Invesco Dorsey Wright Developed Markets Momentum ETF
ALTAR
Score™		 3.7% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 20.6x P/Sales
ratio		 2.6x
P/BV
ratio		 3.9x Div.
yield		 2.2%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Invesco DWA Developed Markets Technical Leaders Portfolio seeks investment results that correspond to the price and yield of the Dorsey Wright Developed Markets Technical Leaders Index.

FUND BASICS
Category International Equities
Fund Sponsor Invesco
Website www.invesco.com
Inception date Dec 28, 2007
Assets (mns) $742
Currency USD
Expense ratio 80 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Momentum
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 118
Wgt avg mkt cap (mns) $45,462
Large cap (>$10bn) 64.8%
Mid cap ($2-10bn) 34.7%
Small cap (<$2bn) 0.5%
Developed mkts 96.6%
Emerging mkts 3.4%

TOP TEN HOLDINGS
SK SQUARE CO., LTD. 4.6 %
ABB LTD. 3.2 %
FUJIKURA LTD 3.1 %
CONSTELLATION SOFTWARE INC 3.0 %
TOROMONT INDUSTRIES LTD 2.9 %
BOMBARDIER INC. CLASS B 2.7 %
FURUKAWA ELECTRIC CO LTD 2.6 %
SIEMENS ENERGY AG 2.3 %
FLUGHAFEN ZURICH AG 2.3 %
ROYAL BANK OF CANADA 2.2 %
Total 28.8 %

TOP COUNTRY EXPOSURE
JAPAN 16.9 %
SOUTH KOREA 15.6 %
CANADA 12.3 %
SWITZERLAND 7.2 %
ISRAEL 7.1 %
BRITAIN 6.4 %
ITALY 4.9 %
SPAIN 4.3 %
GERMANY 3.8 %
SWEDEN 3.3 %

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.
6.4% 15.0% 7.4% 9.8% 5.6%

Market Correlations
versus... Beta R-squared
S&P500 1.41 58%
MSCI EAFE 1.30 75%
MSCI Emg. Mkts. 0.84 75%

Technical Indicators
Recent close $53.57
30d moving avg. $53.55
Annualized volatility 15.1%
Short interest (ETF) 0.3%
Relative strength (RSI) 45

Liquidity measures
Avg. volume (thou.) 80
Turnover 0.6%
Bid/Ask (% of price) 0.63%
ADV underlying (mns) $7,536

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 472 potential alternatives to the Invesco Dorsey Wright Developed Markets Momentum ETF ETF based on the alternatives' overlap in portfolio holdings with PIZ. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: PIZ Expense: 80 bp ALTAR Score™: 3.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH PIZ
Ticker Fund
Name		 Overlap1
vs PIZ
(%)		 Expense
ratio
(bp)		 Savings
vs PIZ
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs PIZ
(%)
IDMO Invesco S&P International Developed Momentum ETF 19.1 25 55 5.0 +1.3
IMTM iShares MSCI Intl Momentum Factor ETF 17.6 30 50 4.6 +1.0
FDT First Trust Developed Markets ex-US AlphaDEX Fund 14.7 80 0 6.9 +3.2
FENI Fidelity Enhanced International ETF 14.3 28 52 5.6 +1.9
DWMF WisdomTree International Multifactor Fund 13.5 38 42 6.7 +3.1
INTF iShares International Equity Factor ETF 13.4 15 65 6.3 +2.6
GSIE Goldman Sachs ActiveBeta International Equity ETF 12.5 25 55 5.9 +2.3
HFXI IQ FTSE International Equity Currency Neutral ETF 12.5 20 60 5.5 +1.8
BKIE BNY Mellon International Equity ETF 11.9 4 76 17.4 +13.7
IDHQ Invesco S&P International Developed High Quality ETF 11.9 29 51 4.9 +1.2
UIVM VictoryShares International Value Momentum ETF 11.8 35 45 7.7 +4.1
QINT American Century Quality Diversified International ETF 11.8 39 41 6.4 +2.7
SCHF Schwab International Equity ETF 11.8 6 74 5.8 +2.1
STXI Strive International Developed Markets ETF 11.7 29 51 6.3 +2.7
GSID Goldman Sachs MarketBeta International Equity ETF 11.7 20 60 5.6 +2.0
FRGN Horizon International Equity ETF 11.6 75 5 7.7 +4.1
TPIF Timothy Plan International ETF 11.4 62 18 5.4 +1.8
SPDW SPDR Portfolio Developed World ex-US ETF 11.4 3 77 5.7 +2.0
VEA Vanguard FTSE Developed Markets ETF 11.3 3 77 5.8 +2.1
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 11.3 36 44 5.1 +1.4
FLKR Franklin FTSE South Korea ETF 11.2 9 71 4.3 +0.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 11.1 39 41 6.1 +2.5
ESGD iShares ESG Aware MSCI EAFE ETF 11.1 20 60 5.6 +1.9
EFA iShares MSCI EAFE ETF 11.1 35 45 5.5 +1.9
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 11.1 80 0 7.5 +3.8
HEFA iShares Currency Hedged MSCI EAFE ETF 11.0 35 45 5.5 +1.9
EFG iShares MSCI EAFE Growth ETF 11.0 36 44 3.7 +0.0
