Global X FTSE Southeast Asia ETF
ALTAR
Score™		 5.5% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 13.9x P/Sales
ratio		 2.7x
P/BV
ratio		 1.8x Div.
yield		 3.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Global X FTSE Southeast Asia ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the FTSE Southeast Asia Index.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Global X Management Co LLC
Website www.globalxfunds.com
Inception date Feb 16, 2011
Assets (mns) $95
Currency USD
Expense ratio 65 bp
Distributions Annually

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 40
Wgt avg mkt cap (mns) $46,185
Large cap (>$10bn) 95.4%
Mid cap ($2-10bn) 4.6%
Small cap (<$2bn) 0.0%
Developed mkts 40.8%
Emerging mkts 59.2%

TOP TEN HOLDINGS
DBS GROUP HOLDINGS LTD 16.1 %
OVERSEA-CHINESE BANKING CORP 9.7 %
UNITED OVERSEAS BANK LTD 6.4 %
SINGAPORE TELECOMMUNICATIONS LIMIT 5.2 %
DELTA ELECTRONICS THAI-NVDR 4.2 %
MALAYAN BANKING BHD 4.0 %
BANK CENTRAL ASIA PT 3.7 %
PUBLIC BANK BHD-FOREIGN MKT 3.3 %
CIMB GROUP HOLDINGS BHD 3.1 %
TENAGA NASIONAL BHD 3.0 %
Total 58.8 %

TOP COUNTRY EXPOSURE
SINGAPORE 49.0 %
THAILAND 19.8 %
MALAYSIA 15.9 %
INDONESIA 11.1 %
PHILIPPINES 3.6 %






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.
11.2% 34.7% 10.7% 8.3% 5.0%

Market Correlations
versus... Beta R-squared
S&P500 0.57 42%
MSCI EAFE 0.77 56%
MSCI Emg. Mkts. 0.68 53%

Technical Indicators
Recent close $19.37
30d moving avg. $19.54
Annualized volatility 12.7%
Short interest (ETF) 0.5%
Relative strength (RSI) 51

Liquidity measures
Avg. volume (thou.) 44
Turnover 0.9%
Bid/Ask (% of price) 0.97%
ADV underlying (mns) $849

