Themes Silver Miners ETF
ALTAR
Score™		 5.4% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 20.6x P/Sales
ratio		 2.0x
P/BV
ratio		 2.2x Div.
yield		 0.8%


  • 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) $2
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 24
Wgt avg mkt cap (mns) $21,782
Large cap (>$10bn) 50.1%
Mid cap ($2-10bn) 29.6%
Small cap (<$2bn) 20.4%
Developed mkts 74.7%
Emerging mkts 25.3%

TOP TEN HOLDINGS
NEWMONT MINING CORP 11.0 %
FRANCO-NEVADA CORP 9.1 %
ZIJIN MINING GROUP CO LTD-H 8.3 %
SILVER WHEATON CORP 8.3 %
HECLA MINING CO 5.1 %
COEUR D'ALENE MINES CORP 5.1 %
FRESNILLO PLC 4.8 %
INDUSTRIAS PENOLES SAB DE CV 4.7 %
KGHM POLSKA MIEDZ S.A. 4.4 %
SOUTHERN COPPER CORP 4.2 %
Total 64.9 %

TOP COUNTRY EXPOSURE
CANADA 41.0 %
UNITED STATES 25.2 %
CHINA 14.2 %
BRITAIN 5.9 %
MEXICO 4.5 %
POLAND 3.8 %
HONG KONG 2.8 %




HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 29)
Year-to-date 1 year 5 years 10 years Since Incep.
77.4% 65.4% -- -- 51.5%

Market Correlations
versus... Beta R-squared
S&P500 -0.03 0%
MSCI EAFE 0.26 1%
MSCI Emg. Mkts. 0.37 1%

Technical Indicators
Recent close $43.48
30d moving avg. $39.09
Annualized volatility 34.3%
Short interest (ETF) 13.8%
Relative strength (RSI) 70

Liquidity measures
Avg. volume (thou.) 2
Turnover 5.0%
Bid/Ask (% of price) 0.00%
ADV underlying (mns) $792

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 448 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™: 5.4%


