Strive Emerging Markets Ex-China ETF
ALTAR
Score™		 7.0% info Recommen-
dation		 NEUTRAL
2024E    2025E
P/E
ratio		 13.9x P/Sales
ratio		 1.9x
P/BV
ratio		 2.0x Div.
yield		 2.9%


  • 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) $86
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 254
Wgt avg mkt cap (mns) $224,653
Large cap (>$10bn) 91.6%
Mid cap ($2-10bn) 7.1%
Small cap (<$2bn) 0.0%
Developed mkts 0.4%
Emerging mkts 99.6%

TOP TEN HOLDINGS
TAIWAN SEMICONDUCTOR MANUFAC 11.2 %
SAMSUNG ELECTRONICS CO LTD 6.8 %
SAUDI ARABIAN OIL COMPANY (SAUDI A 4.2 %
HDFC BANK LIMITED 2.9 %
RELIANCE INDUSTRIES LTD 2.3 %
AL RAJHI BANK 1.9 %
ICICI BANK LTD 1.8 %
HYNIX SEMICONDUCTOR INC 1.4 %
INFOSYS TECHNOLOGIES LTD 1.2 %
HON HAI PRECISION INDUSTRY 1.1 %
Total 34.9 %

TOP COUNTRY EXPOSURE
INDIA 26.2 %
TAIWAN 20.9 %
SOUTH KOREA 15.5 %
SAUDI ARABIA 11.2 %
BRAZIL 6.6 %
MEXICO 3.2 %
SOUTH AFRICA 2.7 %
INDONESIA 2.4 %
UAE 2.0 %
THAILAND 1.9 %

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.
0.3% 15.0% -- -- 16.1%

Market Correlations
versus... Beta R-squared
S&P500 1.04 88%
MSCI EAFE 0.94 90%
MSCI Emg. Mkts. 0.93 93%

Technical Indicators
Recent close $27.78
30d moving avg. $26.04
Annualized volatility 14.6%
Short interest (ETF) 1.4%
Relative strength (RSI) 72

Liquidity measures
Avg. volume (thou.) 13
Turnover 0.4%
Bid/Ask (% of price) 0.41%
ADV underlying (mns) $15,057

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 403 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™: 7.0%


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 70.8 25 7 6.7 -0.2
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 62.3 24 8 7.2 +0.2
XC WisdomTree Emerging Markets Ex-China Fund 59.3 32 0 6.2 -0.7
XCEM Columbia EM Core ex-China ETF 56.8 16 16 7.4 +0.4
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 56.7 30 2 7.6 +0.7
EMDM First Trust Bloomberg Emerging Market Democracies ETF 54.1 75 -43 9.8 +2.8
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 54.0 66 -34 7.4 +0.4
JHEM John Hancock Multifactor Emerging Markets ETF 53.9 49 -17 8.5 +1.5
BKEM BNY Mellon Emerging Markets Equity ETF 53.3 11 21 7.8 +0.9
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 53.0 36 -4 7.6 +0.6
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 52.9 15 17 7.2 +0.2
EEMA iShares MSCI Emerging Markets Asia ETF 52.5 49 -17 6.8 -0.1
AAXJ iShares MSCI All Country Asia ex Japan ETF 48.2 70 -38 6.5 -0.5
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 46.6 32 0 6.4 -0.6
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 46.3 45 -13 8.7 +1.8
SCHE Schwab Emerging Markets Equity ETF 45.8 11 21 7.7 +0.8
FLAX Franklin FTSE Asia Ex Japan ETF 44.8 19 13 7.3 +0.4
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 44.8 20 12 7.7 +0.7
EEM iShares MSCI Emerging Markets ETF 44.6 69 -37 7.1 +0.1
ESGE iShares ESG Aware MSCI EM ETF 44.3 25 7 7.8 +0.9
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 43.6 32 0 7.7 +0.7
EMXF iShares ESG Advanced MSCI EM ETF 43.6 16 16 7.6 +0.6
EMGF iShares Emerging Markets Equity Factor ETF 42.3 25 7 8.8 +1.8
DFAE Dimensional Emerging Core Equity Market ETF 41.9 35 -3 7.8 +0.9
IEMG iShares Core MSCI Emerging Markets ETF 41.7 9 23 7.7 +0.7
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 41.2 33 -1 7.3 +0.3
VWO Vanguard FTSE Emerging Markets ETF 40.4 8 24 7.7 +0.8
LDEM iShares ESG MSCI EM Leaders ETF 38.8 17 15 7.9 +1.0
