Vanguard Global ex-U.S. Real Estate ETF
ALTAR
Score™		 7.7% info Recommen-
dation		 OVERWEIGHT
2025E    2026E
P/E
ratio		 14.0x P/Sales
ratio		 2.3x
P/BV
ratio		 0.8x 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) $2,942
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 678
Wgt avg mkt cap (mns) $8,690
Large cap (>$10bn) 33.0%
Mid cap ($2-10bn) 44.9%
Small cap (<$2bn) 21.9%
Developed mkts 81.1%
Emerging mkts 18.9%

TOP TEN HOLDINGS
GOODMAN GROUP 4.3 %
EMAAR PROPERTIES PJSC 2.6 %
MITSUI FUDOSAN CO LTD 2.6 %
DEUTSCHE ANNINGTON IMMOBILIE 2.6 %
DAIWA HOUSE INDUSTRY CO LTD 2.3 %
MITSUBISHI ESTATE CO LTD 2.1 %
SUMITOMO REALTY & DEVELOPMNT 1.9 %
SUN HUNG KAI PROPERTIES 1.6 %
LINK REIT 1.3 %
SEGRO PLC 1.3 %
Total 22.7 %

TOP COUNTRY EXPOSURE
JAPAN 22.5 %
AUSTRALIA 10.7 %
HONG KONG 9.0 %
BRITAIN 6.2 %
SINGAPORE 5.8 %
UAE 3.7 %
GERMANY 3.5 %
INDIA 3.2 %
SWITZERLAND 2.7 %
CHINA 2.5 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
1.9% 0.2% -3.5% 0.1% 2.2%

Market Correlations
versus... Beta R-squared
S&P500 0.82 51%
MSCI EAFE 1.02 81%
MSCI Emg. Mkts. 0.97 73%

Technical Indicators
Recent close $40.81
30d moving avg. $40.67
Annualized volatility 19.7%
Short interest (ETF) 0.8%
Relative strength (RSI) 49

Liquidity measures
Avg. volume (thou.) 201
Turnover 0.3%
Bid/Ask (% of price) 0.15%
ADV underlying (mns) $3,238

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 357 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™: 7.7%


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 72.3 10 2 7.5 -0.2
IFGL iShares International Developed Real Estate ETF 62.3 48 -36 6.3 -1.4
RWX SPDR Dow Jones International Real Estate ETF 40.0 59 -47 5.9 -1.8
ERET iShares Environmentally Aware Real Estate ETF 33.2 30 -18 3.1 -4.6
VGSR Vert Global Sustainable Real Estate ETF 29.0 47 -35 2.8 -4.9
RWO SPDR Dow Jones Global Real Estate ETF 25.7 50 -38 2.9 -4.8
REET iShares Global REIT ETF 24.8 14 -2 3.3 -4.3
AVRE Avantis Real Estate ETF 23.7 17 -5 3.3 -4.4
DFGR Dimensional Global Real Estate ETF 22.8 22 -10 3.2 -4.5
GQRE FlexShares Global Quality Real Estate Index Fund 21.2 45 -33 4.1 -3.6
IQRA IQ CBRE Real Assets ETF 12.1 65 -53 2.7 -5.0
SCZ iShares MSCI EAFE Small-Cap ETF 9.7 40 -28 7.4 -0.3
SCJ iShares MSCI Japan Small-Cap ETF 9.0 50 -38 6.8 -0.9
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 8.7 19 -7 6.3 -1.4
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 8.6 49 -37 7.3 -0.3
DIM WisdomTree International MidCap Dividend Fund 8.4 58 -46 7.7 +0.0
EPP iShares MSCI Pacific ex-Japan ETF 8.2 47 -35 5.7 -2.0
RITA ETFB Green SRI REITs ETF 8.0 50 -38 2.4 -5.3
JPIN J.P. Morgan Diversified Return International Equity ETF 7.6 37 -25 8.9 +1.2
IEUS iShares MSCI Europe Small-Cap ETF 7.3 42 -30 7.2 -0.5
FLHK Franklin FTSE Hong Kong ETF 7.3 9 3 6.8 -0.8
DWX SPDR S&P International Dividend ETF 7.2 45 -33 6.6 -1.1
ERTH Invesco MSCI Sustainable Future ETF 7.2 62 -50 2.5 -5.2
IDLV Invesco S&P International Developed Low Volatility ETF 6.8 25 -13 6.3 -1.4
SCHC Schwab International Small-Cap Equity ETF 6.4 11 1 7.1 -0.6
