PXH

PXH targets emerging-market equities but does it with a “fundamentals first” rulebook instead of traditional market-cap weighting.

It selects roughly 350 emerging-market stocks and weights them using company fundamentals like cash flow, dividends, sales, and book value, with a quarterly rebalance (Mar/Jun/Sep/Dec).

The goal is to capture broad EM exposure while systematically tilting toward companies that screen as more fundamentally “significant” versus simply “most expensive in the market.