Strive Emerging Markets Ex-China ETF
ALTAR
Score™		 8.0% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 13.0x P/Sales
ratio		 1.5x
P/BV
ratio		 1.8x Div.
yield		 2.7%


  • 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) $94
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 245
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 11.9 %
SAMSUNG ELECTRONICS CO LTD 4.4 %
HDFC BANK LIMITED 3.5 %
ICICI BANK LTD 2.4 %
AL RAJHI BANK 2.2 %
RELIANCE INDUSTRIES LTD 2.0 %
HYNIX SEMICONDUCTOR INC 1.6 %
MEDIATEK INC 1.1 %
HON HAI PRECISION INDUSTRY 1.1 %
INFOSYS TECHNOLOGIES LTD 1.1 %
Total 31.4 %

TOP COUNTRY EXPOSURE
INDIA 29.0 %
TAIWAN 22.2 %
SOUTH KOREA 13.5 %
SAUDI ARABIA 7.6 %
BRAZIL 5.7 %
SOUTH AFRICA 4.4 %
MEXICO 2.8 %
INDONESIA 2.1 %
UAE 1.9 %
THAILAND 1.6 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 30)
Year-to-date 1 year 5 years 10 years Since Incep.
6.3% 4.7% -- -- 7.7%

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 $29.32
30d moving avg. $28.73
Annualized volatility 12.2%
Short interest (ETF) 0.1%
Relative strength (RSI) 58

Liquidity measures
Avg. volume (thou.) 9
Turnover 0.3%
Bid/Ask (% of price) 0.41%
ADV underlying (mns) $7,560

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 412 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™: 8.0%


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 71.0 25 7 8.0 -0.1
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 62.5 24 8 8.5 +0.5
XCEM Columbia EM Core ex-China ETF 58.0 16 16 8.4 +0.4
XC WisdomTree Emerging Markets Ex-China Fund 56.6 32 0 6.2 -1.9
XCNY SPDR S&P Emerging Markets ex-China ETF 53.7 15 17 7.7 -0.4
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 53.5 15 17 8.6 +0.5
EMDM First Trust Bloomberg Emerging Market Democracies ETF 50.9 75 -43 10.3 +2.3
EEM iShares MSCI Emerging Markets ETF 50.6 69 -37 10.8 +2.8
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 50.4 30 2 10.9 +2.9
EEMA iShares MSCI Emerging Markets Asia ETF 48.5 49 -17 10.9 +2.9
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 47.1 66 -34 10.5 +2.5
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 46.7 15 17 10.9 +2.9
ECON Columbia Emerging Markets Consumer ETF 46.6 49 -17 13.3 +5.2
BKEM BNY Mellon Emerging Markets Equity ETF 46.2 11 21 10.6 +2.6
JHEM John Hancock Multifactor Emerging Markets ETF 45.8 49 -17 10.7 +2.6
EMXF iShares ESG Advanced MSCI EM ETF 45.5 16 16 8.6 +0.6
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 45.3 32 0 9.7 +1.7
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 44.9 36 -4 10.4 +2.4
AAXJ iShares MSCI All Country Asia ex Japan ETF 44.4 70 -38 9.9 +1.9
IEMG iShares Core MSCI Emerging Markets ETF 43.5 9 23 11.0 +3.0
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 43.4 33 -1 10.7 +2.6
ESGE iShares ESG Aware MSCI EM ETF 42.8 25 7 10.7 +2.7
LDEM iShares ESG MSCI EM Leaders ETF 42.3 17 15 14.0 +6.0
SCHE Schwab Emerging Markets Equity ETF 41.8 11 21 11.8 +3.8
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 41.6 32 0 7.0 -1.1
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 40.9 45 -13 11.1 +3.1
EMGF iShares Emerging Markets Equity Factor ETF 39.4 25 7 12.3 +4.3
VWO Vanguard FTSE Emerging Markets ETF 39.3 8 24 11.1 +3.1
FLAX Franklin FTSE Asia Ex Japan ETF 38.3 19 13 10.0 +1.9
DFAE Dimensional Emerging Core Equity Market ETF 37.6 35 -3 10.2 +2.2
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 37.3 30 2 10.2 +2.2
