AltShares Merger Arbitrage ETF
ALTAR
Score™		 2.6% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 28.3x P/Sales
ratio		 1.7x
P/BV
ratio		 2.1x Div.
yield		 1.2%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
ARB tracks a global USD-hedged index that uses a merger arbitrage strategy by providing long exposure to takeover targets and short exposure the acquiring company.

FUND BASICS
Category US Equities
Fund Sponsor Water Island Capital Partners LP
Website www.altsharesetfs.com/arb
Inception date May 07, 2020
Assets (mns) $139
Currency USD
Expense ratio 77 bp
Distributions Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 95
Wgt avg mkt cap (mns) $49,814
Large cap (>$10bn) 34.0%
Mid cap ($2-10bn) 40.4%
Small cap (<$2bn) 25.6%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
SKECHERS USA INC-CL A 23.5 %
GMS INC. 5.0 %
CHART INDUSTRIES INC 3.9 %
FRONTIER COMMUNICATIONS PARENT, IN 3.8 %
INFORMATICA INC 3.7 %
VERONA PHARMA PLC - ADR 3.7 %
NORFOLK SOUTHERN CORP 3.7 %
SANDSTORM GOLD LTD 3.2 %
PNM RESOURCES INC 3.1 %
AVIDXCHANGE HOLDINGS, INC. 3.0 %
Total 56.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 91.9 %
BRITAIN 9.4 %
CANADA 4.6 %
NETHERLANDS 3.0 %
GERMANY 2.6 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
0.2% 3.8% 4.2% -- 4.1%

Market Correlations
versus... Beta R-squared
S&P500 0.05 11%
MSCI EAFE 0.06 12%
MSCI Emg. Mkts. 0.05 9%

Technical Indicators
Recent close $29.13
30d moving avg. $29.12
Annualized volatility 3.1%
Short interest (ETF) 1.8%
Relative strength (RSI) 52

Liquidity measures
Avg. volume (thou.) 11
Turnover 0.2%
Bid/Ask (% of price) 0.28%
ADV underlying (mns) $5,020

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 551 potential alternatives to the AltShares Merger Arbitrage ETF ETF based on the alternatives' overlap in portfolio holdings with ARB. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: ARB Expense: 77 bp ALTAR Score™: 2.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH ARB
Ticker Fund
Name		 Overlap1
vs ARB
(%)		 Expense
ratio
(bp)		 Savings
vs ARB
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs ARB
(%)
GVIP Goldman Sachs Hedge Industry VIP ETF 4.0 45 32 2.6 -0.1
IYZ iShares U.S. Telecommunications ETF 3.9 40 37 6.0 +3.4
HWAY Themes US Infrastructure ETF 3.9 29 48 4.6 +2.0
SUPL ProShares Supply Chain Logistics ETF 3.7 58 19 7.5 +4.9
LVDS JPMorgan Fundamental Data Science Large Value ETF 3.7 49 28 5.0 +2.4
IYT iShares US Transportation ETF 3.7 40 37 4.4 +1.7
SHPP Pacer Industrials and Logistics ETF 3.7 60 17 6.7 +4.1
XMLV Invesco S&P MidCap Low Volatility ETF 3.4 25 52 6.5 +3.9
XSVM Invesco S&P SmallCap Value with Momentum ETF 3.4 36 41 8.8 +6.2
PAVE Global X U.S. Infrastructure Development ETF 3.4 47 30 4.2 +1.5
SHRY First Trust Bloomberg Shareholder Yield ETF 3.3 60 17 8.0 +5.4
USNG Amplify Samsung U.S. Natural Gas Infrastructure ETF 3.2 59 18 3.2 +0.6
IFRA iShares U.S. Infrastructure ETF 2.9 30 47 5.5 +2.9
SMDV ProShares Russell 2000 Dividend Growers ETF 2.9 40 37 6.9 +4.3
SQLV Royce Quant Small-Cap Quality Value ETF 2.8 60 17 8.3 +5.7
PSCU Invesco S&P SmallCap Utilities & Communication Services ETF 2.8 29 48 4.0 +1.4
RSPN Invesco S&P 500 Equal Weight Industrials ETF 2.6 40 37 4.1 +1.5
CSA VictoryShares US Small Cap Volatility Wtd ETF 2.6 35 42 6.4 +3.8
CBSE Clough Select Equity ETF 2.6 85 -8 0.4 -2.2
XTN State Street SPDR S&P Transportation ETF 2.6 35 42 3.5 +0.9
SVAL iShares US Small Cap Value Factor ETF 2.5 20 57 7.6 +5.0
DIVG Invesco S&P 500 High Dividend Growers ETF 2.4 39 38 7.3 +4.7
RZV Invesco S&P Smallcap 600 Pure Value ETF 2.4 35 42 7.5 +4.9
FLV American Century Focused Large Cap Value ETF 2.4 42 35 5.8 +3.1
RDIV Invesco S&P Ultra Dividend Revenue ETF 2.4 39 38 9.7 +7.1
SMLV State Street SPDR US Small Cap Low Volatility Index ETF 2.3 12 65 3.6 +0.9
FLDZ RiverNorth Patriot ETF 2.2 75 2 5.5 +2.9
FCOM Fidelity MSCI Communication Services Index ETF 2.2 8 69 4.3 +1.6
OPTZ Optimize Strategy Index ETF 2.2 50 27 3.9 +1.3
PEY Invesco High Yield Equity Dividend Achievers ETF 2.2 52 25 9.1 +6.5
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 2.2 40 37 6.5 +3.8
RSPE Invesco ESG S&P 500 Equal Weight ETF 2.2 20 57 5.6 +3.0
XMVM Invesco S&P MidCap Value with Momentum ETF 2.1 39 38 7.6 +4.9
FTDS First Trust Dividend Strength ETF 2.1 70 7 6.7 +4.1
VOX Vanguard Communication Services ETF 2.0 9 68 4.2 +1.6
UPGD Invesco Bloomberg Analyst Rating Improvers ETF 2.0 40 37 5.1 +2.5