SPEM SPDR Portfolio Emerging Markets ETF 35.8 7 25 7.6 +0.7
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 35.4 30 2 8.7 +1.7
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 35.3 39 -7 12.8 +5.9
PXH Invesco FTSE RAFI Emerging Markets ETF 34.8 49 -17 12.7 +5.8
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 33.7 18 14 8.0 +1.0
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 33.1 50 -18 10.7 +3.7
DEHP Dimensional Emerging Markets High Profitability ETF 32.9 41 -9 7.4 +0.5
DFEM Dimensional Emerging Markets Core Equity 2 ETF 32.0 38 -6 8.4 +1.4
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 31.8 88 -56 6.3 -0.7
NUEM Nuveen ESG Emerging Markets Equity ETF 31.8 36 -4 6.9 -0.0
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 31.7 59 -27 9.7 +2.8
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 28.8 41 -9 7.9 +1.0
EMMF WisdomTree Emerging Markets Multifactor Fund 28.8 48 -16 9.4 +2.5
RNEM First Trust Emerging Markets Equity Select ETF 28.7 75 -43 8.4 +1.5
AIA iShares Asia 50 ETF 28.3 50 -18 7.1 +0.1
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 27.0 95 -63 11.6 +4.7
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 26.3 40 -8 7.2 +0.3
GMF SPDR S&P Emerging Asia Pacific ETF 25.9 49 -17 6.5 -0.5
INDA iShares MSCI India ETF 25.4 65 -33 3.7 -3.2
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 25.2 44 -12 10.4 +3.4
FLIN Franklin FTSE India ETF 25.1 19 13 5.3 -1.6
ROAM Hartford Multifactor Emerging Markets ETF 25.0 44 -12 11.8 +4.9
DFEV Dimensional Emerging Markets Value ETF 24.7 43 -11 11.1 +4.1
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 24.3 25 7 7.1 +0.1
BKF iShares MSCI BIC ETF 23.9 69 -37 7.4 +0.4
MINV Matthews Asia Innovators Active ETF 23.9 79 -47 2.9 -4.0
EPI WisdomTree India Earnings Fund 23.4 85 -53 6.8 -0.2
INDY iShares India 50 ETF 22.1 89 -57 3.8 -3.1
PIN Invesco India ETF 22.1 78 -46 3.9 -3.1
NFTY First Trust India NIFTY 50 Equal Weight ETF 21.8 80 -48 6.3 -0.6
FRDM Freedom 100 Emerging Markets ETF 21.7 49 -17 7.4 +0.4
EWT iShares MSCI Taiwan ETF 20.9 58 -26 5.7 -1.2
FLTW Franklin FTSE Taiwan ETF 20.9 19 13 6.0 -1.0
AVEM Avantis Emerging Markets Equity ETF 20.8 33 -1 9.3 +2.4
FDEM Fidelity Emerging Markets Multifactor ETF 20.3 25 7 12.1 +5.2
EEMO Invesco S&P Emerging Markets Momentum ETF 19.1 29 3 6.3 -0.7
EMC Global X Emerging Markets Great Consumer ETF 18.1 75 -43 5.0 -2.0
KNCT Invesco Next Gen Connectivity ETF 17.5 40 -8 5.9 -1.0
EELV Invesco S&P Emerging Markets Low Volatility ETF 16.8 29 3 8.3 +1.4
AVES Avantis Emerging Markets Value ETF 15.7 36 -4 12.3 +5.3
FLKR Franklin FTSE South Korea ETF 15.3 9 23 9.5 +2.5
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 14.7 41 -9 6.8 -0.2
VSGX Vanguard ESG International Stock ETF 14.7 12 20 6.9 -0.1
ACWX iShares MSCI ACWI ex U.S. ETF 14.7 34 -2 6.8 -0.1
EWY iShares MSCI South Korea ETF 14.6 58 -26 8.6 +1.7
EMM Global X Emerging Markets ex-China ETF 14.5 75 -43 3.7 -3.2
DEM WisdomTree Emerging Markets High Dividend Fund 13.7 63 -31 13.0 +6.0
MEM Matthews Emerging Markets Equity Active ETF 13.6 79 -47 5.9 -1.1
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 13.6 42 -10 6.9 -0.1
VXUS Vanguard Total International Stock ETF 13.3 7 25 7.2 +0.3
VEU Vanguard FTSE All-World ex-US Index Fund 13.2 8 24 7.3 +0.3
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 12.9 20 12 10.9 +4.0
IXUS iShares Core MSCI Total International Stock ETF 12.9 7 25 7.0 +0.1