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
(%)
SILJ ETFMG Prime Junior Silver Miners ETF 39.9 69 -34 2.5 -2.9
SLVP iShares MSCI Global Silver Miners ETF 36.5 39 -4 6.8 +1.4
SIL Global X Silver Miners ETF 32.1 65 -30 3.1 -2.4
SGDM Sprott Gold Miners ETF 30.6 50 -15 3.3 -2.1
RING iShares MSCI Global Gold Miners ETF 26.0 39 -4 4.5 -0.9
COPX Global X Copper Miners ETF 21.8 65 -30 7.5 +2.0
GDX VanEck Gold Miners ETF 16.5 51 -16 3.5 -1.9
GOEX Global X Gold Explorers ETF 16.0 65 -30 3.2 -2.2
ICOP iShares Copper and Metals Mining ETF 15.4 47 -12 8.5 +3.1
XME SPDR S&P Metals & Mining ETF 15.0 35 0 7.3 +1.8
GOAU U.S. Global GO GOLD and Precious Metal Miners ETF 13.5 60 -25 3.9 -1.5
EPU iShares MSCI Peru and Global Exposure ETF 13.3 59 -24 6.7 +1.2
GDXJ VanEck Junior Gold Miners ETF 12.5 52 -17 4.6 -0.8
COPA Themes Copper Miners ETF 12.2 35 0 5.8 +0.4
NANR SPDR S&P North American Natural Resources ETF 11.3 35 0 7.8 +2.4
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 10.3 60 -25 6.1 +0.7
IYM iShares U.S. Basic Materials ETF 10.0 40 -5 6.0 +0.6
FTWO Strive FAANG 2.0 ETF 8.8 49 -14 4.3 -1.1
GNR SPDR S&P Global Natural Resources ETF 7.8 40 -5 11.0 +5.5
INFL Horizon Kinetics Inflation Beneficiaries ETF 7.5 85 -50 3.9 -1.5
FXZ First Trust Materials AlphaDEX Fund 7.4 61 -26 9.9 +4.5
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 7.4 85 -50 8.7 +3.3
MXI iShares Global Materials ETF 7.2 41 -6 7.6 +2.2
VAW Vanguard Materials ETF 6.8 9 26 6.0 +0.6
GMET VanEck Green Metals ETF 6.1 63 -28 9.1 +3.7
CVAR Cultivar ETF 6.0 87 -52 6.8 +1.3
XLB Materials Select Sector SPDR Fund 5.8 8 27 6.3 +0.9
BATT Amplify Lithium & Battery Technology ETF 5.2 59 -24 3.6 -1.8
RSPM Invesco S&P 500 Equal Weight Materials ETF 5.1 40 -5 7.6 +2.2
RJMG FT Raymond James Multicap Growth Equity ETF 5.0 85 -50 2.1 -3.4
FEOE First Eagle Overseas Equity ETF 4.9 79 -44 8.1 +2.6
DMAT Global X Disruptive Materials ETF 4.7 59 -24 7.7 +2.3
QVAL Alpha Architect US Quantitative Value ETF 4.4 39 -4 9.8 +4.4
FEGE First Eagle Global Equity ETF 4.3 79 -44 7.0 +1.6
FMAT Fidelity MSCI Materials Index ETF 4.3 8 27 6.1 +0.6
CCSO Carbon Collective Climate Solutions US Equity ETF 4.2 35 0 1.0 -4.4
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 4.2 46 -11 9.8 +4.4
SETM Sprott Energy Transition Materials ETF 4.2 65 -30 2.7 -2.7
FTRI First Trust Indxx Global Natural Resources Income ETF 4.2 70 -35 7.6 +2.1
TIME Clockwise Core Equity & Innovation ETF 4.1 95 -60 2.9 -2.5
EWC iShares MSCI Canada ETF 3.9 50 -15 6.1 +0.7
EWW iShares MSCI Mexico ETF 3.6 50 -15 10.3 +4.9
EPOL iShares MSCI Poland ETF 3.6 59 -24 11.4 +6.0
ARGT Global X MSCI Argentina ETF 3.5 59 -24 4.6 -0.9
EV Mast Global Battery Recycling & Production ETF 3.5 65 -30 10.5 +5.1
PICK iShares MSCI Global Metals & Mining Producers ETF 3.3 39 -4 12.7 +7.3
IGE iShares North American Natural Resources ETF 3.2 41 -6 7.4 +2.0
SGDJ Sprott Junior Gold Miners ETF 3.1 50 -15 4.3 -1.1
DINT Davis Select International ETF 3.1 55 -20 8.1 +2.7
CCNR ALPS CoreCommodity Natural Resources ETF 2.8 39 -4 11.0 +5.6
FLCA Franklin FTSE Canada ETF 2.7 9 26 6.5 +1.1
FKU First Trust United Kingdom AlphaDEX Fund 2.6 80 -45 7.3 +1.9
CBSE Clough Select Equity ETF 2.5 85 -50 0.9 -4.5
FTGS First Trust Growth Strength ETF 2.4 60 -25 5.0 -0.4
SDOG ALPS Sector Dividend Dogs ETF 2.4 36 -1 9.3 +3.9
LYLD Cambria Large Cap Shareholder Yield ETF 2.3 59 -24 9.4 +4.0
FLOW Global X U.S. Cash Flow Kings 100 ETF 2.3 25 10 11.1 +5.7
BBCA JPMorgan BetaBuilders Canada ETF 2.3 19 16 6.3 +0.9
OBOR KraneShares MSCI One Belt One Road Index ETF 2.3 79 -44 9.1 +3.7
EDOG ALPS Emerging Sector Dividend Dogs ETF 2.3 60 -25 10.9 +5.5
FLMX Franklin FTSE Mexico ETF 2.2 19 16 10.6 +5.2
LIVR Intelligent Livermore ETF 2.2 69 -34 5.4 +0.0
DWLD Davis Select Worldwide ETF 2.2 63 -28 7.2 +1.8
SPDV AAM S&P 500 High Dividend Value ETF 2.1 29 6 10.4 +5.0
IVRA Invesco Real Assets ESG ETF 2.0 59 -24 6.2 +0.8
HAP VanEck Natural Resources ETF 2.0 50 -15 9.4 +3.9
