FlexShares Emerging Markets Quality Low Volatility Index Fund
ALTAR
Score™		 7.2% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 13.5x P/Sales
ratio		 1.5x
P/BV
ratio		 1.3x Div.
yield		 3.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The FlexShares Emerging Markets Quality Low Volatility Index ETF tracks a multi-factor selected index of large- and mid-cap equities from emerging markets.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Northern Trust
Website www.flexshares.com
Inception date Jul 15, 2019
Assets (mns) $13
Currency USD
Expense ratio 40 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 185
Wgt avg mkt cap (mns) $145,441
Large cap (>$10bn) 70.1%
Mid cap ($2-10bn) 29.6%
Small cap (<$2bn) 0.0%
Developed mkts 3.0%
Emerging mkts 96.7%

TOP TEN HOLDINGS
TAIWAN SEMICONDUCTOR MANUFAC 9.1 %
TENCENT HOLDINGS LTD 5.5 %
ALIBABA GROUP HOLDING LTD. SPONSOR 4.0 %
INTERNATIONAL HOLDINGS COMPANY PJS 2.2 %
TATA CONSULTANCY SVS LTD 2.2 %
SAMSUNG ELECTRONICS CO LTD 1.6 %
CHINA CONSTRUCTION BANK-H 1.5 %
RELIANCE INDS-SPONS GDR 144A 1.4 %
BANK OF CHINA LTD - H 1.4 %
HINDUSTAN UNILEVER LIMITED 1.2 %
Total 30.1 %

TOP COUNTRY EXPOSURE
INDIA 23.2 %
CHINA 21.6 %
TAIWAN 17.2 %
MALAYSIA 5.6 %
UAE 5.1 %
SOUTH KOREA 4.6 %
QATAR 3.4 %
BRAZIL 2.8 %
KUWAIT 2.7 %
SAUDI ARABIA 2.2 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru April 30)
Year-to-date 1 year 5 years 10 years Since Incep.
3.6% 8.8% 5.8% -- 2.6%

Market Correlations
versus... Beta R-squared
S&P500 0.51 45%
MSCI EAFE 0.59 64%
MSCI Emg. Mkts. 0.72 93%

Technical Indicators
Recent close $26.78
30d moving avg. $25.25
Annualized volatility 12.6%
Short interest (ETF) 0.1%
Relative strength (RSI) 57

Liquidity measures
Avg. volume (thou.) 6
Turnover 1.2%
Bid/Ask (% of price) 0.38%
ADV underlying (mns) $6,084

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 417 potential alternatives to the FlexShares Emerging Markets Quality Low Volatility Index Fund ETF based on the alternatives' overlap in portfolio holdings with QLVE. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: QLVE Expense: 40 bp ALTAR Score™: 7.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH QLVE
Ticker Fund
Name		 Overlap1
vs QLVE
(%)		 Expense
ratio
(bp)		 Savings
vs QLVE
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs QLVE
(%)
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 39.6 15 25 8.5 +1.3
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 38.8 25 15 6.4 -0.8
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 35.8 30 10 10.1 +2.9
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 35.2 15 25 10.7 +3.5
FDEM Fidelity Emerging Markets Multifactor ETF 35.1 25 15 13.4 +6.2
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 35.0 66 -26 10.3 +3.1
BKEM BNY Mellon Emerging Markets Equity ETF 34.6 11 29 10.4 +3.2
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 34.2 45 -5 10.9 +3.7
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 34.2 30 10 10.7 +3.5
FLAX Franklin FTSE Asia Ex Japan ETF 33.8 19 21 9.8 +2.6
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 33.8 36 4 10.2 +3.0
EEMA iShares MSCI Emerging Markets Asia ETF 33.7 49 -9 10.6 +3.5
EEM iShares MSCI Emerging Markets ETF 33.0 69 -29 10.6 +3.4
AAXJ iShares MSCI All Country Asia ex Japan ETF 32.8 70 -30 9.7 +2.5
EMGF iShares Emerging Markets Equity Factor ETF 32.1 25 15 12.2 +5.0
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 31.5 20 20 10.6 +3.4
SCHE Schwab Emerging Markets Equity ETF 31.0 11 29 11.5 +4.3
ESGE iShares ESG Aware MSCI EM ETF 30.8 25 15 10.5 +3.3
