ALPS Clean Energy ETF
ALTAR
Score™		 -0.6% info Recommen-
dation		 AVOID
2022E    2023E
P/E
ratio		 -1,499.7x P/Sales
ratio		 1.9x
P/BV
ratio		 2.6x Div.
yield		 1.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
ACES tracks an index of US- and Canada-listed companies in the clean energy industry.

FUND BASICS
Category US Equities
Fund Sponsor ALPS
Website www.alpsfunds.com
Inception date Jun 27, 2018
Assets (mns) $622
Currency USD
Expense ratio 55 bp
Distributions Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 45
Wgt avg mkt cap (mns) $45,727
Large cap (>$10bn) 14.2%
Mid cap ($2-10bn) 64.1%
Small cap (<$2bn) 19.9%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ENPHASE ENERGY INC 6.8 %
FIRST SOLAR INC 5.4 %
SUNRUN INC. 5.3 %
BROOKFIELD RENEWABLE PARTNERS LP 5.2 %
NORTHLAND POWER INC 5.1 %
NEXTERA ENERGY PARTNERS LP 5.1 %
TESLA MOTORS INC 4.5 %
LUCID GROUP, INC. 4.3 %
LIVENT CORPORATION 4.1 %
PLUG POWER INC 4.0 %
Total 50.0 %

TOP COUNTRY EXPOSURE
UNITED STATES 79.3 %
CANADA 15.3 %
BERMUDA 5.3 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-23.9% -35.4% -- -- 19.2%

Market Correlations
versus... Beta R-squared
S&P500 1.42 44%
MSCI EAFE 1.31 38%
MSCI Emg. Mkts. 1.29 39%

Technical Indicators
Recent close $48.62
30d moving avg. $50.88
Annualized volatility 39.8%
Short interest (ETF) 0.1%
Short interest (Underlying) 7.9%
Relative strength (RSI) 52

Liquidity measures
Avg. volume (thou.) 148
Turnover 1.2%
Bid/Ask (% of price) 0.21%
ADV underlying (mns) $26,132

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 541 potential alternatives to the ALPS Clean Energy ETF ETF based on the alternatives' overlap in portfolio holdings with ACES. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: ACES Expense: 55 bp ALTAR Score™: -0.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH ACES
Ticker Fund
Name		 Overlap1
vs ACES
(%)		 Expense
ratio
(bp)		 Savings
vs ACES
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs ACES
(%)
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 39.1 60 -5 -1.0 -0.4
FRNW Fidelity Clean Energy ETF 32.6 39 16 1.9 +2.6
PBW Invesco WilderHill Clean Energy ETF 26.8 61 -6 -8.1 -7.4
ICLN iShares Global Clean Energy ETF 26.7 42 13 1.8 +2.4
TAN Invesco Solar ETF 25.6 69 -14 1.8 +2.5
RNRG Global X Renewable Energy Producers ETF 24.2 65 -10 2.8 +3.5
CTEC Global X CleanTech ETF 23.6 50 5 1.4 +2.0
VCLN Virtus Duff & Phelps Clean Energy ETF 23.2 59 -4 0.0 +0.6
SHFT iClima Distributed Renewable Energy Transition Leaders ETF 21.1 65 -10 -1.7 -1.1
CNRG SPDR S&P Kensho Clean Power ETF 20.9 45 10 1.8 +2.5
SMOG VanEck Low Carbon Energy ETF 19.0 62 -7 1.9 +2.5
PBD Invesco Global Clean Energy ETF 18.4 75 -20 -0.4 +0.2
BNE Blue Horizon BNE ETF 17.6 87 -32 2.2 +2.8
RAYS Global X Solar ETF 17.4 50 5 1.8 +2.4
ERTH Invesco MSCI Sustainable Future ETF 17.3 55 0 4.1 +4.8
WWOW Direxion World Without Waste ETF 16.2 50 5 0.2 +0.9
MVPS Amplify Thematic All-Stars ETF 15.9 49 6 2.3 +3.0
NZRO Strategy Shares Halt Climate Change ETF 15.8 95 -40 1.9 +2.6
SOLR SmartETFs Sustainable Energy II Fund 15.5 79 -24 4.3 +5.0
DTOX Amplify Cleaner Living ETF 15.0 59 -4 -0.9 -0.3
FAN First Trust Global Wind Energy ETF 14.2 62 -7 4.1 +4.7
BATT Amplify Lithium & Battery Technology ETF 13.8 59 -4 2.3 +2.9
CLMA iClima Global Decarbonization Transition Leaders ETF 13.7 65 -10 2.1 +2.7
ZGEN Generation Z ETF 12.8 60 -5 -5.9 -5.3
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 12.7 70 -15 5.0 +5.6
FDRV Fidelity Electric Vehicles and Future Transportation ETF 12.2 39 16 -1.1 -0.5
WNDY Global X Wind Energy ETF 11.7 50 5 3.0 +3.6
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 11.1 45 10 3.3 +3.9
SFYF SoFi 50 ETF 10.7 29 26 -2.8 -2.1
ECLN First Trust EIP Carbon Impact ETF 9.9 97 -42 3.5 +4.1
ETHO Etho Climate Leadership U.S. ETF 8.3 48 7 5.0 +5.7
ECOZ TrueMark ESG Active Opportunities ETF 8.3 58 -3 5.3 +5.9
SIMS SPDR S&P Kensho Intelligent Structures ETF 8.1 45 10 2.6 +3.2
BUZZ VanEck Social Sentiment ETF 7.3 75 -20 -1.8 -1.2
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde 7.3 70 -15 4.5 +5.1
IQM Franklin Intelligent Machines ETF 7.1 50 5 4.0 +4.7
CARZ First Trust NASDAQ Global Auto Index Fund 7.0 70 -15 6.1 +6.8
FXN First Trust Energy AlphaDEX Fund 6.5 64 -9 9.5 +10.1
SPRX Spear Alpha ETF 6.4 75 -20 1.8 +2.4
FFND Future Fund Active ETF 6.3 101 -46 2.5 +3.1
HYDR Global X Hydrogen ETF 6.1 50 5 -19.0 -18.4