SPEM SPDR Portfolio Emerging Markets ETF 34.7 7 25 11.0 +3.0
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 34.2 20 12 10.8 +2.8
PXH Invesco FTSE RAFI Emerging Markets ETF 33.5 49 -17 17.0 +9.0
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 32.9 39 -7 17.2 +9.1
FTHF First Trust Emerging Markets Human Flourishing ETF 31.8 75 -43 8.9 +0.9
DEHP Dimensional Emerging Markets High Profitability ETF 30.5 41 -9 7.2 -0.9
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 30.4 50 -18 11.9 +3.9
BKF iShares MSCI BIC ETF 29.9 69 -37 13.8 +5.8
NUEM Nuveen ESG Emerging Markets Equity ETF 29.6 36 -4 8.2 +0.2
RNEM First Trust Emerging Markets Equity Select ETF 28.8 75 -43 7.0 -1.0
FDEM Fidelity Emerging Markets Multifactor ETF 28.6 25 7 13.6 +5.5
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 28.5 59 -27 12.3 +4.3
DFEM Dimensional Emerging Markets Core Equity 2 ETF 28.5 38 -6 10.0 +1.9
INDA iShares MSCI India ETF 27.9 65 -33 4.4 -3.7
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 27.2 88 -56 9.8 +1.8
FLIN Franklin FTSE India ETF 26.3 19 13 3.9 -4.1
AIA iShares Asia 50 ETF 26.2 50 -18 14.7 +6.7
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 26.0 40 -8 7.3 -0.7
EEMO Invesco S&P Emerging Markets Momentum ETF 25.8 29 3 6.8 -1.2
EMMF WisdomTree Emerging Markets Multifactor Fund 25.6 48 -16 8.1 +0.1
PIN Invesco India ETF 25.3 78 -46 4.3 -3.7
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 25.1 44 -12 10.9 +2.9
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 24.8 25 7 6.5 -1.5
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 24.6 41 -9 9.5 +1.5
INDY iShares India 50 ETF 24.6 89 -57 4.6 -3.5
GMF SPDR S&P Emerging Asia Pacific ETF 24.4 49 -17 10.1 +2.1
ROAM Hartford Multifactor Emerging Markets ETF 24.4 44 -12 12.3 +4.2
MINV Matthews Asia Innovators Active ETF 23.5 79 -47 7.8 -0.2
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 23.4 95 -63 13.3 +5.3
MEM Matthews Emerging Markets Equity Active ETF 23.3 79 -47 8.5 +0.4
NFTY First Trust India NIFTY 50 Equal Weight ETF 23.3 80 -48 4.9 -3.2
EVLU iShares MSCI Emerging Markets Value Factor ETF 23.1 35 -3 20.9 +12.9
DFEV Dimensional Emerging Markets Value ETF 22.7 43 -11 14.1 +6.1
EWT iShares MSCI Taiwan ETF 22.4 58 -26 6.7 -1.3
FLTW Franklin FTSE Taiwan ETF 22.4 19 13 6.9 -1.1
EPI WisdomTree India Earnings Fund 22.4 85 -53 4.8 -3.3
AVEM Avantis Emerging Markets Equity ETF 21.9 33 -1 9.5 +1.5
FRDM Freedom 100 Emerging Markets ETF 20.3 49 -17 8.9 +0.9
EELV Invesco S&P Emerging Markets Low Volatility ETF 19.2 29 3 8.6 +0.6
PATN Pacer Nasdaq International Patent Leaders ETF 17.7 65 -33 6.6 -1.5
AVES Avantis Emerging Markets Value ETF 17.7 36 -4 12.0 +3.9
ACWX iShares MSCI ACWI ex U.S. ETF 14.7 34 -2 7.9 -0.1
KNCT Invesco Next Gen Connectivity ETF 14.7 40 -8 5.2 -2.8
VSGX Vanguard ESG International Stock ETF 14.1 12 20 8.0 -0.1
GXUS Goldman Sachs MarketBeta Total International Equity ETF 13.6 18 14 8.0 -0.1
VEU Vanguard FTSE All-World ex-US Index Fund 13.5 8 24 8.3 +0.3
EWY iShares MSCI South Korea ETF 13.1 58 -26 10.1 +2.0
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 13.0 41 -9 7.8 -0.3
FLKR Franklin FTSE South Korea ETF 12.9 9 23 10.6 +2.6
IXUS iShares Core MSCI Total International Stock ETF 12.8 7 25 8.1 +0.1
DEM WisdomTree Emerging Markets High Dividend Fund 12.8 63 -31 13.6 +5.6
VXUS Vanguard Total International Stock ETF 12.6 7 25 8.2 +0.2
