FlexShares Emerging Markets Quality Low Volatility Index Fund
ALTAR
Score™		 6.7% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 15.2x P/Sales
ratio		 1.7x
P/BV
ratio		 1.4x Div.
yield		 3.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The FlexShares Emerging Markets Quality Low Volatility Index ETF tracks a multi-factor selected index of large- and mid-cap equities from emerging markets.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Northern Trust
Website www.flexshares.com
Inception date Jul 15, 2019
Assets (mns) $15
Currency USD
Expense ratio 40 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 189
Wgt avg mkt cap (mns) $237,686
Large cap (>$10bn) 70.1%
Mid cap ($2-10bn) 29.6%
Small cap (<$2bn) 0.0%
Developed mkts 3.0%
Emerging mkts 96.7%

TOP TEN HOLDINGS
TAIWAN SEMICONDUCTOR MANUFAC 11.5 %
TENCENT HOLDINGS LTD 6.2 %
ALIBABA GROUP HOLDING LTD. SPONSOR 3.9 %
INTERNATIONAL HOLDINGS COMPANY PJS 2.2 %
SAMSUNG ELECTRONICS CO LTD 2.2 %
TATA CONSULTANCY SVS LTD 1.8 %
CHINA CONSTRUCTION BANK-H 1.7 %
RELIANCE INDS-SPONS GDR 144A 1.4 %
BANK OF CHINA LTD - H 1.3 %
SUN PHARMACEUTICAL INDUS 1.3 %
Total 33.4 %

TOP COUNTRY EXPOSURE
CHINA 23.0 %
INDIA 22.9 %
TAIWAN 20.2 %
SOUTH KOREA 5.8 %
MALAYSIA 5.2 %
UAE 5.1 %
BRAZIL 3.6 %
QATAR 3.3 %
KUWAIT 2.7 %
SAUDI ARABIA 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.
18.0% 14.2% 4.8% -- 4.5%

Market Correlations
versus... Beta R-squared
S&P500 0.47 51%
MSCI EAFE 0.60 60%
MSCI Emg. Mkts. 0.68 88%

Technical Indicators
Recent close $29.49
30d moving avg. $29.63
Annualized volatility 11.0%
Short interest (ETF) 0.1%
Relative strength (RSI) 53

Liquidity measures
Avg. volume (thou.) 0
Turnover 0.0%
Bid/Ask (% of price) 0.21%
ADV underlying (mns) $6,084

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 429 potential alternatives to the FlexShares Emerging Markets Quality Low Volatility Index Fund ETF based on the alternatives' overlap in portfolio holdings with QLVE. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: QLVE Expense: 40 bp ALTAR Score™: 6.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH QLVE
Ticker Fund
Name		 Overlap1
vs QLVE
(%)		 Expense
ratio
(bp)		 Savings
vs QLVE
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs QLVE
(%)
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 43.5 15 25 7.4 +0.8
FDEM Fidelity Emerging Markets Multifactor ETF 39.0 25 15 12.2 +5.5
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 38.6 15 25 9.5 +2.9
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 38.5 66 -26 9.0 +2.3
BKEM BNY Mellon Emerging Markets Equity ETF 37.9 11 29 9.2 +2.6
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 37.7 25 15 6.3 -0.4
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 37.7 45 -5 9.6 +2.9
FLAX Franklin FTSE Asia Ex Japan ETF 37.4 19 21 8.4 +1.8
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 37.1 36 4 9.1 +2.4
EEMA iShares MSCI Emerging Markets Asia ETF 35.3 49 -9 9.2 +2.5
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 34.9 20 20 27,699.8 +27,693.1
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 34.7 30 10 9.6 +2.9
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 33.9 30 10 8.4 +1.8
AAXJ iShares MSCI All Country Asia ex Japan ETF 33.7 70 -30 8.4 +1.7
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 33.5 33 7 9.4 +2.7
EEM iShares MSCI Emerging Markets ETF 33.5 69 -29 9.5 +2.8
JHEM John Hancock Multifactor Emerging Markets ETF 33.4 49 -9 9.4 +2.7
EMGF iShares Emerging Markets Equity Factor ETF 33.3 25 15 10.8 +4.1
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 32.2 24 16 7.3 +0.6
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 32.2 32 8 6.3 -0.3
