iShares ESG MSCI EM Leaders ETF
ALTAR
Score™		 12.9% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 10.6x P/Sales
ratio		 1.5x
P/BV
ratio		 1.3x Div.
yield		 2.2%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
LDEM tracks a tier-weighted index composed of emerging market large- and midcap stocks with high environmental, social, and governance traits relative to their sector peers.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Blackrock
Website www.blackrock.com
Inception date Feb 05, 2020
Assets (mns) $32
Currency USD
Expense ratio 17 bp
Distributions Semi-annual

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 425
Wgt avg mkt cap (mns) $165,247
Large cap (>$10bn) 79.4%
Mid cap ($2-10bn) 20.2%
Small cap (<$2bn) 0.1%
Developed mkts 3.7%
Emerging mkts 96.3%

TOP TEN HOLDINGS
TAIWAN SEMICONDUCTOR MANUFAC 6.4 %
TENCENT HOLDINGS LTD 4.1 %
ALIBABA GROUP HOLDING LTD. 4.0 %
DELTA ELECTRONICS INC 3.5 %
CHINA CONSTRUCTION BANK-H 2.4 %
HDFC BANK LIMITED 2.0 %
RELIANCE INDUSTRIES LTD 1.9 %
SK SQUARE CO., LTD. 1.7 %
IND & COMM BK OF CHINA - H 1.3 %
UNITED MICROELECTRONICS CORP 1.1 %
Total 28.5 %

TOP COUNTRY EXPOSURE
CHINA 24.1 %
TAIWAN 17.9 %
INDIA 12.4 %
SOUTH KOREA 9.9 %
SOUTH AFRICA 5.7 %
BRAZIL 3.9 %
SAUDI ARABIA 2.7 %
HONG KONG 2.7 %
MEXICO 2.6 %
MALAYSIA 2.3 %

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.
6.7% 26.4% 2.3% -- 5.5%

Market Correlations
versus... Beta R-squared
S&P500 1.10 54%
MSCI EAFE 0.91 59%
MSCI Emg. Mkts. 0.82 85%

Technical Indicators
Recent close $58.68
30d moving avg. $62.00
Annualized volatility 17.6%
Short interest (ETF) 0.5%
Relative strength (RSI) 43

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.2%
Bid/Ask (% of price) 0.17%
ADV underlying (mns) $18,285

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 450 potential alternatives to the iShares ESG MSCI EM Leaders ETF ETF based on the alternatives' overlap in portfolio holdings with LDEM. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: LDEM Expense: 17 bp ALTAR Score™: 12.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH LDEM
Ticker Fund
Name		 Overlap1
vs LDEM
(%)		 Expense
ratio
(bp)		 Savings
vs LDEM
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs LDEM
(%)
ESGE iShares ESG Aware MSCI EM ETF 45.0 25 -8 8.3 -4.6
PXH Invesco FTSE RAFI Emerging Markets ETF 42.5 49 -32 13.4 +0.6
BKF iShares MSCI BIC ETF 42.2 69 -52 14.9 +2.0
NUEM Nuveen ESG Emerging Markets Equity ETF 42.1 36 -19 6.1 -6.8
JHEM John Hancock Multifactor Emerging Markets ETF 41.7 49 -32 7.5 -5.3
ECON Columbia Emerging Markets Consumer ETF 39.6 49 -32 6.6 -6.2
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 39.6 69 -52 7.4 -5.4
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 39.1 39 -22 13.7 +0.9
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 38.9 30 -13 7.6 -5.2
EEM iShares MSCI Emerging Markets ETF 38.8 69 -52 7.8 -5.0
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 38.6 15 2 8.8 -4.0
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 38.3 66 -49 7.2 -5.7
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 38.2 15 2 8.0 -4.9
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 37.9 30 -13 8.0 -4.8
EEMA iShares MSCI Emerging Markets Asia ETF 36.7 49 -32 7.5 -5.3
BKEM BNY Mellon Emerging Markets Equity ETF 36.4 11 6 7.9 -5.0
SCHE Schwab Emerging Markets Equity ETF 36.3 11 6 9.5 -3.3
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 35.9 36 -19 7.6 -5.2
VWO Vanguard FTSE Emerging Markets ETF 35.9 7 10 9.2 -3.7
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 35.6 45 -28 8.1 -4.8
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 35.2 32 -15 7.4 -5.4
SPEM SPDR Portfolio Emerging Markets ETF 34.7 7 10 9.5 -3.4
IEMG iShares Core MSCI Emerging Markets ETF 34.7 9 8 8.2 -4.7
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 34.5 24 -7 5.2 -7.6