JHEM John Hancock Multifactor Emerging Markets ETF 30.7 49 -9 10.5 +3.3
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 29.9 33 7 10.5 +3.3
IEMG iShares Core MSCI Emerging Markets ETF 29.5 9 31 10.8 +3.7
VWO Vanguard FTSE Emerging Markets ETF 29.3 8 32 10.9 +3.7
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 29.3 32 8 6.9 -0.3
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 28.6 24 16 8.4 +1.2
DFAE Dimensional Emerging Core Equity Market ETF 28.5 35 5 10.0 +2.8
EMMF WisdomTree Emerging Markets Multifactor Fund 28.1 48 -8 8.0 +0.8
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 28.0 32 8 9.5 +2.3
ECON Columbia Emerging Markets Consumer ETF 27.5 49 -9 12.9 +5.8
SPEM SPDR Portfolio Emerging Markets ETF 27.3 7 33 10.8 +3.6
EEMO Invesco S&P Emerging Markets Momentum ETF 27.1 29 11 6.7 -0.5
STXE Strive Emerging Markets Ex-China ETF 26.1 32 8 7.9 +0.7
DEHP Dimensional Emerging Markets High Profitability ETF 26.1 41 -1 7.0 -0.2
EMXC iShares MSCI Emerging Markets ex China ETF 26.1 25 15 7.8 +0.6
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 25.9 95 -55 13.0 +5.8
NUEM Nuveen ESG Emerging Markets Equity ETF 25.2 36 4 8.1 +0.9
MEM Matthews Emerging Markets Equity Active ETF 24.8 79 -39 8.3 +1.2
XCEM Columbia EM Core ex-China ETF 24.8 16 24 8.3 +1.1
XC WisdomTree Emerging Markets Ex-China Fund 24.7 32 8 6.1 -1.1
AIA iShares Asia 50 ETF 24.7 50 -10 14.3 +7.1
RNEM First Trust Emerging Markets Equity Select ETF 24.2 75 -35 6.8 -0.4
PXH Invesco FTSE RAFI Emerging Markets ETF 24.0 49 -9 16.6 +9.4
XCNY SPDR S&P Emerging Markets ex-China ETF 23.3 15 25 7.5 +0.3
GMF SPDR S&P Emerging Asia Pacific ETF 22.7 49 -9 9.9 +2.7
DFEM Dimensional Emerging Markets Core Equity 2 ETF 22.6 38 2 9.9 +2.7
LDEM iShares ESG MSCI EM Leaders ETF 22.6 17 23 13.7 +6.5
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 22.2 59 -19 12.2 +5.0
BKF iShares MSCI BIC ETF 22.0 69 -29 13.4 +6.3
EMXF iShares ESG Advanced MSCI EM ETF 22.0 16 24 8.5 +1.3
MINV Matthews Asia Innovators Active ETF 21.8 79 -39 7.6 +0.4
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 21.6 39 1 16.8 +9.6
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 21.5 41 -1 9.4 +2.2
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 21.3 44 -4 10.8 +3.6
EELV Invesco S&P Emerging Markets Low Volatility ETF 20.6 29 11 8.5 +1.3
EMDM First Trust Bloomberg Emerging Market Democracies ETF 20.2 75 -35 10.2 +3.0
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 19.4 88 -48 9.7 +2.6
FLIN Franklin FTSE India ETF 19.2 19 21 3.9 -3.3
ROAM Hartford Multifactor Emerging Markets ETF 18.9 44 -4 12.2 +5.0
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 18.5 50 -10 11.8 +4.6
AVEM Avantis Emerging Markets Equity ETF 18.3 33 7 9.4 +2.3
PATN Pacer Nasdaq International Patent Leaders ETF 17.6 65 -25 6.6 -0.6
PIN Invesco India ETF 17.4 78 -38 4.2 -3.0
INDA iShares MSCI India ETF 17.2 65 -25 4.3 -2.9
EDIV SPDR S&P Emerging Markets Dividend ETF 16.5 49 -9 11.8 +4.6
EWT iShares MSCI Taiwan ETF 16.4 58 -18 6.5 -0.7
FLTW Franklin FTSE Taiwan ETF 15.6 19 21 6.7 -0.5
EPI WisdomTree India Earnings Fund 15.0 85 -45 4.7 -2.5
NFTY First Trust India NIFTY 50 Equal Weight ETF 14.7 80 -40 4.8 -2.4
MCHI iShares MSCI China ETF 14.2 59 -19 18.3 +11.1
INDY iShares India 50 ETF 14.1 89 -49 4.5 -2.7
KALL KraneShares MSCI All China Index ETF 14.0 49 -9 14.9 +7.7
FLCH Franklin FTSE China ETF 13.9 19 21 17.4 +10.2
GXC SPDR S&P China ETF 13.9 59 -19 17.0 +9.9
FXI iShares China Large-Cap ETF 13.8 74 -34 18.5 +11.3
UEVM VictoryShares Emerging Markets Value Momentum ETF 13.7 45 -5 10.7 +3.5
FTHF First Trust Emerging Markets Human Flourishing ETF 13.5 75 -35 8.9 +1.7
