FlexShares Emerging Markets Quality Low Volatility Index Fund
ALTAR
Score™
8.3% info Recommen-
dation
NEUTRAL
2024E    2025E
P/E
ratio
14.1x P/Sales
ratio
1.6x
P/BV
ratio
1.9x Div.
yield
3.3%


  • 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 196
Wgt avg mkt cap (mns) $136,342
Large cap (>$10bn) 68.5%
Mid cap ($2-10bn) 31.0%
Small cap (<$2bn) 0.3%
Developed mkts 2.7%
Emerging mkts 97.3%

TOP TEN HOLDINGS
TAIWAN SEMICONDUCTOR MANUFAC 8.6 %
TENCENT HOLDINGS LTD 3.7 %
TATA CONSULTANCY SVS LTD 2.9 %
ALIBABA GROUP HOLDING LTD. SPONSOR 2.3 %
CHINA CONSTRUCTION BANK-H 2.0 %
HINDUSTAN UNILEVER LIMITED 1.4 %
POWER GRID CORP OF INDIA LTD 1.3 %
INTERNATIONAL HOLDINGS COMPANY PJS 1.2 %
HCL TECHNOLOGIES LTD 1.2 %
RELIANCE INDS-SPONS GDR 144A 1.2 %
Total 25.9 %

TOP COUNTRY EXPOSURE
INDIA 22.5 %
TAIWAN 19.6 %
CHINA 17.4 %
SOUTH KOREA 7.1 %
UAE 5.3 %
MALAYSIA 5.2 %
SAUDI ARABIA 4.1 %
BRAZIL 3.4 %
QATAR 2.4 %
KUWAIT 2.0 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
12.5% 22.1% 3.6% -- 4.4%

Market Correlations
versus... Beta R-squared
S&P500 0.51 47%
MSCI EAFE 0.58 64%
MSCI Emg. Mkts. 0.71 91%

Technical Indicators
Recent close $25.74
30d moving avg. $26.87
Annualized volatility 12.9%
Short interest (ETF) 0.8%
Relative strength (RSI) 48

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.2%
Bid/Ask (% of price) 0.38%
ADV underlying (mns) $8,861

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 390 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™: 8.3%


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
(%)
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 41.1 25 15 6.6 -1.6
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 36.7 30 10 8.1 -0.2
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 34.3 15 25 10.2 +2.0
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 32.7 15 25 7.2 -1.0
EMMF WisdomTree Emerging Markets Multifactor Fund 32.1 48 -8 8.8 +0.5
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 31.7 45 -5 11.0 +2.7
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 31.3 66 -26 10.0 +1.7
BKEM BNY Mellon Emerging Markets Equity ETF 31.2 11 29 8.4 +0.1
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 31.2 36 4 7.8 -0.5
JHEM John Hancock Multifactor Emerging Markets ETF 30.9 49 -9 8.2 -0.1
EMGF iShares Emerging Markets Equity Factor ETF 30.7 25 15 8.5 +0.2
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 30.1 30 10 7.3 -1.0
EEM iShares MSCI Emerging Markets ETF 29.9 69 -29 6.9 -1.4
SCHE Schwab Emerging Markets Equity ETF 29.8 11 29 7.1 -1.2
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 29.7 18 22 6.8 -1.5
FLAX Franklin FTSE Asia Ex Japan ETF 29.6 19 21 6.9 -1.4
EEMA iShares MSCI Emerging Markets Asia ETF 29.2 49 -9 6.5 -1.8
ESGE iShares ESG Aware MSCI EM ETF 29.2 25 15 7.1 -1.2
VWO Vanguard FTSE Emerging Markets ETF 28.6 8 32 6.9 -1.4
AAXJ iShares MSCI All Country Asia ex Japan ETF 28.3 70 -30 6.2 -2.1
EQLT iShares MSCI Emerging Markets Quality Factor ETF 28.0 35 5 7.4 -0.9
IEMG iShares Core MSCI Emerging Markets ETF 28.0 9 31 7.5 -0.8
DFAE Dimensional Emerging Core Equity Market ETF 27.6 35 5 7.3 -1.0
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 27.3 33 7 8.2 -0.1
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 26.8 24 16 9.2 +0.9
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 26.6 20 20 6.8 -1.5
