab Fundamental International Small Co. Index ETF 2.4 39 -7 5.0 -0.4
AAXJ iShares MSCI All Country Asia ex Japan ETF 2.4 70 -38 5.7 +0.3
EWD iShares MSCI Sweden ETF 2.3 51 -19 7.4 +1.9
IFGL iShares International Developed Real Estate ETF 2.2 48 -16 6.1 +0.6
GRES IQ Global Resources ETF 2.2 78 -46 5.6 +0.1
FLAX Franklin FTSE Asia Ex Japan ETF 2.2 19 13 6.5 +1.0
GQRE FlexShares Global Quality Real Estate Index Fund 2.1 45 -13 5.7 +0.2
DAX Global X DAX Germany ETF 2.1 21 11 6.2 +0.7
SMEZ SPDR EURO STOXX Small Cap ETF 2.1 45 -13 5.7 +0.2
FPXE First Trust IPOX Europe Equity Opportunities ETF 2.1 70 -38 2.1 -3.4
FDRR Fidelity Dividend ETF for Rising Rates 2.0 29 3 6.2 +0.7
IPKW Invesco International BuyBack Achievers ETF 2.0 55 -23 6.3 +0.8
FGM First Trust Germany AlphaDEX Fund 2.0 80 -48 5.2 -0.3
EFNL iShares MSCI Finland Capped ETF 2.0 53 -21 4.7 -0.8
GVAL Cambria Global Value ETF 1.9 65 -33 8.5 +3.1
DTEC ALPS Disruptive Technologies ETF 1.8 50 -18 2.7 -2.8
GLIF AGFiQ Global Infrastructure ETF 1.8 45 -13 4.2 -1.3
EWS iShares MSCI Singapore ETF 1.8 51 -19 6.3 +0.8
GNR SPDR S&P Global Natural Resources ETF 1.8 40 -8 5.7 +0.3
DINT Davis Select International ETF 1.7 65 -33 5.3 -0.1
AIA iShares Asia 50 ETF 1.7 50 -18 5.9 +0.4
CGW Invesco S&P Global Water Index ETF 1.6 57 -25 3.6 -1.9
PIO Invesco Global Water ETF 1.6 75 -43 3.5 -2.0
EWK iShares MSCI Belgium Capped ETF 1.6 51 -19 6.1 +0.6
FDVV Fidelity Core Dividend ETF 1.6 29 3 6.1 +0.6
HJEN Direxion Hydrogen ETF 1.6 45 -13 -0.2 -5.6
PBD Invesco Global Clean Energy ETF 1.6 75 -43 0.4 -5.0
RWX SPDR Dow Jones International Real Estate ETF 1.6 59 -27 5.4 -0.1
ANEW ProShares MSCI Transformational Changes ETF 1.5 45 -13 2.6 -2.9
HDRO Defiance Next Gen H2 ETF 1.5 30 2 -10.3 -15.8
FPXI First Trust International Equity Opportunities ETF 1.5 70 -38 2.3 -3.2
FTRI First Trust Indxx Global Natural Resources Income ETF 1.5 70 -38 9.0 +3.5
IMOM Alpha Architect International Quantitative Momentum ETF 1.5 59 -27 3.0 -2.4
BNE Blue Horizon BNE ETF 1.5 87 -55 2.7 -2.8
EWP iShares MSCI Spain ETF 1.4 51 -19 7.2 +1.7
GII SPDR S&P Global Infrastructure ETF 1.4 40 -8 4.2 -1.3
IGF iShares Global Infrastructure ETF 1.4 46 -14 4.1 -1.4
FFR First Trust FTSE EPRA/NAREIT Developed Markets Real Estate 1.4 60 -28 5.4 -0.1
GENY Principal Millennials Index ETF 1.4 45 -13 3.0 -2.5
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.4 12 20 8.5 +3.1
HAP VanEck Vectors Natural Resources ETF 1.4 50 -18 5.0 -0.5
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 1.4 75 -43 5.7 +0.2
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.4 65 -33 1.4 -4.0
QTUM Defiance Quantum ETF 1.3 40 -8 4.4 -1.1
SULR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 1.3 79 -47 3.8 -1.6
