iShares ESG MSCI EM Leaders ETF
ALTAR
Score™		 12.8% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 10.6x P/Sales
ratio		 1.3x
P/BV
ratio		 1.3x Div.
yield		 2.1%


  • 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) $33
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 429
Wgt avg mkt cap (mns) $157,646
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
ALIBABA GROUP HOLDING LTD. 5.0 %
TAIWAN SEMICONDUCTOR MANUFAC 5.0 %
TENCENT HOLDINGS LTD 4.7 %
HDFC BANK LIMITED 3.0 %
RELIANCE INDUSTRIES LTD 2.5 %
CHINA CONSTRUCTION BANK-H 2.4 %
DELTA ELECTRONICS INC 1.4 %
INFOSYS TECHNOLOGIES LTD 1.4 %
IND & COMM BK OF CHINA - H 1.3 %
NASPERS LIMITED LTD CLASS N 1.2 %
Total 27.8 %

TOP COUNTRY EXPOSURE
CHINA 27.6 %
INDIA 16.1 %
TAIWAN 13.0 %
SOUTH KOREA 7.5 %
SOUTH AFRICA 5.4 %
BRAZIL 3.3 %
HONG KONG 2.6 %
MEXICO 2.5 %
SAUDI ARABIA 2.3 %
MALAYSIA 2.2 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru November 30)
Year-to-date 1 year 5 years 10 years Since Incep.
29.5% 24.9% 2.9% -- 4.1%

Market Correlations
versus... Beta R-squared
S&P500 0.61 44%
MSCI EAFE 0.78 52%
MSCI Emg. Mkts. 0.94 85%

Technical Indicators
Recent close $59.20
30d moving avg. $59.25
Annualized volatility 17.6%
Short interest (ETF) 0.5%
Relative strength (RSI) 53

Liquidity measures
Avg. volume (thou.) 3
Turnover 0.6%
Bid/Ask (% of price) 0.42%
ADV underlying (mns) $18,285

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 435 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™: 12.8%


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
(%)
EMXF iShares ESG Advanced MSCI EM ETF 55.7 16 1 7.9 -4.9
ESGE iShares ESG Aware MSCI EM ETF 49.5 25 -8 9.7 -3.1
JHEM John Hancock Multifactor Emerging Markets ETF 47.8 49 -32 9.4 -3.4
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 45.9 66 -49 9.0 -3.9
ECON Columbia Emerging Markets Consumer ETF 45.8 49 -32 11.5 -1.3
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 45.5 15 2 9.5 -3.3
EEM iShares MSCI Emerging Markets ETF 45.0 69 -52 9.5 -3.4
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 44.6 30 -13 9.6 -3.3
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 44.3 15 2 7.4 -5.4
BKEM BNY Mellon Emerging Markets Equity ETF 44.2 11 6 9.2 -3.6
BKF iShares MSCI BIC ETF 43.5 69 -52 13.1 +0.3
EEMA iShares MSCI Emerging Markets Asia ETF 43.2 49 -32 9.2 -3.7
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 42.9 36 -19 9.1 -3.7
PXH Invesco FTSE RAFI Emerging Markets ETF 42.5 49 -32 14.9 +2.0
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 41.2 45 -28 9.6 -3.2
AAXJ iShares MSCI All Country Asia ex Japan ETF 40.0 70 -53 8.4 -4.4
SCHE Schwab Emerging Markets Equity ETF 39.8 11 6 10.6 -2.2
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 39.8 32 -15 8.5 -4.3
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 39.5 39 -22 15.5 +2.7
VWO Vanguard FTSE Emerging Markets ETF 39.5 7 10 10.2 -2.6
FLAX Franklin FTSE Asia Ex Japan ETF 39.4 19 -2 8.4 -4.4
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 39.3 30 -13 8.4 -4.4
IEMG iShares Core MSCI Emerging Markets ETF 39.2 9 8 9.8 -3.0
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 38.4 33 -16 9.4 -3.5
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 38.2 24 -7 7.3 -5.5
EMXC iShares MSCI Emerging Markets ex China ETF 38.1 25 -8 6.9 -5.9
STXE Strive Emerging Markets Ex-China ETF 37.7 32 -15 7.4 -5.4
NUEM Nuveen ESG Emerging Markets Equity ETF 37.5 36 -19 7.2 -5.6
SPEM SPDR Portfolio Emerging Markets ETF 37.5 7 10 10.4 -2.4
EMGF iShares Emerging Markets Equity Factor ETF 35.8 25 -8 10.8 -2.0
DFAE Dimensional Emerging Core Equity Market ETF 35.5 35 -18 8.6 -4.2
