First Trust Bloomberg Emerging Market Democracies ETF
ALTAR
Score™		 6.2% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 17.9x P/Sales
ratio		 2.5x
P/BV
ratio		 2.3x Div.
yield		 1.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
EMDM follows a principles-based index of large- and mid-cap companies located in emerging market countries considered to have electoral democracy. Holdings are weighted based on a combination of governance score and market capitalization.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor First Trust
Website www.ftportfolios.com/Retail/Etf/EtfSummary.aspx?Ticker=EMDM
Inception date Mar 02, 2023
Assets (mns) $40
Currency USD
Expense ratio 75 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Principles-based
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 106
Wgt avg mkt cap (mns) $235,418
Large cap (>$10bn) 94.6%
Mid cap ($2-10bn) 2.1%
Small cap (<$2bn) 0.1%
Developed mkts 0.0%
Emerging mkts 100.0%

TOP TEN HOLDINGS
TAIWAN SEMICONDUCTOR MANUFAC 11.8 %
SAMSUNG ELECTRONICS CO LTD 10.5 %
SK HYNIX INC 6.1 %
GRUPO MEXICO S.A.B. DE C.V. CLASS 4.3 %
ANGLOGOLD ASHANTI LTD 2.5 %
PETROBRAS - PETROLEO BRAS-PR 2.5 %
OTP BANK PLC 2.1 %
GOLD FIELDS LTD 2.0 %
PKO BANK POLSKI SA 2.0 %
NASPERS LTD-N SHS 1.8 %
Total 45.7 %

TOP COUNTRY EXPOSURE
SOUTH KOREA 21.8 %
TAIWAN 18.4 %
SOUTH AFRICA 12.4 %
INDIA 11.9 %
BRAZIL 11.7 %
MEXICO 8.4 %
POLAND 4.8 %
HUNGARY 2.2 %
CHILE 1.4 %
GREECE 1.3 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru September 30)
Year-to-date 1 year 5 years 10 years Since Incep.
33.7% 51.9% -- -- 26.5%

Market Correlations
versus... Beta R-squared
S&P500 1.66 55%
MSCI EAFE 1.52 70%
MSCI Emg. Mkts. 1.10 93%

Technical Indicators
Recent close $42.25
30d moving avg. $40.58
Annualized volatility 16.3%
Short interest (ETF) 2.2%
Relative strength (RSI) 52

Liquidity measures
Avg. volume (thou.) 11
Turnover 1.2%
Bid/Ask (% of price) 0.22%
ADV underlying (mns) $4,190

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 411 potential alternatives to the First Trust Bloomberg Emerging Market Democracies ETF ETF based on the alternatives' overlap in portfolio holdings with EMDM. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EMDM Expense: 75 bp ALTAR Score™: 6.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EMDM
Ticker Fund
Name		 Overlap1
vs EMDM
(%)		 Expense
ratio
(bp)		 Savings
vs EMDM
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EMDM
(%)
FTHF First Trust Emerging Markets Human Flourishing ETF 52.4 75 0 5.4 -0.8
EMXC iShares MSCI Emerging Markets ex China ETF 51.2 25 50 4.9 -1.4
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 48.1 24 51 5.0 -1.2
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 45.4 69 6 7.6 +1.4
EEM iShares MSCI Emerging Markets ETF 45.3 69 6 7.7 +1.5
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 44.7 30 45 7.9 +1.6
XCEM Columbia EM Core ex-China ETF 44.1 16 59 4.8 -1.5
JADE JPMorgan Active Developing Markets Equity ETF 43.8 65 10 5.9 -0.3
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 42.1 15 60 8.0 +1.8
IEMG iShares Core MSCI Emerging Markets ETF 42.0 9 66 8.1 +1.9
AAXJ iShares MSCI All Country Asia ex Japan ETF 41.9 70 5 6.8 +0.5
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 41.8 66 9 7.3 +1.1
ESGE iShares ESG Aware MSCI EM ETF 41.4 25 50 8.1 +1.8
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 41.3 32 43 4.6 -1.6
BKEM BNY Mellon Emerging Markets Equity ETF 41.0 11 64 24.1 +17.8
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 40.9 36 39 7.5 +1.3
