VictoryShares Emerging Markets Value Momentum ETF
ALTAR
Score™		 12.7% info Recommen-
dation		 SPECULATIVE
2024E    2025E
P/E
ratio		 8.4x P/Sales
ratio		 0.6x
P/BV
ratio		 0.9x Div.
yield		 4.3%


  • 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 171
Wgt avg mkt cap (mns) $18,559
Large cap (>$10bn) 37.6%
Mid cap ($2-10bn) 59.6%
Small cap (<$2bn) 2.8%
Developed mkts 6.4%
Emerging mkts 93.6%

TOP TEN HOLDINGS
NTPC LIMITED 1.2 %
LARSEN & TOUBRO LIMITED 1.2 %
POWERTECH TECHNOLOGY INC 1.2 %
ITC LTD 1.1 %
POU CHEN 1.1 %
DR. REDDY'S LABORATORIES 1.1 %
COCA-COLA FEMSA SAB-SER L 1.1 %
TVS MOTOR CO LTD 1.1 %
CATCHER TECHNOLOGY CO LTD 1.1 %
LUPIN LTD 1.0 %
Total 11.4 %

TOP COUNTRY EXPOSURE
CHINA 27.2 %
TAIWAN 21.6 %
INDIA 17.7 %
BRAZIL 7.7 %
TURKEY 5.9 %
MEXICO 4.4 %
HONG KONG 4.0 %
CHILE 2.2 %
SOUTH AFRICA 2.0 %
INDONESIA 1.8 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
1.6% 17.2% 4.3% -- 1.9%

Market Correlations
versus... Beta R-squared
S&P500 0.61 51%
MSCI EAFE 0.79 79%
MSCI Emg. Mkts. 0.81 89%

Technical Indicators
Recent close $46.06
30d moving avg. $42.35
Annualized volatility 15.2%
Short interest (ETF) 0.0%
Relative strength (RSI) 65

Liquidity measures
Avg. volume (thou.) 2
Turnover 0.1%
Bid/Ask (% of price) 0.19%
ADV underlying (mns) $7,022

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™: 12.7%


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 31.8 44 1 11.7 -1.0
FEM First Trust Emerging Markets AlphaDEX Fund 27.4 80 -35 16.3 +3.6
EEMO Invesco S&P Emerging Markets Momentum ETF 22.9 29 16 6.2 -6.5
FDEM Fidelity Emerging Markets Multifactor ETF 22.1 25 20 11.9 -0.8
PXH Invesco FTSE RAFI Emerging Markets ETF 20.9 49 -4 12.4 -0.3
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 20.4 50 -5 10.5 -2.2
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 19.5 39 6 12.5 -0.2
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 18.2 44 1 10.3 -2.4
ECOW Pacer Emerging Markets Cash Cows 100 ETF 18.2 70 -25 11.4 -1.3
RODE Hartford Multifactor Diversified International ETF 17.9 29 16 11.5 -1.2
EMMF WisdomTree Emerging Markets Multifactor Fund 17.8 48 -3 9.4 -3.4
FCA First Trust China AlphaDEX Fund 15.8 80 -35 17.6 +4.9
AVES Avantis Emerging Markets Value ETF 15.0 36 9 12.1 -0.7
DVYE iShares Emerging Markets Dividend ETF 14.8 49 -4 16.6 +3.9
DEM WisdomTree Emerging Markets High Dividend Fund 14.8 63 -18 12.9 +0.2
DFEV Dimensional Emerging Markets Value ETF 14.7 43 2 10.9 -1.8
RNEM First Trust Emerging Markets Equity Select ETF 14.5 75 -30 8.2 -4.5
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 14.1 90 -45 7.0 -5.8
JHEM John Hancock Multifactor Emerging Markets ETF 13.9 49 -4 8.3 -4.4
FXI iShares China Large-Cap ETF 13.8 74 -29 9.6 -3.1
EMGF iShares Emerging Markets Equity Factor ETF 13.6 25 20 8.7 -4.0
MCHI iShares MSCI China ETF 13.3 59 -14 8.9 -3.8
BKF iShares MSCI BIC ETF 13.1 69 -24 7.1 -5.6
VIDI Vident International Equity Strategy ETF 12.8 61 -16 11.9 -0.8