XC WisdomTree Emerging Markets Ex-China Fund 33.5 32 -15 5.7 -7.1
XCNY SPDR S&P Emerging Markets ex-China ETF 33.3 15 2 7.2 -5.7
GMF SPDR S&P Emerging Asia Pacific ETF 33.0 49 -32 9.4 -3.4
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 32.9 20 -3 27,699.8 +27,687.0
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 32.4 41 -24 8.1 -4.7
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 31.8 59 -42 8.4 -4.4
AIA iShares Asia 50 ETF 31.1 50 -33 12.6 -0.2
XCEM Columbia EM Core ex-China ETF 30.8 16 1 7.6 -5.2
DFEM Dimensional Emerging Markets Core Equity 2 ETF 30.3 38 -21 8.6 -4.2
MCHI iShares MSCI China ETF 30.2 59 -42 16.9 +4.1
GXC SPDR S & P China ETF 29.0 59 -42 15.9 +3.1
DFEV Dimensional Emerging Markets Value ETF 28.7 43 -26 11.7 -1.1
FLCH Franklin FTSE China ETF 28.5 19 -2 15.4 +2.6
AVEM Avantis Emerging Markets Equity ETF 27.5 33 -16 8.1 -4.7
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 27.4 50 -33 10.2 -2.6
DEHP Dimensional Emerging Markets High Profitability ETF 27.3 41 -24 6.4 -6.4
EEMO Invesco S&P Emerging Markets Momentum ETF 27.3 29 -12 7.5 -5.3
FDEM Fidelity Emerging Markets Multifactor ETF 27.0 25 -8 12.2 -0.6
KALL KraneShares MSCI All China Index ETF 26.3 49 -32 13.4 +0.6
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 25.1 25 -8 6.3 -6.6
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 24.2 44 -27 10.3 -2.5
RNEM First Trust Emerging Markets Equity Select ETF 24.1 75 -58 8.4 -4.4
EMDM First Trust Bloomberg Emerging Market Democracies ETF 23.8 75 -58 10.0 -2.8
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 23.5 32 -15 6.3 -6.5
AVSE Avantis Responsible Emerging Markets Equity ETF 23.3 33 -16 7.8 -5.0
FTHF First Trust Emerging Markets Human Flourishing ETF 22.9 75 -58 9.1 -3.7
MEM Matthews Emerging Markets Equity Active ETF 22.9 79 -62 7.3 -5.5
JADE JPMorgan Active Developing Markets Equity ETF 22.9 65 -48 7.7 -5.1
FXI iShares China Large-Cap ETF 22.7 74 -57 16.9 +4.1
DEXC Dimensional Emerging Markets ex China Core EquityETF 22.4 53 -36 7.2 -5.6
EVLU iShares MSCI Emerging Markets Value Factor ETF 22.0 35 -18 12.5 -0.3
ROAM Hartford Multifactor Emerging Markets ETF 21.7 44 -27 11.2 -1.6
EMC Global X Emerging Markets Great Consumer ETF 21.6 75 -58 8.6 -4.2
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 21.3 40 -23 6.7 -6.2
CXSE WisdomTree China ex-State-Owned Enterprises Fund 20.5 32 -15 13.3 +0.5
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 20.0 60 -43 10.7 -2.1
MINV Matthews Asia Innovators Active ETF 20.0 79 -62 7.0 -5.8
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 18.1 95 -78 11.7 -1.1
MCH Matthews China Active ETF 17.4 79 -62 14.0 +1.2
EMMF WisdomTree Emerging Markets Multifactor Fund 17.2 48 -31 6.9 -5.9
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 17.0 86 -69 14.3 +1.5
EELV Invesco S&P Emerging Markets Low Volatility ETF 16.9 29 -12 8.8 -4.0
AVXC Avantis Emerging Markets Ex-China Equity ETF 16.5 33 -16 7.9 -4.9
AVES Avantis Emerging Markets Value ETF 16.4 36 -19 10.5 -2.3
INDA iShares MSCI India ETF 16.1 65 -48 4.5 -8.4
KTEC KraneShares Hang Seng TECH Index ETF 16.1 69 -52 20.1 +7.3
ACWX iShares MSCI ACWI ex U.S. ETF 16.0 34 -17 7.3 -5.6
JCHI JPMorgan Active China ETF 15.8 65 -48 14.4 +1.6
PIN Invesco India ETF 15.7 78 -61 4.6 -8.2
KWEB KraneShares CSI China Internet ETF 15.2 69 -52 26.0 +13.2
GXUS Goldman Sachs MarketBeta Total International Equity ETF 15.2 18 -1 7.3 -5.5
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 15.1 41 -24 7.1 -5.7
DEM WisdomTree Emerging Markets High Dividend Fund 15.0 63 -46 12.7 -0.2
VSGX Vanguard ESG International Stock ETF 14.7 10 7 7.5 -5.3
FDNI First Trust Dow Jones International Internet ETF 14.6 65 -48 23.0 +10.2