ILF iShares Latin America 40 ETF 1.9 48 -13 12.9 +7.5
JCHI JPMorgan Active China ETF 1.9 65 -30 15.2 +9.8
COWZ Pacer US Cash Cows 100 ETF 1.9 49 -14 9.3 +3.9
VFLO VictoryShares Free Cash Flow ETF 1.9 39 -4 10.4 +4.9
ECML Euclidean Fundamental Value ETF 1.8 95 -60 11.1 +5.7
PWV Invesco Large Cap Value ETF 1.8 55 -20 7.0 +1.5
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 1.8 55 -20 7.0 +1.6
FXI iShares China Large-Cap ETF 1.6 74 -39 18.6 +13.2
VOE Vanguard Mid-Cap Value ETF 1.6 7 28 7.6 +2.1
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.5 80 -45 9.7 +4.2
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 1.5 65 -30 6.9 +1.5
YALL God Bless America ETF 1.4 65 -30 3.7 -1.8
ECOW Pacer Emerging Markets Cash Cows 100 ETF 1.4 70 -35 13.2 +7.8
BIBL Inspire 100 ETF 1.4 35 0 5.1 -0.3
DUSA Davis Select U.S. Equity ETF 1.4 61 -26 7.3 +1.9
FEP First Trust Europe AlphaDEX Fund 1.3 80 -45 9.2 +3.7
IMCV iShares Morningstar Mid-Cap Value ETF 1.3 6 29 8.0 +2.6
FYC First Trust Small Cap Growth AlphaDEX Fund 1.3 71 -36 0.5 -5.0
ION ProShares S&P Global Core Battery Metals ETF 1.3 58 -23 9.5 +4.1
RAYC Rayliant Quantamental China Equity ETF 1.3 80 -45 7.3 +1.9
UEVM VictoryShares Emerging Markets Value Momentum ETF 1.3 45 -10 10.8 +5.3
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 1.2 20 15 6.5 +1.1
DEHP Dimensional Emerging Markets High Profitability ETF 1.2 41 -6 6.8 +1.4
SPVM Invesco S&P 500 Value with Momentum ETF 1.2 39 -4 7.6 +2.1
VFVA Vanguard U.S. Value Factor ETF 1.1 13 22 10.8 +5.3
CHGX AXS Change Finance ESG ETF 1.1 49 -14 4.8 -0.6
FTHF First Trust Emerging Markets Human Flourishing ETF 1.1 75 -40 8.7 +3.3
GVLU Gotham 1000 Value ETF 1.1 50 -15 8.9 +3.4
PEXL Pacer US Export Leaders ETF 1.1 60 -25 4.6 -0.8
AVIE Avantis  Inflation Focused Equity ETF 1.1 25 10 7.3 +1.9
DVY iShares Select Dividend ETF 1.1 38 -3 9.0 +3.5
FTA First Trust Large Cap Value AlphaDEX Fund 1.1 59 -24 8.8 +3.4
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 1.1 20 15 10.9 +5.4
FDEM Fidelity Emerging Markets Multifactor ETF 1.0 25 10 13.0 +7.6
FUNL CornerCap Fundametrics Large-Cap ETF 1.0 50 -15 7.2 +1.8
VAMO Cambria Value & Momentum ETF 1.0 61 -26 5.8 +0.4
NUDV Nuveen ESG Dividend ETF 1.0 26 9 7.6 +2.1
IMTM iShares MSCI Intl Momentum Factor ETF 0.9 30 5 5.5 +0.1
GVAL Cambria Global Value ETF 0.9 68 -33 10.5 +5.1
DFLV Dimensional US Large Cap Value ETF 0.9 22 13 7.7 +2.3
SPHQ Invesco S&P 500 Quality ETF 0.9 15 20 5.5 +0.1
VO Vanguard Mid-Cap ETF 0.9 4 31 5.7 +0.3
ONEY SPDR Russell 1000 Yield Focus ETF 0.9 20 15 9.4 +4.0
PTL Inspire 500 ETF 0.9 9 26 5.3 -0.2
ESMV iShares ESG MSCI USA Min Vol Factor ETF 0.8 18 17 5.8 +0.4
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.8 29 6 8.2 +2.8
GWX SPDR S&P International Small Cap ETF 0.8 40 -5 6.0 +0.6
BLES Inspire Global Hope ETF 0.8 61 -26 6.8 +1.4
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 0.8 32 3 7.1 +1.7
MCHI iShares MSCI China ETF 0.8 59 -24 17.4 +12.0
KALL KraneShares MSCI All China Index ETF 0.8 49 -14 14.9 +9.5
GXC SPDR S&P China ETF 0.8 59 -24 15.3 +9.9
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 0.7 49 -14 4.7 -0.7
FCA First Trust China AlphaDEX Fund 0.7 80 -45 8.3 +2.8
SCHC Schwab International Small-Cap Equity ETF 0.7 11 24 6.7 +1.2
RSPE Invesco ESG S&P 500 Equal Weight ETF 0.7 20 15 6.4 +1.0
VIGI Vanguard International Dividend Appreciation ETF 0.7 10 25 6.4 +0.9
IMCB iShares Morningstar Mid-Cap ETF 0.7 4 31 6.0 +0.6
FLCH Franklin FTSE China ETF 0.7 19 16 15.8 +10.4
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.6 49 -14 6.9 +1.5
UMMA Wahed Dow Jones Islamic World ETF 0.6 65 -30 5.5 +0.1
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.6 39 -4 5.8 +0.4
FLLA Franklin FTSE Latin America ETF 0.6 19 16 13.0 +7.6
IWN iShares Russell 2000 Value ETF 0.6 24 11 7.3 +1.9
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.6 12 23 6.0 +0.6
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.6 18 17 7.7 +2.3
LST Leuthold Select Industries ETF 0.6 91 -56 5.1 -0.3