JHMD John Hancock Multifactor Developed International ETF 10.8 39 41 6.0 +2.3
FLEE Franklin FTSE Europe ETF 10.8 9 71 6.1 +2.4
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 10.7 20 60 5.4 +1.7
BBEU JPMorgan BetaBuilders Europe ETF 10.7 9 71 6.0 +2.4
CIL VictoryShares International Volatility Wtd ETF 10.7 45 35 5.9 +2.2
RODM Hartford Multifactor Developed Markets (ex-US) ETF 10.6 29 51 6.9 +3.2
DOL WisdomTree International LargeCap Dividend Fund 10.6 48 32 5.4 +1.8
IDEV iShares Core MSCI International Developed Markets ETF 10.5 4 76 5.8 +2.2
DBEU Xtrackers MSCI Europe Hedged Equity ETF 10.4 46 34 5.2 +1.5
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 10.3 25 55 6.1 +2.5
DWM WisdomTree International Equity Fund 10.3 48 32 5.4 +1.8
FDEV Fidelity International Multifactor ETF 10.2 18 62 7.0 +3.4
EWY iShares MSCI South Korea ETF 10.2 58 22 3.4 -0.2
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 10.2 40 40 5.5 +1.9
IEFA iShares Core MSCI EAFE ETF 10.1 7 73 5.9 +2.2
DFSI Dimensional International Sustainability Core 1 ETF 10.1 24 56 5.5 +1.8
EZU iShares MSCI Eurozone ETF 10.0 52 28 5.4 +1.7
CGIE Capital Group International Equity ETF 9.9 54 26 4.4 +0.8
HEZU iShares Currency Hedged MSCI Eurozone ETF 9.9 53 27 5.2 +1.6
CWI SPDR MSCI ACWI ex-US ETF 9.9 30 50 6.3 +2.6
IQLT iShares MSCI Intl Quality Factor ETF 9.9 30 50 5.3 +1.6
AVIV Avantis International Large Cap Value ETF 9.9 25 55 6.7 +3.1
CEFA Global X S&P Catholic Values Developed ex-US ETF 9.8 35 45 5.4 +1.8
AVDE Avantis International Equity ETF 9.7 23 57 6.0 +2.4
JHID John Hancock International High Dividend ETF 9.7 46 34 7.6 +4.0
IEV iShares Europe ETF 9.7 67 13 5.7 +2.0
IQSI IQ Candriam International Equity ETF 9.6 15 65 5.4 +1.8
NUDM Nuveen ESG International Developed Markets Equity ETF 9.6 31 49 5.2 +1.6
GXUS Goldman Sachs MarketBeta Total International Equity ETF 9.6 18 62 6.2 +2.5
ACWX iShares MSCI ACWI ex U.S. ETF 9.5 34 46 6.2 +2.6
DFAI Dimensional International Core Equity Market ETF 9.5 18 62 5.9 +2.2
JIG JPMorgan International Growth ETF 9.5 55 25 3.6 -0.1
EUFN iShares MSCI Europe Financials ETF 9.5 51 29 6.3 +2.7
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 9.4 45 35 5.3 +1.6
VGK Vanguard FTSE Europe ETF 9.4 6 74 6.3 +2.7
IEUR iShares Core MSCI Europe ETF 9.3 11 69 6.2 +2.5
SPEU SPDR Portfolio Europe ETF 9.2 7 73 6.3 +2.6
VEU Vanguard FTSE All-World ex-US Index Fund 9.2 4 76 6.5 +2.9
EEMO Invesco S&P Emerging Markets Momentum ETF 9.1 29 51 6.8 +3.1
IQDG WisdomTree International Quality Dividend Growth Fund 9.1 42 38 5.5 +1.9
IMFL Invesco International Developed Dynamic Multifactor ETF 9.1 34 46 5.1 +1.4
AVSD Avantis Responsible International Equity ETF 9.0 23 57 5.7 +2.1
QEFA SPDR MSCI EAFE StrategicFactors ETF 9.0 30 50 5.9 +2.2
EXI iShares Global Industrials ETF 9.0 42 38 3.4 -0.2
VPL Vanguard FTSE Pacific ETF 8.9 7 73 5.1 +1.5
DIHP Dimensional International High Profitability ETF 8.9 29 51 5.6 +2.0
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 8.8 58 22 5.1 +1.5
JIRE JPMorgan International Research Enhanced Equity ETF 8.8 24 56 5.6 +1.9
FICS First Trust International Developed Capital Strength ETF 8.7 70 10 6.4 +2.8
IXUS iShares Core MSCI Total International Stock ETF 8.7 7 73 6.4 +2.8
DFIC Dimensional International Core Equity 2 ETF 8.7 23 57 6.1 +2.4
VXUS Vanguard Total International Stock ETF 8.7 5 75 6.5 +2.8
FEP First Trust Europe AlphaDEX Fund 8.6 80 0 6.7 +3.0
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 8.5 41 39 5.8 +2.2
DMXF iShares ESG Advanced MSCI EAFE ETF 8.4 12 68 4.8 +1.1
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 8.3 32 48 5.2 +1.5
DIM WisdomTree International MidCap Dividend Fund 8.2 58 22 6.2 +2.5
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 8.1 45 35 6.6 +2.9
PIEL Pacer International Export Leaders ETF 8.0 60 20 4.0 +0.3
EFV iShares MSCI EAFE Value ETF 7.9 34 46 7.2 +3.6
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 7.8 39 41 6.8 +3.1
FNDF Schwab Fundamental International Large Co. Index ETF 7.8 25 55 7.2 +3.5
