Strive Emerging Markets Ex-China ETF
ALTAR
Score™		 7.8% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 13.5x P/Sales
ratio		 1.5x
P/BV
ratio		 1.9x Div.
yield		 2.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
STXE tracks a market cap-weighted index of mid and large cap companies in emerging markets, excluding China.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Alpha Architect
Website staging.strive.iws.in/stxe
Inception date Jan 31, 2023
Assets (mns) $100
Currency USD
Expense ratio 32 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 229
Wgt avg mkt cap (mns) $141,979
Large cap (>$10bn) 90.5%
Mid cap ($2-10bn) 8.1%
Small cap (<$2bn) 0.0%
Developed mkts 0.5%
Emerging mkts 99.5%

TOP TEN HOLDINGS
TAIWAN SEMICONDUCTOR MANUFAC 13.2 %
SAMSUNG ELECTRONICS CO LTD 4.7 %
HDFC BANK LIMITED 3.4 %
ICICI BANK LTD 2.3 %
HYNIX SEMICONDUCTOR INC 2.2 %
AL RAJHI BANK 2.1 %
RELIANCE INDUSTRIES LTD 1.9 %
MEDIATEK INC 1.2 %
HON HAI PRECISION INDUSTRY 1.2 %
BHARTI AIRTEL LIMITED 1.1 %
Total 33.5 %

TOP COUNTRY EXPOSURE
INDIA 26.9 %
TAIWAN 23.0 %
SOUTH KOREA 14.0 %
SAUDI ARABIA 7.3 %
BRAZIL 5.4 %
SOUTH AFRICA 4.6 %
MEXICO 2.7 %
INDONESIA 1.9 %
UAE 1.8 %
THAILAND 1.5 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
12.5% 5.3% -- -- 10.0%

Market Correlations
versus... Beta R-squared
S&P500 0.67 50%
MSCI EAFE 0.50 32%
MSCI Emg. Mkts. 0.73 53%

Technical Indicators
Recent close $31.34
30d moving avg. $30.52
Annualized volatility 12.2%
Short interest (ETF) 0.0%
Relative strength (RSI) 61

Liquidity measures
Avg. volume (thou.) 7
Turnover 0.2%
Bid/Ask (% of price) 0.41%
ADV underlying (mns) $7,560

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 417 potential alternatives to the Strive Emerging Markets Ex-China ETF ETF based on the alternatives' overlap in portfolio holdings with STXE. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: STXE Expense: 32 bp ALTAR Score™: 7.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH STXE
Ticker Fund
Name		 Overlap1
vs STXE
(%)		 Expense
ratio
(bp)		 Savings
vs STXE
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs STXE
(%)
EMXC iShares MSCI Emerging Markets ex China ETF 69.8 25 7 7.7 -0.1
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 62.1 24 8 8.2 +0.4
XCEM Columbia EM Core ex-China ETF 58.3 16 16 8.1 +0.3
XC WisdomTree Emerging Markets Ex-China Fund 56.4 32 0 6.2 -1.7
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 53.2 15 17 8.1 +0.3
XCNY SPDR S&P Emerging Markets ex-China ETF 53.1 15 17 7.7 -0.1
EMDM First Trust Bloomberg Emerging Market Democracies ETF 50.7 75 -43 9.9 +2.1
EEM iShares MSCI Emerging Markets ETF 50.4 69 -37 10.2 +2.4
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 50.1 30 2 10.3 +2.4
EEMA iShares MSCI Emerging Markets Asia ETF 48.7 49 -17 10.0 +2.2
ECON Columbia Emerging Markets Consumer ETF 46.0 49 -17 12.3 +4.5
EMXF iShares ESG Advanced MSCI EM ETF 46.0 16 16 8.4 +0.6
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 45.8 66 -34 9.8 +2.0
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 45.3 15 17 10.3 +2.5
BKEM BNY Mellon Emerging Markets Equity ETF 44.9 11 21 10.1 +2.3
AAXJ iShares MSCI All Country Asia ex Japan ETF 44.3 70 -38 9.2 +1.4
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 44.0 32 0 9.2 +1.4
JHEM John Hancock Multifactor Emerging Markets ETF 43.9 49 -17 10.4 +2.6
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 43.6 36 -4 9.8 +2.0
IEMG iShares Core MSCI Emerging Markets ETF 43.2 9 23 10.4 +2.6
ESGE iShares ESG Aware MSCI EM ETF 43.0 25 7 10.0 +2.2
