Tema Alternative Asset Managers ETF
ALTAR
Score™		 3.0% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 17.1x P/Sales
ratio		 5.6x
P/BV
ratio		 2.7x Div.
yield		 3.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Tema Alternative Asset Managers ETF seeks to provide investors with exposure to a diversified portfolio of alternative asset managers to achieve long-term capital appreciation.

FUND BASICS
Category US Equities
Fund Sponsor Tema
Website temaetfs.com/aaum
Inception date Sep 23, 2025
Assets (mns) $2
Currency USD
Expense ratio 99 bp
Distributions

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 25
Wgt avg mkt cap (mns) $27,795
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 0.0%
Small cap (<$2bn) 0.0%
Developed mkts 0.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
TPG INC 6.0 %
APOLLO GLOBAL MANAGEMENT INC. 5.8 %
ARES MANAGEMENT LP 5.7 %
KKR & CO LP 5.4 %
HAMILTON LANE INCORPORATED CLASS A 5.1 %
EQT AB 5.1 %
BROOKFIELD CORP 5.1 %
STEPSTONE GROUP, INC. CLASS A 5.1 %
DIGITALBRIDGE GROUP, INC. CLASS A 4.9 %
BLACKSTONE GROUP LP/THE 4.9 %
Total 53.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 54.0 %
CANADA 12.9 %
BRITAIN 8.6 %
SWEDEN 5.6 %
SWITZERLAND 4.8 %
BELGIUM 3.6 %
FRANCE 2.0 %




HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-- -- -- -- 1.2%

Market Correlations
versus... Beta R-squared
S&P500 -- --
MSCI EAFE -- --
MSCI Emg. Mkts. -- --

Technical Indicators
Recent close $24.48
30d moving avg. $23.69
Annualized volatility 0.0%
Short interest (ETF) 0.7%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 0
Turnover 0.0%
Bid/Ask (% of price) 0.66%
ADV underlying (mns) $0

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 547 potential alternatives to the Tema Alternative Asset Managers ETF ETF based on the alternatives' overlap in portfolio holdings with AAUM. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: AAUM Expense: 99 bp ALTAR Score™: 3.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH AAUM
Ticker Fund
Name		 Overlap1
vs AAUM
(%)		 Expense
ratio
(bp)		 Savings
vs AAUM
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs AAUM
(%)
GPZ VanEck Alternative Asset Manager ETF 69.3 40 59 4.2 +1.2
PSP Invesco Global Listed Private Equity ETF 40.6 106 -7 5.6 +2.6
LBO WHITEWOLF Publicly Listed Private Equity ETF 35.9 70 29 9.2 +6.2
ICAP InfraCap Equity Income Fund ETF 12.2 171 -72 4.0 +1.0
KCE State Street SPDR S&P Capital Markets ETF 12.1 35 64 5.6 +2.6
AKRE Akre Focus ETF 10.5 106 -7 3.2 +0.2
PEX ProShares Global Listed Private Equity ETF 10.5 81 18 11.0 +7.9
PFI Invesco Dorsey Wright Financial Momentum ETF 10.3 60 39 4.3 +1.3
FDFF Fidelity Disruptive Finance ETF 7.6 50 49 4.0 +1.0
LOGO Alpha Brands Consumption Leaders ETF 6.6 69 30 2.5 -0.5
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 6.5 60 39 5.3 +2.2
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 6.1 75 24 2.3 -0.8
BBCA JPMorgan BetaBuilders Canada ETF 5.3 19 80 5.6 +2.6
IYF iShares U.S. Financials ETF 5.0 40 59 5.3 +2.3
GK AdvisorShares Gerber Kawasaki ETF 4.9 75 24 2.0 -1.0
GKAT Scharf Global Opportunity ETF 4.8 57 42 5.6 +2.6
IYG iShares US Financial Services ETF 4.8 40 59 4.9 +1.8
INFL Horizon Kinetics Inflation Beneficiaries ETF 4.7 85 14 3.2 +0.2
TBG TBG Dividend Focus ETF 4.6 59 40 7.3 +4.3
USSE Segall Bryant & Hamill Select Equity ETF 4.6 65 34 3.3 +0.3
EUDV ProShares MSCI Europe Dividend Growers ETF 4.5 55 44 5.5 +2.5
FNCL Fidelity MSCI Financials Index ETF 4.2 8 91 5.7 +2.7
KAT Scharf ETF 4.2 87 12 4.7 +1.7
ABIG Argent Large Cap ETF 4.0 49 50 4.1 +1.1
XLF The Financial Select Sector SPDR Fund 3.9 8 91 5.3 +2.3
CGGO Capital Group Global Growth Equity ETF 3.9 47 52 3.9 +0.9
VFH Vanguard Financials ETF 3.7 9 90 5.7 +2.7
RSPF Invesco S&P 500 Equal Weight Financials ETF 3.7 40 59 6.0 +3.0
SAGP Strategas Global Policy Opportunities ETF 3.5 65 34 4.9 +1.8
GGRW Gabelli Growth Innovators ETF 3.4 90 9 1.8 -1.2
GDIV Harbor Dividend Growth Leaders ETF 3.4 50 49 4.5 +1.5
SRVR Pacer Data & Infrastructure Real Estate ETF 3.2 55 44 4.4 +1.4
ALIL Argent Focused Small Cap ETF 3.2 74 25 5.9 +2.8
BGDV Bahl & Gaynor Dividend ETF 3.2 45 54 4.1 +1.0
IPO Renaissance IPO ETF 3.2 60 39 2.8 -0.2
FMKT The Free Markets ETF 3.0 76 23 4.1 +1.0
RFEU First Trust Riverfront Dynamic Europe ETF 3.0 83 16 8.9 +5.9
AFOS ARS Focused Opportunities Strategy ETF 2.9 45 54 2.5 -0.5
FXO First Trust Financials AlphaDEX Fund 2.8 62 37 7.4 +4.3
EUFN iShares MSCI Europe Financials ETF 2.8 51 48 6.8 +3.8
