UP Fintech China-U.S. Internet Titans ETF
ALTAR
Score™
4.3% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
27.2x P/Sales
ratio
2.0x
P/BV
ratio
5.2x Div.
yield
0.2%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The TigerShares China-U.S. Internet Titans ETF tracks a market-cap weighted index of the 10 largest internet companies in each of the Chinese and US markets.

FUND BASICS
Category Global Equities
Fund Sponsor TigerShares
Website www.tigershares.com
Inception date Nov 06, 2018
Assets (mns) $16
Currency USD
Expense ratio 59 bp
Distributions Annually

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 21
Wgt avg mkt cap (mns) $411,450
Large cap (>$10bn) 96.1%
Mid cap ($2-10bn) 0.0%
Small cap (<$2bn) 0.0%
Developed mkts 55.1%
Emerging mkts 44.9%

TOP TEN HOLDINGS
ALIBABA GROUP HOLDING LTD. SPONSOR 7.9 %
TENCENT HOLDINGS LTD 7.9 %
AMAZON.COM INC 7.6 %
ALPHABET INC. CLASS C 7.4 %
FACEBOOK 7.2 %
ZOOM VIDEO COMMUNICATIONS, INC. CL 6.2 %
AUTOHOME, INC. SPONSORED ADR CLASS 4.7 %
CTRIP.COM INTERNATIONAL-ADR 4.4 %
UBER TECHNOLOGIES, INC. 4.4 %
BAIDU INC - SPON ADR 4.2 %
Total 61.7 %

TOP COUNTRY EXPOSURE
CHINA 48.5 %
UNITED STATES 47.8 %
ARGENTINA 3.9 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
43.2% 56.8% -- -- 35.7%

Market Correlations
versus... Beta R-squared
S&P500 0.98 74%
MSCI EAFE 1.01 62%
MSCI Emg. Mkts. 0.80 61%

Technical Indicators
Recent close $39.68
30d moving avg. $40.40
Annualized volatility 24.1%
Short interest (ETF) 0.4%
Relative strength (RSI) 51

Liquidity measures
Avg. volume (thou.) 2
Turnover 0.5%
Bid/Ask (% of price) 0.61%
ADV underlying (mns) $2,482

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 potential alternatives to the UP Fintech China-U.S. Internet Titans ETF ETF based on the alternatives' overlap in portfolio holdings with TTTN. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: TTTN Expense: 59 bp ALTAR Score™: 4.3%


