Matthews China Active ETF
ALTAR
Score™		 14.6% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 8.7x P/Sales
ratio		 1.2x
P/BV
ratio		 0.8x Div.
yield		 1.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
MCH is actively managed to hold stocks of Chinese companies that are fundamentally screened for sustainable growth. The fund also considers ESG factors in the investment process.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Matthews International Capital Management
Website www.matthewsasia.com/funds/etfs/china-active-etf/
Inception date Jul 13, 2022
Assets (mns) $23
Currency USD
Expense ratio 79 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 61
Wgt avg mkt cap (mns) $142,019
Large cap (>$10bn) 83.7%
Mid cap ($2-10bn) 15.4%
Small cap (<$2bn) 0.9%
Developed mkts 18.0%
Emerging mkts 82.0%

TOP TEN HOLDINGS
TENCENT HOLDINGS LTD 11.6 %
ALIBABA GROUP HOLDING LTD. 6.0 %
PING AN INSURANCE GROUP CO-H 3.6 %
JIANGSU ZHONGTIAN TECHNOLO-A 3.3 %
CHINA INTERNATIONAL CAPITAL CORP. 3.2 %
ZIJIN MINING GROUP CO LTD-A 3.0 %
JD.COM, INC. CLASS A 2.6 %
CONTEMPORARY AMPEREX TECHNOLOGY CO 2.6 %
MEITUAN DIANPING 2.6 %
CHINA MERCHANTS BANK -A 2.5 %
Total 40.8 %

TOP COUNTRY EXPOSURE
CHINA 88.9 %
HONG KONG 5.8 %
SINGAPORE 1.3 %








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.
2.8% 28.2% -- -- 5.2%

Market Correlations
versus... Beta R-squared
S&P500 0.96 32%
MSCI EAFE 0.78 33%
MSCI Emg. Mkts. 0.77 56%

Technical Indicators
Recent close $28.28
30d moving avg. $28.87
Annualized volatility 33.4%
Short interest (ETF) 0.2%
Relative strength (RSI) 48

Liquidity measures
Avg. volume (thou.) 3
Turnover 0.4%
Bid/Ask (% of price) 0.36%
ADV underlying (mns) $13,809

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 294 potential alternatives to the Matthews China Active ETF ETF based on the alternatives' overlap in portfolio holdings with MCH. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: MCH Expense: 79 bp ALTAR Score™: 14.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH MCH
Ticker Fund
Name		 Overlap1
vs MCH
(%)		 Expense
ratio
(bp)		 Savings
vs MCH
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs MCH
(%)
JCHI JPMorgan Active China ETF 33.2 65 14 15.5 +0.9
CXSE WisdomTree China ex-State-Owned Enterprises Fund 33.1 32 47 13.7 -0.9
MCHI iShares MSCI China ETF 31.7 59 20 20.2 +5.7
FXI iShares China Large-Cap ETF 30.1 74 5 21.0 +6.5
GXC SPDR S & P China ETF 27.5 59 20 18.6 +4.1
KWEB KraneShares CSI China Internet ETF 24.9 69 10 25.0 +10.4
CGRO CoreValues Alpha Greater China Growth ETF 23.6 75 4 5.2 -9.4
BKF iShares MSCI BIC ETF 22.9 69 10 14.9 +0.3
FDNI First Trust Dow Jones International Internet ETF 22.0 65 14 24.7 +10.1
TCHI iShares MSCI China Multisector Tech ETF 21.3 59 20 13.4 -1.2
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 21.0 86 -7 13.4 -1.2
KTEC KraneShares Hang Seng TECH Index ETF 19.2 69 10 21.0 +6.4
EEMO Invesco S&P Emerging Markets Momentum ETF 17.3 29 50 6.6 -8.0
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 16.9 65 14 6.1 -8.5
