SPDR S&P Emerging Markets Dividend ETF
ALTAR
Score™		 9.1% info Recommen-
dation		 OVERWEIGHT
2025E    2026E
P/E
ratio		 11.8x P/Sales
ratio		 1.2x
P/BV
ratio		 1.5x Div.
yield		 5.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
SPDR S&P Emerging Markets Dividend ETF's objective is to replicate as closely as possible the performance of the S&P Emerging Markets Dividend Opportunities Index.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor SSGA Funds Management Inc
Website www.spdrs.com
Inception date Feb 23, 2011
Assets (mns) $1,230
Currency USD
Expense ratio 49 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 96
Wgt avg mkt cap (mns) $11,260
Large cap (>$10bn) 37.3%
Mid cap ($2-10bn) 49.1%
Small cap (<$2bn) 11.7%
Developed mkts 7.7%
Emerging mkts 92.3%

TOP TEN HOLDINGS
AMBEV-SA 3.5 %
SINO-AMERICAN SILICON PRODUC 3.1 %
SINBON ELECTRONINCS CO LTD 2.5 %
BANCO BRADESCO S.A. 2.2 %
SAUDI TELECOM CO. 2.1 %
EMBOTELLADORAS ARCA SAB-NOM 2.0 %
NEPI ROCKCASTLE N.V. 2.0 %
ABU DHABI NATIONAL OIL COMPANY FOR 1.8 %
PTT PCL-NVDR 1.8 %
NEDBANK GROUP LTD 1.8 %
Total 22.9 %

TOP COUNTRY EXPOSURE
TAIWAN 23.5 %
THAILAND 12.9 %
MALAYSIA 11.5 %
SOUTH AFRICA 8.5 %
BRAZIL 7.3 %
CHINA 5.4 %
SAUDI ARABIA 4.2 %
MEXICO 4.0 %
UAE 3.4 %
QATAR 2.3 %

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.
6.7% 15.3% 10.9% 9.5% 3.1%

Market Correlations
versus... Beta R-squared
S&P500 0.73 50%
MSCI EAFE 0.66 67%
MSCI Emg. Mkts. 0.53 75%

Technical Indicators
Recent close $40.58
30d moving avg. $41.18
Annualized volatility 12.1%
Short interest (ETF) 0.2%
Relative strength (RSI) 48

Liquidity measures
Avg. volume (thou.) 96
Turnover 0.3%
Bid/Ask (% of price) 0.21%
ADV underlying (mns) $1,240