VEU Vanguard FTSE All-World ex-US Index Fund 14.5 4 13 7.6 -5.2
IXUS iShares Core MSCI Total International Stock ETF 13.9 7 10 7.5 -5.3
UEVM VictoryShares Emerging Markets Value Momentum ETF 13.9 45 -28 10.0 -2.8
TCHI iShares MSCI China Multisector Tech ETF 13.7 59 -42 18.1 +5.3
VXUS Vanguard Total International Stock ETF 13.6 5 12 7.6 -5.2
FLIN Franklin FTSE India ETF 13.6 19 -2 3.9 -8.9
INDY iShares India 50 ETF 13.2 89 -72 5.0 -7.9
EWT iShares MSCI Taiwan ETF 13.0 58 -41 5.5 -7.3
FLTW Franklin FTSE Taiwan ETF 13.0 19 -2 5.8 -7.0
EPI WisdomTree India Earnings Fund 12.6 85 -68 4.8 -8.0
NFTY First Trust India NIFTY 50 Equal Weight ETF 11.9 80 -63 4.8 -8.0
PATN Pacer Nasdaq International Patent Leaders ETF 11.8 65 -48 5.3 -7.5
CWI SPDR MSCI ACWI ex-US ETF 10.7 30 -13 7.3 -5.5
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 10.5 90 -73 5.1 -7.7
CHIQ Global X MSCI China Consumer Discretionary ETF 10.4 65 -48 12.6 -0.2
JIG JPMorgan International Growth ETF 10.3 55 -38 4.7 -8.1
FRDM Freedom 100 Emerging Markets ETF 10.1 49 -32 7.3 -5.5
ACWV iShares MSCI Global Min Vol Factor ETF 10.0 20 -3 5.7 -7.1
VYMI Vanguard International High Dividend Yield ETF 9.8 17 0 9.0 -3.8
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 9.8 88 -71 8.8 -4.1
DFAX Dimensional World ex U.S. Core Equity 2 ETF 9.1 30 -13 7.4 -5.4
FEM First Trust Emerging Markets AlphaDEX Fund 9.0 80 -63 11.4 -1.4
IQDF FlexShares International Quality Dividend Index Fund 8.8 47 -30 8.4 -4.4
MOTI VanEck Morningstar International Moat ETF 8.7 58 -41 10.5 -2.3
CHAT Roundhill Generative AI & Technology ETF 8.5 75 -58 7.7 -5.1
IQDY FlexShares International Quality Dividend Dynamic Index Fund 8.1 47 -30 7.7 -5.1
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 7.9 42 -25 6.5 -6.3
CLNR IQ Cleaner Transport ETF 7.8 45 -28 5.2 -7.6
MOTG VanEck Morningstar Global Wide Moat ETF 7.5 52 -35 8.8 -4.0
EWY iShares MSCI South Korea ETF 7.5 58 -41 6.4 -6.4
WRND IQ Global Equity R&D Leaders ETF 7.5 18 -1 7.5 -5.3
CGRO CoreValues Alpha Greater China Growth ETF 7.4 75 -58 3.3 -9.5
JIVE JPMorgan International Value ETF 7.3 55 -38 10.7 -2.1
IXP iShares Global Comm Services ETF 7.2 42 -25 5.6 -7.2
FLKR Franklin FTSE South Korea ETF 7.1 9 8 7.0 -5.8
IVES Wedbush ETFMG Global Cloud Technology ETF 6.8 68 -51 5.9 -6.9
DVYE iShares Emerging Markets Dividend ETF 6.7 49 -32 18.1 +5.3
CGXU Capital Group International Focus Equity ETF 6.7 54 -37 5.3 -7.5
CQQQ Invesco China Technology ETF 6.6 70 -53 15.6 +2.8
RXI iShares Global Consumer Discretionary ETF 6.5 41 -24 8.3 -4.5
FMET Fidelity Metaverse ETF 6.4 39 -22 4.7 -8.1
RODE Hartford Multifactor Diversified International ETF 6.3 29 -12 10.3 -2.5
BNGE First Trust S-Network Streaming and Gaming ETF 6.3 70 -53 2.6 -10.2
SOCL Global X Social Media ETF 6.1 65 -48 10.8 -2.0
FLLA Franklin FTSE Latin America ETF 5.9 19 -2 12.8 +0.0
METV Roundhill Ball Metaverse ETF 5.8 59 -42 9.0 -3.8
CRBN iShares MSCI ACWI Low Carbon Target ETF 5.7 20 -3 5.3 -7.5
FBOT Fidelity Disruptive Automation ETF 5.7 50 -33 3.3 -9.5
EYLD Cambria Emerging Shareholder Yield ETF 5.7 66 -49 11.6 -1.2
ACWI iShares MSCI ACWI ETF 5.7 32 -15 5.3 -7.5
KNCT Invesco Next Gen Connectivity ETF 5.5 40 -23 4.6 -8.2
KLMT Invesco MSCI Global Climate 500 ETF 5.5 10 7 5.6 -7.3
IVRS iShares Future Metaverse Tech and Communications ETF 5.5 47 -30 3.1 -9.7
SDEM Global X MSCI SuperDividend Emerging Markets ETF 5.5 67 -50 14.6 +1.8
EZA iShares MSCI South Africa ETF 5.4 58 -41 9.6 -3.2
DEW WisdomTree Global High Dividend Fund 5.2 58 -41 8.2 -4.6
IXN iShares Global Tech ETF 5.2 41 -24 3.5 -9.3
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 5.1 12 5 4.9 -7.9