DEHP Dimensional Emerging Markets High Profitability ETF 26.5 41 -1 5.0 -3.3
SPEM SPDR Portfolio Emerging Markets ETF 26.3 7 33 7.3 -1.0
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 25.8 32 8 6.9 -1.4
EMXF iShares ESG Advanced MSCI EM ETF 25.5 16 24 6.8 -1.5
EMXC iShares MSCI Emerging Markets ex China ETF 25.2 25 15 6.7 -1.6
PXH Invesco FTSE RAFI Emerging Markets ETF 25.2 49 -9 12.2 +4.0
STXE Strive Emerging Markets Ex-China ETF 24.9 32 8 7.0 -1.3
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 24.8 32 8 6.2 -2.1
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 24.4 39 1 12.5 +4.2
RNEM First Trust Emerging Markets Equity Select ETF 24.2 75 -35 7.6 -0.7
XCNY SPDR S&P Emerging Markets ex-China ETF 24.1 15 25 6.3 -2.0
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 23.9 95 -55 10.5 +2.2
XC WisdomTree Emerging Markets Ex-China Fund 23.8 32 8 6.0 -2.3
XCEM Columbia EM Core ex-China ETF 23.7 16 24 7.7 -0.6
ECON Columbia Emerging Markets Consumer ETF 23.6 49 -9 7.3 -1.0
NUEM Nuveen ESG Emerging Markets Equity ETF 23.5 36 4 6.5 -1.8
EELV Invesco S&P Emerging Markets Low Volatility ETF 23.3 29 11 8.7 +0.4
LDEM iShares ESG MSCI EM Leaders ETF 23.2 17 23 7.6 -0.6
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 22.9 59 -19 11.3 +3.0
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 22.1 41 -1 7.4 -0.9
DFEM Dimensional Emerging Markets Core Equity 2 ETF 22.1 38 2 7.8 -0.5
FDEM Fidelity Emerging Markets Multifactor ETF 22.0 25 15 12.3 +4.0
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 21.7 50 -10 13.0 +4.7
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 21.4 88 -48 7.4 -0.8
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 21.0 44 -4 10.6 +2.3
ROAM Hartford Multifactor Emerging Markets ETF 20.8 44 -4 15.8 +7.5
BKF iShares MSCI BIC ETF 20.6 69 -29 6.9 -1.4
MEM Matthews Emerging Markets Equity Active ETF 20.5 79 -39 5.4 -2.9
GMF SPDR S&P Emerging Asia Pacific ETF 20.5 49 -9 6.1 -2.2
EEMO Invesco S&P Emerging Markets Momentum ETF 20.2 29 11 5.5 -2.8
AIA iShares Asia 50 ETF 19.3 50 -10 6.6 -1.7
EWT iShares MSCI Taiwan ETF 18.7 58 -18 5.7 -2.6
FLIN Franklin FTSE India ETF 18.7 19 21 4.7 -3.6
EDIV SPDR S&P Emerging Markets Dividend ETF 18.4 49 -9 12.0 +3.7
MINV Matthews Asia Innovators Active ETF 18.3 79 -39 3.0 -5.3
PIN Invesco India ETF 17.9 78 -38 4.5 -3.8
FLTW Franklin FTSE Taiwan ETF 17.2 19 21 5.9 -2.4
EVLU iShares MSCI Emerging Markets Value Factor ETF 17.1 35 5 12.4 +4.1
INDA iShares MSCI India ETF 17.0 65 -25 4.4 -3.9
EMDM First Trust Bloomberg Emerging Market Democracies ETF 17.0 75 -35 8.2 -0.1
AVEM Avantis Emerging Markets Equity ETF 16.6 33 7 8.9 +0.6
EPI WisdomTree India Earnings Fund 16.3 85 -45 6.1 -2.2
NFTY First Trust India NIFTY 50 Equal Weight ETF 15.7 80 -40 6.3 -2.0
DEM WisdomTree Emerging Markets High Dividend Fund 15.5 63 -23 18.9 +10.6
INDY iShares India 50 ETF 15.2 89 -49 4.6 -3.7
PATN Pacer Nasdaq International Patent Leaders ETF 13.7 65 -25 6.5 -1.8
UEVM VictoryShares Emerging Markets Value Momentum ETF 13.6 45 -5 12.3 +4.0
FTHF First Trust Emerging Markets Human Flourishing ETF 12.5 75 -35 8.9 +0.6
MCHI iShares MSCI China ETF 12.3 59 -19 8.4 +0.1
FLCH Franklin FTSE China ETF 12.2 19 21 8.8 +0.5
GXC SPDR S&P China ETF 11.8 59 -19 8.3 +0.1
KALL KraneShares MSCI All China Index ETF 11.8 49 -9 9.0 +0.7
