Strive Emerging Markets Ex-China ETF
ALTAR
Score™		 7.0% info Recommen-
dation		 NEUTRAL
2024E    2025E
P/E
ratio		 14.5x P/Sales
ratio		 1.9x
P/BV
ratio		 2.1x Div.
yield		 2.5%


  • 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) $101
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 260
Wgt avg mkt cap (mns) $204,922
Large cap (>$10bn) 92.1%
Mid cap ($2-10bn) 6.6%
Small cap (<$2bn) 0.1%
Developed mkts 0.6%
Emerging mkts 99.5%

TOP TEN HOLDINGS
TAIWAN SEMICONDUCTOR MANUFAC 14.9 %
RELIANCE INDUSTRIES LTD 5.0 %
SAMSUNG ELECTRONICS CO LTD 4.4 %
HDFC BANK LIMITED 3.2 %
ICICI BANK LTD 2.3 %
AL RAJHI BANK 2.1 %
INFOSYS TECHNOLOGIES LTD 1.6 %
HON HAI PRECISION INDUSTRY 1.4 %
HYNIX SEMICONDUCTOR INC 1.4 %
SAUDI ARABIAN OIL COMPANY (SAUDI A 1.0 %
Total 37.4 %

TOP COUNTRY EXPOSURE
INDIA 33.4 %
TAIWAN 25.2 %
SOUTH KOREA 12.2 %
SAUDI ARABIA 7.8 %
BRAZIL 5.8 %
SOUTH AFRICA 3.4 %
INDONESIA 2.4 %
MEXICO 2.4 %
THAILAND 2.3 %
UAE 1.8 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
4.0% 20.8% -- -- 12.6%

Market Correlations
versus... Beta R-squared
S&P500 0.90 74%
MSCI EAFE 0.67 57%
MSCI Emg. Mkts. 0.83 74%

Technical Indicators
Recent close $28.73
30d moving avg. $30.24
Annualized volatility 12.6%
Short interest (ETF) 1.9%
Relative strength (RSI) 45

Liquidity measures
Avg. volume (thou.) 12
Turnover 0.3%
Bid/Ask (% of price) 0.41%
ADV underlying (mns) $11,446