EVLU iShares MSCI Emerging Markets Value Factor ETF 13.4 35 5 20.5 +13.3
GXUS Goldman Sachs MarketBeta Total International Equity ETF 12.2 18 22 8.0 +0.8
DVYE iShares Emerging Markets Dividend ETF 12.2 49 -9 18.6 +11.4
DEM WisdomTree Emerging Markets High Dividend Fund 12.1 63 -23 13.5 +6.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 11.7 41 -1 7.7 +0.5
CGRO CoreValues Alpha Greater China Growth ETF 11.5 75 -35 4.1 -3.1
JIG JPMorgan International Growth ETF 11.1 55 -15 4.7 -2.5
KNCT Invesco Next Gen Connectivity ETF 11.1 40 0 5.2 -2.0
ACWX iShares MSCI ACWI ex U.S. ETF 11.1 34 6 8.0 +0.8
AIQ Global X Artificial Intelligence & Technology ETF 10.9 68 -28 4.2 -3.0
EMC Global X Emerging Markets Great Consumer ETF 10.9 75 -35 8.2 +1.0
VSGX Vanguard ESG International Stock ETF 10.2 12 28 8.0 +0.8
VEU Vanguard FTSE All-World ex-US Index Fund 10.2 8 32 8.4 +1.2
IQDF FlexShares International Quality Dividend Index Fund 9.8 47 -7 9.3 +2.1
JCHI JPMorgan Active China ETF 9.8 65 -25 16.0 +8.8
IXUS iShares Core MSCI Total International Stock ETF 9.6 7 33 8.2 +1.0
VXUS Vanguard Total International Stock ETF 9.6 7 33 8.2 +1.1
DFEV Dimensional Emerging Markets Value ETF 9.5 43 -3 14.0 +6.8
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 9.4 60 -20 12.3 +5.1
ACWV iShares MSCI Global Min Vol Factor ETF 9.3 20 20 5.8 -1.4
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 9.2 86 -46 13.5 +6.3
MCH Matthews China Active ETF 9.2 79 -39 15.8 +8.6
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 8.5 90 -50 8.1 +0.9
RODE Hartford Multifactor Diversified International ETF 8.3 29 11 11.0 +3.8
CXSE WisdomTree China ex-State-Owned Enterprises Fund 8.3 32 8 18.4 +11.2
IQDY FlexShares International Quality Dividend Dynamic Index Fund 8.2 47 -7 8.6 +1.4
INCO Columbia India Consumer ETF 8.2 75 -35 1.7 -5.5
CGXU Capital Group International Focus Equity ETF 8.2 54 -14 5.8 -1.4
FRDM Freedom 100 Emerging Markets ETF 7.8 49 -9 8.8 +1.6
KWEB KraneShares CSI China Internet ETF 7.7 69 -29 26.9 +19.7
FDNI First Trust Dow Jones International Internet ETF 7.6 65 -25 19.2 +12.1
CQQQ Invesco China Technology ETF 7.5 70 -30 18.4 +11.2
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 7.3 42 -2 6.7 -0.5
NXTG First Trust Indxx NextG ETF 7.0 70 -30 5.6 -1.6
KTEC KraneShares Hang Seng TECH Index ETF 6.9 69 -29 20.6 +13.4
IXN iShares Global Tech ETF 6.8 41 -1 4.1 -3.1
LEGR First Trust Indxx Innovative Transaction & Process ETF 6.7 65 -25 8.2 +1.0
CWI SPDR MSCI ACWI ex-US ETF 6.5 30 10 8.0 +0.8
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 6.4 60 -20 7.1 -0.1
SCHY Schwab International Dividend Equity ETF 6.4 14 26 9.7 +2.6
IWTR iShares MSCI Water Management Multisector ETF 6.3 47 -7 6.0 -1.2
CHAT Roundhill Generative AI & Technology ETF 6.3 75 -35 7.0 -0.2
FBOT Fidelity Disruptive Automation ETF 6.1 50 -10 3.8 -3.4
FMET Fidelity Metaverse ETF 6.0 39 1 5.2 -2.0
SDEM Global X MSCI SuperDividend Emerging Markets ETF 5.9 67 -27 13.7 +6.6
VYMI Vanguard International High Dividend Yield ETF 5.8 22 18 9.9 +2.7
SOCL Global X Social Media ETF 5.7 65 -25 12.3 +5.1
ESPO VanEck Video Gaming and eSports ETF 5.7 56 -16 4.4 -2.8
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 5.7 75 -35 5.3 -1.9
ODDS Pacer BlueStar Digital Entertainment ETF 5.7 60 -20 2.3 -4.9
FEM First Trust Emerging Markets AlphaDEX Fund 5.6 80 -40 11.9 +4.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 5.5 30 10 8.4 +1.2
WRND IQ Global Equity R&D Leaders ETF 5.3 18 22 8.9 +1.7
AGQI First Trust Active Global Quality Income ETF 5.1 85 -45 5.0 -2.2
