JPMorgan Active China ETF
ALTAR
Score™		 15.5% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 8.7x P/Sales
ratio		 1.4x
P/BV
ratio		 1.0x Div.
yield		 1.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
JCHI is actively managed to hold a narrow portfolio of Chinese equities and equity-related securities that are fundamentally assessed for sustainable growth and disciplined capital management. The fund also considers ESG factors during the investment process.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor JPMorgan Chase
Website am.jpmorgan.com/us/en/asset-management/adv/products/jpmorgan-active-china-etf-etf-shares-46654q880
Inception date Mar 16, 2023
Assets (mns) $15
Currency USD
Expense ratio 65 bp
Distributions Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 51
Wgt avg mkt cap (mns) $184,962
Large cap (>$10bn) 86.6%
Mid cap ($2-10bn) 13.4%
Small cap (<$2bn) 0.0%
Developed mkts 14.5%
Emerging mkts 85.5%

TOP TEN HOLDINGS
TENCENT HOLDINGS LTD 11.3 %
ALIBABA GROUP HOLDING LTD. 8.1 %
PING AN INSURANCE (GROUP) COMPANY 4.6 %
CONTEMPORARY AMPEREX TECHNOLOGY CO 4.2 %
CHINA CONSTRUCTION BANK-H 4.1 %
CHINA MERCHANTS BANK -A 4.0 %
BEIJING SEVENSTAR ELECTRONICS CO., 3.0 %
NETEASE, INC 2.9 %
KWEICHOW MOUTAI CO LTD-A 2.9 %
BANK OF CHINA LTD - H 2.4 %
Total 47.6 %

TOP COUNTRY EXPOSURE
CHINA 93.6 %










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.
0.2% 19.3% -- -- 6.0%

Market Correlations
versus... Beta R-squared
S&P500 0.83 31%
MSCI EAFE 0.67 34%
MSCI Emg. Mkts. 0.65 55%

Technical Indicators
Recent close $53.21
30d moving avg. $55.23
Annualized volatility 22.6%
Short interest (ETF) 1.7%
Relative strength (RSI) 45

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.4%
Bid/Ask (% of price) 0.29%
ADV underlying (mns) $8,770

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 228 potential alternatives to the JPMorgan Active China ETF ETF based on the alternatives' overlap in portfolio holdings with JCHI. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: JCHI Expense: 65 bp ALTAR Score™: 15.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH JCHI
Ticker Fund
Name		 Overlap1
vs JCHI
(%)		 Expense
ratio
(bp)		 Savings
vs JCHI
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs JCHI
(%)
FLCH Franklin FTSE China ETF 37.0 19 46 18.0 +2.5
MCHI iShares MSCI China ETF 36.4 59 6 20.2 +4.8
CXSE WisdomTree China ex-State-Owned Enterprises Fund 36.0 32 33 13.7 -1.7
MCH Matthews China Active ETF 33.2 79 -14 14.6 -0.9
GXC SPDR S & P China ETF 31.1 59 6 18.6 +3.2
BKF iShares MSCI BIC ETF 24.0 69 -4 14.9 -0.6
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 22.4 65 0 6.1 -9.3
EEMO Invesco S&P Emerging Markets Momentum ETF 22.3 29 36 6.6 -8.9
KTEC KraneShares Hang Seng TECH Index ETF 22.2 69 -4 21.0 +5.6
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 22.1 55 10 6.3 -9.2
KWEB KraneShares CSI China Internet ETF 21.5 69 -4 25.0 +9.5
TCHI iShares MSCI China Multisector Tech ETF 20.1 59 6 13.4 -2.1
FDNI First Trust Dow Jones International Internet ETF 19.2 65 0 24.7 +9.3
PXH Invesco FTSE RAFI Emerging Markets ETF 17.7 49 16 13.4 -2.0
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 16.0 20 45 7.4 -8.1
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 16.0 86 -21 13.4 -2.1
CGRO CoreValues Alpha Greater China Growth ETF 15.6 75 -10 5.2 -10.3
MEM Matthews Emerging Markets Equity Active ETF 14.9 79 -14 8.5 -7.0
MINV Matthews Asia Innovators Active ETF 14.8 79 -14 5.1 -10.3
