Global X MSCI SuperDividend Emerging Markets ETF
ALTAR
Score™		 17.5% info Recommen-
dation		 SPECULATIVE
2024E    2025E
P/E
ratio		 6.3x P/Sales
ratio		 0.9x
P/BV
ratio		 1.0x Div.
yield		 7.2%


  • 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) $45
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) $20,145
Large cap (>$10bn) 44.2%
Mid cap ($2-10bn) 54.0%
Small cap (<$2bn) 1.8%
Developed mkts 3.7%
Emerging mkts 96.3%

TOP TEN HOLDINGS
AKBANK T.A.S. 4.5 %
YAPI VE KREDI BANKASI 3.8 %
COAL INDIA LTD 3.2 %
TUPRAS-TURKIYE PETROL RAFINE 3.1 %
WESTERN MINING CO -A 2.8 %
SHAANXI COAL INDUSTRY CO., LTD. CL 2.8 %
SHANXI LU'AN ENVIRONMENTAL-A 2.5 %
BANCOLOMBIA SA-PREF 2.4 %
MEDIATEK INC 2.4 %
SESA GOA LTD 2.4 %
Total 29.8 %

TOP COUNTRY EXPOSURE
CHINA 33.8 %
TURKEY 11.4 %
BRAZIL 11.2 %
CHILE 7.5 %
INDIA 5.6 %
TAIWAN 4.3 %
MEXICO 3.6 %
CZECH REPUBLIC 3.5 %
INDONESIA 3.0 %
GREECE 3.0 %

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.
2.8% 16.0% -2.5% -- -0.4%

Market Correlations
versus... Beta R-squared
S&P500 0.62 36%
MSCI EAFE 0.87 66%
MSCI Emg. Mkts. 0.89 74%

Technical Indicators
Recent close $25.30
30d moving avg. $23.76
Annualized volatility 18.3%
Short interest (ETF) 0.8%
Relative strength (RSI) 66

Liquidity measures
Avg. volume (thou.) 4
Turnover 0.2%
Bid/Ask (% of price) 0.17%
ADV underlying (mns) $2,822

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 234 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™: 17.5%