EWM iShares MSCI Malaysia ETF 5.0 50 -10 6.7 -0.5
IVES Wedbush ETFMG Global Cloud Technology ETF 5.0 68 -28 8.3 +1.1
EBIZ Global X E-Commerce ETF 5.0 50 -10 4.2 -3.0
GLIN VanEck India Growth Leaders ETF 5.0 77 -37 6.2 -1.0
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 5.0 80 -40 9.9 +2.8
FPXI First Trust International Equity Opportunities ETF 4.9 70 -30 3.6 -3.6
TCHI iShares MSCI China Multisector Tech ETF 4.9 59 -19 20.9 +13.8
AIVC Amplify Bloomberg AI Value Chain ETF 4.8 59 -19 6.5 -0.7
ONLN ProShares Online Retail ETF 4.8 58 -18 3.4 -3.8
XNTK SPDR NYSE Technology ETF 4.8 35 5 3.9 -3.3
IXP iShares Global Comm Services ETF 4.7 42 -2 6.3 -0.9
FDCF Fidelity Disruptive Communications ETF 4.7 50 -10 3.3 -3.9
FCA First Trust China AlphaDEX Fund 4.7 80 -40 10.1 +2.9
BNGE First Trust S-Network Streaming and Gaming ETF 4.7 70 -30 3.2 -4.0
NDIA Global X India Active ETF 4.6 75 -35 4.6 -2.6
ADIV SmartETFs Asia Pacific Dividend Builder ETF 4.6 78 -38 9.9 +2.7
KLMT Invesco MSCI Global Climate 500 ETF 4.6 10 30 6.0 -1.2
AVES Avantis Emerging Markets Value ETF 4.6 36 4 12.0 +4.8
CRBN iShares MSCI ACWI Low Carbon Target ETF 4.6 20 20 5.9 -1.3
METV Roundhill Ball Metaverse ETF 4.5 59 -19 7.4 +0.2
ISHP First Trust Nasdaq Retail ETF 4.5 60 -20 5.8 -1.4
VIDI Vident International Equity Strategy ETF 4.3 61 -21 11.3 +4.1
DGIN VanEck Digital India ETF 4.2 71 -31 1.9 -5.3
PGJ Invesco Golden Dragon China ETF 4.2 70 -30 14.2 +7.0
ACWI iShares MSCI ACWI ETF 4.2 32 8 5.8 -1.4
EWY iShares MSCI South Korea ETF 4.1 58 -18 10.4 +3.2
OGIG ALPS O'Shares Global Internet Giants ETF 4.1 48 -8 1.6 -5.6
MOTG VanEck Morningstar Global Wide Moat ETF 4.1 52 -12 6.9 -0.3
FLKR Franklin FTSE South Korea ETF 4.0 9 31 10.9 +3.7
MOTI VanEck Morningstar International Moat ETF 4.0 58 -18 12.9 +5.7
GSIB Themes Global Systemically Important Banks ETF 3.9 35 5 10.3 +3.1
CLNR IQ Cleaner Transport ETF 3.9 45 -5 6.9 -0.3
IVRS iShares Future Metaverse Tech and Communications ETF 3.8 47 -7 2.8 -4.4
DGT SPDR Global Dow ETF 3.8 50 -10 7.5 +0.3
DEW WisdomTree Global High Dividend Fund 3.7 58 -18 8.8 +1.6
IBLC iShares Blockchain and Tech ETF 3.7 47 -7 -3.4 -10.6
VT Vanguard Total World Stock ETF 3.7 7 33 6.2 -1.0
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 3.6 61 -21 1.4 -5.8
UMMA Wahed Dow Jones Islamic World ETF 3.6 65 -25 5.3 -1.9
ECOW Pacer Emerging Markets Cash Cows 100 ETF 3.5 70 -30 15.3 +8.2
EYLD Cambria Emerging Shareholder Yield ETF 3.4 66 -26 13.2 +6.0
BINV Brandes International ETF 3.4 70 -30 9.9 +2.7
QAT iShares MSCI Qatar ETF 3.4 59 -19 41.7 +34.6
EMM Global X Emerging Markets ex-China ETF 3.3 75 -35 6.0 -1.2
DINT Davis Select International ETF 3.3 55 -15 8.2 +1.0
DWLD Davis Select Worldwide ETF 3.3 63 -23 7.6 +0.4
ASEA Global X FTSE Southeast Asia ETF 3.0 65 -25 6.8 -0.4
ANEW ProShares MSCI Transformational Changes ETF 3.0 45 -5 6.2 -1.0
GLOF iShares Global Equity Factor ETF 3.0 20 20 6.9 -0.3
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.0 12 28 5.3 -1.9
JSTC Adasina Social Justice All Cap Global ETF 3.0 89 -49 4.5 -2.7
ARVR First Trust Indxx Metaverse ETF 3.0 70 -30 4.4 -2.8
OAIM OneAscent International Equity ETF 2.9 95 -55 6.2 -1.0
DWX SPDR S&P International Dividend ETF 2.8 45 -5 6.2 -1.0
RGEF Rockefeller Global Equity ETF 2.8 55 -15 5.1 -2.1
GVAL Cambria Global Value ETF 2.8 68 -28 11.1 +3.9
CHIQ Global X MSCI China Consumer Discretionary ETF 2.8 65 -25 14.5 +7.3
XT iShares Exponential Technologies ETF 2.7 46 -6 5.6 -1.6
FLBR Franklin FTSE Brazil ETF 2.7 19 21 15.3 +8.1
PNQI Invesco NASDAQ Internet ETF 2.7 60 -20 3.5 -3.7
QTUM Defiance Quantum ETF 2.7 40 0 6.6 -0.6
