Vanguard Global ex-U.S. Real Estate ETF
ALTAR
Score™		 8.1% info Recommen-
dation		 SPECULATIVE
2024E    2025E
P/E
ratio		 14.2x P/Sales
ratio		 1.8x
P/BV
ratio		 0.7x Div.
yield		 4.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Vanguard Global ex-U.S. Real Estate ETF seeks to track the S&P Global ex-US Property Index, which includes real estate companies in both developed and emerging markets.

FUND BASICS
Category Global Equities
Fund Sponsor Vanguard Group
Website www.vanguard.com
Inception date Nov 01, 2010
Assets (mns) $3,194
Currency USD
Expense ratio 12 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Brown Brothers Harriman & Co
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 692
Wgt avg mkt cap (mns) $9,054
Large cap (>$10bn) 29.8%
Mid cap ($2-10bn) 49.1%
Small cap (<$2bn) 20.8%
Developed mkts 81.5%
Emerging mkts 18.5%

TOP TEN HOLDINGS
GOODMAN GROUP 4.6 %
DEUTSCHE ANNINGTON IMMOBILIE 2.8 %
MITSUI FUDOSAN CO LTD 2.5 %
DAIWA HOUSE INDUSTRY CO LTD 2.1 %
MITSUBISHI ESTATE CO LTD 1.9 %
SUN HUNG KAI PROPERTIES 1.6 %
EMAAR PROPERTIES PJSC 1.6 %
SUMITOMO REALTY & DEVELOPMNT 1.5 %
SEGRO PLC 1.4 %
SCENTRE GROUP 1.3 %
Total 21.2 %

TOP COUNTRY EXPOSURE
JAPAN 20.6 %
AUSTRALIA 11.6 %
HONG KONG 8.6 %
BRITAIN 6.5 %
SINGAPORE 5.9 %
GERMANY 4.3 %
INDIA 3.4 %
UAE 2.7 %
CHINA 2.7 %
SWEDEN 2.4 %

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.
-2.1% 15.6% -4.0% 0.6% 2.8%

Market Correlations
versus... Beta R-squared
S&P500 0.81 52%
MSCI EAFE 0.98 81%
MSCI Emg. Mkts. 0.95 74%

Technical Indicators
Recent close $43.24
30d moving avg. $45.52
Annualized volatility 19.3%
Short interest (ETF) 0.1%
Relative strength (RSI) 45

Liquidity measures
Avg. volume (thou.) 209
Turnover 0.3%
Bid/Ask (% of price) 0.15%
ADV underlying (mns) $4,215

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 372 potential alternatives to the Vanguard Global ex-U.S. Real Estate ETF ETF based on the alternatives' overlap in portfolio holdings with VNQI. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: VNQI Expense: 12 bp ALTAR Score™: 8.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH VNQI
Ticker Fund
Name		 Overlap1
vs VNQI
(%)		 Expense
ratio
(bp)		 Savings
vs VNQI
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs VNQI
(%)
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 72.1 10 2 7.4 -0.6
IFGL iShares International Developed Real Estate ETF 62.7 48 -36 6.7 -1.3
RWX SPDR Dow Jones International Real Estate ETF 39.9 59 -47 7.2 -0.8
ERET iShares Environmentally Aware Real Estate ETF 32.3 30 -18 6.4 -1.7
VGSR Vert Global Sustainable Real Estate ETF 28.0 47 -35 5.5 -2.6
AVRE Avantis Real Estate ETF 25.4 17 -5 5.8 -2.3
RWO SPDR Dow Jones Global Real Estate ETF 24.8 50 -38 6.0 -2.1
REET iShares Global REIT ETF 24.4 14 -2 6.2 -1.9
GQRE FlexShares Global Quality Real Estate Index Fund 22.3 45 -33 5.8 -2.2
DFGR Dimensional Global Real Estate ETF 21.8 22 -10 6.1 -2.0
IQRA IQ CBRE Real Assets ETF 11.7 65 -53 5.1 -3.0
SCZ iShares MSCI EAFE Small-Cap ETF 9.4 40 -28 6.4 -1.7
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 9.1 49 -37 6.8 -1.3
RITA ETFB Green SRI REITs ETF 8.9 50 -38 4.9 -3.1
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 8.8 19 -7 5.4 -2.7
JPIN J.P. Morgan Diversified Return International Equity ETF 8.5 37 -25 8.6 +0.6
