SPDR Solactive Japan ETF
ALTAR
Score™
6.4% info Recommen-
dation
NEUTRAL
2021E    2022E
P/E
ratio
16.6x P/Sales
ratio
1.0x
P/BV
ratio
1.4x Div.
yield
2.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
SPDR MSCI Japan Quality Mix ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to provide investment results that before fees and expenses, correspond generally to the price and yield performance of the MSCI Japan Quality Mix A-Series Index.

FUND BASICS
Category International Equities
Fund Sponsor SSgA Funds Management Inc
Website www.spdrs.com
Inception date Jun 12, 2014
Assets (mns) $9
Currency USD
Expense ratio 14 bp
Distributions Semi-Annually

FUND STRUCTURE
Regulation Open-End Investment Company
Custodian Bank of New York Mellon
Weighting Tiered
Index replication Full
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 308
Wgt avg mkt cap (mns) $46,914
Large cap (>$10bn) 79.4%
Mid cap ($2-10bn) 20.4%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
TOYOTA MOTOR CORP 3.9 %
SONY CORP 2.9 %
SOFTBANK GROUP CORP. 2.8 %
KEYENCE CORP 2.0 %
SHIN-ETSU CHEMICAL CO LTD 1.5 %
NIDEC CORP 1.5 %
NIPPON TELEGRAPH AND TELEPHONE COR 1.4 %
MITSUBISHI UFJ FINANCIAL GRO 1.4 %
TAKEDA PHARMACEUTICAL CO LTD 1.3 %
RECRUIT HOLDINGS CO LTD 1.3 %
Total 20.0 %

TOP COUNTRY EXPOSURE
0.0 %











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.
3.5% 43.3% 10.0% -- 8.2%

Market Correlations
versus... Beta R-squared
S&P500 0.70 70%
MSCI EAFE 0.74 78%
MSCI Emg. Mkts. 0.52 48%

Technical Indicators
Recent close $91.37
30d moving avg. $91.19
Annualized volatility 15.3%
Short interest (ETF) 0.0%
Relative strength (RSI) 80

Liquidity measures
Avg. volume (thou.) 18
Turnover 18.0%
Bid/Ask (% of price) 0.09%
ADV underlying (mns) $21,204

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 282 potential alternatives to the SPDR Solactive Japan ETF ETF based on the alternatives' overlap in portfolio holdings with ZJPN. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: ZJPN Expense: 14 bp ALTAR Score™: 6.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH ZJPN
Ticker Fund
Name
Overlap1
vs ZJPN
(%)
Expense
ratio
(bp)
Savings
vs ZJPN
(bp)
ALTAR
Score™
(%)
ALTAR
vs ZJPN
(%)
BBJP JPMorgan BetaBuilders Japan ETF 89.4 19 -5 3.0 -3.4
EWJ iShares MSCI Japan ETF 89.2 51 -37 5.9 -0.5
DBJP Xtrackers MSCI Japan Hedged Equity ETF 88.4 46 -32 6.1 -0.3
FLJH Franklin FTSE Japan Hedged ETF 86.8 9 5 6.6 +0.2
FLJP Franklin FTSE Japan ETF 86.4 9 5 6.4 -0.0
JPXN iShares JPX-Nikkei 400 ETF 83.4 48 -34 6.1 -0.4
JPN Xtrackers Japan JPX-Nikkei 400 Equity ETF 82.8 9 5 6.5 +0.0
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 75.7 25 -11 6.2 -0.2
IPAC iShares Core MSCI Pacific ETF 56.4 9 5 6.1 -0.3
DXJ WisdomTree Japan Hedged Equity Fund 55.2 48 -34 7.4 +1.0
EWJV iShares MSCI Japan Value ETF 54.6 15 -1 8.3 +1.9
EWJE iShares MSCI Japan Equal Weighted ETF 54.2 15 -1 6.1 -0.4
DFAI Dimensional International Core Equity Market ETF 50.8 18 -4 6.0 -0.5
VPL Vanguard FTSE Pacific ETF 34.2 8 6 6.2 -0.2