EDOG ALPS Emerging Sector Dividend Dogs ETF 2.7 60 -20 10.6 +3.4
FDT First Trust Developed Markets ex-US AlphaDEX Fund 2.6 80 -40 10.5 +3.3
GVIP Goldman Sachs Hedge Industry VIP ETF 2.6 45 -5 3.4 -3.8
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 2.6 68 -28 0.3 -6.9
GINN Goldman Sachs Innovate Equity ETF 2.5 52 -12 4.1 -3.1
VIGI Vanguard International Dividend Appreciation ETF 2.5 15 25 6.2 -1.0
FDTX Fidelity Disruptive Technology ETF 2.4 50 -10 2.8 -4.4
WUGI AXS Esoterica NextG Economy ETF 2.4 75 -35 2.6 -4.6
FEOE First Eagle Overseas Equity ETF 2.3 79 -39 8.4 +1.2
IGRO iShares International Dividend Growth ETF 2.3 15 25 7.3 +0.1
FLLA Franklin FTSE Latin America ETF 2.3 19 21 13.2 +6.0
EWZ iShares MSCI Brazil ETF 2.2 58 -18 13.3 +6.1
CARZ First Trust NASDAQ Global Auto Index Fund 2.1 70 -30 6.0 -1.2
VPL Vanguard FTSE Pacific ETF 2.1 8 32 7.5 +0.3
IOO iShares Global 100 ETF 2.1 41 -1 5.2 -2.0
WTAI WisdomTree Artificial Intelligence and Innovation Fund 2.1 45 -5 3.0 -4.2
IXG iShares Global Financials ETF 2.0 42 -2 6.8 -0.4
APIE ActivePassive International Equity ETF 2.0 45 -5 7.6 +0.4
INDF Nifty India Financials ETF 2.0 75 -35 6.3 -0.9
FNDF Schwab Fundamental International Large Co. Index ETF 2.0 25 15 10.0 +2.8
IDX VanEck Indonesia Index ETF 2.0 57 -17 7.6 +0.4
WWJD Inspire International ETF 2.0 80 -40 7.4 +0.2
CGGO Capital Group Global Growth Equity ETF 1.9 47 -7 4.9 -2.3
FLN First Trust Latin America AlphaDEX Fund 1.8 80 -40 10.1 +2.9
TTAI FCF International Quality ETF 1.8 59 -19 7.1 -0.1
DTCR Global X Data Center & Digital Infrastructure ETF 1.8 50 -10 4.6 -2.6
BUYZ Franklin Disruptive Commerce ETF 1.8 50 -10 2.3 -4.9
FLSA Franklin FTSE Saudi Arabia ETF 1.8 39 1 0.0 -7.2
BOUT Innovator IBD Breakout Opportunities ETF 1.7 81 -41 3.1 -4.1
EIDO iShares MSCI Indonesia ETF 1.7 59 -19 7.7 +0.5
FEGE First Eagle Global Equity ETF 1.7 79 -39 7.2 -0.0
IMFL Invesco International Developed Dynamic Multifactor ETF 1.7 34 6 6.0 -1.2
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.7 46 -6 10.6 +3.4
IBUY Amplify Online Retail ETF 1.7 65 -25 3.0 -4.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.6 9 31 6.1 -1.1
FBZ First Trust Brazil AlphaDEX Fund 1.6 80 -40 12.5 +5.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 1.6 45 -5 9.2 +2.0
SATO Invesco Alerian Galaxy Crypto Economy ETF 1.6 61 -21 -2.2 -9.4
FID First Trust S&P International Dividend Aristocrats ETF 1.6 60 -20 8.5 +1.3
WDIV SPDR S&P Global Dividend ETF 1.6 40 0 9.7 +2.6
UAE iShares MSCI UAE ETF 1.6 59 -19 0.0 -7.2
KSA iShares MSCI Saudi Arabia ETF 1.6 74 -34 0.0 -7.2
RXI iShares Global Consumer Discretionary ETF 1.5 41 -1 8.9 +1.7
ABLG Abacus FCF International Leaders ETF 1.5 59 -19 6.2 -1.0
EMIF iShares Emerging Markets Infrastructure ETF 1.5 60 -20 6.8 -0.4
ARTY iShares Future AI & Tech ETF 1.5 47 -7 3.6 -3.6
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.5 65 -25 3.2 -4.0
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 1.5 86 -46 0.3 -6.9
INQQ India Internet & Ecommerce ETF 1.5 86 -46 1.0 -6.2
BWEB Bitwise Web3 ETF 1.4 85 -45 0.2 -7.0
JGLO JPMorgan Global Select Equity ETF 1.4 33 7 5.1 -2.1
KOCG FIS Knights of Columbus Global Belief ETF 1.4 75 -35 5.1 -2.1
UIVM VictoryShares International Value Momentum ETF 1.3 35 5 9.6 +2.4
GURU Global X Guru Index ETF 1.3 75 -35 4.1 -3.1
FTAG First Trust Indxx Global Agriculture ETF 1.3 70 -30 8.4 +1.2
HFXI IQ FTSE International Equity Currency Neutral ETF 1.3 20 20 7.3 +0.1
OND ProShares On-Demand ETF 1.2 58 -18 0.8 -6.4
COPY Tweedy, Browne Insider + Value ETF 1.2 80 -40 12.6 +5.4