ADIV SmartETFs Asia Pacific Dividend Builder ETF 5.1 78 -61 9.0 -3.8
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 5.0 60 -43 7.9 -5.0
LEGR First Trust Indxx Innovative Transaction & Process ETF 5.0 65 -48 7.9 -4.9
ANEW ProShares MSCI Transformational Changes ETF 5.0 45 -28 5.3 -7.6
ESPO VanEck Video Gaming and eSports ETF 5.0 56 -39 5.3 -7.5
ODDS Pacer BlueStar Digital Entertainment ETF 5.0 60 -43 3.0 -9.8
VT Vanguard Total World Stock ETF 5.0 6 11 5.7 -7.1
FLN First Trust Latin America AlphaDEX Fund 5.0 80 -63 11.8 -1.0
EDIV SPDR S&P Emerging Markets Dividend ETF 4.9 49 -32 9.4 -3.5
NDIA Global X India Active ETF 4.9 75 -58 5.3 -7.5
WWJD Inspire International ETF 4.9 80 -63 7.1 -5.7
XT iShares Exponential Technologies ETF 4.7 46 -29 4.5 -8.3
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 4.7 75 -58 3.5 -9.4
JSTC Adasina Social Justice All Cap Global ETF 4.7 89 -72 4.8 -8.0
AGQI First Trust Active Global Quality Income ETF 4.6 85 -68 5.2 -7.7
DSTX Distillate International Fundamental Stability & Value ETF 4.6 55 -38 7.6 -5.3
GLOF iShares Global Equity Factor ETF 4.6 20 -3 6.6 -6.2
INDF Nifty India Financials ETF 4.5 75 -58 6.6 -6.2
GTEK Goldman Sachs Future Tech Leaders Equity ETF 4.5 75 -58 2.9 -9.9
OAIM OneAscent International Equity ETF 4.4 95 -78 5.4 -7.5
NXTG First Trust Indxx NextG ETF 4.4 70 -53 4.8 -8.0
AFK VanEck Africa Index ETF 4.3 98 -81 14.0 +1.2
VIDI Vident International Equity Strategy ETF 4.3 61 -44 10.3 -2.5
BLES Inspire Global Hope ETF 4.2 61 -44 6.8 -6.0
EMM Global X Emerging Markets ex-China ETF 4.2 75 -58 6.8 -6.0
VIGI Vanguard International Dividend Appreciation ETF 4.2 10 7 6.3 -6.5
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 4.0 80 -63 9.3 -3.5
IGRO iShares International Dividend Growth ETF 3.9 15 2 6.9 -5.9
AIVC Amplify Bloomberg AI Value Chain ETF 3.9 59 -42 5.7 -7.2
ARVR First Trust Indxx Metaverse ETF 3.8 70 -53 3.9 -8.9
ECOW Pacer Emerging Markets Cash Cows 100 ETF 3.7 70 -53 12.3 -0.5
FCA First Trust China AlphaDEX Fund 3.6 80 -63 9.4 -3.4
ILF iShares Latin America 40 ETF 3.6 48 -31 11.9 -0.9
SCHY Schwab International Dividend Equity ETF 3.5 14 3 9.6 -3.2
IBLC iShares Blockchain and Tech ETF 3.5 47 -30 -1.5 -14.3
VPL Vanguard FTSE Pacific ETF 3.3 7 10 6.3 -6.6
EWZ iShares MSCI Brazil ETF 3.3 58 -41 13.1 +0.3
GVAL Cambria Global Value ETF 3.3 68 -51 10.5 -2.3
INCO Columbia India Consumer ETF 3.3 75 -58 1.8 -11.0
SDG iShares MSCI Global Sustainable Development Goals ETF 3.1 49 -32 5.1 -7.7
FLBR Franklin FTSE Brazil ETF 3.1 19 -2 14.6 +1.8
AIQ Global X Artificial Intelligence & Technology ETF 2.9 68 -51 3.5 -9.3
GSIB Themes Global Systemically Important Banks ETF 2.8 35 -18 8.9 -3.9
FEOE First Eagle Overseas Equity ETF 2.8 79 -62 6.8 -6.0
IXG iShares Global Financials ETF 2.8 42 -25 6.5 -6.3
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 2.8 46 -29 9.5 -3.3
UIVM VictoryShares International Value Momentum ETF 2.8 35 -18 8.4 -4.4
DGT State Street SPDR Global Dow ETF 2.8 50 -33 6.6 -6.2
FDT First Trust Developed Markets ex-US AlphaDEX Fund 2.8 80 -63 8.4 -4.4
PBD Invesco Global Clean Energy ETF 2.7 75 -58 0.8 -12.0
PICK iShares MSCI Global Metals & Mining Producers ETF 2.7 39 -22 10.6 -2.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 2.7 9 8 5.5 -7.3
OBOR KraneShares MSCI One Belt One Road Index ETF 2.7 79 -62 7.7 -5.1
IBUY Amplify Online Retail ETF 2.6 65 -48 1.7 -11.1
FDCF Fidelity Disruptive Communications ETF 2.6 50 -33 3.9 -9.0
JPIN J.P. Morgan Diversified Return International Equity ETF 2.6 37 -20 7.8 -5.1
IDRV iShares Self-driving EV & Tech ETF 2.5 47 -30 3.2 -9.6
EWW iShares MSCI Mexico ETF 2.4 50 -33 9.3 -3.6
