Fidelity International Value Factor ETF
ALTAR
Score™		 7.7% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 13.5x P/Sales
ratio		 1.0x
P/BV
ratio		 1.5x Div.
yield		 3.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Fidelity International Value Factor ETF tracks a multi-factor index of large- and midcap value stocks from developed markets, ex-US.

FUND BASICS
Category International Equities
Fund Sponsor Fidelity
Website screener.fidelity.com
Inception date Jan 16, 2018
Assets (mns) $371
Currency USD
Expense ratio 18 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 126
Wgt avg mkt cap (mns) $93,758
Large cap (>$10bn) 88.3%
Mid cap ($2-10bn) 10.3%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
BARRICK MINING CORP 2.6 %
ASML HOLDING NV 2.5 %
FRESNILLO PLC 1.9 %
HSBC HOLDINGS PLC 1.7 %
NESTLE SA-REG 1.6 %
TOYOTA MOTOR CORP 1.5 %
LVMH MOET HENNESSY LOUIS VUI 1.5 %
BANCO SANTANDER SA 1.4 %
ROCHE HOLDING AG-BR 1.4 %
TORONTO-DOMINION BANK 1.4 %
Total 17.5 %

TOP COUNTRY EXPOSURE
JAPAN 22.0 %
BRITAIN 14.7 %
CANADA 11.8 %
FRANCE 10.9 %
SWITZERLAND 7.2 %
GERMANY 6.3 %
AUSTRALIA 4.3 %
NETHERLANDS 3.4 %
DENMARK 3.0 %
SWEDEN 3.0 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
11.2% 47.3% 14.7% -- 8.7%

Market Correlations
versus... Beta R-squared
S&P500 0.65 59%
MSCI EAFE 0.97 94%
MSCI Emg. Mkts. 0.72 63%

Technical Indicators
Recent close $35.34
30d moving avg. $35.65
Annualized volatility 14.0%
Short interest (ETF) 0.5%
Relative strength (RSI) 49

Liquidity measures
Avg. volume (thou.) 183
Turnover 1.8%
Bid/Ask (% of price) 0.11%
ADV underlying (mns) $9,121

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 476 potential alternatives to the Fidelity International Value Factor ETF ETF based on the alternatives' overlap in portfolio holdings with FIVA. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FIVA Expense: 18 bp ALTAR Score™: 7.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FIVA
Ticker Fund
Name		 Overlap1
vs FIVA
(%)		 Expense
ratio
(bp)		 Savings
vs FIVA
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs FIVA
(%)
DIVI Franklin International Core Dividend Tilt Index ETF 38.2 9 9 6.8 -0.9
IVLU iShares MSCI Intl Value Factor ETF 37.0 30 -12 8.3 +0.6
FENI Fidelity Enhanced International ETF 36.4 28 -10 6.0 -1.7
JIRE JPMorgan International Research Enhanced Equity ETF 36.1 24 -6 6.0 -1.7
DOL WisdomTree International LargeCap Dividend Fund 34.6 48 -30 6.0 -1.8
BBEU JPMorgan BetaBuilders Europe ETF 33.5 9 9 6.4 -1.3
STXI Strive International Developed Markets ETF 33.0 29 -11 6.2 -1.6
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 32.8 25 -7 6.5 -1.2
FLEE Franklin FTSE Europe ETF 32.5 9 9 6.5 -1.3
DBEU Xtrackers MSCI Europe Hedged Equity ETF 32.4 46 -28 5.7 -2.1
GSID Goldman Sachs MarketBeta International Equity ETF 31.5 20 -2 6.1 -1.7
EFV iShares MSCI EAFE Value ETF 31.3 34 -16 7.7 -0.0
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 31.2 36 -18 5.5 -2.2
BKIE BNY Mellon International Equity ETF 30.5 4 14 6.2 -1.5
HFXI IQ FTSE International Equity Currency Neutral ETF 30.1 20 -2 6.0 -1.8
LVHI Franklin International Low Volatility High Dividend Index ET 30.0 40 -22 7.4 -0.3
IVSI Applied Finance IVS International LrgETF 29.9 65 -47 6.3 -1.5
EFA iShares MSCI EAFE ETF 28.9 35 -17 5.9 -1.8
CEFA Global X S&P Catholic Values Developed ex-US ETF 28.3 35 -17 5.9 -1.8
JHMD John Hancock Multifactor Developed International ETF 28.3 39 -21 6.3 -1.4
IEV iShares Europe ETF 28.1 67 -49 6.1 -1.7
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 27.4 20 -2 5.7 -2.0
JHID John Hancock International High Dividend ETF 27.3 46 -28 8.1 +0.3
GSIE Goldman Sachs ActiveBeta International Equity ETF 27.2 25 -7 6.3 -1.4
ESGD iShares ESG Aware MSCI EAFE ETF 27.1 20 -2 6.0 -1.8
DWM WisdomTree International Equity Fund 26.8 48 -30 5.8 -2.0
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 26.4 40 -22 5.8 -2.0
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 26.2 45 -27 7.1 -0.6
IQSI IQ Candriam International Equity ETF 25.9 15 3 5.8 -1.9