VYMI Vanguard International High Dividend Yield ETF 12.6 22 10 9.9 +2.9
KSA iShares MSCI Saudi Arabia ETF 11.2 74 -42 5.4 -1.5
FLSA Franklin FTSE Saudi Arabia ETF 11.2 39 -7 5.6 -1.3
FEM First Trust Emerging Markets AlphaDEX Fund 10.6 80 -48 16.5 +9.6
NDIA Global X India Active ETF 10.4 75 -43 6.6 -0.3
FLLA Franklin FTSE Latin America ETF 9.8 19 13 11.9 +4.9
CWI SPDR MSCI ACWI ex-US ETF 9.4 30 2 6.9 -0.0
VPL Vanguard FTSE Pacific ETF 9.0 8 24 7.0 +0.0
CGXU Capital Group International Focus Equity ETF 8.9 54 -22 4.2 -2.8
DFAX Dimensional World ex U.S. Core Equity 2 ETF 8.8 30 2 7.9 +0.9
IWTR iShares MSCI Water Management Multisector ETF 8.7 47 -15 4.9 -2.1
ACWV iShares MSCI Global Min Vol Factor ETF 8.6 20 12 6.8 -0.2
INDF Nifty India Financials ETF 8.4 75 -43 6.1 -0.8
IXN iShares Global Tech ETF 8.3 41 -9 4.3 -2.6
DEW WisdomTree Global High Dividend Fund 7.4 58 -26 9.3 +2.4
NXTG First Trust Indxx NextG ETF 7.1 70 -38 6.1 -0.9
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 7.0 90 -58 6.8 -0.2
IQDF FlexShares International Quality Dividend Index Fund 6.9 47 -15 10.9 +3.9
UEVM VictoryShares Emerging Markets Value Momentum ETF 6.9 45 -13 12.9 +5.9
FLN First Trust Latin America AlphaDEX Fund 6.8 80 -48 11.2 +4.2
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 6.8 60 -28 1.0 -5.9
EWZ iShares MSCI Brazil ETF 6.6 58 -26 12.1 +5.2
FLBR Franklin FTSE Brazil ETF 6.6 19 13 12.7 +5.7
CARZ First Trust NASDAQ Global Auto Index Fund 6.6 70 -38 3.5 -3.5
ECON Columbia Emerging Markets Consumer ETF 6.5 49 -17 4.9 -2.1
RODE Hartford Multifactor Diversified International ETF 6.3 29 3 11.7 +4.8
GGME Invesco Next Gen Media and Gaming ETF 6.2 60 -28 4.0 -2.9
WWJD Inspire International ETF 6.1 80 -48 7.2 +0.3
DINT Davis Select International ETF 6.0 55 -23 5.0 -2.0
VIGI Vanguard International Dividend Appreciation ETF 5.9 15 17 5.6 -1.3
VIDI Vident International Equity Strategy ETF 5.8 61 -29 12.1 +5.2
WRND IQ Global Equity R&D Leaders ETF 5.6 18 14 7.2 +0.2
ACWI iShares MSCI ACWI ETF 5.6 32 0 5.5 -1.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 5.6 20 12 5.7 -1.3
IQDE FlexShares International Quality Dividend Defensive Index ET 5.5 47 -15 10.9 +3.9
EDIV SPDR S&P Emerging Markets Dividend ETF 5.5 49 -17 11.1 +4.1
IQDY FlexShares International Quality Dividend Dynamic Index Fund 5.4 47 -15 10.4 +3.4
FNDF Schwab Fundamental International Large Co. Index ETF 5.3 25 7 9.2 +2.3
FILL iShares MSCI Global Energy Producers ETF 5.2 39 -7 9.3 +2.3
CHAT Roundhill Generative AI & Technology ETF 5.2 75 -43 4.2 -2.8
INCO Columbia India Consumer ETF 5.1 75 -43 1.7 -5.3
GLIN VanEck India Growth Leaders ETF 5.1 77 -45 5.4 -1.5
BLES Inspire Global Hope ETF 4.9 61 -29 6.4 -0.6
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 4.9 80 -48 10.3 +3.4
FMET Fidelity Metaverse ETF 4.9 39 -7 4.4 -2.6
FBZ First Trust Brazil AlphaDEX Fund 4.8 80 -48 12.0 +5.1
GBUY Goldman Sachs Future Consumer Equity ETF 4.8 75 -43 3.1 -3.8
UMMA Wahed Dow Jones Islamic World ETF 4.8 65 -33 4.4 -2.6
VT Vanguard Total World Stock ETF 4.8 7 25 5.9 -1.1
AIQ Global X Artificial Intelligence & Technology ETF 4.7 68 -36 4.1 -2.8
DSTX Distillate International Fundamental Stability & Value ETF 4.7 55 -23 8.1 +1.2
ILF iShares Latin America 40 ETF 4.7 48 -16 10.5 +3.5
LEGR First Trust Indxx Innovative Transaction & Process ETF 4.6 65 -33 8.6 +1.6
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 4.5 12 20 5.1 -1.9