ESGE iShares ESG Aware MSCI EM ETF 31.9 25 15 9.7 +3.1
SCHE Schwab Emerging Markets Equity ETF 31.7 11 29 10.6 +3.9
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 31.2 32 8 8.5 +1.8
EMMF WisdomTree Emerging Markets Multifactor Fund 30.3 48 -8 6.9 +0.3
VWO Vanguard FTSE Emerging Markets ETF 30.1 7 33 10.2 +3.5
ECON Columbia Emerging Markets Consumer ETF 29.9 49 -9 11.5 +4.8
DFAE Dimensional Emerging Core Equity Market ETF 29.5 35 5 8.6 +2.0
IEMG iShares Core MSCI Emerging Markets ETF 29.4 9 31 9.8 +3.1
MEM Matthews Emerging Markets Equity Active ETF 28.3 79 -39 7.3 +0.6
XCEM Columbia EM Core ex-China ETF 28.2 16 24 7.6 +1.0
SPEM SPDR Portfolio Emerging Markets ETF 28.1 7 33 10.4 +3.8
AIA iShares Asia 50 ETF 27.6 50 -10 12.6 +6.0
XC WisdomTree Emerging Markets Ex-China Fund 27.5 32 8 5.7 -1.0
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 27.4 95 -55 11.7 +5.1
NUEM Nuveen ESG Emerging Markets Equity ETF 27.3 36 4 7.2 +0.5
EMXC iShares MSCI Emerging Markets ex China ETF 27.0 25 15 6.9 +0.2
STXE Strive Emerging Markets Ex-China ETF 26.9 32 8 7.4 +0.8
DEHP Dimensional Emerging Markets High Profitability ETF 26.2 41 -1 6.4 -0.3
JADE JPMorgan Active Developing Markets Equity ETF 25.2 65 -25 7.7 +1.0
MINV Matthews Asia Innovators Active ETF 24.9 79 -39 7.0 +0.3
XCNY SPDR S&P Emerging Markets ex-China ETF 24.7 15 25 7.2 +0.5
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 24.3 59 -19 8.4 +1.8
PXH Invesco FTSE RAFI Emerging Markets ETF 23.9 49 -9 14.9 +8.2
RNEM First Trust Emerging Markets Equity Select ETF 22.9 75 -35 8.4 +1.7
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 22.7 88 -48 8.8 +2.1
DFEM Dimensional Emerging Markets Core Equity 2 ETF 22.6 38 2 8.6 +2.0
EMXF iShares ESG Advanced MSCI EM ETF 22.1 16 24 7.9 +1.2
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 21.9 44 -4 10.3 +3.6
BKF iShares MSCI BIC ETF 21.6 69 -29 13.1 +6.4
PATN Pacer Nasdaq International Patent Leaders ETF 21.6 65 -25 5.3 -1.3
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 21.5 41 -1 8.1 +1.5
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 21.4 39 1 15.5 +8.8
LDEM iShares ESG MSCI EM Leaders ETF 21.3 17 23 12.8 +6.2
GMF SPDR S&P Emerging Asia Pacific ETF 21.2 49 -9 9.4 +2.8
EMDM First Trust Bloomberg Emerging Market Democracies ETF 21.1 75 -35 10.0 +3.3
EELV Invesco S&P Emerging Markets Low Volatility ETF 20.7 29 11 8.8 +2.1
ROAM Hartford Multifactor Emerging Markets ETF 20.3 44 -4 11.2 +4.6
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 19.7 50 -10 10.2 +3.5
DEXC Dimensional Emerging Markets ex China Core EquityETF 19.3 53 -13 7.2 +0.5
AVEM Avantis Emerging Markets Equity ETF 18.8 33 7 8.1 +1.5
FLIN Franklin FTSE India ETF 18.7 19 21 3.9 -2.7
EWT iShares MSCI Taiwan ETF 18.6 58 -18 5.5 -1.2
FLTW Franklin FTSE Taiwan ETF 18.6 19 21 5.8 -0.9
EEMO Invesco S&P Emerging Markets Momentum ETF 18.1 29 11 7.5 +0.9
PIN Invesco India ETF 17.1 78 -38 4.6 -2.0
INDA iShares MSCI India ETF 16.9 65 -25 4.5 -2.2
EVLU iShares MSCI Emerging Markets Value Factor ETF 16.7 35 5 12.5 +5.8
AVSE Avantis Responsible Emerging Markets Equity ETF 15.6 33 7 7.8 +1.2
EMC Global X Emerging Markets Great Consumer ETF 15.4 75 -35 8.6 +2.0
KALL KraneShares MSCI All China Index ETF 14.9 49 -9 13.4 +6.7
FLCH Franklin FTSE China ETF 14.8 19 21 15.4 +8.8
MCHI iShares MSCI China ETF 14.7 59 -19 16.9 +10.2
FXI iShares China Large-Cap ETF 14.7 74 -34 16.9 +10.2
UEVM VictoryShares Emerging Markets Value Momentum ETF 14.7 45 -5 10.0 +3.4
EPI WisdomTree India Earnings Fund 14.4 85 -45 4.8 -1.8
GXC SPDR S & P China ETF 14.3 59 -19 15.9 +9.3
NFTY First Trust India NIFTY 50 Equal Weight ETF 13.8 80 -40 4.8 -1.8
GXUS Goldman Sachs MarketBeta Total International Equity ETF 13.3 18 22 7.3 +0.6
