Themes Silver Miners ETF
ALTAR
Score™		 4.5% info Recommen-
dation		 AVOID
2024E    2025E
P/E
ratio		 19.8x P/Sales
ratio		 1.0x
P/BV
ratio		 1.6x Div.
yield		 1.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Themes Silver Miners ETF seeks to provide investment results that correspond to the performance of companies engaged in silver mining and related activities.

FUND BASICS
Category International Equities
Fund Sponsor Themes
Website themesetfs.com/etfs/AGMI/
Inception date May 02, 2024
Assets (mns) $1
Currency USD
Expense ratio 35 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) $15,413
Large cap (>$10bn) 29.2%
Mid cap ($2-10bn) 36.4%
Small cap (<$2bn) 34.4%
Developed mkts 71.7%
Emerging mkts 28.3%

TOP TEN HOLDINGS
INDUSTRIAS PENOLES SAB DE CV 11.1 %
PAN AMERICAN SILVER CORP 10.1 %
SILVER WHEATON CORP 9.8 %
SOUTHERN COPPER CORP 7.5 %
FIRST MAJESTIC SILVER CORP 7.4 %
ENDEAVOUR SILVER CORP 5.8 %
FRESNILLO PLC 5.0 %
MAG SILVER CORP 4.7 %
SILVERCREST METALS, INC. 4.7 %
SILVERCORP METALS INC 4.5 %
Total 70.6 %

TOP COUNTRY EXPOSURE
CANADA 56.6 %
UNITED STATES 15.1 %
MEXICO 11.1 %
CHINA 7.4 %
BRITAIN 5.8 %
POLAND 4.0 %
HONG KONG 0.3 %




HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
8.3% -- -- -- 8.3%

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

Technical Indicators
Recent close $28.21
30d moving avg. $0.00
Annualized volatility 0.0%
Short interest (ETF) 0.0%
Relative strength (RSI)

Liquidity measures
Avg. volume (thou.) 0
Turnover 0.0%
Bid/Ask (% of price) 0.00%
ADV underlying (mns) $1,720

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 409 potential alternatives to the Themes Silver Miners ETF ETF based on the alternatives' overlap in portfolio holdings with AGMI. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: AGMI Expense: 35 bp ALTAR Score™: 4.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH AGMI
Ticker Fund
Name		 Overlap1
vs AGMI
(%)		 Expense
ratio
(bp)		 Savings
vs AGMI
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs AGMI
(%)
SLVP iShares MSCI Global Silver Miners ETF 54.3 39 -4 3.2 -1.3
SILJ ETFMG Prime Junior Silver Miners ETF 46.5 69 -34 1.5 -3.0
SIL Global X Silver Miners ETF 25.8 65 -30 2.2 -2.4
COPX Global X Copper Miners ETF 16.3 65 -30 8.2 +3.7
SGDM Sprott Gold Miners ETF 14.7 50 -15 5.4 +0.9
ICOP iShares Copper and Metals Mining ETF 14.4 47 -12 10.1 +5.6
EPU iShares MSCI Peru and Global Exposure ETF 13.9 59 -24 5.5 +1.0
RING iShares MSCI Global Gold Miners ETF 13.0 39 -4 5.6 +1.0
GOAU U.S. Global GO GOLD and Precious Metal Miners ETF 10.5 60 -25 4.8 +0.3
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 10.4 85 -50 8.6 +4.0
GDXJ VanEck Junior Gold Miners ETF 9.5 52 -17 4.5 -0.0
NANR SPDR S&P North American Natural Resources ETF 8.6 35 0 7.4 +2.9
GOEX Global X Gold Explorers ETF 8.0 65 -30 4.4 -0.1
XME SPDR S&P Metals & Mining ETF 7.6 35 0 8.3 +3.7
GDX VanEck Gold Miners ETF 7.2 51 -16 4.5 -0.1
COPA Themes Copper Miners ETF 7.2 35 0 7.3 +2.8
GMET VanEck Green Metals ETF 6.2 63 -28 10.7 +6.2
FTWO Strive FAANG 2.0 ETF 5.9 49 -14 4.7 +0.2
SETM Sprott Energy Transition Materials ETF 5.9 65 -30 6.0 +1.4
GNR SPDR S&P Global Natural Resources ETF 5.9 40 -5 9.7 +5.2
INFL Horizon Kinetics Inflation Beneficiaries ETF 5.8 85 -50 3.5 -1.0
MXI iShares Global Materials ETF 5.4 41 -6 7.0 +2.5
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 5.2 60 -25 5.2 +0.7
