ProShares S&P Global Core Battery Metals ETF
ALTAR
Score™		 10.6% info Recommen-
dation		 SPECULATIVE
2024E    2025E
P/E
ratio		 11.2x P/Sales
ratio		 0.9x
P/BV
ratio		 1.1x Div.
yield		 2.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
ION tracks an index of companies from around the world that are engaged in the mining of base metals used to produce batteries.

FUND BASICS
Category Global Equities
Fund Sponsor ProShares
Website www.proshares.com/our-etfs/strategic/ion
Inception date Nov 29, 2022
Assets (mns) $2
Currency USD
Expense ratio 58 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 43
Wgt avg mkt cap (mns) $11,288
Large cap (>$10bn) 32.1%
Mid cap ($2-10bn) 47.8%
Small cap (<$2bn) 19.0%
Developed mkts 61.0%
Emerging mkts 39.0%

TOP TEN HOLDINGS
ARCADIUM LITHIUM PLC 7.1 %
PILBARA MINERALS LIMITED 4.5 %
INDEPENDENCE GROUP NL 4.1 %
MINERAL RESOURCES LTD 4.0 %
PACIFIC METALS CO LTD 4.0 %
ALBEMARLE CORP 3.9 %
QUIMICA Y MINERA CHIL-SP ADR 3.8 %
ZANGGE MINING COMPANY LIMITED CLAS 3.8 %
LUNDIN MINING CORP 3.7 %
AMG ADVANCED METALLURGICAL 3.5 %
Total 42.3 %

TOP COUNTRY EXPOSURE
CHINA 22.8 %
AUSTRALIA 17.1 %
JAPAN 11.4 %
CANADA 10.2 %
INDONESIA 4.7 %
UNITED STATES 3.9 %
CHILE 3.8 %
NETHERLANDS 3.5 %
FRANCE 3.3 %
HONG KONG 2.9 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-7.1% -18.7% -- -- -18.3%

Market Correlations
versus... Beta R-squared
S&P500 1.24 41%
MSCI EAFE 1.28 55%
MSCI Emg. Mkts. 1.35 64%

Technical Indicators
Recent close $32.33
30d moving avg. $29.41
Annualized volatility 25.5%
Short interest (ETF) 0.0%
Relative strength (RSI) 57

Liquidity measures
Avg. volume (thou.) 0
Turnover 0.0%
Bid/Ask (% of price) 0.60%
ADV underlying (mns) $2,704

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 465 potential alternatives to the ProShares S&P Global Core Battery Metals ETF ETF based on the alternatives' overlap in portfolio holdings with ION. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: ION Expense: 58 bp ALTAR Score™: 10.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH ION
Ticker Fund
Name		 Overlap1
vs ION
(%)		 Expense
ratio
(bp)		 Savings
vs ION
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs ION
(%)
DMAT Global X Disruptive Materials ETF 23.9 59 -1 9.3 -1.3
LITP Sprott Lithium Miners ETF 23.1 65 -7 10.9 +0.3
LIT Global X Lithium & Battery Tech ETF 22.6 75 -17 9.3 -1.3
SETM Sprott Energy Transition Materials ETF 22.4 65 -7 4.9 -5.7
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 22.0 85 -27 7.7 -2.9
REMX VanEck Rare Earth/Strategic Metals ETF 21.6 54 4 10.9 +0.3
BATT Amplify Lithium & Battery Technology ETF 19.3 59 -1 2.7 -7.9
GMET VanEck Green Metals ETF 19.0 63 -5 9.4 -1.2
PICK iShares MSCI Global Metals & Mining Producers ETF 11.2 39 19 10.7 +0.1
COPX Global X Copper Miners ETF 11.0 65 -7 6.7 -3.9
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 9.9 72 -14 2.0 -8.6
EV Mast Global Battery Recycling & Production ETF 9.5 65 -7 12.8 +2.2
BNE Blue Horizon BNE ETF 9.2 87 -29 4.7 -5.9
WBAT WisdomTree Battery Value Chain and Innovation Fund 8.3 45 13 4.6 -6.0
NIKL Sprott Nickel Miners ETF 8.0 75 -17 7.2 -3.4
AFK VanEck Africa Index ETF 7.8 98 -40 9.4 -1.2
MXI iShares Global Materials ETF 7.6 41 17 6.5 -4.1
GNR SPDR S&P Global Natural Resources ETF 7.2 40 18 9.1 -1.5
JHID John Hancock International High Dividend ETF 6.7 46 12 11.1 +0.5
DRIV Global X Autonomous & Electric Vehicles ETF 6.5 68 -10 3.1 -7.5
IDRV iShares Self-driving EV & Tech ETF 6.1 47 11 -0.5 -11.1
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 6.0 46 12 8.7 -1.9
ZSB USCF Sustainable Battery Metals Strategy Fund 6.0 61 -3 14.8 +4.2
HAP VanEck Natural Resources ETF 5.2 50 8 9.4 -1.2
FDRV Fidelity Electric Vehicles and Future Transportation ETF 5.1 39 19 -3.3 -13.9
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 5.0 58 0 -0.3 -10.9
FIDI Fidelity International High Dividend ETF 4.7 18 40 9.9 -0.7