GK AdvisorShares Gerber Kawasaki ETF 6.1 81 -26 4.9 +5.5
DRIV Global X Autonomous & Electric Vehicles ETF 5.8 68 -13 5.0 +5.6
HAIL SPDR S&P Kensho Smart Mobility ETF 5.7 45 10 3.5 +4.2
RPG Invesco S&P 500 Pure Growth ETF 5.5 35 20 7.5 +8.2
IDRV iShares Self-driving EV & Tech ETF 5.3 47 8 7.9 +8.5
EMLP First Trust North American Energy Infrastructure Fund 5.1 96 -41 5.2 +5.8
CLNR IQ Cleaner Transport ETF 5.1 45 10 7.6 +8.2
UBCB UBC Algorithmic Fundamentals ETF 5.0 75 -20 5.0 +5.6
LIT Global X Lithium & Battery Tech ETF 4.8 75 -20 3.0 +3.6
VCR Vanguard Consumer Discretionary Index Fund 4.7 10 45 6.0 +6.6
FDIS Fidelity MSCI Consumer Discretionary Index ETF 4.7 8 47 6.1 +6.7
KOMP SPDR Kensho New Economies Composite ETF 4.7 20 35 1.3 +2.0
SFY SoFi Select 500 ETF 4.6 0 55 6.4 +7.0
VEGN US Vegan Climate ETF 4.6 60 -5 6.1 +6.7
IYC iShares U.S. Consumer Services ETF 4.6 43 12 4.7 +5.3
JHMC John Hancock Multifactor Consumer Discretionary ETF 4.6 40 15 5.8 +6.5
RXI iShares Global Consumer Discretionary ETF 4.5 43 12 5.7 +6.4
XLY Consumer Discretionary Select Sector SPDR Fund 4.5 10 45 5.5 +6.1
NULG Nuveen ESG Large-Cap Growth ETF 4.5 25 30 5.2 +5.8
CGGR Capital Group Growth ETF 4.5 39 16 5.1 +5.7
LUXE Emles Luxury Goods ETF 4.5 60 -5 4.5 +5.1
TIME Clockwise Capital Innovation ETF 4.5 95 -40 3.4 +4.0
FDG American Century Focused Dynamic Growth ETF 4.5 45 10 3.3 +3.9
VBB Valkyrie Balance Sheet Opportunities ETF 4.5 75 -20 -2.4 -1.8
ARKQ Ark Autonomous Tech. & Robotics ETF 4.5 75 -20 -2.6 -2.0
ARKK ARK Innovation ETF 4.5 75 -20 -6.8 -6.1
ARKW ARK Web x.0 ETF 4.5 83 -28 -15.1 -14.5
MOTO SmartETFs Smart Transportation & Technology ETF 4.5 68 -13 7.7 +8.3
MOON Direxion Moonshot Innovators ETF 4.5 65 -10 -20.4 -19.7
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 4.4 21 34 4.3 +4.9
XSD SPDR S&P Semiconductor ETF 4.4 35 20 6.4 +7.0
NUSC Nuveen ESG Small-Cap ETF 4.4 30 25 6.2 +6.9
QYLD Global X NASDAQ 100 Covered Call ETF 4.4 60 -5 5.3 +5.9
QRMI Global X NASDAQ 100 Risk Managed Income ETF 4.3 60 -5 5.3 +5.9
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 4.3 60 -5 5.4 +6.0
DTEC ALPS Disruptive Technologies ETF 4.3 50 5 4.3 +5.0
NUSI Nationwide Risk-Managed Income ETF 4.2 68 -13 6.0 +6.6
FBCG Fidelity Blue Chip Growth ETF 4.2 59 -4 2.9 +3.5
QQQM Invesco NASDAQ 100 ETF 4.2 15 40 6.2 +6.8
QQQ Invesco QQQ Trust 4.2 20 35 6.0 +6.7
QCLR Global X NASDAQ 100 Collar 95-110 ETF 4.1 60 -5 5.0 +5.7
QTR Global X NASDAQ 100 Tail Risk ETF 4.1 60 -5 5.2 +5.9
TMFC Motley Fool 100 Index ETF 4.1 50 5 5.0 +5.6
PSCM Invesco S&P SmallCap Materials ETF 4.1 29 26 6.9 +7.6
REMX VanEck Rare Earth/Strategic Metals ETF 4.1 59 -4 3.4 +4.0
MGK Vanguard Mega Cap Growth ETF 4.1 7 48 5.5 +6.2
HJEN Direxion Hydrogen ETF 4.0 45 10 -2.0 -1.3
HDRO Defiance Next Gen H2 ETF 4.0 30 25 -4.8 -4.2
DIV Global X SuperDividend US ETF 4.0 45 10 6.4 +7.0
SCHG Schwab U.S. Large-Cap Growth ETF 4.0 4 51 5.0 +5.6
RUFF Alpha Dog ETF 4.0 90 -35 5.4 +6.0
IWY iShares Russell Top 200 Growth ETF 4.0 20 35 6.2 +6.8
ILCG iShares Morningstar Growth ETF 3.9 4 51 4.9 +5.5
HLAL Wahed FTSE USA Shariah ETF 3.9 50 5 5.9 +6.5
PABU iShares Paris-Aligned Climate MSCI USA ETF 3.8 10 45 5.9 +6.6
VOOG Vanguard S&P 500 Growth ETF 3.8 10 45 6.1 +6.7
IVW iShares S&P 500 Growth ETF 3.8 18 37 6.0 +6.6
SPYG SPDR Portfolio S&P 500 Growth ETF 3.8 4 51 6.1 +6.8
QQQA ProShares Nasdaq-100 Dorsey Wright Momentum ETF 3.8 58 -3 4.1 +4.8
LGBT LGBTQ + ESG100 ETF 3.7 75 -20 0.0 +0.6
FTQI First Trust Nasdaq BuyWrite Income ETF 3.7 85 -30 4.1 +4.7
ACSI American Customer Satisfaction Core Alpha ETF 3.7 66 -11 5.3 +5.9
PWB Invesco Dynamic Large Cap Growth ETF 3.6 56 -1 5.0 +5.7
IUSG iShares Core S&P US Growth ETF 3.6 4 51 6.2 +6.8
VUG Vanguard Growth Index Fund 3.6 4 51 5.3 +5.9
SPQQ Siren Large Cap Blend Index ETF 3.6 20 35 0.0 +0.6
SUSL iShares ESG MSCI USA Leaders ETF 3.6 10 45 6.4 +7.0
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 3.5 10 45 6.4 +7.1
VONG Vanguard Russell 1000 Growth Index Fund 3.5 8 47 6.0 +6.7
IWF iShares Russell 1000 Growth ETF 3.5 19 36 5.9 +6.5
ESG FlexShares STOXX US ESG Impact Index Fund 3.5 32 23 6.4 +7.0
PRN Invesco DWA Industrials Momentum ETF 3.5 60 -5 7.6 +8.2
DSI iShares MSCI KLD 400 Social ETF 3.4 25 30 6.4 +7.0
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 3.3 60 -5 5.9 +6.5
NZUS SPDR MSCI USA Climate Paris Aligned ETF 3.3 10 45 6.0 +6.7