DVYE iShares Emerging Markets Dividend ETF 11.5 49 -9 18.8 +10.5
FXI iShares China Large-Cap ETF 11.5 74 -34 8.2 -0.1
GXUS Goldman Sachs MarketBeta Total International Equity ETF 11.0 18 22 7.0 -1.3
ACWX iShares MSCI ACWI ex U.S. ETF 11.0 34 6 7.0 -1.3
ACWV iShares MSCI Global Min Vol Factor ETF 10.9 20 20 6.3 -1.9
IQDF FlexShares International Quality Dividend Index Fund 10.6 47 -7 12.9 +4.6
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 10.5 42 -2 8.1 -0.2
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 10.4 41 -1 7.4 -0.9
VEU Vanguard FTSE All-World ex-US Index Fund 10.1 8 32 7.3 -1.0
IQDE FlexShares International Quality Dividend Defensive Index ET 10.0 47 -7 14.8 +6.5
JIG JPMorgan International Growth ETF 10.0 55 -15 4.6 -3.6
DFEV Dimensional Emerging Markets Value ETF 9.8 43 -3 11.1 +2.8
VSGX Vanguard ESG International Stock ETF 9.7 12 28 6.8 -1.5
IXUS iShares Core MSCI Total International Stock ETF 9.5 7 33 7.2 -1.1
VXUS Vanguard Total International Stock ETF 9.5 7 33 7.2 -1.1
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 9.2 60 -20 0.5 -7.8
KNCT Invesco Next Gen Connectivity ETF 9.0 40 0 5.6 -2.7
FBOT Fidelity Disruptive Automation ETF 8.6 50 -10 3.6 -4.6
GBUY Goldman Sachs Future Consumer Equity ETF 8.6 75 -35 3.3 -4.9
ECOW Pacer Emerging Markets Cash Cows 100 ETF 8.6 70 -30 9.2 +0.9
RODE Hartford Multifactor Diversified International ETF 8.2 29 11 11.8 +3.5
IWTR iShares MSCI Water Management Multisector ETF 8.1 47 -7 5.0 -3.3
CGRO CoreValues Alpha Greater China Growth ETF 8.0 75 -35 2.0 -6.3
JCHI JPMorgan Active China ETF 7.8 65 -25 8.0 -0.3
EMC Global X Emerging Markets Great Consumer ETF 7.7 75 -35 4.5 -3.8
MCH Matthews China Active ETF 7.4 79 -39 5.4 -2.9
SCHY Schwab International Dividend Equity ETF 7.3 14 26 9.3 +1.1
CGXU Capital Group International Focus Equity ETF 7.0 54 -14 4.9 -3.4
GLIN VanEck India Growth Leaders ETF 6.9 77 -37 5.7 -2.6
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 6.7 60 -20 9.8 +1.5
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 6.5 86 -46 1.6 -6.6
CWI SPDR MSCI ACWI ex-US ETF 6.5 30 10 6.9 -1.3
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 6.4 90 -50 6.1 -2.2
AIQ Global X Artificial Intelligence & Technology ETF 6.4 68 -28 4.0 -4.3
IQDY FlexShares International Quality Dividend Dynamic Index Fund 6.4 47 -7 9.4 +1.1
AVES Avantis Emerging Markets Value ETF 6.3 36 4 11.6 +3.3
NXTG First Trust Indxx NextG ETF 6.3 70 -30 6.2 -2.1
VYMI Vanguard International High Dividend Yield ETF 6.2 22 18 9.8 +1.5
CXSE WisdomTree China ex-State-Owned Enterprises Fund 6.1 32 8 6.1 -2.2
IXN iShares Global Tech ETF 5.9 41 -1 4.5 -3.8
CHAT Roundhill Generative AI & Technology ETF 5.8 75 -35 3.8 -4.4
BIGFX Baron International Growth Retail 5.7 75 -35 3.1 -5.1
AGQI First Trust Active Global Quality Income ETF 5.3 85 -45 5.9 -2.4
LEGR First Trust Indxx Innovative Transaction & Process ETF 5.3 65 -25 8.2 -0.1
KWEB KraneShares CSI China Internet ETF 5.3 69 -29 -1.4 -9.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 5.3 30 10 8.0 -0.3
NDIA Global X India Active ETF 5.2 75 -35 7.2 -1.1
DWX SPDR S&P International Dividend ETF 5.2 45 -5 6.5 -1.8
CQQQ Invesco China Technology ETF 5.2 70 -30 -7.9 -16.2
FDNI First Trust Dow Jones International Internet ETF 5.2 65 -25 2.1 -6.2
