Matthews Asia Innovators Active ETF
ALTAR
Score™		 5.5% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 20.6x P/Sales
ratio		 4.9x
P/BV
ratio		 4.0x Div.
yield		 0.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
MINV is actively managed to hold stocks of innovative companies in Asia. Holdings are fundamentally screened for sustainable growth.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Matthews International Capital Management
Website www.matthewsasia.com/funds/etfs/asia-innovators-active-etf/
Inception date Jul 13, 2022
Assets (mns) $159
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 74
Wgt avg mkt cap (mns) $321,978
Large cap (>$10bn) 89.7%
Mid cap ($2-10bn) 10.4%
Small cap (<$2bn) 0.0%
Developed mkts 15.1%
Emerging mkts 85.0%

TOP TEN HOLDINGS
SAMSUNG ELECTRONICS CO LTD 7.3 %
DELTA ELECTRONICS INC 3.3 %
MTAR TECHNOLOGIES LTD 3.1 %
RELIANCE INDS-SPONS GDR 144A 2.8 %
MONTAGE TECHNOLOGY CO LTD ORDINARY 2.8 %
KAORI HEAT TREATMENT CO., LTD. 2.8 %
SAMSUNG ELECTRO-MECHANICS CO 2.7 %
BEIJING SEVENSTAR ELECTRONICS CO., 2.7 %
WISTRON NEWEB CORP 2.6 %
UNIMICRON TECHNOLOGY CORP 2.4 %
Total 32.4 %

TOP COUNTRY EXPOSURE
TAIWAN 33.9 %
CHINA 22.3 %
SOUTH KOREA 17.4 %
INDIA 4.1 %
JAPAN 1.9 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru July 31)
Year-to-date 1 year 5 years 10 years Since Incep.
34.4% 48.6% -- -- 17.9%

Market Correlations
versus... Beta R-squared
S&P500 1.75 51%
MSCI EAFE 1.40 49%
MSCI Emg. Mkts. 1.19 86%

Technical Indicators
Recent close $49.32
30d moving avg. $51.97
Annualized volatility 20.6%
Short interest (ETF) 0.5%
Relative strength (RSI) 45

Liquidity measures
Avg. volume (thou.) 8
Turnover 0.3%
Bid/Ask (% of price) 0.37%
ADV underlying (mns) $8,419

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 414 potential alternatives to the Matthews Asia Innovators Active ETF ETF based on the alternatives' overlap in portfolio holdings with MINV. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: MINV Expense: 79 bp ALTAR Score™: 5.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH MINV
Ticker Fund
Name		 Overlap1
vs MINV
(%)		 Expense
ratio
(bp)		 Savings
vs MINV
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs MINV
(%)
JADE JPMorgan Active Developing Markets Equity ETF 26.8 65 14 5.9 +0.4
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 26.8 33 46 6.7 +1.2
FLAX Franklin FTSE Asia Ex Japan ETF 26.0 19 60 7.1 +1.6
JHEM John Hancock Multifactor Emerging Markets ETF 25.5 49 30 7.5 +1.9
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 25.2 15 64 8.0 +2.4
BKEM BNY Mellon Emerging Markets Equity ETF 24.8 11 68 24.0 +18.5
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 24.7 36 43 7.5 +2.0
EMM Global X Emerging Markets ex-China ETF 24.7 75 4 4.7 -0.8
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 24.6 66 13 7.3 +1.8
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 24.4 32 47 7.5 +1.9
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 23.6 24 55 5.2 -0.4
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 23.0 45 34 8.0 +2.5
AAXJ iShares MSCI All Country Asia ex Japan ETF 22.4 70 9 6.9 +1.4
EMMF WisdomTree Emerging Markets Multifactor Fund 22.4 48 31 8.6 +3.0
ECON Columbia Emerging Markets Consumer ETF 22.1 49 30 6.6 +1.0
AIA iShares Asia 50 ETF 22.0 50 29 7.6 +2.0
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 21.9 30 49 7.9 +2.4
EMC Global X Emerging Markets Great Consumer ETF 21.7 75 4 7.1 +1.5
XCEM Columbia EM Core ex-China ETF 21.7 16 63 5.0 -0.6
EMGF iShares Emerging Markets Equity Factor ETF 21.3 25 54 8.9 +3.4