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 16.8 55 24 6.3 -8.3
PXH Invesco FTSE RAFI Emerging Markets ETF 16.2 49 30 13.4 -1.2
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 15.8 20 59 7.4 -7.2
MEM Matthews Emerging Markets Equity Active ETF 15.4 79 0 8.5 -6.1
CQQQ Invesco China Technology ETF 14.5 70 9 15.2 +0.6
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 13.5 60 19 9.2 -5.4
AIA iShares Asia 50 ETF 13.2 50 29 7.7 -6.9
CHIQ Global X MSCI China Consumer Discretionary ETF 13.1 65 14 13.7 -0.9
MINV Matthews Asia Innovators Active ETF 12.9 79 0 5.1 -9.5
LDEM iShares ESG MSCI EM Leaders ETF 12.8 17 62 12.9 -1.7
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 11.5 15 64 8.8 -5.7
EMC Global X Emerging Markets Great Consumer ETF 11.3 75 4 7.1 -7.5
NUEM Nuveen ESG Emerging Markets Equity ETF 11.3 36 43 6.1 -8.5
GMF SPDR S&P Emerging Asia Pacific ETF 10.9 49 30 8.6 -6.0
FLAX Franklin FTSE Asia Ex Japan ETF 10.7 19 60 7.1 -7.5
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 10.4 33 46 6.7 -7.8
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 10.0 32 47 7.4 -7.2
JHEM John Hancock Multifactor Emerging Markets ETF 9.9 49 30 7.5 -7.1
JADE JPMorgan Active Developing Markets Equity ETF 9.8 65 14 6.1 -8.5
FCA First Trust China AlphaDEX Fund 9.8 80 -1 7.5 -7.1
VWO Vanguard FTSE Emerging Markets ETF 9.6 7 72 9.2 -5.4
JIVE JPMorgan International Value ETF 9.5 55 24 8.4 -6.2
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 9.5 15 64 8.0 -6.6
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 9.5 36 43 7.6 -7.0
BKEM BNY Mellon Emerging Markets Equity ETF 9.5 11 68 7.9 -6.7
EMXF iShares ESG Advanced MSCI EM ETF 9.4 16 63 6.7 -7.8
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 9.4 66 13 7.2 -7.4
SCHE Schwab Emerging Markets Equity ETF 9.4 11 68 9.5 -5.1
AAXJ iShares MSCI All Country Asia ex Japan ETF 9.3 70 9 6.9 -7.7
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 9.2 39 40 13.7 -0.9
EEMA iShares MSCI Emerging Markets Asia ETF 9.2 49 30 7.5 -7.1
ESGE iShares ESG Aware MSCI EM ETF 9.0 25 54 8.3 -6.3
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 8.9 45 34 8.1 -6.5
SPEM SPDR Portfolio Emerging Markets ETF 8.7 7 72 9.5 -5.1
SOCL Global X Social Media ETF 8.5 65 14 12.5 -2.1
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 8.5 30 49 8.0 -6.6
ECON Columbia Emerging Markets Consumer ETF 8.3 49 30 6.6 -8.0
EEM iShares MSCI Emerging Markets ETF 8.2 69 10 7.8 -6.8
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 8.2 69 10 7.4 -7.2
EMGF iShares Emerging Markets Equity Factor ETF 8.0 25 54 8.8 -5.7
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 7.5 60 19 6.6 -8.0
IEMG iShares Core MSCI Emerging Markets ETF 7.4 9 70 8.2 -6.4
DFAE Dimensional Emerging Core Equity Market ETF 7.0 35 44 7.0 -7.6
MOTI VanEck Morningstar International Moat ETF 6.9 58 21 10.2 -4.3
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 6.6 41 38 6.9 -7.7
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 6.6 75 4 3.4 -11.2