BGRO iShares Large Cap Growth Active ETF 2.8 55 44 2.0 -1.0
EWK iShares MSCI Belgium ETF 2.8 50 49 4.1 +1.1
SPHB Invesco S&P 500 High Beta ETF 2.8 25 74 4.2 +1.2
IXG iShares Global Financials ETF 2.7 42 57 5.9 +2.9
TMFG Motley Fool Global Opportunities ETF 2.6 85 14 3.6 +0.6
FDVV Fidelity High Dividend ETF 2.6 15 84 7.0 +4.0
IMFL Invesco International Developed Dynamic Multifactor ETF 2.6 34 65 5.2 +2.2
VFMO Vanguard U.S. Momentum Factor ETF 2.6 13 86 2.6 -0.4
GINN Goldman Sachs Innovate Equity ETF 2.5 52 47 3.3 +0.3
CGGR Capital Group Growth ETF 2.5 39 60 2.7 -0.3
EFAD ProShares MSCI EAFE Dividend Growers ETF 2.5 50 49 5.5 +2.4
WAR U.S. Global Tech and Aerospace & Defense ETF 2.5 60 39 4.9 +1.9
FTGS First Trust Growth Strength ETF 2.5 60 39 3.7 +0.7
EWD iShares MSCI Sweden ETF 2.4 54 45 4.7 +1.7
JIG JPMorgan International Growth ETF 2.4 55 44 4.1 +1.1
PPIE Putnam PanAgora ESG International Equity ETF 2.4 49 50 7.1 +4.0
EWUS iShares MSCI United Kingdom Small Cap ETF 2.2 59 40 7.1 +4.1
DON WisdomTree U.S. MidCap Dividend Fund 2.2 38 61 8.5 +5.4
MID American Century Mid Cap Growth Impact ETF 2.1 45 54 2.9 -0.1
SWP SWP Growth & Income ETF 2.1 99 0 3.7 +0.7
RSMC Rockefeller U.S. Small-Mid Cap ETF 2.1 75 24 4.1 +1.1
SXQG ETC 6 Meridian Quality Growth ETF 2.1 100 -1 3.8 +0.8
SFYX SoFi Next 500 ETF 2.1 0 99 5.3 +2.2
WWJD Inspire International ETF 2.0 80 19 6.6 +3.5
FLGB Franklin FTSE United Kingdom ETF 2.0 9 90 6.8 +3.7
JGRO JPMorgan Active Growth ETF 2.0 44 55 2.8 -0.2
FLSW Franklin FTSE Switzerland ETF 1.9 9 90 5.5 +2.5
XOEF iShares S&P 500 ex S&P 100 ETF 1.9 20 79 5.0 +2.0
VOT Vanguard Mid-Cap Growth ETF 1.9 7 92 3.0 -0.0
IDHQ Invesco S&P International Developed High Quality ETF 1.9 29 70 5.6 +2.5
RNMC First Trust Mid Cap US Equity Select ETF 1.9 60 39 6.1 +3.0
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 1.8 20 79 5.7 +2.7
YLDE ClearBridge Dividend Strategy ESG ETF 1.8 60 39 5.1 +2.1
AVIV Avantis International Large Cap Value ETF 1.8 25 74 7.7 +4.6
IQLT iShares MSCI Intl Quality Factor ETF 1.8 30 69 5.5 +2.5
PSCF Invesco S&P SmallCap Financials ETF 1.8 29 70 8.8 +5.7
AMID Argent Mid Cap ETF Argent Mid Cap ETF 1.8 52 47 5.4 +2.3
NUDM Nuveen ESG International Developed Markets Equity ETF 1.7 31 68 5.9 +2.9
PDP Invesco Dorsey Wright Momentum ETF 1.7 62 37 1.6 -1.5
OEFA ALPS O’Shares International Developed Quality Dividend ETF 1.6 48 51 4.7 +1.7
EWL iShares MSCI Switzerland ETF 1.6 50 49 5.2 +2.1
DURA VanEck Durable High Dividend ETF 1.6 29 70 6.8 +3.8
IWFG IQ Winslow Focused Large Cap Growth ETF 1.6 65 34 2.4 -0.7
FKU First Trust United Kingdom AlphaDEX Fund 1.6 80 19 6.7 +3.6
FLCA Franklin FTSE Canada ETF 1.6 9 90 5.7 +2.7
QGRW WisdomTree U.S. Quality Growth Fund 1.6 28 71 3.3 +0.3
GRPM Invesco S&P MidCap 400 GARP ETF 1.5 35 64 7.1 +4.1
IWP iShares Russell Mid-Cap Growth ETF 1.5 23 76 2.7 -0.4
USCF Themes US Cash Flow Champions ETF 1.5 29 70 7.7 +4.7
ABLS Abacus FCF Small Cap Leaders ETF 1.4 59 40 5.3 +2.2
FICS First Trust International Developed Capital Strength ETF 1.4 70 29 6.4 +3.4
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.4 47 52 7.3 +4.2
EWU iShares MSCI United Kingdom ETF 1.4 50 49 7.0 +4.0
JMOM JPMorgan U.S. Momentum Factor ETF 1.4 12 87 3.9 +0.9
HAPY Harbor Human Capital Factor Unconstrained ETF 1.4 50 49 5.2 +2.1
HDV iShares Core High Dividend ETF 1.3 8 91 6.6 +3.6
EQRR ProShares Equities for Rising Rates ETF 1.3 35 64 6.9 +3.9
AVSD Avantis Responsible International Equity ETF 1.3 23 76 4.8 +1.7
MAGA Point Bridge America First ETF 1.3 72 27 5.9 +2.8
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.3 24 75 6.6 +3.5
BKIE BNY Mellon International Equity ETF 1.3 4 95 6.2 +3.2
GSIE Goldman Sachs ActiveBeta International Equity ETF 1.2 25 74 6.4 +3.3
AIPO Defiance AI & Power Infrastructure ETF 1.2 69 30 1.0 -2.0
DIVI Franklin International Core Dividend Tilt Index ETF 1.2 9 90 7.1 +4.1
IQDF FlexShares International Quality Dividend Index Fund 1.2 47 52 7.9 +4.9
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 1.2 39 60 6.0 +2.9
DAK Dakota Active Equity ETF 1.2 43 56 3.8 +0.7
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.2 12 87 4.4 +1.3
SGRT SMART Earnings Growth 30 ETF 1.2 59 40 1.9 -1.2
LGCF Themes US Cash Flow Champions ETF 1.2 30 69 7.4 +4.3
QINT American Century Quality Diversified International ETF 1.2 39 60 6.3 +3.3
BLES Inspire Global Hope ETF 1.2 61 38 6.3 +3.2
RPG Invesco S&P 500 Pure Growth ETF 1.1 35 64 2.7 -0.3
TPIF Timothy Plan International ETF 1.1 62 37 5.6 +2.5