EPP iShares MSCI Pacific ex-Japan ETF 8.3 47 -35 4.9 -3.2
ROOF IQ CBRE NextGen Real Estate ETF 8.2 60 -48 7.8 -0.3
SCJ iShares MSCI Japan Small-Cap ETF 8.2 50 -38 6.9 -1.2
SDG iShares MSCI Global Sustainable Development Goals ETF 7.9 49 -37 5.5 -2.6
DIM WisdomTree International MidCap Dividend Fund 7.6 58 -46 7.5 -0.6
ERTH Invesco MSCI Sustainable Future ETF 7.5 62 -50 3.4 -4.7
IEUS iShares MSCI Europe Small-Cap ETF 7.4 42 -30 6.1 -2.0
DWX SPDR S&P International Dividend ETF 7.3 45 -33 6.3 -1.7
FLHK Franklin FTSE Hong Kong ETF 7.0 9 3 6.8 -1.3
SCHC Schwab International Small-Cap Equity ETF 6.8 11 1 6.3 -1.7
GREI Goldman Sachs Future Real Estate and Infrastructure Equity E 6.6 75 -63 4.5 -3.6
FNDC Schwab Fundamental International Small Co. Index ETF 6.4 39 -27 6.9 -1.2
EWA iShares MSCI Australia ETF 6.4 50 -38 4.8 -3.3
FLAU Franklin FTSE Australia ETF 6.3 9 3 5.4 -2.7
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 6.3 7 5 6.4 -1.7
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 6.2 12 0 5.7 -2.4
DTRE First Trust Alerian Disruptive Technology Real Estate ETF 6.1 60 -48 6.3 -1.8
GWX SPDR S&P International Small Cap ETF 6.1 40 -28 6.3 -1.8
INDS Pacer Industrial Real Estate ETF 5.7 55 -43 5.5 -2.6
SPRE SP Funds S&P Global REIT Sharia ETF 5.7 55 -43 4.5 -3.6
EWH iShares MSCI Hong Kong ETF 5.7 50 -38 6.2 -1.9
IPAC iShares Core MSCI Pacific ETF 5.7 9 3 7.1 -1.0
IDLV Invesco S&P International Developed Low Volatility ETF 5.5 25 -13 6.1 -2.0
ISCF iShares International SmallCap Equity Factor ETF 5.5 23 -11 8.8 +0.7
UIVM VictoryShares International Value Momentum ETF 5.1 35 -23 10.8 +2.7
VPL Vanguard FTSE Pacific ETF 5.1 8 4 7.6 -0.5
GVAL Cambria Global Value ETF 5.0 68 -56 12.7 +4.6
BLLD JPMorgan Sustainable Infrastructure ETF 4.9 49 -37 5.6 -2.5
EWJV iShares MSCI Japan Value ETF 4.7 15 -3 9.9 +1.8
EWUS iShares MSCI United Kingdom Small Cap ETF 4.5 59 -47 5.2 -2.9
DVYA iShares Asia/Pacific Dividend ETF 4.2 49 -37 8.9 +0.8
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 4.1 68 -56 8.3 +0.3
EWX SPDR S&P Emerging Markets Small Cap ETF 4.1 65 -53 7.9 -0.2
DMXF iShares ESG Advanced MSCI EAFE ETF 4.1 12 0 5.3 -2.8
EEMS iShares MSCI Emerging Markets Small Cap ETF 4.1 70 -58 7.4 -0.7
AIVI WisdomTree International AI Enhanced Value Fund 3.9 58 -46 8.0 -0.1
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 3.8 80 -68 5.4 -2.7
BLDG Cambria Global Real Estate ETF 3.7 60 -48 14.4 +6.3
ADIV SmartETFs Asia Pacific Dividend Builder ETF 3.7 78 -66 8.9 +0.8
FLJP Franklin FTSE Japan ETF 3.6 9 3 7.6 -0.4
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 3.6 32 -20 5.8 -2.3
EFV iShares MSCI EAFE Value ETF 3.6 34 -22 9.3 +1.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 3.6 39 -27 7.3 -0.8
FLJH Franklin FTSE Japan Hedged ETF 3.6 9 3 7.7 -0.4
DTH WisdomTree International High Dividend Fund 3.5 58 -46 10.0 +1.9
DMDV AAM S&P Developed Markets High Dividend Value ETF 3.4 39 -27 12.3 +4.2
VSGX Vanguard ESG International Stock ETF 3.4 12 0 6.6 -1.5
DLS WisdomTree International SmallCap Dividend Fund 3.3 58 -46 8.5 +0.4
FDEV Fidelity International Multifactor ETF 3.3 18 -6 7.5 -0.6
IEFA iShares Core MSCI EAFE ETF 3.2 7 5 6.9 -1.2
RODM Hartford Multifactor Developed Markets (ex-US) ETF 3.1 29 -17 8.4 +0.3