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 7.8 12 68 5.1 +1.5
EUDG WisdomTree Europe Quality Dividend Growth Fund 7.7 58 22 6.2 +2.5
IXG iShares Global Financials ETF 7.5 42 38 5.7 +2.1
VYMI Vanguard International High Dividend Yield ETF 7.5 17 63 7.7 +4.0
NUEM Nuveen ESG Emerging Markets Equity ETF 7.4 36 44 5.9 +2.3
FLJP Franklin FTSE Japan ETF 7.4 9 71 5.2 +1.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 7.3 30 50 6.3 +2.6
DBJP Xtrackers MSCI Japan Hedged Equity ETF 7.3 47 33 4.6 +0.9
FLJH Franklin FTSE Japan Hedged ETF 7.3 9 71 5.0 +1.4
VSGX Vanguard ESG International Stock ETF 7.3 10 70 6.4 +2.8
EFAV iShares MSCI EAFE Min Vol Factor ETF 7.3 22 58 5.6 +1.9
JPXN iShares JPX-Nikkei 400 ETF 7.2 48 32 5.2 +1.5
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 7.2 25 55 5.3 +1.6
IPAC iShares Core MSCI Pacific ETF 7.2 9 71 5.3 +1.7
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 7.2 20 60 5.5 +1.8
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 7.1 14 66 5.1 +1.5
FEUZ First Trust Eurozone AlphaDEX ETF 7.1 80 0 6.5 +2.8
EWJ iShares MSCI Japan ETF 7.0 50 30 4.7 +1.1
HEWJ iShares Currency Hedged MSCI Japan ETF 6.9 50 30 5.3 +1.6
IQDF FlexShares International Quality Dividend Index Fund 6.8 47 33 7.3 +3.6
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 6.8 24 56 6.8 +3.1
EIS iShares MSCI Israel ETF 6.7 58 22 6.7 +3.0
IMOM Alpha Architect International Quantitative Momentum ETF 6.7 49 31 4.5 +0.8
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 6.7 58 22 9.1 +5.5
DIVI Franklin International Core Dividend Tilt Index ETF 6.7 9 71 6.4 +2.7
MEM Matthews Emerging Markets Equity Active ETF 6.6 79 1 8.4 +4.7
FJP First Trust Japan AlphaDEX Fund 6.5 80 0 7.4 +3.7
IPKW Invesco International BuyBack Achievers ETF 6.4 55 25 7.7 +4.1
JPIN J.P. Morgan Diversified Return International Equity ETF 6.4 37 43 6.9 +3.3
ISRA VanEck Israel ETF 6.4 59 21 5.8 +2.2
UMMA Wahed Dow Jones Islamic World ETF 6.4 65 15 3.5 -0.1
FEZ SPDR EURO STOXX 50 ETF 6.4 29 51 5.5 +1.8
IQDY FlexShares International Quality Dividend Dynamic Index Fund 6.3 47 33 7.0 +3.3
GTEK Goldman Sachs Future Tech Leaders Equity ETF 6.1 75 5 1.8 -1.9
DTH WisdomTree International High Dividend Fund 6.1 58 22 7.0 +3.4
IVLU iShares MSCI Intl Value Factor ETF 6.0 30 50 7.8 +4.1
BBJP JPMorgan BetaBuilders Japan ETF 6.0 19 61 5.2 +1.5
POW VistaShares Electrification Supercycle ETF 6.0 75 5 2.2 -1.4
HEDJ WisdomTree Europe Hedged Equity Fund 6.0 58 22 5.8 +2.1
IPAV Global X Infrastructure Development ex-U.S. ETF 5.9 55 25 5.8 +2.2
GLOF iShares Global Equity Factor ETF 5.9 20 60 5.4 +1.8
IGRO iShares International Dividend Growth ETF 5.8 15 65 6.5 +2.8
IDLV Invesco S&P International Developed Low Volatility ETF 5.7 25 55 6.2 +2.5
FPXI First Trust International Equity Opportunities ETF 5.6 70 10 3.9 +0.2
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 5.6 80 0 5.2 +1.6
RFDI First Trust Riverfront Dynamic Developed International ETF 5.5 83 -3 7.3 +3.6
WTAI WisdomTree Artificial Intelligence and Innovation Fund 5.5 45 35 1.9 -1.8
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 5.5 9 71 7.5 +3.8
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 5.4 42 38 4.0 +0.3
FPXE First Trust IPOX Europe Equity Opportunities ETF 5.4 70 10 4.0 +0.3
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 5.3 65 15 4.1 +0.4
NATO Themes Transatlantic Defense ETF 5.2 35 45 1.7 -1.9
EWC iShares MSCI Canada ETF 5.2 50 30 5.0 +1.3
DXJ WisdomTree Japan Hedged Equity Fund 5.2 48 32 5.2 +1.5
FLCA Franklin FTSE Canada ETF 5.2 9 71 5.4 +1.7
DXIV Dimensional International Vector Equity ETF 5.2 34 46 6.5 +2.8
RAYJ Rayliant SMDAM Japan Equity ETF 5.1 72 8 3.1 -0.5
VIGI Vanguard International Dividend Appreciation ETF 5.1 10 70 5.8 +2.2
IVSI Applied Finance IVS International Large ETF 5.1 65 15 5.7 +2.0
DEW WisdomTree Global High Dividend Fund 5.0 58 22 6.9 +3.3
CLNR IQ Cleaner Transport ETF 5.0 45 35 4.0 +0.3
DFIV Dimensional International Value ETF 4.9 27 53 7.5 +3.8