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 270 potential alternatives to the Global X FTSE Southeast Asia ETF ETF based on the alternatives' overlap in portfolio holdings with ASEA. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: ASEA Expense: 65 bp ALTAR Score™: 5.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH ASEA
Ticker Fund
Name		 Overlap1
vs ASEA
(%)		 Expense
ratio
(bp)		 Savings
vs ASEA
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs ASEA
(%)
EWM iShares MSCI Malaysia ETF 16.6 50 15 6.3 +0.8
THD iShares MSCI Thailand ETF 15.6 58 7 0.0 -5.5
JIVE JPMorgan International Value ETF 15.4 55 10 8.7 +3.2
DVYA iShares Asia/Pacific Dividend ETF 14.0 49 16 7.1 +1.5
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 12.5 19 46 5.4 -0.1
OBOR KraneShares MSCI One Belt One Road Index ETF 12.4 79 -14 7.1 +1.6
EPP iShares MSCI Pacific ex-Japan ETF 12.0 47 18 5.0 -0.5
IDX VanEck Indonesia Index ETF 10.4 57 8 7.9 +2.4
EIDO iShares MSCI Indonesia ETF 10.4 59 6 8.5 +3.0
EDIV SPDR S&P Emerging Markets Dividend ETF 10.2 49 16 9.2 +3.7
ADIV SmartETFs Asia Pacific Dividend Builder ETF 10.1 78 -13 10.3 +4.8
SDEM Global X MSCI SuperDividend Emerging Markets ETF 7.3 67 -2 12.4 +6.9
GVAL Cambria Global Value ETF 6.9 68 -3 9.2 +3.7
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 6.3 80 -15 5.4 -0.1
VIDI Vident International Equity Strategy ETF 6.2 61 4 8.7 +3.2
FRDM Freedom 100 Emerging Markets ETF 6.1 49 16 6.4 +0.8
ROAM Hartford Multifactor Emerging Markets ETF 6.0 44 21 8.4 +2.8
EELV Invesco S&P Emerging Markets Low Volatility ETF 5.9 29 36 8.7 +3.2
DVYE iShares Emerging Markets Dividend ETF 5.5 49 16 17.3 +11.8
OAIM OneAscent International Equity ETF 5.5 95 -30 4.9 -0.7
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 5.5 9 56 7.6 +2.1
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 5.4 25 40 6.8 +1.2
IPKW Invesco International BuyBack Achievers ETF 5.3 55 10 8.2 +2.7
AAXJ iShares MSCI All Country Asia ex Japan ETF 5.2 70 -5 7.9 +2.4
FLAX Franklin FTSE Asia Ex Japan ETF 5.1 19 46 8.1 +2.5
INEQ Columbia International Equity Income ETF 5.1 45 20 7.7 +2.2
XC WisdomTree Emerging Markets Ex-China Fund 4.9 32 33 6.4 +0.8
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 4.8 24 41 6.2 +0.6
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 4.8 95 -30 11.0 +5.5
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 4.7 32 33 5.5 -0.1
EMMF WisdomTree Emerging Markets Multifactor Fund 4.5 48 17 9.4 +3.9
FDFF Fidelity Disruptive Finance ETF 4.5 50 15 5.6 +0.1
AIA iShares Asia 50 ETF 4.5 50 15 9.5 +4.0
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 4.5 40 25 6.9 +1.4
DEM WisdomTree Emerging Markets High Dividend Fund 4.4 63 2 11.1 +5.6
EFAV iShares MSCI EAFE Min Vol Factor ETF 4.3 22 43 5.5 -0.0
EDOG ALPS Emerging Sector Dividend Dogs ETF 4.2 60 5 10.0 +4.5
IDLV Invesco S&P International Developed Low Volatility ETF 4.0 25 40 6.3 +0.8
AIVI WisdomTree International AI Enhanced Value Fund 3.8 58 7 6.4 +0.9
JHID John Hancock International High Dividend ETF 3.8 46 19 8.1 +2.5
EPHE iShares MSCI Philippines ETF 3.8 59 6 0.0 -5.5
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 3.7 32 33 5.3 -0.2
LVHI Franklin International Low Volatility High Dividend Index ET 3.7 40 25 7.4 +1.9
XCEM Columbia EM Core ex-China ETF 3.7 16 49 5.7 +0.2
EMXF iShares ESG Advanced MSCI EM ETF 3.7 16 49 7.6 +2.1
DWX SPDR S&P International Dividend ETF 3.7 45 20 6.8 +1.2
IQDF FlexShares International Quality Dividend Index Fund 3.5 47 18 8.0 +2.4
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 3.5 44 21 9.6 +4.0
SCHY Schwab International Dividend Equity ETF 3.5 14 51 8.3 +2.8
ECON Columbia Emerging Markets Consumer ETF 3.4 49 16 7.7 +2.2