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 429 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 73.7 25 7 6.7 -0.3
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 62.7 24 8 9.2 +2.2
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 60.5 15 17 10.2 +3.2
XC WisdomTree Emerging Markets Ex-China Fund 59.9 32 0 6.0 -1.0
XCNY SPDR S&P Emerging Markets ex-China ETF 58.5 15 17 6.3 -0.7
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 56.9 30 2 7.3 +0.3
XCEM Columbia EM Core ex-China ETF 56.0 16 16 7.7 +0.7
EEM iShares MSCI Emerging Markets ETF 53.8 69 -37 6.9 -0.1
ECON Columbia Emerging Markets Consumer ETF 53.6 49 -17 7.3 +0.3
EEMA iShares MSCI Emerging Markets Asia ETF 52.6 49 -17 6.5 -0.5
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 51.9 66 -34 10.0 +3.0
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 51.7 15 17 7.2 +0.2
EMDM First Trust Bloomberg Emerging Market Democracies ETF 51.7 75 -43 8.2 +1.2
JHEM John Hancock Multifactor Emerging Markets ETF 50.8 49 -17 8.2 +1.2
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 50.3 36 -4 7.8 +0.8
BKEM BNY Mellon Emerging Markets Equity ETF 50.2 11 21 8.4 +1.4
AAXJ iShares MSCI All Country Asia ex Japan ETF 48.2 70 -38 6.2 -0.9
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 47.3 32 0 6.2 -0.8
ESGE iShares ESG Aware MSCI EM ETF 46.6 25 7 7.1 +0.1
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 46.3 20 12 6.8 -0.2
IEMG iShares Core MSCI Emerging Markets ETF 46.3 9 23 7.5 +0.4
EMXF iShares ESG Advanced MSCI EM ETF 46.0 16 16 6.8 -0.2
SCHE Schwab Emerging Markets Equity ETF 45.2 11 21 7.1 +0.1
LDEM iShares ESG MSCI EM Leaders ETF 44.8 17 15 7.6 +0.6
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 44.8 45 -13 11.0 +4.0
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 44.2 33 -1 8.2 +1.2
FLAX Franklin FTSE Asia Ex Japan ETF 44.0 19 13 6.9 -0.2
EMGF iShares Emerging Markets Equity Factor ETF 43.2 25 7 8.5 +1.5
VWO Vanguard FTSE Emerging Markets ETF 42.5 8 24 6.9 -0.1
EQLT iShares MSCI Emerging Markets Quality Factor ETF 41.9 35 -3 7.4 +0.4
DFAE Dimensional Emerging Core Equity Market ETF 40.5 35 -3 7.3 +0.3
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 40.0 32 0 6.9 -0.2
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 38.4 88 -56 7.4 +0.4
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 37.6 18 14 6.8 -0.2
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 37.2 30 2 8.1 +1.1
SPEM SPDR Portfolio Emerging Markets ETF 37.1 7 25 7.3 +0.3
PXH Invesco FTSE RAFI Emerging Markets ETF 37.0 49 -17 12.2 +5.2
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 34.9 39 -7 12.5 +5.5
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 34.4 59 -27 11.3 +4.3
BKF iShares MSCI BIC ETF 34.4 69 -37 6.9 -0.1
NUEM Nuveen ESG Emerging Markets Equity ETF 33.9 36 -4 6.5 -0.5
RNEM First Trust Emerging Markets Equity Select ETF 33.4 75 -43 7.6 +0.5
INDA iShares MSCI India ETF 33.0 65 -33 4.4 -2.7
EEMO Invesco S&P Emerging Markets Momentum ETF 32.8 29 3 5.5 -1.5
DEHP Dimensional Emerging Markets High Profitability ETF 31.7 41 -9 5.0 -2.0
EMMF WisdomTree Emerging Markets Multifactor Fund 31.3 48 -16 8.8 +1.8
DFEM Dimensional Emerging Markets Core Equity 2 ETF 31.2 38 -6 7.8 +0.8
PIN Invesco India ETF 29.7 78 -46 4.5 -2.5
AIA iShares Asia 50 ETF 29.7 50 -18 6.6 -0.4
FTHF First Trust Emerging Markets Human Flourishing ETF 29.4 75 -43 8.9 +1.9
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 29.2 50 -18 13.0 +6.0
INDY iShares India 50 ETF 28.9 89 -57 4.6 -2.4
FLIN Franklin FTSE India ETF 27.6 19 13 4.7 -2.3
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 27.4 25 7 6.6 -0.4
GMF SPDR S&P Emerging Asia Pacific ETF 27.3 49 -17 6.1 -0.9
NFTY First Trust India NIFTY 50 Equal Weight ETF 27.1 80 -48 6.3 -0.8
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 27.1 41 -9 7.4 +0.4
DFEV Dimensional Emerging Markets Value ETF 26.8 43 -11 11.1 +4.1