EEMD AAM S&P Emerging Markets High Dividend Value ETF 12.8 49 -4 19.0 +6.3
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 12.6 45 0 8.6 -4.1
EYLD Cambria Emerging Shareholder Yield ETF 12.5 66 -21 12.1 -0.6
AVEM Avantis Emerging Markets Equity ETF 12.5 33 12 9.1 -3.6
FLCH Franklin FTSE China ETF 12.4 19 26 9.6 -3.1
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 12.2 88 -43 6.2 -6.5
KALL KraneShares MSCI All China Index ETF 12.2 49 -4 9.4 -3.3
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 12.1 32 13 7.6 -5.1
EWT iShares MSCI Taiwan ETF 12.1 58 -13 5.7 -7.0
GXC SPDR S&P China ETF 12.0 59 -14 9.0 -3.7
EDIV SPDR S&P Emerging Markets Dividend ETF 11.9 49 -4 10.9 -1.8
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 11.8 30 15 8.5 -4.2
GMF SPDR S&P Emerging Asia Pacific ETF 11.7 49 -4 6.4 -6.3
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 11.6 95 -50 11.4 -1.3
SDEM Global X MSCI SuperDividend Emerging Markets ETF 11.6 67 -22 17.5 +4.8
DEHP Dimensional Emerging Markets High Profitability ETF 11.5 41 4 7.3 -5.4
SCHE Schwab Emerging Markets Equity ETF 11.2 11 34 7.6 -5.1
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 10.9 25 20 7.0 -5.7
DFAE Dimensional Emerging Core Equity Market ETF 10.7 35 10 7.7 -5.0
EEM iShares MSCI Emerging Markets ETF 10.7 69 -24 7.0 -5.8
VWO Vanguard FTSE Emerging Markets ETF 10.6 8 37 7.6 -5.1
FLN First Trust Latin America AlphaDEX Fund 10.5 80 -35 11.1 -1.6
FLTW Franklin FTSE Taiwan ETF 10.4 19 26 6.0 -6.7
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 10.4 36 9 7.5 -5.3
BKEM BNY Mellon Emerging Markets Equity ETF 10.4 11 34 7.7 -5.0
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 10.2 66 -21 7.2 -5.5
EEMA iShares MSCI Emerging Markets Asia ETF 10.2 49 -4 6.7 -6.0
DFEM Dimensional Emerging Markets Core Equity 2 ETF 9.9 38 7 8.2 -4.5
SPEM SPDR Portfolio Emerging Markets ETF 9.8 7 38 7.5 -5.2
IEMG iShares Core MSCI Emerging Markets ETF 9.8 9 36 7.5 -5.2
AAXJ iShares MSCI All Country Asia ex Japan ETF 9.4 70 -25 6.3 -6.4
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 9.4 30 15 7.5 -5.2
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 9.3 58 -13 10.1 -2.6
NUEM Nuveen ESG Emerging Markets Equity ETF 9.2 36 9 6.8 -5.9
CN Xtrackers MSCI All China Equity ETF 9.2 50 -5 8.7 -4.0
FLAX Franklin FTSE Asia Ex Japan ETF 9.1 19 26 7.2 -5.5
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 8.9 24 21 7.1 -5.6
FLLA Franklin FTSE Latin America ETF 8.6 19 26 11.7 -1.0
ESGE iShares ESG Aware MSCI EM ETF 8.6 25 20 7.7 -5.0
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 8.6 40 5 7.1 -5.6
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 8.5 18 27 7.9 -4.8
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 8.5 41 4 7.8 -4.9
EMXF iShares ESG Advanced MSCI EM ETF 8.4 16 29 7.4 -5.3
EMXC iShares MSCI Emerging Markets ex China ETF 8.2 25 20 6.7 -6.0
XCEM Columbia EM Core ex-China ETF 8.2 16 29 7.4 -5.4
LDEM iShares ESG MSCI EM Leaders ETF 8.1 17 28 7.7 -5.0