DWLD Davis Select Worldwide ETF 4.5 63 -31 5.8 -1.2
GLOF iShares Global Equity Factor ETF 4.4 20 12 7.1 +0.1
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 4.3 46 -14 9.0 +2.0
IGRO iShares International Dividend Growth ETF 4.3 15 17 7.2 +0.3
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 4.3 86 -54 2.1 -4.9
HFXI IQ FTSE International Equity Currency Neutral ETF 4.2 20 12 6.9 -0.1
ECOW Pacer Emerging Markets Cash Cows 100 ETF 4.1 70 -38 11.4 +4.4
SCHY Schwab International Dividend Equity ETF 4.1 14 18 9.4 +2.4
CLNR IQ Cleaner Transport ETF 3.9 45 -13 8.3 +1.4
XT iShares Exponential Technologies ETF 3.9 46 -14 3.9 -3.1
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 3.7 45 -13 8.6 +1.7
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 3.7 86 -54 2.0 -5.0
SCHF Schwab International Equity ETF 3.7 6 26 7.1 +0.1
UIVM VictoryShares International Value Momentum ETF 3.7 35 -3 10.8 +3.9
GVAL Cambria Global Value ETF 3.6 68 -36 12.6 +5.6
FDT First Trust Developed Markets ex-US AlphaDEX Fund 3.6 80 -48 10.9 +3.9
MOTI VanEck Morningstar International Moat ETF 3.5 58 -26 7.1 +0.2
JSTC Adasina Social Justice All Cap Global ETF 3.5 89 -57 4.8 -2.1
METV Roundhill Ball Metaverse ETF 3.4 59 -27 3.4 -3.6
VEA Vanguard FTSE Developed Markets ETF 3.4 5 27 7.1 +0.1
EYLD Cambria Emerging Shareholder Yield ETF 3.3 66 -34 12.2 +5.2
TPIF Timothy Plan International ETF 3.3 62 -30 6.8 -0.1
FLMX Franklin FTSE Mexico ETF 3.2 19 13 10.9 +4.0
SDEM Global X MSCI SuperDividend Emerging Markets ETF 3.2 67 -35 17.2 +10.2
WTAI WisdomTree Artificial Intelligence and Innovation Fund 3.2 45 -13 1.4 -5.6
ASEA Global X FTSE Southeast Asia ETF 3.2 65 -33 6.6 -0.3
PICK iShares MSCI Global Metals & Mining Producers ETF 3.2 39 -7 10.9 +4.0
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 3.1 60 -28 10.0 +3.1
EWW iShares MSCI Mexico ETF 3.1 50 -18 9.8 +2.8
INQQ India Internet & Ecommerce ETF 3.1 86 -54 11.0 +4.0
DVYE iShares Emerging Markets Dividend ETF 3.1 49 -17 16.8 +9.8
JPIN J.P. Morgan Diversified Return International Equity ETF 3.0 37 -5 8.8 +1.9
EDOG ALPS Emerging Sector Dividend Dogs ETF 3.0 60 -28 14.9 +7.9
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 2.7 51 -19 6.9 -0.1
CIL VictoryShares International Volatility Wtd ETF 2.7 45 -13 7.0 +0.0
BTEK Future Tech ETF 2.6 88 -56 2.1 -4.9
CGGO Capital Group Global Growth Equity ETF 2.5 47 -15 4.3 -2.6
MOTG VanEck Morningstar Global Wide Moat ETF 2.5 52 -20 5.9 -1.1
GTEK Goldman Sachs Future Tech Leaders Equity ETF 2.5 75 -43 3.2 -3.8
DGIN VanEck Digital India ETF 2.5 71 -39 1.6 -5.3
IMFL Invesco International Developed Dynamic Multifactor ETF 2.3 34 -2 10.7 +3.7
AFK VanEck Africa Index ETF 2.3 98 -66 10.0 +3.0
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 2.2 24 8 8.7 +1.7
IDX VanEck Indonesia Index ETF 2.2 57 -25 8.0 +1.0
JIG JPMorgan International Growth ETF 2.2 55 -23 4.4 -2.6
MXI iShares Global Materials ETF 2.1 41 -9 6.6 -0.3
EIDO iShares MSCI Indonesia ETF 2.1 59 -27 7.5 +0.6
EEMD AAM S&P Emerging Markets High Dividend Value ETF 2.0 49 -17 19.2 +12.2
UAE iShares MSCI UAE ETF 2.0 59 -27 8.8 +1.9
BRAZ Global X Brazil Active ETF 1.9 75 -43 10.4 +3.5
EZA iShares MSCI South Africa ETF 1.9 58 -26 11.6 +4.7
DGT SPDR Global Dow ETF 1.9 50 -18 6.8 -0.2
IGPT Invesco AI and Next Gen Software ETF 1.8 60 -28 3.7 -3.2
ADIV SmartETFs Asia Pacific Dividend Builder ETF 1.8 78 -46 9.1 +2.2