DGIN VanEck Digital India ETF 5.1 71 -31 0.1 -8.2
VIDI Vident International Equity Strategy ETF 5.1 61 -21 10.2 +1.9
ADIV SmartETFs Asia Pacific Dividend Builder ETF 5.1 78 -38 9.0 +0.7
EWM iShares MSCI Malaysia ETF 4.8 50 -10 5.5 -2.8
BTECX Baron Technology 4.6 75 -35 2.4 -5.9
DEW WisdomTree Global High Dividend Fund 4.6 58 -18 8.5 +0.2
FRDM Freedom 100 Emerging Markets ETF 4.5 49 -9 7.3 -1.0
TCHI iShares MSCI China Multisector Tech ETF 4.5 59 -19 1.9 -6.4
KTEC KraneShares Hang Seng TECH Index ETF 4.5 69 -29 -3.6 -11.9
SDEM Global X MSCI SuperDividend Emerging Markets ETF 4.4 67 -27 15.0 +6.7
BDAIX Baron Durable Advantage 4.4 75 -35 3.7 -4.6
MOTG VanEck Morningstar Global Wide Moat ETF 4.4 52 -12 5.6 -2.7
SOCL Global X Social Media ETF 4.4 65 -25 -6.4 -14.6
BNGE First Trust S-Network Streaming and Gaming ETF 4.3 70 -30 -3.5 -11.8
ESPO VanEck Video Gaming and eSports ETF 4.3 56 -16 3.5 -4.8
ODDS Pacer BlueStar Digital Entertainment ETF 4.3 60 -20 2.3 -6.0
EWY iShares MSCI South Korea ETF 4.1 58 -18 9.8 +1.6
FLSA Franklin FTSE Saudi Arabia ETF 4.1 39 1 5.7 -2.5
KSA iShares MSCI Saudi Arabia ETF 4.1 74 -34 5.6 -2.7
IXP iShares Global Comm Services ETF 4.1 42 -2 5.1 -3.2
MOTI VanEck Morningstar International Moat ETF 4.1 58 -18 5.9 -2.4
INCO Columbia India Consumer ETF 4.1 75 -35 1.5 -6.8
CLNR IQ Cleaner Transport ETF 3.9 45 -5 6.8 -1.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 3.9 20 20 5.2 -3.1
MRAD SmartETFs Advertising & Marketing Technology ETF 3.8 68 -28 5.5 -2.8
GSIB Themes Global Systemically Important Banks ETF 3.8 35 5 13.4 +5.2
ACWI iShares MSCI ACWI ETF 3.8 32 8 5.3 -3.0
EYLD Cambria Emerging Shareholder Yield ETF 3.8 66 -26 13.2 +4.9
EMM Global X Emerging Markets ex-China ETF 3.8 75 -35 4.2 -4.0
FMET Fidelity Metaverse ETF 3.7 39 1 5.4 -2.9
IVRS iShares Future Metaverse Tech and Communications ETF 3.7 47 -7 -4.9 -13.1
FLKR Franklin FTSE South Korea ETF 3.7 9 31 10.6 +2.3
KLMT Invesco MSCI Global Climate 500 ETF 3.7 10 30 5.4 -2.9
FEM First Trust Emerging Markets AlphaDEX Fund 3.6 80 -40 13.0 +4.8
FDCF Fidelity Disruptive Communications ETF 3.6 50 -10 2.6 -5.7
EBIZ Global X E-Commerce ETF 3.6 50 -10 2.1 -6.2
NTZG Nuveen Global Net Zero Transition ETF 3.6 56 -16 4.7 -3.6
EDOG ALPS Emerging Sector Dividend Dogs ETF 3.6 60 -20 13.4 +5.1
GVAL Cambria Global Value ETF 3.5 68 -28 13.1 +4.8
ISHP First Trust Nasdaq Retail ETF 3.4 60 -20 2.9 -5.4
OGIG ALPS O'Shares Global Internet Giants ETF 3.4 48 -8 1.9 -6.4
AIVC Amplify Bloomberg AI Value Chain ETF 3.4 59 -19 5.8 -2.4
VT Vanguard Total World Stock ETF 3.4 7 33 5.5 -2.8
IVES Wedbush ETFMG Global Cloud Technology ETF 3.4 68 -28 5.8 -2.5
DGT SPDR Global Dow ETF 3.4 50 -10 6.8 -1.5
VIGI Vanguard International Dividend Appreciation ETF 3.3 15 25 6.4 -1.9
ASEA Global X FTSE Southeast Asia ETF 3.2 65 -25 6.3 -2.0
GLOF iShares Global Equity Factor ETF 3.2 20 20 7.0 -1.3
WRND IQ Global Equity R&D Leaders ETF 3.2 18 22 7.5 -0.8
FLN First Trust Latin America AlphaDEX Fund 3.2 80 -40 8.4 +0.2
METV Roundhill Ball Metaverse ETF 3.1 59 -19 3.4 -4.9
ONLN ProShares Online Retail ETF 3.1 58 -18 3.3 -4.9
XNTK SPDR NYSE Technology ETF 3.1 35 5 4.2 -4.1
FCA First Trust China AlphaDEX Fund 3.0 80 -40 16.2 +7.9
PGJ Invesco Golden Dragon China ETF 3.0 70 -30 4.9 -3.4
FLLA Franklin FTSE Latin America ETF 2.9 19 21 13.2 +4.9
