Global X MSCI SuperDividend Emerging Markets ETF
ALTAR
Score™		 14.8% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 9.1x P/Sales
ratio		 0.9x
P/BV
ratio		 0.9x Div.
yield		 5.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Global X SuperDividend Emerging Markets ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx SuperDividend Emerging Markets Index.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Global X ETFs/USA
Website www.globalxfunds.com
Inception date Mar 16, 2015
Assets (mns) $40
Currency USD
Expense ratio 67 bp
Distributions Monthly

FUND STRUCTURE
Regulation Open-End Investment Company
Custodian Brown Brothers Harriman & Co
Weighting Equal
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 54
Wgt avg mkt cap (mns) $48,544
Large cap (>$10bn) 39.9%
Mid cap ($2-10bn) 57.7%
Small cap (<$2bn) 0.6%
Developed mkts 8.3%
Emerging mkts 91.7%

TOP TEN HOLDINGS
CHINA HONGQIAO GROUP LTD 3.5 %
GRUPO CIBEST SA 2.6 %
CHOW TAI FOOK JEWELLERY GROU 2.6 %
TUPRAS-TURKIYE PETROL RAFINE 2.6 %
VIBRA ENERGIA SA 2.5 %
PETROCHINA CO LTD-H 2.5 %
TIM SA (BRAZIL) 2.4 %
ABSA GROUP LTD 2.3 %
MONETA MONEY BANK AS 2.3 %
ZHENGZHOU YUTONG BUS CO., LTD. CLA 2.3 %
Total 25.4 %

TOP COUNTRY EXPOSURE
CHINA 21.4 %
BRAZIL 14.8 %
INDONESIA 7.3 %
HONG KONG 6.3 %
COLOMBIA 4.8 %
TAIWAN 4.7 %
CZECH REPUBLIC 4.4 %
THAILAND 3.9 %
POLAND 3.7 %
INDIA 3.6 %

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.
27.5% 26.5% 7.9% 3.3% 2.5%

Market Correlations
versus... Beta R-squared
S&P500 0.58 22%
MSCI EAFE 0.77 50%
MSCI Emg. Mkts. 0.74 54%

Technical Indicators
Recent close $29.80
30d moving avg. $28.78
Annualized volatility 16.0%
Short interest (ETF) 0.6%
Relative strength (RSI) 69

Liquidity measures
Avg. volume (thou.) 9
Turnover 0.7%
Bid/Ask (% of price) 0.26%
ADV underlying (mns) $1,394

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 239 potential alternatives to the Global X MSCI SuperDividend Emerging Markets ETF ETF based on the alternatives' overlap in portfolio holdings with SDEM. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: SDEM Expense: 67 bp ALTAR Score™: 14.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SDEM
Ticker Fund
Name		 Overlap1
vs SDEM
(%)		 Expense
ratio
(bp)		 Savings
vs SDEM
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs SDEM
(%)
DVYE iShares Emerging Markets Dividend ETF 16.5 49 18 18.0 +3.3
ECOW Pacer Emerging Markets Cash Cows 100 ETF 15.6 70 -3 12.0 -2.8
DEM WisdomTree Emerging Markets High Dividend Fund 14.7 63 4 13.0 -1.8
EYLD Cambria Emerging Shareholder Yield ETF 13.0 66 1 11.8 -3.0
FEM First Trust Emerging Markets AlphaDEX Fund 12.2 80 -13 11.7 -3.1
ROAM Hartford Multifactor Emerging Markets ETF 11.9 44 23 11.2 -3.6
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 11.6 39 28 15.6 +0.8
UEVM VictoryShares Emerging Markets Value Momentum ETF 11.2 45 22 10.3 -4.5
EDOG ALPS Emerging Sector Dividend Dogs ETF 10.2 60 7 10.9 -3.9