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 30.4 49 18 16.6 -0.9
DEM WisdomTree Emerging Markets High Dividend Fund 20.5 63 4 12.9 -4.5
EDOG ALPS Emerging Sector Dividend Dogs ETF 16.5 60 7 14.8 -2.7
FLN First Trust Latin America AlphaDEX Fund 15.1 80 -13 11.0 -6.5
FEM First Trust Emerging Markets AlphaDEX Fund 15.0 80 -13 16.4 -1.1
EEMD AAM S&P Emerging Markets High Dividend Value ETF 14.9 49 18 19.1 +1.6
UEVM VictoryShares Emerging Markets Value Momentum ETF 11.6 45 22 12.8 -4.7
PXH Invesco FTSE RAFI Emerging Markets ETF 11.5 49 18 12.5 -5.0
TUR iShares MSCI Turkey ETF 11.4 58 9 18.7 +1.2
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 11.4 95 -28 11.4 -6.1
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 11.2 39 28 12.6 -4.9
EYLD Cambria Emerging Shareholder Yield ETF 11.2 66 1 12.2 -5.3
ROAM Hartford Multifactor Emerging Markets ETF 10.8 44 23 11.8 -5.7
IQDF FlexShares International Quality Dividend Index Fund 10.8 47 20 10.7 -6.8
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 10.5 44 23 10.4 -7.1
ECOW Pacer Emerging Markets Cash Cows 100 ETF 10.1 70 -3 11.4 -6.0
FBZ First Trust Brazil AlphaDEX Fund 10.0 80 -13 11.9 -5.6
GVAL Cambria Global Value ETF 9.9 68 -1 12.3 -5.2
IQDY FlexShares International Quality Dividend Dynamic Index Fund 9.7 47 20 10.2 -7.2
FDEM Fidelity Emerging Markets Multifactor ETF 9.6 25 42 12.0 -5.5
FLLA Franklin FTSE Latin America ETF 9.4 19 48 11.6 -5.9
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 8.9 50 17 10.6 -6.9
EDIV SPDR S&P Emerging Markets Dividend ETF 8.1 49 18 11.0 -6.5
EWZ iShares MSCI Brazil ETF 8.0 58 9 11.8 -5.7
DFEV Dimensional Emerging Markets Value ETF 8.0 43 24 10.9 -6.5
EEMO Invesco S&P Emerging Markets Momentum ETF 7.9 29 38 6.2 -11.3
FCA First Trust China AlphaDEX Fund 7.8 80 -13 18.0 +0.5
ECH iShares MSCI Chile ETF 7.5 58 9 10.7 -6.8
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 7.5 30 37 8.6 -8.9
FLBR Franklin FTSE Brazil ETF 7.5 19 48 12.3 -5.2
FXI iShares China Large-Cap ETF 7.5 74 -7 9.6 -7.9
IQDE FlexShares International Quality Dividend Defensive Index ET 7.3 47 20 10.7 -6.8
KALL KraneShares MSCI All China Index ETF 7.1 49 18 9.4 -8.0
EMGF iShares Emerging Markets Equity Factor ETF 6.9 25 42 8.7 -8.8
RNEM First Trust Emerging Markets Equity Select ETF 6.8 75 -8 8.3 -9.2
SDIV Global X Superdividend ETF 6.4 58 9 17.6 +0.1
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 6.2 40 27 7.2 -10.3
FRDM Freedom 100 Emerging Markets ETF 6.2 49 18 7.3 -10.2
JHEM John Hancock Multifactor Emerging Markets ETF 6.1 49 18 8.4 -9.1
EMXF iShares ESG Advanced MSCI EM ETF 6.1 16 51 7.5 -10.0
FTRI First Trust Indxx Global Natural Resources Income ETF 6.1 70 -3 10.7 -6.8
MCHI iShares MSCI China ETF 5.9 59 8 9.0 -8.5
BKF iShares MSCI BIC ETF 5.8 69 -2 7.1 -10.4
FLCH Franklin FTSE China ETF 5.7 19 48 9.6 -7.9
GXC SPDR S&P China ETF 5.5 59 8 9.1 -8.4
AIA iShares Asia 50 ETF 5.4 50 17 6.9 -10.6
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 5.4 24 43 7.2 -10.3
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 5.3 45 22 8.6 -8.9
EMDM First Trust Bloomberg Emerging Market Democracies ETF 5.2 75 -8 9.6 -7.9
RODE Hartford Multifactor Diversified International ETF 5.1 29 38 11.5 -6.0
EMMF WisdomTree Emerging Markets Multifactor Fund 5.1 48 19 9.4 -8.1
CRAK VanEck Oil Refiners ETF 5.1 61 6 13.0 -4.5
SCHE Schwab Emerging Markets Equity ETF 5.0 11 56 7.6 -9.9
DEHP Dimensional Emerging Markets High Profitability ETF 5.0 41 26 7.3 -10.2
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 4.9 20 47 10.7 -6.8
EEM iShares MSCI Emerging Markets ETF 4.9 69 -2 7.0 -10.5
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 4.8 66 1 7.2 -10.3
LDEM iShares ESG MSCI EM Leaders ETF 4.8 17 50 7.8 -9.7