EMC Global X Emerging Markets Great Consumer ETF 11.2 75 -43 8.4 +0.4
VYMI Vanguard International High Dividend Yield ETF 10.8 22 10 9.8 +1.8
EMM Global X Emerging Markets ex-China ETF 10.4 75 -43 6.1 -2.0
UEVM VictoryShares Emerging Markets Value Momentum ETF 10.3 45 -13 10.8 +2.8
NDIA Global X India Active ETF 10.2 75 -43 4.7 -3.4
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 10.0 42 -10 6.8 -1.3
INDF Nifty India Financials ETF 9.8 75 -43 6.4 -1.7
CWI SPDR MSCI ACWI ex-US ETF 9.5 30 2 7.9 -0.1
IVES Wedbush ETFMG Global Cloud Technology ETF 9.1 68 -36 8.4 +0.3
JIG JPMorgan International Growth ETF 8.9 55 -23 4.7 -3.3
ACWV iShares MSCI Global Min Vol Factor ETF 8.8 20 12 5.8 -2.2
AIVC Amplify Bloomberg AI Value Chain ETF 8.3 59 -27 6.8 -1.3
IQDY FlexShares International Quality Dividend Dynamic Index Fund 8.1 47 -15 8.5 +0.5
FLLA Franklin FTSE Latin America ETF 8.0 19 13 13.4 +5.4
DFAX Dimensional World ex U.S. Core Equity 2 ETF 7.9 30 2 8.3 +0.3
IXN iShares Global Tech ETF 7.9 41 -9 4.2 -3.8
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 7.9 90 -58 8.1 +0.1
CGXU Capital Group International Focus Equity ETF 7.7 54 -22 5.8 -2.3
KSA iShares MSCI Saudi Arabia ETF 7.6 74 -42 0.0 -8.0
IQDF FlexShares International Quality Dividend Index Fund 7.6 47 -15 9.3 +1.2
FEM First Trust Emerging Markets AlphaDEX Fund 7.5 80 -48 12.0 +4.0
FLSA Franklin FTSE Saudi Arabia ETF 7.5 39 -7 0.0 -8.0
NXTG First Trust Indxx NextG ETF 7.4 70 -38 5.6 -2.4
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 7.3 80 -48 9.8 +1.8
VPL Vanguard FTSE Pacific ETF 7.2 8 24 7.4 -0.6
IWTR iShares MSCI Water Management Multisector ETF 7.1 47 -15 6.1 -2.0
GLIN VanEck India Growth Leaders ETF 6.7 77 -45 6.2 -1.9
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 6.3 60 -28 12.7 +4.7
FBOT Fidelity Disruptive Automation ETF 6.1 50 -18 3.9 -4.2
WRND IQ Global Equity R&D Leaders ETF 5.9 18 14 8.9 +0.9
AGQI First Trust Active Global Quality Income ETF 5.7 85 -53 4.9 -3.1
FLN First Trust Latin America AlphaDEX Fund 5.6 80 -48 10.2 +2.2
WWJD Inspire International ETF 5.5 80 -48 7.3 -0.7
EWZ iShares MSCI Brazil ETF 5.5 58 -26 13.7 +5.7
RODE Hartford Multifactor Diversified International ETF 5.4 29 3 11.0 +2.9
ACWI iShares MSCI ACWI ETF 5.4 32 0 5.9 -2.2
DEW WisdomTree Global High Dividend Fund 5.3 58 -26 8.8 +0.8
INCO Columbia India Consumer ETF 5.3 75 -43 1.8 -6.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 5.3 20 12 6.0 -2.0
FLBR Franklin FTSE Brazil ETF 5.2 19 13 15.7 +7.7
VIGI Vanguard International Dividend Appreciation ETF 5.2 15 17 6.1 -1.9
FILL iShares MSCI Global Energy Producers ETF 5.1 39 -7 12.7 +4.6
CARZ First Trust NASDAQ Global Auto Index Fund 5.1 70 -38 6.1 -1.9
FMET Fidelity Metaverse ETF 5.0 39 -7 5.2 -2.8
CHAT Roundhill Generative AI & Technology ETF 4.9 75 -43 7.0 -1.0
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 4.9 46 -14 10.7 +2.6
WTAI WisdomTree Artificial Intelligence and Innovation Fund 4.7 45 -13 3.1 -5.0
VT Vanguard Total World Stock ETF 4.7 7 25 6.2 -1.8
EDIV SPDR S&P Emerging Markets Dividend ETF 4.7 49 -17 11.9 +3.9
AIQ Global X Artificial Intelligence & Technology ETF 4.7 68 -36 4.3 -3.8
BLES Inspire Global Hope ETF 4.6 61 -29 7.0 -1.0
EYLD Cambria Emerging Shareholder Yield ETF 4.6 66 -34 13.0 +5.0
ILF iShares Latin America 40 ETF 4.6 48 -16 13.4 +5.4
ECOW Pacer Emerging Markets Cash Cows 100 ETF 4.5 70 -38 15.5 +7.5