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 2.0 60 17 3.8 +1.2
XLC The Communication Services Select Sector SPDR Fund 2.0 8 69 5.1 +2.4
YALL God Bless America ETF 2.0 65 12 4.0 +1.4
FLQS Franklin U.S. Small Cap Multifactor Index ETF 1.9 35 42 6.0 +3.4
IWN iShares Russell 2000 Value ETF 1.9 24 53 5.0 +2.4
VTWV Vanguard Russell 2000 Value ETF 1.9 10 67 5.2 +2.6
IBBQ Invesco Nasdaq Biotechnology ETF 1.9 19 58 0.3 -2.3
PSC Principal U.S. Small-Cap ETF 1.9 38 39 3.8 +1.2
SIMS State Street SPDR S&P Kensho Intelligent Structures ETF 1.8 45 32 4.2 +1.6
WTV WisdomTree US Value Fund of Benef Interest 1.8 12 65 7.7 +5.1
GRPZ Invesco S&P SmallCap 600 GARP ETF 1.8 35 42 6.3 +3.7
RUNN Running Oak Efficient Growth ETF 1.8 58 19 4.4 +1.8
EQAL Invesco Russell 1000 Equal Weight ETF 1.8 20 57 6.0 +3.4
VAMO Cambria Value & Momentum ETF 1.8 61 16 5.1 +2.5
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 1.7 30 47 8.3 +5.7
AUSF Global X Adaptive U.S. Factor ETF 1.7 27 50 7.8 +5.2
KBE State Street SPDR S&P Bank ETF 1.7 35 42 8.9 +6.3
FVD First Trust Value Line Dividend Index Fund 1.7 65 12 5.3 +2.7
IJS iShares S&P Small-Cap 600 Value ETF 1.7 18 59 9.3 +6.6
HOMZ Hoya Capital Housing ETF 1.7 30 47 9.4 +6.8
ECML Euclidean Fundamental Value ETF 1.7 95 -18 8.9 +6.3
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 1.7 39 38 3.7 +1.0
PSCI Invesco S&P SmallCap Industrials ETF 1.7 29 48 4.5 +1.9
FPAG FPA Global Equity ETF 1.6 49 28 5.7 +3.0
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 1.6 29 48 6.6 +4.0
SPHB Invesco S&P 500 High Beta ETF 1.6 25 52 4.1 +1.5
VIOV Vanguard S&P Small-Cap 600 Value ETF 1.6 10 67 9.3 +6.7
PSCC Invesco S&P SmallCap Consumer Staples ETF 1.6 29 48 7.6 +5.0
SLYV State Street SPDR S&P 600 Small Cap Value ETF 1.6 15 62 9.3 +6.7
KRE State Street SPDR S&P Regional Banking ETF 1.5 35 42 8.8 +6.2
BSVO EA Bridgeway Omni Small-Cap Value ETF 1.5 47 30 8.1 +5.5
ROSC Hartford Multifactor Small Cap ETF 1.5 34 43 7.4 +4.7
DSMC Distillate Small/Mid Cash Flow ETF 1.5 55 22 11.2 +8.6
RFG Invesco S&P Midcap 400 Pure Growth ETF 1.4 35 42 4.5 +1.9
FIDU Fidelity MSCI Industrial Index ETF 1.4 8 69 3.4 +0.8
WLDR Affinity World Leaders Equity ETF 1.4 67 10 6.3 +3.7
VIS Vanguard Industrials ETF 1.3 9 68 3.5 +0.8
PSCF Invesco S&P SmallCap Financials ETF 1.3 29 48 8.7 +6.1
DES WisdomTree U.S. SmallCap Dividend Fund 1.3 38 39 8.3 +5.7
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 1.3 20 57 4.2 +1.6
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.3 39 38 2.4 -0.2
IQRA IQ CBRE Real Assets ETF 1.3 65 12 5.5 +2.9
XLI The Industrial Select Sector SPDR Fund 1.3 8 69 3.4 +0.8
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF 1.3 55 22 9.0 +6.3
FTA First Trust Large Cap Value AlphaDEX Fund 1.3 59 18 7.5 +4.9
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 1.3 47 30 4.7 +2.1
USMF WisdomTree U.S. Multifactor Fund 1.3 28 49 6.4 +3.7
IWM iShares Russell 2000 ETF 1.3 19 58 2.8 +0.2
RSSL Global X Russell 2000 ETF 1.3 8 69 2.9 +0.2
RFV Invesco S&P Midcap 400 Pure Value ETF 1.3 35 42 11.5 +8.9
TAX Cambria Tax Aware ETF 1.3 49 28 4.2 +1.6
FNDA Schwab Fundamental US Small Co. Index ETF 1.3 25 52 6.2 +3.6
CSD Invesco S&P Spin-Off ETF 1.3 65 12 3.8 +1.2
MVPA Miller Value Partners Appreciation ETF 1.3 60 17 10.3 +7.7
XHE State Street SPDR S&P Health Care Equipment ETF 1.2 35 42 3.4 +0.8
IMCV iShares Morningstar Mid-Cap Value ETF 1.2 6 71 6.9 +4.3
RFDA RiverFront Dynamic US Dividend Advantage ETF 1.2 52 25 5.4 +2.8
IQSM IQ Candriam U.S. Mid Cap Equity ETF 1.2 15 62 5.1 +2.5
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 1.2 24 53 7.1 +4.5
DFLV Dimensional US Large Cap Value ETF 1.2 22 55 6.2 +3.6
SPVM Invesco S&P 500 Value with Momentum ETF 1.2 39 38 6.3 +3.7
BBP Virtus LifeSci Biotech Products ETF 1.2 79 -2 -4.3 -6.9
HELX Franklin Genomic Advancements ETF 1.2 50 27 -1.4 -4.0
WDNA WisdomTree BioRevolution Fund 1.2 45 32 -2.3 -4.9
FBT First Trust NYSE Arca Biotechnology Index Fund 1.2 56 21 2.6 -0.0
BBH VanEck Biotech ETF 1.2 35 42 4.9 +2.3
GNOM Global X Genomics & Biotechnology ETF 1.2 50 27 -2.8 -5.4
IDNA iShares Genomics Immunology and Healthcare ETF 1.2 47 30 -0.3 -2.9
DFAS Dimensional U.S. Small Cap ETF 1.2 26 51 5.6 +3.0
OUSM ALPS O'Shares US Small-Cap Quality Dividend ETF 1.2 48 29 7.7 +5.1
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 1.2 15 62 6.1 +3.5
EES WisdomTree U.S. SmallCap Fund 1.2 38 39 8.2 +5.6
FAB First Trust Multi Cap Value AlphaDEX Fund 1.2 67 10 8.6 +6.0
