Franklin FTSE Latin America ETF
ALTAR
Score™		 10.9% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 10.5x P/Sales
ratio		 1.1x
P/BV
ratio		 1.5x Div.
yield		 4.5%


  • 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) $106
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 140
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 7.0 %
ITAU UNIBANCO HOLDING SA 5.7 %
PETROBRAS - PETROLEO BRAS-PR 5.4 %
PETROBRAS - PETROLEO BRAS 4.9 %
GRUPO FINANCIERO BANORTE-O 3.7 %
GRUPO MEXICO S.A.B. DE C.V. CLASS 3.7 %
AMERICA MOVIL SAB DE CV ORDINARY S 2.5 %
FOMENTO ECONOMICO MEXICANO SAB DE 2.5 %
BANCO BRADESCO SA-PREF 2.4 %
BM&FBOVESPA SA 2.3 %
Total 39.9 %

TOP COUNTRY EXPOSURE
BRAZIL 57.2 %
MEXICO 25.8 %
CHILE 8.0 %
COLOMBIA 2.6 %







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.
14.9% 39.3% 9.3% -- 6.7%

Market Correlations
versus... Beta R-squared
S&P500 1.00 31%
MSCI EAFE 1.00 50%
MSCI Emg. Mkts. 0.75 49%

Technical Indicators
Recent close $26.45
30d moving avg. $28.35
Annualized volatility 20.8%
Short interest (ETF) 2.9%
Relative strength (RSI) 41

Liquidity measures
Avg. volume (thou.) 55
Turnover 1.4%
Bid/Ask (% of price) 0.22%
ADV underlying (mns) $1,929

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 207 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™: 10.9%