IDMO Invesco S&P International Developed Momentum ETF 1.1 25 74 5.3 +2.2
HAPS Harbor Human Capital Factor US Small Cap ETF 1.1 60 39 3.5 +0.5
BGIG Bahl & Gaynor Income Growth ETF 1.1 45 54 4.7 +1.6
GGUS Marketbeta Russell 1000 Growth Equity ETF 1.1 12 87 3.6 +0.6
JCTR JPMorgan Carbon Transition U.S. Equity ETF 1.1 15 84 4.0 +1.0
JPSV JPMorgan Active Small Cap Value ETF 1.1 74 25 7.9 +4.9
CGXU Capital Group International Focus Equity ETF 1.1 54 45 4.9 +1.9
VYM Vanguard High Dividend Yield Index ETF 1.1 6 93 6.4 +3.4
KBE State Street SPDR S&P Bank ETF 1.1 35 64 8.9 +5.8
FSGS First Trust SMID Growth Strength ETF 1.1 60 39 4.5 +1.5
RFG Invesco S&P Midcap 400 Pure Growth ETF 1.1 35 64 4.7 +1.6
JIRE JPMorgan International Research Enhanced Equity ETF 1.1 24 75 6.5 +3.4
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 1.1 12 87 5.3 +2.3
XMHQ Invesco S&P MidCap Quality ETF 1.1 25 74 5.9 +2.8
IEUS iShares MSCI Europe Small-Cap ETF 1.0 42 57 6.7 +3.7
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 1.0 25 74 6.5 +3.5
JAVA JPMorgan Active Value ETF 1.0 44 55 5.7 +2.6
EUSA iShares MSCI USA Equal Weighted ETF 1.0 9 90 5.7 +2.6
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 1.0 9 90 8.3 +5.3
BBEU JPMorgan BetaBuilders Europe ETF 1.0 9 90 6.4 +3.3
SIZE iShares MSCI USA Size Factor ETF 1.0 15 84 5.7 +2.6
FLEE Franklin FTSE Europe ETF 1.0 9 90 6.4 +3.4
GLBL Pacer MSCI World Industry Advantage ETF 1.0 65 34 3.5 +0.5
MGV Vanguard Mega Cap Value ETF 1.0 7 92 5.9 +2.8
IQSI IQ Candriam International Equity ETF 1.0 15 84 5.8 +2.7
FPX First Trust US Equity Opportunities ETF 0.9 61 38 0.8 -2.2
RFDI First Trust Riverfront Dynamic Developed International ETF 0.9 83 16 8.2 +5.2
SNPV Xtrackers S&P 500 Value ESG ETF 0.9 15 84 6.1 +3.1
CFA VictoryShares US 500 Volatility Wtd ETF 0.9 35 64 5.4 +2.4
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.9 40 59 5.4 +2.3
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.9 70 29 1.8 -1.3
VXF Vanguard Extended Market ETF 0.9 5 94 4.1 +1.0
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.9 18 81 6.7 +3.7
AVDE Avantis International Equity ETF 0.9 23 76 6.6 +3.5
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.9 9 90 5.6 +2.5
WLDR Affinity World Leaders Equity ETF 0.9 67 32 6.7 +3.6
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.9 46 53 6.1 +3.0
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.9 41 58 6.7 +3.6
KOKU Xtrackers MSCI Kokusai Equity ETF 0.9 9 90 4.6 +1.5
DIVN Horizon Dividend Income ETF 0.9 70 29 6.9 +3.9
AVSU Avantis Responsible U.S. Equity ETF 0.9 15 84 5.1 +2.1
MODL VictoryShares WestEnd U.S. Sector ETF 0.9 42 57 4.0 +0.9
XSMO Invesco S&P SmallCap Momentum ETF 0.8 39 60 4.1 +1.1
FLDZ RiverNorth Patriot ETF 0.8 75 24 5.8 +2.8
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.8 39 60 7.0 +3.9
DTD WisdomTree U.S. Total Dividend Fund 0.8 28 71 5.7 +2.7
SMDV ProShares Russell 2000 Dividend Growers ETF 0.8 40 59 7.3 +4.2
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.8 15 84 4.2 +1.2
KLMN Invesco MSCI North America Climate ETF 0.8 9 90 4.4 +1.3
VAMO Cambria Value & Momentum ETF 0.8 61 38 5.6 +2.6
IMTM iShares MSCI Intl Momentum Factor ETF 0.8 30 69 4.9 +1.8
PRAY FIS Christian Stock Fund 0.8 69 30 4.5 +1.5
HAPI Harbor Human Capital Factor US Large Cap ETF 0.8 36 63 4.3 +1.2
SGLC SGI U.S. Large Cap Core ETF 0.8 85 14 3.4 +0.3
TTAI FCF International Quality ETF 0.8 59 40 6.4 +3.4
EGLE Global X S&P 500 U.S. Revenue Leaders ETF 0.8 19 80 4.9 +1.8
CIL VictoryShares International Volatility Wtd ETF 0.8 45 54 5.9 +2.9
SPEU SPDR Portfolio Europe ETF 0.8 7 92 6.5 +3.4
SMOT VanEck Morningstar SMID Moat ETF 0.8 49 50 6.0 +3.0
DMXF iShares ESG Advanced MSCI EAFE ETF 0.8 12 87 5.2 +2.1
VO Vanguard Mid-Cap ETF 0.8 4 95 5.4 +2.4
XMAG Defiance Large Cap ex-Mag 7 ETF 0.8 35 64 4.6 +1.5
VUG Vanguard Growth ETF 0.8 4 95 3.3 +0.2
STXD Strive 1000 Dividend Growth ETF 0.8 35 64 4.3 +1.3
IMCG iShares Morningstar Mid-Cap Growth ETF 0.8 6 93 3.7 +0.7
LSAF LeaderShares AlphaFactor US Core Equity ETF 0.8 75 24 6.6 +3.6
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.8 14 85 5.7 +2.6
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.8 4 95 5.4 +2.3
SPXT ProShares S&P 500 Ex-Technology ETF 0.8 9 90 4.9 +1.9
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.8 75 24 3.3 +0.3
IVE iShares S&P 500 Value ETF 0.7 18 81 5.5 +2.5
SPYV State Street SPDR Portfolio S&P 500 Value ETF 0.7 4 95 5.7 +2.6
FQAL Fidelity Quality Factor ETF 0.7 15 84 4.9 +1.8