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 42.4 33 -1 10.1 +2.3
SCHE Schwab Emerging Markets Equity ETF 41.3 11 21 11.1 +3.3
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 41.0 32 0 6.8 -1.0
EMGF iShares Emerging Markets Equity Factor ETF 40.7 25 7 11.8 +4.0
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 39.8 45 -13 10.4 +2.6
LDEM iShares ESG MSCI EM Leaders ETF 39.4 17 15 13.1 +5.3
VWO Vanguard FTSE Emerging Markets ETF 38.0 7 25 10.5 +2.7
DFAE Dimensional Emerging Core Equity Market ETF 37.9 35 -3 9.4 +1.6
FLAX Franklin FTSE Asia Ex Japan ETF 37.0 19 13 9.4 +1.6
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 35.4 30 2 9.9 +2.1
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 35.2 20 12 10.7 +2.9
SPEM SPDR Portfolio Emerging Markets ETF 34.5 7 25 10.6 +2.8
DEXC Dimensional Emerging Markets ex China Core EquityETF 34.0 53 -21 7.7 -0.1
FTHF First Trust Emerging Markets Human Flourishing ETF 33.6 75 -43 8.6 +0.7
PXH Invesco FTSE RAFI Emerging Markets ETF 33.0 49 -17 15.9 +8.1
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 32.2 39 -7 16.2 +8.4
DEHP Dimensional Emerging Markets High Profitability ETF 31.2 41 -9 6.8 -1.0
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 29.5 50 -18 11.4 +3.5
NUEM Nuveen ESG Emerging Markets Equity ETF 29.3 36 -4 7.8 -0.0
AIA iShares Asia 50 ETF 28.7 50 -18 13.1 +5.3
DFEM Dimensional Emerging Markets Core Equity 2 ETF 28.5 38 -6 9.4 +1.6
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 28.3 88 -56 9.4 +1.5
BKF iShares MSCI BIC ETF 28.1 69 -37 13.2 +5.4
FDEM Fidelity Emerging Markets Multifactor ETF 28.1 25 7 12.8 +5.0
RNEM First Trust Emerging Markets Equity Select ETF 28.0 75 -43 7.1 -0.8
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 27.7 59 -27 11.7 +3.9
EEMO Invesco S&P Emerging Markets Momentum ETF 26.4 29 3 6.4 -1.4
INDA iShares MSCI India ETF 25.9 65 -33 4.4 -3.4
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 25.2 40 -8 7.1 -0.7
EMMF WisdomTree Emerging Markets Multifactor Fund 25.1 48 -16 7.8 +0.0
AVXC Avantis Emerging Markets Ex-China Equity ETF 24.7 33 -1 8.7 +0.8
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 24.6 25 7 6.5 -1.4
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 24.5 41 -9 8.8 +1.0
FLIN Franklin FTSE India ETF 24.4 19 13 4.0 -3.8
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 24.4 44 -12 11.0 +3.2
ROAM Hartford Multifactor Emerging Markets ETF 23.4 44 -12 12.0 +4.2
PIN Invesco India ETF 23.4 78 -46 4.4 -3.4
EVLU iShares MSCI Emerging Markets Value Factor ETF 23.2 35 -3 19.2 +11.4
MINV Matthews Asia Innovators Active ETF 23.1 79 -47 7.5 -0.3
EWT iShares MSCI Taiwan ETF 23.0 58 -26 6.4 -1.5
FLTW Franklin FTSE Taiwan ETF 23.0 19 13 6.6 -1.3
GMF SPDR S&P Emerging Asia Pacific ETF 23.0 49 -17 9.4 +1.6
INDY iShares India 50 ETF 22.9 89 -57 4.7 -3.1
DFEV Dimensional Emerging Markets Value ETF 22.7 43 -11 13.2 +5.4
MEM Matthews Emerging Markets Equity Active ETF 22.5 79 -47 7.9 +0.1
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 22.2 95 -63 12.7 +4.9
FRDM Freedom 100 Emerging Markets ETF 21.5 49 -17 8.8 +1.0
EPI WisdomTree India Earnings Fund 21.4 85 -53 4.8 -3.0
NFTY First Trust India NIFTY 50 Equal Weight ETF 20.9 80 -48 5.0 -2.8
AVEM Avantis Emerging Markets Equity ETF 20.8 33 -1 9.1 +1.3
PATN Pacer Nasdaq International Patent Leaders ETF 20.4 65 -33 6.3 -1.5
AVSE Avantis Responsible Emerging Markets Equity ETF 18.6 33 -1 8.5 +0.7
EELV Invesco S&P Emerging Markets Low Volatility ETF 17.8 29 3 8.9 +1.1
AVES Avantis Emerging Markets Value ETF 16.4 36 -4 11.5 +3.7
ACWX iShares MSCI ACWI ex U.S. ETF 14.9 34 -2 7.9 +0.1