ILF iShares Latin America 40 ETF 4.6 48 19 10.2 -7.2
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 4.6 32 35 7.6 -9.9
DFAE Dimensional Emerging Core Equity Market ETF 4.5 35 32 7.7 -9.7
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 4.5 36 31 7.5 -10.0
BKEM BNY Mellon Emerging Markets Equity ETF 4.4 11 56 7.7 -9.8
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 4.4 20 47 7.5 -10.0
VWO Vanguard FTSE Emerging Markets ETF 4.4 8 59 7.6 -9.9
DFEM Dimensional Emerging Markets Core Equity 2 ETF 4.3 38 29 8.3 -9.2
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 4.3 90 -23 6.9 -10.6
BRAZ Global X Brazil Active ETF 4.2 75 -8 10.2 -7.3
SPEM SPDR Portfolio Emerging Markets ETF 4.2 7 60 7.5 -10.0
ESGE iShares ESG Aware MSCI EM ETF 4.2 25 42 7.7 -9.8
IEMG iShares Core MSCI Emerging Markets ETF 4.1 9 58 7.5 -9.9
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 4.1 18 49 7.9 -9.6
CN Xtrackers MSCI All China Equity ETF 4.1 50 17 8.7 -8.8
GMF SPDR S&P Emerging Asia Pacific ETF 4.0 49 18 6.4 -11.1
EMXC iShares MSCI Emerging Markets ex China ETF 4.0 25 42 6.7 -10.8
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 4.0 88 -21 6.2 -11.3
XCEM Columbia EM Core ex-China ETF 4.0 16 51 7.4 -10.1
AVES Avantis Emerging Markets Value ETF 4.0 36 31 12.2 -5.3
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 3.9 25 42 7.0 -10.4
EEMA iShares MSCI Emerging Markets Asia ETF 3.8 49 18 6.7 -10.8
TTAI FCF International Quality ETF 3.7 59 8 7.3 -10.1
AVEM Avantis Emerging Markets Equity ETF 3.6 33 34 9.1 -8.3
EPI WisdomTree India Earnings Fund 3.6 85 -18 6.7 -10.8
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 3.5 30 37 7.5 -10.0
AAXJ iShares MSCI All Country Asia ex Japan ETF 3.5 70 -3 6.3 -11.2
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 3.4 15 52 7.1 -10.4
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 3.4 59 8 9.6 -7.9
FLAX Franklin FTSE Asia Ex Japan ETF 3.3 19 48 7.2 -10.3
DEW WisdomTree Global High Dividend Fund 3.2 58 9 9.0 -8.4
LEGR First Trust Indxx Innovative Transaction & Process ETF 3.2 65 2 8.4 -9.1
STXE Strive Emerging Markets Ex-China ETF 3.2 32 35 6.9 -10.6
GLIN VanEck India Growth Leaders ETF 3.2 77 -10 5.4 -12.1
NUEM Nuveen ESG Emerging Markets Equity ETF 3.2 36 31 6.8 -10.7
EWW iShares MSCI Mexico ETF 3.1 50 17 9.7 -7.8
FLMX Franklin FTSE Mexico ETF 3.0 19 48 10.8 -6.7
CGV Conductor Global Equity Value ETF 3.0 130 -63 11.3 -6.2
EWT iShares MSCI Taiwan ETF 3.0 58 9 5.7 -11.7
IDX VanEck Indonesia Index ETF 3.0 57 10 7.9 -9.6
EIDO iShares MSCI Indonesia ETF 3.0 59 8 7.5 -10.0
GREK Global X MSCI Greece ETF 3.0 57 10 -1.6 -19.1
FLTW Franklin FTSE Taiwan ETF 3.0 19 48 6.0 -11.5
FILL iShares MSCI Global Energy Producers ETF 2.9 39 28 9.0 -8.4
DMAT Global X Disruptive Materials ETF 2.8 59 8 10.1 -7.3
VYMI Vanguard International High Dividend Yield ETF 2.8 22 45 9.7 -7.8
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 2.7 60 7 10.0 -7.5
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 2.7 33 34 7.2 -10.3
VIDI Vident International Equity Strategy ETF 2.6 61 6 11.9 -5.6
ACWV iShares MSCI Global Min Vol Factor ETF 2.6 20 47 6.7 -10.8
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 2.6 41 26 7.8 -9.7
EELV Invesco S&P Emerging Markets Low Volatility ETF 2.4 29 38 8.3 -9.2
GXG Global X MSCI Colombia ETF 2.4 62 5 15.2 -2.2
EMC Global X Emerging Markets Great Consumer ETF 2.4 75 -8 4.9 -12.6
EMM Global X Emerging Markets ex-China ETF 2.4 75 -8 3.7 -13.8
GGME Invesco Next Gen Media and Gaming ETF 2.4 60 7 4.1 -13.4
IDAT iShares Future Cloud 5G and Tech ETF 2.4 47 20 4.6 -12.9
ION ProShares S&P Global Core Battery Metals ETF 2.3 58 9 11.6 -5.9
FM iShares Frontier and Select EM ETF 2.2 80 -13 9.5 -8.0
XC WisdomTree Emerging Markets Ex-China Fund 2.2 32 35 6.2 -11.3