CGIE Capital Group International Equity ETF 0.7 54 45 4.4 +1.4
IUSV iShares Core S&P US Value ETF 0.7 4 95 5.8 +2.8
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.7 15 84 5.5 +2.4
CDL VictoryShares US Large Cap High Dividend Volatility Wtd ETF 0.7 35 64 7.3 +4.3
FSST Fidelity Sustainable U.S. Equity ETF 0.7 59 40 3.6 +0.6
FDMO Fidelity Momentum Factor ETF 0.7 15 84 3.1 +0.1
PSC Principal U.S. Small-Cap ETF 0.7 38 61 6.2 +3.1
CDC VictoryShares US EQ Income Enhanced Volatility Wtd ETF 0.7 38 61 7.3 +4.2
GEW Cambria Global EW ETF 0.7 29 70 5.5 +2.4
VONG Vanguard Russell 1000 Growth ETF 0.7 7 92 3.4 +0.4
DLN WisdomTree U.S. LargeCap Dividend Fund 0.7 28 71 5.4 +2.4
IWF iShares Russell 1000 Growth ETF 0.7 19 80 3.2 +0.1
VGK Vanguard FTSE Europe ETF 0.7 6 93 6.5 +3.5
RVRB Reverb ETF 0.7 30 69 4.0 +0.9
FFLC Fidelity Fundamental Large Cap Core ETF 0.7 38 61 3.9 +0.9
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.7 14 85 4.2 +1.2
XSHQ Invesco S&P SmallCap Quality ETF 0.7 29 70 6.9 +3.9
IEUR iShares Core MSCI Europe ETF 0.7 11 88 6.5 +3.4
NANC Unusual Whales Subversive Democratic Trading ETF 0.7 75 24 2.9 -0.2
FDRR Fidelity Dividend ETF for Rising Rates 0.7 15 84 6.2 +3.1
KLMT Invesco MSCI Global Climate 500 ETF 0.7 10 89 5.0 +2.0
IEV iShares Europe ETF 0.7 67 32 5.9 +2.9
IJK iShares S&P Mid-Cap 400 Growth ETF 0.7 17 82 5.1 +2.0
STXI Strive International Developed Markets ETF 0.7 29 70 5.8 +2.8
FBCG Fidelity Blue Chip Growth ETF 0.7 59 40 2.2 -0.8
MDY SPDR S&P Midcap 400 ETF Trust 0.7 24 75 6.3 +3.3
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.7 15 84 6.6 +3.6
IJH iShares Core S&P Mid-Cap ETF 0.7 5 94 6.5 +3.5
JOET Virtus Terranova US Quality Momentum ETF 0.7 29 70 4.3 +1.3
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 0.7 58 41 7.5 +4.5
VFMF Vanguard U.S. Multifactor ETF 0.7 18 81 6.9 +3.9
IWY iShares Russell Top 200 Growth ETF 0.7 20 79 3.2 +0.2
FTC First Trust Large Cap Growth AlphaDEX Fund 0.7 59 40 1.6 -1.4
FUNL CornerCap Fundametrics Large-Cap ETF 0.7 50 49 6.5 +3.5
IJJ iShares S&P Mid-Cap 400 Value ETF 0.7 18 81 8.0 +4.9
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.7 10 89 5.2 +2.2
TOPC iShares S&P 500 3% Capped ETF 0.7 15 84 4.5 +1.4
HFXI IQ FTSE International Equity Currency Neutral ETF 0.7 20 79 6.2 +3.2
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 0.6 15 84 5.1 +2.0
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.6 11 88 4.3 +1.2
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.6 65 34 7.3 +4.3
IVOO Vanguard S&P Mid-Cap 400 ETF 0.6 7 92 6.6 +3.5
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 0.6 3 96 6.6 +3.5
XSLV Invesco S&P SmallCap Low Volatility ETF 0.6 25 74 7.9 +4.9
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.6 25 74 7.2 +4.2
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.6 29 70 5.7 +2.7
VOTE TCW Transform 500 ETF 0.6 5 94 4.3 +1.2
JSTC Adasina Social Justice All Cap Global ETF 0.6 89 10 4.3 +1.3
PPTY US Diversified Real Estate ETF 0.6 53 46 7.9 +4.9
MDYV State Street SPDR S&P 400 Mid Cap Value ETF 0.6 15 84 8.0 +5.0
SCHV Schwab U.S. Large-Cap Value ETF 0.6 4 95 6.1 +3.0
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.6 10 89 8.1 +5.1
TPHD Timothy Plan High Dividend Stock ETF 0.6 52 47 6.6 +3.6
TPHE Timothy Plan High Dividend Stock Enhanced ETF 0.6 54 45 6.5 +3.5
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.6 20 79 5.0 +1.9
BKLC BNY Mellon US Large Cap Core Equity ETF 0.6 0 99 4.3 +1.2
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.6 7 92 4.2 +1.2
ACVF American Conservative Values ETF 0.6 75 24 3.7 +0.7
JPIN J.P. Morgan Diversified Return International Equity ETF 0.6 37 62 7.4 +4.4
ILCG iShares Morningstar Growth ETF 0.6 4 95 3.0 -0.0
SPXM Azoria 500 Meritocracy ETF 0.6 47 52 3.9 +0.8
OUSM ALPS O'Shares US Small-Cap Quality Dividend ETF 0.6 48 51 8.1 +5.0
VOOV Vanguard S&P 500 Value ETF 0.6 7 92 5.6 +2.6
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.6 29 70 3.9 +0.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.6 20 79 4.9 +1.8
FEP First Trust Europe AlphaDEX Fund 0.6 80 19 7.1 +4.0
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.6 2 97 4.3 +1.3
GSID Goldman Sachs MarketBeta International Equity ETF 0.6 20 79 6.0 +3.0
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.6 42 57 5.8 +2.7
EFG iShares MSCI EAFE Growth ETF 0.6 36 63 3.8 +0.7
VIGI Vanguard International Dividend Appreciation ETF 0.6 10 89 5.8 +2.8
IJT iShares S&P Small-Cap 600 Growth ETF 0.6 18 81 4.9 +1.8