BNE Blue Horizon BNE ETF 1.8 87 -55 5.1 -1.9
SPDW SPDR Portfolio Developed World ex-US ETF 1.8 3 29 7.0 +0.0
IXG iShares Global Financials ETF 1.7 42 -10 7.0 +0.1
QINT American Century Quality Diversified International ETF 1.7 39 -7 7.5 +0.6
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 1.6 45 -13 6.4 -0.6
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.6 45 -13 4.8 -2.1
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.6 61 -29 -4.2 -11.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.6 9 23 5.8 -1.2
LOUP Innovator Deepwater Frontier Tech ETF 1.4 70 -38 2.3 -4.6
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.4 65 -33 1.6 -5.3
KOIN Capital Link Global Fintech Leaders ETF 1.4 75 -43 4.7 -2.3
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 1.3 68 -36 9.1 +2.1
CGUS Capital Group Core Equity ETF 1.3 33 -1 4.7 -2.2
TTAI FCF International Quality ETF 1.3 59 -27 7.4 +0.5
IOO iShares Global 100 ETF 1.3 41 -9 4.8 -2.1
GMET VanEck Green Metals ETF 1.2 63 -31 9.8 +2.9
QTUM Defiance Quantum ETF 1.2 40 -8 4.0 -3.0
FDNI First Trust Dow Jones International Internet ETF 1.2 65 -33 3.0 -4.0
DRIV Global X Autonomous & Electric Vehicles ETF 1.2 68 -36 3.4 -3.6
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 1.2 47 -15 0.7 -6.3
ISHP First Trust Nasdaq Retail ETF 1.1 60 -28 3.2 -3.7
EPOL iShares MSCI Poland ETF 1.1 59 -27 10.8 +3.8
IDAT iShares Future Cloud 5G and Tech ETF 1.1 47 -15 4.6 -2.3
KXI iShares Global Consumer Staples ETF 1.1 41 -9 5.7 -1.2
OBOR KraneShares MSCI One Belt One Road Index ETF 1.1 79 -47 10.3 +3.3
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.1 56 -24 14.3 +7.4
SNSR Global X Internet of Things ETF 1.0 68 -36 4.4 -2.5
SATO Invesco Alerian Galaxy Crypto Economy ETF 1.0 61 -29 -14.2 -21.2
HAP VanEck Natural Resources ETF 1.0 50 -18 9.6 +2.7
MOTO SmartETFs Smart Transportation & Technology ETF 1.0 68 -36 6.8 -0.2
GCOW Pacer Global Cash Cows Dividend ETF 1.0 60 -28 13.9 +7.0
DWX SPDR S&P International Dividend ETF 1.0 45 -13 7.2 +0.3
ANEW ProShares MSCI Transformational Changes ETF 1.0 45 -13 3.4 -3.6
AGQI First Trust Active Global Quality Income ETF 0.9 85 -53 5.9 -1.0
FM iShares Frontier and Select EM ETF 0.9 80 -48 9.6 +2.6
SDG iShares MSCI Global Sustainable Development Goals ETF 0.9 49 -17 5.9 -1.1
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.9 12 20 8.8 +1.8
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.9 47 -15 6.0 -0.9
QAT iShares MSCI Qatar ETF 0.8 59 -27 9.3 +2.3
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.8 65 -33 13.0 +6.1
NTZG Nuveen Global Net Zero Transition ETF 0.8 56 -24 5.0 -2.0
IPKW Invesco International BuyBack Achievers ETF 0.8 55 -23 9.3 +2.3
EPHE iShares MSCI Philippines ETF 0.8 59 -27 9.0 +2.0
EV Mast Global Battery Recycling & Production ETF 0.8 65 -33 12.7 +5.8
SDIV Global X Superdividend ETF 0.8 58 -26 18.1 +11.1
FPXI First Trust International Equity Opportunities ETF 0.8 70 -38 3.7 -3.3
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.8 72 -40 2.1 -4.9
RXI iShares Global Consumer Discretionary ETF 0.7 41 -9 5.6 -1.3
MVPS Amplify Thematic All-Stars ETF 0.7 49 -17 1.7 -5.3
FNDC Schwab Fundamental International Small Co. Index ETF 0.7 39 -7 6.9 -0.0
OSEA Harbor International Compounders ETF 0.7 55 -23 3.8 -3.2
IXP iShares Global Comm Services ETF 0.7 42 -10 5.2 -1.8
CID VictoryShares International High Div Volatility Wtd ETF 0.7 45 -13 9.7 +2.7