AIA iShares Asia 50 ETF 14.6 50 15 7.7 -7.8
JADE JPMorgan Active Developing Markets Equity ETF 14.4 65 0 6.1 -9.4
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 14.1 33 32 6.7 -8.7
LDEM iShares ESG MSCI EM Leaders ETF 13.8 17 48 12.9 -2.6
CHIQ Global X MSCI China Consumer Discretionary ETF 13.5 65 0 13.7 -1.7
GMF SPDR S&P Emerging Asia Pacific ETF 11.4 49 16 8.6 -6.9
EMC Global X Emerging Markets Great Consumer ETF 11.1 75 -10 7.1 -8.4
FLAX Franklin FTSE Asia Ex Japan ETF 11.1 19 46 7.1 -8.3
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 11.0 39 26 13.7 -1.7
ECON Columbia Emerging Markets Consumer ETF 10.8 49 16 6.6 -8.8
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 10.7 15 50 8.8 -6.6
JIVE JPMorgan International Value ETF 10.2 55 10 8.4 -7.1
JHEM John Hancock Multifactor Emerging Markets ETF 10.2 49 16 7.5 -7.9
VWO Vanguard FTSE Emerging Markets ETF 10.0 7 58 9.2 -6.3
FDEM Fidelity Emerging Markets Multifactor ETF 9.9 25 40 10.4 -5.1
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 9.9 15 50 8.0 -7.5
BKEM BNY Mellon Emerging Markets Equity ETF 9.8 11 54 7.9 -7.6
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 9.8 32 33 7.4 -8.0
SCHE Schwab Emerging Markets Equity ETF 9.8 11 54 9.5 -5.9
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 9.7 66 -1 7.2 -8.3
AAXJ iShares MSCI All Country Asia ex Japan ETF 9.7 70 -5 6.9 -8.6
EEMA iShares MSCI Emerging Markets Asia ETF 9.7 49 16 7.5 -7.9
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 9.7 36 29 7.6 -7.8
CQQQ Invesco China Technology ETF 9.5 70 -5 15.2 -0.3
SPEM SPDR Portfolio Emerging Markets ETF 9.3 7 58 9.5 -6.0
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 9.2 60 5 9.2 -6.3
EMXF iShares ESG Advanced MSCI EM ETF 9.1 16 49 6.7 -8.7
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 8.7 88 -23 8.4 -7.1
EEM iShares MSCI Emerging Markets ETF 8.7 69 -4 7.8 -7.6
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 8.7 69 -4 7.4 -8.0
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 8.7 45 20 8.1 -7.4
NUEM Nuveen ESG Emerging Markets Equity ETF 8.7 36 29 6.1 -9.4
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 8.5 60 5 6.6 -8.9
SOCL Global X Social Media ETF 8.5 65 0 12.5 -2.9
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 8.5 30 35 8.0 -7.4
DEHP Dimensional Emerging Markets High Profitability ETF 8.4 41 24 4.8 -10.7
ESGE iShares ESG Aware MSCI EM ETF 8.3 25 40 8.3 -7.2
LIT Global X Lithium & Battery Tech ETF 8.1 75 -10 5.0 -10.5
FCA First Trust China AlphaDEX Fund 7.8 80 -15 7.5 -8.0
EMGF iShares Emerging Markets Equity Factor ETF 7.8 25 40 8.8 -6.6
IEMG iShares Core MSCI Emerging Markets ETF 7.6 9 56 8.2 -7.3
KGRN KraneShares MSCI China Clean Technology Index ETF 7.6 79 -14 3.4 -12.1
UEVM VictoryShares Emerging Markets Value Momentum ETF 7.5 45 20 9.7 -5.8
DFAE Dimensional Emerging Core Equity Market ETF 7.4 35 30 7.0 -8.5
DEM WisdomTree Emerging Markets High Dividend Fund 7.2 63 2 10.3 -5.2
ROAM Hartford Multifactor Emerging Markets ETF 7.2 44 21 7.5 -8.0
DVYE iShares Emerging Markets Dividend ETF 7.1 49 16 17.9 +2.5
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 7.0 42 23 4.1 -11.4
EVLU iShares MSCI Emerging Markets Value Factor ETF 7.0 35 30 10.0 -5.4
IVRS iShares Future Metaverse Tech and Communications ETF 6.8 47 18 5.2 -10.2
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 6.7 41 24 6.9 -8.6
FMET Fidelity Metaverse ETF 6.7 39 26 4.3 -11.2