STXK Strive Small-Cap ETF 0.6 18 17 5.8 +0.4
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 0.6 90 -55 7.0 +1.5
SPEM SPDR Portfolio Emerging Markets ETF 0.6 7 28 10.7 +5.3
DFUV Dimensional US Marketwide Value ETF 0.6 22 13 7.5 +2.0
VLUE iShares MSCI USA Value Factor ETF 0.6 15 20 9.5 +4.1
FYX First Trust Small Cap Core AlphaDEX Fund 0.6 61 -26 5.9 +0.5
VTWV Vanguard Russell 2000 Value ETF 0.6 10 25 7.3 +1.9
WWJD Inspire International ETF 0.6 80 -45 7.3 +1.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.5 20 15 5.7 +0.3
EQAL Invesco Russell 1000 Equal Weight ETF 0.5 20 15 6.8 +1.3
FAB First Trust Multi Cap Value AlphaDEX Fund 0.5 67 -32 9.8 +4.3
CGGR Capital Group Growth ETF 0.5 39 -4 3.2 -2.3
VIDI Vident International Equity Strategy ETF 0.5 61 -26 11.0 +5.6
PXH Invesco FTSE RAFI Emerging Markets ETF 0.5 49 -14 16.0 +10.6
FEX First Trust Large Cap Core AlphaDEX Fund 0.5 59 -24 5.8 +0.4
STXV Strive 1000 Value ETF 0.5 18 17 8.0 +2.5
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.5 8 27 6.1 +0.7
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.5 30 5 10.7 +5.2
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.5 39 -4 5.3 -0.1
ONEO SPDR Russell 1000 Momentum Focus ETF 0.5 20 15 7.0 +1.6
PRXV Praxis Impact Large Cap Value ETF 0.5 36 -1 6.5 +1.1
MCH Matthews China Active ETF 0.5 79 -44 14.0 +8.6
AVEM Avantis Emerging Markets Equity ETF 0.5 33 2 8.9 +3.4
GMF SPDR S&P Emerging Asia Pacific ETF 0.5 49 -14 9.7 +4.3
AVSD Avantis Responsible International Equity ETF 0.5 23 12 5.7 +0.3
RSSL Global X Russell 2000 ETF 0.5 8 27 4.4 -1.0
FEM First Trust Emerging Markets AlphaDEX Fund 0.5 80 -45 11.3 +5.9
IWM iShares Russell 2000 ETF 0.5 19 16 4.3 -1.1
EEM iShares MSCI Emerging Markets ETF 0.5 69 -34 10.5 +5.1
DFAT Dimensional U.S. Targeted Value ETF 0.5 28 7 9.2 +3.8
ADME Aptus Drawdown Managed Equity ETF 0.5 79 -44 4.1 -1.3
CWI SPDR MSCI ACWI ex-US ETF 0.5 30 5 7.7 +2.3
ACWX iShares MSCI ACWI ex U.S. ETF 0.5 34 1 7.8 +2.4
VTWO Vanguard Russell 2000 ETF 0.5 7 28 4.4 -1.1
IQLT iShares MSCI Intl Quality Factor ETF 0.5 30 5 6.3 +0.9
IWX iShares Russell Top 200 Value ETF 0.5 20 15 6.2 +0.8
DFIS Dimensional International Small Cap ETF 0.4 39 -4 7.3 +1.9
BKF iShares MSCI BIC ETF 0.4 69 -34 13.7 +8.3
VEA Vanguard FTSE Developed Markets ETF 0.4 3 32 7.3 +1.8
STXI Strive International Developed Markets ETF 0.4 29 6 6.7 +1.3
ISMD Inspire Small/Mid Cap ETF 0.4 54 -19 5.5 +0.1
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.4 38 -3 9.4 +3.9
IXUS iShares Core MSCI Total International Stock ETF 0.4 7 28 8.0 +2.6
KLMN Invesco MSCI North America Climate ETF 0.4 9 26 5.0 -0.4
JHEM John Hancock Multifactor Emerging Markets ETF 0.4 49 -14 10.4 +5.0
VYM Vanguard High Dividend Yield Index ETF 0.4 6 29 7.0 +1.6
IDEV iShares Core MSCI International Developed Markets ETF 0.4 4 31 7.0 +1.6
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.4 65 -30 12.2 +6.7
FNDA Schwab Fundamental US Small Co. Index ETF 0.4 25 10 8.2 +2.8
AFLG First Trust Active Factor Large Cap ETF 0.4 55 -20 6.3 +0.9
SCHF Schwab International Equity ETF 0.4 6 29 7.4 +1.9
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.4 66 -31 9.8 +4.3
VXUS Vanguard Total International Stock ETF 0.4 5 30 8.0 +2.5
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.4 50 -15 11.2 +5.7
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.4 80 -45 10.6 +5.2
SGLC SGI U.S. Large Cap Core ETF 0.4 85 -50 4.0 -1.4
SPDW SPDR Portfolio Developed World ex-US ETF 0.4 3 32 7.1 +1.6
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.4 39 -4 16.5 +11.1
VEU Vanguard FTSE All-World ex-US Index Fund 0.4 4 31 8.2 +2.8
IEMG iShares Core MSCI Emerging Markets ETF 0.4 9 26 10.7 +5.3
KLMT Invesco MSCI Global Climate 500 ETF 0.4 10 25 5.8 +0.3
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.4 39 -4 8.0 +2.5
IGRO iShares International Dividend Growth ETF 0.4 15 20 7.3 +1.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.4 12 23 5.2 -0.2
XCNY SPDR S&P Emerging Markets ex-China ETF 0.4 15 20 7.9 +2.5