DTRE First Trust Alerian Disruptive Technology Real Estate ETF 6.3 60 -48 2.5 -5.2
FLAU Franklin FTSE Australia ETF 6.2 9 3 6.4 -1.3
FNDC Schwab Fundamental International Small Co. Index ETF 6.1 39 -27 6.3 -1.4
EWA iShares MSCI Australia ETF 6.1 50 -38 6.1 -1.6
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 6.1 7 5 7.0 -0.7
EWH iShares MSCI Hong Kong ETF 5.9 50 -38 6.1 -1.6
GWX SPDR S&P International Small Cap ETF 5.9 40 -28 6.7 -1.0
IPAC iShares Core MSCI Pacific ETF 5.7 9 3 7.1 -0.6
INDS Pacer Industrial Real Estate ETF 5.7 55 -43 3.9 -3.7
ISCF iShares International SmallCap Equity Factor ETF 5.4 23 -11 8.6 +0.9
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 5.4 12 0 6.2 -1.5
SPRE SP Funds S&P Global REIT Sharia ETF 5.2 55 -43 2.3 -5.3
VPL Vanguard FTSE Pacific ETF 5.0 8 4 7.7 -0.0
SDG iShares MSCI Global Sustainable Development Goals ETF 5.0 49 -37 6.0 -1.7
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 4.8 80 -68 5.7 -2.0
SRET Global X SuperDividend REIT ETF 4.8 59 -47 8.1 +0.5
GVAL Cambria Global Value ETF 4.7 68 -56 11.3 +3.6
DVYA iShares Asia/Pacific Dividend ETF 4.3 49 -37 8.9 +1.3
FID First Trust S&P International Dividend Aristocrats ETF 4.2 60 -48 9.1 +1.4
WDIV SPDR S&P Global Dividend ETF 4.2 40 -28 9.6 +2.0
EWJV iShares MSCI Japan Value ETF 4.2 15 -3 9.8 +2.1
EWX SPDR S&P Emerging Markets Small Cap ETF 4.2 65 -53 8.1 +0.4
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 4.2 58 -46 9.0 +1.3
EEMS iShares MSCI Emerging Markets Small Cap ETF 4.2 70 -58 7.8 +0.1
DTH WisdomTree International High Dividend Fund 4.2 58 -46 9.1 +1.4
AIVI WisdomTree International AI Enhanced Value Fund 4.1 58 -46 7.5 -0.2
EWUS iShares MSCI United Kingdom Small Cap ETF 4.1 59 -47 7.4 -0.3
UAE iShares MSCI UAE ETF 3.9 59 -47 9.0 +1.3
ADIV SmartETFs Asia Pacific Dividend Builder ETF 3.7 78 -66 9.6 +1.9
DMXF iShares ESG Advanced MSCI EAFE ETF 3.7 12 0 5.8 -1.9
FLJP Franklin FTSE Japan ETF 3.6 9 3 7.0 -0.7
FLJH Franklin FTSE Japan Hedged ETF 3.6 9 3 6.7 -1.0
BLDG Cambria Global Real Estate ETF 3.4 60 -48 4.2 -3.5
EFV iShares MSCI EAFE Value ETF 3.2 34 -22 9.4 +1.8
BLLD JPMorgan Sustainable Infrastructure ETF 3.2 49 -37 4.8 -2.9
EFAD ProShares MSCI EAFE Dividend Growers ETF 3.2 50 -38 5.8 -1.9
VSGX Vanguard ESG International Stock ETF 3.2 12 0 8.2 +0.5
INTF iShares International Equity Factor ETF 3.1 15 -3 8.1 +0.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 3.0 39 -27 8.3 +0.7
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 3.0 59 -47 13.7 +6.0
IEFA iShares Core MSCI EAFE ETF 3.0 7 5 7.4 -0.3
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 2.9 12 0 5.1 -2.5
DLS WisdomTree International SmallCap Dividend Fund 2.9 58 -46 8.9 +1.2
DWM WisdomTree International Equity Fund 2.9 48 -36 7.7 +0.0
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 2.9 40 -28 7.5 -0.1
DFEV Dimensional Emerging Markets Value ETF 2.9 43 -31 14.5 +6.8
UIVM VictoryShares International Value Momentum ETF 2.8 35 -23 9.5 +1.8
INEQ Columbia International Equity Income ETF 2.8 45 -33 8.7 +1.0
FDEV Fidelity International Multifactor ETF 2.8 18 -6 7.7 +0.0
