First Trust Emerging Markets Equity Select ETF
ALTAR
Score™		 8.2% info Recommen-
dation		 NEUTRAL
2024E    2025E
P/E
ratio		 10.9x P/Sales
ratio		 1.2x
P/BV
ratio		 1.4x Div.
yield		 3.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The First Trust Emerging Markets Equity Select ETF tracks an index of emerging market stocks selected for low volatility.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor First Trust
Website www.ftportfolios.com
Inception date Jun 20, 2017
Assets (mns) $19
Currency USD
Expense ratio 75 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Tiered
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 268
Wgt avg mkt cap (mns) $39,354
Large cap (>$10bn) 68.6%
Mid cap ($2-10bn) 28.8%
Small cap (<$2bn) 2.0%
Developed mkts 4.7%
Emerging mkts 95.3%

TOP TEN HOLDINGS
BOSIDENG INTL HLDGS LTD 3.3 %
AIR CHINA LIMITED-H 2.9 %
RELIANCE INDUSTRIES LTD 2.9 %
TATA CONSULTANCY SVS LTD 2.9 %
HDFC BANK LIMITED 2.0 %
KOTAK MAHINDRA BANK LTD 1.9 %
STATE BANK OF INDIA 1.9 %
BAJAJ FINSERV LTD 1.9 %
AXIS BANK LIMITED 1.9 %
ICICI BANK LTD 1.8 %
Total 23.4 %

TOP COUNTRY EXPOSURE
INDIA 33.5 %
CHINA 12.9 %
TAIWAN 10.2 %
BRAZIL 8.8 %
MEXICO 6.8 %
HONG KONG 5.3 %
SOUTH AFRICA 3.9 %
THAILAND 3.3 %
INDONESIA 2.7 %
MALAYSIA 2.1 %

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.
-1.3% 17.7% 3.0% -- 3.4%

Market Correlations
versus... Beta R-squared
S&P500 0.54 52%
MSCI EAFE 0.66 71%
MSCI Emg. Mkts. 0.67 81%

Technical Indicators
Recent close $51.44
30d moving avg. $48.78
Annualized volatility 13.3%
Short interest (ETF) 1.4%
Relative strength (RSI) 69

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.3%
Bid/Ask (% of price) 0.43%
ADV underlying (mns) $6,300

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 374 potential alternatives to the First Trust Emerging Markets Equity Select ETF ETF based on the alternatives' overlap in portfolio holdings with RNEM. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: RNEM Expense: 75 bp ALTAR Score™: 8.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH RNEM
Ticker Fund
Name		 Overlap1
vs RNEM
(%)		 Expense
ratio
(bp)		 Savings
vs RNEM
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs RNEM
(%)
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 34.3 24 51 7.1 -1.1
STXE Strive Emerging Markets Ex-China ETF 29.7 32 43 6.9 -1.3
JHEM John Hancock Multifactor Emerging Markets ETF 29.4 49 26 8.3 +0.1
EMXC iShares MSCI Emerging Markets ex China ETF 27.4 25 50 6.7 -1.6
NFTY First Trust India NIFTY 50 Equal Weight ETF 27.2 80 -5 6.1 -2.1
XC WisdomTree Emerging Markets Ex-China Fund 27.2 32 43 6.2 -2.0
LDEM iShares ESG MSCI EM Leaders ETF 26.4 17 58 7.7 -0.5
EMXF iShares ESG Advanced MSCI EM ETF 26.3 16 59 7.4 -0.8
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 26.2 20 55 7.5 -0.8
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 25.6 44 31 10.3 +2.1
INDY iShares India 50 ETF 25.0 89 -14 3.7 -4.5
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 24.7 32 43 7.6 -0.7
INDA iShares MSCI India ETF 24.5 65 10 3.7 -4.6
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 24.4 66 9 7.2 -1.0
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 24.3 25 50 7.0 -1.2
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 24.2 15 60 7.1 -1.2