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.7 58 -26 4.6 -2.3
IDV iShares International Select Dividend ETF 0.7 51 -19 12.6 +5.7
FTAG First Trust Indxx Global Agriculture ETF 0.6 70 -38 9.1 +2.2
KPOP KPOP and Korean Entertainment ETF 0.6 75 -43 -9.2 -16.1
SOCL Global X Social Media ETF 0.6 65 -33 -5.8 -12.8
GINN Goldman Sachs Innovate Equity ETF 0.6 52 -20 2.7 -4.2
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.6 79 -47 5.3 -1.7
IVRS iShares Future Metaverse Tech and Communications ETF 0.6 47 -15 -5.3 -12.3
BUYZ Franklin Disruptive Commerce ETF 0.6 50 -18 2.1 -4.9
EWM iShares MSCI Malaysia ETF 0.6 50 -18 5.8 -1.2
FID First Trust S&P International Dividend Aristocrats ETF 0.6 60 -28 10.0 +3.1
WDIV SPDR S&P Global Dividend ETF 0.6 40 -8 10.5 +3.5
IDRV iShares Self-driving EV & Tech ETF 0.5 47 -15 -0.5 -7.5
BATT Amplify Lithium & Battery Technology ETF 0.5 59 -27 2.9 -4.1
PBD Invesco Global Clean Energy ETF 0.5 75 -43 -3.8 -10.8
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.5 49 -17 6.7 -0.2
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.5 80 -48 5.7 -1.2
CGW Invesco S&P Global Water Index ETF 0.5 57 -25 3.8 -3.1
OCEN IQ Clean Oceans ETF 0.5 45 -13 5.4 -1.6
BBEU JPMorgan BetaBuilders Europe ETF 0.4 9 23 6.8 -0.1
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.4 10 22 8.2 +1.3
AGNG Global X Aging Population ETF 0.4 50 -18 4.2 -2.8
BPAY BlackRock Future Financial and Technology ETF 0.4 70 -38 8.3 +1.3
FLEE Franklin FTSE Europe ETF 0.4 9 23 7.0 +0.0
IDHQ Invesco S&P International Developed High Quality ETF 0.4 29 3 5.8 -1.1
FTRI First Trust Indxx Global Natural Resources Income ETF 0.4 70 -38 10.7 +3.8
SUPL ProShares Supply Chain Logistics ETF 0.4 58 -26 13.3 +6.3
VGK Vanguard FTSE Europe ETF 0.4 11 21 7.0 0.0
IQSI IQ Candriam International Equity ETF 0.4 15 17 6.5 -0.5
GSFP Goldman Sachs Future Planet Equity ETF 0.4 75 -43 4.6 -2.4
ROBO ROBO Global Robotics & Automation Index ETF 0.4 95 -63 2.9 -4.1
SPEU SPDR Portfolio Europe ETF 0.4 7 25 6.7 -0.3
EPU iShares MSCI Peru and Global Exposure ETF 0.4 59 -27 5.6 -1.4
SETM Sprott Energy Transition Materials ETF 0.4 65 -33 5.3 -1.7
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.4 85 -53 8.0 +1.0
CGGR Capital Group Growth ETF 0.3 39 -7 3.4 -3.5
BLLD JPMorgan Sustainable Infrastructure ETF 0.3 49 -17 6.3 -0.6
BECO BlackRock Future Climate and Sustainable Economy ETF 0.3 70 -38 14.0 +7.1
ETEC iShares Breakthrough Environmental Solutions ETF 0.3 47 -15 5.4 -1.6
SMOG VanEck Low Carbon Energy ETF 0.3 61 -29 3.1 -3.9
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.3 39 -7 -3.6 -10.5
CTEC Global X CleanTech ETF 0.3 50 -18 1.0 -6.0
LIT Global X Lithium & Battery Tech ETF 0.3 75 -43 10.0 +3.1
VEGI iShares MSCI Agriculture Producers ETF 0.3 39 -7 9.2 +2.3
CUT Invesco MSCI Global Timber ETF 0.3 61 -29 8.6 +1.6
WOOD iShares Global Timber & Forestry ETF 0.3 42 -10 9.7 +2.8
OND ProShares On-Demand ETF 0.3 58 -26 -2.5 -9.4
IWFH iShares Virtual Work and Life Multisector ETF 0.3 47 -15 -3.6 -10.5
JETS U.S. Global Jets ETF 0.3 60 -28 -15.6 -22.5
FPAG FPA Global Equity ETF 0.3 49 -17 5.7 -1.3
IXJ iShares Global Healthcare ETF 0.3 42 -10 6.2 -0.8
DIVI Franklin International Core Dividend Tilt Index ETF 0.3 9 23 8.2 +1.2
TUR iShares MSCI Turkey ETF 0.3 58 -26 19.1 +12.1
GSID Goldman Sachs MarketBeta International Equity ETF 0.3 20 12 6.8 -0.2
BKIE BNY Mellon International Equity ETF 0.2 4 28 7.0 +0.0
