AltShares Merger Arbitrage ETF
ALTAR
Score™		 7.5% info Recommen-
dation		 OVERWEIGHT
2022E    2023E
P/E
ratio		 13.6x P/Sales
ratio		 2.0x
P/BV
ratio		 1.1x Div.
yield		 3.1%


  • 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) $74
Currency USD
Expense ratio 76 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 53
Wgt avg mkt cap (mns) $229
Large cap (>$10bn) 21.8%
Mid cap ($2-10bn) 55.1%
Small cap (<$2bn) 23.1%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
HORIZON PHARMA PLC 4.0 %
MAGELLAN MIDSTREAM PARTNERS 3.7 %
ARCONIC CORP. 3.6 %
INC RESEARCH HOLDINGS INC-A 3.6 %
VMWARE, INC. CLASS A 3.1 %
SEATTLE GENETICS INC 3.0 %
XYLEM INC 2.8 %
NATIONAL INSTRUMENTS CORP 2.7 %
FRANCHISE GROUP, INC. CLASS A 2.7 %
FIRST HORIZON NATIONAL CORP 2.3 %
Total 31.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 39.7 %
IRELAND 4.0 %
DENMARK 2.0 %
BRITAIN 1.8 %
BELGIUM 1.4 %
CANADA 1.3 %
NETHERLANDS 1.1 %




HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
1.1% 1.1% -- -- 4.0%

Market Correlations
versus... Beta R-squared
S&P500 0.05 7%
MSCI EAFE 0.01 0%
MSCI Emg. Mkts. -0.07 14%

Technical Indicators
Recent close $26.14
30d moving avg. $25.93
Annualized volatility 3.9%
Short interest (ETF) 0.5%
Relative strength (RSI) 76

Liquidity measures
Avg. volume (thou.) 10
Turnover 0.4%
Bid/Ask (% of price) 0.23%
ADV underlying (mns) $1,212

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 522 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: 76 bp ALTAR Score™: 7.5%


