VanEck Africa Index ETF
ALTAR
Score™		 11.7% info Recommen-
dation		 SPECULATIVE
2023E    2024E
P/E
ratio		 8.3x P/Sales
ratio		 1.5x
P/BV
ratio		 1.5x Div.
yield		 4.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
VanEck Vectors Africa Index ETF seeks investment results that correspond to the price and yield performance of the Dow Jones Africa Titans 50 Index.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Van Eck Associates Corp
Website www.vaneck.com
Inception date Jul 10, 2008
Assets (mns) $50
Currency USD
Expense ratio 77 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Tiered
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 88
Wgt avg mkt cap (mns) $6,788
Large cap (>$10bn) 19.9%
Mid cap ($2-10bn) 47.6%
Small cap (<$2bn) 24.2%
Developed mkts 30.5%
Emerging mkts 69.5%

TOP TEN HOLDINGS
ANGLO AMERICAN PLC 6.4 %
MTN NIGERIA COMMUNICATIONS PLC 5.4 %
ATTIJARIWAFA BANK 5.0 %
AIRTEL AFRICA PLC 4.4 %
GUARANTY TRUST HOLDING COMPANY PLC 3.7 %
BANQUE CENTRALE POPULAIRE 3.7 %
3.6 %
SAFARICOM PLC 3.6 %
ZENITH BANK LTD 3.5 %
IVANHOE MINES LTD. CLASS A 3.3 %
Total 42.7 %

TOP COUNTRY EXPOSURE
SOUTH AFRICA 25.5 %
MOROCCO 14.4 %
NIGERIA 14.2 %
BRITAIN 13.2 %
CANADA 7.8 %
KENYA 7.7 %
AUSTRALIA 5.2 %
EGYPT 3.1 %
UNITED STATES 2.7 %
CHINA 1.5 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-7.6% -19.1% -5.8% -3.8% -3.9%

Market Correlations
versus... Beta R-squared
S&P500 0.78 54%
MSCI EAFE 0.91 74%
MSCI Emg. Mkts. 0.86 67%

Technical Indicators
Recent close $15.35
30d moving avg. $15.27
Annualized volatility 19.2%
Short interest (ETF) 6.0%
Relative strength (RSI) 44

Liquidity measures
Avg. volume (thou.) 15
Turnover 0.5%
Bid/Ask (% of price) 0.88%
ADV underlying (mns) $996

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 481 potential alternatives to the VanEck Africa Index ETF ETF based on the alternatives' overlap in portfolio holdings with AFK. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: AFK Expense: 77 bp ALTAR Score™: 11.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH AFK
Ticker Fund
Name		 Overlap1
vs AFK
(%)		 Expense
ratio
(bp)		 Savings
vs AFK
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs AFK
(%)
FLZA Franklin FTSE South Africa ETF 19.8 19 58 9.7 -2.1
EZA iShares MSCI South Africa ETF 18.9 57 20 9.9 -1.8
NGE Global X MSCI Nigeria ETF 14.1 91 -14 24.0 +12.3
GMET VanEck Green Metals ETF 12.5 59 18 10.2 -1.6
DMAT Global X Disruptive Materials ETF 8.1 59 18 9.2 -2.5
FM iShares MSCI Frontier and Select EM ETF 7.9 79 -2 11.9 +0.2
GOAU U.S. Global GO GOLD & Precious Metal Miners ETF 7.5 60 17 6.0 -5.7
PICK iShares MSCI Global Metals & Mining Producers ETF 7.3 39 38 13.0 +1.3
GDX VanEck Gold Miners ETF 7.3 51 26 5.0 -6.7
ION ProShares S&P Global Core Battery Metals ETF 7.3 58 19 9.2 -2.5
EMDM First Trust Bloomberg Emerging Market Democracies ETF 7.0 75 2 7.7 -4.0
EMFM Global X MSCI Next Emerging & Frontier ETF 6.5 63 14 7.4 -4.4
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 6.2 85 -8 8.4 -3.3
SGDM Sprott Gold Miners ETF 5.9 50 27 5.6 -6.1
COPX Global X Copper Miners ETF 5.5 65 12 8.4 -3.4
EMXF iShares ESG Advanced MSCI EM ETF 4.9 16 61 8.7 -3.0
FRDM Freedom 100 Emerging Markets ETF 4.9 49 28 8.2 -3.5
LDEM iShares ESG MSCI EM Leaders ETF 4.6 16 61 8.9 -2.8
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 4.6 23 54 6.9 -4.8
DEM WisdomTree Emerging Markets High Dividend Fund 4.5 63 14 14.6 +2.9
SETM Sprott Energy Transition Materials ETF 4.4 65 12 4.7 -7.0
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 4.4 32 45 8.0 -3.7
ECOW Pacer Emerging Markets Cash Cows 100 ETF 4.4 70 7 14.8 +3.1
EGPT VanEck Egypt Index ETF 4.3 102 -25 12.6 +0.8
FEM First Trust Emerging Markets AlphaDEX Fund 4.3 80 -3 16.8 +5.1
EMMF WisdomTree Emerging Markets Multifactor Fund 4.3 48 29 9.3 -2.5
XC WisdomTree Emerging Markets Ex-China Fund 4.2 32 45 6.8 -4.9
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 4.1 20 57 8.1 -3.6
XCEM Columbia EM Core ex-China ETF 4.1 16 61 7.5 -4.2
GOEX Global X Gold Explorers ETF 3.6 65 12 5.6 -6.1
SGDJ Sprott Junior Gold Miners ETF 3.6 50 27 3.5 -8.2