KNCT Invesco Next Gen Connectivity ETF 14.8 40 -8 5.0 -2.8
VSGX Vanguard ESG International Stock ETF 14.1 10 22 8.0 +0.1
FLKR Franklin FTSE South Korea ETF 14.0 9 23 9.4 +1.6
EWY iShares MSCI South Korea ETF 13.9 58 -26 8.8 +1.0
VEU Vanguard FTSE All-World ex-US Index Fund 13.6 4 28 8.2 +0.4
GXUS Goldman Sachs MarketBeta Total International Equity ETF 13.3 18 14 7.9 +0.1
IXUS iShares Core MSCI Total International Stock ETF 12.9 7 25 8.1 +0.2
VXUS Vanguard Total International Stock ETF 12.7 5 27 8.1 +0.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 12.7 41 -9 7.7 -0.1
DEM WisdomTree Emerging Markets High Dividend Fund 12.5 63 -31 13.2 +5.4
EMC Global X Emerging Markets Great Consumer ETF 12.5 75 -43 8.8 +1.0
EMM Global X Emerging Markets ex-China ETF 12.3 75 -43 6.0 -1.8
VYMI Vanguard International High Dividend Yield ETF 10.9 17 15 9.9 +2.1
NDIA Global X India Active ETF 10.1 75 -43 4.7 -3.1
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 9.9 42 -10 6.8 -1.1
IVES Wedbush ETFMG Global Cloud Technology ETF 9.9 68 -36 15.4 +7.6
CWI SPDR MSCI ACWI ex-US ETF 9.3 30 2 7.8 0.0
UEVM VictoryShares Emerging Markets Value Momentum ETF 9.3 45 -13 10.8 +2.9
ACWV iShares MSCI Global Min Vol Factor ETF 9.2 20 12 6.0 -1.8
AIVC Amplify Bloomberg AI Value Chain ETF 9.1 59 -27 5.9 -1.9
INDF Nifty India Financials ETF 8.9 75 -43 6.4 -1.4
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 8.5 90 -58 7.7 -0.2
JIG JPMorgan International Growth ETF 8.3 55 -23 4.7 -3.1
IQDY FlexShares International Quality Dividend Dynamic Index Fund 8.0 47 -15 8.5 +0.7
VPL Vanguard FTSE Pacific ETF 7.9 7 25 7.3 -0.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 7.8 30 2 8.1 +0.3
IXN iShares Global Tech ETF 7.8 41 -9 3.8 -4.0
CGXU Capital Group International Focus Equity ETF 7.7 54 -22 5.8 -2.0
IQDF FlexShares International Quality Dividend Index Fund 7.6 47 -15 9.3 +1.5
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 7.6 80 -48 9.6 +1.8
FLLA Franklin FTSE Latin America ETF 7.6 19 13 14.0 +6.2
KSA iShares MSCI Saudi Arabia ETF 7.3 74 -42 0.0 -7.8
NXTG First Trust Indxx NextG ETF 7.3 70 -38 5.3 -2.5
FLSA Franklin FTSE Saudi Arabia ETF 7.2 39 -7 0.0 -7.8
IWTR iShares MSCI Water Management Multisector ETF 7.1 47 -15 5.7 -2.1
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 7.0 60 -28 10.2 +2.3
FEM First Trust Emerging Markets AlphaDEX Fund 6.9 80 -48 12.2 +4.4
GLIN VanEck India Growth Leaders ETF 6.2 77 -45 6.4 -1.4
FBOT Fidelity Disruptive Automation ETF 6.1 50 -18 3.7 -4.2
WRND IQ Global Equity R&D Leaders ETF 5.9 18 14 8.4 +0.6
CHAT Roundhill Generative AI & Technology ETF 5.7 75 -43 7.8 -0.0
AGQI First Trust Active Global Quality Income ETF 5.5 85 -53 5.3 -2.5
FLN First Trust Latin America AlphaDEX Fund 5.5 80 -48 10.8 +3.0
WTAI WisdomTree Artificial Intelligence and Innovation Fund 5.4 45 -13 2.8 -5.0
FMET Fidelity Metaverse ETF 5.3 39 -7 4.7 -3.1
EYLD Cambria Emerging Shareholder Yield ETF 5.3 66 -34 12.3 +4.5
CARZ First Trust NASDAQ Global Auto Index Fund 5.3 70 -38 5.1 -2.7
ACWI iShares MSCI ACWI ETF 5.3 32 0 5.7 -2.1
DEW WisdomTree Global High Dividend Fund 5.3 58 -26 8.7 +0.9
AIQ Global X Artificial Intelligence & Technology ETF 5.2 68 -36 3.8 -4.0
WWJD Inspire International ETF 5.2 80 -48 7.3 -0.5
DSTX Distillate International Fundamental Stability & Value ETF 5.2 55 -23 8.3 +0.5
EWZ iShares MSCI Brazil ETF 5.1 58 -26 13.6 +5.8
CRBN iShares MSCI ACWI Low Carbon Target ETF 5.1 20 12 5.8 -2.0
RODE Hartford Multifactor Diversified International ETF 5.0 29 3 12.7 +4.9