CCSO Carbon Collective Climate Solutions US Equity ETF 4.6 35 0 1.9 -2.6
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 4.3 46 -11 9.3 +4.8
IYM iShares U.S. Basic Materials ETF 4.0 40 -5 6.7 +2.2
EPOL iShares MSCI Poland ETF 3.9 59 -24 12.9 +8.4
CVAR Cultivar ETF 3.8 87 -52 6.7 +2.2
DMAT Global X Disruptive Materials ETF 3.7 59 -24 10.5 +6.0
PICK iShares MSCI Global Metals & Mining Producers ETF 3.7 39 -4 12.8 +8.3
EWC iShares MSCI Canada ETF 3.7 50 -15 6.5 +2.0
FCA First Trust China AlphaDEX Fund 3.1 80 -45 16.2 +11.6
FMAT Fidelity MSCI Materials Index ETF 3.0 8 27 6.4 +1.9
VAW Vanguard Materials ETF 3.0 10 25 6.3 +1.8
DINT Davis Select International ETF 3.0 55 -20 6.0 +1.5
DWLD Davis Select Worldwide ETF 3.0 63 -28 6.7 +2.2
FLCA Franklin FTSE Canada ETF 2.7 9 26 6.8 +2.3
RSPM Invesco S&P 500 Equal Weight Materials ETF 2.6 40 -5 7.9 +3.4
XLB Materials Select Sector SPDR Fund 2.6 9 26 6.2 +1.7
BBCA JPMorgan BetaBuilders Canada ETF 2.4 19 16 6.6 +2.1
FXZ First Trust Materials AlphaDEX Fund 2.4 61 -26 11.3 +6.8
FTRI First Trust Indxx Global Natural Resources Income ETF 2.2 70 -35 9.8 +5.2
EWW iShares MSCI Mexico ETF 2.1 50 -15 13.2 +8.6
RJMG FT Raymond James Multicap Growth Equity ETF 2.1 85 -50 2.3 -2.3
ILF iShares Latin America 40 ETF 2.1 48 -13 10.4 +5.9
OBOR KraneShares MSCI One Belt One Road Index ETF 2.0 79 -44 10.3 +5.8
DUSA Davis Select U.S. Equity ETF 1.9 61 -26 7.1 +2.6
IGE iShares North American Natural Resources ETF 1.9 41 -6 6.1 +1.6
SGDJ Sprott Junior Gold Miners ETF 1.7 50 -15 5.6 +1.1
LIVR Intelligent Livermore ETF 1.6 69 -34 6.0 +1.5
BIBL Inspire 100 ETF 1.5 35 0 5.1 +0.5
FKU First Trust United Kingdom AlphaDEX Fund 1.5 80 -45 8.5 +4.0
HAP VanEck Natural Resources ETF 1.4 50 -15 10.0 +5.5
IVRA Invesco Real Assets ESG ETF 1.3 59 -24 5.4 +0.9
FXI iShares China Large-Cap ETF 1.3 74 -39 8.2 +3.7
PWB Invesco Large Cap Growth ETF 1.3 56 -21 3.2 -1.3
JCHI JPMorgan Active China ETF 1.2 65 -30 8.0 +3.4
NUDV Nuveen ESG Dividend ETF 1.2 26 9 7.0 +2.5
BNE Blue Horizon BNE ETF 1.2 87 -52 4.6 +0.1
IMTM iShares MSCI Intl Momentum Factor ETF 1.1 30 5 6.3 +1.8
BTHM BlackRock Future U.S. Themes ETF 1.1 60 -25 4.2 -0.3
PTL Inspire 500 ETF 1.1 9 26 5.6 +1.1
ION ProShares S&P Global Core Battery Metals ETF 1.1 58 -23 15.5 +11.0
VOE Vanguard Mid-Cap Value ETF 1.0 7 28 6.9 +2.4
FLMX Franklin FTSE Mexico ETF 1.0 19 16 16.2 +11.7
FTHF First Trust Emerging Markets Human Flourishing ETF 1.0 75 -40 8.9 +4.4
VRAI Virtus Real Asset Income ETF 1.0 55 -20 8.0 +3.4
DVY iShares Select Dividend ETF 1.0 38 -3 8.0 +3.5
DEHP Dimensional Emerging Markets High Profitability ETF 1.0 41 -6 5.0 +0.5
ESMV iShares ESG MSCI USA Min Vol Factor ETF 0.9 18 17 5.6 +1.1
YALL God Bless America ETF 0.9 65 -30 3.2 -1.4
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.9 20 15 6.9 +2.4
NULV Nuveen ESG Large-Cap Value ETF 0.9 26 9 6.7 +2.2
FLCH Franklin FTSE China ETF 0.9 19 16 8.8 +4.3
CCNR ALPS CoreCommodity Natural Resources ETF 0.8 39 -4 11.0 +6.5
MCHI iShares MSCI China ETF 0.8 59 -24 8.4 +3.9
MTUM iShares MSCI USA Momentum Factor ETF 0.8 15 20 4.1 -0.4
EQLT iShares MSCI Emerging Markets Quality Factor ETF 0.8 35 0 7.4 +2.9
BLES Inspire Global Hope ETF 0.8 61 -26 6.4 +1.9
GVAL Cambria Global Value ETF 0.8 68 -33 13.1 +8.6
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.7 12 23 5.9 +1.3
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.7 80 -45 10.8 +6.3