EEM iShares MSCI Emerging Markets ETF 24.1 69 6 7.0 -1.3
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 24.1 30 45 8.5 +0.3
BKEM BNY Mellon Emerging Markets Equity ETF 23.8 11 64 7.7 -0.5
SCHE Schwab Emerging Markets Equity ETF 23.8 11 64 7.6 -0.7
FLIN Franklin FTSE India ETF 23.5 19 56 5.2 -3.0
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 23.3 30 45 7.5 -0.7
BKF iShares MSCI BIC ETF 23.1 69 6 7.1 -1.2
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 23.0 36 39 7.5 -0.8
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 22.5 39 36 12.5 +4.3
VWO Vanguard FTSE Emerging Markets ETF 21.9 8 67 7.6 -0.7
EPI WisdomTree India Earnings Fund 21.9 85 -10 6.6 -1.6
PXH Invesco FTSE RAFI Emerging Markets ETF 21.8 49 26 12.4 +4.2
ROAM Hartford Multifactor Emerging Markets ETF 21.5 44 31 11.7 +3.5
SPEM SPDR Portfolio Emerging Markets ETF 21.3 7 68 7.5 -0.7
IEMG iShares Core MSCI Emerging Markets ETF 21.1 9 66 7.5 -0.7
EMMF WisdomTree Emerging Markets Multifactor Fund 21.0 48 27 9.4 +1.1
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 21.0 50 25 10.5 +2.3
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 20.9 45 30 8.6 +0.4
PIN Invesco India ETF 20.6 78 -3 3.8 -4.5
EELV Invesco S&P Emerging Markets Low Volatility ETF 20.5 29 46 8.3 +0.1
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 20.3 32 43 6.3 -2.0
EEMA iShares MSCI Emerging Markets Asia ETF 20.2 49 26 6.7 -1.6
EMDM First Trust Bloomberg Emerging Market Democracies ETF 20.1 75 0 9.6 +1.4
EMGF iShares Emerging Markets Equity Factor ETF 20.0 25 50 8.7 +0.4
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 19.7 40 35 7.1 -1.1
DFEV Dimensional Emerging Markets Value ETF 19.4 43 32 10.9 +2.7
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 19.4 33 42 7.2 -1.1
GMF SPDR S&P Emerging Asia Pacific ETF 19.4 49 26 6.4 -1.9
DFAE Dimensional Emerging Core Equity Market ETF 19.1 35 40 7.7 -0.5
ESGE iShares ESG Aware MSCI EM ETF 19.1 25 50 7.7 -0.6
AAXJ iShares MSCI All Country Asia ex Japan ETF 18.8 70 5 6.3 -2.0
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 18.4 18 57 7.9 -0.4
FLAX Franklin FTSE Asia Ex Japan ETF 18.1 19 56 7.2 -1.1
NUEM Nuveen ESG Emerging Markets Equity ETF 17.8 36 39 6.8 -1.5
XCEM Columbia EM Core ex-China ETF 16.1 16 59 7.4 -0.9
FDEM Fidelity Emerging Markets Multifactor ETF 15.9 25 50 11.9 +3.7
DEHP Dimensional Emerging Markets High Profitability ETF 15.9 41 34 7.3 -1.0
AVEM Avantis Emerging Markets Equity ETF 15.7 33 42 9.1 +0.9
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 15.6 59 16 9.6 +1.3
DFEM Dimensional Emerging Markets Core Equity 2 ETF 15.3 38 37 8.2 -0.0
UEVM VictoryShares Emerging Markets Value Momentum ETF 14.5 45 30 12.7 +4.5
DEM WisdomTree Emerging Markets High Dividend Fund 13.8 63 12 12.9 +4.7
FLLA Franklin FTSE Latin America ETF 13.7 19 56 11.7 +3.4
FEM First Trust Emerging Markets AlphaDEX Fund 13.3 80 -5 16.3 +8.1
AVES Avantis Emerging Markets Value ETF 12.9 36 39 12.1 +3.8
NDIA Global X India Active ETF 12.8 75 0 6.5 -1.7
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 12.7 41 34 7.8 -0.4
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 12.7 95 -20 11.4 +3.2
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 12.5 88 -13 6.2 -2.1
