VictoryShares Emerging Markets Value Momentum ETF
ALTAR
Score™		 12.1% info Recommen-
dation		 SPECULATIVE
2024E    2025E
P/E
ratio		 10.2x P/Sales
ratio		 0.7x
P/BV
ratio		 1.1x Div.
yield		 3.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The USAA MSCI Emerging Markets Value Momentum Blend Index ETF tracks a multi-factor-selected, volatility-weighted index of stocks from emerging economies.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor USAA Asset Management
Website www.usaa.com
Inception date Oct 24, 2017
Assets (mns) $180
Currency USD
Expense ratio 45 bp
Distributions Semi-annual

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 173
Wgt avg mkt cap (mns) $29,639
Large cap (>$10bn) 47.6%
Mid cap ($2-10bn) 51.1%
Small cap (<$2bn) 1.3%
Developed mkts 3.3%
Emerging mkts 96.7%

TOP TEN HOLDINGS
SUN PHARMACEUTICAL INDUS 1.3 %
BHARTI AIRTEL LIMITED 1.2 %
MRF LTD 1.2 %
BOSCH LTD 1.1 %
IND & COMM BK OF CHINA - H 1.1 %
LIC HOUSING FINANCE LTD 1.1 %
GENTING BERHAD 1.1 %
CIA PARANAENSE DE ENERGI-PFB 1.0 %
SIME DARBY BERHAD 1.0 %
BANCO DO BRASIL SA 1.0 %
Total 11.1 %

TOP COUNTRY EXPOSURE
INDIA 25.5 %
CHINA 21.3 %
TAIWAN 18.5 %
BRAZIL 7.9 %
TURKEY 5.9 %
MALAYSIA 3.8 %
MEXICO 3.6 %
CHILE 2.4 %
SOUTH AFRICA 2.0 %
HONG KONG 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.
11.8% 25.3% 7.0% -- 3.2%

Market Correlations
versus... Beta R-squared
S&P500 0.63 52%
MSCI EAFE 0.75 77%
MSCI Emg. Mkts. 0.81 87%

Technical Indicators
Recent close $47.30
30d moving avg. $49.13
Annualized volatility 15.1%
Short interest (ETF) 0.0%
Relative strength (RSI) 48

Liquidity measures
Avg. volume (thou.) 3
Turnover 0.1%
Bid/Ask (% of price) 0.19%
ADV underlying (mns) $7,578

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 305 potential alternatives to the VictoryShares Emerging Markets Value Momentum ETF ETF based on the alternatives' overlap in portfolio holdings with UEVM. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: UEVM Expense: 45 bp ALTAR Score™: 12.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH UEVM
Ticker Fund
Name		 Overlap1
vs UEVM
(%)		 Expense
ratio
(bp)		 Savings
vs UEVM
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs UEVM
(%)
ROAM Hartford Multifactor Emerging Markets ETF 29.7 44 1 15.4 +3.3
FEM First Trust Emerging Markets AlphaDEX Fund 24.5 80 -35 12.7 +0.7
PXH Invesco FTSE RAFI Emerging Markets ETF 22.2 49 -4 12.0 -0.1
EVLU iShares MSCI Emerging Markets Value Factor ETF 21.8 35 10 12.3 +0.2
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 21.3 50 -5 12.8 +0.7
EEMO Invesco S&P Emerging Markets Momentum ETF 21.1 29 16 5.4 -6.7
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 21.0 39 6 12.3 +0.2
EMMF WisdomTree Emerging Markets Multifactor Fund 20.4 48 -3 8.6 -3.5
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 20.3 44 1 10.5 -1.6
FDEM Fidelity Emerging Markets Multifactor ETF 18.1 25 20 12.3 +0.2
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 18.0 88 -43 7.2 -4.9
RNEM First Trust Emerging Markets Equity Select ETF 16.6 75 -30 7.2 -4.9
JHEM John Hancock Multifactor Emerging Markets ETF 16.1 49 -4 8.0 -4.1