MCDS JPMorgan Fundamental Data Science Mid Core ETF 0.6 35 64 5.1 +2.1
SCHF Schwab International Equity ETF 0.6 6 93 6.4 +3.4
DFSU Dimensional US Sustainability Core 1 ETF 0.6 18 81 4.6 +1.6
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.6 64 35 0.9 -2.1
TPSC Timothy Plan US Small Cap Core ETF 0.6 52 47 6.5 +3.4
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.6 35 64 6.8 +3.7
GSPY Gotham Enhanced 500 ETF 0.6 50 49 4.5 +1.5
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.6 80 19 7.8 +4.7
DSPY Tema S&P 500 Historical Weight ETF 0.6 18 81 4.5 +1.5
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.6 80 19 3.6 +0.6
IDEV iShares Core MSCI International Developed Markets ETF 0.6 4 95 6.2 +3.2
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.6 10 89 5.0 +2.0
INRO iShares U.S. Industry Rotation Active ETF 0.6 42 57 4.0 +0.9
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 0.6 15 84 4.9 +1.9
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.6 7 92 5.3 +2.2
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.6 9 90 4.6 +1.6
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.6 58 41 6.1 +3.0
IQDG WisdomTree International Quality Dividend Growth Fund 0.6 42 57 6.2 +3.1
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.6 36 63 6.0 +3.0
GXLC Global X U.S. 500 ETF 0.6 2 97 4.2 +1.1
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.6 9 90 4.2 +1.2
TOK iShares MSCI Kokusai ETF 0.6 26 73 4.4 +1.3
STXV Strive 1000 Value ETF 0.6 18 81 7.4 +4.3
STRV Strive 500 ETF 0.6 5 94 4.2 +1.1
SPXV ProShares S&P 500 Ex-Health Care ETF 0.6 9 90 4.1 +1.0
ULVM VictoryShares US Value Momentum ETF 0.6 20 79 6.7 +3.7
WTRE WisdomTree New Economy Real Estate Fund 0.6 58 41 5.1 +2.1
FDEV Fidelity International Multifactor ETF 0.6 18 81 6.7 +3.7
JHML John Hancock Multifactor Large Cap ETF 0.6 29 70 4.7 +1.7
VEA Vanguard FTSE Developed Markets ETF 0.5 3 96 6.3 +3.3
RSP Invesco S&P 500 Equal Weight ETF 0.5 20 79 6.1 +3.0
URTH iShares MSCI World ETF 0.5 24 75 4.5 +1.4
ALRG Allspring LT Large Core ETF 0.5 28 71 3.8 +0.8
VSGX Vanguard ESG International Stock ETF 0.5 10 89 6.9 +3.9
IYY iShares Dow Jones U.S. ETF 0.5 20 79 4.1 +1.1
SPDW SPDR Portfolio Developed World ex-US ETF 0.5 3 96 6.2 +3.2
SFY SoFi Select 500 ETF 0.5 0 99 3.8 +0.8
CATH Global X S&P 500 Catholic Values Custom ETF 0.5 29 70 4.0 +1.0
IVV iShares Core S&P 500 ETF 0.5 3 96 4.3 +1.2
VV Vanguard Large-Cap ETF 0.5 4 95 4.2 +1.2
UIVM VictoryShares International Value Momentum ETF 0.5 35 64 7.8 +4.7
SPY SPDR S&P 500 ETF 0.5 9 90 4.2 +1.2
SPYM State Street SPDR Portfolio S&P 500 ETF 0.5 2 97 4.3 +1.2
IWL iShares Russell Top 200 ETF 0.5 15 84 3.9 +0.8
ESGD iShares ESG Aware MSCI EAFE ETF 0.5 20 79 5.9 +2.9
VONE Vanguard Russell 1000 ETF 0.5 7 92 4.3 +1.3
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.5 3 96 4.2 +1.2
PBUS Invesco MSCI USA ETF 0.5 4 95 4.3 +1.2
TOV JLens 500 Jewish Advocacy U.S. ETF 0.5 18 81 4.0 +1.0
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.5 29 70 7.4 +4.4
IWB iShares Russell 1000 ETF 0.5 15 84 4.2 +1.2
DFUS Dimensional U.S. Equity ETF 0.5 9 90 4.2 +1.1
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.5 3 96 4.5 +1.4
ILCB iShares Morningstar U.S. Equity ETF 0.5 3 96 4.2 +1.2
VTI Vanguard Total Stock Market ETF 0.5 3 96 4.3 +1.2
QVML Invesco S&P 500 QVM Multi-factor ETF 0.5 11 88 4.4 +1.4
SPXE ProShares S&P 500 Ex-Energy ETF 0.5 9 90 4.1 +1.1
EPS WisdomTree U.S. LargeCap Fund 0.5 8 91 5.0 +2.0
VTHR Vanguard Russell 3000 ETF 0.5 7 92 4.2 +1.2
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.5 25 74 4.8 +1.8
IWV iShares Russell 3000 ETF 0.5 20 79 4.1 +1.1
XJR iShares ESG Screened S&P Small-Cap ETF 0.5 12 87 7.0 +3.9
NZUS State Street SPDR MSCI USA Climate Paris Aligned ETF 0.5 10 89 3.6 +0.6
STXG Strive 1000 Growth ETF 0.5 18 81 3.1 +0.1
IWR iShares Russell Midcap ETF 0.5 19 80 5.6 +2.6
CHRI Global X S&P 500 Christian Values ETF 0.5 29 70 4.0 +0.9
DIVB iShares Core Dividend ETF 0.5 5 94 7.5 +4.4
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.5 8 91 4.3 +1.3
FEX First Trust Large Cap Core AlphaDEX Fund 0.5 59 40 5.2 +2.2
MGC Vanguard Mega Cap ETF 0.5 7 92 4.0 +0.9
SPYX State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.5 20 79 4.0 +1.0
ACWI iShares MSCI ACWI ETF 0.5 32 67 4.8 +1.8
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.5 20 79 5.6 +2.6
IMCB iShares Morningstar Mid-Cap ETF 0.5 4 95 5.7 +2.6
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.5 15 84 7.1 +4.0