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 8.1 33 12 7.2 -5.5
IQDF FlexShares International Quality Dividend Index Fund 7.9 47 -2 10.7 -2.0
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 7.8 59 -14 9.6 -3.1
EDOG ALPS Emerging Sector Dividend Dogs ETF 7.7 60 -15 14.7 +2.0
INDA iShares MSCI India ETF 7.6 65 -20 3.7 -9.1
PIN Invesco India ETF 7.5 78 -33 3.8 -9.0
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 7.4 15 30 7.1 -5.6
FLIN Franklin FTSE India ETF 7.2 19 26 5.2 -7.5
XC WisdomTree Emerging Markets Ex-China Fund 7.2 32 13 6.2 -6.5
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 7.1 20 25 7.5 -5.2
IQDY FlexShares International Quality Dividend Dynamic Index Fund 7.1 47 -2 10.3 -2.4
STXE Strive Emerging Markets Ex-China ETF 6.8 32 13 6.9 -5.8
IQDE FlexShares International Quality Dividend Defensive Index ET 6.7 47 -2 10.7 -2.0
EPI WisdomTree India Earnings Fund 6.4 85 -40 6.6 -6.1
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 6.3 32 13 6.3 -6.4
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 5.9 20 25 10.7 -2.0
FLBR Franklin FTSE Brazil ETF 5.9 19 26 12.4 -0.3
EELV Invesco S&P Emerging Markets Low Volatility ETF 5.8 29 16 8.3 -4.4
FBZ First Trust Brazil AlphaDEX Fund 5.8 80 -35 11.9 -0.8
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 5.7 80 -35 14.2 +1.5
ACWV iShares MSCI Global Min Vol Factor ETF 5.5 20 25 6.7 -6.0
EWZ iShares MSCI Brazil ETF 5.3 58 -13 11.9 -0.8
TUR iShares MSCI Turkey ETF 5.3 58 -13 18.6 +5.9
GVAL Cambria Global Value ETF 5.2 68 -23 12.3 -0.4
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 5.1 60 -15 10.0 -2.7
EMM Global X Emerging Markets ex-China ETF 4.8 75 -30 3.7 -9.0
EMDM First Trust Bloomberg Emerging Market Democracies ETF 4.7 75 -30 9.6 -3.1
EEMS iShares MSCI Emerging Markets Small Cap ETF 4.7 70 -25 7.2 -5.5
NFTY First Trust India NIFTY 50 Equal Weight ETF 4.7 80 -35 6.1 -6.6
LEGR First Trust Indxx Innovative Transaction & Process ETF 4.7 65 -20 8.4 -4.4
VYMI Vanguard International High Dividend Yield ETF 4.7 22 23 9.7 -3.0
EWW iShares MSCI Mexico ETF 4.4 50 -5 9.7 -3.0
FLMX Franklin FTSE Mexico ETF 4.4 19 26 10.8 -1.9
INDY iShares India 50 ETF 4.3 89 -44 3.7 -9.0
ECON Columbia Emerging Markets Consumer ETF 4.3 49 -4 4.8 -7.9
JCHI JPMorgan Active China ETF 4.3 65 -20 7.9 -4.8
ADIV SmartETFs Asia Pacific Dividend Builder ETF 4.2 78 -33 8.8 -3.9
DSTX Distillate International Fundamental Stability & Value ETF 4.0 55 -10 8.0 -4.7
AIA iShares Asia 50 ETF 3.8 50 -5 6.9 -5.8
DFAX Dimensional World ex U.S. Core Equity 2 ETF 3.5 30 15 7.8 -4.9
ILF iShares Latin America 40 ETF 3.5 48 -3 10.3 -2.4
MCH Matthews China Active ETF 3.5 79 -34 6.1 -6.7
OBOR KraneShares MSCI One Belt One Road Index ETF 3.3 79 -34 10.3 -2.4
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 3.3 42 3 6.8 -5.9
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 3.3 10 35 8.2 -4.5
DEW WisdomTree Global High Dividend Fund 3.1 58 -13 9.1 -3.6
