SPDR S&P International Dividend ETF
ALTAR
Score™		 6.8% info Recommen-
dation		 OVERWEIGHT
2025E    2026E
P/E
ratio		 14.4x P/Sales
ratio		 1.1x
P/BV
ratio		 1.5x Div.
yield		 4.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
SPDR S&P International Dividend ETF objective is to provide investment results that correspond generally to the price and yield performance of the S&P International Dividend Opportunities Inde

FUND BASICS
Category International Equities
Fund Sponsor SSGA Funds Management Inc
Website www.spdrs.com
Inception date Feb 12, 2008
Assets (mns) $504
Currency USD
Expense ratio 45 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian State Street Bank & Trust
Weighting Dividend
Index replication Derivative
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 98
Wgt avg mkt cap (mns) $31,268
Large cap (>$10bn) 55.3%
Mid cap ($2-10bn) 41.1%
Small cap (<$2bn) 3.6%
Developed mkts 89.1%
Emerging mkts 10.9%

TOP TEN HOLDINGS
TOTAL SA 2.8 %
EVONIK INDUSTRIES AG 2.2 %
ORANGE SA 2.0 %
DCC PLC 1.9 %
PEMBINA PIPELINE CORP 1.9 %
AMBEV-SA 1.8 %
LG CORP 1.7 %
SNAM RETE GAS 1.7 %
VEOLIA ENVIRONNEMENT 1.7 %
ROYAL KPN NV 1.6 %
Total 19.3 %

TOP COUNTRY EXPOSURE
JAPAN 23.2 %
FRANCE 12.6 %
CANADA 7.6 %
AUSTRALIA 7.1 %
BRITAIN 6.7 %
SWITZERLAND 4.3 %
SOUTH AFRICA 3.5 %
ITALY 3.2 %
TAIWAN 3.1 %
GERMANY 2.7 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
7.2% 17.0% 7.6% 7.5% 2.6%

Market Correlations
versus... Beta R-squared
S&P500 0.48 27%
MSCI EAFE 0.61 72%
MSCI Emg. Mkts. 0.35 41%

Technical Indicators
Recent close $46.00
30d moving avg. $46.60
Annualized volatility 13.0%
Short interest (ETF) 0.1%
Relative strength (RSI) 47

Liquidity measures
Avg. volume (thou.) 13
Turnover 0.1%
Bid/Ask (% of price) 0.55%
ADV underlying (mns) $3,771

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 459 potential alternatives to the SPDR S&P International Dividend ETF ETF based on the alternatives' overlap in portfolio holdings with DWX. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: DWX Expense: 45 bp ALTAR Score™: 6.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH DWX
Ticker Fund
Name		 Overlap1
vs DWX
(%)		 Expense
ratio
(bp)		 Savings
vs DWX
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs DWX
(%)
EFAV iShares MSCI EAFE Min Vol Factor ETF 20.7 22 23 5.8 -1.0
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 19.9 80 -35 5.6 -1.2
LVHI Franklin International Low Volatility High Dividend Index ET 18.2 40 5 7.7 +0.9
FID First Trust S&P International Dividend Aristocrats ETF 17.7 60 -15 7.8 +1.0
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 14.8 9 36 7.8 +1.0
DWMF WisdomTree International Multifactor Fund 14.0 38 7 7.0 +0.2
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 13.5 32 13 5.4 -1.4
WDIV SPDR S&P Global Dividend ETF 13.5 40 5 9.1 +2.3
DIVI Franklin International Core Dividend Tilt Index ETF 13.4 9 36 6.6 -0.2
GCOW Pacer Global Cash Cows Dividend ETF 13.2 60 -15 9.4 +2.5
EDIV SPDR S&P Emerging Markets Dividend ETF 13.0 49 -4 9.1 +2.2
AIVI WisdomTree International AI Enhanced Value Fund 12.7 58 -13 6.3 -0.5
RODM Hartford Multifactor Developed Markets (ex-US) ETF 12.4 29 16 7.0 +0.2
SCHY Schwab International Dividend Equity ETF 12.0 14 31 8.5 +1.7
EFV iShares MSCI EAFE Value ETF 11.7 34 11 7.6 +0.8
QEFA SPDR MSCI EAFE StrategicFactors ETF 11.7 30 15 6.2 -0.6
JIVE JPMorgan International Value ETF 11.6 55 -10 8.4 +1.6
JPIN J.P. Morgan Diversified Return International Equity ETF 11.2 37 8 7.2 +0.4
DTH WisdomTree International High Dividend Fund 10.8 58 -13 7.4 +0.6
FDEV Fidelity International Multifactor ETF 10.8 18 27 7.3 +0.5
VYMI Vanguard International High Dividend Yield ETF 10.5 17 28 8.1 +1.3
DFIV Dimensional International Value ETF 10.2 27 18 7.8 +1.0
EWQ iShares MSCI France ETF 9.9 53 -8 6.5 -0.3
DOL WisdomTree International LargeCap Dividend Fund 9.6 48 -3 5.7 -1.1
IDOG ALPS International Sector Dividend Dogs ETF 9.5 50 -5 9.2 +2.4
