FlexShares Emerging Markets Quality Low Volatility Index Fund
ALTAR
Score™		 6.6% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 15.8x P/Sales
ratio		 2.1x
P/BV
ratio		 1.7x Div.
yield		 3.5%


  • 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) $16
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 190
Wgt avg mkt cap (mns) $250,539
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 12.4 %
TENCENT HOLDINGS LTD 4.4 %
SAMSUNG ELECTRONICS CO LTD 3.2 %
ALIBABA GROUP HOLDING LTD. SPONSOR 2.9 %
HDFC BANK LIMITED 2.1 %
HYNIX SEMICONDUCTOR INC 1.7 %
TATA CONSULTANCY SVS LTD 1.7 %
HINDUSTAN UNILEVER LIMITED 1.1 %
RELIANCE INDS-SPONS GDR 144A 1.1 %
BANK OF CHINA LTD - H 1.1 %
Total 31.7 %

TOP COUNTRY EXPOSURE
INDIA 21.5 %
TAIWAN 19.1 %
CHINA 17.8 %
SOUTH KOREA 9.1 %
MALAYSIA 5.1 %
BRAZIL 3.9 %
QATAR 3.8 %
SAUDI ARABIA 3.6 %
UAE 3.2 %
PHILIPPINES 2.8 %

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.
1.0% 20.3% 4.6% -- 5.3%

Market Correlations
versus... Beta R-squared
S&P500 0.58 45%
MSCI EAFE 0.67 53%
MSCI Emg. Mkts. 0.71 78%

Technical Indicators
Recent close $31.04
30d moving avg. $30.14
Annualized volatility 11.0%
Short interest (ETF) 0.1%
Relative strength (RSI) 54

Liquidity measures
Avg. volume (thou.) 0
Turnover 0.0%
Bid/Ask (% of price) 0.14%
ADV underlying (mns) $6,084

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 459 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™: 6.6%


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
(%)
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 37.4 66 -26 7.7 +1.1
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 37.2 15 25 8.4 +1.8
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 36.1 45 -5 8.5 +1.9
FLAX Franklin FTSE Asia Ex Japan ETF 36.1 19 21 7.6 +1.1
BKEM BNY Mellon Emerging Markets Equity ETF 35.6 11 29 8.3 +1.7
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 35.4 30 10 8.5 +1.9
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 35.3 15 25 9.3 +2.7
EMMF WisdomTree Emerging Markets Multifactor Fund 35.0 48 -8 9.0 +2.4
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 35.0 36 4 8.0 +1.4
EEM iShares MSCI Emerging Markets ETF 34.9 69 -29 8.2 +1.7
FDEM Fidelity Emerging Markets Multifactor ETF 34.8 25 15 10.7 +4.1
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 34.7 20 20 8.7 +2.1
EEMA iShares MSCI Emerging Markets Asia ETF 33.8 49 -9 8.1 +1.6
AAXJ iShares MSCI All Country Asia ex Japan ETF 33.7 70 -30 7.5 +0.9
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 33.4 30 10 8.0 +1.4
ESGE iShares ESG Aware MSCI EM ETF 33.0 25 15 8.7 +2.1
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 33.0 24 16 5.7 -0.8
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 32.9 33 7 7.1 +0.5
IEMG iShares Core MSCI Emerging Markets ETF 32.7 9 31 8.5 +2.0
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 31.7 32 8 5.1 -1.5
EMGF iShares Emerging Markets Equity Factor ETF 31.6 25 15 9.4 +2.9
DFAE Dimensional Emerging Core Equity Market ETF 31.1 35 5 7.3 +0.7
JHEM John Hancock Multifactor Emerging Markets ETF 30.4 49 -9 7.9 +1.4
EMXC iShares MSCI Emerging Markets ex China ETF 29.8 25 15 5.5 -1.1
XCEM Columbia EM Core ex-China ETF 29.5 16 24 5.4 -1.2
VWO Vanguard FTSE Emerging Markets ETF 29.3 7 33 9.3 +2.7
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 29.3 32 8 7.8 +1.3
SCHE Schwab Emerging Markets Equity ETF 29.2 11 29 9.5 +3.0
STXE Strive Emerging Markets Ex-China ETF 28.9 32 8 5.8 -0.8
SPEM SPDR Portfolio Emerging Markets ETF 28.2 7 33 9.6 +3.0
MEM Matthews Emerging Markets Equity Active ETF 28.0 79 -39 9.0 +2.5
ECON Columbia Emerging Markets Consumer ETF 27.6 49 -9 7.3 +0.7
JADE JPMorgan Active Developing Markets Equity ETF 27.4 65 -25 6.3 -0.2
AIA iShares Asia 50 ETF 27.0 50 -10 8.9 +2.3