HELX Franklin Genomic Advancements ETF 0.2 50 -18 1.7 -5.2
IDOG ALPS International Sector Dividend Dogs ETF 0.2 50 -18 11.8 +4.9
FDD First Trust Stoxx European Select Dividend Index Fund 0.2 58 -26 13.2 +6.2
CRAK VanEck Oil Refiners ETF 0.2 61 -29 13.3 +6.4
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.2 18 14 7.7 +0.8
JHDV John Hancock U.S. High Dividend ETF 0.2 34 -2 6.6 -0.4
EQAL Invesco Russell 1000 Equal Weight ETF 0.2 20 12 6.1 -0.9
CCSO Carbon Collective Climate Solutions US Equity ETF 0.2 35 -3 2.3 -4.6
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF 0.2 69 -37 8.5 +1.5
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 0.2 49 -17 4.8 -2.2
FNDA Schwab Fundamental US Small Co. Index ETF 0.2 25 7 7.0 +0.0
VRAI Virtus Real Asset Income ETF 0.2 55 -23 8.7 +1.8
FXZ First Trust Materials AlphaDEX Fund 0.2 61 -29 10.1 +3.2
COPX Global X Copper Miners ETF 0.2 65 -33 6.9 -0.1
VUSE Vident U.S. Equity Strategy ETF 0.2 50 -18 3.7 -3.3
GNR SPDR S&P Global Natural Resources ETF 0.2 40 -8 9.3 +2.3
DMAT Global X Disruptive Materials ETF 0.2 59 -27 9.8 +2.8
IYM iShares U.S. Basic Materials ETF 0.2 40 -8 6.7 -0.2
NDIV Amplify Natural Resources Dividend Income ETF 0.2 59 -27 9.9 +2.9
ERTH Invesco MSCI Sustainable Future ETF 0.2 62 -30 3.7 -3.2
AFLG First Trust Active Factor Large Cap ETF 0.2 55 -23 6.2 -0.8
RING iShares MSCI Global Gold Miners ETF 0.2 39 -7 5.9 -1.0
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.2 39 -7 7.4 +0.5
URA Global X Uranium ETF 0.2 69 -37 3.9 -3.0
HART IQ Healthy Hearts ETF 0.2 45 -13 5.4 -1.5
RVRB Reverb ETF 0.2 30 2 5.0 -2.0
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 20 5.8 -1.2
EXI iShares Global Industrials ETF 0.2 42 -10 4.7 -2.3
USVT US Value ETF 0.2 49 -17 11.3 +4.4
CZA Invesco Zacks Mid-Cap ETF 0.2 72 -40 6.5 -0.5
JMOM JPMorgan U.S. Momentum Factor ETF 0.2 12 20 4.9 -2.1
FEUZ First Trust Eurozone AlphaDEX ETF 0.2 80 -48 8.6 +1.6
RFEU First Trust Riverfront Dynamic Europe ETF 0.2 83 -51 9.0 +2.0
GREK Global X MSCI Greece ETF 0.2 57 -25 -1.6 -8.6
FEP First Trust Europe AlphaDEX Fund 0.2 80 -48 8.9 +1.9
JRNY ALPS Global Travel Beneficiaries ETF 0.2 65 -33 0.0 -6.9
AVRE Avantis Real Estate ETF 0.2 17 15 6.8 -0.2
REET iShares Global REIT ETF 0.2 14 18 7.2 +0.3
DFGR Dimensional Global Real Estate ETF 0.2 22 10 7.2 +0.2
SRET Global X SuperDividend REIT ETF 0.2 59 -27 10.4 +3.5
RWO SPDR Dow Jones Global Real Estate ETF 0.2 50 -18 7.1 +0.1
RWX SPDR Dow Jones International Real Estate ETF 0.2 59 -27 7.2 +0.3
BLDG Cambria Global Real Estate ETF 0.2 60 -28 9.6 +2.7
ECH iShares MSCI Chile ETF 0.1 58 -26 10.7 +3.8
VYM Vanguard High Dividend Yield Index ETF 0.1 6 26 7.5 +0.5
VFMO Vanguard U.S. Momentum Factor ETF 0.1 13 19 2.8 -4.1
TMFG Motley Fool Global Opportunities ETF 0.1 85 -53 3.3 -3.6
SHPP Pacer Industrials and Logistics ETF 0.1 60 -28 9.0 +2.1
EPS WisdomTree U.S. LargeCap Fund 0.1 8 24 6.3 -0.7
SFY SoFi Select 500 ETF 0.1 0 32 5.2 -1.8
IHAK iShares Cybersecurity & Tech ETF 0.1 47 -15 3.2 -3.7
GDVD R3 Global Dividend Growth ETF 0.1 88 -56 5.9 -1.0
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.1 46 -14 5.7 -1.2
AQWA Global X Clean Water ETF 0.1 50 -18 4.4 -2.6
PIO Invesco Global Water ETF 0.1 75 -43 4.9 -2.0
EFRA iShares Environmental Infrastructure and Industrials ETF 0.1 47 -15 5.3 -1.6
MOO VanEck Agribusiness ETF 0.1 53 -21 9.4 +2.5
ICLN iShares Global Clean Energy ETF 0.1 41 -9 4.3 -2.7