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 15.6 25 20 6.4 -5.7
EMGF iShares Emerging Markets Equity Factor ETF 15.3 25 20 8.3 -3.8
FXI iShares China Large-Cap ETF 15.3 74 -29 8.1 -4.0
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 15.2 30 15 8.0 -4.1
DEHP Dimensional Emerging Markets High Profitability ETF 14.9 41 4 4.9 -7.2
GMF SPDR S&P Emerging Asia Pacific ETF 14.6 49 -4 6.0 -6.1
BKF iShares MSCI BIC ETF 14.5 69 -24 6.7 -5.4
DVYE iShares Emerging Markets Dividend ETF 14.5 49 -4 18.6 +6.5
RODE Hartford Multifactor Diversified International ETF 14.5 29 16 11.6 -0.5
DFEV Dimensional Emerging Markets Value ETF 14.4 43 2 10.5 -1.6
ECON Columbia Emerging Markets Consumer ETF 13.9 49 -4 7.2 -4.9
AVES Avantis Emerging Markets Value ETF 13.8 36 9 11.4 -0.7
DEM WisdomTree Emerging Markets High Dividend Fund 13.8 63 -18 18.7 +6.6
ECOW Pacer Emerging Markets Cash Cows 100 ETF 13.7 70 -25 9.1 -3.0
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 13.6 40 5 8.1 -4.0
AVEM Avantis Emerging Markets Equity ETF 13.5 33 12 8.7 -3.4
SCHE Schwab Emerging Markets Equity ETF 13.3 11 34 6.9 -5.2
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 13.2 32 13 6.6 -5.5
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 13.1 45 0 10.8 -1.3
EYLD Cambria Emerging Shareholder Yield ETF 12.9 66 -21 13.1 +1.0
SPEM SPDR Portfolio Emerging Markets ETF 12.8 7 38 7.2 -4.9
PIN Invesco India ETF 12.6 78 -33 4.2 -7.9
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 12.6 15 30 10.2 -1.9
BKEM BNY Mellon Emerging Markets Equity ETF 12.5 11 34 8.3 -3.8
EEM iShares MSCI Emerging Markets ETF 12.5 69 -24 6.7 -5.4
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 12.5 36 9 7.7 -4.4
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 12.4 66 -21 9.9 -2.2
FLIN Franklin FTSE India ETF 12.4 19 26 4.5 -7.6
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 12.4 15 30 7.1 -5.0
EEMA iShares MSCI Emerging Markets Asia ETF 12.3 49 -4 6.4 -5.7
XCEM Columbia EM Core ex-China ETF 12.3 16 29 7.6 -4.5
VWO Vanguard FTSE Emerging Markets ETF 12.3 8 37 6.9 -5.2
MCHI iShares MSCI China ETF 12.2 59 -14 8.4 -3.7
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 12.2 18 27 7.0 -5.1
DFAE Dimensional Emerging Core Equity Market ETF 12.0 35 10 7.1 -5.0
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 11.9 30 15 7.2 -4.9
INDA iShares MSCI India ETF 11.9 65 -20 4.0 -8.1
XCNY SPDR S&P Emerging Markets ex-China ETF 11.9 15 30 6.1 -6.0
NUEM Nuveen ESG Emerging Markets Equity ETF 11.8 36 9 6.3 -5.8
FLCH Franklin FTSE China ETF 11.7 19 26 8.8 -3.3
DFEM Dimensional Emerging Markets Core Equity 2 ETF 11.5 38 7 7.7 -4.4
FLN First Trust Latin America AlphaDEX Fund 11.5 80 -35 8.3 -3.8
IEMG iShares Core MSCI Emerging Markets ETF 11.5 9 36 7.3 -4.8
KALL KraneShares MSCI All China Index ETF 11.5 49 -4 8.9 -3.2
FLAX Franklin FTSE Asia Ex Japan ETF 11.4 19 26 6.8 -5.3
AAXJ iShares MSCI All Country Asia ex Japan ETF 11.4 70 -25 6.0 -6.1
EWT iShares MSCI Taiwan ETF 11.4 58 -13 5.5 -6.6
XC WisdomTree Emerging Markets Ex-China Fund 11.1 32 13 5.8 -6.3