INCO Columbia India Consumer ETF 5.0 75 -43 1.9 -5.9
JSTC Adasina Social Justice All Cap Global ETF 4.9 89 -57 4.8 -3.0
ICOW Pacer Developed Markets International Cash Cows 100 ETF 4.9 65 -33 11.7 +3.9
FLBR Franklin FTSE Brazil ETF 4.9 19 13 15.8 +8.0
FNDF Schwab Fundamental International Large Co. Index ETF 4.8 25 7 9.7 +1.9
FILL iShares MSCI Global Energy Producers ETF 4.7 39 -7 12.0 +4.2
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 4.6 46 -14 10.4 +2.6
VIGI Vanguard International Dividend Appreciation ETF 4.6 10 22 6.3 -1.5
VT Vanguard Total World Stock ETF 4.6 6 26 6.0 -1.8
GTEK Goldman Sachs Future Tech Leaders Equity ETF 4.6 75 -43 3.1 -4.7
ILF iShares Latin America 40 ETF 4.6 48 -16 13.5 +5.7
KLMT Invesco MSCI Global Climate 500 ETF 4.5 10 22 5.9 -1.9
ECOW Pacer Emerging Markets Cash Cows 100 ETF 4.5 70 -38 14.6 +6.8
EDIV SPDR S&P Emerging Markets Dividend ETF 4.5 49 -17 11.9 +4.1
BLES Inspire Global Hope ETF 4.4 61 -29 6.9 -1.0
IMFL Invesco International Developed Dynamic Multifactor ETF 4.3 34 -2 6.0 -1.8
FEOE First Eagle Overseas Equity ETF 4.3 79 -47 8.3 +0.5
DTCR Global X Data Center & Digital Infrastructure ETF 4.3 50 -18 4.3 -3.5
GLOF iShares Global Equity Factor ETF 4.3 20 12 6.7 -1.1
DINT Davis Select International ETF 4.2 55 -23 8.1 +0.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 4.2 45 -13 9.0 +1.2
SCHY Schwab International Dividend Equity ETF 4.1 14 18 9.7 +1.8
CLNR IQ Cleaner Transport ETF 4.1 45 -13 6.6 -1.2
LEGR First Trust Indxx Innovative Transaction & Process ETF 4.0 65 -33 7.4 -0.4
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 4.0 12 20 5.2 -2.6
UMMA Wahed Dow Jones Islamic World ETF 4.0 65 -33 5.1 -2.7
IGPT Invesco AI and Next Gen Software ETF 3.9 60 -28 4.1 -3.7
VIDI Vident International Equity Strategy ETF 3.9 61 -29 11.4 +3.6
DVYE iShares Emerging Markets Dividend ETF 3.8 49 -17 18.9 +11.1
PICK iShares MSCI Global Metals & Mining Producers ETF 3.7 39 -7 13.7 +5.9
AFK VanEck Africa Index ETF 3.6 98 -66 11.8 +4.0
IGRO iShares International Dividend Growth ETF 3.6 15 17 7.3 -0.5
HFXI IQ FTSE International Equity Currency Neutral ETF 3.6 20 12 7.3 -0.6
SDEM Global X MSCI SuperDividend Emerging Markets ETF 3.5 67 -35 13.9 +6.1
XT iShares Exponential Technologies ETF 3.5 46 -14 4.8 -3.0
FDT First Trust Developed Markets ex-US AlphaDEX Fund 3.4 80 -48 10.0 +2.2
MOTI VanEck Morningstar International Moat ETF 3.4 58 -26 11.2 +3.4
GVAL Cambria Global Value ETF 3.3 68 -36 11.1 +3.3
SCHF Schwab International Equity ETF 3.3 6 26 7.5 -0.4
UIVM VictoryShares International Value Momentum ETF 3.3 35 -3 9.0 +1.2
DWLD Davis Select Worldwide ETF 3.3 63 -31 7.5 -0.3
FEGE First Eagle Global Equity ETF 3.3 79 -47 7.1 -0.8
DGIN VanEck Digital India ETF 3.3 71 -39 2.0 -5.8
EZA iShares MSCI South Africa ETF 3.1 58 -26 10.7 +2.9
OAIM OneAscent International Equity ETF 3.0 95 -63 5.7 -2.1
VEA Vanguard FTSE Developed Markets ETF 3.0 3 29 7.4 -0.4
AIS VistaShares Artificial Intelligence Supercycle ETF 3.0 75 -43 3.6 -4.3
QTUM Defiance Quantum ETF 2.9 40 -8 5.4 -2.5
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 2.7 65 -33 2.2 -5.6
ASEA Global X FTSE Southeast Asia ETF 2.7 65 -33 7.1 -0.7
EWW iShares MSCI Mexico ETF 2.7 50 -18 10.5 +2.7
JPIN J.P. Morgan Diversified Return International Equity ETF 2.7 37 -5 8.7 +0.8
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 2.6 60 -28 7.2 -0.7
FDTX Fidelity Disruptive Technology ETF 2.6 50 -18 2.6 -5.2
FLMX Franklin FTSE Mexico ETF 2.5 19 13 10.9 +3.1
COPY Tweedy, Browne Insider + Value ETF 2.4 80 -48 11.9 +4.1
MOTG VanEck Morningstar Global Wide Moat ETF 2.4 52 -20 6.7 -1.1