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 4.7 9 49 9.5 -1.1
FRDM Freedom 100 Emerging Markets ETF 4.4 49 9 6.9 -3.7
ACES ALPS Clean Energy ETF 3.9 55 3 -4.6 -15.2
FXZ First Trust Materials AlphaDEX Fund 3.9 61 -3 9.9 -0.7
ICOW Pacer Developed Markets International Cash Cows 100 ETF 3.9 65 -7 12.6 +2.0
DMDV AAM S&P Developed Markets High Dividend Value ETF 3.8 39 19 12.4 +1.8
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 3.7 20 38 10.4 -0.1
EWA iShares MSCI Australia ETF 3.6 50 8 5.1 -5.5
FLAU Franklin FTSE Australia ETF 3.6 9 49 5.6 -5.0
VWID Virtus WMC International Dividend ETF 3.6 49 9 9.2 -1.4
CGXU Capital Group International Focus Equity ETF 3.4 54 4 4.0 -6.6
ECOW Pacer Emerging Markets Cash Cows 100 ETF 3.4 70 -12 10.8 +0.2
INFL Horizon Kinetics Inflation Beneficiaries ETF 3.4 85 -27 4.9 -5.7
RSPM Invesco S&P 500 Equal Weight Materials ETF 3.4 40 18 7.2 -3.4
FKU First Trust United Kingdom AlphaDEX Fund 3.2 80 -22 7.3 -3.3
EWU iShares MSCI United Kingdom ETF 3.2 50 8 7.6 -3.0
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 3.2 19 39 5.6 -5.0
FIVA Fidelity International Value Factor ETF 3.1 18 40 9.1 -1.5
DVYA iShares Asia/Pacific Dividend ETF 3.1 49 9 8.8 -1.8
PBW Invesco WilderHill Clean Energy ETF 3.1 66 -8 -17.9 -28.5
EFV iShares MSCI EAFE Value ETF 3.1 34 24 8.8 -1.8
IVLU iShares MSCI Intl Value Factor ETF 3.0 30 28 10.4 -0.2
EPP iShares MSCI Pacific ex-Japan ETF 3.0 47 11 5.1 -5.5
FLGB Franklin FTSE United Kingdom ETF 2.8 9 49 8.1 -2.5
SPRX Spear Alpha ETF 2.8 75 -17 -0.5 -11.1
COPJ Sprott Junior Copper Miners ETF 2.8 75 -17 9.3 -1.3
VYMI Vanguard International High Dividend Yield ETF 2.8 22 36 9.4 -1.2
DXJ WisdomTree Japan Hedged Equity Fund 2.7 48 10 7.5 -3.1
DIVI Franklin International Core Dividend Tilt Index ETF 2.7 9 49 7.8 -2.8
GOEX Global X Gold Explorers ETF 2.7 65 -7 4.9 -5.7
FNDF Schwab Fundamental International Large Co. Index ETF 2.7 25 33 8.9 -1.7
UMMA Wahed Dow Jones Islamic World ETF 2.6 65 -7 4.1 -6.5
IPAC iShares Core MSCI Pacific ETF 2.6 9 49 6.4 -4.2
IQIN IQ 500 International ETF 2.6 25 33 8.6 -2.0
VPL Vanguard FTSE Pacific ETF 2.5 8 50 6.7 -3.9
ILF iShares Latin America 40 ETF 2.5 48 10 9.8 -0.8
FJP First Trust Japan AlphaDEX Fund 2.5 80 -22 9.8 -0.8
CARZ First Trust NASDAQ Global Auto Index Fund 2.4 70 -12 3.3 -7.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 2.4 45 13 8.3 -2.3
SGDJ Sprott Junior Gold Miners ETF 2.4 50 8 5.2 -5.4
GOAU U.S. Global GO GOLD and Precious Metal Miners ETF 2.3 60 -2 6.2 -4.4
SDEM Global X MSCI SuperDividend Emerging Markets ETF 2.3 67 -9 17.0 +6.4
IQLT iShares MSCI Intl Quality Factor ETF 2.3 30 28 5.6 -5.0
GCOW Pacer Global Cash Cows Dividend ETF 2.3 60 -2 13.5 +3.0
QEFA SPDR MSCI EAFE StrategicFactors ETF 2.2 30 28 6.7 -3.9
DFIV Dimensional International Value ETF 2.2 27 31 9.6 -1.0
IDV iShares International Select Dividend ETF 2.2 51 7 12.0 +1.4
CEFA Global X S&P Catholic Values Developed ex-US ETF 2.2 35 23 6.2 -4.4
FCA First Trust China AlphaDEX Fund 2.2 80 -22 16.8 +6.2
PBD Invesco Global Clean Energy ETF 2.1 75 -17 -3.7 -14.3
TTAI FCF International Quality ETF 2.1 59 -1 7.2 -3.4
IMTM iShares MSCI Intl Momentum Factor ETF 2.1 30 28 6.7 -3.9
URA Global X Uranium ETF 2.1 69 -11 3.5 -7.1
EZA iShares MSCI South Africa ETF 2.1 58 0 10.7 +0.1
QINT American Century Quality Diversified International ETF 2.0 39 19 7.2 -3.4
EWJV iShares MSCI Japan Value ETF 2.0 15 43 8.7 -1.9
FYLD Cambria Foreign Shareholder Yield ETF 2.0 59 -1 11.7 +1.1
INTF iShares International Equity Factor ETF 2.0 15 43 7.6 -3.0
CID VictoryShares International High Div Volatility Wtd ETF 2.0 45 13 9.3 -1.3
IYM iShares U.S. Basic Materials ETF 1.9 40 18 6.6 -4.0
AVIV Avantis International Large Cap Value ETF 1.9 25 33 8.7 -1.9
IQDE FlexShares International Quality Dividend Defensive Index ET 1.9 47 11 10.4 -0.2
EFA iShares MSCI EAFE ETF 1.9 35 23 6.2 -4.4
EQRR ProShares Equities for Rising Rates ETF 1.9 35 23 7.9 -2.7