BBJP JPMorgan BetaBuilders Japan ETF 3.1 19 -7 7.7 -0.4
INTF iShares International Equity Factor ETF 3.1 15 -3 7.9 -0.2
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 3.0 24 -12 8.4 +0.3
LVHI Franklin International Low Volatility High Dividend Index ET 3.0 40 -28 10.1 +2.1
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 3.0 59 -47 11.1 +3.1
IDEV iShares Core MSCI International Developed Markets ETF 2.9 4 8 6.9 -1.2
WWJD Inspire International ETF 2.9 80 -68 7.1 -1.0
JHID John Hancock International High Dividend ETF 2.9 46 -34 11.1 +3.0
VEA Vanguard FTSE Developed Markets ETF 2.9 5 7 7.1 -1.0
DFEV Dimensional Emerging Markets Value ETF 2.8 43 -31 10.5 +2.5
IQSI IQ Candriam International Equity ETF 2.8 15 -3 6.4 -1.7
UAE iShares MSCI UAE ETF 2.7 59 -47 8.7 +0.6
DFIS Dimensional International Small Cap ETF 2.7 39 -27 6.7 -1.4
EFAS Global X MSCI SuperDividend EAFE ETF 2.7 57 -45 10.1 +2.0
VXUS Vanguard Total International Stock ETF 2.7 7 5 7.1 -1.0
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 2.7 12 0 4.7 -3.4
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 2.7 58 -46 9.2 +1.2
HFXI IQ FTSE International Equity Currency Neutral ETF 2.6 20 -8 7.0 -1.1
SPDW SPDR Portfolio Developed World ex-US ETF 2.6 3 9 7.0 -1.1
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 2.6 80 -68 7.5 -0.6
DBJP Xtrackers MSCI Japan Hedged Equity ETF 2.6 47 -35 7.4 -0.7
IXUS iShares Core MSCI Total International Stock ETF 2.6 7 5 7.0 -1.1
JPXN iShares JPX-Nikkei 400 ETF 2.5 48 -36 8.4 +0.3
NUDM Nuveen ESG International Developed Markets Equity ETF 2.5 31 -19 6.5 -1.6
SRET Global X SuperDividend REIT ETF 2.5 59 -47 9.9 +1.8
EEMD AAM S&P Emerging Markets High Dividend Value ETF 2.5 49 -37 16.4 +8.3
EWJ iShares MSCI Japan ETF 2.4 50 -38 7.7 -0.3
DWM WisdomTree International Equity Fund 2.4 48 -36 7.8 -0.3
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 2.4 39 -27 7.3 -0.8
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 2.4 40 -28 7.8 -0.3
SCHF Schwab International Equity ETF 2.3 6 6 7.3 -0.8
FLAX Franklin FTSE Asia Ex Japan ETF 2.3 19 -7 6.8 -1.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 2.3 45 -33 8.8 +0.7
DISV Dimensional International Small Cap Value ETF 2.3 42 -30 9.1 +1.0
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 2.3 41 -29 7.2 -0.9
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 2.2 20 -8 6.3 -1.8
GSID Goldman Sachs MarketBeta International Equity ETF 2.2 20 -8 6.8 -1.3
XCNY SPDR S&P Emerging Markets ex-China ETF 2.2 15 -3 6.1 -2.0
EWS iShares MSCI Singapore ETF 2.2 50 -38 5.0 -3.1
VEU Vanguard FTSE All-World ex-US Index Fund 2.2 8 4 7.1 -1.0
VWID Virtus WMC International Dividend ETF 2.2 49 -37 9.3 +1.2
AVES Avantis Emerging Markets Value ETF 2.1 36 -24 11.4 +3.3
EFA iShares MSCI EAFE ETF 2.1 35 -23 6.7 -1.4
FDEM Fidelity Emerging Markets Multifactor ETF 2.1 25 -13 12.3 +4.2
AVSD Avantis Responsible International Equity ETF 2.1 23 -11 6.9 -1.2
ESGD iShares ESG Aware MSCI EAFE ETF 2.1 20 -8 6.7 -1.4
EWG iShares MSCI Germany ETF 2.0 50 -38 6.0 -2.1
RODE Hartford Multifactor Diversified International ETF 2.0 29 -17 11.6 +3.6
BKIE BNY Mellon International Equity ETF 2.0 4 8 6.9 -1.2
VWO Vanguard FTSE Emerging Markets ETF 2.0 8 4 6.9 -1.2
IQLT iShares MSCI Intl Quality Factor ETF 2.0 30 -18 6.0 -2.1