FLN First Trust Latin America AlphaDEX Fund 9.9 80 -13 11.3 -3.5
GVAL Cambria Global Value ETF 9.9 68 -1 10.7 -4.1
PXH Invesco FTSE RAFI Emerging Markets ETF 9.6 49 18 15.0 +0.3
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 9.5 44 23 10.5 -4.3
EVLU iShares MSCI Emerging Markets Value Factor ETF 9.3 35 32 16.5 +1.7
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 8.3 50 17 10.4 -4.4
FCA First Trust China AlphaDEX Fund 8.2 80 -13 9.2 -5.6
RNEM First Trust Emerging Markets Equity Select ETF 8.2 75 -8 8.5 -6.3
EELV Invesco S&P Emerging Markets Low Volatility ETF 8.0 29 38 9.0 -5.8
ASEA Global X FTSE Southeast Asia ETF 8.0 65 2 6.3 -8.5
IQDF FlexShares International Quality Dividend Index Fund 7.9 47 20 8.6 -6.2
EMMF WisdomTree Emerging Markets Multifactor Fund 7.9 48 19 7.1 -7.7
IQDY FlexShares International Quality Dividend Dynamic Index Fund 7.8 47 20 8.0 -6.8
FXI iShares China Large-Cap ETF 7.6 74 -7 17.0 +2.2
FDEM Fidelity Emerging Markets Multifactor ETF 7.6 25 42 12.2 -2.6
EEMO Invesco S&P Emerging Markets Momentum ETF 7.4 29 38 7.7 -7.1
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 7.3 30 37 8.8 -6.0
FLBR Franklin FTSE Brazil ETF 7.2 19 48 14.0 -0.8
DFEV Dimensional Emerging Markets Value ETF 7.0 43 24 12.1 -2.7
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 6.7 40 27 6.7 -8.1
MEM Matthews Emerging Markets Equity Active ETF 6.6 79 -12 7.5 -7.3
COLO Global X MSCI Colombia ETF 6.5 62 5 21.0 +6.2
RODE Hartford Multifactor Diversified International ETF 6.4 29 38 10.3 -4.4
FLLA Franklin FTSE Latin America ETF 6.4 19 48 12.5 -2.2
EMXF iShares ESG Advanced MSCI EM ETF 6.3 16 51 8.1 -6.7
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 6.2 25 42 6.5 -8.3
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 6.1 45 22 9.7 -5.0
EWZ iShares MSCI Brazil ETF 6.1 58 9 12.3 -2.5
MCHI iShares MSCI China ETF 6.0 59 8 17.0 +2.2
AVES Avantis Emerging Markets Value ETF 6.0 36 31 10.9 -3.9
JHEM John Hancock Multifactor Emerging Markets ETF 5.9 49 18 9.6 -5.2
GSIB Themes Global Systemically Important Banks ETF 5.7 35 32 9.4 -5.4
ECON Columbia Emerging Markets Consumer ETF 5.7 49 18 11.9 -2.9
FLCH Franklin FTSE China ETF 5.7 19 48 15.7 +0.9
GXC SPDR S & P China ETF 5.6 59 8 16.0 +1.3
ADIV SmartETFs Asia Pacific Dividend Builder ETF 5.6 78 -11 9.1 -5.7
JCHI JPMorgan Active China ETF 5.5 65 2 14.7 -0.1
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 5.5 32 35 6.5 -8.3
NUEM Nuveen ESG Emerging Markets Equity ETF 5.5 36 31 7.3 -7.4
MCH Matthews China Active ETF 5.5 79 -12 14.3 -0.5
LDEM iShares ESG MSCI EM Leaders ETF 5.4 17 50 14.0 -0.8
AVEM Avantis Emerging Markets Equity ETF 5.3 33 34 8.3 -6.4
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 5.2 15 52 7.6 -7.2
FTHF First Trust Emerging Markets Human Flourishing ETF 5.1 75 -8 9.4 -5.4
BKF iShares MSCI BIC ETF 5.1 69 -2 13.1 -1.7
XCEM Columbia EM Core ex-China ETF 5.0 16 51 7.8 -7.0
IDX VanEck Indonesia Index ETF 5.0 57 10 7.2 -7.6