RW Rainwater Equity ETF 4.9 125 -45 3.0 -0.7
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 4.9 24 56 5.2 +1.5
EWI iShares MSCI Italy ETF 4.9 50 30 10.4 +6.7
BBCA JPMorgan BetaBuilders Canada ETF 4.8 19 61 5.3 +1.6
NUKZ Range Nuclear Renaissance Index ETF 4.8 85 -5 1.4 -2.2
WRND IQ Global Equity R&D Leaders ETF 4.8 18 62 3.9 +0.3
FLSW Franklin FTSE Switzerland ETF 4.7 9 71 5.6 +1.9
LDEM iShares ESG MSCI EM Leaders ETF 4.6 17 63 12.5 +8.9
ICOW Pacer Developed Markets International Cash Cows 100 ETF 4.6 65 15 7.8 +4.2
WLDR Affinity World Leaders Equity ETF 4.6 67 13 5.5 +1.8
FIVA Fidelity International Value Factor ETF 4.5 18 62 7.0 +3.3
EMM Global X Emerging Markets ex-China ETF 4.5 75 5 4.7 +1.1
AIA iShares Asia 50 ETF 4.5 50 30 7.6 +3.9
IBAT iShares Energy Storage & Materials ETF 4.4 47 33 1.7 -2.0
LVHI Franklin International Low Volatility High Dividend Index ET 4.4 40 40 7.3 +3.6
AAXJ iShares MSCI All Country Asia ex Japan ETF 4.4 70 10 6.9 +3.2
EWP iShares MSCI Spain ETF 4.3 50 30 5.5 +1.9
CGXU Capital Group International Focus Equity ETF 4.3 54 26 3.7 +0.1
OCEN IQ Clean Oceans ETF 4.3 45 35 4.6 +1.0
FLAX Franklin FTSE Asia Ex Japan ETF 4.3 19 61 7.1 +3.5
EMXF iShares ESG Advanced MSCI EM ETF 4.2 16 64 6.6 +2.9
GEW Cambria Global EW ETF 4.2 29 51 5.2 +1.6
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 4.2 25 55 5.4 +1.8
EUDV ProShares MSCI Europe Dividend Growers ETF 4.2 55 25 5.6 +2.0
XCEM Columbia EM Core ex-China ETF 4.1 16 64 5.0 +1.3
DGT State Street SPDR Global Dow ETF 4.1 50 30 5.5 +1.8
AIVI WisdomTree International AI Enhanced Value Fund 4.1 58 22 5.9 +2.2
FIDI Fidelity International High Dividend ETF 4.1 18 62 6.9 +3.3
VIDI Vident International Equity Strategy ETF 4.1 61 19 8.2 +4.5
EFAD ProShares MSCI EAFE Dividend Growers ETF 4.0 50 30 5.5 +1.8
FKU First Trust United Kingdom AlphaDEX Fund 4.0 80 0 6.9 +3.2
ECON Columbia Emerging Markets Consumer ETF 3.9 49 31 6.6 +2.9
WWJD Inspire International ETF 3.8 80 0 6.1 +2.5
HUMN Roundhill Humanoid Robotics ETF 3.8 75 5 1.3 -2.4
KLMT Invesco MSCI Global Climate 500 ETF 3.8 10 70 4.8 +1.1
FLGB Franklin FTSE United Kingdom ETF 3.7 9 71 6.5 +2.9
ACWI iShares MSCI ACWI ETF 3.7 32 48 4.5 +0.9
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 3.6 50 30 8.2 +4.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 3.6 49 31 5.9 +2.3
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 3.6 60 20 3.2 -0.5
DSTX Distillate International Fundamental Stability & Value ETF 3.6 55 25 6.3 +2.6
OEFA ALPS O’Shares International Developed Quality Dividend ETF 3.6 48 32 4.7 +1.1
EMC Global X Emerging Markets Great Consumer ETF 3.5 75 5 7.1 +3.4
VT Vanguard Total World Stock ETF 3.5 6 74 4.9 +1.2
PATN Pacer Nasdaq International Patent Leaders ETF 3.4 65 15 4.0 +0.4
SHLD Global X Defense Tech ETF 3.4 50 30 2.9 -0.7
TTAI FCF International Quality ETF 3.4 59 21 6.9 +3.3
IEUS iShares MSCI Europe Small-Cap ETF 3.4 42 38 6.6 +2.9
INEQ Columbia International Equity Income ETF 3.4 45 35 7.5 +3.9
FLGR Franklin FTSE Germany ETF 3.4 9 71 6.4 +2.8
DAX Global X DAX Germany ETF 3.4 21 59 6.0 +2.3
LEGR First Trust Indxx Innovative Transaction & Process ETF 3.3 65 15 7.1 +3.4
EWD iShares MSCI Sweden ETF 3.3 54 26 4.9 +1.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 3.3 9 71 4.7 +1.1
EWG iShares MSCI Germany ETF 3.3 50 30 5.8 +2.1
EEMA iShares MSCI Emerging Markets Asia ETF 3.3 49 31 7.5 +3.8
EWU iShares MSCI United Kingdom ETF 3.3 50 30 7.0 +3.4
URTH iShares MSCI World ETF 3.3 24 56 4.2 +0.5
DIVS SmartETFs Dividend Builder ETF 3.2 65 15 4.2 +0.5
EMXC iShares MSCI Emerging Markets ex China ETF 3.2 25 55 5.1 +1.4
QWLD SPDR MSCI World StrategicFactors ETF 3.2 30 50 5.0 +1.3
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 3.2 32 48 7.5 +3.8
XT iShares Exponential Technologies ETF 3.2 46 34 3.9 +0.2
AVDV Avantis International Small Cap Value ETF 3.2 36 44 7.7 +4.1
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 3.2 33 47 6.7 +3.0
FAN First Trust Global Wind Energy ETF 3.1 60 20 3.0 -0.7
