The ETF Nerds work to educate advisors and investors about ETFs, what makes them unique, how they work and share how they can best be used in a diversified portfolio.
Artificial Intelligence is an area of computer science that focuses the creation of intelligent machines that work and react like humans. See our independently curated list of ETFs to play this theme here.
Blockchain technology allows for a recorded incorruptible decentralized digital ledger of all kinds of transactions to be distributed on a network. See our independently curated list of ETFs to play this theme here.
ESG Investing is the consideration of environmental, social and governance factors alongside financial factors in the investment decision–making process. See our independently curated list of ETFs to play this theme here.
Marijuana is often referred to as weed, MJ, herb, cannabis and other slang terms. It’s the green or gray dried flowers of Cannabis sativa. See our independently curated list of ETFs to play this theme here.
The Principal International Multi-Factor Core Index ETF (PDEV) tracks an index of large-cap companies in developed markets outside the U.S. Distinguishing it from other developed markets funds, PDEV also excludes Korea. The largest half is weighted by market capitalization, with a tilt toward those that earn the highest scores on factors like quality growth, shareholder yield and price momentum. The smaller half of the universe is then scored a currency-neutral multi-factor score, with the top 50% equal-weighted and the remainder excluded.
PDEV launched in July 2019 and is priced competitively. But it has been slow to gather assets, and trades at wider spreads than some of its multi-factor competitors. Investors can compare it to the Goldman Sachs ActiveBeta International Equity ETF (GSIE), Hartford Multifactor Developed Markets ex-U.S. ETF (RODM), the JPMorgan Diversified Return International Equity ETF (JPIN) or the iShares Edge MSCI Multi-factor International ETF (INTF).
There are plenty of other variations on international investing, like the Vident International Equity Fund (VIDI) or the highly-concentrated (and extremely expensive) First Trust Dorsey Wright International Focus 5 ETF. There’s the international factor FlexShares trio: FlexShares International Quality Dividend Index Fund (IQDF), FlexShares International Quality Dividend Dynamic Index Fund (IQDY), FlexShares International Quality Dividend Defensive Index Fund (IQDE).
The international equity space also includes ultra-low-cost plain-vanilla rivals like the iShares Core MSCI EAFE ETF (IEFA) and the Vanguard FTSE Developed Markets ETF (VEA). They lack fancy factors but offer similar exposure and great liquidity at a fraction of the price.
Historical Trading Data
1 Month Avg. Volume252,267
3 Month Avg. Volume94,819
Alternative ETFs in the Foreign Large Cap Equities Category
5 Day Net Flows:
0
1 Month Net Flows:
38.06 M
3 Month Net Flows:
38.06 M
6 Month Net Flows:
38.06 M
1 Year Net Flows:
38.07 M
3 Year Net Flows:
40.46 M
5 Year Net Flows:
40.46 M
10 Year Net Flows:
40.46 M
Realtime Rating
The adjacent table gives investors an individual Realtime Rating for PDEV on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Foreign Large Cap Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.
Copyright MSCI ESG Research LLC [2018]. All Rights Reserved. MSCI ESG Research LLC’s (“MSCI ESG”) Fund Metrics products (the “Information”) provide environmental, social and governance data with respect to underlying securities within more than 23,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted, to nor received approval from, the US SEC or any other regulatory body. None of the information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. All Information is provided solely for your internal use, and may not be reproduced or redisseminated in any form without express prior written permission from MSCI. Neither MSCI ESG nor any of its affiliates or any third party involved in or related to creating any Information makes any express or implied warranties, representations or guarantees, and in no event will MSCI ESG or any such affiliate or third party have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) relating to any Information. More information on MSCI ESG Fund Metrics, provided by MSCI ESG Research LLC, can be found at https://www.msci.com/esg-fund-metrics.
Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use, please see disclaimer.
Advertisement
Is Your Portfolio Positioned With Enough Global Exposure?