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 10.6 45 31 4.5 -3.0
GURU Global X Guru Index ETF 6.6 75 1 5.0 -2.5
IBBQ Invesco Nasdaq Biotechnology ETF 6.0 19 57 1.2 -6.3
ENTR Entrepreneur 30 Fund 5.1 75 1 3.3 -4.2
FIXT Procure Disaster Recovery Strategy ETF 4.1 75 1 5.5 -2.0
UTRN Vesper U.S. Large Cap Short-Term Reversal Strategy ETF 4.0 75 1 6.3 -1.2
MLPA Global X MLP ETF 3.7 45 31 4.2 -3.3
MLPX Global X MLP & Energy Infrastructure ETF 3.7 45 31 5.2 -2.3
EMLP First Trust North American Energy Infrastructure Fund 3.7 95 -19 5.6 -1.9
AMLP The Alerian MLP ETF 3.7 87 -11 4.1 -3.4
EINC VanEck Energy Income ETF 3.7 48 28 4.8 -2.7
AMZA InfraCap MLP ETF 3.7 164 -88 2.9 -4.6
IBB iShares NASDAQ Biotechnology ETF 3.4 45 31 0.7 -6.8
FIVG Defiance Next Gen Connectivity ETF 3.4 30 46 8.4 +0.9
WLDR Affinity World Leaders Equity ETF 3.4 67 9 9.3 +1.8
USMV iShares Edge MSCI Min Vol USA ETF 3.2 15 61 6.4 -1.1
ESMV iShares ESG MSCI USA Min Vol Factor ETF 3.1 18 58 6.3 -1.2
QQQN VictoryShares Nasdaq Next 50 ETF 3.1 18 58 6.9 -0.6
BAD B.A.D. ETF 3.1 75 1 3.2 -4.3
TRFK Pacer Data and Digital Revolution ETF 3.1 60 16 4.9 -2.6
IHAK iShares Cybersecurity & Tech ETF 3.1 47 29 3.8 -3.7
FCLD Fidelity Cloud Computing ETF 3.1 39 37 4.1 -3.4
ENFR Alerian Energy Infrastructure ETF 3.0 35 41 4.7 -2.8
BBH VanEck Biotech ETF 3.0 35 41 5.3 -2.2
AGNG Global X Aging Population ETF 3.0 50 26 4.4 -3.1
BTEC Principal Healthcare Innovators Index ETF 3.0 42 34 -4.7 -12.2
FBT First Trust NYSE Arca Biotechnology Index Fund 3.0 56 20 2.6 -4.9
GDOC Goldman Sachs Future Health Care Equity ETF 3.0 75 1 1.8 -5.7
KOIN Innovation Shares NextGen Protocol ETF 3.0 75 1 6.6 -0.9
DIV Global X SuperDividend US ETF 2.9 45 31 8.5 +1.1
MOHR Collaborative Investment Series Trust - Mohr Growth ETF 2.8 96 -20 5.7 -1.8
MRND IQ U.S. Mid Cap R&D Leaders ETF 2.8 16 60 3.6 -3.9
AUSF Global X Adaptive U.S. Factor ETF 2.8 27 49 6.3 -1.2
IWTR iShares MSCI Water Management Multisector ETF 2.8 47 29 6.0 -1.5
AQWA Global X Clean Water ETF 2.8 50 26 5.1 -2.4
SSPX Janus Henderson U.S. Sustainable Equity ETF 2.8 55 21 4.2 -3.3
EFRA iShares Environmental Infrastructure and Industrials ETF 2.8 47 29 6.3 -1.2
ETEC iShares Breakthrough Environmental Solutions ETF 2.8 47 29 6.0 -1.5
FIW First Trust Water ETF 2.8 53 23 4.6 -2.9
CGW Invesco S&P Global Water Index ETF 2.8 57 19 4.7 -2.8
TEMP JPMorgan Climate Change Solutions ETF 2.8 49 27 4.8 -2.7
EBLU Ecofin Global Water ESG Fund 2.8 40 36 4.5 -3.0
CIRC JPMorgan Sustainable Consumption ETF 2.8 49 27 5.8 -1.7
PHO Invesco Water Resources ETF 2.8 60 16 4.8 -2.7
PIO Invesco Global Water ETF 2.8 75 1 5.7 -1.8
UMI USCF Midstream Energy Income Fund ETF 2.8 85 -9 3.0 -4.5
BECO BlackRock Future Climate and Sustainable Economy ETF 2.8 70 6 5.3 -2.2
GSFP Goldman Sachs Future Planet Equity ETF 2.7 75 1 4.3 -3.2
XBI SPDR S&P BIOTECH ETF 2.7 35 41 -1.6 -9.1
BLLD JPMorgan Sustainable Infrastructure ETF 2.7 49 27 6.8 -0.6
TDV ProShares S&P Technology Dividend Aristocrats ETF 2.7 46 30 6.8 -0.7
USMF WisdomTree U.S. Multifactor Fund 2.6 28 48 7.7 +0.2
EQUL IQ Engender Equality ETF 2.6 45 31 7.7 +0.2
TPYP Tortoise North American Pipeline Fund 2.6 40 36 5.5 -2.0
VOT Vanguard Mid-Cap Growth Index Fund 2.6 7 69 5.1 -2.4
WFH Direxion Work From Home ETF 2.6 45 31 0.0 -7.5
SDG iShares Sustainable MSCI Global Impact ETF 2.5 49 27 6.7 -0.8
SIMS SPDR S&P Kensho Intelligent Structures ETF 2.5 45 31 2.3 -5.2
OUSM ALPS O'Shares Russell Small Cap Quality Dividend ETF 2.4 48 28 7.9 +0.4
VCLN Virtus Duff & Phelps Clean Energy ETF 2.3 59 17 4.2 -3.3
DTEC ALPS Disruptive Technologies ETF 2.3 50 26 4.4 -3.1
AHOY Newday Ocean Health ETF 2.3 75 1 6.4 -1.1
FXL First Trust Technology AlphaDEX Fund 2.2 61 15 5.5 -2.0
FITE SPDR Kensho Future Security ETF 2.2 45 31 3.9 -3.6
FXH First Trust Health Care AlphaDEX Fund 2.2 61 15 8.1 +0.7
IWP iShares Russell Mid-Cap Growth ETF 2.2 23 53 4.5 -3.0
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 2.1 49 27 5.2 -2.3
KRE SPDR S&P Regional Banking ETF 2.1 35 41 11.8 +4.3
IPO Renaissance IPO ETF 2.0 60 16 -7.1 -14.6
QQQJ Invesco NASDAQ Next Gen 100 ETF 2.0 15 61 4.4 -3.1
OCEN IQ Clean Oceans ETF 2.0 45 31 7.1 -0.4
VXF Vanguard Extended Market Index Fund 2.0 6 70 4.3 -3.2
SAGP Strategas Global Policy Opportunities ETF 2.0 65 11 7.6 +0.1
POWA Invesco Bloomberg Pricing Power ETF 1.9 40 36 5.9 -1.6
XTN SPDR S&P Transportation ETF 1.8 35 41 3.0 -4.5
ACWV iShares MSCI Global Min Vol Factor ETF 1.8 20 56 9.0 +1.5
USAI Pacer American Energy Independence ETF 1.7 75 1 4.2 -3.3
IAT iShares U.S. Regional Banks ETF 1.7 40 36 12.8 +5.3
RFV Invesco S&P Midcap 400 Pure Value ETF 1.7 35 41 11.1 +3.6