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 2.0 14 -2 6.0 -2.1
AAXJ iShares MSCI All Country Asia ex Japan ETF 2.0 70 -58 6.0 -2.1
FCA First Trust China AlphaDEX Fund 2.0 80 -68 15.8 +7.7
IVLU iShares MSCI Intl Value Factor ETF 2.0 30 -18 11.3 +3.2
FLGR Franklin FTSE Germany ETF 2.0 9 3 6.6 -1.4
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 1.9 25 -13 8.4 +0.3
FENI Fidelity Enhanced International ETF 1.9 28 -16 7.9 -0.2
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 1.9 36 -24 6.5 -1.6
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 1.9 39 -27 12.3 +4.2
IQDF FlexShares International Quality Dividend Index Fund 1.9 47 -35 12.6 +4.5
JHMD John Hancock Multifactor Developed International ETF 1.9 39 -27 7.6 -0.5
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.9 38 -26 7.7 -0.4
DFIV Dimensional International Value ETF 1.8 27 -15 9.9 +1.8
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 1.8 58 -46 10.0 +1.9
UEVM VictoryShares Emerging Markets Value Momentum ETF 1.8 45 -33 12.1 +4.0
EEMO Invesco S&P Emerging Markets Momentum ETF 1.8 29 -17 5.4 -2.7
SPEM SPDR Portfolio Emerging Markets ETF 1.8 7 5 7.2 -0.9
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 1.8 80 -68 12.0 +3.9
EFAD ProShares MSCI EAFE Dividend Growers ETF 1.8 50 -38 5.1 -3.0
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.8 18 -6 6.8 -1.3
NUEM Nuveen ESG Emerging Markets Equity ETF 1.8 36 -24 6.3 -1.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.8 30 -18 7.8 -0.3
MEM Matthews Emerging Markets Equity Active ETF 1.8 79 -67 5.3 -2.7
EIS iShares MSCI Israel ETF 1.7 58 -46 8.4 +0.3
FIVA Fidelity International Value Factor ETF 1.7 18 -6 10.0 +2.0
IEMG iShares Core MSCI Emerging Markets ETF 1.7 9 3 7.3 -0.8
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.7 47 -35 9.1 +1.0
JIRE JPMorgan International Research Enhanced Equity ETF 1.7 24 -12 6.9 -1.2
ACWX iShares MSCI ACWI ex U.S. ETF 1.7 34 -22 6.8 -1.3
RFDI First Trust Riverfront Dynamic Developed International ETF 1.7 83 -71 9.7 +1.6
FEM First Trust Emerging Markets AlphaDEX Fund 1.7 80 -68 12.7 +4.7
FLCH Franklin FTSE China ETF 1.7 19 -7 8.8 +0.7
IEUR iShares Core MSCI Europe ETF 1.7 11 1 6.8 -1.3
ECON Columbia Emerging Markets Consumer ETF 1.7 49 -37 7.2 -0.8
BLES Inspire Global Hope ETF 1.6 61 -49 6.2 -1.9
DFAE Dimensional Emerging Core Equity Market ETF 1.6 35 -23 7.1 -1.0
VGK Vanguard FTSE Europe ETF 1.6 11 1 6.8 -1.3
DFSI Dimensional International Sustainability Core 1 ETF 1.6 24 -12 6.2 -1.9
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.6 41 -29 7.3 -0.8
GXC SPDR S&P China ETF 1.6 59 -47 8.4 +0.3
TPIF Timothy Plan International ETF 1.6 62 -50 6.6 -1.5
AVDE Avantis International Equity ETF 1.6 23 -11 7.9 -0.2
IDMO Invesco S&P International Developed Momentum ETF 1.6 25 -13 5.7 -2.4
SPEU SPDR Portfolio Europe ETF 1.6 7 5 6.8 -1.3
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 1.6 20 -8 6.7 -1.3
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 1.6 9 3 9.7 +1.6
IMTM iShares MSCI Intl Momentum Factor ETF 1.6 30 -18 6.1 -2.0
EMXF iShares ESG Advanced MSCI EM ETF 1.6 16 -4 6.7 -1.4
FID First Trust S&P International Dividend Aristocrats ETF 1.6 60 -48 8.8 +0.7
WDIV SPDR S&P Global Dividend ETF 1.6 40 -28 9.2 +1.1
PIN Invesco India ETF 1.5 78 -66 4.2 -3.9