AVSE Avantis Responsible Emerging Markets Equity ETF 6.5 33 46 6.6 -8.0
AVEM Avantis Emerging Markets Equity ETF 6.5 33 46 7.0 -7.6
ESPO VanEck Video Gaming and eSports ETF 6.5 56 23 6.7 -7.8
ODDS Pacer BlueStar Digital Entertainment ETF 6.3 60 19 4.7 -9.9
ADIV SmartETFs Asia Pacific Dividend Builder ETF 6.2 78 1 9.7 -4.9
DINT Davis Select International ETF 6.1 55 24 6.1 -8.5
DEHP Dimensional Emerging Markets High Profitability ETF 6.1 41 38 4.8 -9.8
DFEM Dimensional Emerging Markets Core Equity 2 ETF 6.0 38 41 7.0 -7.6
EVLU iShares MSCI Emerging Markets Value Factor ETF 5.9 35 44 10.0 -4.5
DFEV Dimensional Emerging Markets Value ETF 5.8 43 36 9.4 -5.2
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 5.6 59 20 8.6 -6.0
RXI iShares Global Consumer Discretionary ETF 5.5 41 38 8.2 -6.4
FDEM Fidelity Emerging Markets Multifactor ETF 5.5 25 54 10.4 -4.2
UEVM VictoryShares Emerging Markets Value Momentum ETF 5.4 45 34 9.7 -4.9
DWLD Davis Select Worldwide ETF 5.4 63 16 6.7 -7.9
KURE KraneShares MSCI All China Health Care Index ETF 5.4 65 14 3.2 -11.4
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 5.4 42 37 4.1 -10.5
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 5.3 88 -9 8.4 -6.2
OGIG ALPS O'Shares Global Internet Giants ETF 5.2 48 31 2.5 -12.1
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 5.1 95 -16 10.0 -4.6
ECNS iShares MSCI China Small-Cap ETF 4.8 59 20 9.2 -5.4
DRGN Themes China Generative Artificial Intelligence ETF 4.7 39 40 9.4 -5.2
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 4.5 30 49 7.6 -6.9
FMET Fidelity Metaverse ETF 4.4 39 40 4.3 -10.3
DEM WisdomTree Emerging Markets High Dividend Fund 4.4 63 16 10.3 -4.3
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 4.3 40 39 6.3 -8.3
MOTG VanEck Morningstar Global Wide Moat ETF 4.2 52 27 8.0 -6.6
PCGG Polen Capital Global Growth ETF 4.1 85 -6 3.9 -10.7
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 4.1 72 7 2.2 -12.4
EV Mast Global Battery Recycling & Production ETF 4.0 65 14 6.3 -8.3
RNEM First Trust Emerging Markets Equity Select ETF 3.9 75 4 8.2 -6.4
IVRS iShares Future Metaverse Tech and Communications ETF 3.8 47 32 5.2 -9.3
LIT Global X Lithium & Battery Tech ETF 3.8 75 4 5.0 -9.6
METV Roundhill Ball Metaverse ETF 3.8 59 20 8.1 -6.5
PATN Pacer Nasdaq International Patent Leaders ETF 3.7 65 14 4.0 -10.6
ROAM Hartford Multifactor Emerging Markets ETF 3.7 44 35 7.5 -7.1
BNGE First Trust S-Network Streaming and Gaming ETF 3.7 70 9 3.1 -11.5
BATT Amplify Lithium & Battery Technology ETF 3.7 59 20 1.9 -12.7
IXP iShares Global Comm Services ETF 3.7 42 37 5.7 -8.9
KGRN KraneShares MSCI China Clean Technology Index ETF 3.6 79 0 3.4 -11.2
FDCF Fidelity Disruptive Communications ETF 3.5 50 29 1.9 -12.7
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 3.5 41 38 6.0 -8.6
SDEM Global X MSCI SuperDividend Emerging Markets ETF 3.4 67 12 12.8 -1.8
ECOW Pacer Emerging Markets Cash Cows 100 ETF 3.3 70 9 9.5 -5.1
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 3.3 50 29 8.1 -6.5
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 3.3 80 -1 6.9 -7.7
