Global X Gold Explorers ETF
ALTAR
Score™		 2.2% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 24.1x P/Sales
ratio		 5.2x
P/BV
ratio		 4.0x Div.
yield		 0.2%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Global X Gold Explorers ETF seeks to track the performance of the Solactive Global Gold Explorers Index.

FUND BASICS
Category Global Equities
Fund Sponsor Global X Management Co LLC
Website www.globalxfunds.com
Inception date Nov 03, 2010
Assets (mns) $120
Currency USD
Expense ratio 65 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Brown Brothers Harriman & Co
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 51
Wgt avg mkt cap (mns) $6,562
Large cap (>$10bn) 5.1%
Mid cap ($2-10bn) 45.4%
Small cap (<$2bn) 49.5%
Developed mkts 90.4%
Emerging mkts 9.6%

TOP TEN HOLDINGS
HECLA MINING CO 5.3 %
EQUINOX GOLD CORP. 5.2 %
DPM METALS INC 4.4 %
COEUR D'ALENE MINES CORP 4.3 %
ELDORADO GOLD CORP 4.0 %
SSR MINING INC 3.5 %
LUNDIN GOLD INC. 3.4 %
OCEANAGOLD CORP 3.3 %
PERSEUS MINING LTD 3.0 %
ALAMOS GOLD INC. 3.0 %
Total 39.4 %

TOP COUNTRY EXPOSURE
CANADA 58.3 %
AUSTRALIA 22.7 %
UNITED STATES 11.0 %
INDONESIA 3.7 %
SOUTH AFRICA 2.0 %
BRITAIN 1.2 %
CHINA 1.2 %




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.
3.3% 25.1% 27.5% 13.4% 1.3%

Market Correlations
versus... Beta R-squared
S&P500 1.96 21%
MSCI EAFE 2.04 34%
MSCI Emg. Mkts. 1.21 30%

Technical Indicators
Recent close $82.04
30d moving avg. $73.33
Annualized volatility 35.3%
Short interest (ETF) 0.2%
Relative strength (RSI) 59

Liquidity measures
Avg. volume (thou.) 5
Turnover 0.3%
Bid/Ask (% of price) 0.88%
ADV underlying (mns) $230

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 358 potential alternatives to the Global X Gold Explorers ETF ETF based on the alternatives' overlap in portfolio holdings with GOEX. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: GOEX Expense: 65 bp ALTAR Score™: 2.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH GOEX
Ticker Fund
Name		 Overlap1
vs GOEX
(%)		 Expense
ratio
(bp)		 Savings
vs GOEX
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs GOEX
(%)
GDXJ VanEck Junior Gold Miners ETF 37.5 52 13 3.1 +0.9
SGDM Sprott Gold Miners ETF 27.2 50 15 2.9 +0.7
RING iShares MSCI Global Gold Miners ETF 26.0 39 26 3.5 +1.3
GOAU U.S. Global GO GOLD and Precious Metal Miners ETF 21.1 60 5 2.3 +0.0
SILJ ETFMG Prime Junior Silver Miners ETF 19.2 69 -4 0.6 -1.7
SGDJ Sprott Junior Gold Miners ETF 17.0 50 15 2.3 +0.1
AUAU Global X Gold Miners ETF 16.5 35 30 2.7 +0.5
GDX VanEck Gold Miners ETF 16.4 51 14 3.0 +0.8
SIL Global X Silver Miners ETF 15.7 65 0 1.9 -0.3
SLVP iShares MSCI Global Silver Miners ETF 14.5 39 26 4.2 +2.0
AGMI Themes Silver Miners ETF 12.2 35 30 4.1 +1.9
XME State Street SPDR S&P Metals & Mining ETF 9.6 35 30 5.9 +3.7
FXZ First Trust Materials AlphaDEX Fund 8.6 61 4 7.1 +4.9
CCNR ALPS CoreCommodity Natural Resources ETF 7.7 39 26 8.4 +6.2
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 5.6 60 5 4.7 +2.5
ARGT Global X MSCI Argentina ETF 5.3 59 6 3.7 +1.5