EMXC iShares MSCI Emerging Markets ex China ETF 11.0 25 20 6.5 -5.6
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 10.9 24 21 9.1 -3.0
VIDI Vident International Equity Strategy ETF 10.8 61 -16 10.1 -2.0
GXC SPDR S&P China ETF 10.8 59 -14 8.4 -3.7
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 10.5 95 -50 10.1 -2.0
FCA First Trust China AlphaDEX Fund 10.4 80 -35 15.8 +3.7
EMXF iShares ESG Advanced MSCI EM ETF 10.4 16 29 6.7 -5.4
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 10.2 59 -14 11.1 -1.0
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 10.2 32 13 6.1 -6.0
FLLA Franklin FTSE Latin America ETF 10.2 19 26 13.2 +1.1
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 10.0 33 12 8.1 -4.0
EPI WisdomTree India Earnings Fund 10.0 85 -40 5.9 -6.2
EEMD AAM S&P Emerging Markets High Dividend Value ETF 9.9 49 -4 16.4 +4.3
STXE Strive Emerging Markets Ex-China ETF 9.9 32 13 6.8 -5.3
ESGE iShares ESG Aware MSCI EM ETF 9.7 25 20 6.9 -5.2
FLTW Franklin FTSE Taiwan ETF 9.7 19 26 5.7 -6.4
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 9.6 41 4 7.2 -4.9
LDEM iShares ESG MSCI EM Leaders ETF 9.6 17 28 7.3 -4.8
SDEM Global X MSCI SuperDividend Emerging Markets ETF 9.3 67 -22 14.6 +2.5
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 8.7 20 25 6.7 -5.4
GVAL Cambria Global Value ETF 8.5 68 -23 12.7 +0.6
EQLT iShares MSCI Emerging Markets Quality Factor ETF 8.4 35 10 7.2 -4.9
EDIV SPDR S&P Emerging Markets Dividend ETF 8.3 49 -4 11.9 -0.2
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 8.1 58 -13 10.0 -2.1
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 8.0 90 -45 5.9 -6.2
FBZ First Trust Brazil AlphaDEX Fund 7.9 80 -35 13.4 +1.3
NFTY First Trust India NIFTY 50 Equal Weight ETF 7.6 80 -35 6.0 -6.1
EMDM First Trust Bloomberg Emerging Market Democracies ETF 7.4 75 -30 7.9 -4.2
INDY iShares India 50 ETF 7.4 89 -44 4.2 -7.9
FLBR Franklin FTSE Brazil ETF 7.1 19 26 13.4 +1.3
EELV Invesco S&P Emerging Markets Low Volatility ETF 7.0 29 16 8.7 -3.4
AIA iShares Asia 50 ETF 6.4 50 -5 6.6 -5.5
EDOG ALPS Emerging Sector Dividend Dogs ETF 6.4 60 -15 13.7 +1.6
IQDF FlexShares International Quality Dividend Index Fund 6.4 47 -2 12.6 +0.5
EWZ iShares MSCI Brazil ETF 6.3 58 -13 10.6 -1.5
ACWV iShares MSCI Global Min Vol Factor ETF 5.9 20 25 6.2 -5.9
IQDY FlexShares International Quality Dividend Dynamic Index Fund 5.7 47 -2 9.1 -3.0
TUR iShares MSCI Turkey ETF 5.7 58 -13 18.7 +6.7
MINV Matthews Asia Innovators Active ETF 5.6 79 -34 3.0 -9.1
FTHF First Trust Emerging Markets Human Flourishing ETF 5.5 75 -30 8.8 -3.3
JCHI JPMorgan Active China ETF 5.4 65 -20 8.0 -4.1
VYMI Vanguard International High Dividend Yield ETF 5.1 22 23 9.7 -2.4
LEGR First Trust Indxx Innovative Transaction & Process ETF 4.9 65 -20 8.0 -4.1
ACWX iShares MSCI ACWI ex U.S. ETF 4.5 34 11 6.8 -5.3
IQDE FlexShares International Quality Dividend Defensive Index ET 4.4 47 -2 14.6 +2.5
EMC Global X Emerging Markets Great Consumer ETF 4.4 75 -30 4.6 -7.5
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 4.4 80 -35 12.0 -0.1
VEU Vanguard FTSE All-World ex-US Index Fund 4.4 8 37 7.1 -5.0
