Global X DAX Germany ETF
ALTAR
Score™		 7.0% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 16.5x P/Sales
ratio		 1.3x
P/BV
ratio		 1.8x Div.
yield		 2.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Global X DAX Germany ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to provide investment results that will closely correspond to the DAX? Index using a quarterly rebalance frequency and weighting the securities by market cap. The underlying index holds 30 German blue chip stocks that are traded on the Frankfurt Stock Exchange.

FUND BASICS
Category International Equities
Fund Sponsor Global X Management Co LLC
Website www.globalxfunds.com
Inception date Oct 22, 2014
Assets (mns) $269
Currency USD
Expense ratio 21 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
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) $108,968
Large cap (>$10bn) 99.2%
Mid cap ($2-10bn) 0.5%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
SAP AG 12.9 %
SIEMENS AG-REG 10.4 %
ALLIANZ SE-REG 8.4 %
EADS NV 6.9 %
DEUTSCHE TELEKOM AG 5.8 %
SIEMENS ENERGY AG 4.9 %
RHEINMETALL AG 4.2 %
MUENCHENER RUECKVER AG-REG 4.1 %
DEUTSCHE BANK AG-REGISTERED 3.6 %
INFINEON TECHNOLOGIES AG 2.9 %
Total 64.1 %

TOP COUNTRY EXPOSURE
GERMANY 92.4 %
NETHERLANDS 7.4 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru November 30)
Year-to-date 1 year 5 years 10 years Since Incep.
33.8% 32.1% 11.1% 8.0% 7.3%

Market Correlations
versus... Beta R-squared
S&P500 0.82 42%
MSCI EAFE 0.90 57%
MSCI Emg. Mkts. 0.81 45%

Technical Indicators
Recent close $44.49
30d moving avg. $43.87
Annualized volatility 16.1%
Short interest (ETF) 0.8%
Relative strength (RSI) 52

Liquidity measures
Avg. volume (thou.) 48
Turnover 0.8%
Bid/Ask (% of price) 0.30%
ADV underlying (mns) $2,242

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 308 potential alternatives to the Global X DAX Germany ETF ETF based on the alternatives' overlap in portfolio holdings with DAX. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: DAX Expense: 21 bp ALTAR Score™: 7.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH DAX
Ticker Fund
Name		 Overlap1
vs DAX
(%)		 Expense
ratio
(bp)		 Savings
vs DAX
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs DAX
(%)
EWG iShares MSCI Germany ETF 90.1 50 -29 6.6 -0.5
FLGR Franklin FTSE Germany ETF 79.3 9 12 7.2 +0.2
FGM First Trust Germany AlphaDEX Fund 31.9 80 -59 6.8 -0.2
FEZ SPDR EURO STOXX 50 ETF 28.9 29 -8 6.4 -0.6
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 27.3 45 -24 6.8 -0.3
EZU iShares MSCI Eurozone ETF 25.2 52 -31 6.4 -0.6
HEDJ WisdomTree Europe Hedged Equity Fund 23.1 58 -37 6.4 -0.6
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 15.1 25 -4 7.1 +0.1
DBEU Xtrackers MSCI Europe Hedged Equity ETF 15.1 46 -25 6.5 -0.5
IDMO Invesco S&P International Developed Momentum ETF 15.1 25 -4 5.8 -1.3
DTAN Sparkline International Intangible Value ETF 14.7 55 -34 8.1 +1.1
BBEU JPMorgan BetaBuilders Europe ETF 14.7 9 12 7.0 -0.1
IEV iShares Europe ETF 13.8 67 -46 6.6 -0.5
CLNR IQ Cleaner Transport ETF 13.3 45 -24 5.2 -1.8
FLEE Franklin FTSE Europe ETF 13.1 9 12 7.0 -0.0
EUFN iShares MSCI Europe Financials ETF 13.1 51 -30 7.8 +0.8
OSEA Harbor International Compounders ETF 13.0 55 -34 4.8 -2.2