EMXF iShares ESG Advanced MSCI EM ETF 27.0 16 24 7.2 +0.6
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 26.9 88 -48 8.3 +1.7
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 26.3 95 -55 10.4 +3.9
NUEM Nuveen ESG Emerging Markets Equity ETF 26.0 36 4 6.2 -0.4
DFEM Dimensional Emerging Markets Core Equity 2 ETF 25.6 38 2 7.3 +0.7
VEXC Vanguard Emerging Markets Ex-China ETF 25.5 7 33 5.9 -0.6
MINV Matthews Asia Innovators Active ETF 25.2 79 -39 6.2 -0.4
DEHP Dimensional Emerging Markets High Profitability ETF 25.2 41 -1 5.2 -1.4
XCNY SPDR S&P Emerging Markets ex-China ETF 24.9 15 25 5.9 -0.7
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 24.2 59 -19 8.8 +2.3
DEXC Dimensional Emerging Markets ex China Core EquityETF 23.2 53 -13 5.5 -1.1
ROAM Hartford Multifactor Emerging Markets ETF 23.2 44 -4 8.0 +1.4
LDEM iShares ESG MSCI EM Leaders ETF 23.0 17 23 12.2 +5.7
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 23.0 41 -1 7.1 +0.5
JIVE JPMorgan International Value ETF 22.9 55 -15 8.4 +1.8
EMDM First Trust Bloomberg Emerging Market Democracies ETF 22.6 75 -35 6.6 -0.0
PATN Pacer Nasdaq International Patent Leaders ETF 22.3 65 -25 4.7 -1.9
PXH Invesco FTSE RAFI Emerging Markets ETF 22.1 49 -9 13.5 +7.0
EELV Invesco S&P Emerging Markets Low Volatility ETF 21.5 29 11 8.5 +1.9
RNEM First Trust Emerging Markets Equity Select ETF 21.2 75 -35 7.7 +1.1
GMF SPDR S&P Emerging Asia Pacific ETF 20.3 49 -9 9.0 +2.4
BKF iShares MSCI BIC ETF 19.7 69 -29 13.6 +7.0
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 19.7 39 1 13.7 +7.1
EMC Global X Emerging Markets Great Consumer ETF 19.0 75 -35 7.6 +1.0
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 18.8 44 -4 9.1 +2.6
AVEM Avantis Emerging Markets Equity ETF 18.7 33 7 7.4 +0.8
EWT iShares MSCI Taiwan ETF 18.0 58 -18 4.0 -2.6
FLIN Franklin FTSE India ETF 17.4 19 21 4.0 -2.6
FLTW Franklin FTSE Taiwan ETF 17.3 19 21 4.4 -2.2
AVSE Avantis Responsible Emerging Markets Equity ETF 17.0 33 7 7.1 +0.5
INDA iShares MSCI India ETF 16.8 65 -25 4.4 -2.2
PIN Invesco India ETF 16.6 78 -38 4.7 -1.9
FTHF First Trust Emerging Markets Human Flourishing ETF 16.5 75 -35 6.3 -0.3
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 16.1 50 -10 8.6 +2.0
EEMO Invesco S&P Emerging Markets Momentum ETF 15.7 29 11 7.5 +0.9
EMM Global X Emerging Markets ex-China ETF 15.2 75 -35 5.2 -1.4
CGXU Capital Group International Focus Equity ETF 14.8 54 -14 4.0 -2.5
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 14.7 42 -2 4.1 -2.5
KNCT Invesco Next Gen Connectivity ETF 14.6 40 0 3.8 -2.8
VSGX Vanguard ESG International Stock ETF 14.1 10 30 6.8 +0.2
XC WisdomTree Emerging Markets Ex-China Fund 14.0 32 8 6.0 -0.5
ACWX iShares MSCI ACWI ex U.S. ETF 13.9 34 6 6.4 -0.1
CHAT Roundhill Generative AI & Technology ETF 13.9 75 -35 5.2 -1.4
EVLU iShares MSCI Emerging Markets Value Factor ETF 13.8 35 5 11.5 +5.0
NFTY First Trust India NIFTY 50 Equal Weight ETF 13.5 80 -40 4.8 -1.8
EPI WisdomTree India Earnings Fund 13.5 85 -45 4.9 -1.7
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 13.2 41 -1 6.2 -0.4
JIG JPMorgan International Growth ETF 13.2 55 -15 3.6 -2.9
GXUS Goldman Sachs MarketBeta Total International Equity ETF 13.1 18 22 6.5 -0.1
INDY iShares India 50 ETF 12.9 89 -49 5.0 -1.6
VEU Vanguard FTSE All-World ex-US Index Fund 12.8 4 36 6.8 +0.3
EDIV SPDR S&P Emerging Markets Dividend ETF 12.3 49 -9 8.9 +2.3
VXUS Vanguard Total International Stock ETF 12.2 5 35 6.7 +0.2
IXUS iShares Core MSCI Total International Stock ETF 12.0 7 33 6.7 +0.1
FRGN Horizon International Equity ETF 11.7 75 -35 8.2 +1.6
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 11.1 60 -20 9.3 +2.8
MCHI iShares MSCI China ETF 11.0 59 -19 18.9 +12.4
UEVM VictoryShares Emerging Markets Value Momentum ETF 10.8 45 -5 9.4 +2.8