INDY iShares India 50 ETF 13.2 89 -49 5.0 -1.7
DEM WisdomTree Emerging Markets High Dividend Fund 12.9 63 -23 12.7 +6.0
DVYE iShares Emerging Markets Dividend ETF 12.9 49 -9 18.1 +11.5
JIG JPMorgan International Growth ETF 12.9 55 -15 4.7 -2.0
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 12.8 41 -1 7.1 +0.5
FTHF First Trust Emerging Markets Human Flourishing ETF 12.7 75 -35 9.1 +2.5
KNCT Invesco Next Gen Connectivity ETF 11.9 40 0 4.6 -2.1
CGRO CoreValues Alpha Greater China Growth ETF 11.8 75 -35 3.3 -3.3
ACWX iShares MSCI ACWI ex U.S. ETF 11.8 34 6 7.3 +0.6
EDIV SPDR S&P Emerging Markets Dividend ETF 11.1 49 -9 9.4 +2.7
VSGX Vanguard ESG International Stock ETF 11.1 10 30 7.5 +0.8
VEU Vanguard FTSE All-World ex-US Index Fund 10.9 4 36 7.6 +1.0
IQDF FlexShares International Quality Dividend Index Fund 10.5 47 -7 8.4 +1.7
JCHI JPMorgan Active China ETF 10.4 65 -25 14.4 +7.7
VXUS Vanguard Total International Stock ETF 10.3 5 35 7.6 +0.9
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 10.3 60 -20 10.7 +4.0
IXUS iShares Core MSCI Total International Stock ETF 10.2 7 33 7.5 +0.8
ACWV iShares MSCI Global Min Vol Factor ETF 9.9 20 20 5.7 -1.0
DFEV Dimensional Emerging Markets Value ETF 9.7 43 -3 11.7 +5.1
MCH Matthews China Active ETF 9.6 79 -39 14.0 +7.3
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 9.4 86 -46 14.3 +7.7
AIQ Global X Artificial Intelligence & Technology ETF 9.2 68 -28 3.5 -3.1
RODE Hartford Multifactor Diversified International ETF 9.2 29 11 10.3 +3.7
IQDY FlexShares International Quality Dividend Dynamic Index Fund 9.0 47 -7 7.7 +1.0
CGXU Capital Group International Focus Equity ETF 8.8 54 -14 5.3 -1.3
CXSE WisdomTree China ex-State-Owned Enterprises Fund 8.6 32 8 13.3 +6.7
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 8.6 42 -2 6.5 -0.1
INCO Columbia India Consumer ETF 8.3 75 -35 1.8 -4.9
KWEB KraneShares CSI China Internet ETF 8.0 69 -29 26.0 +19.4
AVXC Avantis Emerging Markets Ex-China Equity ETF 7.9 33 7 7.9 +1.3
FRDM Freedom 100 Emerging Markets ETF 7.8 49 -9 7.3 +0.7
FDNI First Trust Dow Jones International Internet ETF 7.8 65 -25 23.0 +16.4
FBOT Fidelity Disruptive Automation ETF 7.7 50 -10 3.3 -3.3
CQQQ Invesco China Technology ETF 7.7 70 -30 15.6 +8.9
IXN iShares Global Tech ETF 7.6 41 -1 3.5 -3.2
NXTG First Trust Indxx NextG ETF 7.5 70 -30 4.8 -1.8
LEGR First Trust Indxx Innovative Transaction & Process ETF 7.4 65 -25 7.9 +1.3
KTEC KraneShares Hang Seng TECH Index ETF 7.1 69 -29 20.1 +13.5
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 6.8 90 -50 5.1 -1.6
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 6.7 60 -20 7.9 +1.2
SDEM Global X MSCI SuperDividend Emerging Markets ETF 6.7 67 -27 14.6 +8.0
CHAT Roundhill Generative AI & Technology ETF 6.7 75 -35 7.7 +1.0
SCHY Schwab International Dividend Equity ETF 6.6 14 26 9.6 +2.9
FMET Fidelity Metaverse ETF 6.6 39 1 4.7 -2.0
SOCL Global X Social Media ETF 6.5 65 -25 10.8 +4.2
ESPO VanEck Video Gaming and eSports ETF 6.4 56 -16 5.3 -1.4
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 6.4 75 -35 3.5 -3.2
ODDS Pacer BlueStar Digital Entertainment ETF 6.4 60 -20 3.0 -3.6
IVES Wedbush ETFMG Global Cloud Technology ETF 6.4 68 -28 5.9 -0.7
WRND IQ Global Equity R&D Leaders ETF 6.2 18 22 7.5 +0.8
DFAX Dimensional World ex U.S. Core Equity 2 ETF 5.9 30 10 7.4 +0.8
CWI SPDR MSCI ACWI ex-US ETF 5.9 30 10 7.3 +0.7
VYMI Vanguard International High Dividend Yield ETF 5.7 17 23 9.0 +2.3
AIVC Amplify Bloomberg AI Value Chain ETF 5.7 59 -19 5.7 -1.0
MOTI VanEck Morningstar International Moat ETF 5.6 58 -18 10.5 +3.9
VIDI Vident International Equity Strategy ETF 5.5 61 -21 10.3 +3.7