IVLU iShares Edge MSCI Intl Value Factor ETF 33.6 30 -16 9.4 +3.0
IDMO Invesco S&P International Developed Momentum ETF 32.6 25 -11 3.3 -3.1
FJP First Trust Japan AlphaDEX Fund 31.4 80 -66 7.7 +1.3
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 30.6 35 -21 5.7 -0.7
DMXF iShares ESG Advanced MSCI EAFE ETF 29.1 12 2 5.6 -0.8
PQIN PGIM QMA Strategic Alpha International Equity ETF 27.8 29 -15 6.7 +0.2
RFAP First Trust Riverfront Dynamic Asia Pacific ETF 26.3 83 -69 5.3 -1.2
IMTM iShares Edge MSCI Intl Momentum Factor ETF 25.9 30 -16 3.7 -2.7
ISZE iShares Edge MSCI Intl Size Factor ETF 25.7 30 -16 5.8 -0.6
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 25.6 14 0 5.7 -0.8
JHMD John Hancock Multifactor Developed International ETF 24.5 39 -25 6.0 -0.4
GSID Goldman Sachs MarketBeta International Equity ETF 24.2 20 -6 5.9 -0.5
IQIN IQ 500 International ETF 24.0 25 -11 7.0 +0.5
RBIN Nationwide Risk-Based International Equity ETF 23.7 42 -28 5.5 -0.9
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 23.7 20 -6 5.9 -0.6
EFG iShares MSCI EAFE Growth ETF 23.6 40 -26 3.7 -2.7
EFA iShares MSCI EAFE ETF 23.4 32 -18 5.9 -0.6
IQSI IQ Candriam ESG International Equity ETF 23.4 15 -1 6.0 -0.4
ESGD iShares MSCI EAFE ESG Optimized ETF 23.4 20 -6 5.9 -0.6
HFXI IQ 50 Percent Hedged FTSE International ETF 23.3 20 -6 6.2 -0.3
EFV iShares MSCI EAFE Value ETF 23.3 39 -25 7.8 +1.4
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 23.2 36 -22 5.9 -0.6
QEFA SPDR MSCI EAFE Quality Mix ETF 23.0 30 -16 5.7 -0.7
BKIE BNY Mellon International Equity ETF 22.5 4 10 6.3 -0.2
RESD WisdomTree International ESG Fund 22.1 30 -16 5.9 -0.6
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 21.6 7 7 6.2 -0.3
FNDF Schwab Fundamental International Large Co. Index ETF 21.5 25 -11 7.4 +0.9
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 20.9 40 -26 6.9 +0.5
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 20.6 39 -25 5.6 -0.8
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 20.4 24 -10 6.5 +0.0
IEFA iShares Core MSCI EAFE ETF 20.3 7 7 6.1 -0.4
PDEV Principal International Multi-Factor Core Index ETF 20.0 25 -11 6.6 +0.1
SCHF Schwab International Equity ETF 19.7 6 8 6.2 -0.3
DWM WisdomTree International Equity Fund 19.6 48 -34 6.7 +0.3
UIVM VictoryShares USAA MSCI International Value Momentum ETF 19.6 35 -21 7.6 +1.1
IDHQ Invesco S&P International Developed Quality ETF 19.4 29 -15 4.9 -1.5
SPDW SPDR Portfolio Developed World ex-US ETF 19.3 4 10 5.8 -0.6
DOL WisdomTree International LargeCap Dividend Fund 19.2 48 -34 6.7 +0.3
IMFL Invesco International Developed Dynamic Multifactor ETF 19.1 34 -20 8.1 +1.7
GSIE Goldman Sachs ActiveBeta International Equity ETF 18.8 25 -11 5.8 -0.7
TPIF Timothy Plan International ETF 18.5 62 -48 5.6 -0.8
CIL VictoryShares International Volatility Weighted Index ETF 18.1 45 -31 5.9 -0.6
IDEV iShares Core MSCI International Developed Markets ETF 18.0 5 9 6.0 -0.4
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 17.9 45 -31 5.9 -0.5
ISDX Invesco RAFI Strategic Developed ex-US ETF 17.5 23 -9 6.0 -0.4