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 40.9 32 43 7.6 +1.3
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 40.2 33 42 6.7 +0.4
EEMA iShares MSCI Emerging Markets Asia ETF 39.5 49 26 7.4 +1.2
EMGF iShares Emerging Markets Equity Factor ETF 39.4 25 50 8.8 +2.6
FLAX Franklin FTSE Asia Ex Japan ETF 38.4 19 56 7.0 +0.8
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 37.8 45 30 8.0 +1.7
DFAE Dimensional Emerging Core Equity Market ETF 36.4 35 40 6.9 +0.7
ECON Columbia Emerging Markets Consumer ETF 35.3 49 26 6.4 +0.2
EEMO Invesco S&P Emerging Markets Momentum ETF 35.1 29 46 6.2 -0.1
JHEM John Hancock Multifactor Emerging Markets ETF 35.0 49 26 7.5 +1.2
FDEM Fidelity Emerging Markets Multifactor ETF 34.9 25 50 10.5 +4.3
VEXC Vanguard Emerging Markets Ex-China ETF 34.7 7 68 5.6 -0.6
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 33.6 15 60 8.9 +2.7
AIA iShares Asia 50 ETF 33.0 50 25 7.3 +1.0
DEXC Dimensional Emerging Markets ex China Core EquityETF 32.8 53 22 4.9 -1.4
XCNY SPDR S&P Emerging Markets ex-China ETF 32.7 15 60 5.6 -0.7
FRDM Freedom 100 Emerging Markets ETF 32.0 49 26 5.2 -1.1
EMMF WisdomTree Emerging Markets Multifactor Fund 31.8 48 27 8.6 +2.3
EMM Global X Emerging Markets ex-China ETF 31.3 75 0 4.6 -1.7
MEM Matthews Emerging Markets Equity Active ETF 30.8 79 -4 8.6 +2.3
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 30.7 40 35 6.1 -0.1
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 30.1 88 -13 8.5 +2.3
DFEM Dimensional Emerging Markets Core Equity 2 ETF 29.8 38 37 6.9 +0.7
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 29.8 59 16 8.4 +2.2
LDEM iShares ESG MSCI EM Leaders ETF 29.6 17 58 12.9 +6.6
SCHE Schwab Emerging Markets Equity ETF 29.0 11 64 9.5 +3.2
VWO Vanguard FTSE Emerging Markets ETF 29.0 7 68 9.3 +3.0
PXH Invesco FTSE RAFI Emerging Markets ETF 27.9 49 26 13.4 +7.1
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 27.6 39 36 13.4 +7.2
EMC Global X Emerging Markets Great Consumer ETF 27.1 75 0 7.1 +0.9
EMXF iShares ESG Advanced MSCI EM ETF 27.0 16 59 6.6 +0.3
NUEM Nuveen ESG Emerging Markets Equity ETF 26.7 36 39 5.8 -0.5
PATN Pacer Nasdaq International Patent Leaders ETF 26.5 65 10 4.0 -2.3
SPEM SPDR Portfolio Emerging Markets ETF 26.1 7 68 9.5 +3.3
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 25.6 30 45 7.4 +1.2
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 24.3 41 34 6.8 +0.6
DEHP Dimensional Emerging Markets High Profitability ETF 24.0 41 34 4.8 -1.4
XC WisdomTree Emerging Markets Ex-China Fund 23.7 32 43 6.9 +0.7
KNCT Invesco Next Gen Connectivity ETF 22.0 40 35 2.8 -3.4
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 21.7 50 25 7.9 +1.7
AVEM Avantis Emerging Markets Equity ETF 21.7 33 42 6.9 +0.7
FLLA Franklin FTSE Latin America ETF 21.6 19 56 10.7 +4.4
EWY iShares MSCI South Korea ETF 20.9 58 17 3.1 -3.2
FLKR Franklin FTSE South Korea ETF 20.9 9 66 3.9 -2.3
DFEV Dimensional Emerging Markets Value ETF 19.4 43 32 9.1 +2.8
FLN First Trust Latin America AlphaDEX Fund 18.8 80 -5 10.1 +3.8
AVSE Avantis Responsible Emerging Markets Equity ETF 18.7 33 42 6.5 +0.3
RNEM First Trust Emerging Markets Equity Select ETF 18.5 75 0 8.2 +2.0
AVXC Avantis Emerging Markets Ex-China Equity ETF 18.3 33 42 5.9 -0.3
EWT iShares MSCI Taiwan ETF 18.0 58 17 2.6 -3.7
FLTW Franklin FTSE Taiwan ETF 18.0 19 56 2.9 -3.3
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 17.3 44 31 9.7 +3.5
BKF iShares MSCI BIC ETF 17.1 69 6 15.7 +9.5
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 17.0 25 50 6.0 -0.3
