Franklin FTSE Latin America ETF
ALTAR
Score™		 10.6% info Recommen-
dation		 OVERWEIGHT
2025E    2026E
P/E
ratio		 11.0x P/Sales
ratio		 1.1x
P/BV
ratio		 1.5x Div.
yield		 4.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
FLLA seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Latin America Capped Index. FTSE Latin America Capped Index is a market-capitalization weighted index representing the performance of Latin American large and mid capitalization stocks.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Franklin Templeton Investments
Website www.libertyshares.com
Inception date Oct 09, 2018
Assets (mns) $112
Currency USD
Expense ratio 19 bp
Distributions Semi-annual

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 137
Wgt avg mkt cap (mns) $21,127
Large cap (>$10bn) 61.2%
Mid cap ($2-10bn) 28.2%
Small cap (<$2bn) 3.3%
Developed mkts 0.0%
Emerging mkts 100.0%

TOP TEN HOLDINGS
VALE SA 7.1 %
ITAU UNIBANCO HOLDING SA 5.4 %
PETROBRAS - PETROLEO BRAS-PR 4.4 %
GRUPO MEXICO S.A.B. DE C.V. CLASS 4.3 %
GRUPO FINANCIERO BANORTE-O 4.0 %
PETROBRAS - PETROLEO BRAS 4.0 %
FOMENTO ECONOMICO MEXICANO SAB DE 2.8 %
AMERICA MOVIL SAB DE CV ORDINARY S 2.6 %
CEMEX SAB-CPO 2.4 %
BANCO BRADESCO SA-PREF 2.2 %
Total 39.1 %

TOP COUNTRY EXPOSURE
BRAZIL 51.4 %
MEXICO 28.1 %
CHILE 8.3 %
COLOMBIA 3.3 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru July 31)
Year-to-date 1 year 5 years 10 years Since Incep.
16.4% 41.7% 10.0% -- 6.7%

Market Correlations
versus... Beta R-squared
S&P500 0.96 33%
MSCI EAFE 1.00 53%
MSCI Emg. Mkts. 0.58 43%

Technical Indicators
Recent close $27.55
30d moving avg. $26.90
Annualized volatility 20.8%
Short interest (ETF) 2.9%
Relative strength (RSI) 53

Liquidity measures
Avg. volume (thou.) 24
Turnover 0.6%
Bid/Ask (% of price) 0.21%
ADV underlying (mns) $1,929