IDHQ Invesco S&P International Developed High Quality ETF 1.8 29 29 5.7 -4.9
IVAL Alpha Architect International Quantitative Value ETF 1.8 49 9 5.7 -4.9
CWI SPDR MSCI ACWI ex-US ETF 1.8 30 28 6.6 -4.0
RING iShares MSCI Global Gold Miners ETF 1.8 39 19 5.8 -4.8
FTRI First Trust Indxx Global Natural Resources Income ETF 1.8 70 -12 10.5 -0.1
FEM First Trust Emerging Markets AlphaDEX Fund 1.8 80 -22 15.6 +5.0
GDX VanEck Gold Miners ETF 1.8 51 7 4.7 -5.9
FPAG FPA Global Equity ETF 1.8 49 9 5.5 -5.1
GSID Goldman Sachs MarketBeta International Equity ETF 1.7 20 38 6.5 -4.1
ESGN Columbia International ESG Equity Income ETF 1.7 45 13 8.8 -1.8
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 1.7 36 22 6.2 -4.4
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 1.7 80 -22 13.6 +3.0
NOBL ProShares S&P 500 Dividend Aristocrats ETF 1.7 35 23 5.9 -4.7
JHMD John Hancock Multifactor Developed International ETF 1.7 39 19 7.2 -3.4
IEFA iShares Core MSCI EAFE ETF 1.7 7 51 2.6 -8.0
SLX VanEck Steel ETF 1.7 56 2 20.1 +9.5
IQDF FlexShares International Quality Dividend Index Fund 1.7 47 11 10.4 -0.2
ROYA Tema Global Royalties ETF 1.6 75 -17 4.5 -6.1
HFXI IQ FTSE International Equity Currency Neutral ETF 1.6 20 38 6.6 -4.0
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 1.6 95 -37 11.0 +0.4
BKIE BNY Mellon International Equity ETF 1.6 4 54 6.7 -3.9
SCHF Schwab International Equity ETF 1.6 6 52 6.8 -3.8
SPDW SPDR Portfolio Developed World ex-US ETF 1.6 3 55 6.7 -3.9
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.6 47 11 9.9 -0.7
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 1.6 30 28 8.3 -2.3
VEA Vanguard FTSE Developed Markets ETF 1.6 5 53 6.8 -3.8
IDEV iShares Core MSCI International Developed Markets ETF 1.6 4 54 6.5 -4.1
SCHY Schwab International Dividend Equity ETF 1.5 14 44 9.1 -1.5
IDOG ALPS International Sector Dividend Dogs ETF 1.5 50 8 11.2 +0.7
FICS First Trust International Developed Capital Strength ETF 1.5 70 -12 6.0 -4.6
LVHI Franklin International Low Volatility High Dividend Index ET 1.5 40 18 10.0 -0.6
AVEM Avantis Emerging Markets Equity ETF 1.5 33 25 8.8 -1.8
JPIN J.P. Morgan Diversified Return International Equity ETF 1.5 37 21 8.5 -2.1
RFDI First Trust Riverfront Dynamic Developed International ETF 1.5 83 -25 8.7 -1.9
DIHP Dimensional International High Profitability ETF 1.5 29 29 6.8 -3.8
DFND Siren DIVCON Dividend Defender ETF 1.5 189 -131 3.9 -6.7
VEU Vanguard FTSE All-World ex-US Index Fund 1.5 8 50 7.0 -3.6
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 1.5 25 33 7.5 -3.1
ECNS iShares MSCI China Small-Cap ETF 1.4 59 -1 12.9 +2.3
AVES Avantis Emerging Markets Value ETF 1.4 36 22 11.8 +1.2
JPXN iShares JPX-Nikkei 400 ETF 1.4 48 10 7.2 -3.4
RODE Hartford Multifactor Diversified International ETF 1.4 29 29 11.2 +0.6
DFAI Dimensional International Core Equity Market ETF 1.4 18 40 6.7 -3.9
ACWX iShares MSCI ACWI ex U.S. ETF 1.4 34 24 6.5 -4.1
IDX VanEck Indonesia Index ETF 1.4 57 1 7.7 -2.9
UEVM VictoryShares Emerging Markets Value Momentum ETF 1.4 45 13 12.4 +1.8
FTAG First Trust Indxx Global Agriculture ETF 1.3 70 -12 8.9 -1.7
SPGP Invesco S&P 500 GARP ETF 1.3 34 24 8.5 -2.1
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 1.3 42 16 6.6 -4.0
XLB Materials Select Sector SPDR Fund 1.3 9 49 5.6 -5.0
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 1.3 39 19 7.4 -3.2
GSIE Goldman Sachs ActiveBeta International Equity ETF 1.3 25 33 7.3 -3.3
FMAT Fidelity MSCI Materials Index ETF 1.3 8 50 6.4 -4.2
ISZE iShares MSCI Intl Size Factor ETF 1.3 30 28 6.4 -4.2
DGT SPDR Global Dow ETF 1.3 50 8 6.5 -4.1
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.3 24 34 8.3 -2.3
IXUS iShares Core MSCI Total International Stock ETF 1.3 7 51 6.7 -3.9
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.2 41 17 6.5 -4.1
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.2 30 28 7.6 -3.0
NANR SPDR S&P North American Natural Resources ETF 1.2 35 23 6.7 -3.9