EVUS iShares ESG Aware MSCI USA Value ETF 0.4 18 17 6.5 +1.1
DFEV Dimensional Emerging Markets Value ETF 0.4 43 -8 13.5 +8.1
ISCV iShares Morningstar Small Cap Value ETF 0.4 6 29 9.2 +3.8
RAFE PIMCO RAFI ESG U.S. ETF 0.4 29 6 7.1 +1.7
SNPV Xtrackers S&P 500 Value ESG ETF 0.4 15 20 6.7 +1.3
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.4 24 11 8.3 +2.9
WOMN Impact Shares YWCA Women's Empowerment ETF 0.4 75 -40 5.3 -0.1
DXUV Dimensional US Vector Equity ETF 0.4 28 7 6.2 +0.8
IWO iShares Russell 2000 Growth ETF 0.4 24 11 1.3 -4.1
USXF iShares ESG Advanced MSCI USA ETF 0.4 10 25 4.6 -0.8
VTWG Vanguard Russell 2000 Growth ETF 0.4 10 25 1.5 -4.0
HLAL Wahed FTSE USA Shariah ETF 0.4 50 -15 4.8 -0.7
DFAE Dimensional Emerging Core Equity Market ETF 0.4 35 0 9.5 +4.1
AVXC Avantis Emerging Markets Ex-China Equity ETF 0.4 33 2 8.9 +3.5
FCFY First Trust S&P 500 Diversified Free Cash Flow ETF 0.3 60 -25 9.5 +4.1
VTV Vanguard Value ETF 0.3 4 31 6.9 +1.4
FESM Fidelity Enhanced Small Cap ETF 0.3 28 7 7.3 +1.8
DFVX Dimensional US Large Cap Vector ETF 0.3 22 13 6.2 +0.8
GSPY Gotham Enhanced 500 ETF 0.3 50 -15 5.3 -0.1
ILCV iShares Morningstar Value ETF 0.3 4 31 6.4 +1.0
SCHA Schwab U.S. Small-Cap ETF 0.3 4 31 5.9 +0.5
BFOR ALPS Barron's 400 ETF 0.3 65 -30 6.0 +0.5
EWUS iShares MSCI United Kingdom Small Cap ETF 0.3 59 -24 7.6 +2.2
VBR Vanguard Small Cap Value ETF 0.3 7 28 9.1 +3.6
BKIE BNY Mellon International Equity ETF 0.3 4 31 7.1 +1.7
EMXC iShares MSCI Emerging Markets ex China ETF 0.3 25 10 7.9 +2.5
SFY SoFi Select 500 ETF 0.3 0 35 4.4 -1.0
SUSA iShares MSCI USA ESG Select ETF 0.3 25 10 4.7 -0.7
VWO Vanguard FTSE Emerging Markets ETF 0.3 7 28 10.4 +4.9
VOOV Vanguard S&P 500 Value ETF 0.3 7 28 6.3 +0.8
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.3 41 -6 7.5 +2.1
AVDS Avantis International Small Cap Equity ETF 0.3 30 5 7.3 +1.9
RVRB Reverb ETF 0.3 30 5 4.6 -0.9
IVE iShares S&P 500 Value ETF 0.3 18 17 6.1 +0.7
SPYV SPDR Portfolio S&P 500 Value ETF 0.3 4 31 6.3 +0.9
SCHV Schwab U.S. Large-Cap Value ETF 0.3 4 31 6.7 +1.3
SHE SPDR MSCI USA Gender Diversity ETF 0.3 20 15 5.0 -0.4
IWD iShares Russell 1000 Value ETF 0.3 19 16 6.4 +1.0
CCMG CCM Global Equity ETF 0.3 34 1 8.4 +3.0
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.3 30 5 9.3 +3.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.3 9 26 5.7 +0.3
VSGX Vanguard ESG International Stock ETF 0.3 10 25 7.7 +2.3
IUSV iShares Core S&P US Value ETF 0.3 4 31 6.4 +1.0
SCHE Schwab Emerging Markets Equity ETF 0.3 11 24 11.2 +5.7
QINT American Century Quality Diversified International ETF 0.3 39 -4 7.4 +2.0
BKSE BNY Mellon US Small Cap Core Equity ETF 0.3 4 31 5.9 +0.5
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.3 18 17 7.9 +2.5
SHUS Syntax Stratified U.S. Total Market Hedged ETF 0.3 65 -30 6.4 +1.0
SSPY Syntax Stratified LargeCap ETF 0.3 30 5 6.7 +1.3
FLHK Franklin FTSE Hong Kong ETF 0.3 9 26 6.7 +1.3
VONV Vanguard Russell 1000 Value ETF 0.3 7 28 6.5 +1.1
EVLU iShares MSCI Emerging Markets Value Factor ETF 0.3 35 0 18.7 +13.3
ECON Columbia Emerging Markets Consumer ETF 0.3 49 -14 12.7 +7.3
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.3 70 -35 9.5 +4.1
EEMA iShares MSCI Emerging Markets Asia ETF 0.3 49 -14 10.5 +5.1
NULV Nuveen ESG Large-Cap Value ETF 0.3 26 9 6.3 +0.9
WLDR Affinity World Leaders Equity ETF 0.3 67 -32 7.6 +2.2
SUSL iShares ESG MSCI USA Leaders ETF 0.3 10 25 5.0 -0.5
GLBL Pacer MSCI World Industry Advantage ETF 0.3 65 -30 4.2 -1.2
DSI iShares MSCI KLD 400 Social ETF 0.3 25 10 4.8 -0.6
IUS Invesco RAFI Strategic US ETF 0.3 19 16 6.9 +1.5
TPIF Timothy Plan International ETF 0.3 62 -27 6.3 +0.8
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.3 64 -29 2.2 -3.2
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.3 45 -10 4.5 -1.0
ACWI iShares MSCI ACWI ETF 0.3 32 3 5.6 +0.2
RSP Invesco S&P 500 Equal Weight ETF 0.3 20 15 6.6 +1.1
EBI Longview Advantage ETF 0.3 35 0 6.5 +1.1
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.3 39 -4 6.7 +1.3