IDEV iShares Core MSCI International Developed Markets ETF 2.8 4 8 7.4 -0.3
WWJD Inspire International ETF 2.7 80 -68 7.6 -0.1
VEA Vanguard FTSE Developed Markets ETF 2.7 5 7 7.6 -0.1
JPXN iShares JPX-Nikkei 400 ETF 2.6 48 -36 7.5 -0.2
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 2.6 80 -68 9.7 +2.0
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 2.6 58 -46 10.1 +2.5
DFIS Dimensional International Small Cap ETF 2.6 39 -27 7.9 +0.2
HFXI IQ FTSE International Equity Currency Neutral ETF 2.6 20 -8 7.4 -0.3
BBJP JPMorgan BetaBuilders Japan ETF 2.6 19 -7 7.6 -0.1
IQSI IQ Candriam International Equity ETF 2.6 15 -3 6.7 -1.0
VXUS Vanguard Total International Stock ETF 2.5 7 5 8.3 +0.6
IXUS iShares Core MSCI Total International Stock ETF 2.5 7 5 8.3 +0.6
FIDI Fidelity International High Dividend ETF 2.5 18 -6 9.0 +1.3
JHID John Hancock International High Dividend ETF 2.5 46 -34 10.3 +2.6
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 2.5 24 -12 6.4 -1.3
SPDW SPDR Portfolio Developed World ex-US ETF 2.4 3 9 7.5 -0.2
XCNY SPDR S&P Emerging Markets ex-China ETF 2.4 15 -3 0.0 -7.7
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 2.3 41 -29 9.4 +1.7
RODM Hartford Multifactor Developed Markets (ex-US) ETF 2.3 29 -17 8.2 +0.5
FLAX Franklin FTSE Asia Ex Japan ETF 2.3 19 -7 10.8 +3.2
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 2.3 39 -27 7.0 -0.7
EWJ iShares MSCI Japan ETF 2.2 50 -38 7.1 -0.6
DISV Dimensional International Small Cap Value ETF 2.2 42 -30 9.7 +2.0
EWS iShares MSCI Singapore ETF 2.2 50 -38 5.2 -2.5
SCHF Schwab International Equity ETF 2.2 6 6 7.7 +0.0
DBJP Xtrackers MSCI Japan Hedged Equity ETF 2.2 47 -35 7.1 -0.6
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 2.1 32 -20 6.1 -1.6
VEU Vanguard FTSE All-World ex-US Index Fund 2.1 8 4 8.5 +0.8
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 2.1 45 -33 9.3 +1.7
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 2.1 14 -2 6.0 -1.7
EFAS Global X MSCI SuperDividend EAFE ETF 2.1 57 -45 8.5 +0.9
VWO Vanguard FTSE Emerging Markets ETF 2.1 8 4 10.9 +3.2
GSID Goldman Sachs MarketBeta International Equity ETF 2.1 20 -8 7.1 -0.5
EFAV iShares MSCI EAFE Min Vol Factor ETF 2.1 22 -10 5.8 -1.9
AVSD Avantis Responsible International Equity ETF 2.0 23 -11 6.8 -0.9
FCA First Trust China AlphaDEX Fund 2.0 80 -68 11.3 +3.6
DWMF WisdomTree International Multifactor Fund 2.0 38 -26 6.9 -0.8
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 2.0 39 -27 16.9 +9.2
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 1.9 20 -8 6.6 -1.1
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 1.9 50 -38 11.6 +3.9
AAXJ iShares MSCI All Country Asia ex Japan ETF 1.9 70 -58 9.8 +2.2
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.9 38 -26 9.9 +2.3
EEMO Invesco S&P Emerging Markets Momentum ETF 1.9 29 -17 6.2 -1.5
DFIV Dimensional International Value ETF 1.9 27 -15 10.4 +2.7
BKIE BNY Mellon International Equity ETF 1.9 4 8 7.3 -0.4
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 1.9 80 -68 13.6 +5.9