EFAS Global X MSCI SuperDividend EAFE ETF 9.5 57 -12 7.3 +0.5
IGRO iShares International Dividend Growth ETF 9.4 15 30 6.8 -0.0
DTAN Sparkline International Intangible Value ETF 9.4 55 -10 7.1 +0.3
IVLU iShares MSCI Intl Value Factor ETF 9.1 30 15 8.1 +1.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 9.0 45 0 6.8 -0.1
FIDI Fidelity International High Dividend ETF 9.0 18 27 7.3 +0.5
INEQ Columbia International Equity Income ETF 8.9 45 0 7.9 +1.1
TPIF Timothy Plan International ETF 8.8 62 -17 5.6 -1.2
CIL VictoryShares International Volatility Wtd ETF 8.7 45 0 5.8 -1.0
JHMD John Hancock Multifactor Developed International ETF 8.7 39 6 6.2 -0.6
FNDF Schwab Fundamental International Large Co. Index ETF 8.7 25 20 7.4 +0.6
IFGL iShares International Developed Real Estate ETF 8.7 48 -3 7.5 +0.7
BBEU JPMorgan BetaBuilders Europe ETF 8.7 9 36 6.2 -0.6
ICOW Pacer Developed Markets International Cash Cows 100 ETF 8.6 65 -20 7.8 +1.0
RFDI First Trust Riverfront Dynamic Developed International ETF 8.6 83 -38 7.8 +1.0
IEV iShares Europe ETF 8.5 67 -22 5.9 -0.9
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 8.5 25 20 6.3 -0.5
DBEU Xtrackers MSCI Europe Hedged Equity ETF 8.5 46 -1 5.5 -1.3
JIRE JPMorgan International Research Enhanced Equity ETF 8.5 24 21 5.9 -0.9
GSID Goldman Sachs MarketBeta International Equity ETF 8.4 20 25 5.9 -0.9
FLEE Franklin FTSE Europe ETF 8.4 9 36 6.3 -0.5
FENI Fidelity Enhanced International ETF 8.4 28 17 5.8 -1.0
ESGD iShares ESG Aware MSCI EAFE ETF 8.4 20 25 5.8 -1.0
CGDG Capital Group Dividend Growers ETF 8.4 47 -2 5.2 -1.6
HFXI IQ FTSE International Equity Currency Neutral ETF 8.4 20 25 5.6 -1.2
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 8.3 14 31 5.3 -1.5
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 8.3 24 21 6.9 +0.1
RWX SPDR Dow Jones International Real Estate ETF 8.3 59 -14 7.4 +0.6
PPIE Putnam PanAgora ESG International Equity ETF 8.3 49 -4 6.2 -0.6
EFAD ProShares MSCI EAFE Dividend Growers ETF 8.2 50 -5 5.7 -1.1
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 8.2 36 9 5.4 -1.4
IMFL Invesco International Developed Dynamic Multifactor ETF 8.1 34 11 5.2 -1.6
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 8.1 58 -13 7.1 +0.3
IDV iShares International Select Dividend ETF 8.0 51 -6 9.1 +2.3
EFA iShares MSCI EAFE ETF 8.0 35 10 5.8 -1.1
EWJV iShares MSCI Japan Value ETF 7.9 15 30 7.0 +0.1
HEFA iShares Currency Hedged MSCI EAFE ETF 7.9 35 10 5.8 -1.1
VGK Vanguard FTSE Europe ETF 7.9 6 39 6.6 -0.2
IQSI IQ Candriam International Equity ETF 7.9 15 30 5.6 -1.2
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 7.9 47 -2 5.0 -1.8
IEUR iShares Core MSCI Europe ETF 7.9 11 34 6.4 -0.4
STXI Strive International Developed Markets ETF 7.9 29 16 6.2 -0.6
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 7.8 40 5 5.7 -1.1
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 7.8 10 35 8.6 +1.8
DWM WisdomTree International Equity Fund 7.7 48 -3 5.7 -1.2
BKIE BNY Mellon International Equity ETF 7.7 4 41 6.0 -0.8
ACWV iShares MSCI Global Min Vol Factor ETF 7.6 20 25 5.7 -1.1
EZU iShares MSCI Eurozone ETF 7.4 52 -7 5.6 -1.2
IEFA iShares Core MSCI EAFE ETF 7.4 7 38 6.1 -0.7
HEZU iShares Currency Hedged MSCI Eurozone ETF 7.4 53 -8 5.5 -1.4
IQLT iShares MSCI Intl Quality Factor ETF 7.3 30 15 5.5 -1.3
IMTM iShares MSCI Intl Momentum Factor ETF 7.3 30 15 4.7 -2.1
NUDM Nuveen ESG International Developed Markets Equity ETF 7.3 31 14 5.6 -1.2
GSIE Goldman Sachs ActiveBeta International Equity ETF 7.2 25 20 6.2 -0.6
SPEU SPDR Portfolio Europe ETF 7.2 7 38 6.5 -0.3
RCGE RockCreek Global Equality ETF 7.2 95 -50 6.2 -0.6
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 7.1 45 0 5.6 -1.3
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 7.1 12 33 5.3 -1.5
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 7.1 20 25 5.7 -1.1
VNQI Vanguard Global ex-U.S. Real Estate ETF 7.0 12 33 8.8 +2.0