ADIV SmartETFs Asia Pacific Dividend Builder ETF 2.3 78 -46 9.3 +1.5
TPIF Timothy Plan International ETF 2.3 62 -30 6.3 -1.5
IPAV Global X Infrastructure Development ex-U.S. ETF 2.2 55 -23 7.6 -0.2
LOUP Innovator Deepwater Frontier Tech ETF 2.2 70 -38 1.1 -6.7
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 2.0 24 8 7.6 -0.2
FDNI First Trust Dow Jones International Internet ETF 2.0 65 -33 18.2 +10.4
CIL VictoryShares International Volatility Wtd ETF 2.0 45 -13 6.7 -1.1
IDHQ Invesco S&P International Developed High Quality ETF 1.9 29 3 6.7 -1.1
ARTY iShares Future AI & Tech ETF 1.9 47 -15 3.2 -4.6
SPDW SPDR Portfolio Developed World ex-US ETF 1.8 3 29 7.3 -0.6
UAE iShares MSCI UAE ETF 1.8 59 -27 0.0 -7.8
RGEF Rockefeller Global Equity ETF 1.8 55 -23 4.9 -2.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.7 9 23 5.9 -1.9
IDX VanEck Indonesia Index ETF 1.7 57 -25 9.1 +1.3
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 1.7 86 -54 13.3 +5.5
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 1.7 86 -54 0.8 -7.0
ICOP iShares Copper and Metals Mining ETF 1.6 47 -15 9.1 +1.3
ISHP First Trust Nasdaq Retail ETF 1.6 60 -28 5.2 -2.6
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 1.6 80 -48 4.9 -3.0
CCNR ALPS CoreCommodity Natural Resources ETF 1.6 39 -7 11.6 +3.8
GMET VanEck Green Metals ETF 1.6 63 -31 9.4 +1.6
JGLO JPMorgan Global Select Equity ETF 1.6 33 -1 4.9 -2.9
ROBO ROBO Global Robotics & Automation Index ETF 1.5 95 -63 3.5 -4.3
IXG iShares Global Financials ETF 1.5 42 -10 6.8 -1.0
EPOL iShares MSCI Poland ETF 1.5 59 -27 11.0 +3.2
OBOR KraneShares MSCI One Belt One Road Index ETF 1.5 79 -47 8.7 +0.9
EIDO iShares MSCI Indonesia ETF 1.5 59 -27 9.8 +2.0
DMAT Global X Disruptive Materials ETF 1.4 59 -27 9.1 +1.3
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 1.4 85 -53 9.9 +2.1
DGT SPDR Global Dow ETF 1.4 50 -18 7.3 -0.5
IDAT iShares Future Cloud 5G and Tech ETF 1.4 47 -15 4.7 -3.1
METV Roundhill Ball Metaverse ETF 1.3 59 -27 5.2 -2.6
RCGE RockCreek Global Equality ETF 1.3 95 -63 6.4 -1.4
SNSR Global X Internet of Things ETF 1.2 68 -36 4.5 -3.3
MXI iShares Global Materials ETF 1.2 41 -9 8.0 +0.2
FCLD Fidelity Cloud Computing ETF 1.2 39 -7 3.2 -4.7
TTAI FCF International Quality ETF 1.2 59 -27 7.0 -0.8
SDIV Global X Superdividend ETF 1.2 58 -26 39.9 +32.1
IDV iShares International Select Dividend ETF 1.1 51 -19 11.0 +3.2
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.1 56 -24 11.0 +3.2
EWM iShares MSCI Malaysia ETF 1.0 50 -18 7.2 -0.6
SDG iShares MSCI Global Sustainable Development Goals ETF 1.0 49 -17 6.2 -1.6
HAP VanEck Natural Resources ETF 1.0 50 -18 9.7 +1.9
OCEN IQ Clean Oceans ETF 1.0 45 -13 6.3 -1.6
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.0 45 -13 4.5 -3.3
BATT Amplify Lithium & Battery Technology ETF 1.0 59 -27 3.6 -4.2
BRAZ Global X Brazil Active ETF 1.0 75 -43 13.2 +5.3
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.0 49 -17 7.0 -0.8
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.9 47 -15 5.9 -1.9
CGGO Capital Group Global Growth Equity ETF 0.9 47 -15 4.7 -3.1
DWX SPDR S&P International Dividend ETF 0.9 45 -13 6.3 -1.5
GINN Goldman Sachs Innovate Equity ETF 0.9 52 -20 3.7 -4.1
DRIV Global X Autonomous & Electric Vehicles ETF 0.9 68 -36 5.4 -2.5
FNDC Schwab Fundamental International Small Co. Index ETF 0.9 39 -7 5.9 -1.9
PBD Invesco Global Clean Energy ETF 0.8 75 -43 0.5 -7.3
IBAT iShares Energy Storage & Materials ETF 0.8 47 -15 5.3 -2.5
IXP iShares Global Comm Services ETF 0.8 42 -10 5.7 -2.1