FEUZ First Trust Eurozone AlphaDEX ETF 12.9 80 -59 7.5 +0.5
IEUR iShares Core MSCI Europe ETF 12.3 11 10 7.1 +0.1
MOTO SmartETFs Smart Transportation & Technology ETF 12.2 68 -47 6.4 -0.7
VGK Vanguard FTSE Europe ETF 12.0 6 15 7.2 +0.2
SPEU SPDR Portfolio Europe ETF 11.7 7 14 7.1 +0.1
FIVA Fidelity International Value Factor ETF 11.5 18 3 9.1 +2.1
FENI Fidelity Enhanced International ETF 10.7 28 -7 6.2 -0.8
IVLU iShares MSCI Intl Value Factor ETF 10.6 30 -9 9.6 +2.6
JHID John Hancock International High Dividend ETF 10.5 46 -25 9.2 +2.2
JIRE JPMorgan International Research Enhanced Equity ETF 10.4 24 -3 6.8 -0.2
SHPP Pacer Industrials and Logistics ETF 10.3 60 -39 8.3 +1.3
UIVM VictoryShares International Value Momentum ETF 10.3 35 -14 8.4 +1.4
INEQ Columbia International Equity Income ETF 10.0 45 -24 7.6 +0.5
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 10.0 36 -15 6.3 -0.7
OCEN IQ Clean Oceans ETF 9.8 45 -24 5.3 -1.7
DIVI Franklin International Core Dividend Tilt Index ETF 9.7 9 12 7.5 +0.5
HFXI IQ FTSE International Equity Currency Neutral ETF 9.7 20 1 6.6 -0.4
AVIV Avantis International Large Cap Value ETF 9.4 25 -4 8.3 +1.2
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 9.4 20 1 6.1 -0.9
IQSI IQ Candriam International Equity ETF 9.3 15 6 6.2 -0.8
EFG iShares MSCI EAFE Growth ETF 9.3 36 -15 4.1 -2.9
GSID Goldman Sachs MarketBeta International Equity ETF 9.2 20 1 6.5 -0.6
CEFA Global X S&P Catholic Values Developed ex-US ETF 9.2 35 -14 6.2 -0.8
IMOM Alpha Architect International Quantitative Momentum ETF 9.2 49 -28 4.7 -2.3
STXI Strive International Developed Markets ETF 9.2 29 -8 6.3 -0.7
IDOG ALPS International Sector Dividend Dogs ETF 9.1 50 -29 11.4 +4.4
EUDG WisdomTree Europe Quality Dividend Growth Fund 9.0 58 -37 6.6 -0.4
JHMD John Hancock Multifactor Developed International ETF 9.0 39 -18 7.1 +0.1
GSIE Goldman Sachs ActiveBeta International Equity ETF 9.0 25 -4 6.9 -0.1
EFA iShares MSCI EAFE ETF 9.0 35 -14 6.4 -0.6
WRND IQ Global Equity R&D Leaders ETF 8.7 18 3 7.5 +0.5
DWMF WisdomTree International Multifactor Fund 8.5 38 -17 7.1 +0.0
EFV iShares MSCI EAFE Value ETF 8.5 34 -13 8.5 +1.5
CGIE Capital Group International Equity ETF 8.5 54 -33 4.9 -2.1
PATN Pacer Nasdaq International Patent Leaders ETF 8.5 65 -44 5.3 -1.7
NUDM Nuveen ESG International Developed Markets Equity ETF 8.3 31 -10 5.9 -1.1
OEFA ALPS O’Shares International Developed Quality Dividend ETF 8.3 48 -27 5.3 -1.7
LVHI Franklin International Low Volatility High Dividend Index ET 8.3 40 -19 10.1 +3.1
ESGD iShares ESG Aware MSCI EAFE ETF 8.3 20 1 6.3 -0.7
BKIE BNY Mellon International Equity ETF 8.3 4 17 6.6 -0.4
IMTM iShares MSCI Intl Momentum Factor ETF 8.3 30 -9 5.2 -1.9
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 8.2 20 1 6.1 -0.9
DFIV Dimensional International Value ETF 8.1 27 -6 8.9 +1.9
DOL WisdomTree International LargeCap Dividend Fund 8.1 48 -27 6.8 -0.3
CGXU Capital Group International Focus Equity ETF 7.9 54 -33 5.3 -1.7
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 7.9 45 -24 8.3 +1.3
LEGR First Trust Indxx Innovative Transaction & Process ETF 7.7 65 -44 7.9 +0.9
DMXF iShares ESG Advanced MSCI EAFE ETF 7.7 12 9 5.4 -1.6