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 4.3 41 4 7.3 -4.8
GXUS Goldman Sachs MarketBeta Total International Equity ETF 4.3 18 27 6.8 -5.3
SMIN iShares MSCI India Small Cap ETF 4.2 79 -34 3.4 -8.7
IXUS iShares Core MSCI Total International Stock ETF 4.2 7 38 7.0 -5.1
DFAX Dimensional World ex U.S. Core Equity 2 ETF 4.2 30 15 7.8 -4.3
VXUS Vanguard Total International Stock ETF 4.2 7 38 7.1 -5.0
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 4.0 42 3 7.7 -4.4
ADIV SmartETFs Asia Pacific Dividend Builder ETF 4.0 78 -33 8.9 -3.2
VSGX Vanguard ESG International Stock ETF 4.0 12 33 6.6 -5.5
MEM Matthews Emerging Markets Equity Active ETF 4.0 79 -34 5.3 -6.8
ILF iShares Latin America 40 ETF 3.9 48 -3 10.6 -1.5
EWM iShares MSCI Malaysia ETF 3.8 50 -5 5.4 -6.7
FRDM Freedom 100 Emerging Markets ETF 3.8 49 -4 7.1 -5.0
GLOF iShares Global Equity Factor ETF 3.6 20 25 5.9 -6.2
EWW iShares MSCI Mexico ETF 3.6 50 -5 13.6 +1.5
EEMS iShares MSCI Emerging Markets Small Cap ETF 3.6 70 -25 7.4 -4.7
MCH Matthews China Active ETF 3.5 79 -34 5.3 -6.8
OBOR KraneShares MSCI One Belt One Road Index ETF 3.3 79 -34 10.4 -1.7
EMM Global X Emerging Markets ex-China ETF 3.3 75 -30 4.0 -8.1
IPAV Global X Infrastructure Development ex-U.S. ETF 3.2 55 -10 9.4 -2.7
NDIA Global X India Active ETF 3.1 75 -30 7.1 -5.0
CWI SPDR MSCI ACWI ex-US ETF 3.1 30 15 6.8 -5.3
DSTX Distillate International Fundamental Stability & Value ETF 3.1 55 -10 7.7 -4.4
CGXU Capital Group International Focus Equity ETF 3.0 54 -9 4.6 -7.5
DEW WisdomTree Global High Dividend Fund 2.9 58 -13 8.4 -3.7
WRND IQ Global Equity R&D Leaders ETF 2.8 18 27 7.3 -4.8
CGV Conductor Global Equity Value ETF 2.8 130 -85 10.6 -1.5
BIGFX Baron International Growth Retail 2.7 75 -30 3.2 -8.9
GSIB Themes Global Systemically Important Banks ETF 2.7 35 10 13.3 +1.2
PATN Pacer Nasdaq International Patent Leaders ETF 2.6 65 -20 6.4 -5.7
ICLN iShares Global Clean Energy ETF 2.5 41 4 5.5 -6.6
SDIV Global X Superdividend ETF 2.5 58 -13 14.7 +2.6
DGIN VanEck Digital India ETF 2.5 71 -26 0.1 -12.0
ECH iShares MSCI Chile ETF 2.4 58 -13 9.6 -2.5
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 2.4 60 -15 9.8 -2.3
GLIN VanEck India Growth Leaders ETF 2.4 77 -32 5.7 -6.4
WWJD Inspire International ETF 2.3 80 -35 7.1 -5.0
FLMX Franklin FTSE Mexico ETF 2.3 19 26 16.1 +4.0
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 2.2 68 -23 8.3 -3.8
CXSE WisdomTree China ex-State-Owned Enterprises Fund 2.2 32 13 6.0 -6.1
CLNR IQ Cleaner Transport ETF 2.2 45 0 6.6 -5.5
FILL iShares MSCI Global Energy Producers ETF 2.2 39 6 9.6 -2.5
INDF Nifty India Financials ETF 2.2 75 -30 5.2 -6.9
IVES Wedbush ETFMG Global Cloud Technology ETF 2.1 68 -23 4.5 -7.6
AIVC Amplify Bloomberg AI Value Chain ETF 2.1 59 -14 4.5 -7.6
KNCT Invesco Next Gen Connectivity ETF 2.1 40 5 4.7 -7.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 2.1 20 25 5.0 -7.1
ACWI iShares MSCI ACWI ETF 2.1 32 13 5.2 -6.9
CHIQ Global X MSCI China Consumer Discretionary ETF 2.1 65 -20 5.9 -6.2
NXTG First Trust Indxx NextG ETF 2.0 70 -25 6.0 -6.1