AVDV Avantis International Small Cap Value ETF 5.0 36 29 7.6 +5.4
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF 4.7 60 5 8.0 +5.8
CGV Conductor Global Equity Value ETF 4.7 130 -65 7.9 +5.7
AFK VanEck Africa Index ETF 4.5 98 -33 11.2 +9.0
BUL Pacer US Cash Cows Growth ETF 4.3 60 5 3.5 +1.3
NANR SPDR S&P North American Natural Resources ETF 4.2 35 30 6.2 +4.0
AVDS Avantis International Small Cap Equity ETF 3.7 30 35 6.0 +3.8
IYM iShares U.S. Basic Materials ETF 3.7 40 25 4.6 +2.4
RVER Trenchless Fund ETF 3.6 65 0 0.6 -1.6
SETM Sprott Energy Transition Materials ETF 3.5 65 0 2.0 -0.2
IDX VanEck Indonesia Index ETF 3.5 57 8 10.4 +8.2
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 3.2 8 57 6.4 +4.2
ABLD Abacus FCF Real Assets Leaders ETF 3.1 69 -4 6.8 +4.6
DFIS Dimensional International Small Cap ETF 2.9 39 26 6.2 +4.0
AKAF The Frontier Economic Fund 2.9 20 45 5.6 +3.4
EIDO iShares MSCI Indonesia ETF 2.8 59 6 11.8 +9.5
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 2.7 79 -14 4.1 +1.9
GWX SPDR S&P International Small Cap ETF 2.7 40 25 5.8 +3.6
SCHC Schwab International Small-Cap Equity ETF 2.6 11 54 6.6 +4.4
VAW Vanguard Materials ETF 2.3 9 56 5.4 +3.2
FTRI First Trust Indxx Global Natural Resources Income ETF 2.2 70 -5 6.8 +4.6
SMRI Bushido Capital US Equity ETF 2.1 71 -6 7.1 +4.9
DSTX Distillate International Fundamental Stability & Value ETF 2.1 55 10 6.7 +4.5
IVAL Alpha Architect International Quantitative Value ETF 2.1 49 16 7.6 +5.4
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 1.9 10 55 4.3 +2.1
IJK iShares S&P Mid-Cap 400 Growth ETF 1.9 17 48 4.3 +2.1
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 1.9 15 50 4.3 +2.1
ASCE Allspring SMID Core ETF 1.9 38 27 3.2 +1.0
ISCF iShares International SmallCap Equity Factor ETF 1.9 23 42 7.3 +5.1
COLO Global X MSCI Colombia ETF 1.9 62 3 14.2 +12.0
VIDI Vident International Equity Strategy ETF 1.9 61 4 8.2 +6.0
FMAT Fidelity MSCI Materials Index ETF 1.8 8 57 5.4 +3.2
GVLU Gotham 1000 Value ETF 1.8 50 15 8.3 +6.1
VFLO VictoryShares Free Cash Flow ETF 1.7 39 26 6.7 +4.4
DBSC Deepwater Beachfront Small Cap ETF 1.7 85 -20 1.2 -1.0
ECML Euclidean Fundamental Value ETF 1.6 95 -30 8.8 +6.6
XMMO Invesco S&P MidCap Momentum ETF 1.6 34 31 3.8 +1.6
DXIV Dimensional International Vector Equity ETF 1.6 34 31 6.7 +4.4
SCZ iShares MSCI EAFE Small-Cap ETF 1.5 40 25 6.2 +3.9
EWUS iShares MSCI United Kingdom Small Cap ETF 1.5 59 6 7.4 +5.2
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 1.4 30 35 4.0 +1.8
FEM First Trust Emerging Markets AlphaDEX Fund 1.4 80 -15 8.7 +6.5
JSML Janus Henderson Small Cap Growth Alpha ETF 1.4 30 35 2.8 +0.6
DISV Dimensional International Small Cap Value ETF 1.3 42 23 8.0 +5.7
EPU iShares MSCI Peru and Global Exposure ETF 1.3 59 6 4.3 +2.1
LST Leuthold Select Industries ETF 1.3 91 -26 4.8 +2.5
FYLD Cambria Foreign Shareholder Yield ETF 1.3 59 6 9.9 +7.7
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.3 49 16 6.1 +3.9
RFG Invesco S&P Midcap 400 Pure Growth ETF 1.3 35 30 4.8 +2.6
WSML iShares MSCI World Small-Cap ETF 1.3 15 50 5.5 +3.2