ROUS Hartford Multifactor US Equity ETF 1.7 19 57 8.3 +0.8
NUMV Nuveen ESG Mid-Cap Value ETF 1.7 31 45 9.1 +1.6
IGV iShares Expanded Tech-Software ETF 1.6 41 35 4.0 -3.5
FLDZ RiverNorth Volition America Patriot ETF 1.6 75 1 6.5 -1.0
JSTC Adasina Social Justice All Cap Global ETF 1.6 89 -13 5.6 -1.9
NXTG First Trust Indxx NextG ETF 1.6 70 6 8.1 +0.6
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 1.6 60 16 5.6 -1.9
EDEN iShares MSCI Denmark Capped ETF 1.6 53 23 6.8 -0.7
HLGE Hartford Longevity Economy ETF 1.6 44 32 8.8 +1.3
BMED BlackRock Future Health ETF 1.5 85 -9 2.1 -5.4
XRT SPDR S&P Retail ETF 1.5 35 41 10.1 +2.6
IMCG iShares Morningstar Mid-Cap Growth ETF 1.5 6 70 4.8 -2.7
KBWB Invesco KBW Bank ETF 1.5 35 41 11.5 +4.0
NZUS SPDR MSCI USA Climate Paris Aligned ETF 1.5 10 66 5.4 -2.1
AIEQ AI Powered Equity ETF 1.5 75 1 5.3 -2.2
ROBO Robo Global Robotics & Automation Index ETF 1.5 95 -19 3.5 -4.0
CNCR Loncar Cancer Immunotherapy ETF 1.5 79 -3 0.0 -7.5
QTUM Defiance Quantum ETF 1.4 40 36 8.2 +0.7
DFNV TrimTabs Donoghue Forlines Risk Managed Innovation ETF 1.4 69 7 5.5 -2.0
FINX Global X FinTech Thematic ETF 1.4 68 8 5.3 -2.2
HAPY Harbor Corporate Culture Leaders ETF 1.4 50 26 4.4 -3.1
KBE SPDR S&P Bank ETF 1.4 35 41 12.9 +5.4
NULC Nuveen ESG Large-Cap ETF 1.4 21 55 6.0 -1.5
NVIR Horizon Kinetics Energy and Remediation ETF 1.4 85 -9 0.2 -7.3
VO Vanguard Mid-Cap Index Fund 1.4 4 72 6.7 -0.8
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF 1.4 69 7 7.4 -0.1
VPN Global X Data Center REITs & Digital Infrastructure ETF 1.3 50 26 5.6 -1.9
XTL SPDR S&P Telecom ETF 1.3 35 41 10.0 +2.5
XMMO Invesco S&P MidCap Momentum ETF 1.3 33 43 6.5 -1.0
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.3 65 11 9.6 +2.1
FXO First Trust Financials AlphaDEX Fund 1.3 62 14 11.8 +4.3
TECB iShares US Tech Breakthrough Multisector ETF 1.3 40 36 4.9 -2.6
ITAN Sparkline Intangible Value ETF 1.3 50 26 7.0 -0.5
KOCG FIS Knights of Columbus Global Belief ETF 1.3 75 1 7.5 -0.0
JSML Janus Henderson Small Cap Growth Alpha ETF 1.3 30 46 11.3 +3.9
MIDE Xtrackers S&P MidCap 400 ESG ETF 1.2 15 61 8.7 +1.2
LRND IQ U.S. Large Cap R&D Leaders ETF 1.2 14 62 7.1 -0.4
WDNA WisdomTree BioRevolution Fund 1.2 45 31 -4.4 -11.9
RAYD Rayliant Quantitative Developed Market Equity ETF 1.2 80 -4 8.9 +1.4
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 1.2 24 52 9.2 +1.7
IYH iShares U.S. Healthcare ETF 1.2 39 37 7.4 -0.1
SMDY Syntax Stratified MidCap ETF 1.1 35 41 8.0 +0.5
QUS SPDR MSCI USA StrategicFactors ETF 1.1 15 61 6.7 -0.8
HKND Humankind US Stock ETF 1.1 11 65 7.3 -0.2
RSPN Invesco S&P 500 Equal Weight Industrials ETF 1.1 40 36 4.9 -2.6
IWR iShares Russell Midcap ETF 1.1 18 58 6.6 -0.9
IMCB iShares Morningstar Mid-Cap ETF 1.1 4 72 6.9 -0.5
HAIL SPDR S&P Kensho Smart Mobility ETF 1.1 45 31 -3.8 -11.3
RFDA RiverFront Dynamic US Dividend Advantage ETF 1.1 52 24 8.7 +1.3
DSTL Distillate US Fundamental Stability & Value ETF 1.1 39 37 8.2 +0.7
BKMC BNY Mellon US Mid Cap Core Equity ETF 1.1 4 72 6.9 -0.6
BTHM BlackRock Future U.S. Themes ETF 1.0 60 16 6.0 -1.5
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.0 35 41 5.6 -1.9
SIZE iShares MSCI USA Size Factor ETF 1.0 15 61 6.8 -0.6
VHT Vanguard Health Care Index Fund 1.0 10 66 6.7 -0.8
FHLC Fidelity MSCI Health Care Index ETF 1.0 8 68 6.7 -0.8
FDWM Fidelity Women's Leadership ETF 1.0 59 17 5.9 -1.6
JVAL JPMorgan U.S. Value Factor ETF 1.0 12 64 9.5 +2.0
FSST Fidelity Sustainability U.S. Equity ETF 1.0 59 17 5.7 -1.8
FUNL CornerCap Fundametrics Large-Cap ETF 1.0 50 26 8.3 +0.8
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.0 58 18 5.3 -2.2
USVT US Value ETF 1.0 49 27 11.7 +4.2
JHMM John Hancock Multifactor Mid Cap ETF 1.0 41 35 7.7 +0.2
KNCT Invesco Next Gen Connectivity ETF 1.0 40 36 7.0 -0.5
MVPS Amplify Thematic All-Stars ETF 1.0 49 27 2.2 -5.3
EUSA iShares MSCI USA Equal Weighted ETF 1.0 9 67 7.0 -0.5
PABU iShares Paris-Aligned Climate MSCI USA ETF 1.0 10 66 5.3 -2.2
ETHO Etho Climate Leadership U.S. ETF 1.0 47 29 5.5 -2.0
JMOM JPMorgan U.S. Momentum Factor ETF 0.9 12 64 6.1 -1.4
STLV iShares Factors US Value Style ETF 0.9 25 51 9.4 +1.9
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.9 15 61 8.2 +0.7
XJH iShares ESG Screened S&P Mid-Cap ETF 0.9 12 64 8.2 +0.7
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.9 47 29 6.1 -1.4
IJJ iShares S&P Mid-Cap 400 Value ETF 0.9 18 58 9.2 +1.8
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.9 15 61 9.3 +1.8
MDYV SPDR S&P 400 Mid Cap Value ETF 0.9 15 61 9.4 +1.9
JOET Virtus Terranova US Quality Momentum ETF 0.9 29 47 6.3 -1.2