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 2.0 10 35 7.4 -4.7
VT Vanguard Total World Stock ETF 2.0 7 38 5.4 -6.7
BRAZ Global X Brazil Active ETF 1.9 75 -30 10.8 -1.3
CHAT Roundhill Generative AI & Technology ETF 1.8 75 -30 3.4 -8.7
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.8 12 33 8.1 -4.0
PICK iShares MSCI Global Metals & Mining Producers ETF 1.8 39 6 12.7 +0.6
SUPL ProShares Supply Chain Logistics ETF 1.7 58 -13 13.9 +1.8
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.7 12 33 4.7 -7.4
IGRO iShares International Dividend Growth ETF 1.6 15 30 7.4 -4.7
NTZG Nuveen Global Net Zero Transition ETF 1.6 56 -11 4.6 -7.5
FBOT Fidelity Disruptive Automation ETF 1.6 50 -5 3.6 -8.5
TCHI iShares MSCI China Multisector Tech ETF 1.6 59 -14 1.8 -10.3
KLMT Invesco MSCI Global Climate 500 ETF 1.6 10 35 5.3 -6.8
IXN iShares Global Tech ETF 1.6 41 4 4.4 -7.7
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 1.5 60 -15 0.5 -11.6
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 1.5 45 0 5.5 -6.6
JSTC Adasina Social Justice All Cap Global ETF 1.5 89 -44 4.7 -7.4
CRUZ Defiance Hotel Airline and Cruise ETF 1.5 45 0 -4.4 -16.5
ION ProShares S&P Global Core Battery Metals ETF 1.5 58 -13 15.9 +3.8
JIG JPMorgan International Growth ETF 1.5 55 -10 4.5 -7.6
MOTI VanEck Morningstar International Moat ETF 1.5 58 -13 5.7 -6.4
DTCR Global X Data Center & Digital Infrastructure ETF 1.4 50 -5 4.2 -7.9
FTRI First Trust Indxx Global Natural Resources Income ETF 1.4 70 -25 9.7 -2.4
AFK VanEck Africa Index ETF 1.3 98 -53 8.7 -3.4
RWX SPDR Dow Jones International Real Estate ETF 1.3 59 -14 7.2 -4.9
BLES Inspire Global Hope ETF 1.2 61 -16 6.2 -5.9
DGT SPDR Global Dow ETF 1.2 50 -5 6.6 -5.5
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.2 46 -1 9.2 -2.9
EZA iShares MSCI South Africa ETF 1.2 58 -13 10.2 -1.9
BNE Blue Horizon BNE ETF 1.1 87 -42 4.6 -7.5
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 1.1 47 -2 5.3 -6.8
IWTR iShares MSCI Water Management Multisector ETF 1.1 47 -2 4.8 -7.3
IXC iShares Global Energy ETF 1.1 44 1 8.9 -3.2
BJK VanEck Gaming ETF 1.1 65 -20 1.3 -10.8
CARZ First Trust NASDAQ Global Auto Index Fund 1.0 70 -25 3.7 -8.4
EPOL iShares MSCI Poland ETF 1.0 59 -14 12.1 -0.0
BATT Amplify Lithium & Battery Technology ETF 1.0 59 -14 -0.3 -12.3
GXG Global X MSCI Colombia ETF 1.0 62 -17 15.8 +3.7
IXG iShares Global Financials ETF 0.9 42 3 6.0 -6.1
FPXI First Trust International Equity Opportunities ETF 0.9 70 -25 4.7 -7.4
GBUY Goldman Sachs Future Consumer Equity ETF 0.9 75 -30 3.3 -8.8
ARTY iShares Future AI & Tech ETF 0.9 47 -2 3.4 -8.7
MOTG VanEck Morningstar Global Wide Moat ETF 0.9 52 -7 5.4 -6.7
AGQI First Trust Active Global Quality Income ETF 0.9 85 -40 5.7 -6.4
JGLO JPMorgan Global Select Equity ETF 0.9 33 12 4.4 -7.7
BIOPX Baron Opportunity Retail 0.9 75 -30 1.0 -11.1
BTECX Baron Technology 0.9 75 -30 2.3 -9.8
BDAIX Baron Durable Advantage 0.9 75 -30 3.7 -8.4
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.9 85 -40 8.6 -3.5
FLHK Franklin FTSE Hong Kong ETF 0.9 9 36 6.8 -5.3
BOAT SonicShares Global Shipping ETF 0.9 69 -24 37.6 +25.5