TCHI iShares MSCI China Multisector Tech ETF 5.4 59 -19 18.1 +11.5
IVRS iShares Future Metaverse Tech and Communications ETF 5.4 47 -7 3.1 -3.6
EWY iShares MSCI South Korea ETF 5.3 58 -18 6.4 -0.2
FLKR Franklin FTSE South Korea ETF 5.3 9 31 7.0 +0.4
ADIV SmartETFs Asia Pacific Dividend Builder ETF 5.1 78 -38 9.0 +2.4
KLMT Invesco MSCI Global Climate 500 ETF 5.1 10 30 5.6 -1.1
EBIZ Global X E-Commerce ETF 4.9 50 -10 4.1 -2.6
FDCF Fidelity Disruptive Communications ETF 4.9 50 -10 3.9 -2.8
CLNR IQ Cleaner Transport ETF 4.8 45 -5 5.2 -1.5
JIVE JPMorgan International Value ETF 4.8 55 -15 10.7 +4.0
EWM iShares MSCI Malaysia ETF 4.7 50 -10 6.4 -0.3
AVES Avantis Emerging Markets Value ETF 4.7 36 4 10.5 +3.8
ONLN ProShares Online Retail ETF 4.7 58 -18 2.4 -4.2
XNTK State Street SPDR NYSE Technology ETF 4.7 35 5 3.5 -3.2
DWX SPDR S&P International Dividend ETF 4.7 45 -5 7.2 +0.5
MOTG VanEck Morningstar Global Wide Moat ETF 4.7 52 -12 8.8 +2.1
AGQI First Trust Active Global Quality Income ETF 4.6 85 -45 5.2 -1.5
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 4.6 80 -40 9.3 +2.6
GLIN VanEck India Growth Leaders ETF 4.6 77 -37 5.5 -1.1
IXP iShares Global Comm Services ETF 4.6 42 -2 5.6 -1.0
METV Roundhill Ball Metaverse ETF 4.5 59 -19 9.0 +2.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 4.5 20 20 5.3 -1.3
OGIG ALPS O'Shares Global Internet Giants ETF 4.4 48 -8 2.2 -4.5
BNGE First Trust S-Network Streaming and Gaming ETF 4.4 70 -30 2.6 -4.1
ACWI iShares MSCI ACWI ETF 4.3 32 8 5.3 -1.3
NDIA Global X India Active ETF 4.3 75 -35 5.3 -1.3
GSIB Themes Global Systemically Important Banks ETF 4.2 35 5 8.9 +2.3
PGJ Invesco Golden Dragon China ETF 4.2 70 -30 13.7 +7.0
ISHP First Trust Nasdaq Retail ETF 4.0 60 -20 5.6 -1.0
JSTC Adasina Social Justice All Cap Global ETF 4.0 89 -49 4.8 -1.9
DEW WisdomTree Global High Dividend Fund 3.9 58 -18 8.2 +1.5
VT Vanguard Total World Stock ETF 3.9 6 34 5.7 -1.0
DGIN VanEck Digital India ETF 3.8 71 -31 1.3 -5.3
EMM Global X Emerging Markets ex-China ETF 3.7 75 -35 6.8 +0.1
UMMA Wahed Dow Jones Islamic World ETF 3.7 65 -25 4.7 -1.9
RGEF Rockefeller Global Equity ETF 3.7 55 -15 4.6 -2.1
OAIM OneAscent International Equity ETF 3.7 95 -55 5.4 -1.3
ECOW Pacer Emerging Markets Cash Cows 100 ETF 3.5 70 -30 12.3 +5.6
IBLC iShares Blockchain and Tech ETF 3.5 47 -7 -1.5 -8.1
DGT State Street SPDR Global Dow ETF 3.5 50 -10 6.6 -0.1
DINT Davis Select International ETF 3.5 55 -15 7.7 +1.0
DWLD Davis Select Worldwide ETF 3.5 63 -23 7.1 +0.5
APIE ActivePassive International Equity ETF 3.3 45 -5 7.1 +0.4
BINV Brandes International ETF 3.3 70 -30 9.3 +2.6
QAT iShares MSCI Qatar ETF 3.3 59 -19 51.4 +44.7
EYLD Cambria Emerging Shareholder Yield ETF 3.2 66 -26 11.6 +4.9
GLOF iShares Global Equity Factor ETF 3.1 20 20 6.6 -0.1
FEOE First Eagle Overseas Equity ETF 3.1 79 -39 6.8 +0.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.1 12 28 4.9 -1.8
FDTX Fidelity Disruptive Technology ETF 3.0 50 -10 2.6 -4.1
TIME Clockwise Core Equity & Innovation ETF 3.0 95 -55 3.9 -2.7
ASEA Global X FTSE Southeast Asia ETF 2.9 65 -25 6.1 -0.6
IMFL Invesco International Developed Dynamic Multifactor ETF 2.9 34 6 5.8 -0.9
TIIV AAM Todd International Intrinsic Value ETF 2.8 54 -14 11.1 +4.5
FLN First Trust Latin America AlphaDEX Fund 2.8 80 -40 11.8 +5.2
PNQI Invesco NASDAQ Internet ETF 2.8 60 -20 3.6 -3.0
CARZ First Trust NASDAQ Global Auto Index Fund 2.8 70 -30 4.0 -2.7
EDOG ALPS Emerging Sector Dividend Dogs ETF 2.7 60 -20 10.8 +4.1
XT iShares Exponential Technologies ETF 2.7 46 -6 4.5 -2.2
FLBR Franklin FTSE Brazil ETF 2.7 19 21 14.6 +7.9
QTUM Defiance Quantum ETF 2.7 40 0 5.0 -1.7
GINN Goldman Sachs Innovate Equity ETF 2.7 52 -12 3.6 -3.1