IXN iShares Global Tech ETF 10.6 41 -1 3.3 -3.3
GXC SPDR S & P China ETF 10.5 59 -19 17.6 +11.0
FLCH Franklin FTSE China ETF 10.5 19 21 16.8 +10.2
AIQ Global X Artificial Intelligence & Technology ETF 10.5 68 -28 3.4 -3.1
DFEV Dimensional Emerging Markets Value ETF 10.3 43 -3 10.1 +3.5
FRDM Freedom 100 Emerging Markets ETF 10.3 49 -9 5.9 -0.7
ACWV iShares MSCI Global Min Vol Factor ETF 10.2 20 20 5.7 -0.8
DEM WisdomTree Emerging Markets High Dividend Fund 10.2 63 -23 10.7 +4.2
IQDF FlexShares International Quality Dividend Index Fund 10.0 47 -7 7.7 +1.1
AVXC Avantis Emerging Markets Ex-China Equity ETF 9.8 33 7 6.6 -0.0
FXI iShares China Large-Cap ETF 9.7 74 -34 19.9 +13.3
DVYE iShares Emerging Markets Dividend ETF 9.3 49 -9 16.8 +10.2
JCHI JPMorgan Active China ETF 8.9 65 -25 15.0 +8.4
CGRO CoreValues Alpha Greater China Growth ETF 8.9 75 -35 4.5 -2.0
IQDY FlexShares International Quality Dividend Dynamic Index Fund 8.8 47 -7 7.5 +0.9
NXTG First Trust Indxx NextG ETF 8.7 70 -30 4.4 -2.1
FMET Fidelity Metaverse ETF 8.5 39 1 4.9 -1.7
AIVC Amplify Bloomberg AI Value Chain ETF 8.2 59 -19 4.8 -1.8
AQLT iShares MSCI Global Quality Factor ETF 7.9 18 22 0.0 -6.6
EWY iShares MSCI South Korea ETF 7.9 58 -18 4.2 -2.4
FLKR Franklin FTSE South Korea ETF 7.8 9 31 5.3 -1.3
DOL WisdomTree International LargeCap Dividend Fund 7.7 48 -8 5.7 -0.8
LEGR First Trust Indxx Innovative Transaction & Process ETF 7.1 65 -25 7.8 +1.2
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 7.1 86 -46 12.0 +5.4
NDIA Global X India Active ETF 7.1 75 -35 4.8 -1.8
ARTY iShares Future AI & Tech ETF 6.6 47 -7 3.3 -3.3
FBOT Fidelity Disruptive Automation ETF 6.5 50 -10 3.1 -3.5
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 6.5 80 -40 7.6 +1.0
CLNR IQ Cleaner Transport ETF 6.5 45 -5 3.9 -2.7
CWI SPDR MSCI ACWI ex-US ETF 6.5 30 10 6.5 -0.1
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 6.4 90 -50 4.0 -2.6
INCO Columbia India Consumer ETF 6.4 75 -35 2.1 -4.5
CXSE WisdomTree China ex-State-Owned Enterprises Fund 6.4 32 8 13.3 +6.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 6.4 30 10 6.4 -0.2
MCH Matthews China Active ETF 6.3 79 -39 14.9 +8.3
FDNI First Trust Dow Jones International Internet ETF 6.3 65 -25 23.5 +16.9
UMMA Wahed Dow Jones Islamic World ETF 5.9 65 -25 3.9 -2.7
AVES Avantis Emerging Markets Value ETF 5.9 36 4 9.0 +2.4
MOTI VanEck Morningstar International Moat ETF 5.9 58 -18 9.7 +3.1
OGIG ALPS O'Shares Global Internet Giants ETF 5.8 48 -8 2.8 -3.8
ESPO VanEck Video Gaming and eSports ETF 5.8 56 -16 6.5 -0.1
ODDS Pacer BlueStar Digital Entertainment ETF 5.8 60 -20 4.7 -1.9
WRND IQ Global Equity R&D Leaders ETF 5.7 18 22 4.2 -2.4
METV Roundhill Ball Metaverse ETF 5.7 59 -19 8.6 +2.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 5.6 20 20 5.0 -1.6
IMFL Invesco International Developed Dynamic Multifactor ETF 5.6 34 6 5.2 -1.3
KWEB KraneShares CSI China Internet ETF 5.6 69 -29 22.2 +15.6
VPL Vanguard FTSE Pacific ETF 5.5 7 33 5.5 -1.1
AGIX KraneShares Artificial Intelligence and Technology ETF 5.4 99 -59 1.5 -5.0
CQQQ Invesco China Technology ETF 5.4 70 -30 15.9 +9.4
DWX SPDR S&P International Dividend ETF 5.3 45 -5 6.6 +0.1
SOCL Global X Social Media ETF 5.3 65 -25 12.7 +6.2
ACWI iShares MSCI ACWI ETF 5.3 32 8 4.9 -1.7
IVRS iShares Future Metaverse Tech and Communications ETF 5.3 47 -7 5.5 -1.1
SCHY Schwab International Dividend Equity ETF 5.2 14 26 8.2 +1.6
WTAI WisdomTree Artificial Intelligence and Innovation Fund 5.2 45 -5 2.6 -4.0
EWM iShares MSCI Malaysia ETF 5.1 50 -10 6.3 -0.3
OAIM OneAscent International Equity ETF 5.1 95 -55 4.6 -2.0
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 5.1 75 -35 3.8 -2.7
KLMT Invesco MSCI Global Climate 500 ETF 5.1 10 30 5.2 -1.4