BRAZ Global X Brazil Active ETF 1.2 75 -10 10.1 +7.9
FFTY Innovator IBD 50 ETF 1.2 80 -15 0.1 -2.1
PSC Principal U.S. Small-Cap ETF 1.2 38 27 3.7 +1.4
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 1.1 39 26 7.0 +4.8
EWC iShares MSCI Canada ETF 1.1 50 15 5.2 +3.0
COPX Global X Copper Miners ETF 1.1 65 0 4.1 +1.9
AVDE Avantis International Equity ETF 1.1 23 42 6.3 +4.1
DFIC Dimensional International Core Equity 2 ETF 1.1 23 42 6.3 +4.1
MDY SPDR S&P Midcap 400 ETF Trust 1.0 23 42 6.2 +4.0
OAIM OneAscent International Equity ETF 1.0 95 -30 4.4 +2.2
FESM Fidelity Enhanced Small Cap ETF 1.0 28 37 2.3 +0.1
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 1.0 60 5 7.0 +4.8
IJH iShares Core S&P Mid-Cap ETF 1.0 5 60 6.3 +4.1
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.0 80 -15 6.8 +4.6
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 1.0 3 62 6.4 +4.2
VBK Vanguard Small-Cap Growth ETF 1.0 7 58 1.3 -0.9
IVOO Vanguard S&P Mid-Cap 400 ETF 1.0 7 58 6.3 +4.1
FNDC Schwab Fundamental International Small Co. Index ETF 1.0 39 26 6.7 +4.5
DFSI Dimensional International Sustainability Core 1 ETF 0.9 24 41 5.7 +3.5
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.9 15 50 5.1 +2.9
IGE iShares North American Natural Resources ETF 0.9 41 24 5.6 +3.4
FLCA Franklin FTSE Canada ETF 0.8 9 56 5.6 +3.3
SMOX Horizon Small/Mid Cap Core Equity ETF 0.8 75 -10 5.5 +3.3
ARB AltShares Merger Arbitrage ETF 0.8 77 -12 2.7 +0.4
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.8 30 35 6.4 +4.2
SCHA Schwab U.S. Small-Cap ETF 0.8 4 61 4.5 +2.3
FLOW Global X U.S. Cash Flow Kings 100 ETF 0.8 25 40 10.6 +8.4
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 0.8 80 -15 7.1 +4.9
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.7 4 61 17.7 +15.5
NIKL Sprott Nickel Miners ETF 0.7 75 -10 9.5 +7.3
ION ProShares S&P Global Core Battery Metals ETF 0.7 58 7 7.2 +5.0
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.7 80 -15 8.7 +6.4
QINT American Century Quality Diversified International ETF 0.7 39 26 6.7 +4.5
IQDF FlexShares International Quality Dividend Index Fund 0.7 47 18 7.5 +5.3
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.6 65 0 8.3 +6.1
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.6 35 30 6.8 +4.6
AVIV Avantis International Large Cap Value ETF 0.6 25 40 7.0 +4.8
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.6 47 18 7.2 +5.0
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.6 29 36 6.6 +4.4
DFE WisdomTree Europe SmallCap Dividend Fund 0.6 58 7 7.9 +5.6
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.6 39 26 6.3 +4.1
GPT Intelligent Alpha Atlas ETF 0.6 69 -4 6.1 +3.8
CARZ First Trust NASDAQ Global Auto Index Fund 0.6 70 -5 2.4 +0.2
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.6 7 58 5.4 +3.2
HAP VanEck Natural Resources ETF 0.6 50 15 6.6 +4.4
JIVE JPMorgan International Value ETF 0.6 55 10 8.1 +5.9
IDEV iShares Core MSCI International Developed Markets ETF 0.6 4 61 6.1 +3.9
SMLF iShares U.S. SmallCap Equity Factor ETF 0.6 15 50 5.0 +2.8
STXM Strive Mid-Cap ETF 0.6 18 47 6.1 +3.8