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 220 potential alternatives to the SPDR S&P Emerging Markets Dividend ETF ETF based on the alternatives' overlap in portfolio holdings with EDIV. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EDIV Expense: 49 bp ALTAR Score™: 9.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EDIV
Ticker Fund
Name		 Overlap1
vs EDIV
(%)		 Expense
ratio
(bp)		 Savings
vs EDIV
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EDIV
(%)
DWX SPDR S&P International Dividend ETF 13.0 45 4 6.8 -2.2
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 11.7 25 24 6.2 -2.9
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 11.0 40 9 6.3 -2.8
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 9.5 44 5 9.5 +0.5
EWM iShares MSCI Malaysia ETF 9.4 50 -1 6.5 -2.6
DEM WisdomTree Emerging Markets High Dividend Fund 9.3 63 -14 10.3 +1.2
ASEA Global X FTSE Southeast Asia ETF 8.9 65 -16 5.5 -3.5
JIVE JPMorgan International Value ETF 7.0 55 -6 8.4 -0.7
EZA iShares MSCI South Africa ETF 7.0 58 -9 9.3 +0.2
ECOW Pacer Emerging Markets Cash Cows 100 ETF 6.8 70 -21 9.5 +0.5
ROAM Hartford Multifactor Emerging Markets ETF 6.8 44 5 7.5 -1.6
THD iShares MSCI Thailand ETF 6.6 58 -9 0.0 -9.1
XC WisdomTree Emerging Markets Ex-China Fund 6.4 32 17 6.6 -2.4
EYLD Cambria Emerging Shareholder Yield ETF 6.4 66 -17 9.2 +0.2
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 6.1 39 10 13.7 +4.7
FRDM Freedom 100 Emerging Markets ETF 6.0 49 0 5.3 -3.7
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 5.9 30 19 7.6 -1.4
SCHY Schwab International Dividend Equity ETF 5.8 14 35 8.5 -0.6
FLLA Franklin FTSE Latin America ETF 5.6 19 30 10.9 +1.9
EMMF WisdomTree Emerging Markets Multifactor Fund 5.5 48 1 8.4 -0.6
RNEM First Trust Emerging Markets Equity Select ETF 5.4 75 -26 8.2 -0.8
XCEM Columbia EM Core ex-China ETF 5.3 16 33 4.9 -4.1
EDOG ALPS Emerging Sector Dividend Dogs ETF 5.2 60 -11 10.7 +1.7
PXH Invesco FTSE RAFI Emerging Markets ETF 5.2 49 0 13.4 +4.4
VEXC Vanguard Emerging Markets Ex-China ETF 5.2 7 42 5.7 -3.3
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 5.2 90 -41 3.7 -5.3
ECON Columbia Emerging Markets Consumer ETF 5.1 49 0 6.6 -2.4
SDEM Global X MSCI SuperDividend Emerging Markets ETF 5.1 67 -18 12.8 +3.7
LDEM iShares ESG MSCI EM Leaders ETF 5.0 17 32 12.9 +3.8
EWZ iShares MSCI Brazil ETF 5.0 58 -9 11.2 +2.1
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 4.8 32 17 4.8 -4.2
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 4.8 24 25 5.2 -3.8
XCNY SPDR S&P Emerging Markets ex-China ETF 4.7 15 34 5.7 -3.4
FLBR Franklin FTSE Brazil ETF 4.7 19 30 12.2 +3.2
AFK VanEck Africa Index ETF 4.7 98 -49 11.2 +2.2
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 4.7 58 -9 8.4 -0.6
EMXF iShares ESG Advanced MSCI EM ETF 4.5 16 33 6.7 -2.3
FDEM Fidelity Emerging Markets Multifactor ETF 4.4 25 24 10.4 +1.3
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 4.4 88 -39 8.4 -0.6
AVES Avantis Emerging Markets Value ETF 4.3 36 13 8.9 -0.1
JHEM John Hancock Multifactor Emerging Markets ETF 4.2 49 0 7.5 -1.5
EMDM First Trust Bloomberg Emerging Market Democracies ETF 4.2 75 -26 6.4 -2.7
FTHF First Trust Emerging Markets Human Flourishing ETF 4.1 75 -26 5.8 -3.2
EWW iShares MSCI Mexico ETF 4.0 50 -1 8.4 -0.7
FLMX Franklin FTSE Mexico ETF 4.0 19 30 8.8 -0.3
EVLU iShares MSCI Emerging Markets Value Factor ETF 4.0 35 14 10.0 +1.0
SCHE Schwab Emerging Markets Equity ETF 3.9 11 38 9.5 +0.5
VWO Vanguard FTSE Emerging Markets ETF 3.8 7 42 9.2 +0.1
AVXC Avantis Emerging Markets Ex-China Equity ETF 3.8 33 16 6.1 -3.0
EMXC iShares MSCI Emerging Markets ex China ETF 3.7 25 24 5.1 -4.0