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 3.4 39 26 14.2 +8.7
JADE JPMorgan Active Developing Markets Equity ETF 3.2 65 0 6.7 +1.2
IQDY FlexShares International Quality Dividend Dynamic Index Fund 3.1 47 18 7.8 +2.3
WWJD Inspire International ETF 3.1 80 -15 6.5 +0.9
IPAC iShares Core MSCI Pacific ETF 3.0 9 56 5.7 +0.2
JHEM John Hancock Multifactor Emerging Markets ETF 3.0 49 16 8.3 +2.8
DWMF WisdomTree International Multifactor Fund 3.0 38 27 6.6 +1.1
RNEM First Trust Emerging Markets Equity Select ETF 3.0 75 -10 8.0 +2.4
ESGE iShares ESG Aware MSCI EM ETF 3.0 25 40 9.2 +3.7
XCNY SPDR S&P Emerging Markets ex-China ETF 3.0 15 50 6.2 +0.7
EMXC iShares MSCI Emerging Markets ex China ETF 2.9 25 40 5.9 +0.4
EEMA iShares MSCI Emerging Markets Asia ETF 2.8 49 16 8.7 +3.1
VWID Virtus WMC International Dividend ETF 2.8 49 16 7.4 +1.9
PXH Invesco FTSE RAFI Emerging Markets ETF 2.8 49 16 14.0 +8.5
FDEM Fidelity Emerging Markets Multifactor ETF 2.8 25 40 11.3 +5.7
ECOW Pacer Emerging Markets Cash Cows 100 ETF 2.7 70 -5 9.4 +3.9
TPIF Timothy Plan International ETF 2.7 62 3 5.6 +0.1
FTHF First Trust Emerging Markets Human Flourishing ETF 2.6 75 -10 6.9 +1.4
SCHE Schwab Emerging Markets Equity ETF 2.6 11 54 10.0 +4.5
RODM Hartford Multifactor Developed Markets (ex-US) ETF 2.6 29 36 7.1 +1.6
DFNL Davis Select Financial ETF 2.6 63 2 7.7 +2.2
AVXC Avantis Emerging Markets Ex-China Equity ETF 2.5 33 32 7.0 +1.5
VEXC Vanguard Emerging Markets Ex-China ETF 2.5 7 58 6.3 +0.7
JPIN J.P. Morgan Diversified Return International Equity ETF 2.5 37 28 7.2 +1.6
VPL Vanguard FTSE Pacific ETF 2.4 7 58 5.8 +0.2
LDEM iShares ESG MSCI EM Leaders ETF 2.4 17 48 12.8 +7.2
VYMI Vanguard International High Dividend Yield ETF 2.3 17 48 8.2 +2.7
FICS First Trust International Developed Capital Strength ETF 2.3 70 -5 6.8 +1.3
TMFG Motley Fool Global Opportunities ETF 2.3 85 -20 4.0 -1.6
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 2.3 30 35 8.4 +2.8
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 2.3 15 50 8.9 +3.3
DINT Davis Select International ETF 2.3 55 10 6.4 +0.8
AVES Avantis Emerging Markets Value ETF 2.2 36 29 9.5 +4.0
IQLT iShares MSCI Intl Quality Factor ETF 2.2 30 35 5.6 +0.1
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 2.2 66 -1 8.0 +2.5
BKEM BNY Mellon Emerging Markets Equity ETF 2.2 11 54 8.8 +3.2
IFGL iShares International Developed Real Estate ETF 2.2 48 17 7.3 +1.7
GMF SPDR S&P Emerging Asia Pacific ETF 2.2 49 16 9.5 +3.9
DMXF iShares ESG Advanced MSCI EAFE ETF 2.2 12 53 5.2 -0.3
EEM iShares MSCI Emerging Markets ETF 2.2 69 -4 8.8 +3.2
JIG JPMorgan International Growth ETF 2.2 55 10 3.9 -1.7
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 2.1 33 32 7.5 +2.0
STXE Strive Emerging Markets Ex-China ETF 2.1 32 33 6.2 +0.7
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 2.1 80 -15 8.0 +2.5
FIDI Fidelity International High Dividend ETF 2.1 18 47 7.2 +1.6
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 2.0 15 50 9.8 +4.3
RWX SPDR Dow Jones International Real Estate ETF 2.0 59 6 7.2 +1.7
QEFA SPDR MSCI EAFE StrategicFactors ETF 2.0 30 35 6.2 +0.6
OSEA Harbor International Compounders ETF 2.0 55 10 4.3 -1.3
ACWV iShares MSCI Global Min Vol Factor ETF 2.0 20 45 5.7 +0.2
IMTM iShares MSCI Intl Momentum Factor ETF 2.0 30 35 4.9 -0.6
IDMO Invesco S&P International Developed Momentum ETF 2.0 25 40 5.4 -0.1
DIVI Franklin International Core Dividend Tilt Index ETF 1.9 9 56 6.8 +1.3
DTH WisdomTree International High Dividend Fund 1.9 58 7 7.4 +1.8
EMM Global X Emerging Markets ex-China ETF 1.9 75 -10 5.6 +0.0
ERTH Invesco MSCI Sustainable Future ETF 1.9 62 3 3.1 -2.4
IEMG iShares Core MSCI Emerging Markets ETF 1.9 9 56 9.0 +3.5