VCLN Virtus Duff & Phelps Clean Energy ETF 3.1 59 21 2.6 -1.0
IDV iShares International Select Dividend ETF 3.1 51 29 9.0 +5.3
ESGG FlexShares STOXX Global ESG Select Index Fund 3.1 42 38 3.9 +0.3
FGM First Trust Germany AlphaDEX Fund 3.0 80 0 4.9 +1.3
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 3.0 25 55 6.0 +2.4
AKRE Akre Focus ETF 3.0 106 -26 4.1 +0.4
STXE Strive Emerging Markets Ex-China ETF 3.0 32 48 5.2 +1.6
CRBN iShares MSCI ACWI Low Carbon Target ETF 3.0 20 60 4.6 +1.0
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 2.9 30 50 7.9 +4.2
CGDG Capital Group Dividend Growers ETF 2.9 47 33 5.0 +1.4
KOKU Xtrackers MSCI Kokusai Equity ETF 2.9 9 71 4.3 +0.6
EWS iShares MSCI Singapore ETF 2.9 50 30 3.7 +0.0
BKEM BNY Mellon Emerging Markets Equity ETF 2.9 11 69 24.0 +20.4
ESGE iShares ESG Aware MSCI EM ETF 2.9 25 55 8.2 +4.6
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 2.9 66 14 7.3 +3.7
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 2.9 36 44 7.5 +3.9
EMGF iShares Emerging Markets Equity Factor ETF 2.8 25 55 8.9 +5.2
FSZ First Trust Switzerland AlphaDEX Fund 2.8 80 0 5.1 +1.4
ACWV iShares MSCI Global Min Vol Factor ETF 2.8 20 60 5.6 +1.9
URA Global X Uranium ETF 2.8 69 11 1.0 -2.7
EPP iShares MSCI Pacific ex-Japan ETF 2.8 47 33 4.7 +1.1
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 2.8 69 11 7.6 +3.9
EEM iShares MSCI Emerging Markets ETF 2.8 69 11 7.8 +4.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 2.8 12 68 4.3 +0.7
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 2.8 15 65 8.0 +4.3
TOK iShares MSCI Kokusai ETF 2.7 26 54 4.2 +0.5
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 2.7 58 22 3.5 -0.2
CHAT Roundhill Generative AI & Technology ETF 2.7 75 5 4.1 +0.5
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 2.7 32 48 4.7 +1.1
ISCF iShares International SmallCap Equity Factor ETF 2.7 23 57 7.1 +3.5
SCZ iShares MSCI EAFE Small-Cap ETF 2.7 40 40 6.0 +2.4
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 2.7 15 65 8.8 +5.1
GLBL Pacer MSCI World Industry Advantage ETF 2.6 65 15 3.3 -0.4
IEMG iShares Core MSCI Emerging Markets ETF 2.6 9 71 8.2 +4.5
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 2.6 45 35 8.0 +4.3
KNO AXS Knowledge Leaders ETF 2.6 78 2 3.8 +0.2
MINV Matthews Asia Innovators Active ETF 2.6 79 1 5.5 +1.9
GII SPDR S&P Global Infrastructure ETF 2.6 40 40 4.3 +0.6
IGF iShares Global Infrastructure ETF 2.5 41 39 4.3 +0.6
FYLD Cambria Foreign Shareholder Yield ETF 2.5 59 21 9.9 +6.3
CGGO Capital Group Global Growth Equity ETF 2.5 47 33 3.9 +0.3
JHEM John Hancock Multifactor Emerging Markets ETF 2.5 49 31 7.5 +3.8
IQM Franklin Intelligent Machines ETF 2.5 50 30 1.2 -2.5
DFIS Dimensional International Small Cap ETF 2.5 39 41 6.0 +2.4
RCGE RockCreek Global Equality ETF 2.5 95 -15 5.7 +2.0
FNDC Schwab Fundamental International Small Co. Index ETF 2.4 39 41 6.6 +3.0
DTAN Sparkline International Intangible Value ETF 2.4 55 25 6.9 +3.3
AVSE Avantis Responsible Emerging Markets Equity ETF 2.4 33 47 6.6 +3.0
ROAM Hartford Multifactor Emerging Markets ETF 2.4 44 36 7.5 +3.9
LOUP Innovator Deepwater Frontier Tech ETF 2.3 70 10 0.9 -2.8
NETZ TCW Transform Systems ETF 2.3 75 5 1.4 -2.2
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 2.3 30 50 7.5 +3.8
EMDM First Trust Bloomberg Emerging Market Democracies ETF 2.3 75 5 6.3 +2.7
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 2.3 41 39 6.9 +3.2
EMMF WisdomTree Emerging Markets Multifactor Fund 2.3 48 32 8.6 +4.9
MOTG VanEck Morningstar Global Wide Moat ETF 2.3 52 28 7.5 +3.8
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 2.3 59 21 8.5 +4.9
NXTG First Trust Indxx NextG ETF 2.3 70 10 3.5 -0.2
JETS U.S. Global Jets ETF 2.3 60 20 2.1 -1.6
WUGI AXS Esoterica NextG Economy ETF 2.3 75 5 1.5 -2.2
FTHF First Trust Emerging Markets Human Flourishing ETF 2.3 75 5 5.8 +2.1
FRDM Freedom 100 Emerging Markets ETF 2.3 49 31 5.4 +1.7
DFAE Dimensional Emerging Core Equity Market ETF 2.2 35 45 7.0 +3.3
JGLO JPMorgan Global Select Equity ETF 2.2 33 47 4.1 +0.5