OGIG ALPS O'Shares Global Internet Giants ETF 2.4 48 -31 2.2 -10.6
DWX SPDR S&P International Dividend ETF 2.4 45 -28 7.2 -5.6
FDRV Fidelity Electric Vehicles and Future Transportation ETF 2.4 39 -22 -1.3 -14.1
GINN Goldman Sachs Innovate Equity ETF 2.4 52 -35 3.6 -9.2
FPXI First Trust International Equity Opportunities ETF 2.3 70 -53 4.4 -8.5
FLSA Franklin FTSE Saudi Arabia ETF 2.3 39 -22 0.0 -12.8
KSA iShares MSCI Saudi Arabia ETF 2.3 74 -57 0.0 -12.8
EWM iShares MSCI Malaysia ETF 2.2 50 -33 6.4 -6.4
ASEA Global X FTSE Southeast Asia ETF 2.2 65 -48 6.1 -6.7
FLMX Franklin FTSE Mexico ETF 2.1 19 -2 10.0 -2.9
IBAT iShares Energy Storage & Materials ETF 2.1 47 -30 2.6 -10.3
ERTH Invesco MSCI Sustainable Future ETF 2.1 62 -45 3.4 -9.5
ICPY Tweedy, Browne International Insider Value ETF 2.1 80 -63 11.4 -1.4
KGRN KraneShares MSCI China Clean Technology Index ETF 2.0 79 -62 0.4 -12.5
UAE iShares MSCI UAE ETF 2.0 59 -42 0.0 -12.8
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 2.0 65 -48 1.9 -11.0
CARZ First Trust NASDAQ Global Auto Index Fund 2.0 70 -53 4.0 -8.8
GEW Cambria Global EW ETF 2.0 29 -12 5.9 -6.9
DRIV Global X Autonomous & Electric Vehicles ETF 1.9 68 -51 4.7 -8.1
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.9 24 -7 7.1 -5.7
COPY Tweedy, Browne Insider + Value ETF 1.9 80 -63 11.6 -1.2
HFXI IQ FTSE International Equity Currency Neutral ETF 1.9 20 -3 6.6 -6.3
OCEN IQ Clean Oceans ETF 1.9 45 -28 5.3 -7.5
FNDF Schwab Fundamental International Large Co. Index ETF 1.9 25 -8 8.9 -3.9
KURE KraneShares MSCI All China Health Care Index ETF 1.8 65 -48 2.9 -9.9
FEGE First Eagle Global Equity ETF 1.8 79 -62 6.5 -6.4
IPKW Invesco International BuyBack Achievers ETF 1.8 55 -38 8.8 -4.0
BATT Amplify Lithium & Battery Technology ETF 1.8 59 -42 1.9 -10.9
MOTO SmartETFs Smart Transportation & Technology ETF 1.8 68 -51 6.4 -6.5
JGLO JPMorgan Global Select Equity ETF 1.7 33 -16 5.0 -7.8
GGME Invesco Next Gen Media and Gaming ETF 1.7 60 -43 4.9 -7.9
FID First Trust S&P International Dividend Aristocrats ETF 1.7 60 -43 7.7 -5.1
WDIV SPDR S&P Global Dividend ETF 1.7 40 -23 8.9 -3.9
TTAI FCF International Quality ETF 1.7 59 -42 7.4 -5.4
ARTY iShares Future AI & Tech ETF 1.7 47 -30 3.5 -9.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 1.6 45 -28 8.3 -4.5
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.6 72 -55 -1.3 -14.1
ISHP First Trust Nasdaq Retail ETF 1.6 60 -43 5.6 -7.2
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.5 49 -32 6.8 -6.1
RING iShares MSCI Global Gold Miners ETF 1.5 39 -22 4.0 -8.8
ROBO ROBO Global Robotics & Automation Index ETF 1.5 95 -78 3.0 -9.8
SMOG VanEck Low Carbon Energy ETF 1.5 61 -44 1.5 -11.3
OTGL OTG Latin America ETF 1.5 269 -252 8.5 -4.3
EPOL iShares MSCI Poland ETF 1.5 59 -42 11.3 -1.5
LIT Global X Lithium & Battery Tech ETF 1.4 75 -58 6.6 -6.2
OND ProShares On-Demand ETF 1.4 58 -41 -0.6 -13.4
GSFP Goldman Sachs Future Planet Equity ETF 1.4 75 -58 4.4 -8.4
BWEB Bitwise Web3 ETF 1.4 85 -68 -0.0 -12.8
VEA Vanguard FTSE Developed Markets ETF 1.4 3 14 6.8 -6.0
SCHF Schwab International Equity ETF 1.4 6 11 6.8 -6.0
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.4 12 5 8.2 -4.6
FNDC Schwab Fundamental International Small Co. Index ETF 1.4 39 -22 5.7 -7.2
RCGE RockCreek Global Equality ETF 1.4 95 -78 6.6 -6.2
WUGI AXS Esoterica NextG Economy ETF 1.3 75 -58 2.3 -10.6
EDOG ALPS Emerging Sector Dividend Dogs ETF 1.3 60 -43 10.8 -2.0
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 1.3 86 -69 0.5 -12.3
IOO iShares Global 100 ETF 1.3 41 -24 4.6 -8.3
BUYZ Franklin Disruptive Commerce ETF 1.3 50 -33 2.5 -10.3
IDV iShares International Select Dividend ETF 1.3 51 -34 10.3 -2.6