ROAM Hartford Multifactor Emerging Markets ETF 16.9 44 31 7.5 +1.3
VSGX Vanguard ESG International Stock ETF 16.9 10 65 6.6 +0.3
MINV Matthews Asia Innovators Active ETF 16.8 79 -4 5.8 -0.4
GMF SPDR S&P Emerging Asia Pacific ETF 16.6 49 26 8.6 +2.3
ACWX iShares MSCI ACWI ex U.S. ETF 16.4 34 41 6.4 +0.1
CGXU Capital Group International Focus Equity ETF 16.3 54 21 3.8 -2.5
FRGN Horizon International Equity ETF 16.2 75 0 7.9 +1.6
VPL Vanguard FTSE Pacific ETF 15.6 7 68 5.0 -1.3
JIG JPMorgan International Growth ETF 15.6 55 20 3.6 -2.6
GXUS Goldman Sachs MarketBeta Total International Equity ETF 15.5 18 57 6.4 +0.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 14.8 41 34 5.9 -0.3
ILF iShares Latin America 40 ETF 14.8 48 27 9.7 +3.4
VEU Vanguard FTSE All-World ex-US Index Fund 14.8 4 71 6.7 +0.5
UMMA Wahed Dow Jones Islamic World ETF 14.5 65 10 3.5 -2.7
IXUS iShares Core MSCI Total International Stock ETF 14.2 7 68 6.6 +0.4
EVLU iShares MSCI Emerging Markets Value Factor ETF 14.1 35 40 10.0 +3.8
VXUS Vanguard Total International Stock ETF 13.9 5 70 6.6 +0.4
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 13.5 42 33 4.2 -2.1
DOL WisdomTree International LargeCap Dividend Fund 13.1 48 27 5.6 -0.6
IXN iShares Global Tech ETF 12.9 41 34 2.5 -3.8
DEM WisdomTree Emerging Markets High Dividend Fund 12.9 63 12 10.1 +3.8
IQDY FlexShares International Quality Dividend Dynamic Index Fund 12.6 47 28 7.2 +1.0
NFTY First Trust India NIFTY 50 Equal Weight ETF 12.3 80 -5 5.4 -0.9
IQDF FlexShares International Quality Dividend Index Fund 12.0 47 28 7.5 +1.3
INDY iShares India 50 ETF 11.8 89 -14 5.7 -0.5
INDA iShares MSCI India ETF 11.8 65 10 4.9 -1.3
FLBR Franklin FTSE Brazil ETF 11.0 19 56 11.2 +5.0
OAIM OneAscent International Equity ETF 10.7 95 -20 4.4 -1.9
EWZ iShares MSCI Brazil ETF 10.5 58 17 10.2 +3.9
FLIN Franklin FTSE India ETF 10.5 19 56 4.4 -1.8
AIS VistaShares Artificial Intelligence Supercycle ETF 10.5 75 0 0.8 -5.4
DVYE iShares Emerging Markets Dividend ETF 10.4 49 26 17.8 +11.5
IMFL Invesco International Developed Dynamic Multifactor ETF 10.3 34 41 5.3 -0.9
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 10.0 90 -15 3.3 -3.0
CHAT Roundhill Generative AI & Technology ETF 10.0 75 0 4.0 -2.2
EPI WisdomTree India Earnings Fund 9.8 85 -10 5.5 -0.7
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 9.8 45 30 6.8 +0.6
UEVM VictoryShares Emerging Markets Value Momentum ETF 9.2 45 30 9.9 +3.6
JIVE JPMorgan International Value ETF 8.9 55 20 8.1 +1.9
FLMX Franklin FTSE Mexico ETF 8.8 19 56 9.7 +3.4
EWW iShares MSCI Mexico ETF 8.8 50 25 9.1 +2.9
EZA iShares MSCI South Africa ETF 8.8 58 17 9.9 +3.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 8.7 30 45 6.4 +0.2
PIEL Pacer International Export Leaders ETF 8.6 60 15 4.1 -2.1
AFK VanEck Africa Index ETF 8.5 98 -23 11.2 +5.0
HFXI IQ FTSE International Equity Currency Neutral ETF 8.5 20 55 5.6 -0.6
ECOW Pacer Emerging Markets Cash Cows 100 ETF 8.3 70 5 9.9 +3.7
AIVC Amplify Bloomberg AI Value Chain ETF 8.2 59 16 3.3 -2.9
ARTY iShares Future AI & Tech ETF 8.1 47 28 2.2 -4.0
DINT Davis Select International ETF 8.0 55 20 6.4 +0.2
FEM First Trust Emerging Markets AlphaDEX Fund 8.0 80 -5 8.7 +2.5
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 7.8 80 -5 7.1 +0.9
EYLD Cambria Emerging Shareholder Yield ETF 7.7 66 9 8.8 +2.5
CWI SPDR MSCI ACWI ex-US ETF 7.6 30 45 6.4 +0.2
WTAI WisdomTree Artificial Intelligence and Innovation Fund 7.6 45 30 1.8 -4.5