ARTY iShares Future AI & Tech ETF 2.2 47 33 2.4 -1.3
AIVC Amplify Bloomberg AI Value Chain ETF 2.2 59 21 3.4 -0.2
DEXC Dimensional Emerging Markets ex China Core EquityETF 2.2 53 27 5.1 +1.5
DFEM Dimensional Emerging Markets Core Equity 2 ETF 2.2 38 42 7.0 +3.4
BATT Amplify Lithium & Battery Technology ETF 2.2 59 21 2.0 -1.6
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 2.2 49 31 7.6 +3.9
GSIB Themes Global Systemically Important Banks ETF 2.2 35 45 7.5 +3.8
SRVR Pacer Data & Infrastructure Real Estate ETF 2.2 55 25 4.1 +0.4
AVEM Avantis Emerging Markets Equity ETF 2.2 33 47 7.0 +3.4
AVDS Avantis International Small Cap Equity ETF 2.1 30 50 5.9 +2.3
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 2.1 88 -8 8.4 +4.7
AVXC Avantis Emerging Markets Ex-China Equity ETF 2.1 33 47 6.1 +2.4
PIO Invesco Global Water ETF 2.1 75 5 4.3 +0.6
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 2.1 19 61 5.1 +1.4
ASEA Global X FTSE Southeast Asia ETF 2.1 65 15 5.1 +1.4
DRNZ REX Drone ETF 2.0 65 15 -1.8 -5.4
PID Invesco International Dividend Achievers ETF 2.0 53 27 4.0 +0.4
ION ProShares S&P Global Core Battery Metals ETF 2.0 58 22 6.5 +2.8
CRTC Xtrackers US National Critical Technologies ETF 2.0 35 45 4.0 +0.4
EIRL iShares MSCI Ireland ETF 2.0 50 30 6.9 +3.3
DEHP Dimensional Emerging Markets High Profitability ETF 1.9 41 39 4.8 +1.2
RGEF Rockefeller Global Equity ETF 1.9 55 25 3.7 +0.0
JADE JPMorgan Active Developing Markets Equity ETF 1.9 65 15 5.9 +2.3
BLES Inspire Global Hope ETF 1.9 61 19 5.5 +1.9
EWUS iShares MSCI United Kingdom Small Cap ETF 1.8 59 21 6.9 +3.3
AIS VistaShares Artificial Intelligence Supercycle ETF 1.8 75 5 1.0 -2.7
FDEM Fidelity Emerging Markets Multifactor ETF 1.8 25 55 10.4 +6.7
GVAL Cambria Global Value ETF 1.8 68 12 8.3 +4.7
FDD First Trust Stoxx European Select Dividend Index Fund 1.8 58 22 9.3 +5.6
IXN iShares Global Tech ETF 1.8 41 39 2.6 -1.1
SAGP Strategas Global Policy Opportunities ETF 1.8 65 15 4.6 +0.9
PICK iShares MSCI Global Metals & Mining Producers ETF 1.7 39 41 8.1 +4.4
SCJ iShares MSCI Japan Small-Cap ETF 1.7 50 30 5.4 +1.8
PBD Invesco Global Clean Energy ETF 1.7 75 5 0.3 -3.3
SCHY Schwab International Dividend Equity ETF 1.7 14 66 8.1 +4.5
DFEV Dimensional Emerging Markets Value ETF 1.7 43 37 9.4 +5.7
CZAR Themes Natural Monopoly ETF 1.7 35 45 5.2 +1.6
FID First Trust S&P International Dividend Aristocrats ETF 1.7 60 20 7.5 +3.9
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.6 56 24 9.3 +5.7
MJSC MUFG Japan Small Cap Active ETF 1.6 85 -5 4.5 +0.8
DVYA iShares Asia/Pacific Dividend ETF 1.6 49 31 6.7 +3.1
GINN Goldman Sachs Innovate Equity ETF 1.5 52 28 3.6 -0.1
ABLG Abacus FCF International Leaders ETF 1.5 59 21 6.5 +2.9
SCHC Schwab International Small-Cap Equity ETF 1.5 11 69 6.6 +2.9
ROBO ROBO Global Robotics & Automation Index ETF 1.5 95 -15 2.3 -1.4
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.5 65 15 1.3 -2.4
AIQ Global X Artificial Intelligence & Technology ETF 1.5 68 12 2.7 -0.9
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 1.5 8 72 6.3 +2.7
JSTC Adasina Social Justice All Cap Global ETF 1.5 89 -9 4.2 +0.5
BULD Pacer BlueStar Engineering the Future ETF 1.5 60 20 0.2 -3.4
ABLD Abacus FCF Real Assets Leaders ETF 1.5 69 11 6.6 +2.9
EDEN iShares MSCI Denmark ETF 1.5 53 27 6.3 +2.6
EFNL iShares MSCI Finland ETF 1.4 56 24 5.8 +2.1
CGGR Capital Group Growth ETF 1.4 39 41 2.6 -1.1
LIT Global X Lithium & Battery Tech ETF 1.4 75 5 5.6 +1.9
ILIT iShares Lithium Miners and Producers ETF 1.4 47 33 4.2 +0.6
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.4 72 8 2.5 -1.2
LIMI Themes Lithium & Battery Metal Miners ETF 1.4 35 45 3.6 -0.1
IGPT Invesco AI and Next Gen Software ETF 1.4 60 20 2.4 -1.3
WDIV SPDR S&P Global Dividend ETF 1.4 40 40 8.8 +5.1
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 1.3 79 1 3.7 +0.1
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 1.3 58 22 5.6 +1.9
TCAI Tortoise AI Infrastructure ETF 1.3 65 15 1.3 -2.3