IEUR iShares Core MSCI Europe ETF 25.8 11 7 6.6 -1.2
RFDI First Trust Riverfront Dynamic Developed International ETF 25.7 83 -65 7.9 +0.2
VGK Vanguard FTSE Europe ETF 25.7 6 12 6.8 -1.0
QEFA SPDR MSCI EAFE StrategicFactors ETF 25.6 30 -12 6.2 -1.6
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 25.4 20 -2 5.8 -1.9
SPEU SPDR Portfolio Europe ETF 25.3 7 11 6.7 -1.1
IEFA iShares Core MSCI EAFE ETF 25.1 7 11 6.3 -1.5
FNDF Schwab Fundamental International Large Co. Index ETF 25.1 25 -7 7.8 +0.1
INTF iShares International Equity Factor ETF 24.9 15 3 6.6 -1.1
FIDI Fidelity International High Dividend ETF 24.6 18 0 7.2 -0.6
VYMI Vanguard International High Dividend Yield ETF 24.3 17 1 8.2 +0.5
QINT American Century Quality Diversified International ETF 24.3 39 -21 6.8 -0.9
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 24.1 14 4 5.6 -2.2
VWID Virtus WMC International Dividend ETF 24.0 49 -31 7.4 -0.3
IDEV iShares Core MSCI International Developed Markets ETF 23.6 4 14 6.2 -1.5
FRGN Horizon International Equity ETF 23.5 75 -57 8.6 +0.9
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 22.8 58 -40 7.6 -0.2
IMTM iShares MSCI Intl Momentum Factor ETF 22.8 30 -12 4.9 -2.8
UIVM VictoryShares International Value Momentum ETF 22.5 35 -17 8.4 +0.7
SPDW SPDR Portfolio Developed World ex-US ETF 22.4 3 15 6.2 -1.6
SCHF Schwab International Equity ETF 22.1 6 12 6.3 -1.4
VEA Vanguard FTSE Developed Markets ETF 22.1 3 15 6.3 -1.5
EZU iShares MSCI Eurozone ETF 22.0 52 -34 5.9 -1.8
DTH WisdomTree International High Dividend Fund 21.8 58 -40 7.4 -0.4
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 21.3 45 -27 5.9 -1.9
PPIE Putnam PanAgora ESG International Equity ETF 21.2 49 -31 6.7 -1.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 21.1 41 -23 6.4 -1.4
DFIV Dimensional International Value ETF 21.1 27 -9 7.9 +0.2
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 21.0 12 6 5.5 -2.2
GXUS Goldman Sachs MarketBeta Total International Equity ETF 20.9 18 0 6.7 -1.0
NUDM Nuveen ESG International Developed Markets Equity ETF 20.7 31 -13 5.8 -1.9
CWI SPDR MSCI ACWI ex-US ETF 20.7 30 -12 6.8 -0.9
DIHP Dimensional International High Profitability ETF 20.5 29 -11 5.9 -1.9
IQDF FlexShares International Quality Dividend Index Fund 20.5 47 -29 8.0 +0.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 20.4 39 -21 7.2 -0.5
FDEV Fidelity International Multifactor ETF 20.4 18 0 7.1 -0.6
IQLT iShares MSCI Intl Quality Factor ETF 20.1 30 -12 5.6 -2.1
GCOW Pacer Global Cash Cows Dividend ETF 19.8 60 -42 9.0 +1.3
DFAI Dimensional International Core Equity Market ETF 19.6 18 0 6.2 -1.5
INEQ Columbia International Equity Income ETF 19.3 45 -27 7.7 -0.0
RODM Hartford Multifactor Developed Markets (ex-US) ETF 19.3 29 -11 7.1 -0.6
CGIE Capital Group International Equity ETF 19.2 54 -36 4.8 -3.0
IQDG WisdomTree International Quality Dividend Growth Fund 19.2 42 -24 5.9 -1.8
ACWX iShares MSCI ACWI ex U.S. ETF 18.9 34 -16 6.7 -1.0
IGRO iShares International Dividend Growth ETF 18.8 15 3 6.9 -0.9
FEZ SPDR EURO STOXX 50 ETF 18.5 29 -11 6.0 -1.7
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 18.5 58 -40 5.5 -2.2
ICOW Pacer Developed Markets International Cash Cows 100 ETF 18.3 65 -47 7.9 +0.2
CIL VictoryShares International Volatility Wtd ETF 18.3 45 -27 5.8 -2.0
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 18.2 32 -14 5.3 -2.4
IDHQ Invesco S&P International Developed High Quality ETF 18.0 29 -11 5.9 -1.9
OEFA ALPS O’Shares International Developed Quality Dividend ETF 17.8 48 -30 4.6 -3.2
FEP First Trust Europe AlphaDEX Fund 17.7 80 -62 7.0 -0.7
VEU Vanguard FTSE All-World ex-US Index Fund 17.5 4 14 7.1 -0.6
IQDY FlexShares International Quality Dividend Dynamic Index Fund 17.4 47 -29 7.8 +0.1
DGT State Street SPDR Global Dow ETF 17.4 50 -32 6.0 -1.7
EFG iShares MSCI EAFE Growth ETF 17.4 36 -18 4.0 -3.8
EUDG WisdomTree Europe Quality Dividend Growth Fund 17.3 58 -40 6.5 -1.2
IPAC iShares Core MSCI Pacific ETF 17.2 9 9 5.7 -2.0