VYMI Vanguard International High Dividend Yield ETF 7.6 17 58 8.0 +1.8
AQLT iShares MSCI Global Quality Factor ETF 7.5 18 57 0.0 -6.2
PICK iShares MSCI Global Metals & Mining Producers ETF 7.4 39 36 8.3 +2.1
WRND IQ Global Equity R&D Leaders ETF 7.2 18 57 4.0 -2.3
GMET VanEck Green Metals ETF 7.1 63 12 0.8 -5.4
AGIX KraneShares Artificial Intelligence and Technology ETF 7.1 99 -24 1.0 -5.2
IGPT Invesco AI and Next Gen Software ETF 6.9 60 15 2.2 -4.0
KLMT Invesco MSCI Global Climate 500 ETF 6.7 10 65 4.9 -1.3
SCHF Schwab International Equity ETF 6.7 6 69 5.9 -0.3
AVES Avantis Emerging Markets Value ETF 6.7 36 39 9.0 +2.7
FBOT Fidelity Disruptive Automation ETF 6.6 50 25 2.9 -3.4
EELV Invesco S&P Emerging Markets Low Volatility ETF 6.6 29 46 9.2 +2.9
CGGO Capital Group Global Growth Equity ETF 6.5 47 28 4.1 -2.1
FNDF Schwab Fundamental International Large Co. Index ETF 6.2 25 50 7.4 +1.1
VEA Vanguard FTSE Developed Markets ETF 6.2 3 72 5.9 -0.3
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 6.1 60 15 9.6 +3.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 6.1 20 55 4.7 -1.5
AIQ Global X Artificial Intelligence & Technology ETF 6.0 68 7 2.7 -3.6
ACWI iShares MSCI ACWI ETF 5.9 32 43 4.6 -1.6
DWLD Davis Select Worldwide ETF 5.9 63 12 7.4 +1.1
CHPX Global X AI Semiconductor & Quantum ETF 5.9 50 25 1.5 -4.7
SDEM Global X MSCI SuperDividend Emerging Markets ETF 5.8 67 8 12.5 +6.3
CARZ First Trust NASDAQ Global Auto Index Fund 5.7 70 5 2.4 -3.9
NDIA Global X India Active ETF 5.6 75 0 5.5 -0.8
ICOP iShares Copper and Metals Mining ETF 5.4 47 28 5.4 -0.8
FEOE First Eagle Overseas Equity ETF 5.4 79 -4 6.2 -0.0
IDHQ Invesco S&P International Developed High Quality ETF 5.4 29 46 5.1 -1.1
CLNR IQ Cleaner Transport ETF 5.4 45 30 4.0 -2.2
WWJD Inspire International ETF 5.3 80 -5 6.5 +0.2
NXTG First Trust Indxx NextG ETF 5.3 70 5 3.4 -2.9
IGRO iShares International Dividend Growth ETF 5.3 15 60 6.8 +0.6
GTEK Goldman Sachs Future Tech Leaders Equity ETF 5.2 75 0 1.7 -4.5
VT Vanguard Total World Stock ETF 5.2 6 69 5.0 -1.2
GVAL Cambria Global Value ETF 5.1 68 7 8.4 +2.1
FMET Fidelity Metaverse ETF 5.0 39 36 4.3 -2.0
FDT First Trust Developed Markets ex-US AlphaDEX Fund 5.0 80 -5 6.8 +0.5
EPOL iShares MSCI Poland ETF 4.8 59 16 8.5 +2.2
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 4.7 12 63 4.5 -1.8
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 4.6 46 29 7.8 +1.6
GLOF iShares Global Equity Factor ETF 4.5 20 55 5.5 -0.8
ABLG Abacus FCF International Leaders ETF 4.4 59 16 6.8 +0.6
OTGL OTG Latin America ETF 4.3 269 -194 8.0 +1.7
FEGE First Eagle Global Equity ETF 4.2 79 -4 6.1 -0.1
JSTC Adasina Social Justice All Cap Global ETF 4.2 89 -14 4.3 -1.9
EDOG ALPS Emerging Sector Dividend Dogs ETF 4.1 60 15 11.1 +4.9
AGQI First Trust Active Global Quality Income ETF 4.1 85 -10 6.5 +0.2
TINY ProShares Nanotechnology ETF 4.1 58 17 1.3 -4.9
ACWV iShares MSCI Global Min Vol Factor ETF 4.0 20 55 5.8 -0.5
RGEF Rockefeller Global Equity ETF 4.0 55 20 3.8 -2.5
BAI iShares AI Innovation and Tech Active ETF 3.9 55 20 0.9 -5.3
DTCR Global X Data Center & Digital Infrastructure ETF 3.8 50 25 3.6 -2.6
UIVM VictoryShares International Value Momentum ETF 3.8 35 40 8.1 +1.9
EPU iShares MSCI Peru and Global Exposure ETF 3.6 59 16 4.3 -1.9
XT iShares Exponential Technologies ETF 3.4 46 29 3.8 -2.4
SPDW SPDR Portfolio Developed World ex-US ETF 3.3 3 72 5.8 -0.4
BATT Amplify Lithium & Battery Technology ETF 3.2 59 16 2.1 -4.1
JPIN J.P. Morgan Diversified Return International Equity ETF 3.1 37 38 7.2 +0.9