FEP First Trust Europe AlphaDEX Fund 7.7 80 -59 7.9 +0.9
IEFA iShares Core MSCI EAFE ETF 7.7 7 14 6.7 -0.3
BKCI BNY Mellon Concentrated International ETF 7.6 80 -59 5.1 -1.9
PCGG Polen Capital Global Growth ETF 7.5 85 -64 4.2 -2.8
QEFA SPDR MSCI EAFE StrategicFactors ETF 7.2 30 -9 6.7 -0.3
DIHP Dimensional International High Profitability ETF 7.0 29 -8 6.6 -0.5
FNDF Schwab Fundamental International Large Co. Index ETF 7.0 25 -4 8.9 +1.9
QINT American Century Quality Diversified International ETF 7.0 39 -18 6.8 -0.2
CIL VictoryShares International Volatility Wtd ETF 6.9 45 -24 6.4 -0.6
FICS First Trust International Developed Capital Strength ETF 6.9 70 -49 7.3 +0.3
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 6.9 9 12 8.9 +1.9
UMMA Wahed Dow Jones Islamic World ETF 6.9 65 -44 4.7 -2.3
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 6.8 47 -26 5.8 -1.2
ICOW Pacer Developed Markets International Cash Cows 100 ETF 6.8 65 -44 10.6 +3.6
IQDG WisdomTree International Quality Dividend Growth Fund 6.8 42 -21 6.9 -0.1
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 6.8 32 -11 5.9 -1.1
SCHF Schwab International Equity ETF 6.8 6 15 6.8 -0.2
IDEV iShares Core MSCI International Developed Markets ETF 6.7 4 17 6.7 -0.4
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 6.7 58 -37 6.8 -0.2
VWID Virtus WMC International Dividend ETF 6.6 49 -28 8.0 +1.0
DFAI Dimensional International Core Equity Market ETF 6.6 18 3 6.7 -0.3
AVSD Avantis Responsible International Equity ETF 6.6 23 -2 5.1 -1.9
IQLT iShares MSCI Intl Quality Factor ETF 6.5 30 -9 6.1 -0.9
AVDE Avantis International Equity ETF 6.5 23 -2 7.0 +0.0
RFEU First Trust Riverfront Dynamic Europe ETF 6.4 83 -62 10.0 +3.0
WBAT WisdomTree Battery Value Chain and Innovation Fund 6.4 45 -24 1.7 -5.3
VEA Vanguard FTSE Developed Markets ETF 6.3 3 18 6.8 -0.2
RFDI First Trust Riverfront Dynamic Developed International ETF 6.2 83 -62 8.9 +1.9
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 6.2 41 -20 7.1 +0.1
FIDI Fidelity International High Dividend ETF 6.2 18 3 8.0 +1.0
PRNT 3D Printing ETF 6.2 66 -45 1.8 -5.2
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 6.2 12 9 5.7 -1.3
INTF iShares International Equity Factor ETF 6.1 15 6 7.3 +0.3
SPDW SPDR Portfolio Developed World ex-US ETF 6.1 3 18 6.6 -0.4
DWM WisdomTree International Equity Fund 6.0 48 -27 6.9 -0.1
DFIC Dimensional International Core Equity 2 ETF 6.0 23 -2 7.1 +0.1
PPIE Putnam PanAgora ESG International Equity ETF 6.0 49 -28 7.2 +0.1
DFSI Dimensional International Sustainability Core 1 ETF 6.0 24 -3 6.1 -0.9
IMFL Invesco International Developed Dynamic Multifactor ETF 5.9 34 -13 5.8 -1.2
FDD First Trust Stoxx European Select Dividend Index Fund 5.9 58 -37 11.0 +4.0
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 5.9 40 -19 7.0 +0.0
GXUS Goldman Sachs MarketBeta Total International Equity ETF 5.8 18 3 7.3 +0.3
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 5.7 39 -18 7.5 +0.5
CWI SPDR MSCI ACWI ex-US ETF 5.6 30 -9 7.3 +0.3
TPIF Timothy Plan International ETF 5.5 62 -41 6.0 -1.0
FPXE First Trust IPOX Europe Equity Opportunities ETF 5.5 70 -49 3.9 -3.1
ACWX iShares MSCI ACWI ex U.S. ETF 5.5 34 -13 7.3 +0.2