EEMO Invesco S&P Emerging Markets Momentum ETF 21.3 29 50 6.8 +1.2
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 21.1 69 10 7.6 +2.0
EEM iShares MSCI Emerging Markets ETF 21.0 69 10 7.8 +2.3
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 20.9 88 -9 8.4 +2.9
EEMA iShares MSCI Emerging Markets Asia ETF 20.6 49 30 7.5 +1.9
ESGE iShares ESG Aware MSCI EM ETF 20.3 25 54 8.2 +2.7
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 19.9 15 64 8.8 +3.3
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 19.8 32 47 4.7 -0.8
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 19.5 59 20 8.5 +3.0
STXE Strive Emerging Markets Ex-China ETF 19.4 32 47 5.2 -0.3
FTHF First Trust Emerging Markets Human Flourishing ETF 19.4 75 4 5.8 +0.2
IEMG iShares Core MSCI Emerging Markets ETF 19.4 9 70 8.2 +2.6
EMXC iShares MSCI Emerging Markets ex China ETF 19.3 25 54 5.1 -0.4
FDEM Fidelity Emerging Markets Multifactor ETF 19.0 25 54 10.4 +4.8
FLTW Franklin FTSE Taiwan ETF 19.0 19 60 3.3 -2.2
PATN Pacer Nasdaq International Patent Leaders ETF 18.6 65 14 4.0 -1.5
DEHP Dimensional Emerging Markets High Profitability ETF 18.4 41 38 4.8 -0.7
EWT iShares MSCI Taiwan ETF 18.4 58 21 2.9 -2.6
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 18.4 40 39 6.2 +0.6
FRDM Freedom 100 Emerging Markets ETF 18.2 49 30 5.4 -0.2
DFAE Dimensional Emerging Core Equity Market ETF 18.1 35 44 7.0 +1.4
ROAM Hartford Multifactor Emerging Markets ETF 17.0 44 35 7.5 +2.0
EMDM First Trust Bloomberg Emerging Market Democracies ETF 16.6 75 4 6.3 +0.8
JIG JPMorgan International Growth ETF 16.1 55 24 3.6 -1.9
DFEM Dimensional Emerging Markets Core Equity 2 ETF 16.0 38 41 7.0 +1.5
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 15.9 30 49 7.5 +1.9
EWY iShares MSCI South Korea ETF 15.6 58 21 3.4 -2.1
FLKR Franklin FTSE South Korea ETF 15.4 9 70 4.3 -1.2
GMF SPDR S&P Emerging Asia Pacific ETF 15.0 49 30 8.5 +3.0
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 15.0 50 29 8.2 +2.7
GTEK Goldman Sachs Future Tech Leaders Equity ETF 14.9 75 4 1.8 -3.8
EMXF iShares ESG Advanced MSCI EM ETF 14.7 16 63 6.6 +1.0
PXH Invesco FTSE RAFI Emerging Markets ETF 14.5 49 30 13.1 +7.6
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 14.5 41 38 6.9 +1.3
AVEM Avantis Emerging Markets Equity ETF 14.4 33 46 7.0 +1.5
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 14.3 25 54 6.0 +0.5
LDEM iShares ESG MSCI EM Leaders ETF 14.2 17 62 12.5 +7.0
JIVE JPMorgan International Value ETF 14.1 55 24 7.9 +2.4
AVSE Avantis Responsible Emerging Markets Equity ETF 14.1 33 46 6.6 +1.1
KNCT Invesco Next Gen Connectivity ETF 13.3 40 39 2.9 -2.6
NUEM Nuveen ESG Emerging Markets Equity ETF 13.2 36 43 5.9 +0.4
DEXC Dimensional Emerging Markets ex China Core EquityETF 13.1 53 26 5.1 -0.4
JCHI JPMorgan Active China ETF 12.9 65 14 15.1 +9.6
CGXU Capital Group International Focus Equity ETF 12.1 54 25 3.7 -1.8
VWO Vanguard FTSE Emerging Markets ETF 12.1 7 72 9.0 +3.5
SPEM SPDR Portfolio Emerging Markets ETF 11.9 7 72 9.4 +3.8
SCHE Schwab Emerging Markets Equity ETF 11.8 11 68 9.3 +3.7
AIVC Amplify Bloomberg AI Value Chain ETF 11.6 59 20 3.4 -2.1
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 11.5 90 -11 3.6 -1.9
BAI iShares AI Innovation and Tech Active ETF 11.4 55 24 1.0 -4.6
UMMA Wahed Dow Jones Islamic World ETF 11.0 65 14 3.5 -2.0
GXUS Goldman Sachs MarketBeta Total International Equity ETF 10.9 18 61 6.2 +0.6
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 10.8 39 40 13.3 +7.8
MCH Matthews China Active ETF 10.8 79 0 14.8 +9.2
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 10.7 95 -16 9.7 +4.1