SMMD iShares Russell 2500 ETF 0.6 15 50 5.7 +3.5
EWZ iShares MSCI Brazil ETF 0.6 58 7 10.2 +8.0
AVSD Avantis Responsible International Equity ETF 0.5 23 42 6.0 +3.8
GMET VanEck Green Metals ETF 0.5 63 2 0.8 -1.4
FPXI First Trust International Equity Opportunities ETF 0.5 70 -5 4.2 +2.0
FLAU Franklin FTSE Australia ETF 0.5 9 56 6.0 +3.8
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.5 20 45 6.2 +3.9
FTC First Trust Large Cap Growth AlphaDEX Fund 0.5 59 6 1.9 -0.4
IPAC iShares Core MSCI Pacific ETF 0.5 9 56 5.3 +3.1
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.5 80 -15 3.9 +1.7
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.5 39 26 3.7 +1.5
DFAI Dimensional International Core Equity Market ETF 0.5 18 47 6.1 +3.9
VEA Vanguard FTSE Developed Markets ETF 0.5 3 62 5.9 +3.7
EZM WisdomTree U.S. MidCap Fund 0.5 38 27 8.3 +6.1
VSGX Vanguard ESG International Stock ETF 0.5 10 55 6.6 +4.4
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 0.5 60 5 6.1 +3.9
VFMO Vanguard U.S. Momentum Factor ETF 0.5 13 52 1.7 -0.5
AVIE Avantis  Inflation Focused Equity ETF 0.5 25 40 6.0 +3.7
BFOR ALPS Barron's 400 ETF 0.5 65 0 22.1 +19.9
XJH iShares ESG Screened S&P Mid-Cap ETF 0.4 12 53 6.2 +4.0
IEUS iShares MSCI Europe Small-Cap ETF 0.4 42 23 7.0 +4.8
VXF Vanguard Extended Market ETF 0.4 5 60 3.8 +1.6
DLS WisdomTree International SmallCap Dividend Fund 0.4 58 7 7.4 +5.2
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.4 15 50 7.0 +4.8
VB Vanguard Small-Cap ETF 0.4 5 60 5.4 +3.1
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.4 70 -5 2.3 +0.0
SCHM Schwab U.S. Mid-Cap ETF 0.4 4 61 6.0 +3.8
VPL Vanguard FTSE Pacific ETF 0.4 7 58 5.0 +2.7
IXUS iShares Core MSCI Total International Stock ETF 0.4 7 58 6.6 +4.4
ACSG American Century Small Cap Growth Insights ETF 0.4 49 16 4.9 +2.7
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.4 20 45 4.0 +1.8
DIHP Dimensional International High Profitability ETF 0.4 29 36 5.9 +3.7
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.4 64 1 1.3 -0.9
VXUS Vanguard Total International Stock ETF 0.4 5 60 6.6 +4.4
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 0.4 90 -25 3.3 +1.1
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.4 15 50 6.4 +4.2
SPDW SPDR Portfolio Developed World ex-US ETF 0.4 3 62 5.8 +3.6
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.4 39 26 2.2 +0.0
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.3 12 53 5.4 +3.2
INTF iShares International Equity Factor ETF 0.3 15 50 6.5 +4.3
IWS iShares Russell Mid-Cap Value ETF 0.3 23 42 6.1 +3.9
FDEV Fidelity International Multifactor ETF 0.3 18 47 7.4 +5.2
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.3 25 40 6.2 +4.0
IMCV iShares Morningstar Mid-Cap Value ETF 0.3 6 59 7.1 +4.8
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.3 72 -7 2.8 +0.6
DFAS Dimensional U.S. Small Cap ETF 0.3 26 39 5.7 +3.5
IWR iShares Russell Midcap ETF 0.3 19 46 5.5 +3.2
AFSM First Trust Active Factor Small Cap ETF 0.3 75 -10 5.6 +3.4
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.3 46 19 7.8 +5.6
