The VanEck Morningstar International Moat ETF (MOTI) was launched on 07/13/2015, and is a smart beta exchange traded fund designed to offer broad exposure to the Foreign Large Value ETF category of the market.What Are Smart Beta ETFs?The ETF industry has traditionally been dominated by products based on market capitalization weighted indexes that are designed to represent the market or a particular segment of the market.Investors who believe in market efficiency should consider market cap indexes, as they r ...

Core Insights - The Hartford Multifactor Developed Markets (ex-US) ETF (RODM) debuted on February 25, 2015, and provides broad exposure to the Foreign Large Value ETF category [1] Fund Overview - RODM has accumulated over $1.22 billion in assets, making it one of the larger ETFs in the Foreign Large Value category [5] - The fund is managed by Hartfordfunds and aims to match the performance of the Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index [5] - The index seeks to reduce concentration risks related to country, currency, and individual companies in developed markets outside the US [5] Cost Structure - RODM has an annual operating expense ratio of 0.29%, making it one of the cheaper options in its category [6] - The fund offers a 12-month trailing dividend yield of 3.44% [6] Holdings and Sector Exposure - The top holding, Orange Common Stock Eur4.0 (ORA), constitutes approximately 1.12% of the fund's total assets, followed by Heidelberg Materials Ag Common Stock (HEI) and Fairfax Financial Hldgs Ltd Common Stock (FFH) [7] - The top 10 holdings account for about 10.1% of total assets under management [8] Performance Metrics - As of August 26, 2025, RODM has increased by approximately 26.23% and is up about 21.41% year-to-date [9] - The ETF has traded between $28.07 and $35.70 over the past 52 weeks [9] - RODM has a beta of 0.71 and a standard deviation of 13.47% over the trailing three-year period, indicating a medium risk profile [10] Alternatives and Market Position - RODM is positioned as a viable option for investors looking to outperform the Foreign Large Value ETF segment [11] - Other ETFs in the space include Vanguard International High Dividend Yield ETF (VYMI) with $11.87 billion in assets and Schwab Fundamental International Equity ETF (FNDF) with $17.37 billion [12] - VYMI has an expense ratio of 0.17%, while FNDF has an expense ratio of 0.25% [12]

Core Insights - The Invesco RAFI Developed Markets ex-U.S. ETF (PXF) is a smart beta ETF that provides broad exposure to the Foreign Large Value ETF category, launched on June 25, 2007 [1] Fund Overview - PXF is managed by Invesco and has accumulated over $2.16 billion in assets, making it one of the larger ETFs in its category [5] - The ETF aims to match the performance of the FTSE RAFI Developed ex-U.S. Index, which tracks large developed market equities based on fundamental measures such as book value, cash flow, sales, and dividends [5] Cost Structure - PXF has an annual operating expense ratio of 0.43%, which is competitive within its peer group [6] - The ETF offers a 12-month trailing dividend yield of 3.01% [6] Holdings and Sector Exposure - PXF's top holdings include Shell Plc (2.11% of total assets), Samsung Electronics Co Ltd, and Totalenergies Se [7] - The top 10 holdings account for approximately 11.29% of the total assets under management [8] Performance Metrics - The ETF has returned approximately 30.26% and is up about 24.57% year-to-date as of August 25, 2025 [9] - PXF has traded between $46.22 and $61.20 over the past 52 weeks [9] Risk Assessment - PXF has a beta of 0.82 and a standard deviation of 15.70% over the trailing three-year period, indicating a medium risk profile [10] - The fund holds about 1,147 securities, providing effective diversification against company-specific risks [10] Alternatives - Other ETFs in the Foreign Large Value segment include Vanguard International High Dividend Yield ETF (VYMI) and Schwab Fundamental International Equity ETF (FNDF), with assets of $12.01 billion and $17.59 billion respectively [12] - VYMI has a lower expense ratio of 0.17%, while FNDF charges 0.25% [12]