AAXJ iShares MSCI All Country Asia ex Japan ETF 33.7 70 -53 6.9 -6.0
VEXC Vanguard Emerging Markets Ex-China ETF 33.4 7 10 5.7 -7.1
FLAX Franklin FTSE Asia Ex Japan ETF 32.8 19 -2 7.1 -5.7
EMXC iShares MSCI Emerging Markets ex China ETF 32.7 25 -8 5.1 -7.8
XCNY SPDR S&P Emerging Markets ex-China ETF 32.1 15 2 5.7 -7.2
AIA iShares Asia 50 ETF 31.8 50 -33 7.7 -5.2
EMGF iShares Emerging Markets Equity Factor ETF 31.8 25 -8 8.8 -4.0
DFAE Dimensional Emerging Core Equity Market ETF 31.7 35 -18 7.0 -5.9
GMF SPDR S&P Emerging Asia Pacific ETF 31.3 49 -32 8.6 -4.3
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 31.1 20 -3 7.4 -5.5
XCEM Columbia EM Core ex-China ETF 31.1 16 1 4.9 -7.9
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 30.9 33 -16 6.7 -6.1
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 30.3 41 -24 6.9 -6.0
STXE Strive Emerging Markets Ex-China ETF 30.0 32 -15 5.2 -7.7
DFEM Dimensional Emerging Markets Core Equity 2 ETF 27.3 38 -21 7.0 -5.9
EMC Global X Emerging Markets Great Consumer ETF 27.2 75 -58 7.1 -5.8
EMDM First Trust Bloomberg Emerging Market Democracies ETF 26.9 75 -58 6.4 -6.5
MCHI iShares MSCI China ETF 26.9 59 -42 20.2 +7.4
DEHP Dimensional Emerging Markets High Profitability ETF 26.7 41 -24 4.8 -8.1
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 26.4 50 -33 8.1 -4.8
DFEV Dimensional Emerging Markets Value ETF 26.2 43 -26 9.4 -3.4
FLCH Franklin FTSE China ETF 25.8 19 -2 18.0 +5.1
GXC SPDR S & P China ETF 25.8 59 -42 18.6 +5.8
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 25.7 59 -42 8.6 -4.3
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 25.6 32 -15 4.8 -8.0
AVEM Avantis Emerging Markets Equity ETF 25.5 33 -16 7.0 -5.8
EEMO Invesco S&P Emerging Markets Momentum ETF 25.1 29 -12 6.6 -6.3
MEM Matthews Emerging Markets Equity Active ETF 25.0 79 -62 8.5 -4.4
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 24.9 25 -8 6.2 -6.7
EMMF WisdomTree Emerging Markets Multifactor Fund 24.7 48 -31 8.4 -4.4
RNEM First Trust Emerging Markets Equity Select ETF 24.3 75 -58 8.2 -4.6
FTHF First Trust Emerging Markets Human Flourishing ETF 24.3 75 -58 5.8 -7.0
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 23.9 44 -27 9.5 -3.3
JADE JPMorgan Active Developing Markets Equity ETF 23.6 65 -48 6.1 -6.8
XC WisdomTree Emerging Markets Ex-China Fund 23.4 32 -15 6.6 -6.2
EVLU iShares MSCI Emerging Markets Value Factor ETF 22.6 35 -18 10.0 -2.8
ROAM Hartford Multifactor Emerging Markets ETF 22.4 44 -27 7.5 -5.4
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 22.4 88 -71 8.4 -4.5
AVSE Avantis Responsible Emerging Markets Equity ETF 21.9 33 -16 6.6 -6.2
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 21.8 40 -23 6.3 -6.6
FDEM Fidelity Emerging Markets Multifactor ETF 21.6 25 -8 10.4 -2.5
DEXC Dimensional Emerging Markets ex China Core EquityETF 20.8 53 -36 5.1 -7.8
FXI iShares China Large-Cap ETF 19.9 74 -57 21.0 +8.2
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 18.3 95 -78 10.0 -2.8
JIVE JPMorgan International Value ETF 18.2 55 -38 8.4 -4.5
CXSE WisdomTree China ex-State-Owned Enterprises Fund 18.1 32 -15 13.7 +0.9
DEM WisdomTree Emerging Markets High Dividend Fund 18.1 63 -46 10.3 -2.6
EWT iShares MSCI Taiwan ETF 17.8 58 -41 3.0 -9.8
FLTW Franklin FTSE Taiwan ETF 17.8 19 -2 3.4 -9.5
EELV Invesco S&P Emerging Markets Low Volatility ETF 17.2 29 -12 8.9 -4.0
AVES Avantis Emerging Markets Value ETF 16.7 36 -19 8.9 -3.9
AVXC Avantis Emerging Markets Ex-China Equity ETF 16.7 33 -16 6.1 -6.8
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 16.4 60 -43 9.2 -3.7
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 16.1 41 -24 6.0 -6.9
ACWX iShares MSCI ACWI ex U.S. ETF 15.7 34 -17 6.4 -6.5
UEVM VictoryShares Emerging Markets Value Momentum ETF 15.4 45 -28 9.7 -3.2
VSGX Vanguard ESG International Stock ETF 15.3 10 7 6.6 -6.3
EMM Global X Emerging Markets ex-China ETF 15.2 75 -58 4.7 -8.1