FDMO Fidelity Momentum Factor ETF 0.3 15 50 2.5 +0.3
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.3 52 13 5.1 +2.9
SIZE iShares MSCI USA Size Factor ETF 0.2 15 50 5.6 +3.4
PIEL Pacer International Export Leaders ETF 0.2 60 5 4.1 +1.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.2 12 53 4.5 +2.2
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.2 17 48 5.0 +2.8
IEFA iShares Core MSCI EAFE ETF 0.2 7 58 6.1 +3.9
UEVM VictoryShares Emerging Markets Value Momentum ETF 0.2 45 20 9.9 +7.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 56 4.8 +2.6
PICK iShares MSCI Global Metals & Mining Producers ETF 0.2 39 26 8.3 +6.1
XC WisdomTree Emerging Markets Ex-China Fund 0.2 32 33 6.9 +4.7
ISCV iShares Morningstar Small Cap Value ETF 0.2 6 59 7.9 +5.7
EUSA iShares MSCI USA Equal Weighted ETF 0.2 9 56 5.6 +3.4
ISCB iShares Morningstar Small-Cap ETF 0.2 4 61 5.5 +3.3
SQLV Royce Quant Small-Cap Quality Value ETF 0.2 60 5 7.7 +5.5
AVXC Avantis Emerging Markets Ex-China Equity ETF 0.2 33 32 5.9 +3.7
ISCG iShares Morningstar Small-Cap Growth ETF 0.2 6 59 2.8 +0.6
FNX First Trust Mid Cap Core AlphaDEX Fund 0.2 60 5 6.5 +4.3
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.2 9 56 5.3 +3.1
AVMC Avantis U.S. Mid Cap Equity ETF 0.2 18 47 6.3 +4.1
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.2 24 41 6.1 +3.9
FNDA Schwab Fundamental US Small Co. Index ETF 0.2 25 40 6.3 +4.1
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.2 42 23 7.6 +5.4
BBCA JPMorgan BetaBuilders Canada ETF 0.2 19 46 5.5 +3.3
NUEM Nuveen ESG Emerging Markets Equity ETF 0.2 36 29 5.8 +3.6
ULVM VictoryShares US Value Momentum ETF 0.2 20 45 6.3 +4.1
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.2 42 23 4.2 +2.0
IWO iShares Russell 2000 Growth ETF 0.2 24 41 0.5 -1.7
GLOF iShares Global Equity Factor ETF 0.2 20 45 5.5 +3.3
VT Vanguard Total World Stock ETF 0.2 6 59 5.0 +2.8
EQL Alps Equal Sector Weight ETF 0.2 25 40 5.3 +3.0
FSMD Fidelity Small-Mid Multifactor ETF 0.2 15 50 6.7 +4.5
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.2 58 7 8.6 +6.4
TPSC Timothy Plan US Small Cap Core ETF 0.2 52 13 6.8 +4.6
JHMM John Hancock Multifactor Mid Cap ETF 0.2 42 23 5.6 +3.4
FIDI Fidelity International High Dividend ETF 0.2 18 47 7.4 +5.2
IDHQ Invesco S&P International Developed High Quality ETF 0.2 29 36 5.1 +2.9
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.2 70 -5 6.4 +4.2
IQLT iShares MSCI Intl Quality Factor ETF 0.2 30 35 5.5 +3.3
DWM WisdomTree International Equity Fund 0.2 48 17 5.7 +3.5
DON WisdomTree U.S. MidCap Dividend Fund 0.2 38 27 8.5 +6.3
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.2 40 25 5.8 +3.6
IMCB iShares Morningstar Mid-Cap ETF 0.1 4 61 5.2 +3.0
VTWG Vanguard Russell 2000 Growth ETF 0.1 10 55 0.7 -1.5
ISMD Inspire Small/Mid Cap ETF 0.1 54 11 5.1 +2.9
SCDS JPMorgan Fundamental Data Science Small Core ETF 0.1 40 25 3.7 +1.5
WSGE Warren Street Global Equity ETF 0.1 80 -15 2.9 +0.7
DIM WisdomTree International MidCap Dividend Fund 0.1 58 7 6.4 +4.2
EEMO Invesco S&P Emerging Markets Momentum ETF 0.1 29 36 6.2 +4.0