LCLG Logan Capital Broad Innovative Growth ETF 0.5 99 0 3.0 -0.0
RAUS RACWI US ETF 0.5 15 84 4.3 +1.2
VOO Vanguard S&P 500 ETF 0.5 3 96 4.3 +1.3
VT Vanguard Total World Stock ETF 0.5 6 93 5.2 +2.2
DFAU Dimensional US Core Equity Market ETF 0.5 12 87 4.4 +1.4
ILCV iShares Morningstar Value ETF 0.5 4 95 5.7 +2.6
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.5 46 53 8.8 +5.7
HYP Golden Eagle Dynamic Hypergrowth ETF 0.5 85 14 -1.2 -4.2
SGDM Sprott Gold Miners ETF 0.5 50 49 2.3 -0.7
EPU iShares MSCI Peru and Global Exposure ETF 0.5 59 40 4.8 +1.8
EWC iShares MSCI Canada ETF 0.5 50 49 5.3 +2.3
MXI iShares Global Materials ETF 0.5 41 58 6.6 +3.6
RING iShares MSCI Global Gold Miners ETF 0.5 39 60 3.2 +0.2
SLVP iShares MSCI Global Silver Miners ETF 0.5 39 60 3.6 +0.6
GNR SPDR S&P Global Natural Resources ETF 0.5 40 59 9.6 +6.5
NANR SPDR S&P North American Natural Resources ETF 0.5 35 64 7.3 +4.3
GOAU U.S. Global GO GOLD and Precious Metal Miners ETF 0.5 60 39 2.4 -0.7
SILJ ETFMG Prime Junior Silver Miners ETF 0.5 69 30 0.3 -2.7
UMMA Wahed Dow Jones Islamic World ETF 0.5 65 34 4.1 +1.1
FTWO Strive FAANG 2.0 ETF 0.5 49 50 3.9 +0.9
AGMI Themes Silver Miners ETF 0.5 35 64 3.3 +0.3
FEGE First Eagle Global Equity ETF 0.5 79 20 5.9 +2.8
FEOE First Eagle Overseas Equity ETF 0.5 79 20 6.2 +3.2
GPT Intelligent Alpha Atlas ETF 0.5 69 30 5.0 +2.0
ITOL Tema International Durable Quality ETF 0.5 60 39 4.8 +1.8
VBK Vanguard Small-Cap Growth ETF 0.5 7 92 1.6 -1.5
FBCV Fidelity Blue Chip Value ETF 0.5 59 40 6.6 +3.6
AVUS Avantis U.S. Equity ETF 0.5 15 84 5.1 +2.0
ESIX State Street SPDR S&P SmallCap 600 ESG ETF 0.5 12 87 7.4 +4.4
EQAL Invesco Russell 1000 Equal Weight ETF 0.5 20 79 6.6 +3.5
USXF iShares ESG Advanced MSCI USA ETF 0.5 10 89 4.0 +1.0
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.5 20 79 4.4 +1.3
DIHP Dimensional International High Profitability ETF 0.4 29 70 6.0 +2.9
IJR iShares Core S&P Small Cap ETF 0.4 6 93 7.0 +4.0
IVLU iShares MSCI Intl Value Factor ETF 0.4 30 69 9.0 +5.9
EFA iShares MSCI EAFE ETF 0.4 35 64 5.9 +2.9
ETHO Etho Climate Leadership U.S. ETF 0.4 47 52 4.9 +1.9
DFSI Dimensional International Sustainability Core 1 ETF 0.4 24 75 5.6 +2.6
VB Vanguard Small-Cap ETF 0.4 5 94 5.5 +2.5
IEFA iShares Core MSCI EAFE ETF 0.4 7 92 6.3 +3.2
SCZ iShares MSCI EAFE Small-Cap ETF 0.4 40 59 6.4 +3.4
FNX First Trust Mid Cap Core AlphaDEX Fund 0.4 60 39 6.3 +3.2
IWX iShares Russell Top 200 Value ETF 0.4 20 79 5.4 +2.4
EZM WisdomTree U.S. MidCap Fund 0.4 38 61 7.9 +4.8
SCHX Schwab U.S. Large-Cap ETF 0.4 3 96 4.3 +1.3
SCHK Schwab 1000 Index ETF 0.4 5 94 4.3 +1.3
SCHB Schwab U.S. Broad Market ETF 0.4 3 96 4.3 +1.3
ESGV Vanguard ESG U.S. Stock ETF 0.4 9 90 4.1 +1.1
VBR Vanguard Small Cap Value ETF 0.4 7 92 8.3 +5.2
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 0.4 3 96 7.1 +4.0
JHMM John Hancock Multifactor Mid Cap ETF 0.4 42 57 5.6 +2.6
LCDS JPMorgan Fundamental Data Science Large Core ETF 0.4 30 69 4.1 +1.0
FENI Fidelity Enhanced International ETF 0.4 28 71 5.8 +2.7
VEU Vanguard FTSE All-World ex-US Index Fund 0.4 4 95 7.1 +4.0
VIOO Vanguard S&P Small-Cap 600 ETF 0.4 7 92 7.0 +4.0
ACWX iShares MSCI ACWI ex U.S. ETF 0.4 34 65 6.7 +3.6
ESGG FlexShares STOXX Global ESG Select Index Fund 0.4 42 57 4.8 +1.7
JHMD John Hancock Multifactor Developed International ETF 0.4 39 60 6.7 +3.6
PRXV Praxis Impact Large Cap Value ETF 0.4 36 63 6.0 +3.0
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.4 12 87 6.7 +3.6
FNDA Schwab Fundamental US Small Co. Index ETF 0.4 25 74 7.1 +4.0
IWO iShares Russell 2000 Growth ETF 0.4 24 75 0.7 -2.4
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.4 30 69 6.2 +3.1
VXUS Vanguard Total International Stock ETF 0.4 5 94 7.0 +4.0
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 0.4 60 39 4.4 +1.3
EUDG WisdomTree Europe Quality Dividend Growth Fund 0.4 58 41 5.9 +2.9
IXUS iShares Core MSCI Total International Stock ETF 0.4 7 92 6.9 +3.9
VTWG Vanguard Russell 2000 Growth ETF 0.4 10 89 0.8 -2.2
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.4 20 79 6.0 +2.9
XVV iShares ESG Screened S&P 500 ETF 0.4 8 91 4.1 +1.1
GVUS Marketbeta Russell 1000 Value Equity ETF 0.4 12 87 5.9 +2.9
SCDS JPMorgan Fundamental Data Science Small Core ETF 0.4 40 59 4.4 +1.4
SQLV Royce Quant Small-Cap Quality Value ETF 0.4 60 39 8.7 +5.7
VTV Vanguard Value ETF 0.4 4 95 6.2 +3.2
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.4 9 90 3.7 +0.6
CWI SPDR MSCI ACWI ex-US ETF 0.4 30 69 6.7 +3.6