FAN First Trust Global Wind Energy ETF 1.3 62 -30 3.7 -1.7
SGDM Sprott Gold Miners ETF 1.3 50 -18 4.4 -1.0
NANR SPDR S&P North American Natural Resources ETF 1.3 35 -3 3.9 -1.6
GOAU U.S. Global GO GOLD & Precious Metal Miners ETF 1.3 60 -28 3.8 -1.7
HTEC ROBO Global Healthcare Technology & Innovation ETF 1.3 68 -36 1.1 -4.4
EBLU Ecofin Global Water ESG Fund 1.3 40 -8 3.6 -1.9
AQWA Global X Clean Water ETF 1.3 50 -18 3.6 -1.9
PZD Invesco Cleantech ETF 1.2 65 -33 3.6 -1.9
URA Global X Uranium ETF 1.1 69 -37 1.2 -4.3
ASEA Global X Southeast Asia ETF 1.0 65 -33 7.6 +2.1
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 1.0 47 -15 1.3 -4.2
NKEF Sample Portfolio 1.0 0 32 3.8 -1.7
IVES Wedbush ETFMG Global Cloud Technology ETF 1.0 68 -36 2.0 -3.4
ECLN First Trust EIP Carbon Impact ETF 1.0 97 -65 3.0 -2.4
RWO SPDR Dow Jones Global Real Estate ETF 1.0 50 -18 5.3 -0.2
ADIV SmartETFs Asia Pacific Dividend Builder ETF 1.0 78 -46 7.9 +2.4
SCHC Schwab International Small-Cap Equity ETF 0.9 11 21 5.0 -0.5
IEUS iShares MSCI Europe Small-Cap ETF 0.9 40 -8 5.0 -0.5
OBOR KraneShares MSCI One Belt One Road Index ETF 0.9 79 -47 7.4 +1.9
PSP Invesco Global Listed Private Equity ETF 0.9 158 -126 5.7 +0.2
RNEM First Trust Emerging Markets Equity Select ETF 0.9 75 -43 9.8 +4.4
IVRA Invesco Real Assets ESG ETF 0.8 59 -27 4.9 -0.6
EIS iShares MSCI Israel ETF 0.8 59 -27 6.4 +0.9
ISRA VanEck Vectors Israel ETF 0.8 62 -30 5.3 -0.1
AVDV Avantis International Small Cap Value ETF 0.8 36 -4 6.3 +0.8
THNQ ROBO Global Artificial Intelligence ETF 0.8 68 -36 1.6 -3.9
PRNT The 3D Printing ETF 0.8 66 -34 1.3 -4.1
RING iShares MSCI Global Gold Miners ETF 0.8 39 -7 4.8 -0.7
SLVP iShares MSCI Global Silver Miners ETF 0.8 39 -7 2.5 -2.9
SIL Global X Silver Miners ETF 0.7 65 -33 2.8 -2.7
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 0.7 95 -63 8.4 +2.9
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.7 75 -43 1.8 -3.7
MJ ETFMG Alternative Harvest ETF 0.7 75 -43 -2.5 -8.0
ARKX ARK Space Exploration & Innovation ETF 0.6 75 -43 3.0 -2.5
ROBO Robo Global Robotics & Automation Index ETF 0.6 95 -63 2.2 -3.2
IQM Franklin Intelligent Machines ETF 0.6 50 -18 1.7 -3.8
AIQ Global X Future Analytics Tech ETF 0.6 68 -36 3.2 -2.3
SCZ iShares MSCI Eafe Small-Cap ETF 0.6 40 -8 5.2 -0.3
FLIY Franklin FTSE Italy ETF 0.6 9 23 7.5 +2.1
EWI iShares MSCI Italy ETF 0.6 51 -19 7.0 +1.5
BFIT Global X Health & Wellness ETF 0.6 50 -18 3.9 -1.6
EWUS iShares MSCI United Kingdom Small Cap ETF 0.6 59 -27 5.3 -0.2
LEND Amplify CrowdBureau Peer-to-Peer Lending & Crowdfunding ETF 0.6 65 -33 5.7 +0.3
JGLD Amplify Pure Junior Gold Miners ETF 0.6 49 -17 4.1 -1.3
KRMA Global X Conscious Companies ETF 0.5 43 -11 4.8 -0.7