FRDM Freedom 100 Emerging Markets ETF 14.9 49 -32 5.3 -7.5
MINV Matthews Asia Innovators Active ETF 14.9 79 -62 5.1 -7.7
KTEC KraneShares Hang Seng TECH Index ETF 14.8 69 -52 21.0 +8.2
GXUS Goldman Sachs MarketBeta Total International Equity ETF 14.4 18 -1 6.4 -6.5
VEU Vanguard FTSE All-World ex-US Index Fund 14.4 4 13 6.7 -6.1
JCHI JPMorgan Active China ETF 13.8 65 -48 15.5 +2.6
IXUS iShares Core MSCI Total International Stock ETF 13.7 7 10 6.6 -6.3
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 13.7 42 -25 4.1 -8.8
VXUS Vanguard Total International Stock ETF 13.6 5 12 6.7 -6.2
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 13.5 86 -69 13.4 +0.5
PATN Pacer Nasdaq International Patent Leaders ETF 13.0 65 -48 4.0 -8.8
MCH Matthews China Active ETF 12.8 79 -62 14.6 +1.7
KWEB KraneShares CSI China Internet ETF 12.7 69 -52 25.0 +12.1
FDNI First Trust Dow Jones International Internet ETF 12.4 65 -48 24.7 +11.9
INDA iShares MSCI India ETF 12.4 65 -48 4.7 -8.2
CLNR IQ Cleaner Transport ETF 12.3 45 -28 3.9 -8.9
PIN Invesco India ETF 12.0 78 -61 4.8 -8.0
FRGN Horizon International Equity ETF 11.8 75 -58 7.8 -5.1
TCHI iShares MSCI China Multisector Tech ETF 11.1 59 -42 13.4 +0.5
ACWV iShares MSCI Global Min Vol Factor ETF 10.8 20 -3 5.7 -7.1
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 10.6 90 -73 3.7 -9.1
JIG JPMorgan International Growth ETF 10.5 55 -38 3.6 -9.2
FLIN Franklin FTSE India ETF 10.4 19 -2 4.2 -8.6
EPI WisdomTree India Earnings Fund 10.0 85 -68 5.2 -7.7
EWY iShares MSCI South Korea ETF 9.9 58 -41 3.2 -9.6
INDY iShares India 50 ETF 9.8 89 -72 5.4 -7.4
MOTI VanEck Morningstar International Moat ETF 9.7 58 -41 10.2 -2.6
VYMI Vanguard International High Dividend Yield ETF 9.7 17 0 8.1 -4.8
NFTY First Trust India NIFTY 50 Equal Weight ETF 9.4 80 -63 5.0 -7.9
CGXU Capital Group International Focus Equity ETF 9.3 54 -37 3.8 -9.1
FEM First Trust Emerging Markets AlphaDEX Fund 9.1 80 -63 9.0 -3.9
DFAX Dimensional World ex U.S. Core Equity 2 ETF 9.1 30 -13 6.4 -6.4
CWI SPDR MSCI ACWI ex-US ETF 9.0 30 -13 6.5 -6.3
AQLT iShares MSCI Global Quality Factor ETF 9.0 18 -1 0.0 -12.9
IQDF FlexShares International Quality Dividend Index Fund 8.8 47 -30 7.6 -5.3
IQDY FlexShares International Quality Dividend Dynamic Index Fund 8.7 47 -30 7.2 -5.6
CHIQ Global X MSCI China Consumer Discretionary ETF 8.7 65 -48 13.7 +0.9
FLKR Franklin FTSE South Korea ETF 8.6 9 8 4.3 -8.6
WRND IQ Global Equity R&D Leaders ETF 8.4 18 -1 4.0 -8.9
IGRO iShares International Dividend Growth ETF 8.2 15 2 6.8 -6.1
MOTG VanEck Morningstar Global Wide Moat ETF 7.8 52 -35 8.0 -4.9
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 7.7 80 -63 6.9 -6.0
EYLD Cambria Emerging Shareholder Yield ETF 7.5 66 -49 9.2 -3.6
FBOT Fidelity Disruptive Automation ETF 7.5 50 -33 2.9 -10.0
FLLA Franklin FTSE Latin America ETF 7.3 19 -2 10.9 -2.0
DVYE iShares Emerging Markets Dividend ETF 7.1 49 -32 17.9 +5.1
KNCT Invesco Next Gen Connectivity ETF 7.0 40 -23 2.9 -9.9
FLN First Trust Latin America AlphaDEX Fund 6.5 80 -63 10.4 -2.5
AGIX KraneShares Artificial Intelligence and Technology ETF 6.4 99 -82 1.0 -11.8
CGRO CoreValues Alpha Greater China Growth ETF 6.4 75 -58 5.2 -7.7
IXP iShares Global Comm Services ETF 6.3 42 -25 5.7 -7.2
NXTG First Trust Indxx NextG ETF 6.2 70 -53 3.4 -9.4
RXI iShares Global Consumer Discretionary ETF 6.1 41 -24 8.2 -4.6
CRBN iShares MSCI ACWI Low Carbon Target ETF 6.1 20 -3 4.7 -8.1
GTEK Goldman Sachs Future Tech Leaders Equity ETF 6.0 75 -58 1.7 -11.1
DSTX Distillate International Fundamental Stability & Value ETF 5.9 55 -38 6.7 -6.2
FMET Fidelity Metaverse ETF 5.9 39 -22 4.3 -8.6
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 5.9 12 5 4.4 -8.4
DOL WisdomTree International LargeCap Dividend Fund 5.9 48 -31 5.7 -7.2
SDEM Global X MSCI SuperDividend Emerging Markets ETF 5.8 67 -50 12.8 -0.1
ACWI iShares MSCI ACWI ETF 5.7 32 -15 4.6 -8.2