INCO Columbia India Consumer ETF 0.9 75 -30 1.5 -10.6
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.9 58 -13 4.4 -7.7
XT iShares Exponential Technologies ETF 0.8 46 -1 4.6 -7.5
EPU iShares MSCI Peru and Global Exposure ETF 0.8 59 -14 5.7 -6.4
KURE KraneShares MSCI All China Health Care Index ETF 0.8 65 -20 4.3 -7.8
CUT Invesco MSCI Global Timber ETF 0.8 61 -16 8.2 -3.9
ERTH Invesco MSCI Sustainable Future ETF 0.8 62 -17 3.4 -8.7
WOOD iShares Global Timber & Forestry ETF 0.8 42 3 9.5 -2.6
RING iShares MSCI Global Gold Miners ETF 0.8 39 6 5.6 -6.5
ARVR First Trust Indxx Metaverse ETF 0.8 70 -25 0.8 -11.3
QINT American Century Quality Diversified International ETF 0.8 39 6 7.5 -4.6
BINV Brandes International ETF 0.8 70 -25 8.2 -3.9
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.8 7 38 6.4 -5.7
ARGT Global X MSCI Argentina ETF 0.8 59 -14 5.2 -6.9
IDAT iShares Future Cloud 5G and Tech ETF 0.7 47 -2 4.1 -8.0
SRVR Pacer Data & Infrastructure Real Estate ETF 0.7 55 -10 1.9 -10.2
WTRE WisdomTree New Economy Real Estate Fund 0.7 58 -13 0.3 -11.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.7 9 36 5.3 -6.8
JETS U.S. Global Jets ETF 0.7 60 -15 -15.5 -27.6
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.7 39 6 -1.6 -13.7
GTEK Goldman Sachs Future Tech Leaders Equity ETF 0.7 75 -30 2.7 -9.4
IDRV iShares Self-driving EV & Tech ETF 0.7 47 -2 -0.5 -12.6
KGRN KraneShares MSCI China Clean Technology Index ETF 0.7 79 -34 5.8 -6.3
KTEC KraneShares Hang Seng TECH Index ETF 0.7 69 -24 -3.5 -15.6
LIT Global X Lithium & Battery Tech ETF 0.7 75 -30 9.2 -2.9
MOTO SmartETFs Smart Transportation & Technology ETF 0.7 68 -23 7.1 -5.0
SMOG VanEck Low Carbon Energy ETF 0.7 61 -16 2.2 -9.9
CGRO CoreValues Alpha Greater China Growth ETF 0.7 75 -30 2.1 -10.0
EMIF iShares Emerging Markets Infrastructure ETF 0.7 60 -15 8.7 -3.4
SHPP Pacer Industrials and Logistics ETF 0.7 60 -15 8.9 -3.2
DMAT Global X Disruptive Materials ETF 0.6 59 -14 10.5 -1.6
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.6 46 -1 4.9 -7.2
RXI iShares Global Consumer Discretionary ETF 0.6 41 4 5.1 -7.0
COPX Global X Copper Miners ETF 0.6 65 -20 8.2 -3.9
DWX SPDR S&P International Dividend ETF 0.6 45 0 6.3 -5.8
GDX VanEck Gold Miners ETF 0.6 51 -6 4.6 -7.5
AGMI Themes Silver Miners ETF 0.6 35 10 4.6 -7.5
ISHP First Trust Nasdaq Retail ETF 0.5 60 -15 2.8 -9.3
SEA U.S. Global Sea to Sky Cargo ETF 0.5 60 -15 23.0 +10.9
SRET Global X SuperDividend REIT ETF 0.5 59 -14 9.9 -2.2
SCHY Schwab International Dividend Equity ETF 0.5 14 31 9.1 -3.0
KXI iShares Global Consumer Staples ETF 0.5 41 4 5.6 -6.5
GNR SPDR S&P Global Natural Resources ETF 0.5 40 5 9.6 -2.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.5 49 -4 6.8 -5.3
UMMA Wahed Dow Jones Islamic World ETF 0.5 65 -20 4.3 -7.8
GDVD R3 Global Dividend Growth ETF 0.4 88 -43 5.6 -6.5
RWO SPDR Dow Jones Global Real Estate ETF 0.4 50 -5 6.0 -6.1
AVRE Avantis Real Estate ETF 0.4 17 28 5.8 -6.3
PBD Invesco Global Clean Energy ETF 0.3 75 -30 -4.2 -16.2
REET iShares Global REIT ETF 0.3 14 31 6.2 -5.9
SHLD Global X Defense Tech ETF 0.3 50 -5 4.7 -7.4