SCHY Schwab International Dividend Equity ETF 4.5 14 18 9.6 +1.6
DSTX Distillate International Fundamental Stability & Value ETF 4.5 55 -23 8.3 +0.3
FBZ First Trust Brazil AlphaDEX Fund 4.5 80 -48 12.5 +4.4
KLMT Invesco MSCI Global Climate 500 ETF 4.4 10 22 6.0 -2.0
FNDF Schwab Fundamental International Large Co. Index ETF 4.2 25 7 9.8 +1.8
DINT Davis Select International ETF 4.2 55 -23 8.3 +0.3
GLOF iShares Global Equity Factor ETF 4.2 20 12 6.9 -1.1
LEGR First Trust Indxx Innovative Transaction & Process ETF 4.1 65 -33 8.2 +0.2
CLNR IQ Cleaner Transport ETF 4.1 45 -13 6.9 -1.1
VIDI Vident International Equity Strategy ETF 4.0 61 -29 11.2 +3.2
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 4.0 12 20 5.3 -2.7
GTEK Goldman Sachs Future Tech Leaders Equity ETF 4.0 75 -43 3.3 -4.8
JSTC Adasina Social Justice All Cap Global ETF 3.9 89 -57 4.5 -3.5
DVYE iShares Emerging Markets Dividend ETF 3.9 49 -17 18.7 +10.6
FEOE First Eagle Overseas Equity ETF 3.9 79 -47 8.3 +0.3
IGRO iShares International Dividend Growth ETF 3.8 15 17 7.1 -0.9
HFXI IQ FTSE International Equity Currency Neutral ETF 3.8 20 12 7.2 -0.8
XT iShares Exponential Technologies ETF 3.6 46 -14 5.7 -2.4
PICK iShares MSCI Global Metals & Mining Producers ETF 3.6 39 -7 14.1 +6.0
IMFL Invesco International Developed Dynamic Multifactor ETF 3.6 34 -2 5.9 -2.1
GVAL Cambria Global Value ETF 3.5 68 -36 11.2 +3.2
DTCR Global X Data Center & Digital Infrastructure ETF 3.5 50 -18 4.7 -3.3
AFK VanEck Africa Index ETF 3.5 98 -66 12.0 +3.9
FDT First Trust Developed Markets ex-US AlphaDEX Fund 3.5 80 -48 10.2 +2.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 3.3 45 -13 9.0 +1.0
DGIN VanEck Digital India ETF 3.3 71 -39 1.9 -6.1
UIVM VictoryShares International Value Momentum ETF 3.3 35 -3 9.3 +1.3
DWLD Davis Select Worldwide ETF 3.3 63 -31 7.7 -0.3
UMMA Wahed Dow Jones Islamic World ETF 3.2 65 -33 5.3 -2.8
OAIM OneAscent International Equity ETF 3.1 95 -63 6.1 -1.9
ASEA Global X FTSE Southeast Asia ETF 3.0 65 -33 6.9 -1.2
SCHF Schwab International Equity ETF 2.9 6 26 7.5 -0.6
EZA iShares MSCI South Africa ETF 2.9 58 -26 10.3 +2.3
EWW iShares MSCI Mexico ETF 2.8 50 -18 9.2 +1.2
SDEM Global X MSCI SuperDividend Emerging Markets ETF 2.8 67 -35 14.0 +6.0
AIS VistaShares Artificial Intelligence Supercycle ETF 2.8 75 -43 4.0 -4.0
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 2.8 60 -28 7.1 -0.9
ICOW Pacer Developed Markets International Cash Cows 100 ETF 2.7 65 -33 12.0 +3.9
VEA Vanguard FTSE Developed Markets ETF 2.7 5 27 7.4 -0.7
FLMX Franklin FTSE Mexico ETF 2.6 19 13 9.5 +1.5
FDTX Fidelity Disruptive Technology ETF 2.6 50 -18 2.8 -5.2
JPIN J.P. Morgan Diversified Return International Equity ETF 2.5 37 -5 8.6 +0.6
FEGE First Eagle Global Equity ETF 2.5 79 -47 7.2 -0.8
MOTG VanEck Morningstar Global Wide Moat ETF 2.5 52 -20 6.8 -1.2
ADIV SmartETFs Asia Pacific Dividend Builder ETF 2.4 78 -46 9.8 +1.8
IPAV Global X Infrastructure Development ex-U.S. ETF 2.4 55 -23 7.9 -0.2
COPY Tweedy, Browne Insider + Value ETF 2.4 80 -48 12.5 +4.4
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 2.3 65 -33 3.3 -4.8
TPIF Timothy Plan International ETF 2.3 62 -30 6.3 -1.7
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 2.1 86 -54 14.1 +6.0
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 2.1 86 -54 0.3 -7.7
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 2.0 24 8 7.6 -0.5
