SPDR Dow Jones International Real Estate ETF
ALTAR
Score™		 7.0% info Recommen-
dation		 OVERWEIGHT
2025E    2026E
P/E
ratio		 12.5x P/Sales
ratio		 5.3x
P/BV
ratio		 0.9x Div.
yield		 5.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
SPDR DJ Wilshire International Real Estate ETF objective is to track as closely as possible, before fees and expenses, the total performance of the Dow Jones Wilshire Ex-US Real Estate Securit

FUND BASICS
Category International Equities
Fund Sponsor SSGA Funds Management Inc
Website www.spdrs.com
Inception date Dec 15, 2006
Assets (mns) $268
Currency USD
Expense ratio 59 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian State Street Bank & Trust
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 115
Wgt avg mkt cap (mns) $8,249
Large cap (>$10bn) 18.4%
Mid cap ($2-10bn) 64.2%
Small cap (<$2bn) 17.4%
Developed mkts 95.7%
Emerging mkts 4.3%

TOP TEN HOLDINGS
MITSUI FUDOSAN CO LTD 5.9 %
UNIBAIL-RODAMCO-WESTFIELD STAPLED 3.2 %
SCENTRE GROUP 3.1 %
SEGRO PLC 2.9 %
SWISS PRIME SITE-REG 2.9 %
LINK REIT 2.9 %
CAPITAMALL TRUST 2.3 %
KLEPIERRE 2.0 %
ASCENDAS REAL ESTATE INV TRT 1.9 %
PSP SWISS PROPERTY AG-REG 1.9 %
Total 29.0 %

TOP COUNTRY EXPOSURE
JAPAN 26.5 %
BRITAIN 12.0 %
SINGAPORE 9.9 %
AUSTRALIA 7.8 %
SWITZERLAND 5.2 %
HONG KONG 5.0 %
SWEDEN 3.9 %
FRANCE 3.8 %
ISRAEL 3.5 %
NETHERLANDS 3.2 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-0.6% 6.8% -1.8% 0.8% 0.7%

Market Correlations
versus... Beta R-squared
S&P500 0.62 31%
MSCI EAFE 0.71 65%
MSCI Emg. Mkts. 0.43 42%

Technical Indicators
Recent close $27.66
30d moving avg. $27.50
Annualized volatility 17.7%
Short interest (ETF) 0.4%
Relative strength (RSI) 50

Liquidity measures
Avg. volume (thou.) 54
Turnover 0.6%
Bid/Ask (% of price) 0.73%
ADV underlying (mns) $797

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 292 potential alternatives to the SPDR Dow Jones International Real Estate ETF ETF based on the alternatives' overlap in portfolio holdings with RWX. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: RWX Expense: 59 bp ALTAR Score™: 7.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH RWX
Ticker Fund
Name		 Overlap1
vs RWX
(%)		 Expense
ratio
(bp)		 Savings
vs RWX
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs RWX
(%)
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 42.6 10 49 8.4 +1.3
VNQI Vanguard Global ex-U.S. Real Estate ETF 40.3 12 47 8.4 +1.4
RWO SPDR Dow Jones Global Real Estate ETF 25.4 50 9 6.1 -0.9
VGSR Vert Global Sustainable Real Estate ETF 22.3 47 12 6.8 -0.2
ERET iShares Environmentally Aware Real Estate ETF 21.3 30 29 6.7 -0.4
AVRE Avantis Real Estate ETF 17.6 17 42 6.7 -0.4
REET iShares Global REIT ETF 17.0 14 45 6.8 -0.3
DFGR Dimensional Global Real Estate ETF 15.8 22 37 6.8 -0.2
DTRE First Trust Alerian Disruptive Technology Real Estate ETF 14.3 60 -1 5.4 -1.7
ERTH Invesco MSCI Sustainable Future ETF 13.7 62 -3 3.0 -4.0
WTRE WisdomTree New Economy Real Estate Fund 13.3 58 1 -0.3 -7.4
INDS Pacer Industrial Real Estate ETF 12.6 55 4 6.0 -1.1