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.3 15 20 10.4 +5.0
FNDC Schwab Fundamental International Small Co. Index ETF 0.3 39 -4 5.8 +0.4
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.3 45 -10 10.6 +5.1
FLAX Franklin FTSE Asia Ex Japan ETF 0.3 19 16 9.5 +4.1
BKEM BNY Mellon Emerging Markets Equity ETF 0.3 11 24 10.2 +4.8
DFAS Dimensional U.S. Small Cap ETF 0.2 26 9 6.4 +1.0
DFAC Dimensional U.S. Core Equity 2 ETF 0.2 17 18 5.5 +0.1
PRF Invesco FTSE RAFI US 1000 ETF 0.2 39 -4 6.8 +1.4
NACP Impact Shares NAACP Minority Empowerment ETF 0.2 49 -14 4.8 -0.6
DIVB iShares Core Dividend ETF 0.2 5 30 8.0 +2.6
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.2 45 -10 8.9 +3.5
XMAG Defiance Large Cap ex-Mag 7 ETF 0.2 35 0 5.1 -0.3
TOK iShares MSCI Kokusai ETF 0.2 26 9 5.1 -0.4
FVAL Fidelity Value Factor ETF 0.2 15 20 6.9 +1.5
INRO iShares U.S. Industry Rotation Active ETF 0.2 42 -7 4.3 -1.1
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 0.2 32 3 6.0 +0.6
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.2 9 26 4.2 -1.2
AVDE Avantis International Equity ETF 0.2 23 12 7.4 +2.0
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.2 36 -1 10.0 +4.6
VT Vanguard Total World Stock ETF 0.2 6 29 5.9 +0.5
EUSA iShares MSCI USA Equal Weighted ETF 0.2 9 26 6.1 +0.6
SFYX SoFi Next 500 ETF 0.2 0 35 5.8 +0.3
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.2 29 6 4.5 -1.0
SIZE iShares MSCI USA Size Factor ETF 0.2 15 20 6.1 +0.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.2 30 5 7.9 +2.5
ISCB iShares Morningstar Small-Cap ETF 0.2 4 31 6.2 +0.8
URTH iShares MSCI World ETF 0.2 24 11 5.1 -0.3
DXIV Dimensional International Vector Equity ETF 0.2 34 1 7.9 +2.4
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.2 15 20 8.1 +2.7
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.2 8 27 5.0 -0.4
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.2 33 2 10.3 +4.9
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.2 9 26 6.1 +0.7
NULC Nuveen ESG Large-Cap ETF 0.2 21 14 4.7 -0.8
USMV iShares MSCI USA Min Vol Factor ETF 0.2 15 20 5.8 +0.4
DFSV Dimensional US Small Cap Value ETF 0.2 31 4 9.9 +4.5
DFAU Dimensional US Core Equity Market ETF 0.2 12 23 5.0 -0.4
DCOR Dimensional US Core Equity 1 ETF 0.2 14 21 5.4 -0.1
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.2 41 -6 8.8 +3.3
STXE Strive Emerging Markets Ex-China ETF 0.2 32 3 8.0 +2.6
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.2 9 26 4.9 -0.5
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.2 10 25 5.0 -0.5
GVUS Marketbeta Russell 1000 Value Equity ETF 0.2 12 23 6.5 +1.1
DES WisdomTree U.S. SmallCap Dividend Fund 0.2 38 -3 9.2 +3.8
JMOM JPMorgan U.S. Momentum Factor ETF 0.2 12 23 4.5 -0.9
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.2 42 -7 9.8 +4.4
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.2 17 18 5.7 +0.3
FNDB Schwab Fundamental US Broad Market Index ETF 0.2 25 10 7.2 +1.8
ESGU iShares ESG Aware MSCI USA ETF 0.2 15 20 4.7 -0.7
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 23 5.9 +0.5
DSPY Tema S&P 500 Historical Weight ETF 0.2 18 17 5.2 -0.2
VB Vanguard Small-Cap ETF 0.2 5 30 6.1 +0.7
FNDX Schwab Fundamental US Large Co. Index ETF 0.2 25 10 7.2 +1.8
FNDF Schwab Fundamental International Large Co. Index ETF 0.2 25 10 9.6 +4.2
APUE ActivePassive U.S. Equity ETF 0.2 45 -10 4.6 -0.8
IWL iShares Russell Top 200 ETF 0.2 15 20 4.7 -0.8
FELV Fidelity Enhanced Large Cap Value ETF 0.2 18 17 6.7 +1.3
VLU SPDR S&P 1500 Value Tilt ETF 0.2 12 23 7.4 +2.0
CIL VictoryShares International Volatility Wtd ETF 0.2 45 -10 6.6 +1.2
ESGV Vanguard ESG U.S. Stock ETF 0.2 9 26 4.7 -0.7
QVML Invesco S&P 500 QVM Multi-factor ETF 0.2 11 24 5.1 -0.3
FSST Fidelity Sustainable U.S. Equity ETF 0.2 59 -24 4.4 -1.1
VFQY Vanguard U.S. Quality Factor ETF 0.2 13 22 6.3 +0.9
VXF Vanguard Extended Market ETF 0.2 5 30 4.7 -0.7
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.2 12 23 4.6 -0.8