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 5.0 66 1 9.0 -5.8
KALL KraneShares MSCI All China Index ETF 4.9 49 18 12.7 -2.1
EDIV SPDR S&P Emerging Markets Dividend ETF 4.8 49 18 9.4 -5.3
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 4.8 33 34 9.4 -5.3
JADE JPMorgan Active Developing Markets Equity ETF 4.8 65 2 7.8 -6.9
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 4.6 15 52 9.8 -5.0
AIA iShares Asia 50 ETF 4.6 50 17 13.0 -1.7
EMGF iShares Emerging Markets Equity Factor ETF 4.6 25 42 10.9 -3.9
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 4.6 36 31 9.2 -5.6
BKEM BNY Mellon Emerging Markets Equity ETF 4.5 11 56 9.4 -5.4
SPEM SPDR Portfolio Emerging Markets ETF 4.5 7 60 10.5 -4.3
SCHE Schwab Emerging Markets Equity ETF 4.5 11 56 10.7 -4.1
CRAK VanEck Oil Refiners ETF 4.4 61 6 11.6 -3.2
VIDI Vident International Equity Strategy ETF 4.4 61 6 10.6 -4.2
EEM iShares MSCI Emerging Markets ETF 4.3 69 -2 9.6 -5.1
EIDO iShares MSCI Indonesia ETF 4.2 59 8 7.8 -7.0
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 4.2 24 43 7.4 -7.3
DEHP Dimensional Emerging Markets High Profitability ETF 4.1 41 26 6.5 -8.3
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 4.0 88 -21 8.1 -6.7
ESGE iShares ESG Aware MSCI EM ETF 3.9 25 42 9.5 -5.3
DFAE Dimensional Emerging Core Equity Market ETF 3.9 35 32 8.7 -6.0
EMIF iShares Emerging Markets Infrastructure ETF 3.9 60 7 4.7 -10.1
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 3.8 60 7 8.0 -6.8
VWO Vanguard FTSE Emerging Markets ETF 3.8 7 60 10.3 -4.5
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 3.8 20 47 9.9 -4.8
DFEM Dimensional Emerging Markets Core Equity 2 ETF 3.7 38 29 8.7 -6.1
EPOL iShares MSCI Poland ETF 3.7 59 8 11.3 -3.4
AVSE Avantis Responsible Emerging Markets Equity ETF 3.7 33 34 8.1 -6.7
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 3.7 30 37 9.8 -5.0
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 3.7 59 8 8.7 -6.1
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 3.7 95 -28 11.1 -3.7
IEMG iShares Core MSCI Emerging Markets ETF 3.7 9 58 9.9 -4.9
GMF SPDR S&P Emerging Asia Pacific ETF 3.7 49 18 9.6 -5.2
JIVE JPMorgan International Value ETF 3.6 55 12 11.0 -3.7
SUPL ProShares Supply Chain Logistics ETF 3.6 58 9 10.5 -4.3
FLAX Franklin FTSE Asia Ex Japan ETF 3.6 19 48 8.5 -6.2
SDIV Global X Superdividend ETF 3.6 58 9 42.2 +27.5
SCHY Schwab International Dividend Equity ETF 3.6 14 53 9.4 -5.4
EEMA iShares MSCI Emerging Markets Asia ETF 3.5 49 18 9.2 -5.6
BOAT SonicShares Global Shipping ETF 3.3 69 -2 25.8 +11.1
AAXJ iShares MSCI All Country Asia ex Japan ETF 3.2 70 -3 8.6 -6.2
EMXC iShares MSCI Emerging Markets ex China ETF 3.2 25 42 7.1 -7.7
XCNY SPDR S&P Emerging Markets ex-China ETF 3.0 15 52 7.3 -7.4
STXE Strive Emerging Markets Ex-China ETF 2.9 32 35 7.5 -7.3
LEGR First Trust Indxx Innovative Transaction & Process ETF 2.9 65 2 8.3 -6.5
FID First Trust S&P International Dividend Aristocrats ETF 2.9 60 7 7.6 -7.1