BNGE First Trust S-Network Streaming and Gaming ETF 6.6 70 -5 3.1 -12.3
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 6.6 75 -10 3.4 -12.1
ESPO VanEck Video Gaming and eSports ETF 6.5 56 9 6.7 -8.7
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 6.4 50 15 8.1 -7.4
ODDS Pacer BlueStar Digital Entertainment ETF 6.3 60 5 4.7 -10.8
CNYA iShares MSCI China A ETF 6.2 60 5 6.3 -9.2
DFEM Dimensional Emerging Markets Core Equity 2 ETF 6.0 38 27 7.0 -8.5
AVEM Avantis Emerging Markets Equity ETF 6.0 33 32 7.0 -8.4
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 5.9 95 -30 10.0 -5.4
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 5.9 72 -7 2.2 -13.3
ARVR First Trust Indxx Metaverse ETF 5.8 70 -5 3.6 -11.8
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 5.8 30 35 7.6 -7.8
BATT Amplify Lithium & Battery Technology ETF 5.8 59 6 1.9 -13.6
SDEM Global X MSCI SuperDividend Emerging Markets ETF 5.7 67 -2 12.8 -2.7
GSIB Themes Global Systemically Important Banks ETF 5.6 35 30 8.3 -7.1
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 5.6 40 25 6.3 -9.2
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 5.5 59 6 8.6 -6.9
DFEV Dimensional Emerging Markets Value ETF 5.4 43 22 9.4 -6.0
RXI iShares Global Consumer Discretionary ETF 5.0 41 24 8.2 -7.2
IXP iShares Global Comm Services ETF 4.8 42 23 5.7 -9.8
RNEM First Trust Emerging Markets Equity Select ETF 4.7 75 -10 8.2 -7.2
PATN Pacer Nasdaq International Patent Leaders ETF 4.5 65 0 4.0 -11.4
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 4.5 90 -25 3.7 -11.7
AVSE Avantis Responsible Emerging Markets Equity ETF 4.4 33 32 6.6 -8.8
MOTI VanEck Morningstar International Moat ETF 4.2 58 7 10.2 -5.2
EV Mast Global Battery Recycling & Production ETF 4.2 65 0 6.3 -9.1
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 4.2 25 40 6.2 -9.3
PCGG Polen Capital Global Growth ETF 4.1 85 -20 3.9 -11.5
KURE KraneShares MSCI All China Health Care Index ETF 4.1 65 0 3.2 -12.3
METV Roundhill Ball Metaverse ETF 3.8 59 6 8.1 -7.4
JIG JPMorgan International Growth ETF 3.7 55 10 3.6 -11.8
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 3.6 41 24 6.0 -9.5
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 3.5 44 21 9.5 -5.9
GTEK Goldman Sachs Future Tech Leaders Equity ETF 3.5 75 -10 1.7 -13.7
ADIV SmartETFs Asia Pacific Dividend Builder ETF 3.4 78 -13 9.7 -5.8
GGME Invesco Next Gen Media and Gaming ETF 3.3 60 5 4.4 -11.0
GXUS Goldman Sachs MarketBeta Total International Equity ETF 3.3 18 47 6.4 -9.1
MOTG VanEck Morningstar Global Wide Moat ETF 3.2 52 13 8.0 -7.5
ANEW ProShares MSCI Transformational Changes ETF 3.2 45 20 4.4 -11.0
EMMF WisdomTree Emerging Markets Multifactor Fund 3.1 48 17 8.4 -7.0
ACWX iShares MSCI ACWI ex U.S. ETF 3.0 34 31 6.4 -9.1
VEU Vanguard FTSE All-World ex-US Index Fund 2.9 4 61 6.7 -8.7
OND ProShares On-Demand ETF 2.9 58 7 0.5 -15.0
CWI SPDR MSCI ACWI ex-US ETF 2.7 30 35 6.5 -8.9
VXUS Vanguard Total International Stock ETF 2.7 5 60 6.7 -8.8
KSTR KraneShares SSE STAR Market 50 Index ETF 2.6 89 -24 0.7 -14.7
IXUS iShares Core MSCI Total International Stock ETF 2.5 7 58 6.6 -8.9
ACWV iShares MSCI Global Min Vol Factor ETF 2.4 20 45 5.7 -9.7
IQDF FlexShares International Quality Dividend Index Fund 2.4 47 18 7.6 -7.9
GINN Goldman Sachs Innovate Equity ETF 2.3 52 13 3.7 -11.7
ERTH Invesco MSCI Sustainable Future ETF 2.3 62 3 3.0 -12.4
FDRV Fidelity Electric Vehicles and Future Transportation ETF 2.3 39 26 0.9 -14.5
IDRV iShares Self-driving EV & Tech ETF 2.3 47 18 1.3 -14.2