ALTERNATIVE ETFs BASED ON OVERLAP WITH TTTN
Ticker Fund
Name
Overlap1
vs TTTN
(%)
Expense
ratio
(bp)
Savings
vs TTTN
(bp)
ALTAR
Score™
(%)
ALTAR
vs TTTN
(%)
PNQI Invesco NASDAQ Internet ETF 61.6 60 -1 1.0 -3.3
KWEB KraneShares CSI China Internet ETF 44.5 76 -17 2.0 -2.3
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 39.9 86 -27 2.3 -2.0
OGIG O'Shares Global Internet Giants ETF 34.3 48 11 0.8 -3.5
FDNI First Trust Dow Jones International Internet ETF 31.5 65 -6 2.2 -2.1
EBIZ Global X E-Commerce ETF 30.7 50 9 2.7 -1.6
PGJ Invesco Golden Dragon China ETF 30.5 70 -11 3.3 -0.9
FDN First Trust Dow Jones Internet Index Fund 30.3 52 7 2.1 -2.2
CHIL Global X MSCI China Large-Cap 50 ETF 29.9 29 30 8.0 +3.7
DWLD Davis Select Worldwide ETF 29.5 63 -4 6.7 +2.4
CXSE WisdomTree China ex-State-Owned Enterprises Fund 29.4 32 27 6.1 +1.8
AIQ Global X Future Analytics Tech ETF 28.2 68 -9 4.1 -0.2
ECON Columbia Emerging Markets Consumer ETF 28.1 59 0 4.6 +0.4
IXP iShares Global Comm Services ETF 26.3 46 13 5.8 +1.5
FLCH Franklin FTSE China ETF 26.1 19 40 8.6 +4.3
MCHI iShares MSCI China ETF 26.1 59 0 8.1 +3.8
KEMQ Kraneshares Emerging Markets Consumer Technology Index ETF 25.7 60 -1 4.5 +0.2
IGM iShares Expanded Tech Sector ETF 25.5 46 13 5.2 +1.0
GXC SPDR S&P China ETF 25.3 59 0 8.3 +4.1
XNTK SPDR NYSE Technology ETF 25.3 35 24 4.0 -0.3
TMFC Motley Fool 100 Index ETF 25.1 50 9 5.1 +0.9
GBUY Goldman Sachs Motif New Age Consumer ETF 25.1 50 9 1.8 -2.5
EEMO Invesco S&P Emerging Markets Momentum ETF 25.1 29 30 6.5 +2.3
SOCL Global X Social Media ETF 25.1 65 -6 1.8 -2.5
ENTR Entrepreneur 30 Fund 24.8 49 10 1.3 -2.9
PLAT WisdomTree Modern Tech Platforms Fund 24.5 20 39 1.8 -2.5
KALL KraneShares FTSE Emerging Markets Plus ETF 24.1 49 10 8.3 +4.0
WUGI Esoterica NextG Economy ETF 23.8 75 -16 1.6 -2.7
GIGE SoFi Gig Economy ETF 23.8 59 0 -0.7 -4.9
BKF iShares MSCI BRIC ETF 23.7 69 -10 7.7 +3.5
CQQQ Invesco China Technology ETF 23.6 70 -11 4.1 -0.2
BUYZ Franklin Disruptive Commerce ETF 23.6 50 9 -0.2 -4.4
JOYY Infusive Compounding Global Equities ETF 23.5 50 9 6.1 +1.8
DUSA Davis Select U.S. Equity ETF 23.1 63 -4 6.1 +1.9
FDG American Century Focused Dynamic Growth ETF 23.1 45 14 1.6 -2.6
QYLD Global X NASDAQ 100 Covered Call ETF 22.9 60 -1 5.4 +1.2
CN Xtrackers MSCI All China Equity ETF 22.9 50 9 8.4 +4.1
IETC iShares Evolved U.S. Technology ETF 22.6 18 41 5.8 +1.6
FNI First Trust Chindia ETF 22.5 60 -1 2.6 -1.6
NUSI Nationwide Risk-Managed Income ETF 22.4 68 -9 5.5 +1.2
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 22.3 60 -1 5.3 +1.1
JKE iShares Morningstar Large-Cap Growth ETF 22.3 25 34 2.8 -1.5
QQQ Invesco QQQ Trust 22.2 20 39 5.7 +1.4
CHIQ Global X China Consumer ETF 22.0 65 -6 7.4 +3.2
LRGE ClearBridge Large Cap Growth ESG ETF 21.7 59 0 4.4 +0.2
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 21.7 32 27 6.0 +1.8
MGK Vanguard Mega Cap Growth ETF 21.6 7 52 6.0 +1.8
MMLG First Trust Multi-Manager Large Growth ETF 21.0 85 -26 2.5 -1.7
SCHG Schwab U.S. Large-Cap Growth ETF 20.8 4 55 5.4 +1.2
GMF SPDR S&P Emerging Asia Pacific ETF 20.7 49 10 7.5 +3.3
IWY iShares Russell Top 200 Growth ETF 20.7 20 39 6.0 +1.8
SYG SPDR MFS Systematic Growth Equity ETF 19.9 60 -1 5.3 +1.1
HIPR Direxion High Growth ETF 19.7 40 19 6.8 +2.5
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 19.7 95 -36 8.4 +4.1