LEGR First Trust Indxx Innovative Transaction & Process ETF 3.1 65 10 7.4 +1.1
BLES Inspire Global Hope ETF 3.0 61 14 5.9 -0.4
DSTX Distillate International Fundamental Stability & Value ETF 3.0 55 20 6.7 +0.5
VIDI Vident International Equity Strategy ETF 2.9 61 14 8.2 +2.0
IDOG ALPS International Sector Dividend Dogs ETF 2.9 50 25 9.6 +3.4
GKAT Scharf Global Opportunity ETF 2.8 57 18 6.0 -0.3
EDIV SPDR S&P Emerging Markets Dividend ETF 2.7 49 26 9.4 +3.2
SDIV Global X Superdividend ETF 2.7 58 17 14.6 +8.4
TRFK Pacer Data and Digital Revolution ETF 2.7 60 15 1.8 -4.5
PIN Invesco India ETF 2.6 78 -3 5.5 -0.8
MOTG VanEck Morningstar Global Wide Moat ETF 2.5 52 23 8.1 +1.9
TPIF Timothy Plan International ETF 2.4 62 13 5.7 -0.6
IQM Franklin Intelligent Machines ETF 2.4 50 25 1.1 -5.1
ANEW ProShares MSCI Transformational Changes ETF 2.4 45 30 4.2 -2.0
IPAV Global X Infrastructure Development ex-U.S. ETF 2.4 55 20 6.2 -0.0
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 2.3 80 -5 3.9 -2.4
MXI iShares Global Materials ETF 2.3 41 34 6.1 -0.1
VIGI Vanguard International Dividend Appreciation ETF 2.2 10 65 6.1 -0.1
IOO iShares Global 100 ETF 2.2 41 34 3.8 -2.4
MOTI VanEck Morningstar International Moat ETF 2.1 58 17 10.5 +4.3
HAP VanEck Natural Resources ETF 2.1 50 25 6.6 +0.4
DGT State Street SPDR Global Dow ETF 2.1 50 25 5.7 -0.5
JGLO JPMorgan Global Select Equity ETF 2.1 33 42 4.3 -1.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 2.0 9 66 4.8 -1.4
RING iShares MSCI Global Gold Miners ETF 2.0 39 36 3.5 -2.7
FDNI First Trust Dow Jones International Internet ETF 2.0 65 10 28.0 +21.7
INCO Columbia India Consumer ETF 2.0 75 0 2.3 -3.9
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.9 65 10 1.3 -5.0
QTUM Defiance Quantum ETF 1.9 40 35 3.6 -2.6
BRAZ Global X Brazil Active ETF 1.8 75 0 10.1 +3.9
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.8 24 51 7.1 +0.8
CCNR ALPS CoreCommodity Natural Resources ETF 1.8 39 36 8.4 +2.2
FDD First Trust Stoxx European Select Dividend Index Fund 1.8 58 17 10.1 +3.9
CRAK VanEck Oil Refiners ETF 1.8 61 14 6.9 +0.7
OBOR KraneShares MSCI One Belt One Road Index ETF 1.7 79 -4 7.3 +1.1
IXG iShares Global Financials ETF 1.7 42 33 6.2 -0.1
SCHY Schwab International Dividend Equity ETF 1.7 14 61 8.8 +2.6
GCOW Pacer Global Cash Cows Dividend ETF 1.7 60 15 9.6 +3.4
GLIN VanEck India Growth Leaders ETF 1.6 77 -2 5.9 -0.3
ION ProShares S&P Global Core Battery Metals ETF 1.6 58 17 7.2 +0.9
DEW WisdomTree Global High Dividend Fund 1.4 58 17 7.4 +1.1
IBAT iShares Energy Storage & Materials ETF 1.4 47 28 1.6 -4.7
RCGE RockCreek Global Equality ETF 1.4 95 -20 6.3 +0.0
CGGR Capital Group Growth ETF 1.4 39 36 2.6 -3.6
ECH iShares MSCI Chile ETF 1.3 58 17 8.2 +2.0
GREK Global X MSCI Greece ETF 1.3 57 18 8.4 +2.2
ROBO ROBO Global Robotics & Automation Index ETF 1.3 95 -20 2.4 -3.9
FPXI First Trust International Equity Opportunities ETF 1.3 70 5 4.2 -2.0
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 1.3 60 15 6.8 +0.5
SNSR Global X Internet of Things ETF 1.3 68 7 3.3 -3.0
FDTX Fidelity Disruptive Technology ETF 1.3 50 25 1.4 -4.8
OCEN IQ Clean Oceans ETF 1.2 45 30 4.7 -1.6
JHDV John Hancock U.S. High Dividend ETF 1.2 34 41 6.0 -0.2
CZA Invesco Zacks Mid-Cap ETF 1.2 72 3 6.1 -0.2
DGIN VanEck Digital India ETF 1.2 71 4 1.5 -4.7
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 1.2 47 28 5.3 -1.0
EXI iShares Global Industrials ETF 1.2 42 33 3.7 -2.5
FKU First Trust United Kingdom AlphaDEX Fund 1.1 80 -5 7.3 +1.1
COLO Global X MSCI Colombia ETF 1.1 62 13 14.2 +8.0