IDEV iShares Core MSCI International Developed Markets ETF 7.0 4 41 6.0 -0.8
EELV Invesco S&P Emerging Markets Low Volatility ETF 6.6 29 16 8.9 +2.1
FIVA Fidelity International Value Factor ETF 6.5 18 27 7.3 +0.5
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 6.5 20 25 5.7 -1.1
PATN Pacer Nasdaq International Patent Leaders ETF 6.5 65 -20 4.0 -2.8
SCHF Schwab International Equity ETF 6.4 6 39 6.0 -0.8
VEA Vanguard FTSE Developed Markets ETF 6.4 3 42 6.0 -0.8
FRGN Horizon International Equity ETF 6.4 75 -30 7.8 +1.0
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 6.3 46 -1 5.0 -1.8
DFAI Dimensional International Core Equity Market ETF 6.3 18 27 6.1 -0.7
CEFA Global X S&P Catholic Values Developed ex-US ETF 6.3 35 10 5.7 -1.1
FEZ SPDR EURO STOXX 50 ETF 6.3 29 16 5.8 -1.1
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 6.3 39 6 6.2 -0.6
QINT American Century Quality Diversified International ETF 6.3 39 6 6.6 -0.2
SPDW SPDR Portfolio Developed World ex-US ETF 6.2 3 42 5.8 -1.0
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 6.2 41 4 6.0 -0.8
IQDF FlexShares International Quality Dividend Index Fund 6.2 47 -2 7.6 +0.8
INTF iShares International Equity Factor ETF 6.1 15 30 6.5 -0.3
AVIV Avantis International Large Cap Value ETF 6.0 25 20 7.0 +0.2
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 6.0 19 26 5.5 -1.3
CGIE Capital Group International Equity ETF 5.9 54 -9 4.6 -2.2
JXI iShares Global Utilities ETF 5.9 43 2 5.2 -1.7
DIM WisdomTree International MidCap Dividend Fund 5.9 58 -13 6.4 -0.4
CWI SPDR MSCI ACWI ex-US ETF 5.9 30 15 6.5 -0.3
DSTX Distillate International Fundamental Stability & Value ETF 5.8 55 -10 6.7 -0.1
DMXF iShares ESG Advanced MSCI EAFE ETF 5.8 12 33 4.9 -1.9
EPP iShares MSCI Pacific ex-Japan ETF 5.8 47 -2 5.1 -1.7
FEUZ First Trust Eurozone AlphaDEX ETF 5.8 80 -35 6.4 -0.4
GXUS Goldman Sachs MarketBeta Total International Equity ETF 5.8 18 27 6.4 -0.4
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 5.7 46 -1 7.8 +1.0
UIVM VictoryShares International Value Momentum ETF 5.7 35 10 8.2 +1.4
ACWX iShares MSCI ACWI ex U.S. ETF 5.6 34 11 6.4 -0.4
IPAC iShares Core MSCI Pacific ETF 5.6 9 36 5.5 -1.3
IVAL Alpha Architect International Quantitative Value ETF 5.5 49 -4 7.7 +0.9
IVSI Applied Finance IVS International Large ETF 5.5 65 -20 6.1 -0.8
VEU Vanguard FTSE All-World ex-US Index Fund 5.4 4 41 6.7 -0.1
FLJH Franklin FTSE Japan Hedged ETF 5.4 9 36 5.1 -1.7
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 5.4 25 20 6.2 -0.7
WWJD Inspire International ETF 5.4 80 -35 6.4 -0.4
FLJP Franklin FTSE Japan ETF 5.4 9 36 5.4 -1.4
DXJ WisdomTree Japan Hedged Equity Fund 5.3 48 -3 5.3 -1.5
DEW WisdomTree Global High Dividend Fund 5.3 58 -13 7.2 +0.4
BBJP JPMorgan BetaBuilders Japan ETF 5.2 19 26 5.3 -1.5
IQDY FlexShares International Quality Dividend Dynamic Index Fund 5.2 47 -2 7.2 +0.4
EWJ iShares MSCI Japan ETF 5.1 50 -5 4.9 -1.9
VXUS Vanguard Total International Stock ETF 5.1 5 40 6.7 -0.2
IXC iShares Global Energy ETF 5.1 44 1 7.3 +0.5
DIHP Dimensional International High Profitability ETF 5.1 29 16 5.8 -1.0
HEWJ iShares Currency Hedged MSCI Japan ETF 5.1 50 -5 5.4 -1.4
DBJP Xtrackers MSCI Japan Hedged Equity ETF 5.1 47 -2 4.6 -2.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 5.0 39 6 7.0 +0.2
QWLD SPDR MSCI World StrategicFactors ETF 5.0 30 15 5.2 -1.6
EUDV ProShares MSCI Europe Dividend Growers ETF 5.0 55 -10 5.7 -1.1
IXP iShares Global Comm Services ETF 5.0 42 3 5.7 -1.2
IXUS iShares Core MSCI Total International Stock ETF 5.0 7 38 6.6 -0.2
FEP First Trust Europe AlphaDEX Fund 5.0 80 -35 6.8 -0.0
AVDE Avantis International Equity ETF 4.9 23 22 6.2 -0.6
VGSR Vert Global Sustainable Real Estate ETF 4.9 47 -2 7.0 +0.2
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 4.9 40 5 6.3 -0.5
ERET iShares Environmentally Aware Real Estate ETF 4.8 30 15 6.9 +0.0