VPL Vanguard FTSE Pacific ETF 10.4 7 72 5.1 -0.4
CHAT Roundhill Generative AI & Technology ETF 10.2 75 4 4.1 -1.4
VSGX Vanguard ESG International Stock ETF 10.0 10 69 6.4 +0.9
AIQ Global X Artificial Intelligence & Technology ETF 10.0 68 11 2.7 -2.8
TCHI iShares MSCI China Multisector Tech ETF 10.0 59 20 14.4 +8.9
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 10.0 41 38 5.8 +0.3
ACWX iShares MSCI ACWI ex U.S. ETF 9.9 34 45 6.2 +0.7
CXSE WisdomTree China ex-State-Owned Enterprises Fund 9.9 32 47 14.1 +8.5
AVXC Avantis Emerging Markets Ex-China Equity ETF 9.8 33 46 6.1 +0.6
DFEV Dimensional Emerging Markets Value ETF 9.7 43 36 9.4 +3.8
VEU Vanguard FTSE All-World ex-US Index Fund 9.5 4 75 6.5 +1.0
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 9.5 60 19 8.7 +3.2
VEXC Vanguard Emerging Markets Ex-China ETF 9.4 7 72 5.6 +0.1
IMFL Invesco International Developed Dynamic Multifactor ETF 9.3 34 45 5.1 -0.5
AIS VistaShares Artificial Intelligence Supercycle ETF 9.2 75 4 1.0 -4.6
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 9.2 55 24 6.4 +0.8
IXN iShares Global Tech ETF 9.0 41 38 2.6 -2.9
VXUS Vanguard Total International Stock ETF 9.0 5 74 6.5 +0.9
XCNY SPDR S&P Emerging Markets ex-China ETF 9.0 15 64 5.6 +0.1
IXUS iShares Core MSCI Total International Stock ETF 9.0 7 72 6.4 +0.9
FRGN Horizon International Equity ETF 8.8 75 4 7.7 +2.2
DOL WisdomTree International LargeCap Dividend Fund 8.7 48 31 5.4 -0.1
IQDF FlexShares International Quality Dividend Index Fund 8.7 47 32 7.3 +1.8
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 8.7 65 14 6.3 +0.8
EVLU iShares MSCI Emerging Markets Value Factor ETF 8.7 35 44 9.9 +4.4
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 8.6 45 34 6.6 +1.0
WTAI WisdomTree Artificial Intelligence and Innovation Fund 8.3 45 34 1.9 -3.7
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 8.0 80 -1 7.5 +2.0
FEM First Trust Emerging Markets AlphaDEX Fund 7.8 80 -1 8.8 +3.3
CGGO Capital Group Global Growth Equity ETF 7.7 47 32 3.9 -1.6
IQDY FlexShares International Quality Dividend Dynamic Index Fund 7.6 47 32 7.0 +1.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 7.4 30 49 6.3 +0.8
DINT Davis Select International ETF 7.3 55 24 5.8 +0.2
CWI SPDR MSCI ACWI ex-US ETF 7.1 30 49 6.3 +0.7
FLCH Franklin FTSE China ETF 7.1 19 60 17.8 +12.3
CLNR IQ Cleaner Transport ETF 7.0 45 34 4.0 -1.6
HFXI IQ FTSE International Equity Currency Neutral ETF 6.9 20 59 5.5 -0.1
CHPX Global X AI Semiconductor & Quantum ETF 6.9 50 29 1.6 -3.9
OAIM OneAscent International Equity ETF 6.7 95 -16 4.5 -1.1
FMET Fidelity Metaverse ETF 6.7 39 40 4.2 -1.3
NXTG First Trust Indxx NextG ETF 6.7 70 9 3.5 -2.0
ABLG Abacus FCF International Leaders ETF 6.7 59 20 6.5 +1.0
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 6.6 86 -7 12.3 +6.8
AGIX KraneShares Artificial Intelligence and Technology ETF 6.6 99 -20 1.1 -4.5
LIT Global X Lithium & Battery Tech ETF 6.5 75 4 5.6 +0.0
MOTG VanEck Morningstar Global Wide Moat ETF 6.5 52 27 7.5 +2.0
MOTI VanEck Morningstar International Moat ETF 6.4 58 21 9.6 +4.0
CARZ First Trust NASDAQ Global Auto Index Fund 6.4 70 9 2.4 -3.2
CQQQ Invesco China Technology ETF 6.4 70 9 15.5 +10.0
PIEL Pacer International Export Leaders ETF 6.3 60 19 4.0 -1.6
FEOE First Eagle Overseas Equity ETF 6.2 79 0 5.9 +0.3
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 6.2 42 37 4.0 -1.6
DEM WisdomTree Emerging Markets High Dividend Fund 6.0 63 16 10.2 +4.6
DWLD Davis Select Worldwide ETF 5.9 63 16 6.5 +1.0
ANEW ProShares MSCI Transformational Changes ETF 5.8 45 34 4.2 -1.3