INDF Nifty India Financials ETF 11.3 75 0 6.0 -2.3
EEMO Invesco S&P Emerging Markets Momentum ETF 11.2 29 46 6.2 -2.1
ACWV iShares MSCI Global Min Vol Factor ETF 10.2 20 55 6.7 -1.5
RODE Hartford Multifactor Diversified International ETF 9.8 29 46 11.5 +3.3
EWT iShares MSCI Taiwan ETF 8.8 58 17 5.7 -2.5
FRDM Freedom 100 Emerging Markets ETF 8.6 49 26 7.3 -0.9
FLTW Franklin FTSE Taiwan ETF 8.5 19 56 6.0 -2.2
DVYE iShares Emerging Markets Dividend ETF 8.4 49 26 16.6 +8.3
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 8.3 20 55 10.7 +2.5
FXI iShares China Large-Cap ETF 8.1 74 1 9.6 +1.3
CGXU Capital Group International Focus Equity ETF 8.0 54 21 4.1 -4.1
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 8.0 90 -15 7.0 -1.3
VYMI Vanguard International High Dividend Yield ETF 7.8 22 53 9.7 +1.5
FCA First Trust China AlphaDEX Fund 7.7 80 -5 17.6 +9.4
GLIN VanEck India Growth Leaders ETF 7.7 77 -2 5.3 -2.9
MCHI iShares MSCI China ETF 7.6 59 16 8.9 +0.7
ECON Columbia Emerging Markets Consumer ETF 7.5 49 26 4.8 -3.5
FLCH Franklin FTSE China ETF 7.2 19 56 9.6 +1.4
FLBR Franklin FTSE Brazil ETF 7.1 19 56 12.4 +4.2
MINV Matthews Asia Innovators Active ETF 7.1 79 -4 2.8 -5.4
WWJD Inspire International ETF 7.0 80 -5 7.1 -1.1
GXC SPDR S&P China ETF 7.0 59 16 9.0 +0.8
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 7.0 41 34 6.7 -1.6
FBZ First Trust Brazil AlphaDEX Fund 6.9 80 -5 11.9 +3.7
ACWX iShares MSCI ACWI ex U.S. ETF 6.9 34 41 6.7 -1.5
EDIV SPDR S&P Emerging Markets Dividend ETF 6.9 49 26 10.9 +2.6
EWZ iShares MSCI Brazil ETF 6.9 58 17 11.9 +3.6
ECOW Pacer Emerging Markets Cash Cows 100 ETF 6.9 70 5 11.4 +3.2
LEGR First Trust Indxx Innovative Transaction & Process ETF 6.8 65 10 8.4 +0.1
FLMX Franklin FTSE Mexico ETF 6.8 19 56 10.8 +2.6
SDEM Global X MSCI SuperDividend Emerging Markets ETF 6.8 67 8 17.5 +9.3
FLN First Trust Latin America AlphaDEX Fund 6.8 80 -5 11.1 +2.8
VIDI Vident International Equity Strategy ETF 6.7 61 14 11.9 +3.7
VSGX Vanguard ESG International Stock ETF 6.4 12 63 6.8 -1.4
VEU Vanguard FTSE All-World ex-US Index Fund 6.3 8 67 7.2 -1.1
EMC Global X Emerging Markets Great Consumer ETF 6.1 75 0 4.9 -3.4
IXUS iShares Core MSCI Total International Stock ETF 6.1 7 68 6.9 -1.3
VXUS Vanguard Total International Stock ETF 6.0 7 68 7.1 -1.1
EWW iShares MSCI Mexico ETF 6.0 50 25 9.7 +1.4
KALL KraneShares MSCI All China Index ETF 5.8 49 26 9.4 +1.1
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 5.7 60 15 10.0 +1.8
DEW WisdomTree Global High Dividend Fund 5.7 58 17 9.1 +0.9
CN Xtrackers MSCI All China Equity ETF 5.5 50 25 8.7 +0.4
EYLD Cambria Emerging Shareholder Yield ETF 5.4 66 9 12.1 +3.9
VIGI Vanguard International Dividend Appreciation ETF 5.4 15 60 5.6 -2.7
MEM Matthews Emerging Markets Equity Active ETF 5.3 79 -4 5.7 -2.5
CWI SPDR MSCI ACWI ex-US ETF 5.3 30 45 6.8 -1.4
NXTG First Trust Indxx NextG ETF 5.1 70 5 6.0 -2.3
INCO Columbia India Consumer ETF 5.0 75 0 1.6 -6.6
EDOG ALPS Emerging Sector Dividend Dogs ETF 5.0 60 15 14.7 +6.5
BLES Inspire Global Hope ETF 4.9 61 14 6.3 -1.9
EMM Global X Emerging Markets ex-China ETF 4.8 75 0 3.7 -4.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 4.7 30 45 7.8 -0.5
IQDF FlexShares International Quality Dividend Index Fund 4.4 47 28 10.7 +2.5