STXE Strive Emerging Markets Ex-China ETF 3.6 32 17 5.2 -3.9
FLTW Franklin FTSE Taiwan ETF 3.6 19 30 3.4 -5.7
ESGE iShares ESG Aware MSCI EM ETF 3.5 25 24 8.3 -0.8
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 3.5 50 -1 8.1 -1.0
SPEM SPDR Portfolio Emerging Markets ETF 3.5 7 42 9.5 +0.4
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 3.5 15 34 8.0 -1.1
UAE iShares MSCI UAE ETF 3.4 59 -10 0.0 -9.1
BKEM BNY Mellon Emerging Markets Equity ETF 3.4 11 38 7.9 -1.2
DFEV Dimensional Emerging Markets Value ETF 3.3 43 6 9.4 +0.4
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 3.3 15 34 8.8 -0.2
UEVM VictoryShares Emerging Markets Value Momentum ETF 3.3 45 4 9.7 +0.6
KSA iShares MSCI Saudi Arabia ETF 3.3 74 -25 0.0 -9.1
DVYE iShares Emerging Markets Dividend ETF 3.2 49 0 17.9 +8.9
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 3.2 66 -17 7.2 -1.9
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 3.2 30 19 8.0 -1.0
EEM iShares MSCI Emerging Markets ETF 3.1 69 -20 7.8 -1.2
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 3.1 69 -20 7.4 -1.6
DEXC Dimensional Emerging Markets ex China Core EquityETF 3.1 53 -4 5.1 -4.0
MOTI VanEck Morningstar International Moat ETF 3.1 58 -9 10.2 +1.2
IEMG iShares Core MSCI Emerging Markets ETF 3.1 9 40 8.2 -0.9
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 3.0 45 4 8.1 -1.0
FLSA Franklin FTSE Saudi Arabia ETF 3.0 39 10 0.0 -9.1
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 3.0 59 -10 8.6 -0.5
DFAE Dimensional Emerging Core Equity Market ETF 2.9 35 14 7.0 -2.1
EWT iShares MSCI Taiwan ETF 2.9 58 -9 3.0 -6.0
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 2.9 36 13 7.6 -1.4
OBOR KraneShares MSCI One Belt One Road Index ETF 2.9 79 -30 7.5 -1.5
DEHP Dimensional Emerging Markets High Profitability ETF 2.8 41 8 4.8 -4.3
AVSE Avantis Responsible Emerging Markets Equity ETF 2.8 33 16 6.6 -2.4
OTGL OTG Latin America ETF 2.7 269 -220 7.9 -1.1
AVEM Avantis Emerging Markets Equity ETF 2.7 33 16 7.0 -2.0
DFEM Dimensional Emerging Markets Core Equity 2 ETF 2.6 38 11 7.0 -2.1
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 2.6 32 17 7.4 -1.6
EMGF iShares Emerging Markets Equity Factor ETF 2.5 25 24 8.8 -0.2
EEMS iShares MSCI Emerging Markets Small Cap ETF 2.5 70 -21 6.5 -2.6
FID First Trust S&P International Dividend Aristocrats ETF 2.5 60 -11 7.8 -1.3
JSTC Adasina Social Justice All Cap Global ETF 2.4 89 -40 4.3 -4.7
ACWV iShares MSCI Global Min Vol Factor ETF 2.4 20 29 5.7 -3.3
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 2.4 33 16 6.7 -2.3
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 2.3 41 8 6.9 -2.2
VYMI Vanguard International High Dividend Yield ETF 2.3 17 32 8.1 -1.0
MOTG VanEck Morningstar Global Wide Moat ETF 2.3 52 -3 8.0 -1.1
VIDI Vident International Equity Strategy ETF 2.3 61 -12 8.1 -1.0
QAT iShares MSCI Qatar ETF 2.3 59 -10 44.8 +35.7
GMF SPDR S&P Emerging Asia Pacific ETF 2.3 49 0 8.6 -0.5
ADIV SmartETFs Asia Pacific Dividend Builder ETF 2.3 78 -29 9.7 +0.7
ILF iShares Latin America 40 ETF 2.2 48 1 10.0 +0.9
JADE JPMorgan Active Developing Markets Equity ETF 2.1 65 -16 6.1 -3.0
FLAX Franklin FTSE Asia Ex Japan ETF 2.0 19 30 7.1 -1.9
EEMA iShares MSCI Emerging Markets Asia ETF 2.0 49 0 7.5 -1.5
SDG iShares MSCI Global Sustainable Development Goals ETF 1.9 49 0 4.5 -4.6
EEMO Invesco S&P Emerging Markets Momentum ETF 1.9 29 20 6.6 -2.5
WDIV SPDR S&P Global Dividend ETF 1.9 40 9 9.1 +0.0
EPHE iShares MSCI Philippines ETF 1.8 59 -10 0.0 -9.1
RCGE RockCreek Global Equality ETF 1.8 95 -46 6.2 -2.9
NXTG First Trust Indxx NextG ETF 1.8 70 -21 3.4 -5.6