SCHF Schwab International Equity ETF 5.7 6 73 5.8 +0.2
METV Roundhill Ball Metaverse ETF 5.7 59 20 7.9 +2.4
CGRO CoreValues Alpha Greater China Growth ETF 5.5 75 4 5.0 -0.5
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 5.5 44 35 9.3 +3.7
KLMT Invesco MSCI Global Climate 500 ETF 5.5 10 69 4.8 -0.7
VEA Vanguard FTSE Developed Markets ETF 5.3 3 76 5.8 +0.2
ARTY iShares Future AI & Tech ETF 5.2 47 32 2.4 -3.2
FNDF Schwab Fundamental International Large Co. Index ETF 5.2 25 54 7.2 +1.6
RGEF Rockefeller Global Equity ETF 5.0 55 24 3.7 -1.9
GXC SPDR S & P China ETF 4.9 59 20 18.7 +13.1
BKF iShares MSCI BIC ETF 4.9 69 10 14.4 +8.8
WRND IQ Global Equity R&D Leaders ETF 4.9 18 61 3.9 -1.6
IBAT iShares Energy Storage & Materials ETF 4.9 47 32 1.7 -3.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 4.7 20 59 4.6 -0.9
OCEN IQ Clean Oceans ETF 4.7 45 34 4.6 -0.9
FEGE First Eagle Global Equity ETF 4.6 79 0 5.8 +0.3
ACWI iShares MSCI ACWI ETF 4.6 32 47 4.5 -1.0
MCHI iShares MSCI China ETF 4.6 59 20 20.0 +14.4
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 4.4 60 19 6.4 +0.9
AVES Avantis Emerging Markets Value ETF 4.4 36 43 9.0 +3.4
DTCR Global X Data Center & Digital Infrastructure ETF 4.3 50 29 3.4 -2.1
IGPT Invesco AI and Next Gen Software ETF 4.2 60 19 2.4 -3.2
AGQI First Trust Active Global Quality Income ETF 4.2 85 -6 6.1 +0.6
VT Vanguard Total World Stock ETF 4.2 6 73 4.9 -0.7
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 4.1 12 67 4.3 -1.2
XT iShares Exponential Technologies ETF 3.9 46 33 3.9 -1.7
JGLO JPMorgan Global Select Equity ETF 3.9 33 46 4.1 -1.4
IQM Franklin Intelligent Machines ETF 3.9 50 29 1.2 -4.4
FXI iShares China Large-Cap ETF 3.8 74 5 20.4 +14.8
KWEB KraneShares CSI China Internet ETF 3.8 69 10 23.5 +18.0
KTEC KraneShares Hang Seng TECH Index ETF 3.8 69 10 21.0 +15.5
FDNI First Trust Dow Jones International Internet ETF 3.8 65 14 23.9 +18.4
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 3.8 72 7 2.5 -3.1
EV Mast Global Battery Recycling & Production ETF 3.8 65 14 6.4 +0.8
FDT First Trust Developed Markets ex-US AlphaDEX Fund 3.8 80 -1 6.9 +1.4
ADIV SmartETFs Asia Pacific Dividend Builder ETF 3.7 78 1 9.2 +3.7
LEGR First Trust Indxx Innovative Transaction & Process ETF 3.7 65 14 7.1 +1.5
FLIN Franklin FTSE India ETF 3.5 19 60 4.0 -1.5
GLOF iShares Global Equity Factor ETF 3.4 20 59 5.4 -0.1
EPI WisdomTree India Earnings Fund 3.4 85 -6 5.0 -0.5
XC WisdomTree Emerging Markets Ex-China Fund 3.4 32 47 6.3 +0.8
AQLT iShares MSCI Global Quality Factor ETF 3.4 18 61 0.0 -5.5
POW VistaShares Electrification Supercycle ETF 3.3 75 4 2.2 -3.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 3.3 9 70 4.7 -0.8
PCGG Polen Capital Global Growth ETF 3.3 85 -6 3.8 -1.7
ARVR First Trust Indxx Metaverse ETF 3.3 70 9 3.6 -1.9
FDTX Fidelity Disruptive Technology ETF 3.3 50 29 1.6 -4.0
ACWV iShares MSCI Global Min Vol Factor ETF 3.3 20 59 5.6 +0.1
UEVM VictoryShares Emerging Markets Value Momentum ETF 3.2 45 34 9.4 +3.9
OSEA Harbor International Compounders ETF 3.1 55 24 4.2 -1.3
CGIE Capital Group International Equity ETF 3.0 54 25 4.4 -1.1
GINN Goldman Sachs Innovate Equity ETF 3.0 52 27 3.6 -2.0
IOO iShares Global 100 ETF 3.0 41 38 3.7 -1.8
IDHQ Invesco S&P International Developed High Quality ETF 3.0 29 50 4.9 -0.7
FDCF Fidelity Disruptive Communications ETF 2.9 50 29 1.8 -3.7
RXI iShares Global Consumer Discretionary ETF 2.9 41 38 8.0 +2.5
BWEB Bitwise Web3 ETF 2.8 85 -6 -0.1 -5.6
CHIQ Global X MSCI China Consumer Discretionary ETF 2.8 65 14 13.7 +8.1