FEUZ First Trust Eurozone AlphaDEX ETF 1.5 80 -68 6.5 -1.6
EMM Global X Emerging Markets ex-China ETF 1.5 75 -63 4.0 -4.1
DFIC Dimensional International Core Equity 2 ETF 1.5 23 -11 7.6 -0.5
KALL KraneShares MSCI All China Index ETF 1.5 49 -37 8.9 +0.9
AVDV Avantis International Small Cap Value ETF 1.5 36 -24 8.0 -0.1
VYMI Vanguard International High Dividend Yield ETF 1.5 22 -10 9.7 +1.6
EQLT iShares MSCI Emerging Markets Quality Factor ETF 1.5 35 -23 7.2 -0.9
DAX Global X DAX Germany ETF 1.5 21 -9 6.5 -1.6
INDA iShares MSCI India ETF 1.5 65 -53 4.0 -4.0
CWI SPDR MSCI ACWI ex-US ETF 1.4 30 -18 6.8 -1.3
EDIV SPDR S&P Emerging Markets Dividend ETF 1.4 49 -37 11.9 +3.8
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 1.4 44 -32 10.5 +2.4
CEFA Global X S&P Catholic Values Developed ex-US ETF 1.4 35 -23 6.4 -1.6
EWQ iShares MSCI France ETF 1.4 53 -41 6.2 -1.9
CIL VictoryShares International Volatility Wtd ETF 1.4 45 -33 6.8 -1.3
SCHE Schwab Emerging Markets Equity ETF 1.4 11 1 6.9 -1.2
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 1.4 51 -39 6.8 -1.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.4 20 -8 5.0 -3.0
LDEM iShares ESG MSCI EM Leaders ETF 1.4 17 -5 7.3 -0.7
ASEA Global X FTSE Southeast Asia ETF 1.4 65 -53 6.3 -1.8
MCHI iShares MSCI China ETF 1.3 59 -47 8.4 +0.3
IQDE FlexShares International Quality Dividend Defensive Index ET 1.3 47 -35 14.6 +6.5
EWK iShares MSCI Belgium ETF 1.3 50 -38 7.9 -0.2
BKEM BNY Mellon Emerging Markets Equity ETF 1.3 11 1 8.3 +0.2
EMC Global X Emerging Markets Great Consumer ETF 1.3 75 -63 4.6 -3.5
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 1.3 30 -18 7.2 -0.9
FLIN Franklin FTSE India ETF 1.3 19 -7 4.5 -3.6
DFAI Dimensional International Core Equity Market ETF 1.3 18 -6 7.1 -1.0
ISRA VanEck Israel ETF 1.3 59 -47 7.8 -0.3
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 1.3 45 -33 6.5 -1.6
BKF iShares MSCI BIC ETF 1.3 69 -57 6.7 -1.4
EFAV iShares MSCI EAFE Min Vol Factor ETF 1.3 22 -10 6.4 -1.7
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 1.3 50 -38 12.8 +4.7
SDIV Global X Superdividend ETF 1.3 58 -46 14.7 +6.6
EEM iShares MSCI Emerging Markets ETF 1.2 69 -57 6.7 -1.4
GSIE Goldman Sachs ActiveBeta International Equity ETF 1.2 25 -13 7.0 -1.1
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 1.2 36 -24 7.7 -0.4
QEFA SPDR MSCI EAFE StrategicFactors ETF 1.2 30 -18 7.0 -1.1
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 1.2 20 -8 6.7 -1.4
EWD iShares MSCI Sweden ETF 1.2 54 -42 6.3 -1.8
EMXC iShares MSCI Emerging Markets ex China ETF 1.2 25 -13 6.5 -1.6
FNDF Schwab Fundamental International Large Co. Index ETF 1.2 25 -13 9.7 +1.6
AVEM Avantis Emerging Markets Equity ETF 1.2 33 -21 8.7 +0.7
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 1.2 66 -54 9.9 +1.8
CID VictoryShares International High Div Volatility Wtd ETF 1.2 45 -33 9.5 +1.4
ECNS iShares MSCI China Small-Cap ETF 1.2 59 -47 13.7 +5.6
XCEM Columbia EM Core ex-China ETF 1.2 16 -4 7.6 -0.5
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 1.1 15 -3 7.1 -0.9
GLOF iShares Global Equity Factor ETF 1.1 20 -8 5.9 -2.2
EZU iShares MSCI Eurozone ETF 1.1 52 -40 6.4 -1.7
MOTI VanEck Morningstar International Moat ETF 1.1 58 -46 5.7 -2.4
PXH Invesco FTSE RAFI Emerging Markets ETF 1.1 49 -37 12.0 +3.9