KTEC KraneShares Hang Seng TECH Index ETF 5.0 69 -29 19.6 +13.0
VYMI Vanguard International High Dividend Yield ETF 4.9 17 23 8.0 +1.4
DINT Davis Select International ETF 4.8 55 -15 6.2 -0.4
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 4.7 60 -20 6.4 -0.2
MOTG VanEck Morningstar Global Wide Moat ETF 4.7 52 -12 7.7 +1.1
DWLD Davis Select Worldwide ETF 4.7 63 -23 6.9 +0.3
VT Vanguard Total World Stock ETF 4.6 6 34 5.2 -1.3
IXP iShares Global Comm Services ETF 4.6 42 -2 5.6 -1.0
ADIV SmartETFs Asia Pacific Dividend Builder ETF 4.6 78 -38 10.0 +3.5
SDEM Global X MSCI SuperDividend Emerging Markets ETF 4.6 67 -27 12.0 +5.4
ISHP First Trust Nasdaq Retail ETF 4.5 60 -20 5.3 -1.2
FDCF Fidelity Disruptive Communications ETF 4.4 50 -10 2.0 -4.5
ASEA Global X FTSE Southeast Asia ETF 4.4 65 -25 5.4 -1.2
BNGE First Trust S-Network Streaming and Gaming ETF 4.4 70 -30 3.0 -3.5
EYLD Cambria Emerging Shareholder Yield ETF 4.3 66 -26 9.4 +2.8
VIDI Vident International Equity Strategy ETF 4.3 61 -21 8.4 +1.8
ECOW Pacer Emerging Markets Cash Cows 100 ETF 4.3 70 -30 9.0 +2.4
EBIZ Global X E-Commerce ETF 4.3 50 -10 4.7 -1.9
TCHI iShares MSCI China Multisector Tech ETF 4.2 59 -19 14.4 +7.9
AGQI First Trust Active Global Quality Income ETF 4.2 85 -45 6.5 -0.1
RGEF Rockefeller Global Equity ETF 4.2 55 -15 4.0 -2.6
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 4.2 12 28 4.6 -2.0
IGRO iShares International Dividend Growth ETF 4.2 15 25 6.7 +0.1
SCHF Schwab International Equity ETF 4.1 6 34 6.1 -0.5
FNDF Schwab Fundamental International Large Co. Index ETF 4.1 25 15 7.5 +1.0
AIS VistaShares Artificial Intelligence Supercycle ETF 4.0 75 -35 1.6 -5.0
JSTC Adasina Social Justice All Cap Global ETF 4.0 89 -49 4.7 -1.9
DTCR Global X Data Center & Digital Infrastructure ETF 3.9 50 -10 3.8 -2.8
XT iShares Exponential Technologies ETF 3.8 46 -6 4.3 -2.3
EDOG ALPS Emerging Sector Dividend Dogs ETF 3.8 60 -20 9.8 +3.3
VEA Vanguard FTSE Developed Markets ETF 3.8 3 37 6.0 -0.5
QAT iShares MSCI Qatar ETF 3.8 59 -19 40.8 +34.2
IBLC iShares Blockchain and Tech ETF 3.7 47 -7 -1.4 -8.0
PGJ Invesco Golden Dragon China ETF 3.7 70 -30 14.0 +7.4
ONLN ProShares Online Retail ETF 3.6 58 -18 1.3 -5.3
FEM First Trust Emerging Markets AlphaDEX Fund 3.6 80 -40 8.6 +2.0
FEOE First Eagle Overseas Equity ETF 3.6 79 -39 6.2 -0.4
EWZ iShares MSCI Brazil ETF 3.5 58 -18 9.0 +2.4
GLOF iShares Global Equity Factor ETF 3.5 20 20 5.8 -0.7
HFXI IQ FTSE International Equity Currency Neutral ETF 3.5 20 20 5.8 -0.8
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 3.5 45 -5 6.9 +0.3
FLSA Franklin FTSE Saudi Arabia ETF 3.5 39 1 0.0 -6.6
JGLO JPMorgan Global Select Equity ETF 3.4 33 7 4.4 -2.2
FLBR Franklin FTSE Brazil ETF 3.4 19 21 10.0 +3.5
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 3.3 68 -28 0.7 -5.8
FDT First Trust Developed Markets ex-US AlphaDEX Fund 3.3 80 -40 6.7 +0.2
FCA First Trust China AlphaDEX Fund 3.3 80 -40 6.8 +0.2
DGT State Street SPDR Global Dow ETF 3.2 50 -10 5.9 -0.7
CARZ First Trust NASDAQ Global Auto Index Fund 3.2 70 -30 2.9 -3.7
FEGE First Eagle Global Equity ETF 3.2 79 -39 6.1 -0.5
FLLA Franklin FTSE Latin America ETF 3.1 19 21 9.4 +2.8
CGGO Capital Group Global Growth Equity ETF 3.1 47 -7 4.4 -2.2
GLIN VanEck India Growth Leaders ETF 3.0 77 -37 5.3 -1.3
KSA iShares MSCI Saudi Arabia ETF 3.0 74 -34 0.0 -6.6
TIIV AAM Todd International Intrinsic Value ETF 2.9 54 -14 9.6 +3.0
IOO iShares Global 100 ETF 2.9 41 -1 4.1 -2.5
PNQI Invesco NASDAQ Internet ETF 2.9 60 -20 3.9 -2.7
IVES Wedbush ETFMG Global Cloud Technology ETF 2.9 68 -28 4.5 -2.1
LOGO Alpha Brands Consumption Leaders ETF 2.9 69 -29 2.6 -3.9
ABLG Abacus FCF International Leaders ETF 2.9 59 -19 6.2 -0.4
FLN First Trust Latin America AlphaDEX Fund 2.8 80 -40 8.9 +2.4