LEAD Siren DIVCON Leaders Dividend ETF 1.2 43 15 5.1 -5.5
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 1.2 65 -7 8.5 -2.1
BBJP JPMorgan BetaBuilders Japan ETF 1.2 19 39 6.9 -3.7
FCTR First Trust Lunt U.S. Factor Rotation ETF 1.2 65 -7 3.8 -6.8
NUDM Nuveen ESG International Developed Markets Equity ETF 1.2 31 27 6.3 -4.3
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.2 80 -22 10.5 -0.1
SPHB Invesco S&P 500 High Beta ETF 1.1 25 33 4.9 -5.7
DFIC Dimensional International Core Equity 2 ETF 1.1 23 35 7.2 -3.4
EMGF iShares Emerging Markets Equity Factor ETF 1.1 25 33 8.4 -2.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 1.1 39 19 7.1 -3.5
PID Invesco International Dividend Achievers ETF 1.1 53 5 6.6 -4.0
IDMO Invesco S&P International Developed Momentum ETF 1.1 25 33 6.8 -3.8
VXUS Vanguard Total International Stock ETF 1.1 7 51 6.9 -3.7
FDEV Fidelity International Multifactor ETF 1.1 18 40 7.3 -3.3
AVDE Avantis International Equity ETF 1.1 23 35 7.7 -2.9
JIRE JPMorgan International Research Enhanced Equity ETF 1.1 24 34 6.6 -4.0
DEHP Dimensional Emerging Markets High Profitability ETF 1.1 41 17 7.1 -3.5
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF 1.1 69 -11 8.2 -2.4
MEM Matthews Emerging Markets Equity Active ETF 1.1 79 -21 5.5 -5.1
BRAZ Global X Brazil Active ETF 1.1 75 -17 9.8 -0.8
RODM Hartford Multifactor Developed Markets (ex-US) ETF 1.1 29 29 8.6 -2.0
NTZG Nuveen Global Net Zero Transition ETF 1.1 56 2 4.8 -5.8
EWJ iShares MSCI Japan ETF 1.0 50 8 6.5 -4.1
GSFP Goldman Sachs Future Planet Equity ETF 1.0 75 -17 4.2 -6.4
PXH Invesco FTSE RAFI Emerging Markets ETF 1.0 49 9 12.0 +1.4
DIM WisdomTree International MidCap Dividend Fund 1.0 58 0 7.4 -3.2
FLJP Franklin FTSE Japan ETF 1.0 9 49 6.9 -3.7
DTH WisdomTree International High Dividend Fund 1.0 58 0 9.9 -0.7
IEV iShares Europe ETF 1.0 67 -9 5.9 -4.7
BECO BlackRock Future Climate and Sustainable Economy ETF 1.0 70 -12 13.3 +2.7
KOCG FIS Knights of Columbus Global Belief ETF 1.0 75 -17 5.2 -5.4
VRAI Virtus Real Asset Income ETF 1.0 55 3 8.5 -2.1
FLJH Franklin FTSE Japan Hedged ETF 1.0 9 49 6.7 -3.9
IQDG WisdomTree International Quality Dividend Growth Fund 0.9 42 16 5.7 -4.9
ROAM Hartford Multifactor Emerging Markets ETF 0.9 44 14 11.3 +0.7
IMFL Invesco International Developed Dynamic Multifactor ETF 0.9 34 24 10.3 -0.3
DBJP Xtrackers MSCI Japan Hedged Equity ETF 0.9 47 11 6.4 -4.2
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.9 58 0 5.4 -5.2
EIDO iShares MSCI Indonesia ETF 0.9 59 -1 7.7 -2.9
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.9 56 2 13.5 +2.9
SPEM SPDR Portfolio Emerging Markets ETF 0.9 7 51 7.3 -3.3
VGK Vanguard FTSE Europe ETF 0.9 11 47 6.6 -4.0
VAW Vanguard Materials ETF 0.9 10 48 6.3 -4.3
IGE iShares North American Natural Resources ETF 0.9 41 17 6.5 -4.1
KALL KraneShares MSCI All China Index ETF 0.9 49 9 8.9 -1.7
SCHC Schwab International Small-Cap Equity ETF 0.9 11 47 6.2 -4.4
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.9 38 20 8.0 -2.6
MOO VanEck Agribusiness ETF 0.8 53 5 9.1 -1.5
GLOF iShares Global Equity Factor ETF 0.8 20 38 6.9 -3.7
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 0.8 60 -2 5.0 -5.6
EWC iShares MSCI Canada ETF 0.8 50 8 6.8 -3.8
TPIF Timothy Plan International ETF 0.8 62 -4 6.5 -4.1
DFAE Dimensional Emerging Core Equity Market ETF 0.8 35 23 7.5 -3.1
CIL VictoryShares International Volatility Wtd ETF 0.8 45 13 6.7 -3.9
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.8 65 -7 8.1 -2.5
UIVM VictoryShares International Value Momentum ETF 0.8 35 23 10.4 -0.2
IEUR iShares Core MSCI Europe ETF 0.8 11 47 -1.3 -11.9
WWJD Inspire International ETF 0.8 80 -22 6.9 -3.7
CGDV Capital Group Dividend Value ETF 0.8 33 25 5.6 -5.0
MVPS Amplify Thematic All-Stars ETF 0.8 49 9 1.6 -9.0
CVY Invesco Zacks Multi-Asset Income ETF 0.8 106 -48 8.7 -1.9
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 0.8 51 7 6.6 -4.0