GLOF iShares Global Equity Factor ETF 3.1 20 25 7.1 -5.6
SMIN iShares MSCI India Small Cap ETF 3.1 79 -34 4.3 -8.4
ACWX iShares MSCI ACWI ex U.S. ETF 3.0 34 11 6.7 -6.0
VEU Vanguard FTSE All-World ex-US Index Fund 2.8 8 37 7.2 -5.5
KURE KraneShares MSCI All China Health Care Index ETF 2.8 65 -20 3.6 -9.1
IXUS iShares Core MSCI Total International Stock ETF 2.8 7 38 6.9 -5.8
VXUS Vanguard Total International Stock ETF 2.8 7 38 7.1 -5.6
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 2.7 41 4 6.7 -6.0
CGV Conductor Global Equity Value ETF 2.7 130 -85 11.3 -1.4
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 2.7 68 -23 8.8 -3.9
FTRI First Trust Indxx Global Natural Resources Income ETF 2.7 70 -25 10.6 -2.1
CWI SPDR MSCI ACWI ex-US ETF 2.6 30 15 6.8 -5.9
WRND IQ Global Equity R&D Leaders ETF 2.6 18 27 7.2 -5.5
SDIV Global X Superdividend ETF 2.5 58 -13 17.6 +4.9
VSGX Vanguard ESG International Stock ETF 2.5 12 33 6.8 -5.9
NDIA Global X India Active ETF 2.5 75 -30 6.5 -6.2
NXTG First Trust Indxx NextG ETF 2.4 70 -25 6.0 -6.7
FRDM Freedom 100 Emerging Markets ETF 2.4 49 -4 7.3 -5.4
VNQI Vanguard Global ex-U.S. Real Estate ETF 2.3 12 33 8.7 -4.0
INCO Columbia India Consumer ETF 2.2 75 -30 1.6 -11.1
FILL iShares MSCI Global Energy Producers ETF 2.2 39 6 9.0 -3.7
EMC Global X Emerging Markets Great Consumer ETF 2.2 75 -30 4.9 -7.8
CXSE WisdomTree China ex-State-Owned Enterprises Fund 2.2 32 13 5.7 -7.0
ECH iShares MSCI Chile ETF 2.2 58 -13 10.7 -2.0
IWTR iShares MSCI Water Management Multisector ETF 2.0 47 -2 4.8 -7.9
ECNS iShares MSCI China Small-Cap ETF 2.0 59 -14 14.2 +1.5
IDX VanEck Indonesia Index ETF 1.8 57 -12 7.9 -4.8
EIDO iShares MSCI Indonesia ETF 1.8 59 -14 7.6 -5.1
AFK VanEck Africa Index ETF 1.8 98 -53 10.0 -2.7
DGT SPDR Global Dow ETF 1.8 50 -5 6.7 -6.1
JSTC Adasina Social Justice All Cap Global ETF 1.7 89 -44 4.8 -7.9
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 1.7 47 -2 0.7 -12.1
ICLN iShares Global Clean Energy ETF 1.7 41 4 4.3 -8.4
IGRO iShares International Dividend Growth ETF 1.7 15 30 7.1 -5.6
SUPL ProShares Supply Chain Logistics ETF 1.6 58 -13 13.1 +0.4
DWX SPDR S&P International Dividend ETF 1.6 45 0 7.1 -5.6
CHIQ Global X MSCI China Consumer Discretionary ETF 1.6 65 -20 5.3 -7.4
KGRN KraneShares MSCI China Clean Technology Index ETF 1.5 79 -34 6.5 -6.2
BATT Amplify Lithium & Battery Technology ETF 1.5 59 -14 2.9 -9.8
BNE Blue Horizon BNE ETF 1.5 87 -42 5.0 -7.7
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 1.5 7 38 6.5 -6.2
PICK iShares MSCI Global Metals & Mining Producers ETF 1.5 39 6 11.0 -1.7
EWM iShares MSCI Malaysia ETF 1.5 50 -5 5.7 -7.0
DTCR Global X Data Center & Digital Infrastructure ETF 1.5 50 -5 2.7 -10.0
GLIN VanEck India Growth Leaders ETF 1.5 77 -32 5.3 -7.4
TCHI iShares MSCI China Multisector Tech ETF 1.4 59 -14 3.0 -9.7
BRAZ Global X Brazil Active ETF 1.4 75 -30 10.3 -2.4
MOTI VanEck Morningstar International Moat ETF 1.4 58 -13 6.9 -5.8