IGPT Invesco AI and Next Gen Software ETF 2.0 60 -28 5.0 -3.1
IDX VanEck Indonesia Index ETF 2.0 57 -25 7.4 -0.6
CIL VictoryShares International Volatility Wtd ETF 1.9 45 -13 6.7 -1.4
FDNI First Trust Dow Jones International Internet ETF 1.9 65 -33 19.9 +11.9
METV Roundhill Ball Metaverse ETF 1.9 59 -27 7.4 -0.6
MOTI VanEck Morningstar International Moat ETF 1.8 58 -26 12.8 +4.8
UAE iShares MSCI UAE ETF 1.8 59 -27 0.0 -8.0
ARTY iShares Future AI & Tech ETF 1.8 47 -15 3.7 -4.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.7 9 23 6.1 -1.9
SPDW SPDR Portfolio Developed World ex-US ETF 1.7 3 29 7.2 -0.8
EIDO iShares MSCI Indonesia ETF 1.7 59 -27 7.5 -0.5
OBOR KraneShares MSCI One Belt One Road Index ETF 1.6 79 -47 8.8 +0.8
RGEF Rockefeller Global Equity ETF 1.6 55 -23 5.1 -2.9
LOUP Innovator Deepwater Frontier Tech ETF 1.6 70 -38 1.4 -6.6
ISHP First Trust Nasdaq Retail ETF 1.6 60 -28 6.0 -2.0
ICOP iShares Copper and Metals Mining ETF 1.6 47 -15 9.5 +1.5
QTUM Defiance Quantum ETF 1.6 40 -8 6.6 -1.4
JGLO JPMorgan Global Select Equity ETF 1.6 33 -1 5.2 -2.9
IXG iShares Global Financials ETF 1.5 42 -10 6.8 -1.2
DGT SPDR Global Dow ETF 1.5 50 -18 7.4 -0.6
ROBO ROBO Global Robotics & Automation Index ETF 1.5 95 -63 3.9 -4.2
IDHQ Invesco S&P International Developed High Quality ETF 1.4 29 3 6.6 -1.4
EPOL iShares MSCI Poland ETF 1.4 59 -27 11.4 +3.3
MXI iShares Global Materials ETF 1.4 41 -9 8.0 -0.1
SNSR Global X Internet of Things ETF 1.4 68 -36 4.8 -3.3
INQQ India Internet & Ecommerce ETF 1.3 86 -54 1.0 -7.1
GGME Invesco Next Gen Media and Gaming ETF 1.3 60 -28 4.6 -3.4
CCNR ALPS CoreCommodity Natural Resources ETF 1.3 39 -7 12.0 +4.0
IDAT iShares Future Cloud 5G and Tech ETF 1.3 47 -15 5.2 -2.9
GMET VanEck Green Metals ETF 1.3 63 -31 10.4 +2.4
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.2 61 -29 1.5 -6.6
SDG iShares MSCI Global Sustainable Development Goals ETF 1.2 49 -17 6.4 -1.7
SDIV Global X Superdividend ETF 1.2 58 -26 42.4 +34.4
DMAT Global X Disruptive Materials ETF 1.1 59 -27 10.6 +2.5
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 1.1 85 -53 10.5 +2.5
FCLD Fidelity Cloud Computing ETF 1.1 39 -7 3.2 -4.9
EWM iShares MSCI Malaysia ETF 1.1 50 -18 7.0 -1.0
BRAZ Global X Brazil Active ETF 1.1 75 -43 13.2 +5.2
ABLG Abacus FCF International Leaders ETF 1.1 59 -27 6.2 -1.8
FNDC Schwab Fundamental International Small Co. Index ETF 1.0 39 -7 6.1 -2.0
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.0 49 -17 7.3 -0.8
BATT Amplify Lithium & Battery Technology ETF 1.0 59 -27 3.8 -4.3
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 1.0 47 -15 5.7 -2.3
TTAI FCF International Quality ETF 1.0 59 -27 7.1 -0.9
GINN Goldman Sachs Innovate Equity ETF 1.0 52 -20 4.2 -3.8
HAP VanEck Natural Resources ETF 1.0 50 -18 10.1 +2.1
CGGO Capital Group Global Growth Equity ETF 1.0 47 -15 4.9 -3.2
IDV iShares International Select Dividend ETF 1.0 51 -19 11.8 +3.7
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.9 56 -24 12.1 +4.1
DWX SPDR S&P International Dividend ETF 0.9 45 -13 6.1 -2.0
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.9 80 -48 4.9 -3.2
DRIV Global X Autonomous & Electric Vehicles ETF 0.9 68 -36 6.9 -1.1
OCEN IQ Clean Oceans ETF 0.9 45 -13 6.6 -1.5
SATO Invesco Alerian Galaxy Crypto Economy ETF 0.9 61 -29 -2.3 -10.3
RCGE RockCreek Global Equality ETF 0.9 95 -63 6.4 -1.6
KXI iShares Global Consumer Staples ETF 0.9 41 -9 5.3 -2.7