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 205 potential alternatives to the Franklin FTSE Latin America ETF ETF based on the alternatives' overlap in portfolio holdings with FLLA. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FLLA Expense: 19 bp ALTAR Score™: 10.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FLLA
Ticker Fund
Name		 Overlap1
vs FLLA
(%)		 Expense
ratio
(bp)		 Savings
vs FLLA
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs FLLA
(%)
EWZ iShares MSCI Brazil ETF 45.5 58 -39 10.6 +0.0
FLN First Trust Latin America AlphaDEX Fund 41.0 80 -61 9.9 -0.7
ILF iShares Latin America 40 ETF 31.0 48 -29 9.5 -1.1
FLMX Franklin FTSE Mexico ETF 28.1 19 0 8.7 -1.9
EWW iShares MSCI Mexico ETF 27.7 50 -31 8.3 -2.3
EMDM First Trust Bloomberg Emerging Market Democracies ETF 22.0 75 -56 6.3 -4.3
FTHF First Trust Emerging Markets Human Flourishing ETF 20.2 75 -56 5.8 -4.8
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 17.2 44 -25 9.3 -1.3
XC WisdomTree Emerging Markets Ex-China Fund 15.9 32 -13 6.3 -4.3
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 15.5 39 -20 13.3 +2.7
ECOW Pacer Emerging Markets Cash Cows 100 ETF 15.1 70 -51 9.2 -1.4
PXH Invesco FTSE RAFI Emerging Markets ETF 13.9 49 -30 13.1 +2.5
DVYE iShares Emerging Markets Dividend ETF 13.5 49 -30 17.6 +7.0
FRDM Freedom 100 Emerging Markets ETF 12.9 49 -30 5.4 -5.2
JIVE JPMorgan International Value ETF 12.6 55 -36 7.9 -2.7
RNEM First Trust Emerging Markets Equity Select ETF 12.4 75 -56 7.7 -2.9
UEVM VictoryShares Emerging Markets Value Momentum ETF 12.4 45 -26 9.4 -1.2
EELV Invesco S&P Emerging Markets Low Volatility ETF 11.8 29 -10 8.7 -1.9
DEM WisdomTree Emerging Markets High Dividend Fund 10.3 63 -44 10.2 -0.4
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 10.1 32 -13 4.7 -5.9
EEMO Invesco S&P Emerging Markets Momentum ETF 9.8 29 -10 6.8 -3.8
BRAZ Global X Brazil Active ETF 9.6 75 -56 10.2 -0.4
SDEM Global X MSCI SuperDividend Emerging Markets ETF 9.6 67 -48 12.2 +1.6
EMMF WisdomTree Emerging Markets Multifactor Fund 9.4 48 -29 8.6 -2.0
VEXC Vanguard Emerging Markets Ex-China ETF 9.4 7 12 5.6 -5.0
FEM First Trust Emerging Markets AlphaDEX Fund 9.0 80 -61 8.8 -1.8
GVAL Cambria Global Value ETF 8.6 68 -49 8.3 -2.3
BKF iShares MSCI BIC ETF 8.5 69 -50 14.4 +3.8
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 8.4 24 -5 5.2 -5.4
JADE JPMorgan Active Developing Markets Equity ETF 8.2 65 -46 5.9 -4.7
ECH iShares MSCI Chile ETF 8.0 58 -39 7.4 -3.2
XCNY SPDR S&P Emerging Markets ex-China ETF 7.9 15 4 5.6 -5.0
EDOG ALPS Emerging Sector Dividend Dogs ETF 7.8 60 -41 10.5 -0.1
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 7.7 50 -31 8.2 -2.4
OTGL OTG Latin America ETF 7.6 269 -250 7.6 -3.0
STXE Strive Emerging Markets Ex-China ETF 6.9 32 -13 5.2 -5.4
LDEM iShares ESG MSCI EM Leaders ETF 6.7 17 2 12.5 +1.9
EMXC iShares MSCI Emerging Markets ex China ETF 6.6 25 -6 5.1 -5.5
JHEM John Hancock Multifactor Emerging Markets ETF 6.5 49 -30 7.5 -3.1
FDEM Fidelity Emerging Markets Multifactor ETF 6.3 25 -6 10.4 -0.2
SCHE Schwab Emerging Markets Equity ETF 6.2 11 8 9.3 -1.3
VWO Vanguard FTSE Emerging Markets ETF 5.9 7 12 9.0 -1.6
PICK iShares MSCI Global Metals & Mining Producers ETF 5.9 39 -20 8.1 -2.5
EDIV SPDR S&P Emerging Markets Dividend ETF 5.9 49 -30 8.8 -1.8
ROAM Hartford Multifactor Emerging Markets ETF 5.9 44 -25 7.5 -3.1
XCEM Columbia EM Core ex-China ETF 5.8 16 3 5.0 -5.6