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 1.2 30 47 13.6 +11.0
ZAP Global X U.S. Electrification ETF 1.2 50 27 3.3 +0.7
JSML Janus Henderson Small Cap Growth Alpha ETF 1.1 30 47 2.8 +0.2
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 1.1 20 57 5.4 +2.8
VTWO Vanguard Russell 2000 ETF 1.1 7 70 2.9 +0.3
ESIX State Street SPDR S&P SmallCap 600 ESG ETF 1.1 12 65 6.9 +4.3
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 1.1 35 42 8.8 +6.2
TMDV ProShares Russell US Dividend Growers ETF 1.1 35 42 5.9 +3.3
BESF Bastion Energy ETF 1.1 80 -3 9.3 +6.7
DFSV Dimensional US Small Cap Value ETF 1.1 31 46 9.0 +6.4
ROE Astoria US Quality Kings ETF 1.1 49 28 5.5 +2.8
FEGE First Eagle Global Equity ETF 1.1 79 -2 5.6 +3.0
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 1.1 38 39 9.0 +6.4
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 1.1 80 -3 6.5 +3.9
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 1.1 75 2 6.0 +3.3
DIV Global X SuperDividend US ETF 1.1 45 32 9.4 +6.7
DVY iShares Select Dividend ETF 1.0 38 39 7.9 +5.2
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.0 7 70 5.4 +2.8
TPHE Timothy Plan High Dividend Stock Enhanced ETF 1.0 54 23 5.7 +3.1
FNK First Trust Mid Cap Value AlphaDEX Fund 1.0 70 7 9.5 +6.8
ISMD Inspire Small/Mid Cap ETF 1.0 54 23 5.5 +2.9
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.0 35 42 3.7 +1.1
RSP Invesco S&P 500 Equal Weight ETF 1.0 20 57 5.8 +3.2
AVSC Avantis U.S Small Cap Equity ETF 1.0 25 52 4.9 +2.3
STXK Strive Small-Cap ETF 1.0 18 59 5.2 +2.6
QQQJ Invesco NASDAQ Next Gen 100 ETF 1.0 15 62 4.3 +1.7
FUTY Fidelity MSCI Utilities Index ETF 1.0 8 69 4.5 +1.9
ISCV iShares Morningstar Small Cap Value ETF 1.0 6 71 7.8 +5.2
BKSE BNY Mellon US Small Cap Core Equity ETF 1.0 4 73 5.4 +2.8
VPU Vanguard Utilities ETF 1.0 9 68 4.5 +1.9
RBLD First Trust Alerian US NextGen Infrastructure ETF 1.0 65 12 3.8 +1.2
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 1.0 15 62 6.5 +3.8
SCHA Schwab U.S. Small-Cap ETF 0.9 4 73 4.6 +2.0
AFSM First Trust Active Factor Small Cap ETF 0.9 75 2 6.1 +3.5
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.9 25 52 8.0 +5.4
KNGZ First Trust S&P 500 Diversified Dividend Aristocrats ETF 0.9 50 27 8.3 +5.7
IYJ iShares U.S. Industrials ETF 0.9 40 37 3.8 +1.2
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.9 4 73 5.5 +2.9
IMCB iShares Morningstar Mid-Cap ETF 0.9 4 73 5.3 +2.7
VOE Vanguard Mid-Cap Value ETF 0.9 7 70 6.7 +4.0
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.9 39 38 7.8 +5.2
JHSC John Hancock Multifactor Small Cap ETF 0.9 42 35 6.0 +3.4
AVLV Avantis U.S. Large Cap Value ETF 0.9 15 62 5.9 +3.3
IJR iShares Core S&P Small Cap ETF 0.9 6 71 6.6 +4.0
HDUS Hartford Disciplined US Equity ETF 0.9 19 58 4.9 +2.2
SCOW Pacer S&P SmallCap 600 Quality FCF Aristocrats ETF 0.9 59 18 8.5 +5.8
NUSC Nuveen ESG Small-Cap ETF 0.9 31 46 5.0 +2.4
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.9 18 59 6.7 +4.1
SPVU Invesco S&P 500 Enhanced Value ETF 0.9 13 64 8.6 +6.0
URAN Themes Uranium & Nuclear ETF 0.9 35 42 0.7 -1.9
IJJ iShares S&P Mid-Cap 400 Value ETF 0.9 18 59 7.8 +5.2
RWK Invesco S&P MidCap 400 Revenue ETF 0.9 39 38 8.0 +5.3
MDY SPDR S&P Midcap 400 ETF Trust 0.9 23 54 5.9 +3.3
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 0.9 61 16 5.5 +2.9
IJH iShares Core S&P Mid-Cap ETF 0.9 5 72 6.1 +3.5
FSMD Fidelity Small-Mid Multifactor ETF 0.9 15 62 6.6 +4.0
VIOO Vanguard S&P Small-Cap 600 ETF 0.8 7 70 6.5 +3.9
IJK iShares S&P Mid-Cap 400 Growth ETF 0.8 17 60 4.1 +1.5
SIXS ETC 6 Meridian Small Cap Equity ETF 0.8 89 -12 7.9 +5.2
ABLS Abacus FCF Small Cap Leaders ETF 0.8 59 18 4.7 +2.1
RNIN Bushido Capital US SMID Cap Equity ETF 0.8 70 7 11.4 +8.7
GPT Intelligent Alpha Atlas ETF 0.8 69 8 6.1 +3.4
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 0.8 3 74 6.6 +4.0
PSCH Invesco S&P SmallCap Health Care ETF 0.8 29 48 2.5 -0.1
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 0.8 60 17 3.2 +0.6
XMMO Invesco S&P MidCap Momentum ETF 0.8 34 43 3.5 +0.9
MDYV State Street SPDR S&P 400 Mid Cap Value ETF 0.8 15 62 7.8 +5.2
SSPY Syntax Stratified LargeCap ETF 0.8 30 47 6.0 +3.3
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.8 10 67 8.0 +5.3
INCE Franklin Income Equity Focus ETF 0.8 29 48 5.1 +2.5
XJR iShares ESG Screened S&P Small-Cap ETF 0.8 12 65 6.5 +3.8
DFUV Dimensional US Marketwide Value ETF 0.8 22 55 6.3 +3.7
FEX First Trust Large Cap Core AlphaDEX Fund 0.8 59 18 5.1 +2.4