GQRE FlexShares Global Quality Real Estate Index Fund 12.4 45 14 7.1 +0.1
IDLV Invesco S&P International Developed Low Volatility ETF 12.1 25 34 6.3 -0.8
IQRA IQ CBRE Real Assets ETF 9.9 65 -6 5.8 -1.3
JIVE JPMorgan International Value ETF 9.3 55 4 8.1 +1.1
DWX SPDR S&P International Dividend ETF 8.2 45 14 6.6 -0.4
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 7.3 80 -21 5.4 -1.6
EFAS Global X MSCI SuperDividend EAFE ETF 7.1 57 2 7.2 +0.2
EWUS iShares MSCI United Kingdom Small Cap ETF 7.0 59 0 7.2 +0.2
FID First Trust S&P International Dividend Aristocrats ETF 6.1 60 -1 7.7 +0.6
SCZ iShares MSCI EAFE Small-Cap ETF 5.5 40 19 6.0 -1.0
SCJ iShares MSCI Japan Small-Cap ETF 5.5 50 9 5.5 -1.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 5.4 49 10 5.9 -1.1
JPIN J.P. Morgan Diversified Return International Equity ETF 5.4 37 22 7.0 -0.1
WDIV SPDR S&P Global Dividend ETF 5.1 40 19 8.9 +1.9
DIM WisdomTree International MidCap Dividend Fund 4.9 58 1 6.2 -0.9
FKU First Trust United Kingdom AlphaDEX Fund 4.9 80 -21 7.1 +0.0
IEUS iShares MSCI Europe Small-Cap ETF 4.9 42 17 6.6 -0.4
REAI Intelligent Real Estate ETF 4.9 59 0 5.5 -1.5
FEP First Trust Europe AlphaDEX Fund 4.6 80 -21 6.6 -0.4
FIDI Fidelity International High Dividend ETF 4.5 18 41 7.1 +0.1
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 4.4 12 47 5.2 -1.9
ADIV SmartETFs Asia Pacific Dividend Builder ETF 4.2 78 -19 9.4 +2.4
EWS iShares MSCI Singapore ETF 4.2 50 9 4.1 -2.9
FNDC Schwab Fundamental International Small Co. Index ETF 4.1 39 20 6.7 -0.4
EWH iShares MSCI Hong Kong ETF 4.0 50 9 5.4 -1.7
FEUZ First Trust Eurozone AlphaDEX ETF 4.0 80 -21 6.2 -0.8
SRET Global X SuperDividend REIT ETF 3.9 59 0 12.5 +5.4
FDT First Trust Developed Markets ex-US AlphaDEX Fund 3.9 80 -21 6.4 -0.6
RCGE RockCreek Global Equality ETF 3.8 95 -36 6.0 -1.0
ISCF iShares International SmallCap Equity Factor ETF 3.7 23 36 7.2 +0.1
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 3.7 24 35 6.8 -0.2
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 3.5 32 27 5.3 -1.7
EIS iShares MSCI Israel ETF 3.5 58 1 6.1 -0.9
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 3.5 80 -21 6.4 -0.6
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 3.2 19 40 5.4 -1.7
DWMF WisdomTree International Multifactor Fund 3.1 38 21 6.7 -0.4
SCHC Schwab International Small-Cap Equity ETF 3.1 11 48 6.5 -0.5
RAYJ Rayliant SMDAM Japan Equity ETF 3.0 72 -13 3.0 -4.1
EWW iShares MSCI Mexico ETF 3.0 50 9 8.0 +1.0
FLMX Franklin FTSE Mexico ETF 3.0 19 40 8.4 +1.4
SDG iShares MSCI Global Sustainable Development Goals ETF 2.9 49 10 4.5 -2.6
JHID John Hancock International High Dividend ETF 2.9 46 13 7.7 +0.7
EWK iShares MSCI Belgium ETF 2.7 50 9 3.7 -3.3
GVAL Cambria Global Value ETF 2.7 68 -9 8.6 +1.5
EPP iShares MSCI Pacific ex-Japan ETF 2.5 47 12 5.0 -2.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 2.4 12 47 4.4 -2.6
DTH WisdomTree International High Dividend Fund 2.4 58 1 7.2 +0.2
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 2.3 8 51 6.2 -0.8