SCHY Schwab International Dividend Equity ETF 1.4 14 31 9.3 -3.5
RWX SPDR Dow Jones International Real Estate ETF 1.4 59 -14 7.2 -5.5
EZA iShares MSCI South Africa ETF 1.4 58 -13 11.4 -1.3
BTEK Future Tech ETF 1.4 88 -43 2.1 -10.6
ION ProShares S&P Global Core Battery Metals ETF 1.4 58 -13 11.6 -1.1
INDF Nifty India Financials ETF 1.3 75 -30 6.0 -6.7
CLNR IQ Cleaner Transport ETF 1.3 45 0 8.3 -4.4
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.3 46 -1 8.8 -3.9
WWJD Inspire International ETF 1.3 80 -35 7.1 -5.6
COPX Global X Copper Miners ETF 1.3 65 -20 6.9 -5.8
CARZ First Trust NASDAQ Global Auto Index Fund 1.3 70 -25 3.5 -9.3
EWZS iShares MSCI Brazil Small-Cap ETF 1.3 59 -14 8.2 -4.5
CHAT Roundhill Generative AI & Technology ETF 1.2 75 -30 4.2 -8.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.2 20 25 5.6 -7.1
QINT American Century Quality Diversified International ETF 1.1 39 6 7.4 -5.3
SEA U.S. Global Sea to Sky Cargo ETF 1.1 60 -15 24.1 +11.4
BOAT SonicShares Global Shipping ETF 1.1 69 -24 29.1 +16.4
MINV Matthews Asia Innovators Active ETF 1.1 79 -34 2.8 -9.9
ACWI iShares MSCI ACWI ETF 1.1 32 13 5.5 -7.2
CRUZ Defiance Hotel Airline and Cruise ETF 1.1 45 0 -4.9 -17.6
KTEC KraneShares Hang Seng TECH Index ETF 1.1 69 -24 -3.9 -16.6
SDG iShares MSCI Global Sustainable Development Goals ETF 1.1 49 -4 5.8 -6.9
IMFL Invesco International Developed Dynamic Multifactor ETF 1.1 34 11 10.6 -2.1
SAGP Strategas Global Policy Opportunities ETF 1.0 65 -20 4.5 -8.2
VT Vanguard Total World Stock ETF 1.0 7 38 5.8 -6.9
IXG iShares Global Financials ETF 1.0 42 3 6.8 -5.9
FTAG First Trust Indxx Global Agriculture ETF 1.0 70 -25 9.1 -3.6
EMIF iShares Emerging Markets Infrastructure ETF 1.0 60 -15 4.6 -8.1
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 1.0 85 -40 8.1 -4.6
FDRV Fidelity Electric Vehicles and Future Transportation ETF 1.0 39 6 -3.5 -16.2
IDRV iShares Self-driving EV & Tech ETF 1.0 47 -2 -0.5 -13.2
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 1.0 45 0 6.2 -6.5
SMOG VanEck Low Carbon Energy ETF 0.9 61 -16 3.0 -9.7
SRVR Pacer Data & Infrastructure Real Estate ETF 0.9 55 -10 2.9 -9.8
IDAT iShares Future Cloud 5G and Tech ETF 0.9 47 -2 4.5 -8.2
PBD Invesco Global Clean Energy ETF 0.9 75 -30 -3.9 -16.6
FLHK Franklin FTSE Hong Kong ETF 0.9 9 36 7.4 -5.3
ASEA Global X FTSE Southeast Asia ETF 0.8 65 -20 6.5 -6.2
EPU iShares MSCI Peru and Global Exposure ETF 0.8 59 -14 5.5 -7.2
FPXI First Trust International Equity Opportunities ETF 0.8 70 -25 3.6 -9.1
EPOL iShares MSCI Poland ETF 0.8 59 -14 10.5 -2.2
QTUM Defiance Quantum ETF 0.8 40 5 3.9 -8.8
RING iShares MSCI Global Gold Miners ETF 0.8 39 6 5.7 -7.0
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.8 60 -15 0.9 -11.8
SHPP Pacer Industrials and Logistics ETF 0.8 60 -15 8.9 -3.8
BRF VanEck Brazil Small-Cap ETF 0.8 66 -21 7.9 -4.8
BLES Inspire Global Hope ETF 0.8 61 -16 6.3 -6.4
ARGT Global X MSCI Argentina ETF 0.8 59 -14 7.4 -5.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.7 9 36 5.7 -7.0