DGIN VanEck Digital India ETF 4.4 71 4 1.6 -6.6
ASEA Global X FTSE Southeast Asia ETF 4.3 65 10 6.5 -1.8
SCHY Schwab International Dividend Equity ETF 4.2 14 61 9.3 +1.0
EEMD AAM S&P Emerging Markets High Dividend Value ETF 4.0 49 26 19.0 +10.8
FILL iShares MSCI Global Energy Producers ETF 4.0 39 36 9.0 +0.8
ILF iShares Latin America 40 ETF 4.0 48 27 10.3 +2.0
GVAL Cambria Global Value ETF 4.0 68 7 12.3 +4.1
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 3.8 68 7 8.8 +0.6
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 3.7 86 -11 1.9 -6.3
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 3.6 42 33 6.8 -1.4
IQDE FlexShares International Quality Dividend Defensive Index ET 3.4 47 28 10.7 +2.4
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 3.3 58 17 10.1 +1.9
AFK VanEck Africa Index ETF 3.3 98 -23 10.0 +1.8
AIA iShares Asia 50 ETF 3.3 50 25 6.9 -1.4
EZA iShares MSCI South Africa ETF 3.1 58 17 11.4 +3.2
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 3.1 86 -11 1.9 -6.3
GLOF iShares Global Equity Factor ETF 2.9 20 55 7.1 -1.2
INQQ India Internet & Ecommerce ETF 2.9 86 -11 10.8 +2.5
DSTX Distillate International Fundamental Stability & Value ETF 2.9 55 20 8.0 -0.2
OBOR KraneShares MSCI One Belt One Road Index ETF 2.8 79 -4 10.3 +2.1
JSTC Adasina Social Justice All Cap Global ETF 2.7 89 -14 4.8 -3.5
EIDO iShares MSCI Indonesia ETF 2.7 59 16 7.6 -0.7
ACWI iShares MSCI ACWI ETF 2.6 32 43 5.5 -2.8
DGT SPDR Global Dow ETF 2.6 50 25 6.7 -1.6
IGRO iShares International Dividend Growth ETF 2.5 15 60 7.1 -1.2
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.5 47 28 10.3 +2.0
CRBN iShares MSCI ACWI Low Carbon Target ETF 2.5 20 55 5.6 -2.6
IDX VanEck Indonesia Index ETF 2.4 57 18 7.9 -0.4
IXG iShares Global Financials ETF 2.3 42 33 6.8 -1.4
VT Vanguard Total World Stock ETF 2.2 7 68 5.8 -2.4
ADIV SmartETFs Asia Pacific Dividend Builder ETF 2.1 78 -3 8.8 +0.6
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 2.0 80 -5 14.2 +5.9
EWM iShares MSCI Malaysia ETF 2.0 50 25 5.7 -2.6
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 1.9 47 28 5.9 -2.3
JCHI JPMorgan Active China ETF 1.9 65 10 7.9 -0.3
JIG JPMorgan International Growth ETF 1.8 55 20 4.3 -3.9
PICK iShares MSCI Global Metals & Mining Producers ETF 1.8 39 36 11.0 +2.7
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.7 12 63 5.1 -3.2
WOOD iShares Global Timber & Forestry ETF 1.6 42 33 9.6 +1.4
CUT Invesco MSCI Global Timber ETF 1.6 61 14 8.6 +0.3
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.6 46 29 8.8 +0.6
CGGO Capital Group Global Growth Equity ETF 1.6 47 28 4.3 -3.9
CXSE WisdomTree China ex-State-Owned Enterprises Fund 1.6 32 43 5.7 -2.6
EEMS iShares MSCI Emerging Markets Small Cap ETF 1.6 70 5 7.2 -1.0
TUR iShares MSCI Turkey ETF 1.6 58 17 18.6 +10.4
BRAZ Global X Brazil Active ETF 1.5 75 0 10.3 +2.0
EPOL iShares MSCI Poland ETF 1.5 59 16 10.5 +2.3
EMIF iShares Emerging Markets Infrastructure ETF 1.5 60 15 4.6 -3.6
EPHE iShares MSCI Philippines ETF 1.5 59 16 8.9 +0.7
FTRI First Trust Indxx Global Natural Resources Income ETF 1.5 70 5 10.6 +2.4
IWTR iShares MSCI Water Management Multisector ETF 1.4 47 28 4.8 -3.4
FM iShares Frontier and Select EM ETF 1.4 80 -5 9.5 +1.3