GXUS Goldman Sachs MarketBeta Total International Equity ETF 3.2 18 61 6.4 -8.2
ANEW ProShares MSCI Transformational Changes ETF 3.2 45 34 4.4 -10.2
AIS VistaShares Artificial Intelligence Supercycle ETF 3.0 75 4 0.9 -13.7
KSTR KraneShares SSE STAR Market 50 Index ETF 3.0 89 -10 0.7 -13.9
EMMF WisdomTree Emerging Markets Multifactor Fund 3.0 48 31 8.4 -6.2
ABLG Abacus FCF International Leaders ETF 2.8 59 20 6.4 -8.2
VEU Vanguard FTSE All-World ex-US Index Fund 2.8 4 75 6.7 -7.8
ACWX iShares MSCI ACWI ex U.S. ETF 2.8 34 45 6.4 -8.2
TTAI FCF International Quality ETF 2.8 59 20 6.8 -7.8
AVES Avantis Emerging Markets Value ETF 2.8 36 43 8.9 -5.6
AIVC Amplify Bloomberg AI Value Chain ETF 2.7 59 20 3.3 -11.3
IPKW Invesco International BuyBack Achievers ETF 2.7 55 24 8.2 -6.4
DVYE iShares Emerging Markets Dividend ETF 2.7 49 30 17.9 +3.3
ISHP First Trust Nasdaq Retail ETF 2.6 60 19 5.5 -9.1
VXUS Vanguard Total International Stock ETF 2.6 5 74 6.7 -7.9
IBUY Amplify Online Retail ETF 2.6 65 14 2.3 -12.3
CWI SPDR MSCI ACWI ex-US ETF 2.6 30 49 6.5 -8.1
OND ProShares On-Demand ETF 2.6 58 21 0.5 -14.1
DSTX Distillate International Fundamental Stability & Value ETF 2.5 55 24 6.7 -7.9
HUMN Roundhill Humanoid Robotics ETF 2.5 75 4 1.1 -13.5
IXUS iShares Core MSCI Total International Stock ETF 2.5 7 72 6.6 -8.0
VSGX Vanguard ESG International Stock ETF 2.5 10 69 6.6 -8.0
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 2.5 44 35 9.5 -5.1
GTEK Goldman Sachs Future Tech Leaders Equity ETF 2.4 75 4 1.7 -12.8
CHAT Roundhill Generative AI & Technology ETF 2.4 75 4 3.9 -10.7
BUYZ Franklin Disruptive Commerce ETF 2.3 50 29 2.5 -12.1
IBLC iShares Blockchain and Tech ETF 2.3 47 32 -1.2 -15.8
CNYA iShares MSCI China A ETF 2.3 60 19 6.3 -8.3
GINN Goldman Sachs Innovate Equity ETF 2.3 52 27 3.7 -10.9
JIG JPMorgan International Growth ETF 2.3 55 24 3.6 -10.9
ION ProShares S&P Global Core Battery Metals ETF 2.2 58 21 5.9 -8.7
PGJ Invesco Golden Dragon China ETF 2.2 70 9 15.2 +0.6
ARVR First Trust Indxx Metaverse ETF 2.2 70 9 3.6 -11.0
OBOR KraneShares MSCI One Belt One Road Index ETF 2.2 79 0 7.5 -7.1
ETEC iShares Breakthrough Environmental Solutions ETF 2.1 47 32 2.7 -11.9
AIQ Global X Artificial Intelligence & Technology ETF 2.1 68 11 2.7 -11.9
KLMT Invesco MSCI Global Climate 500 ETF 2.0 10 69 5.0 -9.6
AOTS AOT Software Platform ETF 2.0 49 30 4.6 -10.0
FDT First Trust Developed Markets ex-US AlphaDEX Fund 2.0 80 -1 6.7 -7.9
GSIB Themes Global Systemically Important Banks ETF 2.0 35 44 8.3 -6.3
OZEM Roundhill GLP-1 & Weight Loss ETF 2.0 59 20 5.5 -9.1
THNR Amplify Weight Loss Drug & Treatment ETF 2.0 59 20 5.9 -8.7
FID First Trust S&P International Dividend Aristocrats ETF 2.0 60 19 7.8 -6.8
ONLN ProShares Online Retail ETF 2.0 58 21 1.4 -13.2
CDIG City Different Investments Global Equity ETF 2.0 75 4 -1.6 -16.2
EBIZ Global X E-Commerce ETF 2.0 50 29 4.9 -9.7
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.9 45 34 -0.9 -15.5
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.8 65 14 7.3 -7.3