FLEE Franklin FTSE Europe ETF 0.8 9 49 6.7 -3.9
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.8 32 26 5.3 -5.3
EFG iShares MSCI EAFE Growth ETF 0.8 36 22 4.0 -6.6
SPEU SPDR Portfolio Europe ETF 0.8 7 51 6.4 -4.2
IOO iShares Global 100 ETF 0.8 41 17 4.6 -6.0
EXI iShares Global Industrials ETF 0.8 42 16 4.5 -6.1
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.7 46 12 6.2 -4.4
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 0.7 80 -22 9.8 -0.8
QWLD SPDR MSCI World StrategicFactors ETF 0.7 30 28 5.9 -4.7
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 0.7 90 -32 6.7 -3.9
SDIV Global X Superdividend ETF 0.7 58 0 17.1 +6.5
DVYE iShares Emerging Markets Dividend ETF 0.7 49 9 15.7 +5.1
EEMD AAM S&P Emerging Markets High Dividend Value ETF 0.7 49 9 18.2 +7.6
BBEU JPMorgan BetaBuilders Europe ETF 0.7 9 49 6.5 -4.1
ESGG FlexShares STOXX Global ESG Select Index Fund 0.7 42 16 5.0 -5.6
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.6 7 51 6.3 -4.3
FTWO Strive FAANG 2.0 ETF 0.6 49 9 4.7 -5.9
BLES Inspire Global Hope ETF 0.6 61 -3 6.2 -4.4
SCJ iShares MSCI Japan Small-Cap ETF 0.6 50 8 6.2 -4.4
WLDR Affinity World Leaders Equity ETF 0.6 67 -9 8.3 -2.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.6 9 49 5.6 -5.0
LDEM iShares ESG MSCI EM Leaders ETF 0.6 17 41 7.5 -3.1
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 0.6 15 43 7.0 -3.6
NUEM Nuveen ESG Emerging Markets Equity ETF 0.6 36 22 6.6 -4.0
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.6 20 38 6.7 -3.9
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 0.6 49 9 10.4 -0.2
AADR AdvisorShares Dorsey Wright ADR ETF 0.6 110 -52 5.1 -5.5
MAKX ProShares S&P Kensho Smart Factories ETF 0.6 58 0 0.4 -10.2
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.6 33 25 6.9 -3.7
DWM WisdomTree International Equity Fund 0.6 48 10 7.6 -3.0
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.6 58 0 9.8 -0.8
GDXJ VanEck Junior Gold Miners ETF 0.6 52 6 4.9 -5.7
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.6 14 44 6.0 -4.6
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.6 40 18 7.7 -2.9
XT iShares Exponential Technologies ETF 0.6 46 12 3.7 -6.9
ESGD iShares ESG Aware MSCI EAFE ETF 0.5 20 38 6.1 -4.5
BBCA JPMorgan BetaBuilders Canada ETF 0.5 19 39 7.0 -3.6
VIDI Vident International Equity Strategy ETF 0.5 61 -3 11.6 +1.0
URTH iShares MSCI World ETF 0.5 24 34 5.3 -5.3
RSPE Invesco ESG S&P 500 Equal Weight ETF 0.5 20 38 6.3 -4.3
OALC OneAscent Large Cap Core ETF 0.5 86 -28 5.7 -4.9
GVAL Cambria Global Value ETF 0.5 68 -10 11.9 +1.3
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.5 50 8 10.1 -0.5
FLCH Franklin FTSE China ETF 0.5 19 39 9.0 -1.6
ACWI iShares MSCI ACWI ETF 0.5 32 26 5.3 -5.3
VT Vanguard Total World Stock ETF 0.5 7 51 5.7 -4.9
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.5 80 -22 5.5 -5.1
DEM WisdomTree Emerging Markets High Dividend Fund 0.5 63 -5 12.4 +1.9
TOK iShares MSCI Kokusai ETF 0.5 26 32 5.2 -5.4
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.5 39 19 12.0 +1.4
CVAR Cultivar ETF 0.5 87 -29 6.9 -3.7
JHEM John Hancock Multifactor Emerging Markets ETF 0.5 49 9 8.1 -2.5
DWMF WisdomTree International Multifactor Fund 0.5 38 20 7.2 -3.4
DOL WisdomTree International LargeCap Dividend Fund 0.5 48 10 7.5 -3.1
VWO Vanguard FTSE Emerging Markets ETF 0.5 8 50 7.4 -3.2
MCHI iShares MSCI China ETF 0.5 59 -1 8.4 -2.2
BIBL Inspire 100 ETF 0.5 35 23 4.8 -5.8
KOKU Xtrackers MSCI Kokusai Equity ETF 0.5 9 49 5.4 -5.2
APIE ActivePassive International Equity ETF 0.5 45 13 7.5 -3.1
OBOR KraneShares MSCI One Belt One Road Index ETF 0.5 79 -21 10.2 -0.4
AUSF Global X Adaptive U.S. Factor ETF 0.5 27 31 9.0 -1.6
KRMA Global X Conscious Companies ETF 0.5 43 15 5.7 -4.9
RPV Invesco S&P 500 Pure Value ETF 0.5 35 23 9.9 -0.7
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.4 20 38 7.2 -3.4
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 0.4 32 26 7.4 -3.2