SPEM SPDR Portfolio Emerging Markets ETF 1.9 7 5 10.9 +3.2
EFA iShares MSCI EAFE ETF 1.8 35 -23 7.0 -0.6
ESGD iShares ESG Aware MSCI EAFE ETF 1.8 20 -8 7.1 -0.5
VWID Virtus WMC International Dividend ETF 1.8 49 -37 8.8 +1.1
IEMG iShares Core MSCI Emerging Markets ETF 1.8 9 3 10.9 +3.2
EIS iShares MSCI Israel ETF 1.8 58 -46 8.6 +0.9
FIVA Fidelity International Value Factor ETF 1.8 18 -6 10.5 +2.8
MEM Matthews Emerging Markets Equity Active ETF 1.8 79 -67 8.5 +0.8
JHMD John Hancock Multifactor Developed International ETF 1.8 39 -27 7.8 +0.1
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 1.7 36 -24 6.9 -0.8
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.7 18 -6 8.1 +0.4
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.7 30 -18 8.6 +0.9
IQLT iShares MSCI Intl Quality Factor ETF 1.7 30 -18 6.3 -1.4
ECON Columbia Emerging Markets Consumer ETF 1.7 49 -37 12.9 +5.3
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 1.7 20 -8 6.7 -1.0
DFAE Dimensional Emerging Core Equity Market ETF 1.7 35 -23 10.2 +2.5
IVLU iShares MSCI Intl Value Factor ETF 1.7 30 -18 11.1 +3.5
LDEM iShares ESG MSCI EM Leaders ETF 1.6 17 -5 12.9 +5.2
FEM First Trust Emerging Markets AlphaDEX Fund 1.6 80 -68 13.8 +6.1
INDA iShares MSCI India ETF 1.6 65 -53 4.3 -3.4
IQDF FlexShares International Quality Dividend Index Fund 1.6 47 -35 9.5 +1.8
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 1.6 44 -32 11.0 +3.4
AVDE Avantis International Equity ETF 1.6 23 -11 8.0 +0.3
PIN Invesco India ETF 1.6 78 -66 4.3 -3.4
RODE Hartford Multifactor Diversified International ETF 1.6 29 -17 9.9 +2.2
BLES Inspire Global Hope ETF 1.6 61 -49 6.8 -0.8
ACWX iShares MSCI ACWI ex U.S. ETF 1.6 34 -22 8.1 +0.5
PPIE Putnam PanAgora ESG International Equity ETF 1.6 49 -37 7.8 +0.1
FLIN Franklin FTSE India ETF 1.6 19 -7 3.9 -3.8
TPIF Timothy Plan International ETF 1.6 62 -50 6.5 -1.2
EDIV SPDR S&P Emerging Markets Dividend ETF 1.6 49 -37 11.6 +3.9
AVES Avantis Emerging Markets Value ETF 1.6 36 -24 12.2 +4.5
RFDI First Trust Riverfront Dynamic Developed International ETF 1.6 83 -71 10.0 +2.4
DFSI Dimensional International Sustainability Core 1 ETF 1.5 24 -12 6.6 -1.1
EMM Global X Emerging Markets ex-China ETF 1.5 75 -63 5.0 -2.7
LVHI Franklin International Low Volatility High Dividend Index ET 1.5 40 -28 11.0 +3.3
VYMI Vanguard International High Dividend Yield ETF 1.5 22 -10 10.0 +2.3
EWG iShares MSCI Germany ETF 1.5 50 -38 6.5 -1.2
EMXC iShares MSCI Emerging Markets ex China ETF 1.5 25 -13 8.0 +0.3
ASEA Global X FTSE Southeast Asia ETF 1.5 65 -53 6.9 -0.7
NUDM Nuveen ESG International Developed Markets Equity ETF 1.5 31 -19 6.6 -1.1
EWK iShares MSCI Belgium ETF 1.5 50 -38 4.6 -3.1
IEUR iShares Core MSCI Europe ETF 1.5 11 1 7.4 -0.3
FLGR Franklin FTSE Germany ETF 1.5 9 3 6.8 -0.9
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 1.4 30 -18 10.6 +2.9
SCHE Schwab Emerging Markets Equity ETF 1.4 11 1 11.6 +3.9
DEM WisdomTree Emerging Markets High Dividend Fund 1.4 63 -51 13.6 +5.9
GXC SPDR S&P China ETF 1.4 59 -47 16.7 +9.0
DFIC Dimensional International Core Equity 2 ETF 1.4 23 -11 7.9 +0.3