CQQQ Invesco China Technology ETF 5.7 70 -53 15.2 +2.4
EZA iShares MSCI South Africa ETF 5.7 58 -41 9.3 -3.6
VIDI Vident International Equity Strategy ETF 5.6 61 -44 8.1 -4.8
KLMT Invesco MSCI Global Climate 500 ETF 5.4 10 7 5.0 -7.9
FDT First Trust Developed Markets ex-US AlphaDEX Fund 5.3 80 -63 6.7 -6.2
IVRS iShares Future Metaverse Tech and Communications ETF 5.3 47 -30 5.2 -7.6
ECOW Pacer Emerging Markets Cash Cows 100 ETF 5.2 70 -53 9.5 -3.4
BNGE First Trust S-Network Streaming and Gaming ETF 5.2 70 -53 3.1 -9.7
OAIM OneAscent International Equity ETF 5.2 95 -78 4.7 -8.2
SOCL Global X Social Media ETF 5.1 65 -48 12.5 -0.3
ADIV SmartETFs Asia Pacific Dividend Builder ETF 5.1 78 -61 9.7 -3.2
IXN iShares Global Tech ETF 5.1 41 -24 2.6 -10.2
EDIV SPDR S&P Emerging Markets Dividend ETF 5.0 49 -32 9.1 -3.8
VT Vanguard Total World Stock ETF 5.0 6 11 5.0 -7.9
JSTC Adasina Social Justice All Cap Global ETF 4.9 89 -72 4.3 -8.5
SCHY Schwab International Dividend Equity ETF 4.9 14 3 8.5 -4.4
WWJD Inspire International ETF 4.9 80 -63 6.4 -6.5
XT iShares Exponential Technologies ETF 4.8 46 -29 3.8 -9.0
AGQI First Trust Active Global Quality Income ETF 4.8 85 -68 6.5 -6.4
AFK VanEck Africa Index ETF 4.7 98 -81 11.2 -1.6
CHAT Roundhill Generative AI & Technology ETF 4.7 75 -58 3.9 -8.9
OCEN IQ Clean Oceans ETF 4.6 45 -28 4.6 -8.3
TINY ProShares Nanotechnology ETF 4.6 58 -41 1.3 -11.6
GLOF iShares Global Equity Factor ETF 4.6 20 -3 5.6 -7.3
ARTY iShares Future AI & Tech ETF 4.6 47 -30 2.4 -10.5
METV Roundhill Ball Metaverse ETF 4.4 59 -42 8.1 -4.8
ESPO VanEck Video Gaming and eSports ETF 4.3 56 -39 6.7 -6.1
ODDS Pacer BlueStar Digital Entertainment ETF 4.3 60 -43 4.7 -8.2
UIVM VictoryShares International Value Momentum ETF 4.3 35 -18 8.2 -4.6
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 4.2 75 -58 3.4 -9.5
ILF iShares Latin America 40 ETF 4.1 48 -31 10.0 -2.9
PCGG Polen Capital Global Growth ETF 4.1 85 -68 3.9 -8.9
POW VistaShares Electrification Supercycle ETF 4.1 75 -58 2.0 -10.8
IBAT iShares Energy Storage & Materials ETF 4.0 47 -30 1.5 -11.4
GINN Goldman Sachs Innovate Equity ETF 3.9 52 -35 3.7 -9.1
EWZ iShares MSCI Brazil ETF 3.9 58 -41 11.2 -1.7
VPL Vanguard FTSE Pacific ETF 3.7 7 10 5.3 -7.6
NDIA Global X India Active ETF 3.7 75 -58 5.3 -7.6
ANEW ProShares MSCI Transformational Changes ETF 3.6 45 -28 4.4 -8.4
GVAL Cambria Global Value ETF 3.6 68 -51 9.0 -3.9
FLBR Franklin FTSE Brazil ETF 3.6 19 -2 12.2 -0.6
LEGR First Trust Indxx Innovative Transaction & Process ETF 3.6 65 -48 7.3 -5.6
BAI iShares AI Innovation and Tech Active ETF 3.3 55 -38 0.9 -11.9
ARVR First Trust Indxx Metaverse ETF 3.3 70 -53 3.6 -9.2
FCA First Trust China AlphaDEX Fund 3.3 80 -63 7.5 -5.4
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 3.2 60 -43 6.6 -6.3
JPIN J.P. Morgan Diversified Return International Equity ETF 3.2 37 -20 7.2 -5.7
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 3.2 46 -29 7.8 -5.1
AIVC Amplify Bloomberg AI Value Chain ETF 3.2 59 -42 3.3 -9.6
BLES Inspire Global Hope ETF 3.1 61 -44 5.7 -7.1
IXG iShares Global Financials ETF 3.1 42 -25 6.3 -6.6
OBOR KraneShares MSCI One Belt One Road Index ETF 3.0 79 -62 7.5 -5.3
DWX SPDR S&P International Dividend ETF 3.0 45 -28 6.8 -6.0
PBD Invesco Global Clean Energy ETF 3.0 75 -58 0.2 -12.7
SDG iShares MSCI Global Sustainable Development Goals ETF 3.0 49 -32 4.5 -8.4
PICK iShares MSCI Global Metals & Mining Producers ETF 2.9 39 -22 8.0 -4.9
GSIB Themes Global Systemically Important Banks ETF 2.9 35 -18 8.3 -4.5
FLSA Franklin FTSE Saudi Arabia ETF 2.7 39 -22 0.0 -12.9
KSA iShares MSCI Saudi Arabia ETF 2.7 74 -57 0.0 -12.9
VIGI Vanguard International Dividend Appreciation ETF 2.7 10 7 6.1 -6.8
INCO Columbia India Consumer ETF 2.6 75 -58 2.2 -10.6
EWW iShares MSCI Mexico ETF 2.6 50 -33 8.4 -4.5
FLMX Franklin FTSE Mexico ETF 2.6 19 -2 8.8 -4.1