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 0.4 44 14 10.0 -0.6
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.4 25 33 7.2 -3.4
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.4 41 17 7.5 -3.1
IEMG iShares Core MSCI Emerging Markets ETF 0.4 9 49 7.3 -3.3
EEM iShares MSCI Emerging Markets ETF 0.4 69 -11 6.7 -3.9
FMIL Fidelity New Millennium ETF 0.4 59 -1 4.3 -6.3
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.4 20 38 6.1 -4.5
DFEV Dimensional Emerging Markets Value ETF 0.4 43 15 10.6 -0.0
SDY SPDR S&P Dividend ETF 0.4 35 23 6.2 -4.4
VOT Vanguard Mid-Cap Growth ETF 0.4 7 51 4.1 -6.5
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 0.4 58 0 8.7 -1.9
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.4 45 13 8.3 -2.3
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.4 30 28 7.2 -3.4
SCHE Schwab Emerging Markets Equity ETF 0.4 11 47 7.3 -3.3
SCZ iShares MSCI EAFE Small-Cap ETF 0.4 40 18 0.0 -10.6
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.4 36 22 7.2 -3.4
GXC SPDR S&P China ETF 0.4 59 -1 8.5 -2.1
BKEM BNY Mellon Emerging Markets Equity ETF 0.4 11 47 7.5 -3.1
EWN iShares MSCI Netherlands ETF 0.4 50 8 4.5 -6.1
DON WisdomTree U.S. MidCap Dividend Fund 0.4 38 20 8.4 -2.2
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.4 49 9 6.5 -4.1
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.4 66 -8 7.0 -3.6
IQSI IQ Candriam International Equity ETF 0.4 15 43 6.2 -4.4
SPVU Invesco S&P 500 Enhanced Value ETF 0.3 13 45 9.3 -1.3
ESGE iShares ESG Aware MSCI EM ETF 0.3 25 33 7.4 -3.2
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.3 59 -1 9.3 -1.3
DLS WisdomTree International SmallCap Dividend Fund 0.3 58 0 8.5 -2.1
DFSI Dimensional International Sustainability Core 1 ETF 0.3 24 34 6.1 -4.5
TRFM AAM Transformers ETF 0.3 49 9 1.2 -9.4
BKF iShares MSCI BIC ETF 0.3 69 -11 6.8 -3.8
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 0.3 18 40 7.9 -2.7
RNEM First Trust Emerging Markets Equity Select ETF 0.3 75 -17 8.1 -2.5
EMXC iShares MSCI Emerging Markets ex China ETF 0.3 25 33 6.5 -4.1
EEMA iShares MSCI Emerging Markets Asia ETF 0.3 49 9 6.4 -4.2
CNYA iShares MSCI China A ETF 0.3 60 -2 8.3 -2.3
IMCV iShares Morningstar Mid-Cap Value ETF 0.3 6 52 7.9 -2.7
DEW WisdomTree Global High Dividend Fund 0.3 58 0 8.9 -1.7
DFE WisdomTree Europe SmallCap Dividend Fund 0.3 58 0 10.5 -0.1
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.3 32 26 6.0 -4.6
CN Xtrackers MSCI All China Equity ETF 0.3 50 8 9.3 -1.3
XCEM Columbia EM Core ex-China ETF 0.3 16 42 7.2 -3.4
FLAX Franklin FTSE Asia Ex Japan ETF 0.2 19 39 6.9 -3.7
GMF SPDR S&P Emerging Asia Pacific ETF 0.2 49 9 6.2 -4.4
RAYC Rayliant Quantamental China Equity ETF 0.2 80 -22 8.2 -2.4
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.2 9 49 5.9 -4.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.2 20 38 5.4 -5.2
VSGX Vanguard ESG International Stock ETF 0.2 12 46 6.6 -4.0
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.2 70 -12 6.0 -4.6
EQAL Invesco Russell 1000 Equal Weight ETF 0.2 20 38 5.9 -4.7
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.2 15 43 6.8 -3.8
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.2 70 -12 7.1 -3.5
WRND IQ Global Equity R&D Leaders ETF 0.2 18 40 6.9 -3.7
XC WisdomTree Emerging Markets Ex-China Fund 0.2 32 26 6.0 -4.6
FVAL Fidelity Value Factor ETF 0.2 15 43 7.4 -3.2
CGUS Capital Group Core Equity ETF 0.2 33 25 4.6 -6.0
KOMP SPDR S&P Kensho New Economies Composite ETF 0.2 20 38 2.0 -8.6
DISV Dimensional International Small Cap Value ETF 0.2 42 16 9.0 -1.6
RSP Invesco S&P 500 Equal Weight ETF 0.2 20 38 6.2 -4.4
VO Vanguard Mid-Cap ETF 0.2 4 54 5.8 -4.8
EMXF iShares ESG Advanced MSCI EM ETF 0.2 16 42 7.2 -3.4
FEP First Trust Europe AlphaDEX Fund 0.2 80 -22 8.4 -2.2
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.2 58 0 5.3 -5.3
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.2 52 6 5.3 -5.3