RBLD First Trust Alerian US NextGen Infrastructure ETF 0.9 65 11 5.6 -1.9
SUSA iShares MSCI USA ESG Select ETF 0.9 25 51 6.1 -1.4
VIRS Pacer BioThreat Strategy ETF 0.9 70 6 7.2 -0.2
MTUM iShares MSCI USA Momentum Factor ETF 0.9 15 61 5.1 -2.4
MDY SPDR S&P Midcap 400 ETF Trust 0.8 23 53 8.0 +0.6
XSW SPDR S&P Software & Services ETF 0.8 35 41 2.4 -5.1
DEMZ Advisors Inner Circle Fund III DEMZ Political Contributions 0.8 45 31 5.9 -1.6
DON WisdomTree U.S. MidCap Dividend Fund 0.8 38 38 9.6 +2.1
SPMD SPDR Portfolio Mid Cap ETF 0.8 3 73 8.2 +0.8
IVOO Vanguard S&P Mid-Cap 400 ETF 0.8 10 66 8.2 +0.7
IJH iShares Core S&P Mid-Cap ETF 0.8 5 71 8.2 +0.7
ACTV LeaderShares Activist Leaders ETF 0.8 75 1 9.3 +1.8
CGGR Capital Group Growth ETF 0.8 39 37 4.0 -3.5
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.8 9 67 7.0 -0.5
ONEY SPDR Russell 1000 Yield Focus ETF 0.8 20 56 11.4 +3.9
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 0.8 47 29 -1.8 -9.3
TRFM AAM Transformers ETF 0.8 49 27 1.6 -5.9
SMDV ProShares Russell 2000 Dividend Growers ETF 0.8 40 36 7.9 +0.5
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 0.8 30 46 9.2 +1.7
TMFE Motley Fool Capital Efficiency 100 Index ETF 0.8 50 26 5.4 -2.1
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.8 29 47 10.9 +3.4
FNDA Schwab Fundamental U.S. Small Co. Index ETF 0.8 25 51 6.9 -0.6
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.7 15 61 7.2 -0.3
IJK iShares S&P Mid-Cap 400 Growth ETF 0.7 17 59 7.2 -0.3
XLI Industrial Select Sector SPDR Fund 0.7 10 66 5.7 -1.8
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 0.7 60 16 6.4 -1.1
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.7 15 61 7.2 -0.3
PSCD Invesco S&P SmallCap Consumer Discretionary ETF 0.7 30 46 13.7 +6.2
ICAP InfraCap Equity Income Fund ETF 0.7 171 -95 10.0 +2.5
KRUZ Unusual Whales Subversive Republican Trading ETF 0.7 75 1 4.8 -2.7
HDUS Hartford Disciplined US Equity ETF 0.7 19 57 7.0 -0.5
DEIF Sterling Capital Diverse Multi-Manager Active ETF 0.7 65 11 7.1 -0.4
EQAL Invesco Russell 1000 Equal Weight ETF 0.7 20 56 7.2 -0.3
SFYX Sofi Next 500 ETF 0.7 0 76 6.2 -1.3
USXF iShares ESG Advanced MSCI USA ETF 0.7 10 66 5.7 -1.8
NZRO Strategy Shares Halt Climate Change ETF 0.7 95 -19 1.9 -5.6
ISCV iShares Morningstar Small Cap Value ETF 0.7 6 70 9.1 +1.6
ONEO SPDR Russell 1000 Momentum Focus ETF 0.7 20 56 7.9 +0.4
DFE WisdomTree Europe SmallCap Dividend Fund 0.7 58 18 11.3 +3.8
XT iShares Exponential Technologies ETF 0.7 46 30 3.9 -3.6
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.6 14 62 5.9 -1.6
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.6 12 64 6.1 -1.4
WRND IQ Global Equity R&D Leaders ETF 0.6 18 58 8.2 +0.7
KOMP SPDR Kensho New Economies Composite ETF 0.6 20 56 -0.4 -7.8
CRUZ Defiance Hotel Airline and Cruise ETF 0.6 45 31 -4.6 -12.1
SCHM Schwab U.S. Mid-Cap ETF 0.6 4 72 6.7 -0.7
QWLD SPDR MSCI World StrategicFactors ETF 0.6 30 46 7.6 +0.1
IWS iShares Russell Mid-Cap Value ETF 0.6 23 53 7.6 +0.2
VBK Vanguard Small-Cap Growth Index Fund 0.6 7 69 1.5 -6.0
ISMD Inspire Small/Mid Cap Impact ETF 0.6 54 22 5.6 -1.9
IEUS iShares MSCI Europe Small-Cap ETF 0.6 40 36 6.7 -0.7
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 0.6 50 26 4.0 -3.5
EGUS iShares ESG Aware MSCI USA Growth ETF 0.6 15 61 5.0 -2.5
IMCV iShares Morningstar Mid-Cap Value ETF 0.6 6 70 9.1 +1.6
VIS Vanguard Industrials Index Fund 0.6 10 66 5.3 -2.2
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.6 39 37 4.8 -2.7
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.6 7 69 5.9 -1.6
FIDU Fidelity MSCI Industrials Index ETF 0.6 8 68 5.6 -1.9
BLES Inspire Global Hope Large Cap ETF 0.5 61 15 7.1 -0.3
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 0.5 17 59 8.0 +0.5
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 0.5 20 56 5.4 -2.1
TMFC Motley Fool 100 Index ETF 0.5 50 26 4.5 -3.0
VB Vanguard Small-Cap ETF 0.5 5 71 6.2 -1.3
GVLU Gotham 1000 Value ETF 0.5 50 26 9.6 +2.1
ISCB iShares Morningstar Small-Cap ETF 0.5 4 72 5.9 -1.6
SMMD iShares Russell 2500 ETF 0.5 15 61 6.8 -0.7
RESP WisdomTree US ESG Fund of Benef Interest 0.5 28 48 6.8 -0.7
FLRG Fidelity U.S. Multifactor ETF 0.5 29 47 7.8 +0.3
IYW iShares U.S. Technology ETF 0.5 39 37 5.4 -2.1
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.5 15 61 10.0 +2.5
SLYV SPDR S&P 600 Small Cap Value ETF 0.5 15 61 10.1 +2.6
IJS iShares S&P Small-cap 600 Value ETF 0.5 18 58 10.1 +2.6
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 0.5 15 61 12.4 +4.9
RWK Invesco S&P MidCap 400 Revenue ETF 0.5 39 37 9.7 +2.2
ESGU iShares MSCI USA ESG Optimized ETF 0.5 15 61 5.9 -1.6