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 49.6 58 -39 11.2 +0.3
FLN First Trust Latin America AlphaDEX Fund 41.3 80 -61 10.4 -0.5
ILF iShares Latin America 40 ETF 30.3 48 -29 10.0 -1.0
FLMX Franklin FTSE Mexico ETF 25.8 19 0 8.8 -2.1
EWW iShares MSCI Mexico ETF 25.6 50 -31 8.4 -2.6
EMDM First Trust Bloomberg Emerging Market Democracies ETF 21.1 75 -56 6.4 -4.6
FTHF First Trust Emerging Markets Human Flourishing ETF 21.0 75 -56 5.8 -5.1
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 18.6 44 -25 9.5 -1.4
XC WisdomTree Emerging Markets Ex-China Fund 17.8 32 -13 6.6 -4.3
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 15.8 39 -20 13.7 +2.8
JIVE JPMorgan International Value ETF 14.2 55 -36 8.4 -2.5
EELV Invesco S&P Emerging Markets Low Volatility ETF 14.0 29 -10 8.9 -2.0
UEVM VictoryShares Emerging Markets Value Momentum ETF 13.4 45 -26 9.7 -1.2
DVYE iShares Emerging Markets Dividend ETF 13.4 49 -30 17.9 +7.0
RNEM First Trust Emerging Markets Equity Select ETF 12.6 75 -56 8.2 -2.7
FRDM Freedom 100 Emerging Markets ETF 12.5 49 -30 5.3 -5.6
PXH Invesco FTSE RAFI Emerging Markets ETF 12.5 49 -30 13.4 +2.5
EMMF WisdomTree Emerging Markets Multifactor Fund 11.5 48 -29 8.4 -2.5
BRAZ Global X Brazil Active ETF 11.2 75 -56 10.8 -0.1
DEM WisdomTree Emerging Markets High Dividend Fund 10.8 63 -44 10.3 -0.6
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 10.6 32 -13 4.8 -6.1
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 10.3 24 -5 5.2 -5.7
JADE JPMorgan Active Developing Markets Equity ETF 9.4 65 -46 6.1 -4.8
VEXC Vanguard Emerging Markets Ex-China ETF 9.3 7 12 5.7 -5.2
SDEM Global X MSCI SuperDividend Emerging Markets ETF 9.3 67 -48 12.8 +1.9
ECOW Pacer Emerging Markets Cash Cows 100 ETF 9.2 70 -51 9.5 -1.4
FEM First Trust Emerging Markets AlphaDEX Fund 8.7 80 -61 9.0 -2.0
GVAL Cambria Global Value ETF 8.6 68 -49 9.0 -1.9
BKF iShares MSCI BIC ETF 8.6 69 -50 14.9 +4.0
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 8.0 50 -31 8.1 -2.8
EDOG ALPS Emerging Sector Dividend Dogs ETF 7.9 60 -41 10.7 -0.2
XCNY SPDR S&P Emerging Markets ex-China ETF 7.7 15 4 5.7 -5.2
ECH iShares MSCI Chile ETF 7.7 58 -39 7.8 -3.2
XCEM Columbia EM Core ex-China ETF 7.7 16 3 4.9 -6.0
JHEM John Hancock Multifactor Emerging Markets ETF 7.6 49 -30 7.5 -3.4
OTGL OTG Latin America ETF 7.5 269 -250 7.9 -3.0
LDEM iShares ESG MSCI EM Leaders ETF 7.3 17 2 12.9 +2.0
STXE Strive Emerging Markets Ex-China ETF 7.0 32 -13 5.2 -5.7
ECON Columbia Emerging Markets Consumer ETF 6.9 49 -30 6.6 -4.3
FDEM Fidelity Emerging Markets Multifactor ETF 6.9 25 -6 10.4 -0.5
EMXC iShares MSCI Emerging Markets ex China ETF 6.6 25 -6 5.1 -5.8
NUEM Nuveen ESG Emerging Markets Equity ETF 6.5 36 -17 6.1 -4.8
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 6.4 45 -26 8.1 -2.8
ROAM Hartford Multifactor Emerging Markets ETF 6.3 44 -25 7.5 -3.4
SCHE Schwab Emerging Markets Equity ETF 6.3 11 8 9.5 -1.4
EVLU iShares MSCI Emerging Markets Value Factor ETF 6.2 35 -16 10.0 -0.9
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 6.0 66 -47 7.2 -3.7
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 5.9 36 -17 7.6 -3.3
VWO Vanguard FTSE Emerging Markets ETF 5.9 7 12 9.2 -1.7
BKEM BNY Mellon Emerging Markets Equity ETF 5.9 11 8 7.9 -3.0
PICK iShares MSCI Global Metals & Mining Producers ETF 5.8 39 -20 8.0 -2.9
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 5.8 90 -71 3.7 -7.2