XBUY Amplify International Online Retail ETF 0.5 69 -37 1.1 -4.4
SKYY First Trust Cloud Computing ETF 0.5 60 -28 2.5 -3.0
PNQI Invesco NASDAQ Internet ETF 0.5 60 -28 1.5 -4.0
JEMA JPMorgan Emerging Markets Equity Core ETF 0.4 39 -7 5.8 +0.3
IDNA iShares Genomics Immunology & Healthcare ETF 0.4 47 -15 -2.8 -8.3
VRAI Virtus Real Asset Income ETF 0.4 55 -23 6.5 +1.0
EPU iShares MSCI All Peru Capped ETF 0.4 59 -27 4.8 -0.7
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 0.4 58 -26 6.6 +1.2
BFTR Future Innovators ETF 0.4 80 -48 -0.7 -6.2
ESPO VanEck Vectors Video Gaming & eSports ETF 0.4 55 -23 3.0 -2.5
CZA Invesco Zacks Mid-Cap ETF 0.4 69 -37 5.3 -0.2
UTES Virtus Reaves Utilities ETF 0.4 49 -17 4.3 -1.1
ITEQ BlueStar Israel Technology ETF 0.4 75 -43 1.6 -3.9
IWFH iShares Virtual Work and Life Multisector ETF 0.4 47 -15 0.5 -5.0
QQQJ Invesco NASDAQ Next Gen 100 ETF 0.4 15 17 2.3 -3.2
CEZ VictoryShares Emerging Market Volatility Wtd ETF 0.3 50 -18 9.8 +4.3
RSX VanEck Vectors Russia ETF 0.3 67 -35 14.9 +9.5
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 0.3 61 -29 8.8 +3.3
FDEM Fidelity Emerging Markets Multifactor ETF 0.3 45 -13 8.6 +3.1
FDNI First Trust Dow Jones International Internet ETF 0.3 65 -33 1.8 -3.6
ARKF ARK Fintech Innovation ETF 0.3 75 -43 0.5 -5.0
GIGE SoFi Gig Economy ETF 0.3 59 -27 -0.4 -5.9
CARZ First Trust NASDAQ Global Auto Index Fund 0.3 70 -38 8.9 +3.4
MOTO SmartETFs Smart Transportation & Technology ETF 0.3 68 -36 5.2 -0.3
IDRV iShares Self-driving EV & Tech ETF 0.3 47 -15 5.1 -0.4
EKAR Innovation Shares NextGen Vehicles & Technology ETF 0.3 95 -63 4.8 -0.7
DRIV Global X Autonomous & Electric Vehicles ETF 0.3 68 -36 4.4 -1.1
BMED BlackRock Future Health ETF 0.3 85 -53 -0.7 -6.2
SOCL Global X Social Media ETF 0.3 65 -33 1.9 -3.6
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.3 36 -4 6.9 +1.4
GAMR ETFMG Video Game Tech ETF 0.2 75 -43 2.8 -2.7
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde 0.2 70 -38 3.4 -2.1
SDIV Global X SuperDividend ETF 0.2 59 -27 14.1 +8.7
PICK iShares MSCI Global Metals & Mining Producers ETF 0.2 39 -7 6.7 +1.2
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 0.2 32 0 7.9 +2.4
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.2 30 2 7.5 +2.0
DWLD Davis Select Worldwide ETF 0.2 63 -31 6.1 +0.6
DUSA Davis Select U.S. Equity ETF 0.2 62 -30 6.1 +0.6
EMLP First Trust North American Energy Infrastructure Fund 0.2 96 -64 4.3 -1.2
BKEM BNY Mellon Emerging Markets Equity ETF 0.2 18 14 6.8 +1.4
IPAY ETFMG Prime Mobile Payments ETF 0.2 75 -43 4.6 -0.9
TPAY Tortoise Digital Payments Infrastructure Fund 0.2 40 -8 4.1 -1.3
FINX Global X FinTech Thematic ETF 0.2 68 -36 2.5 -3.0
WUGI Esoterica NextG Economy ETF 0.2 75 -43 0.8 -4.7