IBUY Amplify Online Retail ETF 2.5 65 -48 2.3 -10.5
OGIG ALPS O'Shares Global Internet Giants ETF 2.5 48 -31 2.5 -10.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 2.4 9 8 4.9 -8.0
FDRV Fidelity Electric Vehicles and Future Transportation ETF 2.4 39 -22 0.9 -11.9
IDRV iShares Self-driving EV & Tech ETF 2.3 47 -30 1.3 -11.6
ASEA Global X FTSE Southeast Asia ETF 2.3 65 -48 5.5 -7.3
IBLC iShares Blockchain and Tech ETF 2.3 47 -30 -1.2 -14.1
EWM iShares MSCI Malaysia ETF 2.3 50 -33 6.5 -6.4
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 2.3 24 -7 6.9 -5.9
DGT State Street SPDR Global Dow ETF 2.2 50 -33 5.7 -7.2
DTCR Global X Data Center & Digital Infrastructure ETF 2.1 50 -33 3.2 -9.7
FNDF Schwab Fundamental International Large Co. Index ETF 2.1 25 -8 7.4 -5.5
FEOE First Eagle Overseas Equity ETF 2.1 79 -62 6.2 -6.6
ERTH Invesco MSCI Sustainable Future ETF 2.1 62 -45 3.0 -9.8
TPIF Timothy Plan International ETF 2.1 62 -45 5.6 -7.2
HFXI IQ FTSE International Equity Currency Neutral ETF 2.1 20 -3 5.6 -7.2
FDCF Fidelity Disruptive Communications ETF 2.0 50 -33 1.9 -11.0
GEW Cambria Global EW ETF 2.0 29 -12 5.4 -7.4
EPOL iShares MSCI Poland ETF 2.0 59 -42 9.1 -3.7
IPAV Global X Infrastructure Development ex-U.S. ETF 2.0 55 -38 5.7 -7.1
KGRN KraneShares MSCI China Clean Technology Index ETF 1.9 79 -62 3.4 -9.5
DEW WisdomTree Global High Dividend Fund 1.9 58 -41 7.2 -5.6
FID First Trust S&P International Dividend Aristocrats ETF 1.9 60 -43 7.8 -5.1
WDIV SPDR S&P Global Dividend ETF 1.9 40 -23 9.1 -3.8
ROBO ROBO Global Robotics & Automation Index ETF 1.9 95 -78 2.3 -10.6
CIL VictoryShares International Volatility Wtd ETF 1.9 45 -28 5.8 -7.0
DRIV Global X Autonomous & Electric Vehicles ETF 1.9 68 -51 2.9 -9.9
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.9 72 -55 2.2 -10.7
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.9 65 -48 1.4 -11.5
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 1.7 47 -30 5.0 -7.9
SCHF Schwab International Equity ETF 1.7 6 11 6.0 -6.9
ICOW Pacer Developed Markets International Cash Cows 100 ETF 1.7 65 -48 7.8 -5.0
OTGL OTG Latin America ETF 1.7 269 -252 7.9 -4.9
BUYZ Franklin Disruptive Commerce ETF 1.7 50 -33 2.5 -10.4
VEA Vanguard FTSE Developed Markets ETF 1.7 3 14 6.0 -6.9
GGME Invesco Next Gen Media and Gaming ETF 1.7 60 -43 4.4 -8.4
AIQ Global X Artificial Intelligence & Technology ETF 1.7 68 -51 2.7 -10.2
XDAT Franklin Exponential Data ETF 1.7 50 -33 1.1 -11.7
CARZ First Trust NASDAQ Global Auto Index Fund 1.6 70 -53 2.2 -10.6
MOTO SmartETFs Smart Transportation & Technology ETF 1.6 68 -51 5.2 -7.7
RCGE RockCreek Global Equality ETF 1.6 95 -78 6.2 -6.7
KURE KraneShares MSCI All China Health Care Index ETF 1.6 65 -48 3.2 -9.7
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 1.6 45 -28 6.8 -6.1
FEGE First Eagle Global Equity ETF 1.6 79 -62 6.1 -6.8
BATT Amplify Lithium & Battery Technology ETF 1.6 59 -42 1.9 -11.0
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.6 45 -28 -0.9 -13.8
TTAI FCF International Quality ETF 1.6 59 -42 6.8 -6.1
WTAI WisdomTree Artificial Intelligence and Innovation Fund 1.5 45 -28 1.8 -11.0
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.5 49 -32 6.1 -6.8
JGLO JPMorgan Global Select Equity ETF 1.5 33 -16 4.3 -8.5
ISHP First Trust Nasdaq Retail ETF 1.4 60 -43 5.5 -7.4
IPKW Invesco International BuyBack Achievers ETF 1.4 55 -38 8.2 -4.7
RING iShares MSCI Global Gold Miners ETF 1.4 39 -22 3.8 -9.1
UAE iShares MSCI UAE ETF 1.4 59 -42 0.0 -12.9
BWEB Bitwise Web3 ETF 1.4 85 -68 -0.1 -13.0
SPDW SPDR Portfolio Developed World ex-US ETF 1.4 3 14 5.8 -7.0
SMOG VanEck Low Carbon Energy ETF 1.4 61 -44 1.2 -11.6
COPY Tweedy, Browne Insider + Value ETF 1.4 80 -63 14.9 +2.1
ICPY Tweedy, Browne International Insider Value ETF 1.4 80 -63 21.5 +8.7
ION ProShares S&P Global Core Battery Metals ETF 1.4 58 -41 5.9 -7.0
