Related: ETF Liquidity is Sparking – Here’s Why…

IDEV holds about 1,270 stocks. The ETF allocates almost 21 percent of its weight to financials services names while the industrial and consumer discretionary sectors combine for over 27 percent of the fund’s weight.

“The combination of extensive coverage and an ultralow expense ratio should make this fund competitive with other comprehensive, foreign developed-market funds like Vanguard FTSE Developed Markets ETF and iShares Core MSCI EAFE ETF, which currently both carry Analyst Ratings of Silver,” according to Morningstar.

For more information on the ETF market, visit our ETF performance reports category.