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 0.7 65 -30 7.9 +3.4
RAYC Rayliant Quantamental China Equity ETF 0.7 80 -45 8.6 +4.1
GWX SPDR S&P International Small Cap ETF 0.7 40 -5 6.5 +2.0
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 0.7 60 -25 7.7 +3.2
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.7 49 -14 7.0 +2.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.6 12 23 4.8 +0.3
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 0.6 32 3 6.9 +2.3
FUNL CornerCap Fundametrics Large-Cap ETF 0.6 50 -15 6.7 +2.2
GVLU Gotham 1000 Value ETF 0.6 50 -15 7.4 +2.9
GXC SPDR S&P China ETF 0.6 59 -24 8.3 +3.8
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.6 18 17 7.2 +2.7
VIDI Vident International Equity Strategy ETF 0.6 61 -26 10.2 +5.7
SCHC Schwab International Small-Cap Equity ETF 0.6 11 24 6.6 +2.1
UEVM VictoryShares Emerging Markets Value Momentum ETF 0.6 45 -10 12.3 +7.8
VO Vanguard Mid-Cap ETF 0.6 4 31 5.3 +0.8
KALL KraneShares MSCI All China Index ETF 0.6 49 -14 9.0 +4.5
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 0.6 55 -20 8.5 +3.9
AFTY Pacer CSOP FTSE China A50 ETF 0.6 70 -35 9.0 +4.5
CNYA iShares MSCI China A ETF 0.6 60 -25 8.0 +3.5
WWJD Inspire International ETF 0.5 80 -45 7.3 +2.8
FYC First Trust Small Cap Growth AlphaDEX Fund 0.5 71 -36 -0.5 -5.0
CGGR Capital Group Growth ETF 0.5 39 -4 3.2 -1.3
STXI Strive International Developed Markets ETF 0.5 29 6 6.9 +2.4
VIGI Vanguard International Dividend Appreciation ETF 0.5 15 20 6.4 +1.9
AVEM Avantis Emerging Markets Equity ETF 0.5 33 2 8.9 +4.3
IMCG iShares Morningstar Mid-Cap Growth ETF 0.5 6 29 4.0 -0.6
SPEM SPDR Portfolio Emerging Markets ETF 0.5 7 28 7.3 +2.8
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.5 50 -15 13.0 +8.5
SPMV Invesco S&P 500 Minimum Variance ETF 0.4 10 25 5.5 +0.9
USMV iShares MSCI USA Min Vol Factor ETF 0.4 15 20 5.6 +1.1
RSPE Invesco ESG S&P 500 Equal Weight ETF 0.4 20 15 6.4 +1.8
EQAL Invesco Russell 1000 Equal Weight ETF 0.4 20 15 6.3 +1.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.4 20 15 5.2 +0.6
ACWX iShares MSCI ACWI ex U.S. ETF 0.4 34 1 7.0 +2.4
CWI SPDR MSCI ACWI ex-US ETF 0.4 30 5 6.9 +2.4
JHEM John Hancock Multifactor Emerging Markets ETF 0.4 49 -14 8.2 +3.7
AVIV Avantis International Large Cap Value ETF 0.4 25 10 9.0 +4.4
IMCB iShares Morningstar Mid-Cap ETF 0.4 4 31 5.7 +1.2
EEM iShares MSCI Emerging Markets ETF 0.4 69 -34 6.9 +2.4
SCHF Schwab International Equity ETF 0.4 6 29 7.5 +3.0
IWN iShares Russell 2000 Value ETF 0.4 24 11 4.8 +0.3
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.4 66 -31 10.0 +5.5
ISMD Inspire Small/Mid Cap ETF 0.4 54 -19 5.3 +0.8
IGRO iShares International Dividend Growth ETF 0.4 15 20 7.5 +3.0
VTWV Vanguard Russell 2000 Value ETF 0.4 15 20 4.9 +0.4
IDEV iShares Core MSCI International Developed Markets ETF 0.4 4 31 7.1 +2.6
VEA Vanguard FTSE Developed Markets ETF 0.4 5 30 7.3 +2.8
IXUS iShares Core MSCI Total International Stock ETF 0.4 7 28 7.2 +2.7
RAFE PIMCO RAFI ESG U.S. ETF 0.4 29 6 7.2 +2.7
FNDA Schwab Fundamental US Small Co. Index ETF 0.4 25 10 6.0 +1.5
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.4 45 -10 11.0 +6.5
SNPV Xtrackers S&P 500 Value ESG ETF 0.4 15 20 6.4 +1.9
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.4 60 -25 4.0 -0.6
BKF iShares MSCI BIC ETF 0.4 69 -34 6.9 +2.4
IMCV iShares Morningstar Mid-Cap Value ETF 0.4 6 29 7.5 +3.0