PZLG Puzzle Mature Growth 3.3 10 45 4.9 +5.5
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 3.3 49 6 5.7 +6.3
XLG Invesco S&P 500 Top 50 ETF 3.3 20 35 5.8 +6.5
REM iShares Mortgage Real Estate ETF 3.3 48 7 14.5 +15.2
MORT VanEck Mortgage REIT Income ETF 3.3 40 15 13.5 +14.1
QQQJ Invesco NASDAQ Next Gen 100 ETF 3.2 15 40 4.4 +5.1
MEME Roundhill MEME ETF 3.2 69 -14 -3.9 -3.3
IYE iShares U.S. Energy ETF 3.2 42 13 5.3 +6.0
XOUT GraniteShares XOUT U.S. Large Cap ETF 3.2 60 -5 5.8 +6.5
BTEK BlackRock Future Tech ETF 3.2 88 -33 0.7 +1.3
FFTY Innovator IBD 50 ETF 3.1 80 -25 12.5 +13.1
MMTM SPDR S&P 1500 Momentum Tilt ETF 3.1 12 43 6.0 +6.7
KGHG KraneShares Global Carbon Transformation ETF 3.1 89 -34 7.1 +7.7
SLT Pacer Salt High truBeta US Market ETF 3.1 60 -5 0.0 +0.6
RAYD Rayliant Quantitative Developed Market Equity ETF 3.1 80 -25 9.6 +10.3
QQQN VictoryShares Nasdaq Next 50 ETF 3.0 18 37 6.7 +7.4
XNTK SPDR NYSE Technology ETF 3.0 35 20 6.0 +6.7
INNO Harbor Disruptive Innovation ETF 2.9 75 -20 -3.7 -3.1
NACP Impact Shares NAACP Minority Empowerment ETF 2.8 49 6 6.4 +7.0
AIQ Global X Future Analytics Tech ETF 2.8 68 -13 5.5 +6.1
TEMP JPMorgan Climate Change Solutions ETF 2.7 49 6 5.0 +5.6
PID Invesco International Dividend Achievers ETF 2.7 56 -1 8.3 +8.9
AIRR First Trust RBA American Industrial Renaissance ETF 2.7 70 -15 7.1 +7.8
SPHB Invesco S&P 500 High Beta ETF 2.7 25 30 4.7 +5.3
EKAR Innovation Shares NextGen Vehicles & Technology ETF 2.7 65 -10 6.0 +6.6
OEF iShares S&P 100 ETF 2.6 20 35 6.2 +6.9
XT iShares Exponential Technologies ETF 2.6 46 9 4.5 +5.2
NULC Nuveen ESG Large-Cap ETF 2.6 20 35 6.6 +7.2
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 2.5 20 35 5.4 +6.1
GSFP Goldman Sachs Future Planet Equity ETF 2.5 75 -20 4.1 +4.7
QQMG Invesco ESG NASDAQ 100 ETF 2.5 20 35 6.3 +7.0
DMAT Global X Disruptive Materials ETF 2.4 59 -4 7.7 +8.3
SPXT ProShares S&P 500 Ex-Technology ETF 2.4 27 28 6.6 +7.2
IQSU IQ Candriam ESG US Equity ETF 2.4 9 46 6.4 +7.0
FIW First Trust Water ETF 2.3 54 1 4.3 +5.0
PHO Invesco Water Resources ETF 2.3 60 -5 4.2 +4.9
FTHI First Trust High Income ETF 2.3 85 -30 4.3 +5.0
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 2.3 50 5 3.5 +4.1
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 2.3 12 43 6.8 +7.5
EATV VegTech Plant-based Innovation & Climate ETF 2.2 75 -20 -4.3 -3.7
IWL iShares Russell Top 200 ETF 2.2 15 40 6.3 +6.9
SPXV ProShares S&P 500 Ex-Health Care ETF 2.1 27 28 6.2 +6.8
ALFA AlphaClone Alternative Alpha ETF 2.1 65 -10 5.3 +5.9
STLG iShares Factors US Growth Style ETF 2.1 25 30 8.7 +9.3
GLIF AGFiQ Global Infrastructure ETF 2.1 45 10 4.8 +5.4
SPXN ProShares S&P 500 Ex-Financials ETF 2.1 27 28 6.1 +6.8
BKLC BNY Mellon US Large Cap Core Equity ETF 2.1 0 55 6.4 +7.0
MGC Vanguard Mega Cap Index Fund 2.1 7 48 6.3 +7.0
SUSA iShares MSCI USA ESG Select ETF 2.1 25 30 6.3 +7.0
WTAI WisdomTree Artificial Intelligence and Innovation Fund 2.1 45 10 2.3 +3.0
ESGV Vanguard ESG U.S. Stock ETF 2.1 9 46 6.4 +7.1
XVV iShares ESG Screened S&P 500 ETF 2.1 8 47 6.5 +7.1
GIGE SoFi Gig Economy ETF 2.0 59 -4 -6.7 -6.0
VBK Vanguard Small-Cap Growth Index Fund 2.0 7 48 2.6 +3.3
ESGU iShares MSCI USA ESG Optimized ETF 2.0 15 40 6.3 +7.0
PIZ Invesco DWA Developed Markets Momentum ETF 2.0 80 -25 7.4 +8.0
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 2.0 58 -3 5.9 +6.5
DWAS Invesco DWA SmallCap Momentum ETF 2.0 60 -5 5.4 +6.1
LCTU BlackRock U.S. Carbon Transition Readiness ETF 2.0 14 41 6.4 +7.1
XOP SPDR S&P Oil & Gas Exploration & Production ETF 2.0 35 20 6.3 +6.9
GVIP Goldman Sachs Hedge Industry VIP ETF 2.0 45 10 4.8 +5.5
XPND First Trust Expanded Technology ETF 2.0 65 -10 6.3 +6.9
WGRO WisdomTree U.S. Growth & Momentum Fund 1.9 55 0 7.8 +8.5
PTF Invesco DWA Technology Momentum ETF 1.9 60 -5 5.3 +5.9
FDMO Fidelity Momentum Factor ETF 1.9 29 26 4.9 +5.5
BOSS Global X Founder-Run Companies ETF 1.9 45 10 3.5 +4.1
PSCT Invesco S&P SmallCap Information Technology ETF 1.9 29 26 6.7 +7.4
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 1.9 17 38 5.9 +6.6
SPXE ProShares S&P 500 Ex-Energy ETF 1.9 27 28 6.4 +7.0
XYLD Global X S&P 500 Covered Call ETF 1.9 60 -5 5.6 +6.2
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 1.9 20 35 6.4 +7.0
UTES Virtus Reaves Utilities ETF 1.9 49 6 5.0 +5.6
XRMI Global X S&P 500 Risk Managed Income ETF 1.9 60 -5 5.6 +6.3
PBUS Invesco PureBeta MSCI USA ETF 1.9 4 51 6.4 +7.0