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 0.8 3 74 6.1 +3.5
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 0.8 35 42 6.4 +3.8
IVOO Vanguard S&P Mid-Cap 400 ETF 0.8 7 70 6.1 +3.4
JHMM John Hancock Multifactor Mid Cap ETF 0.8 42 35 5.4 +2.8
VBR Vanguard Small Cap Value ETF 0.8 7 70 7.8 +5.2
AVMC Avantis U.S. Mid Cap Equity ETF 0.8 18 59 5.9 +3.3
ISCB iShares Morningstar Small-Cap ETF 0.8 4 73 5.5 +2.8
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 0.8 15 62 4.1 +1.5
FDL First Trust Morningstar Dividend Leaders Index Fund 0.8 45 32 8.7 +6.0
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.8 10 67 4.2 +1.5
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.8 9 68 4.0 +1.3
VB Vanguard Small-Cap ETF 0.7 5 72 5.3 +2.7
FYT First Trust Small Cap Value AlphaDEX Fund 0.7 73 4 10.2 +7.6
XOEF iShares S&P 500 ex S&P 100 ETF 0.7 20 57 4.7 +2.0
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 0.7 20 57 4.4 +1.7
EXI iShares Global Industrials ETF 0.7 42 35 3.4 +0.7
DXUV Dimensional US Vector Equity ETF 0.7 28 49 5.3 +2.7
DFAT Dimensional U.S. Targeted Value ETF 0.7 28 49 8.7 +6.1
XSLV Invesco S&P SmallCap Low Volatility ETF 0.7 25 52 7.4 +4.8
SPDG State Street SPDR Portfolio S&P Sector Neutral Dividend ETF 0.7 5 72 7.4 +4.8
QNXT iShares Nasdaq-100 ex Top 30 ETF 0.7 20 57 4.2 +1.6
BFOR ALPS Barron's 400 ETF 0.7 65 12 4.9 +2.3
AIRR First Trust RBA American Industrial Renaissance ETF 0.7 70 7 3.6 +1.0
IWO iShares Russell 2000 Growth ETF 0.7 24 53 0.5 -2.1
VBK Vanguard Small-Cap Growth ETF 0.7 7 70 1.3 -1.3
SFLO VictoryShares Small Cap Free Cash Flow ETF 0.7 49 28 8.5 +5.9
AVMV Avantis U.S. Mid Cap Value ETF 0.7 20 57 7.2 +4.6
SMOT VanEck Morningstar SMID Moat ETF 0.7 49 28 6.3 +3.7
DURA VanEck Durable High Dividend ETF 0.7 29 48 6.1 +3.5
CALF Pacer US Small Cap Cash Cows 100 ETF 0.7 59 18 9.4 +6.8
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.7 17 60 5.1 +2.5
ITAN Sparkline Intangible Value ETF 0.7 50 27 6.3 +3.6
TPSC Timothy Plan US Small Cap Core ETF 0.7 52 25 6.6 +3.9
SFYX SoFi Next 500 ETF 0.6 0 77 5.0 +2.4
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.6 24 53 6.1 +3.5
PRF Invesco FTSE RAFI US 1000 ETF 0.6 34 43 5.8 +3.2
CGDG Capital Group Dividend Growers ETF 0.6 47 30 5.0 +2.3
IBB iShares Biotechnology ETF 0.6 45 32 -0.5 -3.1
VXF Vanguard Extended Market ETF 0.6 5 72 3.9 +1.3
STXV Strive 1000 Value ETF 0.6 18 59 6.8 +4.2
TRFM AAM Transformers ETF 0.6 49 28 1.1 -1.5
IWS iShares Russell Mid-Cap Value ETF 0.6 23 54 6.1 +3.5
ETHO Etho Climate Leadership U.S. ETF 0.6 47 30 4.5 +1.9
SIZE iShares MSCI USA Size Factor ETF 0.6 15 62 5.4 +2.8
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.6 9 68 5.2 +2.6
EUSA iShares MSCI USA Equal Weighted ETF 0.6 9 68 5.5 +2.9
VO Vanguard Mid-Cap ETF 0.6 4 73 5.2 +2.6
FNDB Schwab Fundamental US Broad Market Index ETF 0.6 25 52 6.3 +3.7
EWUS iShares MSCI United Kingdom Small Cap ETF 0.6 59 18 6.8 +4.2
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.6 29 48 5.7 +3.1
KNCT Invesco Next Gen Connectivity ETF 0.6 40 37 3.8 +1.2
DEEP Roundhill Acquirers Deep Value ETF 0.6 80 -3 16.2 +13.6
CSTK Invesco Comstock Contrarian Equity ETF 0.6 35 42 5.9 +3.3
KBWB Invesco KBW Bank ETF 0.6 35 42 7.2 +4.5
RSPF Invesco S&P 500 Equal Weight Financials ETF 0.6 40 37 6.4 +3.8
CDC VictoryShares US EQ Income Enhanced Volatility Wtd ETF 0.6 38 39 6.7 +4.1
CDL VictoryShares US Large Cap High Dividend Volatility Wtd ETF 0.6 35 42 6.7 +4.1
FDWM Fidelity Women's Leadership ETF 0.6 59 18 3.7 +1.0
JOET Virtus Terranova US Quality Momentum ETF 0.6 29 48 3.8 +1.2
FCFY First Trust S&P 500 Diversified Free Cash Flow ETF 0.6 60 17 9.5 +6.9
FTXO First Trust Nasdaq Bank ETF 0.6 60 17 7.9 +5.3
FXO First Trust Financials AlphaDEX Fund 0.6 62 15 8.2 +5.6
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 0.6 60 17 5.6 +3.0
IAT iShares U.S. Regional Banks ETF 0.6 40 37 8.4 +5.8
SPYD State Street SPDR Portfolio S&P 500 High Dividend ETF 0.6 7 70 9.8 +7.2
MAGA Point Bridge America First ETF 0.6 72 5 5.0 +2.3
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 0.6 49 28 7.8 +5.1
DBSC Deepwater Beachfront Small Cap ETF 0.6 85 -8 1.2 -1.5
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.6 12 65 6.3 +3.7
IMCG iShares Morningstar Mid-Cap Growth ETF 0.6 6 71 3.5 +0.9
DHS WisdomTree U.S. High Dividend Fund 0.6 38 39 7.9 +5.3
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.6 15 62 6.8 +4.2
VTWG Vanguard Russell 2000 Growth ETF 0.6 10 67 0.7 -1.9