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 5.8 15 4 8.0 -2.9
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 5.6 88 -69 8.4 -2.5
EDIV SPDR S&P Emerging Markets Dividend ETF 5.6 49 -30 9.1 -1.9
EMXF iShares ESG Advanced MSCI EM ETF 5.3 16 3 6.7 -4.2
EEM iShares MSCI Emerging Markets ETF 5.2 69 -50 7.8 -3.1
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 5.2 69 -50 7.4 -3.5
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 5.2 59 -40 8.6 -2.4
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 5.1 33 -14 6.7 -4.2
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 5.1 95 -76 10.0 -0.9
IEMG iShares Core MSCI Emerging Markets ETF 4.9 9 10 8.2 -2.7
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 4.9 32 -13 7.4 -3.5
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 4.7 30 -11 8.0 -2.9
DSTX Distillate International Fundamental Stability & Value ETF 4.6 55 -36 6.7 -4.2
EMGF iShares Emerging Markets Equity Factor ETF 4.6 25 -6 8.8 -2.1
ESGE iShares ESG Aware MSCI EM ETF 4.5 25 -6 8.3 -2.7
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 4.5 15 4 8.8 -2.1
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 4.5 30 -11 7.6 -3.3
VIDI Vident International Equity Strategy ETF 4.3 61 -42 8.1 -2.8
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 4.3 46 -27 7.8 -3.1
CGXU Capital Group International Focus Equity ETF 3.9 54 -35 3.8 -7.1
WWJD Inspire International ETF 3.9 80 -61 6.4 -4.5
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 3.9 58 -39 8.4 -2.5
SPEM SPDR Portfolio Emerging Markets ETF 3.8 7 12 9.5 -1.4
SDIV Global X Superdividend ETF 3.8 58 -39 13.8 +2.9
AVXC Avantis Emerging Markets Ex-China Equity ETF 3.8 33 -14 6.1 -4.8
GMET VanEck Green Metals ETF 3.7 63 -44 0.5 -10.4
ICOP iShares Copper and Metals Mining ETF 3.7 47 -28 5.6 -5.3
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 3.5 60 -41 6.6 -4.3
DFAE Dimensional Emerging Core Equity Market ETF 3.4 35 -16 7.0 -3.9
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 3.4 41 -22 6.9 -4.0
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 3.3 40 -21 6.3 -4.6
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 3.2 25 -6 6.2 -4.8
EEMO Invesco S&P Emerging Markets Momentum ETF 3.2 29 -10 6.6 -4.3
EMC Global X Emerging Markets Great Consumer ETF 3.2 75 -56 7.1 -3.9
IQDF FlexShares International Quality Dividend Index Fund 3.1 47 -28 7.6 -3.3
IQDY FlexShares International Quality Dividend Dynamic Index Fund 3.1 47 -28 7.2 -3.7
VYMI Vanguard International High Dividend Yield ETF 3.0 17 2 8.1 -2.8
AVEE Avantis Emerging Markets Small Cap Equity ETF 3.0 42 -23 7.6 -3.3
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 2.9 20 -1 7.4 -3.5
COLO Global X MSCI Colombia ETF 2.9 62 -43 16.2 +5.3
EYLD Cambria Emerging Shareholder Yield ETF 2.9 66 -47 9.2 -1.7
DEHP Dimensional Emerging Markets High Profitability ETF 2.9 41 -22 4.8 -6.1
BINV Brandes International ETF 2.9 70 -51 8.6 -2.3
AVES Avantis Emerging Markets Value ETF 2.9 36 -17 8.9 -2.0
DFEM Dimensional Emerging Markets Core Equity 2 ETF 2.8 38 -19 7.0 -3.9
AVSE Avantis Responsible Emerging Markets Equity ETF 2.8 33 -14 6.6 -4.3
DEXC Dimensional Emerging Markets ex China Core EquityETF 2.8 53 -34 5.1 -5.8
EEMS iShares MSCI Emerging Markets Small Cap ETF 2.7 70 -51 6.5 -4.4
BATT Amplify Lithium & Battery Technology ETF 2.7 59 -40 1.9 -9.1