XYLG Global X S&P 500 Covered Call & Growth ETF 1.9 60 -5 5.8 +6.4
CATH Global X S&P 500 Catholic Values Custom ETF 1.9 29 26 6.2 +6.8
VOTE Engine No. 1 Transform 500 ETF 1.9 5 50 6.3 +7.0
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 1.9 7 48 6.3 +7.0
SPY SPDR S&P 500 ETF Trust 1.8 9 46 6.4 +7.1
PBP Invesco S&P 500 BuyWrite ETF 1.8 49 6 5.7 +6.3
IVV iShares Core S&P 500 ETF 1.8 3 52 6.5 +7.1
SPLG SPDR Portfolio S&P 500 ETF 1.8 3 52 6.5 +7.2
VV Vanguard Large-Cap Index Fund 1.8 4 51 6.3 +7.0
VOO VANGUARD S&P 500 ETF 1.8 3 52 6.5 +7.1
XCLR Global X S&P 500 Collar 95-110 ETF 1.8 60 -5 5.4 +6.1
XTR Global X S&P 500 Tail Risk ETF 1.8 60 -5 5.7 +6.4
ILCB iShares Morningstar U.S. Equity ETF 1.8 3 52 6.4 +7.0
BKES BNY Mellon Sustainable Global Emerging Markets ETF 1.8 11 44 4.8 +5.4
SCHX Schwab U.S. Large-Cap ETF 1.8 3 52 6.4 +7.0
BBUS JP Morgan Betabuilders U.S. Equity ETF 1.8 2 53 6.4 +7.1
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 1.8 15 40 6.3 +6.9
EQAL Invesco Russell 1000 Equal Weight ETF 1.8 20 35 6.9 +7.5
ACVF American Conservative Values ETF 1.8 75 -20 5.6 +6.3
XVOL Acruence Active Hedge U.S. Equity ETF 1.8 83 -28 5.7 +6.4
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.8 9 46 5.4 +6.0
IYY iShares Dow Jones U.S. ETF 1.8 20 35 6.2 +6.8
ADME Aptus Drawdown Managed Equity ETF 1.7 79 -24 5.3 +5.9
IWB iShares Russell 1000 ETF 1.7 15 40 6.3 +7.0
SCHB Schwab U.S. Broad Market ETF 1.7 3 52 6.3 +7.0
ITOT iShares Core S&P Total U.S. Stock Market ETF 1.7 3 52 6.2 +6.8
VONE Vanguard Russell 1000 ETF 1.7 8 47 6.4 +7.1
JMOM JPMorgan U.S. Momentum Factor ETF 1.7 12 43 6.4 +7.0
VTI Vanguard Total Stock Market Index Fund 1.7 3 52 5.9 +6.5
SAMT Strategas Macro Thematic Opportunities ETF 1.7 65 -10 3.7 +4.3
MGMT Ballast Small/Mid Cap ETF 1.7 110 -55 9.6 +10.3
PSCE Invesco S&P SmallCap Energy ETF 1.7 29 26 4.8 +5.5
SPTM SPDR Portfolio Total Stock Market ETF 1.7 3 52 6.6 +7.3
SCHK Schwab 1000 Index ETF 1.7 5 50 6.4 +7.0
VTHR Vanguard Russell 3000 Index Fund 1.7 10 45 6.1 +6.7
IWV iShares Russell 3000 ETF 1.7 20 35 6.1 +6.8
DFUS Dimensional U.S. Equity ETF 1.7 11 44 6.5 +7.1
FPX First Trust US IPO Index Fund 1.7 57 -2 2.8 +3.4
ACIO Aptus Collared Income Opportunity ETF 1.7 79 -24 5.5 +6.2
FTXR First Trust Nasdaq Transportation ETF 1.7 60 -5 6.4 +7.1
PLRG Principal US Large-Cap Adaptive Multi-Factor ETF 1.7 15 40 6.3 +6.9
ISCG iShares Morningstar Small-Cap Growth ETF 1.7 6 49 1.6 +2.2
RCD Invesco S&P 500 Equal Weight Consumer Discretionary ETF 1.7 40 15 5.9 +6.6
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.7 35 20 6.1 +6.7
BITQ Bitwise Crypto Industry Innovators ETF 1.6 85 -30 -14.0 -13.4
RYT Invesco S&P 500 Equal Weight Technology ETF 1.6 40 15 7.1 +7.7
SNSR Global X Internet of Things Thematic ETF 1.6 68 -13 5.7 +6.3
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.6 12 43 6.3 +6.9
JUSA JPMorgan ActiveBuilders U.S. Large Cap Equity ETF 1.6 17 38 6.7 +7.3
QGRO American Century STOXX U.S. Quality Growth ETF 1.5 29 26 8.5 +9.1
DFAU Dimensional US Core Equity Market ETF 1.5 12 43 6.7 +7.3
UVDV UVA Dividend Value ETF 1.5 80 -25 7.3 +7.9
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 1.5 95 -40 2.6 +3.3
RYJ Invesco Raymond James SB-1 Equity ETF 1.5 75 -20 3.4 +4.1
FEDX Emles Federal Contractors ETF 1.5 60 -5 7.8 +8.5
FTC First Trust Large Cap Growth AlphaDEX Fund 1.5 60 -5 5.8 +6.4
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.5 60 -5 2.9 +3.5
JCTR JPMorgan Carbon Transition U.S. Equity ETF 1.4 15 40 6.5 +7.1
NETZ Engine No 1 Transform Climate ETF 1.4 75 -20 7.1 +7.7
GURU Global X Guru Index ETF 1.4 75 -20 2.4 +3.0
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.4 70 -15 5.0 +5.7
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.4 39 16 4.7 +5.3
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.4 63 -8 5.1 +5.8
TOK iShares MSCI Kokusai ETF 1.4 25 30 6.5 +7.2
KOKU Xtrackers MSCI Kokusai Equity ETF 1.4 9 46 6.6 +7.3
FLQL Franklin LibertyQ U.S. Equity ETF 1.4 15 40 7.7 +8.3
LRGF iShares Edge MSCI Multifactor USA ETF 1.4 20 35 9.0 +9.6
IUSA Amberwave Invest USA JSG Fund 1.4 67 -12 6.8 +7.4
WDNA WisdomTree BioRevolution Fund 1.4 45 10 -4.1 -3.4
PBSM Invesco PureBeta MSCI USA Small Cap ETF 1.3 6 49 6.1 +6.7
VOT Vanguard Mid-Cap Growth Index Fund 1.3 7 48 4.5 +5.1
FUTY Fidelity MSCI Utilities Index ETF 1.3 8 47 5.7 +6.3
VPU Vanguard Utilities Index Fund 1.3 10 45 5.6 +6.3