FPXE First Trust IPOX Europe Equity Opportunities ETF 1.1 70 5 4.3 -2.0
COPA Themes Copper Miners ETF 1.1 35 40 2.9 -3.3
GDIV Harbor Dividend Growth Leaders ETF 1.1 50 25 4.2 -2.1
FXZ First Trust Materials AlphaDEX Fund 1.1 61 14 7.1 +0.8
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 1.1 49 26 4.5 -1.8
FFTY Innovator IBD 50 ETF 1.1 80 -5 0.1 -6.1
SETM Sprott Energy Transition Materials ETF 1.1 65 10 2.0 -4.2
ABFL Abacus FCF Leaders ETF 1.1 59 16 4.1 -2.1
COPX Global X Copper Miners ETF 1.1 65 10 4.1 -2.1
CCSO Carbon Collective Climate Solutions US Equity ETF 1.1 35 40 1.1 -5.1
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 1.1 56 19 7.1 +0.8
QMOM Alpha Architect U.S. Quantitative Momentum ETF 1.1 39 36 1.2 -5.0
ACEP ARS Core Equity ETF 1.1 45 30 4.1 -2.1
STRN SMART Trend 25 ETF 1.1 59 16 2.5 -3.8
IYM iShares U.S. Basic Materials ETF 1.1 40 35 4.6 -1.6
AGMI Themes Silver Miners ETF 1.1 35 40 4.1 -2.2
BOUT Innovator IBD Breakout Opportunities ETF 1.1 81 -6 3.3 -3.0
CGV Conductor Global Equity Value ETF 1.1 130 -55 7.9 +1.6
FFND Future Fund Active ETF 1.1 100 -25 4.5 -1.8
FDLS Inspire Fidelis Multi Factor ETF 1.0 76 -1 3.2 -3.1
RFDA RiverFront Dynamic US Dividend Advantage ETF 1.0 52 23 5.2 -1.1
ADIV SmartETFs Asia Pacific Dividend Builder ETF 0.9 78 -3 9.5 +3.2
JXI iShares Global Utilities ETF 0.9 43 32 5.7 -0.5
CGIE Capital Group International Equity ETF 0.9 54 21 4.6 -1.6
FFOG Franklin Focused Growth ETF 0.9 61 14 1.6 -4.7
SMOG VanEck Low Carbon Energy ETF 0.9 61 14 1.4 -4.9
PBD Invesco Global Clean Energy ETF 0.9 75 0 0.4 -5.9
KXI iShares Global Consumer Staples ETF 0.9 41 34 5.7 -0.6
TMAT Main Thematic Innovation ETF 0.8 164 -89 -1.9 -8.2
VUSE Vident U.S. Equity Strategy ETF 0.8 50 25 3.8 -2.5
PTL Inspire 500 ETF 0.8 9 66 4.6 -1.6
FPAG FPA Global Equity ETF 0.8 49 26 5.8 -0.5
METV Roundhill Ball Metaverse ETF 0.8 59 16 7.3 +1.0
DWX SPDR S&P International Dividend ETF 0.8 45 30 7.0 +0.7
CGDG Capital Group Dividend Growers ETF 0.8 47 28 5.4 -0.9
BINV Brandes International ETF 0.7 70 5 8.7 +2.4
RXI iShares Global Consumer Discretionary ETF 0.7 41 34 9.1 +2.8
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 0.7 58 17 9.2 +3.0
RNRG Global X Renewable Energy Producers ETF 0.7 66 9 5.2 -1.1
VCLN Virtus Duff & Phelps Clean Energy ETF 0.7 59 16 2.8 -3.4
POW VistaShares Electrification Supercycle ETF 0.7 75 0 2.3 -3.9
YNOT Horizon Digital Frontier ETF 0.7 75 0 2.5 -3.8
FEP First Trust Europe AlphaDEX Fund 0.7 80 -5 7.2 +1.0
FCLD Fidelity Cloud Computing ETF 0.6 39 36 2.6 -3.6
GEW Cambria Global EW ETF 0.6 29 46 5.4 -0.8
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.6 86 -11 14.9 +8.6
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 0.6 86 -11 0.3 -5.9
FFLC Fidelity Fundamental Large Cap Core ETF 0.6 38 37 3.9 -2.3
QDF FlexShares Quality Dividend Index Fund 0.6 37 38 5.4 -0.8
GQI Natixis Gateway Quality Income ETF 0.5 34 41 4.7 -1.6
FTAG First Trust Indxx Global Agriculture ETF 0.5 70 5 7.3 +1.0
SRVR Pacer Data & Infrastructure Real Estate ETF 0.4 55 20 4.7 -1.5
HUMN Roundhill Humanoid Robotics ETF 0.4 75 0 1.5 -4.8
BBEU JPMorgan BetaBuilders Europe ETF 0.4 9 66 6.5 +0.2
MOTO SmartETFs Smart Transportation & Technology ETF 0.4 68 7 5.6 -0.6
AFLG First Trust Active Factor Large Cap ETF 0.4 55 20 5.0 -1.2
DIVI Franklin International Core Dividend Tilt Index ETF 0.4 9 66 6.6 +0.4
QDEF FlexShares Quality Dividend Defensive Index Fund 0.4 37 38 5.5 -0.8
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.4 18 57 7.1 +0.9