BTEK BlackRock Future Tech ETF 0.2 88 -56 -0.2 -5.7
NUEM Nuveen ESG Emerging Markets Equity ETF 0.2 45 -13 5.8 +0.3
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.1 59 -27 10.2 +4.8
JOET Virtus Terranova US Quality Momentum ETF 0.1 29 3 4.1 -1.3
GVIP Goldman Sachs Hedge Industry VIP ETF 0.1 45 -13 3.6 -1.9
FEVR Inspire Faithward Large Cap Momentum ESG ETF 0.1 85 -53 3.3 -2.2
IGM iShares Expanded Tech Sector ETF 0.1 46 -14 3.3 -2.2
EBIZ Global X E-Commerce ETF 0.1 50 -18 3.1 -2.4
XNTK SPDR NYSE Technology ETF 0.1 35 -3 2.9 -2.6
GURU Global X Guru Index ETF 0.1 75 -43 2.6 -2.9
SENT AdvisorShares Alpha DNA Equity Sentiment ETF 0.1 112 -80 2.5 -3.0
LCG Sterling Capital Focus Equity ETF 0.1 59 -27 2.0 -3.5
KOMP SPDR Kensho New Economies Composite ETF 0.1 20 12 1.9 -3.6
BUZZ VanEck Vectors Social Sentiment ETF 0.1 75 -43 1.7 -3.8
WWOW Direxion World Without Waste ETF 0.1 50 -18 1.1 -4.4
CLOU Global X Cloud Computing ETF 0.1 68 -36 0.9 -4.6
ALFA AlphaClone Alternative Alpha ETF 0.1 65 -33 0.8 -4.7
XITK SPDR FactSet Innovative Technology ETF 0.1 45 -13 0.3 -5.2
BUYZ Franklin Disruptive Commerce ETF 0.1 50 -18 -0.1 -5.6
IBUY Amplify Online Retail ETF 0.1 65 -33 -0.3 -5.8
ARKW ARK Web x.0 ETF 0.1 79 -47 -0.8 -6.2
SFYF SoFi 50 ETF 0.1 29 3 -1.2 -6.7
ARKK ARK Innovation ETF 0.1 75 -43 -1.2 -6.7
WCLD WisdomTree Cloud Computing Fund 0.1 45 -13 -1.2 -6.7
ENZL iShares MSCI New Zealand Capped ETF 0.1 51 -19 2.7 -2.8
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.1 20 12 5.8 +0.4
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 11 21 5.3 -0.2
JETS US Global Jets ETF 0.1 60 -28 -2.1 -7.6
CRAK VanEck Vectors Oil Refiners ETF 0.1 60 -28 7.1 +1.6
FILL iShares MSCI Global Energy Producers ETF 0.1 39 -7 5.7 +0.3
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.1 66 -34 6.1 +0.6
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.1 30 2 6.5 +1.0
SPEM SPDR Portfolio Emerging Markets ETF 0.1 11 21 6.8 +1.3
ISEM Invesco RAFI Strategic Emerging Markets ETF 0.0 35 -3 9.1 +3.7
NORW Global X MSCI Norway ETF 0.0 50 -18 7.6 +2.2
ENOR iShares MSCI Norway ETF 0.0 53 -21 7.6 +2.2
GWX SPDR S&P International Small Cap ETF 0.0 40 -8 5.0 -0.5

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

  2016 2017 2018 2019 2020 2021E 2022E
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
  2020 2021E 2022E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
FlexShares Developed Markets ex-US Quality Low Volatility Idx
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 11.3 %
Divided by: Fwd. P/BV 2.0 x
Less: Expense ratio 32 bp
Equals: ALTAR Score 5.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.66 CATEGORY
AVERAGE
1.54
 
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.