ISRA VanEck Israel ETF 2.3 59 0 5.7 -1.3
EFAD ProShares MSCI EAFE Dividend Growers ETF 2.3 50 9 5.7 -1.4
FLN First Trust Latin America AlphaDEX Fund 2.2 80 -21 9.9 +2.9
AIVI WisdomTree International AI Enhanced Value Fund 2.2 58 1 6.2 -0.9
FLLA Franklin FTSE Latin America ETF 2.2 19 40 10.5 +3.5
IPAC iShares Core MSCI Pacific ETF 2.1 9 50 5.4 -1.6
RODM Hartford Multifactor Developed Markets (ex-US) ETF 2.0 29 30 6.9 -0.2
WSML iShares MSCI World Small-Cap ETF 2.0 15 44 5.2 -1.8
BYRE Principal Real Estate Active Opportunities ETF 2.0 65 -6 6.8 -0.2
FLAU Franklin FTSE Australia ETF 2.0 9 50 5.7 -1.3
EUDV ProShares MSCI Europe Dividend Growers ETF 1.9 55 4 5.6 -1.4
BKCI BNY Mellon Concentrated International ETF 1.9 80 -21 4.8 -2.3
FSZ First Trust Switzerland AlphaDEX Fund 1.9 80 -21 5.1 -2.0
ASEA Global X FTSE Southeast Asia ETF 1.8 65 -6 5.4 -1.6
FLJH Franklin FTSE Japan Hedged ETF 1.8 9 50 5.0 -2.0
FLJP Franklin FTSE Japan ETF 1.8 9 50 5.3 -1.8
BLDG Cambria Global Real Estate ETF 1.8 60 -1 10.7 +3.7
EFAV iShares MSCI EAFE Min Vol Factor ETF 1.8 22 37 5.7 -1.4
VPL Vanguard FTSE Pacific ETF 1.7 7 52 5.0 -2.0
GWX SPDR S&P International Small Cap ETF 1.7 40 19 5.7 -1.3
IQDF FlexShares International Quality Dividend Index Fund 1.6 47 12 7.3 +0.2
FGM First Trust Germany AlphaDEX Fund 1.6 80 -21 4.9 -2.1
RITA ETFB Green SRI REITs ETF 1.5 50 9 5.4 -1.6
DMXF iShares ESG Advanced MSCI EAFE ETF 1.5 12 47 4.8 -2.2
EFV iShares MSCI EAFE Value ETF 1.5 34 25 7.4 +0.4
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 1.5 58 1 7.3 +0.3
IEFA iShares Core MSCI EAFE ETF 1.5 7 52 5.9 -1.1
INTF iShares International Equity Factor ETF 1.5 15 44 6.4 -0.7
EWA iShares MSCI Australia ETF 1.4 50 9 5.2 -1.8
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 1.4 80 -21 8.9 +1.8
IDEV iShares Core MSCI International Developed Markets ETF 1.4 4 55 5.9 -1.1
DLS WisdomTree International SmallCap Dividend Fund 1.3 58 1 7.3 +0.3
EWJV iShares MSCI Japan Value ETF 1.3 15 44 6.8 -0.2
HFXI IQ FTSE International Equity Currency Neutral ETF 1.3 20 39 5.5 -1.6
EWQ iShares MSCI France ETF 1.3 53 6 6.3 -0.7
IQSI IQ Candriam International Equity ETF 1.3 15 44 5.4 -1.6
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 1.3 39 20 6.1 -1.0
FLSW Franklin FTSE Switzerland ETF 1.3 9 50 5.6 -1.4
VEA Vanguard FTSE Developed Markets ETF 1.3 3 56 5.8 -1.3
DWM WisdomTree International Equity Fund 1.2 48 11 5.5 -1.5
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 1.2 40 19 5.6 -1.5
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 1.2 58 1 8.1 +1.1
VSGX Vanguard ESG International Stock ETF 1.2 10 49 6.4 -0.7
UEVM VictoryShares Emerging Markets Value Momentum ETF 1.2 45 14 9.4 +2.4
DISV Dimensional International Small Cap Value ETF 1.1 42 17 8.0 +0.9
IMOM Alpha Architect International Quantitative Momentum ETF 1.1 49 10 4.1 -3.0
SPDW SPDR Portfolio Developed World ex-US ETF 1.1 3 56 5.7 -1.4
ESGD iShares ESG Aware MSCI EAFE ETF 1.1 20 39 5.6 -1.4
LVHI Franklin International Low Volatility High Dividend Index ET 1.1 40 19 7.5 +0.5