IQSM IQ Candriam ESG U.S. Mid Cap Equity ETF 0.5 15 61 7.1 -0.4
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.5 10 66 6.3 -1.2
IWN iShares Russell 2000 Value ETF 0.5 24 52 7.0 -0.5
VGT Vanguard Information Technology Index Fund 0.5 10 66 5.5 -2.0
VTWV Vanguard Russell 2000 Value Index Fund 0.5 15 61 7.0 -0.5
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 0.5 17 59 6.3 -1.2
AVSC Avantis U.S Small Cap Equity ETF 0.5 25 51 5.4 -2.1
FTEC Fidelity MSCI Information Technology Index ETF 0.5 8 68 5.5 -2.0
RSPE Invesco ESG S&P 500 Equal Weight ETF 0.5 20 56 7.7 +0.2
IYK iShares U.S. Consumer Goods ETF 0.5 39 37 6.7 -0.8
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.5 25 51 8.7 +1.2
SCHG Schwab U.S. Large-Cap Growth ETF 0.5 4 72 4.9 -2.6
BOTZ Global X Robotics & Artificial Intelligence ETF 0.5 69 7 3.4 -4.1
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.5 9 67 5.2 -2.3
IGM iShares Expanded Tech Sector ETF 0.5 41 35 5.4 -2.1
IWF iShares Russell 1000 Growth ETF 0.4 19 57 5.3 -2.2
VONG Vanguard Russell 1000 Growth Index Fund 0.4 8 68 5.4 -2.1
BKSE BNY Mellon US Small Cap Core Equity ETF 0.4 4 72 6.6 -0.9
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.4 18 58 8.7 +1.3
SCHA Schwab U.S. Small-Cap ETF 0.4 4 72 5.6 -1.9
IYJ iShares U.S. Industrials ETF 0.4 39 37 5.7 -1.8
VBR Vanguard Small Cap Value Index Fund 0.4 7 69 9.2 +1.7
STXG Strive 1000 Growth ETF 0.4 18 58 5.1 -2.4
DVY iShares Select Dividend ETF 0.4 38 38 10.1 +2.6
HLAL Wahed FTSE USA Shariah ETF 0.4 50 26 5.4 -2.1
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.4 20 56 8.8 +1.3
SIXL 6 Meridian Low Beta Equity Strategy ETF 0.4 80 -4 6.0 -1.5
JQUA JPMorgan U.S. Quality Factor ETF 0.4 12 64 6.5 -1.0
EZM WisdomTree U.S. MidCap Earnings Fund 0.4 38 38 11.1 +3.6
VTWO Vanguard Russell 2000 Index Fund 0.4 10 66 4.6 -2.9
TTAC TrimTabs US Free Cash Flow Quality ETF 0.4 59 17 6.8 -0.7
VTV Vanguard Value Index Fund 0.4 4 72 7.8 +0.3
EWUS iShares MSCI United Kingdom Small Cap ETF 0.4 59 17 8.1 +0.6
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 0.4 20 56 5.8 -1.7
JHML John Hancock Multifactor Large Cap ETF 0.4 29 47 6.4 -1.1
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.4 9 67 6.6 -0.8
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 0.4 21 55 4.2 -3.3
EXI iShares Global Industrials ETF 0.4 42 34 5.8 -1.7
QGRW WisdomTree U.S. Quality Growth Fund 0.4 28 48 5.7 -1.8
RVRB Reverb ETF 0.4 30 46 5.8 -1.7
SVAL iShares US Small Cap Value Factor ETF 0.4 20 56 11.7 +4.3
ILCG iShares Morningstar Growth ETF 0.4 4 72 4.6 -2.9
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.4 15 61 5.6 -1.9
ISCG iShares Morningstar Small-Cap Growth ETF 0.4 6 70 2.3 -5.2
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.4 7 69 6.0 -1.5
WOMN Impact Shares YWCA Women's Empowerment ETF 0.4 75 1 5.5 -2.0
IUS Invesco Strategic US ETF 0.4 19 57 8.1 +0.6
SFY SoFi Select 500 ETF 0.4 0 76 5.6 -1.9
IQSU IQ Candriam ESG US Equity ETF 0.4 9 67 5.5 -2.0
VMAT V-Shares MSCI World ESG Materiality and Carbon Transition ET 0.4 39 37 6.4 -1.1
EVUS iShares ESG Aware MSCI USA Value ETF 0.4 18 58 7.7 +0.2
VTI Vanguard Total Stock Market Index Fund 0.4 3 73 5.7 -1.8
OGIG O'Shares Global Internet Giants ETF 0.4 48 28 0.2 -7.3
ANEW ProShares MSCI Transformational Changes ETF 0.4 45 31 5.9 -1.6
VTWG Vanguard Russell 2000 Growth Index Fund 0.3 15 61 1.7 -5.8
VDC Vanguard Consumer Staples Index Fund 0.3 10 66 6.3 -1.2
ESGV Vanguard ESG U.S. Stock ETF 0.3 9 67 5.7 -1.8
VTHR Vanguard Russell 3000 Index Fund 0.3 10 66 5.7 -1.8
IWB iShares Russell 1000 ETF 0.3 15 61 5.8 -1.7
VONE Vanguard Russell 1000 ETF 0.3 8 68 5.8 -1.7
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.3 24 52 8.9 +1.4
RECS Columbia Research Enhanced Core ETF 0.3 15 61 6.7 -0.8
IWV iShares Russell 3000 ETF 0.3 20 56 5.6 -1.9
GPAL Goldman Sachs ActiveBeta Paris-Aligned Climate U.S. Large Ca 0.3 20 56 6.6 -0.9
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 0.3 25 51 6.6 -0.9
PBUS Invesco PureBeta MSCI USA ETF 0.3 4 72 5.9 -1.6
SCHK Schwab 1000 Index ETF 0.3 5 71 6.0 -1.5
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 0.3 38 38 11.0 +3.5
VV Vanguard Large-Cap Index Fund 0.3 4 72 5.8 -1.7
IYY iShares Dow Jones U.S. ETF 0.3 20 56 5.8 -1.7
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.3 3 73 5.8 -1.7
SCHB Schwab U.S. Broad Market ETF 0.3 3 73 5.9 -1.6
QQQ Invesco QQQ Trust 0.3 20 56 5.3 -2.2
QQQM Invesco NASDAQ 100 ETF 0.3 15 61 5.2 -2.3
FCPI Fidelity Stocks for Inflation ETF 0.3 29 47 9.3 +1.8
GENY Principal Millennials Index ETF 0.3 38 38 7.4 -0.1
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.3 29 47 7.6 +0.1