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.3 58 -41 3.4 -9.5
LIT Global X Lithium & Battery Tech ETF 1.3 75 -58 5.0 -7.9
URA Global X Uranium ETF 1.3 69 -52 0.9 -12.0
OND ProShares On-Demand ETF 1.3 58 -41 0.5 -12.4
KOCG FIS Knights of Columbus Global Belief ETF 1.2 75 -58 4.4 -8.4
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.2 12 5 8.8 -4.1
FNDC Schwab Fundamental International Small Co. Index ETF 1.2 39 -22 6.8 -6.0
BRAZ Global X Brazil Active ETF 1.2 75 -58 10.8 -2.0
EXI iShares Global Industrials ETF 1.2 42 -25 3.6 -9.3
GMET VanEck Green Metals ETF 1.2 63 -46 0.5 -12.3
FPXI First Trust International Equity Opportunities ETF 1.1 70 -53 3.7 -9.2
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 1.1 86 -69 0.3 -12.5
THD iShares MSCI Thailand ETF 1.1 58 -41 0.0 -12.9
GCOW Pacer Global Cash Cows Dividend ETF 1.1 60 -43 9.4 -3.5
CRAK VanEck Oil Refiners ETF 1.1 61 -44 9.2 -3.7
CCNR ALPS CoreCommodity Natural Resources ETF 1.0 39 -22 8.1 -4.8
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 1.0 58 -41 7.1 -5.8
CGDG Capital Group Dividend Growers ETF 1.0 47 -30 5.2 -7.7
SRVR Pacer Data & Infrastructure Real Estate ETF 1.0 55 -38 3.7 -9.1
FTAG First Trust Indxx Global Agriculture ETF 1.0 70 -53 7.2 -5.6
KXI iShares Global Consumer Staples ETF 0.9 41 -24 5.3 -7.5
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.9 80 -63 3.6 -9.3
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.9 10 7 8.6 -4.2
EPU iShares MSCI Peru and Global Exposure ETF 0.9 59 -42 4.8 -8.1
IMFL Invesco International Developed Dynamic Multifactor ETF 0.8 34 -17 5.2 -7.7
CNYA iShares MSCI China A ETF 0.8 60 -43 6.3 -6.6
IOO iShares Global 100 ETF 0.8 41 -24 3.8 -9.1
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 0.8 65 -48 6.1 -6.7
IQSI IQ Candriam International Equity ETF 0.8 15 2 5.6 -7.3
ETEC iShares Breakthrough Environmental Solutions ETF 0.8 47 -30 2.7 -10.2
GLIN VanEck India Growth Leaders ETF 0.8 77 -60 5.5 -7.4
FPAG FPA Global Equity ETF 0.8 49 -32 5.8 -7.0
HAP VanEck Natural Resources ETF 0.8 50 -33 6.8 -6.1
ICLN iShares Global Clean Energy ETF 0.7 41 -24 1.7 -11.2
ECH iShares MSCI Chile ETF 0.7 58 -41 7.8 -5.1
EV Mast Global Battery Recycling & Production ETF 0.7 65 -48 6.3 -6.5
TNUK Tortoise Nuclear Renaissance ETF 0.7 75 -58 0.8 -12.0
CGIE Capital Group International Equity ETF 0.7 54 -37 4.6 -8.2
EDOG ALPS Emerging Sector Dividend Dogs ETF 0.7 60 -43 10.7 -2.1
CGV Conductor Global Equity Value ETF 0.7 130 -113 7.7 -5.2
IDOG ALPS International Sector Dividend Dogs ETF 0.7 50 -33 9.2 -3.7
UMMA Wahed Dow Jones Islamic World ETF 0.7 65 -48 3.5 -9.4
VEGI iShares MSCI Agriculture Producers ETF 0.6 39 -22 7.7 -5.2
IGPT Invesco AI and Next Gen Software ETF 0.6 60 -43 2.4 -10.5
GREK Global X MSCI Greece ETF 0.6 57 -40 9.4 -3.5
DIVI Franklin International Core Dividend Tilt Index ETF 0.6 9 8 6.6 -6.3
NUKZ Range Nuclear Renaissance Index ETF 0.6 85 -68 1.3 -11.5
DTAN Sparkline International Intangible Value ETF 0.6 55 -38 7.1 -5.8
VGK Vanguard FTSE Europe ETF 0.6 6 11 6.6 -6.3
OZEM Roundhill GLP-1 & Weight Loss ETF 0.5 59 -42 5.5 -7.3
THNR Amplify Weight Loss Drug & Treatment ETF 0.5 59 -42 5.9 -6.9
GSID Goldman Sachs MarketBeta International Equity ETF 0.5 20 -3 5.9 -7.0
CZA Invesco Zacks Mid-Cap ETF 0.5 72 -55 5.9 -7.0
FFND Future Fund Active ETF 0.5 100 -83 4.3 -8.5
JHDV John Hancock U.S. High Dividend ETF 0.5 34 -17 5.9 -7.0
FDLS Inspire Fidelis Multi Factor ETF 0.5 76 -59 3.3 -9.6
FDD First Trust Stoxx European Select Dividend Index Fund 0.5 58 -41 9.8 -3.1
SPEU SPDR Portfolio Europe ETF 0.5 7 10 6.5 -6.4
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.5 70 -53 3.8 -9.1
FLEE Franklin FTSE Europe ETF 0.5 9 8 6.3 -6.6
BBEU JPMorgan BetaBuilders Europe ETF 0.5 9 8 6.2 -6.6
BKIE BNY Mellon International Equity ETF 0.5 4 13 6.0 -6.8
BINV Brandes International ETF 0.5 70 -53 8.6 -4.2
SHPP Pacer Industrials and Logistics ETF 0.5 60 -43 6.6 -6.3