EMM Global X Emerging Markets ex-China ETF 2.5 75 -56 4.7 -6.2
AVEM Avantis Emerging Markets Equity ETF 2.4 33 -14 7.0 -3.9
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 2.4 47 -28 5.0 -5.9
EWZS iShares MSCI Brazil Small-Cap ETF 2.4 59 -40 11.8 +0.9
FEOE First Eagle Overseas Equity ETF 2.3 79 -60 6.2 -4.7
DFEV Dimensional Emerging Markets Value ETF 2.3 43 -24 9.4 -1.5
VCLN Virtus Duff & Phelps Clean Energy ETF 2.3 59 -40 2.2 -8.7
EFRA iShares Environmental Infrastructure and Industrials ETF 2.2 47 -28 5.1 -5.9
FRGN Horizon International Equity ETF 2.2 75 -56 7.8 -3.1
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 2.2 10 9 8.6 -2.3
CGW Invesco S&P Global Water Index ETF 2.2 57 -38 4.6 -6.3
RWX SPDR Dow Jones International Real Estate ETF 2.2 59 -40 7.4 -3.5
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 2.1 80 -61 12.2 +1.3
BLES Inspire Global Hope ETF 2.1 61 -42 5.7 -5.2
RNRG Global X Renewable Energy Producers ETF 2.0 66 -47 4.3 -6.6
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 2.0 41 -22 6.0 -4.9
PIO Invesco Global Water ETF 2.0 75 -56 4.5 -6.4
MEM Matthews Emerging Markets Equity Active ETF 1.9 79 -60 8.5 -2.5
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.9 18 1 6.4 -4.5
MXI iShares Global Materials ETF 1.9 41 -22 6.0 -4.9
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.8 12 7 8.8 -2.1
JIG JPMorgan International Growth ETF 1.8 55 -36 3.6 -7.3
ICLN iShares Global Clean Energy ETF 1.8 41 -22 1.7 -9.3
ACWX iShares MSCI ACWI ex U.S. ETF 1.8 34 -15 6.4 -4.5
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.7 58 -39 3.4 -7.5
SCHY Schwab International Dividend Equity ETF 1.7 14 5 8.5 -2.4
VXUS Vanguard Total International Stock ETF 1.6 5 14 6.7 -4.3
IXUS iShares Core MSCI Total International Stock ETF 1.6 7 12 6.6 -4.3
IPAV Global X Infrastructure Development ex-U.S. ETF 1.6 55 -36 5.7 -5.2
VEU Vanguard FTSE All-World ex-US Index Fund 1.6 4 15 6.7 -4.2
FEGE First Eagle Global Equity ETF 1.6 79 -60 6.1 -4.8
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.6 72 -53 2.2 -8.7
JSTC Adasina Social Justice All Cap Global ETF 1.5 89 -70 4.3 -6.6
DWX SPDR S&P International Dividend ETF 1.5 45 -26 6.8 -4.1
MOTG VanEck Morningstar Global Wide Moat ETF 1.5 52 -33 8.0 -2.9
MOTI VanEck Morningstar International Moat ETF 1.5 58 -39 10.2 -0.7
VSGX Vanguard ESG International Stock ETF 1.4 10 9 6.6 -4.3
EPU iShares MSCI Peru and Global Exposure ETF 1.4 59 -40 4.8 -6.1
KXI iShares Global Consumer Staples ETF 1.3 41 -22 5.3 -5.6
JXI iShares Global Utilities ETF 1.2 43 -24 5.2 -5.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.2 30 -11 6.4 -4.5
IQRA IQ CBRE Real Assets ETF 1.2 65 -46 5.9 -5.0
GDX VanEck Gold Miners ETF 1.1 51 -32 3.2 -7.7
GDXJ VanEck Junior Gold Miners ETF 1.1 52 -33 3.2 -7.7
SIL Global X Silver Miners ETF 1.1 65 -46 1.9 -9.0
SLVP iShares MSCI Global Silver Miners ETF 1.1 39 -20 4.4 -6.5
AGMI Themes Silver Miners ETF 1.1 35 -16 4.3 -6.6
RWO SPDR Dow Jones Global Real Estate ETF 1.1 50 -31 6.3 -4.6
HAP VanEck Natural Resources ETF 1.0 50 -31 6.8 -4.1
OAIM OneAscent International Equity ETF 1.0 95 -76 4.7 -6.2
SDG iShares MSCI Global Sustainable Development Goals ETF 1.0 49 -30 4.5 -6.5
CWI SPDR MSCI ACWI ex-US ETF 0.9 30 -11 6.5 -4.4
CUT Invesco MSCI Global Timber ETF 0.9 61 -42 8.6 -2.3
WOOD iShares Global Timber & Forestry ETF 0.9 42 -23 11.7 +0.8