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.9 45 -13 4.5 -3.5
FTAG First Trust Indxx Global Agriculture ETF 0.8 70 -38 8.5 +0.5
QAT iShares MSCI Qatar ETF 0.8 59 -27 42.6 +34.6
IBAT iShares Energy Storage & Materials ETF 0.8 47 -15 5.7 -2.4
IXP iShares Global Comm Services ETF 0.7 42 -10 6.3 -1.8
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.7 12 20 8.2 +0.2
IDRV iShares Self-driving EV & Tech ETF 0.7 47 -15 2.7 -5.4
OSEA Harbor International Compounders ETF 0.7 55 -23 4.6 -3.4
IOO iShares Global 100 ETF 0.7 41 -9 5.2 -2.8
FEP First Trust Europe AlphaDEX Fund 0.6 80 -48 9.3 +1.2
CGGR Capital Group Growth ETF 0.6 39 -7 3.4 -4.6
GCOW Pacer Global Cash Cows Dividend ETF 0.6 60 -28 11.0 +3.0
SUPL ProShares Supply Chain Logistics ETF 0.6 58 -26 11.0 +3.0
VEGI iShares MSCI Agriculture Producers ETF 0.6 39 -7 8.7 +0.7
MOTO SmartETFs Smart Transportation & Technology ETF 0.6 68 -36 7.7 -0.3
SOCL Global X Social Media ETF 0.6 65 -33 12.4 +4.4
KPOP KPOP and Korean Entertainment ETF 0.6 75 -43 2.5 -5.6
PBD Invesco Global Clean Energy ETF 0.5 75 -43 0.5 -7.5
IXJ iShares Global Healthcare ETF 0.5 42 -10 7.2 -0.8
RXI iShares Global Consumer Discretionary ETF 0.5 41 -9 9.1 +1.1
ICLN iShares Global Clean Energy ETF 0.5 41 -9 6.2 -1.9
FID First Trust S&P International Dividend Aristocrats ETF 0.5 60 -28 8.3 +0.2
WDIV SPDR S&P Global Dividend ETF 0.5 40 -8 9.6 +1.5
IPKW Invesco International BuyBack Achievers ETF 0.5 55 -23 14.5 +6.4
CRAK VanEck Oil Refiners ETF 0.5 61 -29 15.9 +7.9
EV Mast Global Battery Recycling & Production ETF 0.5 65 -33 10.8 +2.7
DIVI Franklin International Core Dividend Tilt Index ETF 0.5 9 23 8.1 +0.1
BBEU JPMorgan BetaBuilders Europe ETF 0.5 9 23 7.1 -0.9
EPU iShares MSCI Peru and Global Exposure ETF 0.4 59 -27 7.5 -0.5
CGDG Capital Group Dividend Growers ETF 0.4 47 -15 6.3 -1.8
RING iShares MSCI Global Gold Miners ETF 0.4 39 -7 5.6 -2.4
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.4 58 -26 5.0 -3.0
URA Global X Uranium ETF 0.4 69 -37 2.3 -5.7
VGK Vanguard FTSE Europe ETF 0.4 11 21 7.3 -0.7
JXI iShares Global Utilities ETF 0.4 43 -11 5.9 -2.2
VCLN Virtus Duff & Phelps Clean Energy ETF 0.4 59 -27 5.9 -2.2
GSFP Goldman Sachs Future Planet Equity ETF 0.4 75 -43 4.7 -3.3
FLEE Franklin FTSE Europe ETF 0.4 9 23 7.0 -1.0
SPEU SPDR Portfolio Europe ETF 0.4 7 25 7.3 -0.7
FDCF Fidelity Disruptive Communications ETF 0.4 50 -18 3.4 -4.7
BINV Brandes International ETF 0.4 70 -38 9.8 +1.8
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.4 39 -7 -1.3 -9.3
IQSI IQ Candriam International Equity ETF 0.4 15 17 6.6 -1.4
ANEW ProShares MSCI Transformational Changes ETF 0.4 45 -13 6.3 -1.7
EPHE iShares MSCI Philippines ETF 0.4 59 -27 0.0 -8.0
SHLD Global X Defense Tech ETF 0.4 50 -18 3.2 -4.8
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.4 72 -40 -0.9 -8.9
FPAG FPA Global Equity ETF 0.4 49 -17 6.1 -1.9
RNRG Global X Renewable Energy Producers ETF 0.3 66 -34 5.8 -2.2
SHPP Pacer Industrials and Logistics ETF 0.3 60 -28 8.4 +0.4
AGNG Global X Aging Population ETF 0.3 50 -18 4.9 -3.1
JETS U.S. Global Jets ETF 0.3 60 -28 3.8 -4.2
SETM Sprott Energy Transition Materials ETF 0.3 65 -33 4.3 -3.8
HERO Global X Video Games & Esports ETF 0.3 50 -18 4.2 -3.8
OND ProShares On-Demand ETF 0.3 58 -26 0.8 -7.3
GSID Goldman Sachs MarketBeta International Equity ETF 0.3 20 12 7.0 -1.0
ERTH Invesco MSCI Sustainable Future ETF 0.3 62 -30 3.6 -4.4