WWJD Inspire International ETF 5.4 80 -59 7.1 +0.1
GDFN Tema International Defense Innov ETF 5.3 75 -54 3.3 -3.7
EXI iShares Global Industrials ETF 5.1 42 -21 4.4 -2.7
NETZ TCW Transform Systems ETF 5.1 75 -54 2.5 -4.5
NATO Themes Transatlantic Defense ETF 5.0 35 -14 2.3 -4.7
DXIV Dimensional International Vector Equity ETF 5.0 34 -13 7.4 +0.4
VEU Vanguard FTSE All-World ex-US Index Fund 5.0 4 17 7.6 +0.6
FPXI First Trust International Equity Opportunities ETF 4.9 70 -49 4.4 -2.7
LOUP Innovator Deepwater Frontier Tech ETF 4.9 70 -49 1.0 -6.0
IDHQ Invesco S&P International Developed High Quality ETF 4.9 29 -8 6.3 -0.7
JGLO JPMorgan Global Select Equity ETF 4.9 33 -12 5.0 -2.0
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 4.8 14 7 5.9 -1.1
JIVE JPMorgan International Value ETF 4.8 55 -34 10.7 +3.7
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 4.7 58 -37 4.4 -2.6
VSGX Vanguard ESG International Stock ETF 4.7 10 11 7.5 +0.5
IXUS iShares Core MSCI Total International Stock ETF 4.7 7 14 7.5 +0.5
OAIM OneAscent International Equity ETF 4.7 95 -74 5.4 -1.7
KNO AXS Knowledge Leaders ETF 4.6 78 -57 5.6 -1.4
VYMI Vanguard International High Dividend Yield ETF 4.6 17 4 9.0 +2.0
VXUS Vanguard Total International Stock ETF 4.6 5 16 7.6 +0.6
VIGI Vanguard International Dividend Appreciation ETF 4.6 10 11 6.3 -0.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 4.6 39 -18 6.4 -0.6
KOCG FIS Knights of Columbus Global Belief ETF 4.5 75 -54 4.9 -2.1
RODM Hartford Multifactor Developed Markets (ex-US) ETF 4.4 29 -8 7.4 +0.4
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 4.4 80 -59 5.9 -1.1
POW VistaShares Electrification Supercycle ETF 4.3 75 -54 3.4 -3.6
FTAG First Trust Indxx Global Agriculture ETF 4.3 70 -49 8.4 +1.4
IDV iShares International Select Dividend ETF 4.2 51 -30 10.3 +3.3
CLOD Themes Cloud Computing ETF 4.2 35 -14 3.4 -3.6
SHLD Global X Defense Tech ETF 4.2 50 -29 3.3 -3.7
FAN First Trust Global Wind Energy ETF 4.2 60 -39 4.3 -2.8
IPKW Invesco International BuyBack Achievers ETF 4.1 55 -34 8.8 +1.8
ETEC iShares Breakthrough Environmental Solutions ETF 4.0 47 -26 3.4 -3.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 3.9 30 -9 7.4 +0.4
RAYD Rayliant Quantitative Developed Market Equity ETF 3.9 80 -59 4.5 -2.5
IGRO iShares International Dividend Growth ETF 3.8 15 6 6.9 -0.1
DGT State Street SPDR Global Dow ETF 3.8 50 -29 6.6 -0.4
EFAV iShares MSCI EAFE Min Vol Factor ETF 3.7 22 -1 5.9 -1.2
FBOT Fidelity Disruptive Automation ETF 3.7 50 -29 3.3 -3.7
JXI iShares Global Utilities ETF 3.6 43 -22 5.7 -1.3
DSTX Distillate International Fundamental Stability & Value ETF 3.6 55 -34 7.6 +0.6
DTH WisdomTree International High Dividend Fund 3.5 58 -37 8.0 +0.9
MXI iShares Global Materials ETF 3.5 41 -20 7.2 +0.2
GSIB Themes Global Systemically Important Banks ETF 3.4 35 -14 8.9 +1.9
MOTI VanEck Morningstar International Moat ETF 3.4 58 -37 10.5 +3.5
JIG JPMorgan International Growth ETF 3.4 55 -34 4.7 -2.3
AIVI WisdomTree International AI Enhanced Value Fund 3.4 58 -37 6.7 -0.3
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 3.3 80 -59 4.2 -2.9
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 3.2 24 -3 7.1 +0.1
BINV Brandes International ETF 3.2 70 -49 9.3 +2.2