DXIV Dimensional International Vector Equity ETF 4.8 34 11 6.6 -0.2
AVSD Avantis Responsible International Equity ETF 4.7 23 22 6.0 -0.8
DFSI Dimensional International Sustainability Core 1 ETF 4.7 24 21 5.7 -1.1
DFIC Dimensional International Core Equity 2 ETF 4.7 23 22 6.3 -0.6
SCJ iShares MSCI Japan Small-Cap ETF 4.7 50 -5 5.6 -1.2
IQRA IQ CBRE Real Assets ETF 4.7 65 -20 5.9 -1.0
RWO SPDR Dow Jones Global Real Estate ETF 4.6 50 -5 6.3 -0.5
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 4.5 25 20 5.5 -1.3
CGW Invesco S&P Global Water Index ETF 4.5 57 -12 4.6 -2.2
PIO Invesco Global Water ETF 4.5 75 -30 4.5 -2.4
EFRA iShares Environmental Infrastructure and Industrials ETF 4.5 47 -2 5.1 -1.8
TBLU Tortoise Global Water ESG ETF 4.5 40 5 4.6 -2.2
VSGX Vanguard ESG International Stock ETF 4.5 10 35 6.6 -0.2
FLAU Franklin FTSE Australia ETF 4.5 9 36 6.0 -0.8
NDIV Amplify Natural Resources Dividend Income ETF 4.4 59 -14 11.5 +4.6
KNO AXS Knowledge Leaders ETF 4.4 78 -33 4.0 -2.8
EBLU Ecofin Global Water ESG Fund 4.4 40 5 4.6 -2.2
VIDI Vident International Equity Strategy ETF 4.3 61 -16 8.1 +1.3
NXTG First Trust Indxx NextG ETF 4.3 70 -25 3.4 -3.4
JPXN iShares JPX-Nikkei 400 ETF 4.3 48 -3 5.4 -1.4
EWA iShares MSCI Australia ETF 4.3 50 -5 5.4 -1.4
TTAI FCF International Quality ETF 4.2 59 -14 6.8 -0.0
VPL Vanguard FTSE Pacific ETF 4.2 7 38 5.3 -1.6
BINV Brandes International ETF 4.2 70 -25 8.6 +1.8
AVRE Avantis Real Estate ETF 4.2 17 28 6.8 -0.1
GNR SPDR S&P Global Natural Resources ETF 4.1 40 5 8.6 +1.8
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 4.1 65 -20 4.2 -2.7
DEM WisdomTree Emerging Markets High Dividend Fund 4.1 63 -18 10.3 +3.5
REET iShares Global REIT ETF 4.0 14 31 7.0 +0.1
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 4.0 44 1 9.5 +2.7
FICS First Trust International Developed Capital Strength ETF 3.9 70 -25 6.8 -0.0
SDG iShares MSCI Global Sustainable Development Goals ETF 3.9 49 -4 4.5 -2.4
VIGI Vanguard International Dividend Appreciation ETF 3.9 10 35 6.1 -0.8
EWL iShares MSCI Switzerland ETF 3.8 50 -5 5.6 -1.3
FLSW Franklin FTSE Switzerland ETF 3.7 9 36 5.8 -1.1
DFGR Dimensional Global Real Estate ETF 3.6 22 23 7.0 +0.2
ESGG FlexShares STOXX Global ESG Select Index Fund 3.5 42 3 4.0 -2.8
FDD First Trust Stoxx European Select Dividend Index Fund 3.5 58 -13 9.8 +2.9
IDHQ Invesco S&P International Developed High Quality ETF 3.5 29 16 5.4 -1.4
EZA iShares MSCI South Africa ETF 3.5 58 -13 9.3 +2.5
FKU First Trust United Kingdom AlphaDEX Fund 3.4 80 -35 7.3 +0.5
KLMT Invesco MSCI Global Climate 500 ETF 3.4 10 35 5.0 -1.9
OEFA ALPS O’Shares International Developed Quality Dividend ETF 3.4 48 -3 4.7 -2.2
ASEA Global X FTSE Southeast Asia ETF 3.3 65 -20 5.5 -1.3
FLGB Franklin FTSE United Kingdom ETF 3.3 9 36 6.8 +0.0
PIEL Pacer International Export Leaders ETF 3.3 60 -15 4.1 -2.7
BKCI BNY Mellon Concentrated International ETF 3.3 80 -35 4.9 -2.0
CCNR ALPS CoreCommodity Natural Resources ETF 3.3 39 6 8.1 +1.3
DFAX Dimensional World ex U.S. Core Equity 2 ETF 3.3 30 15 6.4 -0.4
HEDJ WisdomTree Europe Hedged Equity Fund 3.2 58 -13 5.9 -0.9
EWI iShares MSCI Italy ETF 3.2 50 -5 10.8 +4.0
OCEN IQ Clean Oceans ETF 3.2 45 0 4.6 -2.2
JHID John Hancock International High Dividend ETF 3.2 46 -1 7.9 +1.1
JSTC Adasina Social Justice All Cap Global ETF 3.2 89 -44 4.3 -2.5
EUDG WisdomTree Europe Quality Dividend Growth Fund 3.2 58 -13 6.4 -0.4
EWC iShares MSCI Canada ETF 3.1 50 -5 5.1 -1.7
IXJ iShares Global Healthcare ETF 3.1 42 3 6.3 -0.5
FYLD Cambria Foreign Shareholder Yield ETF 3.1 59 -14 10.2 +3.4
ROAM Hartford Multifactor Emerging Markets ETF 3.0 44 1 7.5 +0.7
MOTG VanEck Morningstar Global Wide Moat ETF 3.0 52 -7 8.0 +1.2
XCEM Columbia EM Core ex-China ETF 3.0 16 29 4.9 -1.9
FSZ First Trust Switzerland AlphaDEX Fund 3.0 80 -35 5.2 -1.6
LDEM iShares ESG MSCI EM Leaders ETF 3.0 17 28 12.9 +6.0
EWU iShares MSCI United Kingdom ETF 3.0 50 -5 7.2 +0.4