EVLU iShares MSCI Emerging Markets Value Factor ETF 5.6 35 -16 9.9 -0.7
EMXF iShares ESG Advanced MSCI EM ETF 5.4 16 3 6.6 -4.0
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 5.4 88 -69 8.4 -2.2
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 5.4 95 -76 9.7 -0.9
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 5.3 45 -26 8.0 -2.6
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 5.3 69 -50 7.6 -3.0
EEM iShares MSCI Emerging Markets ETF 5.2 69 -50 7.8 -2.8
NUEM Nuveen ESG Emerging Markets Equity ETF 5.1 36 -17 5.9 -4.7
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 5.1 36 -17 7.5 -3.1
ECON Columbia Emerging Markets Consumer ETF 5.1 49 -30 6.6 -4.0
BKEM BNY Mellon Emerging Markets Equity ETF 5.1 11 8 24.0 +13.5
IEMG iShares Core MSCI Emerging Markets ETF 5.0 9 10 8.2 -2.4
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 5.0 30 -11 7.9 -2.7
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 4.9 15 4 8.0 -2.6
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 4.9 66 -47 7.3 -3.3
EMGF iShares Emerging Markets Equity Factor ETF 4.7 25 -6 8.9 -1.7
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 4.7 59 -40 8.5 -2.1
VIDI Vident International Equity Strategy ETF 4.6 61 -42 8.2 -2.4
ICOP iShares Copper and Metals Mining ETF 4.3 47 -28 5.5 -5.1
GMET VanEck Green Metals ETF 4.3 63 -44 1.2 -9.4
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 4.3 30 -11 7.5 -3.1
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 4.3 32 -13 7.5 -3.1
ESGE iShares ESG Aware MSCI EM ETF 4.3 25 -6 8.2 -2.4
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 4.2 33 -14 6.7 -3.9
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 4.2 46 -27 7.9 -2.7
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 4.1 90 -71 3.6 -7.0
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 3.9 58 -39 8.5 -2.1
EYLD Cambria Emerging Shareholder Yield ETF 3.9 66 -47 9.0 -1.6
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 3.9 40 -21 6.2 -4.4
SPEM SPDR Portfolio Emerging Markets ETF 3.9 7 12 9.4 -1.2
SDIV Global X Superdividend ETF 3.7 58 -39 13.6 +3.0
AVXC Avantis Emerging Markets Ex-China Equity ETF 3.7 33 -14 6.1 -4.5
WWJD Inspire International ETF 3.7 80 -61 6.1 -4.5
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 3.7 60 -41 6.4 -4.2
COLO Global X MSCI Colombia ETF 3.6 62 -43 14.2 +3.6
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 3.5 15 4 8.8 -1.8
DFAE Dimensional Emerging Core Equity Market ETF 3.5 35 -16 7.0 -3.6
CGXU Capital Group International Focus Equity ETF 3.4 54 -35 3.7 -6.9
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 3.4 41 -22 6.9 -3.7
EMC Global X Emerging Markets Great Consumer ETF 3.3 75 -56 7.1 -3.5
DEHP Dimensional Emerging Markets High Profitability ETF 3.2 41 -22 4.8 -5.8
EEMS iShares MSCI Emerging Markets Small Cap ETF 3.1 70 -51 6.6 -4.0
BATT Amplify Lithium & Battery Technology ETF 3.1 59 -40 2.0 -8.6
IQDF FlexShares International Quality Dividend Index Fund 3.0 47 -28 7.3 -3.3
DFEM Dimensional Emerging Markets Core Equity 2 ETF 2.9 38 -19 7.0 -3.6
VYMI Vanguard International High Dividend Yield ETF 2.9 17 2 7.7 -2.9
BINV Brandes International ETF 2.9 70 -51 8.1 -2.5
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 2.9 25 -6 6.0 -4.6
AVEE Avantis Emerging Markets Small Cap Equity ETF 2.8 42 -23 7.8 -2.8
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.8 47 -28 7.0 -3.6
AVSE Avantis Responsible Emerging Markets Equity ETF 2.7 33 -14 6.6 -4.0