QUS SPDR MSCI USA StrategicFactors ETF 0.2 15 20 5.7 +0.3
DFUS Dimensional U.S. Equity ETF 0.2 9 26 4.8 -0.6
EES WisdomTree U.S. SmallCap Fund 0.2 38 -3 8.7 +3.2
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.2 32 3 5.0 -0.5
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.2 29 6 6.4 +1.0
ROAM Hartford Multifactor Emerging Markets ETF 0.2 44 -9 12.4 +6.9
IWV iShares Russell 3000 ETF 0.2 20 15 4.8 -0.7
VTHR Vanguard Russell 3000 ETF 0.2 7 28 4.9 -0.5
DEXC Dimensional Emerging Markets ex China Core EquityETF 0.2 53 -18 8.0 +2.6
XVV iShares ESG Screened S&P 500 ETF 0.2 8 27 4.8 -0.6
TTAI FCF International Quality ETF 0.2 59 -24 7.2 +1.8
ILCB iShares Morningstar U.S. Equity ETF 0.2 3 32 4.8 -0.6
AVES Avantis Emerging Markets Value ETF 0.2 36 -1 11.2 +5.8
SNPE Xtrackers S&P 500 ESG ETF 0.2 10 25 5.1 -0.3
SPXT ProShares S&P 500 Ex-Technology ETF 0.2 9 26 5.6 +0.1
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 26 5.2 -0.2
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.2 59 -24 9.0 +3.6
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.2 25 10 7.1 +1.7
VTI Vanguard Total Stock Market ETF 0.1 3 32 4.9 -0.5
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 15 4.7 -0.7
SCHB Schwab U.S. Broad Market ETF 0.1 3 32 5.0 -0.4
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.1 3 32 4.9 -0.5
VONE Vanguard Russell 1000 ETF 0.1 7 28 4.9 -0.5
IWB iShares Russell 1000 ETF 0.1 15 20 4.8 -0.6
IVV iShares Core S&P 500 ETF 0.1 3 32 5.0 -0.5
SPLG SPDR Portfolio S&P 500 ETF 0.1 2 33 5.0 -0.5
VOO Vanguard S&P 500 ETF 0.1 3 32 5.0 -0.4
VV Vanguard Large-Cap ETF 0.1 4 31 4.8 -0.6
PBUS Invesco MSCI USA ETF 0.1 4 31 4.9 -0.6
SPY SPDR S&P 500 ETF Trust 0.1 9 26 4.9 -0.5
STRV Strive 500 ETF 0.1 5 30 4.8 -0.6
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.1 20 15 5.0 -0.4
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.1 7 28 5.1 -0.3
CATH Global X S&P 500 Catholic Values Custom ETF 0.1 29 6 4.7 -0.8
AVDV Avantis International Small Cap Value ETF 0.1 36 -1 9.5 +4.1
RWL Invesco S&P 500 Revenue ETF 0.1 39 -4 6.8 +1.4
DFSU Dimensional US Sustainability Core 1 ETF 0.1 18 17 5.4 -0.1
TOV JLens 500 Jewish Advocacy U.S. ETF 0.1 18 17 4.6 -0.8
LDEM iShares ESG MSCI EM Leaders ETF 0.1 17 18 14.1 +8.7
SCHX Schwab U.S. Large-Cap ETF 0.1 3 32 5.0 -0.5
DFAI Dimensional International Core Equity Market ETF 0.1 18 17 7.2 +1.7
SCHK Schwab 1000 Index ETF 0.1 5 30 5.0 -0.4
IYY iShares Dow Jones U.S. ETF 0.1 20 15 4.8 -0.6
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 25 5.2 -0.2
JHML John Hancock Multifactor Large Cap ETF 0.1 29 6 5.4 -0.1
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.1 3 32 5.1 -0.3
EMXF iShares ESG Advanced MSCI EM ETF 0.1 16 19 8.7 +3.2
SPXN ProShares S&P 500 Ex-Financials ETF 0.1 9 26 4.9 -0.5
AVSU Avantis Responsible U.S. Equity ETF 0.1 15 20 6.0 +0.6
VFMO Vanguard U.S. Momentum Factor ETF 0.1 13 22 3.0 -2.4
JPIN J.P. Morgan Diversified Return International Equity ETF 0.1 37 -2 8.4 +3.0
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.1 2 33 4.9 -0.5
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.1 7 28 4.8 -0.6
VOTE TCW Transform 500 ETF 0.1 5 30 4.9 -0.6
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.1 24 11 7.4 +2.0
IDMO Invesco S&P International Developed Momentum ETF 0.1 25 10 5.3 -0.1
DFIC Dimensional International Core Equity 2 ETF 0.1 23 12 7.4 +2.0
BKLC BNY Mellon US Large Cap Core Equity ETF 0.1 0 35 4.9 -0.5
SPXE ProShares S&P 500 Ex-Energy ETF 0.1 9 26 4.8 -0.6
SPXV ProShares S&P 500 Ex-Health Care ETF 0.1 9 26 4.7 -0.8
XCEM Columbia EM Core ex-China ETF 0.1 16 19 8.5 +3.1
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 11 24 4.9 -0.5
LQPE PEO AlphaQuest Thematic PE ETF 0.1 125 -90 5.3 -0.1
ESGE iShares ESG Aware MSCI EM ETF 0.1 25 10 10.4 +5.0
IVLU iShares MSCI Intl Value Factor ETF 0.1 30 5 10.4 +5.0
FELC Fidelity Enhanced Large Cap Core ETF 0.1 18 17 5.2 -0.2
AVUS Avantis U.S. Equity ETF 0.1 15 20 5.7 +0.3
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.1 25 10 5.7 +0.2