FTAG First Trust Indxx Global Agriculture ETF 0.8 70 -38 8.4 +0.6
KXI iShares Global Consumer Staples ETF 0.8 41 -9 5.6 -2.2
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.8 12 20 8.1 +0.2
QAT iShares MSCI Qatar ETF 0.8 59 -27 47.4 +39.6
INQQ India Internet & Ecommerce ETF 0.7 86 -54 1.2 -6.6
SOCL Global X Social Media ETF 0.7 65 -33 7.9 +0.1
KPOP KPOP and Korean Entertainment ETF 0.7 75 -43 2.4 -5.5
IOO iShares Global 100 ETF 0.7 41 -9 4.9 -2.9
FEP First Trust Europe AlphaDEX Fund 0.7 80 -48 9.3 +1.5
RXI iShares Global Consumer Discretionary ETF 0.6 41 -9 9.2 +1.4
CGGR Capital Group Growth ETF 0.6 39 -7 3.2 -4.6
MOTO SmartETFs Smart Transportation & Technology ETF 0.6 68 -36 7.2 -0.6
OSEA Harbor International Compounders ETF 0.6 55 -23 4.7 -3.1
IXJ iShares Global Healthcare ETF 0.6 42 -10 7.3 -0.5
GSFP Goldman Sachs Future Planet Equity ETF 0.6 75 -43 4.6 -3.2
URA Global X Uranium ETF 0.6 69 -37 1.7 -6.1
IDRV iShares Self-driving EV & Tech ETF 0.5 47 -15 1.6 -6.3
VEGI iShares MSCI Agriculture Producers ETF 0.5 39 -7 8.7 +0.9
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.5 58 -26 4.7 -3.1
EDOG ALPS Emerging Sector Dividend Dogs ETF 0.5 60 -28 11.0 +3.2
FID First Trust S&P International Dividend Aristocrats ETF 0.5 60 -28 8.1 +0.3
WDIV SPDR S&P Global Dividend ETF 0.5 40 -8 9.6 +1.7
FKU First Trust United Kingdom AlphaDEX Fund 0.5 80 -48 7.4 -0.4
ICLN iShares Global Clean Energy ETF 0.5 41 -9 5.8 -2.0
EXI iShares Global Industrials ETF 0.5 42 -10 4.6 -3.3
DIVI Franklin International Core Dividend Tilt Index ETF 0.5 9 23 8.2 +0.4
BBEU JPMorgan BetaBuilders Europe ETF 0.5 9 23 7.2 -0.6
VGK Vanguard FTSE Europe ETF 0.5 6 26 7.5 -0.3
FDCF Fidelity Disruptive Communications ETF 0.5 50 -18 2.9 -4.9
CRAK VanEck Oil Refiners ETF 0.4 61 -29 14.2 +6.4
RING iShares MSCI Global Gold Miners ETF 0.4 39 -7 5.7 -2.1
EPU iShares MSCI Peru and Global Exposure ETF 0.4 59 -27 7.5 -0.3
LIVR Intelligent Livermore ETF 0.4 69 -37 6.3 -1.5
CGDG Capital Group Dividend Growers ETF 0.4 47 -15 6.2 -1.6
SPEU SPDR Portfolio Europe ETF 0.4 7 25 7.4 -0.4
FTRI First Trust Indxx Global Natural Resources Income ETF 0.4 70 -38 8.3 +0.4
IPKW Invesco International BuyBack Achievers ETF 0.4 55 -23 13.6 +5.8
FLEE Franklin FTSE Europe ETF 0.4 9 23 7.4 -0.4
ION ProShares S&P Global Core Battery Metals ETF 0.4 58 -26 11.2 +3.4
JXI iShares Global Utilities ETF 0.4 43 -11 6.0 -1.9
VCLN Virtus Duff & Phelps Clean Energy ETF 0.4 59 -27 5.5 -2.4
IQSI IQ Candriam International Equity ETF 0.4 15 17 6.8 -1.0
EPHE iShares MSCI Philippines ETF 0.4 59 -27 0.0 -7.8
ANEW ProShares MSCI Transformational Changes ETF 0.4 45 -13 6.1 -1.7
FPAG FPA Global Equity ETF 0.4 49 -17 5.8 -2.0
FPXI First Trust International Equity Opportunities ETF 0.4 70 -38 3.5 -4.4
AGNG Global X Aging Population ETF 0.4 50 -18 4.9 -2.9
SHLD Global X Defense Tech ETF 0.3 50 -18 3.4 -4.4
BINV Brandes International ETF 0.3 70 -38 9.7 +1.9
GCOW Pacer Global Cash Cows Dividend ETF 0.3 60 -28 11.0 +3.2
ESPO VanEck Video Gaming and eSports ETF 0.3 56 -24 4.2 -3.6
HERO Global X Video Games & Esports ETF 0.3 50 -18 3.9 -3.9
OND ProShares On-Demand ETF 0.3 58 -26 0.7 -7.1
ODDS Pacer BlueStar Digital Entertainment ETF 0.3 60 -28 2.0 -5.8
FDD First Trust Stoxx European Select Dividend Index Fund 0.3 58 -26 11.8 +4.0
IDOG ALPS International Sector Dividend Dogs ETF 0.3 50 -18 12.4 +4.6
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.3 39 -7 -0.9 -8.7
GSID Goldman Sachs MarketBeta International Equity ETF 0.3 20 12 7.1 -0.7
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.3 79 -47 5.1 -2.7