IDMO Invesco S&P International Developed Momentum ETF 3.0 25 20 5.3 -1.5
QTUM Defiance Quantum ETF 3.0 40 5 3.5 -3.3
ENFR Alerian Energy Infrastructure ETF 2.9 35 10 4.3 -2.6
UMI USCF Midstream Energy Income Fund ETF 2.9 85 -40 3.9 -2.9
USAI Pacer American Energy Independence ETF 2.9 75 -30 3.5 -3.3
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 2.9 12 33 4.4 -2.4
TPYP Tortoise North American Pipeline Fund 2.9 40 5 4.9 -2.0
AQWA Global X Clean Water ETF 2.8 50 -5 5.1 -1.7
FTRI First Trust Indxx Global Natural Resources Income ETF 2.8 70 -25 6.7 -0.1
XT iShares Exponential Technologies ETF 2.8 46 -1 3.8 -3.0
DIVY Sound Equity Dividend Income ETF 2.8 45 0 8.1 +1.2
FRDM Freedom 100 Emerging Markets ETF 2.8 49 -4 5.3 -1.5
RNEM First Trust Emerging Markets Equity Select ETF 2.8 75 -30 8.2 +1.4
EVLU iShares MSCI Emerging Markets Value Factor ETF 2.7 35 10 10.0 +3.2
BLES Inspire Global Hope ETF 2.7 61 -16 5.7 -1.1
DGT State Street SPDR Global Dow ETF 2.7 50 -5 5.7 -1.2
IDNA iShares Genomics Immunology and Healthcare ETF 2.7 47 -2 -0.3 -7.1
EYLD Cambria Emerging Shareholder Yield ETF 2.6 66 -21 9.2 +2.4
KXI iShares Global Consumer Staples ETF 2.6 41 4 5.3 -1.5
FGM First Trust Germany AlphaDEX Fund 2.6 80 -35 4.9 -1.9
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 2.6 30 15 7.6 +0.8
SCZ iShares MSCI EAFE Small-Cap ETF 2.6 40 5 6.1 -0.7
RGEF Rockefeller Global Equity ETF 2.5 55 -10 3.8 -3.0
EMMF WisdomTree Emerging Markets Multifactor Fund 2.5 48 -3 8.4 +1.6
ESGE iShares ESG Aware MSCI EM ETF 2.5 25 20 8.3 +1.4
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 2.5 39 6 13.7 +6.9
LEGR First Trust Indxx Innovative Transaction & Process ETF 2.5 65 -20 7.3 +0.5
EUFN iShares MSCI Europe Financials ETF 2.4 51 -6 7.1 +0.3
HART IQ Healthy Hearts ETF 2.4 45 0 5.8 -1.0
XC WisdomTree Emerging Markets Ex-China Fund 2.4 32 13 6.6 -0.2
EWUS iShares MSCI United Kingdom Small Cap ETF 2.3 59 -14 7.4 +0.6
GQRE FlexShares Global Quality Real Estate Index Fund 2.3 45 0 7.3 +0.5
ECON Columbia Emerging Markets Consumer ETF 2.3 49 -4 6.6 -0.2
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 2.3 24 21 5.2 -1.6
ERTH Invesco MSCI Sustainable Future ETF 2.3 62 -17 3.0 -3.8
FJP First Trust Japan AlphaDEX Fund 2.2 80 -35 7.5 +0.7
VEXC Vanguard Emerging Markets Ex-China ETF 2.2 7 38 5.7 -1.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 2.2 9 36 4.9 -2.0
FNDC Schwab Fundamental International Small Co. Index ETF 2.2 39 6 6.8 +0.0
PXH Invesco FTSE RAFI Emerging Markets ETF 2.2 49 -4 13.4 +6.6
GEW Cambria Global EW ETF 2.2 29 16 5.4 -1.4
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 2.2 58 -13 3.4 -3.4
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 2.2 75 -30 6.0 -0.8
EWH iShares MSCI Hong Kong ETF 2.2 50 -5 5.4 -1.4
GLOF iShares Global Equity Factor ETF 2.2 20 25 5.6 -1.3
IQDG WisdomTree International Quality Dividend Growth Fund 2.2 42 3 5.8 -1.0
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 2.2 58 -13 5.4 -1.4
URTH iShares MSCI World ETF 2.1 24 21 4.3 -2.5
EMXF iShares ESG Advanced MSCI EM ETF 2.1 16 29 6.7 -0.1
AFK VanEck Africa Index ETF 2.1 98 -53 11.2 +4.4
EWT iShares MSCI Taiwan ETF 2.1 58 -13 3.0 -3.8
JHEM John Hancock Multifactor Emerging Markets ETF 2.1 49 -4 7.5 +0.7
BBCA JPMorgan BetaBuilders Canada ETF 2.1 19 26 5.4 -1.4
EWM iShares MSCI Malaysia ETF 2.1 50 -5 6.5 -0.3
EMDM First Trust Bloomberg Emerging Market Democracies ETF 2.1 75 -30 6.4 -0.5
ACWI iShares MSCI ACWI ETF 2.1 32 13 4.6 -2.2
IOO iShares Global 100 ETF 2.1 41 4 3.8 -3.0
EWD iShares MSCI Sweden ETF 2.0 54 -9 5.1 -1.7
IGF iShares Global Infrastructure ETF 2.0 41 4 4.2 -2.6
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 2.0 49 -4 7.9 +1.1
GII SPDR S&P Global Infrastructure ETF 2.0 40 5 4.3 -2.5
XCNY SPDR S&P Emerging Markets ex-China ETF 2.0 15 30 5.7 -1.1
UMMA Wahed Dow Jones Islamic World ETF 2.0 65 -20 3.5 -3.3
KOKU Xtrackers MSCI Kokusai Equity ETF 2.0 9 36 4.4 -2.4