BKEM BNY Mellon Emerging Markets Equity ETF 1.4 11 1 11.8 +4.1
VGK Vanguard FTSE Europe ETF 1.4 11 1 7.5 -0.2
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.4 41 -29 7.1 -0.6
EMXF iShares ESG Advanced MSCI EM ETF 1.4 16 -4 8.4 +0.8
XCEM Columbia EM Core ex-China ETF 1.4 16 -4 8.5 +0.8
NUEM Nuveen ESG Emerging Markets Equity ETF 1.4 36 -24 8.1 +0.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.4 20 -8 6.0 -1.7
IDMO Invesco S&P International Developed Momentum ETF 1.4 25 -13 5.7 -2.0
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 1.4 36 -24 11.2 +3.5
SPEU SPDR Portfolio Europe ETF 1.4 7 5 7.5 -0.2
FLCH Franklin FTSE China ETF 1.4 19 -7 17.2 +9.5
EEM iShares MSCI Emerging Markets ETF 1.4 69 -57 10.7 +3.0
ISRA VanEck Israel ETF 1.3 59 -47 7.8 +0.1
FKU First Trust United Kingdom AlphaDEX Fund 1.3 80 -68 7.9 +0.3
AVDV Avantis International Small Cap Value ETF 1.3 36 -24 10.9 +3.3
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.3 47 -35 9.0 +1.3
SDIV Global X Superdividend ETF 1.3 58 -46 13.9 +6.2
EUDV ProShares MSCI Europe Dividend Growers ETF 1.3 55 -43 6.9 -0.8
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 1.3 66 -54 10.2 +2.5
QEFA SPDR MSCI EAFE StrategicFactors ETF 1.3 30 -18 7.3 -0.4
EVLU iShares MSCI Emerging Markets Value Factor ETF 1.3 35 -23 21.6 +13.9
CWI SPDR MSCI ACWI ex-US ETF 1.3 30 -18 8.2 +0.5
ECNS iShares MSCI China Small-Cap ETF 1.3 59 -47 10.8 +3.1
EPI WisdomTree India Earnings Fund 1.3 85 -73 4.7 -3.0
IMTM iShares MSCI Intl Momentum Factor ETF 1.2 30 -18 5.6 -2.0
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 1.2 15 -3 10.8 +3.1
DFAI Dimensional International Core Equity Market ETF 1.2 18 -6 7.6 -0.1
CIL VictoryShares International Volatility Wtd ETF 1.2 45 -33 7.0 -0.7
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 1.2 32 -20 7.0 -0.7
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 1.2 9 3 9.2 +1.5
EWQ iShares MSCI France ETF 1.2 53 -41 7.0 -0.7
FEUZ First Trust Eurozone AlphaDEX ETF 1.2 80 -68 9.2 +1.5
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 1.2 15 -3 8.6 +0.9
EMC Global X Emerging Markets Great Consumer ETF 1.2 75 -63 8.5 +0.8
CEFA Global X S&P Catholic Values Developed ex-US ETF 1.2 35 -23 5.9 -1.8
AVEM Avantis Emerging Markets Equity ETF 1.2 33 -21 9.7 +2.0
KALL KraneShares MSCI All China Index ETF 1.2 49 -37 15.3 +7.6
BKF iShares MSCI BIC ETF 1.2 69 -57 13.0 +5.3
DFE WisdomTree Europe SmallCap Dividend Fund 1.1 58 -46 8.4 +0.7
JIRE JPMorgan International Research Enhanced Equity ETF 1.1 24 -12 7.4 -0.3
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 1.1 45 -33 6.6 -1.1
DAX Global X DAX Germany ETF 1.1 21 -9 6.8 -0.9
MCHI iShares MSCI China ETF 1.1 59 -47 17.8 +10.2
ROAM Hartford Multifactor Emerging Markets ETF 1.1 44 -32 11.3 +3.6
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 1.1 25 -13 7.4 -0.3
FNDF Schwab Fundamental International Large Co. Index ETF 1.1 25 -13 10.1 +2.4
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 1.1 33 -21 10.6 +2.9
EWW iShares MSCI Mexico ETF 1.1 50 -38 9.6 +2.0