MINV Matthews Asia Innovators Active ETF 26.5 79 -47 3.0 -4.0
ROAM Hartford Multifactor Emerging Markets ETF 25.4 44 -12 15.8 +8.8
MEM Matthews Emerging Markets Equity Active ETF 25.4 79 -47 5.4 -1.6
EWT iShares MSCI Taiwan ETF 25.2 58 -26 5.7 -1.3
FLTW Franklin FTSE Taiwan ETF 25.2 19 13 5.9 -1.1
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 24.9 40 -8 8.3 +1.3
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 24.7 44 -12 10.6 +3.6
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 24.6 95 -63 10.5 +3.5
EPI WisdomTree India Earnings Fund 24.5 85 -53 6.1 -1.0
EVLU iShares MSCI Emerging Markets Value Factor ETF 24.0 35 -3 12.4 +5.4
PATN Pacer Nasdaq International Patent Leaders ETF 22.2 65 -33 6.5 -0.5
AVEM Avantis Emerging Markets Equity ETF 22.0 33 -1 8.9 +1.9
FDEM Fidelity Emerging Markets Multifactor ETF 20.4 25 7 12.3 +5.3
FRDM Freedom 100 Emerging Markets ETF 20.4 49 -17 7.3 +0.3
AVES Avantis Emerging Markets Value ETF 16.6 36 -4 11.6 +4.6
EELV Invesco S&P Emerging Markets Low Volatility ETF 16.4 29 3 8.7 +1.7
ACWX iShares MSCI ACWI ex U.S. ETF 16.3 34 -2 7.0 -0.1
EMM Global X Emerging Markets ex-China ETF 15.9 75 -43 4.2 -2.8
GXUS Goldman Sachs MarketBeta Total International Equity ETF 15.1 18 14 7.0 +0.0
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 15.0 42 -10 8.1 +1.1
VSGX Vanguard ESG International Stock ETF 14.9 12 20 6.8 -0.2
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 14.7 41 -9 7.4 +0.4
KNCT Invesco Next Gen Connectivity ETF 14.7 40 -8 5.6 -1.4
VEU Vanguard FTSE All-World ex-US Index Fund 14.5 8 24 7.3 +0.2
IXUS iShares Core MSCI Total International Stock ETF 14.2 7 25 7.2 +0.2
VXUS Vanguard Total International Stock ETF 14.0 7 25 7.2 +0.2
EMC Global X Emerging Markets Great Consumer ETF 13.6 75 -43 4.5 -2.5
DEM WisdomTree Emerging Markets High Dividend Fund 13.2 63 -31 18.9 +11.9
FLKR Franklin FTSE South Korea ETF 11.8 9 23 10.6 +3.6
VYMI Vanguard International High Dividend Yield ETF 11.6 22 10 9.8 +2.8
EWY iShares MSCI South Korea ETF 11.5 58 -26 9.8 +2.8
NDIA Global X India Active ETF 10.5 75 -43 7.2 +0.2
CWI SPDR MSCI ACWI ex-US ETF 10.1 30 2 6.9 -0.1
UEVM VictoryShares Emerging Markets Value Momentum ETF 9.9 45 -13 12.3 +5.3
ACWV iShares MSCI Global Min Vol Factor ETF 9.9 20 12 6.3 -0.7
FEM First Trust Emerging Markets AlphaDEX Fund 9.5 80 -48 13.0 +6.0
INDF Nifty India Financials ETF 9.3 75 -43 5.3 -1.8
FBOT Fidelity Disruptive Automation ETF 9.0 50 -18 3.6 -3.4
IWTR iShares MSCI Water Management Multisector ETF 8.9 47 -15 5.0 -2.0
DFAX Dimensional World ex U.S. Core Equity 2 ETF 8.8 30 2 8.0 +1.0
IVES Wedbush ETFMG Global Cloud Technology ETF 8.5 68 -36 5.8 -1.3
AIVC Amplify Bloomberg AI Value Chain ETF 8.5 59 -27 5.8 -1.2
CGXU Capital Group International Focus Equity ETF 8.4 54 -22 4.9 -2.2
IXN iShares Global Tech ETF 8.2 41 -9 4.5 -2.5
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 8.2 90 -58 6.1 -0.9
FILL iShares MSCI Global Energy Producers ETF 8.2 39 -7 9.6 +2.6
KSA iShares MSCI Saudi Arabia ETF 7.8 74 -42 5.6 -1.4
FLSA Franklin FTSE Saudi Arabia ETF 7.7 39 -7 5.7 -1.3
VIGI Vanguard International Dividend Appreciation ETF 7.6 15 17 6.4 -0.6
FLLA Franklin FTSE Latin America ETF 7.6 19 13 13.2 +6.2
IQDF FlexShares International Quality Dividend Index Fund 7.5 47 -15 12.9 +5.9
BIGFX Baron International Growth Retail 7.4 75 -43 3.1 -3.9
JIG JPMorgan International Growth ETF 7.3 55 -23 4.6 -2.4
IQDY FlexShares International Quality Dividend Dynamic Index Fund 7.1 47 -15 9.4 +2.4
GBUY Goldman Sachs Future Consumer Equity ETF 7.0 75 -43 3.3 -3.7
NXTG First Trust Indxx NextG ETF 6.9 70 -38 6.2 -0.8
VPL Vanguard FTSE Pacific ETF 6.9 8 24 7.7 +0.7
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 6.5 60 -28 0.5 -6.5
DEW WisdomTree Global High Dividend Fund 6.5 58 -26 8.5 +1.5
FLN First Trust Latin America AlphaDEX Fund 6.4 80 -48 8.4 +1.4
RODE Hartford Multifactor Diversified International ETF 6.2 29 3 11.8 +4.8