JPIN JPMorgan Diversified Return International Equity ETF 17.5 37 -23 6.9 +0.5
FIVA Fidelity International Value Factor ETF 17.4 39 -25 8.0 +1.6
IDLV Invesco S&P International Developed Low Volatility ETF 17.2 25 -11 5.7 -0.8
EFAV iShares Edge MSCI Min Vol EAFE ETF 16.9 20 -6 4.9 -1.6
NUDM Nuveen ESG International Developed Markets Equity ETF 16.9 40 -26 5.6 -0.9
DTH WisdomTree International High Dividend Fund 16.1 58 -44 8.1 +1.7
DIM WisdomTree International MidCap Dividend Fund 15.9 58 -44 6.6 +0.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 15.9 45 -31 6.9 +0.5
QINT American Century Quality Diversified International ETF 15.6 39 -25 6.2 -0.3
ACSG Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF 15.4 16 -2 5.8 -0.7
DWMF WisdomTree International Multifactor Fund 15.4 38 -24 6.0 -0.4
CWI SPDR MSCI ACWI ex-US ETF 15.2 30 -16 6.0 -0.5
ESGN Columbia Sustainable International Equity Income ETF 15.1 45 -31 8.5 +2.1
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Id 14.9 32 -18 5.5 -1.0
VWID Virtus WMC International Dividend ETF 14.9 49 -35 7.2 +0.7
ACWX iShares MSCI ACWI ex U.S. ETF 14.7 32 -18 6.1 -0.3
IDLB Invesco FTSE International Low Beta Equal Weight ETF 14.6 45 -31 5.7 -0.7
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 14.6 41 -27 6.0 -0.4
IQLT iShares Edge MSCI Intl Quality Factor ETF 14.4 30 -16 5.1 -1.4
EXI iShares Global Industrials ETF 14.1 46 -32 4.3 -2.2
DOO WisdomTree International Dividend ex-Financials Fund 13.9 58 -44 7.3 +0.9
FDEV Fidelity Targeted International Factor ETF 13.6 39 -25 5.5 -0.9
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 13.6 39 -25 6.6 +0.2
VEA Vanguard FTSE Developed Markets ETF 13.6 5 9 6.1 -0.3
AVDE Avantis International Equity ETF 13.3 23 -9 6.4 -0.1
FDT First Trust Developed Markets ex-US Alphadex Fund 13.0 80 -66 7.0 +0.6
IXUS ishares Core MSCI Total International Stock ETF 12.7 9 5 6.2 -0.3
KLDW Gavekal Knowledge Leaders Developed World ETF 12.4 75 -61 4.0 -2.4
RODM Hartford Multifactor Developed Markets (ex-US) ETF 12.3 29 -15 7.1 +0.6
VSGX Vanguard ESG International Stock ETF 12.2 17 -3 6.1 -0.4
VEU Vanguard FTSE All-World ex-US Index Fund 11.9 8 6 6.4 -0.0
RXI iShares Global Consumer Discretionary ETF 11.8 46 -32 3.5 -2.9
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 11.5 80 -66 5.5 -0.9
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 11.4 58 -44 5.8 -0.6
VIGI Vanguard International Dividend Appreciation ETF 11.2 20 -6 4.6 -1.8
FIDI Fidelity International High Dividend ETF 11.0 39 -25 8.1 +1.7
TTAI TrimTabs All Cap International Free-Cash-Flow ETF 10.6 61 -47 4.3 -2.1
IQDG WisdomTree International Quality Dividend Growth Fund 10.6 42 -28 6.0 -0.5
ICOW Pacer Developed Markets International Cash Cows 100 ETF 10.4 65 -51 9.6 +3.2
IQDY FlexShares International Quality Dividend Dynamic Index Fund 10.4 47 -33 8.7 +2.3
IGRO iShares International Dividend Growth ETF 10.4 15 -1 6.6 +0.1
RODE Hartford Multifactor Diversified International ETF 10.3 29 -15 9.4 +3.0