GLOF iShares Global Equity Factor ETF 1.1 20 -8 6.8 -0.9
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.1 56 -44 12.6 +4.9
EWD iShares MSCI Sweden ETF 1.1 54 -42 5.6 -2.1
PXH Invesco FTSE RAFI Emerging Markets ETF 1.1 49 -37 16.7 +9.0
XC WisdomTree Emerging Markets Ex-China Fund 1.0 32 -20 5.5 -2.2
DIVI Franklin International Core Dividend Tilt Index ETF 1.0 9 3 8.2 +0.6
FLSW Franklin FTSE Switzerland ETF 1.0 9 3 6.2 -1.5
EELV Invesco S&P Emerging Markets Low Volatility ETF 1.0 29 -17 8.7 +1.0
CXSE WisdomTree China ex-State-Owned Enterprises Fund 1.0 32 -20 17.8 +10.1
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 1.0 80 -68 11.8 +4.1
CGDG Capital Group Dividend Growers ETF 1.0 47 -35 6.3 -1.4
GMF SPDR S&P Emerging Asia Pacific ETF 1.0 49 -37 10.0 +2.4
VT Vanguard Total World Stock ETF 0.9 7 5 6.3 -1.4
EEMA iShares MSCI Emerging Markets Asia ETF 0.9 49 -37 10.7 +3.0
WLDR Affinity World Leaders Equity ETF 0.9 67 -55 8.3 +0.6
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.9 32 -20 9.6 +1.9
VIGI Vanguard International Dividend Appreciation ETF 0.9 15 -3 6.2 -1.5
FLGB Franklin FTSE United Kingdom ETF 0.9 9 3 8.0 +0.3
AIA iShares Asia 50 ETF 0.9 50 -38 14.7 +7.0
DOL WisdomTree International LargeCap Dividend Fund 0.9 48 -36 7.5 -0.2
STXE Strive Emerging Markets Ex-China ETF 0.9 32 -20 8.2 +0.5
FXI iShares China Large-Cap ETF 0.9 74 -62 18.1 +10.5
EPHE iShares MSCI Philippines ETF 0.9 59 -47 10.1 +2.4
FENI Fidelity Enhanced International ETF 0.9 28 -16 7.0 -0.7
SMIN iShares MSCI India Small Cap ETF 0.8 79 -67 3.3 -4.4
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.8 25 -13 7.5 -0.2
EZU iShares MSCI Eurozone ETF 0.8 52 -40 6.8 -0.9
FLEE Franklin FTSE Europe ETF 0.8 9 3 7.0 -0.7
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.8 24 -12 8.3 +0.7
IGRO iShares International Dividend Growth ETF 0.8 15 -3 7.3 -0.4
KLMT Invesco MSCI Global Climate 500 ETF 0.8 10 2 6.1 -1.6
EMGF iShares Emerging Markets Equity Factor ETF 0.8 25 -13 12.4 +4.8
KOCG FIS Knights of Columbus Global Belief ETF 0.8 75 -63 5.4 -2.3
BKCI BNY Mellon Concentrated International ETF 0.8 80 -68 4.9 -2.7
FSZ First Trust Switzerland AlphaDEX Fund 0.7 80 -68 5.0 -2.7
FLN First Trust Latin America AlphaDEX Fund 0.7 80 -68 10.6 +2.9
JHEM John Hancock Multifactor Emerging Markets ETF 0.7 49 -37 10.5 +2.8
VIDI Vident International Equity Strategy ETF 0.7 61 -49 12.0 +4.3
EWL iShares MSCI Switzerland ETF 0.7 50 -38 5.9 -1.8
IVAL Alpha Architect International Quantitative Value ETF 0.7 49 -37 10.6 +3.0
FLLA Franklin FTSE Latin America ETF 0.7 19 -7 13.5 +5.8
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.7 30 -18 9.3 +1.7
IDV iShares International Select Dividend ETF 0.7 51 -39 11.6 +3.9
FJP First Trust Japan AlphaDEX Fund 0.7 80 -68 10.3 +2.6
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.7 46 -34 6.8 -0.9
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.6 20 -8 11.3 +3.6
EWU iShares MSCI United Kingdom ETF 0.6 50 -38 8.6 +0.9
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.6 45 -33 11.0 +3.3
IEV iShares Europe ETF 0.6 67 -55 6.9 -0.7