AGQI First Trust Active Global Quality Income ETF 6.1 85 -53 5.9 -1.1
ECOW Pacer Emerging Markets Cash Cows 100 ETF 6.0 70 -38 9.2 +2.2
GLIN VanEck India Growth Leaders ETF 5.9 77 -45 5.7 -1.3
IQDE FlexShares International Quality Dividend Defensive Index ET 5.8 47 -15 14.8 +7.8
IMFL Invesco International Developed Dynamic Multifactor ETF 5.8 34 -2 5.9 -1.1
CHAT Roundhill Generative AI & Technology ETF 5.7 75 -43 3.8 -3.2
WRND IQ Global Equity R&D Leaders ETF 5.7 18 14 7.5 +0.5
ACWI iShares MSCI ACWI ETF 5.6 32 0 5.3 -1.7
EWZ iShares MSCI Brazil ETF 5.6 58 -26 10.4 +3.4
IGRO iShares International Dividend Growth ETF 5.5 15 17 7.5 +0.5
CARZ First Trust NASDAQ Global Auto Index Fund 5.5 70 -38 3.8 -3.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 5.3 20 12 5.2 -1.9
FLBR Franklin FTSE Brazil ETF 5.1 19 13 13.2 +6.2
WWJD Inspire International ETF 5.1 80 -48 7.3 +0.3
KLMT Invesco MSCI Global Climate 500 ETF 5.0 10 22 5.4 -1.6
JSTC Adasina Social Justice All Cap Global ETF 4.9 89 -57 4.9 -2.1
WTAI WisdomTree Artificial Intelligence and Innovation Fund 4.9 45 -13 3.1 -3.9
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 4.9 80 -48 7.6 +0.6
FMET Fidelity Metaverse ETF 4.8 39 -7 5.4 -1.6
VT Vanguard Total World Stock ETF 4.7 7 25 5.5 -1.5
EDIV SPDR S&P Emerging Markets Dividend ETF 4.6 49 -17 12.0 +5.0
BTECX Baron Technology 4.6 75 -43 2.4 -4.6
SCHY Schwab International Dividend Equity ETF 4.5 14 18 9.3 +2.3
BLES Inspire Global Hope ETF 4.4 61 -29 6.4 -0.6
CLNR IQ Cleaner Transport ETF 4.4 45 -13 6.8 -0.2
BDAIX Baron Durable Advantage 4.4 75 -43 3.7 -3.3
FNDF Schwab Fundamental International Large Co. Index ETF 4.4 25 7 9.9 +2.9
DINT Davis Select International ETF 4.4 55 -23 6.0 -1.0
NTZG Nuveen Global Net Zero Transition ETF 4.4 56 -24 4.7 -2.3
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 4.3 12 20 4.8 -2.2
HFXI IQ FTSE International Equity Currency Neutral ETF 4.3 20 12 7.1 +0.1
EYLD Cambria Emerging Shareholder Yield ETF 4.2 66 -34 13.2 +6.2
GLOF iShares Global Equity Factor ETF 4.2 20 12 7.0 0.0
XT iShares Exponential Technologies ETF 4.1 46 -14 4.8 -2.2
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 4.1 46 -14 9.3 +2.3
DSTX Distillate International Fundamental Stability & Value ETF 4.1 55 -23 8.0 +1.0
ILF iShares Latin America 40 ETF 4.0 48 -16 10.4 +3.4
FBZ First Trust Brazil AlphaDEX Fund 3.9 80 -48 13.3 +6.3
JGLO JPMorgan Global Select Equity ETF 3.8 33 -1 4.5 -2.5
DWLD Davis Select Worldwide ETF 3.8 63 -31 6.7 -0.3
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 3.7 60 -28 9.8 +2.8
LEGR First Trust Indxx Innovative Transaction & Process ETF 3.7 65 -33 8.2 +1.2
VIDI Vident International Equity Strategy ETF 3.6 61 -29 10.2 +3.2
UIVM VictoryShares International Value Momentum ETF 3.3 35 -3 11.0 +4.0
AIQ Global X Artificial Intelligence & Technology ETF 3.3 68 -36 4.0 -3.0
UMMA Wahed Dow Jones Islamic World ETF 3.3 65 -33 4.6 -2.4
PICK iShares MSCI Global Metals & Mining Producers ETF 3.2 39 -7 12.8 +5.8
ASEA Global X FTSE Southeast Asia ETF 3.2 65 -33 6.3 -0.7
ARTY iShares Future AI & Tech ETF 3.1 47 -15 3.8 -3.2
DGIN VanEck Digital India ETF 3.1 71 -39 0.1 -6.9
DVYE iShares Emerging Markets Dividend ETF 3.0 49 -17 18.8 +11.8
SCHF Schwab International Equity ETF 3.0 6 26 7.5 +0.5
AFK VanEck Africa Index ETF 3.0 98 -66 9.1 +2.1
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 2.9 45 -13 8.9 +1.9
GVAL Cambria Global Value ETF 2.8 68 -36 13.1 +6.1
JPIN J.P. Morgan Diversified Return International Equity ETF 2.6 37 -5 8.9 +1.9
VEA Vanguard FTSE Developed Markets ETF 2.6 5 27 7.3 +0.3
EEMD AAM S&P Emerging Markets High Dividend Value ETF 2.6 49 -17 16.1 +9.1
TPIF Timothy Plan International ETF 2.5 62 -30 6.8 -0.2
DGT SPDR Global Dow ETF 2.5 50 -18 6.8 -0.2
GTEK Goldman Sachs Future Tech Leaders Equity ETF 2.5 75 -43 2.9 -4.2
MOTG VanEck Morningstar Global Wide Moat ETF 2.5 52 -20 5.6 -1.4
EZA iShares MSCI South Africa ETF 2.4 58 -26 10.3 +3.3