FICS First Trust International Developed Capital Strength ETF 10.0 70 -56 4.3 -2.2
HDEF Xtrackers MSCI EAFE High Dividend Yield Hedged Equity ETF 9.6 20 -6 8.1 +1.7
INTF iShares Edge MSCI Multifactor Intl ETF 9.5 30 -16 7.2 +0.7
EKAR Innovation Shares NextGen Vehicles & Technology ETF 9.5 95 -81 4.8 -1.7
VXUS Vanguard Total International Stock ETF 9.4 8 6 6.3 -0.1
RFDI First Trust Riverfront Dynamic Developed International ETF 9.3 83 -69 5.0 -1.4
ACWV iShares MSCI Global Min Vol Factor ETF 9.2 20 -6 5.3 -1.1
DGT SPDR Global Dow ETF 9.1 50 -36 6.1 -0.4
RNDM First Trust Developed International Equity Select ETF 9.1 65 -51 5.3 -1.2
QWLD SPDR MSCI World StrategicFactors ETF 9.0 30 -16 5.2 -1.2
IVAL Alpha Architect International Quantitative Value ETF 8.7 59 -45 7.7 +1.2
GCOW Pacer Global High Dividend ETF 8.7 60 -46 9.5 +3.1
CID VictoryShares Intl High Dividend Volatility Wtd Index ETF 8.5 45 -31 8.1 +1.7
IQDF FlexShares International Quality Dividend Index Fund 8.4 47 -33 7.9 +1.5
ESGG FlexShares STOXX Global ESG Impact Index Fund 8.3 42 -28 4.6 -1.8
VYMI Vanguard International High Dividend Yield ETF 8.1 27 -13 8.6 +2.2
JIG JPMorgan International Growth ETF 7.9 55 -41 2.5 -3.9
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 7.9 20 -6 9.1 +2.7
JSTC Adasina Social Justice All Cap Global ETF 7.9 89 -75 4.8 -1.6
IDOG ALPS International Sector Dividend Dogs ETF 7.3 50 -36 7.8 +1.4
URTH iShares MSCI World ETF 7.2 24 -10 4.8 -1.6
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 7.2 58 -44 4.9 -1.6
IXP iShares Global Comm Services ETF 7.2 46 -32 4.8 -1.7
WLDR Affinity World Leaders Equity ETF 7.1 47 -33 7.6 +1.1
DVYA iShares Asia/Pacific Dividend ETF 7.0 49 -35 10.7 +4.3
IQDE FlexShares International Quality Dividend Defensive Index ET 6.9 47 -33 10.3 +3.9
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 6.8 47 -33 5.1 -1.3
IDRV iShares Self-driving EV & Tech ETF 6.8 47 -33 5.1 -1.3
IPKW Invesco International BuyBack Achievers ETF 6.7 55 -41 6.3 -0.2
IDHD Invesco S&P Intl Developed High Dividend Low Volatility ETF 6.6 30 -16 7.4 +1.0
CARZ First Trust NASDAQ Global Auto Index Fund 6.4 70 -56 8.9 +2.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 6.3 20 -6 5.1 -1.3
ACWI iShares MSCI ACWI ETF 6.2 32 -18 4.9 -1.5
LOWC SPDR MSCI ACWI Low Carbon Target ETF 6.1 20 -6 5.1 -1.3
IXJ iShares Global Healthcare ETF 5.8 46 -32 6.0 -0.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 5.7 9 5 5.1 -1.3
SDG iShares Sustainable MSCI Global Impact ETF 5.6 49 -35 5.3 -1.2
ROBO Robo Global Robotics & Automation Index ETF 5.6 95 -81 2.2 -4.2
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 5.6 49 -35 4.4 -2.0
DSTX Distillate International Fundamental Stability & Value ETF 5.5 55 -41 6.0 -0.4
DRIV Global X Autonomous & Electric Vehicles ETF 5.5 68 -54 4.4 -2.1
BOTZ Global X Robotics & Artificial Intelligence ETF 5.5 68 -54 2.3 -4.1
FNDC Schwab Fundamental International Small Co. Index ETF 5.4 39 -25 5.0 -1.4
NXTG First Trust Indxx NextG ETF 5.3 70 -56 5.1 -1.3
XT iShares Exponential Technologies ETF 5.3 47 -33 4.4 -2.0