FLTW Franklin FTSE Taiwan ETF 2.0 19 26 3.4 -3.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 2.0 20 25 4.7 -2.1
FDT First Trust Developed Markets ex-US AlphaDEX Fund 2.0 80 -35 6.7 -0.1
EWS iShares MSCI Singapore ETF 1.9 50 -5 4.2 -2.6
TOK iShares MSCI Kokusai ETF 1.9 26 19 4.3 -2.5
ICPY Tweedy, Browne International Insider Value ETF 1.9 80 -35 21.5 +14.7
STXE Strive Emerging Markets Ex-China ETF 1.9 32 13 5.2 -1.6
EIRL iShares MSCI Ireland ETF 1.9 50 -5 7.1 +0.3
EFG iShares MSCI EAFE Growth ETF 1.9 36 9 3.8 -3.0
VT Vanguard Total World Stock ETF 1.9 6 39 5.0 -1.8
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.9 56 -11 9.8 +2.9
FLCA Franklin FTSE Canada ETF 1.9 9 36 5.5 -1.3
FTAG First Trust Indxx Global Agriculture ETF 1.9 70 -25 7.2 +0.4
EMXC iShares MSCI Emerging Markets ex China ETF 1.9 25 20 5.1 -1.7
IVRA Invesco Real Assets ESG ETF 1.9 59 -14 6.2 -0.6
MDLV Morgan Dempsey Large Cap Value ETF 1.9 58 -13 5.8 -1.1
MLPI NEOS MLP & Engy Infras Hi Inc ETF 1.9 68 -23 4.1 -2.7
CZAR Themes Natural Monopoly ETF 1.9 35 10 5.4 -1.4
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 1.8 25 20 5.5 -1.3
IXG iShares Global Financials ETF 1.8 42 3 6.3 -0.5
ECOW Pacer Emerging Markets Cash Cows 100 ETF 1.8 70 -25 9.5 +2.7
EWZ iShares MSCI Brazil ETF 1.8 58 -13 11.2 +4.3
FLBR Franklin FTSE Brazil ETF 1.8 19 26 12.2 +5.4
MOTI VanEck Morningstar International Moat ETF 1.8 58 -13 10.2 +3.4
SDEM Global X MSCI SuperDividend Emerging Markets ETF 1.8 67 -22 12.8 +6.0
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.8 49 -4 6.1 -0.7
AVES Avantis Emerging Markets Value ETF 1.8 36 9 8.9 +2.1
FLV American Century Focused Large Cap Value ETF 1.8 42 3 6.0 -0.8
KNCT Invesco Next Gen Connectivity ETF 1.7 40 5 2.9 -3.9
EVX VanEck Environmental Services ETF 1.7 55 -10 4.1 -2.7
FTHF First Trust Emerging Markets Human Flourishing ETF 1.7 75 -30 5.8 -1.0
DISV Dimensional International Small Cap Value ETF 1.7 42 3 8.1 +1.3
KOCG FIS Knights of Columbus Global Belief ETF 1.7 75 -30 4.4 -2.4
EWN iShares MSCI Netherlands ETF 1.6 50 -5 4.5 -2.3
IBAT iShares Energy Storage & Materials ETF 1.6 47 -2 1.5 -5.3
WLDR Affinity World Leaders Equity ETF 1.6 67 -22 5.8 -1.1
SCHE Schwab Emerging Markets Equity ETF 1.6 11 34 9.5 +2.7
GINN Goldman Sachs Innovate Equity ETF 1.6 52 -7 3.7 -3.1
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 1.6 15 30 8.0 +1.2
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 1.6 30 15 8.0 +1.2
DFIS Dimensional International Small Cap ETF 1.6 39 6 6.1 -0.7
PRNT 3D Printing ETF 1.5 66 -21 1.2 -5.6
FDEM Fidelity Emerging Markets Multifactor ETF 1.5 25 20 10.4 +3.6
AQLT iShares MSCI Global Quality Factor ETF 1.5 18 27 0.0 -6.8
CRTC Xtrackers US National Critical Technologies ETF 1.5 35 10 4.2 -2.7
FLLA Franklin FTSE Latin America ETF 1.5 19 26 10.9 +4.1
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 1.5 66 -21 7.2 +0.4
EEM iShares MSCI Emerging Markets ETF 1.5 69 -24 7.8 +1.0
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 1.5 69 -24 7.4 +0.6
FPAG FPA Global Equity ETF 1.5 49 -4 5.8 -1.0
IEUS iShares MSCI Europe Small-Cap ETF 1.5 42 3 6.7 -0.1
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 1.5 45 0 8.1 +1.3
VWO Vanguard FTSE Emerging Markets ETF 1.4 7 38 9.2 +2.4
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 1.4 15 30 8.8 +2.0
DVYA iShares Asia/Pacific Dividend ETF 1.4 49 -4 7.1 +0.3
NUEM Nuveen ESG Emerging Markets Equity ETF 1.4 36 9 6.1 -0.7
CGGO Capital Group Global Growth Equity ETF 1.4 47 -2 4.1 -2.8
BKEM BNY Mellon Emerging Markets Equity ETF 1.4 11 34 7.9 +1.1
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 1.4 50 -5 8.1 +1.3
UEVM VictoryShares Emerging Markets Value Momentum ETF 1.4 45 0 9.7 +2.9
GLBL Pacer MSCI World Industry Advantage ETF 1.3 65 -20 3.4 -3.4
AVDS Avantis International Small Cap Equity ETF 1.3 30 15 6.0 -0.8
IPKW Invesco International BuyBack Achievers ETF 1.3 55 -10 8.2 +1.4