INQQ India Internet & Ecommerce ETF 0.4 86 -11 0.6 -5.6
IQSI IQ Candriam International Equity ETF 0.4 15 60 5.6 -0.7
VGK Vanguard FTSE Europe ETF 0.4 6 69 6.8 +0.6
PIO Invesco Global Water ETF 0.4 75 0 4.7 -1.6
EFRA iShares Environmental Infrastructure and Industrials ETF 0.4 47 28 5.3 -1.0
CGW Invesco S&P Global Water Index ETF 0.4 57 18 4.7 -1.5
FLEE Franklin FTSE Europe ETF 0.4 9 66 6.6 +0.3
IDRV iShares Self-driving EV & Tech ETF 0.4 47 28 1.7 -4.5
SPEU SPDR Portfolio Europe ETF 0.4 7 68 6.8 +0.5
GNR SPDR S&P Global Natural Resources ETF 0.4 40 35 8.3 +2.1
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.4 65 10 8.3 +2.1
FMDE Fidelity Enhanced Mid Cap ETF 0.3 23 52 5.4 -0.8
FNDA Schwab Fundamental US Small Co. Index ETF 0.3 25 50 6.3 +0.1
BFOR ALPS Barron's 400 ETF 0.3 65 10 22.1 +15.9
GSID Goldman Sachs MarketBeta International Equity ETF 0.3 20 55 5.9 -0.3
SHLD Global X Defense Tech ETF 0.2 50 25 3.4 -2.8
ICPY Tweedy, Browne International Insider Value ETF 0.2 80 -5 20.9 +14.7
COPY Tweedy, Browne Insider + Value ETF 0.2 80 -5 14.7 +8.5
SDG iShares MSCI Global Sustainable Development Goals ETF 0.2 49 26 4.8 -1.5
EQAL Invesco Russell 1000 Equal Weight ETF 0.2 20 55 6.3 +0.1
SFY SoFi Select 500 ETF 0.2 0 75 3.7 -2.6
TNUK Tortoise Nuclear Renaissance ETF 0.2 75 0 1.0 -5.2
URA Global X Uranium ETF 0.2 69 6 1.2 -5.1
GINN Goldman Sachs Innovate Equity ETF 0.2 52 23 3.7 -2.6
BKIE BNY Mellon International Equity ETF 0.2 4 71 18.1 +11.9
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 63 4.9 -1.4
CTEC Global X CleanTech ETF 0.2 50 25 0.0 -6.2
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.2 39 36 1.2 -5.0
LIT Global X Lithium & Battery Tech ETF 0.2 75 0 5.9 -0.4
DRIV Global X Autonomous & Electric Vehicles ETF 0.2 68 7 3.6 -2.7
EV Mast Global Battery Recycling & Production ETF 0.2 65 10 6.4 +0.2
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.2 72 3 2.8 -3.5
JMOM JPMorgan U.S. Momentum Factor ETF 0.2 12 63 3.3 -3.0
FDCF Fidelity Disruptive Communications ETF 0.2 50 25 1.8 -4.5
ISHP First Trust Nasdaq Retail ETF 0.2 60 15 5.8 -0.5
IXP iShares Global Comm Services ETF 0.2 42 33 5.9 -0.3
SOCL Global X Social Media ETF 0.2 65 10 14.2 +7.9
IHAK iShares Cybersecurity & Tech ETF 0.2 47 28 3.1 -3.2
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.2 9 66 5.3 -1.0
AGNG Global X Aging Population ETF 0.2 50 25 4.4 -1.9
IXJ iShares Global Healthcare ETF 0.2 42 33 6.3 +0.0
IDV iShares International Select Dividend ETF 0.2 51 24 9.7 +3.4
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.2 58 17 3.6 -2.6
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.2 56 19 10.0 +3.8
VFMO Vanguard U.S. Momentum Factor ETF 0.2 13 62 1.7 -4.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.2 39 36 7.0 +0.8
VYM Vanguard High Dividend Yield Index ETF 0.2 6 69 6.3 +0.1
EQIN Columbia US Equity Income ETF 0.2 35 40 6.3 +0.1
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.2 14 61 4.2 -2.1
FNDC Schwab Fundamental International Small Co. Index ETF 0.2 39 36 6.7 +0.5
VSLU Applied Finance Valuation Large Cap ETF 0.1 49 26 4.9 -1.3
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 60 4.6 -1.6
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 65 4.2 -2.0
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 26 6.1 -0.2
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.1 29 46 4.1 -2.2
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.1 25 50 5.5 -0.7
DUHP Dimensional US High Profitability ETF 0.1 21 54 5.4 -0.9
XMAG Defiance Large Cap ex-Mag 7 ETF 0.1 35 40 4.3 -1.9