AVIV Avantis International Large Cap Value ETF 17.2 25 -7 7.1 -0.7
DWMF WisdomTree International Multifactor Fund 17.2 38 -20 6.6 -1.1
DMXF iShares ESG Advanced MSCI EAFE ETF 16.9 12 6 5.2 -2.5
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 16.7 25 -7 5.7 -2.0
JPXN iShares JPX-Nikkei 400 ETF 16.6 48 -30 5.7 -2.1
JPIN J.P. Morgan Diversified Return International Equity ETF 16.5 37 -19 7.2 -0.6
EWJ iShares MSCI Japan ETF 16.5 50 -32 5.2 -2.5
EWJV iShares MSCI Japan Value ETF 16.3 15 3 7.1 -0.6
BBJP JPMorgan BetaBuilders Japan ETF 16.3 19 -1 5.6 -2.2
PATN Pacer Nasdaq International Patent Leaders ETF 16.2 65 -47 5.0 -2.8
IXUS iShares Core MSCI Total International Stock ETF 16.2 7 11 6.9 -0.8
VXUS Vanguard Total International Stock ETF 16.1 5 13 7.0 -0.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 16.1 39 -21 6.3 -1.4
DBJP Xtrackers MSCI Japan Hedged Equity ETF 16.0 47 -29 5.0 -2.8
VSGX Vanguard ESG International Stock ETF 15.8 10 8 7.1 -0.6
IMFL Invesco International Developed Dynamic Multifactor ETF 15.7 34 -16 5.4 -2.4
DTAN Sparkline International Intangible Value ETF 15.7 55 -37 7.4 -0.3
EFAV iShares MSCI EAFE Min Vol Factor ETF 15.3 22 -4 5.5 -2.2
DEW WisdomTree Global High Dividend Fund 15.3 58 -40 7.4 -0.4
UMMA Wahed Dow Jones Islamic World ETF 15.2 65 -47 4.1 -3.6
VPL Vanguard FTSE Pacific ETF 15.0 7 11 5.8 -2.0
FLJP Franklin FTSE Japan ETF 14.9 9 9 5.7 -2.1
FLJH Franklin FTSE Japan Hedged ETF 14.8 9 9 5.4 -2.3
DXJ WisdomTree Japan Hedged Equity Fund 14.6 48 -30 5.5 -2.2
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 14.5 9 9 7.6 -0.1
FEUZ First Trust Eurozone AlphaDEX ETF 14.3 80 -62 6.7 -1.0
IDMO Invesco S&P International Developed Momentum ETF 14.0 25 -7 5.4 -2.3
TPIF Timothy Plan International ETF 13.8 62 -44 5.6 -2.1
AVDE Avantis International Equity ETF 13.7 23 -5 6.4 -1.4
DFIC Dimensional International Core Equity 2 ETF 13.7 23 -5 6.4 -1.3
AVSD Avantis Responsible International Equity ETF 13.6 23 -5 6.2 -1.5
CGXU Capital Group International Focus Equity ETF 13.1 54 -36 4.3 -3.5
FICS First Trust International Developed Capital Strength ETF 12.6 70 -52 6.8 -0.9
PIEL Pacer International Export Leaders ETF 12.6 60 -42 4.6 -3.2
EFAD ProShares MSCI EAFE Dividend Growers ETF 12.5 50 -32 5.8 -1.9
IXG iShares Global Financials ETF 12.3 42 -24 6.6 -1.2
IDOG ALPS International Sector Dividend Dogs ETF 12.3 50 -32 9.3 +1.5
CGGO Capital Group Global Growth Equity ETF 12.1 47 -29 4.6 -3.1
IDLV Invesco S&P International Developed Low Volatility ETF 12.1 25 -7 6.3 -1.4
EUFN iShares MSCI Europe Financials ETF 12.1 51 -33 7.4 -0.3
FKU First Trust United Kingdom AlphaDEX Fund 12.1 80 -62 7.4 -0.3
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 12.0 42 -24 4.3 -3.5
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 11.6 65 -47 4.3 -3.4
OSEA Harbor International Compounders ETF 11.4 55 -37 4.3 -3.5
DXIV Dimensional International Vector Equity ETF 11.4 34 -16 6.7 -1.0
BBCA JPMorgan BetaBuilders Canada ETF 11.2 19 -1 5.6 -2.1
DFSI Dimensional International Sustainability Core 1 ETF 11.2 24 -6 5.8 -1.9
VIGI Vanguard International Dividend Appreciation ETF 10.9 10 8 6.2 -1.5
LEGR First Trust Indxx Innovative Transaction & Process ETF 10.9 65 -47 8.0 +0.2
HEDJ WisdomTree Europe Hedged Equity Fund 10.9 58 -40 6.2 -1.5
FLCA Franklin FTSE Canada ETF 10.8 9 9 5.7 -2.1
EWQ iShares MSCI France ETF 10.8 53 -35 6.6 -1.1
QWLD SPDR MSCI World StrategicFactors ETF 10.7 30 -12 5.3 -2.4
ESGG FlexShares STOXX Global ESG Select Index Fund 10.6 42 -24 4.5 -3.2
FDT First Trust Developed Markets ex-US AlphaDEX Fund 10.6 80 -62 7.1 -0.6
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 10.5 24 -6 7.0 -0.7
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 10.3 80 -62 5.4 -2.3
IOO iShares Global 100 ETF 10.2 41 -23 4.2 -3.5
SCHY Schwab International Dividend Equity ETF 9.9 14 4 8.3 +0.6
CGDG Capital Group Dividend Growers ETF 9.9 47 -29 5.3 -2.5
IDV iShares International Select Dividend ETF 9.8 51 -33 9.1 +1.4
FLGB Franklin FTSE United Kingdom ETF 9.7 9 9 6.8 -1.0