SCHY Schwab International Dividend Equity ETF 3.1 14 7 9.6 +2.6
FDTX Fidelity Disruptive Technology ETF 3.1 50 -29 2.6 -4.4
BLLD JPMorgan Sustainable Infrastructure ETF 3.0 49 -28 5.9 -1.1
FGD First Trust Dow Jones Global Select Dividend Index Fund 3.0 56 -35 10.6 +3.6
IXG iShares Global Financials ETF 3.0 42 -21 6.5 -0.5
RODE Hartford Multifactor Diversified International ETF 3.0 29 -8 10.3 +3.3
FDEV Fidelity International Multifactor ETF 3.0 18 3 7.4 +0.4
BLES Inspire Global Hope ETF 3.0 61 -40 6.8 -0.2
EUDV ProShares MSCI Europe Dividend Growers ETF 2.9 55 -34 6.1 -0.9
FDRV Fidelity Electric Vehicles and Future Transportation ETF 2.9 39 -18 -1.3 -8.3
GSFP Goldman Sachs Future Planet Equity ETF 2.9 75 -54 4.4 -2.6
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 2.9 79 -58 5.0 -2.0
ICPY Tweedy, Browne International Insider Value ETF 2.9 80 -59 11.4 +4.4
IOO iShares Global 100 ETF 2.9 41 -20 4.6 -2.5
TEMP JPMorgan Climate Change Solutions ETF 2.8 49 -28 5.8 -1.2
ESGG FlexShares STOXX Global ESG Select Index Fund 2.8 42 -21 5.2 -1.8
KOKU Xtrackers MSCI Kokusai Equity ETF 2.7 9 12 5.1 -1.9
RCGE RockCreek Global Equality ETF 2.7 95 -74 6.6 -0.4
GEW Cambria Global EW ETF 2.6 29 -8 5.9 -1.1
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 2.6 25 -4 6.0 -1.0
AIQ Global X Artificial Intelligence & Technology ETF 2.6 68 -47 3.5 -3.5
IVAL Alpha Architect International Quantitative Value ETF 2.6 49 -28 10.0 +3.0
RXI iShares Global Consumer Discretionary ETF 2.5 41 -20 8.3 +1.3
MOTG VanEck Morningstar Global Wide Moat ETF 2.5 52 -31 8.8 +1.8
GINN Goldman Sachs Innovate Equity ETF 2.5 52 -31 3.6 -3.4
TEKX SPDR Galaxy Transformative Tech Accelerators ETF 2.5 65 -44 -1.3 -8.3
DIVS SmartETFs Dividend Builder ETF 2.5 65 -44 5.0 -2.0
INFL Horizon Kinetics Inflation Beneficiaries ETF 2.5 85 -64 3.4 -3.6
BCDF Horizon Kinetics Blockchain Development ETF 2.5 85 -64 4.3 -2.8
JPIN J.P. Morgan Diversified Return International Equity ETF 2.5 37 -16 7.8 +0.8
DRIV Global X Autonomous & Electric Vehicles ETF 2.4 68 -47 4.7 -2.3
GCOW Pacer Global Cash Cows Dividend ETF 2.4 60 -39 10.4 +3.4
QWLD SPDR MSCI World StrategicFactors ETF 2.4 30 -9 5.7 -1.3
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 2.4 60 -39 4.0 -3.0
XT iShares Exponential Technologies ETF 2.4 46 -25 4.5 -2.5
IDLV Invesco S&P International Developed Low Volatility ETF 2.3 25 -4 6.5 -0.5
IBAT iShares Energy Storage & Materials ETF 2.3 47 -26 2.6 -4.5
HART IQ Healthy Hearts ETF 2.3 45 -24 6.1 -1.0
TOK iShares MSCI Kokusai ETF 2.3 26 -5 4.9 -2.1
KLMT Invesco MSCI Global Climate 500 ETF 2.3 10 11 5.6 -1.5
VCLN Virtus Duff & Phelps Clean Energy ETF 2.3 59 -38 3.9 -3.1
ITOL Tema International Durable Quality ETF 2.3 60 -39 5.7 -1.3
CGDG Capital Group Dividend Growers ETF 2.3 47 -26 6.0 -1.0
IXP iShares Global Comm Services ETF 2.3 42 -21 5.6 -1.4
VIDI Vident International Equity Strategy ETF 2.2 61 -40 10.3 +3.3
FDT First Trust Developed Markets ex-US AlphaDEX Fund 2.2 80 -59 8.4 +1.4
URTH iShares MSCI World ETF 2.2 24 -3 4.9 -2.1
COPY Tweedy, Browne Insider + Value ETF 2.1 80 -59 11.6 +4.6
CARZ First Trust NASDAQ Global Auto Index Fund 2.1 70 -49 4.0 -3.0
IDRV iShares Self-driving EV & Tech ETF 2.1 47 -26 3.2 -3.8