VPL Vanguard FTSE Pacific ETF 2.7 7 33 6.3 -0.4
WTAI WisdomTree Artificial Intelligence and Innovation Fund 2.6 45 -5 2.5 -4.2
SDIV Global X Superdividend ETF 2.6 58 -18 16.7 +10.1
FNDF Schwab Fundamental International Large Co. Index ETF 2.5 25 15 8.9 +2.2
CHIQ Global X MSCI China Consumer Discretionary ETF 2.5 65 -25 12.6 +5.9
EWZ iShares MSCI Brazil ETF 2.5 58 -18 13.1 +6.4
ARVR First Trust Indxx Metaverse ETF 2.5 70 -30 3.9 -2.8
GVIP Goldman Sachs Hedge Industry VIP ETF 2.5 45 -5 3.2 -3.5
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 2.5 45 -5 8.3 +1.7
LOGO Alpha Brands Consumption Leaders ETF 2.4 69 -29 3.1 -3.6
ANEW ProShares MSCI Transformational Changes ETF 2.4 45 -5 5.3 -1.4
UAE iShares MSCI UAE ETF 2.4 59 -19 0.0 -6.7
FEM First Trust Emerging Markets AlphaDEX Fund 2.3 80 -40 11.4 +4.8
IOO iShares Global 100 ETF 2.3 41 -1 4.6 -2.1
FEGE First Eagle Global Equity ETF 2.3 79 -39 6.5 -0.2
FLLA Franklin FTSE Latin America ETF 2.3 19 21 12.8 +6.2
FDT First Trust Developed Markets ex-US AlphaDEX Fund 2.3 80 -40 8.4 +1.7
ICOW Pacer Developed Markets International Cash Cows 100 ETF 2.2 65 -25 10.6 +4.0
GKAT Scharf Global Opportunity ETF 2.2 57 -17 6.4 -0.3
IXG iShares Global Financials ETF 2.1 42 -2 6.5 -0.1
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 2.1 68 -28 6.4 -0.2
IGRO iShares International Dividend Growth ETF 2.0 15 25 6.9 +0.2
WWJD Inspire International ETF 2.0 80 -40 7.1 +0.5
ICPY Tweedy, Browne International Insider Value ETF 2.0 80 -40 11.4 +4.7
WUGI AXS Esoterica NextG Economy ETF 2.0 75 -35 2.3 -4.4
CGGO Capital Group Global Growth Equity ETF 2.0 47 -7 4.4 -2.3
INDF Nifty India Financials ETF 2.0 75 -35 6.6 -0.1
GEW Cambria Global EW ETF 1.9 29 11 5.9 -0.8
VIGI Vanguard International Dividend Appreciation ETF 1.9 10 30 6.3 -0.4
TTAI FCF International Quality ETF 1.9 59 -19 7.4 +0.7
FID First Trust S&P International Dividend Aristocrats ETF 1.9 60 -20 7.7 +1.0
WDIV SPDR S&P Global Dividend ETF 1.9 40 0 8.9 +2.3
IDX VanEck Indonesia Index ETF 1.9 57 -17 7.0 +0.4
FLSA Franklin FTSE Saudi Arabia ETF 1.8 39 1 0.0 -6.7
DARP Grizzle Growth ETF 1.8 75 -35 2.7 -3.9
JGLO JPMorgan Global Select Equity ETF 1.7 33 7 5.0 -1.7
HFXI IQ FTSE International Equity Currency Neutral ETF 1.7 20 20 6.6 -0.1
IBUY Amplify Online Retail ETF 1.7 65 -25 1.7 -5.0
SCHF Schwab International Equity ETF 1.7 6 34 6.8 +0.1
YNOT Horizon Digital Frontier ETF 1.7 75 -35 3.1 -3.6
KSA iShares MSCI Saudi Arabia ETF 1.6 74 -34 0.0 -6.7
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.6 46 -6 9.5 +2.8
BUYZ Franklin Disruptive Commerce ETF 1.6 50 -10 2.5 -4.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.6 9 31 5.5 -1.2
ARTY iShares Future AI & Tech ETF 1.6 47 -7 3.5 -3.1
UIVM VictoryShares International Value Momentum ETF 1.6 35 5 8.4 +1.8
EMIF iShares Emerging Markets Infrastructure ETF 1.6 60 -20 3.3 -3.4
VEA Vanguard FTSE Developed Markets ETF 1.5 3 37 6.8 +0.1
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.5 65 -25 1.9 -4.8
COPY Tweedy, Browne Insider + Value ETF 1.5 80 -40 11.6 +4.9
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 1.5 86 -46 0.5 -6.2
INQQ India Internet & Ecommerce ETF 1.5 86 -46 1.3 -5.4
BWEB Bitwise Web3 ETF 1.4 85 -45 -0.0 -6.7
FTAG First Trust Indxx Global Agriculture ETF 1.4 70 -30 8.4 +1.7
EIDO iShares MSCI Indonesia ETF 1.3 59 -19 7.7 +1.0
EPU iShares MSCI Peru and Global Exposure ETF 1.3 59 -19 6.0 -0.7
ILF iShares Latin America 40 ETF 1.3 48 -8 11.9 +5.3
KOCG FIS Knights of Columbus Global Belief ETF 1.2 75 -35 4.9 -1.7
GURU Global X Guru Index ETF 1.2 75 -35 2.7 -3.9
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.2 61 -21 2.0 -4.6