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 9.7 80 -62 3.7 -4.0
BKCI BNY Mellon Concentrated International ETF 9.6 80 -62 5.1 -2.7
GEW Cambria Global EW ETF 9.6 29 -11 5.7 -2.1
EUDV ProShares MSCI Europe Dividend Growers ETF 9.5 55 -37 5.7 -2.0
WRND IQ Global Equity R&D Leaders ETF 9.2 18 0 4.4 -3.3
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 8.8 46 -28 7.2 -0.5
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 8.8 58 -40 5.6 -2.2
FEOE First Eagle Overseas Equity ETF 8.8 79 -61 6.3 -1.4
DFAX Dimensional World ex U.S. Core Equity 2 ETF 8.7 30 -12 6.7 -1.0
TTAI FCF International Quality ETF 8.4 59 -41 6.6 -1.1
EXI iShares Global Industrials ETF 8.3 42 -24 3.7 -4.0
ICPY Tweedy, Browne International Insider Value ETF 8.3 80 -62 22.4 +14.7
RXI iShares Global Consumer Discretionary ETF 8.0 41 -23 8.3 +0.6
URTH iShares MSCI World ETF 7.9 24 -6 4.7 -3.1
IVAL Alpha Architect International Quantitative Value ETF 7.9 49 -31 7.8 +0.1
AQLT iShares MSCI Global Quality Factor ETF 7.9 18 0 0.0 -7.7
KOKU Xtrackers MSCI Kokusai Equity ETF 7.8 9 9 4.7 -3.0
EWU iShares MSCI United Kingdom ETF 7.8 50 -32 7.1 -0.6
WLDR Affinity World Leaders Equity ETF 7.7 67 -49 6.6 -1.1
WWJD Inspire International ETF 7.7 80 -62 6.5 -1.3
KLMT Invesco MSCI Global Climate 500 ETF 7.7 10 8 5.4 -2.4
FEGE First Eagle Global Equity ETF 7.6 79 -61 6.2 -1.5
FJP First Trust Japan AlphaDEX Fund 7.5 80 -62 7.5 -0.2
JGLO JPMorgan Global Select Equity ETF 7.5 33 -15 4.5 -3.2
DSTX Distillate International Fundamental Stability & Value ETF 7.4 55 -37 6.7 -1.0
CLNR IQ Cleaner Transport ETF 7.4 45 -27 3.9 -3.9
OAIM OneAscent International Equity ETF 7.3 95 -77 4.9 -2.9
FLSW Franklin FTSE Switzerland ETF 7.2 9 9 5.9 -1.9
AIVI WisdomTree International AI Enhanced Value Fund 7.2 58 -40 6.4 -1.3
VIDI Vident International Equity Strategy ETF 7.2 61 -43 8.7 +1.0
GLOF iShares Global Equity Factor ETF 7.1 20 -2 6.0 -1.7
IPKW Invesco International BuyBack Achievers ETF 7.1 55 -37 8.2 +0.5
DWX SPDR S&P International Dividend ETF 7.1 45 -27 6.8 -1.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 7.1 9 9 5.2 -2.5
EPP iShares MSCI Pacific ex-Japan ETF 7.0 47 -29 5.0 -2.7
ACWI iShares MSCI ACWI ETF 7.0 32 -14 5.1 -2.7
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 7.0 19 -1 5.4 -2.3
TOK iShares MSCI Kokusai ETF 6.8 26 -8 4.6 -3.1
FID First Trust S&P International Dividend Aristocrats ETF 6.8 60 -42 8.0 +0.3
COPY Tweedy, Browne Insider + Value ETF 6.7 80 -62 15.6 +7.9
AGQI First Trust Active Global Quality Income ETF 6.7 85 -67 6.7 -1.1
GVAL Cambria Global Value ETF 6.4 68 -50 9.2 +1.5
DAX Global X DAX Germany ETF 6.3 21 -3 6.4 -1.3
EWG iShares MSCI Germany ETF 6.3 50 -32 6.2 -1.6
FLGR Franklin FTSE Germany ETF 6.3 9 9 6.8 -1.0
SAGP Strategas Global Policy Opportunities ETF 6.3 65 -47 4.8 -2.9
VT Vanguard Total World Stock ETF 6.2 6 12 5.4 -2.3
KOCG FIS Knights of Columbus Global Belief ETF 6.1 75 -57 4.4 -3.4
IXJ iShares Global Healthcare ETF 6.1 42 -24 6.3 -1.4
RCGE RockCreek Global Equality ETF 6.0 95 -77 6.3 -1.4
WDIV SPDR S&P Global Dividend ETF 5.9 40 -22 9.4 +1.7
GNR SPDR S&P Global Natural Resources ETF 5.9 40 -22 8.0 +0.3
FDD First Trust Stoxx European Select Dividend Index Fund 5.9 58 -40 10.2 +2.5
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 5.7 25 -7 5.9 -1.9
FGD First Trust Dow Jones Global Select Dividend Index Fund 5.5 56 -38 10.0 +2.2
XT iShares Exponential Technologies ETF 5.5 46 -28 4.4 -3.3
BINV Brandes International ETF 5.5 70 -52 8.7 +1.0
EWC iShares MSCI Canada ETF 5.5 50 -32 5.3 -2.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 5.3 20 -2 5.1 -2.6
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 5.3 47 -29 5.0 -2.7
EWL iShares MSCI Switzerland ETF 5.2 50 -32 5.6 -2.1
FYLD Cambria Foreign Shareholder Yield ETF 5.1 59 -41 10.3 +2.5
GLBL Pacer MSCI World Industry Advantage ETF 5.0 65 -47 3.9 -3.9
FGM First Trust Germany AlphaDEX Fund 5.0 80 -62 5.1 -2.6
GINN Goldman Sachs Innovate Equity ETF 4.9 52 -34 4.1 -3.6