HAP VanEck Natural Resources ETF 1.3 50 -33 8.8 -4.0
KOCG FIS Knights of Columbus Global Belief ETF 1.2 75 -58 4.9 -7.9
FTAG First Trust Indxx Global Agriculture ETF 1.2 70 -53 8.4 -4.4
ION ProShares S&P Global Core Battery Metals ETF 1.2 58 -41 7.2 -5.6
CGIE Capital Group International Equity ETF 1.2 54 -37 4.9 -7.9
SPDW SPDR Portfolio Developed World ex-US ETF 1.2 3 14 6.6 -6.2
TPIF Timothy Plan International ETF 1.2 62 -45 6.0 -6.8
UMMA Wahed Dow Jones Islamic World ETF 1.1 65 -48 4.7 -8.1
THD iShares MSCI Thailand ETF 1.1 58 -41 0.0 -12.8
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 1.1 80 -63 4.2 -8.7
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.0 58 -41 4.4 -8.4
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 1.0 47 -30 5.8 -7.0
BRAZ Global X Brazil Active ETF 1.0 75 -58 11.9 -0.9
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.0 45 -28 1.7 -11.1
KPOP KPOP and Korean Entertainment ETF 1.0 75 -58 1.4 -11.4
GMET VanEck Green Metals ETF 1.0 63 -46 7.1 -5.7
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 1.0 85 -68 6.2 -6.6
CIL VictoryShares International Volatility Wtd ETF 1.0 45 -28 6.4 -6.4
IPAV Global X Infrastructure Development ex-U.S. ETF 1.0 55 -38 6.5 -6.3
KXI iShares Global Consumer Staples ETF 0.9 41 -24 5.7 -7.1
URA Global X Uranium ETF 0.9 69 -52 1.1 -11.7
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.9 56 -39 10.6 -2.2
IMFL Invesco International Developed Dynamic Multifactor ETF 0.9 34 -17 5.8 -7.0
IQSI IQ Candriam International Equity ETF 0.9 15 2 6.2 -6.6
GREK Global X MSCI Greece ETF 0.9 57 -40 10.8 -2.0
CNYA iShares MSCI China A ETF 0.9 60 -43 6.9 -5.9
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 0.9 65 -48 6.8 -6.0
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.9 58 -41 9.5 -3.4
ICLN iShares Global Clean Energy ETF 0.8 41 -24 3.1 -9.7
CRAK VanEck Oil Refiners ETF 0.8 61 -44 11.5 -1.3
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.8 10 7 6.7 -6.1
EV Mast Global Battery Recycling & Production ETF 0.8 65 -48 7.6 -5.2
DMAT Global X Disruptive Materials ETF 0.7 59 -42 6.6 -6.2
GCOW Pacer Global Cash Cows Dividend ETF 0.7 60 -43 10.4 -2.4
GLIN VanEck India Growth Leaders ETF 0.7 77 -60 5.5 -7.3
TINY ProShares Nanotechnology ETF 0.7 58 -41 3.5 -9.3
EPU iShares MSCI Peru and Global Exposure ETF 0.7 59 -42 6.0 -6.9
QAT iShares MSCI Qatar ETF 0.7 59 -42 51.4 +38.6
VEGI iShares MSCI Agriculture Producers ETF 0.7 39 -22 9.1 -3.8
ECH iShares MSCI Chile ETF 0.7 58 -41 7.2 -5.6
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.7 65 -48 10.6 -2.2
DRGN Themes China Generative Artificial Intelligence ETF 0.6 39 -22 10.8 -2.0
ETEC iShares Breakthrough Environmental Solutions ETF 0.6 47 -30 3.4 -9.4
SDIV Global X Superdividend ETF 0.6 58 -41 16.7 +3.9
OZEM Roundhill GLP-1 & Weight Loss ETF 0.6 59 -42 5.4 -7.4
THNR Amplify Weight Loss Drug & Treatment ETF 0.6 59 -42 7.1 -5.8
IGPT Invesco AI and Next Gen Software ETF 0.6 60 -43 4.3 -8.5
FLHK Franklin FTSE Hong Kong ETF 0.6 9 8 4.3 -8.6
DGIN VanEck Digital India ETF 0.6 71 -54 1.3 -11.5
GSID Goldman Sachs MarketBeta International Equity ETF 0.6 20 -3 6.5 -6.4
PGJ Invesco Golden Dragon China ETF 0.6 70 -53 13.7 +0.9
FEUZ First Trust Eurozone AlphaDEX ETF 0.6 80 -63 7.5 -5.4
EMIF iShares Emerging Markets Infrastructure ETF 0.5 60 -43 3.3 -9.5
CCNR ALPS CoreCommodity Natural Resources ETF 0.5 39 -22 8.3 -4.6
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 0.5 55 -38 7.0 -5.8
BINV Brandes International ETF 0.5 70 -53 9.3 -3.6
TUR iShares MSCI Turkey ETF 0.5 58 -41 15.7 +2.9
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.5 46 -29 5.7 -7.2