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 2.8 65 14 1.3 -4.2
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 2.8 86 -7 0.2 -5.4
INQQ India Internet & Ecommerce ETF 2.8 86 -7 0.5 -5.0
SPDW SPDR Portfolio Developed World ex-US ETF 2.8 3 76 5.7 +0.2
GKAT Scharf Global Opportunity ETF 2.7 57 22 5.7 +0.2
KOCG FIS Knights of Columbus Global Belief ETF 2.7 75 4 4.5 -1.0
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 2.6 80 -1 3.7 -1.9
RNEM First Trust Emerging Markets Equity Select ETF 2.5 75 4 7.7 +2.2
FFOG Franklin Focused Growth ETF 2.3 61 18 1.6 -3.9
DRIV Global X Autonomous & Electric Vehicles ETF 2.3 68 11 3.3 -2.2
KSTR KraneShares SSE STAR Market 50 Index ETF 2.3 89 -10 0.7 -4.8
QTUM Defiance Quantum ETF 2.3 40 39 3.6 -1.9
SNSR Global X Internet of Things ETF 2.3 68 11 3.3 -2.2
TIIV AAM Todd International Intrinsic Value ETF 2.3 54 25 9.3 +3.8
BATT Amplify Lithium & Battery Technology ETF 2.3 59 20 2.0 -3.5
TMFG Motley Fool Global Opportunities ETF 2.3 85 -6 3.6 -2.0
KGRN KraneShares MSCI China Clean Technology Index ETF 2.3 79 0 3.6 -1.9
URA Global X Uranium ETF 2.3 69 10 1.0 -4.5
SOXX iShares Semiconductor ETF 2.3 35 44 2.0 -3.5
VIDI Vident International Equity Strategy ETF 2.2 61 18 8.2 +2.7
UIVM VictoryShares International Value Momentum ETF 2.2 35 44 7.7 +2.2
ERTH Invesco MSCI Sustainable Future ETF 2.2 62 17 3.2 -2.4
DGT State Street SPDR Global Dow ETF 2.1 50 29 5.5 -0.1
CGGR Capital Group Growth ETF 2.1 39 40 2.6 -3.0
FBOT Fidelity Disruptive Automation ETF 2.1 50 29 2.8 -2.8
TINY ProShares Nanotechnology ETF 2.1 58 21 1.3 -4.2
IGRO iShares International Dividend Growth ETF 2.1 15 64 6.5 +0.9
FFLC Fidelity Fundamental Large Cap Core ETF 2.0 38 41 3.7 -1.8
CGDG Capital Group Dividend Growers ETF 1.9 47 32 5.0 -0.5
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 1.9 58 21 8.5 +3.0
BNGE First Trust S-Network Streaming and Gaming ETF 1.9 70 9 3.0 -2.5
IXP iShares Global Comm Services ETF 1.9 42 37 5.8 +0.2
OGIG ALPS O'Shares Global Internet Giants ETF 1.9 48 31 2.4 -3.2
IBLC iShares Blockchain and Tech ETF 1.9 47 32 -1.3 -6.8
ODDS Pacer BlueStar Digital Entertainment ETF 1.9 60 19 4.5 -1.0
SOCL Global X Social Media ETF 1.9 65 14 12.3 +6.8
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 1.9 75 4 3.2 -2.4
ESPO VanEck Video Gaming and eSports ETF 1.9 56 23 6.4 +0.8
IVRS iShares Future Metaverse Tech and Communications ETF 1.9 47 32 5.2 -0.3
APIE ActivePassive International Equity ETF 1.8 45 34 6.2 +0.6
EEMS iShares MSCI Emerging Markets Small Cap ETF 1.8 70 9 6.6 +1.1
CIL VictoryShares International Volatility Wtd ETF 1.8 45 34 5.9 +0.3
EYLD Cambria Emerging Shareholder Yield ETF 1.8 66 13 9.0 +3.4
NUKZ Range Nuclear Renaissance Index ETF 1.8 85 -6 1.4 -4.1
FPAG FPA Global Equity ETF 1.8 49 30 5.4 -0.1
JPIN J.P. Morgan Diversified Return International Equity ETF 1.7 37 42 6.9 +1.4
PBD Invesco Global Clean Energy ETF 1.7 75 4 0.3 -5.2
BUYZ Franklin Disruptive Commerce ETF 1.7 50 29 2.4 -3.2
ROBO ROBO Global Robotics & Automation Index ETF 1.7 95 -16 2.3 -3.3
SHLD Global X Defense Tech ETF 1.6 50 29 2.9 -2.6
KURE KraneShares MSCI All China Health Care Index ETF 1.6 65 14 2.7 -2.9
JSTC Adasina Social Justice All Cap Global ETF 1.6 89 -10 4.2 -1.4
HYP Golden Eagle Dynamic Hypergrowth ETF 1.6 85 -6 -0.8 -6.3
EWJV iShares MSCI Japan Value ETF 1.6 15 64 6.7 +1.1
IMOM Alpha Architect International Quantitative Momentum ETF 1.6 49 30 4.5 -1.1
NUDM Nuveen ESG International Developed Markets Equity ETF 1.6 31 48 5.2 -0.3
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 1.6 58 21 5.6 +0.1