RCGE RockCreek Global Equality ETF 0.9 95 -76 6.2 -4.7
EWX SPDR S&P Emerging Markets Small Cap ETF 0.9 65 -46 6.5 -4.4
CCNR ALPS CoreCommodity Natural Resources ETF 0.8 39 -20 8.1 -2.8
FPAG FPA Global Equity ETF 0.7 49 -30 5.8 -5.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.7 20 -1 4.7 -6.2
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.7 12 7 4.4 -6.5
FPXI First Trust International Equity Opportunities ETF 0.7 70 -51 3.7 -7.2
ERTH Invesco MSCI Sustainable Future ETF 0.7 62 -43 3.0 -7.9
ARGT Global X MSCI Argentina ETF 0.7 59 -40 3.3 -7.6
AVRE Avantis Real Estate ETF 0.6 17 2 6.8 -4.1
ACWI iShares MSCI ACWI ETF 0.6 32 -13 4.6 -6.3
DGT State Street SPDR Global Dow ETF 0.6 50 -31 5.7 -5.3
CGGR Capital Group Growth ETF 0.6 39 -20 2.6 -8.4
VT Vanguard Total World Stock ETF 0.6 6 13 5.0 -5.9
SILJ ETFMG Prime Junior Silver Miners ETF 0.6 69 -50 0.5 -10.4
REET iShares Global REIT ETF 0.6 14 5 7.0 -4.0
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.5 45 -26 -0.9 -11.8
CGV Conductor Global Equity Value ETF 0.5 130 -111 7.7 -3.2
VGSR Vert Global Sustainable Real Estate ETF 0.5 47 -28 7.0 -3.9
FID First Trust S&P International Dividend Aristocrats ETF 0.5 60 -41 7.8 -3.1
WDIV SPDR S&P Global Dividend ETF 0.5 40 -21 9.1 -1.8
DFGR Dimensional Global Real Estate ETF 0.5 22 -3 7.0 -3.9
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.5 42 -23 4.1 -6.9
IGRO iShares International Dividend Growth ETF 0.5 15 4 6.8 -4.1
DEW WisdomTree Global High Dividend Fund 0.5 58 -39 7.2 -3.7
MOO VanEck Agribusiness ETF 0.5 53 -34 9.2 -1.7
SUPL ProShares Supply Chain Logistics ETF 0.5 58 -39 7.4 -3.5
ACWV iShares MSCI Global Min Vol Factor ETF 0.4 20 -1 5.7 -5.2
IXG iShares Global Financials ETF 0.4 42 -23 6.3 -4.6
JETS U.S. Global Jets ETF 0.4 60 -41 2.5 -8.4
AQLT iShares MSCI Global Quality Factor ETF 0.4 18 1 0.0 -10.9
WRND IQ Global Equity R&D Leaders ETF 0.4 18 1 4.0 -6.9
BRF VanEck Brazil Small-Cap ETF 0.4 66 -47 11.5 +0.6
FTRI First Trust Indxx Global Natural Resources Income ETF 0.4 70 -51 6.7 -4.2
GLOF iShares Global Equity Factor ETF 0.4 20 -1 5.6 -5.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.3 9 10 4.9 -6.0
EXI iShares Global Industrials ETF 0.3 42 -23 3.6 -7.3
OCEN IQ Clean Oceans ETF 0.3 45 -26 4.6 -6.3
KLMT Invesco MSCI Global Climate 500 ETF 0.3 10 9 5.0 -6.0
CLNR IQ Cleaner Transport ETF 0.3 45 -26 3.9 -7.0
CGGO Capital Group Global Growth Equity ETF 0.3 47 -28 4.1 -6.9
GEW Cambria Global EW ETF 0.3 29 -10 5.4 -5.5
SHPP Pacer Industrials and Logistics ETF 0.3 60 -41 6.6 -4.4
KROP Global X AgTech & Food Innovation ETF 0.3 50 -31 6.8 -4.1
AQWA Global X Clean Water ETF 0.3 50 -31 5.1 -5.8
XT iShares Exponential Technologies ETF 0.2 46 -27 3.8 -7.1
SMOG VanEck Low Carbon Energy ETF 0.2 61 -42 1.2 -9.7
IPKW Invesco International BuyBack Achievers ETF 0.2 55 -36 8.2 -2.7
RXI iShares Global Consumer Discretionary ETF 0.1 41 -22 8.2 -2.7
FTAG First Trust Indxx Global Agriculture ETF 0.1 70 -51 7.2 -3.7
IXJ iShares Global Healthcare ETF 0.1 42 -23 6.3 -4.6
VIGI Vanguard International Dividend Appreciation ETF 0.0 10 9 6.1 -4.9

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:

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 15.7 %
Divided by: Fwd. P/BV 1.4 x
Less: Expense ratio 19 bp
Equals: ALTAR Score 10.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.59 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.