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.3 75 -43 5.2 -2.8
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.3 79 -47 5.7 -2.3
BKIE BNY Mellon International Equity ETF 0.3 4 28 7.1 -0.9
LIT Global X Lithium & Battery Tech ETF 0.3 75 -43 6.5 -1.6
BOUT Innovator IBD Breakout Opportunities ETF 0.3 81 -49 3.1 -5.0
CZA Invesco Zacks Mid-Cap ETF 0.3 72 -40 6.6 -1.4
JHDV John Hancock U.S. High Dividend ETF 0.3 34 -2 7.0 -1.0
TUR iShares MSCI Turkey ETF 0.2 58 -26 22.7 +14.7
FDD First Trust Stoxx European Select Dividend Index Fund 0.2 58 -26 11.8 +3.7
IDOG ALPS International Sector Dividend Dogs ETF 0.2 50 -18 12.4 +4.4
IHAK iShares Cybersecurity & Tech ETF 0.2 47 -15 3.6 -4.4
FEUZ First Trust Eurozone AlphaDEX ETF 0.2 80 -48 9.2 +1.2
GREK Global X MSCI Greece ETF 0.2 57 -25 11.0 +3.0
RFEU First Trust Riverfront Dynamic Europe ETF 0.2 83 -51 10.4 +2.3
AQWA Global X Clean Water ETF 0.2 50 -18 5.0 -3.0
CGW Invesco S&P Global Water Index ETF 0.2 57 -25 4.7 -3.4
PIO Invesco Global Water ETF 0.2 75 -43 4.9 -3.2
BLLD JPMorgan Sustainable Infrastructure ETF 0.2 49 -17 6.2 -1.9
EFRA iShares Environmental Infrastructure and Industrials ETF 0.2 47 -15 5.3 -2.8
IBUY Amplify Online Retail ETF 0.2 65 -33 3.0 -5.0
HELX Franklin Genomic Advancements ETF 0.2 50 -18 -0.2 -8.2
IQRA IQ CBRE Real Assets ETF 0.2 65 -33 5.7 -2.4
COPX Global X Copper Miners ETF 0.2 65 -33 8.5 +0.5
COWZ Pacer US Cash Cows 100 ETF 0.2 49 -17 9.8 +1.8
EQAL Invesco Russell 1000 Equal Weight ETF 0.2 20 12 7.3 -0.8
FNDA Schwab Fundamental US Small Co. Index ETF 0.2 25 7 8.5 +0.4
FXZ First Trust Materials AlphaDEX Fund 0.2 61 -29 11.7 +3.7
GNR SPDR S&P Global Natural Resources ETF 0.2 40 -8 11.8 +3.8
IYM iShares U.S. Basic Materials ETF 0.2 40 -8 6.9 -1.2
JMOM JPMorgan U.S. Momentum Factor ETF 0.2 12 20 4.7 -3.3
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.2 18 14 7.9 -0.1
SFYX SoFi Next 500 ETF 0.2 0 32 6.0 -2.1
CCSO Carbon Collective Climate Solutions US Equity ETF 0.2 35 -3 1.2 -6.8
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 0.2 49 -17 4.4 -3.7
PTL Inspire 500 ETF 0.2 9 23 5.6 -2.5
AGMI Themes Silver Miners ETF 0.2 35 -3 5.9 -2.1
COPA Themes Copper Miners ETF 0.2 35 -3 7.1 -1.0
LIVR Intelligent Livermore ETF 0.2 69 -37 6.5 -1.6
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 20 6.0 -2.1
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.2 39 -7 8.4 +0.4
FTRI First Trust Indxx Global Natural Resources Income ETF 0.2 70 -38 8.5 +0.4
ION ProShares S&P Global Core Battery Metals ETF 0.2 58 -26 12.7 +4.6
VFQY Vanguard U.S. Quality Factor ETF 0.2 13 19 6.6 -1.4
TMFG Motley Fool Global Opportunities ETF 0.2 85 -53 3.8 -4.2
EDOG ALPS Emerging Sector Dividend Dogs ETF 0.2 60 -28 10.8 +2.8
HART IQ Healthy Hearts ETF 0.2 45 -13 6.6 -1.4
GVLU Gotham 1000 Value ETF 0.2 50 -18 9.3 +1.3
BNGE First Trust S-Network Streaming and Gaming ETF 0.2 70 -38 3.2 -4.8
ESPO VanEck Video Gaming and eSports ETF 0.2 56 -24 4.4 -3.7
FPXI First Trust International Equity Opportunities ETF 0.2 70 -38 3.6 -4.4
NERD Roundhill Video Games ETF 0.2 50 -18 3.3 -4.8
ODDS Pacer BlueStar Digital Entertainment ETF 0.2 60 -28 2.3 -5.8
IVRS iShares Future Metaverse Tech and Communications ETF 0.2 47 -15 2.9 -5.2
BOAT SonicShares Global Shipping ETF 0.2 69 -37 28.1 +20.1
ARKF ARK Fintech Innovation ETF 0.1 75 -43 -0.4 -8.4
EXI iShares Global Industrials ETF 0.1 42 -10 4.6 -3.4