THNQ ROBO Global Artificial Intelligence ETF 1.3 68 -13 3.5 +4.2
SIXA 6 Meridian Mega Cap Equity ETF 1.3 86 -31 8.0 +8.7
URTH iShares MSCI World ETF 1.3 24 31 6.5 +7.1
DYNF BlackRock U.S. Equity Factor Rotation ETF 1.3 30 25 7.4 +8.0
QLC FlexShares US Quality Large Cap Index Fund 1.3 32 23 7.2 +7.9
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 1.3 25 30 6.9 +7.6
ENTR Entrepreneur 30 Fund 1.3 49 6 5.8 +6.5
ESIX SPDR S&P SmallCap 600 ESG ETF 1.3 12 43 8.5 +9.1
SMLE Xtrackers S&P SmallCap 600 ESG ETF 1.3 15 40 8.4 +9.0
SIXH 6 Meridian Hedged Equity-Index Option Strategy ETF 1.2 87 -32 7.7 +8.3
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 1.2 9 46 6.8 +7.5
SCHA Schwab U.S. Small-Cap ETF 1.2 4 51 5.9 +6.6
EQUL IQ Engender Equality ETF 1.2 45 10 8.0 +8.6
ISRA VanEck Israel ETF 1.2 62 -7 7.9 +8.5
VXF Vanguard Extended Market Index Fund 1.2 6 49 2.7 +3.3
IWP iShares Russell Mid-Cap Growth ETF 1.2 23 32 4.7 +5.4
FNX First Trust Mid Cap Core AlphaDEX Fund 1.2 60 -5 8.5 +9.2
GSPY Gotham Enhanced 500 ETF 1.2 50 5 6.8 +7.4
VTWV Vanguard Russell 2000 Value Index Fund 1.2 15 40 2.8 +3.4
IWO iShares Russell 2000 Growth ETF 1.2 24 31 1.1 +1.7
IWN iShares Russell 2000 Value ETF 1.2 24 31 6.0 +6.6
VTWO Vanguard Russell 2000 Index Fund 1.2 10 45 1.7 +2.3
VTWG Vanguard Russell 2000 Growth Index Fund 1.2 15 40 0.8 +1.4
IWM iShares Russell 2000 ETF 1.2 19 36 3.8 +4.5
KLDW Gavekal Knowledge Leaders Developed World ETF 1.2 75 -20 5.7 +6.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.2 20 35 6.7 +7.3
IMCG iShares Morningstar Mid-Cap Growth ETF 1.2 6 49 4.9 +5.6
JHMT John Hancock Multifactor Technology ETF 1.1 40 15 7.0 +7.6
EPS WisdomTree U.S. Earnings 500 Fund 1.1 8 47 8.0 +8.6
FYC First Trust Small Cap Growth AlphaDEX Fund 1.1 71 -16 3.6 +4.2
BKSE BNY Mellon US Small Cap Core Equity ETF 1.1 4 51 6.3 +6.9
ACWI iShares MSCI ACWI ETF 1.1 32 23 6.7 +7.3
SENT AdvisorShares Alpha DNA Equity Sentiment ETF 1.1 108 -53 7.2 +7.8
CSML IQ Chaikin U.S. Small Cap ETF 1.1 35 20 6.1 +6.8
EQOP Natixis U.S. Equity Opportunities ETF 1.1 90 -35 6.8 +7.4
SQEW LeaderShares Equity Skew ETF 1.1 75 -20 6.8 +7.4
NIFE Direxion Fallen Knives ETF 1.1 50 5 -5.6 -5.0
NUMG Nuveen ESG Mid-Cap Growth ETF 1.1 30 25 1.9 +2.6
ISCB iShares Morningstar Small-Cap ETF 1.0 4 51 5.5 +6.1
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.0 45 10 5.2 +5.8
DFNV TrimTabs Donoghue Forlines Risk Managed Innovation ETF 1.0 69 -14 6.9 +7.5
VFMO Vanguard U.S. Momentum Factor ETF 1.0 13 42 6.0 +6.7
VB Vanguard Small-Cap ETF 1.0 5 50 6.6 +7.3
VT Vanguard Total World Stock ETF 1.0 8 47 6.8 +7.5
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 1.0 75 -20 7.4 +8.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.0 9 46 6.6 +7.2
PEXL Pacer US Export Leaders ETF 1.0 60 -5 7.0 +7.7
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 1.0 15 40 8.7 +9.3
ISMD Inspire Small/Mid Cap Impact ETF 1.0 57 -2 6.7 +7.4
IFRA iShares U.S. Infrastructure ETF 1.0 30 25 6.8 +7.4
XJR iShares ESG Screened S&P Small-Cap ETF 1.0 12 43 8.0 +8.6
VIOG Vanguard S&P Small-Cap 600 Growth ETF 1.0 16 39 8.6 +9.2
IJT iShares S&P Small-Cap 600 Growth ETF 1.0 18 37 8.4 +9.0
SLYG SPDR S&P 600 Small Cap Growth ETF 1.0 15 40 8.4 +9.0
SDG iShares Sustainable MSCI Global Impact ETF 1.0 49 6 8.9 +9.5
SMMD iShares Russell 2500 ETF 1.0 15 40 7.0 +7.6
CTRU ARK Transparency ETF 1.0 55 0 3.0 +3.6
JHSC John Hancock Multifactor Small Cap ETF 1.0 42 13 7.1 +7.7
LRND IQ U.S. Large Cap R&D Leaders ETF 1.0 14 41 8.0 +8.6
PIO Invesco Global Water ETF 0.9 75 -20 5.1 +5.8
MMLG First Trust Multi-Manager Large Growth ETF 0.9 85 -30 2.9 +3.5
EQWL Invesco Russell Top 200 Equal Weight ETF 0.9 25 30 7.6 +8.2
IJR iShares Core S&P Small Cap ETF 0.9 6 49 8.2 +8.9
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.9 5 50 8.3 +8.9
SLY SPDR S&P 600 Small Cap ETF 0.9 15 40 8.1 +8.8
VIOO Vanguard S&P Small-Cap 600 ETF 0.9 10 45 8.2 +8.9
AVUS Avantis U.S. Equity ETF 0.9 15 40 7.5 +8.2
SFYX Sofi Next 500 ETF 0.9 0 55 6.3 +6.9
OSCV Opus Small Cap Value Plus ETF 0.9 79 -24 6.2 +6.8
SATO Invesco Alerian Galaxy Crypto Economy ETF 0.9 60 -5 -23.5 -22.9
DFSV Dimensional US Small Cap Value ETF 0.9 31 24 9.3 +9.9
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.9 7 48 6.1 +6.7
JSML Janus Henderson Small Cap Growth Alpha ETF 0.9 30 25 10.5 +11.1
GMET VanEck Green Metals ETF 0.9 59 -4 8.9 +9.5