DFIS Dimensional International Small Cap ETF 1.0 39 20 6.0 -1.0
EWD iShares MSCI Sweden ETF 1.0 54 5 5.0 -2.0
FDEM Fidelity Emerging Markets Multifactor ETF 1.0 25 34 9.9 +2.9
SDEM Global X MSCI SuperDividend Emerging Markets ETF 1.0 67 -8 12.4 +5.4
BINV Brandes International ETF 1.0 70 -11 8.4 +1.4
EELV Invesco S&P Emerging Markets Low Volatility ETF 1.0 29 30 8.6 +1.6
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 1.0 39 20 6.9 -0.2
SCHF Schwab International Equity ETF 1.0 6 53 5.8 -1.3
FEM First Trust Emerging Markets AlphaDEX Fund 1.0 80 -21 8.7 +1.7
VXUS Vanguard Total International Stock ETF 1.0 5 54 6.5 -0.6
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 1.0 45 14 6.6 -0.5
IEUR iShares Core MSCI Europe ETF 1.0 11 48 6.2 -0.8
VGK Vanguard FTSE Europe ETF 1.0 6 53 6.4 -0.6
RFDI First Trust Riverfront Dynamic Developed International ETF 1.0 83 -24 7.5 +0.4
GSID Goldman Sachs MarketBeta International Equity ETF 1.0 20 39 5.7 -1.3
IXUS iShares Core MSCI Total International Stock ETF 1.0 7 52 6.4 -0.7
BBJP JPMorgan BetaBuilders Japan ETF 1.0 19 40 5.2 -1.8
NUDM Nuveen ESG International Developed Markets Equity ETF 0.9 31 28 5.4 -1.6
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 0.9 90 -31 3.5 -3.6
EWL iShares MSCI Switzerland ETF 0.9 50 9 5.4 -1.6
SPEU SPDR Portfolio Europe ETF 0.9 7 52 6.3 -0.7
XC WisdomTree Emerging Markets Ex-China Fund 0.9 32 27 6.4 -0.6
PPIE Putnam PanAgora ESG International Equity ETF 0.9 49 10 6.2 -0.8
BKIE BNY Mellon International Equity ETF 0.9 4 55 5.9 -1.2
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.8 30 29 6.1 -1.0
VEU Vanguard FTSE All-World ex-US Index Fund 0.8 4 55 6.5 -0.5
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.8 20 39 5.5 -1.5
SRVR Pacer Data & Infrastructure Real Estate ETF 0.8 55 4 3.8 -3.3
DTCR Global X Data Center & Digital Infrastructure ETF 0.8 50 9 3.1 -3.9
DBJP Xtrackers MSCI Japan Hedged Equity ETF 0.8 47 12 4.5 -2.5
FDD First Trust Stoxx European Select Dividend Index Fund 0.8 58 1 9.4 +2.4
KOCG FIS Knights of Columbus Global Belief ETF 0.8 75 -16 4.5 -2.6
EFA iShares MSCI EAFE ETF 0.8 35 24 5.6 -1.4
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.8 36 23 5.2 -1.8
AVSD Avantis Responsible International Equity ETF 0.8 23 36 5.9 -1.1
HEFA iShares Currency Hedged MSCI EAFE ETF 0.7 35 24 5.6 -1.4
EDIV SPDR S&P Emerging Markets Dividend ETF 0.7 49 10 8.8 +1.8
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.7 14 45 5.2 -1.9
FENI Fidelity Enhanced International ETF 0.7 28 31 5.7 -1.4
ILF iShares Latin America 40 ETF 0.7 48 11 9.5 +2.4
FLGB Franklin FTSE United Kingdom ETF 0.7 9 50 6.7 -0.3
JHMD John Hancock Multifactor Developed International ETF 0.7 39 20 6.1 -1.0
ECH iShares MSCI Chile ETF 0.7 58 1 7.2 +0.2
FRDM Freedom 100 Emerging Markets ETF 0.7 49 10 5.0 -2.1
JPXN iShares JPX-Nikkei 400 ETF 0.7 48 11 5.3 -1.7
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.7 25 34 6.1 -1.0
FLEE Franklin FTSE Europe ETF 0.7 9 50 6.1 -0.9