IGF iShares Global Infrastructure ETF 1.2 41 -1 4.7 -2.5
GII SPDR S&P Global Infrastructure ETF 1.2 40 0 4.7 -2.5
SCHF Schwab International Equity ETF 1.1 6 34 7.6 +0.4
OBOR KraneShares MSCI One Belt One Road Index ETF 1.1 79 -39 8.9 +1.7
CGIE Capital Group International Equity ETF 1.1 54 -14 5.0 -2.2
BLES Inspire Global Hope ETF 1.0 61 -21 6.9 -0.3
SDG iShares MSCI Global Sustainable Development Goals ETF 1.0 49 -9 6.3 -0.9
IQRA IQ CBRE Real Assets ETF 1.0 65 -25 5.7 -1.5
VEA Vanguard FTSE Developed Markets ETF 1.0 5 35 7.5 +0.3
ICLN iShares Global Clean Energy ETF 1.0 41 -1 6.0 -1.2
OSEA Harbor International Compounders ETF 1.0 55 -15 4.7 -2.5
SFYF SoFi Social 50 ETF 1.0 29 11 0.2 -7.0
SDIV Global X Superdividend ETF 1.0 58 -18 42.2 +35.0
IPKW Invesco International BuyBack Achievers ETF 0.9 55 -15 14.5 +7.3
CZA Invesco Zacks Mid-Cap ETF 0.9 72 -32 6.5 -0.7
EPU iShares MSCI Peru and Global Exposure ETF 0.9 59 -19 7.8 +0.6
ILF iShares Latin America 40 ETF 0.9 48 -8 13.0 +5.8
GTEK Goldman Sachs Future Tech Leaders Equity ETF 0.9 75 -35 3.2 -4.0
KOMP SPDR S&P Kensho New Economies Composite ETF 0.9 20 20 3.5 -3.7
CGDG Capital Group Dividend Growers ETF 0.8 47 -7 6.3 -0.9
SAGP Strategas Global Policy Opportunities ETF 0.8 65 -25 5.4 -1.8
JPIN J.P. Morgan Diversified Return International Equity ETF 0.8 37 3 8.8 +1.6
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.8 35 5 4.2 -3.0
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 0.8 58 -18 4.0 -3.2
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 0.8 57 -17 3.9 -3.3
QNXT iShares Nasdaq-100 ex Top 30 ETF 0.8 20 20 4.2 -3.0
FILL iShares MSCI Global Energy Producers ETF 0.8 39 1 12.3 +5.1
EFRA iShares Environmental Infrastructure and Industrials ETF 0.7 47 -7 5.2 -2.0
RCGE RockCreek Global Equality ETF 0.7 95 -55 6.4 -0.8
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.7 58 -18 9.9 +2.8
AFK VanEck Africa Index ETF 0.7 98 -58 12.3 +5.1
MOO VanEck Agribusiness ETF 0.7 53 -13 10.5 +3.3
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.7 24 16 7.7 +0.5
IDRV iShares Self-driving EV & Tech ETF 0.7 47 -7 2.5 -4.7
FLHK Franklin FTSE Hong Kong ETF 0.6 9 31 7.0 -0.2
EWH iShares MSCI Hong Kong ETF 0.6 50 -10 6.0 -1.2
SHPP Pacer Industrials and Logistics ETF 0.6 60 -20 8.3 +1.1
HELX Franklin Genomic Advancements ETF 0.6 50 -10 -0.2 -7.4
SNSR Global X Internet of Things ETF 0.6 68 -28 4.6 -2.6
GGME Invesco Next Gen Media and Gaming ETF 0.6 60 -20 4.5 -2.7
IDAT iShares Future Cloud 5G and Tech ETF 0.6 47 -7 5.0 -2.2
ROBO ROBO Global Robotics & Automation Index ETF 0.6 95 -55 3.8 -3.4
FCLD Fidelity Cloud Computing ETF 0.6 39 1 3.1 -4.1
EPHE iShares MSCI Philippines ETF 0.6 59 -19 0.0 -7.2
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.6 56 -16 12.3 +5.1
JGRO JPMorgan Active Growth ETF 0.5 44 -4 3.6 -3.6
CVAR Cultivar ETF 0.5 87 -47 7.2 +0.0
HART IQ Healthy Hearts ETF 0.5 45 -5 6.6 -0.6
QQQ Invesco QQQ Trust Series I 0.5 20 20 4.2 -3.0
QQQM Invesco NASDAQ 100 ETF 0.5 15 25 4.3 -2.9
TRFM AAM Transformers ETF 0.5 49 -9 1.7 -5.5
CLOU Global X Cloud Computing ETF 0.5 68 -28 1.9 -5.3
OCEN IQ Clean Oceans ETF 0.4 45 -5 6.6 -0.6
ERTH Invesco MSCI Sustainable Future ETF 0.4 62 -22 3.5 -3.7
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.4 47 -7 5.8 -1.4
INTF iShares International Equity Factor ETF 0.4 15 25 7.9 +0.7
VEGI iShares MSCI Agriculture Producers ETF 0.4 39 1 8.6 +1.4
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.4 65 -25 12.1 +4.9
ONEQ Fidelity Nasdaq Composite Index ETF 0.4 21 19 4.0 -3.2
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.4 10 30 8.4 +1.2