BINV Brandes International ETF 2.7 70 -30 8.4 +1.8
ARVR First Trust Indxx Metaverse ETF 2.6 70 -30 4.3 -2.3
GTEK Goldman Sachs Future Tech Leaders Equity ETF 2.6 75 -35 2.3 -4.3
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 2.5 65 -25 1.7 -4.9
APIE ActivePassive International Equity ETF 2.5 45 -5 6.4 -0.1
HUMN Roundhill Humanoid Robotics ETF 2.4 75 -35 1.4 -5.2
BUYZ Franklin Disruptive Commerce ETF 2.4 50 -10 2.4 -4.2
XNTK State Street SPDR NYSE Technology ETF 2.4 35 5 3.1 -3.5
GKAT Scharf Global Opportunity ETF 2.3 57 -17 5.9 -0.6
UAE iShares MSCI UAE ETF 2.3 59 -19 0.0 -6.6
PIEL Pacer International Export Leaders ETF 2.3 60 -20 4.3 -2.2
UIVM VictoryShares International Value Momentum ETF 2.2 35 5 8.2 +1.6
XDAT Franklin Exponential Data ETF 2.2 50 -10 1.4 -5.1
ANEW ProShares MSCI Transformational Changes ETF 2.1 45 -5 4.7 -1.9
IGPT Invesco AI and Next Gen Software ETF 2.1 60 -20 3.5 -3.1
CHPX Global X AI Semiconductor & Quantum ETF 2.1 50 -10 2.4 -4.2
JPIN J.P. Morgan Diversified Return International Equity ETF 2.1 37 3 7.0 +0.4
TTAI FCF International Quality ETF 2.0 59 -19 6.6 +0.1
IXG iShares Global Financials ETF 2.0 42 -2 6.4 -0.2
BAI iShares AI Innovation and Tech Active ETF 2.0 55 -15 1.2 -5.4
WWJD Inspire International ETF 2.0 80 -40 6.2 -0.4
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 1.9 47 -7 4.9 -1.6
EPHE iShares MSCI Philippines ETF 1.9 59 -19 0.0 -6.6
FID First Trust S&P International Dividend Aristocrats ETF 1.9 60 -20 7.9 +1.3
WDIV SPDR S&P Global Dividend ETF 1.9 40 0 9.2 +2.6
GEW Cambria Global EW ETF 1.9 29 11 5.5 -1.1
GVIP Goldman Sachs Hedge Industry VIP ETF 1.9 45 -5 2.6 -4.0
AADR AdvisorShares Dorsey Wright ADR ETF 1.9 110 -70 2.8 -3.8
COPY Tweedy, Browne Insider + Value ETF 1.8 80 -40 15.3 +8.7
GSIB Themes Global Systemically Important Banks ETF 1.8 35 5 8.8 +2.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.7 9 31 5.1 -1.5
YNOT Horizon Digital Frontier ETF 1.7 75 -35 2.8 -3.8
IDHQ Invesco S&P International Developed High Quality ETF 1.7 29 11 5.5 -1.0
FPXI First Trust International Equity Opportunities ETF 1.7 70 -30 4.0 -2.6
SPDW SPDR Portfolio Developed World ex-US ETF 1.7 3 37 5.9 -0.6
GINN Goldman Sachs Innovate Equity ETF 1.7 52 -12 4.0 -2.5
ICPY Tweedy, Browne International Insider Value ETF 1.6 80 -40 21.9 +15.4
THD iShares MSCI Thailand ETF 1.6 58 -18 0.0 -6.6
EMIF iShares Emerging Markets Infrastructure ETF 1.6 60 -20 2.5 -4.1
WUGI AXS Esoterica NextG Economy ETF 1.6 75 -35 1.8 -4.8
QTUM Defiance Quantum ETF 1.6 40 0 4.7 -1.9
CGV Conductor Global Equity Value ETF 1.6 130 -90 7.4 +0.8
CHIQ Global X MSCI China Consumer Discretionary ETF 1.5 65 -25 11.8 +5.3
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 1.5 86 -46 0.2 -6.3
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.5 46 -6 7.2 +0.7
SDIV Global X Superdividend ETF 1.5 58 -18 13.0 +6.4
DEW WisdomTree Global High Dividend Fund 1.4 58 -18 7.3 +0.7
BWEB Bitwise Web3 ETF 1.4 85 -45 -0.0 -6.6
OBOR KraneShares MSCI One Belt One Road Index ETF 1.4 79 -39 6.9 +0.4
HERO Global X Video Games & Esports ETF 1.4 50 -10 5.8 -0.8
NERD Roundhill Video Games ETF 1.4 50 -10 7.7 +1.1
FFND Future Fund Active ETF 1.4 100 -60 4.5 -2.1
CIL VictoryShares International Volatility Wtd ETF 1.3 45 -5 5.8 -0.8
INQQ India Internet & Ecommerce ETF 1.3 86 -46 0.6 -6.0
IBUY Amplify Online Retail ETF 1.3 65 -25 2.3 -4.2
VIGI Vanguard International Dividend Appreciation ETF 1.3 10 30 6.1 -0.5
GVAL Cambria Global Value ETF 1.3 68 -28 8.8 +2.2
KOCG FIS Knights of Columbus Global Belief ETF 1.2 75 -35 4.4 -2.2
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.2 61 -21 1.5 -5.1
GPT Intelligent Alpha Atlas ETF 1.2 69 -29 6.2 -0.4
DSTX Distillate International Fundamental Stability & Value ETF 1.2 55 -15 6.5 -0.0