XT iShares Exponential Technologies ETF 2.9 46 -6 4.8 -3.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 2.9 12 28 4.8 -3.5
ARVR First Trust Indxx Metaverse ETF 2.7 70 -30 0.8 -7.5
ARTY iShares Future AI & Tech ETF 2.7 47 -7 3.8 -4.5
PNQI Invesco NASDAQ Internet ETF 2.7 60 -20 2.3 -6.0
EWZ iShares MSCI Brazil ETF 2.6 58 -18 10.4 +2.1
IGRO iShares International Dividend Growth ETF 2.6 15 25 7.5 -0.7
FLBR Franklin FTSE Brazil ETF 2.6 19 21 13.2 +4.9
IBLC iShares Blockchain and Tech ETF 2.6 47 -7 -1.7 -9.9
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 2.6 80 -40 7.6 -0.7
EEMD AAM S&P Emerging Markets High Dividend Value ETF 2.5 49 -9 16.1 +7.9
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 2.4 61 -21 1.2 -7.1
JSTC Adasina Social Justice All Cap Global ETF 2.4 89 -49 4.9 -3.4
QAT iShares MSCI Qatar ETF 2.4 59 -19 9.4 +1.1
UIVM VictoryShares International Value Momentum ETF 2.4 35 5 11.0 +2.7
BINV Brandes International ETF 2.3 70 -30 8.5 +0.2
TTAI FCF International Quality ETF 2.3 59 -19 5.6 -2.7
GINN Goldman Sachs Innovate Equity ETF 2.2 52 -12 2.8 -5.5
ANEW ProShares MSCI Transformational Changes ETF 2.2 45 -5 3.6 -4.7
QTUM Defiance Quantum ETF 2.1 40 0 3.6 -4.7
UAE iShares MSCI UAE ETF 2.1 59 -19 8.4 +0.2
DINT Davis Select International ETF 2.1 55 -15 6.0 -2.3
WWJD Inspire International ETF 2.0 80 -40 7.3 -1.0
EMFQ Amplify Emerging Markets FinTech ETF 2.0 69 -29 5.3 -3.0
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 2.0 68 -28 8.2 -0.0
SDG iShares MSCI Global Sustainable Development Goals ETF 2.0 49 -9 5.6 -2.6
LNGG Roundhill Alerian LNG ETF 1.9 65 -25 9.1 +0.8
FBZ First Trust Brazil AlphaDEX Fund 1.9 80 -40 13.3 +5.0
GVIP Goldman Sachs Hedge Industry VIP ETF 1.9 45 -5 4.8 -3.5
APIE ActivePassive International Equity ETF 1.9 45 -5 8.1 -0.2
EMIF iShares Emerging Markets Infrastructure ETF 1.8 60 -20 8.5 +0.2
JGLO JPMorgan Global Select Equity ETF 1.8 33 7 4.5 -3.8
CGGO Capital Group Global Growth Equity ETF 1.6 47 -7 4.6 -3.7
KOCG FIS Knights of Columbus Global Belief ETF 1.6 75 -35 5.0 -3.3
GURU Global X Guru Index ETF 1.6 75 -35 1.7 -6.6
CHIQ Global X MSCI China Consumer Discretionary ETF 1.5 65 -25 5.9 -2.4
IBUY Amplify Online Retail ETF 1.5 65 -25 1.4 -6.9
IXG iShares Global Financials ETF 1.5 42 -2 6.2 -2.1
BIOPX Baron Opportunity Retail 1.5 75 -35 1.0 -7.3
FPXI First Trust International Equity Opportunities ETF 1.5 70 -30 4.9 -3.4
WUGI AXS Esoterica NextG Economy ETF 1.5 75 -35 2.5 -5.8
INDF Nifty India Financials ETF 1.5 75 -35 5.3 -3.0
EIDO iShares MSCI Indonesia ETF 1.5 59 -19 7.5 -0.8
IDX VanEck Indonesia Index ETF 1.5 57 -17 8.8 +0.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.5 9 31 5.4 -2.9
UMMA Wahed Dow Jones Islamic World ETF 1.4 65 -25 4.6 -3.7
LIVR Intelligent Livermore ETF 1.4 69 -29 6.0 -2.3
BWEB Bitwise Web3 ETF 1.4 85 -45 0.7 -7.6
QINT American Century Quality Diversified International ETF 1.4 39 1 7.7 -0.6
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 1.4 75 -35 4.6 -3.7
FID First Trust S&P International Dividend Aristocrats ETF 1.3 60 -20 9.0 +0.7
WDIV SPDR S&P Global Dividend ETF 1.3 40 0 9.4 +1.1
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.3 56 -16 13.5 +5.2
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 1.3 86 -46 1.2 -7.0
INQQ India Internet & Ecommerce ETF 1.3 86 -46 2.6 -5.7