FEP First Trust Europe AlphaDEX Fund 0.5 80 -63 7.9 -4.9
BKIE BNY Mellon International Equity ETF 0.5 4 13 6.6 -6.2
CGV Conductor Global Equity Value ETF 0.5 130 -113 7.7 -5.1
IDOG ALPS International Sector Dividend Dogs ETF 0.5 50 -33 11.4 -1.4
SHPP Pacer Industrials and Logistics ETF 0.5 60 -43 8.3 -4.5
FPAG FPA Global Equity ETF 0.5 49 -32 5.6 -7.2
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.5 70 -53 3.9 -8.9
IDHQ Invesco S&P International Developed High Quality ETF 0.5 29 -12 6.3 -6.5
RAYC Rayliant Quantamental China Equity ETF 0.5 80 -63 8.2 -4.6
IQRA IQ CBRE Real Assets ETF 0.4 65 -48 5.7 -7.1
CZA Invesco Zacks Mid-Cap ETF 0.4 72 -55 7.5 -5.4
JHDV John Hancock U.S. High Dividend ETF 0.4 34 -17 6.7 -6.1
MXI iShares Global Materials ETF 0.4 41 -24 7.2 -5.6
DIVI Franklin International Core Dividend Tilt Index ETF 0.4 9 8 7.5 -5.3
VGK Vanguard FTSE Europe ETF 0.4 6 11 7.2 -5.6
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.4 42 -25 9.3 -3.5
RFEU First Trust Riverfront Dynamic Europe ETF 0.4 83 -66 10.0 -2.8
SUPL ProShares Supply Chain Logistics ETF 0.4 58 -41 10.2 -2.6
SPEU SPDR Portfolio Europe ETF 0.4 7 10 7.1 -5.7
EBIZ Global X E-Commerce ETF 0.4 50 -33 4.1 -8.7
JETS U.S. Global Jets ETF 0.4 60 -43 2.7 -10.1
BBEU JPMorgan BetaBuilders Europe ETF 0.4 9 8 7.0 -5.9
FLEE Franklin FTSE Europe ETF 0.4 9 8 7.0 -5.8
FDD First Trust Stoxx European Select Dividend Index Fund 0.4 58 -41 11.0 -1.9
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.4 19 -2 5.5 -7.4
APIE ActivePassive International Equity ETF 0.3 45 -28 7.1 -5.7
NUKZ Range Nuclear Renaissance Index ETF 0.3 85 -68 1.2 -11.6
SILJ ETFMG Prime Junior Silver Miners ETF 0.3 69 -52 0.6 -12.2
SETM Sprott Energy Transition Materials ETF 0.3 65 -48 2.0 -10.9
FTRI First Trust Indxx Global Natural Resources Income ETF 0.3 70 -53 7.6 -5.2
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.3 79 -62 5.0 -7.8
TINT ProShares Smart Materials ETF 0.3 58 -41 5.8 -7.0
INTF iShares International Equity Factor ETF 0.3 15 2 7.3 -5.5
FDHT Fidelity Digital Health ETF 0.3 39 -22 1.5 -11.3
BOTT Themes Robotics & Automation ETF 0.3 35 -18 -1.6 -14.4
GNR SPDR S&P Global Natural Resources ETF 0.3 40 -23 10.3 -2.6
GII SPDR S&P Global Infrastructure ETF 0.3 40 -23 4.6 -8.2
IGF iShares Global Infrastructure ETF 0.3 41 -24 4.6 -8.2
TEMP JPMorgan Climate Change Solutions ETF 0.3 49 -32 5.8 -7.0
DTAN Sparkline International Intangible Value ETF 0.2 55 -38 8.1 -4.7
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.2 80 -63 14.2 +1.4
MOO VanEck Agribusiness ETF 0.2 53 -36 10.6 -2.2
ABLG Abacus FCF International Leaders ETF 0.2 59 -42 6.5 -6.3
COPX Global X Copper Miners ETF 0.2 65 -48 5.5 -7.3
ICOP iShares Copper and Metals Mining ETF 0.2 47 -30 7.4 -5.4
AGMI Themes Silver Miners ETF 0.2 35 -18 4.2 -8.7
RFDI First Trust Riverfront Dynamic Developed International ETF 0.2 83 -66 8.9 -3.9
EIDO iShares MSCI Indonesia ETF 0.2 59 -42 7.7 -5.1
IDX VanEck Indonesia Index ETF 0.2 57 -40 7.0 -5.8
HTEC ROBO Global Healthcare Technology and Innovation ETF 0.2 68 -51 1.9 -10.9
HERO Global X Video Games & Esports ETF 0.2 50 -33 4.5 -8.3
NERD Roundhill Video Games ETF 0.2 50 -33 6.6 -6.2
REET iShares Global REIT ETF 0.2 14 3 7.7 -5.2
RWO SPDR Dow Jones Global Real Estate ETF 0.2 50 -33 7.0 -5.8
RWX SPDR Dow Jones International Real Estate ETF 0.2 59 -42 6.9 -5.9
DFGR Dimensional Global Real Estate ETF 0.2 22 -5 7.8 -5.0
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.2 39 -22 7.5 -5.3
AGNG Global X Aging Population ETF 0.2 50 -33 4.5 -8.3
CGW Invesco S&P Global Water Index ETF 0.2 57 -40 4.7 -8.1
COLO Global X MSCI Colombia ETF 0.2 62 -45 19.5 +6.7