DEM WisdomTree Emerging Markets High Dividend Fund 0.1 63 2 10.1 +7.9
STXK Strive Small-Cap ETF 0.1 18 47 5.3 +3.1
QUAL iShares MSCI USA Quality Factor ETF 0.1 15 50 4.4 +2.2
FRDM Freedom 100 Emerging Markets ETF 0.1 49 16 5.2 +3.0
RSSL Global X Russell 2000 ETF 0.1 8 57 2.8 +0.5
FEX First Trust Large Cap Core AlphaDEX Fund 0.1 59 6 5.1 +2.9
IWP iShares Russell Mid-Cap Growth ETF 0.1 23 42 3.1 +0.8
EGUS iShares ESG Aware MSCI USA Growth ETF 0.1 18 47 3.1 +0.9
VEU Vanguard FTSE All-World ex-US Index Fund 0.1 4 61 6.7 +4.5
DFIV Dimensional International Value ETF 0.1 27 38 7.8 +5.6
SCHF Schwab International Equity ETF 0.1 6 59 5.9 +3.7
MNZL Manzil Russell Halal USA Broad MarketETF 0.1 40 25 3.8 +1.6
PEXL Pacer US Export Leaders ETF 0.1 60 5 3.0 +0.8
FDEM Fidelity Emerging Markets Multifactor ETF 0.1 25 40 10.5 +8.3
ESGE iShares ESG Aware MSCI EM ETF 0.1 25 40 8.1 +5.8
XCNY SPDR S&P Emerging Markets ex-China ETF 0.1 15 50 5.6 +3.3
ACWX iShares MSCI ACWI ex U.S. ETF 0.1 34 31 6.4 +4.2
DFUV Dimensional US Marketwide Value ETF 0.1 22 43 6.0 +3.8
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 0 6.7 +4.5
AFMC First Trust Active Factor Mid Cap ETF 0.1 65 0 7.1 +4.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 45 4.7 +2.5
ESGU iShares ESG Aware MSCI USA ETF 0.1 15 50 4.2 +1.9
AVMV Avantis U.S. Mid Cap Value ETF 0.1 20 45 7.7 +5.5
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.1 40 25 5.5 +3.3
IDMO Invesco S&P International Developed Momentum ETF 0.1 25 40 5.1 +2.9
ROAM Hartford Multifactor Emerging Markets ETF 0.1 44 21 7.5 +5.3
PTL Inspire 500 ETF 0.1 9 56 4.6 +2.4
CFA VictoryShares US 500 Volatility Wtd ETF 0.1 35 30 5.5 +3.3
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.1 24 41 7.1 +4.8
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.1 32 33 3.9 +1.7
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.1 12 53 3.9 +1.7
RNEM First Trust Emerging Markets Equity Select ETF 0.1 75 -10 8.2 +6.0
DFAC Dimensional U.S. Core Equity 2 ETF 0.1 17 48 4.7 +2.5
VLUE iShares MSCI USA Value Factor ETF 0.1 15 50 6.1 +3.9
IUSG iShares Core S&P U.S. Growth ETF 0.1 4 61 3.1 +0.9
VONV Vanguard Russell 1000 Value ETF 0.1 7 58 5.4 +3.1
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.1 25 40 7.9 +5.6
TPIF Timothy Plan International ETF 0.1 62 3 5.7 +3.5
IWM iShares Russell 2000 ETF 0.1 19 46 2.7 +0.5
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.1 25 40 5.5 +3.3
VTWO Vanguard Russell 2000 ETF 0.1 7 58 2.8 +0.6
IWD iShares Russell 1000 Value ETF 0.1 19 46 5.3 +3.0
USXF iShares ESG Advanced MSCI USA ETF 0.1 10 55 3.8 +1.6
GLBL Pacer MSCI World Industry Advantage ETF 0.1 65 0 3.4 +1.2
DXUV Dimensional US Vector Equity ETF 0.1 28 37 5.2 +3.0
AQLT iShares MSCI Global Quality Factor ETF 0.1 18 47 0.0 -2.2
INRO iShares U.S. Industry Rotation Active ETF 0.1 42 23 3.5 +1.3
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.1 32 33 7.6 +5.4
BKF iShares MSCI BIC ETF 0.1 69 -4 15.7 +13.5
DCOR Dimensional US Core Equity 1 ETF 0.1 14 51 4.6 +2.4
DFAT Dimensional U.S. Targeted Value ETF 0.1 28 37 8.8 +6.6