FENI Fidelity Enhanced International ETF 1.8 28 37 6.0 +0.5
CGDG Capital Group Dividend Growers ETF 1.8 47 18 5.3 -0.3
DOL WisdomTree International LargeCap Dividend Fund 1.8 48 17 6.0 +0.4
CIL VictoryShares International Volatility Wtd ETF 1.8 45 20 5.8 +0.2
FDEV Fidelity International Multifactor ETF 1.8 18 47 7.1 +1.6
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 1.8 30 35 9.0 +3.4
JSTC Adasina Social Justice All Cap Global ETF 1.8 89 -24 4.8 -0.7
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.8 32 33 8.3 +2.8
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 1.7 47 18 5.0 -0.5
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.7 10 55 8.4 +2.9
EFV iShares MSCI EAFE Value ETF 1.7 34 31 7.7 +2.2
DFAE Dimensional Emerging Core Equity Market ETF 1.7 35 30 7.7 +2.2
EVLU iShares MSCI Emerging Markets Value Factor ETF 1.6 35 30 12.0 +6.5
IQSI IQ Candriam International Equity ETF 1.6 15 50 5.8 +0.3
NUEM Nuveen ESG Emerging Markets Equity ETF 1.6 36 29 6.6 +1.1
UIVM VictoryShares International Value Momentum ETF 1.6 35 30 8.4 +2.9
FEM First Trust Emerging Markets AlphaDEX Fund 1.6 80 -15 9.2 +3.6
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 1.6 36 29 8.5 +2.9
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 1.6 59 6 9.3 +3.8
AVSE Avantis Responsible Emerging Markets Equity ETF 1.6 33 32 7.5 +2.0
FEOE First Eagle Overseas Equity ETF 1.6 79 -14 6.3 +0.8
AVEM Avantis Emerging Markets Equity ETF 1.6 33 32 7.8 +2.3
RGEF Rockefeller Global Equity ETF 1.6 55 10 4.2 -1.4
CEFA Global X S&P Catholic Values Developed ex-US ETF 1.6 35 30 5.9 +0.4
VWO Vanguard FTSE Emerging Markets ETF 1.6 7 58 9.7 +4.2
BLES Inspire Global Hope ETF 1.5 61 4 6.1 +0.5
JHMD John Hancock Multifactor Developed International ETF 1.5 39 26 6.3 +0.8
DWM WisdomTree International Equity Fund 1.5 48 17 5.8 +0.2
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 1.5 40 25 5.8 +0.2
SPEM SPDR Portfolio Emerging Markets ETF 1.5 7 58 10.0 +4.5
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.5 41 24 6.4 +0.8
DEXC Dimensional Emerging Markets ex China Core EquityETF 1.5 53 12 5.9 +0.4
ACWX iShares MSCI ACWI ex U.S. ETF 1.5 34 31 6.7 +1.2
GQRE FlexShares Global Quality Real Estate Index Fund 1.5 45 20 7.6 +2.1
ICPY Tweedy, Browne International Insider Value ETF 1.4 80 -15 22.4 +16.9
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 1.4 20 45 5.8 +0.3
BLOK Amplify Transformational Data Sharing ETF 1.4 75 -10 -0.0 -5.6
IXG iShares Global Financials ETF 1.4 42 23 6.6 +1.0
PPIE Putnam PanAgora ESG International Equity ETF 1.4 49 16 6.7 +1.1
MEM Matthews Emerging Markets Equity Active ETF 1.4 79 -14 9.6 +4.0
CWI SPDR MSCI ACWI ex-US ETF 1.4 30 35 6.8 +1.3
GSIE Goldman Sachs ActiveBeta International Equity ETF 1.4 25 40 6.3 +0.8
AIRL Themes Airlines ETF 1.4 35 30 1.6 -4.0
IDOG ALPS International Sector Dividend Dogs ETF 1.4 50 15 9.3 +3.7
ESGD iShares ESG Aware MSCI EAFE ETF 1.4 20 45 6.0 +0.4
VSGX Vanguard ESG International Stock ETF 1.3 10 55 7.1 +1.6
EFA iShares MSCI EAFE ETF 1.3 35 30 5.9 +0.4
CGIE Capital Group International Equity ETF 1.3 54 11 4.8 -0.8
STXI Strive International Developed Markets ETF 1.3 29 36 6.2 +0.6
DEHP Dimensional Emerging Markets High Profitability ETF 1.3 41 24 5.5 -0.0
IXUS iShares Core MSCI Total International Stock ETF 1.3 7 58 6.9 +1.4
FIVA Fidelity International Value Factor ETF 1.3 18 47 7.7 +2.2
AVIV Avantis International Large Cap Value ETF 1.2 25 40 7.1 +1.5
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 1.2 36 29 5.5 +0.0
DEW WisdomTree Global High Dividend Fund 1.2 58 7 7.4 +1.8
BITQ Bitwise Crypto Industry Innovators ETF 1.2 85 -20 -2.5 -8.0
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 1.2 39 26 6.3 +0.8