FIVA Fidelity International Value Factor ETF 0.7 18 41 7.1 +0.0
EMM Global X Emerging Markets ex-China ETF 0.7 75 -16 4.5 -2.6
EWJ iShares MSCI Japan ETF 0.7 50 9 4.8 -2.2
HEWJ iShares Currency Hedged MSCI Japan ETF 0.7 50 9 5.3 -1.8
UIVM VictoryShares International Value Momentum ETF 0.6 35 24 8.0 +1.0
FLAX Franklin FTSE Asia Ex Japan ETF 0.6 19 40 6.8 -0.2
DVYA iShares Asia/Pacific Dividend ETF 0.6 49 10 6.9 -0.1
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.6 56 3 9.5 +2.5
AVDS Avantis International Small Cap Equity ETF 0.6 30 29 6.0 -1.1
THD iShares MSCI Thailand ETF 0.6 58 1 0.0 -7.0
IDMO Invesco S&P International Developed Momentum ETF 0.6 25 34 5.1 -1.9
IQLT iShares MSCI Intl Quality Factor ETF 0.6 30 29 5.3 -1.7
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.6 25 34 6.2 -0.9
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.6 18 41 6.2 -0.8
EWU iShares MSCI United Kingdom ETF 0.6 50 9 7.1 +0.1
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.6 45 14 5.4 -1.6
AVDE Avantis International Equity ETF 0.6 23 36 6.2 -0.9
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.6 70 -11 6.2 -0.8
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 0.6 25 34 5.4 -1.6
ROAM Hartford Multifactor Emerging Markets ETF 0.6 44 15 7.3 +0.2
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.5 41 18 5.8 -1.2
DFSI Dimensional International Sustainability Core 1 ETF 0.5 24 35 5.6 -1.5
TPIF Timothy Plan International ETF 0.5 62 -3 5.5 -1.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.5 20 39 4.7 -2.4
DEM WisdomTree Emerging Markets High Dividend Fund 0.5 63 -4 9.9 +2.9
FEOE First Eagle Overseas Equity ETF 0.5 79 -20 6.1 -0.9
EWZS iShares MSCI Brazil Small-Cap ETF 0.5 59 0 11.6 +4.5
WWJD Inspire International ETF 0.5 80 -21 6.2 -0.8
ACWX iShares MSCI ACWI ex U.S. ETF 0.5 34 25 6.2 -0.9
DEW WisdomTree Global High Dividend Fund 0.5 58 1 7.1 +0.1
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.5 42 17 7.3 +0.3
AGNG Global X Aging Population ETF 0.5 50 9 4.3 -2.7
GLOF iShares Global Equity Factor ETF 0.5 20 39 5.5 -1.6
AVIV Avantis International Large Cap Value ETF 0.5 25 34 6.9 -0.2
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 0.5 44 15 9.3 +2.3
FRGN Horizon International Equity ETF 0.5 75 -16 7.5 +0.5
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.5 46 13 5.4 -1.7
DFIC Dimensional International Core Equity 2 ETF 0.4 23 36 6.1 -0.9
IEV iShares Europe ETF 0.4 67 -8 5.7 -1.3
IVLU iShares MSCI Intl Value Factor ETF 0.4 30 29 7.9 +0.8
KLMT Invesco MSCI Global Climate 500 ETF 0.4 10 49 4.9 -2.1
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 0.4 25 34 5.9 -1.2
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 0.4 32 27 4.6 -2.4
DFAI Dimensional International Core Equity Market ETF 0.4 18 41 5.9 -1.1
EZU iShares MSCI Eurozone ETF 0.4 52 7 5.4 -1.6
HEZU iShares Currency Hedged MSCI Eurozone ETF 0.4 53 6 5.3 -1.8
FLBR Franklin FTSE Brazil ETF 0.4 19 40 11.9 +4.9
BRAZ Global X Brazil Active ETF 0.4 75 -16 10.5 +3.5
VT Vanguard Total World Stock ETF 0.4 6 53 4.9 -2.1