PBEE Invesco PureBeta FTSE Emerging Markets ETF 19.5 15 44 8.9 +4.6
ADRE Invesco BLDRS Emerging Markets 50 ADR Index Fund 19.5 18 41 5.5 +1.2
AAXJ iShares MSCI All Country Asia ex Japan ETF 19.4 68 -9 7.2 +3.0
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 19.3 30 29 7.9 +3.7
SCHE Schwab Emerging Markets Equity ETF 19.3 11 48 8.2 +3.9
CHIC Global X Nasdaq China Technology ETF 19.2 66 -7 4.2 -0.1
TECB iShares US Tech Breakthrough Multisector ETF 19.1 40 19 4.7 +0.4
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 19.1 20 39 7.0 +2.7
EEMA iShares MSCI Emerging Markets Asia ETF 19.0 50 9 7.8 +3.5
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 19.0 21 38 3.5 -0.8
FLAX Franklin FTSE Asia Ex Japan ETF 19.0 19 40 7.9 +3.6
XLG Invesco S&P 500 Top 50 ETF 18.8 20 39 5.8 +1.5
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 18.6 36 23 7.7 +3.4
SPMO Invesco S&P 500 Momentum ETF 18.6 13 46 5.8 +1.5
ESGE iShares ESG MSCI EM ETF 18.5 25 34 8.8 +4.6
VOOG Vanguard S&P 500 Growth ETF 18.5 10 49 5.7 +1.5
IWF iShares Russell 1000 Growth ETF 18.4 19 40 5.5 +1.2
VUG Vanguard Growth Index Fund 18.4 4 55 5.5 +1.3
XLC The Communication Services Select Sector SPDR Fund 18.4 13 46 5.7 +1.4
FCOM Fidelity MSCI Telecommunication Services Index ETF 18.4 8 51 5.0 +0.7
VOX Vanguard Telecommunication Services Index Fund 18.4 10 49 4.8 +0.6
NUEM Nuveen ESG Emerging Markets Equity ETF 18.2 45 14 7.1 +2.8
IVW iShares S&P 500 Growth ETF 18.2 18 41 5.6 +1.4
EEM iShares MSCI Emerging Markets ETF 18.2 68 -9 7.6 +3.3
VWO Vanguard FTSE Emerging Markets ETF 18.2 10 49 8.2 +4.0
SPYG SPDR Portfolio S&P 500 Growth ETF 18.1 4 55 5.8 +1.5
VONG Vanguard Russell 1000 Growth Index Fund 18.1 8 51 5.6 +1.3
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 18.1 65 -6 7.6 +3.3
PEK VanEck Vectors ChinaAMC CSI 300 ETF 17.9 60 -1 7.2 +3.0
ARKF ARK Fintech Innovation ETF 17.7 75 -16 0.7 -3.6
IUSG iShares Core S&P US Growth ETF 17.6 4 55 5.7 +1.5
SFYF SoFi 50 ETF 17.5 29 30 2.7 -1.6
DVEM WisdomTree Emerging Markets Dividend Fund 17.5 32 27 7.4 +3.2
OEF iShares S&P 100 ETF 17.0 20 39 5.8 +1.5
SPEM SPDR Portfolio Emerging Markets ETF 17.0 11 48 8.1 +3.9
FMK First Trust Mega Cap AlphaDEX Fund 16.9 70 -11 4.9 +0.6
DINT Davis Select International ETF 16.9 68 -9 6.1 +1.8
CACG ClearBridge All Cap Growth ETF 16.8 54 5 4.5 +0.3
CLOU Global X Cloud Computing ETF 16.6 68 -9 0.6 -3.7
IEMG iShares Core MSCI Emerging Markets ETF 16.5 13 46 8.1 +3.8
GVIP Goldman Sachs Hedge Industry VIP ETF 16.4 45 14 3.9 -0.4
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 16.2 45 14 7.7 +3.5
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 15.9 40 19 7.4 +3.2
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 15.8 12 47 5.0 +0.8
ESG FlexShares STOXX US ESG Impact Index Fund 15.5 32 27 5.6 +1.4

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

  2015 2016 2017 2018 2019 2020E 2021E
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
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
UP Fintech China-U.S. Internet Titans 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 21.5 %
Divided by: Fwd. P/BV 4.4 x
Less: Expense ratio 59 bp
Equals: ALTAR Score 4.3 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.27 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.