EZA iShares MSCI South Africa ETF 2.1 58 9 11.5 -6.0
NFTY First Trust India NIFTY 50 Equal Weight ETF 2.0 80 -13 6.2 -11.3
FTAG First Trust Indxx Global Agriculture ETF 2.0 70 -3 9.1 -8.4
QAT iShares MSCI Qatar ETF 2.0 59 8 9.4 -8.1
ADIV SmartETFs Asia Pacific Dividend Builder ETF 1.9 78 -11 8.9 -8.5
MCH Matthews China Active ETF 1.9 79 -12 6.1 -11.4
JCHI JPMorgan Active China ETF 1.9 65 2 8.0 -9.5
EPOL iShares MSCI Poland ETF 1.9 59 8 10.5 -6.9
IDOG ALPS International Sector Dividend Dogs ETF 1.9 50 17 11.6 -5.9
FDD First Trust Stoxx European Select Dividend Index Fund 1.9 58 9 12.9 -4.6
CLNR IQ Cleaner Transport ETF 1.9 45 22 8.2 -9.2
SUPL ProShares Supply Chain Logistics ETF 1.9 58 9 13.2 -4.3
SCHY Schwab International Dividend Equity ETF 1.9 14 53 9.3 -8.2
AFTY Pacer CSOP FTSE China A50 ETF 1.8 70 -3 9.3 -8.1
ICLN iShares Global Clean Energy ETF 1.8 41 26 4.3 -13.2
SNSR Global X Internet of Things ETF 1.8 68 -1 4.3 -13.2
KSTR KraneShares SSE STAR Market 50 Index ETF 1.8 89 -22 2.6 -14.9
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.7 32 35 6.3 -11.2
SRET Global X SuperDividend REIT ETF 1.7 59 8 10.1 -7.4
WOOD iShares Global Timber & Forestry ETF 1.6 42 25 9.6 -7.9
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 1.6 65 2 8.9 -8.6
CNYA iShares MSCI China A ETF 1.6 60 7 8.7 -8.8
ICOW Pacer Developed Markets International Cash Cows 100 ETF 1.6 65 2 12.7 -4.7
BJK VanEck Gaming ETF 1.6 65 2 1.8 -15.7
BETZ Roundhill Sports Betting & iGaming ETF 1.6 75 -8 1.8 -15.6
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 1.4 58 9 10.2 -7.3
SDG iShares MSCI Global Sustainable Development Goals ETF 1.4 49 18 5.8 -11.7
QTUM Defiance Quantum ETF 1.4 40 27 3.9 -13.6
NLR VanEck Uranium+Nuclear Energy ETF 1.4 61 6 4.5 -12.9
ACWX iShares MSCI ACWI ex U.S. ETF 1.4 34 33 6.7 -10.8
WWJD Inspire International ETF 1.4 80 -13 7.1 -10.4
PIN Invesco India ETF 1.3 78 -11 3.8 -13.7
OBOR KraneShares MSCI One Belt One Road Index ETF 1.3 79 -12 10.4 -7.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.3 41 26 6.6 -10.8
NXTG First Trust Indxx NextG ETF 1.3 70 -3 6.0 -11.5
GLOF iShares Global Equity Factor ETF 1.3 20 47 7.0 -10.4
IXG iShares Global Financials ETF 1.2 42 25 6.8 -10.7
VEU Vanguard FTSE All-World ex-US Index Fund 1.2 8 59 7.2 -10.3
GTEK Goldman Sachs Future Tech Leaders Equity ETF 1.2 75 -8 3.2 -14.3
IXUS iShares Core MSCI Total International Stock ETF 1.2 7 60 6.9 -10.6
VXUS Vanguard Total International Stock ETF 1.2 7 60 7.1 -10.4
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.2 30 37 7.8 -9.7
BLDG Cambria Global Real Estate ETF 1.1 60 7 9.3 -8.2
ASEA Global X FTSE Southeast Asia ETF 1.1 65 2 6.5 -11.0
RWX SPDR Dow Jones International Real Estate ETF 1.1 59 8 7.1 -10.3
DGT SPDR Global Dow ETF 1.1 50 17 6.6 -10.9
FLIN Franklin FTSE India ETF 1.1 19 48 5.2 -12.2
CWI SPDR MSCI ACWI ex-US ETF 1.1 30 37 6.8 -10.7
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 1.1 55 12 8.5 -9.0
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.1 72 -5 2.2 -15.3
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 1.1 85 -18 8.2 -9.3
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.1 10 57 8.1 -9.4
CUT Invesco MSCI Global Timber ETF 1.0 61 6 8.5 -9.0
INDY iShares India 50 ETF 1.0 89 -22 3.7 -13.7
MOTI VanEck Morningstar International Moat ETF 1.0 58 9 6.9 -10.6
XT iShares Exponential Technologies ETF 1.0 46 21 3.8 -13.6
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.0 46 21 8.9 -8.6
INDA iShares MSCI India ETF 1.0 65 2 3.7 -13.8
VSGX Vanguard ESG International Stock ETF 1.0 12 55 6.8 -10.7
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 1.0 65 2 6.3 -11.2
GMET VanEck Green Metals ETF 1.0 63 4 10.1 -7.3
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.9 60 7 0.9 -16.5