IPAV Global X Infrastructure Development ex-U.S. ETF 0.4 55 -15 7.9 +0.7
CIL VictoryShares International Volatility Wtd ETF 0.3 45 -5 6.8 -0.4
JHDV John Hancock U.S. High Dividend ETF 0.3 34 6 6.9 -0.3
DFNL Davis Select Financial ETF 0.3 63 -23 7.8 +0.6
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.3 49 -9 7.4 +0.2
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.3 12 28 8.3 +1.1
FBCG Fidelity Blue Chip Growth ETF 0.3 59 -19 3.1 -4.1
RNRG Global X Renewable Energy Producers ETF 0.3 66 -26 5.9 -1.3
TPIF Timothy Plan International ETF 0.3 62 -22 6.4 -0.8
PID Invesco International Dividend Achievers ETF 0.3 53 -13 5.7 -1.5
QQMG Invesco ESG NASDAQ 100 ETF 0.3 20 20 4.3 -2.9
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.3 46 -6 5.5 -1.7
SPDW SPDR Portfolio Developed World ex-US ETF 0.3 3 37 7.4 +0.2
KPOP KPOP and Korean Entertainment ETF 0.2 75 -35 2.5 -4.7
HAP VanEck Natural Resources ETF 0.2 50 -10 10.1 +2.9
GCOW Pacer Global Cash Cows Dividend ETF 0.2 60 -20 11.1 +3.9
QQQJ Invesco NASDAQ Next Gen 100 ETF 0.2 15 25 5.4 -1.8
JAVA JPMorgan Active Value ETF 0.2 44 -4 6.6 -0.6
TMAT Main Thematic Innovation ETF 0.2 164 -124 -1.5 -8.7
VICE AdvisorShares Vice ETF 0.2 99 -59 6.4 -0.8
VERS ProShares Metaverse ETF 0.2 58 -18 -0.3 -7.5
HERO Global X Video Games & Esports ETF 0.2 50 -10 4.2 -3.0
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 0.2 20 20 5.0 -2.2
IXJ iShares Global Healthcare ETF 0.2 42 -2 7.2 +0.1
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.2 19 21 6.2 -1.0
FNDC Schwab Fundamental International Small Co. Index ETF 0.2 39 1 6.2 -1.0
EPP iShares MSCI Pacific ex-Japan ETF 0.1 47 -7 5.5 -1.7
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.1 12 28 6.3 -0.9
ICOP iShares Copper and Metals Mining ETF 0.1 47 -7 9.8 +2.6
PICK iShares MSCI Global Metals & Mining Producers ETF 0.1 39 1 14.0 +6.8
DMXF iShares ESG Advanced MSCI EAFE ETF 0.1 12 28 5.5 -1.7
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.1 36 4 6.7 -0.5
GSID Goldman Sachs MarketBeta International Equity ETF 0.1 20 20 7.2 -0.0
EFV iShares MSCI EAFE Value ETF 0.1 34 6 9.4 +2.2
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.1 20 20 6.5 -0.7
EFA iShares MSCI EAFE ETF 0.1 35 5 7.0 -0.2
IEFA iShares Core MSCI EAFE ETF 0.1 7 33 7.3 +0.1
IDEV iShares Core MSCI International Developed Markets ETF 0.1 4 36 7.3 +0.1
BKIE BNY Mellon International Equity ETF 0.1 4 36 7.3 +0.1
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.1 39 1 8.6 +1.4
EFG iShares MSCI EAFE Growth ETF 0.1 36 4 4.4 -2.8
TOK iShares MSCI Kokusai ETF 0.1 26 14 5.3 -1.9
URTH iShares MSCI World ETF 0.1 24 16 5.4 -1.8
AVDE Avantis International Equity ETF 0.1 23 17 7.9 +0.7
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 31 5.4 -1.8
BBEU JPMorgan BetaBuilders Europe ETF 0.1 9 31 7.2 0.0
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.1 46 -6 6.6 -0.6
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.1 45 -5 6.7 -0.5
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.1 40 0 7.7 +0.5
DOL WisdomTree International LargeCap Dividend Fund 0.1 48 -8 7.5 +0.3
DWM WisdomTree International Equity Fund 0.1 48 -8 7.7 +0.5
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.1 14 26 6.4 -0.8
ESGG FlexShares STOXX Global ESG Select Index Fund 0.1 42 -2 5.6 -1.6
EUDG WisdomTree Europe Quality Dividend Growth Fund 0.1 58 -18 6.8 -0.4
FDEV Fidelity International Multifactor ETF 0.1 18 22 7.7 +0.5
FLEE Franklin FTSE Europe ETF 0.1 9 31 7.3 +0.1
FPAG FPA Global Equity ETF 0.1 49 -9 6.1 -1.1
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.1 25 15 7.4 +0.2