KXI iShares Global Consumer Staples ETF 5.1 46 -32 4.9 -1.6
DEW WisdomTree Global High Dividend Fund 5.0 58 -44 8.1 +1.7
SDGA Impact Shares Sustainable Development Goals Global ETF 5.0 75 -61 4.7 -1.7
VT Vanguard Total World Stock ETF 4.8 8 6 5.2 -1.2
DMDV AAM S&P Developed Markets High Dividend Value ETF 4.8 39 -25 8.7 +2.2
FID First Trust S&P International Dividend Aristocrats ETF 4.8 60 -46 8.4 +2.0
PIZ Invesco DWA Developed Markets Momentum ETF 4.5 80 -66 3.2 -3.3
LVHI Legg Mason International Low Volatility High Dividend ETF 4.5 40 -26 8.2 +1.8
MXI iShares Global Materials ETF 4.5 45 -31 5.0 -1.5
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 4.5 65 -51 1.4 -5.0
IXG iShares Global Financials ETF 4.2 46 -32 7.9 +1.5
AIIQ AI Powered International Equity ETF 4.0 79 -65 4.0 -2.5
WDIV SPDR Global Dividend ETF 4.0 40 -26 8.6 +2.1
IXN iShares Global Tech ETF 3.9 46 -32 3.7 -2.8
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 3.9 47 -33 1.3 -5.2
MOTI VanEck Vectors Morningstar International Moat ETF 3.7 58 -44 7.6 +1.2
EFAD ProShares MSCI EAFE Dividend Growers ETF 3.6 51 -37 4.8 -1.7
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 3.5 68 -54 4.3 -2.1
ACWF iShares MSCI Global Multifactor ETF 3.4 35 -21 6.6 +0.2
IOO iShares Global 100 ETF 3.3 40 -26 4.6 -1.9
VNQI Vanguard Global ex-U.S. Real Estate ETF 3.3 12 2 8.5 +2.1
WPS iShares International Developed Property ETF 3.3 48 -34 6.2 -0.2
FYLD Cambria Foreign Shareholder Yield ETF 3.2 59 -45 6.7 +0.2
INFR Legg Mason Global Infrastructure ETF 3.1 40 -26 4.9 -1.5
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 3.1 50 -36 3.3 -3.1
HAUZ Xtrackers International Real Estate ETF 2.9 10 4 7.4 +0.9
BNE Blue Horizon BNE ETF 2.7 87 -73 2.7 -3.7
MOTO SmartETFs Smart Transportation & Technology ETF 2.6 68 -54 5.2 -1.3
DTEC ALPS Disruptive Technologies ETF 2.6 50 -36 2.7 -3.8
IMOM Alpha Architect International Quantitative Momentum ETF 2.6 59 -45 3.0 -3.4
IFGL iShares International Developed Real Estate ETF 2.5 48 -34 6.1 -0.3
FFR First Trust FTSE EPRA/NAREIT Developed Markets Real Estate 2.5 60 -46 5.4 -1.0
QTUM Defiance Quantum ETF 2.4 40 -26 4.4 -2.0
DRW WisdomTree Global ex-US Real Estate Fund 2.4 58 -44 8.9 +2.4
HAP VanEck Vectors Natural Resources ETF 2.4 50 -36 5.0 -1.5
ESPO VanEck Vectors Video Gaming & eSports ETF 2.3 55 -41 3.0 -3.4
GAMR ETFMG Video Game Tech ETF 2.2 75 -61 2.8 -3.6
FGD First Trust Dow Jones Global Select Dividend Index Fund 2.1 59 -45 10.5 +4.1
LOUP Innovator Loup Frontier Tech ETF 2.1 70 -56 1.8 -4.6
SCJ iShares MSCI Japan Small-Cap ETF 2.0 51 -37 5.7 -0.7
LEGR First Trust Indxx Innovative Transaction & Process ETF 2.0 65 -51 8.0 +1.6
SCZ iShares MSCI Eafe Small-Cap ETF 2.0 40 -26 5.2 -1.2
DWX SPDR S&P International Dividend ETF 2.0 45 -31 6.9 +0.5
HERO Global X Video Games & Esports ETF 1.9 50 -36 3.9 -2.5
HERU-GB Global X Video Games & Esports UCITS ETF 1.9 50 -36 3.4 -3.0
AVDV Avantis International Small Cap Value ETF 1.9 36 -22 6.3 -0.2
URA Global X Uranium ETF 1.9 69 -55 1.2 -5.2