MOTO SmartETFs Smart Transportation & Technology ETF 4.8 68 -50 6.1 -1.7
HAP VanEck Natural Resources ETF 4.7 50 -32 6.5 -1.2
IPAV Global X Infrastructure Development ex-U.S. ETF 4.5 55 -37 6.0 -1.7
NXTG First Trust Indxx NextG ETF 4.5 70 -52 4.7 -3.0
PICK iShares MSCI Global Metals & Mining Producers ETF 4.5 39 -21 8.5 +0.8
EFAS Global X MSCI SuperDividend EAFE ETF 4.4 57 -39 7.4 -0.4
OCEN IQ Clean Oceans ETF 4.3 45 -27 4.5 -3.2
EWA iShares MSCI Australia ETF 4.3 50 -32 5.4 -2.4
FLAU Franklin FTSE Australia ETF 4.3 9 9 5.9 -1.8
RGEF Rockefeller Global Equity ETF 4.2 55 -37 4.2 -3.6
MOTI VanEck Morningstar International Moat ETF 4.2 58 -40 9.8 +2.0
ACWV iShares MSCI Global Min Vol Factor ETF 4.2 20 -2 5.7 -2.0
ITOL Tema International Durable Quality ETF 4.2 60 -42 5.2 -2.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 4.1 12 6 4.8 -3.0
GDX VanEck Gold Miners ETF 4.1 51 -33 2.5 -5.2
DIM WisdomTree International MidCap Dividend Fund 4.1 58 -40 6.4 -1.4
WBAT WisdomTree Battery Value Chain and Innovation Fund 4.0 45 -27 -0.9 -8.7
DINT Davis Select International ETF 4.0 55 -37 6.4 -1.4
SDG iShares MSCI Global Sustainable Development Goals ETF 4.0 49 -31 4.7 -3.0
BLES Inspire Global Hope ETF 4.0 61 -43 6.1 -1.7
DIVS SmartETFs Dividend Builder ETF 4.0 65 -47 4.7 -3.1
JIG JPMorgan International Growth ETF 4.0 55 -37 3.9 -3.9
MXI iShares Global Materials ETF 3.9 41 -23 6.0 -1.8
CZAR Themes Natural Monopoly ETF 3.9 35 -17 5.5 -2.3
GSIB Themes Global Systemically Important Banks ETF 3.9 35 -17 9.3 +1.5
CARZ First Trust NASDAQ Global Auto Index Fund 3.7 70 -52 3.1 -4.6
DRIV Global X Autonomous & Electric Vehicles ETF 3.7 68 -50 3.8 -4.0
IXC iShares Global Energy ETF 3.6 44 -26 6.9 -0.8
IXN iShares Global Tech ETF 3.6 41 -23 3.4 -4.3
AUAU Global X Gold Miners ETF 3.5 35 -17 2.2 -5.5
IQRA IQ CBRE Real Assets ETF 3.4 65 -47 5.9 -1.9
KXI iShares Global Consumer Staples ETF 3.4 41 -23 5.2 -2.5
CCNR ALPS CoreCommodity Natural Resources ETF 3.4 39 -21 8.0 +0.2
EWN iShares MSCI Netherlands ETF 3.4 50 -32 5.1 -2.7
AGNG Global X Aging Population ETF 3.4 50 -32 4.2 -3.6
DVYA iShares Asia/Pacific Dividend ETF 3.4 49 -31 7.1 -0.7
IXP iShares Global Comm Services ETF 3.3 42 -24 5.8 -2.0
JXI iShares Global Utilities ETF 3.3 43 -25 4.9 -2.9
HART IQ Healthy Hearts ETF 3.3 45 -27 5.7 -2.0
TINY ProShares Nanotechnology ETF 3.3 58 -40 1.8 -6.0
FSZ First Trust Switzerland AlphaDEX Fund 3.2 80 -62 5.2 -2.6
WDNA WisdomTree BioRevolution Fund 3.2 45 -27 -2.3 -10.0
JDOC JPMorgan Healthcare Leaders ETF 3.2 65 -47 3.6 -4.2
CRTC Xtrackers US National Critical Technologies ETF 3.1 35 -17 4.4 -3.3
PID Invesco International Dividend Achievers ETF 3.1 53 -35 4.1 -3.7
EDEN iShares MSCI Denmark ETF 3.0 53 -35 6.6 -1.2
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 2.9 60 -42 3.4 -4.3
FAN First Trust Global Wind Energy ETF 2.9 60 -42 2.8 -5.0
IDNA iShares Genomics Immunology and Healthcare ETF 2.8 47 -29 -0.3 -8.0
IGE iShares North American Natural Resources ETF 2.8 41 -23 5.4 -2.3
MOTG VanEck Morningstar Global Wide Moat ETF 2.7 52 -34 7.8 +0.1
DWLD Davis Select Worldwide ETF 2.7 63 -45 7.1 -0.7
IMOM Alpha Architect International Quantitative Momentum ETF 2.7 49 -31 4.4 -3.4
EWP iShares MSCI Spain ETF 2.7 50 -32 6.1 -1.6
BMED Future Health ETF 2.6 85 -67 1.2 -6.5
AFK VanEck Africa Index ETF 2.6 98 -80 11.1 +3.3
GOAU U.S. Global GO GOLD and Precious Metal Miners ETF 2.6 60 -42 1.9 -5.9
RAYJ Rayliant SMDAM Japan Equity ETF 2.6 72 -54 3.3 -4.4
QTUM Defiance Quantum ETF 2.6 40 -22 4.9 -2.8
KNCT Invesco Next Gen Connectivity ETF 2.5 40 -22 4.0 -3.7
LOUP Innovator Deepwater Frontier Tech ETF 2.5 70 -52 1.2 -6.5
AIVC Amplify Bloomberg AI Value Chain ETF 2.5 59 -41 5.2 -2.6
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 2.5 65 -47 1.7 -6.0
GINX SGI Enhanced Global Income ETF 2.4 98 -80 7.0 -0.8
AIA iShares Asia 50 ETF 2.4 50 -32 9.5 +1.8
HRTS Tema Heart & Health ETF 2.4 75 -57 2.9 -4.8
MBOX Freedom Day Dividend ETF 2.3 39 -21 7.2 -0.5
ROBO ROBO Global Robotics & Automation Index ETF 2.2 95 -77 2.9 -4.9