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.2 24 41 7.0 +1.5
SHPP Pacer Industrials and Logistics ETF 1.2 60 5 7.3 +1.8
CGXU Capital Group International Focus Equity ETF 1.2 54 11 4.3 -1.3
HFXI IQ FTSE International Equity Currency Neutral ETF 1.2 20 45 6.0 +0.4
JIRE JPMorgan International Research Enhanced Equity ETF 1.2 24 41 6.0 +0.5
VEU Vanguard FTSE All-World ex-US Index Fund 1.2 4 61 7.1 +1.6
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.2 18 47 6.7 +1.2
VGSR Vert Global Sustainable Real Estate ETF 1.2 47 18 7.4 +1.9
GSID Goldman Sachs MarketBeta International Equity ETF 1.2 20 45 6.1 +0.5
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 1.1 50 15 9.1 +3.5
IQDG WisdomTree International Quality Dividend Growth Fund 1.1 42 23 5.9 +0.4
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.1 38 27 7.7 +2.2
IEFA iShares Core MSCI EAFE ETF 1.1 7 58 6.3 +0.7
VXUS Vanguard Total International Stock ETF 1.1 5 60 7.0 +1.5
JGLO JPMorgan Global Select Equity ETF 1.1 33 32 4.5 -1.0
EMIF iShares Emerging Markets Infrastructure ETF 1.1 60 5 2.6 -2.9
KOCG FIS Knights of Columbus Global Belief ETF 1.1 75 -10 4.4 -1.2
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 1.1 58 7 5.5 -0.0
EMGF iShares Emerging Markets Equity Factor ETF 1.0 25 40 10.0 +4.4
COPY Tweedy, Browne Insider + Value ETF 1.0 80 -15 15.6 +10.1
BKIE BNY Mellon International Equity ETF 1.0 4 61 6.2 +0.7
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 1.0 90 -25 4.4 -1.1
EYLD Cambria Emerging Shareholder Yield ETF 1.0 66 -1 9.9 +4.3
AVSD Avantis Responsible International Equity ETF 1.0 23 42 6.2 +0.7
IVLU iShares MSCI Intl Value Factor ETF 1.0 30 35 8.3 +2.8
INTF iShares International Equity Factor ETF 1.0 15 50 6.6 +1.1
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.0 12 53 8.5 +3.0
BINV Brandes International ETF 1.0 70 -5 8.7 +3.2
FTAG First Trust Indxx Global Agriculture ETF 1.0 70 -5 6.9 +1.4
MOO VanEck Agribusiness ETF 1.0 53 12 8.4 +2.9
VEGI iShares MSCI Agriculture Producers ETF 1.0 39 26 7.3 +1.7
GNR SPDR S&P Global Natural Resources ETF 1.0 40 25 8.0 +2.5
AVDE Avantis International Equity ETF 1.0 23 42 6.4 +0.8
NXTG First Trust Indxx NextG ETF 1.0 70 -5 4.7 -0.8
SCHF Schwab International Equity ETF 1.0 6 59 6.3 +0.8
RCGE RockCreek Global Equality ETF 1.0 95 -30 6.3 +0.8
DIHP Dimensional International High Profitability ETF 1.0 29 36 5.9 +0.3
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 1.0 45 20 9.0 +3.5
IDEV iShares Core MSCI International Developed Markets ETF 0.9 4 61 6.2 +0.7
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.9 25 40 5.9 +0.3
SPDW SPDR Portfolio Developed World ex-US ETF 0.9 3 62 6.2 +0.6
IGRO iShares International Dividend Growth ETF 0.9 15 50 6.9 +1.3
VEA Vanguard FTSE Developed Markets ETF 0.9 3 62 6.3 +0.7
DIM WisdomTree International MidCap Dividend Fund 0.9 58 7 6.4 +0.8
DFAI Dimensional International Core Equity Market ETF 0.9 18 47 6.2 +0.7
DFIV Dimensional International Value ETF 0.8 27 38 7.9 +2.4
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.8 85 -20 2.7 -2.9
DSTX Distillate International Fundamental Stability & Value ETF 0.8 55 10 6.7 +1.2
QINT American Century Quality Diversified International ETF 0.8 39 26 6.8 +1.3
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.8 12 53 5.5 -0.0
IMFL Invesco International Developed Dynamic Multifactor ETF 0.8 34 31 5.4 -0.2
RFDI First Trust Riverfront Dynamic Developed International ETF 0.8 83 -18 7.9 +2.4
ERET iShares Environmentally Aware Real Estate ETF 0.8 30 35 7.1 +1.5
NUDM Nuveen ESG International Developed Markets Equity ETF 0.8 31 34 5.8 +0.3
HAP VanEck Natural Resources ETF 0.8 50 15 6.5 +1.0