FRNW Fidelity Clean Energy ETF 2.1 39 -18 2.3 -4.7
ROBO ROBO Global Robotics & Automation Index ETF 2.0 95 -74 3.0 -4.0
EFAD ProShares MSCI EAFE Dividend Growers ETF 2.0 50 -29 5.8 -1.2
HAP VanEck Natural Resources ETF 1.9 50 -29 8.8 +1.8
MOO VanEck Agribusiness ETF 1.9 53 -32 10.6 +3.6
ACWI iShares MSCI ACWI ETF 1.9 32 -11 5.3 -1.7
RGEF Rockefeller Global Equity ETF 1.9 55 -34 4.6 -2.4
FEOE First Eagle Overseas Equity ETF 1.9 79 -58 6.8 -0.2
IQDF FlexShares International Quality Dividend Index Fund 1.8 47 -26 8.4 +1.4
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.8 47 -26 7.7 +0.7
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 1.8 42 -21 6.5 -0.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.8 9 12 5.5 -1.5
WDNA WisdomTree BioRevolution Fund 1.8 45 -24 -1.9 -8.9
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 1.7 68 -47 6.4 -0.6
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 1.7 75 -54 7.2 +0.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.7 20 1 5.3 -1.7
VT Vanguard Total World Stock ETF 1.7 6 15 5.7 -1.3
IPAV Global X Infrastructure Development ex-U.S. ETF 1.7 55 -34 6.5 -0.5
TTAI FCF International Quality ETF 1.6 59 -38 7.4 +0.4
FEGE First Eagle Global Equity ETF 1.6 79 -58 6.5 -0.5
NXTG First Trust Indxx NextG ETF 1.6 70 -49 4.8 -2.2
IXN iShares Global Tech ETF 1.6 41 -20 3.5 -3.5
DEW WisdomTree Global High Dividend Fund 1.4 58 -37 8.2 +1.2
ACWV iShares MSCI Global Min Vol Factor ETF 1.4 20 1 5.7 -1.3
DFIS Dimensional International Small Cap ETF 1.4 39 -18 7.0 -0.0
HTEC ROBO Global Healthcare Technology and Innovation ETF 1.4 68 -47 1.9 -5.1
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.3 65 -44 1.9 -5.2
IXJ iShares Global Healthcare ETF 1.3 42 -21 6.7 -0.3
LST Leuthold Select Industries ETF 1.3 91 -70 5.7 -1.3
KNCT Invesco Next Gen Connectivity ETF 1.3 40 -19 4.6 -2.4
FID First Trust S&P International Dividend Aristocrats ETF 1.3 60 -39 7.7 +0.7
IQRA IQ CBRE Real Assets ETF 1.3 65 -44 5.7 -1.3
ANEW ProShares MSCI Transformational Changes ETF 1.3 45 -24 5.3 -1.8
AGQI First Trust Active Global Quality Income ETF 1.2 85 -64 5.2 -1.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.2 12 9 4.9 -2.1
JDOC JPMorgan Healthcare Leaders ETF 1.2 65 -44 3.8 -3.2
IGF iShares Global Infrastructure ETF 1.2 41 -20 4.6 -2.4
CGGO Capital Group Global Growth Equity ETF 1.2 47 -26 4.4 -2.6
GII SPDR S&P Global Infrastructure ETF 1.1 40 -19 4.6 -2.4
TCAI Tortoise AI Infrastructure ETF 1.1 65 -44 2.4 -4.7
OGIG ALPS O'Shares Global Internet Giants ETF 1.1 48 -27 2.2 -4.8
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.1 10 11 6.7 -0.3
ERET iShares Environmentally Aware Real Estate ETF 1.1 30 -9 7.3 +0.3
IFGL iShares International Developed Real Estate ETF 1.1 48 -27 7.0 -0.1
SDG iShares MSCI Global Sustainable Development Goals ETF 1.1 49 -28 5.1 -1.9
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.1 12 9 8.2 +1.2
WDIV SPDR S&P Global Dividend ETF 1.1 40 -19 8.9 +1.9
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.1 61 -40 2.0 -5.0
QTUM Defiance Quantum ETF 1.0 40 -19 5.0 -2.0
DIM WisdomTree International MidCap Dividend Fund 1.0 58 -37 7.2 +0.2
GLOF iShares Global Equity Factor ETF 1.0 20 1 6.6 -0.4