IYF iShares U.S. Financials ETF 0.6 40 37 5.7 +3.1
SMCF Themes US Small Cap Cash Flow Champions ETF 0.6 29 48 10.3 +7.7
HUSV First Trust Horizon Managed Volatility Domestic ETF 0.5 70 7 4.4 +1.8
ISCG iShares Morningstar Small-Cap Growth ETF 0.5 6 71 2.8 +0.2
PRXV Praxis Impact Large Cap Value ETF 0.5 36 41 5.6 +3.0
USCF Themes US Cash Flow Champions ETF 0.5 29 48 7.6 +5.0
FNX First Trust Mid Cap Core AlphaDEX Fund 0.5 60 17 6.2 +3.6
VYM Vanguard High Dividend Yield Index ETF 0.5 6 71 6.0 +3.4
XHS State Street SPDR S&P Health Care Services ETF 0.5 35 42 3.9 +1.3
DFAC Dimensional U.S. Core Equity 2 ETF 0.5 17 60 4.8 +2.2
IYG iShares US Financial Services ETF 0.5 40 37 5.3 +2.7
RWL Invesco S&P 500 Revenue ETF 0.5 39 38 5.8 +3.2
FYX First Trust Small Cap Core AlphaDEX Fund 0.5 61 16 5.7 +3.1
GVLU Gotham 1000 Value ETF 0.5 50 27 7.9 +5.3
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.5 25 52 5.0 +2.4
FNDX Schwab Fundamental US Large Co. Index ETF 0.5 25 52 6.4 +3.7
FESM Fidelity Enhanced Small Cap ETF 0.5 28 49 2.5 -0.2
VTV Vanguard Value ETF 0.5 4 73 5.8 +3.2
CZAR Themes Natural Monopoly ETF 0.5 35 42 5.2 +2.5
WSML iShares MSCI World Small-Cap ETF 0.5 15 62 5.3 +2.7
IWR iShares Russell Midcap ETF 0.5 19 58 5.4 +2.8
SIXL ETC 6 Meridian Low Beta Equity ETF 0.5 80 -3 5.6 +3.0
AVSU Avantis Responsible U.S. Equity ETF 0.5 15 62 5.2 +2.5
VOOV Vanguard S&P 500 Value ETF 0.5 7 70 5.6 +3.0
XLF The Financial Select Sector SPDR Fund 0.5 8 69 5.7 +3.1
DCOR Dimensional US Core Equity 1 ETF 0.5 14 63 4.7 +2.1
IUSV iShares Core S&P US Value ETF 0.5 4 73 5.7 +3.1
IXP iShares Global Comm Services ETF 0.5 42 35 5.4 +2.7
PTL Inspire 500 ETF 0.5 9 68 4.5 +1.9
VONV Vanguard Russell 1000 Value ETF 0.5 7 70 5.6 +2.9
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 0.5 60 17 6.9 +4.2
IVE iShares S&P 500 Value ETF 0.5 18 59 5.5 +2.9
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 0.5 27 50 6.2 +3.5
SPYV State Street SPDR Portfolio S&P 500 Value ETF 0.4 4 73 5.6 +3.0
SCHM Schwab U.S. Mid-Cap ETF 0.4 4 73 5.9 +3.3
VLUE iShares MSCI USA Value Factor ETF 0.4 15 62 7.7 +5.0
GVUS Marketbeta Russell 1000 Value Equity ETF 0.4 12 65 5.5 +2.9
DFVX Dimensional US Large Cap Vector ETF 0.4 22 55 5.3 +2.6
RPV Invesco S&P 500 Pure Value ETF 0.4 35 42 8.7 +6.1
LSAF LeaderShares AlphaFactor US Core Equity ETF 0.4 75 2 6.3 +3.6
SRHQ SRH U.S. Quality ETF 0.4 35 42 6.4 +3.8
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 0.4 75 2 6.0 +3.3
AZTD Aztlan Global Stock Selection DM SMID ETF 0.4 75 2 4.1 +1.5
AVUS Avantis U.S. Equity ETF 0.4 15 62 4.9 +2.3
SCHV Schwab U.S. Large-Cap Value ETF 0.4 4 73 5.6 +3.0
LGCF Themes US Cash Flow Champions ETF 0.4 30 47 7.3 +4.7
ITB iShares U.S. Home Construction ETF 0.4 40 37 10.2 +7.6
IWD iShares Russell 1000 Value ETF 0.4 19 58 5.5 +2.9
GINN Goldman Sachs Innovate Equity ETF 0.4 52 25 3.8 +1.2
ACVF American Conservative Values ETF 0.4 75 2 3.8 +1.2
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.4 20 57 0.9 -1.8
VFH Vanguard Financials ETF 0.4 9 68 6.2 +3.6
XJH iShares ESG Screened S&P Mid-Cap ETF 0.4 12 65 5.9 +3.3
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.4 58 19 4.8 +2.2
FSST Fidelity Sustainable U.S. Equity ETF 0.4 59 18 3.2 +0.6
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.4 30 47 3.8 +1.2
JAVA JPMorgan Active Value ETF 0.4 44 33 5.4 +2.8
EGLE Global X S&P 500 U.S. Revenue Leaders ETF 0.4 19 58 4.9 +2.3
IUS Invesco RAFI Strategic US ETF 0.4 19 58 5.8 +3.2
JHML John Hancock Multifactor Large Cap ETF 0.4 29 48 4.6 +2.0
FNCL Fidelity MSCI Financials Index ETF 0.4 8 69 6.1 +3.5
DEW WisdomTree Global High Dividend Fund 0.4 58 19 7.1 +4.5
AVUV Avantis U.S. Small Cap Value ETF 0.4 25 52 8.3 +5.7
STXM Strive Mid-Cap ETF 0.4 18 59 5.3 +2.7
SMOX Horizon Small/Mid Cap Core Equity ETF 0.4 75 2 5.4 +2.8
DFAU Dimensional US Core Equity Market ETF 0.4 12 65 4.4 +1.8
POWR iShares U.S. Power Infrastructure ETF 0.4 40 37 3.9 +1.3
RPG Invesco S&P 500 Pure Growth ETF 0.4 35 42 2.8 +0.2
REVS Columbia Research Enhanced Value ETF 0.4 19 58 6.8 +4.2
GSPY Gotham Enhanced 500 ETF 0.4 50 27 4.6 +1.9
PKW Invesco Buyback Achievers ETF 0.4 62 15 7.1 +4.5
MGV Vanguard Mega Cap Value ETF 0.4 7 70 5.4 +2.8
FMED Fidelity Disruptive Medicine ETF 0.4 50 27 -1.2 -3.8
DON WisdomTree U.S. MidCap Dividend Fund 0.4 38 39 7.9 +5.3
DSI iShares MSCI KLD 400 Social ETF 0.3 25 52 4.3 +1.7
IWX iShares Russell Top 200 Value ETF 0.3 20 57 5.1 +2.5