DBJP Xtrackers MSCI Japan Hedged Equity ETF 1.5 47 32 4.6 -1.0
JPXN iShares JPX-Nikkei 400 ETF 1.5 48 31 5.2 -0.3
TDIV First Trust NASDAQ Technology Dividend Index Fund 1.5 50 29 4.7 -0.8
IHAK iShares Cybersecurity & Tech ETF 1.5 47 32 3.2 -2.4
BBJP JPMorgan BetaBuilders Japan ETF 1.5 19 60 5.2 -0.4
DTAN Sparkline International Intangible Value ETF 1.5 55 24 6.9 +1.4
EWJ iShares MSCI Japan ETF 1.5 50 29 4.7 -0.8
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.5 58 21 3.5 -2.1
HEWJ iShares Currency Hedged MSCI Japan ETF 1.4 50 29 5.3 -0.3
YNOT Horizon Digital Frontier ETF 1.4 75 4 2.5 -3.0
AADR AdvisorShares Dorsey Wright ADR ETF 1.4 110 -31 3.1 -2.4
GINX SGI Enhanced Global Income ETF 1.4 98 -19 6.3 +0.8
BGIG Bahl & Gaynor Income Growth ETF 1.4 45 34 4.3 -1.2
BDIV AAM Brentview Dividend Growth ETF 1.4 49 30 3.6 -1.9
AOTG AOT Growth and Innovation ETF 1.4 75 4 1.2 -4.4
XNTK State Street SPDR NYSE Technology ETF 1.4 35 44 2.4 -3.1
FFND Future Fund Active ETF 1.4 100 -21 4.2 -1.4
GFGF Guru Favorite Stocks ETF Guru Favorite Stocks Fund 1.4 65 14 3.5 -2.0
TIME Clockwise Core Equity & Innovation ETF 1.4 95 -16 2.1 -3.5
DARP Grizzle Growth ETF 1.4 75 4 1.7 -3.8
LOWV AB US Low Volatility Equity ETF 1.4 48 31 4.2 -1.3
BLOK Amplify Transformational Data Sharing ETF 1.4 75 4 -0.1 -5.7
ARKQ ARK Autonomous Technology & Robotics ETF 1.4 75 4 1.0 -4.6
SOXQ Invesco PHLX Semiconductor ETF 1.4 19 60 2.0 -3.5
SWP SWP Growth & Income ETF 1.4 99 -20 4.2 -1.3
SMH VanEck Semiconductor ETF 1.4 35 44 2.0 -3.5
YLDE ClearBridge Dividend Strategy ESG ETF 1.4 60 19 5.1 -0.4
DIVS SmartETFs Dividend Builder ETF 1.4 65 14 4.2 -1.4
GVIP Goldman Sachs Hedge Industry VIP ETF 1.4 45 34 2.4 -3.2
RFDA RiverFront Dynamic US Dividend Advantage ETF 1.4 52 27 4.9 -0.6
CGDV Capital Group Dividend Value ETF 1.4 33 46 3.6 -1.9
WUGI AXS Esoterica NextG Economy ETF 1.4 75 4 1.5 -4.0
SFYF SoFi Social 50 ETF 1.4 29 50 0.8 -4.8
MOTO SmartETFs Smart Transportation & Technology ETF 1.4 68 11 5.4 -0.1
CGUS Capital Group Core Equity ETF 1.4 33 46 3.4 -2.1
BKCI BNY Mellon Concentrated International ETF 1.4 80 -1 4.7 -0.8
RFFC ALPS Active Equity Opportunity ETF 1.4 48 31 3.6 -2.0
IVES Wedbush ETFMG Global Cloud Technology ETF 1.4 68 11 3.5 -2.0
LIVR Intelligent Livermore ETF 1.4 69 10 3.1 -2.5
PRAY FIS Christian Stock Fund 1.4 69 10 3.9 -1.7
VNSE Natixis Vaughan Nelson Select ETF 1.4 80 -1 3.2 -2.3
NETZ TCW Transform Systems ETF 1.4 75 4 1.4 -4.1
LRGE ClearBridge Large Cap Growth ESG ETF 1.4 59 20 2.7 -2.8
LOGO Alpha Brands Consumption Leaders ETF 1.4 69 10 2.6 -3.0
BGDV Bahl & Gaynor Dividend ETF 1.4 45 34 3.8 -1.7
ARKW ARK Next Generation Internet ETF 1.4 87 -8 0.6 -4.9
FSST Fidelity Sustainable U.S. Equity ETF 1.4 59 20 3.6 -2.0
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 1.4 80 -1 12.4 +6.9
DXJ WisdomTree Japan Hedged Equity Fund 1.4 48 31 5.2 -0.4
JGRO JPMorgan Active Growth ETF 1.4 44 35 2.5 -3.0
EWX SPDR S&P Emerging Markets Small Cap ETF 1.4 65 14 6.7 +1.2
VYMI Vanguard International High Dividend Yield ETF 1.4 17 62 7.7 +2.1
FLJP Franklin FTSE Japan ETF 1.4 9 70 5.2 -0.3
FBCG Fidelity Blue Chip Growth ETF 1.3 59 20 2.2 -3.4
FLJH Franklin FTSE Japan Hedged ETF 1.3 9 70 5.0 -0.5
LRGC AB US Large Cap Strategic Equities ETF 1.3 48 31 3.7 -1.9
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 1.3 25 54 5.3 -0.3
ARKX ARK Space Exploration & Innovation ETF 1.3 75 4 0.0 -5.5
TPIF Timothy Plan International ETF 1.2 62 17 5.4 -0.1
SATO Invesco Alerian Galaxy Crypto Economy ETF 1.2 61 18 -0.7 -6.3
GURU Global X Guru Index ETF 1.1 75 4 2.3 -3.2