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.3 45 0 -0.9 -7.8
JGLO JPMorgan Global Select Equity ETF 1.3 33 12 4.3 -2.5
COPY Tweedy, Browne Insider + Value ETF 1.3 80 -35 14.9 +8.1
SPEM SPDR Portfolio Emerging Markets ETF 1.3 7 38 9.5 +2.7
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 1.3 36 9 7.6 +0.8
IEMG iShares Core MSCI Emerging Markets ETF 1.3 9 36 8.2 +1.4
AVXC Avantis Emerging Markets Ex-China Equity ETF 1.3 33 12 6.1 -0.7
DEHP Dimensional Emerging Markets High Profitability ETF 1.2 41 4 4.8 -2.0
AAXJ iShares MSCI All Country Asia ex Japan ETF 1.2 70 -25 6.9 +0.1
FDCF Fidelity Disruptive Communications ETF 1.2 50 -5 1.9 -5.0
MJSC MUFG Japan Small Cap Active ETF 1.2 85 -40 4.6 -2.2
MOO VanEck Agribusiness ETF 1.2 53 -8 9.2 +2.4
FLAX Franklin FTSE Asia Ex Japan ETF 1.2 19 26 7.1 +0.3
DVYE iShares Emerging Markets Dividend ETF 1.2 49 -4 17.9 +11.1
TIIV AAM Todd International Intrinsic Value ETF 1.1 54 -9 9.7 +2.9
DFAE Dimensional Emerging Core Equity Market ETF 1.1 35 10 7.0 +0.2
CLNR IQ Cleaner Transport ETF 1.1 45 0 3.9 -2.9
EWP iShares MSCI Spain ETF 1.1 50 -5 6.0 -0.8
FAN First Trust Global Wind Energy ETF 1.1 60 -15 2.8 -4.1
HAP VanEck Natural Resources ETF 1.1 50 -5 6.8 -0.0
SMOG VanEck Low Carbon Energy ETF 1.1 61 -16 1.2 -5.6
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 1.1 79 -34 3.6 -3.2
VCLN Virtus Duff & Phelps Clean Energy ETF 1.1 59 -14 2.2 -4.6
EMM Global X Emerging Markets ex-China ETF 1.1 75 -30 4.7 -2.1
ISCF iShares International SmallCap Equity Factor ETF 1.1 23 22 7.3 +0.5
RXI iShares Global Consumer Discretionary ETF 1.1 41 4 8.2 +1.4
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 1.1 32 13 4.8 -2.0
CZA Invesco Zacks Mid-Cap ETF 1.1 72 -27 5.9 -1.0
PID Invesco International Dividend Achievers ETF 1.1 53 -8 4.0 -2.8
FLSA Franklin FTSE Saudi Arabia ETF 1.1 39 6 0.0 -6.8
KSA iShares MSCI Saudi Arabia ETF 1.1 74 -29 0.0 -6.8
JIG JPMorgan International Growth ETF 1.1 55 -10 3.6 -3.2
DEXC Dimensional Emerging Markets ex China Core EquityETF 1.1 53 -8 5.1 -1.8
WSML iShares MSCI World Small-Cap ETF 1.0 15 30 5.3 -1.5
EINC VanEck Energy Income ETF 1.0 48 -3 4.3 -2.5
AZTD Aztlan Global Stock Selection DM SMID ETF 1.0 75 -30 4.1 -2.7
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 1.0 55 -10 4.5 -2.3
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 1.0 59 -14 8.6 +1.7
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.0 32 13 7.4 +0.6
WTRE WisdomTree New Economy Real Estate Fund 1.0 58 -13 -0.3 -7.1
ADIV SmartETFs Asia Pacific Dividend Builder ETF 1.0 78 -33 9.7 +2.9
AVEM Avantis Emerging Markets Equity ETF 1.0 33 12 7.0 +0.2
BMED Future Health ETF 1.0 85 -40 1.3 -5.6
WDNA WisdomTree BioRevolution Fund 1.0 45 0 -2.2 -9.1
CANC Tema Oncology ETF 1.0 75 -30 -2.4 -9.2
HRTS Tema Heart & Health ETF 1.0 75 -30 2.9 -3.9
IMOM Alpha Architect International Quantitative Momentum ETF 1.0 49 -4 4.2 -2.6
EMGF iShares Emerging Markets Equity Factor ETF 0.9 25 20 8.8 +2.0
DFJ WisdomTree Japan SmallCap Dividend Fund 0.9 58 -13 6.7 -0.1
TINY ProShares Nanotechnology ETF 0.9 58 -13 1.3 -5.5
GINX SGI Enhanced Global Income ETF 0.9 98 -53 6.7 -0.1
POW VistaShares Electrification Supercycle ETF 0.9 75 -30 2.0 -4.8
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.9 38 7 7.0 +0.2
DIVS SmartETFs Dividend Builder ETF 0.9 65 -20 4.5 -2.4
FEOE First Eagle Overseas Equity ETF 0.9 79 -34 6.2 -0.6
EEMA iShares MSCI Emerging Markets Asia ETF 0.9 49 -4 7.5 +0.7
AGQI First Trust Active Global Quality Income ETF 0.9 85 -40 6.5 -0.3
FEGE First Eagle Global Equity ETF 0.8 79 -34 6.1 -0.7
DFEV Dimensional Emerging Markets Value ETF 0.8 43 2 9.4 +2.6
GVAL Cambria Global Value ETF 0.8 68 -23 9.0 +2.2
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 0.8 58 -13 5.2 -1.6
SCHC Schwab International Small-Cap Equity ETF 0.8 11 34 6.7 -0.2
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 0.8 60 -15 6.6 -0.2