CGIE Capital Group International Equity ETF 1.2 54 -14 4.9 -1.8
DSTX Distillate International Fundamental Stability & Value ETF 1.2 55 -15 7.6 +0.9
ARKF ARK Fintech Innovation ETF 1.2 75 -35 0.2 -6.4
JPIN J.P. Morgan Diversified Return International Equity ETF 1.1 37 3 7.8 +1.1
IGF iShares Global Infrastructure ETF 1.1 41 -1 4.6 -2.0
CZA Invesco Zacks Mid-Cap ETF 1.1 72 -32 7.5 +0.8
GII SPDR S&P Global Infrastructure ETF 1.1 40 0 4.6 -2.0
BLES Inspire Global Hope ETF 1.1 61 -21 6.8 +0.1
GPT Intelligent Alpha Atlas ETF 1.1 69 -29 5.8 -0.9
ICLN iShares Global Clean Energy ETF 1.1 41 -1 3.1 -3.5
RXI iShares Global Consumer Discretionary ETF 1.1 41 -1 8.3 +1.6
OBOR KraneShares MSCI One Belt One Road Index ETF 1.0 79 -39 7.7 +1.1
CGDG Capital Group Dividend Growers ETF 1.0 47 -7 6.0 -0.7
IQRA IQ CBRE Real Assets ETF 1.0 65 -25 5.7 -0.9
GTEK Goldman Sachs Future Tech Leaders Equity ETF 1.0 75 -35 2.9 -3.7
SDG iShares MSCI Global Sustainable Development Goals ETF 0.9 49 -9 5.1 -1.5
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.9 24 16 7.1 +0.4
IDRV iShares Self-driving EV & Tech ETF 0.9 47 -7 3.2 -3.4
OSEA Harbor International Compounders ETF 0.9 55 -15 4.8 -1.8
ARKW ARK Next Generation Internet ETF 0.8 87 -47 0.8 -5.9
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.8 35 5 4.1 -2.6
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 0.8 58 -18 4.4 -2.2
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 0.8 57 -17 3.9 -2.8
QNXT iShares Nasdaq-100 ex Top 30 ETF 0.8 20 20 4.7 -2.0
CDIG City Different Investments Global Equity ETF 0.8 75 -35 0.6 -6.1
SFYF SoFi Social 50 ETF 0.8 29 11 1.0 -5.7
ARKK ARK Innovation ETF 0.8 75 -35 -2.6 -9.3
SAGP Strategas Global Policy Opportunities ETF 0.8 65 -25 5.5 -1.2
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.8 56 -16 10.6 +3.9
ROBO ROBO Global Robotics & Automation Index ETF 0.8 95 -55 3.0 -3.6
SHPP Pacer Industrials and Logistics ETF 0.8 60 -20 8.3 +1.6
MOO VanEck Agribusiness ETF 0.8 53 -13 10.6 +4.0
FCLD Fidelity Cloud Computing ETF 0.7 39 1 3.5 -3.2
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.7 20 20 3.0 -3.7
FPXI First Trust International Equity Opportunities ETF 0.7 70 -30 4.4 -2.3
RCGE RockCreek Global Equality ETF 0.7 95 -55 6.6 -0.1
EFRA iShares Environmental Infrastructure and Industrials ETF 0.7 47 -7 5.4 -1.3
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.7 58 -18 9.5 +2.8
AFK VanEck Africa Index ETF 0.7 98 -58 14.0 +7.4
KAT Scharf ETF 0.7 87 -47 5.3 -1.3
HELX Franklin Genomic Advancements ETF 0.6 50 -10 -0.4 -7.0
IGPT Invesco AI and Next Gen Software ETF 0.6 60 -20 4.3 -2.4
CHPX Global X AI Semiconductor & Quantum ETF 0.6 50 -10 3.3 -3.4
SNSR Global X Internet of Things ETF 0.6 68 -28 4.6 -2.0
EPHE iShares MSCI Philippines ETF 0.6 59 -19 0.0 -6.7
FCA First Trust China AlphaDEX Fund 0.6 80 -40 9.4 +2.8
GVAL Cambria Global Value ETF 0.5 68 -28 10.5 +3.8
OCEN IQ Clean Oceans ETF 0.5 45 -5 5.3 -1.3
JGRO JPMorgan Active Growth ETF 0.5 44 -4 3.5 -3.2
HART IQ Healthy Hearts ETF 0.5 45 -5 6.1 -0.6
FLHK Franklin FTSE Hong Kong ETF 0.5 9 31 4.3 -2.4
EWH iShares MSCI Hong Kong ETF 0.5 50 -10 5.1 -1.5
QQQ Invesco QQQ Trust Series I 0.5 20 20 4.1 -2.5
QQQM Invesco NASDAQ 100 ETF 0.5 15 25 4.2 -2.5
JHDV John Hancock U.S. High Dividend ETF 0.5 34 6 6.7 +0.1
CIL VictoryShares International Volatility Wtd ETF 0.5 45 -5 6.4 -0.3
CLOU Global X Cloud Computing ETF 0.4 68 -28 2.8 -3.9
QQWZ Pacer Cash COWZ 100-Nasdaq100 Rotator ETF 0.4 49 -9 3.6 -3.0
TRFM AAM Transformers ETF 0.4 49 -9 1.2 -5.4
TPIF Timothy Plan International ETF 0.4 62 -22 6.0 -0.7
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.4 47 -7 5.8 -0.9
DFNL Davis Select Financial ETF 0.4 63 -23 7.4 +0.7