DEIF Sterling Capital Diverse Multi-Manager Active ETF 0.9 65 -10 7.0 +7.6
IWC iShares Micro-Cap ETF 0.8 60 -5 -13.7 -13.1
SLYV SPDR S&P 600 Small Cap Value ETF 0.8 15 40 8.3 +8.9
IJS iShares S&P Small-cap 600 Value ETF 0.8 18 37 8.2 +8.9
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.8 15 40 8.9 +9.5
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.8 15 40 8.2 +8.9
EUSA iShares MSCI USA Equal Weighted ETF 0.8 9 46 6.6 +7.2
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.8 29 26 7.7 +8.3
SIZE iShares MSCI USA Size Factor ETF 0.8 15 40 6.8 +7.5
XRT SPDR S&P Retail ETF 0.8 35 20 7.8 +8.5
FXD First Trust Consumer Discretionary AlphaDEX Fund 0.8 63 -8 9.5 +10.1
IPO Renaissance IPO ETF 0.8 60 -5 18.2 +18.8
JHML John Hancock Multifactor Large Cap ETF 0.8 29 26 6.8 +7.4
VIS Vanguard Industrials Index Fund 0.8 10 45 6.1 +6.8
IJJ iShares S&P Mid-Cap 400 Value ETF 0.8 18 37 8.9 +9.5
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.8 15 40 8.9 +9.6
FIDU Fidelity MSCI Industrials Index ETF 0.8 8 47 6.6 +7.2
MDYV SPDR S&P 400 Mid Cap Value ETF 0.8 15 40 8.9 +9.6
IUSS Invesco Strategic US Small Company ETF 0.8 23 32 6.8 +7.4
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF 0.7 49 6 6.9 +7.6
BECO BlackRock Future Climate and Sustainable Economy ETF 0.7 70 -15 5.4 +6.0
RNMC Mid Cap US Equity Select ETF 0.7 60 -5 8.4 +9.1
FXU First Trust Utilities AlphaDEX Fund 0.7 62 -7 6.6 +7.2
AVSC Avantis U.S Small Cap Equity ETF 0.7 25 30 5.6 +6.2
XJH iShares ESG Screened S&P Mid-Cap ETF 0.7 12 43 8.4 +9.1
EWMC Invesco S&P MidCap 400 Equal Weight ETF 0.7 40 15 7.9 +8.5
FNDA Schwab Fundamental U.S. Small Co. Index ETF 0.7 25 30 6.6 +7.2
AIEQ AI Powered Equity ETF 0.7 80 -25 6.5 +7.1
LSAF LeaderShares AlphaFactor US Core Equity ETF 0.7 75 -20 10.3 +11.0
DFAS Dimensional U.S. Small Cap ETF 0.7 34 21 7.2 +7.9
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.7 65 -10 11.2 +11.8
MDY SPDR S&P Midcap 400 ETF Trust 0.7 23 32 8.0 +8.7
WBIY WBI Power Factor High Dividend ETF 0.7 70 -15 11.8 +12.5
FNK First Trust Mid Cap Value AlphaDEX Fund 0.7 70 -15 10.6 +11.3
IJH iShares Core S&P Mid-Cap ETF 0.7 5 50 8.2 +8.9
IVOO Vanguard S&P Mid-Cap 400 ETF 0.7 10 45 8.2 +8.8
SPMD SPDR Portfolio Mid Cap ETF 0.7 5 50 8.2 +8.9
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.7 20 35 7.4 +8.0
DGT SPDR Global Dow ETF 0.7 50 5 8.5 +9.1
RFFC RiverFront Dynamic US Flex-Cap ETF 0.7 52 3 6.1 +6.7
SCHM Schwab U.S. Mid-Cap ETF 0.7 4 51 7.1 +7.7
JOET Virtus Terranova US Quality Momentum ETF 0.7 29 26 6.9 +7.6
SCHC Schwab International Small-Cap Equity ETF 0.7 11 44 6.3 +6.9
VO Vanguard Mid-Cap Index Fund 0.7 4 51 6.2 +6.9
RFDA RiverFront Dynamic US Dividend Advantage ETF 0.7 52 3 8.8 +9.4
IMCB iShares Morningstar Mid-Cap ETF 0.7 4 51 6.6 +7.2
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.6 39 16 10.1 +10.7
JHMM John Hancock Multifactor Mid Cap ETF 0.6 41 14 7.4 +8.0
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.6 4 51 6.7 +7.3
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.6 24 31 8.9 +9.5
FEX First Trust Large Cap Core AlphaDEX Fund 0.6 59 -4 8.4 +9.1
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.6 9 46 6.8 +7.4
RYLD Global X Russell 2000 Covered Call ETF 0.6 60 -5 1.1 +1.7
IJK iShares S&P Mid-Cap 400 Growth ETF 0.6 17 38 7.4 +8.1
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.6 15 40 7.5 +8.1
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.6 15 40 7.4 +8.1
HEET Hartford Schroders ESG US Equity ETF 0.6 39 16 7.2 +7.9
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 0.6 40 15 7.9 +8.5
FSST Fidelity Sustainability U.S. Equity ETF 0.6 59 -4 6.3 +6.9
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.6 24 31 8.4 +9.1
IWR iShares Russell Midcap ETF 0.6 19 36 6.5 +7.2
ERSX ERShares NextGen Entrepreneurs ETF 0.6 75 -20 6.4 +7.0
SSPY Syntax Stratified LargeCap ETF 0.5 30 25 7.0 +7.6
SMDY Syntax Stratified MidCap ETF 0.5 35 20 7.3 +7.9
XMHQ Invesco S&P MidCap Quality ETF 0.5 25 30 8.9 +9.5
WRND IQ Global Equity R&D Leaders ETF 0.5 18 37 8.2 +8.8
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.5 39 16 7.9 +8.5
OCEN IQ Clean Oceans ETF 0.5 45 10 7.1 +7.8
TMFX Motley Fool Next Index ETF 0.5 50 5 4.0 +4.6
DON WisdomTree U.S. MidCap Dividend Fund 0.5 38 17 9.2 +9.9
DFAC Dimensional U.S. Core Equity 2 ETF 0.5 19 36 7.3 +7.9
VUSE Vident Core US Equity Fund 0.5 48 7 11.6 +12.2