INCO Columbia India Consumer ETF 0.8 75 -30 2.2 -4.6
INDY iShares India 50 ETF 0.8 89 -44 5.4 -1.4
NFTY First Trust India NIFTY 50 Equal Weight ETF 0.8 80 -35 5.0 -1.8
PIN Invesco India ETF 0.8 78 -33 4.8 -2.0
CGXU Capital Group International Focus Equity ETF 0.8 54 -9 3.8 -3.0
FDFF Fidelity Disruptive Finance ETF 0.8 50 -5 5.6 -1.2
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.8 33 12 6.7 -0.1
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.8 41 4 6.9 +0.1
SRET Global X SuperDividend REIT ETF 0.8 59 -14 12.6 +5.8
AVSE Avantis Responsible Emerging Markets Equity ETF 0.8 33 12 6.6 -0.2
THD iShares MSCI Thailand ETF 0.7 58 -13 0.0 -6.8
PBD Invesco Global Clean Energy ETF 0.7 75 -30 0.2 -6.6
JADE JPMorgan Active Developing Markets Equity ETF 0.7 65 -20 6.1 -0.7
EEMO Invesco S&P Emerging Markets Momentum ETF 0.7 29 16 6.6 -0.2
CGV Conductor Global Equity Value ETF 0.7 130 -85 7.7 +0.9
AVDV Avantis International Small Cap Value ETF 0.7 36 9 7.7 +0.9
EWG iShares MSCI Germany ETF 0.7 50 -5 5.9 -0.9
GMF SPDR S&P Emerging Asia Pacific ETF 0.7 49 -4 8.6 +1.8
INDA iShares MSCI India ETF 0.6 65 -20 4.7 -2.1
AGNG Global X Aging Population ETF 0.6 50 -5 4.4 -2.5
HTEC ROBO Global Healthcare Technology and Innovation ETF 0.6 68 -23 2.5 -4.4
MDEV First Trust Indxx Medical Devices ETF 0.6 70 -25 5.1 -1.7
SAGP Strategas Global Policy Opportunities ETF 0.6 65 -20 4.9 -1.9
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 0.6 88 -43 8.4 +1.6
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 0.6 60 -15 3.4 -3.4
FLIN Franklin FTSE India ETF 0.6 19 26 4.2 -2.6
GPT Intelligent Alpha Atlas ETF 0.6 69 -24 6.1 -0.7
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.6 8 37 6.3 -0.5
CUT Invesco MSCI Global Timber ETF 0.6 61 -16 8.6 +1.8
EFNL iShares MSCI Finland ETF 0.6 56 -11 5.5 -1.3
EIPX FT Energy Income Partners Strategy ETF 0.5 95 -50 5.8 -1.0
BKF iShares MSCI BIC ETF 0.5 69 -24 14.9 +8.0
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.5 20 25 7.4 +0.6
EPI WisdomTree India Earnings Fund 0.5 85 -40 5.2 -1.6
MXI iShares Global Materials ETF 0.5 41 4 6.0 -0.8
EWY iShares MSCI South Korea ETF 0.5 58 -13 3.2 -3.6
EMC Global X Emerging Markets Great Consumer ETF 0.5 75 -30 7.1 +0.2
VEGI iShares MSCI Agriculture Producers ETF 0.5 39 6 7.7 +0.9
DTRE First Trust Alerian Disruptive Technology Real Estate ETF 0.5 60 -15 5.4 -1.4
INDS Pacer Industrial Real Estate ETF 0.5 55 -10 6.2 -0.6
JDOC JPMorgan Healthcare Leaders ETF 0.5 65 -20 3.5 -3.3
GVLU Gotham 1000 Value ETF 0.4 50 -5 8.3 +1.5
FVD First Trust Value Line Dividend Index Fund 0.4 65 -20 5.8 -1.1
QUVU Hartford Quality Value ETF 0.4 46 -1 5.6 -1.2
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 0.4 95 -50 10.0 +3.2
DLS WisdomTree International SmallCap Dividend Fund 0.4 58 -13 7.5 +0.6
FLKR Franklin FTSE South Korea ETF 0.3 9 36 4.3 -2.6
KLMN Invesco MSCI North America Climate ETF 0.3 9 36 4.3 -2.6
FLGR Franklin FTSE Germany ETF 0.3 9 36 6.6 -0.2
EIPI FT Energy Income Partners Enhanced Income ETF 0.2 110 -65 5.4 -1.5
WRND IQ Global Equity R&D Leaders ETF 0.2 18 27 4.0 -2.8
AKAF The Frontier Economic Fund 0.2 20 25 5.2 -1.6
TRFM AAM Transformers ETF 0.2 49 -4 1.0 -5.9
IXN iShares Global Tech ETF 0.2 41 4 2.6 -4.2
EXI iShares Global Industrials ETF 0.2 42 3 3.6 -3.2
SHPP Pacer Industrials and Logistics ETF 0.2 60 -15 6.6 -0.3
ALRG Allspring LT Large Core ETF 0.2 28 17 3.5 -3.3
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.2 80 -35 9.3 +2.5
GWX SPDR S&P International Small Cap ETF 0.1 40 5 5.9 -0.9
RVRB Reverb ETF 0.1 30 15 3.8 -3.0

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:		 SPDR S&P International Dividend 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 10.6 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 45 bp
Equals: ALTAR Score 6.8 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.71 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.