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 1.1 15 -3 10.2 +2.1
FLGB Franklin FTSE United Kingdom ETF 1.1 9 3 7.6 -0.5
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 1.1 80 -68 10.6 +2.5
GMF SPDR S&P Emerging Asia Pacific ETF 1.1 49 -37 6.0 -2.1
CGDG Capital Group Dividend Growers ETF 1.1 47 -35 6.5 -1.6
EWW iShares MSCI Mexico ETF 1.1 50 -38 13.6 +5.5
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.1 56 -44 13.3 +5.2
DIVI Franklin International Core Dividend Tilt Index ETF 1.0 9 3 7.9 -0.2
EVLU iShares MSCI Emerging Markets Value Factor ETF 1.0 35 -23 12.3 +4.2
NTZG Nuveen Global Net Zero Transition ETF 1.0 56 -44 4.6 -3.5
EEMA iShares MSCI Emerging Markets Asia ETF 1.0 49 -37 6.4 -1.7
XC WisdomTree Emerging Markets Ex-China Fund 1.0 32 -20 5.8 -2.3
EPHE iShares MSCI Philippines ETF 1.0 59 -47 8.9 +0.8
DEM WisdomTree Emerging Markets High Dividend Fund 0.9 63 -51 18.7 +10.7
ROAM Hartford Multifactor Emerging Markets ETF 0.9 44 -32 15.4 +7.3
KLMT Invesco MSCI Global Climate 500 ETF 0.9 10 2 5.3 -2.8
VT Vanguard Total World Stock ETF 0.9 7 5 5.4 -2.7
FLEE Franklin FTSE Europe ETF 0.9 9 3 6.9 -1.2
MINV Matthews Asia Innovators Active ETF 0.9 79 -67 3.0 -5.1
FXI iShares China Large-Cap ETF 0.9 74 -62 8.1 +0.0
VIDI Vident International Equity Strategy ETF 0.9 61 -49 10.1 +2.1
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.9 58 -46 6.3 -1.8
FLSW Franklin FTSE Switzerland ETF 0.9 9 3 5.2 -2.9
IQDG WisdomTree International Quality Dividend Growth Fund 0.9 42 -30 6.5 -1.6
DEW WisdomTree Global High Dividend Fund 0.9 58 -46 8.4 +0.3
EPI WisdomTree India Earnings Fund 0.9 85 -73 5.9 -2.2
BKCI BNY Mellon Concentrated International ETF 0.9 80 -68 4.0 -4.1
FLEU Franklin FTSE Eurozone ETF 0.9 9 3 7.0 -1.0
STXE Strive Emerging Markets Ex-China ETF 0.9 32 -20 6.8 -1.3
SMIN iShares MSCI India Small Cap ETF 0.9 79 -67 3.4 -4.7
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.9 32 -20 6.1 -2.0
DOL WisdomTree International LargeCap Dividend Fund 0.8 48 -36 7.7 -0.4
DFE WisdomTree Europe SmallCap Dividend Fund 0.8 58 -46 10.5 +2.4
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.8 45 -33 10.8 +2.7
VIGI Vanguard International Dividend Appreciation ETF 0.8 15 -3 6.3 -1.8
IGRO iShares International Dividend Growth ETF 0.8 15 -3 7.4 -0.7
FJP First Trust Japan AlphaDEX Fund 0.8 80 -68 10.1 +2.0
IEV iShares Europe ETF 0.8 67 -55 6.4 -1.7
JHEM John Hancock Multifactor Emerging Markets ETF 0.8 49 -37 8.0 -0.1
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.8 24 -12 9.1 +1.0
IVAL Alpha Architect International Quantitative Value ETF 0.7 49 -37 9.8 +1.7
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.7 46 -34 6.4 -1.7
EWU iShares MSCI United Kingdom ETF 0.7 50 -38 8.1 +0.0
FEP First Trust Europe AlphaDEX Fund 0.7 80 -68 7.6 -0.5
STXI Strive International Developed Markets ETF 0.7 29 -17 6.7 -1.4
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.7 33 -21 8.1 +0.1
KOCG FIS Knights of Columbus Global Belief ETF 0.7 75 -63 4.8 -3.2
ESGG FlexShares STOXX Global ESG Select Index Fund 0.7 42 -30 5.0 -3.1
JIG JPMorgan International Growth ETF 0.7 55 -43 4.5 -3.6
FSZ First Trust Switzerland AlphaDEX Fund 0.7 80 -68 4.1 -4.0
EFG iShares MSCI EAFE Growth ETF 0.7 36 -24 4.4 -3.7
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.7 32 -20 6.0 -2.1