AVEE Avantis Emerging Markets Small Cap Equity ETF 1.8 42 7 7.6 -1.5
AAXJ iShares MSCI All Country Asia ex Japan ETF 1.7 70 -21 6.9 -2.2
EWX SPDR S&P Emerging Markets Small Cap ETF 1.6 65 -16 6.5 -2.6
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 1.6 95 -46 10.0 +1.0
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 1.6 60 -11 6.6 -2.5
INCO Columbia India Consumer ETF 1.6 75 -26 2.2 -6.8
INDY iShares India 50 ETF 1.6 89 -40 5.4 -3.6
NFTY First Trust India NIFTY 50 Equal Weight ETF 1.6 80 -31 5.0 -4.1
ISHP First Trust Nasdaq Retail ETF 1.5 60 -11 5.5 -3.6
FEM First Trust Emerging Markets AlphaDEX Fund 1.5 80 -31 9.0 -0.1
FCA First Trust China AlphaDEX Fund 1.5 80 -31 7.5 -1.6
GREK Global X MSCI Greece ETF 1.4 57 -8 9.4 +0.4
FLN First Trust Latin America AlphaDEX Fund 1.4 80 -31 10.4 +1.3
EMM Global X Emerging Markets ex-China ETF 1.3 75 -26 4.7 -4.3
IGRO iShares International Dividend Growth ETF 1.3 15 34 6.8 -2.3
BKF iShares MSCI BIC ETF 1.3 69 -20 14.9 +5.8
NUEM Nuveen ESG Emerging Markets Equity ETF 1.2 36 13 6.1 -3.0
ICPY Tweedy, Browne International Insider Value ETF 1.2 80 -31 21.5 +12.5
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 1.2 80 -31 6.9 -2.2
VSGX Vanguard ESG International Stock ETF 1.2 10 39 6.6 -2.5
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.2 41 8 6.0 -3.1
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.1 65 -16 7.3 -1.8
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.1 47 2 7.2 -1.8
VEU Vanguard FTSE All-World ex-US Index Fund 1.1 4 45 6.7 -2.3
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 1.1 80 -31 12.2 +3.1
VXUS Vanguard Total International Stock ETF 1.0 5 44 6.7 -2.4
ACWX iShares MSCI ACWI ex U.S. ETF 1.0 34 15 6.4 -2.7
COPY Tweedy, Browne Insider + Value ETF 1.0 80 -31 14.9 +5.9
IXUS iShares Core MSCI Total International Stock ETF 1.0 7 42 6.6 -2.5
EMC Global X Emerging Markets Great Consumer ETF 1.0 75 -26 7.1 -2.0
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 1.0 20 29 7.4 -1.7
WWJD Inspire International ETF 1.0 80 -31 6.4 -2.7
IQDF FlexShares International Quality Dividend Index Fund 0.9 47 2 7.6 -1.5
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.9 18 31 6.4 -2.7
FEUZ First Trust Eurozone AlphaDEX ETF 0.9 80 -31 6.4 -2.6
BINV Brandes International ETF 0.9 70 -21 8.6 -0.4
FXI iShares China Large-Cap ETF 0.9 74 -25 21.0 +12.0
PIN Invesco India ETF 0.9 78 -29 4.8 -4.2
SDIV Global X Superdividend ETF 0.9 58 -9 13.8 +4.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.8 30 19 6.4 -2.6
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.8 10 39 8.6 -0.4
CWI SPDR MSCI ACWI ex-US ETF 0.8 30 19 6.5 -2.5
GVAL Cambria Global Value ETF 0.8 68 -19 9.0 -0.1
RFDI First Trust Riverfront Dynamic Developed International ETF 0.8 83 -34 7.8 -1.3
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.8 12 37 8.8 -0.3
MCHI iShares MSCI China ETF 0.8 59 -10 20.2 +11.2
RWX SPDR Dow Jones International Real Estate ETF 0.7 59 -10 7.4 -1.7
FLCH Franklin FTSE China ETF 0.7 19 30 18.0 +8.9
PBD Invesco Global Clean Energy ETF 0.7 75 -26 0.2 -8.9
GXC SPDR S & P China ETF 0.7 59 -10 18.6 +9.6
EIDO iShares MSCI Indonesia ETF 0.7 59 -10 12.0 +2.9
IDX VanEck Indonesia Index ETF 0.7 57 -8 11.0 +2.0
INDA iShares MSCI India ETF 0.6 65 -16 4.7 -4.4
FLIN Franklin FTSE India ETF 0.6 19 30 4.2 -4.8
EMIF iShares Emerging Markets Infrastructure ETF 0.6 60 -11 2.9 -6.2
ARVR First Trust Indxx Metaverse ETF 0.6 70 -21 3.6 -5.4
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.6 8 41 6.3 -2.7
GII SPDR S&P Global Infrastructure ETF 0.5 40 9 4.3 -4.8
FEP First Trust Europe AlphaDEX Fund 0.5 80 -31 6.8 -2.3
IGF iShares Global Infrastructure ETF 0.5 41 8 4.2 -4.8