EDOG ALPS Emerging Sector Dividend Dogs ETF 2.4 60 -28 13.4 +6.4
EWW iShares MSCI Mexico ETF 2.4 50 -18 13.2 +6.2
FLMX Franklin FTSE Mexico ETF 2.4 19 13 16.2 +9.2
SDEM Global X MSCI SuperDividend Emerging Markets ETF 2.3 67 -35 15.0 +8.0
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 2.3 24 8 8.7 +1.7
METV Roundhill Ball Metaverse ETF 2.3 59 -27 3.4 -3.6
IDX VanEck Indonesia Index ETF 2.2 57 -25 8.8 +1.8
ADIV SmartETFs Asia Pacific Dividend Builder ETF 2.2 78 -46 9.0 +2.0
FDT First Trust Developed Markets ex-US AlphaDEX Fund 2.2 80 -48 9.1 +2.1
IPAV Global X Infrastructure Development ex-U.S. ETF 2.1 55 -23 9.7 +2.7
EIDO iShares MSCI Indonesia ETF 2.1 59 -27 7.5 +0.5
CIL VictoryShares International Volatility Wtd ETF 2.1 45 -13 7.0 -0.0
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 2.1 51 -19 7.1 +0.1
INCO Columbia India Consumer ETF 2.0 75 -43 1.5 -5.5
BTEK Future Tech ETF 1.9 88 -56 2.3 -4.7
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 1.9 45 -13 5.7 -1.3
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.9 65 -33 0.2 -6.8
CGGO Capital Group Global Growth Equity ETF 1.8 47 -15 4.6 -2.4
IGPT Invesco AI and Next Gen Software ETF 1.8 60 -28 3.8 -3.2
UAE iShares MSCI UAE ETF 1.8 59 -27 8.4 +1.4
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 1.7 86 -54 1.6 -5.4
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 1.7 86 -54 1.2 -5.8
BRAZ Global X Brazil Active ETF 1.7 75 -43 10.1 +3.1
QINT American Century Quality Diversified International ETF 1.6 39 -7 7.7 +0.7
ICOP iShares Copper and Metals Mining ETF 1.6 47 -15 10.1 +3.1
SPDW SPDR Portfolio Developed World ex-US ETF 1.6 3 29 7.2 +0.2
RGEF Rockefeller Global Equity ETF 1.6 55 -23 5.0 -2.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.6 9 23 5.4 -1.7
BNE Blue Horizon BNE ETF 1.6 87 -55 4.6 -2.4
MXI iShares Global Materials ETF 1.5 41 -9 7.0 -0.0
IXG iShares Global Financials ETF 1.5 42 -10 6.2 -0.8
BIOPX Baron Opportunity Retail 1.5 75 -43 1.0 -6.0
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.5 45 -13 -0.6 -7.6
LOUP Innovator Deepwater Frontier Tech ETF 1.4 70 -38 1.3 -5.7
FDTX Fidelity Disruptive Technology ETF 1.4 50 -18 2.8 -4.2
OBOR KraneShares MSCI One Belt One Road Index ETF 1.4 79 -47 10.3 +3.3
ISHP First Trust Nasdaq Retail ETF 1.4 60 -28 2.9 -4.2
QTUM Defiance Quantum ETF 1.3 40 -8 3.6 -3.4
FDNI First Trust Dow Jones International Internet ETF 1.3 65 -33 2.1 -4.9
SDIV Global X Superdividend ETF 1.3 58 -26 14.9 +7.9
TTAI FCF International Quality ETF 1.3 59 -27 5.6 -1.4
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.3 61 -29 1.2 -5.8
SDG iShares MSCI Global Sustainable Development Goals ETF 1.2 49 -17 5.6 -1.4
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 1.2 68 -36 8.2 +1.2
MOTI VanEck Morningstar International Moat ETF 1.2 58 -26 5.9 -1.1
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.2 56 -24 13.5 +6.5
IDAT iShares Future Cloud 5G and Tech ETF 1.1 47 -15 4.3 -2.7
GMET VanEck Green Metals ETF 1.1 63 -31 10.7 +3.7
DRIV Global X Autonomous & Electric Vehicles ETF 1.0 68 -36 4.8 -2.2
GGME Invesco Next Gen Media and Gaming ETF 1.0 60 -28 3.5 -3.5
SNSR Global X Internet of Things ETF 1.0 68 -36 4.6 -2.4
INQQ India Internet & Ecommerce ETF 1.0 86 -54 2.6 -4.4
DWX SPDR S&P International Dividend ETF 1.0 45 -13 6.5 -0.5
EPOL iShares MSCI Poland ETF 1.0 59 -27 12.9 +5.9
HAP VanEck Natural Resources ETF 1.0 50 -18 10.0 +3.0
CCNR ALPS CoreCommodity Natural Resources ETF 0.9 39 -7 11.0 +4.0
CGUS Capital Group Core Equity ETF 0.9 33 -1 4.4 -2.6
IBAT iShares Energy Storage & Materials ETF 0.9 47 -15 3.1 -3.9
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.9 12 20 8.3 +1.3
QAT iShares MSCI Qatar ETF 0.9 59 -27 9.4 +2.4
GINN Goldman Sachs Innovate Equity ETF 0.8 52 -20 2.8 -4.3
IDV iShares International Select Dividend ETF 0.8 51 -19 12.2 +5.2
FTAG First Trust Indxx Global Agriculture ETF 0.8 70 -38 9.7 +2.7
OSEA Harbor International Compounders ETF 0.8 55 -23 4.3 -2.7