URA Global X Uranium ETF 2.2 69 -51 0.8 -7.0
POW VistaShares Electrification Supercycle ETF 2.2 75 -57 2.5 -5.3
KNO AXS Knowledge Leaders ETF 2.2 78 -60 4.7 -3.1
ION ProShares S&P Global Core Battery Metals ETF 2.1 58 -40 5.5 -2.3
VCLN Virtus Duff & Phelps Clean Energy ETF 2.1 59 -41 2.7 -5.1
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 2.1 58 -40 3.8 -3.9
FBOT Fidelity Disruptive Automation ETF 2.1 50 -32 3.3 -4.5
AIRL Themes Airlines ETF 2.1 35 -17 1.6 -6.2
SMOG VanEck Low Carbon Energy ETF 2.1 61 -43 1.3 -6.4
CVAR Cultivar ETF 2.0 87 -69 7.1 -0.6
FPXE First Trust IPOX Europe Equity Opportunities ETF 2.0 70 -52 4.1 -3.6
EWI iShares MSCI Italy ETF 2.0 50 -32 10.9 +3.2
FDRR Fidelity Dividend ETF for Rising Rates 2.0 15 3 6.2 -1.5
JADE JPMorgan Active Developing Markets Equity ETF 1.9 65 -47 6.7 -1.0
EWH iShares MSCI Hong Kong ETF 1.9 50 -32 5.0 -2.7
SIL Global X Silver Miners ETF 1.9 65 -47 1.5 -6.2
SLVP iShares MSCI Global Silver Miners ETF 1.9 39 -21 3.6 -4.1
AGMI Themes Silver Miners ETF 1.9 35 -17 3.7 -4.0
IBOT Vaneck Robotics ETF 1.8 47 -29 3.8 -3.9
AAXJ iShares MSCI All Country Asia ex Japan ETF 1.8 70 -52 7.9 +0.2
EV Mast Global Battery Recycling & Production ETF 1.8 65 -47 6.2 -1.5
GII SPDR S&P Global Infrastructure ETF 1.8 40 -22 4.1 -3.6
IGF iShares Global Infrastructure ETF 1.8 41 -23 4.1 -3.6
NEWZ StockSnips AI-Powered Sentiment US All Cap ETF 1.8 65 -47 5.2 -2.5
TIIV AAM Todd International Intrinsic Value ETF 1.8 54 -36 9.9 +2.2
EWD iShares MSCI Sweden ETF 1.8 54 -36 5.2 -2.6
VRAI Virtus Real Asset Income ETF 1.8 55 -37 8.5 +0.8
NDIV Amplify Natural Resources Dividend Income ETF 1.7 59 -41 10.7 +3.0
ISHP First Trust Nasdaq Retail ETF 1.7 60 -42 5.5 -2.2
EIPX FT Energy Income Partners Strategy ETF 1.7 95 -77 5.7 -2.0
ERTH Invesco MSCI Sustainable Future ETF 1.7 62 -44 3.1 -4.6
FLAX Franklin FTSE Asia Ex Japan ETF 1.6 19 -1 8.1 +0.3
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 1.6 80 -62 8.0 +0.3
BULD Pacer BlueStar Engineering the Future ETF 1.6 60 -42 0.5 -7.3
PAWZ ProShares Pet Care ETF 1.6 50 -32 3.9 -3.8
HYDR Global X Hydrogen ETF 1.5 50 -32 -7.4 -15.1
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.5 12 6 8.5 +0.8
FINE Themes European Luxury ETF 1.5 35 -17 3.7 -4.0
AKRE Akre Focus ETF 1.5 106 -88 4.3 -3.4
FTAG First Trust Indxx Global Agriculture ETF 1.5 70 -52 6.9 -0.8
MOO VanEck Agribusiness ETF 1.5 53 -35 8.4 +0.7
JETS U.S. Global Jets ETF 1.5 60 -42 2.8 -4.9
ANEW ProShares MSCI Transformational Changes ETF 1.4 45 -27 4.8 -3.0
HTEC ROBO Global Healthcare Technology and Innovation ETF 1.4 68 -50 2.6 -5.2
ACSI American Customer Satisfaction ETF 1.4 65 -47 5.0 -2.7
AIQ Global X Artificial Intelligence & Technology ETF 1.4 68 -50 3.6 -4.2
PRNT 3D Printing ETF 1.4 66 -48 1.5 -6.2
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 1.4 46 -28 5.0 -2.7
JSTC Adasina Social Justice All Cap Global ETF 1.4 89 -71 4.8 -2.9
TRFK Pacer Data and Digital Revolution ETF 1.4 60 -42 2.8 -4.9
QUVU Hartford Quality Value ETF 1.3 46 -28 5.9 -1.9
FPXI First Trust International Equity Opportunities ETF 1.3 70 -52 4.3 -3.4
DISV Dimensional International Small Cap Value ETF 1.3 42 -24 8.4 +0.6
BWEB Bitwise Web3 ETF 1.3 85 -67 -0.0 -7.8
OZEM Roundhill GLP-1 & Weight Loss ETF 1.3 59 -41 5.2 -2.6
THNR Amplify Weight Loss Drug & Treatment ETF 1.3 59 -41 5.7 -2.1
ASEA Global X FTSE Southeast Asia ETF 1.3 65 -47 5.5 -2.2
EWS iShares MSCI Singapore ETF 1.3 50 -32 4.2 -3.5
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 1.2 33 -15 7.5 -0.2
CANC Tema Oncology ETF 1.2 75 -57 -2.4 -10.2
AGIX KraneShares Artificial Intelligence and Technology ETF 1.2 99 -81 1.6 -6.1
TMFG Motley Fool Global Opportunities ETF 1.1 85 -67 4.0 -3.8
CCSO Carbon Collective Climate Solutions US Equity ETF 1.1 35 -17 1.0 -6.8
ABIG Argent Large Cap ETF 1.1 49 -31 4.7 -3.0
FFF Founders 100 ETF 1.1 75 -57 2.9 -4.9
BATT Amplify Lithium & Battery Technology ETF 1.1 59 -41 2.0 -5.8
COPX Global X Copper Miners ETF 1.1 65 -47 4.5 -3.3