CRUZ Defiance Hotel Airline and Cruise ETF 0.6 45 -33 3.1 -4.6
FEP First Trust Europe AlphaDEX Fund 0.6 80 -68 9.3 +1.6
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.6 25 -13 7.2 -0.4
ESGG FlexShares STOXX Global ESG Select Index Fund 0.6 42 -30 5.4 -2.3
WTRE WisdomTree New Economy Real Estate Fund 0.6 58 -46 9.6 +1.9
FLMX Franklin FTSE Mexico ETF 0.6 19 -7 9.9 +2.2
ACWI iShares MSCI ACWI ETF 0.6 32 -20 6.0 -1.7
KSA iShares MSCI Saudi Arabia ETF 0.6 74 -62 5.7 -2.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.6 9 3 6.1 -1.6
DEW WisdomTree Global High Dividend Fund 0.6 58 -46 7.7 +0.1
AVIV Avantis International Large Cap Value ETF 0.6 25 -13 9.3 +1.6
JIG JPMorgan International Growth ETF 0.6 55 -43 4.8 -2.9
SDEM Global X MSCI SuperDividend Emerging Markets ETF 0.5 67 -55 13.3 +5.6
DFJ WisdomTree Japan SmallCap Dividend Fund 0.5 58 -46 8.3 +0.7
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 0.5 58 -46 7.7 0.0
DVYE iShares Emerging Markets Dividend ETF 0.5 49 -37 18.9 +11.2
RNEM First Trust Emerging Markets Equity Select ETF 0.5 75 -63 1.0 -6.7
CGGO Capital Group Global Growth Equity ETF 0.5 47 -35 5.0 -2.7
STXI Strive International Developed Markets ETF 0.5 29 -17 5.9 -1.7
SCHY Schwab International Dividend Equity ETF 0.5 14 -2 9.8 +2.1
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 0.5 90 -78 8.4 +0.7
BBEU JPMorgan BetaBuilders Europe ETF 0.5 9 3 7.2 -0.4
UMMA Wahed Dow Jones Islamic World ETF 0.5 65 -53 5.3 -2.4
URTH iShares MSCI World ETF 0.5 24 -12 5.5 -2.2
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.4 80 -68 10.0 +2.3
UEVM VictoryShares Emerging Markets Value Momentum ETF 0.4 45 -33 11.1 +3.4
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 0.4 40 -28 5.6 -2.1
FLSA Franklin FTSE Saudi Arabia ETF 0.4 39 -27 5.9 -1.7
KOKU Xtrackers MSCI Kokusai Equity ETF 0.4 9 3 5.5 -2.2
ILF iShares Latin America 40 ETF 0.4 48 -36 13.5 +5.8
BINV Brandes International ETF 0.4 70 -58 9.5 +1.9
TOK iShares MSCI Kokusai ETF 0.4 26 -14 5.2 -2.5
MCH Matthews China Active ETF 0.4 79 -67 15.3 +7.6
DIHP Dimensional International High Profitability ETF 0.4 29 -17 7.4 -0.3
EFG iShares MSCI EAFE Growth ETF 0.3 36 -24 4.5 -3.2
FRDM Freedom 100 Emerging Markets ETF 0.3 49 -37 9.1 +1.4
GLIN VanEck India Growth Leaders ETF 0.3 77 -65 6.4 -1.3
SRVR Pacer Data & Infrastructure Real Estate ETF 0.3 55 -43 1.1 -6.6
DTCR Global X Data Center & Digital Infrastructure ETF 0.3 50 -38 1.7 -5.9
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 0.3 88 -76 10.3 +2.6
DEHP Dimensional Emerging Markets High Profitability ETF 0.3 41 -29 6.5 -1.1
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 0.3 25 -13 6.5 -1.2
AGNG Global X Aging Population ETF 0.3 50 -38 4.2 -3.5
JRE Janus Henderson U.S. Real Estate ETF 0.3 65 -53 1.6 -6.1
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 0.3 65 -53 4.4 -3.3
QWLD SPDR MSCI World StrategicFactors ETF 0.3 30 -18 5.9 -1.7
QAT iShares MSCI Qatar ETF 0.3 59 -47 40.5 +32.9
GLBL Pacer MSCI World Industry Advantage ETF 0.3 65 -53 5.0 -2.7
IMFL Invesco International Developed Dynamic Multifactor ETF 0.3 34 -22 6.2 -1.5