IDV iShares International Select Dividend ETF 0.7 51 -39 12.1 +4.0
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.7 25 -13 6.9 -1.2
FLLA Franklin FTSE Latin America ETF 0.7 19 -7 13.2 +5.1
FLN First Trust Latin America AlphaDEX Fund 0.7 80 -68 8.3 +0.2
AVIV Avantis International Large Cap Value ETF 0.6 25 -13 8.8 +0.7
EWL iShares MSCI Switzerland ETF 0.6 50 -38 4.3 -3.8
KSA iShares MSCI Saudi Arabia ETF 0.6 74 -62 5.4 -2.7
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.6 30 -18 8.0 -0.1
EMGF iShares Emerging Markets Equity Factor ETF 0.6 25 -13 8.3 +0.2
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 0.6 18 -6 7.0 -1.1
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 0.6 88 -76 7.2 -0.8
BBEU JPMorgan BetaBuilders Europe ETF 0.6 9 3 6.9 -1.2
RNEM First Trust Emerging Markets Equity Select ETF 0.6 75 -63 7.2 -0.9
CRUZ Defiance Hotel Airline and Cruise ETF 0.6 45 -33 -4.4 -12.5
ACWI iShares MSCI ACWI ETF 0.6 32 -20 5.2 -2.9
FLMX Franklin FTSE Mexico ETF 0.6 19 -7 16.1 +8.0
SCHY Schwab International Dividend Equity ETF 0.6 14 -2 9.1 +1.1
WTRE WisdomTree New Economy Real Estate Fund 0.5 58 -46 0.3 -7.8
IVRA Invesco Real Assets ESG ETF 0.5 59 -47 5.4 -2.7
UMMA Wahed Dow Jones Islamic World ETF 0.5 65 -53 4.3 -3.7
DIHP Dimensional International High Profitability ETF 0.5 29 -17 7.3 -0.8
FKU First Trust United Kingdom AlphaDEX Fund 0.5 80 -68 8.1 +0.0
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 0.5 25 -13 6.4 -1.7
DVYE iShares Emerging Markets Dividend ETF 0.5 49 -37 18.6 +10.5
AIA iShares Asia 50 ETF 0.5 50 -38 6.6 -1.5
URTH iShares MSCI World ETF 0.5 24 -12 5.1 -3.0
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 0.5 32 -20 6.6 -1.4
SDEM Global X MSCI SuperDividend Emerging Markets ETF 0.5 67 -55 14.6 +6.6
DFJ WisdomTree Japan SmallCap Dividend Fund 0.5 58 -46 7.8 -0.3
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 0.5 58 -46 7.9 -0.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.5 9 3 5.3 -2.8
FLSA Franklin FTSE Saudi Arabia ETF 0.5 39 -27 5.5 -2.6
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.4 80 -68 9.0 +0.9
BIGFX Baron International Growth Retail 0.4 75 -63 3.2 -4.9
ESGE iShares ESG Aware MSCI EM ETF 0.4 25 -13 6.9 -1.2
EQIN Columbia US Equity Income ETF 0.4 35 -23 5.3 -2.8
EUDV ProShares MSCI Europe Dividend Growers ETF 0.4 55 -43 5.0 -3.1
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.4 25 -13 5.5 -2.6
KOKU Xtrackers MSCI Kokusai Equity ETF 0.4 9 3 5.1 -3.0
TOK iShares MSCI Kokusai ETF 0.4 26 -14 4.9 -3.2
QINT American Century Quality Diversified International ETF 0.4 39 -27 7.5 -0.6
NDIA Global X India Active ETF 0.4 75 -63 7.1 -1.0
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.4 70 -58 3.5 -4.6
CGXU Capital Group International Focus Equity ETF 0.3 54 -42 4.6 -3.5
FTHF First Trust Emerging Markets Human Flourishing ETF 0.3 75 -63 8.8 +0.7
GLIN VanEck India Growth Leaders ETF 0.3 77 -65 5.7 -2.4
ILF iShares Latin America 40 ETF 0.3 48 -36 10.6 +2.5
BINV Brandes International ETF 0.3 70 -58 8.2 +0.2
WLDR Affinity World Leaders Equity ETF 0.3 67 -55 7.6 -0.5
MCH Matthews China Active ETF 0.3 79 -67 5.3 -2.7
JRE Janus Henderson U.S. Real Estate ETF 0.3 65 -53 5.4 -2.7
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 0.3 40 -28 8.1 +0.0