IDV iShares International Select Dividend ETF 1.8 49 -35 9.2 +2.8
NERD Roundhill BITKRAFT Esports & Digital Entertainment ETF 1.8 25 -11 2.7 -3.8
IQM Franklin Intelligent Machines ETF 1.7 50 -36 1.7 -4.8
RWX SPDR Dow Jones International Real Estate ETF 1.7 59 -45 5.4 -1.1
RWO SPDR Dow Jones Global Real Estate ETF 1.7 50 -36 5.3 -1.1
FDNI First Trust Dow Jones International Internet ETF 1.6 65 -51 1.8 -4.6
BMED BlackRock Future Health ETF 1.6 85 -71 -0.7 -7.2
IWFH iShares Virtual Work and Life Multisector ETF 1.6 47 -33 0.5 -5.9
BLOK Amplify Transformational Data Sharing ETF 1.5 70 -56 1.3 -5.2
GENY Principal Millennials Index ETF 1.5 45 -31 3.0 -3.4
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 1.4 58 -44 8.2 +1.8
DFJ WisdomTree Japan SmallCap Dividend Fund 1.4 58 -44 8.0 +1.6
BATT Amplify Advanced Battery Metals & Materials ETF 1.3 59 -45 2.7 -3.7
IDNA iShares Genomics Immunology & Healthcare ETF 1.3 47 -33 -2.8 -9.2
GRES IQ Global Resources ETF 1.3 78 -64 5.6 -0.8
AIQ Global X Future Analytics Tech ETF 1.3 68 -54 3.2 -3.2
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde 1.3 70 -56 3.4 -3.1
JOYY Infusive Compounding Global Equities ETF 1.3 50 -36 3.5 -2.9
DINT Davis Select International ETF 1.3 65 -51 5.3 -1.1
FTAG First Trust Indxx Global Agriculture ETF 1.3 70 -56 4.7 -1.7
ANEW ProShares MSCI Transformational Changes ETF 1.2 45 -31 2.6 -3.9
AGNG Global X Aging Population ETF 1.2 50 -36 3.2 -3.2
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.2 46 -32 5.5 -1.0
EFAS Global X MSCI SuperDividend EAFE ETF 1.1 56 -42 7.5 +1.1
FPXI First Trust International Equity Opportunities ETF 1.0 70 -56 2.3 -4.2
REET iShares Global REIT ETF 1.0 14 0 5.6 -0.8
PICK iShares MSCI Global Metals & Mining Producers ETF 0.9 39 -25 6.7 +0.3
BUYZ Franklin Disruptive Commerce ETF 0.9 50 -36 -0.1 -6.6
JXI iShares Global Utilities ETF 0.8 46 -32 5.3 -1.1
PZD Invesco Cleantech ETF 0.8 65 -51 3.6 -2.9
VEGI iShares MSCI Global Agriculture Producers ETF 0.8 39 -25 4.2 -2.3
MOO VanEck Vectors Agribusiness ETF 0.8 56 -42 4.0 -2.4
GNR SPDR S&P Global Natural Resources ETF 0.8 40 -26 5.7 -0.7
HART IQ Healthy Hearts ETF 0.7 45 -31 4.7 -1.8
ARKX ARK Space Exploration & Innovation ETF 0.7 75 -61 3.0 -3.5
EDOC-GB Global X Telemedicine & Digital Health UCITS ETF 0.7 68 -54 0.9 -5.5
EDOC Global X Telemedicine & Digital Health ETF 0.7 68 -54 0.8 -5.6
FLM First Trust Global Engineering and Construction ETF 0.7 70 -56 7.4 +1.0
FILL iShares MSCI Global Energy Producers ETF 0.7 39 -25 5.7 -0.7
LIT Global X Lithium & Battery Tech ETF 0.7 75 -61 2.3 -4.1
BFIT Global X Health & Wellness ETF 0.7 50 -36 3.9 -2.6
GQRE FlexShares Global Quality Real Estate Index Fund 0.7 45 -31 5.7 -0.7
OGIG O'Shares Global Internet Giants ETF 0.6 48 -34 1.0 -5.4
HTEC ROBO Global Healthcare Technology & Innovation ETF 0.6 68 -54 1.1 -5.4
HJEN Direxion Hydrogen ETF 0.6 45 -31 -0.2 -6.6
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.5 80 -66 8.3 +1.9
IXC iShares Global Energy ETF 0.5 46 -32 5.3 -1.1