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 0.9 65 -44 4.6 -2.5
FDRR Fidelity Dividend ETF for Rising Rates 0.9 15 6 6.8 -0.3
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 0.9 58 -37 8.4 +1.4
FDHT Fidelity Digital Health ETF 0.8 39 -18 1.5 -5.5
MDEV First Trust Indxx Medical Devices ETF 0.8 70 -49 4.7 -2.4
ISCF iShares International SmallCap Equity Factor ETF 0.8 23 -2 8.1 +1.1
SUPL ProShares Supply Chain Logistics ETF 0.8 58 -37 10.2 +3.2
FDNI First Trust Dow Jones International Internet ETF 0.7 65 -44 23.0 +16.0
GLBL Pacer MSCI World Industry Advantage ETF 0.7 65 -44 4.1 -3.0
IQM Franklin Intelligent Machines ETF 0.7 50 -29 2.0 -5.0
CZAR Themes Natural Monopoly ETF 0.7 35 -14 5.5 -1.5
JSTC Adasina Social Justice All Cap Global ETF 0.6 89 -68 4.8 -2.2
ISHP First Trust Nasdaq Retail ETF 0.6 60 -39 5.6 -1.4
KXI iShares Global Consumer Staples ETF 0.6 41 -20 5.7 -1.3
SYNB Putnam BioRevolution ETF 0.6 70 -49 2.5 -4.5
TMFG Motley Fool Global Opportunities ETF 0.6 85 -64 4.0 -3.0
WLDR Affinity World Leaders Equity ETF 0.5 67 -46 7.1 +0.1
BMED Future Health ETF 0.5 85 -64 0.2 -6.8
HELX Franklin Genomic Advancements ETF 0.5 50 -29 -0.4 -7.4
QLV FlexShares US Quality Low Volatility Index Fund 0.5 22 -1 5.8 -1.3
GNOM Global X Genomics & Biotechnology ETF 0.5 50 -29 -3.2 -10.2
SAGP Strategas Global Policy Opportunities ETF 0.5 65 -44 5.5 -1.5
AGNG Global X Aging Population ETF 0.5 50 -29 4.5 -2.5
GINX SGI Enhanced Global Income ETF 0.5 98 -77 7.9 +0.9
AUSF Global X Adaptive U.S. Factor ETF 0.5 27 -6 8.9 +1.9
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.5 15 6 6.0 -1.0
APIE ActivePassive International Equity ETF 0.4 45 -24 7.1 +0.1
DISV Dimensional International Small Cap Value ETF 0.4 42 -21 8.9 +1.9
FINE Themes European Luxury ETF 0.4 35 -14 6.6 -0.4
IBUY Amplify Online Retail ETF 0.3 65 -44 1.7 -5.3
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.3 4 17 5.9 -1.1
FNDC Schwab Fundamental International Small Co. Index ETF 0.2 39 -18 5.7 -1.4
REVS Columbia Research Enhanced Value ETF 0.2 19 2 7.7 +0.7
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 -28 6.8 -0.3
RECS Columbia Research Enhanced Core ETF 0.1 15 6 5.7 -1.3
RVRB Reverb ETF 0.1 30 -9 4.5 -2.5
FMDE Fidelity Enhanced Mid Cap ETF 0.1 23 -2 6.0 -1.0
FELV Fidelity Enhanced Large Cap Value ETF 0.1 18 3 6.7 -0.3
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 4 7.0 -0.1
CGUS Capital Group Core Equity ETF 0.0 33 -12 4.4 -2.6
CGDV Capital Group Dividend Value ETF 0.0 33 -12 4.6 -2.4
GVUS Marketbeta Russell 1000 Value Equity ETF 0.0 12 9 6.5 -0.5
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 10 4.9 -2.2
CGGR Capital Group Growth ETF 0.0 39 -18 3.4 -3.6
VSLU Applied Finance Valuation Large Cap ETF 0.0 49 -28 5.9 -1.2

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

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RESULTS & ESTIMATES

  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 DAX Germany 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 12.2 %
Divided by: Fwd. P/BV 1.7 x
Less: Expense ratio 21 bp
Equals: ALTAR Score 7.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.60 CATEGORY
AVERAGE		 1.64
 
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.