DMXF iShares ESG Advanced MSCI EAFE ETF 0.2 12 46 5.2 -5.4
IWS iShares Russell Mid-Cap Value ETF 0.2 23 35 6.5 -4.1
FTC First Trust Large Cap Growth AlphaDEX Fund 0.2 59 -1 2.8 -7.8
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.2 12 46 4.9 -5.7
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 0.2 32 26 6.6 -4.0
EUSA iShares MSCI USA Equal Weighted ETF 0.2 9 49 6.1 -4.5
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.2 60 -2 4.0 -6.6
CGGR Capital Group Growth ETF 0.1 39 19 3.4 -7.2
FNDC Schwab Fundamental International Small Co. Index ETF 0.1 39 19 6.7 -3.9
GWX SPDR S&P International Small Cap ETF 0.1 40 18 6.4 -4.2
IMCB iShares Morningstar Mid-Cap ETF 0.1 4 54 6.0 -4.6
FXI iShares China Large-Cap ETF 0.1 74 -16 9.0 -1.6
AVDV Avantis International Small Cap Value ETF 0.1 36 22 7.8 -2.8
SIZE iShares MSCI USA Size Factor ETF 0.1 15 43 5.9 -4.7
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.1 45 13 5.9 -4.7
JHMM John Hancock Multifactor Mid Cap ETF 0.1 42 16 6.5 -4.1
EPS WisdomTree U.S. LargeCap Fund 0.1 8 50 6.2 -4.4
SFY SoFi Select 500 ETF 0.1 0 58 5.0 -5.6
IWR iShares Russell Midcap ETF 0.1 19 39 5.6 -5.0
IEUS iShares MSCI Europe Small-Cap ETF 0.1 42 16 0.0 -10.6
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 -7 7.5 -3.1
VLUE iShares MSCI USA Value Factor ETF 0.1 15 43 10.8 +0.2
DFIS Dimensional International Small Cap ETF 0.1 39 19 6.5 -4.1
ISCF iShares International SmallCap Equity Factor ETF 0.1 23 35 8.5 -2.1
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.1 24 34 7.8 -2.8
VEGI iShares MSCI Agriculture Producers ETF 0.1 39 19 9.0 -1.6
DFUV Dimensional US Marketwide Value ETF 0.1 22 36 7.6 -3.0
EMMF WisdomTree Emerging Markets Multifactor Fund 0.1 48 10 9.2 -1.4
VIG Vanguard Dividend Appreciation ETF 0.1 6 52 5.8 -4.8
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 39 6.4 -4.2
QUAL iShares MSCI USA Quality Factor ETF 0.1 15 43 5.4 -5.2
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.1 64 -6 2.0 -8.6
WOMN Impact Shares YWCA Women's Empowerment ETF 0.1 75 -17 4.8 -5.8
EUDG WisdomTree Europe Quality Dividend Growth Fund 0.1 58 0 5.8 -4.8
USXF iShares ESG Advanced MSCI USA ETF 0.1 10 48 5.1 -5.5
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.1 24 34 7.0 -3.6
CFA VictoryShares US 500 Volatility Wtd ETF 0.1 35 23 5.9 -4.7
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.1 40 18 5.9 -4.7
SPYV SPDR Portfolio S&P 500 Value ETF 0.1 4 54 6.7 -3.9
IVE iShares S&P 500 Value ETF 0.1 18 40 6.6 -4.0
IUSV iShares Core S&P US Value ETF 0.1 4 54 6.8 -3.8
HLAL Wahed FTSE USA Shariah ETF 0.1 50 8 4.8 -5.8
PFM Invesco Dividend Achievers ETF 0.1 53 5 5.6 -5.0
RVRB Reverb ETF 0.1 30 28 4.8 -5.8
STXV Strive 1000 Value ETF 0.1 18 40 7.8 -2.8
VONV Vanguard Russell 1000 Value ETF 0.1 8 50 6.7 -3.9
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.1 15 43 4.8 -5.8
IWD iShares Russell 1000 Value ETF 0.1 19 39 6.5 -4.1
JHML John Hancock Multifactor Large Cap ETF 0.1 29 29 5.5 -5.1
ILCV iShares Morningstar Value ETF 0.1 4 54 6.6 -4.0
NACP Impact Shares NAACP Minority Empowerment ETF 0.1 49 9 4.8 -5.8
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.1 9 49 4.9 -5.7
VOOG Vanguard S&P 500 Growth ETF 0.1 10 48 5.3 -5.3
NANC Unusual Whales Subversive Democratic Trading ETF 0.1 75 -17 3.6 -7.0
DSI iShares MSCI KLD 400 Social ETF 0.1 25 33 5.0 -5.6
VUG Vanguard Growth ETF 0.1 4 54 4.1 -6.5
SCHG Schwab U.S. Large-Cap Growth ETF 0.1 4 54 4.2 -6.4
HEDJ WisdomTree Europe Hedged Equity Fund 0.1 58 0 8.4 -2.2
SPXT ProShares S&P 500 Ex-Technology ETF 0.1 9 49 5.5 -5.1
RWL Invesco S&P 500 Revenue ETF 0.1 39 19 6.6 -4.0
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.1 7 51 5.1 -5.5
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.1 45 13 4.6 -6.0
SSPY Syntax Stratified LargeCap ETF 0.1 30 28 6.4 -4.2
SNPE Xtrackers S&P 500 ESG ETF 0.1 10 48 5.2 -5.4
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 38 4.9 -5.7