ONEQ Fidelity Nasdaq Composite Index ETF 0.4 21 19 3.7 -3.0
INTF iShares International Equity Factor ETF 0.4 15 25 7.3 +0.6
RNRG Global X Renewable Energy Producers ETF 0.3 66 -26 5.3 -1.4
ERTH Invesco MSCI Sustainable Future ETF 0.3 62 -22 3.4 -3.3
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.3 12 28 8.2 +1.5
IPAV Global X Infrastructure Development ex-U.S. ETF 0.3 55 -15 6.5 -0.1
FBCG Fidelity Blue Chip Growth ETF 0.3 59 -19 2.8 -3.8
VEGI iShares MSCI Agriculture Producers ETF 0.3 39 1 9.1 +2.4
SPYA Twin Oak Endure ETF 0.3 80 -40 -0.5 -7.1
SPDW SPDR Portfolio Developed World ex-US ETF 0.3 3 37 6.6 -0.0
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.3 10 30 6.7 +0.0
KPOP KPOP and Korean Entertainment ETF 0.3 75 -35 1.4 -5.3
QQQJ Invesco NASDAQ Next Gen 100 ETF 0.3 15 25 4.5 -2.1
QQMG Invesco ESG NASDAQ 100 ETF 0.3 20 20 4.2 -2.5
PID Invesco International Dividend Achievers ETF 0.3 53 -13 5.1 -1.5
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.3 70 -30 7.5 +0.8
TMAT Main Thematic Innovation ETF 0.3 164 -124 -1.5 -8.2
VICE AdvisorShares Vice ETF 0.3 99 -59 6.7 +0.1
CVY Invesco Zacks Multi-Asset Income ETF 0.3 106 -66 11.7 +5.1
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 0.3 20 20 4.3 -2.4
HERO Global X Video Games & Esports ETF 0.3 50 -10 4.5 -2.2
NERD Roundhill Video Games ETF 0.3 50 -10 6.6 -0.0
GINX SGI Enhanced Global Income ETF 0.3 98 -58 7.9 +1.3
ABLG Abacus FCF International Leaders ETF 0.3 59 -19 6.5 -0.1
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.2 46 -6 5.7 -1.0
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.2 49 -9 6.8 +0.1
HAP VanEck Natural Resources ETF 0.2 50 -10 8.8 +2.1
JAVA JPMorgan Active Value ETF 0.2 44 -4 6.3 -0.3
TINY ProShares Nanotechnology ETF 0.2 58 -18 3.5 -3.2
FNDC Schwab Fundamental International Small Co. Index ETF 0.2 39 1 5.7 -1.0
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.1 12 28 5.7 -1.0
EPP iShares MSCI Pacific ex-Japan ETF 0.1 47 -7 5.2 -1.4
DMXF iShares ESG Advanced MSCI EAFE ETF 0.1 12 28 5.4 -1.3
EFG iShares MSCI EAFE Growth ETF 0.1 36 4 4.1 -2.6
PICK iShares MSCI Global Metals & Mining Producers ETF 0.1 39 1 10.6 +3.9
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.1 19 21 5.5 -1.2
EFA iShares MSCI EAFE ETF 0.1 35 5 6.4 -0.3
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.1 20 20 6.1 -0.6
IEFA iShares Core MSCI EAFE ETF 0.1 7 33 6.7 +0.0
IDEV iShares Core MSCI International Developed Markets ETF 0.1 4 36 6.7 -0.0
BKIE BNY Mellon International Equity ETF 0.1 4 36 6.6 -0.1
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.1 36 4 6.3 -0.4
GSID Goldman Sachs MarketBeta International Equity ETF 0.1 20 20 6.5 -0.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.1 39 1 7.5 +0.9
AVDE Avantis International Equity ETF 0.1 23 17 7.0 +0.4
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 31 5.1 -1.6
BBEU JPMorgan BetaBuilders Europe ETF 0.1 9 31 7.0 +0.3
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.1 46 -6 6.5 -0.1
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.1 45 -5 6.8 +0.1
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.1 40 0 7.0 +0.4
DOL WisdomTree International LargeCap Dividend Fund 0.1 48 -8 6.8 +0.1
DWM WisdomTree International Equity Fund 0.1 48 -8 6.9 +0.3
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.1 14 26 5.9 -0.8
ESGG FlexShares STOXX Global ESG Select Index Fund 0.1 42 -2 5.2 -1.4
EUDG WisdomTree Europe Quality Dividend Growth Fund 0.1 58 -18 6.6 -0.0
FDEV Fidelity International Multifactor ETF 0.1 18 22 7.4 +0.7
FLEE Franklin FTSE Europe ETF 0.1 9 31 7.0 +0.3
FPAG FPA Global Equity ETF 0.1 49 -9 5.6 -1.1
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.1 25 15 7.1 +0.4