FFOG Franklin Focused Growth ETF 1.3 61 19 1.6 -2.1
EYLD Cambria Emerging Shareholder Yield ETF 1.3 66 14 9.0 +5.3
FEOE First Eagle Overseas Equity ETF 1.3 79 1 5.9 +2.2
KOCG FIS Knights of Columbus Global Belief ETF 1.3 75 5 4.5 +0.9
IQRA IQ CBRE Real Assets ETF 1.2 65 15 5.7 +2.1
MXI iShares Global Materials ETF 1.2 41 39 6.0 +2.3
SDG iShares MSCI Global Sustainable Development Goals ETF 1.2 49 31 4.5 +0.8
EWN iShares MSCI Netherlands ETF 1.2 50 30 4.4 +0.7
FLAU Franklin FTSE Australia ETF 1.2 9 71 5.6 +1.9
AQLT iShares MSCI Global Quality Factor ETF 1.2 18 62 0.0 -3.7
DISV Dimensional International Small Cap Value ETF 1.2 42 38 7.9 +4.2
IBOT Vaneck Robotics ETF 1.2 47 33 3.1 -0.6
FDTX Fidelity Disruptive Technology ETF 1.2 50 30 1.6 -2.1
KNCT Invesco Next Gen Connectivity ETF 1.1 40 40 2.9 -0.7
OGIG ALPS O'Shares Global Internet Giants ETF 1.1 48 32 2.4 -1.3
EWL iShares MSCI Switzerland ETF 1.1 50 30 5.4 +1.8
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 1.1 46 34 5.2 +1.5
KXI iShares Global Consumer Staples ETF 1.1 41 39 5.3 +1.6
IOO iShares Global 100 ETF 1.1 41 39 3.7 +0.1
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 1.1 40 40 6.2 +2.5
CHPX Global X AI Semiconductor & Quantum ETF 1.1 50 30 1.6 -2.0
OBOR KraneShares MSCI One Belt One Road Index ETF 1.1 79 1 7.3 +3.7
BAI iShares AI Innovation and Tech Active ETF 1.1 55 25 1.0 -2.7
OAIM OneAscent International Equity ETF 1.1 95 -15 4.5 +0.8
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 1.1 60 20 8.7 +5.0
DTCR Global X Data Center & Digital Infrastructure ETF 1.1 50 30 3.4 -0.2
CGV Conductor Global Equity Value ETF 1.0 130 -50 7.7 +4.1
FEGE First Eagle Global Equity ETF 1.0 79 1 5.8 +2.2
CARZ First Trust NASDAQ Global Auto Index Fund 1.0 70 10 2.4 -1.3
JEDI Defiance Drone and Modern Warfare ETF 1.0 69 11 1.2 -2.4
DWX SPDR S&P International Dividend ETF 1.0 45 35 6.6 +2.9
WSML iShares MSCI World Small-Cap ETF 1.0 15 65 5.2 +1.5
AGIX KraneShares Artificial Intelligence and Technology ETF 1.0 99 -19 1.1 -2.6
JXI iShares Global Utilities ETF 0.9 43 37 5.2 +1.6
CRAK VanEck Oil Refiners ETF 0.9 61 19 8.2 +4.5
AZTD Aztlan Global Stock Selection DM SMID ETF 0.9 75 5 4.0 +0.4
EWJV iShares MSCI Japan Value ETF 0.9 15 65 6.7 +3.0
EFRA iShares Environmental Infrastructure and Industrials ETF 0.8 47 33 4.9 +1.2
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.8 47 33 5.0 +1.3
EFAS Global X MSCI SuperDividend EAFE ETF 0.8 57 23 6.9 +3.3
KBWR Invesco KBW Regional Banking ETF 0.8 35 45 8.4 +4.7
EWO iShares MSCI Austria ETF 0.7 50 30 6.9 +3.3
QQLV Invesco QQQ Low Volatility ETF 0.7 25 55 4.1 +0.5
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.7 35 45 3.3 -0.3
TOLL Tema Durable Quality ETF 0.7 75 5 3.8 +0.1
SETM Sprott Energy Transition Materials ETF 0.7 65 15 1.9 -1.8
DRIV Global X Autonomous & Electric Vehicles ETF 0.7 68 12 3.3 -0.3
LITP Sprott Lithium Miners ETF 0.7 65 15 1.3 -2.4
REMX VanEck Rare Earth/Strategic Metals ETF 0.7 54 26 3.4 -0.2
IDRV iShares Self-driving EV & Tech ETF 0.7 47 33 1.5 -2.2
GMET VanEck Green Metals ETF 0.7 63 17 1.2 -2.5
RXI iShares Global Consumer Discretionary ETF 0.7 41 39 8.0 +4.4
HAP VanEck Natural Resources ETF 0.7 50 30 6.7 +3.1
TRFK Pacer Data and Digital Revolution ETF 0.7 60 20 1.8 -1.8
CCNR ALPS CoreCommodity Natural Resources ETF 0.7 39 41 8.3 +4.7
GINX SGI Enhanced Global Income ETF 0.7 98 -18 6.3 +2.7
SLX VanEck Steel ETF 0.7 56 24 10.0 +6.3
EWA iShares MSCI Australia ETF 0.6 50 30 5.1 +1.4
KLMN Invesco MSCI North America Climate ETF 0.6 9 71 4.2 +0.5
ARB AltShares Merger Arbitrage ETF 0.6 77 3 2.7 -1.0
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.6 70 10 6.6 +2.9
GCOW Pacer Global Cash Cows Dividend ETF 0.6 60 20 9.1 +5.5
FFLC Fidelity Fundamental Large Cap Core ETF 0.6 38 42 3.7 +0.1
FDFF Fidelity Disruptive Finance ETF 0.6 50 30 5.0 +1.4
ADIV SmartETFs Asia Pacific Dividend Builder ETF 0.6 78 2 9.2 +5.6
DFNL Davis Select Financial ETF 0.6 63 17 6.8 +3.2
BLOK Amplify Transformational Data Sharing ETF 0.6 75 5 -0.1 -3.8