HJEN Direxion Hydrogen ETF 0.7 45 0 -3.2 -15.9
BLDG Cambria Global Real Estate ETF 0.7 60 -15 9.4 -3.3
SRET Global X SuperDividend REIT ETF 0.7 59 -14 10.1 -2.6
ARVR First Trust Indxx Metaverse ETF 0.7 70 -25 2.5 -10.2
DGIN VanEck Digital India ETF 0.7 71 -26 1.6 -11.1
IXC iShares Global Energy ETF 0.7 44 1 8.2 -4.5
AIQ Global X Artificial Intelligence & Technology ETF 0.7 68 -23 4.2 -8.5
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.7 46 -1 5.6 -7.1
KXI iShares Global Consumer Staples ETF 0.6 41 4 5.6 -7.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.6 12 33 5.1 -7.6
JPIN J.P. Morgan Diversified Return International Equity ETF 0.6 37 8 8.7 -4.0
ESPO VanEck Video Gaming and eSports ETF 0.6 56 -11 4.5 -8.2
ISHP First Trust Nasdaq Retail ETF 0.6 60 -15 3.2 -9.6
JETS U.S. Global Jets ETF 0.6 60 -15 -15.6 -28.3
GDX VanEck Gold Miners ETF 0.6 51 -6 4.7 -8.1
TTAI FCF International Quality ETF 0.6 59 -14 7.4 -5.3
RWO SPDR Dow Jones Global Real Estate ETF 0.6 50 -5 6.9 -5.8
MOTO SmartETFs Smart Transportation & Technology ETF 0.5 68 -23 6.6 -6.1
CGRO CoreValues Alpha Greater China Growth ETF 0.5 75 -30 2.6 -10.1
LIT Global X Lithium & Battery Tech ETF 0.5 75 -30 10.2 -2.5
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.5 58 -13 4.6 -8.2
HART IQ Healthy Hearts ETF 0.5 45 0 5.3 -7.4
FYLD Cambria Foreign Shareholder Yield ETF 0.5 59 -14 12.0 -0.7
GCOW Pacer Global Cash Cows Dividend ETF 0.5 60 -15 13.6 +0.9
AVRE Avantis Real Estate ETF 0.5 17 28 6.6 -6.1
RXI iShares Global Consumer Discretionary ETF 0.5 41 4 5.5 -7.2
DTEC ALPS Disruptive Technologies ETF 0.5 50 -5 3.3 -9.4
FAN First Trust Global Wind Energy ETF 0.5 60 -15 5.5 -7.2
RNRG Global X Renewable Energy Producers ETF 0.5 66 -21 4.9 -7.8
WNDY Global X Wind Energy ETF 0.5 50 -5 5.2 -7.5
FRNW Fidelity Clean Energy ETF 0.5 39 6 3.7 -9.0
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.5 79 -34 5.1 -7.6
BLLD JPMorgan Sustainable Infrastructure ETF 0.5 49 -4 6.2 -6.5
WTAI WisdomTree Artificial Intelligence and Innovation Fund 0.5 45 0 1.4 -11.4
SETM Sprott Energy Transition Materials ETF 0.4 65 -20 5.3 -7.4
REMX VanEck Rare Earth/Strategic Metals ETF 0.4 54 -9 11.9 -0.9
DRIV Global X Autonomous & Electric Vehicles ETF 0.4 68 -23 3.4 -9.4
ZSB USCF Sustainable Battery Metals Strategy Fund 0.4 61 -16 14.8 +2.1
LITP Sprott Lithium Miners ETF 0.4 65 -20 12.4 -0.3
GGME Invesco Next Gen Media and Gaming ETF 0.4 60 -15 4.1 -8.6
IGPT Invesco AI and Next Gen Software ETF 0.4 60 -15 3.8 -8.9
ERUS iShares MSCI Russia ETF 0.4 8 37 11.3 -1.4
VIGI Vanguard International Dividend Appreciation ETF 0.4 15 30 5.6 -7.2
XT iShares Exponential Technologies ETF 0.4 46 -1 3.9 -8.8
KFVG KraneShares CICC China 5G & Semiconductor Index ETF 0.3 65 -20 5.0 -7.7
ROBO ROBO Global Robotics & Automation Index ETF 0.3 95 -50 2.8 -9.9
MVPS Amplify Thematic All-Stars ETF 0.3 49 -4 1.7 -11.1
GDVD R3 Global Dividend Growth ETF 0.3 88 -43 5.8 -6.9