GPT Intelligent Alpha Atlas ETF 0.5 69 -52 6.1 -6.7
QAT iShares MSCI Qatar ETF 0.5 59 -42 44.8 +31.9
SILJ ETFMG Prime Junior Silver Miners ETF 0.5 69 -52 0.5 -12.3
SETM Sprott Energy Transition Materials ETF 0.5 65 -48 1.7 -11.1
MXI iShares Global Materials ETF 0.5 41 -24 6.0 -6.9
IDHQ Invesco S&P International Developed High Quality ETF 0.5 29 -12 5.4 -7.4
TUR iShares MSCI Turkey ETF 0.4 58 -41 13.3 +0.5
COLO Global X MSCI Colombia ETF 0.4 62 -45 16.2 +3.4
PGJ Invesco Golden Dragon China ETF 0.4 70 -53 15.2 +2.4
CGW Invesco S&P Global Water Index ETF 0.4 57 -40 4.6 -8.2
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.4 42 -25 7.6 -5.3
ABLG Abacus FCF International Leaders ETF 0.4 59 -42 6.4 -6.4
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 0.4 55 -38 6.3 -6.6
DRGN Themes China Generative Artificial Intelligence ETF 0.4 39 -22 9.4 -3.5
SUPL ProShares Supply Chain Logistics ETF 0.4 58 -41 7.4 -5.5
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.4 46 -29 5.0 -7.8
JXI iShares Global Utilities ETF 0.4 43 -26 5.2 -7.7
EMIF iShares Emerging Markets Infrastructure ETF 0.4 60 -43 2.9 -10.0
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.4 58 -41 8.4 -4.4
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.4 25 -8 5.5 -7.4
ICOP iShares Copper and Metals Mining ETF 0.4 47 -30 5.6 -7.3
PIO Invesco Global Water ETF 0.4 75 -58 4.5 -8.4
APIE ActivePassive International Equity ETF 0.4 45 -28 6.4 -6.4
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.3 19 -2 5.5 -7.3
BMED Future Health ETF 0.3 85 -68 1.3 -11.6
EBIZ Global X E-Commerce ETF 0.3 50 -33 4.9 -8.0
JETS U.S. Global Jets ETF 0.3 60 -43 2.5 -10.3
COPX Global X Copper Miners ETF 0.3 65 -48 4.3 -8.6
AGMI Themes Silver Miners ETF 0.3 35 -18 4.3 -8.6
EFRA iShares Environmental Infrastructure and Industrials ETF 0.3 47 -30 5.1 -7.8
SDIV Global X Superdividend ETF 0.3 58 -41 13.8 +0.9
IQRA IQ CBRE Real Assets ETF 0.3 65 -48 5.9 -7.0
FTRI First Trust Indxx Global Natural Resources Income ETF 0.3 70 -53 6.7 -6.2
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.3 79 -62 3.6 -9.2
TINT ProShares Smart Materials ETF 0.3 58 -41 5.4 -7.4
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.3 80 -63 12.2 -0.7
AVRE Avantis Real Estate ETF 0.2 17 0 6.8 -6.1
REET iShares Global REIT ETF 0.2 14 3 7.0 -5.9
RWO SPDR Dow Jones Global Real Estate ETF 0.2 50 -33 6.3 -6.5
RWX SPDR Dow Jones International Real Estate ETF 0.2 59 -42 7.4 -5.5
DFGR Dimensional Global Real Estate ETF 0.2 22 -5 7.0 -5.9
BOTT Themes Robotics & Automation ETF 0.2 35 -18 -4.1 -16.9
MOO VanEck Agribusiness ETF 0.2 53 -36 9.2 -3.7
GNR SPDR S&P Global Natural Resources ETF 0.2 40 -23 8.6 -4.3
ARKF ARK Fintech Innovation ETF 0.2 75 -58 0.3 -12.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.2 39 -22 7.0 -5.9
GII SPDR S&P Global Infrastructure ETF 0.2 40 -23 4.3 -8.6
IGF iShares Global Infrastructure ETF 0.2 41 -24 4.2 -8.6
HERO Global X Video Games & Esports ETF 0.2 50 -33 6.0 -6.8
INTF iShares International Equity Factor ETF 0.2 15 2 6.5 -6.3
BEDZ AdvisorShares Hotel ETF 0.2 100 -83 5.0 -7.8
GDX VanEck Gold Miners ETF 0.2 51 -34 3.2 -9.7
FDHT Fidelity Digital Health ETF 0.2 39 -22 1.7 -11.1
HTEC ROBO Global Healthcare Technology and Innovation ETF 0.2 68 -51 2.5 -10.4
VRAI Virtus Real Asset Income ETF 0.2 55 -38 8.3 -4.6
NERD Roundhill Video Games ETF 0.2 50 -33 8.1 -4.7
SLX VanEck Steel ETF 0.2 56 -39 10.1 -2.8
DGIN VanEck Digital India ETF 0.1 71 -54 1.5 -11.3
INQQ India Internet & Ecommerce ETF 0.1 86 -69 0.7 -12.2
MDEV First Trust Indxx Medical Devices ETF 0.1 70 -53 5.1 -7.8
EPHE iShares MSCI Philippines ETF 0.1 59 -42 0.0 -12.9
AGNG Global X Aging Population ETF 0.1 50 -33 4.4 -8.5
AADR AdvisorShares Dorsey Wright ADR ETF 0.1 110 -93 3.1 -9.8
GDXJ VanEck Junior Gold Miners ETF 0.1 52 -35 3.2 -9.6
SIL Global X Silver Miners ETF 0.1 65 -48 1.9 -10.9