EEMO Invesco S&P Emerging Markets Momentum ETF 3.5 31 46 9.1 -2.6
JEMA JPMorgan Emerging Markets Equity Core ETF 3.5 39 38 7.4 -4.3
GDXJ VanEck Junior Gold Miners ETF 3.4 52 25 5.8 -5.9
ROAM Hartford Multifactor Emerging Markets ETF 3.4 44 33 13.2 +1.5
EWEB Global X Emerging Markets Internet & E-commerce ETF 3.4 65 12 5.5 -6.2
EMXC iShares MSCI Emerging Markets ex China ETF 3.4 25 52 7.2 -4.5
RESE WisdomTree Emerging Markets ESG Fund 3.3 32 45 8.4 -3.3
KEMQ Kraneshares Emerging Markets Consumer Technology Index ETF 3.3 59 18 0.7 -11.1
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 3.2 32 45 6.5 -5.2
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 3.2 39 38 13.0 +1.3
JPEM J.P. Morgan Diversified Return Emerging Markets Equity ETF 3.1 44 33 11.0 -0.8
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 3.1 86 -9 2.3 -9.5
HAP VanEck Natural Resources ETF 3.1 49 28 8.9 -2.8
AVEM Avantis Emerging Markets Equity ETF 3.0 33 44 9.9 -1.8
AVES Avantis Emerging Markets Value ETF 3.0 36 41 14.6 +2.9
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF 3.0 69 8 8.0 -3.8
PXH Invesco FTSE RAFI Emerging Markets ETF 3.0 50 27 13.4 +1.6
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 2.9 18 59 8.4 -3.3
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 2.8 45 32 9.2 -2.5
JZRO Janus Henderson Net Zero Transition Resources ETF 2.8 60 17 7.5 -4.2
ESGE iShares ESG Aware MSCI EM ETF 2.8 25 52 8.4 -3.3
GNR SPDR S&P Global Natural Resources ETF 2.8 40 37 10.4 -1.3
BNE Blue Horizon BNE ETF 2.8 87 -10 3.8 -7.9
SCHE Schwab Emerging Markets Equity ETF 2.8 11 66 8.2 -3.6
PBEE Invesco PureBeta FTSE Emerging Markets ETF 2.7 16 61 8.3 -3.4
FDNI First Trust Dow Jones International Internet ETF 2.7 65 12 2.7 -9.0
DINT Davis Select International ETF 2.7 64 13 6.8 -4.9
GENY Principal Millennials Index ETF 2.7 45 32 7.1 -4.6
CGXU Capital Group International Focus Equity ETF 2.7 54 23 4.4 -7.4
EMC Global X Emerging Markets Great Consumer ETF 2.7 75 2 4.1 -7.7
JHEM John Hancock Multifactor Emerging Markets ETF 2.7 49 28 8.8 -3.0
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 2.6 15 62 9.2 -2.6
DEHP Dimensional Emerging Markets High Profitability ETF 2.6 41 36 8.5 -3.3
BATT Amplify Lithium & Battery Technology ETF 2.6 59 18 3.7 -8.0
NUEM Nuveen ESG Emerging Markets Equity ETF 2.6 35 42 7.6 -4.1
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 2.6 46 31 9.5 -2.3
EELV Invesco S&P Emerging Markets Low Volatility ETF 2.6 29 48 9.2 -2.5
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 2.5 30 47 8.2 -3.5
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 2.5 51 26 11.0 -0.7
VRAI Virtus Real Asset Income ETF 2.5 55 22 8.3 -3.4
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 2.5 20 57 12.7 +1.0
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 2.4 66 11 7.7 -4.0
RNEM First Trust Emerging Markets Equity Select ETF 2.4 75 2 8.7 -3.1
VWO Vanguard FTSE Emerging Markets ETF 2.4 8 69 8.2 -3.6
EEM iShares MSCI Emerging Markets ETF 2.4 68 9 7.8 -4.0
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 2.4 58 19 14.0 +2.3
STXE Strive Emerging Markets Ex-China ETF 2.3 32 45 7.1 -4.6
EMM Global X Emerging Markets ETF 2.3 75 2 3.9 -7.8
MXI iShares Global Materials ETF 2.3 40 37 8.3 -3.4
DFAE Dimensional Emerging Core Equity Market ETF 2.3 35 42 8.7 -3.1
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 2.3 36 41 7.9 -3.9
SPEM SPDR Portfolio Emerging Markets ETF 2.3 11 66 8.1 -3.6
VNSE Natixis Vaughan Nelson Select ETF 2.2 80 -3 4.0 -7.8
EYLD Cambria Emerging Shareholder Yield ETF 2.2 64 13 14.5 +2.7
IEMG iShares Core MSCI Emerging Markets ETF 2.2 9 68 8.1 -3.7
BKEM BNY Mellon Emerging Markets Equity ETF 2.1 11 66 8.5 -3.2
DFEM Dimensional Emerging Markets Core Equity 2 ETF 2.1 39 38 9.4 -2.3
VIDI Vident International Equity Fund 2.0 61 16 11.9 +0.2
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 2.0 41 36 10.6 -1.1
PXI Invesco DWA Energy Momentum ETF 1.8 60 17 6.9 -4.9
WWJD Inspire International ESG ETF 1.8 69 8 8.1 -3.6
BKES BNY Mellon Sustainable Global Emerging Markets ETF 1.8 11 66 5.0 -6.7