OBOR KraneShares MSCI One Belt One Road Index ETF 1.2 79 -39 10.3 +2.0
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.2 46 -6 9.3 +1.1
ICLN iShares Global Clean Energy ETF 1.1 41 -1 6.0 -2.3
IOO iShares Global 100 ETF 1.1 41 -1 4.8 -3.5
OSEA Harbor International Compounders ETF 1.1 55 -15 4.3 -4.0
THD iShares MSCI Thailand ETF 1.1 58 -18 6.1 -2.1
FTAG First Trust Indxx Global Agriculture ETF 1.1 70 -30 9.7 +1.4
SNSR Global X Internet of Things ETF 1.1 68 -28 4.6 -3.6
CGIE Capital Group International Equity ETF 1.1 54 -14 4.9 -3.4
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.1 24 16 8.7 +0.4
ILF iShares Latin America 40 ETF 1.1 48 -8 10.4 +2.2
BUYZ Franklin Disruptive Commerce ETF 1.1 50 -10 1.8 -6.5
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.0 80 -40 9.1 +0.8
IMFL Invesco International Developed Dynamic Multifactor ETF 1.0 34 6 5.9 -2.4
BLES Inspire Global Hope ETF 1.0 61 -21 6.4 -1.8
GINX SGI Enhanced Global Income ETF 1.0 98 -58 5.6 -2.6
DSTX Distillate International Fundamental Stability & Value ETF 1.0 55 -15 8.0 -0.3
CGV Conductor Global Equity Value ETF 0.9 130 -90 10.9 +2.6
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.9 65 -25 0.2 -8.0
FILL iShares MSCI Global Energy Producers ETF 0.9 39 1 9.6 +1.3
EPU iShares MSCI Peru and Global Exposure ETF 0.9 59 -19 5.5 -2.8
SFYF SoFi Social 50 ETF 0.9 29 11 -2.2 -10.4
CVAR Cultivar ETF 0.9 87 -47 6.7 -1.6
JPIN J.P. Morgan Diversified Return International Equity ETF 0.8 37 3 8.9 +0.6
RXI iShares Global Consumer Discretionary ETF 0.8 41 -1 5.4 -2.9
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 0.8 58 -18 5.0 -3.3
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.8 35 5 4.6 -3.7
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 0.8 57 -17 5.9 -2.4
FDTX Fidelity Disruptive Technology ETF 0.8 50 -10 2.8 -5.5
QNXT iShares Nasdaq-100 ex Top 30 ETF 0.8 20 20 5.2 -3.1
SATO Invesco Alerian Galaxy Crypto Economy ETF 0.7 61 -21 -2.4 -10.7
HELX Franklin Genomic Advancements ETF 0.7 50 -10 0.4 -7.9
VEGI iShares MSCI Agriculture Producers ETF 0.7 39 1 9.2 +0.9
VPL Vanguard FTSE Pacific ETF 0.7 8 32 7.7 -0.6
TPIF Timothy Plan International ETF 0.7 62 -22 6.8 -1.5
DWLD Davis Select Worldwide ETF 0.7 63 -23 6.7 -1.6
OND ProShares On-Demand ETF 0.7 58 -18 -2.2 -10.4
ROBO ROBO Global Robotics & Automation Index ETF 0.7 95 -55 3.5 -4.8
QQQJ Invesco NASDAQ Next Gen 100 ETF 0.6 15 25 4.5 -3.8
TRFM AAM Transformers ETF 0.6 49 -9 2.0 -6.3
AFK VanEck Africa Index ETF 0.6 98 -58 9.1 +0.8
MOO VanEck Agribusiness ETF 0.6 53 -13 9.7 +1.5
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.6 47 -7 5.5 -2.8
RNRG Global X Renewable Energy Producers ETF 0.6 66 -26 5.5 -2.8
BLOK Amplify Transformational Data Sharing ETF 0.6 75 -35 0.0 -8.3
FLMX Franklin FTSE Mexico ETF 0.6 19 21 16.2 +8.0
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.6 80 -40 12.3 +4.0
EFRA iShares Environmental Infrastructure and Industrials ETF 0.6 47 -7 4.9 -3.4
GII SPDR S&P Global Infrastructure ETF 0.6 40 0 4.3 -4.0
IGF iShares Global Infrastructure ETF 0.6 41 -1 4.3 -4.0
GTEK Goldman Sachs Future Tech Leaders Equity ETF 0.6 75 -35 2.9 -5.4
HERO Global X Video Games & Esports ETF 0.5 50 -10 4.4 -3.8
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 0.5 20 20 5.6 -2.7
VERS ProShares Metaverse ETF 0.5 58 -18 -16.0 -24.3