FIVA Fidelity International Value Factor ETF 1.1 18 61 7.0 +1.4
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 1.1 58 21 5.1 -0.4
PGJ Invesco Golden Dragon China ETF 1.1 70 9 14.9 +9.4
TMAT Main Thematic Innovation ETF 1.1 164 -85 -1.9 -7.5
FBCV Fidelity Blue Chip Value ETF 1.1 59 20 5.4 -0.2
IQDG WisdomTree International Quality Dividend Growth Fund 1.1 42 37 5.5 +0.0
FJP First Trust Japan AlphaDEX Fund 1.0 80 -1 7.4 +1.9
ARKK ARK Innovation ETF 1.0 75 4 -2.8 -8.4
TTAI FCF International Quality ETF 1.0 59 20 6.9 +1.4
BRIF FIS Bright Portfolios Focused Equity ETF 0.9 65 14 3.2 -2.3
BINV Brandes International ETF 0.9 70 9 8.1 +2.6
IPAC iShares Core MSCI Pacific ETF 0.9 9 70 5.3 -0.2
IMTM iShares MSCI Intl Momentum Factor ETF 0.9 30 49 4.6 -0.9
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.9 14 65 5.1 -0.4
OBOR KraneShares MSCI One Belt One Road Index ETF 0.8 79 0 7.3 +1.8
OZEM Roundhill GLP-1 & Weight Loss ETF 0.8 59 20 5.4 -0.1
THNR Amplify Weight Loss Drug & Treatment ETF 0.8 59 20 5.8 +0.3
DEW WisdomTree Global High Dividend Fund 0.8 58 21 6.9 +1.4
GEW Cambria Global EW ETF 0.8 29 50 5.2 -0.3
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.8 8 71 6.3 +0.8
CZA Invesco Zacks Mid-Cap ETF 0.8 72 7 5.5 -0.0
ION ProShares S&P Global Core Battery Metals ETF 0.8 58 21 6.5 +1.0
TRFM AAM Transformers ETF 0.7 49 30 0.9 -4.6
CNYA iShares MSCI China A ETF 0.7 60 19 6.5 +1.0
FDLS Inspire Fidelis Multi Factor ETF 0.7 76 3 3.0 -2.5
DSTX Distillate International Fundamental Stability & Value ETF 0.7 55 24 6.3 +0.7
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.7 42 37 7.8 +2.3
IQSI IQ Candriam International Equity ETF 0.7 15 64 5.4 -0.1
FENI Fidelity Enhanced International ETF 0.7 28 51 5.6 +0.1
PID Invesco International Dividend Achievers ETF 0.6 53 26 4.0 -1.5
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.6 15 64 4.9 -0.7
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 0.6 65 14 4.7 -0.8
WGMI Valkyrie Bitcoin Miners ETF 0.6 75 4 -2.8 -8.4
SIXG Defiance Connective Technologies ETF 0.6 30 49 2.7 -2.8
ECOW Pacer Emerging Markets Cash Cows 100 ETF 0.6 70 9 9.2 +3.7
IBUY Amplify Online Retail ETF 0.6 65 14 2.1 -3.5
DGIN VanEck Digital India ETF 0.6 71 8 1.3 -4.2
INDY iShares India 50 ETF 0.6 89 -10 5.1 -0.4
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.6 47 32 5.0 -0.6
PIN Invesco India ETF 0.6 78 1 5.4 -0.2
NFTY First Trust India NIFTY 50 Equal Weight ETF 0.6 80 -1 4.8 -0.8
INDA iShares MSCI India ETF 0.6 65 14 4.4 -1.1
GLIN VanEck India Growth Leaders ETF 0.6 77 2 5.3 -0.2
NDIA Global X India Active ETF 0.6 75 4 4.9 -0.6
SMIN iShares MSCI India Small Cap ETF 0.5 79 0 3.2 -2.3
DRGN Themes China Generative Artificial Intelligence ETF 0.5 39 40 9.3 +3.8
DFIV Dimensional International Value ETF 0.5 27 52 7.5 +2.0
ESGD iShares ESG Aware MSCI EAFE ETF 0.5 20 59 5.6 +0.0
IPAV Global X Infrastructure Development ex-U.S. ETF 0.5 55 24 5.8 +0.3
TNUK Tortoise Nuclear Renaissance ETF 0.5 75 4 0.8 -4.7
AVIV Avantis International Large Cap Value ETF 0.5 25 54 6.7 +1.2
IVLU iShares MSCI Intl Value Factor ETF 0.5 30 49 7.8 +2.2
EFV iShares MSCI EAFE Value ETF 0.5 34 45 7.2 +1.7
SDEM Global X MSCI SuperDividend Emerging Markets ETF 0.5 67 12 12.2 +6.7
NANC Unusual Whales Subversive Democratic Trading ETF 0.5 75 4 2.8 -2.8
JHMD John Hancock Multifactor Developed International ETF 0.5 39 40 6.0 +0.5
SRVR Pacer Data & Infrastructure Real Estate ETF 0.5 55 24 4.1 -1.5
AVDE Avantis International Equity ETF 0.5 23 56 6.0 +0.5
EXI iShares Global Industrials ETF 0.4 42 37 3.4 -2.1
FNDC Schwab Fundamental International Small Co. Index ETF 0.4 39 40 6.6 +1.1