EMGF iShares MSCI Emerging Markets Multifactor ETF 1.8 45 32 9.5 -2.2
XOP SPDR S&P Oil & Gas Exploration & Production ETF 1.8 35 42 11.2 -0.5
IGE iShares North American Natural Resources ETF 1.8 40 37 7.2 -4.5
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 1.7 95 -18 9.3 -2.4
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 1.7 30 47 9.7 -2.0
DFEV Dimensional Emerging Markets Value ETF 1.7 43 34 12.6 +0.8
DGT SPDR Global Dow ETF 1.7 50 27 7.8 -3.9
EWU iShares MSCI United Kingdom ETF 1.7 50 27 8.7 -3.1
FPAG FPA Global Equity ETF 1.7 49 28 6.2 -5.5
FTRI First Trust Indxx Global Natural Resources Income ETF 1.7 70 7 20.2 +8.5
FIDI Fidelity International High Dividend ETF 1.7 39 38 12.7 +1.0
HDEF Xtrackers MSCI EAFE High Dividend Yield Hedged Equity ETF 1.6 20 57 10.6 -1.1
ISHP First Trust S-Network E-Commerce ETF 1.6 60 17 3.7 -8.1
UEVM VictoryShares USAA MSCI Emerging Markets Value Momentum ETF 1.5 45 32 13.4 +1.6
FLGB Franklin FTSE United Kingdom ETF 1.5 9 68 9.1 -2.7
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 1.5 59 18 11.2 -0.5
REMX VanEck Rare Earth/Strategic Metals ETF 1.5 53 24 6.9 -4.8
CHIM Global X MSCI China Materials ETF 1.5 66 11 12.5 +0.7
UPWD JPMorgan Social Advancement ETF 1.5 49 28 5.8 -6.0
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.5 57 20 15.5 +3.8
EWUS iShares MSCI United Kingdom Small Cap ETF 1.5 59 18 8.3 -3.4
ICOW Pacer Developed Markets International Cash Cows 100 ETF 1.5 65 12 16.5 +4.7
EDOG ALPS Emerging Sector Dividend Dogs ETF 1.4 60 17 13.1 +1.4
EEMD AAM S&P Emerging Markets High Dividend Value ETF 1.4 49 28 17.8 +6.1
FKU First Trust United Kingdom AlphaDEX Fund 1.4 80 -3 9.9 -1.9
CVAR Cultivar ETF 1.4 87 -10 8.6 -3.1
SCHC Schwab International Small-Cap Equity ETF 1.4 11 66 6.1 -5.6
EDIV SPDR S&P Emerging Markets Dividend ETF 1.3 49 28 12.9 +1.2
GCOW Pacer Global High Dividend ETF 1.3 60 17 16.7 +5.0
URNJ Sprott Junior Uranium Miners ETF 1.3 80 -3 -4.6 -16.3
NLR VanEck Uranium+Nuclear Energy ETF 1.3 60 17 5.1 -6.6
URA Global X Uranium ETF 1.3 69 8 2.4 -9.3
MGMT Ballast Small/Mid Cap ETF 1.3 110 -33 7.4 -4.3
DMDV AAM S&P Developed Markets High Dividend Value ETF 1.3 39 38 17.9 +6.2
DVYE iShares Emerging Markets Dividend ETF 1.3 49 28 19.5 +7.8
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.3 31 46 8.6 -3.2
FCG First Trust Natural Gas ETF 1.2 60 17 10.7 -1.0
OBOR KraneShares MSCI One Belt One Road Index ETF 1.2 78 -1 11.2 -0.5
FDEM Fidelity Emerging Markets Multifactor ETF 1.2 45 32 13.3 +1.6
MEM Matthews Emerging Markets Equity Active ETF 1.2 79 -2 5.8 -5.9
AVDV Avantis International Small Cap Value ETF 1.2 36 41 9.6 -2.2
CGV Conductor Global Equity Value ETF 1.2 128 -51 11.4 -0.3
ECON Columbia Emerging Markets Consumer ETF 1.1 49 28 3.9 -7.8
VYMI Vanguard International High Dividend Yield ETF 1.1 22 55 11.1 -0.7
SDEM Global X MSCI SuperDividend Emerging Markets ETF 1.1 67 10 18.0 +6.3
TTAI TrimTabs All Cap International Free-Cash-Flow ETF 1.1 61 16 9.1 -2.6
DWLD Davis Select Worldwide ETF 1.1 62 15 7.9 -3.9
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.1 47 30 11.7 -0.0
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 1.1 7 70 6.4 -5.3
DFIV Dimensional International Value ETF 1.1 30 47 9.6 -2.1
RING iShares MSCI Global Gold Miners ETF 1.1 39 38 6.6 -5.1
EWC iShares MSCI Canada ETF 1.0 50 27 8.1 -3.6
DISV Dimensional International Small Cap Value ETF 1.0 42 35 10.0 -1.8
EWX SPDR S&P Emerging Markets Small Cap ETF 1.0 65 12 6.9 -4.8
BBCA JPMorgan BetaBuilders Canada ETF 1.0 19 58 8.4 -3.4
BLES Inspire Global Hope Large Cap ETF 0.9 49 28 7.3 -4.5
VSGX Vanguard ESG International Stock ETF 0.9 12 65 7.4 -4.3
ACWX iShares MSCI ACWI ex U.S. ETF 0.9 32 45 7.7 -4.1
IXUS ishares Core MSCI Total International Stock ETF 0.9 7 70 7.6 -4.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.9 41 36 7.7 -4.1
DTH WisdomTree International High Dividend Fund 0.9 58 19 11.5 -0.2
JIG JPMorgan International Growth ETF 0.9 55 22 4.8 -6.9
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.9 68 9 6.3 -5.5
VXUS Vanguard Total International Stock ETF 0.8 7 70 7.7 -4.0