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.5 58 -18 10.2 +1.9
FPAG FPA Global Equity ETF 0.5 49 -9 5.4 -2.9
URA Global X Uranium ETF 0.5 69 -29 2.4 -5.9
IQRA IQ CBRE Real Assets ETF 0.5 65 -25 5.2 -3.1
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.5 68 -28 2.1 -6.2
QQQ Invesco QQQ Trust Series I 0.5 20 20 4.5 -3.7
HART IQ Healthy Hearts ETF 0.5 45 -5 5.0 -3.3
QQQM Invesco NASDAQ 100 ETF 0.5 15 25 4.6 -3.7
MVPS Amplify Thematic All-Stars ETF 0.5 49 -9 2.7 -5.6
EPHE iShares MSCI Philippines ETF 0.5 59 -19 8.9 +0.6
GCOW Pacer Global Cash Cows Dividend ETF 0.5 60 -20 12.5 +4.2
CIL VictoryShares International Volatility Wtd ETF 0.5 45 -5 7.0 -1.3
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 0.5 51 -11 7.1 -1.2
IDAT iShares Future Cloud 5G and Tech ETF 0.5 47 -7 4.3 -4.0
GGME Invesco Next Gen Media and Gaming ETF 0.5 60 -20 3.5 -4.8
WTAI WisdomTree Artificial Intelligence and Innovation Fund 0.5 45 -5 3.1 -5.2
ERTH Invesco MSCI Sustainable Future ETF 0.4 62 -22 3.6 -4.7
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.4 49 -9 7.0 -1.3
FNDF Schwab Fundamental International Large Co. Index ETF 0.4 25 15 9.9 +1.6
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.4 45 -5 5.7 -2.6
KOMP SPDR S&P Kensho New Economies Composite ETF 0.4 20 20 1.0 -7.3
ONEQ Fidelity Nasdaq Composite Index ETF 0.4 21 19 3.8 -4.5
SDIV Global X Superdividend ETF 0.4 58 -18 14.9 +6.6
HFXI IQ FTSE International Equity Currency Neutral ETF 0.4 20 20 7.1 -1.2
SHPP Pacer Industrials and Logistics ETF 0.4 60 -20 9.9 +1.6
IPAV Global X Infrastructure Development ex-U.S. ETF 0.4 55 -15 9.7 +1.4
CLOU Global X Cloud Computing ETF 0.3 68 -28 1.8 -6.5
FBCG Fidelity Blue Chip Growth ETF 0.3 59 -19 2.8 -5.5
SCHF Schwab International Equity ETF 0.3 6 34 7.5 -0.8
JHDV John Hancock U.S. High Dividend ETF 0.3 34 6 6.2 -2.1
SPDW SPDR Portfolio Developed World ex-US ETF 0.3 3 37 7.2 -1.1
EWH iShares MSCI Hong Kong ETF 0.3 50 -10 6.2 -2.1
FLHK Franklin FTSE Hong Kong ETF 0.3 9 31 6.8 -1.5
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.3 10 30 7.7 -0.6
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.3 12 28 8.3 -0.0
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.3 45 -5 -0.6 -8.8
QQMG Invesco ESG NASDAQ 100 ETF 0.3 20 20 4.7 -3.6
VEA Vanguard FTSE Developed Markets ETF 0.3 5 35 7.3 -1.0
PICK iShares MSCI Global Metals & Mining Producers ETF 0.2 39 1 12.8 +4.6
ICOP iShares Copper and Metals Mining ETF 0.2 47 -7 10.1 +1.8
FNDC Schwab Fundamental International Small Co. Index ETF 0.2 39 1 7.2 -1.1
PID Invesco International Dividend Achievers ETF 0.2 53 -13 7.0 -1.2
EWW iShares MSCI Mexico ETF 0.2 50 -10 13.2 +4.9
HAP VanEck Natural Resources ETF 0.2 50 -10 10.0 +1.7
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.2 58 -18 4.6 -3.7
IPKW Invesco International BuyBack Achievers ETF 0.2 55 -15 11.0 +2.7
IXC iShares Global Energy ETF 0.2 44 -4 8.7 +0.4
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.2 45 -5 8.9 +0.7
EPP iShares MSCI Pacific ex-Japan ETF 0.2 47 -7 4.9 -3.4
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.2 19 21 5.4 -2.9
CARZ First Trust NASDAQ Global Auto Index Fund 0.2 70 -30 3.8 -4.5
IDV iShares International Select Dividend ETF 0.1 51 -11 12.2 +4.0
KXI iShares Global Consumer Staples ETF 0.1 41 -1 5.7 -2.6