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 0.4 60 39 -0.9 -3.9
AVMC Avantis U.S. Mid Cap Equity ETF 0.4 18 81 6.2 +3.1
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.4 39 60 4.6 +1.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.4 9 90 5.0 +1.9
IUSG iShares Core S&P U.S. Growth ETF 0.4 4 95 3.4 +0.3
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.4 39 60 2.9 -0.2
JHSC John Hancock Multifactor Small Cap ETF 0.4 42 57 6.1 +3.1
VOOG Vanguard S&P 500 Growth ETF 0.4 7 92 3.3 +0.3
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.4 30 69 6.0 +3.0
AVDV Avantis International Small Cap Value ETF 0.4 36 63 8.0 +5.0
VONV Vanguard Russell 1000 Value ETF 0.4 7 92 5.9 +2.9
IWD iShares Russell 1000 Value ETF 0.3 19 80 5.8 +2.7
SPYG State Street SPDR Portfolio S&P 500 Growth ETF 0.3 4 95 3.3 +0.2
IVW iShares S&P 500 Growth ETF 0.3 18 81 3.1 +0.1
SCHA Schwab U.S. Small-Cap ETF 0.3 4 95 5.2 +2.1
DFAI Dimensional International Core Equity Market ETF 0.3 18 81 6.2 +3.2
DGRO iShares Core Dividend Growth ETF 0.3 8 91 5.9 +2.9
ISCG iShares Morningstar Small-Cap Growth ETF 0.3 6 93 2.6 -0.4
SCHG Schwab U.S. Large-Cap Growth ETF 0.3 4 95 3.1 +0.0
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.3 10 89 3.6 +0.5
DCOR Dimensional US Core Equity 1 ETF 0.3 14 85 4.7 +1.7
FSMD Fidelity Small-Mid Multifactor ETF 0.3 15 84 6.3 +3.3
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.3 24 75 6.8 +3.8
MGK Vanguard Mega Cap Growth ETF 0.3 7 92 3.3 +0.3
DFAC Dimensional U.S. Core Equity 2 ETF 0.3 17 82 4.8 +1.8
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.3 80 19 9.9 +6.9
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.3 10 89 4.5 +1.5
OALC OneAscent Large Cap Core ETF 0.3 86 13 3.4 +0.4
AVMV Avantis U.S. Mid Cap Value ETF 0.3 20 79 7.9 +4.8
EFV iShares MSCI EAFE Value ETF 0.3 34 65 7.9 +4.9
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.3 35 64 5.9 +2.9
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 0.3 32 67 5.5 +2.5
SMMD iShares Russell 2500 ETF 0.3 15 84 6.1 +3.1
IPKW Invesco International BuyBack Achievers ETF 0.3 55 44 8.1 +5.0
ISCF iShares International SmallCap Equity Factor ETF 0.3 23 76 7.6 +4.6
SCHC Schwab International Small-Cap Equity ETF 0.3 11 88 7.0 +3.9
RSSL Global X Russell 2000 ETF 0.3 8 91 3.3 +0.3
ONEY State Street SPDR Russell 1000 Yield Focus ETF 0.3 20 79 9.5 +6.5
IJS iShares S&P Small-Cap 600 Value ETF 0.3 18 81 9.1 +6.1
RWL Invesco S&P 500 Revenue ETF 0.3 39 60 6.1 +3.1
RWK Invesco S&P MidCap 400 Revenue ETF 0.3 39 60 8.6 +5.5
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.3 32 67 4.3 +1.3
SLYV State Street SPDR S&P 600 Small Cap Value ETF 0.3 15 84 9.1 +6.1
DGRW WisdomTree US Quality Dividend Growth Fund 0.3 28 71 4.9 +1.9
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 0.3 35 64 6.6 +3.5
DFVX Dimensional US Large Cap Vector ETF 0.3 22 77 5.4 +2.4
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.3 10 89 9.1 +6.0
STXM Strive Mid-Cap ETF 0.3 18 81 5.8 +2.7
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.3 52 47 5.1 +2.1
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.3 58 41 5.0 +2.0
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.2 45 54 7.7 +4.7
PTL Inspire 500 ETF 0.2 9 90 4.8 +1.8
PRF Invesco FTSE RAFI US 1000 ETF 0.2 39 60 6.1 +3.0
DFAS Dimensional U.S. Small Cap ETF 0.2 26 73 6.1 +3.1
DHS WisdomTree U.S. High Dividend Fund 0.2 38 61 7.5 +4.4
JIVE JPMorgan International Value ETF 0.2 55 44 10.0 +6.9
VYMI Vanguard International High Dividend Yield ETF 0.2 17 82 8.4 +5.3
DFIC Dimensional International Core Equity 2 ETF 0.2 23 76 6.5 +3.5
FNDC Schwab Fundamental International Small Co. Index ETF 0.2 39 60 5.5 +2.4
IWM iShares Russell 2000 ETF 0.2 19 80 3.3 +0.3
BFOR ALPS Barron's 400 ETF 0.2 65 34 5.1 +2.1
IMCV iShares Morningstar Mid-Cap Value ETF 0.2 6 93 7.5 +4.4
VTWO Vanguard Russell 2000 ETF 0.2 7 92 3.5 +0.4
SCHM Schwab U.S. Mid-Cap ETF 0.2 4 95 6.3 +3.3
QWLD SPDR MSCI World StrategicFactors ETF 0.2 30 69 5.2 +2.2
OPTZ Optimize Strategy Index ETF 0.2 50 49 4.3 +1.3
SHUS Syntax Stratified U.S. Total Market Hedged ETF 0.2 65 34 5.8 +2.7
SSPY Syntax Stratified LargeCap ETF 0.2 30 69 6.1 +3.1
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 8 91 6.7 +3.7
INTF iShares International Equity Factor ETF 0.2 15 84 6.7 +3.7
GLOF iShares Global Equity Factor ETF 0.2 20 79 6.0 +3.0
XJH iShares ESG Screened S&P Mid-Cap ETF 0.2 12 87 6.4 +3.4
IGRO iShares International Dividend Growth ETF 0.2 15 84 6.4 +3.4