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.4 24 11 9.2 +4.7
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.4 39 -4 7.4 +2.9
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.4 7 28 6.7 +2.2
SPDW SPDR Portfolio Developed World ex-US ETF 0.4 3 32 7.2 +2.7
FEM First Trust Emerging Markets AlphaDEX Fund 0.4 80 -45 13.0 +8.5
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.4 30 5 7.3 +2.8
AVSD Avantis Responsible International Equity ETF 0.4 23 12 7.1 +2.6
IEMG iShares Core MSCI Emerging Markets ETF 0.4 9 26 7.5 +2.9
VXUS Vanguard Total International Stock ETF 0.4 7 28 7.2 +2.7
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.4 80 -45 9.1 +4.6
GMF SPDR S&P Emerging Asia Pacific ETF 0.4 49 -14 6.1 +1.6
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.4 33 2 8.2 +3.7
VEU Vanguard FTSE All-World ex-US Index Fund 0.3 8 27 7.3 +2.7
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.3 29 6 6.5 +2.0
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.3 42 -7 8.1 +3.5
XCNY SPDR S&P Emerging Markets ex-China ETF 0.3 15 20 6.3 +1.8
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.3 30 5 8.1 +3.6
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 0.3 60 -25 1.4 -3.2
RVRB Reverb ETF 0.3 30 5 4.7 +0.2
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.3 39 -4 4.1 -0.5
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.3 41 -6 7.4 +2.9
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.3 39 -4 7.5 +3.0
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.3 39 -4 12.5 +8.0
PXH Invesco FTSE RAFI Emerging Markets ETF 0.3 49 -14 12.2 +7.7
DFAT Dimensional U.S. Targeted Value ETF 0.3 28 7 7.8 +3.2
VYM Vanguard High Dividend Yield Index ETF 0.3 6 29 6.8 +2.3
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.3 38 -3 7.8 +3.3
CCMG CCM Global Equity ETF 0.3 34 1 7.6 +3.0
DFLV Dimensional US Large Cap Value ETF 0.3 22 13 7.4 +2.9
AVDE Avantis International Equity ETF 0.3 23 12 8.1 +3.5
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.3 18 17 7.0 +2.5
SSPY Syntax Stratified LargeCap ETF 0.3 30 5 6.3 +1.8
IWX iShares Russell Top 200 Value ETF 0.3 20 15 6.0 +1.5
FLHK Franklin FTSE Hong Kong ETF 0.3 9 26 6.8 +2.3
MCH Matthews China Active ETF 0.3 79 -44 5.4 +0.9
FDRR Fidelity Dividend ETF for Rising Rates 0.3 15 20 7.4 +2.9
FVAL Fidelity Value Factor ETF 0.3 15 20 7.1 +2.6
AVSC Avantis U.S Small Cap Equity ETF 0.3 25 10 4.7 +0.2
UMMA Wahed Dow Jones Islamic World ETF 0.3 65 -30 4.6 +0.0
EMXC iShares MSCI Emerging Markets ex China ETF 0.3 25 10 6.7 +2.2
STXK Strive Small-Cap ETF 0.3 18 17 5.0 +0.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.3 9 26 5.4 +0.8
FLLA Franklin FTSE Latin America ETF 0.3 19 16 13.2 +8.6
EVUS iShares ESG Aware MSCI USA Value ETF 0.3 18 17 6.4 +1.9
VSGX Vanguard ESG International Stock ETF 0.3 12 23 6.8 +2.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.3 45 -10 8.9 +4.4
AVES Avantis Emerging Markets Value ETF 0.3 36 -1 11.6 +7.1
EEMA iShares MSCI Emerging Markets Asia ETF 0.3 49 -14 6.5 +2.0
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.3 65 -30 12.8 +8.2
HLAL Wahed FTSE USA Shariah ETF 0.3 50 -15 4.9 +0.4
DFAE Dimensional Emerging Core Equity Market ETF 0.3 35 0 7.3 +2.8
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.3 15 20 4.7 +0.2
FLAX Franklin FTSE Asia Ex Japan ETF 0.3 19 16 6.9 +2.3
DFIS Dimensional International Small Cap ETF 0.3 39 -4 6.9 +2.4