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 0.8 86 -9 1.6 -10.2
NANR SPDR S&P North American Natural Resources ETF 0.8 35 42 7.4 -4.4
VEU Vanguard FTSE All-World ex-US Index Fund 0.8 7 70 7.9 -3.9
FIVA Fidelity International Value Factor ETF 0.8 39 38 10.6 -1.1
IDHQ Invesco S&P International Developed Quality ETF 0.8 29 48 7.9 -3.8
CWI SPDR MSCI ACWI ex-US ETF 0.8 30 47 7.8 -3.9
ZSB USCF Sustainable Battery Metals Strategy Fund 0.8 59 18 4.6 -7.2
NXTG First Trust Indxx NextG ETF 0.8 70 7 6.5 -5.2
BUYZ Franklin Disruptive Commerce ETF 0.8 50 27 1.9 -9.9
SRVR Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF 0.7 60 17 7.2 -4.5
ISCF iShares Edge MSCI Multifactor Intl Small-Cap ETF 0.7 40 37 8.6 -3.2
KMED KraneShares Emerging Markets Healthcare Index ETF 0.7 81 -4 2.8 -9.0
PIZ Invesco DWA Developed Markets Momentum ETF 0.7 80 -3 6.3 -5.4
DFIC Dimensional International Core Equity 2 ETF 0.7 23 54 8.0 -3.7
KOCG FIS Knights of Columbus Global Belief ETF 0.7 75 2 7.5 -4.2
DEW WisdomTree Global High Dividend Fund 0.7 58 19 10.5 -1.3
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.6 70 7 3.2 -8.5
CBSE Changebridge Capital Sustainable Equity ETF 0.6 85 -8 3.3 -8.4
INQQ India Internet & Ecommerce ETF 0.6 86 -9 2.5 -9.2
IBUY Amplify Online Retail ETF 0.6 65 12 -5.4 -17.1
BICK First Trust BICK Index Fund 0.6 64 13 5.3 -6.5
DGIN VanEck Digital India ETF 0.6 75 2 0.2 -11.5
AWAY ETFMG Travel Tech ETF 0.6 75 2 -3.5 -15.2
IEUS iShares MSCI Europe Small-Cap ETF 0.6 40 37 6.2 -5.5
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.6 63 14 3.6 -8.1
GVAL Cambria Global Value ETF 0.6 71 6 12.9 +1.2
FYLD Cambria Foreign Shareholder Yield ETF 0.6 59 18 14.5 +2.8
BYTE Roundhill IO Digital Infrastructure ETF 0.6 76 1 5.4 -6.4
FEMS First Trust Emerging Markets Small Cap Alphadex Fund 0.6 80 -3 12.8 +1.1
AVDE Avantis International Equity ETF 0.6 23 54 9.0 -2.7
IQDE FlexShares International Quality Dividend Defensive Index ET 0.6 47 30 10.2 -1.5
DOL WisdomTree International LargeCap Dividend Fund 0.6 48 29 9.7 -2.0
ERSX ERShares NextGen Entrepreneurs ETF 0.6 75 2 6.6 -5.1
DFIS Dimensional International Small Cap ETF 0.6 39 38 6.6 -5.1
AVUV Avantis U.S. Small Cap Value ETF 0.5 25 52 11.2 -0.5
IDV iShares International Select Dividend ETF 0.5 49 28 16.3 +4.6
UMMA Wahed Dow Jones Islamic World ETF 0.5 65 12 5.0 -6.7
SCZ iShares MSCI EAFE Small-Cap ETF 0.5 39 38 6.3 -5.4
INTF iShares Edge MSCI Multifactor Intl ETF 0.5 15 62 8.8 -3.0
JIDA JPMorgan ActiveBuilders International Equity ETF 0.5 25 52 7.3 -4.5
IDX VanEck Indonesia Index ETF 0.5 57 20 7.8 -4.0
DVYA iShares Asia/Pacific Dividend ETF 0.5 49 28 14.3 +2.6
CID VictoryShares Intl High Dividend Volatility Wtd Index ETF 0.5 45 32 10.8 -0.9
EFV iShares MSCI EAFE Value ETF 0.5 35 42 9.9 -1.8
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 0.5 40 37 8.5 -3.2
IEO iShares U.S. Oil & Gas Exploration & Production ETF 0.5 39 38 10.4 -1.3
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.5 42 35 6.2 -5.5
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.5 40 37 9.4 -2.4
DWM WisdomTree International Equity Fund 0.5 48 29 9.3 -2.4
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.5 14 63 7.2 -4.5
DFAI Dimensional International Core Equity Market ETF 0.5 18 59 7.5 -4.2
IVLU iShares Edge MSCI Intl Value Factor ETF 0.5 30 47 11.6 -0.2
AVIV Avantis International Large Cap Value ETF 0.5 25 52 9.9 -1.8
IQDF FlexShares International Quality Dividend Index Fund 0.5 47 30 12.0 +0.3
RESD WisdomTree International ESG Fund 0.5 30 47 7.3 -4.4
DMXF iShares ESG Advanced MSCI EAFE ETF 0.4 12 65 6.2 -5.6
FTXN First Trust Nasdaq Oil & Gas ETF 0.4 60 17 8.0 -3.8
PEJ Invesco Dynamic Leisure & Entertainment ETF 0.4 55 22 3.4 -8.4
FFTY Innovator IBD 50 ETF 0.4 80 -3 1.9 -9.8
VOT Vanguard Mid-Cap Growth Index Fund 0.4 7 70 5.0 -6.7
CGUS Capital Group Core Equity ETF 0.4 33 44 5.8 -6.0
VCR Vanguard Consumer Discretionary Index Fund 0.4 10 67 5.2 -6.6
FDIS Fidelity MSCI Consumer Discretionary Index ETF 0.4 8 69 5.3 -6.5
FCTR First Trust Lunt U.S. Factor Rotation ETF 0.4 65 12 4.7 -7.0