XJR iShares ESG Screened S&P Small-Cap ETF 0.3 12 64 7.9 +0.4
SCHX Schwab U.S. Large-Cap ETF 0.3 3 73 5.9 -1.6
STRV Strive 500 ETF 0.3 5 71 5.8 -1.7
DFAC Dimensional U.S. Core Equity 2 ETF 0.3 17 59 6.6 -0.9
EPS WisdomTree U.S. Earnings 500 Fund 0.3 8 68 7.2 -0.3
ILCB iShares Morningstar U.S. Equity ETF 0.3 3 73 5.9 -1.6
FTC First Trust Large Cap Growth AlphaDEX Fund 0.3 59 17 4.3 -3.2
SUSL iShares ESG MSCI USA Leaders ETF 0.3 10 66 5.9 -1.6
IYT iShares Transportation Average ETF 0.3 39 37 2.7 -4.8
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.3 29 47 8.4 +0.9
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.3 10 66 6.0 -1.5
WTRE WisdomTree New Economy Real Estate Fund 0.3 58 18 5.2 -2.3
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.3 7 69 5.8 -1.7
BFOR Barron's 400 ETF 0.3 65 11 8.7 +1.3
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.3 2 74 5.9 -1.6
TPLC Timothy Plan US Large Cap Core ETF 0.3 52 24 6.6 -0.9
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.3 58 18 6.5 -1.0
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.3 11 65 5.9 -1.6
VOTE Engine No. 1 Transform 500 ETF 0.3 5 71 5.8 -1.7
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 0.3 15 61 6.2 -1.3
DSI iShares MSCI KLD 400 Social ETF 0.3 25 51 5.9 -1.6
SCZ iShares MSCI EAFE Small-Cap ETF 0.3 39 37 6.4 -1.1
SDIV Global X SuperDividend ETF 0.3 58 18 18.3 +10.8
KBWD Invesco KBW High Dividend Yield Financial ETF 0.3 384 -308 9.4 +1.9
RIET Hoya Capital High Dividend Yield ETF 0.3 50 26 11.9 +4.4
PSCF Invesco S&P SmallCap Financials ETF 0.3 29 47 11.5 +4.0
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 0.3 30 46 11.6 +4.1
XSVM Invesco S&P SmallCap Value with Momentum ETF 0.3 39 37 12.1 +4.6
MORT VanEck Mortgage REIT Income ETF 0.3 41 35 12.4 +4.9
REM iShares Mortgage Real Estate ETF 0.3 48 28 14.1 +6.6
DFAS Dimensional U.S. Small Cap ETF 0.3 26 50 6.9 -0.6
IWM iShares Russell 2000 ETF 0.3 19 57 4.6 -2.9
MGV Vanguard Mega Cap Value ETF 0.3 7 69 7.5 +0.0
PRF Invesco FTSE RAFI US 1000 ETF 0.3 39 37 7.6 +0.1
EWN iShares MSCI Netherlands ETF 0.3 50 26 5.4 -2.1
VIOO Vanguard S&P Small-Cap 600 ETF 0.3 10 66 8.5 +1.0
IJR iShares Core S&P Small Cap ETF 0.3 6 70 8.5 +1.0
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.3 3 73 8.6 +1.1
DFUS Dimensional U.S. Equity ETF 0.3 9 67 5.8 -1.7
AVUS Avantis U.S. Equity ETF 0.3 15 61 6.9 -0.6
DFAU Dimensional US Core Equity Market ETF 0.3 12 64 6.0 -1.5
VUG Vanguard Growth Index Fund 0.3 4 72 4.8 -2.7
STXK Strive Small-Cap ETF 0.3 18 58 5.8 -1.7
RZV Invesco S&P Smallcap 600 Pure Value ETF 0.3 35 41 13.5 +6.0
PLTL Principal US Small-Cap Adaptive Multi-Factor ETF 0.3 19 57 8.5 +1.0
VALQ American Century STOXX U.S. Quality Value ETF 0.3 29 47 8.5 +1.0
AFMC First Trust Active Factor Mid Cap ETF 0.3 65 11 9.7 +2.2
NUSC Nuveen ESG Small-Cap ETF 0.3 31 45 6.2 -1.3
VEGN US Vegan Climate ETF 0.3 60 16 5.3 -2.2
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.2 20 56 5.7 -1.8
RAFE PIMCO RAFI ESG U.S. ETF 0.2 29 47 8.2 +0.7
DFIS Dimensional International Small Cap ETF 0.2 39 37 6.8 -0.7
TOK iShares MSCI Kokusai ETF 0.2 25 51 6.2 -1.3
ILCV iShares Morningstar Value ETF 0.2 4 72 7.7 +0.2
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.2 12 64 8.5 +1.0
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 67 6.5 -1.0
FDL First Trust Morningstar Dividend Leaders Index Fund 0.2 45 31 11.3 +3.9
FYT First Trust Small Cap Value AlphaDEX Fund 0.2 73 3 11.9 +4.5
FSMD Fidelity Small-Mid Factor ETF 0.2 29 47 8.3 +0.8
VOE Vanguard Mid-Cap Value Index Fund 0.2 7 69 8.4 +0.9
FLQL Franklin LibertyQ U.S. Equity ETF 0.2 15 61 7.4 -0.1
VONV Vanguard Russell 1000 Value Index Fund 0.2 8 68 7.5 -0.0
URTH iShares MSCI World ETF 0.2 24 52 6.4 -1.1
IWD iShares Russell 1000 Value ETF 0.2 19 57 7.4 -0.1
LRGF iShares Edge MSCI Multifactor USA ETF 0.2 8 68 6.9 -0.6
IETC iShares Evolved U.S. Technology ETF 0.2 18 58 5.2 -2.3
IWC iShares Micro-Cap ETF 0.2 60 16 -3.9 -11.4
IEDI iShares Evolved U.S. Discretionary Spending ETF 0.2 18 58 5.5 -2.0
AVUV Avantis U.S. Small Cap Value ETF 0.2 25 51 10.6 +3.1
VT Vanguard Total World Stock ETF 0.2 7 69 6.6 -0.8
QQMG Invesco ESG NASDAQ 100 ETF 0.2 20 56 5.3 -2.2
QLV FlexShares US Quality Low Volatility Index Fund 0.2 22 54 5.9 -1.6
VFH Vanguard Financials Index Fund 0.2 10 66 7.6 +0.1
SCHC Schwab International Small-Cap Equity ETF 0.2 11 65 6.2 -1.3
PFM Invesco Dividend Achievers ETF 0.2 53 23 6.4 -1.1
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.2 25 51 7.6 +0.2
STXD Strive 1000 Dividend Growth ETF 0.2 35 41 6.2 -1.3
ACWI iShares MSCI ACWI ETF 0.2 32 44 6.5 -1.0