ISCB iShares Morningstar Small-Cap ETF 0.2 4 95 5.3 +2.3
BKSE BNY Mellon US Small Cap Core Equity ETF 0.2 4 95 5.4 +2.3
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.2 7 92 4.5 +1.4
IUS Invesco RAFI Strategic US ETF 0.2 19 80 6.1 +3.1
FNDB Schwab Fundamental US Broad Market Index ETF 0.2 25 74 6.6 +3.5
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.2 12 87 3.4 +0.4
DEUS Xtrackers Russell US Multifactor ETF 0.2 17 82 6.2 +3.2
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.2 18 81 7.2 +4.1
PRXG Praxis Impact Large Cap Growth ETF 0.2 36 63 2.8 -0.2
IWS iShares Russell Mid-Cap Value ETF 0.2 23 76 6.5 +3.5
ISMD Inspire Small/Mid Cap ETF 0.2 54 45 5.0 +1.9
DIM WisdomTree International MidCap Dividend Fund 0.2 58 41 6.6 +3.6
FNDX Schwab Fundamental US Large Co. Index ETF 0.2 25 74 6.6 +3.5
EES WisdomTree U.S. SmallCap Fund 0.2 38 61 7.9 +4.8
SHE State Street SPDR MSCI USA Gender Diversity ETF 0.2 20 79 4.6 +1.6
FTA First Trust Large Cap Value AlphaDEX Fund 0.2 59 40 8.1 +5.0
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.2 45 54 6.2 +3.2
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.1 30 69 6.8 +3.8
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.1 39 60 9.0 +5.9
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 78 3.1 +0.1
TXS Texas Capital Texas Equity Index ETF 0.1 49 50 5.4 +2.4
FLQS Franklin U.S. Small Cap Multifactor Index ETF 0.1 35 64 6.7 +3.7
DXUV Dimensional US Vector Equity ETF 0.1 28 71 5.4 +2.3
FNK First Trust Mid Cap Value AlphaDEX Fund 0.1 70 29 9.8 +6.7
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 50 6.4 +3.3
APUE ActivePassive U.S. Equity ETF 0.1 45 54 4.0 +0.9
DEW WisdomTree Global High Dividend Fund 0.1 58 41 7.8 +4.7
DWM WisdomTree International Equity Fund 0.1 48 51 6.5 +3.5
FAB First Trust Multi Cap Value AlphaDEX Fund 0.1 67 32 9.1 +6.1
QUS State Street SPDR MSCI USA StrategicFactors ETF 0.1 15 84 5.0 +2.0
FNDF Schwab Fundamental International Large Co. Index ETF 0.1 25 74 8.5 +5.4
HDUS Hartford Disciplined US Equity ETF 0.1 19 80 5.0 +2.0
VFVA Vanguard U.S. Value Factor ETF 0.1 13 86 9.7 +6.6
HKND Humankind US Stock ETF 0.1 11 88 6.4 +3.4
ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF 0.1 20 79 7.4 +4.4
STXK Strive Small-Cap ETF 0.1 18 81 5.6 +2.5
DFUV Dimensional US Marketwide Value ETF 0.1 22 77 6.6 +3.6
DES WisdomTree U.S. SmallCap Dividend Fund 0.1 38 61 8.6 +5.5
GWX SPDR S&P International Small Cap ETF 0.1 40 59 6.1 +3.1
FYX First Trust Small Cap Core AlphaDEX Fund 0.1 61 38 5.3 +2.3
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.1 40 59 6.6 +3.6
DOL WisdomTree International LargeCap Dividend Fund 0.1 48 51 6.3 +3.3
SCHD Schwab US Dividend Equity ETF 0.1 6 93 9.2 +6.2
EZU iShares MSCI Eurozone ETF 0.1 52 47 5.8 +2.8
DXIV Dimensional International Vector Equity ETF 0.1 34 65 6.8 +3.8
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 80 5.5 +2.4
AVUQ Avantis U.S. Quality ETF 0.1 15 84 3.6 +0.5
AVSC Avantis U.S Small Cap Equity ETF 0.1 25 74 4.9 +1.8
ISCV iShares Morningstar Small Cap Value ETF 0.0 6 93 7.9 +4.8
DFLV Dimensional US Large Cap Value ETF 0.0 22 77 6.7 +3.7
AVDS Avantis International Small Cap Equity ETF 0.0 30 69 6.2 +3.1
EBI Longview Advantage ETF 0.0 35 64 5.9 +2.9
HLGE Hartford Longevity Economy ETF 0.0 44 55 5.5 +2.5
SMLF iShares U.S. SmallCap Equity Factor ETF 0.0 15 84 5.5 +2.4
AVLV Avantis U.S. Large Cap Value ETF 0.0 15 84 6.9 +3.8
LGDX Intech S&P Large Cap Diversified Alpha ETF 0.0 25 74 4.2 +1.1
DTH WisdomTree International High Dividend Fund 0.0 58 41 7.6 +4.5
PFM Invesco Dividend Achievers ETF 0.0 53 46 4.7 +1.7
SPDG State Street SPDR Portfolio S&P Sector Neutral Dividend ETF 0.0 5 94 7.4 +4.3
IWN iShares Russell 2000 Value ETF 0.0 24 75 6.1 +3.1
VTWV Vanguard Russell 2000 Value ETF 0.0 10 89 6.2 +3.1
DFAT Dimensional U.S. Targeted Value ETF 0.0 28 71 9.3 +6.2
VIG Vanguard Dividend Appreciation ETF 0.0 5 94 4.9 +1.9
THRO iShares U.S. Thematic Rotation Active ETF 0.0 90 9 3.1 +0.0

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

  2020 2021 2022 2023 2024 2025E 2026E
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
  2024 2025E 2026E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 Tema Alternative Asset Managers ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 10.8 %
Divided by: Fwd. P/BV 2.7 x
Less: Expense ratio 99 bp
Equals: ALTAR Score 3.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.58 CATEGORY
AVERAGE		 1.58
 
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.