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.1 25 15 6.9 +0.2
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.1 58 -18 6.8 +0.1
IQDG WisdomTree International Quality Dividend Growth Fund 0.1 42 -2 6.9 +0.2
JHMD John Hancock Multifactor Developed International ETF 0.1 39 1 7.1 +0.5
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.1 20 20 6.1 -0.6
NUDM Nuveen ESG International Developed Markets Equity ETF 0.1 31 9 5.9 -0.8
QINT American Century Quality Diversified International ETF 0.1 39 1 6.8 +0.1
JIRE JPMorgan International Research Enhanced Equity ETF 0.1 24 16 6.8 +0.2
DIVI Franklin International Core Dividend Tilt Index ETF 0.1 9 31 7.5 +0.9
FENI Fidelity Enhanced International ETF 0.1 28 12 6.2 -0.5
AVSD Avantis Responsible International Equity ETF 0.1 23 17 5.1 -1.5
IDMO Invesco S&P International Developed Momentum ETF 0.1 25 15 5.8 -0.9
OEFA ALPS O’Shares International Developed Quality Dividend ETF 0.1 48 -8 5.3 -1.3
DFAI Dimensional International Core Equity Market ETF 0.1 18 22 6.7 +0.1
FEP First Trust Europe AlphaDEX Fund 0.1 80 -40 7.9 +1.2
FEUZ First Trust Eurozone AlphaDEX ETF 0.1 80 -40 7.5 +0.8
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.1 35 5 6.2 -0.4
ESGD iShares ESG Aware MSCI EAFE ETF 0.1 20 20 6.3 -0.4
EWN iShares MSCI Netherlands ETF 0.1 50 -10 5.3 -1.3
EZU iShares MSCI Eurozone ETF 0.1 52 -12 6.4 -0.2
IEUR iShares Core MSCI Europe ETF 0.1 11 29 7.1 +0.4
IEV iShares Europe ETF 0.1 67 -27 6.6 -0.1
IMTM iShares MSCI Intl Momentum Factor ETF 0.1 30 10 5.2 -1.5
FEZ SPDR EURO STOXX 50 ETF 0.1 29 11 6.4 -0.3
SPEU SPDR Portfolio Europe ETF 0.1 7 33 7.1 +0.5
IMOM Alpha Architect International Quantitative Momentum ETF 0.1 49 -9 4.7 -2.0
CLOD Themes Cloud Computing ETF 0.1 35 5 3.4 -3.3
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 0.1 65 -25 4.6 -2.1
STXI Strive International Developed Markets ETF 0.1 29 11 6.3 -0.4
VGK Vanguard FTSE Europe ETF 0.1 6 34 7.2 +0.5
TOK iShares MSCI Kokusai ETF 0.1 26 14 4.9 -1.8
URTH iShares MSCI World ETF 0.1 24 16 4.9 -1.7
VYM Vanguard High Dividend Yield Index ETF 0.1 6 34 7.0 +0.3
DFIV Dimensional International Value ETF 0.1 27 13 8.9 +2.3
AVRE Avantis Real Estate ETF 0.1 17 23 7.4 +0.7
DFGR Dimensional Global Real Estate ETF 0.1 22 18 7.8 +1.1
REET iShares Global REIT ETF 0.1 14 26 7.7 +1.0
SMIN iShares MSCI India Small Cap ETF 0.1 79 -39 3.7 -3.0
GSFP Goldman Sachs Future Planet Equity ETF 0.1 75 -35 4.4 -2.3
PBD Invesco Global Clean Energy ETF 0.1 75 -35 0.8 -5.9
IBAT iShares Energy Storage & Materials ETF 0.1 47 -7 2.6 -4.1
ARKQ ARK Autonomous Technology & Robotics ETF 0.0 75 -35 1.2 -5.5
DRIV Global X Autonomous & Electric Vehicles ETF 0.0 68 -28 4.7 -2.0
HAIL State Street SPDR S&P Kensho Smart Mobility ETF 0.0 45 -5 1.6 -5.1
SIMS State Street SPDR S&P Kensho Intelligent Structures ETF 0.0 45 -5 5.2 -1.5
DRGN Themes China Generative Artificial Intelligence ETF 0.0 39 1 10.8 +4.1
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.0 30 10 6.7 +0.0
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 10 5.7 -0.9
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 31 4.7 -1.9
IPAC iShares Core MSCI Pacific ETF 0.0 9 31 6.0 -0.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 1 6.4 -0.3
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 1 6.7 +0.0

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:		 FlexShares Emerging Markets Quality Low Volatility Index Fund
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 9.5 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 40 bp
Equals: ALTAR Score 6.7 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.60 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.