ICOP iShares Copper and Metals Mining ETF 1.1 47 -29 5.8 -1.9
COPA Themes Copper Miners ETF 1.1 35 -17 3.4 -4.3
SILJ ETFMG Prime Junior Silver Miners ETF 1.1 69 -51 0.3 -7.4
CTEC Global X CleanTech ETF 1.1 50 -32 -0.0 -7.7
FRNW Fidelity Clean Energy ETF 1.1 39 -21 1.9 -5.8
ICLN iShares Global Clean Energy ETF 1.1 41 -23 2.0 -5.7
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 1.1 79 -61 4.2 -3.6
ETEC iShares Breakthrough Environmental Solutions ETF 1.1 47 -29 3.0 -4.7
BLOK Amplify Transformational Data Sharing ETF 1.1 75 -57 -0.0 -7.8
BNGE First Trust S-Network Streaming and Gaming ETF 1.1 70 -52 3.0 -4.7
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 1.1 75 -57 3.9 -3.8
METV Roundhill Ball Metaverse ETF 1.1 59 -41 8.8 +1.1
ARVR First Trust Indxx Metaverse ETF 1.1 70 -52 4.5 -3.3
STCE Schwab Crypto Thematic ETF 1.1 30 -12 3.2 -4.6
GVLU Gotham 1000 Value ETF 1.0 50 -32 8.4 +0.6
DTEC ALPS Disruptive Technologies ETF 1.0 50 -32 4.0 -3.8
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.0 61 -43 1.5 -6.3
TOLL Tema Durable Quality ETF 1.0 75 -57 4.3 -3.5
HUMN Roundhill Humanoid Robotics ETF 1.0 75 -57 1.5 -6.2
EFNL iShares MSCI Finland ETF 1.0 56 -38 6.0 -1.8
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 1.0 75 -57 5.8 -1.9
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.0 10 8 8.4 +0.7
FFND Future Fund Active ETF 0.9 100 -82 4.7 -3.1
WTAI WisdomTree Artificial Intelligence and Innovation Fund 0.9 45 -27 2.8 -5.0
RVRB Reverb ETF 0.9 30 -12 4.3 -3.4
GQRE FlexShares Global Quality Real Estate Index Fund 0.9 45 -27 7.6 -0.1
IFGL iShares International Developed Real Estate ETF 0.9 48 -30 7.3 -0.5
DFNL Davis Select Financial ETF 0.9 63 -45 7.7 -0.0
FDNI First Trust Dow Jones International Internet ETF 0.9 65 -47 23.8 +16.0
FPAG FPA Global Equity ETF 0.9 49 -31 6.2 -1.5
PRAY FIS Christian Stock Fund 0.9 69 -51 4.1 -3.6
CLOD Themes Cloud Computing ETF 0.9 35 -17 3.7 -4.0
CGUS Capital Group Core Equity ETF 0.9 33 -15 3.9 -3.8
CGDV Capital Group Dividend Value ETF 0.9 33 -15 4.2 -3.5
UDI USCF Dividend Income Fund 0.9 65 -47 6.8 -1.0
SWP SWP Growth & Income ETF 0.9 99 -81 4.4 -3.3
DVGR DAC 3D Dividend Growth ETF 0.9 65 -47 5.0 -2.7
VUSV Vanguard Wellington U.S. Value Active ETF 0.9 30 -12 6.0 -1.7
FVD First Trust Value Line Dividend Index Fund 0.9 65 -47 5.7 -2.0
PBD Invesco Global Clean Energy ETF 0.9 75 -57 0.3 -7.4
ABLD Abacus FCF Real Assets Leaders ETF 0.9 69 -51 6.3 -1.4
NANR SPDR S&P North American Natural Resources ETF 0.9 35 -17 6.0 -1.7
NVIR Horizon Kinetics Energy and Remediation ETF 0.9 85 -67 5.0 -2.7
FTWO Strive FAANG 2.0 ETF 0.9 49 -31 3.7 -4.1
DIVY Sound Equity Dividend Income ETF 0.9 45 -27 8.3 +0.5
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 0.9 49 -31 8.0 +0.3
EIPI FT Energy Income Partners Enhanced Income ETF 0.9 110 -92 5.2 -2.5
EWO iShares MSCI Austria ETF 0.8 50 -32 8.3 +0.6
BOAT SonicShares Global Shipping ETF 0.8 69 -51 21.1 +13.4
SLX VanEck Steel ETF 0.8 56 -38 11.6 +3.9
SUPL ProShares Supply Chain Logistics ETF 0.8 58 -40 8.0 +0.3
SHPP Pacer Industrials and Logistics ETF 0.8 60 -42 7.3 -0.4
GTEK Goldman Sachs Future Tech Leaders Equity ETF 0.8 75 -57 2.5 -5.2
FNDC Schwab Fundamental International Small Co. Index ETF 0.8 39 -21 7.0 -0.8
ARTY iShares Future AI & Tech ETF 0.8 47 -29 3.6 -4.2
ERET iShares Environmentally Aware Real Estate ETF 0.8 30 -12 7.1 -0.7
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.8 39 -21 1.2 -6.6
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 0.8 88 -70 8.8 +1.1
SNSR Global X Internet of Things ETF 0.8 68 -50 4.3 -3.4
IVRS iShares Future Metaverse Tech and Communications ETF 0.8 47 -29 5.5 -2.2
AIS VistaShares Artificial Intelligence Supercycle ETF 0.7 75 -57 1.8 -5.9
BUYZ Franklin Disruptive Commerce ETF 0.7 50 -32 2.5 -5.3
FIDU Fidelity MSCI Industrial Index ETF 0.7 8 10 3.8 -4.0
ARKX ARK Space Exploration & Innovation ETF 0.7 75 -57 0.1 -7.7
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.7 72 -54 2.2 -5.5
LIT Global X Lithium & Battery Tech ETF 0.7 75 -57 5.3 -2.4