CGDV Capital Group Dividend Value ETF 0.4 33 44 6.4 -5.4
RCD Invesco S&P 500 Equal Weight Consumer Discretionary ETF 0.4 40 37 4.6 -7.1
FEX First Trust Large Cap Core AlphaDEX Fund 0.4 59 18 7.4 -4.4
SCHM Schwab U.S. Mid-Cap ETF 0.4 4 73 6.5 -5.2
XLY Consumer Discretionary Select Sector SPDR Fund 0.4 10 67 5.2 -6.5
CGGR Capital Group Growth ETF 0.4 39 38 4.0 -7.8
AESR Anfield U.S. Equity Sector Rotation ETF 0.4 112 -35 5.4 -6.3
FTC First Trust Large Cap Growth AlphaDEX Fund 0.4 59 18 4.7 -7.0
ALTL Pacer Lunt Large Cap Alternator ETF 0.4 60 17 6.3 -5.4
RSPE Invesco ESG S&P 500 Equal Weight ETF 0.4 20 57 7.7 -4.0
BOUT Innovator IBD Breakout Opportunities ETF 0.4 80 -3 2.7 -9.1
CRUZ Defiance Hotel Airline and Cruise ETF 0.4 45 32 -6.1 -17.9
IQSM IQ Candriam ESG U.S. Mid Cap Equity ETF 0.4 15 62 7.3 -4.4
SPHB Invesco S&P 500 High Beta ETF 0.4 25 52 5.7 -6.0
GLOF iShares Global Equity Factor ETF 0.4 20 57 8.7 -3.0
SDIV Global X SuperDividend ETF 0.4 58 19 20.4 +8.6
IEUR iShares Core MSCI Europe ETF 0.4 9 68 7.5 -4.2
DWX SPDR S&P International Dividend ETF 0.4 45 32 8.5 -3.3
IEV iShares Europe ETF 0.4 58 19 7.2 -4.5
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.4 20 57 6.8 -4.9
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.4 49 28 5.8 -6.0
VGK Vanguard FTSE Europe ETF 0.4 8 69 7.6 -4.2
TPIF Timothy Plan International ETF 0.4 62 15 7.3 -4.4
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.4 80 -3 9.5 -2.3
BBEU JPMorgan BetaBuilders Europe ETF 0.4 9 68 7.8 -3.9
IYC iShares U.S. Consumer Services ETF 0.4 39 38 4.0 -7.7
ACWI iShares MSCI ACWI ETF 0.4 32 45 6.5 -5.2
SPEU SPDR Portfolio Europe ETF 0.4 9 68 7.4 -4.4
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.4 39 38 8.2 -3.5
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.4 46 31 7.4 -4.3
VT Vanguard Total World Stock ETF 0.4 7 70 6.7 -5.1
KALL KraneShares MSCI All China Index ETF 0.4 48 29 10.7 -1.0
IDEV iShares Core MSCI International Developed Markets ETF 0.4 4 73 7.5 -4.3
FLEH Franklin FTSE Europe Hedged ETF 0.4 9 68 7.9 -3.9
FLEE Franklin FTSE Europe ETF 0.4 9 68 7.9 -3.9
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.4 45 32 9.0 -2.8
RAYE Rayliant Quantamental Emerging Market Equity ETF 0.4 80 -3 13.3 +1.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.4 9 68 6.4 -5.3
ARKF ARK Fintech Innovation ETF 0.3 75 2 -1.8 -13.5
EMFQ Amplify Emerging Markets FinTech ETF 0.3 69 8 5.9 -5.9
DUSA Davis Select U.S. Equity ETF 0.3 61 16 9.5 -2.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.3 20 57 6.8 -4.9
RXI iShares Global Consumer Discretionary ETF 0.3 40 37 5.8 -5.9
ISZE iShares Edge MSCI Intl Size Factor ETF 0.3 30 47 7.0 -4.8
QEFA SPDR MSCI EAFE Quality Mix ETF 0.3 30 47 7.7 -4.1
DIM WisdomTree International MidCap Dividend Fund 0.3 58 19 9.4 -2.3
YPS Arrow Reverse Cap 500 ETF 0.3 29 48 6.9 -4.9
BKIE BNY Mellon International Equity ETF 0.3 4 73 8.1 -3.6
SRET Global X SuperDividend REIT ETF 0.3 58 19 9.6 -2.1
BLDG Cambria Global Real Estate ETF 0.3 59 18 9.4 -2.4
RWX SPDR Dow Jones International Real Estate ETF 0.3 59 18 6.6 -5.1
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.3 12 65 9.5 -2.2
FNX First Trust Mid Cap Core AlphaDEX Fund 0.3 59 18 8.3 -3.4
DIVI Franklin International Core Dividend Tilt Index ETF 0.3 9 68 9.2 -2.6
IQSI IQ Candriam ESG International Equity ETF 0.3 15 62 7.6 -4.2
IWS iShares Russell Mid-Cap Value ETF 0.3 23 54 7.6 -4.2
VEA Vanguard FTSE Developed Markets ETF 0.3 5 72 7.6 -4.1
FEP First Trust Europe AlphaDEX Fund 0.3 80 -3 10.5 -1.2
VO Vanguard Mid-Cap Index Fund 0.3 4 73 6.8 -5.0
EUDG WisdomTree Europe Quality Dividend Growth Fund 0.3 58 19 6.7 -5.1
JHMD John Hancock Multifactor Developed International ETF 0.3 39 38 8.2 -3.6
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 0.3 35 42 7.4 -4.4
AVRE Avantis Real Estate ETF 0.3 17 60 6.5 -5.3
MOO VanEck Agribusiness ETF 0.3 52 25 9.0 -2.7
SILJ ETFMG Prime Junior Silver ETF 0.3 69 8 1.4 -10.4
ESGD iShares MSCI EAFE ESG Optimized ETF 0.3 20 57 7.1 -4.6
IEFA iShares Core MSCI EAFE ETF 0.3 7 70 7.5 -4.3