CUT Invesco MSCI Global Timber ETF 0.1 61 -29 10.2 +2.2
WOOD iShares Global Timber & Forestry ETF 0.1 42 -10 12.1 +4.1
RVRB Reverb ETF 0.1 30 2 4.9 -3.2
SIL Global X Silver Miners ETF 0.1 65 -33 3.1 -4.9
CTEC Global X CleanTech ETF 0.1 50 -18 3.1 -4.9
IPOS Renaissance International IPO ETF 0.1 80 -48 2.5 -5.5
SMOG VanEck Low Carbon Energy ETF 0.1 61 -29 1.6 -6.4
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 22 5.5 -2.5
SAGP Strategas Global Policy Opportunities ETF 0.1 65 -33 5.4 -2.6
VYM Vanguard High Dividend Yield Index ETF 0.1 6 26 7.5 -0.6
ECH iShares MSCI Chile ETF 0.1 58 -26 8.8 +0.8
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 17 5.7 -2.4
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 -7 7.2 -0.8
ESGG FlexShares STOXX Global ESG Select Index Fund 0.1 42 -10 5.6 -2.4
AFLG First Trust Active Factor Large Cap ETF 0.1 55 -23 6.3 -1.7
CCMG CCM Global Equity ETF 0.1 34 -2 8.9 +0.9
DFVX Dimensional US Large Cap Vector ETF 0.0 22 10 6.5 -1.5
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 20 4.7 -3.4
HLAL Wahed FTSE USA Shariah ETF 0.0 50 -18 5.1 -2.9
IWY iShares Russell Top 200 Growth ETF 0.0 20 12 4.7 -3.3
ILCV iShares Morningstar Value ETF 0.0 4 28 6.9 -1.1
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 23 5.0 -3.0
XMAG Defiance Large Cap ex-Mag 7 ETF 0.0 35 -3 5.4 -2.7
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 17 4.9 -3.2
DUHP Dimensional US High Profitability ETF 0.0 21 11 6.6 -1.5
IWF iShares Russell 1000 Growth ETF 0.0 19 13 4.6 -3.4
VONG Vanguard Russell 1000 Growth ETF 0.0 8 24 4.7 -3.3
DIVB iShares Core Dividend ETF 0.0 5 27 8.0 -0.0
NACP Impact Shares NAACP Minority Empowerment ETF 0.0 49 -17 5.1 -3.0
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.0 2 30 5.2 -2.8
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 15 7.1 -0.9
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.0 7 25 5.1 -2.9
IWL iShares Russell Top 200 ETF 0.0 15 17 4.9 -3.1
JHML John Hancock Multifactor Large Cap ETF 0.0 29 3 5.6 -2.4
VOTE TCW Transform 500 ETF 0.0 5 27 5.2 -2.9
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 21 5.2 -2.9
ILCB iShares Morningstar U.S. Equity ETF 0.0 3 29 5.2 -2.8
DFAU Dimensional US Core Equity Market ETF 0.0 12 20 5.4 -2.6
DFUS Dimensional U.S. Equity ETF 0.0 9 23 5.1 -2.9
IWB iShares Russell 1000 ETF 0.0 15 17 5.2 -2.9
ONEO SPDR Russell 1000 Momentum Focus ETF 0.0 20 12 7.2 -0.8
VONE Vanguard Russell 1000 ETF 0.0 8 24 5.2 -2.8
VTHR Vanguard Russell 3000 ETF 0.0 10 22 5.2 -2.9
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 15 5.9 -2.1
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 7 7.6 -0.4
IWV iShares Russell 3000 ETF 0.0 20 12 5.1 -3.0
EBI Longview Advantage ETF 0.0 35 -3 7.0 -1.0
BKLC BNY Mellon US Large Cap Core Equity ETF 0.0 0 32 5.2 -2.9
QDF FlexShares Quality Dividend Index Fund 0.0 37 -5 6.6 -1.4
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.0 25 7 6.1 -1.9
DCOR Dimensional US Core Equity 1 ETF 0.0 14 18 5.7 -2.3
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 14 5.7 -2.3
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 3 6.7 -1.4
QDEF FlexShares Quality Dividend Defensive Index Fund 0.0 37 -5 6.3 -1.8

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 14.8 %
Divided by: Fwd. P/BV 1.8 x
Less: Expense ratio 32 bp
Equals: ALTAR Score 8.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.50 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.