Group 1: Core Insights - The Schwab Fundamental International Equity ETF (FNDF) is a smart beta ETF that provides broad exposure to the Foreign Large Value ETF category, having debuted on 08/13/2013 [1] - FNDF is managed by Charles Schwab and has accumulated over $17.26 billion in assets, making it the largest ETF in its category [5] - The fund aims to replicate the performance of the Russell RAFI Developed ex US Large Co. Index (Net) before fees and expenses [5] Group 2: Cost and Performance - FNDF has an annual operating expense ratio of 0.25%, positioning it as one of the cheaper options in the ETF space [6] - The fund has a 12-month trailing dividend yield of 2.91% [6] - As of 08/22/2025, FNDF has increased by approximately 27.41% year-to-date and 18.74% over the past year, with a trading range between $32.25 and $42.27 in the last 52 weeks [9] Group 3: Holdings and Risk - FNDF's top holdings include Shell Plc (2.28% of total assets), Samsung Electronics Ltd, and Totalenergies (TTE), with the top 10 holdings accounting for about 11.8% of total assets [7][8] - The fund has a beta of 0.78 and a standard deviation of 15.58% over the trailing three-year period, indicating a medium risk profile [10] - FNDF consists of approximately 947 holdings, effectively diversifying company-specific risk [10] Group 4: Alternatives - Other ETFs in the Foreign Large Value segment include iShares International Select Dividend ETF (IDV) and Vanguard International High Dividend Yield ETF (VYMI), with assets of $5.79 billion and $11.85 billion respectively [12] - IDV has an expense ratio of 0.49%, while VYMI has a lower expense ratio of 0.17% [12]

Core Insights - The First Trust Dow Jones Global Select Dividend ETF (FGD) is a smart beta ETF launched on November 21, 2007, providing broad exposure to the Foreign Large Value ETF category [1] - The ETF aims to match the performance of the Dow Jones Global Select Dividend Index, which is a dividend yield weighted index of 100 stocks from developed markets [5] Fund Overview - FGD has accumulated assets of over $862.53 million, positioning it as an average-sized ETF within its category [5] - The fund's annual operating expenses are 0.56%, which is competitive with peer products [6] - The ETF has a trailing 12-month dividend yield of 4.64% [6] Performance Metrics - Year-to-date, FGD has increased by approximately 32.41%, and it has risen about 27.32% over the last 12 months as of August 21, 2025 [9] - The ETF has traded between $21.80 and $29.06 in the past 52 weeks [9] - FGD has a beta of 0.76 and a standard deviation of 14.83% over the trailing three-year period, indicating it is a low-risk investment [10] Holdings and Sector Exposure - The top 10 holdings of FGD account for about 16.52% of total assets, with Spark New Zealand Limited being the largest holding at approximately 1.97% [7][8] - The ETF holds around 105 different stocks, effectively diversifying company-specific risk [10] Alternatives - Other ETFs in the Foreign Large Value segment include the Vanguard International High Dividend Yield ETF (VYMI) and the Schwab Fundamental International Equity ETF (FNDF), which have significantly larger asset bases of $11.88 billion and $17.35 billion, respectively [12] - VYMI has a lower expense ratio of 0.17%, while FNDF charges 0.25% [12]

Core Insights - The JPMorgan Diversified Return International Equity ETF (JPIN) offers broad exposure to the Foreign Large Value ETF category and debuted on November 6, 2014 [1] - JPIN is managed by J.P. Morgan and aims to match the performance of the FTSE Developed ex North America Diversified Factor Index [5][6] - The ETF has a significant asset base of over $349.27 million, making it an average-sized ETF in its category [5] Fund Characteristics - JPIN utilizes a rules-based approach that combines risk-weighted portfolio construction with multi-factor security screening based on value, quality, and momentum factors [6] - The ETF has an annual operating expense ratio of 0.37%, which is competitive within its peer group [7] - JPIN's 12-month trailing dividend yield is 3.93% [7] Holdings and Performance - The top 10 holdings of JPIN account for approximately 4.55% of its total assets, with notable holdings including Hana Financial Group Inc, Woori Financial Group, and Sk Hynix Inc [8][9] - As of July 23, 2025, JPIN has increased by roughly 22.75% and is up about 17.6% year-to-date [10] - The ETF has a beta of 0.72 and a standard deviation of 14.50% over the trailing three-year period, indicating medium risk [11] Alternatives and Market Position - JPIN is positioned as a reasonable option for investors looking to outperform the Foreign Large Value ETF segment, but there are alternative ETFs available [12] - Notable alternatives include the Vanguard International High Dividend Yield ETF (VYMI) and the Schwab Fundamental International Equity ETF (FNDF), which have larger asset bases and lower expense ratios [13]