VSGX Vanguard ESG International Stock ETF 2.3 10 55 6.6 -8.9
IBLC iShares Blockchain and Tech ETF 2.3 47 18 -1.2 -16.7
FBOT Fidelity Disruptive Automation ETF 2.3 50 15 2.9 -12.6
DRGN Themes China Generative Artificial Intelligence ETF 2.2 39 26 9.4 -6.1
OGIG ALPS O'Shares Global Internet Giants ETF 2.1 48 17 2.5 -13.0
KOCG FIS Knights of Columbus Global Belief ETF 2.1 75 -10 4.4 -11.0
FEM First Trust Emerging Markets AlphaDEX Fund 2.1 80 -15 9.0 -6.5
FTRI First Trust Indxx Global Natural Resources Income ETF 2.1 70 -5 6.7 -8.8
AGMI Themes Silver Miners ETF 2.1 35 30 4.3 -11.2
AUAU Global X Gold Miners ETF 2.1 35 30 2.8 -12.7
COPX Global X Copper Miners ETF 2.1 65 0 4.3 -11.2
RING iShares MSCI Global Gold Miners ETF 2.1 39 26 3.8 -11.7
CLNR IQ Cleaner Transport ETF 2.0 45 20 3.9 -11.5
FRGN Horizon International Equity ETF 2.0 75 -10 7.8 -7.7
GEW Cambria Global EW ETF 2.0 29 36 5.4 -10.0
EYLD Cambria Emerging Shareholder Yield ETF 2.0 66 -1 9.2 -6.2
MDEV First Trust Indxx Medical Devices ETF 1.9 70 -5 5.1 -10.4
KLMT Invesco MSCI Global Climate 500 ETF 1.8 10 55 5.0 -10.5
CHAT Roundhill Generative AI & Technology ETF 1.8 75 -10 3.9 -11.5
XT iShares Exponential Technologies ETF 1.8 46 19 3.8 -11.6
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.8 47 18 7.2 -8.2
BUYZ Franklin Disruptive Commerce ETF 1.7 50 15 2.5 -13.0
AIQ Global X Artificial Intelligence & Technology ETF 1.7 68 -3 2.7 -12.8
XDAT Franklin Exponential Data ETF 1.7 50 15 1.1 -14.3
ECNS iShares MSCI China Small-Cap ETF 1.7 59 6 9.2 -6.3
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.6 30 35 6.4 -9.0
BOTZ Global X Robotics & Artificial Intelligence ETF 1.6 69 -4 1.8 -13.6
HUMN Roundhill Humanoid Robotics ETF 1.6 75 -10 1.1 -14.4
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.6 45 20 -0.9 -16.4
CGXU Capital Group International Focus Equity ETF 1.5 54 11 3.8 -11.7
MOTO SmartETFs Smart Transportation & Technology ETF 1.5 68 -3 5.2 -10.3
SMOG VanEck Low Carbon Energy ETF 1.5 61 4 1.2 -14.2
ECOW Pacer Emerging Markets Cash Cows 100 ETF 1.5 70 -5 9.5 -6.0
VYMI Vanguard International High Dividend Yield ETF 1.5 17 48 8.1 -7.4
FDCF Fidelity Disruptive Communications ETF 1.5 50 15 1.9 -13.6
ION ProShares S&P Global Core Battery Metals ETF 1.5 58 7 5.9 -9.6
AIVC Amplify Bloomberg AI Value Chain ETF 1.4 59 6 3.3 -12.2
BWEB Bitwise Web3 ETF 1.4 85 -20 -0.1 -15.6
SCHY Schwab International Dividend Equity ETF 1.4 14 51 8.5 -7.0
EDOG ALPS Emerging Sector Dividend Dogs ETF 1.3 60 5 10.7 -4.7
AIS VistaShares Artificial Intelligence Supercycle ETF 1.3 75 -10 0.9 -14.6
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.3 65 0 7.3 -8.2
FEOE First Eagle Overseas Equity ETF 1.3 79 -14 6.2 -9.2
DSTX Distillate International Fundamental Stability & Value ETF 1.2 55 10 6.7 -8.8
ROBO ROBO Global Robotics & Automation Index ETF 1.2 95 -30 2.3 -13.2
IXG iShares Global Financials ETF 1.1 42 23 6.3 -9.2
AVES Avantis Emerging Markets Value ETF 1.1 36 29 8.9 -6.5
DGT State Street SPDR Global Dow ETF 1.1 50 15 5.7 -9.8
ACWI iShares MSCI ACWI ETF 1.1 32 33 4.6 -10.8
DRIV Global X Autonomous & Electric Vehicles ETF 1.0 68 -3 2.9 -12.5
IGRO iShares International Dividend Growth ETF 1.0 15 50 6.8 -8.7
VCLN Virtus Duff & Phelps Clean Energy ETF 1.0 59 6 2.2 -13.3
POW VistaShares Electrification Supercycle ETF 1.0 75 -10 2.0 -13.4
VT Vanguard Total World Stock ETF 1.0 6 59 5.0 -10.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.0 20 45 4.7 -10.7