EV Mast Global Battery Recycling & Production ETF 0.3 65 -33 10.6 +2.8
RNRG Global X Renewable Energy Producers ETF 0.3 66 -34 5.6 -2.2
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.3 75 -43 4.8 -3.0
FEUZ First Trust Eurozone AlphaDEX ETF 0.3 80 -48 9.2 +1.4
GREK Global X MSCI Greece ETF 0.3 57 -25 10.1 +2.3
RFEU First Trust Riverfront Dynamic Europe ETF 0.3 83 -51 10.6 +2.8
BKIE BNY Mellon International Equity ETF 0.3 4 28 7.2 -0.6
IHAK iShares Cybersecurity & Tech ETF 0.3 47 -15 3.7 -4.2
CZA Invesco Zacks Mid-Cap ETF 0.2 72 -40 6.6 -1.3
JHDV John Hancock U.S. High Dividend ETF 0.2 34 -2 6.7 -1.1
SUPL ProShares Supply Chain Logistics ETF 0.2 58 -26 11.5 +3.7
IBUY Amplify Online Retail ETF 0.2 65 -33 1.3 -6.6
AQWA Global X Clean Water ETF 0.2 50 -18 5.0 -2.8
CGW Invesco S&P Global Water Index ETF 0.2 57 -25 4.7 -3.1
HELX Franklin Genomic Advancements ETF 0.2 50 -18 -0.3 -8.1
PIO Invesco Global Water ETF 0.2 75 -43 4.8 -3.0
BLLD JPMorgan Sustainable Infrastructure ETF 0.2 49 -17 6.1 -1.7
EFRA iShares Environmental Infrastructure and Industrials ETF 0.2 47 -15 5.3 -2.5
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.2 70 -38 4.7 -3.2
GOAU U.S. Global GO GOLD and Precious Metal Miners ETF 0.2 60 -28 3.9 -3.9
COPX Global X Copper Miners ETF 0.2 65 -33 8.4 +0.5
EQAL Invesco Russell 1000 Equal Weight ETF 0.2 20 12 7.0 -0.8
FNDA Schwab Fundamental US Small Co. Index ETF 0.2 25 7 8.1 +0.3
FXZ First Trust Materials AlphaDEX Fund 0.2 61 -29 10.8 +3.0
GNR SPDR S&P Global Natural Resources ETF 0.2 40 -8 11.6 +3.8
IYM iShares U.S. Basic Materials ETF 0.2 40 -8 6.6 -1.2
JMOM JPMorgan U.S. Momentum Factor ETF 0.2 12 20 4.6 -3.3
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.2 18 14 7.9 +0.1
QVAL Alpha Architect US Quantitative Value ETF 0.2 39 -7 10.0 +2.2
SFYX SoFi Next 500 ETF 0.2 0 32 6.0 -1.8
CCSO Carbon Collective Climate Solutions US Equity ETF 0.2 35 -3 1.1 -6.7
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 0.2 49 -17 4.5 -3.3
SETM Sprott Energy Transition Materials ETF 0.2 65 -33 3.3 -4.5
PTL Inspire 500 ETF 0.2 9 23 5.4 -2.4
AGMI Themes Silver Miners ETF 0.2 35 -3 6.6 -1.2
COPA Themes Copper Miners ETF 0.2 35 -3 6.6 -1.2
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 20 6.0 -1.8
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.2 39 -7 8.3 +0.5
ECH iShares MSCI Chile ETF 0.2 58 -26 9.6 +1.8
JETS U.S. Global Jets ETF 0.2 60 -28 2.6 -5.2
IQRA IQ CBRE Real Assets ETF 0.2 65 -33 5.8 -2.0
NLR VanEck Uranium+Nuclear Energy ETF 0.2 61 -29 2.0 -5.8
TMFG Motley Fool Global Opportunities ETF 0.2 85 -53 4.0 -3.8
VFQY Vanguard U.S. Quality Factor ETF 0.2 13 19 6.5 -1.3
SHPP Pacer Industrials and Logistics ETF 0.2 60 -28 8.5 +0.7
BNGE First Trust S-Network Streaming and Gaming ETF 0.2 70 -38 2.7 -5.1
NERD Roundhill Video Games ETF 0.2 50 -18 3.2 -4.6
GGME Invesco Next Gen Media and Gaming ETF 0.2 60 -28 4.2 -3.6
IVRS iShares Future Metaverse Tech and Communications ETF 0.2 47 -15 2.6 -5.3
IPOS Renaissance International IPO ETF 0.2 80 -48 9.8 +1.9
ARKF ARK Fintech Innovation ETF 0.1 75 -43 -0.5 -8.3
CTEC Global X CleanTech ETF 0.1 50 -18 2.5 -5.3
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.1 72 -40 -0.8 -8.6
LIT Global X Lithium & Battery Tech ETF 0.1 75 -43 5.3 -2.5
SMOG VanEck Low Carbon Energy ETF 0.1 61 -29 1.6 -6.3
HART IQ Healthy Hearts ETF 0.1 45 -13 6.7 -1.1
RVRB Reverb ETF 0.1 30 2 4.7 -3.2
GVLU Gotham 1000 Value ETF 0.1 50 -18 9.2 +1.3
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 22 5.3 -2.5
VYM Vanguard High Dividend Yield Index ETF 0.1 6 26 7.3 -0.5