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.1 25 15 7.3 +0.2
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.1 58 -18 6.8 -0.4
IQDG WisdomTree International Quality Dividend Growth Fund 0.1 42 -2 7.1 -0.1
JHMD John Hancock Multifactor Developed International ETF 0.1 39 1 7.8 +0.6
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.1 20 20 6.7 -0.5
NUDM Nuveen ESG International Developed Markets Equity ETF 0.1 31 9 6.5 -0.7
QINT American Century Quality Diversified International ETF 0.1 39 1 7.6 +0.4
JIRE JPMorgan International Research Enhanced Equity ETF 0.1 24 16 7.4 +0.2
DIVI Franklin International Core Dividend Tilt Index ETF 0.1 9 31 8.2 +1.0
FENI Fidelity Enhanced International ETF 0.1 28 12 6.9 -0.3
AVSD Avantis Responsible International Equity ETF 0.1 23 17 5.9 -1.3
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.1 35 5 6.8 -0.4
DFAI Dimensional International Core Equity Market ETF 0.1 18 22 7.5 +0.3
DFIC Dimensional International Core Equity 2 ETF 0.1 23 17 7.8 +0.6
DFIV Dimensional International Value ETF 0.1 27 13 10.2 +3.0
DFSI Dimensional International Sustainability Core 1 ETF 0.1 24 16 6.6 -0.6
FEUZ First Trust Eurozone AlphaDEX ETF 0.1 80 -40 9.6 +2.4
ESGD iShares ESG Aware MSCI EAFE ETF 0.1 20 20 7.0 -0.2
EWN iShares MSCI Netherlands ETF 0.1 50 -10 5.6 -1.6
EZU iShares MSCI Eurozone ETF 0.1 52 -12 6.8 -0.4
IEUR iShares Core MSCI Europe ETF 0.1 11 29 7.4 +0.2
IEV iShares Europe ETF 0.1 67 -27 6.9 -0.3
IMTM iShares MSCI Intl Momentum Factor ETF 0.1 30 10 5.5 -1.7
FEZ SPDR EURO STOXX 50 ETF 0.1 29 11 7.1 -0.1
SPEU SPDR Portfolio Europe ETF 0.1 7 33 7.4 +0.2
CLOD Themes Cloud Computing ETF 0.1 35 5 3.0 -4.2
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 0.1 65 -25 3.7 -3.5
STXI Strive International Developed Markets ETF 0.1 29 11 7.1 -0.1
VGK Vanguard FTSE Europe ETF 0.1 11 29 7.4 +0.2
VYM Vanguard High Dividend Yield Index ETF 0.1 6 34 7.4 +0.2
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.1 30 10 7.1 -0.1
AVRE Avantis Real Estate ETF 0.1 17 23 7.1 -0.1
DFGR Dimensional Global Real Estate ETF 0.1 22 18 7.4 +0.2
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.1 70 -30 7.9 +0.7
REET iShares Global REIT ETF 0.1 14 26 7.5 +0.3
SMIN iShares MSCI India Small Cap ETF 0.1 79 -39 3.6 -3.6
IQLT iShares MSCI Intl Quality Factor ETF 0.0 30 10 6.3 -0.9
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 1 7.1 -0.1
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 1 6.9 -0.3
DRIV Global X Autonomous & Electric Vehicles ETF 0.0 68 -28 6.6 -0.6
ARKQ ARK Autonomous Technology & Robotics ETF 0.0 75 -35 0.5 -6.7
ARKW ARK Next Generation Internet ETF 0.0 87 -47 -0.6 -7.8
HAIL SPDR S&P Kensho Smart Mobility ETF 0.0 45 -5 2.6 -4.6
SIMS SPDR S&P Kensho Intelligent Structures ETF 0.0 45 -5 6.4 -0.8
EFAV iShares MSCI EAFE Min Vol Factor ETF 0.0 22 18 5.8 -1.4
IPAC iShares Core MSCI Pacific ETF 0.0 9 31 7.0 -0.2
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 31 4.9 -2.3
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 10 6.2 -1.0
GSFP Goldman Sachs Future Planet Equity ETF 0.0 75 -35 4.7 -2.5
PBD Invesco Global Clean Energy ETF 0.0 75 -35 0.5 -6.7
IBAT iShares Energy Storage & Materials ETF 0.0 47 -7 5.6 -1.6

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:		 FlexShares Emerging Markets Quality Low Volatility Index Fund
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 9.7 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 40 bp
Equals: ALTAR Score 7.2 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.60 CATEGORY
AVERAGE		 1.50
 
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.