DWX SPDR S&P International Dividend ETF 1.4 45 30 7.1 -1.1
CHIQ Global X MSCI China Consumer Discretionary ETF 1.4 65 10 5.3 -2.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.3 9 66 5.7 -2.5
MCH Matthews China Active ETF 1.3 79 -4 6.1 -2.2
TTAI FCF International Quality ETF 1.2 59 16 7.4 -0.8
MXI iShares Global Materials ETF 1.2 41 34 6.6 -1.6
SDG iShares MSCI Global Sustainable Development Goals ETF 1.2 49 26 5.8 -2.5
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 1.1 46 29 5.6 -2.7
HAP VanEck Natural Resources ETF 1.1 50 25 9.5 +1.2
MOTI VanEck Morningstar International Moat ETF 1.0 58 17 6.9 -1.3
ISHP First Trust Nasdaq Retail ETF 1.0 60 15 3.2 -5.1
ERTH Invesco MSCI Sustainable Future ETF 1.0 62 13 3.7 -4.6
KBUY KraneShares CICC China Consumer Leaders Index ETF 1.0 69 6 0.0 -8.2
IDAT iShares Future Cloud 5G and Tech ETF 0.9 47 28 4.5 -3.7
SRVR Pacer Data & Infrastructure Real Estate ETF 0.9 55 20 2.9 -5.3
DTCR Global X Data Center & Digital Infrastructure ETF 0.9 50 25 2.7 -5.6
XT iShares Exponential Technologies ETF 0.9 46 29 3.9 -4.4
GMET VanEck Green Metals ETF 0.9 63 12 9.8 +1.6
KXI iShares Global Consumer Staples ETF 0.9 41 34 5.6 -2.7
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.9 10 65 8.2 -0.1
FLHK Franklin FTSE Hong Kong ETF 0.9 9 66 7.4 -0.8
JETS U.S. Global Jets ETF 0.8 60 15 -15.6 -23.8
IMFL Invesco International Developed Dynamic Multifactor ETF 0.8 34 41 10.6 +2.4
CGV Conductor Global Equity Value ETF 0.8 130 -55 11.3 +3.1
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.8 45 30 6.2 -2.0
ANEW ProShares MSCI Transformational Changes ETF 0.8 45 30 3.3 -4.9
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.7 12 63 8.7 +0.5
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.7 56 19 13.9 +5.7
VWID Virtus WMC International Dividend ETF 0.7 49 26 9.4 +1.2
EWH iShares MSCI Hong Kong ETF 0.7 50 25 7.0 -1.3
DVYA iShares Asia/Pacific Dividend ETF 0.7 49 26 9.1 +0.9
FIVA Fidelity International Value Factor ETF 0.7 18 57 9.3 +1.1
IDV iShares International Select Dividend ETF 0.7 51 24 12.3 +4.1
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 0.7 32 43 6.7 -1.5
DINT Davis Select International ETF 0.7 55 20 4.7 -3.5
DWLD Davis Select Worldwide ETF 0.7 63 12 5.6 -2.6
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.7 60 15 0.9 -7.3
FDNI First Trust Dow Jones International Internet ETF 0.7 65 10 2.8 -5.5
BUYZ Franklin Disruptive Commerce ETF 0.7 50 25 2.1 -6.2
LNGG Roundhill Alerian LNG ETF 0.7 65 10 8.5 +0.3
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.7 58 17 4.6 -3.7
EFAV iShares MSCI EAFE Min Vol Factor ETF 0.7 22 53 6.2 -2.0
LVHI Franklin International Low Volatility High Dividend Index ET 0.7 40 35 10.2 +1.9
IGF iShares Global Infrastructure ETF 0.6 41 34 5.0 -3.3
GII SPDR S&P Global Infrastructure ETF 0.6 40 35 5.0 -3.3
EPP iShares MSCI Pacific ex-Japan ETF 0.6 47 28 5.4 -2.9
HJEN Direxion Hydrogen ETF 0.6 45 30 -3.2 -11.4
KNCT Invesco Next Gen Connectivity ETF 0.6 40 35 5.9 -2.4
ECH iShares MSCI Chile ETF 0.6 58 17 10.7 +2.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.6 49 26 6.7 -1.5
FNDC Schwab Fundamental International Small Co. Index ETF 0.6 39 36 6.9 -1.3
RING iShares MSCI Global Gold Miners ETF 0.6 39 36 5.7 -2.5