EWT iShares MSCI Taiwan ETF 0.3 58 -46 5.5 -2.6
QAT iShares MSCI Qatar ETF 0.3 59 -47 9.4 +1.3
QWLD SPDR MSCI World StrategicFactors ETF 0.3 30 -18 5.8 -2.3
AFK VanEck Africa Index ETF 0.3 98 -86 8.7 +0.6
AGNG Global X Aging Population ETF 0.3 50 -38 4.1 -4.0
FRDM Freedom 100 Emerging Markets ETF 0.3 49 -37 7.1 -1.0
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 0.3 65 -53 6.1 -1.9
IMFL Invesco International Developed Dynamic Multifactor ETF 0.3 34 -22 5.7 -2.4
SRVR Pacer Data & Infrastructure Real Estate ETF 0.2 55 -43 1.9 -6.2
DTCR Global X Data Center & Digital Infrastructure ETF 0.2 50 -38 4.2 -3.8
FLTW Franklin FTSE Taiwan ETF 0.2 19 -7 5.7 -2.4
GLBL Pacer MSCI World Industry Advantage ETF 0.2 65 -53 4.6 -3.5
EFNL iShares MSCI Finland ETF 0.2 56 -44 7.7 -0.4
FPXI First Trust International Equity Opportunities ETF 0.2 70 -58 4.7 -3.4
EIDO iShares MSCI Indonesia ETF 0.2 59 -47 7.5 -0.6
PTEC Global X PropTech ETF 0.2 50 -38 1.5 -6.6
EYLD Cambria Emerging Shareholder Yield ETF 0.2 66 -54 13.1 +5.1
EWO iShares MSCI Austria ETF 0.2 50 -38 13.7 +5.6
ECH iShares MSCI Chile ETF 0.2 58 -46 9.6 +1.5
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 0.2 65 -53 7.9 -0.2
CNYA iShares MSCI China A ETF 0.2 60 -48 8.0 -0.1
IDX VanEck Indonesia Index ETF 0.2 57 -45 8.8 +0.7
JSTC Adasina Social Justice All Cap Global ETF 0.2 89 -77 4.7 -3.4
ENZL iShares MSCI New Zealand ETF 0.1 50 -38 3.5 -4.6
EWZS iShares MSCI Brazil Small-Cap ETF 0.1 59 -47 11.4 +3.3
BBCA JPMorgan BetaBuilders Canada ETF 0.1 19 -7 6.4 -1.7
IDHQ Invesco S&P International Developed High Quality ETF 0.1 29 -17 6.2 -1.9
TUR iShares MSCI Turkey ETF 0.1 58 -46 18.7 +10.7
EWC iShares MSCI Canada ETF 0.1 50 -38 6.3 -1.8
EPU iShares MSCI Peru and Global Exposure ETF 0.1 59 -47 5.7 -2.4
DEHP Dimensional Emerging Markets High Profitability ETF 0.1 41 -29 4.9 -3.2
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 -35 5.3 -2.8
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 0.1 95 -83 10.1 +2.0
EUDG WisdomTree Europe Quality Dividend Growth Fund 0.1 58 -46 6.1 -2.0
BRF VanEck Brazil Small-Cap ETF 0.1 66 -54 9.8 +1.7
ENOR iShares MSCI Norway ETF 0.1 53 -41 7.7 -0.4
NORW Global X MSCI Norway ETF 0.1 50 -38 7.8 -0.3
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 0.1 55 -43 8.4 +0.4
GREK Global X MSCI Greece ETF 0.1 57 -45 -3.7 -11.8
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.1 42 -30 7.7 -0.4
CGV Conductor Global Equity Value ETF 0.1 130 -118 10.6 +2.5
EELV Invesco S&P Emerging Markets Low Volatility ETF 0.1 29 -17 8.7 +0.6
EWN iShares MSCI Netherlands ETF 0.1 50 -38 4.9 -3.2
FLBR Franklin FTSE Brazil ETF 0.1 19 -7 13.4 +5.3
RAYC Rayliant Quantamental China Equity ETF 0.1 80 -68 8.6 +0.5
BRAZ Global X Brazil Active ETF 0.1 75 -63 10.8 +2.7
EIRL iShares MSCI Ireland ETF 0.1 50 -38 6.7 -1.3

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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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:		 Vanguard Global ex-U.S. Real Estate 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 5.9 %
Divided by: Fwd. P/BV 0.7 x
Less: Expense ratio 12 bp
Equals: ALTAR Score 8.1 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.59 CATEGORY
AVERAGE		 1.54
 
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.