KXI iShares Global Consumer Staples ETF 0.8 41 -9 5.7 -1.3
SATO Invesco Alerian Galaxy Crypto Economy ETF 0.7 61 -29 -2.4 -9.4
IXP iShares Global Comm Services ETF 0.7 42 -10 5.1 -2.0
EPHE iShares MSCI Philippines ETF 0.7 59 -27 8.9 +1.9
PBD Invesco Global Clean Energy ETF 0.7 75 -43 -5.3 -12.3
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.7 47 -15 5.5 -1.6
MOTO SmartETFs Smart Transportation & Technology ETF 0.7 68 -36 7.3 +0.3
EWM iShares MSCI Malaysia ETF 0.7 50 -18 5.5 -1.5
FID First Trust S&P International Dividend Aristocrats ETF 0.7 60 -28 9.0 +2.0
WDIV SPDR S&P Global Dividend ETF 0.7 40 -8 9.4 +2.4
CID VictoryShares International High Div Volatility Wtd ETF 0.7 45 -13 11.9 +4.9
IOO iShares Global 100 ETF 0.7 41 -9 4.8 -2.2
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.6 65 -33 12.8 +5.8
ICLN iShares Global Clean Energy ETF 0.6 41 -9 6.0 -1.0
RXI iShares Global Consumer Discretionary ETF 0.6 41 -9 5.4 -1.7
EV Mast Global Battery Recycling & Production ETF 0.6 65 -33 12.2 +5.2
GCOW Pacer Global Cash Cows Dividend ETF 0.6 60 -28 12.5 +5.5
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.6 58 -26 4.6 -2.4
OCEN IQ Clean Oceans ETF 0.6 45 -13 6.1 -0.9
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.6 72 -40 1.0 -6.0
SOCL Global X Social Media ETF 0.6 65 -33 -6.4 -13.4
KPOP KPOP and Korean Entertainment ETF 0.6 75 -43 -9.2 -16.2
IDRV iShares Self-driving EV & Tech ETF 0.5 47 -15 -0.4 -7.4
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.5 39 -7 -1.7 -8.7
FNDC Schwab Fundamental International Small Co. Index ETF 0.5 39 -7 7.2 +0.2
OND ProShares On-Demand ETF 0.5 58 -26 -2.2 -9.2
BGAIX Baron Global Advantage 0.5 75 -43 0.6 -6.4
OAIM OneAscent International Equity ETF 0.5 95 -63 5.1 -1.9
IVRS iShares Future Metaverse Tech and Communications ETF 0.4 47 -15 -4.9 -11.9
BBEU JPMorgan BetaBuilders Europe ETF 0.4 9 23 7.1 +0.1
GSFP Goldman Sachs Future Planet Equity ETF 0.4 75 -43 4.2 -2.8
ROBO ROBO Global Robotics & Automation Index ETF 0.4 95 -63 3.5 -3.5
FDCF Fidelity Disruptive Communications ETF 0.4 50 -18 2.6 -4.4
IQSI IQ Candriam International Equity ETF 0.4 15 17 6.6 -0.4
EXI iShares Global Industrials ETF 0.4 42 -10 4.5 -2.5
BATT Amplify Lithium & Battery Technology ETF 0.4 59 -27 -0.1 -7.1
LIT Global X Lithium & Battery Tech ETF 0.4 75 -43 9.1 +2.1
SUPL ProShares Supply Chain Logistics ETF 0.4 58 -26 14.2 +7.2
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.4 49 -17 7.0 -0.0
DIVI Franklin International Core Dividend Tilt Index ETF 0.4 9 23 8.1 +1.1
FLEE Franklin FTSE Europe ETF 0.4 9 23 7.2 +0.1
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.4 79 -47 5.1 -1.9
EPU iShares MSCI Peru and Global Exposure ETF 0.4 59 -27 5.5 -1.5
TUR iShares MSCI Turkey ETF 0.4 58 -26 19.7 +12.7
CGGR Capital Group Growth ETF 0.4 39 -7 3.2 -3.8
AGNG Global X Aging Population ETF 0.4 50 -18 4.2 -2.8
SETM Sprott Energy Transition Materials ETF 0.4 65 -33 6.0 -1.1
SPEU SPDR Portfolio Europe ETF 0.3 7 25 7.1 +0.1
ANEW ProShares MSCI Transformational Changes ETF 0.3 45 -13 3.6 -3.5
VEGI iShares MSCI Agriculture Producers ETF 0.3 39 -7 9.2 +2.2
VGK Vanguard FTSE Europe ETF 0.3 11 21 7.1 +0.1
BLLD JPMorgan Sustainable Infrastructure ETF 0.3 49 -17 5.7 -1.3
IXJ iShares Global Healthcare ETF 0.3 42 -10 6.5 -0.5
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.3 10 22 7.7 +0.6
RNRG Global X Renewable Energy Producers ETF 0.3 66 -34 5.5 -1.5
ERTH Invesco MSCI Sustainable Future ETF 0.3 62 -30 3.6 -3.4
CUT Invesco MSCI Global Timber ETF 0.3 61 -29 8.4 +1.4
WOOD iShares Global Timber & Forestry ETF 0.3 42 -10 9.8 +2.8
IDHQ Invesco S&P International Developed High Quality ETF 0.3 29 3 6.5 -0.5
GSID Goldman Sachs MarketBeta International Equity ETF 0.3 20 12 7.0 -0.0
RING iShares MSCI Global Gold Miners ETF 0.3 39 -7 5.6 -1.4
HELX Franklin Genomic Advancements ETF 0.3 50 -18 0.4 -6.7
FPXI First Trust International Equity Opportunities ETF 0.3 70 -38 4.9 -2.1