DFSU Dimensional US Sustainability Core 1 ETF 0.2 18 58 6.7 -0.8
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 7 69 6.6 -0.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.2 20 56 6.9 -0.6
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.2 20 56 7.5 +0.0
IWY iShares Russell Top 200 Growth ETF 0.2 20 56 5.4 -2.1
SNPV Xtrackers S&P ESG Value ETF 0.2 15 61 6.7 -0.8
DLS WisdomTree International SmallCap Dividend Fund 0.2 58 18 9.5 +2.0
NANC Unusual Whales Subversive Democratic Trading ETF 0.2 75 1 4.8 -2.7
ISCF iShares Edge MSCI Multifactor Intl Small-Cap ETF 0.2 23 53 8.7 +1.2
HAPI Harbor Corporate Culture ETF 0.2 36 40 5.5 -2.0
IUSV iShares Core S&P U.S. Value ETF 0.2 4 72 6.8 -0.7
FYX First Trust Small Cap Core AlphaDEX Fund 0.2 61 15 8.4 +0.9
DFAT Dimensional U.S. Targeted Value ETF 0.2 28 48 9.4 +1.9
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 0.2 61 15 7.7 +0.2
DGRO iShares Core Dividend Growth ETF 0.2 8 68 7.3 -0.2
CFA VictoryShares US 500 Volatility Weighted Index ETF 0.2 35 41 7.1 -0.4
VYM Vanguard High Dividend Yield Index ETF 0.2 6 70 8.2 +0.7
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 0.2 36 40 7.0 -0.4
IYG iShares US Financial Services ETF 0.2 39 37 7.4 -0.1
RSP Invesco S&P 500 Equal Weight ETF 0.2 20 56 7.1 -0.4
SCHV Schwab U.S. Large-Cap Value ETF 0.2 4 72 7.5 -0.0
STXV Strive 1000 Value ETF 0.2 18 58 8.4 +0.9
FNDX Schwab Fundamental U.S. Large Co. Index ETF 0.2 25 51 7.7 +0.3
VIG Vanguard Dividend Appreciation Index Fund 0.2 6 70 6.3 -1.2
SSPY Syntax Stratified LargeCap ETF 0.2 30 46 7.4 -0.1
QGRO American Century STOXX U.S. Quality Growth ETF 0.2 29 47 6.7 -0.8
HAP VanEck Natural Resources ETF 0.2 50 26 8.2 +0.7
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.2 39 37 11.8 +4.3
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.2 63 13 3.5 -4.0
FNCL Fidelity MSCI Financials Index ETF 0.2 8 68 7.6 +0.1
FEX First Trust Large Cap Core AlphaDEX Fund 0.2 59 17 7.1 -0.4
IYF iShares U.S. Financials ETF 0.2 39 37 7.5 +0.0
RNSC Small Cap US Equity Select ETF 0.2 60 16 8.9 +1.4
RNLC Large Cap US Equity Select ETF 0.1 60 16 7.5 +0.0
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 1 6.3 -1.2
VDNI V-Shares US Leadership Diversity ETF 0.1 29 47 6.2 -1.3
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.1 39 37 10.0 +2.5
REVS Columbia Research Enhanced Value ETF 0.1 19 57 8.6 +1.1
ESIX SPDR S&P SmallCap 600 ESG ETF 0.1 12 64 8.6 +1.1
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 0.1 58 18 9.3 +1.8
BSVO EA Bridgeway Omni Small-Cap Value ETF 0.1 47 29 10.0 +2.6
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 27 5.7 -1.8
SPYV SPDR Portfolio S&P 500 Value ETF 0.1 4 72 6.6 -0.9
VOOV Vanguard S&P 500 Value ETF 0.1 10 66 6.5 -1.0
IVE iShares S&P 500 Value ETF 0.1 18 58 6.4 -1.1
DTD WisdomTree U.S.Total Dividend Fund 0.1 28 48 7.4 -0.1
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.1 95 -19 2.5 -5.0
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.1 12 64 5.5 -2.0
VOX Vanguard Telecommunication Services Index Fund 0.1 10 66 5.5 -2.0
FCOM Fidelity MSCI Telecommunication Services Index ETF 0.1 8 68 6.4 -1.1
YPS Arrow Reverse Cap 500 ETF 0.1 29 47 6.8 -0.7
SMLE Xtrackers S&P SmallCap 600 ESG ETF 0.1 15 61 8.5 +1.0
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.1 15 61 8.5 +1.0
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 0.1 35 41 8.8 +1.3
MGC Vanguard Mega Cap Index Fund 0.1 7 69 5.7 -1.8
DFUV Dimensional US Marketwide Value ETF 0.1 22 54 8.6 +1.2
JGRO JPMorgan Active Growth ETF 0.1 44 32 4.0 -3.5
IWL iShares Russell Top 200 ETF 0.1 15 61 5.6 -1.9
BKLC BNY Mellon US Large Cap Core Equity ETF 0.1 0 76 5.7 -1.8
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 57 7.1 -0.4
VLU SPDR S&P 1500 Value Tilt ETF 0.1 12 64 8.3 +0.8
SSLY Syntax Stratified SmallCap ETF 0.1 40 36 8.1 +0.6
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.1 49 27 5.3 -2.2
SPTM SPDR Portfolio Total Stock Market ETF 0.1 3 73 6.2 -1.3
VLUE iShares MSCI USA Value Factor ETF 0.1 15 61 11.9 +4.4
FDEV Fidelity Targeted International Factor ETF 0.1 39 37 9.4 +1.9
IQDG WisdomTree International Quality Dividend Growth Fund 0.1 42 34 6.2 -1.3
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.1 58 18 6.0 -1.5
CATH Global X S&P 500 Catholic Values Custom ETF 0.1 29 47 5.8 -1.7
SPXT ProShares S&P 500 Ex-Technology ETF 0.1 9 67 6.3 -1.2
SNPE Xtrackers S&P 500 ESG ETF 0.1 10 66 6.0 -1.5
IWO iShares Russell 2000 Growth ETF 0.1 24 52 1.8 -5.7
FNDC Schwab Fundamental International Small Co. Index ETF 0.1 39 37 6.3 -1.2
NACP Impact Shares NAACP Minority Empowerment ETF 0.1 49 27 5.6 -1.9