VYMI Vanguard International High Dividend Yield ETF 2.7 17 50 9.2 -5.6
EPI WisdomTree India Earnings Fund 2.7 85 -18 4.9 -9.9
FPXI First Trust International Equity Opportunities ETF 2.7 70 -3 4.5 -10.2
WWJD Inspire International ETF 2.6 80 -13 7.2 -7.6
TUR iShares MSCI Turkey ETF 2.6 58 9 17.1 +2.4
ILF iShares Latin America 40 ETF 2.5 48 19 11.9 -2.8
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 2.5 41 26 8.3 -6.5
DEW WisdomTree Global High Dividend Fund 2.4 58 9 8.3 -6.4
AVXC Avantis Emerging Markets Ex-China Equity ETF 2.4 33 34 8.2 -6.5
FRDM Freedom 100 Emerging Markets ETF 2.4 49 18 7.5 -7.3
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 2.4 80 -13 9.7 -5.1
WDIV SPDR S&P Global Dividend ETF 2.3 40 27 9.0 -5.8
EZA iShares MSCI South Africa ETF 2.3 58 9 9.9 -4.9
CGRO CoreValues Alpha Greater China Growth ETF 2.3 75 -8 3.7 -11.1
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 2.3 90 -23 5.0 -9.8
ACWV iShares MSCI Global Min Vol Factor ETF 2.3 20 47 5.9 -8.8
EMDM First Trust Bloomberg Emerging Market Democracies ETF 2.3 75 -8 9.8 -5.0
EPU iShares MSCI Peru and Global Exposure ETF 2.2 59 8 6.2 -8.6
DEXC Dimensional Emerging Markets ex China Core EquityETF 2.2 53 14 7.3 -7.4
ICLN iShares Global Clean Energy ETF 2.2 41 26 3.4 -11.4
DSTX Distillate International Fundamental Stability & Value ETF 2.0 55 12 7.7 -7.1
THD iShares MSCI Thailand ETF 1.9 58 9 0.0 -14.8
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.8 12 55 8.3 -6.4
EPHE iShares MSCI Philippines ETF 1.8 59 8 0.0 -14.8
UAE iShares MSCI UAE ETF 1.8 59 8 0.0 -14.8
FLTW Franklin FTSE Taiwan ETF 1.8 19 48 6.2 -8.6
XC WisdomTree Emerging Markets Ex-China Fund 1.8 32 35 5.5 -9.3
FLSA Franklin FTSE Saudi Arabia ETF 1.7 39 28 0.0 -14.8
KSA iShares MSCI Saudi Arabia ETF 1.7 74 -7 0.0 -14.8
ECH iShares MSCI Chile ETF 1.7 58 9 7.4 -7.4
CHIQ Global X MSCI China Consumer Discretionary ETF 1.7 65 2 14.7 -0.1
FLMX Franklin FTSE Mexico ETF 1.7 19 48 10.0 -4.7
EWW iShares MSCI Mexico ETF 1.7 50 17 9.5 -5.3
OAIM OneAscent International Equity ETF 1.7 95 -28 5.6 -9.2
OTGL OTG Latin America ETF 1.7 269 -202 8.6 -6.2
ISHP First Trust Nasdaq Retail ETF 1.7 60 7 5.8 -9.0
VCLN Virtus Duff & Phelps Clean Energy ETF 1.6 59 8 4.2 -10.5
FTRI First Trust Indxx Global Natural Resources Income ETF 1.6 70 -3 7.9 -6.9
NFTY First Trust India NIFTY 50 Equal Weight ETF 1.6 80 -13 4.6 -10.2
GLIN VanEck India Growth Leaders ETF 1.6 77 -10 5.8 -9.0
PICK iShares MSCI Global Metals & Mining Producers ETF 1.6 39 28 11.3 -3.5
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.5 32 35 8.5 -6.2
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.5 46 21 9.7 -5.1
EWT iShares MSCI Taiwan ETF 1.5 58 9 6.0 -8.8
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.4 41 26 7.2 -7.6
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.4 18 49 7.4 -7.4
FLHK Franklin FTSE Hong Kong ETF 1.4 9 58 4.3 -10.5
ACWX iShares MSCI ACWI ex U.S. ETF 1.4 34 33 7.5 -7.3