FGM First Trust Germany AlphaDEX Fund 0.3 80 -68 9.0 +1.4
FTHF First Trust Emerging Markets Human Flourishing ETF 0.3 75 -63 9.8 +2.2
NDIA Global X India Active ETF 0.2 75 -63 4.7 -3.0
EWT iShares MSCI Taiwan ETF 0.2 58 -46 6.8 -0.8
EFNL iShares MSCI Finland ETF 0.2 56 -44 7.4 -0.3
ECH iShares MSCI Chile ETF 0.2 58 -46 9.3 +1.6
PTEC Global X PropTech ETF 0.2 50 -38 2.5 -5.2
AFK VanEck Africa Index ETF 0.2 98 -86 12.6 +4.9
FPXI First Trust International Equity Opportunities ETF 0.2 70 -58 3.9 -3.8
FLTW Franklin FTSE Taiwan ETF 0.2 19 -7 7.0 -0.7
ESGE iShares ESG Aware MSCI EM ETF 0.2 25 -13 10.7 +3.0
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.2 25 -13 6.0 -1.7
EWO iShares MSCI Austria ETF 0.2 50 -38 11.9 +4.2
EYLD Cambria Emerging Shareholder Yield ETF 0.2 66 -54 13.1 +5.4
EIDO iShares MSCI Indonesia ETF 0.2 59 -47 8.5 +0.8
JSTC Adasina Social Justice All Cap Global ETF 0.2 89 -77 4.5 -3.2
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.1 70 -58 4.5 -3.2
TUR iShares MSCI Turkey ETF 0.1 58 -46 19.2 +11.5
QINT American Century Quality Diversified International ETF 0.1 39 -27 7.6 -0.0
EPU iShares MSCI Peru and Global Exposure ETF 0.1 59 -47 7.7 +0.0
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 0.1 65 -53 7.9 +0.2
CNYA iShares MSCI China A ETF 0.1 60 -48 7.2 -0.4
ENZL iShares MSCI New Zealand ETF 0.1 50 -38 3.4 -4.3
BBCA JPMorgan BetaBuilders Canada ETF 0.1 19 -7 6.9 -0.8
IDX VanEck Indonesia Index ETF 0.1 57 -45 8.4 +0.7
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.1 42 -30 6.8 -0.9
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 -35 5.7 -2.0
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 0.1 95 -83 13.1 +5.4
IDHQ Invesco S&P International Developed High Quality ETF 0.1 29 -17 6.7 -1.0
ENOR iShares MSCI Norway ETF 0.1 53 -41 10.2 +2.5
NORW Global X MSCI Norway ETF 0.1 50 -38 10.2 +2.5
BRF VanEck Brazil Small-Cap ETF 0.1 66 -54 12.9 +5.2
EWZS iShares MSCI Brazil Small-Cap ETF 0.1 59 -47 13.3 +5.6
EWN iShares MSCI Netherlands ETF 0.1 50 -38 5.9 -1.8
GREK Global X MSCI Greece ETF 0.1 57 -45 11.7 +4.1
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 0.1 55 -43 8.1 +0.4
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.1 58 -46 7.1 -0.6
IPKW Invesco International BuyBack Achievers ETF 0.1 55 -43 15.3 +7.6
EIRL iShares MSCI Ireland ETF 0.1 50 -38 8.5 +0.9
IQDG WisdomTree International Quality Dividend Growth Fund 0.1 42 -30 7.2 -0.5
RAYC Rayliant Quantamental China Equity ETF 0.0 80 -68 9.0 +1.4
FLBR Franklin FTSE Brazil ETF 0.0 19 -7 15.3 +7.7

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

  2020 2021 2022 2023 2024 2025E 2026E
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
  2024 2025E 2026E
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:

OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 6.2 %
Divided by: Fwd. P/BV 0.8 x
Less: Expense ratio 12 bp
Equals: ALTAR Score 7.7 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.60 CATEGORY
AVERAGE		 1.55
 
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.