EES WisdomTree SmallCap Earnings Fund 0.1 38 38 12.5 +5.0
SPXN ProShares S&P 500 Ex-Financials ETF 0.1 9 67 6.0 -1.5
SPXV ProShares S&P 500 Ex-Health Care ETF 0.1 9 67 5.6 -1.9
XVV iShares ESG Screened S&P 500 ETF 0.1 8 68 5.9 -1.6
ESG FlexShares STOXX US ESG Impact Index Fund 0.1 32 44 5.6 -1.9
IEUR iShares Core MSCI Europe ETF 0.1 9 67 7.7 +0.2
QVML Invesco S&P 500 QVM Multi-factor ETF 0.1 11 65 6.2 -1.3
DGRW WisdomTree U.S. Quality Dividend Growth Fund 0.1 28 48 6.5 -1.0
SPXE ProShares S&P 500 Ex-Energy ETF 0.1 9 67 5.9 -1.6
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 56 5.8 -1.7
TMFX Motley Fool Next Index ETF 0.1 50 26 3.9 -3.6
DFSI Dimensional International Sustainability Core 1 ETF 0.1 24 52 7.3 -0.2
SPEU SPDR Portfolio Europe ETF 0.1 7 69 7.7 +0.2
DES WisdomTree U.S. SmallCap Dividend Fund 0.1 38 38 9.8 +2.3
SPY SPDR S&P 500 ETF Trust 0.1 9 67 5.9 -1.6
IVV iShares Core S&P 500 ETF 0.1 3 73 6.0 -1.5
VOO VANGUARD S&P 500 ETF 0.1 3 73 6.0 -1.5
SPLG SPDR Portfolio S&P 500 ETF 0.1 2 74 6.0 -1.5
DFSV Dimensional US Small Cap Value ETF 0.1 31 45 9.6 +2.1
EUDG WisdomTree Europe Quality Dividend Growth Fund 0.1 58 18 6.9 -0.6
VFVA Vanguard U.S. Value Factor ETF 0.1 13 63 11.5 +4.0
PLRG Principal US Large-Cap Adaptive Multi-Factor ETF 0.1 15 61 6.0 -1.5
DHS WisdomTree U.S. High Dividend Fund 0.1 38 38 9.8 +2.3
NVQ QRAFT AI-Enhanced US Next Value ETF 0.1 75 1 10.9 +3.4
FAB First Trust Multi Cap Value AlphaDEX Fund 0.0 67 9 11.0 +3.5
DIM WisdomTree International MidCap Dividend Fund 0.0 58 18 8.7 +1.2
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.0 42 34 6.4 -1.1
DIVB iShares Core Dividend 0.0 5 71 9.0 +1.5
IEFA iShares Core MSCI EAFE ETF 0.0 7 69 7.7 +0.2
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 72 7.8 +0.3
IUSG iShares Core S&P US Growth ETF 0.0 4 72 6.0 -1.5
GWX SPDR S&P International Small Cap ETF 0.0 40 36 5.9 -1.6
VGK Vanguard FTSE Europe ETF 0.0 11 65 7.7 +0.3
AVDE Avantis International Equity ETF 0.0 23 53 8.9 +1.4
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.0 30 46 8.7 +1.3
VCR Vanguard Consumer Discretionary Index Fund 0.0 10 66 5.0 -2.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 37 8.5 +1.1
DFIC Dimensional International Core Equity 2 ETF 0.0 23 53 8.1 +0.6
IXUS ishares Core MSCI Total International Stock ETF 0.0 7 69 7.8 +0.3
VSGX Vanguard ESG International Stock ETF 0.0 12 64 7.9 +0.4
FDIS Fidelity MSCI Consumer Discretionary Index ETF 0.0 8 68 5.0 -2.5
RWL Invesco S&P 500 Revenue ETF 0.0 39 37 7.4 -0.1
IGRO iShares International Dividend Growth ETF 0.0 15 61 9.9 +2.4
DLN WisdomTree U.S. LargeCap Dividend Fund 0.0 28 48 7.1 -0.4
VEA Vanguard FTSE Developed Markets ETF 0.0 5 71 7.9 +0.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.0 9 67 6.4 -1.1
ACVF American Conservative Values ETF 0.0 75 1 5.1 -2.4
VXUS Vanguard Total International Stock ETF 0.0 7 69 7.9 +0.4
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 73 7.6 +0.1
GSPY Gotham Enhanced 500 ETF 0.0 50 26 6.2 -1.3
DFAI Dimensional International Core Equity Market ETF 0.0 18 58 7.8 +0.3
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 37 8.4 +0.9
SQEW LeaderShares Equity Skew ETF 0.0 75 1 5.8 -1.7
ESGG FlexShares STOXX Global ESG Impact Index Fund 0.0 42 34 6.5 -1.0
DTH WisdomTree International High Dividend Fund 0.0 58 18 11.0 +3.5
FSTA Fidelity MSCI Consumer Staples Index ETF 0.0 8 68 6.3 -1.2
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.0 47 29 7.4 -0.1
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.0 40 36 9.9 +2.4
DWM WisdomTree International Equity Fund 0.0 48 28 9.9 +2.4
DFLV Dimensional US Large Cap Value ETF 0.0 22 54 9.1 +1.6
DUHP Dimensional US High Profitability ETF 0.0 21 55 8.1 +0.7
VSLU Applied Finance Valuation Large Cap ETF 0.0 49 27 6.6 -0.9

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

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RESULTS & ESTIMATES

  2017 2018 2019 2020 2021 2022E 2023E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

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

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

OTHER FUNDAMENTAL METRICS

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

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2021 2022E 2023E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 AltShares Merger Arbitrage ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 8.5 %
Divided by: Fwd. P/BV 1.0 x
Less: Expense ratio 76 bp
Equals: ALTAR Score 7.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.75 CATEGORY
AVERAGE		 1.50
 
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.