IXG iShares Global Financials ETF 1.4 42 25 6.8 -8.0
BLES Inspire Global Hope ETF 1.3 61 6 7.0 -7.8
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.3 56 11 10.6 -4.2
GLOF iShares Global Equity Factor ETF 1.3 20 47 6.9 -7.9
VEU Vanguard FTSE All-World ex-US Index Fund 1.2 4 63 7.8 -7.0
PIN Invesco India ETF 1.2 78 -11 4.7 -10.1
IXUS iShares Core MSCI Total International Stock ETF 1.2 7 60 7.7 -7.1
FLIN Franklin FTSE India ETF 1.2 19 48 4.0 -10.8
AFK VanEck Africa Index ETF 1.2 98 -31 15.0 +0.2
VSGX Vanguard ESG International Stock ETF 1.1 10 57 7.6 -7.1
VXUS Vanguard Total International Stock ETF 1.1 5 62 7.8 -7.0
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.1 30 37 7.7 -7.1
CWI SPDR MSCI ACWI ex-US ETF 1.1 30 37 7.5 -7.3
ETEC iShares Breakthrough Environmental Solutions ETF 1.0 47 20 3.8 -11.0
INDA iShares MSCI India ETF 1.0 65 2 4.6 -10.2
GCOW Pacer Global Cash Cows Dividend ETF 1.0 60 7 10.4 -4.4
FYLD Cambria Foreign Shareholder Yield ETF 1.0 59 8 11.4 -3.4
SHPP Pacer Industrials and Logistics ETF 1.0 60 7 8.4 -6.4
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.9 32 35 13.9 -0.9
IQRA IQ CBRE Real Assets ETF 0.9 65 2 5.7 -9.0
IXC iShares Global Energy ETF 0.9 44 23 10.0 -4.8
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.8 65 2 10.4 -4.4
MINV Matthews Asia Innovators Active ETF 0.8 79 -12 7.3 -7.5
CLNR IQ Cleaner Transport ETF 0.7 45 22 5.0 -9.7
INDY iShares India 50 ETF 0.7 89 -22 5.0 -9.8
ICPY Tweedy, Browne International Insider Value ETF 0.7 80 -13 0.0 -14.8
IGF iShares Global Infrastructure ETF 0.7 41 26 4.7 -10.1
GII SPDR S&P Global Infrastructure ETF 0.7 40 27 4.7 -10.1
OBOR KraneShares MSCI One Belt One Road Index ETF 0.7 79 -12 8.1 -6.7
GEW Cambria Global EW ETF 0.7 29 38 0.0 -14.8
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.7 80 -13 8.8 -6.0
DGT State Street SPDR Global Dow ETF 0.7 50 17 6.7 -8.1
NXTG First Trust Indxx NextG ETF 0.6 70 -3 5.2 -9.6
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.5 58 9 9.6 -5.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.5 20 47 5.7 -9.1
COPY Tweedy, Browne Insider + Value ETF 0.5 80 -13 12.1 -2.7
RCGE RockCreek Global Equality ETF 0.5 95 -28 6.8 -8.0
EMM Global X Emerging Markets ex-China ETF 0.5 75 -8 7.3 -7.5
WRND IQ Global Equity R&D Leaders ETF 0.5 18 49 7.8 -7.0
ACWI iShares MSCI ACWI ETF 0.5 32 35 5.5 -9.3
SMOG VanEck Low Carbon Energy ETF 0.4 61 6 1.7 -13.1
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.4 47 20 5.7 -9.0
VT Vanguard Total World Stock ETF 0.4 6 61 5.9 -8.9
FLKR Franklin FTSE South Korea ETF 0.4 9 58 7.4 -7.4
HAP VanEck Natural Resources ETF 0.3 50 17 9.1 -5.7
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.3 42 25 9.8 -5.0
EWY iShares MSCI South Korea ETF 0.3 58 9 6.6 -8.1
PATN Pacer Nasdaq International Patent Leaders ETF 0.3 65 2 5.5 -9.3
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.3 46 21 5.6 -9.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.3 9 58 5.7 -9.1