ARKF ARK Fintech Innovation ETF 1.2 75 -35 0.3 -6.3
TPIF Timothy Plan International ETF 1.2 62 -22 5.5 -1.1
TUR iShares MSCI Turkey ETF 1.2 58 -18 11.7 +5.2
FDLS Inspire Fidelis Multi Factor ETF 1.2 76 -36 3.3 -3.2
FTAG First Trust Indxx Global Agriculture ETF 1.2 70 -30 6.7 +0.1
ARKW ARK Next Generation Internet ETF 1.1 87 -47 0.8 -5.7
BLES Inspire Global Hope ETF 1.1 61 -21 5.9 -0.7
SDG iShares MSCI Global Sustainable Development Goals ETF 1.1 49 -9 4.6 -2.0
OND ProShares On-Demand ETF 1.1 58 -18 0.5 -6.1
DARP Grizzle Growth ETF 1.1 75 -35 1.8 -4.7
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.1 24 16 6.8 +0.2
MOO VanEck Agribusiness ETF 1.1 53 -13 8.4 +1.8
ARKK ARK Innovation ETF 1.0 75 -35 -3.2 -9.7
KAT Scharf ETF 1.0 87 -47 6.2 -0.4
FDTX Fidelity Disruptive Technology ETF 1.0 50 -10 2.1 -4.4
CGIE Capital Group International Equity ETF 1.0 54 -14 4.6 -2.0
GURU Global X Guru Index ETF 0.9 75 -35 2.5 -4.0
DGIN VanEck Digital India ETF 0.8 71 -31 1.5 -5.0
CGGR Capital Group Growth ETF 0.8 39 1 2.7 -3.9
RXI iShares Global Consumer Discretionary ETF 0.8 41 -1 8.0 +1.5
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 0.8 20 20 4.4 -2.1
QQQJ Invesco NASDAQ Next Gen 100 ETF 0.8 15 25 4.3 -2.2
OTGL OTG Latin America ETF 0.8 269 -229 6.9 +0.3
SHPP Pacer Industrials and Logistics ETF 0.7 60 -20 7.1 +0.5
SHLD Global X Defense Tech ETF 0.7 50 -10 2.6 -4.0
AQWA Global X Clean Water ETF 0.7 50 -10 4.6 -1.9
EBLU Ecofin Global Water ESG Fund 0.7 40 0 4.3 -2.3
VCLN Virtus Duff & Phelps Clean Energy ETF 0.7 59 -19 2.5 -4.1
TBLU Tortoise Global Water ESG ETF 0.7 40 0 4.2 -2.3
BJK VanEck Gaming ETF 0.6 65 -25 4.4 -2.2
CVY Invesco Zacks Multi-Asset Income ETF 0.6 106 -66 10.4 +3.8
VICE AdvisorShares Vice ETF 0.6 99 -59 5.7 -0.9
CCNR ALPS CoreCommodity Natural Resources ETF 0.6 39 1 7.9 +1.3
SRVR Pacer Data & Infrastructure Real Estate ETF 0.6 55 -15 3.7 -2.9
FTRI First Trust Indxx Global Natural Resources Income ETF 0.6 70 -30 6.0 -0.6
ICLN iShares Global Clean Energy ETF 0.6 41 -1 1.9 -4.7
IGF iShares Global Infrastructure ETF 0.6 41 -1 4.1 -2.5
GII SPDR S&P Global Infrastructure ETF 0.6 40 0 4.1 -2.5
EFRA iShares Environmental Infrastructure and Industrials ETF 0.6 47 -7 4.7 -1.8
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 0.6 58 -18 3.7 -2.9
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.6 35 5 3.9 -2.7
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 0.6 57 -17 3.2 -3.3
QNXT iShares Nasdaq-100 ex Top 30 ETF 0.6 20 20 4.5 -2.1
CDIG City Different Investments Global Equity ETF 0.6 75 -35 -1.6 -8.1
AOTS AOT Software Platform ETF 0.6 49 -9 4.9 -1.7
ROBO ROBO Global Robotics & Automation Index ETF 0.6 95 -55 2.7 -3.9
EPU iShares MSCI Peru and Global Exposure ETF 0.6 59 -19 4.3 -2.3
ILF iShares Latin America 40 ETF 0.6 48 -8 8.5 +2.0
AGNG Global X Aging Population ETF 0.5 50 -10 4.1 -2.5
DVYA iShares Asia/Pacific Dividend ETF 0.5 49 -9 6.8 +0.2
CZA Invesco Zacks Mid-Cap ETF 0.5 72 -32 6.0 -0.6
FFTY Innovator IBD 50 ETF 0.5 80 -40 0.0 -6.6
JHDV John Hancock U.S. High Dividend ETF 0.5 34 6 6.4 -0.2
POW VistaShares Electrification Supercycle ETF 0.5 75 -35 2.2 -4.4
IQRA IQ CBRE Real Assets ETF 0.5 65 -25 5.7 -0.9
CGDG Capital Group Dividend Growers ETF 0.5 47 -7 5.1 -1.5
GINX SGI Enhanced Global Income ETF 0.5 98 -58 6.7 +0.2
TRFM AAM Transformers ETF 0.5 49 -9 1.1 -5.4
NATO Themes Transatlantic Defense ETF 0.5 35 5 1.7 -4.8
QQQ Invesco QQQ Trust Series I 0.5 20 20 3.5 -3.0
QQQM Invesco NASDAQ 100 ETF 0.5 15 25 3.6 -3.0
RCGE RockCreek Global Equality ETF 0.5 95 -55 6.1 -0.4
OCEN IQ Clean Oceans ETF 0.5 45 -5 4.5 -2.0
DFNL Davis Select Financial ETF 0.5 63 -23 7.5 +0.9
CRAK VanEck Oil Refiners ETF 0.5 61 -21 9.3 +2.8
JGRO JPMorgan Active Growth ETF 0.5 44 -4 2.5 -4.0
CLOU Global X Cloud Computing ETF 0.4 68 -28 3.5 -3.1