TPIF Timothy Plan International ETF 0.3 62 -27 6.8 +2.3
NULC Nuveen ESG Large-Cap ETF 0.3 21 14 5.3 +0.8
GVUS Marketbeta Russell 1000 Value Equity ETF 0.3 12 23 6.2 +1.7
EVLU iShares MSCI Emerging Markets Value Factor ETF 0.2 35 0 12.4 +7.9
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.2 70 -35 6.2 +1.6
RNSC Furst Trust Small Cap US Equity Select ETF 0.2 60 -25 6.8 +2.3
AVUV Avantis U.S. Small Cap Value ETF 0.2 25 10 8.8 +4.3
BKEM BNY Mellon Emerging Markets Equity ETF 0.2 11 24 8.4 +3.9
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.2 36 -1 7.8 +3.3
DFEV Dimensional Emerging Markets Value ETF 0.2 43 -8 11.1 +6.5
ARGT Global X MSCI Argentina ETF 0.2 59 -24 5.4 +0.9
BFOR ALPS Barron's 400 ETF 0.2 65 -30 5.6 +1.1
KLMT Invesco MSCI Global Climate 500 ETF 0.2 10 25 5.4 +0.9
JMOM JPMorgan U.S. Momentum Factor ETF 0.2 12 23 4.5 -0.0
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 23 5.8 +1.2
QDF FlexShares Quality Dividend Index Fund 0.2 37 -2 4.2 -0.4
USXF iShares ESG Advanced MSCI USA ETF 0.2 10 25 5.0 +0.5
IVLU iShares MSCI Intl Value Factor ETF 0.2 30 5 11.4 +6.9
IVE iShares S&P 500 Value ETF 0.2 18 17 6.3 +1.7
SPYV SPDR Portfolio S&P 500 Value ETF 0.2 4 31 6.4 +1.9
VOOV Vanguard S&P 500 Value ETF 0.2 10 25 6.3 +1.8
FNDC Schwab Fundamental International Small Co. Index ETF 0.2 39 -4 7.2 +2.7
CIL VictoryShares International Volatility Wtd ETF 0.2 45 -10 7.0 +2.5
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 0.2 51 -16 7.1 +2.6
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 0.2 32 3 6.0 +1.4
FDEM Fidelity Emerging Markets Multifactor ETF 0.2 25 10 12.3 +7.8
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.2 32 3 4.8 +0.3
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.2 9 26 4.9 +0.4
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.2 10 25 5.1 +0.6
SCHV Schwab U.S. Large-Cap Value ETF 0.2 4 31 6.4 +1.9
SCHE Schwab Emerging Markets Equity ETF 0.2 11 24 7.1 +2.6
FNDF Schwab Fundamental International Large Co. Index ETF 0.2 25 10 9.9 +5.3
FYX First Trust Small Cap Core AlphaDEX Fund 0.2 61 -26 4.6 +0.0
VTV Vanguard Value ETF 0.2 4 31 6.6 +2.0
SFY SoFi Select 500 ETF 0.2 0 35 4.5 -0.1
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.2 15 20 7.2 +2.7
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.2 9 26 5.8 +1.2
VWO Vanguard FTSE Emerging Markets ETF 0.2 8 27 6.9 +2.4
IUSV iShares Core S&P US Value ETF 0.2 4 31 6.4 +1.9
SHE SPDR MSCI USA Gender Diversity ETF 0.2 20 15 4.9 +0.4
WOMN Impact Shares YWCA Women's Empowerment ETF 0.2 75 -40 4.7 +0.1
IWM iShares Russell 2000 ETF 0.2 19 16 2.8 -1.7
ACWI iShares MSCI ACWI ETF 0.2 32 3 5.3 +0.8
RSSL Global X Russell 2000 ETF 0.2 8 27 2.6 -1.9
VTWO Vanguard Russell 2000 ETF 0.2 10 25 2.9 -1.6
STXV Strive 1000 Value ETF 0.2 18 17 7.5 +3.0
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.2 15 20 10.2 +5.7
NACP Impact Shares NAACP Minority Empowerment ETF 0.2 49 -14 5.0 +0.4
ESGE iShares ESG Aware MSCI EM ETF 0.2 25 10 7.1 +2.6
STXE Strive Emerging Markets Ex-China ETF 0.2 32 3 7.0 +2.5
TOK iShares MSCI Kokusai ETF 0.2 26 9 5.0 +0.5
QDEF FlexShares Quality Dividend Defensive Index Fund 0.2 37 -2 3.9 -0.6
VT Vanguard Total World Stock ETF 0.2 7 28 5.5 +1.0
DFUV Dimensional US Marketwide Value ETF 0.2 22 13 7.2 +2.6
TTAI FCF International Quality ETF 0.2 59 -24 5.6 +1.1
EWUS iShares MSCI United Kingdom Small Cap ETF 0.2 59 -24 5.8 +1.3