CUT Invesco MSCI Global Timber ETF 0.1 61 -29 10.3 +2.4
ERTH Invesco MSCI Sustainable Future ETF 0.1 62 -30 3.6 -4.2
WOOD iShares Global Timber & Forestry ETF 0.1 42 -10 12.2 +4.4
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 17 5.5 -2.3
ESGG FlexShares STOXX Global ESG Select Index Fund 0.1 42 -10 5.5 -2.3
AFLG First Trust Active Factor Large Cap ETF 0.1 55 -23 6.2 -1.6
CCMG CCM Global Equity ETF 0.1 34 -2 8.7 +0.9
DFVX Dimensional US Large Cap Vector ETF 0.0 22 10 6.3 -1.5
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 -7 7.0 -0.9
IWX iShares Russell Top 200 Value ETF 0.0 20 12 6.4 -1.5
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 20 4.5 -3.3
HLAL Wahed FTSE USA Shariah ETF 0.0 50 -18 4.9 -2.9
DFIV Dimensional International Value ETF 0.0 27 5 10.1 +2.3
ILCV iShares Morningstar Value ETF 0.0 4 28 6.7 -1.1
XMAG Defiance Large Cap ex-Mag 7 ETF 0.0 35 -3 5.2 -2.6
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 23 4.8 -3.0
DUHP Dimensional US High Profitability ETF 0.0 21 11 6.4 -1.4
IWD iShares Russell 1000 Value ETF 0.0 19 13 6.6 -1.3
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 17 4.7 -3.1
VONG Vanguard Russell 1000 Growth ETF 0.0 7 25 4.5 -3.3
DFAI Dimensional International Core Equity Market ETF 0.0 18 14 7.4 -0.5
NACP Impact Shares NAACP Minority Empowerment ETF 0.0 49 -17 4.9 -2.9
DFIC Dimensional International Core Equity 2 ETF 0.0 23 9 7.7 -0.2
DIVB iShares Core Dividend ETF 0.0 5 27 7.8 -0.1
DXIV Dimensional International Vector Equity ETF 0.0 34 -2 8.0 +0.2
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.0 2 30 5.0 -2.8
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 15 7.1 -0.7
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.0 7 25 4.9 -2.9
JHML John Hancock Multifactor Large Cap ETF 0.0 29 3 5.5 -2.4
VOTE TCW Transform 500 ETF 0.0 5 27 4.9 -2.9
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 21 5.0 -2.8
IWL iShares Russell Top 200 ETF 0.0 15 17 4.7 -3.1
ILCB iShares Morningstar U.S. Equity ETF 0.0 3 29 5.0 -2.8
VONE Vanguard Russell 1000 ETF 0.0 7 25 5.0 -2.8
DFAU Dimensional US Core Equity Market ETF 0.0 12 20 5.2 -2.7
DFUS Dimensional U.S. Equity ETF 0.0 9 23 4.9 -2.9
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 7 7.4 -0.5
IWV iShares Russell 3000 ETF 0.0 20 12 4.9 -3.0
VTHR Vanguard Russell 3000 ETF 0.0 7 25 5.0 -2.8
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 15 5.7 -2.2
IWB iShares Russell 1000 ETF 0.0 15 17 4.9 -2.9
DCOR Dimensional US Core Equity 1 ETF 0.0 14 18 5.5 -2.3
EBI Longview Advantage ETF 0.0 35 -3 6.8 -1.1
DXUV Dimensional US Vector Equity ETF 0.0 28 4 6.4 -1.4
BKLC BNY Mellon US Large Cap Core Equity ETF 0.0 0 32 5.0 -2.8
ONEO SPDR Russell 1000 Momentum Focus ETF 0.0 20 12 7.2 -0.7
QDF FlexShares Quality Dividend Index Fund 0.0 37 -5 6.4 -1.4
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.0 25 7 5.8 -2.0
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.0 29 3 4.5 -3.3
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 14 5.5 -2.3
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 3 6.6 -1.3
QDEF FlexShares Quality Dividend Defensive Index Fund 0.0 37 -5 6.2 -1.6
DIHP Dimensional International High Profitability ETF 0.0 29 3 7.3 -0.5

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:		 Strive Emerging Markets Ex-China ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 14.7 %
Divided by: Fwd. P/BV 1.8 x
Less: Expense ratio 32 bp
Equals: ALTAR Score 7.8 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.49 CATEGORY
AVERAGE		 1.50
 
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.