GNR SPDR S&P Global Natural Resources ETF 0.3 40 27 10.6 -4.2
KLMT Invesco MSCI Global Climate 500 ETF 0.3 10 57 5.7 -9.0
JPIN J.P. Morgan Diversified Return International Equity ETF 0.3 37 30 7.9 -6.8
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.3 12 55 5.2 -9.6
JSTC Adasina Social Justice All Cap Global ETF 0.3 89 -22 5.2 -9.6
EFRA iShares Environmental Infrastructure and Industrials ETF 0.2 47 20 5.5 -9.3
JXI iShares Global Utilities ETF 0.2 43 24 5.6 -9.2
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 0.2 65 2 7.2 -7.6
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.2 24 43 7.3 -7.5
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 0.2 65 2 5.4 -9.4
RFDI First Trust Riverfront Dynamic Developed International ETF 0.2 83 -16 9.1 -5.6
FNDC Schwab Fundamental International Small Co. Index ETF 0.2 39 28 5.9 -8.9
BBEU JPMorgan BetaBuilders Europe ETF 0.2 9 58 7.1 -7.6
DIVI Franklin International Core Dividend Tilt Index ETF 0.2 9 58 7.8 -7.0
CCNR ALPS CoreCommodity Natural Resources ETF 0.2 39 28 9.5 -5.3
CNYA iShares MSCI China A ETF 0.2 60 7 7.3 -7.5
FNDF Schwab Fundamental International Large Co. Index ETF 0.2 25 42 9.2 -5.6
FLEE Franklin FTSE Europe ETF 0.2 9 58 7.1 -7.6
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 18 7.0 -7.7
VGK Vanguard FTSE Europe ETF 0.1 6 61 7.4 -7.4
GSID Goldman Sachs MarketBeta International Equity ETF 0.1 20 47 6.6 -8.1
HFXI IQ FTSE International Equity Currency Neutral ETF 0.1 20 47 6.7 -8.1
IQSI IQ Candriam International Equity ETF 0.1 15 52 6.3 -8.4
SPEU SPDR Portfolio Europe ETF 0.1 7 60 7.3 -7.5
BKIE BNY Mellon International Equity ETF 0.1 4 63 6.8 -8.0
SCHF Schwab International Equity ETF 0.1 6 61 7.0 -7.8
VEA Vanguard FTSE Developed Markets ETF 0.1 3 64 7.0 -7.8
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.1 45 22 8.5 -6.2
VPL Vanguard FTSE Pacific ETF 0.1 7 60 6.5 -8.3
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.1 39 28 7.8 -7.0
IDMO Invesco S&P International Developed Momentum ETF 0.1 25 42 6.0 -8.8
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.1 39 28 6.4 -8.3
RXI iShares Global Consumer Discretionary ETF 0.0 41 26 8.5 -6.2
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.0 35 32 6.4 -8.4
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 25 5.4 -9.4
IMFL Invesco International Developed Dynamic Multifactor ETF 0.0 34 33 5.7 -9.0
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 64 6.8 -8.0
AVSD Avantis Responsible International Equity ETF 0.0 23 44 5.2 -9.6
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.0 8 59 7.4 -7.4

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:		 Global X MSCI SuperDividend Emerging Markets ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.8 %
Divided by: Fwd. P/BV 0.8 x
Less: Expense ratio 67 bp
Equals: ALTAR Score 14.8 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.63 CATEGORY
AVERAGE		 1.54
 
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.