KLMN Invesco MSCI North America Climate ETF 0.7 9 9 4.7 -3.1
IBUY Amplify Online Retail ETF 0.7 65 -47 2.4 -5.4
EIRL iShares MSCI Ireland ETF 0.7 50 -32 7.8 +0.1
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.7 85 -67 2.7 -5.1
VEGI iShares MSCI Agriculture Producers ETF 0.7 39 -21 7.3 -0.5
CGV Conductor Global Equity Value ETF 0.6 130 -112 7.7 -0.1
GKAT Scharf Global Opportunity ETF 0.6 57 -39 6.0 -1.7
DFIS Dimensional International Small Cap ETF 0.6 39 -21 6.3 -1.4
AVRE Avantis Real Estate ETF 0.6 17 1 7.1 -0.7
BLDG Cambria Global Real Estate ETF 0.6 60 -42 11.9 +4.1
QLV FlexShares US Quality Low Volatility Index Fund 0.6 22 -4 5.1 -2.6
RWX SPDR Dow Jones International Real Estate ETF 0.6 59 -41 7.2 -0.5
VGSR Vert Global Sustainable Real Estate ETF 0.6 47 -29 7.4 -0.3
GOP Unusual Whales Subversive Republican Trading ETF 0.5 50 -32 4.7 -3.0
FBCV Fidelity Blue Chip Value ETF 0.5 59 -41 6.1 -1.6
ISCF iShares International SmallCap Equity Factor ETF 0.5 23 -5 7.4 -0.3
RWO SPDR Dow Jones Global Real Estate ETF 0.5 50 -32 6.6 -1.1
BUZZ VanEck Social Sentiment ETF 0.5 75 -57 -0.7 -8.4
AKAF The Frontier Economic Fund 0.5 20 -2 5.2 -2.5
REET iShares Global REIT ETF 0.5 14 4 7.3 -0.4
DFGR Dimensional Global Real Estate ETF 0.4 22 -4 7.4 -0.4
BYRE Principal Real Estate Active Opportunities ETF 0.4 65 -47 7.4 -0.4
EIS iShares MSCI Israel ETF 0.4 58 -40 6.6 -1.1
FCLD Fidelity Cloud Computing ETF 0.4 39 -21 4.0 -3.7
CGGR Capital Group Growth ETF 0.4 39 -21 2.8 -5.0
CZA Invesco Zacks Mid-Cap ETF 0.4 72 -54 6.2 -1.6
TRFM AAM Transformers ETF 0.4 49 -31 1.2 -6.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.4 49 -31 6.2 -1.5
EWUS iShares MSCI United Kingdom Small Cap ETF 0.3 59 -41 7.6 -0.1
MDEV First Trust Indxx Medical Devices ETF 0.3 70 -52 4.9 -2.8
RUNN Running Oak Efficient Growth ETF 0.3 58 -40 4.8 -3.0
ENOR iShares MSCI Norway ETF 0.3 53 -35 7.3 -0.5
NORW Global X MSCI Norway ETF 0.3 50 -32 7.3 -0.5
IEUS iShares MSCI Europe Small-Cap ETF 0.3 42 -24 7.0 -0.7
YNOT Horizon Digital Frontier ETF 0.3 75 -57 3.0 -4.8
AVMC Avantis U.S. Mid Cap Equity ETF 0.3 18 0 6.3 -1.4
SRVR Pacer Data & Infrastructure Real Estate ETF 0.3 55 -37 3.9 -3.9
IBLC iShares Blockchain and Tech ETF 0.2 47 -29 -1.4 -9.2
APIE ActivePassive International Equity ETF 0.2 45 -27 6.7 -1.0
PRXV Praxis Impact Large Cap Value ETF 0.2 36 -18 5.9 -1.8
PRXG Praxis Impact Large Cap Growth ETF 0.2 36 -18 3.5 -4.3
AVDV Avantis International Small Cap Value ETF 0.2 36 -18 8.0 +0.2
IGPT Invesco AI and Next Gen Software ETF 0.2 60 -42 3.7 -4.0
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 0.2 40 -22 6.9 -0.8
FDVV Fidelity High Dividend ETF 0.2 15 3 7.1 -0.6
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.2 80 -62 9.3 +1.6
AVDS Avantis International Small Cap Equity ETF 0.1 30 -12 6.2 -1.5
SCZ iShares MSCI EAFE Small-Cap ETF 0.1 40 -22 6.4 -1.4
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.1 7 11 4.7 -3.0
PBUS Invesco MSCI USA ETF 0.1 4 14 4.6 -3.2
SCHC Schwab International Small-Cap Equity ETF 0.1 11 7 6.8 -1.0
IUS Invesco RAFI Strategic US ETF 0.1 19 -1 6.1 -1.7
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 8 10 6.5 -1.2
WSML iShares MSCI World Small-Cap ETF 0.0 15 3 5.7 -2.0
OSCV Opus Small Cap Value ETF 0.0 79 -61 6.0 -1.8
AMID Argent Mid Cap ETF Argent Mid Cap ETF 0.0 52 -34 5.3 -2.4
ALIL Argent Focused Small Cap ETF 0.0 74 -56 6.1 -1.7
AVUS Avantis U.S. Equity ETF 0.0 15 3 5.1 -2.6
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 -3 3.3 -4.5
EBI Longview Advantage ETF 0.0 35 -17 6.3 -1.4

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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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:		 Fidelity International Value Factor ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 11.5 %
Divided by: Fwd. P/BV 1.4 x
Less: Expense ratio 18 bp
Equals: ALTAR Score 7.7 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.65 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.