XDAT Franklin Exponential Data ETF 1.7 50 29 1.1 -13.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.6 30 49 6.4 -8.2
WDIV SPDR S&P Global Dividend ETF 1.6 40 39 9.1 -5.5
FRGN Horizon International Equity ETF 1.6 75 4 7.8 -6.8
VYMI Vanguard International High Dividend Yield ETF 1.6 17 62 8.1 -6.5
CGXU Capital Group International Focus Equity ETF 1.5 54 25 3.8 -10.8
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.5 58 21 3.1 -11.5
HYP Golden Eagle Dynamic Hypergrowth ETF 1.5 85 -6 -0.8 -15.4
EWH iShares MSCI Hong Kong ETF 1.5 50 29 5.4 -9.2
FTRI First Trust Indxx Global Natural Resources Income ETF 1.5 70 9 6.7 -7.9
BWEB Bitwise Web3 ETF 1.4 85 -6 -0.1 -14.7
SCHY Schwab International Dividend Equity ETF 1.4 14 65 8.5 -6.1
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 1.4 57 22 2.3 -12.2
GEW Cambria Global EW ETF 1.4 29 50 5.4 -9.2
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.3 12 67 8.8 -5.8
AADR AdvisorShares Dorsey Wright ADR ETF 1.3 110 -31 3.1 -11.5
FEOE First Eagle Overseas Equity ETF 1.3 79 0 6.2 -8.4
KOCG FIS Knights of Columbus Global Belief ETF 1.2 75 4 4.4 -10.1
IXG iShares Global Financials ETF 1.2 42 37 6.3 -8.3
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.2 10 69 8.6 -5.9
SDG iShares MSCI Global Sustainable Development Goals ETF 1.2 49 30 4.5 -10.1
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 1.2 25 54 6.2 -8.4
EEMS iShares MSCI Emerging Markets Small Cap ETF 1.2 70 9 6.5 -8.1
QNXT iShares Nasdaq-100 ex Top 30 ETF 1.1 20 59 4.0 -10.6
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.1 20 59 4.7 -9.9
DGT State Street SPDR Global Dow ETF 1.1 50 29 5.7 -8.9
ARKF ARK Fintech Innovation ETF 1.1 75 4 0.3 -14.3
FDTX Fidelity Disruptive Technology ETF 1.0 50 29 1.5 -13.1
TAN Invesco Solar ETF 1.0 67 12 3.8 -10.8
FRNW Fidelity Clean Energy ETF 1.0 39 40 1.7 -12.9
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 1.0 79 0 3.6 -11.0
VCLN Virtus Duff & Phelps Clean Energy ETF 1.0 59 20 2.2 -12.4
CTEC Global X CleanTech ETF 1.0 50 29 -0.1 -14.7
UMMA Wahed Dow Jones Islamic World ETF 1.0 65 14 3.5 -11.1
ACWI iShares MSCI ACWI ETF 1.0 32 47 4.6 -9.9
VT Vanguard Total World Stock ETF 1.0 6 73 5.0 -9.6
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.9 42 37 7.6 -7.0
FDLS Inspire Fidelis Multi Factor ETF 0.9 76 3 3.3 -11.3
IGRO iShares International Dividend Growth ETF 0.9 15 64 6.8 -7.8
PBD Invesco Global Clean Energy ETF 0.9 75 4 0.2 -14.4
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.9 35 44 3.4 -11.2
GVAL Cambria Global Value ETF 0.9 68 11 9.0 -5.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.9 9 70 4.9 -9.7
FEGE First Eagle Global Equity ETF 0.9 79 0 6.1 -8.5
SUPL ProShares Supply Chain Logistics ETF 0.9 58 21 7.4 -7.2
IPOS Renaissance International IPO ETF 0.9 80 -1 0.0 -14.6
IQDF FlexShares International Quality Dividend Index Fund 0.9 47 32 7.6 -7.0
GLOF iShares Global Equity Factor ETF 0.8 20 59 5.6 -9.0
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.8 47 32 7.2 -7.4