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.1 80 -40 3.2 -5.1
RODM Hartford Multifactor Developed Markets (ex-US) ETF 0.1 29 11 8.6 +0.3
DRIV Global X Autonomous & Electric Vehicles ETF 0.1 68 -28 4.8 -3.5
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.1 46 -6 4.9 -3.4
HAIL SPDR S&P Kensho Smart Mobility ETF 0.1 45 -5 -3.0 -11.3
QQQN VictoryShares Nasdaq Next 50 ETF 0.1 18 22 4.9 -3.4
SIMS SPDR S&P Kensho Intelligent Structures ETF 0.1 45 -5 -6.9 -15.2
OAIM OneAscent International Equity ETF 0.1 95 -55 5.1 -3.2
TOGA Tremblant Global ETF 0.1 69 -29 1.9 -6.4
IDHQ Invesco S&P International Developed High Quality ETF 0.1 29 11 6.5 -1.8
VYM Vanguard High Dividend Yield Index ETF 0.1 6 34 6.8 -1.5
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.1 80 -40 10.8 +2.5
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 1 6.8 -1.5
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.1 65 -25 12.8 +4.5
IPAC iShares Core MSCI Pacific ETF 0.0 9 31 7.2 -1.1
EFAV iShares MSCI EAFE Min Vol Factor ETF 0.0 22 18 6.6 -1.7
KURE KraneShares MSCI All China Health Care Index ETF 0.0 65 -25 4.3 -4.0
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 1 7.5 -0.7
DMXF iShares ESG Advanced MSCI EAFE ETF 0.0 12 28 5.5 -2.7
IQLT iShares MSCI Intl Quality Factor ETF 0.0 30 10 6.2 -2.1
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.0 12 28 5.9 -2.4
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.0 25 15 7.2 -1.1
IDRV iShares Self-driving EV & Tech ETF 0.0 47 -7 -0.4 -8.7
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 31 4.8 -3.5
TGRW T. Rowe Price Growth Stock ETF 0.0 52 -12 3.7 -4.6
EFG iShares MSCI EAFE Growth ETF 0.0 36 4 4.5 -3.8
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 15 6.8 -1.5
TCHP T. Rowe Price Blue Chip Growth ETF 0.0 57 -17 3.4 -4.9
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 15 6.8 -1.5
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.0 30 10 7.3 -1.0
BKIE BNY Mellon International Equity ETF 0.0 4 36 7.1 -1.2
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.0 36 4 6.6 -1.7
EFA iShares MSCI EAFE ETF 0.0 35 5 6.9 -1.4
GSID Goldman Sachs MarketBeta International Equity ETF 0.0 20 20 7.0 -1.3
MOTO SmartETFs Smart Transportation & Technology ETF 0.0 68 -28 7.3 -1.0
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.0 20 20 6.5 -1.8
IEFA iShares Core MSCI EAFE ETF 0.0 7 33 7.1 -1.1
EFV iShares MSCI EAFE Value ETF 0.0 34 6 9.4 +1.2
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 36 7.1 -1.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 1 7.4 -0.8
TOK iShares MSCI Kokusai ETF 0.0 26 14 5.0 -3.3
URTH iShares MSCI World ETF 0.0 24 16 5.2 -3.1
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 10 5.9 -2.3
KOKU Xtrackers MSCI Kokusai Equity ETF 0.0 9 31 5.2 -3.1

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2019 2020 2021 2022 2023 2024E 2025E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2023 2024E 2025E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
FlexShares Emerging Markets Quality Low Volatility Index Fund
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 15.2 %
Divided by: Fwd. P/BV 1.7 x
Less: Expense ratio 40 bp
Equals: ALTAR Score 8.3 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.60 CATEGORY
AVERAGE
1.48
 
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.