SUPL ProShares Supply Chain Logistics ETF 0.4 58 -18 7.8 +1.3
NUKZ Range Nuclear Renaissance Index ETF 0.4 85 -45 1.3 -5.3
EWW iShares MSCI Mexico ETF 0.4 50 -10 7.8 +1.2
FLMX Franklin FTSE Mexico ETF 0.4 19 21 8.2 +1.6
HELX Franklin Genomic Advancements ETF 0.4 50 -10 -1.4 -8.0
SNSR Global X Internet of Things ETF 0.4 68 -28 4.1 -2.5
ERTH Invesco MSCI Sustainable Future ETF 0.3 62 -22 3.0 -3.6
GGME Invesco Next Gen Media and Gaming ETF 0.3 60 -20 5.1 -1.5
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.3 20 20 0.9 -5.7
QINT American Century Quality Diversified International ETF 0.3 39 1 6.6 -0.0
PBD Invesco Global Clean Energy ETF 0.3 75 -35 0.3 -6.3
IBAT iShares Energy Storage & Materials ETF 0.3 47 -7 1.8 -4.8
QQMG Invesco ESG NASDAQ 100 ETF 0.3 20 20 3.5 -3.1
INTF iShares International Equity Factor ETF 0.3 15 25 6.4 -0.2
IXJ iShares Global Healthcare ETF 0.3 42 -2 6.2 -0.3
FNDC Schwab Fundamental International Small Co. Index ETF 0.3 39 1 6.7 +0.2
ONEQ Fidelity Nasdaq Composite Index ETF 0.3 21 19 3.1 -3.4
PID Invesco International Dividend Achievers ETF 0.3 53 -13 4.1 -2.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.3 49 -9 6.0 -0.6
FCLD Fidelity Cloud Computing ETF 0.3 39 1 4.2 -2.3
BMED Future Health ETF 0.2 85 -45 1.2 -5.4
PICK iShares MSCI Global Metals & Mining Producers ETF 0.2 39 1 8.0 +1.4
BBEU JPMorgan BetaBuilders Europe ETF 0.2 9 31 6.2 -0.4
BKIE BNY Mellon International Equity ETF 0.2 4 36 6.0 -0.6
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.2 35 5 5.7 -0.9
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.2 36 4 5.4 -1.2
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.2 46 -6 5.6 -1.0
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.2 45 -5 5.7 -0.9
DMXF iShares ESG Advanced MSCI EAFE ETF 0.2 12 28 5.0 -1.5
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.2 14 26 5.4 -1.2
EFA iShares MSCI EAFE ETF 0.2 35 5 5.7 -0.9
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.2 20 20 5.6 -1.0
EFG iShares MSCI EAFE Growth ETF 0.2 36 4 3.8 -2.8
ESGD iShares ESG Aware MSCI EAFE ETF 0.2 20 20 5.8 -0.8
EUDG WisdomTree Europe Quality Dividend Growth Fund 0.2 58 -18 6.3 -0.3
EWN iShares MSCI Netherlands ETF 0.2 50 -10 4.7 -1.9
EZU iShares MSCI Eurozone ETF 0.2 52 -12 5.6 -1.0
FDEV Fidelity International Multifactor ETF 0.2 18 22 7.0 +0.4
FEP First Trust Europe AlphaDEX Fund 0.2 80 -40 6.7 +0.2
FEUZ First Trust Eurozone AlphaDEX ETF 0.2 80 -40 6.4 -0.1
FEZ SPDR EURO STOXX 50 ETF 0.2 29 11 5.8 -0.8
FIVA Fidelity International Value Factor ETF 0.2 18 22 7.5 +0.9
FLEE Franklin FTSE Europe ETF 0.2 9 31 6.2 -0.3
FPAG FPA Global Equity ETF 0.2 49 -9 6.0 -0.6
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.2 70 -30 3.9 -2.7
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.2 25 15 6.3 -0.3
GSID Goldman Sachs MarketBeta International Equity ETF 0.2 20 20 5.9 -0.7
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.2 65 -25 7.7 +1.2
IDEV iShares Core MSCI International Developed Markets ETF 0.2 4 36 6.0 -0.6
IDMO Invesco S&P International Developed Momentum ETF 0.2 25 15 5.1 -1.5
IEFA iShares Core MSCI EAFE ETF 0.2 7 33 6.0 -0.5
IEUR iShares Core MSCI Europe ETF 0.2 11 29 6.3 -0.2
IEV iShares Europe ETF 0.2 67 -27 5.8 -0.8
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.2 58 -18 5.4 -1.2
IMTM iShares MSCI Intl Momentum Factor ETF 0.2 30 10 4.7 -1.9
IQDG WisdomTree International Quality Dividend Growth Fund 0.2 42 -2 5.7 -0.9
JHMD John Hancock Multifactor Developed International ETF 0.2 39 1 6.1 -0.5
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.2 20 20 5.6 -1.0
NUDM Nuveen ESG International Developed Markets Equity ETF 0.2 31 9 5.6 -1.0
OEFA ALPS O’Shares International Developed Quality Dividend ETF 0.2 48 -8 4.6 -2.0