XT iShares Exponential Technologies ETF 0.8 46 33 3.8 -10.7
IOO iShares Global 100 ETF 0.8 41 38 3.8 -10.8
ARKX ARK Space Exploration & Innovation ETF 0.8 75 4 -0.0 -14.6
DFNL Davis Select Financial ETF 0.8 63 16 7.6 -6.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.7 12 67 4.4 -10.1
BPAY BlackRock Future Financial and Technology ETF 0.7 70 9 5.8 -8.7
ACWV iShares MSCI Global Min Vol Factor ETF 0.7 20 59 5.7 -8.8
TIIV AAM Todd International Intrinsic Value ETF 0.7 54 25 9.7 -4.8
CGIE Capital Group International Equity ETF 0.7 54 25 4.6 -10.0
AUAU Global X Gold Miners ETF 0.7 35 44 2.8 -11.8
AGMI Themes Silver Miners ETF 0.7 35 44 4.3 -10.3
DTEC ALPS Disruptive Technologies ETF 0.7 50 29 3.6 -11.0
JSTC Adasina Social Justice All Cap Global ETF 0.6 89 -10 4.3 -10.3
VIDI Vident International Equity Strategy ETF 0.6 61 18 8.1 -6.5
SHPP Pacer Industrials and Logistics ETF 0.6 60 19 6.6 -8.0
DEW WisdomTree Global High Dividend Fund 0.6 58 21 7.2 -7.3
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 0.5 90 -11 3.7 -10.9
APIE ActivePassive International Equity ETF 0.5 45 34 6.4 -8.2
PICK iShares MSCI Global Metals & Mining Producers ETF 0.5 39 40 8.0 -6.6
FPXI First Trust International Equity Opportunities ETF 0.5 70 9 3.7 -10.9
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.5 80 -1 12.2 -2.4
QQQ Invesco QQQ Trust Series I 0.5 20 59 3.2 -11.4
QQQM Invesco NASDAQ 100 ETF 0.5 15 64 3.2 -11.4
CCNR ALPS CoreCommodity Natural Resources ETF 0.5 39 40 8.1 -6.5
JGLO JPMorgan Global Select Equity ETF 0.5 33 46 4.3 -10.3
UIVM VictoryShares International Value Momentum ETF 0.4 35 44 8.2 -6.4
BJK VanEck Gaming ETF 0.4 65 14 4.5 -10.1
ERTH Invesco MSCI Sustainable Future ETF 0.4 62 17 3.0 -11.6
EELV Invesco S&P Emerging Markets Low Volatility ETF 0.4 29 50 8.9 -5.7
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.4 19 60 5.5 -9.0
SMOG VanEck Low Carbon Energy ETF 0.3 61 18 1.2 -13.4
GNOM Global X Genomics & Biotechnology ETF 0.3 50 29 -2.6 -17.2
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.3 65 14 1.4 -13.2
QQMG Invesco ESG NASDAQ 100 ETF 0.3 20 59 3.1 -11.5
EPP iShares MSCI Pacific ex-Japan ETF 0.3 47 32 5.1 -9.5
TRFM AAM Transformers ETF 0.3 49 30 1.0 -13.6
QQWZ Pacer Cash COWZ 100-Nasdaq100 Rotator ETF 0.2 49 30 7.3 -7.3
AQLT iShares MSCI Global Quality Factor ETF 0.2 18 61 0.0 -14.6
CLNR IQ Cleaner Transport ETF 0.2 45 34 3.9 -10.7
FNDC Schwab Fundamental International Small Co. Index ETF 0.2 39 40 6.8 -7.7
EFRA iShares Environmental Infrastructure and Industrials ETF 0.2 47 32 5.1 -9.5
ONEQ Fidelity Nasdaq Composite Index ETF 0.2 21 58 2.9 -11.7
CIL VictoryShares International Volatility Wtd ETF 0.2 45 34 5.8 -8.8
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 0.2 65 14 4.4 -10.2
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.2 46 33 7.8 -6.8
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.2 49 30 6.1 -8.5
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.1 39 40 6.2 -8.4
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.1 25 54 6.2 -8.4