ARKF ARK Fintech Innovation ETF 0.2 75 -58 0.2 -12.6
INQQ India Internet & Ecommerce ETF 0.2 86 -69 1.3 -11.5
EPHE iShares MSCI Philippines ETF 0.2 59 -42 0.0 -12.8
SIL Global X Silver Miners ETF 0.2 65 -48 2.2 -10.7
VRAI Virtus Real Asset Income ETF 0.2 55 -38 10.1 -2.8
FFLC Fidelity Fundamental Large Cap Core ETF 0.2 38 -21 4.5 -8.3
PNQI Invesco NASDAQ Internet ETF 0.1 60 -43 3.6 -9.2
TIIV AAM Todd International Intrinsic Value ETF 0.1 54 -37 11.1 -1.7
FCLD Fidelity Cloud Computing ETF 0.1 39 -22 3.5 -9.3
BOAT SonicShares Global Shipping ETF 0.1 69 -52 26.2 +13.4
EXI iShares Global Industrials ETF 0.1 42 -25 4.4 -8.5
POW VistaShares Electrification Supercycle ETF 0.1 75 -58 3.4 -9.4
PIO Invesco Global Water ETF 0.1 75 -58 4.5 -8.4
MDEV First Trust Indxx Medical Devices ETF 0.1 70 -53 4.7 -8.2
JXI iShares Global Utilities ETF 0.1 43 -26 5.7 -7.1
SAGP Strategas Global Policy Opportunities ETF 0.1 65 -48 5.5 -7.3
CUT Invesco MSCI Global Timber ETF 0.1 61 -44 10.7 -2.1
WOOD iShares Global Timber & Forestry ETF 0.1 42 -25 13.0 +0.1
IXJ iShares Global Healthcare ETF 0.1 42 -25 6.7 -6.2
HART IQ Healthy Hearts ETF 0.1 45 -28 6.1 -6.8
VGSR Vert Global Sustainable Real Estate ETF 0.1 47 -30 7.7 -5.1
AVRE Avantis Real Estate ETF 0.1 17 0 7.4 -5.4
GDX VanEck Gold Miners ETF 0.1 51 -34 3.6 -9.2
GDXJ VanEck Junior Gold Miners ETF 0.1 52 -35 3.5 -9.3
COPA Themes Copper Miners ETF 0.1 35 -18 4.4 -8.5
HEAL Global X HealthTech ETF 0.1 50 -33 -1.6 -14.4
SCHC Schwab International Small-Cap Equity ETF 0.1 11 6 7.3 -5.5
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 8 9 7.1 -5.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.1 39 -22 6.4 -6.4
AWAY ETFMG Travel Tech ETF 0.1 76 -59 -0.1 -12.9
VYM Vanguard High Dividend Yield Index ETF 0.1 6 11 7.0 -5.8
VCLN Virtus Duff & Phelps Clean Energy ETF 0.1 59 -42 3.9 -8.9
AQWA Global X Clean Water ETF 0.1 50 -33 5.1 -7.7
ARKX ARK Space Exploration & Innovation ETF 0.1 75 -58 0.2 -12.6
IBRN iShares Neuroscience and Healthcare ETF 0.1 47 -30 0.0 -12.8
CGDG Capital Group Dividend Growers ETF 0.1 47 -30 6.0 -6.8
GNOM Global X Genomics & Biotechnology ETF 0.1 50 -33 -3.2 -16.0
IDMO Invesco S&P International Developed Momentum ETF 0.1 25 -8 5.8 -7.1
SHLD Global X Defense Tech ETF 0.1 50 -33 3.3 -9.5
FYLD Cambria Foreign Shareholder Yield ETF 0.1 59 -42 11.1 -1.7
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 -4 3.7 -9.1
DFIV Dimensional International Value ETF 0.0 27 -10 8.9 -3.9
DVYA iShares Asia/Pacific Dividend ETF 0.0 49 -32 7.3 -5.5
QINT American Century Quality Diversified International ETF 0.0 39 -22 6.8 -6.0
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 -25 5.2 -7.6
RNRG Global X Renewable Energy Producers ETF 0.0 66 -49 5.3 -7.5
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 8 4.7 -8.1
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.0 35 -18 6.2 -6.6
DXIV Dimensional International Vector Equity ETF 0.0 34 -17 7.4 -5.4
DFAI Dimensional International Core Equity Market ETF 0.0 18 -1 6.7 -6.1
DFIC Dimensional International Core Equity 2 ETF 0.0 23 -6 7.1 -5.7
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 -22 6.7 -6.1
AVSD Avantis Responsible International Equity ETF 0.0 23 -6 5.1 -7.7
CNXT VanEck ChiNext ETF 0.0 65 -48 3.8 -9.1
DIHP Dimensional International High Profitability ETF 0.0 29 -12 6.6 -6.3
EWX SPDR S&P Emerging Markets Small Cap ETF 0.0 65 -48 7.8 -5.0

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 15.1 %
Divided by: Fwd. P/BV 1.2 x
Less: Expense ratio 17 bp
Equals: ALTAR Score 12.8 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.52 CATEGORY
AVERAGE		 1.54
 
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.