SPEU SPDR Portfolio Europe ETF 0.2 7 33 6.4 -0.2
VGK Vanguard FTSE Europe ETF 0.2 6 34 6.5 -0.1
JIRE JPMorgan International Research Enhanced Equity ETF 0.2 24 16 5.8 -0.8
PRAY FIS Christian Stock Fund 0.2 69 -29 4.0 -2.6
DIVI Franklin International Core Dividend Tilt Index ETF 0.2 9 31 6.6 +0.0
OSEA Harbor International Compounders ETF 0.2 55 -15 4.1 -2.5
CLOD Themes Cloud Computing ETF 0.2 35 5 3.9 -2.7
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 0.2 65 -25 4.1 -2.5
FENI Fidelity Enhanced International ETF 0.2 28 12 5.8 -0.8
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.2 12 28 5.3 -1.3
PPIE Putnam PanAgora ESG International Equity ETF 0.2 49 -9 6.4 -0.1
STXI Strive International Developed Markets ETF 0.2 29 11 6.2 -0.4
IVSI Applied Finance IVS International LrgETF 0.2 65 -25 6.0 -0.5
DIM WisdomTree International MidCap Dividend Fund 0.2 58 -18 6.1 -0.4
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.2 45 -5 -0.9 -7.5
GDX VanEck Gold Miners ETF 0.2 51 -11 2.4 -4.2
GDXJ VanEck Junior Gold Miners ETF 0.2 52 -12 2.3 -4.3
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.2 25 15 6.1 -0.4
SLVP iShares MSCI Global Silver Miners ETF 0.2 39 1 3.5 -3.1
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.2 46 -6 4.9 -1.7
AUMI Themes Gold Miners ETF 0.2 35 5 2.6 -4.0
AUAU Global X Gold Miners ETF 0.2 35 5 2.1 -4.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.2 39 1 7.0 +0.4
AVSD Avantis Responsible International Equity ETF 0.2 23 17 6.0 -0.6
AVDE Avantis International Equity ETF 0.1 23 17 6.1 -0.4
DTH WisdomTree International High Dividend Fund 0.1 58 -18 7.1 +0.6
HAP VanEck Natural Resources ETF 0.1 50 -10 6.4 -0.2
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.1 40 0 5.6 -1.0
RTH VanEck Retail ETF 0.1 35 5 4.6 -2.0
TMAT Main Thematic Innovation ETF 0.1 164 -124 -2.0 -8.6
LIVR Intelligent Livermore ETF 0.1 69 -29 2.9 -3.7
DWM WisdomTree International Equity Fund 0.1 48 -8 5.6 -1.0
VYM Vanguard High Dividend Yield Index ETF 0.1 6 34 6.2 -0.4
ESGG FlexShares STOXX Global ESG Select Index Fund 0.1 42 -2 4.4 -2.2
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 31 4.6 -2.0
TOK iShares MSCI Kokusai ETF 0.1 26 14 4.5 -2.1
URTH iShares MSCI World ETF 0.1 24 16 4.5 -2.1
IPAV Global X Infrastructure Development ex-U.S. ETF 0.1 55 -15 5.7 -0.9
AVRE Avantis Real Estate ETF 0.1 17 23 6.8 +0.3
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.1 58 -18 8.4 +1.8
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.1 70 -30 6.5 -0.1
REET iShares Global REIT ETF 0.1 14 26 7.1 +0.5
SMIN iShares MSCI India Small Cap ETF 0.1 79 -39 3.5 -3.1
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.1 12 28 8.2 +1.6
DFGR Dimensional Global Real Estate ETF 0.1 22 18 7.1 +0.6
XMAG Defiance Large Cap ex-Mag 7 ETF 0.0 35 5 4.6 -2.0
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 31 4.4 -2.1
WSGE Warren Street Global Equity ETF 0.0 80 -40 3.0 -3.6
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.0 30 10 6.0 -0.6
CGW Invesco S&P Global Water Index ETF 0.0 57 -17 4.2 -2.4
ECH iShares MSCI Chile ETF 0.0 58 -18 7.0 +0.4
PIO Invesco Global Water ETF 0.0 75 -35 4.1 -2.4
VEGI iShares MSCI Agriculture Producers ETF 0.0 39 1 7.2 +0.6
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.0 42 -2 7.6 +1.1
PRF Invesco FTSE RAFI US 1000 ETF 0.0 34 6 6.0 -0.6
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 10 5.2 -1.3
FBCG Fidelity Blue Chip Growth ETF 0.0 59 -19 2.3 -4.2
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.0 8 32 6.3 -0.3

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 11.4 %
Divided by: Fwd. P/BV 1.6 x
Less: Expense ratio 40 bp
Equals: ALTAR Score 6.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.57 CATEGORY
AVERAGE		 1.52
 
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.