NIXT Research Affiliates Deletions ETF 0.3 9 68 7.1 +4.4
SPXT ProShares S&P 500 Ex-Technology ETF 0.3 9 68 4.7 +2.1
JHDV John Hancock U.S. High Dividend ETF 0.3 34 43 6.2 +3.6
CFA VictoryShares US 500 Volatility Wtd ETF 0.3 35 42 5.1 +2.5
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.3 40 37 5.1 +2.5
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 0.3 60 17 4.7 +2.1
CCNR ALPS CoreCommodity Natural Resources ETF 0.3 39 38 7.9 +5.2
XMAG Defiance Large Cap ex-Mag 7 ETF 0.3 35 42 4.4 +1.8
ENHU iShares Enhanced Large Cap Core Actv ETF 0.3 22 55 4.3 +1.6
EBI Longview Advantage ETF 0.3 35 42 6.1 +3.4
DEUS Xtrackers Russell US Multifactor ETF 0.3 17 60 6.3 +3.7
MCOW Pacer S&P MidCap 400 Quality FCF Aristocrats ETF 0.3 49 28 6.5 +3.9
OALC OneAscent Large Cap Core ETF 0.3 86 -9 3.6 +1.0
ILCV iShares Morningstar Value ETF 0.3 4 73 5.3 +2.7
NACP Impact Shares NAACP Minority Empowerment ETF 0.3 49 28 4.0 +1.4
DUHP Dimensional US High Profitability ETF 0.3 21 56 5.0 +2.4
INRO iShares U.S. Industry Rotation Active ETF 0.3 42 35 3.7 +1.1
QVML Invesco S&P 500 QVM Multi-factor ETF 0.3 11 66 4.5 +1.9
USEW Cambria US EW ETF 0.3 30 47 4.2 +1.5
MNZL Manzil Russell Halal USA Broad MarketETF 0.3 40 37 4.0 +1.3
VTI Vanguard Total Stock Market ETF 0.3 3 74 4.3 +1.6
VTHR Vanguard Russell 3000 ETF 0.3 7 70 4.3 +1.6
DFUS Dimensional U.S. Equity ETF 0.3 9 68 4.2 +1.6
SCHB Schwab U.S. Broad Market ETF 0.3 3 74 4.3 +1.7
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.3 3 74 4.3 +1.6
TOPC iShares S&P 500 3% Capped ETF 0.3 15 62 4.5 +1.8
OUSA ALPS O'Shares U.S. Quality Dividend ETF 0.3 48 29 5.2 +2.6
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.3 3 74 4.5 +1.9
FBCV Fidelity Blue Chip Value ETF 0.3 59 18 5.8 +3.2
IWV iShares Russell 3000 ETF 0.3 20 57 4.1 +1.5
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.3 75 2 3.3 +0.7
SNPE Xtrackers S&P 500 ESG ETF 0.3 10 67 4.4 +1.8
SFGV Sequoia Global Value ETF 0.3 23 54 6.9 +4.3
IWC iShares Micro-Cap ETF 0.3 60 17 -1.4 -4.1
VSLU Applied Finance Valuation Large Cap ETF 0.3 49 28 4.8 +2.2
LQPE PEO AlphaQuest Thematic PE ETF 0.3 125 -48 5.1 +2.5
CATH Global X S&P 500 Catholic Values Custom ETF 0.3 29 48 4.1 +1.5
BLES Inspire Global Hope ETF 0.3 61 16 5.7 +3.0
GXPC Global X PureCap MSCI Communication Services ETF 0.3 25 52 3.8 +1.2
EZM WisdomTree U.S. MidCap Fund 0.3 38 39 8.0 +5.4
JVAL JPMorgan U.S. Value Factor ETF 0.3 12 65 7.2 +4.6
AIPO Defiance AI & Power Infrastructure ETF 0.2 69 8 0.9 -1.7
IYY iShares Dow Jones U.S. ETF 0.2 20 57 4.2 +1.6
IXG iShares Global Financials ETF 0.2 42 35 6.3 +3.6
DSPY Tema S&P 500 Historical Weight ETF 0.2 18 59 4.5 +1.9
TEXN iShares Texas Equity ETF 0.2 20 57 5.3 +2.6
XVV iShares ESG Screened S&P 500 ETF 0.2 8 69 4.3 +1.6
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.2 60 17 5.9 +3.2
SDY State Street SPDR S&P Dividend ETF 0.2 35 42 5.7 +3.1
VOO Vanguard S&P 500 ETF 0.2 3 74 4.3 +1.7
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.2 20 57 6.1 +3.5
DIVB iShares Core Dividend ETF 0.2 5 72 7.3 +4.7
VONE Vanguard Russell 1000 ETF 0.2 7 70 4.3 +1.7
SCHK Schwab 1000 Index ETF 0.2 5 72 4.4 +1.8
JMOM JPMorgan U.S. Momentum Factor ETF 0.2 12 65 3.6 +1.0
VFMF Vanguard U.S. Multifactor ETF 0.2 18 59 6.7 +4.1
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.2 11 66 4.3 +1.6
CHRI Global X S&P 500 Christian Values ETF 0.2 29 48 4.1 +1.5
ONEQ Fidelity Nasdaq Composite Index ETF 0.2 21 56 3.1 +0.5
SMLF iShares U.S. SmallCap Equity Factor ETF 0.2 15 62 5.1 +2.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 68 4.9 +2.3
SPYX State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.2 20 57 4.1 +1.5
VV Vanguard Large-Cap ETF 0.2 4 73 4.2 +1.6
SPXV ProShares S&P 500 Ex-Health Care ETF 0.2 9 68 4.1 +1.5
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.2 9 68 4.4 +1.8
DGRW WisdomTree US Quality Dividend Growth Fund 0.2 28 49 4.9 +2.3
IVV iShares Core S&P 500 ETF 0.2 3 74 4.3 +1.7
SPY SPDR S&P 500 ETF 0.2 9 68 4.3 +1.7
SPYM State Street SPDR Portfolio S&P 500 ETF 0.2 2 75 4.3 +1.7
SCHX Schwab U.S. Large-Cap ETF 0.2 3 74 4.4 +1.8
IWB iShares Russell 1000 ETF 0.2 15 62 4.3 +1.7
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.2 45 32 3.7 +1.1
ILCB iShares Morningstar U.S. Equity ETF 0.2 3 74 4.2 +1.6
GOP Unusual Whales Subversive Republican Trading ETF 0.2 50 27 4.6 +1.9
SPXE ProShares S&P 500 Ex-Energy ETF 0.2 9 68 4.2 +1.6
FINX Global X FinTech ETF 0.2 68 9 3.0 +0.4