EFG iShares MSCI EAFE Growth ETF 0.8 36 29 4.0 -1.6
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.8 65 0 8.0 +2.4
AVRE Avantis Real Estate ETF 0.8 17 48 7.1 +1.5
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.7 80 -15 7.1 +1.6
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.7 80 -15 3.7 -1.8
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 0.7 88 -23 8.8 +3.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.7 45 20 7.1 +1.6
DFEV Dimensional Emerging Markets Value ETF 0.7 43 22 10.6 +5.1
RWO SPDR Dow Jones Global Real Estate ETF 0.7 50 15 6.6 +1.1
UEVM VictoryShares Emerging Markets Value Momentum ETF 0.7 45 20 9.8 +4.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.6 39 26 7.2 +1.7
FRGN Horizon International Equity ETF 0.6 75 -10 8.6 +3.1
REET iShares Global REIT ETF 0.6 14 51 7.3 +1.8
FNDF Schwab Fundamental International Large Co. Index ETF 0.6 25 40 7.8 +2.3
GLOF iShares Global Equity Factor ETF 0.6 20 45 6.0 +0.5
IXP iShares Global Comm Services ETF 0.6 42 23 5.8 +0.2
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.6 30 35 6.7 +1.2
TTAI FCF International Quality ETF 0.6 59 6 6.6 +1.1
QWLD SPDR MSCI World StrategicFactors ETF 0.6 30 35 5.3 -0.2
DFIC Dimensional International Core Equity 2 ETF 0.6 23 42 6.4 +0.9
DFSI Dimensional International Sustainability Core 1 ETF 0.6 24 41 5.8 +0.3
DFGR Dimensional Global Real Estate ETF 0.6 22 43 7.4 +1.8
KLMT Invesco MSCI Global Climate 500 ETF 0.6 10 55 5.4 -0.2
ACWI iShares MSCI ACWI ETF 0.6 32 33 5.1 -0.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.5 20 45 5.1 -0.4
JETS U.S. Global Jets ETF 0.5 60 5 2.8 -2.7
FDRR Fidelity Dividend ETF for Rising Rates 0.5 15 50 6.2 +0.7
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.5 14 51 5.6 +0.0
EEMO Invesco S&P Emerging Markets Momentum ETF 0.5 29 36 8.2 +2.7
PICK iShares MSCI Global Metals & Mining Producers ETF 0.5 39 26 8.5 +3.0
DXIV Dimensional International Vector Equity ETF 0.5 34 31 6.7 +1.2
VIGI Vanguard International Dividend Appreciation ETF 0.5 10 55 6.2 +0.7
GEW Cambria Global EW ETF 0.4 29 36 5.7 +0.1
VT Vanguard Total World Stock ETF 0.4 6 59 5.4 -0.1
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.4 20 45 5.7 +0.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.4 9 56 5.2 -0.3
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.4 12 53 4.8 -0.8
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.4 41 24 7.5 +2.0
TOK iShares MSCI Kokusai ETF 0.4 26 39 4.6 -0.9
URTH iShares MSCI World ETF 0.3 24 41 4.7 -0.9
XT iShares Exponential Technologies ETF 0.3 46 19 4.4 -1.1
KOKU Xtrackers MSCI Kokusai Equity ETF 0.3 9 56 4.7 -0.8
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.3 42 23 4.3 -1.3
IQRA IQ CBRE Real Assets ETF 0.3 65 0 5.9 +0.3
SDG iShares MSCI Global Sustainable Development Goals ETF 0.3 49 16 4.7 -0.8
FNDC Schwab Fundamental International Small Co. Index ETF 0.3 39 26 7.0 +1.4
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.2 49 16 6.2 +0.7
AQLT iShares MSCI Global Quality Factor ETF 0.2 18 47 0.0 -5.5
ESGG FlexShares STOXX Global ESG Select Index Fund 0.2 42 23 4.5 -1.0
IDHQ Invesco S&P International Developed High Quality ETF 0.2 29 36 5.9 +0.3
FDVV Fidelity High Dividend ETF 0.1 15 50 7.1 +1.6

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

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RESULTS & ESTIMATES

  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:		 Global X FTSE Southeast Asia ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 11.1 %
Divided by: Fwd. P/BV 1.8 x
Less: Expense ratio 65 bp
Equals: ALTAR Score 5.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.57 CATEGORY
AVERAGE		 1.52
 
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.