CRAK VanEck Vectors Oil Refiners ETF 0.5 60 -46 7.1 +0.7
GDVD Principal Active Global Dividend Income ETF 0.5 58 -44 0.0 -6.4
SOCL Global X Social Media ETF 0.5 65 -51 1.9 -4.6
MRAD SmartETFs Advertising & Marketing Technology ETF 0.5 68 -54 1.2 -5.3
NLR VanEck Vectors Uranium+Nuclear Energy ETF 0.4 61 -47 7.0 +0.6
XBUY Amplify International Online Retail ETF 0.4 69 -55 1.1 -5.3
FDVV Fidelity Core Dividend ETF 0.4 29 -15 6.1 -0.3
MJ ETFMG Alternative Harvest ETF 0.4 75 -61 -2.5 -9.0
FDRR Fidelity Dividend ETF for Rising Rates 0.4 29 -15 6.2 -0.3
KEMQ Kraneshares Emerging Markets Consumer Technology Index ETF 0.4 60 -46 1.6 -4.9
KOIN Innovation Shares NextGen Protocol ETF 0.4 95 -81 3.6 -2.8
JETS US Global Jets ETF 0.3 60 -46 -2.1 -8.5
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.3 85 -71 3.4 -3.0
ARKF ARK Fintech Innovation ETF 0.3 75 -61 0.5 -5.9
IBUY Amplify Online Retail ETF 0.3 65 -51 -0.3 -6.8
VIDI Vident International Equity Fund 0.3 59 -45 8.8 +2.4
DDLS WisdomTree Dynamic Currency Hedged International SmallCap Eq 0.3 48 -34 8.1 +1.7
DLS WisdomTree International SmallCap Dividend Fund 0.3 58 -44 8.0 +1.5
GOAT VanEck Vectors Morningstar Global Wide Moat ETF 0.3 52 -38 4.7 -1.7
FAN First Trust Global Wind Energy ETF 0.3 62 -48 3.7 -2.7
EBIZ Global X E-Commerce ETF 0.2 50 -36 3.1 -3.3
GIGE SoFi Gig Economy ETF 0.2 59 -45 -0.4 -6.9
SNSR Global X Internet of Things Thematic ETF 0.2 68 -54 3.7 -2.7
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.2 47 -33 4.6 -1.8
GWX SPDR S&P International Small Cap ETF 0.2 40 -26 5.0 -1.4
PIO Invesco Global Water ETF 0.2 75 -61 3.5 -3.0
FTRI First Trust Indxx Global Natural Resources Income ETF 0.2 70 -56 9.0 +2.6
IHAK iShares Cybersecurity & Tech ETF 0.2 47 -33 3.2 -3.2
HACK ETFMG Prime Cyber Security ETF 0.2 60 -46 3.1 -3.3
CIBR First Trust NASDAQ CEA Cybersecurity ETF 0.2 60 -46 3.0 -3.4
XDAT Franklin Exponential Data ETF 0.2 50 -36 1.6 -4.8
BUG Global X Cybersecurity ETF 0.2 50 -36 1.3 -5.1
WCBR WisdomTree Cybersecurity Fund 0.2 45 -31 1.0 -5.4
WOOD iShares Global Timber & Forestry ETF 0.2 46 -32 7.0 +0.5
CUT Invesco MSCI Global Timber ETF 0.2 61 -47 6.6 +0.2
SUBZ Roundhill Streaming Services & Technology ETF 0.1 75 -61 -1.3 -7.7
IVES Wedbush ETFMG Global Cloud Technology ETF 0.1 68 -54 2.0 -4.4
BTEK BlackRock Future Tech ETF 0.1 88 -74 -0.2 -6.7
PRNT The 3D Printing ETF 0.1 66 -52 1.3 -5.1
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.1 70 -56 3.4 -3.1
TPAY Tortoise Digital Payments Infrastructure Fund 0.0 40 -26 4.1 -2.3
EDUT Global X Education ETF 0.0 50 -36 2.0 -4.4

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2016 2017 2018 2019 2020 2021E 2022E
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
  2020 2021E 2022E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
SPDR Solactive Japan ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 9.0 %
Divided by: Fwd. P/BV 1.4 x
Less: Expense ratio 14 bp
Equals: ALTAR Score 6.4 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.51 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.