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.2 46 31 4.8 +2.2
STRV Strive 500 ETF 0.2 5 72 4.2 +1.6
RAUS RACWI US ETF 0.2 15 62 4.3 +1.7
QQQ Invesco QQQ Trust Series I 0.2 20 57 3.5 +0.9
QQQM Invesco NASDAQ 100 ETF 0.2 15 62 3.5 +0.9
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.2 12 65 3.7 +1.1
DFSU Dimensional US Sustainability Core 1 ETF 0.2 18 59 4.7 +2.1
PBUS Invesco MSCI USA ETF 0.2 4 73 4.3 +1.7
TTAC FCF US Quality ETF 0.2 59 18 5.2 +2.6
FVAL Fidelity Value Factor ETF 0.2 15 62 6.1 +3.5
VALQ American Century U.S. Quality Value ETF 0.2 29 48 6.7 +4.1
DTD WisdomTree U.S. Total Dividend Fund 0.2 28 49 5.7 +3.0
GXLC Global X U.S. 500 ETF 0.2 2 75 4.2 +1.6
RECS Columbia Research Enhanced Core ETF 0.2 15 62 5.4 +2.8
VFVA Vanguard U.S. Value Factor ETF 0.2 13 64 9.5 +6.8
APUE ActivePassive U.S. Equity ETF 0.2 45 32 4.1 +1.4
MFVL Motley Fool Value Factor ETF 0.2 50 27 5.4 +2.8
VEGN US Vegan Climate ETF 0.2 60 17 4.1 +1.5
RVRB Reverb ETF 0.2 30 47 4.0 +1.4
BKLC BNY Mellon US Large Cap Core Equity ETF 0.2 0 77 4.3 +1.7
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.2 7 70 4.2 +1.6
TXS Texas Capital Texas Equity Index ETF 0.2 49 28 4.9 +2.3
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.2 2 75 4.3 +1.7
GLOF iShares Global Equity Factor ETF 0.2 20 57 5.7 +3.1
SPXN ProShares S&P 500 Ex-Financials ETF 0.2 9 68 4.1 +1.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.2 39 38 6.6 +4.0
QUS State Street SPDR MSCI USA StrategicFactors ETF 0.2 15 62 5.0 +2.3
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.2 8 69 4.5 +1.9
TOV JLens 500 Jewish Advocacy U.S. ETF 0.2 18 59 4.0 +1.4
SUSL iShares ESG MSCI USA Leaders ETF 0.2 10 67 4.3 +1.7
VOTE TCW Transform 500 ETF 0.2 5 72 4.2 +1.6
QQMG Invesco ESG NASDAQ 100 ETF 0.2 20 57 3.5 +0.9
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.2 14 63 4.3 +1.7
FELV Fidelity Enhanced Large Cap Value ETF 0.2 18 59 5.7 +3.1
FMDE Fidelity Enhanced Mid Cap ETF 0.2 23 54 5.4 +2.8
KLMN Invesco MSCI North America Climate ETF 0.2 9 68 4.4 +1.8
IEUS iShares MSCI Europe Small-Cap ETF 0.2 42 35 6.4 +3.8
VT Vanguard Total World Stock ETF 0.2 6 71 5.1 +2.5
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.2 45 32 6.6 +3.9
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.2 15 62 4.4 +1.8
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.2 7 70 4.5 +1.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.2 20 57 4.8 +2.2
TOK iShares MSCI Kokusai ETF 0.2 26 51 4.4 +1.8
URTH iShares MSCI World ETF 0.2 24 53 4.4 +1.8
USXF iShares ESG Advanced MSCI USA ETF 0.2 10 67 4.1 +1.5
AIVL WisdomTree U.S. AI Enhanced Value Fund 0.2 38 39 5.1 +2.5
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.2 9 68 4.4 +1.8
EVUS iShares ESG Aware MSCI USA Value ETF 0.2 18 59 5.6 +2.9
MGC Vanguard Mega Cap ETF 0.1 7 70 4.0 +1.4
IWL iShares Russell Top 200 ETF 0.1 15 62 4.0 +1.4
IAK iShares U.S. Insurance ETF 0.1 40 37 6.6 +4.0
THRO iShares U.S. Thematic Rotation Active ETF 0.1 90 -13 3.3 +0.7
IJT iShares S&P Small-Cap 600 Growth ETF 0.1 18 59 3.8 +1.2
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.1 10 67 4.3 +1.7
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 68 4.5 +1.9
DLN WisdomTree U.S. LargeCap Dividend Fund 0.1 28 49 5.4 +2.8
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.1 10 67 3.8 +1.2
LRGF iShares U.S. Equity Factor ETF 0.1 8 69 4.8 +2.2
TMFX Motley Fool Next Index ETF 0.1 50 27 3.0 +0.3
ACWI iShares MSCI ACWI ETF 0.1 32 45 4.7 +2.1
SFY SoFi Select 500 ETF 0.1 0 77 3.9 +1.3
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 0.1 15 62 3.8 +1.2
RAFE PIMCO RAFI ESG U.S. ETF 0.1 29 48 6.4 +3.8
NUDV Nuveen ESG Dividend ETF 0.1 26 51 5.9 +3.3
ILCG iShares Morningstar Growth ETF 0.1 4 73 3.2 +0.6
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 68 4.3 +1.7
DAK Dakota Active Equity ETF 0.1 43 34 3.8 +1.2
MCDS JPMorgan Fundamental Data Science Mid Core ETF 0.1 35 42 4.9 +2.3
BMED Future Health ETF 0.1 85 -8 1.1 -1.6
SCDS JPMorgan Fundamental Data Science Small Core ETF 0.1 40 37 4.1 +1.5
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.1 20 57 4.4 +1.8
MODL VictoryShares WestEnd U.S. Sector ETF 0.1 42 35 4.1 +1.5
KLMT Invesco MSCI Global Climate 500 ETF 0.1 10 67 5.0 +2.4
DGRO iShares Core Dividend Growth ETF 0.1 8 69 5.5 +2.8
SMMD iShares Russell 2500 ETF 0.1 15 62 5.7 +3.1
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 28 5.7 +3.1
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.1 29 48 4.0 +1.4