NUDM Nuveen ESG International Developed Markets Equity ETF 0.6 31 44 6.4 -1.8
SHPP Pacer Industrials and Logistics ETF 0.6 60 15 8.9 +0.7
BBEU JPMorgan BetaBuilders Europe ETF 0.6 9 66 6.7 -1.5
SPEU SPDR Portfolio Europe ETF 0.6 7 68 6.6 -1.7
VGK Vanguard FTSE Europe ETF 0.5 11 64 6.8 -1.4
CRUZ Defiance Hotel Airline and Cruise ETF 0.5 45 30 -4.9 -13.2
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 0.5 80 -5 5.4 -2.9
FLEE Franklin FTSE Europe ETF 0.5 9 66 6.8 -1.4
OSEA Harbor International Compounders ETF 0.5 55 20 3.7 -4.5
IQSI IQ Candriam International Equity ETF 0.5 15 60 6.4 -1.8
GLIF AGF Global Infrastructure ETF 0.5 45 30 5.5 -2.7
IQRA IQ CBRE Real Assets ETF 0.5 65 10 5.9 -2.3
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.4 7 68 6.5 -1.7
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.4 85 -10 8.1 -0.1
QINT American Century Quality Diversified International ETF 0.4 39 36 7.4 -0.8
HART IQ Healthy Hearts ETF 0.4 45 30 5.3 -2.9
AIVI WisdomTree International AI Enhanced Value Fund 0.4 58 17 8.0 -0.2
CRAK VanEck Oil Refiners ETF 0.4 61 14 13.1 +4.8
RWO SPDR Dow Jones Global Real Estate ETF 0.4 50 25 6.9 -1.3
RWX SPDR Dow Jones International Real Estate ETF 0.4 59 16 7.2 -1.0
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.4 24 51 8.6 +0.3
DTH WisdomTree International High Dividend Fund 0.4 58 17 10.1 +1.9
TMFG Motley Fool Global Opportunities ETF 0.4 85 -10 3.3 -5.0
SCHF Schwab International Equity ETF 0.4 6 69 7.0 -1.2
RODM Hartford Multifactor Developed Markets (ex-US) ETF 0.4 29 46 8.8 +0.6
NLR VanEck Uranium+Nuclear Energy ETF 0.4 61 14 4.5 -3.7
VEA Vanguard FTSE Developed Markets ETF 0.4 5 70 7.0 -1.2
GSID Goldman Sachs MarketBeta International Equity ETF 0.4 20 55 6.7 -1.6
MOTG VanEck Morningstar Global Wide Moat ETF 0.4 52 23 5.8 -2.5
FDEV Fidelity International Multifactor ETF 0.4 18 57 7.5 -0.7
IXP iShares Global Comm Services ETF 0.4 42 33 5.3 -2.9
HFXI IQ FTSE International Equity Currency Neutral ETF 0.4 20 55 6.8 -1.4
CGGR Capital Group Growth ETF 0.3 39 36 3.5 -4.8
JRNY ALPS Global Travel Beneficiaries ETF 0.3 65 10 0.0 -8.2
SCHC Schwab International Small-Cap Equity ETF 0.3 11 64 6.4 -1.8
EPU iShares MSCI Peru and Global Exposure ETF 0.3 59 16 5.5 -2.8
BKIE BNY Mellon International Equity ETF 0.3 4 71 6.9 -1.4
BNE Blue Horizon BNE ETF 0.3 87 -12 5.0 -3.3
SMIN iShares MSCI India Small Cap ETF 0.3 79 -4 4.3 -4.0
SUPL ProShares Supply Chain Logistics ETF 0.3 58 17 13.1 +4.9
MOO VanEck Agribusiness ETF 0.3 53 22 9.4 +1.2
DIVI Franklin International Core Dividend Tilt Index ETF 0.3 9 66 8.0 -0.2
FNDF Schwab Fundamental International Large Co. Index ETF 0.3 25 50 9.1 +0.9
SDIV Global X Superdividend ETF 0.3 58 17 17.6 +9.4
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.3 45 30 8.5 +0.2
ION ProShares S&P Global Core Battery Metals ETF 0.3 58 17 11.6 +3.4
ICLN iShares Global Clean Energy ETF 0.3 41 34 4.3 -3.9
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.3 30 45 6.8 -1.4
CLNR IQ Cleaner Transport ETF 0.3 45 30 8.3 +0.0
EWX SPDR S&P Emerging Markets Small Cap ETF 0.3 65 10 7.7 -0.6
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.2 39 36 7.3 -0.9
DFGR Dimensional Global Real Estate ETF 0.2 22 53 7.1 -1.2