JSTC Adasina Social Justice All Cap Global ETF 0.8 89 -22 4.7 -12.8
DSTX Distillate International Fundamental Stability & Value ETF 0.8 55 12 8.0 -9.5
AQWA Global X Clean Water ETF 0.8 50 17 4.3 -13.2
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.7 45 22 6.3 -11.2
BLES Inspire Global Hope ETF 0.7 61 6 6.3 -11.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.7 20 47 5.6 -11.9
RFEU First Trust Riverfront Dynamic Europe ETF 0.6 83 -16 8.8 -8.7
PICK iShares MSCI Global Metals & Mining Producers ETF 0.6 39 28 11.0 -6.4
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.5 12 55 8.7 -8.8
AVRE Avantis Real Estate ETF 0.5 17 50 6.6 -10.9
ACWI iShares MSCI ACWI ETF 0.5 32 35 5.5 -12.0
WRND IQ Global Equity R&D Leaders ETF 0.5 18 49 7.1 -10.4
QINT American Century Quality Diversified International ETF 0.4 39 28 7.4 -10.1
VT Vanguard Total World Stock ETF 0.4 7 60 5.8 -11.7
GLIF AGF Global Infrastructure ETF 0.4 45 22 5.5 -12.0
RFDI First Trust Riverfront Dynamic Developed International ETF 0.4 83 -16 9.0 -8.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.4 12 55 5.0 -12.5
IXN iShares Global Tech ETF 0.4 41 26 4.3 -13.2
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.3 80 -13 14.2 -3.3
RWO SPDR Dow Jones Global Real Estate ETF 0.3 50 17 6.9 -10.6
REET iShares Global REIT ETF 0.3 14 53 7.1 -10.4
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.3 45 22 4.9 -12.6
MVPS Amplify Thematic All-Stars ETF 0.3 49 18 1.6 -15.8
DFGR Dimensional Global Real Estate ETF 0.3 22 45 7.0 -10.5
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.3 32 35 5.7 -11.8
IMFL Invesco International Developed Dynamic Multifactor ETF 0.2 34 33 10.6 -6.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 58 5.7 -11.8
ANEW ProShares MSCI Transformational Changes ETF 0.2 45 22 3.3 -14.2
EWX SPDR S&P Emerging Markets Small Cap ETF 0.2 65 2 7.7 -9.8
TCHI iShares MSCI China Multisector Tech ETF 0.2 59 8 3.1 -14.4
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.2 42 25 6.8 -10.7
DIVI Franklin International Core Dividend Tilt Index ETF 0.2 9 58 8.0 -9.5
JPIN J.P. Morgan Diversified Return International Equity ETF 0.1 37 30 8.7 -8.8
FNDF Schwab Fundamental International Large Co. Index ETF 0.1 25 42 9.0 -8.4
VEGI iShares MSCI Agriculture Producers ETF 0.1 39 28 9.2 -8.3
ECON Columbia Emerging Markets Consumer ETF 0.1 49 18 4.8 -12.7
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 20 5.9 -11.5
BBEU JPMorgan BetaBuilders Europe ETF 0.1 9 58 6.7 -10.8
MXI iShares Global Materials ETF 0.1 41 26 6.7 -10.8
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.1 24 43 8.5 -9.0
VGK Vanguard FTSE Europe ETF 0.1 11 56 6.8 -10.7
FLEE Franklin FTSE Europe ETF 0.1 9 58 6.8 -10.7
SPEU SPDR Portfolio Europe ETF 0.1 7 60 6.5 -10.9
IQSI IQ Candriam International Equity ETF 0.1 15 52 6.4 -11.1
HFXI IQ FTSE International Equity Currency Neutral ETF 0.1 20 47 6.8 -10.7
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.1 45 22 8.5 -9.0
GSID Goldman Sachs MarketBeta International Equity ETF 0.1 20 47 6.6 -10.8
SCHF Schwab International Equity ETF 0.0 6 61 7.0 -10.5
BKIE BNY Mellon International Equity ETF 0.0 4 63 6.9 -10.6
VEA Vanguard FTSE Developed Markets ETF 0.0 5 62 7.0 -10.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 28 7.3 -10.2
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.0 7 60 6.5 -11.0
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 25 5.1 -12.4
ERUS iShares MSCI Russia ETF 0.0 8 59 11.3 -6.2

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:		 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 17.1 %
Divided by: Fwd. P/BV 0.9 x
Less: Expense ratio 67 bp
Equals: ALTAR Score 17.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.43 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.