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 66 4.1 -2.1
LRGF iShares U.S. Equity Factor ETF 0.1 8 67 4.6 -1.7
MNZL Manzil Russell Halal USA Broad MarketETF 0.1 40 35 3.8 -2.5
ILCV iShares Morningstar Value ETF 0.1 4 71 5.3 -1.0
IWX iShares Russell Top 200 Value ETF 0.1 20 55 4.8 -1.4
NACP Impact Shares NAACP Minority Empowerment ETF 0.1 49 26 3.6 -2.7
HLAL Wahed FTSE USA Shariah ETF 0.1 50 25 3.5 -2.8
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.1 9 66 4.4 -1.9
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 56 5.1 -1.2
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 63 5.3 -0.9
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.1 32 43 3.9 -2.3
DFVX Dimensional US Large Cap Vector ETF 0.0 22 53 5.3 -0.9
IWD iShares Russell 1000 Value ETF 0.0 19 56 5.3 -1.0
VONV Vanguard Russell 1000 Value ETF 0.0 7 68 5.4 -0.9
RAUS RACWI US ETF 0.0 15 60 4.1 -2.1
IWL iShares Russell Top 200 ETF 0.0 15 60 3.9 -2.4
DIVB iShares Core Dividend ETF 0.0 5 70 6.7 +0.5
VOTE TCW Transform 500 ETF 0.0 5 70 4.1 -2.1
BKLC BNY Mellon US Large Cap Core Equity ETF 0.0 0 75 12.5 +6.2
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 46 5.7 -0.6
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.0 2 73 4.2 -2.1
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.0 7 68 4.1 -2.2
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 64 4.2 -2.1
GXLC Global X U.S. 500 ETF 0.0 2 73 4.1 -2.2
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 58 6.7 +0.4
ILCB iShares Morningstar U.S. Equity ETF 0.0 3 72 4.1 -2.1
DFUS Dimensional U.S. Equity ETF 0.0 9 66 4.1 -2.2
VONE Vanguard Russell 1000 ETF 0.0 7 68 4.2 -2.0
IWB iShares Russell 1000 ETF 0.0 15 60 4.2 -2.1
VTHR Vanguard Russell 3000 ETF 0.0 7 68 4.1 -2.1
IWV iShares Russell 3000 ETF 0.0 20 55 4.0 -2.2
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 58 4.7 -1.5
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.0 20 55 6.2 -0.1
DFAU Dimensional US Core Equity Market ETF 0.0 12 63 4.3 -1.9
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 33 4.0 -2.3
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.0 25 50 4.9 -1.3
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.0 42 33 7.6 +1.4
JHML John Hancock Multifactor Large Cap ETF 0.0 29 46 4.5 -1.7
PRF Invesco FTSE RAFI US 1000 ETF 0.0 34 41 5.6 -0.7
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 50 6.2 -0.1
EBI Longview Advantage ETF 0.0 35 40 5.9 -0.3
DFIV Dimensional International Value ETF 0.0 27 48 7.8 +1.6
DCOR Dimensional US Core Equity 1 ETF 0.0 14 61 4.6 -1.6
IWY iShares Russell Top 200 Growth ETF 0.0 20 55 3.7 -2.5
IWF iShares Russell 1000 Growth ETF 0.0 19 56 15.1 +8.8
VONG Vanguard Russell 1000 Growth ETF 0.0 7 68 3.8 -2.5
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 57 4.7 -1.6
AVSD Avantis Responsible International Equity ETF 0.0 23 52 6.0 -0.2
AVDE Avantis International Equity ETF 0.0 23 52 6.3 +0.0
DXUV Dimensional US Vector Equity ETF 0.0 28 47 5.2 -1.0
GPT Intelligent Alpha Atlas ETF 0.0 69 6 6.1 -0.2
DFIC Dimensional International Core Equity 2 ETF 0.0 23 52 6.3 +0.1
DFAI Dimensional International Core Equity Market ETF 0.0 18 57 6.1 -0.1

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:		 First Trust Bloomberg Emerging Market Democracies 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 14.8 %
Divided by: Fwd. P/BV 2.1 x
Less: Expense ratio 75 bp
Equals: ALTAR Score 6.2 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.50 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.