EFNL iShares MSCI Finland ETF 0.4 56 3 5.4 -1.6
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.4 20 39 5.6 -1.5
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.3 70 -11 6.6 -0.5
CWI SPDR MSCI ACWI ex-US ETF 0.3 30 29 6.3 -0.7
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 0.3 88 -29 7.5 +0.5
XCEM Columbia EM Core ex-China ETF 0.3 16 43 4.7 -2.4
DFE WisdomTree Europe SmallCap Dividend Fund 0.3 58 1 7.4 +0.4
DIVI Franklin International Core Dividend Tilt Index ETF 0.3 9 50 6.4 -0.6
RNEM First Trust Emerging Markets Equity Select ETF 0.3 75 -16 7.9 +0.9
VIGI Vanguard International Dividend Appreciation ETF 0.3 10 49 6.0 -1.0
IMFL Invesco International Developed Dynamic Multifactor ETF 0.3 34 25 5.0 -2.0
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.3 35 24 5.6 -1.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.3 30 29 6.2 -0.8
IMTM iShares MSCI Intl Momentum Factor ETF 0.3 30 29 4.5 -2.5
VEXC Vanguard Emerging Markets Ex-China ETF 0.3 7 52 5.6 -1.5
ESGG FlexShares STOXX Global ESG Select Index Fund 0.3 42 17 4.0 -3.0
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.3 32 27 7.1 +0.1
FLGR Franklin FTSE Germany ETF 0.3 9 50 6.5 -0.5
DFIV Dimensional International Value ETF 0.3 27 32 7.7 +0.6
XCNY SPDR S&P Emerging Markets ex-China ETF 0.2 15 44 5.5 -1.5
SCHE Schwab Emerging Markets Equity ETF 0.2 11 48 9.3 +2.2
BLES Inspire Global Hope ETF 0.2 61 -2 5.7 -1.4
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.2 24 35 5.0 -2.1
FJP First Trust Japan AlphaDEX Fund 0.2 80 -21 7.4 +0.4
FLSA Franklin FTSE Saudi Arabia ETF 0.2 39 20 0.0 -7.0
KSA iShares MSCI Saudi Arabia ETF 0.2 74 -15 0.0 -7.0
ANEW ProShares MSCI Transformational Changes ETF 0.2 45 14 4.4 -2.6
DXIV Dimensional International Vector Equity ETF 0.2 34 25 6.5 -0.6
AVXC Avantis Emerging Markets Ex-China Equity ETF 0.2 33 26 5.8 -1.2
AFK VanEck Africa Index ETF 0.2 98 -39 10.9 +3.9
LDEM iShares ESG MSCI EM Leaders ETF 0.2 17 42 12.3 +5.3
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.2 15 44 8.5 +1.5
IPKW Invesco International BuyBack Achievers ETF 0.2 55 4 8.1 +1.1
VWO Vanguard FTSE Emerging Markets ETF 0.2 7 52 9.0 +1.9
BBEU JPMorgan BetaBuilders Europe ETF 0.2 9 50 6.1 -1.0
URTH iShares MSCI World ETF 0.2 24 35 4.3 -2.8
IEMG iShares Core MSCI Emerging Markets ETF 0.2 9 50 7.8 +0.8
CIL VictoryShares International Volatility Wtd ETF 0.2 45 14 5.8 -1.2
SCHY Schwab International Dividend Equity ETF 0.2 14 45 8.2 +1.2
ACWI iShares MSCI ACWI ETF 0.2 32 27 4.6 -2.4
PXH Invesco FTSE RAFI Emerging Markets ETF 0.2 49 10 13.1 +6.1
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.2 30 29 7.3 +0.3
DOL WisdomTree International LargeCap Dividend Fund 0.2 48 11 5.5 -1.5
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 50 4.4 -2.7
STXI Strive International Developed Markets ETF 0.2 29 30 6.2 -0.8
EMXC iShares MSCI Emerging Markets ex China ETF 0.2 25 34 4.8 -2.3
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.2 25 34 5.4 -1.6
JIRE JPMorgan International Research Enhanced Equity ETF 0.2 24 35 5.7 -1.3