RFDI First Trust Riverfront Dynamic Developed International ETF 0.3 83 -6 9.8 -1.9
FNDC Schwab Fundamental International Small Co. Index ETF 0.3 39 38 6.2 -5.5
HAUZ Xtrackers International Real Estate ETF 0.3 10 67 8.8 -3.0
IQLT iShares Edge MSCI Intl Quality Factor ETF 0.3 30 47 7.8 -3.9
JPIN JPMorgan Diversified Return International Equity ETF 0.3 37 40 9.3 -2.4
GWX SPDR S&P International Small Cap ETF 0.3 40 37 6.0 -5.8
DIHP Dimensional International High Profitability ETF 0.3 29 48 8.5 -3.3
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.3 20 57 7.3 -4.5
CIL VictoryShares International Volatility Weighted Index ETF 0.3 45 32 7.5 -4.2
FNDF Schwab Fundamental International Large Co. Index ETF 0.3 25 52 9.3 -2.5
KESG KraneShares MSCI China ESG Leaders Index ETF 0.3 59 18 12.2 +0.5
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.3 9 68 6.9 -4.8
RSP Invesco S&P 500 Equal Weight ETF 0.3 20 57 7.0 -4.7
VEGI iShares MSCI Global Agriculture Producers ETF 0.3 39 38 9.0 -2.8
IMCG iShares Morningstar Mid-Cap Growth ETF 0.3 6 71 5.0 -6.7
SPDW SPDR Portfolio Developed World ex-US ETF 0.3 4 73 7.3 -4.4
EFA iShares MSCI EAFE ETF 0.3 32 45 7.4 -4.4
FILL iShares MSCI Global Energy Producers ETF 0.2 39 38 9.5 -2.3
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.2 35 42 7.5 -4.3
IMCB iShares Morningstar Mid-Cap ETF 0.2 4 73 6.9 -4.8
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.2 4 73 6.9 -4.8
IMCV iShares Morningstar Mid-Cap Value ETF 0.2 6 71 9.1 -2.6
DFGR Dimensional Global Real Estate ETF 0.2 22 55 6.9 -4.8
IWO iShares Russell 2000 Growth ETF 0.2 23 54 2.8 -8.9
FDEV Fidelity Targeted International Factor ETF 0.2 39 38 7.6 -4.2
VTWG Vanguard Russell 2000 Growth Index Fund 0.2 15 62 2.9 -8.8
GVLU Gotham 1000 Value ETF 0.2 50 27 10.8 -0.9
BFOR Barron's 400 ETF 0.2 65 12 9.1 -2.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.2 39 38 8.4 -3.4
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.2 9 68 4.7 -7.1
SCHY Schwab International Dividend Equity ETF 0.2 14 63 8.9 -2.8
GSID Goldman Sachs MarketBeta International Equity ETF 0.2 20 57 7.7 -4.1
IOO iShares Global 100 ETF 0.2 40 37 6.3 -5.4
HFXI IQ 50 Percent Hedged FTSE International ETF 0.2 20 57 7.7 -4.1
SCHF Schwab International Equity ETF 0.2 6 71 7.9 -3.9
IEDI iShares Evolved U.S. Discretionary Spending ETF 0.2 18 59 5.7 -6.0
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.2 58 19 5.9 -5.9
IWR iShares Russell Midcap ETF 0.2 18 59 6.5 -5.3
EZM WisdomTree U.S. MidCap Earnings Fund 0.2 38 39 11.3 -0.4
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.2 70 7 5.3 -6.5
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 0.2 7 70 7.6 -4.2
IQDG WisdomTree International Quality Dividend Growth Fund 0.2 42 35 6.0 -5.7
JHSC John Hancock Multifactor Small Cap ETF 0.2 42 35 7.1 -4.6
ISCV iShares Morningstar Small Cap Value ETF 0.2 6 71 8.5 -3.3
VDE Vanguard Energy Index Fund 0.2 10 67 7.3 -4.5
VFMO Vanguard U.S. Momentum Factor ETF 0.2 13 64 4.1 -7.7
SIZE iShares MSCI USA Size Factor ETF 0.2 15 62 6.7 -5.0
FENY Fidelity MSCI Energy Index ETF 0.2 8 69 7.4 -4.4
EUSA iShares MSCI USA Equal Weighted ETF 0.2 9 68 6.9 -4.9
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 0.2 17 60 5.7 -6.1
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 0.2 25 52 9.9 -1.9
SNPV Xtrackers S&P ESG Value ETF 0.2 15 62 6.7 -5.0
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.2 12 65 6.2 -5.5
RWO SPDR Dow Jones Global Real Estate ETF 0.2 50 27 6.8 -5.0
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 0.2 30 47 6.0 -5.8
DFUV Dimensional US Marketwide Value ETF 0.2 23 54 8.9 -2.9
JHMM John Hancock Multifactor Mid Cap ETF 0.2 41 36 7.7 -4.0
REET iShares Global REIT ETF 0.2 14 63 7.1 -4.6
PXUS Principal International Adaptive Multi-Factor ETF 0.2 24 53 7.4 -4.4
STXV Strive 1000 Value ETF 0.2 18 59 8.7 -3.1
KRUZ Unusual Whales Subversive Republican Trading ETF 0.2 75 2 6.3 -5.5
LVHI Legg Mason International Low Volatility High Dividend ETF 0.1 40 37 10.5 -1.2
TOK iShares MSCI Kokusai ETF 0.1 25 52 6.3 -5.4
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 68 6.5 -5.2