COPA Themes Copper Miners ETF 0.1 35 -18 3.1 -9.7
AUAU Global X Gold Miners ETF 0.1 35 -18 2.8 -10.1
HUMN Roundhill Humanoid Robotics ETF 0.1 75 -58 1.1 -11.8
VCLN Virtus Duff & Phelps Clean Energy ETF 0.1 59 -42 2.2 -10.7
RFDI First Trust Riverfront Dynamic Developed International ETF 0.1 83 -66 7.8 -5.1
SCHC Schwab International Small-Cap Equity ETF 0.1 11 6 6.7 -6.2
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 8 9 6.3 -6.5
BOAT SonicShares Global Shipping ETF 0.1 69 -52 21.3 +8.5
VGSR Vert Global Sustainable Real Estate ETF 0.1 47 -30 7.0 -5.9
SHLD Global X Defense Tech ETF 0.1 50 -33 3.1 -9.8
EIDO iShares MSCI Indonesia ETF 0.1 59 -42 12.0 -0.9
IDX VanEck Indonesia Index ETF 0.1 57 -40 11.0 -1.8
PNQI Invesco NASDAQ Internet ETF 0.1 60 -43 3.8 -9.0
TIIV AAM Todd International Intrinsic Value ETF 0.1 54 -37 9.7 -3.1
VYM Vanguard High Dividend Yield Index ETF 0.1 6 11 6.0 -6.8
CUT Invesco MSCI Global Timber ETF 0.1 61 -44 8.6 -4.2
WOOD iShares Global Timber & Forestry ETF 0.1 42 -25 11.7 -1.2
IXJ iShares Global Healthcare ETF 0.1 42 -25 6.3 -6.6
FEP First Trust Europe AlphaDEX Fund 0.1 80 -63 6.8 -6.1
FEUZ First Trust Eurozone AlphaDEX ETF 0.1 80 -63 6.4 -6.4
ARKX ARK Space Exploration & Innovation ETF 0.1 75 -58 -0.0 -12.9
INEQ Columbia International Equity Income ETF 0.1 45 -28 7.9 -4.9
FDEV Fidelity International Multifactor ETF 0.1 18 -1 7.3 -5.5
FCLD Fidelity Cloud Computing ETF 0.1 39 -22 3.0 -9.9
HEAL Global X HealthTech ETF 0.1 50 -33 -1.5 -14.4
IDMO Invesco S&P International Developed Momentum ETF 0.1 25 -8 5.3 -7.6
AWAY ETFMG Travel Tech ETF 0.1 76 -59 1.1 -11.8
GNOM Global X Genomics & Biotechnology ETF 0.1 50 -33 -2.6 -15.5
FYLD Cambria Foreign Shareholder Yield ETF 0.1 59 -42 10.2 -2.7
IPOS Renaissance International IPO ETF 0.1 80 -63 0.0 -12.9
DIM WisdomTree International MidCap Dividend Fund 0.0 58 -41 6.4 -6.5
DTH WisdomTree International High Dividend Fund 0.0 58 -41 7.4 -5.5
DVYA iShares Asia/Pacific Dividend ETF 0.0 49 -32 7.1 -5.7
QINT American Century Quality Diversified International ETF 0.0 39 -22 6.6 -6.3
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.0 80 -63 9.3 -3.5
RNRG Global X Renewable Energy Producers ETF 0.0 66 -49 4.3 -8.6
IBRN iShares Neuroscience and Healthcare ETF 0.0 47 -30 0.0 -12.9
XMAG Defiance Large Cap ex-Mag 7 ETF 0.0 35 -18 4.3 -8.6
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.0 40 -23 5.7 -7.1
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 8 4.1 -8.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 -22 6.2 -6.6
DWM WisdomTree International Equity Fund 0.0 48 -31 5.7 -7.2
AVSD Avantis Responsible International Equity ETF 0.0 23 -6 6.0 -6.9
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 -4 2.9 -10.0
AVDE Avantis International Equity ETF 0.0 23 -6 6.2 -6.6
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.0 35 -18 5.7 -7.1
DFIV Dimensional International Value ETF 0.0 27 -10 7.8 -5.0
PRF Invesco FTSE RAFI US 1000 ETF 0.0 34 -17 5.6 -7.3
DFAI Dimensional International Core Equity Market ETF 0.0 18 -1 6.1 -6.8
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 -25 4.0 -8.8
DFIC Dimensional International Core Equity 2 ETF 0.0 23 -6 6.3 -6.6
CNXT VanEck ChiNext ETF 0.0 65 -48 2.5 -10.3
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 0.0 65 -48 4.4 -8.4
DIHP Dimensional International High Profitability ETF 0.0 29 -12 5.8 -7.1
EWX SPDR S&P Emerging Markets Small Cap ETF 0.0 65 -48 6.5 -6.4

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%.

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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:		 iShares ESG MSCI EM Leaders 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 16.0 %
Divided by: Fwd. P/BV 1.2 x
Less: Expense ratio 17 bp
Equals: ALTAR Score 12.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.52 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.