WRND IQ Global Equity R&D Leaders ETF 0.2 18 57 7.2 -1.1
REET iShares Global REIT ETF 0.2 14 61 7.1 -1.1
DWM WisdomTree International Equity Fund 0.2 48 27 7.8 -0.4
DOL WisdomTree International LargeCap Dividend Fund 0.2 48 27 7.7 -0.5
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.2 40 35 7.8 -0.4
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.2 65 10 12.8 +4.6
IDOG ALPS International Sector Dividend Dogs ETF 0.2 50 25 11.6 +3.4
FDD First Trust Stoxx European Select Dividend Index Fund 0.2 58 17 12.9 +4.7
USVT US Value ETF 0.2 49 26 11.3 +3.1
CZA Invesco Zacks Mid-Cap ETF 0.2 72 3 6.3 -1.9
MVPS Amplify Thematic All-Stars ETF 0.2 49 26 1.7 -6.6
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.2 72 3 2.2 -6.1
DMAT Global X Disruptive Materials ETF 0.2 59 16 9.9 +1.7
EXI iShares Global Industrials ETF 0.2 42 33 4.7 -3.6
AVRE Avantis Real Estate ETF 0.2 17 58 6.6 -1.6
BPAY BlackRock Future Financial and Technology ETF 0.2 70 5 8.3 +0.1
SLVP iShares MSCI Global Silver Miners ETF 0.2 39 36 3.8 -4.4
BLDG Cambria Global Real Estate ETF 0.2 60 15 9.4 +1.2
EWZS iShares MSCI Brazil Small-Cap ETF 0.2 59 16 8.2 -0.0
GOEX Global X Gold Explorers ETF 0.2 65 10 4.9 -3.3
CTEC Global X CleanTech ETF 0.2 50 25 1.0 -7.3
ECNS iShares MSCI China Small-Cap ETF 0.2 59 16 14.2 +5.9
FIXT Procure Disaster Recovery Strategy ETF 0.2 75 0 5.7 -2.6
KGRN KraneShares MSCI China Clean Technology Index ETF 0.2 79 -4 6.5 -1.8
SMOG VanEck Low Carbon Energy ETF 0.2 61 14 3.0 -5.2
DFIV Dimensional International Value ETF 0.2 27 48 9.8 +1.6
DIM WisdomTree International MidCap Dividend Fund 0.2 58 17 7.7 -0.6
ARKF ARK Fintech Innovation ETF 0.2 75 0 -2.2 -10.5
EMFQ Amplify Emerging Markets FinTech ETF 0.2 69 6 5.4 -2.8
IPAC iShares Core MSCI Pacific ETF 0.2 9 66 6.7 -1.6
VPL Vanguard FTSE Pacific ETF 0.2 8 67 7.0 -1.3
JIRE JPMorgan International Research Enhanced Equity ETF 0.2 24 51 6.7 -1.5
SRET Global X SuperDividend REIT ETF 0.2 59 16 10.1 +1.9
RNRG Global X Renewable Energy Producers ETF 0.1 66 9 4.9 -3.3
BLLD JPMorgan Sustainable Infrastructure ETF 0.1 49 26 6.2 -2.0
AQWA Global X Clean Water ETF 0.1 50 25 4.3 -3.9
ESGD iShares ESG Aware MSCI EAFE ETF 0.1 20 55 6.3 -1.9
PIO Invesco Global Water ETF 0.1 75 0 4.9 -3.3
EFRA iShares Environmental Infrastructure and Industrials ETF 0.1 47 28 5.2 -3.0
EFV iShares MSCI EAFE Value ETF 0.1 34 41 9.1 +0.9
DMXF iShares ESG Advanced MSCI EAFE ETF 0.1 12 63 5.4 -2.8
JPIN J.P. Morgan Diversified Return International Equity ETF 0.1 37 38 8.7 +0.5
IVLU iShares MSCI Intl Value Factor ETF 0.1 30 45 10.6 +2.4
IPOS Renaissance International IPO ETF 0.1 80 -5 -168.9 -177.1
BJK VanEck Gaming ETF 0.1 65 10 1.8 -6.4
ISZE iShares MSCI Intl Size Factor ETF 0.1 30 45 6.6 -1.7
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.1 14 61 6.2 -2.1
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.1 25 50 7.4 -0.8
SETM Sprott Energy Transition Materials ETF 0.1 65 10 5.3 -2.9
COPX Global X Copper Miners ETF 0.1 65 10 6.9 -1.3
AVIV Avantis International Large Cap Value ETF 0.1 25 50 8.9 +0.7
ERUS iShares MSCI Russia ETF 0.1 8 67 11.3 +3.0
AVDE Avantis International Equity ETF 0.1 23 52 7.9 -0.4
VYM Vanguard High Dividend Yield Index ETF 0.1 6 69 7.3 -0.9
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 45 6.1 -2.2