BITQ Bitwise Crypto Industry Innovators ETF 0.6 85 -5 -2.3 -5.9
TNUK Tortoise Nuclear Renaissance ETF 0.6 75 5 0.8 -2.8
EWK iShares MSCI Belgium ETF 0.6 50 30 3.8 +0.2
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 0.6 95 -15 9.7 +6.0
UFO Procure Space ETF 0.5 75 5 0.0 -3.6
SMOG VanEck Low Carbon Energy ETF 0.5 61 19 1.3 -2.4
AVES Avantis Emerging Markets Value ETF 0.5 36 44 9.0 +5.3
RING iShares MSCI Global Gold Miners ETF 0.5 39 41 4.0 +0.3
FTRI First Trust Indxx Global Natural Resources Income ETF 0.5 70 10 6.8 +3.1
GDXJ VanEck Junior Gold Miners ETF 0.5 52 28 3.3 -0.3
SLVP iShares MSCI Global Silver Miners ETF 0.5 39 41 4.6 +0.9
AUAU Global X Gold Miners ETF 0.5 35 45 2.9 -0.7
SGDM Sprott Gold Miners ETF 0.5 50 30 3.3 -0.4
GOEX Global X Gold Explorers ETF 0.5 65 15 2.5 -1.2
AUMI Themes Gold Miners ETF 0.5 35 45 3.7 +0.0
GDX VanEck Gold Miners ETF 0.5 51 29 3.3 -0.3
NORW Global X MSCI Norway ETF 0.5 50 30 8.2 +4.5
DWLD Davis Select Worldwide ETF 0.5 63 17 6.5 +2.8
DINT Davis Select International ETF 0.5 55 25 5.8 +2.1
ENOR iShares MSCI Norway ETF 0.5 53 27 8.0 +4.3
BOTZ Global X Robotics & Artificial Intelligence ETF 0.5 69 11 1.9 -1.7
BOTT Themes Robotics & Automation ETF 0.5 35 45 -4.6 -8.3
QQQJ Invesco NASDAQ Next Gen 100 ETF 0.5 15 65 3.7 +0.1
MOTI VanEck Morningstar International Moat ETF 0.5 58 22 9.6 +5.9
ARKX ARK Space Exploration & Innovation ETF 0.5 75 5 0.0 -3.6
AGQI First Trust Active Global Quality Income ETF 0.5 85 -5 6.1 +2.5
TMAT Main Thematic Innovation ETF 0.5 164 -84 -1.9 -5.6
PPA Invesco Aerospace & Defense ETF 0.5 58 22 1.7 -2.0
ARKQ ARK Autonomous Technology & Robotics ETF 0.5 75 5 1.0 -2.7
AADR AdvisorShares Dorsey Wright ADR ETF 0.5 110 -30 3.1 -0.5
IZRL ARK Israel Innovative Technology ETF 0.5 49 31 1.3 -2.3
ITEQ BlueStar Israel Technology ETF 0.5 75 5 1.1 -2.6
XDAT Franklin Exponential Data ETF 0.4 50 30 1.1 -2.6
ICPY Tweedy, Browne International Insider Value ETF 0.4 80 0 20.1 +16.5
COPY Tweedy, Browne Insider + Value ETF 0.4 80 0 14.0 +10.3
IXC iShares Global Energy ETF 0.4 44 36 7.4 +3.7
TRFM AAM Transformers ETF 0.3 49 31 0.9 -2.7
RVRB Reverb ETF 0.3 30 50 3.6 -0.0
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 0.3 44 36 9.3 +5.6
GXC SPDR S & P China ETF 0.3 59 21 18.7 +15.0
ANEW ProShares MSCI Transformational Changes ETF 0.3 45 35 4.2 +0.6
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.2 80 0 9.2 +5.6
QQQ Invesco QQQ Trust Series I 0.2 20 60 3.2 -0.5
FLCH Franklin FTSE China ETF 0.2 19 61 17.8 +14.2
QQQM Invesco NASDAQ 100 ETF 0.2 15 65 3.2 -0.4
QQMG Invesco ESG NASDAQ 100 ETF 0.2 20 60 3.1 -0.5
ONEQ Fidelity Nasdaq Composite Index ETF 0.2 21 59 2.9 -0.8
NANR SPDR S&P North American Natural Resources ETF 0.2 35 45 6.4 +2.8
GMF SPDR S&P Emerging Asia Pacific ETF 0.1 49 31 8.5 +4.9
DLS WisdomTree International SmallCap Dividend Fund 0.1 58 22 7.3 +3.7
SCHE Schwab Emerging Markets Equity ETF 0.1 11 69 9.3 +5.6
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.1 42 38 7.8 +4.2
VWO Vanguard FTSE Emerging Markets ETF 0.1 7 73 9.0 +5.4
SPEM SPDR Portfolio Emerging Markets ETF 0.0 7 73 9.4 +5.7
DEM WisdomTree Emerging Markets High Dividend Fund 0.0 63 17 10.2 +6.5
GOAU U.S. Global GO GOLD and Precious Metal Miners ETF 0.0 60 20 2.5 -1.2
PXH Invesco FTSE RAFI Emerging Markets ETF 0.0 49 31 13.1 +9.4
COPA Themes Copper Miners ETF 0.0 35 45 3.0 -0.7
BCDF Horizon Kinetics Blockchain Development ETF 0.0 85 -5 3.7 +0.1
TEKX SPDR Galaxy Transformative Tech Accelerators ETF 0.0 65 15 0.0 -3.7
GWX SPDR S&P International Small Cap ETF 0.0 40 40 5.9 +2.2

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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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:		 Invesco Dorsey Wright Developed Markets Momentum ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 16.2 %
Divided by: Fwd. P/BV 3.6 x
Less: Expense ratio 80 bp
Equals: ALTAR Score 3.7 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.62 CATEGORY
AVERAGE		 1.64
 
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.