RNRG Global X Renewable Energy Producers ETF 0.1 66 -34 5.0 -2.0
JXI iShares Global Utilities ETF 0.1 43 -11 6.9 -0.1
AIEQ AI Powered Equity ETF 0.1 75 -43 6.2 -0.8
BOAT SonicShares Global Shipping ETF 0.1 69 -37 30.6 +23.7
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 22 5.5 -1.5
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 17 6.0 -0.9
ZSB USCF Sustainable Battery Metals Strategy Fund 0.1 61 -29 14.6 +7.7
TEMP JPMorgan Climate Change Solutions ETF 0.1 49 -17 4.7 -2.2
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 -7 7.4 +0.4
FNDB Schwab Fundamental US Broad Market Index ETF 0.1 25 7 7.2 +0.2
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -43 4.7 -2.3
RECS Columbia Research Enhanced Core ETF 0.1 15 17 5.6 -1.3
DIVB iShares Core Dividend ETF 0.1 5 27 8.1 +1.2
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 7 7.2 +0.2
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 -10 5.2 -1.8
ILCV iShares Morningstar Value ETF 0.0 4 28 6.8 -0.2
HLAL Wahed FTSE USA Shariah ETF 0.0 50 -18 5.0 -2.0
IWY iShares Russell Top 200 Growth ETF 0.0 20 12 4.8 -2.1
IWF iShares Russell 1000 Growth ETF 0.0 19 13 4.7 -2.3
VONG Vanguard Russell 1000 Growth ETF 0.0 8 24 4.8 -2.2
ONEO SPDR Russell 1000 Momentum Focus ETF 0.0 20 12 7.2 +0.3
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 23 5.1 -1.9
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 15 7.2 +0.2
VFMF Vanguard U.S. Multifactor ETF 0.0 18 14 8.8 +1.9
IWL iShares Russell Top 200 ETF 0.0 15 17 5.0 -1.9
NACP Impact Shares NAACP Minority Empowerment ETF 0.0 49 -17 5.0 -2.0
JHML John Hancock Multifactor Large Cap ETF 0.0 29 3 5.7 -1.3
ILCB iShares Morningstar U.S. Equity ETF 0.0 3 29 5.3 -1.7
IWB iShares Russell 1000 ETF 0.0 15 17 5.2 -1.8
DFAU Dimensional US Core Equity Market ETF 0.0 12 20 5.4 -1.6
VONE Vanguard Russell 1000 ETF 0.0 8 24 5.3 -1.7
DFUS Dimensional U.S. Equity ETF 0.0 9 23 5.2 -1.8
VTHR Vanguard Russell 3000 ETF 0.0 10 22 5.1 -1.8
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 15 5.7 -1.2
IWV iShares Russell 3000 ETF 0.0 20 12 5.0 -1.9
DUHP Dimensional US High Profitability ETF 0.0 21 11 7.0 +0.1
GVLU Gotham 1000 Value ETF 0.0 50 -18 7.6 +0.6
VOTE TCW Transform 500 ETF 0.0 5 27 5.2 -1.7
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.0 7 25 5.2 -1.7
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.0 2 30 5.3 -1.7
BKLC BNY Mellon US Large Cap Core Equity ETF 0.0 0 32 5.3 -1.7
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 21 5.3 -1.7
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 14 5.7 -1.2
NANC Unusual Whales Subversive Democratic Trading ETF 0.0 75 -43 3.8 -3.2
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.0 25 7 5.7 -1.2
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 3 6.3 -0.6
EWX SPDR S&P Emerging Markets Small Cap ETF 0.0 65 -33 7.7 +0.8
IPOS Renaissance International IPO ETF 0.0 80 -48 -168.7 -175.7

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

Content on this tab for subscribers only**

RESULTS & ESTIMATES

  2019 2020 2021 2022 2023 2024E 2025E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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

NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 14.0 %
Divided by: Fwd. P/BV 1.9 x
Less: Expense ratio 32 bp
Equals: ALTAR Score 7.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.41 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.