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.1 35 40 6.4 -1.8
OCEN IQ Clean Oceans ETF 0.1 45 30 5.3 -2.9
IPKW Invesco International BuyBack Achievers ETF 0.1 55 20 9.1 +0.8
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.1 20 55 6.3 -2.0
OGIG ALPS O'Shares Global Internet Giants ETF 0.1 48 27 0.5 -7.8
IBUY Amplify Online Retail ETF 0.1 65 10 1.8 -6.5
HERO Global X Video Games & Esports ETF 0.1 50 25 5.1 -3.2
GGME Invesco Next Gen Media and Gaming ETF 0.1 60 15 4.1 -4.1
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.1 75 0 5.2 -3.0
NERD Roundhill Video Games ETF 0.1 50 25 8.0 -0.2
ODDS Pacer BlueStar Digital Entertainment ETF 0.1 60 15 3.0 -5.2
ESPO VanEck Video Gaming and eSports ETF 0.1 56 19 4.5 -3.7
CARZ First Trust NASDAQ Global Auto Index Fund 0.1 70 5 3.5 -4.8
EFA iShares MSCI EAFE ETF 0.1 35 40 6.4 -1.9
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.1 45 30 4.9 -3.3
NIKL Sprott Nickel Miners ETF 0.1 75 0 7.5 -0.8
BATT Amplify Lithium & Battery Technology ETF 0.1 59 16 2.9 -5.3
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 0 4.7 -3.5
INTF iShares International Equity Factor ETF 0.1 15 60 7.8 -0.4
SPDW SPDR Portfolio Developed World ex-US ETF 0.1 3 72 6.9 -1.3
IDEV iShares Core MSCI International Developed Markets ETF 0.1 4 71 6.7 -1.5
IEFA iShares Core MSCI EAFE ETF 0.1 7 68 2.7 -5.5
GDVD R3 Global Dividend Growth ETF 0.1 88 -13 5.8 -2.4
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.1 36 39 6.4 -1.8
GDXJ VanEck Junior Gold Miners ETF 0.1 52 23 4.8 -3.4
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 50 7.1 -1.1
DFAI Dimensional International Core Equity Market ETF 0.1 18 57 6.9 -1.3
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 36 7.3 -1.0
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 33 5.1 -3.1
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 51 6.2 -2.0
JHMD John Hancock Multifactor Developed International ETF 0.0 39 36 7.4 -0.8
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 50 7.1 -1.1
SHLD Global X Defense Tech ETF 0.0 50 25 4.8 -3.4
FTAG First Trust Indxx Global Agriculture ETF 0.0 70 5 9.1 +0.9
RXI iShares Global Consumer Discretionary ETF 0.0 41 34 5.5 -2.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 36 7.6 -0.6
DFIC Dimensional International Core Equity 2 ETF 0.0 23 52 7.4 -0.8
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 66 5.1 -3.2
URTH iShares MSCI World ETF 0.0 24 51 5.4 -2.8
TOK iShares MSCI Kokusai ETF 0.0 26 49 5.3 -3.0
KOKU Xtrackers MSCI Kokusai Equity ETF 0.0 9 66 5.5 -2.8
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.0 20 55 6.9 -1.3
NANC Unusual Whales Subversive Democratic Trading ETF 0.0 75 0 3.8 -4.5
VRAI Virtus Real Asset Income ETF 0.0 55 20 8.6 +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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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:		 First Trust Emerging Markets Equity Select ETF
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 12.4 %
Divided by: Fwd. P/BV 1.4 x
Less: Expense ratio 75 bp
Equals: ALTAR Score 8.2 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.52 CATEGORY
AVERAGE		 1.39
 
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.