URA Global X Uranium ETF 0.3 69 -37 2.4 -4.6
JETS U.S. Global Jets ETF 0.3 60 -28 -13.3 -20.3
FPAG FPA Global Equity ETF 0.2 49 -17 5.4 -1.6
BKIE BNY Mellon International Equity ETF 0.2 4 28 7.1 +0.1
BPAY BlackRock Future Financial and Technology ETF 0.2 70 -38 8.2 +1.2
SHPP Pacer Industrials and Logistics ETF 0.2 60 -28 9.9 +2.9
FKU First Trust United Kingdom AlphaDEX Fund 0.2 80 -48 8.5 +1.5
BFOR ALPS Barron's 400 ETF 0.2 65 -33 5.6 -1.4
BTHM BlackRock Future U.S. Themes ETF 0.2 60 -28 4.2 -2.8
COPX Global X Copper Miners ETF 0.2 65 -33 8.2 +1.2
DMAT Global X Disruptive Materials ETF 0.2 59 -27 10.5 +3.5
EQAL Invesco Russell 1000 Equal Weight ETF 0.2 20 12 6.3 -0.7
FNDA Schwab Fundamental US Small Co. Index ETF 0.2 25 7 6.0 -1.0
FXZ First Trust Materials AlphaDEX Fund 0.2 61 -29 11.3 +4.3
GNR SPDR S&P Global Natural Resources ETF 0.2 40 -8 9.7 +2.7
IYM iShares U.S. Basic Materials ETF 0.2 40 -8 6.7 -0.3
JMOM JPMorgan U.S. Momentum Factor ETF 0.2 12 20 4.5 -2.5
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.2 18 14 7.2 +0.2
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 20 5.8 -1.2
PWB Invesco Large Cap Growth ETF 0.2 56 -24 3.2 -3.8
QDF FlexShares Quality Dividend Index Fund 0.2 37 -5 4.2 -2.9
VRAI Virtus Real Asset Income ETF 0.2 55 -23 8.0 +1.0
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.2 85 -53 8.6 +1.6
CCSO Carbon Collective Climate Solutions US Equity ETF 0.2 35 -3 1.9 -5.1
PTL Inspire 500 ETF 0.2 9 23 5.6 -1.4
AGMI Themes Silver Miners ETF 0.2 35 -3 4.5 -2.5
COPA Themes Copper Miners ETF 0.2 35 -3 7.3 +0.3
LIVR Intelligent Livermore ETF 0.2 69 -37 6.0 -1.0
BECO BlackRock Future Climate and Sustainable Economy ETF 0.2 70 -38 11.9 +4.9
CTEC Global X CleanTech ETF 0.2 50 -18 2.9 -4.1
SMOG VanEck Low Carbon Energy ETF 0.2 61 -29 2.4 -4.7
ETEC iShares Breakthrough Environmental Solutions ETF 0.2 47 -15 8.0 +1.0
QDEF FlexShares Quality Dividend Defensive Index Fund 0.2 37 -5 3.9 -3.1
MVPS Amplify Thematic All-Stars ETF 0.2 49 -17 2.7 -4.4
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.2 70 -38 3.5 -3.5
HART IQ Healthy Hearts ETF 0.2 45 -13 5.0 -2.0
IBUY Amplify Online Retail ETF 0.2 65 -33 1.4 -5.7
JHDV John Hancock U.S. High Dividend ETF 0.2 34 -2 6.2 -0.8
FTRI First Trust Indxx Global Natural Resources Income ETF 0.2 70 -38 9.8 +2.8
EPS WisdomTree U.S. LargeCap Fund 0.2 8 24 5.9 -1.1
JXI iShares Global Utilities ETF 0.2 43 -11 5.9 -1.1
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.2 39 -7 7.4 +0.4
IPOS Renaissance International IPO ETF 0.2 80 -48 -0.8 -7.8
VFMO Vanguard U.S. Momentum Factor ETF 0.2 13 19 2.1 -4.9
CRAK VanEck Oil Refiners ETF 0.2 61 -29 14.7 +7.7
FDD First Trust Stoxx European Select Dividend Index Fund 0.2 58 -26 13.6 +6.6
IDOG ALPS International Sector Dividend Dogs ETF 0.2 50 -18 12.8 +5.8
IHAK iShares Cybersecurity & Tech ETF 0.2 47 -15 3.2 -3.8
TMFG Motley Fool Global Opportunities ETF 0.2 85 -53 3.2 -3.8
RVRB Reverb ETF 0.1 30 2 4.7 -2.3
GDVD R3 Global Dividend Growth ETF 0.1 88 -56 5.5 -1.5
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 22 5.3 -1.7
AQWA Global X Clean Water ETF 0.1 50 -18 4.2 -2.8
CGW Invesco S&P Global Water Index ETF 0.1 57 -25 4.4 -2.6
PIO Invesco Global Water ETF 0.1 75 -43 5.2 -1.9
EFRA iShares Environmental Infrastructure and Industrials ETF 0.1 47 -15 4.9 -2.1
VYM Vanguard High Dividend Yield Index ETF 0.1 6 26 6.8 -0.2
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 17 5.9 -1.1
DTCR Global X Data Center & Digital Infrastructure ETF 0.1 50 -18 4.7 -2.4
FEP First Trust Europe AlphaDEX Fund 0.1 80 -48 7.8 +0.8
FEUZ First Trust Eurozone AlphaDEX ETF 0.1 80 -48 6.7 -0.3
GREK Global X MSCI Greece ETF 0.1 57 -25 -4.0 -11.0
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.1 80 -48 3.2 -3.8
RFEU First Trust Riverfront Dynamic Europe ETF 0.1 83 -51 11.1 +4.1
AFLG First Trust Active Factor Large Cap ETF 0.1 55 -23 5.8 -1.2
ECH iShares MSCI Chile ETF 0.1 58 -26 9.8 +2.8