IEUS iShares MSCI Europe Small-Cap ETF 0.1 42 -7 7.3 +1.9
ISCF iShares International SmallCap Equity Factor ETF 0.1 23 12 8.2 +2.8
LGDX Intech S&P Large Cap Diversified Alpha ETF 0.1 25 10 5.4 -0.0
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.1 7 28 6.0 +0.6
CRTC Xtrackers US National Critical Technologies ETF 0.1 35 0 4.8 -0.6
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 20 5.3 -0.1
AVSE Avantis Responsible Emerging Markets Equity ETF 0.1 33 2 8.6 +3.2
AVSC Avantis U.S Small Cap Equity ETF 0.1 25 10 5.6 +0.1
ISCG iShares Morningstar Small-Cap Growth ETF 0.1 6 29 2.9 -2.5
DFSI Dimensional International Sustainability Core 1 ETF 0.1 24 11 6.4 +1.0
RNEM First Trust Emerging Markets Equity Select ETF 0.1 75 -40 7.8 +2.3
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 5 6.0 +0.5
ACVF American Conservative Values ETF 0.1 75 -40 4.4 -1.1
AVUQ Avantis U.S. Quality ETF 0.1 15 20 4.4 -1.0
VGK Vanguard FTSE Europe ETF 0.1 6 29 7.5 +2.1
SPEU SPDR Portfolio Europe ETF 0.1 7 28 7.4 +2.0
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.1 20 15 5.6 +0.1
FLGB Franklin FTSE United Kingdom ETF 0.1 9 26 7.6 +2.2
XC WisdomTree Emerging Markets Ex-China Fund 0.1 32 3 6.3 +0.9
AVIV Avantis International Large Cap Value ETF 0.1 25 10 8.6 +3.2
ACWV iShares MSCI Global Min Vol Factor ETF 0.1 20 15 6.2 +0.7
SMLF iShares U.S. SmallCap Equity Factor ETF 0.1 15 20 5.9 +0.5
DISV Dimensional International Small Cap Value ETF 0.1 42 -7 9.1 +3.7
BBEU JPMorgan BetaBuilders Europe ETF 0.1 9 26 7.3 +1.9
FLEE Franklin FTSE Europe ETF 0.1 9 26 7.3 +1.8
IQSI IQ Candriam International Equity ETF 0.1 15 20 6.7 +1.3
DIM WisdomTree International MidCap Dividend Fund 0.1 58 -23 7.5 +2.1
VYMI Vanguard International High Dividend Yield ETF 0.0 17 18 9.6 +4.2
IMFL Invesco International Developed Dynamic Multifactor ETF 0.0 34 1 6.1 +0.7
SCZ iShares MSCI EAFE Small-Cap ETF 0.0 40 -5 6.9 +1.5
GSID Goldman Sachs MarketBeta International Equity ETF 0.0 20 15 6.9 +1.5
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.0 32 3 9.4 +4.0
HFXI IQ FTSE International Equity Currency Neutral ETF 0.0 20 15 7.1 +1.7
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 23 4.5 -0.9
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 -7 5.4 -0.0
THRO iShares U.S. Thematic Rotation Active ETF 0.0 90 -55 4.0 -1.4
DUHP Dimensional US High Profitability ETF 0.0 21 14 6.3 +0.9
EMGF iShares Emerging Markets Equity Factor ETF 0.0 25 10 11.9 +6.5
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 20 4.7 -0.8
DIHP Dimensional International High Profitability ETF 0.0 29 6 7.2 +1.8
VPL Vanguard FTSE Pacific ETF 0.0 7 28 6.9 +1.5
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 18 7.0 +1.6
IEUR iShares Core MSCI Europe ETF 0.0 11 24 7.4 +2.0
DTD WisdomTree U.S. Total Dividend Fund 0.0 28 7 6.3 +0.9
QDF FlexShares Quality Dividend Index Fund 0.0 37 -2 6.2 +0.8
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 14 3.8 -1.7
IEFA iShares Core MSCI EAFE ETF 0.0 7 28 7.1 +1.6
QDEF FlexShares Quality Dividend Defensive Index Fund 0.0 37 -2 6.0 +0.6
VONG Vanguard Russell 1000 Growth ETF 0.0 7 28 4.5 -0.9
DFIV Dimensional International Value ETF 0.0 27 8 9.7 +4.2

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

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RESULTS & ESTIMATES

  2020 2021 2022 2023 2024 2025E 2026E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

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

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

OTHER FUNDAMENTAL METRICS

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

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2024 2025E 2026E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 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 11.9 %
Divided by: Fwd. P/BV 2.1 x
Less: Expense ratio 35 bp
Equals: ALTAR Score 5.4 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.61 CATEGORY
AVERAGE		 1.63
 
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.