HART IQ Healthy Hearts ETF 0.1 45 32 6.2 -5.6
URTH iShares MSCI World ETF 0.1 24 53 6.5 -5.3
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.1 60 17 4.8 -6.9
PBD Invesco Global Clean Energy ETF 0.1 75 2 -0.7 -12.4
TAN Invesco Solar ETF 0.1 69 8 4.2 -7.5
ENOR iShares MSCI Norway ETF 0.1 53 24 6.6 -5.1
FRNW Fidelity Clean Energy ETF 0.1 39 38 2.0 -9.8
SFY SoFi Select 500 ETF 0.1 0 77 5.8 -6.0
ICLN iShares Global Clean Energy ETF 0.1 40 37 3.4 -8.4
NORW Global X MSCI Norway ETF 0.1 50 27 6.6 -5.2
RNRG Global X Renewable Energy Producers ETF 0.1 65 12 3.6 -8.2
ERTH Invesco MSCI Sustainable Future ETF 0.1 56 21 4.2 -7.5
IWM iShares Russell 2000 ETF 0.1 19 58 4.5 -7.3
JSTC Adasina Social Justice All Cap Global ETF 0.1 89 -12 6.3 -5.4
VTWO Vanguard Russell 2000 Index Fund 0.1 10 67 4.4 -7.3
DFSI Dimensional International Sustainability Core 1 ETF 0.1 24 53 6.9 -4.8
RODE Hartford Multifactor Diversified International ETF 0.1 29 48 13.0 +1.2
GMF SPDR S&P Emerging Asia Pacific ETF 0.1 49 28 7.5 -4.2
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.1 12 65 8.2 -3.6
DFAS Dimensional U.S. Small Cap ETF 0.1 28 49 6.9 -4.8
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.1 39 38 4.1 -7.6
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.1 25 52 8.3 -3.4
BKSE BNY Mellon US Small Cap Core Equity ETF 0.1 4 73 6.1 -5.6
TMFG Motley Fool Global Opportunities ETF 0.1 85 -8 4.2 -7.5
VOOV Vanguard S&P 500 Value ETF 0.1 10 67 6.6 -5.1
IVE iShares S&P 500 Value ETF 0.1 18 59 6.5 -5.2
SPYV SPDR Portfolio S&P 500 Value ETF 0.1 4 73 6.7 -5.1
RVRB Reverb ETF 0.1 30 47 5.9 -5.8
FLCH Franklin FTSE China ETF 0.1 19 58 10.7 -1.0
QINT American Century Quality Diversified International ETF 0.1 39 38 9.1 -2.6
DLS WisdomTree International SmallCap Dividend Fund 0.1 58 19 9.6 -2.1
VFMF Vanguard U.S. Multifactor ETF 0.1 18 59 10.1 -1.7
IUSV iShares Core S&P U.S. Value ETF 0.1 4 73 6.9 -4.9
SSPY Syntax Stratified LargeCap ETF 0.1 30 47 7.4 -4.4
TPSC Timothy Plan US Small Cap Core ETF 0.1 52 25 8.7 -3.1
WOOD iShares Global Timber & Forestry ETF 0.1 40 37 10.3 -1.4
FNDA Schwab Fundamental U.S. Small Co. Index ETF 0.1 25 52 6.6 -5.2
CUT Invesco MSCI Global Timber ETF 0.1 60 17 9.4 -2.4
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.1 20 57 7.9 -3.9
VONV Vanguard Russell 1000 Value Index Fund 0.1 8 69 7.6 -4.2
IWD iShares Russell 1000 Value ETF 0.1 18 59 7.5 -4.3
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.1 25 52 8.5 -3.3
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 0.1 35 42 8.6 -3.2
MCHI iShares MSCI China ETF 0.1 57 20 10.5 -1.3
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.1 14 63 6.1 -5.7
SCHV Schwab U.S. Large-Cap Value ETF 0.1 4 73 7.6 -4.1
GXC SPDR S&P China ETF 0.1 59 18 10.5 -1.3
DSI iShares MSCI KLD 400 Social ETF 0.1 25 52 6.0 -5.7
VUG Vanguard Growth Index Fund 0.1 4 73 4.8 -6.9
SCHA Schwab U.S. Small-Cap ETF 0.1 4 73 5.6 -6.1
ISCB iShares Morningstar Small-Cap ETF 0.1 4 73 5.2 -6.5
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 0.1 25 52 6.6 -5.1
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.1 25 52 7.7 -4.1
FNDX Schwab Fundamental U.S. Large Co. Index ETF 0.1 25 52 7.8 -3.9
NACP Impact Shares NAACP Minority Empowerment ETF 0.1 49 28 5.8 -5.9
ESGG FlexShares STOXX Global ESG Impact Index Fund 0.1 42 35 6.4 -5.3
JHML John Hancock Multifactor Large Cap ETF 0.1 29 48 6.5 -5.2
AVUS Avantis U.S. Equity ETF 0.1 15 62 7.1 -4.6
PNQI Invesco NASDAQ Internet ETF 0.1 60 17 3.0 -8.8
BKF iShares MSCI BRIC ETF 0.1 70 7 8.5 -3.2
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 47 7.1 -4.6
SPXT ProShares S&P 500 Ex-Technology ETF 0.1 27 50 6.4 -5.3
PLRG Principal US Large-Cap Adaptive Multi-Factor ETF 0.1 15 62 6.2 -5.6
IPAC iShares Core MSCI Pacific ETF 0.1 9 68 7.2 -4.5
IQSU IQ Candriam ESG US Equity ETF 0.1 9 68 5.6 -6.1
EQAL Invesco Russell 1000 Equal Weight ETF 0.1 20 57 7.0 -4.8
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 0.1 50 27 3.7 -8.0
RWL Invesco S&P 500 Revenue ETF 0.1 39 38 7.5 -4.3
NANC Unusual Whales Subversive Democratic Trading ETF 0.1 75 2 4.9 -6.8