BKIE BNY Mellon International Equity ETF 0.1 4 61 18.1 +15.9
DFSU Dimensional US Sustainability Core 1 ETF 0.1 18 47 4.7 +2.5
VEGN US Vegan Climate ETF 0.1 60 5 3.3 +1.1
TOK iShares MSCI Kokusai ETF 0.1 26 39 4.3 +2.1
EMGF iShares Emerging Markets Equity Factor ETF 0.1 25 40 8.8 +6.6
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 56 4.1 +1.9
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.1 38 27 6.9 +4.7
ILCV iShares Morningstar Value ETF 0.1 4 61 5.3 +3.1
STXG Strive 1000 Growth ETF 0.1 18 47 3.3 +1.1
URTH iShares MSCI World ETF 0.1 24 41 4.3 +2.1
ACWI iShares MSCI ACWI ETF 0.1 32 33 4.6 +2.4
VFMF Vanguard U.S. Multifactor ETF 0.1 18 47 6.5 +4.3
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.1 15 50 8.0 +5.8
AVEM Avantis Emerging Markets Equity ETF 0.1 33 32 6.9 +4.7
BKEM BNY Mellon Emerging Markets Equity ETF 0.1 11 54 24.1 +21.9
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.1 18 47 6.4 +4.2
VWO Vanguard FTSE Emerging Markets ETF 0.1 7 58 9.3 +7.0
IEMG iShares Core MSCI Emerging Markets ETF 0.1 9 56 8.1 +5.9
IGRO iShares International Dividend Growth ETF 0.1 15 50 6.8 +4.6
VTHR Vanguard Russell 3000 ETF 0.1 7 58 4.1 +1.9
IWV iShares Russell 3000 ETF 0.1 20 45 4.0 +1.8
VONE Vanguard Russell 1000 ETF 0.1 7 58 4.2 +2.0
EMXC iShares MSCI Emerging Markets ex China ETF 0.1 25 40 4.9 +2.7
IWB iShares Russell 1000 ETF 0.1 15 50 4.2 +2.0
IVLU iShares MSCI Intl Value Factor ETF 0.1 30 35 8.1 +5.9
DFUS Dimensional U.S. Equity ETF 0.1 9 56 4.1 +1.9
DFAE Dimensional Emerging Core Equity Market ETF 0.1 35 30 6.9 +4.7
SCHK Schwab 1000 Index ETF 0.1 5 60 4.3 +2.0
ONEY State Street SPDR Russell 1000 Yield Focus ETF 0.1 20 45 9.1 +6.9
QUS State Street SPDR MSCI USA StrategicFactors ETF 0.1 15 50 5.0 +2.8
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.1 58 7 5.4 +3.2
AVUQ Avantis U.S. Quality ETF 0.1 15 50 3.7 +1.5
SCHB Schwab U.S. Broad Market ETF 0.1 3 62 4.2 +2.0
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.1 25 40 4.9 +2.7
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 11 54 4.2 +1.9
AVUS Avantis U.S. Equity ETF 0.1 15 50 4.8 +2.5
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.1 3 62 4.4 +2.2
JHEM John Hancock Multifactor Emerging Markets ETF 0.1 49 16 7.5 +5.3
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 56 4.4 +2.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.0 3 62 4.1 +1.9
LDEM iShares ESG MSCI EM Leaders ETF 0.0 17 48 12.9 +10.7
DEHP Dimensional Emerging Markets High Profitability ETF 0.0 41 24 4.8 +2.6
VTI Vanguard Total Stock Market ETF 0.0 3 62 4.1 +1.9
DFEV Dimensional Emerging Markets Value ETF 0.0 43 22 9.1 +6.9
SPEM SPDR Portfolio Emerging Markets ETF 0.0 7 58 9.5 +7.3
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 35 5.2 +3.0
IEUR iShares Core MSCI Europe ETF 0.0 11 54 6.6 +4.4
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 0.0 69 -4 7.6 +5.4
EEM iShares MSCI Emerging Markets ETF 0.0 69 -4 7.7 +5.5
VGK Vanguard FTSE Europe ETF 0.0 6 59 6.8 +4.6
VEXC Vanguard Emerging Markets Ex-China ETF 0.0 7 58 5.6 +3.4