CGDG Capital Group Dividend Growers ETF 0.3 47 -2 6.5 -5.6
CRAK VanEck Oil Refiners ETF 0.3 61 -16 14.5 +2.4
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.3 45 0 -0.6 -12.6
MVPS Amplify Thematic All-Stars ETF 0.3 49 -4 2.9 -9.2
BTEK Future Tech ETF 0.3 88 -43 2.2 -9.9
LOUP Innovator Deepwater Frontier Tech ETF 0.3 70 -25 1.7 -10.4
DFGR Dimensional Global Real Estate ETF 0.3 22 23 6.1 -6.0
MDEV First Trust Indxx Medical Devices ETF 0.3 70 -25 4.1 -8.0
VGSR Vert Global Sustainable Real Estate ETF 0.3 47 -2 5.5 -6.6
SLVP iShares MSCI Global Silver Miners ETF 0.2 39 6 3.3 -8.8
VIGI Vanguard International Dividend Appreciation ETF 0.2 15 30 6.3 -5.8
SCHC Schwab International Small-Cap Equity ETF 0.2 11 34 6.3 -5.8
CCNR ALPS CoreCommodity Natural Resources ETF 0.2 39 6 10.3 -1.8
FTAG First Trust Indxx Global Agriculture ETF 0.2 70 -25 9.2 -2.9
FNDC Schwab Fundamental International Small Co. Index ETF 0.2 39 6 6.9 -5.2
AIQ Global X Artificial Intelligence & Technology ETF 0.2 68 -23 3.7 -8.4
JPIN J.P. Morgan Diversified Return International Equity ETF 0.2 37 8 8.6 -3.5
RFDI First Trust Riverfront Dynamic Developed International ETF 0.2 83 -38 9.7 -2.4
GMET VanEck Green Metals ETF 0.2 63 -18 10.8 -1.3
HAP VanEck Natural Resources ETF 0.2 50 -5 9.8 -2.3
URA Global X Uranium ETF 0.2 69 -24 2.3 -9.8
IQIN IQ 500 International ETF 0.1 25 20 9.1 -3.0
GII SPDR S&P Global Infrastructure ETF 0.1 40 5 4.3 -7.8
IGF iShares Global Infrastructure ETF 0.1 41 4 4.3 -7.8
IGPT Invesco AI and Next Gen Software ETF 0.1 60 -15 3.2 -8.9
VPL Vanguard FTSE Pacific ETF 0.1 8 37 7.6 -4.5
FNDF Schwab Fundamental International Large Co. Index ETF 0.0 25 20 9.7 -2.4
VEA Vanguard FTSE Developed Markets ETF 0.0 5 40 7.1 -5.0
VGK Vanguard FTSE Europe ETF 0.0 11 34 6.8 -5.3
SPEU SPDR Portfolio Europe ETF 0.0 7 38 6.8 -5.3
EWX SPDR S&P Emerging Markets Small Cap ETF 0.0 65 -20 7.9 -4.2
IVRS iShares Future Metaverse Tech and Communications ETF 0.0 47 -2 -4.6 -16.7
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 0 8.8 -3.3
SCHF Schwab International Equity ETF 0.0 6 39 7.3 -4.8
BKIE BNY Mellon International Equity ETF 0.0 4 41 6.9 -5.2
GSID Goldman Sachs MarketBeta International Equity ETF 0.0 20 25 6.8 -5.3
IQSI IQ Candriam International Equity ETF 0.0 15 30 6.4 -5.7
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 6 7.3 -4.8
EMFQ Amplify Emerging Markets FinTech ETF 0.0 69 -24 5.3 -6.8
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.0 86 -41 1.7 -10.4
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.0 80 -35 10.6 -1.5
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 0.0 86 -41 1.2 -10.9
GREK Global X MSCI Greece ETF 0.0 57 -12 -3.7 -15.8
CGGO Capital Group Global Growth Equity ETF 0.0 47 -2 4.5 -7.6

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:		 VictoryShares Emerging Markets Value Momentum ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 13.0 %
Divided by: Fwd. P/BV 1.0 x
Less: Expense ratio 45 bp
Equals: ALTAR Score 12.1 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.54 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.