Core Insights - The Vident International Equity Strategy ETF (VIDI) is a smart beta ETF launched on October 29, 2013, designed to provide broad exposure to the Foreign Large Value ETF category [1] - VIDI has amassed assets over $366.37 million, making it an average-sized ETF in its category [5] - The fund's annual operating expenses are 0.61%, which is relatively high compared to other options in the market [7] Fund Management and Index - VIDI is managed by Vident Financial and seeks to match the performance of the Vident International Equity Index, which emphasizes risk management and growth potential across developed and emerging economies [5][6] - The index combines principles-based country and securities selection [6] Performance Metrics - VIDI has shown a year-to-date increase of approximately 22.72% and a one-year increase of about 24.74% as of July 22, 2025 [10] - The fund has a beta of 0.80 and a standard deviation of 15.76% over the trailing three-year period, indicating medium risk [11] Holdings and Sector Exposure - The top 10 holdings of VIDI account for approximately 7.25% of its total assets, with Cash & Other representing about 0.89% [8][9] - The fund effectively diversifies company-specific risk with around 258 holdings [11] Alternatives and Comparisons - VIDI may not be suitable for investors looking to outperform the Foreign Large Value ETF segment, with alternatives like Vanguard International High Dividend Yield ETF (VYMI) and Schwab Fundamental International Equity ETF (FNDF) being more favorable options [12][13] - VYMI has $11.01 billion in assets and an expense ratio of 0.17%, while FNDF has $16.54 billion in assets with a 0.25% expense ratio [13]

Core Viewpoint - The ALPS International Sector Dividend Dogs ETF (IDOG) is a smart beta ETF launched to provide broad exposure to the Foreign Large Value ETF category, with a focus on high-yield securities [1][5]. Fund Overview - IDOG was launched on June 28, 2013, and is designed to match the performance of the S-Network International Sector Dividend Dogs Index, which identifies five high-yield securities in each of the ten Global Industry Classification Standard sectors [1][5]. - The fund is sponsored by Alps and has accumulated over $355.3 million in assets, categorizing it as an average-sized ETF in its segment [5]. Cost Structure - IDOG has an annual operating expense ratio of 0.50%, which is competitive with most peer products in the Foreign Large Value ETF space [6]. - The fund's 12-month trailing dividend yield is reported at 4.19% [6]. Holdings and Sector Exposure - The fund's top holdings include Neste Oyj (2.41% of total assets), Singapore Telecommunications Ltd., and Enel Spa, with the top 10 holdings accounting for approximately 22.48% of total assets [7][8]. - IDOG offers diversified exposure, minimizing single stock risk, and discloses its holdings daily [7]. Performance Metrics - Year-to-date, IDOG has increased by approximately 20.86%, and it has risen about 15.87% over the last 12 months as of July 21, 2025 [9]. - The fund has traded between $28.25 and $34.63 in the past 52 weeks, with a beta of 0.71 and a standard deviation of 15.74% over the trailing three-year period, indicating a medium risk profile [9][10]. Alternatives - IDOG may not be suitable for investors seeking to outperform the Foreign Large Value ETF segment, with alternatives such as the Vanguard International High Dividend Yield ETF (VYMI) and Schwab Fundamental International Equity ETF (FNDF) available [11][12]. - VYMI has $10.93 billion in assets and an expense ratio of 0.17%, while FNDF has $16.39 billion in assets with a 0.25% expense ratio [12].

Core Insights - The S&P 500 has reached a new all-time high, but not all ETFs are performing similarly, with some down by 10% or more from recent peaks [1] - The Vanguard Real Estate ETF (VNQ) has underperformed compared to the S&P 500 over the past decade, with a total return of 73% versus 264% for the S&P 500 [3] - The Vanguard International High Dividend Yield ETF (VYMI) has reached a new high but is considered inexpensive compared to U.S. high dividend stocks [7][9] ETF Performance - The Vanguard Real Estate ETF is highly sensitive to interest rates, with higher rates increasing borrowing costs and negatively impacting commercial property values [5] - Experts predict a downward trend in interest rates over the next couple of years, which could benefit the Vanguard Real Estate ETF [6] - The Vanguard International High Dividend Yield ETF holds about 1,550 companies outside the U.S. with a 4.1% dividend yield, including well-known companies like Toyota and Nestle [8] Valuation and Growth - The average stock in the Vanguard International High Dividend Yield ETF's index has seen earnings growth of 13.7% annually over the past five years and trades at a low valuation of 12 times earnings [9] - In contrast, the U.S. counterpart Vanguard High Dividend Yield ETF (VYM) has an average P/E of over 19 and slower earnings growth [9] - Despite risks associated with international stocks, the significant valuation gap presents a potential buying opportunity [10] Investment Strategy - All three mentioned ETFs are viewed as attractive long-term investments, with expectations of strong performance over the coming years rather than short-term gains [11]