AVUS Avantis U.S. Equity ETF 0.0 15 43 5.9 -4.7
SPXN ProShares S&P 500 Ex-Financials ETF 0.0 9 49 5.1 -5.5
SPXV ProShares S&P 500 Ex-Health Care ETF 0.0 9 49 5.0 -5.6
SHE SPDR MSCI USA Gender Diversity ETF 0.0 20 38 4.9 -5.7
DGRO iShares Core Dividend Growth ETF 0.0 8 50 6.4 -4.2
HKND Humankind US Stock ETF 0.0 11 47 6.8 -3.8
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 19 7.2 -3.4
SPXE ProShares S&P 500 Ex-Energy ETF 0.0 9 49 5.2 -5.4
BKLC BNY Mellon US Large Cap Core Equity ETF 0.0 0 58 5.1 -5.5
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.0 7 51 5.1 -5.5
VOTE TCW Transform 500 ETF 0.0 5 53 5.1 -5.5
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.0 2 56 5.1 -5.5
DTD WisdomTree U.S. Total Dividend Fund 0.0 28 30 6.5 -4.1
CATH Global X S&P 500 Catholic Values Custom ETF 0.0 29 29 5.0 -5.6
QVML Invesco S&P 500 QVM Multi-factor ETF 0.0 11 47 5.1 -5.5
XVV iShares ESG Screened S&P 500 ETF 0.0 8 50 5.0 -5.6
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 47 5.1 -5.5
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 41 5.5 -5.1
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 49 4.9 -5.7
SPY SPDR S&P 500 ETF Trust 0.0 9 49 5.1 -5.5
APUE ActivePassive U.S. Equity ETF 0.0 45 13 4.9 -5.7
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.0 20 38 4.9 -5.7
VOO Vanguard S&P 500 ETF 0.0 3 55 5.2 -5.4
IVV iShares Core S&P 500 ETF 0.0 3 55 5.2 -5.4
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.0 10 48 4.7 -5.9
SPLG SPDR Portfolio S&P 500 ETF 0.0 2 56 5.2 -5.4
VV Vanguard Large-Cap ETF 0.0 4 54 5.1 -5.5
SCHX Schwab U.S. Large-Cap ETF 0.0 3 55 5.2 -5.4
PBUS Invesco MSCI USA ETF 0.0 4 54 5.1 -5.5
ILCB iShares Morningstar U.S. Equity ETF 0.0 3 55 5.1 -5.5
STRV Strive 500 ETF 0.0 5 53 5.1 -5.5
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.0 3 55 5.3 -5.3
VONE Vanguard Russell 1000 ETF 0.0 8 50 5.1 -5.5
IYY iShares Dow Jones U.S. ETF 0.0 20 38 4.9 -5.7
SCHK Schwab 1000 Index ETF 0.0 5 53 5.2 -5.4
IWB iShares Russell 1000 ETF 0.0 15 43 5.0 -5.6
DFLV Dimensional US Large Cap Value ETF 0.0 22 36 7.8 -2.8
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.0 3 55 5.0 -5.6
VTI Vanguard Total Stock Market ETF 0.0 3 55 5.0 -5.6
VTHR Vanguard Russell 3000 ETF 0.0 10 48 5.0 -5.6
IWV iShares Russell 3000 ETF 0.0 20 38 4.9 -5.7
SCHB Schwab U.S. Broad Market ETF 0.0 3 55 5.1 -5.5
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.0 10 48 4.7 -5.9
DFUS Dimensional U.S. Equity ETF 0.0 9 49 5.0 -5.6
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.0 25 33 5.5 -5.1
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 33 7.0 -3.6
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 33 7.0 -3.6
IUS Invesco RAFI Strategic US ETF 0.0 19 39 7.2 -3.4
ONEO SPDR Russell 1000 Momentum Focus ETF 0.0 20 38 7.1 -3.5
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.0 45 13 6.1 -4.5
QUS SPDR MSCI USA StrategicFactors ETF 0.0 15 43 5.9 -4.7
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.0 14 44 5.3 -5.3
ACVF American Conservative Values ETF 0.0 75 -17 4.3 -6.3
VLU SPDR S&P 1500 Value Tilt ETF 0.0 12 46 7.1 -3.5
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 41 7.0 -3.6
STXG Strive 1000 Growth ETF 0.0 18 40 4.1 -6.5
GSPY Gotham Enhanced 500 ETF 0.0 50 8 5.2 -5.4
DFAU Dimensional US Core Equity Market ETF 0.0 12 46 5.2 -5.4
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.0 12 46 4.4 -6.2

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

  2019 2020 2021 2022 2023 2024E 2025E
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
  2023 2024E 2025E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 ProShares S&P Global Core Battery Metals ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 11.5 %
Divided by: Fwd. P/BV 1.0 x
Less: Expense ratio 58 bp
Equals: ALTAR Score 10.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.57 CATEGORY
AVERAGE		 1.50
 
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.