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.1 80 -48 12.3 +5.3
GDEF Goldman Sachs Defensive Equity ETF 0.1 55 -23 4.7 -2.3
AVRE Avantis Real Estate ETF 0.1 17 15 5.9 -1.1
REET iShares Global REIT ETF 0.1 14 18 6.2 -0.8
RWO SPDR Dow Jones Global Real Estate ETF 0.1 50 -18 6.1 -0.9
RWX SPDR Dow Jones International Real Estate ETF 0.1 59 -27 7.4 +0.4
DFGR Dimensional Global Real Estate ETF 0.1 22 10 6.2 -0.8
BINV Brandes International ETF 0.1 70 -38 8.5 +1.5
BOAT SonicShares Global Shipping ETF 0.1 69 -37 34.8 +27.8
ILIT iShares Lithium Miners and Producers ETF 0.1 47 -15 12.3 +5.3
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 -7 6.8 -0.2
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -43 4.3 -2.8
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.1 29 3 4.3 -2.7
ZSB USCF Sustainable Battery Metals Strategy Fund 0.1 61 -29 18.6 +11.6
ESGG FlexShares STOXX Global ESG Select Index Fund 0.1 42 -10 5.1 -1.9
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 20 4.5 -2.5
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 7 6.8 -0.2
HLAL Wahed FTSE USA Shariah ETF 0.0 50 -18 4.9 -2.1
CCMG CCM Global Equity ETF 0.0 34 -2 7.6 +0.6
DFVX Dimensional US Large Cap Vector ETF 0.0 22 10 6.1 -0.9
IWY iShares Russell Top 200 Growth ETF 0.0 20 12 4.6 -2.4
ILCV iShares Morningstar Value ETF 0.0 4 28 6.2 -0.8
DIVB iShares Core Dividend ETF 0.0 5 27 7.5 +0.5
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.0 58 -26 10.2 +3.2
IWF iShares Russell 1000 Growth ETF 0.0 19 13 4.5 -2.5
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 17 4.7 -2.3
JHML John Hancock Multifactor Large Cap ETF 0.0 29 3 5.3 -1.7
VFMF Vanguard U.S. Multifactor ETF 0.0 18 14 8.5 +1.5
VONG Vanguard Russell 1000 Growth ETF 0.0 8 24 4.6 -2.5
NACP Impact Shares NAACP Minority Empowerment ETF 0.0 49 -17 5.0 -2.0
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 23 4.8 -2.2
DUHP Dimensional US High Profitability ETF 0.0 21 11 6.5 -0.6
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 7 6.8 -0.2
IWL iShares Russell Top 200 ETF 0.0 15 17 4.7 -2.3
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.0 2 30 5.0 -2.0
BKLC BNY Mellon US Large Cap Core Equity ETF 0.0 0 32 5.0 -2.0
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 15 6.9 -0.1
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.0 7 25 4.9 -2.1
VOTE TCW Transform 500 ETF 0.0 5 27 4.9 -2.1
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 21 4.9 -2.1
ILCB iShares Morningstar U.S. Equity ETF 0.0 3 29 4.9 -2.1
DFUS Dimensional U.S. Equity ETF 0.0 9 23 4.9 -2.1
IWB iShares Russell 1000 ETF 0.0 15 17 4.8 -2.2
ONEO SPDR Russell 1000 Momentum Focus ETF 0.0 20 12 6.8 -0.2
VONE Vanguard Russell 1000 ETF 0.0 8 24 4.9 -2.1
DFAU Dimensional US Core Equity Market ETF 0.0 12 20 5.0 -2.0
IWV iShares Russell 3000 ETF 0.0 20 12 4.7 -2.3
VTHR Vanguard Russell 3000 ETF 0.0 10 22 4.7 -2.3
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 15 5.3 -1.7
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 3 6.4 -0.6
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.0 25 7 5.2 -1.8
DCOR Dimensional US Core Equity 1 ETF 0.0 14 18 5.3 -1.7
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 14 5.4 -1.6
EWX SPDR S&P Emerging Markets Small Cap ETF 0.0 65 -33 8.2 +1.2

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

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RESULTS & ESTIMATES

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

 

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

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

OTHER FUNDAMENTAL METRICS

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

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2023 2024E 2025E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 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 13.8 %
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		 1.51 CATEGORY
AVERAGE		 1.48
 
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.