IWD iShares Russell 1000 Value ETF 0.2 19 16 6.1 +1.6
QUS SPDR MSCI USA StrategicFactors ETF 0.2 15 20 5.7 +1.2
VONV Vanguard Russell 1000 Value ETF 0.2 8 27 6.3 +1.7
PRF Invesco FTSE RAFI US 1000 ETF 0.2 39 -4 6.8 +2.2
URTH iShares MSCI World ETF 0.2 24 11 5.2 +0.7
BKSE BNY Mellon US Small Cap Core Equity ETF 0.2 4 31 4.8 +0.2
FEP First Trust Europe AlphaDEX Fund 0.2 80 -45 7.8 +3.3
SUSL iShares ESG MSCI USA Leaders ETF 0.2 10 25 5.1 +0.6
SCHA Schwab U.S. Small-Cap ETF 0.2 4 31 4.4 -0.1
DSI iShares MSCI KLD 400 Social ETF 0.2 25 10 5.0 +0.5
SUSA iShares MSCI USA ESG Select ETF 0.2 25 10 5.0 +0.5
DFAS Dimensional U.S. Small Cap ETF 0.2 26 9 5.5 +1.0
QINT American Century Quality Diversified International ETF 0.2 39 -4 7.7 +3.2
EPS WisdomTree U.S. LargeCap Fund 0.2 8 27 5.9 +1.4
OALC OneAscent Large Cap Core ETF 0.2 86 -51 4.3 -0.2
SPXT ProShares S&P 500 Ex-Technology ETF 0.2 9 26 5.3 +0.8
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.2 59 -24 11.3 +6.8
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 26 5.2 +0.7
BKIE BNY Mellon International Equity ETF 0.2 4 31 7.1 +2.6
FNDB Schwab Fundamental US Broad Market Index ETF 0.2 25 10 6.8 +2.2
DISV Dimensional International Small Cap Value ETF 0.2 42 -7 9.1 +4.6
DIVB iShares Core Dividend ETF 0.2 5 30 7.5 +3.0
ESGG FlexShares STOXX Global ESG Select Index Fund 0.2 42 -7 5.1 +0.6
FESM Fidelity Enhanced Small Cap ETF 0.2 28 7 1.7 -2.8
VFMO Vanguard U.S. Momentum Factor ETF 0.2 13 22 2.1 -2.4
SNPE Xtrackers S&P 500 ESG ETF 0.2 10 25 5.1 +0.6
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.2 7 28 5.0 +0.4
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.2 9 26 3.3 -1.2
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.2 30 5 8.0 +3.4
ERNZ TrueShares Active Yield ETF 0.2 75 -40 10.9 +6.4
VBR Vanguard Small Cap Value ETF 0.2 7 28 7.8 +3.3
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.2 45 -10 4.7 +0.2
JHML John Hancock Multifactor Large Cap ETF 0.2 29 6 5.3 +0.8
DES WisdomTree U.S. SmallCap Dividend Fund 0.2 38 -3 6.8 +2.3
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.2 20 15 4.9 +0.3
AVSU Avantis Responsible U.S. Equity ETF 0.2 15 20 6.1 +1.6
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 10 6.8 +2.3
RSP Invesco S&P 500 Equal Weight ETF 0.1 20 15 6.1 +1.5
IQLT iShares MSCI Intl Quality Factor ETF 0.1 30 5 6.2 +1.7
ESGU iShares ESG Aware MSCI USA ETF 0.1 15 20 5.0 +0.5
SIZE iShares MSCI USA Size Factor ETF 0.1 15 20 5.6 +1.1
BKLC BNY Mellon US Large Cap Core Equity ETF 0.1 0 35 5.0 +0.5
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.1 7 28 4.9 +0.4
AVUS Avantis U.S. Equity ETF 0.1 15 20 5.6 +1.1
SPXN ProShares S&P 500 Ex-Financials ETF 0.1 9 26 5.1 +0.5
AVDV Avantis International Small Cap Value ETF 0.1 36 -1 8.1 +3.6
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.1 41 -6 7.4 +2.9
ISCV iShares Morningstar Small Cap Value ETF 0.1 6 29 7.2 +2.7
IWL iShares Russell Top 200 ETF 0.1 15 20 4.7 +0.2
VLU SPDR S&P 1500 Value Tilt ETF 0.1 12 23 6.7 +2.1
XMAG Defiance Large Cap ex-Mag 7 ETF 0.1 35 0 5.1 +0.6
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 25 5.3 +0.8
SPXV ProShares S&P 500 Ex-Health Care ETF 0.1 9 26 4.7 +0.2
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.1 2 33 5.0 +0.5
VOTE TCW Transform 500 ETF 0.1 5 30 4.9 +0.4
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 11 24 4.9 +0.4