DEXC Dimensional Emerging Markets ex China Core EquityETF 2.7 53 -34 5.1 -5.5
RWX SPDR Dow Jones International Real Estate ETF 2.6 59 -40 6.9 -3.7
EMM Global X Emerging Markets ex-China ETF 2.6 75 -56 4.7 -5.9
EWZS iShares MSCI Brazil Small-Cap ETF 2.6 59 -40 12.2 +1.6
AVES Avantis Emerging Markets Value ETF 2.6 36 -17 9.0 -1.6
AVEM Avantis Emerging Markets Equity ETF 2.5 33 -14 7.0 -3.6
FEOE First Eagle Overseas Equity ETF 2.4 79 -60 5.9 -4.7
DFEV Dimensional Emerging Markets Value ETF 2.3 43 -24 9.4 -1.2
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 2.3 10 9 8.4 -2.2
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 2.3 47 -28 5.0 -5.6
VCLN Virtus Duff & Phelps Clean Energy ETF 2.2 59 -40 2.6 -8.0
FRGN Horizon International Equity ETF 2.2 75 -56 7.7 -2.9
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 2.1 80 -61 12.4 +1.8
RNRG Global X Renewable Energy Producers ETF 2.1 66 -47 4.8 -5.8
DSTX Distillate International Fundamental Stability & Value ETF 2.1 55 -36 6.3 -4.3
EFRA iShares Environmental Infrastructure and Industrials ETF 2.0 47 -28 4.9 -5.7
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.9 58 -39 3.5 -7.1
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.9 12 7 8.4 -2.2
BLES Inspire Global Hope ETF 1.9 61 -42 5.5 -5.1
MXI iShares Global Materials ETF 1.8 41 -22 6.0 -4.6
CGW Invesco S&P Global Water Index ETF 1.8 57 -38 4.4 -6.2
JIG JPMorgan International Growth ETF 1.8 55 -36 3.6 -7.0
MOTG VanEck Morningstar Global Wide Moat ETF 1.7 52 -33 7.5 -3.1
ACWX iShares MSCI ACWI ex U.S. ETF 1.7 34 -15 6.2 -4.4
DWX SPDR S&P International Dividend ETF 1.7 45 -26 6.6 -4.0
PIO Invesco Global Water ETF 1.7 75 -56 4.3 -6.3
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.7 18 1 6.2 -4.4
IPAV Global X Infrastructure Development ex-U.S. ETF 1.7 55 -36 5.8 -4.8
SCHY Schwab International Dividend Equity ETF 1.7 14 5 8.1 -2.5
ICLN iShares Global Clean Energy ETF 1.7 41 -22 2.0 -8.6
FEGE First Eagle Global Equity ETF 1.6 79 -60 5.8 -4.8
VXUS Vanguard Total International Stock ETF 1.6 5 14 6.5 -4.1
IXUS iShares Core MSCI Total International Stock ETF 1.6 7 12 6.4 -4.2
MEM Matthews Emerging Markets Equity Active ETF 1.6 79 -60 8.4 -2.2
EPU iShares MSCI Peru and Global Exposure ETF 1.6 59 -40 4.3 -6.3
JSTC Adasina Social Justice All Cap Global ETF 1.6 89 -70 4.2 -6.4
VEU Vanguard FTSE All-World ex-US Index Fund 1.6 4 15 6.5 -4.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.6 41 -22 5.8 -4.8
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.5 72 -53 2.5 -8.1
MOTI VanEck Morningstar International Moat ETF 1.4 58 -39 9.6 -1.0
VSGX Vanguard ESG International Stock ETF 1.4 10 9 6.4 -4.2
IQRA IQ CBRE Real Assets ETF 1.3 65 -46 5.7 -4.9
KXI iShares Global Consumer Staples ETF 1.3 41 -22 5.3 -5.3
JXI iShares Global Utilities ETF 1.2 43 -24 5.2 -5.4
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.2 30 -11 6.3 -4.3
RWO SPDR Dow Jones Global Real Estate ETF 1.1 50 -31 6.1 -4.5
GDX VanEck Gold Miners ETF 1.1 51 -32 3.3 -7.3
AGMI Themes Silver Miners ETF 1.1 35 -16 4.3 -6.3
GDXJ VanEck Junior Gold Miners ETF 1.1 52 -33 3.3 -7.3
SLVP iShares MSCI Global Silver Miners ETF 1.1 39 -20 4.6 -6.0
SIL Global X Silver Miners ETF 1.1 65 -46 2.0 -8.6
CCNR ALPS CoreCommodity Natural Resources ETF 1.1 39 -20 8.3 -2.3
CWI SPDR MSCI ACWI ex-US ETF 1.0 30 -11 6.3 -4.3
HAP VanEck Natural Resources ETF 1.0 50 -31 6.7 -3.9
EWX SPDR S&P Emerging Markets Small Cap ETF 1.0 65 -46 6.7 -3.9