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 0.9 65 0 4.4 -11.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.9 9 56 4.9 -10.6
GLOF iShares Global Equity Factor ETF 0.9 20 45 5.6 -9.9
PGJ Invesco Golden Dragon China ETF 0.9 70 -5 15.2 -0.2
BPAY BlackRock Future Financial and Technology ETF 0.9 70 -5 5.8 -9.6
UMMA Wahed Dow Jones Islamic World ETF 0.9 65 0 3.5 -12.0
FEGE First Eagle Global Equity ETF 0.9 79 -14 6.1 -9.4
KNCT Invesco Next Gen Connectivity ETF 0.9 40 25 2.9 -12.5
GNR SPDR S&P Global Natural Resources ETF 0.8 40 25 8.6 -6.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.8 12 53 4.4 -11.0
IXC iShares Global Energy ETF 0.8 44 21 7.3 -8.1
IOO iShares Global 100 ETF 0.8 41 24 3.8 -11.7
IPKW Invesco International BuyBack Achievers ETF 0.8 55 10 8.2 -7.3
BOTT Themes Robotics & Automation ETF 0.8 35 30 -4.1 -19.5
ETEC iShares Breakthrough Environmental Solutions ETF 0.8 47 18 2.7 -12.8
SDG iShares MSCI Global Sustainable Development Goals ETF 0.8 49 16 4.5 -11.0
EELV Invesco S&P Emerging Markets Low Volatility ETF 0.8 29 36 8.9 -6.6
IBUY Amplify Online Retail ETF 0.8 65 0 2.3 -13.1
PBD Invesco Global Clean Energy ETF 0.8 75 -10 0.2 -15.3
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 0.7 80 -15 6.9 -8.6
CGIE Capital Group International Equity ETF 0.7 54 11 4.6 -10.8
CARZ First Trust NASDAQ Global Auto Index Fund 0.7 70 -5 2.2 -13.2
WRND IQ Global Equity R&D Leaders ETF 0.7 18 47 4.0 -11.5
CCNR ALPS CoreCommodity Natural Resources ETF 0.7 39 26 8.1 -7.4
JSTC Adasina Social Justice All Cap Global ETF 0.6 89 -24 4.3 -11.1
OBOR KraneShares MSCI One Belt One Road Index ETF 0.6 79 -14 7.5 -7.9
AOTS AOT Software Platform ETF 0.6 49 16 4.6 -10.9
PICK iShares MSCI Global Metals & Mining Producers ETF 0.6 39 26 8.0 -7.5
NXTG First Trust Indxx NextG ETF 0.6 70 -5 3.4 -12.0
HAP VanEck Natural Resources ETF 0.6 50 15 6.8 -8.7
DEW WisdomTree Global High Dividend Fund 0.5 58 7 7.2 -8.2
CGDG Capital Group Dividend Growers ETF 0.5 47 18 5.2 -10.3
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.5 46 19 7.8 -7.7
JGLO JPMorgan Global Select Equity ETF 0.5 33 32 4.3 -11.1
AQLT iShares MSCI Global Quality Factor ETF 0.4 18 47 0.0 -15.5
VIGI Vanguard International Dividend Appreciation ETF 0.4 10 55 6.1 -9.4
TTAI FCF International Quality ETF 0.3 59 6 6.8 -8.7
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.3 80 -15 6.7 -8.8
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.3 70 -5 6.5 -9.0
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.3 65 0 1.4 -14.1
IXN iShares Global Tech ETF 0.3 41 24 2.6 -12.8
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.2 42 23 7.6 -7.9
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.2 58 7 3.4 -12.1
INTF iShares International Equity Factor ETF 0.2 15 50 6.5 -8.9
APIE ActivePassive International Equity ETF 0.1 45 20 6.4 -9.0
ISCF iShares International SmallCap Equity Factor ETF 0.0 23 42 7.3 -8.2
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 23 4.0 -11.4
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.0 8 57 6.3 -9.1
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 44 2.9 -12.6

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:		 JPMorgan Active China 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 15.2 %
Divided by: Fwd. P/BV 0.9 x
Less: Expense ratio 65 bp
Equals: ALTAR Score 15.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.41 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.