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.1 20 57 5.8 -5.9
VFVA Vanguard U.S. Value Factor ETF 0.1 13 64 12.0 +0.2
SNPE Xtrackers S&P 500 ESG ETF 0.1 10 67 6.1 -5.7
VDNI V-Shares US Leadership Diversity ETF 0.1 29 48 6.3 -5.4
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 0.1 45 32 7.7 -4.0
SPXN ProShares S&P 500 Ex-Financials ETF 0.1 27 50 5.9 -5.9
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 30 6.1 -5.6
DFAC Dimensional U.S. Core Equity 2 ETF 0.1 19 58 6.8 -4.9
SPXV ProShares S&P 500 Ex-Health Care ETF 0.1 27 50 5.5 -6.2
CN Xtrackers MSCI All China Equity ETF 0.1 50 27 11.3 -0.5
XVV iShares ESG Screened S&P 500 ETF 0.1 8 69 6.0 -5.8
RODM Hartford Multifactor Developed Markets (ex-US) ETF 0.1 29 48 9.9 -1.8
ACVF American Conservative Values ETF 0.1 75 2 5.3 -6.4
VPL Vanguard FTSE Pacific ETF 0.1 8 69 7.5 -4.3
SPXE ProShares S&P 500 Ex-Energy ETF 0.1 27 50 5.8 -5.9
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 68 5.8 -5.9
DFAU Dimensional US Core Equity Market ETF 0.1 12 65 6.2 -5.5
DFUS Dimensional U.S. Equity ETF 0.1 11 66 6.0 -5.8
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 57 5.9 -5.8
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.1 7 70 5.9 -5.8
SPLG SPDR Portfolio S&P 500 ETF 0.1 3 74 6.1 -5.6
IVV iShares Core S&P 500 ETF 0.1 3 74 6.1 -5.6
VOO VANGUARD S&P 500 ETF 0.1 3 74 6.1 -5.6
IWV iShares Russell 3000 ETF 0.1 20 57 5.7 -6.0
SPY SPDR S&P 500 ETF Trust 0.1 9 68 6.1 -5.7
VOTE Engine No. 1 Transform 500 ETF 0.1 5 72 6.0 -5.8
PBUS Invesco PureBeta MSCI USA ETF 0.1 4 73 6.0 -5.7
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.1 3 74 5.9 -5.9
VTHR Vanguard Russell 3000 Index Fund 0.1 10 67 5.8 -5.9
SCHB Schwab U.S. Broad Market ETF 0.1 3 74 6.0 -5.8
VV Vanguard Large-Cap Index Fund 0.1 4 73 6.0 -5.8
IMTM iShares Edge MSCI Intl Momentum Factor ETF 0.1 30 47 8.2 -3.6
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 38 7.8 -3.9
VFQY Vanguard U.S. Quality Factor ETF 0.1 13 64 8.3 -3.5
SPTM SPDR Portfolio Total Stock Market ETF 0.1 3 74 6.3 -5.4
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.1 2 75 6.0 -5.7
ILCB iShares Morningstar U.S. Equity ETF 0.0 3 74 6.0 -5.7
ILCG iShares Morningstar Growth ETF 0.0 4 73 4.8 -6.9
ILCV iShares Morningstar Value ETF 0.0 4 73 7.7 -4.0
SCHX Schwab U.S. Large-Cap ETF 0.0 3 74 6.0 -5.7
VXF Vanguard Extended Market Index Fund 0.0 6 71 4.3 -7.5
SCHK Schwab 1000 Index ETF 0.0 5 72 6.0 -5.7
VONE Vanguard Russell 1000 ETF 0.0 8 69 6.0 -5.8
IWB iShares Russell 1000 ETF 0.0 15 62 5.9 -5.8
IYY iShares Dow Jones U.S. ETF 0.0 20 57 5.9 -5.9
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 66 6.0 -5.7
VTI Vanguard Total Stock Market Index Fund 0.0 3 74 5.8 -5.9
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.0 47 30 5.6 -6.2
FLAX Franklin FTSE Asia Ex Japan ETF 0.0 19 58 7.9 -3.9
EEMA iShares MSCI Emerging Markets Asia ETF 0.0 50 27 7.5 -4.2
VLU SPDR S&P 1500 Value Tilt ETF 0.0 12 65 8.5 -3.2
ESG FlexShares STOXX US ESG Impact Index Fund 0.0 32 45 5.8 -5.9
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 48 8.3 -3.5
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.0 69 8 7.1 -4.6
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 0.0 36 41 8.9 -2.9
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 0.0 24 53 8.7 -3.1
GSPY Gotham Enhanced 500 ETF 0.0 50 27 6.3 -5.4
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.0 12 65 6.0 -5.8
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 0.0 21 56 4.1 -7.7
QUS SPDR MSCI USA StrategicFactors ETF 0.0 15 62 6.7 -5.0

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

  2018 2019 2020 2021 2022 2023E 2024E
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
  2022 2023E 2024E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 VanEck Africa Index 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 15.9 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 77 bp
Equals: ALTAR Score 11.7 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.45 CATEGORY
AVERAGE		 1.38
 
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.