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.0 41 24 5.9 +3.7
DFAU Dimensional US Core Equity Market ETF 0.0 12 53 4.3 +2.1
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.0 66 -1 7.3 +5.1
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.0 59 6 8.4 +6.2
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.0 9 56 4.4 +2.1
IQDG WisdomTree International Quality Dividend Growth Fund 0.0 42 23 5.9 +3.7
RWK Invesco S&P MidCap 400 Revenue ETF 0.0 39 26 8.1 +5.9
EMXF iShares ESG Advanced MSCI EM ETF 0.0 16 49 6.6 +4.4
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.0 36 29 7.5 +5.3
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 0.0 30 35 7.9 +5.6
DFSV Dimensional US Small Cap Value ETF 0.0 31 34 8.9 +6.7
SPEU SPDR Portfolio Europe ETF 0.0 7 58 6.8 +4.6
EEMA iShares MSCI Emerging Markets Asia ETF 0.0 49 16 7.4 +5.2
LRGF iShares U.S. Equity Factor ETF 0.0 8 57 4.6 +2.4
CWI SPDR MSCI ACWI ex-US ETF 0.0 30 35 6.4 +4.2
TOV JLens 500 Jewish Advocacy U.S. ETF 0.0 18 47 3.9 +1.7
ILCB iShares Morningstar U.S. Equity ETF 0.0 3 62 4.1 +1.9
PBUS Invesco MSCI USA ETF 0.0 4 61 4.2 +2.0
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 23 4.0 +1.8
AVES Avantis Emerging Markets Value ETF 0.0 36 29 9.0 +6.8
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.0 45 20 8.0 +5.7
SCHE Schwab Emerging Markets Equity ETF 0.0 11 54 9.5 +7.3
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 44 2.9 +0.7
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.0 70 -5 6.8 +4.6
FLAX Franklin FTSE Asia Ex Japan ETF 0.0 19 46 7.0 +4.8
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 36 5.7 +3.5
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.0 50 15 7.9 +5.7
JHML John Hancock Multifactor Large Cap ETF 0.0 29 36 4.5 +2.3
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.0 15 50 8.9 +6.7
GMF SPDR S&P Emerging Asia Pacific ETF 0.0 49 16 8.6 +6.4
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.0 33 32 6.7 +4.5
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.0 41 24 6.8 +4.6
VYM Vanguard High Dividend Yield Index ETF 0.0 6 59 6.3 +4.1
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 40 6.2 +4.0
IWF iShares Russell 1000 Growth ETF 0.0 19 46 15.1 +12.9
VONG Vanguard Russell 1000 Growth ETF 0.0 7 58 3.8 +1.5
DEXC Dimensional Emerging Markets ex China Core EquityETF 0.0 53 12 4.9 +2.7
DTD WisdomTree U.S. Total Dividend Fund 0.0 28 37 5.8 +3.6
EBI Longview Advantage ETF 0.0 35 30 5.9 +3.7
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.0 12 53 6.3 +4.0
FMDE Fidelity Enhanced Mid Cap ETF 0.0 23 42 5.4 +3.2
IMFL Invesco International Developed Dynamic Multifactor ETF 0.0 34 31 5.3 +3.1
THRO iShares U.S. Thematic Rotation Active ETF 0.0 90 -25 3.1 +0.9

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:		 Global X Gold Explorers 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 9.6 %
Divided by: Fwd. P/BV 3.4 x
Less: Expense ratio 65 bp
Equals: ALTAR Score 2.2 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.57 CATEGORY
AVERAGE		 1.58
 
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.