AVDS Avantis International Small Cap Equity ETF 0.1 30 47 5.7 +3.1
SCHC Schwab International Small-Cap Equity ETF 0.1 11 66 6.2 +3.6
CRTC Xtrackers US National Critical Technologies ETF 0.1 35 42 4.2 +1.6
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 67 4.4 +1.8
DFIS Dimensional International Small Cap ETF 0.1 39 38 5.8 +3.2
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 47 5.0 +2.4
HDV iShares Core High Dividend ETF 0.1 8 69 5.7 +3.1
STXG Strive 1000 Growth ETF 0.1 18 59 3.3 +0.7
SNPG Xtrackers S&P 500 Growth ESG ETF 0.1 15 62 4.0 +1.4
ROUS Hartford Multifactor US Equity ETF 0.1 19 58 5.5 +2.8
WSGE Warren Street Global Equity ETF 0.1 80 -3 2.9 +0.2
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 8 69 6.0 +3.4
FFSM Fidelity Fundamental Small-Mid Cap ETF 0.1 43 34 4.9 +2.3
LRND IQ U.S. Large Cap R&D Leaders ETF 0.1 14 63 4.0 +1.4
BBEU JPMorgan BetaBuilders Europe ETF 0.1 9 68 5.9 +3.3
GEW Cambria Global EW ETF 0.1 29 48 5.3 +2.7
SCZ iShares MSCI EAFE Small-Cap ETF 0.1 40 37 5.9 +3.2
EPS WisdomTree U.S. LargeCap Fund 0.1 8 69 4.9 +2.3
XT iShares Exponential Technologies ETF 0.1 46 31 4.1 +1.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 65 4.5 +1.9
ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF 0.1 20 57 7.0 +4.4
DISV Dimensional International Small Cap Value ETF 0.1 42 35 7.7 +5.1
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 58 5.0 +2.4
GLBL Pacer MSCI World Industry Advantage ETF 0.0 65 12 3.6 +1.0
IWP iShares Russell Mid-Cap Growth ETF 0.0 23 54 2.7 +0.1
ISCF iShares International SmallCap Equity Factor ETF 0.0 23 54 6.9 +4.2
GWX SPDR S&P International Small Cap ETF 0.0 40 37 5.5 +2.9
IHF iShares U.S. Healthcare Providers ETF 0.0 40 37 7.8 +5.2
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 73 3.3 +0.6
AFMC First Trust Active Factor Mid Cap ETF 0.0 65 12 7.2 +4.5
FNDC Schwab Fundamental International Small Co. Index ETF 0.0 39 38 6.4 +3.8
BKIE BNY Mellon International Equity ETF 0.0 4 73 5.7 +3.1
GSID Goldman Sachs MarketBeta International Equity ETF 0.0 20 57 5.6 +3.0
PFM Invesco Dividend Achievers ETF 0.0 53 24 4.6 +2.0
AVDE Avantis International Equity ETF 0.0 23 54 5.9 +3.3
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.0 18 59 6.2 +3.6
SCHG Schwab U.S. Large-Cap Growth ETF 0.0 4 73 3.4 +0.8
VIG Vanguard Dividend Appreciation ETF 0.0 5 72 4.9 +2.2
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 74 5.7 +3.1
TECB iShares U.S. Tech Breakthrough Multisector ETF 0.0 40 37 3.5 +0.9
DFIC Dimensional International Core Equity 2 ETF 0.0 23 54 5.9 +3.3
AVIE Avantis  Inflation Focused Equity ETF 0.0 25 52 5.9 +3.3
AVSD Avantis Responsible International Equity ETF 0.0 23 54 5.7 +3.1
IEUR iShares Core MSCI Europe ETF 0.0 11 66 6.1 +3.4
VFMO Vanguard U.S. Momentum Factor ETF 0.0 13 64 1.8 -0.9
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.0 30 47 3.9 +1.3
SPEU SPDR Portfolio Europe ETF 0.0 7 70 6.1 +3.5
VGK Vanguard FTSE Europe ETF 0.0 6 71 6.2 +3.6
AFLG First Trust Active Factor Large Cap ETF 0.0 55 22 5.1 +2.5
VOOG Vanguard S&P 500 Growth ETF 0.0 7 70 3.2 +0.6
VHT Vanguard Health Care ETF 0.0 9 68 4.8 +2.2
FELC Fidelity Enhanced Large Cap Core ETF 0.0 18 59 4.5 +1.9
AVUQ Avantis U.S. Quality ETF 0.0 15 62 3.7 +1.1
FHLC Fidelity MSCI Health Care Index ETF 0.0 8 69 5.0 +2.4
AVDV Avantis International Small Cap Value ETF 0.0 36 41 7.3 +4.7
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 73 5.8 +3.2
IEFA iShares Core MSCI EAFE ETF 0.0 7 70 5.8 +3.2
IXUS iShares Core MSCI Total International Stock ETF 0.0 7 70 6.4 +3.8
VEA Vanguard FTSE Developed Markets ETF 0.0 3 74 5.8 +3.2
VSGX Vanguard ESG International Stock ETF 0.0 10 67 6.4 +3.8
VONG Vanguard Russell 1000 Growth ETF 0.0 7 70 3.6 +1.0
VXUS Vanguard Total International Stock ETF 0.0 5 72 6.5 +3.8
IWF iShares Russell 1000 Growth ETF 0.0 19 58 3.5 +0.8
DFAI Dimensional International Core Equity Market ETF 0.0 18 59 5.8 +3.1
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 38 5.9 +3.3
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 53 5.3 +2.7
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 65 3.5 +0.8

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:		 AltShares Merger Arbitrage 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 7.0 %
Divided by: Fwd. P/BV 2.1 x
Less: Expense ratio 77 bp
Equals: ALTAR Score 2.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.85 CATEGORY
AVERAGE		 1.57
 
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.