RCGE RockCreek Global Equality ETF 1.0 95 -76 5.7 -4.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.0 12 7 4.3 -6.3
WOOD iShares Global Timber & Forestry ETF 0.9 42 -23 10.6 +0.1
CUT Invesco MSCI Global Timber ETF 0.9 61 -42 7.7 -2.9
CGV Conductor Global Equity Value ETF 0.8 130 -111 7.7 -2.9
OAIM OneAscent International Equity ETF 0.8 95 -76 4.5 -6.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.8 20 -1 4.6 -6.0
FPAG FPA Global Equity ETF 0.8 49 -30 5.4 -5.2
ARGT Global X MSCI Argentina ETF 0.7 59 -40 3.3 -7.3
ERTH Invesco MSCI Sustainable Future ETF 0.7 62 -43 3.2 -7.4
AVRE Avantis Real Estate ETF 0.7 17 2 6.6 -4.0
SDG iShares MSCI Global Sustainable Development Goals ETF 0.7 49 -30 4.5 -6.1
CGGR Capital Group Growth ETF 0.7 39 -20 2.6 -8.0
ACWI iShares MSCI ACWI ETF 0.6 32 -13 4.5 -6.1
FID First Trust S&P International Dividend Aristocrats ETF 0.6 60 -41 7.5 -3.1
WDIV SPDR S&P Global Dividend ETF 0.6 40 -21 8.8 -1.8
DGT State Street SPDR Global Dow ETF 0.6 50 -31 5.5 -5.1
BLDG Cambria Global Real Estate ETF 0.6 60 -41 10.6 +0.0
VT Vanguard Total World Stock ETF 0.6 6 13 4.9 -5.7
SILJ ETFMG Prime Junior Silver Miners ETF 0.6 69 -50 0.6 -10.0
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.5 42 -23 4.0 -6.6
REET iShares Global REIT ETF 0.5 14 5 6.7 -3.9
CGGO Capital Group Global Growth Equity ETF 0.5 47 -28 3.9 -6.7
KLMT Invesco MSCI Global Climate 500 ETF 0.5 10 9 4.8 -5.8
IGRO iShares International Dividend Growth ETF 0.5 15 4 6.5 -4.1
DEW WisdomTree Global High Dividend Fund 0.5 58 -39 6.9 -3.7
DFGR Dimensional Global Real Estate ETF 0.5 22 -3 6.8 -3.8
JETS U.S. Global Jets ETF 0.5 60 -41 2.1 -8.5
VGSR Vert Global Sustainable Real Estate ETF 0.5 47 -28 6.8 -3.8
IXG iShares Global Financials ETF 0.4 42 -23 5.7 -4.9
GLOF iShares Global Equity Factor ETF 0.4 20 -1 5.4 -5.2
WRND IQ Global Equity R&D Leaders ETF 0.4 18 1 3.9 -6.7
SUPL ProShares Supply Chain Logistics ETF 0.4 58 -39 7.5 -3.1
MOO VanEck Agribusiness ETF 0.4 53 -34 8.9 -1.7
BRF VanEck Brazil Small-Cap ETF 0.4 66 -47 12.0 +1.4
ACWV iShares MSCI Global Min Vol Factor ETF 0.3 20 -1 5.6 -5.0
AQLT iShares MSCI Global Quality Factor ETF 0.3 18 1 0.0 -10.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.3 9 10 4.7 -5.9
EXI iShares Global Industrials ETF 0.3 42 -23 3.4 -7.2
KROP Global X AgTech & Food Innovation ETF 0.3 50 -31 6.6 -4.0
FPXI First Trust International Equity Opportunities ETF 0.3 70 -51 3.9 -6.7
GEW Cambria Global EW ETF 0.3 29 -10 5.2 -5.4
AQWA Global X Clean Water ETF 0.3 50 -31 4.8 -5.8
SHPP Pacer Industrials and Logistics ETF 0.3 60 -41 6.4 -4.2
IPKW Invesco International BuyBack Achievers ETF 0.2 55 -36 7.7 -2.9
SMOG VanEck Low Carbon Energy ETF 0.2 61 -42 1.3 -9.3
XT iShares Exponential Technologies ETF 0.2 46 -27 3.9 -6.7
OCEN IQ Clean Oceans ETF 0.2 45 -26 4.6 -6.0
FTAG First Trust Indxx Global Agriculture ETF 0.1 70 -51 7.0 -3.6
RXI iShares Global Consumer Discretionary ETF 0.1 41 -22 8.0 -2.6
CLNR IQ Cleaner Transport ETF 0.1 45 -26 4.0 -6.6
IXJ iShares Global Healthcare ETF 0.1 42 -23 6.2 -4.4
VIGI Vanguard International Dividend Appreciation ETF 0.0 10 9 5.8 -4.8

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:		 Franklin FTSE Latin America 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 15.7 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 19 bp
Equals: ALTAR Score 10.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.59 CATEGORY
AVERAGE		 1.52
 
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.