GSID Goldman Sachs MarketBeta International Equity ETF 0.4 20 59 5.6 +0.1
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.4 36 43 5.1 -0.5
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.4 24 55 6.8 +1.2
DIVI Franklin International Core Dividend Tilt Index ETF 0.4 9 70 6.4 +0.8
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.4 20 59 5.4 -0.2
BKIE BNY Mellon International Equity ETF 0.4 4 75 17.4 +11.9
AVSD Avantis Responsible International Equity ETF 0.4 23 56 5.7 +0.2
IDMO Invesco S&P International Developed Momentum ETF 0.4 25 54 5.0 -0.5
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.4 4 75 16.4 +10.9
EFA iShares MSCI EAFE ETF 0.4 35 44 5.5 0.0
HEFA iShares Currency Hedged MSCI EAFE ETF 0.4 35 44 5.5 +0.0
IVSI Applied Finance IVS International Large ETF 0.4 65 14 5.7 +0.2
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.3 35 44 5.4 -0.1
JAVA JPMorgan Active Value ETF 0.3 44 35 5.2 -0.4
FPXI First Trust International Equity Opportunities ETF 0.3 70 9 3.9 -1.6
IEFA iShares Core MSCI EAFE ETF 0.3 7 72 5.9 +0.3
JIRE JPMorgan International Research Enhanced Equity ETF 0.3 24 55 5.6 +0.0
IDEV iShares Core MSCI International Developed Markets ETF 0.3 4 75 5.8 +0.3
DFAI Dimensional International Core Equity Market ETF 0.3 18 61 5.9 +0.3
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.3 39 40 6.8 +1.3
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.3 40 39 5.5 0.0
DFIC Dimensional International Core Equity 2 ETF 0.3 23 56 6.1 +0.6
DWM WisdomTree International Equity Fund 0.3 48 31 5.4 -0.1
EFG iShares MSCI EAFE Growth ETF 0.2 36 43 3.7 -1.9
DMXF iShares ESG Advanced MSCI EAFE ETF 0.2 12 67 4.8 -0.8
CVY Invesco Zacks Multi-Asset Income ETF 0.2 106 -27 9.6 +4.0
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.2 20 59 5.5 -0.1
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.2 25 54 5.9 +0.4
SDG iShares MSCI Global Sustainable Development Goals ETF 0.2 49 30 4.5 -1.1
STXI Strive International Developed Markets ETF 0.2 29 50 6.3 +0.8
INTF iShares International Equity Factor ETF 0.2 15 64 6.3 +0.8
ESGG FlexShares STOXX Global ESG Select Index Fund 0.2 42 37 3.9 -1.6
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.2 49 30 5.9 +0.4
CLOU Global X Cloud Computing ETF 0.2 68 11 2.2 -3.4
DIM WisdomTree International MidCap Dividend Fund 0.2 58 21 6.2 +0.6
GLBL Pacer MSCI World Industry Advantage ETF 0.1 65 14 3.3 -2.3
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.1 30 49 5.9 +0.4
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.1 39 40 6.1 +0.6
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.1 12 67 5.1 -0.4
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.1 25 54 5.4 -0.1
URTH iShares MSCI World ETF 0.1 24 55 4.2 -1.3
DFSI Dimensional International Sustainability Core 1 ETF 0.1 24 55 5.5 -0.1
DXIV Dimensional International Vector Equity ETF 0.1 34 45 6.5 +0.9
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 49 5.0 -0.5
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.0 20 59 0.8 -4.8
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 68 4.0 -1.5
EBI Longview Advantage ETF 0.0 35 44 5.7 +0.2
TEKX SPDR Galaxy Transformative Tech Accelerators ETF 0.0 65 14 0.0 -5.5

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 Asia Innovators Active ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 22.2 %
Divided by: Fwd. P/BV 3.5 x
Less: Expense ratio 79 bp
Equals: ALTAR Score 5.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.39 CATEGORY
AVERAGE		 1.52
 
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.