FENI Fidelity Enhanced International ETF 0.1 28 51 5.8 -8.8
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 8 71 6.3 -8.3
THRO iShares U.S. Thematic Rotation Active ETF 0.1 90 -11 3.1 -11.5
RING iShares MSCI Global Gold Miners ETF 0.1 39 40 3.8 -10.8
IQLT iShares MSCI Intl Quality Factor ETF 0.1 30 49 5.5 -9.1
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.1 58 21 8.4 -6.2
IQSI IQ Candriam International Equity ETF 0.1 15 64 5.6 -9.0
IPAC iShares Core MSCI Pacific ETF 0.1 9 70 5.5 -9.1
DMXF iShares ESG Advanced MSCI EAFE ETF 0.1 12 67 4.9 -9.6
BKIE BNY Mellon International Equity ETF 0.1 4 75 6.0 -8.6
GSID Goldman Sachs MarketBeta International Equity ETF 0.1 20 59 5.9 -8.7
FNDF Schwab Fundamental International Large Co. Index ETF 0.1 25 54 7.4 -7.2
EFG iShares MSCI EAFE Growth ETF 0.1 36 43 3.8 -10.8
EWX SPDR S&P Emerging Markets Small Cap ETF 0.0 65 14 6.5 -8.1
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.0 20 59 0.8 -13.8
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.0 36 43 5.4 -9.2
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.0 20 59 5.7 -8.9
GWX SPDR S&P International Small Cap ETF 0.0 40 39 5.9 -8.7
ISCF iShares International SmallCap Equity Factor ETF 0.0 23 56 7.3 -7.3
VPL Vanguard FTSE Pacific ETF 0.0 7 72 5.3 -9.3
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.0 35 44 5.7 -8.9
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.0 12 67 5.3 -9.3
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 76 5.8 -8.7
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.0 20 59 5.7 -8.9
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.0 30 49 6.2 -8.4
EFA iShares MSCI EAFE ETF 0.0 35 44 5.8 -8.8
HEFA iShares Currency Hedged MSCI EAFE ETF 0.0 35 44 5.8 -8.8
IEFA iShares Core MSCI EAFE ETF 0.0 7 72 6.1 -8.5
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 75 6.0 -8.6
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 40 7.0 -7.6
WSGE Warren Street Global Equity ETF 0.0 80 -1 2.9 -11.7
SCHF Schwab International Equity ETF 0.0 6 73 6.0 -8.6
VEA Vanguard FTSE Developed Markets ETF 0.0 3 76 6.0 -8.6
VIGI Vanguard International Dividend Appreciation ETF 0.0 10 69 6.1 -8.5
KOKU Xtrackers MSCI Kokusai Equity ETF 0.0 9 70 4.4 -10.2
AVSD Avantis Responsible International Equity ETF 0.0 23 56 6.0 -8.6
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 37 4.0 -10.5
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 49 5.2 -9.4
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 34 6.8 -7.8
URTH iShares MSCI World ETF 0.0 24 55 4.3 -10.3
TOK iShares MSCI Kokusai ETF 0.0 26 53 4.3 -10.3
AVDE Avantis International Equity ETF 0.0 23 56 6.2 -8.4
AVDV Avantis International Small Cap Value ETF 0.0 36 43 7.7 -6.9

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:		 Matthews China Active 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 12.3 %
Divided by: Fwd. P/BV 0.8 x
Less: Expense ratio 79 bp
Equals: ALTAR Score 14.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.45 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.