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.5 80 -31 6.7 -2.4
AVRE Avantis Real Estate ETF 0.5 17 32 6.8 -2.3
EPI WisdomTree India Earnings Fund 0.5 85 -36 5.2 -3.9
EPOL iShares MSCI Poland ETF 0.5 59 -10 9.1 +0.1
MEM Matthews Emerging Markets Equity Active ETF 0.5 79 -30 8.5 -0.6
VGSR Vert Global Sustainable Real Estate ETF 0.5 47 2 7.0 -2.1
BLES Inspire Global Hope ETF 0.5 61 -12 5.7 -3.3
DEW WisdomTree Global High Dividend Fund 0.5 58 -9 7.2 -1.8
REET iShares Global REIT ETF 0.4 14 35 7.0 -2.1
VT Vanguard Total World Stock ETF 0.4 6 43 5.0 -4.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.4 20 29 4.7 -4.3
ACWI iShares MSCI ACWI ETF 0.4 32 17 4.6 -4.4
DFGR Dimensional Global Real Estate ETF 0.4 22 27 7.0 -2.1
CLNR IQ Cleaner Transport ETF 0.4 45 4 3.9 -5.1
CGXU Capital Group International Focus Equity ETF 0.4 54 -5 3.8 -5.3
FRGN Horizon International Equity ETF 0.4 75 -26 7.8 -1.3
BRF VanEck Brazil Small-Cap ETF 0.3 66 -17 11.5 +2.4
ECNS iShares MSCI China Small-Cap ETF 0.3 59 -10 9.2 +0.2
EWZS iShares MSCI Brazil Small-Cap ETF 0.3 59 -10 11.8 +2.8
VIGI Vanguard International Dividend Appreciation ETF 0.3 10 39 6.1 -3.0
RWO SPDR Dow Jones Global Real Estate ETF 0.3 50 -1 6.3 -2.7
KLMT Invesco MSCI Global Climate 500 ETF 0.3 10 39 5.0 -4.1
AQLT iShares MSCI Global Quality Factor ETF 0.3 18 31 0.0 -9.1
IPAV Global X Infrastructure Development ex-U.S. ETF 0.3 55 -6 5.7 -3.3
TTAI FCF International Quality ETF 0.3 59 -10 6.8 -2.3
SNSR Global X Internet of Things ETF 0.3 68 -19 3.2 -5.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 40 4.9 -4.2
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.2 12 37 4.4 -4.6
SPRE SP Funds S&P Global REIT Sharia ETF 0.2 55 -6 5.3 -3.7
KXI iShares Global Consumer Staples ETF 0.2 41 8 5.3 -3.7
KNCT Invesco Next Gen Connectivity ETF 0.2 40 9 2.9 -6.1
GLOF iShares Global Equity Factor ETF 0.2 20 29 5.6 -3.5
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.2 32 17 13.7 +4.7
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.2 47 2 5.0 -4.1
GEW Cambria Global EW ETF 0.1 29 20 5.4 -3.6
JPIN J.P. Morgan Diversified Return International Equity ETF 0.1 37 12 7.2 -1.9
DOL WisdomTree International LargeCap Dividend Fund 0.1 48 1 5.7 -3.4
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.1 39 10 7.0 -2.1
IXG iShares Global Financials ETF 0.1 42 7 6.3 -2.8
SCHC Schwab International Small-Cap Equity ETF 0.1 11 38 6.7 -2.4
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.1 24 25 6.9 -2.1
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 0 6.1 -3.0
FNDC Schwab Fundamental International Small Co. Index ETF 0.0 39 10 6.8 -2.2
GGME Invesco Next Gen Media and Gaming ETF 0.0 60 -11 4.4 -4.6
PICK iShares MSCI Global Metals & Mining Producers ETF 0.0 39 10 8.0 -1.1
VPL Vanguard FTSE Pacific ETF 0.0 7 42 5.3 -3.8
WRND IQ Global Equity R&D Leaders ETF 0.0 18 31 4.0 -5.1
VEA Vanguard FTSE Developed Markets ETF 0.0 3 46 6.0 -3.1
VGK Vanguard FTSE Europe ETF 0.0 6 43 6.6 -2.5
SPEU SPDR Portfolio Europe ETF 0.0 7 42 6.5 -2.6
HFXI IQ FTSE International Equity Currency Neutral ETF 0.0 20 29 5.6 -3.4
SCHF Schwab International Equity ETF 0.0 6 43 6.0 -3.1
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 4 6.8 -2.3
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.0 42 7 4.1 -5.0

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 Emerging Markets 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 13.5 %
Divided by: Fwd. P/BV 1.4 x
Less: Expense ratio 49 bp
Equals: ALTAR Score 9.1 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.60 CATEGORY
AVERAGE		 1.53
 
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.