REET iShares Global REIT ETF 0.3 14 31 7.1 -5.6
UMMA Wahed Dow Jones Islamic World ETF 0.3 65 -20 4.3 -8.4
FM iShares Frontier and Select EM ETF 0.3 80 -35 9.5 -3.2
IPKW Invesco International BuyBack Achievers ETF 0.3 55 -10 9.1 -3.6
ERTH Invesco MSCI Sustainable Future ETF 0.3 62 -17 3.7 -9.0
SHLD Global X Defense Tech ETF 0.3 50 -5 4.8 -7.9
DFGR Dimensional Global Real Estate ETF 0.3 22 23 7.1 -5.7
JRNY ALPS Global Travel Beneficiaries ETF 0.3 65 -20 0.0 -12.7
CRAK VanEck Oil Refiners ETF 0.3 61 -16 13.1 +0.4
DMAT Global X Disruptive Materials ETF 0.2 59 -14 9.9 -2.8
URA Global X Uranium ETF 0.2 69 -24 3.9 -8.8
EWX SPDR S&P Emerging Markets Small Cap ETF 0.2 65 -20 7.7 -5.0
GDXJ VanEck Junior Gold Miners ETF 0.2 52 -7 4.8 -7.9
GOEX Global X Gold Explorers ETF 0.2 65 -20 4.9 -7.8
OCEN IQ Clean Oceans ETF 0.2 45 0 5.3 -7.4
KNCT Invesco Next Gen Connectivity ETF 0.2 40 5 5.9 -6.8
RFDI First Trust Riverfront Dynamic Developed International ETF 0.2 83 -38 9.0 -3.7
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.2 45 0 8.5 -4.2
VEGI iShares MSCI Agriculture Producers ETF 0.2 39 6 9.2 -3.5
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.2 47 -2 5.9 -6.8
FNDF Schwab Fundamental International Large Co. Index ETF 0.2 25 20 9.1 -3.6
IQIN IQ 500 International ETF 0.2 25 20 8.8 -3.9
IXN iShares Global Tech ETF 0.2 41 4 4.3 -8.4
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.1 24 21 8.6 -4.1
VPL Vanguard FTSE Pacific ETF 0.1 8 37 7.0 -5.8
DIVI Franklin International Core Dividend Tilt Index ETF 0.1 9 36 8.0 -4.7
HFXI IQ FTSE International Equity Currency Neutral ETF 0.1 20 25 6.8 -5.9
IGF iShares Global Infrastructure ETF 0.1 41 4 5.0 -7.7
GII SPDR S&P Global Infrastructure ETF 0.1 40 5 5.0 -7.7
GINN Goldman Sachs Innovate Equity ETF 0.1 52 -7 2.7 -10.0
SCHF Schwab International Equity ETF 0.1 6 39 7.0 -5.7
VEA Vanguard FTSE Developed Markets ETF 0.1 5 40 7.0 -5.7
VGK Vanguard FTSE Europe ETF 0.1 11 34 6.8 -5.9
SPEU SPDR Portfolio Europe ETF 0.1 7 38 6.6 -6.1
BBEU JPMorgan BetaBuilders Europe ETF 0.1 9 36 6.7 -6.0
SCHC Schwab International Small-Cap Equity ETF 0.1 11 34 6.4 -6.3
FLEE Franklin FTSE Europe ETF 0.1 9 36 6.8 -5.9
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 -4 6.7 -6.0
IQSI IQ Candriam International Equity ETF 0.1 15 30 6.4 -6.3
GSID Goldman Sachs MarketBeta International Equity ETF 0.1 20 25 6.7 -6.1
BKIE BNY Mellon International Equity ETF 0.0 4 41 6.9 -5.8
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 6 7.3 -5.4
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 42 6.9 -5.8
HAP VanEck Natural Resources ETF 0.0 50 -5 9.5 -3.2

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:		 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 11.9 %
Divided by: Fwd. P/BV 0.9 x
Less: Expense ratio 45 bp
Equals: ALTAR Score 12.7 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.48 CATEGORY
AVERAGE		 1.39
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.