TOK iShares MSCI Kokusai ETF 0.1 26 33 4.2 -2.8
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 0.1 30 29 7.6 +0.6
AVSE Avantis Responsible Emerging Markets Equity ETF 0.1 33 26 6.3 -0.7
BKEM BNY Mellon Emerging Markets Equity ETF 0.1 11 48 7.5 +0.5
AVEM Avantis Emerging Markets Equity ETF 0.1 33 26 6.7 -0.3
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.1 36 23 7.3 +0.3
EMXF iShares ESG Advanced MSCI EM ETF 0.1 16 43 6.4 -0.6
VYMI Vanguard International High Dividend Yield ETF 0.1 17 42 7.9 +0.8
BRF VanEck Brazil Small-Cap ETF 0.1 66 -7 11.0 +3.9
IGRO iShares International Dividend Growth ETF 0.1 15 44 6.6 -0.4
FNDF Schwab Fundamental International Large Co. Index ETF 0.1 25 34 7.2 +0.2
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.1 66 -7 6.8 -0.2
JHEM John Hancock Multifactor Emerging Markets ETF 0.1 49 10 7.2 +0.2
EEM iShares MSCI Emerging Markets ETF 0.1 69 -10 7.4 +0.4
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 0.1 69 -10 7.1 +0.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 50 4.8 -2.2
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.1 59 0 8.1 +1.1
DEXC Dimensional Emerging Markets ex China Core EquityETF 0.1 53 6 4.8 -2.3
DFJ WisdomTree Japan SmallCap Dividend Fund 0.1 58 1 6.6 -0.5
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 12 4.9 -2.1
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 29 5.2 -1.9
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.1 15 44 7.6 +0.6
SPEM SPDR Portfolio Emerging Markets ETF 0.1 7 52 9.2 +2.2
IGPT Invesco AI and Next Gen Software ETF 0.1 60 -1 2.2 -4.9
AVES Avantis Emerging Markets Value ETF 0.1 36 23 8.6 +1.6
DFAE Dimensional Emerging Core Equity Market ETF 0.1 35 24 6.6 -0.4
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.1 41 18 6.6 -0.5
EEMO Invesco S&P Emerging Markets Momentum ETF 0.1 29 30 6.0 -1.0
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.1 45 14 7.7 +0.7
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.1 38 21 6.7 -0.4
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.1 33 26 6.4 -0.6
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 -6 6.3 -0.7
GLBL Pacer MSCI World Industry Advantage ETF 0.1 65 -6 3.4 -3.7
EEMA iShares MSCI Emerging Markets Asia ETF 0.1 49 10 7.2 +0.2
AVDV Avantis International Small Cap Value ETF 0.1 36 23 7.7 +0.6
ACWV iShares MSCI Global Min Vol Factor ETF 0.0 20 39 5.7 -1.4
EFG iShares MSCI EAFE Growth ETF 0.0 36 23 3.7 -3.4
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.0 50 9 7.8 +0.8
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.0 42 17 3.9 -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

  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:		 SPDR Dow Jones International Real Estate ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 6.5 %
Divided by: Fwd. P/BV 0.9 x
Less: Expense ratio 59 bp
Equals: ALTAR Score 7.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.65 CATEGORY
AVERAGE		 1.64
 
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.