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 0.5 20 35 5.0 +5.7
DFAT Dimensional U.S. Targeted Value ETF 0.5 34 21 9.3 +9.9
JMIN JPMorgan U.S. Minimum Volatility ETF 0.5 12 43 6.3 +6.9
QLV FlexShares US Quality Low Volatility Index Fund 0.5 22 33 5.8 +6.5
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.5 11 44 6.7 +7.3
DFIS Dimensional International Small Cap ETF 0.5 39 16 6.0 +6.6
IDU iShares U.S. Utilities ETF 0.4 43 12 5.3 +6.0
EZM WisdomTree U.S. MidCap Earnings Fund 0.4 38 17 11.0 +11.6
UAV AdvisorShares Drone Technology ETF 0.4 99 -44 5.6 +6.2
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.4 15 40 8.6 +9.3
RSP Invesco S&P 500 Equal Weight ETF 0.4 20 35 6.9 +7.5
VSLU Applied Finance Valuation Large Cap ETF 0.4 49 6 8.0 +8.6
MXDU Nationwide Maximum Diversification US Core Equity ETF 0.4 34 21 5.7 +6.3
VBR Vanguard Small Cap Value Index Fund 0.4 7 48 9.1 +9.7
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 0.4 35 20 7.9 +8.5
FSMD Fidelity Small-Mid Factor ETF 0.4 29 26 9.2 +9.8
FTEC Fidelity MSCI Information Technology Index ETF 0.4 8 47 6.2 +6.8
EWC iShares MSCI Canada ETF 0.4 51 4 7.9 +8.6
VGT Vanguard Information Technology Index Fund 0.4 10 45 6.2 +6.8
IGM iShares Expanded Tech Sector ETF 0.4 43 12 5.9 +6.5
RWL Invesco S&P 500 Revenue ETF 0.4 39 16 7.5 +8.1
FLDZ RiverNorth Volition America Patriot ETF 0.3 70 -15 6.2 +6.8
FMAT Fidelity MSCI Materials Index ETF 0.3 8 47 8.3 +8.9
VAW Vanguard Materials Index Fund 0.3 10 45 8.1 +8.8
FDWM Fidelity Women's Leadership ETF 0.3 59 -4 6.5 +7.1
SSLY Syntax Stratified SmallCap ETF 0.3 40 15 7.7 +8.3
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.3 65 -10 3.4 +4.0
ISCV iShares Morningstar Small Cap Value ETF 0.3 6 49 8.8 +9.5
RWK Invesco S&P MidCap 400 Revenue ETF 0.3 39 16 10.3 +11.0
PLTL Principal US Small-Cap Adaptive Multi-Factor ETF 0.3 19 36 8.5 +9.1
FYX First Trust Small Cap Core AlphaDEX Fund 0.3 63 -8 9.4 +10.0
XLK Technology Select Sector SPDR Fund 0.3 10 45 6.5 +7.1
USXF iShares ESG Advanced MSCI USA ETF 0.3 10 45 6.3 +6.9
HAP VanEck Natural Resources ETF 0.3 49 6 7.6 +8.3
JHMU John Hancock Multifactor Utilities ETF 0.3 40 15 5.5 +6.1
TPLC Timothy Plan US Large Cap Core ETF 0.3 52 3 6.4 +7.1
IWS iShares Russell Mid-Cap Value ETF 0.3 23 32 7.5 +8.1
DEEP Roundhill Acquirers Deep Value ETF 0.3 80 -25 13.6 +14.3
SQLV Legg Mason Small-Cap Quality Value 0.3 61 -6 10.4 +11.1
FDM First Trust Dow Jones Select Microcap Index Fund 0.3 60 -5 8.6 +9.2
VLU SPDR S&P 1500 Value Tilt ETF 0.3 12 43 8.6 +9.2
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.3 30 25 10.3 +10.9
SAGP Strategas Global Policy Opportunities ETF 0.2 65 -10 7.5 +8.2
NULV Nuveen ESG Large-Cap Value ETF 0.2 25 30 8.0 +8.6
IXN iShares Global Tech ETF 0.2 43 12 5.9 +6.5
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.2 20 35 7.5 +8.1
BFOR Barron's 400 ETF 0.2 70 -15 9.7 +10.3
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.2 49 6 5.4 +6.1
IMCV iShares Morningstar Mid-Cap Value ETF 0.2 6 49 8.0 +8.7
FNDC Schwab Fundamental International Small Co. Index ETF 0.2 39 16 6.6 +7.3
FAB First Trust Multi Cap Value AlphaDEX Fund 0.2 70 -15 11.1 +11.7
ONEO SPDR Russell 1000 Momentum Focus ETF 0.2 20 35 8.8 +9.5
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.2 18 37 8.2 +8.9
AVIV Avantis International Large Cap Value ETF 0.2 25 30 10.9 +11.6
EES WisdomTree SmallCap Earnings Fund 0.2 38 17 11.0 +11.7
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 0.2 35 20 7.0 +7.6
CFA VictoryShares US 500 Volatility Weighted Index ETF 0.2 35 20 7.0 +7.7
RNSC Small Cap US Equity Select ETF 0.2 60 -5 9.3 +10.0
JHMI John Hancock Multifactor Industrials ETF 0.2 40 15 7.5 +8.1
TPSC Timothy Plan US Small Cap Core ETF 0.2 52 3 8.8 +9.4
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.2 29 26 9.0 +9.6
DIHP Dimensional International High Profitability ETF 0.2 29 26 7.8 +8.5
IUS Invesco Strategic US ETF 0.2 19 36 7.5 +8.2
GRZZ Grizzle Growth ETF 0.2 75 -20 7.3 +7.9
PRF Invesco FTSE RAFI US 1000 ETF 0.2 39 16 7.9 +8.6
IEO iShares U.S. Oil & Gas Exploration & Production ETF 0.2 42 13 6.8 +7.4
IETC iShares Evolved U.S. Technology ETF 0.2 18 37 5.7 +6.4
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 0.1 35 20 8.9 +9.5
DFIC Dimensional International Core Equity 2 ETF 0.1 23 32 7.4 +8.0
CGUS Capital Group Core Equity ETF 0.1 33 22 6.5 +7.2
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 0.1 25 30 8.9 +9.5