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.1 8 27 5.0 +0.4
IUS Invesco RAFI Strategic US ETF 0.1 19 16 6.8 +2.3
EUSA iShares MSCI USA Equal Weighted ETF 0.1 9 26 5.7 +1.2
DFAU Dimensional US Core Equity Market ETF 0.1 12 23 5.0 +0.5
EMXF iShares ESG Advanced MSCI EM ETF 0.1 16 19 6.8 +2.3
DFAI Dimensional International Core Equity Market ETF 0.1 18 17 7.3 +2.8
DCOR Dimensional US Core Equity 1 ETF 0.1 14 21 5.3 +0.8
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 20 5.9 +1.4
SPXE ProShares S&P 500 Ex-Energy ETF 0.1 9 26 4.9 +0.4
LDEM iShares ESG MSCI EM Leaders ETF 0.1 17 18 7.6 +3.1
ISCB iShares Morningstar Small-Cap ETF 0.1 4 31 4.8 +0.2
DFAC Dimensional U.S. Core Equity 2 ETF 0.1 17 18 5.3 +0.8
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 26 4.8 +0.3
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 5 5.9 +1.4
DFUS Dimensional U.S. Equity ETF 0.1 9 26 4.9 +0.3
ILCV iShares Morningstar Value ETF 0.1 4 31 6.2 +1.7
FELV Fidelity Enhanced Large Cap Value ETF 0.1 18 17 6.4 +1.9
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.1 20 15 6.8 +2.3
AFLG First Trust Active Factor Large Cap ETF 0.1 55 -20 5.8 +1.3
ILCB iShares Morningstar U.S. Equity ETF 0.1 3 32 4.9 +0.4
IWV iShares Russell 3000 ETF 0.1 20 15 4.7 +0.1
VTHR Vanguard Russell 3000 ETF 0.1 10 25 4.7 +0.2
INRO iShares U.S. Industry Rotation Active ETF 0.1 42 -7 4.5 -0.1
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.1 12 23 4.5 0.0
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.1 64 -29 1.8 -2.7
SCHB Schwab U.S. Broad Market ETF 0.1 3 32 4.9 +0.4
ILCG iShares Morningstar Growth ETF 0.1 4 31 3.9 -0.6
VONE Vanguard Russell 1000 ETF 0.1 8 27 4.9 +0.4
XVV iShares ESG Screened S&P 500 ETF 0.1 8 27 4.9 +0.4
IWB iShares Russell 1000 ETF 0.1 15 20 4.8 +0.3
ISCG iShares Morningstar Small-Cap Growth ETF 0.1 6 29 2.3 -2.3
DFSV Dimensional US Small Cap Value ETF 0.1 31 4 8.3 +3.7
GDEF Goldman Sachs Defensive Equity ETF 0.1 55 -20 4.7 +0.2
SCHX Schwab U.S. Large-Cap ETF 0.1 3 32 5.0 +0.5
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.1 29 6 6.4 +1.9
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.1 25 10 5.2 +0.7
CATH Global X S&P 500 Catholic Values Custom ETF 0.1 29 6 4.9 +0.4
SCHK Schwab 1000 Index ETF 0.1 5 30 5.0 +0.5
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 15 4.8 +0.3
IVV iShares Core S&P 500 ETF 0.1 3 32 5.0 +0.5
SPY SPDR S&P 500 ETF Trust 0.1 9 26 5.0 +0.4
VOO Vanguard S&P 500 ETF 0.1 3 32 5.0 +0.5
VV Vanguard Large-Cap ETF 0.1 4 31 4.9 +0.4
SPLG SPDR Portfolio S&P 500 ETF 0.1 2 33 5.0 +0.5
VTI Vanguard Total Stock Market ETF 0.1 3 32 4.7 +0.2
RNEM First Trust Emerging Markets Equity Select ETF 0.1 75 -40 7.6 +3.0
STRV Strive 500 ETF 0.1 5 30 4.9 +0.4
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.1 3 32 4.8 +0.3
PBUS Invesco MSCI USA ETF 0.1 4 31 5.0 +0.4
ACWV iShares MSCI Global Min Vol Factor ETF 0.1 20 15 6.3 +1.8
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.1 7 28 5.3 +0.8
ACVF American Conservative Values ETF 0.1 75 -40 4.2 -0.3
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.1 10 25 4.5 -0.0
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.1 17 18 4.7 +0.2
VB Vanguard Small-Cap ETF 0.1 5 30 4.9 +0.4
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.1 3 32 5.1 +0.6
ISCF iShares International SmallCap Equity Factor ETF 0.1 23 12 9.1 +4.6
IYY iShares Dow Jones U.S. ETF 0.1 20 15 4.8 +0.3