VDE Vanguard Energy Index Fund 0.1 10 45 5.7 +6.3
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 0.1 75 -20 7.6 +8.3
ISZE iShares Edge MSCI Intl Size Factor ETF 0.1 30 25 7.3 +7.9
AVUV Avantis U.S. Small Cap Value ETF 0.1 25 30 10.4 +11.0
VONV Vanguard Russell 1000 Value Index Fund 0.1 8 47 7.7 +8.3
IWD iShares Russell 1000 Value ETF 0.1 19 36 7.6 +8.2
GPAL Goldman Sachs ActiveBeta Paris-Aligned Climate U.S. Large Ca 0.1 20 35 7.1 +7.7
SCHV Schwab U.S. Large-Cap Value ETF 0.1 4 51 7.7 +8.4
FENY Fidelity MSCI Energy Index ETF 0.1 8 47 5.7 +6.4
SHE SPDR SSGA Gender Diversity Index ETF 0.1 20 35 6.2 +6.8
AVLV Avantis U.S. Large Cap Value ETF 0.1 15 40 9.4 +10.1
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.1 31 24 9.1 +9.7
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.1 25 30 7.8 +8.4
AVDE Avantis International Equity ETF 0.1 23 32 8.9 +9.5
HKND Humankind US Stock ETF 0.1 11 44 7.8 +8.5
DEW WisdomTree Global High Dividend Fund 0.1 58 -3 8.9 +9.6
VOE Vanguard Mid-Cap Value Index Fund 0.1 7 48 7.7 +8.4
IDEV iShares Core MSCI International Developed Markets ETF 0.1 5 50 7.7 +8.4
DFUV Dimensional US Marketwide Value ETF 0.1 0 55 0.0 +0.6
FILL iShares MSCI Global Energy Producers ETF 0.1 39 16 7.9 +8.6
FNCL Fidelity MSCI Financials Index ETF 0.1 8 47 9.5 +10.2
QUS SPDR MSCI USA StrategicFactors ETF 0.1 15 40 6.8 +7.5
VFH Vanguard Financials Index Fund 0.1 10 45 9.5 +10.1
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.1 39 16 8.3 +8.9
SPDW SPDR Portfolio Developed World ex-US ETF 0.1 4 51 7.6 +8.3
ISDX Invesco RAFI Strategic Developed ex-US ETF 0.1 23 32 8.8 +9.5
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.1 25 30 8.4 +9.0
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.1 52 3 5.9 +6.5
VEA Vanguard FTSE Developed Markets ETF 0.1 5 50 7.9 +8.5
VFLQ Vanguard U.S. Liquidity Factor ETF 0.1 13 42 2.0 +2.7
WOMN Impact Shares YWCA Women's Empowerment ETF 0.1 75 -20 6.5 +7.2
RAFE PIMCO RAFI ESG U.S. ETF 0.1 30 25 8.8 +9.5
IXUS ishares Core MSCI Total International Stock ETF 0.0 9 46 8.0 +8.6
VXUS Vanguard Total International Stock ETF 0.0 8 47 8.0 +8.7
ILCV iShares Morningstar Value ETF 0.0 4 51 7.7 +8.4
IUSV iShares Core S&P U.S. Value ETF 0.0 4 51 7.4 +8.0
DTD WisdomTree U.S.Total Dividend Fund 0.0 28 27 7.5 +8.1
DUHP Dimensional US High Profitability ETF 0.0 22 33 8.6 +9.3
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 0.0 17 38 8.2 +8.8
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 16 8.6 +9.3
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 0.0 35 20 8.3 +9.0
FNDX Schwab Fundamental U.S. Large Co. Index ETF 0.0 25 30 7.9 +8.5
DFAI Dimensional International Core Equity Market ETF 0.0 18 37 7.3 +8.0
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.0 41 14 7.5 +8.1
VTV Vanguard Value Index Fund 0.0 4 51 7.9 +8.6
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.0 19 36 7.3 +7.9
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 10 9.1 +9.7
JSTC Adasina Social Justice All Cap Global ETF 0.0 89 -34 6.9 +7.5
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 25 6.7 +7.4
ACWX iShares MSCI ACWI ex U.S. ETF 0.0 32 23 8.0 +8.6
IWX iShares Russell Top 200 Value ETF 0.0 20 35 7.6 +8.2
VDNI V-Shares US Leadership Diversity ETF 0.0 29 26 6.7 +7.3
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 30 25 7.7 +8.4
VYM Vanguard High Dividend Yield Index ETF 0.0 6 49 8.2 +8.9
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.0 20 35 7.7 +8.3
MGV Vanguard Mega Cap Value ETF 0.0 7 48 7.9 +8.5
VSGX Vanguard ESG International Stock ETF 0.0 12 43 7.8 +8.5
SDGA Impact Shares Sustainable Development Goals Global ETF 0.0 75 -20 7.2 +7.9
PXUS Principal International Adaptive Multi-Factor ETF 0.0 24 31 7.8 +8.4
DGRW WisdomTree U.S. Quality Dividend Growth Fund 0.0 28 27 7.4 +8.0
YPS Arrow Reverse Cap 500 ETF 0.0 29 26 6.8 +7.4

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

  2017 2018 2019 2020 2021 2022E 2023E
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
  2021 2022E 2023E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 ALPS Clean Energy ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity -0.2 %
Divided by: Fwd. P/BV 2.6 x
Less: Expense ratio 55 bp
Equals: ALTAR Score -0.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.49 CATEGORY
AVERAGE		 1.49
 
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.