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.1 24 11 8.7 +4.1
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.1 20 15 4.6 +0.1
XCEM Columbia EM Core ex-China ETF 0.1 16 19 7.7 +3.2
IQIN IQ 500 International ETF 0.1 25 10 9.2 +4.7
VXF Vanguard Extended Market ETF 0.1 6 29 3.5 -1.0
DFSU Dimensional US Sustainability Core 1 ETF 0.1 18 17 5.4 +0.9
APUE ActivePassive U.S. Equity ETF 0.1 45 -10 4.8 +0.3
IEUS iShares MSCI Europe Small-Cap ETF 0.1 42 -7 6.4 +1.9
RWL Invesco S&P 500 Revenue ETF 0.1 39 -4 6.7 +2.2
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -40 4.3 -0.3
CRTC Xtrackers US National Critical Technologies ETF 0.1 35 0 5.1 +0.6
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.1 29 6 4.3 -0.2
VGK Vanguard FTSE Europe ETF 0.1 11 24 7.1 +2.5
SPEU SPDR Portfolio Europe ETF 0.1 7 28 7.1 +2.6
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.1 32 3 6.2 +1.7
XC WisdomTree Emerging Markets Ex-China Fund 0.1 32 3 6.0 +1.5
FLGB Franklin FTSE United Kingdom ETF 0.1 9 26 7.9 +3.4
JPIN J.P. Morgan Diversified Return International Equity ETF 0.1 37 -2 8.9 +4.4
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.1 25 10 7.2 +2.7
DFIC Dimensional International Core Equity 2 ETF 0.1 23 12 7.7 +3.2
BBEU JPMorgan BetaBuilders Europe ETF 0.1 9 26 7.1 +2.6
FLEE Franklin FTSE Europe ETF 0.1 9 26 7.2 +2.6
IQSI IQ Candriam International Equity ETF 0.1 15 20 6.6 +2.1
STXG Strive 1000 Growth ETF 0.0 18 17 4.1 -0.5
GSID Goldman Sachs MarketBeta International Equity ETF 0.0 20 15 7.0 +2.5
NUEM Nuveen ESG Emerging Markets Equity ETF 0.0 36 -1 6.5 +1.9
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 23 4.5 -0.1
HFXI IQ FTSE International Equity Currency Neutral ETF 0.0 20 15 7.1 +2.5
EZM WisdomTree U.S. MidCap Fund 0.0 38 -3 7.4 +2.8
DFVX Dimensional US Large Cap Vector ETF 0.0 22 13 6.1 +1.6
IWY iShares Russell Top 200 Growth ETF 0.0 20 15 4.6 +0.1
SCZ iShares MSCI EAFE Small-Cap ETF 0.0 40 -5 6.6 +2.1
VFMF Vanguard U.S. Multifactor ETF 0.0 18 17 8.5 +4.0
IWF iShares Russell 1000 Growth ETF 0.0 19 16 4.5 -0.1
VONG Vanguard Russell 1000 Growth ETF 0.0 8 27 4.6 +0.0
VFVA Vanguard U.S. Value Factor ETF 0.0 13 22 10.0 +5.5
GSPY Gotham Enhanced 500 ETF 0.0 50 -15 5.2 +0.7
EMGF iShares Emerging Markets Equity Factor ETF 0.0 25 10 8.5 +4.0
DUHP Dimensional US High Profitability ETF 0.0 21 14 6.5 +1.9
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 18 6.9 +2.4
ONEO SPDR Russell 1000 Momentum Focus ETF 0.0 20 15 6.8 +2.3
VYMI Vanguard International High Dividend Yield ETF 0.0 22 13 9.8 +5.3
VPL Vanguard FTSE Pacific ETF 0.0 8 27 7.7 +3.2
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 11 6.5 +2.0
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 14 3.8 -0.7
IEUR iShares Core MSCI Europe ETF 0.0 11 24 7.1 +2.5
DFIV Dimensional International Value ETF 0.0 27 8 10.0 +5.5
IEFA iShares Core MSCI EAFE ETF 0.0 7 28 7.1 +2.6

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2019 2020 2021 2022 2023 2024E 2025E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2023 2024E 2025E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 Themes Silver Miners 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 7.3 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 35 bp
Equals: ALTAR Score 4.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.51 CATEGORY
AVERAGE		 1.60
 
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.